Document background
The Addendum To Existing Contract is a crucial legal instrument in South African business practice, used when parties need to modify their existing contractual arrangements without creating an entirely new agreement. This document type is particularly relevant when circumstances change after the original contract's execution, requiring updates to specific terms, prices, deadlines, or scope of work. Common scenarios include price adjustments, extension of contract periods, changes in delivery terms, or modification of service specifications. The addendum must comply with South African contract law principles and relevant statutory requirements, including the Consumer Protection Act where applicable. It serves as a formal record of modifications while explicitly preserving unmodified terms of the original agreement, providing legal certainty and preventing potential disputes about which terms have been changed.
