Contract Increase letter
Contract Increase Letter
Sarah Wilson
303 Cedar Court
Lot 15
Countryside, USA 45678
Thomas
789 Oak Drive
Apartment 7C
Caseyville, USA 67890
Dear Thomas,
Re: Contract Increase Letter
I hope this letter finds you well. I am writing to discuss the terms and conditions regarding the recent increase in the contracted services outlined between [Your Company/Organization] and [Recipient's Company/Organization]. We value our partnership and seek to clarify the updated agreement for the benefit of both parties.
The purpose of this letter is to outline the following key elements of the contract increase:
Parties Involved:
The contract increase is between [Your Company/Organization] (hereinafter referred to as "Provider") and [Recipient's Company/Organization] (hereinafter referred to as "Client").
Scope of Work/Services:
The scope of work/services provided under the original agreement dated [Date of Initial Contract] remains unchanged. However, the agreed-upon increase in services is as follows: [Specify the additional work or services to be provided].
Payment Terms:
The revised payment terms for the increased services are as follows: [Specify the new payment terms, including any changes to rates, frequency of payment, and payment method].
Deadlines and Deliverables:
The deadlines and deliverables for the increased services remain the same as initially agreed upon, unless otherwise specified in writing by both parties.
Confidentiality Clause:
Both parties acknowledge and agree to uphold the confidentiality clause as stated in the original contract. Any disclosure or unauthorized use of confidential information will result in legal action.
Other Legal Provisions:
Any other legal provisions stated in the original contract will remain in full effect, unless explicitly superseded or modified by this letter.
Breach of Contract:
Failure to meet the obligations outlined in this letter and the original contract may result in penalties, including but not limited to [Specify consequences/penalties for breach of contract].
Please take the time to thoroughly review this contract increase letter before signing and returning a copy to our office no later than [Specify deadline for reviewing, signing, and returning the contract]. If you have any questions or concerns regarding the updated agreement, do not hesitate to contact me directly at [Your Email Address] or [Your Phone Number].
We appreciate your continued partnership and look forward to mutually beneficial collaboration under the revised terms. Thank you for your prompt attention to this matter.
Best regards,
Sarah Wilson