Free Printable Addendum Template

Printable Addendum

Addendum to Employment Contract

Effective Date: August 8, 2055

This Addendum is made and entered into by and between [Your Company Name] ("Company") and John Smith ("Employee") to modify the terms of the existing Employment Contract dated March 15, 2056 ("Original Contract").


1. Purpose

This Addendum serves to revise specific provisions of the Original Contract as detailed below.

2. Amendments

2.1 Compensation

Effective January 1, 2057, the Employee’s base salary will be adjusted as follows:

Component

Current Amount

New Amount

Base Salary

$75,000

$85,000

Bonus Eligibility

Yes

Yes

2.2 Benefits

Effective July 1, 2057, the Employee’s benefits will be enhanced:

Benefit

Current Coverage

New Coverage

Health Insurance

Individual Plan

Family Plan

Retirement Plan

401(k) with 4% Match

401(k) with 6% Match

Paid Time Off

15 days annually

20 days annually

2.3 Remote Work Policy

Effective August 15, 2057, the Employee is permitted to work remotely up to three days per week. Terms include:

  • Maintenance of productivity is equivalent to in-office work.

  • Provision of a suitable home office environment by the Employee.

  • The company will supply the necessary equipment and up to $50 in monthly internet reimbursement.

2.4 Job Title and Responsibilities

Effective September 1, 2057, the Employee’s job title will be changed to "Senior Project Manager," with responsibilities including:

  • Overseeing project management teams.

  • Developing strategic plans for project development.

  • Coordinating with cross-functional teams.

3. Effectiveness

Except as amended by this Addendum, all terms of the Original Contract remain unchanged and in full force.

4. Governing Law

This Addendum will be governed by the laws of the State of California.

5. Signatures

Executed as of the date above:

[Your Company Name]
Name: [Your Name]
Title: Chief Human Resources Officer
Date: August 8, 2055

Employee
Name: John Smith
Date: August 8, 2055


Contact Information:

[Your Company Name]
[Your Company Address]
[Your Company Email]

For inquiries, please contact: [Your Email]

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