Addendum to Contract Sample

The purpose of this Addendum is to formally modify the original agreement between [Your Company Name] and Sarah Kim dated July 15, 2050. This Addendum outlines specific changes, additions, or deletions to the terms of the original contract, ensuring clarity and mutual understanding between both parties.

Key Modifications

Extension of the project deadline from August 1, 2050 to September 15, 2050.
Increase in the total contract value from $50,000 to $75,000.
Addition of a comprehensive legal compliance audit to the scope of work.

Mutual Agreement

These changes have been mutually agreed upon by both parties. All other terms and conditions of the original agreement remain unchanged and in full force.

Legally Binding

This Addendum is legally binding upon signature by both parties and is intended to complement, not replace, the original contract. It is crucial that both parties review the modifications thoroughly to ensure compliance with the updated terms. The Addendum will take effect immediately upon execution by the authorized representatives of both parties.