Free Contract Legal Addendum Template
Contract Legal Addendum
Date: August 13, 2050
Purpose: This Contract Legal Addendum is intended to outline and formalize modifications to the existing contract between [Your Company Name] and GlobalTech Solutions Inc., dated March 15, 2050. The addendum addresses specific changes in terms and conditions, including revisions to payment schedules, project milestones, and deliverables.
Key amendments include an extension of the contract term by six months and adjustments to the fee structure to reflect additional services requested. This addendum aims to ensure clarity and mutual agreement on these changes, maintaining the integrity of the original contract while accommodating the updated requirements. All other terms and conditions of the original contract remain in full force and effect. Please review the detailed amendments below and sign to acknowledge acceptance.
Amendments
Extension of Contract Term: The contract term is hereby extended by an additional six months, with the new termination date being September 15, 2051.
Revised Payment Schedule: The payment schedule has been revised to accommodate the additional services. The new payment milestones and amounts are as follows:
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Milestone 1: $10,000 due on September 1, 2051
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Milestone 2: $15,000 due on December 1, 2051
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Milestone 3: $20,000 due on March 1, 2052
Additional Services: The scope of services has been expanded to include the following additional deliverables, which are now incorporated into the contract:
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Comprehensive market analysis report
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Advanced software integration services
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Extended customer support hours
IN WITNESS WHEREOF, the parties hereto have executed this Addendum on the date set forth below.
[Your Company Name] |
GlobalTech Solutions Inc. |
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By: [Your Name] |
By: Jordan Lee |
Date: August 13, 2051 |
Date: August 13, 2051 |