Amendment Agreement Example

Experience has shown that after a series of various modifications to a contract, different people`s understanding of the resulting contract can come into conflict. That is why we recommend that the amendments be minimised. All other conditions that are not modified remain in full force and effect. [Insert here the corresponding signature blocks for TTUHSC and agency:] ************* ** * * In addition, if some different changes have already been made, if another modification is necessary,. Please, for the sake of clarity,. Consider reorganizing the entire treaty in order to update the Treaty with respect to all changes to be made. After an agreement has been executed, the parties to a contract may enter into a number of revised agreements for a certain period of time and, instead of entering into a new agreement, they may simply have to revise the original agreement. If the changes are significant and it would be too complicated to read the two agreements together, it may be better to conclude a new agreement. However, if the changes are easy to specify through an amendment, an amendment agreement would be a good way to move them forward. A modification agreement is a document between parties to an initial contract who wish to modify or revise certain terms of an agreement. The amending contract can be used to modify any type of contract such as supply contract, loan agreement, service contract, housing rental agreement or commercial rental agreement, etc.

This amendment is in accordance with this agreement [contract number], previously entered into by and between [name of agency], hereinafter referred to as “the AGENCY”, and texas TECH UNIVERSITY HEALTH SCIENCES CENTER, [office or school of ____ Otherwise, the following prototype language can begin to start developing a contract amendment: a modification agreement must mention the main details of the contract changes: things such as the clause numbers to be modified and the details of the revision must be indicated. It is understood by mutual agreement between and between the signatory parties and it is agreed to amend this earlier agreement as follows: [amendments, additions or deletions shall be clearly presented as examples on the basis of the following three (3) introductory sentences:] Article I, paragraph 1, is amended [day from month, year] as follows: in Article II, paragraph 2, [date of entry into force of the month, the year] adds that Article V(3) [date of entry into force, year] is completely deleted. . . .