A First Addendum To Agreement is used when parties need to modify specific terms of an existing agreement without creating an entirely new contract. This document type is particularly relevant under German law, where contract modifications must meet specific formal requirements under the BGB (German Civil Code). It's commonly used when business circumstances change, requiring adjustments to commercial terms, timelines, scope of services, or other contractual provisions. The addendum must clearly reference the original agreement, specify which terms are being modified, and confirm the continuing validity of unmodified terms. This document is essential for maintaining clear contractual relationships while adapting to changing business needs, ensuring legal compliance, and providing a proper audit trail of contract modifications.
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1. Parties: Full legal names and addresses of all parties to the original agreement
2. Background: Reference to the original agreement including its date and parties, and brief context for why the addendum is needed
3. Definitions: Key terms used in the addendum, including reference to definitions in the original agreement
4. Amendment Details: Specific clauses being amended, showing both original and new text
5. Effect on Original Agreement: Statement that all other terms of the original agreement remain unchanged
6. Effective Date: When the amendments take effect
7. Governing Law: Confirmation that German law continues to govern
8. Counterparts: Statement about execution in multiple counterparts if applicable
9. Signature Block: Execution section for all parties
1. Recitals: Additional background information when complex circumstances led to the amendment
2. Interpretation: Special rules for interpreting the addendum alongside the original agreement, used when amendments are complex
3. Consolidated Version: Reference to a consolidated version of the agreement incorporating the amendments, used for complex changes
4. Third Party Consents: Confirmation of any required third-party approvals, used when amendments affect third party rights
5. Costs: Allocation of costs related to the preparation and execution of the addendum, if relevant
1. Schedule 1 - Amended Clauses: Clean version of all amended clauses in their entirety
2. Schedule 2 - Comparison Version: Redline showing changes between original and amended clauses
3. Schedule 3 - Required Consents: List of third-party consents obtained or required, if applicable
4. Appendix A - Updated Commercial Terms: If amendments involve changes to commercial terms, pricing, or deliverables
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Technology
Financial Services
Healthcare
Real Estate
Retail
Automotive
Energy
Telecommunications
Professional Services
Construction
Software and IT
Logistics
Pharmaceuticals
Consumer Goods
Relevant Teams
Legal
Procurement
Commercial
Business Development
Compliance
Operations
Sales
Contract Administration
Risk Management
Corporate Affairs
Project Management
Relevant Roles
Legal Counsel
Contract Manager
Business Development Manager
Chief Legal Officer
Commercial Director
Procurement Manager
General Counsel
Corporate Lawyer
Legal Operations Manager
Compliance Officer
Project Manager
Account Manager
Sales Director
Operations Manager
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