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Amendment To Extend Term Of Agreement
"I need an Amendment to Extend Term of Agreement for our software licensing contract with TechCorp Limited, extending the current term by 24 months from January 1, 2025, with all other terms remaining the same under Irish law."
1. Parties: Identification of all parties to the original agreement and confirmation that they remain the same for this amendment
2. Background: References to the original agreement, its date, and any previous amendments; states the parties' desire to extend the term
3. Definitions: Key terms used in the amendment, including reference to definitions in the original agreement
4. Extension of Term: Clear statement of the new term duration, including specific start and end dates
5. Confirmation of Other Terms: Affirmation that all other terms and conditions of the original agreement remain in full force and effect
6. Governing Law: Confirmation that the amendment is governed by Irish law, consistent with the original agreement
7. Execution: Signature blocks for all parties, including date of signing
1. Additional Modifications: Used when parties wish to make other minor changes to the agreement alongside the term extension
2. Consideration: Include when there is a specific exchange of value for the extension
3. Conditions Precedent: Include when the term extension is subject to certain conditions being met
4. Notice Details: Include if there are any changes to the parties' contact information
5. Regulatory Compliance: Include when the extension triggers any regulatory notification or compliance requirements
1. Schedule 1 - Original Agreement: Copy of the original agreement being amended
2. Schedule 2 - Previous Amendments: Copies of any previous amendments to the original agreement
3. Schedule 3 - New Term Details: Used for complex term extensions with multiple dates or phases
Authors
Technology and Software
Real Estate and Property
Financial Services
Manufacturing
Professional Services
Healthcare
Retail and Consumer Goods
Telecommunications
Energy and Utilities
Construction
Education
Transportation and Logistics
Legal
Procurement
Commercial
Operations
Finance
Compliance
Risk Management
Business Development
Contract Administration
Corporate Secretariat
Legal Counsel
Contract Manager
Commercial Director
Chief Executive Officer
Chief Financial Officer
Procurement Manager
Business Development Manager
Operations Director
Company Secretary
Risk Manager
Compliance Officer
Project Manager
Account Manager
General Manager
Legal Administrator
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