The Name Change Addendum is essential when any party to an existing agreement undergoes a name change and needs to maintain continuity in their contractual relationships. This document is commonly used in India following official name changes through gazette notifications, court orders, or other legally recognized processes. It's particularly important in business contexts where corporate entities undergo rebranding or restructuring, or in personal contexts following marriage, divorce, or personal choice. The addendum ensures legal compliance under Indian law while protecting the interests of all parties by clearly documenting the change and confirming that all other terms of the original agreement remain in force. This document type requires careful attention to detail in recording both the old and new names, effective dates, and including all necessary supporting documentation.
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1. Parties: Identifies all parties to the addendum, including both the current legal name and the new name of the changing party
2. Background: References the original agreement(s) being modified and explains the purpose of the addendum
3. Definitions: Defines key terms used in the addendum, including 'Effective Date', 'Original Agreement', 'New Name', etc.
4. Name Change Declaration: Formal statement of the name change, specifying the old name and new name
5. Effective Date: Specifies when the name change takes effect
6. Continuation of Original Agreement: Confirms that all other terms and conditions of the original agreement remain in full force and effect
7. Governing Law: Confirms that Indian law governs the addendum
8. Execution: Signature blocks for all parties with both old and new names where applicable
1. Related Document Updates: Lists other documents that need to be updated due to the name change (used when multiple agreements are affected)
2. Reason for Name Change: Explains the reason for the name change (used particularly for corporate name changes or when required by specific circumstances)
3. Third Party Notifications: Lists any third parties that need to be notified of the name change (used in complex commercial relationships)
4. Transition Period: Specifies any transition period during which both names may be used (used primarily for business name changes)
1. Schedule A - Original Agreement: Copy or reference to the original agreement being modified
2. Schedule B - Name Change Documentation: Official documentation evidencing the name change (such as gazette notification, court order, or official name change certificate)
3. Schedule C - Supporting Documents: Additional supporting documents such as board resolutions (for companies) or affidavits
4. Appendix 1 - Updated Contact Information: New contact details if changed along with the name
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