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Addendum To Agreement for Malta

Addendum To Agreement Template for Malta

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Key Requirements PROMPT example:

Addendum To Agreement

"I need an Addendum to Agreement under Maltese law to extend our existing software licensing agreement with TechCorp Ltd for an additional 24 months from January 2025, with a 10% increase in the annual license fee."

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Addendum To Agreement

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What is a Addendum To Agreement?

The Addendum to Agreement is a essential legal instrument used when parties need to modify an existing agreement without creating an entirely new contract under Maltese law. This document type is particularly relevant in Malta's dynamic business environment, where commercial relationships frequently require adjustments to existing contractual arrangements. The addendum includes identification of the original agreement, specific changes being made, and confirmation that other terms remain in effect. It's commonly used when parties need to update pricing, extend terms, modify services or deliverables, or add new provisions to their original agreement. The document must comply with Malta's Civil Code requirements for contract modifications and should be drafted with consideration of both local and, where applicable, EU regulations. This type of document provides a streamlined approach to contract modification while ensuring legal validity and enforceability under Maltese jurisdiction.

What sections should be included in a Addendum To Agreement?

1. Parties: Full legal names and details of all parties to the original agreement

2. Background: Reference to the original agreement including its date, parties, and subject matter, and brief explanation of why the addendum is needed

3. Definitions: Any new terms being introduced by the addendum or reference to definitions in the original agreement

4. Amendments: Specific modifications to the original agreement, clearly identifying sections being modified, deleted, or added

5. Effect on Original Agreement: Statement that all other terms of the original agreement remain in full force and effect

6. Governing Law: Confirmation that the addendum is governed by Maltese law

7. Execution: Signature blocks for all parties and date of execution

What sections are optional to include in a Addendum To Agreement?

1. Recitals: Additional background information or context when complex circumstances led to the addendum

2. Interpretation: Special rules for interpreting the addendum in conjunction with the original agreement, if needed

3. Effective Date: Specific section on when the amendments take effect, if different from the execution date

4. Conditions Precedent: Any conditions that must be met before the addendum becomes effective

5. Representations and Warranties: New or updated representations if the amendments require additional assurances

6. Costs: Allocation of costs related to the preparation and execution of the addendum

What schedules should be included in a Addendum To Agreement?

1. Schedule of Amendments: Detailed table or list showing original clause text and new clause text side by side

2. Marked Version: Copy of relevant sections of the original agreement with tracked changes showing the amendments

3. Additional Documents: Any new documents, forms, or agreements referenced in or required by the amendments

4. Consent Documents: Any third-party consents or approvals required for the amendments

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




















Clauses




















Relevant Industries

Financial Services

Gaming and iGaming

Maritime and Shipping

Technology and Software

Professional Services

Real Estate

Manufacturing

Healthcare

Retail and Distribution

Telecommunications

Tourism and Hospitality

Construction

Relevant Teams

Legal

Procurement

Finance

Operations

Commercial

Business Development

Compliance

Risk Management

Project Management

Contract Administration

Relevant Roles

Legal Counsel

Contract Manager

Business Development Manager

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Procurement Manager

Project Manager

Account Manager

Operations Director

Commercial Director

Compliance Officer

Risk Manager

Company Secretary

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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