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Addendum To Memorandum Of Agreement Template for Singapore

An Addendum to Memorandum of Agreement under Singapore law is a formal legal document that modifies, supplements, or amends an existing memorandum of agreement while maintaining its core structure. It operates under Singapore's contract law framework, incorporating both statutory requirements and common law principles. The document allows parties to make specific changes to their original agreement while affirming that all other terms remain in full force and effect.

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What is a Addendum To Memorandum Of Agreement?

An Addendum To Memorandum Of Agreement is utilized when parties need to modify their existing agreement without creating an entirely new contract. Under Singapore law, this document serves as a formal amendment mechanism, allowing parties to add, remove, or modify specific terms while preserving the original agreement's framework. It's particularly useful for business relationships where circumstances have changed but the fundamental agreement remains sound. The addendum must comply with Singapore's Contract Act and related legislation, ensuring proper execution and enforceability.

What sections should be included in a Addendum To Memorandum Of Agreement?

1. Parties: Identification of all parties to the original agreement and addendum

2. Background: Reference to original agreement and reason for modification

3. Definitions: Key terms used in the addendum, including reference to original definitions

4. Amendments: Specific modifications to the original agreement

5. Confirmation: Statement that all other terms remain unchanged

6. Execution: Signature blocks and execution details

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

1. Effective Date: Specific section on when modifications take effect - use when effective date differs from execution date

2. Consideration: Details of any new consideration - use when additional consideration is provided

3. Regulatory Compliance: Additional compliance requirements - use when modifications trigger regulatory obligations

What schedules should be included in a Addendum To Memorandum Of Agreement?

1. Schedule of Amendments: Detailed list of specific changes to original agreement

2. Original Agreement: Copy of the original agreement being modified

3. Supporting Documents: Any additional documents referenced in 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

Jurisdiction

Singapore

Cost

Free to use

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