An Addendum To Memorandum Of Understanding is utilized when parties need to modify their existing MOU without creating an entirely new agreement. Under Singapore law, this document typically addresses specific changes, updates, or additions to the original understanding while preserving the remainder of the initial terms. It's particularly useful when circumstances change, new opportunities arise, or clarifications are needed to the original MOU. The document must comply with Singapore's Contract Act and maintain consistency with the original MOU's intent and structure.
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Key Requirements PROMPT example:
Addendum To Memorandum Of Understanding
"I need an Addendum To Memorandum Of Understanding to modify our existing technology partnership MOU by adding new data sharing provisions and updating the project timeline to commence from March 2025, all under Singapore law."
1. Parties: Identification of all parties to the addendum and original MOU
2. Background: Reference to original MOU, reason for addendum, and context
3. Definitions: Key terms used in the addendum, including references to original MOU definitions
4. Amendments: Specific modifications to the original MOU
5. Confirmation: Confirmation that all other terms remain unchanged
6. Execution: Signature blocks and execution details
1. Additional Terms: New terms being added to the original MOU - use when introducing completely new provisions
2. Interpretation: How the addendum should be read with the original MOU - use when complex changes require explanation
3. Effective Date: Specific timing for amendments to take effect - use when changes are not immediate
1. Schedule of Amendments: Detailed table showing original vs. amended clauses
2. Updated Attachments: Any modified attachments from original MOU
3. Original MOU: Copy of the original MOU being amended
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