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Addendum Letter Template
"I need an Addendum Letter Template to modify our existing supplier agreement by extending the contract term until March 2025 and updating the payment terms to include a 5% annual price escalation, compliant with UAE law."
1. Letter Header: Company letterhead, date, reference number, and formal addressing of the recipient
2. Original Agreement Reference: Clear identification of the original agreement being modified, including its title, parties, and execution date
3. Purpose Statement: Brief statement explaining the purpose of the addendum
4. Amendment Details: Specific modifications being made to the original agreement, clearly stating what is being added, deleted, or modified
5. Effect on Original Agreement: Statement confirming that all other terms of the original agreement remain unchanged
6. Execution Requirements: Signature blocks and execution formalities as per UAE law
7. Contact Information: Details for future correspondence and communications regarding the addendum
1. Effective Date Statement: Include when the effective date of the modifications differs from the addendum date
2. Regulatory Compliance: Include when modifications require specific regulatory notifications or approvals
3. Consideration Statement: Include when there is a monetary or other consideration for the amendment
4. Arabic Translation: Include when the addendum needs to be bilingual for official purposes
5. Ratification Statement: Include when corporate or special approvals are required for the modifications
1. Schedule A - Detailed Amendment Terms: Used when the modifications are complex and require detailed explanation
2. Schedule B - Updated Payment Terms: Used when modifications involve changes to financial terms
3. Schedule C - Revised Specifications: Used when modifications involve technical or operational changes
4. Appendix 1 - Required Approvals: Copies of any required corporate or regulatory approvals
5. Appendix 2 - Supporting Documents: Any relevant supporting documentation referenced in the addendum
Authors
Real Estate
Construction
Financial Services
Technology
Healthcare
Manufacturing
Retail
Energy
Telecommunications
Professional Services
Hospitality
Education
Transportation and Logistics
Legal
Contracts Administration
Compliance
Corporate Secretariat
Business Development
Operations
Procurement
Finance
Risk Management
Project Management Office
Legal Counsel
Contract Manager
Business Development Manager
Project Manager
Commercial Director
Compliance Officer
Corporate Secretary
Operations Manager
Procurement Manager
Account Manager
CEO
CFO
General Manager
Risk Manager
Department Head
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