tiktok³ÉÈ˰æ

Addendum Assignment Contract Template for Canada

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Addendum Assignment Contract

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Addendum Assignment Contract

"I need an Addendum Assignment Contract to transfer our software maintenance agreement with TechServe Solutions to our new subsidiary company, effective March 1, 2025, with a requirement that the original service levels and payment terms remain unchanged."

Document background
The Addendum Assignment Contract is a crucial legal instrument used when one party to an existing contract needs to transfer their rights, obligations, or entire contractual position to another party. This document is particularly relevant in Canadian business contexts where companies undergo restructuring, M&A activities, or need to reorganize their contractual relationships. It must conform to Canadian legal requirements, including provincial contract laws and, where applicable, specific statutory requirements for assignments. The document typically includes detailed provisions about the original agreement, the scope of the assignment, any conditions or limitations, and necessary consents. It's essential for situations involving business sales, corporate reorganizations, project reassignments, or debt assignments, and can be adapted to various industries while maintaining compliance with Canadian legal standards.
Suggested Sections

1. Parties: Identification of all parties involved: Assignor, Assignee, and any other parties to the original agreement who need to consent to the assignment

2. Background: Recitals explaining the context of the original agreement and the purpose of the assignment

3. Definitions: Key terms used in the addendum, including references to the original agreement and any new terms specific to the assignment

4. Reference to Original Agreement: Specific details of the original agreement being modified, including date, parties, and subject matter

5. Assignment Provisions: The specific rights, obligations, and interests being assigned from the Assignor to the Assignee

6. Effective Date: The date when the assignment becomes effective

7. Consideration: Details of any payment or other consideration for the assignment

8. Representations and Warranties: Standard representations regarding authority to assign and status of the original agreement

9. Consent: Confirmation of any required consents from other parties to the original agreement

10. Governing Law: Specification of applicable Canadian jurisdiction

11. Execution: Signature blocks for all parties

Optional Sections

1. Security Provisions: Required when the assignment involves security interests or collateral

2. Conditions Precedent: Include when there are specific conditions that must be met before the assignment becomes effective

3. Partial Assignment Provisions: Required when only certain rights or obligations are being assigned while others remain with the original party

4. Novation Provisions: Include when the arrangement is actually a novation rather than a pure assignment

5. Transitional Provisions: Required when there needs to be a handover period or specific arrangements for transition

6. Continuing Obligations: Include when the assignor retains certain obligations or liabilities

7. Notice Requirements: Required when there are specific notice requirements to third parties

8. Anti-assignment Provisions: Include when addressing or overcoming any anti-assignment provisions in the original agreement

Suggested Schedules

1. Schedule A - Original Agreement: Copy of the original agreement being assigned

2. Schedule B - Assigned Rights and Obligations: Detailed list of specific rights and obligations being transferred

3. Schedule C - Consent Documents: Copies of any third-party consents obtained

4. Schedule D - Assignment Consideration: Details of payment terms or other consideration if complex

5. Schedule E - Transition Plan: If applicable, detailed plan for transitioning responsibilities

6. Appendix 1 - Related Agreements: Copies of any related agreements affected by the assignment

7. Appendix 2 - Corporate Authorizations: Copies of corporate resolutions or other authorization documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 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

Real Estate

Construction

Manufacturing

Technology

Healthcare

Energy

Telecommunications

Professional Services

Retail

Transportation

Mining and Resources

Agriculture

Education

Relevant Teams

Legal

Compliance

Corporate Development

Business Operations

Finance

Risk Management

Procurement

Commercial Operations

Contract Administration

Project Management

Relevant Roles

Legal Counsel

Contract Manager

Business Development Manager

Corporate Lawyer

Compliance Officer

Risk Manager

Project Manager

Commercial Director

Chief Legal Officer

Operations Manager

Transaction Manager

Business Operations Director

Chief Financial Officer

Procurement Manager

Corporate 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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Assignment Agreement (Real Estate)

A Canadian legal agreement that transfers real estate purchase rights from an original buyer to a new buyer, typically used in pre-construction property sales.

find out more

Assignment Of Purchaser's Interest In Land Contract

A Canadian legal document that transfers a purchaser's rights and obligations under an existing land purchase contract to a new buyer, complying with provincial property laws and regulations.

find out more

Addendum Assignment Contract

A Canadian law-governed document that facilitates the formal transfer of contractual rights and obligations from one party to another, ensuring compliance with relevant provincial and federal requirements.

find out more

Assignment Of Judgment Agreement

A Canadian legal agreement that transfers rights and interests in a court judgment from one party to another, governed by federal and provincial laws.

find out more

Assignment Of Construction Contract To Lender

Canadian agreement assigning construction contract rights from project owner to lender as security for financing, ensuring project continuity and stakeholder protection.

find out more

Assignment Of Agreement Addendum

A Canadian law-governed addendum that formally transfers contractual rights and obligations from one party to another, maintaining legal compliance and documenting all parties' consent.

find out more

Assignment Fee Contract

A Canadian law-governed contract establishing terms for the transfer of rights or obligations between parties for a specified fee.

find out more

Release Of Assignment Of Leases And Rents

A Canadian legal document that terminates a previously registered Assignment of Leases and Rents, typically used when a loan is repaid or refinanced.

find out more

Transfer Of IP Rights Agreement

A Canadian law-governed agreement facilitating the complete transfer of intellectual property rights between parties, ensuring compliance with federal and provincial IP regulations.

find out more

Security Assignment Agreement

A Canadian law-governed agreement creating security interests through the assignment of assets or rights, structured in compliance with federal and provincial security laws.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.