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First Amendment To Agreement

First Amendment To Agreement Template for Germany

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Key Requirements PROMPT example:

First Amendment To Agreement

"I need a First Amendment To Agreement to modify our existing software license agreement with TechCorp GmbH, extending the term by 3 years until March 1, 2025, and updating the annual license fees to include a 5% increase."

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Document background
The First Amendment To Agreement is a crucial legal document used when parties need to modify an existing contract under German law without creating an entirely new agreement. It is commonly employed when business circumstances change, requiring adjustments to specific terms while maintaining the overall structure of the original contract. This document type must comply with the German Civil Code (BGB) requirements for contract modifications, particularly sections 311 and 145-157 regarding contract formation and amendments. It's essential for business continuity and relationship management, as it allows parties to adapt their agreements to changing circumstances while maintaining legal certainty. The amendment typically includes clear references to the original agreement, specific modifications, and confirmations about the continuing validity of unchanged terms.
Suggested Sections

1. Parties: Identification of all parties to the amendment, which must match the parties in the original agreement

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

3. Definitions: Key terms used in the amendment, including reference to definitions in the original agreement that remain applicable

4. Amendment Effective Date: Specifies when the amendments take effect

5. Amendments: Detailed description of specific modifications to the original agreement, clearly referencing the sections being modified

6. Confirmation of Other Terms: Statement confirming that all other terms of the original agreement remain in full force and effect

7. Entire Agreement: Confirmation that the original agreement and this amendment constitute the entire agreement between the parties

8. Counterparts: Provision allowing execution in multiple counterparts

9. Governing Law: Confirmation that German law continues to govern the agreement as amended

10. Execution: Signature blocks for all parties

Optional Sections

1. Recitals: Additional background information when complex circumstances led to the amendment

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

3. Representations and Warranties: New or updated representations if material circumstances have changed

4. Costs: Allocation of costs related to preparing and executing the amendment, if relevant

5. Third Party Rights: Statement about rights of third parties in relation to the amendment, if applicable

6. Severability: Provision addressing the severability of amendment provisions, if not covered in original agreement

Suggested Schedules

1. Schedule of Amendments: Detailed listing of all specific changes to the original agreement, often in table format showing original vs. amended text

2. Amended and Restated Exhibits: Any exhibits from the original agreement that are being modified

3. Comparison Version: Blacklined or redlined version showing changes to affected sections

4. Required Consents: Copies of any third-party consents required for the amendment

5. Corporate Authorizations: Evidence of authority to execute the amendment, if required

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions




















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Relevant Industries

Manufacturing

Technology

Financial Services

Healthcare

Real Estate

Retail

Professional Services

Telecommunications

Energy

Construction

Automotive

Software and IT

Consumer Goods

Logistics

Pharmaceuticals

Relevant Teams

Legal

Procurement

Sales

Business Development

Commercial

Operations

Compliance

Finance

Contract Administration

Corporate Affairs

Relevant Roles

Legal Counsel

Contract Manager

Business Development Manager

Chief Legal Officer

Commercial Director

Procurement Manager

Sales Director

Account Executive

Corporate Lawyer

Compliance Officer

General Manager

Operations Director

Project Manager

Chief Executive Officer

Chief Financial Officer

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

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