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Sales Addendum
"I need a Sales Addendum to modify our existing agreement dated March 15, 2025, with TechServe Ltd to add three new software products and implement a 15% price increase for all existing products effective July 1, 2025."
1. Parties: Identification of all parties to the addendum, matching those in the original agreement
2. Background: Reference to the original agreement, including its date and parties, and the reason for this addendum
3. Definitions: Key terms used in the addendum, incorporating definitions from the original agreement and any new terms
4. Amendments to Original Agreement: Specific modifications to the original agreement, clearly referencing the sections being modified
5. Effect on Original Agreement: Confirmation that all other terms of the original agreement remain in full force and effect
6. Governing Law: Confirmation that the addendum is governed by Irish law, consistent with the original agreement
7. Execution: Signature blocks for all parties and date of execution
1. Additional Products or Services: Used when the addendum adds new products or services to the original agreement
2. Price Modifications: Include when the addendum changes pricing terms or payment schedules
3. Term Extension or Modification: Used when modifying the duration of the original agreement
4. Performance Metrics: Include when adding or modifying KPIs or service levels
5. Compliance Updates: Used when adding new compliance requirements or regulatory obligations
6. Integration Clause: Include when multiple addenda exist to clarify the hierarchy of documents
1. Schedule 1 - Amended Pricing: Detailed breakdown of any price changes or new pricing structures
2. Schedule 2 - Modified Products/Services: Specifications of new or modified products or services
3. Appendix A - Revised Timeline: Updated delivery or implementation schedules if applicable
Authors
Retail
Manufacturing
Technology
Professional Services
Consumer Goods
Industrial Products
Software and IT
Healthcare
Telecommunications
Financial Services
Construction
Energy
Automotive
Agriculture
Legal
Sales
Commercial
Finance
Procurement
Business Development
Compliance
Operations
Contract Administration
Risk Management
Sales Manager
Commercial Director
Legal Counsel
Contract Manager
Business Development Manager
Procurement Manager
Chief Commercial Officer
Account Executive
Sales Operations Manager
Chief Financial Officer
General Counsel
Compliance Officer
Managing Director
Operations Director
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