Document background
The Addendum To Memorandum Of Agreement is a crucial document in UAE business and legal practice, used when parties need to modify their existing contractual arrangements without creating an entirely new agreement. It is particularly relevant in the UAE's dynamic business environment where commercial relationships often evolve and require adjustment. This document type must adhere to the UAE Civil Code (Federal Law No. 5 of 1985) and related commercial regulations, making it essential for transactions within both mainland UAE and free zones. The addendum typically includes specific references to the original agreement, clearly stated modifications, and maintains all unmodified terms of the original agreement in force. It's commonly used for updating payment terms, extending deadlines, adding new scope of work, or modifying existing obligations while preserving the fundamental structure of the original memorandum of agreement.
