Agreement As Amended Template for Australia

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Key Requirements PROMPT example:

Agreement As Amended

"I need an Agreement As Amended under Australian law to modify our existing supply agreement with ABC Manufacturing Pty Ltd, updating pricing terms and delivery schedules effective March 1, 2025, while keeping all other terms unchanged."

Document background
The Agreement As Amended is a crucial legal instrument in Australian business practice, used when parties need to modify an existing agreement without creating an entirely new contract. This document type is particularly relevant when substantial changes are required to an existing agreement, but the fundamental business relationship remains unchanged. It's commonly used in response to changing business circumstances, regulatory requirements, or mutual agreement to alter specific terms. The document must comply with Australian contract law principles, including the Electronic Transactions Act 1999 (Cth) for electronic execution where applicable, and relevant state/territory legislation. It typically includes detailed schedules showing both original and amended terms, ensuring transparency and legal certainty in the modification process.
Suggested Sections

1. Parties: Identifies all parties to the amended agreement, including their legal names, addresses, and ACN/ABN where applicable

2. Background: Recitals explaining the context of the original agreement and the need for amendments

3. Definitions: Defines key terms used in the document, including references to the original agreement and amendment-specific terms

4. Interpretation: Rules for interpreting the document, including relationship with original agreement

5. Amendment Provisions: Specific clauses being amended, showing both original and new versions

6. Effective Date: When the amendments take effect and any transitional arrangements

7. Confirmation of Unamended Terms: Confirms which original agreement terms remain unchanged and in full force

8. Entire Agreement: Confirms this document and original agreement constitute entire agreement

9. Execution: Formal execution block for all parties to sign

Optional Sections

1. Conditions Precedent: Include when amendments are subject to certain conditions being met first

2. Regulatory Compliance: Include when amendments are driven by regulatory changes or require regulatory approval

3. Third Party Consents: Include when amendments require approval from parties not directly involved

4. Transitional Arrangements: Include when amendments require a phased implementation or transitional period

5. Further Assurance: Include when parties need to take additional actions to give effect to amendments

Suggested Schedules

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

2. Schedule 2 - Amendments Table: Detailed table showing original clauses and their amended versions

3. Schedule 3 - Consolidated Terms: Clean version of agreement incorporating all amendments

4. Schedule 4 - Required Consents: List of third party or regulatory consents required

5. Appendix A - Amendment Markup: Marked-up version showing all changes in track changes format

Authors

Alex Denne

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

Relevant Industries

Financial Services

Real Estate

Manufacturing

Technology

Healthcare

Mining and Resources

Retail

Construction

Professional Services

Agriculture

Transportation and Logistics

Education

Telecommunications

Relevant Teams

Legal

Compliance

Commercial

Finance

Operations

Risk Management

Corporate Governance

Business Development

Procurement

Executive Leadership

Administrative Support

Project Management

Relevant Roles

Legal Counsel

Contract Manager

Commercial Manager

Chief Legal Officer

Business Development Manager

Compliance Officer

Risk Manager

Chief Executive Officer

Chief Financial Officer

Operations Manager

Project Manager

Company Secretary

Procurement Manager

General Manager

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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