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Agreement To Amend Extend Contract
"I need an Agreement to Amend Extend Contract for our IT services agreement with TechServe Pty Ltd, extending the term by 24 months to March 2025 and updating the service levels in Schedule 3 to include cloud hosting services."
1. Parties: Identifies and defines all parties to the amendment agreement, ensuring they match the original contract parties
2. Background: References the original contract, its date, and briefly explains the reason for amendment/extension
3. Definitions: Defines key terms used in the amendment agreement and incorporates definitions from the original contract as necessary
4. Interpretation: Establishes how the amendment agreement should be read in conjunction with the original contract
5. Amendment/Extension: Clearly specifies all changes to the original contract and/or the extension of the term
6. Confirmation: Confirms that all other terms of the original contract remain in full force and effect
7. Effective Date: Specifies when the amendments/extension take effect
8. Execution: Formal execution block for all parties to sign
1. Conditions Precedent: Include when amendments are subject to certain conditions being met before taking effect
2. Regulatory Compliance: Include when amendments require regulatory approval or notification
3. Fee Adjustments: Include when the amendment involves changes to pricing or payment terms
4. Additional Warranties: Include when parties need to make new warranties specific to the amendments
5. Transition Provisions: Include when amendments require a transition period or specific implementation steps
6. Third Party Consents: Include when amendments require approval from third parties like guarantors or security holders
1. Schedule 1 - Amended Terms: Detailed listing of specific terms being amended, showing both original and new versions
2. Schedule 2 - Marked-up Original Agreement: Copy of original agreement with all changes marked up in track changes
3. Schedule 3 - Timeline: If applicable, timeline for implementing changes or transition arrangements
4. Appendix A - Supporting Documents: Any necessary supporting documents referenced in the amendments
5. Appendix B - Regulatory Approvals: Copies of any required regulatory approvals or third-party consents
Authors
Amendment Fee
Amended Terms
Commencement Date
Continuing Provisions
Effective Date
Extended Term
Implementation Date
New Expiry Date
Original Agreement
Original Expiry Date
Original Parties
Remaining Terms
Transition Period
Variation
Updated Schedule
Surviving Provisions
Amendment Documents
Business Day
Consent
Extension Period
Regulatory Approval
Required Notices
Specified Amendments
Amendments
Extension
Consideration
Conditions Precedent
Effective Date
Confirmation of Original Terms
Further Assurance
Representations and Warranties
Costs and Expenses
Governing Law
Notices
Execution
Transition
Regulatory Compliance
Third Party Rights
Severability
Entire Agreement
Counterparts
Electronic Execution
Implementation
Variation
Authority
Consent
Real Estate
Construction
Financial Services
Technology
Manufacturing
Professional Services
Retail
Healthcare
Mining
Agriculture
Education
Telecommunications
Transport and Logistics
Energy and Utilities
Legal
Procurement
Commercial
Finance
Operations
Risk and Compliance
Business Development
Corporate Services
Executive Leadership
Administration
Legal Counsel
Contract Manager
Commercial Manager
Procurement Manager
Business Development Manager
Chief Financial Officer
Chief Executive Officer
Operations Manager
Project Manager
Risk Manager
Compliance Officer
General Manager
Company Secretary
Finance Director
Commercial Director
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