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Supplemental Agreement
"I need a Supplemental Agreement to modify our existing software license agreement with TechCorp Pty Ltd, extending the license term by 3 years until March 15, 2025, and adding two new software modules to the scope."
1. Parties: Identifies all parties to the supplemental agreement, which must match or be properly related to the original agreement's parties
2. Background: References the original agreement, states the reason for the supplement, and confirms parties' authority to modify the original agreement
3. Definitions: Defines key terms used in the supplemental agreement and incorporates definitions from the original agreement as applicable
4. Interpretation: Establishes how this supplement relates to and should be read with the original agreement
5. Amendments: Clearly sets out the specific modifications, additions, or deletions to the original agreement
6. Confirmation: Confirms that all other terms of the original agreement remain in full force and effect
7. Effective Date: Specifies when the supplemental changes take effect
8. Governing Law: Confirms the governing law (should match original agreement)
9. Execution: Formal execution block for all parties to sign
1. Conditions Precedent: Include when the supplemental changes are subject to certain conditions being met first
2. Representations and Warranties: Include when parties need to make new or additional representations regarding the changes
3. Costs: Include when there are specific cost implications or allocations related to the supplemental changes
4. Third Party Rights: Include when the supplements affect or create rights for third parties
5. Regulatory Compliance: Include when the changes require specific regulatory acknowledgments or compliance statements
6. Transition Provisions: Include when the changes require a transition period or specific implementation steps
1. Schedule of Amendments: Detailed table or list of specific changes to the original agreement, including original and new text
2. Updated Price List: If the supplement modifies pricing or payment terms
3. Revised Specifications: If the supplement modifies technical or service specifications
4. Transition Plan: If the changes require a structured implementation approach
5. Consent Documents: Any third-party consents or regulatory approvals required for the changes
6. Amended Execution Documents: Any supporting documents that need to be re-executed due to the changes
Authors
Effective Date
Amendment Date
Modified Terms
Original Parties
Supplemental Agreement
Existing Provisions
Revised Provisions
Implementation Date
Amended Agreement
Confirmation Date
Governing Law
Modified Clause
Previous Amendment
Surviving Provisions
Transition Period
Business Day
Execution Date
Authorised Representative
Variation Notice
Amendment Schedule
Modification Document
Supplementary Terms
Interpretation Rules
Compliance Requirements
Amendments
Effective Date
Modifications
Confirmations
Reference to Original Agreement
Consideration
Representations and Warranties
Conditions Precedent
Implementation
Transition
Governing Law
Execution
Notices
Severability
Entire Agreement
Further Assurance
Costs
Assignment
Counterparts
Electronic Execution
Third Party Rights
Dispute Resolution
Confidentiality
Financial Services
Technology
Manufacturing
Professional Services
Real Estate
Construction
Healthcare
Energy
Telecommunications
Retail
Mining and Resources
Legal
Compliance
Commercial
Finance
Procurement
Risk Management
Operations
Business Development
Corporate Services
Project Management
Legal Counsel
Contract Manager
Commercial Manager
Business Development Manager
Chief Financial Officer
Procurement Manager
Compliance Officer
Risk Manager
Project Manager
Operations Director
General Manager
Company Secretary
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