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Addendum To Change Name On Contract

Addendum To Change Name On Contract Template for Canada

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Key Requirements PROMPT example:

Addendum To Change Name On Contract

"I need an Addendum To Change Name On Contract to update our company name from TechPro Solutions Inc. to Innovate Digital Corp. across all our existing service agreements, effective March 1, 2025, compliant with Ontario law."

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Document background
The Addendum To Change Name On Contract is a essential legal instrument used when a party to an existing contract undergoes a name change, whether due to corporate rebranding, merger, marriage, legal name change, or other circumstances. This document is particularly relevant in Canadian business and legal contexts, where it must comply with both federal and provincial contract laws. The addendum serves multiple purposes: it officially records the name change, ensures continuity of contractual obligations, prevents potential disputes about party identity, and maintains the enforceability of the original agreement. It typically includes references to the original contract, specific details of the name change, confirmation that all other terms remain unchanged, and requirements for execution. The document is crucial for maintaining clear business records and legal compliance, especially in regulated industries or when dealing with government entities.
Suggested Sections

1. Parties: Identification of all parties to the original contract, including both the party changing their name and other parties

2. Background: Reference to the original contract details (date, parties, subject matter) and reason for the name change

3. Definitions: Key terms used in the addendum, including references to the Original Contract, Old Name, and New Name

4. Name Change Details: Specific details of the name change, including the exact old and new names, and effective date of the change

5. Confirmation of Change: Statement confirming the name change and that the party under the new name assumes all rights and obligations under the contract

6. No Other Modifications: Confirmation that all other terms and conditions of the original contract remain unchanged

7. Governing Law: Confirmation that the addendum is governed by the same laws as the original contract

8. Execution: Signature blocks for all parties to acknowledge and agree to the name change

Optional Sections

1. Third Party Notifications: Required when specific third parties must be notified of the name change (e.g., insurers, guarantors)

2. Multiple Contract Amendment: Used when the name change affects multiple contracts between the parties

3. Regulatory Compliance: Required when the name change involves regulated entities or requires regulatory approval

4. Legal Authority: Required when the signing party needs to demonstrate their authority to execute the name change

5. Costs and Expenses: Used when there are specific agreements about who bears the costs of implementing the name change

Suggested Schedules

1. Schedule A - Evidence of Name Change: Copies of official documentation proving the name change (e.g., certificate of amendment, legal name change document)

2. Schedule B - Affected Contracts: List of all contracts affected by the name change when multiple agreements are involved

3. Schedule C - Required Notifications: List of third parties requiring notification of the name change and confirmation of notification

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Legal Services

Financial Services

Healthcare

Real Estate

Construction

Manufacturing

Technology

Professional Services

Retail

Education

Non-Profit Organizations

Government Services

Insurance

Telecommunications

Relevant Teams

Legal

Compliance

Contract Administration

Risk Management

Operations

Human Resources

Finance

Procurement

Business Development

Corporate Governance

Administrative Services

Relevant Roles

Legal Counsel

Contract Manager

Business Administrator

Corporate Secretary

Compliance Officer

Risk Manager

Operations Manager

Project Manager

Human Resources Director

Procurement Manager

Chief Legal Officer

Business Development Manager

Account Manager

Finance Director

Industries
Electronic Commerce Act: Federal legislation governing electronic contracts and signatures, ensuring legal validity of electronic contract modifications
Business Names Act: Provincial legislation governing business name registration and changes, relevant if either party is a business entity changing their name
Consumer Protection Act: Provincial legislation protecting consumer rights in contract modifications, applicable if one party is a consumer
Change of Name Act: Provincial legislation governing legal name changes for individuals, relevant for verifying the validity of name changes
Statute of Frauds: Common law requirement that certain contract modifications must be in writing to be enforceable
Personal Information Protection and Electronic Documents Act (PIPEDA): Federal privacy legislation relevant when handling personal information during contract modifications
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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