Document background
Side Agreements are commonly used in Swiss commercial practice when parties need to modify or supplement an existing contractual relationship without altering the entire main agreement. This document type is particularly valuable when parties wish to keep certain commercial terms confidential or separate from the main agreement, or when they need to address specific issues that have arisen during the course of the business relationship. The Side Agreement must comply with Swiss law, particularly the Swiss Code of Obligations, and should clearly reference its relationship to the main agreement. It's frequently used in complex commercial transactions, financial arrangements, and international business dealings where Switzerland's stable legal framework provides security for the parties involved.
