Document background
The Contract Extension Addendum is a crucial document used when parties wish to extend their contractual relationship beyond the original termination date. This document type is particularly relevant in Danish business contexts where existing agreements need to be prolonged without creating entirely new contracts. It's commonly used when both parties are satisfied with their current arrangement but need to adjust the timeline, potentially with minor modifications to other terms. The addendum must comply with Danish contract law, including the Danish Contracts Act (Aftaleloven), and should clearly reference the original agreement while specifying any changes. This document is essential for maintaining business continuity and legal compliance while avoiding the complexity and cost of drafting entirely new agreements.
