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Addendum To Consulting Agreement
"I need an Addendum to Consulting Agreement to extend our current IT consulting arrangement with TechPro Solutions for an additional 18 months until June 2025, and increase the monthly retainer from ₦500,000 to ₦750,000 to account for expanded scope of cybersecurity services."
1. Parties: Full legal names and addresses of all parties to the original consulting agreement
2. Background: Reference to the original consulting agreement including its date and any previous amendments, and brief explanation of why this addendum is needed
3. Definitions: Any new terms being introduced in the addendum or modified definitions from the original agreement
4. Amendments: Specific modifications to the original agreement, clearly referencing the sections being modified
5. Effect on Original Agreement: Statement confirming that all other terms and conditions of the original agreement remain in full force and effect
6. Governing Law: Confirmation that the addendum is governed by Nigerian law, consistent with the original agreement
7. Execution: Signature blocks for all parties and date of execution
1. Additional Services: Used when the addendum adds new consulting services to the original scope
2. Fee Modifications: Include when changing the fee structure or payment terms
3. Term Extension: Used when modifying the duration of the consulting agreement
4. Personnel Changes: Include when specifying changes to key personnel or team members
5. Compliance Updates: Used when adding new compliance requirements or regulatory obligations
6. Confidentiality Amendments: Include when modifying or adding confidentiality obligations
7. Intellectual Property Modifications: Used when changing IP ownership or usage rights
1. Schedule A - Modified Services: Detailed description of any changes to the scope of services
2. Schedule B - Revised Fee Structure: Updated fee schedules or payment terms if applicable
3. Schedule C - New Deliverables: List and description of any new deliverables being added
4. Appendix 1 - Updated Timeline: Modified project timeline or milestone dates if applicable
5. Appendix 2 - New Key Personnel: Details of any new key personnel and their responsibilities
Authors
Addendum
Effective Date
Modified Services
Additional Services
Revised Fee Schedule
New Deliverables
Updated Timeline
Key Personnel
Modified Term
Additional Territory
New Intellectual Property
Revised Payment Terms
Amendment Date
Parties
Additional Confidential Information
Modified Scope of Work
New Project Milestones
Revised Reporting Requirements
Additional Compliance Requirements
Updated Service Levels
Modified Performance Metrics
New Project Phase
Supplementary Materials
Amendment
Integration
Scope Modification
Fee Adjustment
Term Extension
Service Level Changes
Personnel Changes
Deliverables Modification
Payment Terms
Intellectual Property
Confidentiality
Performance Metrics
Reporting Requirements
Compliance
Governing Law
Dispute Resolution
Force Majeure
Notices
Entire Agreement
Counterparts
Authority
Ratification
Technology
Oil and Gas
Financial Services
Manufacturing
Telecommunications
Professional Services
Healthcare
Education
Infrastructure
Energy
Agriculture
Mining
Real Estate
Construction
Legal
Procurement
Finance
Operations
Human Resources
Compliance
Risk Management
Commercial
Business Development
Project Management
Executive Leadership
Legal Counsel
Contract Manager
Procurement Manager
Project Manager
Business Development Manager
Chief Financial Officer
Operations Director
HR Director
Compliance Officer
Risk Manager
Managing Director
Commercial Director
Consultant
Senior Consultant
Principal Consultant
Chief Executive Officer
General Counsel
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