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Sales Addendum
"I need a Sales Addendum to modify our existing agreement with TechCorp BV, effective March 1, 2025, to implement a 15% price increase and expand the territory to include Belgium and Luxembourg."
1. Parties: Identification of the contracting parties as listed in the original agreement
2. Background: Reference to the original agreement including its date and purpose, and the reason for this addendum
3. Definitions: Any new terms being introduced by the addendum or reference to definitions in the original agreement
4. Scope of Modification: Clear statement of which provisions of the original agreement are being modified
5. Amendment Details: Specific changes, additions, or deletions to the original agreement
6. Effect on Original Agreement: Statement that all other terms of the original agreement remain in full force and effect
7. Effective Date: When the modifications take effect
8. Governing Law: Confirmation of Dutch law governance (usually referencing the original agreement's governing law clause)
9. Execution: Signature blocks for all parties
1. Additional Representations and Warranties: Include when new commitments or guarantees are being made as part of the modification
2. Consideration: Include when there is a new or modified payment or value exchange
3. Term and Termination Modifications: Include when changing the duration or termination provisions of the original agreement
4. Compliance with Laws: Include when modifications involve new regulatory requirements or compliance obligations
5. Integration Clause: Include when multiple addenda exist to clarify the hierarchy of documents
1. Schedule A - Revised Pricing: Detailed breakdown of any price changes or new pricing structures
2. Schedule B - Modified Specifications: Technical specifications or product details that are being updated
3. Schedule C - Implementation Timeline: Timeline for implementing the changes specified in the addendum
4. Appendix 1 - Revised Service Levels: Updated service level agreements or performance metrics
5. Appendix 2 - Documentation: Copies of relevant certificates, permits, or other supporting documents related to the modifications
Authors
Effective Date
Amendment Date
Modified Terms
Revised Pricing
Additional Products
Modified Specifications
New Delivery Terms
Updated Payment Terms
Transition Period
Implementation Date
Original Parties
Additional Services
Modified Territory
Amended Schedule
Revised Warranty Terms
New Service Levels
Modified Duration
Supplementary Terms
Integration Period
Amendment Scope
Price Modification
Payment Terms
Delivery Terms
Product Specifications
Quantity Adjustments
Service Levels
Performance Standards
Quality Requirements
Warranty Modifications
Implementation Timeline
Term Extension
Territory Modification
Additional Services
Modified Obligations
Integration
Continuing Effect
Governing Law
Execution
Manufacturing
Retail
Technology
Consumer Goods
Industrial Equipment
Automotive
Electronics
Software
Pharmaceuticals
Food and Beverage
Construction
Energy
Telecommunications
Legal
Sales
Procurement
Commercial
Finance
Operations
Compliance
Business Development
Contract Administration
Commercial Director
Sales Manager
Procurement Manager
Legal Counsel
Contract Manager
Business Development Manager
Account Executive
Operations Director
Chief Commercial Officer
Purchasing Director
Sales Operations Manager
Compliance Officer
General Counsel
Chief Financial Officer
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