Variation Agreement Generator for Singapore

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Key Requirements PROMPT example:

Variation Agreement

"I need a Variation Agreement to modify our existing software licensing agreement with TechCorp Systems, specifically to extend the term by 3 years and add two new software modules, with the changes to take effect from March 1, 2025."

Document background

A Variation Agreement is essential when parties need to modify an existing contract without completely replacing it. Under Singapore law, this document formally records agreed changes to contractual terms, ensuring legal certainty and compliance with local contract law requirements. The agreement typically specifies which terms are being varied, any new terms being introduced, and confirms which original terms remain unchanged. It's particularly useful for business relationships where circumstances have changed but the core agreement remains viable.

Suggested Sections

1. Parties: Identification of all parties to the variation agreement

2. Background: Details of the original agreement and reason for variation

3. Definitions: Key terms used in the variation agreement

4. Variation Details: Specific changes being made to the original agreement

5. Effective Date: When the variations take effect

6. Original Agreement: Confirmation that all other terms remain unchanged

7. Governing Law: Confirmation of applicable law (Singapore)

Optional Sections

1. Consideration: Details of any consideration paid for the variation - include when consideration is being provided for the variation

2. Third Party Rights: Impact on third party rights - include when variation affects rights of third parties

3. Conditions Precedent: Conditions that must be met before variation takes effect - include when variation is subject to certain conditions

Suggested Schedules

1. Schedule of Variations: Detailed list of specific changes to original agreement

2. Amended Clauses: Full text of amended clauses in their new form

3. Consent Documents: Any required third-party consents or approvals

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

alex.den.21@genieai.co

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Contract Manager
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Let's create your Variation Agreement

Authors

Alex Denne

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