Additional agreement: particulars of

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2018-03-22 04:24:07

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The Conclusion of a supplementary agreement aims at a termination or modification of the terms of the contract. Before you sign a supplementary agreement, you should carefully examine all the material terms and provisions of the contract. You need to remember that the document be:

- by mutual agreement,

- at the request of any party,

- in the case provided for by contract or law,

- in case of failure of one of the parties to perform the contract, if such a condition is valid the contract or the law.

This Supplementary agreement shall be drawn up in the form corresponding to the contract. If it's a written form, the agreement must also be in the same form. If this rule is not observed, the agreement is void.

At the beginning of the document you want to specify the time and place of its conclusion, it is required to write name, surname, patronymic and positions of the representatives of the parties. An additional agreement must contain the same number of sides as the agreement. It shall enter into force since the signing, so the date must be specified. It should also be determined, whereby the signer. It may or articles of Association or a notarized power of attorney. If signs physical person acting in its own interests, the base is not specified.

It is Necessary to determine what type of contract additional agreement is made: contract, procurement, lease or another type. In the text of the document need to specify which part of the main contract Supplement, change or dissolve, and also define all the points on which agreement should be reached.

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An Additional agreement must be certified by the signatures of the persons who have concluded the basic contract, bond seals, if they exist, by definition.

Supplementary agreement to the supply contract

So, for registration of the additional agreement, should take a few steps.

The first step is to assign a document number and put the date of his writing. It should be noted that the supplementary agreement is intended to change the supply agreement. It is necessary to refer to the document number and the date of entry into force. The agreement itself can be given a name, such as, “the supplementary agreement on increasing the volume of supply”.

In the next phase in the header of the document States the names of the parties to the contract and their legal and organizational form, the names of the signatories. Reference is made to the document that is the basis for the action. for Example, “in the person of Director, acting (acting) on the basis of the Charter,” or “in the face of the technical Director, performs the actions (acting) under power of attorney №897 from 03.10.2012 G.” etc.

The next step is to prescribe that the parties agreed to modify. If agreement is reached to change some of the places of the original contract, then you need to formulate how it will sound new version of the agreement to numbered paragraphs. For example, “the parties came to a mutual agreement to exclude p 5.9.6. contract consideration”, “to read n 3.5 of the agreement as follows” or “the amount of additional supply of goods is set at 100 thousand units”.

Then in the additional agreement need to specify that it is made in two copies-for each side one at a time, noting the date of entry into force.

At the last stage at the end of the document is to specify details of the parties to the agreement and contract. You must sign the document both counterparties and to put the corresponding printing. This additional agreement concluded believe.


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Alin Trodden - author of the article, editor
"Hi, I'm Alin Trodden. I write texts, read books, and look for impressions. And I'm not bad at telling you about it. I am always happy to participate in interesting projects."

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