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While an amendment alters the core terms of the contract, an addendum provides supplementary information without changing the original content.
This Agreement may be amended or modified only by a written instrument signed by the Executive and by a duly authorized representative of the Company. Amendment. This Agreement may not be amended except by an instrument in writing signed on behalf of each of the parties hereto.
An amendment is often an addition or correction that leaves the original document substantially intact. Other times an amendment can strike the original text entirely and substitute it with new language. The U.S. Constitution is one example of the use of amendments. It has been amended 27 times.
You can use a contract amendment letter to list the changes to the original document and have both parties sign. You can create a contract amendment created from a template or from a legal services provider. You can add amendment pages?digital or print?to the end of the original signed contract.
Like an addendum, a contract amendment is also an addition to a contract or agreement. An amendment, however, is generally not used to add terms and conditions, but rather to change existing terms and conditions.