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An addendum is an addition to a finished document, such as a contract. The most common addendum is an attachment or exhibit at the end of such a document. For example, a contract to manufacture widgets may have an addendum listing the specifications for said widgets.
Write "addendum" and state the reason for the addendum referring back to the original entry. Correction: Written to avoid incorrect information that had been previously documented. Document the correct information on the next line or space with the current date and time, making reference back to the original entry.
Make sure the title of the new document makes clear that it is an addendum with reference to the original contract's name and date. Include the date the addendum is being added. Name all parties that the addendum is in reference to and the date when the new changes will take effect.
Addendums are attachments to original contracts that alter the original terms and conditions of the contract. Addendums can be used to alter standard contracts, make adjustments if situations have changed since the original contract was signed, or if the original signers come to a different arrangement.
Examples of addendum She wrote one more "addendum," as she called it, with more nasty comments and agreed that she was finished with the exchange. That seemingly inconsequential addendum has reaped millions of dollars in tax breaks for companies that downsized.