Meaning Of Addendum In Tagalog
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FAQ
An addendum is used to clarify and add things that were not initially part of the original contract or agreement. Think of addendums as additions to the original agreement (for example, adding a deadline where none existed in the original version).
On the other hand, in the civil law systems, addendum means any modification of a contract (for example an extension of the terms, change in payment currency, new collaterals), not just inclusion of additional attachments or exhibits.
Tips for Writing an Effective Addendum Keep the writing transparent and straightforward. Restate the entire paragraph or section that is being altered or modified to make language clear. Seek clear communication between parties before documentation to avoid multiple addendums.
For example, a contract to manufacture widgets may have an addendum listing the specifications for said widgets. As this modifies the original document, it should be signed or executed with the same formalities, unless the original document states otherwise.
1. : a thing added : addition. 2. : a supplement to a book. often used in plural but singular in construction.
