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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.
ofName Agreement is needed to: Recognize a legal change of the business name. Recognize a legal change of the ?Doing Business As? name, even if the legal business name remains unchanged.
How to create a contract amendment Pinpoint what you want to change or add. Look at your contract and write down the parts you need to change. ... Date and title the new amendment. Next, add the current date and the title and date of the original agreement to the document. ... Draft and describe the changes. ... Finalize the changes.
A contract amendment is exactly what it sounds like ? a change to an existing contract that both (or all) sides agree to. Amendments can be changes to anything in the original contract's terms, clauses, sections, or definitions.
A contract addendum is an additional document that is attached to the original contract. It is used to include supplementary information, such as additional terms, conditions or provisions. Unlike an amendment, an addendum does not modify the existing terms of the contract, but rather it expands upon them.