District of Columbia Sample Purchase Agreement with addendum and exhibits between PRAC, Ltd., and PAC Rim Holding Corp.
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How to fill out Sample Purchase Agreement With Addendum And Exhibits Between PRAC, Ltd., And PAC Rim Holding Corp.?
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FAQ
How to write an addendum to a contract Consider and mirror the language of the original contract. Choose an addendum title. Make clear the parties involved. Clarify the part of the original contract the addendum refers to. Ensure compliance with the original contract and all other relevant regulations.
Addenda are modifications that are added to an existing agreement to add or change a few of its terms or conditions. It does not replace the original contract. It merely adds information that the parties have agreed to after the contract terms have been set.
The addendum should detail all the terms different from the original purchase agreement: changes, alterations, deletions, and additions the document is making to the original contract. Furthermore, the addendum should reference the specific section or provision number in the contract affected by the change.
The addendum is essentially a document that outlines any changes or modifications to the original purchase agreement. It is important for both parties to review and agree to any changes so that they are both protected in the event of a dispute.
For example, ?This Addendum amends the Agreement dated [DATE] between [PARTY 1 NAME] and [PARTY 2 NAME].? Clear and specific language outlining the changes, clarifications or additions being made. This should leave no ambiguity regarding how the original contract is being modified.