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A supplemental agreement is a bilateral change order to a contract where the parties agree that specified additional work will be accomplished in return for a specified consideration, normally additional money and/or time.
You can modify a contract at any time as long as all parties involved in the agreement consent to the changes. Minor modifications may be handwritten on the original document and then signed by all parties. Major changes, however, need to involve a contract renegotiation, reprinting, and resigning.
A supplemental agreement is a bilateral change order to a contract where the parties agree that specified additional work will be accomplished in return for a specified consideration, normally additional money and/or time.
As nouns the difference between addendum and supplemental is that addendum is something to be added; especially text added as an appendix or supplement to a document while supplemental is something that supplements or adds to.
Supplements and addenda. This is done by way of a supplement or supplement agreement. Although supplements will often also amend existing arrangements between the parties, their main purpose is to add something to an existing arrangement. From a legal point of view, you may equally call a supplement an addendum.
Supplementary Agreement means an agreement between the Employer and the Contractor for executing work, supplemental to the original Contract, which was not contemplated in the original Contract and is also not required for the proper completion of the original Contract.
Complementary Agreement means a detailed agreement, if any, entered into towards the end of Stage 2 Research, including all the terms of the Commercialisation Licence, unless the Parties agree to amend the same, and otherwise taking account of the terms of any Joint Venture Agreement.
Related Definitions Supplemental contract means any agreement entered into for the distribution of policy or contract proceeds.