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Extension Addendum To Contract for Hong Kong

Extension Addendum To Contract Template for Hong Kong

A formal legal document governed by Hong Kong law that extends the duration and/or modifies specific terms of an existing contract while maintaining its core provisions. This addendum serves as a legally binding amendment that specifically addresses the extension period, any updated terms, and ensures continuity of the contractual relationship without the need to draft an entirely new agreement. It incorporates Hong Kong's common law principles and relevant statutory requirements, providing a clear framework for the extended contractual obligations while maintaining legal certainty and enforceability.

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What is a Extension Addendum To Contract?

The Extension Addendum To Contract is a crucial legal instrument used when parties wish to extend their contractual relationship beyond the original term without creating an entirely new agreement. This document type is particularly relevant in Hong Kong's dynamic business environment, where ongoing business relationships often require flexibility and adaptation. The addendum specifically outlines the extended duration, any modified terms, and confirms the continuation of other original contract provisions. It's commonly used in situations where the original contract is performing satisfactorily but requires an extended timeline, or where minor modifications are needed alongside the extension. The document must comply with Hong Kong contract law principles and relevant ordinances, ensuring proper execution and enforceability within the jurisdiction. This type of addendum streamlines the contract renewal process while maintaining legal certainty and business continuity.

What sections should be included in a Extension Addendum To Contract?

1. Parties: Identification of all parties to the original contract and confirmation that they remain the same for the extension

2. Background: Reference to the original contract including its date, parties, and subject matter, and brief context for the extension

3. Definitions: Key terms used in the addendum, including reference to definitions from the original contract that remain applicable

4. Extension Terms: Specific details of the extension including new duration, effective date, and any modified terms

5. Confirmation of Other Terms: Statement confirming all other terms and conditions of the original contract remain in full force and effect

6. Governing Law: Confirmation that Hong Kong law continues to govern the agreement

7. Execution: Signature blocks for all parties and execution details

What sections are optional to include in a Extension Addendum To Contract?

1. Modified Payment Terms: Include when the extension involves changes to payment amounts, schedules, or methods

2. Additional Services/Scope: Include when the extension includes modifications to the scope of services or deliverables

3. Performance Review: Include when the extension is conditional upon past performance or includes new performance metrics

4. Regulatory Compliance: Include when the extension needs to address new regulatory requirements or compliance matters

5. Force Majeure Update: Include when updating force majeure provisions in light of new circumstances or risks

What schedules should be included in a Extension Addendum To Contract?

1. Schedule 1 - Updated Timeline: Detailed timeline showing the extended period and any modified milestones or deadlines

2. Schedule 2 - Modified Pricing: Updated pricing structure or payment schedule if applicable to the extension

3. Appendix A - Original Agreement: Copy of the original contract being extended for easy reference

4. Appendix B - Supporting Documents: Any relevant certificates, permits, or other documents supporting the extension

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Hong Kong

Publisher

Ƶ

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions




















Clauses




















Relevant Industries

Financial Services

Technology

Real Estate

Manufacturing

Professional Services

Retail and Consumer

Healthcare

Education

Construction

Telecommunications

Logistics and Supply Chain

Energy and Utilities

Relevant Teams

Legal

Procurement

Commercial

Operations

Compliance

Risk Management

Finance

Business Development

Project Management

Account Management

Relevant Roles

Legal Counsel

Contract Manager

Procurement Manager

Business Development Manager

Project Manager

Operations Director

Commercial Manager

Compliance Officer

Risk Manager

Chief Legal Officer

Chief Financial Officer

Company Secretary

Account Manager

Relationship Manager

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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