A Purchase Agreement Extension is essential when parties wish to continue their existing commercial relationship beyond the original term of their purchase agreement while potentially updating certain terms to reflect current market conditions or changed circumstances. This document type is commonly used in Indonesian business practice when both parties have found their relationship mutually beneficial and wish to maintain continuity while potentially adjusting terms such as pricing, delivery schedules, or scope of supply. The extension must comply with Indonesian law requirements, particularly the Civil Code (KUHPerdata) and Law No. 7 of 2014 on Trade. It is particularly relevant for ongoing supply relationships, capital equipment purchases with extended delivery schedules, or long-term procurement arrangements where maintaining the basic framework of the original agreement while updating specific terms is more efficient than drafting a new agreement.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of all parties to the agreement, including their legal names, registration numbers, and addresses
2. Background: Reference to the original purchase agreement, its date, and brief context for the extension
3. Definitions: Key terms used in the extension agreement, including references to definitions from the original agreement
4. Extension Term: Specific duration of the extension period and effective date
5. Continuing Effect: Confirmation that all other terms and conditions of the original agreement remain in full force and effect
6. Modified Terms: Clear identification of any terms from the original agreement that are being modified by this extension
7. Pricing and Payment Terms: Updated pricing structures, payment schedules, and any adjustments to original financial terms
8. Representations and Warranties: Confirmation that original representations remain true and any new representations specific to the extension
9. Governing Law: Confirmation of Indonesian law as governing law and jurisdiction
10. Execution: Signature blocks and execution requirements under Indonesian law
1. Performance Review: Assessment of performance under the original agreement, used when extension is conditional on past performance
2. Additional Services/Products: Description of any new products or services being added to the original scope
3. Force Majeure Update: Updated force majeure provisions, particularly relevant post-COVID or for specific current events
4. Compliance Updates: New compliance requirements or regulatory changes since the original agreement
5. Early Termination Rights: Additional termination provisions specific to the extension period
6. Currency Adjustments: Provisions for handling currency fluctuations, relevant for international purchases
7. Digital Authentication: Provisions for electronic signatures and digital documentation, if applicable
1. Schedule A - Updated Pricing Schedule: Detailed breakdown of current prices, including any escalation formulas
2. Schedule B - Delivery Schedule: Updated timeline for deliveries during the extension period
3. Schedule C - Performance Metrics: Key performance indicators and service levels for the extension period
4. Schedule D - Modified Terms List: Comprehensive list of all terms being modified from the original agreement
5. Appendix 1 - Original Agreement: Copy of the original purchase agreement being extended
6. Appendix 2 - Compliance Certificates: Updated certificates, licenses, and compliance documents
7. Appendix 3 - Corporate Authorizations: Fresh corporate authorizations for the extension, if required
Authors
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Retail
Technology
Construction
Energy
Mining
Agriculture
Consumer Goods
Industrial Equipment
Telecommunications
Automotive
Pharmaceuticals
Food and Beverage
Logistics
Relevant Teams
Legal
Procurement
Finance
Operations
Supply Chain
Compliance
Commercial
Contract Administration
Risk Management
Business Development
Relevant Roles
Procurement Manager
Legal Counsel
Contract Administrator
Supply Chain Manager
Commercial Director
Chief Financial Officer
Purchasing Director
Operations Manager
Compliance Officer
Business Development Manager
Finance Manager
General Manager
Country Manager
Vendor Relations Manager
Find the exact document you need
Selling A Car Letter Agreement
An Indonesian law-compliant document outlining terms and conditions for vehicle sale and purchase, including ownership transfer and payment terms.
find out more
Agreement For Sale Of Property
An Indonesian law-governed agreement documenting the legal transfer of property ownership between seller and purchaser, including all essential transaction terms and regulatory requirements.
find out more
Buyers Contract
An Indonesian law-governed Buyer's Contract establishing terms and conditions for purchase of goods or services, ensuring compliance with local regulations.
find out more
Exclusive Buyer Agreement
An Indonesian law-governed agreement establishing exclusive buying rights and obligations between two parties, defining territorial scope and purchase commitments.
find out more
Purchase Sale Agreement (Real Estate)
An Indonesian law-governed agreement for the sale and purchase of real estate property, ensuring legal transfer of ownership and compliance with local property regulations.
find out more
Discount Agreement
An Indonesian law-governed agreement establishing discount terms and conditions between business entities, including discount structures, qualifying criteria, and compliance requirements.
find out more
Investment Agreement Between Individual And Individual
An Indonesian law-governed agreement establishing investment terms between two private individuals, including investment amount, returns, rights, and obligations.
find out more
Letter Of Intent To Purchase Commercial (Real Estate)
A preliminary document outlining proposed terms for commercial property purchase in Indonesia, setting framework for negotiations under Indonesian law.
find out more
Binding Purchase Agreement
An Indonesian law-governed agreement that formalizes the terms and conditions of a purchase transaction between buyer and seller.
find out more
Equity Investment Contract
An Indonesian-law governed agreement documenting equity investment terms and conditions, including shareholding details and investor rights under Indonesian corporate and investment regulations.
find out more
Letter Of Intent To Purchase Goods
A preliminary document under Indonesian law expressing a buyer's intention to purchase specified goods, outlining key terms and conditions for the proposed transaction.
find out more
Heavy Equipment Purchase Agreement
An Indonesian law-governed agreement for the purchase of heavy equipment, detailing specifications, pricing, warranties, and compliance requirements.
find out more
Car Lease To Own Agreement
An Indonesian law-compliant agreement combining vehicle leasing with a pathway to ownership through structured payments.
find out more
Auto Purchase Agreement
An Indonesian law-governed agreement for the sale and purchase of motor vehicles, detailing terms, conditions, and ownership transfer requirements.
find out more
Business Sale Contract
An Indonesian law-governed agreement for the sale and purchase of a business, including terms for transfer of ownership, assets, and liabilities.
find out more
Public Offer Agreement
An Indonesian law-governed agreement setting out terms and conditions for public offers to consumers, compliant with local consumer protection and civil code requirements.
find out more
Buyback Agreement
An Indonesian law-governed agreement setting out terms for the repurchase of assets, shares, or securities from their current owner by the original seller.
find out more
Option To Buy Agreement
An Indonesian law-governed agreement granting exclusive rights to purchase specific property at preset terms within a defined period.
find out more
Online Shopping Agreement
An Indonesian-law governed agreement for e-commerce platforms and online retailers, establishing terms and conditions for online shopping transactions.
find out more
Lease Agreement With Option To Purchase
An Indonesian law-governed agreement combining property lease terms with an option for the tenant to purchase the property under specified conditions.
find out more
Home For Sale By Owner Contract
An Indonesian law-governed agreement for direct property sales between private owners and buyers, ensuring compliant property transfer and protecting both parties' interests.
find out more
Conditional Purchase Agreement
An Indonesian law-governed agreement establishing terms for a purchase transaction subject to specific conditions, compliant with Indonesian Civil Code requirements.
find out more
Auto Purchase Contract
An Indonesian law-compliant contract for the purchase and sale of motor vehicles, including terms, conditions, and ownership transfer requirements.
find out more
Agreement For Advance Payment For Purchase Of Goods
Indonesian law-compliant agreement template for managing advance payment arrangements in goods purchase transactions, incorporating key local commercial regulations and security provisions.
find out more
Purchase Agreement Extension
An Indonesian law-governed document extending an existing purchase agreement, updating terms and conditions while ensuring regulatory compliance.
find out more
Cross Purchase Agreement
An Indonesian law-governed agreement establishing terms for shareholders to purchase shares from other shareholders under specified conditions.
find out more
Contract For Selling A House By Owner
An Indonesian law-compliant agreement for direct property sale between owner and buyer, covering all essential aspects of house sale and transfer of ownership.
find out more
Purchasers Agreement
An Indonesian law-governed agreement establishing terms and conditions for purchase transactions, ensuring compliance with local regulations while protecting both buyer and seller interests.
find out more
Gold Purchase Agreement
An Indonesian law-governed agreement establishing terms and conditions for gold purchase and sale, including quality specifications, pricing, and regulatory compliance requirements.
find out more
Art Purchase Agreement
An Indonesian law-governed agreement for the purchase and sale of artwork, ensuring legal compliance while protecting both buyer's and seller's interests.
find out more
Token Purchase Agreement
An Indonesian law-governed agreement for the sale and purchase of digital tokens, ensuring regulatory compliance with Indonesian digital asset regulations.
find out more
Co Purchase Agreement
An Indonesian law-governed agreement establishing terms and conditions for multiple parties to jointly purchase and own an asset, defining rights, obligations, and management responsibilities.
find out more
Real Estate Option To Purchase Agreement
An Indonesian law-compliant agreement granting exclusive rights to purchase specified real estate property within a set timeframe and predetermined terms.
find out more
General Purchase Agreement
An Indonesian law-governed agreement setting out terms and conditions for commercial purchases, compliant with local regulations and the Civil Code.
find out more
Price Purchase Agreement
An Indonesian law-governed agreement setting out purchase price terms, payment mechanisms, and completion requirements for commercial transactions.
find out more
Goods Purchase Agreement
An Indonesian law-governed agreement for the purchase and sale of goods between commercial entities, incorporating local regulatory requirements and commercial terms.
find out more
Pre Purchase Agreement
An Indonesian law-governed agreement setting out terms and conditions for a future purchase transaction, including payment terms and delivery arrangements.
find out more
Product Purchase Agreement
An Indonesian law-governed agreement setting out terms for commercial product purchases, including specifications, pricing, delivery, and warranties.
find out more
Letter Of Intent To Purchase Shares
An Indonesian law-governed preliminary document outlining the proposed terms for share acquisition in an Indonesian company.
find out more
Building Purchase Agreement
An Indonesian law-compliant agreement for the purchase and transfer of building ownership, requiring execution before authorized officials and adherence to local property regulations.
find out more
As Is Sales Agreement
An Indonesian law-governed As Is Sales Agreement for asset sales in current condition without standard warranties.
find out more
Wholesale Purchase Agreement
An Indonesian law-governed agreement establishing terms for wholesale purchase and sale of goods between commercial parties.
find out more
Vendor Purchase Agreement
An Indonesian law-governed agreement establishing terms and conditions for purchasing goods or services from vendors, ensuring compliance with local regulations and commercial requirements.
find out more
Retail Purchase Agreement
An Indonesian law-governed agreement between retailer and customer for the sale and purchase of goods, incorporating local consumer protection requirements.
find out more
Direct Purchase Agreement
An Indonesian law-governed agreement for direct purchase of goods between buyer and seller, establishing terms for product delivery, quality, and payment.
find out more
As Is Purchase Agreement
Indonesian law-governed agreement for purchasing property or goods in their current condition, without warranties or representations.
find out more
Software Purchase Agreement
An Indonesian law-governed agreement for software purchase and licensing, detailing terms between vendor and purchaser including rights, obligations, and implementation requirements.
find out more
Motor Vehicle Purchase Agreement
A legally binding agreement for motor vehicle sales in Indonesia, ensuring compliance with local vehicle registration and consumer protection laws.
find out more
Material Purchase Agreement
An Indonesian law-governed agreement setting out terms and conditions for material purchases, including specifications, pricing, delivery, and quality requirements.
find out more
Buy Out Agreement
An Indonesian law-governed agreement documenting the terms and conditions for the purchase and sale of business interests, including shares or assets.
find out more
License Purchase Agreement
An Indonesian law-governed agreement for the purchase and use of a license, defining terms, conditions, and rights for both licensor and licensee.
find out more
Special Purchase Agreement
An Indonesian law-governed agreement for specialized procurement transactions, incorporating local regulatory requirements and detailed purchase terms.
find out more
Shares Purchase Agreement
An Indonesian law-governed agreement for the sale and purchase of shares in an Indonesian company, detailing transaction terms and regulatory compliance requirements.
find out more
Membership Interest Purchase Agreement
An Indonesian law-governed agreement for the sale and purchase of membership interests in a company, detailing transaction terms and regulatory compliance requirements.
find out more
Letter Of Intent To Buy Land
A preliminary document under Indonesian law expressing serious intent to purchase land, outlining basic terms and conditions for the proposed transaction.
find out more
Contract For Purchase Of Goods
An Indonesian law-governed agreement establishing terms and conditions for the purchase and sale of goods, ensuring compliance with local commercial regulations and protecting parties' interests.
find out more
Bulk Purchase Agreement
An Indonesian law-governed agreement establishing terms for large-volume purchases between buyer and seller, including quantity commitments, pricing, and delivery terms.
find out more
Debt Purchase Agreement
An Indonesian law-governed agreement for the purchase and transfer of debt between parties, complying with local financial regulations and civil code requirements.
find out more
Reverse Purchase Agreement
An Indonesian law-governed agreement establishing terms for reverse purchase arrangements between commercial parties, including buyback obligations and commercial terms.
find out more
Master Receivables Purchase Agreement
An Indonesian law-governed framework agreement for the ongoing purchase of receivables, establishing terms for multiple receivables purchases and compliance with local financial regulations.
find out more
Joint Purchase Agreement
An Indonesian law-governed agreement enabling multiple parties to combine their purchasing power for joint procurement of goods or services.
find out more
Credit Sales Agreement
An Indonesian law-governed agreement establishing terms for the sale of goods on credit, including payment schedules and security arrangements.
find out more
Installment Purchase Agreement
An Indonesian law-governed agreement for the purchase of goods through structured installment payments, detailing payment terms, security interests, and parties' rights and obligations.
find out more
Vehicle Sales Agreement
An Indonesian law-governed agreement documenting the sale and purchase of a vehicle, including terms, conditions, and ownership transfer requirements.
find out more
Exclusive Purchase Agreement
An Indonesian law-governed agreement establishing exclusive purchasing rights and obligations between a supplier and buyer, defining territory and product exclusivity terms.
find out more
Buy Sell Agreement
An Indonesian law-governed agreement detailing terms and conditions for the sale and purchase of goods or assets between parties, with mandatory bilingual format.
find out more
Advance Purchase Agreement
An Indonesian law-governed agreement for advance payment transactions, establishing payment terms, delivery obligations, and security requirements under local regulations.
find out more
Simple Purchase Agreement
A basic agreement for the purchase and sale of goods under Indonesian law, outlining essential terms of the transaction including price, payment, and delivery.
find out more
Sales Agreement
An Indonesian law-governed agreement establishing terms and conditions for the sale and purchase of goods between parties, compliant with local commercial regulations.
find out more
Purchase Order Contract
An Indonesian law-governed contract that formalizes the terms and conditions for the purchase and supply of goods or services between commercial parties.
find out more
Purchase Order Agreement
An Indonesian law-governed agreement establishing terms and conditions for purchase orders between buyer and seller, ensuring compliant procurement processes.
find out more
Purchase Contract
An Indonesian law-governed agreement detailing terms and conditions for the purchase of goods or assets, compliant with local commercial regulations.
find out more
Purchase Agreement Contract
An Indonesian law-governed agreement that establishes terms and conditions for the purchase of goods between two parties, ensuring compliance with local commercial regulations.
find out more
Property Purchase Agreement
An Indonesian law-governed agreement for the legal transfer of property ownership between seller and buyer, including all essential terms and conditions under local property laws.
find out more
Note Purchase Agreement
An Indonesian law-governed agreement for the issuance and purchase of debt instruments, detailing terms of note issuance and compliance with local financial regulations.
find out more
Home Purchase Agreement
An Indonesian law-compliant agreement for the purchase and sale of residential property, requiring notarization and land office registration.
find out more
Asset Purchase Term Sheet
An Indonesian law-governed preliminary agreement outlining key terms and conditions for a proposed asset purchase transaction.
find out more
Letter Of Intent To Purchase Business
An Indonesian law-governed preliminary agreement expressing intent to purchase a business, outlining key transaction terms and conditions.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)