Document background
The Addendum To Purchase Contract is a crucial legal instrument used in Malaysian business transactions when parties need to modify an existing purchase agreement without creating an entirely new contract. This document type is particularly relevant when circumstances require adjustments to original terms such as price changes, delivery modifications, specification updates, or other material alterations to the initial agreement. It maintains compliance with Malaysian legislation, including the Contracts Act 1950 and Sale of Goods Act 1957, while providing a clear audit trail of contract modifications. The addendum ensures business continuity by allowing flexible adaptation to changing circumstances while preserving the fundamental relationship established in the original contract. It's commonly used across various industries and requires careful consideration of both the original contract terms and the proposed modifications to ensure legal enforceability and practical effectiveness.
