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1. Parties: Identification of all parties to the original agreement and addendum, including their legal names, addresses, and registration details
2. Background: Reference to the original agreement, its date, and brief context for why the addendum is necessary
3. Definitions: Key terms used in the addendum, including references to definitions in the original agreement and any new terms introduced
4. Purpose of Addendum: Clear statement of the specific purpose and scope of the modifications being made
5. Amendments to Original Agreement: Detailed description of each modification, referencing specific sections, clauses, or terms being changed
6. Effect on Original Agreement: Statement confirming that all other terms of the original agreement remain in full force and effect
7. Governing Law: Confirmation that the addendum is governed by Philippine law, consistent with the original agreement
8. Execution: Signature blocks for all parties and witnesses as required under Philippine law
1. Change in Project Timeline: Include when modifications affect project deadlines or milestones
2. Price Adjustments: Include when changes impact pricing, payment terms, or financial arrangements
3. Scope Modifications: Include when there are changes to deliverables or project scope
4. Additional Resources: Include when changes require additional personnel, equipment, or resources
5. Risk Allocation: Include when changes affect the distribution of risks between parties
6. Force Majeure Updates: Include when adding or modifying force majeure provisions due to new circumstances
7. Intellectual Property Rights: Include when changes affect IP ownership or usage rights
1. Schedule A - Modified Project Timeline: Detailed revised project schedule with milestones and deadlines
2. Schedule B - Revised Pricing Structure: Updated pricing details, payment schedules, and financial terms
3. Schedule C - Modified Scope of Work: Detailed description of changes to project scope and deliverables
4. Schedule D - Additional Resources: List of new resources, personnel, or equipment to be provided
5. Appendix 1 - Original Agreement: Copy of the original agreement for reference
6. Appendix 2 - Supporting Documents: Any relevant supporting documentation such as technical specifications or drawings
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