The Addendum Letter To Contract is a crucial legal instrument in Philippine business practice used when parties need to modify an existing contract without drafting an entirely new agreement. It's particularly relevant when changes are relatively straightforward and don't warrant a complete contract overhaul. The document must comply with Philippine Civil Code provisions, especially Articles 1292 and 1306 regarding contract modifications. Typically used for updating payment terms, deadlines, scope of work, or other specific contract provisions, this document type ensures clear documentation of changes while maintaining the validity of unmodified original terms. It's essential for business continuity and legal compliance, especially in scenarios where quick but formal contract modifications are needed.
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Key Requirements PROMPT example:
Addendum Letter To Contract
"I need an Addendum Letter to Contract to modify our existing service agreement with ABC Technology Solutions Inc., extending the contract term by 24 months until March 15, 2025, and updating the monthly service fee from PHP 50,000 to PHP 65,000."
1. Letter Header: Complete business letterhead including date, reference number, and proper addressing to the other party
2. Original Contract Reference: Clear identification of the original contract including its title, date, and parties involved
3. Purpose Statement: Brief statement explaining the reason for the addendum
4. Modification Details: Specific changes being made to the original contract, clearly stating what is being added, removed, or modified
5. Effective Date: Statement of when the modifications will take effect
6. Confirmation of Other Terms: Statement confirming that all other terms and conditions of the original contract remain unchanged
7. Closing and Signatures: Formal closing, signature blocks for all parties, and notarization if required
1. Consideration Statement: Include when there is a change in payment terms or when required by Philippine law to establish valid consideration for the modification
2. Regulatory Compliance: Include when modifications need to address specific regulatory requirements or changes
3. Interpretation Clause: Include when the modifications might affect the interpretation of other contract terms
4. Ratification Statement: Include when certain modifications require formal ratification by board members or other authorities
1. Schedule of Amendments: Detailed list of specific changes when modifications are numerous or complex
2. Revised Payment Schedule: If the addendum involves changes to payment terms or amounts
3. Updated Technical Specifications: If the addendum modifies technical requirements or deliverables
4. Comparison Chart: Side-by-side comparison of original versus modified terms for clarity
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Find the exact document you need
Addendum Letter To Contract
A Philippine law-governed letter document that formally modifies or amends an existing contract while maintaining other original terms.
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