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Extension of agreement basically a summary document which gives further validity to contract set in move by an original agreement on the other hand it’simply used when you want to continue an existing agreement that is about end.
When you require extension of agreement
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When your original contract came in end. Parties agree with continue the agreement
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when you continue the agreement, you should be terms and condition subtracted or added.
Content of extension of agreement
PRE FACE
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Date-date is most important fact about extension of agreement so date is clearly mention in the document
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Parties-who are engage in the agreement, should be described including name, incorpration details, and register office address.
THE ORIGINAL CONTRACT
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The original contract should be included in the summary document of extension of agreement
EXTEN SION
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Generally in this case patties are agree with the original terms and condition but parties demanded to addition or subtract at extension of agreement
ENDING DATE OF ORIGINS CONTRACT
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It is very important that the ending date of original agreement and new start date of the agreement should be mention separately at extension of agreement
Other name of extension of agreement
- Contract extension letter
- Extension of contract agreement
