Contract Glossary
Amendment
Definition
An amendment changes the existing terms of a contract. You're not adding new stuff, you're rewriting what's already there. A pay raise, a shifted deadline, a new pricing structure, those are amendments.
In Practice
Your lease says rent is $2,200/month. Your landlord agrees to drop it to $1,900/month if you extend for another year. You draft an amendment that changes the rent amount and the end date. Both of you sign it. The rest of the lease stays the same, only the amended terms change. In practice, amendments are how contracts evolve without starting from scratch. A freelance project where the scope grows by 30%? Amend the SOW and the payment schedule. A services agreement where the delivery timeline shifts? Amend the milestone dates. The amendment should reference the original contract by name and date, clearly state which clauses are being changed, provide the new language, and require signatures from all parties. Keep a clean paper trail, amendments that contradict each other or the original agreement create disputes.
Example Clause
This Agreement may not be amended, modified, or supplemented except by a written instrument signed by authorized representatives of both Parties. No waiver of any provision of this Agreement shall constitute a waiver of any other provision, nor shall any waiver constitute a continuing waiver unless otherwise expressly provided.
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