A Sales Contract Addendum is a crucial legal document used when parties need to modify specific terms of an existing sales agreement while keeping the original contract's core structure intact. This document type is particularly important in the Indonesian business context, where formal documentation of contract modifications is required under the Civil Code (KUHPerdata) and commercial regulations. The addendum can address various changes such as pricing adjustments, delivery terms, product specifications, or payment conditions. It must be drafted in compliance with Indonesian contract law requirements, including proper execution formalities and, when applicable, language requirements for international transactions. The document is commonly used in both domestic and international trade scenarios, requiring careful consideration of Indonesian commercial regulations and trade laws.
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1. Parties: Identification of all parties to the original agreement and confirmation that they remain the same parties to this addendum
2. Background: Reference to the original agreement (including date and title), reason for modification, and confirmation of parties' intention to amend specific terms
3. Definitions: Key terms used in the addendum, including reference to definitions in the original agreement that remain applicable
4. Amendments: Specific modifications to the original agreement, clearly stating which clauses are being modified, deleted, or added
5. Effect on Original Agreement: Statement confirming that all other terms and conditions of the original agreement remain in full force and effect
6. Governing Law: Confirmation that the addendum is governed by Indonesian law, consistent with the original agreement
7. Execution: Signature blocks for all parties, including date and place of signing
1. Effective Date: Specific section stating when the modifications take effect, if different from the signing date
2. Representations and Warranties: Additional confirmations by parties regarding their authority to enter into the addendum, if required
3. Language Requirements: Required for dual-language versions, stating which language prevails in case of inconsistency
4. Counterparts: Section allowing execution in multiple counterparts, if needed for practical signing arrangements
5. Ratification: Explicit confirmation of understanding and acceptance of the modifications by all parties
1. Schedule of Amendments: Detailed table or list showing original clause text and new modified text side by side
2. Updated Price List: If the modification involves price changes, a comprehensive list of updated prices
3. Modified Terms: Complete text of any new or substantially modified clauses
4. Authorization Documents: Copies of corporate approvals or powers of attorney proving authority to execute the addendum
Authors
Relevant legal definitions
Clauses
Relevant Industries
Retail
Manufacturing
Consumer Goods
Industrial Products
Technology
Agriculture
Mining
Construction
Automotive
Electronics
Textile
Food and Beverage
Pharmaceuticals
Energy
Telecommunications
Relevant Teams
Legal
Commercial
Sales
Procurement
Finance
Compliance
Operations
Supply Chain
Business Development
Risk Management
Contract Administration
Relevant Roles
Legal Counsel
Contract Manager
Commercial Director
Sales Director
Procurement Manager
Business Development Manager
Chief Financial Officer
Corporate Secretary
Compliance Officer
General Manager
Operations Director
Supply Chain Manager
Account Executive
Legal Manager
Risk Manager
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