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Addendum To Memorandum Of Agreement

Addendum To Memorandum Of Agreement Template for Singapore

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Key Requirements PROMPT example:

Addendum To Memorandum Of Agreement

"I need an Addendum To Memorandum Of Agreement to modify our existing software development agreement by updating the payment terms and adding two new development milestones, with the changes to take effect from March 1, 2025."

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What is a Addendum To Memorandum Of Agreement?

An Addendum To Memorandum Of Agreement is utilized when parties need to modify their existing agreement without creating an entirely new contract. Under Singapore law, this document serves as a formal amendment mechanism, allowing parties to add, remove, or modify specific terms while preserving the original agreement's framework. It's particularly useful for business relationships where circumstances have changed but the fundamental agreement remains sound. The addendum must comply with Singapore's Contract Act and related legislation, ensuring proper execution and enforceability.

What sections should be included in a Addendum To Memorandum Of Agreement?

1. Parties: Identification of all parties to the original agreement and addendum

2. Background: Reference to original agreement and reason for modification

3. Definitions: Key terms used in the addendum, including reference to original definitions

4. Amendments: Specific modifications to the original agreement

5. Confirmation: Statement that all other terms remain unchanged

6. Execution: Signature blocks and execution details

What sections are optional to include in a Addendum To Memorandum Of Agreement?

1. Effective Date: Specific section on when modifications take effect - use when effective date differs from execution date

2. Consideration: Details of any new consideration - use when additional consideration is provided

3. Regulatory Compliance: Additional compliance requirements - use when modifications trigger regulatory obligations

What schedules should be included in a Addendum To Memorandum Of Agreement?

1. Schedule of Amendments: Detailed list of specific changes to original agreement

2. Original Agreement: Copy of the original agreement being modified

3. Supporting Documents: Any additional documents referenced in the amendments

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions













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Industries

Singapore Contract Act 1872: Primary legislation governing contract formation, validity, and enforcement in Singapore, including principles for contract modification

Electronic Transactions Act: Legislation governing electronic signatures and digital contracts, relevant if the addendum will be executed electronically

Sale of Goods Act: Relevant if the original agreement involves commercial transactions or sale of goods

Employment Act: Must be considered if the original agreement and addendum relate to employment matters

Companies Act: Relevant for corporate matters and when parties are corporate entities

Competition Act: Must be considered if the agreement involves business competition or market practices

Civil Law Act: Contains provisions regarding execution of documents and contractual formalities

Stamp Duties Act: Governs stamping requirements for certain types of agreements and their modifications

Variation of Contracts: Common law principles governing how existing contracts can be modified through addenda

Doctrine of Consideration: Legal principle requiring new consideration for contract modifications under common law

Legal Capacity Requirements: Rules governing who can legally enter into or modify contracts

Amendment Procedures: Any specific amendment procedures that might be specified in the original agreement

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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