An Amendment To Confidentiality Agreement becomes necessary when parties need to modify their existing confidentiality arrangements while maintaining the fundamental agreement. Common scenarios include expanding the scope of protected information, adding new parties, extending durations, or updating terms to reflect changed circumstances. Under Singapore law, such amendments must be properly executed with clear reference to the original agreement and specify exactly what is being modified. This document type is particularly important in dynamic business relationships where confidentiality requirements evolve over time.
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1. Parties: Identification of the original parties to the confidentiality agreement
2. Background: Reference to original agreement and reason for amendment
3. Definitions: Any new or modified definitions being introduced
4. Amendment Details: Specific clauses being amended, added, or removed
5. Confirmation of Other Terms: Statement that all other terms remain unchanged
6. Effective Date: When the amendment takes effect
1. Additional Parties: Used when expanding scope to include new entities - details of any new parties being added to the agreement
2. Consideration: Used when amendment involves new value exchange - details of any consideration being provided
3. Updated Duration: Used when changing the duration of obligations - specifies modified term of the confidentiality obligations
1. Marked-up Original Agreement: Shows tracked changes to original agreement
2. New Confidential Information Schedule: If amendment modifies scope of confidential information
3. Signature Authorities: Evidence of authority to execute amendment if needed
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