A Supplemental Agreement is used when parties need to modify an existing contract without replacing it entirely. This document type is particularly relevant in Singapore's dynamic business environment, where commercial relationships often evolve over time. The Supplemental Agreement allows for efficient contract modification while maintaining legal certainty and continuity. It typically includes references to the original agreement, specific amendments, and confirmations of unchanged terms, all while ensuring compliance with Singapore's legal framework.
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1. Parties: Identification of parties entering into the supplemental agreement
2. Background: Reference to original agreement and reason for supplemental agreement
3. Definitions: Key terms used in the agreement, including reference to original agreement definitions
4. Amendments: Specific modifications to the original agreement
5. Confirmation: Confirmation that all other terms remain unchanged
6. Effective Date: When the supplemental agreement takes effect
1. Additional Terms: New terms being added to original agreement - use when introducing new provisions not present in original agreement
2. Consideration: Details of any new consideration - use when supplemental agreement involves new payment or value exchange
3. Representations and Warranties: Additional representations by parties - use when new circumstances require additional assurances
1. Schedule of Amendments: Detailed list of specific changes to original agreement
2. Marked-up Original Agreement: Version of original agreement showing all changes
3. New Commercial Terms: Updated pricing, payment terms, or other commercial provisions
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