Legal Contract Amendment Memo
To: [Recipient Name]
From: [Your Name]
Date: [Month, Day, Year ]
Subject: Amendment to Contract Agreement
Dear [Recipient Name],
We are writing to inform you about a couple of significant amendments that are anticipated to be implemented in our current legal contract with [Your Company Name]. These alterations are deemed essential by our legal team in order to preserve the equity of our partnership and fortify the legal foundations that our corporation is established on.
The purpose of this amendment is to extend the contract term and modify the payment terms between [Your Company Name] and [Recipient Name] to accommodate changes in project scope and timeline.
The amendment to the contract between [Your Company Name] and [Recipient Name] includes the following key changes:
Extension of Contract Term: The contract's duration has been extended by [time period], now starting on [Month, Day, Year] and concluding on [Month, New, Year].
Modification of Payment Terms: Payment terms have been revised to [new payment terms], altering the schedule or amount of payments to better suit the agreement's updated terms.
Additional Changes: Various other adjustments have been made to the contract to reflect new agreements between the parties, ensuring the contract remains current and applicable to their evolving business relationship.
We kindly request your immediate attention to these amendments. Given the relevancy, we recommend that the changes are reviewed by your legal counsel to ensure you are agreeable with the inclusions.
This amendment shall be considered integral to the original contract and shall affect a change to the specified sections only. All other terms and conditions of the original contract not explicitly modified by this amendment remain in full force and effect.
We are confident that these amendments will strengthen our commercial relationship. We are more than willing to arrange a meeting with your team to further discuss and address any concerns or clarification requests you might have.
Once again, we are grateful for the continued partnership and your prompt attention to this matter would be highly appreciated.
Sincerely,
[Your Name]
[Your Job Title]
[Month, Day, Year]
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