Free Restaurant Extension of Agreement

I. Introduction

This Restaurant Extension of Agreement ("Extension Agreement") is entered into on [Date], between [Your Company Name], located at [Your Company Address] ("Restaurant"), and [Second Party], located at [Second Party Address] ("Counterparty").

II. Extension Details

A. Duration of Extension: This Extension Agreement shall extend the terms and conditions of the original agreement dated [Date], between the Restaurant and Counterparty for a period of two (2) years, commencing from [Date], and terminating on [Date].

B. Terms and Conditions:

1. Confirmation of Existing Terms: The terms and conditions of the original agreement remain in full force and effect, except as expressly modified herein.

2. Amendments or Modifications: There are no amendments or modifications to the original agreement.

C. Consideration for Extension: In consideration of the extension granted herein, the Restaurant agrees to maintain consistent purchase volumes as outlined in the original agreement.

III. Specific Terms

A. Lease Extension:

1. Duration of Lease Extension: The lease agreement for the premises located at [Your Company Address] shall be extended for a period of two (2) years.

2. Rent Amount and Payment Schedule: The monthly rent shall remain unchanged at $[000], payable on the first day of each month.

3. Maintenance Responsibilities: The Restaurant shall continue to be responsible for routine maintenance and repairs of the leased premises.

IV. Legal Provisions

A. Governing Law: This Extension Agreement shall be governed by and construed in accordance with the laws of the State of [State].

B. Dispute Resolution Mechanism: Any disputes arising out of or in connection with this Extension Agreement shall be resolved through arbitration in accordance with the rules of the American Arbitration Association.

C. Confidentiality Clause: Both parties agree to maintain the confidentiality of any proprietary or confidential information exchanged during the term of this Extension Agreement.

D. Force Majeure Clause: Neither party shall be liable for any failure or delay in performance under this Extension Agreement due to causes beyond its reasonable control, including but not limited to acts of God, acts of government, or natural disasters.

V. Signatures

This Extension Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument.

Restaurant:

[Your Name]

[Your Job Title]

[Date]

Counterparty:

[Representative's Name]

[Job Title]

[Date]

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