SayPro Contract Amendment Template

SayPro Templates to Use:

Contract Amendment Template: A standardized document template for making amendments or renewals to existing contracts

[Amendment Title]

This Amendment is made as of [Date] by and between:

[Party 1 Name]
Address: [Party 1 Address]
Phone: [Party 1 Phone Number]
Email: [Party 1 Email]

AND

[Party 2 Name]
Address: [Party 2 Address]
Phone: [Party 2 Phone Number]
Email: [Party 2 Email]

Whereas, the parties entered into a contract dated [Original Contract Date], identified as [Contract Number/Title], (the “Original Contract”);

Whereas, the parties now desire to amend the Original Contract pursuant to the terms set forth herein;

Now, therefore, for good and valuable consideration, the parties agree to the following amendments:

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1. Amendment to the Original Contract

The following sections of the Original Contract are hereby amended as follows:

• Section [Insert Section Number or Title]:
  Original text: [Original Text]
  Amended text: [New or Revised Text]
• Section [Insert Section Number or Title]:
  Original text: [Original Text]
  Amended text: [New or Revised Text]

Note: All amendments must align with the previously successful tenders, bids, and proposals made under SayPro Tenders and Bidding Office.

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2. Effective Date of Amendment

This Amendment will take effect on [Effective Date], and will supersede any conflicting terms or conditions of the Original Contract from that date forward.

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3. Impact on Other Terms and Conditions

Except for the amendments set forth above, all other terms and conditions of the Original Contract shall remain in full force and effect. This Amendment does not alter or modify any of the other provisions of the Original Contract unless explicitly stated herein.

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4. Contract Renewal

If this amendment includes a renewal of the contract, the new termination date shall be [New End Date]. Both parties agree to the terms outlined in this Amendment and recognize the continued obligations and responsibilities as per the Original Contract and this Amendment.

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5. Governing Law

This Amendment shall be governed by and construed in accordance with the laws of [Governing Jurisdiction], without regard to its conflict of laws principles.

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6. Signatures

By signing below, the parties acknowledge and agree to the terms of this Amendment.

[Party 1 Name]
Signature: ___________________________
Printed Name: ________________________
Title: _______________________________
Date: _______________________________

[Party 2 Name]
Signature: ___________________________
Printed Name: ________________________
Title: _______________________________
Date: _______________________________

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Instructions for Usage:

• Introduction Section: This section defines the parties involved in the contract amendment. Ensure that the correct names, addresses, phone numbers, and emails for both parties are accurately filled out.
• Amendment to the Original Contract: Clearly indicate which sections of the Original Contract are being amended. Provide both the original language and the new or revised text to avoid any confusion.
• Effective Date: This section specifies when the changes outlined in the amendment become enforceable. For renewals, ensure that the new contract term and termination date are included.
• Impact on Other Terms: This section is essential to clarify that the amendment only affects the specific changes outlined and that all other aspects of the contract remain unchanged unless otherwise stated.
• Governing Law: Select the jurisdiction relevant to the contract, ensuring that it is consistent with the original contract terms.
• Signatures: Both parties must sign and date the amendment to confirm their agreement to the modifications.

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Usage Context for SayPro Templates:

• SayPro Marketing Royalty SCMR: All amendments must be drafted in line with the conditions established by the SayPro Marketing Royalty SCMR, ensuring that any financial, marketing, or royalty-related provisions comply with this office’s guidelines.
• SayPro Tenders, Bidding, Quotations, and Proposals Office: Amendments based on successful tenders, bids, and proposals require close coordination with the SayPro Tenders Office. The amendments should reflect any terms that were part of the tender agreement, such as pricing, delivery timelines, and scope of services, to maintain alignment with the original successful proposals.
• SayPro Monthly January SCMR-1: This template will be used for contracts issued during the monthly review and drafting process, specifically focusing on adjustments to existing agreements as per the review cycle set by SCMR-1. This ensures that the contract amendments are aligned with the updated contractual strategies for the month.