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This Addendum, dated this day of, 20, by and between ... substitute performance guarantee in a form and amount acceptable to the Board, and to.

How to fill out addendum to performance agreement

How to fill out addendum to performance agreement:

1. Read the original performance agreement thoroughly to ensure you understand its terms and conditions.
2. Identify the specific section or clause of the performance agreement that needs to be modified or added to the addendum.
3. Clearly state the purpose of the addendum at the beginning, such as "This addendum is being made to modify/add the following terms to the performance agreement dated [date]."
4. Begin the addendum by providing a brief background or context for the modification or addition being made.
5. Detail the exact modifications or additions to the performance agreement, using clear and concise language.
6. Clearly state the effective date of the addendum and whether it is a one-time modification or an ongoing change.
7. Ensure that both parties involved in the performance agreement sign and date the addendum to show their agreement and acceptance of the modifications or additions.
8. It is recommended to keep a copy of the addendum with the original performance agreement for future reference or disputes.

Who needs addendum to performance agreement:

1. Individuals or organizations who want to modify specific terms or clauses in an existing performance agreement may need an addendum.
2. If there have been changes in circumstances since the original performance agreement was signed that require new provisions, an addendum may be necessary.
3. Both parties involved in the performance agreement must agree on the modifications or additions for an addendum to be required.
4. Adding an addendum can help clarify ambiguous terms, address unforeseen circumstances, or incorporate additional obligations into the performance agreement.

For pdfFiller’s FAQs

What is addendum to performance agreement?

An addendum to a performance agreement is a document that outlines any additional terms or changes to the original agreement.

Who is required to file addendum to performance agreement?

The parties involved in the performance agreement are required to file the addendum.

How to fill out addendum to performance agreement?

The addendum should be filled out with details of the changes or additional terms, signed by all parties involved, and attached to the original performance agreement.

What is the purpose of addendum to performance agreement?

The purpose of the addendum is to document any modifications to the original performance agreement.

What information must be reported on addendum to performance agreement?

The addendum should include details of the changes or additional terms being made to the original agreement.

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