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SideLetterofAgreement ThissideLetterofAgreementisenteredintobyandbetweentheVillageofWestmont, IllinoisanditsPoliceDepartment(Department)andtheIllinoisFraternalOrderofPolice LaborCouncilWestmontLodge#63FOP(LaborCouncil)

How to fill out side letter of agreement

How to fill out side letter of agreement:

1. Start by clearly identifying the parties involved in the agreement, including their full legal names and contact information. This ensures that there is no confusion regarding who is entering into the side letter of agreement.
2. Clearly state the purpose of the side letter of agreement, whether it is to amend or supplement an existing agreement, clarify certain terms, or address specific issues not covered in the original agreement.
3. Include a detailed description of the specific changes, additions, or modifications being made through this side letter of agreement. This should be written in a clear and concise manner, avoiding any ambiguity.
4. Specify the effective date of the side letter of agreement, which is when the changes or additions made in the agreement will come into effect. It is essential to ensure that this date aligns with the original agreement and any applicable laws or regulations.
5. Outline any conditions or requirements that need to be met for the side letter of agreement to be considered valid. This may include obtaining necessary approvals, signatures, or other actions that are required for the agreement to be legally binding.
6. Clearly define the rights, responsibilities, and obligations of each party involved in the side letter of agreement. This should include any payment terms, delivery obligations, confidentiality provisions, or any other specific terms that are relevant to the agreement.

Who needs side letter of agreement?

1. Businesses or individuals who wish to amend or supplement an existing agreement without going through the entire process of creating a new agreement.
2. Parties who want to add specific terms or address issues that were not initially covered in the original agreement.
3. Companies or individuals involved in complex contracts that require additional flexibility or clarification, and where a side letter of agreement can provide the necessary modifications.
4. Parties involved in disputes or disagreements that need to resolve issues or make changes to an existing agreement without terminating it altogether.
5. Employers and employees who wish to modify certain terms of their employment contract in a manner that is agreeable to both parties, but does not require drafting an entirely new contract.

Overall, a side letter of agreement can be beneficial whenever parties involved in an existing agreement need to make modifications or clarify certain terms without completely replacing the original agreement. It offers a more flexible and efficient way to address specific issues or changes while maintaining the overall integrity of the original agreement.

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