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CITY OF COMMERCE Lilia R. Leon Mayor Ivan Altamira Council member Tina Back Del Rio Mayor Pro Tem Joe Aguilar Council member Denise M. Robles Council member ADDENDUM NO. 1 April 27, 2012, CITY OF

How to fill out addendun 1 - commerce

How to Fill Out Addendum 1 - Commerce:

1. Start by reviewing the main contract or agreement that the addendum is being added to. Understand the terms and conditions of the existing agreement to ensure that the addendum complements it.
2. Clearly state the purpose of the addendum. Specify the changes, modifications, or additional provisions that need to be made to the original agreement. This could involve adding new terms, updating existing clauses, or addressing any specific issues related to commerce.
3. Provide a detailed description of the amendments being made. Clearly articulate each change, including any specific language or wording that needs to be included. Be specific and precise to avoid any confusion or misinterpretation.
4. Include any necessary attachments or supporting documents. If there are any additional terms, conditions, or legal requirements that need to be included, attach them to the addendum. This ensures that all relevant information is included and easily accessible for reference.
5. Ensure that all parties involved in the original agreement sign the addendum. This includes both the party making the changes (if applicable) and the other parties who are accepting the amendments. Signatures validate the agreement and make it legally binding.

Who Needs Addendum 1 - Commerce:

1. Businesses involved in commercial transactions: Addendum 1 - Commerce is relevant for businesses engaged in commercial activities. It helps to modify or add provisions to an existing contract to cater specifically to commerce-related matters.
2. Parties seeking to address new commercial terms: If there are changes in the commercial landscape or specific terms and conditions related to commerce need to be addressed, this addendum becomes necessary. It allows parties to update their agreement to reflect these new terms.
3. Parties who want to resolve commerce-related disputes: If any disputes or issues arise in areas such as commerce, trade, or business transactions, Addendum 1 - Commerce can be used to address and resolve those disputes. It provides a framework for negotiations and possible resolutions specific to commerce.

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