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Upgrade Payment Addendum Unit No. Selected Upgrade Cost Initials 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Date / / / / / / / /
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How to fill out upgrade payment addendum
How to fill out upgrade payment addendum:
01
Start by entering the date and your contact information at the top of the addendum form.
02
Next, provide the details of the original agreement or contract that the upgrade payment addendum is being added to. This includes the agreement number, date, and parties involved.
03
Clearly state the purpose of the addendum, which is to outline the upgraded payment terms or changes being made to the original agreement.
04
Specify the specific upgrades or changes being made. This could include an increase in payment amount, revised payment schedule, or changes to the payment method.
05
Include any additional terms or conditions related to the upgraded payment. For example, if there are penalties for late payment or any other obligations.
06
If there are any attachments or supporting documents related to the upgrade, mention those and attach them to the addendum.
07
Leave space for both parties to sign and date the addendum, indicating their agreement to the upgraded payment terms.
Who needs upgrade payment addendum:
01
Companies or individuals who have entered into an agreement where there is a need to modify payment terms or upgrade the existing payment plan.
02
Businesses or individuals who have made upgrades or changes to the original agreement, which require adjusting payment terms accordingly.
03
Any party involved in the agreement who wants to ensure clarity and legal validity when making changes to the payment terms.
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