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CONTRACT MODIFICATION AGREEMENT Date: January 27, 2014 UCP-TS-059-09 Contract No.: Modification No.: 1 Issued By: Virginia Polytechnic Institute and State University (Virginia Tech) Contractor: The

How to fill out contract modification agreement

How to fill out a contract modification agreement:

1. Start by obtaining a copy of the original contract that needs modification. This will serve as a reference point and provide context for the changes being made.
2. Identify the specific sections or clauses of the contract that require modification. Clearly outline the changes that need to be made, whether it's adding new information, removing existing clauses, or modifying language.
3. Clearly state the purpose or reason for the modification. This will help both parties understand the intent behind the changes and ensure transparency.
4. Include all the necessary details in the agreement, such as the names of the parties involved, the effective date of the modification, and any terms or conditions that should be mentioned.
5. Clearly specify the modified sections or clauses by referencing the original contract. This will help in ensuring that the modifications are integrated seamlessly into the existing agreement.
6. If applicable, include any additional documents or attachments that are necessary to support or validate the changes being made.
7. Make sure to review the contract modification thoroughly for accuracy, clarity, and consistency with the original contract. Seek legal advice if necessary to ensure that the modifications are legally sound.
8. Once both parties are satisfied with the modifications, sign and date the contract modification agreement. It is vital to obtain signatures from all parties involved to make it legally binding.
9. Keep copies of the contract modification agreement for future reference and record-keeping purposes.

Who needs a contract modification agreement?

A contract modification agreement is needed when changes need to be made to an existing contract. It is typically required when both parties agree to modify the terms and conditions of the original contract. This agreement ensures that the modifications are documented, acknowledged, and legally binding for all parties involved.

For pdfFiller’s FAQs

What is contract modification agreement?

A contract modification agreement is a written document that outlines changes or additions to an existing contract.

Who is required to file contract modification agreement?

The parties involved in the contract are required to file a contract modification agreement.

How to fill out contract modification agreement?

To fill out a contract modification agreement, you need to state the original contract details, specify the modifications, and have all parties sign the agreement.

What is the purpose of contract modification agreement?

The purpose of a contract modification agreement is to document any changes or additions to an existing contract in a clear and legally binding manner.

What information must be reported on contract modification agreement?

A contract modification agreement must include details of the original contract, modifications being made, effective date of modifications, and signatures of all parties involved.

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