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AMENDMENT TO AGREEMENT BETWEEN VELOCITY, LLC AND THE CITY DURHAM FOR BUILDING IMPROVEMENT INCENTIVES FOR ECONOMIC DEVELOPMENT ACTIVITIES This contract amendment (Amendment) is made and entered into

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How to fill out contract amendment - contract

01

To fill out a contract amendment, follow these steps:

02

Start by reviewing the original contract to understand the sections that need to be modified or added.

03

Identify the specific details or clauses that need to be amended.

04

Create a new section in the amendment document that clearly states the parties involved, contract date, and purpose of the amendment.

05

List the specific changes or additions that need to be made, point by point.

06

Clearly express the desired modifications or additions in plain language, ensuring clarity and accuracy.

07

Include any necessary conditions or restrictions related to the amendments.

08

Provide an explanation for the proposed changes or additions, if required.

09

Include a signature section for all parties involved along with the date of signing.

10

Review the completed contract amendment thoroughly to verify that all necessary changes have been properly recorded.

11

Make copies of the amendment for all parties involved and keep them with the original contract for reference.

Who needs contract amendment - contract?

01

Anyone who has an existing contract that requires modifications or additions may need a contract amendment.

02

This includes individuals, businesses, organizations, or legal entities that have entered into a contractual agreement but need to make changes to its terms, conditions, or provisions.

03

Contract amendments are commonly used when parties wish to extend the duration of a contract, change pricing or payment terms, add or remove obligations, clarify ambiguous language, or address unforeseen circumstances that were not originally covered in the contract.

04

It is important to consult legal professionals or experts to determine whether a contract amendment is appropriate and ensure that it complies with applicable laws and regulations.

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What is contract amendment - contract?

A contract amendment is a document that modifies an existing contract.

Who is required to file contract amendment - contract?

The parties involved in the original contract are required to file the contract amendment.

How to fill out contract amendment - contract?

To fill out a contract amendment, you should clearly outline the changes being made to the original contract.

What is the purpose of contract amendment - contract?

The purpose of a contract amendment is to update or modify the terms of the original contract.

What information must be reported on contract amendment - contract?

The contract amendment must include the parties involved, the changes being made, and the effective date of the amendment.

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