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Piotrowski Consultants Ltd. 1820 Bond Street North Bay, ON P1B 4V6 Telephone: (705) 4722536 Fax: (705) 4765105 Email: pcl@piotrowskiconsultants.ca F.J. ELLIOTT SECONDARY SCHOOL OTTAWA, ON HYDRO NIC
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01
Review the original agreement to understand the terms and conditions that need to be modified or added.
02
Draft the additional clauses or modifications that need to be included in addendum no 1.
03
Clearly title the document as 'Addendum No 1' to indicate that it is an addition to the original agreement.
04
Include a reference to the original agreement, specifying the date and parties involved.
05
Include a statement explaining the purpose of the addendum and the specific changes being made.
06
Have both parties review and sign the addendum to make it legally binding.
Who needs addendum no 1?
01
Addendum no 1 may be needed by parties who wish to make amendments or additions to an existing agreement.
02
It is commonly used in real estate transactions, employment contracts, and other legal agreements when changes need to be made after the initial agreement has been signed.
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Addendum no 1 is an additional document or attachment to a main contract or agreement that modifies the terms or provides extra information.
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To fill out addendum no 1, one must clearly state the changes or additional information being added, sign and date the document, and ensure all parties involved receive a copy.
What is the purpose of addendum no 1?
The purpose of addendum no 1 is to make changes or additions to the original contract while ensuring all parties are in agreement and have a clear understanding of the modifications.
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Addendum no 1 must include details of the changes being made, the reasons for the modifications, and any additional information deemed necessary by the parties involved.
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