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This document is a modification to contract number VTS-2007-2024 issued by Virginia Tech to change the contractor\'s name from GJ Hopkins dba GJ Hopkins Lacy to Hopkins Lacy dba GJ Hopkins, Inc.,
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How to fill out contract modification agreement

How to fill out contract modification agreement
01
Read the original contract thoroughly to understand its terms.
02
Identify the specific modifications that need to be made.
03
Draft the modification agreement using clear language to specify the changes.
04
Include both parties' names, signatures, and the date of signing.
05
Attach the original contract as a reference if required.
06
Ensure that all parties review and agree to the modifications before signing.
07
Keep copies of both the original contract and the modified agreement for your records.
Who needs contract modification agreement?
01
Parties involved in a contract who wish to change its terms.
02
Businesses that need to update agreements due to new regulations or company policies.
03
Individuals who are changing the scope or basics of an agreement.
04
Legal representatives helping clients with contract adjustments.
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What is contract modification agreement?
A contract modification agreement is a legally binding document that changes the terms of an existing contract. This can include alterations to deadlines, pricing, scope of work, or other key provisions of the original agreement.
Who is required to file contract modification agreement?
Typically, both parties to the original contract are required to file a contract modification agreement, especially if the changes affect obligations, rights, or performance expectations outlined in the original contract.
How to fill out contract modification agreement?
To fill out a contract modification agreement, start by clearly identifying the original contract by its title and date. Specify the modifications being made, referencing the sections of the original contract that are affected. Both parties should review the changes, and then they should sign and date the agreement.
What is the purpose of contract modification agreement?
The purpose of a contract modification agreement is to formally document any changes to the terms of an existing contract, ensuring both parties are in agreement and that there is a legal record of the modifications.
What information must be reported on contract modification agreement?
A contract modification agreement must include the original contract details, the specific modifications being made, the rationale for these changes, the signatures of both parties, and the date of agreement.
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