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Addendum To Extend Contract
"I need an Addendum to Extend Contract for our manufacturing supply agreement with PT Sejahtera Industries, extending the current contract for an additional 24 months from March 1, 2025, maintaining all existing terms and conditions."
1. Parties: Full legal names and details of all contracting parties, matching exactly with the original contract
2. Background: Reference to the original contract, its date, and purpose; confirmation that parties wish to extend the contract
3. Definitions: Key terms used in the addendum, including reference to definitions in the original contract
4. Extension of Term: Clear statement of the new contract duration, including specific start and end dates
5. Continuation of Other Terms: Confirmation that all other terms and conditions of the original contract remain in full force and effect
6. Effective Date: Specification of when the extension takes effect
7. Governing Law: Reaffirmation of Indonesian law as governing law
8. Execution: Signature blocks for all parties, including requirements for stamp duty under Indonesian law
1. Modification of Specific Terms: Include if any other terms besides duration need to be modified along with the extension
2. Regulatory Compliance: Include for regulated industries or government contracts requiring specific compliance statements
3. Language Declaration: Include when document is bilingual, stating that Indonesian version prevails in case of conflict
4. Performance Review: Include when extension is conditional on past performance or specific criteria
5. Additional Consideration: Include if there is any new or additional payment required for the extension
1. Schedule 1 - Original Contract: Copy or reference to the original contract being extended
2. Schedule 2 - Updated Timeline: If applicable, revised project milestones or delivery schedules for the extension period
3. Schedule 3 - Proof of Authority: Corporate approvals or power of attorney documents if required under Indonesian law
4. Appendix A - Amended Terms: If applicable, detailed list of any terms being modified alongside the extension
Authors
Manufacturing
Mining and Resources
Technology and telecommunications
Financial Services
Construction and Infrastructure
Energy and Utilities
Healthcare and Pharmaceuticals
Retail and Consumer Goods
Agriculture and Plantations
Transportation and Logistics
Professional Services
Education
Real Estate and Property
Legal
Procurement
Commercial
Operations
Business Development
Compliance
Risk Management
Contract Administration
Corporate Secretariat
Finance
Supply Chain
Project Management
Vendor Management
Legal Counsel
Contract Manager
Procurement Manager
Business Development Manager
Chief Legal Officer
Company Secretary
Commercial Director
Operations Manager
Project Manager
Compliance Officer
Risk Manager
Chief Executive Officer
Chief Financial Officer
Supply Chain Manager
Relationship Manager
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