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The Addendum To Extend Contract is a crucial document used when parties wish to continue their contractual relationship beyond the original termination date. It's particularly relevant in the Indian business context where ongoing business relationships need to be formally documented in compliance with the Indian Contract Act, 1872. This document is typically employed when the original contract is performing satisfactorily and parties wish to maintain existing terms while extending the duration. It includes critical information such as reference to the original agreement, specific extension period, any updated dates or deadlines, and confirmation of continuing terms. The addendum must be properly executed with appropriate authority and consideration to be legally binding under Indian law. It's commonly used across various industries for service agreements, supply contracts, lease agreements, and other commercial arrangements where continuity is desired.

1. Parties: Identification of all parties to the original contract who are agreeing to the extension

2. Background: Reference to the original contract including its date and parties, and brief statement of intention to extend

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 expiration date or extension period

5. Confirmation of Original Terms: Statement confirming all other terms and conditions of the original contract remain unchanged

6. Effective Date: Specification of when the extension becomes effective

7. Execution: Signature blocks for all parties