������Ƶ

An Amendment To Extend Term Of Agreement is a crucial document used when parties wish to continue their contractual relationship beyond the original term specified in their agreement. This document type is particularly relevant under Dutch law, where contract modifications must comply with specific civil code requirements and principles of reasonableness and fairness. It is commonly used when the original agreement is performing satisfactorily and parties wish to maintain their relationship under the same terms and conditions, but with an extended duration. The amendment typically includes references to the original agreement, specific details about the new term period, and confirmations that other terms remain unchanged. This document type is essential for maintaining business continuity while ensuring legal compliance and clarity in contractual relationships.

1. Parties: Identification of the parties to the original agreement who are agreeing to this amendment

2. Background: Reference to the original agreement, its date, and brief description of the parties' desire to extend the term

3. Definitions: Key terms used in the amendment, including reference to defined terms in the original agreement

4. Extension of Term: Clear statement of the new term period, including specific start and end dates

5. Continuation of Other Terms: Confirmation that all other terms and conditions of the original agreement remain unchanged and in full force and effect

6. Entire Agreement: Statement that this amendment and the original agreement constitute the entire agreement between the parties

7. Counterparts: Provision allowing the amendment to be signed in multiple counterparts

8. Governing Law: Confirmation that Dutch law continues to govern the agreement

9. Execution: Signature blocks for all parties