Document background
The Contract Extension Addendum is a crucial document used when parties wish to extend their existing contractual relationship beyond the originally agreed term. Under Dutch law, this document serves as a formal amendment to the original contract, explicitly stating the new duration and any modifications to the original terms. It is particularly relevant when businesses need to maintain continuity in their commercial relationships without negotiating entirely new contracts. The addendum must comply with Dutch legal requirements for contract modifications as specified in the Burgerlijk Wetboek, including clear expression of parties' intent and proper execution formalities. This document type is commonly used across various sectors in the Netherlands, from service agreements to supply contracts, and can incorporate updates to pricing, scope, or other terms while extending the contract's duration.
