Contract Management

Contract Management

Contract Amendment VS Addendum. What Are The Differences?

Addendums and amendments appear to be the same thing, and they can produce  comparable consequences in some situations.

Both Terms Explained

Contract Amendment

A contract amendment is a  document that alters an  existing contract in order to  enhance, correct, or explain  any issues in the original  document.

Contract Addendum

You handle addendums differently than amendments, even though an addendum is a type  of amendment. Rather of changing the document, they add something new to it.

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