How to Write an Extension of Agreement
In the business world, there are times when an agreement runs out but needs to be extended. In this event, you would need to write an extension of agreement for the business. This is a legally binding document that extends the terms and date of the original contract agreement.
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Instructions
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Decide what the goals are for the extension of agreement. This can be an amount of time, location, the terms, etc.
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Prepare the introduction. This includes the identity of the new document that is an extension to an existing agreement. Also include the parties and the date. The parties must be the same who signed and agreed to the original document to make it a legal binding document.
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Write the purpose of the extension in section one. This should be what you want to accomplish by completing the extension of agreement.
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Supply the date you wish to make the new extension available to. This can be a specific date or an indefinite amount of time. Write this in the next section.
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Put into words the "continuation of agreement". This shows that the extension is in the same agreement as the original.
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Have the document signed and dated by each party involved. There should be at least two witnesses and a notary also to finalize the legal agreement. Have the notary apply the seal, and attach the two documents.
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Tips & Warnings
Have all information and a copy of the original agreement.
Sign in front of a notary.
Contact an attorney or legal representative if you have any questions or need assistance with your extension of agreement.
Resources
- Photo Credit www.mbofsa.com
