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Addendum to Agreement Defined

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What is an Addendum To Agreement?

An addendum to agreement is a legal document that is added to an existing agreement to modify the original terms and conditions agreed to. As long as all original parties to the existing agreement consent to the changes made therein, the addendum to agreement can be used to make minor to major changes. By using an addendum to agreement, parties to the contract can conveniently and efficiently make changes to portions of the existing contract without terminating the original agreement in favor of the new rules.

The purpose of the addendum to agreement is to provide an avenue for contract parties to make changes.

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Ted A. on ContractsCounsel
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Ted A.

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Equity Investments, Agreements & Transactions | Securities & Lending | Corporate Governance | Complex Commercial Contracts | Outside General Counsel & Compliance

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I grew up in Beaumont, Texas. I attended Baylor University for college and the The University of Texas School of Law for law school. I gained extensive experience in many areas of transactional law through my former position as corporate counsel at National Western Life Insurance Company and my current position as an Associate at Nance & Simpson, LLP.

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"Ivan is an excellent attorney, very meticulous, thorough, and incredibly fast. He pays close attention to every detail and makes sure everything is done right. I really appreciate his efficiency and professionalism. Highly recommend."

Loi L. on ContractsCounsel
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Craig C. on ContractsCounsel
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Matthew G. on ContractsCounsel
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