What Is An Agreement Extension
It would not be necessary to draft a new agreement if there is an extension agreement drafted and signed by both parties. Sign two copies of the renewal, one for you and one for the other parties who have signed an agreement that expires after a certain period of time, may find that their employment relationship is going so well that they want to work together beyond the duration of the original contract. A contract extension can achieve this. Adding a contract renewal agreement is easier than preparing a new contract. With an extension, you simply continue with the terms of the existing contract, as well as any changes you might want to make. Depending on the nature of the conditions, you may decide to attend your extension or have it notarized. This limits subsequent challenges to the validity of a party`s signature. A legally valid contract renewal contract can be printed on the official letterhead of one of the parties and signed by both parties. . . .