Extension Of Agreement
It may be mentioned that the extension agreement and the annexed initial agreement constitute the entire agreement between the parties. It would not be necessary to develop a new agreement if there is an extension agreement developed and signed by both parties. Both parties should carefully review the extension to ensure that all relevant points of the agreement have been included. It is better to be excessively inclusive than sub-inclusive. Do not assume that certain expectations or conditions are agreed upon if they are not expressly stated on the document. Generally speaking, the elaboration of an agreement, whether it is an extension or the initial agreement, is not as simple as it seems. In most cases, it is always advisable to use the services of a professional as well as a lawyer so that the corresponding legal jargon is inserted and the writing of the contract is professional and free of fundamental errors. It generally does not deviate from existing general terms and conditions that would otherwise have required a new agreement. In short, a contract renewal agreement is an agreement that gives a longer life to the terms of a contract. The more details the extension agreement deals with, the fewer problems there are. During the revision, an in-depth study of the whole document should be carried out in order to ensure that all the necessary elements concerning the agreement are covered exhaustively, leaving no room for any kind of hypotheses. .