Extension of Agreement
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Extension of Agreement

Extension of Agreement

This extension of agreement is between ("") and ("").

and  are parties to the  agreement dated  (the "Original Agreement"), a copy of which is attached as Exhibit A.

Pursuant to section of the Original Agreement relating to extensions, the parties wish to extend the term of the agreement.

The parties therefore agree as follows:



1. PURPOSE.

This extension is the extension of the Original Agreement. The purpose of this extension is to .

2. EXTENSION.

The Original Agreement will be extended and continue for an additional term of  month(s)year(s)  (the "Extended Term"). The Extended Term will begin on the expiration of the Original Agreement, and end on , unless terminated at an earlier date under the Original Agreement or pursuant to law.The Original Agreement will be extended and continue indefinitely, unless terminated at an earlier date under the Original Agreement or pursuant to law.

3. INCONSISTENCY.

If there is a conflict between this extension and the Original Agreement, the terms of this extension will govern.

4. AGREEMENT CONTINUANCE.

Except as expressly modified and supplemented by this extension, all other terms and conditions in the Original Agreement remain in full effect and continue to bind the parties.

5. AMENDMENTS.

No amendment to this extension will be effective unless it is in writing and signed by all parties or their authorized representatives.

6. COUNTERPARTS; ELECTRONIC SIGNATURES.

  • (a) Counterparts. The parties may execute this extension in any number of counterparts, each of which is an original but all of which constitute one and the same instrument.
  • (b) Electronic Signatures. This extension, agreements ancillary to this extension, and related documents entered into in connection with this extension are signed when a party's signature is delivered by facsimile, email, or other electronic medium. These signatures must be treated in all respects as having the same force and effect as original signatures.

7. SEVERABILITY.

If any provision contained in this extension is, for any reason, held to be invalid, illegal, or unenforceable in any respect, that invalidity, illegality, or unenforceability will not affect any other provisions of this extension, but this extension will be construed as if the invalid, illegal, or unenforceable provisions had never been contained in it, unless the deletion of those provisions would result in such a material change so as to cause completion of the transactions contemplated by this extension to be unreasonable.

8. WAIVER.

No waiver of a breach, failure of any condition, or any right or remedy contained in or granted by the provisions of this extension will be effective unless it is in writing and signed by the party waiving the breach, failure, right, or remedy. No waiver of any breach, failure, right, or remedy will be deemed a waiver of any other breach, failure, right, or remedy, whether or not similar, and no waiver will constitute a continuing waiver, unless the writing so specifies.

9. ENTIRE AGREEMENT.

This extension, together with the Original Agreement, constitutes the final agreement of the parties. It is the complete and exclusive expression of the parties' agreement with respect to its subject matter. All prior and contemporaneous communications, negotiations, and agreements between the parties relating to the subject matter of this extension are expressly merged into and superseded by this extension. The provisions of this extension may not be explained, supplemented, or qualified by evidence of trade usage or a prior course of dealings. Neither party was induced to enter this extension by, and neither party is relying on, any statement, representation, warranty, or agreement of the other party except those set forth expressly in this extension. Except as set forth expressly in this extension, there are no conditions precedent to this extension's effectiveness.

10. HEADINGS.

The descriptive headings of the sections and subsections of this extension are for convenience only, and do not affect this extension's construction or interpretation.

11. EFFECTIVENESS.

This extension will become effective when all parties have signed it. The date this extension is signed by the last party to sign it (as indicated by the date associated with that party's signature) will be deemed the date of this extension.

12. NECESSARY ACTS; FURTHER ASSURANCES.

Each party shall use all reasonable efforts to take, or cause to be taken, all actions necessary or desirable to consummate and make effective the transactions this extension contemplates or to evidence or carry out the intent and purposes of this extension.



[SIGNATURE PAGE FOLLOWS]

Each party is signing this agreement on the date stated opposite that party's signature.

Date: ________________________ By: __________________________________________________
Name: 
Title: 
Date: ________________________ By: __________________________________________________
Name:  
Title: 





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EXHIBIT A
Attach copy of Original Agreement

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