An addendum is a supplementary document added to an existing contract that modifies, clarifies, or adds new terms or conditions without altering the original agreement's fundamental nature. It ensures that any changes or additional provisions are formally incorporated and acknowledged by all parties involved.
The invalidity or unenforceability of any portion or portions of this Addendum shall in no way affect the validity or enforceability of any other portion or provision hereof. Any invalid or unenforceable portion or provision shall be deemed severed from this Addendum and the balance of this Addendum shall be construed and enforced as if this Addendum did not contain such invalid or unenforceable portion or provision.
This Addendum may be executed in any number of counterparts, and this has the same effect as if the signatures on the counterparts were on a single copy of this Addendum.
This Addendum, the Agreement and the RSA constitutes the entire agreement and there are no oral or other representations regarding the subject of this Addendum and Agreement that are binding on either party.
THIS FIRST ADDENDUM TO EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT (this “First Addendum”) is entered into on, 2022, by and between Whiting Petroleum Corporation, a Delaware corporation (the “Company”), and Charles J. Rimer (“Executive”). Capitalized terms used in this First Addendum but not otherwise defined in this First Addendum shall have the respective meanings assigned to such terms in the Employment Agreement (as defined below).
LOCAL CURRENCY ADDENDUM dated as of September 5, 2019, to the Credit Agreement (as defined below), among Caterpillar Financial Services Corporation, Caterpillar International Finance Designated Activity Company, the Local Currency Banks (as defined below), Citibank, N.A., as Agent, and Citibank Europe plc, UK Branch, as Local Currency Agent.
This Addendum may not be terminated without the prior written consent of each Japan Local Currency Bank party hereto, CFSC and CFKK unless there are no Japan Local Currency Advances or any other amounts outstanding hereunder, in which case no such consent of any Japan Local Currency Bank shall be required; provided, however, that this Addendum shall terminate on the date that the Credit Agreement terminates in accordance with its terms.
On July 1, 2014 the Lessor and the Lessee signed the first Addendum of the Original Agreement [hereinafter: “First Addendum”] according to which the Lessee leases from the Lessor an additional area of approximately 377sqm gross, located in the ground floor in Tamar Building in the complex, as stated in the First Addendum [the Original Agreement and the First Addendum shall be referred hereinafter: “the Lease Agreement”];
The Existing Credit Agreement, as amended by this Amendment, is referred to herein as the “Amended Credit Agreement”. The Existing Local Currency Addendum, as amended by this Amendment, is referred to herein as the “Amended Local Currency Addendum”. The Existing Japan Local Currency Addendum, as amended by this Amendment, is referred to herein as the “Amended Japan Local Currency Addendum”
This 2023 Addendum for FDSOI Products to GLOBALFOUNDRIES’ contract number 00037737.0 (the “2023 FD Addendum”) to the Materials Supply Agreement dated Apr 25th 2017, GLOBALFOUNDRIES Contract number 00037735.0, and as amended from time to time, including on November 10, 2022 (the “Agreement”) is entered into effective as of the date of the last signature below (the “Commencement Date”) by and between GLOBALFOUNDRIES U.S. Inc, a corporation organized under the laws of State of Delaware with its principal place of business 2600 Great America Way, Santa Clara California 95054, USA (“GLOBALFOUNDRIES” or “GF”) and SOITEC S.A. (“Supplier”), a Societe Anonyme organized under the laws of France with its principal office at Parc Technologique des Fontaines, Bernin 38926 Crolles Cedex.
The Agreement, as supplemented by this Addendum, together with the Exhibits, Appendices and Schedules to the Agreement, constitutes the complete understanding and agreement of the Real Estate Funds and Bank with respect to the subject matter thereof and supersedes all prior communications with respect thereto.
This Addendum represents the entire agreement of Landlord and Tenant with respect to the subject matter hereof, and the terms hereof shall not be amended or changed by any oral representation or agreement. To be effective, any addendums to the Lease shall be in writing and shall be executed by both parties hereto.
Except as otherwise provided, the Parties shall each bear their own costs and expenses incurred in complying with their obligations under this Addendum.
3.3 The invalidity or unenforceability of any portion or portions of this Addendum shall in no way affect the validity or enforceability of any other portion or provision hereof. Any invalid or unenforceable portion or provision shall be deemed severed from this Addendum and the balance of this Addendum shall be construed and enforced as if this Addendum did not contain such invalid or unenforceable portion or provision.
3.4 This Addendum may be executed in any number of counterparts, and this has the same effect as if the signatures on the counterparts were on a single copy of this Addendum.
3.5 This Addendum may only be varied by written agreement of both Parties.
3.6 This Addendum, the Agreement and the RSA constitutes the entire agreement and there are no oral or other representations regarding the subject of this Addendum and Agreement that are binding on either party.
3.7 It is agreed between the Parties that time is of the essence in the performance of each Party’s obligations under the Agreement and this Addendum.
Finally, the Rimer Addendum provides that, if Mr. Rimer alleges a termination for Good Reason as a result of a condition or circumstance that occurs during the period from the date of the Closing until December 31, 2023, then Mr. Rimer must provide written notice to the Company by the later of December 31, 2022 and the date that is three months following the date of the initial occurrence of the condition or circumstance giving rise to Good Reason.
This Addendum No. 1 to Mutual License & Services Agreement (the “Addendum”), dated as of the signature date below (“Effective Date”), is entered herein by SimilarTech Ltd., with its principal offices at 65 Menachem Begin Road, Tel Aviv, Israel (“SimilarTech”) and SimilarWeb Ltd., with its principal offices at 121 Menachem Begin Road, Tel Aviv, Israel (“SimilarWeb”). SimilarWeb and SimilarTech are referred to herein individually as a “Party” and collectively as the “Parties”.
This Addendum, dated as of January 21, 2019, modifies the terms and conditions of the Becton Dickinson and Company (the “Company”) 2004 Employee And Director Equity-Based Compensation Plan, as amended and restated as of January 26, 2016 (the “Plan), with respect to the Awards which are intended to be Restricted Stock Units (hereafter “RSU”) and Performance Units (hereafter “PSU”). Other types of Awards under the Plan are not governed by, and will not be granted under, this Addendum.
The terms and conditions of this Addendum modify the Plan as provided below as they relate to Awards made under this Addendum. They are to be read in conjunction with the Plan and the applicable Award Agreement. In the event of any conflict between the terms and conditions of this Addendum and the Plan, the provisions of this Addendum shall prevail with respect to grants made hereunder. Capitalized terms used herein that are not otherwise defined shall have the same meaning as in the Plan.
This Addendum is only applicable in connection with the distribution model described in this Addendum, which contemplates Supplier’s sale of Products (as defined in OEM Agreement, provided that the only Products eligible under the Direct-to-Distributor Model are limited to the SKUs identified in Attachment 1 below, which may be modified by the mutual written agreement of the Parties) to a Rubrik-authorized distributor pursuant to a Distributor Order (as defined below) submitted by such Authorized Distributor (as defined below) directly to Supplier for Products (such transactions, the “Direct-to-Distributor Model”, also called Rubrik’s “[***] Distribution Model”).
An addendum is a supplementary document added to the main content of an existing document or contract to include additional terms, information, or stipulations. It is used to modify, clarify, or expand the original agreement without altering the main contents directly. Addenda are meant to ensure that any changes or additional provisions are legally binding and officially part of the original document.
When Should I Use an Addendum?
You should use an addendum in the following scenarios:
Clarification: When you need to clarify parts of the original document that might be ambiguous or not explicitly detailed.
Additional Terms: To add terms that were not part of the original agreement or contract.
Modifications: To make changes to certain aspects of the original contract without rewriting the entire document.
Updates: When laws or regulations change after the initial agreement, an addendum can be used to ensure compliance with the current legal standards.
Extensions: To extend timelines or deadlines specified in the original document.
How Do I Write an Addendum?
To write an addendum, follow these steps:
Title the Document: Clearly title the document as an “Addendum” and include a reference to the original document, such as “Addendum to [Name of Original Document].”
Identify the Parties: Clearly state the names of the parties involved, matching the original document.
State the Purpose: Clearly explain what the addendum is intended to achieve.
Detail the Changes: Specifically list each change, addition, or clarification in detail.
Reference the Original Document: Mention the specific part(s) of the original document that the addendum is modifying or supplementing.
Effective Date: Specify the date when the addendum becomes effective.
Signatures: Include a section for signatures of all parties involved to validate the addendum.
Example
Addendum to Lease Agreement
This Addendum (“Addendum”) is made a part of the Lease Agreement dated July 1, 2023, (“Agreement”) between John Doe (“Landlord”) and Jane Smith (“Tenant”).
The purpose of this Addendum is to extend the original lease term by six months, changing the end date from June 30, 2024, to December 31, 2024.
All other terms and conditions of the original Lease Agreement remain unchanged and in full effect.
Effective Date: October 15, 2023
Signatures:
John Doe, Landlord
Jane Smith, Tenant
Which Contracts Typically Contain an Addendum?
Addenda can be found in various types of contracts, including but not limited to:
Real Estate Contracts: To add terms regarding the purchase process, maintenance agreements, or adjusting sale conditions.
Lease Agreements: For extending lease terms, adjusting rent, or adding new tenants.
Employment Contracts: To modify or add terms related to position, compensation, or responsibilities.
Business Contracts: When introducing new conditions, timelines, or scope changes in a project.
Service Contracts: To amend the scope of services, responsibilities, or payment terms outlined in the original agreement.
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