Additional provisions

Additional provisions are supplementary clauses included in a contract to address specific needs or conditions that are not covered by standard terms. These clauses provide flexibility and customization, allowing parties to tailor the agreement to their unique circumstances and requirements.

19 Additional provisions examples

  • Description
    These rules apply to the payment of benefits under [Additional Provisions for Accidental Death and Dismemberment Coverage and Additional Provisions for Accidental Motor Vehicle Death Coverage].
    Document
    PRUDENTIAL VARIABLE CONTRACT ACCOUNT GI-2
  • Description
     “Additional Provisions” means the following provisions of the Agreement: Section 2.8.2 (Akcea Regulatory Transfer Cooperation), Section 2.9 (Technology Transfer), Section 2.10 (Class Generic Claims for the Product), Section 2.11.3 (Ionis’ Internal Antisense Safety Database), Section 3.2 (Manufacturing Transition Assistance), Section 3.3 (Transfer of Existing Inventory), Section 5.1 (License Grant), Section 5.2 (Pfizer’s Sublicensing Rights), Section 5.3 (Requests to Grant Sublicense to CMOs), Article 6 (Exclusivity Provisions), Article 10 (Confidentiality) and Article 11 (Representations and Warranties), provided, however, that the [***] hours of no-cost manufacturing transition assistance set forth in Section 3.2 (Manufacturing Transition Assistance) of the Agreement and the [***] hours of no-cost regulatory transfer assistance set forth in Section 2.8.2 (Akcea Regulatory Transfer Cooperation) of the Agreement are aggregate caps such that hours contributed by Ionis or Akcea will count toward each such cap, as applicable.
    Document
    IONIS PHARMACEUTICALS INC (IONS)
  • Description
    To the extent that Ionis is expressly referenced or is referenced in its capacity as an Affiliate of Akcea in the Additional Provisions, Ionis hereby agrees to be bound by and to comply with such provisions as if it was a Party to the Agreement for such purposes. Additionally, to the extent that Ionis is not expressly referenced in the Additional Provisions, Ionis hereby agrees to be bound by and to comply with such Additional Provisions as if it was a Party to the Agreement for such purposes.
    Document
    IONIS PHARMACEUTICALS INC (IONS)
  • Description
    If an Initial Term has been agreed, this shall constitute the term and be governed in accordance with the Additional Provisions.
    Document
    COMPASS Pathways plc (CMPS)
  • Description
    “Additional Provisions”    means any additional provisions agreed with Fora, as per clause 23 of this Residency Agreement.
    Document
    COMPASS Pathways plc (CMPS)
  • Description
    These Additional Provisions form part of and should be read in conjunction with the main body of the Residency Agreement, the terms of which shall continue in full force and effect save as varied by this clause 23.
    Document
    COMPASS Pathways plc (CMPS)
  • Description
    The following Additional Provisions form part of the Agreement dated February 1, 2018 entered into by and between ZYNGA INC. and ZYNGA GAME IRELAND LIMITED and their respective affiliates (“Zynga”), and WPT Enterprises, Inc. (“WPT”).
    Document
    Allied Esports Entertainment, Inc. (AGAE)
  • Description
    The Additional Provisions and any attached Exhibits are incorporated by reference.
    Document
    Allied Esports Entertainment, Inc. (AGAE)
  • Description
    Lesaka Technologies Inc., a Florida corporation (the "Company") has granted to the Employee named below (the "Employee"), effective as of the Grant Date specified below, an option (the "Option") to purchase certain shares of common stock, par value $0.001 per share, of the Company (the "Shares") upon the terms and conditions set forth in this Stock Option Agreement (the "Agreement") and the additional provisions included in Exhibit A hereto, titled "Additional Provisions of Stock Option Agreement" (the "Additional Provisions"), the provisions of which are incorporated into this Agreement.
    Document
    LESAKA TECHNOLOGIES INC (LSAK)
  • Description
    The Additional Provisions apply in addition to the provisions set forth in the Agreement. Any conflict between the Agreement and the Additional Provisions shall be resolved in accordance with the terms of the Additional Provisions. In the event of any matters as to which this Agreement is silent, the Additional Provisions shall govern.
    Document
    LESAKA TECHNOLOGIES INC (LSAK)
  • Description
    Notwithstanding any provisions to the contrary contained herein, if the face of this Note specifies that an Addendum is attached hereto and/or that “Other/Additional Provisions” apply to this Note, this Note shall be subject to the terms set forth in such Addendum and/or such “Other/Additional Provisions,” and the terms set forth in such Addendum and/or such “Other/Additional Provisions” shall supersede any provisions in this Note to the extent that there may be any conflict or ambiguity between (a) the terms in such Addendum and/or such “Other/Additional Provisions” and (b) the terms in this Note.
    Document
    AVALONBAY COMMUNITIES INC (AVB)
  • Description
    As further described below, the interest rate on the notes will be based on the federal funds effective rate, compounded daily over a quarterly observation period in accordance with the specific formula described in this document, as further described under “Supplemental Information Concerning Description of Debt Securities—Floating Rate Debt Securities” and “Additional Provisions—Federal Funds Effective Rate” below.
    Document
    MORGAN STANLEY (MS, MS-PA, MS-PE, MS-PF, MS-PI, MS-PK, MS-PL, MS-PO, MS-PP, MS-PQ, MSTLW)
  • Description
    Depending on your circumstances, you may receive Ordinary Shares or the proceeds from the sale thereof. See Section 3.10 under “Description of the Subordinated Debt Securities—Additional Provisions” in the accompanying prospectus.
    Document
    WESTPAC BANKING CORP (WEBNF)
  • Description
    As more fully described in Section 2.4 under “Description of the Subordinated Debt Securities—Additional Provisions” in the accompanying prospectus, the subordinated indenture provides that, subject to any Write-off, each holder of notes by its purchase or holding thereof will be deemed to have irrevocably agreed that, upon Conversion, it consents to becoming a holder of Ordinary Shares and agrees to be bound by the constitution of Westpac.
    Document
    WESTPAC BANKING CORP (WEBNF)
  • Description
     All of Westpac's obligations to make payments in respect of the notes are subject to Westpac being Solvent (as defined in Section 4 under "Description of the Subordinated Debt Securities—Additional Provisions" in the accompanying prospectus).
    Document
    WESTPAC BANKING CORP (WEBNF)
  • Description
       If an investor holding notes subject to Conversion: (i) notifies us no less than 15 business days prior to the Non-Viability Trigger Event Date that it does not wish to receive Ordinary Shares as a result of the Conversion (and does not subsequently notify us otherwise); (ii) is a Foreign Holder or an Ineligible Holder (each as defined in Section 4 under "Description of the Subordinated Debt Securities—Additional Provisions" in the accompanying prospectus); (iii) is a Clearing System Holder (as defined in Section 4 under "Description of the Subordinated Debt Securities—Additional Provisions" in the accompanying prospectus); (iv) does not provide the information as set forth in Section 3.10 under "Description of the Subordinated Debt Securities—Additional Provisions" in the accompanying prospectus to us prior to the Non-Viability Trigger Event Date; or (v) where a FATCA Withholding (as defined in Section 4 under "Description of the Subordinated Debt Securities—Additional Provisions" in the accompanying prospectus) is required to be made in respect of the Ordinary Shares issued on the Conversion, the Ordinary Shares that the investor would receive on Conversion will instead be issued to the Holders' Nominee (as defined in Section 4 under "Description of the Subordinated Debt Securities—Additional Provisions" in the accompanying prospectus) (which may not be Westpac or any of its Related Entities (which has the meaning given by APRA from time to time)), which will sell the shares on behalf of that investor.
    Document
    WESTPAC BANKING CORP (WEBNF)
  • Description
    (a)    Additional Provisions. The Administrator may, in its sole discretion, include additional provisions in Award Agreements covering Equity Incentive Shares granted under the Plan, including, without limitation, restrictions on transfer, and repurchase rights; provided that such additional provisions shall not be inconsistent with any other term or condition of the Plan. The Equity Incentive Shares shall also be subject to the terms and provisions of the LLC Agreement.
    Document
    Forma Therapeutics Holdings, Inc.
  • Description
    The below provisions, definitions, and terms (“Additional Provisions”) are herein added to the Agreement in addition to those terms, provisions, and definition already contained therein. The Additional Provisions are specific to this Schedule and the Services provided hereunder. To the extent there is any conflict or inconsistency between the Additional Provisions and the terms and conditions of the Agreement, the Additional Provisions shall prevail to the extent of the inconsistency.
    Document
    Senior Credit Investments, LLC
  • Description
    The below provisions, definitions, and terms (“Additional Provisions”) are herein added to the Agreement in addition to those terms, provisions, and definition already contained therein. The Additional Provisions are specific to this Schedule and the Services provided hereunder. To the extent there is any conflict or inconsistency between the Additional Provisions and the terms and conditions of the Agreement, the Additional Provisions shall prevail to the extent of the inconsistency.
    Document
    Jefferies Credit Partners BDC Inc.

What is an Additional Provision?

An additional provision is a clause or section incorporated into a contract that addresses specific issues, obligations, or rights not typically covered in the standard terms and conditions. These provisions are designed to tailor the agreement to the specific needs of the parties involved, thereby ensuring that unique or particularly important aspects of the arrangement are explicitly addressed.

When Should I Use Additional Provisions?

You should use additional provisions when the standard contract template does not fully address all aspects of the agreement between the parties. Situations that may warrant additional provisions include:

  • Unique deliverables or services that require specific terms.
  • Detailed payment arrangements or schedules.
  • Specific deadlines or milestone dates.
  • Confidentiality agreements or non-disclosure requirements.
  • Intellectual property rights stipulations.
  • Dispute resolution procedures tailored to the agreement.
  • Any other unique or complex details that need explicit acknowledgment within the contract framework.

How Do I Write Additional Provisions?

Writing additional provisions involves clearly defining and articulating the specific terms or conditions that need to be included in the contract. Here are some steps to follow:

  1. Identify the Need: Clearly define why additional provisions are necessary and what specific issues they address.

  2. Be Clear and Concise: Use clear and direct language to communicate the intent, terms, and conditions of the additional provisions.

  3. Ensure Consistency: Make sure the additional provisions are consistent with existing terms in the contract to avoid conflicts.

  4. Seek Legal Advice: Consider consulting with legal counsel to ensure that the additional provisions comply with applicable laws and protect the interests of all parties involved.

  5. Format Appropriately: Include the additional provisions in a separate section within the contract, clearly labeled to distinguish them from standard terms.

Example of Additional Provision

Confidentiality Obligation
The parties agree that any proprietary or confidential information disclosed under this agreement shall remain confidential. Both parties shall implement reasonable measures to ensure that such information is not disclosed to any third parties without prior written consent from the disclosing party.

Which Contracts Typically Contain Additional Provisions?

Additional provisions can be found in a wide range of contracts, especially those that are customized to fit specific transactions. Common types of contracts that often include additional provisions are:

  • Service Agreements: To specify unique service terms or performance metrics.
  • Employment Contracts: To include non-compete clauses or specific employment conditions.
  • Sales Contracts: For detailed delivery terms, warranty conditions, or payment schedules.
  • Lease Agreements: To address rights and responsibilities not covered in standard leasing templates.
  • Partnership Agreements: To define roles, contributions, and profit-sharing mechanisms uniquely.

Through additional provisions, contracts become robust instruments that can precisely reflect and enforce the intentions and obligations of the involved parties.

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Agreement null and void

An "Agreement null and void" clause stipulates that the contract or certain provisions within it will have no legal effect if specific conditions or contingencies are not met. This clause serves to protect the parties by voiding the agreement entirely or partially if predetermined circumstances arise, ensuring neither party is bound under such situations.

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AIP bonus

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