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Extension of Contract
THIS EXTENSION CONTRACT is made this ________ day of ________ 20 __, between ________ [Name] of ________ [Address], and ________ [Name] of ________ [Address].
WHEREAS, ________ [Name] and ________ [Name] have previously entered into a contract dated the ________ day of ________ 20 __; and
WHEREAS, both parties desire to extend the term of said contract:
[Description of Contract]
NOW, therefore intending to be legally bound, both parties agree as follows:
1. The above-described contract shall form part of this Contract.
2. Wherein said contract expires on the ________ day of ________ 20 __, and the parties desire to extend and continue said contract; it is provided that said contract shall be extended for an additional term of [---] years, commencing upon the expiration of the original term and expiring on the ________ day of ________ 20 __.
3. This extension shall be on the same terms and conditions as contained in the original Contract and as if set forth herein excepting that:
[Describe any new or changed terms]
Both parties agree not to molest, harass, interfere with, or impose any restraint upon the other, except as set out in this Contract.
In connection with this Contract and the transactions contemplated hereby, each party to this Contract will execute and deliver any additional documents and perform any additional acts that may be necessary or appropriate to effectuate and perform its obligations under this Contract and the transactions contemplated hereby.
This Contract may be modified or amended, if the amendment is made in writing and is signed by both parties.
This Contract is of a personal nature and may not be assigned.
Transfer Of Rights. This Contract shall be binding on any successors of the parties.
Governing Law. The parties hereby expressly acknowledge and agree that this Contract is entered into in the State of [STATE] and, to the extent permitted by law, this Contract shall be construed, and enforced in accordance with the laws of the State of [STATE].
IN WITNESS WHEREOF, the parties have executed this Contract the day and year first above written.