Extension contract template

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Small Business. Starting A Business. Service Contracts. Making a Contract Extension Agreement. What is a Contract Extension Agreement? Use the Contract Extension Agreement document if: Your contract is about to end and the parties wish to extend the contract beyond the original end date.

The parties wish to set a new termination date and make other changes to the original contract. Share this. Change Order. Input your question here Characters remaining: These may include:.

The major aim of a contract extension letter is to extend the tenure of a contract past its end date. If an employment contract ends because a service has been completed or the specified employment time frame has expired, the employer will draw up a contract extension agreement to extend the contract and inform the employee of the extension.

Contract extensions are usually written by employers to exceptional employees and should state the reasons for granting the extension. When crafting an extension agreement letter, you should thoroughly read the fine print, relevant details, and terms and conditions of the original contract. It's important to note elements that are outdated and should be modified or removed entirely.

Once the current contract has been thoroughly reviewed, you can go ahead to draw up the letter for contract renewal. The letter should speak to the aspects of the original contract that you want to discuss or debate.