Write a Contract Extension Agreement Effortlessly!

Standardized Legal Documents Write a Contract Extension Agreement Effortlessly!

Extend a Successful Business Relationship With a Contract Extension Agreement

Is your contract nearing its expiration, but you don’t want to end the business relationship? Are things going well enough for you to request a contract extension? Get busy now! If you don’t know how it works, we’re here to help you out!

In this manual, DoNotPay teaches you everything you need to know about a contract extension agreement and shows you how to write valid contracts the easy way!

What Is a Contract Extension Agreement?

Generally, most business contracts have a fixed term. When the contract is nearing the expiration date, you have two options:

  1. End the contract
  2. Extend the agreement with a new date

If you want to extend the duration of your existing contract, you can create a contract extension agreement. It is not an entirely new document. You only need to alter the termination date at the end. Once both parties agree to the modified date, you can sign the deal and move forward.

It’s easier to have a contract extension agreement instead of creating a completely new or an additional amendment document. The extension does not deviate from the terms of the primary contract. If you need to make more modifications, you will need to draw up a fresh document.

Alternative names for a contract extension agreement are:

  • Contract extension letter
  • Extension of contract agreement

When Is a Contract Extension Required?

You can use a contract extension if:

  • Your contract end date is near, and you wish to extend the duration of the contract beyond the original end date
  • Both parties want to set a modified termination date
  • The project did not end at the expected due date
  • A new project with the same contractor awaits

What Contracts Might Require a Contract Extension Agreement?

You can use a contract extension agreement to extend the duration of several business contracts, such as:

  1. Confidentiality agreement
  2. Photography contract
  3. Retainer agreement
  4. Employment loan agreement
  5. Fee agreement
  6. Collaboration agreement
  7. Subscription agreement
  8. Service level agreement
  9. Sponsorship agreement

For extending property contracts, you should opt for a lease extension agreement.

How To Make a Contract Extension Agreement Yourself

If you’re familiar with legal terms, creating a contract will be a piece of cake. If not, you can always hire a lawyer to do the job. Are lawyer fees too high for your budget? Scan the internet for free contract templates to get a basic idea of what to include in your document.

Most contract extension agreements contain the following essential clauses:

ClauseBrief explanation
Details of both partiesNames, office/home addresses, and contact information of both parties
DateThe effective date of the agreement
Original contractThis section will contain:

  • Terms and conditions of the main contract
  • Original ending date
ExtensionExtension terms can include the following:

  • A statement that both parties agree to the extension
  • Terms and conditions of the agreement continuation
  • Duration of the extended contract
Dispute resolution
  • Dealing with conflicts
  • Handling a breach of contract
  • Defining possible remedies
SignatureSignature of both parties, along with the date, to confirm they have understood and agreed to the new terms and conditions, i.e., the new end date

How To Make a Contract Extension Agreement Legally Enforceable?

By signing the document, whether digitally or physically, you make the document legally binding. If any party, intentionally or unintentionally, violates the contract, they risk facing legal and disciplinary action, including a lawsuit.

Get a Personalized Contract in Minutes With DoNotPay

Creating a legal document with its specific structure and format can be a complicated process. Most people prefer handing it over to their lawyers even though the fees can be sky-high.

What if you had a better alternative? For an affordable monthly fee, DoNotPay can draw up numerous contracts and agreements you can customize to your requirements!

How to get started?

  1. Sign up for DoNotPay
  2. Enter the name of the agreement you want to make in the search box
  3. Answer our chatbot’s questions and provide required details

We will generate a personalized document within minutes! When you receive it, make it legally binding by signing or getting it notarized. Our Notarize Any Document service is integrated with the Standardized Legal Document tool, so you can do both tasks within the same app!

Check out the list of legal docs we can draft:

Real EstateBusiness ContractsOther

How Else Can DoNotPay Help You With Your Business Documents?

If you’re looking for learning material on other business agreements, DoNotPay has a massive vault of information, so check out our articles about:

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