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  2. Addendum - Wikipedia

    en.wikipedia.org/wiki/Addendum

    It is an ad hoc item, usually compiled and executed after the main document, which contains additional terms, obligations or information. An Additional Agreement to a contract is often an addendum to a contract and is simply referred to as being an extension or addition to a main contract.

  3. Side letter (contract law) - Wikipedia

    en.wikipedia.org/wiki/Side_letter_(contract_law)

    Law portal; A side letter or side agreement or side letter arrangement is an agreement that is not part of the underlying or primary contract or agreement, and which some or all parties to the contract use to reach agreement on issues the primary contract does not cover or for which they require clarification, or to amend the primary contract.

  4. Legal instrument - Wikipedia

    en.wikipedia.org/wiki/Legal_instrument

    Legal instrument is a legal term of art that is used for any formally executed written document that can be formally attributed to its author, [1] records and formally expresses a legally enforceable act, process, [2] or contractual duty, obligation, or right, [3] and therefore evidences that act, process, or agreement. [4] [5] Examples include ...

  5. Memorandum of understanding - Wikipedia

    en.wikipedia.org/wiki/Memorandum_of_understanding

    In business, an MoU is typically a legally non-binding agreement between two (or more) parties, outlining terms and details of a mutual understanding or agreement, noting each party's requirements and responsibilities—but without establishing a formal, legally enforceable contract (though an MoU is often a first step towards the development of a formal contract).

  6. Invitation to treat - Wikipedia

    en.wikipedia.org/wiki/Invitation_to_treat

    A contract is a legally binding voluntary agreement formed when one person makes an offer, and the other accepts it. There may be some preliminary discussion before an offer is formally made. Such pre-contractual representations may include "invitations to treat", "requests for information" or "statements of intention".

  7. Contractual term - Wikipedia

    en.wikipedia.org/wiki/Contractual_term

    Conditions are major provision terms that go to the very root of a contract breach of which means there has been substantial failure to perform a basic element in the agreement. Breach of a condition will entitle the innocent party to terminate the contract. [3] A warranty [4] is less imperative than a condition, so the contract will survive a ...

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