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An addendum is an addition to a finished document, such as a contract. The most common addendum is an attachment or exhibit at the end of such a document. For example, a contract to manufacture widgets may have an addendum listing the specifications for said widgets.

What is the difference between an addendum and an appendix? An addendum is a supplement or an addition to something that already exists. An appendix, on the other hand, is a collection of supplementary material, usually at the end of a report, book, or document.

A contract amendment allows the parties to make a mutually agreed-upon change to an existing contract. An amendment can add to an existing contract, delete from it, or change parts of it. The original contract remains in place, only with some terms altered by way of the amendment.

A contract amendment is a change, correction, clarification, or deletion to an agreement you have already signed. An amendment leaves your original agreement substantially intact.

It is not illegal to alter a contract once it has been signed. However, it must be materially changed, meaning that if an important part of the contract is altered by the change, it must be made by mutual consent of both parties.

An amendment is typically used to change something that's part of an original contract. Think of amendments as modifications to the earliest agreement (for example, altering an agreed-upon deadline). An addendum is used to clarify and add things that were not initially part of the original contract or agreement.

Addendum to the contract, also called contract amendment or an amending agreement, is any document added after the signing of the agreement to modify its terms.

A contract modification refers to a situation where the contracting parties agree to change the terms of their original agreement.Depending on the needs of the parties, a contract may be modified in whole or in part. Modifications can also be made after a contract is executed or even before a contract is signed.

If a contract already exists and you and the other party want to modify some element of it -- whether it's an addition, deletion, correction, or similar change -- an amendment is an ideal solution.

It is not illegal to alter a contract once it has been signed. However, it must be materially changed, meaning that if an important part of the contract is altered by the change, it must be made by mutual consent of both parties.