Existing Direct Contracts Clause Samples

The 'Existing Direct Contracts' clause defines how current agreements between the parties, which are already in place before the new contract is signed, are treated under the new arrangement. Typically, this clause clarifies whether these prior contracts will remain in effect, be superseded, or require amendment to align with the new agreement. For example, it may specify that ongoing service contracts or supply agreements continue unchanged, or that certain terms are overridden by the new contract. The core function of this clause is to prevent conflicts or confusion between old and new agreements, ensuring all parties understand the status of their existing obligations.