Modifications, Alterations and Amendments Sample Clauses
The "Modifications, Alterations and Amendments" clause defines the process by which changes to the contract can be made after it has been executed. Typically, this clause requires that any changes, whether minor or significant, must be agreed upon by all parties and documented in writing, often with signatures from authorized representatives. By establishing a clear procedure for making adjustments, this clause ensures that all parties are aware of and consent to any modifications, thereby preventing misunderstandings and disputes over unauthorized or informal changes.
Modifications, Alterations and Amendments. Company reserves the right to modify, alter or amend this Agreement prospectively upon written notice to Employee. Such modifications shall not affect commissions earned but not paid. Employee’s continued employment after written notice of the modification, alteration or amendment shall constitute Employee’s acceptance of the modification, alteration or amendment. No modification, alteration or amendment of Employee’s at-will status is effective, however, unless it is in writing and signed by Employee and an officer of Company.
