Section V MODIFICATIONS Sample Clauses

The "Section V MODIFICATIONS" clause defines the procedures and requirements for making changes to the terms of an agreement after it has been executed. Typically, this clause specifies that any modifications must be made in writing and agreed upon by all parties involved, ensuring that verbal agreements or informal changes are not considered valid. By establishing a clear process for amending the contract, this clause helps prevent misunderstandings and disputes over unauthorized or ambiguous changes, thereby ensuring that all parties are aware of and consent to any alterations.