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Order today Term Extension Addendum Legal Template online! You can use this template when you’ve agreed on an extension of the initially agreed contractual period or when you agree on a suspension for a certain period of time or whatever other new term arrangement that you’ve made with your client or partner, after signing the main contract. Any new terms should be made in writing with your client or contractual partner, dated, and signed by both parties. When you change the initially agreed term, make sure to expressly state also what are the consequences of such a term change, for instance on the fee or payments, or perhaps on their access to certain resources within your platform, resources, etc. Failure to sing a written addendum may result in conflicts later down the road.