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Addendum Contract

This addendum modifies an existing employment agreement between an employee and a company. It changes the employee's job title and increases their base compensation to a specified monthly amount. It also provides for the employee to receive a commission. All other terms of the original employment agreement remain in effect except for the changes outlined in this addendum. The document is signed by both parties to indicate their agreement to the modifications.
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100% found this document useful (4 votes)
15K views1 page

Addendum Contract

This addendum modifies an existing employment agreement between an employee and a company. It changes the employee's job title and increases their base compensation to a specified monthly amount. It also provides for the employee to receive a commission. All other terms of the original employment agreement remain in effect except for the changes outlined in this addendum. The document is signed by both parties to indicate their agreement to the modifications.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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1ADDENDUM TO EMPLOYMENT AGREEMENT - draf

205 CHESNU T ST REET W EST FAI RVI EW, Q UEZ O N CI T Y, ME T RO MA NI LA , P HI LI P P I NE S 111 8 E MAI L: jmbuil dersp h@ gma il. com T E L: (02) 718 2021

Employee’s Name

ADDENDUM TO AN EXISTING EMPLOYMENT AGREEMENT

THIS ADDENDUM TO EMPLOYMENT AGREEMENT (the “Agreement”) was made by and between ____
(the “Company”), with office address at ____ and ___ (“Employee”), with residence address at ____ on
___ 2020 set forth below.

WHEREAS, the parties wish to modify the terms of the Employment Agreement dated ___ as set forth
herein.

NOW THEREFORE, the parties hereby agree that the following constitutes modifications of the terms and
conditions in the Employment Agreement dated ____.

1. Paragraphs 1.1 and 1.2 of Commencement of Employment are deleted and replaced with the
following:

1.1 Position. The Company agrees to employ Employee to act as a ___.

1.2 Term. Your terms and conditions of employment are described in Annex B and such further
duties and responsibilities as the Company may delegate to you from time to time.

2. The Job Title and Paragraph 1 of Annex A are deleted and replaced with the following:

Job Title: (indicate here new title)

1.1 Base Compensation. For all services rendered by Employee under this Employment
Agreement, the Company agrees to pay Employee ___ per month.

3. The Company agrees to give commission to the Employee ___

4. The Parties reaffirm no other terms or conditions of the above mentioned Employment Agreement
not hereby otherwise modified or amended shall be negated or changed as a result of this here stated
addendum.

IN WITNESS WHEREOF, the Parties have executed this Agreement on the date first written above.

Conforme:
_____________________________

By: Date: ________________________

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