# Adjustment Agreement
**This Adjustment Agreement** ("Agreement") is made and entered into as of the ___ day of __________, 20__ (the "Effective Date"), by and between:
**Party A**: [Full Legal Name],
Address: [Complete Address],
Email: [Email Address],
Phone: [Phone Number]
**AND**
**Party B**: [Full Legal Name],
Address: [Complete Address],
Email: [Email Address],
Phone: [Phone Number]
**Collectively referred to as the "Parties".**
## RECITALS
WHEREAS, the Parties entered into a prior agreement dated __________, 20__ (the "Original Agreement");
WHEREAS, the Parties wish to adjust the terms of the Original Agreement as set forth herein;
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the Parties hereby agree as follows:
## 1. Adjustment of Terms
The Parties agree to modify the following terms of the Original Agreement:
- **Section 1.1 - Payment Terms**
- Original Payment Terms: [Describe original payment terms]
- Adjusted Payment Terms: [Describe new payment terms]
- **Section 1.2 - Duration of Agreement**
- Original Duration: [Describe original duration]
- Adjusted Duration: [Describe new duration]
- **Section 1.3 - Scope of Work**
- Original Scope: [Describe original scope]
- Adjusted Scope: [Describe new scope]
## 2. Ratification of Original Agreement
Except as expressly modified by this Agreement, all terms and conditions of the Original Agreement shall remain in full force and effect. The Parties hereby ratify and confirm the Original Agreement as adjusted by this Agreement.
## 3. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of __________.
## 4. Entire Agreement
This Agreement constitutes the entire understanding between the Parties with respect to the subject matter hereof and supersedes all prior agreements, understandings, and negotiations, whether written or oral, related to such subject matter.
## 5. Amendments
This Agreement may only be amended or modified by a written instrument signed by both Parties.
## 6. Severability
If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue to be valid and enforceable to the fullest extent permitted by law.
## 7. Counterparts
This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
---
**IN WITNESS WHEREOF**, the Parties hereto have executed this Adjustment Agreement as of the Effective Date.
**Party A**:
_______________________________
[Full Legal Name]
Date: ________________
**Party B**:
_______________________________
[Full Legal Name]
Date: ________________
---
*Note: This is a sample template and may need to be customized based on specific legal requirements or individual circumstances. It is advisable to consult a legal professional when drafting contracts.*