# Renewal Agreement
**This Renewal Agreement (the "Agreement") is made and entered into as of [Date] by and between:**
**[First Party Name]**
[Address]
[City, State, Zip Code]
(Hereinafter referred to as the "First Party")
and
**[Second Party Name]**
[Address]
[City, State, Zip Code]
(Hereinafter referred to as the "Second Party")
**RECITALS**
WHEREAS, the First Party and the Second Party entered into a contract dated [Original Contract Date] (the "Original Agreement"); and
WHEREAS, the parties wish to renew the Original Agreement under the terms and conditions set forth herein.
**NOW, THEREFORE, in consideration of the mutual covenants and conditions contained herein, the parties agree as follows:**
## 1. RENEWAL OF ORIGINAL AGREEMENT
The Original Agreement is hereby renewed for an additional term of [Duration] starting from [Start Date of the New Term] and ending on [End Date of the New Term], unless terminated earlier in accordance with the terms specified in the Original Agreement.
## 2. TERMS AND CONDITIONS
All terms and conditions of the Original Agreement shall remain in full force and effect, except as modified herein.
### A. [Specify any changes to the terms]
- [Change 1]
- [Change 2]
### B. Payment Terms
The payment terms outlined in the Original Agreement shall continue unless the following changes are made:
- [Specify any changes in payment terms, if any]
## 3. REPRESENTATIONS AND WARRANTIES
Each party represents and warrants that:
- It has the power and authority to enter into this Agreement.
- This Agreement constitutes a legal and valid obligation, binding on the parties in accordance with its terms.
## 4. GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the laws of the State of [State].
## 5. ENTIRE AGREEMENT
This Agreement, together with the Original Agreement, constitutes the entire understanding between the parties regarding the subject matter hereof and supersedes all prior discussions or agreements.
## 6. AMENDMENTS
No modification or amendment to this Agreement shall be valid unless in writing and signed by both parties.
## 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 have executed this Renewal Agreement as of the day and year first above written.
___
**[First Party Name]**
Signature: _______________________
Name: ___________________________
Title: ____________________________
Date: ____________________________
___
**[Second Party Name]**
Signature: _______________________
Name: ___________________________
Title: ____________________________
Date: ____________________________
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*This document is a template and may need to be customized to meet specific legal requirements. It is advisable to consult with legal counsel before finalizing any contracts.*