Friday, January 22, 2010

EXTENDED DATE FOR PERFORMANCE

EXTENDED DATE FOR PERFORMANCE
This Extended Date for Performance Agreement (the "Agreement") is made and effective this [DATE],

BETWEEN: [YOUR COMPANY NAME] (the "First party"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at:

[YOUR COMPLETE ADDRESS]

AND: [SECOND PARTY] (the "Second party"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE] of [STATE/PROVINCE], with its head office located at:

[ADDRESS]

In consideration of the mutual covenants contained in this agreement, the parties agree as follows:

WHEREIN said Agreement expires on [DATE], and the parties desire to extend and continue said Agreement; it is provided that said Agreement shall be extended for an additional term of [TIME PERIOD], commencing upon the expiration of the original term and expiring on [DATE].

Said agreement provides that completion or performance shall be made on or before [DATE], (the “Performance date”).

The parties hereby agree that the date for performance be continued and extended to [DATE], with no other change in terms or further extension intended.

IN WITNESS WHEREOF, the parties have executed this agreement at [DESIGNATE PLACE OF EXECUTION] on [DATE].

FIRST PARTY SECOND PARTY

Authorized Signature Authorized Signature

Print Name and Title Print Name and Title

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