Research and Development Amendment Agreement

There are occasions when the parties to a Research and Development Agreement concur that the existing agreement should be amended or modified. This Amendment to Research and Development Agreement will effectively amend an existing agreement. This amendment sets out the particulars regarding the existing agreement and the provisions or terms to be altered or changed. It also sets out that the remaining provisions of the existing agreement will remain in effect. Having a written Amendment to Research and Development Agreement is crucial in the event there are questions or misunderstandings between the parties regarding the modifications or amendments. (continued ...)