Agreement to Extend Performance Date
This Agreement to Extend Performance Date acknowledges that the original contract cannot be performed/completed by the original contracted date, and both parties mutually wish to extend that date.
It is important to note that execution as a deed is required to ensure that an agreement such as this is legally binding as all other forms of contractual consideration are largely absent. The formalities for executing a document as a deed should be fully understood before proceeding. Please refer to the following document for further guidance: Guidance Note: Formalities for Signing Contracts.
Depending upon the type of party signing (e.g. a company, sole trader, partnership, LLP, etc.) the form of execution clause used in a deed will vary. Model execution clauses are included in the above guidance notes and should be used in place of the basic single-director clauses included in this template as appropriate.
Optional phrases / clauses are enclosed in square brackets. These should be read carefully and selected so as to be compatible with one another. Unused options should be removed from the document.
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