The Confirmation Extension Letter is commonly used in Singapore business practice when parties wish to extend their existing contractual relationship beyond its original term. This document type provides a streamlined approach to contract extension without the need for a completely new agreement. It includes essential details such as the original agreement reference, extension period, and any modifications to existing terms. Under Singapore law, the Confirmation Extension Letter must comply with basic contract formation principles and may require consideration if terms are modified.
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1. Letter Header: Date, recipient details, and reference numbers
2. Reference to Original Agreement: Clear identification of the original agreement being extended, including original date and parties
3. Extension Period: Specific details of the new extension period, including start and end dates
4. Confirmation of Other Terms: Statement confirming that all other terms and conditions of the original agreement remain unchanged
5. Signature Block: Space for signatures, dates, and company stamps if required
1. Modified Terms: Section detailing any terms that will change during the extension period
2. Consideration Statement: Statement of consideration when there is a change in commercial terms
3. Conditions Precedent: Any conditions that must be met for the extension to be effective
1. Copy of Original Agreement: Attachment of the original agreement being extended for reference
2. Schedule of Modified Terms: Detailed list of any terms being modified during the extension period
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