Addenda Clause Example from Business Contracts

This example Addenda clause appears in 2 contracts from 1 company

Addenda. Notwithstanding any provision of this Agreement to the contrary, the Units shall be subject to any special terms and conditions for the Participant's country of residence as are forth in an applicable addendum to the Agreement, if any (the "Addendum"). Further, if the Participant transfers residence to another country reflected in an Addendum to the Agreement, the special terms and conditions for such country will apply to the Participant to the extent the Company determines, in its sole discret...ion, that the application of such terms and conditions is necessary or advisable in order to comply with local laws, rules and/or regulations or to facilitate the operation and administration of the Units or the Plan (or the Company may establish alternative terms and conditions as may be necessary or advisable to accommodate the Participant's transfer of residence). Any applicable Addendum shall constitute part of this Agreement. View More