Simple English definitions for legal terms
Read a random definition: Federal Maritime Commission
Extension Agreement: An agreement that gives more time to complete the original agreement.
An extension agreement is a legal document that provides additional time for the performance of a basic agreement. It is a written agreement between two parties that extends the deadline for the completion of a project or task.
These examples illustrate how an extension agreement can be used to modify the terms of an existing agreement. In both cases, the parties involved agreed to extend the deadline for the completion of a project or task. This allowed them to continue working together and avoid any legal disputes that may have arisen if the original agreement was not fulfilled on time.