The Software Enhancements Development Addendum is used to append an existing software development agreement to specify additional enhancements to be developed.
Software Enhancements Development Addendum
THIS AGREEMENT (hereinafter "Addendum No. 1") made and entered into this ..... day of , 20 , by and between (hereinafter the "Developer"), and (hereinafter the "Customer"):
WHEREAS, Developer and Customer, by Agreement dated , 20
(the "Agreement") contracted for the development by Developer of certain computer software ("Subject Programs") and related documentation and the license thereof to Customer;
WHEREAS, Customer desires that Developer design, develop, and license to Customer on the terms and conditions set forth herein certain additional functions to the Subject Programs as hereinafter set forth, said additional functions hereinafter being referred to as the Enhancements; and
WHEREAS, Developer is ready, willing, and able to design, develop, and license the Enhancements to Customer on the terms and conditions set forth herein;
NOW THEREFORE, in consideration of the premises, as well as the obligations, herein made and undertaken, the parties, intending to be legally bound; hereby covenant and agree as follows:
PURPOSE OF ADDENDUM NO. 1; INCORPORATION INTO THE AGREEMENT
1.1 Purpose. This Addendum No. 1 is entered into for the purposes of defining the rights and obligations of the parties hereto respecting the design, development, and licensing of the Enhancements.