A change-of-name agreement is a legal document signed by both a contractor and the government. This agreement acknowledges that the contractor has legally changed their name while ensuring that all original rights and obligations in their contract remain intact. It serves to formalize the name change without disrupting the existing contractual relationship.
Change-of-name agreements are commonly used in various legal contexts, particularly in contract law. They are essential in government contracts where a contractor may change their business name due to rebranding, mergers, or other reasons. This agreement helps maintain clarity in legal documents and ensures that all parties are aware of the name change while preserving the integrity of the contract.
Here are a couple of examples of abatement:
Example 1: A contractor named "ABC Construction, Inc." changes its name to "ABC Builders, LLC." They execute a change-of-name agreement with the government to ensure that their existing contracts are still valid under the new name.
Example 2: A government contractor undergoes a merger and adopts a new name. They must enter into a change-of-name agreement to reflect this change in all their existing contracts with the government. (hypothetical example)
If you are a contractor planning to change your name, it's important to execute a change-of-name agreement with the government to maintain your contractual rights. You can find templates for this agreement on US Legal Forms, which can help simplify the process. However, if your situation is complex or involves significant legal implications, consider consulting a legal professional for assistance.
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| Attribute | Details |
|---|---|
| Document Type | Legal agreement |
| Parties Involved | Contractor and government |
| Purpose | Acknowledge name change |
| Effect on Contracts | No disruption to original terms |
It is a legal document that acknowledges a contractor's name change while keeping their original contractual rights intact.