Amendment of Schedule B Clause Samples

The "Amendment of Schedule B" clause establishes the process by which changes can be made to Schedule B of the agreement. Typically, this clause outlines who has the authority to propose or approve amendments, the required form such changes must take (such as written agreement), and any notice periods or procedures that must be followed. For example, it may require both parties to sign a written document to effect any modifications to the schedule. The core function of this clause is to ensure that any alterations to Schedule B are made transparently and with mutual consent, thereby preventing unauthorized or unilateral changes and maintaining the integrity of the agreement.