Common use of Final clause Clause in Contracts

Final clause. 1. Any changes and amendments to this contract, or its cancellation in whole or in part, require written form for its validity and must be signed by both parties, otherwise they are invalid. Oral agreements are inadmissible. 2. The contract comes into effect upon signature by both contracting parties. 3. The contract is made in two copies one of which belongs to each contracting party. 4. The contracting parties declare that they are fully competent for legal proceedings, that they have read this contract prior to its signature, and that it has been drawn up on the basis of their free and genuine will, seriously and surely, without distress and noticeably favourable conditions. As a proof they attach their handwritten signatures below.