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It can be confusing to determine whether information should be in an exhibit, schedule, addendum, or even an amendment. Keep the following in mind: Based on these definitions, the following apply: Schedules, appendices, and annexures are all attachments. You should call them Attachment 1, not Annexure 1 or Appendix 1. Make it clear in your agreement if any of these attachments are an integral part of the contract or not. An appendix is a kind of annex. The difference between annexure and exhibit is important for anyone entering a contract to know. Addendum vs. Exhibit | UpCounsel 2023 You are fully responsible for the use of the contracts and assume all risks of such use. The annex is the addition of a document to an already existing document. In contracts, the correct use of language is very important. What is the Difference Between Introduction and What is the Difference Between Scoliosis Kyphosis and Lordosis, What is the Difference Between Cubic Zirconia and Lab-grown Diamond, What is the Difference Between ACE Inhibitors and Beta Blockers, What is the Difference Between Naphtha and Gasoline, What is the Difference Between Plasmid and Phagemid, What is the Difference Between Embryology and Paleontology. Note that addendums are often preferable to amendments, which are usually more complicated to draft because they substantively modify the terms of the original contract. Addendum vs. Appendix | Addendum & Appendix in a Contract - Video As nouns the difference between exhibit and appendix is that exhibit is an instance of exhibiting while appendix is something attached to something else; an attachment or accompaniment. A coda (which comes from the Latin word for tail) or codetta (little tail) is a section attached to the end of the composition, which brings the music to a close. Terms like addendum, exhibit, and annex also refer to supplementary materials that are attached to the main document. Appendices are often statistical, historical or technical. An exhibit refers to a document or paper that is presented during a court hearing or trial. Be sure you know which attachments make changes to your original agreement and which ones don't. When repeat symbols are in the stave, there may be a second ending to the repeated section to facilitate the transaction into the next section of the composition. A collection agency is a company that anyone, including lenders, creditors, and business owners, can hire to An Opinion Piece by Elena Favaro VianaWhen I was a new lawyer, I spent the initial few months trying to build out my network. Copyright 2022 by The On-Campus Writing Lab& The OWL at Purdueand Purdue University. It provides related but supplementary material to the main document. In a service contract, a schedule might consist of a price list or a list of services to be provided. An annex differs from an appendix in the fact that it can be considered without having to review the main text. You should consult with a legal professional. When parties enter a contract, the goal is to ensure that both parties understand what they are agreeing to, which is crucial for avoiding misunderstandings and disputes. [contact-form-7 id="40123" title="Global popup two"]. An annex, on the other hand, is usually a standalone document that offers additional information than contained in the main document. Or the composer may instruct the musician to go back to a notated sign in the music by saying dal segno or D.S.. Exhibits are not considered to be part of the definitive agreement. An exhibit can also be used as a supplement to a contract. Annex is placed at the end of a document and contains information that is a part of the main text. By placing schedules at the end, the main contract won't be as long and complicated. Need Professional Help? The second category of exhibits relates to stand-alone, ancillary agreements that the parties fully-negotiate.