Sales

Account Extension & Renewal Proposal Template

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Account Extension Renewal Proposal Template

Created By :
[Sender.FirstName][Client.LastName]
[Sender.Phone] [Sender Email]
Prepared For :
[Client.FirstName][Client.LastName]
[Client.Phone][Client.Email]

Renewal Agreement

This Renewal Agreement is entered into by the client and the sender, effective as of [enter renewal date]. This agreement renews and extends the original contract, [name of contract], for an additional term of [enter length of renewal]. Unless amended below, the original terms remain in effect through [enter expiration date], with any further renewal subject to mutual written agreement.

Contract details

The original contract, [name of contract], was executed on [enter date here] by the following parties.
Sender details
Name: [enter sender name]
Company: [enter sender company]
Title: [enter sender title]
Address: [enter sender street address, city, state, postal code, and country]
Phone: [enter sender phone]
Email: [enter sender email]
Client details
Name: [enter client name]
Company: [enter client company]
Title: [enter client title]
Address: [enter client street address, city, state, postal code, and country]
Phone: [enter client phone]
Email: [enter client email]

Original agreement summary

The original agreement commenced on [enter start date] and concluded on [enter end date]. It covers the following scope and responsibilities.
[Insert description of the contract's purpose and the responsibilities of each party].
This renewal extends the term of the original agreement. All terms and conditions remain unchanged unless specifically amended in this document.

Terms of renewal

As part of this renewal, the parties may renegotiate selected parts of the agreement before the renewal is finalized.
  • Renewal term: the length of the contract extension.
  • Fees: the amount payable for goods or services covered by the agreement.
  • Benefits or responsibilities: any approved changes to the obligations or benefits of either party.
Unless otherwise agreed in writing, the original agreement will continue under this renewal agreement. The parties have until [enter date] to finalize any modifications.

Areas of responsibility

Under this agreement, the parties are assigned the following responsibilities.
[Provide detailed descriptions of the obligations of each party to ensure clarity and enforceability].

Payments

Payments for products or services under this agreement shall be made as follows.
[Specify the amounts and payment frequency for each party].

Specific conditions

The client reserves the right to renegotiate this contract with reasonable modifications during the term. If the sender does not agree to the revised terms, either party may terminate the contract with 30 days' written notice.

Contract Termination

Either Party may terminate this Agreement by providing 30 days' written notice to the other Party. Any outstanding fees incurred up to the termination date shall be settled within 30 days following termination. Upon termination, all Parties agree to return any company-owned equipment, supplies, and materials related to this Agreement.

Agreement to Renew

WHEREAS, the Parties agree to extend the term of the Original Contract in accordance with its original terms and the modifications specified herein;
In consideration of the mutual promises contained in this Renewal Agreement, both [Sender.FirstName] [Sender.LastName] and [Client.FirstName] [Client.LastName] agree as follows:
  • 
    1. This contract renewal serves as an extension of the Original Contract (attached) and shall terminate on [enter expiration date].
    2. The Original Contract is extended for an additional term, beginning immediately upon the expiration of the Original Contract and continuing until [enter new expiration date].
    3. The following provisions of the Original Contract are amended as follows: [Insert any changes to the Original Contract].

    Signatures

    By signing below, the Parties confirm their agreement to the renewal terms as outlined above:
    [Sender.FirstName] [Sender.LastName]
    Title : [Sender.Title]
    Click to sign
    SENDER
    Select date*
    [Client.FirstName][Client.LastName]
    Title : [Client.Title]
    Signature:
    Click to sign
    Select date*

    Trusted by 1,100+ businesses that sell expertise

    Evoke Strategy
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    Infosys
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    Growlity
    Evoke Strategy
    Uffizio
    Charge&Go
    Aktiv
    Story99
    Scribd
    Prolexity
    Hero
    Accenture
    Vyapar
    Storyboard Films
    Infosys
    TCS
    FinoWorks Technologies
    Growlity

    What's Included

    Everything you need to create a professional proposal

    Professional Design

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    How to Use This Template

    Get started with your professional proposal in just a few simple steps

    1

    Choose Template

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    2

    Customize Content

    Fill in your details, add your branding, and tailor the content to your needs

    3

    Send & Track

    Send your proposal to clients and track when they view and approve it

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    Frequently Asked Questions

    Everything you need to know about using this template

    Yes! All ProposalBiz templates are fully customizable. You can modify text, add your branding, adjust colors, include your logo, add or remove sections, and tailor every aspect to match your business needs and client requirements.
    You can export your proposal in multiple formats including PDF, Word (DOCX), and as a shareable web link. Each format maintains your professional design and branding.
    Not at all! Our templates are professionally designed and ready to use. Simply fill in your content, and the template automatically maintains professional formatting and design.
    Yes! ProposalBiz includes built-in tracking that shows you when clients open your proposal, how long they spend on each section, and whether they've shared it with others.
    Absolutely! All proposals include legally binding e-signature functionality. Clients can sign directly from any device without downloading or printing.

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