This document is intended to serve as a glossary of terminology applicable to software development and computerized systems in FDA regulated industries. It will facilitate consistency in describing the requirements of the law and regulations applicable to such products and systems. It is also a resource for investigators who conduct inspections and investigations involving software and computerized systems. The organization of this document is primarily alphabetical.
Usually it is a case of a contract expiring before weâve finished completing the services under the contract. We then draft an amendment, with an amendment effective date prior to the expiration date. The amendment references the agreement, provides for a new termination date, and then reaffirms the agreement.
Put a new contract in writing. Ideally, if you would like to extend a contract, you should do so in writing rather than verbally. You can either complete a new contract for the new term or modify the existing contract to reflect the new end date.f both parties agree without coercion, then the contract may be terminated as of the date of the partiesâ agreement. 1  Such a mutual agreement to end the contract may occur for several reasons. 2  For example, a mutual agreement might be reached if neither party wants what the other party has offered under the contract.