Can this addendum be signed electronically?

Yes. Under the federal ESIGN Act (15 U.S.C. §7001) and state UETA provisions, electronic signatures are generally enforceable if intent, consent, attribution, and reproducible retention are satisfied. Certain narrow exceptions (e.g., wills) may still require wet signatures.

Who can sign for a company?

A person with explicit corporate signing authority should sign. Board resolutions or editorials in bylaws can establish authority; absent that, request a certificate of incumbency or a corporate resolution to confirm the signer.

Is notarization required?

Notarization depends on the state and the document purpose. Real estate-related changes typically require notarization; other commercial addenda often do not. Check state notary rules or consult counsel for specific requirements.

How do I correct a signed addendum?

Do not alter an executed document. Prepare a corrective addendum or amendment signed by all parties, or execute a replacement addendum with a clear reference to the superseded document to avoid disputes.

What records should be retained?

Retain the executed PDF, audit trail (IP, timestamps), and any attachments. Follow IRS and HIPAA retention rules where applicable; keep contract records accessible for audits.

Which e-sign plan supports bulk or high-volume use?

SignNow plan tiers include Business, Business Premium (adds bulk send and kiosk modes), Enterprise, and Site License options for high-volume signature invites; choose a plan aligned to volume and integration needs.

Electronic Signature
Templates
Miscellaneous
Business Services Added Fastrak

Business Services Added Fastrak

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

Business Services Added Fastrak

This Addendum entitled "Business Services Added Fastrak" (the "Addendum") is made effective as of by and between:

Client Name: Service Provider Name:

WHEREAS

WHEREAS, Client has engaged Service Provider pursuant to a master services agreement or related contractual arrangement and desires to add specific services and deliverables under the brand name "Fastrak" as described in this Addendum; and

WHEREAS, Service Provider has the capability, personnel, systems and licenses necessary to perform the Fastrak services and agrees to perform such services in accordance with the terms and conditions set forth in this Addendum; and

WHEREAS, the parties intend for this Addendum to modify and supplement the existing agreement between the parties, but not to otherwise alter any unrelated obligations, except as expressly stated herein.

1. Scope of Work

Service Provider shall provide the Fastrak services described below. Services shall be performed in a professional and workmanlike manner consistent with industry standards and the schedules stated herein. Any material changes to the scope shall require written authorization from both parties.

Detailed Description of Services (Scope of Work): Additional Service Options (select all that apply):

Account setup and onboarding Transaction processing Reporting and reconciliations Training and support

2. Payment Terms

In consideration for the services described in Section 1, Client shall pay Service Provider in accordance with the terms below. All fees are due in United States dollars unless otherwise agreed in writing.

Total Fee for Added Fastrak Services: Payment Schedule / Milestones:

Late payments will accrue interest and fees as described below.

Late Fee:

Service Provider may suspend performance for any invoice unpaid more than the number of days specified in the payment schedule, provided Service Provider gives at least five (5) days' written notice prior to suspension.

3. Term and Termination

This Addendum shall commence on the Start Date and continue through the End Date unless earlier terminated in accordance with this Section.

Start Date: End Date:

Either party may terminate this Addendum for convenience upon providing written notice to the other party at least days prior to the effective termination date. Either party may terminate immediately for material breach by the other party if such breach remains uncured for thirty (30) days after receipt of written notice specifying the breach.

4. Confidentiality

Each party acknowledges that in the course of performing under this Addendum it will have access to confidential and proprietary information of the other party ("Confidential Information"). Confidential Information shall include non-public business information, customer data, pricing, trade secrets, and technical materials. Each party agrees to (a) hold Confidential Information in strict confidence, (b) not disclose Confidential Information to any third party except as permitted by this Addendum, and (c) use Confidential Information only to perform its obligations under this Addendum. Confidential Information does not include information that is or becomes publicly available through no fault of the receiving party, or information rightfully received from a third party without restriction.

Exceptions (if any):

5. Governing Law

This Addendum shall be governed by and construed in accordance with the laws of the state of without regard to its conflicts of law principles. Venue for any dispute arising under this Addendum shall be in the state or federal courts located within that state.

6. Entire Agreement; Amendment

This Addendum, together with the underlying master services agreement and any exhibits or schedules expressly incorporated herein, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings relating to the subject matter. This Addendum may not be amended except by a written instrument signed by authorized representatives of both parties.

7. Miscellaneous

Neither party may assign its rights or delegate its obligations under this Addendum without the prior written consent of the other party, except that either party may assign this Addendum in connection with a merger, acquisition or sale of all or substantially all of its assets. If any provision of this Addendum is held invalid or unenforceable, the remaining provisions shall continue in full force and effect. The parties agree to execute and deliver such further documents and do such further acts as may be reasonably necessary to carry out the intent of this Addendum.

Additional Terms or Notes:

Client

Printed Name:

By:

Date:

Service Provider

Printed Name:

By:

Date:

What the Business Services Added Fastrak document is

The Business Services Added Fastrak is a standardized addendum used to record the addition of Fastrak-related services to an existing commercial agreement or to create a standalone service engagement. It identifies parties, defines scope, assigns fees and billing terms, and records effective and termination dates. In electronic workflows the form can be executed under ESIGN and UETA standards so long as intent, consent, attribution, and retention requirements are satisfied. The form is commonly used by vendors, procurement teams, and service operations to ensure consistent service onboarding and billing.

Why businesses use this addendum

A Business Services Added Fastrak addendum clarifies responsibilities, billing, and delivery expectations when Fastrak services are added. It reduces disputes by documenting scope, effective date, pricing, and signature authority in one record that can be retained and reproduced for compliance and audit purposes.

Who typically completes and signs this form

Several internal and external roles routinely prepare, review, or sign this addendum depending on organizational size and transaction complexity.

Procurement managers and contract administrators who add services to supplier agreements and track spend.
Service delivery or operations leads who confirm scope, SLAs, and technical attachments for Fastrak work.
Vendor account managers or authorized signers who accept terms and set billing parameters.

Parties should ensure the person signing has explicit authority and that the document is stored with the related master agreement for audit and retention purposes.

Stepwise process for completing the addendum

Follow these sequential steps to prepare, review, and execute the Business Services Added Fastrak addendum so it is complete and auditable.

01

Gather Documents: Collect master agreement, SOWs, billing terms, and relevant W-9 or tax documents.
02

Define Scope: Draft a precise scope of services and attach exhibits or technical specifications.
03

Set Fees and Dates: Confirm fee schedule, effective date, renewal and termination terms.
04

Sign and Archive: Obtain signatures, record audit trail, and store the executed addendum with the contract file.

Typical digital workflow settings for online completion

Configure the digital workflow to enforce authentication, preserve an audit trail, and route copies for accounting and legal review.

Field	Configuration
Authentication Method	Email link or SMS code; use stronger methods for sensitive deals
Kiosk Mode	Enable for in-person signing; often available on Business Premium plans
Bulk Send	Use bulk-send features for high-volume addenda distribution
Audit Trail	Capture IP, timestamp, and signer actions for compliance

Technical delivery and integration considerations

Choose platform settings and integrations that align with your document lifecycle, storage, and compliance requirements.

Integrations: Salesforce, NetSuite, Microsoft 365 supported
File formats: PDF, DOCX, and HTML accepted
Authentication: Email, SMS, KBA, or SSO options

Ensure the chosen integration preserves metadata and audit logs so signed addenda are discoverable in contract repositories and ERP systems.

How an electronic execution flow typically works

A concise four-step execution path for e-signing and delivering the addendum.

Upload Document: Sender uploads the completed addendum template to the signing platform.
Place Fields: Sender adds signature, date, and required data fields to the document.
Send to Signers: Platform sends secure signing links or invites to parties.
Archive Signed Copy: Platform returns executed PDF with certificate of completion and audit trail.

Essential components of a professional addendum

Include these six elements to make the Business Services Added Fastrak complete, enforceable, and operationally useful.

Parties

Full legal names, addresses, and contact points for each contracting party so identity and obligations are clear and verifiable.

Scope

Detailed description of services, deliverables, milestones, and acceptance criteria to reduce ambiguity and limit disputes.

Pricing

Itemized fee schedule, billing frequency, taxes, and invoicing instructions to align accounting and payment processes.

Term

Effective date, renewal provisions, notice periods, and termination rights to define contract duration and exit mechanics.

Compliance

Data handling, confidentiality, and regulatory clauses (e.g., HIPAA when applicable) to address legal requirements.

Signatures

Signature blocks with printed name, title, date, and witness or notary details when required by state law.

Common preparation errors to avoid

Using shorthand or trade names instead of the legal entity name causes payment and tax reconciliation issues.
Vague scope descriptions that lack deliverable detail often lead to change-order disputes and billing disagreements.
Missing effective or termination dates can create ambiguity about when fees or SLAs begin and end.
Failing to confirm signer authority or notarization requirements can render the addendum unenforceable in dispute.

Potential legal and financial risks

1099 Penalties: IRC §6721 penalties apply

Backup Withholding: 24% may apply for missing TIN

I-9 Violations: Form errors risk fines (8 CFR §274a.2)

Voidable Agreements: Improper signature authority risks unenforceability

HIPAA Breach Fines: Penalties for PHI mishandling may apply

Contract Disputes: Poorly defined scope increases litigation risk

Security and compliance features to check

Transport Encryption: TLS 1.2 / 1.3

Data At Rest: AES-256 encryption

Audit Standards: SOC 2 Type II available

Healthcare: HIPAA compliant (BAA required)

Regulatory: ESIGN and UETA compliant

FDA Records: 21 CFR Part 11 support

Typical vendor pricing and feature comparison

Compare starting price, trial availability, bulk send, audit trail, HIPAA support, and envelope limits across common vendors.

	signNow	DocuSign	Adobe Sign	PandaDoc	HelloSign
Starting Price	$8/user/mo	$15/user/mo	$14/user/mo	$19/user/mo	$15/user/mo
Free Trial	7-day free trial	Varies by plan	Varies by plan	Varies by plan	Varies by plan
Bulk Send	Yes	Yes	Yes	Yes	Varies
Audit Trail	Yes	Yes	Yes	Yes	Yes
HIPAA Compliant	Yes	Yes	Yes	No	No
Envelope Cap	No cap	100 envelopes/user/year	Varies by plan	Varies by plan	Varies by plan

Frequently asked questions and troubleshooting

Answers to common questions about completing, signing, and storing the Business Services Added Fastrak addendum.

Need help? Contact support

Can this addendum be signed electronically?
Yes. Under the federal ESIGN Act (15 U.S.C. §7001) and state UETA provisions, electronic signatures are generally enforceable if intent, consent, attribution, and reproducible retention are satisfied. Certain narrow exceptions (e.g., wills) may still require wet signatures.
Who can sign for a company?
A person with explicit corporate signing authority should sign. Board resolutions or editorials in bylaws can establish authority; absent that, request a certificate of incumbency or a corporate resolution to confirm the signer.
Is notarization required?
Notarization depends on the state and the document purpose. Real estate-related changes typically require notarization; other commercial addenda often do not. Check state notary rules or consult counsel for specific requirements.
How do I correct a signed addendum?
Do not alter an executed document. Prepare a corrective addendum or amendment signed by all parties, or execute a replacement addendum with a clear reference to the superseded document to avoid disputes.
What records should be retained?
Retain the executed PDF, audit trail (IP, timestamps), and any attachments. Follow IRS and HIPAA retention rules where applicable; keep contract records accessible for audits.
Which e-sign plan supports bulk or high-volume use?
SignNow plan tiers include Business, Business Premium (adds bulk send and kiosk modes), Enterprise, and Site License options for high-volume signature invites; choose a plan aligned to volume and integration needs.

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