Can the addendum be signed electronically?

Yes. Electronic signatures are generally enforceable under the ESIGN Act (15 U.S.C. ch. 96, 2000) and UETA where adopted; ensure signatory intent, consent, attribution, and reliable record retention are documented.

Is notarization ever required?

Not typically for commercial pricing amendments, but state law or specific contract language may require notarization or witness signatures for certain instrument types; verify with counsel if uncertain.

How do I correct an executed addendum?

Prepare a signed amendment or replacement addendum referencing the original. Avoid hand‑altering executed copies; instead use a clear, separately executed correction with signer initials and dates.

What authentication is recommended for eSigning?

Use at least email authentication and consider SMS codes or ID verification for higher‑risk agreements; stronger authentication aids enforceability and auditability.

Where should the executed addendum be stored?

Keep the signed copy with the master contract in a secure contract repository or records system with access controls and retention settings aligned to legal and tax requirements.

Who should review the addendum before signature?

Have legal review material pricing changes and finance review billing, taxes, and accounting impacts to reduce risk and ensure consistent internal controls.

Electronic Signature
Templates
Finance
Pricing Agreement Addendum

Pricing Agreement Addendum

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

PRICING AGREEMENT ADDENDUM

This Pricing Agreement Addendum ("Addendum") is entered into as of Effective Date: by and between Supplier Name: and Customer Name: .

RECITALS

WHEREAS, the parties entered into a Master Agreement titled dated (the "Agreement"); and

WHEREAS, the parties desire to amend the Agreement to specify new pricing, effective terms, and related payment provisions as set forth herein.

AMENDMENT — PRICING SCHEDULE

The Agreement is amended by replacing or supplementing the pricing provisions with the Pricing Schedule below. Prices set forth herein shall apply to all orders placed on or after the Pricing Effective Date below unless superseded by a later written amendment signed by both parties.

Pricing Effective Date

Item No.	Description	Quantity	Unit Rate	Amount
1
2
3
4
Subtotal
Discounts / Allowances
Tax
Shipping / Handling
Total Due

TERM AND RENEWAL

The pricing set forth in this Addendum shall remain in effect from Start Date: through End Date: unless earlier terminated in accordance with the Agreement.

Renewal: Automatic renewal for successive terms of unless either party provides written notice of non-renewal at least prior to the then-current term expiration.

PRICE ADJUSTMENT

Adjustments to pricing during the term shall be governed by the following mechanism. Frequency of adjustment: . Maximum permitted increase per annum (unless otherwise mutually agreed) shall not exceed .

Any price change proposed by Supplier must be provided in writing no less than prior to the effective date of such change and shall be subject to Customer's right to terminate pursuant to the Agreement if the parties do not agree to the change.

PAYMENT TERMS

Payment terms for amounts due under this Addendum: Net days from invoice receipt. Accepted payment methods:

ACH / Bank Transfer Check Credit Card Wire Transfer

Late payments shall bear interest at the rate of or the maximum rate permitted by law, whichever is lower. Supplier reserves the right to suspend performance for invoices overdue by more than days.

TAXES AND ADDITIONAL CHARGES

All prices are exclusive of applicable sales, use, excise or other taxes, duties, and assessments ("Taxes"). Customer shall be responsible for all Taxes associated with the transactions under this Addendum, except for taxes based on Supplier's net income.

CONFIDENTIALITY

The pricing and commercial terms set forth in this Addendum constitute Confidential Information of the disclosing party. Each party shall treat such information in accordance with the confidentiality provisions of the Agreement. Disclosure of pricing is permitted only to the extent required for internal budgeting or as required by law with prior notice and opportunity to seek protective measures.

MISCELLANEOUS

Except as expressly amended by this Addendum, all other terms and conditions of the Agreement remain in full force and effect. In the event of any conflict between this Addendum and the Agreement, the terms of this Addendum shall prevail solely with respect to the subject matter hereof.

Governing Law: . Venue for any dispute shall be in the courts of the chosen jurisdiction unless the Agreement provides otherwise.

NOTICES

All notices required or permitted under this Addendum shall be sent to the addresses below:

Supplier Notice Address

Customer Notice Address

ADDITIONAL TERMS (IF ANY)

ACKNOWLEDGMENT

Each party represents and warrants that it has full corporate power and authority to execute and deliver this Addendum and to perform its obligations hereunder. This Addendum may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument.

Supplier Printed Name:

By:

Date:

Title:

Customer Printed Name:

By:

Date:

Title:

What the Pricing Agreement Addendum Is

A Pricing Agreement Addendum is a written amendment to a primary contract that defines or modifies pricing terms, fee schedules, discounts, escalation formulas, billing intervals, and payment mechanics. It attaches to and becomes part of the underlying agreement, clarifying how charges are calculated, when price changes may occur, and which services or products are covered. The addendum typically includes an effective date, reference to the base contract, roles for billing and invoicing, dispute resolution language, and signature blocks for authorized representatives of each party.

Why a Clear Pricing Addendum Matters

A well‑drafted Pricing Agreement Addendum reduces billing disputes, creates predictable revenue flows, and documents the parties’ mutual expectations for price changes and service scope.

Who Typically Prepares and Signs a Pricing Addendum

Business and legal teams prepare addenda to align commercial, procurement, and billing functions with contract terms.

Sales and account managers responsible for commercial terms and client negotiations.
Procurement or vendor management teams ensuring vendor compliance and pricing controls.
CFO or finance staff for approval of billing cadence, taxes, and invoicing procedures.

Signatories usually include authorized contracting officers, finance leaders, or delegated managers with signing authority under the base agreement.

Core Elements to Include in a Professional Addendum

Include explicit pricing mechanics, effective and expiration dates, scope boundaries, invoicing schedules, escalation rules, and an authorized signature block to avoid ambiguity.

Effective Date

Specify MM/DD/YYYY effective date and whether changes are retroactive or prospective; link to the base contract date.

Pricing Table

Itemize line items, unit measures, quantities, discounts, and per‑unit rates so each charge maps to a contract deliverable.

Escalation Formula

Define index (CPI, PPI, fixed percent), calculation frequency, rounding rules, and maximum annual increases if applicable.

Billing Terms

State payment due days (net 30), late fee rates, tax responsibility, electronic invoicing method, and remittance details.

Change Control

Describe approval path for future price changes, required notices, and any one‑time adjustment processes.

Signatory Authority

List authorized signers, their titles, signature date fields, and any required notarization or witnessing instructions.

Required Information and Fields

Party Names: Legal entity names

Effective Date: MM/DD/YYYY

Pricing Lines: Unit, rate, quantity

Payment Terms: Net days, late fees

Reference Contract: Base agreement ID

Signature Block: Name, title, date

Penalties and Risks of Errors

Breach Liability: Damages or termination risk

Late Payment Fees: Interest and collection costs

Tax Exposure: Incorrect tax handling risk

Dispute Escalation: Arbitration or litigation costs

Regulatory Noncompliance: Industry fines possible

Void Amendments: Invalid if unsigned or unauthorized

Common Preparation Pitfalls to Avoid

Leaving pricing formulas vague or without defined indices leads to differing interpretations and billing disputes between parties.
Omitting the reference to the base contract or mismatching contract identifiers can create ambiguity about which terms govern.
Failing to state whether price changes are retroactive or prospective often triggers disagreement and potential claims for refunds.
Not confirming authorized signers or exceeding delegated authority risks invalidation of the addendum and enforcement challenges.

Step‑by‑Step: Completing a Pricing Agreement Addendum

Follow this sequence to draft, review, and execute the addendum while preserving auditability and enforceability.

01

Draft: Populate fields, attach pricing schedules, and cite base agreement.
02

Review: Legal and finance confirm calculations and tax treatment.
03

Authorize: Obtain signatures from delegated signatories.
04

Record: Store executed copy with contract repository and accounting.

How to Configure an Online Pricing Addendum Workflow

Configure roles, authentication, and routing so each signatory receives the correct version and the platform captures a complete audit trail.

Field	Configuration
Recipient Roles	Define signer, approver, and reviewer roles with email addresses
Authentication	Choose email link, SMS code, or advanced ID verification
Conditional Fields	Show pricing rows only when applicable
Audit Trail	Enable timestamps, IP capture, and completion certificate

Where to Send and How to Submit Executed Addenda

Use a controlled submission path to ensure finance, legal, and the counterparty each receive an executed copy and the original is retained.

Upload: Place the addendum in the contract repository
Assign: Tag accounting and legal recipients for routing
Execute: Collect signatures via eSignature or in‑person signing
Store: Archive signed copy with the master contract

Digital Signing and eSubmission Considerations

Select signing methods and document formats that meet legal and internal compliance requirements before sending.

Formats: PDF, DOCX supported
Authentication: Email link, SMS, KBA
Integrations: Salesforce, NetSuite, Google Workspace

Typical Deadlines and Timing Rules

Common timing elements help parties plan invoicing, notice periods, and review cycles tied to pricing changes.

Effective Date:

When pricing takes effect; enter MM/DD/YYYY

Notice Period:

Commonly 30–60 days for price adjustments

Invoice Due Dates:

Net 30, net 45, or other agreed payment terms

Renewal Notice:

60–90 days prior to contract renewal

Dispute Window:

Raise billing disputes within 30–90 days

Real‑World Examples of Pricing Addenda in Use

The examples below illustrate how organizations formalize pricing changes and capture approvals while maintaining compliance and auditing trails.

Optica Ventures — COO

A venture services firm standardized addenda for subscription changes to reduce billing disputes and speed approvals.

The approach used line‑item tables tied to contract IDs.
"The interface is simple and easy-to-use for our team; more importantly, it is just as easy for our customers."

Martin Properties — Founder

A property management company used addenda to document tenant fee changes and service upgrades.

Signed electronically and routed to accounting for immediate invoicing.
"I can process and execute all of these documents online with 100% compliance and built-in security. Whether on mobile or working offline, I can get forms back to their necessary parties efficiently."

eSignature Pricing Comparison — Typical Vendor Options

Platform pricing and capabilities affect total cost to execute and track Pricing Agreement Addenda; signNow appears first for direct comparison with common alternatives.

	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 vendor	Varies by vendor	Varies by vendor	Varies by vendor
Bulk Send	Yes	Yes	Yes	Yes	No
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 About Pricing Addenda

Answers to common questions about execution, enforceability, eSigning, and recordkeeping for a Pricing Agreement Addendum.

Need help? Contact support

Can the addendum be signed electronically?
Yes. Electronic signatures are generally enforceable under the ESIGN Act (15 U.S.C. ch. 96, 2000) and UETA where adopted; ensure signatory intent, consent, attribution, and reliable record retention are documented.
Is notarization ever required?
Not typically for commercial pricing amendments, but state law or specific contract language may require notarization or witness signatures for certain instrument types; verify with counsel if uncertain.
How do I correct an executed addendum?
Prepare a signed amendment or replacement addendum referencing the original. Avoid hand‑altering executed copies; instead use a clear, separately executed correction with signer initials and dates.
What authentication is recommended for eSigning?
Use at least email authentication and consider SMS codes or ID verification for higher‑risk agreements; stronger authentication aids enforceability and auditability.
Where should the executed addendum be stored?
Keep the signed copy with the master contract in a secure contract repository or records system with access controls and retention settings aligned to legal and tax requirements.
Who should review the addendum before signature?
Have legal review material pricing changes and finance review billing, taxes, and accounting impacts to reduce risk and ensure consistent internal controls.

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