About the Climate Addendum

Frequently Asked Questions

How to use the Bonterms Climate Addendum (Cover Page Version)

> Use this version if you wish to enter into the Climate Addendum using a separate Cover Page.

1. Review the Climate Addendum with your lawyer.
2. Prepare your Cover Page (example). Identify the following:
   • Parties: Customer and Supplier
   • Key Terms: Main Agreement and Addendum Effective Date.
   • Additional Terms: Any changes to or modifications of the Climate Addendum.
3. Send your Cover Page to your counterparty.
4. Agree on terms with your counterparty.
5. Sign the Cover Page and create your Climate Addendum!

How to use the Bonterms Climate Addendum (Signable Version)

> Use this version if you wish to enter into the Climate Addendum by signing the Climate Addendum itself.

1. Review the Climate Addendum with your lawyer.
2. Complete the document fields with:
   • Parties: Customer and Supplier names and details
   • Key Terms: Main Agreement reference and Addendum Effective Date.
   • Additional Terms: Any changes to or modifications of the Climate Addendum.
3. Agree on terms with your counterparty.
4. Sign the Climate Addendum!

How to use the Bonterms Climate Addendum (Attachment Version)

> Use this version if you wish to attach the Climate Addendum to an existing agreement or include it when signing a new agreement.

1. Review the Climate Addendum with your lawyer.
2. Prepare implementing language in either in the Main Agreement (if new) or as an amendment (for existing agreements) that specifies:
   • Parties: Customer and Supplier names and details
   • Addendum Effective Date
   • Main Agreement reference
   • Additional Terms: Any changes to or modifications of the Climate Addendum.
3. Sign the agreement or amendment to effectuate your Climate Addendum!

Updated February 12, 2025 19:34