Novation Agreement

    

NOVATION AGREEMENT

_________________________________, hereafter referred to as "Client", _________________________________, hereafter referred to as "New Client", and _________________________________, hereafter referred to as "Employer", agree to the below written changes for the following contract(s):________________________________________________________________________________________________________________________________________________________________________

• The Client, in reference to the aforementioned contract(s), wishes to dissolve its contractual obligations and to transfer obligations to the New Client.
• The New Client agrees to take on all obligations of the contract(s) from the Client as though they had always been under these obligations. The New Client will be bound by any and all guidelines, terms, conditions, restrictions, debts, and liens.
• The Employer agrees to release the Client from the contractual obligations and to accept the New Client in the Client's stead as of __________________________.

(Client's Signature)

(Employer's Signature)

(New Client's Signature)

(Date)

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