Neuvereinbarung

Neuvereinbarung is a German term meaning “new agreement.” In legal and contractual practice it denotes the conclusion of a fresh agreement that replaces or amends one or more elements of a previously existing contract or arrangement. A Neuvereinbarung can take the form of a complete replacement of terms (substituting the old contract) or of substantive amendments to specific clauses, while the overall contractual relationship continues.

The typical content concerns price, scope, duration, obligations, remedies, or other material terms. The exact effect depends on the language of the new document and on applicable law. In many jurisdictions, modifications to a contract require the same form as the original contract, or at least a written endorsement, and some contracts may require notarization or registration for modifications to take effect. The process generally involves negotiation between the parties, drafting of new terms, and execution by signing.

A Neuvereinbarung can be used in private-law relationships such as employment contracts, leases, supplier or service agreements, and in collective negotiations like new wage or working-time arrangements. It is not inherently the same as a novation (which creates a new contract that extinguishes the old one) although a Neuvereinbarung can amount to a novation if the old contract is terminated and replaced by a new one. Examples include a landlord and tenant agreeing to a renewed lease with adjusted rent and term, or an employer and employee agreeing to revised compensation and duties for a new contract period.