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Value Addendum

Create a custom Value Addendum 2013 that meets your industry’s specifications.

What a Value Addendum does

A Value Addendum records an agreed change, clarification, or additional term to an existing business agreement. It identifies the original contract, states the revised language or commercial detail, and provides signature areas for the affected parties. Upload the completed document to signNow, review detected fields, assign each signer, and send it for electronic execution. signNow records signer actions, timestamps, and document history in an audit trail. Under the ESIGN Act and applicable UETA provisions, the electronic record can support enforceability when intent, consent, attribution, and reliable retention are established.

Who uses a Value Addendum

Real estate

Real estate professionals use Value Addendum documents to record negotiated changes to lease, purchase, or service terms and obtain signatures from landlords, buyers, sellers, or brokers.

Legal and business teams

Legal and commercial teams use Value Addendum documents to amend contracts, NDAs, pricing schedules, and delivery obligations while preserving signer attribution and execution history.

Key features for Value Addendum workflows

signNow connects field preparation, signer routing, audit evidence, and document storage for Value Addendum transactions handled across U.S. business teams.

Field detection

Upload the Value Addendum and let signNow detect its fillable fields, reducing manual field placement while preserving the document’s original structure for review.

Signer assignment

Assign each Value Addendum signature, initials, date, and text field to the correct party so the completed record identifies the people responsible for approval.

Remote signing

Send the addendum by email or signing link, allowing counterparties to review and sign without requiring a shared in-person meeting or paper exchange.

Audit trail

Capture timestamps, signer activity, and document history in an audit trail that supports later review of the Value Addendum’s execution sequence.

Reusable template

Use templates for recurring Value Addendum language while retaining a review step for transaction-specific amounts, dates, parties, and negotiated terms.

Record storage

Store the completed Value Addendum and certificate of completion together so the signed agreement remains available for business, legal, and records-management review.

How a Value Addendum workflow works

The Value Addendum workflow moves from document preparation to signer attribution, execution, and evidence-preserving storage.

  • Upload document: Upload the Value Addendum and inspect detected fields.
  • Assign fields: Map each field to the responsible contracting party.
  • Route for signing: Route the addendum for review and signature.
  • Retain record: Preserve the executed document and audit evidence.

Complete a Value Addendum in signNow

Use this workflow to prepare, sign, and retain the Value Addendum without recreating its fields.

  • Upload form:

    Upload the completed Value Addendum PDF to signNow.
  • Review fields:

    Let signNow detect fillable fields and review each value.
  • Add signer:

    Add the required signer and signature fields.
  • Send document:

    Send the Value Addendum for secure electronic signing.
  • Archive record:

    Store the signed addendum with its audit trail.
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Recommended Value Addendum workflow setup

Configure the Value Addendum workflow around signer identity, execution evidence, controlled access, and retention requirements for the underlying agreement.

SettingRecommendation
Authentication methodEmail verification with SMS OTP
Signature typeTyped or drawn electronic signature
Audit trailEnable certificate and action history
Document retentionRetain for the underlying contract period
EncryptionTLS in transit and AES-256 at rest

Legal standing of a Value Addendum

A signed Value Addendum can be evidence when the parties show intent, consent to electronic records, signer attribution, and reliable retention and reproduction. ESIGN and applicable UETA provisions generally recognize electronic signatures for business transactions, but wills, codicils, testamentary trusts, court orders, and certain family-law filings remain excluded under 15 U.S.C. ch. 96.

Why teams look for DocuSign alternatives

Find and fill out the correct liquidation value form

airSlate SignNow helps you fill in and sign documents in minutes, error-free. Choose the correct version of the editable PDF form from the list and get started filling it out.

VersionsForm popularityFillable & printable
*2013 AI Reports 801.04 [2013-01] 20134.8 Satisfied (8595 Votes)

Security for Value Addendum signing

Transport security:

TLS 1.2/1.3 encryption

Stored data:

AES-256 encryption at rest

Signer verification:

Two-factor signer authentication

SMS verification:

SMS OTP available

Service controls:

SOC 2 Type II certified

Security certification:

ISO 27001 certified

Best practices for Value Addendum records

Prepare the Value Addendum as a controlled record, then preserve evidence showing who signed, what they signed, and when the transaction was completed.

Confirm every addendum field before sending

Upload the final Value Addendum rather than an incomplete draft. Confirm every amount, effective date, party name, exhibit, and signature location before sending. A locked source document reduces disputes over whether later edits changed the agreed commercial terms.

Assign each party to the correct signing role

Use separate signer roles for each party named in the Value Addendum. Assign signature, date, and initials fields to the correct person, then review routing order before delivery so approval does not bypass a required counterparty.

Retain the signed addendum and audit trail

Retain the completed Value Addendum with its certificate of completion and audit trail. For tax records, apply the IRS three-year rule under IRC §6501(a), unless a longer period applies to the underlying transaction.

Limit access to sensitive addendum information

Restrict access to the Value Addendum when it contains pricing, banking, health, or personally identifiable information. Use role-based permissions and confirm the recipient address before sending the document externally.

Retention periods for related records

Choose the retention period based on the record created by the Value Addendum and the underlying transaction, not solely on the signing date.

01

Three years for tax records

IRS §6501(a) generally allows three years from filing for tax records.
02

Six years for substantial understatement

IRS §6501(a) extends the period to six years when income is understated by 25% or more.
03

Six years for HIPAA records

HIPAA 45 CFR §164.530(j) requires six years for covered records.
04

Three years for payroll records

29 CFR §516.5 requires three years for basic FLSA payroll records.
05

Seven years for audit records

15 U.S.C. §7245 requires seven years for Sarbanes-Oxley audit records.

Rules that may limit electronic signing

Notary acknowledgment

May require notarization

Wills and codicils

May be excluded under ESIGN

Court orders

Court filing rules still apply

Real-estate deeds

State deed rules still apply

Challenges when completing a Value Addendum

  • A missing effective date or party name can make the Value Addendum ambiguous and leave the underlying contract’s modification difficult to interpret.
  • Assigning a signature field to the wrong counterparty weakens attribution and creates uncertainty about which party accepted the amended terms.
  • Sending an outdated addendum version can cause parties to sign different language, producing conflicting records and a dispute over the operative agreement.
  • Storing the signed Value Addendum without its audit trail can make it harder to demonstrate intent, timing, and document integrity later.

Value Addendum signing questions

These answers address field preparation, signer routing, plan capabilities, electronic-signature requirements, and retention for Value Addendum records.

Upload the final PDF again and inspect the detected fields before sending. signNow supports templates and field placement, but a source PDF with missing or flattened fields may require manual placement of signature, date, or text fields.

Open the recipient settings and confirm the signer email, role, and field assignments. A signature request can be rerouted only after correcting the recipient information; keep the corrected audit history with the final Value Addendum.

Business includes legally binding eSignatures, templates, audit trails, and mobile apps at $8/user/month when billed annually. Business Premium is $15/user/month annually and adds bulk send and kiosk mode.

A Value Addendum involving protected health information requires a HIPAA-compliant configuration and a business associate agreement. signNow identifies HIPAA compliance as requiring a BAA; confirm the parties and data scope before sending.

Electronic execution generally depends on intent, consent, attribution, and retained reproducible records under ESIGN and applicable UETA provisions. For consumer-facing records, review the disclosure requirements in 15 U.S.C. §7001(c).

The audit trail records execution activity, including timestamps and document history. Download and retain it with the completed Value Addendum, then apply the retention rule for the underlying tax, employment, healthcare, or commercial record.

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Key performance indicators that demonstrate SignNow's proven track record.

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