superseding agreement
Definition
A superseding agreement is a new contract that completely replaces and cancels out an older contract between the same parties. Once you sign a superseding agreement, the old deal is gone and only the new terms apply going forward.
Example
You signed a lease with your landlord two years ago, but now you both want to change the rent amount and add new rules about parking, so you create a superseding agreement that wipes out the old lease entirely and replaces it with fresh terms.
Watch Out
Make sure any superseding agreement explicitly states that it replaces the old contract, because courts need clear language to confirm which document controls if a dispute ever arises.
See which terms appear in your contract?
This definition is for informational purposes only and does not constitute legal advice. Please consult with a licensed attorney for legal guidance.