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An addendum and an amendment are both terms used when making changes or additions to an original document, such as a contract. However, there is a difference between the two. An amendment refers to making changes to an already existing agreement. This means that the original agreement is modified and updated. On the other hand, an addendum refers to adding an additional document to the existing agreement. It typically modifies the terms and conditions of the original contract. For both an amendment and an addendum, it is generally required that all parties involved in the original contract sign the changes or additions. This ensures that all parties agree to the new terms. In summary, an amendment modifies an existing agreement, while an addendum adds an additional document that modifies the terms of the original contract. All parties involved in the original contract must sign the changes or additions for them to be enforceable.