unamendable contract
[/ˌʌnəˈmɛndəbəl ˈkɒntrækt/]
nounpl: unamendable contracts
contrato inmodificável
1. A legally binding agreement that cannot be altered, changed, or modified by either party after its execution, except under specific conditions stipulated within the contract itself
The unamendable contract specified that no changes could be made without written consent from all parties and approval from the board of directors.
O contrato inmodificável especificava que nenhuma alteração poderia ser feita sem consentimento escrito de todas as partes e aprovação da diretoria.
2. A contract with fixed terms that are legally binding and cannot be unilaterally modified or terminated by either party
Due to the nature of the agreement, it was drafted as an unamendable contract to protect both parties' interests.
Devido à natureza do acordo, foi redigido como um contrato inmodificável para proteger os interesses de ambas as partes.
In Brazilian business culture, unamendable contracts are particularly valued in international agreements and real estate transactions to provide certainty and stability. The concept reflects a legalistic approach to protecting both parties' interests, common in civil law jurisdictions like Brazil. In the USA, such contracts are frequently used in M&A deals and long-term service agreements to eliminate ambiguity and reduce litigation risk.
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