(1) An agreement modifying a contract within this Chapter needs no consideration to be binding.
(2) A signed agreement which excludes modification or rescission except by a signed writing cannot be otherwise modified or rescinded, but except as between merchants such a requirement on a form supplied by the merchant must be separately signed by the other party.
(3) The requirements of the statute of frauds section of this Chapter (12A:2-201) must be satisfied if the contract as modified is within its provisions.
(4) Although an attempt at modification or rescission does not satisfy the requirements of subsection (2) or (3) it can operate as a waiver.
(5) A party who has made a waiver affecting an executory portion of the contract may retract the waiver by reasonable notification received by the other party that strict performance will be required of any term waived, unless the retraction would be unjust in view of a material change of position in reliance on the waiver.
Notes of Decisions
Green Constr. Co. v. First Indem. of Am. Ins., 735 F. Supp. 1254 (D.N.J. 1990).
· cites it 6× “N.J.Stat.Ann. § 12A:2-209, the New Jersey UCC section on modification, rescission and waiver, provides: (1) An agreement modifying a contract within this Chapter needs no consideration to be binding.”
Frolow v. Wilson Sporting Goods Co., 710 F.3d 1303 (Fed. Cir. 2013).
· cites it 2× “”); see also N.J. Stat. Ann. §12A:2-208(3) (“course of perfor- mance shall be relevant to show a waiver or modification of any term inconsistent with such course of perfor- mance.”
McGrath v. Poppleton, 550 F. Supp. 2d 564 (D.N.J. 2008).
“N.J.S.A. 12A:2-209(2) (Uniform Commercial Code)("A signed agreement which excludes modification or rescission except by a signed writing cannot otherwise be modified or rescinded, but except as between merchants such a requirement on a form supplied by the merchant must be…”
Cong. Factors v. Malden Mills Inc., 332 F. Supp. 1384 (D.N.J. 1971).
“N.J.S.A. 12A:2-209(2), as a part of the Uniform Commercial Code, while applicable only to “goods,” shows a policy in New Jersey of enforcing written termination requirements.”
Takea Williamson v. Katherine Walker (N.J. Super. Ct. App. Div. 2026).
“Alternatively, even if the trial court found the "right to return" term was simultaneously created with or subsequent to performance of the contract, a modification of the contract made by the parties to include this term would still be valid and enforceable.”
N.J. Stat. § 12A:2-209(1): 1 case
Takea Williamson v. Katherine Walker (N.J. Super. Ct. App. Div. 2026).
“Alternatively, even if the trial court found the "right to return" term was simultaneously created with or subsequent to performance of the contract, a modification of the contract made by the parties to include this term would still be valid and enforceable.”
N.J. Stat. § 12A:2-209(2): 3 cases
McGrath v. Poppleton, 550 F. Supp. 2d 564 (D.N.J. 2008).
“N.J.S.A. 12A:2-209(2) (Uniform Commercial Code)("A signed agreement which excludes modification or rescission except by a signed writing cannot otherwise be modified or rescinded, but except as between merchants such a requirement on a form supplied by the merchant must be…”
Cong. Factors v. Malden Mills Inc., 332 F. Supp. 1384 (D.N.J. 1971).
“N.J.S.A. 12A:2-209(2), as a part of the Uniform Commercial Code, while applicable only to “goods,” shows a policy in New Jersey of enforcing written termination requirements.”
N.J. Stat. § 12A:2-209(3): 1 case
Green Constr. Co. v. First Indem. of Am. Ins., 735 F. Supp. 1254 (D.N.J. 1990).
“N.J.Stat.Ann. § 12A:2-209, the New Jersey UCC section on modification, rescission and waiver, provides: (1) An agreement modifying a contract within this Chapter needs no consideration to be binding.”
N.J. Stat. § 12A:2-209(4): 3 cases
Green Constr. Co. v. First Indem. of Am. Ins., 735 F. Supp. 1254 (D.N.J. 1990).
“N.J.Stat.Ann. § 12A:2-209, the New Jersey UCC section on modification, rescission and waiver, provides: (1) An agreement modifying a contract within this Chapter needs no consideration to be binding.”
N.J. Stat. § 12A:2-209(5): 1 case
Frolow v. Wilson Sporting Goods Co., 710 F.3d 1303 (Fed. Cir. 2013).
“”); see also N.J. Stat. Ann. §12A:2-208(3) (“course of perfor- mance shall be relevant to show a waiver or modification of any term inconsistent with such course of perfor- mance.”
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