Home / Guides / Amendment and Assignment: Can Terms or Accounts Be Transferred?

Introduction

Two separate questions live in Section 18: can the terms of your agreement change, and can the agreement itself be transferred to someone else? The answers protect you from unilateral changes while allowing Starkworth some flexibility around business changes.

Key Points

  • The agreement can only be amended by written agreement signed by both Parties.
  • You, as the Account Owner, may not assign the agreement without Starkworth's prior written consent.
  • Starkworth may assign the agreement in connection with a merger, acquisition, or sale of assets.
  • Any assignee Starkworth transfers to must agree to honour the agreement's existing terms.

Frequently Asked Questions

No — amendment requires a new written agreement signed by both Parties.

Not without Starkworth's prior written consent — that's different from simply ending the agreement, which you can do with 7 days' notice.

Starkworth can assign the agreement in that scenario, but the new party must agree to honour its existing terms.

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