👉 Reconsideration is a legal concept in which a party to a contract may seek to alter or amend their terms of agreement as a result of a change in circumstances. This can include changes in market conditions, technological advancements, or other unforeseen events that affect the subject matter of the contract. The purpose of reconsideration is to ensure that both parties are aware of any potential changes and to provide them with an opportunity to modify their agreements accordingly. It's important for both sides to consider this process carefully
