To upload a new contract version, click the Replace button found on the right hand side of the Overview tab
The below modal will appear:
If you choose to upload a new (unsigned) version of the contract file and no approval phases are set for the contract, then the contract will stay in the same stage. If approval workflows were set, then the contract will move to Draft and the contract owner and approvers will be notified of this action.
If you choose to upload a signed version of the contract version while the contract is in the Approval stage, then the contract will go back to the Draft stage. If you upload the signed version while the contract is in the Signed stage, then that will push the contract along the contract lifecycle straight to the Executed state.
Once you upload a new version, you can view the current and previous versions by clicking the dropdown arrow as shown below. You can also differentiate the versions by their color categorization - the current version is green and the previous version will be displayed in yellow.
If the contract is already executed, you will first need to void the existing contract. Contracts can only be voided by the Contract Owner.
To void the contract, click the ellipsis (3 dots) button on the right of the screen and select the Void Contract option.
The contract will now be listed as void. Click the ellipsis button again and select the Unvoid to Draft option.
The contract will now be listed as void. Click the ellipsis button again and select the Unvoid to Draft option or click on Void stage and select Open in Draft.
You will now be able to upload a new version of the contract file. If you upload a signed copy of the contract, it will shift the contract immediately to an Executed state.
If you upload an unsigned version, any approval processes that are in place will apply again.