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The phrase "an existing contract" is correct and usable in written English.
You can use it when referring to a contract that is currently in effect or already established.
Example: "Before we proceed with the new agreement, we need to review the terms of an existing contract."
Alternatives: "a current contract" or "an active contract."
Exact(55)
Comcast carries the Tennis Channel through an existing contract almost entirely on its digital sports tier.
Bogdanov defended the shipments of arms as legal and arranged under an existing contract.
The network charged him with "tortious interference," or illegally interfering with an existing contract.
legislation increasing the obligation of an existing contract is not an impairment.
It was the expansion of an existing contract for HMP Thameside.
But Mr. Wolf issued a statement last week saying: "NBC Universal is trying to rewrite an existing contract.
Similar(5)
"John requested a meeting with the club the week before last and, in that meeting, he asked about the possibility of an extension to his existing contract," said a spokesman.
This week, it will meet Scottish Premier League officials to continue negotiations over a reduction in its existing contract and a new £125m deal due to start in 2010.
"This commitment was made in writing ahead of the Phase 3 launch and Barclays and TfL are in discussions to finalise a legal amendment to the existing contract accordingly," a representative of the bank said.
In some circumstances, contract changes are handled as a modification to the existing contract, while in other situations, a separate contract is created.
If he becomes a free agent, his existing contract disappears, and the Yankees lose a $30 million subsidy from the Texas Rangers that covers part of his salaries from 2008-10.
More suggestions(16)
an existing agreement
an existing community
an existing label
an existing runway
an existing organization
an existing phone
an existing site
an existing start-up
an existing node
an expiring contract
an existing vehicle
an existing backer
an existing structure
an existing mill
an existing substance
an existing beachfront
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com