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What is a renegotiation?

What is a renegotiation? Here are some definitions.

Noun
  1. The act of negotiating again.
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Examples
The frequency of renegotiation is troubling because the contractual changes often are not desirable.
The sponsorship of the hurling championship is up for renegotiation next year.
Weak trading has apparently triggered a clause in the sale agreement enabling a renegotiation of the price.
The result also includes non-recurring income deriving from the renegotiation of some employee commitments.
What we need this year is not these kind of publicity stunts, but a generational renegotiation of our relationship with Africa.
The company would not disclose the reasons for the renegotiation of the deal.

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