Alaska Sample Amendment to Stock Purchase Agreement between Wynn's International, Goshen Rubber Co., Inc., shareholders and Berkshire Taconic Community Foundation

• Category: Corporations - Public - Stock Purchase Sample
• State: Multi-State
• Control #: US-EG-9158
• Format: Word; Rich Text

Description

Amend. No. 1 to Stock Purch. Agr. btwn Wynn's International, Goshen Rubber Co., Inc., Wm. P. Johnson, shareholders & Berkshire Taconic Community Found. dated December 17, 1999. 9 pages Title: Alaska Sample Amendment to Stock Purchase Agreement: A Comprehensive Overview Introduction: The Alaska Sample Amendment to Stock Purchase Agreement is a legally binding document that outlines specific changes or modifications to the original Stock Purchase Agreement between Wynn's International, Goshen Rubber Co., Inc., shareholders, and Berkshire Laconic Community Foundation. This comprehensive description will shed light on the key aspects of this amendment, including its purpose, requirements, and potential variations. Keyword 1: Alaska Sample Amendment Keyword 2: Stock Purchase Agreement Keyword 3: Wynn's International Keyword 4: Goshen Rubber Co., Inc. Keyword 5: Shareholders Keyword 6: Berkshire Laconic Community Foundation 1. Purpose of the Amendment: The Alaska Sample Amendment serves as an instrument for parties involved to formally modify certain provisions or terms within the original Stock Purchase Agreement. It may be needed to address crucial changes in circumstances, incorporate additional clauses, address specific concerns, or rectify any errors that may have occurred during the initial drafting. 2. Parties Involved: The Alaska Sample Amendment involves several entities, including Wynn's International, Goshen Rubber Co., Inc., the respective shareholders of Goshen Rubber Co., Inc., and the Berkshire Laconic Community Foundation. These parties come together to negotiate and agree upon the changes required and subsequently execute the amendment. 3. Amendment Specifications: The amendment encompasses a wide range of potential modifications, such as adjustments to purchase price, alteration of payment terms, updates to warranty clauses, changes in dispute resolution methods, inclusion of indemnity provisions, or other alterations deemed necessary to ensure the agreement aligns with the current objectives and interests of the parties involved. 4. Key Amendment Clauses: a) Purchase Price Modification: This clause allows the parties to negotiate and alter the purchase price specified in the original Stock Purchase Agreement, reflecting changes in market conditions, asset valuation, financial considerations, or any other pertinent factors. b) Payment Terms Revision: Parties have the opportunity to amend the payment structure mentioned in the original agreement, including payment methods, schedules, and any relevant conditions for the acquisition of shares. c) Representations and Warranties: The amendment may include modifications to the representations and warranties made by the parties regarding the ownership, legal status, financial position, or other stipulated conditions. d) Governing Law: Parties can amend the choice of governing law, specifying Alaska if the original agreement stipulates a different jurisdiction. 5. Types of Alaska Sample Amendment: While the exact types of Alaska Sample Amendments may vary depending on the requirements and circumstances involved, some common variations can include amendments related to price adjustments, warranty amendments, liability limitations, investment representations, or specific provisions based on industry or regulatory compliance. Conclusion: The Alaska Sample Amendment to Stock Purchase Agreement serves as a flexible tool that allows parties involved in the acquisition process, such as Wynn's International, Goshen Rubber Co., Inc., shareholders, and Berkshire Laconic Community Foundation, to modify the original agreement to better align with their evolving needs. Whether altering key financial provisions, representations, warranties, or any other relevant clauses, parties can utilize this amendment to enhance the effectiveness and adaptability of the initial agreement.

Title: Alaska Sample Amendment to Stock Purchase Agreement: A Comprehensive Overview Introduction: The Alaska Sample Amendment to Stock Purchase Agreement is a legally binding document that outlines specific changes or modifications to the original Stock Purchase Agreement between Wynn's International, Goshen Rubber Co., Inc., shareholders, and Berkshire Laconic Community Foundation. This comprehensive description will shed light on the key aspects of this amendment, including its purpose, requirements, and potential variations. Keyword 1: Alaska Sample Amendment Keyword 2: Stock Purchase Agreement Keyword 3: Wynn's International Keyword 4: Goshen Rubber Co., Inc. Keyword 5: Shareholders Keyword 6: Berkshire Laconic Community Foundation 1. Purpose of the Amendment: The Alaska Sample Amendment serves as an instrument for parties involved to formally modify certain provisions or terms within the original Stock Purchase Agreement. It may be needed to address crucial changes in circumstances, incorporate additional clauses, address specific concerns, or rectify any errors that may have occurred during the initial drafting. 2. Parties Involved: The Alaska Sample Amendment involves several entities, including Wynn's International, Goshen Rubber Co., Inc., the respective shareholders of Goshen Rubber Co., Inc., and the Berkshire Laconic Community Foundation. These parties come together to negotiate and agree upon the changes required and subsequently execute the amendment. 3. Amendment Specifications: The amendment encompasses a wide range of potential modifications, such as adjustments to purchase price, alteration of payment terms, updates to warranty clauses, changes in dispute resolution methods, inclusion of indemnity provisions, or other alterations deemed necessary to ensure the agreement aligns with the current objectives and interests of the parties involved. 4. Key Amendment Clauses: a) Purchase Price Modification: This clause allows the parties to negotiate and alter the purchase price specified in the original Stock Purchase Agreement, reflecting changes in market conditions, asset valuation, financial considerations, or any other pertinent factors. b) Payment Terms Revision: Parties have the opportunity to amend the payment structure mentioned in the original agreement, including payment methods, schedules, and any relevant conditions for the acquisition of shares. c) Representations and Warranties: The amendment may include modifications to the representations and warranties made by the parties regarding the ownership, legal status, financial position, or other stipulated conditions. d) Governing Law: Parties can amend the choice of governing law, specifying Alaska if the original agreement stipulates a different jurisdiction. 5. Types of Alaska Sample Amendment: While the exact types of Alaska Sample Amendments may vary depending on the requirements and circumstances involved, some common variations can include amendments related to price adjustments, warranty amendments, liability limitations, investment representations, or specific provisions based on industry or regulatory compliance. Conclusion: The Alaska Sample Amendment to Stock Purchase Agreement serves as a flexible tool that allows parties involved in the acquisition process, such as Wynn's International, Goshen Rubber Co., Inc., shareholders, and Berkshire Laconic Community Foundation, to modify the original agreement to better align with their evolving needs. Whether altering key financial provisions, representations, warranties, or any other relevant clauses, parties can utilize this amendment to enhance the effectiveness and adaptability of the initial agreement.