Nebraska First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc.

• Category: Corporations - Public - Stock Purchase Sample
• State: Multi-State
• Control #: US-EG-9148
• Format: Word; Rich Text

Description

First Amendment to Stock Purchase Agr. btwn Integrated Communication Networks, Inc. (a/k/a Global Access Pagers, Inc.), and PhoneXchange, Inc. dated February 29, 1999. 3 pages

Nebraska First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. The Nebraska First Amendment to Sample Stock Purchase Agreement serves as a significant legal document used by Integrated Communication Networks, Inc. and PhoneXchange, Inc. when modifying or adding terms to their existing stock purchase agreement. This amendment ensures that both parties comply with the First Amendment rights granted by the United States Constitution while solidifying their business transactions. In Nebraska, the First Amendment to the Sample Stock Purchase Agreement holds vital importance in protecting the rights of both parties involved. It offers a framework for amending and executing the stock purchase agreement in a fair and transparent manner. It empowers businesses to enhance their existing agreements to suit their evolving needs while ensuring legal compliance and maintaining a strong ethical foundation. Key elements covered in the Nebraska First Amendment include the identification of the original stock purchase agreement's parties — Integrated Communication Networks, Inc. and PhoneXchange, Inc. Alongside this, it specifies the date of the original agreement and the amendments being made, ensuring clarity and accuracy. The Nebraska First Amendment contains multiple types, each addressing specific areas or modifications within the original Stock Purchase Agreement. These types include: 1. Amendment to Purchase Price: This type of first amendment allows both parties to agree upon revised purchase prices in case of valuation changes, market fluctuations, or unforeseen circumstances, ensuring a fair exchange of stock. 2. Amendment to Closing Date: This amendment type enables both parties to extend or modify the original closing date stated in the stock purchase agreement to accommodate unforeseen delays or to align it with other necessary legal processes. 3. Amendment to Representations and Warranties: This type of first amendment enables changes or additions to the original representations and warranties made by the parties, ensuring that both parties continue to provide accurate and up-to-date information. 4. Amendment to Termination Provisions: This amendment type addresses modifications or additions to the termination clauses within the original stock purchase agreement, allowing both parties to outline specific conditions under which the agreement may be terminated, protecting their interests. 5. Amendment to Governing Law and Jurisdiction: This type of first amendment allows parties to modify the governing law or jurisdiction clause of the original agreement, potentially aligning it with Nebraska state laws or any other mutually agreed-upon legal framework. By utilizing the Nebraska First Amendment to Sample Stock Purchase Agreement, Integrated Communication Networks, Inc. and PhoneXchange, Inc. reaffirm their commitment to conducting business in a transparent and legally sound manner. This document serves as a valuable tool for both parties to adapt their stock purchase agreement while upholding the fundamental rights protected by the First Amendment.