The New Jersey First Amendment to the Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. is a legal document that outlines modifications and additions made to the original agreement. This amendment specifically addresses changes that will affect the rights, obligations, and interests of the parties involved. Key provisions in the New Jersey First Amendment may include: 1. Amendment Introduction: The document will commence with a clear introduction stating its purpose as an amendment to the original stock purchase agreement between the parties, with the specific agreement being referred to. 2. Definitions: This section will define any new terms or adjust existing definitions that are relevant to the amendment. This ensures clarity and consistency in understanding throughout the document. 3. Amendments to Purchase Price: If there are changes to the purchase price of the stock or any adjustments to the payment terms, this section will detail the modifications made, including any new calculations, payment schedules, or considerations. 4. Modifications to Stock Ownership: In case there are alterations to the ownership structure of the stock being purchased, such as changes to the percentage of ownership or the number of shares, this section will outline the revised ownership distribution. 5. Additional Representations and Warranties: The New Jersey First Amendment may introduce new representations and warranties that the parties must provide, or it may modify the existing ones mentioned in the original agreement. These clauses ascertain the accuracy of information and protect the interests of both parties. 6. Clause Revisions: This section focuses on modifying or updating specific clauses in the original agreement, such as termination, governing law, indemnification, or dispute resolution. These revisions will reflect any new considerations, circumstances, or legal requirements. 7. Timeframe and Execution: The amendment will specify the effective date of the changes and provide instructions on how the amendment should be executed, signed, and delivered by the relevant parties. It's important to note that the exact content and provisions of the New Jersey First Amendment can vary depending on the specific circumstances and the intent of the parties involved. Various types of amendments may also exist, such as the Second Amendment, Third Amendment, or subsequent amendments, which would further modify the stock purchase agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. These subsequent amendments would build upon or revise the terms established in the initial amendment.