New York First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. — A Comprehensive Overview Introduction: The New York First Amendment to Sample Stock Purchase Agreement is a legally binding document that reflects modifications and updates made to the original agreement between Integrated Communication Networks, Inc. (CNI) and PhoneXchange, Inc. This detailed description outlines the various aspects and crucial points related to the agreement, including the relevant keywords associated with it. Key Points Highlighted in the First Amendment: 1. Parties Involved: The first amendment involves Integrated Communication Networks, Inc. (CNI) and PhoneXchange, Inc. as the participating entities. 2. Original Agreement: The first amendment serves as an update to the existing Stock Purchase Agreement between CNI and PhoneXchange, Inc. 3. Nature of Amendments: The amendment specifically focuses on modifying and clarifying certain provisions within the original agreement to accommodate mutually agreed-upon changes. 4. Governing Jurisdiction: The first amendment is specific to New York state and complies with its legal requirements, including the application of New York contract law and statutes. 5. Effective Date: The amendment will state the date from which the revised terms and conditions will take effect. 6. Purpose: Various circumstances may necessitate a first amendment, such as revising the purchase price, adjusting the payment terms, updating warranty provisions, limiting liability, or addressing any other issues that arise during the transaction. 7. Negotiation and Execution: The first amendment reflects the parties' negotiation and agreement on the proposed changes and is executed by authorized representatives from both CNI and PhoneXchange, Inc. Different Types of New York First Amendment to Sample Stock Purchase Agreement: 1. Pricing Amendment: This amendment type focuses on revising the purchase price and related financial terms agreed upon in the original agreement. 2. Payment Terms Amendment: This amendment type deals with modifications to the payment structure, including changes in installments, interest rates, or payment deadlines. 3. Term Extension Amendment: In cases where the original agreement had a predefined term, this amendment can extend the duration of the agreement to accommodate new circumstances or business needs. 4. Warranty Provision Amendment: This amendment addresses any necessary revisions to warranty clauses in the original agreement. 5. Liability Limitation Amendment: This amendment type focuses on modifying the limitations of liability for either party involved in the transaction. 6. Material Change Amendment: In situations where there are significant modifications, this amendment type covers broader changes across various aspects of the agreement, including price, terms, representations, and warranties. Conclusion: The New York First Amendment to Sample Stock Purchase Agreement is a crucial legal document that incorporates modifications and updates to the original agreement between CNI and PhoneXchange, Inc. It ensures that both parties have an accurate and up-to-date understanding of their rights, responsibilities, and obligations. The different types of first amendments serve to address specific areas, like pricing, payment terms, warranties, and liability limitations, among others.
New York First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc.
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How to fill out New York First Amendment To Sample Stock Purchase Agreement Between Integrated Communication Networks, Inc. And PhoneXchange, Inc.?
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