Ohio First Amendment to Sample Stock Purchase Agreement: The Ohio First Amendment to Sample Stock Purchase Agreement is a legally binding document that modifies and supplements the original agreement between Integrated Communication Networks, Inc. (referred to as "Seller") and PhoneXchange, Inc. (referred to as "Buyer") for the purchase and sale of stock. This amendment is applicable in the state of Ohio, and it serves to add specific terms and conditions that both parties have agreed upon to further clarify their rights and obligations. By signing this amendment, the parties demonstrate their mutual understanding and agreement to the stated modifications. Key provisions and contents of the Ohio First Amendment to the Sample Stock Purchase Agreement may include: 1. Purchase Price Adjustment: This section outlines the methodology for adjusting the purchase price based on certain conditions, such as working capital, net indebtedness, or net assets. 2. Representations and Warranties: These provisions ensure that both parties provide accurate and truthful information about the company, including financial statements, tax returns, contracts, and other relevant documents. 3. Closing Conditions: This section specifies the conditions that must be satisfied for the closing of the stock purchase transaction to take place. It may include requirements such as regulatory approvals, third-party consents, and the absence of material adverse changes. 4. Indemnification: The amendment may contain provisions related to indemnification, outlining how the parties will indemnify and hold each other harmless in the event of certain losses, liabilities, or breaches of representations and warranties. 5. Governing Law and Jurisdiction: In accordance with Ohio law, this provision states that the agreement shall be governed by Ohio state law, and any disputes arising from it shall be resolved in the courts of Ohio. Different types of Ohio First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. may vary based on the specific terms and adjustments required by the parties. While the general structure and key provisions remain consistent, variations may arise depending on factors such as the nature of the business, financial arrangements, and the preferences of the parties involved.
Ohio First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc.
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