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
Title: Oregon First Amendment to Sample Stock Purchase Agreement: A Comprehensive Overview Introduction: The Oregon First Amendment to Sample Stock Purchase Agreement is a legally binding document that outlines the agreed amendments made to the original stock purchase agreement between Integrated Communication Networks, Inc. (ICN) and PhoneXchange, Inc. This detailed description will provide an overview of the essential aspects of the agreement, emphasizing key terms, conditions, and relevant keywords. 1. Parties Involved: The parties involved in this document revision are ICN, a communication networks company, and PhoneXchange, a telecommunications company. Both parties are collaborating to redefine their stock purchase agreement according to Oregon state laws. 2. Purpose: The Oregon First Amendment to the Sample Stock Purchase Agreement modifies specific clauses or provisions within the original agreement to address any discrepancies, accommodate new terms, or clarify existing terms as required by the involved parties. 3. Amendments and Key Terms: a) Stock Purchase Price and Consideration Amendment: Specifies any adjustments to the original stock purchase price and the form of consideration provided (e.g., cash, shares, or a combination). b) Closing Date Extension: Highlights any changes to the agreement's closing date, allowing both parties additional time for fulfillment or performance of obligations. c) Representations and Warranties Amendment: Identifies any updates or changes made to the representations and warranties of both ICN and PhoneXchange, ensuring accuracy and alignment. d) Conditions Precedent Amendment: Outlines any modifications to the conditions that must be met before the transaction is consummated (e.g., regulatory approvals, third-party consents). e) Indemnification Amendment: Specifies any adjustments made to the indemnification provisions, including the scope, limitations, and obligations of each party in the event of breach or dispute. f) Confidentiality and Non-Disclosure Amendment: Describes any alterations made to the confidentiality and non-disclosure terms, ensuring protection of sensitive information shared between the parties. g) Governing Law Amendment: Indicates any changes to the governing law under which the agreement will be interpreted and enforced, considering Oregon state law requirements. h) Severability Amendment: Clarifies any changes made to the severability clause, which protects the enforceability of the remaining provisions of the agreement in case any provision is deemed invalid or unenforceable. 4. Different Types of Oregon First Amendment to Sample Stock Purchase Agreement: While there may not be distinct "types" of amendments, the Oregon First Amendment can have various sections, each addressing specific components of the original stock purchase agreement. The mentioned amendments, such as stock purchase price and consideration, closing date extension, representations and warranties, conditions precedent, indemnification, confidentiality and non-disclosure, governing law, and severability, represent different aspects that may be amended independently or collectively in the First Amendment document. Conclusion: The Oregon First Amendment to Sample Stock Purchase Agreement between ICN and PhoneXchange allows these entities to modify their original stock purchase agreement, adapting it to current needs while adhering to Oregon state laws. Each amendment carries its relevance and significance, offering both parties clarity and protection throughout the transaction process.
Title: Oregon First Amendment to Sample Stock Purchase Agreement: A Comprehensive Overview Introduction: The Oregon First Amendment to Sample Stock Purchase Agreement is a legally binding document that outlines the agreed amendments made to the original stock purchase agreement between Integrated Communication Networks, Inc. (ICN) and PhoneXchange, Inc. This detailed description will provide an overview of the essential aspects of the agreement, emphasizing key terms, conditions, and relevant keywords. 1. Parties Involved: The parties involved in this document revision are ICN, a communication networks company, and PhoneXchange, a telecommunications company. Both parties are collaborating to redefine their stock purchase agreement according to Oregon state laws. 2. Purpose: The Oregon First Amendment to the Sample Stock Purchase Agreement modifies specific clauses or provisions within the original agreement to address any discrepancies, accommodate new terms, or clarify existing terms as required by the involved parties. 3. Amendments and Key Terms: a) Stock Purchase Price and Consideration Amendment: Specifies any adjustments to the original stock purchase price and the form of consideration provided (e.g., cash, shares, or a combination). b) Closing Date Extension: Highlights any changes to the agreement's closing date, allowing both parties additional time for fulfillment or performance of obligations. c) Representations and Warranties Amendment: Identifies any updates or changes made to the representations and warranties of both ICN and PhoneXchange, ensuring accuracy and alignment. d) Conditions Precedent Amendment: Outlines any modifications to the conditions that must be met before the transaction is consummated (e.g., regulatory approvals, third-party consents). e) Indemnification Amendment: Specifies any adjustments made to the indemnification provisions, including the scope, limitations, and obligations of each party in the event of breach or dispute. f) Confidentiality and Non-Disclosure Amendment: Describes any alterations made to the confidentiality and non-disclosure terms, ensuring protection of sensitive information shared between the parties. g) Governing Law Amendment: Indicates any changes to the governing law under which the agreement will be interpreted and enforced, considering Oregon state law requirements. h) Severability Amendment: Clarifies any changes made to the severability clause, which protects the enforceability of the remaining provisions of the agreement in case any provision is deemed invalid or unenforceable. 4. Different Types of Oregon First Amendment to Sample Stock Purchase Agreement: While there may not be distinct "types" of amendments, the Oregon First Amendment can have various sections, each addressing specific components of the original stock purchase agreement. The mentioned amendments, such as stock purchase price and consideration, closing date extension, representations and warranties, conditions precedent, indemnification, confidentiality and non-disclosure, governing law, and severability, represent different aspects that may be amended independently or collectively in the First Amendment document. Conclusion: The Oregon First Amendment to Sample Stock Purchase Agreement between ICN and PhoneXchange allows these entities to modify their original stock purchase agreement, adapting it to current needs while adhering to Oregon state laws. Each amendment carries its relevance and significance, offering both parties clarity and protection throughout the transaction process.