Pennsylvania 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 Pennsylvania First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. Introduction: The Pennsylvania First Amendment to Sample Stock Purchase Agreement refers to a legal document that outlines crucial modifications or amendments made to the original stock purchase agreement between Integrated Communication Networks, Inc. (ICN) and PhoneXchange, Inc. in the state of Pennsylvania. This amendment is enacted to address specific changes, clarifications, or adjustments needed by both parties to the original agreement. It ensures transparency and legality in any alterations made to the agreement. Key Provisions: 1. Amendment to Purchase Price: The First Amendment may include changes to the purchase price originally agreed upon by ICN and PhoneXchange. These changes may be necessitated by the market conditions, financial performance, or valuation adjustments. 2. Modified Closing Date: In some cases, the parties involved might encounter circumstances requiring an extension or advancement of the closing date mentioned in the original agreement. This amendment specifies any changes to the closing date. 3. Revised Representations and Warranties: The First Amendment might introduce modifications to the representations and warranties initially provided by both parties. These amendments may address any new information or developments affecting the accuracy or validity of the original statements. 4. Additional Conditions Precedent: This provision accounts for any requirements or conditions that should be met before the closing of the stock purchase agreement. The First Amendment may add, remove, or modify these conditions based on the needs of the parties involved. 5. Indemnification Clause: The amendment might modify the indemnification clause of the original agreement. Changes concerning the extent of indemnification, the limitations on liability, or the inclusion/exclusion of specific events for indemnification can be outlined in this section. Types of Pennsylvania First Amendment to Sample Stock Purchase Agreement: 1. Pennsylvania First Amendment to Sample Stock Purchase Agreement — Purchase Price Modification: This type of amendment pertains specifically to changes made to the purchase price initially agreed upon by ICN and PhoneXchange. It adjusts the price based on various factors, such as market conditions or financial performance. 2. Pennsylvania First Amendment to Sample Stock Purchase Agreement — Closing Date Extension: This type addresses modifications to the closing date mentioned in the original agreement. It allows for an extension, or in rare cases, an instance where the parties agree to close the deal earlier than anticipated. 3. Pennsylvania First Amendment to Sample Stock Purchase Agreement — Representations and Warranties Revision: This amendment deals with changes or updates made to the representations and warranties provided by ICN and PhoneXchange. It ensures all information provided remains accurate and up to date. 4. Pennsylvania First Amendment to Sample Stock Purchase Agreement — Additional Conditions Precedent: This type of amendment adds or modifies the conditions that must be fulfilled before the closing of the stock purchase agreement. It ensures that both parties are satisfied with the necessary prerequisites. 5. Pennsylvania First Amendment to Sample Stock Purchase Agreement — Indemnification Clause Modification: This amendment focuses on changes to the indemnification clause of the original agreement. It may provide further clarification or modify the extent of indemnification, ensuring fairness and protection for both ICN and PhoneXchange. Conclusion: The Pennsylvania First Amendment to Sample Stock Purchase Agreement serves as a crucial legal document for ICN and PhoneXchange, enabling them to modify specific clauses of their original agreement. These amendments cater to various aspects like purchase price, closing date, representations and warranties, conditions precedent, and indemnification. By addressing the specific needs of the parties involved, this amendment ensures transparency, clarity, and legality throughout the stock purchase agreement process.

Pennsylvania First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. Introduction: The Pennsylvania First Amendment to Sample Stock Purchase Agreement refers to a legal document that outlines crucial modifications or amendments made to the original stock purchase agreement between Integrated Communication Networks, Inc. (ICN) and PhoneXchange, Inc. in the state of Pennsylvania. This amendment is enacted to address specific changes, clarifications, or adjustments needed by both parties to the original agreement. It ensures transparency and legality in any alterations made to the agreement. Key Provisions: 1. Amendment to Purchase Price: The First Amendment may include changes to the purchase price originally agreed upon by ICN and PhoneXchange. These changes may be necessitated by the market conditions, financial performance, or valuation adjustments. 2. Modified Closing Date: In some cases, the parties involved might encounter circumstances requiring an extension or advancement of the closing date mentioned in the original agreement. This amendment specifies any changes to the closing date. 3. Revised Representations and Warranties: The First Amendment might introduce modifications to the representations and warranties initially provided by both parties. These amendments may address any new information or developments affecting the accuracy or validity of the original statements. 4. Additional Conditions Precedent: This provision accounts for any requirements or conditions that should be met before the closing of the stock purchase agreement. The First Amendment may add, remove, or modify these conditions based on the needs of the parties involved. 5. Indemnification Clause: The amendment might modify the indemnification clause of the original agreement. Changes concerning the extent of indemnification, the limitations on liability, or the inclusion/exclusion of specific events for indemnification can be outlined in this section. Types of Pennsylvania First Amendment to Sample Stock Purchase Agreement: 1. Pennsylvania First Amendment to Sample Stock Purchase Agreement — Purchase Price Modification: This type of amendment pertains specifically to changes made to the purchase price initially agreed upon by ICN and PhoneXchange. It adjusts the price based on various factors, such as market conditions or financial performance. 2. Pennsylvania First Amendment to Sample Stock Purchase Agreement — Closing Date Extension: This type addresses modifications to the closing date mentioned in the original agreement. It allows for an extension, or in rare cases, an instance where the parties agree to close the deal earlier than anticipated. 3. Pennsylvania First Amendment to Sample Stock Purchase Agreement — Representations and Warranties Revision: This amendment deals with changes or updates made to the representations and warranties provided by ICN and PhoneXchange. It ensures all information provided remains accurate and up to date. 4. Pennsylvania First Amendment to Sample Stock Purchase Agreement — Additional Conditions Precedent: This type of amendment adds or modifies the conditions that must be fulfilled before the closing of the stock purchase agreement. It ensures that both parties are satisfied with the necessary prerequisites. 5. Pennsylvania First Amendment to Sample Stock Purchase Agreement — Indemnification Clause Modification: This amendment focuses on changes to the indemnification clause of the original agreement. It may provide further clarification or modify the extent of indemnification, ensuring fairness and protection for both ICN and PhoneXchange. Conclusion: The Pennsylvania First Amendment to Sample Stock Purchase Agreement serves as a crucial legal document for ICN and PhoneXchange, enabling them to modify specific clauses of their original agreement. These amendments cater to various aspects like purchase price, closing date, representations and warranties, conditions precedent, and indemnification. By addressing the specific needs of the parties involved, this amendment ensures transparency, clarity, and legality throughout the stock purchase agreement process.