Amendment No. 1 to the Agreement and Plan of Merger and Reorganization by and among Digital Insight Corporation, Black Transitory Corporation and nFront.Inc. dated January 6, 2000. 2 pages.
Puerto Rico Amendment No. 1 to Plan of Merger and Reorganization by Digital Insight Corp, Black Transitory Corp, and front, Inc. The Puerto Rico Amendment No. 1 to Plan of Merger and Reorganization is a legal document that outlines the modified terms and conditions of the merger agreement between Digital Insight Corp, Black Transitory Corp, and front, Inc. This amendment aims to provide specific adjustments and revisions to the original merger plan. It reflects the parties' intent to tailor the merger agreement to the unique requirements, laws, and regulations of Puerto Rico. This amendment encompasses various types of modifications, including but not limited to the following: 1. Regulatory Compliance: The Puerto Rico Amendment No. 1 addresses the specific legal and regulatory considerations necessary for the merger to occur in compliance with Puerto Rican laws and regulations. It ensures all steps taken during the merger process adhere to the local legal framework, facilitating a smooth transition and avoiding any potential legal hurdles. 2. Tax Implications: This amendment evaluates the tax implications resulting from the merger, taking into account Puerto Rico's specific tax laws and requirements. It aims to optimize the tax structure of the newly formed entity and achieve the most favorable tax treatment allowable under Puerto Rican tax legislation. 3. Financial Considerations: The amendment analyzes the financial aspects of the merger in light of Puerto Rico's economic environment. It may include adjustments to the financial projections, accounting procedures, or valuation methods to better reflect the local market conditions and economic indicators. 4. Corporate Governance: This amendment establishes the revised corporate governance principles for the post-merger entity as it pertains to Puerto Rico. It addresses matters such as board composition, voting rights, and shareholder protections in accordance with local corporate laws and customs. 5. Intellectual Property and Trademark Rights: If applicable, the amendment outlines any necessary modifications regarding the protection and ownership rights of intellectual property and trademarks in Puerto Rico. It ensures proper compliance with local intellectual property laws and regulations. By incorporating these modifications specific to Puerto Rico, the parties involved aim to enhance the effectiveness and legality of the merger between Digital Insight Corp, Black Transitory Corp, and front, Inc. Keywords: Puerto Rico Amendment No. 1, Plan of Merger and Reorganization, Digital Insight Corp, Black Transitory Corp, front, Inc, regulatory compliance, tax implications, financial considerations, corporate governance, intellectual property, trademark rights.
Puerto Rico Amendment No. 1 to Plan of Merger and Reorganization by Digital Insight Corp, Black Transitory Corp, and front, Inc. The Puerto Rico Amendment No. 1 to Plan of Merger and Reorganization is a legal document that outlines the modified terms and conditions of the merger agreement between Digital Insight Corp, Black Transitory Corp, and front, Inc. This amendment aims to provide specific adjustments and revisions to the original merger plan. It reflects the parties' intent to tailor the merger agreement to the unique requirements, laws, and regulations of Puerto Rico. This amendment encompasses various types of modifications, including but not limited to the following: 1. Regulatory Compliance: The Puerto Rico Amendment No. 1 addresses the specific legal and regulatory considerations necessary for the merger to occur in compliance with Puerto Rican laws and regulations. It ensures all steps taken during the merger process adhere to the local legal framework, facilitating a smooth transition and avoiding any potential legal hurdles. 2. Tax Implications: This amendment evaluates the tax implications resulting from the merger, taking into account Puerto Rico's specific tax laws and requirements. It aims to optimize the tax structure of the newly formed entity and achieve the most favorable tax treatment allowable under Puerto Rican tax legislation. 3. Financial Considerations: The amendment analyzes the financial aspects of the merger in light of Puerto Rico's economic environment. It may include adjustments to the financial projections, accounting procedures, or valuation methods to better reflect the local market conditions and economic indicators. 4. Corporate Governance: This amendment establishes the revised corporate governance principles for the post-merger entity as it pertains to Puerto Rico. It addresses matters such as board composition, voting rights, and shareholder protections in accordance with local corporate laws and customs. 5. Intellectual Property and Trademark Rights: If applicable, the amendment outlines any necessary modifications regarding the protection and ownership rights of intellectual property and trademarks in Puerto Rico. It ensures proper compliance with local intellectual property laws and regulations. By incorporating these modifications specific to Puerto Rico, the parties involved aim to enhance the effectiveness and legality of the merger between Digital Insight Corp, Black Transitory Corp, and front, Inc. Keywords: Puerto Rico Amendment No. 1, Plan of Merger and Reorganization, Digital Insight Corp, Black Transitory Corp, front, Inc, regulatory compliance, tax implications, financial considerations, corporate governance, intellectual property, trademark rights.