Utah Amendment No. 1 to Plan of Merger and Reorganization by and among Digital Insight Corp, Black Transitory Corp and nFront, Inc.

• Category: Corporations - Public - Mergers
• State: Multi-State
• Control #: US-EG-9416
• Format: Word; Rich Text

Description

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. Utah Amendment No. 1 to Plan of Merger and Reorganization by and among Digital Insight Corp, Black Transitory Corp and front, Inc. — Detailed Description and Analysis Keywords: Utah Amendment No. 1, Plan of Merger and Reorganization, Digital Insight Corp, Black Transitory Corp, front Inc, corporate merger, reorganization, Utah state law. Introduction: Utah Amendment No. 1 to the Plan of Merger and Reorganization involves Digital Insight Corp, Black Transitory Corp, and front, Inc. This amendment becomes necessary when changes are required in the terms and conditions of the original merger and reorganization plan. This detailed description provides an overview of the key aspects and implications of this Utah Amendment. 1. Purpose and Overview: Utah Amendment No. 1 aims to modify the original Plan of Merger and Reorganization between Digital Insight Corp, Black Transitory Corp, and front, Inc. It outlines specific changes to be made in the existing terms, provisions, and understandings governing the merger process. 2. Parties Involved: The primary entities involved in this amendment are Digital Insight Corp, a technology solutions provider, Black Transitory Corp, a transitional services firm, and front, Inc., a leading financial services provider. Each company has a distinct role in the merger and reorganization process. 3. Amendments: The Utah Amendment No. 1 may encompass various types of modifications to the original plan. While the specific nature of these changes may vary, they typically include: a) Altered Financial Terms: This amendment might involve adjustments to the financial terms and conditions agreed upon in the original merger plan. It could include changes in the valuation of equity, assets, liabilities, stock prices, or purchase prices. b) Governance and Management Changes: Amendments may also touch upon matters related to the corporate governance structure, management hierarchy, roles, and responsibilities of key executives and board members post-merger. c) Operational Modifications: This type of amendment may address alterations in operational processes, systems integration plans, resource allocation, or technology infrastructure to ensure a smoother transition and alignment of business operations. d) Legal and Regulatory Compliance: If there is a need to adhere to specific legal or regulatory requirements, this amendment can reflect adjustments to accommodate such obligations. It may include compliance with applicable state laws, federal regulations, or industry-specific mandates. 4. Legal Framework: Utah Amendment No. 1 is structured in accordance with the legal provisions of the state of Utah. By adhering to state laws, the amendment ensures its validity and enforceability within the jurisdiction. Conclusion: Utah Amendment No. 1 to the Plan of Merger and Reorganization by Digital Insight Corp, Black Transitory Corp, and front, Inc. demonstrates the dynamic nature of corporate mergers. This amendment outlines necessary changes required to accommodate evolving circumstances, maintain legal compliance, and ensure a successful merger and reorganization process. Through careful consideration and execution of this amendment, the involved parties strive to achieve their shared objectives and enhance their collective business interests.

Utah Amendment No. 1 to Plan of Merger and Reorganization by and among Digital Insight Corp, Black Transitory Corp and front, Inc. — Detailed Description and Analysis Keywords: Utah Amendment No. 1, Plan of Merger and Reorganization, Digital Insight Corp, Black Transitory Corp, front Inc, corporate merger, reorganization, Utah state law. Introduction: Utah Amendment No. 1 to the Plan of Merger and Reorganization involves Digital Insight Corp, Black Transitory Corp, and front, Inc. This amendment becomes necessary when changes are required in the terms and conditions of the original merger and reorganization plan. This detailed description provides an overview of the key aspects and implications of this Utah Amendment. 1. Purpose and Overview: Utah Amendment No. 1 aims to modify the original Plan of Merger and Reorganization between Digital Insight Corp, Black Transitory Corp, and front, Inc. It outlines specific changes to be made in the existing terms, provisions, and understandings governing the merger process. 2. Parties Involved: The primary entities involved in this amendment are Digital Insight Corp, a technology solutions provider, Black Transitory Corp, a transitional services firm, and front, Inc., a leading financial services provider. Each company has a distinct role in the merger and reorganization process. 3. Amendments: The Utah Amendment No. 1 may encompass various types of modifications to the original plan. While the specific nature of these changes may vary, they typically include: a) Altered Financial Terms: This amendment might involve adjustments to the financial terms and conditions agreed upon in the original merger plan. It could include changes in the valuation of equity, assets, liabilities, stock prices, or purchase prices. b) Governance and Management Changes: Amendments may also touch upon matters related to the corporate governance structure, management hierarchy, roles, and responsibilities of key executives and board members post-merger. c) Operational Modifications: This type of amendment may address alterations in operational processes, systems integration plans, resource allocation, or technology infrastructure to ensure a smoother transition and alignment of business operations. d) Legal and Regulatory Compliance: If there is a need to adhere to specific legal or regulatory requirements, this amendment can reflect adjustments to accommodate such obligations. It may include compliance with applicable state laws, federal regulations, or industry-specific mandates. 4. Legal Framework: Utah Amendment No. 1 is structured in accordance with the legal provisions of the state of Utah. By adhering to state laws, the amendment ensures its validity and enforceability within the jurisdiction. Conclusion: Utah Amendment No. 1 to the Plan of Merger and Reorganization by Digital Insight Corp, Black Transitory Corp, and front, Inc. demonstrates the dynamic nature of corporate mergers. This amendment outlines necessary changes required to accommodate evolving circumstances, maintain legal compliance, and ensure a successful merger and reorganization process. Through careful consideration and execution of this amendment, the involved parties strive to achieve their shared objectives and enhance their collective business interests.