Virginia 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 The Virginia First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. is a legally binding document that outlines the amendments made to the original Stock Purchase Agreement between the two parties, specifically within the jurisdiction of Virginia. This agreement governs the purchase and sale of stocks in Integrated Communication Networks, Inc. by PhoneXchange, Inc. The Virginia First Amendment serves to modify or update certain provisions of the initial Stock Purchase Agreement. It is important to note that there may be different types of Virginia First Amendments, each catering to specific modifications required by the parties involved. These amendments can be categorized based on the nature of the changes they introduce, which may include: 1. Structural Amendments: These are changes to the overall structure and organization of the agreement, ensuring clarity and cohesion. They may involve reordering sections, adding new headings, or modifying the table of contents for easier reference. 2. Definitions and Interpretations Amendments: This type of amendment revises or introduces additional definitions and interpretations of key terms and phrases used throughout the agreement. It aims to minimize any ambiguities or confusion by providing clear understandings of specific language. 3. Parties' Obligations and Rights Amendments: Amendments falling within this category typically address the rights, duties, and responsibilities of each party involved in the stock purchase agreement. They may detail revised obligations, compensation terms, the exercise of rights, or limitations imposed on either party. 4. Purchase Price and Payment Amendments: Any changes to the agreed-upon purchase price, payment terms, or adjustments to the mechanism of payment would fall under this category. These amendments ensure that the financial aspects of the stock purchase are accurate and reflective of the parties' new agreement. 5. Warranties and Representations Amendments: This type of amendment deals with any modifications to warranties and representations made by either party. It clarifies the assertions and assurances made regarding the stocks being purchased, ensuring both parties are in agreement and protected. 6. Conditions Precedent Amendments: Conditions precedent represent the requirements that must be met before certain obligations become effective. Amendments made in this category specify any changes to such prerequisites, allowing for a more streamlined process. 7. Confidentiality and Non-Compete Amendments: These amendments address any updates to the confidentiality and non-compete provisions outlined in the original agreement. Parties may agree to expanded or revised terms regarding the protection of sensitive information and restrictive covenants. It is important to consult an attorney or legal expert to understand the specific content and implications of the Virginia First Amendment to the Sample Stock Purchase Agreement for the Integrated Communication Networks, Inc. and PhoneXchange, Inc. case, as its wording, clauses, and sections can differ depending on the parties involved and the changes being introduced.

The Virginia First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. is a legally binding document that outlines the amendments made to the original Stock Purchase Agreement between the two parties, specifically within the jurisdiction of Virginia. This agreement governs the purchase and sale of stocks in Integrated Communication Networks, Inc. by PhoneXchange, Inc. The Virginia First Amendment serves to modify or update certain provisions of the initial Stock Purchase Agreement. It is important to note that there may be different types of Virginia First Amendments, each catering to specific modifications required by the parties involved. These amendments can be categorized based on the nature of the changes they introduce, which may include: 1. Structural Amendments: These are changes to the overall structure and organization of the agreement, ensuring clarity and cohesion. They may involve reordering sections, adding new headings, or modifying the table of contents for easier reference. 2. Definitions and Interpretations Amendments: This type of amendment revises or introduces additional definitions and interpretations of key terms and phrases used throughout the agreement. It aims to minimize any ambiguities or confusion by providing clear understandings of specific language. 3. Parties' Obligations and Rights Amendments: Amendments falling within this category typically address the rights, duties, and responsibilities of each party involved in the stock purchase agreement. They may detail revised obligations, compensation terms, the exercise of rights, or limitations imposed on either party. 4. Purchase Price and Payment Amendments: Any changes to the agreed-upon purchase price, payment terms, or adjustments to the mechanism of payment would fall under this category. These amendments ensure that the financial aspects of the stock purchase are accurate and reflective of the parties' new agreement. 5. Warranties and Representations Amendments: This type of amendment deals with any modifications to warranties and representations made by either party. It clarifies the assertions and assurances made regarding the stocks being purchased, ensuring both parties are in agreement and protected. 6. Conditions Precedent Amendments: Conditions precedent represent the requirements that must be met before certain obligations become effective. Amendments made in this category specify any changes to such prerequisites, allowing for a more streamlined process. 7. Confidentiality and Non-Compete Amendments: These amendments address any updates to the confidentiality and non-compete provisions outlined in the original agreement. Parties may agree to expanded or revised terms regarding the protection of sensitive information and restrictive covenants. It is important to consult an attorney or legal expert to understand the specific content and implications of the Virginia First Amendment to the Sample Stock Purchase Agreement for the Integrated Communication Networks, Inc. and PhoneXchange, Inc. case, as its wording, clauses, and sections can differ depending on the parties involved and the changes being introduced.