Fairfax 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
• County: Fairfax
• 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 Fairfax Virginia First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. is a legally binding document that outlines the modifications made to an existing stock purchase agreement between the two companies. This amendment serves to reflect changes to the original agreement and ensures transparency and clarity in their business dealings. The Fairfax Virginia First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. can be categorized into different types based on the nature of the modifications introduced: 1. Amendment for Purchase Price Adjustment: This type of amendment may be necessary when there is a need to revise the purchase price agreed upon in the original stock purchase agreement. Factors such as changes in market conditions, financial performance, or the inclusion of additional assets or liabilities may lead to adjustments in the purchase price. 2. Amendment for Additional Representations and Warranties: In some cases, the parties involved may require the inclusion of additional representations and warranties that were not previously covered in the original agreement. These additional clauses ensure that both parties are fully informed about any relevant information that may affect the stock purchase. 3. Amendment for Change in Closing Conditions: This type of amendment specifies alterations to the conditions required for the closing of the stock purchase. Changes may arise due to regulatory requirements, financial obligations, or the need for certain approvals, and the amendment ensures that both parties are aware of any adjustments needed. 4. Amendment for Indemnity and Limitation of Liability: This type of amendment focuses on modifying the provisions related to indemnification and limitation of liability outlined in the stock purchase agreement. Parties may agree to change the scope or limitations of indemnification, or revise the liability caps to mitigate risks and ensure fair treatment in case of any potential claims. 5. Amendment for Time Extension: In situations where parties need more time to fulfill certain obligations outlined in the original agreement, an amendment for time extension can be made. This amendment extends the deadlines for specific milestones, such as conducting due diligence, securing financing, or completing regulatory requirements. Overall, the Fairfax Virginia First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. showcases the flexibility and adaptability of stock purchase agreements, allowing the parties to make necessary modifications while maintaining transparency and protecting their rights and interests.

The Fairfax Virginia First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. is a legally binding document that outlines the modifications made to an existing stock purchase agreement between the two companies. This amendment serves to reflect changes to the original agreement and ensures transparency and clarity in their business dealings. The Fairfax Virginia First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. can be categorized into different types based on the nature of the modifications introduced: 1. Amendment for Purchase Price Adjustment: This type of amendment may be necessary when there is a need to revise the purchase price agreed upon in the original stock purchase agreement. Factors such as changes in market conditions, financial performance, or the inclusion of additional assets or liabilities may lead to adjustments in the purchase price. 2. Amendment for Additional Representations and Warranties: In some cases, the parties involved may require the inclusion of additional representations and warranties that were not previously covered in the original agreement. These additional clauses ensure that both parties are fully informed about any relevant information that may affect the stock purchase. 3. Amendment for Change in Closing Conditions: This type of amendment specifies alterations to the conditions required for the closing of the stock purchase. Changes may arise due to regulatory requirements, financial obligations, or the need for certain approvals, and the amendment ensures that both parties are aware of any adjustments needed. 4. Amendment for Indemnity and Limitation of Liability: This type of amendment focuses on modifying the provisions related to indemnification and limitation of liability outlined in the stock purchase agreement. Parties may agree to change the scope or limitations of indemnification, or revise the liability caps to mitigate risks and ensure fair treatment in case of any potential claims. 5. Amendment for Time Extension: In situations where parties need more time to fulfill certain obligations outlined in the original agreement, an amendment for time extension can be made. This amendment extends the deadlines for specific milestones, such as conducting due diligence, securing financing, or completing regulatory requirements. Overall, the Fairfax Virginia First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. showcases the flexibility and adaptability of stock purchase agreements, allowing the parties to make necessary modifications while maintaining transparency and protecting their rights and interests.