Los Angeles California First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. The Los Angeles California First Amendment to the Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. (ICN) and PhoneXchange, Inc. is a legally binding document that outlines the modifications and updates made to the original agreement. This amendment reflects the parties' consent to revise certain terms and conditions mentioned in the initial Stock Purchase Agreement. The purpose of this amendment is to provide flexibility and accommodate any necessary alterations to the original agreement, ensuring that both ICN and PhoneXchange can better align their interests and protect their rights. This document allows both parties to outline the specific changes being made and mutually agree upon the modifications. The Los Angeles California First Amendment may include various types, such as: 1. Amendment of Purchase Price: This type of amendment adjusts the purchase price agreed upon in the original Stock Purchase Agreement. This could be due to changes in the market conditions, assessment of the company's value, or other factors impacting the pre-determined price. 2. Revision of Closing Conditions: This amendment might address the modification of closing conditions that must be met before the completion of the stock purchase, including regulatory approvals, financial disclosures, or any relevant compliance requirements. 3. Alteration of Representations and Warranties: This type of amendment could involve revisiting and updating the representations and warranties made by both ICN and PhoneXchange in the original agreement. This ensures that the information provided is accurate and up to date, reflecting the current situation of the companies involved. 4. Amendment to Indemnification Provisions: This amendment could address any changes to the indemnification provisions outlined in the original agreement, including the scope of indemnification, methods of claim resolution, and any limitations or exclusions that need to be revised. 5. Modifications to Governing Law and Jurisdiction: This type of amendment might involve changes to the choice of law and jurisdiction clauses within the original agreement. It allows both parties to adapt to any changes in regulatory frameworks or preferences for dispute resolution. These types of amendments, among others, can be incorporated into the Los Angeles California First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc. The purpose is to ensure that the agreement remains relevant, current, and reflects the evolving needs and circumstances of both companies.