Amend. No. 1 to Stock Purch. Agr. btwn Wynn's International, Goshen Rubber Co., Inc., Wm. P. Johnson, shareholders & Berkshire Taconic Community Found. dated December 17, 1999. 9 pages
Sample Amendment to Stock Purchase Agreement between Wynn's International, Goshen Rubber Co., Inc., shareholders, and Berkshire Laconic Community Foundation Keywords: Amendment, Stock Purchase Agreement, Wynn's International, Goshen Rubber Co., Inc., shareholders, Berkshire Laconic Community Foundation. Description: This is a sample amendment to the stock purchase agreement between Wynn's International and Goshen Rubber Co., Inc., shareholders, and Berkshire Laconic Community Foundation. The amendment aims to address specific modifications, updates, or additions that parties involved in the agreement wish to make. In this amendment, the parties involved may make changes to the existing terms and conditions outlined in the original stock purchase agreement. These changes could include, but are not limited to, alterations in purchase price, adjustment of share transferability, revision of shareholder rights and obligations, or any other mutually agreed-upon modifications. By executing this amendment, Wynn's International, Goshen Rubber Co., Inc., shareholders, and Berkshire Laconic Community Foundation agree to acknowledge and implement the proposed changes to the stock purchase agreement. It is crucial for all parties involved to understand the implications of the amendment and how it affects their rights and obligations as shareholders or the purchasing entity. Moreover, this sample amendment emphasizes clear communication between the parties involved to avoid any misunderstandings. It may contain clauses defining the effective date of the amendment, clarifying the governing law, dispute resolution mechanisms, and any confidentiality agreements necessary. Different Types of Sample Amendments to Stock Purchase Agreement: 1. Amendment Regarding Purchase Price: This type of amendment focuses on modifying the purchase price stipulated in the original stock purchase agreement. It may involve adjustments due to changes in market conditions or other factors. 2. Amendment for Additional Share Transferability: This type of amendment allows for modifications related to the transferability of shares. It might include expanding the pool of eligible buyers or streamlining the review process. 3. Amendment to Shareholder Rights and Obligations: This amendment aims to revise the rights and obligations of the shareholders. It may address issues such as voting powers, board representation, or dividend distribution, among others. 4. Amendment Regarding Termination or Expiration: This type of amendment specifies the conditions and terms for the termination or expiration of the stock purchase agreement. It ensures clarity on how the agreement can be concluded or extended beyond its initial term. Please note that the provided information serves as a general description of a sample amendment to a stock purchase agreement. Any party seeking to draft or modify such an amendment should consult legal professionals or advisors, as specific circumstances and legal requirements may vary.
Sample Amendment to Stock Purchase Agreement between Wynn's International, Goshen Rubber Co., Inc., shareholders, and Berkshire Laconic Community Foundation Keywords: Amendment, Stock Purchase Agreement, Wynn's International, Goshen Rubber Co., Inc., shareholders, Berkshire Laconic Community Foundation. Description: This is a sample amendment to the stock purchase agreement between Wynn's International and Goshen Rubber Co., Inc., shareholders, and Berkshire Laconic Community Foundation. The amendment aims to address specific modifications, updates, or additions that parties involved in the agreement wish to make. In this amendment, the parties involved may make changes to the existing terms and conditions outlined in the original stock purchase agreement. These changes could include, but are not limited to, alterations in purchase price, adjustment of share transferability, revision of shareholder rights and obligations, or any other mutually agreed-upon modifications. By executing this amendment, Wynn's International, Goshen Rubber Co., Inc., shareholders, and Berkshire Laconic Community Foundation agree to acknowledge and implement the proposed changes to the stock purchase agreement. It is crucial for all parties involved to understand the implications of the amendment and how it affects their rights and obligations as shareholders or the purchasing entity. Moreover, this sample amendment emphasizes clear communication between the parties involved to avoid any misunderstandings. It may contain clauses defining the effective date of the amendment, clarifying the governing law, dispute resolution mechanisms, and any confidentiality agreements necessary. Different Types of Sample Amendments to Stock Purchase Agreement: 1. Amendment Regarding Purchase Price: This type of amendment focuses on modifying the purchase price stipulated in the original stock purchase agreement. It may involve adjustments due to changes in market conditions or other factors. 2. Amendment for Additional Share Transferability: This type of amendment allows for modifications related to the transferability of shares. It might include expanding the pool of eligible buyers or streamlining the review process. 3. Amendment to Shareholder Rights and Obligations: This amendment aims to revise the rights and obligations of the shareholders. It may address issues such as voting powers, board representation, or dividend distribution, among others. 4. Amendment Regarding Termination or Expiration: This type of amendment specifies the conditions and terms for the termination or expiration of the stock purchase agreement. It ensures clarity on how the agreement can be concluded or extended beyond its initial term. Please note that the provided information serves as a general description of a sample amendment to a stock purchase agreement. Any party seeking to draft or modify such an amendment should consult legal professionals or advisors, as specific circumstances and legal requirements may vary.