Chicago Illinois 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
• City: Chicago
• 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. Chicago Illinois Amendment No. 1 to Plan of Merger and Reorganization by and among Digital Insight Corp, Black Transitory Corp, and front, Inc. This detailed description provides an overview of the Chicago Illinois Amendment No. 1 to the Plan of Merger and Reorganization involving Digital Insight Corp, Black Transitory Corp, and front, Inc. It highlights the purpose, key provisions, and potential types of amendments involved. Keywords: Chicago Illinois, Amendment No. 1, Plan of Merger, Reorganization, Digital Insight Corp, Black Transitory Corp, front, Inc. 1. Introduction: The Chicago Illinois Amendment No. 1 to the Plan of Merger and Reorganization is a legal document that outlines modification and adjustments made to the original merger and reorganization plan involving Digital Insight Corp, Black Transitory Corp, and front, Inc. This amendment is specifically applicable within the jurisdiction of Chicago, Illinois. 2. Participants: a. Digital Insight Corp: A company engaged in delivering innovative banking, payments, and financial management solutions. b. Black Transitory Corp: A company involved in the provision of strategic advisory and investment banking services. c. front, Inc.: A company specializing in providing digital transformation solutions for financial institutions. 3. Purpose: The Chicago Illinois Amendment No. 1 aims to address certain concerns, updates, or unforeseen circumstances that have arisen since the initial merger and reorganization plan was established. It aims to ensure the smooth execution and adherence to legal requirements concerning the integration of the three participating entities. 4. Key Provisions: a. Identification: The amendment clearly identifies the participating entities, documenting their legal names, headquarters, and primary business activities to avoid any confusion or potential disputes. b. Modification or Addition: The amendment document specifies the exact nature of the modification, addition, or deletion of provisions from the original plan. The changes may encompass adjustments in shareholding distribution, governance structure, financial terms, or the scope of the mergers and reorganizations. c. Legal Compliance: The amendment ensures that the revised plan complies with all relevant Chicago and Illinois state laws, regulations, and applicable corporate governance requirements. d. Effective Date: The document stipulates the effective date of the amendment, marking the point from which the revised provisions are considered legally binding for all involved parties. e. Termination or Withdrawal Clause: In some cases, an amendment may include a clause outlining the circumstances under which the amendment may be terminated or withdrawn by the involved entities. 5. Potential Types of Amendments: a. Financial Adjustments: The amendment may involve changes in the valuation, consideration, or payment terms of the original merger and reorganization plan. b. Structural Modifications: Amendments might modify the corporate structure, such as the board composition, management roles, or decision-making authority within the merged entity. c. Regulatory Compliance: Amendments could address any unforeseen compliance or regulatory issues that have arisen since the original plan's inception. d. Expansion or Reduction of Scope: The amendment may enlarge or decrease the scope of the merger and reorganization, incorporating additional business units or excluding certain entities or assets. e. Timing or Deadlines: Adjustments in timelines, deadlines, or milestones may be made to accommodate delays or expedite the integration process. In conclusion, the Chicago Illinois Amendment No. 1 to the Plan of Merger and Reorganization represents a crucial legal document that enables Digital Insight Corp, Black Transitory Corp, and front, Inc. to modify and adapt their original merger and reorganization plan as required. By addressing specific concerns and circumstances, this amendment ensures the efficiency and compliance of the overall integration process, benefiting all involved parties.

Chicago Illinois Amendment No. 1 to Plan of Merger and Reorganization by and among Digital Insight Corp, Black Transitory Corp, and front, Inc. This detailed description provides an overview of the Chicago Illinois Amendment No. 1 to the Plan of Merger and Reorganization involving Digital Insight Corp, Black Transitory Corp, and front, Inc. It highlights the purpose, key provisions, and potential types of amendments involved. Keywords: Chicago Illinois, Amendment No. 1, Plan of Merger, Reorganization, Digital Insight Corp, Black Transitory Corp, front, Inc. 1. Introduction: The Chicago Illinois Amendment No. 1 to the Plan of Merger and Reorganization is a legal document that outlines modification and adjustments made to the original merger and reorganization plan involving Digital Insight Corp, Black Transitory Corp, and front, Inc. This amendment is specifically applicable within the jurisdiction of Chicago, Illinois. 2. Participants: a. Digital Insight Corp: A company engaged in delivering innovative banking, payments, and financial management solutions. b. Black Transitory Corp: A company involved in the provision of strategic advisory and investment banking services. c. front, Inc.: A company specializing in providing digital transformation solutions for financial institutions. 3. Purpose: The Chicago Illinois Amendment No. 1 aims to address certain concerns, updates, or unforeseen circumstances that have arisen since the initial merger and reorganization plan was established. It aims to ensure the smooth execution and adherence to legal requirements concerning the integration of the three participating entities. 4. Key Provisions: a. Identification: The amendment clearly identifies the participating entities, documenting their legal names, headquarters, and primary business activities to avoid any confusion or potential disputes. b. Modification or Addition: The amendment document specifies the exact nature of the modification, addition, or deletion of provisions from the original plan. The changes may encompass adjustments in shareholding distribution, governance structure, financial terms, or the scope of the mergers and reorganizations. c. Legal Compliance: The amendment ensures that the revised plan complies with all relevant Chicago and Illinois state laws, regulations, and applicable corporate governance requirements. d. Effective Date: The document stipulates the effective date of the amendment, marking the point from which the revised provisions are considered legally binding for all involved parties. e. Termination or Withdrawal Clause: In some cases, an amendment may include a clause outlining the circumstances under which the amendment may be terminated or withdrawn by the involved entities. 5. Potential Types of Amendments: a. Financial Adjustments: The amendment may involve changes in the valuation, consideration, or payment terms of the original merger and reorganization plan. b. Structural Modifications: Amendments might modify the corporate structure, such as the board composition, management roles, or decision-making authority within the merged entity. c. Regulatory Compliance: Amendments could address any unforeseen compliance or regulatory issues that have arisen since the original plan's inception. d. Expansion or Reduction of Scope: The amendment may enlarge or decrease the scope of the merger and reorganization, incorporating additional business units or excluding certain entities or assets. e. Timing or Deadlines: Adjustments in timelines, deadlines, or milestones may be made to accommodate delays or expedite the integration process. In conclusion, the Chicago Illinois Amendment No. 1 to the Plan of Merger and Reorganization represents a crucial legal document that enables Digital Insight Corp, Black Transitory Corp, and front, Inc. to modify and adapt their original merger and reorganization plan as required. By addressing specific concerns and circumstances, this amendment ensures the efficiency and compliance of the overall integration process, benefiting all involved parties.