Rhode Island First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc.

State:
Multi-State
Control #:
US-EG-9148
Format:
Word; 
Rich Text
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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 Rhode Island First Amendment to Sample Stock Purchase Agreement is a legal document that governs the changes and modifications made to the original stock purchase agreement between Integrated Communication Networks, Inc. (ICN) and PhoneXchange, Inc. This amendment outlines the specific alterations or additions made to the existing agreement, in order to accommodate any new terms or variables that may arise during the course of the stock purchase. The first type of Rhode Island First Amendment to the Sample Stock Purchase Agreement pertains to a change in the purchase price. In certain cases, the parties involved may agree to modify the original purchase price of the stocks, due to various circumstances such as market fluctuations or changes in the financial condition of either company. This amendment ensures that the price adjustment is documented and included in the revised agreement. Another possible type of Rhode Island First Amendment to the Sample Stock Purchase Agreement relates to the alteration of the closing date. The closing date signifies the finalization of the stock purchase, where all legal and financial obligations are completed. However, it is possible that unforeseen events or delays may require the parties to extend or change the original closing date. This type of amendment would address any revised deadlines and ensure both parties are in agreement regarding the new timeframe. Additionally, the Rhode Island First Amendment to the Sample Stock Purchase Agreement may include modifications regarding representations and warranties. Representations and warranties are statements made by each party regarding the accuracy and truthfulness of certain information. If any changes or updates are required in the representations and warranties section of the original agreement, a separate amendment can be drafted to reflect these adjustments accurately. Other potential amendments may include changes in the conditions precedent, which are specific requirements that must be fulfilled before the stock purchase can be completed. Amendments addressing indemnification provisions, dispute resolution methods, or any other alteration to the original agreement can also be included based on the unique circumstances of the stock purchase. It is important to note that the content and specific types of Rhode Island First Amendment to the Sample Stock Purchase Agreement may vary depending on the requirements and preferences of the parties involved. It is crucial to consult with legal professionals to ensure that any amendments made to the stock purchase agreement comply with relevant laws and protect the rights and interests of all parties.

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Rhode Island First Amendment to Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc.