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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
If one side backs out, the other may have legal recourse to seek damages or enforce the original terms, as the agreement is meant to be a binding commitment.
Yes, typically amendments can be made if both parties agree to the changes, kind of like a second chance to get it right.