SEC Contract Filing

Filing Date: 2019-12-17

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ex10-1.htm
<DESCRIPTION>FIRST AMENDMENT TO THE RESTRUCTURING SUPPORT AGREEMENT
<TEXT>
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 <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 10.1</font><br>
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 <div style="text-align: center; line-height: 1.00; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">FIRST AMENDMENT TO RESTRUCTURING SUPPORT AGREEMENT</div>
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 <div style="text-align: justify; text-indent: 36pt; line-height: 1.00; font-family: 'Times New Roman'; font-size: 10pt;">This FIRST AMENDMENT TO THE RESTRUCTURING SUPPORT AGREEMENT (this &#8220;<font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Amendment</font>&#8221;), dated as of December 16, 2019 (the &#8220;<font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Effective Date</font>&#8221;), is entered into by and among (a)&#160;the Debtors; (b)&#160;the TCC; (c)&#160;the
 Consenting Fire Claimant Professionals; and (d)&#160;the Shareholder Proponents (each as defined in the RSA referenced below).</div>
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 <div style="text-align: justify; text-indent: 36pt; line-height: 1.00; font-family: 'Times New Roman'; font-size: 10pt;">WHEREAS, the Debtors, the TCC, the Consenting Fire Claimant Professionals and the Shareholder Proponents are parties to that certain
 Restructuring Support Agreement, dated December 6, 2019 (together with all exhibits and attachments thereto, the &#8220;<font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">RSA</font>&#8221;); and</div>
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 <div style="text-align: justify; text-indent: 36pt; line-height: 1.00; font-family: 'Times New Roman'; font-size: 10pt;">WHEREAS, the Parties desire to amend the RSA as set forth herein.</div>
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 <div style="text-align: justify; text-indent: 36pt; line-height: 1.00; font-family: 'Times New Roman'; font-size: 10pt;">NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, for good and valuable consideration, the
 receipt and sufficiency of which are hereby acknowledged, the Parties hereto agree as follows:</div>
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 <div style="text-align: justify; line-height: 1; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman';"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>Definitions.</u></font>&#160; Capitalized terms used herein shall have the meanings given to them in the RSA unless otherwise defined herein.</font></div>
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 <div style="text-align: justify; line-height: 1; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">2.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman';"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>Amendment to the RSA</u></font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">.</font>&#160; Section 3(a)(iii) of the RSA is hereby deleted in its entirety and
 replaced with the following:</font></div>
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 <div style="text-align: justify; line-height: 1; margin-left: 63pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">&#8220;iii.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman';">[reserved].&#8221;</font></div>
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 <div style="text-align: justify; line-height: 1; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">3.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman';"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>Amendment to Amended Plan Definition of &#8220;Aggregate Fire Victim Consideration.&#8221;</u></font>&#160; The Debtors and the Shareholder Proponents agree to amend the Amended Plan by deleting the definition
 of &#8220;Aggregate Fire Victim Consideration&#8221; in its entirety and replacing it with the following:</font></div>
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 <div style="text-align: justify; line-height: 1; margin-left: 36pt; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">1.6</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: 'Times New Roman';"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"><u>Aggregate Fire Victim Consideration</u></font> means the aggregate consideration used to fund the