AI
Tuesday, January 29, 2019 3:17:20 PM
Yes One-third (1/3) of the Incentive Payments have been paid upon the Court-approval of a Successful bid in respect of the Petitioners assets or business.
The remaining Two-thirds (2/3) will be paid upon closing of a Transaction.
A SISP in Liquidation Scenario was Successful.
PWC has not reported the amount paid out to the KERP charge in cash flows because they dont have to.
The KERP summary of employees and all related information is filed under a seal of confidentiality (Exhibit R-10).
We will not know the amount paid owed to the KERP charge that has been paid, unless the the court or PWC discloses such information.
The remaining Two-thirds (2/3) will be paid upon closing of a Transaction.
A SISP in Liquidation Scenario was Successful.
PWC has not reported the amount paid out to the KERP charge in cash flows because they dont have to.
The KERP summary of employees and all related information is filed under a seal of confidentiality (Exhibit R-10).
We will not know the amount paid owed to the KERP charge that has been paid, unless the the court or PWC discloses such information.
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