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Re: JohnnyWinter post# 180604

Friday, 03/26/2010 10:08:00 PM

Friday, March 26, 2010 10:08:00 PM

Post# of 731465

30.3 Equity Interests Deemed to Reject: The Equity Interests in Classes 20
and 21 are not entitled to receive any distribution or retain their Equity Interests pursuant to the
Plan
, are deemed to reject the Plan, and are not entitled to accept or reject the Plan, pursuant to
section 1126(g) of the Bankruptcy Code
.


32.7 Issuance of Reorganized Common Stock and Additional Common
Stock: The issuance by Reorganized WMI of the Reorganized Common Stock and Additional
Common Stock on the Effective Date is hereby authorized without the need for any further
corporate action and without any further action by holders of Claims or Equity Interests.


41.6 Shareholders’ Agreement: Reorganized WMI and its shareholders (and
their shares of Reorganized Common Stock and Additional Common Stock) shall be subject to,
and bound by, a shareholders’ agreement, which shall in form and substance be reasonably
satisfactory to the Backstop Purchasers and the Creditors’ Committee.


42.17 Withdrawal of Equity Committee Adversary Proceeding: On the
Effective Date, the Equity Committee Adversary Proceeding shall be deemed withdrawn, with
prejudice, without any further action.


Where are all of the self-proclaimed bankruptcy lawyers now???????




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