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Equity Interests in Tronox Incorporated: For settlement purposes only, holders of Equity Interests in Tronox Incorporated will have the opportunity to vote on the Plan. If the class votes in favor of the Plan, holders of Equity Interests in Tronox Incorporated shall receive their pro rata share of new warrants to be issued on the Effective Date, which warrants shall be convertible into 5% of the New Common Stock to be issued on the Effective Date at an implied total enterprise value for Reorganized Tronox of $1.5 billion.