http://www.kccllc.net/documents/0812229/0812229120216000000000003.pdf 3. Treatment of Preferred Equity Interests. Section 23.1 of the Plan, entitled “Treatment of Preferred Equity Interests,” is hereby amended by deleting the reference to “seventy percent (70%)” in the fifth line thereof and inserting “seventy-five percent (75%)” in lieu thereof.
4. Treatment of Dime Warrants. Section 24.1 of the Plan, entitled “Treatment of Dime Warrants”, shall be amended by deleting the provisions set forth therein and inserting the following in lieu thereof: “Commencing on the Effective Date[I believe is April 16th 2012], and subject to the execution and delivery of a release in accordance with the provisions of Section 41.6 of the Plan, each holder of Dime Warrants shall be entitled to receive such holder’s Pro Rata Share of distributions to be made in accordance with the terms and provisions of the LTW Stipulation.”
5. Treatment of Common Equity Interests. Section 25.1 of the Plan, entitled “Treatment of Common Equity Interests”, is hereby amended by deleting the provisions set forth therein and inserting the following in lieu thereof: “Commencing on the Effective Date, and subject to the execution and delivery of a release in accordance with the provisions of Section 41.6 of the Plan, each holder of Common Equity Interests shall be entitled to receive such holder’s Pro Rata Share of twentyfive percent (25%) of (a) subject to (i) the right of election provided in Sections 6.2(b), 7.2(b), 16.1(b)(ii), 18.2(b), 19.2(b), and 20.2(b) of the Plan and (ii) the rights of holders of Dime Warrants pursuant to the LTW Stipulation, the Reorganized Common Stock, and (b) in the event that all Allowed Claims and Postpetition Interest Claims in respect of Allowed Claims are paid in full (including with respect to Allowed Subordinated Claims), any Liquidating Trust Interests to be redistributed; provided, however, that, in the event at the Confirmation Hearing and in the Confirmation Order, the Bankruptcy Court determines that a different percentage should apply, the foregoing percentage shall be adjusted in accordance with the determination of the Bankruptcy Court and be binding upon each holder of a Common Equity Interest.”