Additional CEOC Plan Covenants of the Company. Within five (5) business days after the Agreement Effective Date, the Company shall (a) replace the term sheet for the New CEC Convertible Notes which is attached to the CEOC Plan as Exhibit B with the Amended New CEC Convertible Notes Term Sheet, (b) amend the CEOC Plan to provide that the Stay Fee shall be paid to the Stay Fee Parties in New CEC Common Equity (at a price per share of New CEC Common Equity using an equity value for New CEC of $7.0 billion, which assumes $1 billion of New CEC Convertible Notes and is the midpoint under the CEOC Disclosure Statement), subject to the terms herein, (c) amend the CEOC Plan to provide that the Consensual Deal / Plan Confirmation Fee shall be paid to the Consensual Deal / Plan Confirmation Fee Parties in New CEC Common Equity (at a price per share of New CEC Common Equity using an equity value for New CEC of $7.0 billion, which assumes $1 billion of New CEC Convertible Notes and is the midpoint under the CEOC Disclosure Statement)2, subject to the terms herein and (d) replace the treatment of the Second Lien Notes Claims under the CEOC Plan with the following: “Subject to Article VI hereof, on the Effective Date, except to the extent that a Holder of an Allowed Second Lien Notes Claim agrees to a less favorable treatment, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for each Allowed Second Lien Notes Claim, and subject to any Reduced Claim Adjustment, each such Holder shall receive their Pro Rata share of:
