The Proposed Restructuring Clause Samples

The Proposed Restructuring. (a) The Parties hereby agree to implement a restructuring (the “Restructuring”) transaction for the Company in accordance with and subject to the terms and conditions set forth in this Agreement, including (i) the First Amended Joint Chapter 11 Plan of Reorganization of Avaya Inc. and Its Debtor Affiliates in substantially the form attached as Exhibit B hereto (together with all exhibits, schedules, attachments or appendices thereto, in each case as may be amended, supplemented or otherwise modified from time to time in accordance with the terms herein and therein, the “Amended Plan”), (ii) the term sheet setting forth the principal terms of the proposed settlement (the “PBGC Settlement”) with Pension Benefit Guaranty Corporation (“PBGC”) attached as Exhibit C hereto (the “PBGC Settlement Term Sheet”), (iii) the term sheet setting forth the principal terms relating to corporate governance of the Reorganized Debtors (as defined in the Amended Plan) attached as Exhibit D hereto (the “Corporate Governance Term Sheet”), and (iv) the term sheet setting forth the principal terms of the New Secured Debt (as defined in the Amended Plan) attached as Exhibit E hereto (the “New Secured Debt Term Sheet” and, collectively with the PBGC Settlement Term Sheet, and the Corporate Governance Term Sheet, the “Term Sheets”).1 (b) The Restructuring will be effectuated through the solicitation, confirmation and consummation of the Amended Plan, which shall be on terms and conditions consistent with this Agreement and otherwise reasonably acceptable to (i) the Company,

The Proposed Restructuring. (a) The Parties hereby agree to implement a restructuring (the “Restructuring”) transaction for the Company in accordance with and subject to the terms and conditions set forth in this Agreement, including (i) the Second Amended Joint Chapter 11