SECURED SUPER-PRIORITY DEBTOR-IN-POSSESSION MULTIPLE DRAW TERM LOAN AGREEMENT Dated as of February 13, 2009 Among Pliant Corporation, As Debtor and Debtor- in-Possession, as Borrower and The Subsidiaries of the Borrower Party Hereto as Guarantors, as...Secured Super-Priority Debtor-in-Possession Multiple Draw Term Loan Agreement • February 17th, 2009 • Pliant Corp • Plastics, foil & coated paper bags • New York
Secured Super-Priority Debtor In Possession Multiple Draw Term Loan Agreement, dated as of February 13, 2009, among Pliant Corporation, a Delaware corporation, as debtor and debtor in possession under chapter 11 of the Bankruptcy Code (as defined below) (the “Borrower”), the Subsidiaries (as defined below) of the Borrower listed on the signature pages hereof as Subsidiary Guarantors, as debtors and debtors-in-possession under chapter 11 of the Bankruptcy Code (the “Subsidiary Guarantors”), the Lenders (as defined below), and The Bank of New York Mellon, as administrative agent for the Lenders (in such capacity, the “Administrative Agent”).
RESTRUCTURING & LOCKUP AGREEMENTRestructuring & Lockup Agreement • February 17th, 2009 • Pliant Corp • Plastics, foil & coated paper bags • New York
Pliant (as defined herein), Pliant Corporation International, Uniplast Holdings, Inc., Pliant Film Products of Mexico, Inc., Pliant Packaging of Canada, LLC, Alliant Company LLC, Uniplast U.S., Inc., Uniplast Industries Co,, and Pliant Corporation of Canada Ltd. propose the following joint plan of reorganization for the resolution of the outstanding claims against and interests in the Debtors (as defined herein). Reference is made to the Disclosure Statement (as that term is defined herein), distributed contemporaneously herewith, for a discussion of the Debtors’ history, business, properties and operations, projections for those operations, risk factors, a summary and analysis of this Plan (as that term is defined herein), and certain related matters including, among other things, the securities to be issued under this Plan. Subject to certain restrictions and requirements set forth herein and in 11 U.S.C. § 1127 and Fed. R. Bankr. P. 3019, the Debtors reserve the right to alter, amen
