LIMITED LIABILITY COMPANY AGREEMENT OF DRF LOGISTICS, LLCLimited Liability Company Agreement • August 9th, 2024 • Pitney Bowes Inc /De/ • Office machines, nec • Delaware
This Amended and Restated Limited Liability Company Agreement (this “Agreement”) of DRF Logistics, LLC, a Delaware limited liability company (the “Company”), effective as of August 8, 2024, (the “Effective Date”), is entered into by and between Pitney Bowes International Holdings, Inc., a Delaware Corporation (“PBIHI”) and HCI DRF, LLC, a Delaware limited liability company (“Hilco” and together, with PBIHI, the “Members” or each, a “Member”), pursuant to and in accordance with the Delaware Limited Liability Company Act (6 De.C. § 18-101, et seq.), as amended from time to time (the “Act”).
World Headquarters Stamford, CT 06926Letter Agreement • August 9th, 2024 • Pitney Bowes Inc /De/ • Office machines, nec
RESTRUCTURING SUPPORT AGREEMENTRestructuring Support Agreement • August 9th, 2024 • Pitney Bowes Inc /De/ • Office machines, nec • New York
This Restructuring Support Agreement (this “Agreement”) is made as of August 8, 2024, by and among (i) DRF Logistics, LLC (“DRFL”) and DRF, LLC (“DRFLLC”) (collectively, the “Debtors” and each a “Debtor”), (ii) Pitney Bowes, Inc. (“PBI”) and Pitney Bowes International Holdings, Inc. (“PBIH”), and (iii) the undersigned holders of Oaktree Secured Claims (as defined below) (collectively, “Oaktree” and together with PBI and PBIH, the “Consenting Parties”). DRFL, DRFLLC, PBI, PBIH and Oaktree are collectively referred to herein as the “Parties” and each individually as a “Party.”
SETTLEMENT AND RELEASE AGREEMENTSettlement and Release Agreement • August 9th, 2024 • Pitney Bowes Inc /De/ • Office machines, nec • New York
This Settlement and Release Agreement (as amended, restated, supplemented, or otherwise modified from time to time, this “Agreement”) is made and entered into as of August 8, 2024, by and among (i) DRF Logistics, LLC, a Delaware limited liability company (“DRF Logistics”), and DRF, LLC, a Texas limited liability company, as proposed debtors and debtors-in-possession (“DRF” and, together with DRF Logistics, the “Debtors”) and (ii) Pitney Bowes Inc., a Delaware corporation (“PBI”), and Pitney Bowes International Holdings, Inc., a Delaware corporation (“PBIH”) (collectively, the “PBI Entities”). Each Debtor and each of the PBI Entities may be referred to individually herein as a “Party” and collectively as the “Parties.”
