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Merger Those certain transactions on or around March 24, 2015, by and among the predecessors to the Debtors and the completion and production business of Nabors, effectuating a merger of such entities. Mineral Contractor Claim Any Claim that is secured by, or in the reasonable judgment of counsel to the Company may be secured by, a lien on property of a customer of the Debtors arising under chapter 56 of the Texas Property Code, or any similar federal, state, or local law, whether or not such Claim is or may be secured by a lien on property of the Debtors. Nabors \u2587\u2587\u2587\u2587\u2587\u2587 Industries Ltd. New Board As defined in the Term Sheet. New Common Equity Pool 100% of the New Common Stock issued and outstanding on the Effective Date to be distributed to the holders of Allowed Lender Claims in accordance with the Plan, subject to dilution on account of the Management Incentive Plan, the Rights Offering, the Backstop Fee, and the New Warrants. New Common Stock The common stock of Reorganized C&J Energy. New Warrants As defined in the Term Sheet. Other Priority Claim Any Claim other than an Administrative Claim or a Priority Tax Claim entitled to priority in right of payment under section 507(a) of the Bankruptcy Code. Other Secured Claim Any Secured Claim, including any Secured Tax Claim, other than a Lender Claim or a DIP Facility Claim. For the avoidance of doubt, \u201cOther Secured Claims\u201d includes any Claim arising under, derived from, or based upon any letter of credit issued in favor of one or more Debtors, the reimbursement obligation for which is either secured by a Lien on collateral or is subject to a valid right of setoff pursuant to section 553 of the Bankruptcy Code. Petition Date The date on which the Chapter 11 Cases were commenced. Plan As defined in the Term Sheet. Plan Restructuring Documents As defined in the RSA. Plan Supplement Any compilation of documents and forms of documents, agreements, schedules, and exhibits to the Plan, which shall be filed by the Debtors no later than 7 days before the Confirmation Hearing or such later date as may be approved by the Bankruptcy Court on notice to parties in interest, and additional documents filed with the Bankruptcy Court prior to the Effective Date as amendments to the Plan Supplement, each of which shall be consistent in all respects with, and shall otherwise contain, the terms and conditions set forth in the RSA and Term Sheet, where applicable, and shall be in form and substance acceptable to the Debtors and the Required Supporting Creditors. 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2196]}, {"key": "the-transactions", "type": "clause", "offset": [2204, 2220]}, {"key": "affected-by", "type": "definition", "offset": [2284, 2295]}, {"key": "preparation-of-the", "type": "clause", "offset": [2372, 2390]}, {"key": "definitive-documentation", "type": "definition", "offset": [2391, 2415]}, {"key": "related-agreements", "type": "definition", "offset": [2419, 2437]}, {"key": "other-documents", "type": "clause", "offset": [2455, 2470]}, {"key": "each-case", "type": "definition", "offset": [2475, 2484]}, {"key": "arising-out-of", "type": "definition", "offset": [2528, 2542]}, {"key": "relating-to", "type": "definition", "offset": [2546, 2557]}, {"key": "willful-misconduct", "type": "definition", "offset": [2595, 2613]}, {"key": "actual-fraud", "type": "definition", "offset": [2615, 2627]}, {"key": "gross-negligence", "type": "definition", "offset": [2632, 2648]}, {"key": "order-of", "type": "clause", "offset": [2672, 2680]}, {"key": "court-of-competent-jurisdiction", "type": "definition", "offset": [2683, 2714]}, {"key": "to-the-maximum-extent-permitted-by-applicable-law", "type": "clause", "offset": [2716, 2765]}, {"key": "all-parties", "type": "definition", "offset": [2796, 2807]}, {"key": "abstain-from-voting", "type": "definition", "offset": [2878, 2897]}, {"key": "plan-and-confirmation-order", "type": "clause", "offset": [3062, 3089]}, {"key": "discharge-provisions", "type": "clause", "offset": [3128, 3148]}], "snippet": "Plan On the Consummation Date, reorganized Stone shall adopt a management incentive plan (the \u201cManagement Incentive Plan\u201d) which shall provide for the grant of up to 10% of the New Equity Interests (or warrants or options to purchase New Equity Interests or other equity-linked interests) on a fully diluted basis to certain members of management. The form, allocation and any limitations on the Management Incentive Plan shall be determined by the New Board (or a committee thereof). Releases & Exculpation The amended Credit Agreement, the indenture for the New Notes, the Plan, and the Confirmation Order will contain customary mutual releases and other exculpatory provisions in favor of the Company, the Bank Agent, the Consenting Banks, the Consenting Noteholders, the Indenture Trustee, the holders of existing common stock in Stone that provide a release, and each of their respective current and former affiliates, subsidiaries, members, professionals, advisors, employees, directors, and officers, in their respective capacities as such. Such release and exculpation shall include, without limitation, any and all claims, obligations, rights, suits, damages, causes of action, remedies, and liabilities whatsoever, whether known or unknown, foreseen or unforeseen, existing or hereinafter arising, in law, equity, or otherwise, including any derivative claims and avoidance actions, of the Company or the Reorganized Company, whether known or unknown, foreseen or unforeseen, existing or hereinafter arising, in law, equity, or otherwise, that the Company would have been legally entitled to assert in its own right (whether individually or collectively), or on behalf of the holder of any claim or equity interest (whether individually or collectively) or other entity, based in whole or in part upon any act or omission, transaction, or other occurrence or circumstances existing or taking place at any time prior to or on the Consummation Date arising from or related in any way in whole or in part to the Company, the Credit Agreement, the Indentures, the Chapter 11 Cases, the purchase, sale, or rescission of the purchase or sale of any security of the Company, the subject matter of, or the transactions or events giving rise to, any claim or equity interest that is affected by the Transaction or treated in the Plan, or the negotiation, formulation, or preparation of the Definitive Documentation or related agreements, instruments, or other documents, in each case other than claims, actions, or liabilities arising out of or relating to any act or omission that constitutes willful misconduct, actual fraud, or gross negligence as determined by final order of a court of competent jurisdiction. To the maximum extent permitted by applicable law, any such releases shall bind all parties who affirmatively agree or vote to accept the Plan, those parties who abstain from voting on the Plan if they fail to opt-out of the releases, and those parties that vote to reject the Plan unless they opt-out of the releases. Injunction & Discharge The Plan and Confirmation Order will contain customary injunction and discharge provisions.", "size": 3, "samples": [{"hash": "1TSR8CylCPh", "uri": "/contracts/1TSR8CylCPh#management-incentive", "label": "Restructuring Support Agreement (Stone Energy Corp)", "score": 27.9514031485, "published": true}], "hash": "a017b15e3dc8ade505c68069d8b7e89e", "id": 2}, {"snippet_links": [{"key": "term-sheet", "type": "definition", "offset": [23, 33]}], "snippet": "Plan As defined in the Term Sheet.", "size": 2, "samples": [{"hash": "h8AOw0qJKAK", "uri": "/contracts/h8AOw0qJKAK#management-incentive", "label": "Restructuring Support and Lock Up Agreement (Legacy Reserves Inc.)", "score": 30.4483230664, "published": true}, {"hash": "3tdPjOSU33X", "uri": "/contracts/3tdPjOSU33X#management-incentive", "label": "Restructuring Support and Lock Up Agreement (Legacy Reserves Inc.)", "score": 30.4483230664, "published": true}], "hash": "88934de465934e47091fbe467e92da52", "id": 3}, {"snippet_links": [{"key": "restructuring-term-sheet", "type": "clause", "offset": [24, 48]}], "snippet": "Plan As defined in this Restructuring Term Sheet.", "size": 2, "samples": [{"hash": "ghnNYIA9YdU", "uri": "/contracts/ghnNYIA9YdU#management-incentive", "label": "Confidentiality Agreement", "score": 34.1980136687, "published": true}, {"hash": "21JaZFgFY8z", "uri": "/contracts/21JaZFgFY8z#management-incentive", "label": "Restructuring Support Agreement (Chesapeake Energy Corp)", "score": 31.4914442163, "published": true}], "hash": "de0eb7e9dd22e68af6b6dccdd64f381b", "id": 4}, {"snippet_links": [{"key": "after-the-effective-date", "type": "clause", "offset": [39, 63]}, {"key": "company-will", "type": "clause", "offset": [81, 93]}, {"key": "management-incentive-plan", "type": "definition", "offset": [102, 127]}, {"key": "new-common-stock", "type": "definition", "offset": [193, 209]}, {"key": "fully-diluted-basis", "type": "definition", "offset": [242, 261]}, {"key": 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"Plan As soon as reasonably practicable after the Effective Date, the Reorganized Company will adopt a management incentive plan, which management incentive plan shall reserve up to 5.0% of the New Common Stock in the Reorganized Company on a fully diluted basis, and which shall be on the terms and conditions (including any and all awards granted thereunder) to be determined at the discretion of the New Board (including, without limitation, with respect to the participants, allocation, timing, and the form and structure of the options, warrants, and/or equity compensation (the \u201cManagement Incentive Plan\u201d). SEC Reporting The Reorganized Company shall continue as a public reporting company under applicable U.S. securities laws. The Reorganized Company shall continue to file annual, quarterly and current reports in accordance with the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. Stock Exchange The Company shall use commercially reasonable efforts to list the New Common Stock for trading on The NASDAQ Capital Market, the NASDAQ Global Market, the New York Stock Exchange or any other national securities exchange reasonably acceptable to the Company and the Noteholder Committee with such listing to be effective on the Effective Date. Restructuring Fees and Expenses The Debtors shall pay all reasonable and documented fees and out of pocket expenses of one primary counsel to the Noteholder Committee, Akin Gump S\u2587\u2587\u2587\u2587\u2587\u2587 H\u2587\u2587\u2587\u2587 & F\u2587\u2587\u2587 LLP (\u201cAkin\u201d), A\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587, MJM, one local law firm (and with the consent of the Debtors, more than one local law firm) in each relevant jurisdiction outside of the United States and England & Wales, as counsel to the Noteholder Committee, and one financial advisor to the Noteholder Committee, Evercore Group L.L.C. (\u201cEvercore\u201d), in each case, that are due and owing after receipt of applicable invoices, without any requirement for the filing of fee or retention applications in the Chapter 11 Cases, and in accordance with the terms of the applicable engagement letters, with any balance(s) paid on the Effective Date (collectively, the \u201cRestructuring Expenses\u201d). Tax Matters The parties will work together in good faith and will use commercially reasonable efforts to structure and implement the Restructuring and the transactions related thereto in a tax efficient and cost-effective manner for the Company and the Noteholders to the extent practicable. The parties intend to structure the Restructuring to preserve favorable tax attributes to the extent practicable and not materially adverse to the Company or the Noteholders.", "size": 2, "samples": [{"hash": "dgbnHVCVmsZ", "uri": "/contracts/dgbnHVCVmsZ#management-incentive", "label": "Restructuring Support Agreement (Weatherford International PLC)", "score": 30.6892539357, "published": true}], "hash": "343a41908025f5a7f5fa6510e2db4532", "id": 5}, {"snippet_links": [{"key": "as-soon-as-practicable", "type": "definition", "offset": [5, 27]}, {"key": "after-the-effective-date", "type": "clause", "offset": [28, 52]}, {"key": "management-incentive-plan", "type": "definition", "offset": [56, 81]}, {"key": "committee-shall", "type": "definition", "offset": [134, 149]}, {"key": "members-of", "type": "clause", "offset": [180, 190]}, {"key": "management-of", "type": "clause", "offset": [198, 211]}, {"key": "the-board-of-directors", "type": "clause", "offset": [239, 261]}, {"key": "to-establish", "type": "clause", "offset": [309, 321]}, {"key": "the-management", "type": "definition", "offset": [322, 336]}, {"key": "new-common-equity", "type": "definition", "offset": [403, 420]}, {"key": "fully-diluted-basis", "type": "definition", "offset": [427, 446]}, {"key": "reserved-for-issuance", "type": "definition", "offset": [454, 475]}, {"key": "to-management", "type": "clause", "offset": [476, 489]}, {"key": "plan-set", "type": "clause", "offset": [521, 529]}, {"key": "strike-price", "type": "clause", "offset": [542, 554]}, {"key": "the-warrants", "type": "clause", "offset": [558, 570]}, {"key": "the-sponsor", "type": "clause", "offset": [702, 713]}, {"key": "restructuring-fees", "type": "definition", "offset": [800, 818]}, {"key": "legal-advisors", "type": "clause", "offset": [826, 840]}, {"key": "modification-of-the-plan", "type": "clause", "offset": [860, 884]}, {"key": "consent-of-the", "type": "clause", "offset": [906, 920]}, {"key": "releases-and-exculpation", "type": "clause", "offset": [932, 956]}, {"key": "provide-for", "type": "definition", "offset": [1026, 1037]}, {"key": "release-by-the-debtors", "type": "clause", "offset": [1042, 1064]}, {"key": "all-claims", "type": "clause", "offset": [1076, 1086]}, {"key": "causes-of-action", "type": "clause", "offset": [1090, 1106]}, {"key": "relating-to", "type": "definition", "offset": [1126, 1137]}, {"key": "acts-or-omissions", "type": "clause", "offset": [1142, 1159]}, {"key": "financial-advisors", "type": "definition", "offset": [1284, 1302]}, {"key": "representatives-of-the", "type": "clause", "offset": [1314, 1336]}, {"key": "shareholders-of-the-company", "type": "clause", "offset": [1394, 1421]}, {"key": "parent-entities", "type": "clause", "offset": [1468, 1483]}, {"key": "released-parties", "type": "definition", "offset": [1609, 1625]}, {"key": "mutual-releases", "type": "clause", "offset": [1683, 1698]}, {"key": "claims-resulting-from-willful-misconduct-or-fraud", "type": "clause", "offset": [1757, 1806]}, {"key": "applicable-law", "type": "definition", "offset": [1849, 1863]}, {"key": "liability-for", "type": "clause", "offset": [1919, 1932]}, {"key": "act-or-omission", "type": "clause", "offset": [1937, 1952]}, {"key": "in-connection-with", "type": "clause", "offset": [1953, 1971]}, {"key": "related-to", "type": "clause", "offset": [1973, 1983]}, {"key": "arising-out-of", "type": "definition", "offset": [1988, 2002]}, {"key": "bankruptcy-cases", "type": "definition", "offset": [2027, 2043]}, {"key": "confirmation-of-the-plan", "type": "definition", "offset": [2060, 2084]}, {"key": "consummation-of-the-plan", "type": "definition", "offset": [2090, 2114]}, {"key": "administration-of-the-plan", "type": "clause", "offset": [2122, 2148]}, {"key": "the-property", "type": "clause", "offset": [2152, 2164]}, {"key": "other-provisions", "type": "definition", "offset": [2260, 2276]}, {"key": "executory-contracts-and-unexpired-leases", "type": "clause", "offset": [2279, 2319]}, {"key": "schedule-to", "type": "clause", "offset": [2363, 2374]}, {"key": "plan-supplement", "type": "clause", "offset": [2418, 2433]}, {"key": "approval-by", "type": "clause", "offset": [2461, 2472]}, {"key": "sole-discretion", "type": "definition", "offset": [2494, 2509]}, {"key": "plan-and-disclosure-statement", "type": "clause", "offset": [2567, 2596]}], "snippet": "Plan As soon as practicable after the Effective Date, a management incentive plan (the \u201cManagement Incentive Plan\u201d) acceptable to the Committee shall be implemented for designated members of senior management of Reorganized \u2587\u2587\u2587. \u2587\u2587\u2587\u2587\u2587\u2587. \u00b7 The Board of Directors of Reorganized \u2587\u2587\u2587. \u2587\u2587\u2587\u2587\u2587\u2587 will have authority to establish the Management Incentive Plan, with warrants and/or options for up to 10% of the New Common Equity, on a fully diluted basis, being reserved for issuance to management under the Management Incentive Plan set at the same strike price as the Warrants. Plan Filing and Sponsorship The Plan shall be filed by \u2587\u2587\u2587. \u2587\u2587\u2587\u2587\u2587\u2587 as debtors-in-possession and the Committee shall be considered the sponsor and co-proponent of the Plan. The Committee shall be entitled to reimbursement of the Restructuring Fees of its legal advisors. There shall be no modification of the Plan without the explicit consent of the Committee. Releases and Exculpation \u00b7 To the greatest extent permissible by law, the Restructuring shall provide for the release by the Debtors of any and all claims or causes of action, known or unknown, relating to any acts or omissions, except for willful misconduct or fraud, committed by any of the following: \u00b7 All officers, directors, employees, legal and financial advisors, and other representatives of the Company or the Debtors, in their capacity as such; \u00b7 All shareholders of the Company or the Debtors or of their direct or indirect parent entities, in their capacity as such; and \u00b7 The Committee, including its legal advisors, in their capacity as such (collectively, the \u201cReleased Parties\u201d). \u00b7 The Restructuring shall provide for the granting of mutual releases between and among all of the Released Parties, except for claims resulting from willful misconduct or fraud. \u00b7 To the greatest extent permitted under applicable law, the Released Parties shall also not have or incur any liability for any act or omission in connection with, related to, or arising out of, the Restructuring, the Bankruptcy Cases, the pursuit of confirmation of the Plan, the consummation of the Plan or the administration of the Plan or the property to be distributed under the Plan except for claims resulting from willful misconduct or fraud. Other Provisions \u00b7 Executory contracts and unexpired leases shall be assumed or rejected pursuant to a schedule to be attached to the Disclosure Statement or Plan supplement, which shall be subject to approval by the Committee in its sole discretion. \u00b7 Other provisions shall be more fully disclosed in the Plan and Disclosure Statement.", "size": 2, "samples": [{"hash": "32ySrDelp31", "uri": "/contracts/32ySrDelp31#management-incentive", "label": "Restructuring Agreement (MRS Fields Famous Brands LLC)", "score": 21.0, "published": true}], "hash": "6cea80cd10dc713882ca42e45b90abc1", "id": 6}, {"snippet_links": [{"key": "restructuring-term-sheet", "type": "clause", "offset": [35, 59]}, {"key": "new-common-stock", "type": "definition", "offset": [61, 77]}, {"key": "new-shares-of-common-stock", "type": "definition", "offset": [82, 108]}, {"key": "reorganized-genon", "type": "definition", "offset": [112, 129]}, {"key": "the-plan", "type": "clause", "offset": [165, 173]}, {"key": "new-employment-agreement", "type": "definition", "offset": [175, 199]}, {"key": "agreement-for", "type": "clause", "offset": [217, 230]}, {"key": "chief-executive-officer", "type": "clause", "offset": [247, 270]}, {"key": "genon-steering-committee", "type": "definition", "offset": [351, 375]}, {"key": "new-exit-credit-facility", "type": "definition", "offset": [377, 401]}, {"key": "senior-secured-revolving-credit-facility", "type": "definition", "offset": [415, 455]}, {"key": "to-the-extent", "type": "clause", "offset": [472, 485]}, {"key": "lender-parties", "type": "definition", "offset": [504, 518]}, {"key": "subject-to-the-terms", "type": "clause", "offset": [520, 540]}, {"key": "exit-financing-term-sheet", "type": "definition", "offset": [558, 583]}, {"key": "to-fund", "type": "definition", "offset": [585, 592]}, {"key": "reorganized-debtors", "type": "definition", "offset": [597, 616]}, {"key": "working-capital", "type": "definition", "offset": [618, 633]}, {"key": "operational-needs", "type": "clause", "offset": [644, 661]}, {"key": "new-secured-notes", "type": "clause", "offset": [663, 680]}, {"key": "issued-to", "type": "definition", "offset": [715, 724]}, {"key": "note-purchasers", "type": "definition", "offset": [729, 744]}, {"key": "in-accordance-with", "type": "definition", "offset": [745, 763]}, {"key": "offering-procedures", "type": "clause", "offset": [774, 793]}, {"key": "provided-that", "type": "clause", "offset": [795, 808]}, {"key": "terms-and-conditions-of-the", "type": "clause", "offset": [813, 840]}], "snippet": "Plan As defined in the body of the Restructuring Term Sheet. New Common Stock The new shares of common stock in Reorganized GenOn to be issued and distributed under the Plan. New Employment Agreement A new employment agreement for GenOn\u2019s current Chief Executive Officer on terms mutually acceptable to GenOn\u2019s current Chief Executive Officer and the GenOn Steering Committee. New Exit Credit Facility That certain senior secured revolving credit facility to be provided, to the extent necessary, by the Lender Parties, subject to the terms set forth in the Exit Financing Term Sheet, to fund the Reorganized Debtors\u2019 working capital and other operational needs. New Secured Notes Those certain secured notes to be issued to the Note Purchasers in accordance with the Notes Offering Procedures; provided that the terms and conditions of the New Secured Notes that are purchased through the New Secured Notes Offering will be determined through the Notes Offering Procedures, including procedures or arrangements for addressing oversubscription of the New Secured Notes.", "size": 1, "samples": [{"hash": "8vLAkVgrt0f", "uri": "/contracts/8vLAkVgrt0f#management-incentive", "label": "Restructuring Support and Lock Up Agreement (NRG Energy, Inc.)", "score": 28.4496919918, "published": true}], "hash": "de0f092f6dba1a3d6add0592ca606b86", "id": 7}, {"snippet_links": [{"key": "board-shall", "type": "definition", "offset": [13, 24]}, {"key": "right-to", "type": "clause", "offset": [36, 44]}, {"key": "management-incentive-plan", "type": "definition", "offset": [62, 87]}, {"key": "holders-of", "type": "clause", "offset": [153, 163]}, {"key": "closing-date-equity", "type": "clause", "offset": [164, 183]}, {"key": "existing-warrants", "type": "clause", "offset": [189, 206]}, {"key": "new-warrants", "type": "definition", "offset": [212, 224]}, {"key": "pro-rata-basis", "type": "definition", "offset": [230, 244]}], "snippet": "Plan The New Board shall retain the right to enact or amend a Management Incentive Plan (\u201cMIP\u201d), including a MIP that will result in the dilution of all holders of Closing Date Equity, the Existing Warrants, and New Warrants on a pro rata basis.", "size": 1, "samples": [{"hash": "c9bPNVlsJBo", "uri": "/contracts/c9bPNVlsJBo#management-incentive", "label": "Transaction Support Agreement (Cazoo Group LTD)", "score": 34.7166324435, "published": true}], "hash": "967929e67524a4dc498cc62bc0b7d6ab", "id": 8}, {"snippet_links": [{"key": "restructuring-term-sheet", "type": "clause", "offset": [24, 48]}, {"key": "dated-as-of", "type": "definition", "offset": [130, 141]}, {"key": "letter-agreement", "type": "clause", "offset": [243, 259]}, {"key": "from-time-to-time", "type": "clause", "offset": [362, 379]}, {"key": "certain-amendment", "type": "clause", "offset": [399, 416]}, {"key": "the-management-services-agreement", "type": "definition", "offset": [531, 564]}, {"key": "multichannel-video-programming-distributor", "type": "clause", "offset": [634, 676]}, {"key": "mip-pool", "type": "definition", "offset": [732, 740]}, {"key": "new-board", "type": "definition", "offset": [848, 857]}, {"key": "the-board-of-managers", "type": "clause", "offset": [858, 879]}, {"key": "new-holdco", "type": "clause", "offset": [883, 893]}, {"key": "holdco-equity", "type": "definition", "offset": [955, 968]}, {"key": "new-intermediate-holdco", "type": "definition", "offset": [1014, 1037]}, {"key": "new-organizational-documents", "type": "clause", "offset": [1150, 1178]}, {"key": "governance-documents", "type": "definition", "offset": [1202, 1222]}, {"key": "reorganized-debtors", "type": "definition", "offset": [1231, 1250]}, {"key": "new-topco", "type": "definition", "offset": [1277, 1286]}, {"key": "without-limitation", "type": "clause", "offset": [1300, 1318]}, {"key": "certificates-of-incorporation", "type": "definition", "offset": [1320, 1349]}, {"key": "certificates-of-formation", "type": "clause", "offset": [1351, 1376]}, {"key": "certificates-of-limited-partnership", "type": "definition", "offset": [1380, 1415]}, {"key": "or-equivalent", "type": "definition", "offset": [1417, 1430]}, {"key": "limited-liability-company-agreements", "type": "clause", "offset": [1466, 1502]}, {"key": "partnership-agreements", "type": "clause", "offset": [1506, 1528]}, {"key": "governing-documents", "type": "definition", "offset": [1544, 1563]}, {"key": "restructuring-support-agreement", "type": "clause", "offset": [1633, 1664]}, {"key": "form-and-substance", "type": "clause", "offset": [1682, 1700]}, {"key": "required-dip-commitment-parties", "type": "definition", "offset": [1730, 1761]}, {"key": "strategic-investor", "type": "clause", "offset": [1770, 1788]}, {"key": "the-company-parties", "type": "clause", "offset": [1825, 1844]}], "snippet": "Plan As defined in this Restructuring Term Sheet. Management Services Agreement Means that certain Management Services Agreement, dated as of August 23, 2019, by and between \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 Television Group, Inc. and DSG, as modified by that certain Letter Agreement, dated as of March 1, 2022, by and between \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 Television Group, Inc. and DSG, as may be amended from time to time, including by that certain amendment, dated as of March 1, 2022, by and between \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 Television Group, Inc. and DSG, extending the initial term of the Management Services Agreement. Marquee Interests As defined in this Restructuring Term Sheet. MVPD Multichannel video programming distributor or virtual multichannel video programming distributor. MIP Pool As defined in this Restructuring Term Sheet. New A/R Facility As defined in this Restructuring Term Sheet. New Board The board of managers of New HoldCo. New HoldCo As defined in this Restructuring Term Sheet. New HoldCo Equity As defined in this Restructuring Term Sheet. New Intermediate HoldCo As defined in this Restructuring Term Sheet. New Lower-Tier HoldCo As defined in this Restructuring Term Sheet. New Organizational Documents The organizational and governance documents for the Reorganized Debtors (including New HoldCo and New TopCo), including, without limitation, certificates of incorporation, certificates of formation or certificates of limited partnership (or equivalent organizational documents), bylaws, limited liability company agreements or partnership agreements (or equivalent governing documents), as applicable, in any such case which shall be consistent with the Restructuring Support Agreement and otherwise in form and substance reasonably acceptable to the Required DIP Commitment Parties and the Strategic Investor, and with the reasonable consent of the Company Parties (which shall not be unreasonably withheld, conditioned, or delayed). New TopCo As defined in this Restructuring Term Sheet.", "size": 1, "samples": [{"hash": "fGgENtw7sGY", "uri": "/contracts/fGgENtw7sGY#management-incentive", "label": "Confidentiality Agreement", "score": 28.0198494182, "published": true}], "hash": "01999c50db66caefecca47296a7c20b4", "id": 9}, {"snippet_links": [{"key": "effective-date-of-the-plan", "type": "clause", "offset": [55, 81]}, {"key": "management-incentive-plan", "type": "definition", "offset": [85, 110]}, {"key": "members-of", "type": "clause", "offset": [192, 202]}, {"key": "management-of-the", "type": "clause", "offset": [210, 227]}, {"key": "company-equity-interests", "type": "clause", "offset": [240, 264]}, {"key": "restricted-common-stock", "type": "clause", "offset": [276, 299]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [341, 361]}, {"key": "new-common-stock", "type": "definition", "offset": [373, 389]}, {"key": "the-management", "type": "definition", "offset": [391, 405]}, {"key": "form-and-substance", "type": "clause", "offset": [433, 451]}, {"key": "the-company-and-the", "type": "clause", "offset": [471, 490]}, {"key": "ad-hoc-committee", "type": "definition", "offset": [491, 507]}, {"key": "prior-to-the", "type": "clause", "offset": [558, 570]}], "snippet": "Plan On or as soon as reasonably practicable after the effective date of the Plan, a management incentive plan (the \"Management Incentive Plan\") shall be implemented to reserve for designated members of senior management of the Reorganized Company equity interests (including restricted common stock and/or options) in Reorganized SGI in an amount not to exceed 10% of the New Common Stock. The Management Incentive Plan shall be in form and substance acceptable to both the Company and the Ad Hoc Committee. The Management Incentive Plan shall be disclosed prior to the deadline for voting on the Plan.", "size": 1, "samples": [{"hash": "gWbgBt3zw6A", "uri": "/contracts/gWbgBt3zw6A#management-incentive", "label": "Global Settlement Agreement (Silicon Graphics Inc)", "score": 18.0, "published": true}], "hash": "96a008e32b7c7970e478862ae7b0c87d", "id": 10}], "next_curs": "CmESW2oVc35sYXdpbnNpZGVyY29udHJhY3Rzcj0LEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIdbWFuYWdlbWVudC1pbmNlbnRpdmUjMDAwMDAwMGEMogECZW4YACAA", "definition": {"title": "Management Incentive", "snippet": "Plan As defined in the Term Sheet. Merger Those certain transactions on or around March 24, 2015, by and among the predecessors to the Debtors and the completion and production business of Nabors, effectuating a merger of such entities. Mineral Contractor Claim Any Claim that is secured by, or in the reasonable judgment of counsel to the Company may be secured by, a lien on property of a customer of the Debtors arising under chapter 56 of the Texas Property Code, or any similar federal, state, or local law, whether or not such Claim is or may be secured by a lien on property of the Debtors. Nabors \u2587\u2587\u2587\u2587\u2587\u2587 Industries Ltd. New Board As defined in the Term Sheet. New Common Equity Pool 100% of the New Common Stock issued and outstanding on the Effective Date to be distributed to the holders of Allowed Lender Claims in accordance with the Plan, subject to dilution on account of the Management Incentive Plan, the Rights Offering, the Backstop Fee, and the New Warrants. New Common Stock The common stock of Reorganized C&J Energy. New Warrants As defined in the Term Sheet. Other Priority Claim Any Claim other than an Administrative Claim or a Priority Tax Claim entitled to priority in right of payment under section 507(a) of the Bankruptcy Code. Other Secured Claim Any Secured Claim, including any Secured Tax Claim, other than a Lender Claim or a DIP Facility Claim. For the avoidance of doubt, \u201cOther Secured Claims\u201d includes any Claim arising under, derived from, or based upon any letter of credit issued in favor of one or more Debtors, the reimbursement obligation for which is either secured by a Lien on collateral or is subject to a valid right of setoff pursuant to section 553 of the Bankruptcy Code. Petition Date The date on which the Chapter 11 Cases were commenced. Plan As defined in the Term Sheet. Plan Restructuring Documents As defined in the RSA. Plan Supplement Any compilation of documents and forms of documents, agreements, schedules, and exhibits to the Plan, which shall be filed by the Debtors no later than 7 days before the Confirmation Hearing or such later date as may be approved by the Bankruptcy Court on notice to parties in interest, and additional documents filed with the Bankruptcy Court prior to the Effective Date as amendments to the Plan Supplement, each of which shall be consistent in all respects with, and shall otherwise contain, the terms and conditions set forth in the RSA and Term Sheet, where applicable, and shall be in form and substance acceptable to the Debtors and the Required Supporting Creditors. Plan Value As defined in the Term Sheet.", "size": 30, "id": "management-incentive", "examples": ["Executive shall participate in any <strong>Management Incentive</strong> Compensation Plan adopted by the Company or in such other bonus plan as the Board may approve for the senior executives of the Company.", "Annual Bonuses shall be paid according to the RealPage <strong>Management Incentive</strong> Plan.", "The amount, award and timing of the payment of the Annual Bonus shall be set forth in a Company <strong>Management Incentive</strong> Plan, established each year by the Board, in its discretion.", "The <strong>Management Incentive</strong> Program, including the consolidated financial goals established by the Corporation for the calendar year and the formula to be used to determine the payment of amounts under the <strong>Management Incentive</strong> Program, will be communicated to the Employee in writing prior to the beginning of each calendar year of the Corporation.", "Company <strong>Management Incentive</strong> Plans, if any, for subsequent years, shall be provided to you by the Chief Executive Officer.", "Executive shall be eligible to receive an annual incentive bonus under the Employer\u2019s Senior <strong>Management Incentive</strong> Plan, as amended from time to time (the \u201cSenior <strong>Management Incentive</strong> Plan\u201d).", "The bonus amount Executive may receive, if any, shall be discretionary and based upon the target bonus amount determined by the Board and the other criteria set forth in the <strong>Management Incentive</strong> Program as determined by and evaluated by the Board in its sole and absolute discretion.", "When calculating the Average Monthly Cash Compensation Amount, any annual incentive bonus payments that were issued in the form of stock pursuant to the Senior <strong>Management Incentive</strong> Plan shall be treated as if they were paid in cash; however, no other non-cash payments or benefits shall be included when calculating the Average Monthly Cash Compensation Amount.", "In addition to Base Salary, Executive shall be entitled during the Employment Term to receive such bonus payments as the Board may determine in accordance with the Bank&#x27;s <strong>Management Incentive</strong> Plan (the &quot;Incentive Plan&quot;) in effect on the date of this Agreement or as the same may be amended or modified from time to time for the Bank&#x27;s executive officers.", "<strong>Management Incentive</strong> Plan (the &quot;MIP&quot;) or any successor plan established by the Company."], "related": [["management-incentive-plan", "Management Incentive Plan", "<strong>Management Incentive</strong> Plan"], ["economic-development-incentive", "Economic development incentive", "Economic development incentive"], ["uniform-grant-management-standards", "Uniform Grant Management Standards", "Uniform Grant Management Standards"], ["incentive-management-fee", "Incentive Management Fee", "Incentive Management Fee"], ["incentive", "Incentive", "Incentive"]], "related_snippets": [], "updated": "2025-07-06T21:55:40+00:00"}, "json": true, "cursor": ""}}