Common Contracts

SECOND AMENDED AND RESTATED MOTORS LIQUIDATION COMPANY GUC TRUST AGREEMENT

Liquidation Company Guc Trust Agreement • May 25th, 2016 • Motors Liquidation Co • Motor vehicles & passenger car bodies • Delaware

• Contract Type
  Liquidation Company Guc Trust Agreement
• Filed
  May 25th, 2016
• Company
  Motors Liquidation Co
• Industry
  Motor vehicles & passenger car bodies
• Jurisdiction
  Delaware

This SECOND AMENDED AND RESTATED MOTORS LIQUIDATION COMPANY GUC TRUST AGREEMENT, dated as of July 30, 2015 (as it may be amended from time to time, this “Trust Agreement”), by and among Wilmington Trust Company, as trust administrator and trustee (together with any successor appointed under the terms hereof, the “GUC Trust Administrator”) of the Motors Liquidation Company GUC Trust (the “GUC Trust”) for the benefit of the general unsecured creditors of the Debtors (as defined below), and FTI Consulting, Inc., as trust monitor (together with any successor appointed under the terms hereof, the “GUC Trust Monitor”) of the GUC Trust, amends and restates in its entirety the First Amended Restated Trust Agreement (as defined below, and as subsequently amended). Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Debtors’ Second Amended Joint Chapter 11 Plan of liquidation pursuant to chapter 11 of Title 11 of the United States

SECOND AMENDED AND RESTATED MOTORS LIQUIDATION COMPANY GUC TRUST AGREEMENT

Liquidation Company Guc Trust Agreement • July 30th, 2015 • Motors Liquidation Co • Motor vehicles & passenger car bodies • Delaware

• Contract Type
  Liquidation Company Guc Trust Agreement
• Filed
  July 30th, 2015
• Company
  Motors Liquidation Co
• Industry
  Motor vehicles & passenger car bodies
• Jurisdiction
  Delaware

provided, however, that the initial distribution of GUC Trust Distributable Assets on account of the Asbestos Trust Claim shall be made directly by the Debtors, in an amount determined in accordance with Section 5.2(a)(i), in consultation with the GUC Trust Administrator and GUC Trust Monitor as necessary to determine such amount. For the avoidance of doubt, the distribution of Units distributable on account of the Asbestos Trust Claim shall be made by the GUC Trust Administrator in the manner prescribed in Section 3.5 at the direction of the Debtors.