Erickson Incorporated, along with affiliates, filed a joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on December 23, 2016. As per the plan filed, Administrative Claims, DIP Revolving Facility Claims of $116 million, Professional Compensation Claims, Priority Unsecured Tax Claims will be paid in full in cash. DIP Term Facility Claims of $66.67 million will get New Second Lien Credit Facility and DIP Equity Distribution. Other Priority Unsecured Claims will be paid in full in cash or any other treatment. Other Secured Claims and Secured Tax Claims will receive payment in full in cash or collateral securing the claim. Existing First Lien Credit Facility Claims of $130.76 million will be paid in full in cash, provided, however, there shall be no distribution for or on account of the Refinancing Accommodation Fee. Holders of Second Lien Secured Claims will receive Pro Rata share of the Second Lien Equity Distribution and Pro Rata share of Rights to participate in the Rights Offering. The Second Lien Equity Distribution means 100% of the New Common Stock issued on the Effective Date. Holders of Existing Second Lien Convenience Claims shall receive the lesser of Pro Rata share of the Convenience Claim Cash Pool and Cash upto a certain percentage of the allowed amount. The total Existing Second Lien Claims including Existing Second Lien Convenience Claims amount to $355 million. General Unsecured Claims of $46.13 million shall receive its Pro Rata share of the Litigation Trust Interests. Intercompany Claims of $735.97 million shall either be Reinstated or cancelled and released without any distribution. Erickson Incorporated Interests shall be cancelled and released without any distribution. Intercompany Interests shall receive no distribution and shall be reinstated for administrative purposes only at the election of the Reorganized Debtors. The plan will be funded from cash in hand, issuance of new shares, new first lien credit facility, New Second Lien Credit Facility and rights offering.