The US Bankruptcy Court approved the second amended plan of reorganization of Erickson Incorporated on March 22, 2017. As per the approved plan, administrative claims, professional fees and priority unsecured tax claims shall be paid in full in cash. The DIP revolving facility claims in the amount of $116 million shall be paid in full in cash. The DIP term facility claims in the amount of $69.78 million have agreed to receive their pro rata share of a portion of the new second lien credit facility, and the DIP equity distribution. The amount of allowed DIP term facility claims that is converted into the new second lien credit facility can range from $40 million up to the full amount of allowed DIP term facility claims (approximately $70 million). Accordingly, the amount of DIP equity distribution received will be adjusted such that when combined with the amount of new second lien credit facility distributed to holders of allowed DIP term facility claims, such allowed DIP term facility claims will be paid in full. Other priority unsecured claims shall be paid in full in Cash. Other secured claims and Secured tax claims shall receive payment in full in Cash or the collateral securing the claim or its claim shall be reinstated. Existing First Lien Credit Facility Claim in the amount of $72.47 million shall receive payment in full, in cash. If existing second lien secured claim holders in the amount of $370.21 million accept the plan, the existing second lien secured claims in the amount of $23.27 million shall receive its pro rata share of the second lien equity distribution and remaining $346.94 million shall be deemed to be Allowed Existing Second Lien Deficiency Claims and treated as Claims in General Unsecured Claims. If existing second lien secured claim holders votes to reject the Plan, the entire amount of allowed existing second lien claims shall be deemed to be allowed existing second lien deficiency claims and treated as claims in general unsecured claims. The $451.94 million of General unsecured claims including existing second lien deficiency claims shall receive its pro rata share of the litigation trust interests. Intercompany Claims in the amount of $735.97 million shall be, at the option of the debtors, with the consent of the required investor parties, either 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 shall be funded from $150 million New First Lien Credit Facility, $69.78 million New Second Lien Credit Facility, issuance of the New Common Stock and $20.0 million Rights Offering.