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Issue Description approach is taken, the governmental entities involved in the mediation — states, territories, tribes, counties, cities and others — would commit the Public Funds allocated to them to such future abatement, in lieu of direct payment for their claims. a. Resolution of States' and Local Governments' claims under this model presumes signoff by and support of the federal government, including an agreement that the federal government will also forego .its past damages claims. Continued coordination with the federal government therefore is necessary as -this odel is finalized. b. This outline addresses the allocation -of Abatement Funds among governmental entities to provide abatement programs to the public for the benefit of not o�nly�thegovernmental entities and their constituents, but also a substantial number of other creditors. The States Local Governments and welcome,other, private -side creditor groups to enter discussions concerning h \w such creditors may participate in, contribute to and/or benefit from the government - funded abatement\programs contemplated herein in lieu of direct payment on their cl`ai ms for past�damages. ' In c g abateim� t c. addit �providi services, it is understood that, if their claims are to be released_ in .al reorganization plan, a portion of the -Purdue estate -,will also need to be dedicated to personal injury claimants, A is being developed proposal regarding such claims x� \\epaiately Funds distributed from the Purdue bankruptcy estate as `Al`Public parrtf\this_abatement structure shall be used only for such Appr= ed'Uses. Compliance with these requirements shall be verified through reporting, as set out in Section 8. This outline and the terms herein are intended to apply solely to the use and allocation of Public Funds in the Purdue Chapter 11 Plan, and do not apply to the use or allocation of funds made available as the ' result of judgments against or settlements with any party other than those released asp art of the Chapter 11 Plan. 4. DISBURSEIVIENT� Disbursement of Abatement Funds OF FUNDS�� The Bankruptcy Court shall appoint [a third -party administrator ("Administrator")] [Trustee(s)] who will perform the ministerial task of overseeing distribution of all Abatement Funds, which will consist of all assets transferred to such fund by way of the confirmed Chapter 11 Plan, and any, growth, earnings, or revenues from such assets, as well as proceeds from any future sale of such assets. The [Administrator] [Trustees] shall distribute the Abatement Fund consistent with the Chapter 11 Plan and shall provide to the Bankruptcy Court an annual report on such distributions. [Points to be addressed regarding disbursements: 4812-5294-4831.v 1 92