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(212) 735-3000 Nick P. S SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP Jay M. Goffman Four Times Square New York, New York 10036 (212) 735-3000 Nick P. Saggese Rick C. Madden Glenn S. Walter 300 South Grand Avenue Suite 3400 Los Angeles, California 90071 (213) 687-5000 and KLEE, TUCHIN, BOGDANOFF & STERN LLP Kenneth N. Klee Michael L. Tuchin 1999 Avenue of the Stars Thirty-Ninth Floor Los Angeles, California 90067 (310) 407-4000 Proposed Counsel for Debtors and Debtors in Possession UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - x : In re: : Chapter 11 : METRO-GOLDWYN-MAYER STUDIOS INC., : Case No. 10- et al., : : (Motion for Joint Administration Debtors. : Pending) : - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - x JOINT PREPACKAGED PLAN OF REORGANIZATION OF METRO-GOLDWYN- MAYER STUDIOS INC. AND CERTAIN OF ITS AFFILIATES Dated: October 7, 2010 TABLE OF CONTENTS Page INTRODUCTION ARTICLE I DEFINED TERMS AND RULES OF INTERPRETATION 1.1 Additional Debtor............................................................................................................... 1 1.2 Administrative Agent.......................................................................................................... 1 1.3 Administrative Claim.......................................................................................................... 1 1.4 Allowed............................................................................................................................... 1 1.5 Avoidance Action............................................................................................................... 2 1.6 Bankruptcy Code................................................................................................................ 2 1.7 Bankruptcy Court................................................................................................................ 2 1.8 Bankruptcy Rules................................................................................................................ 2 1.9 Business Day....................................................................................................................... 2 1.10 Cash..................................................................................................................................... 2 1.11 Cash Collateral Order ......................................................................................................... 2 1.12 C/G Merger Parties............................................................................................................. 2 1.13 C/G Stockholders................................................................................................................ 2 1.14 Century City Leases............................................................................................................ 2 1.15 Chapter 11 Case(s).............................................................................................................. 3 1.16 Claim................................................................................................................................... 3 1.17 Class.................................................................................................................................... 3 1.18 Confirmation....................................................................................................................... 3 1.19 Confirmation Date.............................................................................................................. 3 1.20 Confirmation Hearing......................................................................................................... 3 1.21 Confirmation Order............................................................................................................. 3 1.22 Credit Agreement................................................................................................................ 3 1.23 Credit Agreement Claim.....................................................................................................3 1.24 Creditors' Committee .......................................................................................................... 3 1.25 Cypress Stockholders.......................................................................................................... 3 1.26 Debtor Merger Party ........................................................................................................... 3 1.27 Debtors................................................................................................................................ 3 1.28 DIP Facility......................................................................................................................... 4 1.29 DIP Lenders........................................................................................................................ 4 1.30 Disclosure Statement .......................................................................................................... 4 1.31 Disputed Claim................................................................................................................... 4 1.32 Effective Date..................................................................................................................... 4 1.33 Equity Incentive Plan.......................................................................................................... 4 1.34 Estate(s)............................................................................................................................... 4 1.35 Exculpated Parties............................................................................................................... 4 i 1.36 Executory Contracts and Unexpired Leases ....................................................................... 4 1.37 Exhibit................................................................................................................................. 4 1.38 Final Order.......................................................................................................................... 4 1.39 Garoge Stockholders........................................................................................................... 5 1.40 General Unsecured Claim................................................................................................... 5 1.41 Holder ................................................................................................................................. 5 1.42 Holdings.............................................................................................................................. 5 1.43 Impaired .............................................................................................................................. 5 1.44 Intercompany Claim............................................................................................................ 5 1.45 Interest................................................................................................................................. 5 1.46 Investment Agreement........................................................................................................ 5 1.47 Letters of Credit .................................................................................................................. 5 1.48 Lien ..................................................................................................................................... 5 1.49 Loan Documents ................................................................................................................. 5 1.50 MGM Companies................................................................................................................ 6 1.51 New Common Stock...........................................................................................................6 1.52 New Credit Facility............................................................................................................. 6 1.53 New Lenders....................................................................................................................... 6 1.54 Non-Tax Priority Claim ...................................................................................................... 6 1.55 Other Secured Claim........................................................................................................... 6 1.56 P&A Facility....................................................................................................................... 6 1.57 P&A Facility Claim ............................................................................................................ 6 1.58 Person.................................................................................................................................. 6 1.59 Petition Date........................................................................................................................ 6 1.60 Plan ..................................................................................................................................... 6 1.61 Priority Tax Claim.............................................................................................................. 6 1.62 Professional......................................................................................................................... 7 1.63 Professional Fee Claim ......................................................................................................
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