14-12623-shl Doc 694 Filed 12/15/15 Entered 12/15/15 12:32:00 Main Document Pg 1 of 158 UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK ---------------------------------------------------------------x : In re : Chapter 11 Case No. : SIGA TECHNOLOGIES, INC., : 14-12623 (SHL) : Debtor. : : ---------------------------------------------------------------x DEBTOR’S CHAPTER 11 PLAN WEIL, GOTSHAL & MANGES LLP Stephen Karotkin 767 Fifth Avenue New York, New York 10153 (212) 310-8000 Attorneys for Debtor and Debtor in Possession WEIL:\95564956\3\74193.0003 14-12623-shl Doc 694 Filed 12/15/15 Entered 12/15/15 12:32:00 Main Document Pg 2 of 158 Article I. Definitions and Interpretation ..................................................................................1 1.1 Administrative Expenses .........................................................................................1 1.2 Allowed ....................................................................................................................1 1.3 Amended and Restated By-laws ..............................................................................2 1.4 Amended and Restated Certificate of Incorporation ...............................................2 1.5 Arbitration Agreement .............................................................................................2 1.6 Arbitrator..................................................................................................................2 1.7 Avoidance Action ....................................................................................................2 1.8 Bankruptcy Code .....................................................................................................2 1.9 Bankruptcy Court .....................................................................................................2 1.10 Bankruptcy Rules .....................................................................................................2 1.11 Board of Directors....................................................................................................2 1.12 Board Observer ........................................................................................................3 1.13 Business Day ............................................................................................................3 1.14 Cash..........................................................................................................................3 1.15 Cash Collateral .........................................................................................................3 1.16 Causes of Action ......................................................................................................3 1.17 Chapter 11 Case .......................................................................................................3 1.18 Claim ........................................................................................................................3 1.19 Class .........................................................................................................................3 1.20 Collateral ..................................................................................................................3 1.21 Commencement Date ...............................................................................................3 1.22 Confirmation Date ...................................................................................................3 1.23 Confirmation Hearing ..............................................................................................4 1.24 Confirmation Order ..................................................................................................4 1.25 Creditors’ Committee ...............................................................................................4 1.26 Cure ..........................................................................................................................4 1.27 Cure Dispute ............................................................................................................4 1.28 Debtor ......................................................................................................................4 1.29 Debtor in Possession ................................................................................................4 1.30 Delaware Chancery Court Decision .........................................................................4 1.31 Disbursing Agent .....................................................................................................4 WEIL:\95564956\3\74193.0003 14-12623-shl Doc 694 Filed 12/15/15 Entered 12/15/15 12:32:00 Main Document Pg 3 of 158 1.32 Disclosure Statement ...............................................................................................4 1.33 Disputed ...................................................................................................................5 1.34 Distribution Record Date .........................................................................................5 1.35 District Court ...........................................................................................................5 1.36 Effective Date ..........................................................................................................5 1.37 Entity ........................................................................................................................5 1.38 Equity Interest ..........................................................................................................5 1.39 Escrow Account .......................................................................................................5 1.40 Escrow Agent ...........................................................................................................5 1.41 Escrow Agreement ...................................................................................................5 1.42 Estimated Damages ..................................................................................................6 1.43 Exculpated Parties ....................................................................................................6 1.44 Existing Common Stock ..........................................................................................6 1.45 Final Order ...............................................................................................................6 1.46 General Unsecured Claim ........................................................................................6 1.47 Insurance Plans ........................................................................................................6 1.48 Lien ..........................................................................................................................6 1.49 [Reserved] ................................................................................................................6 1.50 Monitor ....................................................................................................................6 1.51 New Common Stock ................................................................................................6 1.52 Notification Date ......................................................................................................7 1.53 Person .......................................................................................................................7 1.54 Petition for Certiorari ...............................................................................................7 1.55 PharmAthene............................................................................................................7 1.56 PharmAthene Action ................................................................................................7 1.57 PharmAthene Allowed Claim ..................................................................................7 1.58 PharmAthene Allowed Claim Treatment Date ........................................................7 1.59 PharmAthene Claim .................................................................................................8 1.60 PharmAthene Final Order ........................................................................................8 1.61 PharmAthene Final Order Date ...............................................................................8 1.62 Plan ..........................................................................................................................8 1.63 Plan Covenants .........................................................................................................8 1.64 Plan Covenant Event of Default ..............................................................................8 ii WEIL:\95564956\3\74193.0003 14-12623-shl Doc 694 Filed 12/15/15 Entered 12/15/15 12:32:00 Main Document Pg 4 of 158 1.65 Plan Covenant Termination Date .............................................................................9 1.66 Plan Supplement ......................................................................................................9 1.67 Plan Supplement Filing Date .................................................................................10 1.68 Postpetition Interest Rate .......................................................................................10 1.69 Prior Appeal Bond .................................................................................................10