Case 20-32299-KLP Doc 2098 Filed 04/23/21 Entered 04/23/21

IN THE UNITED STATES BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF VIRGINIA

RICHMOND DIVISION

) In re: ) Chapter 11 ) INTELSAT S.A., et al.,1 ) Case No. 20-32299 (KLP) ) Debtors. ) (Jointly Administered) )

THIRD INTERIM FEE APPLICATION OF PJT PARTNERS LP AS INVESTMENT BANKER TO THE DEBTORS AND DEBTORS-IN-

POSSESSION FOR ALLOWANCE OF COMPENSATION FOR SERVICES RENDERED AND FOR THE REIMBURSEMENT OF ALL ACTUAL AND

NECESSARY OUT-OF-POCKET EXPENSES INCURRED FOR THE PERIOD OF DECEMBER 1, 2020 THROUGH FEBRUARY 28, 2021

SUMMARY SHEET

Name of Applicant: PJT Partners LP

Authorized to Provide Professional Services to: Debtors

Date of Retention: Order entered on July 15, 2020 approving the retention of PJT Partners LP effective as of May 13, 2020 [Docket No. 520]

Period for which Compensation And Reimbursement is sought: December 1, 2020 through February 28, 2021

Amount of Compensation sought As actual, reasonable, and necessary: $5,675,000.00

Amount of Expense Reimbursement sought as actual, Reasonable, and Necessary: $1,692.47

Total Compensation and Expenses Approved by Interim Order to Date $1,480,645.16

1 Due to the large number of Debtors in these chapter 11 cases, for which joint administration has been granted, a complete list of the Debtor entities and the last four digits of their federal tax identification numbers is not provided herein. A complete list may be obtained on the website of the Debtors’ claims and noticing agent at https://cases.stretto.com/intelsat. The location of the Debtors’ service address is: 7900 Tysons One Place, McLean, VA 22102.

Case 20-32299-KLP Doc 2098 Filed 04/23/21 Entered 04/23/21 17:33:08 Desc MainDocument Page 1 of 111

2

Compensation and Expenses sought in this Application Already Paid Pursuant to Interim Compensation Order but Not Yet Allowed: $5,000,000.00

Amount of Cash Payment Sought: $676,692.47

This is a monthly x interim final application


IN THE UNITED STATES BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF VIRGINIA

RICHMOND DIVISION

) In re: ) Chapter 11 ) INTELSAT S.A., et al.,1 ) Case No. 20-32299 (KLP) ) Debtors. ) (Jointly Administered) )

THIRD INTERIM FEE APPLICATION OF PJT PARTNERS LP AS INVESTMENT BANKER TO THE DEBTORS AND DEBTORS-IN-

POSSESSION FOR ALLOWANCE OF COMPENSATION FOR SERVICES RENDERED AND FOR THE REIMBURSEMENT OF ALL ACTUAL AND

NECESSARY OUT-OF-POCKET EXPENSES INCURRED FOR THE PERIOD OF DECEMBER 1, 2020 THROUGH FEBRUARY 28, 2021

PJT Partners LP (“PJT”) respectfully represents as follows:

1. Background

1. On May 13, 2020 (the “Petition Date”), each of the Debtors filed a voluntary petition for

relief under chapter 11 of title 11 of the United States Code, 11 U.S.C. §§ 101 et seq., as

amended (the “Bankruptcy Code”). The Debtors are operating their businesses and managing

their properties as debtors-in-possession pursuant to §§ 1107(a) and 1108 of the Bankruptcy

Code.

2. On June 9, 2020, the Debtors filed the Debtors’ Application for Entry of An Order (I)

Authorizing the Retention and Employment of PJT Partners LP as Investment Banker for the

Debtors and Debtors In Possession, Effective as of May 13, 2020 [Docket No. 297] (the

“Retention Application”), pursuant to which the Debtors sought authority to retain and employ

1 Due to the large number of Debtors in these chapter 11 cases, for which joint administration has been granted, a complete list of the Debtor entities and the last four digits of their federal tax identification numbers is not provided herein. A complete list may be obtained on the website of the Debtors’ claims and noticing agent at https://cases.stretto.com/intelsat. The location of the Debtors’ service address is: 7900 Tysons One Place, McLean, VA 22102.


2

PJT as its investment banker pursuant to the terms of an engagement letter (the “Engagement

Letter”) dated May 13, 2020. A copy of the Engagement Letter was attached to the Retention

Application.

3. On June 30, 2020, this Court entered the Order Establishing Procedures for Interim

Compensation and Reimbursement of Expenses for Retained Professionals and (II) Granting

Related Relief [Docket No. 425] (the “Procedures Order”) establishing procedures for interim

compensation and reimbursement of expenses for professionals.

4. On July 15, 2020, this Court entered the Order Authorizing the Retention and

Employment of PJT Partners LP as Investment Banker for the Debtors and Debtors in

Possession, Effective as of May 13, 2020 [Docket No. 520] (the “Retention Order”) approving

the Retention Application and authorizing the retention and employment of PJT effective as of

the Petition Date, pursuant to the terms of the Engagement Letter.

5. PJT submits this third interim fee application (the “Third Interim Fee Application”)

requesting: (i) the allowance of Monthly Fees (as defined herein), (ii) allowance of the Sale

Transaction Fee (as defined herein) and (ii) the reimbursement of out-of-pocket expenses

incurred during the period of December 1, 2020 through February 28, 2021 (the “Third Interim

Period”).

6. Investment banking services and out-of-pocket expenses for which compensation and

reimbursement are sought were rendered and expended on behalf of the Debtors pursuant to

chapter 11 of the Bankruptcy Code.


3

II. The PJT Engagement

7. Pursuant to the Engagement Letter, PJT was retained to provide the following services to

the Debtors:2

(a) assist in the evaluation of the Debtors’ businesses and prospects;

(b) assist in the development of the Debtors’ long-term business plan and related financial projections;

(c) assist in the development of financial data and presentations to the Debtors’ Board of Directors, various creditors and other third parties;

(d) analyze the Debtors’ financial liquidity and evaluate alternatives to improve such liquidity;

(e) analyze various Transaction scenarios and the potential impact of these scenarios on the recoveries of those stakeholders impacted by the Transaction;

(f) provide strategic advice with regard to any proposed Transaction;

(g) evaluate the Debtors’ debt capacity and alternative capital structures;

(h) participate in negotiations among the Debtors and their creditors, suppliers, lessors and other interested parties;

(i) advise the Debtors in connection with its interactions with the Federal Communications Commission and other governmental entities;

(j) value securities offered or purchased by the Debtors in connection with a Transaction;

(k) advise the Debtors and negotiate with lenders with respect to potential waivers or amendments of various Obligations;

(l) assist in arranging financing for the Debtors, as requested;

(m) provide expert witness testimony concerning any of the subjects encompassed by the other investment banking services;

(n) assist the Debtors in preparing or reviewing marketing materials in conjunction with a possible Sale Transaction;

(o) assist the Debtors in identifying potential buyers, targets or parties in interest to a Sale Transaction and assist in the due diligence process;

2 Capitalized terms used but not defined herein shall have the meanings provided thereto in the Engagement Letter.


4

(p) assist and advise the Debtors concerning the terms, conditions and impact of any proposed Sale Transaction;

(q) analyze and evaluate the business, operations and financial position of targets; and

(r) provide such other advisory services as are customarily provided in connection with the analysis, structuring and negotiation of a transaction similar to a potential Transaction, as requested and mutually agreed.

8. Pursuant to the Engagement Letter, as approved by the Retention Order, the Debtors

agreed to pay PJT as follows in consideration for the services rendered:3

(a) Monthly Fee. A monthly advisory fee (the “Monthly Fee”) of $225,000.00 per month. Fifty percent (50%) of all Monthly Fees paid to PJT after October 1, 2020 (i.e., the date that is six months after the date the PJT became entitled to receive Monthly Fees under the Engagement Letter) shall be credited, only once and without duplication, against the Restructuring Fee or the Sale Transaction Fee (each as defined below).

(b) Amendment Fee. An amendment fee (an “Amendment Fee”) equal to 0.025% of the principal face amount of the Obligations affected by any Amendment, earned and payable upon the closing of such Amendment; provided that, if PJT takes a leading role in the solicitation, structuring and/or negotiation of such Amendment, the Amendment Fee shall be equal to 0.075% of the principal face amount of the Obligations affected by such Amendment.

(c) Capital Raising Fee. A capital raising fee (the “Capital Raising Fee”) for any Capital Raise, earned and payable upon closing of any Capital Raise; provided that, if the Capital Raise consists of “debtor- in-possession” financing, the Capital Raising Fee with respect thereto shall be earned and payable upon signing of a commitment letter in respect thereof. If access to the financing is limited by orders of the bankruptcy court, a proportionate fee shall be payable with respect to each available commitment (irrespective of availability blocks, borrowing base, or other similar restrictions). The Capital Raising Fee for a Capital Raise in connection with an in-court proceeding shall be calculated as (a) 0.5% of any “debtor-in-possession” financing (whether senior or junior debt), (b) 0.5% of any senior secured debt financing (other than “debtor-in-possession” financing), (c) 1.0% of any unsecured, junior lien debt or equitylinked financing (including any junior debt chapter 11 “exit” financing) and (d) 1.5% of any equity financing; provided that, any Capital Raising Fee related to “debtor-in-possession” financing shall be subject to cap of $10,000,000, and 50% of any Capital Raising Fee in excess of $5,000,000 in respect of a “debtor-in-possession” financing shall be credited against the Restructuring Fee (as defined below); provided further that if PJT does not take a leading role in the solicitation, structuring and/or negotiation of any Capital Raise (other than “debtor-in-possession” financing), the Capital Raising Fee with respect to

3 This description of PJT’s compensation structure is for summary and illustrative purposes only. The terms of the Engagement Letter and the Retention Order shall apply to any such compensation awarded to PJT.


5

such Capital Raise shall be .15% of the financing.

(d) Exchange/Tender Fee. An exchange/tender fee (an “Exchange/Tender Fee”) equal to 0.50% of the principal face amount of any Obligations, exchanged, tendered, consenting to, or otherwise affected in connection with an Exchange/Tender; provided that, if the Company consummates an Exchange/Tender in a private transaction with just Pacific Investment Management Company LLC or its affiliates (collectively, “PIMCO”), other than following a broader solicitation to other parties, any Obligations held by PIMCO that are exchanged pursuant thereto shall not be used to calculated the Exchange/Tender Fee payable to PJT Partners in connection therewith; provided further that, when calculating the Exchange/Tender Fee payable in respect of any single transaction or a series of concurrent, related transactions, each Obligation exchanged, tendered, consenting to, or otherwise affected in connection therewith shall be counted only once. The Exchange/Tender Fee shall be payable upon the closing of the applicable Exchange/Tender.

(e) Restructuring Fee. An additional fee for a Restructuring (the “Restructuring Fee”) equal to $20,000,000. Notwithstanding anything set forth in the Engagement Letter, the Restructuring Fee will be earned and payable upon consummation of the Restructuring.

(f) Sale Transaction Fee. An additional fee (“Sale Transaction Fee”) upon the closing of any Sale Transaction4 calculated as (a) with respect to Sale Transactions having a Transaction Value8 up to $1.0 billion, 1.0% of the Transaction Value, (b) with respect to Sale Transactions having a Transaction Value of $10.0 billion or more, 0.50% of the Transaction Value, and (c) with respect to Sale Transactions having a Transaction Value greater than $1.0 billion and less than $10.0 billion, based on straight-line interpolation from 1.0% of the Transaction Value to 0.50% of the Transaction Value, respectively. Upon consummation of a Sale Transaction in which all or substantially all of the assets of the Debtors are sold, PJT Partners, in its sole discretion, shall be entitled to either a Sale Transaction Fee in respect of such Sale Transaction or the Restructuring Fee, but not both.

(g) Expense Reimbursement. Reimbursement of all reasonable and documented out-of-pocket expenses incurred during this engagement, including, but not limited to, travel and lodging, direct identifiable data processing, document production, publishing services and communication charges, courier services, working meals, reasonable and documented fees and expenses of PJT Partners’ counsel, payable upon rendition of invoices setting forth in reasonable detail the nature and amount of such expenses.

III. Services Provided by PJT during the Third Interim Period

9. PJT has rendered professional services to the Debtors as requested and in furtherance of

the interests of the Debtors’ estates. The variety and complexity of the issues in these chapter 11 4 As used in the Engagement Letter, “Sale Transaction” means (1) the sale, merger of other disposition of all or a material portion of the Debtors or their assets and/or (2) the acquisition by the Debtors of any assets and/or equity of any other party.


6

cases and the need to act or respond to such issues on an expedited basis have required the

expenditure of substantial time by PJT personnel. PJT respectfully submits that the professional

services that it rendered on behalf of the Debtors were necessary and appropriate, and have

directly contributed to the effective administration of these chapter 11 cases. The following

summary of services rendered during the Third Interim Period is not intended to be an exhaustive

description of the work performed but is merely an attempt to highlight certain of those areas in

which PJT rendered services to the Debtors:

(a) assisting in the evaluation of the Debtors’ businesses and prospects;

(b) advising the Debtors on restructuring matters and strategic options;

(c) facilitating meetings with and preparing materials for the Debtors’ board of directors to provide case updates and strategic advice;

(d) assisting in the development of financial data and presentations to the Debtors, the Debtors’ Board of Directors, various creditors and other third parties;

(e) participating in various scheduled update calls with the Debtors’ management and other advisors;

(f) providing and coordinating diligence to creditor advisors, special committee advisors and other stakeholders;

(g) participating in meetings with and hosting calls for creditors, advisors to various creditor groups, the Official Committee of Unsecured Creditors, and other parties in interest regarding case work streams;

(h) participating in meetings with and hosting calls for the special committees and advisors to the special committees,

(i) evaluating various claims of the Debtors’ including the potential impact of tax;

(j) analyzing the Debtors’ long-term business plan and related financial projections with regard to their impact on creditors and the Debtors’ restructuring process;

(k) evaluating the Debtors’ debt capacity and alternative capital structures;

(l) evaluating the Debtors’ enterprise value;

(m) formulating and analyzing various potential restructuring frameworks and presenting such frameworks to the Debtors;


7

(n) facilitating negotiations with creditors and their advisors regarding potential restructuring frameworks;

(o) analyzing various restructuring scenarios and the potential impact of these scenarios on the recoveries of those stakeholders impacted by the restructuring;

(p) assisting in the drafting of restructuring plan documents and other legal documents; and

(q) reviewing the various motions prepared by the Debtors’ legal counsel and providing advice to the Debtors and their legal counsel.

IV. The PJT Team

10. The investment banking services set forth above were performed primarily by: Steve

Zelin, Partner; James Murray, Partner; Jessica Kearns, Partner; Paul Sheaffer, Partner; Justin

Costello, Director; Joseph Terry, Director; Leah Lakarosky, Vice President; Mark Reynolds,

Vice President; Meaghan Kelly, Associate; Lou Colagreco, Associate; Leslie Wang, Analyst;

Andrew Karchmer, Analyst. Details of the background and experience of professionals currently

employed at PJT are provided in Appendix A.

V. PJT’s Request for Allowance of Compensation and Reimbursement of Expenses

11. During the Third Interim Period, PJT provided investment banking services to the

Debtors and earned Monthly Fees for such services totaling $675,000.00, and incurred actual and

necessary out-of-pocket expenses in the amount of $1,692.47. PJT respectfully requests the

allowance by the Court of the Monthly Fees earned and the reimbursement of out-of-pocket

expenses incurred during the Third Interim Period.


8

VI. PJT’s Request for Allowance of the Sale Transaction Fee

12. During the Third Interim Period, PJT earned a Sale Transaction Fee pursuant to the terms

of the Engagement Letter in connection with the acquisition by the Debtors of Gogo Inc. As a

result, upon the closing of such acquisition, which occurred on December 1, 2020, PJT earned a

Sale Transaction Fee in the amount of $5,000,000.00.5

13. Pursuant to the Retention Order, PJT received payment of such Sale Transaction Fee

upon the consummation of the Transaction.6 PJT respectfully requests the allowance by the

Court of such Sale Transaction Fee.

14. Invoices detailing the compensation earned, and the out-of-pocket expenses incurred

during the Third Interim Period are attached hereto as Appendix B. A summary of all fees earned

and out-of-pocket expenses incurred during the Third Interim Period is outlined below:

Third Compensation Period Fees

Out-of-Pocket

Expenses Amount Paid Amount Due December 1 – 31, 2020 $225,000.00 $96.81 ($180,096.81) $45,000.00 Sale Transaction Fee 5,000,000.00 - (5,000,000.00) - January 1 – 31, 2021 225,000.00 66.40 ($180,066.40) 45,000.00 February 1 – 28, 2021 225,000.00 1,529.26 - 226,529.26

Total $675,000.00 $1,692.47 ($5,360,163.21) $676,692.47

15. PJT respectfully submits that the compensation requested for the services rendered by

PJT to the Debtors during the Third Interim Period is fully justified and reasonable based upon

(a) the complexity of the issues presented, (b) the skill necessary to perform the financial 5 Pursuant to the Retention Order, PJT is entitled to a Sale Transaction Fee “calculated as (a) with respect to Sale Transactions having a Transaction Value up to $1.0 billion, 1.0% of the Transaction Value.” As reflected in Appendix D hereto, PJT calculated the Transaction Value to be $604,522,332.85 which results in a Sale Transaction Fee payable to PJT of $6,045,223.33. Following discussions with the Debtors, PJT agreed to voluntarily reduce such Sale Transaction Fee to $5.0 million. 6 The Retention Order provides, in pertinent part: “For the avoidance of doubt, to the extent not previously paid prior to the Petition Date, PJT shall be paid (a) each Capital Raising Fee for any financing, as to which PJT may be entitled under the Engagement Letter as soon as such financing is approved by this Court (or, if such approval occurred prior to entry of this Order, immediately following entry of this Order) and with respect to amounts available to the Debtors; and (b) each Amendment Fee, Exchange/Tender Fee, Restructuring Fee and Sale Transaction Fee upon consummation of the applicable Transaction, in each case subject to subsequent Court approval of any such Amendment Fee, Exchange/Tender Fee, Restructuring Fee and Sale Transaction Fee pursuant to PJT’s fee application.”


9

advisory services properly, (c) the preclusion of other employment, (d) the customary fees

charged to clients in non-bankruptcy situations for similar services rendered, (e) time constraints

required by the exigencies of the case, and (f) the experience, reputation and ability of the

professionals rendering services.

16. PJT respectfully submits that the services it has rendered to the Debtors have been

necessary and in the best interests of the Debtors and the Debtors’ estates. PJT respectfully

submits that under the criteria normally examined in chapter 11 reorganization cases, the

compensation requested by PJT is reasonable in light of the work performed by PJT during these

chapter 11 cases.

17. The amount of fees sought in this Third Interim Fee Application and PJT’s compensation

practices are consistent with market practices both in and out of a bankruptcy context. PJT has

never billed its clients based on the number of hours expended by its professionals. Accordingly,

PJT does not have hourly rates for its professionals and PJT's professionals generally do not

maintain detailed time records of the work performed for its clients. PJT has, however,

maintained contemporaneous time records in one-half hour increments. Time records with

respect to the 2,011.0 hours expended by PJT professionals in providing investment banking

services to the Debtors during the Third Interim Period are provided in Appendix C.

18. A summary of hours expended by PJT professionals during the Third Interim Period is

provided below:


10

Hours Expended By Professional

Professional December 2020 January 2021 February 2021 Total Steve Zelin 54.0 45.5 42.5 142.0 James Murray 6.5 4.0 2.0 12.5 Jessica Kearns 7.5 0.5 0.5 8.5 Paul Sheaffer 79.0 72.5 54.0 205.5 Justin Costello 9.5 0.5 0.5 10.5 Joseph Terry 28.0 25.0 5.5 58.5 Leah Lakarosky 142.5 119.0 90.5 352.0 Mark Reynolds 41.5 23.0 3.5 68.0 Meaghan Kelly 182.0 157.0 142.5 481.5 Lou Colagreco 13.5 19.0 3.5 36.0 Leslie Wang 202.0 197.0 134.0 533.0 Andrew Karchmer 52.5 47.0 3.5 103.0 Total Hours 818.5 710.0 482.5 2,011.0

19. Out-of-pocket expenses incurred by PJT are charged to a client if out-of-pocket expenses

are incurred for the client or are otherwise necessary in connection with services rendered for

such particular client. PJT does not factor general overhead expenses into any disbursements

charged to its clients in connection with chapter 11 cases. PJT has followed its general internal

policies with respect to out-of-pocket expenses billed as set forth below, with any exceptions

specifically explained.

(a) All cross-country airfare charges are based upon coach class rates.

(b) With respect to local travel, PJT's general policy enables employees to travel by taxi or, in certain circumstances private car service, to and from meetings while rendering services to a client on a client related matter, for which the client is charged. Further, and primarily for safety reasons, employees are permitted to charge to a client the cost of transportation home if an employee is required to work past 9:00 p.m. on weekdays on client specific matters.

(c) PJT's general policy permits its professionals to charge in-office dinner meals to a client after working 3 hours beyond their regularly scheduled workday if an employee is required to provide services to the client during such dinnertime, and to charge in-office meals on the weekend if an employee is required to provide services to a client on the weekend and spends at least 4 hours in the office.

(d) The External Research category of expenses includes charges from outside computer/electronic service companies that supply, for a fee, research and/or financial documents to PJT. The services provided by these companies primarily consist of the retrieval of financial documents from regulatory agencies and/or the retrieval of research that would not otherwise be available to PJT. The Internal Research category of expenses


11

are the charges for time spent by PJT research staff in operating the computer/electronic terminals related to these computer/electronic service companies.

(e) The Publishing Services category of expenses includes charges for the production of text-based publications such as research reports and presentations, and printing and binding services.

20. All services for which PJT requests compensation were performed for and on behalf of

the Debtors and not on behalf of any other person or stakeholder.

21. No agreement or understanding exists between PJT and any other entity for the sharing of

compensation received or to be received for services rendered in or in connection with these

proceedings.


12

VI. Requested Relief

WHEREFORE, PJT requests that the Court:

(a) allow and grant interim approval of (i) PJT’s Monthly Fees earned in the amount of $675,000.00, (ii) PJT’s Sale Transaction Fee in the amount of $5,000,000.00 and (ii) the reimbursement of PJT’s out-of-pocket expenses incurred in the amount of $1,692.47 for the Third Interim Period;

(b) authorize and direct Debtors to pay PJT’s allowed and unpaid fees and out-of-pocket expenses earned or incurred during the Third Interim Period as follows:

Monthly Fees $675,000.00 Sale Transaction Fee 5,000,000.00 Out-of-Pocket Expenses 1,692.47 Less: Payments Received (5,000,000.00) Amount Due PJT $676,692.47

and

(c) grant such other and further relief as the Court deems just and proper.

Dated: April 23, 2021 PJT Partners LP Investment Banker to the Debtors

By: /s/ Steven Zelin

Steven Zelin Partner 280 Park Avenue New York, NY 10017 (212) 364-7800


APPENDIX A


Biographies of PJT Professionals

Steve Zelin. Steven Zelin is a Partner in the Restructuring & Special Situations Group. Mr. Zelin has advised in both domestic and cross-border restructuring, capital raise, financing and merger and acquisition advisory transactions on a full-time basis since 1988. Mr. Zelin's most notable public assignments include: Abitibi Bowater Holdings, Inc., Aeromexico/Mexicana Airlines, Aquila, Inc., Big V Supermarkets (Shop Rite), Calpine Corporation, Centaur Gaming, Clearwire Corporation, Delphi Corporation, Energy Furture Holdings, Enron Corporation, Entergy New Orleans, Ferruzzi Finanziaria, Ford Motor Company, General Motors Corporation, The Goodyear Tire & Rubber Company, Highland Hospitality, Houston Sports Authority, Indianapolis Downs, Integrated Resources, Inc., Intrawest Resorts, Jefferson County (Alabama) Sewer System, Kerzner International, Kindred Healthcare (formerly Vencor), LightSquared, Inc., Mariner Energy, Marvel Entertainment Group, Mrs. Fields Cookies, Inc., Motorola Inc. (in the restructuring of Iridium), Nexen, NII Holdings, Inc., Pacific Lumber/Scotia Pacific Corp., Ritz Carlton Grand Cayman, R. H. Macy & Co., SEM Group Energy Partners, State of Rhode Island (in the restructuring of Twin River Casino), Sumitomo Corp (in the restructuring of Apex Silver Mines), Terrestar Corp., Tosiba Corp (in the restructuring of Nuclear Initiative N. America, Washington Mutual Inc., and Xerox Corporation. Mr. Zelin is a Fellow of the American College of Bankruptcy, an honorary association of bankruptcy and insolvency judges, lawyers and restructuring specialists whose members are admitted based upon achievements and service to the profession. Mr. Zelin has also been named as one of the country’s leading restructuring financial advisors in the 2003 through 2011 K&A Restructuring Register, an annual peer group listing assembled by the country’s leading restructuring professionals. He is a frequent lecturer on restructuring related topics at New York University and serves on its Board of Overseers. Mr. Zelin graduated with a BSc from State University of New York and received his MBA from New York University’s Stern School of Business.

James Murray. Mr. Murray is a Partner in the Strategic Advisory Group at PJT Partners, based in New York, having joined its predecessor company in 2014. Over the course of his career, Mr. Murray managed the firm’s relationships with wireless carriers, mobile device manufacturers, satellite communications ventures, aerospace, automotive, and defense / intel primes, media conglomerates and major Internet companies in the United States, Europe and Asia. Mr. Murray has led advisory teams on public and private company mergers, leveraged buyouts, special committee assignments and corporate restructurings. He has accumulated extensive capital markets experience, including the successful IPOs of numerous TMT companies on the NYSE, NASDAQ and LSE. Before joining PJT Mr. Murray spent 14 years at Morgan Stanley in New York and Chicago. Prior to his time at Morgan Stanley, Mr. Murray spent 5 years at Monitor Company, a strategy consulting firm focused on telecommunications and competitive intelligence, based in Hong Kong, Singapore, and Cambridge. Mr. Murray has an AB in Government from Harvard College and studied International Relations and Economics at the London School of Economics.


2

Jessica Kearns. Ms. Kearns is a Partner in the Capital Markets Advisory Group at PJT Partners. Ms. Kearns has twenty-six years of Investment Banking experience. Prior to joining PJT Partners, she headed TMT Leveraged Finance at JP Morgan. Under her leadership, JP Morgan was the top ranked book runner in TMT High Yield Bonds and Leveraged Loans. Ms. Kearns received a BA from Connecticut College and an MBA from Columbia Business School.

Paul Sheaffer. Mr. Sheaffer is a Partner in the Restructuring & Special Situations Group. Since joining the Restructuring & Special Situations Group, Mr. Sheaffer has worked on a variety of restructuring situations including A123 Systems, AF Global, American Seafoods, Avaya, Bally Total Fitness, Basic Energy, Cengage Learning, Crunch Fitness, Granite Broadcasting, Houghton Mifflin Harcourt, Jefferson County, Key Energy, Lee Enterprises, MBIA (re: City of Detroit), Magnetation, Milagro Oil & Gas, Odebrecht Oil & Gas, OPTI Canada Republic Airlines, Relativity Media, and Specialty Products Holding Corp. Prior to joining PJT Partners, Mr. Sheaffer was an Associate at Angelo, Gordon & Co. in the Special Situations and Private Equity group, working on transactions and restructurings in a variety of industries, including retail and specialty finance. Before working at Angelo, Gordon & Co., Mr. Sheaffer was an Analyst in Blackstone's Restructuring & Reorganization Group, advising on a variety of restructuring transactions. Mr. Sheaffer received a BS in Analytical Finance and a MS in Accountancy from Wake Forest University.

Justin Costello. Mr. Costello is a Director in the Capital Markets Advisory Group at PJT Partners. Mr. Costello has over seven years of experience in Investment Banking. Prior to joining PJT Partners, he worked at Credit Suisse in the Leveraged Finance Origination and Restructuring group, serving as a Vice President. At Credit Suisse, he also worked in the Liability Management group advising companies on managing their balance sheet including refinancings, exchanges, amendments, M&A structuring, tenders and open market repurchases. Mr. Costello received a BA in Economics from Siena University and an MBA from New York University’s Stern School of Business.

Joseph Terry. Mr. Terry is a Director in the Strategic Advisory Group at PJT Partners. Prior to joining PJT, Mr. Terry served as an associate in Investment Banking as Credit Suisse. Mr. Terry received a BBA from Baylor University and an MBA from the University of Chicago Booth School of Business.

Leah Lakarosky. Ms. Lakarosky is a Vice President in the Restructuring & Special Situations Group. Prior to joining PJT, Ms. Lakarosky worked in the Valuation Advisory Services practice at Duff & Phelps where she assessed the value of business enterprises, debt and equity investments, and intangible assets for clients across the financial services, real estate, technology, retail, and industrials sectors. At PJT, Ms. Lakarosky has worked on a variety of in-court and out-of-court assignments including: APC Automotive Technologies, Basic Energy Services, Global A&T Electronics, Relativity Media, Stearns Holdings, Toisa Ltd. and VER Technologies. Ms. Lakarosky received a B.S. in Finance from the University of Illinois with high honors and an MBA from Harvard Business School. She is also a Chartered Financial Analyst.


3

Mark Reynolds. Mark Reynolds is a Vice President in the Strategic Advisory Group at

PJT Partners. Prior to joining PJT, Mr. Reynolds served as an Associate in the Technology, Media and Telecom Group at Goldman Sachs. Prior to Goldman, Mr. Reynolds served as an Associate in the Leveraged Finance Group at HSBC. Mr. Reynolds received a B.S. in Finance and Economics from Boston College and an MBA from Columbia University.

Meaghan Kelly. Ms. Kelly is an Associate in the Restructuring & Special Situations Group at PJT Partners LP. Prior to joining PJT, Ms. Kelly worked as a Senior Consultant in the Corporate Finance and Restructuring practice at FTI Consulting, Inc. Ms. Kelly has advised both debtors and creditors across a range of industries. Ms. Kelly has a BBA in finance and economics from Villanova University, where she graduated Magna Cum Laude, and an MBA from the Wharton School at University of Pennsylvania.

Lou Colagreco. Mr. Colagreco is an Associate in the Strategic Advisory Group at PJT Partners. Prior to joining PJT Partners, Mr. Colagreco was a Client Service Associate in the Prime Brokerage group at J.P. Morgan. Mr. Colagreco graduated with a BS in Finance from the University of Delaware and received his MBA from New York University’s Stern School of Business.

Leslie Wang. Ms. Wang is an Analyst in the Restructuring & Special Situations Group at PJT Partners LP. Ms. Wang received a BS in Economics from the Wharton School at the University of Pennsylvania with concentrations in Statistics, Finance, and Healthcare Management & Economics, where she graduated summa cum laude. Prior to joining PJT as an analyst, Ms. Wang completed internships at Goldman Sachs.

Andrew Karchmer. Mr. Karchmer is an Analyst in the Strategic Advisory Group at PJT Partners. Mr. Karchmer graduated with a BBA from the University of Michigan Ross School of Business.


APPENDIX B


April 12, 2021

Intelsat Invoice Services LLC7900 Tysons One PlaceMcLean, VA 22102

Monthly Fee for the period of December 1, 2020 through December 31, 2020: 225,000.00$

Out-of-pocket expenses through the period of January 13, 2021:(1)

Ground Transportation 96.81$ 96.81

Subtotal 225,096.81

Less: Payment Received (180,096.81)

Total Amount Due 45,000.00$

Invoice No. 10016629

(1) Expenses incurred, but not yet processed due to timing differences will be billed at a later date. PJT Partners LP

Finance Dept. - 17th Floor

280 Park Avenue

New York, NY 10017

212 364-7800

[email protected]


GL Detail TotalJan-21 Expenses

Ground Transportation 96.81$ 96.81$ Total 96.81$ 96.81$

Ground Transportation 96.81$

Total Expenses 96.81$

Intelsat S.A.Summary of Expenses


Ground TransportationSheaffer (taxi to LaGuardia Airport in Queens, NY from home) 02/13/20 58.62 Sheaffer (taxi to New York Penn Station from home) 03/03/20 38.19

Subtotal - Ground Transportation 96.81$


Intelsat S.A.Detail of Expenses Processed

Through January 13, 2021Invoice No. 10016629

Page 3 of 3


December 29, 2020

David TolleyEVP & CFOIntelsat S.A.c/o Intelsat US LLC7900 Tysons One PlaceMcLean, VA 22102

Sale Transaction Fee: 5,000,000.00$

Less: Payment Received (5,000,000.00)

Total Amount Due -$


PJT Partners LP


280 Park Avenue

New York, NY 10017

212 364-7800

[email protected]


April 20, 2021


Monthly Fee for the period of January 1, 2021 through Janauary 31, 2021: 225,000.00$

Out-of-pocket expenses through the period of February 2, 2021:(1)

Ground Transportation 31.40$ Meals 35.00 66.40

Subtotal 225,066.40

Less: Payment Received (180,066.40)





280 Park Avenue

New York, NY 10017

212 364-7800

[email protected]


GL Detail TotalFeb-21 Expenses

Ground Transportation 31.40$ 31.40$ Meals 35.00 35.00 Total 66.40$ 66.40$

Ground Transportation 31.40$ Meals 35.00




Ground TransportationLakarosky (weeknight taxi home from offuce) 12/18/20 31.40

Subtotal - Ground Transportation 31.40$

Employee MealsLakarosky (weeknight working dinner meal @ office) 12/18/20 35.00

Subtotal - Employee Meals 35.00



Through February 2, 2021Invoice No. 10016759

Page 3 of 3


April 22, 2021


Monthly Fee for the period of February 1, 2021 through February 28, 2021: 225,000.00$

Out-of-pocket expenses through the period of March 2, 2021:(1)

Airfare 1,156.00$ Ground Transportation 363.96 Communications 10.00 1,529.96





280 Park Avenue

New York, NY 10017

212 364-7800

[email protected]


GL Detail TotalMar-21 Expenses

Airfare 1,156.00$ 1,156.00$ Ground Transportation 363.96 363.96 Communications 10.00 10.00 Total 1,529.96$ 1,529.96$

Airfare 1,156.00$ Ground Transportation 363.96 Communications 10.00

Total Expenses 1,529.96$



AirfareZelin (travel agency booking fee for flight to/from Washington, DC from/to Queens, NY on 02/13/20) 02/11/20 95.00 Zelin (round trip coach class flight to/from Washington, DC from/to Queens, NY) 02/13/20 1,061.00

Subtotal - Airfare 1,156.00$

Ground TransportationZelin (car service to LaGuardia Airport in Queens, NY from home) 02/13/20 167.29 Zelin (car service home from LaGuardia Airport in Queens, NY) 02/13/20 196.67

Subtotal - Ground Transportation 363.96

CommunicationsZelin (wi-fi access while traveling) 02/13/20 10.00

Subtotal - Communications 10.00

Total Expenses 1,529.96$


Through March 2, 2021 Invoice No. 10016957

Page 3 of 3


APPENDIX C


PJT PARTNERS LPSUMMARY OF HOURS FOR THE PERIOD OF

DECEMBER 1, 2020 THROUGH DECEMBER 31, 2020

Professional Title Hours

Steve Zelin 54.0

James Murray 6.5

Jessica Kearns 7.5

Paul Sheaffer Partner 79.0

Justin Costello Director 9.5

Joseph Terry Director 28.0

Leah Lakarosky Vice President 142.5

Mark Reynolds Vice President 41.5

Meaghan Kelly Associate 182.0

Lou Colagreco Associate 13.5

Leslie Wang Analyst 202.0

Andrew Karchmer Analyst 52.5

Total Hours 818.5

Partner

Partner

Partner


PJT PARTNERS LPHOURLY DETAILS FOR THE PERIOD OF


Professional Date Hours Explanation

Steve Zelin 12/01/20 0.5 Internal discussion re: financial analysisSteve Zelin 12/01/20 1.0 Tax discussion with creditor advisorSteve Zelin 12/02/20 0.5 Call with K&E and A&M re: processSteve Zelin 12/02/20 1.5 Call with UCCSteve Zelin 12/02/20 0.5 Call with Special Committee advisorsSteve Zelin 12/02/20 0.5 Call with K&E and A&M re: business planSteve Zelin 12/03/20 0.5 Call with management re: debt capacitySteve Zelin 12/03/20 0.5 Call with management re: case workstreamsSteve Zelin 12/03/20 0.5 Call with Special Committee advisorsSteve Zelin 12/03/20 0.5 Call with Special Committee advisorsSteve Zelin 12/03/20 1.0 Call with Special Committee advisorsSteve Zelin 12/04/20 0.5 Internal discussion re: financial analysisSteve Zelin 12/04/20 0.5 Call with K&E and A&M re: processSteve Zelin 12/04/20 0.5 Call with Special Committee advisorsSteve Zelin 12/04/20 1.0 Call with management re: financial analysisSteve Zelin 12/05/20 1.0 Call with creditor advisor re: term sheetSteve Zelin 12/07/20 0.5 Call with K&E and A&M re: processSteve Zelin 12/07/20 1.0 Creditor diligence callSteve Zelin 12/07/20 0.5 Call with management re: creditor diligenceSteve Zelin 12/07/20 1.0 Creditor diligence callSteve Zelin 12/07/20 0.5 Internal discussion re: financial analysisSteve Zelin 12/07/20 0.5 Call with K&E and A&M re: creditor diligenceSteve Zelin 12/08/20 0.5 Call with K&E and A&M re: financial analysisSteve Zelin 12/08/20 1.0 Internal discussion re: financial analysisSteve Zelin 12/09/20 1.0 Internal discussion re: financial analysisSteve Zelin 12/09/20 0.5 Call with K&E and A&M re: financial analysisSteve Zelin 12/09/20 1.0 Call with creditor advisor re: term sheetSteve Zelin 12/09/20 0.5 Internal discussion re: financial analysisSteve Zelin 12/10/20 0.5 Call with management re: case workstreamsSteve Zelin 12/10/20 0.5 Call with management re: financial analysisSteve Zelin 12/10/20 1.0 Call with K&E and A&M re: financial analysisSteve Zelin 12/11/20 0.5 Call with K&E and A&M re: processSteve Zelin 12/12/20 2.0 Internal discussion re: financial analysisSteve Zelin 12/13/20 1.0 Internal discussion re: financial analysisSteve Zelin 12/13/20 1.0 Call with Special Committee advisorsSteve Zelin 12/13/20 1.0 Call with K&E re: financial analysisSteve Zelin 12/14/20 0.5 Internal discussion re: financial analysisSteve Zelin 12/14/20 0.5 Call with K&E and A&M re: processSteve Zelin 12/14/20 0.5 Internal call re: various mattersSteve Zelin 12/15/20 0.5 Call with management re: processSteve Zelin 12/15/20 1.0 Call with management re: financial analysisSteve Zelin 12/15/20 1.0 Call with creditor advisor re: term sheetSteve Zelin 12/15/20 0.5 Call with Special Committee advisorsSteve Zelin 12/15/20 1.0 Call with management re: processSteve Zelin 12/15/20 0.5 Call with creditor advisor re: processSteve Zelin 12/15/20 0.5 Call with creditor advisor re: term sheet

Page 2 of 25





Steve Zelin 12/16/20 0.5 Call with K&E and A&M re: processSteve Zelin 12/16/20 0.5 Call with Special Committee advisorsSteve Zelin 12/16/20 0.5 Call with creditor advisor re: taxSteve Zelin 12/16/20 0.5 Internal call re: analysisSteve Zelin 12/17/20 0.5 Call with management re: processSteve Zelin 12/17/20 1.0 Call with Special Committee advisorsSteve Zelin 12/17/20 1.0 Call with Special Committee advisorsSteve Zelin 12/17/20 0.5 Call with management re: term sheetSteve Zelin 12/17/20 1.0 Call with Special Committee advisorsSteve Zelin 12/17/20 0.5 Call with Special Committee advisorsSteve Zelin 12/18/20 0.5 Call with K&E and A&M re: processSteve Zelin 12/18/20 1.0 Call with creditor advisor re: term sheetSteve Zelin 12/20/20 0.5 Call with K&E re: processSteve Zelin 12/20/20 1.0 Call with management re: processSteve Zelin 12/21/20 0.5 Call with K&E and A&M re: processSteve Zelin 12/21/20 0.5 Call with management re: term sheetSteve Zelin 12/22/20 0.5 Call with K&E re: processSteve Zelin 12/22/20 0.5 Call with management re: financial analysisSteve Zelin 12/22/20 1.0 Call with creditor advisor re: term sheetSteve Zelin 12/23/20 0.5 Call with K&E and A&M re: processSteve Zelin 12/23/20 0.5 Call with creditor advisor re: term sheetSteve Zelin 12/23/20 0.5 Call with creditor advisor re: term sheetSteve Zelin 12/23/20 0.5 Call with creditor advisor re: term sheetSteve Zelin 12/23/20 0.5 Call with K&E re: processSteve Zelin 12/23/20 0.5 Call with management re: processSteve Zelin 12/23/20 0.5 Call with creditor advisor re: term sheetSteve Zelin 12/29/20 0.5 PMO call with CompanySteve Zelin 12/29/20 1.0 Internal discussion re: financial analysisSteve Zelin 12/30/20 0.5 Call with K&E and A&M re: processSteve Zelin 12/30/20 0.5 Creditor diligence callSteve Zelin 12/31/20 2.0 Call with Special Committee advisors

54.0

Page 3 of 25





James Murray 12/04/20 0.5 Internal discussion re: financial analysisJames Murray 12/09/20 0.5 Internal discussion re: financial analysisJames Murray 12/10/20 0.5 Call with management re: financial analysisJames Murray 12/13/20 1.0 Call with K&E re: financial analysisJames Murray 12/15/20 0.5 Call with management re: processJames Murray 12/15/20 1.0 Call with management re: financial analysisJames Murray 12/15/20 1.0 Call with management re: processJames Murray 12/21/20 0.5 Call with management re: term sheetJames Murray 12/29/20 1.0 Internal discussion re: financial analysis

6.5

Page 4 of 25





Jessica Kearns 12/03/20 0.5 Call with management re: debt capacityJessica Kearns 12/04/20 0.5 Internal discussion re: financial analysisJessica Kearns 12/04/20 1.0 Call with management re: financial analysisJessica Kearns 12/07/20 0.5 Call with management re: creditor diligenceJessica Kearns 12/07/20 1.0 Creditor diligence callJessica Kearns 12/09/20 1.0 Call with creditor advisor re: term sheetJessica Kearns 12/09/20 0.5 Internal discussion re: financial analysisJessica Kearns 12/10/20 0.5 Call with management re: financial analysisJessica Kearns 12/18/20 0.5 Internal discussion re: financial analysisJessica Kearns 12/18/20 0.5 Creditor diligence callJessica Kearns 12/21/20 0.5 Call with management re: term sheetJessica Kearns 12/30/20 0.5 Creditor diligence call

7.5

Page 5 of 25





Paul Sheaffer 12/01/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/01/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/01/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/01/20 1.0 Tax discussion with creditor advisorPaul Sheaffer 12/01/20 1.0 Call with creditor advisor re: KEIPPaul Sheaffer 12/01/20 0.5 Call with K&E re: restructuring planPaul Sheaffer 12/02/20 1.0 Creditor diligence callPaul Sheaffer 12/02/20 0.5 Call with K&E and A&M re: processPaul Sheaffer 12/02/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/02/20 1.5 Call with UCCPaul Sheaffer 12/02/20 0.5 Call with Special Committee advisorsPaul Sheaffer 12/02/20 0.5 Call with K&E and A&M re: business planPaul Sheaffer 12/03/20 0.5 Call with management re: debt capacityPaul Sheaffer 12/03/20 0.5 Call with management re: case workstreamsPaul Sheaffer 12/03/20 0.5 Call with Special Committee advisorsPaul Sheaffer 12/03/20 0.5 Call with Special Committee advisorsPaul Sheaffer 12/03/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/03/20 1.0 Call with Special Committee advisorsPaul Sheaffer 12/04/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/04/20 0.5 Call with management re: financial analysisPaul Sheaffer 12/04/20 0.5 Call with K&E and A&M re: processPaul Sheaffer 12/04/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/04/20 0.5 Creditor diligence callPaul Sheaffer 12/04/20 0.5 Call with Special Committee advisorsPaul Sheaffer 12/04/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/04/20 1.0 Call with management re: financial analysisPaul Sheaffer 12/05/20 1.0 Internal discussion re: financial analysisPaul Sheaffer 12/05/20 1.0 Call with creditor advisor re: term sheetPaul Sheaffer 12/07/20 0.5 Call with K&E and A&M re: processPaul Sheaffer 12/07/20 1.0 Creditor diligence callPaul Sheaffer 12/07/20 0.5 Call with management re: creditor diligencePaul Sheaffer 12/07/20 1.0 Creditor diligence callPaul Sheaffer 12/07/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/07/20 0.5 Call with K&E and A&M re: creditor diligencePaul Sheaffer 12/08/20 0.5 Call with K&E and A&M re: financial analysisPaul Sheaffer 12/08/20 0.5 Call with K&E re: taxPaul Sheaffer 12/08/20 1.0 Internal discussion re: financial analysisPaul Sheaffer 12/08/20 1.0 Call with management Paul Sheaffer 12/09/20 1.0 Internal discussion re: financial analysisPaul Sheaffer 12/09/20 0.5 Call with K&E and A&M re: financial analysisPaul Sheaffer 12/09/20 1.0 Call with creditor advisor re: term sheetPaul Sheaffer 12/09/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/09/20 2.0 Board meetingPaul Sheaffer 12/09/20 1.0 Call with management Paul Sheaffer 12/10/20 0.5 Call with management re: case workstreamsPaul Sheaffer 12/10/20 0.5 Internal discussion re: financial analysis

Page 6 of 25





Paul Sheaffer 12/10/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/10/20 0.5 Call with management re: financial analysisPaul Sheaffer 12/10/20 1.0 Internal discussion re: financial analysisPaul Sheaffer 12/10/20 1.0 Call with K&E and A&M re: financial analysisPaul Sheaffer 12/10/20 0.5 Call with creditor advisorPaul Sheaffer 12/11/20 0.5 Call with K&E and A&M re: processPaul Sheaffer 12/11/20 0.5 Call with K&E re: financial analysisPaul Sheaffer 12/11/20 0.5 Call with K&E re: financial analysisPaul Sheaffer 12/12/20 2.0 Internal discussion re: financial analysisPaul Sheaffer 12/13/20 1.0 Internal discussion re: financial analysisPaul Sheaffer 12/13/20 1.0 Call with Special Committee advisorsPaul Sheaffer 12/13/20 1.0 Call with K&E re: financial analysisPaul Sheaffer 12/14/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/14/20 0.5 Call with K&E and A&M re: processPaul Sheaffer 12/14/20 0.5 Internal call re: various mattersPaul Sheaffer 12/15/20 0.5 Call with management re: processPaul Sheaffer 12/15/20 1.0 Call with management re: financial analysisPaul Sheaffer 12/15/20 1.0 Call with creditor advisor re: term sheetPaul Sheaffer 12/15/20 0.5 Call with Special Committee advisorsPaul Sheaffer 12/15/20 1.0 Call with management re: processPaul Sheaffer 12/15/20 0.5 Call with creditor advisor re: processPaul Sheaffer 12/15/20 0.5 Call with creditor advisor re: term sheetPaul Sheaffer 12/16/20 0.5 Call with K&E and A&M re: processPaul Sheaffer 12/16/20 0.5 Call with Special Committee advisorsPaul Sheaffer 12/16/20 0.5 Call with creditor advisor re: taxPaul Sheaffer 12/16/20 0.5 Call with creditor advisor re: taxPaul Sheaffer 12/17/20 0.5 Call with management re: processPaul Sheaffer 12/17/20 1.0 Call with Special Committee advisorsPaul Sheaffer 12/17/20 1.0 Call with Special Committee advisorsPaul Sheaffer 12/17/20 0.5 Call with management re: term sheetPaul Sheaffer 12/17/20 1.0 Call with Special Committee advisorsPaul Sheaffer 12/17/20 0.5 Call with Special Committee advisorsPaul Sheaffer 12/18/20 0.5 Call with K&E and A&M re: processPaul Sheaffer 12/18/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/18/20 0.5 Creditor diligence callPaul Sheaffer 12/18/20 1.0 Call with creditor advisor re: term sheetPaul Sheaffer 12/18/20 0.5 Call with creditor advisor Paul Sheaffer 12/20/20 0.5 Call with K&E re: processPaul Sheaffer 12/20/20 1.0 Call with management re: processPaul Sheaffer 12/20/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/20/20 1.0 Internal discussion re: financial analysisPaul Sheaffer 12/21/20 0.5 Call with K&E and A&M re: processPaul Sheaffer 12/21/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/21/20 1.0 Court hearingPaul Sheaffer 12/21/20 0.5 Call with K&E re: term sheetPaul Sheaffer 12/21/20 0.5 Call with management re: term sheet

Page 7 of 25





Paul Sheaffer 12/21/20 0.5 Call with K&E re: processPaul Sheaffer 12/22/20 0.5 Call with K&E re: processPaul Sheaffer 12/22/20 0.5 Call with Special Committee advisorsPaul Sheaffer 12/22/20 0.5 Call with management re: financial analysisPaul Sheaffer 12/22/20 1.0 Call with creditor advisor re: term sheetPaul Sheaffer 12/23/20 0.5 Call with K&E and A&M re: processPaul Sheaffer 12/23/20 0.5 Call with creditor advisor re: term sheetPaul Sheaffer 12/23/20 0.5 Call with creditor advisor re: term sheetPaul Sheaffer 12/23/20 0.5 Call with creditor advisor re: term sheetPaul Sheaffer 12/23/20 0.5 Creditor diligence callPaul Sheaffer 12/23/20 0.5 Call with Special Committee advisorsPaul Sheaffer 12/23/20 0.5 Call with K&E re: processPaul Sheaffer 12/23/20 0.5 Call with management re: processPaul Sheaffer 12/23/20 0.5 Call with creditor advisor re: term sheetPaul Sheaffer 12/29/20 0.5 PMO call with CompanyPaul Sheaffer 12/29/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/29/20 0.5 Internal discussion re: financial analysisPaul Sheaffer 12/29/20 1.0 Internal discussion re: financial analysisPaul Sheaffer 12/29/20 0.5 Call with A&M re: financial analysisPaul Sheaffer 12/30/20 0.5 Call with K&E and A&M re: processPaul Sheaffer 12/30/20 0.5 Creditor diligence callPaul Sheaffer 12/30/20 0.5 Call with K&E re: term sheetPaul Sheaffer 12/30/20 0.5 Call with Key and management re: processPaul Sheaffer 12/31/20 2.0 Call with Special Committee advisors

79.0

Page 8 of 25





Justin Costello 12/03/20 0.5 Call with management re: debt capacityJustin Costello 12/04/20 0.5 Internal discussion re: financial analysisJustin Costello 12/04/20 1.0 Call with management re: financial analysisJustin Costello 12/07/20 0.5 Call with management re: creditor diligenceJustin Costello 12/07/20 1.0 Creditor diligence callJustin Costello 12/09/20 1.0 Call with creditor advisor re: term sheetJustin Costello 12/09/20 0.5 Internal discussion re: financial analysisJustin Costello 12/10/20 0.5 Call with management re: financial analysisJustin Costello 12/16/20 0.5 Call with management re: financial analysisJustin Costello 12/18/20 0.5 Internal discussion re: financial analysisJustin Costello 12/18/20 0.5 Creditor diligence callJustin Costello 12/20/20 1.0 Internal discussion re: financial analysisJustin Costello 12/21/20 0.5 Call with management re: term sheetJustin Costello 12/29/20 0.5 Internal discussion re: financial analysisJustin Costello 12/30/20 0.5 Creditor diligence call

9.5

Page 9 of 25





Joseph Terry 12/01/20 0.5 Internal discussion re: financial analysisJoseph Terry 12/02/20 0.5 Call with K&E and A&M re: processJoseph Terry 12/02/20 1.0 Internal discussion re: financial analysisJoseph Terry 12/04/20 0.5 Internal discussion re: financial analysisJoseph Terry 12/04/20 0.5 Call with K&E and A&M re: processJoseph Terry 12/07/20 0.5 Call with K&E and A&M re: processJoseph Terry 12/07/20 1.0 Creditor diligence callJoseph Terry 12/07/20 1.0 Creditor diligence callJoseph Terry 12/07/20 0.5 Internal discussion re: financial analysisJoseph Terry 12/08/20 0.5 Call with K&E re: taxJoseph Terry 12/08/20 1.0 Internal discussion re: financial analysisJoseph Terry 12/09/20 1.0 Internal discussion re: financial analysisJoseph Terry 12/09/20 0.5 Internal discussion re: financial analysisJoseph Terry 12/10/20 0.5 Call with management re: financial analysisJoseph Terry 12/10/20 1.0 Internal discussion re: financial analysisJoseph Terry 12/10/20 1.0 Call with K&E and A&M re: financial analysisJoseph Terry 12/10/20 0.5 Internal call re: financial analysisJoseph Terry 12/11/20 0.5 Call with K&E and A&M re: processJoseph Terry 12/12/20 2.0 Internal discussion re: financial analysisJoseph Terry 12/13/20 1.0 Internal discussion re: financial analysisJoseph Terry 12/13/20 1.0 Call with K&E re: financial analysisJoseph Terry 12/14/20 0.5 Call with K&E and A&M re: processJoseph Terry 12/15/20 0.5 Call with management re: processJoseph Terry 12/15/20 1.0 Call with management re: financial analysisJoseph Terry 12/15/20 1.0 Call with management re: processJoseph Terry 12/16/20 0.5 Call with K&E and A&M re: processJoseph Terry 12/16/20 0.5 Call with creditor advisor re: taxJoseph Terry 12/16/20 0.5 Call with management re: financial analysisJoseph Terry 12/18/20 0.5 Call with A&M re: financial analysisJoseph Terry 12/21/20 0.5 Call with K&E and A&M re: processJoseph Terry 12/21/20 0.5 Internal discussion re: financial analysisJoseph Terry 12/21/20 0.5 Call with management re: term sheetJoseph Terry 12/22/20 0.5 Internal discussion re: financial analysisJoseph Terry 12/23/20 0.5 Call with K&E and A&M re: processJoseph Terry 12/23/20 0.5 Internal discussion re: financial analysisJoseph Terry 12/29/20 0.5 PMO call with CompanyJoseph Terry 12/29/20 0.5 Internal discussion re: financial analysisJoseph Terry 12/29/20 0.5 Internal discussion re: financial analysisJoseph Terry 12/29/20 1.0 Internal discussion re: financial analysisJoseph Terry 12/29/20 0.5 Call with A&M re: financial analysisJoseph Terry 12/30/20 0.5 Call with K&E and A&M re: process

28.0

Page 10 of 25





Leah Lakarosky 12/01/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/01/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/01/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/01/20 1.0 Tax discussion with creditor advisorLeah Lakarosky 12/01/20 1.0 Call with creditor advisor re: KEIPLeah Lakarosky 12/01/20 1.5 Review of presentation materialsLeah Lakarosky 12/02/20 1.0 Creditor diligence callLeah Lakarosky 12/02/20 0.5 Call with K&E and A&M re: processLeah Lakarosky 12/02/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/02/20 1.5 Call with UCCLeah Lakarosky 12/02/20 0.5 Call with Special Committee advisorsLeah Lakarosky 12/02/20 0.5 Call with K&E and A&M re: business planLeah Lakarosky 12/02/20 0.5 Email correspondenceLeah Lakarosky 12/02/20 2.0 Preparation of financial analysisLeah Lakarosky 12/02/20 1.0 Review of presentation materialsLeah Lakarosky 12/03/20 0.5 Call with management re: debt capacityLeah Lakarosky 12/03/20 0.5 Call with management re: case workstreamsLeah Lakarosky 12/03/20 0.5 Call with Special Committee advisorsLeah Lakarosky 12/03/20 0.5 Call with Special Committee advisorsLeah Lakarosky 12/03/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/03/20 1.0 Call with Special Committee advisorsLeah Lakarosky 12/03/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/03/20 0.5 Creditor diligence callLeah Lakarosky 12/03/20 2.5 Review of financial analysisLeah Lakarosky 12/03/20 0.5 Review of presentation materialsLeah Lakarosky 12/04/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/04/20 0.5 Call with management re: financial analysisLeah Lakarosky 12/04/20 0.5 Call with K&E and A&M re: processLeah Lakarosky 12/04/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/04/20 0.5 Creditor diligence callLeah Lakarosky 12/04/20 0.5 Call with Special Committee advisorsLeah Lakarosky 12/04/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/04/20 1.0 Call with management re: financial analysisLeah Lakarosky 12/04/20 0.5 Email correspondenceLeah Lakarosky 12/04/20 1.0 Review of financial analysisLeah Lakarosky 12/04/20 1.5 Preparation of presentation materialsLeah Lakarosky 12/04/20 0.5 Call with A&M re: financial analysisLeah Lakarosky 12/05/20 1.0 Internal discussion re: financial analysisLeah Lakarosky 12/05/20 1.0 Call with creditor advisor re: term sheetLeah Lakarosky 12/05/20 0.5 Email correspondenceLeah Lakarosky 12/06/20 0.5 Call with creditor advisors re: term sheetLeah Lakarosky 12/07/20 0.5 Call with K&E and A&M re: processLeah Lakarosky 12/07/20 1.0 Creditor diligence callLeah Lakarosky 12/07/20 0.5 Call with management re: creditor diligenceLeah Lakarosky 12/07/20 1.0 Creditor diligence callLeah Lakarosky 12/07/20 0.5 Internal discussion re: financial analysis

Page 11 of 25





Leah Lakarosky 12/07/20 0.5 Call with K&E and A&M re: creditor diligenceLeah Lakarosky 12/07/20 2.5 Preparation of presentation materialsLeah Lakarosky 12/07/20 1.0 Review of financial analysisLeah Lakarosky 12/08/20 0.5 Call with K&E and A&M re: financial analysisLeah Lakarosky 12/08/20 0.5 Call with K&E re: taxLeah Lakarosky 12/08/20 0.5 Call with K&E re: taxLeah Lakarosky 12/08/20 1.0 Internal discussion re: financial analysisLeah Lakarosky 12/08/20 1.5 Preparation of analysis materialsLeah Lakarosky 12/08/20 0.5 Email correspondenceLeah Lakarosky 12/08/20 1.0 Financial analysisLeah Lakarosky 12/09/20 1.0 Internal discussion re: financial analysisLeah Lakarosky 12/09/20 0.5 Call with K&E and A&M re: financial analysisLeah Lakarosky 12/09/20 1.0 Call with creditor advisor re: term sheetLeah Lakarosky 12/09/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/09/20 3.0 Preparation of analysis materialsLeah Lakarosky 12/10/20 0.5 Call with management re: case workstreamsLeah Lakarosky 12/10/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/10/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/10/20 0.5 Call with management re: financial analysisLeah Lakarosky 12/10/20 1.0 Internal discussion re: financial analysisLeah Lakarosky 12/10/20 1.0 Call with K&E and A&M re: financial analysisLeah Lakarosky 12/10/20 0.5 Review of term sheetLeah Lakarosky 12/10/20 0.5 Internal call re: financial analysisLeah Lakarosky 12/10/20 1.0 Review of court filingLeah Lakarosky 12/10/20 1.0 Email correspondenceLeah Lakarosky 12/10/20 0.5 Call with creditor advisorLeah Lakarosky 12/10/20 0.5 Review of financial analysisLeah Lakarosky 12/10/20 1.5 Financial analysisLeah Lakarosky 12/11/20 0.5 Call with K&E and A&M re: processLeah Lakarosky 12/11/20 0.5 Call with K&E re: financial analysisLeah Lakarosky 12/11/20 0.5 Call with K&E re: taxLeah Lakarosky 12/11/20 0.5 Call with K&E re: financial analysisLeah Lakarosky 12/11/20 0.5 Email correspondenceLeah Lakarosky 12/11/20 1.0 Review of presentation materialsLeah Lakarosky 12/11/20 3.0 Financial analysisLeah Lakarosky 12/12/20 2.0 Internal discussion re: financial analysisLeah Lakarosky 12/12/20 1.0 Review of financial analysisLeah Lakarosky 12/13/20 1.0 Internal discussion re: financial analysisLeah Lakarosky 12/13/20 1.0 Call with Special Committee advisorsLeah Lakarosky 12/13/20 1.0 Call with K&E re: financial analysisLeah Lakarosky 12/14/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/14/20 0.5 Call with K&E and A&M re: processLeah Lakarosky 12/14/20 0.5 Internal call re: various mattersLeah Lakarosky 12/14/20 0.5 Call with company advisors re: financial analysisLeah Lakarosky 12/14/20 2.5 Review of presentation materialsLeah Lakarosky 12/14/20 2.0 Financial analysis

Page 12 of 25





Leah Lakarosky 12/14/20 1.0 Preparation of presentation materialsLeah Lakarosky 12/15/20 0.5 Call with management re: processLeah Lakarosky 12/15/20 1.0 Call with management re: financial analysisLeah Lakarosky 12/15/20 1.0 Call with creditor advisor re: term sheetLeah Lakarosky 12/15/20 0.5 Call with Special Committee advisorsLeah Lakarosky 12/15/20 1.0 Call with management re: processLeah Lakarosky 12/15/20 0.5 Call with creditor advisor re: processLeah Lakarosky 12/15/20 0.5 Call with creditor advisor re: term sheetLeah Lakarosky 12/15/20 1.5 Email correspondenceLeah Lakarosky 12/15/20 1.0 Financial analysisLeah Lakarosky 12/16/20 0.5 Call with K&E and A&M re: processLeah Lakarosky 12/16/20 0.5 Call with Special Committee advisorsLeah Lakarosky 12/16/20 0.5 Call with creditor advisor re: taxLeah Lakarosky 12/16/20 0.5 Call with management re: financial analysisLeah Lakarosky 12/16/20 0.5 Call with creditor advisor re: taxLeah Lakarosky 12/16/20 1.0 Preparation of presentation materialsLeah Lakarosky 12/16/20 1.0 Review of presentation materialsLeah Lakarosky 12/16/20 1.0 Email correspondenceLeah Lakarosky 12/16/20 0.5 Financial analysisLeah Lakarosky 12/16/20 0.5 Internal call re: analysisLeah Lakarosky 12/17/20 0.5 Call with management re: processLeah Lakarosky 12/17/20 1.0 Call with Special Committee advisorsLeah Lakarosky 12/17/20 1.0 Call with Special Committee advisorsLeah Lakarosky 12/17/20 0.5 Call with management re: term sheetLeah Lakarosky 12/17/20 1.0 Call with Special Committee advisorsLeah Lakarosky 12/17/20 0.5 Call with Special Committee advisorsLeah Lakarosky 12/17/20 1.0 Email correspondenceLeah Lakarosky 12/17/20 1.0 Financial analysisLeah Lakarosky 12/18/20 0.5 Call with K&E and A&M re: processLeah Lakarosky 12/18/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/18/20 0.5 Creditor diligence callLeah Lakarosky 12/18/20 0.5 Call with company advisors re: taxLeah Lakarosky 12/18/20 1.0 Call with creditor advisor re: term sheetLeah Lakarosky 12/18/20 0.5 Creditor diligence callLeah Lakarosky 12/18/20 0.5 Email correspondenceLeah Lakarosky 12/18/20 1.0 Review of financial analysisLeah Lakarosky 12/18/20 1.0 Review of presentation materialsLeah Lakarosky 12/19/20 0.5 Creditor diligence callLeah Lakarosky 12/19/20 0.5 Email correspondenceLeah Lakarosky 12/20/20 0.5 Call with K&E re: processLeah Lakarosky 12/20/20 1.0 Call with management re: processLeah Lakarosky 12/20/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/20/20 1.0 Internal discussion re: financial analysisLeah Lakarosky 12/21/20 0.5 Call with K&E and A&M re: processLeah Lakarosky 12/21/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/21/20 1.0 Court hearing

Page 13 of 25





Leah Lakarosky 12/21/20 0.5 Call with K&E re: term sheetLeah Lakarosky 12/21/20 0.5 Call with management re: term sheetLeah Lakarosky 12/21/20 0.5 Call with K&E re: processLeah Lakarosky 12/21/20 2.5 Review of term sheet materialsLeah Lakarosky 12/22/20 0.5 Call with K&E re: processLeah Lakarosky 12/22/20 0.5 Call with Special Committee advisorsLeah Lakarosky 12/22/20 0.5 Call with management re: financial analysisLeah Lakarosky 12/22/20 1.0 Call with creditor advisor re: term sheetLeah Lakarosky 12/22/20 1.0 Review of financial analysisLeah Lakarosky 12/22/20 0.5 Call with creditor advisorLeah Lakarosky 12/23/20 1.0 Email correspondenceLeah Lakarosky 12/23/20 0.5 Call with K&E and A&M re: processLeah Lakarosky 12/23/20 0.5 Call with creditor advisor re: term sheetLeah Lakarosky 12/23/20 0.5 Call with creditor advisor re: term sheetLeah Lakarosky 12/23/20 0.5 Call with creditor advisor re: term sheetLeah Lakarosky 12/23/20 0.5 Creditor diligence callLeah Lakarosky 12/23/20 0.5 Call with Special Committee advisorsLeah Lakarosky 12/23/20 0.5 Call with K&E re: processLeah Lakarosky 12/23/20 0.5 Call with management re: processLeah Lakarosky 12/23/20 0.5 Call with creditor advisor re: term sheetLeah Lakarosky 12/23/20 0.5 Diligence call with creditor advisorLeah Lakarosky 12/23/20 0.5 Call with K&E re: term sheetLeah Lakarosky 12/23/20 1.0 Review of term sheet materialsLeah Lakarosky 12/23/20 1.5 Review of presentation materialsLeah Lakarosky 12/24/20 0.5 Email correspondenceLeah Lakarosky 12/28/20 0.5 Call with K&E and A&M re: processLeah Lakarosky 12/28/20 0.5 Email correspondenceLeah Lakarosky 12/28/20 0.5 Review of presentation materialsLeah Lakarosky 12/29/20 0.5 PMO call with CompanyLeah Lakarosky 12/29/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/29/20 0.5 Internal discussion re: financial analysisLeah Lakarosky 12/29/20 1.0 Internal discussion re: financial analysisLeah Lakarosky 12/29/20 0.5 Call with A&M re: financial analysisLeah Lakarosky 12/29/20 1.0 Financial analysisLeah Lakarosky 12/29/20 0.5 Email correspondenceLeah Lakarosky 12/29/20 1.5 Preparation of presentation materialsLeah Lakarosky 12/30/20 0.5 Call with K&E and A&M re: processLeah Lakarosky 12/30/20 0.5 Creditor diligence callLeah Lakarosky 12/30/20 0.5 Email correspondenceLeah Lakarosky 12/31/20 0.5 Call with management re: processLeah Lakarosky 12/31/20 2.0 Call with Special Committee advisorsLeah Lakarosky 12/31/20 1.0 Financial analysis

142.5

Page 14 of 25





Mark Reynolds 12/01/20 0.5 Internal discussion re: financial analysisMark Reynolds 12/01/20 2.0 Financial analysisMark Reynolds 12/02/20 1.0 Internal discussion re: financial analysisMark Reynolds 12/03/20 0.5 Internal discussion re: financial analysisMark Reynolds 12/04/20 0.5 Internal discussion re: financial analysisMark Reynolds 12/04/20 2.0 Financial analysisMark Reynolds 12/07/20 1.0 Creditor diligence callMark Reynolds 12/07/20 0.5 Internal discussion re: financial analysisMark Reynolds 12/09/20 1.0 Internal discussion re: financial analysisMark Reynolds 12/09/20 0.5 Internal discussion re: financial analysisMark Reynolds 12/09/20 2.0 Financial analysisMark Reynolds 12/10/20 1.0 Internal discussion re: financial analysisMark Reynolds 12/10/20 1.0 Call with K&E and A&M re: financial analysisMark Reynolds 12/12/20 2.0 Internal discussion re: financial analysisMark Reynolds 12/12/20 2.0 Financial analysisMark Reynolds 12/13/20 1.0 Internal discussion re: financial analysisMark Reynolds 12/13/20 1.0 Call with K&E re: financial analysisMark Reynolds 12/13/20 2.0 Financial analysisMark Reynolds 12/16/20 0.5 Call with management re: financial analysisMark Reynolds 12/21/20 0.5 Internal discussion re: financial analysisMark Reynolds 12/21/20 2.0 Financial analysisMark Reynolds 12/22/20 0.5 Internal discussion re: financial analysisMark Reynolds 12/22/20 2.0 Financial analysisMark Reynolds 12/23/20 0.5 Internal discussion re: financial analysisMark Reynolds 12/23/20 2.0 Financial analysisMark Reynolds 12/24/20 2.0 Financial analysisMark Reynolds 12/26/20 2.0 Financial analysisMark Reynolds 12/27/20 2.0 Financial analysisMark Reynolds 12/28/20 2.0 Financial analysisMark Reynolds 12/29/20 0.5 Internal discussion re: financial analysisMark Reynolds 12/29/20 1.0 Internal discussion re: financial analysisMark Reynolds 12/29/20 0.5 Call with A&M re: financial analysisMark Reynolds 12/29/20 2.0 Financial analysis

41.5

Page 15 of 25





Meaghan Kelly 12/01/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/01/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/01/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/01/20 1.0 Tax discussion with creditor advisorMeaghan Kelly 12/01/20 1.0 Call with creditor advisor re: KEIPMeaghan Kelly 12/01/20 0.5 Email correspondenceMeaghan Kelly 12/01/20 4.5 Financial analysisMeaghan Kelly 12/01/20 0.5 Call with K&E re: restructuring planMeaghan Kelly 12/02/20 1.0 Creditor diligence callMeaghan Kelly 12/02/20 0.5 Call with K&E and A&M re: processMeaghan Kelly 12/02/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/02/20 1.5 Call with UCCMeaghan Kelly 12/02/20 0.5 Call with Special Committee advisorsMeaghan Kelly 12/02/20 0.5 Call with K&E and A&M re: business planMeaghan Kelly 12/02/20 0.5 Email correspondenceMeaghan Kelly 12/02/20 7.0 Financial analysisMeaghan Kelly 12/03/20 0.5 Call with management re: debt capacityMeaghan Kelly 12/03/20 0.5 Call with management re: case workstreamsMeaghan Kelly 12/03/20 0.5 Call with Special Committee advisorsMeaghan Kelly 12/03/20 0.5 Call with Special Committee advisorsMeaghan Kelly 12/03/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/03/20 1.0 Call with Special Committee advisorsMeaghan Kelly 12/03/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/03/20 0.5 Creditor diligence callMeaghan Kelly 12/03/20 1.0 SchedulingMeaghan Kelly 12/03/20 1.5 Creditor diligenceMeaghan Kelly 12/03/20 4.0 Financial analysisMeaghan Kelly 12/04/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/04/20 0.5 Call with management re: financial analysisMeaghan Kelly 12/04/20 0.5 Call with K&E and A&M re: processMeaghan Kelly 12/04/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/04/20 0.5 Creditor diligence callMeaghan Kelly 12/04/20 0.5 Call with Special Committee advisorsMeaghan Kelly 12/04/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/04/20 1.0 Call with management re: financial analysisMeaghan Kelly 12/04/20 5.5 Financial analysisMeaghan Kelly 12/05/20 1.0 Internal discussion re: financial analysisMeaghan Kelly 12/05/20 1.0 Call with creditor advisor re: term sheetMeaghan Kelly 12/05/20 0.5 Email correspondenceMeaghan Kelly 12/05/20 4.5 Financial analysisMeaghan Kelly 12/06/20 1.0 Email correspondenceMeaghan Kelly 12/06/20 3.0 Financial analysisMeaghan Kelly 12/07/20 0.5 Call with K&E and A&M re: processMeaghan Kelly 12/07/20 1.0 Creditor diligence callMeaghan Kelly 12/07/20 0.5 Call with management re: creditor diligenceMeaghan Kelly 12/07/20 1.0 Creditor diligence call

Page 16 of 25





Meaghan Kelly 12/07/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/07/20 0.5 Call with K&E and A&M re: creditor diligenceMeaghan Kelly 12/07/20 6.0 Financial analysisMeaghan Kelly 12/07/20 1.0 Email correspondenceMeaghan Kelly 12/08/20 0.5 Call with K&E and A&M re: financial analysisMeaghan Kelly 12/08/20 0.5 Call with K&E re: taxMeaghan Kelly 12/08/20 0.5 Call with K&E re: taxMeaghan Kelly 12/08/20 1.0 Internal discussion re: financial analysisMeaghan Kelly 12/08/20 1.0 Email correspondenceMeaghan Kelly 12/08/20 4.0 Financial analysisMeaghan Kelly 12/09/20 1.0 Internal discussion re: financial analysisMeaghan Kelly 12/09/20 0.5 Call with K&E and A&M re: financial analysisMeaghan Kelly 12/09/20 1.0 Call with creditor advisor re: term sheetMeaghan Kelly 12/09/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/09/20 0.5 Email correspondenceMeaghan Kelly 12/09/20 3.5 Financial analysisMeaghan Kelly 12/10/20 0.5 Call with management re: case workstreamsMeaghan Kelly 12/10/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/10/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/10/20 0.5 Call with management re: financial analysisMeaghan Kelly 12/10/20 1.0 Internal discussion re: financial analysisMeaghan Kelly 12/10/20 1.0 Call with K&E and A&M re: financial analysisMeaghan Kelly 12/10/20 0.5 Email correspondenceMeaghan Kelly 12/10/20 5.0 Financial analysisMeaghan Kelly 12/11/20 0.5 Call with K&E and A&M re: processMeaghan Kelly 12/11/20 0.5 Call with K&E re: financial analysisMeaghan Kelly 12/11/20 0.5 Call with K&E re: taxMeaghan Kelly 12/11/20 0.5 Call with K&E re: financial analysisMeaghan Kelly 12/11/20 1.0 Creditor diligenceMeaghan Kelly 12/12/20 2.0 Internal discussion re: financial analysisMeaghan Kelly 12/12/20 4.5 Financial analysisMeaghan Kelly 12/13/20 1.0 Internal discussion re: financial analysisMeaghan Kelly 12/13/20 1.0 Call with Special Committee advisorsMeaghan Kelly 12/13/20 1.0 Call with K&E re: financial analysisMeaghan Kelly 12/13/20 1.0 Email correspondenceMeaghan Kelly 12/13/20 5.0 Financial analysisMeaghan Kelly 12/14/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/14/20 0.5 Call with K&E and A&M re: processMeaghan Kelly 12/14/20 1.0 Creditor diligenceMeaghan Kelly 12/14/20 4.5 Financial analysisMeaghan Kelly 12/15/20 0.5 Call with management re: processMeaghan Kelly 12/15/20 1.0 Call with management re: financial analysisMeaghan Kelly 12/15/20 1.0 Call with creditor advisor re: term sheetMeaghan Kelly 12/15/20 0.5 Call with Special Committee advisorsMeaghan Kelly 12/15/20 1.0 Call with management re: processMeaghan Kelly 12/15/20 0.5 Call with creditor advisor re: process

Page 17 of 25





Meaghan Kelly 12/15/20 0.5 Call with creditor advisor re: term sheetMeaghan Kelly 12/15/20 1.0 Email correspondenceMeaghan Kelly 12/15/20 1.0 Financial analysisMeaghan Kelly 12/16/20 0.5 Call with K&E and A&M re: processMeaghan Kelly 12/16/20 0.5 Call with Special Committee advisorsMeaghan Kelly 12/16/20 0.5 Call with creditor advisor re: taxMeaghan Kelly 12/16/20 0.5 Call with management re: financial analysisMeaghan Kelly 12/16/20 0.5 Call with creditor advisor re: taxMeaghan Kelly 12/16/20 3.0 Financial analysisMeaghan Kelly 12/17/20 0.5 Call with management re: processMeaghan Kelly 12/17/20 1.0 Call with Special Committee advisorsMeaghan Kelly 12/17/20 1.0 Call with Special Committee advisorsMeaghan Kelly 12/17/20 1.0 Call with Special Committee advisorsMeaghan Kelly 12/17/20 0.5 Call with Special Committee advisorsMeaghan Kelly 12/17/20 0.5 Email correspondenceMeaghan Kelly 12/18/20 0.5 Call with K&E and A&M re: processMeaghan Kelly 12/18/20 1.0 Call with Special Committee advisorsMeaghan Kelly 12/18/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/18/20 0.5 Creditor diligence callMeaghan Kelly 12/18/20 1.0 Call with creditor advisor re: term sheetMeaghan Kelly 12/18/20 0.5 Creditor diligence callMeaghan Kelly 12/19/20 0.5 Creditor diligence callMeaghan Kelly 12/19/20 4.0 Financial analysisMeaghan Kelly 12/19/20 1.0 Email correspondenceMeaghan Kelly 12/20/20 0.5 Call with K&E re: processMeaghan Kelly 12/20/20 1.0 Call with management re: processMeaghan Kelly 12/20/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/20/20 1.0 Internal discussion re: financial analysisMeaghan Kelly 12/20/20 5.0 Financial analysisMeaghan Kelly 12/21/20 0.5 Call with K&E and A&M re: processMeaghan Kelly 12/21/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/21/20 1.0 Court hearingMeaghan Kelly 12/21/20 0.5 Call with management re: term sheetMeaghan Kelly 12/21/20 0.5 Call with K&E re: processMeaghan Kelly 12/21/20 1.0 Email correspondenceMeaghan Kelly 12/21/20 6.0 Financial analysisMeaghan Kelly 12/22/20 0.5 Call with K&E re: processMeaghan Kelly 12/22/20 0.5 Call with Special Committee advisorsMeaghan Kelly 12/22/20 0.5 Call with management re: financial analysisMeaghan Kelly 12/22/20 1.0 Call with creditor advisor re: term sheetMeaghan Kelly 12/22/20 1.0 Email correspondenceMeaghan Kelly 12/22/20 3.0 Financial analysisMeaghan Kelly 12/23/20 0.5 Call with K&E and A&M re: processMeaghan Kelly 12/23/20 0.5 Call with creditor advisor re: term sheetMeaghan Kelly 12/23/20 0.5 Call with creditor advisor re: term sheetMeaghan Kelly 12/23/20 0.5 Call with creditor advisor re: term sheet

Page 18 of 25





Meaghan Kelly 12/23/20 0.5 Creditor diligence callMeaghan Kelly 12/23/20 0.5 Call with Special Committee advisorsMeaghan Kelly 12/23/20 0.5 Call with K&E re: processMeaghan Kelly 12/23/20 0.5 Call with management re: processMeaghan Kelly 12/23/20 0.5 Call with creditor advisor re: term sheetMeaghan Kelly 12/23/20 0.5 Diligence call with creditor advisorMeaghan Kelly 12/23/20 1.0 Email correspondenceMeaghan Kelly 12/23/20 1.0 Financial analysisMeaghan Kelly 12/28/20 0.5 Call with K&E and A&M re: processMeaghan Kelly 12/28/20 0.5 PMO prep callMeaghan Kelly 12/28/20 3.0 Financial analysisMeaghan Kelly 12/29/20 0.5 PMO call with CompanyMeaghan Kelly 12/29/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/29/20 0.5 Internal discussion re: financial analysisMeaghan Kelly 12/29/20 1.0 Internal discussion re: financial analysisMeaghan Kelly 12/29/20 0.5 Call with A&M re: financial analysisMeaghan Kelly 12/29/20 1.0 Financial analysisMeaghan Kelly 12/30/20 0.5 Call with K&E and A&M re: processMeaghan Kelly 12/30/20 0.5 Creditor diligence callMeaghan Kelly 12/31/20 2.0 Call with Special Committee advisors

182.0

Page 19 of 25





Lou Colagreco 12/01/20 0.5 Internal discussion re: financial analysisLou Colagreco 12/02/20 1.0 Internal discussion re: financial analysisLou Colagreco 12/03/20 0.5 Internal discussion re: financial analysisLou Colagreco 12/04/20 0.5 Internal discussion re: financial analysisLou Colagreco 12/07/20 1.0 Creditor diligence callLou Colagreco 12/07/20 0.5 Internal discussion re: financial analysisLou Colagreco 12/09/20 1.0 Internal discussion re: financial analysisLou Colagreco 12/09/20 0.5 Internal discussion re: financial analysisLou Colagreco 12/10/20 1.0 Internal discussion re: financial analysisLou Colagreco 12/10/20 1.0 Call with K&E and A&M re: financial analysisLou Colagreco 12/12/20 2.0 Internal discussion re: financial analysisLou Colagreco 12/13/20 1.0 Internal discussion re: financial analysisLou Colagreco 12/13/20 1.0 Call with K&E re: financial analysisLou Colagreco 12/21/20 0.5 Internal discussion re: financial analysisLou Colagreco 12/29/20 0.5 Internal discussion re: financial analysisLou Colagreco 12/29/20 1.0 Internal discussion re: financial analysis

13.5

Page 20 of 25





Leslie Wang 12/01/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/01/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/01/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/01/20 1.0 Tax discussion with creditor advisorLeslie Wang 12/01/20 1.0 Call with creditor advisor re: KEIPLeslie Wang 12/01/20 0.5 Email correspondenceLeslie Wang 12/01/20 6.0 Financial analysisLeslie Wang 12/01/20 0.5 Call with K&E re: restructuring planLeslie Wang 12/02/20 1.0 Creditor diligence callLeslie Wang 12/02/20 0.5 Call with K&E and A&M re: processLeslie Wang 12/02/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/02/20 1.5 Call with UCCLeslie Wang 12/02/20 0.5 Special committee callLeslie Wang 12/02/20 0.5 Call with K&E and A&M re: business planLeslie Wang 12/02/20 1.0 Email correspondenceLeslie Wang 12/02/20 8.0 Financial analysisLeslie Wang 12/03/20 0.5 Call with management re: debt capacityLeslie Wang 12/03/20 0.5 Call with management re: case workstreamsLeslie Wang 12/03/20 0.5 Special committee callLeslie Wang 12/03/20 0.5 Special committee callLeslie Wang 12/03/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/03/20 1.0 Special committee callLeslie Wang 12/03/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/03/20 1.0 Email correspondenceLeslie Wang 12/03/20 6.0 Financial analysisLeslie Wang 12/04/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/04/20 0.5 Call with management re: financial analysisLeslie Wang 12/04/20 0.5 Call with K&E and A&M re: processLeslie Wang 12/04/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/04/20 0.5 Creditor diligence callLeslie Wang 12/04/20 0.5 Special committee callLeslie Wang 12/04/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/04/20 1.0 Call with management re: financial analysisLeslie Wang 12/04/20 6.0 Financial analysisLeslie Wang 12/04/20 1.0 Email correspondenceLeslie Wang 12/05/20 1.0 Internal discussion re: financial analysisLeslie Wang 12/05/20 1.0 Call with creditor advisor re: term sheetLeslie Wang 12/05/20 0.5 Email correspondenceLeslie Wang 12/05/20 5.0 Financial analysisLeslie Wang 12/06/20 0.5 Email correspondenceLeslie Wang 12/06/20 3.0 Financial analysisLeslie Wang 12/07/20 0.5 Call with K&E and A&M re: processLeslie Wang 12/07/20 1.0 Creditor diligence callLeslie Wang 12/07/20 0.5 Call with management re: creditor diligenceLeslie Wang 12/07/20 1.0 Creditor diligence callLeslie Wang 12/07/20 0.5 Internal discussion re: financial analysis

Page 21 of 25





Leslie Wang 12/07/20 0.5 Call with K&E and A&M re: creditor diligenceLeslie Wang 12/07/20 6.0 Financial analysisLeslie Wang 12/07/20 1.0 Email correspondenceLeslie Wang 12/07/20 1.0 SchedulingLeslie Wang 12/08/20 0.5 Call with K&E and A&M re: financial analysisLeslie Wang 12/08/20 0.5 Call with K&E re: taxLeslie Wang 12/08/20 0.5 Call with K&E re: taxLeslie Wang 12/08/20 1.0 Internal discussion re: financial analysisLeslie Wang 12/08/20 1.0 Email correspondenceLeslie Wang 12/08/20 6.0 Financial analysisLeslie Wang 12/09/20 1.0 Internal discussion re: financial analysisLeslie Wang 12/09/20 0.5 Call with K&E and A&M re: financial analysisLeslie Wang 12/09/20 1.0 Call with creditor advisor re: term sheetLeslie Wang 12/09/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/09/20 0.5 Email correspondenceLeslie Wang 12/09/20 6.0 Financial analysisLeslie Wang 12/10/20 0.5 Call with management re: case workstreamsLeslie Wang 12/10/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/10/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/10/20 0.5 Call with management re: financial analysisLeslie Wang 12/10/20 1.0 Internal discussion re: financial analysisLeslie Wang 12/10/20 1.0 Call with K&E and A&M re: financial analysisLeslie Wang 12/10/20 1.0 Email correspondenceLeslie Wang 12/10/20 6.0 Financial analysisLeslie Wang 12/11/20 0.5 Call with K&E and A&M re: processLeslie Wang 12/11/20 0.5 Call with K&E re: financial analysisLeslie Wang 12/11/20 0.5 Call with K&E re: taxLeslie Wang 12/11/20 0.5 Call with K&E re: financial analysisLeslie Wang 12/12/20 2.0 Internal discussion re: financial analysisLeslie Wang 12/12/20 4.0 Financial analysisLeslie Wang 12/13/20 1.0 Internal discussion re: financial analysisLeslie Wang 12/13/20 1.0 Special committee callLeslie Wang 12/13/20 1.0 Call with K&E re: financial analysisLeslie Wang 12/13/20 1.0 Email correspondenceLeslie Wang 12/13/20 5.0 Financial analysisLeslie Wang 12/14/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/14/20 0.5 Call with K&E and A&M re: processLeslie Wang 12/14/20 5.0 Financial analysisLeslie Wang 12/15/20 0.5 Call with management re: processLeslie Wang 12/15/20 1.0 Call with management re: financial analysisLeslie Wang 12/15/20 1.0 Call with creditor advisor re: term sheetLeslie Wang 12/15/20 0.5 Special committee callLeslie Wang 12/15/20 1.0 Call with management re: processLeslie Wang 12/15/20 0.5 Call with creditor advisor re: processLeslie Wang 12/15/20 0.5 Call with creditor advisor re: term sheetLeslie Wang 12/15/20 1.0 Email correspondence

Page 22 of 25





Leslie Wang 12/15/20 3.0 Financial analysisLeslie Wang 12/16/20 0.5 Call with K&E and A&M re: processLeslie Wang 12/16/20 0.5 Special committee callLeslie Wang 12/16/20 0.5 Call with creditor advisor re: taxLeslie Wang 12/16/20 0.5 Call with management re: financial analysisLeslie Wang 12/16/20 0.5 Call with creditor advisor re: taxLeslie Wang 12/16/20 1.5 Email correspondenceLeslie Wang 12/16/20 3.0 Financial analysisLeslie Wang 12/17/20 0.5 Call with management re: processLeslie Wang 12/17/20 1.0 Special committee callLeslie Wang 12/17/20 1.0 Special committee callLeslie Wang 12/17/20 1.0 Special committee callLeslie Wang 12/17/20 0.5 Special committee callLeslie Wang 12/17/20 1.5 Email correspondenceLeslie Wang 12/18/20 0.5 Call with K&E and A&M re: processLeslie Wang 12/18/20 1.0 Special committee callLeslie Wang 12/18/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/18/20 0.5 Creditor diligence callLeslie Wang 12/18/20 1.0 Call with creditor advisor re: term sheetLeslie Wang 12/18/20 0.5 Creditor diligence callLeslie Wang 12/18/20 5.0 Financial analysisLeslie Wang 12/19/20 0.5 Creditor diligence callLeslie Wang 12/19/20 2.0 Financial analysisLeslie Wang 12/19/20 1.0 Email correspondenceLeslie Wang 12/20/20 0.5 Call with K&E re: processLeslie Wang 12/20/20 1.0 Call with management re: processLeslie Wang 12/20/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/20/20 1.0 Internal discussion re: financial analysisLeslie Wang 12/20/20 5.0 Financial analysisLeslie Wang 12/21/20 0.5 Call with K&E and A&M re: processLeslie Wang 12/21/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/21/20 1.0 Court hearingLeslie Wang 12/21/20 0.5 Call with management re: term sheetLeslie Wang 12/21/20 0.5 Call with K&E re: processLeslie Wang 12/21/20 1.0 Email correspondenceLeslie Wang 12/21/20 7.0 Financial analysisLeslie Wang 12/22/20 0.5 Call with K&E re: processLeslie Wang 12/22/20 0.5 Special committee callLeslie Wang 12/22/20 0.5 Call with management re: financial analysisLeslie Wang 12/22/20 1.0 Call with creditor advisor re: term sheetLeslie Wang 12/22/20 1.0 Email correspondenceLeslie Wang 12/22/20 5.0 Financial analysisLeslie Wang 12/23/20 0.5 Call with K&E and A&M re: processLeslie Wang 12/23/20 0.5 Call with creditor advisor re: term sheetLeslie Wang 12/23/20 0.5 Call with creditor advisor re: term sheetLeslie Wang 12/23/20 0.5 Call with creditor advisor re: term sheet

Page 23 of 25





Leslie Wang 12/23/20 0.5 Creditor diligence callLeslie Wang 12/23/20 0.5 Special committee callLeslie Wang 12/23/20 0.5 Call with K&E re: processLeslie Wang 12/23/20 0.5 Call with management re: processLeslie Wang 12/23/20 0.5 Call with creditor advisor re: term sheetLeslie Wang 12/23/20 0.5 Diligence call with creditor advisorLeslie Wang 12/28/20 0.5 Call with K&E and A&M re: processLeslie Wang 12/28/20 0.5 PMO prep callLeslie Wang 12/28/20 4.0 Financial analysisLeslie Wang 12/29/20 0.5 PMO call with CompanyLeslie Wang 12/29/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/29/20 0.5 Internal discussion re: financial analysisLeslie Wang 12/29/20 1.0 Internal discussion re: financial analysisLeslie Wang 12/29/20 0.5 Call with A&M re: financial analysisLeslie Wang 12/29/20 2.0 Financial analysisLeslie Wang 12/30/20 0.5 Call with K&E and A&M re: processLeslie Wang 12/30/20 0.5 Creditor diligence callLeslie Wang 12/31/20 2.0 Special committee call

202.0

Page 24 of 25





Andrew Karchmer 12/01/20 0.5 Internal discussion re: financial analysisAndrew Karchmer 12/01/20 6.0 Financial analysisAndrew Karchmer 12/02/20 1.0 Internal discussion re: financial analysisAndrew Karchmer 12/03/20 0.5 Internal discussion re: financial analysisAndrew Karchmer 12/04/20 0.5 Internal discussion re: financial analysisAndrew Karchmer 12/04/20 4.0 Financial analysisAndrew Karchmer 12/07/20 1.0 Creditor diligence callAndrew Karchmer 12/07/20 0.5 Internal discussion re: financial analysisAndrew Karchmer 12/09/20 1.0 Internal discussion re: financial analysisAndrew Karchmer 12/09/20 0.5 Internal discussion re: financial analysisAndrew Karchmer 12/09/20 2.0 Financial analysisAndrew Karchmer 12/10/20 1.0 Internal discussion re: financial analysisAndrew Karchmer 12/10/20 1.0 Call with K&E and A&M re: financial analysisAndrew Karchmer 12/12/20 2.0 Internal discussion re: financial analysisAndrew Karchmer 12/12/20 2.0 Financial analysisAndrew Karchmer 12/13/20 1.0 Internal discussion re: financial analysisAndrew Karchmer 12/13/20 1.0 Call with K&E re: financial analysisAndrew Karchmer 12/13/20 4.0 Financial analysisAndrew Karchmer 12/21/20 0.5 Internal discussion re: financial analysisAndrew Karchmer 12/21/20 2.0 Financial analysisAndrew Karchmer 12/22/20 0.5 Internal discussion re: financial analysisAndrew Karchmer 12/22/20 2.0 Financial analysisAndrew Karchmer 12/23/20 0.5 Internal discussion re: financial analysisAndrew Karchmer 12/23/20 4.0 Financial analysisAndrew Karchmer 12/24/20 2.0 Financial analysisAndrew Karchmer 12/26/20 2.0 Financial analysisAndrew Karchmer 12/27/20 4.0 Financial analysisAndrew Karchmer 12/28/20 2.0 Financial analysisAndrew Karchmer 12/29/20 0.5 Internal discussion re: financial analysisAndrew Karchmer 12/29/20 1.0 Internal discussion re: financial analysisAndrew Karchmer 12/29/20 2.0 Financial analysis

52.5

Page 25 of 25



JANUARY 1, 2021 THROUGH JANUARY 31, 2021


Steve Zelin 45.5

James Murray 4.0

Jessica Kearns 0.5

John Trousdale Partner 0.5








Tony Yin Associate 3.5



Total Hours 714.0

Partner

Partner

Partner





Steve Zelin 01/03/21 0.5 Call with creditor advisorSteve Zelin 01/06/21 0.5 Call with K&E re: proposalsSteve Zelin 01/07/21 1.0 Review of analysisSteve Zelin 01/07/21 0.5 Update call with management and company advisorsSteve Zelin 01/08/21 0.5 Call with creditor advisorSteve Zelin 01/08/21 0.5 Call with K&E re: processSteve Zelin 01/08/21 1.0 Internal call re: financial analysisSteve Zelin 01/08/21 0.5 Call with K&E and A&M re: case workstreamsSteve Zelin 01/11/21 1.5 Internal call re: financial analysisSteve Zelin 01/11/21 0.5 Update call with management and company advisorsSteve Zelin 01/12/21 0.5 Update call with management and company advisorsSteve Zelin 01/12/21 0.5 Call with special committee advisorsSteve Zelin 01/12/21 0.5 Internal call re: board materialsSteve Zelin 01/12/21 0.5 Call with creditor advisors re: term sheetSteve Zelin 01/12/21 1.0 Calls with K&E re: financial analysis and processSteve Zelin 01/12/21 1.0 Calls with special committee advisorsSteve Zelin 01/12/21 0.5 Review of board materialsSteve Zelin 01/13/21 1.0 Review of board materialsSteve Zelin 01/13/21 0.5 Call with K&E and A&M re: case workstreamsSteve Zelin 01/13/21 1.0 Calls with special committee advisorsSteve Zelin 01/13/21 0.5 Call with K&E re: financial analysis and processSteve Zelin 01/13/21 0.5 Internal call re: board materialsSteve Zelin 01/13/21 1.0 Internal call re: financial analysisSteve Zelin 01/13/21 0.5 Call with company re: board materialsSteve Zelin 01/14/21 0.5 Prep for board meetingSteve Zelin 01/14/21 1.0 Board meetingSteve Zelin 01/14/21 0.5 Update call with management and company advisorsSteve Zelin 01/14/21 0.5 Internal call re: processSteve Zelin 01/17/21 0.5 Call with creditor advisorSteve Zelin 01/18/21 0.5 Review of term sheetSteve Zelin 01/18/21 0.5 Call with K&E and A&M re: case workstreamsSteve Zelin 01/18/21 0.5 Call with K&E re: term sheetSteve Zelin 01/19/21 0.5 Call with management and company advisors re: term sheetsSteve Zelin 01/19/21 0.5 Call with K&E re: term sheetSteve Zelin 01/20/21 0.5 Call with K&E re: strategic adviceSteve Zelin 01/21/21 0.5 Update call with management and company advisorsSteve Zelin 01/21/21 0.5 Creditor diligence call with management and advisors

Page 2 of 31





Steve Zelin 01/21/21 0.5 Call with creditor advisorSteve Zelin 01/22/21 0.5 Internal call re: financial analysisSteve Zelin 01/22/21 0.5 Call with K&E re: processSteve Zelin 01/22/21 0.5 Internal call re: proposalsSteve Zelin 01/23/21 1.0 Call with K&E re: processSteve Zelin 01/25/21 0.5 Call with K&E re: processSteve Zelin 01/25/21 0.5 Call with K&E and A&M re: case workstreamsSteve Zelin 01/25/21 0.5 Call with creditor advisorSteve Zelin 01/25/21 0.5 Call with management re: financial analysisSteve Zelin 01/25/21 0.5 Call with creditorSteve Zelin 01/25/21 0.5 Call with K&E re: processSteve Zelin 01/26/21 0.5 Call with K&E re: processSteve Zelin 01/26/21 1.0 Update call with management and company advisorsSteve Zelin 01/26/21 1.0 Call with management re: financial analysisSteve Zelin 01/26/21 0.5 Call with special committee advisors re: financial analysisSteve Zelin 01/26/21 0.5 Internal call re: financial analysisSteve Zelin 01/26/21 0.5 Call with special committee advisors re: financial analysisSteve Zelin 01/27/21 0.5 Review of financial analysisSteve Zelin 01/27/21 1.0 Update call with management and company advisorsSteve Zelin 01/27/21 1.0 Calls with creditors and advisorsSteve Zelin 01/27/21 0.5 Internal call re: financial analysisSteve Zelin 01/27/21 0.5 Call with creditor advisors re: term sheetSteve Zelin 01/28/21 1.0 Update call with management and company advisorsSteve Zelin 01/28/21 1.0 Call with creditor advisors re: term sheetSteve Zelin 01/28/21 1.5 Calls with creditors and advisorsSteve Zelin 01/28/21 0.5 Prep for board meetingSteve Zelin 01/28/21 1.0 Board meetingSteve Zelin 01/28/21 1.0 Internal calls re: financial analysisSteve Zelin 01/28/21 0.5 Review of financial analysisSteve Zelin 01/29/21 0.5 Internal discussion re: financial analysisSteve Zelin 01/29/21 0.5 Call with K&E and A&M re: case workstreamsSteve Zelin 01/29/21 1.0 Call with creditors and advisors re: term sheet

45.5

Page 3 of 31





James Murray 01/13/21 0.5 Internal call re: financial analysisJames Murray 01/14/21 0.5 Prep for board meetingJames Murray 01/14/21 1.0 Board meetingJames Murray 01/18/21 0.5 Call with company re: strategic adviceJames Murray 01/20/21 0.5 Call with K&E re: strategic adviceJames Murray 01/20/21 0.5 Review of analysisJames Murray 01/29/21 0.5 Internal call re: strategic advice

4.0

Page 4 of 31





Jessica Kearns 01/19/21 0.5 Call with bank re: financing0.5

Page 5 of 31





John Trousdale 01/29/21 0.5 Internal call re: strategic advice0.5

Page 6 of 31





Paul Sheaffer 01/02/21 0.5 Call with creditor advisor Paul Sheaffer 01/03/21 0.5 Call with K&E and A&M re: financial analysisPaul Sheaffer 01/04/21 0.5 Call with K&E and A&M re: case workstreamsPaul Sheaffer 01/04/21 0.5 Internal call re: analysis workstreamsPaul Sheaffer 01/05/21 1.0 Internal call re: analysis workstreamsPaul Sheaffer 01/05/21 1.0 Call with creditor advisors re: taxPaul Sheaffer 01/05/21 2.0 Call with K&E re: financial analysisPaul Sheaffer 01/05/21 0.5 Internal call re: financial analysisPaul Sheaffer 01/05/21 0.5 Call with company and advisors re: court filingsPaul Sheaffer 01/05/21 0.5 Call with special committee advisorPaul Sheaffer 01/05/21 0.5 Review of presentation materialsPaul Sheaffer 01/06/21 0.5 Call with K&E re: proposalsPaul Sheaffer 01/06/21 0.5 Call with K&E and A&M re: case workstreamsPaul Sheaffer 01/06/21 0.5 Internal call re: analysis workstreamsPaul Sheaffer 01/06/21 0.5 Call with creditor advisorsPaul Sheaffer 01/06/21 0.5 Call with creditor advisorPaul Sheaffer 01/06/21 1.0 Internal call re: financial analysisPaul Sheaffer 01/06/21 0.5 Internal call re: processPaul Sheaffer 01/06/21 0.5 Review of presentation materialsPaul Sheaffer 01/07/21 0.5 Update call with management and company advisorsPaul Sheaffer 01/07/21 0.5 Court hearingPaul Sheaffer 01/07/21 0.5 Call with K&E re: financial analysisPaul Sheaffer 01/07/21 0.5 Review of presentation materialsPaul Sheaffer 01/08/21 0.5 Call with K&E re: processPaul Sheaffer 01/08/21 1.0 Internal call re: financial analysisPaul Sheaffer 01/08/21 0.5 Call with K&E and A&M re: case workstreamsPaul Sheaffer 01/08/21 1.0 Call with special committee advisorPaul Sheaffer 01/08/21 0.5 Call with special committee advisorsPaul Sheaffer 01/08/21 0.5 Review of presentation materialsPaul Sheaffer 01/09/21 0.5 Call with creditor advisors re: term sheetPaul Sheaffer 01/09/21 0.5 Call with K&E and A&M re: financial analysisPaul Sheaffer 01/09/21 0.5 Review of presentation materialsPaul Sheaffer 01/10/21 1.0 Call with special committee advisor re: financial analysisPaul Sheaffer 01/10/21 1.0 Call with special committee advisor re: financial analysisPaul Sheaffer 01/11/21 0.5 Call with K&E and A&M re: case workstreamsPaul Sheaffer 01/11/21 1.5 Internal call re: financial analysisPaul Sheaffer 01/11/21 0.5 Update call with management and company advisors

Page 7 of 31





Paul Sheaffer 01/11/21 0.5 Internal discussion re: financial analysisPaul Sheaffer 01/11/21 0.5 Review of presentation materialsPaul Sheaffer 01/12/21 0.5 Update call with management and company advisorsPaul Sheaffer 01/12/21 0.5 Call with special committee advisorsPaul Sheaffer 01/12/21 0.5 Internal call re: board materialsPaul Sheaffer 01/12/21 0.5 Call with creditor advisors re: term sheetPaul Sheaffer 01/12/21 1.0 Calls with K&E re: financial analysis and processPaul Sheaffer 01/12/21 1.0 Calls with special committee advisorsPaul Sheaffer 01/12/21 0.5 Call with company re: strategic advicePaul Sheaffer 01/12/21 0.5 Internal call re: board materialsPaul Sheaffer 01/13/21 0.5 Call with K&E and A&M re: case workstreamsPaul Sheaffer 01/13/21 1.0 Calls with special committee advisorsPaul Sheaffer 01/13/21 1.5 Calls with K&E re: financial analysis and processPaul Sheaffer 01/13/21 0.5 Internal call re: board materialsPaul Sheaffer 01/13/21 1.0 Internal call re: financial analysisPaul Sheaffer 01/13/21 0.5 Internal call re: financial analysisPaul Sheaffer 01/13/21 0.5 Call with company re: board materialsPaul Sheaffer 01/13/21 0.5 Review of presentation materialsPaul Sheaffer 01/14/21 0.5 Update call with management and company advisorsPaul Sheaffer 01/14/21 0.5 Internal call re: processPaul Sheaffer 01/14/21 0.5 Review of court documentsPaul Sheaffer 01/14/21 1.0 Review of financial analysisPaul Sheaffer 01/15/21 0.5 Call with K&E and A&M re: case workstreamsPaul Sheaffer 01/15/21 0.5 Call with special committee advisorPaul Sheaffer 01/15/21 0.5 Call with special committee advisorPaul Sheaffer 01/15/21 0.5 Call with special committee advisorPaul Sheaffer 01/18/21 0.5 Call with K&E and A&M re: case workstreamsPaul Sheaffer 01/19/21 0.5 Call with management and company advisors re: term sheetsPaul Sheaffer 01/19/21 0.5 Call with bank re: financingPaul Sheaffer 01/19/21 0.5 Internal catch-up on analysis/processPaul Sheaffer 01/19/21 0.5 Call with K&E re: term sheetPaul Sheaffer 01/19/21 0.5 Call with K&E re: term sheetPaul Sheaffer 01/20/21 0.5 Call with creditor advisors re: proposalPaul Sheaffer 01/20/21 0.5 Call with K&E re: strategic advicePaul Sheaffer 01/20/21 0.5 Internal call re: processPaul Sheaffer 01/20/21 0.5 Review of financial analysisPaul Sheaffer 01/21/21 0.5 Update call with management and company advisors

Page 8 of 31





Paul Sheaffer 01/21/21 0.5 Creditor diligence call with management and advisorsPaul Sheaffer 01/21/21 0.5 Review of financial analysisPaul Sheaffer 01/22/21 0.5 Internal call re: financial analysisPaul Sheaffer 01/22/21 0.5 Call with K&E re: processPaul Sheaffer 01/22/21 0.5 Internal call re: proposalsPaul Sheaffer 01/22/21 0.5 Internal call re: financial analysisPaul Sheaffer 01/22/21 0.5 Call with K&E re: processPaul Sheaffer 01/22/21 0.5 Review of financial analysisPaul Sheaffer 01/23/21 0.5 Review of financial analysisPaul Sheaffer 01/24/21 0.5 Internal call re: various workstreamsPaul Sheaffer 01/24/21 0.5 Call with creditor advisorPaul Sheaffer 01/25/21 0.5 Call with K&E re: processPaul Sheaffer 01/25/21 0.5 Call with K&E and A&M re: case workstreamsPaul Sheaffer 01/25/21 0.5 Call with management re: financial analysisPaul Sheaffer 01/25/21 0.5 Call with management re: financial analysisPaul Sheaffer 01/25/21 0.5 Review of financial analysisPaul Sheaffer 01/25/21 0.5 Review of filing documentsPaul Sheaffer 01/26/21 0.5 Call with K&E re: processPaul Sheaffer 01/26/21 1.0 Update call with management and company advisorsPaul Sheaffer 01/26/21 0.5 Call with K&E re: processPaul Sheaffer 01/26/21 1.0 Call with counsel re: processPaul Sheaffer 01/26/21 0.5 Call with creditor advisors and counselPaul Sheaffer 01/26/21 1.0 Call with management re: financial analysisPaul Sheaffer 01/26/21 0.5 Call with special committee advisors re: financial analysisPaul Sheaffer 01/26/21 0.5 Internal call re: financial analysisPaul Sheaffer 01/26/21 0.5 Call with K&E re: processPaul Sheaffer 01/26/21 0.5 Review of financial analysisPaul Sheaffer 01/27/21 1.0 Update call with management and company advisorsPaul Sheaffer 01/27/21 1.0 Call with K&E re: term sheetPaul Sheaffer 01/27/21 0.5 Call with creditor advisors re: term sheetPaul Sheaffer 01/27/21 0.5 Review of financial analysisPaul Sheaffer 01/27/21 1.0 Update call with management and company advisorsPaul Sheaffer 01/28/21 1.0 Call with creditor advisors re: term sheetPaul Sheaffer 01/28/21 0.5 Call with creditor advisors re: financial analysisPaul Sheaffer 01/28/21 1.0 Board meetingPaul Sheaffer 01/28/21 0.5 Internal discussion re: financial analysisPaul Sheaffer 01/28/21 0.5 Call with creditor advisors re: term sheet

Page 9 of 31





Paul Sheaffer 01/28/21 0.5 Review of financial analysisPaul Sheaffer 01/29/21 0.5 Internal discussion re: financial analysisPaul Sheaffer 01/29/21 0.5 Call with K&E and A&M re: case workstreamsPaul Sheaffer 01/29/21 1.0 Call with creditors and advisors re: term sheetPaul Sheaffer 01/29/21 0.5 Internal call re: strategic advicePaul Sheaffer 01/29/21 0.5 Review of financial analysis

72.5

Page 10 of 31





Justin Costello 01/19/21 0.5 Call with bank re: financing0.5

Page 11 of 31





Joseph Terry 01/05/21 1.0 Call with K&E re: financial analysisJoseph Terry 01/05/21 0.5 Internal call re: financial analysisJoseph Terry 01/06/21 1.0 Internal call re: financial analysisJoseph Terry 01/07/21 0.5 Internal call re: financial analysisJoseph Terry 01/08/21 1.0 Internal call re: financial analysisJoseph Terry 01/08/21 0.5 Call with special committee advisorsJoseph Terry 01/10/21 1.0 Call with special committee advisor re: financial analysisJoseph Terry 01/10/21 1.0 Call with special committee advisor re: financial analysisJoseph Terry 01/11/21 1.5 Internal call re: financial analysisJoseph Terry 01/12/21 0.5 Call with company re: strategic adviceJoseph Terry 01/12/21 0.5 Internal call re: strategic adviceJoseph Terry 01/13/21 0.5 Internal call re: strategic adviceJoseph Terry 01/13/21 0.5 Internal call re: financial analysisJoseph Terry 01/13/21 1.0 Internal call re: financial analysisJoseph Terry 01/13/21 0.5 Internal call re: financial analysisJoseph Terry 01/13/21 0.5 Call with company re: board materialsJoseph Terry 01/13/21 0.5 Internal call re: financial analysisJoseph Terry 01/16/21 0.5 Internal call re: strategic adviceJoseph Terry 01/17/21 0.5 Call with company re: strategic adviceJoseph Terry 01/18/21 0.5 Call with company re: strategic adviceJoseph Terry 01/18/21 1.0 Call with company re: strategic adviceJoseph Terry 01/19/21 0.5 Internal call re: processJoseph Terry 01/20/21 0.5 Internal call re: processJoseph Terry 01/20/21 0.5 Call with K&E re: strategic adviceJoseph Terry 01/20/21 1.0 Review of analysisJoseph Terry 01/21/21 0.5 Call with company re: strategic adviceJoseph Terry 01/21/21 0.5 Internal call re: financial analysisJoseph Terry 01/21/21 0.5 Creditor diligence call with management and advisorsJoseph Terry 01/22/21 0.5 Internal call re: financial analysisJoseph Terry 01/22/21 0.5 Internal call re: financial analysisJoseph Terry 01/25/21 1.0 Call with company re: strategic adviceJoseph Terry 01/26/21 0.5 Call with special committee advisors re: financial analysisJoseph Terry 01/26/21 0.5 Internal call re: financial analysisJoseph Terry 01/27/21 0.5 Internal call re: financial analysisJoseph Terry 01/27/21 0.5 Call with company re: strategic adviceJoseph Terry 01/28/21 0.5 Call with company re: strategic adviceJoseph Terry 01/28/21 0.5 Call with company re: strategic advice

Page 12 of 31





Joseph Terry 01/29/21 0.5 Call with K&E and A&M re: case workstreamsJoseph Terry 01/29/21 0.5 Internal call re: strategic advice

25.0

Page 13 of 31





Leah Lakarosky 01/02/21 0.5 Email correspondenceLeah Lakarosky 01/03/21 0.5 Call with K&E and A&M re: financial analysisLeah Lakarosky 01/04/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 01/04/21 0.5 Internal call re: analysis workstreamsLeah Lakarosky 01/04/21 2.0 Preparation and review of financial analysisLeah Lakarosky 01/05/21 1.0 Internal call re: analysis workstreamsLeah Lakarosky 01/05/21 1.0 Call with creditor advisors re: taxLeah Lakarosky 01/05/21 1.0 Call with K&E re: financial analysisLeah Lakarosky 01/05/21 0.5 Internal call re: financial analysisLeah Lakarosky 01/05/21 0.5 Call with company and advisors re: court filingsLeah Lakarosky 01/05/21 0.5 Call with special committee advisorLeah Lakarosky 01/05/21 2.5 Preparation and review of financial analysisLeah Lakarosky 01/05/21 1.0 Review of filing documentsLeah Lakarosky 01/06/21 0.5 Call with K&E re: proposalsLeah Lakarosky 01/06/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 01/06/21 0.5 Internal call re: analysis workstreamsLeah Lakarosky 01/06/21 0.5 Call with creditor advisorsLeah Lakarosky 01/06/21 0.5 Call with K&E re: financial analysisLeah Lakarosky 01/06/21 0.5 Call with creditor advisorLeah Lakarosky 01/06/21 1.0 Internal call re: financial analysisLeah Lakarosky 01/06/21 0.5 Call with A&M re: financial analysisLeah Lakarosky 01/06/21 0.5 Internal call re: processLeah Lakarosky 01/06/21 0.5 Review of presentation materialsLeah Lakarosky 01/06/21 2.0 Preparation and review of financial analysisLeah Lakarosky 01/07/21 0.5 Update call with management and company advisorsLeah Lakarosky 01/07/21 0.5 Court hearingLeah Lakarosky 01/07/21 0.5 Call with K&E re: financial analysisLeah Lakarosky 01/07/21 0.5 Email correspondenceLeah Lakarosky 01/07/21 1.5 Preparation and review of financial analysisLeah Lakarosky 01/08/21 0.5 Call with K&E re: processLeah Lakarosky 01/08/21 1.0 Internal call re: financial analysisLeah Lakarosky 01/08/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 01/08/21 1.0 Call with company and advisors re: financial analysisLeah Lakarosky 01/08/21 1.0 Call with special committee advisorLeah Lakarosky 01/08/21 0.5 Call with special committee advisorsLeah Lakarosky 01/08/21 2.0 Preparation and review of financial analysisLeah Lakarosky 01/08/21 0.5 Creditor diligence

Page 14 of 31





Leah Lakarosky 01/08/21 0.5 Email correspondenceLeah Lakarosky 01/09/21 1.0 Call with A&M re: financial analysisLeah Lakarosky 01/09/21 0.5 Call with creditor advisors re: term sheetLeah Lakarosky 01/09/21 1.0 Call with company and advisors re: financial analysisLeah Lakarosky 01/09/21 0.5 Call with K&E and A&M re: financial analysisLeah Lakarosky 01/09/21 3.5 Preparation and review of financial analysisLeah Lakarosky 01/10/21 1.0 Call with special committee advisor re: financial analysisLeah Lakarosky 01/10/21 1.0 Call with special committee advisor re: financial analysisLeah Lakarosky 01/10/21 0.5 Call with A&M re: financial analysisLeah Lakarosky 01/10/21 0.5 Review of financial analysisLeah Lakarosky 01/11/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 01/11/21 0.5 Prep for internal callLeah Lakarosky 01/11/21 1.5 Internal call re: financial analysisLeah Lakarosky 01/11/21 0.5 Update call with management and company advisorsLeah Lakarosky 01/11/21 0.5 Advisors PMO callLeah Lakarosky 01/11/21 0.5 Internal discussion re: financial analysisLeah Lakarosky 01/11/21 2.5 Preparation and review of financial analysisLeah Lakarosky 01/12/21 0.5 Update call with management and company advisorsLeah Lakarosky 01/12/21 0.5 Call with special committee advisorsLeah Lakarosky 01/12/21 0.5 Call with A&M re: financial analysisLeah Lakarosky 01/12/21 0.5 Internal call re: board materialsLeah Lakarosky 01/12/21 0.5 Call with creditor advisors re: term sheetLeah Lakarosky 01/12/21 1.0 Calls with K&E re: financial analysis and processLeah Lakarosky 01/12/21 1.0 Calls with special committee advisorsLeah Lakarosky 01/12/21 0.5 Call with company re: strategic adviceLeah Lakarosky 01/12/21 0.5 Internal call re: board materialsLeah Lakarosky 01/12/21 3.0 Preparation of board materialsLeah Lakarosky 01/13/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 01/13/21 1.0 Calls with special committee advisorsLeah Lakarosky 01/13/21 1.5 Calls with K&E re: financial analysis and processLeah Lakarosky 01/13/21 0.5 Internal call re: financial analysisLeah Lakarosky 01/13/21 0.5 Internal call re: board materialsLeah Lakarosky 01/13/21 0.5 Internal call re: financial analysisLeah Lakarosky 01/13/21 1.0 Preparation of board materialsLeah Lakarosky 01/13/21 1.0 Internal call re: financial analysisLeah Lakarosky 01/13/21 0.5 Internal call re: financial analysisLeah Lakarosky 01/13/21 0.5 Internal call re: financial analysis

Page 15 of 31





Leah Lakarosky 01/13/21 0.5 Call with company re: board materialsLeah Lakarosky 01/13/21 1.5 Preparation and review of financial analysisLeah Lakarosky 01/14/21 0.5 Update call with management and company advisorsLeah Lakarosky 01/14/21 0.5 Internal call re: processLeah Lakarosky 01/14/21 0.5 Review of court documentsLeah Lakarosky 01/14/21 1.0 Review of financial analysisLeah Lakarosky 01/15/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 01/15/21 1.0 Call with company and advisors re: accounting analysisLeah Lakarosky 01/15/21 0.5 Call with special committee advisorLeah Lakarosky 01/15/21 0.5 Call with special committee advisorLeah Lakarosky 01/15/21 0.5 Call with company re: financial analysisLeah Lakarosky 01/15/21 0.5 Call with special committee advisorLeah Lakarosky 01/15/21 0.5 Special committee advisor diligenceLeah Lakarosky 01/18/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 01/19/21 0.5 Call with management and company advisors re: term sheetsLeah Lakarosky 01/19/21 0.5 Call with bank re: financingLeah Lakarosky 01/19/21 0.5 Internal call re: processLeah Lakarosky 01/19/21 0.5 Internal catch-up on analysis/processLeah Lakarosky 01/19/21 0.5 Review of DIP analysisLeah Lakarosky 01/19/21 1.0 Call with management and company advisors re: proposal analysisLeah Lakarosky 01/19/21 0.5 Call with K&E re: term sheetLeah Lakarosky 01/19/21 0.5 Call with K&E re: term sheetLeah Lakarosky 01/20/21 0.5 Call with K&E re: term sheetLeah Lakarosky 01/20/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 01/20/21 0.5 Call with A&M re: financial analysisLeah Lakarosky 01/20/21 0.5 Call with creditor advisors re: proposalLeah Lakarosky 01/20/21 0.5 Call with company and advisors re: various workstreamsLeah Lakarosky 01/20/21 0.5 Call with special committee advisor re: diligenceLeah Lakarosky 01/20/21 0.5 Call with K&E re: strategic adviceLeah Lakarosky 01/20/21 0.5 Review of financial analysisLeah Lakarosky 01/20/21 0.5 Call with special committee advisor re: diligenceLeah Lakarosky 01/21/21 0.5 Update call with management and company advisorsLeah Lakarosky 01/21/21 0.5 Internal call re: financial analysisLeah Lakarosky 01/21/21 0.5 Call with special committee advisor re: diligenceLeah Lakarosky 01/21/21 0.5 Creditor diligence call with management and advisorsLeah Lakarosky 01/21/21 0.5 Review of financial analysisLeah Lakarosky 01/22/21 0.5 Internal call re: financial analysis

Page 16 of 31





Leah Lakarosky 01/22/21 0.5 Review of financial analysisLeah Lakarosky 01/22/21 0.5 Call with K&E re: processLeah Lakarosky 01/22/21 0.5 Internal call re: financial analysisLeah Lakarosky 01/22/21 0.5 Call with K&E re: processLeah Lakarosky 01/22/21 0.5 Review of financial analysisLeah Lakarosky 01/23/21 1.0 Call with K&E re: processLeah Lakarosky 01/23/21 0.5 Review of financial analysisLeah Lakarosky 01/24/21 0.5 Internal call re: various workstreamsLeah Lakarosky 01/24/21 0.5 Call with K&E re: financial analysisLeah Lakarosky 01/24/21 0.5 Review of financial analysisLeah Lakarosky 01/25/21 0.5 Call with K&E re: processLeah Lakarosky 01/25/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 01/25/21 0.5 Call with management re: financial analysisLeah Lakarosky 01/25/21 0.5 Internal call re: financial analysisLeah Lakarosky 01/25/21 0.5 Call with K&E and A&M re: presentation materialsLeah Lakarosky 01/25/21 0.5 Review of financial analysisLeah Lakarosky 01/25/21 1.0 Call with management re: financial analysisLeah Lakarosky 01/25/21 0.5 Call with A&M re: creditor diligenceLeah Lakarosky 01/25/21 0.5 Review of filing documentsLeah Lakarosky 01/26/21 0.5 Call with K&E re: processLeah Lakarosky 01/26/21 1.0 Update call with management and company advisorsLeah Lakarosky 01/26/21 0.5 Call with K&E re: processLeah Lakarosky 01/26/21 1.0 Call with counsel re: processLeah Lakarosky 01/26/21 1.5 Review of financial analysisLeah Lakarosky 01/26/21 0.5 Call with creditor advisors and counselLeah Lakarosky 01/26/21 0.5 Call with special committee re: diligenceLeah Lakarosky 01/26/21 1.0 Call with management re: financial analysisLeah Lakarosky 01/26/21 0.5 Call with special committee advisors re: financial analysisLeah Lakarosky 01/26/21 0.5 Internal call re: financial analysisLeah Lakarosky 01/26/21 0.5 Call with K&E re: processLeah Lakarosky 01/27/21 0.5 Internal call re: financial analysisLeah Lakarosky 01/27/21 1.0 Update call with management and company advisorsLeah Lakarosky 01/27/21 0.5 Review of term sheetsLeah Lakarosky 01/27/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 01/27/21 0.5 Call with management re: financial analysisLeah Lakarosky 01/27/21 1.0 Review of financial analysisLeah Lakarosky 01/27/21 0.5 Call with creditor advisors re: financial analysis

Page 17 of 31





Leah Lakarosky 01/27/21 0.5 Call with A&M re: financial analysisLeah Lakarosky 01/27/21 1.0 Call with K&E re: term sheetLeah Lakarosky 01/27/21 0.5 Preparation of presentation materialsLeah Lakarosky 01/27/21 0.5 Call with creditor advisors re: term sheetLeah Lakarosky 01/28/21 1.0 Update call with management and company advisorsLeah Lakarosky 01/28/21 1.0 Call with creditor advisors re: term sheetLeah Lakarosky 01/28/21 0.5 Call with special committee advisor re: financial analysisLeah Lakarosky 01/28/21 0.5 Call with creditor advisors re: financial analysisLeah Lakarosky 01/28/21 0.5 Internal discussion re: financial analysisLeah Lakarosky 01/28/21 1.5 Review of presentation materials and financial analysisLeah Lakarosky 01/29/21 0.5 Internal discussion re: financial analysisLeah Lakarosky 01/29/21 1.5 Review of financial analysisLeah Lakarosky 01/29/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 01/29/21 0.5 Call with management re: financial analysisLeah Lakarosky 01/29/21 1.0 Call with creditors and advisors re: term sheetLeah Lakarosky 01/29/21 0.5 Call with K&E re: term sheet analysisLeah Lakarosky 01/29/21 0.5 Internal call re: term sheet analysis

119.0

Page 18 of 31





Mark Reynolds 01/05/21 1.0 Call with K&E re: financial analysisMark Reynolds 01/05/21 0.5 Internal call re: financial analysisMark Reynolds 01/06/21 1.0 Internal call re: financial analysisMark Reynolds 01/07/21 0.5 Internal call re: financial analysisMark Reynolds 01/08/21 1.0 Internal call re: financial analysisMark Reynolds 01/08/21 0.5 Call with special committee advisorsMark Reynolds 01/10/21 1.0 Call with special committee advisor re: financial analysisMark Reynolds 01/10/21 1.0 Call with special committee advisor re: financial analysisMark Reynolds 01/11/21 1.5 Internal call re: financial analysisMark Reynolds 01/12/21 0.5 Call with company re: strategic adviceMark Reynolds 01/12/21 0.5 Internal call re: strategic adviceMark Reynolds 01/13/21 0.5 Internal call re: strategic adviceMark Reynolds 01/13/21 0.5 Internal call re: financial analysisMark Reynolds 01/13/21 1.0 Internal call re: financial analysisMark Reynolds 01/13/21 0.5 Internal call re: financial analysisMark Reynolds 01/13/21 0.5 Call with company re: board materialsMark Reynolds 01/14/21 0.5 Internal call re: strategic adviceMark Reynolds 01/15/21 0.5 Internal call re: strategic adviceMark Reynolds 01/15/21 0.5 Call with company re: strategic adviceMark Reynolds 01/16/21 0.5 Internal call re: strategic adviceMark Reynolds 01/17/21 0.5 Call with company re: strategic adviceMark Reynolds 01/18/21 0.5 Call with company re: strategic adviceMark Reynolds 01/18/21 1.0 Call with company re: strategic adviceMark Reynolds 01/20/21 0.5 Call with K&E re: strategic adviceMark Reynolds 01/20/21 1.0 Review of analysisMark Reynolds 01/21/21 0.5 Call with company re: strategic adviceMark Reynolds 01/22/21 0.5 Internal call re: financial analysisMark Reynolds 01/22/21 0.5 Internal call re: financial analysisMark Reynolds 01/25/21 1.0 Call with company re: strategic adviceMark Reynolds 01/26/21 0.5 Internal call re: financial analysisMark Reynolds 01/27/21 0.5 Internal call re: financial analysisMark Reynolds 01/27/21 0.5 Call with company re: strategic adviceMark Reynolds 01/28/21 0.5 Call with company re: strategic adviceMark Reynolds 01/28/21 0.5 Call with company re: strategic adviceMark Reynolds 01/29/21 0.5 Internal call re: strategic advice

23.0

Page 19 of 31





Meaghan Kelly 01/02/21 0.5 Email correspondenceMeaghan Kelly 01/03/21 0.5 Call with K&E and A&M re: financial analysisMeaghan Kelly 01/04/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 01/04/21 0.5 Internal call re: analysis workstreamsMeaghan Kelly 01/04/21 3.0 Financial analysisMeaghan Kelly 01/05/21 1.0 Internal call re: analysis workstreamsMeaghan Kelly 01/05/21 1.0 Call with creditor advisors re: taxMeaghan Kelly 01/05/21 1.0 Call with K&E re: financial analysisMeaghan Kelly 01/05/21 0.5 Internal call re: financial analysisMeaghan Kelly 01/05/21 0.5 Call with company and advisors re: court filingsMeaghan Kelly 01/05/21 0.5 Call with special committee advisorMeaghan Kelly 01/05/21 4.0 Financial analysisMeaghan Kelly 01/06/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 01/06/21 0.5 Internal call re: analysis workstreamsMeaghan Kelly 01/06/21 0.5 Call with creditor advisorsMeaghan Kelly 01/06/21 0.5 Call with K&E re: financial analysisMeaghan Kelly 01/06/21 0.5 Call with creditor advisorMeaghan Kelly 01/06/21 1.0 Internal call re: financial analysisMeaghan Kelly 01/06/21 5.5 Financial analysisMeaghan Kelly 01/07/21 0.5 Court hearingMeaghan Kelly 01/07/21 0.5 Call with K&E re: financial analysisMeaghan Kelly 01/07/21 6.0 Financial analysisMeaghan Kelly 01/07/21 1.0 Creditor diligenceMeaghan Kelly 01/08/21 1.0 Internal call re: financial analysisMeaghan Kelly 01/08/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 01/08/21 1.0 Call with company and advisors re: financial analysisMeaghan Kelly 01/08/21 1.0 Call with special committee advisorMeaghan Kelly 01/08/21 0.5 Call with special committee advisorsMeaghan Kelly 01/08/21 3.5 Financial analysisMeaghan Kelly 01/09/21 1.0 Call with A&M re: financial analysisMeaghan Kelly 01/09/21 0.5 Call with creditor advisors re: term sheetMeaghan Kelly 01/09/21 1.0 Call with company and advisors re: financial analysisMeaghan Kelly 01/09/21 0.5 Call with K&E and A&M re: financial analysisMeaghan Kelly 01/09/21 4.0 Financial analysisMeaghan Kelly 01/10/21 1.0 Call with special committee advisor re: financial analysisMeaghan Kelly 01/10/21 1.0 Call with special committee advisor re: financial analysisMeaghan Kelly 01/10/21 0.5 Call with A&M re: financial analysis

Page 20 of 31





Meaghan Kelly 01/10/21 0.5 Financial analysisMeaghan Kelly 01/11/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 01/11/21 1.5 Internal call re: financial analysisMeaghan Kelly 01/11/21 0.5 Update call with management and company advisorsMeaghan Kelly 01/11/21 0.5 Advisors PMO callMeaghan Kelly 01/11/21 4.5 Financial analysisMeaghan Kelly 01/12/21 0.5 Update call with management and company advisorsMeaghan Kelly 01/12/21 0.5 Call with special committee advisorsMeaghan Kelly 01/12/21 0.5 Call with A&M re: financial analysisMeaghan Kelly 01/12/21 0.5 Internal call re: board materialsMeaghan Kelly 01/12/21 0.5 Call with creditor advisors re: term sheetMeaghan Kelly 01/12/21 1.0 Calls with K&E re: financial analysis and processMeaghan Kelly 01/12/21 1.0 Calls with special committee advisorsMeaghan Kelly 01/12/21 0.5 Call with company re: strategic adviceMeaghan Kelly 01/12/21 0.5 Internal call re: board materialsMeaghan Kelly 01/12/21 4.5 Financial analysisMeaghan Kelly 01/13/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 01/13/21 1.0 Calls with special committee advisorsMeaghan Kelly 01/13/21 1.5 Calls with K&E re: financial analysis and processMeaghan Kelly 01/13/21 0.5 Internal call re: board materialsMeaghan Kelly 01/13/21 0.5 Internal call re: financial analysisMeaghan Kelly 01/13/21 1.0 Internal call re: financial analysisMeaghan Kelly 01/13/21 0.5 Internal call re: financial analysisMeaghan Kelly 01/13/21 0.5 Call with company re: board materialsMeaghan Kelly 01/13/21 3.0 Financial analysisMeaghan Kelly 01/14/21 0.5 Update call with management and company advisorsMeaghan Kelly 01/14/21 0.5 Internal call re: processMeaghan Kelly 01/14/21 3.0 Financial analysisMeaghan Kelly 01/15/21 0.5 Call with company re: financial analysisMeaghan Kelly 01/15/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 01/15/21 1.5 Financial analysisMeaghan Kelly 01/18/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 01/18/21 4.5 Financial analysisMeaghan Kelly 01/19/21 0.5 Call with management and company advisors re: term sheetsMeaghan Kelly 01/19/21 0.5 Call with bank re: financingMeaghan Kelly 01/19/21 0.5 Internal catch-up on analysis/processMeaghan Kelly 01/19/21 1.0 Call with management and company advisors re: proposal analysis

Page 21 of 31





Meaghan Kelly 01/19/21 0.5 Call with K&E re: term sheetMeaghan Kelly 01/19/21 5.0 Financial analysisMeaghan Kelly 01/19/21 1.5 AdminMeaghan Kelly 01/20/21 0.5 Call with A&M re: financial analysisMeaghan Kelly 01/20/21 0.5 Call with creditor advisors re: proposalMeaghan Kelly 01/20/21 0.5 Call with special committee advisor re: diligenceMeaghan Kelly 01/20/21 0.5 Call with special committee advisor re: diligenceMeaghan Kelly 01/20/21 1.0 SchedulingMeaghan Kelly 01/20/21 4.0 Financial analysisMeaghan Kelly 01/21/21 0.5 Update call with management and company advisorsMeaghan Kelly 01/21/21 0.5 Internal call re: financial analysisMeaghan Kelly 01/21/21 0.5 Call with special committee advisor re: diligenceMeaghan Kelly 01/21/21 0.5 Creditor diligence call with management and advisorsMeaghan Kelly 01/21/21 4.0 Financial analysisMeaghan Kelly 01/22/21 0.5 Internal call re: financial analysisMeaghan Kelly 01/22/21 0.5 Call with K&E re: processMeaghan Kelly 01/22/21 0.5 Internal call re: financial analysisMeaghan Kelly 01/22/21 1.5 Financial analysisMeaghan Kelly 01/24/21 1.0 Email correspondenceMeaghan Kelly 01/25/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 01/25/21 0.5 Internal call re: financial analysisMeaghan Kelly 01/25/21 0.5 Call with K&E and A&M re: presentation materialsMeaghan Kelly 01/25/21 1.0 Call with management re: financial analysisMeaghan Kelly 01/25/21 4.5 Financial analysisMeaghan Kelly 01/26/21 1.0 Update call with management and company advisorsMeaghan Kelly 01/26/21 1.0 Call with management re: financial analysisMeaghan Kelly 01/26/21 0.5 Call with special committee advisors re: financial analysisMeaghan Kelly 01/26/21 0.5 Internal call re: financial analysisMeaghan Kelly 01/26/21 0.5 Call with K&E re: processMeaghan Kelly 01/26/21 1.0 SchedulingMeaghan Kelly 01/26/21 5.5 Financial analysisMeaghan Kelly 01/27/21 0.5 Internal call re: financial analysisMeaghan Kelly 01/27/21 1.0 Update call with management and company advisorsMeaghan Kelly 01/27/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 01/27/21 0.5 Call with management re: financial analysisMeaghan Kelly 01/27/21 0.5 Call with creditor advisors re: financial analysisMeaghan Kelly 01/27/21 0.5 Call with K&E re: term sheet

Page 22 of 31





Meaghan Kelly 01/27/21 0.5 Call with creditor advisors re: term sheetMeaghan Kelly 01/27/21 6.0 Financial analysisMeaghan Kelly 01/28/21 1.0 Update call with management and company advisorsMeaghan Kelly 01/28/21 1.0 Call with creditor advisors re: term sheetMeaghan Kelly 01/28/21 0.5 Call with special committee advisor re: financial analysisMeaghan Kelly 01/28/21 0.5 Call with creditor advisors re: financial analysisMeaghan Kelly 01/28/21 0.5 Internal discussion re: financial analysisMeaghan Kelly 01/28/21 0.5 Creditor diligenceMeaghan Kelly 01/28/21 4.0 Financial analysisMeaghan Kelly 01/29/21 0.5 Internal discussion re: financial analysisMeaghan Kelly 01/29/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 01/29/21 0.5 Call with management re: financial analysisMeaghan Kelly 01/29/21 1.0 Call with creditors and advisors re: term sheetMeaghan Kelly 01/29/21 0.5 Internal call re: term sheet analysisMeaghan Kelly 01/29/21 6.0 Financial analysisMeaghan Kelly 01/31/21 0.5 Email correspondence

157.0

Page 23 of 31





Lou Colagreco 01/05/21 1.0 Call with K&E re: financial analysisLou Colagreco 01/05/21 0.5 Internal call re: financial analysisLou Colagreco 01/06/21 1.0 Internal call re: financial analysisLou Colagreco 01/07/21 0.5 Internal call re: financial analysisLou Colagreco 01/08/21 1.0 Internal call re: financial analysisLou Colagreco 01/08/21 0.5 Call with special committee advisorsLou Colagreco 01/10/21 1.0 Call with special committee advisor re: financial analysisLou Colagreco 01/11/21 1.5 Internal call re: financial analysisLou Colagreco 01/12/21 0.5 Internal call re: strategic adviceLou Colagreco 01/13/21 0.5 Internal call re: strategic adviceLou Colagreco 01/13/21 0.5 Internal call re: financial analysisLou Colagreco 01/13/21 1.0 Internal call re: financial analysisLou Colagreco 01/13/21 0.5 Internal call re: financial analysisLou Colagreco 01/13/21 0.5 Call with company re: board materialsLou Colagreco 01/16/21 0.5 Internal call re: strategic adviceLou Colagreco 01/17/21 0.5 Call with company re: strategic adviceLou Colagreco 01/18/21 0.5 Call with company re: strategic adviceLou Colagreco 01/18/21 1.0 Call with company re: strategic adviceLou Colagreco 01/21/21 0.5 Internal call re: financial analysisLou Colagreco 01/21/21 0.5 Call with company re: strategic adviceLou Colagreco 01/22/21 0.5 Internal call re: financial analysisLou Colagreco 01/22/21 0.5 Internal call re: financial analysisLou Colagreco 01/25/21 1.0 Call with company re: strategic adviceLou Colagreco 01/26/21 0.5 Internal call re: financial analysisLou Colagreco 01/27/21 0.5 Internal call re: financial analysisLou Colagreco 01/27/21 0.5 Call with company re: strategic adviceLou Colagreco 01/28/21 0.5 Call with company re: strategic adviceLou Colagreco 01/28/21 0.5 Call with company re: strategic adviceLou Colagreco 01/29/21 0.5 Internal call re: strategic advice

19.0

Page 24 of 31





Tony Yin 01/16/21 0.5 Internal call re: strategic adviceTony Yin 01/16/21 0.5 Financial analysisTony Yin 01/17/21 0.5 Call with company re: strategic adviceTony Yin 01/17/21 0.5 Financial analysisTony Yin 01/18/21 0.5 Call with company re: strategic adviceTony Yin 01/18/21 1.0 Call with company re: strategic advice

3.5

Page 25 of 31





Leslie Wang 01/03/21 0.5 Call with K&E and A&M re: financial analysisLeslie Wang 01/04/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 01/04/21 0.5 Internal call re: analysis workstreamsLeslie Wang 01/04/21 1.0 Email correspondenceLeslie Wang 01/04/21 2.0 Financial analysisLeslie Wang 01/05/21 1.0 Internal call re: analysis workstreamsLeslie Wang 01/05/21 1.0 Call with creditor advisors re: taxLeslie Wang 01/05/21 1.0 Call with K&E re: financial analysisLeslie Wang 01/05/21 0.5 Internal call re: financial analysisLeslie Wang 01/05/21 0.5 Call with company and advisors re: court filingsLeslie Wang 01/05/21 0.5 Call with special committee advisorLeslie Wang 01/05/21 1.0 Financial analysisLeslie Wang 01/06/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 01/06/21 0.5 Internal call re: analysis workstreamsLeslie Wang 01/06/21 0.5 Call with creditor advisorsLeslie Wang 01/06/21 0.5 Call with K&E re: financial analysisLeslie Wang 01/06/21 0.5 Call with creditor advisorLeslie Wang 01/06/21 1.0 Internal call re: financial analysisLeslie Wang 01/06/21 8.0 Financial analysisLeslie Wang 01/07/21 0.5 Court hearingLeslie Wang 01/07/21 0.5 Call with K&E re: financial analysisLeslie Wang 01/07/21 4.0 Financial analysisLeslie Wang 01/07/21 1.0 Email correspondenceLeslie Wang 01/08/21 1.0 Internal call re: financial analysisLeslie Wang 01/08/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 01/08/21 1.0 Call with company and advisors re: financial analysisLeslie Wang 01/08/21 1.0 Call with special committee advisorLeslie Wang 01/08/21 0.5 Call with special committee advisorsLeslie Wang 01/09/21 1.0 Call with A&M re: financial analysisLeslie Wang 01/09/21 0.5 Call with creditor advisors re: term sheetLeslie Wang 01/09/21 1.0 Call with company and advisors re: financial analysisLeslie Wang 01/09/21 0.5 Call with K&E and A&M re: financial analysisLeslie Wang 01/09/21 1.0 Financial analysisLeslie Wang 01/10/21 1.0 Call with special committee advisor re: financial analysisLeslie Wang 01/10/21 1.0 Call with special committee advisor re: financial analysisLeslie Wang 01/10/21 0.5 Call with A&M re: financial analysisLeslie Wang 01/10/21 4.0 Financial analysis

Page 26 of 31





Leslie Wang 01/11/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 01/11/21 1.5 Internal call re: financial analysisLeslie Wang 01/11/21 0.5 Update call with management and company advisorsLeslie Wang 01/11/21 0.5 Advisors PMO callLeslie Wang 01/11/21 1.0 Email correspondenceLeslie Wang 01/11/21 1.0 Financial analysisLeslie Wang 01/12/21 0.5 Update call with management and company advisorsLeslie Wang 01/12/21 0.5 Call with special committee advisorsLeslie Wang 01/12/21 0.5 Call with A&M re: financial analysisLeslie Wang 01/12/21 0.5 Internal call re: board materialsLeslie Wang 01/12/21 0.5 Call with creditor advisors re: term sheetLeslie Wang 01/12/21 1.0 Calls with K&E re: financial analysis and processLeslie Wang 01/12/21 1.0 Calls with special committee advisorsLeslie Wang 01/12/21 0.5 Call with company re: strategic adviceLeslie Wang 01/12/21 0.5 Internal call re: board materialsLeslie Wang 01/12/21 7.0 Financial analysisLeslie Wang 01/13/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 01/13/21 1.0 Calls with special committee advisorsLeslie Wang 01/13/21 1.5 Calls with K&E re: financial analysis and processLeslie Wang 01/13/21 0.5 Internal call re: board materialsLeslie Wang 01/13/21 0.5 Internal call re: financial analysisLeslie Wang 01/13/21 1.0 Internal call re: financial analysisLeslie Wang 01/13/21 0.5 Internal call re: financial analysisLeslie Wang 01/13/21 0.5 Call with company re: board materialsLeslie Wang 01/13/21 7.0 Financial analysisLeslie Wang 01/13/21 1.5 Email correspondenceLeslie Wang 01/13/21 1.0 Call with K&E re: financial analysisLeslie Wang 01/14/21 0.5 Update call with management and company advisorsLeslie Wang 01/14/21 0.5 Internal call re: processLeslie Wang 01/14/21 5.0 Financial analysisLeslie Wang 01/15/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 01/15/21 6.0 Financial analysisLeslie Wang 01/15/21 1.5 Email correspondenceLeslie Wang 01/16/21 2.0 Financial analysisLeslie Wang 01/16/21 1.0 Email correspondenceLeslie Wang 01/17/21 2.0 Financial analysisLeslie Wang 01/17/21 0.5 Email correspondence

Page 27 of 31





Leslie Wang 01/18/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 01/18/21 6.0 Financial analysisLeslie Wang 01/19/21 0.5 Call with management and company advisors re: term sheetsLeslie Wang 01/19/21 0.5 Call with bank re: financingLeslie Wang 01/19/21 1.0 Call with management and company advisors re: proposal analysisLeslie Wang 01/19/21 0.5 Call with K&E re: term sheetLeslie Wang 01/19/21 6.0 Financial analysisLeslie Wang 01/19/21 1.5 Email correspondenceLeslie Wang 01/19/21 1.0 Call with K&E re: financial analysisLeslie Wang 01/20/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 01/20/21 0.5 Call with A&M re: financial analysisLeslie Wang 01/20/21 0.5 Call with creditor advisors re: proposalLeslie Wang 01/20/21 0.5 Call with special committee advisor re: diligenceLeslie Wang 01/20/21 0.5 Call with special committee advisor re: diligenceLeslie Wang 01/20/21 1.5 Email correspondenceLeslie Wang 01/20/21 8.0 Financial analysisLeslie Wang 01/20/21 1.0 AdminLeslie Wang 01/21/21 0.5 Update call with management and company advisorsLeslie Wang 01/21/21 0.5 Internal call re: financial analysisLeslie Wang 01/21/21 0.5 Call with special committee advisor re: diligenceLeslie Wang 01/21/21 0.5 Creditor diligence call with management and advisorsLeslie Wang 01/21/21 2.0 Financial analysisLeslie Wang 01/22/21 0.5 Internal call re: financial analysisLeslie Wang 01/22/21 0.5 Call with K&E re: processLeslie Wang 01/22/21 6.0 Financial analysisLeslie Wang 01/22/21 0.5 Internal call re: financial analysisLeslie Wang 01/22/21 1.5 Email correspondenceLeslie Wang 01/23/21 8.0 Financial analysisLeslie Wang 01/24/21 5.0 Financial analysisLeslie Wang 01/25/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 01/25/21 0.5 Internal call re: financial analysisLeslie Wang 01/25/21 0.5 Call with K&E and A&M re: presentation materialsLeslie Wang 01/25/21 1.0 Call with management re: financial analysisLeslie Wang 01/25/21 6.0 Financial analysisLeslie Wang 01/25/21 1.0 Email correspondenceLeslie Wang 01/26/21 1.0 Update call with management and company advisorsLeslie Wang 01/26/21 1.0 Call with management re: financial analysis

Page 28 of 31





Leslie Wang 01/26/21 0.5 Call with special committee advisors re: financial analysisLeslie Wang 01/26/21 0.5 Internal call re: financial analysisLeslie Wang 01/26/21 0.5 Call with K&E re: processLeslie Wang 01/26/21 6.0 Financial analysisLeslie Wang 01/27/21 0.5 Internal call re: financial analysisLeslie Wang 01/27/21 1.0 Update call with management and company advisorsLeslie Wang 01/27/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 01/27/21 0.5 Call with management re: financial analysisLeslie Wang 01/27/21 0.5 Call with creditor advisors re: term sheetLeslie Wang 01/27/21 8.0 Financial analysisLeslie Wang 01/28/21 1.0 Update call with management and company advisorsLeslie Wang 01/28/21 1.0 Call with creditor advisors re: term sheetLeslie Wang 01/28/21 0.5 Call with special committee advisor re: financial analysisLeslie Wang 01/28/21 0.5 Call with creditor advisors re: financial analysisLeslie Wang 01/28/21 0.5 Internal discussion re: financial analysisLeslie Wang 01/28/21 7.0 Financial analysisLeslie Wang 01/28/21 1.0 Email correspondenceLeslie Wang 01/29/21 0.5 Internal discussion re: financial analysisLeslie Wang 01/29/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 01/29/21 0.5 Call with management re: financial analysisLeslie Wang 01/29/21 1.0 Call with creditors and advisors re: term sheetLeslie Wang 01/29/21 0.5 Internal call re: term sheet analysisLeslie Wang 01/29/21 1.0 Email correspondenceLeslie Wang 01/29/21 0.5 Call with creditor advisor

197.0

Page 29 of 31





Andrew Karchmer 01/05/21 1.0 Call with K&E re: financial analysisAndrew Karchmer 01/05/21 0.5 Internal call re: financial analysisAndrew Karchmer 01/05/21 2.0 Financial AnalysisAndrew Karchmer 01/06/21 1.0 Internal call re: financial analysisAndrew Karchmer 01/06/21 2.0 Financial AnalysisAndrew Karchmer 01/07/21 0.5 Internal call re: financial analysisAndrew Karchmer 01/07/21 2.0 Financial AnalysisAndrew Karchmer 01/08/21 1.0 Internal call re: financial analysisAndrew Karchmer 01/08/21 0.5 Call with special committee advisorsAndrew Karchmer 01/08/21 2.0 Financial AnalysisAndrew Karchmer 01/10/21 1.0 Call with special committee advisor re: financial analysisAndrew Karchmer 01/10/21 2.0 Financial AnalysisAndrew Karchmer 01/11/21 1.5 Internal call re: financial analysisAndrew Karchmer 01/11/21 2.0 Financial AnalysisAndrew Karchmer 01/12/21 0.5 Call with company re: strategic adviceAndrew Karchmer 01/12/21 0.5 Internal call re: strategic adviceAndrew Karchmer 01/13/21 0.5 Internal call re: strategic adviceAndrew Karchmer 01/13/21 0.5 Internal call re: financial analysisAndrew Karchmer 01/13/21 1.0 Internal call re: financial analysisAndrew Karchmer 01/13/21 0.5 Internal call re: financial analysisAndrew Karchmer 01/13/21 0.5 Call with company re: board materialsAndrew Karchmer 01/13/21 2.0 Financial AnalysisAndrew Karchmer 01/14/21 0.5 Internal call re: strategic adviceAndrew Karchmer 01/15/21 0.5 Internal call re: strategic adviceAndrew Karchmer 01/15/21 0.5 Call with company re: strategic adviceAndrew Karchmer 01/16/21 0.5 Internal call re: strategic adviceAndrew Karchmer 01/17/21 0.5 Call with company re: strategic adviceAndrew Karchmer 01/18/21 0.5 Call with company re: strategic adviceAndrew Karchmer 01/18/21 1.0 Call with company re: strategic adviceAndrew Karchmer 01/20/21 0.5 Call with K&E re: strategic adviceAndrew Karchmer 01/20/21 1.5 Preparation of analysisAndrew Karchmer 01/20/21 2.0 Financial AnalysisAndrew Karchmer 01/21/21 0.5 Call with company re: strategic adviceAndrew Karchmer 01/21/21 0.5 Internal call re: financial analysisAndrew Karchmer 01/21/21 2.0 Financial AnalysisAndrew Karchmer 01/22/21 0.5 Internal call re: financial analysisAndrew Karchmer 01/22/21 0.5 Internal call re: financial analysis

Page 30 of 31





Andrew Karchmer 01/22/21 2.0 Financial AnalysisAndrew Karchmer 01/25/21 1.0 Call with company re: strategic adviceAndrew Karchmer 01/26/21 0.5 Internal call re: financial analysisAndrew Karchmer 01/26/21 2.0 Financial AnalysisAndrew Karchmer 01/27/21 0.5 Internal call re: financial analysisAndrew Karchmer 01/27/21 2.0 Financial AnalysisAndrew Karchmer 01/27/21 0.5 Call with company re: strategic adviceAndrew Karchmer 01/28/21 0.5 Call with company re: strategic adviceAndrew Karchmer 01/28/21 0.5 Call with company re: strategic adviceAndrew Karchmer 01/29/21 0.5 Internal call re: strategic advice

47.0

Page 31 of 31



FEBRUARY 1, 2021 THROUGH FEBRUARY 28, 2021


Steve Zelin 42.5

James Murray 2.0

Jessica Kearns 0.5










Total Hours 482.5

Partner

Partner

Partner





Steve Zelin 02/01/21 0.5 Call with K&E and A&M re: case workstreamsSteve Zelin 02/01/21 0.5 Internal call re: various workstreamsSteve Zelin 02/01/21 0.5 Call with creditor advisors re: term sheetSteve Zelin 02/01/21 0.5 Call with management and advisors re: term sheetSteve Zelin 02/01/21 0.5 Call with special committee advisors re: financial analysisSteve Zelin 02/02/21 0.5 Call with management and advisors re: various workstreamsSteve Zelin 02/02/21 0.5 Call with creditor advisors re: term sheetSteve Zelin 02/02/21 0.5 Call with creditor advisorSteve Zelin 02/03/21 0.5 Call with K&E and A&M re: case workstreamsSteve Zelin 02/03/21 0.5 Call with creditor advisorSteve Zelin 02/04/21 0.5 Call with management and advisors re: various workstreamsSteve Zelin 02/05/21 0.5 Call with K&E and A&M re: case workstreamsSteve Zelin 02/05/21 0.5 Review of financial analysisSteve Zelin 02/05/21 0.5 Internal call re: financial analysisSteve Zelin 02/07/21 1.0 Call with creditor advisors re: term sheetSteve Zelin 02/08/21 1.0 Call with management and advisors re: various workstreamsSteve Zelin 02/08/21 0.5 Diligence call with special committee advisorsSteve Zelin 02/08/21 0.5 Internal call re: financial analysisSteve Zelin 02/08/21 0.5 Internal call re: financial analysisSteve Zelin 02/08/21 1.5 Review of filing documentsSteve Zelin 02/09/21 0.5 Call with management and advisors re: various workstreamsSteve Zelin 02/09/21 0.5 Call with creditor advisorSteve Zelin 02/09/21 1.0 Review of financial analysisSteve Zelin 02/10/21 1.0 Call with management and advisors re: term sheetsSteve Zelin 02/10/21 0.5 Call with creditors and advisors re: term sheetSteve Zelin 02/10/21 1.0 Internal call re: financial analysisSteve Zelin 02/10/21 0.5 Call with management and advisors re: term sheetsSteve Zelin 02/11/21 0.5 Update call with company and advisorsSteve Zelin 02/11/21 0.5 Call with creditorSteve Zelin 02/11/21 1.0 Call with creditorSteve Zelin 02/11/21 0.5 Call with creditorSteve Zelin 02/11/21 1.0 Call with managementSteve Zelin 02/11/21 0.5 Board meetingSteve Zelin 02/11/21 2.0 Review of filing documentsSteve Zelin 02/12/21 0.5 Board meetingSteve Zelin 02/12/21 0.5 Internal call re: various workstreamsSteve Zelin 02/12/21 0.5 Update call with K&ESteve Zelin 02/15/21 0.5 Call with K&E and A&M re: case workstreams

Page 2 of 23





Steve Zelin 02/16/21 0.5 Call with management and advisors re: various workstreamsSteve Zelin 02/16/21 1.0 Diligence call with creditor advisorSteve Zelin 02/17/21 1.0 Internal call re: financial analysisSteve Zelin 02/17/21 1.0 Call with K&E and A&M re: case workstreamsSteve Zelin 02/17/21 0.5 Call with creditor advisors re: planSteve Zelin 02/17/21 0.5 Call with creditorSteve Zelin 02/18/21 0.5 Update call with management and advisorsSteve Zelin 02/18/21 0.5 Call with creditor advisorSteve Zelin 02/19/21 0.5 Call with creditor advisorsSteve Zelin 02/19/21 0.5 Call with creditorSteve Zelin 02/22/21 0.5 Call with K&E and A&M re: case workstreamsSteve Zelin 02/23/21 0.5 Update call with management and advisorsSteve Zelin 02/23/21 1.0 Internal call re: financial analysisSteve Zelin 02/24/21 0.5 Call with K&E and A&M re: case workstreamsSteve Zelin 02/24/21 0.5 Call with K&E re: scenario analysisSteve Zelin 02/25/21 0.5 Update call with management and advisorsSteve Zelin 02/25/21 1.0 Internal call re: financial analysisSteve Zelin 02/25/21 1.0 Call with K&E re: case workstreamsSteve Zelin 02/26/21 0.5 Internal call re: financial analysisSteve Zelin 02/26/21 0.5 Call with creditor advisorSteve Zelin 02/26/21 0.5 Call with creditorSteve Zelin 02/27/21 1.0 Call with K&E re: case workstreamsSteve Zelin 02/27/21 0.5 Internal call re: financial analysisSteve Zelin 02/27/21 0.5 Call with creditorSteve Zelin 02/28/21 0.5 Call with creditorSteve Zelin 02/28/21 0.5 Call with creditorSteve Zelin 02/28/21 1.0 Review of financial analysis

42.5

Page 3 of 23





James Murray 02/23/21 1.0 Internal call re: financial analysisJames Murray 02/25/21 1.0 Internal call re: financial analysis

2.0

Page 4 of 23





Jessica Kearns 02/23/21 0.5 Call with potential financing counterparty0.5

Page 5 of 23





Paul Sheaffer 02/01/21 0.5 Call with K&E and A&M re: case workstreamsPaul Sheaffer 02/01/21 0.5 Internal call re: various workstreamsPaul Sheaffer 02/01/21 0.5 Call with K&E and A&M re: financial analysisPaul Sheaffer 02/01/21 0.5 Call with creditor advisors re: term sheetPaul Sheaffer 02/01/21 0.5 Call with management and advisors re: term sheetPaul Sheaffer 02/01/21 0.5 Call with special committee advisors re: financial analysisPaul Sheaffer 02/02/21 0.5 Call with management and advisors re: various workstreamsPaul Sheaffer 02/02/21 0.5 Call with creditor advisors re: term sheetPaul Sheaffer 02/02/21 1.0 Review of financial analysisPaul Sheaffer 02/03/21 0.5 Call with K&E and A&M re: case workstreamsPaul Sheaffer 02/04/21 0.5 Call with management and advisors re: various workstreamsPaul Sheaffer 02/05/21 0.5 Call with K&E and A&M re: case workstreamsPaul Sheaffer 02/05/21 1.0 Review of financial analysisPaul Sheaffer 02/08/21 0.5 Review of financial analysisPaul Sheaffer 02/08/21 0.5 Internal call re: various workstreamsPaul Sheaffer 02/08/21 1.0 Call with management and advisors re: various workstreamsPaul Sheaffer 02/08/21 0.5 Diligence call with special committee advisorsPaul Sheaffer 02/08/21 0.5 Internal call re: financial analysisPaul Sheaffer 02/08/21 1.0 Call with K&E re: term sheetsPaul Sheaffer 02/08/21 0.5 Internal call re: financial analysisPaul Sheaffer 02/08/21 1.0 Call with management and advisors re: term sheetsPaul Sheaffer 02/08/21 0.5 Internal call re: term sheetPaul Sheaffer 02/08/21 2.0 Review of filing documentsPaul Sheaffer 02/09/21 0.5 Internal call re: filing documentsPaul Sheaffer 02/09/21 0.5 Call with management and advisors re: various workstreamsPaul Sheaffer 02/09/21 0.5 Call with creditor advisors re: term sheetPaul Sheaffer 02/09/21 1.0 Call with A&M re: financial analysisPaul Sheaffer 02/09/21 1.0 Review of financial analysisPaul Sheaffer 02/10/21 1.0 Call with management and advisors re: term sheetsPaul Sheaffer 02/10/21 0.5 Call with creditors and advisors re: term sheetPaul Sheaffer 02/10/21 0.5 Call with K&E and A&M re: case workstreamsPaul Sheaffer 02/10/21 0.5 Call with special committee advisors re: financial analysisPaul Sheaffer 02/10/21 0.5 Call with company and K&E re: case workstreamsPaul Sheaffer 02/10/21 1.0 Internal call re: financial analysisPaul Sheaffer 02/10/21 1.0 Call with K&E re: term sheetsPaul Sheaffer 02/10/21 1.0 Call with A&M and K&E re: financial analysisPaul Sheaffer 02/10/21 0.5 Call with management and advisors re: term sheets

Page 6 of 23





Paul Sheaffer 02/10/21 1.0 Review of financial analysisPaul Sheaffer 02/11/21 0.5 Update call with company and advisorsPaul Sheaffer 02/11/21 2.5 Review of filing documentsPaul Sheaffer 02/12/21 0.5 Internal call re: various workstreamsPaul Sheaffer 02/12/21 0.5 Update call with K&EPaul Sheaffer 02/12/21 0.5 Call with creditor advisorPaul Sheaffer 02/13/21 1.0 Review of financial analysisPaul Sheaffer 02/16/21 0.5 Call with management and advisors re: various workstreamsPaul Sheaffer 02/16/21 1.0 Diligence call with creditor advisorPaul Sheaffer 02/17/21 1.0 Internal call re: financial analysisPaul Sheaffer 02/17/21 0.5 Internal call re: various workstreamsPaul Sheaffer 02/17/21 1.0 Call with K&E and A&M re: case workstreamsPaul Sheaffer 02/17/21 0.5 Call with creditor advisors re: planPaul Sheaffer 02/18/21 0.5 Update call with management and advisorsPaul Sheaffer 02/19/21 0.5 Call with company re: financial analysisPaul Sheaffer 02/19/21 0.5 Call with creditor advisorsPaul Sheaffer 02/19/21 1.0 Call with UCC advisorsPaul Sheaffer 02/19/21 0.5 Call with creditorPaul Sheaffer 02/19/21 1.0 Review of financial analysisPaul Sheaffer 02/22/21 0.5 Call with K&E and A&M re: case workstreamsPaul Sheaffer 02/22/21 0.5 Call with company re: financial analysisPaul Sheaffer 02/23/21 0.5 Update call with management and advisorsPaul Sheaffer 02/23/21 0.5 Call with potential financing counterpartyPaul Sheaffer 02/23/21 1.0 Internal call re: financial analysisPaul Sheaffer 02/24/21 0.5 Call with K&E and A&M re: case workstreamsPaul Sheaffer 02/24/21 0.5 Internal call re: financial analysisPaul Sheaffer 02/24/21 0.5 Call with K&E re: scenario analysisPaul Sheaffer 02/25/21 1.0 Review of financial analysisPaul Sheaffer 02/25/21 0.5 Update call with management and advisorsPaul Sheaffer 02/25/21 1.0 Internal call re: financial analysisPaul Sheaffer 02/25/21 1.0 Call with K&E re: case workstreamsPaul Sheaffer 02/26/21 0.5 Internal call re: financial analysisPaul Sheaffer 02/26/21 0.5 Call with K&E and A&M re: case workstreamsPaul Sheaffer 02/26/21 0.5 Diligence call with creditor advisorPaul Sheaffer 02/27/21 1.0 Call with K&E re: case workstreamsPaul Sheaffer 02/27/21 0.5 Internal call re: financial analysisPaul Sheaffer 02/27/21 1.0 Call with creditor advisorsPaul Sheaffer 02/27/21 1.5 Review of financial analysis

Page 7 of 23





54.0

Page 8 of 23





Justin Costello 02/23/21 0.5 Call with potential financing counterparty0.5

Page 9 of 23





Joseph Terry 02/11/21 0.5 Internal prep callJoseph Terry 02/11/21 0.5 Call with creditor advisors re: financial analysisJoseph Terry 02/16/21 1.0 Diligence call with creditor advisorJoseph Terry 02/23/21 1.0 Internal call re: financial analysisJoseph Terry 02/24/21 0.5 Call with K&E re: scenario analysisJoseph Terry 02/25/21 1.0 Internal call re: financial analysisJoseph Terry 02/27/21 1.0 Call with creditor advisors

5.5

Page 10 of 23





Leah Lakarosky 02/01/21 0.5 Internal call re: financial analysisLeah Lakarosky 02/01/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 02/01/21 3.0 Financial analysisLeah Lakarosky 02/01/21 0.5 Internal call re: various workstreamsLeah Lakarosky 02/01/21 0.5 Call with K&E and A&M re: financial analysisLeah Lakarosky 02/01/21 0.5 Call with creditor advisors re: term sheetLeah Lakarosky 02/01/21 0.5 Review of presentation materialsLeah Lakarosky 02/01/21 0.5 Call with special committee advisors re: financial analysisLeah Lakarosky 02/02/21 0.5 Call with management and advisors re: various workstreamsLeah Lakarosky 02/02/21 0.5 Call with creditor advisors re: term sheetLeah Lakarosky 02/02/21 0.5 Call with UCC advisor re: financial analysisLeah Lakarosky 02/02/21 1.0 Review of financial analysisLeah Lakarosky 02/03/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 02/03/21 0.5 Call with creditor advisor re: financial analysisLeah Lakarosky 02/03/21 1.5 Review of financial analysisLeah Lakarosky 02/04/21 0.5 Call with management and advisors re: various workstreamsLeah Lakarosky 02/04/21 1.0 Review of financial analysisLeah Lakarosky 02/05/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 02/05/21 0.5 Internal call re: financial analysisLeah Lakarosky 02/05/21 0.5 Call with management re: financial analysisLeah Lakarosky 02/05/21 0.5 Call with K&E re: financial analysisLeah Lakarosky 02/05/21 1.5 Review of financial analysisLeah Lakarosky 02/05/21 0.5 Call with K&E re: financial analysisLeah Lakarosky 02/05/21 0.5 Call with K&E re: presentation materialsLeah Lakarosky 02/05/21 0.5 Review of presentation materialsLeah Lakarosky 02/06/21 1.0 Financial analysisLeah Lakarosky 02/07/21 1.0 Call with K&E and A&M re: financial analysisLeah Lakarosky 02/07/21 1.5 Financial analysisLeah Lakarosky 02/07/21 0.5 Creditor diligenceLeah Lakarosky 02/07/21 1.0 Call with creditor advisors re: term sheetLeah Lakarosky 02/07/21 1.0 Call with K&E and A&M re: financial analysisLeah Lakarosky 02/08/21 0.5 Internal call re: various workstreamsLeah Lakarosky 02/08/21 1.0 Call with management and advisors re: various workstreamsLeah Lakarosky 02/08/21 0.5 Diligence call with special committee advisorsLeah Lakarosky 02/08/21 0.5 Internal call re: financial analysisLeah Lakarosky 02/08/21 1.0 Review of filing documentsLeah Lakarosky 02/08/21 1.0 Call with K&E re: term sheets

Page 11 of 23





Leah Lakarosky 02/08/21 0.5 Financial analysisLeah Lakarosky 02/08/21 1.0 Call with management and advisors re: term sheetsLeah Lakarosky 02/08/21 0.5 Call with A&M re: financial analysisLeah Lakarosky 02/09/21 0.5 Internal call re: filing documentsLeah Lakarosky 02/09/21 0.5 Call with management and advisors re: various workstreamsLeah Lakarosky 02/09/21 0.5 Call with A&M re: financial analysisLeah Lakarosky 02/09/21 2.0 Preparation and review of financial analysisLeah Lakarosky 02/09/21 0.5 Call with advisors re: financial analysisLeah Lakarosky 02/09/21 1.0 Call with K&E and A&M re: financial analysisLeah Lakarosky 02/09/21 0.5 Call with management re: financial analysisLeah Lakarosky 02/09/21 0.5 Call with creditor advisors re: term sheetLeah Lakarosky 02/09/21 0.5 Call with A&M re: financial analysisLeah Lakarosky 02/09/21 0.5 Call with K&E re: financial analysisLeah Lakarosky 02/09/21 1.0 Call with A&M re: financial analysisLeah Lakarosky 02/10/21 1.0 Call with management and advisors re: term sheetsLeah Lakarosky 02/10/21 0.5 Call with creditors and advisors re: term sheetLeah Lakarosky 02/10/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 02/10/21 1.0 Preparation of presentation materialsLeah Lakarosky 02/10/21 0.5 Call with special committee advisors re: financial analysisLeah Lakarosky 02/10/21 0.5 Call with company and K&E re: case workstreamsLeah Lakarosky 02/10/21 0.5 Review of financial analysisLeah Lakarosky 02/10/21 1.0 Internal call re: financial analysisLeah Lakarosky 02/10/21 1.0 Call with K&E re: term sheetsLeah Lakarosky 02/10/21 1.0 Call with A&M and K&E re: financial analysisLeah Lakarosky 02/10/21 0.5 Call with management and advisors re: term sheetsLeah Lakarosky 02/11/21 0.5 Update call with company and advisorsLeah Lakarosky 02/11/21 2.0 Call with management and advisors re: financial analysisLeah Lakarosky 02/11/21 0.5 Call with A&M and K&E re: financial analysisLeah Lakarosky 02/11/21 0.5 Internal call re: financial analysisLeah Lakarosky 02/11/21 0.5 Call with management re: financial analysisLeah Lakarosky 02/11/21 2.5 Preparation and review of documentationLeah Lakarosky 02/11/21 0.5 Update call with company and advisorsLeah Lakarosky 02/11/21 0.5 Internal prep callLeah Lakarosky 02/11/21 0.5 Call with creditor advisors re: financial analysisLeah Lakarosky 02/11/21 0.5 Call with advisors re: plan documentsLeah Lakarosky 02/12/21 0.5 Call with advisors re: plan documentsLeah Lakarosky 02/12/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 02/12/21 0.5 Internal call re: various workstreams

Page 12 of 23





Leah Lakarosky 02/12/21 0.5 Update call with K&ELeah Lakarosky 02/12/21 0.5 Call with creditor advisorLeah Lakarosky 02/12/21 0.5 Internal update callLeah Lakarosky 02/12/21 0.5 Diligence call with creditor advisorLeah Lakarosky 02/12/21 1.0 Diligence call with UCC advisorsLeah Lakarosky 02/13/21 0.5 Email correspondenceLeah Lakarosky 02/15/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 02/15/21 0.5 Diligence call with creditor advisorLeah Lakarosky 02/16/21 0.5 Call with management and advisors re: various workstreamsLeah Lakarosky 02/16/21 1.0 Diligence call with creditor advisorLeah Lakarosky 02/16/21 0.5 Call with market participantLeah Lakarosky 02/16/21 0.5 Email correspondenceLeah Lakarosky 02/17/21 1.0 Internal call re: financial analysisLeah Lakarosky 02/17/21 0.5 Internal call re: various workstreamsLeah Lakarosky 02/17/21 1.0 Call with K&E and A&M re: case workstreamsLeah Lakarosky 02/17/21 0.5 Update call with company and advisorsLeah Lakarosky 02/17/21 1.5 Review of presentation materialsLeah Lakarosky 02/17/21 0.5 Call with creditor advisors re: planLeah Lakarosky 02/17/21 1.5 Call with A&M and K&E re: financial analysisLeah Lakarosky 02/18/21 0.5 Update call with management and advisorsLeah Lakarosky 02/18/21 0.5 Call with company advisors re: financial analysisLeah Lakarosky 02/19/21 0.5 Call with company re: financial analysisLeah Lakarosky 02/19/21 0.5 Call with creditor advisorsLeah Lakarosky 02/19/21 0.5 Review of financial analysisLeah Lakarosky 02/19/21 1.0 Call with UCC advisorsLeah Lakarosky 02/22/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 02/22/21 0.5 Preparation of financial reportLeah Lakarosky 02/22/21 0.5 Call with market participantLeah Lakarosky 02/22/21 0.5 Call with company re: financial analysisLeah Lakarosky 02/23/21 0.5 Update call with management and advisorsLeah Lakarosky 02/23/21 0.5 Diligence call with UCC advisorsLeah Lakarosky 02/23/21 0.5 Call with potential financing counterpartyLeah Lakarosky 02/23/21 1.0 Internal call re: financial analysisLeah Lakarosky 02/23/21 1.0 Review of financial analysisLeah Lakarosky 02/24/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 02/24/21 0.5 Update call with company and advisorsLeah Lakarosky 02/24/21 0.5 Internal call re: financial analysisLeah Lakarosky 02/24/21 0.5 Call with K&E re: scenario analysis

Page 13 of 23





Leah Lakarosky 02/25/21 0.5 Update call with management and advisorsLeah Lakarosky 02/25/21 0.5 Diligence call with creditor advisorsLeah Lakarosky 02/25/21 0.5 Call with company re: financial analysisLeah Lakarosky 02/25/21 0.5 Call with market participantLeah Lakarosky 02/25/21 1.0 Internal call re: financial analysisLeah Lakarosky 02/25/21 1.0 Call with K&E re: case workstreamsLeah Lakarosky 02/26/21 0.5 Internal call re: financial analysisLeah Lakarosky 02/26/21 0.5 Call with A&M re: financial analysisLeah Lakarosky 02/26/21 0.5 Call with K&E and A&M re: case workstreamsLeah Lakarosky 02/26/21 0.5 Diligence call with creditor advisorLeah Lakarosky 02/26/21 1.0 Review of presentation materialsLeah Lakarosky 02/27/21 1.0 Call with K&E re: case workstreamsLeah Lakarosky 02/27/21 0.5 Internal call re: financial analysisLeah Lakarosky 02/27/21 0.5 Internal call re: financial analysisLeah Lakarosky 02/27/21 0.5 Review of presentation materials

90.5

Page 14 of 23





Mark Reynolds 02/12/21 0.5 Internal update callMark Reynolds 02/16/21 1.0 Diligence call with creditor advisorMark Reynolds 02/23/21 1.0 Internal call re: financial analysisMark Reynolds 02/25/21 1.0 Internal call re: financial analysis

3.5

Page 15 of 23





Meaghan Kelly 02/01/21 0.5 Internal call re: financial analysisMeaghan Kelly 02/01/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 02/01/21 0.5 Internal call re: various workstreamsMeaghan Kelly 02/01/21 0.5 Call with K&E and A&M re: financial analysisMeaghan Kelly 02/01/21 0.5 Call with creditor advisors re: term sheetMeaghan Kelly 02/01/21 0.5 Call with management and advisors re: term sheetMeaghan Kelly 02/01/21 0.5 Call with special committee advisors re: financial analysisMeaghan Kelly 02/01/21 5.0 Financial analysisMeaghan Kelly 02/01/21 1.0 SchedulingMeaghan Kelly 02/02/21 0.5 Call with management and advisors re: various workstreamsMeaghan Kelly 02/02/21 0.5 Call with creditor advisors re: term sheetMeaghan Kelly 02/02/21 0.5 Call with UCC advisor re: financial analysisMeaghan Kelly 02/02/21 6.0 Financial analysisMeaghan Kelly 02/02/21 0.5 SchedulingMeaghan Kelly 02/03/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 02/03/21 0.5 Call with creditor advisor re: financial analysisMeaghan Kelly 02/03/21 8.0 Financial analysisMeaghan Kelly 02/03/21 0.5 SchedulingMeaghan Kelly 02/04/21 0.5 Call with management and advisors re: various workstreamsMeaghan Kelly 02/04/21 3.0 Financial analysisMeaghan Kelly 02/05/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 02/05/21 0.5 Internal call re: financial analysisMeaghan Kelly 02/05/21 0.5 Creditor diligenceMeaghan Kelly 02/05/21 2.0 Financial analysisMeaghan Kelly 02/06/21 0.5 Email correspondenceMeaghan Kelly 02/07/21 1.0 Review of legal documentsMeaghan Kelly 02/07/21 0.5 Email correspondenceMeaghan Kelly 02/07/21 1.0 Financial analysisMeaghan Kelly 02/08/21 0.5 Internal call re: various workstreamsMeaghan Kelly 02/08/21 1.0 Call with management and advisors re: various workstreamsMeaghan Kelly 02/08/21 0.5 Diligence call with special committee advisorsMeaghan Kelly 02/08/21 0.5 Internal call re: financial analysisMeaghan Kelly 02/08/21 1.0 Call with K&E re: term sheetsMeaghan Kelly 02/08/21 0.5 Internal call re: financial analysisMeaghan Kelly 02/08/21 1.0 Call with management and advisors re: term sheetsMeaghan Kelly 02/08/21 0.5 Internal call re: term sheetMeaghan Kelly 02/08/21 0.5 Scheduling

Page 16 of 23





Meaghan Kelly 02/08/21 5.0 Financial analysisMeaghan Kelly 02/09/21 0.5 Call with management and advisors re: various workstreamsMeaghan Kelly 02/09/21 0.5 Call with A&M re: financial analysisMeaghan Kelly 02/09/21 0.5 Call with creditor advisor re: financial analysisMeaghan Kelly 02/09/21 8.0 Financial analysisMeaghan Kelly 02/10/21 1.0 Call with management and advisors re: term sheetsMeaghan Kelly 02/10/21 0.5 Call with creditors and advisors re: term sheetMeaghan Kelly 02/10/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 02/10/21 0.5 Call with special committee advisors re: financial analysisMeaghan Kelly 02/10/21 0.5 Call with company and K&E re: case workstreamsMeaghan Kelly 02/10/21 1.0 Internal call re: financial analysisMeaghan Kelly 02/10/21 0.5 Call with K&E re: term sheetsMeaghan Kelly 02/10/21 1.0 Call with A&M and K&E re: financial analysisMeaghan Kelly 02/10/21 7.0 Financial analysisMeaghan Kelly 02/11/21 0.5 Update call with company and advisorsMeaghan Kelly 02/11/21 2.0 Call with management and advisors re: financial analysisMeaghan Kelly 02/11/21 0.5 Call with advisors re: plan documentsMeaghan Kelly 02/11/21 8.5 Financial analysisMeaghan Kelly 02/12/21 0.5 Call with advisors re: plan documentsMeaghan Kelly 02/12/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 02/12/21 0.5 Internal call re: various workstreamsMeaghan Kelly 02/12/21 0.5 Update call with K&EMeaghan Kelly 02/12/21 0.5 Internal update callMeaghan Kelly 02/12/21 0.5 Call with creditor advisor re: financial analysisMeaghan Kelly 02/12/21 0.5 Call with A&M re: financial analysisMeaghan Kelly 02/12/21 3.0 Financial analysisMeaghan Kelly 02/13/21 4.0 Financial analysisMeaghan Kelly 02/13/21 1.0 Email correspondenceMeaghan Kelly 02/14/21 0.5 Financial analysisMeaghan Kelly 02/15/21 0.5 SchedulingMeaghan Kelly 02/15/21 0.5 Financial analysisMeaghan Kelly 02/16/21 1.0 Diligence call with creditor advisorMeaghan Kelly 02/16/21 0.5 Call with market participantMeaghan Kelly 02/16/21 1.0 Financial analysisMeaghan Kelly 02/17/21 1.0 Internal call re: financial analysisMeaghan Kelly 02/17/21 0.5 Internal call re: various workstreamsMeaghan Kelly 02/17/21 1.0 Call with K&E and A&M re: case workstreamsMeaghan Kelly 02/17/21 0.5 Call with creditor advisors re: plan

Page 17 of 23





Meaghan Kelly 02/17/21 1.5 Call with A&M and K&E re: financial analysisMeaghan Kelly 02/17/21 0.5 Financial analysisMeaghan Kelly 02/18/21 0.5 Update call with management and advisorsMeaghan Kelly 02/18/21 1.5 Financial analysisMeaghan Kelly 02/19/21 0.5 Call with creditor advisorsMeaghan Kelly 02/19/21 1.0 Call with UCC advisorsMeaghan Kelly 02/19/21 6.0 Financial analysisMeaghan Kelly 02/19/21 0.5 Call with company re: financial analysisMeaghan Kelly 02/19/21 2.0 Creditor diligenceMeaghan Kelly 02/22/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 02/22/21 0.5 Call with company re: financial analysisMeaghan Kelly 02/23/21 0.5 Update call with management and advisorsMeaghan Kelly 02/23/21 0.5 Diligence call with UCC advisorsMeaghan Kelly 02/23/21 0.5 Call with potential financing counterpartyMeaghan Kelly 02/23/21 1.0 Internal call re: financial analysisMeaghan Kelly 02/23/21 0.5 Creditor diligenceMeaghan Kelly 02/24/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 02/24/21 2.0 SchedulingMeaghan Kelly 02/24/21 0.5 Internal call re: financial analysisMeaghan Kelly 02/24/21 0.5 Call with K&E re: scenario analysisMeaghan Kelly 02/24/21 0.5 Creditor diligenceMeaghan Kelly 02/25/21 0.5 Update call with management and advisorsMeaghan Kelly 02/25/21 0.5 Call with company and advisors re: analysisMeaghan Kelly 02/25/21 0.5 Call with company re: financial analysisMeaghan Kelly 02/25/21 0.5 Call with market participantMeaghan Kelly 02/25/21 1.0 Internal call re: financial analysisMeaghan Kelly 02/25/21 5.0 Financial analysisMeaghan Kelly 02/26/21 0.5 Call with K&E and A&M re: case workstreamsMeaghan Kelly 02/26/21 0.5 Diligence call with creditor advisorMeaghan Kelly 02/26/21 4.0 Financial analysisMeaghan Kelly 02/26/21 0.5 Call with creditor advisor re: financial analysisMeaghan Kelly 02/27/21 1.0 Call with K&E re: case workstreamsMeaghan Kelly 02/27/21 0.5 Internal call re: financial analysisMeaghan Kelly 02/27/21 0.5 Internal call re: financial analysisMeaghan Kelly 02/27/21 2.0 Financial analysisMeaghan Kelly 02/28/21 3.0 Financial analysis

142.5

Page 18 of 23





Lou Colagreco 02/12/21 0.5 Internal update callLou Colagreco 02/16/21 1.0 Diligence call with creditor advisorLou Colagreco 02/23/21 1.0 Internal call re: financial analysisLou Colagreco 02/25/21 1.0 Internal call re: financial analysis

3.5

Page 19 of 23





Leslie Wang 02/01/21 0.5 Internal call re: financial analysisLeslie Wang 02/01/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 02/01/21 0.5 Internal call re: various workstreamsLeslie Wang 02/01/21 0.5 Call with K&E and A&M re: financial analysisLeslie Wang 02/01/21 0.5 Call with creditor advisors re: term sheetLeslie Wang 02/01/21 0.5 Call with management and advisors re: term sheetLeslie Wang 02/01/21 0.5 Call with special committee advisors re: financial analysisLeslie Wang 02/01/21 5.0 Financial analysisLeslie Wang 02/01/21 1.0 AdminLeslie Wang 02/02/21 0.5 Call with management and advisors re: various workstreamsLeslie Wang 02/02/21 0.5 Call with creditor advisors re: term sheetLeslie Wang 02/02/21 0.5 Call with UCC advisor re: financial analysisLeslie Wang 02/02/21 5.0 Preparing presentation materials Leslie Wang 02/02/21 1.0 AdminLeslie Wang 02/03/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 02/03/21 0.5 Call with creditor advisor re: financial analysisLeslie Wang 02/03/21 5.0 Financial analysisLeslie Wang 02/03/21 0.5 AdminLeslie Wang 02/04/21 0.5 Call with management and advisors re: various workstreamsLeslie Wang 02/04/21 3.0 Financial analysisLeslie Wang 02/05/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 02/05/21 0.5 Internal call re: financial analysisLeslie Wang 02/05/21 0.5 Creditor diligenceLeslie Wang 02/05/21 5.0 Financial analysisLeslie Wang 02/06/21 2.0 Financial analysisLeslie Wang 02/07/21 2.0 Financial analysisLeslie Wang 02/08/21 0.5 Internal call re: various workstreamsLeslie Wang 02/08/21 1.0 Call with management and advisors re: various workstreamsLeslie Wang 02/08/21 0.5 Diligence call with special committee advisorsLeslie Wang 02/08/21 0.5 Internal call re: financial analysisLeslie Wang 02/08/21 1.0 Call with K&E re: term sheetsLeslie Wang 02/08/21 0.5 Internal call re: financial analysisLeslie Wang 02/08/21 1.0 Call with management and advisors re: term sheetsLeslie Wang 02/08/21 0.5 Internal call re: term sheetLeslie Wang 02/08/21 1.5 Email correspondenceLeslie Wang 02/08/21 6.0 Financial analysisLeslie Wang 02/09/21 0.5 Call with management and advisors re: various workstreams

Page 20 of 23





Leslie Wang 02/09/21 0.5 Call with A&M re: financial analysisLeslie Wang 02/09/21 0.5 Call with creditor advisor re: financial analysisLeslie Wang 02/09/21 1.5 Email correspondenceLeslie Wang 02/09/21 7.0 Financial analysisLeslie Wang 02/10/21 1.0 Call with management and advisors re: term sheetsLeslie Wang 02/10/21 0.5 Call with creditors and advisors re: term sheetLeslie Wang 02/10/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 02/10/21 0.5 Call with special committee advisors re: financial analysisLeslie Wang 02/10/21 0.5 Call with company and K&E re: case workstreamsLeslie Wang 02/10/21 1.0 Internal call re: financial analysisLeslie Wang 02/10/21 0.5 Call with K&E re: term sheetsLeslie Wang 02/10/21 1.0 Call with A&M and K&E re: financial analysisLeslie Wang 02/10/21 6.0 Financial analysisLeslie Wang 02/10/21 1.5 Email correspondenceLeslie Wang 02/11/21 0.5 Update call with company and advisorsLeslie Wang 02/11/21 2.0 Call with management and advisors re: financial analysisLeslie Wang 02/11/21 0.5 Call with advisors re: plan documentsLeslie Wang 02/11/21 5.0 Financial analysisLeslie Wang 02/12/21 0.5 Call with advisors re: plan documentsLeslie Wang 02/12/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 02/12/21 4.0 Financial analysisLeslie Wang 02/12/21 0.5 Internal call re: various workstreamsLeslie Wang 02/12/21 0.5 Update call with K&ELeslie Wang 02/12/21 0.5 Internal update callLeslie Wang 02/12/21 0.5 Call with creditor advisor re: financial analysisLeslie Wang 02/15/21 1.5 Email correspondenceLeslie Wang 02/16/21 1.0 Diligence call with creditor advisorLeslie Wang 02/16/21 0.5 Call with market participantLeslie Wang 02/16/21 2.0 AdminLeslie Wang 02/16/21 3.0 Financial analysisLeslie Wang 02/17/21 1.0 Internal call re: financial analysisLeslie Wang 02/17/21 0.5 Internal call re: various workstreamsLeslie Wang 02/17/21 1.0 Call with K&E and A&M re: case workstreamsLeslie Wang 02/17/21 0.5 Call with creditor advisors re: planLeslie Wang 02/17/21 1.5 Call with A&M and K&E re: financial analysisLeslie Wang 02/18/21 0.5 Update call with management and advisorsLeslie Wang 02/19/21 0.5 Call with creditor advisorsLeslie Wang 02/19/21 1.0 Call with UCC advisors

Page 21 of 23





Leslie Wang 02/19/21 4.0 Financial analysisLeslie Wang 02/19/21 0.5 Call with company re: financial analysisLeslie Wang 02/22/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 02/22/21 0.5 Call with company re: financial analysisLeslie Wang 02/23/21 0.5 Update call with management and advisorsLeslie Wang 02/23/21 0.5 Diligence call with UCC advisorsLeslie Wang 02/23/21 0.5 Call with potential financing counterpartyLeslie Wang 02/23/21 1.0 Internal call re: financial analysisLeslie Wang 02/23/21 1.5 Email correspondenceLeslie Wang 02/23/21 3.0 Financial analysisLeslie Wang 02/24/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 02/24/21 0.5 Internal call re: financial analysisLeslie Wang 02/24/21 0.5 Call with K&E re: scenario analysisLeslie Wang 02/25/21 0.5 Update call with management and advisorsLeslie Wang 02/25/21 0.5 Call with company and advisors re: analysisLeslie Wang 02/25/21 0.5 Call with company re: financial analysisLeslie Wang 02/25/21 0.5 Call with market participantLeslie Wang 02/25/21 1.0 Internal call re: financial analysisLeslie Wang 02/26/21 1.0 Email correspondenceLeslie Wang 02/26/21 0.5 Call with K&E and A&M re: case workstreamsLeslie Wang 02/26/21 0.5 Diligence call with creditor advisorLeslie Wang 02/26/21 2.0 Financial analysisLeslie Wang 02/27/21 1.0 Call with K&E re: case workstreamsLeslie Wang 02/27/21 0.5 Internal call re: financial analysisLeslie Wang 02/27/21 0.5 Internal call re: financial analysisLeslie Wang 02/27/21 8.0 Financial analysis

134.0

Page 22 of 23





Andrew Karchmer 02/12/21 0.5 Internal update callAndrew Karchmer 02/16/21 1.0 Diligence call with creditor advisorAndrew Karchmer 02/23/21 1.0 Internal call re: financial analysisAndrew Karchmer 02/25/21 1.0 Internal call re: financial analysis

3.5

Page 23 of 23


APPENDIX D


Appendix DSale Transaction Fee

Cash Purchase Price $400,000,000.00

(+) Satellite Capacity Leases1$204,522,332.85

Total Transaction Value $604,522,332.85(x) 1.0% Sale Transaction Fee for Transaction Value up to $1.0bn 1.00%Sale Transaction Fee to PJT Partners $6,045,223.33(-) Voluntary Reduction to Sale Transaction Fee ($1,045,223.33)Agreed Sale Transaction Fee to PJT Partners $5,000,000.00

1. Reflects the NPV of satellite capacity lease payments for 2021-2023 (notwithstanding that the obligations continue thereafter).


Documents

Case 20-32299-KLP Doc 2098 Filed 04/23/21 Entered 04/23/21