Laserfiche WebLink
Case 1:20-bk-12043 Doc 107 Filed 07/27/20 Entered 07/27/20 15:07:21 Desc Main <br /> Document Page 8 of 13 <br /> TERMS OF RETENTION <br /> 20. Subject to approval by the Court, the Debtors propose to employ and retain <br /> Cambio to serve as the Debtors' restructuring advisor on the terms and conditions set forth in the <br /> Engagement Letter. <br /> 21. In accordance with the terms of the Engagement Letter, Cambio will receive a <br /> monthly fee for the services of the CRO of$100,000 per month ("Monthly Fee") payable as set <br /> forth in the Engagement Letter. Cambio may also be paid by the Debtors for the services of the <br /> Additional Personnel at their customary hourly billing rates which shall be subject to the <br /> following ranges. <br /> Restructuring Services <br /> (a) Senior Consultants $600 <br /> (b) Consultants $350 <br /> 22. Cambio will cooperate with the Debtors' claims agent to ensure that any services <br /> provided by Cambio's claims management personnel are not duplicative of work the claim agent <br /> retained by the Debtors is performing. <br /> 23. In addition to compensation for professional services rendered by Engagement <br /> Personnel, Cambio will seek reimbursement for reasonable and necessary expenses incurred in <br /> connection with these Chapter 11 Cases, including, but not limited to travel, lodging, and other <br /> customary charges. <br /> 24. As a material part of the consideration for which the Engagement Personnel have <br /> agreed to provide the services described herein, pursuant to the Engagement Letter (including the <br /> indemnification agreement attached to and made a part of the Engagement Letter (the <br /> "Indemnification Agreement"), the Debtors have agreed to indemnify and hold harmless the <br /> Engagement Personnel and Cambio, its affiliates and their respective shareholders, members, <br /> 8 <br />