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Reorganized Creditors' Committee may modify or change the form of <br />governance of each of the Reorganized Debtors. <br />10. Amenament. Upon application to and approval by the <br />Court, these provisions may be amended, modified, supplemented, <br />or interpreted. <br />11. Effective Date of Provisions. These provisions shall <br />be effective as of the Effective Date. From and after the <br />Effective Date the Reorganized Debtors shall be governed and <br />managed pursuant to the terms of these provisions. <br />Notwithstanding the foregoing, effective as of the Confirmation <br />Date the Reorganized Creditors' Committee shall be formed and <br />shall have the authority to undertake such actions and to make <br />such decisions as may be reasonably necessary to be in a position <br />to undertake its duties and responsibilities on the Effective <br />Dace. For example, the Reorganized Creditors' Committee shall be <br />authorized to negotiate an agreement with the Responsible Officer <br />and to engage professionals. In the event that the Plan does not <br />become effective within a reasonable time after the Confirmation <br />Date, then upon application to and approval by the Court, the <br />costs and expenses of the Reorganized Creditors' Committee shall <br />be paid from the estates of the Debtors. <br />12. Indemnification. To the ~Y~r+++*~ extent permitted by <br />law, the Reorganized Debtors shall indemnify the members of the <br />Reorganized Creditors' Committee, the former members of the <br />Reorganized Creditors' Committee, the Responsible Officer, sad <br />all foxaier Responsible Officers and shall hold them harmless from <br />-7- <br />