1993-01-18_GENERAL DOCUMENTS - C1981017 (2)

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which is voluntarily reduced by the claim holder to the sum of $10,000, excluding Class 10, 11 and 12 claims. 2.9 Class 9 -- General Unsecured Claims Exceeding 1$ 0,000. Class shall consist of each Allowed Claim which is not otherwise classified under the Plan. Class 9 specifically excludes any claim of Sanwa, the Class 5 reclamation claims, and the Class 6 environmental claims. Class 9 specifically includes all claims which are secured by consensual liens, judgment liens, mechanics ' liens, or other liens whose priority under state law is junior to Sanwa. 2. 10 Class 10 -- Pitkin Iron Corporation. Class 10 shall consist of all Allowed Claims of Pitkin Iron Corporation arising before the filing of the Case, whether direct or arising under principles of subrogation. 2. 11 Class 11 -- Former Shareholders. Class 11 shall consist of the Allowed Claims arising from the sale to the Debtor of the Debtor's common stock by former shareholders, including (i) Beverly Dyrness; (ii) Carl Strauss; and (iii) Joseph E. Harker, Ralph A. Harker, Jeanette Howcroft, Paul P. Harker, Virginia A. Woods, and Ralph A. Harker, Joseph E. Harker, and Idaho First National Bank, Boise, Idaho, as Trustees of the Virginia P. Harker Grandchildren Trust. 2. 12 Class 12 -- Mid-Continent Minerals and Related Persons. Class 12 shall consist of the Allowed Claims, whether direct or arising under principles of subrogation, of (i) Minerals; (ii) shareholders of Minerals, including Robert Delaney, John A. Reeves, Sr. , Donald J. Joyce, Sr. , Thomas E. Gibbs, and Leonard M. Ring; and (iii) subsidiaries and affiliates of Minerals, including Carbondale Mine Services. 2. 13 Class 13 -- Interests. Class 13 shall consist of the interest of Minerals as the 100% shareholder of the Debtor. ARTICLE III TREATMENT OF CLASSES WHICH ARE NOT IMPAIRED UNDER THE PLAN 3. 1 Class 1. The Plan leaves unaltered the legal, equitable, and contractual rights of the Class 1 claims (property taxes) . -7-