This excerpt taken from the MIR 8-K filed Jan 19, 2005.
(a) On the Effective Date, the Plan Trust will be created pursuant to the Plan Trust Declaration.
(b) The Plan Trust shall be administered by the Plan Trustees who shall be identified prior to the conclusion of the Confirmation Hearing. The appointment of the initial Plan Trustees and the terms of their compensation shall be subject to the approval of the Bankruptcy Court.
(c) During the period from the Confirmation Date to the Effective Date, the Debtors shall reimburse the Plan Trustees for actual and necessary out-of-pocket expenses incurred by them in preparing to assume their responsibilities under the Plan Trust Declaration in an aggregate amount not to exceed $50,000. On the Effective Date, New Mirant shall advance $2,500,000 to the Plan Trust to pay the reasonable costs and expenses associated with the administration of the Plan Trust. After the Effective Date, New Mirant shall have the obligation to advance funds to pay the reasonable costs and expenses associated with the administration of the Plan Trust up to an aggregate unreimbursed amount of $5,000,000 inclusive of New Mirants initial advancement on the Effective Date.