ARTHUR GONZALEZ, Bankruptcy Judge
Enron Corp. and its affiliated debtor entities (collectively, "Enron"), the Official Committee of Unsecured Creditors (the "Committee"), and State Street Bank and Trust Company ("State Street"), as the independent fiduciary for three of Enron's employee-benefit plans, the Enron Corp. Savings Plan, the Enron Corp. Employee Stock Ownership Plan, and the Enron Corp. Cash Balance Plan (the "Benefit Plans"), hereby stipulate and agree as follows:
RECITALS:
A. Commencing on December 2, 2001 and periodically thereafter, each of Enron and certain of its affiliates (collectively, the "Debtors") filed a voluntary petition for relief pursuant to chapter 11 of title 11 of the United States Code (the "Bankruptcy Code").
B. Pursuant to an order of the Court, dated July 15, 2004 (the "Confirmation Order"), the Court confirmed the Supplemental Modified Fifth Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of the United States Bankruptcy Code, dated July 2, 2004 (the "Chapter 11 Plan").
C. Pursuant to the Chapter 11 Plan and the Confirmation Order, the Effective Date (as defined in the Chapter 11 Plan) occurred on November 17, 2004.
D. Notice of the Effective Date and of a deadline of January 18, 2005 (pursuant to FRBP 9006(a)) for the filing of administrative-expense claims (the "1/18/05 Deadline" was given by Notice of Occurrence of Effective Date and Deadline for the Filing of Claims for Administrative Expense Claims ("Notice of Effective Date and Deadline").
E. Enron, the Committee, and State Street have reached, subject to documentation and certain approvals, a global settlement of all issues outstanding between them.
F. Reference is made to (a) that certain term sheet, executed on or about January 3, 2005 (the "Term Sheet"), by and among the signatories to this Further Stipulation and certain other parties, and (b) that certain Agreement Extending Term Sheet for Resolution [of] Tittle Action, DOL Action and Related Litigation, executed on or about April 22, 2005, by the same parties (the "Agreement to Extend"; the Term Sheet together with the Agreement to Extend being hereinafter referred to as the "Extended Term Sheet"). The Extended Term Sheet provides a deadline of July 15, 2005, for the obtaining of certain approval orders from this Court and from the U.S. District Court for the Southern District of Texas (Houston Division) regarding the global settlement referred to in Recital E above (the "Approval Orders"), such July 15, 2005 deadline being subject to the rights of the parties to the Extended Term Sheet to agree to a further extension thereof (such July 15, 2005 deadline as the same may be extended being hereinafter referred to as the "Term Sheet Deadline").
G. In order to avoid the incurrence of additional expenses pending documentation and approval of the global settlement referred to in Recital E above, the parties previously agreed to an extension (see Docket No. 23005) of the 1/18/05 Deadline to April 30, 2005 (the "4/30/05 Deadline"), and now, for the same reason, the parties agree to an extension of the 4/30/05 Deadline, subject to the provisions set forth herein.
NOW, THEREFORE, Enron, the Committee, and State Street hereby agree as follows:
AGREEMENT
1. Notwithstanding the provisions of the Plan, the Confirmation Order, and the Notice of Effective Date and Deadline, the period within which State Street may file for allowance and payment of its administrative expense claims ("State Street Administrative Expense Claim") (excluding any claims by State Street's counsel for legal fees and related expenses, as provided in paragraph 3 below) is hereby extended up to and including the 45th day (or the first business day after such 45th day) after the occurrence of the then-effective Term Sheet Deadline without entry of the Approval Orders.
2. The parties may by unanimous written consent agree upon a further extension of the deadline for the filing of the State Street Administrative Expense Claim.
3. This extension does not apply to any administrative — expense claim required to be filed by any law firm representing State Street in its capacity as independent fiduciary for the Benefit Plans.
So ORDERED.