Intercompany claims and intercompany interests shall be reinstated. Existing Preferred Equity Interests hall be canceled, released and extinguished and each of the Holders thereof shall receive its Pro Rata share of the Equity Distribution being allocated to Holders of Existing Preferred Equity Interests. Existing Common Equity Interests, Existing PREIT Associates LP Interests and Section 510(b) Claims shall be extinguished and canceled without any distribution.