Lithium Technology Corporation, jointly with the Consenting Lenders, filed first amended plan of reorganization and related disclosure statement in the US Bankruptcy Court on June 12, 2015. As per the plan filed, Prepetition Judgement Secured Claims of $3.55 million will be paid in the form of debt in full satisfaction of the claim. Prepetition Convertible Note Claims of $12.14 million and general unsecured claims will receive the equity in full and final satisfaction or 50% in cash payment in two years from effective date.

The treatment of all other claims remains unchanged.