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(j) issuance of securities of the debtor for cash,
property or existing securities or in exchange for
claims, interests or any other appropriate purpose;
(vi) provide that any corporate debtor's charter prohibits
the issuance of nonvoting equity securities and
provides for the appropriate distribution of voting
power among the various classes of equity securities;
(vii) contain only provisions that are consistent with the
interests of creditors and equity security holders, and
with public policy with respect to the manner of
selection of any officer, director or trustee under the
plan; and
(viii) in the case of an individual debtor, provide for the
payment to creditors of all or such portion of earnings
from personal services performed by the debtor
postpetition, or other future income as is necessary for
execution of the plan.
11 U.S.C. ยง 1123(a).
5. Permissive Plan Provisions
In addition to the mandatory provisions described above, a
Chapter 11 plan may also:
(i) impair or leave unimpaired any class of claims or
interests;
(ii) provide for the assumption, rejection or assignment of
any executory contract or unexpired lease of the debtor
not previously rejected;
(iii) provide for:
(a) the settlement or adjustment of any claim or
interest belonging to the debtor or to the estate; or
