QAL TRIGGERING EVENT

QAL TRIGGERING EVENT. Means (y) a sale of (a) the ownership interests in QAL owned by KAAC and KACC, (b) certain bauxite and alumina inventory held at QAL owned by KAAC and (c) certain contracts, rights and interests relating to QAL (the "QAL Sale") or (z) the effective date of a confirmed separate standalone plan of reorganization for KAAC, which plan provides for cash payments to KACC upon such consummation in the amounts set forth in Section 4.2.c.i, 10.1.c and 10.1.d.