Commerce Partners, Inc. - Thomas A. Tarter

EDUCATION: University of California at Los Angeles, Bachelor of Science degree in Business, 1965. Santa Clara University, Master of Business Administration degree with a specialization in Finance, 1969

LECTURER: Mr. Tarter has been an instructor, panelist and guest lecturer for several professional organizations and institutions of higher education, including the following: American Institute of Banking, American Management Association, Los Angeles City College, United States Small Business Administration, University of Southern California, International Council of Shopping Centers, International Institute of Business and Banking, Orange County Bankruptcy Forum.

The Andela Consulting Group, Inc. ("Andela Consulting"), managed by Thomas A. Tarter, primarily engages in Business Reorganization Consulting, Financial Restructuring, and Expert Witness/Litigation Support. Andela Consulting has provided business reorganization, management and financial advise to numerous businesses. With more than thirty years experience as a banker and a consultant, Mr. Tarter brings to Andela Consulting extensive knowledge on how banks and related financial institutions operate. Andela Consulting has been involved in many matters which include: banking, cash controls and management; checking accounts, real estate lending including residential land acquisition, develop-ment and construction loans; commercial lending; corporate lending; credit cards; lender liability issues; letters of credit; loan commitments; bank and guaranty demands; consumer loans and shareholder and insider business and loan transac-tions.

Andela Consulting was formed in 1993 and since that time its associates have worked with many types of clients in a variety of areas. These include: (i) Sunshine Makers, Inc. d/b/a Simple Green to provide turnaround management and financial restructuring advise; (ii) Marin Outdoor, appointed as a director in connection with its financial restructuring and Chapter 11 proceedings; (iii) Oswell Self Storage to provide turnaround management and advisory services to a Chapter 11 debtor; (iv) A California Bank to provide litigation consultation regarding lending industry customs, standards and practices involving loan commitments; (v) Monarch Bank to provide expert testimony and litigation consultation regarding bank depository and IRA accounts; (vi) A large Nevada Real Estate Development Company to provide turnaround management and financial advise; (vii) Advanta National Bank to provide expert testimony and litigation consultation regarding credit card collection practices pertaining to business related credit card usage; (viii) A cosmetics company for trade debt renegotiation; (ix) A Viatical Service Company to provide expert testimony and litigation consultation regarding asset-based lending industry customs, standards and practices and lender liability issues; (x) A Financial Institution to provide expert testimony and litigation consultation regarding real estate loan restructuring, construction and permanent lending; (xi) Ford Motor Credit Corporation to provide expert testimony and litigation consultation regarding lender liability, collateral protection and creditor disclosure involving an energy production project; (xii) Developed a cash management and control system for multiple inter-related Chapter 11 debtors operating in several states including Hawaii; (xiii) First Alliance Mortgage Company, appointed during Bankruptcy proceeds; and (xix) Developed court approved business rehabilitation and marketing plans for a troubled bank.

Since 1993, Andela Consulting has provided business management and financial consulting services involving: (i) banking, (ii) corporate boards, (iii) banking, real estate and corporate finance, (iv) business reorganization, and (v) turnaround management services. The consulting and expert witness services of Andela Consulting involve the areas of: (i) Management - Interim & Turnaround; (ii) Expert Referral Network; (iii) Interest Rate Opinions; (iv) Business, loan and bankruptcy plan feasibility analysis - Operational & Financial; (v) Board of Directors - Membership & Consultation; and (vi) Debt & Equity Restructuring.

PROFESSIONAL EXPERIENCE: September 1993 - Present. The Andela Consulting Group, Inc., Managing Director Specializes in providing management, financial and advisory services involving corporate governance, management, compensation, financial and banking matters. Mr. Tarter has served on boards, assisted in corporate restructures and has provided advisory services to a diverse group of clients including corporations, law firms, financial institutions and governmental agencies including the United States Small Business Administration.

October 1985 - August 1993 - First Los Angeles Bank, Executive Vice President, Member of Officers Loan Committee During his association with First Los Angeles Bank, Mr. Tarter was responsible for supervising the bank's largest banking region and was involved in developing compensation and incentive programs, asset/liability management, development of policies and policies and procedures and strategic planning. Additional responsibilities included marketing, public relations mergers, acquisitions, development of non-traditional banking businesses such as mortgage banking division and an SBA loan department and development of policies and procedures.

November 1984 - September 1985 - Center National Bank, Director, President and Chief Executive Officer Recruited to administer a troubled financial institution. Developed programs to implement regulatory requirements and to constrict the bank's assets to adhere to capital constraints. Developed and implemented policies and procedures involving credit administration, personnel including compensation, termination, staff curtailment and recruitment.

January 1980 - October 1984 - Bank of Los Angeles, Organizer, Founding Director, President and Chief Executive Officer Responsible for organization and completion of two stock offerings, initial (1982) and secondary (1984), both of which were over subscribed. Responsible for the initial and ongoing organization of the bank as well as supervising its operations and growth. Negotiated the acquisition of the American City Bank - Beverly Hills from the Federal Deposit Insurance Corporation. Developed and implemented policies and procedures including compensation, personnel, credit and audit.

1977 - 1980 - First Los Angeles Bank, Regional Vice President and member of the bank's Officers Loan Committee

1976 - 1977 - Sanwa Bank of California, Vice President and Senior Credit Officer for Southern California and Member of Loan Committee Responsible for administering the bank's loan portfolio in Southern California including the implementation of policies, procedures and controls to monitor the bank's corporate, real estate and consumer loan activities.

1969 - 1975 - Lloyds Bank California, Vice President, Corporate and California Divisions Responsible for the administration and development of major corporate relationships. Developed new lending programs including acceptance and SBA financing. Additionally, Mr. Tarter was a founding organizer of Hancock Savings Bank. He shared responsibility for its formation and organization. He also co-organized and coordinated its initial stock offering.

TESTIMONY: Mr. Tarter has provided expert testimony at deposition and trial in municipal, state and federal courts as well as at arbitration. Clients included: Mobil Oil Corporation, Ford Motor Credit Corporation, Republic Bank, Sanwa Bank, Wells Fargo Bank, City of Oxnard, United States Small Business Administration, as well as individuals, partnerships and businesses.

BOARD MEMBERSHIPS AND BUSINESS AFFILIATIONS HAVE INCLUDED: Western States Bankcard Association Sunshine Makers, Inc. d/b/a Simple Green Commerce Partners Holiday World RV American Standard Development Company, Inc. BKLA Bancorp Los Angeles Bankruptcy Forum Los Angeles Business Council, member of Executive Committee Center Financial Loyola Marymount University Fine Arts/Film School Council Los Angeles Free Net, Inc. (Internet)

MEDIATOR: Mr. Tarter has also been appointed by the United States Bankruptcy Court - Central District of California to its panel of mediators.

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