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Paul has been a director of the company since June 14, 2000. He is also president and a director of Lexington. Mr. Kosacz began his professional career in New York in September 1976 as an associate with the law firm of Kelley Drye & Warren, where he specialized in securities law, mergers and acquisitions, banking and international finance. From June 1984 until May 1987, he headed the corporate department at the Washington, D.C. law firm of Fleischman and Walsh, P.C., telecommunications specialists, and handled a wide variety of transactional work for the firm’s cable television and wireless telephony clients, including acquisitions, private placements and public offerings. From June 1987 until August 1989, he consulted with several private placement investment syndicators in Los Angeles, assisting them with transactional work and in preparing offering materials in connection with their funding efforts. From November 1988 to February 1990, Mr. Kosacz also served as the head of business affairs and a member of the board of directors of The Robert Evans Company, an independent motion picture production company headquartered in Beverly Hills, California. Beginning in 1990, Mr. Kosacz began consulting independently with persons interested in raising capital for start-up ventures, especially in the telecommunications, media and information technology arenas, advising them on transaction structure, the preparation of offering materials and potential sources of capital. He also has invested for his own account in several start-up companies, mainly in the telecommunications and information technology fields. Mr. Kosacz received a B.A. degree from Yale University in History, where he graduated Phi Beta Kappa, Magna cum Laude with honors, and a J.D. degree from the University of Pennsylvania School of Law. He is a member in good standing of the New York, California and District of Columbia bars. | 