리처드 F. OBER, 주니어.

Rick Ober has over thirty years experience as a senior executive in a large financial institution and a small manufacturing start-up. His expertise includes banking and financial services, the full spectrum of commercial contracts, securities, mergers and acquisitions and dispositions, executive employment and termination, corporate governance including directors and officers insurance and indemnification, compliance, and not-for profit governance. He has extensive experience in selecting and managing outside counsel and creatively managing critical litigation.

Ober is currently Vice President and General Counsel of Isles, 주식, a nationally recognized community development and environmental organization founded in 1981 to foster more self-reliant families in healthy, sustainable communities.

Banking and Financial Services

Ober served as Executive Vice President, General Counsel and Secretary of Summit Bancorp., a NYSE, S&P 500 corporation, from 1975 에 2001. At the time of its acquisition by FleetBoston Financial in 2001, Summit was the 25th largest bank holding company in the U.S. Summit had five insurance agencies, two reinsurers, and subsidiaries engaged in securities brokerage, mutual fund advisory services (Pillar Funds®), investment banking, leasing, and asset-based lending, in addition to banks in New Jersey, Pennsylvania and Connecticut. The Summit Legal Department was ranked #1 by an employee survey for Internal Service Quality among all 26 lines of business and support, and also won the first New Jersey Corporate Counsel Association Diversity Award. 에 1998 Chief Executive Magazine named Summit Bancorp. as one of The 5 Best Boards in the U.S.

Mergers and Acquisitions

Ober led a legal team of 97, including 25 lawyers, in building the company from $2 billion to $39 billion through negotiation of 27 acquisitions and $5.5 billion of securities offerings. He developed and supervised the Summit Legal Department (practice groups in Corporate, Securities, Mergers and Acquisitions and Mutual Funds, Contracts and Information Technology, Consumer Banking and Defense Litigation, Commercial Loan Documentation and Commercial Loan Collection), the Office of the Corporate Secretary (including all Board of Directors, stock exchange and shareholder matters, insider trading monitoring and stock option and restricted stock administration) and the Compliance Department (Consumer, Mortgage, Commercial and Non-Deposit Investment Products practice groups). 그는 또한 6 년 동안 지역 사회 개발학과를 주도,,en,이 기간 동안 은행은 우수에 실패로부터 규제 평가를 제기,,en,그는 연간 내부 예산 관리,,en,백만 및 외부 법률 비용,,en,의 Ober은 은행 규제 기관과 광범위한 거래를했다,,en,연방 준비 제도 이사회와 뉴욕과 필라델피아 연방 준비 은행을 포함,,en,통화의 감사관,,en,연방 예금 보험 공사,,en,뉴저지와 펜실베니아 은행 부서 및,,en,등록 된 로비스트로이 법안에 포함 된 의견 및 규제 제안,,en,활동 및 인수의 확장을위한 응용 프로그램,,en,어려운 경제시기에,,en,관리 동의 명령,,en, during which the bank raised its regulatory rating from failing to Outstanding. He managed an annual internal budget of $12.5 million and external legal fees of $11 million.

Securities

Ober had extensive dealings with the banking regulatory bodies, including the Board of Governors of the Federal Reserve System and the New York and Philadelphia Federal Reserve Banks, the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the New Jersey and Pennsylvania Banking Departments. These included comments on legislation and regulatory proposals as a registered lobbyist, applications for expansion of activities and acquisitions, and, in difficult economic times, administrative consent orders. 그는 또한 증권 거래위원회 (SEC)와 뉴욕 증권 거래소와 인터페이스,,en,준비 및 프록시 제표의 제출의 참여와 것은 10-K 양식,,en,큐,,en,케이,,en,S-3,,en,S-8,,en,의 Ober는 1970 년대 후반에 자본을 재 구축하는 최초의 은행 원래의 문제 배당 재투자 계획을 시작,,en,그리고과 미국의에서 은행 지주 회사가 증권 회사의 두 번째 인수를 관리,,en,정상 회담에서,,en,그는 비즈니스 윤리 강령을 쓰고 차별과 관련된 모든 기업 정책을 작성하거나 편집,,en,평등 한 기회,,en,차별 철폐 조치와 적절한 직장 행동과 주도 교육 프로그램은 지역 사회의 모든 구성원 정책을 이해할 수 있도록 보장합니다,,en, participating in the preparation and of filing of proxy statements and Forms 10-K, !0-Q, 8-K, S-3, S-8, 4 and 144.

Ober initiated the first bank original issue dividend reinvestment plan to rebuild capital in the late 1970’s, and managed the second acquisition of a securities firm by a bank holding company in the U.S.

Corporate Compliance

At Summit, he wrote the Code of Business Conduct and wrote or edited all corporate policies relating to non-discrimination, equal opportunity, affirmative action and appropriate workplace behavior and led training programs to assure that all members of the community understood the policies. This included creation of the first intranet web site in the institution to make these policies and FAQs easily accessible, and the initiation of on-line training programs.

Ober created, installed and managed the employee hot-line at Summit Bancorp, which had over 7,800 직원. This allowed employees to raise concerns about management, policies or questionable activities on an anonymous or disclosed basis, and often provided an ‘early-warning system’ for human relations issues developing within the institution. Ober often served as unofficial ombudsman in mediating disputes between departments and between employees and their managers.

Ober successfully settled a large class action securities suit alleging inadequate loan loss reserve disclosures well within D&O insurance carrier parameters, citing settlement precedents as based on asset size rather than degree of liability. When Summit was the target of a proxy contest by a hedge fund holding 9.9% of its stock after its stock price had dropped from $24 에 $4.50 and the dividend cut in half, Ober initiated a strategy of qualifying over 140 officers and directors as proxy solicitors, resulting in the hedge fund getting less than 25% of the vote for its “sell the company” proposal.

Small Start-Ups

Ober currently serves as Corporate Secretary of Charis Pharmaceuticals, 주식, a Princeton, New Jersey start-up seeking funding to develop products in the female healthcare market. He also serves on the Advisory Boards of The Green Economy, a woman-owned start-up seeking funding for a business-to-business magazine on improving the environmental responsibility of businesses, and Charter Private Safe Deposit Company, another start-up which has opened its first safe deposit facility.

Previously, Ober was Vice President, General Counsel & Secretary of TerraCycle, 주식, Trenton, New Jersey, an inner-city start-up manufacturer of eco-friendly gardening products made from worm castings, from 2004 to January, 2008. During his tenure TerraCycle raised $5 million from investors and increased annual sales from $77,000 에 $3.1 million with products in every Home Depot, Wal*Mart and Target in the U.S. and Canada. See www.terracycle.net. He was responsible for all legal matters, including private placement financing, employment, sales and supply chain contracts, regulatory qualifications in the U.S. and Canada, compliance with Federal Trade Commission and state advertising regulations, and intellectual property. 그는 또한 스캇 스 미라클 - 그로하여 방어와 허위 광고 및 무역 드레스 정장의 성공적인 정착을 관리,,en,테라의 공간에서 지배적 인 경쟁,,en,의 Ober는 뉴저지 기업 변호사 협회 회장을 역임했다,,en,N.J 회장,,en,주 변호사의 Assn,,en,은행법 제와 프로 보노위원회의 부의장,,en,미국 은행 협회 은행 고문 변호사 자문위원회 위원장,,en,은행 변호사위원회의 위원장과 N.J 회장,,en,은행 협회 은행 변호사 협회와 법률 및 세무위원회,,en,그는 Westlaw® 기업 자문위원회와 뉴저지의 예일 법대 동창회 이사회 및 지명위원회에 봉사했다,,en, the dominant competitor in TerraCycle’s space.

Organizations and Affiliations

Ober has served as President of the New Jersey Corporate Counsel Association, Chairman of the N.J. State Bar Assn. Banking Law Section and Vice Chair of its Pro Bono Committee, Chair of the American Bankers Association Bank Counsel Advisory Committee, Chair of the Bank Lawyers Council and Chairman of the N.J. Bankers Association Bank Lawyers Council and Legislation and Taxation Committee. He has served on the Westlaw® Corporate Advisory Board and on the Board and Nominating Committee of the Yale Law School Alumni Association of New Jersey. 그는 같은 서머셋과 Homesharing의 ARC로 고객을위한 프로 보노 공동체에서 자원 봉사 할당을 촬영하고있다,,en,서머셋와 헌터 돈 카운티의 Inc의,,en,그의 시민 활동은 제 1 부위원장 포함했다,,en,스페셜 올림픽 뉴저지의 이사 및 프로그램 위원장,,en,부회장,,en,재무 프린스턴 데이 학교의 위임.,,en,삼위 일체 구직자의 공동 진행자,,en,화재 위원,,en,사우스 브런 즈윅 타운 쉽과 장관과 기면증 네트워크의 이사,,en,그는 또한과 미국의 대한 짐머의 전문 직원에 대한 연구 소장을 역임했다,,en,상원,,en,및 Soaries 의회 캠페인,,en,의 Ober은 가드와 준비의 고용주 지원을위한 국가위원회의 인증 옴부즈맨으로 중재를 실시하고있다,,en,"ESGR",,cy,시청합니다의 기관,,en,국방부,,en, Inc of Somerset and Hunterdon Counties.

His civic activities have included First Vice-Chairman, Director and Program Chairman of Special Olympics New Jersey, Vice-Chair, Treasurer and Trustee of Princeton Day School., Co-Facilitator of Trinity Jobseekers, Fire Commissioner, South Brunswick Township and Secretary and Director of the Narcolepsy Network. He has also served as Research Director on the professional staffs of the Zimmer for U.S. Senate (NJ) and Soaries for Congress campaigns.

Dispute Resolution

Ober has conducted mediations as a certified Ombudsman for the National Committee for Employer Support of the Guard and Reserve (“ESGR”), an agency of the U.S. Department of Defense, 7 월의 교육 요구 사항을 완료 한 후,,en,ESGR 무료 교육을 제공하는 자원 봉사 단체입니다,,en,가드 및 예약 직원의 고용주와 servicepersons 상담 및 조정,,en,제복을 입은 서비스 고용과 재취업 권리 법 준수를 지원합니다,,en,그는 또한 뉴저지 법원의 관리 사무소와 뉴저지의 분쟁 해결 사무소의 국가의 민사 및 처분 중재 교육 과정을 완료,,en,의 Ober은 시민에 대한 법원 승인 중재자의 뉴저지 법원 주 전체 명단에 자격을 갖춘 중재자 포함되어 있습니다,,en,일반 주식과 유언 검인,,en,복합 상업 및 계약 / 상업 거래 중개 전문,,en,교육 및 법률 환경,,en,의 Ober은 A.B을 받았다,,en 2005. ESGR is a volunteer organization which provides free education, consultation and mediation for employers of Guard and Reserve employees and for the servicepersons, to assist in compliance with the Uniformed Services Employment and Reemployment Rights Act. He also has completed the civil and foreclosure mediation training courses of the Administrative Office of the New Jersey Courts and the State of New Jersey’s Dispute Settlement Office. Ober is included as a qualified mediator on the New Jersey Courts Statewide Roster of Court-Approved Mediators for Civil, General Equity and Probate, specializing in Complex Commercial and Contract/Commercial Transaction mediations.

Education and Legal Experience

Ober received an A.B. 프린스턴 대학과 J.D의 공공 및 국제 관계의 우드로우 윌슨 스쿨에서 우수한 성적,,en,예일 법대에서,,en,그는 항소 메릴랜드 법원의 부장 판사와 그의 법률 사무원을 제공,,en,메릴랜드의 최고 법원,,en,그의 초기 법적 경험은 발라드로했다,,en,Spahr,,en,앤드류스,,en,잉거 솔,,en,큰 필라델피아 법률 사무소,,en,그는 기업 지배 구조에 일했던,,en,인수 합병,,en,지방채,,en,정보 기술,,en,콘도 거버넌스,,en,규제 보험,,en,및 유언 검인,,en,신뢰와 기초 사항,,en,의 Ober가의 공동 저자이다 "어쩌면 당신은 변호사를 필요,,en,사베 인 - 옥 슬리 법은 SEC에게 당신의 클라이언트를 확인 하는가,,en,"ACCA 꼬리표,,en,4 월,,en,그리고 "빈 약속,,en,성적 동향의 차별 금지 정책,,en,십월,,en,및 비상장 기업에 "위험 관리 문제를 기여,,en,"ACC 꼬리표,,en. from Yale Law School. He served his law clerkship with the Chief Judge of the Maryland Court of Appeals, Maryland’s highest court. His early legal experience was with Ballard, Spahr, Andrews & Ingersoll, a large Philadelphia law firm, where he worked on corporate governance, securities, mergers and acquisitions, municipal bond, information technology, contract, condominium governance, insurance regulatory, and probate, trust and foundation matters.

Ober is co-author of “Maybe You Need a Lawyer: Does the Sarbanes-Oxley Act Make the SEC Your Client?” ACCA Docket, April, 2003 and “The Hollow Promise: Sexual Orientation Nondiscrimination Policies,” ACCA Docket, October, 2006, and contributed to “Risk Management Issues for Privately Held Companies,” ACC Docket, 할 수있다,,en,의 Ober 뉴저지의 바로 인정,,en,펜실베니아와 메릴랜드,,en, 2006.

Ober is admitted to the Bars of New Jersey, Pennsylvania and Maryland.