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15th Annual TMA Northeast Regional Conference

and F. Matthew Jackson Memorial Golf Tournament

Keynote Speaker Sponsor

Amerisource Business Capital is a leading independent asset-based lender to middle-market and small businesses that have financing needs beyond

traditional bank capabilities.

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Diamond Sponsors

Gold Sponsors

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Silver Sponsors

Event and Golf Sponsors

Registration North Mill Capital LLC Beverage Cart Rockland Trust Company

Opening Reception Cocktails Blackbird Asset Services, LLC Breakfast Bond Schoeneck & King, PLLC

Coffee Break HunterPoint LLC

Golf Hole Sponsors

Amerisource Funding, Inc. Conway MacKenzie, Inc.

Dopkins & Company, LLC Bond Schoeneck & King, PLLC

Blackbird Asset Services, LLC Hodgson Russ LLP

Cedar Croft Consulting Ltd. KCP Advisory Group

North Mill Capital LLC CRG Capital Recovery Group

Capital One Atwell Curtis & Brooks

Hilco Global Second Avenue Capital

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Agenda

Wednesday, August 28 10:00 a.m. - 6:00 p.m.

Conference Registration Gideon Putnam Hotel Lobby Registration sponsored by North Mill Capital LLC

10:00 a.m. - 12:30 p.m. Golf & Tennis Check-In Saratoga Spa Golf Course

11:00 a.m. - Noon Golf & Tennis Luncheon Saratoga Spa Golf Course

12:30 p.m. - 5:30 p.m. F. Matthew Jackson Memorial Golf Tournament Saratoga Spa Golf Course

(Shotgun Start)

1:00 p.m. - 4:00 p.m. Tennis Tournament Saratoga Golf & Polo Club

6:30 p.m. - 8:30 p.m. Opening Reception with Hors D’oeuvres & Carving Stations Hawthorne Coesa Ballroom

Cocktails Sponsored by Blackbird Asset Services, LLC

Thursday, August 29 8:00 a.m. - 9:00 a.m.

Buffet Breakfast Hawthorne Coesa Ballroom Breakfast Sponsored by Bond Schoeneck & King, PLLC

9:00 a.m. - 10:00 a.m. Panel: How Excess Liquidity in the Market Affects Restructurings Orenda Geyser Ballroom

• Brian L. Davies Jr., Managing Director & Head of FAS, Capstone Headwaters | Financial Advisory Services

• Jeff Ulmer, Vice President, Special Assets Group, Capital One Commercial Bank • Micah Spellman, Director, Underwriting & Portfolio Management, Capital One, N.A. • John A. Harris, Partner, Quarles & Brady LLP • Mark Patchell, Head of Middle Market Sponsor Finance and Specialty Banking Group, Capital

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10:00 a.m. - 10:30 a.m. Coffee Break Ballroom Gallery

Coffee Break sponsored by HunterPoint LLC

10:30 a.m. - 11:45 a.m. Keynote Speaker: Commander Mark Nutsch Orenda Geyser Ballroom Green Beret Commander Portrayed in the Movie 12 Strong and New York Times Best-Seller Horse Soldiers

Keynote Speaker sponsored by Amerisource Business Capital 11:45 a.m.

Adjourn to Saratoga Race Course The Rail at the 1863 Club

1:00 p.m. Post Time at Saratoga Race Course* The Rail at the 1863 Club

Luncheon buffet is included. *Ask about the wait-list if you are interested in a track ticket.

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Keynote Speaker

Lessons on Leadership, Teamwork and Perseverance

Commander Mark Nutsch Green Beret Commander Portrayed in the Movie 12 Strong & New York Times Best-Seller, Horse Soldiers

As portrayed by actor Chris Hemsworth in the major motion picture, 12 Strong, Mark Nutsch (aka Mitch Nelson in the film)

shares lessons learned in the now-declassified saga of a U.S. Special Forces team that overcame seemingly insurmountable odds to help achieve a historic military victory.

Mark Nutsch shares the true-life story of helping lead what is considered the most successful unconventional warfare campaign in modern history, a victory that changed the course of our country and the world.

In October 2001 following the attacks on 9/11, Nutsch led a heroic 12-man team of U.S. Special Forces on a covert mission to Afghanistan, where they would ride to war on horses to fight the enemy—side by side with their Muslim counterparts—capture the strategic city of Mazar-i-Sharif within a matter of weeks, and successfully overthrow the Taliban. Now a consultant to Special Operations Command, he earned a Bronze Star with valor for his bravery. Nutsch, as "Captain Mitch Nelson," is portrayed by actor

Chris Hemsworth in the 2018 major motion picture 12 Strong, based on the best-selling book Horse Soldiers by Doug Stanton.

On stage, Nutsch enthralls audiences with an edge-of-your-seat, behind-the-scenes account of how this almost unbelievable event played out, impacted the world, and earned them the gratitude of a nation. He also shares perspectives on preparing his team of “guerrilla diplomats” for ever-evolving on-the-ground circumstances, and how resourcefulness, inventiveness, and commitment, along with adaptability, a diverse team, and a capacity to persevere enabled them to successfully accomplish their mission.

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Panel

How Excess Liquidity in the Market Affects Restructurings

Brian L. Davies, Jr. Managing Director & Head of FAS Capstone Headwaters Financial Advisory Services.

Brian serves as the Managing Director and Head of the financial advisory services (FAS) practice. He has approximately 20 years of professional experience working extensively in the fields of corporate recovery, business reorganization and interim management services. He has provided financial advisory services to lenders, debtors, creditors’ committees, trustees and equity holders in bankruptcy matters and out-of-court restructurings. Brian has provided assistance to under-performing businesses, potential acquirers of distressed assets / entities, and advised clients on general business issues. He has advised and worked with financially distressed companies to develop cost containment and asset rationalization plans, improve liquidity, re-engineer financial and other back-office functions, and enhance cash flow. His industry experience includes Retail, Security, E-Commerce, Real-Estate and Housing, Manufacturing, Distribution, Automotive, Construction, Hospitality, Environmental Testing Laboratories, Aviation, Food/Beverage, Mining and Healthcare.

John A. Harris Partner Quarles & Brady LLP

John Harris is a partner in the firm's Phoenix office. John has over 20 years of experience as a commercial bankruptcy/litigation attorney. He has pursued and developed a national bankruptcy practice representing lenders, debtors, and other constituencies in commercial bankruptcy, commercial litigation, and commercial workout and restructure matters. John's practice has primarily focused on: representation of commercial lenders and other parties in bankruptcy and in bankruptcy litigation; negotiating and documenting pre-bankruptcy loan forbearance and workout agreements; negotiating and/or litigating secured creditor rights after a bankruptcy is filed; and negotiating, documenting, and litigating post-petition debtor-in-possession financing agreements. John has also been admitted to appear before bankruptcy, federal district, and federal appeals courts throughout the United States.

Mark Patchell Head of Middle Market Sponsor Finance and Specialty Banking Group Capital One

Mark Patchell is a Senior Managing Director and Head of Capital One’s Middle Market Sponsor Finance and Specialty Banking Group. Prior to joining Capital One, he was a Senior Managing Director in the Corporate Finance group of GE Capital responsible for the Northeast and Mid-Atlantic regions. Mark has over 25 years of structuring middle market secured transactions in multiple industries with Capital One, GE Capital and predecessor banks of Bank of America. Mark’s experience includes both leveraged, asset based and restructuring transaction executed on behalf of private equity firms and non-sponsor owned businesses. He is also the former President of the Upstate NY Turnaround Management Association and the current Treasurer of Nick’s Fight to be Healed Foundation, a 503(c). He holds a BS from Providence College, an MBA from the State University of New York at Albany, and lives in Saratoga County, NY.

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Micah Spellman Director, Asset Based Lending, Underwriting and Portfolio Management Capital One

Micah Spellman is a Director within underwriting and portfolio management for Capital One, specializing in Asset Based Lending. In this role, he supports the middle market business within Capital One’s commercial bank. Micah has over 13 years of experience underwriting and managing asset based loans within a broad array of industries including retail, food & beverage, general commercial & industrial, and financial services. Micah’s experience includes involvement at all stages of a deal life cycle, from prospecting to workout. Prior to joining Capital One, he was an Account Executive with CIT, responsible for managing a diverse portfolio of agency, club, and direct transactions. Micah holds a BS in Business Administration from Babson College, and an MBA from NYU Stern. He lives in Westchester County with his wife, 2 year old son, 2 dogs, and a cat.

Jeff Ulmer Vice President, Head of Special Assets Capital One

Jeff Ulmer joined Capital One in September 2016 to lead the Special Assets for Healthcare, Media, and Sponsored Finance. In March, 2018 his role was expanded to include Energy, Commercial Real Estate, Commercial Industrial, and Small Business Banking. Jeff has 25+ years of lending experience with a focus in loan workout and recovery, underwriting and portfolio management. His breadth of experience includes workout in regulated and unregulated environments, establishment of credit policy and procedure, and the building of credit platforms with two different institutions (at CIT Bank and Lone Star Funds). Jeff has led banks where he has worked through Shared National Credit (“SNC”) exams and other audit processes. Jeff has held Board of Director positions for both public and private companies. At Capital One he is focused on the opportunity to build a Special Assets team that operates with efficiency and transparency. Jeff holds an M.B.A. University of Bridgeport in Connecticut and a B.S. in Finance from the University of Connecticut.

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In Memorium: F. Matthew Jackson

Matthew Jackson was a former president and longtime board member

of the TMA Upstate New York Chapter and co-chair of the Northeast

Conference. He died March 23 at 49. Mr. Jackson was a partner with

O’Connell and Aronowitz LLP in Albany. He leaves behind his beloved

wife of 23 years, Molly, and three children.

Current TMA Upstate New York Chapter President John Bellardini, CTP,

said Jackson had been “positive and upbeat” in an email to board

members following recent cancer surgery. “Then we got the news that he had passed,” he said.

“Matt was passionate about his family, his work, his community, and his life,” O’Connell and Aronowitz

wrote in a posting on the firm’s website. “We mourn his untimely death but celebrate the way he lived

his life.” Bellardini said Jackson especially looked forward to the Northeast Conference each year. “He

was gracious with his time. Anytime I called him and asked for some help, he was there,” Bellardini said.

“Like most people in TMA, he was just a person of quality.”

Matt was a graduate of the University of Rochester and the Syracuse University College of Law. He

enjoyed playing lacrosse and was inducted into the University of Rochester Sports Hall of Fame in 2012. He coached youth lacrosse and served for six years on the board of the Colonie Youth Center, including

a two-year term as board president. He also served as director, treasurer and vice president of the

Capital Region Bankruptcy Bar Association, and director and president of the Creditors Association of

Upstate New York. He was an avid golfer and member of the Shaker Ridge Country Club, a devoted fan

of Syracuse University football and basketball, and the Dave Matthews band.

Donation forms will be available at the conference registration table for anyone interested in making a

memorial contribution to the American Cancer Society or the Colonie Youth Center.

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15th Annual TMA Northeast Regional Conference

Saratoga Track Outing New Location

Opening this summer, the 1863 Club is the newest "must see" hospitality and event facility at Saratoga

Race Course. Located at the Clubhouse turn, the 1863 Club offers premium experiences and

breathtaking views throughout this three-story facility. Enjoy the afternoon in style from the climate-

controlled room or get a front row view of the action from the apron. The space features close proximity

to the horse path, an elevated interior providing fabulous sight lines and private betting terminals.

Tickets include admission and luncheon buffet.

Tickets are limited so register early.

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Sponsorship Sponsorship opportunities are still available. Please contact Ralph Aurelia at raurelia@summitfr.com or (203) 377-1527.

Registration Registration Fees include educational sessions, meals, and social functions. Room charges are additional (see below). All registered attendees will receive a TMA name badge at the Conference that must be worn for admittance to all sessions, meals, and social functions. The member registration is for current, active TMA members. If you are not a TMA member, you may join online at turnaround.org.

Conference registration will close Friday, August 23.

Conference On or before 8/7/19 After 8/7/19

Member $290 $340 Non-Member $370 $420 Spouse $100 $110 Golf $185 $205 Tennis $ 95 $100 Track** $100 $105 Track Only** (guest) $105 $110

** New, upscale location. Limited to the first 30 people. The conference is subsidizing the $140 ticket price. There will be a wait list.**

Registration is available online at: https://turnaround.org/event/15th-annual-tma-northeast-conference. To register by mail (check only), please complete the registration form on the next page. Registrations cannot be confirmed until payment is received.

Cancellation Policy The deadline to cancel for a refund is 5:00 PM on Wednesday, August 21, 2019 (the “Cancellation Date”). After the Cancellation Date, no refunds will be granted but substitutions are welcomed. Please consider sending a colleague in your absence, should you need to cancel after the cancellation date. There will be no exceptions.

Room Reservations Please call The Gideon Putnam Resort at 866-746-1077, quoting the room rate of $201 plus tax, event name “TMA 2019” and booking code 9nd5a6. Reservations must be guaranteed with a major credit card and made by August 1, 2019 to take advantage of the discounted room rate. A deposit equal to the first night’s stay is required. Rooms are limited and subject to a first-come, first-serve basis. All changes or cancellations to room reservations must be made with the resort more than 72 hours prior to arrival to receive the deposit refund, equal to the first night’s stay. All changes, no-shows, or cancellations received less than 72 hours prior to arrival will be charged the full amount of the reservation.

Driving Directions Visit www.gideonputnam.com for detailed driving directions or click here. The closest major airport is Albany, NY.

Attire Golf (Men and Women): Collared shirts, sweaters, cotton pants. No cut-offs, tank tops, sandals. Educational Sessions and Networking Events: Business Casual.

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15th Annual TMA Northeast Regional Conference

August 28 - 29, 2019 Gideon Putnam Spa Resort Saratoga Springs, New York

Hosted by the Connecticut, Long Island, New Jersey, New York City,

Northeast, and Upstate New York TMA Chapters

Registration Form (If paying by check) Name: _____________________________________________________

Name for Badge: ___________________Title: _____________________________

Company: _____________________________________________________

Address: _____________________________________________________

City / State / Zip: _____________________________________________________

Telephone: _____________________________________________________

Email: _____________________________________________________

TMA Chapter: _________________________________ TMA Member # ___________

Golf: Yes ______ No ______

Golf Handicap (required) _________

Tennis: Yes ______ No ______ Level _________________

Conference Registration Fee: $__________

Golf or Tennis: $__________

Track: $__________

Spouse: $__________

Total: $__________

Please mail this form along with your check payable to

TMA Upstate NY Chapter–Northeast Conference to: Sharon Graber, 57 Middlebury Road, Orchard Park, NY 14127

Questions: Contact the Upstate NY Chapter office at upstateNY@turnaround.org or (716) 440-6615.

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15th Annual TMA Northeast Regional Conference

August 28 - 29, 2019 Gideon Putnam Spa Resort Saratoga Springs, New York

Hosted by the Connecticut, Long Island, New Jersey, New York City,

Northeast, and Upstate New York TMA Chapters Spouse/Guest – Registration Form (If registering by mail and paying by check) Guest Name: _____________________________________________________ Name for Badge: _____________________________________________________ Registered Attendee: _____________________________________________________ Telephone: _____________________________________________________ Email: _____________________________________________________

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In Memorium: F. Matthew Jackson

Matthew Jackson was a former president and longtime board member

of the TMA Upstate New York Chapter and co-chair of the Northeast

Conference. He died March 23 at 49. Mr. Jackson was a partner with

O’Connell and Aronowitz LLP in Albany. He leaves behind his beloved

wife of 23 years, Molly, and three children.

Current TMA Upstate New York Chapter President John Bellardini, CTP,

said Jackson had been “positive and upbeat” in an email to board

members following recent cancer surgery. “Then we got the news that he had passed,” he said.

“Matt was passionate about his family, his work, his community, and his life,” O’Connell and Aronowitz

wrote in a posting on the firm’s website. “We mourn his untimely death but celebrate the way he lived

his life.” Bellardini said Jackson especially looked forward to the Northeast Conference each year. “He

was gracious with his time. Anytime I called him and asked for some help, he was there,” Bellardini said.

“Like most people in TMA, he was just a person of quality.”

Matt was a graduate of the University of Rochester and the Syracuse University College of Law. He

enjoyed playing lacrosse and was inducted into the University of Rochester Sports Hall of Fame in 2012. He coached youth lacrosse and served for six years on the board of the Colonie Youth Center, including

a two-year term as board president. He also served as director, treasurer and vice president of the

Capital Region Bankruptcy Bar Association, and director and president of the Creditors Association of

Upstate New York. He was an avid golfer and member of the Shaker Ridge Country Club, a devoted fan

of Syracuse University football and basketball, and the Dave Matthews band.

Donation forms will be available at the conference registration table for anyone interested in making a

memorial contribution to the American Cancer Society or the Colonie Youth Center.

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15th Annual TMA Northeast Regional Conference

and F. Matthew Jackson Memorial Golf Tournament Hosted by the Connecticut, Long Island, New Jersey, New York, Northeast,

and Upstate New York TMA Chapters

Chapter Presidents

Connecticut turnaround.org/connecticut Peter AS Pfeiffer RSM US LLP 53 Charter Ridge Drive Sandy Hook, CT 06482 (203) 905-5030 Peter.pfeiffer@rsmus.com Long Island turnaround.org/longisland Sean Clancy, CFE Marcum LLP 10 Melville Park Road Melville, NY 11747-3146 sean.clancy@marcumllp.com New Jersey turnaround.org/newjersey Steven F. Agran, CTP, MBA Carl Marks Advisors 212-909-8448 sagran@carlmarks.com

New York City turnaround.org/nyc Kathryn B. McGlynn AlixPartners 909 3rd Avenue New York, NY 10022-4731 kmcglynn@alixpartners.com Northeast turnaround.org/northeast Steven T. Greene Riemer & Braunstein LLP 3 Center Plaza, 6th Floor Boston, MA 02108-2003 (617) 880-3520 sgreene@riemerlaw.com Upstate New York turnaround.org/upstateNY John J. Bellardini, CTP, MBA Saldi Advisory Services 103 Will O Wind Drive Jamesville, NY 13078-9469 jb@saldiadvisory.com

The conference committee would like to acknowledge and extend a special thank you to the chapter executives for their assistance in organizing the 2019 TMA Northeast Regional Conference in Saratoga Springs. Dorri Weinstein - Connecticut Chapter Betty Mantz - New Jersey Chapter Sarah Kuhns – New York City Chapter Marie Shirley - Northeast Chapter Toniann Pasqueralle - Long Island Chapter Sharon Graber - Upstate New York Chapter

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15th Annual TMA Northeast Regional Conference and F. Matthew Jackson Memorial Golf Tournament

Conference Committee

Event Chair Mark Patchell - Capital One Bank

Sponsorship Ralph Aurelia - North Mill Capital LLC

Golf Joseph A. Heim, CFE, CPA - Dopkins & Company LLP

Publicity Harvey Gross - HSG Services Inc.

Event Administrator Sharon Graber – TMA Upstate New York Chapter