When flat is the new up Turnarounds in a troubled world

Annual Convention October 7-9, 2009Phoenix, Arizona

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Why you should attendThe annual convention brings together the industry’s leading professionals and firms for an unparalleled networking and education experience. Access to key players in the industry makes the Annual Convention the premier venue for dealmaking and relationship building.

About the Turnaround Management AssociationTurnaround Management Association (TMA) is the premier professional community dedicated to the corporate renewal, turnaround management, restructuring and distressed investing industry.

With international headquarters in Chicago, nearly 9,000 TMA members in 45 worldwide chapters comprise a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants, as well as academic, government and judicial employees.

TMA members adhere to a code of ethics specifying high standards of professionalism, integrity and competence. The Certified Turnaround Professional (CTP) certification program recognizes professional excellence and provides an objective measure of expertise related to workouts, restructurings and corporate renewal.

Agenda

Keynote Sessions

General Sessions

Concurrent Tracks

Advanced Educational Session

Registration Policies/Deadlines

Hotel Information

Attire

Continuing Education Credit

Sponsors

Exhibit Hall

Questions

Quick links

Important DeadlinesAugust 14Early bird deadline (save $200)

September 23Deadline for inclusion in the registration list

September 30Deadline for pre-registration ($100 onsite registration surcharge)

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Sunday, October 49:00 a.m. – 4:00 p.m. Body of Knowledge

Accounting and Finance course*4:30 p.m. – 7:00 p.m. Body of Knowledge

Accounting and Finance exam*

Monday, October 58:00 a.m. – 3:00 p.m. Body of Knowledge Management course*3:30 p.m. – 7:00 p.m. Body of Knowledge Management exam*

Tuesday, October 68:00 a.m. – 10:00 a.m. Certification Oversight Committee (COC)

meeting9:00 a.m. – 4:00 p.m Body of Knowledge Law course*10:15 a.m. – 12:15 p.m. TMA Board of Directors’ meeting12:15 p.m. – 1:00 p.m. TMA Board/COC lunch1:15 p.m. – 3:15 p.m. Chapter Presidents’ meeting4:30 p.m. – 7:00 p.m. Body of Knowledge Law exam*

Wednesday, October 7 7:00 a.m. – 8:30 p.m. Registration desk open9:30 a.m. Golf clinic and tournament* Tournament sponsored by Hilco Refreshment Cart sponsored by LBC Credit

Partners, Inc. and SB Capital Group LLC11:00 a.m. – 4:00 p.m. Exhibitor move-in1:00 p.m. – 3:00 p.m. Women’s professional networking group

poolside lunch* Sponsored in part by Quarles & Brady LLP1:30 p.m. Tennis tournament*5:00 p.m. – 6:00 p.m. New member reception** Sponsored by EPIQ Systems6:00 p.m. – 7:00 p.m. Wine and cheese reception in Exhibit Hall Co-sponsored by BDO Consulting; CRG Partners;

and SSG Capital Advisors LLC7:00 p.m. – 8:30 p.m. Opening reception Co-sponsored by Accord Financial, Inc.;

AlixPartners, LLP; Conway MacKenzie, Inc.; and Locke Lord Bissell & Liddell LLP

Thursday, October 87:00 a.m. – 7:30 p.m. Registration desk open7:00 a.m. – 8:30 a.m. Advanced Educational Session*

“A Tale of Two Times: Surviving Today, Managing for Tomorrow”

7:30 a.m. – 8:30 a.m. Continental breakfast Co-sponsored by BBK; Big Lots Capital; and

Executive Sounding Board Associates Inc.8:30 a.m. – 9:45 a.m. Opening Keynote Speaker Zbigniew

Brzezinski Sponsored in part by Carl Marks Advisory

Group LLC9:45 a.m. – 12:30 p.m. Exhibit Hall open9:45 a.m. – 10:45 a.m. Coffee break in Exhibit Hall Co-sponsored by Atlas Partners, LLP and

Industrial Opportunity Partners

Convention Agenda

11:00 a.m. – 12:15 p.m. Concurrent Tracks • Troubled Industries: “Automotive Suppliers: The

Next Chapter 7, 11, Other?” • Restructuring Issues: “Capital: Who is Where on

the Right Side of the Balance Sheet?” • In Practice: “Avoiding Chapter 22”12:30 p.m. – 3:00 p.m. Keynote Luncheon Panel, “The Role of

Government in Today’s Restructurings: The End of the Absolute Priority Rule;” Presentation of the Carl Marks Student Paper Competition Prizes; Presentation of Turnaround and Transaction of the Year Awards

Sponsored in part by Grant Thornton LLP3:00 p.m. – 7:30 p.m. Exhibit Hall open3:00 p.m. – 3:30 p.m. Coffee break in Exhibit Hall Co-sponsored by The Meridian Group and

Tucker Arensberg, P.C.3:45 p.m. – 5:00 p.m. Concurrent Tracks • Troubled Industries: “The U.S. Retail Sector: It

Finally Happened—Consumers Shopped Till They Dropped”

• Restructuring Issues: State of the Capital Markets

• In Practice: “Bankruptcy Preparation: Beyond the Basics”

5:15 p.m. – 6:15 p.m. Diversity reception**6:15 p.m. – 7:30 p.m. Gala cocktail reception and exhibitor prize

drawings Sponsored in part by Huron Consulting Group7:45 p.m. – 9:45 p.m. Dinner and keynote presentation by

renowned Mt. Everest mountaineer Ed Webster

Friday, October 97:00 a.m. – 3:00 p.m. Registration desk open7:30 a.m. – 11:00 a.m. Exhibit Hall open 7:30 a.m. – 8:15 a.m. Continental breakfast in Exhibit Hall8:30 a.m. – 9:45 a.m. General Session: “Somewhere Over the

Rainbow: World Economy in Perspective”10:00 a.m. – 10:30 a.m. Coffee break in Exhibit Hall Sponsored by KPMG LLP10:45 a.m. – 12:00 p.m. Concurrent Tracks • Troubled Industries: “The Gathering Storm:

Crisis in the CMBS/Real Estate Industry” • Restructuring Issues: “Ethical Issues in

Corporate Governance in Restructuring and Bankruptcy”

• In Practice: “A Peek Behind the Curtain: Turnaround Lessons Borrowed From Private Equity”

12:15 p.m. – 3:00 p.m. Keynote luncheon presentation with Fred Barnes, co-founder of The Weekly Standard

Sponsored in part by NRC Realty & Capital Advisors, LLC

*Additional fee required (see following pages/registration form for details)

**Invitation-only event

Please note that private company events may not conflict with any scheduled activity of the TMA 2009 Annual Convention.

Thursday, October 8 (continued)

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With a mind that recognizes the complexities and interrelations of seemingly unrelated events, Zbigniew Brzezinski offers audiences an in-depth analysis of the events of the day, discussing U.S. foreign policy, global trouble spots and the political

and business implications of the evolving global marketplace. Audiences learn the nuances of a constantly shifting strategy and foreign policy from someone who has helped shape both. Brzezinski is a counselor and trustee at the Center for Strategic and International Studies and professor of American

Ed Webster is a world- renowned American mountaineer, photographer, lecturer and author. A veteran of seven Himalayan expeditions to Nepal, Tibet, Bhutan and Pakistan, Webster was also the first

American mountaineer to climb in Mongolia. In his 1988 ascent of Mt. Everest, Webster climbed a

Foreign Policy at the Paul Nitze School of Advanced International Studies at Johns Hopkins University. From 1977 to 1981, Brzezinski was National Security Advisor to President Jimmy Carter. In 1981, he was awarded the Presidential Medal of Freedom “for his role in the normalization of U.S.-Chinese relations and for his contributions to the human rights and national security policies of the United States.” Brzezinski is author of numerous articles and books, including The Grand Failure: The Birth and Death of Communism in the 20th Century; The Grand Chessboard; Second Chance: Three Presidents and the Crisis of American Superpower; and, most recently, co-author of America and the World: Conversations on the Future of American Foreign Policy.

never-before-attempted route with a team of four without use of supplementary oxygen, radios or Sherpa assistance. The experience has been hailed as the last of the great Everest expeditions and one of the most audacious mountaineering feats of all time. Webster shares with audiences his remarkable experience, his stunning photographs from the top of Everest and his story of courage, fortitude and teamwork in achieving the adventure of a lifetime.

Friday, October 9 12:15 p.m.–3:00 p.m. (time reflects entire lunch program)

Fred Barnes, Executive Editor, The Weekly StandardClick here for more information on Fred Barnes.

Thursday, October 8 7:45 p.m.–9:45 p.m. (time reflects entire dinner program)

Ed Webster, author and renowned Mt. Everest mountaineer Click here for more information on Ed Webster.

Thursday, October 8 8:30 a.m.–9:45 a.m. (time reflects entire opening session)

Zbigniew Brzezinski Click here for more information on Zbigniew Brzezinski.

Keynote Speakers

Taking audiences beneath the surface of headline events, Fred Barnes uses his skills as a journalist to map the political landscape and chart a course for the future. In presentations that cut through the spin and uncover the truth, Barnes

reveals the stories that lie beyond the hype and details

as to how those stories will define the future. Barnes co-founded the political journal The Weekly Standard. Witty and insightful, Barnes also co-hosts FOX News’ The Beltway Boys and moderates Issues in the News for Voice of America. His most recent book, Rebel-in-Chief: How George W. Bush Is Redefining the Conservative Movement and Transforming America, gives readers an insider’s view of the Bush Administration.

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General Sessions

Thursday, October 8—7:00 a.m.–8:30 a.m.Advanced Educational Session$125/person (you may register onsite at the TMA registration desk or at the session in Grand Canyon 4-5)

“A Tale of Two Times: Surviving Today, Managing for Tomorrow”Richard H. Fleming, USG Corporation

This session addresses the dual goals of managing a business for survival today while simultaneously positioning it for growth and profitability in the future. These principles are illustrated through a detailed examination of the challenges confronting suppliers to the housing industry in today’s difficult economic environment by examining USG Corporation, the largest supplier of wallboard in North America. Due to the current recession, USG has seen industry demand for its core wallboard product drop an unprecedented 50%. The session provides a detailed assessment of the threats and the opportunities that have occurred in the residential real estate market, as well as the unfolding situation in the commercial construction industry. A key objective of the session is to describe how the joint management of business operations and capital structure decisions is paramount in managing for survival in today’s economic environment while simultaneously positioning the business for success in the future. Thus, the session provides important general insights for turnaround managers in all industries adversely impacted by current business conditions and lack of financing opportunities.

Taught by a business school professor, practicing attorney and United States Bankruptcy Judge, the Body of Knowledge courses are open to all corporate renewal professionals seeking

valuable tools to help apply the principles of corporate renewal to real-world situations. The course registration fee is $275/course; the corresponding course book is $225/book or $625 for the full set of books. Please click here to learn more about the courses and course materials and to register.

Date Course Course Fee Book Fee

Sunday, October 4 Accounting & Finance $275 $225

Monday, October 5 Management $275 $225

Tuesday, October 6 Law $275 $225

Set of three books $625

Thursday, October 8 12:30 p.m.–3:00 p.m. (time reflects entire lunch session)

“The Role of Government in Today’s Restructurings: The End of the Absolute Priority Rule”

Moderator: William Derrough, Moelis & Company Panel: Thomas E. Lauria, White & Case; Fred Lynch, Masonite; Gov. James R. Thompson, Winston & Strawn LLPThe expanded role of government in large, public restructurings has had a wide variety of repercussions and generated significant discussion and debate. This panel brings together professionals who will share their experiences and perspectives on this timely and relevant topic.

Friday, October 9—8:30 a.m.–9:45 a.m. “Somewhere Over the Rainbow: World Economy

in Perspective”

Moderator: Charles C. Reardon, Carl Marks Advisory Group LLCPanel: Jim Rounds, Elliott D. Pollack and Company; Byron Schlomach, Goldwater InstituteWhere are we in the economic cycle? Is this level of sales permanent? What will “normal” be and when will we get there? What will be the key drivers of turnarounds going forward? Hear from two experienced economists as they offer their perspectives on these issues and more.

Body of Knowledge Courses

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Concurrent Tracks Thursday, October 8TROUBLED INDUSTRIESThursday, October 8 11:00 a.m. - 12:15 p.m.

“Automotive Suppliers: The Next Chapter 7, 11, Other?”Moderator: William G. Diehl, CTPBBK, Ltd.Panel: Andre A. Augier, W.Y. Campbell & Company; Robert J. Diehl, Bodman LLP; Charles M. Moore, CTP, Conway MacKenzie, Inc.; Tricia A. Sherick, Honigman Miller Schwartz and Cohn LLPThis panel of industry experts will discuss the impact of the current turmoil within the auto industry, as well as the impact of the supply base consolidation on the various constituencies.

Thursday, October 8 3:45 p.m. – 5:00 p.m.

“ The U.S. Retail Sector: It Finally Happened—Consumers Shopped Till They Dropped”Moderator: Robert J. Duffy, FTI Consulting, Inc.Panel: John R. Buck, Versa Capital Management; Benjamin L. Nortman, Hilco; Betsy Ratto, Bank of America Retail Finance GroupDespite rising expectations for U.S. economic recovery to begin in late 2009, prospects for the retail sector remain subdued at best, with growth in discretionary consumer spending expected to remain far below normal at least through 2010. This panel of experts will discuss the likelihood and implications of a prolonged sales slump for U.S. retailers, including its potential impact on various retail categories and on marginal retail chains and the entities that do business with them. Discussion topics will include:

• What has happened to the spendthrift American consumer since 2008?

• How have large retailers constructively responded to the sales slump? How over-stored is America?

• What should we expect for sales levels during the 2009 holiday season? What are reasonable forecasts?

• How significant is the impact beyond retail on consumer goods makers, landlords, REITs and consumer finance companies?

• What have we learned from the slew of retail bankruptcies this year?

• Are traditional retail restructurings still possible in this environment? Is BAPCPA really to blame?

RESTRUCTURING ISSUESThursday, October 8 11:00 a.m. - 12:15 p.m.

“Capital: Who is Where on the Right Side of the Balance Sheet?”Moderator: Ward K. MooneyCrystal Capital Fund Management LP Panel: John J. Brignola LBC Credit Partners Inc. Cathy Hershcopf Cooley Godward Kronish LLPDavid Peress Hudson Capital Partners, LLCThe right side of the balance sheet reflects the true financial health of a business enterprise. Each component is controlled and driven by important constituencies that need to be coordinated, managed and understood in order to maximize strategic and financial objectives. In a restructuring, the right side of the balance sheet can be a complex, intriguing, mysterious quagmire, as various stakeholders sort out who is who, and who is what. This panel will address the current complexities in the debt capital markets and how capital, and capital structures, are being addressed, dissected, debated, legislated and challenged. Once the smoke clears, will the complexities of the right side of the balance sheet allow for successful, long-term restructurings?

Thursday, October 8 3:45 p.m. – 5:00 p.m.

“State of the Capital Markets”Moderator: Steve ZelinThe Blackstone GroupPanel: Richard Banziger, Citigroup Global Markets Inc.Christine Daley, Oak Hill AdvisorsLawrence E. Klaff, GB Merchant PartnersBruce Mendelsohn, Goldman Sachs

What lies ahead? During the past two years, the financial markets have experienced unprecedented volatility, the effects of which have changed the Wall Street landscape for years to come. At the same time, the balance sheets of many companies benefiting from the loose financing terms available in the middle of the decade are soon facing a time of reckoning. This panel will provide their views on what the next few years will look like and who are likely to be the winners and the losers. Fasten your seatbelt.

IN PRACTICEThursday, October 8 11:00 a.m. - 12:15 p.m.

“Avoiding Chapter 22”Moderator: Edward I. Altman, Ph.D. New York University Stern School of BusinessPanel: David L. Auchterlonie, CTPThe Scotland Group, Inc.Joseph Bondi Alvarez & MarsalSaul E. Burian Houlihan Lokey

In the last 25 years, there have been more than 200 instances of relatively large firms filing for bankruptcy twice (Chapter 22), three times (Chapter 33) or even four times (Chapter 44). This multi-filing occurrence has happened in more than 15 percent of all large firm emergences with negative ramifications for the U.S. Chapter 11 process. This panel explores the reasons for this result and proposes a way to screen Chapter 11 emergences to significantly reduce this unfortunate event.

Thursday, October 8 3:45 p.m. – 5:00 p.m.

“Bankruptcy Preparation: Beyond the Basics”Moderator: Mark K. ThomasProskauer Rose LLPPanel: Brenda AdrianSitrick and Company Inc.Jonathan Carson Kurtzman Carson Consultants LLC Michael F. Gries Conway Del Genio Gries & Co, LLC Jeffrey N. Pomerantz Pachulski Stang Ziehl & Jones LLP

First day motions are not just a checklist of pleadings that must be filed to ensure a smooth transition into Chapter 11. Behind most first day motions are business and operational issues that, if not anticipated and solved, will result in operational problems even if the relief requested in the motion is granted. This panel will discuss some key operational and legal issues that companies and advisors cannot let “fall through the cracks,” as well as ways to ensure that companies are prepared for the worst, as they hope for the best.

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Concurrent Tracks Friday, October 9TROUBLED INDUSTRIESFriday, October 9 10:45 a.m. – 12:00 p.m.

“The Gathering Storm: Crisis in the CMBS/Real Estate Industry”Moderator: Kenneth A. Buckfire Miller Buckfire & Co., LLCPanel: Gregory A. Cross Venable LLPDavid B. Iannarone CWCapital Asset Management Stephen G. Tomlinson Kirkland & Ellis LLP

This panel of industry experts will review the implications of the CMBS market shut down, for real estate in particular and for the capital markets in general. Discussion topics will include: • the next capital adequacy crisis facing

lenders • what borrowers should do about

refinancing risk • practical means of negotiating with

special servicers

RESTRUCTURING ISSUESFriday, October 9 10:45 a.m. – 12:00 p.m.

“Ethical Issues in Corporate Governance in Restructuring and Bankruptcy”Moderator: Brad SchelerFried, Frank, Harris, Shriver & Jacobson LLP Panel: Lorie R. BeersKPMG Corporate Finance LLCRoberta A. DeAngelis Office of the U.S. Trustee

Ethics is always an issue of concern during restructuring and in bankruptcy, not just for lawyers but for all corporate renewal professionals and their clients. As the economic, financial and regulatory environments become even more challenging, restructuring and corporate renewal professionals and their clients will likely find business decisions scrutinized for conflicts of interest with increasing frequency. This panel of experienced restructuring and bankruptcy professionals will share their views on these issues.

IN PRACTICEFriday, October 9 10:45 a.m. – 12:00 p.m.

“A Peek Behind the Curtain: Turnaround Lessons Borrowed From Private Equity”Moderator: Michael E. TonerLockton Companies LLCPanel: Jeffrey D. CowheyAmbridge PartnersJohn Edmonds ACE Insurance CompanyPaul Halpern Versa Capital Management, Inc.

This session profiles overlooked risk management strategies available to companies in distress. Leading industry experts will offer unique perspectives about the credit decision-making process inside one of the world’s leading insurers, including insight into how an insured’s financial rating impacts pricing and how the current environment is affecting collateral trends; the use of insurance products and professionals in due diligence and post-acquisition performance improvement; and the increased use of transaction insurance products as a bridge between negotiating parties in business transactions. Attendees will learn: • Practical ideas for better managing

negotiations related to how insurers look at distress, credit risk, bankruptcy and collateral

• The importance that private equity places on independent insurance due diligence as a pre-acquisition discipline and parallel opportunities in corporate turnaround and renewal

• How transaction insurance products (reps and warranties, tax opinion, etc.) can be

“deal enablers” and provide an efficient, cost-effective alternative to delays, hold backs and escrows

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Recreational ActivitiesWednesday, October 7 – 9:30 a.m.

Golf Clinic and Tournament• Tournament sponsored by Hilco• Beverage cart co-sponsored by LBC Credit Partners, Inc.

and SB Capital Group LLC• Golf hole sponsored by Winston & Strawn LLP

9:30 a.m. Check in begins10:00 a.m. Golf clinic10:45 a.m. Boxed lunches/warm up11:30 a.m. Shotgun start4:30 p.m. Prize reception

$295/personJoin your colleagues on the Palmer Championship Course at the J.W. Marriott Desert Ridge for the golf clinic, led by Marriott golf profes-sionals, and tournament. Range balls, boxed lunches and the bever-age cart during play are included in the registration fee. Prizes will be awarded at the completion of play. If you require golf club rental, please complete the appropriate portion of the registration form. TMA will place the rental order; attendees are responsible for full payment on the day of the tournament. Golf club rental is $40; golf shoe rental is $20.

Registering for the golf tournament. You must be a registered at-tendee of the 2009 Annual Convention to participate in the golf tourna-ment. On the registration form on page 19, you may indicate individuals with who you wish to play, and TMA will do its best to accommodate your request. If you purchase more than one golf tournament registra-tion, you must indicate the names of those for whom you are purchasing

tournament participation. Because TMA maintains a waiting list for this event, the association will not hold space for this event (meaning that TMA will not reserve a golf space unless the name of a registered attendee is provided).

Waiting list. Space in the golf tournament is limited. Registration will be accepted on a first-come, first-served basis. TMA will maintain a waiting list for this event. If you are on the waiting list, TMA will pro-cess the tournament registration fees. If the tournament is still sold out at the time of play, TMA will reimburse your golf tournament registra-tion fees in full. Please carefully review the cancellation and substitution policies further in this brochure for complete details about canceling or substituting for the golf tournament.

Appropriate attire. A collared shirt is required. Jeans and other denim garments are not permitted.

Wednesday, October 7 1:30 p.m. (boxed lunch at 1:00 p.m.)

Mixed Round Robin Tennis Tournament$50/personJoin your colleagues at the Desert Ridge Tennis Center for the mixed round robin tennis tournament. Attendees must be present by 1:15 p.m. Boxed lunch is included in the tournament fee and will be served prior to the tournament. Appropriate tennis attire and shoes are required. Racquets may be rented for $10/day; rental should be arranged directly through the tennis center. Tennis balls may be purchased in sets of three for $6/set.

Registering for the tennis tournament. You must be a registered attendee of the 2009 Annual Convention to participate in the tennis tournament. Please use the form in this brochure to register. If you pur-chase more than one tennis tournament registration, you must indicate the names of those for whom you are purchasing tournament participa-

tion. Because TMA maintains a waiting list for this event, the association will not hold space for this event (meaning that TMA will not reserve a tennis space unless the name of a registered attendee is provided).

Waiting list. Space in the tennis tournament is limited. Registration will be accepted on a first-come, first-served basis. TMA will maintain a waiting list for this event. If you are on the waiting list, TMA will process the tournament registration fees. If the event is still sold out at the time of play, TMA will reimburse your tennis tournament registra-tion fees in full. Please carefully review the cancellation and substitution policies further in this brochure for complete details about canceling or substituting for the tennis tournament.

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Recreational Activities

Wednesday, October 7, 5:00 p.m. – 6:00 p.m.

New Member ReceptionAre you new to TMA within the last year and want to get the most of your membership? TMA invites all new members attending the conven-tion to a private reception with leaders of the industry. Learn more about the organization and how you can become involved, meet the associa-tion leadership and begin your networking in the turnaround industry in this intimate setting. This invitation-only reception is included in the convention registration fee; invitations will be included in the onsite registration materials.

Thursday, October 8, 5:15 p.m. – 6:15 p.m.

Diversity ReceptionThe TMA Diversity Subcommittee invites young professionals, women and minorities to attend a reception in their honor. Expand your net-work with other TMA professionals and peers who have similar interests and experiences as you by attending this reception. This invitation-only reception is included in the convention registration fee; invitations will be included in the onsite registration materials.

Golf TournamentCancellation PoliciesOn or before Wednesday, September 23, 2009, cancellation of an entire convention registration that includes the golf tournament will be refunded less a $250 processing fee. Cancellation of the golf tournament only on or before Wednesday, September 23, 2009, will be refunded less a $75 processing fee. Cancellations of any kind received after Wednesday, September 23, 2009, will not be refunded.

Substitution PoliciesSpace is limited for the golf tournament. TMA will maintain a waiting list for this event. If at the time your substitution notice is received, a waiting list exists, TMA will not accept a substitute player in consideration of those individuals on the waiting list. The original

registration will be treated as a cancellation and the cancellation policy in the previous column will apply for the golf tournament portion of your registration. If no waiting list exists at the time your substitution notice is received, TMA will accept in your place a substitute player who you identify; however, the substitute must be from the same firm and must be a registered attendee of the 2009 Annual Convention.

Tennis Tournament and Women’s Group LunchThe same policies detailed above for the golf tournament also apply for the tennis tournament and women’s group lunch. The only difference is the processing fee for individual cancellation of the tennis tournament and/or women’s group luncheon, which is $25 for each event.

Recreational Activities Cancellation/Substitution PoliciesNotification of recreational activity cancellation must be submitted in writing. Cancellations will not be reviewed or processed until they are received in writing. Phone cancellations are not accepted.

$50/personCoordinated by TMA’s Professional Women’s Networking Group, this lunch event provides women with a relaxing, outdoor forum to network and discuss current trends and practices in the corporate restructuring industry. Join fellow colleagues poolside for an afternoon of relaxation and networking. Buffet lunch and beverages are included in the registration fee. You must be a registered attendee of the 2009 Annual Convention to participate in this event.

Wednesday, October 7, 1:00 p.m. – 3:00 p.m.

Women’s Professional Networking Group Poolside Lunch

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CTP Certification Program

The Certified Turnaround Professional (CTP) designation was

introduced in 1993 as an objective measure of the experience, knowledge and integrity that is necessary to conduct corporate renewal work. The CTP program establishes quality standards for an otherwise unregulated profession. The CTP designation

provides evidence of an individual’s commitment to the turnaround and corporate renewal industry and also attests to a level of expertise that non-certified professionals may find difficult to prove. Completing the CTP certification process provides a corporate renewal professional with a solid foundation to operate successfully in the industry and could very well enhance future earning power.

Educational sessions at the 2009 Annual Convention provide an overview of topics relevant to the practice of corporate renewal. There is no prerequisite or advance study necessary to attend

the 2009 Annual Convention or to qualify for continuing education credit. The 2009 Annual Convention is a “group-live” educational offering. For information regarding administrative policies such as complaints or refunds, please contact TMA at 312-578-6900.

Convention Program (excludes Advanced Educational Session)• CPAs —maximum of 7.5 hours of CPE • CTPs—maximum of 7.5 hours of CPE• Attorneys—7.5 hours (50-minute hour) or 6.25 hours (60-minute hour).

CLE applications are pending with individual state bars. TMA cannot guarantee state bar approval. Please visit www.turnaround.org for updates.

Continuing Education Credit

Continuing Education

The CTP program also offers an interim designation, the Certified Turnaround Professional–Designate (CTP-D), for those applicants who are working in the corporate renewal profession but have not yet acquired all of the necessary CTP work experience. This interim step to full certification indicates that the candidate has demonstrated proficiency in the legal, managerial and financial aspects of a turnaround and is concurrently working toward the CTP designation.

The CTP and CTP-D certification processes consist of the following steps:1. Completion and submission of the Applicant Portfolio2. Six-week Standards Subcommittee review process (including in-depth

portfolio review; determination of examination eligibility; notification of eligibility status)

3. Successful completion of certification examinations4. Successful completion of Public Comment Phase (one 60-day period

for CTP candidates; two 60-day periods for CTP-D candidates)

Please click here to learn more about the CTP certification.

Advanced Educational Session• CPE—maximum 1.5 hours• CTPs—maximum 1.5 hours • CLE — 1.8 hours (50-minute hour) or 1.5 hours

(60-minute hour)

The Turnaround Management Association is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on

the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding sponsors may be addressed to The National Registry of CPE Sponsors, 150 Fourth Avenue North. Ste. 700, Nashville, TN 37219-2417. Website: www.nasba.org.

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Visit the Exhibit Hall

Annual convention exhibitors provide critical services to corporate renewal professionals. Don’t miss this opportunity to learn how more than 80 service providers, including investors, asset-based lenders, accounts receivable outsourcing professionals, appraisers, real-estate consultants, liquidators and advisors, among others, will benefit your business. To learn more about the exhibit hall, including opportunities to exhibit, please contact Joe Karel at 312-242-6039 or jkarel@turnaround.org.

ABF JournalAccuVal Associates, IncorporatedAdams-Levine, Surety Bond SpecialistsAmerican Bankruptcy InstituteAmerican Board of Certification (ABC)American FinascoAngelo Gordon & Co.Association of Insolvency and Restructuring Advisors (AIRA)Atlas Partners, LLCThe Atwell CompaniesBH PropertiesBayside Capital Bibby Financial Services (USA)The Branford GroupBridge Finance GroupBrownfield Restoration Group, LLCBusiness CapitalBusiness Capital, Risk Control Services LLCCarVal InvestorsCentury Services (USA) Inc.Coface Collections North America Inc.Commercial Finance Association (CFA)Corporation Service CompanyThe Deal, LLCDow JonesEmerald Technology Valuations, LLCEuler Hermes ACIFirst CapitalGoIndustry-DoveBid Gordon Brothers GroupGreat American GroupGreystone Private Equity

Hunt Special Situations Group, L.P.Insight EquityInternational Factoring AssociationInternational Sureties, Ltd.Keen Consultants, The Real Estate Division of KPMG Corporate FinanceKoster Industries, Inc.Libra Securities, LLCLiquid Asset Partners LLCMaynards IndustriesMedical Capital CorporationMelville Capital Life SettlementsMesirow Insurance ServicesMohawk MachineryNational City Business CreditNorthern Healthcare CapitalNRC Realty Advisors, LLCPremier BPORabin WorldwideThe Receivables ExchangeRepublic Financial CorporationRitchie Brothers AuctioneersSB Capital Group, LLCSentinel Capital PartnersSierra Case Management Services, LLCSun Capital Group, Inc.Tiger Valuation Services LLCTrinity Financial Services LLCUS CapitalV-Rooms–Virtual Data RoomsWCM AssociatesWest, a Thomson Reuters BusinessWillis/HRH

Exhibit Hall Hours Wednesday, October 7, 6:00 p.m.–7:00 p.m.

Thursday, October 8, 9:45 a.m.–12:30 p.m.; 3:00 p.m.–7:30 p.m.

Friday, October 9, 7:30 a.m.–11:00 a.m.

Cyber CaféWhile you’re away from the office, stay connected at TMA’s Cyber Café. Connect to the Internet, check email or update and print documents on one of several computer workstations. The Cyber Café is located in the TMA exhibit hall and will be open during exhibit hall hours.

Past Exhibitors

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Registration Policies

Registration FeesUnless otherwise indicated, registration fees include educational sessions, meals and social functions. Convention events are not pro-rated. To attend any portion of the convention, you must register for the entire convention at the appropriate fee as indicated on the registration form and in the chart below. The registration fee provides admission for one individual only. Registrations may not be shared. All registered attend-ees will receive a name badge at the convention that must be worn for admittance into all sessions, meals, social events and the exhibit hall.

Registration CategoriesPlease register by completing the registration form or using TMA’s online registration. Registration fees are listed in the chart below, and descriptors of these registration categories follow further below.

Category

On or before August 14

After August 14

After Sept. 30

Member $1195 $1395 $1495

Nonmember $1395 $1595 $1695

Full-time Academic/Government Employee $750 $950 $1050

Spouse/Guest Full Registration $520 $520 $520

Spouse/Guest Event Pass $275 $275 $275

The member registration fee is for current, active TMA members. Please note that TMA membership is on an individual basis. Unless oth-erwise appropriate as defined below, all other attendees will be charged the nonmember fee. If it comes to be that an individual registers at the member rate and TMA has no membership record, the individual will be charged the nonmember rate unless s/he can produce proof of member-ship. If you are interested in joining TMA, please contact the member-ship department at 312-578-6900 or info@turnaround.org.

For the full-time academic/government employee registration fee, a full-time academic is defined as a student enrolled in at least 12 credit hours per term at an accredited university or an instructor employed on a full-time basis by an accredited university. Please submit appropriate documentation with your registration form.

The spouse/guest full registration fee is for family members, friends and/or non-industry related individuals. TMA members are not eligible for this registration option. Individuals who practice in the corporate re-newal industry and who are not TMA members are also not eligible for this registration option. Spouse/guest full registration includes entrance to all meals, social functions, keynote presentations and the exhibit hall. Spouses/guests will receive a name badge at the convention that must be worn for admittance into these events. Except for the event pass detailed below, meals and social functions are not available on a pro-rated basis for spouses/guests. To attend any of the sessions included in this fee, you must register your spouse/guest at the full rate.

The spouse/guest event pass is for family members, friends and/or non-industry related individuals. TMA members are not eligible for this pass. Individuals who practice in the corporate renewal industry and who are not TMA members are also not eligible for this pass. The pass allows entry into the following events only:

• Wine and Cheese Reception (Wednesday, October 7) • Opening Reception (Wednesday, October 7) • Gala Reception (Thursday, October 8) • Dinner (Thursday, October 8) Access to keynote presentations, awards presentations, events not indicated above and/or the exhibit hall requires full spouse/guest registration. On-site registration for members, nonmembers, and full-time

academics/government employees will be subject to a $100 surcharge (added to the post-August 14 fees). This fee does not apply to the advanced educational session or spouse/guest registration options.

Submitting Your RegistrationRegistration forms must be mailed or faxed to TMA. You may also register online. Phone registration is not accepted. Registrations are not considered complete until payment is received. Individuals who register for the early registration fee but fail to provide payment before the Friday, August 14, 2009, early-bird deadline will be charged the regular registration fee. The registration form and payment must be received, not postmarked, by August 14. Postmarks will not be considered. Registered attendees will receive confirmation of their registration by email. For those individuals who register online, this notice is in addition to that which is automatically sent confirming the online transaction. This notice contains important convention details. Please carefully review the information for accuracy, especially your contact information, and please print a copy for your records. Changes must be submitted in writing by fax to 312-578-8336 or email to Angela Worlds at aworlds@turnaround.org. A confirmation notice is not required for admittance into the convention.

Pre-registration DeadlineWednesday, September 30, 2009Only on-site registration forms will be accepted after Wednesday, September 30, 2009. TMA will not accept any registration forms or substitution notices in advance of the convention after this date. On-site registration opens at the J.W. Marriott Desert Ridge on Wednesday, October 7, 2009, at 7:00 a.m. Please note that a $100 on-site registration surcharge will apply for certain registration categories (there is no sur-charge to substitute a registration on-site).

Registration List Deadline & DistributionWednesday, September 23, 2009To ensure your inclusion in the registration list distributed with the on-site convention materials, your registration form, with payment, must be received at TMA’s international headquarters office by 11:59 p.m. Central on Wednesday, September 23, 2009. Registered attendees will receive an advance copy of this list by email one week prior to the convention. Post-convention, a final registration list will be emailed to all registered attendees. The post-convention list will include the names of those indi-viduals who registered after the September 23 registration list deadline.

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Please carefully review the following policies. Registrants who fail to attend the convention and do not notify TMA in accordance with these policies and deadlines are responsible for full payment; this applies to policies for recreational events, as well.

Cancellation PolicyNotification of cancellation must be submitted in writing (email is acceptable). Cancellations will not be reviewed or processed until they are received in writing. Phone cancellations are not accepted.Cancellations received on or before Wednesday, September 23, 2009, will be refunded as follows: Entire Convention Cancellation: Attendee will receive a refund for

the total cost of convention less a $250 processing fee. If the cancel-lation also includes cancellation of a spouse/guest registration (either spouse/guest registration option) and any events for which s/he may be registered, the refund will be for the total of all registration fees less the $250 processing fee.

Spouse/Guest Full Registration Cancellation Only: Attendee will receive a refund for the full registration and any events for which the spouse/guest may be registered less a $150 processing fee.

Spouse/Guest Event Pass Cancellation Only: Attendee will receive a refund for the event pass and any events for which the spouse/guest may be registered less a $75 processing fee.

Advanced Educational Session: Attendee will receive a refund for the cost of the session less a $25 processing fee.

Refunds will be issued following the convention, no later than November 6, 2009. Cancellations received after Wednesday, September 23, 2009, will not be refunded. This includes the entire convention registration and/or any portion of the registration. TMA does not issue credits for future confer-ences. Please note that if you register for the convention after these cancella-tion dates have passed, you will not be eligible for any type of refund. These cancellation policies apply to all individuals, regardless of when the registration form is submitted. Unless otherwise indicated in your cancellation notice, TMA will not cancel the membership renewal portion of any registration. If you would like to cancel the membership renewal portion of your registration, please indicate that within your cancellation notice. Cancelled membership renewals will be refunded in full.

Substitution PolicySubstitutions are permitted at any time. Substitutions must be submitted in writing (email is acceptable). Substitutions will not be reviewed or processed until they are received in writing. Phone substitutions are not accepted. The substitute must be from the same firm as the original registrant, and the substitu-tion notice must contain accurate contact information for the new registrant; otherwise, TMA cannot guarantee an accurate listing in the registration list. Substitutions must be of the same membership status/category (e.g., member, nonmember, academic); otherwise, the substitute will be invoiced for the difference in registration fees. Please note that substitutions made after September 23, 2009, will not be reflected on the registration list, per the policy outlined in this brochure. Entire Convention: Substitution of an entire convention

registration includes the fees for educational sessions, recre-ational activities and/or spouse/guest registration included with the original registration. If the substitute does not wish to utilize one or more of these options, TMA’s cancellation policies will be applied.

Spouse/Guest Full Registration or Event Pass: Substitu-tions are allowed for the spouse/guest registration options provided that the substitute is a spouse/guest of a registrant from the same firm as the original registrant, meaning spouse/guest registration is transferable only within the same firm.

Advanced Educational Session: Substitutions are allowed at any time provided that the substitute is from the same firm as the original registrant.

Membership renewals are non-transferable. In the case of a substitution for an entire convention registration that includes membership renewal, the membership renewal is retained by the original registrant.

Questions?TMA’s professional staff team is here to help. If the person with whom you need to speak is not listed below, please click here for a complete staff list.

Executive DirectorLinda Delgadillo, CAE312-242-6028 ldelgadillo@turnaround.org

Registration Angela Worlds312-242-6035 aworlds@turnaround.org

MembershipMary Carravallah312-242-6037 mcarravallah@turnaround.org

General convention, speakers, Student Paper Competition Laura Ivaldi312-242-6030 livaldi@turnaround.org

Event sponsorship, exhibit hall, Cornerstone programJoe Karel312-242-6039jkarel@turnaround.org

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Drink TicketsConvention registration and spouse/guest full registration includes six complimentary drink tickets that will be available in the on-site convention materials. The spouse/guest event pass includes four com-plimentary drink tickets. Drink tickets are required for the following events only:

• Opening reception (Wednesday, October 7)• Gala cocktail reception (Thursday, October 8)

Drink tickets are not required at any other events. Drink tickets are for alcoholic beverages only (includes beer, wine and liquor). Soft drinks, juice and water are available at no charge. The bars at the receptions requiring drink tickets will not accept cash. Additional drink tickets may be purchased at the TMA registration desk. Tickets will only be sold in books of six for $40/book.

Attire• Educational sessions: business casual• Social events: business

Business casual: For men, includes cotton pants such as khakis, polo-type or button-down collared shirts, sport coats. For women, includes slacks or cotton pants, button-down shirts or tops.

Business (after five/cocktail attire): For men, includes collared, button-down shirts, suit and tie. For women, includes pant/skirt suits or dresses.

Thanks to the 2009 Annual Convention Committee

• Chair: Robert N. Dangremond, CTP, AlixPartners, LLP• William Derrough, Moelis & Company• Holly Felder Etlin, CTP, AlixPartners, LLP• Anne M. Roslin, Platinum Funding Group• Baker A. Smith, CTP, BDO Consulting Corporate Advisors LLC• Sheila T. Smith, Deloitte Financial Advisory Services LLP• William K. Snyder, CTP, CRG Partners Group LLC• Andrew M. Toft, Andrew M. Toft Attorney at Law

Additional Convention SponsorsEvent sponsors provide financial support for TMA’s international conferences. In addition to those sponsors listed

in the agenda, the following sponsors have also generously provided support for the TMA 2009 Annual Convention:

• Bond, Schoeneck & King PLLC (The Wall Street Journal room drop —Thursday)

• Deloitte Financial Advisory Services LLP (Room keys)

• FTI Consulting, Inc. (Program book/CD-ROM)

• Getzler Henrich & Associates, LLC (Convention bags)

• Gordon Brothers Group (Pocket agenda)

• Interim America (The Wall Street Journal room drop —Thursday)

• Republic Financial Corporation (Lanyards)

• Skadden, Arps, Slate, Meagher & Flom LLP (Program book/CD-ROM)

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Convention Sponsors

BOND, SCHOENECK & KING, PLLCATTORNEYS AT LAW NEW YORK FLORIDA KANSASB S & K

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Abacus Advisors Group LLC

AccuVal Associates, Inc.

American Management Advisors Inc.

Anderson Bauman Tourtellot Vos

Andrew M. Toft, Attorney at Law

ARG Recovery, LLC

Atlas Partners, LLC

Bank of America Business Capital

Bankers Advocate Group

BBK

BDO Consulting Corporate Advisors LLC

Beane Associates, Inc.

Bederson & Co., LLP

Bond, Schoeneck & King, PLLC

Buccino & Associates, Inc.

Cadwalader, Wickersham & Taft LLP

Cairncross & Hempelmann, P.S.

CapitalSource

Cedar Croft Consulting Ltd.

Continental Advisory Services, LLC

Conway MacKenzie, Inc.

Cooley Godward Kronish LLP

CRG Partners

The Daley-Hodkin Group

Deloitte Financial Advisory Services LLP

DLA Piper US LLP

DrinkerBiddleGardnerCarton

Executive Sounding Board Associates Inc.

Fennemore Craig, P.C.

First American Corp. - UCC Division

Focus Management Group

Forman Holt Eliades & Ravin LLC

FTI Consulting, Inc.

Getzler Henrich & Associates LLC

Gordon Brothers Group, LLC

Grant Thornton LLP

Harney Partners LLC

Health Capital Investors, Inc.

Huron Consulting Group

Jager Smith P.C.

JPMorgan Chase & Co.

KPS Special Situations Funds

Kugman Associates

Lake Pointe Partners, LLC

LBC Credit Partners, Inc.

The Meridian Group

Meriturn Partners, LLC

Mesirow Financial Consulting, LLC

Midwest Business Capital

MorrisAnderson

NachmanHaysBrownstein, Inc.

Northern Healthcare Capital, LLC

Paul Hastings Janofsky & Walker LLP

Penn Hudson Financial Group LLC

Phelps Consulting Group

Prime Locations LLC

Quarles & Brady LLP

Quest Turnaround Advisors, LLC

RAS Management Advisors, Inc.

RCS Real Estate Advisors

Republic Financial Corporation

Rhone Group Advisors

Riemer & Braunstein LLP

RJ Reuter Business Consulting

Rochelle, Hutcheson & McCullough, LLP

Ruskin Moscou Faltischek, P.C.

San Filippo & Associates, LLC

SB Capital Group, LLC

The Scotland Group, Inc.

Sullivan & Worcester LLP

Treadstone Partners, LLC

Trimingham Inc.

Tucker Arensberg, P.C.

Wachovia Capital Finance

White Oak Group

Windham Professionals, Inc.

Winston & Strawn LLP

Wiss & Company, LLP

XRoads Solutions Group

Cornerstone 15 Campaign DonorsThe Cornerstone 15 campaign was launched in 2003 during the TMA’s 15th anniversary celebration to establish a new board-designated endowment dedicated to industry research and the development of continuing education programs.

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ReservationsTo reserve a room at the J.W. Marriott Desert Ridgewww.jwdesertridgeresort.com, please call 800-835-6206 or 480-293-5000. Mention Turnaround Management Association to receive the group room rate of $292/night, single or double occupancy.

This rate is only available through Monday, September 7, 2009. TMA cannot guarantee that the room block or hotel will not sell out before then. Please make your reservation soon. The J.W. Marriott Desert Ridge is located at 5350 E. Marriott Drive, Phoenix, AZ 85054. The guest fax number is 480-293-3600.

TMA requires that a convention registration form (which includes payment) be received within ten business days of making a hotel reservation. TMA reserves the right to terminate the hotel reservation of any individual who does not comply with this policy.

ParkingValet parking is available for $25/day, plus tax, with unlimited in/out service for overnight valet parking only (unlimited in/out service is not available for daily valet parking). Self-parking is available for $10/day, plus tax, on a first-come, first-served basis.

J.W. Marriott Desert Ridge and the Phoenix Experience

Considering feedback of past attendees who were taken by this stunning resort, TMA is thrilled to return to the J.W. Marriott Desert Ridge for the third time. We’re confident that the resort will continue to provide the perfect backdrop for an incomparable experience.

Experience the J.W. MarriottInspired by the majesty of the Grand Canyon, the J.W. Marriott Desert Ridge redefines the resort experience. The elements of nature—fire, water, earth and sky—have been woven into the architectural design to let every guest experience the pleasures of the distinctive surroundings. Additionally, the resort offers swimming pools and wandering waterways, two 18-hole golf courses, a fitness center, full-service spa and ten eateries to accommodate every craving.

Experience Phoenix Surrounded by the natural wonder of the Sonoran Desert, Phoenix offers the flavor of the Old West combined with a thriving metropolitan area brimming with cultural activity. And, Phoenix provides more than 325 days of sunshine annually. Consider the following sites as part of your Phoenix and Arizona experience:

The Heard Museum, highlighting the native cultures of the region www.heard.org

The Desert Botanical Gardens, home to the world’s largest collection of arid-land plants www.dbg.org

South Mountain Park, the largest municipal park in the world, brimming with outdoor adventure phoenix.gov/PARKS/hikesoth.html

The Grand Canyon, for all its majesty and wonder www.nps.gov/grca

Arizona Theatre Company performs in Phoenix, Tucson and Mesa arizonatheatrecompany.org

Scottsdale Museum of Contemporary Art exhibits works of modern and contemporary art, architecture and design scottsdalearts.org

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Cornerstone Program DonorsCornerstone Capital DonorsBank of America Business Capital Gordon Brothers Group, LLC Huron Consulting Group

Cornerstone DonorsCIT

Leadership DonorsAbacus Advisors Group LLCBBKDe loitte Financial Advisory

Services LLPDrinkerBiddleGardnerCarton Realization Services, Inc.Sk adden, Arps, Slate, Meagher &

Flom LLP

Sustaining DonorsAnderson Bauman Tourtellot VosBank of America Commercial FinanceBuccino & Associates, Inc.Cooley Godward Kronish LLPEx ecutive Sounding Board

Associates Inc.FTI Consulting, Inc.GoIndustry DoveBidMesirow Financial Consulting, LLCMorrisAndersonNachmanHaysBrownstein, Inc.Prime Locations LLCThe Scotland Group, Inc.Wachovia Capital FinanceWells Fargo Business Credit, Inc.

Benefactor DonorsAEG Partners, LLCAlixPartners, LLPAtlas Partners, LLCCadwalader, Wickersham & Taft LLPCorporate Renewal Services, Inc.Forman Holt Eliades & Ravin LLCJPMorgan Chase & Co.Lake Pointe Partners, LLCQuarles & Brady LLPRAS Management Advisors Inc.Riemer & Braunstein LLPTrimingham, Inc.Wells Fargo FoothillWhite Oak GroupXRoads Solutions Group

Patron DonorsAtwell, Curtis & Brooks, Ltd./ University Management Associates & Consultants Corp.

Aurora Management Partners Inc.Bear Stearns & Co.The Belet Group, Inc./ Belet Acquisitions, Inc.Blank Rome LLPCarl Marks Advisory Group LLCConway MacKenzie, Inc.FINOVA Capital CorporationGetzler Henrich & Associates LLCHorizon Management Inc.Kugman AssociatesThe Nassi Group, LLCNa tCity Investments

Special Situations GroupPhilip + Company, Inc.RCS Real Estate AdvisorsSan Filippo & AssociatesSchulte Roth & Zabel LLPWells Fargo Bank, N.A.Wells Fargo Retail Finance

Supporter DonorsAccuVal Associates, Inc.Allomet Partners, Ltd.American Management Advisors, Inc.Andrew M. Toft, Attorney at LawARG Recovery, LLCBankers Advocate GroupBDO Consulting Corporate Advisors LLCBeane Associates, Inc.Bederson & Co. LLPBond, Schoeneck & King PLLCCairncross & Hempelmann, P.S.Caledonia Group Inc.Capital Restoration, LLCCapitalSourceContinental Advisory Services, LLCCRG PartnersThe Daley-Hodkin GroupDickinson Wright PLLCDLA Piper US LLPEMCC, Inc.Emerald Technology Valuations, LLCFennemore Craig, P.C.The Finley GroupFirst American Corp. - UCC DivisionFirst Resource CorporationFocus Management GroupFort Dearborn Partners, Inc.Gibson, Dunn & Crutcher LLPGiuliani Capital Advisors LLCGrant Thornton LLPGreat American GroupGreenberg Traurig, LLPHarney Partners LLC

Harvard Turnaround ManagementHealth Capital Investors, Inc.HilcoHill & Gertner Capital CorporationHoulihan Lokey Howard and ZukinHSG Services Inc.Jager Smith P.C.Joe Foster Real Estate AdvisorsKBK Financial, Inc.KPS Special Situations FundsLain Faulkner & Co.LBC Credit Partners, Inc.McShane GroupMehmco Financial Services Inc.The Meridian GroupMeriturn Partners, LLCMidwest Business CapitalMiles & Stockbridge P.C.Mission Capital AdvisorsModesitt Associates, Inc.The Nauset Group, Inc.Northern Healthcare Capital, LLCThe Parkland Group, Inc.Paul Hastings Janofsky & Walker LLPPenn Hudson Financial Group, LLCPhelps Consulting GroupPhoenix Advisors & Collections, Inc.Phoenix Management Services, Inc.Project Executive Group, Inc.ProtivitiQuest Turnaround Advisors, LLCRenaissance Partners, L.C.Republic Financial CorporationRhone Group AdvisorsRJ Reuter Business ConsultingRo chelle, Hutcheson &

McCullough, LLPRSM McGladreyRuskin Moscou Faltischek, P.C.SB Capital Group, LLCSherman, Lavallee & Associates, LLCState Securities PLC (United Kingdom)Sterling Supply Co.Stout Risius Ross, Inc.Strategic Management Partners, Inc.Stutman, Treister & GlattSullivan & Worcester LLPTeamWork Technologies, Inc.Tono-Bungay Consulting, Inc.Treadstone Partners, LLCTucker Arensberg, P.C.Windham Professionals, Inc.Winternitz, Inc.Wiss & Company, LLPP

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To Register Online, click here. Note that pre-registration closes on September 30, 2009. Only onsite registration will be accepted after this date, and certain registration categories are subject to an onsite surcharge. Please review page 12 of the brochure for complete details about these policies.

Full name ___________________________________________________ Goes by/nickname (for badge) _________________________Company ______________________________________________________________________________________________________Address ____________________________________________ City ________________________ State _________ Zip ____________Phone/Fax __________________________________________________ E-mail ____________________________________________

æ First time attendee at an Annual Convention

Registration Fees On or before August 14 After August 14æ Member $1195 $1395æ Nonmember $1395 $1595æ Full-time academic/Government employee $750 $950æ Advanced Educational Session $125 $125

Spouse/Guest Registration (See page 12 of the online brochure for details about these registration options.)æ $520 Full registration æ $275 Event passSpouse/guest full name ___________________________________________________ Goes by _________________________________City, State _____________________________________________________________________________________________________

Recreational Activitiesæ Tennis Tournament $50/personQuantity ________ Additional registrant(s) ____________________________________________________ Your ability level: æ Advanced æ Intermediate æ Beginner Additional registrant’s ability level: æ Advanced æ Intermediate æ Beginner

æ Golf Tournament $295/personQuantity ___________ Additional registrant(s) ____________________________________________________ Your handicap _______ Additional registrant’s handicap _______Golf club rental needed? æ Yes æ No Quantity _______ æ Left-handed æ Right-handedPairing request ___________________________________________________________________________________

æ Women’s Professional Networking Group Poolside Lunch $50/person Quantity ___________

Membership RenewalRenew your membership for 2010. All fees are in U.S. dollars.æ $300 Membership æ $125 Government/Academic æ $ 75 Student

Paymentæ Check enclosed (payable in U.S. funds to Turnaround Management Association)æ Visa æ MasterCard æ American ExpressCredit card number ___________________________________________________ Expiration date ______________________________Printed named on credit card (please print) ____________________________________________________________________________Signature _____________________________________________________________________________ Total amount paid $ ________æ Special needs •r _____________________________________________________________________________________________

Questions about registration may be directed to Angela Worlds at 312-242-6035 or aworlds@turnaround.org. Please carefully review all registration, cancellation and substitution policies detailed on page 12 and page 13.

Mail or fax your completed registration form to: Turnaround Management Association, 150 South Wacker Drive, Suite 900, Chicago, IL 60606 • Fax: 312-578-8336

TMA staff use only

Date Rec’d: Batch #: Amt. Pd: Conf #: Date Ent: Batch Date: Check #: Conf. Sent: Notes:

Registration Form