Mr. Michael B. Targoff has been Consultant of Loral Space & Communications Inc. since December 14, 2012. Mr. Targoff served as Chief Executive Officer of CineComm since May 1998. He served as the Chief Executive Officer of Space Systems/Loral, Inc. and SS/L Holdings, Inc. He founded Michael B. Targoff & Co. in 1998 and was its Owner and also served as its Chief Executive Officer from January 1998 to February 2006 and Principal from 1998 to February 2006. He served as the Chief Executive Officer of Loral Space & Communications Inc. an affiliate of Space Systems/Loral Inc. from March 01, 2006 to December 14, 2012 and served as its President from January 08, 2008 to December 14, 2012. He served as the President and Chief Operating Officer of Old Loral from 1996 to 1998. He served as the President of Globalstar Telecommunications Ltd. and Chief Operating Officer of Globalstar LP from May 1996 to January 1998. From April 1996 to January 1998, he served as the President and Chief Operating Officer of Loral Space & Communications, Inc. From April 1992 to April 1996, He served as Senior Vice President of Lockheed Martin Tactical Systems, Inc. He served as Secretary of Lockheed Martin Tactical Systems, Inc. and also served as its General Counsel until January 1996. Prior to joining Loral in 1981, he was a Partner in the New York City office of Willkie Farr & Gallagher. He has been the Chairman of CineComm since May 1998. He serves as the Chairman of XTAR LLC, International Components Corporation, Tangerine Global LLC, Ampliphy Inc., and M5 Networks Inc. He served as the Chairman of CPI International Inc. and CPI International Holding Corp. from March 2004 to February 11, 2011. He served as the Chairman of Communication Power Industries Inc., a wholly-owned subsidiary of CPI Holdco Inc. He has been the Non-Executive Vice Chairman of Loral Space & Communications Inc. since November 21, 2005. He has been Vice Chairman of SS/L Holdings, Inc. since November 2005. He serves as Vice Chairman of Loral Skynet Corporation. He served as Vice Chairman of Space Systems/Loral, Inc, since November 2005. He has been a Director of Telesat Holdings Inc. and Telesat Canada since October 31, 2007. He serves as a Director of Astrum Value Homes Pvt. Ltd. He has been a Director of Loral Space & Communications Inc. since November 2005. He has been a Director of Cricket Communications Inc., since September 1998. He has been a Trustee of Cancer Research Institute, Inc. (CRI) since April 2010. He served as a Director of Leap Wireless International Inc. from September 1998 to March 13, 2014. He served as a Director of CPI International Inc., CPI International Holding Corp. and Communications & Power Industries Inc. from January 2004 to February 11, 2011. He served as a Director of Kayne Anderson MLP Investment Co. from July 2004 to June 15, 2005; ViaSat Inc., from February 27, 2003 to February 24, 2012; Globalstar Telecommunications Ltd. since 1994; Infocrossing Inc. from May 2001 to January 2006; and CTK Windup Corp. from May 19, 2003 to November 3, 2004. He served as a Director of Foremost Corporation of America since August 7, 1997. He served as a Director of Audible Magic Corporation and Strasbaugh. He was Editor of the Columbia Journal of Law and Social Problems at Columbia University School of Law. Mr. Targoff holds a Bachelor of Arts degree from Brown University in 1966 and a J.D. from Columbia University School of Law in 1969, where he was a Hamilton Fisk Scholar.