Key Management

Henry J. Abbott

Director (CCC, CCSC, & CIGF, Inc.) President (CCC, CIGF, Inc.) Portfolio Director (CCC & CIGF, Inc.) EVP (CCSC)

Henry J. Abbott, age 60, joined Commonwealth in 1998, as a Portfolio Manager. Mr. Abbott serves as Director, President and Portfolio Director of the parent and its general partner affiliate. Mr. Abbott is also Executive Vice President and a registered principal of the broker/dealer. He is responsible for lease acquisitions, equipment dispositions and portfolio review. Additionally, Mr. Abbott is also responsible for oversight of residual valuation, due diligence, equipment inspections, negotiating renewal and purchase options and remarketing of off lease equipment. Mr. Abbott serves as senior member on the Portfolio Advisory Committee, the Audit Committee, the Disaster Recovery Committee and the Facilities Committee.

Prior to Commonwealth, Mr. Abbott was active in the commercial lending industry, working primarily on asset-backed transactions for more than 30 years. Mr. Abbott attended St. John's University and holds his FINRA Series 7, 63 and 24 licenses. Mr. Abbott was a founding partner of Westwood Capital LLC in New York, a Senior Vice President for IBJ Schroeder Leasing Corporation and has managed a group specializing in the provision of operating lease finance programs in the high technology sector. Mr. Abbott brings extensive knowledge and experience in leasing and has managed over $1.5 billion of secured transactions. Mr. Abbott is a member of the Equipment Leasing Association and the Investment Program Association.

Lynn A. Franceschina

Director & EVP (CCC, CIGF, Inc.) SVP (CCSC)

Lynn A. Franceschina, age 38, joined Commonwealth in 2001 and serves as Executive Vice President of CCC and the General Partner, Senior Vice President of CCSC, and Chief Operations Officer and Director of CCC, CCSC, and the General Partner and certain of its affiliates. Ms. Franceschina is responsible for daily operations, including oversight of all accounting, financial reporting and tax functions, investor communications, and human resources.

During the period of March 2004 to October 2004, Ms. Franceschina was employed with Wilmington Trust Corp., where she was part of the policies & procedures team responsible for Sarbanes Oxley documentation. Prior to joining Commonwealth, Ms. Franceschina was the Business Controls Manager for Liquent, Inc., a leading software developer, where she was responsible for managing corporate forecasting and analysis, as well as the budgeting for the sales & marketing division. From 1999 to 2000, she served as Senior Financial Analyst for Environ Products, and from 1994 to 1999, she was a Senior Accountant with Duquesne University. Prior to joining Duquesne University, Ms. Franceschina was an accountant with the public accounting firm of Horovitz, Rudoy, & Roteman.

Ms. Franceschina is a Sigma Beta Delta graduate of Robert Morris University, during which time she also served as treasurer of her Alpha Chi national honor society chapter. Ms. Franceschina holds her FINRA Series 22, 63, and 39 licenses. She is a member of the Disaster Recovery Committee, the Equipment Leasing Financing Association, the Investment Program Association, and the Institute of Management Accountants.

Jay Dugan

Director, Chief Technology Officer & EVP of (CCC)

Jay Dugan, age 62, joined Commonwealth in 2002 and serves as Director, Chief Technology Officer and Executive Vice President of the parent company and its affiliates. Mr. Dugan is responsible for the information technology vision, security, operation and ongoing development, including network configurations, protection of corporate assets and maximizing security and efficiency of information flow.

Prior to Commonwealth, Mr. Dugan founded First Securities USA, an FINRA member firm, in 1988 and operated that firm through 1998. From 1999 until 2002, Mr. Dugan was an independent due diligence consultant until he came to Commonwealth to develop that area of the firm.

Mr. Dugan attended St. Petersburg College and is a Magna Cum Laude graduate with a Bachelors of Applied Science in Technology Management and an Associates of Science Degree in Computer Networking Technology. He is a Microsoft Certified Systems Engineer, Microsoft Certified Database Administrator and Cisco CCNA. Mr. Dugan is a senior member of the Disaster Recovery Committee, as well as oversight member of the Website Committee.

Peter Daley

Board of Directors of CCC

Peter Daley, age 70, joined the board of directors of CCC in 2006. Mr. Daley has been in the computer business since 1965, first with IBM as a computer broker/lessor and then with Daley Marketing Corporation (DMC), a firm he founded in July 1980 to publish reports about computer equipment, including "Market Value Reports" and "Residual Value Reports."

Mr. Daley is president of DMC Consulting Group, a separate company that specializes in writing Appraisals, Portfolio Analysis and Property Tax Valuation from Fair Market Value (FMV) to Residual Value (RV) valuations. While at DMC, from 1980 to the present, Mr. Daley developed a database of "Fair Market Value" equipment values utilizing a variety of reports and publications along with the DMC and CEI Market Value Reports.

Mr. Daley has also previously testified in California, Minnesota, Michigan, New York and the Virginia Courts as an expert in the field of valuation of computer equipment. Mr. Daley attended Cal State Northridge and attended Pepperdine University and holds an MBA. Mr. Daley is an Accredited Senior Appraiser through the American Society of Appraisers.

Mark Hershenson

Senior Vice President, Broker/Dealer Relations Manager (CCC, CCSC, CIGF, Inc.)

Mark Hershenson, age 44, joined Commonwealth in 2002 and serves as Senior Vice President and Broker Dealer Relations Manager of the parent and its affiliates. Mr. Hershenson is responsible for management of all broker/dealer relationships, and over-sees the Due Diligence, Marketing, and Broker Services Departments.

Prior to Commonwealth, Mr. Hershenson served as part of a financial planning practice at American United Life from 1999 through 2002. He has written a book for the Florida Insurance Commissioner on how to sell insurance products. Additionally, in 1991 through 1998, Mr. Hershenson served as sales trainer at MetLife for over 100 registered representatives.

Mr. Hershenson attended Stonehill College and holds a Bachelor's in Psychology, with a concentration in Marketing/Organizational Behaviorism and Master's level coursework in Financial Planning though American College. He holds his FINRA Series 6, 7, 39 and 63 licenses. Mr. Hershenson is a member of the Equipment Leasing Association and the Investment Program Association.

James Pruett

Senior Vice President (CCC, CCSC & CIGF, Inc.), Compliance Officer (CCSC)

James Pruett, age 44, joined Commonwealth in 2002 and serves as Senior Vice President and Compliance Officer of the parent and its affiliates. Mr. Pruett is responsible for management of regulatory policies and procedures, assisting in compliance internal audit, associate regulatory filings, broker/dealer registrations, state and broker/dealer financial regulatory reporting requirements. Mr. Pruett assists in the management of shareholder records and updates. Mr. Pruett is a member of the Website Committee.

Prior to joining Commonwealth, Mr. Pruett served as Managing Editor/Associate Publisher for Caliber Entertainment, a publishing and entertainment licensing company. Mr. Pruett’s responsibilities included oversight of production of publishing library, as well as serving as Editor-in-Chief for all publications and additionally serving as Media Relations Liaison.

Mr. Pruett holds his FINRA Series 22, 39 and 63 licenses. He is a member of the Equipment Leasing Association and the Investment Program Association.

Donna Abbott

Vice President, Investor Services Manager (CCC, CCSC, CIGF, Inc.)

Donna Abbott, age 51, joined Commonwealth in 2001 and serves as Vice President and Investor Services Manager of the parent and its affiliates. Ms. Abbott is responsible for management of daily operations in Investor Services, from pre-formation stage through issuance of investors’ final distribution, communication, audited financial report, including fund masters, blue sky coordination, subscription processing, distributions, transfers of interest, redemptions, reporting and tax reporting.

Ms. Abbott is a member of the Website Committee and the Disaster Recovery Committee. Ms. Abbott holds her FINRA Series 22 and 63 licenses.

Prior to joining Commonwealth, Ms. Abbott served as a Pennsylvania licensed realtor. Ms. Abbott is a member of the Equipment Leasing Association and a member of the Investment Program Association.