Mission/Vision History of LifePoint Leadership • Dale E. Toney • Dan L. Bates • Michael S. Dafferner • Petri L. Darby • L. Randy Howard • Steven H. Toth Financial

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Dale E. Toney
President & Chief Executive Officer
In 2005, Mr. Toney experienced a life changing event that clarified his perspective on the significance of his vocation. These events led to Mr. Toney and Dan L. Bates co-founding LifePoint Charitable Endowment, Inc. in 2008 to creatively apply their unique expertise in life insurance, life settlements and life insurance portfolio management to make a difference in the world. Mr. Toney has 15 years of experience in corporate finance, mergers and acquisitions and the life insurance and life settlement industries.

Mr. Toney graduated from the University of Houston with a BBA in Finance in 1992 and an MBA in Finance & Entrepreneurship in 1996. He has since been involved in the formation and launch of over a dozen companies and played a management role in two public offerings. While undertaking his MBA, Mr. Toney was the Founding Program Manager for the Center for Entrepreneurship & Innovation at the University of Houston's College of Business. While running the program on a day-to-day basis, he raised private money for the Center and assisted in the design of the curriculum that is now used in the University's Entrepreneurship Major. In 2008, the UH entrepreneurship program was ranked #1 in the nation by Entrepreneur Magazine and The Princeton Review.

Between 1993 and 1995, Mr. Toney developed an early understanding of the new technologies beginning to change the face of business and organized "Internet for CEO's" conferences designed to brief executives on the implications of the emergence of the Internet on their businesses. He later used his understanding of the technologies driving the internet boom to develop strategies for deploying eCommerce business units within the two companies he helped take public. Subsequently, Mr. Toney formed Ironwood Ventures, LP, within which he launched and managed several companies, placed strategic investments for clients, consulted on mergers and acquisitions, and participated in equity and mezzanine funding of several pre-public companies.

Mr. Toney is currently a Partner in South Coast Settlements, LLC, a licensed life settlement provider and South Coast Life Liquidity, LLP, an estate planning firm in Spring, Texas. Mr. Toney acts in the capacity of Chief Executive Officer of the South Coast Companies and co-manages the sales and marketing force. His technical expertise in finance and his recent practical experience in life insurance portfolio management uniquely qualify him to lead LifePoint.

Dan L. Bates CLU, ChFC,
Executive Vice-President & Chief Financial Officer
In 2008, Mr. Bates and Dale E. Toney co-founded LifePoint Charitable Endowment, Inc. to creatively apply their unique expertise in life insurance, life settlements and life insurance portfolio management to assist charitable organizations meet their long-term financial challenges.

Mr. Bates has 30 years of experience in financial planning, sales, marketing and financial management within the life insurance and life settlement industries. His expertise in the areas of life insurance, life settlement portfolio management and financial management is critical in the active management of the endowment's life insurance assets.

Mr. Bates began his financial planning career with Connecticut Mutual Life in Fort Worth, Texas after obtaining his Bachelor's Degree in Business Administration from Texas Christian University. He subsequently obtained the Chartered Life Underwriter and Chartered Financial Consultant designations from the American College in Bryn Marr, Pennsylvania. Since establishing a business and estate planning practice in 1979, Mr. Bates has been the recipient of numerous industry awards and business related recognition. Mr. Bates became recognized as an authority in financial and estate planning for the multi-generational family business owner.

In the mid 1980's Mr. Bates became the General Agent for Massachusetts Mutual in Portland, Oregon, and acted in that capacity for twelve years before assuming that role with Businessmen's Assurance Company in Phoenix, Arizona. While with Massachusetts Mutual in Portland, Oregon, Mr. Bates was responsible for all operations in Oregon, eastern

Washington and Alaska. He was instrumental in the growth and development of the Oregon State University Family Business Program and lent his expertise to family businesses on estate planning, business succession and executive benefit issues. In Phoenix, Arizona, he established the Strategic Alliance for Family Business, an alliance of 15 professional firms that worked specifically with the unique needs of the multi-generational family business.

In 1997, Mr. Bates briefly left the life insurance industry to successfully engineer the merger and acquisition of three sports training facilities to form SportsTech International, LLC, a multi-sport training facility in Scottsdale, AZ. Under his leadership as the Managing Member, the resulting company doubled its locations and increased sales 400% in less than two years. Mr. Bates sold his interest in the company in January, 2000 to become the Executive Vice President of AFP Group, a fee-based financial planning firm in Houston, Texas.

Mr. Bates, and Mr. Toney, identified the need to integrate premium finance, life settlements and policy origination to provide a vertically integrated set of solutions for their estate planning clients. In 2003, they formed South Coast Life Liquidity, LLP, an estate planning firm and South Coast Settlements LLC, a licensed life settlement provider. South Coast Settlements has emerged as a successful life settlements provider having represented over $1.5 billion in face amount to the secondary market and developed an extensive network of policy buyers and agent/brokers from across the country. The result has been a developed expertise in all areas of an otherwise specialized market niche.

Michael S. Dafferner
Vice-President & Chief Operations Officer
Mr. Dafferner joined LifePoint in 2009, bringing extensive experience in operations, marketing, and customer and employee satisfaction. He has over 35 years of experience with major financial institutions including Bank of America, Nation's Bank, and First Interstate Bank. His background and training in Six Sigma process design and engineering has been key in building the operational infrastructure for LifePoint.

Mr. Dafferner began his banking career after graduating from Northern Illinois with an MBA in Finance, and a BS Degree in Marketing from Bradley University. In his work as senior vice-president and Director of Marketing for First Interstate Bank in Denver (now Wells Fargo), Mr. Dafferner was responsible for all marketing, and business and product development. In his role as executive vice-president for First City Bank in Houston (now JP Morgan Chase), he served as Manager of Consumer Banking and Marketing with 85 branch offices. During his tenure with First City Bank, Mr. Dafferner helped to introduce 10 new retail banking products, created a sales and service culture, and developed the branch expansion program and the telephone banking support center. Independent research indicated that First City Bank was rated #1 in Texas for having "knowledgeable and helpful" employees, and rated #1 for telephone customer service. He also served on the national Board of Directors of the PLUS shared ATM network.

Since 1996, Mr. Dafferner has served in several key roles with Bank of America, and Nations Bank. From 1996 to 2000 he was senior vice-president and Manager of Online Banking where he developed the infrastructure, operations processes, and service level standards to support Bank of America's online banking strategy-the fastest growing business segment in the company and the nation's largest PC banking network. From 2000 to 2002, he served as a Process Design Executive. Among his key projects was the company's implementation of digital imaging of over 40 million checks per day with business improvement savings in excess of $90 million.

Most recently, Mr. Dafferner was Employee Satisfaction Executive for Bank of America's operations group, responsible for initiatives to improve employee satisfaction, productivity, and retention. The scope of his activities included employee surveys, communications, websites, recognition and reward programs, and career opportunity programs. Employee satisfaction increased 20% as a result of his work, with a corresponding 25% reduction in turnover. Mr. Dafferner is Six Sigma Green Belt certified.

Petri J. Darby, APR
Chief Marketing Officer
Petri Darby serves as the chief marketing officer for LifePoint Charitable Endowment, Inc. He oversees the organization’s branding, public relations, advertising, and cause-corporate marketing efforts. With experience on the agency and client sides, in the non-profit and corporate arenas, Petri’s background spans nearly every communications discipline, and he has represented clients in nearly every industry.

Petri ran his own successful creative brand marketing, public relations, and writing shop for several years.

For five years before that, Petri served as the sole PR/corporate communications representative for one of the nation’s top full-service law firms where he was responsible for external communications and media relations, litigation and crisis communications, and internal and executive communications.

Prior, Petri served as the Brand Manager in the Make-A-Wish Foundation global headquarters in Phoenix, Arizona. There, he spearheaded three award-winning national ad campaigns, led the Internet teams that helped the Foundation become one of the top non-profit Internet fundraisers, handled national media relations and issues management, and managed the organization’s successful global re-branding effort.

Before moving to Houston, Petri was named by the Phoenix Business Journal as “One of the Valley’s Most Influential Under 30.”

At one of Arizona’s premier PR, public affairs, and ad agencies Petri worked as an account executive, developing and implementing crisis management, environmental community relations, media outreach and marketing programs for clients spanning nearly every industry. Some of his clients included Motorola, Nextel, BHP Copper, Luke Air Force Base, Hines, AT&T, Motorola, Citizens Water Resources, Central Arizona Project, Citizens Water Resources, Sumitomo Sitix of Phoenix, and the Pew Charitable Trusts.

Petri also was the public affairs director for a statewide non-profit higher education advocacy association and gained lobbying experience on the local, state and federal levels. He has worked on several political campaigns, including as the grassroots field coordinator for the first successful transit initiative in the Phoenix area, and on local, state, and federal candidate and issue campaigns.

Outside of his career, Petri has remained very active in the community. Petri currently serves on the Only in Houston board of directors. He also has served as the vice chair of the I Have a Dream – Houston board of directors and as a member of the Wing Aviation Scholarship Fund board. He also was on the board of directors of the Public Relations Society of America Houston chapter and volunteered for the Make-A-Wish Foundation.

Previously, Petri served as president of the Mesa Symphony Orchestra Board of Directors, vice president of the National Association of Broadcasters for Community Affairs Board, in several Board capacities for Ad 2 Phoenix, Ad 2 Houston, and National Ad 2, and on the advisory boards of the Arizona Center for the Blind & Visually Impaired and the Hugh O’ Brian Youth Leadership Conference. Petri has been a guest lecturer at two universities on marketing and public relations issues, was a state coordinator for Rock The Vote, and has mentored at-risk kids through after-school programs.

Petri is one of an elite group of communications professionals to have achieved an Accreditation in Public Relations (APR) and has had several articles and poems published in magazines and newspapers. He received his Bachelor’s Degree in media arts and a minor in sociology from the University of Arizona in Tucson. He and his wife Shannon and their two sons, Finley and Griffin, live in The Woodlands, Texas.

L. Randy Howard, P. E.
Member - Board of Directors
Mr. Howard joined the LifePoint Board of Directors in 2009, bringing experience of being on 16 current and prior boards, both business and civic, during his career.

Mr. Howard has worked for ExxonMobil for 33 years where he is Project Executive in charge of commercializing specialized new technologies. He has a degree in Mechanical Engineering from Texas Tech University. He has worked in a broad spectrum of the petroleum industry covering US and international business, including acquisitions, divestments, engineering, management, operations, planning, and research.

Steven H. Toth
Member – Board of Directors
Mr. Toth joined the LifePoint Board of Directors in 2009, having served as a bi-vocational pastor for over 25 years. He is currently serving as an Elder at WoodsEdge Community Church in The Woodlands, TX while also running a commercial and residential construction company. Mr. Toth came from New York in 1997 after a successful career with Johnson & Johnson to head up the marketing department for a new publicly held Management Service Organization based here in Houston. He was ordained in 1999 while serving as an associate pastor in The Woodlands, Texas.