James David Hovren

Idaho State Bar, Business and Corporate Law Section (Member); Committee to Revise the Idaho Corporate Code (Member)Wyakin Warrior Foundation, Inc., a 501c3 non-profit serving post-9/11 wounded and injured veterans, Board of DirectorsSmall Business Development Center, VolunteerBogus Basin Mountain Recreation Area and Pheasants Forever, VolunteerBogus Basin Ski Club, MemberBogus Basin Ski Education Foundation, MemberBoise Gun Club, MemberEl Korah Shrine (providing screening clinics assisting children with admission to Shriners’ Hospitals), MemberLeadership Boise Alumni Association (class of 1997-98)

From 1993 through 2002, preparation of all periodic reports [Forms 10-K, 10-Q and 8-K], and Proxy materials for an NYSE listed corporate client. Prepared and filed various Registration Statements [Forms S-1, S-3, S-4 and S-8]. Coordinated the listing of securities on the NYSE and NASDAQ National Market.

Recapitalization, Exchange Offer [pursuant to Securities Act of 1933 §§ 3(a)(9) and 3(a)(10)] and Merger of an Idaho state-chartered bank holding company.Formation of Idaho state-chartered banks and bank holding companies.

$31,000,000 Rights Offering with Distribution of Rights to purchase 10,100,000 Units, each consisting of two shares of common stock and one warrant to purchase one share of common stock. Transaction included the Registration of the Units, Rights, Common Stock and Warrants on Form S-1, and the Listing of the Common Stock on the NYSE and the Rights and Warrants on the NASDAQ National Market.

Merger of Parent corporation with Subsidiary to Eliminate $11.94 (Stated Value) Cumulative Redeemable Preferred Stock and Listing of Common Stock and Warrants on the NYSE and NASDAQ National Market. Preparation of related Registration Statement on Form S-4.

Preparation of proxy materials and corporate documents for corporate client’s successful 1 for 8 Reverse Stock Split.Successfully represented closely-held issuer in tender offer and follow-on reverse stock split to eliminate minority shareholdings.

Represented corporations and limited liability companies in redemption transactions.Represented various issuers in Reg D (Rule 506) offerings.

Various business purchase and sale transactions, ranging from $1,000,000 to $130,000,000.

Various transactions representing buyers or sellers of commercial properties, including transactions valued at $23,500,000 and $24,000,000.Various transactions involving agricultural properties, including purchases and sales in excess of $20,000,000.

Frequently assists out-of-state lenders with secured loan transactions in Idaho.