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Mr. Muldowney, 43, is a director of Nextera, a position he has held since May 2005. Muldowney has announced his intention not to stand for reelection as director of Nextera this year. Mr. Muldowney also served as Nextera’s Chief Financial Officer since January 1999 and as its Chief Operating Officer since March 2006, until his resignation as Chief Financial Officer on January 31, 2007 and his resignation as Chief Operating Officer on March 31, 2007. He previously held the positions of President from December 2003 until March 2006, Chief Operating Officer from February 2003 until December 2003, and Vice President, Finance from May 1997 until May 1998. Mr. Muldowney also serves as an officer of certain subsidiaries of Nextera. Mr. Muldowney is a former licensed certified public accountant and was corporate controller as well as a principal of Mercer Management Consulting, Inc. from 1992 to May 1997, and held various other financial management positions with Mercer from 1989 to 1992. | 