UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
PBF ENERGY INC.
(Name of Issuer)
Class A Common Stock, par value $0.001 per share
(Title of Class of Securities)
69318G106
(CUSIP Number)
December 31, 2012
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
¨ Rule 13d-1(c)
x Rule 13d-1(d)
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 69318G106 | 13G | Page 2 of 22 Pages |
1. |
Name of Reporting Persons:
FR PBF Holdings LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (a) x (b) ¨
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization:
Delaware | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | Sole Voting Power:
8,374,483.5 | ||||
6. | Shared Voting Power:
67,754,653 | |||||
7. | Sole Dispositive Power:
8,374,483.5 | |||||
8. | Shared Dispositive Power:
67,754,653 | |||||
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person:
67,754,653 | |||||
10. | Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
¨ | |||||
11. | Percent of Class Represented by Amount in Row (9):
74.2% | |||||
12. | Type of Reporting Person (See Instructions):
OO |
CUSIP No. 69318G106 | 13G | Page 3 of 22 Pages |
1. |
Name of Reporting Persons:
FR PBF Holdings II LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (a) x (b) ¨
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization:
Delaware | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | Sole Voting Power:
25,502,843 | ||||
6. | Shared Voting Power:
67,754,653 | |||||
7. | Sole Dispositive Power:
25,502,843 | |||||
8. | Shared Dispositive Power:
67,754,653 | |||||
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person:
67,754,653 | |||||
10. | Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
¨ | |||||
11. | Percent of Class Represented by Amount in Row (9):
74.2% | |||||
12. | Type of Reporting Person (See Instructions):
OO |
CUSIP No. 69318G106 | 13G | Page 4 of 22 Pages |
1. |
Name of Reporting Persons:
FR XII PBF Holdings LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (a) x (b) ¨
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization:
Delaware | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | Sole Voting Power:
33,877,326.5 | ||||
6. | Shared Voting Power:
67,754,653 | |||||
7. | Sole Dispositive Power:
33,877,326.5 | |||||
8. | Shared Dispositive Power:
67,754,653 | |||||
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person:
67,754,653 | |||||
10. | Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
¨ | |||||
11. | Percent of Class Represented by Amount in Row (9):
74.2% | |||||
12. | Type of Reporting Person (See Instructions):
OO |
CUSIP No. 69318G106 | 13G | Page 5 of 22 Pages |
1. |
Name of Reporting Persons:
FR XII PBF AIV, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (a) x (b) ¨
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization:
Cayman Islands | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | Sole Voting Power:
0 | ||||
6. | Shared Voting Power:
67,754,653 | |||||
7. | Sole Dispositive Power:
0 | |||||
8. | Shared Dispositive Power:
67,754,653 | |||||
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person:
67,754,653 | |||||
10. | Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
¨ | |||||
11. | Percent of Class Represented by Amount in Row (9):
74.2% | |||||
12. | Type of Reporting Person (See Instructions):
PN |
CUSIP No. 69318G106 | 13G | Page 6 of 22 Pages |
1. |
Name of Reporting Persons:
FR XII-A PBF AIV, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (a) x (b) ¨
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization:
Cayman Islands | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | Sole Voting Power:
0 | ||||
6. | Shared Voting Power:
67,754,653 | |||||
7. | Sole Dispositive Power:
0 | |||||
8. | Shared Dispositive Power:
67,754,653 | |||||
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person:
67,754,653 | |||||
10. | Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
¨ | |||||
11. | Percent of Class Represented by Amount in Row (9):
74.2% | |||||
12. | Type of Reporting Person (See Instructions):
PN |
CUSIP No. 69318G106 | 13G | Page 7 of 22 Pages |
1. |
Name of Reporting Persons:
First Reserve GP XII, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (a) x (b) ¨
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization:
Cayman Islands | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | Sole Voting Power:
33,877,326.5 | ||||
6. | Shared Voting Power:
67,754,653 | |||||
7. | Sole Dispositive Power:
33,877,326.5 | |||||
8. | Shared Dispositive Power:
67,754,653 | |||||
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person:
67,754,653 | |||||
10. | Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
¨ | |||||
11. | Percent of Class Represented by Amount in Row (9):
74.2% | |||||
12. | Type of Reporting Person (See Instructions):
PN |
CUSIP No. 69318G106 | 13G | Page 8 of 22 Pages |
1. |
Name of Reporting Persons:
First Reserve GP XII Limited | |||||
2. | Check the Appropriate Box if a Member of a Group (a) x (b) ¨
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization:
Cayman Islands | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | Sole Voting Power:
33,877,326.5 | ||||
6. | Shared Voting Power:
67,754,653 | |||||
7. | Sole Dispositive Power:
33,877,326.5 | |||||
8. | Shared Dispositive Power:
67,754,653 | |||||
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person:
67,754,653 | |||||
10. | Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
¨ | |||||
11. | Percent of Class Represented by Amount in Row (9):
74.2% | |||||
12. | Type of Reporting Person (See Instructions):
OO |
CUSIP No. 69318G106 | 13G | Page 9 of 22 Pages |
1. |
Name of Reporting Persons:
WILLIAM E. MACAULAY | |||||
2. | Check the Appropriate Box if a Member of a Group (a) x (b) ¨
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization:
United States | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | Sole Voting Power:
33,877,326.5 | ||||
6. | Shared Voting Power:
67,754,653 | |||||
7. | Sole Dispositive Power:
33,877,326.5 | |||||
8. | Shared Dispositive Power:
67,754,653 | |||||
9. |
Aggregate Amount Beneficially Owned by Each Reporting Person:
67,754,653 | |||||
10. | Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
¨ | |||||
11. | Percent of Class Represented by Amount in Row (9):
74.2% | |||||
12. | Type of Reporting Person (See Instructions):
IN |
Item 1. | (a). Name of Issuer |
PBF Energy Inc. (the Company)
(b). | Address of Issuers Principal Executive Offices: |
One Sylvan Way
2nd Floor
Parsippany, NJ 07054
Item 2(a). | Name of Person Filing |
Each of the following is hereinafter individually referred to as a Reporting Person and collectively as the Reporting Persons. This statement is filed on behalf of:
(i) | First Reserve GP XII Limited |
(ii) | FR PBF Holdings LLC |
(iii) | FR PBF Holdings II LLC |
(iv) | FR XII PBF Holdings LLC |
(v) | FR XII PBF AIV, L.P. |
(vi) | FR XII-A PBF AIV, L.P. |
(vii) | First Reserve GP XII, L.P. |
(viii) | William E. Macaulay |
FR XII PBF Holdings LLC is the sole member of each of FR PBF Holdings LLC and FR PBF Holdings II LLC (the First Reserve Vehicles). FR XII PBF AIV, L.P. (FR XII) and FR XII-A PBF AIV, L.P. (FR XII-A) are the managing members of FR XII PBF Holdings LLC. First Reserve GP XII, L.P. is the general partner of FR XII and FR XII-A. First Reserve GP XII Limited is the general partner of First Reserve GP XII, L.P. William E. Macaulay is a director of First Reserve GP XII Limited and has the right to appoint a majority of the directors of its board.
Item 2(b). | Address of Principal Business Office |
One Lafayette Place, Third Floor, Greenwich, Connecticut 06830
Item 2(c). | Citizenship |
Each of the First Reserve Vehicles and FR XII PBF Holdings LLC, is organized under the laws of the State of Delaware. Mr. Macaulay is a U.S. citizen. Each of FR XII, FR XII-A, First Reserve GP XII, L.P. and First Reserve GP XII Limited are organized under the laws of the Cayman Islands.
Page 10
Item 2(d). | Title of Class of Securities: |
Class A common stock, $0.001 par value per share (the Common Stock).
Common Stock reported as held by the First Reserve Vehicles consists entirely of shares of Common Stock deliverable upon exchange of outstanding series A units of PBF Energy Company LLC (the PBF LLC Series A Units). Pursuant to an exchange agreement, PBF LLC Series A Units are exchangeable at any time for shares of Common Stock on a one-for-one basis, subject to certain equitable adjustments for stock splits, stock dividends and reclassifications. The First Reserve Vehicles each hold one share of Class B common stock of the Company. The shares of Class B common stock have no economic rights but entitle the holder, without regard to the number of shares of Class B common stock held, to a number of votes on matters presented to stockholders of the Company that is equal to the aggregate number of PBF LLC Series A Units held by such holder. As the Reporting Person exchanges PBF LLC Series A Units for shares of Common Stock pursuant to the exchange agreement, the voting power afforded to the Reporting Person by its share of Class B common stock of the Company will be automatically and correspondingly reduced.
Item 2(e). | CUSIP Number: |
69318G106
Item 3. | If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: |
Not applicable.
Item 4. | Ownership. |
(a) | Amount beneficially owned: |
Based on 23,567,686 shares of Common Stock outstanding as reported in the Companys Current Report on Form 8-K, filed with the Securities and Exchange Commission (the SEC) on December 18, 2012, and assuming exchange of the PBF LLC Series A Units that may be deemed to be beneficially owned by such Reporting Person. As of the date hereof, each of the Reporting Persons may be deemed to be the beneficial owner of the shares of Common Stock listed on such Reporting Persons cover page.
(b) | Percent of class: |
As of the date hereof, each of the Reporting Persons may be deemed to be the beneficial owner of the percentage of shares of Common Stock listed on such Reporting Persons cover page.
(c) | Number of Shares as to which the Reporting Person has: |
(i) | Sole power to vote or to direct the vote: |
See each cover page hereof.
(ii) | Shared power to vote or to direct the vote: |
See each cover page hereof.
(iii) | Sole power to dispose or to direct the disposition of: |
See each cover page hereof.
(iv) | Shared power to dispose or to direct the disposition of: |
See each cover page hereof.
Page 11
Item 5. | Ownership of Five Percent or Less of a Class |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ¨
Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
As described under Executive CompensationCompensation Discussion and AnalysisSummary of PBF LLC Series B Units in the Final Prospectus of the Company, filed with the SEC on December 13, 2012, holders of profits interests in PBF Energy Company LLC (the Series B Units), including certain officers of the Company, may be deemed to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the Common Stock held by the Reporting Persons.
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. |
Not applicable.
Item 8. | Identification and Classification of Members of the Group. |
Each of the First Reserve Funds and the Blackstone Funds listed below (collectively, the Shareholder Parties) is a party to the Stockholders Agreement of the Company dated as of December 12, 2012 (the Shareholders Agreement). Given the terms of the Shareholders Agreement, each of the Shareholder Parties and certain of their respective affiliates may be deemed to be a member of a group that may be deemed to beneficially own the aggregate 67,754,653 shares of Common Stock, consisting entirely of outstanding PBF LLC Series A Units exchangeable into shares of Common Stock, or 74.2% of the outstanding shares of Common Stock, assuming exchange of the PBF LLC Series A Units held by the Shareholder Parties, subject to the Shareholders Agreement.
The First Reserve Funds
FR PBF Holdings LLC
FR PBF Holdings II LLC
The Blackstone Funds
Blackstone PB Capital Partners V Subsidiary L.L.C.
Blackstone PB Capital Partners V-AC L.P.
Blackstone Family Investment Partnership V USS L.P.
Blackstone Family Investment Partnership V-A USS SMD L.P.
Blackstone Participation Partnership V USS L.P.
Page 12
Item 9. | Notice of Dissolution of Group. |
Not Applicable.
Item 10. | Certification. |
Not applicable.
Page 13
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: February 14, 2013
FR PBF Holdings LLC | ||
By: | FR XII PBF Holdings LLC, its sole member | |
By: | /s/ Anne E. Gold | |
Name: | Anne E. Gold | |
Title: | Chief Compliance Officer, Secretary & Assistant Treasurer | |
FR PBF Holdings II LLC | ||
By: | FR XII PBF Holdings LLC, its sole member | |
By: | /s/ Anne E. Gold | |
Name: | Anne E. Gold | |
Title: | Chief Compliance Officer, Secretary & Assistant Treasurer | |
FR XII PBF Holdings LLC | ||
By: | FR XII PBF AIV, L.P., its managing member | |
By: | /s/ Anne E. Gold | |
Name: | Anne E. Gold | |
Title: | Chief Compliance Officer, Secretary & Assistant Treasurer | |
FR XII PBF AIV, L.P. | ||
By: | First Reserve GP XII, L.P., its general partner | |
By: | First Reserve GP XII Limited, its general partner | |
By: | /s/ Anne E. Gold | |
Name: | Anne E. Gold | |
Title: | Chief Compliance Officer, Secretary & Assistant Treasurer |
Page 14
FR XII-A PBF AIV, L.P. | ||
By: | First Reserve GP XII, L.P., its general partner | |
By: | First Reserve GP XII Limited, its general partner | |
By: | /s/ Anne E. Gold | |
Name: | Anne E. Gold | |
Title: | Chief Compliance Officer, Secretary & Assistant Treasurer | |
First Reserve GP XII, L.P. | ||
By: | First Reserve GP XII Limited, its general partner | |
By: | /s/ Anne E. Gold | |
Name: | Anne E. Gold | |
Title: | Chief Compliance Officer, Secretary & Assistant Treasurer | |
First Reserve GP XII Limited | ||
By: | /s/ Anne E. Gold | |
Name: | Anne E. Gold | |
Title: | Chief Compliance Officer, Secretary & Assistant Treasurer | |
WILLIAM E. MACAULAY | ||
By: | /s/ Anne E. Gold | |
By: | Anne E Gold, Attorney-in-Fact |
Page 15
EXHIBIT LIST
Exhibit A | Joint Filing Agreement, dated February 14, 2013, among the Reporting Persons (filed herewith). | |
Exhibit B | Power of Attorney, dated April 11, 2012, granted by WILLIAM E. MACAULAY in favor of Anne E. Gold. |
Page 16
Exhibit A
JOINT FILING AGREEMENT
Pursuant to and in accordance with the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder (the Exchange Act) the undersigned hereby agree to the joint filing of FR PBF Holdings LLC, FR PBF Holdings II LLC, FR XII PBF Holdings LLC, FR XII PBF AIV, L.P., FR XII-A PBF AIV, L.P., , First Reserve GP XII, L.P. First Reserve GP XII Limited, and William E. Macaulay, on behalf of each of them of any filing required by such party under Section 13 or Section 16 of the Exchange Act or any rule or regulation thereunder (including any amendment, restatement, supplement, and/or exhibit thereto) with respect to securities of PBF Energy Inc., a Delaware corporation, and further agree to the filing, furnishing, and/or incorporation by reference of this Agreement as an exhibit thereto. This Agreement shall remain in full force and effect until revoked by any party hereto in a signed writing provided to each other party hereto, and then only with respect to such revoking party. This Agreement may be executed in any number of counterparts all of which taken together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement this 14th day of February 2013.
FR PBF Holdings LLC | ||
By: | FR XII PBF Holdings LLC, its sole member | |
By: | /s/ Anne E. Gold | |
Name: | Anne E. Gold | |
Title: | Chief Compliance Officer, Secretary & Assistant Treasurer | |
FR PBF Holdings II LLC | ||
By: | FR XII PBF Holdings LLC, its sole member | |
By: | /s/ Anne E. Gold | |
Name: | Anne E. Gold | |
Title: | Chief Compliance Officer, Secretary & Assistant Treasurer | |
FR XII PBF Holdings LLC | ||
By: | /s/ Anne E. Gold | |
Name: | Anne E. Gold | |
Title: | Chief Compliance Officer, Secretary & Assistant Treasurer |
Page 17
FR XII PBF AIV, L.P. | ||
By: | First Reserve GP XII, L.P., its general partner | |
By: | First Reserve GP XII Limited, its general partner | |
By: | /s/ Anne E. Gold | |
Name: | Anne E. Gold | |
Title: | Chief Compliance Officer, Secretary & Assistant Treasurer | |
FR XII-A PBF AIV, L.P. | ||
By: | First Reserve GP XII, L.P., its general partner | |
By: | First Reserve GP XII Limited, its general partner | |
By: | /s/ Anne E. Gold | |
Name: | Anne E. Gold | |
Title: | Chief Compliance Officer, Secretary & Assistant Treasurer | |
First Reserve GP XII, L.P. | ||
By: | First Reserve GP XII Limited, its general partner | |
By: | /s/ Anne E. Gold | |
Name: | Anne E. Gold | |
Title: | Chief Compliance Officer, Secretary & Assistant Treasurer | |
First Reserve GP XII Limited | ||
By: | /s/ Anne E. Gold | |
Name: | Anne E. Gold | |
Title: | Chief Compliance Officer, Secretary & Assistant Treasurer |
Page 18
WILLIAM E. MACAULAY | ||
By: | /s/ Anne E. Gold | |
By: | Anne E Gold, Attorney-in-Fact |
Page 19
Exhibit B
POWER OF ATTORNEY
(LIMITED)
KNOW ALL MEN BY THESE PRESENTS, that I, WILLIAM E. MACAULAY of the Town/City of GREENWICH, County of FAIRFIELD, State of CONNECTICUT, reposing special trust and confidence in ANNE E. GOLD, of the Town of RYE, County of WESTCHESTER, State of NEW YORK and/or, ROBERT J. GALLAGHER, of the Town of RYE, County of WESTCHESTER, State of NEW YORK, have made, constituted and appointed, and by these presents do make, constitute and appoint each of the said ANNE E. GOLD and/or ROBERT J. GALLAGHER, my true and lawful attorney-in-fact and agent, both FOR ME PERSONALLY and in my name, place and stead, IN MY CAPACITY AS AN OFFICER OR DIRECTOR OF:
FRC FOUNDERS CORPORATION (FOUNDERS)
FIRST RESERVE CORPORATION, L.L.C. (FRC)
FIRST RESERVE PARTNERS LIMITED (FRPL)
FIRST RESERVE MANAGEMENT LIMITED (FRML)
FIRST RESERVE GP XII LIMITED (GP XII)
FIRST RESERVE GP XI, INC. (GP XI)
FR XI OFFSHORE GP LIMITED (OFFSHORE XI)
FR HORIZON GP LIMITED (FR HORIZON)
FIRST RESERVE GP X, INC. (GP X)
FR X OFFSHORE GP LIMITED (OFFSHORE X)
FIRST RESERVE ENERGY INFRASTRUCTURE GP LIMITED (FREI)
or any entity of which any the foregoing is the direct or indirect general partner or for which any of the foregoing otherwise has the authority to act (collectively with FOUNDERS, FRC, FRPL, FRML, GP XII, GP XI, OFFSHORE XI, FR HORIZON, GP X, OFFSHORE X, and FREI the First Reserve Entities), with full power and authority to do and perform each and every act necessary, as fully as I might do if personally present, to accomplish and complete the following acts or transactions:
1. With respect to any entity in which any First Reserve Entities have an investment (each a Company), sign on my behalf, any and all filings (including filings with the Securities and Exchange Commission), agreements, notices or documents arising from, or related to any Company, including, (a) any holdings or investments of any First Reserve Entities in any Company; and (b) any holdings or investments of mine in any Company.
2. Seek or obtain, as my representative and on my behalf, from any third party, including brokers, employee benefit plan administrators and trustees, information on transactions involving any Company or the securities of any Company, and I hereby authorize any such persons to release any such information to either attorney-in-fact designated hereunder and approve and ratify any such release of information; and
3. Perform any and all other acts which in the discretion of either such attorney-in-fact are necessary or desirable for and on my behalf in connection with the foregoing.
I acknowledge that:
Page 20
(a) this Power of Attorney authorizes, but does not require, either such attorney-in-fact to act in his or her discretion on information provided to either such attorney-in-fact without independent verification of such information;
(b) any documents prepared and/or executed by either such attorney-in-fact on my behalf pursuant to this Power of Attorney will be in such form and will contain such information and disclosure as either such attorneys-in-fact, in his or her discretion, deems necessary or desirable;
(c) neither such attorney-in-fact nor any Company assumes (i) any liability for my responsibility to comply with the requirements of any law or regulation, including without limitation the Securities Act of 1933, as amended (the Securities Act) or the Exchange Act of 1934, as amended (the Exchange Act), or (ii) any liability of mine for any failure to comply with such requirements; and
(d) this Power of Attorney does not relieve me from responsibility for compliance with my obligations under any law or regulation, including without limitation the requirements under the Securities Act and the Exchange Act.
I hereby give and grant ANNE E. GOLD and/or ROBERT J. GALLAGHER, in the capacity set forth above, full power and authority to do and perform all and every act and thing whatsoever requisite, necessary or appropriate to be done in and about the foregoing matters as fully to all intents and purposes as I might or could do if present, hereby ratifying all that either such attorney-in-fact of, for and on my behalf, shall lawfully do or cause to be done by virtue of this Power of Attorney.
[Remainder of Page Intentionally Blank]
Page 21
This POWER OF ATTORNEY shall remain in effect until revoked and shall not be affected by disability of the Principal.
EXECUTED this 11th day of April, 2012
/s/ William E. Macaulay
STATE OF CONNECTICUT | ) | |||||
) SS. | ||||||
COUNTY OF FAIRFIELD | ) |
The foregoing instrument was acknowledged before me this 11th day of April, 2012, by William E. Macaulay, the Principal.
Witness my hand and official seal: MaryAnn Ghirardelli, Notary
My commission expires: January 31, 2017
/s/ Anne E. Gold |
/s/ Robert J. Gallagher | |||
Specimen Signature of Agent-Attorney Anne E. Gold |
Specimen Signature of Agent-Attorney Robert J. Gallagher |
Page 22