A. Gilchrist Sparks, III, practices in the Wilmington, Delaware law firm of Morris, Nichols, Arsht & Tunnell LLP. He graduated magna cum laude both from Yale University and the University of Pennsylvania Law School. Mr. Sparks is a fellow of the American College of Trial Lawyers; a fellow of the American Bar Foundation; a fellow of the American Academy of Appellate Lawyers; a member of the Committee on Corporate Laws of the Business Law Section of the American Bar Association; a member of the American Law Institute; a member of the Board of Advisors of the University of Pennsylvania Institute for Law and Economics; and co-chair of the Delaware Supreme Court's Permanent Advisory Committee on the Delaware Uniform Rules of Evidence. He is former chairman of the Corporation Law Section, Delaware State Bar Association, and the Delaware State Board of Bar Examiners; former co-chairman of the Professional Liability Litigation Committee of the ABA Litigation Section; and chairman of the Committee on Corporate Laws of the ABA Business Law Section. Mr. Sparks is co-author of Delaware Corporation Law and Practice (Matthew Bender 1988-Present), and of The Delaware Corporation: Legal Aspects of Organization and Operation, BNA Practice Series, Vol. 1, No. 1 (Rev. 2008). He also serves as a member of the Executive Committee of the Ray Garrett Institute, the Planning Committee of the Tulane Corporate Law Institute of which he is a former chair, and the Advisory Board of the Securities Regulation Institute. Mr. Sparks is also Chairman of the Board of Trustees of the University of Delaware. He is also a frequent participant in national continuing legal education programs relating to Delaware corporate law and federal securities law matters.