NEW JERSEY COMMERCE, ECONOMIC GROWTH AND TOURISM COMMISSION AND NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY

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1 JERSEY COMMERCE, ECONOMIC GROWTH AND TOURISM COMMISSION AND JERSEY ECONOMIC DEVELOPMENT AUTHORITY BUSINESS EMPLOYMENT INCENTIVE PROGRAM ANNUAL REPORT Fiscal Year 2006 Prepared October 2006

2 Business Employment Incentive Program (BEIP) Annual Report FY 2006 In accordance with P.L. 2003, c.166, the New Jersey Commerce, Economic Growth and Tourism Commission, in consultation with the New Jersey Economic Development Authority (EDA), submits this report on Fiscal Year 2006 activity for the Business Employment Incentive Program (BEIP). As indicated by statute, the report includes the following: the number of BEIP agreements entered into by the state during FY 2005, and a description of each; the number of jobs created under each project; the new income tax revenue received from withholdings; the amounts awarded to each project as grants, and an update on the status of projects under each agreement. Program Description BEIP grants, administered by the EDA and marketed aggressively by Commerce, may be granted for up to 10 years and can equal 10% to 80% of the total amount of state income taxes generated by the grantees newly created jobs during the calendar year. To qualify, a business must demonstrate that the BEIP grant is a material factor for expanding or relocating jobs in New Jersey, that it is financially viable, and that it will create a minimum number of jobs. New Jersey retains the balance of new income tax revenue generated by the new jobs and is the beneficiary of growth from other ancillary revenues, such as Sales and Corporation Business Taxes, which spin off from economic development. The EDA gives greater consideration to positions that average 1.5 times the minimum wage during the grant agreement. Qualifying businesses must maintain the project in New Jersey for at least 1.5 times the number of years of the grant. The State Treasurer must certify that the amount of the withholdings received from the business for the new employees at least equals the grant amount. Point of final purchase retail facilities are not eligible for BEIP grants. Overall BEIP Activity From BEIP s inception in 1996 through October 2006, the EDA has executed 319 BEIP grants worth approximately $940 million, supporting the creation of an estimated 63,284 new jobs and leveraging nearly $10.8 billion in total public/private investment. To date, these BEIP grants have created 67,395 actual jobs. FY2006 BEIP Activity During FY 2006, the EDA executed BEIP 71grant agreements worth $245.5 million over the term of the grant. (Note that executed projects are those in which the projects have been approved by the EDA Board, and a signed agreement between the company and the EDA has been finalized.) Economic Impact The 71 projects are expected to create approximately 11,531 new jobs in the next decade. As of October 2006, businesses representing these 71 projects have reported the actual creation

3 of over 3,000 new jobs. These projects are also anticipated to invest a total of nearly $892 million in private funds in New Jersey. Attached is a list of all the above projects which executed a BEIP grant agreement in FY 2006, (Exhibit A), which includes the date of approval and execution, award percentage, grant term, estimated job creation total, jobs created to date, estimated grant award total, total project costs, project location, cities/states of origin, and new Gross Income Tax. To date, no funds have been disbursed in relation to these projects. Note: In many cases, no new gross income tax has yet been reported to the EDA by the company, as the recipient companies are not required to do so until they have reached their minimum job creation threshold. Also attached is a chart (Exhibit B) reflecting all BEIP grants executed to date since the inception of the program, including the FY 2006 projects. Proposed Modifications to BEIP As of the writing of this report, new regulations concerning the BEIP program are pending comment/review period under the New Jersey Register. EDA staff, with the assistance of the Office of the Attorney General and the Division of Taxation in the Department of Treasury, has recently completed a review of existing rules governing BEIP and has made several suggestions for amendatory language to ensure clarity and a transparent process for application of the rules. A review of all the State s incentive programs is currently being led by the Office of Economic Growth in the Office of the Governor and the outcome of this review may result in recommendations to enhance New Jersey s portfolio of business retention and attraction incentives. In the interim, and as part of the EDA s consistent approach to making all of its programs more user friendly, the proposed amendments are to add clarity to the interpretation of several existing rules and to introduce several new policies. The proposed amendments include: new and amended definitions; new rules defining eligibility for smart growth bonus scoring; new rules to illustrate how the 20% cap will be calculated when a company expands beyond its Board-approved new employment commitment number; how the requirement that no BEIP grant may exceed $50,000 per employee for all new employees over the life of the grant will be calculated and applied; how benefits will be calculated for eligible non-resident residents employed in New Jersey, when the payment of prevailing wages will be required; and the imposition of a new commitment letter fee of $ For monthly updates on executed BEIP projects, visit: In addition, a history of the program is also attached as Exhibit C.

4 Exhibit C Program History 2004 Program Modifications In 2004, the New Jersey Policy Perspective, a non-profit and nonpartisan research and educational organization, published the report Taking Care of Business - Does it Cost Too Much? The report analyzed BEIP to determine the program s effectiveness and to make recommendations for improvements. In response to the report, State Treasurer John McCormac asked Rutgers University s Edward Bloustein School of Policy and Planning to study the program and determine if the recommendations made by the report are valid and to make any other recommendations necessary to more effectively manage the program. Based on the Rutgers study, the EDA Board of Directors adopted a number of modifications to the program in October 2004, including requiring BEIP recipients to maintain 80% of their statewide employment (documented at the time of their application) for the grant commitment period, and the institution of new guidelines governing additional incentives for jobs created in excess of the employment commitment. In addition, at the recommendation of the study, the EDA will move forward with commissioning a periodic BEIP impact study, scheduled for early And, in order to increase public access to information, in 2004, EDA began posting regularly updated reports of BEIP activity on the EDA website ( In October 2004, the EDA Board of Directors also adopted additional modifications to enhance the program based on internal program review, including regulations allowing the Authority to: seek full repayment of funds if a company moves out of state; withhold, reduce or terminate payment of a grant or any portion thereof should a BEIP company default on the grant agreement, such as moving out of state, and recapture grant monies already paid to the company in the event of default Enhancements to BEIP In September 2003, amendments were made to the BEIP Act to enhance the program, making it available to a larger range of businesses, with more targeted focus on technology-based industries. The changes include the following: Accelerating Business Growth and Job Creation The program now has a lower overall job growth threshold for all applicants. Originally, a business had to create 75 new jobs to be eligible (unless they were located in a targeted municipality, in which case the threshold was 25). This threshold is now 25, regardless of location. Fostering High Tech/Biotech Industry Growth by Lowering Job Threshold to 10 The new BEIP aims to target job growth in the high tech/biotech industries by lowering the job creation threshold to 10.

5 Targeting Specific Industries by Increasing Grant Formula Score by 5% An additional 5% has been added to the score for industries identified by the New Jersey Council of Economic Advisors as the cornerstone of New Jersey s economy. These industries include high tech/biotech, pharmaceuticals, financial services, transportation and logistics. Encouraging Smart Growth by Increasing Grant Award by up to 30% BEIP applicants may be eligible for a grant award of up to 50%, equivalent to the total amount of the State income taxes withheld by the business during the calendar year for the new employees hired. The new BEIP allows an increase of up to 80% if the company utilizes Smart Growth principles. These include: locating in State Planning areas 1 and 2, an Urban Coordinating Council Municipality, "distressed" municipalities, brownfield sites, near mass transit, in a center designated by the State Planning Commission, or in an area designated by a locality as an area in need of redevelopment; linking with some housing production or renovation; or locating in close proximity to and working cooperatively with a public or nonprofit university on research and development. Streamlining Reporting Process Under the old BEIP, companies were required to submit a full payroll report each year, up to 10 reports for a 10- year grant. Under the enhanced BEIP, they are required to submit only three full reports, unless a company s payroll report raises questions or contains inconsistencies. The EDA will allow existing BEIP recipients the option of converting to the revised streamlined reporting process. Providing a Stable Source of BEIP Funding The 2003 amendments gave the EDA the power to issue bonds, backed by a State contract, to fund the payment of BEIP grants in any year in which a state appropriation is not available for the grants. This change provides a more stable and flexible funding mechanism for the program and reflects the Administration s commitment to ensuring that BEIP recipients receive the funding upon which they rely. In 2003, the EDA issued bonds for a total of $59 million for BEIP disbursal payments for FY (Note: in FY2006, Governor Jon Corzine directed that for FY2006 and in the future, payments of BEIP disbursements be made from the General Fund, not via bond issuance.) The amendments also authorized the EDA to use residual BEIP withholdings to support Designated Industries Economic Growth and Development projects. In 2003, the Joint Budget Oversight Committee approved an EDA bond resolution totaling $60 million to fund such projects. To date, the EDA had committed $35 million of these bonds funds for the following programs: $10 million for Springboard II Fund, providing recoverable grants to start-up life sciences and high tech companies; $10 million for investment in the new Garden State Life Sciences Venture Fund, and $15 million for the expansion/construction of technology commercialization centers within the newly established Innovation Zones in Camden, Newark and the greater New Brunswick area. Allowing for New Recipients The new law also expands BEIP benefits to companies that could not take advantage of the program due to New Jersey's reciprocal agreement with Pennsylvania. Under this agreement,

6 New Jersey employers pay no withholding taxes in New Jersey on employees who reside in Pennsylvania. The new law allows BEIP awards to be made to companies that meet all the criteria, but would otherwise be hindered by the reciprocity agreement. This initiative allows new jobs brought by a company to the state with the BEIP incentive -- but held by a Pennsylvania resident -- to be factored into the BEIP grant to the employer. Grants for this initiative are generated by the residual income from the BEIP program statewide.

7 Exhibit A FY2006 Executed BEIP Grants Name of Business Approval Date Closing Date % Term Est. Jobs to Jobs Date Est. Grant Amount Total Investment New GIT Location Originating Location L.D. Tracy Evans, Ltd. 5/10/2005 4/13/ $308,436 $250,000 Bayonne City, Hudson New York 31 Chugai Pharma USA 11/9/2004 3/24/ $582,225 $1,000,000 $160,307 Bedminster Twp., Somerset Bedminster Twp. 16 Magnolia Broadband, Inc. 12/13/2004 3/28/ $218,124 $730,000 Bedminster Twp., Somerset Clifton, NJ 16 Verizon Communications Inc., et 2/8/ /3/ ,755 $87,750,000 $180,000,000 Bernards Twp., Somerset PA, NY, CT 16 al GMP Manufacturing Company, 11/9/2004 5/31/ $32,725 $763,020 Bridgeton City, Cumberland Bridgeton City 3 IKing Pharmaceuticals, Inc. 6/14/2005 5/25/ $8,253,750 $5,900,000 Bridgewater Twp., Somerset Bridgewater Twp. 16 Gestalt, LLC 5/10/2005 3/23/ $1,477,920 $400,000 Camden City, Camden Camden City 5 ExxonMobil Research and 1/10/2006 6/26/ $5,139,428 $36,000,000 Clinton Town, Hunterdon Baton Rouge, LA 23 Engineering Company Valera Pharmaceuticals, Inc. 12/13/2004 3/28/ $86,295 $3,000,000 $25,865 Cranbury Twp., Middlesex Cranbury Twp. 14 LEHMAN BROTHERS INC 11/9/2004 7/21/ $665,550 $52,925,000 Cranford Twp., Union Cranford Twp. 21 Novartis Pharmaceuticals 5/11/2004 5/9/ $5,822,250 $60,000,000 East Hanover Twp., East Hanover Twp. 26 Corporation ("NPC") Morris,Florham Park Borough, Morris Infragistics, Inc. 5/10/2005 7/25/ $69,150 $609,456 $9,138 East Windsor Twp., Mercer East Windsor Twp. 12 Phyton Biotech, Inc 2/8/ /9/ $1,204,868 $2,730,170 $19,460 East Windsor Twp., Mercer New York 12 Carl F. Ewig,Incorporated dba 6/14/2005 6/13/ $374,461 $3,660,000 Elizabeth City, Union South Plainfield, NJ 20 Martec International Alpine Trading Company, Inc. 9/14/2004 3/15/ $97,440 $1,909,000 $10,750 Englewood City, Bergen New York 37 Enterprise Press, Inc. 8/9/2005 4/5/ $389,053 $4,150,000 Englewood City, Bergen New York City 37 Linguagen Corp 3/7/2005 2/8/ $441,018 $4,251,000 Ewing Twp., Mercer Cranbury 15 Aurora Loan Services, Inc. and 11/9/2004 7/20/ $1,273,390 $7,910,000 Florham Park Boro, Morris Florham Park Boro 26 Lehman Brothers, Wicked Fashions, Inc. 3/7/2005 4/18/ $474,662 $15,500,000 Fort Lee Boro, Bergen Carlstadt 38 Appliedinfo Partners, Inc. 3/7/2005 3/23/ $258,899 $4,550,000 Franklin Twp., Somerset Franklin Twp. 16 DOV Pharmaceutical, Inc. 12/13/2005 5/5/ $2,906,085 $20,000,000 Franklin Twp., Somerset Hackensack, NJ 16 Juvent, Inc. 1/11/ /16/ $108,290 $350,000 Franklin Twp., Somerset Franklin Twp. 17 Metrologic Instruments, Inc. 8/9/2005 9/12/ $75,600 $62,500 $11,111 Gloucester Twp., Camden Gloucester Twp. 4 Galacy, Inc. 5/10/2005 7/26/ $503,164 $500,000 Hackensack City, Bergen Hackensack City 37 Sweet Lips Brownie Company, 3/7/2005 5/16/ $42,620 $2,500,000 Hackensack City, Bergen Clinton, NJ 37 Inc. ACS State Healthcare, LLC and 12/13/2004 7/26/ $1,089,760 $8,515,000 $86,482 Hamilton Twp., Mercer Hamilton Twp. 14 ACS Enterprise Vonage Holdings Corporation 11/9/2004 6/20/ , $9,864,033 $8,700,000 $1,889,647 Holmdel Twp., Monmouth Holmdel Twp. 12

8 Exhibt B -- EXECUTED BEIP S FROM INCEPTION ACTIVE A.C. Moore Arts, Inc/ A.C. Moore Arts & 12/11/ /28/ % ,140 34, ,615,000 Berlin Boro 6 Berlin Boro, Camden AAA Mid-Atlantic, Inc. 02/10/ /27/ % , ,500,000 Pennsylvania 8 Mount Laurel Twp., Burlington ABN AMRO Incorporated 06/11/ /26/ % ,211,800 2,491, ,000,000 Accurum, Inc. 06/08/ /18/ % , ,000 Jersey City ACS State Healthcare, LLC and ACS 12/13/ /26/ % ,089, ,515,000 Hamilton Twp. 14 Hamilton Twp., Mercer Adams Respiratory Therapeutics, Inc. 03/09/ /03/ % , ,400,000 Texas 24 Chester Boro, Morris Advanced Drainage Systems, Inc. 11/09/ /10/ % , ,300,000 Ohio 3 Logan Twp., Gloucester AIG SunAmerica Asset Management Corp. 06/12/ /26/ % ,928,640 1,210, ,400,000 Alpine Trading Company, Inc. 09/14/ /15/ % , ,909,000 New York 37 Englewood City, Bergen Altana, Inc. 01/09/ /25/ % , , ,000 New York 26 Altana, Inc. 08/12/ /29/ % ,426, ,100,000 Florham Park Boro 26 Florham Park Boro, Morris Amdocs, Inc. 10/12/ /09/ % , ,500,000 CA, MA,NY & Ontario American Bank Note Holographics, Inc. 11/09/ /22/ % , ,000,000 New York, Pennsylvania & Mass. 30 Washington Twp., Mercer American Home Assurance Company and 07/09/ /11/ % ,563,500 1,891, ,000,000 American Home Assurance Company and 06/08/ /25/ % ,669, ,000,000 American Home Assurance Company and 07/11/ /27/ % ,638,000 2,578, ,730,000 New York, Pennsylvania 21 Berkeley Heights Twp., Union American Mortgage Express Corp. 05/16/ /06/ % ,850 34, ,482,000 Cherry Hill, New Jersey 8 Mount Laurel Twp., Burlington Ansell Healthcare Products, LLC 09/10/ /04/ % , , ,000 Ohio 12 Red Bank Boro, Monmouth Antenna Software, Inc. 05/11/ /31/ % ,120 54, ,000 New York City Apex Xpress, Inc. 01/13/ /08/ % ,976 29, ,000 Appliedinfo Partners, Inc. 03/07/ /23/ % , ,550,000 Franklin Twp. 16 Franklin Twp., Somerset Associated/ACC International, Ltd 03/07/ /23/ % , ,000 New York, NY 20 Page: 1

9 EXECUTED BEIP S FROM INCEPTION Kenilworth Boro, Union Astor Chocolate Corp. 11/10/ /01/ % ,000 77, ,000 Lakewood Twp. 30 Lakewood Twp., Ocean AT Systems Atlantic, Inc. 09/11/ /27/ % ,800 17, ,175,000 Edison Twp. 18 Edison Twp., Middlesex AT&T Corp. 09/09/ /02/ % ,313, , ,000,000 Middletown Twp. 13 Middletown Twp., Monmouth Atco Rubber Products, Inc. 10/08/ /17/ % ,555 10, ,425,000 Baltimore, Maryland 1 Vineland City, Cumberland Audible, Inc. 06/14/ /19/ % , ,000 Wayne Twp. 40 Wayne Twp., Passaic Aurobindo Pharma LTD, Inc. 03/09/ /14/ % , ,500,000 South Brunswick Twp. 14 South Brunswick Twp., Middlesex Aurora Loan Services, Inc. and Lehman 11/09/ /20/ % ,273, ,910,000 Florham Park Boro 26 Florham Park Boro, Morris Aventis Pharmaceuticals, Inc. 02/11/ /24/ % ,784,000 5,255, ,000,000 MI,OH, France, Germany 16 Bridgewater Twp., Somerset Aventis Pharmaceuticals, Inc. 10/12/ /29/ % 10 1,400 1,829 21,795,200 8,977, ,000,000 Bridgewater Twp. 16 Bridgewater Twp., Somerset Ball Plastic Container Corp. 12/10/ /19/ % , , ,676,000 Delran Twp. 7 Delran Twp., Burlington Bamboo Abbott Inc. d/b/a Prestige Window 08/09/ /23/ % , ,000 Edison, NJ 19 Perth Amboy City, Middlesex Bank of New York, The 03/11/ /06/ % ,245,488 3,191, ,368,000 Harrison, NY 37 Maywood Boro, Bergen Bank of New York, The 01/12/ /10/ % , , ,816,989 New York 38 Lodi Boro, Bergen Bank of Tokyo-Mitsubishi, Ltd 06/14/ /21/ % ,353, ,000 New York City Barclays Capital Services, LLC 11/12/ /14/ % ,185,416 74, ,500,000 New York 26 Hanover Twp., Morris Barnes & Noble College Booksellers, Inc and 01/14/ /12/ % ,342, , ,100,000 New York 16 Bernards Twp., Somerset Barnes & Noble, Inc. 08/12/ /07/ % , , ,000,000 Jamesburg Boro 14 Jamesburg Boro, Middlesex Barr Laboratories, Inc. and Subsidiaries 12/10/ /11/ % ,969, , ,600,000 New York 39 Woodcliff Lake Boro, Bergen Berg East Imports, Inc. 02/10/ /14/ % ,613 3, ,650,000 Barrington Boro 5 Barrington Boro, Camden Berlex, Inc. and it's divisions Berlex 10/10/ /27/ % ,115,880 2,052, ,320,000 Montville Twp. 26 Montville Twp., Morris Wayne Twp., Passaic Best Manufacturing Group LLC and affiliates 03/09/ /08/ % ,432 80, ,000,000 Bind Rite/Union Graphics LLC 07/14/ /29/ % , , ,000,000 Linden, NJ 36 Page: 2

10 EXECUTED BEIP S FROM INCEPTION Carlstadt Boro, Bergen Biovail Pharmaceuticals, Inc. 04/08/ /08/ % ,325, , ,750,000 North Carolina 16 Bridgewater Twp., Somerset BJ's Wholesale Club, Inc. 07/13/ /28/ % ,550 57, ,562,500 Pennsylvania 7 Burlington Twp., Burlington Blinds to Go, Inc. 07/08/ /25/ % , , ,000,000 Lakewood Twp. 30 Lakewood Twp., Ocean Brandywine Senior Care, Inc. 10/14/ /29/ % , ,000 Pennsylvania 8 Mount Laurel Twp., Burlington BRIDOR USA 04/12/ /13/ % , ,500,000 Vineland City 1 Vineland City, Cumberland Bristol-Myers Squibb Company 06/10/ /22/ % ,052 4,200,000 17,301, ,200,000 Seattle, Washington 15 Hopewell Boro, Mercer New Brunswick City, Middlesex Lawrence Twp., Mercer Burlington Coat Factory Warehouse 06/13/ /07/ % ,550 11, ,050,000 Edgewater Park Twp. 7 Edgewater Park Twp., Burlington Butterfly Press, LLC. 10/11/ /11/ % , ,050,000 New York 38 To be determined, Moonachie Borough, Bergen CACI Technologies, Inc. 12/10/ /19/ % , , ,296,000 Virginia 11 Oceanport Boro, Monmouth Eatontown Boro, Monmouth Cadbury Adams USA LLC 08/09/ /02/ % , ,300,000 Texas 26 Cadent, Inc. 12/11/ /28/ % , ,700,000 To be determined Carlstadt Borough, Bergen Calyon 07/09/ /24/ % , , ,600,000 New York 19 Woodbridge Twp., Middlesex Cape May Foods, Inc. 08/08/ /23/ % ,796 30, ,737,500 Nanticoke, Maryland 1 Millville City, Cumberland Capture Resource, Inc. 08/13/ /28/ % ,240 1, ,000 Millville City 1 Millville City, Cumberland Cardinal Health 110, Inc. 08/10/ /08/ % , , ,752,571 Allentown, PA 3 Logan Twp., Gloucester Cardinal Health PTS, LLC 01/11/ /08/ % ,219,950 1,047, ,735,000 Franklin Twp. 17 Franklin Twp., Somerset CareGain, Inc. 04/13/ /25/ % , ,665,000 Monroe Twp, NJ 12 East Windsor Twp., Mercer Carl F. Ewig,Incorporated dba Martec 06/14/ /13/ % , ,660,000 South Plainfield, NJ 20 Elizabeth City, Union Celgene Corporation 02/10/ /26/ % ,086,250 97, ,000,000 Summit City 21 Summit City, Union Cendant Car Rental Group 02/13/ /01/ % ,029, , ,500,000 Garden City NY 26 Page: 3

11 EXECUTED BEIP S FROM INCEPTION Cendant Corporation 11/13/ /20/ % ,360, , ,000 Phoenix, Arizona 26 Children s Place Retail Stores, Inc., 12/13/ /08/ % , ,000,000 Secaucus Town 32 Secaucus Town, Hudson Chubb Corporation, The 02/08/ /08/ % ,569,750 1,236, ,092,000 Readington Twp. 23 Readington Twp., Hunterdon Warren Twp., Somerset Chugai Pharma USA 11/09/ /24/ % , ,000,000 Bedminster Twp. 16 Bedminster Twp., Somerset Citco Fund Services (USA), Inc.; Et Al 12/13/ /12/ % ,200, ,500,000 Citigroup Global Markets, Inc. and Citibank, 07/13/ /14/ % 10 2,150 1,356 57,224, ,000,000 New York 21 Warren Twp., Somerset ClinPhone, Inc. 03/07/ /10/ % , ,405,000 Princeton, NJ 14 East Windsor Twp., Mercer Colgate-Palmolive Company 03/14/ /31/ % ,471, , ,221,000 Morristown Town 25 Morristown Town, Morris Comag Marketing Group, LLC 01/11/ /28/ % ,796, ,000 New York, Georgia & Pennsylvan 15 Princeton Boro, Mercer Comcast of New Jersey II, LLC 02/13/ /25/ % , ,600,000 Several NJ Locations 6 Voorhees Twp., Camden Comcast Telecommunications, Inc. et. al. 09/14/ /10/ % ,534, ,125,000 Philadelphia, PA 8 Moorestown Twp., Burlington Mount Laurel Twp., Burlington CommonHealth, LLC 03/07/ /08/ % ,302, ,800,000 Parsippany, Wayne, MorristownJ 26 Component Technology, Inc. 11/12/ /24/ % ,637 21, ,400,000 Millville City 1 Millville City, Cumberland Connecticut General Life Insurance/CIGNA 12/08/ /28/ % ,676,704 3,532, ,177,000 New York City, NY ConocoPhillips Services, Inc. 10/13/ /29/ % , ,000,000 Linden City 22 Linden City, Union Continental Airlines Inc. 07/08/ /19/ % * , , ,870,500* Newark City Newark City, Essex Continental Airlines, Inc. 05/09/ /26/ % ,339,190 99, ,000,000 Newark City Newark City, Essex Corporate Synergies Group, Inc. 10/12/ /29/ % ,984, ,500,929 Mt. Laurel 8 Mount Laurel Twp., Burlington Cuisine Innovations, LLC & Bon Appetizers, 12/13/ /26/ % , ,150,000 Illinois 30 Lakewood Twp., Ocean Daiichi Pharmaceutical Corporation 09/14/ /14/ % ,330, ,000,000 Madison Boro 21 Madison Boro, Morris Daniel F. Young, Inc. 10/10/ /27/ % ,754 70, ,000 Dava Pharmaceuticals, Inc. 12/13/ /25/ % , ,000 New York 38 Page: 4

12 EXECUTED BEIP S FROM INCEPTION Fort Lee Boro, Bergen DB Services New Jersey, Inc. 11/13/ /30/ % ,464,000 1,764, ,015,000 Summit City 21 Summit City, Union Dendreon Corporation 11/09/ /18/ % , ,000,000 Washington 25 Lyndhurst Twp., Bergen Dendrite International, Inc. 06/10/ /29/ % ,481, ,000,000 Morristown 16 Bedminster Twp., Somerset Dialogic Corporation 09/09/ /31/ % , , ,000,000 Parsippany-Troy Hills Twp. 26 Direct Fulfillment, LP 01/11/ /27/ % , , ,500,000 Upper Freehold Twp. 30 Washington Twp., Mercer DIRECT GROUP, LLC and MCR DIRECT 07/13/ /01/ % ,904, ,125,000 Logan Twp. 3 Swedesboro Boro, Gloucester DOV Pharmaceutical, Inc. 12/13/ /05/ % ,906, ,000,000 Hackensack, NJ 16 Franklin Twp., Somerset Dow Jones & Company, Inc. 10/19/ /08/ % ,960,595 1,852, ,750,000 New York 14 South Brunswick Twp., Middlesex DPC Cirrus Inc. 06/08/ /25/ % , , ,195,000 Mount Olive Twp. 24 Mount Olive Twp., Morris DS Distribution Inc., and DS Pharmacy, Inc. 08/10/ /30/ % ,370, , ,000,000 Logan Twp. 3 Logan Twp., Gloucester DuBell Lumber Company 06/14/ /18/ % , ,415,800 Millville City 1 Millville City, Cumberland Duro Bag Manufacturing Co., Inc. 03/12/ /27/ % , , ,000,000 Elizabeth City 20 Elizabeth City, Union E. P. Henry Corporation 11/12/ /30/ % , ,500,000 Woodbury, NJ 7 Wrightstown Boro, Burlington Eastern Research, Inc. 03/09/ /28/ % , ,312,500 Moorestown Twp. 8 Moorestown Twp., Burlington Echosphere Corporation 06/12/ /07/ % ,319,060 13, ,868,093 Montville Twp. 26 Montville Twp., Morris EduNeering Holdings Inc. 12/13/ /06/ % , ,000 Princeton, NJ 15 Princeton Boro, Mercer Eisai, Inc. and Eisai Corporation of North 07/12/ /07/ % ,203, ,000,000 Teaneck, North Carolina 39 Woodcliff Lake Boro, Bergen Engineered Arresting Systems Corp 11/12/ /17/ % , ,779,560 Pennsylvania 3 Logan Twp., Gloucester Enterprise Press, Inc. 08/09/ /05/ % , ,150,000 New York City 37 Englewood City, Bergen Equity One, Inc. and Popular Financial 11/09/ /07/ % , ,457,768 Cherry Hill Twp. 6 Cherry Hill Twp., Camden Eurofins Product Safety Labs, Inc. 07/11/ /27/ % , ,750,000 South Brunswick Twp., Middlesex South Brunswick Twp. 14 Euromarket Designs, Inc. d/b/a Crate & 11/12/ /16/ % ,292 19, ,400,000 Illinois 14 Cranbury Twp., Middlesex Page: 5

13 EXECUTED BEIP S FROM INCEPTION ExxonMobil Research and Engineering 01/10/ /26/ % ,139, ,000,000 Baton Rouge, LA 23 Clinton Town, Hunterdon Firmenich Incorporated 04/10/ /26/ % , , ,000,000 Plainsboro Twp. 14 Plainsboro Twp., Middlesex First Brokers Holdings Inc. 11/13/ /28/ % ,300,120 5,002, ,500,000 Hoboken City, Hudson Forest Laboratories Inc. 02/09/ /02/ % , , ,350,000 Forest Laboratories Inc. 12/12/ /27/ % ,780 1,901, ,608,000 Fortis Financial Services LLC 03/09/ /12/ % ,311, , ,100,000 Foxdale Properties LLC 07/10/ /24/ % ,070 92, ,600,000 Florence Twp. 7 Florence Twp., Burlington Franklin Credit Management Corporation 02/08/ /31/ % , ,984,000 New York City, NY Freedom Healthcare, LLC 03/07/ /07/ % , ,000 Union City 33 Union City, Hudson Gain Capital Group, LLC 09/14/ /24/ % , ,000 NJ 16 Bedminster Twp., Somerset Galacy, Inc. 05/10/ /26/ % , ,000 Hackensack City 37 Hackensack City, Bergen Galileo International, Inc. 10/11/ /22/ % , , ,351,000 Illinois 26 Garrison Printing Co. Inc. 08/12/ /07/ % , , ,518,000 Philadelphia, PA 7 Pennsauken Twp., Camden Genta Incorporated 01/08/ /23/ % ,317, ,800,000 Berkeley Heights Twp. 21 Berkeley Heights Twp., Union Gestalt, LLC 05/10/ /23/ % ,477, ,000 Camden City 5 Camden City, Camden GMP Manufacturing Company, Inc. 11/09/ /31/ % , ,020 Bridgeton City 3 Bridgeton City, Cumberland Goldman Sachs Execution & Clearing L.P. 06/10/ /22/ % ,320 17,534, ,100,000 New York City, NY Goldman Sachs Group, Inc. or nominee 01/11/ /14/ % 10 2,000 2, ,336,000 2,135, ,000,000 Goldman Sachs Group, Inc. or nominee 05/08/ /14/ % ,271, ,000,000 Jersey City Goldman Sachs Group, Inc. or nominee 11/13/ /14/ % ,621, ,000,000 Jersey City Government Employees Insurance Company 01/11/ /25/ % , ,500,000 New York 8 Evesham Twp., Burlington Harte-Hanks Teleservices 04/12/ /23/ % , ,050,000 Vineland, NJ 7 Pennsauken Twp., Camden Home Care Industries, Inc. 07/13/ /25/ % , ,000 Clifton City 34 Page: 6

14 EXECUTED BEIP S FROM INCEPTION Clifton City, Passaic Home Decor Products, Inc. 12/13/ /27/ % , ,600,000 Edison, NJ 24 Sparta Twp., Sussex Howmedica Osteonics Corp. 01/11/ /25/ % ,540, ,913,000 Mahwah Twp. 40 Mahwah Twp., Bergen ibiquity Digital Corporation 08/09/ /31/ % , ,000 Bernards Township 16 To be determined, ICAP North American Inc. 10/19/ /02/ % ,300,000 23,194, ,700,000 New York City, NY IDT Corporation, Affiliates and Subsidiaries 11/04/ /29/ % ,600 2,245, ,360,000 Newark City Newark City, Essex ImClone Systems Inc. 10/11/ /29/ % ,755, ,805,648 Somerville Boro 16 Somerville Boro, Somerset ImClone Systems Incorporated 06/08/ /25/ % , , ,700,000 Somerville Boro 16 Somerville Boro, Somerset Imperial Bag & Paper Company, Inc. 03/09/ /26/ % , , ,900,000 Bronx, New York 31 Bayonne City, Hudson Independence Press Inc./Independence Web, 06/14/ /25/ % , ,080,000 Pennsylvania 3 West Deptford Twp., Gloucester Infocrossing, Inc. 06/10/ /22/ % , , ,600,000 New York City, NY 37 Leonia Boro, Bergen Infragistics, Inc. 05/10/ /25/ % , ,456 East Windsor Twp. 12 East Windsor Twp., Mercer Insurance Services Offices, Inc. 07/13/ /29/ % 10 1,088 1,063 11,768,730 12,209, ,600,000 Isaac Hazan & Co., Inc. 02/09/ /02/ % , , ,000 New York 32 Secaucus Town, Hudson ITT Industries 05/08/ /23/ % ,475, , ,484,500 Clifton City 34 Clifton City, Passaic IXIS North America 01/11/ /19/ % ,868, ,350,000 Jackson Hewitt Tax Service, Inc 09/14/ /30/ % , , ,303,875 Virginia 26 John Turano & Sons, Inc. 12/11/ /28/ % ,300 47, ,400,000 Brooklyn, NY 18 Edison Twp., Middlesex John Wiley & Sons, Inc. 04/11/ /28/ % ,060 7,347,200 5,415, ,017,000 New York 33 Hoboken City, Hudson JPMorgan Chase Bank 03/14/ /31/ % ,209,865 1,255, ,850,000 New York 36 Carlstadt Boro, Bergen JPMorgan Chase Bank 06/13/ /28/ % 10 1,000 1,343 20,958,000 11,201, ,000,000 New York City Juvent, Inc. 01/11/ /16/ % , ,000 Franklin Twp. 17 Franklin Twp., Somerset King Pharmaceuticals, Inc. 06/14/ /25/ % ,253, ,900,000 Bridgewater Twp. 16 Bridgewater Twp., Somerset Page: 7

15 EXECUTED BEIP S FROM INCEPTION Kirusa Inc. 02/14/ /22/ % , ,000 New Providence Boro 22 New Providence Boro, Union Knight Equity Markets, L.P. 02/09/ /24/ % ,165,000 3,872, ,000,000 Jersey City Knight Equity Markets, L.P. 05/09/ /30/ % ,323,200 5,684, ,000,000 Jersey City KPMG LLP 03/11/ /23/ % ,684,000 6,443, ,400,000 New York,TX,IL,GA 39 Woodcliff Lake Boro, Bergen L-3 Communications, Communications 01/14/ /19/ % , , ,319,000 Maryland 5 Camden City, Camden L.I. 2000, Inc. 02/10/ /04/ % , , ,550,000 New York 32 Secaucus Town, Hudson Lakewood Pathology Associates, Inc. 07/12/ /28/ % , ,000,000 Lakewood Twp. 30 Lakewood Twp., Ocean Last Mile Connections, Inc. 08/09/ /07/ % , ,000 New York, NY Lazard Freres & Co., LLC 07/13/ /21/ % ,000 4, ,000 Leapstone Systems, Inc 07/10/ /01/ % ,973, ,250,000 Florham Park 17 Franklin Twp., Somerset LEHMAN BROTHERS INC 11/09/ /21/ % , ,925,000 Cranford Twp. 21 Cranford Twp., Union Lehman Brothers, Inc. 10/19/ /12/ % ,540, , ,000,000 New York City Lexicon Pharmaceuticals and Affiliates 05/14/ /30/ % , ,500,000 Princeton Boro 15 Princeton Twp., Mercer LifeCell Corporation 03/09/ /26/ % ,058, , ,600,000 Texas 16 Branchburg Twp., Somerset Linguagen Corp 03/07/ /08/ % , ,251,000 Cranbury 15 Ewing Twp., Mercer LiveProcess Corporation 04/11/ /23/ % , ,000 Verona Borough 21 Verona Borough, Essex LNT Services, Inc. 04/14/ /30/ % ,120 2,530, ,100,000 Logan Twp. 3 Logan Twp., Gloucester Lord Abbett & Co. 07/14/ /03/ % ,500,000 22,891, ,663,000 New York, NY Lundbeck, Inc. 06/14/ /16/ % , ,000 New York 38 Paramus Boro, Bergen M. Fortunoff of Westbury LLC 05/09/ /20/ % , ,000 Westbury, NY Magnolia Broadband, Inc. 12/13/ /28/ % , ,000 Clifton, NJ 16 Bedminster Twp., Somerset marketrx, Inc. 12/09/ /13/ % ,792 30, ,840 Bridgewater Twp. 16 Bridgewater Twp., Somerset Marsh & McLennan Companies, Inc. 02/13/ /01/ % ,044 12,451,200 4,308, ,000,000 New York, NY 33 Page: 8

16 EXECUTED BEIP S FROM INCEPTION Hoboken City, Hudson Mastertaste, Inc. 05/11/ /27/ % , , ,200,000 Long Island City, NY 22 Carteret Boro, Middlesex Matthew Bender & Company/Reed Elsevier 06/13/ /05/ % ,987,124 1,330, ,200,000 New York, NY Newark City, Essex McKinsey & Company, Inc. United States 08/12/ /28/ % ,000 2,780, ,760,000 Bedminster, NJ 26 Florham Park Boro, Morris McLane New Jersey, Inc./McLane Company, 09/10/ /14/ % ,640 87, ,500,000 Texas 3 Upper Penns Neck Twp., Salem MCR Direct Mail, LLC 01/09/ /25/ % , , ,230,000 Woolwich Twp. 3 Woolwich Twp., Gloucester Mechoshade Systems, Inc. 12/09/ /28/ % ,223 13, ,030,000 New York 18 Edison Twp., Middlesex Medco Health Solutions of Willingboro, LLC 08/10/ /26/ % ,155 2,975,312 1,890, ,000,000 Willingboro Twp. 7 Willingboro Twp., Burlington Medco Health Solutions, Inc. 10/14/ /07/ % ,120 2,556,288 11,607, ,600,000 Woodcliff Lake and Montvale, N 40 Franklin Lakes Boro, Bergen Medical Diagnostics Laboratories, LLC 06/08/ /27/ % ,702 1, ,200,000 Mount Laurel 14 Hamilton Twp., Mercer Medico Graphic Services, Inc. 01/11/ /22/ % , ,000 Medidata Solutions, Inc. 10/12/ /27/ % , ,150,000 Manhattan, NY 18 Edison Twp., Middlesex Mercedes-Benz USA, LLC 03/12/ /19/ % ,725 19, ,400,000 Hanover, Maryland 30 Montvale Boro, Bergen Meritex LLC 03/10/ /23/ % , , ,200,000 New York Piscataway Twp., Middlesex Merlin Industries, Inc. 11/12/ /11/ % ,500 4, ,500,000 Trenton 14 Hamilton Twp., Mercer Merrill Lynch & Co., Inc. 01/11/ /06/ % ,096,800 2,751, ,000,000 Merrill Lynch, Pierce, Fenner & Smith 12/09/ /22/ % 10 1, ,400, ,400,000 Pennsylvania and New Jersey Hopewell Boro, Mercer Plainsboro Twp., Middlesex Metrologic Instruments, Inc. 08/09/ /12/ % , ,500 Gloucester Twp. 4 Gloucester Twp., Camden Mizuho Corporate Bank, Limited 03/12/ /27/ % ,745, , ,000,000 Jersey City Mizuho Securities USA Inc 11/13/ /31/ % ,350,000 2,827, ,750,000 New York City, NY 33 Hoboken City, Hudson Model Electronics Inc. 11/09/ /01/ % , ,400,000 Nanuet, NY 39 Upper Saddle River Boro, Bergen Morgan Stanley D.W. a/k/a Dean Witter 12/11/ /28/ % ,553,331 41, ,945,000 New York City Morgan Stanley Dean Witter Trust FSB and 01/11/ /27/ % ,080 2,314, , ,878,737 Page: 9

17 EXECUTED BEIP S FROM INCEPTION Morgan Stanley Dean Witter Trust FSB and 09/14/ /02/ % ,984, ,000,000 New York 25 Morris Twp., Morris Morgan Stanley Dean Witter Trust FSB and 10/10/ /27/ % , ,000 New York, Geneva 15 Princeton Boro, Mercer MRS Associates, Inc. ("MRS" or the 12/13/ /26/ % , ,000 Cherry Hill Twp. 6 Cherry Hill Twp., Camden MSNBC Cable L.L.C. 11/12/ /19/ % ,920,000 7,779, ,090,000,000 Secaucus Town 32 Secaucus Town, Hudson National Exchange Carrier Association, Inc. 09/16/ /10/ % ,160 4, ,400,000 Hanover Twp. 26 Hanover Twp., Morris National Financial Services, LLC 05/08/ /23/ % ,606,770 2,534, ,734,500 Jersey City NBC, Inc.; CNBC, Inc.; CNBC.com, LLC 09/14/ /30/ % ,611, ,500,000 Englewood Cliffs Boro 37 Fort Lee Boro, Bergen Nebraska Meat Corp. 01/14/ /24/ % * ,000 68, ,350,000* New York Newark City, Essex New Century Transportation, Inc. 03/13/ /28/ % , , ,650,000 Glassboro 7 Westampton Twp., Burlington New Jersey Headwear Corp. 05/10/ /31/ % , ,000 Newark City Newark City, Essex Nextlink New York LLC 06/09/ /23/ % ,700 1,756, ,000,000 Paramus Boro 38 Paramus Boro, Bergen Northern Trust Company, The 03/14/ /26/ % ,003, ,500,000 Novartis Pharmaceuticals Corporation 05/11/ /09/ % ,822, ,000,000 East Hanover Twp. 26 East Hanover Twp., Morris Florham Park Borough, Morris Novo Nordisk, Inc. 11/09/ /23/ % ,311, ,700,000 North Brunswick Twp. 17 North Brunswick Twp., Middlesex NPS Pharmaceuticals, Inc. 12/09/ /23/ % ,371, ,000,000 Parsippany-Troy Hills Twp. 26 NRG, Energy, Inc. 04/13/ /08/ % ,560,600 12, ,200,000 Minnesota West Windsor Twp., Mercer NRT, Inc. 05/14/ /30/ % , , ,900,000 Viejo, CA 26 NVR Building Products Company 05/14/ /17/ % ,145 10, ,000,000 Delanco Twp. 7 Delanco Twp., Burlington Omni Baking Company 12/12/ /27/ % ,656 86, ,157,200 Pennsauken, N.J 1 Vineland City, Cumberland Organon USA, Inc. 01/12/ /29/ % ,000 2,192, ,000,000 Roseland Boro 21 West Orange Town, Essex Roseland Boro, Essex Oticon Inc. 03/11/ /20/ % ,720 45, ,950,000 Franklin Twp. 17 Franklin Twp., Somerset Page: 10

18 EXECUTED BEIP S FROM INCEPTION Party City Corporation 06/08/ /30/ % , ,431,950 Rockaway Boro 25 Rockaway Twp., Morris Patriot Manufacturing, Inc. 12/14/ /03/ % ,600 77, ,122,000 Hammonton, NJ 9 Hammonton Town, Atlantic Pearson Education, Inc. and Affiliates 03/13/ /22/ % , ,366,666 Orangeburg, New York 14 Cranbury Twp., Middlesex Upper Saddle River Boro, Bergen Pharmacia & Upjohn Company 01/13/ /02/ % ,500,000 20,242, ,100,000 Kalamazoo, MI and Windsor, Uni 16 Bridgewater Twp., Somerset Pharmacia Corporation, Affiliates and 03/13/ /28/ % ,752, , ,000,000 Michigan, Illinois, Missouri 16 Bedminster Twp., Somerset Pharmasset, Inc. 01/11/ /31/ % ,736, ,005,000 Georgia 14 Plainsboro Twp., Middlesex PHH Mortgage Corp. 06/10/ /09/ % 10 1,000 2,597 2,840, , ,200,000 Mt. Laurel 8 Mount Laurel Twp., Burlington Phillips Van Heusen Corporation 07/13/ /28/ % ,000 7, ,000,000 Maine 16 Bridgewater Twp., Somerset Phyton Biotech, Inc 02/08/ /09/ % ,204, ,730,170 New York 12 East Windsor Twp., Mercer Picasso Lighting Inc. d/b/a Bernard Pecaso 11/12/ /14/ % ,738 12, ,690,000 New York 29 Hillside Twp., Union Polymer Molded Products, LLC 09/14/ /14/ % , ,000 Bridgewater Twp. 16 Piscataway Twp., Middlesex Pricewaterhouse Coopers 10/08/ /24/ % ,293,600 3,457, ,600,000 Little Falls Twp., Passaic Florham Park Boro, Morris Production Services, L.L.C. 07/08/ /04/ % , , ,000,000 Hillside Twp. 29 Hillside Twp., Union Public Health Reasearch Institute 12/08/ /18/ % , , ,000,000 New York Newark City, Essex Quaker Photo Service Co Inc 03/14/ /18/ % , ,000 Moorestown Twp., Burlington Pennsylvania 8 Radianz Americas, Inc 10/10/ /27/ % ,285, , ,000,000 Nutley Town 36 Nutley Town, Essex Rajbhog Foods, Inc. 08/09/ /22/ % , ,700,000 Jersey City Refcon, Inc. 11/12/ /19/ % ,320 20, ,000 New York 39 Norwood Boro, Bergen Reliant Pharmaceuticals, Inc. 02/13/ /01/ % , , ,440 Bridgewater, NJ 16 Bernards Twp., Somerset Revolution Health LLC 05/09/ /16/ % , ,000 Morristown Town, Morris Morristown Town 25 Roosevelt Paper Company 04/08/ /27/ % , , ,000,000 Philadelphia, PA 8 Page: 11

19 EXECUTED BEIP S FROM INCEPTION Mount Laurel Twp., Burlington Royal Wine Corporation 12/14/ /03/ % , , ,350,000 Brooklyn, NY 31 Bayonne City, Hudson RPS, Inc. 06/10/ /22/ % , , ,000,000 Woodbridge Twp. 19 Woodbridge Twp., Middlesex Sandoz Inc. 09/10/ /12/ % ,866,487 4, ,500,000 South Brunswick Twp. 14 South Brunswick Twp., Middlesex Sanofi-Aventis U.S. LLC and Sanofi-Aventis 01/11/ /21/ % ,369, ,000,000 New York To be determined, Schering-Plough Corporation and Affiliates 08/08/ /08/ % ,412, ,900,000 Summit City 21 Summit City, Union Schering-Plough Research Institute 02/08/ /28/ % ,948, , ,000,000 Kenilworth Boro 20 Kenilworth Boro, Union SG Americas Operational Services Inc. / SG 01/11/ /22/ % ,088, ,101,200 NY SmartShipper.com, Inc. 10/11/ /03/ % , ,200,000 Piscataway Twp. 17 Piscataway Twp., Middlesex Snowbird Corporation 03/10/ /23/ % * , , ,580,000* NYC, Sony BMG Music Entertainment, a Delaware 12/13/ /20/ % ,867, ,000,000 New York 36 Lyndhurst Twp., Bergen Sports Authority, The 08/13/ /28/ % ,960 75, ,000,000 Georgia/California 7 Burlington City, Burlington Sprint Spectrum L.P. 06/10/ /01/ % ,650 1,878, ,448,439 New Jersey Bedminster Twp., Somerset Teterboro Boro, Bergen Mahwah Twp., Bergen Standard Data Corporation d/b/a SDC Data, 08/08/ /15/ % , , ,000 Star Soap/ Star Candle/ Prayer Candle Co., 08/09/ /20/ % , ,500 Brooklyn, NY 37 Ridgefield Park Village, Bergen Starborn Industries, Inc. 03/11/ /25/ % ,330 75, ,025,000 Brooklyn, NY 19 Woodbridge Twp., Middlesex Sumitomo Trust & Banking Co. 08/08/ /23/ % ,702, , ,000,000 Summit Import Corp. 11/10/ /01/ % ,000 81, ,999,261 New York City, NY Sun Chemical Corporation 06/08/ /01/ % , ,797,470 Parsippany-Troy Hills Twp. 26 Sweet Lips Brownie Company, Inc. 03/07/ /16/ % , ,500,000 Clinton, NJ 37 Hackensack City, Bergen Taro Pharmaceuticals U.S.A., Inc. 11/12/ /06/ % ,287,195 3, ,200,000 New York 14 South Brunswick Twp., Middlesex TD Waterhouse Securities, Inc. 04/13/ /29/ % ,092,000 3,940, ,450,000 Jersey City Page: 12

20 EXECUTED BEIP S FROM INCEPTION Tech Data Corporation 05/13/ /03/ % , , ,800,000 Paulsboro 3 Logan Twp., Gloucester Telargo Inc. 10/11/ /11/ % , ,000,000 California Telcordia Technologies, Inc. 06/08/ /25/ % ,004,000 1,474, ,000,000 Piscataway Twp. 17 Piscataway Twp., Middlesex The Wall Street Investment Group, LTD 11/13/ /30/ % , ,500,000 New York 15 Trenton City, Mercer Thomas Colace Company, LLC, The and 08/09/ /12/ % ,285, ,100,000 Pennsylvania 3 West Deptford Twp., Gloucester TI Parsippany Inc. and TI Shared Services 09/13/ /04/ % ,288, ,500,000 New York City, NY 26 Toys "R" Us, Inc. & Toys "R" Us-Delaware, 03/10/ /23/ % , , ,500,000 Rochelle Park, Paramus, Parsip 34 Montvale Boro, Bergen Wayne Twp., Passaic Tracy Evans, Ltd. 05/10/ /13/ % , ,000 New York 31 Bayonne City, Hudson TradeWeb Group LLC 11/13/ /30/ % ,863,120 2,813, ,300,000 New York City Tribeca Oven Inc. 05/11/ /04/ % ,500 7, ,000 Brooklyn, NY 36 Carlstadt Boro, Bergen Trimline Medical Products Corporation 11/12/ /06/ % , ,000 Branchburg Twp. 16 Branchburg Twp., Somerset True Partners Consulting, LLC 03/14/ /05/ % , ,375,000 Roseland Boro, Essex Roseland Boro 21 Tullett Prebon Holdings Corp. 01/11/ /07/ % ,958, ,908,450 NY Tyco International, Inc. 03/11/ /12/ % ,230, ,500,000 New York 14 West Windsor Twp., Mercer U.S. FoodService, Inc./Alliant Foodservice, 09/09/ /03/ % , , ,281,000 Philadelphia, PA 3 Woolwich Twp., Gloucester UBS Financial Services Inc., UBS Services 06/13/ /31/ % 10 1,450 1,641 28,238,750 2,980, ,845,417 New York Weehawken Twp., Hudson Secaucus Town, Hudson United Canvas & Sling, Inc. 01/12/ /28/ % ,760 47, ,000 Orangeburg, New York 32 Kearny Town, Hudson United HealthCare Services, Inc. 11/14/ /10/ % ,094,180 1,251, ,880,780 Bernards Twp. 16 Bernards Twp., Somerset United States Trust Company of New York 12/08/ /18/ % ,948,000 4,951, ,329,000 V & S Amboy Galvanizing, L.L.C. 08/11/ /27/ % * 37 71,400 34, ,050,000* Perth Amboy City 19 Perth Amboy City, Middlesex Valera Pharmaceuticals, Inc. 12/13/ /28/ % , ,000,000 Cranbury Twp. 14 Cranbury Twp., Middlesex Page: 13