Mr. Rice previously served as an employee of Trinity Industries, Inc. for thirty years, commencing
his career as Environmental Legal Counsel. During his career at Trinity he held multiple key
positions including Environmental Director, Chief Counsel Business Segments, and Vice President
Mergers and Acquisitions. As VP of Mergers and Acquisitions Mr. Rice led Trinity’s acquisition of four
Romanian rail manufacturing and supply/trading companies during Romania’s privatization initiative,
thereafter moving to Europe to establish the corporate and administrative structure for
commercializing the newly-acquired businesses, ultimately serving as European President. Upon his
return from Europe he was appointed by the Board of Directors as Vice President and Chief Legal
Officer and was later elected by the Board of Directors as a Senior Vice President of the company,
retaining his role as Chief Legal Officer.

Prior to joining Trinity, Mr. Rice was a principal and co-founder of SportsBand Radio Network
providing closed-circuit play-by-play and color audio to attendees at PGA Tour events nationwide;
served as General Counsel for a Dallas family with interests in oil and gas well drilling equipment and
services, mineral exploration and development, natural gas gathering and transmission, real estate,
and banking; served as General Counsel to an international trading company predominantly engaged
in world-wide distribution of irrigation and related equipment; and upon graduation from law school
worked as an associate for a small Dallas law firm representing clients in both civil and criminal
matters.

Mr. Rice graduated cum laude from South Texas College of Law where he was a published member and
Comments Editor of South Texas Law Journal and the recipient of two Bancroft-Whitney/Lawyers
Cooperative Publishing Company awards for excellence in legal studies. Prior to law school he
received his BA degree from the University of Texas at Austin and thereafter attended the Graduate
School of Business Management at the University of Dallas.