Download GE JM250DFWW Installation Guide

Transcript
(OHFWULF
5DQJHV
*($SSOLDQFHVFRP
6DIHW\,QVWUXFWLRQV ²
2SHUDWLQJ,QVWUXFWLRQV
%URLOLQJ%URLOLQJ*XLGH &ORFNDQG7LPHU 2YHQ ²
6HOI&OHDQLQJ 6SHFLDO)HDWXUHV ²
6XUIDFH8QLWV 7KHUPRVWDW 7LPHG%DNLQJDQG5RDVWLQJ 2ZQHU·V0DQXDO
-03
&DUHDQG&OHDQLQJ
$OXPLQXP)RLO &RQWURO3DQHODQG.QREV 'ULS3DQV +HDWLQJ(OHPHQWV /LIW2II2YHQ'RRU /LIW8S&RRNWRS /LJKW 3DLQWHG6XUIDFHV 3RUFHODLQ(QDPHO&RRNWRS 5DFNV 6XUIDFH8QLWV 9HQW 7URXEOHVKRRWLQJ7LSV ²
$FFHVVRULHV &RQVXPHU6XSSRUW
&RQVXPHU6XSSRUW %DFN&RYHU
:DUUDQW\ :ULWHWKHPRGHODQGVHULDO
QXPEHUVKHUH
0RGHO BBBBBBBBBBBBBBB
6HULDOBBBBBBBBBBBBBBBB
<RXFDQILQGWKHPRQDODEHO
EHKLQGWKHUDQJHGRRU
*(
,03257$176$)(7<,1)250$7,21
5($'$//,16758&7,216%()25(86,1*
:$51,1*
)RU\RXUVDIHW\WKHLQIRUPDWLRQLQWKLVPDQXDOPXVWEHIROORZHGWRPLQLPL]HWKHULVNRIILUHHOHFWULFVKRFNRUWR
SUHYHQWSURSHUW\GDPDJHSHUVRQDOLQMXU\RUORVVRIOLIH
$17,7,3'(9,&(
7RUHGXFHWKHULVNRIWLSSLQJWKH
UDQJHWKHUDQJHPXVWEHVHFXUHG
E\DSURSHUO\LQVWDOOHGDQWLWLS
EUDFNHW6HHLQVWDOODWLRQLQVWUXFWLRQV
VKLSSHGZLWKWKHRYHQIRUFRPSOHWH
GHWDLOVEHIRUHDWWHPSWLQJWRLQVWDOO
7ZRPHWKRGVRIVHFXULQJWKH
UDQJHDUHSURYLGHG)ROORZWKH
LQVWUXFWLRQVEHORZWRFKHFNLIWKH
UDQJHLVSURSHUO\VHFXUHG,IWKH
UDQJHLVSXOOHGDZD\IURPWKHZDOO
IRUDQ\UHDVRQDOZD\VUHSHDWWKLV
SURFHGXUHWRYHULI\WKHUDQJHLV
SURSHUO\VHFXUHG
0HWKRG
5DLVHWKHOLIWXSFRRNWRSDQGVXSSRUWLWZLWKWKH
FRRNWRSVXSSRUWURG&RQILUPWKDWWKHUHDUH
VFUHZVRQHDFKVLGHWKDWVHFXUHWKHUDQJHWRWKH
FRQWHUWRS6HHSLFWXUHEHORZ
WARNING
Tip-Over Hazard
A child or adult can tip the range and be killed.
Verify the anti-tip bracket has been properly installed
and engaged.
Ensure the anti-tip bracket is re-engaged when the range
is moved.
Do not operate the range without the anti-tip bracket in
place and engaged.
Failure to follow these instructions can result in death or
serious burns to children or adults.
0HWKRG
6OLGHWKHUDQJHIRUZDUGFRQILUPWKHDQWLWLSEUDFNHW
LVVHFXUHO\DWWDFKHGWRWKHUHDURIWKHUDQJH6OLGH
WKHUDQJHEDFNVRWKDWWKHDQWLWLSEUDFNHWVOLGHVMXVW
XQGHUWKHZRRGEORFNDWWDFKHGWRWKHUHDUZDOOEHORZ
Anti-Tip Bracket
5HDU:DOO
Countertop or
Wood Block
Oven
:$51,1* ,03257$176$)(7<127,&(
7KH&DOLIRUQLD6DIH'ULQNLQJ:DWHUDQG7R[LF(QIRUFHPHQW$FWUHTXLUHVWKH*RYHUQRURI&DOLIRUQLDWRSXEOLVKDOLVWRI
VXEVWDQFHVNQRZQWRWKHVWDWHWRFDXVHFDQFHUELUWKGHIHFWVRURWKHUUHSURGXFWLYHKDUPDQGUHTXLUHVEXVLQHVVHVWRZDUQ
FXVWRPHUVRISRWHQWLDOH[SRVXUHWRVXFKVXEVWDQFHV
7KHILEHUJODVVLQVXODWLRQLQVHOIFOHDQRYHQVJLYHVRIIDYHU\VPDOODPRXQWRIFDUERQPRQR[LGHGXULQJWKHFOHDQLQJF\FOH
([SRVXUHFDQEHPLQLPL]HGE\YHQWLQJZLWKDQRSHQZLQGRZRUXVLQJDYHQWLODWLRQIDQRUKRRG
*($SSOLDQFHVFRP
:$51,1* *(1(5$/6$)(7<,16758&7,216
„8VHWKLVDSSOLDQFHIRULWVLQWHQGHGSXUSRVHDVGHVFULEHGLQWKLV
2ZQHU·V0DQXDO
„%HVXUH\RXUDSSOLDQFHLVSURSHUO\LQVWDOOHGDQGJURXQGHGE\D
TXDOLILHGLQVWDOOHULQDFFRUGDQFHZLWKWKHSURYLGHGLQVWDOODWLRQ
LQVWUXFWLRQV
„
'RQRWDWWHPSWWRUHSDLURUUHSODFHDQ\SDUWRI\RXUUDQJHXQOHVV
LWLVVSHFLILFDOO\UHFRPPHQGHGLQWKLVPDQXDO$OORWKHUVHUYLFLQJ
VKRXOGEHWUDQVIHUUHGWRDTXDOLILHGWHFKQLFLDQ
„
%HIRUHSHUIRUPLQJDQ\VHUYLFHXQSOXJWKHUDQJHRUGLVFRQQHFW
WKHSRZHUVXSSO\DWWKHKRXVHKROGGLVWULEXWLRQSDQHOE\UHPRYLQJ
WKHIXVHRUVZLWFKLQJRIIWKHFLUFXLWEUHDNHU
„
'RQRWOHDYHFKLOGUHQDORQH³FKLOGUHQVKRXOGQRWEHOHIWDORQH
RUXQDWWHQGHGLQDQDUHDZKHUHDQDSSOLDQFHLVLQXVH7KH\
VKRXOGQHYHUEHDOORZHGWRFOLPEVLWRUVWDQGRQDQ\SDUWRIWKH
DSSOLDQFH
&$87,21
„
'RQRWVWRUHLWHPVRILQWHUHVWWRFKLOGUHQ
DERYHDUDQJHRURQWKHEDFNJXDUGRIDUDQJH³FKLOGUHQFOLPELQJ
RQWKHUDQJHWRUHDFKLWHPVFRXOGEHVHULRXVO\LQMXUHG
„
8VHRQO\GU\SRWKROGHUV³PRLVWRUGDPSSRWKROGHUVRQKRW
VXUIDFHVPD\UHVXOWLQEXUQVIURPVWHDP'RQRWOHWSRWKROGHUV
WRXFKKRWVXUIDFHXQLWVRUKHDWLQJHOHPHQWV'RQRWXVHDWRZHO
RURWKHUEXON\FORWKLQSODFHRISRWKROGHUV
„'RQRWWRXFKWKHVXUIDFHXQLWVWKHKHDWLQJHOHPHQWVRUWKH
LQWHULRUVXUIDFHRIWKHRYHQ7KHVHVXUIDFHVPD\EHKRWHQRXJK
WREXUQHYHQWKRXJKWKH\DUHGDUNLQFRORU'XULQJDQGDIWHUXVH
GRQRWWRXFKRUOHWFORWKLQJRURWKHUIODPPDEOHPDWHULDOVFRQWDFW
WKHVXUIDFHXQLWVDUHDVQHDUE\WKHVXUIDFHXQLWVRUDQ\LQWHULRU
DUHDRIWKHRYHQDOORZVXIILFLHQWWLPHIRUFRROLQJILUVW2WKHU
VXUIDFHVRIWKHDSSOLDQFHPD\EHFRPHKRWHQRXJKWRFDXVH
EXUQV3RWHQWLDOO\KRWVXUIDFHVLQFOXGHWKHFRRNWRSDUHDVIDFLQJ
WKHFRRNWRSRYHQYHQWRSHQLQJVXUIDFHVQHDUWKHRSHQLQJDQG
FUHYLFHVDURXQGWKHRYHQGRRU
„'RQRWKHDWXQRSHQHGIRRGFRQWDLQHUV3UHVVXUHFRXOGEXLOGXS
DQGWKHFRQWDLQHUFRXOGEXUVWFDXVLQJDQLQMXU\
„
'RQRWXVHDOXPLQXPIRLOWROLQHWKHGULSSDQVRUDQ\ZKHUHLQWKH
RYHQH[FHSWDVGHVFULEHGLQWKLVPDQXDO0LVXVHFRXOGUHVXOWLQ
GDPDJHWRWKHUDQJHDQGVKRFNRUILUHKD]DUG
„
$
YRLGVFUDWFKLQJRULPSDFWLQJJODVVGRRUVFRRNWRSVRUFRQWURO
SDQHOV'RLQJVRPD\OHDGWRJODVVEUHDNDJH'RQRWFRRNRQD
SURGXFWZLWKEURNHQJODVV6KRFNILUHRUFXWVPD\RFFXU
„&RRNPHDWDQGSRXOWU\WKRURXJKO\³PHDWWRDWOHDVWDQLQWHUQDO
WHPSHUDWXUHRIƒ)DQGSRXOWU\WRDWOHDVWDQLQWHUQDO
WHPSHUDWXUHRIƒ)&RRNLQJWRWKHVHWHPSHUDWXUHVXVXDOO\
SURWHFWVDJDLQVWIRRGERUQHLOOQHVV
„
1
HYHUXVH\RXUDSSOLDQFHIRUZDUPLQJRUKHDWLQJWKHURRP
:$51,1* .((3)/$00$%/(0$7(5,$/6$:$<)520
7+(5$1*(
„'RQRWVWRUHRUXVHIODPPDEOHPDWHULDOVLQDQRYHQRUQHDU
WKHFRRNWRSLQFOXGLQJSDSHUSODVWLFSRWKROGHUVOLQHQVZDOO
FRYHULQJVFXUWDLQVGUDSHVDQGJDVROLQHRURWKHUIODPPDEOH
YDSRUVDQGOLTXLGV
„1HYHUZHDUORRVHILWWLQJRUKDQJLQJJDUPHQWVZKLOHXVLQJ
WKHDSSOLDQFH7KHVHJDUPHQWVPD\LJQLWHLIWKH\FRQWDFWKRW
VXUIDFHVFDXVLQJVHYHUHEXUQV
„
'
RQRWOHWFRRNLQJJUHDVHRURWKHUIODPPDEOHPDWHULDOV
DFFXPXODWHLQRUQHDUWKHUDQJH*UHDVHLQWKHRYHQRURQWKH
FRRNWRSPD\LJQLWH
„
&OHDQYHQWLODWLQJKRRGVIUHTXHQWO\*UHDVHVKRXOGQRWEHDOORZHG
WRDFFXPXODWHRQWKHKRRGRUILOWHU
:$51,1* ,17+((9(172)$),5(7$.(7+()2//2:,1*67(36
7235(9(177+(),5()520635($',1*
„'RQRWXVHZDWHURQJUHDVHILUHV1HYHUSLFNXSDIODPLQJSDQ
7XUQWKHFRQWUROVRII6PRWKHUDIODPLQJSDQRQDVXUIDFHXQLWE\
FRYHULQJWKHSDQFRPSOHWHO\ZLWKDZHOOILWWLQJOLGFRRNLHVKHHW
RUIODWWUD\8VHDPXOWLSXUSRVHGU\FKHPLFDORUIRDPW\SHILUH
H[WLQJXLVKHU
„
,
IWKHUHLVDILUHLQWKHRYHQGXULQJVHOIFOHDQWXUQWKHRYHQ
RIIDQGZDLWIRUWKHILUHWRJRRXW'RQRWIRUFHWKHGRRURSHQ
,QWURGXFWLRQRIIUHVKDLUDWVHOIFOHDQWHPSHUDWXUHVPD\OHDGWR
DEXUVWRIIODPHIURPWKHRYHQ)DLOXUHWRIROORZWKLVLQVWUXFWLRQ
PD\UHVXOWLQVHYHUHEXUQV
„,IWKHUHLVDILUHLQWKHRYHQGXULQJEDNLQJVPRWKHUWKHILUHE\
FORVLQJWKHRYHQGRRUDQGWXUQLQJWKHRYHQRIIRUE\XVLQJD
PXOWLSXUSRVHGU\FKHPLFDORUIRDPW\SHILUHH[WLQJXLVKHU
,03257$176$)(7<,1)250$7,21
5($'$//,16758&7,216%()25(86,1*
:$51,1* &22.7236$)(7<,16758&7,216
„ 1HYHUOHDYHWKHVXUIDFHXQLWVXQDWWHQGHGDWPHGLXPRU „ 2QO\FHUWDLQW\SHVRIJODVVJODVVFHUDPLFHDUWKHQZDUH
RURWKHUJOD]HGFRQWDLQHUVDUHVXLWDEOHIRUFRRNWRS
KLJKKHDWVHWWLQJV%RLORYHUVFDXVHVPRNLQJDQGJUHDV\
VHUYLFHRWKHUVPD\EUHDNEHFDXVHRIWKHVXGGHQ
VSLOORYHUVWKDWPD\FDWFKRQILUH
FKDQJHLQWHPSHUDWXUH
„ 1HYHUOHDYHRLOXQDWWHQGHGZKLOHIU\LQJ,IDOORZHGWR
„ 7RPLQLPL]HWKHSRVVLELOLW\RIEXUQVLJQLWLRQRI
KHDWEH\RQGLWVVPRNLQJSRLQWRLOPD\LJQLWHUHVXOWLQJ
IODPPDEOHPDWHULDOVDQGVSLOODJHWKHKDQGOHRID
LQILUHWKDWPD\VSUHDGWRVXUURXQGLQJFDELQHWV8VHD
FRQWDLQHUVKRXOGEHWXUQHGWRZDUGWKHFHQWHURIWKH
GHHSIDWWKHUPRPHWHUZKHQHYHUSRVVLEOHWRPRQLWRURLO
UDQJHZLWKRXWH[WHQGLQJRYHUQHDUE\VXUIDFHXQLWV
WHPSHUDWXUH
:KHQSUHSDULQJIODPLQJIRRGVXQGHUDKRRGWXUQWKH
„
7RDYRLGRLOVSLOORYHUDQGILUHXVHDPLQLPXPDPRXQWRI „
IDQRQ
RLOZKHQVKDOORZSDQIU\LQJDQGDYRLGFRRNLQJIUR]HQ
IRRGVZLWKH[FHVVLYHDPRXQWVRILFH
„
,ISRZHULVORVWWRDQHOHFWULFFRRNWRSZKLOHDVXUIDFH
XQLWLV21WKHVXUIDFHXQLWZLOOWXUQEDFN21DVVRRQ
„
8VHSURSHUSDQVL]H³VHOHFWFRRNZDUHKDYLQJIODW
DVSRZHULVUHVWRUHG,QWKHHYHQWRISRZHUORVVIDLOXUH
ERWWRPVODUJHHQRXJKWRFRYHUWKHVXUIDFHKHDWLQJ
WRWXUQDOOVXUIDFHXQLWNQREVWRWKH2))SRVLWLRQPD\
HOHPHQW7KHXVHRIXQGHUVL]HGFRRNZDUHZLOOH[SRVH
UHVXOWLQLJQLWLRQRILWHPVRQRUQHDUWKHFRRNWRSOHDGLQJ
DSRUWLRQRIWKHVXUIDFHXQLWWRGLUHFWFRQWDFWDQGPD\
WRVHULRXVLQMXU\RUGHDWK
UHVXOWLQLJQLWLRQRIFORWKLQJ3URSHUUHODWLRQVKLSRI
FRRNZDUHWRVXUIDFHXQLWZLOODOVRLPSURYHHIILFLHQF\
:$51,1*
VRPHPRGHOV
5$',$17&22.7236$)(7<,16758&7,216
„
8VH&(5$0$%5<7(ŠFHUDPLF&RRNWRS&OHDQHUDQG
&(5$0$%5<7(Š&OHDQLQJ3DGWRFOHDQWKHFRRNWRS
:DLWXQWLOWKHFRRNWRSFRROVDQGWKHLQGLFDWRUOLJKW
JRHVRXWEHIRUHFOHDQLQJ$ZHWVSRQJHRUFORWKRQD
„ 'RQRWFRRNRQDEURNHQFRRNWRS,IJODVVFRRNWRS
KRWVXUIDFHFDQFDXVHVWHDPEXUQV6RPHFOHDQHUV
VKRXOGEUHDNFOHDQLQJVROXWLRQVDQGVSLOORYHUV
FDQSURGXFHQR[LRXVIXPHVLIDSSOLHGWRDKRWVXUIDFH
PD\SHQHWUDWHWKHEURNHQFRRNWRSDQGFUHDWHD
127(6XJDUVSLOOVDUHDQH[FHSWLRQ7KH\VKRXOGEH
ULVNRIHOHFWULFVKRFN&RQWDFWDTXDOLILHGWHFKQLFLDQ
VFUDSHGRIIZKLOHVWLOOKRWXVLQJDQRYHQPLWWDQGD
LPPHGLDWHO\
VFUDSHU6HHWKH&OHDQLQJWKHJODVVFRRNWRSVHFWLRQIRU
GHWDLOHGLQVWUXFWLRQV
„
$YRLGVFUDWFKLQJWKHJODVVFRRNWRS7KHFRRNWRSFDQEH
VFUDWFKHGZLWKLWHPVVXFKDVNQLYHVVKDUSLQVWUXPHQWV „ 5HDGDQGIROORZDOOLQVWUXFWLRQVDQGZDUQLQJVRQWKH
ULQJVRURWKHUMHZHOU\DQGULYHWVRQFORWKLQJ
FOHDQLQJFUHDPODEHO
„ 8VHFDUHZKHQWRXFKLQJWKHFRRNWRS7KHJODVVVXUIDFH
RIWKHFRRNWRSZLOOUHWDLQKHDWDIWHUWKHFRQWUROVKDYH
EHHQWXUQHGRII
„
'RQRWSODFHRUVWRUHLWHPVWKDWFDQPHOWRUFDWFKILUH
RQWKHJODVVFRRNWRSHYHQZKHQLWLVQRWEHLQJXVHG,I
WKHFRRNWRSLVLQDGYHUWHQWO\WXUQHGRQWKH\PD\LJQLWH
+HDWIURPWKHFRRNWRSRURYHQYHQWDIWHULWLVWXUQHGRII
PD\FDXVHWKHPWRLJQLWHDOVR
:$51,1*
VRPHPRGHOV
&2,/&22.7236$)(7<,16758&7,216
„'RQRWLPPHUVHRUVRDNWKHUHPRYDEOHVXUIDFHXQLWV
'RQRWSXWWKHPLQDGLVKZDVKHU'RQRWVHOIFOHDQWKH
VXUIDFHXQLWVLQDQRYHQ'RLQJVRPD\FDXVHWKHPWR
IDLOSUHVHQWLQJDEXUQRUILUHKD]DUG
„7RDYRLGWKHSRVVLELOLW\RIDEXUQRUHOHFWULFVKRFNDOZD\V
EHFHUWDLQWKDWWKHFRQWUROVIRUDOOVXUIDFHXQLWVDUHDWWKH
2))SRVLWLRQDQGDOOFRLOVDUHFRROEHIRUHDWWHPSWLQJWROLIW
RUUHPRYHDFRLOVXUIDFHXQLW
„
%
HVXUHWKHGULSSDQVDUHQRWFRYHUHGDQGDUHLQSODFH
7KHLUDEVHQFHGXULQJFRRNLQJFRXOGGDPDJHUDQJH
SDUWVDQGZLULQJ
„
'
RQRWXVHDOXPLQXPIRLOWROLQHGULSSDQV)RLOFDQWUDS
KHDWRUPHOWUHVXOWLQJLQGDPDJHWRWKHSURGXFWDQGD
VKRFNRUILUHKD]DUG
*($SSOLDQFHVFRP
:$51,1*
29(16$)(7<,16758&7,216
„ 6WDQGDZD\IURPWKHUDQJHZKHQRSHQLQJWKHRYHQ
GRRU+RWDLURUVWHDPZKLFKHVFDSHVFDQFDXVHEXUQV
WRKDQGVIDFHDQGRUH\HV
„ .HHSWKHRYHQYHQWXQREVWUXFWHG
„
.HHSWKHRYHQIUHHIURPJUHDVHEXLOGXS*UHDVHLQWKH
RYHQPD\LJQLWH
„
3ODFHRYHQUDFNVLQGHVLUHGORFDWLRQZKLOHRYHQLVFRRO
,IUDFNPXVWEHPRYHGZKLOHRYHQLVKRWGRQRWOHWSRW
KROGHUFRQWDFWKRWKHDWLQJHOHPHQWLQRYHQ
„ :KHQXVLQJFRRNLQJRUURDVWLQJEDJVLQWKHRYHQ
IROORZWKHPDQXIDFWXUHU·VGLUHFWLRQV
:$51,1*
6RPHPRGHOV
„ 3XOOWKHRYHQUDFNWRWKHVWRSORFNSRVLWLRQZKHQ
ORDGLQJDQGXQORDGLQJIRRGIURPWKHRYHQ7KLVKHOSV
SUHYHQWEXUQVIURPWRXFKLQJKRWVXUIDFHVRIWKHGRRU
DQGRYHQZDOOV
„
'
RQRWOHDYHLWHPVVXFKDVSDSHUFRRNLQJXWHQVLOVRU
IRRGLQWKHRYHQZKHQQRWLQXVH,WHPVVWRUHGLQDQ
RYHQFDQLJQLWH
„
'RQRWXVHDOXPLQXPIRLOWROLQHWKHRYHQERWWRP)RLO
PD\WUDSRUUHIOHFWKHDWOHDGLQJWRDVKRFNRUILUH
KD]DUG
6(/)&/($1,1*29(16$)(7<,16758&7,216
7KHVHOIFOHDQLQJIHDWXUHRSHUDWHVWKHRYHQDWWHPSHUDWXUHVKLJKHQRXJKWREXUQDZD\IRRGVRLOVLQWKHRYHQ
)ROORZWKHVHLQVWUXFWLRQVIRUVDIHRSHUDWLRQ
„ %HIRUHRSHUDWLQJWKHVHOIFOHDQF\FOHUHPRYHSDQV
VKLQ\PHWDORYHQUDFNVDQGRWKHUXWHQVLOVIURPWKH
RYHQ2QO\JUD\SRUFHODLQFRDWHGRYHQUDFNVPD\EH
OHIWLQWKHRYHQ'RQRWXVHVHOIFOHDQWRFOHDQRWKHU
SDUWVVXFKDVGULSSDQVRUERZOV
„ %HIRUHRSHUDWLQJWKHVHOIFOHDQF\FOHZLSHJUHDVHDQG
IRRGVRLOVIURPWKHRYHQ([FHVVLYHDPRXQWRIJUHDVH
PD\LJQLWHOHDGLQJWRVPRNHGDPDJHWR\RXUKRPH
„
'RQRWFOHDQWKHGRRUJDVNHW7KHGRRUJDVNHWLV
HVVHQWLDOIRUDJRRGVHDO&DUHVKRXOGEHWDNHQQRWWR
UXEGDPDJHRUPRYHWKHJDVNHW
„
'RQRWXVHRYHQFOHDQHUV1RFRPPHUFLDORYHQFOHDQHU
RURYHQOLQHUSURWHFWLYHFRDWLQJRIDQ\NLQGVKRXOGEH
XVHGLQRUDURXQGDQ\SDUWRIWKHRYHQ
„
,IWKHVHOIFOHDQLQJPRGHPDOIXQFWLRQVWXUQWKHRYHQ
RIIDQGGLVFRQQHFWWKHSRZHUVXSSO\+DYHLWVHUYLFHG
E\DTXDOLILHGWHFKQLFLDQ
:$51,1*
:$50,1*'5$:(56$)(7<,16758&7,216VRPHPRGHOV
„
8VHFDUHZKHQRSHQLQJWKHGUDZHU2SHQWKHGUDZHUD
„ 7KHSXUSRVHRIWKHZDUPLQJGUDZHULVWRKROGKRW
FUDFNDQGOHWKRWDLURUVWHDPHVFDSHEHIRUHUHPRYLQJRU
FRRNHGIRRGVDWVHUYLQJWHPSHUDWXUH%DFWHULDZLOOJURZ
UHSODFLQJIRRG+RWDLURUVWHDPWKDWHVFDSHVFDQFDXVH
LQIRRGZKLOHLWLVEHORZƒ)'RQRWSXWFROGIRRG
EXUQVWRKDQGVIDFHDQGRUH\HV
LQZDUPLQJGUDZHU'RQRWKHDWIRRGIRUPRUHWKDQ
KRXUV)DLOXUHWRIROORZWKHVHLQVWUXFWLRQVPD\UHVXOWLQ
„
'RQRWXVHDOXPLQXPIRLOWROLQHWKHORZHUGUDZHU7KH
IRRGERUQHLOOQHVV
IRLOZLOOWUDSKHDWEHORZDQGXSVHWWKHSHUIRUPDQFH
RIWKHRYHQ)RLOFDQPHOWDQGSHUPDQHQWO\GDPDJH
„ 'RQRWOHDYHSDSHUSURGXFWVSODVWLFVFDQQHGIRRGRU
WKHGUDZHUERWWRP'DPDJHIURPLPSURSHUXVHRI
FRPEXVWLEOHPDWHULDOVLQWKHGUDZHU7KH\PD\LJQLWH
DOXPLQXPIRLOLVQRWFRYHUHGE\WKHSURGXFWZDUUDQW\
„
'RQRWWRXFKWKHKHDWLQJHOHPHQWRUWKHLQWHULRUVXUIDFH
RIWKHGUDZHU7KHVHVXUIDFHVPD\EHKRWHQRXJKWR
FDXVHEXUQV
,03257$176$)(7<,1)250$7,21
5($'$//,16758&7,216%()25(86,1*
WARNING 685)$&(&22.,1*,16758&7,2166RPHPRGHOV
8VHSURSHUSDQVL]H³VHOHFWFRRNZDUHKDYLQJIODWERWWRPVODUJHHQRXJKWRFRYHUWKHVXUIDFHXQLWKHDWLQJHOHPHQW
7KHXVHRIXQGHUVL]HGFRRNZDUHZLOOH[SRVHDSRUWLRQRIWKHVXUIDFHXQLWWRGLUHFWFRQWDFWDQGPD\UHVXOWLQLJQLWLRQ
RIFORWKLQJ3URSHUUHODWLRQVKLSRIFRRNZDUHWRVXUIDFHXQLWZLOODOVRLPSURYHHIILFLHQF\
„1HYHUOHDYHWKHVXUIDFHXQLWVXQDWWHQGHGDWKLJKKHDW
VHWWLQJV%RLORYHUVFDXVHVPRNLQJDQGJUHDV\VSLOORYHUV
WKDWPD\FDWFKRQILUH
„'RQRWXVHDOXPLQXPIRLOWROLQHWKHGULSSDQV)RLOFDQ
WUDSKHDWRUPHOWUHVXOWLQJLQGDPDJHWRWKHSURGXFW
DQGDVKRFNRUILUHKD]DUG
„7RDYRLGWKHSRVVLELOLW\RIDEXUQRUHOHFWULFVKRFN
DOZD\VEHFHUWDLQWKDWWKHFRQWUROVIRUDOOVXUIDFHXQLWV
DUHDWWKH2))SRVLWLRQDQGDOOFRLOVDUHFRROEHIRUH
DWWHPSWLQJWROLIWRUUHPRYHDXQLW
„&OHDQWKHFRRNWRSZLWKFDXWLRQ,IDZHWVSRQJHLVXVHG
WRZLSHVSLOOVRQDKRWFRRNWRSEHFDUHIXOWRDYRLG
VWHDPEXUQV
„%HVXUHWKHGULSSDQVDQGWKHYHQWGXFWDUHQRWFRYHUHG
„.HHSDQH\HRQIRRGVEHLQJIULHGDWKLJKRUPHGLXP
DQGDUHLQSODFH7KHLUDEVHQFHGXULQJFRRNLQJFRXOG
KLJKKHDWVHWWLQJV
GDPDJHUDQJHSDUWVDQGZLULQJ
„2QO\FHUWDLQW\SHVRIJODVVJODVVøFHUDPLFHDUWKHQZDUH
RURWKHUJOD]HGFRQWDLQHUVDUHVXLWDEOHIRUFRRNWRS
VHUYLFHRWKHUVPD\EUHDNEHFDXVHRIWKHVXGGHQ
FKDQJHLQWHPSHUDWXUH
„7RPLQLPL]HWKHSRVVLELOLW\RIEXUQVLJQLWLRQRI
IODPPDEOHPDWHULDOVDQGVSLOODJHWKHKDQGOHRID
FRQWDLQHUVKRXOGEHWXUQHGWRZDUGWKHFHQWHURIWKH
UDQJHZLWKRXWH[WHQGLQJRYHUQHDUE\VXUIDFHXQLWV
„$OZD\VWXUQWKHVXUIDFHXQLWVRIIEHIRUHUHPRYLQJ
FRRNZDUH
„'RQRWLPPHUVHRUVRDNWKHUHPRYDEOHVXUIDFHXQLWV
'RQRWSXWWKHPLQDGLVKZDVKHU'RQRWVHOIFOHDQWKH
VXUIDFHXQLWVLQWKHRYHQ
„$OZD\VKHDWIDWVORZO\DQGZDWFKDVLWKHDWV
„'RQRWIODPHIRRGVRQWKHFRRNWRS,I\RXGRIODPH
IRRGVXQGHUWKHKRRGWXUQWKHIDQRQ
„)RRGVIRUIU\LQJVKRXOGEHDVGU\DVSRVVLEOH)URVWRQ
IUR]HQIRRGVRUPRLVWXUHRQIUHVKIRRGVFDQFDXVHKRW
IDWWREXEEOHXSDQGRYHUWKHVLGHVRIWKHSDQ
„8VHOLWWOHIDWIRUHIIHFWLYHVKDOORZRUGHHSIDWIU\LQJ
)LOOLQJWKHSDQWRRIXOORIIDWFDQFDXVHVSLOORYHUVZKHQ
IRRGLVDGGHG
„,IDFRPELQDWLRQRIRLOVRUIDWVZLOOEHXVHGLQIU\LQJVWLU
WRJHWKHUEHIRUHKHDWLQJRUDVIDWVPHOWVORZO\
„8VHDGHHSIDWWKHUPRPHWHUZKHQHYHUSRVVLEOHWR
SUHYHQWRYHUKHDWLQJIDWEH\RQGWKHVPRNLQJSRLQW
„&DUHIXOO\ZDWFKIRUVSLOORYHUVRURYHUKHDWLQJRIIRRGV
ZKHQIU\LQJDWKLJKRUPHGLXPKLJKWHPSHUDWXUHV
„1HYHUWU\WRPRYHDSDQRIKRWIDWHVSHFLDOO\DGHHSIDW
IU\HU:DLWXQWLOWKHIDWLVFRRO
„'RQRWDOORZZDWHURWKHUOLTXLGVRUJUHDVHWRUHPDLQRQ
WKHFRRNWRSRUWKHFRQWUROSDQHO
5($'$1')2//2:7+,66$)(7<,1)250$7,21&$5()8//<
6$9(7+(6(,16758&7,216
8VLQJWKHVXUIDFHXQLWV
*($SSOLDQFHVFRP
7KURXJKRXWWKLVPDQXDOIHDWXUHVDQGDSSHDUDQFHPD\YDU\IURP\RXUPRGHO
+RZWR6HW
3XVKWKHNQRELQDQGWXUQLQHLWKHUGLUHFWLRQWR
WKHVHWWLQJ\RXZDQW
$WERWK2)) DQG+, WKHFRQWUROFOLFNV LQWR
SRVLWLRQ<RXPD\KHDUVOLJKWFOLFNLQJVRXQGV
GXULQJFRRNLQJLQGLFDWLQJWKHFRQWUROLVNHHSLQJ
WKHSRZHUOHYHO\RXVHW
%HVXUH\RXWXUQWKHFRQWURONQRE
WR2))ZKHQ\RXILQLVKFRRNLQJ
$VXUIDFHXQLW21 LQGLFDWRUOLJKWZLOOJORZZKHQ
DQ\VXUIDFHXQLWLVRQ
6XUIDFH&RRNZDUH7LSV
8VHPHGLXPRUKHDY\ZHLJKWFRRNZDUH
$OXPLQXPFRRNZDUHFRQGXFWVKHDWIDVWHU
WKDQRWKHUPHWDOV&DVWLURQDQGFRDWHGFDVW
LURQFRRNZDUHDUHVORZWRDEVRUEKHDWEXW
JHQHUDOO\FRRNHYHQO\DWORZWRPHGLXPKHDW
VHWWLQJV6WHHOSDQVPD\FRRNXQHYHQO\LIQRW
FRPELQHGZLWKRWKHUPHWDOV
)RUEHVWFRRNLQJUHVXOWVSDQVVKRXOGEHIODWRQ
WKHERWWRP0DWFKWKHVL]HRIWKHVDXFHSDQWR
WKHVL]HRIWKHVXUIDFHXQLW7KHSDQVKRXOGQRW
H[WHQGRYHUWKHHGJHRIWKHVXUIDFHXQLWPRUH
WKDQµ
1RWRYHUs
:RN&RRNLQJ
:HUHFRPPHQGWKDW\RXXVHRQO\DIODW
ERWWRPHGZRN7KH\DUHDYDLODEOHDW\RXUORFDO
UHWDLOVWRUH
'RQRWXVHZRNVWKDWKDYHVXSSRUWULQJV8VH
RIWKHVHW\SHVRIZRNVZLWKRUZLWKRXWWKHULQJ
LQSODFHFDQEHGDQJHURXV
3ODFLQJWKHULQJRYHUWKHVXUIDFHXQLWZLOO
FDXVHDEXLOGXSRIKHDWWKDWZLOOGDPDJHWKH
SRUFHODLQFRRNWRS'RQRWWU\WRXVHVXFKZRNV
ZLWKRXWWKHULQJ<RXFRXOGEHVHULRXVO\EXUQHG
LIWKHZRNWLSSHGRYHU
8VHRQO\IODWERWWRPHGZRNV
'HHS)DW)U\LQJ
'RQRWRYHUILOOFRRNZDUHZLWKIDWWKDWPD\VSLOO
RYHUZKHQDGGLQJIRRG)URVW\IRRGVEXEEOH
YLJRURXVO\
:DWFKIRRGIU\LQJDWKLJKWHPSHUDWXUHV.HHS
UDQJHDQGKRRGFOHDQIURPJUHDVH
8VLQJWKHRYHQFRQWUROV
7KURXJKRXWWKLVPDQXDOIHDWXUHVDQGDSSHDUDQFHPD\YDU\IURP\RXUPRGHO
2YHQ&RQWURO&ORFNDQG7LPHU)HDWXUHVDQG6HWWLQJV
%$.(3DG
.,7&+(17,0(5212))3DG
3UHVVWKLVSDGWRVHOHFWWKHEDNHIXQFWLRQ
3UHVVWKLVSDGWRVHOHFWWKHWLPHUIHDWXUH
%52,/+,/23DG
67$573DG
3UHVVWKLVSDGWRVHOHFWWKHEURLOIXQFWLRQ
0XVWEHSUHVVHGWRVWDUWDQ\FRRNLQJRU
FOHDQLQJIXQFWLRQ
'LVSOD\
KRZVWKHWLPHRIGD\DQGWKHWLPHVHWIRUWKH
6
WLPHU
,I´)³DQGDQXPEHURUOHWWHUµIODVKLQWKHGLVSOD\DQG
WKHRYHQFRQWUROVLJQDOVWKLVLQGLFDWHVDIXQFWLRQHUURU
FRGH
,I\RXURYHQZDVVHWIRUDWLPHGRYHQRSHUDWLRQ
ZKHQWKHSRZHURXWDJHRFFXUUHGWKHFORFNDQGDOO
SURJUDPPHGIXQFWLRQVPXVWEHUHVHW
7KHWLPHRIGD\ZLOOIODVKLQWKHGLVSOD\ZKHQWKHUHKDV
EHHQDSRZHURXWDJH
KRUWWDSVWRWKLVSDGZLOOGHFUHDVHWKHWLPHRU
6
WHPSHUDWXUHE\VPDOODPRXQWV3UHVVDQGKROG
WKHSDGWRGHFUHDVHWKHWLPHRUWHPSHUDWXUHE\
ODUJHUDPRXQWV
,1&5($6(3DG
KRUWWDSVWRWKLVSDGZLOOLQFUHDVHWKHWLPHRU
6
WHPSHUDWXUHE\VPDOODPRXQWV3UHVVDQGKROG
WKHSDGWRLQFUHDVHWKHWLPHRUWHPSHUDWXUHE\
ODUJHUDPRXQWV
&22.,1*7,0(3DG
&/($52))3DG
3UHVVWKLVSDGDQGWKHQSUHVVWKH,1&5($6(RU
'(&5($6( SDGVWRVHWWKHDPRXQWRIWLPH\RX
ZDQW\RXUIRRGWRFRRN7KHRYHQZLOOVKXWRII
ZKHQWKHFRRNLQJWLPHKDVUXQRXW
3UHVVWKLVSDGWRFDQFHO$// RYHQRSHUDWLRQV
H[FHSWWKHFORFNDQGWLPHU
'(/$<67$573DG
3UHVVWKLVSDGDQGWKH,1&5($6(RU'(&5($6(
SDGVWRGHOD\WKHVWDUWLQJRI\RXURYHQXSWR
KRXUVDQGPLQXWHV
&/2&.3DG
3UHVVWKLVSDGEHIRUHVHWWLQJWKHFORFN
'(&5($6(3DG
6(/)&/($13DG
3UHVVWKLVSDGWRVHOHFWWKHVHOIFOHDQLQJ
IXQFWLRQ6HHWKH8VLQJWKHVHOIFOHDQLQJRYHQ
VHFWLRQ
6SHFLDOIHDWXUHVRI\RXURYHQFRQWURO
*($SSOLDQFHVFRP
<RXUQHZWRXFKSDGFRQWUROKDVDGGLWLRQDOIHDWXUHVWKDW\RXPD\FKRRVHWRXVH7KHIROORZLQJDUHWKHIHDWXUHVDQGKRZ
\RXPD\DFWLYDWHWKHP
7KHVSHFLDOIHDWXUHPRGHVFDQRQO\EHDFWLYDWHGZKLOHWKHGLVSOD\LVVKRZLQJWKHWLPHRIGD\7KH\UHPDLQLQWKHFRQWURO·V
PHPRU\XQWLOWKHVWHSVDUHUHSHDWHG
:KHQWKHGLVSOD\VKRZV\RXUFKRLFHSUHVVWKH67$57SDG7KHVSHFLDOIHDWXUHVZLOOUHPDLQLQPHPRU\DIWHUDSRZHU
IDLOXUH
+RXU6KXW2II
:LWKWKLVIHDWXUHVKRXOG\RXIRUJHWDQGOHDYH
WKHRYHQRQWKHFRQWUROZLOODXWRPDWLFDOO\
WXUQRIIWKHRYHQDIWHUKRXUVGXULQJEDNLQJ
IXQFWLRQVRUDIWHUKRXUVGXULQJDEURLOIXQFWLRQ
3UHVVWKH'(/$<67$57 SDG7KHGLVSOD\
ZLOOVKRZVKGQKRXUVKXWRII3UHVV
WKH'(/$<67$57SDGDJDLQDQGWKH
GLVSOD\ZLOOVKRZQRVKGQ QRVKXWRII
,I\RXZLVKWRWXUQ2)) WKLVIHDWXUHIROORZWKH
VWHSVEHORZ
3UHVVWKH67$57SDGWRDFWLYDWHWKHQR
VKXWRIIDQGOHDYHWKHFRQWUROVHWLQWKLV
VSHFLDOIHDWXUHVPRGH
3UHVVWKH%$.(DQG%52,/+,/2SDGVDW
WKHVDPHWLPHIRUVHFRQGVXQWLOWKH
GLVSOD\VKRZV6)
)DKUHQKHLWRU&HOVLXV7HPSHUDWXUH6HOHFWLRQ
<RXURYHQFRQWUROLVVHWWRXVHWKH)DKUHQKHLW
WHPSHUDWXUHVHOHFWLRQVEXW\RXPD\FKDQJHWKLV
WRXVHWKH&HOVLXVVHOHFWLRQV
3UHVVWKH%$.(DQG%52,/+,/2SDGVDW
WKHVDPHWLPHIRUVHFRQGVXQWLOWKH
GLVSOD\VKRZV6)
3UHVVWKH%52,/+,/2SDGDJDLQ7KH
GLVSOD\ZLOOVKRZ&&HOVLXV
3UHVVWKH67$57SDG
3UHVVWKH%52,/+,/2SDG7KHGLVSOD\
ZLOOVKRZ))DKUHQKHLW
&RQWURO/RFNRXW
<RXUFRQWUROZLOODOORZ\RXWRORFNRXWWKHWRXFK
SDGVVRWKH\FDQQRWEHDFWLYDWHGZKHQSUHVVHG
3UHVVWKH%$.(DQG%52,/+,/2SDGVDW
WKHVDPHWLPHIRUVHFRQGVXQWLOWKH
GLVSOD\VKRZV6)
3UHVVWKH6(/)&/($1SDG7KHGLVSOD\
ZLOOVKRZ/2&2))
:KHQWKLVIHDWXUHLVRQDQGWKHWRXFKSDGVDUH
SUHVVHGWKHFRQWUROZLOOEHHSDQGWKHGLVSOD\
ZLOOVKRZ/2&
127(7KHFRQWUROORFNRXWPRGHZLOOQRWDIIHFW
WKH&/2&.DQG.,7&+(17,0(5212))WRXFK
SDGV
3UHVVWKH6(/)&/($1SDGDJDLQ7KH
GLVSOD\ZLOOVKRZ/2&21
3UHVVWKH67$57SDGWRDFWLYDWHWKH
FRQWUROORFNRXWIHDWXUHDQGOHDYHWKH
FRQWUROVHWLQWKLVVSHFLDOIHDWXUHVPRGH
6SHFLDOIHDWXUHVRI\RXURYHQFRQWURO
7RQHVDWWKH(QGRID7LPHG&\FOH
$WWKHHQGRIDWLPHGF\FOHVKRUWEHHSVZLOO
VRXQGIROORZHGE\RQHEHHSHYHU\VHFRQGV
XQWLOWKH&/($52))SDGLVSUHVVHG7KLV
FRQWLQXDOVHFRQGEHHSPD\EHFDQFHOHG
7RFDQFHOWKHVHFRQGEHHS
3UHVVWKH%$.(DQG%52,/+,/2SDGVDW
WKHVDPHWLPHIRUVHFRQGVXQWLOWKH
GLVSOD\VKRZV6)
+RXU+RXURU&ORFN%ODFNRXW
<RXUFRQWUROLVVHWWRXVHDKRXUFORFN
,I\RXZRXOGSUHIHUWRKDYHDKRXUPLOLWDU\
WLPHFORFNRUEODFNRXWWKHFORFNGLVSOD\IROORZ
WKHVWHSVEHORZ
3UHVVWKH%$.(DQG%52,/+,/2SDGVDW
WKHVDPHWLPHIRUVHFRQGVXQWLOWKH
GLVSOD\VKRZV6)
3UHVVWKH&/2&.SDGRQFH7KHGLVSOD\
ZLOOVKRZKU ,IWKLVLVWKHFKRLFH\RX
ZDQWSUHVVWKH67$57SDG
3UHVVWKH&/2&.SDGDJDLQWRFKDQJHWR
WKHKRXUPLOLWDU\WLPHFORFN7KHGLVSOD\
ZLOOVKRZKU ,IWKLVLVWKHFKRLFH\RX
ZDQWSUHVVWKH67$57SDG
3UHVVWKH&/2&.SDGDJDLQWREODFNRXW
WKHFORFNGLVSOD\7KHGLVSOD\ZLOOVKRZ
2)) ,IWKLVLVWKHFKRLFH\RXZDQWSUHVV
WKH67$57SDG
127(,IWKHFORFNLVLQWKHEODFNRXWPRGH\RX
ZLOOQRWEHDEOHWRXVHWKH'HOD\6WDUWIXQFWLRQ
3UHVVWKH.,7&+(17,0(5212))
SDG7KHGLVSOD\VKRZV&21%((3
FRQWLQXDOEHHS3UHVVWKH.,7&+(17,0(5
212))SDGDJDLQ7KHGLVSOD\VKRZV
%((37KLVFDQFHOVWKHRQHEHHSHYHU\
VHFRQGV
3UHVVWKH67$57SDG
*($SSOLDQFHVFRP
&RRNDQG+ROG
<RXUQHZFRQWUROKDVDFRRNDQGKROGIHDWXUH
WKDWNHHSVFRRNHGIRRGVZDUPIRUXSWRKRXUV
DIWHUWKHFRRNLQJIXQFWLRQLVILQLVKHG
7KLVIHDWXUHFDQEHXVHGRQO\DWWKHHQGRID
WLPHGEDNLQJF\FOHZKLFKKDVDQDXWRPDWLF
VWRS
7RDFWLYDWHWKLVIHDWXUHIROORZWKHVWHSVEHORZ
3UHVVWKH%$.(DQG%52,/+,/2SDGVDW
WKHVDPHWLPHIRUVHFRQGVXQWLOWKH
GLVSOD\VKRZV6)
3UHVVWKH&22.,1*7,0(SDG7KHGLVSOD\
ZLOOVKRZ+OG2))
3UHVVWKH&22.,1*7,0(SDGDJDLQWR
DFWLYDWHWKHIHDWXUH7KHGLVSOD\ZLOOVKRZ
+OG21
3UHVVWKH67$57SDGWRDFWLYDWHWKHFRRN
DQGKROGIHDWXUHDQGOHDYHWKHFRQWUROVHW
LQWKLVVSHFLDOIHDWXUHVPRGH
&KDQJLQJWKH6SHHGRIWKH,QFUHDVHRU'HFUHDVH3DGV
$V\RXXVHWKH,1&5($6(RU'(&5($6(SDGV
ZKHQVHWWLQJDWLPHRUWHPSHUDWXUH\RXPD\
QRWLFHWKHGLVSOD\FKDQJHVVORZO\7KLVVSHFLDO
IHDWXUHDOORZV\RXWRFKDQJHWKHVSHHG
7RVHWWKHVSHHG\RXSUHIHUIROORZWKHVWHSV
EHORZ
3UHVVWKH%$.(DQG%52,/+,/2SDGVDW
WKHVDPHWLPHIRUVHFRQGVXQWLOWKH
GLVSOD\VKRZV6)
3UHVVWKH,1&5($6(SDG7KHGLVSOD\ZLOO
VKRZ\RXDVHWVSHHGEHWZHHQDQG
3UHVVWKH,1&5($6( SDGWRLQFUHDVHWKH
VSHHGXSWRWKHQXPEHU
3UHVVWKH'(&5($6( SDGWRGHFUHDVHWKH
VSHHGGRZQWRWKHQXPEHU
3UHVV67$57WRDFWLYDWHWKHVHWWLQJDQG
OHDYHWKHFRQWUROVHWLQWKLVVSHFLDO
IHDWXUHVPRGH
8VLQJWKHRYHQ
7RDYRLGSRVVLEOHEXUQVSODFHWKHUDFNVLQWKHGHVLUHGSRVLWLRQEHIRUH\RXWXUQWKHRYHQRQ
%HIRUH\RXEHJLQ«
7KHUDFNVKDYHVWRSORFNVVRWKDWZKHQSODFHG
FRUUHFWO\RQWKHVXSSRUWVWKH\ZLOOVWRSEHIRUH
FRPLQJFRPSOHWHO\RXWDQGZLOOQRWWLOW
:KHQSODFLQJDQGUHPRYLQJFRRNZDUHSXOOWKH
UDFNRXWXQWLOLWVWRSV
7RUHPRYHDUDFNSXOOLWWRZDUG\RXWLOWWKH
IURQWHQGXSDQGSXOOLWRXW
7RUHSODFHSODFHWKHHQGRIWKHUDFNVWRS
ORFNVRQWKHVXSSRUWWLOWXSWKHIURQWDQGSXVK
WKHUDFNLQ
7KHRYHQKDVUDFNSRVLWLRQV
+RZWR6HWWKH2YHQIRU%DNLQJRU5RDVWLQJ
3UHVVWKH%$.(SDG
7\SHRI)RRG
3UHVVWKH,1&5($6(RU'(&5($6( SDGWR
VHWWKHRYHQWHPSHUDWXUH
)UR]HQSLHVRQFRRNLHVKHHW
7RFKDQJHWKHRYHQWHPSHUDWXUHGXULQJWKH
%DNHF\FOHSUHVVWKH%$.(SDGDQGVHWWKH
QHZWHPSHUDWXUH
3UHVVWKH67$57SDG:KHQWKHRYHQ
VWDUWVWRKHDWWKHFKDQJLQJWHPSHUDWXUH
ZLOOEHLQWKHGLVSOD\7KHGLVSOD\VWDUWV
FKDQJLQJRQFHWKHWHPSHUDWXUHUHDFKHV
ƒ)
3UHVVWKH&/($52)) SDGZKHQEDNLQJLV
ILQLVKHG
$QJHOIRRGFDNH
EXQGWRUSRXQGFDNHV
5DFN3RVLWLRQ
%RU&
$
%LVFXLWVPXIILQVEURZQLHV
FRRNLHVFXSFDNHV
OD\HUFDNHVSLHV
%RU&
&DVVHUROHV
%RU&
127($FRROLQJIDQPD\DXWRPDWLFDOO\WXUQRQ
DQGRIIWRFRROLQWHUQDOSDUWV7KLVLVQRUPDODQG
WKHIDQPD\FRQWLQXHWRUXQHYHQDIWHUWKHRYHQ
LVWXUQHGRII
3UHKHDWLQJDQG3DQ3ODFHPHQW
3UHKHDWWKHRYHQLIWKHUHFLSHFDOOVIRULW
3UHKHDWLQJLVQHFHVVDU\IRUJRRGUHVXOWVZKHQ
EDNLQJFDNHVFRRNLHVSDVWU\DQGEUHDGV
7RSUHKHDWVHWWKHRYHQDWWKHFRUUHFW
WHPSHUDWXUH7KHFRQWUROZLOOEHHSZKHQ
WKHRYHQLVSUHKHDWHGDQGWKHGLVSOD\ZLOO
VKRZ\RXUVHWWHPSHUDWXUH7KLVZLOOWDNH
DSSUR[LPDWHO\²PLQXWHV
%DNLQJUHVXOWVZLOOEHEHWWHULIEDNLQJSDQVDUH
FHQWHUHGLQWKHRYHQDVPXFKDVSRVVLEOH3DQV
VKRXOGQRWWRXFKHDFKRWKHURUWKHZDOOVRIWKH
RYHQ,I\RXQHHGWRXVHWZRUDFNVVWDJJHUWKH
SDQVVRRQHLVQRWGLUHFWO\DERYHWKHRWKHUDQG
OHDYHDSSUR[LPDWHO\øµEHWZHHQSDQVIURP
WKHIURQWEDFNDQGVLGHVRIWKHZDOO
$OXPLQXP)RLO
'RQRWXVHDOXPLQXPIRLOWROLQHRYHQERWWRPV
7KHIRLOZLOOWUDSKHDWEHORZDQGXSVHWWKH
SHUIRUPDQFHRIWKHRYHQ)RLOFDQPHOWDQG
SHUPDQHQWO\GDPDJHWKHRYHQERWWRP
'DPDJHIURPLPSURSHUXVHRIDOXPLQXPIRLOLV
QRWFRYHUHGE\WKHSURGXFWZDUUDQW\
)RLOPD\EHXVHGWRFDWFKVSLOOVE\SODFLQJD
VKHHWRQDORZHUUDFNVHYHUDOLQFKHVEHORZ
WKHIRRG'RQRWXVHPRUHIRLOWKDQQHFHVVDU\
DQGQHYHUHQWLUHO\FRYHUDQRYHQUDFNZLWK
DOXPLQXPIRLO.HHSIRLODWOHDVWµIURP
RYHQZDOOVWRSUHYHQWSRRUKHDWFLUFXODWLRQ
*($SSOLDQFHVFRP
+RZWR6HWWKH2YHQIRU%URLOLQJ
3ODFHWKHPHDWRUILVKRQDEURLOHUJULGLQD
EURLOHUSDQGHVLJQHGIRUEURLOLQJ
)ROORZVXJJHVWHGUDFNSRVLWLRQVLQWKH
%URLOLQJ*XLGH
/HDYHWKHGRRURSHQWRWKHEURLO
VWRSSRVLWLRQ7KHGRRUVWD\V
RSHQE\LWVHOI\HWWKHSURSHU
WHPSHUDWXUHLVPDLQWDLQHGLQWKH
RYHQ
3UHVVWKH%52,/+,/2SDGRQFHIRU+,
%URLO
,I\RXURYHQLVFRQQHFWHGWRYROWVUDUH
VWHDNVPD\EHEURLOHGE\SUHKHDWLQJWKHEURLOHU
DQGSRVLWLRQLQJWKHRYHQUDFNRQHSRVLWLRQ
KLJKHU
7RFKDQJHWR/2%URLOSUHVVWKH%52,/+,
/2SDGDJDLQ
3UHVVWKH67$57SDG
:KHQEURLOLQJLVILQLVKHGSUHVVWKH&/($5
2))SDG
8VH/2%URLO WRFRRNIRRGVVXFKDVSRXOWU\RU
WKLFNFXWVRIPHDWWKRURXJKO\ZLWKRXWRYHU
EURZQLQJWKHP
%URLOLQJ*XLGH
)RRG
4XDQWLW\DQG
RU7KLFNQHVV
5DFN
)LUVW6LGH 6HFRQG6LGH 3RVLWLRQ 7LPHPLQ 7LPHPLQ &RPPHQWV
%DFRQ
*URXQG%HHI
:HOO'RQH
%HHI6WHDNV
5DUH
0HGLXP
:HOO'RQH
5DUH
0HGLXP
:HOO'RQH
&KLFNHQ
/REVWHU7DLOV
)LVK)LOOHWV
+DP6OLFHV
SUHFRRNHG
3RUN&KRSV
:HOO'RQH
OE
DERXWWKLQVOLFHV
OESDWWLHV
WRµWKLFN
&
&
ø
ø
µWKLFN
WRøOEV
øµWKLFN
WRøOEV
ZKROH
WRøOEV
VSOLWOHQJWKZLVH
²
WRR]HDFK
WRµWKLFN
µWKLFN
µWKLFN
µWKLFNDERXWOE
&
&
&
&
&
&
$
%
&
%
&
%
²
²
²
²
²
'RQRW
WXUQ
RYHU
$UUDQJHLQVLQJOHOD\HU
6SDFHHYHQO\8SWR
SDWWLHVWDNHDERXWWKH
VDPHWLPH
6WHDNVOHVVWKDQµ
WKLFNFRRNWKURXJK
EHIRUHEURZQLQJ3DQ
IU\LQJLVUHFRPPHQGHG
6ODVKIDW
5HGXFHWLPHDERXW
WRPLQXWHVSHUVLGH
IRUFXWXSFKLFNHQ
%UXVKHDFKVLGHZLWK
PHOWHGEXWWHU%URLO
VNLQVLGHGRZQILUVW
&XWWKURXJKEDFNRI
VKHOO6SUHDGRSHQ
%UXVKZLWKPHOWHG
EXWWHUEHIRUHEURLOLQJ
DQGDIWHUKDOIRI
EURLOLQJWLPH
+DQGOHDQGWXUQYHU\
FDUHIXOO\%UXVKZLWK
OHPRQEXWWHUEHIRUH
DQGGXULQJFRRNLQJLI
GHVLUHG3UHKHDW
EURLOHUWRLQFUHDVH
EURZQLQJ
,QFUHDVHWLPHWR
PLQXWHVSHUVLGH
IRUøµWKLFNRU
KRPHFXUHGKDP
6ODVKIDW
8VLQJWKHFORFNDQGWLPHU
7R6HWWKH&ORFN
0DNHVXUHWKHFORFNLVVHWWRWKH
FRUUHFWWLPHRIGD\
7KHFORFNPXVWEHVHWWRWKHFRUUHFWWLPHRIGD\
IRUWKHDXWRPDWLFRYHQWLPLQJIXQFWLRQVWRZRUN
SURSHUO\7KHWLPHRIGD\FDQQRWEHFKDQJHG
GXULQJDWLPHGEDNLQJRUVHOIFOHDQLQJF\FOH
3UHVVWKH&/2&.SDG
3UHVVWKH,1&5($6( RU'(&5($6( SDGV
3UHVVWKH67$57SDG
7R6HWWKH7LPHU
3UHVVWKH.,7&+(17,0(5212))SDG
7KHWLPHULVDPLQXWHWLPHURQO\
7KHWLPHUGRHVQRWFRQWURORYHQ
RSHUDWLRQV7KHPD[LPXPVHWWLQJ
RQWKHWLPHULVKRXUVDQG
PLQXWHV
3UHVVWKH,1&5($6(RU'(&5($6( SDGV
XQWLOWKHDPRXQWRIWLPH\RXZDQWVKRZV
LQWKHGLVSOD\
,I\RXPDNHDPLVWDNHSUHVVWKH.,7&+(1
7,0(5212))SDGDQGEHJLQDJDLQ
3UHVVWKH67$57SDG
:KHQWKHWLPHUUHDFKHVWKHFRQWURO
ZLOOEHHSWLPHVIROORZHGE\RQHEHHS
HYHU\VHFRQGVXQWLOWKH.,7&+(17,0(5
212))SDGLVSUHVVHG
7KHVHFRQGWRQHFDQEHFDQFHOHGE\
IROORZLQJWKHVWHSVLQWKH6SHFLDOIHDWXUHVRI
\RXURYHQFRQWUROVHFWLRQXQGHU7RQHVDWWKH
(QGRID7LPHG&\FOH
7R5HVHWWKH7LPHU
,IWKHGLVSOD\LVVWLOOVKRZLQJWKHWLPHUHPDLQLQJ
\RXPD\FKDQJHLWE\SUHVVLQJWKH.,7&+(1
7,0(5212))SDGWKHQSUHVVWKH,1&5($6(
RU'(&5($6( SDGVXQWLOWKHWLPH\RXZDQW
DSSHDUVLQWKHGLVSOD\
,IWKHUHPDLQLQJWLPHLVQRWLQWKHGLVSOD\
FORFNGHOD\VWDUWRUFRRNLQJWLPHDUHLQWKH
GLVSOD\UHFDOOWKHUHPDLQLQJWLPHE\SUHVVLQJ
WKH.,7&+(17,0(5212))SDGDQGWKHQ
SUHVVLQJWKH,1&5($6(RU'(&5($6( SDGVWR
HQWHUWKHQHZWLPH\RXZDQW
7R&DQFHOWKH7LPHU
3UHVVWKH.,7&+(17,0(5212))SDGWZLFH
3RZHU2XWDJH
$IWHUDSRZHURXWDJHZKHQSRZHULVUHVWRUHG
WKHGLVSOD\ZLOOIODVKDQGWLPHVKRZQZLOO
QRORQJHUEHFRUUHFW³IRUH[DPSOHDIWHUD
PLQXWHSRZHULQWHUUXSWLRQWKHFORFNZLOOEH
PLQXWHVVORZ
7KHGLVSOD\IODVKHVXQWLOWKHFORFNLVUHVHW$OO
RWKHUIXQFWLRQVWKDWZHUHLQRSHUDWLRQZKHQWKH
SRZHUZHQWRXWZLOOKDYHWREHSURJUDPPHG
DJDLQ
8VLQJWKHWLPHGEDNLQJDQGURDVWLQJIHDWXUHVRQVRPHPRGHOV
*($SSOLDQFHVFRP
127()RRGVWKDWVSRLOHDVLO\²VXFKDVPLONHJJVILVKVWXIILQJVSRXOWU\DQGSRUN²VKRXOGQRWEHDOORZHGWRVLWIRU
PRUHWKDQKRXUEHIRUHRUDIWHUFRRNLQJ5RRPWHPSHUDWXUHSURPRWHVWKHJURZWKRIKDUPIXOEDFWHULD%HVXUHWKDW
WKHRYHQOLJKWLVRIIEHFDXVHKHDWIURPWKHEXOEZLOOVSHHGKDUPIXOEDFWHULDJURZWK
7KHORZWHPSHUDWXUH]RQHRIWKLVUDQJHEHWZHHQƒ)DQGƒ)LVDYDLODEOHWRNHHSKRWFRRNHGIRRGVZDUP
)RRGNHSWLQWKHRYHQORQJHUWKDQKRXUVDWWKHVHORZWHPSHUDWXUHVPD\VSRLO
+RZWR6HWDQ,PPHGLDWH6WDUWDQG$XWRPDWLF6WRS
7KHRYHQZLOOWXUQRQLPPHGLDWHO\DQGFRRN
IRUDVHOHFWHGOHQJWKRIWLPH$WWKHHQGRIWKH
FRRNLQJWLPHWKHRYHQZLOOWXUQRIIDXWRPDWLFDOO\
3UHVVWKH%$.(SDG
8VLQJWKH,1&5($6( RU'(&5($6( SDGV
HQWHUWKHGHVLUHGWHPSHUDWXUH
3UHVVWKH&22.,1*7,0(SDG
7KHGLVSOD\VKRZVWKHRYHQWHPSHUDWXUHWKDW
\RXVHWDQGWKHFRRNLQJWLPHFRXQWGRZQ7KH
GLVSOD\VWDUWVFKDQJLQJRQFHWKHWHPSHUDWXUH
UHDFKHVƒ)
7KHRYHQZLOOFRQWLQXHWRFRRNIRUWKH
SURJUDPPHGDPRXQWRIWLPHWKHQVKXWRII
DXWRPDWLFDOO\
3UHVVWKH&/($52))SDGWRFOHDUWKHGLVSOD\
127(,I\RXUUHFLSHUHTXLUHVSUHKHDWLQJ\RX
PD\QHHGWRDGGDGGLWLRQDOWLPHWRWKHOHQJWK
RIWKHFRRNLQJWLPH
8VLQJWKH,1&5($6( RU'(&5($6( SDGV
HQWHUWKHGHVLUHGEDNLQJWLPH7KHRYHQ
WHPSHUDWXUHDQGWKHFRRNLQJWLPHWKDW
\RXHQWHUHGZLOOEHGLVSOD\HG
3UHVVWKH67$57SDG
+RZWR6HWD'HOD\HG6WDUWDQG$XWRPDWLF6WRS
<RXFDQVHWWKHRYHQFRQWUROWRGHOD\VWDUWWKH
RYHQFRRNIRUDVSHFLILFOHQJWKRIWLPHDQG
WKHQWXUQRIIDXWRPDWLFDOO\
0DNHVXUHWKHFORFNVKRZVWKHFRUUHFWWLPHRI
GD\
3UHVVWKH%$.(SDG
8VLQJWKH,1&5($6( RU'(&5($6( SDGV
HQWHUWKHGHVLUHGWHPSHUDWXUH
3UHVVWKH&22.,1*7,0(SDG
127(,I\RXUUHFLSHUHTXLUHVSUHKHDWLQJ\RX
PD\QHHGWRDGGDGGLWLRQDOWLPHWRWKHOHQJWK
RIWKHFRRNLQJWLPH
3UHVVWKH67$57SDG
127($QDWWHQWLRQWRQHZLOOVRXQGLI\RXDUH
XVLQJWLPHGEDNLQJDQGGRQRWSUHVVWKH67$57
SDGDIWHUHQWHULQJWKHEDNLQJWHPSHUDWXUH
,I\RXZRXOGOLNHWRFKHFNWKHWLPHV\RXKDYH
VHWSUHVVWKH'(/$<67$57SDGWRFKHFNWKH
VWDUWWLPH\RXKDYHVHWRUSUHVVWKH&22.,1*
7,0(SDGWRFKHFNWKHOHQJWKRIFRRNLQJWLPH
\RXKDYHVHW
:KHQWKHRYHQWXUQVRQDWWKHWLPHRIGD\\RX
KDYHVHWWKHGLVSOD\ZLOOVKRZWKHFKDQJLQJ
WHPSHUDWXUHVWDUWLQJDWƒ)DQGWKHFRRNLQJ
WLPHFRXQWGRZQ
8VLQJWKH,1&5($6( RU'(&5($6( SDGV
HQWHUWKHGHVLUHGEDNLQJWLPH
$WWKHHQGRIWLPHGEDNLQJWKHRYHQZLOOWXUQ
RII7KHHQGRIF\FOHWRQHZLOOVRXQG
3UHVVWKH'(/$<67$57SDG
3UHVVWKH&/($52))SDGWRFOHDUWKHGLVSOD\
8VLQJWKH,1&5($6( RU'(&5($6( SDGV
HQWHUWKHWLPHRIGD\\RXZDQWWKHRYHQWR
WXUQRQDQGVWDUWFRRNLQJ
$GMXVWWKHRYHQWKHUPRVWDW³'RLW\RXUVHOI
<RXPD\ILQGWKDW\RXUQHZRYHQFRRNVGLIIHUHQWO\WKDQWKHRQHLWUHSODFHG8VH\RXUQHZRYHQIRUDIHZZHHNVWREHFRPH
PRUHIDPLOLDUZLWKLW,I\RXVWLOOWKLQN\RXUQHZRYHQLVWRRKRWRUWRRFROG\RXFDQDGMXVWWKHWKHUPRVWDW\RXUVHOI
'RQRWXVHWKHUPRPHWHUVVXFKDVWKRVHIRXQGLQJURFHU\VWRUHVWRFKHFNWKHWHPSHUDWXUHVHWWLQJRI\RXURYHQ7KHVH
WKHUPRPHWHUVPD\YDU\²GHJUHHV
127(7KLVDGMXVWPHQWZLOOQRWDIIHFWWKHEURLOLQJRUWKHVHOIFOHDQLQJWHPSHUDWXUHV7KHDGMXVWPHQWZLOOEHUHWDLQHGLQ
PHPRU\DIWHUDSRZHUIDLOXUH
7R$GMXVWWKH7KHUPRVWDW
3UHVVWKH%$.(DQG%52,/+,/2SDGVDW
WKHVDPHWLPHIRUVHFRQGVXQWLOWKH
GLVSOD\VKRZV6)
3UHVVWKH%$.(SDG$WZRGLJLWQXPEHU
VKRZVLQWKHGLVSOD\
7KHRYHQWHPSHUDWXUHFDQEHDGMXVWHGXS
WRƒ)KRWWHURUƒ)FRROHU
3UHVVWKH,1&5($6(SDGWRLQFUHDVHWKH
WHPSHUDWXUHLQGHJUHHLQFUHPHQWV
3UHVVWKH'(&5($6( SDGWRGHFUHDVHWKH
WHPSHUDWXUHLQGHJUHHLQFUHPHQWV
:KHQ\RXKDYHPDGHWKHDGMXVWPHQW
SUHVVWKH67$57SDGWRJREDFNWRWKH
WLPHRIGD\GLVSOD\8VH\RXURYHQDV\RX
ZRXOGQRUPDOO\
7KHW\SHRIPDUJDULQHZLOODIIHFWEDNLQJSHUIRUPDQFH
0RVWUHFLSHVIRUEDNLQJKDYHEHHQGHYHORSHGXVLQJKLJKIDWSURGXFWVVXFKDVEXWWHURUPDUJDULQHIDW,I\RX
GHFUHDVHWKHIDWWKHUHFLSHPD\QRWJLYHWKHVDPHUHVXOWVDVZLWKDKLJKHUIDWSURGXFW
5HFLSHIDLOXUHFDQUHVXOWLIFDNHVSLHVSDVWULHVFRRNLHVRUFDQGLHVDUHPDGHZLWKORZIDWVSUHDGV7KHORZHUWKHIDWFRQWHQW
RIDVSUHDGSURGXFWWKHPRUHQRWLFHDEOHWKHVHGLIIHUHQFHVEHFRPH
)HGHUDOVWDQGDUGVUHTXLUHSURGXFWVODEHOHG´PDUJDULQHµWRFRQWDLQDWOHDVWIDWE\ZHLJKW/RZIDWVSUHDGVRQWKHRWKHUKDQG
FRQWDLQOHVVIDWDQGPRUHZDWHU7KHKLJKPRLVWXUHFRQWHQWRIWKHVHVSUHDGVDIIHFWVWKHWH[WXUHDQGIODYRURIEDNHGJRRGV)RUEHVW
UHVXOWVZLWK\RXUROGIDYRULWHUHFLSHVXVHPDUJDULQHEXWWHURUVWLFNVSUHDGVFRQWDLQLQJDWOHDVWYHJHWDEOHRLO
8VLQJWKHVHOIFOHDQLQJRYHQ
*($SSOLDQFHVFRP
7KHRYHQGRRUPXVWEHFORVHGDQGDOOFRQWUROVPXVWEHVHWFRUUHFWO\IRUWKHF\FOHWRZRUNSURSHUO\
&$87,21
1HYHUSODFHFRRNLQJXWHQVLOVEDNLQJVWRQHVIRLORUDQ\RWKHULWHPVRQWKHRYHQIORRU(YHQLWHPV
UDWHGIRUKLJKWHPSHUDWXUHPD\SHUPDQHQWO\DGKHUHWRRYHQERWWRPRUFDXVHKHDWGDPDJHWRWKHRYHQIORRULQJRULWHPV
LQVWRUDJHGUDZHUV
%HIRUHD&OHDQ&\FOH
:HUHFRPPHQGYHQWLQJ\RXUNLWFKHQZLWKDQ
RSHQZLQGRZRUXVLQJDYHQWLODWLRQIDQRUKRRG
GXULQJWKHILUVWVHOIFOHDQF\FOH
5HPRYHUDFNVEURLOHUSDQEURLOHUJULGDOO
FRRNZDUHDQGDQ\DOXPLQXPIRLOIURPWKH
RYHQ
:LSHXSKHDY\VRLORQWKHRYHQ
ERWWRPDSSHDUDQFHPD\YDU\
7KHVKLQ\VLOYHUFRORUHGRYHQUDFNVRQVRPH
PRGHOVFDQEHVHOIFOHDQHGEXWWKH\ZLOO
GDUNHQORVHWKHLUOXVWHUDQGEHFRPHKDUGWR
VOLGH
'RQRWFOHDQWKHJDVNHW7KHILEHUJODVVPDWHULDO
RIWKHRYHQGRRUJDVNHWFDQQRWZLWKVWDQG
DEUDVLRQ,WLVHVVHQWLDOIRUWKHJDVNHWWRUHPDLQ
LQWDFW,I\RXQRWLFHLWEHFRPLQJZRUQRUIUD\HG
UHSODFHLW
:LSHXSDQ\KHDY\VSLOORYHUVRQWKHRYHQ
ERWWRP
0DNHVXUHWKHRYHQOLJKWEXOEFRYHULVLQSODFH
DQGWKHRYHQOLJKWLVRII
,03257$17 7KHKHDOWKRIVRPHELUGVLV
6RLORQWKHIURQWIUDPHRIWKHUDQJHDQGRXWVLGH H[WUHPHO\VHQVLWLYHWRWKHIXPHVJLYHQRII
WKHJDVNHWRQWKHGRRUZLOOQHHGWREHFOHDQHG
GXULQJWKHVHOIFOHDQLQJF\FOHRIDQ\UDQJH
E\KDQG&OHDQWKHVHDUHDVZLWKKRWZDWHU
0RYHELUGVWRDQRWKHUZHOOYHQWLODWHGURRP
VRDSILOOHGVWHHOZRROSDGVRUFOHDQVHUVVXFKDV
6RIW6FUXEŠ5LQVHZHOOZLWKFOHDQZDWHUDQGGU\
+RZWR6HWWKH2YHQIRU&OHDQLQJ
3UHVVWKH6(/)&/($1SDG
8VLQJWKH,1&5($6(RU'(&5($6(SDGV
HQWHUWKHGHVLUHGFOHDQWLPHLIDWLPH
RWKHUWKDQKRXUVLVQHHGHG
&OHDQF\FOHWLPHLVQRUPDOO\KRXUV<RXFDQ
FKDQJHWKHFOHDQWLPHWRDQ\WLPHEHWZHHQ
KRXUVDQGKRXUVGHSHQGLQJRQKRZGLUW\
\RXURYHQLV
3UHVVWKH67$57SDG
7KHGRRUORFNVDXWRPDWLFDOO\7KHGLVSOD\
ZLOOVKRZWKHFOHDQWLPHUHPDLQLQJ,WZLOOQRW
EHSRVVLEOHWRRSHQWKHRYHQGRRUXQWLOWKH
WHPSHUDWXUHGURSVEHORZWKHORFNWHPSHUDWXUH
DQGWKH/2&.(''225OLJKWJRHVRII
7KHRYHQVKXWVRIIDXWRPDWLFDOO\ZKHQWKH
FOHDQF\FOHLVFRPSOHWH
:KHQWKH/2&.(''225OLJKWLVRIIRSHQWKH
GRRU
„7KHZRUGV/2&.'225ZLOOIODVKDQGWKH
RYHQFRQWUROZLOOVLJQDOLI\RXVHWWKHFOHDQ
F\FOHDQGIRUJHWWRFORVHWKHRYHQGRRU
„7RVWRSDFOHDQF\FOHSUHVVWKH&/($52))
SDG:KHQWKH/2&.(''225 OLJKWJRHV
RIILQGLFDWLQJWKHRYHQKDVFRROHGEHORZWKH
ORFNLQJWHPSHUDWXUHRSHQWKHGRRU
8VLQJWKHVHOIFOHDQLQJRYHQ
7KHRYHQGRRUPXVWEHFORVHGDQGDOOFRQWUROVPXVWEHVHWFRUUHFWO\IRUWKHF\FOHWRZRUNSURSHUO\
+RZWR'HOD\WKH6WDUWRI&OHDQLQJ
0DNHVXUHWKHFORFNVKRZVWKHFRUUHFWWLPHRI
GD\
3UHVVWKH6(/)&/($1SDG
8VLQJWKH,1&5($6(RU'(&5($6(SDGV
HQWHUWKHGHVLUHGFOHDQWLPH
3UHVVWKH'(/$<67$57SDG7KHHDUOLHVW
VWDUWWLPH\RXFDQVHWZLOODSSHDULQWKH
GLVSOD\
7KHGRRUORFNVDXWRPDWLFDOO\7KHGLVSOD\ZLOO
VKRZWKHVWDUWWLPH,WZLOOQRWEHSRVVLEOHWR
RSHQWKHRYHQGRRUXQWLOWKHWHPSHUDWXUH
GURSVEHORZWKHORFNWHPSHUDWXUHDQGWKH
/2&.(''225OLJKWJRHVRII
7KHRYHQVKXWVRIIDXWRPDWLFDOO\ZKHQWKH
FOHDQF\FOHLVFRPSOHWH
:KHQWKH/2&.(''225OLJKWLVRIIRSHQWKH
GRRU
8VLQJWKH,1&5($6(RU'(&5($6(SDGV
HQWHUWKHWLPHRIGD\\RXZDQWWKHFOHDQ
F\FOHWRVWDUW
3UHVVWKH67$57SDG
$IWHUD&OHDQ&\FOH
<RXPD\QRWLFHVRPHZKLWHDVKLQWKHRYHQ
:LSHLWXSZLWKDGDPSFORWKDIWHUWKHRYHQ
FRROV
,IZKLWHVSRWVUHPDLQUHPRYHWKHPZLWKD
VRDSILOOHGVWHHOZRROSDGDQGULQVHWKRURXJKO\
ZLWKDYLQHJDUDQGZDWHUPL[WXUH
7KHVHGHSRVLWVDUHXVXDOO\DVDOWUHVLGXHWKDW
FDQQRWEHUHPRYHGE\WKHFOHDQF\FOH
,IWKHRYHQLVQRWFOHDQDIWHURQHFOHDQF\FOH
UHSHDWWKHF\FOH
„<RXFDQQRWVHWWKHRYHQIRUFRRNLQJXQWLOWKH
RYHQLVFRROHQRXJKIRUWKHGRRUWRXQORFN
„ :KLOHWKHRYHQLVVHOIFOHDQLQJ\RXFDQ
SUHVVWKH&/2&.SDGWRGLVSOD\WKHWLPHRI
GD\7RUHWXUQWRWKHFOHDQFRXQWGRZQSUHVV
WKH&22.,1*7,0(SDG
„,IWKHUDFNVEHFRPHKDUGWRVOLGHDSSO\D
VPDOODPRXQWRIYHJHWDEOHRLORUFRRNLQJRLO
WRDSDSHUWRZHODQGZLSHWKHHGJHVRIWKH
RYHQUDFNVZLWKWKHSDSHUWRZHO
&DUHDQGFOHDQLQJRIWKHUDQJH
*($SSOLDQFHVFRP
%HVXUHHOHFWULFDOSRZHULVRIIDQGDOOVXUIDFHVDUHFRROEHIRUHFOHDQLQJDQ\SDUWRIWKHUDQJH
,I\RXUUDQJHLVUHPRYHGIRUFOHDQLQJVHUYLFLQJRUDQ\
UHDVRQEHVXUHWKHDQWLWLSGHYLFHLVUHHQJDJHGSURSHUO\
ZKHQWKHUDQJHLVUHSODFHG)DLOXUHWRWDNHWKLVSUHFDXWLRQFRXOGUHVXOWLQWLSSLQJRI
WKHUDQJHDQGFDXVHLQMXU\
WARNING
+RZWR5HPRYH3URWHFWLYH6KLSSLQJ)LOPDQG3DFNDJLQJ7DSH
&DUHIXOO\JUDVSDFRUQHURIWKHSURWHFWLYH
VKLSSLQJILOPZLWK\RXUILQJHUVDQGVORZO\SHHO
LWIURPWKHDSSOLDQFHVXUIDFH'RQRWXVHDQ\
VKDUSLWHPVWRUHPRYHWKHILOP5HPRYHDOORI
WKHILOPEHIRUHXVLQJWKHDSSOLDQFHIRUWKHILUVW
WLPH
7RDVVXUHQRGDPDJHLVGRQHWRWKHILQLVK
RIWKHSURGXFWWKHVDIHVWZD\WRUHPRYH
WKHDGKHVLYHIURPSDFNDJLQJWDSHRQQHZ
DSSOLDQFHVLVDQDSSOLFDWLRQRIDKRXVHKROG
OLTXLGGLVKZDVKLQJGHWHUJHQW$SSO\ZLWKDVRIW
FORWKDQGDOORZWRVRDN
127(7KHDGKHVLYHPXVWEHUHPRYHGIURPDOO
SDUWV,WFDQQRWEHUHPRYHGLILWLVEDNHGRQ
&RQWURO3DQHO
,W·VDJRRGLGHDWRZLSHWKHFRQWUROSDQHODIWHU
HDFKXVH&OHDQZLWKPLOGVRDSDQGZDWHURU
YLQHJDUDQGZDWHUULQVHZLWKFOHDQZDWHUDQG
SROLVKGU\ZLWKDVRIWFORWK
&OHDUJURRYH
LQVWHP
0ROGHG
ULE
'RQRWXVHDEUDVLYHFOHDQVHUVVWURQJOLTXLG
FOHDQVHUVSODVWLFVFRXULQJSDGVRURYHQ
FOHDQVHUVRQWKHFRQWUROSDQHO³WKH\ZLOO
GDPDJHWKHILQLVK$VROXWLRQRIYLQHJDU
DQGKRWZDWHUZRUNVZHOO
&RQWURO.QREV
7KHFRQWURONQREVPD\EHUHPRYHGIRUHDVLHU
FOHDQLQJ
0DNHVXUHWKHNQREVDUHLQWKH2))SRVLWLRQV
DQGSXOOWKHPVWUDLJKWRIIWKHVWHPVIRU
FOHDQLQJ
7KHNQREVFDQEHFOHDQHGLQDGLVKZDVKHURU
WKH\PD\DOVREHZDVKHGZLWKVRDSDQGZDWHU
0DNHVXUHWKHLQVLGHVRIWKHNQREVDUHGU\
EHIRUHUHSODFLQJ
5HSODFHWKHNQREVLQWKH2)) SRVLWLRQWR
HQVXUHSURSHUSODFHPHQW
2YHQ9HQW
7KHRYHQLVYHQWHGWKURXJKDQRSHQLQJXQGHU
WKHULJKWUHDUVXUIDFHXQLW
1HYHUFRYHUWKHRSHQLQJZLWKDOXPLQXPIRLORU
DQ\RWKHUPDWHULDO
3RUFHODLQ(QDPHO&RRNWRS
7KHSRUFHODLQHQDPHOILQLVKLVVWXUG\EXW
EUHDNDEOHLIPLVXVHG7KLVILQLVKLVDFLG
UHVLVWDQW+RZHYHUDQ\DFLGLFIRRGVVSLOOHG
VXFKDVIUXLWMXLFHVWRPDWRRUYLQHJDUVKRXOG
QRWEHSHUPLWWHGWRUHPDLQRQWKHILQLVK
,IDFLGVVSLOORQWKHFRRNWRSZKLOHLWLVKRWXVH
DGU\SDSHUWRZHORUFORWKWRZLSHLWXSULJKW
DZD\:KHQWKHVXUIDFHKDVFRROHGZDVKZLWK
VRDSDQGZDWHU5LQVHZHOO
)RURWKHUVSLOOVVXFKDVIDWVSDWWHULQJVZDVK
ZLWKVRDSDQGZDWHURUFOHDQVLQJSRZGHUV
DIWHUWKHVXUIDFHKDVFRROHG5LQVHZHOO3ROLVK
ZLWKDGU\FORWK
&DUHDQGFOHDQLQJRIWKHUDQJH
2YHQ5DFNV
$OORYHQUDFNVPD\EHFOHDQHGE\KDQGZLWKDQ
DEUDVLYHFOHDQHURUVWHHOZRRO$IWHUFOHDQLQJ
ULQVHWKHUDFNVZLWKFOHDQZDWHUDQGGU\ZLWK
DFOHDQFORWK*UD\SRUFHODLQFRDWHGRYHQ
UDFNVPD\UHPDLQLQWKHRYHQGXULQJWKHVHOI
FOHDQLQJF\FOHZLWKRXWEHLQJGDPDJHG7KH
VKLQ\VLOYHUFRORUHGRYHQUDFNVPD\UHPDLQ
LQWKHRYHQGXULQJWKHVHOIFOHDQLQJF\FOHEXW
WKH\ZLOOORVHWKHLUOXVWHUDQGEHFRPHKDUGWR
VOLGH
,WZLOOEHQHFHVVDU\WRJUHDVHDOORYHQUDFNVLGH
HGJHVZLWKDOLJKWFRDWLQJRIYHJHWDEOHRLODIWHU
FOHDQLQJWKHPE\KDQGRULQWKHRYHQ7KLVZLOO
KHOSPDLQWDLQWKHHDVHRIVOLGLQJWKHUDFNVLQ
DQGRXWRIWKHRYHQ
/LIW2II2YHQ'RRU
7KHRYHQGRRULVUHPRYDEOHIRUHDVLHUDFFHVVWR 7RFOHDQWKHRXWVLGHRIWKHGRRU
WKHOLJKWEXOE
„ 8VHVRDSDQGZDWHUWRWKRURXJKO\FOHDQWKH
'RQRWOLIWWKHGRRUE\WKHKDQGOH
WRSVLGHVDQGIURQWRIWKHRYHQGRRU5LQVH
ZHOO<RXPD\DOVRXVHDJODVVFOHDQHUWR
7RUHPRYHWKHGRRURSHQLWWRWKHEURLOVWRS
FOHDQWKHJODVVRQWKHRXWVLGHRIWKHGRRU
SRVLWLRQ*UDVSILUPO\RQHDFKVLGHDQGOLIWWKH
'RQRWOHWZDWHUGULSLQWRWKHYHQWRSHQLQJV
GRRUVWUDLJKWXSDQGRIIWKHKLQJHV
/LIWWKHGRRUVWUDLJKWXSDQGRIIWKH
KLQJHV
DSSHDUDQFHPD\YDU\
7KHJDVNHWLVGHVLJQHGZLWKDJDS
DWWKHERWWRPWRDOORZIRUSURSHUDLU
FLUFXODWLRQ
'RQRWUXERUFOHDQWKHGRRU
JDVNHW³LWKDVDQH[WUHPHO\ORZ
UHVLVWDQFHWRDEUDVLRQ
,I\RXQRWLFHWKHJDVNHWEHFRPLQJ
ZRUQIUD\HGRUGDPDJHGLQDQ\
ZD\RULILWKDVEHFRPHGLVSODFHG
RQWKHGRRU\RXVKRXOGKDYHLW
UHSODFHG
„ 6SLOODJHRIPDULQDGHVIUXLWMXLFHVWRPDWR
VDXFHVDQGEDVWLQJPDWHULDOVFRQWDLQLQJ
DFLGVPD\FDXVHGLVFRORUDWLRQDQGVKRXOGEH
7RUHSODFHWKHGRRUPDNHVXUHWKHKLQJHVDUH
ZLSHGXSLPPHGLDWHO\:KHQVXUIDFHLVFRRO
LQWKHEURLOVWRSSRVLWLRQ3RVLWLRQWKHVORWVLQWKH
FOHDQDQGULQVH
ERWWRPRIWKHGRRUVTXDUHO\RYHUWKHKLQJHV
„ 'RQRWXVHRYHQFOHDQHUVFOHDQLQJSRZGHUV
DQGVORZO\ORZHULWRYHUERWKKLQJHV
RUKDUVKDEUDVLYHVRQWKHRXWVLGHRIWKH
7RFOHDQWKHLQVLGHRIWKHGRRU
GRRU
„ %HFDXVHWKHDUHDLQVLGHWKHJDVNHWLV
FOHDQHGGXULQJWKHVHOIFOHDQF\FOH\RXGR
QRWQHHGWRFOHDQWKLVE\KDQG
'RQRWSODFHKDQGVEHWZHHQWKHKLQJHDQGWKH
RYHQGRRUIUDPH
„ 7KHDUHDRXWVLGHWKHJDVNHWDQGWKHIURQW
IUDPHFDQEHFOHDQHGZLWKDVRDSILOOHGVWHHO
ZRRORUSODVWLFSDGKRWZDWHUDQGGHWHUJHQW
5LQVHZHOOZLWKDYLQHJDUDQGZDWHUVROXWLRQ
*($SSOLDQFHVFRP
2YHQ+HDWLQJ(OHPHQWV
'RQRWFOHDQWKHEDNHHOHPHQWRUWKHEURLO
HOHPHQW$Q\VRLOZLOOEXUQRIIZKHQWKH
HOHPHQWVDUHKHDWHG
7RFOHDQWKHRYHQIORRUJHQWO\OLIWWKHEDNH
HOHPHQW&OHDQZLWKZDUPVRDS\ZDWHU
3DLQWHG6XUIDFHV
3DLQWHGVXUIDFHVLQFOXGHWKHVLGHVDQGWKH
GUDZHUIURQW
&OHDQWKHVHZLWKVRDSDQGZDWHURUDYLQHJDU
DQGZDWHUVROXWLRQ
'RQRWXVHFRPPHUFLDORYHQFOHDQHUVFOHDQLQJ
SRZGHUVVWHHOZRRORUKDUVKDEUDVLYHVRQDQ\
SDLQWHGVXUIDFH
2YHQ/LJKW5HSODFHPHQW
&$87,21%HIRUHUHSODFLQJ\RXURYHQOLJKW
EXOEGLVFRQQHFWWKHHOHFWULFDOSRZHUWRWKH
UDQJHDWWKHPDLQIXVHRUFLUFXLWEUHDNHU
SDQHO
%HVXUHWROHWWKHOLJKWFRYHUDQGEXOEFRRO
FRPSOHWHO\
7RUHSODFHWKHFRYHU
3ODFHLWLQWRJURRYHRIWKHOLJKWUHFHSWDFOH
3XOOZLUHIRUZDUGWRWKHFHQWHURIWKHFRYHU
XQWLOLWVQDSVLQWRSODFH
&RQQHFWHOHFWULFDOSRZHUWRWKHUDQJH
7RUHPRYHWKHFRYHU
:LUHFRYHUKROGHU
+ROGDKDQGXQGHUWKHFRYHUVRLWGRHVQ·W
IDOOZKHQUHOHDVHG:LWKILQJHUVRIWKH
VDPHKDQGILUPO\SXVKEDFNWKHZLUH
FRYHUKROGHU/LIWRIIWKHFRYHU
'RQRWUHPRYHDQ\VFUHZVWRUHPRYH
WKHFRYHU
5HSODFHEXOEZLWKDZDWWDSSOLDQFH
EXOE
&DUHDQGFOHDQLQJRIWKHUDQJH
%HVXUHWKHFRQWUROVDUHWXUQHGWR2))DQGWKHVXUIDFHXQLWVDUHFRROEHIRUHDWWHPSWLQJWRUHPRYHWKHP
6XUIDFH8QLWV
6XUIDFHXQLW
7RFOHDQWKHVXUIDFHXQLWVWXUQWKHFRQWUROWR
WKHKLJKHVWVHWWLQJIRUDPLQXWH7KHFRLOVZLOO
EXUQRIIDQ\VRLO
5HFHSWDFOH
'ULSSDQ
7RUHPRYHDVXUIDFHXQLW
7RUHPRYHWKHGULSSDQVIRUFOHDQLQJWKH
VXUIDFHXQLWVPXVWEHUHPRYHGILUVW
/LIWWKHVXUIDFHXQLWDERXWµDERYHWKHGULS
SDQDQGSXOOLWRXW
'RQRWOLIWWKHVXUIDFHXQLWPRUHWKDQµ,I\RX
GRLWPD\QRWOLHIODWRQWKHGULSSDQZKHQ\RX
SOXJLWEDFNLQ
5HSHDWHGOLIWLQJRIWKHVXUIDFHXQLWPRUH
WKDQsDERYHWKHGULSSDQFDQSHUPDQHQWO\
GDPDJHWKHUHFHSWDFOH
7RUHSODFHDVXUIDFHXQLW
5HSODFHWKHGULSSDQLQWRWKHUHFHVVLQWKH
FRRNWRS0DNHVXUHWKHRSHQLQJLQWKHSDQ
OLQHVXSZLWKWKHUHFHSWDFOH
,QVHUWWKHWHUPLQDOVRIWKHVXUIDFHXQLWWKURXJK
WKHRSHQLQJLQWKHGULSSDQDQGLQWRWKH
UHFHSWDFOH
*XLGHWKHVXUIDFHXQLWLQWRSODFHVRLWUHVWV
HYHQO\
'RQRWLPPHUVHWKHVXUIDFHXQLWVLQOLTXLGVRI
DQ\NLQG
'RQRWFOHDQWKHVXUIDFHXQLWVLQDGLVKZDVKHU
'RQRWEHQGWKHVXUIDFHXQLWSOXJWHUPLQDOV
'RQRWDWWHPSWWRFOHDQDGMXVWRULQDQ\ZD\
UHSDLUWKHSOXJLQUHFHSWDFOH
'ULS3DQV
5HPRYHWKHVXUIDFHXQLWV7KHQOLIWRXWWKHGULS
SDQV
7KHGULSSDQVPD\DOVREHFOHDQHGLQD
GLVKZDVKHU
)RUEHVWUHVXOWVFOHDQWKHGULSSDQVE\KDQG
3ODFHWKHPLQDFRYHUHGFRQWDLQHURUDSODVWLF
EDJZLWKFXSDPPRQLDWRORRVHQWKHVRLO
7KHQVFUXEZLWKDVRDSILOOHGVFRXULQJSDGLI
QHFHVVDU\5LQVHZLWKFOHDQZDWHUDQGSROLVK
ZLWKDFOHDQVRIWFORWK
&OHDQWKHDUHDXQGHUWKHGULSSDQVRIWHQ%XLOW
XSVRLOHVSHFLDOO\JUHDVHPD\FDWFKILUH
'RQRWFRYHUWKHGULSSDQVZLWKIRLO8VLQJIRLOVR
FORVHWRWKHUHFHSWDFOHFRXOGFDXVHVKRFNILUHRU
GDPDJHWRWKHUDQJH
/LIW8S&RRNWRS
&OHDQWKHDUHDXQGHUWKHFRRNWRSRIWHQ%XLOWXS
VRLOHVSHFLDOO\JUHDVHPD\FDWFKILUH
7RPDNHFOHDQLQJHDVLHUWKHHQWLUHFRRNWRS
PD\EHOLIWHGXSDQGVXSSRUWHGLQWKHXS
SRVLWLRQ
6XSSRUWURG
%HVXUHDOOVXUIDFHXQLWVDUHWXUQHG
RIIEHIRUHUDLVLQJWKHFRRNWRS
%HVXUHDOOWKHVXUIDFHXQLWVDUHWXUQHGRII
EHIRUHUDLVLQJWKHFRRNWRS7KHVXUIDFHXQLWV
DQGGULSSDQVGRQRWQHHGWREHUHPRYHG
KRZHYHU\RXPD\UHPRYHRQHWRPDNHUDLVLQJ
WKHFRRNWRSHDVLHU$VXSSRUWURGZLOOKROGWKH
FRRNWRSXSZKLOH\RXFOHDQXQGHUQHDWKLW
$IWHUFOHDQLQJXQGHUWKHFRRNWRSZLWKKRW
VRDS\ZDWHUDQGDFOHDQFORWKORZHUWKH
FRRNWRS%HFDUHIXOQRWWRSLQFK\RXUILQJHUV
%HIRUH<RX&DOO)RU6HUYLFH«
*($SSOLDQFHVFRP
7URXEOHVKRRWLQJ7LSV
6DYHWLPHDQGPRQH\5HYLHZWKHFKDUWVRQWKHIROORZLQJ
SDJHVILUVWDQG\RXPD\QRWQHHGWRFDOOIRUVHUYLFH
3UREOHP
3RVVLEOH&DXVHV
:KDW7R'R
6XUIDFHXQLWVQRW
IXQFWLRQLQJSURSHUO\
7KHVXUIDFHXQLWVDUH
QRWSOXJJHGLQVROLGO\
‡:LWKWKHFRQWUROVRIIFKHFNWRPDNHVXUHWKHVXUIDFH
XQLWLVSOXJJHGFRPSOHWHO\LQWRWKHUHFHSWDFOH
7KHVXUIDFHXQLW
FRQWUROVLPSURSHUO\VHW
‡&KHFNWRVHHWKHFRUUHFWFRQWUROLVVHWIRUWKHVXUIDFH
XQLW\RXDUHXVLQJ
7KHGULSSDQVDUH
QRWVHWVHFXUHO\LQ
WKHFRRNWRS
‡:LWKWKHFRQWUROVRIIFKHFNWRPDNHVXUHWKHGULS
SDQLVLQWKHUHFHVVLQWKHFRRNWRSDQGWKDWWKH
RSHQLQJLQWKHSDQOLQHVXSZLWKWKHUHFHSWDFOH
&RRNWRSIHHOVKRW
FORVHWRWKHFRRNWRS
/DUJHSDQVKROGKHDW
‡&KRRVHDSDQWKDWPDWFKHVWKHVL]HRIWKHVXUIDFH
XQLW\RXDUHXVLQJ
7KHRYHQYHQW
LVEORFNHG
‡3DQVRQWKHULJKWUHDUVXUIDFHXQLWEORFNDLUIORZ
IURPWKHRYHQYHQWDQGFDXVHWKHFRRNWRSWRJHWKRW
)RRGGRHVQRWEDNH
RUURDVWSURSHUO\
2YHQFRQWUROV
LPSURSHUO\VHW
‡6HHWKH8VLQJWKHRYHQ VHFWLRQ
5DFNSRVLWLRQLVLQFRUUHFW
RUWKHUDFNLVQRWOHYHO
‡6HHWKH8VLQJWKHRYHQ VHFWLRQ
,QFRUUHFWFRRNZDUH
RUFRRNZDUHRILPSURSHU
VL]HEHLQJXVHG
‡6HHWKH8VLQJWKHRYHQ VHFWLRQ
2YHQWKHUPRVWDWQHHGV
DGMXVWPHQW
‡6HHWKH$GMXVWWKHRYHQWKHUPRVWDW³'RLW\RXUVHOI
VHFWLRQ
)RRGGRHVQRW
EURLOSURSHUO\
'RRUQRWRSHQWRWKH
EURLOVWRSSRVLWLRQ
DVUHFRPPHQGHG
‡6HHWKH8VLQJWKHRYHQ VHFWLRQ
2YHQFRQWUROV
LPSURSHUO\VHW
‡0DNHVXUH\RXSUHVVWKH%52,/+,/2SDG
,PSURSHUUDFNSRVLWLRQ
EHLQJXVHG
‡6HHWKH%URLOLQJ*XLGH
)RRGEHLQJFRRNHG
LQDKRWSDQ
‡)RUEHVWUHVXOWVXVHDSDQGHVLJQHGIRUEURLOLQJ
0DNHVXUHLWLVFRRO
&RRNZDUHQRWVXLWHG
IRUEURLOLQJ
‡)RUEHVWUHVXOWVXVHDSDQGHVLJQHGIRUEURLOLQJ
,QVRPHDUHDVWKHSRZHU
YROWDJHPD\EHORZ
‡3UHKHDWWKHEURLOHOHPHQWIRUPLQXWHV
‡%URLOIRUWKHORQJHVWSHULRGRIWLPHUHFRPPHQGHGLQ
WKH%URLOLQJ*XLGH
%HIRUH<RX&DOO)RU6HUYLFH«
7URXEOHVKRRWLQJ7LSV
3UREOHP
3RVVLEOH&DXVHV
:KDW7R'R
&RQWUROVLJQDOVDIWHU
HQWHULQJFRRNLQJWLPH
RUGHOD\VWDUW
<RXIRUJRWWRHQWHU
DEDNHWHPSHUDWXUH
RUFOHDQLQJWLPH
‡3UHVVWKH%$.(SDGDQGGHVLUHGWHPSHUDWXUHRUWKH
6(/)&/($1SDGDQGGHVLUHGFOHDQWLPH
&ORFNDQGWLPHU
GRQRWZRUN
$IXVHLQ\RXUKRPHPD\EH
EORZQRUWKHFLUFXLWEUHDNHU
WULSSHG
‡5HSODFHWKHIXVHRUUHVHWWKHFLUFXLWEUHDNHU
2YHQFRQWUROV
LPSURSHUO\VHW
‡6HHWKH8VLQJWKHFORFNDQGWLPHU VHFWLRQ
2YHQOLJKWGRHV
QRWZRUN
/LJKWEXOELVORRVHRUGHIHFWLYH ‡7LJKWHQRUUHSODFHWKHEXOE
6ZLWFKRSHUDWLQJOLJKW
LVEURNHQ
‡&DOOIRUVHUYLFH
2YHQWHPSHUDWXUH
WRRKRWRUWRRFROG
2YHQWKHUPRVWDW
QHHGVDGMXVWPHQW
‡6HHWKH$GMXVWWKHRYHQWKHUPRVWDW³'RLW\RXUVHOI
VHFWLRQ
2YHQZLOOQRWZRUN
$IXVHLQ\RXUKRPHPD\EH
EORZQRUWKHFLUFXLW
EUHDNHUWULSSHG
‡5HSODFHWKHIXVHRUUHVHWWKHFLUFXLWEUHDNHU
2YHQFRQWUROV
LPSURSHUO\VHW
‡6HHWKH8VLQJWKHRYHQ VHFWLRQ
2YHQZLOOQRWVHOIFOHDQ 7KHRYHQWHPSHUDWXUH
LVWRRKLJKWRVHWDVHOI
FOHDQRSHUDWLRQ
‡$OORZWKHRYHQWRFRROWRURRPWHPSHUDWXUHDQGUHVHW
WKHFRQWUROV
2YHQFRQWUROVLPSURSHUO\VHW ‡6HHWKH8VLQJWKHVHOIFOHDQLQJRYHQ VHFWLRQ
´&UDFNOLQJµRU
´SRSSLQJµVRXQG
7KLVLVWKHVRXQGRIWKH
‡7KLVLVQRUPDO
PHWDOKHDWLQJDQGFRROLQJ
GXULQJERWKWKHFRRNLQJDQG
FOHDQLQJIXQFWLRQV
([FHVVLYHVPRNLQJ
([FHVVLYHVRLO
‡3UHVVWKH&/($52))SDG2SHQWKHZLQGRZVWR
ULGWKHURRPRIVPRNH:DLWXQWLOWKH/2&.(''225
OLJKWJRHVRII:LSHXSWKHH[FHVVVRLODQGUHVHWWKH
FOHDQF\FOH
2YHQGRRUZLOOQRW
RSHQDIWHUD
FOHDQF\FOH
2YHQWRRKRW
‡$OORZWKHRYHQWRFRROEHORZORFNLQJWHPSHUDWXUH
2YHQQRWFOHDQ
DIWHUDFOHDQF\FOH
2YHQFRQWUROVQRW
SURSHUO\VHW
‡6HHWKH8VLQJWKHVHOIFOHDQLQJRYHQVHFWLRQ
2YHQZDVKHDYLO\VRLOHG
‡&OHDQXSKHDY\VSLOORYHUVEHIRUHVWDUWLQJWKHFOHDQ
F\FOH+HDYLO\VRLOHGRYHQVPD\QHHGWRVHOIFOHDQ
DJDLQRUIRUDORQJHUSHULRGRIWLPH
*($SSOLDQFHVFRP
3UREOHP
3RVVLEOH&DXVHV
:KDW7R'R
´/2&.'225µIODVKHV
LQWKHGLVSOD\
7KHVHOIFOHDQF\FOHKDVEHHQ ‡&ORVHWKHRYHQGRRU
VHOHFWHGEXWWKHGRRULVQRW FORVHG
/2&.(''225OLJKW
LVRQZKHQ\RXZDQW
WRFRRN
7KHRYHQGRRULVORFNHG
EHFDXVHWKHWHPSHUDWXUH
LQVLGHWKHRYHQKDVQRW
GURSSHGEHORZWKH
ORFNLQJWHPSHUDWXUH
‡3UHVVWKH&/($52))SDG$OORZWKHRYHQWRFRRO
´)³DQGDQXPEHU
RUOHWWHUµIODVKLQ
WKHGLVSOD\
<RXKDYHDIXQFWLRQ
HUURUFRGH
‡3UHVVWKH&/($52))SDG$OORZWKHRYHQWRFRROIRURQH
KRXU3XWWKHRYHQEDFNLQWRRSHUDWLRQ
,IWKHIXQFWLRQFRGHUHSHDWV ‡'LVFRQQHFWDOOSRZHUWRWKHUDQJHIRUDWOHDVW
VHFRQGVDQGWKHQUHFRQQHFWSRZHU,IWKHIXQFWLRQ
HUURUFRGHUHSHDWVFDOOIRUVHUYLFH
'LVSOD\JRHVEODQN
$IXVHLQ\RXUKRPHPD\EH
EORZQRUWKHFLUFXLW
EUHDNHUWULSSHG
‡5HSODFHWKHIXVHRUUHVHWWKHFLUFXLWEUHDNHU
7KHFORFNLVLQWKH
EODFNRXWPRGH
‡6HHWKH6SHFLDOIHDWXUHVRI\RXURYHQFRQWURO VHFWLRQ
'LVSOD\IODVKHV
3RZHUIDLOXUH
‡5HVHWWKHFORFN
8QDEOHWRJHWWKH
GLVSOD\WRVKRZ´6)µ
2YHQFRQWUROSDGVZHUH
QRWSUHVVHGSURSHUO\
‡7KH%$.(DQG%52,/+,/2SDGVPXVWEHSUHVVHG
DWWKHVDPHWLPHDQGKHOGIRUVHFRQGV
3RZHURXWDJH
FORFNIODVKHV
3RZHURXWDJHRUVXUJH
‡5HVHWWKHFORFN,IWKHRYHQZDVLQXVH\RXPXVWUHVHW
LWE\SUHVVLQJWKH&/($52))SDGVHWWLQJWKHFORFN
DQGUHVHWWLQJDQ\FRRNLQJIXQFWLRQ
´%XUQLQJµRU´RLO\µ
RGRUHPLWWLQJIURP
WKHYHQW
7KLVLVQRUPDOLQDQHZRYHQ ‡7RVSHHGWKHSURFHVVVHWDVHOIFOHDQF\FOHIRUD
DQGZLOOGLVDSSHDULQWLPH PLQLPXPRIKRXUV6HHWKH8VLQJWKHVHOIFOHDQLQJ
RYHQ VHFWLRQ
6WURQJRGRU
$QRGRUIURPWKHLQVXODWLRQ ‡7KLVLVWHPSRUDU\
DURXQGWKHLQVLGHRIWKH
RYHQLVQRUPDOIRUWKHILUVW
IHZWLPHVWKHRYHQLVXVHG
)DQQRLVH
$FRROLQJIDQPD\
‡7KLVLVQRUPDO7KHFRROLQJIDQZLOOWXUQRIIDQGRQ
$FFHVVRULHV
/RRNLQJ)RU6RPHWKLQJ0RUH"1RWDOODFFHVVRULHVDUHDYDLODEOHIRUDOOPRGHOV
<RXFDQILQGWKHVHDFFHVVRULHVDQGPDQ\PRUHDW*($SSOLDQFHVFRP86RUZZZ*($SSOLDQFHVFD
&DQDGDRUFDOO86RU&DQDGDGXULQJQRUPDOEXVLQHVVKRXUV+DYH
\RXUPRGHOQXPEHUUHDG\
*UDWHV
6XUIDFH%XUQHU+HDGVDQG&DSV
.QREV
6XUIDFH(OHPHQWVDQG'ULS3DQV
RU
2YHQ5DFNV
2YHQ(OHPHQWV
/LJKW%XOEV
([SHULHQFHWKHVHRWKHUJUHDWSURGXFWVWRNHHS\RXUNLWFKHQORRNLQJJUHDW
&HUDPLF&RRNWRS
&OHDQLQJ.LW
,QFOXGHVFOHDQHU
VFUDSHUDQGSDG
&HUDPLF&RRNWRS
&OHDQLQJ:LSHV
6WDLQOHVV6WHHO
$SSOLDQFH3ROLVK
:LSHV
6WDLQOHVV6WHHO
$SSOLDQFH
&OHDQHU
:;;*&6
:;;
:;;
30;
*HWWKHPRVWRXWRI\RXU%URLOHU3DQ1RWIRUXVHZLWK%URLOHU'UDZHUPRGHOV
8VH\RXUSDQDQGJULGFRYHUWREURLOKDPEXUJHUVVHDIRRGVWHDNVYHJHWDEOHV
EDFRQFKRSVDQGVRPXFKPRUH7KHSDQEHORZFDWFKHVWKHH[FHVVIDWVDQGRLOV
‡*HQXLQH*(3DUW
‡(DV\7R&OHDQ
‡2QH<HDU:DUUDQW\
/LPLWHG7LPH2IIHU)UHH6KLSSLQJ
:KHQ\RXRUGHU\RXUEURLOHUSDQZLWKLQGD\VRISXUFKDVLQJ\RXU*(FRRNLQJSURGXFW
3DUW
'LPHQVLRQV
6PDOO
:%;
µ:[µ+[µ'
/DUJH
:%;
µ:[µ+[µ'
;/
:%;
µ:[µ+[µ'
7KHODUJHVWDQGDUGEURLOSDQGRHVQRWILWLQµµUDQJHV
7KH;/SDQGRHVQRWILWLQµZDOORYHQVµGURSLQVRUµµUDQJHV
7RSODFH\RXURUGHUFDOO86&DQDGDRUPDLOWKLVIRUPWR
,QWKH86*(3DUWV32%R[0HPSKLV71,Q&DQDGD*(3DUWV)DFWRU\/DQH0RQFWRQ1%(&0
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
4XDQWLW\BBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBB %URLOHU3DQ2UGHU)RUP
3DUW1XPEHU BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
0RGHO1XPEHUBBBBBBBBBBBBBB 6HULDO1XPEHU BBBBBBBBBBBBBBBBBB %UDQG BBBBBBBBBBBBBBB 'DWHRI3XUFKDVHBBBBBBBBBB
)LUVW1DPHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB /DVW1DPHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
$GGUHVVBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
&LW\BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 6WDWHBBBBBBBBBBB =LS&RGHBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
3KRQHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB (0DLOBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
&KHFN BBBBBB
0RQH\2UGHUBBBBBB
&DOOLQWKH86RULQ&DQDGDIRUFXUUHQWSULFLQJ$OOFUHGLWFDUGRUGHUVPXVWEHFDOOHGLQ
*((OHFWULF5DQJH:DUUDQW\
$OOZDUUDQW\VHUYLFHSURYLGHGE\RXU)DFWRU\6HUYLFH&HQWHUV
RUDQDXWKRUL]HG&XVWRPHU&DUHŠWHFKQLFLDQ7RVFKHGXOH
VHUYLFHYLVLWXVRQOLQHDW*($SSOLDQFHVFRPRUFDOO
*(&$5(63OHDVHKDYHVHULDOQXPEHUDQG
PRGHOQXPEHUDYDLODEOHZKHQFDOOLQJIRUVHUYLFH
6WDSOH\RXUUHFHLSWKHUH
3URRIRIWKHRULJLQDOSXUFKDVH
GDWHLVQHHGHGWRREWDLQVHUYLFH
XQGHUWKHZDUUDQW\
)RU7KH3HULRG2I *(:LOO3URYLGH
2QH<HDU
)URPWKHGDWHRIWKH
RULJLQDOSXUFKDVH
$Q\SDUWRIWKHUDQJHZKLFKIDLOVGXHWRDGHIHFWLQPDWHULDOVRUZRUNPDQVKLS
'XULQJWKLVOLPLWHGRQH\HDUZDUUDQW\*(ZLOODOVRSURYLGHIUHHRIFKDUJHDOOODERU
DQGLQKRPHVHUYLFHWRUHSODFHWKHGHIHFWLYHSDUW
:KDW*(:LOO1RW&RYHU
„6HUYLFHWULSVWR\RXUKRPHWRWHDFK\RXKRZWRXVH
WKHSURGXFW
„'DPDJHWRWKHSURGXFWFDXVHGE\DFFLGHQWILUHIORRGVRU
DFWVRI*RG
„,PSURSHULQVWDOODWLRQGHOLYHU\RUPDLQWHQDQFH
„,QFLGHQWDORUFRQVHTXHQWLDOGDPDJHFDXVHGE\SRVVLEOH
GHIHFWVZLWKWKLVDSSOLDQFH
„3URGXFWGDPDJHRUIDLOXUHRIWKHSURGXFWLILWLVDEXVHG
PLVXVHGPRGLILHGXVHGIRURWKHUWKDQWKHLQWHQGHG
SXUSRVHRUXVHGFRPPHUFLDOO\
„'DPDJHFDXVHGDIWHUGHOLYHU\
„3URGXFWQRWDFFHVVLEOHWRSURYLGHUHTXLUHGVHUYLFH
„5HSODFHPHQWRIKRXVHIXVHVRUUHVHWWLQJRIFLUFXLWEUHDNHUV
(;&/86,212),03/,(':$55$17,(6³<RXUVROHDQGH[FOXVLYHUHPHG\LVSURGXFWUHSDLUDVSURYLGHGLQWKLV/LPLWHG
:DUUDQW\$Q\LPSOLHGZDUUDQWLHVLQFOXGLQJWKHLPSOLHGZDUUDQWLHVRIPHUFKDQWDELOLW\RUILWQHVVIRUDSDUWLFXODUSXUSRVH
DUHOLPLWHGWRRQH\HDURUWKHVKRUWHVWSHULRGDOORZHGE\ODZ
7KLVZDUUDQW\LVH[WHQGHGWRWKHRULJLQDOSXUFKDVHUDQGDQ\VXFFHHGLQJRZQHUIRUSURGXFWVSXUFKDVHGIRUKRPH
XVHZLWKLQWKH86$,IWKHSURGXFWLVORFDWHGLQDQDUHDZKHUHVHUYLFHE\D*($XWKRUL]HG6HUYLFHULVQRWDYDLODEOH\RX
PD\EHUHVSRQVLEOHIRUDWULSFKDUJHRU\RXPD\EHUHTXLUHGWREULQJWKHSURGXFWWRDQ$XWKRUL]HG
*(6HUYLFHORFDWLRQIRUVHUYLFH,Q$ODVNDWKHZDUUDQW\H[FOXGHVWKHFRVWRIVKLSSLQJRUVHUYLFHFDOOVWR\RXUKRPH
6RPHVWDWHVGRQRWDOORZWKHH[FOXVLRQRUOLPLWDWLRQRILQFLGHQWDORUFRQVHTXHQWLDOGDPDJHV7KLVZDUUDQW\JLYHV
\RXVSHFLILFOHJDOULJKWVDQG\RXPD\DOVRKDYHRWKHUULJKWVZKLFKYDU\IURPVWDWHWRVWDWH7RNQRZZKDW\RXU
OHJDOULJKWVDUHFRQVXOW\RXUORFDORUVWDWHFRQVXPHUDIIDLUVRIILFHRU\RXUVWDWH·V$WWRUQH\*HQHUDO
:DUUDQWRU*HQHUDO(OHFWULF&RPSDQ\/RXLVYLOOH.<
&RQVXPHU6XSSRUW
*($SSOLDQFHV:HEVLWH
*($SSOLDQFHVFRP
+DYHDTXHVWLRQRUQHHGDVVLVWDQFHZLWK\RXUDSSOLDQFH"7U\WKH*($SSOLDQFHV:HEVLWHKRXUVDGD\
DQ\GD\RIWKH\HDU)RUJUHDWHUFRQYHQLHQFHDQGIDVWHUVHUYLFH\RXFDQQRZGRZQORDG2ZQHU·V0DQXDOV
RUGHUSDUWVRUHYHQVFKHGXOHVHUYLFHRQOLQH
6FKHGXOH6HUYLFH
*($SSOLDQFHVFRP
([SHUW*(UHSDLUVHUYLFHLVRQO\RQHVWHSDZD\IURP\RXUGRRU*HWRQOLQHDQGVFKHGXOH\RXUVHUYLFHDW
\RXUFRQYHQLHQFHDQ\GD\RIWKH\HDU2UFDOO*(&$5(6GXULQJQRUPDOEXVLQHVVKRXUV
5HDO/LIH'HVLJQ6WXGLR
*($SSOLDQFHVFRP
*(VXSSRUWVWKH8QLYHUVDO'HVLJQFRQFHSW³SURGXFWVVHUYLFHVDQGHQYLURQPHQWVWKDWFDQEHXVHGE\
SHRSOHRIDOODJHVVL]HVDQGFDSDELOLWLHV:HUHFRJQL]HWKHQHHGWRGHVLJQIRUDZLGHUDQJHRISK\VLFDO
DQGPHQWDODELOLWLHVDQGLPSDLUPHQWV)RUGHWDLOVRI*(·V8QLYHUVDO'HVLJQDSSOLFDWLRQVLQFOXGLQJNLWFKHQGHVLJQ
LGHDVIRUSHRSOHZLWKGLVDELOLWLHVFKHFNRXWRXU:HEVLWHWRGD\)RUWKHKHDULQJLPSDLUHGSOHDVHFDOO7''
*($&
([WHQGHG:DUUDQWLHV
*($SSOLDQFHVFRP
3XUFKDVHD*(H[WHQGHGZDUUDQW\DQGOHDUQDERXWVSHFLDOGLVFRXQWVWKDWDUHDYDLODEOHZKLOH\RXUZDUUDQW\
LVVWLOOLQHIIHFW<RXFDQSXUFKDVHLWRQOLQHDQ\WLPHRUFDOOGXULQJQRUPDOEXVLQHVVKRXUV
*(&RQVXPHU+RPH6HUYLFHVZLOOVWLOOEHWKHUHDIWHU\RXUZDUUDQW\H[SLUHV
3DUWVDQG$FFHVVRULHV
*($SSOLDQFHVFRP
,QGLYLGXDOVTXDOLILHGWRVHUYLFHWKHLURZQDSSOLDQFHVFDQKDYHSDUWVRUDFFHVVRULHVVHQWGLUHFWO\WRWKHLUKRPHV
9,6$0DVWHU&DUGDQG'LVFRYHUFDUGVDUHDFFHSWHG2UGHURQOLQHWRGD\KRXUVHYHU\GD\
RUE\SKRQHDWGXULQJQRUPDOEXVLQHVVKRXUV
,QVWUXFWLRQVFRQWDLQHGLQWKLVPDQXDOFRYHUSURFHGXUHVWREHSHUIRUPHGE\DQ\XVHU2WKHUVHUYLFLQJJHQHUDOO\
VKRXOGEHUHIHUUHGWRTXDOLILHGVHUYLFHSHUVRQQHO&DXWLRQPXVWEHH[HUFLVHGVLQFHLPSURSHUVHUYLFLQJPD\
FDXVHXQVDIHRSHUDWLRQ
&RQWDFW8V
*($SSOLDQFHVFRP
,I\RXDUHQRWVDWLVILHGZLWKWKHVHUYLFH\RXUHFHLYHIURP*(FRQWDFWXVRQRXU:HEVLWHZLWKDOOWKHGHWDLOV
LQFOXGLQJ\RXUSKRQHQXPEHURUZULWHWR *HQHUDO0DQDJHU&XVWRPHU5HODWLRQV
*($SSOLDQFHV$SSOLDQFH3DUN
/RXLVYLOOH.<
5HJLVWHU<RXU$SSOLDQFH
*($SSOLDQFHVFRP
5HJLVWHU\RXUQHZDSSOLDQFHRQOLQH³DW\RXUFRQYHQLHQFH7LPHO\SURGXFWUHJLVWUDWLRQZLOODOORZIRUHQKDQFHG
FRPPXQLFDWLRQDQGSURPSWVHUYLFHXQGHUWKHWHUPVRI\RXUZDUUDQW\VKRXOGWKHQHHGDULVH
<RXPD\DOVRPDLOLQWKHSUHSULQWHGUHJLVWUDWLRQFDUGLQFOXGHGLQWKHSDFNLQJPDWHULDO
3ULQWHGLQWKH8QLWHG6WDWHV