Download DEFY ACI12H1P User's Manual

Transcript
,1'225 287'225
81,76
81,76
AHI09H1P ACI09H1P
AHI12H1P ACI12H1P
AHI18H1P ACI18H1P
AHI24H1P ACI24H1P
,16758&7,210$18$/
63/,7:$//02817('7<3(
$,5&21',7,21(56
5HFRUGLQWKHVSDFHEHORZWKHOLVWHGLQIRUPDWLRQIRUIXWXUHUHIHUHQFH
6(5,$/180%(5«««««««««««««««««««««««««««««««
'$7(2)385&+$6(«««««««««««««««««««««««««««««
385&+$6(')520««««««««««««««««««««««««««««««
««««««««««««««««««««««««««««««««««««««««
'RQRWDWWHPSWWRLQVWDOORUPDLQWDLQWKH$LU&RQGLWLRQHU\RXUVHOI2QO\DXWKRULVHG
DJHQWVDUHWRFDUU\RXWLQVWDOODWLRQDQGUHSDLUV7KHPDQXIDFWXUHUVKDOOQRWDVVXPH
UHVSRQVLELOLW\IRUDFFLGHQWVRULQMXU\FDXVHGE\LQFRUUHFWLQVWDOODWLRQ7KHLQVWDOODWLRQ
3DJH
LQVWUXFWLRQVDUHSURYLGHGLQDVHSDUDWHERRNOHWHQWLWOHG³,QVWDOODWLRQ,QVWUXFWLRQV´
5HDGWKLVPDQXDOEHIRUHLQLWLDOLQVWDOODWLRQDQGRSHUDWLRQRIWKHDSSOLDQFH
'HDU&XVWRPHU<RXUQHZ'HI\DSSOLDQFHZDVPDQXIDFWXUHGLQDVWDWHRIWKHDUWIDFLOLW\DQG
KDVSDVVHGWKHVWULFWHVWTXDOLW\FRQWUROSURFHGXUHV3OHDVHUHDGWKLVPDQXDOFDUHIXOO\EHIRUH
XVLQJ\RXUDSSOLDQFHIRUWKHILUVWWLPHDQGWKHQVWRUHLWZLWKLQHDV\UHDFKIRUIXWXUHUHIHUHQFH
:HWUXVW\RXZLOOHQMR\\HDUVRIWURXEOHIUHHXVH
7KHXVHUPDQXDO
x 7KLV PDQXDO ZLOO SURYLGH \RX ZLWK LQIRUPDWLRQ RQ KRZ WR VDIHO\ RSHUDWH DQG FDUH IRU \RXU
DSSOLDQFHLQRUGHUWKDW\RXJDLQWKHPD[LPXPEHQHILWIURPLW
x 3D\SDUWLFXODUDWWHQWLRQWRVDIHW\LQVWUXFWLRQV
x 5HDGDOODGGLWLRQDOGRFXPHQWVVXSSOLHGZLWK\RXUDSSOLDQFH
x 7KLV PDQXDO PD\ EH XVHG IRU VHYHUDO VLPLODU EXW GLIIHUHQW PRGHOV 3OHDVH FKHFN IRU
UHOHYDQFHUHJDUGLQJ\RXUSDUWLFXODUPRGHO
([SODQDWLRQRIV\PEROVXVHGLQWKLVPDQXDO
,PSRUWDQW VDIHW\ LQIRUPDWLRQ :DUQLQJ IRU KD]DUGRXV VLWXDWLRQV ZLWK UHJDUG WR OLIH DQG
SURSHUW\
&DXWLRQ:DUQLQJIRUVXSSO\YROWDJH
&DXWLRQ:DUQLQJIRUILUHKD]DUG
8VHIXOLQIRUPDWLRQ,PSRUWDQWLQIRUPDWLRQRUXVHIXOKLQWVDERXWXVDJH
8QSDFNLQJ
5HPRYH DOO SDFNDJLQJ (QVXUH WKDW SDFNLQJ PDWHULDO LV GLVSRVHG RI LQ D UHVSRQVLEOH PDQQHU
DQG WKDW DQ\ SODVWLF EDJV DUH FXW XS WR SUHYHQW FKLOGUHQ SOD\LQJ ZLWK WKHP DQG DFFLGHQWDOO\
VXIIRFDWLQJ,IWKHDSSOLDQFHLVGDPDJHGLQDQ\ZD\GRQRWXVHLW5HSRUWWKHGDPDJHWR\RXU
GHDOHUZKRZLOOWDNHWKHQHFHVVDU\FRUUHFWLYHDFWLRQ
6LQFHWKHIROORZLQJDUHQRWIDFWRU\IDXOWVWKH\DUHWKHRZQHUVUHVSRQVLELOLW\
'DPDJHWRWKHH[WHULRUILQLVKDQGEUHDNDJHRIFRPSRQHQWV
'DPDJHFDXVHGWKURXJKLPSURSHUXVHRIWKHDSSOLDQFH
'DPDJHFDXVHGE\PRYLQJWKHDSSOLDQFH
7KLVDSSOLDQFHLVQRWLQWHQGHGIRUXVHE\SHUVRQVLQFOXGLQJFKLOGUHQZLWKUHGXFHG
SK\VLFDOVHQVRU\RUPHQWDOFDSDELOLWLHVRUODFNRIH[SHULHQFHDQGNQRZOHGJHXQOHVV
WKH\KDYHEHHQJLYHQVXSHUYLVLRQRULQVWUXFWLRQFRQFHUQLQJWKHXVHRIWKHDSSOLDQFH
E\DSHUVRQUHVSRQVLEOHIRUWKHLUVDIHW\
&KLOGUHQVKRXOGEHVXSHUYLVHGWRHQVXUHWKDWWKH\GRQRWSOD\ZLWKWKHDSSOLDQFH
7KHPDQXIDFWXUHUVWULYHVIRUFRQWLQXRXVLPSURYHPHQW7KXVWHFKQLFDOVSHFLILFDWLRQV
WH[WDQGLOOXVWUDWLRQVLQWKLVPDQXDODUHVXEMHFWWRFKDQJHZLWKRXWQRWLFH
)LJXUHVUHSUHVHQWHGLQWKLVLQVWUXFWLRQPDQXDODUHVFKHPDWLFDQGPD\QRW
FRUUHVSRQGH[DFWO\ZLWK\RXUDSSOLDQFH,IWKHSDUWVDUHQRWLQFOXGHGLQWKHXQLW\RX
KDYHSXUFKDVHGWKH\PD\EHPRGHOVSHFLILFDQGRQO\YDOLGIRUVRPHPRGHOV
9DOXHVVWDWHGRQWKHODEHOVRULQWKHGRFXPHQWDWLRQDFFRPSDQ\LQJLWDUHREWDLQHGLQ
ODERUDWRU\FRQGLWLRQVLQDFFRUGDQFHZLWKWKHUHOHYDQWVWDQGDUGV'HSHQGLQJRQ
RSHUDWLRQDODQGHQYLURQPHQWDOFRQGLWLRQVRIWKHDSSOLDQFHWKHVHYDOXHVPD\YDU\
3DJH
&RQWHQWV
,PSRUWDQW6DIHW\,QIRUPDWLRQ
:DUQLQJV
6SHFLILFDWLRQV
<RXU$LU&RQGLWLRQHU ,QGRRUXQLW 2XWGRRUXQLW 2SHUDWLQJWKHXQLW 5HPRWHFRQWURO
8VLQJ\RXUDLUFRQGLWLRQHU 2SHUDWLQJWKHXQLWLQVHOHFWHGPRGHV
7XUERRSHUDWLRQ
$GMXVWLQJOHIWULJKWDLUIORZGLUHFWLRQ
7LPHURSHUDWLRQ
6OHHSPRGH 5HSODFHPHQWRIEDWWHULHV 0DLQWHQDQFHDQGFOHDQLQJ 7URXEOH6KRRWLQJ
6HUYLFH&HQWUHV
:DUUDQW\
3DJH
,PSRUWDQWVDIHW\LQIRUPDWLRQ
3OHDVHUHYLHZDQGREVHUYHWKHIROORZLQJLQIRUPDWLRQ)DLOXUHWRGRVRPD\UHVXOWLQLQMXULHVRU
PDWHULDOGDPDJHDQGZLOOUHQGHUDQ\ZDUUDQW\DQGUHOLDELOLW\FRPPLWPHQWVYRLG
:DUQLQJV
x +DQGWKLVRZQHUVPDQXDORYHUWRWKHQHZRZQHUVKRXOGRZQHUVKLSFKDQJH
x 7KHDSSOLDQFHPXVWRQO\EHXVHGIRULWVLQWHQGHGSXUSRVH5RRPWHPSHUDWXUHUHJXODWLRQ
x 7KHDSSOLDQFHLVLQWHQGHGWREHXVHGLQKRXVHKROGDQGVLPLODUDSSOLFDWLRQVVXFKDVLQVKRSV
RIILFHVDQGRWKHUZRUNLQJHQYLURQPHQWVIDUPKRXVHVDQGE\FOLHQWVLQKRWHOVPRWHOVDQG
RWKHUUHVLGHQWLDOW\SHHQYLURQPHQWVEHGDQGEUHDNIDVWW\SHHQYLURQPHQWVFDWHULQJDQG
VLPLODUQRQUHWDLODSSOLFDWLRQV
x &RQVXOWZLWK\RXUDXWKRULVHG'()<VHUYLFHFHQWUHIRUDOOTXHVWLRQVDQGSUREOHPVUHODWLQJWR
WKHDLUFRQGLWLRQHU2QO\DXWKRULVHGDJHQWVDUHWRFDUU\RXWLQVWDOODWLRQDQGUHSDLUV
7KHDSSOLDQFHPXVWEHJURXQGHG,QFRPSOHWHJURXQGLQJPD\UHVXOWLQDQHOHFWULFVKRFN
'RQRWSXOOWKHSRZHUFRUGGXULQJRSHUDWLRQ'RLQJVRFRXOGFDXVHDILUH7RXQSOXJWKH
DSSOLDQFHVZLWFKLWRIIDQGUHPRYHWKHSOXJE\SXOOLQJRQWKHSOXJDQGQRWWKHFRUG
'RQRWDWWHPSWWRH[WHQGWKHSRZHUFRUGE\MRLQLQJLWWRDQRWKHUFRUGRUE\XVLQJDQ
H[WHQVLRQFRUG'RQRWSXWDQ\RWKHUORDGVRQWKHSRZHUVXSSO\VRFNHW([WHQVLRQFDEOHV
DQGPXOWLZD\SOXJVPXVWQRWEHXVHGIRUFRQQHFWLRQ
'RQRWGDPDJHWKHSRZHUFRUG3ODFLQJKHDY\REMHFWVRQWKHSRZHUFRUGKDYLQJWKHSRZHU
FRUGQHDUREMHFWVWKDWRSHUDWHDWKLJKWHPSHUDWXUHVPD\FDXVHHOHFWULFVKRFNDQGILUH
3XOORXWWKHSRZHUSOXJRUWXUQRIIWKHSRZHUVXSSO\ZKHQQRWXVLQJWKHDSSOLDQFHIRUDORQJ
SHULRGRIWLPH$FFXPXODWHGGLUWPLJKWFDXVHILUH
$QHDUWKOHDNDJHEUHDNHUZLWKUDWHGFDSDFLW\PXVWEHLQVWDOOHGWRDYRLGSRVVLEOHHOHFWULF
VKRFNV
'RQRWSODFHEXUQHUW\SHDSSOLDQFHVZKHUHWKH\ZLOOEHH[SRVHGWRWKHDLUIORZRIWKHDLU
FRQGLWLRQHUDVWKLVPD\FDXVHLQFRPSOHWHFRPEXVWLRQ
'RQRWXVHWKHIROORZLQJIRUFOHDQLQJ&KHPLFDOVROYHQWVLQVHFWLFLGHRULQIODPPDEOH
VSUD\LQJPDWHULDOV7KHVHZLOOGDPDJHWKHDSSHDUDQFHRIWKHDSSOLDQFH'RQRWVSUD\RU
VSULQNOHZDWHUGLUHFWO\RQWRWKHLQGRRUXQLW
9DSRXUDQGYDSRUL]HGFOHDQLQJPDWHULDOVPXVWQHYHUEHXVHGLQFOHDQLQJWKHDSSOLDQFH7KH
YDSRXUPD\FRPHLQWRFRQWDFWZLWKWKHHOHFWULFDOSDUWVDQGFDXVHDVKRUWFLUFXLWRUHOHFWULF
VKRFN
&ORVHGRRUVDQGZLQGRZVSUHIHUDEO\XVHDFXUWDLQZKLOHRSHUDWLQJWKHDSSOLDQFHIRUDORQJ
WLPHLIURRPDLULVTXLWHWXUELGRSHQWKHGRRUDQGZLQGRZIRUDVKRUWSHULRGRIWLPHWRDOORZ
IRUVRPHIUHVKDLUFLUFXODWLRQ
,IDQ\WKLQJDEQRUPDOVXFKDVDEXUQLQJVPHOORFFXUVVWRSWKHRSHUDWLRQLPPHGLDWHO\DQG
VZLWFKWKHFLUFXLWEUHDNHURII
'RQRWLQVWDOOWKHDSSOLDQFHDWORFDWLRQVZKHUHIODPPDEOHJDVPD\OHDN,IWKHUHLVDQ
HOHFWULFDOOHDNDJHIURPWKHDLUFRQGLWLRQHULWPD\FDXVHDILUHRUH[SORVLRQ
'RQRWXVHWKHDSSOLDQFHRWKHUWKDQIRULWVLQWHQGHGSXUSRVH'RQRWXVHWKHDSSOLDQFHIRU
FRROLQJPHGLFLQHRUDFDGHPLFUHVHDUFKVDPSOHVZKLFKUHTXLUHVWULFWWHPSHUDWXUHFRQWURO
3DJH
'RQRWLQVHUWDILQJHUDURGRUDQ\RWKHUREMHFWVLQWRWKHDLURXWOHWLQOHWJULOOH7KHIDQUXQVDW
DKLJKVSHHGDQGLWZLOOFDXVHDQLQMXU\LIWRXFKHG
'RQRWGLVSRVHRIWKHDSSOLDQFHDORQJZLWKUHJXODUKRXVHKROGZDVWH&RQWDFW\RXUORFDO
DXWKRULW\IRUGLVSRVDOLQIRUPDWLRQDQGIDFLOLWLHVDYDLODEOH1HYHUGLVSRVHRIWKHDSSOLDQFHLQD
ILUH
'RQRWDOORZFKLOGUHQWRKDQJRQWKHDSSOLDQFH1HYHUXVHWKHSDUWVRIWKHDSSOLDQFHDVD
PHDQVRIVXSSRUWRUVWHS
<RXQJFKLOGUHQRULQILUPSHUVRQVDUHQRWWRXVHWKHDSSOLDQFHZLWKRXWVXSHUYLVLRQ
.HHSYHQWLODWLRQRSHQLQJVFOHDURIREVWUXFWLRQV
8QSOXJWKHDSSOLDQFHZKHQFOHDQLQJGXULQJURXWLQHPDLQWHQDQFHRULILWZLOOQRWEHXVHGIRU
DQH[WHQGHGSHULRG
6KRXOGWKHPDLQVOHDGRIWKHDSSOLDQFHEHFRPHGDPDJHGRUVKRXOGLWQHHGUHSODFLQJDWDQ\
WLPHLWPXVWEHUHSODFHGE\D'()<$XWKRULVHG6HUYLFH$JHQW
1HYHUFRQQHFW\RXUDSSOLDQFHWRHOHFWULFLW\VDYLQJV\VWHPVDVWKH\PD\GDPDJHWKH
DSSOLDQFH'RQRWSXOOWKHEDWWHULHVDSDUWRUWKURZWKHPLQWRDILUHWKH\ZLOOH[SORGH
'RQRWXVHH[SORVLYHVXEVWDQFHVVXFKDVDHURVROFDQVZLWKDIODPPDEOHSURSHOODQWQHDUWKH
DSSOLDQFH'RQRWXVHIODPPDEOHJDVEHQ]HQHSHWURORUYRODWLOHVXEVWDQFHVQHDUWKH
DSSOLDQFH
,QWKHHYHQWRIDPDOIXQFWLRQGLVFRQQHFWWKHDSSOLDQFHIURPWKHSRZHUVXSSO\'RQRW
RSHUDWHDGDPDJHGDSSOLDQFH&RQVXOWZLWK\RXUQHDUHVW'()<VHUYLFHFHQWUHVKRXOG\RX
KDYHDQ\FRQFHUQV
1HYHUSODFHREMHFWVRQWRSRIWKHDSSOLDQFHWKH\PD\IDOOGRZQDQGLQMXUH\RX
1HYHUSOXJWKHDSSOLDQFHLQWRWKHZDOOVRFNHWGXULQJLQVWDOODWLRQ'HDWKRUVHULRXVLQMXU\PD\
UHVXOW
7KHHOHFWULFDOVDIHW\RIWKHDSSOLDQFHLVRQO\JXDUDQWHHGLIWKHHDUWKV\VWHPRI\RXUKRPHLV
FRPSOLDQWZLWKQDWLRQDOVWDQGDUGV
'RQRWH[SRVH\RXUERG\GLUHFWO\WRWKHFRRORUKRWDLURIWKHDSSOLDQFHIRUSURORQJHG
SHULRGVGRQRWFRRORUKHDWWKHURRPWRRPXFK7KLVFRXOGHIIHFW\RXUSK\VLFDOFRQGLWLRQ
DQGFDXVHKHDOWKSUREOHPV
7RSUHYHQWFRQGHQVHGZDWHUIURPGULSSLQJIURPWKHDSSOLDQFH'RQRWRSHQZLQGRZVDQG
GRRUVZKLOHRSHUDWLQJWKHDSSOLDQFHLQWKH&22/'5<PRGHIRUWRRORQJDSHULRGRIWLPH
XQGHUKLJKKXPLGLW\FRQGLWLRQVDERYH
7KHDSSOLDQFHLVWREHLQVWDOOHGLQDFFRUGDQFHZLWKQDWLRQDOZLULQJUHJXODWLRQV7KH
DSSOLDQFHPXVW127EHLQVWDOOHGLQWKHODXQGU\7KHDSSOLDQFHPXVWEHLQVWDOOHGP
DERYHWKHIORRU7KHDSSOLDQFHPXVWEHSRVLWLRQHGVRWKDWWKHSOXJLVDFFHVVLEOH)RUPRGHOV
ZKRVHFRROLQJFDSDFLW\LVDERYH:DQDOOSROHGLVFRQQHFWLRQGHYLFHZKLFKKDVDWOHDVW
PPVHSDUDWLRQGLVWDQFHLQDOOSROHDQGDUHVLGXDOFXUUHQWGHYLFH5&'DQGDUDWLQJRI
DERYHP$LVWREHLQFRUSRUDWHGLQWKHIL[HGZLULQJDFFRUGLQJWRQDWLRQDOUHJXODWLRQV
3DJH
6SHFLILFDWLRQV
,QGRRUXQLW
AHI09H1P
AHI12H1P
AHI18H1P
AHI24H1P
2XWGRRUXQLW
ACI09H1P
ACI12H1P
ACI18H1P
ACI24H1P
&RROLQJFDSDFLW\%WXK
+HDWLQJFDSDFLW\%WXK
$LUIORZYROXPHPK
7\SH
3RZHUVXSSO\9+]
5DWHGLQSXW
SRZHU:
&RROLQJ
+HDWLQJ
5DWHGLQSXW
FXUUHQW$
&RROLQJ
+HDWLQJ
,QSXWSRZHUXQGHUZRUVWFRQGLWLRQV
:
,QSXWFXUUHQWXQGHUZRUVWFRQGLWLRQV
:
7RWDOJDVTXDQWLW\J
6L]HRIVKDSHPP [[
,QGRRU
1HWZHLJKW.J
1RLVHG%
1HWZHLJKW.J
1RLVHG%
6SHFLILFDWLRQ /LTXLGWXEH
DQGOHQJWKRI
FRQQHFWLQJ
9DSRXUWXEH
SLSHPP
[[ [[
6L]HRIVKDSHPP [[
2XWGRRU
[[
[[
[[
[[
ij
ij
ij
ij
ij
ij
ij
ij
6SHFLILFDWLRQVDUHVWDQGDUGYDOXHVFDOFXODWHGRQUDWHGRSHUDWLQJFRQGLWLRQVDQGPD\
YDU\DFFRUGLQJWRZRUNLQJFRQGLWLRQV
7KHUDWHGYDOXHLVWHVWHGXQGHU,Q2XW,Q2XW
3DJH
<RXU$LU&RQGLWLRQHU
,QGRRUXQLW
,QGLFDWRUSDQHO
2XWGRRUXQLW
2SHUDWLQJWKHXQLW
1RWH
'RQRWRSHQWKH*ULGDWDQDQJOHRIRYHUGHJUHHV
'RQRWRSHUDWHWKHXQLWVXVLQJIRUFH
3DJH
5HPRWHFRQWURO
1RWH
7KHDSSHDUDQFHRIUHPRWHFRQWUROOHUVPD\YDU\VOLJKWO\IURPPRGHOWRPRGHO6RPHLQGLFDWRUV
DQGIXQFWLRQVRQ\RXUUHPRWHFRQWUROPD\QRWEHDSSOLFDEOHWRWKHPRGHO\RXKDYHSXUFKDVHG
7UDQVPLVVLRQSURFHGXUH
:KHQWKHUHPRWHFRQWUROOHULVSRLQWLQJWRZDUG
WKHDLUFRQGLWLRQHUXQLWVLJQDOLVVHQWHDFK
WLPHDEXWWRQRQWKHUHPRWHFRQWUROOHULV
SUHVVHG:KHQVLJQDOLVFRUUHFWO\UHFHLYHGD
VRXQGLVHPLWWHGIURPWKHXQLW
3DJH
8VLQJ\RXUDLUFRQGLWLRQHU
5HPRWHFRQWUROOHU
2SHUDWLQJWKHXQLWLQVHOHFWHGPRGHV
3RLQWWKHUHPRWHFRQWUROOHUDWWKHXQLWSUHVVWKH212))EXWWRQWKHQSUHVVWKH02'(
EXWWRQVHOHFWWKHUHTXLUHGPRGH$872&22/'5<+($7RU)$1
3UHVVWKH6(77(03(5$785(EXWWRQWRLQFUHDVHRUGHFUHDVHWKHUHDGLQJVXQWLOWKH
UHTXLUHGWHPSHUDWXUHLVGLVSOD\HG7KHURRPVHWWHPSHUDWXUHUDQJHLVIURPÛ&Û&
3UHVVWKH)$163(('EXWWRQWRFKRRVHWKHDLUUDWHWKDW\RXUHTXLUH/RZGLVSOD\
LQGLFDWHV³´0HGLXPGLVSOD\LQGLFDWHV³´+LJKGLVSOD\LQGLFDWHV³³$XWRGLVSOD\
VKRZVWKH³³LQGLFDWRUIODVKLQJ6HWWLQJLVDXWRPDWLFDOO\VHWWRÛ&DQGDGMXVWDEOHLQ
$872DQG'<5PRGH
3UHVVWKH6:,1*EXWWRQWRFKRRVHWKHXSGRZQDLUIORZGLUHFWLRQUHTXLUHG1DWXUDOIORZ
GLVSOD\LQGLFDWHV³´VZLQJGLVSOD\³´LQGLFDWRUIODVKLQJIL[HGZLQGGLVSOD\
LQGLFDWHV³³,WLVDXWRPDWLFDOO\VHWDVIL[HGZLQGDLUIORZGLUHFWLRQLQ'5<PRGH
7XUERRSHUDWLRQ
3UHVVWKH785%2EXWWRQGXULQJWKH&22/RU+($7RSHUDWLRQWKHDLUUDWHZLOOVHWWOHRQ+,*+
3UHVVWKH785%2EXWWRQDJDLQWRH[LWWKH785%2RSHUDWLRQ
1RWH7KHDLUUDWHFDQQRWEHFKDQJHGGXULQJWKH785%2RSHUDWLRQ
$GMXVWLQJOHIWULJKWDLUIORZGLUHFWLRQ
+RUL]RQWDOYHUWLFDODXWRVZLQJFDQEHDGMXVWHGYLDWKHUHPRWHFRQWUROOHU3UHVVWKH$,5
)/2:EXWWRQWKHDLUVZLQJLQJILQVZLOOFRQWLQXDOO\VZLQJIURPOHIWWRULJKWRULQDIL[HGGLUHFWLRQ
GHSHQGLQJRQWKHVHWWLQJ
7LPHURSHUDWLRQ
6HWWKHVZLWFKLQJRIIWLPH
6HWWKHWLPHIRUWKHXQLWWRVZLWFKRII7KHDLUFRQGLWLRQHUZLOODXWRPDWLFDOO\VWRSRSHUDWLQJZKHQ
WKHVHOHFWHGWLPHKDVEHHQUHDFKHG
:KLOVWWKHDLUFRQGLWLRQHULVRSHUDWLQJSUHVVWKH7,0(5EXWWRQWKHDLUFRQGLWLRQHUZLOO
WKHQHQWHUWKHWLPHGVZLWFKRIIPRGH
3UHVVWKH7,0(5EXWWRQUHSHDWHGO\WRVHWWKHUHTXLUHGWLPHWRVZLWFKRIIWKHXQLW7KH
WLPHULVDEOHWRVHOHFWZLWKLQWKHUDQJHRIEHWZHHQKRXUV(YHU\WLPHWKHEXWWRQLV
SUHVVHGWKHLQGLFDWLRQFKDQJHLVDFFRUGLQJWRWKHIROORZLQJVHTXHQFH«
&DQFHOQRLQGLFDWLRQ
$IWHUWKHVHWWLQJRIWKHWLPHGVZLWFKRIIKDVEHHQFRPSOHWHGWKHGLJLWVVKRZQRQWKH
GLVSOD\VFUHHQZLOOJRGRZQLQLQFUHPHQWVRIIRUHYHU\HODSVHGKRXU7KHGLVSOD\HG
GLJLWVLQGLFDWHWKHUHPDLQLQJWLPHSULRUWRWKHWLPHGVZLWFKRII
3DJH
6HWWKHVZLWFKLQJRQWLPH
6HWWKHWLPHIRUWKHXQLWWRVZLWFKRQ7KHDLUFRQGLWLRQHUZLOODXWRPDWLFDOO\VWRSRSHUDWLQJZKHQ
WKHVHOHFWHGWLPHKDVEHHQUHDFKHG
:KHQWKHDLUFRQGLWLRQHULVLQWKHVWDQGE\PRGHSUHVVWKH7,0(5EXWWRQDQGWKHDLU
FRQGLWLRQHUZLOOHQWHUWKHWLPHGVZLWFKRQPRGH
3UHVVWKH7,0(5EXWWRQUHSHDWHGO\WRVHWWKHUHTXLUHGWLPHWRVZLWFKRIIWKHXQLW7KH
WLPHULVDEOHWRVHOHFWZLWKLQWKHUDQJHRIEHWZHHQKRXUV(YHU\WLPHWKHEXWWRQLV
SUHVVHGWKHLQGLFDWLRQFKDQJHLVDFFRUGLQJWRWKHIROORZLQJVHTXHQFH«
&DQFHOQRLQGLFDWLRQ
$IWHUWKHVHWWLQJRIWKHWLPHGVZLWFKRQKDVEHHQFRPSOHWHGWKHGLJLWVVKRZQRQWKH
GLVSOD\VFUHHQZLOOJRGRZQLQLQFUHPHQWVRIIRUHYHU\HODSVHGKRXU7KHGLVSOD\HG
GLJLWVLQGLFDWHWKHUHPDLQLQJWLPHSULRUWRWKHWLPHGVZLWFKRQ
([LWLQJWKHWLPHUIXQFWLRQ
:KHQWKHLQGLFDWRURQWKHGLVSOD\VFUHHQLVKRXUSUHVVWKH7,0(5EXWWRQDJDLQWRGHOHWH
WKHWLPHGPRGH
6OHHSPRGH
8VHWKLVPRGHWRUHGXFHWKHRSHUDWLQJVRXQGZKLOVWVOHHSLQJ
3UHVVWKH6/((3EXWWRQWKHDLUIORZVRXQGIURPWKHLQGRRUXQLWLVGHFUHDVHG
3UHVVWKH6/((3EXWWRQDJDLQWRH[LWWKHPRGH
8VHWKHVOHHSPRGHZKHQ\RXDUHJRLQJWREHG,IWKLVPRGHLVXVHGGXULQJWKHGD\
WKHFDSDFLW\LVUHGXFHGVLQFHWKHDPELHQWWHPSHUDWXUHLVWRRKLJK&22/02'(
'XULQJWKHFRROLQJRSHUDWLRQDIWHUWKHPDFKLQHEHJLQVWRRSHUDWHLQVOHHSPRGHWKH
URRPWHPSHUDWXUHZLOOEHUDLVHGJUDGXDOO\E\Û&KLJKHUWKDQWKHVHOHFWHGVHWWLQJ
'XULQJWKHKHDWLQJRSHUDWLRQDIWHUWKHPDFKLQHEHJLQVWRRSHUDWHLQVOHHSPRGHWKH
URRPWHPSHUDWXUHZLOOEHGURSSHGJUDGXDOO\E\Û&ORZHUWKDQWKHVHOHFWHGVHWWLQJ
3DJH
5HSODFHPHQWRIEDWWHULHV
x 5HSODFHWKHEDWWHULHVZKHQDQ\RIWKHIROORZLQJFRQGLWLRQVRFFXU:KHQWKHVLJQDOIURP
x
x
x
x
x
WKHUHPRWHFRQWUROOHULVZHDNDQGWKHLQGRRUXQLWGRHVQRWUHFHLYHDSURSHUVLJQDOWKH
LQGLFDWRUVRQWKHGLVSOD\VFUHHQEHFRPHEOXUUHG
6OLGHWKHEDFNFRYHURIWKHUHPRWHFRQWUROOHURIIUHPRYHWKHROGEDWWHULHVDQGUHSODFHZLWK
WZRQHZEDWWHULHV
7KHSRVLWLYHDQGQHJDWLYHSROHVPXVWPDWFKZLWKWKHEDWWHULHVSROHV
1HZEDWWHULHVRIDPDWFKLQJW\SHPXVWEHXVHG
,IWKHUHPRWHFRQWUROOHUZLOOQRWEHXVHGIRUDQH[WHQGHGSHULRGRIWLPHWKHQUHPRYHWKH
EDWWHULHVWRSUHYHQWDQ\OHDNDJHRIWKHHOHFWURO\WHIURPGDPDJLQJWKHUHPRWHFRQWUROOHU
,IWKHUHPRWHFRQWUROOHUHQWHUVDQDEQRUPDOVWDWHUHPRYHDQGWKHQUHLQVHUWWKHEDWWHULHVWR
FOHDUWKHGLVSOD\
7KHPDQXIDFWXUHUVWULYHVIRUFRQWLQXRXVLPSURYHPHQW)RUWKLVUHDVRQWKHWH[WDQG
LOOXVWUDWLRQVLQWKLVPDQXDODUHVXEMHFWWRFKDQJHZLWKRXWQRWLFH
:DUQLQJ'RQRWEUHDNSXOOWKHEDWWHULHVDSDUWRUWKURZWKHPLQWRDILUH7KHUHLVD
ULVNRIH[SORVLRQDQGILUH
3DJH
0DLQWHQDQFHDQGFOHDQLQJ
&OHDQWKHIURQWJULOOHDQGDLUILOWHUVDWOHDVWRQFHLQHYHU\WZRZHHNV
:DUQLQJ%HIRUHFOHDQLQJEHVXUHWRVWRSWKHRSHUDWLRQRIWKHDLUFRQGLWLRQHUDQG
VZLWFKRIIDWWKHFLUFXLWEUHDNHU
%HIRUHWKHVHDVRQRIRSHUDWLRQ
&KHFNWRVHHLIWKHUHDUHDQ\EORFNDJHVRQWKHLQWDNHDQGRXWOHWYHQWVRIWKHLQGRRUDQG
RXWGRRUXQLWV
&KHFNWRVHHLIWKHLQVWDOODWLRQVWDQGLVFRUURGHGRUUXVW\
&KHFNWRVHHWKDWWKHPDFKLQHLVSURSHUO\JURXQGHG
&KHFNWKDWWKHDLUILOWHULVFOHDQ
&RQQHFWWRWKHSRZHUVRXUFH
5HILWWKHEDWWHULHVLQWRWKHUHPRWHFRQWUROOHU
'XULQJWKHVHDVRQRIRSHUDWLRQ
5HPRYHWKHDLUILOWHUVFUHHQIURPWKHXQLW
x *HQWO\SUHVVWKHWZRORZHUHQGVRIWKHJULGDQGRSHQLW
x *HQWO\SXOOXSWKHDLUILOWHUVFUHHQDQGUHPRYHLWWRZDUGVWKHGLUHFWLRQRI\RXUERG\
&OHDQWKHDLUILOWHUVFUHHQ
,IWKHVFUHHQLVYHU\GLUW\XVHOXNHZDUPZDWHUDERXWÛ&WRFOHDQLW$LULWWRGU\RXWDIWHU
FOHDQLQJ
1RWH
x 'RQRWXVHERLOLQJZDWHUWRFOHDQWKHVFUHHQ
x 'RQRWDWWHPSWWRGU\WKHVFUHHQRYHUDKHDWVRXUFH
x 'RQRWH[HUWWRRPXFKIRUFHE\SXOOLQJRUVWUHWFKLQJWKHVFUHHQ
,QVWDOOWKHDLUILOWHUVFUHHQ
7RRSHUDWHWKHDLUFRQGLWLRQHUZLWKRXWWKHDLUILOWHUVFUHHQRQZLOOFDXVHWKHLQWHULRURIWKH
PDFKLQHWRJHWGLUW\ZKLFKZLOOLQWXUQOHDGWRSRRUSHUIRUPDQFHRUGDPDJHVWRWKHXQLWV
&OHDQWKHDLUFRQGLWLRQHU
x 8VHDVRIWDQGGU\FORWKWRZLSHWKHDLUFRQGLWLRQHURUXVHDYDFXXPFOHDQHUWRFOHDQLW
x ,IWKHDLUFRQGLWLRQHULVYHU\GLUW\XVHDSLHFHRIFORWKDQGVRDNLWZLWKQHXWUDOKRPHXVH
GHWHUJHQWWRFOHDQWKHXQLW
x :LSHWKHVXUIDFHRIWKHXQLWZLWKDPRLVWFORWKDQGWKHQZLSHLWDJDLQZLWKDGU\FORWK'R
QRWXVHEHQ]HQHVROYHQWRUDQ\RWKHUFKHPLFDOSURGXFWV
$IWHUWKHVHDVRQRIRSHUDWLRQ
6HWWKHWHPSHUDWXUHDWÛ&DQGRSHUDWHLQWKHIDQPRGHIRUDURXQGKDOIDGD\LQRUGHUGU\
RXWWKHLQWHULRURIWKHXQLW
6WRSWKHRSHUDWLRQRIWKHPDFKLQHDQGVZLWFKRIIWKHSRZHUVZLWFK
7KHDLUFRQGLWLRQHUZLOOFRQVXPHDERXW:RIHOHFWULFSRZHUDIWHUWKHPDFKLQHLVVZLWFKHGRII
)RUWKHSXUSRVHRIHQHUJ\VDYLQJDQGVDIHW\LWLVDGYLVDEOHWRSXOORXWWKHSOXJGXULQJQRQ
RSHUDWLRQDOVHDVRQV
5HPRYHWKHDLUILOWHUVFUHHQFOHDQLWDQGUHILW
&OHDQWKHLQGRRUDQGRXWGRRUXQLWV
5HPRYHWKHEDWWHULHVIURPWKHUHPRWHFRQWUROOHU
3DJH
1RWH,IWKHDLUILOWHUVFUHHQLVEORFNHGE\GXVWRUGLUWWKHSHUIRUPDQFHRIFRROLQJDQG
KHDWLQJZLOOEHDIIHFWHGZLWKWKHRSHUDWLRQQRLVHDQGSRZHUFRQVXPSWLRQLQFUHDVHG
7KHUHIRUHWKHDLUILOWHUVFUHHQVKRXOGEHFOHDQHGUHJXODUO\
%DVLFSULQFLSDOVDQGSHUIRUPDQFH)HDWXUHVRIWKHKHDWLQJRSHUDWLRQ
x 7KHXQLWDEVRUEVKHDWIURPWKHRXWGRRUDLUDQGWUDQVIHUVLWLQGRRUVVRDVWRKHDWWKHURRPDLU
7KHKHDWLQJFDSDELOLWLHVWKURXJKWKHSULQFLSOHRIWKHKHDWSXPSJRXSGRZQZLWKWKH
LQFUHDVHGHFUHDVHRIWKHWHPSHUDWXUHRIWKHRXWGRRUDLU
x 5RRPWHPSHUDWXUHLVUDLVHGLQDVKRUWWLPHWKURXJKWKLVW\SHRIKRWDLUFLUFXODWLRQV\VWHP
x :KHQWKHRXWGRRUWHPSHUDWXUHLVYHU\ORZWKHV\VWHPFDQEHXVHGWRJHWKHUZLWKRWKHU
KHDWLQJGHYLFHV(QVXUHJRRGYHQWLODWLRQLVPDLQWDLQHGIRUVDIHW\DQGWRSUHYHQWDFFLGHQWV
'HIURVWLQJ
:KHQWKHRXWGRRUDLUWHPSHUDWXUHLVYHU\ORZDQGKXPLGLW\LVYHU\KLJKIURVWLQJZLOORFFXURQ
WKHKHDWH[FKDQJHURIWKHRXWGRRUXQLWWKLVKDVDQHJDWLYHLPSDFWXSRQWKHKHDWLQJ
SHUIRUPDQFHHIILFLHQF\,IWKLVRFFXUVWKHQWKHDXWRPDWLFGHIURVWLQJIXQFWLRQZLOOFRPHLQWRSOD\
7KHKHDWLQJRSHUDWLRQZLOOEHVWRSSHGIRUPLQXWHVLQRUGHUIRUWKHGHIURVWLQJSURFHVVWR
RFFXU
x 7KHIDQVRIERWKWKHRXWGRRUDQGLQGRRUXQLWVDUHVWRSSHGGXULQJGHIURVWLQJ
x 'XULQJGHIURVWLQJWKHRXWGRRUXQLWPD\JHQHUDWHVWHDP7KLVLVGXHWRUDSLGGHIURVWLQJDQGLV
QRWDSHUIRUPDQFHIDLOXUH
x 8SRQFRPSOHWLRQRIWKHGHIURVWLQJSURFHVVWKHKHDWLQJRSHUDWLRQLVUHVXPHG
7URXEOHVKRRWLQJ
3OHDVHUHYLHZWKLVOLVWEHIRUHFDOOLQJDVHUYLFHFHQWUH,WFRXOGVDYH\RXWLPHDQGPRQH\7KLV
OLVWLQFOXGHVIUHTXHQWFRPSODLQWVWKDWGRQRWDULVHIURPGHIHFWLYHZRUNPDQVKLSRUPDWHULDO
XVDJH6RPHRIWKHIHDWXUHVGHVFULEHGKHUHPD\QRWDSSO\WR\RXUPRGHO
6\PSWRP
&KHFN
7KHDLUFRQGLWLRQHUGRHVQRW x 0DNHVXUHWKHDLUFRQGLWLRQHUSOXJLVVHFXUHO\SOXJJHGLQ
RSHUDWH
x $UHWKHUHDQ\REVWDFOHVRUGLVWXUEDQFHVXSSO\RVFLOODWRUVLQWKHURRP
WKDWPD\EHGLVWXUELQJWKHVLJQDOIURPWKHUHPRWHFRQWUROOHU"
x ,VWKHUHDSRZHUIDLOXUH"
x ,VWKHSRZHUSOXJSOXJJHGLQSURSHUO\"
x &KHFNIRUDEORZQIXVHRUWULSSHGFLUFXLWEUHDNHU
x 7HVWWKHZDOOVRFNHWIRUSRZHUXVLQJDQRWKHUDSSOLDQFH
x ,QVSHFWWKHHOHFWULFDOFRUGIRUGDPDJH
x (OLPLQDWHWKHXVHRIDQH[WHQVLRQFRUGLIDQ\LVEHLQJXVHG
x ,VWKHWLPHVHWWRWKH³21´SRVLWLRQ"
7KHUHPRWHFRQWUROOHULVQRW x &KHFNZKHWKHUWKHEDWWHULHVRIWKHUHPRWHFRQWUROOHUDUHXVDEOH
RSHUDWLRQDO
x &KHFNZKHWKHUWKHEDWWHULHVDUHSRVLWLRQHGFRUUHFWO\
3RRUFRROLQJRUKHDWLQJ
x ,VWKHWHPSHUDWXUHVHWWLQJDSSURSULDWH"
SHUIRUPDQFH
x $UHWKHDLUILOWHUVFOHDQ"
x $UHWKHUHDQ\REVWDFOHVEORFNLQJWKHLQOHWVDQGRXWOHWVRIWKHLQGRRU
DQGRXWGRRUXQLWV",VVOHHSPRGHXVHGGXULQJGD\WLPH"
x ,VWKHLQGRRUIDQVSHHGVHWORZ"
x $UHGRRUVDQGZLQGRZVFORVHG"
3DJH
6\PSWRP
&KHFN
3RRUFRROLQJSHUIRUPDQFH
x ,VWKHUHGLUHFWVXQOLJKWLQWKHURRP",VWKHUHDKHDWVRXUFHLQWKH
2SHUDWLRQGRHVQRWVWDUW
VWUDLJKWDZD\ZKHQWKH581
EXWWRQLVSUHVVHGDIWHU
RSHUDWLRQZDVVWRSSHG
$LUGRHVQRWLPPHGLDWHO\
EORZRXWDWWKHVWDUWRIWKH
KHDWLQJRSHUDWLRQ
7KHXQLWZLOOQRWVWRSEORZLQJ
RXWDLULPPHGLDWHO\DIWHUVKXW
GRZQRQ&22/RSHUDWLRQ
VRPHPRGHOV
$LULVQRWEORZQRXWIRUWR
PLQDWKHDWLQJRSHUDWLRQ
x 7KLVLVWRSURWHFWWKHDLUFRQGLWLRQHU3OHDVHZDLWPLQXWHV
URRP"$UHWKHUHWRRPDQ\SHRSOHLQWKHURRP"
$LULVQRWEORZQRXWDW'5<
RSHUDWLRQ
0LVWLVEORZQRXWDW&22/
RSHUDWLRQ
x 7KHDLUFRQGLWLRQHULVQRWUHDG\WREORZRXWHQRXJKZDUPDLU3OHDVH
ZDLWIRUEHWZHHQPLQXWHV
x 7KHLQVLGHRIWKHXQLWLVGU\LQJRXWPRXOGSURRILQJRSHUDWLRQWKH
LQGRRUIDQPRWRUUXQVDWORZVSHHG7KHORXYHUZLOOQRWFORVHXQWLODIWHU
VHFRQGV
x :KHQWKHRXWGRRUWHPSHUDWXUHLVORZDQGKXPLGLW\LVKLJKWKHXQLW
VRPHWLPHVSHUIRUPVGHIURVWLQJDXWRPDWLFDOO\3OHDVHZDLW'XULQJ
GHIURVWLQJZDWHURUVWHDPLVHPLWWHGIURPWKHRXWGRRUXQLW
x ,QGRRUIDQLVVRPHWLPHVVWRSSHGWRSUHYHQWYDSRXURIGHKXPLGLILHG
PRLVWXUHDQGWRVDYHHQHUJ\
x 7KLVSKHQRPHQRQVRPHWLPHVRFFXUVZKHQWKHWHPSHUDWXUHDQG
KXPLGLW\RIWKHURRPDUHYHU\KLJKEXWLWZLOOGLVDSSHDUZLWKWKH
ORZHULQJRIWKHWHPSHUDWXUHDQGKXPLGLW\
7KHXQLWHPLWVRGRXUV
x $LUEORZQRXWGXULQJRSHUDWLRQPD\VPHOO7KHDLUFRQGLWLRQHUPD\
KDYHDEVRUEHGRGRXUVIURPWKHLPPHGLDWHVXUURXQGLQJVVXFKDV
WREDFFRVPRNHRUFRVPHWLFV
1RLVHLVKHDUGOLNHDFUDFNLQJ x 7KLVLVFDXVHGE\WKHUHIULJHUDQWWKDWLVFLUFXODWLQJLQVLGHWKHXQLW
VRXQG
1RLVHLVKHDUGOLNHDFUDFNLQJ x 7KLVLVFDXVHGE\KHDWH[SDQVLRQRUFRQWUDFWLRQRISODVWLFV
VRXQGDIWHUDSRZHURXWDJH
RUDIWHUGLVFRQQHFWLQJWKH
SRZHUVXSSO\SOXJ
x 7KHPHPRU\FLUFXLWRIWKHPLFURFRPSXWHULVFOHDUHG2SHUDWHWKH
2SHUDWLRQFDQQRWEH
UHPRWHFRQWUROOHUDJDLQWRUHVWDUWWKHRSHUDWLRQ
UHVWDUWHGHYHQLIWKHSRZHULV
UHFRYHUHG
5HPRWHFRQWUROVLJQDOVDUH x 5HPRWHFRQWUROVLJQDOVPD\QRWEHUHFHLYHGZKHQVLJQDOUHFHLYHURQ
QRWUHFHLYHG
WKHDLUFRQGLWLRQHUERG\LVH[SRVHGWRGLUHFWVXQOLJKWRUVWURQJ
OLJKWLQJ
0RLVWXUHPD\IRUPRQWKHDLU x ,IWKHXQLWLVRSHUDWHGIRUDORQJSHULRGRIWLPHZLWKWKHKLJKKXPLGLW\
RXWOHWJULOOHV
PRLVWXUHPD\IRUPRQWKHDLURXWOHWJULOOHVDQGGULSGRZQ
,IRQHRIWKHIROORZLQJV\PSWRPVRFFXUVSOHDVHVZLWFKWKHFLUFXLWEUHDNHURII
LPPHGLDWHO\DQGFDOOWKHQHDUHVWDXWKRULVHG'HI\VHUYLFHFHQWUHIRUKHOS
x
x
x
x
x
x
x
x
7KHSRZHUFRUGKDVRYHUKHDWHGRULVGDPDJHG
$QDEQRUPDOVRXQGLVKHDUGGXULQJRSHUDWLRQ
7KHFLUFXLWEUHDNHUIXVHRUWKHHDUWKOHDNDJHEUHDNHURIWHQFXWVRIIWKHRSHUDWLRQ
2QHRIWKHVZLWFKHVRUEXWWRQVRIWHQIDLOVWRZRUNQRUPDOO\
7KHDLUFRQGLWLRQHUHPLWVDEXUQLQJVPHOOGXULQJRSHUDWLRQ
:DWHUOHDNVIURPWKHLQGRRUXQLW
$EQRUPDOQRLVHLVKHDUGGXULQJRSHUDWLRQ
,IDIDXOW\RSHUDWLRQDOPRYHPHQWLVREVHUYHGZKHQWKH581EXWWRQLVSUHVVHG(YHQDIWHU
SXOOLQJRXWWKHSRZHUSOXJDQGUHVWDUWLQJWKHRSHUDWLRQDIWHUPLQXWHVWKHIDXOW\PRYHPHQW
GRHVQRWGLVDSSHDU
3DJH
6HUYLFH&HQWUHV
,I\RXKDYHIROORZHGWKHLQVWUXFWLRQVDQGVWLOOKDYHDSUREOHPFRQWDFWWKHQHDUHVW
'HI\6HUYLFH&HQWUH7KH\ZLOOEHDEOHWRDGYLVH\RXRQDQ\DVSHFWRIWKH
DSSOLDQFHRUVHQGDTXDOLILHGWHFKQLFLDQWRUHSDLULW
6RXWK$IULFDQ6HUYLFH$JHQWV
6XE6DKDUDQ$IULFD6HUYLFH$JHQWV
%/2(0)217(,1
/RQJ6WUHHW+LOWRQ%ORHPIRQWHLQ
7HO
%ORHPIRQWHLQ6HUYLFH#GHI\FR]D
&$3(72:1
$0DUFRQL5G0RQWDJXH*DUGHQV
7HO
&DSH7RZQ6HUYLFH#GHI\FR]D
'85%$1
,QWHUVLWH$YHQXH8PJHQL%XVLQHVV3DUN
'XUEDQ
7HO
'XUEDQ6HUYLFH#GHI\FR]D
($67/21'21
%RZOV5G$UFDGLD(DVW/RQGRQ
7HO
(DVW/RQGRQ6HUYLFH#GHI\FR]D
-2+$11(6%85*
&QU0LPHWHV.UXJHU6WV'HQYHUH[W
-RKDQQHVEXUJ
7HORU
*DXWHQJ6HUYLFH#GHI\FR]D
32/2.:$1(
1HOVRQ0DQGHOD'ULYH6XSHUELD
7HO
3RORNZDQH6HUYLFH#GHI\FR]D
3257(/,=$%(7+
3DWWHUVRQ5RDG1RUWK(QG3RUW(OL]DEHWK
7HO
3RUW(OL]DEHWK6HUYLFH#GHI\FR]D
35(725,$
%ORFN$2OG0XWXDO,QGXVWULDO3DUN
&QU')0DODQ'ULYH0RRW6WU+HUPDQVWDG
7HO
3UHWRULD6HUYLFH#GHI\FR]D
=$0%,$6287+*$7(,19(670(176/7'
3ORW6KHNL6KHNL5RDG
32%R[
/XVDND=DPELD
7HO
)D[
VJLVHUYLFHFHQWUH#PLFUROLQN]P
1$0,%,$$7/$17,&',675,%8725637</7'
7LHQLH/RXZ6WUHHW1RUWKHUQ,QGXVWULDO$UHD
32%R[:LQGKRHN1DPLELD
7HO
)D[
DWODQWLF#PZHEFRPQD
=,0%$%:(75$'(&20$)5,&$
7UDGH&RP$IULFD/RUHOH\&UHVFHQW
0VDVD+DUDUH=LPEDEZH
7HO
&HOO
&HOO
%276:$1$5$<025*$1$*(1&,(6
50$6HUYLFH&HQWUH3ORW(DVW*DWH
*DERURQH,QWHUQDWLRQDO&RPPHUFH3DUN
.JDOH9LHZ*DERURQH
%RWVZDQD
7HO
)D[
&HOO
VHUYLFH#UPDFREZUDMD#UPDFREZ
6:$=,/$1'/<1'6',675,%87256
32%R[0EDEDQH6ZD]LODQG+
7HO
)D[
02=$0%,48(&22/:25/'/'$
5XDGD5HVLVWHQFLD1R%5&
&HOO
FRROZRUOGOGD#KRWPDLOFRP
1RVVR6KRZ5RRP
$YGD,QGXVWULDV3DUFHOD1R$
0DFKDYD0DSXWR
27+(5$5($6$5(6(59,&('%<29(5$87+25,6('6(59,&($*(176
3/($6(&2168/77+(1($5(675(*,21$/'()<6(59,&(&(175()25'(7$,/6
3OHDVHUHJLVWHU\RXUSURGXFWDW
ZZZGHI\FR]D
'()<$33/,$1&(637</7'
32%2;
-$&2%6
'85%$1
6287+$)5,&$
3DJH
:DUUDQW\
7KLV FHUWLILFDWH LV LVVXHG E\ '()< $33/,$1&(6 37< /,0,7(' PDQXIDFWXUHUV RI 'HI\ DQG
2FHDQ SURGXFWV KHUHLQDIWHU WKH &RPSDQ\ WR WKH RULJLQDO SXUFKDVHU RQO\ RI WKH DSSOLDQFH
GHVFULEHG RQ WKH FHUWLILFDWH DQG VKDOO FRQVWLWXWH WKH RQO\ ZDUUDQW\ JLYHQ LQ UHVSHFW RI WKLV
DSSOLDQFH
7KH&RPSDQ\ZDUUDQWVWRWKHRULJLQDOSXUFKDVHUWKDWIRUDSHULRGRI7:2<($56IURPGDWHRI
SXUFKDVHWKHDSSOLDQFHLVIUHHIURPGHIHFWXQGHUQRUPDOGRPHVWLFXVHERWKLQZRUNPDQVKLSDQG
PDWHULDOVXEMHFWWRWKHIROORZLQJFRQGLWLRQV
5HSDLURUUHSODFHPHQWRIDQ\SDUWRIWKLVDSSOLDQFHIRXQGE\WKH&RPSDQ\WREHGHIHFWLYHVKDOOEH
DWWKHHOHFWLRQRIWKH&RPSDQ\7KH&RPSDQ\UHVHUYHVWKHULJKWWRHIIHFWVXFKVHUYLFHWKURXJKDQ\
RILWV6HUYLFH'LYLVLRQVRU$XWKRULVHG6HUYLFH'HDOHUV7KHFRVWRIVXFKVHUYLFHVKDOOEHERUQHE\
WKH&RPSDQ\LQIXOOSURYLGHGWKDWWKHDSSOLDQFHLVORFDWHGQRIXUWKHUWKDQNPIURPD&RPSDQ\
6HUYLFH&HQWUHRUDQ$XWKRULVHG6HUYLFH'HDOHU:KHUHWKHDSSOLDQFHLVORFDWHGEH\RQGWKHNP
UDGLXV WKH SXUFKDVHU VKDOO EH OLDEOH IRU WKH VWDQGDUG WUDYHOOLQJ FKDUJHV DV GHWHUPLQHG E\ WKH
&RPSDQ\
9LWUHRXV HQDPHOZDUH IXVHV DQG ODPSV DUH VSHFLILFDOO\ H[FOXGHG IURP WKHVH ZDUUDQWLHV ,W LV DQ
H[SUHVVFRQGLWLRQRIWKHVHZDUUDQWLHVWKDWWKHSXUFKDVHUWDNHVGXHFDUHDQGDWWHQWLRQLQWKHXVHDQG
PDLQWHQDQFH RI WKH DSSOLDQFH $EXVH PLVXVH LQ FRQIOLFW ZLWK RSHUDWLQJ LQVWUXFWLRQV FRQQHFWLRQ WR
LQFRUUHFWYROWDJHVDQGVXEMHFWLRQWRFRPPHUFLDOXVHVKDOOUHOHDVHWKH&RPSDQ\IURPLWVREOLJDWLRQV
7KLV ZDUUDQW\ VKDOO EHFRPH YRLG DQG FHDVH WR RSHUDWH LI WKH DSSOLDQFH LV GLVPDQWOHG E\ RU DQ\
UHSDLUV WR WKH DSSOLDQFH DUH HIIHFWHG E\ DQ\ SHUVRQV QRW GXO\ DXWKRULVHG E\ WKH &RPSDQ\ RU LI
VXEVWLWXWHSDUWVQRWDSSURYHGE\WKH&RPSDQ\DUHXVHGLQWKHDSSOLDQFHRULIWKHVHULDOQXPEHURI
WKHDSSOLDQFHLVUHPRYHG
7KH&RPSDQ\VKDOOQRWEHUHVSRQVLEOHIRUGDPDJHVUHVXOWLQJIURPILUHIORRGFLYLOGLVWXUEDQFHVRU
DQ\$FWRI*RG7KH&RPSDQ\VKDOOQRWLQWHUPVRIWKHVHZDUUDQWLHVEHUHVSRQVLEOHQRUKHOGOLDEOH
IRUDQ\FRQVHTXHQWLDOORVVRUGDPDJHRIDQ\NLQGFDXVHGE\RUGXHWRWKHIDLOXUHRUPDOIXQFWLRQRI
WKHDSSOLDQFH
7KH&RPSDQ\VKDOOQRWEHUHVSRQVLEOHIRUWUDQVSRUWDWLRQRURWKHUFRVWVRWKHUWKDQWKRVHLQFXUUHG
ZLWKLQWKHSURYLVLRQVRI3RLQWRIWKLV&HUWLILFDWH
)RUZDUUDQWLHVLQWKH5HSXEOLFRI6RXWK$IULFDDQG6XE6DKDUDQ$IULFDSOHDVHFRQWDFW\RXU
QHDUHVW 'HI\ RIILFH 3OHDVH UHIHU WR WKH SUHYLRXV SDJH IRU UHVSHFWLYH 6RXWK $IULFDQ VHUYLFH
DJHQWVDQG6XE6DKDUDQ$IULFDVHUYLFHDJHQWV
:KHUHVHUYLFHLVUHTXHVWHGXQGHUZDUUDQW\DQGQRIDXOWRUGHIHFWFDQEHIRXQGE\WKH&RPSDQ\
DOOFRVWVLQFXUUHGZLOOEHIRUWKHSXUFKDVHU
VDFFRXQW
7KHXQLWVDUHWREHVHUYLFHGHYHU\PRQWKVE\DQDXWKRULVHGLQVWDOOHUWHFKQLFLDQWKHFRVW
RIZKLFKLVIRUWKHSXUFKDVHUVDFFRXQW)DLOXUHWRHQVXUHWKDWDXQLWLVVHUYLFHGDFFRUGLQJWR
WKHSUHVFULEHGVHUYLFHLQWHUYDOVZLOOUHVXOWLQWKHZDUUDQW\EHFRPLQJYRLG
7KLV&HUWLILFDWHDVZHOODV\RXULQYRLFHZLOOVHUYHDVSURRIRISXUFKDVH)RUWKHSXUSRVHRIZDUUDQW\
LWZLOOEHHVVHQWLDOWRSURGXFHWKLV&HUWLILFDWHDQGLQYRLFH)DLOXUHWRGRVRZLOOUHQGHUWKHSXUFKDVHU
OLDEOHIRUVHUYLFHFRVWV
.((37+,6&(57,),&$7($1'6$/(6,192,&($63522)2)
385&+$6()25:$55$17<385326(6
3DJH