'(&(175$/,=('&$5'

,668$1&(6<67(0

23(5$7250$18$/
5HYLVLRQ



   &RS\ULJKW



,PSRUWDQW WKH WHFKQLFDO LQIRUPDWLRQ FRQWDLQHG LQ WKLV
PDQXDO LV SURSHUW\ RI 0$7,&$ 6\VWHP 6UO DQG LV VHFXUHG
E\ FRS\ULJKW 7KH WHUPV RI WKH OLFHQVH GHILQH DQG VSHFLI\
SHUPLWWHGXVHVDQGRWKHUOLPLWDWLRQV

5HSURGXFWLRQ RI DQ\ SDUW RI WKLV PDQXDO LQ DQ\ IRUP LV
IRUELGGHQZLWKRXWWKHH[SOLFLWZULWWHQ SHUPLVVLRQRI0$7,&$
6\VWHP6UO

7HFKQLFDO LQIRUPDWLRQ FRQWDLQHG LQ WKH SUHVHQW PDQXDO LV
VXEMHFWWRFKDQJHZLWKRXWQRWLFH,IQRWRWKHUZLVHVSHFLILHG
DQ\UHIHUHQFHWRFRPSDQLHVQDPHVGDWHVDQGDGGUHVVHVLV
SXUHO\LQFLGHQWDODQGLVRQO\LQWHQGHGWRLOOXVWUDWHWKHXVHRI
WKH0$7,&$6\VWHP6UOSURGXFW

(YHU\FDUHKDVEHHQWDNHQ LQ WKHFROOHFWLRQDQGYHULILFDWLRQ
RI WKH GRFXPHQWDWLRQ LQVHUWHG LQ WKLV PDQXDO QHYHUWKHOHVV
0$7,&$ 6\VWHP 6UO FDQQRW DVVXPH DQ\ UHVSRQVLELOLW\
GHULYLQJIURPLWVXVH




&RS\ULJKW‹0$7,&$6\VWHP6UO
$OOULJKWVUHVHUYHG
3XEOLVKHGE\0$7,&$6\VWHP6UO


3ULQWHGLQ,WDO\
,VVXH)HEUXDU\
5HYLVLRQ


0$7,&$6\VWHP6S$
YLD*XLGR5RVVD
±3DGHUQR'XJQDQR
0,/$1,7$/<
3KRQH
)D[


(PDLOWHFKVXSSRUW#PDWLFDV\VWHPFRP
:HEKWWSZZZPDWLFDV\VWHPFRP


=H2SHUDWRU0DQXDO 5HY 3DJH

   &RQWHQWV


7DEOHRIFRQWHQWV





&KDSWHU±,QWURGXFWLRQ

 6SHFLILFDWLRQV
 :DUQLQJV
 &KRLFHRIVLWH
 5HPRYDORIWKHSDFNDJH
 ,QVWDOODWLRQ



&KDSWHU±6WDUWXS

 &RQILJXUDWLRQ
 &RQVROH
 3RZHURQ
 :RUNLQJF\FOH



&KDSWHU±&RQVXPDEOHV

 &KDQJLQJ,QGHQWULEERQ
 &KDQJLQJ7LSSHUULEERQ



&KDSWHU±(UURU/LVW



&KDSWHU±&OHDQLQJ




=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU,QWURGXFWLRQ

&KDSWHU±,QWURGXFWLRQ



6SHFLILFDWLRQV

3URGXFWLYLW\
VHFRQGVSHUFDUGPDJVWULSHHPERVVLQJWLSSLQJ

&DUGKDQGOLQJ
$XWRPDWLFRUH[FHSWLRQFDUGIHHG
,QSXWKRSSHUFDSDFLW\FDUGV
2XWSXWKRSSHUFDSDFLW\FDUGV
5HMHFWKRSSHUFDSDFLW\FDUGV
&DUGVIRUPDW,626WG&5PP

&DUG3HUVRQDOL]DWLRQ
(PERVVLQJGUXPRUFKDUDFWHUV
&RORUWRSSLQJPRGXOHZLWKDULEERQVDYLQJIHDWXUH
1URISRVVLEOHSULQWVIRUWRSSLQJPRGXOHXSWRFDUGV

2SWLRQV
,QILOOHUGHYLFHUHDURUIURQWDQGRUUHDU
0DJQHWLFVWULSHHQFRGLQJ+L&R/R&R±VWGWUDFNV ,62
6LQJOH&RQWDFW(QFRGLQJ6WDWLRQ
6LQJOH&RQWDFWOHVV(QFRGLQJ6WDWLRQ

&RPPXQLFDWLRQ,QWHUIDFH
86%

6RIWZDUH
0DWLFDUG3URIRU:LQGRZVŠ
'LDJQRVWLFDQGVHWXSVRIWZDUHLQFOXGHG

2WKHU)HDWXUHV
/&'GLVSOD\[IXQFWLRQNH\V
,QWHUQDODQFKRULQJSRLQWVIRUEROWLQJGRZQWKHPDFKLQHWRDWDEOHWRS
&DELQHWHOHFWURQLFPHFKDQLFDOORFNLQJFRQWUROOHGE\VRIWZDUH
(QFU\SWLRQRIFDUGKROGHUSHUVRQDOGDWDUHFHLYHGIURPFHQWUDOVHUYHU
2SHUDWRUSDQHOIXOO\FRQWUROOHGE\WKHDSSOLFDWLRQ
3ULQWHURIIOLQHZKHQGRRULVRSHQ

'LPHQVLRQV :HLJKW
6LQJOH'UXP/[:[+[[FP
'XDO'UXP/[:[+[[FP
:HLJKWNJRUNJGHSHQGLQJRQWKHPRGHO

(OHFWULFDO5HTXLUHPHQWV
3RZHUVXSSO\WR9$&+]+]).

=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU,QWURGXFWLRQ

:DUQLQJV 

5HVSHFWWKHVHZDUQLQJVDQGIROORZWKHLQGLFDWLRQVODEHOHGRQWKHV\VWHP
3RZHU WKH V\VWHP WKURXJK WKH HOHFWULFDO SRZHU VXSSO\ LQGLFDWHG RQ WKH
UHODWHGODEHO
&RQQHFW WKH V\VWHP WR SOXJVLQ SURYLGHG ZLWK D JURXQGLQJ GHYLFH $YRLG
XVLQJ SOXJVLQ SODFHG RQ WKH VDPH FLUFXLW LQ FRQQHFWLRQ ZLWK PDFKLQHV
VWDUWLQJXSDQGVWRSSLQJSHULRGLFDOO\7DNHFDUHRIWKHSRZHUVXSSO\FDEOH
LQRUGHUWRDYRLGGDPDJLQJRUZHDULQJRXW
7KHV\VWHPKDVQHYHUWREHLQVWDOOHGQHDUKHDWRUFRROLQJVRXUFHV
:KHQ WKH FRYHU LV RSHQ WKH V\VWHP DXWRPDWLFDOO\ VWRSV DOO WKH PRWRUV
WKLVNLQGRIVDIHW\LVXVHIXOZKHQFOHDQLQJVDQGFKDQJLQJRIFRQVXPDEOHV
KDYHWREHSHUIRUPHG
2QO\ SHUIRUP WKH DGMXVWPHQWV UHSRUWHG LQ WKLV PDQXDO D ZURQJ
DGMXVWPHQWPD\FDXVHVHULRXVGDPDJHV



&KRLFHRIVLWH

)ROORZWKHLQVWUXFWLRQVUHSRUWHGEHORZWRFKRRVHWKHVLWHZKHUH\RXZDQW
WRSODFHWKH=HV\VWHPDQGWRUHPRYHWKHSDFNDJH

%HIRUHVWDUWLQJWKHLQVWDOODWLRQFKRRVHDZLGHDQGIXQFWLRQDODUHDZLWKWKH
IROORZLQJUHTXLUHPHQWV
 $ OHYHO DQG ULJLG VXUIDFH <LHOGLQJ VXUIDFHV OLNH SUHPDQXIDFWXUHG
SODWIRUPVRUIORRUVFRYHUHGZLWKDILWWHGFDUSHWGRQ¶WJXDUDQWHHWKH
ULJKWDOLJQPHQWRIWKHPRGXOHVPDNLQJXSWKH=HV\VWHP
 $JRRGDFFHVVLELOLW\/HDYHIUHHVSDFHVDOODURXQGWKHPDFKLQHU\LQ
RUGHU WR DOORZ DFFHVV WR LQVSHFWLRQ DQG PDLQWHQDQFH DUHDV DQG D
ULJKWYHQWLODWLRQRIWKHV\VWHP$OVROHDYHDWOHDVWRQHPHWHULQIURQW
RIWKHPDFKLQHVRWKDWWKHRSHUDWRUXVLQJWKHIURQWSDQHOKDVJRWD
SURSHUZRUNLQJDUHD
 )DYRUDEOH HQYLURQPHQW FRQGLWLRQV ,QVWDOO WKH =H V\VWHP LQ D FRRO
DQG GU\ SODFH DYRLG WRR FROG RU WRR ZDUP WHPSHUDWXUHV NHHS WKH
PDFKLQHU\IDUIURPKXPLGLW\GXVWDQGVPRNH'RQ¶WGLUHFWO\H[SRVH
WRKHDWRUVXQOLJKW1RHOHFWURPDJQHWLFLQWHUIHUHQFHV
 3URSHU HOHFWULFDO SRZHU VXSSO\ &RQQHFW WKH V\VWHP DQG LWV GHYLFHV
ZLWK FDEOHV ILW WR \RXU HOHFWULFDO SRZHU VXSSO\ QHW :KHQ XVLQJ
H[WHQVLRQV RU PXOWLSOH SOXJVLQ EH VXUH WKDW WKH WRWDO DEVRUSWLRQ
GRHVQ¶WH[FHHGWKHPD[LPXPDOORZHGYDOXH

=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU,QWURGXFWLRQ


5HPRYDORIWKHSDFNDJH

7KH=HV\VWHPLVGHOLYHUHGLQWRDFDUWRQER[
,W¶V QHFHVVDU\ WR SD\ DWWHQWLRQ WR WKH LQIUDVWUXFWXUHV¶ VL]H GRRUV KRLVWV
HWFWKURXJKZLWFKWKHPDFKLQHPXVWEHSDVVHGWREHGHILQLWLYHO\VHWWOHG
LQLWVVLWH

7RGLVPDQWOHWKHER[SHUIRUPWKHIROORZLQJSURFHGXUH
• 2SHQWKHWRSRIWKHER[UHPRYLQJWKHVWDSOHV
• 5HPRYHWKHWRSFXVKLRQV
• 5HPRYHWKHDFFHVVRULHVFDEOHVGRFXPHQWDWLRQHWF
• 3LFNXSWKHPDFKLQHDQGSXWLWRQDWDEOHXVLQJDWOHDVWWZRSHUVRQV
• 5HPRYHWKHSURWHFWLYHILOP

,W LV DGYLVDEOH WR NHHS WKH ER[ DQG WKH SURWHFWLYH PDWHULDOV IRU SRVVLEOH
UHXVH

,Q DGGLFWLRQ WR WKH PDFKLQH WKH IROORZLQJ FRPSRQHQWV DUH DOVR SDFNHG
LQVLGH 3RZHU FRUG 86% FDEOH 86% SHQ GULYH FRQWDLQLQJ 0DWLFDUG 3UR
6RIWZDUH2SHUDWRU0DQXDO,QVWDOO*XLGHDQGRWKHUGRFXPHQWDWLRQV


7KH86%SHQGULYHLVSODFHGRQWKHEDFNVLGHRIWKHPDFKLQH


  

=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU,QWURGXFWLRQ

,QVWDOODWLRQ

&RQQHFWWKHSRZHUFRUGDQGWKHLQWHUIDFH86%FDEOHRQWKHEDFNSDQHORI
WKHV\VWHPLISUHVHQWFRQQHFWDOVRWKH&KLSFRQWDFWVFDEOHDQGWKH5),'
FRQWDFWOHVV FDEOH 7KH VHUYLFH NH\ RQ WKH PDFKLQH EDFN SDQHO HQDEOH RU
GLVDEOHWKHFRYHURSHQVDIHW\,IWKHNH\FDQEHUHPRYHGWKHFRYHURSHQ
VDIHW\ LV HQDEOH VR WKH PDFKLQH VWRSV LI D FRYHU LV RSHQHG 2WKHUZLVH LI
WKH NH\ FDQ¶W EH UHPRYHG WKH FRYHU RSHQ VDIHW\ LV GLVDEOHG DQG WKH
PDFKLQHGRHVQ¶WVWRSHYHQLIDFRYHULVRSHQHG


86%SRUW

)XVH%R[
5),'FDEOH

0DLQ6ZLWFK

&KLSFDEOH

3RZHU&RUG

6HUYLFHNH\



2Q WKH VDPH VLGH LW¶V SODFHG WKH PDFKLQH ODEHO FRQWDLQLQJ WKH
VSHFLILFDWLRQV RI WKH V\VWHP YHULI\ WKDW WKH YROWDJH PDUNHG RQ WKH ODEHO
FRUUHVSRQGVZLWK\RXUFRXQWU\YROWDJHVXSSO\





7KHFRYHUVNH\DUHSODFHGRQWKHPDFKLQHVLGHRQHNH\IRUWKHRSHUDWRU
DUHD /RDGHU8QORGHU PRGXOHV DQG WKH RWKHU NH\ IRU WKH VHUYLFH DUHD
(QFRGHU(PERVVHU7LSSHUPRGXOHV


=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU±6WDUWXS

&KDSWHU±6WDUWXS



&RQILJXUDWLRQ


7KH=HV\VWHPLVSURYLGHGZLWKWKHIROORZLQJIHDWXUHV

>@ 0DQXDO)HHGDQG$XWRPDWLF,QSXW+RSSHU
>@ +L&R/R&R0DJQHWLF6WULSH(QFRGHUDVRSWLRQDO
>@ (PERVVLQJPRGXOH)URQWRU5HDU,QGHQWDVRSWLRQDO
>@ 6HFRQG (PERVVLQJ PRGXOHV DV RSWLRQDO )URQW RU 5HDU ,QGHQW DV
RSWLRQDO
>@ 7LSSHUPRGXOH
>@ 2XWSXW+RSSHUZLWK5HMHFW%R[


5HIHUWRSDUDJUDSKIRUGHWDLOVDQGWRFKDSWHUIRUFRQVXPDEOHV


>@ >@
>@
>@
>@
>@

=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU±6WDUWXS

&RQVROH

7KH=HFRQVROHLVPDGHE\

 /&'GLVSOD\OLQHVSHUFKDUDFWHUV

 7KUHHIXQFWLRQNH\V
• NH\&/($5XVHGWRFOHDUWKHHUURUFRQGLWLRQ
• NH\6(7XVHGWRXQORFNWKHHPERVVHUGUXPZKHQDSXQFKHUURU
RFFXUUHG
• NH\3$86(XVHGWRHQWHULQSDXVHPRGH
3UHVVLQJ3$86(WKH5('/('ZLOOEOLQN1RZXVHNH\&/($5WRKDYHD
³6WHS WR 6WHS´ PRWRU PRWLRQ :KHQ ILQLVKHG SUHVV 3$86( NH\ DQG
&/($5NH\DJDLQ

 7ZRFRORUV/('ZLWKWKHIROORZLQJPHDQLQJ
• *5((1FRORUZKHQWKHPDFKLQHLV5($'<
• 5('FRORUZKHQWKHPDFKLQHLVLQ$/$50
• *5((15('<(//2:ZKHQWKHPDFKLQHLV%86<







3RZHURQ

3RZHURQWKHPDFKLQHE\VZLWFKLQJWKHPDLQVZLWFKLQWKH,SRVLWLRQ
7KHGLVSOD\ZLOOVKRZWKHILUPZDUHYHUVLRQDQGWKHQWKHSRZHURQVWDWXV



3UHVV&/($5RQWKHFRQVROHDQGWKHPDFKLQHZLOOEHFRPHUHDG\DQGWKH
GLVSOD\ZLOOVKRZWKH7LSSHUWHPSHUDWXUH

=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU±6WDUWXS


:RUNLQJF\FOH

7R SHUIRUP D ZRUNLQJ F\FOH \RX PXVW LQWURGXFH WKH SODVWLF FDUGV WR EH
SHUVRQDOL]HGLQWRWKHPDQXDOIHHGVORWRULQWRWKHDXWRPDWLF,QSXW+RSSHU





,QVHUWWKHFDUGLQWRWKHPDQXDOIHHGVORWZLWKWKHPDJQHWLFVWULSHRQWKH
ERWWRPOHIWVLGHRIWKHFDUGWKHQ\RXKDGWRUXQWKHGHVLUHGMREZLWKWKH
0DWLFDUG3URVRIWZDUH


=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU±6WDUWXS


6HSDUDWHWKHFDUGVEHIRUHLQVHUWLQJWKHPLQWRWKH,QSXW+RSSHUWRUHPRYH
DQ\SRVVLEOHHOHFWURVWDWLFHQHUJ\ZKLFKFRXOGVWXFNWKHFDUGVWRJHWKHU
,QVHUWWKHFDUGLQWRWKHDXWRPDWLF,QSXW+RSSHUZLWKWKH PDJQHWLFVWULSH
RQ WKH ERWWRP OHIW VLGH RI WKH FDUG WKHQ \RX KDG WR UXQ WKH GHVLUHG MRE
ZLWKWKH0DWLFDUG3URVRIWZDUH





7KH FDUG LV WDNHQ E\ WKH FODPS DQG ILUVW PRYHG WRZDUGV WKH (QFRGHU LI
SUHVHQW 7KLV PRGXOH HQFRGHV ZULWH  UHDG WKH PDJQHWLF VWULSH RQ WKH
FDUGZLWKDFDSDFLW\RIUHDGLQJZULWLQJWUDFNVDWKLJKRUORZFRHUFLYLW\
1RZ WKH FODPS PRYHV XQGHU WKH FKLS FRQWDFWV LI SUHVHQW LQ RUGHU WR
SHUVRQDOL]HDVPDUWFDUGWKHQWKHFODPSPRYHVRYHUWKH5),'VWDWLRQLI
SUHVHQWLQRUGHUWRSHUVRQDOL]HDFRQWDFWOHVVVPDUWFDUG


=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU±6WDUWXS


1RZWKHFODPSPRYHVLQWKHILUVW(PERVVHUPRGXOH7KLVPRGXOHHPERVV
WKH FKDUDFWHUV SUHVHQW LQWR LWV GUXP LQ WKH GHVLUHG SRVLWLRQ RQ WKH FDUG
DQGFDQEHHTXLSSHGZLWKDQLQGHQWPRGXOHIURQWRUUHDUWRSHUIRUPWKH
LQGHQWLQJSHUVRQDOL]DWLRQ





7KHQ WKH FODPS PRYHV LQ WKH VHFRQG (PERVVHU PRGXOH LI SUHVHQW $OVR
WKLV PRGXOH HPERVV WKH FKDUDFWHUV SUHVHQW LQWR LWV GUXP LQ WKH GHVLUHG
SRVLWLRQRQWKHFDUGDQGFDQEHHTXLSSHGZLWKDQLQGHQWPRGXOHIURQWRU
UHDUWRSHUIRUPWKHLQGHQWLQJSHUVRQDOL]DWLRQ


=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU±6WDUWXS


1RZ WKH FDUG SDVVHV LQWR WKH 7LSSHU PRGXOH ZKLFK FRORUV WKH HPERVVHG
FKDUDFWHUVWKHFRORUGHSHQGVRQWKHNLQGRIULEERQPRXQWHG





$W WKH HQG RI WKH F\FOH WKH FDUG LV VWRUHG LQ WKH 2XWSXW PRGXOH LI WKH
FDUG LV ZHOO SHUVRQDOL]HG ZLOO EH LQ WKH ORZHU 2XWSXW +RSSHU ZKLOH LI WKH
FDUGLVUHMHFWHGRUGHIHFWLYHZLOOEHLQWKHXSSHU5HMHFW%R[
7RWDNHWKHSHUVRQDOL]HGFDUGSXOORXWWKHUHODWHGWUD\





=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU±&RQVXPDEOHV

&KDSWHU±&RQVXPDEOHV

&KDQJLQJ,QGHQWULEERQ

8QVFUHZWKHFRYHUVRIQHZDQGXVHGULEERQSRLQW$DQG*
5HPRYHWKHXVHGULEERQ
$VVHPEO\ WKH QHZ ULEERQ IROORZLQJ WKH SDWK VKRZHG LQ WKH ILJXUHV DQG
IL[LQJQHZULEERQIURPSRLQWµ$¶WRSRLQWµ*¶
5HPHPEHU WR DVVHPEOH WKH ULEERQ ZLWK LQN IDFLQJ GRZQ IRU WKH µ,QILOOHU
WRS¶RUZLWKLQNIDFLQJXSIRUWKHµ,QILOOHUUHDU¶LQNVLGHLVWKHRQHRSDTXH
$OVR UHPHPEHU WR PDNH WKH ULEERQ SDVV WKURXJK WKH SKRWRFHOO LQ
FRUUHVSRQGHQFHRISRLQW'
6FUHZWKHULEERQFRYHUVDJDLQDQGUHVHWWKHHUURURQWKHGLVSOD\

 B

 A

 ,QILOOHU7RS
G


 F
 C E





 D B

 A


 G

 F
 C E


 ,QILOOHU5HDU



D

=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU±&RQVXPDEOHV


&KDQJLQJ7LSSHUULEERQ


 :$51,1* 


7+(7,33(5,6$1+27$5($:25.&$5()8//<


3RZHURIIWKHPDFKLQHUHPRYHWKHSOXJDQGRSHQWKHFRYHU
3XOOWKHEODFNNQREDQGUHPRYHWKHULEERQVSRRO


=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU±&RQVXPDEOHV


&XWWKHXVHGULEERQ





$SSO\DQDGKHVLYHWDSHKDOIWRWKHXVHGULEERQ


=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU±&RQVXPDEOHV


$SSO\WKHRWKHUDGKHVLYHWDSHKDOIWRWKHQHZULEERQ





+ROGWKHULEERQDQGSXOOWKHEODFNNQRE


=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU±&RQVXPDEOHV


,QVHUWWKHULEERQVSRROLQWRLWVWZRIL[LQJGLVNVDQGOHDYHWKHEODFNNQRE





3XVKWKH7LSSHUEXWWRQWRXQZLQGWKHULEERQWURXJKLWVSDWK


=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU±&RQVXPDEOHV


:KHQ WKH QHZ ULEERQ LV FRPSOHWHO\ ZUDSSHG DURXQG WKH ZLQGLQJ VSRRO
UHOHDVHWKH7LSSHUEXWWRQ
&ORVH WKH FRYHU SOXJ DQG SRZHU RQ WKH PDFKLQH LQ D PLQXWH WKH 7LSSHU
ZLOOEHUHDG\WRZRUN







=H2SHUDWRU0DQXDO 5HY 3DJH
   &KDSWHU±(UURU/LVW

&KDSWHU±(UURU/LVW

:KHQDQHUURURFFXUUHGWKH/&'ZLOOVKRZWKHPHVVDJHVOLVWHGEHORZ
$SSO\WKHSURSHUSURFHGXUHWRUHPRYHWKHHUURUFRQGLWLRQDQGWKHQSUHVV
&/($5NH\WRFRQWLQXHSOHDVHUHDGFDUHIXOO\WKHHUURUFRPPHQWV


(5525&2'($1''(6&5,37,21
 
()071ƒ(55
()071$0(
(&$5'',0
(81,70($685
(),(/'1$0(
(<&225',1$7(
(;&225',1$7(
(0$1<),(/'6
6<03720$1'&255(&7,9($&7,21
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDWHUURU
7KHIRUPDWQXPEHUPXVWEHIURPWRIRUWKHHPERVVLQJ
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDWHUURU
7KH)RUPDWQDPHLVPD[GLJLW$63$&(RU&5PXVW
VHSDUDWHWKHIRUPDWQDPHWRWKHQH[WFRPPDQG
))1 7(67<;Æ2.
))1 7(67<;Æ:521*
))1 7(67<;Æ:521*
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDWHUURU
:URQJ6;RU6<FRPPDQG
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDWHUURU
:URQJ8QFRPPDQG
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDWHUURU
7KH)LHOGQDPHLVPD[GLJLW$63$&(RU&5PXVWVHSDUDWH
WKH)LHOGQDPHWRWKHQH[WSDUDPHWHU
1 /,1(<;Æ2.
1 /,1(<;Æ:521*
1 /,1(<;Æ:521*
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDWHUURU
2.<;<;<;
:521*<;<;<;
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDWHUURU
2.<;<;<;
:521*<;<;<;
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDWHUURU
<RXH[FHHGWKHPD[LPXPQXPEHURIILHOGVPD[
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDWHUURU
()217(5525
8VHIRQW)RUIRQW)
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDWHUURU
(&+$563$&(
:URQJ&LQQRU&6QQSDUDPHWHUV
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDW
(),(/'(55
&KHFNWKHV\QWD[
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDW
(),;),(/'
&KHFNWKHV\QWD[
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDW
(127),(/'6
7KHIRUPDWQHHGVDWOHDVWILHOGWREHXVHG
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDW
(127&203/(7(
&KHFNWKHILHOG
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDW
(),(/'&0'
&RPPDQGRU3DUDPHWHUZURQJ
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDW
7KHIRUPDWPHPRU\LVRYHU
()070(025<
5HHGLWLQJWKHVWRUHGIRUPDWDQGUHPRYHQRWQHHGHG6SDFHVLQ
RUGHUWRUHGXFHWKHXVHGPHPRU\
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDW
(),(/'%8))(5
<RXH[FHHGWKHPD[LPXPQXPEHURIFKDUDFWHUV

=H2SHUDWRU0DQXDO 5HY 3DJH

  

(5525&2'($1''(6&5,37,21
 
(,//(*$/&+5
(35272&2/
(&+$5217.V
(29)/(5'$7$
(&$5','(55
(0$&+,1(67$7
(),(/'(1&
('28%/(&0'
()(('(5&200
&KDSWHU±(UURU/LVW
6<03720$1'&255(&7,9($&7,21
)RUPDWHUURUFKHFNWKHHPERVVLQJIRUPDW
$ZURQJFKDUDFWHULVUHFHLYHGDQGFDQQRWEHHPERVV
3URWRFROJHQHULFHUURU
<RX¶UHWU\LQJWRHQFRGHZURQJFKDUDFWHUV
3OHDVHFKHFNWKHHQFRGLQJGDWD
7RRODUJHEXIIHUHUURU
&DG,'HUURULQUHDGEDFNPRGHFKLSSHUVRQDOL]DWLRQRUFDUG,'
ILHOG
0DFKLQHVWDWXVHUURUZKHQWKHVHWXSLVFRPLQJYLD6(3
SURWRFRO
(QFRGHUGDWDHUURU
&RPPDQGDOUHDG\VHQW
&RPPXQLFDWLRQHUURU3OHDVHWXUQ2))WXUQ21WKHPDFKLQH
)HHGHUGRZQSRVLWLRQHUURUFKHFNLI
D&DUGMDP
(6(1625'2:1
E'RZQSRVLWLRQVHQVRUGDPDJHG
F/RDGLQJPRWRUGDPDJHG
)HHGHUXSSRVLWLRQHUURUFKHFNLI
D&DUGMDP
(6(162583
E8SSRVLWLRQVHQVRUGDPDJHG
F/RDGLQJPRWRUGDPDJHG
1RFDUGHQWHUVWKHPDJQHWLFPRGXOH
,IWKHKRSSHULVHPSW\DGGFDUGV
,IWKHKRSSHULVQ
WHPSW\FKHFNLI
D&DUGVDUHVWXFNWRJHWKHU
()(('(037< E&DUGVDUHERZHG
F0HFKDQLFDOLPSHGLPHQWV
G$OLJQPHQWEHWZHHQPRGXOHV
H7KH'&PRWRUPRYHVFRUUHFWO\
I&KHFNIRUFRUUHFWFRQQHFWLRQRIWKHPRWRURQWKHERDUG
J5HSODFHWKHPRWRU
()(('(5-$0 )HHGFDUGHUURU
(UURURQPRGXOHFDUGRXWSXW&KHFNLI
D&DUGMDP
(&$5'287
E&DUGVHQVRUGDPDJHG
F0RWRUGDPDJHG
7KHFDUGFDQ¶WEHORDGHGFKHFNLI
D&DUGMDP
(1281/2$'
E8QORDGLQJVHQVRUGDPDJHG
F8QORDGLQJPRWRUGDPDJHG
(81/12029( 7KHPRGXOHFDQ¶WPRYH&KHFNWKHPRWRU
((1&&200 &RPPXQLFDWLRQHUURU3OHDVHWXUQ2))WXUQ21WKHPDFKLQH
(0$*'$7$ ,QYDOLGGDWD
7KHPDFKLQHVWRSVZLWKDFDUGLQWKHPDJQHWLFPRGXOH
(7.(037< D&KHFNLIWKHFDUGVDUHXSVLGHGRZQ
E&KHFNLIWKHHQFRGHUKHDGLVFRQQHFWHGFRUUHFWO\RQWKH
ERDUGWZRFRQQHFWRUV
7KHPDFKLQHVWRSVZLWKDFDUGLQWKHPDJQHWLFPRGXOH
(7.(037< D&KHFNLIWKHFDUGVDUHXSVLGHGRZQ
E&KHFNLIWKHHQFRGHUKHDGLVFRQQHFWHGFRUUHFWO\RQWKH
ERDUGWZRFRQQHFWRUV
7KHPDFKLQHVWRSVZLWKDFDUGLQWKHPDJQHWLFPRGXOH
D&KHFNLIWKHFDUGVDUHXSVLGHGRZQ
(7.(037<
E&KHFNLIWKHHQFRGHUKHDGLVFRQQHFWHGFRUUHFWO\RQWKH
ERDUGWZRFRQQHFWRUV

=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU±(UURU/LVW


(5525&2'($1''(6&5,37,21 6<03720$1'&255(&7,9($&7,21
 
7KHPDFKLQH6WRSVZLWKDFDUGLQWKHPDJQHWLFPRGXOH
(7.(5525 D&KHFNLIWKHPDJQHWLFVWULSHLVVFUDWFKHGGLUW\RQWUDFN
E&OHDQHQFRGHUKHDG
F&KHFNIRUWLPLQJEHOWWHQVLRQ
7KHPDFKLQHVWRSVZLWKDFDUGLQWKHPDJQHWLFPRGXOH
(7.(5525 D&KHFNLIWKHPDJQHWLFVWULSHLVVFUDWFKHGGLUW\RQWUDFN
E&OHDQHQFRGHUKHDG
F&KHFNIRUWLPLQJEHOWWHQVLRQ
7KHPDFKLQHVWRSVZLWKDFDUGLQWKHPDJQHWLFPRGXOH

(7.(5525 D&KHFNLIWKHPDJQHWLFVWULSHLVVFUDWFKHGGLUW\RQWUDFN
E&OHDQHQFRGHUKHDG
(7.67;
(7.67;
(7.67;
(&+,3(5525
(&29(523(1
(&29(523(1
F&KHFNIRUWLPLQJEHOWWHQVLRQ
(UURURQWKHWUDFN6WDUW6HQWLQHO
(UURURQWKHWUDFN6WDUW6HQWLQHO
(UURURQWKHWUDFN6WDUW6HQWLQHO
6PDUWFDUGUHDGLQJZULWLQJHUURU
7KHPDFKLQHFRYHULVRSHQ
6HH(WKHHUURUKDSSHQHGZKLOHWKH(PERVVHUZDV
SXQFKLQJVRWKHFDUGZLOOEHUHMHFWHG
&KHFNIRU;KRPHVHQVRU
D;KRPHVHQVRULVGLUW\FOHDQLWZLWKFRPSUHVVHGDLURUOLQW
IUHHFORWK
(;+20( E;KRPHVHQVRULVQ¶WFRQQHFWHGFRUUHFWO\RQWKHERDUG
&KHFNWKDWDOOSXOOH\VDUHIL[HGRQWKHVKDIW
&KHFN;PRWRUFRQQHFWLRQ
&KHFNWKHEHOW¶VVWDWH
&DUGLVSLFNHGE\HPERVVLQJFODPSDQGLVWDNHQWRWKH
HPERVVHU¶VH[LW
&KHFNIRU;HQGVHQVRU
D;HQGVHQVRULVGLUW\FOHDQLWZLWKFRPSUHVVHGDLURUOLQW
IUHHFORWK
(;(1'
E;HQGVHQVRULVQ¶WFRQQHFWHGFRUUHFWO\RQWKHERDUG
F5HPRYHDQ\LPSHGLPHQWVDORQJWKH;HPERVVLQJWUDYHO
G&KHFNWKDWDOOSXOOH\VDUHIL[HGRQWKHVKDIW
H&KHFN;PRWRUFRQQHFWLRQ
((0%;(1'
(<+20(
((0%<+20(
=H2SHUDWRU0DQXDO
I&KHFNWKHEHOW¶VVWDWH
6HH(WKHHUURUKDSSHQHGZKLOHWKH(PERVVHUZDV
SXQFKLQJVRWKHFDUGZLOOEHUHMHFWHG
&DUGLVHPERVVHGLQDZURQJZD\
<D[LVPRYHPHQWHUURU
5HPRYHDQ\LPSHGLPHQWVDORQJWKHHPERVVLQJ<WUDYHO
6HH(WKHHUURUKDSSHQHGZKLOHWKH(PERVVHUZDV
SXQFKLQJVRWKHFDUGZLOOEHUHMHFWHG
5HY 3DJH
   &KDSWHU±(UURU/LVW


(5525&2'($1''(6&5,37,21 6<03720$1'&255(&7,9($&7,21
 
7KHFDUGFDQHYHQEHSLFNHGRUQRWE\WKHHPERVVHU¶VFODPS
DQGWKHHPERVVLQJVHTXHQFHRIWKHILUVWGUXPLVQ¶WFRPSOHWHG
FRUUHFWO\
,IWKHFODPSSLFNVWKHFDUGEXWGRHVQ¶WVWDUWSXQFKLQJDQGWKH
GUXPNHHSVRQPRYLQJ
D&KHFNGUXPPRWRUKRPHVHQVRU
E'UXPPRWRUKRPHVHQVRULVGLUW\FOHDQLWZLWKFRPSUHVVHG
DLURUOLQWIUHHFORWK
F'UXPPRWRUKRPHVHQVRULVQ¶WFRQQHFWHGFRUUHFWO\RQWKH
('58002725 ERDUG
,IWKHFDUGLVSLFNHGEXWLWLVHPERVVHGLQDZURQJZD\
FKHFN
D%HOWWHQVLRQ
E,ISXOOH\VDUHIL[HGRQWKHVKDIWV
F,IWKHPRWRULVPRYLQJFRUUHFWO\RULWVWDOOV
,IWKHFDUGLVSLFNHGE\WKHFODPSEXWWKHGUXPGRHVQ¶WPRYH
FKHFN
D'UXPPRWRUFRQQHFWLRQRQWKHERDUG
6HH(WKHHUURUKDSSHQHGZKLOHWKH(PERVVHUZDV
((0%'580 SXQFKLQJVRWKHFDUGZLOOEHUHMHFWHG
7KHFODPSKROGVWKHFDUGEXWWKHHPERVVLQJF\FOHGRHVQ¶W
VWDUW
&KHFNWKHHQWU\VHQVRU
D(QWU\VHQVRULVGLUW\FOHDQLWZLWKFRPSUHVVHGDLURUOLQW
IUHHFORWK
E(QWU\VHQVRULVQ¶WFRQQHFWHGFRUUHFWO\RQWKHERDUG
7KHFODPSPRYHVVWUDLJKWWRHPERVVLQJDUHDZLWKRXWDFDUG
(&$5'0,6)((' RUDIWHUKDYLQJPDGHDEDGQRLVH
D&KHFNIRU<KRPHVHQVRU
E<KRPHVHQVRULVGLUW\FOHDQLWZLWKFRPSUHVVHGDLURUOLQW
IUHHFORWK
F<KRPHVHQVRULVQ¶WFRQQHFWHGFRUUHFWO\RQWKHERDUG
G&KHFN<PRWRUHOHFWULFDOFRQQHFWLRQV
H&KHFNLIWKHSXOOH\LVIL[HGRQ<PRWRUVKDIW
I&KHFNEHOWVWDWH
7KHHPERVVLQJFODPSSLFNVWKHFDUGEXWWKHHPERVVLQJ
VHTXHQFHRIWKHILUVWGUXPLVQ¶WFRPSOHWHGFRUUHFWO\
&KHFNIRUDQ\PHFKDQLFDOLPSHGLPHQWVDORQJWKHHPERVVLQJ
OHYHUDJH
,IWKHFDUGLVSLFNHGE\WKHHPERVVHU¶VFODPSEXWMXVWRQH
FKDUDFWHULVHPERVVHG
D&KHFNSXQFKPRWRUKRPHVHQVRU
E3XQFKPRWRUKRPHVHQVRULVGLUW\FOHDQLWZLWK
FRPSUHVVHGDLURUOLQWIUHHFORWK
F3XQFKPRWRUKRPHVHQVRULVQ¶WFRQQHFWHGFRUUHFWO\RQWKH
(381&+(5525
ERDUG
,IWKHFDUGGDWDDUHQ¶WHPERVVHGFRUUHFWO\FKHFN
D%HOWVWDWXV
E$OOSXOOH\VDUHIL[HGRQWKHVKDIWFRUUHFWO\
7KHFDUGLVSLFNHGFRUUHFWO\E\WKHHPERVVHU¶VFODPSDQGLWLV
SODFHGFRUUHFWO\XQGHUWKHGUXPEXWWKHHPERVVHU
PHFKDQLVPGRHVQ¶WVWDUWFKHFN
D,IWKHHPERVVLQJPRWRULVFRQQHFWHGFRUUHFWO\RQWKH
ERDUG
EUHSODFHWKHPRWRU
&DUGQRWSXQFKHGE\WKHILUVWHPERVVHULQLQILOOZD\
,IULEERQLVILQLVKHGUHSODFHLW
(5,%%21,1) ,IULEERQLVQ¶WILQLVKHG
D&KHFNLIULEERQLVLQVWDOOHGFRUUHFWO\
EFKHFNLIULEERQDGYDQFHVHQVRULVZRUNLQJFRUUHFWO\

=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU±(UURU/LVW


(5525&2'($1''(6&5,37,21 6<03720$1'&255(&7,9($&7,21
 
&DUGFRUUHFWO\ORDGHGDQGWKHQORVWE\WKH(PERVVHUFDUG
JXLGH
(&$5'/267
D&DUGKDVEHHQPLVWDNHQO\UHPRYHG
E&DUGMDPVLQWKHSUHYLRXVPRGXOH
&DUULDJHSRVLWLRQRYHUWKHOLPLW&KHFNLI
(;<29(5)/2: D7RRPDQ\FKDUDFWHUVLQWKHIRUPDW
E:URQJIRUPDWFRRUGLQDWHV
7KHFDUGFDQHYHQEHSLFNHGRUQRWE\WKHHPERVVHU¶VFODPS
DQGWKHHPERVVLQJVHTXHQFHRIWKHVHFRQGGUXPLVQ¶W
FRPSOHWHGFRUUHFWO\
,IWKHFODPSSLFNVWKHFDUGEXWGRHVQ¶WVWDUWSXQFKLQJDQGWKH
GUXPNHHSVRQPRYLQJ
D&KHFNGUXPPRWRUKRPHVHQVRU
E'UXPPRWRUKRPHVHQVRULVGLUW\FOHDQLWZLWKFRPSUHVVHG
DLURUOLQWIUHHFORWK
F'UXPPRWRUKRPHVHQVRULVQ¶WFRQQHFWHGFRUUHFWO\RQWKH
('58002725 ERDUG
,IWKHFDUGLVSLFNHGEXWLWLVHPERVVHGLQDZURQJZD\
FKHFN
D%HOWWHQVLRQ
E,ISXOOH\VDUHIL[HGRQWKHVKDIWV
F,IWKHPRWRULVPRYLQJFRUUHFWO\RULWVWDOOV
,IWKHFDUGLVSLFNHGE\WKHFODPSEXWWKHGUXPGRHVQ¶WPRYH
FKHFN
((0%'580
D'UXPPRWRUFRQQHFWLRQRQWKHERDUG
6HH(WKHHUURUKDSSHQHGZKLOHWKH(PERVVHUZDV
SXQFKLQJVRWKHFDUGZLOOEHUHMHFWHG
7KHHPERVVLQJFODPSSLFNVWKHFDUGEXWWKHHPERVVLQJ
VHTXHQFHRIWKHVHFRQGGUXPLVQ¶WFRPSOHWHGFRUUHFWO\
&KHFNIRUDQ\PHFKDQLFDOLPSHGLPHQWVDORQJWKHHPERVVLQJ
OHYHUDJH
,IWKHFDUGLVSLFNHGE\WKHHPERVVHU¶VFODPSEXWMXVWRQH
FKDUDFWHULVHPERVVHG
D&KHFNSXQFKPRWRUKRPHVHQVRU
E3XQFKPRWRUKRPHVHQVRULVGLUW\FOHDQLWZLWK
FRPSUHVVHGDLURUOLQWIUHHFORWK
F3XQFKPRWRUKRPHVHQVRULVQ¶WFRQQHFWHGFRUUHFWO\RQWKH
(381&+(5525
ERDUG
,IWKHFDUGGDWDDUHQ¶WHPERVVHGFRUUHFWO\FKHFN
D%HOWVWDWXV
E$OOSXOOH\VDUHIL[HGRQWKHVKDIWFRUUHFWO\
7KHFDUGLVSLFNHGFRUUHFWO\E\WKHHPERVVHU¶VFODPSDQGLWLV
SODFHGFRUUHFWO\XQGHUWKHGUXPEXWWKHHPERVVHU
PHFKDQLVPGRHVQ¶WVWDUWFKHFN
D,IWKHHPERVVLQJPRWRULVFRQQHFWHGFRUUHFWO\RQWKH
ERDUG
EUHSODFHWKHPRWRU
&DUGQRWSXQFKHGE\WKHVHFRQGHPERVVHULQLQILOOZD\
,IULEERQLVILQLVKHGUHSODFHLW
(5,%%21,1) ,IULEERQLVQ¶WILQLVKHG
D&KHFNLIULEERQLVLQVWDOOHGFRUUHFWO\
EFKHFNLIULEERQDGYDQFHVHQVRULVZRUNLQJFRUUHFWO\

=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU±(UURU/LVW


(5525&2'($1''(6&5,37,21
 
(7,33(5&200
(7,33(5+20(
6<03720$1'&255(&7,9($&7,21
&RPPXQLFDWLRQHUURU3OHDVHWXUQ2))WXUQ21WKHPDFKLQH
7KHFDUGUHPDLQHGXQGHUWKHWLSSLQJ]RQHZLWKWKHSODWHQ
SXVKLQJRQWKHFDUG
&KHFNIRUDQ\PHFKDQLFDOLPSHGLPHQWVDORQJWKHWLSSLQJ
PRYHPHQW
7KHWLSSHUULEERQIRLOGRHVQ¶WDGYDQFHFRUUHFWO\
&KHFNLIWLSSHUULEERQIRLOLVILQLVKHG
D5HSODFHULEERQ
,IWKHFDUGLVDWWDFKHGWRWKHULEERQZLWKHPERVVHGFKDUV
IODWWHQHG
D&KHFNSODWHPRYHPHQWVHQVRU
E3ODWHPRYHPHQWVHQVRULVGLUW\FOHDQLWZLWKFRPSUHVVHG
DLURUOLQWIUHHFORWK
F3ODWHPRYHPHQWVHQVRULVQ¶WFRQQHFWHGFRUUHFWO\RQWKH
ERDUG
G&KHFNPRWRUWLSSLQJHQFRGHUVHQVRU
H0RWRUWLSSLQJHQFRGHUVHQVRULVGLUW\FOHDQLWZLWK
(7,335,%%21
FRPSUHVVHGDLURUOLQWIUHHFORWK
I0RWRUWLSSLQJHQFRGHUVHQVRULVQ¶WFRQQHFWHGFRUUHFWO\RQ
WKHERDUG
,IWKHFDUGLVWLSSHGFRUUHFWO\EXWGRHVQ¶WOHDYHPRGXOHFKHFN
D7DNHXSULEERQPRWRU¶VFRQQHFWLRQV
,IWKHULEERQPRYHVFRUUHFWO\EXWWKHFDUGLVQRWWLSSHG
D&KHFNULEERQDGYDQFHHQFRGHUVHQVRU
E7KHULEERQDGYDQFHHQFRGHUVHQVRULVGLUW\FOHDQLWZLWK
FRPSUHVVHGDLURUOLQWIUHHFORWK
F5LEERQDGYDQFHHQFRGHUVHQVRULVQ¶WFRQQHFWHGFRUUHFWO\RQ
WKHERDUG
G7KHWLSSLQJULEERQIRLOPD\VOLSRQRQHRIWKHVKDIW
6HH ( WKH HUURU KDSSHQHG ZKLOH WKH (PERVVHU ZDV
(7,335,%%21
SXQFKLQJVRWKHFDUGZLOOEHUHMHFWHG
7RRPXFKSUHVVXUHRQWKH7LSSHUSDG&KHFNLI
D7RRPXFKSDGVWHSVLQWKHIRUPDW
(7,33(535(66
E3DGVHQVRUGDPDJHGRUGLVFRQQHFWHG
F7LSSHUHQFRGHUGLVNGDPDJHG
(:$,77(03(5 :DLWLQJIRUWKHFRUUHFWWHPSHUDWXUHIRUWKHWLSSHU
7LSSHUWHPSHUDWXUHWRRORZƒ&KHFNLI
(7(03722/2: D+HDWLQJSUREHGLVFRQQHFWHGRUGDPDJHG
E7HPSHUDWXUHSUREHGLVFRQQHFWHGRUGDPDJHG
7LSSHUWHPSHUDWXUHWRRKLJKRYHUƒ&KHFNLI
(7(03+,*+ D+HDWLQJSUREHGLVFRQQHFWHGRUGDPDJHG
E7HPSHUDWXUHSUREHGLVFRQQHFWHGRUGDPDJHG


=H2SHUDWRU0DQXDO 5HY 3DJH

   &KDSWHU±&OHDQLQJ

&KDSWHU±&OHDQLQJ

7RHQVXUHWKDWWKHV\VWHPRSHUDWHVFRUUHFWO\LWLVQHFHVVDU\WRFDUU\RXW
SHULRGLF FOHDQLQJ RI VRPH RI WKH FRPSRQHQWV WKDW RWKHUZLVH FRXOG FDXVH
SUREOHPVLQFDUGVSURGXFWLRQ
7RFOHDQDOOWKHWUDQVSRUWUXEEHUUROOVRIWKHV\VWHPWKH(QFRGHUPRGXOH
KHDGDQGWKH&KLSFRQWDFW>@\RXPXVWDEVROXWHO\XVHLVRSURS\ODOFRKRO
DWWKLVSXUSRVHLWFDQEHXVHGDFOHDQLQJFDUGVXSSOLHGE\0DWLFD
7RFOHDQWKHWZR/RDGHUUROOV>@XVHDFOHDQFORWKPRLVWHQZLWKZDWHU


>@
>@
>@
>@ >@ >@ >@

>@




,W LV UHFRPPHQGHG WR XVH WKH DIRUHVDLG SURGXFWV RQO\ IRU WKH LQGLFDWHG
FRPSRQHQWVLQRUGHUWRDYRLGGDPDJLQJWKHV\VWHP
,WLVDOVRXVHIXOWRFDUU\RXWDSHULRGLFJHQHUDOFOHDQLQJRIWKHV\VWHPE\
XVLQJDYDFXXPFOHDQHUHYHU\ZHHN

7KH ³3UHYHQWLYH 0DLQWHQDQFH 6FKHGXOH´ LQFOXGHV DOO WKH RSHUDWLRQV DQG
DFWLRQV IXQGDPHQWDO IRU WKH UHOLDELOLW\ RI WKH V\VWHP DQG PXVW EH
SHUIRUPHGE\TXDOLILHGWHFKQLFDOSHUVRQQHO
7KHQRQFRUUHFWRUPLVVLQJPDLQWHQDQFHH[HFXWLRQFDQFDUU\RXWWKHGHFD\
RIWKHZDUUDQW\LQHYHU\IRUPDQGW\SH

35(9(17,9(0$,17(1$1&(6&+('8/(
7LPH &OHDQLQJ
'DLO\ &OHDQOLQHVVRIHQFRGLQJKHDG
&OHDQOLQHVVDQGUHPRYDORIGXVWDQGGLUW\IURPWKHPDFKLQH
:HHNO\RUFDUGV &OHDQOLQHVVRIDOOPDFKLQHUXEEHUUROOV
&OHDQOLQHVVRIFKLSFRQWDFW
0RQWKO\ &OHDQOLQHVVRIVHQVRUV

127( %HOWV 5XEEHU 5ROOV 6SULQJV *HDUV  3XOOH\ DQG (QFRGLQJ +HDGV
DUHFRQVLGHUHGZRUQRXWSDUWVDQGQRWFRYHUHGE\PDFKLQHZDUUDQW\

=H2SHUDWRU0DQXDO 5HY 3DJH