
0,&6WDUWXS0DQXDO
)LJXUH ,&GLPHQVLRQV
2UGHULQJ,QIRUPDWLRQ
0,&$58KLJK&RPSDFW3&,HQFORV UHZLWK
VORWEDFNSODQHRQHPDVWHUVORWILYHSHULSKHUDOVORWV
WZRKRWVZDSSDEOH6&6,PRELOHUDFNKRWVZDSFRROLQJ
IDQVUHG QGDQWSRZHUV SSO\
0,&%58KLJK&RPSDFW3&,HQFORV UHZLWK
VORWEDFNSODQHRQHPDVWHUVORWILYHSHULSKHUDOVORWV
WZRUHPRYDEOH,'(PRELOHUDFNKRWVZDSFRROLQJIDQV
UHG QGDQWSRZHUV SSO\
0,&$$,QWHOOLJHQW&KDVVLV0DQDJHPHQW0RG OH
,QLWLDO,QVSHFWLRQ
:HKDYHFDUHI OO\LQVSHFWHGWKH0,&PHFKDQLFDOO\
DQGHOHFWULFDOO\EHIRUHVKLSSLQJ,WVKR OGEHIUHHRIPDUNV
DQGVFUDWFKHVDQGLQSHUIHFWZRUNLQJRUGHU SRQUHFHLSW
$V\R QSDFNWKH0,&FKHFNLWIRUVLJQVRIVKLSSLQJ
GDPDJHGDPDJHGER[VFUDWFKHVGHQWVHWF,ILWLVGDP
DJHGRUIDLOVWRPHHWVSHFLILFDWLRQVQRWLI\R UVHUYLFH
GHSDUWPHQWRU\R UORFDOUHSUHVHQWDWLYHLPPHGLDWHO\$OVR
QRWLI\WKHFDUULHU5HWDLQWKHVKLSSLQJFDUWRQDQGSDFNLQJ
PDWHULDOIRULQVSHFWLRQE\WKHFDUULHU$IWHULQVSHFWLRQZH
ZLOOPDNHDUUDQJHPHQWVWRUHSDLURUUHSODFHWKH QLW
:DUQLQJ:HVWURQJO\UHFRPPHQGWKDWRQO\TXDOLILHGH[SHULHQFHG
SHUVRQQHOLQVWDOORUUHPRYHFRPSRQHQWV7KH\PXVWH[HUFLVH
H[WUHPHFDXWLRQZKHQGRLQJWKH0,& LOOXVWUDWLRQ7KH0,&
LVGHVLJQHGWREHLQVWDOOHGDQGPDLQWDLQHGHDVLO\
%HIRUH2SHUDWLQJWKH6\VWHP
%HIRUHRSHUDWLQJ\R UV\VWHPILUVWFKHFN\R USRZHUV S
SO\VR UFH7KHSRZHUV SSO\PRG OHLQFO GHGLQWKH0,&
FKDVVLVDFFHSWVDI OOLQS WUDQJHRIa9$&
ZLWKR WDQ\VZLWFKVHWWLQJ7ZRPR QWLQJIODQJHVDUH
LQFO GHGIRU VHUVZKRZR OGOLNHWRLQVWDOOWKH0,&RQ
DUDFN
,QVWDOOLQJD+DUG'LVN'ULYH
)ROORZWKHSURFHG UHVEHORZWRLQVWDOOKDUGGLVNGULYHV
LQWKH0,&
2SHQWKHGLVNWUD\GRRUDQGUHPRYHWKHPRELOHUDFN)RU
6&6,YHUVLRQWKH6&6,,'LVVKRZQRQWKHPRELOHUDFN
SDQHO
0R QW+''6&6,RU,'(RQPRELOHUDFNZLWKVFUHZV
6OLGHWKH+''ZLWKPRELOHUDFNEDFNLQWRWKHWUD\
3RZHURQDQGFKHFNWKH+''FDQEHIR QGDWWKH6&6,
LQLWLDOL]LQJ
1RWH
7KH6&6,YHUVLRQ0,& $PXVWEHXVHGZLWKWKH5,2PRG
XOHZKLFKLVEXQGOHGZLWK6&6,FRQWUROOHUOLNH5,2 6RU5,2
%
7KH6&6,,'LVDVVLJQHGE\WKHLQWHUQDO6&6,DGDSWRURI0,&
DQGDUHIL[HGDQGFDQQRWEHFKDQJHG8VHUFDQUHDGWKH
QXPEHURQWKHGLVNPRELOHUDFN
,'(YHUVLRQ0,& %LVEXLOGLQD5$,'PRGXOHZKLFKVXS
SRUW5$,' DVIDFWRU\GHIDXOW
5HSODFLQJWKH+RW VZDS)DQDQG$LU)LOWHU
7KH0,&SURYLGHVWZRKRWVZDSIDQVDWERWKOHIWDQG
UHDUVLGHVRIWKH0,&(DFKIDQFDQEHLQGLYLG DOO\
UHSODFHG7KLVFDQEHGRQHZLWKR WW UQLQJRIIWKHV\VWHP
SRZHURULQWHUU SWLQJV\VWHPRSHUDWLRQ
)ROORZWKHVHVWHSVWRUHSODFHDIDQ
8QIDVWHQWKHIDQVKROGHU
6OLGHWKHIDQVKROGHUR W
5HSODFHWKHROGIDQZLWKDQHZRQH
6OLGHWKHIDQVKROGHULQ
)DVWHQWKHQHZIDQVKROGHU
7KHDLUILOWHUPD\EHFRPHGLUW\DIWHUDSHULRGRIWLPH)ROORZ
WKHVHVWHSVWRUHSODFHDILOWHU
5HPRYHWKHILOWHUFRYHU
5HSODFHWKHGLUW\ILOWHUZLWKDFOHDQRQH
5HDWWDFKWKHILOWHUFRYHU
5HSHDWVWHSVWRWRUHSODFHRWKHUILOWHUV
&RQQHFWLQJ5HDU,2PRGXOH
7KH0,&$LVOLPLWHGWREH VHGZLWKUHDU,2PRG OH
IRU6&6,GHYLFHVDFFRPPRGDWLRQD6&6,RQUHDU,2PRG
OHLVQHHGHG$GYDQWHFKSURYLGHV5,265,2
65,263WRVHUYHWKLVFRQILJ UDWLRQ3OHDVH
UHIHUWRWKHUHFRPPHQGFRQILJ UDWLRQOLVWIRUGHWDLOV7R
LQVWDOOWKH5,2PRG OHSOHDVHIROORZWKHVWHSVEHORZ
5HPRYHWKHEODQNSDQHODERYHWKHV\VWHP5,2VORW
6 JJHVWWRUHPRYHDOOWKHEODQNSDQHOVIRULQVWDOODWLRQ
8VHUFDQILQGWKHUHDUHWKUHHFDEOHVLQVLGHRQH,'(
SLQVFDEOHRQH)''SLQVFDEOHDQGRQH6&6,FDEOH
SLQV
&RQQHFWLQJZLWKWKHULJKWFRQQHFWRURQERDUGVRDQG
VOLGHLQWRWKHFDUGFDJH
6\VWHP%RDUG,QVWDOODWLRQ
6\VWHPERDUGP VWEHLQVWDOOHGRQVORWZKHUHWKHFDUG
J LGHLVUHG'RQRWLQVWDOOWKHV\VWHPERDUGLQDQ\RWKHU
VORW QOHVVLWLVV SSRUWGURQHPRGH
&KDVVLV0DQDJHPHQW0RGXOH,QVWDOODWLRQ
0,&LVRSWLRQDOZLWK$GYDQWHFK&KDVVLV0DQDJHPHQW
0RG OH&000,&VHULHV)RU VHU SJUDGHZLWK
&00 VHUFDQM VWHDVLO\UHPRYHWKHG PP\DODUPERDUG
LQVLGHWKHUHDURIFKDVVLVDQGUHSODFHZLWKWKH&00
$IWHULQVWDOOHG&00UHPHPEHUWRIROORZWKH0,&
PDQ DOIRUDW\SLFDOVHWWLQJIRU0,&FKDVVLV