GE CEB1590SSSS User manual

0LFURZDYH2YHQ
6HQVRU&RQYHFWLRQ
0)/*(
&(%
3(%
2ZQHU·V
0DQXDO
*($SSOLDQFHVFRP
6DIHW\,QIRUPDWLRQ
$UFLQJ
([WHQVLRQ&RUGV
)RRGV
*URXQGLQJ,QVWUXFWLRQV
,PSRUWDQW6DIHW\
,QVWUXFWLRQV²
0LFURZDYH6DIH&RRNZDUH
3UHFDXWLRQVWR$YRLG3RVVLEOH([SRVXUH
WR([FHVVLYH
0LFURZDYH(QHUJ\ 
2SHUDWLQJ,QVWUXFWLRQV
%HVW0HWKRGRI
&RRNLQJ&KDUW
&KDQJLQJ3RZHU/HYHO
&RPELQDWLRQ)HDWXUHV
&RQYHFWLRQ)HDWXUHV
&RRNLQJ2SWLRQV
&RRNZDUH7LSV
)HDWXUHVRI<RXU2YHQ
0LFURZDYH7HUPV
2WKHU)HDWXUHV
 %HHSHU9ROXPH
 &RQWURO/RFN2XW
&ORFN
 &RRNLQJ&RPSOHWH
 5HPLQGHU
 'LVSOD\212))
 'LVSOD\6SHHG
2))&/($5
67$573$86(
7LPHU
6HQVRU0LFURZDYH
)HDWXUHV²
7LPHDQG$XWR
0LFURZDYH)HDWXUHV
&DUHDQG&OHDQLQJ
,QVLGH
2XWVLGH
6WDLQOHVV6WHHO
7URXEOHVKRRWLQJ7LSV
%HIRUH<RX&DOO)RU6HUYLFH
7KLQJV7KDW$UH1RUPDO
:LWK<RXU0LFURZDYH2YHQ
&RQVXPHU6XSSRUW
&RQVXPHU6XSSRUW
:DUUDQW\
:ULWHWKHPRGHODQGVHULDO
QXPEHUVKHUH


<RXFDQILQGWKHPRQDODEHOZKHQ
WKHGRRULVRSHQ

,03257$176$)(7<,16758&7,216
5($'$//,16758&7,216%()25(86,1*
5HDGDOOLQVWUXFWLRQVEHIRUHXVLQJWKLVDSSOLDQFH:KHQ
XVLQJHOHFWULFDODSSOLDQFHVEDVLFVDIHW\SUHFDXWLRQV
VKRXOGEHIROORZHGLQFOXGLQJWKHIROORZLQJ
5HDGDQGIROORZWKHVSHFLILFSUHFDXWLRQVLQWKH35(&$87,21672
$92,'3266,%/((;32685(72(;&(66,9(0,&52:$9((1(5*<
VHFWLRQDERYH
7KLVDSSOLDQFHPXVWEHJURXQGHG&RQQHFWRQO\
WRDSURSHUO\JURXQGHGRXWOHW6HHWKH*5281',1*
,16758&7,216VHFWLRQRQSDJH
,QVWDOORUORFDWHWKLVDSSOLDQFHRQO\LQDFFRUGDQFHZLWKWKH
SURYLGHG,QVWDOODWLRQ,QVWUXFWLRQV
7KLVSURGXFWLVWREHXVHGsDERYHIORRUOHYHO
%HFHUWDLQWRSODFHWKHIURQWVXUIDFHRIWKHGRRUsRUPRUHEDFN
IURPWKHFRXQWHUWRSHGJHWRDYRLGDFFLGHQWDOWLSSLQJRIWKH
DSSOLDQFHLQQRUPDOXVDJH
'RQRWRSHUDWHWKLVDSSOLDQFHLILWKDVDGDPDJHGSRZHUFRUG
RUSOXJLILWLVQRWZRUNLQJSURSHUO\RULILWKDVEHHQGDPDJHGRU
GURSSHG
,IWKHSRZHUFRUGLVGDPDJHGLWPXVWEHUHSODFHGE\*HQHUDO
(OHFWULF6HUYLFHRUDQDXWKRUL]HGVHUYLFHDJHQWXVLQJDSRZHU
FRUGDYDLODEOHIURP*HQHUDO(OHFWULF
'RQRWFRYHURUEORFNDQ\RSHQLQJVRQWKHDSSOLDQFH
8VHWKLVDSSOLDQFHRQO\IRULWVLQWHQGHGXVHDVGHVFULEHGLQ
WKLVPDQXDO'RQRWXVHFRUURVLYHFKHPLFDOVRUYDSRUVLQWKLV
DSSOLDQFH7KLVPLFURZDYHRYHQLVVSHFLILFDOO\GHVLJQHGWRKHDW
GU\RUFRRNIRRGDQGLVQRWLQWHQGHGIRUODERUDWRU\RULQGXVWULDO
XVH
7KLVPLFURZDYHRYHQLVQRWDSSURYHGRUWHVWHGIRUPDULQHXVH
7RUHGXFHWKHULVNRIILUHLQWKHRYHQFDYLW\
³'RQRWRYHUFRRNIRRG&DUHIXOO\DWWHQGDSSOLDQFH
ZKHQSDSHUSODVWLFRURWKHUFRPEXVWLEOHPDWHULDOVDUHSODFHG
LQVLGHWKHRYHQZKLOHFRRNLQJ
³5HPRYHZLUHWZLVWWLHVDQGPHWDOKDQGOHVIURPSDSHURUSODVWLF
FRQWDLQHUVEHIRUHSODFLQJWKHPLQWKHRYHQ
³'RQRWXVHWKHRYHQIRUVWRUDJHSXUSRVHV'RQRWOHDYHSDSHU
SURGXFWVFRRNLQJXWHQVLOVRUIRRGLQWKHRYHQZKHQQRWLQXVH
³'RQRWSRSSRSFRUQLQ\RXUPLFURZDYHRYHQXQOHVVLQ
DVSHFLDOPLFURZDYHSRSFRUQDFFHVVRU\RUXQOHVV\RXXVH
SRSFRUQODEHOHGIRUXVHLQPLFURZDYHRYHQV
³,IPDWHULDOVLQVLGHWKHRYHQLJQLWHNHHSWKHRYHQGRRUFORVHG
WXUQWKHRYHQRIIDQGGLVFRQQHFWWKHSRZHUFRUGRUVKXWRII
SRZHUDWWKHIXVHRUFLUFXLWEUHDNHUSDQHO,IWKHGRRULVRSHQHG
WKHILUHPD\VSUHDG
³'RQRWXVHWKH6HQVRU)HDWXUHVWZLFHLQVXFFHVVLRQ
RQWKHVDPHIRRGSRUWLRQ,IIRRGLVXQGHUFRRNHGDIWHUWKHILUVW
FRXQWGRZQXVH7,0(&22.IRUDGGLWLRQDOFRRNLQJWLPH
³'RQRWXVHWKHRYHQWRGU\QHZVSDSHU
:KHQXVLQJWKHFRQYHFWLRQRUFRPELQDWLRQFRRNLQJIXQFWLRQV
ERWKWKHRXWVLGHDQGLQVLGHRIWKHRYHQZLOOEHFRPHKRW$OZD\V
XVHKRWSDGVWRUHPRYHFRQWDLQHUV
RIIRRGDQGDFFHVVRULHVVXFKDVWKHRYHQVKHOI
7KHUPRPHWHU³'RQRWXVHUHJXODUFRRNLQJRURYHQ
WKHUPRPHWHUVZKHQFRRNLQJE\PLFURZDYHRUFRPELQDWLRQ7KH
PHWDODQGPHUFXU\LQWKHVHWKHUPRPHWHUVFRXOGFDXVHDUFLQJ
DQGSRVVLEOHGDPDJHWRWKHRYHQ'RQRWXVHDWKHUPRPHWHULQ
IRRG\RXDUHPLFURZDYLQJXQOHVVWKHWKHUPRPHWHULVGHVLJQHG
RUUHFRPPHQGHGIRUXVHLQWKHPLFURZDYHRYHQ
'RQRWFOHDQZLWKPHWDOVFRXULQJSDGV3LHFHVFDQEXUQ
RIIWKHSDGDQGWRXFKHOHFWULFDOSDUWVLQYROYLQJULVNRIHOHFWULF
VKRFN
7RUHGXFHWKHULVNRIEXUQVHOHFWULFVKRFNILUHLQMXU\WRSHUVRQVRUH[SRVXUHWRH[FHVVLYHPLFURZDYHHQHUJ\
:$51,1*
35(&$87,21672$92,'3266,%/((;32685(
72(;&(66,9(0,&52:$9((1(5*<

D 'R1RW$WWHPSWWRRSHUDWHWKLVRYHQZLWKWKHGRRURSHQ
VLQFHRSHQGRRURSHUDWLRQFDQUHVXOWLQKDUPIXOH[SRVXUHWR
PLFURZDYHHQHUJ\,WLVLPSRUWDQWQRWWRGHIHDWRUWDPSHU
ZLWKWKHVDIHW\LQWHUORFNV
 E 'R1RW3ODFH DQ\REMHFWEHWZHHQWKHRYHQIURQWIDFHDQG
WKHGRRURUDOORZVRLORUFOHDQHUUHVLGXHWRDFFXPXODWHRQ
VHDOLQJVXUIDFHV
F 'R1RW2SHUDWHWKHRYHQLILWLVGDPDJHG,WLVSDUWLFXODUO\
LPSRUWDQWWKDWWKHRYHQGRRUFORVHSURSHUO\DQGWKDWWKHUHLV
QRGDPDJHWRWKH
 GRRUEHQW
 KLQJHVDQGODWFKHVEURNHQRUORRVHQHG
 GRRUVHDOVDQGVHDOLQJVXUIDFHV
G 7KH2YHQ6KRXOG1RWEHDGMXVWHGRUUHSDLUHGE\DQ\RQH
H[FHSWSURSHUO\TXDOLILHGVHUYLFHSHUVRQQHO
6$9(7+(6(,16758&7,216

,03257$176$)(7<,16758&7,216
:KHQXVLQJ&RQYHFWLRQRU&RPELQDWLRQIXQFWLRQVERWKRXWVLGH
DQGLQVLGHWKHRYHQZLOOEHFRPHKRW$OZD\VXVHKRWSDGVWR
UHPRYHFRQWDLQHUVRIIRRGDQGDFFHVVRULHVVXFKDVWKHRYHQ
VKHOI
7KHUPRPHWHU³'RQRWXVHUHJXODUFRRNLQJRURYHQ
WKHUPRPHWHUVZKHQFRRNLQJE\PLFURZDYH7KHPHWDODQG
PHUFXU\LQWKHVHWKHUPRPHWHUVFRXOGFDXVHDUFLQJDQG
SRVVLEOHGDPDJHWRWKHRYHQ'RQRWXVHDWKHUPRPHWHULQIRRG
\RXDUHPLFURZDYLQJXQOHVVWKHWKHUPRPHWHULVGHVLJQHGRU
UHFRPPHQGHGIRUXVHLQWKHPLFURZDYHRYHQ
'RQRWFOHDQZLWKPHWDOVFRXULQJSDGV3LHFHVFDQEXUQRIIWKH
SDGDQGWRXFKHOHFWULFDOSDUWVLQYROYLQJULVNRIHOHFWULFVKRFN
'RQRWVWRUHDQ\PDWHULDOVRWKHUWKDQRXUUHFRPPHQGHG
DFFHVVRULHVLQWKLVRYHQZKHQQRWLQXVH
'RQRWVWRUHWKLVDSSOLDQFHRXWGRRUV'RQRWXVHWKLVSURGXFW
QHDUZDWHU³IRUH[DPSOHLQDZHWEDVHPHQWQHDUDVZLPPLQJ
SRROQHDUDVLQNRULQVLPLODUORFDWLRQV
.HHSSRZHUFRUGDZD\IURPKHDWHGVXUIDFHV
'RQRWLPPHUVHSRZHUFRUGRUSOXJLQZDWHU
'RQRWEORFNRUFRYHUDQ\RSHQLQJVRQWKHDSSOLDQFH
'RQRWOHWSRZHUFRUGKDQJRYHUHGJHRIWDEOHRUFRXQWHU
7KLVPLFURZDYHLVQRWDSSURYHGRUWHVWHGIRUPDULQHXVH
)RUFRXQWHUWRSLQVWDOODWLRQ
³'RQRWVWRUHDQ\WKLQJGLUHFWO\RQWRSRIWKHPLFURZDYHRYHQ
VXUIDFHZKHQWKHPLFURZDYHRYHQLVLQRSHUDWLRQ
)RUEXLOWLQLQVWDOODWLRQZLWKDSSURYHGWULPNLW
³'RQRWPRXQWWKLVDSSOLDQFHRYHUDVLQN
³'RQRWVWRUHDQ\WKLQJGLUHFWO\RQWRSRIWKHPLFURZDYHRYHQ
VXUIDFHZKHQWKHPLFURZDYHRYHQLVLQRSHUDWLRQ
³'RQRWPRXQWWKLVDSSOLDQFHRYHURUQHDUDQ\SRUWLRQRIDKHDWLQJ
RUFRRNLQJDSSOLDQFH
'RQRWRSHUDWHDQ\KHDWLQJRUFRRNLQJDSSOLDQFHEHQHDWKWKLV
PLFURZDYHRYHQ
8VHWKLVDSSOLDQFHRQO\IRULWVLQWHQGHGXVHDVGHVFULEHGLQWKLV
PDQXDO
'RQRWXVHFRUURVLYHFKHPLFDOVRUYDSRUVLQWKLVDSSOLDQFH
7KLVPLFURZDYHRYHQLVVSHFLILFDOO\GHVLJQHGWRKHDWGU\RUFRRN
IRRGDQGLVQRWLQWHQGHGIRUODERUDWRU\RULQGXVWULDOXVH
,WLVLPSRUWDQWWRNHHSWKHDUHDFOHDQZKHUHWKHGRRUVHDOV
DJDLQVWWKHPLFURZDYH8VHRQO\PLOGQRQDEUDVLYHGHWHUJHQWV
DSSOLHGZLWKDFOHDQVSRQJHRUVRIWFORWK5LQVHZHOO
7KLVDSSOLDQFHPXVWRQO\EHVHUYLFHGE\TXDOLILHGVHUYLFH
SHUVRQQHO&RQWDFWQHDUHVWDXWKRUL]HGVHUYLFHIDFLOLW\IRU
H[DPLQDWLRQUHSDLURUDGMXVWPHQW
$VZLWKDQ\DSSOLDQFHFORVHVXSHUYLVLRQLVQHFHVVDU\
ZKHQXVHGE\FKLOGUHQ
6RPHSURGXFWVVXFKDVZKROHHJJVDQGVHDOHGFRQWDLQHUV³IRU
H[DPSOHFORVHGMDUV³DUHDEOHWRH[SORGHDQGVKRXOGQRWEH
KHDWHGLQWKLVPLFURZDYHRYHQ6XFKXVHRIWKHPLFURZDYHRYHQ
FRXOGUHVXOWLQLQMXU\
'RQRWXVHSDSHUSURGXFWVLQRYHQZKHQDSSOLDQFHLVRSHUDWHGLQ
DQ\FRRNLQJPRGHH[FHSWPLFURZDYHRQO\
$5&,1*
,I\RXVHHDUFLQJSUHVVWKH2))&/($5EXWWRQDQGFRUUHFWWKHSUREOHP
$UFLQJLVWKHPLFURZDYHWHUPIRUVSDUNVLQWKHRYHQ$UFLQJ
LVFDXVHGE\
7KHPHWDOVKHOIQRWLQVWDOOHGFRUUHFWO\VRLW
WRXFKHVWKHPLFURZDYHZDOO
0HWDORUIRLOWRXFKLQJWKHVLGHRIWKHRYHQ
7XUQWDEOHULQJVXSSRUWQRWLQVWDOOHGFRUUHFWO\
)RLOQRWPROGHGWRIRRGXSWXUQHGHGJHVDFW
OLNHDQWHQQDV
0HWDOVXFKDVWZLVWWLHVSRXOWU\SLQVRUJROGULPPHG
GLVKHVLQWKHPLFURZDYH
5HF\FOHGSDSHUWRZHOVFRQWDLQLQJVPDOOPHWDOSLHFHV
EHLQJXVHGLQWKHPLFURZDYH
:$51,1*

*($SSOLDQFHVFRP

6$9(7+(6(,16758&7,216

,03257$176$)(7<,16758&7,216
5($'$//,16758&7,216%()25(86,1*
)22'6
'RQRWSRSSRSFRUQLQ\RXUPLFURZDYHRYHQXQOHVVLQD
VSHFLDOPLFURZDYHSRSFRUQDFFHVVRU\
RUXQOHVV\RXXVHSRSFRUQODEHOHGIRUXVHLQPLFURZDYH
RYHQV
'RQRWERLOHJJVLQDPLFURZDYHRYHQ3UHVVXUHZLOO
EXLOGXSLQVLGHHJJ\RONDQGZLOOFDXVHLWWREXUVW
SRVVLEO\UHVXOWLQJLQLQMXU\
2SHUDWLQJWKHPLFURZDYHZLWKQRIRRGLQVLGHIRUPRUH
WKDQDPLQXWHRUWZRPD\FDXVHGDPDJHWRWKHRYHQ
DQGFRXOGVWDUWDILUH,WLQFUHDVHVWKHKHDWDURXQGWKH
PDJQHWURQDQGFDQVKRUWHQWKHOLIHRIWKHRYHQ
)RRGVZLWKXQEURNHQRXWHU´VNLQµVXFKDVSRWDWRHVKRW
GRJVVDXVDJHVWRPDWRHVDSSOHVFKLFNHQOLYHUVDQG
RWKHUJLEOHWVDQGHJJ\RONVVKRXOGEHSLHUFHGWRDOORZ
VWHDPWRHVFDSH
GXULQJFRRNLQJ
683(5+($7(':$7(5
 /LTXLGVVXFKDVZDWHUFRIIHHRUWHDDUHDEOHWR
EHRYHUKHDWHGEH\RQGWKHERLOLQJSRLQWZLWKRXW
DSSHDULQJWREHERLOLQJ9LVLEOHEXEEOLQJRUERLOLQJZKHQ
WKHFRQWDLQHULVUHPRYHGIURPWKHPLFURZDYHRYHQLV
QRWDOZD\VSUHVHQW7+,6&28/'5(68/7
,19(5<+27/,48,'668''(1/<%2,/,1*29(5:+(1
7+(&217$,1(5,6',6785%('25$632212527+(5
87(16,/,6,16(57(',1727+(/,48,'
 7RUHGXFHWKHULVNRILQMXU\WRSHUVRQV
³'RQRWRYHUKHDWWKHOLTXLG
³6WLUWKHOLTXLGERWKEHIRUHDQGKDOIZD\WKURXJKKHDWLQJ
LW
³'RQRWXVHVWUDLJKWVLGHGFRQWDLQHUVZLWK
QDUURZQHFNV
³$IWHUKHDWLQJDOORZWKHFRQWDLQHUWRVWDQGLQ
WKHPLFURZDYHRYHQIRUDVKRUWWLPHEHIRUHUHPRYLQJ
WKHFRQWDLQHU
³8VHH[WUHPHFDUHZKHQLQVHUWLQJDVSRRQRURWKHU
XWHQVLOLQWRWKHFRQWDLQHU
)RRGVFRRNHGLQOLTXLGVVXFKDVSDVWDPD\
WHQGWRERLOPRUHUDSLGO\WKDQIRRGVFRQWDLQLQJOHVV
PRLVWXUH6KRXOGWKLVRFFXUUHIHUWRWKH
&DUHDQGFOHDQLQJRIWKHPLFURZDYHRYHQVHFWLRQ
IRULQVWUXFWLRQVRQKRZWRFOHDQWKHLQVLGHRI
WKHRYHQ
$YRLGKHDWLQJEDE\IRRGLQJODVVMDUVHYHQZLWK
WKHOLGRII0DNHVXUHDOOLQIDQWIRRGLVWKRURXJKO\
FRRNHG6WLUIRRGWRGLVWULEXWHWKHKHDWHYHQO\
%HFDUHIXOWRSUHYHQWVFDOGLQJZKHQZDUPLQJIRUPXOD
7KHFRQWDLQHUPD\IHHOFRROHUWKDQWKHIRUPXODUHDOO\LV
$OZD\VWHVWWKHIRUPXODEHIRUHIHHGLQJWKHEDE\
'RQ·WGHIURVWIUR]HQEHYHUDJHVLQQDUURZQHFNHG
ERWWOHVHVSHFLDOO\FDUERQDWHGEHYHUDJHV(YHQLIWKH
FRQWDLQHULVRSHQHGSUHVVXUHFDQEXLOGXS7KLVFDQ
FDXVHWKHFRQWDLQHUWREXUVWSRVVLEO\UHVXOWLQJLQLQMXU\
+RWIRRGVDQGVWHDPFDQFDXVHEXUQV%HFDUHIXOZKHQ
RSHQLQJDQ\FRQWDLQHUVRIKRWIRRGLQFOXGLQJSRSFRUQ
EDJVFRRNLQJSRXFKHVDQGER[HV7RSUHYHQWSRVVLEOH
LQMXU\GLUHFWVWHDPDZD\IURPKDQGVDQGIDFH
'RQRWRYHUFRRNSRWDWRHV7KH\FRXOGGHK\GUDWHDQG
FDWFKILUHFDXVLQJGDPDJHWR\RXURYHQ
&RRNPHDWDQGSRXOWU\WKRURXJKO\³PHDWWRDW
OHDVWDQ,17(51$/WHPSHUDWXUHRI)DQGSRXOWU\WR
DWOHDVWDQ,17(51$/WHPSHUDWXUH
RI)&RRNLQJWRWKHVHWHPSHUDWXUHVXVXDOO\
SURWHFWVDJDLQVWIRRGERUQHLOOQHVV
:$51,1*
6$9(7+(6(,16758&7,216

0,&52:$9(6$)(&22.:$5(
'RQRWRSHUDWHWKHRYHQZLWKRXWWKHWXUQWDEOHDQGWKHWXUQWDEOHVXSSRUWVHDWHGDQGLQSODFH7KHWXUQWDEOH
PXVWEHXQUHVWULFWHGVRLWFDQURWDWH
0DNHVXUHDOOFRRNZDUHXVHGLQ\RXUPLFURZDYHRYHQLVVXLWDEOHIRUPLFURZDYLQJ0RVWJODVVFDVVHUROHV
FRRNLQJGLVKHVPHDVXULQJFXSVFXVWDUGFXSVSRWWHU\RUFKLQDGLQQHUZDUHZKLFKGRHVQRWKDYHPHWDOOLFWULP
RUJOD]HZLWKDPHWDOOLFVKHHQFDQEHXVHG6RPHFRRNZDUHLVODEHOHG´VXLWDEOHIRUPLFURZDYLQJµ
,I\RXDUHQRWVXUHLIDGLVKLV
PLFURZDYHVDIH
XVHWKLVWHVW3ODFHLQWKHRYHQ
ERWKWKHGLVK\RXDUHWHVWLQJDQG
DJODVVPHDVXULQJFXSILOOHGZLWK
FXSRIZDWHU³VHWWKHPHDVXULQJ
FXSHLWKHULQRUQH[WWRWKHGLVK
0LFURZDYH²VHFRQGVDWKLJK
,IWKHGLVKKHDWVLWVKRXOGQRWEHXVHGIRUPLFURZDYLQJ
 ,IWKHGLVKUHPDLQVFRRODQGRQO\WKHZDWHULQ
WKHFXSKHDWVWKHQWKHGLVKLVPLFURZDYHVDIH
 2YHUVL]HGIRRGRURYHUVL]HGPHWDOFRRNZDUHVKRXOGQRW
EHXVHGLQDPLFURZDYHFRQYHFWLRQRYHQEHFDXVHWKH\
LQFUHDVHWKHULVNRIHOHFWULF
VKRFNDQGFRXOGFDXVHDILUH
 6RPHWLPHVWKHRYHQIORRUWXUQWDEOHDQGZDOOV
FDQEHFRPHWRRKRWWRWRXFK%HFDUHIXOWRXFKLQJWKH
IORRUWXUQWDEOHDQGZDOOVGXULQJDQGDIWHUFRRNLQJ
,I\RXXVHDPHDWWKHUPRPHWHUZKLOHFRRNLQJPDNH
VXUHLWLVVDIHIRUXVHLQPLFURZDYHRYHQV
'RQRWXVHUHF\FOHGSDSHUSURGXFWV5HF\FOHGSDSHU
WRZHOVQDSNLQVDQGZD[HGSDSHUFDQFRQWDLQPHWDO
IOHFNVZKLFKPD\FDXVHDUFLQJ
RULJQLWH3DSHUSURGXFWVFRQWDLQLQJQ\ORQ
RUQ\ORQILODPHQWVVKRXOGEHDYRLGHGDVWKH\
PD\DOVRLJQLWH
6RPHVW\URIRDPWUD\VOLNHWKRVHWKDWPHDWLVSDFNDJHG
RQKDYHDWKLQVWULSRIPHWDOHPEHGGHGLQWKHERWWRP
:KHQPLFURZDYHGWKHPHWDOFDQEXUQWKHIORRURIWKH
RYHQRULJQLWHDSDSHUWRZHO
8VHRIWKHVKHOIDFFHVVRU\
 ³5HPRYHWKHVKHOIIURPWKHRYHQZKHQ
QRWLQXVH
 ³8VHSRWKROGHUVZKHQKDQGOLQJWKHVKHOIDQG
FRRNZDUH7KH\PD\EHKRW
 ³%HVXUHWKDWWKHVKHOILVSRVLWLRQHGSURSHUO\LQVLGHWKH
RYHQWRSUHYHQWSURGXFWGDPDJH
 ³'RQRWFRYHUWKHVKHOIRUDQ\SDUWRIWKHRYHQZLWK
PHWDOIRLO7KLVZLOOFDXVHRYHUKHDWLQJRI
WKHPLFURZDYHFRQYHFWLRQRYHQ
'RQRWXVH\RXUPLFURZDYHFRQYHFWLRQRYHQWRGU\
QHZVSDSHUV
 1RWDOOSODVWLFZUDSLVVXLWDEOHIRUXVHLQPLFURZDYH
RYHQV&KHFNWKHSDFNDJHIRUSURSHUXVH
3DSHUWRZHOVZD[HGSDSHUDQGSODVWLFZUDSFDQ
EHXVHGWRFRYHUGLVKHVLQRUGHUWRUHWDLQPRLVWXUH
DQGSUHYHQWVSDWWHULQJ%HVXUHWRYHQWSODVWLFZUDSVR
VWHDPFDQHVFDSH
 'RQRWXVHSDSHUSURGXFWVZKHQWKHPLFURZDYH
FRQYHFWLRQRYHQLVRSHUDWHGLQWKHFRQYHFWLRQRU
FRPELQDWLRQPRGH
&RRNZDUHPD\EHFRPHKRWEHFDXVHRIKHDWWUDQVIHUUHG
IURPWKHKHDWHGIRRG3RWKROGHUV
PD\EHQHHGHGWRKDQGOHWKHFRRNZDUH
:KHQPLFURZDYLQJ´%RLODEOHµFRRNLQJSRXFKHVDQG
WLJKWO\FORVHGSODVWLFEDJVVKRXOGEHVOLWSLHUFHGRU
YHQWHGDVGLUHFWHGE\SDFNDJH,IWKH\DUHQRWSODVWLF
FRXOGEXUVWGXULQJRULPPHGLDWHO\DIWHUFRRNLQJSRVVLEO\
UHVXOWLQJLQLQMXU\$OVRSODVWLFVWRUDJHFRQWDLQHUVVKRXOG
EHDWOHDVWSDUWLDOO\XQFRYHUHGEHFDXVHWKH\IRUPDWLJKW
VHDO:KHQFRRNLQJZLWKFRQWDLQHUVWLJKWO\FRYHUHGZLWK
SODVWLFZUDSUHPRYHFRYHULQJFDUHIXOO\DQGGLUHFWVWHDP
DZD\IURPKDQGVDQGIDFH
8VHIRLORQO\DVGLUHFWHGLQWKLVPDQXDO
79GLQQHUVPD\EHPLFURZDYHGLQIRLOWUD\VOHVVWKDQ
sKLJKUHPRYHWKHWRSIRLOFRYHUDQGUHWXUQWKHWUD\
WRWKHER[:KHQXVLQJIRLOLQWKHPLFURZDYHRYHQNHHS
WKHIRLODWOHDVWsDZD\IURPWKHVLGHVRIWKHRYHQ
3ODVWLFFRRNZDUH³3ODVWLFFRRNZDUHGHVLJQHGIRU
PLFURZDYHFRRNLQJLVYHU\XVHIXOEXWVKRXOGEHXVHG
FDUHIXOO\(YHQPLFURZDYHVDIHSODVWLFPD\QRWEH
DVWROHUDQWRIRYHUFRRNLQJFRQGLWLRQVDVDUHJODVVRU
FHUDPLFPDWHULDOVDQGPD\VRIWHQRUFKDULIVXEMHFWHGWR
VKRUWSHULRGVRIRYHUFRRNLQJ
,QORQJHUH[SRVXUHVWRRYHUFRRNLQJWKHIRRG
DQGFRRNZDUHFRXOGLJQLWH
 )ROORZWKHVHJXLGHOLQHV
8VHPLFURZDYHVDIHSODVWLFVRQO\DQGXVH
WKHPLQVWULFWFRPSOLDQFHZLWKWKHFRRNZDUH
PDQXIDFWXUHU·VUHFRPPHQGDWLRQV
'RQRWPLFURZDYHHPSW\FRQWDLQHUV
'RQRWSHUPLWFKLOGUHQWRXVHSODVWLFFRRNZDUH
ZLWKRXWFRPSOHWHVXSHUYLVLRQ

*($SSOLDQFHVFRP

+RZWRWHVWIRUD
PLFURZDYHVDIHGLVK
6$9(7+(6(,16758&7,216


,03257$176$)(7<,1)250$7,21
5($'$//,16758&7,216%()25(86,1*
:$51,1*
*5281',1*,16758&7,216
7KLVDSSOLDQFHPXVWEHJURXQGHG,QWKHHYHQWRIDQ
HOHFWULFDOVKRUWFLUFXLWJURXQGLQJUHGXFHVWKHULVNRI
HOHFWULFVKRFNE\SURYLGLQJDQHVFDSHZLUHIRUWKHHOHFWULF
FXUUHQW
7KLVDSSOLDQFHLVHTXLSSHGZLWKDSRZHUFRUGKDYLQJD
JURXQGLQJZLUHZLWKDJURXQGLQJSOXJ7KHSOXJPXVW
EHSOXJJHGLQWRDQRXWOHWWKDWLVSURSHUO\LQVWDOOHGDQG
JURXQGHG
&RQVXOWDTXDOLILHGHOHFWULFLDQRUVHUYLFHWHFKQLFLDQ
LIWKHJURXQGLQJLQVWUXFWLRQVDUHQRWFRPSOHWHO\
XQGHUVWRRGRULIGRXEWH[LVWVDVWRZKHWKHUWKHDSSOLDQFH
LVSURSHUO\JURXQGHG
,IWKHRXWOHWLVDVWDQGDUGSURQJZDOORXWOHWLWLV\RXU
SHUVRQDOUHVSRQVLELOLW\DQGREOLJDWLRQWR
KDYHLWUHSODFHGZLWKDSURSHUO\JURXQGHGSURQJZDOO
RXWOHW
'RQRWXQGHUDQ\FLUFXPVWDQFHVFXWRUUHPRYHWKHWKLUG
JURXQGSURQJIURPWKHSRZHUFRUG
'RQRWXVHDQDGDSWHUSOXJZLWKWKLVDSSOLDQFH
'RQRWXVHDQH[WHQVLRQFRUGZLWKWKLVDSSOLDQFH,IWKH
SRZHUFRUGLVWRRVKRUWKDYHDTXDOLILHGHOHFWULFLDQRU
VHUYLFHWHFKQLFLDQLQVWDOODQRXWOHWQHDUWKHDSSOLDQFH
6HH(;7(16,21&25'6VHFWLRQ
)RUEHVWRSHUDWLRQSOXJWKLVDSSOLDQFHLQWRLWV
RZQHOHFWULFDORXWOHWWRSUHYHQWIOLFNHULQJRIOLJKWVEORZLQJ
RIIXVHRUWULSSLQJRIFLUFXLWEUHDNHU
:$51,1*,PSURSHUXVHRIWKHJURXQGLQJSOXJFDQUHVXOWLQDULVNRIHOHFWULFVKRFN
6$9(7+(6(,16758&7,216

5($'$1')2//2:7+,66$)(7<,1)250$7,21&$5()8//<
6$9(7+(6(,16758&7,216
(;7(16,21&25'6
$VKRUWSRZHUVXSSO\FRUGLVSURYLGHGWRUHGXFHWKHULVNVUHVXOWLQJIURPEHFRPLQJHQWDQJOHGLQRU
WULSSLQJRYHUDORQJHUFRUG
([WHQVLRQFRUGVPD\EHXVHGLI\RXDUHFDUHIXOLQXVLQJWKHP
,IDQH[WHQVLRQFRUGLVXVHG³
7KHPDUNHGHOHFWULFDOUDWLQJRIWKHH[WHQVLRQFRUGVKRXOGEHDWOHDVWDVJUHDWDVWKHHOHFWULFDOUDWLQJ
RIWKHDSSOLDQFH
7KHH[WHQVLRQFRUGPXVWEHDJURXQGLQJW\SHZLUHFRUGDQGLWPXVWEHSOXJJHGLQWRDVORWRXWOHW
7KHH[WHQVLRQFRUGVKRXOGEHDUUDQJHGVRWKDWLWZLOOQRWGUDSHRYHUWKHFRXQWHUWRSRUWDEOHWRS
ZKHUHLWFDQEHSXOOHGRQE\FKLOGUHQRUWULSSHGRYHUXQLQWHQWLRQDOO\
,I\RXXVHDQH[WHQVLRQFRUGWKHLQWHULRUOLJKWPD\IOLFNHUDQGWKHEORZHUVRXQGPD\YDU\ZKHQWKHPLFURZDYHRYHQLV
RQ&RRNLQJWLPHVPD\EHORQJHUWRR
0RVWSDFHPDNHUVDUHVKLHOGHGIURPLQWHUIHUHQFHIURPHOHFWURQLFSURGXFWVLQFOXGLQJPLFURZDYHV
+RZHYHUSDWLHQWVZLWKSDFHPDNHUVPD\ZLVKWRFRQVXOWWKHLUSK\VLFLDQVLIWKH\KDYHFRQFHUQV
127,&(³3$&(0$.(56


*($SSOLDQFHVFRP




$ERXWWKHIHDWXUHVRI\RXURYHQ
7KURXJKRXWWKLVPDQXDOIHDWXUHVDQGDSSHDUDQFHPD\YDU\IURP\RXUPRGHO
:DWWV
)HDWXUHVRIWKH2YHQ
'RRU/DWFK5HOHDVH+DQGOH
'RRU/DWFKHV

:LQGRZZLWK0HWDO6KLHOG6FUHHQDOORZVFRRNLQJ
WREHYLHZHGZKLOHNHHSLQJ
PLFURZDYHVFRQILQHGLQWKHRYHQ
&RQWURO3DQHODQG6HOHFWRU'LDO

5HPRYDEOH7XUQWDEOH7XUQWDEOHDQGVXSSRUWPXVW
EHLQSODFHZKHQXVLQJWKHRYHQ7KHWXUQWDEOHPD\
EHUHPRYHGIRUFOHDQLQJ

5HPRYDEOH7XUQWDEOH6XSSRUW7KHWXUQWDEOH
VXSSRUWPXVWEHLQSODFHZKHQXVLQJ
WKHRYHQ

6KHOI8VHZKHQFRQYHFWLRQRUFRPELQDWLRQ
FRRNLQJ'RQRWXVHZKHQPLFURZDYHFRRNLQJ
2SWLRQDO$FFHVVRULHV
$YDLODEOHDWH[WUDFRVWIURP\RXU*(VXSSOLHU
&KRRVHWKHDSSURSULDWH,QVWDOODWLRQ.LWEHORZWRFRQYHUW
WKLVRYHQWRDEXLOWLQZDOORYHQ
)RUsLQVWDOODWLRQV
0RGHO .LW
3(%'0%% -;'0%%
3(%6066 -;6066
3(%'0:: -;'0::
)RUsLQVWDOODWLRQV
0RGHO .LW
3(%'0%% -;'0%%
3(%6066 -;6066
3(%'0:: -;'0::
127(2YHQYHQWVDQGRYHQOLJKWDUHORFDWHGRQWKHLQVLGH
ZDOOVRIWKHPLFURZDYHRYHQ7KHUDWLQJSODWHLVORFDWHGRQ
WKHIDFHRIWKHRYHQYLVLEOHZKHQWKHGRRULVRSHQ


<RXFDQFRRNE\PLFURZDYHFRQYHFWLRQRUFRPELQDWLRQ
$ERXWWKHFRRNLQJIHDWXUHVRI\RXU
PLFURZDYHFRQYHFWLRQRYHQ*($SSOLDQFHVFRP
&RRNLQJ&RQWUROV
6HOHFWRU'LDO
0LFURZDYH&RRNLQJ7LPHDQG$XWR)HDWXUHV
3UHVV 7XUQDQGSXVKGLDOWRHQWHU
7,0(&22. $PRXQWRIFRRNLQJWLPH
3UHVVRQFHRUWZLFH
(;35(66FRRN$GGVHF 6WDUWVLPPHGLDWHO\
'()5267
3UHVVRQFH7LPH $PRXQWRIGHIURVWLQJWLPH
3UHVVWZLFH$XWR )RRGZHLJKW
32:(5OHYHO 3RZHUOHYHO²
6HQVRU)HDWXUHV
3UHVV 7XUQDQGSXVKGLDOWRHQWHU 2SWLRQ
323&251 6WDUWVLPPHGLDWHO\ PRUHOHVVWLPH
3UHVVRQFHRUWZLFH
5(+($7 6WDUWVLPPHGLDWHO\ PRUHOHVVWLPH
%(9(5$*( 6WDUWVLPPHGLDWHO\
&22. )RRGW\SH² PRUHOHVVWLPH
&RQYHFWLRQ&RRNLQJ
3UHVV 7XUQDQGSXVKGLDOWRHQWHU
&219(&7,21FRRN 2YHQWHPSHUDWXUHDQGFRRNWLPH
&RPELQDWLRQ&RRNLQJ
3UHVV 7XUQDQGSXVKGLDOWRHQWHU
&20%,1$7,21FRRN 2YHQWHPSHUDWXUHDQGFRRNWLPH


'RQRWXVHWKHVKHOIZKHQ
PLFURZDYHFRRNLQJ
$OZD\VXVHWKHVKHOIZKHQ
FRQYHFWLRQFRRNLQJ
&RRNLQJ0HWKRG
0LFURZDYHHQHUJ\
LVGLVWULEXWHGHYHQO\
WKURXJKRXWWKHRYHQ
IRUWKRURXJKIDVW
FRRNLQJRIIRRG
+HDW6RXUFH
0LFURZDYHHQHUJ\
+HDW&RQGXFWLRQ
+HDWSURGXFHGZLWKLQ
IRRGE\LQVWDQWHQHUJ\
SHQHWUDWLRQ
%HQHILWV
)DVWKLJKHIILFLHQF\
FRRNLQJ2YHQDQG
VXUURXQGLQJVGR
QRWJHWKRW
(DV\FOHDQXS
&RRNLQJ0HWKRG
+RWDLUFLUFXODWHV
DURXQGIRRGWR
SURGXFHEURZQHG
H[WHULRUVDQGVHDO
LQMXLFHV
+HDW6RXUFH
&LUFXODWLQJ
KHDWHGDLU
+HDW&RQGXFWLRQ
+HDWFRQGXFWHG
IURPRXWVLGHRIIRRG
WRLQVLGH
%HQHILWV
$LGVLQEURZQLQJ
DQGVHDOVLQIODYRU
&RRNVVRPHIRRGV
IDVWHUWKDQUHJXODU
RYHQV
&RRNLQJ0HWKRG
0LFURZDYHHQHUJ\
DQGFRQYHFWLRQKHDW
FRPELQHWRFRRN
IRRGVLQXSWR
RQHKDOIWKHWLPH
RIUHJXODURYHQV
ZKLOHEURZQLQJDQG
VHDOLQJLQMXLFHV
+HDW6RXUFH
0LFURZDYHHQHUJ\
DQGFLUFXODWLQJ
KHDWHGDLU
+HDW&RQGXFWLRQ
)RRGKHDWVIURP
LQVWDQWHQHUJ\IURP
SHQHWUDWLRQDQG
KHDWFRQGXFWHGIURP
RXWVLGHRIIRRG
%HQHILWV
6KRUWHQHG
FRRNLQJWLPHIURP
PLFURZDYHHQHUJ\
SOXVEURZQLQJ
DQGFULVSLQJIURP
FRQYHFWLRQKHDW
$OZD\VXVHWKHVKHOIZKHQ
FRPELQDWLRQFRRNLQJ

$YDLODEOHFRRNLQJRSWLRQV
0LFURZDYH&RRNLQJ
&RQYHFWLRQ&RRNLQJ
&RPELQDWLRQ&RRNLQJ
<RXURYHQDOVRRIIHUVWKHRSWLRQRIFRPELQDWLRQFRRNLQJXVLQJPLFURZDYHHQHUJ\DORQJZLWK
FRQYHFWLRQFRRNLQJ<RXFRRNZLWKVSHHGDQGDFFXUDF\ZKLOHEURZQLQJDQGFULVSLQJWRSHUIHFWLRQ
'XULQJFRQYHFWLRQFRRNLQJDKHDWLQJHOHPHQWLVXVHGWRUDLVHWKHWHPSHUDWXUHRIWKHDLULQVLGHWKHRYHQ
$Q\RYHQWHPSHUDWXUHIURP)WR)PD\EHSURJUDPPHG$IDQJHQWO\FLUFXODWHVWKLVKHDWHG
DLUWKURXJKRXWWKHRYHQRYHUDQGDURXQGWKHIRRGSURGXFLQJJROGHQEURZQH[WHULRUVDQGULFKPRLVW
LQWHULRUV
%HFDXVHWKHKHDWHGDLULVNHSWFRQVWDQWO\PRYLQJQRWSHUPLWWLQJDOD\HURIFRROHUDLUWRGHYHORSDURXQG
WKHIRRGVRPHIRRGVFRRNIDVWHUWKDQLQUHJXODURYHQFRRNLQJ
<RXURYHQXVHVPLFURZDYHHQHUJ\WRFRRNE\DVHWWLPHRUZHLJKWRUDXWRPDWLFDOO\
E\VHQVRU
6HQVRUPLFURZDYHZRUNVE\GHWHFWLQJWKHLQFUHDVLQJKXPLGLW\UHOHDVHGGXULQJFRRNLQJ
7KHRYHQDXWRPDWLFDOO\DGMXVWVWKHFRRNLQJWLPHWRYDULRXVW\SHVDQGDPRXQWVRIIRRG
