GE CT918STSS User manual
*(
3.²s6LQJOH:DOO2YHQ
3.²s'RXEOH:DOO2YHQ
37s6LQJOH:DOO2YHQ
37²s6LQJOH:DOO2YHQ
37²s'RXEOH:DOO2YHQ
37s'RXEOH:DOO2YHQ
&7s6LQJOH:DOO2YHQ
&7s'RXEOH:DOO2YHQ
2ZQHU·V0DQXDO
*($SSOLDQFHVFRP
6DIHW\,QVWUXFWLRQV²
2SHUDWLQJ,QVWUXFWLRQV
&ORFNDQG7LPHU
&RQWURO/RFNRXW
&RQWUROV
&RQYHFWLRQ ²
2YHQ
3UREH
3URRILQJ
6DEEDWK)HDWXUH
6HOI&OHDQLQJ2YHQ
6SHFLDO)HDWXUHV
7KHUPRVWDW
7LPHG%DNLQJ
DQG5RDVWLQJ
:DUPLQJ
&DUHDQG&OHDQLQJ
$OXPLQXP)RLO
&OHDQLQJ2YHQ'RRU
&RQWURO3DQHO
/LIW2II2YHQ'RRU
/LJKW%XOE
3UREH
5DFNV
5HPRYLQJ3DFNDJLQJ7DSH
6WDLQOHVV6WHHO6XUIDFHV
7URXEOHVKRRWLQJ7LSV
$FFHVVRULHV
&RQVXPHU6XSSRUW
&RQVXPHU6XSSRUW
:DUUDQW\
:ULWHWKHPRGHODQGVHULDO
QXPEHUVKHUH
0RGHO BBBBBBBBBBBBBBBBBB
6HULDOBBBBBBBBBBBBBBBBBBB
<RXFDQILQGWKHPRQDODEHO
RQWKHIURQWRIWKHRYHQEHKLQG
WKHRYHQGRRURQVLQJOHRYHQPRGHOVRU
WKHIURQWRIWKHORZHURYHQEHKLQG
WKHRYHQGRRURQGRXEOHRYHQPRGHOV
%XLOW,Q2YHQ
(OHFWULF6HOI&OHDQLQJ
3ULQWHGRQ
5HF\FOHG3DSHU
6$9(7+(6(,16758&7,216
■8VHWKLVDSSOLDQFHRQO\IRULWVLQWHQGHGSXUSRVHDV
GHVFULEHGLQWKLV2ZQHU·V0DQXDO
■%HVXUH\RXUDSSOLDQFHLVSURSHUO\LQVWDOOHGDQG
JURXQGHGE\DTXDOLILHGLQVWDOOHULQDFFRUGDQFHZLWK
WKHSURYLGHGLQVWDOODWLRQLQVWUXFWLRQV
■ 'RQRWDWWHPSWWRUHSDLURUUHSODFHDQ\SDUWRI\RXU
RYHQXQOHVVLWLVVSHFLILFDOO\UHFRPPHQGHGLQWKLV
PDQXDO$OORWKHUVHUYLFLQJVKRXOGEHWUDQVIHUUHGWR
DTXDOLILHGWHFKQLFLDQ
■ %HIRUHSHUIRUPLQJDQ\VHUYLFHGLVFRQQHFWWKH
SRZHUVXSSO\DWWKHKRXVHKROGGLVWULEXWLRQSDQHO
E\UHPRYLQJWKHIXVHRUVZLWFKLQJRIIWKHFLUFXLW
EUHDNHU
■ 'RQRWOHDYHFKLOGUHQDORQH³FKLOGUHQVKRXOGQRW
EHOHIWDORQHRUXQDWWHQGHGLQDQDUHDZKHUHDQ
DSSOLDQFHLVLQXVH7KH\VKRXOGQHYHUEHDOORZHG
WRFOLPEVLWRUVWDQGRQDQ\SDUWRIWKHDSSOLDQFH
■ &$87,21'RQRWVWRUHLWHPVRILQWHUHVW
WRFKLOGUHQLQFDELQHWVDERYHDQRYHQFKLOGUHQ
FOLPELQJRQWKHRYHQWRUHDFKLWHPVFRXOGEH
VHULRXVO\LQMXUHG
■8VHRQO\GU\SRWKROGHUV³PRLVWRUGDPSSRWKROGHUV
RQKRWVXUIDFHVPD\UHVXOWLQEXUQVIURPVWHDP'R
QRWOHWSRWKROGHUVWRXFKKRWKHDWLQJHOHPHQWV'R
QRWXVHDWRZHORURWKHUEXON\FORWKLQSODFHRISRW
KROGHUV
■1HYHUXVH\RXUDSSOLDQFHIRUZDUPLQJRUKHDWLQJ
WKHURRP
■'RQRWWRXFKWKHKHDWLQJHOHPHQWVRUWKHLQWHULRU
VXUIDFHRIWKHRYHQ7KHVHVXUIDFHVPD\EHKRW
HQRXJKWREXUQHYHQWKRXJKWKH\DUHGDUNLQFRORU
'XULQJDQGDIWHUXVHGRQRWWRXFKRUOHWFORWKLQJ
RURWKHUIODPPDEOHPDWHULDOVFRQWDFWDQ\LQWHULRU
DUHDRIWKHRYHQDOORZVXIILFLHQWWLPHIRUFRROLQJ
ILUVW2WKHUVXUIDFHVRIWKHDSSOLDQFHPD\EHFRPH
KRWHQRXJKWRFDXVHEXUQV3RWHQWLDOO\KRWVXUIDFHV
LQFOXGHWKHRYHQYHQWRSHQLQJVXUIDFHVQHDUWKH
RSHQLQJDQGFUHYLFHVDURXQGWKHRYHQGRRU
■'RQRWKHDWXQRSHQHGIRRGFRQWDLQHUV3UHVVXUH
FRXOGEXLOGXSDQGWKHFRQWDLQHUFRXOGEXUVW
FDXVLQJDQLQMXU\
'RQRWXVHDOXPLQXPIRLOWROLQHWKHRYHQERWWRP
)RLOFDQWUDSKHDWRUPHOWUHVXOWLQJLQGDPDJHWR
WKHSURGXFWDQGDVKRFNRUILUHKD]DUG
■$YRLGVFUDWFKLQJRULPSDFWLQJJODVVGRRUVRUFRQWURO
SDQHOV'RLQJVRPD\OHDGWRJODVVEUHDNDJH'RQRW
FRRNRQDSURGXFWZLWKEURNHQJODVV6KRFNILUHRU
FXWVPD\RFFXU
■&RRNPHDWDQGSRXOWU\WKRURXJKO\³PHDWWRDWOHDVW
DQLQWHUQDOWHPSHUDWXUHRI)DQGSRXOWU\WR
DWOHDVWDQLQWHUQDOWHPSHUDWXUHRI)&RRNLQJ
WRWKHVHWHPSHUDWXUHVXVXDOO\SURWHFWVDJDLQVW
IRRGERUQHLOOQHVV
*(1(5$/6$)(7<,16758&7,216
,03257$176$)(7<,1)250$7,21
5($'$//,16758&7,216%()25(86,1*
5HDGDOOVDIHW\LQVWUXFWLRQVEHIRUHXVLQJWKHSURGXFW)DLOXUHWRIROORZWKHVHLQVWUXFWLRQVPD\UHVXOWLQILUHHOHFWULFDO
VKRFNVHULRXVLQMXU\RUGHDWK
,03257$176$)(7<127,&(
7KH&DOLIRUQLD6DIH'ULQNLQJ:DWHUDQG7R[LF(QIRUFHPHQW$FWUHTXLUHVWKH*RYHUQRURI&DOLIRUQLDWRSXEOLVKDOLVWRI
VXEVWDQFHVNQRZQWRWKHVWDWHWRFDXVHFDQFHUELUWKGHIHFWVRURWKHUUHSURGXFWLYHKDUPDQGUHTXLUHVEXVLQHVVHV
WRZDUQFXVWRPHUVRISRWHQWLDOH[SRVXUHWRVXFKVXEVWDQFHV
7KHILEHUJODVVLQVXODWLRQLQVHOIFOHDQRYHQVJLYHVRIIDYHU\VPDOODPRXQWRIFDUERQPRQR[LGHGXULQJWKHFOHDQLQJ
F\FOH([SRVXUHFDQEHPLQLPL]HGE\YHQWLQJZLWKDQRSHQZLQGRZRUXVLQJDYHQWLODWLRQIDQRUKRRG
WARNING
WARNING
WARNING
6$9(7+(6(,16758&7,216
ZZZ*($SSOLDQFHVFD
'RQRWVWRUHRUXVHIODPPDEOHPDWHULDOVLQRUQHDU
DQRYHQLQFOXGLQJSDSHUSODVWLFSRWKROGHUVOLQHQV
ZDOOFRYHULQJVFXUWDLQVGUDSHVDQGJDVROLQHRU
RWKHUIODPPDEOHYDSRUVDQGOLTXLGV
1HYHUZHDUORRVHILWWLQJRUKDQJLQJJDUPHQWVZKLOH
XVLQJWKHDSSOLDQFH7KHVHJDUPHQWVPD\LJQLWHLI
WKH\FRQWDFWKRWVXUIDFHVFDXVLQJVHYHUHEXUQV
'RQRWOHWFRRNLQJJUHDVHRURWKHUIODPPDEOH
PDWHULDOVDFFXPXODWHLQRUQHDUWKHRYHQ*UHDVHLQ
WKHRYHQRUQHDUWKHRYHQPD\LJQLWH
.((3)/$00$%/(0$7(5,$/6$:$<)5207+(29(1
)DLOXUHWRGRVRPD\UHVXOWLQILUHRUSHUVRQDOLQMXU\
'RQRWXVHZDWHURQJUHDVHILUHV1HYHUSLFNXSD
IODPLQJSDQ
,IWKHUHLVDILUHLQWKHRYHQGXULQJEDNLQJVPRWKHU
WKHILUHE\FORVLQJWKHRYHQGRRUDQGWXUQLQJWKH
RYHQRIIRUE\XVLQJDPXOWLSXUSRVHGU\FKHPLFDORU
IRDPW\SHILUHH[WLQJXLVKHU
,IWKHUHLVDILUHLQWKHRYHQGXULQJVHOIFOHDQWXUQ
WKHRYHQRIIDQGZDLWIRUWKHILUHWRJRRXW'RQRW
IRUFHWKHGRRURSHQ,QWURGXFWLRQRIIUHVKDLUDWVHOI
FOHDQWHPSHUDWXUHVPD\OHDGWRDEXUVWRIIODPH
IURPWKHRYHQ)DLOXUHWRIROORZWKLVLQVWUXFWLRQPD\
UHVXOWLQVHYHUHEXUQV
,17+((9(172)$),5(7$.(7+()2//2:,1*67(36
7235(9(17,1-85<$1'),5(635($',1*
6WDQGDZD\IURPWKHRYHQZKHQRSHQLQJWKHRYHQ
GRRU+RWDLURUVWHDPZKLFKHVFDSHVFDQFDXVH
EXUQVWRKDQGVIDFHDQGRUH\HV
.HHSWKHRYHQYHQWXQREVWUXFWHG
.HHSWKHRYHQIUHHIURPJUHDVHEXLOGXS*UHDVHLQ
WKHRYHQPD\LJQLWH
3ODFHRYHQUDFNVLQGHVLUHGORFDWLRQZKLOHRYHQLV
FRRO,IUDFNPXVWEHPRYHGZKLOHRYHQLVKRWGRQRW
OHWSRWKROGHUFRQWDFWKRWKHDWLQJHOHPHQWLQRYHQ
:KHQXVLQJFRRNLQJRUURDVWLQJEDJVLQWKHRYHQ
IROORZWKHPDQXIDFWXUHU·VGLUHFWLRQV
3XOOLQJRXWWKHVWDQGDUGUDFNVWRWKHLUVWRSORFNV
RUWKHH[WHQVLRQUDFNWRLWVIXOO\RSHQSRVLWLRQ
LVDFRQYHQLHQFHLQOLIWLQJKHDY\IRRGV,WLVDOVR
DSUHFDXWLRQDJDLQVWEXUQVIURPWRXFKLQJKRW
VXUIDFHVRIWKHGRRURURYHQZDOOV
'RQRWOHDYHLWHPVVXFKDVSDSHUFRRNLQJXWHQVLOV
RUIRRGLQWKHRYHQZKHQQRWLQXVH,WHPVVWRUHGLQ
DQRYHQFDQLJQLWH
29(16$)(7<,16758&7,216
WARNING
WARNING
WARNING
7KHVHOIFOHDQLQJIHDWXUHRSHUDWHVWKHRYHQDWWHPSHUDWXUHVKLJKHQRXJKWREXUQDZD\IRRGVRLOVLQWKHRYHQ
)ROORZWKHVHLQVWUXFWLRQVIRUVDIHRSHUDWLRQ
%HIRUHVHOIFOHDQLQJWKHRYHQUHPRYHVKLQ\VLOYHU
FRORUHGRYHQUDFNVRQVRPHPRGHOVWKHSUREHDQ\
DOXPLQXPIRLODQGDQ\EURLOHUSDQJULGDQGRWKHU
FRRNZDUH2QO\SRUFHODLQFRDWHGRYHQUDFNVPD\
EHOHIWLQWKHRYHQ
%HIRUHRSHUDWLQJWKHVHOIFOHDQF\FOHZLSHJUHDVH
DQGIRRGVRLOVIURPWKHRYHQ([FHVVLYHDPRXQWRI
JUHDVHPD\LJQLWHOHDGLQJWRVPRNHGDPDJHWR\RXU
KRPH
,IWKHVHOIFOHDQLQJPRGHPDOIXQFWLRQVWXUQWKH
RYHQRIIDQGGLVFRQQHFWWKHSRZHUVXSSO\+DYHLW
VHUYLFHGE\DTXDOLILHGWHFKQLFLDQ
'RQRWFOHDQWKHGRRUJDVNHW7KHGRRUJDVNHWLV
HVVHQWLDOIRUDJRRGVHDO&DUHVKRXOGEHWDNHQQRW
WRUXEGDPDJHRUPRYHWKHJDVNHW
'RQRWXVHRYHQFOHDQHUV1RFRPPHUFLDORYHQ
FOHDQHURURYHQOLQHUSURWHFWLYHFRDWLQJRIDQ\NLQG
VKRXOGEHXVHGLQRUDURXQGDQ\SDUWRIWKHRYHQ
6(/)&/($1,1*29(16$)(7<,16758&7,2166RPHPRGHOV
WARNING
6$9(7+(6(,16758&7,216
,03257$176$)(7<,1)250$7,21
5($'$//,16758&7,216%()25(86,1*
8VLQJWKHRYHQFRQWUROV
7KURXJKRXWWKLVPDQXDOIHDWXUHVDQGDSSHDUDQFHPD\YDU\IURP\RXUPRGHO*($SSOLDQFHVFRP
%DNH3DG
3UHVVWRVHOHFWWKHEDNHIXQFWLRQ
%URLO+L/R3DG
3UHVVWRVHOHFWWKHEURLOIXQFWLRQ
&RQYHFWLRQ%DNH3DG
3UHVVWRVHOHFWEDNLQJZLWKWKHFRQYHFWLRQIXQFWLRQ
&RQYHFWLRQ5RDVW3DG
3UHVVWRVHOHFWURDVWLQJZLWKWKHFRQYHFWLRQIXQFWLRQ
6WDUW3DG
0XVWEHSUHVVHGWRVWDUWDQ\FRRNLQJRUFOHDQLQJ
IXQFWLRQ
'LVSOD\
6KRZVWKHWLPHRIGD\RYHQWHPSHUDWXUHZKHWKHUWKH
RYHQLVLQWKHEDNHEURLORUVHOIFOHDQLQJPRGHDQGWKH
WLPHVVHWIRU
WKHWLPHURUDXWRPDWLFRYHQRSHUDWLRQV
,I´)²DQGDQXPEHURUOHWWHUµIODVKLQWKHGLVSOD\DQGWKHRYHQ
FRQWUROVLJQDOVWKLVLQGLFDWHVDIXQFWLRQHUURUFRGH3UHVVWKH
&OHDU2IISDG$OORZWKHRYHQWRFRROIRURQHKRXU3XWWKHRYHQ
EDFNLQWRRSHUDWLRQ,IWKHIXQFWLRQHUURUFRGHUHSHDWVGLVFRQQHFW
WKHSRZHUWRWKHRYHQDQGFDOOIRUVHUYLFH
,I\RXURYHQZDVVHWIRUDWLPHGRYHQRSHUDWLRQDQGDSRZHU
RXWDJHRFFXUUHGWKHFORFNDQGDOOSURJUDPPHGIXQFWLRQVPXVW
EHUHVHW
7KHWLPHRIGD\ZLOOIODVKLQWKHGLVSOD\ZKHQWKHUHKDVEHHQD
SRZHURXWDJH
6HOI&OHDQ6WG/RZ3DG
3UHVVWRVHOHFWVHOIFOHDQLQJIXQFWLRQ6HHWKH8VLQJWKH
VHOIFOHDQLQJRYHQ VHFWLRQ
2YHQ/LJKW2Q2II3DG
3UHVVWRWXUQWKHRYHQOLJKWRQRURII
'HOD\6WDUW3DG
8VHDORQJZLWK&RRNLQJ7LPHRU6HOI&OHDQ6WG/RZ
SDGVWRVHWWKHRYHQWRVWDUWDQGVWRSDXWRPDWLFDOO\DWD
WLPH\RXVHW
&RRNLQJ7LPH3DG
3UHVVDQGWKHQSUHVVWKHQXPEHUSDGVWRVHWWKHDPRXQW
RIWLPH\RXZDQW\RXUIRRGWRFRRN7KHRYHQZLOOVKXWRII
DXWRPDWLFDOO\ZKHQWKHFRRNLQJWLPHKDVUXQRXWXQOHVV
WKH&RRNDQG+ROGIHDWXUHZDVVHW
&OHDU2II3DG
3UHVVWRFDQFHO$// RYHQRSHUDWLRQVH[FHSWWKHFORFN
DQGWLPHU
&ORFN3DG
3UHVVEHIRUHVHWWLQJWKHFORFN
1XPEHU3DGV
8VHWRVHWDQ\IXQFWLRQUHTXLULQJQXPEHUVVXFKDVWKH
WLPHRIGD\RQWKHFORFNWKHWLPHUWKHRYHQWHPSHUDWXUH
WKHLQWHUQDOIRRGWHPSHUDWXUHWKHVWDUWWLPHDQG
OHQJWKRIRSHUDWLRQIRUWLPHGEDNLQJ
DQGVHOIFOHDQLQJ
.LWFKHQ7LPHU2Q2II3DG
3UHVVWRVHOHFWWKHWLPHUIHDWXUH
3UREH3DG
3UHVVZKHQXVLQJWKHSUREHWRFRRNIRRG
:DUP3DG
3UHVVWRNHHSKRWFRRNHGIRRGVZDUP
3URRI3DG
3UHVVWRVHOHFWDZDUPHQYLURQPHQWXVHIXOIRUULVLQJ
\HDVWOHDYHQHGSURGXFWV
'RXEOHRYHQFRQWUROVKRZQ
8VLQJWKHRYHQ
%HIRUH\RXEHJLQ«
&$87,217RDYRLGSRVVLEOH
EXUQVSODFHWKHUDFNVLQWKHGHVLUHGSRVLWLRQ
EHIRUH\RXWXUQWKHRYHQRQ
7KHUDFNVDUHGHVLJQHGVRWKDWZKHQ
SODFHGFRUUHFWO\LQWKHRYHQRQWKH
VXSSRUWVWKH\ZLOOVWRSEHIRUHFRPLQJ
FRPSOHWHO\RXWDQGZLOOQRWWLOW
127(7KHµRYHQKDVUDFNSRVLWLRQV
7KHµRYHQKDVUDFNSRVLWLRQV
&$87,211HYHUSODFHFRRNLQJ
XWHQVLOVSL]]DVWRQHRUDQ\RWKHULWHPVRQ
WKHRYHQIORRU7KHUHLVDKHDWLQJHOHPHQW
EHQHDWKWKHRYHQIORRU3ODFLQJLWHPVRQWKH
RYHQIORRUPD\FDXVHWKHRYHQWRRYHUKHDW
UHVXOWLQJLQGDPDJHWRWKHRYHQDQGULVNRI
GDPDJHRUILUHWRFDELQHWV
$OXPLQXP)RLO
'RQRWXVHDOXPLQXPIRLOWROLQHRYHQ
ERWWRPV7KHIRLOZLOOWUDSKHDWEHORZDQG
XSVHWWKHSHUIRUPDQFHRIWKHRYHQ)RLOFDQ
PHOWDQGSHUPDQHQWO\GDPDJHWKHRYHQ
ERWWRP'DPDJHIURPLPSURSHUXVHRI
DOXPLQXPIRLOLVQRWFRYHUHGE\WKHSURGXFW
ZDUUDQW\
)RLOPD\EHXVHGWRFDWFKVSLOOVE\SODFLQJ
DVKHHWRQDORZHUUDFNVHYHUDOLQFKHV
EHORZWKHIRRG'RQRWXVHPRUHIRLOWKDQ
QHFHVVDU\DQGQHYHUHQWLUHO\FRYHUDQRYHQ
UDFNZLWKDOXPLQXPIRLO.HHSIRLODWOHDVW
µIURPRYHQZDOOVWRSUHYHQWSRRUKHDW
FLUFXODWLRQ
6WDQGDUG5DFNV
([WHQVLRQ5DFNV
:KHQSODFLQJDQGUHPRYLQJFRRNZDUH
SXOOWKHUDFNRXWWRWKHEXPSVWRS
SRVLWLRQRQWKHUDFNVXSSRUW
7RUHPRYHDUDFNSXOOLWWRZDUG\RXWLOW
WKHIURQWHQGXSDQGSXOOLWRXW
7RUHSODFHSODFHWKHFXUYHGHQGRI
WKHUDFNVWRSORFNVRQWRWKHRYHQ
VXSSRUWVWLOWXSWKHIURQWRIWKHUDFN
DQGSXVKWKHUDFNLQ
Upper Front Rail
Release Levers
Fully Open Position
:KHQSODFLQJDQGUHPRYLQJFRRNZDUH
DOZD\VSXOOWKHUDFNRXWE\LWVXSSHUIURQW
UDLOWRLWVIXOO\RSHQSRVLWLRQ
127('RQRWH[WHQGWKHUDFNTXLFNO\
)RRGPD\VOLGHRIIWKHIURQWRIWKHUDFN
7RUHPRYHWKHUDFN
0DNHVXUHWKHUDFNLVSXVKHGDOOWKH
ZD\LQWRWKHRYHQ
3XOOERWKUHOHDVHOHYHUVWRZDUGWKH
IURQWRIWKHUDFNKROGWKHPDQGVOLGH
WKHUDFNWRZDUG\RXWRWKHEXPSVWRS
SRVLWLRQRQWKHUDFNVXSSRUW
)LUPO\JUDVSERWKVLGHVRIWKHUDFN
IUDPHDQGWKHVOLGLQJUDFNWLOWWKH
IURQWHQGXSDQGSXOOLWRXW
127(:KHQKDQGOLQJWKHH[WHQVLRQ
UDFNGRQRWDOORZWKHVOLGLQJSRUWLRQWR
IDOORSHQ7KLVFDQGDPDJHWKHVOLGHV
ZZZ*($SSOLDQFHVFD
3UHKHDWLQJDQG3DQ3ODFHPHQW
3UHKHDWWKHRYHQLIWKHUHFLSHFDOOVIRULW
3UHKHDWLQJLVQHFHVVDU\IRUJRRGUHVXOWV
ZKHQEDNLQJFDNHVFRRNLHVSDVWU\DQG
EUHDGV
7RSUHKHDWVHWWKHRYHQDWWKHFRUUHFW
WHPSHUDWXUH7KHFRQWUROZLOOEHHSZKHQ
WKHRYHQLVSUHKHDWHGDQGWKHGLVSOD\
ZLOOVKRZ\RXUVHWWHPSHUDWXUH7KLVPD\
WDNHDSSUR[LPDWHO\PLQXWHV
%DNLQJDQGURDVWLQJUHVXOWVZLOOEHEHWWHU
LIWKHUDFNLVSRVLWLRQHGVRWKDWIRRGLV
FHQWHUHGLQWKHRYHQFDYLW\DVPXFKDV
SRVVLEOH$QJHOIRRGFDNHLVWKHH[FHSWLRQ
DQGVKRXOGEHSODFHGRQWKHERWWRPRYHQ
UDFN5DFN$)ROORZSDFNDJHGLUHFWLRQV
RQSUHSDFNDJHGDQGIUR]HQIRRGVIRUSDQ
SODFHPHQW
3DQVVKRXOGQRWWRXFKHDFKRWKHURUWKH
ZDOOVRIWKHRYHQ/HDYHDSSUR[LPDWHO\
µIURPWKHRYHQZDOOV,I\RXQHHG
WRXVHWZRUDFNVVWDJJHUWKHSDQVVR
RQHLVQRWGLUHFWO\DERYHWKHRWKHU
3OHDVHQRWHWKDWH[WHQVLRQUDFNVSRVLWLRQ
IRRGKLJKHULQWKHRYHQ$QH[WHQVLRQUDFN
VKRXOGEHSODFHGRQHSRVLWLRQORZHUWKDQ
DIODWUDFNZRXOGEHVRWKHIRRGLVLQWKH
VDPHORFDWLRQ
)RUµ2YHQV,IEDNLQJIRXUFDNHOD\HUVDW
WKHVDPHWLPHSODFHWZROD\HUVRQUDFN$
DQGWZROD\HUVRQUDFN&
)RUµ2YHQV,IEDNLQJIRXUFDNHOD\HUVDW
WKHVDPHWLPHSODFHWZROD\HUVRQUDFN%
DQGWZROD\HUVRQUDFN'
6WDJJHUSDQVRQWKHUDFNVRRQHLVQRW
GLUHFWO\DERYHWKHRWKHU
+RZWR6HWWKH2YHQIRU%DNLQJRU5RDVWLQJ
3UHVVWKH%DNHSDG
3UHVVWKHQXPEHUSDGVWRVHWWKHGHVLUHG
WHPSHUDWXUH
3UHVVWKH6WDUWSDG
&KHFNIRRGIRUGRQHQHVVDWPLQLPXPWLPH
RQUHFLSH&RRNORQJHULIQHFHVVDU\
3UHVVWKH2IISDGZKHQFRRNLQJLV
FRPSOHWH
127($FRROLQJIDQPD\
DXWRPDWLFDOO\WXUQRQDQGRIIWR
FRROLQWHUQDOSDUWV7KLVLVQRUPDO
DQGWKHIDQPD\FRQWLQXHWRUXQ
HYHQDIWHUWKHRYHQLVWXUQHGRII
([WHQVLRQ5DFNV&RQWLQXHG
Grasp here
7RUHSODFHWKHUDFN
)LUPO\JUDVSERWKVLGHVRIWKHUDFN
IUDPHDQGWKHVOLGLQJUDFN
3ODFHWKHFXUYHGHQGRIWKHUDFN
VWRSORFNVRQWRWKHRYHQVXSSRUWV
WLOWXSWKHIURQWRIWKHUDFNDQGSXVKLW
LQDVIDUDVLWZLOOJR
&$87,211HYHUXVHWKHUDFN
ZKHQLWVIUDPHLVQRWIXOO\LQVHUWHGLQWKH
RYHQDQGORFNHGLQWRSRVLWLRQ
:KHQWKHUDFNLVSURSHUO\LQVWDOOHGDQG
ORFNHGLQWRSRVLWLRQWKHORFNLQJVLGH
SDGGOHVRQWKHUDFNIUDPHZLOOFOLFN
ORFNLQWRSODFHRQWKHRYHQVXSSRUWV,I
WKHVLGHSDGGOHVGLGQRWFOLFNORFNLQWR
SRVLWLRQUHSHDWWKHVWHSVDERYHDQG
PDNHVXUHWKHVLGHSDGGOHVKDYHEHHQ
FRUUHFWO\FOHDQHGDQGOXEULFDWHG6HH
([WHQVLRQ5DFNLQWKH&DUHDQGFOHDQLQJ
VHFWLRQ
'RQRWSODFHWKHH[WHQVLRQUDFNLQWKH
KLJKHVWSRVLWLRQLQWKHRYHQ
µ2YHQV
µ2YHQV
+RZWR6HWWKH2YHQIRU%URLOLQJ
&ORVHWKHGRRU$OZD\VEURLOZLWKWKHGRRU
FORVHG
3ODFHWKHPHDWRUILVKRQDEURLOHUJULGLQD
EURLOHUSDQ
)ROORZVXJJHVWHGUDFNSRVLWLRQV
LQWKH%URLOLQJ*XLGH
7KHVL]HZHLJKWWKLFNQHVVVWDUWLQJWHPSHUDWXUH
DQG\RXUSUHIHUHQFHIRUGRQHQHVVZLOODIIHFW
EURLOLQJWLPHV7KLVJXLGHLVEDVHGRQPHDWV
DWUHIULJHUDWRUWHPSHUDWXUH
3UHVVWKH%URLO+L/RSDGRQFHIRU
+,%URLO
7RFKDQJHWR/2%URLOSUHVV
WKH%URLO+L/R SDGDJDLQ
3UHVVWKH6WDUWSDG
:KHQEURLOLQJLVILQLVKHGSUHVV
WKH&OHDU2IISDG
&ORVHWKHGRRU$OZD\VEURLOZLWK
WKHGRRUFORVHG
,I\RXURYHQLVFRQQHFWHGWR
YROWVUDUHVWHDNVPD\EHEURLOHG
E\SUHKHDWLQJWKHEURLOHUDQG
SRVLWLRQLQJWKHRYHQUDFNRQH
SRVLWLRQKLJKHU
8VLQJWKHRYHQ
%URLOLQJ*XLGH
7KH86'HSDUWPHQWRI$JULFXOWXUHVD\V´5DUHEHHILVSRSXODUEXW\RXVKRXOGNQRZWKDWFRRNLQJLWWRRQO\)PHDQVVRPHIRRGSRLVRQLQJRUJDQLVPV
PD\VXUYLYHµ6RXUFH6DIH)RRG%RRN<RXU.LWFKHQ*XLGH86'$5HY-XQH
)RRG 'RQHQHVV 7\SHRU
7KLFNQHVV
%URLO
6HWWLQJ
5DFN3RVLWLRQ
µ
5DFN3RVLWLRQ
µ
&RPPHQWV
%HHI 5DUH
)
6WHDNV
µWKLFN
+L ' 'RU( 6WHDNVOHVVWKDQµWKLFNDUH
GLIILFXOWWRFRRNUDUH7KH\FRRN
WKURXJKEHIRUHEURZQLQJ
0HGLXP
)
6WHDNV
µµ
WKLFN
+L ' 'RU( 7RDYRLGFXUOLQJVODVKIDWDWµ
LQWHUYDOV
:HOO'RQH
)
6WHDNV
µµ
WKLFN
*URXQG%HHI
3DWWLHVµ
WRµWKLFN
+L ' )
&KLFNHQ %UHDVW
ERQHOHVV
/R $ 'RU( %URLOVNLQVLGHGRZQILUVW
%UHDVW
ERQHLQ
/R $ 'RU(
)LVK
ILOOHWV
µWRµ
WKLFN
+L & ) +DQGOHDQGWXUQYHU\FDUHIXOO\
/R & )
3RUN
FKRSV
:HOO'RQH
)
µWKLFN +L & ' 7RDYRLGFXUOLQJVODVKIDWDWµ
LQWHUYDOV
8VLQJWKHFORFNWLPHUDQGFRQWUROORFNRXW
7R6HWWKH&ORFN
7KHFORFNPXVWEHVHWWRWKHFRUUHFWWLPHRIGD\
IRUWKHDXWRPDWLFRYHQWLPLQJIXQFWLRQVWRZRUN
SURSHUO\7KHWLPHRIGD\FDQQRWEHFKDQJHG
GXULQJDWLPHGEDNLQJRUVHOIFOHDQLQJF\FOH
3UHVVWKH&ORFNSDG
3UHVVWKHQXPEHUSDGV
3UHVVWKH6WDUWSDG
0DNHVXUHWKHFORFNLVVHW
WRWKHFRUUHFWWLPHRIGD\
7R6HWWKH7LPHU
3UHVVWKH.LWFKHQ7LPHU2Q2IISDG
3UHVVWKHQXPEHUSDGVXQWLOWKHDPRXQW
RIWLPH\RXZDQWVKRZVLQWKHGLVSOD\)RU
H[DPSOHWRVHWKRXUVDQGPLQXWHV
SUHVV DQG LQWKDWRUGHU,I\RXPDNH
DPLVWDNHSUHVVWKH.LWFKHQ7LPHU2Q2II
SDGDQGEHJLQDJDLQ
3UHVVWKH6WDUWSDG
$IWHUSUHVVLQJWKH6WDUWSDG6(7GLVDSSHDUV
WKLVWHOOV\RXWKHWLPHLVFRXQWLQJGRZQ
DOWKRXJKWKHGLVSOD\GRHVQRWFKDQJHXQWLORQH
PLQXWHKDVSDVVHG6HFRQGVZLOOQRWEHVKRZQ
LQWKHGLVSOD\XQWLOWKHODVWPLQXWHLVFRXQWLQJ
GRZQ
:KHQWKHWLPHUUHDFKHV WKHFRQWURO
ZLOOEHHSWLPHVIROORZHGE\RQHEHHS
HYHU\VHFRQGVXQWLOWKH.LWFKHQ7LPHU
2Q2IISDGLVSUHVVHG
7KHVHFRQGWRQHFDQEHFDQFHOHGE\
IROORZLQJWKHVWHSVLQWKH6SHFLDOIHDWXUHVRI
\RXURYHQFRQWURO VHFWLRQXQGHU7RQHVDWWKH
(QGRID7LPHG&\FOH
7KHWLPHULVDPLQXWHWLPHURQO\
7KHWLPHUGRHVQRWFRQWURORYHQ
RSHUDWLRQV7KHPD[LPXPVHWWLQJ
RQWKHWLPHULVKRXUVDQG
PLQXWHV
7R5HVHWWKH7LPHU
,IWKHGLVSOD\LVVWLOOVKRZLQJWKHWLPHUHPDLQLQJ
\RXPD\FKDQJHLWE\SUHVVLQJWKH.LWFKHQ
7LPHU2Q2II SDGWKHQSUHVVWKHQXPEHUSDGV
XQWLOWKHWLPH\RX
ZDQWDSSHDUVLQWKHGLVSOD\
,IWKHUHPDLQLQJWLPHLVQRWLQWKHGLVSOD\FORFN
GHOD\VWDUWRUFRRNLQJWLPHDUHLQWKHGLVSOD\
UHFDOOWKHUHPDLQLQJWLPHE\SUHVVLQJWKH
.LWFKHQ7LPHU2Q2II SDGDQGWKHQSUHVVLQJ
WKHQXPEHUSDGVWRHQWHUWKHQHZWLPH\RX
ZDQW
7R&DQFHOWKH7LPHU
3UHVV.LWFKHQ7LPHU2Q2IISDGWZLFH
<RXUFRQWUROZLOODOORZ\RXWRORFNRXWWKHWRXFK
SDGVVRWKH\FDQQRWEHDFWLYDWHGZKHQSUHVVHG
127(2QGRXEOHRYHQPRGHOVWKLVDFWLYDWHV
WKLVIHDWXUHIRUERWKRYHQV
7RORFNXQORFNWKHFRQWUROV
3UHVVWKHDQGSDGVDWWKHVDPHWLPH
IRUVHFRQGVXQWLOWKHGLVSOD\VKRZV/2&
21
7RXQORFNWKHFRQWUROSUHVVWKHDQG
SDGVDWWKHVDPHWLPHIRUVHFRQGVXQWLO
WKHGLVSOD\VKRZV/2&2))
:KHQWKLVIHDWXUHLVRQDQGWKHWRXFKSDGVDUH
SUHVVHGWKHFRQWUROZLOOEHHSDQGWKHGLVSOD\
ZLOOVKRZ/2&21
127(6
■ 7KHFRQWUROORFNRXWPRGHDIIHFWVDOOWRXFK
SDGV1RWRXFKSDGVZLOOZRUNZKHQWKLV
IHDWXUHLVDFWLYDWHG
■ 7KHDGMXVWPHQWZLOOEHUHWDLQHGLQPHPRU\
DIWHUDSRZHUIDLOXUH
&RQWURO/RFNRXW
8VLQJWKHWLPHGEDNLQJDQGURDVWLQJIHDWXUHVRQVRPHPRGHOV
2QGRXEOHRYHQPRGHOV\RXFDQXVHWLPHGEDNLQJLQRQHRYHQZKLOHXVLQJVHOIFOHDQLQWKHRWKHU\RXFDQDOVRXVHWLPHG
EDNLQJLQERWKRYHQVDWWKHVDPHWLPH
127()RRGVWKDWVSRLOHDVLO\³VXFKDVPLONHJJVILVKVWXIILQJVSRXOWU\DQGSRUN³VKRXOGQRWEHDOORZHGWRVLWIRUPRUH
WKDQKRXUEHIRUHRUDIWHUFRRNLQJ5RRPWHPSHUDWXUHSURPRWHVWKHJURZWKRIKDUPIXOEDFWHULD%HVXUHWKDWWKHRYHQ
OLJKWLVRIIEHFDXVHKHDWIURPWKHEXOEZLOOVSHHGKDUPIXOEDFWHULDJURZWK
+RZWR6HWDQ,PPHGLDWH6WDUWDQG$XWRPDWLF6WRS
7KHRYHQZLOOWXUQRQLPPHGLDWHO\DQGFRRN
IRUDVHOHFWHGOHQJWKRIWLPH$WWKHHQG
RIWKHFRRNLQJWLPHWKHRYHQZLOOWXUQRII
DXWRPDWLFDOO\
0DNHVXUHWKHFORFNVKRZVWKHFRUUHFWWLPH
RIGD\
3UHVVWKH%DNHSDG
8VLQJWKHQXPEHUSDGVHQWHUWKHGHVLUHG
WHPSHUDWXUH
3UHVVWKH&RRNLQJ7LPHSDG
127(,I\RXUUHFLSHUHTXLUHVSUHKHDWLQJ\RX
PD\QHHGWRDGGDGGLWLRQDOWLPHWRWKHOHQJWK
RIWKHFRRNLQJWLPH
8VLQJWKHQXPEHUSDGVHQWHU
WKHGHVLUHGEDNLQJWLPH7KHRYHQ
WHPSHUDWXUHDQGWKHFRRNLQJWLPH
WKDW\RXHQWHUHGZLOOEHGLVSOD\HG
127(,I\RXZDQW\RXUIRRGWREHNHSWZDUP
IRUXSWRKRXUVDIWHUWKHFRRNLQJIXQFWLRQLV
ILQLVKHGSUHVVWKH:DUPSDGRQFH
3UHVVWKH6WDUWSDG
7KHGLVSOD\ZLOOVKRZWKHFKDQJLQJ
WHPSHUDWXUHVWDUWLQJDW)DQGWKH
FRRNLQJWLPH7KHGLVSOD\VWDUWVFKDQJLQJ
RQFHWKHWHPSHUDWXUHUHDFKHV)
127(2QGRXEOHRYHQPRGHOVZKHQXVLQJ
ERWKRYHQVDWWKHVDPHWLPHWKHWLPHV
VKRZLQJLQWKHGLVSOD\ZLOOEHIRUWKHODVWRYHQ
VHW7RGLVSOD\WKHWLPHVHWIRUWKHILUVWRYHQVHW
SUHVVWKH&RRNLQJ7LPHSDGIRUWKDWRYHQ
7KHRYHQZLOOFRQWLQXHWRFRRNIRUWKH
SURJUDPPHGDPRXQWRIWLPHWKHQVKXWRII
DXWRPDWLFDOO\XQOHVVWKHZDUPHUIHDWXUHZDV
VHW
3UHVVWKH&OHDU2II SDGWRFOHDUWKHGLVSOD\
+RZWR6HWD'HOD\HG6WDUWDQG$XWRPDWLF6WRS
<RXFDQVHWWKHRYHQFRQWUROWRGHOD\VWDUWWKH
RYHQFRRNIRUDVSHFLILFOHQJWKRIWLPHDQG
WKHQWXUQRIIDXWRPDWLFDOO\
0DNHVXUHWKHFORFNVKRZVWKHFRUUHFWWLPH
RIGD\
3UHVVWKH%DNHSDG
8VLQJWKHQXPEHUSDGVHQWHUWKHGHVLUHG
WHPSHUDWXUH
3UHVVWKH&RRNLQJ7LPHSDG
127(,I\RXUUHFLSHUHTXLUHVSUHKHDWLQJ\RX
PD\QHHGWRDGGDGGLWLRQDOWLPHWRWKHOHQJWK
RIWKHFRRNLQJWLPH
8VLQJWKHQXPEHUSDGVHQWHUWKHGHVLUHG
EDNLQJWLPH
3UHVVWKH'HOD\6WDUWSDG
8VLQJWKHQXPEHUSDGVHQWHUWKHWLPH
RIGD\\RXZDQWWKHRYHQWRWXUQRQDQG
VWDUWFRRNLQJ
127(,I\RXZDQW\RXUIRRGWREHNHSWZDUP
IRUXSWRKRXUVDIWHUWKHFRRNLQJIXQFWLRQLV
ILQLVKHGSUHVVWKH:DUPSDGRQFH
3UHVVWKH6WDUWSDG
127($QDWWHQWLRQWRQHZLOOVRXQGLI\RXDUH
XVLQJWLPHGEDNLQJDQGGRQRWSUHVVWKH6WDUW
SDGDIWHUHQWHULQJWKHEDNLQJWHPSHUDWXUH
,I\RXZRXOGOLNHWRFKHFNWKHWLPHV\RXKDYH
VHWSUHVVWKH'HOD\6WDUWSDGWRFKHFNWKH
VWDUWWLPH\RXKDYHVHWRUSUHVVWKH&RRNLQJ
7LPHSDGWRFKHFNWKHOHQJWKRIFRRNLQJWLPH
\RXKDYHVHW
:KHQWKHRYHQWXUQVRQDWWKHWLPHRI
GD\\RXKDYHVHWWKHGLVSOD\ZLOOVKRZWKH
FKDQJLQJWHPSHUDWXUHVWDUWLQJDW)DQG
WKHFRRNLQJWLPH7KHGLVSOD\VWDUWVFKDQJLQJ
RQFHWKHWHPSHUDWXUHUHDFKHV)
127(2QGRXEOHRYHQPRGHOVZKHQXVLQJ
ERWKRYHQVDWWKHVDPHWLPHWKHWLPHV
VKRZLQJLQWKHGLVSOD\ZLOOEHIRUWKHODVWRYHQ
VHW7RGLVSOD\WKHWLPHVHWIRUWKHILUVWRYHQVHW
SUHVVWKH'HOD\6WDUWRUWKH&RRNLQJ7LPHSDG
IRUWKDWRYHQ
7KHRYHQZLOOFRQWLQXHWRFRRNIRUWKH
SURJUDPPHGDPRXQWRIWLPHWKHQVKXWRII
DXWRPDWLFDOO\XQOHVVWKHZDUPHUIHDWXUHZDV
VHW
3UHVVWKH&OHDU2II SDGWRFOHDUWKHGLVSOD\
+RZWR6HWWKH2YHQ)RU5RDVWLQJ:KHQ8VLQJWKH3UREH
,QVHUWWKHSUREHLQWRWKHPHDW
3OXJWKHSUREHLQWRWKHRXWOHWLQWKHRYHQ
0DNHVXUHLW·VSXVKHGDOOWKHZD\LQ&ORVH
WKHRYHQGRRU
3UHVVWKH3UREHSDG
3UHVVWKHQXPEHUSDGVWRVHWWKHGHVLUHG
LQWHUQDOIRRGRUPHDWWHPSHUDWXUH7KH
PD[LPXPLQWHUQDOWHPSHUDWXUHIRUWKH
IRRGWKDW\RXFDQVHWLV)
3UHVVWKH%DNHSDG
3UHVVWKHQXPEHUSDGVWRVHWWKHGHVLUHG
RYHQWHPSHUDWXUH
3UHVVWKH6WDUWSDG
7KHGLVSOD\ZLOOIODVKLIWKHSUREHLVLQVHUWHG
LQWRWKHRXWOHWDQG\RXKDYHQRWVHWDSUREH
WHPSHUDWXUHDQGSUHVVHGWKH6WDUWSDG
:KHQWKHRYHQVWDUWVWRKHDWWKHZRUG/2ZLOO
EHLQWKHGLVSOD\
$IWHUWKHLQWHUQDOWHPSHUDWXUHRIWKHPHDW
UHDFKHV)WKHFKDQJLQJLQWHUQDO
WHPSHUDWXUHZLOOEHVKRZQLQWKHGLVSOD\
:KHQWKHLQWHUQDOWHPSHUDWXUHRIWKH
PHDWUHDFKHVWKHQXPEHU\RXKDYHVHW
WKHSUREHDQGWKHRYHQWXUQRIIDQGWKH
RYHQFRQWUROVLJQDOV7RVWRSWKHVLJQDO
SUHVVWKH&OHDU2IISDG8VHKRWSDGVWR
UHPRYHWKHSUREHIURPWKHIRRG'RQRW
XVHWRQJVWRSXOORQLW³WKH\PLJKW
GDPDJHLW
7RFKDQJHWKHRYHQWHPSHUDWXUHGXULQJWKH
5RDVWF\FOHSUHVVWKH%DNHSDGDQGWKHQWKH
QXPEHUSDGVWRVHWWKHQHZWHPSHUDWXUH
,IWKHSUREHLVUHPRYHGIURPWKHIRRGEHIRUH
WKHILQDOWHPSHUDWXUHLVUHDFKHGDWRQHZLOO
VRXQGDQGWKHGLVSOD\ZLOOIODVKXQWLOWKHSUREH
LVUHPRYHGIURPWKHRYHQ
<RXFDQXVHWKHWLPHUHYHQWKRXJK\RXFDQQRW
XVHWLPHGRYHQRSHUDWLRQV
8VLQJWKHSUREH *($SSOLDQFHVFRP
)RUPDQ\IRRGVHVSHFLDOO\URDVWVDQGSRXOWU\LQWHUQDOIRRGWHPSHUDWXUHLVWKHEHVWWHVWIRUGRQHQHVV
7KHWHPSHUDWXUHSUREHWDNHVWKHJXHVVZRUNRXWRIURDVWLQJE\FRRNLQJIRRGVWRWKHH[DFWGRQHQHVV\RXZDQW
127(6RPHGRXEOHRYHQPRGHOVKDYHDSUREH
LQWKHXSSHURYHQRQO\
8VHRISUREHVRWKHUWKDQWKHRQHSURYLGHG
ZLWKWKLVSURGXFWPD\UHVXOWLQGDPDJHWRWKH
SUREH
8VHWKHKDQGOHVRIWKHSUREHDQGSOXJZKHQ
LQVHUWLQJDQGUHPRYLQJWKHPIURPWKHPHDW
DQGRXWOHW
■ 7RDYRLGGDPDJLQJ\RXUSUREHGRQRWXVH
WRQJVWRSXOORQWKHFDEOHZKHQUHPRYLQJLW
■ 7RDYRLGEUHDNLQJWKHSUREHPDNHVXUHIRRG
LVFRPSOHWHO\GHIURVWHGEHIRUHLQVHUWLQJ
■ 7RSUHYHQWSRVVLEOHEXUQVGRQRWXQSOXJ
WKHSUREHIURPWKHRXWOHWXQWLOWKHRYHQKDV
FRROHG
■ 1HYHUOHDYH\RXUSUREHLQVLGHWKHRYHQGXULQJ
DVHOIFOHDQLQJF\FOH
■ 'RQRWVWRUHWKHSUREHLQWKHRYHQ
7KHWHPSHUDWXUHSUREHKDVD
VNHZHUOLNHSUREHDWRQHHQGDQG
DSOXJDWWKHRWKHUHQGWKDWJRHV
LQWRWKHRXWOHWLQWKHRYHQ
$IWHUSUHSDULQJWKHPHDWDQGSODFLQJLWRQ
DWULYHWRURQDEURLOHUSDQJULGIROORZWKHVH
GLUHFWLRQVIRUSURSHUSUREHSODFHPHQW
/D\WKHSUREHRQWKHRXWVLGHRIWKHPHDW
DORQJWKHWRSRUVLGHDQGPDUNZLWK\RXU
ILQJHUZKHUHWKHHGJHRIWKHPHDW
FRPHVWRRQWKHSUREH7KHSRLQWVKRXOG
UHVWLQWKHFHQWHURIWKHWKLFNHVWPHDW\
SDUWRIWKHURDVW
,QVHUWWKHSUREHFRPSOHWHO\LQWR
WKHPHDWXSWRWKHKDQGOH,WVKRXOGQRW
WRXFKERQHIDWRUJULVWOH
)RUURDVWVZLWKQRERQHLQVHUWWKHSUREHLQWR
WKHPHDWLHVWSDUWRIWKHURDVW)RUERQHLQ
KDPRUODPELQVHUWWKHSUREHLQWRWKHFHQWHU
RIWKHORZHVWODUJHPXVFOHRUMRLQW
,QVHUWWKHSUREHLQWRWKHFHQWHURIGLVKHVVXFK
DVPHDWORDIRUFDVVHUROHV:KHQFRRNLQJILVK
LQVHUWWKHSUREHIURPMXVWDERYHWKHJLOOLQWR
WKHPHDWLHVWDUHDSDUDOOHOWRWKHEDFNERQH
,QVHUWWKHSUREHLQWRWKHPHDWLHVWSDUW
RIWKHLQQHUWKLJKIURPEHORZDQGSDUDOOHOWR
WKHOHJRIDZKROHWXUNH\
3UREH
&DEOH
+DQGOHV
3OXJ
8VLQJWKHSURRILQJDQGZDUPLQJIHDWXUHVRQVRPHPRGHOV
7KHSURRILQJIHDWXUHPDLQWDLQVDZDUPHQYLURQPHQWXVHIXOIRUULVLQJ\HDVWOHDYHQHGSURGXFWV
+RZWR6HWWKH2YHQIRU3URRILQJ
3ODFHWKHFRYHUHGGRXJKLQWKHRYHQRQ
UDFN%RU&
127()RUEHVWUHVXOWVFRYHUWKHGRXJKZLWKD
FORWKRUZLWKJUHDVHGSODVWLFZUDSWKHSODVWLF
PD\QHHGWREHDQFKRUHGXQGHUQHDWKWKH
FRQWDLQHUVRWKHRYHQIDQZLOOQRWEORZLWRII
3UHVVWKH3URRISDGRQFHRUWKH:DUP
3URRI SDGWZLFHDQGWKHQWKH6WDUWSDG
7KHGLVSOD\ZLOOUHDG3U)SURRI
7KHRYHQLQWHULRUOLJKWWXUQVRQDQGUHPDLQVRQ
GXULQJSURRILQJ
7KHSURRILQJIHDWXUHDXWRPDWLFDOO\SURYLGHVWKH
RSWLPXPWHPSHUDWXUHIRUWKHSURRILQJSURFHVV
DQGWKHUHIRUHGRHVQRWKDYHDWHPSHUDWXUH
DGMXVWPHQW
6HWWKH.LWFKHQ7LPHU IRUWKHPLQLPXP
SURRIWLPH
:KHQSURRILQJLVILQLVKHGSUHVVWKH&OHDU
2IISDG
■7RDYRLGORZHULQJWKHRYHQWHPSHUDWXUHDQG
OHQJWKHQLQJSURRILQJWLPHGRQRWRSHQWKH
RYHQGRRUXQQHFHVVDULO\
■&KHFNEUHDGSURGXFWVHDUO\WRDYRLGRYHU
SURRILQJ
127(
■'RQRWXVHWKHSURRILQJPRGHIRUZDUPLQJ
IRRGRUNHHSLQJIRRGKRW7KHSURRILQJRYHQ
WHPSHUDWXUHLVQRWKRWHQRXJKWRKROGIRRGV
DWVDIHWHPSHUDWXUHV8VHWKH:DUPIHDWXUH
WRNHHSKRWIRRGZDUP
■3URRILQJZLOOQRWRSHUDWHZKHQRYHQLVDERYH
)´+27µZLOOVKRZLQWKHGLVSOD\
or
+RZWR6HWWKH2YHQIRU:DUPLQJRQVRPHPRGHOV
7KHZDUPIHDWXUHNHHSVFRRNHGIRRGVZDUP
IRUXSWRKRXUVDIWHUDWLPHGIXQFWLRQLV
ILQLVKHGRUZDUPFDQEHDFWLYDWHGWRNHHS
KRWFRRNHGIRRGVZDUP7KLVIHDWXUHLVQRW
GHVLJQHGWRUHKHDWFROGIRRG
7RXVHWKLVIHDWXUHSUHVVWKH:DUPRU:DUP
3URRISDGRQFHDQGWKHQWKH6WDUWSDG
7RDFWLYDWHWKLVIHDWXUHIRUXVHDIWHU7LPHG
%DNLQJRU5RDVWLQJSUHVVWKH:DUPRU:DUP
3URRISDGZKLOHSURJUDPPLQJWKHRYHQDQG
EHIRUHSUHVVLQJ6WDUW
7R&ULVS6WDOH,WHPV
■3ODFHIRRGLQORZVLGHGGLVKHVRUSDQV
■)RUEHVWUHVXOWVSODFHWKHIRRGLWHPVLQD
VLQJOHOD\HU'RQRWVWDFN
■/HDYHWKHPXQFRYHUHG
■&KHFNFULVSQHVVDIWHU²PLQXWHV$GG
WLPHDVQHHGHG
,03257$17127(6
■)RRGVKRXOGEHNHSWKRWLQLWVFRRNLQJ
FRQWDLQHURUWUDQVIHUUHGWRDKHDWVDIHVHUYLQJ
GLVK
■)RUPRLVWIRRGVFRYHUWKHPZLWKDQRYHQ
VDIHOLGRUIRLO
■)ULHGRUFULVSIRRGVGRQRWQHHGWREHFRYHUHG
EXWFDQEHFRPHWRRGU\LIZDUPHGIRUWRR
ORQJ
■5HSHDWHGRSHQLQJRIWKHGRRUDOORZVWKHKRW
DLUWRHVFDSHDQGWKHIRRGWRFRRO
■$OORZH[WUDWLPHIRUWKHWHPSHUDWXUHLQVLGH
WKHRYHQWRVWDELOL]HDIWHUDGGLQJLWHPV
■:LWKODUJHORDGVLWPD\EHQHFHVVDU\WRFRYHU
VRPHRIWKHFRRNHGIRRGLWHPV
■5HPRYHVHUYLQJVSRRQVHWFEHIRUHSODFLQJ
FRQWDLQHUVLQWKHRYHQ
■'RQRWXVHSODVWLFFRQWDLQHUVOLGVRUSODVWLF
ZUDS
&$87,213ODVWLFFRQWDLQHUVOLGV
RUSODVWLFZUDSZLOOPHOWLISODFHGLQWKHRYHQ
0HOWHGSODVWLFPD\QRWEHUHPRYDEOHDQGLVQRW
FRYHUHGXQGHU\RXUZDUUDQW\
or
)RRG &RQWURO
6HWWLQJ
&RYHUHG
8QFRYHUHG
&DVVHUROH 0HGLXPRU &RYHUHG
&KLOL +LJKRU &RYHUHG
3L]]D 0HGLXPRU 8QFRYHUHG
3RWDWRHV
EDNHG +LJKRU 8QFRYHUHG
:DIIOHV /RZRU &RYHUHG
8VLQJWKHFRQYHFWLRQRYHQRQVRPHPRGHOV*($SSOLDQFHVFRP
$GDSWLQJ5HFLSHV«
<RXFDQXVH\RXUIDYRULWHUHFLSHVLQWKH
FRQYHFWLRQRYHQ
:KHQFRQYHFWLRQEDNLQJUHGXFHEDNLQJ
WHPSHUDWXUHE\)RUDFWLYDWHWKH$XWR
5HFLSH&RQYHUVLRQIHDWXUH6HH$XWR5HFLSH
&RQYHUVLRQLQWKH6SHFLDOIHDWXUHVRI\RXURYHQ
FRQWUROVHFWLRQ
■ 8VHSDQVL]HUHFRPPHQGHG
■ 6RPHSDFNDJHLQVWUXFWLRQVIRUIUR]HQ
FDVVHUROHVRUPDLQGLVKHVKDYHEHHQ
GHYHORSHGXVLQJFRPPHUFLDOFRQYHFWLRQ
RYHQV)RUEHVWUHVXOWVLQWKLVRYHQSUHKHDW
WKHRYHQDQGXVHWKHWHPSHUDWXUHRQWKH
SDFNDJH
127(7KHFRQYHFWLRQIDQZLOOF\FOHRQDQGRII
ZKLOHFRRNLQJWREHVWGLVWULEXWHKRWDLULQWKH
RYHQ
7KHFRQYHFWLRQRYHQIDQVKXWVRIIZKHQWKH
RYHQGRRULVRSHQHG'2127OHDYHWKHGRRU
RSHQIRUORQJSHULRGVRIWLPHZKLOHXVLQJ
FRQYHFWLRQFRRNLQJRU\RXPD\VKRUWHQWKHOLIH
RIWKHFRQYHFWLRQKHDWLQJHOHPHQW
,QDFRQYHFWLRQRYHQDIDQFLUFXODWHVKRWDLU
RYHUXQGHUDQGDURXQGWKHIRRG
7KLVFLUFXODWLQJKRWDLULVHYHQO\GLVWULEXWHG
WKURXJKRXWWKHRYHQFDYLW\$VDUHVXOWIRRGV
DUHHYHQO\FRRNHGDQGEURZQHG³RIWHQLQOHVV
WLPHZLWKFRQYHFWLRQKHDW
■,GHDOIRUHYHQO\EURZQHGEDNHGIRRGVFRRNHG
RQPXOWLSOHUDFNV
■*RRGIRUODUJHTXDQWLWLHVRIEDNHGIRRGV
■*RRGUHVXOWVZLWKFRRNLHVELVFXLWVPXIILQV
EURZQLHVFXSFDNHVFUHDPSXIIVVZHHWUROOV
DQJHOIRRGFDNHDQGEUHDG
7KHFRQYHFWLRQIDQFLUFXODWHVWKHKHDWHGDLU
HYHQO\RYHUDQGDURXQGWKHIRRG
:KHQFRQYHFWLRQEDNLQJZLWKRQO\UDFNIROORZ
WKHUDFNSRVLWLRQVUHFRPPHQGHGLQWKH8VLQJ
WKHRYHQVHFWLRQ
%HFDXVHKHDWHGDLULVFLUFXODWHGHYHQO\
WKURXJKRXWWKHRYHQIRRGVFDQEHEDNHGZLWK
H[FHOOHQWUHVXOWVXVLQJPXOWLSOHUDFNV
0XOWLUDFNEDNLQJPD\LQFUHDVHFRRNWLPHV
VOLJKWO\IRUVRPHIRRGVEXWWKHRYHUDOOUHVXOWLV
WLPHVDYHG&RRNLHVPXIILQVELVFXLWVDQGRWKHU
TXLFNEUHDGVJLYHYHU\JRRGUHVXOWVZLWKPXOWL
UDFNEDNLQJ
)RU s2YHQV:KHQEDNLQJRQUDFNVSODFH
RQHUDFNLQWKHVHFRQG%SRVLWLRQRQHLQ
WKHWKLUG&SRVLWLRQDQGRQHLQWKHIRXUWK'
SRVLWLRQ
)RUWZRUDFNEDNLQJSODFHRQHUDFNLQWKH
VHFLQG%UDFNSRVLWLRQ3ODFHWKHRWKHUUDFNLQ
WKHWKLUG&UDFNSRVLWLRQ
)RU s2YHQV:KHQEDNLQJRQUDFNVSODFH
RQHUDFNLQWKHVHFRQG%SRVLWLRQRQHLQ
WKHIRXUWK'SRVLWLRQDQGRQHLQWKHVL[WK)
SRVLWLRQ
)RUWZRUDFNEDNLQJSODFHRQHUDFNLQWKH
VHFRQG%UDFNSRVLWLRQ3ODFHWKHRWKHUUDFNLQ
WKHIRXUWK'UDFNSRVLWLRQ
127(3OHDVHQRWHWKDWH[WHQVLRQUDFNVSRVLWLRQ
IRRGKLJKHULQWKHRYHQ$QH[WHQVLRQUDFN
VKRXOGEHSODFHGRQHSRVLWLRQORZHUWKDQD
IODWUDFNZRXOGEHVRWKHIRRGLVLQWKHVDPH
ORFDWLRQ
)RUEHVWUHVXOWVZKHQEDNLQJPXOWLSOHUDFNVRI
FRRNLHVOLQHXSWKHIURQWRIWKHFRRNLHVKHHWV
ZLWKWKHIURQWHGJHRIWKHUDFNV
0XOWL5DFN&RQYHFWLRQ%DNLQJ
&RQYHFWLRQ%DNH
0XOWLUDFNSRVLWLRQµ
0XOWLUDFNSRVLWLRQµ
&RRNLHVKHHWVOLQHGXSDWWKHIURQW
HGJHRIWKHRYHQUDFNV
+RZWR6HWWKH2YHQIRU&RQYHFWLRQ%DNLQJRU5RDVWLQJ
3UHVVWKH&RQYHFWLRQ%DNHSDGRUWKH
&RQYHFWLRQ5RDVW SDG
3UHVVWKHQXPEHUSDGVWRVHWWKHGHVLUHG
RYHQWHPSHUDWXUH
3UHVVWKH6WDUWSDG
7RFKDQJHWKHRYHQWHPSHUDWXUHSUHVVWKH
&RQYHFWLRQ%DNHRU&RQYHFWLRQ5RDVWSDG
DQGWKHQWKHQXPEHUSDGVWRVHWWKHQHZ
WHPSHUDWXUH
:KHQWKHRYHQVWDUWVWRKHDWWKHFKDQJLQJ
WHPSHUDWXUHVWDUWLQJDW)ZLOOEH
GLVSOD\HG:KHQWKHRYHQUHDFKHVWKH
WHPSHUDWXUH\RXVHWEHHSVZLOOVRXQG
3UHVVWKH&OHDU2IISDGZKHQILQLVKHG
■<RXZLOOKHDUDIDQZKLOHFRRNLQJZLWK
FRQYHFWLRQ7KHIDQZLOOVWRSZKHQWKHGRRULV
RSHQHGEXWWKHKHDWZLOOQRWWXUQRII
■<RXPD\KHDUWKHRYHQFOLFNLQJGXULQJ
EDNLQJ7KLVLVQRUPDO
■*RRGIRUODUJHWHQGHUFXWVRIPHDW
XQFRYHUHG
7KHFRQYHFWLRQIDQFLUFXODWHVWKHKHDWHGDLU
HYHQO\RYHUDQGDURXQGWKHIRRG0HDWDQG
SRXOWU\DUHEURZQHGRQDOOVLGHVDVLIWKH\
ZHUHFRRNHGRQDURWLVVHULH+HDWHGDLUZLOOEH
FLUFXODWHGRYHUXQGHUDQGDURXQGWKHIRRG
EHLQJURDVWHG7KHKHDWHGDLUVHDOVLQMXLFHV
TXLFNO\IRUDPRLVWDQGWHQGHUSURGXFWZKLOH
DWWKHVDPHWLPHFUHDWLQJDULFKJROGHQEURZQ
H[WHULRU
:KHQ\RXDUHFRQYHFWLRQURDVWLQJLWLV
LPSRUWDQWWKDW\RXXVHDEURLOHUSDQDQGJULG
IRUEHVWFRQYHFWLRQURDVWLQJUHVXOWV7KHSDQLV
XVHGWRFDWFKJUHDVHVSLOOV
DQGWKHJULGLVXVHGWRSUHYHQWJUHDVHVSDWWHUV
&RRNZDUHIRU&RQYHFWLRQ&RRNLQJ
%HIRUHXVLQJ\RXUFRQYHFWLRQRYHQFKHFN
WRVHHLI\RXUFRRNZDUHOHDYHVURRPIRUDLU
FLUFXODWLRQLQWKHRYHQ,I\RXDUHEDNLQJZLWK
VHYHUDOSDQVOHDYHVSDFHEHWZHHQWKHP$OVR
EHVXUHWKHSDQVGRQRWWRXFKHDFKRWKHURU
WKHZDOOVRIWKHRYHQ
3DSHUDQG3ODVWLF
+HDWUHVLVWDQWSDSHUDQGSODVWLFFRQWDLQHUV
WKDWDUHUHFRPPHQGHGIRUXVHLQUHJXODU
RYHQVFDQEHXVHGLQFRQYHFWLRQRYHQV
3ODVWLFFRRNZDUHWKDWLVKHDWUHVLVWDQWWR
WHPSHUDWXUHVRI)FDQDOVREHXVHG
0HWDODQG*ODVV
$Q\W\SHRIFRRNZDUHZLOOZRUNLQ\RXU
FRQYHFWLRQRYHQ+RZHYHUPHWDOSDQV
KHDWWKHIDVWHVWDQGDUHUHFRPPHQGHGIRU
FRQYHFWLRQEDNLQJ
■'DUNHQHGRUPDWWHILQLVKHGSDQVZLOOEDNH
IDVWHUWKDQVKLQ\SDQV
■*ODVVRUFHUDPLFSDQVFRRNPRUHVORZO\
)RUUHFLSHVOLNHRYHQEDNHGFKLFNHQXVHDSDQ
ZLWKORZVLGHV+RWDLUFDQQRWFLUFXODWHZHOO
DURXQGIRRGLQDSDQZLWKKLJKVLGHV
:KHQEDNLQJFRRNLHV\RXZLOO
JHWWKHEHVWUHVXOWVLI\RXXVH
DIODWFRRNLHVKHHWLQVWHDG
RIDSDQZLWKORZVLGHV
&RQYHFWLRQ5RDVW
25
8VLQJWKHFRQYHFWLRQRYHQRQVRPHPRGHOV
+RZWR6HWWKH2YHQIRU&RQYHFWLRQ5RDVWLQJZKHQ8VLQJWKH3UREH
7KHGLVSOD\ZLOOIODVK352%(DQGWKH
RYHQFRQWUROZLOOVLJQDOLIWKHSUREH
LVLQVHUWHGLQWRWKHRXWOHWDQG\RX
KDYHQRWVHWDSUREHWHPSHUDWXUHDQG
SUHVVHGWKH6WDUWSDG
3ODFHWKHUDFNLQWKHORZHVWSRVLWLRQ
$,QVHUWWKHSUREHLQWRWKHPHDW
3 O X J W K H S U R E H LQWRWKHRXWOHWLQWKH
RYHQ0DNHVXUHLWLVSXVKHGDOOWKH
ZD\LQ&ORVHWKHRYHQGRRU
3UHVVWKH&RQYHFWLRQ5RDVWSDG
3UHVVWKHQXPEHUSDGVWRVHWWKH
GHVLUHGRYHQWHPSHUDWXUH
3UHVVWKH3UREHSDG
3UHVVWKHQXPEHUSDGVWRVHWWKH
GHVLUHGLQWHUQDOPHDWWHPSHUDWXUH
3UHVVWKH6WDUWSDG
:KHQWKHRYHQVWDUWVWRKHDWWKHZRUG/2
ZLOOEHLQWKHGLVSOD\
$IWHUWKHLQWHUQDOWHPSHUDWXUHRIWKHPHDW
UHDFKHV)WKHFKDQJLQJLQWHUQDO
WHPSHUDWXUHZLOOEHVKRZQLQWKHGLVSOD\
: K H Q W K H L Q W H U Q D O W H P S H U DWXUHRIWKH
PHDWUHDFKHVWKHQXPEHU\RXKDYH
VHWWKHSUREHDQGWKHRYHQWXUQRII
DQGWKHRYHQFRQWUROVLJQDOV7RVWRS
WKHVLJQDOSUHVVWKH&OHDU2IISDG
8VHKRWSDGVWRUHPRYHWKHSUREH
IURPWKHIRRG'RQRWXVHWRQJVWRSXOO
RQLW³WKH\PLJKWGDPDJHLW
&$87,217RSUHYHQW
SRVVLEOHEXUQVGRQRWXQSOXJWKHSUREH
IURPWKHRYHQRXWOHWXQWLOWKHRYHQKDV
FRROHG'RQRWVWRUHWKHSUREHLQWKHRYHQ
127(
■,IWKHSUREHLVUHPRYHGIURPWKHIRRG
EHIRUHWKHILQDOWHPSHUDWXUHLVUHDFKHGD
WRQHZLOOVRXQGDQGWKHGLVSOD\ZLOOIODVK
XQWLOWKHSUREHLVUHPRYHGIURPWKHRYHQ
■<RXZLOOKHDUDIDQZKLOHFRRNLQJZLWK
WKLVIHDWXUH7KHIDQZLOOVWRSZKHQWKH
GRRULVRSHQHGEXWWKHKHDWZLOOQRW
WXUQRII
■<RXFDQXVHWKHWLPHUHYHQWKRXJK\RX
FDQQRWXVHWLPHGRYHQRSHUDWLRQV
■<RXZLOOQRWEHDEOHWRXVHWKHSUREH
LQWKHXSSHURYHQGXULQJWLPHGRYHQ
RSHUDWLRQV7KLVLVEHFDXVHZLWKWKH
SUREH\RXDUHFRRNLQJE\WHPSHUDWXUH
UDWKHUWKDQWLPH
)RUEHVWUHVXOWVZKHQURDVWLQJ
ODUJHWXUNH\VDQGURDVWVZH
UHFRPPHQGXVLQJWKHSUREH
LQFOXGHGLQWKHFRQYHFWLRQRYHQ
7RFKDQJHWKHRYHQWHPSHUDWXUH
GXULQJWKH&RQYHFWLRQ5RDVWF\FOH
SUHVVWKH&RQYHFWLRQ5RDVWSDG
DQGWKHQSUHVVWKHQXPEHUSDGV
WRVHWWKHQHZGHVLUHG
WHPSHUDWXUH
*($SSOLDQFHVFRP
&RQYHFWLRQ5RDVWLQJ*XLGH
0HDWV 'RQHQHVV 2YHQ
7HPS
,QWHUQDO
7HPS
%HHI 5LE5RDVWWROEV
%RQH,QDQG%RQHOHVV
0HG5DUH
0HGLXP
)
)
)
)
7HQGHUORLQ5RDVW
WROEV
0HG5DUH ) )
/DPE /HJWROEV
%RQH,QDQG%RQHOHVV
0HGLXP ) )
3RUN /RLQ5RDVWWROEV
%RQHLQDQG%RQHOHVV
0HGLXP ) )
3RXOWU\ :KROHFKLFNHQOEV ) )
7XUNH\ZKROH
8QVWXIIHGWROEV
8QVWXIIHGWROEV
) ))
7XUNH\EUHDVWWROEV ) )
6WXIIHGELUGVJHQHUDOO\UHTXLUHPLQXWHVDGGLWLRQDOURDVWLQJWLPH6KLHOGOHJVDQGEUHDVWZLWK
IRLOWRSUHYHQWWKHVNLQIURPRYHUEURZQLQJDQGJHWWLQJWRRGU\
+RZWR6HWD'HOD\HG6WDUWDQG$XWRPDWLF6WRS
<RXFDQVHWWKHRYHQFRQWUROWRGHOD\VWDUWWKHRYHQ
FRRNIRUDVSHFLILFOHQJWKRIWLPHDQGWKHQWXUQRII
DXWRPDWLFDOO\
0DNHVXUHWKHFORFNVKRZVWKHFRUUHFWWLPHRIGD\
3UHVVWKH
&RQYHFWLRQ
%DNHRU
&RQYHFWLRQ
5RDVW
SDG
3UHVVWKHQXPEHUSDGVWRVHWWKHGHVLUHGRYHQ
WHPSHUDWXUH
3UHVVWKH&RRNLQJ7LPHSDG
127(
,I\RXUUHFLSHUHTXLUHVSUHKHDWLQJ\RXPD\
QHHGWRDGGDGGLWLRQDOWLPHWRWKHOHQJWKRIWKHFRRNLQJ
WLPH
3UHVVWKHQXPEHUSDGVWRVHWWKHGHVLUHG
FRRNLQJWLPH
3UHVVWKH'HOD\6WDUWSDG
3UHVVWKHQXPEHUSDGVWRVHWWKHWLPHRIGD\
\RXZDQWWKHRYHQWRWXUQRQDQGVWDUWFRRNLQJ
127(,I\RXZDQW\RXUIRRGWREHNHSWZDUP
IRUXSWRKRXUVDIWHUWKHFRRNLQJIXQFWLRQLV
ILQLVKHGSUHVVWKH:DUPSDGRQFH
,I\RXZRXOGOLNHWRFKHFNWKHWLPHV\RXKDYHVHW
SUHVVWKH'HOD\6WDUWSDGWRFKHFNWKHVWDUWWLPH\RX
KDYHVHWRUSUHVVWKH&RRNLQJ7LPHSDGWRFKHFNWKH
OHQJWKRIFRRNLQJWLPH\RXKDYHVHW
3UHVVWKH6WDUWSDG
127(
$QDWWHQWLRQWRQHZLOOVRXQGLI\RXDUHXVLQJ
WLPHGEDNLQJRUURDVWLQJDQGGRQRWSUHVVWKH6WDUW
SDGDIWHUHQWHULQJWKHEDNLQJRUURDVWLQJWHPSHUDWXUH
:KHQWKHRYHQWXUQVRQDWWKHWLPHRIGD\\RXKDYH
VHWWKHGLVSOD\ZLOOVKRZWKHFKDQJLQJWHPSHUDWXUH
VWDUWLQJDW)DQGWKHFRRNLQJWLPH7KHGLVSOD\
VWDUWVFKDQJLQJRQFHWKHWHPSHUDWXUHUHDFKHV
)
127(
2QGRXEOHRYHQPRGHOVZKHQXVLQJERWK
RYHQVDWWKHVDPHWLPHWKHWLPHVVKRZLQJLQWKH
GLVSOD\ZLOOEHIRUWKHODVWRYHQVHW7RGLVSOD\WKH
WLPHVHWIRUWKHILUVWRYHQVHWSUHVVWKH'HOD\6WDUWRU
&RRNLQJ7LPHSDGIRUWKDWRYHQ
7KHRYHQZLOOFRQWLQXHWRFRRNIRUWKHSURJUDPPHG
DPRXQWRIWLPHWKHQVKXWRIIDXWRPDWLFDOO\XQOHVV
WKHZDUPHUIHDWXUH
ZDVVHW
3UHVVWKH&OHDU2IISDGWRFOHDUWKHGLVSOD\LI
QHFHVVDU\5HPRYHWKHIRRGIURPWKHRYHQ
5HPHPEHUHYHQWKRXJKWKHRYHQVKXWVRII
DXWRPDWLFDOO\IRRGOHIWLQWKHRYHQZLOOFRQWLQXH
FRRNLQJDIWHUWKHRYHQWXUQVRII
8VLQJWKHWLPHGIHDWXUHVIRUFRQYHFWLRQFRRNLQJRQVRPHPRGHOV
2QGRXEOHRYHQPRGHOV\RXFDQXVHWLPHGEDNLQJRUURDVWLQJLQRQHRYHQZKLOHXVLQJVHOIFOHDQLQWKHRWKHU
\RXFDQDOVRXVHWLPHGEDNLQJRUURDVWLQJLQERWKRYHQVDWWKHVDPHWLPH
<RXZLOOKHDUDIDQZKLOHFRRNLQJZLWKWKHVHIHDWXUHV7KHIDQZLOOVWRSZKHQWKHGRRULVRSHQHGEXWWKHKHDWZLOOQRW
WXUQRII
127()RRGVWKDWVSRLOHDVLO\³VXFKDVPLONHJJVILVKVWXIILQJVSRXOWU\DQGSRUN³VKRXOGQRWEHDOORZHGWRVLW
IRUPRUHWKDQKRXUEHIRUHRUDIWHUFRRNLQJ5RRPWHPSHUDWXUHSURPRWHVWKHJURZWKRIKDUPIXOEDFWHULD%HVXUH
WKDWWKHRYHQOLJKWLVRIIEHFDXVHKHDWIURPWKHEXOEZLOOVSHHGKDUPIXOEDFWHULDJURZWK
+RZWR6HWDQ,PPHGLDWH6WDUWDQG$XWRPDWLF6WRS
7KHRYHQZLOOWXUQRQLPPHGLDWHO\DQGFRRNIRUD
VHOHFWHGOHQJWKRIWLPH$WWKHHQGRIWKHFRRNLQJWLPH
WKHRYHQZLOOWXUQRIIDXWRPDWLFDOO\
0DNHVXUHWKHFORFNVKRZVWKHFRUUHFWWLPHRIGD\
3UHVVWKH
&RQYHFWLRQ
%DNHRU
&RQYHFWLRQ
5RDVW
SDG
3UHVVWKHQXPEHUSDGVWRVHWWKHGHVLUHGRYHQ
WHPSHUDWXUH
3UHVVWKH&RRNLQJ7LPHSDG
127(
,I\RXUUHFLSHUHTXLUHVSUHKHDWLQJ\RXPD\
QHHGWRDGGDGGLWLRQDOWLPHWRWKHOHQJWKRIWKH
FRRNLQJWLPH
3UHVVWKHQXPEHUSDGVWRVHWWKHGHVLUHGOHQJWK
RIFRRNLQJWLPH7KHPLQLPXPFRRNLQJWLPH\RX
FDQVHWLVPLQXWH7KHRYHQWHPSHUDWXUHWKDW
\RXVHWDQGWKHFRRNLQJWLPHWKDW\RXHQWHUHG
ZLOOEHLQWKHGLVSOD\
127(,I\RXZDQW\RXUIRRGWREHNHSWZDUP
IRUXSWRKRXUVDIWHUWKHFRRNLQJIXQFWLRQLV
ILQLVKHGSUHVVWKH:DUPSDGRQFH
3UHVVWKH6WDUWSDG
7KHGLVSOD\ZLOOVKRZWKHFKDQJLQJWHPSHUDWXUH
VWDUWLQJDW)DQGWKHFRRNLQJWLPH7KHGLVSOD\
VWDUWVFKDQJLQJRQFHWKHWHPSHUDWXUHUHDFKHV
)
127(
2QGRXEOHRYHQPRGHOVZKHQXVLQJERWKRYHQV
DWWKHVDPHWLPHWKHWLPHVVKRZLQJLQWKHGLVSOD\ZLOO
EHIRUWKHODVWRYHQVHW7RGLVSOD\WKHWLPHVHWIRUWKH
ILUVWRYHQVHWSUHVVWKH&RRNLQJ7LPHSDGIRUWKDWRYHQ
7KHRYHQZLOOFRQWLQXHWRFRRNIRU
WKHSURJUDPPHGDPRXQWRIWLPHWKHQVKXW
RIIDXWRPDWLFDOO\XQOHVVWKHZDUPHUIHDWXUHZDVVHW
3UHVVWKH&OHDU2IISDGWRFOHDUWKHGLVSOD\LI
QHFHVVDU\5HPRYHWKHIRRGIURPWKHRYHQ
5HPHPEHUHYHQWKRXJKWKHRYHQVKXWVRII
DXWRPDWLFDOO\IRRGOHIWLQWKHRYHQZLOOFRQWLQXH
FRRNLQJDIWHUWKHRYHQWXUQVRII
$GMXVWWKHRYHQWKHUPRVWDW³'RLW\RXUVHOI *($SSOLDQFHVFRP
<RXPD\ILQGWKDW\RXUQHZRYHQFRRNVGLIIHUHQWO\WKDQWKHRQHLWUHSODFHG8VH\RXUQHZRYHQIRUDIHZZHHNV
WREHFRPHPRUHIDPLOLDUZLWKLW,I\RXVWLOOWKLQN\RXUQHZRYHQLVWRRKRWRUWRRFROG\RXFDQDGMXVWWKH
WKHUPRVWDW\RXUVHOI
'RQRWXVHWKHUPRPHWHUVVXFKDVWKRVHIRXQGLQJURFHU\VWRUHVWRFKHFNWKHWHPSHUDWXUHVHWWLQJRI\RXURYHQ7KHVH
WKHUPRPHWHUVPD\YDU\²GHJUHHV
127(7KLVDGMXVWPHQWZLOORQO\DIIHFWEDNLQJDQGURDVWLQJWHPSHUDWXUHVLWGRHVQRWDIIHFWEURLOLQJRUVHOIFOHDQLQJ
WHPSHUDWXUHV7KHDGMXVWPHQWZLOOEHUHWDLQHGLQPHPRU\DIWHUDSRZHUIDLOXUH
7R$GMXVWWKH7KHUPRVWDW
3UHVVWKH%DNHDQG%URLO+L/RSDGVDWWKH
VDPHWLPHIRUVHFRQGVXQWLOWKHGLVSOD\
VKRZV6)
3UHVVWKH%DNHSDGIRUWKHRYHQZKLFK\RX
ZDQWWRXVH$WZRGLJLWQXPEHUVKRZVLQ
WKHGLVSOD\
3UHVV%DNH DJDLQWRDOWHUQDWHEHWZHHQ
LQFUHDVLQJDQGGHFUHDVLQJWKHRYHQ
WHPSHUDWXUH
7KHRYHQWHPSHUDWXUHFDQEHDGMXVWHGXS
WR)KRWWHURU)FRROHU3UHVV
WKHQXPEHUSDGVWKHVDPHZD\\RXUHDG
WKHP)RUH[DPSOHWRFKDQJHWKHRYHQ
WHPSHUDWXUH)SUHVVDQG
:KHQ\RXKDYHPDGHWKHDGMXVWPHQW
SUHVVWKH6WDUWSDGWRJREDFNWRWKHWLPH
RIGD\GLVSOD\8VH\RXURYHQDV\RXZRXOG
QRUPDOO\
7KHW\SHRIPDUJDULQHZLOODIIHFWEDNLQJSHUIRUPDQFH
0RVWUHFLSHVIRUEDNLQJKDYHEHHQGHYHORSHGXVLQJKLJKIDWSURGXFWVVXFKDVEXWWHURUPDUJDULQHIDW,I\RX
GHFUHDVHWKHIDWWKHUHFLSHPD\QRWJLYHWKHVDPHUHVXOWVDVZLWKDKLJKHUIDWSURGXFW
5HFLSHIDLOXUHFDQUHVXOWLIFDNHVSLHVSDVWULHVFRRNLHVRUFDQGLHVDUHPDGHZLWKORZIDWVSUHDGV7KHORZHUWKHIDW
FRQWHQWRIDVSUHDGSURGXFWWKHPRUHQRWLFHDEOHWKHVHGLIIHUHQFHVEHFRPH
)HGHUDOVWDQGDUGVUHTXLUHSURGXFWVODEHOHG´PDUJDULQHµWRFRQWDLQDWOHDVWIDWE\ZHLJKW/RZIDWVSUHDGVRQWKHRWKHUKDQG
FRQWDLQOHVVIDWDQGPRUHZDWHU7KHKLJKPRLVWXUHFRQWHQWRIWKHVHVSUHDGVDIIHFWWKHWH[WXUHDQGIODYRURIEDNHGJRRGV)RUEHVW
UHVXOWVZLWK\RXUROGIDYRULWHUHFLSHVXVHPDUJDULQHEXWWHURUVWLFNVSUHDGVFRQWDLQLQJDWOHDVWYHJHWDEOHRLO
8VLQJWKHVHOIFOHDQLQJRYHQ
7KHRYHQGRRUPXVWEHFORVHGDQGDOOFRQWUROVPXVWEHVHWFRUUHFWO\IRUWKHF\FOHWRZRUNSURSHUO\
%HIRUHD&OHDQ&\FOH
:LSHXSKHDY\VRLORQWKHRYHQ
ERWWRPDSSHDUDQFHPD\YDU\
+RZWR6HWWKH2YHQIRU&OHDQLQJ
3UHVVWKH6HOI&OHDQ6WG/RZSDGRQFHIRU
DKRXUFOHDQWLPHRUWZLFHIRUDKRXU
FOHDQWLPH
$KRXUVHOIFOHDQWLPHLVUHFRPPHQGHG
IRUXVHZKHQFOHDQLQJVPDOOFRQWDLQHG
VSLOOV$VHOIFOHDQWLPHRIKRXUVRUORQJHU
LVUHFRPPHQGHGIRUDGLUWLHURYHQ
,IDWLPHRWKHUWKDQKRXUVRU
KRXUVLVQHHGHGXVHWKHQXPEHU SDGV
DQGHQWHUWKHGHVLUHGFOHDQWLPH
<RXFDQFKDQJHWKHFOHDQWLPHWRDQ\WLPH
EHWZHHQKRXUVDQGKRXUVGHSHQGLQJRQ
KRZGLUW\\RXURYHQLV
3UHVVWKH6WDUWSDG
7KHGRRUORFNVDXWRPDWLFDOO\7KHGLVSOD\
ZLOOVKRZWKHFOHDQWLPHUHPDLQLQJ,WZLOOQRW
EHSRVVLEOHWRRSHQWKHRYHQGRRUXQWLOWKH
WHPSHUDWXUHGURSVEHORZWKHORFNWHPSHUDWXUH
DQGWKH/2&.('OLJKWJRHVRII
:KHQWKH/2&.('OLJKWJRHVRII\RXZLOOEH
DEOHWRRSHQWKHGRRU
■7KHZRUGV/2&.('ZLOOIODVKDQGWKHRYHQ
FRQWUROZLOOVLJQDOLI\RXVHWWKHFOHDQF\FOH
DQGIRUJHWWRFORVHWKHRYHQGRRU
■7RVWRSDFOHDQF\FOHSUHVVWKH&OHDU
2IISDG:KHQWKH/2&.('OLJKWJRHVRII
LQGLFDWLQJWKHRYHQKDVFRROHGEHORZWKH
ORFNLQJWHPSHUDWXUH\RXZLOOEHDEOHWRRSHQ
WKHGRRU
:HUHFRPPHQGYHQWLQJ\RXUNLWFKHQZLWKDQ
RSHQZLQGRZRUXVLQJDYHQWLODWLRQIDQRUKRRG
GXULQJWKHILUVWVHOIFOHDQF\FOH
5HPRYHDQ\EURLOHUSDQEURLOHUJULGSUREHDOO
FRRNZDUHDQGDQ\IRLOIURPWKHRYHQ
:$51,1*),5(+$=$5'
:LSHJUHDVHDQGKHDY\VRLOIURPWKHRYHQ
ERWWRPEHIRUHVHOIFOHDQLQJ)DLOXUHWRGRVR
PD\UHVXOWLQDQRYHQILUH
1RWH3RUFHODLQFRDWHGRYHQUDFNVPD\UHPDLQ
LQWKHRYHQGXULQJWKHVHOIFOHDQLQJF\FOH
ZLWKRXWEHLQJGDPDJHG7KHVKLQ\VLOYHUFRORUHG
RYHQUDFNVPD\EHFOHDQHGLQWKHVHOIFOHDQLQJ
RYHQ+RZHYHUWKH\ZLOOGDUNHQLQFRORUORRVH
WKHLUOXVWHUDQGEHFRPHKDUGWRVOLGH
6RLORQWKHIURQWIUDPHRIWKHUDQJHDQG
RXWVLGHWKHJDVNHWRQWKHGRRUZLOOQHHGWREH
FOHDQHGE\KDQG&OHDQWKHVHDUHDVZLWKKRW
ZDWHUVRDSILOOHGVWHHOZRROSDGVRUFOHDQVHUV
VXFKDV6RIW6FUXE55LQVHZHOOZLWKFOHDQ
ZDWHUDQGGU\
'RQRWXVHDEUDVLYHVRURYHQFOHDQHUV&OHDQ
WKHWRSVLGHVDQGRXWVLGHRIWKHRYHQGRRU
ZLWKVRDSDQGZDWHU
'RQRWFOHDQWKHJDVNHW7KHILEHUJODVV
PDWHULDORIWKHRYHQGRRUJDVNHWFDQQRW
ZLWKVWDQGDEUDVLRQ,WLVHVVHQWLDOIRUWKHJDVNHW
WRUHPDLQLQWDFW,I\RXQRWLFHLWEHFRPLQJZRUQ
RUIUD\HGUHSODFHLW
0DNHVXUHWKHRYHQOLJKWEXOEFRYHULVLQSODFH
DQGWKHRYHQOLJKWLVRII
:LSHXSVXJDU\VSLOORYHUVDQGDFLGLFVSLOORYHUV
VXFKDVOHPRQMXLFHWRPDWRVDXFHRUPLON
EDVHGVDXFHV3RUFHODLQHQDPHOLVDFLG
UHVLVWDQWQRWDFLGSURRI7KHSURFHODLQILQLVK
PD\GLVFRORULIDFLGLFRUVXJDU\VSLOOVDUHQRW
ZLSHGXSSULRUWRDVHOIFOHDQF\FOH
,03257$17 7KHKHDOWKRIVRPHELUGVLV
H[WUHPHO\VHQVLWLYHWRWKHIXPHVJLYHQRII
GXULQJWKHVHOIFOHDQLQJF\FOHRIDQ\RYHQ
0RYHELUGVWRDQRWKHUZHOOYHQWLODWHGURRP
■2QGRXEOHRYHQPRGHOV\RXFDQVHWDFOHDQ
F\FOHLQERWKRYHQVDWWKHVDPHWLPH7KH
ODVWRYHQVHWZLOODXWRPDWLFDOO\GHOD\LWVVWDUW
XQWLOWKHHQGRIWKHILUVWRYHQ·VFOHDQF\FOH
■2QµGRXEOHRYHQPRGHOVERWKRYHQVORFN
ZKHQRQHLVVHWWR&OHDQ%RWKZLOOXQORFN
ZKHQDOOFOHDQF\FOHVKDYHFRPSOHWHG
■2QµGRXEOHRYHQPRGHOV\RXFDQXVH
WLPHGEDNLQJLQRQHRYHQDQGVHOIFOHDQWKH
RWKHUDWWKHVDPHWLPH
&$87,211HYHUSODFHFRRNLQJ
XWHQVLOVRUDQ\RWKHULWHPVRQWKHRYHQIORRU
7KHUHLVDKHDWLQJHOHPHQWEHQHDWKWKHRYHQ
IORRU3ODFLQJLWHPVRQWKHRYHQIORRUPD\FDXVH
WKHRYHQWRRYHUKHDWUHVXOWLQJLQGDPDJHWRWKH
RYHQDQGULVNRIGDPDJHRUILUHWRFDELQHWV
*($SSOLDQFHVFRP
7KHRYHQGRRUPXVWEHFORVHGDQGDOOFRQWUROVPXVWEHVHWFRUUHFWO\IRUWKHF\FOHWRZRUNSURSHUO\
+RZWR'HOD\WKH6WDUWRI&OHDQLQJ
3UHVVWKH6HOI&OHDQ6WG/RZSDGRQFHIRU
DKRXUFOHDQWLPHRUWZLFHIRUDKRXU
FOHDQWLPH
$KRXUVHOIFOHDQWLPHLVUHFRPPHQGHG
IRUXVHZKHQFOHDQLQJVPDOOFRQWDLQHG
VSLOOV$VHOIFOHDQWLPHRIKRXUVRUORQJHU
LVUHFRPPHQGHGIRUDGLUWLHURYHQ
,IDWLPHRWKHUWKDQKRXUVRUKRXUVLV
QHHGHGXVHWKHQXPEHU SDGVDQGHQWHU
WKHGHVLUHGFOHDQWLPH
<RXFDQFKDQJHWKHFOHDQWLPHWRDQ\WLPH
EHWZHHQKRXUVDQGKRXUVGHSHQGLQJRQ
KRZGLUW\\RXURYHQLV
3UHVVWKH'HOD\6WDUWSDG
8VLQJWKHQXPEHUSDGVHQWHUWKHWLPHRI
GD\\RXZDQWWKHFOHDQF\FOHWRVWDUW
3UHVVWKH6WDUWSDG
7KHGRRUORFNVDXWRPDWLFDOO\7KHGLVSOD\ZLOO
VKRZWKHVWDUWWLPH,WZLOOQRWEHSRVVLEOHWR
RSHQWKHRYHQGRRUXQWLOWKHWHPSHUDWXUH
GURSVEHORZWKHORFNWHPSHUDWXUHDQGWKH
/2&.('OLJKWJRHVRII
:KHQWKH/2&.('OLJKWJRHVRII\RXZLOOEH
DEOHWRRSHQWKHGRRU
127(2QGRXEOHRYHQPRGHOV\RXFDQVHWD
GHOD\FOHDQLQERWKRYHQVDWWKHVDPHWLPH7KH
VHFRQGRYHQVHWZLOODXWRPDWLFDOO\GHOD\WKH
VWDUWRIFOHDQLQJXQWLOWKHHQGRIWKHILUVWRYHQ·V
FOHDQF\FOH
7RUHFDOOWKHVWDUWWLPHRIWKHVHFRQGRYHQVHW
SUHVVWKH'HOD\6WDUWSDGRQWKHFRQWUROVIRU
WKHVHFRQGRYHQ
$IWHUD&OHDQ&\FOH
<RXPD\QRWLFHVRPHZKLWHDVKLQWKHRYHQ
:LSHLWXSZLWKDGDPSFORWKDIWHUWKHRYHQ
FRROV
,IZKLWHVSRWVUHPDLQUHPRYHWKHPZLWKDVRDS
ILOOHGVWHHOZRROSDGDQGULQVHWKRURXJKO\ZLWKD
YLQHJDUDQGZDWHUPL[WXUH7KHVHGHSRVLWVDUH
XVXDOO\DVDOWUHVLGXHWKDWFDQQRWEHUHPRYHGE\
WKHFOHDQF\FOH
$ZKLWHGLVFRORUDWLRQPD\DSSHDUDIWHU
FOHDQLQJLIDFLGLFRUVXJDU\IRRGVZHUHQRW
ZLSHGXSEHIRUHWKHFOHDQF\FOH7KLVLVQRUPDO
DQGZLOO127DIIHFWSHUIRUPDQFH
,IWKHRYHQLVQRWFOHDQDIWHURQHFOHDQF\FOH
UHSHDWWKHF\FOH
■
<RXFDQQRWVHWWKHRYHQIRUFRRNLQJXQWLOWKH
RYHQLVFRROHQRXJKIRUWKHGRRUWRXQORFN
■ :KLOHWKHRYHQLVVHOIFOHDQLQJ\RXFDQSUHVV
WKH&ORFN SDGWRGLVSOD\WKHWLPHRIGD\7R
UHWXUQWRWKHFOHDQFRXQWGRZQSUHVVWKH6HOI
&OHDQ6WG/RZSDG
6WDQGDUG5DFNV
,IWKH\EHFRPHKDUGWRVOLGHZLSHWKHLU
VLGHHGJHVDQGWKHRYHQUDFNVXSSRUWVZLWK
FRRNLQJRLO
([WHQVLRQ5DFN
,ILWEHFRPHVGLIILFXOWWRVOLGHRULIWKHUHOHDVH
OHYHUVEHFRPHGLIILFXOWWRXVHVHH([WHQVLRQ
5DFNLQWKH&DUHDQG&OHDQLQJVHFWLRQ'RQRW
VSUD\H[WHQVLRQUDFNZLWKFRRNLQJVSUD\RURWKHU
OXEULFDQWVSUD\V
,ILWEHFRPHVKDUGWRUHPRYHRUUHSODFHZLSH
WKHRYHQUDFNVXSSRUWVZLWKFRRNLQJRLO'RQRW
ZLSHFRRNLQJRLORQWKHVOLGHV
127($IWHUWKHILUVWVHOIFOHDQF\FOHWKHJUD\
VWDLQOHVVVWHHOVXUIDFHVZLOOFKDQJHFRORURQ
HQDPHOHGH[WHQVLRQUDFNV7KLVLVQRUPDO,WLVQRW
UHFRPPHQGHGWRVHOIFOHDQQLFNHOH[WHQVLRQUDFNV
DVWKHZKROHUDFNZLOOGLVFRORUEHFDXVHRIWKHVHOI
FOHDQWHPSHUDWXUHV
6SHFLDOIHDWXUHVRI\RXURYHQFRQWURO
<RXUQHZWRXFKSDGFRQWUROKDVDGGLWLRQDOIHDWXUHVWKDW\RXPD\FKRRVHWRXVH7KHIROORZLQJDUHWKHIHDWXUHVDQGKRZ
\RXPD\DFWLYDWHWKHP
7KHVSHFLDOIHDWXUHPRGHVFDQRQO\EHDFWLYDWHGZKLOHWKHGLVSOD\LVVKRZLQJWKHWLPHRIGD\7KH\UHPDLQLQWKHFRQWURO·V
PHPRU\XQWLOWKHVWHSVDUHUHSHDWHG
:KHQWKHGLVSOD\VKRZV\RXUFKRLFHSUHVVWKH6WDUWSDG7KHVSHFLDOIHDWXUHVZLOOUHPDLQLQPHPRU\DIWHUDSRZHUIDLOXUH
H[FHSWIRUWKH6DEEDWKIHDWXUHZKLFKZLOOKDYHWREHUHVHW
+RXU6KXWRII
:LWKWKLVIHDWXUHVKRXOG\RXIRUJHWDQGOHDYH
WKHRYHQRQWKHFRQWUROZLOODXWRPDWLFDOO\
WXUQRIIWKHRYHQDIWHUKRXUVGXULQJEDNLQJ
IXQFWLRQV
RUDIWHUKRXUVGXULQJDEURLOIXQFWLRQ
,I\RXZLVKWRWXUQ2))WKLVIHDWXUHIROORZWKH
VWHSVEHORZ
3UHVVWKH%DNHDQG%URLO+L/RSDGVRQ
GRXEOHRYHQPRGHOVXVHWKHXSSHURYHQ
FRQWUROVDWWKHVDPHWLPHIRUVHFRQGV
XQWLOWKHGLVSOD\VKRZV6)
3UHVVWKH'HOD\6WDUWSDGXQWLOQRVKGQ
QRVKXWRIIDSSHDUVLQWKHGLVSOD\
3UHVVWKH6WDUWSDGWRDFWLYDWHWKHQR
VKXWRIIDQGOHDYHWKHFRQWUROVHWLQWKLV
VSHFLDOIHDWXUHVPRGH
127(2QGRXEOHRYHQPRGHOVWKLVDFWLYDWHV
WKLVVSHFLDOIHDWXUHIRUERWKRYHQV
+RXU+RXURU&ORFN%ODFNRXW
<RXUFRQWUROLVVHWWRXVHDKRXUFORFN
,I\RXZRXOGSUHIHUWRKDYHDKRXUPLOLWDU\
WLPHFORFNRUEODFNRXWWKHFORFNGLVSOD\IROORZ
WKHVWHSVEHORZ
3UHVVWKH%DNHDQG%URLO+L/RSDGVRQ
GRXEOHRYHQPRGHOVXVHWKHXSSHURYHQ
FRQWUROVDWWKHVDPHWLPHIRUVHFRQGV
XQWLOWKHGLVSOD\VKRZV6)
3UHVVWKH&ORFNSDGRQFH7KHGLVSOD\ZLOO
VKRZKU ,IWKLVLVWKHFKRLFH\RXZDQW
SUHVVWKH6WDUWSDG
3UHVVWKH&ORFNSDGDJDLQWRFKDQJHWR
WKHKRXUPLOLWDU\WLPHFORFN7KHGLVSOD\
ZLOOVKRZKU ,IWKLVLVWKHFKRLFH\RX
ZDQWSUHVVWKH6WDUWSDG
3UHVVWKH&ORFNSDGDJDLQWREODFNRXWWKH
FORFNGLVSOD\7KHGLVSOD\ZLOOVKRZ2)) ,I
WKLVLVWKHFKRLFH\RXZDQWSUHVVWKH6WDUW
SDG
127(,IWKHFORFNLVLQWKHEODFNRXWPRGH\RX
ZLOOQRWEHDEOHWRXVHWKH'HOD\6WDUWIXQFWLRQ
)DKUHQKHLWRU&HOVLXV7HPSHUDWXUH6HOHFWLRQ
<RXURYHQFRQWUROLVVHWWRXVHWKH)DKUHQKHLW
WHPSHUDWXUHVHOHFWLRQVEXW\RXPD\FKDQJHWKLV
WRXVHWKH&HOVLXVVHOHFWLRQV
3UHVVWKH%DNHDQG%URLO+L/RSDGVRQ
GRXEOHRYHQPRGHOVXVHWKHXSSHURYHQ
FRQWUROVDWWKHVDPHWLPHIRUVHFRQGV
XQWLOWKHGLVSOD\VKRZV6)
3UHVVWKH%URLO+L/RDQG&RRNLQJ7LPH
SDGVDWWKHVDPHWLPH7KHGLVSOD\ZLOO
VKRZ))DKUHQKHLW
3UHVVWKH%URLO+L/RDQG&RRNLQJ7LPH
SDGVDJDLQDWWKHVDPHWLPH7KHGLVSOD\
ZLOOVKRZ&&HOVLXV
3UHVVWKH6WDUWSDG
127(2QGRXEOHRYHQPRGHOVWKHQHZVHWWLQJ
ZLOOEHGLVSOD\HGIRUERWKRYHQV
Other manuals for CT918STSS
1
This manual suits for next models
41
Other GE Oven manuals
GE
GE SCB1001MSS User instructions
GE
GE Monogram ZSC2001FSS User instructions
GE
GE Profile Advantium PSB9100SFSS User instructions
GE
GE Profile PT920 Manual
GE
GE TWIN FLEX PTS9200 User manual
GE
GE PT9551SLSS User manual
GE
GE PK7000SFSS User manual
GE
GE JTP15 User manual
GE
GE Advantium CSB9120 User manual
GE
GE Appliances JVM1950 User manual
Popular Oven manuals by other brands
EAS Electric
EAS Electric ENV28 instruction manual
AEG Electrolux
AEG Electrolux E30510-6 user manual
XLT Ovens
XLT Ovens H3E-1832 Series Installation & operation manual
Polar Metalli
Polar Metalli mypizza user manual
Fisher & Paykel
Fisher & Paykel WOSV230 Using
Bosch
Bosch HBG533B 0Y Series User manual and installation instructions
