Hitachi 50PD960DTA User manual

3''7$
86(50$18$/
3''7$
7KDQN\RXIRUSXUFKDVLQJWKH+LWDFKL3ODVPD7HOHYLVLRQ
3OHDVHUHDGWKLVXVHUPDQXDOFDUHIXOO\EHIRUHRSHUDWLQJ
WKLVSURGXFW
7RHQVXUHSURSHURSHUDWLRQSOHDVHUHDGDQGIROORZ$//
WKHLQVWUXFWLRQVHVSHFLDOO\WKH,03257$176$)(7<
,16758&7,216DQG6$)(7<35(&$87,216
3OHDVHNHHSWKLVXVHUPDQXDOIRUIXWXUHUHIHUHQFH


,03257$176$)(7<,16758&7,216 
,1752'8&7,21 
$ERXW7KLV0DQXDO 
7UDGHPDUN&UHGLWV 
$ERXW6RIWZDUH 
6$)(7<35(&$87,216 
$ERXWWKH6\PEROV 
&OHDQLQJDQG0DLQWHQDQFH 
$%2873/$60$',63/$<3$1(/ 
,PDJH5HWHQWLRQRI3ODVPD'LVSOD\ 
&RPPRQ&KDUDFWHULVWLFVRI
3ODVPD'LVSOD\3DQHOV 
)($785(6 
6833/,('$&&(6625,(6 
237,21
&20321(171$0(6 
0DLQ8QLW 
5HPRWH&RQWURO 
35(3$5$7,21 
5HPRWH&RQWURO%DWWHULHV,QVWDOODWLRQ 
+DQGOLQJWKH5HPRWH&RQWURO 
&DXWLRQ:KHQ0RYLQJWKH0DLQ8QLW 
6DIHW\3UHFDXWLRQRQ0DLQ8QLW,QVWDOODWLRQ 
$QWL7XPEOH0HDVXUHV 
&211(&7,21 
7HUPLQDO3RVLWLRQV 
&RQQHFWLQJ3URFHGXUH 
%$6,&23(5$7,21
3RZHU2Q2II 
)LUVW7LPH6HWXS 
9ROXPH83'2:1 
0XWH 
,QSXW6ZLWFKLQJWR'7779$9a+'0,
DQG5*% 
,QSXW6LJQDO6FUHHQ'LVSOD\ 
796(78323(5$7,21 
+RZWRXVHWKH2Q6FUHHQ'LVSOD\
26'V\VWHP 
6HWXS0HQX79PRGH 
&217(176
6HWXS0HQX$9PRGH 
6HWXS0HQX5*%PRGH 
)XQFWLRQ0HQX 
3LFWXUH0HQX79$9PRGH 
3LFWXUH0HQX5*%PRGH 
$XGLR0HQX 
7LPHU0HQX 
$QDORJ7HOHWH[W 
',*,7$/7(55(675,$/7(/(9,6,21'77
23(5$7,21
+RZWRXVHWKH2Q6FUHHQ'LVSOD\
26'V\VWHP 
'770DLQ0HQX/LVW 
,QVWDOOLQJ&KDQQHOV 
5HVWRULQJ&KDQQHOV
&KDQQHO6HOHFWLRQV
0DNLQJ)DYRULWH/LVW 
8WLOL]LQJWKH,QIRUPDWLRQ7RRO 
&RQ¿JXULQJ6HWWLQJ 
&KHFNLQJ'776\VWHP,QIRUPDWLRQ 
796HWXS0HQX 
)81&7,21 
6L]H6ZLWFKLQJ 
3LFWXUH)UHH]LQJ 
$XGLR6ZLWFKLQJ 
3RZHU6DYH0RGH 
'9'3OD\HU67%6HOHFWLRQ 
7528%/(6+227,1* 
:KHQ)ROORZLQJ0HVVDJHV$SSHDU
RQWKH6FUHHQ 
6\PSWRPDQG&KHFN/LVW 
352'8&763(&,),&$7,216 
6LJQDO,QSXW 
5HFRPPHQGHG6LJQDO/LVW 
,03257$176$)(7<,16758&7,216
5HDGWKLVLQVWUXFWLRQWKRURXJKO\
5HWDLQWKLVLQVWUXFWLRQIRUIXWXUHUHIHUHQFH
+HHGDOOZDUQLQJVDQGFDXWLRQVWRSUHYHQWSRVVLEOHGDQJHU
)ROORZDOOLQVWUXFWLRQV,PSURSHUKDQGOLQJFRXOGFDXVHSHUVRQDOLQMXU\DQGRUVHULRXVGDPDJHWRWKHXQLWWKDWPD\
VKRUWHQLWVVHUYLFHWLPH
'RQRWEORFNDQ\YHQWLODWLRQRSHQLQJV
,QVWDOOWKHSURGXFWLQDFFRUGDQFHZLWKWKHPDQXIDFWXUH¶VLQVWUXFWLRQV
%HIRUHFDOOLQJIRUWKHWHFKQLFDOVXSSRUWRUVHUYLFHWHFKQLFLDQUHDG³7528%/(6+227,1*´  a  WRGHWHUPLQH
WKHV\PSWRPVZKHQSUREOHPVRFFXUGXULQJLQVWDOODWLRQRURSHUDWLRQRIWKHSURGXFW
,IVHULRXVSUREOHPVKDSSHQVXFKDVVPRNHRUDQDEQRUPDORGRUIURPWKHXQLWWXUQRIIWKH0DLQ3RZHUXQSOXJWKH
3RZHU&RUGDQGWKHQFRQWDFW\RXUORFDOGHDOHULPPHGLDWHO\


3''7$
,1752'8&7,21
7KDQN\RXIRUSXUFKDVLQJWKH+LWDFKL3ODVPD7HOHYLVLRQ:HKRSHWKDW\RXZLOOHQMR\WKHJUHDWSHUIRUPDQFHZLWKWKLV
SURGXFW
7KLV3ODVPDWHOHYLVLRQKDVEHHQGHVLJQHGWRPHHWWKHLQWHUQDWLRQDOVWDQGDUGV+RZHYHULWFRXOGFDXVHSHUVRQDO
LQMXULHVDQGSURSHUW\GDPDJHLILPSURSHUO\KDQGOHG,QRUGHUWRSUHYHQWSRWHQWLDOGDQJHUDQGREWDLQPD[LPXPEHQH¿W
IURP\RXUVHWSOHDVHREVHUYHWKHIROORZLQJLQVWUXFWLRQVZKHQLQVWDOOLQJRSHUDWLQJDQGFOHDQLQJWKHSURGXFW
.HHSWKLVPDQXDOIRUIXWXUHUHIHUHQFHDQGUHFRUGWKHVHULDOQXPEHURI\RXUVHWLQWKHVSDFHSURYLGHGRQWKHIURQW
FRYHUSDJHRIWKLVPDQXDO
$ERXW7KLV0DQXDO
7KHLQIRUPDWLRQLQWKLVPDQXDOLVVXEMHFWWRFKDQJHZLWKRXWQRWLFH
7KLVPDQXDOKDVEHHQFUHDWHGZLWKH[WUDFDUH,QFDVHWKDW\RXKDYHDQ\FRPPHQWVRUTXHVWLRQVUHJDUGLQJWKLV
PDQXDOSOHDVHFRQWDFW\RXUORFDOGHDOHURURXU&XVWRPHU6HUYLFH&HQWHU
%HIRUHRSHUDWLQJWKLVVHWSOHDVHIXOO\XQGHUVWDQGWKHSUHUHTXLVLWHVXFKDVVSHFL¿FDWLRQVRUFRQVWUDLQWVRIWKH
KDUGZDUHDQGVRIWZDUH:HDUHQRWUHVSRQVLEOHDQGKDYHQROLDELOLW\IRUDQ\ORVVGDPDJHRULQMXU\DVDUHVXOWRI
PLVXVH
5HSURGXFWLRQFRS\LQJXVHPRGL¿FDWLRQDQGRUWUDQVPLVVLRQLQZKROHRULQSDUWRIWKLVPDQXDODUHSURKLELWHG
ZLWKRXWDQ\SULRUZULWWHQSHUPLVVLRQ
$OORWKHUSURGXFWVDQGFRPSDQ\QDPHVXVHGLQWKLVPDQXDODUHWUDGHPDUNVRUUHJLVWHUHGWUDGHPDUNVRIWKHLU
UHVSHFWLYHRZQHUV
7UDGHPDUN&UHGLWV
9*$DQG;*$DUHWUDGHPDUNVRI,QWHUQDWLRQDO%XVLQHVV0DFKLQHV&RUSRUDWLRQ
9(6$LVDUHJLVWHUHGWUDGHPDUNRIWKH9LGHR(OHFWURQLFV6WDQGDUG$VVRFLDWLRQ
/LFHQVHGE\%%(6RXQG,QFXQGHU863DQG
%%(DQG%%(V\PERODUHUHJLVWHUHGWUDGHPDUNVRI%%(6RXQG,QF
0DQXIDFWXUHGXQGHUOLFHQVHIURP%%(6RXQG,QF
:2:656DQGzV\PERODUHWUDGHPDUNVRI656/DEV,QF
:2:WHFKQRORJ\LVLQFRUSRUDWHGXQGHUOLFHQVHIURP656/DEV,QF
+'0,WKH+'0,ORJRDQG+LJK'H¿QLWLRQ0XOWLPHGLD,QWHUIDFHDUHWUDGHPDUNVRUUHJLVWHUHGWUDGHPDUNVRI+'0,
/LFHQVLQJ//&
'9%LVDUHJLVWHUHGWUDGHPDUNRIWKH'9%3URMHFW
(YHQLIQRVSHFLDOQRWDWLRQKDVEHHQPDGHRIFRPSDQ\RUSURGXFWWUDGHPDUNVWKHVHWUDGHPDUNVKDYHEHHQIXOO\
UHVSHFWHG
$ERXW6RIWZDUH
<RXPD\QRWDOWHUGHFRPSLOHGLVDVVHPEOHGHFU\SWRURWKHUZLVHUHYHUVHHQJLQHHUWKH6RIWZDUHLQVWDOOHGLQWKLV
SURGXFWZKLFKDUHSURKLELWHGE\ODZ


6$)(7<35(&$87,216
)RU\RXUVDIHW\SOHDVHUHDGWKHIROORZLQJSUHFDXWLRQVFDUHIXOO\EHIRUHXVLQJWKLVSURGXFW,PSURSHUXVHZRXOGFDXVHVHULRXVSHUVRQDOLQMXULHV
DQGRUGDPDJHWR\RXUSURSHUW\RUWKLVSURGXFW
$ERXWWKH6\PEROV
7KHIROORZLQJDUHWKHV\PEROVXVHGLQWKLVPDQXDODQGDI¿[HGRQWKHXQLWLWVHOI3OHDVHIXOO\XQGHUVWDQGWKHPHDQLQJVRIWKHV\PEROVEHIRUH
UHDGLQJWKHLQVWUXFWLRQVLQWKLVVHFWLRQ
:$51,1* 1HYHULJQRUHWKHLQVWUXFWLRQ7KHUHDUHULVNVRIVHULRXVLQMXULHVRUSRVVLEOHGHDWKWRWKHXVHU
&$87,21 'RQRWLJQRUHWKHLQVWUXFWLRQ7KHUHDUHSRVVLELOLWLHVRISHUVRQDOLQMXULHVDQGRUSURSHUW\GDPDJH
2WKHU6\PEROV
7KHWULDQJOHZLWKLOOXVWUDWLRQLVLQWHQGHGWRDOHUWWKHXVHUVWKDWWKHUHDUHSRVVLELOLWLHVRI¿UHH[SORVLRQRUKLJK
WHPSHUDWXUHVLIWKHSURGXFWLVKDQGOHGLPSURSHUO\
(DFKLOOXVWUDWLRQZLWKLQWKHWULDQJOHVSHFL¿HVWKHFRQWHQWVLQGHWDLO7KH¿JXUHRQWKHOHIWLVDQH[DPSOH
7KHFLUFOHZLWKGLDJRQDOOLQHDQGLOOXVWUDWLRQLQGLFDWHVDSURKLELWHGDFWLRQWKHV\PEROWRWKHOHIWLQGLFDWHVWKDW
GLVDVVHPEO\LVSURKLELWHG
7KLVV\PEROLQGLFDWHVDFRPSXOVRU\DFWLRQ
7KHFRQWHQWVZLOOEHFOHDUO\LQGLFDWHGLQDQLOOXVWUDWLRQRUQHDUE\WKHV\PEROWRWKHOHIWLQGLFDWHVWKDWWKHSRZHUSOXJ
VKRXOGEHGLVFRQQHFWHGIURPWKHSRZHURXWOHW
:$51,1*
7KHUHLVDULVNRIÀUHHOHFWULFVKRFNRUVHULRXVLQMXU\
ʄ8QSOXJWKHSRZHUFRUGLPPHGLDWHO\ZKHQVHULRXVSUREOHPVRFFXU
6HULRXVSUREOHPVVXFKDV
6PRNHDEQRUPDORGRURUQRLVHFRPHVRXWIURPWKHSURGXFW
1RSLFWXUHQRVRXQGRUGLVWRUWHGSLFWXUHRQWKHGLVSOD\
)RUHLJQREMHFWVVXFKDVZDWHUPHWDOVHWFJHWLQVLGHWKHXQLW
'RQRWFRQWLQXHXVLQJWKHSURGXFWXQGHUWKHVHDEQRUPDOFRQGLWLRQV
7XUQRIIWKH0DLQ3RZHUXQSOXJWKH3RZHU&RUGDQGFRQWDFW\RXUGHDOHULPPHGLDWHO\
)RU\RXUVDIHW\QHYHUWU\WRUHSDLUWKHSURGXFWE\\RXUVHOI
ʄ'RQRWLQVHUWOLTXLGVRUDQ\IRUHLJQREMHFWVVXFKDVPHWDOVRUÁDPPDEOHLWHPVLQVLGHWKHXQLW
,QFDVHLWKDSSHQVWXUQRIIWKHPDLQSRZHUXQSOXJWKH3RZHU&RUGDQGFRQWDFW\RXUGHDOHULPPHGLDWHO\
8VHVSHFLDOFDXWLRQZKHQ\RXQJHUFKLOGUHQDUHDURXQGWKHXQLW
ʄ'RQRWUHPRYHFRYHURUPRGLI\WKHSURGXFW
+LJKYROWDJHFRPSRQHQWVDUHLQVWDOOHGLQVLGHRIWKHXQLW5HPRYLQJFRYHUVFDQH[SRVH\RXWRKLJK
YROWDJHHOHFWULFDOVKRFNDQGRWKHUGDQJHURXVFRQGLWLRQV
&RQWDFW\RXUORFDOGHDOHUWRSHUIRUPVHUYLFLQJVXFKDVLQVSHFWLRQDGMXVWPHQWRUUHSDLUZRUN
'LVFRQQHFWWKH
SOXJIURPWKH
SRZHURXWOHW
'RQRW
GLVDVVHPEOH


3''7$
6$)(7<35(&$87,216FRQWLQXHG
:$51,1*
7KHUHLVDULVNRIÀUHHOHFWULFVKRFNRUVHULRXVLQMXU\
ʄ,QVWDOOWKHXQLWDWDSURSHUDUHDZKHUHLWGRHVQRWH[SRVHDQ\RQHWRDQ\GDQJHU
,I\RXKLWDJDLQVWWKHHGJHRIWKHXQLW\RXPD\EHLQMXUHG
ʄ'RQRWSODFHDQ\REMHFWVRQWRSRIWKHXQLW
2EMHFWVVXFKDV
/LTXLGFRQWDLQHUVYDVH¿VKWDQNÀRZHUSRWFRVPHWLFVRUOLTXLGPHGLFLQH
,IZDWHURUDQ\OLTXLGVSLOORQWRWKHXQLWLWPD\FDXVHVKRUWFLUFXLWDQGUHVXOWLQ¿UHRUHOHFWULFDOVKRFN
,QFDVHWKDWLWKDSSHQVWXUQRIIWKH0DLQ3RZHUXQSOXJWKH3RZHU&RUGDQGFRQWDFW\RXUGHDOHULPPHGLDWHO\
'RQRWSODFHDQ\WKLQJKHDY\RQWRSRIWKHXQLW
'RQRWFOLPERQRUKDQJIURPWKHXQLW
'RQRWOHW\RXUSHWVJHWRQWRSRIWKHXQLW
ʄ'RQRWH[SRVHWKLVXQLWWRUDLQRUPRLVWXUH
1HYHUXVHWKLVXQLWLQWKHEDWKURRPRUVKRZHUURRP
%HZDUHZKHQ\RXXVHWKLVSURGXFWRXWVLGHHVSHFLDOO\LQUDLQ\RUVQRZ\ZHDWKHUDQGDWWKHEHDFKRU
ZDWHUIURQW
:KHQWKHSURGXFWJHWVZHWLWFRXOGFDXVH¿UHRUHOHFWULFDOVKRFN
ʄ8QSOXJWKLVXQLWGXULQJOLJKWQLQJVWRUP
7RUHGXFHWKHULVNRIHOHFWULFDOVKRFNGRQRWWRXFKWKHSURGXFWZKHQVWDUWVOLJKWQLQJ
ʄ'RQRWGRDQ\WKLQJWKDWPD\GDPDJHWKH3RZHU&RUG
'RQRWGDPDJHPRGLI\WZLVWIRUFLEO\EHQGKHDWRUSXOOH[FHVVLYHO\WKH3RZHU&RUG
'RQRWSODFHKHDY\REMHFWVLQFOXGLQJWKHXQLWLWVHOIRQWRSRIWKH3RZHU&RUG
,IWKH3RZHU&RUGLVGDPDJHGFRQWDFW\RXUGHDOHUIRUUHSDLUVRUH[FKDQJH
ʄ8VHRQO\ZLWKGHVLJQDWHGSRZHUVXSSO\YROWDJH
7RSUHYHQWWKHULVNRI¿UHDQGHOHFWULFDOVKRFNRSHUDWHWKLVSURGXFWRQO\ZLWKWKHSRZHUVXSSO\YROWDJHLQGLFDWHGRQWKH
XQLW
ʄ%HZDUHQRWWRGURSRUKDYHDQ\LPSDFWRQWKHXQLW
7DNHH[WUDFDUHZKLOHPRYLQJWKHXQLW
7KHSODVPDGLVSOD\SDQHOLVPDGHRIJODVV,QFDVHWKDWLWEUHDNV\RXPD\EHLQMXUHGE\WKHEURNHQSLHFHV
,QFDVHWKDW\RXGURSWKHXQLWRUWKHFDELQHWLVGDPDJHGWXUQRIIWKH0DLQ3RZHUXQSOXJWKH3RZHU&RUGDQGFRQWDFW
\RXUORFDOGHDOHULPPHGLDWHO\
&RQWLQXLQJXVHRIWKHSURGXFWZLWKDERYHFRQGLWLRQVPD\FDXVH¿UHRUHOHFWULFDOVKRFN
ʄ&OHDQGXVWRUPHWDOVRQRUDURXQGWKHEODGHRIWKHSRZHUSOXJUHJXODU\
&RQWLQXLQJXVHRIWKHSURGXFWZLWKDERYHFRQGLWLRQPD\FDXVH¿UHRUHOHFWULFDOVKRFN
$OZD\VXQSOXJWKH3RZHU&RUG¿UVWDQGFOHDQWKHEODGHVZLWKDGU\FORWK
ʄ'RQRWSODFHWKHXQLWRQDQXQVWDEOHVXUIDFH
8QVWDEOHSODFHVVXFKDV
7LOWHGVXUIDFHRUVKDN\UDFNWDEOHVWDQGRUWUROO\
,IWKHXQLWIDOOVGRZQLWFRXOGFDXVHSHUVRQDOLQMXU\
ʄ'RQRWSODFH\RXUÀQJHUVLQWRWKHJDSDWWKHRSHQHGIURQWGRRURIWKHXQLW
,I\RXU¿QJHUVDUHFDXJKWLQWKHIURQWGRRU\RXPD\EHLQMXUHG
'RQRWDOORZFKLOGUHQWRWRXFKWKHIURQWGRRURUSOD\QHDULW
'LVFRQQHFWWKH
SOXJIURPWKH
SRZHURXWOHW


6$)(7<35(&$87,216FRQWLQXHG
&$87,21
ʄ'RQRWSODFHWKHXQLWDWDGXVW\SODFH
,WFRXOGFDXVHPDOIXQFWLRQ
ʄ'RQRWFRYHURUEORFNDQ\YHQWLODWLRQKROHVRQWKHSURGXFW
7KHXQLWZRXOGRYHUKHDWDQGLWFRXOGFDXVH¿UHRUGDPDJHWKHSURGXFWZKLFKPD\VKRUWHQLWVVHUYLFHOLIH
,QVWDOOWKHSURGXFWLQDFFRUGDQFHZLWKWKHLQVWUXFWLRQVLQWKLVPDQXDO
'RQRWSODFHWKHXQLWZLWKYHQWLODWLRQVLGHGRZQ
'RQRWLQVWDOOWKHXQLWRQWKHFDUSHWRUEHGFORWKHV
'RQRWFRYHUWKHXQLWZLWKWDEOHFORWKHWF
ʄ%HVXUHWRJURXQGWKHHDUWKFDEOHFRUUHFWO\
(VSHFLDOO\ZKHQ\RXXVH3RZHU&RUGDGDSWHUEHVXUHWRFRQQHFWWKHHDUWKFDEOHWRWKHJURXQGWHUPLQDO,QFRUUHFW
FRQQHFWLRQZRXOGFDXVH¿UHRUHOHFWULFDOVKRFN
)RU\RXUVDIHW\DOZD\VPDNHVXUHWRXQSOXJWKH3RZHU&RUGEHIRUHFRQQHFWRUGLVFRQQHFWWKHHDUWKFDEOH
ʄ)ROORZWKH$QWLWXPEOHPHDVXUHVLQWKLVPDQXDO
,IWKHXQLWWXPEOHVRYHUWKHUHLVDULVNRISHUVRQDOLQMXU\DQGSRVVLEOHGHDWK$OVRLWZRXOGGDPDJHWKHSURGXFW
VHULRXVO\
ʄ'RQRWLQVWDOOWKHXQLWQHDUWKHPHGLFDOGHYLFHV
7RSUHYHQWPDOIXQFWLRQRIWKHPHGLFDOGHYLFHVGRQRWXVHWKLVSURGXFWDQGPHGLFDOGHYLFHVLQWKHVDPHURRP
ʄ'RQRWSODFHD&57EDVHGWHOHYLVLRQQHDUWKHVSHDNHUVRIWKH3ODVPD7HOHYLVLRQ
,WFRXOGFDXVHWKHSDUWLDOGLVFRORUDWLRQRUEOXUULQJRIWKHLPDJHRQWKH&57EDVHGWHOHYLVLRQ
3OHDVHLQVWDOOLWDZD\IURPWKHVSHDNHUVRIWKHXQLW
ʄ'LVFRQQHFWDOORIWKHH[WHUQDOFRQQHFWLRQFDEOHVDQGGHWDFKWKHDQWLWXPEOHPHDVXUHVEHIRUH
PRYLQJWKHXQLW
,WPD\FDXVH¿UHHOHFWULFDOVKRFNRUSHUVRQDOLQMXULHV
ʄ&RQQHFWWKHSRZHUSOXJVHFXUHO\
,PSURSHUFRQQHFWLRQZLOOFDXVHRYHUKHDWLQJDQGPD\UHVXOWLQ¿UH
'RQRWWRXFKWKHEODGHVRIWKHSOXJZKLOHFRQQHFWLQJLWWRWKHZDOOVRFNHW,WFRXOGFDXVHHOHFWULFDOVKRFN
,IWKHSOXJLVQRW¿WWHGIRUWKHZDOOVRFNHWFRQWDFW\RXUGHDOHUIRUUHSODFHPHQW
ʄ'RQRWKDQGOHWKH3RZHU&RUGZLWKZHWKDQGV
,WFRXOGUHVXOWLQHOHFWULFDOVKRFN
ʄ'RQRWSXOOWKHFRUGZKHQ\RXXQSOXJWKH3RZHU&RUG
,WPD\GDPDJHWKHFRUGDQGFRXOGUHVXOWLQ¿UHRUHOHFWULFDOVKRFN
+ROGWKHSOXJZKHQGLVFRQQHFWLQJLW
ʄ8QSOXJWKH3RZHU&RUGZKHQ\RXGRQRWLQWHQGWRXVHWKHSURGXFWIRUORQJSHULRGVRIWLPH
ʄ+DQGOHWKHEDWWHULHVSURSHUO\
,PSURSHURULQFRUUHFWXVHRIWKHEDWWHULHVPD\FDXVHFRUURVLRQRUEDWWHU\OHDNDJHZKLFKFRXOGFDXVH¿UHSHUVRQDO
LQMXU\RUGDPDJHWRWKHSURSHUW\
8VHRQO\WKHW\SHVRIWKHEDWWHULHVZKLFKDUHLQGLFDWHGLQWKLVPDQXDO
'RQRWLQVWDOOQHZEDWWHULHVZLWKXVHGRQHV
,QVWDOOWKHEDWWHULHVFRUUHFWO\E\IROORZLQJWKHSRODULW\DQGLQGLFDWLRQVRQWKHEDWWHU\FRPSDUWPHQW
'RQRWGLVSRVHRIWKHXVHGEDWWHULHVDVGRPHVWLFZDVWH'LVSRVHRIWKHPLQDFFRUGDQFHZLWKWKHORFDOUHJXODWLRQV
6XSSO\FRQQHFW
WKHJURXQGZLUH


3''7$
6$)(7<35(&$87,216FRQWLQXHG
35(&$87,216
ʄ'RQRWLQVWDOOWKHXQLWDWDUHDVZKHUHLWZLOOEHVXEMHFWHGWRKLJKWHPSHUDWXUHV
,WFRXOGGDPDJHWKHFDELQHWRUSDUWVRIWKHSURGXFW
'RQRWLQVWDOOQHDUDQ\KHDWVRXUFHVVXFKDVUDGLDWRUVKHDWUHJLVWHUVVWRYHVRURWKHUDSSDUDWXVWKDWSURGXFHKHDW
.HHSWKHXQLWRXWRIGLUHFWVXQOLJKW,WFRXOGLQFUHDVHWKHWHPSHUDWXUHRIWKHXQLWDQGFDXVHPDOIXQFWLRQ
ʄ0RWRU)DQ
 7KH79KDVPRWRUIDQWRORZHULWVWHPSHUDWXUHDQGWKHIDQPD\SURGXFHQRLVHGXULQJLWVRSHUDWLRQ7KLVLVQRWDPDOIXQFWLRQ
ʄ9LHZLQJ$GYLFH
7KHOLJKWLQJRIWKHHQYLURQPHQWLQZKLFKWKHSURGXFWLVXVHGVKRXOGEHDSSURSULDWH7RREULJKWGDUNHQYLURQPHQWVDUHQRWJRRGIRU
\RXUH\HV
7DNHWLPHWRUHOD[\RXUH\HVRFFDVLRQDOO\
:KHQ\RXXVHWKLVSURGXFWYLHZIURPDGLVWDQFHHTXDOWRWRWLPHVWKHKHLJKWRIWKHVFUHHQ7KLVLVWKHEHVWYLHZLQJGLVWDQFHLQ
RUGHUWRSURWHFW\RXUH\HVDJDLQVWH\HVWUDLQ
$GMXVWWKHYROXPHWRDQDSSURSULDWHOHYHOHVSHFLDOO\GXULQJWKHQLJKW
ʄ:KHQWUDQVSRUWLQJWKLVSURGXFW
:KHQWKHSURGXFWQHHGVWREHWUDQVSRUWHGGXHWRPRYLQJRUUHSDLUXVHWKHFDUWRQER[DQGEXIIHUPDWHULDOWKDWFDPHZLWK
WKLVSURGXFW
'RQRWWUDQVSRUWWKLVSURGXFWRQLWVVLGH,WFRXOGGDPDJHWKHSDQHOJODVVRUGHJUDGHWKHSKRVSKRUVRIWKHSDQHO
ʄ.HHSUDGLRVDZD\IURPWKHXQLWZKLOHLQXVH
7KLVXQLWLVGHVLJQHGWRPHHWWKHLQWHUQDWLRQDO(0,VWDQGDUGVGXHWRSUHYHQWUDGLRLQWHUIHUHQFH+RZHYHUWKHXQLW
PD\JHQHUDWHQRLVHLQWKHUDGLR
,IWKHQRLVHLVKHDUGRQWKHUDGLRSOHDVHWU\WKHIROORZLQJDFWLRQV
 $GMXVWWKHGLUHFWLRQRIWKHUDGLRDQWHQQDLQRUGHUQRWWRUHFHLYHWKHLQWHUIHUHQFHIURPWKHXQLW
 .HHSWKHUDGLRDZD\IURPWKHXQLW
 8VHFRD[LDOFDEOHIRUWKHDQWHQQD
ʄ$ERXWLQIUDUHGFRPPXQLFDWLRQGHYLFHV
7KHLQIUDUHGFRPPXQLFDWLRQGHYLFHVVXFKDVFRUGOHVVPLFURSKRQHVRUFRUGOHVVKHDGSKRQHVPD\QRWRSHUDWHSURSHUO\DURXQGWKH
XQLW,WLVEHFDXVHRIFRPPXQLFDWLRQIDLOXUH3OHDVHQRWHWKDWWKLVLVQRWPDOIXQFWLRQ
ʄ:KHQ\RXGLVSRVHRIWKLVSURGXFWDWWKHHQGRILWVOLIHIROORZWKHUHJXODWLRQVLQ\RXUUHVLGHQWLDODUHD
)RUPRUHLQIRUPDWLRQFRQWDFWWKHORFDODXWKRULW\RUWKHGHDOHUZKHUH\RXSXUFKDVHGWKHSURGXFW
&OHDQLQJDQG0DLQWHQDQFH
3OHDVHPDNHVXUHWRXQSOXJWKHSRZHUFRUGEHIRUHFOHDQLQJWKHXQLW
ʄ+RZWRFOHDQWKHSODVPDVFUHHQSDQHORIWKHXQLW
7KHSDQHOVXUIDFHLVVSHFLDOO\FRDWHGWRUHGXFHWKHUHÀHFWLRQDQGFXWLQIUDUHGUDGLDWLRQWKXVZLSHWKHSDQHOZLWKDOLQWIUHHDQGGU\
FORWKLQRUGHUWRSUHYHQWGDPDJHWRWKHFRDWLQJ
'RQRWXVHDFKHPLFDOFORWKRUFOHDQHU'HSHQGLQJRQWKHLQJUHGLHQWVLWPD\FDXVHGLVFRORUDWLRQDQGGDPDJHRQWKHFRDWLQJ
'RQRWZLSHZLWKDKDUGFORWKRUUXEKDUG,WPD\KXUWWKHFRDWLQJ
,QFDVHRIWKHJUHDV\GLUWVXFKDV¿QJHUSULQWZLSHZLWKDOLQWIUHHFORWKPRLVWHQHGE\DGLOXWHGQHXWUDOGHWHUJHQWVROXWLRQDQGWKHQ
ZLSHZLWKDVRIWDQGGU\FORWK
'RQRWXVHDVSUD\FOHDQHU,WFRXOGUHPRYHWKHFRDWLQJRUFDXVHPDOIXQFWLRQE\HQWHULQJLQVLGHRIWKHXQLW
ʄ+RZWRFOHDQWKHFDELQHWRIWKHXQLW
7KHIROORZLQJPD\FDXVHFUDFNGHIRUPDWLRQDQGSDLQWSHHOLQJ
 'RQRWZLSHWKHFDELQHWZLWKEHQ]HQHWKLQQHUDQGRWKHUFKHPLFDOSURGXFWV
 'RQRWVSUD\YRODWLOHVROXWLRQVVXFKDVLQVHFWLFLGHRYHUWKHFDELQHW
 'RQRWOHDYHWKHFDELQHWLQSURORQJHGFRQWDFWZLWKSODVWLFRUUXEEHUPDWHULDOV
'RQRWXVHDFKHPLFDOFORWKFOHDQHURUZD['HSHQGLQJRQWKHLQJUHGLHQWVLWPD\FDXVHFUDFNDQGGHIRUPDWLRQ
8VHDOLQWIUHHFORWKWRFOHDQWKHFDELQHWDQGFRQWUROSDQHORIWKHXQLW,QFDVHRIWKHKHDY\GLUWZLSHZLWKDVRIWFORWKPRLVWHQHGE\
DGLOXWHGQHXWUDOGHWHUJHQWVROXWLRQDQGWKHQZLSHZLWKDVRIWDQGGU\FORWK
1HYHUXVHWKHIROORZLQJGHWHUJHQWV,WFRXOGFDXVHFUDFNGLVFRORUDWLRQDQGVFUDWFK
 $FLGDONDOLQHGHWHUJHQWDOFRKROLFGHWHUJHQWDEUDVLYHFOHDQHUSRZGHUVRDS2$FOHDQHUFDUZD[JODVVFOHDQHUHWF


$%2873/$60$',63/$<3$1(/
,PDJH5HWHQWLRQRI3ODVPD'LVSOD\
7KHSODVPDGLVSOD\KDVRQHRIFKDUDFWHULVWLFVWKDWUHVXOWVLQSDQHOLPDJHUHWHQWLRQGHSHQGLQJRQKRZWKHSODVPDGLVSOD\
LVXVHG7KHIROORZLQJDUHWKHFRPPRQUHDVRQVIRUDQGHIIHFWLYHSUHYHQWLYHPHDVXUHVDJDLQVWWKHLPDJHUHWHQWLRQ
&KDUDFWHULVWLFVRI,PDJH5HWHQWLRQ
,PDJHUHWHQWLRQLVFDXVHGE\SDUWLDOGHJUDGLQJWKHSKRVSKRUGXH
WRWKHSDUWLDOGLVSOD\RIFKDUDFWHUDQG¿JXUH
 )RUH[DPSOHZKHQWKHFKDUDFWHUVDVVKRZQLQ)LJ$DUHGLVSOD\HG
FRQWLQXRXVO\IRUDORQJSHULRGRIWLPHRQO\WKHSKRVSKRUV5HG*UHHQ
%OXHGLVSOD\LQJWKHFKDUDFWHUVDUHGHJUDGHG&RQVHTXHQWO\ZKHQ
GLVSOD\LQJDQDOOZKLWHLPDJHRQWKHHQWLUHVFUHHQDVVKRZQLQ)LJ
DWKHPDUNVUHPDLQLQJE\WKHFKDUDFWHUVZLOOVKRZFRORUGLIIHUHQFHV
WKHUHIRUHQRWHWKDWLWLVQRWEXUQWUHPDLQVRIWKHSKRVSKRUV
7KHGHJUHHRILPDJHUHWHQWLRQLVSURSRUWLRQDOWRWKH%ULJKWQHVV
DQG'LVSOD\7LPHIRUWKHFKDUDFWHUVDQGRU¿JXUHV
7KHEULJKWHUWKHFKDUDFWHUVDQG¿JXUHWKHPRUHSKRVSKRULV
GHJUDGHG$VVKRZQLQ)LJ%LQFDVHRIGLVSOD\LQJLPDJHVWKDW
KDYHGLIIHUHQWEULJKWQHVVHDFKIRUDORQJWLPH)LJEVKRZVWKDW
WKHEULJKWHUWKHLPDJHWKHPRUHLWWHQGVWRUHPDLQ
7KHLOOXVWUDWLRQVDUHLPDJHVWRH[SODLQLPDJHUHWHQWLRQ7KHDFWXDOPDQQHUVRQWKHLPDJHUHWHQWLRQYDU\GHSHQGLQJ
RQVXFKFRQGLWLRQVDVRSHUDWLRQWLPHDQGEULJKWQHVV
0HWKRGWR5HGXFH,PDJH5HWHQWLRQ
8VH³6FUHHQ:LSH´IXQFWLRQRQWKHGLVSOD\ZKLFKDUHDYDLODEOHIURP)XQFWLRQ0HQX5HIHUWR  
 $IWHUGLVSOD\LQJFHUWDLQLPDJHVVXFKDVVWLOOLPDJHIRUDORQJWLPH³6FUHHQ:LSH´FDQEHXVHGWRUHGXFHWKHLPDJH
UHWHQWLRQE\GLVSOD\LQJDFRPSOHWHO\ZKLWHVFUHHQIRUDERXWaKRXUV
8VHLQFRPELQDWLRQZLWKPRYLQJLPDJHV
 6LQFHWKHHQWLUHVFUHHQKDVUHODWLYHO\HYHQGHJUDGDWLRQRIWKHSKRVSKRULQPRYLQJLPDJHVLWFDQUHGXFHWKHSDUWLDO
LPDJHUHWHQWLRQ:HUHFRPPHQGWRXVHWRJHWKHUZLWKVXFKPRYLQJLPDJHVDV'9'
 3OHDVHEHFDUHIXOWKDWOHDYLQJWKHLPDJHVLQIUHH]HPRGHIRUDORQJSHULRGRIWLPHFDQFDXVHLPDJHUHWHQWLRQ
 6RPHWHOHYLVLRQEURDGFDVWVFRQWDLQLPDJHVRIZKLFKFXWWKHOHIWULJKWRUWRSERWWRPDQGLQZKLFKEURDGFDVWVWDWLRQ
LGHQWLW\RUDFORFNLVGLVSOD\HGIRUDORQJWLPHDWWKHVDPHSRVLWLRQ3OHDVHEHDZDUHWKDWLWPD\FDXVHLPDJHUHWHQWLRQ
&RPPRQ&KDUDFWHULVWLFVRI3ODVPD'LVSOD\3DQHOV
7KHIROORZLQJDUHWKHFRPPRQFKDUDFWHULVWLFVRI3ODVPD'LVSOD\3DQHOVGXHWRVWUXFWXUDOUHDVRQV3OHDVHQRWHWKDW
WKH\DUHQRWPDOIXQFWLRQV
5HVLGXDOLPDJH
:KHQDVWLOOLPDJHRUPHQXLVGLVSOD\HGRQWKHVFUHHQIRUDVKRUWWLPHDERXWDPLQXWHDQGWKHQVZLWFKHVWRDQRWKHU
LPDJHLWPD\OHDYHDQ³DIWHULPDJH´RQWKHVFUHHQ
7KHUHVLGXDOLPDJHZLOOGLVDSSHDURQLWVRZQ
6XUIDFHRQ3DQHO
7KHSODVPDSDQHOGLVSOD\VLPDJHVE\JHQHUDWLQJGLVFKDUJHVLQWHUQDOO\7KLVFRXOGUDLVHWKHWHPSHUDWXUHRIWKHGLVSOD\VXUIDFH
,QDGGLWLRQGRQRWDOORZDQ\IRUFHIXOLPSDFWWRWKHVXUIDFHRISDQHOEHFDXVHSODVPDSDQHOLV¿QHSURFHVVLQJJODVV
HYHQWKRXJKWKHSDQHOVWUHQJWKHQVE\WKHIURQW¿OWHUPDGHRIWHPSHUHGJODVV
'HIHFWLYH3L[HOVRQ3DQHO
7KHSODVPDGLVSOD\SDQHOLVPDQXIDFWXUHGZLWKKLJKSUHFLVLRQWHFKQRORJ\+RZHYHUWKHUHPLJKWEHVRPHSL[HOVWKDW
GRQRWOLJKWDUHEULJKWHUWKDQWKHRWKHUVRULQGLIIHUHQWFRORUVHWF
>)LJ%@ >)LJE@
>)LJ$@ >)LJD@


3''7$
)($785(6
(QMR\QRWRQO\EHDXWLIXODQGKLJKTXDOLW\SLFWXUHVRQWKHGLVSOD\EXWDOVRYDULRXVNLQGVRIXVHIXODQGFRQYHQLHQW
IXQFWLRQVLQ\RXUGDLO\OLIH
/DUJHVFUHHQDQGKLJKGH¿QLWLRQSODVPDGLVSOD\
(QMR\KLJKUHVROXWLRQGLVSOD\ZLWK+[9SL[HOV
,PSURYHG'LJLWDOVLJQDOSURFHVVRU
+LJKTXDOLW\VRXQGZLWKGHHSHUULFKHUDQGG\QDPLFEDVVWRQHV
$FFHSWPRUHGLJLWDOLQSXWGHYLFHVZLWK+'0,WHUPLQDOV
*UHDWGLYHUVLW\RIFRQQHFWLQJWHUPLQDOVWRFRYHUZLGHUDQJHRIDXGLRYLVXDOHTXLSPHQWV
(QMR\WKHLPDJHIURP3&ZLWKODUJHKLJKGH¿QLWLRQ3ODVPDVFUHHQ
(DV\WRXVH2Q6FUHHQ'LVSOD\V\VWHPRSHUDWLQJZLWK5HPRWHFRQWURO
/RZSRZHUFRQVXPSWLRQZLWK3RZHU6DYLQJIHDWXUH
6833/,('$&&(6625,(6
&KHFNWKHVXSSOLHGDFFHVVRULHVEHIRUHLQVWDOODWLRQ
,QFDVHRIPLVVLQJRUGDPDJHGSOHDVHFRQWDFWWKHGHDOHULPPHGLDWHO\
7KHW\SHRISRZHUSOXJSURYLGHGPD\EHGLIIHUHQWIURPWKLVGUDZLQJ
237,21
$VN\RXUORFDOGHDOHUIRUIXUWKHUGHWDLOV
'HVNWRS6WDQG6'*
8VHU0DQXDO 5HPRWH&RQWURO $$VL]HEDWWHU\
;
3RZHU&RUG


&20321(171$0(6
0DLQ8QLW
)URQW3DQHO
5HDU3DQHO
&RQWURO3DQHOLQFOXGLQJIURQWLQSXW
.
.)URQW,QSXW$9
30HQX5HWXUQEXWWRQ
$,QSXW6HOHFW2.EXWWRQ
/9ROXPH'RZQŻEXWWRQ
19ROXPH8SŹEXWWRQ
4&KDQQHO'RZQźEXWWRQ
2&KDQQHO8SŸEXWWRQ
(6XE3RZHUEXWWRQ
&$87,21
'RQRWSODFH\RXU¿QJHUVLQWRWKH
JDSDWWKHRSHQHGGRRU,I\RXU
¿QJHUVDUHFDXJKWLQWKHIURQW
GRRU\RXPD\EHLQMXUHG
$3XVKWKHERWWRPFHQWHURI
WKHIURQWGRRUWRXQORFN
%/LIWLWXSIURPWKHXQGHUVLGH
RIWKHGRRU
3XVKKHUHWRRSHQWKHGRRU
%
 

 




3$/142(
.
3
$
/
124
(
.&DELQHW
33DQHO
$5HPRWH&RQWURO5HFHLYHU
/,QGLFDWLQJ/DPS
10DLQ3RZHU6ZLWFKRQWKHERWWRPVXUIDFH
4
&RQWURO3DQHODQG)URQW,QSXWVHHEHORZIRUGHWDLOV
2'HVNWRS6WDQGRSWLRQ
(6SHDNHU
/
$
.
3
.7HUPLQDO%RDUG([WHUQDO'HYLFH&RQQHFWLRQ
33RZHU&RUG6RFNHW
$+DQGJULSV
/0RWRU)DQ
3OHDVHUHIHUWR  a IRUWKHGHWDLOHGLQIRUPDWLRQ
IRUWKHFRQQHFWLRQV
$


3''7$
&20321(171$0(6&RQWLQXHG
5HPRWH&RQWURO
.6XE3RZHU
3)XQFWLRQ6HOHFW79'9'67%
 3UHVVWKLVEXWWRQWRVHOHFWIXQFWLRQPRGH
LQGLFDWLQJ/('ODPS
1RUPDOO\VHOHFW³
79´
$
,QSXW6HOHFW'9'&RQWURO
 3UHVVWKLVEXWWRQWRFKDQJHLQSXWPRGH
 ,QDGGLWLRQ\RXFDQXVHWKHVHEXWWRQVZKLOH
RSHUDWLQJWKHVHOHFWHGEUDQGRI'9'SOD\HU
/0HQX
1&XUVRU
42.
26RXQG0RGH
 6RXQGPRGHFDQEHFKDQJHGHDFKWLPHSUHVVHG
LQWKHIROORZLQJVHTXHQFH0RYLHĺ0XVLFĺ
6SHHFKĺ)DYRULWH
(&+,,,

7KLVLVH[FOXVLYHO\IRU79DXGLR$1,&$0PRGH
 $OVRSUHVVWKLVEXWWRQWRVHOHFW$XGLR/DQJXDJH
LQ'77PRGH
,9ROXPH8S'RZQ
"3URJUDP6HOHFW>3DJH6HOHFW@
 3UHVVWKHVHEXWWRQVWRVHOHFWD79SURJUDP
GLUHFWO\)RURUGLJLWVFKDQQHOVHOHFWLRQ
SUHVV EXWWRQLQDGYDQFH
5HIHUWR  IRUGHWDLOV
0)UHH]H>+ROG@
 3UHVVWKLVEXWWRQWRFKDQJHWKHSLFWXUHWRIUHH]H
PRGH3UHVVLWDJDLQWRUHWXUQWRQRUPDOSLFWXUH
 $OVRLWKROGVWKHSDJHLQWHOHWH[WPRGH
#&RORU>&RORU@
<HOORZ,WGLVSOD\VSURJUDPOLVWLQ'77PRGH
 %OXH,WGLVSOD\VIDYRULWHOLVWLQ'77PRGH
%*XLGH>,QGH[@
 ,WGLVSOD\V(3*VFUHHQLQ'77PRGH
&7LPH>&DQFHO@
 3UHVVWKLVEXWWRQWRGLVSOD\WKHWLPHZKHQ
UHFHLYLQJD79SURJUDP
7KHWLPHLVQRWGLVSOD\HGLIWKHVLJQDOUHFHLYHG
GRHVQRWKDYHDQ\WLPHLQIRUPDWLRQ
'797H[W>79Ù7H[W@
7KLVVZLWFKHVEHWZHHQWKH79PRGHDQGWKH
7HOHWH[WPRGH
)=RRP>7H[WÙ797H[W@
 3UHVVWKLVEXWWRQWRFKDQJHSLFWXUHVL]H
*5HFDOO
 3UHVVWKLVEXWWRQWRVKRZWKHLQSXWVLJQDOVWDWXV
+5HWXUQ

<RXFDQXVHWKLVWRUHWXUQWRWKHSUHYLRXVPHQX
3LFWXUH0RGH
 
3LFWXUHPRGHFDQEHFKDQJHGHDFKWLPHSUHVVHG
LQWKHIROORZLQJVHTXHQFH'\QDPLFĺ1DWXUDOĺ
&LQHPD
&KDQQHO8S'RZQ>3DJH6HOHFW@
0XWH
1RW$YDLODEOH
>5HYHDO@
>6XEWLWOH@
 
,WGLVSOD\VVXEWLWOHLQERWK79DQG'77PRGH
1RW$YDLODEOH
 1RW$YDLODEOH

6RPHEXWWRQVDUHRQO\IRU7HOHWH[WPRGHDQGRWKHUEXWWRQVKDYHGLIIHUHQWIXQFWLRQVLQ7HOHWH[WPRGHIURP
WKHXVHRI79PRGH7KRVHEXWWRQVDUHLQGLFDWHGE\>@5HIHUWR$QDORJ7HOHWH[WRQ  
.
3
$
/
1
4
2
(
,
"
0
#
&
'
)
%
*
+










&DXWLRQ:KHQ0RYLQJWKH0DLQ8QLW
$VWKLVSURGXFWLVKHDY\ZKHQHYHULWLVPRYHGWZRSHRSOHDUHUHTXLUHGWRWUDQVSRUWLWVDIHO\
:KHQWUDQVIHUULQJWKHXQLWKROGWKHXQLWE\XVLQJWKHKDQGJULSVDWWKHEDFNVLGHRIWKHSDQHO6HHWKH¿JXUHEHORZIRUGHWDLOV
35(3$5$7,21
5HPRWH&RQWURO%DWWHULHV,QVWDOODWLRQ
7KLVUHPRWHFRQWURORSHUDWHVRQ³$$´EDWWHULHV
2SHQWKHEDWWHU\FRPSDUWPHQWFRYHU
6OLGHRSHQWKHEDWWHU\
FRPSDUWPHQWFRYHURQWKH
EDFNVLGHRIWKHUHPRWHFRQWUROLQ
WKHGLUHFWLRQRIDQDUURZ
,QVWDOOWKHEDWWHULHV
,QVWDOO³$$´EDWWHULHVLQFOXGHGPDNLQJ
VXUHWKHSRODULWLHVPDWFKWKHLQGLFDWLRQ
LQVLGHWKHFRPSDUWPHQW
&ORVHWKHEDWWHU\FRPSDUWPHQWFRYHU
7RFORVHWKHEDWWHU\FRPSDUWPHQW
FRYHUVOLGHWKHFRYHULQWKH
GLUHFWLRQRIDQDUURZWLOOLWFOLFNV
VKXW
&$87,21
,WFRXOGFDXVHFRUURVLRQRUEDWWHU\OHDNDJHDQGPD\UHVXOWLQSK\VLFDOLQMXU\
DQGRUSURSHUW\GDPDJHLQFOXGLQJÀUH
1HYHUPL[XVHGDQGQHZEDWWHULHVLQWKHGHYLFH
5HSODFHDOOWKHEDWWHULHVLQDGHYLFHDWWKHVDPHWLPH
5HPRYHWKHEDWWHULHVLIWKHUHPRWHFRQWUROLVQRWJRLQJWREHXVHGIRUDQH[WHQGHGSHULRGRIWLPH
7RDYRLGSRVVLEOHIDLOXUHUHDGWKHIROORZLQJLQVWUXFWLRQVDQGKDQGOHWKH
UHPRWHFRQWUROSURSHUO\
'RQRWGURSRUFDXVHLPSDFWWRWKHUHPRWHFRQWURO
'RQRWVSLOOZDWHURUDQ\OLTXLGRQWKHUHPRWHFRQWURO
'RQRWSODFHWKHUHPRWHFRQWURORQDZHWREMHFW
'RQRWSODFHWKHUHPRWHFRQWUROXQGHUWKHGLUHFWVXQOLJKWRUQHDUVRXUFHVRIH[FHVVLYHKHDW
8VHWKHUHPRWHFRQWUROZLWKLQDERXWPIURP
IURQWRIWKHXQLW¶VUHPRWHFRQWUROVHQVRUDQG
ZLWKLQGHJUHHVRQERWKVLGHV
+DQGOLQJWKH5HPRWH&RQWURO







+DQGJULSV


3''7$
35(3$5$7,21FRQWLQXHG
6DIHW\3UHFDXWLRQRQ0DLQ8QLW,QVWDOODWLRQ
5HDG6$)(7<35(&$87,216 WR FDUHIXOO\EHVLGHVWKLVSDJH
:KHQLQVWDOOLQJWKHXQLWXVHWKHRSWLRQDO'HVNWRS6WDQG6'*3OHDVHUHIHUWRWKHXVHUPDQXDORIWKHVWDQG
7KH'HVNWRS6WDQG2SWLRQKDVEHHQXVHGIRUWKHLOOXVWUDWLRQLQWKLVPDQXDO
$QWL7XPEOH0HDVXUHV
,QVWDOOLQDVWDEOHSODFHDQGLPSOHPHQWVDIHW\PHDVXUHDJDLQVWRYHUWXUQLQJ
:KHQLQVWDOOLQJWKHPDLQXQLWEHVXUHWRXVHWKHVSHFL¿HGPRXQWXQLWVLQRUGHUWRREWDLQPD[LPXPSHUIRUPDQFH
DQGPDLQWDLQWKHVDIHW\
:HDVVXPHQRUHVSRQVLELOLW\RUOLDELOLW\IRUSHUVRQDOLQMXULHVRUSURSHUW\GDPDJHVFDXVHGE\XVHRIRWKHUPRXQW
XQLWVRULPSURSHULQVWDOODWLRQ
$VIRUWKHLQVWDOODWLRQLQVWUXFWLRQSOHDVHUHDGHDFKXVHUPDQXDORIWKHPRXQWXQLWVIRU'HVNWRS6HWXS:DOO
0RXQWLQJDQG&HLOLQJ0RXQWLQJ
,QFDVHRIXVLQJ:DOORU&HLOLQJ0RXQWLQJXQLWE\FRQWDFWLQJ\RXUORFDOGHDOHUDVNWKHVSHFL¿HGLQVWDOODWLRQ
VSHFLDOLVWWRVHWXS1HYHUDWWHPSWWRLQVWDOOLWE\\RXUVHOI,WFRXOGFDXVHLQMXULHVRUGDPDJHV
3OHDVHOHDYHWKHDGHTXDWHVSDFHDURXQGWKLVXQLWLQRUGHU
WRDYRLGLQFUHDVLQJWKHLQWHUQDOWHPSHUDWXUHDQGNHHS
VDIHW\
0DNHVXUHQRWWREORFNDQ\YHQWLODWLRQKROHV
'RQRWLQVWDOOWKHXQLWLQWKHVPDOOVSDFHVXFKDVLQVLGH
WKHUDFNFORVHWRUWKHER[
/HDYHPRUHWKDQFPRIFOHDUDQFHIURPHDFKVLGHRI
XQLWDQGFPIURPWKHWRSRIXQLWWRZDOO
/HDYHDWOHDVWFPRIFOHDUDQFHEHKLQGUHDUXQLW
6HFXULQJWRDZDOORUSLOODU
8VLQJDFRPPHUFLDOO\DYDLODEOHFRUGFKDLQDQGFODPS
VHFXUHWKHVHWWRDZDOORUSLOODU
6HFXULQJWRFHLOLQJ
8VLQJDFRPPHUFLDOO\DYDLODEOHFRUGFKDLQDQGFODPSVHFXUHWKHVHWWRDFHLOLQJ

)RUPRUHLQIRUPDWLRQUHJDUGLQJWKHPRXQWLQJRIWKHXQLWSOHDVHFRQWDFW\RXUGHDOHU
3OHDVHLQVWDOOWKHXQLWDWDSURSHUDUHDZKHUHLWGRHVQRWH[SRVHDQ\RQHWRWKHGDQJHURIKLWWLQJWKHPVHOYHVIRU
H[DPSOHWKHLUKDQGVKHDGRUIDFHHWFDJDLQVWWKHHGJHRIWKHXQLWDQGFDXVHSHUVRQDOLQMXU\
FPRUPRUH


&RUG
RU
FKDLQ
&ODPS






KRRN
FRUGRUFKDLQ
VFUHZ
FRUGRUFKDLQ
FODPS
:DOORU3LOODU


&211(&7,21
7HUPLQDO3RVLWLRQV
5HDU
.3RZHU&RUG6RFNHW
3$HULDO6RFNHW
$$9
/$9
1$9
40RQLWRU2XWDQG6XE:RRIHU
2
3&5*%+'0,$QDORJ$XGLR,QSXW 
6HH


(6HUYLFH8VHRQO\
,6HUYLFH8VHRQO\
"3&&RQQHFWLRQ7HUPLQDO
'VXE3LQ
0+'0,DQG+'0,
)URQW
#$9
%+HDGSKRQH7HUPLQDO
&RQQHFWLQJ3URFHGXUH
7KLVXQLWLVUHDG\IRUYDULRXVNLQGVRIFRQQHFWLRQV0DNHDFRQQHFWLRQLQWKHIROORZLQJVWHSV%HVXUHWRWXUQRIIWKH
0DLQ3RZHU¿UVWZKHQFRQQHFWLQJH[WHUQDOHTXLSPHQWV
&RQQHFW3RZHU&RUGWRWKHUHDUSDQHO
&RQQHFW$HULDO/HDG
&RQQHFW\RXUH[WHUQDOHTXLSPHQWVWRWKHXQLWLIDQ\
&RQQHFWWKH3RZHU3OXJWRWKH:DOO6RFNHW
&RQQHFWLQJ3RZHU&RUGWRWKH5HDU3DQHO
&RQQHFW3RZHU&RUGWRWKHXQLW
0DNHVXUHQRWWRFRQQHFWWKH3RZHU3OXJWRWKH:DOO6RFNHW
XQWLODOOFRQQHFWLRQVDUHFRPSOHWHG
&RQQHFWLQJ$HULDO/HDG
7KHUHDUHWZRZD\VWRFRQQHFW$HULDO/HDG
.:KHQ\RXGRQRWKDYHDQ\RWKHUH[WHUQDOHTXLSPHQW
&RQQHFWWKH$HULDO/HDGGLUHFWO\LQWRWKH6RFNHWDWUHDUSDQHO
3:KHQ\RXKDYHRQHRUPRUHH[WHUQDOGHYLFHVWRFRQQHFW
8VH5)FDEOHWRFRQQHFWEHWZHHQHDFKHTXLSPHQWDQG
$QWHQQD
&RQQHFWWKH$HULDO/HDGWRDQHTXLSPHQWµ,Q¶6RFNHW
PDUNHG
&RQQHFWWKH5)FDEOHIURPWKHHTXLSPHQWµ2XW¶WRWKHRWKHUHTXLSPHQWµ,Q¶
7KHQFRQQHFWIURPWKHHTXLSPHQWµ2XW¶WR³$17´RQWKHSODVPDVFUHHQ6RFNHWRQPDUNHG
>([DPSOH&RQQHFWLQJ$QWHQQD
WKURXJK67%DQG9&5@
3UHFDXWLRQVZKHQFRQQHFWLQJWKHDHULDO
3OHDVHXVHDFRD[LDOFDEOHZKLFKLVIUHHIURPLQWHUIHUHQFHWRFRQQHFWWKHDHULDO$YRLGXVLQJDSDUDOOHOÀDWIHHGHU
ZLUHDVLQWHUIHUHQFHPD\RFFXUFDXVLQJUHFHSWLRQWREHXQVWDEOHDQGVWULSHQRLVHWRDSSHDURQWKHVFUHHQ
$YRLGXVLQJLQGRRUDHULDODVWKLVPD\EHDIIHFWHGE\LQWHUIHUHQFH3OHDVHXVH&$79QHWRURXWGRRUDHULDO
)RUVDIHW\LQVWDOODQH[WHUQDODHULDOFRQIRUPLQJWR$6
,IQRLVHDSSHDUVLQWKHSLFWXUHRI9+)/RZEDQGFKDQQHOSOHDVHXVHDGRXEOHVKLHOGHGFDEOHQRWSURYLGHGIRU
5)/($'6WRUHGXFHWKHQRLVH
.
3
$/142
(
,
0
"
(#%,/%$"2-1,$,#1,$%.!,$
!,$/2+"-*!.%.%'(/0%.%$0.!$%+!.)/-&-1,$,#
!,$/2+"-*!.%0.!$%+!.)/-&!"/,#












 

 





   













"  " 
 




!

 






#%








3''7$
&211(&7,21FRQWLQXHG
&RQQHFWLQJ3URFHGXUHFRQWLQXHG
&RQQHFWLQJWR([WHUQDO(TXLSPHQW
7HUPLQDOVRQ5HDU
$ 9DQG$9 FDQEHFRQQHFWHGWRWKHHTXLSPHQWZLWKHLWKHU&RPSRQHQWRU&RPSRVLWHRXWSXW'HSHQGLQJRQZKHWKHUWKH
<9,'(2LQSXWRI\RXUVHOHFWHGHTXLSPHQWLV<VLJQDORU9LGHRVLJQDOLWDXWRPDWLFDOO\UHJDUGVDV&RPSRQHQWRU&RPSRVLWH
:KHQXVLQJDV&RPSRVLWHGRQRWLQVHUWWKHMDFNVLQWR3%RU35
 ,I\RXUH[WHUQDOGHYLFHKDVD&RPSRQHQWWHUPLQDO&20321(17FRQQHFWLRQLVUHFRPPHQGHGIRUKLJKHUTXDOLW\SLFWXUH
$9FDQEHFRQQHFWHGWRWKHHTXLSPHQWZLWKDQ69LGHRRXWSXWDQG&RPSRVLWHRXWSXW
,I\RXUH[WHUQDOGHYLFHKDVD6YLGHRWHUPLQDO69,'(2FRQQHFWLRQLVUHFRPPHQGHGIRUKLJKHUTXDOLW\SLFWXUH
,IERWK6YLGHRDQGYLGHRLQSXWWHUPLQDOVRI$9DUHFRQQHFWHGDWWKHVDPHWLPH6YLGHRZLOOKDYHLWVSULRULW\
0RQLWRU2XWFDQEHXVHGWRGLVSOD\VDPHLPDJHDVPDLQXQLWRQDQRWKHUPRQLWRU
:KHQWKLVRXWSXWWHUPLQDOLVFRQQHFWHGWRDQH[WHUQDOPRQLWRUZLWKD2KPWHUPLQDOWKHVDPHLPDJHIURP
FRPSRVLWH$9a69LGHR$9RU5)LQFOXGLQJ'77VLJQDOFDQEHGLVSOD\HGWRWKHH[WHUQDOPRQLWRU

9LGHRRXWSXWLVQRWDYDLODEOHIURPFRPSRQHQW5*%RU+'0,LQSXW
$XGLRRXWSXWLVQRWDYDLODEOHZKHQ+'0,+'0,FDEOHLVFRQQHFWHG
6XE:RRIHUWHUPLQDOFDQEULQJWKHGHHSEDVVVRXQGIURPWKHH[WHUQDOVSHDNHU


 







>([DPSOH@
,1 287


 






>([DPSOH@
,1 287






>([DPSOH@
287 ,1
>([DPSOH@
287 ,1


RU





 






>([DPSOH@
,1 287
+'0,'9,
+'0,+'0,
>([DPSOH@
,1 287



RU
&211(&7,21FRQWLQXHG
&RQQHFWLQJ3URFHGXUHFRQWLQXHG
3&WHUPLQDO'VXESLQ3&5*%+'0,$QDORJ$XGLR,QSXWWHUPLQDODUHFRQQHFWHGWR3&ZKLFKDOORZV$QDORJ5*%VLJQDO
+'0,WHUPLQDOVFDQEHFRQQHFWHGWRWKHGHYLFHVZLWK+'0,RXWSXW
,IWKHH[WHUQDOGHYLFHKDV'9,RXWSXWWKLVFDQEHDYDLODEOHZLWK+'0,'9,FDEOH,QFDVHRIXVLQJWKH+'0,'9,FDEOHFRQQHFWDQDORJ
DXGLRVLJQDOWR3&5*%+'0,$QDORJ$XGLR,QSXWWHUPLQDO
,QIRUPDWLRQ
+'0,+LJK'H¿QLWLRQ0XOWLPHGLD,QWHUIDFHLVQH[WJHQHUDWLRQPXOWLPHGLD,2LQWHUIDFH2QO\RQHFDEOHLVXVHGWR
WUDQVPLWDOOYLGHRDXGLRFRQWUROVLJQDOVZKLFKFUHDWHVHDV\FRQQHFWLRQ
0RUHRYHUWKRVHGLJLWDOVLJQDOVFDQSURGXFHKLJKTXDOLW\GDWDZLWKRXWDQ\GHJUDGDWLRQ
<RXDUHSURYLGHGZLWKWZR+'0,WHUPLQDOVRQHRIWKHPRVWUHPDUNDEOHIHDWXUHV
 ,I\RXUH[WHUQDOGHYLFHKDVD+'0,WHUPLQDO+'0,FRQQHFWLRQLVUHFRPPHQGHGIRUKLJKHUTXDOLW\SLFWXUHDQGVRXQG

3&5*%+'0,DQDORJDXGLRLQSXWWHUPLQDO
7KLVWHUPLQDOFDQEHXVHGLQRQHRIWKHIROORZLQJFDVHVRQO\
.7KHH[WHUQDOGHYLFHLVFRQQHFWHGWRWKH3&5*%WHUPLQDO
RIWKH79
37KH'9,RXWSXWRIDQH[WHUQDOGHYLFHLVFRQQHFWHGWRWKH
+'0,WHUPLQDOXVLQJWKH+'0,'9,FDEOH
$7KH'9,RXWSXWRIDQH[WHUQDOGHYLFHLVFRQQHFWHGWRWKH
+'0,WHUPLQDOXVLQJWKH+'0,'9,FDEOH
0DNHVXUHWKDWWKHYLGHRDQGDXGLRWHUPLQDOVDUHFRQQHFWHG
WRWKHVDPHH[WHUQDOGHYLFH
$ERXWWKHRXWSXWIRUPDWRIDQH[WHUQDOGHYLFHUHIHUWR
5HFRPPHQGHG6LJQDO/LVWRQ 
(#%,/%$"2-1,$,#1,$%.!,$
!,$/2+"-*!.%.%'(/0%.%$0.!$%+!.)/-&-1,$,#
!,$/2+"-*!.%0.!$%+!.)/-&!"/,#












 

 



















"  " 
 




!

3&5*%7HUPLQDO
+'0,7HUPLQDO
+'0,7HUPLQDO
3&5*%+'0,$QDORJ$XGLR
,QSXW7HUPLQDO


3''7$
&211(&7,21FRQWLQXHG
&RQQHFWLQJ3URFHGXUHFRQWLQXHG
7HUPLQDOVRQ)URQW
6LQFHWKHIROORZLQJWHUPLQDOVDUHORFDWHGRQWKHIURQWLWLVYHU\FRQYHQLHQWWRFRQQHFWDQH[WUDGHYLFHRQDWHPSRUDU\
EDVLVDIWHUFRPSOHWLQJWKHFRQQHFWLRQVRQWKHUHDUSDQHO
$9FDQEHFRQQHFWHGWRWKHHTXLSPHQWZLWK69LGHRRXWSXWDQGFRPSRVLWHRXWSXW
,I\RXUH[WHUQDOGHYLFHKDV6YLGHRWHUPLQDO69,'(2FRQQHFWLRQLVUHFRPPHQGHGIRUKLJKHUTXDOLW\SLFWXUH

,IERWK6YLGHRDQGYLGHRLQSXWWHUPLQDOVRI$9DUHFRQQHFWHGDWWKHVDPHWLPH6YLGHRZLOOKDYHLWVSULRULW\
+HDGSKRQH7KHGHWDLOVHWWLQJVFDQEHDGMXVWHGIURP$XGLR0HQXRQSDJH 
7KHDXGLRIURPWKHVSHDNHUZLOOEHPXWHGZKHQFRQQHFWLQJWKHKHDGSKRQHWRWKLVWHUPLQDO



!!





0LQL6WHUHRSOXJ
>([DPSOH@
,1
287


&211(&7,21FRQWLQXHG
&RQQHFWLQJ3URFHGXUHFRQWLQXHG
&RQQHFWLQJWKHSOXJLQWRWKHZDOOVRFNHW
&RQQHFWWKH3RZHU&RUGDIWHUFRPSOHWLQJDOORWKHUFRQQHFWLRQV
7KHW\SHRISOXJLVGLIIHUHQWIURPWKLVGUDZLQJ
&$87,21
8VHRQO\WKH3RZHU&RUGSURYLGHG
 'RQRWXVHDSRZHUVXSSO\YROWDJHRWKHUWKDQWKDWLQGLFDWHG$&9+],WPD\FDXVH¿UHRUHOHFWULFVKRFN
 )RUWKHSODVPDWHOHYLVLRQDWKUHHFRUHSRZHUFRUGZLWKDJURXQGWHUPLQDOLVXVHGIRUHI¿FLHQF\SURWHFWLRQ$OZD\VEH
VXUHWRFRQQHFWWKH
3RZHU&RUG WRDWKUHHSURQJHGJURXQGHGRXWOHWDQGPDNHVXUHWKDWWKHFRUGLVSURSHUO\JURXQGHG
,I\RXXVHDSRZHUVRXUFHFRQYHUWHUSOXJXVHDQRXWOHWZLWKDJURXQGWHUPLQDODQGVFUHZGRZQWKHJURXQGOLQH
(QVXUHWKDWERWKHQGVRISRZHUFRUGDUHHDVLO\DFFHVVLEOH
 ,I\RXKDYHWRFKDQJHWKHSRZHUFRUGSOHDVHXVHWKHFHUWL¿HGSRZHUFRUGWKDWPHHWV\RXUUHJLRQ¶VVDIHW\VWDQGDUG
,QIRUPDWLRQ
+RZWRVHFXUHWKHFDEOHV
$IWHUFRQQHFWLQJDOORIWKHFDEOHVWRWKHWHUPLQDOVVHFXUHWKHPZLWKWKHFODPS
:KHQ\RXVHFXUHWKHFDEOHVSOHDVHEHFDUHIXOQRWWRWLJKWHQWRRPXFK
(#%,/%$"2-1,$,#1,$%.!,$
!,$/2+"-*!.%.%'(/0%.%$0.!$%+!.)/-&-1,$,#
!,$/2+"-*!.%0.!$%+!.)/-&!"/,#



















   













"  " 
 




!


:LWKODUJHFODPS
+RZWRFODPS
7RVHW
7RXQIDVWHQ
6HWWKHFODPSLQWKH
GLUHFWLRQRIWKHDUURZ
/RRVHQWKHKRRNDQG
SXOOLQWKHGLUHFWLRQRI
WKHDUURZ
+RRN


3''7$
%$6,&23(5$7,21
3RZHU2Q2II
1RZWXUQ2QWKHPDLQSRZHUWRWKHXQLW0DNHVXUHWKDWWKH3RZHU&RUG
KDVSOXJJHGLQWRWKHZDOOVRFNHW
7RWXUQ2QWKHSRZHURIWKHXQLW
3UHVVWKH0DLQ3RZHUVZLWFKRQWKHXQLW
7KH,QGLFDWLQJ/DPSZLOOLOOXPLQDWHVLQ5HG6WDQGE\PRGH
3UHVV6XE3RZHUEXWWRQHLWKHURQWKHFRQWUROSDQHORURQWKHUHPRWHFRQWURO
7KHFRORURIWKH,QGLFDWLQJ/DPSWXUQVLQWR*UHHQDQGWKHLPDJHZLOO
GLVSOD\RQWKHVFUHHQ
7RWXUQ2IIWKHSRZHURIWKHXQLW
3UHVV6XE3RZHUEXWWRQHLWKHURQWKHFRQWUROSDQHORURQWKHUHPRWHFRQWURO
7KHLPDJHGLVDSSHDUVIURPWKHVFUHHQDQGWKH,QGLFDWLQJ/DPSWXUQV
LQWR5HG6WDQGE\PRGH
3UHVV0DLQ3RZHUVZLWFKWRFRPSOHWHO\WXUQ2IIWKHSRZHURIWKHXQLW
7KH,QGLFDWLQJ/DPS6WDWXV&KHFN
,QGLFDWLQJ/DPS
6WDWXV 3RZHU6WDWXV 3RZHU6ZLWFK6WDWXV
2II 2II 0DLQSRZHUĺ2II
5HG 6WDQGE\PRGH 0DLQSRZHUĺ2Q
6XE3RZHUEXWWRQĺ2II
*UHHQ 2Q 0DLQSRZHUĺ2Q
6XESRZHUEXWWRQĺ2Q
2UDQJH 3RZHU6DYHPRGH0DLQSRZHUĺ2Q
6XE3RZHUEXWWRQĺ2Q

$ERXW3RZHU6DYHPRGHVHH³3RZHU6DYH0RGH´DQG³:KHQ)ROORZLQJ0HVVDJHV$SSHDURQWKH6FUHHQ´RQ 
DQG IRUGHWDLOV

,IWKHLPDJHGRHVQRWDSSHDURQWKHVFUHHQDWDOORUKDYHDQ\SUREOHPVHH7528%/(6+227,1*RQ a ,W
PD\KHOS\RXWRVROYHWKHSUREOHPV
<RXFDQWXUQ21WKHSRZHURQO\E\SUHVVLQJWKH6XE3RZHUEXWWRQGXULQJWKH6WDQGE\PRGH
'RQRWVZLWFKWKHSRZHU2Q2IIUHSHDWHGO\LQDVKRUWSHULRGRIWLPH,WFRXOGFDXVHPDOIXQFWLRQ
7RDYRLGVXGGHQVXUJHVRIHOHFWULFLW\ZKHQWKHSRZHUFRPHVEDFNRQWXUQ2IIWKHPDLQSRZHURIWKHXQLWEHIRUH\RX
OHDYHLIWKHUHLVDSRZHUFXWGXULQJXVHRIWKHXQLW
6XE3RZHUEXWWRQ
6XE3RZHUEXWWRQ



0DLQ3RZHUVZLWFKRQWKHERWWRPVXUIDFH


%$6,&23(5$7,21FRQWLQXHG
)LUVW7LPH6HWXS
:KHQ\RXWXUQ21WKH79IRUWKH¿UVWWLPHDPHVVDJHVKRZVXSWROHDGWRWKH'77
FKDQQHOLQVWDOODWLRQ
7KHPHVVDJH³'DWDEDVHLV(PSW\3UHVV0(18IRULQVWDOODWLRQ´DSSHDUV
3UHVV

EXWWRQWRDFFHVV'77PDLQPHQX
6HOHFW³,QVWDOODWLRQ´IURP'77PDLQPHQXDQGSUHVV EXWWRQ
7KHSDVVZRUGER[ZLOODSSHDUVDV³ºººº´DQGHQWHU³´DV\RXULQLWLDO
SDVVZRUG
6HOHFWRQHRIWKHVFDQQLQJPHWKRGIURP³0DQXDOVFDQ´³4XLFNVFDQ´RU³$XWR
VFDQ´


³4XLFNVFDQ´DQG³$XWRVFDQ´DUHHDVLHUPHWKRGVIRUWKH¿UVWWLPH
6HH IRUWKHGHWDLOV

8VHEXWWRQWRJREDFNDSUHYLRXVPHQXFRQGLWLRQDQGXVHEXWWRQWRUHWXUQ
WRWKH'77PDLQPHQX
9ROXPH83'2:1
7RLQFUHDVHWKHVRXQGYROXPHSUHVV EXWWRQRQWKHUHPRWHFRQWURO
RU9ROXPH8SEXWWRQRQWKHFRQWUROSDQHO
7KH9ROXPH,QGLFDWRUYDOXHRQWKHVFUHHQZLOOVKLIWULJKW
7RGHFUHDVHWKHVRXQGYROXPHSUHVVEXWWRQRQWKH
UHPRWHFRQWURORU9ROXPH'RZQEXWWRQRQWKHFRQWUROSDQHO
7KH9ROXPH,QGLFDWRUYDOXHRQWKHVFUHHQZLOOVKLIWOHIW
0XWH
7RPXWHWKHVRXQGSUHVV EXWWRQRQWKHUHPRWHFRQWURO
7KHVRXQGRIWKHXQLWLVWHPSRUDULO\WXUQHG2II
7KHFRORURIWKH9ROXPH,QGLFDWRUZLOOWXUQLQWRPDJHQWD
ZKLOHPXWLQJWKHYROXPH
7RWXUQWKHVRXQGEDFNSUHVVEXWWRQDJDLQRU9ROXPH8SEXWWRQRQ
HLWKHUUHPRWHFRQWURORUWKHFRQWUROSDQHO
7KHFRORURIWKH9ROXPH,QGLFDWRUZLOOWXUQEDFNWRJUHHQ

<RXFDQGHFUHDVHWKHYROXPHE\SUHVVLQJEXWWRQ
ZKLOHWKHVRXQGLVPXWHG
7KH9ROXPH,QGLFDWRU

9ROXPH8S'RZQ
EXWWRQ
 







   



 


 
 
'770DLQ0HQX!
9ROXPH8S'RZQEXWWRQ
0XWHEXWWRQ