)ROORZWKHVHVWHSVWRUHFRUGWKHLQSXWIURPRQHFDPHUD
7XUQRQWKHV\VWHPDQGWKH9&5
/RDGDEODQNYLGHRFDVVHWWHLQWRWKH9&5
0RVW9&5VKDYHHLWKHUDVHSDUDWHVZLWFKRUEXLOWLQ
HOHFWURQLFSURJUDPPLQJWROHW\RXVZLWFKEHWZHHQ
D79VRXUFHDVLQSXWRUDQRWKHUVRXUFHFRQQHFWHG
WRWKHDXGLRYLGHRMDFNV8VLQJWKHPHWKRG
DSSURSULDWHIRU\RXU9&5VHOHFWWKHVRXUFH
FRQQHFWHGWRWKHDXGLRYLGHRLQSXWMDFNV
,I\RXU9&5KDVQRSURYLVLRQIRUUHFRUGLQJD
VHSDUDWHH[WHUQDOVRXUFHVSHFLDODFFHVVRULHVDUH
DYDLODEOHDW\RXUORFDOVWRUH
6HOHFWWKHGHVLUHGUHFRUGLQJVSHHGDQGRWKHU
VHWWLQJVRQ\RXU9&5
%HJLQUHFRUGLQJ
5DGLR6KDFN&RUSRUDWLRQ
$OOULJKWVUHVHUYHG5DGLR6KDFNDQG
5DGLR6KDFNFRPDUHWUDGHPDUNV
XVHGE\5DGLR6KDFN&RUSRUDWLRQ
$
3ULQWHGLQ&KLQD
.HHSWKHPRQLWRUGU\,ILWJHWVZHWZLSHLW
GU\LPPHGLDWHO\8VHDQGVWRUHWKHPRQLWRU
RQO\LQQRUPDOWHPSHUDWXUHHQYLURQPHQWV
+DQGOHWKHPRQLWRUJHQWO\DQGFDUHIXOO\GR
QRWGURSLW.HHSWKHPRQLWRUDZD\IURP
GXVWDQGGLUW:LSHWKHPRQLWRUZLWKDGDPS
FORWKRFFDVLRQDOO\WRNHHSLWORRNLQJQHZ
0RGLI\LQJRUWDPSHULQJZLWKWKHPRQLWRU·V
LQWHUQDOFRPSRQHQWVFDQFDXVHD
PDOIXQFWLRQDQGLQYDOLGDWHLWVZDUUDQW\DQG
YRLG\RXU)&&DXWKRUL]DWLRQWRRSHUDWHLW,I
\RXUPRQLWRULVQRWSHUIRUPLQJDVLWVKRXOG
WDNHLWWR\RXUORFDOVWRUHIRUDVVLVWDQFH
7KLVHTXLSPHQWKDVEHHQWHVWHGDQGIRXQGWRFRPSO\ZLWKWKHOLPLWVIRU
D&ODVV%GLJLWDOGHYLFHSXUVXDQWWR3DUWRIWKH)&&5XOHV7KHVH
OLPLWVDUHGHVLJQHGWRSURYLGHUHDVRQDEOHSURWHFWLRQDJDLQVWKDUPIXO
LQWHUIHUHQFHLQDUHVLGHQWLDOLQVWDOODWLRQ7KLVHTXLSPHQWJHQHUDWHVXVHV
DQGFDQUDGLDWHUDGLRIUHTXHQF\HQHUJ\DQGLIQRWLQVWDOOHGDQGXVHGLQ
DFFRUGDQFHZLWKWKHLQVWUXFWLRQVPD\FDXVHKDUPIXOLQWHUIHUHQFHWRUDGLR
FRPPXQLFDWLRQV+RZHYHUWKHUHLVQRJXDUDQWHHWKDWLQWHUIHUHQFHZLOO
QRWRFFXULQDSDUWLFXODULQVWDOODWLRQ,IWKLVHTXLSPHQWGRHVFDXVHKDUPIXO
LQWHUIHUHQFHWRUDGLRRUWHOHYLVLRQUHFHSWLRQZKLFKFDQEHGHWHUPLQHGE\
WXUQLQJWKHHTXLSPHQWRIIDQGRQWKHXVHULVHQFRXUDJHGWRWU\WRFRUUHFW
WKHLQWHUIHUHQFHE\RQHRUPRUHRIWKHIROORZLQJPHDVXUHV
5HRULHQWRUUHORFDWHWKHUHFHLYLQJDQWHQQD
,QFUHDVHWKHVHSDUDWLRQEHWZHHQWKHHTXLSPHQWDQGUHFHLYHU
&RQQHFWWKHHTXLSPHQWLQWRDQRXWOHWRQDFLUFXLWGLIIHUHQWIURPWKDWWR
ZKLFKWKHUHFHLYHULVFRQQHFWHG
&RQVXOW\RXUORFDO5DGLR6KDFNVWRUHRUDQH[SHULHQFHGUDGLR79WHFKQLFLDQ
IRUKHOS
,I\RXFDQQRWHOLPLQDWHWKHLQWHUIHUHQFHWKH)&&UHTXLUHVWKDW\RXVWRS
XVLQJ\RXUSKRQH&KDQJHVRUPRGLÀFDWLRQVQRWH[SUHVVO\DSSURYHG
E\5DGLR6KDFNPD\FDXVHLQWHUIHUHQFHDQGYRLGWKHXVHU·VDXWKRULW\WR
RSHUDWHWKHHTXLSPHQW
7KLVGHYLFHFRPSOLHVZLWK3DUWRIWKH)&&5XOHV2SHUDWLRQLVVXEMHFW
WRWKHIROORZLQJWZRFRQGLWLRQV7KLVGHYLFHPD\QRWFDXVHKDUPIXO
LQWHUIHUHQFHDQG7KLVGHYLFHPXVWDFFHSWDQ\LQWHUIHUHQFHUHFHLYHG
LQFOXGLQJLQWHUIHUHQFHWKDWPD\FDXVHXQGHVLUHGRSHUDWLRQ
7KLVSURGXFWLVZDUUDQWHGE\5DGLR6KDFNDJDLQVWPDQXIDFWXULQJGHIHFWVLQPDWHULDO
DQGZRUNPDQVKLSXQGHUQRUPDOXVHIRUQLQHW\GD\VWKHGDWHRISXUFKDVHIURP
5DGLR6KDFNFRPSDQ\RZQHGVWRUHVDQGDXWKRUL]HG5DGLR6KDFNIUDQFKLVHHVDQGGHDOHUV
)RUFRPSOHWHZDUUDQW\GHWDLOVDQGH[FOXVLRQVFKHFNZLWK\RXUORFDO5DGLR6KDFNVWRUH
5DGLR6KDFN&XVWRPHU5HODWLRQV
5DGLR6KDFN&LUFOH)RUW:RUWK7;
8VHWKHFDEOHWKDWFRPHVZLWKWKHFDPHUD
WRPDNHWKHFRQQHFWLRQV)ROORZWKHVHVWHSV
WRFRQQHFWDEODFNDQGZKLWHVXUYHLOODQFH
FDPHUD
&RQQHFWWKHPLQL',1SOXJDWRQHHQGRIWKH
FDEOHVXSSOLHGZLWKWKHFDPHUDWRWKH&RU
&PLQL',1MDFNRQWKHUHDURIWKHPRQLWRU
&RQQHFWWKHRWKHUHQGRIWKHFDEOHLQWRWKH
PLQL',1MDFNRQWKHHQGRIWKHFDEOHIURP
WKHFDPHUD
3OXJWKHPRQLWRU·V$&SRZHUFRUGLQWRD
VWDQGDUG$&RXWOHW
<RXFDQFRQQHFWRQHPRUHFDPHUDWR9,1$
,1MDFNVIRUMXVWYLHZLQJOLVWHQLQJSURYLGHG
\RXGRQRWXVHWKHVHMDFNVWRFRQQHFWD9&5
8VHWKHLQFKDGDSWHUFDEOHVXSSOLHGZLWK
WKHFDPHUD&RQQHFW$XGLR2XWWRWKH$,1
MDFNDQG9LGHR2XWWRWKH9,1MDFNRQWKH
PRQLWRU
&RQQHFWWKHFDPHUD·VVXSSOLHG$&DGDSWHUWR
WKH'&,1EDUUHOMDFNRIWKHFDEOH
&RQQHFWWKH',1SOXJRQWKHRWKHUHQGRI
WKHFDEOHWRWKHFDPHUD·VIRRWFDEOHDQG
FRQQHFWWKHORQJFDEOHWRWKHFDEOHRQWKH
FDPHUD
<RXFDQDOVRXVHWKHVHMDFNVWRFRQQHFWRWKHU
W\SHVRIFDPHUDVLIWKHFDPHUDKDVYLGHR
DXGLRRXWSXWMDFN
,I\RXUPRQLWRULVQRWZRUNLQJDVLW
VKRXOGWKHVHVXJJHVWLRQVPLJKWKHOS\RX
HOLPLQDWHWKHSUREOHP,IWKHPRQLWRUVWLOO
GRHVQRWRSHUDWHSURSHUO\WDNHLWWR\RXU
ORFDO5DGLR6KDFNVWRUHIRUDVVLVWDQFH
1RSLFWXUHDSSHDUV
%HVXUHWKHPRQLWRU·VSRZHULVRQ
&KHFNWKHFRQQHFWLRQVEHWZHHQWKHFDPHUD
DQGWKHPRQLWRU%HVXUHDXGLRDQGYLGHR
FDEOHFRQQHFWLRQVDUHVHFXUH
$GMXVW&217
,PDJHLVQRWFOHDU
$GMXVW&217
$GMXVW%5,7
%HVXUHWKHVHOHFWHGFDPHUDLVQRWSRLQWHG
GLUHFWO\DWDOLJKWVRXUFH6HWWRUHFRUG
&KHFNWKHFRQQHFWLRQVEHWZHHQWKHFDPHUD
DQGWKHPRQLWRU
&DQQRWSOD\EDFNXVLQJWKHPRQLWRU
&KHFNWKHFDEOHFRQQHFWLRQV%HVXUHWKH
DXGLRDQGYLGHRFDEOHVDUHQRWUHYHUVHG
%HVXUHWKH9&5LVVHWWRSOD\
&DQQRWUHFRUGWRD9&5
&KHFNWKHFDEOHFRQQHFWLRQV%HVXUH7KH
DXGLRDQGYLGHRFDEOHVDUHQRWUHYHUVHG
%HVXUHWKH9&5LVVHWWRDXGLRYLGHRLQSXW
DQGLVVHWWRSOD\
3URGXFW µ%ODFNDQG:KLWH&KDQQHO
6XUYHLODQFH0RQLWRU
0RGHO
5HVSRQVLEOH3DUW\
5DGLR6KDFN
5DGLR6KDFN&LUFOH
)RUW:RUWK
7;
3KRQH
&$87,21725('8&(7+(5,6.2)(/(&75,&6+2&.'2127
5(029(7+(&29(525%$&.1286(56(5,&($%/(3$576,16,'(
5()(56(59,&,1*7248$/,),('3(56211(/
&$87,21
5,6.2)(/(&75,&6+2&.
'212723(1
3LFWXUH7XEH%:µGLDJRQDO
3RZHU6RXUFH9²9$&+]
796\VWHP176&
5HVROXWLRQ /3,
2SHUDWLQJ7HPSHUDWXUHWR)WR&
2SHUDWLQJ+XPLGLW\8QGHU5+
'LPHQVLRQV:+'[[LQFKHV
:HLJKW OEV
6SHFLÀFDWLRQVDUHW\SLFDOLQGLYLGXDOXQLWVPLJKW
YDU\6SHFLÀFDWLRQVDUHVXEMHFW
WRFKDQJHDQGLPSURYHPHQWZLWKRXW
DQ\QRWLFH
:$51,1*7RUHGXFHWKHULVNRIÀUHRUVKRFN
KD]DUGGRQRWH[SRVHWKLVSURGXFWWRUDLQRU
PRLVWXUH'RQRWLQVHUWDQ\PHWDOOLFREMHFWWKURXJK
YHQWLODWLRQJULOOHV
127(
7RYLHZDUHFRUGHGWDSHWKURXJKWKHPRQLWRU
IROORZWKHVHVWHSV
7XUQRQWKHPRQLWRUDQGWKH9&5
3UHVV9&5RQWKHPRQLWRUVIURQWSDQHO7KH
9&5LQGLFDWRUOLJKWV
%HJLQSOD\EDFNRQWKH9&5