COMPACT PROVER - Tecno Controles, CA

106
&203$&7 3529(5 AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA 12’4#6+0)#0&/#+06’0#0%’+05647%6+105 &#0+’./’#574’/’06#0&%10641.+0% #0’/’4510241%’55/#0#)’/’06%1/2#0; *1756106’:#5 2CTV0WODGT 4GXKUKQP# 5’26’/$’4

Transcript of COMPACT PROVER - Tecno Controles, CA

��&203$&7

��3529(5��� AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

12'4#6+0)�#0&�/#+06'0#0%'�+05647%6+105

&#0+'.�/'#574'/'06�#0&�%10641.��+0%�

#0�'/'4510�241%'55�/#0#)'/'06�%1/2#0;

*175610��6':#5

2CTV�0WODGT�����������

4GXKUKQP�#

5'26'/$'4�����

+/2146#06�+05647%6+105

&CPKGN�/GCUWTGOGPV�CPF�%QPVTQN��+PE��&CPKGN��FGUKIPU��OCPWHCEVWTGU�CPF�VGUVU�KVU�RTQFWEVU�VQ

OGGV� OCP[� PCVKQPCN� CPF� KPVGTPCVKQPCN� UVCPFCTFU�� $GECWUG� VJGUG� KPUVTWOGPVU� CTG� UQRJKUVKECVGF

VGEJPKECN�RTQFWEVU��[QW�OWUV�RTQRGTN[�KPUVCNN��WUG�CPF�OCKPVCKP�VJGO�VQ�GPUWTG�VJG[�EQPVKPWG�VQ

QRGTCVG�YKVJKP� VJGKT�PQTOCN� URGEKHKECVKQPU��6JG� HQNNQYKPI� KPUVTWEVKQPU�OWUV�DG�CFJGTGF� VQ�CPF

KPVGITCVGF�KPVQ�[QWT�UCHGV[�RTQITCO�YJGP�KPUVCNNKPI��WUKPI�CPF�OCKPVCKPKPI�&CPKGN�RTQFWEVU�

î 4GCF�CNN�KPUVTWEVKQPU�RTKQT�VQ�KPUVCNNKPI��QRGTCVKPI�CPF�UGTXKEKPI�VJG�RTQFWEV���+H�VJKU

KPUVTWEVKQP� OCPWCN� KU� PQV� VJG� EQTTGEV� OCPWCN�� ECNN� ��������������� CPF� VJG� TGSWGUVGF

OCPWCN�YKNN�DG�RTQXKFGF��5CXG�VJKU�KPUVTWEVKQP�OCPWCN�HQT�HWVWTG�TGHGTGPEG�

î +H�[QW�FQ�PQV�WPFGTUVCPF�CP[�QH�VJG�KPUVTWEVKQPU��EQPVCEV�[QWT�&CPKGN�TGRTGUGPVCVKXG�HQT

ENCTKHKECVKQP�

î (QNNQY�CNN�YCTPKPIU��ECWVKQPU�CPF�KPUVTWEVKQPU�OCTMGF�QP�CPF�UWRRNKGF�YKVJ�VJG�RTQFWEV�

î +PHQTO�CPF�GFWECVG�[QWT�RGTUQPPGN�KP�VJG�RTQRGT�KPUVCNNCVKQP��QRGTCVKQP�CPF�OCKPVGPCPEG

QH�VJG�RTQFWEV�

î +PUVCNN� [QWT� GSWKROGPV� CU� URGEKHKGF� KP� VJG� KPUVCNNCVKQP� KPUVTWEVKQPU� QH� VJG� CRRTQRTKCVG

KPUVTWEVKQP�OCPWCN�CPF�RGT�CRRNKECDNG�NQECN�CPF�PCVKQPCN�EQFGU��%QPPGEV�CNN�RTQFWEVU�VQ�VJG

RTQRGT�GNGEVTKECN�CPF�RTGUUWTG�UQWTEGU�

î 6Q�GPUWTG�RTQRGT�RGTHQTOCPEG��WUG�SWCNKHKGF�RGTUQPPGN�VQ�KPUVCNN��QRGTCVG��WRFCVG��RTQITCO

CPF�OCKPVCKP�VJG�RTQFWEV�

î 9JGP�TGRNCEGOGPV�RCTVU�CTG�TGSWKTGF��GPUWTG�VJCV�SWCNKHKGF�RGQRNG�WUG�TGRNCEGOGPV�RCTVU

URGEKHKGF�D[�VJG�OCPWHCEVWTGT��7PCWVJQTK\GF�RCTVU�CPF�RTQEGFWTGU�ECP�CHHGEV�VJG�RTQFWEVU

RGTHQTOCPEG�CPF�RNCEG�VJG�UCHG�QRGTCVKQP�QH�[QWT�RTQEGUU�CV�TKUM��.QQM�CNKMG�UWDUVKVWVKQPU

OC[�TGUWNV�KP�HKTG��GNGEVTKECN�JC\CTFU�QT�KORTQRGT�QRGTCVKQP�

î 'PUWTG�VJCV�CNN�GSWKROGPV�FQQTU�CTG�ENQUGF�CPF�RTQVGEVKXG�EQXGTU�CTG�KP�RNCEG��GZEGRV�YJGP

OCKPVGPCPEG�KU�DGKPI�RGTHQTOGF�D[�SWCNKHKGF�RGTUQPU��VQ�RTGXGPV�RGTUQPCN�KPLWT[�

î $/:$<6�5($'�$1'�)2//2:�7+(�&203$&7�3529(5�2:1(5¶6�0$18$/

$1'�$//�352'8&7�:$51,1*6�$1'�,16758&7,216�

'$0$*(�72�(/(&7521,&�&20321(176

3URSHU�KDQGOLQJ�SURFHGXUHV�PXVW�EH�REVHUYHG�GXULQJ�WKH�UHPRYDO��LQVWDOODWLRQ�RU�RWKHU

KDQGOLQJ�RI�LQWHUQDO�FLUFXLW�ERDUGV�RU�GHYLFHV�

)DLOXUH�WR�SURSHUO\�KDQGOH�WKH�LQVWUXPHQW�FDQ�GDPDJH�HOHFWURQLF�FRPSRQHQWV�WKDW�DUH

VXVFHSWLEOH�WR�VWDWLF�HOHFWULFLW\��

+DQGOLQJ�3URFHGXUH�

�� $OO�SRZHU�WR�WKH�XQLW�PXVW�EH�GLVFRQQHFWHG�

�� 3HUVRQQHO�PXVW� EH�JURXQGHG�� YLD� D�ZULVW� VWUDS�RU� RWKHU� VDIH�� VXLWDEOH�PHDQV�EHIRUH� DQ\

SULQWHG�FLUFXLW�FDUG�RU�RWKHU�LQWHUQDO�GHYLFH�LV�LQVWDOOHG��UHPRYHG�RU�DGMXVWHG�

�� 3ULQWHG�FLUFXLW�FDUGV�PXVW�EH�WUDQVSRUWHG�LQ�D�FRQGXFWLYH�EDJ�RU�RWKHU�FRQGXFWLYH�FRQWDLQHU�

%RDUGV�PXVW�QRW�EH�UHPRYHG�IURP�SURWHFWLYH�HQFORVXUH�XQWLO�LPPHGLDWHO\�EHIRUH�LQVWDOODWLRQ�

5HPRYHG�ERDUGV�PXVW�LPPHGLDWHO\�EH�SODFHG�LQ�D�SURWHFWLYH�FRQWDLQHU�IRU�WUDQVSRUW��VWRUDJH

RU�UHWXUQ�WR�WKH�IDFWRU\�

'$0$*(�72�(/(&7521,&�&20321(176

7KLV�LQVWUXPHQW�LV�QRW�XQLTXH�LQ�LWV�FRQWHQW�RI�(6'��HOHFWURVWDWLF�GLVFKDUJH��VHQVLWLYH

FRPSRQHQWV��0RVW�PRGHUQ�HOHFWURQLF�GHVLJQV�FRQWDLQ�FRPSRQHQWV�WKDW�XWLOL]H�PHWDO�R[LGH

WHFKQRORJ\��1026��&026��HWF���

6PDOO�DPRXQWV�RI�VWDWLF�HOHFWULFLW\�FDQ�GDPDJH�RU�GHVWUR\�WKHVH�GHYLFHV��'DPDJHG�FRPSRQHQWV

ZLOO�H[KLELW�HDUO\�IDLOXUH�HYHQ�WKRXJK�WKH\�DSSHDU�WR�IXQFWLRQ�SURSHUO\�

&203$&7�3529(5 6(3 ����

35()$&( L

'$1,(/�0($685(0(17�$1'�&21752/��,1&�

&203$&7�3529(5

23(5$7,1*�$1'�0$,17(1$1&(�,16758&7,216

127,&(

'$1,(/0($685(0(17 $1' &21752/� ,1&� ��'$1,(/�� 6+$// 127 %( /,$%/( )25 7(&+1,&$/ 25

(',725,$/ (55256 ,1 7+,6 0$18$/ 25 20,66,216 )520 7+,6 0$18$/� '$1,(/ 0$.(6 12

:$55$17,(6� (;35(66 25 ,03/,('� ,1&/8',1* 7+( ,03/,(' :$55$17,(6 2)

0(5&+$17$%,/,7< $1' ),71(66 )25 $ 3$57,&8/$5 385326( :,7+ 5(63(&7 72 7+,6

0$18$/ $1'� ,1 12 (9(17� 6+$// '$1,(/ %( /,$%/( )25 $1< 63(&,$/ 25 &216(48(17,$/

'$0$*(6 ,1&/8',1*� %87 127 /,0,7(' 72� /266 2) 352'8&7,21� /266 2) 352),76� (7&�

352'8&71$0(686('+(5(,1$5()250$18)$&785(5256833/,(5,'(17,),&$7,2121/<

$1' 0$< %( 75$'(0$5.6�5(*,67(5(' 75$'(0$5.6 2) 7+(6( &203$1,(6�

7+(&217(1762) 7+,6 38%/,&$7,21$5( 35(6(17(' )25 ,1)250$7,21$/ 385326(621/<� $1'

:+,/( (9(5< ())257 +$6 %((1 0$'( 72 (1685( 7+(,5 $&&85$&<� 7+(< $5( 127 72 %(

&216758(' $6 :$55$17,(6 25 *8$5$17((6� (;35(66(' 25 ,03/,('� 5(*$5',1* 7+(

352'8&76 25 6(59,&(6 '(6&5,%(' +(5(,1 25 7+(,5 86( 25 $33/,&$%,/,7<� :( 5(6(59( 7+(

5,*+77202',)<25 ,03529(7+('(6,*162563(&,),&$7,2162)68&+352'8&76$7$1<7,0(�

'$1,(/ '2(6 127 $6680( 5(63216,%,/,7< )25 7+( 6(/(&7,21� 86( 25 0$,17(1$1&( 2) $1<

352'8&7� 5(63216,%,/,7< )25 3523(5 6(/(&7,21� 86( $1' 0$,17(1$1&( 2) $1< '$1,(/

352'8&7 5(0$,16 62/(/< :,7+ 7+( 385&+$6(5 $1' (1'�86(5�

'$1,(/ $1' 7+( '$1,(/ /2*2 $5( 5(*,67(5(' 75$'(0$5.6 2) '$1,(/ ,1'8675,(6� ,1&� 7+(

(0(5621 /2*2 ,6 $ 75$'(0$5. $1' 6(59,&( 0$5. 2) (0(5621 (/(&75,& &2�

%12;4+)*6�l�����

$;�&#0+'.�/'#574'/'06�#0&�%10641.��+0%�

*175610��6':#5��7�5�#�

#NN�TKIJVU�TGUGTXGF��0Q�RCTV�QH�VJKU�YQTM�OC[�DG�TGRTQFWEGF�QT

EQRKGF�KP�CP[�HQTO�QT�D[�CP[�OGCPU�����ITCRJKE���GNGEVTQPKE�QT

OGEJCPKECN�����YKVJQWV�HKTUV�TGEGKXKPI�VJG�YTKVVGP�RGTOKUUKQP�QH

&CPKGN�/GCUWTGOGPV�CPF�%QPVTQN��+PE���*QWUVQP��6GZCU��7�5�#��

6(3 ���� &203$&7�3529(5

35()$&(LL

:$55$17<

�� /,0,7(':$55$17<� 6XEMHFW WR WKH OLPLWDWLRQV FRQWDLQHG LQ 6HFWLRQ � KHUHLQ DQG H[FHSW DV RWKHUZLVH H[SUHVVO\

SURYLGHG KHUHLQ� 'DQLHO 0HDVXUHPHQW DQG &RQWURO� ,QF� ��'DQLHO�� ZDUUDQWV WKDW WKH ILUPZDUH ZLOO H[HFXWH WKH

SURJUDPPLQJ LQVWUXFWLRQV SURYLGHG E\ 'DQLHO� DQG WKDW WKH *RRGV PDQXIDFWXUHG RU 6HUYLFHV SURYLGHG E\ 'DQLHO ZLOO EH

IUHH IURP GHIHFWV LQ PDWHULDOV RU ZRUNPDQVKLS XQGHU QRUPDO XVH DQG FDUH XQWLO WKH H[SLUDWLRQ RI WKH DSSOLFDEOH ZDUUDQW\

SHULRG� *RRGV DUH ZDUUDQWHG IRU WZHOYH ���� PRQWKV IURP WKH GDWH RI LQLWLDO LQVWDOODWLRQ RU HLJKWHHQ ���� PRQWKV IURP WKH

GDWH RI VKLSPHQW E\ 'DQLHO� ZKLFKHYHU SHULRG H[SLUHV ILUVW� &RQVXPDEOHV DQG 6HUYLFHV DUH ZDUUDQWHG IRU D SHULRG RI ��

GD\V IURP WKH GDWH RI VKLSPHQW RU FRPSOHWLRQ RI WKH 6HUYLFHV� 3URGXFWV SXUFKDVHG E\ 'DQLHO IURP D WKLUG SDUW\ IRU UHVDOH

WR %X\HU ��5HVDOH 3URGXFWV�� VKDOO FDUU\ RQO\ WKH ZDUUDQW\ H[WHQGHG E\ WKH RULJLQDO PDQXIDFWXUHU� %X\HU DJUHHV WKDW

'DQLHO KDV QR OLDELOLW\ IRU 5HVDOH 3URGXFWV EH\RQG PDNLQJ D UHDVRQDEOH FRPPHUFLDO HIIRUW WR DUUDQJH IRU SURFXUHPHQW

DQG VKLSSLQJ RI WKH 5HVDOH 3URGXFWV� ,I %X\HU GLVFRYHUV DQ\ZDUUDQW\ GHIHFWV DQG QRWLILHV'DQLHO WKHUHRI LQZULWLQJ GXULQJ

WKH DSSOLFDEOH ZDUUDQW\ SHULRG� 'DQLHO VKDOO� DW LWV RSWLRQ� SURPSWO\ FRUUHFW DQ\ HUURUV WKDW DUH IRXQG E\ 'DQLHO LQ WKH

ILUPZDUH RU 6HUYLFHV� RU UHSDLU RU UHSODFH )�2�%� SRLQW RI PDQXIDFWXUH WKDW SRUWLRQ RI WKH *RRGV RU ILUPZDUH IRXQG E\

'DQLHO WR EH GHIHFWLYH� RU UHIXQG WKH SXUFKDVH SULFH RI WKH GHIHFWLYH SRUWLRQ RI WKH *RRGV�6HUYLFHV� $OO UHSODFHPHQWV RU

UHSDLUV QHFHVVLWDWHG E\ LQDGHTXDWH PDLQWHQDQFH� QRUPDO ZHDU DQG XVDJH� XQVXLWDEOH SRZHU VRXUFHV� XQVXLWDEOH

HQYLURQPHQWDO FRQGLWLRQV� DFFLGHQW� PLVXVH� LPSURSHU LQVWDOODWLRQ� PRGLILFDWLRQ� UHSDLU� VWRUDJH RU KDQGOLQJ� RU DQ\ RWKHU

FDXVH QRW WKH IDXOW RI 'DQLHO DUH QRW FRYHUHG E\ WKLV OLPLWHG ZDUUDQW\� DQG VKDOO EH DW %X\HUV H[SHQVH� 'DQLHO VKDOO QRW

EH REOLJDWHG WR SD\ DQ\ FRVWV RU FKDUJHV LQFXUUHG E\ %X\HU RU DQ\ RWKHU SDUW\ H[FHSW DV PD\ EH DJUHHG XSRQ LQ ZULWLQJ

LQ DGYDQFH E\ DQ DXWKRUL]HG 'DQLHO UHSUHVHQWDWLYH� $OO FRVWV RI GLVPDQWOLQJ� UHLQVWDOODWLRQ DQG IUHLJKW DQG WKH WLPH DQG

H[SHQVHV RI 'DQLHOV SHUVRQQHO IRU VLWH WUDYHO DQG GLDJQRVLV XQGHU WKLV ZDUUDQW\ FODXVH VKDOO EH ERUQH E\ %X\HU XQOHVV

DFFHSWHG LQ ZULWLQJ E\ 'DQLHO� *RRGV UHSDLUHG DQG SDUWV UHSODFHG GXULQJ WKH ZDUUDQW\ SHULRG VKDOO EH LQ ZDUUDQW\ IRU WKH

UHPDLQGHU RI WKH RULJLQDO ZDUUDQW\ SHULRG RU QLQHW\ ���� GD\V� ZKLFKHYHU LV ORQJHU� 7KLV OLPLWHG ZDUUDQW\ LV WKH RQO\

ZDUUDQW\ PDGH E\ 'DQLHO DQG FDQ EH DPHQGHG RQO\ LQ D ZULWLQJ VLJQHG E\ DQ DXWKRUL]HG UHSUHVHQWDWLYH RI 'DQLHO� ([FHSW

DV RWKHUZLVH H[SUHVVO\ SURYLGHG LQ WKH $JUHHPHQW� 7+(5( $5( 12 5(35(6(17$7,216 25 :$55$17,(6 2)

$1< .,1'� (;35(66 25 ,03/,('� $6 72 0(5&+$17$%,/,7<� ),71(66 )25 3$57,&8/$5 385326(�

25$1<27+(50$77(5:,7+5(63(&772$1<2) 7+(*22'625 6(59,&(6� �,W�LV�XQGHUVWRRG�WKDW

FRUURVLRQ�RU�HURVLRQ�RI�PDWHULDOV�LV�QRW�FRYHUHG�E\�RXU�JXDUDQWHH�

�� /,0,7$7,21 2) 5(0('< $1' /,$%,/,7<� '$1,(/ 6+$// 127 %( /,$%/( )25 '$0$*(6

&$86(' %< '(/$< ,1 3(5)250$1&(� 7+( 62/( $1' (;&/86,9( 5(0('< )25 %5($&+ 2)

:$55$17< +(5(81'(5 6+$// %( /,0,7(' 72 5(3$,5� &255(&7,21� 5(3/$&(0(17 25 5()81'

2) 385&+$6( 35,&( 81'(5 7+( /,0,7(' :$55$17< &/$86( ,1 6(&7,21 � +(5(,1� ,1 12 (9(17�

5(*$5'/(66 2) 7+( )250 2) 7+( &/$,0 25 &$86( 2) $&7,21 �:+(7+(5 %$6(' ,1 &2175$&7�

,1)5,1*(0(17� 1(*/,*(1&(� 675,&7 /,$%,/,7<� 27+(5 7257 25 27+(5:,6(�� 6+$// '$1,(/6

/,$%,/,7< 72 %8<(5 $1'�25 ,76 &86720(56 (;&((' 7+( 35,&( 72 %8<(5 2) 7+( 63(&,),&

*22'60$18)$&785('25 6(59,&(6 3529,'('%<'$1,(/*,9,1*5,6( 72 7+( &/$,025 &$86(

2) $&7,21� %8<(5 $*5((6 7+$7 ,1 12 (9(17 6+$// '$1,(/6 /,$%,/,7< 72 %8<(5 $1'�25 ,76

&86720(56 (;7(1' 72 ,1&/8'( ,1&,'(17$/� &216(48(17,$/ 25 381,7,9( '$0$*(6� 7+(

7(50 �&216(48(17,$/ '$0$*(6� 6+$// ,1&/8'(� %87 127 %( /,0,7(' 72� /266 2)

$17,&,3$7(' 352),76� /266 2) 86(� /266 2) 5(9(18( $1' &267 2) &$3,7$/�

&203$&7�3529(5 6(3 ����

7$%/(�2)�&217(176 LLL

7$%/(�2)�&217(176

��� ,1752'8&7,21 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� *HQHUDO � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 'HVFULSWLRQ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 0HFKDQLFDO�'HVFULSWLRQ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 6SHFLILFDWLRQV � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� ,167$//$7,21�$1'�6(7�83 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� *HQHUDO � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 5HFHLSW�RI�(TXLSPHQW � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 5HWXUQ�6KLSPHQW � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� ,QVWDOODWLRQ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 6HW�XS � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

����� 6XSSO\LQJ�(OHFWULFDO�3RZHU � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

����� &RQQHFWLRQ�RI�WKH�2SHUDWLQJ�&RPSXWHU � � � � � � � � � � � � � � � � � � � � � � � � � ���

����� ���RU���9�'&�,QWHUIDFH�%RDUG � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

����� &KDUJLQJ�WKH�3QHXPDWLF�6SULQJ�3OHQXP � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� %DVH�9ROXPH�&HUWLILFDWLRQ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

���� 23(5$7,21 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� *HQHUDO�2SHUDWLRQDO�7KHRU\ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 2SHUDWLQJ�,QVWUXFWLRQV � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 0$,17(1$1&( � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 6HDO�/HDN�&KHFN � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� %DVH�9ROXPH�&HUWLILFDWLRQ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

����� &HUWLILFDWLRQ�7HFKQLTXHV � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

����� :DWHU�'UDZ�3URFHGXUH � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� &HUWLILFDWLRQ�'DWD�6KHHW�DQG�&DOFXODWLRQV � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

����� 'DWD�6KHHW�(QWULHV � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

����� &DOFXODWLRQV � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

��� 6HDO�5HSODFHPHQW � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

����� 0HDVXUHPHQW�3LVWRQ�DQG�)ORZ�7XEH � � � � � � � � � � � � � � � � � � � � � � � � � � ����

����� 2SWLFDO�6HDO�6XSSRUW � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

����� +\GUDXOLF�&\OLQGHU�DQG�+\GUDXOLF�6HDO�6XSSRUW � � � � � � � � � � � � � � � � � ����

��� ,QVWUXPHQW�3DFNDJH�&RQYHUVLRQ�.LW � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

��� 'HWHFWRU�6ZLWFK�5HSODFHPHQW � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

6(3 ���� &203$&7�3529(5

7$%/(�2)�&217(176LY

��� 7528%/(6+227,1* � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� *HQHUDO � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� ,QWHUIDFH�6LJQDOV � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 0HDVXUHPHQW�3LVWRQ�0RYHPHQW � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 63(&,$/�722/6�$1'�(48,30(17 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 7RRO�/LVW � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 3$576�/,67 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� *HQHUDO � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 5HSODFHPHQW�3DUWV�/LVW � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

&203$&7�3529(5 6(3 ����

7$%/(�2)�&217(176 Y

)LJXUHV

��� 2XWOLQH�'UDZLQJV���&RPSDFW�3URYHU � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 7\SLFDO�3URYHU�,QVWDOODWLRQ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 'RXEOH�&KURQRPHWU\ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� ��9�3URYHU�,QWHUIDFH�%RDUG � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� �����9�3URYHU�,QWHUIDFH�%RDUG � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 1LWURJHQ�$GMXVW�3DQHO � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� &RQQHFWLRQ�'LDJUDP � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 6WDQGE\�3RVLWLRQ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� ,QLWLDO�0RWLRQ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 3URYLQJ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� (QG�RI�3URYLQJ�5XQ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 3LVWRQ�5HWXUQLQJ�WR�8SVWUHDP�3RVLWLRQ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 6SULQJ�3OHQXP � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� +\GUDXOLF�6\VWHP � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� /HDN�'HWHFWRU�.LW � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� /HDN�'HWHFWRU�.LW�,QVWDOOHG � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� &RPSDFW�3URYHU�:DWHU�'UDZ�$VVHPEO\ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� :DWHU�'UDZ�6\VWHP � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 7HVW�0HDVXUH�7HPSHUDWXUH�6WDELOL]DWLRQ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

��� 9ROXPHWULF�'HWHUPLQDWLRQ�'DWD�6KHHW � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

��� 7\SLFDO�3URYHU�&RQWURO�3DQHO�$VVHPEO\������VKRZQ� � � � � � � � � � � � � � � � � � � � � � � � � � ����

��� 3RSSHW�2�5LQJ�,QVWDOODWLRQ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

��� 2SWLFDO�6HDO�6XSSRUW�$VVHPEO\ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

���� +\GUDXOLF�6HDO�6XSSRUW�$VVHPEO\ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

���� 7\SLFDO�+\GUDXOLF�&\OLQGHU�$VVHPEO\ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

���� 'HWHFWRU�6ZLWFK�5HPRYDO��� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

���� 'HWHFWRU�6ZLWFK�5HPRYDO��� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

���� 'HWHFWRU�6ZLWFK�$GMXVWPHQW � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

��� 3URYHU�6LJQDO�7LPLQJ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 3URYHU�:LULQJ�'LDJUDP��6LQJOH�3KDVH�3RZHU� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 3URYHU�:LULQJ�'LDJUDP��7KUHH�3KDVH�3RZHU� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 6SDUH�3DUWV�'LDJUDP��)ORZ�7XEH� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 6SDUH�3DUWV�'LDJUDP��)ORZ�7XEH���&RQWLQXHG� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 6SDUH�3DUWV�'LDJUDP��0HFKDQLFDO�&RPSRQHQWV� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 6SDUH�3DUWV�'LDJUDP��(OHFWULFDO�&RPSRQHQWV� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

6(3 ���� &203$&7�3529(5

7$%/(�2)�&217(176YL

7DEOHV

��� +\GUDXOLF�&DSDFLW\ � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 6WDQGDUG�&RPSDFW�3URYHU�6HW�XS�'DWD � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 3RZHU�5HTXLUHPHQWV � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 6SULQJ�3OHQXP�µ5¶�9DOXHV � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� 7LH�5RG�1XW�7RUTXH � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

��� +\GUDXOLF�&\OLQGHU�7LH�5RG�1XW�7RUTXH � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

��� 9ROXPHWULF�3HUFHQW�&KDQJH�IRU�&RPSDFW�3URYHUV � � � � � � � � � � � � � � � � � � � � � � � � � � � � ����

��� 3DUWV�/LVW � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

��� &RPSDFW�3URYHU�0RGHO�&RGH � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � ���

&203$&7�3529(5 6(3 ����

,1752'8&7,21 ���

��� ,1752'8&7,21

��� *HQHUDO

7KLV�PDQXDO� LV� GHVLJQHG� WR� SURYLGH� LQIRUPDWLRQ� DQG� JXLGDQFH� WR� SHUVRQQHO� UHVSRQVLEOH� IRU� WKH

RSHUDWLRQ� DQG�PDLQWHQDQFH�RI� WKH�&RPSDFW�3URYHU�� �7KH� FRQWHQW� RI� WKLV�PDQXDO� LV� LQWHQGHG� WR

GHVFULEH�WKH�QRUPDO�RSHUDWLRQDO�FKDUDFWHULVWLFV�RI�WKH�&RPSDFW�3URYHU���%\�QHFHVVLW\��WKLV�PDQXDO

LV�ZULWWHQ� IRU� VWDQGDUG� SURYHUV�� � ,W� GRHV� QRW� LQFOXGH� VSHFLILF� LQIRUPDWLRQ� SHUWLQHQW� WR� VSHFLDOO\

GHVLJQHG�LWHPV�RU�QRQ�VWDQGDUG�HTXLSPHQW���2SHUDWLQJ�DQG�0DLQWHQDQFH�,QVWUXFWLRQV�IRU�VSHFLDO

HTXLSPHQW�ZLOO�EH�VXSSOLHG�DV�QHFHVVDU\�

7KH�&RPSDFW�3URYHU� LV�QRW� D� VWDQG�DORQH� V\VWHP�� �7KH�SURYHU� UHTXLUHV� WKH�XVH�RI�DQ�RSHUDWLQJ

FRPSXWHU�WKDW�LV�FDSDEOH�RI�'XDO�&KURQRPHWU\�3XOVH�,QWHUSRODWLRQ���7KH�RSHUDWLQJ�FRPSXWHU�ZLOO

SURFHVV�DQG�VXPPDUL]H�DOO�SURYLQJ�GDWD���5HIHU�WR�WKH�2SHUDWLRQ�VHFWLRQ�RI�WKLV�PDQXDO�IRU�PRUH

LQIRUPDWLRQ�

��� 'HVFULSWLRQ

7KH� &RPSDFW� 3URYHU� SURYLGHV� LPSURYHG� DFFXUDF\�� UDSLG� RSHUDWLRQ� DQG� FRQWLQXRXV� IORZ� IRU

SHUIRUPDQFH�WHVWLQJ��RU�µSURYLQJ¶��RI�OLTXLG�IORZPHWHUV�LQ�DQ�RSHUDWLRQDO�OLQH���0RGHUQ�HOHFWURQLFV

SHUPLW�H[DFW�WLPH�GHWHUPLQDWLRQ�DQG�SXOVH�FRXQWLQJ��ZKLFK�SURYLGHV�KLJK�DFFXUDF\�SURYLQJ�ZLWK�D

VPDOOHU�YROXPH�DQG�IHZHU�IORZPHWHU�SXOVHV�WKDQ�DQ\�SUHYLRXV�SURYLQJ�WHFKQRORJ\�

%HFDXVH�RI�LWV�UHGXFHG�VL]H�DQG�D�XQLTXH�SDWHQWHG�SLVWRQ�GHVLJQ��ZKLFK�LQFOXGHV�DQ�LQWHUQDO�SRSSHW

YDOYH�� WKH�&RPSDFW� 3URYHU� FDQ� EH� HDVLO\� LQVWDOOHG� LQ�PRVW� RSHUDWLRQDO� OLQHV� DQG� RSHUDWHG�ZLWK

PLQLPDO�GLVWXUEDQFH�WR�IORZ���7KH�SURYHU¶V�LQWHUQDO�GHVLJQ�LQFRUSRUDWHV�DQ�LQKHUHQW�IDLO�VDIH�IHDWXUH

FRQVWUXFWHG�WR�DVVXUH�XQLQWHUUXSWHG�OLTXLG�IORZ�

7KH�,QWHUIDFH�(QFORVXUH�FRQWDLQV�D�SULQWHG�FLUFXLW�ERDUG�ZKLFK�FRQGLWLRQV�WKH�VLJQDOV�JHQHUDWHG�E\

WKH�SURYHU���7KH�RSHUDWLQJ�FRPSXWHU��ZKLFK�LV�W\SLFDOO\�ORFDWHG�LQ�D�FRQWURO�URRP��UHFHLYHV�WKHVH

VLJQDOV� DQG� JHQHUDWHV� GDWD� IURP� WKH� SURYLQJ� SDVVHV�� � 7KLV� GDWD� FDQ� EH� SULQWHG� IRU� PDQXDO

LPSOHPHQWDWLRQ�WR�WKH�SURFHVV�OLQH�IORZ�PHWHU���6RPH�SURYLQJ�DSSOLFDWLRQV�FDQ�EH�SURJUDPPHG�IRU

DXWRPDWLF�LPSOHPHQWDWLRQ�

6(3 ���� &203$&7�3529(5

�,1752'8&7,21���

$�W\SLFDO�SURYLQJ�UXQ�VKRXOG�JHQHUDWH�WKH�IROORZLQJ�UDZ�GDWD�

D� 7KH�H[DFW�WLPH�LQWHUYDO��LQ�VHFRQGV��IRU�WKH�FHUWLILHG�YROXPH�RI�WKH�SURYHU�WR�EH�GLVSODFHG�

E�� 7KH�H[DFW�WLPH�LQWHUYDO��LQ�VHFRQGV��WR�WDEXODWH�IORZ�PHWHU�SXOVHV�

F� 7KH� H[DFW� QXPEHU� RI�ZKROH�PHWHU� SXOVHV�JHQHUDWHG� E\� WKH� OLTXLG� GLVSODFHG� GXULQJ� WKH

SURYLQJ�UXQ�

7\SLFDO�GDWD�JLYHQ�E\�WKH�RSHUDWLQJ�FRPSXWHU�LQFOXGH�

)UHTXHQF\���)ORZPHWHU�SXOVHV�VHFRQG��+]

)ORZ�UDWH���8QLWV�RI�YROXPH�PLQXWH�RU�KRXU��&DQ�EH�JSP��ESK��OSP�RU�P��KU��

.�)DFWRU���)ORZPHWHU�SXOVHV�XQLW�RI�YROXPH

0HWHU�)DFWRU��&RUUHFWLRQ�IDFWRU��PXOWLSOLHU��IRU�PHWHU�UHDGRXW

��� 0HFKDQLFDO�'HVFULSWLRQ

7KH�EDVLF�RXWOLQH�RI�WKH�&RPSDFW�3URYHU�DQG�LW¶V�FRPSRQHQW�SDUWV�DUH�VKRZQ�LQ�)LJXUH�������7KH

&RPSDFW�3URYHU�FRQVLVWV�RI�D�IUHH�IORZLQJ�PHDVXUHPHQW�SLVWRQ�DQG�D�FRD[LDO�PRXQWHG�SRSSHW�YDOYH�

DOO�ZLWKLQ�D�SUHFLVLRQ�IORZ�WXEH���7KH�SRSSHW�YDOYH�LV�LQFRUSRUDWHG�ZLWKLQ�WKH�PHDVXUHPHQW�SLVWRQ

DQG�LV�FRQQHFWHG�WR�WKH�K\GUDXOLF�F\OLQGHU�E\�ZD\�RI�DQ�DFWXDWRU�VKDIW���$�FDOFXODWHG�SUHVVXUH�LQ�WKH

SQHXPDWLF�VSULQJ�SOHQXP��LQ�FRPELQDWLRQ�ZLWK�WKH�K\GUDXOLF�V\VWHP��RSHUDWHV�WKH�DFWXDWRU�SLVWRQ

ZLWKLQ�WKH�K\GUDXOLF�F\OLQGHU���7KH�SUHVVXUH�LQ�WKH�SQHXPDWLF�VSULQJ�SOHQXP�FORVHV�WKH�SRSSHW�YDOYH�

DOORZLQJ�WKH�SLVWRQ�WR�SURFHHG�WKURXJK�D�SURYLQJ�SDVV���2QFH�WKH�SDVV�LV�FRPSOHWH��WKH�K\GUDXOLF

V\VWHP�UHWXUQV�WKH�SLVWRQ�WR�WKH�XSVWUHDP��VWDQGE\��SRVLWLRQ�ZKLOH�KROGLQJ�WKH�SRSSHW�YDOYH�RSHQ�

1RUPDO�IORZ�RI�WKH�OLTXLG�ZLOO�SDVV�WKURXJK�WKH�RSHQ�SRSSHW�YDOYH���2SWLFDO�VHQVRUV�DUH�XVHG�WR

GHWHFW�WKH�SRVLWLRQ�RI�WKH�SLVWRQ�LQVLGH�WKH�IORZ�WXEH��7KHVH�VHQVRUV�JHQHUDWH�SRVLWLRQ�VLJQDOV��ZKLFK

DUH�XVHG�IRU�SURSHU�RSHUDWLRQ�DQG�GDWD�FDOFXODWLRQ���5HIHUHQFH�6HFWLRQ���IRU�FRPSOHWH�RSHUDWLRQ

LQVWUXFWLRQV�

)ORZ�7XEH�

7KH�IORZ� WXEH� LV�D�VWDLQOHVV�VWHHO� WXEH�ZLWK�D�SUHFLVLRQ�PDFKLQHG��KDUG�FKURPH�SODWHG�ERUH�� � ,W

FRQWDLQV�WKH�SURYHU�SLVWRQ��SRSSHW�YDOYH��DQG�IDLO�VDIH�PHFKDQLVP�

(QG�&RQQHFWLRQV�

7KH�LQOHW�DQG�RXWOHW�HQG�FRQQHFWLRQV�IRU�LQVWDOOLQJ�WKH�&RPSDFW�3URYHU�LQ�OLQH�DUH�$16,������UDLVHG

IDFH�IODQJHV���5HIHUHQFH�6HFWLRQ�����IRU�VSHFLILFDWLRQV�

+\GUDXOLF�&\OLQGHU�

7KH� K\GUDXOLF� F\OLQGHU� FRQWDLQV� WKH� DFWXDWRU� SLVWRQ� WR� DFW� DV� D� EDUULHU� EHWZHHQ� WKH� JDV� LQ� WKH

SQHXPDWLF�VSULQJ�SOHQXP�DQG�WKH�K\GUDXOLF�RLO��,W�SURYLGHV�WKH�IRUFHV�QHFHVVDU\�WR�RSHQ�DQG�FORVH

WKH�SRSSHW�YDOYH�DQG�WR�RSHUDWH�WKH�SURYHU�WKURXJK�LW¶V�F\FOH���&RQQHFWHG�WR�WKH�DFWXDWRU�SLVWRQ�LV�WKH

DFWXDWRU�VKDIW��ZKLFK�LV�FRQQHFWHG�WR�WKH�SRSSHW�RQ�WKH�RSSRVLWH�HQG�

&203$&7�3529(5 6(3 ����

,1752'8&7,21 ���

2SWLFDO�$VVHPEO\�

7KLV�LQWULQVLFDOO\�VDIH�FRPSRQHQW�LV�SUHFLVLRQ�GHVLJQHG�IRU�DFFXUDWH�YROXPH�PHDVXUHPHQW�ZLWKLQ��

WHQ�WKRXVDQGWKV����������RI�RQH�LQFK���7KHUH�DUH�WKUHH�RSWLFDO�VHQVRUV��VZLWFKHV��XVHG��RQH�IRU�WKH

XSVWUHDP��VWDQGE\��SRVLWLRQ��DQG�WZR�IRU�GHILQLQJ�WKH�GLVSODFHG�YROXPH�RI�IOXLG�IORZLQJ�WKURXJK�WKH

SURYHU���7KHVH�VORWWHG�VZLWFKHV�KDYH�DQ�LQIUDUHG�/('�DQG�D�SKRWRWUDQVLVWRU�RQ�RSSRVLWH�VLGHV�RI�WKH

VORW���7KH�SURYHU�JHQHUDWHV�D�VLJQDO�ZKHQ�D�³IODJ´�SDVVHV�WKURXJK�WKH�VORW�DQG�EORFNV�WKH�LQIUDUHG

OLJKW�IURP�WKH�SKRWRWUDQVLVWRU�� �7KH�IODJ�LV�DWWDFKHG�WR�WKH�PHDVXUHPHQW�SLVWRQ�E\�PHDQV�RI� WKH

GHWHFWRU�VKDIW���7KH�SDVVDJH�RI�WKH�IODJ�WKURXJK�WKH�VORWWHG�RSWLFDO�VZLWFKHV�GHILQHV�WKH�GLVSODFHG

YROXPH��EDVH�YROXPH��RI�WKH�SURYHU���)RU�GHWDLOHG�LQIRUPDWLRQ�RQ�WKH�2SWLFDO�$VVHPEO\��VHH�6HFWLRQ

��

+\GUDXOLF�&RQWURO�9DOYH�

7KLV�QRUPDOO\�FORVHG�WZR�ZD\�YDOYH�FRQWUROV�WKH�K\GUDXOLF�RSHUDWLRQ�RI�WKH�SURYHU���7KH�YDOYH�LV

HQHUJL]HG� WR�RSHQ�GXULQJ�D�SURYLQJ�SDVV��DQG�GH�HQHUJL]HG� WR�FORVH� IRU� WKH�SLVWRQ� UHWXUQ� WR� WKH

XSVWUHDP��VWDQGE\��SRVLWLRQ���7KHUH�DUH�WZR�VW\OHV�RI�FRQWURO�YDOYH�XVHG���6W\OH�LV�GHSHQGHQW�XSRQ

SURYHU�VL]H�DQG�HOHFWULFDO�V\VWHP��&6$�RU�&(1(/(&�7\SH����6HH�)LJXUH�����

+\GUDXOLF�3XPS�

7KH� K\GUDXOLF� SXPS� LV� D� YDULDEOH� GLVSODFHPHQW� YDQH�W\SH� XQLW� GULYHQ� E\� DQ� HOHFWULF�PRWRU�� � ,W

VXSSOLHV�WKH�SRZHU�QHFHVVDU\�WR�RYHUFRPH�WKH�SOHQXP�SUHVVXUH�DQG�UHWXUQ�WKH�SLVWRQ�XSVWUHDP���2QFH

WKH�SLVWRQ�KDV�UHDFKHG�WKH�XSVWUHDP�SRVLWLRQ��WKH�SXPS�DVVXPHV�D�QHXWUDO�FRQGLWLRQ�PDLQWDLQLQJ

K\GUDXOLF�SUHVVXUH�DW�QR�IORZ�IRU�PLQLPXP�SRZHU�FRQVXPSWLRQ���

3QHXPDWLF�6SULQJ�3OHQXP�

7KH�FKDUJH�RI�SUHVVXUL]HG�JDV�LQ�WKH�SQHXPDWLF�VSULQJ�SOHQXP�VXSSOLHV�WKH�HQHUJ\�QHFHVVDU\�WR

RYHUFRPH�WKH�VKDIW�VHDO�IULFWLRQ�DQG�FORVH�WKH�SRSSHW�YDOYH���$�SRUWLRQ�RI�WKH�FKDUJH�LV�UHTXLUHG�WR

RYHUFRPH�WKH�IRUFH�JHQHUDWHG�E\�WKH�SURGXFW�SUHVVXUH�ZLWKLQ�WKH�SURYHU�DFWLQJ�RQ�WKH�DFWXDWRU�VKDIW

DQG�WKH�GHWHFWRU�VKDIW���:KHQ�SURSHUO\�DGMXVWHG��WKLV�FKDUJH�DOORZV�IRU�PLQLPXP�SUHVVXUH�GLIIHUHQWLDO

�XVXDOO\�RQO\�D�IHZ�LQFKHV�RI�ZDWHU�FROXPQ��DFURVV�WKH�SLVWRQ�

6(3 ���� &203$&7�3529(5

�,1752'8&7,21���

7\SLFDO������������������������DQG�����&6$�7\SH

7\SLFDO������������������������DQG�����&HQHOHF�7\SH

)LJXUH�������2XWOLQH�'UDZLQJV���&RPSDFW�3URYHU

&203$&7�3529(5 6(3 ����

,1752'8&7,21 ���

7\SLFDO�����0LQL�&6$�7\SH

7\SLFDO�����0LQL�&HQHOHF�7\SH

)LJXUH�������2XWOLQH�'UDZLQJV���&RPSDFW�3URYHU��&RQWLQXHG�

6(3 ���� &203$&7�3529(5

�,1752'8&7,21���

��� 6SHFLILFDWLRQV

6(5,286�3(5621$/�,1-85<�25�'$0$*(�72�(48,30(17

'2�127�RSHUDWH�WKLV�LQVWUXPHQW�LQ�H[FHVV�RI�WKH�VSHFLILFDWLRQV�OLVWHG�

)DLOXUH�WR�RSHUDWH�WKLV�HTXLSPHQW�DFFRUGLQJ�WR�VSHFLILFDWLRQV�FRXOG�UHVXOW�LQ�VHULRXV�SHUVRQDO

LQMXU\�RU�GDPDJH�WR�HTXLSPHQW�

0DWHULDOV�RI�&RQVWUXFWLRQ�

6WDQGDUG�������VWDLQOHVV�VWHHO�IORZ�WXEH�ZLWK�KDUG�FKURPH�SODWLQJ��FDUERQ�VWHHO�SLSH�DQG�IODQJHV

6WDQGDUG�0D[LPXP�:RUNLQJ�3UHVVXUH��#������)�����&�

��´�WR�����6L]H�������OE��$16,�������SVLJ��������N3D�

��´�DQG�����6L]H�������OE��$16,������SVLJ�������N3D�

3URYHU�VL]H�EDVHG�RQ�IORZ�WXEH�GLDPHWHU�

0D[LPXP�:RUNLQJ�7HPSHUDWXUH�

�´�WR�����6L]H�������WR�����)������WR����&�

��´�DQG�����6L]H������WR�����)�����WR����&�

7HPSHUDWXUH�VSDQ�GLIIHUHQWLDO�EHWZHHQ�WLH�URGV�DQG�IORZ�WXEH�QRW�WR�H[FHHG�����)�����&��RQ

VWDQGDUG����WR�����PRGHOV�DQG�����)�����&��RQ���´�DQG�����PRGHOV�

3HUIRUPDQFH�

5HSHDWDELOLW\�������RU�EHWWHU��ZDWHU�GUDZ�

&203$&7�3529(5 6(3 ����

,1752'8&7,21 ���

6WDQGDUG�&DSDFLWLHV�DQG�6SHFLILFDWLRQV�

)ORZ�5DQJH�����������6HH�7DEOH����

3URYHU�1RPLQDO�%DVH�9ROXPH��GHSHQGHQW�RQ�VL]H���6HH�7DEOH����

9ROXPH�5DWLR��8SVWUHDP�'RZQVWUHDP�9ROXPH���6HH�7DEOH����

+\GUDXOLF�6\VWHP��)LOO�ZLWK�W\SH�0,/�+�������$YLDWLRQ�*UDGH�(�+\GUDXOLF�)OXLG��RU�HTXLYDOHQW�LQ

TXDQWLWLHV�VKRZQ�EHORZ�

7DEOH�������+\GUDXOLF�&DSDFLW\

3URYHU�6L]H 6\VWHP�&DSDFLW\

�� ��JDO�������/�

����0LQL ��JDO�������/�

��� ��JDO�������/�

��� ���JDO�����/�

��� ���JDO�����/�

��� ���JDO������/�

��� ���JDO������/�

6(3 ���� &203$&7�3529(5

�,1752'8&7,21���

7DEOH�������6WDQGDUG�&RPSDFW�3URYHU�6HW�XS�'DWD

1RPLQDO

)ORZ

7XEH

'LD�

3URYHU )ORZ 5DWH

5DQJHV 0LQLPXP

0D[LPXP

1RPLQDO

3URYHU

%DVH

9ROXPH

0XOWLSOLHU

IRU

8SVWUHDP

9ROXPH

)ORZWXEH

,�'�

:DOO

7KLFNQHVV

,QOHW�

2XWOHW

)ODQJH

6L]H

1RPLQDO 3URYHU

6KLSSLQJ

'LPHQVLRQV

�/ ; : ; +�

$SSUR[LPDWH

6KLSSLQJ

:HLJKW

�� ���� JSP

����� OSP

����� ESK

����� P�SK

��� JSP

��� OSP

��� ESK

�� P�SK

� JDO

��� OLWHUV�

�������� �����

������� FP�

������

������ FP�

��

��� OE�

$16,

���� [ ��� [ ���

����FP [ ���FP

[ ���FP�

����� OEV

���� NJV�

��� 0LQL ��� JSP

���� OSP

���� ESK

����� P�SK

���� JSP

����� OSP

����� ESK

��� P�SK

�� JDO

��� OLWHUV�

�������� ������

������� FP�

������

������ FP�

��

��� OE�

$16,

���� [ ��� [ ���

����FP [ ���FP

[ ���FP�

����� OEV

������ NJV�

��� ���� JSP

����� OSP

���� ESK

����� P�SK

���� JSP

����� OSP

���� ESK

��� P�SK

�� JDO

��� OLWHUV�

�������� ������

������� FP�

������

������ FP�

��

��� OE�

$16,

���� [ �� [ ���

����FP [ ���FP

[ ���FP�

����� OEV

������� NJV�

��� ��� JSP

������ OSP

��� ESK

����� P�SK

����� JSP

������ OSP

����� ESK

��� P�SK

�� JDO

���� OLWHUV�

�������� ������

������� FP�

������

������ FP�

��

��� OE�

$16,

���� [ ��� [ ���

����FP [ ���FP

[ ���FP�

����� OEV

������ NJV�

��� ��� JSP

������ OSP

���� ESK

����� P�SK

����� JSP

������ OSP

������ ESK

����� P�SK

�� JDO

���� OLWHUV�

�������� ������

������� FP�

������

������ FP�

���

��� OE�

$16,

���� [ ��� [ ���

����FP [ ���FP

[ ���FP�

������ OEV

������ NJV�

��� ���� JSP

������ OSP

���� ESK

����� P�SK

������ JSP

������ OSP

������ ESK

����� P�SK

��� JDO

���� OLWHUV�

�������� �����

������� FP�

������

������ FP�

���

��� OE�

$16,

���� [ ���� [ ���

����FP [ ���FP

[ ���FP�

������ OEV

������ NJV�

��� ���� JSP

������ OSP

���� ESK

����� P�SK

������ JSP

������ OSP

������ ESK

����� P�SK

��� JDO

���� OLWHUV�

�������� �����

������� FP�

�����

�������

���

��� OE�

$16,

���� [ ����[���

����FP [ ���FP

[ ���FP�

������ OEV

������� NJV�

1RWHV�

��� 7HPSHUDWXUH�DQG�3UHVVXUH�WDS�RQ�WKH�RXWOHW�IODQJH���´�GLD���FDQ�EH�VXSSOLHG

XSRQ�UHTXHVW�

��� )OXLG�YLVFRVLW\�UDQJHV�XS�WR��������FHQWLVWRNHV�

��� &RQVLGHUDWLRQV�IRU�PHWHU�W\SH�DQG�SXOVH�RXWSXW�TXDOLW\�VKRXOG�EH�PDGH�IRU�DOO

&RPSDFW�3URYHU�DSSOLFDWLRQV�

��� &RPSDFW�3URYHU�SHUIRUPDQFH�GHSHQGV�XSRQ�WKH�TXDOLW\�RI�WKH�SXOVH�VLJQDO

IURP�WKH�PHWHU�EHLQJ�SURYHG�

��� )RU�PRUH�LQIRUPDWLRQ�RQ�SXOVH�TXDOLW\�DQG�&RPSDFW�3URYHUV��UHIHUHQFH�$3,

&KDSWHU�����

��� )RU�FHUWLILHG�GLPHQVLRQDO�GUDZLQJV��SOHDVH�FRQWDFW�WKH�IDFWRU\�

��� 8SVWUHDP�PXOWLSOLHUV�DUH�DSSUR[LPDWH���$FWXDO�YDOXHV�FDQ�EH�REWDLQHG�IURP

WKH�%DVH�9ROXPH�&HUWLILFDWLRQ��ZDWHU�GUDZ��PHWKRG�

&203$&7�3529(5 6(3 ����

,1752'8&7,21 ���

7DEOH�������3RZHU�5HTXLUHPHQWV

6L]H $& /LQH 9ROWDJH�

)UHTXHQF\ DQG 3KDVH

+\GUDXOLF 6\VWHP

0RWRU )XOO

/RDG $PSV

+\GUDXOLF 6\VWHP 0RWRU

&RQILJXUDWLRQ

+\GUDXOLF &RQWURO

9DOYH ,Q�5XVK

$PSHUDJH

�� DQG ��� 0LQL

�������� ���� � +S 6LQJOH ��

�������� �������� ��� � +S 6LQJOH �

�������� ��� ��� +S 6LQJOH ����

�������� ��� ��� +S 6LQJOH ����

�������� ���� ��� +S 6LQJOH �

���

�������� ����

��� +S 6LQJOH

��

�������� �������� ��� �

�������� ��� ����

�������� ��� ����

�������� ��� �

���

�������� ���� [ � ��� +S 'XDO� � &LUFXLWV ����

�������� �������� ���� ��� +S 'XDO� � &LUFXLW ����

�������� ��� � +S 6LQJOH ����

�������� ��� � +S 6LQJOH ����

�������� ��� � +S 6LQJOH ����

���

�������� ��

� +S 6LQJOH

����

�������� ��� ����

�������� ��� ����

�������� ��� ����

���

�������� ��

�� +S 6LQJOH

����

�������� �� ����

�������� �� ����

�������� ���� ����

���

�������� ��

�� +S 6LQJOH

����

�������� �� ����

�������� �� ����

�������� �� ����

1RWHV�

� � &RQVXOW WKH IDFWRU\ IRU RSWLRQDO YROWDJHV QRW OLVWHG�

� � 7KH RSHUDWLQJ FRPSXWHU PXVW EH FRQQHFWHG WR D SRZHU VRXUFH VHSDUDWH IURP WKDW RI WKH SURYHU WR DYRLG YDULDQFH

LQ VLJQDO FDXVHG E\ OLQH ORDG FKDUJH DQG GLVFKDUJH�

� � *URXQGLQJ ZLUH ZLWKLQ SRZHU FDEOH PXVW EH FRQQHFWHG WR WKH LQVWDOOHG ORFDWLRQ HOHFWULFDO V\VWHP JURXQGLQJ EXV

RU HOHFWULFDO HTXLYDOHQW� $ VXSSOHPHQWDO JURXQGLQJ FDEOH LV DYDLODEOH DV DQ RSWLRQ�

� � )RU SURYHUV WKDW DUH QRW HTXLSSHG ZLWK D PDLQ FLUFXLW EUHDNHU� VL]LQJ RI WKH PDLQ FLUFXLW EUHDNHU VKRXOG EH EDVHG

XSRQ WKH K\GUDXOLF V\VWHP PRWRU )XOO /RDG $PSHUDJH� )ROORZ DSSOLFDEOH HOHFWULFDO FRGHV IRU SURSHU

UHTXLUHPHQWV�

6(3 ���� &203$&7�3529(5

�,1752'8&7,21����

&RQQHFWLRQ�5HTXLUHPHQWV�

5HIHUHQFH�7DEOH�����IRU�$16,�IODQJH�VL]HV

3QHXPDWLF�6SULQJ�3OHQXP�

'U\�FRPSUHVVHG�1LWURJHQ�LV�UHTXLUHG�IRU�FKDUJLQJ�WKH�VSULQJ�SOHQXP��

3UHVVXUH�'URS����,QOHW�IODQJH�WR�2XWOHW�IODQJH�

$SSUR[LPDWHO\������SVLJ�RQ�JDVROLQH�DW�PD[LPXP�IORZ

3LVWRQ�RQO\��$SSUR[LPDWHO\���LQFKHV�RI�ZDWHU�GXULQJ�D�SURYLQJ�SDVV

$SSURYDOV��)RU�VWDQGDUG�SURYHUV��VL]HV��´�WKUX���´

&DQDGLDQ�6WDQGDUGV�$VVRFLDWLRQ��&6$��IRU�&ODVV����'LYLVLRQ����*URXS�'

)LOH�1XPEHU��/5�����������&ODVV����������3URFHVV�&RQWURO�(TXLSPHQW�IRU�+D]DUGRXV�/RFDWLRQV

3('��&(�0DUN��DQG�$7(;�FHUWLILFDWLRQV�DUH�SHQGLQJ�IRU�DOO�VL]HV

)RU� VSHFLDO� EXLOG� �QRQ� VWDQGDUG�� SURYHUV� RI� DQ\� VL]H�� HOHFWULFDO� V\VWHPV� DUH� FRQVWUXFWHG� XVLQJ

HOHFWULFDO�FRPSRQHQWV�FHUWLILHG�IRU�KD]DUGRXV�ORFDWLRQV���0LQLPXP�FODVVLILFDWLRQ�DV�VWDWHG�DERYH�

&203$&7�3529(5 6(3 ����

,167$//$7,21�$1'�6(7�83 ���

��� ,167$//$7,21�$1'�6(7�83

��� *HQHUDO

7KLV�VHFWLRQ�FRQWDLQV�WKH�SURFHGXUHV�IRU�UHFHLSW�DQG�LQVWDOODWLRQ�RI�WKH�&RPSDFW�3URYHU�

��� 5HFHLSW�RI�(TXLSPHQW

7KH�&RPSDFW�3URYHU�LV�IXOO\�DVVHPEOHG�DQG�WHVWHG�SULRU�WR�VKLSPHQW�IURP�WKH�IDFWRU\��+RZHYHU�

ZKHQ� WKH�HTXLSPHQW� LV� UHFHLYHG�� DOO� FRQWHQWV�RI� WKH� VKLSSLQJ�FUDWH� VKRXOG�EH� LQVSHFWHG� IRU�DQ\

GDPDJH�LQFXUUHG�GXULQJ�VKLSPHQW���8SRQ�UHFHLSW��UHPRYH�WKH�HQYHORSH�FRQWDLQLQJ�WKH�SDFNLQJ�OLVW�

&DUHIXOO\�UHPRYH�WKH�HTXLSPHQW�IURP�WKH�SDFNLQJ�FRQWDLQHU�PDNLQJ�FHUWDLQ�WKDW�QR�UHSODFHPHQW�RU

VSDUH�SDUWV�DUH�GLVFDUGHG�DQG�LQVSHFW�IRU�GDPDJHG�RU�PLVVLQJ�SDUWV����,Q�WKH�HYHQW�WKDW�DQ\�FRQWHQWV

DUH�GDPDJHG��WKH�ORFDO�FDUULHU�VKRXOG�EH�QRWLILHG�DW�RQFH�UHJDUGLQJ�KLV�OLDELOLW\�

,I�DQ\�LWHPV�LQVLGH�WKH�VKLSSLQJ�FUDWH�DUH�PLVVLQJ�RU�GDPDJHG��FRQWDFW�D�'DQLHO�UHSUHVHQWDWLYH�IRU

DVVLVWDQFH���7KH�VHULDO�QXPEHU�DQG�VDOHV�RUGHU�QXPEHU�ZLOO�EH�UHTXLUHG�WR�SURSHUO\�LGHQWLI\�\RXU

RUGHU���$�UHSRUW�ZLOO�EH�VXEPLWWHG�WR�WKH�3URGXFW�6HUYLFH�'HSDUWPHQW��'DQLHO�0HDVXUHPHQW�DQG

&RQWURO�

�����5HWXUQ�6KLSPHQW

%HIRUH�DQ\�DWWHPSW�LV�PDGH�WR�UHWXUQ�WKH�VKLSPHQW��LQ�SDUW�RU�ZKROH��FRQWDFW�D�'DQLHO�UHSUHVHQWDWLYH�

7KH� 'DQLHO� 3URGXFW� 6HUYLFH� 'HSDUWPHQW� LQ� 6WDWHVERUR�� *HRUJLD� RU� +RXVWRQ�� 7H[DV� VKRXOG� EH

FRQWDFWHG�IRU�DOO�UHTXHVWV�RU�LQTXLULHV�UHODWLQJ�WR�VHUYLFH��RSHUDWLRQ��UHSDLU�DQG�RU�UHSODFHPHQW����

'DQLHO�0HDVXUHPHQW�DQG�&RQWURO 'DQLHO�0HDVXUHPHQW�DQG�&RQWURO

$WWQ��6HUYLFH�'HSDUWPHQW $WWQ��6HUYLFH�'HSDUWPHQW

������+LJKZD\�����1RUWK �����2OG�.DW\�5RDG

6WDWHVERUR��*D��������86$ +RXVWRQ��7[�������

7HOHSKRQH�������������� 7HOHSKRQH��������������

)$;�������������� )D[��������������

6(3 ���� &203$&7�3529(5

�63(&,),&$7,216���

��� ,QVWDOODWLRQ

7KH�&RPSDFW�3URYHU�PD\�EH�LQVWDOOHG�SHUPDQHQWO\�LQ�D�SURFHVV�OLQH�RU�XVHG�DV�D�SRUWDEOH�XQLW��7KH

SURYHU�LV�LQWHQGHG�IRU�DERYH�JURXQG�XVH�DQG�VKRXOG�EH�RSHUDWHG�OHYHO�WR�SUHYHQW�WKH�IRUPDWLRQ�RI�DLU

SRFNHWV�ZLWKLQ�WKH�IORZ�WXEH���$�SHUPDQHQWO\�LQVWDOOHG�VWDQGDUG�SURYHU�VKRXOG�EH�VHW�XS�KRUL]RQWDOO\

ZLWK�FRQVLGHUDWLRQV�JLYHQ�WR�WKH�DFFHVVLELOLW\�RI�HOHFWULFDO�SRZHU�DQG�FRQWURO�RSHUDWLRQ���&RQVXOW�D

'DQLHO�UHSUHVHQWDWLYH�IRU�IXUWKHU�LQIRUPDWLRQ�UHJDUGLQJ�SRUWDEOH�SURYHUV�

)RU�RSWLRQDO�YHUWLFDO�LQVWDOODWLRQ��VSHFLDO�PRGLILFDWLRQV�WR�WKH�SURYHU�K\GUDXOLF�V\VWHP

DQG�IORZ�WXEH�VXSSRUWV�ZLOO�EH�UHTXLUHG���7KH�VWDQGDUG�SURYHU�EXLOW�IRU�KRUL]RQWDO

LQVWDOODWLRQ�VKRXOG�QRW�EH�LQVWDOOHG�LQ�D�YHUWLFDO�SRVLWLRQ�ZLWKRXW�SURSHU�PRGLILFDWLRQV�

5HIHU� WR� )LJXUH� ���� IRU� D� W\SLFDO�� SHUPDQHQW�� &RPSDFW� 3URYHU� LQVWDOODWLRQ� LQ� D� SURFHVV� OLQH�

,QVWDOODWLRQ�RI�D�GRXEOH�EORFN�DQG�EOHHG�YDOYH�FRQILJXUDWLRQ�LV�UHFRPPHQGHG�LQ�WKH�SURFHVV�OLQH�WR

DVVXUH�WKDW�DOO�PHWHUHG�IOXLG�LV�SDVVLQJ�WKURXJK�WKH�SURYHU���%H�VXUH�WR�IROORZ�$3,�JXLGHOLQHV�IRU

$16,�IODQJHG�FRQQHFWLRQV�DQG�SURSHU�ORFDWLQJ�GLVWDQFH�IURP�WKH�PHWHU�XQGHU�WHVW���8VH�JDVNHWV�DQG

UHWDLQLQJ�EROWV�RI�SURSHU�VL]H�DQG�SUHVVXUH�UDWLQJ�IRU�SURYHU�LQOHW�DQG�RXWOHW�IODQJHV���5HIHUHQFH�7DEOH

���� IRU�FRUUHFW� IODQJH� LQIRUPDWLRQ�� �&RQVLGHUDWLRQ�RI�DYDLODEOH�ZRUNVSDFH� DURXQG� WKH�SURYHU� LV

QHFHVVDU\�IRU�QRUPDO�RSHUDWLRQ�DQG�PDLQWHQDQFH�

&203$&7�3529(5 6(3 ����

,167$//$7,21�$1'�6(7�83 ���

)LJXUH�������7\SLFDO�3URYHU�,QVWDOODWLRQ

��� 6(783

����� 6XSSO\LQJ�(OHFWULFDO�3RZHU�WR�WKH�&RPSDFW�3URYHU

5HIHUHQFH�7DEOH�����IRU�VWDQGDUG�YROWDJH�DQG�DPSHUDJH�LQIRUPDWLRQ���2SWLRQDO�YROWDJH�DQG�DPSHUDJH

LQIRUPDWLRQ� QRW� OLVWHG� LQ� 7DEOH� ���� LV� SURYLGHG� ZLWK� WKH� GRFXPHQWDWLRQ� SDFNDJH� �HOHFWULFDO

VFKHPDWLF��VKLSSHG�ZLWK�HYHU\�SURYHU���,I�WKLV�LQIRUPDWLRQ�LV�QRW�LQFOXGHG�ZLWK�WKH�VKLSPHQW��FRQWDFW

D�ORFDO�'DQLHO�UHSUHVHQWDWLYH�IRU�DVVLVWDQFH��

6WDQGDUG�SURYHUV�DUH�VKLSSHG�ZLWK�D�PXOWL�FRQGXFWRU�SRZHU�FDEOH�IRU�FRQQHFWLRQ�WR�D�SRZHU�VXSSO\�

,I�DQ�HOHFWULFDO�FRQGXLW�FRQQHFWLRQ�LV�GHVLUHG��UHPRYH�WKH�H[LVWLQJ�SRZHU�FDEOH���$FFHVV�WR�WKH�PRWRU

VWDUWLQJ�VZLWFK�ZLOO�EH�QHFHVVDU\�IRU�WKLV�FRQYHUVLRQ���%H�VXUH�WR�IROORZ�DOO�DSSOLFDEOH�HOHFWULFDO�FRGHV

IRU�WKH�DUHD�RI�LQVWDOODWLRQ�

6(3 ���� &203$&7�3529(5

�63(&,),&$7,216���

����� &RQQHFWLRQ�RI�WKH�2SHUDWLQJ�&RPSXWHU

6WDQGDUG�SURYHUV�DUH�VKLSSHG�ZLWK�D�FRQWURO�FDEOH�IRU�FRQQHFWLRQ�WR�WKH�RSHUDWLQJ�FRPSXWHU��,I�DQ

HOHFWULFDO�FRQGXLW�FRQQHFWLRQ�LV�GHVLUHG��UHPRYH�WKH�H[LVWLQJ�FRQWURO�FDEOH���$FFHVV�WR�WKH�LQWHUIDFH

HQFORVXUH�ZLOO�EH�QHFHVVDU\�IRU�WKLV�FRQYHUVLRQ���%H�VXUH�WR�IROORZ�DOO�DSSOLFDEOH�HOHFWULFDO�FRGHV�IRU

WKH�DUHD�RI�LQVWDOODWLRQ�

7KH�&RPSDFW�3URYHU�FRQWURO�VLJQDOV�DUH�GHVLJQHG�WR�ZRUOGZLGH�FRQWURO�VWDQGDUGV���7KLV�LQFOXGHV

GLJLWDO�DQG�DQDORJ�VLJQDOV���7KH�HOHFWULFDO�VFKHPDWLF�ZLOO�GHILQH�KRZ�HDFK�FRQQHFWLRQ��FRQGXFWRU�

LV�XVHG���0DQXDOV�DQG�LQVWUXFWLRQV�VXSSOLHG�ZLWK�WKH�RSHUDWLRQDO�FRPSXWHU�RI�FKRLFH�ZLOO�DVVLVW�ZLWK

SURSHU�FRQWURO�FRQQHFWLRQV���5HIHUHQFH�6HFWLRQ�����IRU�DGGLWLRQDO�WURXEOHVKRRWLQJ�LQIRUPDWLRQ���,I

\RX�UHTXLUH�IXUWKHU�DVVLVWDQFH�IRU�WKHVH�FRQQHFWLRQV��FRQWDFW�D�ORFDO�'DQLHO�UHSUHVHQWDWLYH�

7KH�RSHUDWLQJ�FRPSXWHU�ZLOO�QHHG�WR�EH�SURSHUO\�FRQILJXUHG�IRU�WKH�DSSOLFDWLRQ�DQG�PXVW�EH�FDSDEOH

RI�'XDO�&KURQRPHWU\�3XOVH�,QWHUSRODWLRQ���7KLV�FDOFXODWLRQ�PHWKRG�UHTXLUHV�WKH�FRPSXWHU�WR�KDYH

D�KLJK�IUHTXHQF\�PDVWHU�RVFLOODWRU��ZKLFK�FRXQWV�WLPH�LQ����������SDUWV�RI�D�VHFRQG�

7KLV�PDVWHU�RVFLOODWRU�PXVW�RSHUDWH�WZR�FRXQWHUV��UHIHUUHG�WR�KHUH�DV�³7LPH�$´�DQG�³7LPH�%´���7LPH

³$��PXVW�VWDUW�FRXQWLQJ�ZKHQ�WKH�IODJ�WULSV�WKH�ILUVW�GHWHFWRU�VZLWFK���7LPH�³%´�PXVW�VWDUW�FRXQWLQJ

ZLWK�WKH�OHDGLQJ�HGJH�RI�WKH�ILUVW�IORZPHWHU�SXOVH�DIWHU�7LPH�$�KDV�VWDUWHG�

&203$&7�3529(5 6(3 ����

,167$//$7,21�$1'�6(7�83 ���

.7LPH $

7LPH %

&

'= � �

� �

7LPH�³$´�LV�VWRSSHG�ZKHQ�WKH�IODJ�WULSV�WKH�ILQDO�GHWHFWRU�VZLWFK���7LPH�³%´�LV�VWRSSHG�ZLWK�WKH

OHDGLQJ�HGJH�RI�WKH�ILUVW�IORZPHWHU�SXOVH�DIWHU�7LPH�³$´�KDV�VWRSSHG���5HIHUHQFH�)LJXUH��������8VLQJ

WKH�UDWLR�RI�&RXQWHU�7LPH�³$´�DQG�&RXQWHU�7LPH�³%´�ZLOO�DOORZ�IRU�DFFXUDWHO\�FRXQWLQJ�D�IUDFWLRQ

RI�D�IORZPHWHU�SXOVH�WR�ZLWKLQ���SDUW�LQ��������DV�VKRZQ�EHORZ�

.� .�)DFWRU��RU�FRXQWV�SHU�XQLW�YROXPH��IURP�WKH�IORZPHWHU

$� 7LPH�IRU�GLVSODFHG�YROXPH

%� 7LPH�IRU�ZKROH�PHWHU�SXOVHV

&� 7RWDO�QXPEHU�RI�ZKROH�PHWHU�SXOVHV

'� 'LVSODFHG�YROXPH

4XDOLILHG�SHUVRQQHO�ZKR�DUH�NQRZOHGJHDEOH�RI� WKH� FRPSXWHU¶V� RSHUDWLQJ� V\VWHP�� FRQILJXUDWLRQ

YDULDEOHV��DQG�FRPSDFW�SURYLQJ�DSSOLFDWLRQV�VKRXOG�FRPSOHWH�WKH�FRQILJXUDWLRQ�RI�WKH�RSHUDWLQJ

FRPSXWHU�

)LJXUH�������'RXEOH�&KURQRPHWU\

6(3 ���� &203$&7�3529(5

�63(&,),&$7,216���

����� ���RU���9�'&�,QWHUIDFH�%RDUG

7KHUH�DUH�WZR�����GLIIHUHQW�VW\OHV�RI�LQWHUIDFH�ERDUGV����9�'&�DQG������9�'&���6HH�)LJXUH�����DQG

������7KH�SRZHU�UHTXLUHG�IRU�WKH�LQWHUIDFH�ERDUG�LV�VXSSOLHG�WKURXJK�WKH�FRQWURO�FDEOH���7KH�'&

SRZHU�VRXUFH�LV�W\SLFDOO\�ORFDWHG�LQ�WKH�FRQWURO�URRP�RU�FDQ�EH�VXSSOLHG�IURP�WKH�RSHUDWLQJ�FRPSXWHU

LI�VR�HTXLSSHG��6HH�WKH�HOHFWULFDO�VFKHPDWLF�SURYLGHG�ZLWK�WKH�SURYHU�GRFXPHQWDWLRQ�SDFNDJH�IRU

SURSHU�FRQQHFWLRQV�RI�WKH�FRQWURO�FDEOH�

7KH���9�LQWHUIDFH�ERDUG� LV�GHVLJQHG� WR�RSHUDWH�RQ���9�'&�����������P$�PD[���7KH������9

LQWHUIDFH�ERDUG�FDQ�RSHUDWH�RQ�HLWKHU��������������P$�PD[��RU���9�'&�����������P$�PLQ�

GHSHQGLQJ�RQ�WKH�FRQILJXUDWLRQ�RI�MXPSHU�-���VHH�)LJXUH�������)RU���9�RSHUDWLQJ�SRZHU��-��PXVW�EH

MXPSHUHG�WR�SLQV���DQG�����)RU���9�RSHUDWLRQ��-��PXVW�EH�MXPSHUHG�WR�SLQV���DQG�����,I�RSHUDWLQJ

YROWDJH�LV�DSSOLHG�LQFRUUHFWO\��WKHUH�LV�DQ�LQWHJUDO�IXVH�IRU�ERDUG�SURWHFWLRQ���,Q�WKH�HYHQW�WKDW�WKH�IXVH

LV�EORZQ��FRQILUP�WKH�FRQILJXUDWLRQ�RI�MXPSHU�-��DQG�UHSODFH�WKH�IXVH�ZLWK�D����P$��IDVW�EORZ�IXVH

21/<��

7KH������9�LQWHUIDFH�ERDUG�LV�LQVWDOOHG�LQ�DOO�&RPSDFW�3URYHUV�PDGH�DIWHU�6HSWHPEHU�������,W�PD\

DOVR� EH� XVHG� WR� UHSODFH� WKH� ��9� LQWHUIDFH� ERDUG� RQ� ROGHU� PRGHO� SURYHUV�� � &RQWDFW� D� 'DQLHO

UHSUHVHQWDWLYH�LI�\RX�DUH�XQVXUH�ZKLFK�LQWHUIDFH�ERDUG�\RXU�&RPSDFW�3URYHU�LV�HTXLSSHG�ZLWK�RU�LI

\RX�QHHG�DVVLVWDQFH�UHSODFLQJ�WKH�ROG���9�ERDUG�ZLWK� WKH�QHZ������9�ERDUG�� �5HTXHVW�VHUYLFH

EXOOHWLQ�6(����IRU�GHWDLOHG�UHWURILW�LQIRUPDWLRQ�

&203$&7�3529(5 6(3 ����

,167$//$7,21�$1'�6(7�83 ���

)LJXUH���������9�3URYHU�,QWHUIDFH�%RDUG

-���7R�2SWLFDO�$VVHPEO\

�������SLQ���QRW�XVHG�

-���7R�&RQWURO�&RQQHFWLRQ

-���7R�:DWHU�'UDZ�+DUGZDUH�.LW

-���7R�5XQ�9DOYH

-���)RU�([WHUQDO�&RQWURO�RI�6��DQG�6�

6���5XQ�±�5HWXUQ

6���8SVWUHDP���'RZQVWUHDP

)LJXUH������������9�3URYHU�,QWHUIDFH�%RDUG

-���7R�2SWLFDO�$VVHPEO\

�������SLQ���QRW�XVHG�

-���7R�&RQWURO�&RQQHFWLRQ

-���7R�:DWHU�'UDZ�+DUGZDUH�.LW

-���7R�5XQ�9DOYH

-���)RU�([WHUQDO�&RQWURO�RI�6��DQG�6�

-����������9�2SHUDWLRQ

�������������9�2SHUDWLRQ�

6���5XQ�±�5HWXUQ

6���8SVWUHDP���'RZQVWUHDP

����� &KDUJLQJ�WKH�3QHXPDWLF�6SULQJ�3OHQXP

7KH�SQHXPDWLF�VSULQJ�SOHQXP�PXVW�EH�FKDUJHG�IRU�SURSHU�RSHUDWLRQ���7KH�SURYHU�LV�VKLSSHG�IURP�WKH

IDFWRU\�ZLWK�DQ�HPSW\�VSULQJ�SOHQXP�IRU�VDIHW\���1LWURJHQ�LV�127�VXSSOLHG�ZLWK�WKH�&RPSDFW�3URYHU

DQG�PXVW�WR�EH�DFTXLUHG�ORFDOO\�EHIRUH�PHWHU�SURYLQJ�FDQ�EHJLQ���&DOFXODWLRQV�IRU�SURSHU�SUHVVXUH

VHWWLQJV�RI�WKH�VSULQJ�SOHQXP�DUH�GLVFXVVHG�LQ�6HFWLRQ�����

6(3 ���� &203$&7�3529(5

�63(&,),&$7,216���

$V�DQ�RSWLRQ��WKH�&RPSDFW�3URYHU�PD\�EH�HTXLSSHG�ZLWK�DQ�DXWRPDWLF�SOHQXP�DGMXVWPHQW�SDQHO�

7KH�SDQHO�FRQVLVWV�RI�FKDUJH�DQG�YHQW�VROHQRLG�YDOYHV�DQG�D�SUHVVXUH�WUDQVPLWWHU���$�W\SLFDO�SDQHO

LV�VKRZQ�LQ�)LJXUH������D�FRQQHFWLRQ�GLDJUDP�LV�VKRZQ�LQ�)LJXUH�������$Q�RSHUDWLQJ�FRPSXWHU�ZLWK

WKH�DGMXVWPHQW�URXWLQH�SUH�SURJUDPPHG��XVLQJ�DQ�DQDORJ�LQSXW������P$��DQG�WZR�GLJLWDO�RXWSXWV�

ZLOO�EH�DEOH�WR�DXWRPDWLFDOO\�DGMXVW�WKH�VSULQJ�SOHQXP�SUHVVXUH�EHIRUH�SURYLQJ�UXQV�EHJLQ�

)LJXUH�������1LWURJHQ�$GMXVW�3DQHO

&203$&7�3529(5 6(3 ����

,167$//$7,21�$1'�6(7�83 ���

��� %DVH�9ROXPH�&HUWLILFDWLRQ

7KH�SURYHU�EDVH�YROXPH�KDV�EHHQ�FHUWLILHG�DW�WKH�IDFWRU\�XVLQJ�WKH�YROXPHWULF�GLVSODFHPHQW�PHWKRG

�ZDWHU�GUDZ��SHU�$3,�JXLGHOLQHV���7KH�EDVH�YROXPH�KDV�EHHQ�DGMXVWHG�WR�����JDXJH�SUHVVXUH�DQG�WKH

UHIHUHQFH�WHPSHUDWXUH�DV�VWDWHG�RQ�WKH�YROXPHWULF�GHWHUPLQDWLRQ�UHSRUW�VXSSOLHG�ZLWK�HDFK�SURYHU

GRFXPHQWDWLRQ�SDFNDJH�� �7KH�RSHUDWLQJ�FRPSXWHU�ZLOO�QHHG� WR�EH�SURJUDPPHG�ZLWK� WKHVH�EDVH

YROXPHV���8SVWUHDP�RU�GRZQVWUHDP�YROXPHV�ZLOO�EH�XVHG�GHSHQGLQJ�RQ�WKH�DSSOLFDWLRQ�DQG�ORFDWLRQ

RI�WKH�PHWHU�XQGHU�WHVW��

7KH� YROXPHWULF� GLVSODFHPHQW� �ZDWHU� GUDZ�� WHFKQLTXH�� GHVFULEHG� LQ� 6HFWLRQ� ����� LV� WKH� IDFWRU\

UHFRPPHQGHG� SURFHGXUH� IRU� FHUWLILFDWLRQ� RI� WKH� EDVH� YROXPH� RI� WKH� &RPSDFW� 3URYHU�� � ,W� LV

UHFRPPHQGHG� WKDW� WKLV� SURFHGXUH� EH� UHSHDWHG� DW� UHJXODU� LQWHUYDOV� WR� FRQILUP�SURSHU� RSHUDWLRQ�

)UHTXHQF\�RI�EDVH�YROXPH�GHWHUPLQDWLRQ�LV�GHSHQGHQW�RQ�XVDJH��EXW�VKRXOG�QRW�H[FHHG���\HDUV�

&HUWLILFDWLRQ�ZLOO�EH�QHFHVVDU\�IROORZLQJ�UHSDLU�RU�VHUYLFH�SURFHGXUHV�LQYROYLQJ�DQ\�GLVDVVHPEO\�RU

VHDO�UHSODFHPHQW�RI�WKH�SLVWRQ��SRSSHW�RU�IORZ�WXEH���&HUWLILFDWLRQ�LV�QRW�QHFHVVDU\�IROORZLQJ�UHSDLU

RI�WKH�K\GUDXOLF�F\OLQGHU�LI�WKH�IORZ�WXEH�LV�QRW�GLVDVVHPEOHG���)RU�VSHFLILF�LQIRUPDWLRQ�UHJDUGLQJ

SURYHU�EDVH�YROXPH�FHUWLILFDWLRQ�UHODWHG�WR�PDLQWHQDQFH�RI�WKH�RSWLFDO�DVVHPEO\��VHH�6HFWLRQ�����

)LJXUH�������&RQQHFWLRQ�'LDJUDP

6(3 ���� &203$&7�3529(5

�63(&,),&$7,216����

7KLV�SDJH�LQWHQWLRQDOO\�OHIW�EODQN�

&203$&7�3529(5 6(3 ����

23(5$7,21 ���

��� 23(5$7,21

��� *HQHUDO�2SHUDWLRQDO�7KHRU\

7KH�RSHUDWLRQDO�VHTXHQFH�RI�WKH�&RPSDFW�3URYHU�LV�DV�IROORZV�

�� 7KH�PHDVXUHPHQW�SLVWRQ�LV�QRUPDOO\�LQ�WKH�XSVWUHDP��VWDQGE\��SRVLWLRQ��ZLWK�WKH�SRSSHW

YDOYH�RSHQ��DQG�LV�KHOG�LQ�SODFH�E\�WKH�K\GUDXOLF�SUHVVXUH�RQ�WKH�DFWXDWRU�SLVWRQ��)LJXUH������

�� 7KH�K\GUDXOLF�FRQWURO�YDOYH�RSHQV�DQG�UHOHDVHV�WKH�K\GUDXOLF�SUHVVXUH���3UHVVXUH�IURP�WKH

SQHXPDWLF�VSULQJ�SOHQXP��RQ�WKH�XSVWUHDP�VLGH�RI�WKH�DFWXDWRU�SLVWRQ��FORVHV�WKH�SRSSHW

YDOYH�DQG�WKH�SLVWRQ�EHJLQV�PRYLQJ�GRZQVWUHDP�DW�WKH�SURFHVV�IOXLG�IORZ�UDWH��)LJXUH������

�� $V�WKH�PHDVXUHPHQW�SLVWRQ�PRYHV�GRZQVWUHDP��WKH�RSWLFDO�YROXPH�VZLWFKHV�DUH�µWULSSHG¶�E\

WKH�IODJ�FRQQHFWHG�WR�WKH�SLVWRQ��)LJXUH��������7KHVH�YROXPH�VZLWFK�VLJQDOV�DUH�LQVWDQWO\�VHQW

WR�WKH�RSHUDWLQJ�FRPSXWHU�IRU�FDOFXODWLRQV�GLVFXVVHG�LQ�6HFWLRQ�����

�� :KHQ�WKH�IODJ�WULSV�WKH�VHFRQG�RSWLFDO�YROXPH�VZLWFK��WKH�K\GUDXOLF�FRQWURO�YDOYH�FORVHV�

+\GUDXOLF�SUHVVXUH�EXLOGV�DQG�EHJLQV� WR�SXVK� WKH�DFWXDWRU�SLVWRQ�XSVWUHDP��RSHQLQJ� WKH

SRSSHW�YDOYH���3URFHVV�IOXLG�LV�WKHQ�DOORZHG�WR�IORZ�WKURXJK�WKH�SLVWRQ��)LJXUH������

�� 7KH�DFWXDWRU�SLVWRQ��PHDVXUHPHQW�SLVWRQ��SRSSHW��DFWXDWRU�VKDIW��GHWHFWRU�VKDIW�DQG�IODJ�ZLOO

WKHQ�PRYH�EDFN�WR�WKH�XSVWUHDP��VWDQGE\��SRVLWLRQ��)LJXUH��������2QFH�WKH�XSVWUHDP�SRVLWLRQ

LV�UHDFKHG��)LJXUH�������WKH�K\GUDXOLF�SXPS�ZLOO�DVVXPH�LW¶V�QHXWUDO�FRQGLWLRQ�PDLQWDLQLQJ

K\GUDXOLF�SUHVVXUH�WR�KROG�WKH�PHDVXUHPHQW�SLVWRQ�XSVWUHDP���7KH�SURYHU�LV�QRZ�UHDG\�WR

EHJLQ�DQRWKHU�SDVV��

$�SRVLWLYH�VWRS�IHDWXUH�LV�LQFRUSRUDWHG�LQWR�WKH�RXWOHW�IODQJH�IRU�IDLOVDIH�RSHUDWLRQ��7KLV

SUHYHQWV�DQ\�DFFLGHQWDO�EORFNDJH�RI�WKH�SURFHVV�IORZ�VWUHDP���5HIHUHQFH�)LJXUH�����

6(3 ���� &203$&7�3529(5

�23(5$7,21���

)LJXUH�����6WDQGE\�3RVLWLRQ

)LJXUH�����,QLWLDO�0RWLRQ

&203$&7�3529(5 6(3 ����

23(5$7,21 ���

)LJXUH�������3URYLQJ

)LJXUH�������(QG�RI�3URYLQJ�5XQ

6(3 ���� &203$&7�3529(5

�23(5$7,21���

)LJXUH�������3LVWRQ�5HWXUQLQJ�WR�8SVWUHDP�3RVLWLRQ

&203$&7�3529(5 6(3 ����

23(5$7,21 ���

3OHQXP�3UHVVXUH = +3LSHOLQH *DXJH SVLJ

5SVLJ

� ���

��� 2SHUDWLQJ�,QVWUXFWLRQV

7KH�&RPSDFW�3URYHU�VKRXOG�EH�FRQQHFWHG�WR�WKH�SURFHVV�OLQH��VLPLODU�WR�)LJXUH������HLWKHU�XSVWUHDP

RU�GRZQVWUHDP�RI� WKH�PHWHU�XQGHU� WHVW�� �(OHFWULFDO�SRZHU�VKRXOG�EH�VXSSOLHG�DQG� WKH�RSHUDWLQJ

FRPSXWHU�VKRXOG�EH�FRQQHFWHG�WR�WKH�SURYHU��7KH�RSHUDWLQJ�FRPSXWHU�VKRXOG�DOVR�EH�FRQILJXUHG�IRU

WKH�DSSOLFDWLRQ���,I�WKHVH�FRQGLWLRQV�DUH�QRW�PHW��'2�127�DWWHPSW�WR�RSHUDWH�WKH�&RPSDFW�3URYHU�

5HIHU�WR�6HFWLRQ���IRU�,QVWDOODWLRQ�DQG�6HW�XS�SURFHGXUHV�

�� &KHFN�DOO�GUDLQ�DQG�YHQW�YDOYHV�WR�EH�VXUH�WKDW�WKH\�DUH�FORVHG���9HQWV�DQG�GUDLQV�DUH�ORFDWHG

RQ�WKH�WRS�DQG�ERWWRP�RI�WKH�IORZ�WXEH�HQG�IODQJHV���5HIHUHQFH�)LJXUH�����

��� 2SHQ�WKH�VSULQJ�SOHQXP�VKXW�RII�YDOYH���

�� 7KH� SQHXPDWLF� VSULQJ� SOHQXP�PXVW� EH� FKDUJHG�ZLWK� GU\� QLWURJHQ� IRU� SURSHU� RSHUDWLRQ�

&KHFN�WKH�SUHVVXUH�LQ�WKH�VSULQJ�SOHQXP���7KHUH�ZLOO�EH�D�IDFWRU\�LQVWDOOHG�JDJH�PRXQWHG�WR

WKH�SOHQXP�WDQN�IRU�UHIHUHQFH��)LJXUH��������7KH�SURSHU�SOHQXP�SUHVVXUH�LV�GHWHUPLQHG�E\

WKH�IROORZLQJ�IRUPXOD�

ZKHUH�5�LV�D�NQRZQ�FRQVWDQW�IRU�HDFK�VL]H�SURYHU���6HH�7DEOH�����EHORZ�

7DEOH�������6SULQJ�3OHQXQ�µ5¶�9DOXHV

3URYHU�6L]H 5

�� ���

����0LQL ���

��� ���

��� �

��� ����

��� ����

��� ����

6(3 ���� &203$&7�3529(5

�23(5$7,21���

)LJXUH�������6SULQJ�3OHQXP

,I�WKH�SOHQXP�SUHVVXUH�LV�JUHDWHU�WKDQ�WKH�FDOFXODWHG�YDOXH��WKH�H[FHVV�SUHVVXUH�PXVW�EH�YHQWHG�IURP

WKH�SOHQXP���,I�WKH�SOHQXP�SUHVVXUH�LV�OHVV�WKDQ�WKH�FDOFXODWHG�YDOXH��WKH�VXSSO\�ERWWOH�ZLOO�QHHG�WR

IXUQLVK� WKH�QHFHVVDU\�SUHVVXUH� QHHGHG�� �&RQQHFW� WKH� VXSSO\�ERWWOH� DFFRUGLQJ� WR�PDQXIDFWXUHU¶V

LQVWUXFWLRQV�DQG�FKDUJH�WKH�VSULQJ�SOHQXP�WR�WKH�UHTXLUHG�SUHVVXUH�

1RWHV�

��� $V�D�JXLGHOLQH��VSULQJ�SOHQXP�SUHVVXUH�VKRXOG�EH�ZLWKLQ���WR�����RI�WKH

FDOFXODWHG�SUHVVXUH�

��� ,I�SURYHU�LQVWDOODWLRQ�LV�YHUWLFDO��XVH����SVLJ�LQ�WKH�DERYH�IRUPXOD�LQ�SODFH

RI����SVLJ�

��� )RU�SURYHUV�HTXLSSHG�ZLWK�WKH�$XWRPDWLF�3OHQXP�$GMXVWPHQW�3DQHO�

SOHQXP�SUHVVXUH�VKRXOG�EH�DXWRPDWLFDOO\�DGMXVWHG�EHIRUH�WKH�SURYLQJ

F\FOH�EHJLQV�� �7KH�RSHUDWLQJ� FRPSXWHU� VKRXOG�EH� FRQILJXUHG� IRU� WKLV

DSSOLFDWLRQ���6HH�6HFWLRQ�����IRU�6HW�XS�LQIRUPDWLRQ�

�� :LWK�WKH�K\GUDXOLF�V\VWHP�PRWRU�QRW�UXQQLQJ��FKHFN�WR�VHH�WKDW�WKH�K\GUDXOLF�UHVHUYRLU�LV

ILOOHG�WR�DSSUR[LPDWHO\�����FDSDFLW\���,I�QRW��ILOO�WDQN�WR�SURSHU�OHYHO�XVLQJ�K\GUDXOLF�IOXLG

VSHFLILHG�LQ�6HFWLRQ�����

�� 7XUQ�RQ�WKH�K\GUDXOLF�SXPS���7KH�K\GUDXOLF�SUHVVXUH�VKRXOG�EXLOG�WR���������SVLJ�RQFH�WKH

SLVWRQ�UHDFKHV�WKH�XSVWUHDP��VWDQG�E\��SRVLWLRQ���7KLV�LV�YHULILHG�E\�WKH�K\GUDXOLF�V\VWHP

SUHVVXUH�JDJH��W\SLFDOO\�ORFDWHG�RQ�WKH�K\GUDXOLF�SXPS��)LJXUH������

�� 6ORZO\�RSHQ�WKH�LQOHW�YDOYH�WR�DOORZ�WKH�SURFHVV�IOXLG�WR�IORZ�LQWR�WKH�SURYHU�

&203$&7�3529(5 6(3 ����

23(5$7,21 ���

�� 9HQW�DOO�DLU�IURP�WKH�V\VWHP�XVLQJ�WKH�KDQG�YDOYHV�ORFDWHG�RQ�WKH�WRS�DQG�ERWWRP�RI�WKH�LQOHW

DQG�RXWOHW�IODQJHV�RI�WKH�IORZ�WXEH���6ORZO\�FORVH�WKH�SURFHVV�IOXLG�GLYHUWHU�YDOYH��GRXEOH

EORFN�DQG�EOHHG��DQG�RSHQ�WKH�RXWOHW�YDOYH���7KH�SURYHU�LV�QRZ�UHDG\�WR�EHJLQ�WKH�SURYLQJ

F\FOH�

)LJXUH�������+\GUDXOLF�6\VWHP

�� &RQQHFW�WKH�VLJQDO�FDEOH�IURP�WKH�PHWHU�XQGHU�WHVW�WR�WKH�RSHUDWLQJ�FRPSXWHU�IRU�SURYLQJ

RSHUDWLRQV���2QFH�WKH�RSHUDWLQJ�FRPSXWHU�UHFHLYHV�DOO�WKH�VLJQDOV��SURYLQJ�UXQV�FDQ�EHJLQ�

5HIHUHQFH�WKH�RSHUDWLQJ�FRPSXWHU�LQVWUXFWLRQ�PDQXDO�IRU�SURSHU�FRPSXWHU�RSHUDWLRQ�

6(3 ���� &203$&7�3529(5

�23(5$7,21���

'LVSRVDO�RI�GUDLQHG�IOXLG�VKRXOG�EH�GRQH�LQ�DQ�HQYLURQPHQWDOO\�UHVSRQVLEOH�PDQQHU�

�� $IWHU� SURYLQJ� UXQV� DUH� FRPSOHWHG� DQG� UHVXOWV� DUH� VDWLVIDFWRU\�� WKH� SURFHVV� IORZ�PD\�EH

GLYHUWHG�EDFN�WR�WKH�SURFHVV�OLQH�DV�GHVFULEHG�LQ�VWHSV����DQG������2QFH�WKLV�LV�GRQH��SRZHU

GRZQ�WKH�SURYHU�

,I�WKH�SURFHVV�IORZ�LV�WR�EH�OHIW�UXQQLQJ�WKURXJK�WKH�SURYHU��EH�VXUH�WR�OHDYH�WKH�K\GUDXOLF

V\VWHP�PRWRU�UXQQLQJ���7KH�K\GUDXOLF�SXPS�ZLOO�JR�LQWR�E\�SDVV�PRGH�DQG�KROG�WKH�SLVWRQ

XSVWUHDP���7KH�PRWRU�ZLOO�GUDZ�PLQLPDO�FXUUHQW�IRU�ORZ�SRZHU�FRQVXPSWLRQ�

��� 2SHQ� WKH� SURFHVV� IOXLG� GLYHUWHU� YDOYH� �GRXEOH� EORFN� DQG� EOHHG�� DQG� VORZO\� FORVH� WKH

LQOHW�RXWOHW�YDOYHV�WR�WKH�SURFHVV�OLQH�

��� 'UDLQ�WKH�SURYHU�IORZ�WXEH�E\�RSHQLQJ�WKH�DSSURSULDWH�GUDLQ�DQG�YHQW�YDOYHV�ORFDWHG�RQ�WKH

WRS�DQG�ERWWRP�RI�WKH�LQOHW�DQG�RXWOHW�IODQJHV�

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ���

���� 0$,17(1$1&(

��� 6HDO�/HDN�&KHFN

)RU�IDFWRU\�SDUW�QXPEHU�RI�VHDO�/HDN�'HWHFWRU�.LW��VHH�6HFWLRQ����3DUWV�

5HIHUHQFH�)LJXUHV�����DQG�����

)LJXUH�������/HDN�'HWHFWRU�.LW

,W�LV�(66(17,$/�WKDW�WKH�OLTXLG�DQG�SURYHU�WHPSHUDWXUHV�UHPDLQ�VWDEOH�GXULQJ�WKH�OHDN

FKHFN�SURFHGXUH�DV�WKHUPDO�H[SDQVLRQ�RU�FRQWUDFWLRQ�ZLOO�JLYH�LQFRUUHFW�UHVXOWV�

7KH�NLW�VKRZQ�LQ�)LJXUH�����LV�GHVLJQHG�WR�RSHUDWH�ZLWK�WKH�2SWLFDO�$VVHPEO\�FRYHU�WXEH�VHFXUHO\

DQFKRUHG�LQ�SODFH���7KH�PRXQWLQJ�ERVV�RQ�WKH�RXWERDUG�HQG�RI�WKH�FRYHU�WXEH�PXVW�EH�DSSUR[LPDWHO\

����IURP�WKH�VXSSRUW�EUDFNHW���5H�SRVLWLRQ�LI�QHFHVVDU\��

6(3 ���� &203$&7�3529(5

0$,17(1$1&(���

7KH�&RPSDFW�3URYHU�PHDVXUHPHQW�SLVWRQ�VHDOV�PD\�EH�FKHFNHG�DV�IROORZV�

�� %ORFN�WKH�SURYHU�287/(7�XVLQJ�D�GRXEOH�EORFN�DQG�EOHHG�YDOYH��EXEEOH�WLJKW�VKXW�RII��RU

EOLQG�IODQJHV���&KHFN�WKH�EORFN�DQG�HOLPLQDWH�DQ\�OHDNV�

�� )LOO�WKH�SURYHU�ZLWK�IOXLG�DQG�EOHHG�$//�$,5�IURP�WKH�IORZ�WXEH�E\�RSHUDWLQJ�WKH�YHQW

YDOYHV�ORFDWHG�RQ�WKH�LQOHW�DQG�RXWOHW�IODQJHV���7KLV�RSHUDWLRQ�PD\�PRYH�WKH�PHDVXUHPHQW

SLVWRQ�ZLWKLQ�WKH�IORZ�WXEH���9HULI\�WKDW�DOO�WKH�YHQW�DQG�GUDLQ�YDOYHV�RQ�WKH�SURYHU�DUH�IUHH

IURP�OHDNV���(OLPLQDWH�DQ\�DQG�DOO�OHDNV�LI�QHFHVVDU\�

�� 9HULI\�WKH�VSULQJ�SOHQXP�SUHVVXUH�IRU�WKH�IOXLG�SUHVVXUH�DSSOLHG���6HH�6HFWLRQ������VWHS����IRU

SURSHU�FDOFXODWLRQV���$GMXVW�WKH�VSULQJ�SOHQXP�SUHVVXUH�WR�WKH�FRUUHFW�FDOFXODWHG�YDOXH��$

PLQLPXP�RI����SVLJ�LV�UHTXLUHG�

�� 5HPRYH�WKH�VFUHZ�IURP�WKH�ERVV�RQ�WKH�HQG�RI�WKH�RSWLFDO�FRYHU���7KUHDG�WKH�LQGLFDWRU�VWDQG

LQWR�WKH�ERVV���0RXQW�WKH�GLDO�LQGLFDWRU�RQWR�WKH�LQGLFDWRU�VWDQG���5HPRYH�WKH�VFUHZ�IURP�WKH

HQG�RI�WKH�RSWLFDO�VXSSRUW�VWXG�

)LJXUH�������/HDN�'HWHFWRU�.LW�,QVWDOOHG

�� 3ODFH�WKH�PHDVXUHPHQW�SLVWRQ�LQ�WKH�XSVWUHDP�SRVLWLRQ�IRU�VLPSOH�DWWDFKPHQW�RI�WKH�LQGLFDWRU

URG��7KH�PHDVXUHPHQW�SLVWRQ�PD\�EH�PRYHG�XSVWUHDP�E\�DFWLYDWLQJ�WKH�K\GUDXOLF�V\VWHP�

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ���

0(&+$1,&$/�(48,30(17�'$0$*(

'R�QRW�DOORZ�LQGLFDWRU�URG�WR�FRPSOHWHO\�JR�LQWR�WKH�VXSSRUW�VWXG�ZKLOH�PRYLQJ�WKH

PHDVXUHPHQW�SLVWRQ�GRZQVWUHDP�

$OORZLQJ�WKH�LQGLFDWRU�URG�WR�JR�FRPSOHWHO\�LQWR�WKH�VXSSRUW�VWXG�PD\�UHVXOW�LQ�VHYHUH

GDPDJH�WR�WKH�HTXLSPHQW��

�� 7KH�LQGLFDWRU�URG�LV�GHVLJQHG�LQ�PXOWLSOH�VHFWLRQV�WR�VSDQ�D�GLVWDQFH�WKDW�ZLOO�UHDFK�WKH�OHQJWK

RI�WKH�RSWLFDO�DVVHPEO\���7KLV�DOORZV�IRU�PXOWLSOH�OHDN�FKHFN�SRVLWLRQV�DORQJ�WKH�IORZ�WXEH�

7KH�ILUVW�URG�SLHFH�WR�EH�XVHG�LV�WKH�SLHFH�ZLWK�WKH�ODUJHU�WKUHDG���,QVHUW�WKLV�SLHFH�WKURXJK

WKH�KROH�LQ�WKH�VXSSRUW�VWXG�DQG�WKUHDG�LQWR�WKH�HQG�RI�WKH�GHWHFWRU�VKDIW���$GG�URG�VHFWLRQV

DV�QHFHVVDU\�WR�UHDFK�OHDN�FKHFN�SRVLWLRQV�GHVLUHG��SD\�DWWHQWLRQ�WR�WKH�DUHD�EHWZHHQ�WKH

YROXPH�VZLWFKHV��7KH�PHDVXUHPHQW�SLVWRQ�FDQ�EH�PRYHG�GRZQVWUHDP�E\�UHOHDVLQJ�SUHVVXUH

RQ�WKH�RXWOHW�IODQJH�YHQW�YDOYH�

�� %H�FHUWDLQ�WKH�K\GUDXOLF�V\VWHP�PRWRU�LV�QRW�UXQQLQJ�EHIRUH�WKH�OHDN�FKHFN�WHVW�EHJLQV���7KLV

DVVXUHV�WKDW�RQO\�WKH�VSULQJ�SOHQXP�SUHVVXUH�LV�DFWLQJ�RQ�WKH�PHDVXUHPHQW�SLVWRQ���

�� 3RVLWLRQ�WKH�GLDO�LQGLFDWRU�SUREH�QHDU�WKH�LQGLFDWRU�URG���6OLGH�WKH�VFUHZ�FROODU�GRZQ�WKH

LQGLFDWRU�URG�XQWLO�FRQWDFW�LV�PDGH�ZLWK�WKH�SUREH�RI�WKH�GLDO�LQGLFDWRU���0RYH�WKH�VFUHZ

FROODU�RQO\�VOLJKWO\�PRUH�LQ�RUGHU�WR�µSUH�ORDG¶�WKH�GLDO�LQGLFDWRU�DQG�WKHQ�WLJKWHQ�WKH�FROODU

WR�WKH�LQGLFDWRU�URG���

�� =HUR�WKH�GLDO�LQGLFDWRU�DQG�PRQLWRU�IRU�ILYH�PLQXWHV���$�GLDO�LQGLFDWRU�PRYHPHQW�JUHDWHU�WKDQ

������LQFKHV�LQ�ILYH�PLQXWHV�LQGLFDWHV�WKDW�D�OHDN�LV�SUHVHQW�LQ�WKH�V\VWHP���,QVSHFW�WKH�V\VWHP

DQG� HOLPLQDWH� DQ\� OHDNV�� 5HPRYH� DQ\� SRVVLEOH� WUDSSHG� DLU�� � 6HH� 6HFWLRQ� �� IRU� GHWDLOHG

LQVWUXFWLRQV�RQ�0HDVXUHPHQW�3LVWRQ�VHDO�UHSODFHPHQW�LI�QHFHVVDU\�

��� 2QFH�WHVWLQJ�LV�FRPSOHWH�DQG�UHVXOWV�DUH�VDWLVIDFWRU\��UHWXUQ�WKH�PHDVXUHPHQW�SLVWRQ�WR�WKH

IXOO� XSVWUHDP� SRVLWLRQ� DQG� UHPRYH� DOO� SDUWV� RI� WKH� LQGLFDWRU� URG� DQG� WKH� UHPDLQLQJ

FRPSRQHQWV�RI�WKH�VHDO�/HDN�'HWHFWRU�.LW�IURP�WKH�SURYHU�DQG�UHSODFH�WKH�VFUHZV�LQ�WKH

VXSSRUW�VWXG�DQG�PRXQWLQJ�ERVV�

6(3 ���� &203$&7�3529(5

0$,17(1$1&(���

%HIRUH�FHUWLILFDWLRQ�LV�DWWHPSWHG��WKH�SURYHU�VKRXOG�EH�OHYHO�DQG�LVRODWHG�IURP�DQ\

FRQQHFWLQJ�SLSLQJ�V\VWHPV�RWKHU�WKDQ�WKRVH�UHODWHG�WR�WKH�ZDWHU�GUDZ���,Q�FKRRVLQJ�WKH

ORFDWLRQ�RI�WKH�SURYHU�GXULQJ�WKH�WHVW��WHPSHUDWXUH�YDULDWLRQV�PXVW�EH�FRQVLGHUHG��

7HPSHUDWXUHV�PXVW�EH�PDLQWDLQHG�DV�VWDEOH�DV�SRVVLEOH�WKURXJKRXW�WKH�RSHUDWLRQ�

��� %DVH�9ROXPH�'HWHUPLQDWLRQ

����� &HUWLILFDWLRQ�7HFKQLTXHV�

&RPSDFW�3URYHU�EDVH�YROXPH�GHWHUPLQDWLRQ�YDULHV�ZLWK�IUHTXHQF\�RI�XVH�DQG�RSHUDWLQJ�HQYLURQPHQW�

$QQXDO�EDVH�YROXPH�UH�FHUWLILFDWLRQ�LV�W\SLFDO���5H�FHUWLILFDWLRQ�F\FOHV�VKRXOG�QRW�H[FHHG�WKUHH����

\HDUV�� � 7KH� YROXPH�GHWHUPLQDWLRQ� SURFHGXUHV� LQ� WKLV�PDQXDO� DUH� GHVLJQHG� WR� DVVLVW� WKH� XVHU� LQ

FUHDWLQJ�DQ�HIIHFWLYH�FHUWLILFDWLRQ�SURJUDP�

7KH�H[DFW�XSVWUHDP�DQG�GRZQVWUHDP�EDVH�YROXPHV�PXVW�EH�NQRZQ�IRU�FRUUHFW�SURYLQJ�FDOFXODWLRQV�

)RU�H[DPSOH��D���´�&RPSDFW�3URYHU�ZLWK�D�QRPLQDO�YROXPH�RI����8�6��JDOORQV�FRXOG�EH�GHWHUPLQHG

WR�KDYH�DQ�H[DFW�YROXPH�RI����������RU����������JDOORQV���7KHVH�W\SHV�RI�QXPEHUV�DUH�W\SLFDO�DQG

QHFHVVDU\���7KH�SDUWLFXODU�YROXPH�XVHG�LV�GHWHUPLQHG�E\�WKH�SK\VLFDO�ORFDWLRQ�RI�WKH�PHWHU�XQGHU�WHVW�

HLWKHU�XSVWUHDP�RU�GRZQVWUHDP�RI�WKH�SURYHU���,I�RQO\�RQH�EDVH�YROXPH�LV�XVHG�IRU�SURYLQJ��EDVH

YROXPH�FHUWLILFDWLRQ�ZLOO�RQO\�QHHG�WR�EH�FRPSOHWHG�IRU�WKH�QHHGHG�YROXPH�DQG�QRW�IRU�ERWK�

7KH�EDVH�YROXPH�RI� WKH�&RPSDFW�3URYHU� LV� YHULILHG� DW� WKH� IDFWRU\�XVLQJ� WHVW�PHDVXUHV� WKDW� DUH

WUDFHDEOH�WR�WKH�1DWLRQDO�,QVWLWXWH�RI�6WDQGDUGV�DQG�7HFKQRORJLHV��1,67����$GGLWLRQDO�LQIRUPDWLRQ

DERXW�FHUWLILFDWLRQ�WHFKQLTXHV�FDQ�EH�IRXQG�LQ�WKH�$PHULFDQ�3HWUROHXP�,QVWLWXWH��$3,��PDQXDO�RI

3HWUROHXP�0HDVXUHPHQW�6WDQGDUGV��&KDSWHU�����IRU�6PDOO�9ROXPH�3URYHUV��&KDSWHU�����IRU�)LHOG

7HVW�0HDVXUHV��DQG�&KDSWHU������IRU�&DOFXODWLRQ�RI�3HWUROHXP�4XDQWLWLHV�

9ROXPH�'LVSODFHPHQW�&HUWLILFDWLRQ�

7KH�IROORZLQJ�SURFHGXUHV�GHVFULEH�WKH�&RPSDFW�3URYHU�EDVH�YROXPH�GHWHUPLQDWLRQ�XVLQJ�WKH�ZDWHU

GUDZ�PHWKRG���7KHUH�DUH�WKUHH�SURFHGXUHV�H[SODLQHG���D��DQ�8SVWUHDP�RQO\���E��D�'RZQVWUHDP�RQO\�

DQG��F��WKH�&RPELQHG�PHWKRG���7KH�PHDVXUHPHQW�SLVWRQ�VHDO�LQWHJULW\�VKRXOG�EH�YHULILHG�SULRU�WR�DQ\

ZDWHU�GUDZ�E\�SHUIRUPLQJ�WKH�VHDO�OHDN�FKHFN�DV�GHVFULEHG�LQ�6HFWLRQ�����

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ���

(TXLSPHQW�5HTXLUHG

� :DWHU�GUDZ�KDUGZDUH�NLW�ZLWK�PDQXDO�YDOYHV�DQG�D�VROHQRLG�YDOYH�VLPLODU�WR�)LJXUH������)RU

SDUW�QXPEHUV�RI�IDFWRU\�DYDLODEOH�ZDWHU�GUDZ�KDUGZDUH�NLWV��VHH�6HFWLRQ���

� $�SOXPELQJ�VHWXS�DV�VKRZQ�LQ�)LJXUH�������&KHFN�DOO�YDOYHV�DQG�DQ\�WKUHDGHG�FRQQHFWLRQV

IRU�OHDNV�SULRU�WR�EHJLQQLQJ�WKH�ZDWHU�GUDZ�SURFHGXUH���7KH�SOXPELQJ�VHWXS�PXVW�EH�OHDN

IUHH�

� &HUWLILHG�+LJK�6HQVLWLYLW\��)LHOG�6WDQGDUG��7HVW�0HDVXUH�WUDFHDEOH�WR�WKH�1DWLRQDO�,QVWLWXWH

RI�6WDQGDUGV�DQG�7HFKQRORJ\��1�,�6�7���RU�RWKHU�FHUWLI\LQJ�DJHQF\��

� $�ZDWHU�VRXUFH�ZLWK�D�IORZ�UDWH�RI�DSSUR[LPDWHO\����JSP�������OSP��DW��������SVL������WR

����N3D��QRQ�IOXFWXDWLQJ�

� 2QH�GLJLWDO�WKHUPRPHWHU�ZLWK�FRQWDFW�SUREH�

� 7KUHH�����JODVV�VWHP�WKHUPRPHWHUV�ZLWK�����GHJUHH�GLYLVLRQV�DQG�D�UDQJH�RI����WR�����)����

WR����&���WUDFHDEOH�WR�WKH�1DWLRQDO�,QVWLWXWH�RI�6WDQGDUGV�DQG�7HFKQRORJ\��1�,�6�7���RU�RWKHU

FHUWLI\LQJ�DJHQF\��DV�DSSOLFDEOH���2QH�WKHUPRPHWHU�PD\�EH�PRXQWHG�LQ�D�WHPSHUDWXUH�WKLHI

GHYLFH���6HH�)LJXUH�����

� 2QH�SUHVVXUH�JDXJH��������SVLJ�UDQJH������N3D��

� &HUWLILFDWLRQ�'DWD�6KHHW�IRU�UHFRUGLQJ�GDWD���5HIHU�WR�)LJXUH�����IRU�H[DPSOH�GDWD�VKHHW�

5HIHU�WR�6HFWLRQ�����IRU�H[SODQDWLRQ�RI�V\PEROV�

1RWHV�

�� 7HPSHUDWXUH�WUDQVPLWWHUV�DUH�QRW�UHFRPPHQGHG�

�� )DFWRU\�ZDWHU�GUDZ�KDUGZDUH�NLWV�DUH�SURYLGHG�ZLWK�����WKHUPRPHWHUV�

�� 3UHVVXUH�WUDQVPLWWHUV�DUH�QRW�UHFRPPHQGHG�

�� 3UHVVXUH�JDXJHV�DUH�QRW�LQFOXGHG�LQ�IDFWRU\�ZDWHU�GUDZ�KDUGZDUH�NLWV�

6(3 ���� &203$&7�3529(5

0$,17(1$1&(���

)LJXUH�������&RPSDFW�3URYHU�:DWHU�'UDZ�$VVHPEO\

���������7\SLFDO�&6$�6W\OH��QRQ�H[SORVLRQ�SURRI�

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ���

)LJXUH�������&RPSDFW�3URYHU�:DWHU�'UDZ�$VVHPEO\��&RQWLQXHG�

�����������7\SLFDO�&(1(/(&�6W\OH

6(3 ���� &203$&7�3529(5

0$,17(1$1&(���

)LJXUH�������:DWHU�'UDZ�6\VWHP

����� :DWHU�'UDZ�3URFHGXUH���5HIHUHQFH�)LJXUH�����DQG�QRWHV�RQ�SDJH������

�� ,VRODWH� WKH� SURYHU� IURP�RSHUDWLRQDO� OLQHV� XVLQJ� GRXEOH� EORFN� DQG� EOHHG� YDOYHV� RU� EOLQG

IODQJHV��9HULI\�WKDW�WKH�SURYHU�LV�OHYHO���'UDLQ�DQG�IOXVK�DOO�SURFHVV�IOXLG�IURP�WKH�SURYHU�

'LVSRVH�RI�DOO�SURFHVV�IOXLGV�LQ�DQ�HQYLURQPHQWDOO\�VDIH�PDQQHU�

�� $VVHPEOH�WKH�ZDWHU�GUDZ�SOXPELQJ�V\VWHP��6HH�)LJXUH�������$OO�FRQQHFWLRQV�PXVW�EH�OHDN�

IUHH�WR�DVVXUH�SURSHU�RSHUDWLRQ���,W�LV�UHFRPPHQGHG�WKDW�WKUHDG�VHDODQW�EH�XVHG�RQ�DOO�SLSH

FRQQHFWLRQV���3LSH�VL]LQJ�VKRXOG�EH�HTXDO�WR�RU�JUHDWHU�WKDQ�WKH�VL]H�RI�WKH�YHQW�DQG�GUDLQ

FRQQHFWLRQV��9���9���'���'���WKDW�DUH�VXSSOLHG�RQ�WKH�SURYHU�

�� )RU�IDFWRU\�EXLOW�&6$�W\SH�ZDWHU�GUDZ�KDUGZDUH�NLWV��FRQQHFW�D���FRQGXFWRU�FDEOH�IURP�WKH

HQFORVXUH�WHUPLQDO�EORFN�WR�WKH�FRUUHFW�SRZHU�VRXUFH������RU�����9$&�DV�DSSOLFDEOH���6HH

)LJXUH������ �7KH� UHPDLQLQJ���FRQGXFWRU�FDEOH��FRQQHFWV� WR� UHFHSWDFOH� -���RQ� WKH�SURYHU

,QWHUIDFH�%RDUG���$FFHVV�WR�WKH�LQWHULRU�RI�WKH�LQWHUIDFH�HQFORVXUH�ZLOO�EH�QHFHVVDU\���)LJXUH

���� VKRZV� WKH� ORFDWLRQ� RI� WKH� LQWHUIDFH� ERDUG� RQ� WKH�&6$�W\SH� SURYHU� HOHFWULFDO� SDQHO�

)LJXUHV�����DQG�����VKRZ�WKH�GLIIHUHQW�ORFDWLRQV�SRVVLEOH�IRU�-���RQ�WKH�GLIIHUHQW�LQWHUIDFH

ERDUGV�

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ���

)RU�IDFWRU\�EXLOW�&(1(/(&�W\SH�ZDWHU�GUDZ�KDUGZDUH�NLWV�HTXLSSHG�ZLWK�WKH�ZDWHU�GUDZ

SOXJ��VLPSO\�FRQQHFW�WKH�SOXJ�WR�WKH�UHFHSWDFOH�RQ�WKH�FRQWURO�HQFORVXUH���7KH�ZDWHU�GUDZ

SOXJ�DQG�UHFHSWDFOH�LV�DYDLODEOH�DV�DQ�RSWLRQ�IRU�WKH�&6$�VW\OH�IDFWRU\�EXLOW�ZDWHU�GUDZ

KDUGZDUH�NLWV���&RQWDFW�D�'DQLHO�UHSUHVHQWDWLYH�IRU�PRUH�LQIRUPDWLRQ�

�� 6XSSO\�DSSURSULDWH�RSHUDWLRQDO�YROWDJH������RU����9'&��WR�WKH�SURYHU�LQWHUIDFH�ERDUG�DW

UHFHSWDFOH�-����SLQV�������DQG���������5HIHUHQFH�6HFWLRQ�����WR�YHULI\�SURSHU�YROWDJH�UHTXLUHG

IRU�WKH�LQWHUIDFH�ERDUG���5HIHUHQFH�)LJXUHV�����DQG�����IRU�WKH�ORFDWLRQ�RI�-�����

�� /RRVHQ�DQG�UHPRYH�WKH�FRYHU�RQ�WKH�RSWLFDO�GHWHFWRU�VZLWFK�DVVHPEO\���%H�FDUHIXO�QRW�WR

GDPDJH�WKH�RSWLFDO�VZLWFKHV�RQ�UHPRYDO�RU�UHSODFHPHQW�RI�RSWLFDO�FRYHU�GXULQJ�WKH�HQWLUH

ZDWHU�GUDZ�SURFHVV��6HH�1RWH���

�� %H� VXUH� WKH�SURYHU�K\GUDXOLF� V\VWHP� LV� FRQQHFWHG� WR� WKH� DSSURSULDWH�$&�SRZHU� VRXUFH�

5HIHUHQFH�WKH�GRFXPHQWDWLRQ�SDFNDJH�IRU�WKH�HOHFWULFDO�VFKHPDWLF�WR�YHULI\�SURSHU�YROWDJH

UHTXLUHG�

'R�QRW�VWDUW�WKH�K\GUDXOLF�V\VWHP�PRWRU�DW�WKLV�WLPH��&KHFN�WR�VHH�WKDW�WKH�K\GUDXOLF�WDQN�LV

ILOOHG�WR�LWV�SURSHU�OHYHO��UHIHUHQFH�6HFWLRQ������VWHS���

�� 9HULI\�WKH�VSULQJ�SOHQXP�FXW�RII�YDOYH�LV�RSHQ�DQG�DGMXVW�WKH�VSULQJ�SOHQXP�SUHVVXUH�WR

DSSUR[LPDWHO\����SVLJ�

�� 7KH�SURYHU�DQG�ZDWHU�GUDZ�V\VWHP�PXVW�QRZ�EH�ILOOHG�ZLWK�ZDWHU�DQG�F\FOHG�WR�SXUJH�$//

DLU��6HH�1RWH���RQ�SDJH������

2SHQ�YDOYHV�9���9���'���'���:��DQG�:����6WDUW�WKH�IORZ�RI�ZDWHU�LQWR�WKH�SURYHU���$V�WKH

SURYHU�ILOOV�ZLWK�ZDWHU��DLU�ZLOO�HVFDSH�WKURXJK�YDOYH�:����2EVHUYH�WKH�IODJ�SRVLWLRQ�

7KH�PHDVXUHPHQW�SLVWRQ�ZLOO�WUDYHO�WR�WKH�IXOO�GRZQVWUHDP�SRVLWLRQ���2QFH�ZDWHU�DSSHDUV�DW

:���VHW�WKH�YDOYHV�IRU�XSVWUHDP�IORZ�E\�FORVLQJ�9��DQG�'����9DOYHV�9���'���:��DQG�:�

UHPDLQ�RSHQ���2EVHUYH�WKH�IODJ�SRVLWLRQ���

7KH�PHDVXUHPHQW�SLVWRQ�ZLOO�QRZ�WUDYHO�WR�WKH�IXOO�XSVWUHDP�SRVLWLRQ���:KHQ�ZDWHU�DSSHDUV

DJDLQ�DW�:���UHVHW�WKH�YDOYHV�IRU�GRZQVWUHDP�IORZ�E\�RSHQLQJ�'��DQG�9���DQG�WKHQ�FORVLQJ

9��DQG�'����$IWHU�WKH�SLVWRQ�UHDFKHV�WKH�IXOO�GRZQVWUHDP�SRVLWLRQ��WKLV�SURFHVV�VKRXOG�EH

UHSHDWHG�XQWLO�$//�DLU�LV�UHPRYHG�IURP�WKH�V\VWHP�

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

�� 2QFH�DOO�WKH�DLU�LV�UHPRYHG��VHW�WKH�YDOYHV�IRU�GRZQVWUHDP�IORZ��ILUVW�RSHQ�9��DQG�'���WKHQ

FORVH�9��DQG�'�����&ORVH�YDOYH�:��WR�DOORZ�WKH�WHVW�PHDVXUH�WR�EHJLQ�ILOOLQJ���:KHQ�WKH�WHVW

PHDVXUH� ILOOV�� WKURWWOH� YDOYH�:�� WR� DOORZ�ZDWHU� WR� HVFDSH� DW� WKH� VDPH� UDWH� WKDW�ZDWHU� LV

HQWHULQJ�WKH�WHVW�PHDVXUH�WR�PDLQWDLQ�WKH�ZDWHU�OHYHO�LQ�WKH�WHVW�PHDVXUH�DW�RU�QHDU�WKH�]HUR

PDUN���$OORZ�V\VWHP�WR�FLUFXODWH�XQWLO�WKH�SURYHU�DQG�WHVW�PHDVXUH�WHPSHUDWXUHV�DUH�ZLWKLQ

�����)������&��RI�HDFK�RWKHU�

%H�VXUH�WKLV�SURFHGXUH�SODFHV�WKH�PHDVXUHPHQW�SLVWRQ�DQG�IODJ�LQWR�WKH�IXOO�GRZQVWUHDP

SRVLWLRQ�

��� 7KH�PHDVXUHPHQW�SLVWRQ�PXVW�QRZ�EH�SODFHG�LQWR�WKH�VWDUW�SRVLWLRQ�IRU�WKH�PHDVXUHPHQW

F\FOH�

)RU�DQ�8SVWUHDP�ZDWHU�GUDZ��SURFHGXUH�D���6NLS�WR�VWHS����

)RU� D�'RZQVWUHDP� �SURFHGXUH�E�� RU�&RPELQHG� �SURFHGXUH� F��ZDWHU� GUDZ�� �7XUQ�RQ� WKH

K\GUDXOLF� V\VWHP�PRWRU�� �7RJJOH� WKH�83675($0�'2:1675($0�VZLWFK� �6���RQ� WKH

LQWHUIDFH�ERDUG�WR�WKH�GRZQVWUHDP�SRVLWLRQ���$FWXDWH�WKH�581�5(7851�VZLWFK��6���WR�WKH

UHWXUQ�SRVLWLRQ���6HH�1RWH���RQ�SDJH���������7KLV�ZLOO�HQJDJH�WKH�K\GUDXOLF�V\VWHP�DQG

UHWXUQ�WKH�SLVWRQ�XSVWUHDP���5HIHUHQFH�)LJXUH�����DQG�����

2QFH�WKH�PHDVXUHPHQW�SLVWRQ�UHDFKHV�WKH�XSVWUHDP�SRVLWLRQ��DFWXDWH�WKH�581�5(7851

VZLWFK��6���WR�WKH�UXQ�SRVLWLRQ��7KLV�ZLOO�UHOHDVH�WKH�K\GUDXOLF�SUHVVXUH�DQG�WKH�PHDVXUHPHQW

SLVWRQ�ZLOO�EHJLQ�WUDYHOLQJ�GRZQVWUHDP���7KLV�ZLOO�DOVR�RSHQ�WKH�VROHQRLG�YDOYH��69��RQ�WKH

ZDWHU�GUDZ�KDUGZDUH�NLW���,I�WKLV�ZDWHU�GUDZ�SURFHGXUH�LV�EHLQJ�UHSHDWHG�IURP�VWHS�����YDOYH

:��PD\�EH�UH�RSHQHG����:KHQ�WKH�IODJ�QHDUV�WKH�ILUVW�RSWLFDO�VZLWFK��ZLWKLQ��´�WR��´���FORVH

YDOYH�:��ZKLOH�WKURWWOLQJ�YDOYH�:��EDFN�WR�PDLQWDLQ�ZDWHU�OHYHO�LQ�WKH�WHVW�PHDVXUH�DW�RU

QHDU�WKH�]HUR�PDUN���5HSODFH�WKH�RSWLFDO�DVVHPEO\�FRYHU�LPPHGLDWHO\���7KH�K\GUDXOLF�V\VWHP

PRWRU�PD\�QRZ�EH�WXUQHG�RII�LI�GHVLUHG�

��� :DWHU�IORZ�LQWR�WKH�WHVW�PHDVXUH�LV�QRZ�RQO\�WKURXJK�WKH�VROHQRLG�YDOYH��69����:KHQ�WKH

IODJ�HQWHUV�WKH�ILUVW�RSWLFDO�YROXPH�VZLWFK��WKH�VROHQRLG�YDOYH��69��ZLOO�FORVH�DQG�DOO�ZDWHU

IORZ�ZLOO�VWRS���$W�WKLV�SRLQW��IXOO\�RSHQ�YDOYH�:��WR�GUDLQ�WKH�WHVW�PHDVXUH�DQG�ZDLW�DQ\

VSHFLILHG�GUDLQ�WLPH���&ORVH�YDOYH�:��

��� &KHFN�DQG�UHFRUG�WKH�V\VWHP��IORZ�WXEH��SUHVVXUH�DW�3����$FWXDWH�WKH�581�5(7851�VZLWFK

�6���WR�WKH�UXQ�SRVLWLRQ����6HH�1RWH���RQ�SDJH���������7KLV�ZLOO�RSHQ�WKH�VROHQRLG�YDOYH��69�

RQ� WKH�ZDWHU� GUDZ�KDUGZDUH�NLW� DQG�EHJLQ� WR� ILOO� WKH� WHVW�PHDVXUH�� �2SHQ�YDOYH�:��� LI

GHVLUHG��WR�LQFUHDVH�SLVWRQ�WUDYHO�VSHHG�

��� 5HFRUG�WHPSHUDWXUH�PHDVXUHPHQWV�DW�7��DQG�7��XQGHU�IORZLQJ�FRQGLWLRQV�

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ����

��� 9DOYH�:��PXVW�EH�FORVHG�EHIRUH�IODJ�UHDFKHV�WKH�VHFRQG�RSWLFDO�YROXPH�VZLWFK��7KLV�FDQ

EH�GHWHUPLQHG�E\�OLVWHQLQJ�WR�WKH�WRQH�RI�WKH�ZDWHU�VSODVKLQJ�LQ�WKH�WHVW�PHDVXUH��:KHQ�WKH

ZDWHU� OHYHO�EHJLQV� WR� ULVH� LQWR� WKH� WDSHUHG� WRS�RI� WKH� WHVW�PHDVXUH�� WKH� WRQH�ZLOO� UDSLGO\

LQFUHDVH�� �$W� WKLV�SRLQW�� LPPHGLDWHO\�FORVH�YDOYH�:��� �:KHQ�WKH�IODJ�HQWHUV� WKH�VHFRQG

RSWLFDO�YROXPH�VZLWFK��YDOYH�69�ZLOO�FORVH�DQG�WKH�ZDWHU�IORZ�ZLOO�VWRS���7KH�WHVW�PHDVXUH

QRZ�FRQWDLQV�WKH�GRZQVWUHDP�YROXPH�

)LJXUH�������7HVW�0HDVXUH�7HPSHUDWXUH�6WDELOL]DWLRQ

��� 6OLGH�RSWLFDO�DVVHPEO\�FRYHU�EDFN�WR�H[SRVH�WKH�VHFRQG�RSWLFDO�YROXPH�VZLWFK�DQG�WKH�HQGV

RI�WKH�LQYDU�URGV���0HDVXUH�DQG�UHFRUG�WKH�WHPSHUDWXUH�DW�7G��LQYDU�URG�WHPSHUDWXUH��XVLQJ

WKH�GLJLWDO�WKHUPRPHWHU�DQG�FRQWDFW�SUREH���5HSODFH�WKH�RSWLFDO�DVVHPEO\�FRYHU��6HH�1RWH

��RQ�SDJH������

��� 5HFRUG� WKH� ZDWHU� OHYHO� VKRZQ� RQ� WKH� FDOLEUDWHG� VHFWLRQ� RI� WKH� WHVW� PHDVXUH�� � 7KLV

PHDVXUHPHQW�PXVW�EH�WDNHQ�IURP�WKH�ERWWRP�RI�WKH�PHQLVFXV�LQVLGH�WKH�JODVV�WXEH�

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

��� 5HFRUG�7P��WKH�WHPSHUDWXUH�RI�WKH�WHVW�PHDVXUH��L�H��WKH�ZDWHU�WHPSHUDWXUH�LQVLGH�WKH�WHVW

PHDVXUH����2SHQ�YDOYH�:��PRPHQWDULO\��DOORZLQJ�DERXW�ò�JDOORQ�RI�ZDWHU�WR�GUDLQ�RXW��DQG

PHDVXUH�WKH�WHPSHUDWXUH�RI�WKH�GUDLQHG�ZDWHU�ZLWK�WKH�WHPSHUDWXUH�WKLHI����)LJXUH������

��� 2SHQ�YDOYH�:��PRPHQWDULO\�WR�UHSODFH�WKH�ZDWHU�GUDLQHG�IURP�WKH�WHVW�PHDVXUH���7KLV�ZLOO

DOORZ�WKH�IODJ�WR�SURFHHG�GRZQVWUHDP�MXVW�EH\RQG�WKH�VHFRQG�RSWLFDO�YROXPH�VZLWFK�

��� )RU�WKH�8SVWUHDP��SURFHGXUH�D��DQG�&RPELQHG��SURFHGXUH�F��ZDWHU�GUDZ��9HULI\�YDOYH�:�

LV�FORVHG�DQG�UHVHW� WKH�YDOYHV�IRU�XSVWUHDP�IORZ��9��DQG�'��RSHQ��9��DQG�'��FORVHG��

3URFHHG�WR�VWHS����

)RU�WKH�'RZQVWUHDP��SURFHGXUH�E��ZDWHU�GUDZ���5HWXUQ�WR�VWHS����DQG�UHSHDW�WKH�SURFHVV�IRU

DV�PDQ\�'RZQVWUHDP�F\FOHV�DV�GHVLUHG���6HH�1RWH���RQ�SDJH������

��� %H� FHUWDLQ� WKH� RSWLFDO� DVVHPEO\� FRYHU� LV� LQ� SODFH� DQG� WRJJOH� WKH

83675($0�'2:1675($0�VZLWFK��6���RQ�WKH�LQWHUIDFH�ERDUG�WR�WKH�XSVWUHDP�SRVLWLRQ�

$FWXDWH�WKH�581�5(7851�VZLWFK��6���WR�WKH�UXQ�SRVLWLRQ���6HH�1RWH���RQ�SDJH�������

7KLV�ZLOO�RSHQ�WKH�VROHQRLG�YDOYH��69��DQG�WKH�PHDVXUHPHQW�SLVWRQ�ZLOO�EHJLQ� WR�PRYH

XSVWUHDP���7KURWWOH�YDOYH�:���LI�QHFHVVDU\��WR�PDLQWDLQ�WKH�ZDWHU�OHYHO�LQ�WKH�WHVW�PHDVXUH

QHDU�WKH�]HUR�PDUN���:KHQ�WKH�IODJ�H[LWV�WKH�VHFRQG�RSWLFDO�YROXPH�VZLWFK��WKH�VROHQRLG

YDOYH��69��ZLOO�FORVH�DQG�WKH�ZDWHU�IORZ�ZLOO�VWRS�

��� )XOO\�RSHQ�YDOYH�:��WR�GUDLQ�WKH�WHVW�PHDVXUH�DQG�ZDLW�DQ\�VSHFLILHG�GUDLQ�WLPH���&ORVH

YDOYH�:��

��� &KHFN�DQG�UHFRUG�WKH�V\VWHP��IORZ�WXEH��SUHVVXUH�DW�3����$FWXDWH�WKH�581�5(7851�VZLWFK

�6���WR�WKH�UXQ�SRVLWLRQ����6HH�1RWH������7KLV�ZLOO�RSHQ�WKH�VROHQRLG�YDOYH��69��RQ�WKH�ZDWHU

GUDZ�KDUGZDUH�NLW�DQG�EHJLQ�WR�ILOO�WKH�WHVW�PHDVXUH���2SHQ�YDOYH�:���LI�GHVLUHG��WR�LQFUHDVH

SLVWRQ�WUDYHO�VSHHG�

��� 5HFRUG�WHPSHUDWXUH�PHDVXUHPHQWV�DW�7��DQG�7��XQGHU�IORZLQJ�FRQGLWLRQV�

��� 9DOYH�:��PXVW�EH�FORVHG�EHIRUH�WKH�IODJ�UHDFKHV�WKH�ILUVW�RSWLFDO�YROXPH�VZLWFK���7KLV

FDQ�EH�GHWHUPLQHG�E\�OLVWHQLQJ�WR�WKH�WRQH�RI�WKH�ZDWHU�VSODVKLQJ�LQ�WKH�WHVW�PHDVXUH���:KHQ

WKH�ZDWHU�OHYHO�EHJLQV�WR�ULVH�LQWR�WKH�WDSHUHG�WRS�RI�WKH�WHVW�PHDVXUH��WKH�WRQH�ZLOO�UDSLGO\

LQFUHDVH���$W�WKLV�SRLQW��LPPHGLDWHO\�FORVH�YDOYH�:����:KHQ�WKH�IODJ�H[LWV�WKH�ILUVW�RSWLFDO

YROXPH�VZLWFK��YDOYH�69�ZLOO�FORVH�DQG�WKH�ZDWHU�IORZ�ZLOO�VWRS���7KH�WHVW�PHDVXUH�QRZ

FRQWDLQV�WKH�XSVWUHDP�YROXPH�

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ����

��� 6OLGH�RSWLFDO�DVVHPEO\�FRYHU�EDFN�WR�H[SRVH�WKH�VHFRQG�RSWLFDO�YROXPH�VZLWFK�DQG�WKH�HQGV

RI�WKH�LQYDU�URGV���0HDVXUH�DQG�UHFRUG�WKH�WHPSHUDWXUH�DW�7G��LQYDU�URG�WHPSHUDWXUH��XVLQJ

WKH�GLJLWDO�WKHUPRPHWHU�DQG�FRQWDFW�SUREH���5HSODFH�WKH�RSWLFDO�DVVHPEO\�FRYHU��6HH�1RWH

��RQ�SDJH������

��� 5HFRUG� WKH� VFDOH� UHDGLQJ� VKRZQ� RQ� WKH� FDOLEUDWHG� VHFWLRQ� RI� WKH� WHVW� PHDVXUH�� � 7KLV

PHDVXUHPHQW�PXVW�EH�WDNHQ�IURP�WKH�ERWWRP�RI�WKH�PHQLVFXV�LQVLGH�WKH�JODVV�WXEH��

��� 5HFRUG�7P��WKH�WHPSHUDWXUH�RI�WKH�WHVW�PHDVXUH��L�H��WKH�ZDWHU�WHPSHUDWXUH�LQVLGH�WKH�WHVW

PHDVXUH����6HH�)LJXUH�������2SHQ�YDOYH�:��PRPHQWDULO\��DOORZLQJ�DERXW�ò�JDOORQ�RI�ZDWHU

WR�GUDLQ�RXW��DQG�PHDVXUH�WKH�WHPSHUDWXUH�RI�WKH�GUDLQHG�ZDWHU�ZLWK�WKH�WHPSHUDWXUH�WKLHI�

��� 2SHQ�YDOYH�:��PRPHQWDULO\�WR�UHSODFH�WKH�ZDWHU�GUDLQHG�IURP�WKH�WHVW�PHDVXUH���7KLV�ZLOO

DOORZ�WKH�IODJ�WR�SURFHHG�XSVWUHDP�MXVW�EH\RQG�WKH�ILUVW�RSWLFDO�YROXPH�VZLWFK���

��� )RU�WKH�8SVWUHDP��SURFHGXUH�D��ZDWHU�GUDZ���7KH�PHDVXUHPHQW�SLVWRQ�PXVW�EH�PRYHG�WR�WKH

GRZQVWUHDP�SRVLWLRQ���&ORVH�YDOYH�'���DQG�RSHQ�YDOYHV�9��DQG�'����7KLV�ZLOO�DOORZ�WKH

PHDVXUHPHQW�SLVWRQ�WR�PRYH�GRZQVWUHDP���2EVHUYH�WKH�IODJ�SRVLWLRQ�XQWLO�WKH�SLVWRQ�UHDFKHV

WKH�IXOO�GRZQVWUHDP�SRVLWLRQ�DQG�UHSODFH�WKH�RSWLFDO�FRYHU���3URFHHG�IURP�VWHS����IRU�DV

PDQ\�8SVWUHDP�PHDVXUHPHQW�F\FOHV�DV�GHVLUHG���6HH�1RWH���RQ�SDJH������

)RU�WKH�&RPELQHG��SURFHGXUH�F��ZDWHU�GUDZ���5HVHW�WKH�YDOYHV�IRU�GRZQVWUHDP�IORZ��9��DQG

'��RSHQ��9��DQG�'��FORVHG��DQG�FRQWLQXH�WR�VWHS����

��� 7RJJOH� WKH� 83675($0�'2:1675($0� VZLWFK� �6��� RQ� WKH� LQWHUIDFH� ERDUG� WR� WKH

GRZQVWUHDP�SRVLWLRQ��$FWXDWH�WKH�581�5(7851�VZLWFK��6���WR�WKH�UXQ�SRVLWLRQ����6HH

1RWH���RQ�SDJH���������7KLV�ZLOO�RSHQ�WKH�VROHQRLG�YDOYH��69��DQG�WKH�PHDVXUHPHQW�SLVWRQ

ZLOO�EHJLQ�WR�PRYH�GRZQVWUHDP���7KURWWOH�YDOYH�:���LI�QHFHVVDU\��WR�PDLQWDLQ�WKH�ZDWHU�OHYHO

LQ�WKH�WHVW�PHDVXUH�QHDU�WKH�]HUR�PDUN���:KHQ�WKH�IODJ�HQWHUV�WKH�ILUVW�RSWLFDO�YROXPH�VZLWFK�

WKH�VROHQRLG�YDOYH��69��ZLOO�FORVH�

��� )XOO\�RSHQ�YDOYH�:��WR�GUDLQ�WKH�WHVW�PHDVXUH�DQG�ZDLW�DQ\�VSHFLILHG�GUDLQ�WLPH���&ORVH

YDOYH�:��� �$W� WKLV� SRLQW�� DFWXDWLQJ� WKH�581�5(7851�VZLWFK� �6���ZLOO� EHJLQ� WKH�QH[W

PHDVXUHPHQW�F\FOH���6HH�1RWH���RQ�SDJH����������7KH�SURFHGXUH�PD\�QRZ�EH�UHSHDWHG�IURP

VWHS����IRU�DV�PDQ\�&RPELQHG�ZDWHU�GUDZ�F\FOHV�DV�GHVLUHG���6HH�1RWH���RQ�SDJH������

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

1RWHV�IRU�ZDWHU�GUDZ�SURFHGXUHV�

��� 2QFH� WKH� ZDWHU� GUDZ� GLVSODFHPHQW� SURFHGXUH� LV� VWDUWHG� LW� VKRXOG� EH� FDUULHG�WR

FRQFOXVLRQ�LQ�D�FRQWLQXRXV�SURFHVV�ZLWKRXW�LQWHUUXSWLRQ�RU�GHOD\�

��� 2QH�PHDVXUHPHQW�F\FOH�RI�WKH�ZDWHU�GUDZ�SURFHVV�PXVW�EH�SHUIRUPHG�ZLWK�WKH�IORZ�UDWH

UHGXFHG����WR��������7KLV�PD\�EH�DFFRPSOLVKHG�E\�WKURWWOLQJ�YDOYH�:����7KLV�LV�W\SLFDOO\

SHUIRUPHG�IRU�WKH�VHFRQG�F\FOH�

��� 5XQ�5HWXUQ� DQG� 8SVWUHDP�'RZQVWUHDP� VHOHFWRU� VZLWFKHV� DUH� ODEHOHG� 6�� DQG�6�

�UHVSHFWLYHO\��RQ�WKH�,QWHUIDFH�%RDUG�LWVHOI�� �&(1(/(&�VW\OH�SURYHUV��DQG�&6$�SURYHUV

HTXLSSHG�ZLWK�WKH�RSWLRQDO�ZDWHU�GUDZ�SOXJ��KDYH�WKHVH�VZLWFKHV�RSHUDWLRQDO�WR�WKH�IURQW�RI

WKH�FRQWURO�HQFORVXUH��RU� LQWHUIDFH�HQFORVXUH� �DV�DSSOLFDEOH��� �/DEHOV�RQ� WKH� IURQW�RI� WKH

HQFORVXUH�ZLOO�GLFWDWH�WKH�VZLWFK�RSHUDWLRQ�IRU�ZDWHU�GUDZ�SXUSRVHV�

��� 7KH�RSWLFDO�FRYHU�VKRXOG�EH�UHSODFHG�IRU�HDFK�PHDVXUHPHQW�F\FOH���+RZHYHU��LW�GRHV�QRW

KDYH� WR�EH� IDVWHQHG�SHUPDQHQWO\�HDFK� WLPH�� �6LPSO\� VOLS� WKH�FRYHU�FRPSOHWHO\�RYHU� WKH

RSWLFDO�DVVHPEO\�WR�EODFN�RXW�DQ\�DPELHQW�OLJKW�WKDW�FRXOG�DOWHU�RSWLFDO�VZLWFK�RSHUDWLRQ���

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ����

)LJXUH�������9ROXPHWULF�'HWHUPLQDWLRQ�'DWD�6KHHW

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

)LJXUH�������7\SLFDO�3URYHU�&RQWURO�3DQHO�$VVHPEO\������VKRZQ�

��� &HUWLILFDWLRQ�'DWD�6KHHW�DQG�&DOFXODWLRQV

����� 'DWD�6KHHW�(QWULHV

7KH�IROORZLQJ�LV�D�VWHS�E\�VWHS�SURFHGXUH�IRU�XVLQJ�WKH�ZDWHU�GUDZ�FHUWLILFDWLRQ�VKHHW�WR�REWDLQ�WKH

EDVH�YROXPH�RI�WKH�SURYHU��DGMXVWHG��FRUUHFWHG��WR�UHIHUHQFH�FRQGLWLRQV��

$Q�H[DPSOH�RI�D�W\SLFDO�GDWD�VKHHW�LV�VKRZQ�LQ�)LJXUH�����

5HFRUG�WKH�IROORZLQJ�YDULDEOHV�RQ�D�GDWD�VKHHW�IRU�HDFK�PHDVXUHPHQW�F\FOH�DV�GHILQHG�EHORZ�

��� :DWHU�,QOHW�7HPSHUDWXUH��7�����7KH�WHPSHUDWXUH�RI�WKH�ZDWHU�DV�LW�HQWHUV�WKH�SURYHU�

�� :DWHU�2XWOHW�7HPSHUDWXUH��7�����7KH�WHPSHUDWXUH�RI�WKH�ZDWHU�DV�LW�H[LWV�WKH�SURYHU�

�� 3URYHU�7HPSHUDWXUH��7S����7KH�DYHUDJH�RI�7��DQG�7��

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ����

&VV7P 7E (WP

7S 7E (IW 7G 7E (LU= + −

+ − + −�

� �

� �

> � � @> � � @

9WS 9P 7PS &VV &SO &SV= • • •� � � � �

�� 7HVW�0HDVXUH�7HPSHUDWXUH��7P���7KH�WHPSHUDWXUH�RI�WKH�ZDWHU�LQ�WKH�WHVW�PHDVXUH��7KLV

LV�PHDVXUHG�ZLWK�WKH�WHPSHUDWXUH�WKLHI�GXULQJ�WKH�ZDWHU�GUDZ�SURFHGXUH�

�� 6HQVRU�0RXQWLQJ�7HPSHUDWXUH��7G���7KLV�LV�WKH�WHPSHUDWXUH�RI�WKH�,QYDU�5RGV�XVHG�IRU

VSDFLQJ�WKH�RSWLFDO�VZLWFKHV���7KH�WHPSHUDWXUH�LV�PHDVXUHG�GXULQJ�WKH�ZDWHU�GUDZ�SURFHGXUH�

$V�DQ�RSWLRQ��DPELHQW�WHPSHUDWXUH�PD\�EH�XVHG��

�� :DWHU�3UHVVXUH��3��� �7KH�SUHVVXUH� UHFRUGHG�IURP�WKH�SUHVVXUH�JDJH�RI� WKH�ZDWHU�GUDZ

V\VWHP�

�� 7HVW�0HDVXUH�6FDOH�5HDGLQJ���$FWXDO�PHDVXUHPHQW�UHFRUGHG�IURP�WKH�FDOLEUDWHG�VHFWLRQ

RI�WKH�WHVW�PHDVXUH���7KLV�LV�D���RU�±�UHDGLQJ�IURP�WKH�]HUR�PDUN�

����� &DOFXODWLRQV

7KH�IROORZLQJ�IRUPXOD�ZLOO�EH�XVHG�LQ�WKH�SURFHVV�RI�FDOFXODWLQJ�WKH�&RPSDFW�3URYHU�EDVH�YROXPH

DW�UHIHUHQFH�FRQGLWLRQV�

�� 9WS���7KH�FRUUHFWHG�SURYHU�YROXPH�DW�UHIHUHQFH�FRQGLWLRQV���

�� 9P���7KH�VWDWHG�YROXPH�RI�WKH�WHVW�PHDVXUH��SOXV�RU�PLQXV�WKH�VFDOH�UHDGLQJ�UHFRUGHG�RQ�WKH

GDWD�VKHHW�IURP�WKH�ZDWHU�GUDZ���

�� 7PS���9ROXPHWULF�FRUUHFWLRQ�IDFWRU�IRU�GLIIHUHQFHV�EHWZHHQ�WKH�SURYHU�DQG�WKH�WHVW�PHDVXUH

WHPSHUDWXUHV� DV� IRXQG� LQ�$PHULFDQ�3HWUROHXP� ,QVWLWXWH� �$3,��&KDSWHU� �������P��:DWHU

&HUWLILFDWLRQ�RI�9ROXPHWULF�3URYHUV�

�� &VV���7KLV�LV�WKH�FRUUHFWLRQ�IDFWRU�IRU�WKH�WHPSHUDWXUH�RI�WKH�VWDLQOHVV�VWHHO�WHVW�PHDVXUH��WKH

FDUERQ��RU�VWDLQOHVV�VWHHO��IORZ�WXEH��DQG�WKH�,QYDU�URGV��7KH�FRUUHFWLRQ�IDFWRU�LV�GHWHUPLQHG

XVLQJ�WKH�IROORZLQJ�IRUPXOD�

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

:KHUH�

7P LV�WKH�WHPSHUDWXUH�RI�WKH�WHVW�PHDVXUH�UHFRUGHG�IURP�WKH�ZDWHU�GUDZ�SURFHGXUH�XVLQJ

WKH�WHPSHUDWXUH�WKLHI�

7E LV�WKH�UHIHUHQFH�WHPSHUDWXUH�

(WP �LV�WKH�FXELFDO�FRHIILFLHQW�RI�H[SDQVLRQ�RI�WKH�VWDLQOHVV�VWHHO�WHVW�PHDVXUH�GHSHQGLQJ

RQ�WHPSHUDWXUH�XQLWV�EHLQJ�XVHG������������R)�RU�����������R&���7KH�PDQXIDFWXUHU

RI�WKH�WHVW�PHDVXUH�ZLOO�DOVR�JLYH�WKLV�YDOXH�WKDW�PD\�EH�XVHG�LI�GHVLUHG�IRU�LPSURYHG

DFFXUDF\�

7S LV�WKH�WHPSHUDWXUH�RI�WKH�SURYHU���7KLV�LV�WKH�DYHUDJH�RI�7��DQG�7��

(IW LV�WKH�VTXDUHG�FRHIILFLHQW�RI�H[SDQVLRQ�XVHG�IRU�WKH�IORZ�WXEH���7KLV�QXPEHU�ZLOO�YDU\

GHSHQGLQJ�RQ�WKH�PDWHULDO�RI�WKH�IORZ�WXEH�

8VH�WKH�IROORZLQJ�YDOXHV�EDVHG�RQ�PDWHULDO�DQG�WHPSHUDWXUH�XQLWV�

R) R&

&DUERQ�6WHHO�����������

�����6WDLQOHVV�6WHHO�����������

&DVW�����6WDLQOHVV�6WHHO�����������

����6WDLQOHVV�6WHHO�����������

���������

���������

���������

���������

7G LV�WKH�6HQVRU�0RXQWLQJ�7HPSHUDWXUH�UHFRUGHG�IURP�WKH�ZDWHU�GUDZ�SURFHGXUH�

(LU LV�WKH�OLQHDU�FRHIILFLHQW�RI�H[SDQVLRQ�IRU�WKH�,QYDU�5RGV���7KLV�YDOXH�LV�EDVHG�RQ�WKH

WHPSHUDWXUH�XQLWV�XVHG�DQG�ZLOO�EH�����������R)�RU�����������R&�

�� &SO��7KLV�LV�WKH�FRPSUHVVLELOLW\�UHGXFWLRQ�IDFWRU�IRU�ZDWHU��7KLV�IDFWRU�LV�GHWHUPLQHG�E\�WKH

IROORZLQJ�IRUPXOD�

&SO3

=− •

� ��������� � �

:KHUH�3�LV�WKH�SUHVVXUH�UHFRUGHG�DW�3��GXULQJ�WKH�ZDWHU�GUDZ�SURFHGXUH�LQ�SVLJ�

RU

&SO3

=− •

� ����������� � �

:KHUH�3�LV�WKH�SUHVVXUH�UHFRUGHG�DW�3��GXULQJ�WKH�ZDWHU�GUDZ�SURFHGXUH�LQ�N3D�

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ����

UHSHDWDELOLW\KLJKHVW 9WS ORZHVW 9WS

ORZHVW 9WS���

� �= − •���

&SV3 '

W= + •

•�

ε

�� &SV���7KLV�LV�WKH�FRUUHFWLRQ�IDFWRU�IRU�WKH�H[SDQVLRQ�RI�WKH�IORZ�WXEH�GXH�WR�SUHVVXUH��

7KLV�IDFWRU�LV�GHWHUPLQHG�E\�WKH�IROORZLQJ�IRUPXOD�

:KHUH�

3 LV�WKH�SUHVVXUH�UHFRUGHG�DW�3��GXULQJ�WKH�ZDWHU�GUDZ�SURFHGXUH�

' LV�WKH�LQVLGH�GLDPHWHU�RI�WKH�IORZ�WXEH�

J LV�WKH�0RGXOXV�RI�HODVWLFLW\�IRU�WKH�PDWHULDO�RI�WKH�IORZ�WXEH���,I�SUHVVXUH�LV

PHDVXUHG�LQ�SVL��WKLV�YDOXH�ZLOO�EH������������IRU�VWDLQOHVV�VWHHO�DQG�����������

IRU�FDUERQ�VWHHO���,I�SUHVVXUH�LV�PHDVXUHG�LQ�N3D��WKH�0RGXOXV�RI�HODVWLFLW\�IRU

VWDLQOHVV�VWHHO�ZLOO�EH���������������DQG�������������IRU���FDUERQ�VWHHO�

W LV�WKH�ZDOO�WKLFNQHVV�RI�WKH�IORZ�WXEH���%H�VXUH�WR�XVH�LGHQWLFDO�XQLWV�RI�PHDVXUH

IRU�WKH�WKLFNQHVV�DV�XVHG�IRU�WKH�GLDPHWHU�RI�WKH�IORZ�WXEH�

9WS�PXVW�EH�FDOFXODWHG�IRU�HDFK�VHW�RI�GDWD�FROOHFWHG�GXULQJ�HDFK�PHDVXUHPHQW�F\FOH�RI�WKH�ZDWHU

GUDZ�SURFHGXUH���

7KH� GRZQVWUHDP� EDVH� YROXPH� ZLOO� EH� WKH� DYHUDJH� RI� WKH� FRUUHFWHG� YROXPHV� �9WS¶V�� RI� WKH

GRZQVWUHDP�F\FOHV�RI�WKH�ZDWHU�GUDZ����7KH�UHSHDWDELOLW\�RI�WKH�GRZQVWUHDP�FRUUHFWHG�YROXPHV�PXVW

EH�ZLWKLQ�������VHH�IRUPXOD�EHORZ���(QWHU�WKH�GRZQVWUHDP�EDVH�YROXPH�LQWR�WKH�RSHUDWLQJ�FRPSXWHU

LI�WKH�PHWHU�XQGHU�WHVW�LV�ORFDWHG�GRZQVWUHDP�RI�WKH�SURYHU�

7KH�XSVWUHDP�EDVH�YROXPH�ZLOO�EH�WKH�DYHUDJH�RI�WKH�FRUUHFWHG�YROXPHV��9WS¶V��RI�WKH�XSVWUHDP

F\FOHV�RI�WKH�ZDWHU�GUDZ���7KH�UHSHDWDELOLW\�RI�WKH�XSVWUHDP�FRUUHFWHG�YROXPHV�PXVW�EH�ZLWKLQ������

VHH�IRUPXOD�EHORZ���(QWHU�WKH�XSVWUHDP�EDVH�YROXPH�LQWR�WKH�RSHUDWLQJ�FRPSXWHU�LI�WKH�PHWHU�XQGHU

WHVW�LV�ORFDWHG�XSVWUHDP�RI�WKH�SURYHU�

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

��� 6HDO�5HSODFHPHQW

6KRXOG�WKH�VHDOV�ZLWKLQ�WKH�&RPSDFW�3URYHU�HYHU�QHHG�WR�EH�UHSODFHG��WKH�SURFHGXUHV�LQ�WKLV�VHFWLRQ

ZLOO�JXLGH�WKH�TXDOLILHG�WHFKQLFLDQ�WKURXJK�D�VLPSOH�VWHS�E\�VWHS�SURFHVV���%HIRUH�DWWHPSWLQJ�DQ\

UHSDLU�RU�GLVDVVHPEO\�SURFHGXUHV��WKH�IROORZLQJ�GHWDLOV�PXVW�EH�REVHUYHG�

� 'LVFRQQHFW�SRZHU�WR�WKH�RSHUDWLQJ�FRPSXWHU�DQG�WKH�SURYHU���7KLV�ZLOO�SUHYHQW�DFFLGHQWDO

SRZHU�XS�RI�WKH�SURYHU�K\GUDXOLFV�DQG�HOHFWURQLFV�

�� 'LVFRQQHFW��RU�LVRODWH��WKH�SURYHU�IURP�WKH�SURFHVV�OLQH��SUHVVXUH�DQG�IORZ��

�� 'UDLQ�DOO�IOXLG�IURP�WKH�IORZ�WXEH�E\�RSHQLQJ�WKH�GUDLQ�DQG�YHQW�YDOYHV�ORFDWHG�DW�WKH�WRS�DQG

ERWWRP�RI�WKH�HQG�IODQJHV�RQ�HDFK�HQG�RI�WKH�IORZ�WXEH���'LVSRVH�RI�DQ\�SURFHVV�IOXLGV�LQ�DQ

HQYLURQPHQWDOO\�VDIH�PDQQHU�

����� 0HDVXUHPHQW�3LVWRQ�DQG�)ORZ�7XEH

7R�GHWHUPLQH�LI�WKH�PHDVXUHPHQW�SLVWRQ�VHDOV�QHHG�LQVSHFWLRQ�IRU�SRVVLEOH�UHSODFHPHQW��SHUIRUP�WKH

OHDN�WHVW�DV�GHVFULEHG�LQ�6HFWLRQ�������,I�OLQH�SURGXFW�LV�OHDNLQJ�IURP�HLWKHU�HQG�RI�WKH�IORZ�WXEH

�EHWZHHQ� WKH� IORZ� WXEH�DQG�HQG� IODQJHV��� WKH� IORZ� WXEH� VHDOV� LQ� WKH�HQG� IODQJHV�DUH� LQ�QHHG�RI

LQVSHFWLRQ�IRU�SRVVLEOH�UHSODFHPHQW�

7KHUH�DUH�WZR�PHWKRGV�IRU�PHDVXUHPHQW�SLVWRQ�DQG�IORZ�WXEH�VHDO�UHSODFHPHQW���3URFHGXUH�$�ZLOO

EH�QHFHVVDU\�LI�D�FRPSOHWH�WHDU�GRZQ�RI�WKH�SURYHU�LV�UHTXLUHG���3URFHGXUH�%�ZLOO�EH�QHFHVVDU\�LI�RQO\

WKH�SLVWRQ�DQG�IORZ�WXEH�VHDOV�DUH�LQ�QHHG�RI�UHSODFHPHQW�

3URFHGXUH�$���3LVWRQ�DQG�)ORZ�7XEH�'LVDVVHPEO\

5HIHUHQFH�)LJXUH������6HFWLRQ���

�� 'LVDVVHPEOH� WKH� RSWLFDO� DQG� K\GUDXOLF� V\VWHPV� IROORZLQJ� WKH� DSSURSULDWH� GLVDVVHPEO\

LQVWUXFWLRQV���6HH�6HFWLRQ�������DQG�������UHVSHFWLYHO\�

�� 6OLGH�D�SLHFH�RI�SODVWLF� WXELQJ��DSSUR[LPDWHO\���IHHW� ORQJHU� WKDQ� WKH�IORZ�WXEH��RYHU� WKH

DFWXDWRU�VKDIW�DQG�UHPRYH�WKH�RSWLFDO�GHWHFWRU�VKDIW�IURP�WKH�WKUHDGHG�PRXQWLQJ�ERVV�

�� $WWDFK�WKH�RXWOHW�IODQJH�WR�D�KRLVW�DQG�VXSSRUW�WKH�IODQJH�VR�WKDW�LW�ZLOO�EH�KHOG�LQ�SODFH�ZKHQ

WKH�WLH�URGV�DUH�UHPRYHG�

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ����

�� 0DNH�VXUH� WKDW� WKH�VXSSRUW� VDGGOHV�EHORZ� WKH� IORZ� WXEH�ZLOO�KROG� LW� LQ�SRVLWLRQ�ZLWKRXW

DOORZLQJ�LW�WR�GURS�ZKHQ�WKH�RXWOHW�IODQJH�LV�UHPRYHG���$GMXVW�LI�QHFHVVDU\�

�� 5HPRYH�WKH�WLH�URG�QXWV�VHFXULQJ�WKH�RXWOHW�IODQJH�DVVHPEO\�

�� 5HPRYH�WKH�RXWOHW�IODQJH���

�� 8VH�WKH�WXEH�SURWHFWLQJ�WKH�DFWXDWRU�URG�WR�SXVK�WKH�PHDVXUHPHQW�SLVWRQ�WR�WKH�HQG�RI�WKH

IORZ�WXEH��'2�127�386+�7+(�0($685(0(17�3,6721�287�2)�7+(�)/2:

78%(�

�� 8VLQJ�VXIILFLHQW�SHUVRQQHO��DW�OHDVW�����SXOO�WKH�PHDVXUHPHQW�SLVWRQ�RXW�RI�WKH�IORZ�WXEH���%H

VXUH�WR�VXSSRUW�WKH�ZHLJKW�RI�WKH�SLVWRQ�DV�LW�LV�UHPRYHG�IURP�WKH�IORZ�WXEH���7KLV�ZLOO�NHHS

WKH�DFWXDWRU�VKDIW�IURP�GDPDJLQJ�WKH�IORZ�WXEH�

�� $IWHU�UHPRYDO��VXSSRUW�WKH�SLVWRQ�LQ�VXFK�D�ZD\�DV�WR�SUHYHQW�WKH�SLVWRQ�ZHLJKW�IURP�UHVWLQJ

RQ�WKH�VHDOV�RQ�WKH�IURQW�RI�WKH�PHDVXUHPHQW�SLVWRQ���

��� 3UHVV�WKH�SRSSHW�YDOYH�RSHQ�DQG�VHFXUH�LW�LQ�SRVLWLRQ�XVLQJ�D�ZRRGHQ�EORFN�RU�QRQ�PDUULQJ

GRZHO�

��� 5HPRYH�WKH�R�ULQJ�IURP�WKH�JURRYH�LQ�WKH�SRSSHW�YDOYH���5HPRYDO�RI�WKH�SRSSHW�YDOYH�DW�WKLV

WLPH�ZLOO�HDVH�UHSODFHPHQW�RI�WKH�SRSSHW�VHDO�

��� 5HPRYH�WKH�SLVWRQ�VHDOV�DQG�UXORQ�ULGHUV�

��� &DUHIXOO\�FOHDQ�DQG�H[DPLQH�WKH�IORZ�WXEH�ERUH�IRU�VFRULQJ��FRUURVLRQ�RU�RWKHU�VLJQV�RI�ZHDU

RU�GDPDJH���&RQVXOW�WKH�IDFWRU\�FRQFHUQLQJ�UHSODFHPHQW�

��� 5HPRYH�WKH�WLH�URGV�IURP�WKH�SURYHU�H[FOXGLQJ�WKH�WZR�WLH�URGV�DW�WKH�ERWWRP���7KHVH�PD\

UHPDLQ�LQ�SODFH�

��� /LIW�WKH�IORZ�WXEH�VOLJKWO\�RII�WKH�VXSSRUW�VDGGOHV���3XOO�LW�DZD\�IURP�HQJDJHPHQW�ZLWK�WKH

LQOHW�IODQJH���$�KRLVW�ZLOO�EH�QHFHVVDU\�IRU�WKLV�RSHUDWLRQ�

��� 5HPRYH�WKH�LQOHW�DQG�RXWOHW�IODQJH�R�ULQJV�DQG�LQVSHFW�IRU�GDPDJH�

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

3URFHGXUH�$���3LVWRQ�DQG�)ORZ�7XEH�$VVHPEO\

,Q� WKH� IROORZLQJ�SURFHGXUH�ZKHUH� OXEULFDWLRQ�RI�SDUWV� LV� UHFRPPHQGHG�� LW� VKRXOG�EH�QRWHG� WKDW

H[FHVVLYH�DPRXQWV�RI�OXEULFDWLRQ�VKRXOG�EH�DYRLGHG�DV�WKH�EDVH�YROXPH�RI�VXEVHTXHQW�ZDWHU�GUDZ

FRXOG�EH�DIIHFWHG�

�� ,I�WKH�XSVWUHDP�IORZ�WXEH�R�ULQJ�LV�WR�EH�UHSODFHG��LQVWDOO�WKH�QHZ�R�ULQJ�LQ�LWV�JURRYH�XVLQJ

OXEULFDQW��ZKLWH�OLWKLXP�JUHDVH��WR�KROG�LQ�SODFH�

�� ,QVWDOO�WKH�IORZ�WXEH�RQ�LWV¶�VDGGOHV��IOXVK�DJDLQVW�WKH�LQOHW�IODQJH���$GMXVWPHQW�RI�WKH�VDGGOHV

PD\�EH�QHFHVVDU\�

�� 3ODFH�WKH�SLHFHV�RI�JXLGH�FRQGXLW��XVHG�LQ�GLVDVVHPEO\��WKURXJK�WKH�XSVWUHDP�IODQJH�DQG

IORZ�WXEH�

�� /XEULFDWH� WKH� SRSSHW� YDOYH� R�ULQJ� DQG� ILW� LW� RQWR� WKH� JURRYH� LQ� WKH� SRSSHW� YDOYH�� � ,W� LV

UHFRPPHQGHG�WKDW�WKH�R�ULQJ�EH�SUHVVHG�LQWR�WKH�JURRYH�LQ�SODFHV�����DSDUW�WR�KHOS�HOLPLQDWH

DQ\�WZLVWLQJ�RU�VWUHWFKLQJ���6HH�)LJXUH�������&DUH�PXVW�EH�WDNHQ�ZKHQ�ZRUNLQJ�WKH�VHDO�LQWR

WKH�SRSSHW�JURRYH�DV�WKH�VHDO�PD\�VWUHWFK�DQG�QRW�VHDW�FRUUHFWO\���7KH�XVH�RI�D�VPRRWK�SODVWLF

WRRO�PD\�DVVLVW�LQ�ZRUNLQJ�WKH�VHDO�LQWR�WKH�SRSSHW�JURRYH���:RUNLQJ�WKH�VHDO�RQ�RSSRVLWH

VLGHV�RI�WKH�JURRYH�HYHU\�IHZ�LQFKHV�ZLOO�DVVLVW�LQ�SURSHU�LQVWDOODWLRQ���8VH�FDUH�WR�SUHYHQW

GDPDJH�WR�WKH�R�ULQJ�

)LJXUH�������3RSSHW�2�5LQJ�,QVWDOODWLRQ

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ����

7KH���´�&RPSDFW�3URYHU�KDV�WZR�GLIIHUHQW�VL]HG�ULGHUV��D�WKLFN�ULGHU�DQG�D�WKLQ�ULGHU���7KH

WKLFN�ULGHU�ILWV�LQ�WKH�XSVWUHDP�JURRYH�RI�WKH�SLVWRQ���7KH�WKLQ�ULGHU�ILWV�LQ�WKH�GRZQVWUHDP

JURRYH�RI�WKH�SLVWRQ��EHWZHHQ�WKH�WZR�SLVWRQ�VHDOV��$OO�RWKHU�VL]H�SURYHUV�KDYH�LGHQWLFDO

ULGHUV�

�� ,I�WKH�SRSSHW�YDOYH�KDV�EHHQ�UHPRYHG�IURP�WKH�PHDVXUHPHQW�SLVWRQ��LQVWDOO�LW�DW�WKLV�WLPH�

7RUTXH�WKH�SRSSHW�EROWV�WR����IW�OEV�����1P���

�� /XEULFDWH�WKH�WZR�PHDVXUHPHQW�SLVWRQ�VHDOV�ZLWK�OLJKW�RLO�DQG�LQVWDOO�WKHP�RQ�WKH�SLVWRQ���7KH

RSHQ�VLGHV�RI�WKH�WZR�VHDOV�ZLOO�EH�IDFLQJ�DZD\�IURP�HDFK�RWKHU�ZKHQ�LQVWDOOHG�FRUUHFWO\�

(DFK�VHDO�ZLOO�UHTXLUH�SURSHU�ILWWLQJ����2QFH�WKH�VHDO�LV�DURXQG�WKH�JURRYH��WKH�VHDO�PXVW�EH

SXVKHG�LQWR�WKH�JURRYH���$�µVQDS¶�ZLOO�EH�KHDUG�RQFH�WKH�VHDO�VHDWV�LQ�WKH�JURRYH���%H�VXUH

WR�FKHFN�WKDW�WKH�HQWLUH�VHDO�LV�SURSHUO\�VHDWHG�

�� 7HVW�ILW�RI�WKH�UXORQ�ULGHUV�RQ�WKH�PHDVXUHPHQW�SLVWRQ���7ULP�DQ\�H[FHVV�OHQJWK�VR�WKDW�WKHUH

ZLOO�EH�D�����´�JDS�EHWZHHQ�WKH�HQGV�RI�HDFK�ULGHU���5HPRYH�WKH�ULGHUV�IURP�WKH�SLVWRQ�DQG

OD\�WKHP�RYHU�WKH�HQG�RI�WKH�IORZ�WXEH�

�� /XEULFDWH�WKH�LQVLGH�RI�WKH�IORZ�WXEH�ZLWK�OLJKW�RLO���$OLJQ�WKH�PHDVXUHPHQW�SLVWRQ�ZLWK�WKH

IORZ�WXEH�DQG�LQVHUW�WKH�DFWXDWRU�VKDIW�LQWR�WKH�JXLGH�FRQGXLW���3D\�DWWHQWLRQ�WR�WKH�WKUHDGHG

PRXQWLQJ�ERVV��IRU�WKH�GHWHFWRU�VKDIW��DQG�DOLJQ�DV�QHFHVVDU\�

�� &DUHIXOO\�LQVHUW�WKH�PHDVXUHPHQW�SLVWRQ�LQWR�WKH�IORZ�WXEH�XQWLO�WKH�ILUVW�UXORQ�ULGHU�JURRYH

LV�DERXW�WR�JR�LQWR�WKH�IORZ�WXEH��,QVWDOO�WKH�ILUVW�UXORQ�ULGHU�RQWR�WKH�PHDVXUHPHQW�SLVWRQ

ZLWK�WKH�JDS�DW�WKH�ERWWRP�RI�WKH�SLVWRQ���/XEULFDWH�WKH�ULGHU�ZLWK�OLJKW�RLO��

��� 6OLGH� WKH�PHDVXUHPHQW�SLVWRQ�LQWR� WKH�IORZ�WXEH�XS�WR� WKH�XSVWUHDP�VHDO�� �/XEULFDWH� WKH

XSVWUHDP�VHDO�ZLWK�OLJKW�RLO���,I�WKH�XSVWUHDP�VHDO�LV�LQVWDOOHG�FRUUHFWO\��WKH�VHDO�VKRXOG�VOLS

LQWR�WKH�IORZ�WXEH�ZKHQ�JHQWO\�SUHVVLQJ�RQ�WKH�SLVWRQ�

��� 3UHVV�WKH�PHDVXUHPHQW�SLVWRQ�LQWR�WKH�IORZ�WXEH�XQWLO�WKH�VHFRQG�UXORQ�ULGHU�JURRYH�LV�DERXW

WR�JR�LQWR�WKH�IORZ�WXEH���,QVWDOO�WKH�VHFRQG�ULGHU�RQWR�WKH�SLVWRQ�ZLWK�WKH�JDS�DW�WKH�ERWWRP

RI�WKH�SLVWRQ��/XEULFDWH�WKH�ULGHU�ZLWK�OLJKW�RLO�

��� 3UHVV�WKH�SLVWRQ�LQWR�WKH�IORZ�WXEH�SDVW�WKH�VHFRQG�UXORQ�ULGHU�DQG�XS�WR�WKH�GRZQVWUHDP�VHDO�

/XEULFDWH� WKH� GRZQVWUHDP� VHDO� ZLWK� OLJKW� RLO�� � *HQWO\� SUHVV� RQ� WKH� SRSSHW� XQWLO� WKH

GRZQVWUHDP�VHDO�VOLSV�LQWR�WKH�IORZ�WXEH�

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

��� 8VLQJ�D�IODVKOLJKW��ORRN�WKURXJK�WKH�KROH�LQ�WKH�LQOHW�IODQJH�ZKHUH�WKH�RSWLFDO�GHWHFWRU�VKDIW

JRHV�WKURXJK���&KHFN�WKH�DOLJQPHQW�RI�WKH�WKUHDGHG�PRXQWLQJ�ERVV�RQ�WKH�SLVWRQ���7KH�ERVV

PXVW�EH�DOLJQHG�ZLWK�WKLV�KROH�LQ�WKH�LQOHW�IODQJH�IRU�FRUUHFW�LQVWDOODWLRQ�RI�WKH�GHWHFWRU�VKDIW�

5RWDWH�WKH�SLVWRQ�LI�QHFHVVDU\�WR�DOLJQ�WKH�ERVV�

��� 5HPRYH�WKH�JXLGH�FRQGXLW�IURP�WKH�DFWXDWRU�VKDIW���3XOO�WKH�DFWXDWRU�VKDIW�RXW�IURP�WKH�WHH

RI�WKH�LQOHW�IODQJH�XQWLO�WKH�SLVWRQ�LV�DSSUR[LPDWHO\�KDOI�ZD\�LQVLGH�WKH�IORZ�WXEH���5HFKHFN

WKH�DOLJQPHQW�RI�WKH�PRXQWLQJ�ERVV�RQ�WKH�SLVWRQ�ZLWK�WKH�KROH�LQ�WKH�LQOHW�IODQJH�IRU�WKH

GHWHFWRU�VKDIW�

,I�UHDOLJQPHQW�LV�QHFHVVDU\��WKH�SRSSHW�PXVW�EH�XVHG�WR�µWDS¶�WKH�SLVWRQ�LQWR�SRVLWLRQ���3XOO

RQ�WKH�DFWXDWRU�VKDIW�HQRXJK�WR�RSHQ�WKH�SRSSHW���6SLQ�WKH�DFWXDWRU�VKDIW��LQ�WKH�GLUHFWLRQ

QHFHVVDU\�IRU�DOLJQPHQW��ZKHQ�VOLJKWO\�SXVKLQJ�WKH�SRSSHW�DJDLQVW�WKH�SLVWRQ���7KLV�ZLOO�PDNH

WKH�SRSSHW�µWDS¶�RQ�WKH�SLVWRQ�DQG�PRYH�WKH�SLVWRQ�LQWR�DOLJQPHQW���,W�PD\�EH�QHFHVVDU\�WR

UHSHDW�WKLV�SURFHGXUH�WR�DOLJQ�WKH�WKUHDGHG�PRXQWLQJ�ERVV�FRUUHFWO\���

��� ,QVWDOO�WKH�GHWHFWRU�VKDIW�LQWR�WKH�WKUHDGHG�PRXQWLQJ�ERVV�DQG�WLJKWHQ�E\�KDQG���$W�WKLV�SRLQW�

LW�LV�UHFRPPHQGHG�WR�LQVWDOO�WKH�RSWLFDO�VHDO�VXSSRUW�RYHU�WKH�GHWHFWRU�VKDIW���7KLV�KROGV�WKH

SLVWRQ�LQ�DOLJQPHQW�IRU�WKH�UHPDLQGHU�RI�WKH�DVVHPEO\�SURFHGXUHV�� �6HH�6HFWLRQ������IRU

RSWLFDO�VHDO�VXSSRUW�DVVHPEO\�DQG�LQVWDOODWLRQ�

��� ,QVWDOO�WKH�R�ULQJ�LQ�WKH�JURRYH�RI�WKH�RXWOHW�IODQJH�XVLQJ�OXEULFDQW�WR�KROG�LW�LQ�SODFH�

��� /LIW�WKH�RXWOHW�IODQJH�ZLWK�D�KRLVW�DQG�DOLJQ�LW�RQ�WKH�HQG�RI�WKH�IORZ�WXEH���,QVHUW�IRXU�����WLH

URGV�WKURXJK�WKH�IORZ�WXEH�IODQJHV�WKDW�DUH�GLDJRQDO�IURP�HDFK�RWKHU���

��� ,QVWDOO�WKH�WLH�URG�QXWV�WR�WKH�IRXU�WLH�URGV�DQG�WLJKWHQ�WKHP�WR�SXOO�WKH�IORZ�WXEH�DQG�WKH

RXWOHW�IODQJH�VQXJ�DJDLQVW�WKH�LQOHW�IODQJH���3D\�DWWHQWLRQ�WR�WKH�R�ULQJV�LQ�WKH�HQG�IODQJHV�DQG

EH�FHUWDLQ�WKH\�UHPDLQ�LQ�SODFH���&DUH�VKRXOG�EH�WDNHQ�WR�DYRLG�VFUDSLQJ�SDLQW�LQWR�WKH�VSDFH

EHWZHHQ�WKH�IODQJHV�DQG�WKH�IORZ�WXEH�

��� ,QVWDOO�WKH�UHPDLQLQJ�WLH�URGV�DQG�QXWV���7LJKWHQ�QXWV�HQRXJK�WR�EULQJ�WKH�IODQJHV�DQG�IORZ

WXEH�WRJHWKHU�

��� &KHFN�WKH�DOLJQPHQW�RI�WKH�RXWOHW�IODQJH�ZLWK�WKH�LQOHW�SLSH�IODQJH���$�VWDQGDUG�OHYHO�DQG�WKH

LQVWDOODWLRQ�VWXGV��IRU�WKH�RXWOHW�IODQJH��PD\�EH�XVHIXO���5RWDWLRQ�RI�WKH�RXWOHW�IODQJH�ZLOO

EULQJ�WKH�EROW�SDWWHUQ�LQWR�DOLJQPHQW�

��� 7RUTXH� WKH� WLH� URG�QXWV� WR� WKH�YDOXHV� VSHFLILHG� LQ�7DEOH����� IRU� WKH�SURSHU�SURYHU� VL]H�

7RUTXH�DOO�WKH�WLH�URG�QXWV�LQ�D�µFULVV�FURVV¶�SDWWHUQ�

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ����

��� )ROORZ�WKH�DSSURSULDWH�DVVHPEO\�SURFHGXUHV�IRU�LQVWDOODWLRQ�RI�WKH�K\GUDXOLF�VHDO�VXSSRUW�

K\GUDXOLF�F\OLQGHU��RSWLFDO�VHDO�VXSSRUW��DQG�RSWLFDO�DVVHPEO\���6HH�6HFWLRQV�������DQG�������

��� ,W�LV�UHFRPPHQGHG�WKDW�WKH�OHDN�FKHFN�SURFHGXUH�EH�SHUIRUPHG�DIWHU�VHDO�UHSODFHPHQW�WR

DVVXUH�WKDW�WKH�PHDVXUHPHQW�SLVWRQ�VHDOV�DUH�ZRUNLQJ�FRUUHFWO\���6HH�6HFWLRQ�����

��� $�K\GURVWDWLF�SUHVVXUH�WHVW�LV�DOVR�UHFRPPHQGHG�IROORZLQJ�WKH�UH�DVVHPEO\�RI�WKH�&RPSDFW

3URYHU��

7DEOH�������7LH�5RG�1XW�7RUTXH

3URYHU�6L]H 7RUTXH�YDOXH

�� ����IW�OEV �����1P�

����0LQL ����IW�OEV �������1P�

��� ����IW�OEV �������1P�

��� ������IW�OEV �������1P�

��� ������IW�OEV �������1P�

��� ������IW�OEV �������1P�

��� ������IW�OEV �������1P�

3URFHGXUH�%���3LVWRQ�DQG�)ORZ�7XEH�'LVDVVHPEO\

�� 3ODFH�WKH�PHDVXUHPHQW�SLVWRQ�LQ�WKH�IXOO�XSVWUHDP�SRVLWLRQ�

�� $WWDFK�WKH�RXWOHW�IODQJH�WR�D�KRLVW�DQG�VXSSRUW�WKH�IODQJH�VR�WKDW�LW�ZLOO�EH�KHOG�LQ�SODFH�ZKHQ

WKH�WLH�URGV�DUH�UHPRYHG�

�� 0DNH�VXUH� WKDW� WKH� VXSSRUW� VDGGOHV�EHORZ� WKH� IORZ� WXEH�ZLOO�KROG� LW� LQ�SRVLWLRQ�ZLWKRXW

DOORZLQJ�LW�WR�GURS�ZKHQ�WKH�RXWOHW�IODQJH�LV�UHPRYHG���$GMXVW�LI�QHFHVVDU\�

�� 5HPRYH�WKH�WLH�URG�QXWV�VHFXULQJ�WKH�RXWOHW�IODQJH�DVVHPEO\�

�� 5HPRYH�WKH�RXWOHW�IODQJH�DQG�WKHQ�DOO�EXW�WKH�ORZHU�WZR�WLH�URGV�

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

�� 8VLQJ�D�KRLVW�� VXSSRUW� WKH� IORZ� WXEH�� �7DNH� FDUH� WR�NHHS� WKH� IORZ� WXEH� OHYHO� WR�SUHYHQW

GDPDJH�WR�WKH�SLVWRQ��DFWXDWRU�VKDIW��DQG�GHWHFWRU�VKDIW�

�� .HHSLQJ�WKH�IORZ�WXEH�OHYHO��VOLGH�WKH�IORZ�WXEH�RII�WKH�SLVWRQ���

�� $IWHU�UHPRYDO��VXSSRUW�WKH�SLVWRQ�LQ�VXFK�D�ZD\�DV�WR�SUHYHQW�WKH�SLVWRQ�ZHLJKW�IURP�UHVWLQJ

RQ�WKH�VHDOV�RI�WKH�K\GUDXOLF�VHDO�VXSSRUW�RU�WKH�RSWLFDO�VHDO�VXSSRUW���

�� 3UHVV�WKH�SRSSHW�YDOYH�RSHQ�DQG�VHFXUH�LW�LQ�SRVLWLRQ�XVLQJ�D�ZRRGHQ�EORFN�RU�QRQ�PDUULQJ

GRZHO�

��� 5HPRYH�WKH�R�ULQJ�IURP�WKH�JURRYH�LQ�WKH�SRSSHW�YDOYH���5HPRYDO�RI�WKH�SRSSHW�YDOYH�DW�WKLV

WLPH�ZLOO�HDVH�UHSODFHPHQW�RI�WKH�SRSSHW�VHDO�

��� 5HPRYH�WKH�SLVWRQ�VHDOV�DQG�UXORQ�ULGHUV�

��� &DUHIXOO\�FOHDQ�DQG�H[DPLQH�WKH�IORZ�WXEH�ERUH�IRU�VFRULQJ��FRUURVLRQ�RU�RWKHU�VLJQV�RI�ZHDU

RU�GDPDJH���&RQVXOW�WKH�IDFWRU\�FRQFHUQLQJ�UHSODFHPHQW�

3URFHGXUH�%���3LVWRQ�DQG�)ORZ�7XEH�$VVHPEO\

,Q�WKH�IROORZLQJ�SURFHGXUHV�ZKHUH�OXEULFDWLRQ�RI�SDUWV� LV�UHFRPPHQGHG��LW�VKRXOG�EH�QRWHG�WKDW

H[FHVVLYH�DPRXQWV�RI�OXEULFDWLRQ�VKRXOG�EH�DYRLGHG�DV�WKH�EDVH�YROXPH�RI�VXEVHTXHQW�ZDWHU�GUDZ

FRXOG�EH�DIIHFWHG�

�� ,I�WKH�XSVWUHDP�IORZ�WXEH�R�ULQJ�LV�WR�EH�UHSODFHG��LQVWDOO�WKH�QHZ�R�ULQJ�LQ�LWV�JURRYH�XVLQJ

OXEULFDQW��ZKLWH�OLWKLXP�JUHDVH��WR�KROG�LQ�SODFH�

�� /XEULFDWH� WKH� SRSSHW� YDOYH� R�ULQJ� DQG� ILW� LW� RQWR� WKH� JURRYH� LQ� WKH� SRSSHW� YDOYH�� � ,W� LV

UHFRPPHQGHG�WKDW�WKH�R�ULQJ�EH�SUHVVHG�LQWR�WKH�JURRYH�LQ�SODFHV�����DSDUW�WR�KHOS�HOLPLQDWH

DQ\�WZLVWLQJ�RU�VWUHWFKLQJ���6HH�)LJXUH�������&DUH�PXVW�EH�WDNHQ�ZKHQ�ZRUNLQJ�WKH�VHDO�LQWR

WKH�SRSSHW�JURRYH�DV�WKH�VHDO�PD\�VWUHWFK�DQG�QRW�VHDW�FRUUHFWO\���7KH�XVH�RI�D�VPRRWK�SODVWLF

WRRO�PD\�DVVLVW�LQ�ZRUNLQJ�WKH�VHDO�LQWR�WKH�SRSSHW�JURRYH���:RUNLQJ�WKH�VHDO�RQ�RSSRVLWH

VLGHV�RI�WKH�JURRYH�HYHU\�IHZ�LQFKHV�ZLOO�DVVLVW�LQ�SURSHU�LQVWDOODWLRQ���8VH�FDUH�WR�SUHYHQW

GDPDJH�WR�WKH�R�ULQJ�

�� ,I�WKH�SRSSHW�YDOYH�KDV�EHHQ�UHPRYHG�IURP�WKH�PHDVXUHPHQW�SLVWRQ��LQVWDOO�LW�DW�WKLV�WLPH�

7RUTXH�WKH�SRSSHW�EROWV�WR����IW�OE�����1P��

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ����

7KH���´�&RPSDFW�3URYHU�KDV�WZR�GLIIHUHQW�VL]HG�ULGHUV��D�WKLFN�ULGHU�DQG�D�WKLQ�ULGHU���7KH

WKLFN�ULGHU�ILWV�LQ�WKH�XSVWUHDP�JURRYH�RI�WKH�SLVWRQ���7KH�WKLQ�ULGHU�ILWV�LQ�WKH�GRZQVWUHDP

JURRYH�RI�WKH�SLVWRQ��EHWZHHQ�WKH�WZR�SLVWRQ�VHDOV��$OO�RWKHU�VL]H�SURYHUV�KDYH�LGHQWLFDO

ULGHUV�

�� /XEULFDWH�WKH�WZR�PHDVXUHPHQW�SLVWRQ�VHDOV�ZLWK�OLJKW�RLO�DQG�LQVWDOO�WKHP�RQ�WKH�SLVWRQ���7KH

RSHQ�VLGHV�RI�WKH�WZR�VHDOV�ZLOO�EH�IDFLQJ�DZD\�IURP�HDFK�RWKHU�ZKHQ�LQVWDOOHG�FRUUHFWO\�

(DFK�VHDO�ZLOO�UHTXLUH�SURSHU�ILWWLQJ����2QFH�WKH�VHDO�LV�DURXQG�WKH�JURRYH��WKH�VHDO�PXVW�EH

SXVKHG�LQWR�WKH�JURRYH���$�µVQDS¶�ZLOO�EH�KHDUG�RQFH�WKH�VHDO�VHDWV�LQ�WKH�JURRYH���%H�VXUH

WR�FKHFN�WKDW�WKH�HQWLUH�VHDO�LV�SURSHUO\�VHDWHG�

�� 7HVW�ILW�RI�WKH�UXORQ�ULGHUV�RQ�WKH�PHDVXUHPHQW�SLVWRQ���7ULP�DQ\�H[FHVV�OHQJWK�VR�WKDW�WKHUH

ZLOO�EH�D�����´�JDS�EHWZHHQ�WKH�HQGV�RI�HDFK�ULGHU���5HPRYH�WKH�ULGHUV�IURP�WKH�SLVWRQ�DQG

OD\�WKHP�DVLGH�IRU�ODWHU�XVH�

�� /XEULFDWH� WKH� LQVLGH� RI� WKH� IORZ� WXEH� ZLWK� OLJKW� RLO�� � $OLJQ� WKH� IORZ� WXEH� ZLWK� WKH

PHDVXUHPHQW�SLVWRQ�

�� &DUHIXOO\�VOLGH�WKH�IORZ�WXEH�RYHU�WKH�PHDVXUHPHQW�SLVWRQ�XQWLO�WKH�ILUVW�VHDO�JRHV�LQWR�WKH

IORZ�WXEH���7DNH�FDUH�WR�SUHYHQW�WKH�VHDO�IURP�IROGLQJ�EDFNZDUGV�GXULQJ�WKLV�SURFHVV���,QVWDOO

WKH�ILUVW�UXORQ�ULGHU�RQWR�WKH�PHDVXUHPHQW�SLVWRQ�ZLWK�WKH�JDS�DW�WKH�ERWWRP�RI�WKH�SLVWRQ�

/XEULFDWH�WKH�ULGHU�ZLWK�OLJKW�RLO��

�� 6OLGH�WKH�IORZ�WXEH�RYHU�PHDVXUHPHQW�SLVWRQ�XS�WR�WKH�UHDU�ULGHU���7KH�VHFRQG�SLVWRQ�VHDO

VKRXOG�VOLS�LQWR�WKH�IORZ�WXEH�ZLWKRXW�IDLO�

�� ,QVWDOO�WKH�VHFRQG�UXORQ�ULGHU�RQWR�WKH�PHDVXUHPHQW�SLVWRQ�ZLWK�WKH�JDS�DW�WKH�ERWWRP�RI�WKH

SLVWRQ���/XEULFDWH�WKH�ULGHU�ZLWK�OLJKW�RLO�

��� 3UHVV�WKH�IORZ�WXEH�RYHU�WKH�PHDVXUHPHQW�SLVWRQ�XQWLO�WKH�VHFRQG�UXORQ�ULGHU�JRHV�LQWR�WKH

IORZ�WXEH��

��� 6OLGH�WKH�IORZ�WXEH�XS�WR�WKH�XSVWUHDP�IODQJH�

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

��� ,QVWDOO�WKH�R�ULQJ�LQ�WKH�JURRYH�RI�WKH�RXWOHW�IODQJH�XVLQJ�OXEULFDQW�WR�KROG�LW�LQ�SODFH�

��� /LIW�WKH�RXWOHW�IODQJH�ZLWK�D�KRLVW�DQG�DOLJQ�LW�RQ�WKH�HQG�RI�WKH�IORZ�WXEH���,QVHUW�IRXU�����WLH

URGV�WKURXJK�WKH�IORZ�WXEH�IODQJHV�WKDW�DUH�GLDJRQDO�IURP�HDFK�RWKHU�

��� ,QVWDOO�WKH�WLH�URG�QXWV�WR�WKH�IRXU�WLH�URGV�DQG�WLJKWHQ�WKHP�WR�SXOO�WKH�IORZ�WXEH�DQG�WKH

RXWOHW�IODQJH�VQXJ�DJDLQVW�WKH�LQOHW�IODQJH���3D\�DWWHQWLRQ�WR�WKH�R�ULQJV�LQ�WKH�HQG�IODQJHV�DQG

EH�FHUWDLQ�WKH\�UHPDLQ�LQ�SODFH���&DUH�VKRXOG�EH�WDNHQ�WR�DYRLG�VFUDSLQJ�SDLQW�LQWR�WKH�VSDFH

EHWZHHQ�WKH�IODQJHV�DQG�WKH�IORZ�WXEH�

��� ,QVWDOO�WKH�UHPDLQLQJ�WLH�URGV�DQG�QXWV���7LJKWHQ�QXWV�HQRXJK�WR�EULQJ�WKH�IODQJHV�DQG�IORZ

WXEH�WRJHWKHU�

��� &KHFN�WKH�DOLJQPHQW�RI�WKH�RXWOHW�IODQJH�ZLWK�WKH�LQOHW�SLSH�IODQJH���$�VWDQGDUG�OHYHO�DQG�WKH

LQVWDOODWLRQ�VWXGV��IRU�WKH�RXWOHW�IODQJH��PD\�EH�XVHIXO���5RWDWLRQ�RI�WKH�RXWOHW�IODQJH�ZLOO

EULQJ�WKH�EROW�SDWWHUQ�LQWR�DOLJQPHQW�

��� 7RUTXH� WKH� WLH� URG�QXWV� WR� WKH�YDOXHV� VSHFLILHG� LQ�7DEOH� ���� IRU� WKH�SURSHU�SURYHU� VL]H�

7RUTXH�DOO�WKH�WLH�URG�QXWV�LQ�D�µFULVV�FURVV¶�SDWWHUQ�

��� ,W� LV�UHFRPPHQGHG�WKDW�WKH�OHDN�FKHFN�SURFHGXUH�EH�SHUIRUPHG�DIWHU�VHDO�UHSODFHPHQW�WR

DVVXUH�WKDW�WKH�PHDVXUHPHQW�SLVWRQ�VHDOV�DUH�ZRUNLQJ�FRUUHFWO\���6HH�6HFWLRQ�����

��� $�K\GURVWDWLF�SUHVVXUH�WHVW�LV�DOVR�UHFRPPHQGHG�IROORZLQJ�WKH�UH�DVVHPEO\�RI�WKH�&RPSDFW

3URYHU�

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ����

����� 2SWLFDO�6HDO�6XSSRUW

7R�GHWHUPLQH�LI�WKH�RSWLFDO�VHDO�VXSSRUW�LV�LQ�QHHG�RI�UHSDLU��FKHFN�WKH�ZHHS�KROH�DW�WKH�ERWWRP�RI�WKH

VHDO�VXSSRUW���,I�OLQH�SURGXFW�LV�OHDNLQJ�IURP�WKH�ZHHS�KROH��WKH�VHDOV�LQWHUQDO�WR�WKH�VXSSRUW�VKRXOG

EH�LQVSHFWHG�IRU�SRVVLEOH�UHSODFHPHQW�

'LVDVVHPEO\

5HIHUHQFH�)LJXUH�����

�� 5HPRYH�WKH�EUDFNHW�VHFXULQJ�WKH�RSWLFDO�VZLWFK�FRYHU�

�� 5HPRYH�WKH�RSWLFDO�VZLWFK�FRYHU�DQG�R�ULQJ�

�� 'LVFRQQHFW�WKH�PDLQ�SOXJ�WR�WKH�RSWLFDO�VZLWFK�ZLULQJ�KDUQHVV�QHDU�WKH�VHDO�VXSSRUW���5HPRYH

WKH�µKRRS�VW\OH¶�ZLUH�DQFKRU�WKDW�KROGV�LW�WR�WKH�RSWLFDO�IUDPH�

�� /RRVHQ�WKH�FODPSLQJ�VFUHZV�WKDW�KROG�WKH�IODJ�DVVHPEO\�WR�WKH�GHWHFWRU�VKDIW��

�� &DUHIXOO\�VOLGH�WKH�IODJ�DVVHPEO\�RII�RI�WKH�VKDIW���'2�127�GDPDJH�RU�GLVWXUE�WKH�SRVLWLRQ

RI�WKH�RSWLFDO�VZLWFKHV���%H�FDUHIXO�QRW�WR�VWULNH�WKHP�ZLWK�WKH�IODJ�ZKHQ�LW�LV�UHPRYHG�

�� 5HPRYH�WKH�RSWLFDO�DVVHPEO\�E\�UHPRYLQJ�WKH�IRXU�����VRFNHW�KHDG�VFUHZV�KROGLQJ�LW�WR�WKH

VHDO�VXSSRUW���7HPSRUDULO\�SODFH�WKH�RSWLFDO�DVVHPEO\�ZKHUH�LW�ZLOO�QRW�JHW�GDPDJHG�

6(5,286�3(5621$/�,1-85<

9HULI\�WKDW�DOO�SLSHOLQH�SURFHVV�IOXLG�SUHVVXUH�KDV�EHHQ�UHPRYHG�IURP�WKH�SURYHU��

)DLOXUH�WR�UHOHDVH�SUHVVXUH�SULRU�WR�WKH�QH[W�VWHS�PD\�UHVXOW�LQ�VHULRXV�SHUVRQDO�LQMXU\�

�� 5HPRYH�WKH�WKUHH�����VRFNHW�KHDG�VFUHZV�IURP�WKH�RSWLFDO�VHDO�VXSSRUW�WKDW�KROG�LW�WR�WKH�LQOHW

IODQJH���5HPRYH�WKH�VHDO�VXSSRUW�DQG�R�ULQJ�E\�FDUHIXOO\�VOLGLQJ�LW�RII�WKH�GHWHFWRU�VKDIW�

,QVSHFW�IRU�ZHDU�RU�GDPDJH�

7,3��,I�WKH�FRQGXLW�FRQQHFWLRQ�WR�WKH�RSWLFDO�VHDO�VXSSRUW�QHHGV�WR�EH�UHPRYHG��ORRVHQ�WKH

FODPSLQJ�QXW�RQ�WKH�EOXH�FRQGXLW�DQG�UHPRYH�WKH�FRQQHFWLRQ�SLQV�IURP�LQVLGH�WKH�ZLULQJ

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

KDUQHVV�SOXJ�GHVFULEHG�LQ�VWHS�����$�VPDOO�SRLQWHG�XWHQVLO�PD\�EH�XVHG�IRU�WKLV��2QFH�WKH

ZLUHV�DUH�UHPRYHG�IURP�WKH�SOXJ��WKH�ZLUHV�PD\�EH�SXOOHG�RXW�RI�WKH�VHDO�VXSSRUW���'R�QRW

UHPRYH�WKH�FOHDU�WXELQJ�SURWHFWLQJ�WKH�ZLUHV�LQ�WKH�VHDO�VXSSRUW�

)LJXUH�������2SWLFDO�6HDO�6XSSRUW�$VVHPEO\

�� 5HIHUULQJ�WR�)LJXUH�����UHPRYH�WKH�UHWDLQLQJ�ULQJV��VHDOV��DQG�EDFN�XS�ZDVKHUV�IURP�WKH

RSWLFDO�VHDO�VXSSRUW��,QVSHFW�IRU�ZHDU�RU�GDPDJH�

�� &OHDQ�DOO�SDUWV��H[FHSW�HOHFWULFDO�DVVHPEOLHV��LQ�D�VXLWDEOH�VROYHQW�DV�UHTXLUHG�DQG�LQVSHFW�IRU

VLJQV�RI�DEQRUPDO�ZHDU��FRUURVLRQ��FUDFNLQJ��HWF�

��� ,QVSHFW�RSWLFDO�VKDIW�IRU�QLFNV��VFUDWFKHV��JDOOLQJ�RU�EXLOG�XS�RI�FRQWDPLQDQWV��3ROLVK�ZLWK

����JULW�RU�ILQHU�VDQGSDSHU�ZLWK�ZDWHU�DQG�ZLSH�ZLWK�VROYHQW�DV�UHTXLUHG�

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ����

��� &KHFN� WKH� UXORQ�EXVKLQJV� LQ� WKH�RSWLFDO� VHDO� VXSSRUW� IRU� FOHDUDQFH�RQ� WKH�RSWLFDO� VKDIW�

&RUUHFW� FOHDUDQFH� LV� ������ WR� ����� LQFK�� ,I� FOHDUDQFH� LV� H[FHVVLYH� FRQVXOW� WKH� IDFWRU\

FRQFHUQLQJ�UHSODFHPHQW�

$VVHPEO\

5HIHUHQFH�)LJXUH�����

�� 2Q�WKH�QDUURZ�HQG�RI�WKH�RSWLFDO�VHDO�VXSSRUW��LQVWDOO�WKH�VPDOO�RSWLFDO�VHDO�ZDVKHU��WKH�VPDOO

EDO�VHDO��WKH�EDFNXS�ZDVKHU��WKH�ODUJHU�EDO�VHDO�DQG�UHWDLQLQJ�ULQJ�LQ�WKDW�RUGHU���7KH�RSHQ

HQGV�RI�DOO�VHDOV�DUH�WR�IDFH�LQWR�WKH�IORZ�WXEH���2Q�WKH�RSSRVLWH�HQG��LQVWDOO�WKH�EDO�VHDO�DQG

WKH�EDFNXS�ZDVKHU���6HFXUH�ZLWK�WKH�UHWDLQHU�ULQJ�

�� ,QVWDOO�WKH�R�ULQJ�RQ�WKH�RSWLFDO�VHDO�VXSSRUW�

�� ,QVWDOO�WKH�RSWLFDO�VHDO�VXSSRUW�DVVHPEO\�WR�WKH�LQOHW�IODQJH�XVLQJ�WKH�WKUHH�����VRFNHW�KHDG

FDS�VFUHZV���3D\�DWWHQWLRQ�WR�WKH�ORFDWLRQ�RI�WKH�PRGLILHG�FDS�VFUHZ��ZKLFK�LV�ORFDWHG�DFURVV

IURP�WKH�FRQGXLW�HOERZ�

127(��,I�WKH�ZLULQJ�KDUQHVV�SOXJ�ZDV�UHPRYHG�GXULQJ�GLVDVVHPEO\��UHLQVWDOO�WKH�ZLUHV�DQG

SOXJ�DW�WKLV�SRLQW���7KH�PDWLQJ�KDUQHVV�SOXJ�RQ�WKH�RSWLFDO�DVVHPEO\�PD\�EH�XVHG�DV�UHIHUHQFH

WR�LQVWDOO�WKH�ZLUHV�EDFN�LQWR�WKH�SOXJ���0DNH�WKH�ZLUH�FRORUV�PDWFK�RQH�DQRWKHU���6OLJKWO\

EHQG�WKH�UHWDLQLQJ�FOLS�RXW�LI�QHFHVVDU\�WR�PDNH�WKH�SLQV�ILW�VHFXUHO\���$�µVQDS¶�VRXQG�ZLOO

EH�KHDUG�ZKHQ�WKH�SLQV�DUH�LQ�SODFH�

�� 6OLGH�WKH�IODJ�EDFN�DQG�IRUWK�DORQJ�WKH�RSWLFDO�DVVHPEO\�FKHFNLQJ�WR�DVVXUH�WKDW�LW�SDVVHV

WKURXJK�WKH�FHQWHU�RI�HDFK�RSWLFDO�VZLWFK��$GMXVW�LI�QHFHVVDU\�

�� 6OLGH�WKH�RSWLFDO�DVVHPEO\�DQG�WKH�IODJ�RYHU�WKH�GHWHFWRU�VKDIW���,QVWDOO�WKH�RSWLFDO�DVVHPEO\

WR�WKH�VHDO�JODQG�XVLQJ�WKH�IRXU�����VRFNHW�KHDG�FDS�VFUHZV���3D\�DWWHQWLRQ�WR�WKH�ORFDWLRQ�RI

WKH�VPDOO�FDS�VFUHZ�

�� 3ODFH�WKH�SLVWRQ�LQ�WKH�IXOO�XSVWUHDP�SRVLWLRQ��WKH�SLVWRQ�ZLOO�VWRS�DJDLQVW�WKH�LQOHW�IODQJH��

�� &HQWHU�WKH�IODJ�LQ�WKH�XSVWUHDP�VZLWFK�WKHQ�WLJKWHQ�WKH�FODPS�VFUHZV��7KH�IODJ�VKRXOG�EH

ILUPO\�FODPSHG�WR�WKH�GHWHFWRU�VKDIW�

�� $IWHU�DFKLHYLQJ�SURSHU�DOLJQPHQW�RI�WKH�RSWLFDO�V\VWHP��LQVWDOO�WKH�R�ULQJ�DQG�WKH�FRYHU�WXEH�

7KH�FRYHU�VKRXOG�EH�SRVLWLRQHG�ZLWK�WKH�ERVV�RQ�WKH�VLGH�

�� ,QVWDOO�WKH�EUDFH�IURP�WKH�VXSSRUW�EDU�WR�WKH�RSWLFDO�DVVHPEO\�

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

����� +\GUDXOLF�&\OLQGHU�DQG�+\GUDXOLF�6HDO�6XSSRUW

7R�GHWHUPLQH�LI�DQ\�RI�VHDOV�LQ�WKH�K\GUDXOLF�F\OLQGHU�RU�WKH�K\GUDXOLF�VHDO�VXSSRUW�DUH�LQ�QHHG�RI

UHSODFHPHQW��FKHFN�WKH�ZHHS�KROH�DW�WKH�ERWWRP�RI�WKH�VHDO�VXSSRUW���,I�OLQH�SURGXFW�LV�OHDNLQJ�IURP

WKH�ZHHS�KROH��WKH�VXSSRUW�VHDOV�DUH�LQ�QHHG�RI�UHSODFHPHQW���,I�WKHUH�LV�K\GUDXOLF�IOXLG�OHDNLQJ�IURP

WKH�ZHHS�KROH��WKH�VHDOV�LQWHUQDO�WR�WKH�K\GUDXOLF�F\OLQGHU�DUH�LQ�QHHG�RI�LQVSHFWLRQ�IRU�SRVVLEOH

UHSODFHPHQW�

'LVDVVHPEO\

5HIHUHQFHV�)LJXUHV������DQG������

)LJXUH��������+\GUDXOLF�6HDO�6XSSRUW�$VVHPEO\

�� &ORVH�WKH�VSULQJ�SOHQXP�VKXW�RII�YDOYH�WR�WKH�K\GUDXOLF�F\OLQGHU�DQG�UHPRYH�WKH�YDOYH¶V

KDQGOH���7KLV�ZLOO�SUHYHQW�DFFLGHQWDO�RSHQLQJ�RI�WKH�VSULQJ�SOHQXP�DQG�ORVV�RI�WKH�QLWURJHQ

ZLWKLQ�

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ����

0(&+$1,&$/�(48,30(17�'$0$*(

'R�QRW�GDPDJH�WKH�RXWHU�VXUIDFH�RI�WKH�DFWXDWRU�VKDIW�

'DPDJLQJ�WKH�DFWXDWRU�VKDIW�PD\�UHVXOW�LQ�VHDO�GDPDJH�

�� /RRVHQ�WKH�1LWURJHQ�VXSSO\�OLQH�DW�WKH�HQG�RI�WKH�K\GUDXOLF�F\OLQGHU���$OORZ�WKH�JDV�LQ�WKH

VXSSO\�OLQH�WR�HVFDSH�

�� 'LVFRQQHFW�WKH�1LWURJHQ�VXSSO\�OLQH�IURP�WKH�K\GUDXOLF�F\OLQGHU�

�� 'UDLQ�WKH�K\GUDXOLF�IOXLG�IURP�WKH�K\GUDXOLF�F\OLQGHU�E\�GLVFRQQHFWLQJ�WKH�SUHVVXUH�KRVH

IURP�WKH�K\GUDXOLF�SXPS���,I�WKH�IOXLG�LV�FDXJKW�LQ�D�FOHDQ�FRQWDLQHU��LW�PD\�EH�UHXVHG��

�� 5HPRYH�WKH�IRXU�QXWV�VHFXULQJ�WKH�XSVWUHDP�IODQJH�RI�WKH�K\GUDXOLF�F\OLQGHU�

�� 5HPRYH�WKH�VXSSRUW�EUDFNHW�KROGLQJ�WKH�XSVWUHDP�HQG�RI�WKH�K\GUDXOLF�F\OLQGHU�

�� 5HPRYH�WKH�XSVWUHDP�IODQJH�DQG�R�ULQJ�IURP�WKH�DFWXDWRU�F\OLQGHU�

�� 5HPRYH�WKH�IRXU�K\GUDXOLF�F\OLQGHU�WLH�URGV���,I�WKH�URGV�FDQQRW�EH�UHPRYHG�E\�KDQG��LQVWDOO

WZR�QXWV��WLJKWHQ�WKHP�WRJHWKHU�DQG�XVH�D�ZUHQFK�RQ�WKH�LQQHU�QXW�WR�XQVFUHZ�WKH�URG��

�� 5HPRYH�WKH�K\GUDXOLF�F\OLQGHU�WXEH�DQG�R�ULQJ�WDNLQJ�FDUH�QRW�WR�GDPDJH�WKH�DFWXDWRU�SLVWRQ

RU�F\OLQGHU�WXEH���2LO�ZLOO�GUDLQ�IURP�WKH�F\OLQGHU�DV�LW�LV�SXOOHG�IURP�LWV�GRZQVWUHDP�IODQJH�

��� 5HPRYH�WKH�ORFN�QXW�DWWDFKLQJ�WKH�DFWXDWRU�SLVWRQ���$Q�LPSDFW�ZUHQFK�LV�UHFRPPHQGHG�IRU

WKLV�VWHS���+RZHYHU��LI�RQH�LV�QRW�DYDLODEOH�WKH�VWUDS�ZUHQFK�OLVWHG�LQ�6HFWLRQ�����PD\�EH�XVHG

WR�KROG�WKH�DFWXDWRU�VKDIW�ZKLOH�D�ZUHQFK�LV�XVHG�WR�UHPRYH�WKH�DFWXDWRU�SLVWRQ�QXW�

��� 5HPRYH�WKH�DFWXDWRU�SLVWRQ�DQG�FXVKLRQ���&DUH�VKRXOG�EH�WDNHQ�ZKHQ�UHPRYLQJ�WKH�SLVWRQ

IURP�WKH�DFWXDWRU�VKDIW��DV�WKHUH�LV�DQ�R�ULQJ�LQVLGH�WKH�SLVWRQ���5HPRYH�WKH�DFWXDWRU�SLVWRQ

DV�LI�XQWKUHDGLQJ�D�QXW�IURP�D�VFUHZ�

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

)LJXUH��������7\SLFDO�+\GUDXOLF�&\OLQGHU�$VVHPEO\

��� 5HPRYH�WKH�K\GUDXOLF�OLQHV�IURP�WKH�GRZQVWUHDP�IODQJH�RI�WKH�K\GUDXOLF�F\OLQGHU�

��� 5HPRYH�WKH�GRZQVWUHDP�IODQJH�RI�WKH�K\GUDXOLF�F\OLQGHU���6RPH�SURYHU�VL]HV�ZLOO�UHTXLUH

WKH�UHPRYDO�RI�PRXQWLQJ�VFUHZV�IRU�WKLV�IODQJH�

6(5,286�3(5621$/�,1-85<

9HULI\�WKDW�DOO�SLSHOLQH�SURFHVV�IOXLG�SUHVVXUH�KDV�EHHQ�UHPRYHG�IURP�WKH�SURYHU��

)DLOXUH�WR�UHOHDVH�SUHVVXUH�SULRU�WR�WKH�QH[W�VWHS�PD\�UHVXOW�LQ�VHULRXV�SHUVRQDO�LQMXU\�

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ����

��� 5HPRYH�WKH�VRFNHW�KHDG�VFUHZV�DWWDFKLQJ�WKH�DFWXDWRU�VHDO�VXSSRUW�WR�WKH�WHH�RI�WKH�LQOHW

IODQJH���5HPRYH�WKH�DFWXDWRU�VHDO�VXSSRUW�E\�FDUHIXOO\�VOLGLQJ�LW�RII�WKH�DFWXDWRU�VKDIW�

��� 5HIHUULQJ� WR�)LJXUH�������UHPRYH�WKH�UHWDLQLQJ�ULQJ��VHDOV�DQG�EDFN�XS�ZDVKHU�IURP�WKH

DFWXDWRU�VHDO�VXSSRUW���'HWHUPLQH�WKH�VXLWDELOLW\�RI�WKH�EDFNXS�ZDVKHU�IRU�UHXVH�

��� &OHDQ�DOO�SDUWV�LQ�D�VXLWDEOH�VROYHQW�DV�QHFHVVDU\�DQG�LQVSHFW�IRU�VLJQV�RI�DEQRUPDO�ZHDU�

FRUURVLRQ��FUDFNLQJ�HWF�

��� ,QVSHFW�WKH�DFWXDWRU�VKDIW�IRU�QLFNV��VFUDWFKHV��JDOOLQJ��RU�EXLOG�XS�RI�FRQWDPLQDQWV���3ROLVK

ZLWK�����JULW�RU�ILQHU�VDQGSDSHU��HPRU\�FORWK��DQG�ZDWHU���:LSH�ZLWK�VROYHQW�DV�QHHGHG�

��� &KHFN�WKH�EXVKLQJ�LQ�WKH�DFWXDWRU�VHDO�VXSSRUW�IRU�FOHDUDQFH�RQ�WKH�DFWXDWRU�URG���&RUUHFW

FOHDUDQFH�LV������WR������LQFK���,I�FOHDUDQFH�LV�H[FHVVLYH��FRQVXOW�WKH�IDFWRU\�IRU�UHSODFHPHQW�

$VVHPEO\

,Q� WKH� IROORZLQJ�SURFHGXUH�ZKHUH� OXEULFDWLRQ�RI�SDUWV� LV� UHFRPPHQGHG�� LW� VKRXOG�EH�QRWHG� WKDW

H[FHVVLYH�DPRXQWV�RI�OXEULFDWLRQ�VKRXOG�EH�DYRLGHG�DV�WKH�EDVH�YROXPH�RI�VXEVHTXHQW�ZDWHU�GUDZ

FRXOG�EH�DIIHFWHG�

5HIHUHQFH�)LJXUH������DQG������

�� ,QVWDOO�WKH�LQQHU�VHDO��WKH�EDFNXS�ZDVKHU��WKH�RXWHU��ODUJHU��VHDO�DQG�UHWDLQLQJ�ULQJ�LQWR�WKH

K\GUDXOLF�VHDO�VXSSRUW���2SHQ�HQGV�RI�ERWK�VHDOV�DUH�WR�IDFH�WKH�IORZ�WXEH�

�� ,QVWDOO�WKH�R�ULQJ�RQ�WKH�K\GUDXOLF�VHDO�VXSSRUW�KROGLQJ�LW�LQ�SODFH�ZLWK�D�VPDOO�DPRXQW�RI

OXEULFDQW�

�� ,QVWDOO�WKH�K\GUDXOLF�VHDO�VXSSRUW�RQ�WKH�LQOHW�IODQJH�E\�VOLGLQJ�LW�RQWR�WKH�DFWXDWRU�VKDIW�

$SSO\�D�VPDOO�DPRXQW�RI�JUHDVH�WR�WKH�DFWXDWRU�VKDIW�DW�WKH�EHYHOHG�HGJH�WR�DVVXUH�WKH�VHDOV

GR�QRW�IROG�RYHU���$OLJQ�WKH�VXSSRUW�ZLWK�WKH�ZHHS�KROH�SRLQWLQJ�GRZQ���$�VOLJKW�URWDWLRQ�RI

WKH�VXSSRUW�PD\�EH�QHFHVVDU\�WR�DOLJQ�WKH�EROW�SDWWHUQ�EHWZHHQ�WKH�VXSSRUW�DQG�WKH�LQOHW

IODQJH���6HFXUH�WKH�VXSSRUW�ZLWK�WKH�VRFNHW�KHDG�VFUHZV���

�� ,QVWDOO�WKH�GRZQVWUHDP�IODQJH�RI�WKH�K\GUDXOLF�F\OLQGHU�E\�VOLGLQJ�LW�RQWR�WKH�DFWXDWRU�VKDIW�

$SSO\�D�VPDOO�DPRXQW�RI�JUHDVH�WR�WKH�DFWXDWRU�VKDIW�DW�WKH�EHYHOHG�HGJH�WR�DVVXUH�WKH�VHDOV

GR�QRW�IROG�RYHU���$OLJQ�WKH�K\GUDXOLF�SRUWV�LQ�WKH�IODQJH�ZLWK�WKH�K\GUDXOLF�KRVHV�DQG�WKH

VWXG�KROHV�ZLWK�WKRVH�LQ�WKH�K\GUDXOLF�VHDO�VXSSRUW�

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

�� ,QVWDOO�WKH�EUDNLQJ�ZDVKHU�RQ�WKH�DFWXDWRU�VKDIW���7KH�FKDPIHU�RQ�WKH�EUDNLQJ�ZDVKHU�PXVW

IDFH�WKH�IORZ�WXEH���

�� ,QVWDOO�QHZ�VHDOV�RQ�WKH�DFWXDWRU�SLVWRQ�DQG�LQVWDOO�WKH�SLVWRQ�WR�WKH�DFWXDWRU�VKDIW���8VH�FDUH

QRW�WR�GDPDJH�WKH�R�ULQJ�LQ�WKH�ERUH�RI�WKH�DFWXDWRU�SLVWRQ�ZLWK�WKH�VKDIW�WKUHDGV�E\�WKUHDGLQJ

LW�RQWR�WKH�DFWXDWRU�VKDIW��

�� ,QVWDOO� WKH� ORFNLQJ� QXW� DQG� WLJKWHQ�ZLWK� DQ� LPSDFW�ZUHQFK�� �7KH� ORFNLQJ� QXW� VKRXOG� EH

WLJKWHQHG�XQWLO�WKH�DFWXDWRU�SLVWRQ�LV�XQDEOH�WR�WXUQ��

�� ,QVWDOO�WKH�WZR�����R�ULQJV�RQ�WKH�HQG�RI�WKH�K\GUDXOLF�F\OLQGHU�WXEH���3D\�DWWHQWLRQ�WR�WKH�IODW

R�ULQJ�DV�LW�PXVW�EH�LQVWDOOHG�ZLWK�WKH�IODW�VLGH�DJDLQVW�WKH�VKRXOGHU�RQ�WKH�HQG�RI�WKH�WXEH�

7KHQ�LQVWDOO�WKH�URXQG�R�ULQJ�

�� ,QVWDOO�WKH�K\GUDXOLF�F\OLQGHU�WXEH�RYHU�WKH�DFWXDWRU�SLVWRQ���8VH�D�VPRRWK�SLHFH�RI�SODVWLF�WR

FRPSUHVV�WKH�SLVWRQ�VHDO�DV�QHFHVVDU\���6OLGH�WKH�WXEH�XS�WR�ZLWKLQ�DSSUR[LPDWHO\��´�RI�WKH

GRZQVWUHDP�IODQJH���%H�VXUH�WKH�R�ULQJV�DUH�LQ�SODFH�

��� ,QVWDOO�WKH�K\GUDXOLF�F\OLQGHU�WLH�URGV�LQWR�WKH�WHH�RI�WKH�LQOHW�IODQJH���,I�WKH�URGV�KDYH�ORQJHU

WKUHDGV�RQ�RQH�HQG��LQVWDOO�WKHVH�HQGV�LQ�WKH�WHH�

��� ,QVWDOO�WKH�R�ULQJV�RQWR�WKH�XSVWUHDP�HQG�RI�WKH�K\GUDXOLF�F\OLQGHU�WXEH���7KHVH�R�ULQJV�DUH

LQVWDOOHG�LQ�WKH�VDPH�PDQQHU�DV�LQ�VWHS�����

��� ,QVWDOO�WKH�XSVWUHDP�IODQJH�RI�WKH�K\GUDXOLF�F\OLQGHU���$OVR�LQVWDOO�WKH�EUDFLQJ�SODWH�IURP�WKH

VXSSRUW�EDU�LI�VR�HTXLSSHG�

��� ,QVWDOO�WKH�IRXU�QXWV�RQ�WKH�K\GUDXOLF�F\OLQGHU�WLH�URGV���'RXEOH�FKHFN�WKH�R�ULQJV�RQ�HDFK�HQG

RI�WKH�K\GUDXOLF�F\OLQGHU�WXEH�WR�DVVXUH�WKH\�DUH�LQ�SODFH���7LJKWHQ�WKH�QXWV�HYHQO\�WR�EULQJ

WKH�K\GUDXOLF�F\OLQGHU�WXEH�DQG�IODQJHV�WRJHWKHU���7RUTXH�WR�VSHFLILFDWLRQV�OLVWHG�LQ�7DEOH�����

7LS��7R�HQVXUH�SURSHU�DOLJQPHQW�RI�WKH�K\GUDXOLF�F\OLQGHU��XVH�D�OHYHO�WR�YHULI\�WKH�DOLJQPHQW

ZLWK�WKH�IORZ�WXEH�

��� &RQQHFW�WKH�QLWURJHQ�VXSSO\�KRVH�IURP�WKH�VSULQJ�SOHQXP�DQG�WKH�K\GUDXOLF�KRVHV�WR�WKH

K\GUDXOLF�F\OLQGHU�

��� ,QVWDOO�WKH�RSHUDWLQJ�KDQGOH�RQ�WKH�QLWURJHQ�VKXW�RII�YDOYH���2SHQ�WKH�VKXW�RII�YDOYH�DQG

FKHFN�IRU�DQG�HOLPLQDWH�DQ\�OHDNV�

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ����

��� 2QFH�WKH�SURYHU�LV�IXOO\�DVVHPEOHG��FKHFN�WKH�K\GUDXOLF�UHVHUYRLU�IRU�SURSHU�OHYHO���7XUQ�RQ

WKH�SRZHU�DQG�VWDUW� WKH�K\GUDXOLF�V\VWHP�PRWRU�� �&KHFN�IRU�DQG�HOLPLQDWH�DQ\�K\GUDXOLF

V\VWHP�OHDNV���2QFH�DOO�DLU�LV�HOLPLQDWHG�IURP�WKH�K\GUDXOLF�V\VWHP��WXUQ�RII�WKH�PRWRU�DQG

UH�FKHFN�WKH�UHVHUYRLU�IRU�SURSHU�OHYHO�

7DEOH�������+\GUDXOLF�&\OLQGHU�7LH�5RG�1XW�7RUTXH

3URYHU�6L]H 7RUTXH�9DOXH

�� ���IW�OEV ����1P�

����0LQL ���IW�OEV ����1P�

��� ���IW�OEV ����1P�

��� ����IW�OEV �����1P�

��� ����IW�OEV �����1P�

��� ����IW�OEV �����1P�

��� ������IW�OEV ������1P�

��� ,QVWUXPHQW�3DFNDJH�&RQYHUVLRQ�.LW

&RPSDFW�3URYHUV�SXUFKDVHG�SULRU�WR�-XQH������DUH�GHVLJQHG�ZLWK�D�µVKRWJXQ¶�VW\OH�RSWLFDO�DVVHPEO\�

7KHVH�ROGHU� SURYHUV�PD\�EH� UHWURILWWHG� WR� DFFRPPRGDWH� WKH�QHZ� µSOXJ� VW\OH¶� RSWLFDO� DVVHPEO\�

,QVWDOODWLRQ�LQVWUXFWLRQV�DUH�SURYLGHG�ZLWK�WKH�NLW���6ZLWFK�UHSODFHPHQW�RQ�WKH�QHZ�GHVLJQ�KDV�EHHQ

VLPSOLILHG�IURP�WKH�ROG�GHVLJQ���9ROXPH�UH�FHUWLILFDWLRQ�LV�QR�ORQJHU�QHFHVVDU\�ZKHQ�UHSODFLQJ�D

YROXPH�VZLWFK�RQ�WKH�µSOXJ�VW\OH¶�RU�WKH�µSLQ�DQG�VRFNHW¶�RSWLFDO�DVVHPEOLHV�

6HH�6HFWLRQ�����IRU�IXUWKHU�LQIRUPDWLRQ�UHJDUGLQJ�VZLWFK�UHSODFHPHQW�RQ�WKH�µSOXJ�VW\OH¶�RSWLFDO

DVVHPEO\��

6HH�7DEOH�����IRU�SDUW�QXPEHUV�RI�UHWURILW�NLWV�IRU�WKHVH�ROGHU�SURYHUV�

&RPSDFW� 3URYHUV� EXLOW� IURP� -XQH� ����� WR� 'HFHPEHU� ����� KDYH� WKH� µSLQ�DQG�VRFNHW¶� RSWLFDO

DVVHPEOLHV���,I�DQ�XSJUDGH�WR�WKH�QHZ�µSOXJ�VW\OH¶�RSWLFDO�DVVHPEO\�LV�GHVLUHG��D�QHZ�RSWLFDO�DVVHPEO\

ZLOO�EH�UHTXLUHG���6HH�7DEOH�����IRU�WKHVH�SDUW�QXPEHUV�

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

7KH�6ZLWFK�3DG�ORFDWLRQ�KDV�EHHQ�IDFWRU\�VHW�DQG�XQGHU�QRUPDO�FRQGLWLRQV�ZLOO�QRW�UHTXLUH

DGMXVWPHQW�

��� 'HWHFWRU�6ZLWFK�5HSODFHPHQW

5HIHUHQFH�)LJXUHV������������DQG������

)LJXUH��������'HWHFWRU�6ZLWFK�5HPRYDO���

��� 'LVFRQQHFW�HOHFWULFDO�SRZHU�WR�WKH�XQLW�

�� 5HPRYH�WKH�VXSSRUW�EUDFNHW�DW�WKH�RXWERDUG�HQG�RI�WKH�GHWHFWRU�VKDIW�GXVW�FRYHU���

�� 5HPRYH�WKH�GXVW�FRYHU�

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ����

�� &DUHIXOO\�FXW�WKH�ZLUH�WLHV�KROGLQJ�WKH�SOXJ�IRU�WKH�LQRSHUDWLYH�VZLWFK�DQG�UHPRYH�DQ\�µKRRS

VW\OH¶�DQFKRUV�QHFHVVDU\���'LVFRQQHFW�WKH�SOXJ�IURP�WKH�PDLQ�KDUQHVV�E\�UHOHDVLQJ�WKH�ODWFK

DQG�VHSDUDWLQJ�WKH�SOXJ���)LJXUH������

�� 5HPRYH� WKH�PRXQWLQJ�DGMXVWPHQW� VFUHZV� KROGLQJ� WKH� RSWLFDO� VZLWFK� WR� WKH� VZLWFK� SDG�

�)LJXUH�������

)LJXUH��������'HWHFWRU�6ZLWFK�5HPRYDO���

�� &DUHIXOO\�UHPRYH�WKH�VZLWFK�DVVHPEO\�ZKLOH�IHHGLQJ�WKH�VZLWFK�SOXJ�WKURXJK�WKH�IUDPH���%H

FDUHIXO�QRW�WR�FDWFK�WKH�SOXJ�RQ�DQ\�RWKHU�ZLUHV���)LJXUH������

�� ,QVWDOO�WKH�QHZ�VZLWFK���)RU�D�YROXPH�VZLWFK��HQVXUH�WKDW�WKH�DVVHPEO\�EDVH�LV�SRVLWLRQHG�IODW

DJDLQVW�WKH�VZLWFK�SDG�DQG�VTXDUH�DJDLQVW�WKH�ULJKW�HQG�RI�WKH�SDG�ZKHUH�WKH�HORQJDWHG�KROHV

DUH�ORFDWHG��

�� $GMXVW�WKH�VZLWFK�SRVLWLRQ�VR�WKDW�WKH�GHWHFWRU�SDVVHV�WKURXJK�WKH�FHQWHU�RI�WKH�VZLWFK��,I

QHFHVVDU\��ORRVHQ�WKH�EHDULQJ�KRXVLQJ�DQG�VOLGH�LW�DORQJ�WKH�VKDIW�ZKLOH�DGMXVWLQJ�WKH�VZLWFK

SRVLWLRQ�

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

,W�PD\�EH�QHFHVVDU\�WR�SU\�WKH�EHDULQJ�KRXVLQJ�IUHH�IURP�WKH�RSWLFDO�VKDIW�E\�XVLQJ�D�VPDOO

VFUHZGULYHU�LQ�WKH�UHDU�VORW���5HWXUQ�WKH�EHDULQJ�KRXVLQJ�WR�LWV�RULJLQDO�SRVLWLRQ�DQG�WLJKWHQ

DOO�VFUHZV����)LJXUH�������

)LJXUH��������'HWHFWRU�6ZLWFK�$GMXVWPHQW

�� 3OXJ�WKH�QHZ�VZLWFK�LQWR�WKH�PDLQ�KDUQHVV��IHHGLQJ�WKH�SOXJ�EDFN�WKURXJK�WKH�IUDPH�WR�WKH

RULJLQDO�ORFDWLRQ���$QFKRU�WKH�SOXJ�WR�WKH�IUDPH�XVLQJ�D�QHZ�ZLUH�WLH�DQG�UHSODFH�DQ\�³KRRS�

VW\OH´�ZLUH�DQFKRUV�

��� 9HULI\� ZLUHV� ZLOO� QRW� LQWHUIHUH� ZLWK� WKH� GHWHFWRU� PRYHPHQW�� � $GMXVW� DQG�RU� DQFKRU� DV

QHFHVVDU\�

��� 5HSODFH�WKH�GXVW�FRYHU�DQG�VXSSRUW�EUDFNHW�

&203$&7�3529(5 6(3 ����

0$,17(1$1&( ����

,I�WKH�VZLWFK�UHSODFHPHQW�SURFHGXUH�KDV�EHHQ�SHUIRUPHG�FRUUHFWO\��WKH�UHSODFHPHQW�VZLWFK�ZLOO�EH

ZLWKLQ�������LQFKHV�IURP�WKH�RULJLQDO�VZLWFK�SRVLWLRQ���7KH�IRUPXOD�IRU�F\OLQGHU�YROXPH�FDQ�EH�XVHG

WR�GHWHUPLQH�WKH�GHJUHH�RI�FKDQJH�LQ�WKH�ZDWHU�GUDZ�YROXPH�

([DPSOH�IRU�D���´�SURYHU�

:DWHU�GUDZ�YROXPH�FKDQJH�IRU�������LQFK�RI�VZLWFK�PRYHPHQW�

���G������������� ���������������������� ��������LQ�

6LQFH����JDOORQV� ������LQ��

7KH�SHUFHQW�FKDQJH� ������������������ ��������

7KLV�SHUFHQW�FKDQJH�LQ�WKH�ZDWHU�GUDZ�YROXPH�LV�ZHOO�ZLWKLQ�WKH�������DOORZHG���

6LPLODU�FKDQJHV�FDQ�EH�H[SHFWHG�LQ�WKH�RWKHU�VL]H�SURYHUV���6HH�7DEOH�����EHORZ�

7DEOH�������9ROXPHWULF�3HUFHQW�&KDQJH�IRU�&RPSDFW�3URYHUV

3URYHU

6L]H

1RPLQDO

3URYHU %DVH

9ROXPH

)ORZ 7XEH

,�'�

%DVH 9ROXPH

)URP 1RPLQDO

3HUFHQW &KDQJH

�� � JDO

��� /�

������

������� FP�

����� LQ�

������ FP��

�������

��������

��� 0LQL �� JDO

��� /�

�������

������� FP�

����� LQ�

������ FP��

�������

��������

��� �� JDO

��� /�

�������

������� FP�

����� LQ�

������ FP��

�������

��������

��� �� JDO

���� /�

�������

������� FP�

����� LQ�

������� FP��

�������

��������

��� �� JDO

���� /�

�������

������� FP�

������ LQ�

������� FP��

�������

��������

��� ��� JDO

���� /�

������

������� FP�

������ LQ�

������� FP��

�������

��������

��� ��� JDO

���� /�

������

������� FP�

������ LQ�

������� FP��

�������

��������

6(3 ���� &203$&7�3529(5

0$,17(1$1&(����

7KLV�SDJH�LQWHQWLRQDOO\�OHIW�EODQN�

&203$&7�3529(5 6(3 ����

7528%/(6+227,1* ���

���� 7528%/(6+227,1*

��� *HQHUDO

6KRXOG�WKH�HOHFWULFDO�V\VWHP�RI�WKH�&RPSDFW�3URYHU�UHTXLUH�UHSDLU��WKH�IROORZLQJ�WZR�VHFWLRQV�FRQWDLQ

VROXWLRQV� DQG� LQIRUPDWLRQ� WR�KHOS� VROYH�SUREOHPV� WKDW�PD\�EH� HQFRXQWHUHG�� � ,I� WKHVH� VWHSV� DQG

LQIRUPDWLRQ�GR�QRW�KHOS�VROYH�WKH�RSHUDWLRQDO�SUREOHP��FRQWDFW�D�'DQLHO�UHSUHVHQWDWLYH�IRU�DVVLVWDQFH�

)LJXUHV�����DQG�����DUH�SURYLGHG�DV�W\SLFDO�ZLULQJ�GLDJUDPV�IRU�UHIHUHQFH���6SHFLDO�EXLOG�HOHFWULFDO

V\VWHPV�ZLOO�KDYH�DQ�HOHFWULFDO�GLDJUDP�VXSSOLHG�ZLWK�WKH�GRFXPHQWDWLRQ�SDFNDJH�

6(5,286�3(5621$/�,1-85<�25�'($7+

$OZD\V�XVH�FDXWLRQ�ZKHQ�ZRUNLQJ�ZLWK�KLJK�YROWDJH�HOHFWULFDO�FLUFXLWV�

)DLOXUH�WR�XVH�FDXWLRQ�FDQ�UHVXOW�LQ�VHULRXV�LQMXU\�RU�GHDWK�

��� �,QWHUIDFH�6LJQDOV

5HIHUHQFH�)LJXUHV�����DQG�����

7KH�&RPSDFW�3URYHU�LQWHUIDFH�ERDUG�FRQWURO�FLUFXLWV�FRPPXQLFDWH�ZLWK�WKH�RSHUDWLQJ�FRPSXWHU�XVLQJ

GLJLWDO�VLJQDOV���7KHVH�VLJQDOV�DUH�WKH�581�FRPPDQG�LQSXW��WKH�83675($0�RXWSXW��DQG�WKH�YROXPH

'(7(&725�RXWSXW���

581�FRPPDQG���7KH�UXQ�FRPPDQG�VLJQDO�LV�KHOG�KLJK��DSSUR[����9'&��E\�WKH�LQWHUIDFH�ERDUG�DQG

PXVW�EH�SXOOHG�ORZ��OHVV�WKDQ��9'&��E\�WKH�RSHUDWLQJ�FRPSXWHU�WR�ODXQFK�WKH�PHDVXUHPHQW�SLVWRQ�

7KLV�VLJQDO�LV�SUHVHQW�EHWZHHQ�SLQV������DQG������RI�-���

83675($0�RXWSXW���7KH�XSVWUHDP�VLJQDO�LV�GHVLJQHG�DV�DQ�RSHQ�FROOHFWRU����9'&�����P$�PD[�

RXWSXW���7KLV�VLJQDO�PXVW�EH�SXOOHG�KLJK�E\�WKH�RSHUDWLQJ�FRPSXWHU���,W�LV�SXOOHG�ORZ�E\�WKH�LQWHUIDFH

ERDUG�ZKHQHYHU�WKH�IODJ�LV�ZLWKLQ�WKH�XSVWUHDP�VZLWFK��7KLV�VLJQDO�LV�SUHVHQW�EHWZHHQ�SLQV������DQG

�����RI�-���

'(7(&725�RXWSXW���7KH�GHWHFWRU�VLJQDO�LV�GHVLJQHG�DV�DQ�RSHQ�FROOHFWRU����9'&�����P$�PD[�

RXWSXW���7KLV�VLJQDO�PXVW�EH�SXOOHG�KLJK�E\�WKH�RSHUDWLQJ�FRPSXWHU��DQG�LV�SXOOHG�ORZ�E\�

6(3 ���� &203$&7�3529(5

�7528%/(6+227,1*���

WKH�LQWHUIDFH�ERDUG�ZKHQHYHU�WKH�IODJ�LV�ZLWKLQ�HLWKHU�RI�WKH�RSWLF�YROXPH�VZLWFKHV��7KLV�VLJQDO�LV

SUHVHQW�EHWZHHQ�SLQV������DQG������RI�-���

)LJXUH�����LV�D�WLPLQJ�GLDJUDP�WKDW�VKRZV�WKH�LQWHUIDFH�VLJQDO�RSHUDWLRQ�WKDW�WKH�RSHUDWLQJ�FRPSXWHU

ZLOO� VHH� FRPLQJ� IURP� WKH�&RPSDFW� 3URYHU� GXULQJ� D� SURYLQJ� F\FOH�� � 7KH� GLDJUDP�SRVLWLRQV� DUH

H[SODLQHG�EHORZ�

W��� &RPSXWHU�VHQGV�581�VLJQDO�ORZ��K\GUDXOLFV�JR�LQWR�E\SDVV��SRSSHW�FORVHV�DQG�PHDVXUHPHQW

SLVWRQ�DQG�IODJ�VWDUW�GRZQVWUHDP�

W��� �)ODJ�FOHDUV�XSVWUHDP��VWDQG�E\��VZLWFK��XSVWUHDP�VLJQDO�JRHV�KLJK�

W���� )ODJ�HQWHUV�WKH�ILUVW�YROXPH�VZLWFK�VHQGLQJ�GHWHFWRU�VLJQDO�ORZ���

$V�IODJ�H[LWV�VZLWFK��VLJQDO�JRHV�KLJK�

W��� )ODJ�HQWHUV�WKH�VHFRQG�YROXPH�VZLWFK�VHQGLQJ�GHWHFWRU�VLJQDO�ORZ�

$V�IODJ�H[LWV�VZLWFK��VLJQDO�JRHV�KLJK�

W��� &RPSXWHU�VHQGV�581�VLJQDO�KLJK��K\GUDXOLFV�DUH�DFWLYDWHG��SRSSHW�RSHQV�DQG�PHDVXUHPHQW

SLVWRQ�VWDUWV�XSVWUHDP�

W��� )ODJ�HQWHUV�WKH�VHFRQG�YROXPH�VZLWFK�VHQGLQJ�GHWHFWRU�VLJQDO�ORZ���$V�IODJ�H[LWV�VZLWFK�

VLJQDO�JRHV�KLJK��&RPSXWHU�LJQRUHV�SXOVHV�GXULQJ�UHWXUQ�VWURNH�

W��� )ODJ�HQWHUV�WKH�ILUVW�YROXPH�VZLWFK�VHQGLQJ�GHWHFWRU�VLJQDO�ORZ���$V�IODJ�H[LWV�VZLWFK��VLJQDO

JRHV�KLJK��&RPSXWHU�LJQRUHV�SXOVHV�GXULQJ�UHWXUQ�VWURNH�

W��� �)ODJ�HQWHUV�XSVWUHDP��VWDQG�E\��VZLWFK��XSVWUHDP�VLJQDO�JRHV�ORZ�

&RPSDFW�3URYHU�UHPDLQV�LQ�WKLV�FRQGLWLRQ�XQWLO�581�FRPPDQG�LV�UHFHLYHG�IURP�FRPSXWHU�

)LJXUH������3URYHU�6LJQDO�7LPLQJ

&203$&7�3529(5 6(3 ����

7528%/(6+227,1* ���

��� 0HDVXUHPHQW�3LVWRQ�0RYHPHQW

3LVWRQ�GRHV�QRW�PRYH�XSVWUHDP���1R�K\GUDXOLF�SUHVVXUH�

�� &KHFN�WR�EH�VXUH�WKH�K\GUDXOLF�V\VWHP�PRWRU�LV�UXQQLQJ���,I�VR��FKHFN�WKH�K\GUDXOLF�FRQWURO

YDOYH�RSHUDWLRQ�E\�GLVFRQQHFWLQJ�WKH�$&�YROWDJH�DW�WKH�MXQFWLRQ�ER[�DGMDFHQW�WR�WKH�YDOYH�

,I�WKH�3LVWRQ�IDLOV�WR�UHWXUQ��WKH�K\GUDXOLF�FRQWURO�YDOYH�LV�VWXFN�RSHQ�DQG�LV�LQ�QHHG�RI�UHSDLU

RU�WKH�K\GUDXOLF�SXPS�LV�GHIHFWLYH�

�� ,I� WKH�SLVWRQ� UHWXUQHG� LQ�VWHS���� UHFRQQHFW� WKH�$&�YROWDJH� WR� WKH�FRQWURO�YDOYH�DQG� WKHQ

XQSOXJ�WKH�'&�SRZHU�WR�WKH�FRQWURO�UHOD\�DW�FRQQHFWLRQ�-���RQ�WKH�SURYHU�LQWHUIDFH�ERDUG�

,I�WKH�SLVWRQ�GRHV�QRW�UHWXUQ��WKH�FRQWURO�YDOYH�UHOD\�LV�GHIHFWLYH�

��

�� ,I�WKH�SLVWRQ�UHWXUQHG�LQ�VWHS����FKHFN�WKH�YROWDJH�EHWZHHQ�SLQV�������DQG�������RI�FRQQHFWLRQ

-���RQ�WKH�LQWHUIDFH�ERDUG���,I�WKLV�YROWDJH�LV�ORZ��OHVV�WKDQ��9���WKH�RSHUDWLQJ�FRPSXWHU�LV

UHVSRQVLEOH��,I�WKLV�YROWDJH�LV�KLJK��PRUH�WKDQ��9���WKH�LQWHUIDFH�ERDUG�LV�GHIHFWLYH�

��

�� ,I�WKH�RSHUDWLQJ�FRPSXWHU�LV�IRXQG�UHVSRQVLEOH��FKHFN�WKH�UHG�/('�RQ�WKH�SURYHU�LQWHUIDFH

ERDUG���,I�WKLV�/('�LV�LOOXPLQDWHG��DQG�WKH�IODJ�LV�QRW�LQ�D�YROXPH�VZLWFK��WKLV�LQGLFDWHV�D

SUREOHP�LQ�WKH�YROXPH�VZLWFK�FLUFXLW���0DNH�D�MXPSHU�FRQQHFWLRQ�EHWZHHQ�SLQV���DQG���RI

FRQQHFWLRQ�-���RQ�WKH�SURYHU�LQWHUIDFH�ERDUG���,I�FRQQHFWLQJ�WKLV�MXPSHU�WXUQV�WKH�/('�RII�

FKHFN�WKH�RSWLFDO�EDUULHUV�IRU�DSSUR[LPDWHO\�����RKPV�UHVLVWDQFH��IRU�IXVH�EDUULHUV������RKPV

IRU�QRQ�IXVHG��DFURVV�FRQQHFWLRQ�WHUPLQDOV���DQG�����,I�QR�UHVLVWDQFH�LV�GHWHFWHG��UHSODFH�WKH

IXVH�RI�WKH�EDUULHU�LQ�TXHVWLRQ��RU�UHSODFH�WKH�QRQ�IXVHG�EDUULHU��DQG�FKHFN�WKH�JURXQGLQJ

V\VWHP�LQWHJULW\���

,I�WKH�EDUULHU�UHVLVWDQFH�LV�IRXQG�DFFHSWDEOH��WKH�FDXVH�ZLOO�EH�LQ�WKH�RSWLFDO�DVVHPEO\�ZLULQJ

RU�YROXPH�VZLWFKHV�

3LVWRQ�GRHV�QRW�PRYH�GRZQVWUHDP����+\GUDXOLF�SUHVVXUH�ZLOO�QRW�UHOHDVH�

�� $SSO\�WKH�FRUUHFW�$&�YROWDJH�IRU�WKH�VROHQRLG�DW�WKH�FRQQHFWLRQ�WR�WKH�K\GUDXOLF�FRQWURO

YDOYH�� � ,I� WKH�FRQWURO�YDOYH� IDLOV� WR�RSHQ� �SLVWRQ�GRHV�QRW� ODXQFK��� WKH� VROHQRLG�PD\�EH

GHIHFWLYH�RU�WKH�YDOYH�LWVHOI�LV�VWXFN�FORVHG�

�� ,I�WKH�FRQWURO�YDOYH�RSHQHG�LQ�VWHS����GLVFRQQHFW�-���RQ�WKH�SURYHU�LQWHUIDFH�FDUG�DQG�DSSO\

D�YROWDJH�RI���9'&�WR�WKH�FRQWURO�VLGH�RI�WKH�UHOD\���,I�WKH�FRQWURO�YDOYH�GRHV�QRW�RSHQ��WKH

FRQWURO�YDOYH�UHOD\�LV�GHIHFWLYH�

6(3 ���� &203$&7�3529(5

�7528%/(6+227,1*���

�� ,I�WKH�FRQWURO�YDOYH�RSHQHG�LQ�VWHS����UHFRQQHFW�-���DQG�MXPS�D�FRQQHFWLRQ�EHWZHHQ�SLQV��

DQG���RI�-���RQ�WKH�SURYHU�LQWHUIDFH�ERDUG��FRQWURO�YROWDJH�PXVW�EH�SUHVHQW�DW�SLQ�������DQG

������RI�-����

,I�WKH�FRQWURO�YDOYH�GRHV�QRW�RSHQ��SLVWRQ�GRHV�QRW�ODXQFK���WKH�SURYHU�LQWHUIDFH�ERDUG�LV

GHIHFWLYH�

��

�� ,I�WKH�FRQWURO�YDOYH�RSHQHG�LQ�VWHS����WKH�RSHUDWLQJ�FRPSXWHU�LV�QRW�VHQGLQJ�WKH�UXQ�FRPPDQG

�GURSSLQJ� WR��9�� WR�SLQ���RI�-���� �2QH�SRVVLEOH�FDXVH� IRU� WKLV�SUREOHP�PD\�EH� WKDW� WKH

RSHUDWLQJ�FRPSXWHU�LV�QRW�UHFHLYLQJ�WKH�XSVWUHDP�VLJQDO�IURP�WKH�RSWLFDO�DVVHPEO\���7KH

YROWDJH�EHWZHHQ�SLQV�������DQG�������RI�-���RQ�WKH�SURYHU�LQWHUIDFH�ERDUG�VKRXOG�EH�ORZ��OHVV

WKDQ��9��DQG�WKH�JUHHQ�/('�LOOXPLQDWHG��LI�HTXLSSHG��ZLWK�WKH�SLVWRQ�LQ�WKH�IXOO�XSVWUHDP

SRVLWLRQ���%H�VXUH�WR�FKHFN�WKH�VDIHW\�EDUULHUV�IRU�SURSHU�UHVLVWDQFH���,I�WKH�EDUULHU�UHVLVWDQFH

LV�DFFHSWDEOH��WKH�FDXVH�PD\�EH�LQ�WKH�RSWLFDO�DVVHPEO\�ZLULQJ�RU�XSVWUHDP�VZLWFK�

&203$&7�3529(5 6(3 ����

7528%/(6+227,1* ���

)LJXUH�������3URYHU�:LULQJ�'LDJUDP��6LQJOH�3KDVH�3RZHU�

6(3 ���� &203$&7�3529(5

�7528%/(6+227,1*���

)LJXUH�������3URYHU�:LULQJ�'LDJUDP��7KUHH�3KDVH�3RZHU�

&203$&7�3529(5 6(3 ����

63(&,$/�722/6�$1'�(48,30(17 ���

��� 63(&,$/�722/6�$1'�(48,30(17

��� 7RRO�/LVW

7KH�IROORZLQJ�OLVW�RI�SDUWV�ZLOO�DLG�WKH�TXDOLILHG�WHFKQLFLDQ�LQ�UHSDLU�RI�WKH��&RPSDFW�3URYHU�

�� +HDY\�'XW\�QRQ�PDUNLQJ�6WUDS�:UHQFK��0F0DVWHU�&DUU�SDUW�QXPEHU������$��

0F0DVWHU�&DUU

3�2���%R[����

1HZ�%UXQVZLFN��1-�����������

3K���������������

)D[��������������

1HW��ZZZ�PFPDVWHU�FRP

�� 7RUTXH�:UHQFKHV

7RUTXH�ZUHQFKHV�DUH�QHFHVVDU\�IRU�DVVHPEO\�DQG�UHSDLU�RI�WKH�&RPSDFW�3URYHU���6HH�7DEOHV

����DQG�����IRU�VSHFLILHG�WRUTXH�UDWLQJV�RI�WKH�&RPSDFW�3URYHU�7LH�5RGV�DQG�+\GUDXOLF

&\OLQGHUV���0LQLPXP�WRUTXH�QHFHVVDU\�IRU�LQVWDOODWLRQ�RI�WKH�SRSSHW�LV����IW�OEV�����1P��

�� 6WDQGDUG�$OOHQ�:UHQFKHV��%R[�HQG�:UHQFKHV�DQG�RWKHU�FRPPRQ�WRROV�PD\�DOVR�EH�XVHG�IRU

UHSDLU�RI�WKH�&RPSDFW�3URYHU�

6(3 ���� &203$&7�3529(5

�63(&,$/�722/6�$1'�(48,30(17���

7KLV�SDJH�LQWHQWLRQDOO\�OHIW�EODQN�

&203$&7�3529(5 6(3 ����

3$576�/,67 ���

��� 3$576�/,67

��� *HQHUDO

7KLV�VHFWLRQ�FRQWDLQV�WKRVH�SDUWV�UHTXLUHG� WR�SURSHUO\�PDLQWDLQ�DQG�VHUYLFH�D�VWDQGDUG�&RPSDFW

3URYHU���5HIHUHQFH�WKRVH�GUDZLQJV�DSSOLFDEOH�WR�WKH�VSHFLILF�SURYHU�VL]H�DQG�FRQILJXUDWLRQ���6HH

)LJXUHV����������DQG�������

��� 5HSODFHPHQW�3DUWV�/LVW

7DEOH�����LV�D�OLVW�RI�WKH�SDUWV�WKDW�PD\�UHTXLUH�UHSODFHPHQW�LQ�WKH�&RPSDFW�3URYHU��3DUWV�OLVWHG�DV

µ1�6¶��DUH�QRW�VKRZQ�LQ�WKH�ILJXUHV���$�SDUW�QXPEHU�GHVLJQDWHG�DV�µ1�$¶�LV�QRW�DSSOLFDEOH���$�SDUW

QXPEHU�GHVLJQDWHG�DV�µ&�)¶�ZLOO�UHTXLUH�IDFWRU\�FRQVXOWDWLRQ�

,I�D�SDUW�LV�QHFHVVDU\�IRU�UHSDLU�RI�WKH�&RPSDFW�3URYHU�DQG�LV�QRW�OLVWHG�LQ�7DEOH������FRQWDFW�D�'DQLHO

UHSUHVHQWDWLYH�RU�WKH�IDFWRU\�IRU�DVVLVWDQFH���7KH�IROORZLQJ�LQIRUPDWLRQ�ZLOO�EH�QHHGHG�WR�SURSHUO\

LGHQWLI\�WKH�SDUW�V��QHHGHG�IRU�UHSDLU�

� &RPSDFW�3URYHU�6HULDO�1XPEHU

� &RPSDFW�3URYHU�0RGHO�1XPEHU

� &RPSDFW�3URYHU�VL]H��L�H���´����´0LQL����´����´����´����´�RU���´�

� 3DUW�'HVFULSWLRQ�DQG�1XPEHU��LI�DYDLODEOH�

� 4XDQWLW\�UHTXLUHG

7KH�IROORZLQJ�FRPSDQLHV�DUH�TXDOLW\�PDQXIDFWXUHUV�RI�WKH�FRPSRQHQWV�SDUWV�XVHG�LQ�FRQVWUXFWLRQ

RI�WKH��&RPSDFW�3URYHU�

&RPSDFW�3URYHU 'DQLHO�0HDVXUHPHQW�DQG�&RQWURO��$�GLYLVLRQ�RI�(PHUVRQ�(OHFWULF

.DOUH] (�,��'X3RQW�GH1HPRXUV�DQG�&R�

5RVHPRXQW 5RVHPRXQW��,QF�

7HIORQ (�,��'X3RQW�GH1HPRXUV�DQG�&R�

9LWRQ (�,��'X3RQW�GH1HPRXUV�DQG�&R�

6(3 ���� &203$&7�3529(5

�3$576�/,67���

7DEOH�������3DUWV�/LVW

,WHP 'HVFULSWLRQ 4W\ �� ��� 0LQL ��� ��� ��� ��� ���

� &RPSOHWH 6HDO .LW �

%XQD�1 6.�� 6.�� 6.�� 6.�� 6.�� 6.�� &�)

9LWRQ�$ 6.������ 6.������ 6.������ 6.������ 6.������ 6.������ 6.������

.DOUH] 6.������ 6.������ 6.������ 6.������ 6.������ 6.������ &�)

1HRSUHQH 6.������ 6.������ 6.������ 6.������ 6.������ 6.������ &�)

1LWULOH�.DOUH] 6.�����; 6.�����; 6.�����; 6.�����; 6.�����; &�) &�)

� %DO 6HDO � ������ ������ ������ ������ ������ ������� ������

� %DO 6HDO � ������ ������ ������ ������ ������ ������� ������

� %DO 6HDO � ������ ������ ������ ������ ������ ������� ������

� %DO 6HDO � ������ ������ ������ ������ ������ ������� ������

� %DO 6HDO � ������ ������ ������ ������ ������ ������� ������

� 3RSSHW 2�5LQJ � ���������� ���������� ���������� ���������� ���������� ����������� ����������

� )URQW 3LVWRQ 5LGHU � ������������� ������������� ������������� ������������� ������������� ������������� �������������

�� 5HDU 3LVWRQ 5LGHU � ������������� ������������� ������������� ������������� ������������� ������������� �������������

�� 3LVWRQ %DO 6HDO � ������ ������ ������ ������ ������ ������� ������

�� +\GUDXOLF 2�5LQJ � ���������� ���������� ���������� ���������� ���������� ������� ����������

�� 2SWLFDO 2�5LQJ � ���������� ���������� ���������� ���������� ���������� ������� ����������

�� )ORZWXEH 2�5LQJ � ���������� ���������� ���������� ���������� ���������� ����������� ����������

�� 6HDO %DFNXS :VKU � ������������� ������������� ������������� ������������� ������������� ������������� �������������

�� 2S� 5HWDLQLQJ 5LQJ � ������ ������ ������ ������ ������ ������� ������

�� 6PDOO 2S� 6HDO :VKU � ������������� ������������� ������������� ������������� ������������� ������������� �������������

�� 6HDO %DFNXS :VKU � ������������� ������������� ������������� ������������� ������������� ������������� �������������

�� 2S� 5HWDLQLQJ 5LQJ � ������ ������ ������ ������ ������ ������� ������

�� 6HDO %DFNXS :VKU � ������������� ������������� ������������� ������������� ������������� ������������� �������������

�� +\G� 5HWDLQLQJ 5LQJ � ������ ������ ������ ������ ������ ������� ������

�� +\GUDXOLF 6\VWHP 0RWRU �9�+]�SK�

�������� &6$ � ������� ������� ������� ������� ��� 1�$ 1�$ 1�$

�������� &6$ � ������� ������� ������� ������� ��� 1�$ 1�$ 1�$

������������ &6$ � &�) &�) ������� ������� ��� ������� ������� �������

�������� &6$ � ������� ������� ������� ������� ��� 1�$ 1�$ 1�$

������������ &6$ � &�) &�) &�) ������� ��� ������� &�) &�)

�������� &(1(/(& � ������� ������� ������� ������� ��� ������� ������� &�)

�������� &(1(/(& � ������� ������� ������� ������� ��� ������� ������� &�)

�� +\GUDXOLF 3XPS � ������ ������ ������ ������ ���

������ ���

������ ������ ������

�� +\G� &RQWURO 9DOYH 6ROHQRLG �9�+]�

������ &6$ � ������ ������ ������ ������� ������� ������� �������

������ &6$ � ������ ������ ������ ������� ������� ������� �������

������ &6$ � ������ ������ ������ ������� ������� ������� �������

������ &6$ � ������� ������� ������� ������� ������� ������� �������

������ &(1(/(& � ������� ������� ������� ������� ������� ������� �������

�� 2SWLFDO %DUULHUV ��� ������ ������ ������ ������ ������ ������ ������

5HSODFHPHQW )XVHV �SN ������ ������ ������ ������ ������ ������ ������

�� ,QWHUIDFH %RDUG �����9 � ������������� ������������� ������������� ������������� ������������� ������������� �������������

&203$&7�3529(5 6(3 ����

7DEOH�������3DUWV�/LVW

,WHP 'HVFULSWLRQ 4W\ �� ��� 0LQL ��� ��� ��� ��� ���

3$576�/,67 ���

�� &RQWURO 9DOYH 5HOD\

����9� &6$ � ������ ������ ������ ������ ������ ������ ������

!���9� &6$ � ������ ������ ������ ������ ������ ������ ������

&(1(/(& � ������ ������ ������ ������ ������ ������ ������

�� 0RWRU 6WDUW 6ZLWFK

6LQJOH 3KDVH � ������ ������ ������ ������ ��� 1�$ 1�$ 1�$

7KUHH 3KDVH � &�) &�) ������� ������� ��� ������� &�) &�)

&(1(/(& &�) &�) &�) &�) &�) &�) &�)

�� &RQWURO &DEOH

&6$ ��IW ������� ������� ������� ������� ������� ������� �������

&(1(/(& 2SWLRQ � ��IW ������� ������� ������� ������� ������� ������� �������

�� 3RZHU &DEOH

6LQJOH 3KDVH &6$ ��IW +:����'���� +:����'���� +:����'���� +:����'���� 1�$ 1�$ 1�$

7KUHH 3KDVH &6$ ��IW &�) &�) +:����'���� +:����'���� +:����'���� ������� �������

7KUHH 3KDVH &(1 ��IW &�) &�) ������� ������� ������� &�) &�)

��

+\GUDXOLF &\OLQGHU 6HDO

.LW � ������ ������ ������ ������ ������ ������� ������

�� 6HDO 6XSSRUW %XVKLQJ � ������ ������������� �������������� ������������� ������������� ������������� &�)

�� 5HWDLQLQJ 5LQJ � ������ ������ ������ ������ ������ ������� &�)

�� 6HDO %DFN�XS :DVKHU � 1�$ 1�$ 1�$ 1�$ ������������� ������������� �������������

1�6 2SWLFDO 5HWURILW .LW

*DOORQV � �������������0 �������������0 �������������0 �������������0 �������������0 1�$ 1�$

/LWHUV � �������������0 �������������0 �������������0 �������������0 �������������0 1�$ 1�$

1�6 2SWLFDO $VVHPEO\

*DOORQV � ������������� ������������� ������������� ������������� ������������� ������������� �������������

/LWHUV � ������������� ������������� ������������� ������������� ������������� ������������� �������������

1�6 :DWHUGUDZ .LW

���9� �)� &6$ � ������������� ������������� ������������� ������������� ������������� ������������� &�)

���9� �&� &6$ � ������������� ������������� ������������� ������������� ������������� ������������� &�)

���9� �)�&6$ � ������������� ������������� ������������� ������������� ������������� ������������� &�)

���9� 2&�&6$ � ������������� ������������� ������������� ������������� ������������� ������������� &�)

���9� 2)� &(1(/(& � ������������� ������������� ������������� ������������� ������������� ������������� &�)

���9� 2&� &(1(/(& � ������������� ������������� ������������� ������������� ������������� ������������� &�)

1�6 /HDN 'HWHFWRU .LW � ������������� ������������� ������������� ������������� ������������� ������������� �������������

6(3 ���� &203$&7�3529(5

�3$576�/,67���

)LJXUH�������6SDUH�3DUWV�'LDJUDP��)ORZ�7XEH�

&203$&7�3529(5 6(3 ����

3$576�/,67 ���

)LJXUH�������6SDUH�3DUWV�'LDJUDP��)ORZ�7XEH���&RQWLQXHG�

6(3 ���� &203$&7�3529(5

�3$576�/,67���

)LJXUH�������6SDUH�3DUWV�'LDJUDP��0HFKDQLFDO�&RPSRQHQWV�

&203$&7�3529(5 6(3 ����

3$576�/,67 ���

)LJXUH�������6SDUH�3DUWV�'LDJUDP��(OHFWULFDO�&RPSRQHQWV�

6(3 ���� &203$&7�3529(5

�3$576�/,67���

7DEOH��������&RPSDFW�3URYHU�0RGHO�&RGH

&203$&7�3529(5 6(3 ����

3$576�/,67 ���

7DEOH��������&RPSDFW�3URYHU�0RGHO�&RGH��&RQWLQXHG�

6(3 ���� &203$&7�3529(5

�3$576�/,67����

7DEOH��������&RPSDFW�3URYHU�0RGHO�&RGH��&RQWLQXHG�

'$1,(/�0($685(0(17�$1'�&21752/��,1&�

,167580(17�'(&217$0,1$7,21�67$7(0(17

50$�1XPEHU� BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

,WHP�%HLQJ�5HWXUQHG� BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

/LVW�DOO�FKHPLFDOV��SURFHVV�IOXLGV��DQG�JDVHV�WKDW�KDYH�FRPH�LQ�FRQWDFW�ZLWK�WKH�HTXLSPHQW�

LQFOXGLQJ�FOHDQLQJ�DJHQWV��$WWDFK�DGGLWLRQDO�SDJHV�LI�QHFHVVDU\��$�0DWHULDO�6DIHW\�'DWD�6KHHW

�06'6��LV�UHTXLUHG�LI�QRQ�IRRG�JUDGH�SURGXFWV�KDYH�EHHQ�XVHG�ZLWK�WKH�LWHP�EHLQJ�UHWXUQHG�

,QIRUPDWLRQ�5HTXLUHG 3URGXFW�� 3URGXFW��

*DV�RU�FKHPLFDO�QDPH

+HDOWK�DQG�VDIHW\�KD]DUGV

3UHFDXWLRQV��ILUVW�DLG

,�KHUHE\�FHUWLI\�WKH�HTXLSPHQW�EHLQJ�UHWXUQHG�KDV�EHHQ�FOHDQHG�DQG�GHFRQWDPLQDWHG�LQ

DFFRUGDQFH�ZLWK�JRRG�LQGXVWULDO�SUDFWLFHV�DQG�LQ�FRPSOLDQFH�ZLWK�26+$�DQG�'27�UHJXODWLRQV�

7KLV�HTXLSPHQW�SRVHV�QR�KHDOWK�RU�VDIHW\�ULVN�GXH�WR�FRQWDPLQDWLRQ�

6LJQDWXUH �BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

1DPH��3OHDVH�SULQW�� BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

7LWOH �BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

&RPSDQ\�1DPH� BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

3KRQH�1XPEHU �BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

)D[�RU�7/;�1XPEHU �BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

5HDVRQ�IRU�5HWXUQ �BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

5HPLQGHU

$OO�LWHPV�EHLQJ�UHWXUQHG�PXVW�EH�SDFNDJHG�VHSDUDWHO\��7KLV�GHFRQWDPLQDWLRQ�VWDWHPHQW�DQG�WKH

06'6�VKHHW�PXVW�EH�SODFHG�RQ�WKH�RXWVLGH�RI�WKH�VKLSSLQJ�FRQWDLQHU�

:$55$17<�&/$,0�352&('85(6

7R�PDNH�D�ZDUUDQW\�FODLP��\RX��WKH�3XUFKDVHU��PXVW��

�� 3URYLGH�'DQLHO�ZLWK�SURRI�RI�WKH�'DWH�RI�3XUFKDVH�DQG�SURRI�RI�WKH�'DWH�RI�6KLSPHQW�RI�WKH

SURGXFW�LQ�TXHVWLRQ��

�� 5HWXUQ�WKH�SURGXFW�WR�'DQLHO�ZLWKLQ�WZHOYH������PRQWKV�RI�WKH�GDWH�RI�RULJLQDO�VKLSPHQW�RI

WKH�SURGXFW��RU�ZLWKLQ�HLJKWHHQ������PRQWKV�RI�WKH�GDWH�RI�RULJLQDO�VKLSPHQW�RI�WKH�SURGXFW

WR� GHVWLQDWLRQV� RXWVLGH� RI� WKH� 8QLWHG� 6WDWHV�� 7KH� 3XUFKDVHU� PXVW� SUHSD\� DQ\� VKLSSLQJ

FKDUJHV��,Q�DGGLWLRQ��WKH�3XUFKDVHU�LV�UHVSRQVLEOH�IRU�LQVXULQJ�DQ\�SURGXFW�VKLSSHG�IRU�UHWXUQ�

DQG�DVVXPHV�WKH�ULVN�RI�ORVV�RI�WKH�SURGXFW�GXULQJ�VKLSPHQW��

�� 7R�REWDLQ�:DUUDQW\�VHUYLFH�RU�WR�ORFDWH�WKH�QHDUHVW�'DQLHO�RIILFH��VDOHV��RU�VHUYLFH�FHQWHU�FDOO

����������������)D[�����������������RU�FRQWDFW����

'DQLHO�0HDVXUHPHQW�6HUYLFHV

�����3LQH�/DNH�'ULYH

+RXVWRQ��7H[DV������

�� :KHQ�FRQWDFWLQJ�'DQLHO�IRU�SURGXFW�VHUYLFH��WKH�SXUFKDVHU�LV�DVNHG�WR�SURYLGH��LQIRUPDWLRQ

DV�LQGLFDWHG�RQ�WKH�IROORZLQJ�SDJH�HQWLWOHG��&XVWRPHU�3UREOHP�5HSRUW��

�� )RU�SURGXFW�UHWXUQV�IURP�ORFDWLRQV�RXWVLGH�WKH�8QLWHG�6WDWHV��LW�ZLOO�EH�QHFHVVDU\�IRU�\RX�WR

REWDLQ� WKH� LPSRUW� FRQVLJQPHQW� DGGUHVV� VR� WKDW�'DQLHO¶V� FXVWRPV� EURNHU� FDQ� KDQGOH� WKH

LPSRUWDWLRQ�ZLWK�WKH�8�6��&XVWRPV�6HUYLFH�

�� 'DQLHO�0HDVXUHPHQW�6HUYLFHV�RIIHUV�ERWK�RQ�FDOO�DQG�FRQWUDFW�PDLQWHQDQFH�VHUYLFH�GHVLJQHG

WR�DIIRUG�VLQJOH�VRXUFH�UHVSRQVLELOLW\�IRU�DOO�LWV�SURGXFWV��

�� 'DQLHO�UHVHUYHV�WKH�ULJKW�WR�PDNH�FKDQJHV�DW�DQ\�WLPH�WR�DQ\�SURGXFW�WR�LPSURYH�LWV�GHVLJQ

DQG�WR�LQVXUH�WKH�EHVW�DYDLODEOH�SURGXFW�

'$1,(/�0($685(0(17�$1'�&21752/��,1&�

&86720(5�352%/(0�5(3257

)25 )$67(67 6(59,&(� &203/(7( 7+,6 )250� $1' 5(7851 ,7 $/21* :,7+ 7+( $))(&7('

(48,30(17 72 &86720(5 6(59,&( $7 7+( $''5(66 ,1',&$7(' %(/2:�

&203$1< 1$0(� BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

7(&+1,&$/ &217$&7�BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 3+21(� BBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

5(3$,5 3� 2� ��BBBBBBBBBBBBBBBBBBBBBBBBBBBBB ,) :$55$17<� 81,7 6�1� BBBBBBBBBBBBBBBBBBBBBBBBB

,192,&( $''5(66� BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

6+,33,1* $''5(66� BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

5(7851 6+,33,1* 0(7+2'� BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

(48,30(17 02'(/ ��BBBBBBBBBBBBBBBBBBBB 6�1�BBBBBBBBBBBBBBBBBB)$,/85( '$7(� BBBBBBBBBBBBB

'(6&5,37,21 2) 352%/(0� BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

:+$7 :$6 +$33(1,1* $7 7,0( 2) )$,/85(" BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

$'',7,21$/ &200(176� BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

5(3257 35(3$5(' %<�BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 7,7/(� BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

,) <28 5(48,5( 7(&+1,&$/ $66,67$1&(� 3/($6( )$; 25 :5,7( 7+( &86720(5 6(59,&(

'(3$570(17 $7�

'$1,(/ 0($685(0(17 6(59,&(6 3+21(� ����� ��������

$771� &86720(5 6(59,&( )$;� ����� ��������

���� 3,1( /$.( '5,9(

+286721� 7(;$6 �����

7KH�VDOHV�DQG�VHUYLFH�RIILFHV�RI�'DQLHO�0HDVXUHPHQW�DQG�&RQWURO�DUH�ORFDWHG

WKURXJKRXW�WKH�8QLWHG�6WDWHV�DQG�LQ�PDMRU�FRXQWULHV�RYHUVHDV�

3OHDVH�FRQWDFW�'DQLHO�0HDVXUHPHQW�6HUYLFHV�DW

�����3LQH�/DNH�'ULYH��+RXVWRQ��7H[DV��������RU�SKRQH���������������

IRU�WKH�ORFDWLRQ�RI�WKH�VDOHV�RU�VHUYLFH�RIILFH�QHDUHVW�\RX��

'DQLHO�0HDVXUHPHQW�6HUYLFHV�RIIHUV�ERWK�RQ�FDOO�DQG�FRQWUDFW

PDLQWHQDQFH�VHUYLFH�GHVLJQHG�WR�SURYLGH�VLQJOH�VRXUFH�

UHVSRQVLELOLW\�IRU�DOO�'DQLHO�SURGXFWV�

'DQLHO 0HDVXUHPHQW DQG &RQWURO� D 'LYLVLRQ RI (PHUVRQ 3URFHVV 0DQDJHPHQW

UHVHUYHV WKH ULJKW WR PDNH FKDQJHV WR DQ\ RI LWV SURGXFWV RU VHUYLFHV

DW DQ\ WLPH ZLWKRXW SULRU QRWLILFDWLRQ LQ RUGHU WR LPSURYH WKDW SURGXFW RU VHUYLFH DQG WR VXSSO\

WKH EHVW SURGXFW RU VHUYLFH SRVVLEOH�

ZZZ�GDQLHO�FRP