
Safety Instructions. 2–5
Operating Instructions
Clock.and.Timer. 15
Lower.Oven.Drawer. 29
Oven . 9–31
. Baking.and.Roasting. 16
. Broiling,.Broiling.Guide. 13,.14
. Control.Lockout. 24
. Convection. 18–21
. Gas/Control.Lockout. 24
. Oven.Control. 9,.10
. Power.Outage. 7,.11
. Preheating . 12
. Probe. 17
. Sabbath.Feature. 25,.26
. Self-Cleaning. 31
. Shelves. 11
. Special.Features. 23,.24
. Thermostat.Adjustment. .30
. Timed.Baking..
. and.Roasting. 16
. Timed.Convection.Baking. 22
Surface.Cooking . 6–8
. Griddle. 8
Warming.Drawer. 27,.28
Care and Cleaning
Aluminum.Foil. 13
Burner.Assembly. 33,.34
Burner.Grates. 35,.36
Control.Panel.and.Knobs. 37
Cooktop. 37
Door.Removal. 38
Drawer. 41,.42
Griddle. 35
Oven.Bottom. 38
Oven.Light.Replacement . 41
Oven.Vents . 37
Racks. 39
Self-Cleaning. 31,.32
Stainless.Steel.Surfaces . 40
Installation
Instructions
. 43–55
Air.Adjustment. 54
Anti-Tip.Device. 47,.55
Assemble.Surface.Burners. 52
Checking.Burner..
Ignition. 53
Connecting.the.Range..
to.Gas.. 48–50
Dimensions.and.Clearances.45,46
Electrical.Connections. 51,.52
Leveling.the.Range. 54
LP. 47
Troubleshooting
Tips
. 56–59
Accessories. 60
Consumer Support
Consumer.Support. Back.Cover
Warranty.for.Customers..
in.Canada . 63
Warranty.for.Customers..
in.the.USA. . 62
Ranges
49-85183-1 05-11 GE
PGB900
PGB910
PGB915
PGB930
PGB935
PGB980
CGS985
JGB295
JGB296
JGB600
JGB605
JGB810
JGB840
Owner’s Manual
& Installation
Instructions
GEAppliances.com
Self-Cleaning Gas
Write the model and serial
numbers here:
Model # ____________________
Serial # _____________________
You.can.find.them.on.a.label.on.
the.front.of.the.range.behind.the.
warming.drawer.or.lower.oven.
drawer
In Canada contact us at:
www.GEAppliances.ca
For a Spanish version
of this manual,
visit our Website at
GEAppliances.com.
Para consultar una
version en español
de este manual de
instrucciones, visite
nuestro sitio de internet
GEAppliances.com.

,03257$176$)(7<,1)250$7,21
5($'$//,16758&7,216%()25(86,1*
6$9(7+(6(,16758&7,216
,03257$176$)(7<127,&(
7KH&DOLIRUQLD6DIH'ULQNLQJ:DWHUDQG7R[LF(QIRUFHPHQW$FWUHTXLUHVWKH*RYHUQRURI&DOLIRUQLDWRSXEOLVKDOLVWRI
VXEVWDQFHVNQRZQWRWKHVWDWHWRFDXVHFDQFHUELUWKGHIHFWVRURWKHUUHSURGXFWLYHKDUPDQGUHTXLUHVEXVLQHVVHVWR
ZDUQFXVWRPHUVRISRWHQWLDOH[SRVXUHWRVXFKVXEVWDQFHV
7KHILEHUJODVVLQVXODWLRQLQVHOIFOHDQRYHQVJLYHVRIIDYHU\VPDOODPRXQWRIFDUERQPRQR[LGHGXULQJWKHFOHDQLQJF\FOH
([SRVXUHFDQEHPLQLPL]HGE\YHQWLQJZLWKDQRSHQZLQGRZRUXVLQJDYHQWLODWLRQIDQRUKRRG
:$51,1*
'RQRWVWRUHRUXVHJDVROLQHRURWKHUIODPPDEOHYDSRUVDQGOLTXLGVLQWKHYLFLQLW\RIWKLVRUDQ\RWKHUDSSOLDQFH
:+$772'2,)<2860(//*$6
■ 'RQRWWU\WROLJKWDQ\DSSOLDQFH
■ 'RQRWWRXFKDQ\HOHFWULFDOVZLWFKGRQRWXVHDQ\SKRQHLQ\RXUEXLOGLQJ
■ ,PPHGLDWHO\FDOO\RXUJDVVXSSOLHUIURPDQHLJKERU·VSKRQH)ROORZWKHJDVVXSSOLHU·VLQVWUXFWLRQV
■ ,I\RXFDQQRWUHDFK\RXUJDVVXSSOLHUFDOOWKHILUHGHSDUWPHQW
,QVWDOODWLRQDQGVHUYLFHPXVWEHSHUIRUPHGE\DTXDOLILHGLQVWDOOHUVHUYLFHDJHQF\RUWKHJDVVXSSOLHU
:$51,1*
,IWKHLQIRUPDWLRQLQWKLVPDQXDOLVQRWIROORZHGH[DFWO\DILUHRUH[SORVLRQPD\
UHVXOWFDXVLQJSURSHUW\GDPDJHSHUVRQDOLQMXU\RUGHDWK
■$OOUDQJHVFDQWLS
■
%8516RURWKHU6(5,286,1-85,(6FDQUHVXOW
■ ,167$//DQG&+(&.WKHDQWLWLSEUDFNHWIROORZLQJWKHLQVWUXFWLRQVVXSSOLHGZLWKWKHEUDFNHW
7RUHGXFHWKHULVNRIWLSSLQJWKHUDQJHWKHUDQJHPXVWEHVHFXUHGE\DSURSHUO\LQVWDOOHGDQWLWLS
EUDFNHW6HHLQVWDOODWLRQLQVWUXFWLRQVVKLSSHGZLWKWKHEUDFNHWIRUFRPSOHWHGHWDLOVEHIRUHDWWHPSWLQJ
WRLQVWDOO
7RFKHFNLIWKHEUDFNHWLVLQVWDOOHGDQGHQJDJHGSURSHUO\ORRNXQGHUQHDWKWKHUDQJHWRVHHWKDWWKH
UHDUOHYHOLQJOHJLVHQJDJHGLQWKHEUDFNHW2QVRPHPRGHOVWKHVWRUDJHGUDZHURUNLFNSDQHOFDQEH
UHPRYHGIRUHDV\LQVSHFWLRQ,IYLVXDOLQVSHFWLRQLVQRWSRVVLEOHVOLGHWKHUDQJHIRUZDUGFRQILUPWKH
DQWLWLSEUDFNHWLVVHFXUHO\DWWDFKHGWRWKHIORRURUZDOODQGVOLGHWKHUDQJHEDFNVRWKHUHDUOHYHOLQJOHJLVXQGHUWKH
DQWLWLSEUDFNHW
,IWKHUDQJHLVSXOOHGIURPWKHZDOOIRUDQ\UHDVRQDOZD\VUHSHDWWKLVSURFHGXUHWRYHULI\WKHUDQJHLVSURSHUO\VHFXUHG
E\WKHDQWLWLSEUDFNHW
1HYHUFRPSOHWHO\UHPRYHWKHOHYHOLQJOHJVRUWKHUDQJHZLOOQRWEHVHFXUHGWRWKHDQWLWLSGHYLFHSURSHUO\
,I\RXGLGQRWUHFHLYHDQDQWLWLSEUDFNHWZLWK\RXUSXUFKDVHFDOOWRUHFHLYHRQHDWQRFRVWLQ&DQDGD
FDOO)RULQVWDOODWLRQLQVWUXFWLRQVRIWKHEUDFNHWYLVLW*($SSOLDQFHVFRPLQ&DQDGD*($SSOLDQFHVFD
:$51,1*

*($SSOLDQFHVFRP
6$9(7+(6(,16758&7,216
:$51,1*
1(9(5XVHWKLVDSSOLDQFHDVDVSDFHKHDWHUWRKHDW
RUZDUPWKHURRP'RLQJVRPD\UHVXOWLQFDUERQ
PRQR[LGHSRLVRQLQJDQGRYHUKHDWLQJRIWKHRYHQ
■8VHWKLVDSSOLDQFHIRULWVLQWHQGHGSXUSRVHDVGHVFULEHG
LQWKLVRZQHU·VPDQXDO
■+DYH\RXUUDQJHLQVWDOOHGDQGSURSHUO\JURXQGHGE\
DTXDOLILHGLQVWDOOHULQDFFRUGDQFHZLWKWKHSURYLGHG
LQVWDOODWLRQLQVWUXFWLRQV$Q\DGMXVWPHQWDQGVHUYLFH
VKRXOGEHSHUIRUPHGRQO\E\DTXDOLILHGJDVUDQJH
LQVWDOOHUVRUVHUYLFHWHFKQLFLDQV'RQRWDWWHPSWWRUHSDLU
RUUHSODFHDQ\SDUWRI\RXUUDQJHXQOHVVLWLVVSHFLILFDOO\
UHFRPPHQGHGLQWKLVPDQXDO
■<RXUUDQJHLVVKLSSHGIURPWKHIDFWRU\VHWIRUXVHZLWK
QDWXUDOJDV,WFDQEHFRQYHUWHGIRUXVHZLWK/3JDV
,IUHTXLUHGWKHVHDGMXVWPHQWVPXVWEHPDGHE\D
TXDOLILHGWHFKQLFLDQLQDFFRUGDQFHZLWKWKHLQVWDOODWLRQ
LQVWUXFWLRQVDQGORFDOFRGHV7KHDJHQF\SHUIRUPLQJWKLV
ZRUNDVVXPHVUHVSRQVLELOLW\IRUWKHFRQYHUVLRQ
■+DYHWKHLQVWDOOHUVKRZ\RXWKHORFDWLRQRIWKHUDQJH
JDVVKXWRIIYDOYHDQGKRZWRWXUQLWRIILIQHFHVVDU\
■3OXJ\RXUUDQJHLQWRDYROWJURXQGHGRXWOHWRQO\'R
QRWUHPRYHWKHURXQGJURXQGLQJSURQJIURPWKHSOXJ
,ILQGRXEWDERXWWKHJURXQGLQJRIWKHKRPHHOHFWULFDO
V\VWHPLWLV\RXUUHVSRQVLELOLW\DQGREOLJDWLRQWRKDYHDQ
XQJURXQGHGRXWOHWUHSODFHGZLWKDSURSHUO\JURXQGHG
WKUHHSURQJRXWOHWLQDFFRUGDQFHZLWKWKH1DWLRQDO
(OHFWULFDO&RGH'RQRWXVHRQH[WHQVLRQFRUGZLWKWKLV
DSSOLDQFH
■%HIRUHSHUIRUPLQJDQ\VHUYLFHXQSOXJWKHUDQJH
RUGLVFRQQHFWWKHSRZHUVXSSO\DWWKHKRXVHKROG
GLVWULEXWLRQSDQHOE\UHPRYLQJWKHIXVHRUVZLWFKLQJRII
WKHFLUFXLWEUHDNHU
■%HVXUHDOOSDFNLQJPDWHULDOVDUHUHPRYHGIURPWKH
UDQJH
EHIRUHRSHUDWLQJWRSUHYHQWLJQLWLRQRIWKHVH
PDWHULDOV
■ $YRLGVFUDWFKLQJRULPSDFWLQJJODVVGRRUVFRRNWRSVRU
FRQWURO
SDQHOV'RLQJVRPD\OHDGWRJODVVEUHDNDJH'R
QRWFRRNRQDSURGXFWZLWKEURNHQJODVV6KRFNILUHRU
FXWVPD\RFFXU
■ 'RQRWOHDYHFKLOGUHQDORQHRUXQDWWHQGHGLQDQ
DUHDZKHUHDQDSSOLDQFHLVLQXVH7KH\VKRXOGQHYHU
EHDOORZHGWRFOLPEVLWRUVWDQGRQDQ\SDUWRIWKH
DSSOLDQFH
■ 'RQRWVWRUHLWHPVRILQWHUHVWWRFKLOGUHQDERYHDUDQJH
RURQWKHEDFNJXDUGRIDUDQJH³FKLOGUHQFOLPELQJRQ
WKHUDQJHWRUHDFKLWHPVFRXOGEHVHULRXVO\LQMXUHG
■'RQRWDOORZDQ\RQHWRFOLPEVWDQGRUKDQJRQWKH
RYHQGRRUGUDZHURUFRRNWRS7KH\FRXOGGDPDJHWKH
UDQJHRUWLSLWRYHUFDXVLQJVHYHUHLQMXU\RUGHDWK
■1HYHUEORFNWKHYHQWVDLURSHQLQJVRIWKHUDQJH7KH\
SURYLGHWKHDLULQOHWVDQGRXWOHWVWKDWDUHQHFHVVDU\IRU
WKHUDQJHWRRSHUDWHSURSHUO\ZLWKFRUUHFWFRPEXVWLRQ
$LURSHQLQJVDUHORFDWHGDWWKHUHDURIWKHFRRNWRSDW
WKHWRSDQGERWWRPRIWKHRYHQGRRUDQGDWWKHERWWRP
RIWKHUDQJHXQGHUWKHZDUPLQJGUDZHUORZHURYHQ
GUDZHURUNLFNSDQHO
■ 8VHRQO\GU\SRWKROGHUV³PRLVWRUGDPSSRWKROGHUVRQ
KRWVXUIDFHVPD\UHVXOWLQEXUQVIURPVWHDP'RQRWOHW
SRWKROGHUVWRXFKVXUIDFHEXUQHUVEXUQHUJUDWHRURYHQ
KHDWLQJHOHPHQW'RQRWXVHDWRZHORURWKHUEXON\FORWK
LQSODFHRISRWKROGHUV
■%HFDUHIXOQRWWRWRXFKKRWVXUIDFHVRIWKHUDQJH
3RWHQWLDOO\KRWVXUIDFHVLQFOXGHEXUQHUVJUDWHVFRRNWRS
EDFNJXDUGRYHQDQGGRRULQWHULRUDQGFUHYLFHVDURXQG
WKHRYHQGRRU
■'RQRWKHDWXQRSHQHGIRRGFRQWDLQHUV3UHVVXUHFRXOG
EXLOGXSDQGWKHFRQWDLQHUFRXOGEXUVWFDXVLQJDQ
LQMXU\
■&RRNPHDWDQGSRXOWU\WKRURXJKO\³PHDWWRDWOHDVWDQ
LQWHUQDO
WHPSHUDWXUHRI)DQGSRXOWU\WRDWOHDVW
DQLQWHUQDOWHPSHUDWXUHRI)&RRNLQJWRWKHVH
WHPSHUDWXUHVXVXDOO\SURWHFWVDJDLQVWIRRGERUQHLOOQHVV
*(1(5$/6$)(7<,16758&7,216
:$51,1*

,03257$176$)(7<,1)250$7,21
5($'$//,16758&7,216%()25(86,1*
6$9(7+(6(,16758&7,216
■'RQRWXVHZDWHURQJUHDVHILUHV1HYHUSLFNXS
DIODPLQJSDQ7XUQWKHFRQWUROVRII6PRWKHUD
IODPLQJSDQRQDVXUIDFHEXUQHUE\FRYHULQJWKHSDQ
FRPSOHWHO\ZLWKDZHOOILWWLQJOLGFRRNLHVKHHWRUIODW
WUD\,IQHFHVVDU\XVHDPXOWLSXUSRVHGU\FKHPLFDORU
IRDPW\SHILUHH[WLQJXLVKHU
■,IWKHUHLVDILUHLQWKHRYHQGXULQJEDNLQJWXUQWKHRYHQ
RIIDQGNHHSWKHGRRUFORVHGXQWLOWKHILUHJRHVRXW,I
QHFHVVDU\XVHDPXOWLSXUSRVHGU\FKHPLFDORUIRDP
W\SHILUHH[WLQJXLVKHU
■ ,IWKHUHLVDILUHLQWKHRYHQGXULQJVHOIFOHDQWXUQWKH
RYHQRIIDQGZDLWIRUWKHILUHWRJRRXW'RQRWIRUFH
WKHGRRURSHQ,QWURGXFWLRQRIIUHVKDLUDWVHOIFOHDQ
WHPSHUDWXUHVPD\OHDGWRDEXUVWRIIODPHIURPWKH
RYHQ)DLOXUHWRIROORZWKLVLQVWUXFWLRQPD\UHVXOWLQ
VHYHUHEXUQV
,17+((9(172)$),5(7$.(7+()2//2:,1*67(36
7235(9(17,1-85<$1'),5(635($',1*
■1HYHUOHDYHWKHVXUIDFHEXUQHUVXQDWWHQGHGDWPHGLXP
RUKLJKKHDWVHWWLQJV)RRGVHVSHFLDOO\RLO\IRRGVPD\
LJQLWHUHVXOWLQJLQILUHWKDWFRXOGVSUHDGWRVXUURXQGLQJ
FDELQHWV
■1HYHUOHDYHRLOXQDWWHQGHGZKLOHIU\LQJ,IDOORZHGWR
KHDWEH\RQGLWVVPRNLQJSRLQWRLOPD\LJQLWHUHVXOWLQJ
LQILUHWKDWPD\VSUHDGWRVXUURXQGLQJFDELQHWV8VHD
GHHSIDWWKHUPRPHWHUZKHQHYHUSRVVLEOHWRPRQLWRURLO
WHPSHUDWXUH
■ 7RDYRLGRLOVSLOORYHUDQGILUHXVHDPLQLPXPDPRXQWRI
RLOZKHQVKDOORZSDQIU\LQJDQGDYRLGFRRNLQJIUR]HQ
IRRGVZLWKH[FHVVLYHDPRXQWVRILFH
■ 8VHSURSHUSDQVL]HDQGDYRLGSDQVWKDWDUHXQVWDEOH
RUHDVLO\WLSSHG6HOHFWFRRNZDUHWKDWLVPDWFKHGWRWKH
VL]HRIWKHEXUQHU%XUQHUIODPHVVKRXOGEHDGMXVWHGVR
WKDWWKH\GRQRWH[WHQGEH\RQGWKHERWWRPRIWKHSDQ
([FHVVLYHIODPHPD\EHKD]DUGRXV
■$OZD\VXVHWKH/,7(SRVLWLRQZKHQLJQLWLQJWKHWRS
EXUQHUV
DQGPDNHVXUHWKHEXUQHUVKDYHLJQLWHG
■ :KHQXVLQJJODVVFHUDPLFFRRNZDUHPDNHVXUHLWLV
VXLWDEOH
IRUFRRNWRSVHUYLFHRWKHUVPD\EUHDNEHFDXVH
RIVXGGHQFKDQJHLQWHPSHUDWXUH
■7RPLQLPL]HWKHSRVVLELOLW\RIEXUQVLJQLWLRQRI
IODPPDEOHPDWHULDOVDQGVSLOODJHWKHKDQGOHRID
FRQWDLQHUVKRXOGEHWXUQHGWRZDUGWKHFHQWHURIWKH
UDQJHZLWKRXWH[WHQGLQJRYHUQHDUE\EXUQHUV
■ :KHQSUHSDULQJIODPLQJIRRGVXQGHUDKRRGWXUQWKH
IDQRQ
■ 'RQRWXVHDZRNZLWKDURXQGPHWDOVXSSRUWULQJWKH
ULQJPD\WUDSKHDWDQGEORFNDLUWRWKHEXUQHUUHVXOWLQJ
LQDFDUERQPRQR[LGHKD]DUG
■ 'RQRWDWWHPSWWROLIWWKHFRRNWRS'RLQJVRPD\
GDPDJHWKHJDVWXELQJWRWKHVXUIDFHEXUQHUVUHVXOWLQJ
LQDJDVOHDNDQGULVNRIILUH
■ :KHQGLVDEOLQJ*DV&RQWURO/RFNRXWRQVRPHPRGHOV
PDNHVXUHWKHVXUIDFHFRQWUROVDUHVHWWRWKH2))
SRVLWLRQ7KLVZLOOSUHYHQWXQLQWHQGHGJDVIORZIURPWKH
EXUQHUV
■ 'RQRWXVHDOXPLQXPIRLOWRFRYHUWKHJUDWHVRUOLQH
DQ\SDUWRIWKHFRRNWRS'RLQJVRPD\UHVXOWLQFDUERQ
PRQR[LGHSRLVRQLQJRYHUKHDWLQJRIWKHFRRNWRS
VXUIDFHVRUDSRWHQWLDOILUHKD]DUG
&22.7236$)(7<,16758&7,216
:$51,1*
:$51,1*
■'RQRWVWRUHRUXVHIODPPDEOHPDWHULDOVLQDQRYHQRU
QHDUWKHFRRNWRSLQFOXGLQJSDSHUSODVWLFSRWKROGHUV
OLQHQVZDOOFRYHULQJVFXUWDLQVGUDSHVDQGJDVROLQHRU
RWKHUIODPPDEOHYDSRUVDQGOLTXLGV
■
1HYHUZHDUORRVHILWWLQJRUKDQJLQJJDUPHQWVZKLOH
XVLQJWKHDSSOLDQFH$YRLGVWRULQJFRPPRQO\XVHG
LWHPVLQFDELQHWVDERYHWKHUDQJHDQGEHFDUHIXOZKHQ
UHDFKLQJRYHUWKHUDQJH&ORWKLQJLQFORVHSUR[LPLW\WR
EXUQHUVRUKRWVXUIDFHVPD\LJQLWHFDXVLQJVHYHUHEXUQV
■ 'RQRWOHWFRRNLQJJUHDVHRURWKHUIODPPDEOHPDWHULDOV
DFFXPXODWHLQRUQHDUWKHUDQJH*UHDVHLQWKHRYHQRU
RQWKHFRRNWRSPD\LJQLWH
■ &OHDQYHQWLODWLQJKRRGVIUHTXHQWO\*UHDVHVKRXOGQRW
EHDOORZHGWRDFFXPXODWHRQWKHKRRGRUILOWHU
.((3)/$00$%/(0$7(5,$/6$:$<)5207+(5$1*(
:$51,1*

*($SSOLDQFHVFRP
6$9(7+(6(,16758&7,216
:$51,1*
1(9(5FRYHUDQ\VORWVKROHVRU
SDVVDJHVLQWKHRYHQERWWRPRUFRYHUDQHQWLUHUDFNZLWK
PDWHULDOVVXFKDVDOXPLQXPIRLO'RLQJVREORFNVDLUIORZ
WKURXJKWKHRYHQDQGPD\FDXVHFDUERQPRQR[LGH
SRLVRQLQJ$OXPLQXPIRLOOLQLQJVPD\DOVRWUDSKHDWFDXVLQJ
DILUHKD]DUG
■6WDQGDZD\IURPWKHUDQJHZKHQRSHQLQJWKHRYHQ
GRRU+RWDLURUVWHDPZKLFKHVFDSHVFDQFDXVHEXUQV
WRKDQGVIDFHDQGRUH\HV
■ .HHSWKHRYHQIUHHIURPJUHDVHEXLOGXS*UHDVHLQWKH
RYHQPD\LJQLWH
■ 3ODFHRYHQUDFNVLQGHVLUHGORFDWLRQZKLOHRYHQLVFRRO
,IUDFNPXVWEHPRYHGZKLOHRYHQLVKRWEHFDUHIXOWR
DYRLGWRXFKLQJKRWVXUIDFHV
■3XOOWKHRYHQUDFNWRWKHVWRSORFNSRVLWLRQZKHQ
ORDGLQJDQGXQORDGLQJIRRGIURPWKHRYHQ7KLVKHOSV
SUHYHQWEXUQVIURPWRXFKLQJKRWVXUIDFHVRIWKHGRRU
DQGRYHQZDOOV
■ 'RQRWOHDYHLWHPVVXFKDVSDSHUFRRNLQJXWHQVLOVRU
IRRGLQWKHRYHQZKHQQRWLQXVH,WHPVVWRUHGLQDQ
RYHQFDQLJQLWH
■'RQRWOHDYHLWHPVRQWKHFRRNWRSQHDUWKHRYHQYHQW
ZKLFKLVLQWKHFHQWHURIWKHEDFNJXDUG,WHPVPD\
RYHUKHDWUHVXOWLQJLQDULVNRIILUHRUEXUQV
■:KHQXVLQJFRRNLQJRUURDVWLQJEDJVLQWKHRYHQIROORZ
WKHPDQXIDFWXUHU·VGLUHFWLRQV
■1HYHUEURLOZLWKGRRURSHQ2SHQGRRUEURLOLQJLVQRW
SHUPLWWHGGXHWRRYHUKHDWLQJRIFRQWURONQREV
29(16$)(7<,16758&7,216
:$51,1*
7KHVHOIFOHDQLQJIHDWXUHRSHUDWHVWKHRYHQDWWHPSHUDWXUHVKLJKHQRXJKWREXUQDZD\IRRGVRLOVLQWKHRYHQ
)ROORZWKHVHLQVWUXFWLRQVIRUVDIHRSHUDWLRQ
■%HIRUHRSHUDWLQJWKHVHOIFOHDQF\FOHUHPRYHSDQV
VKLQ\PHWDORYHQUDFNVDQGRWKHUXWHQVLOVIURPWKH
RYHQ2QO\SRUFHODLQFRDWHGRYHQUDFNVPD\EHOHIWLQ
WKHRYHQ'RQRWXVHVHOIFOHDQWRFOHDQRWKHUSDUWV
VXFKDVJUDWHV
■%HIRUHRSHUDWLQJWKHVHOIFOHDQF\FOHZLSHJUHDVHDQG
IRRGVRLOVIURPWKHRYHQ([FHVVLYHDPRXQWRIJUHDVH
PD\LJQLWHOHDGLQJWRVPRNHGDPDJHWR\RXUKRPH
■ ,IWKHVHOIFOHDQLQJPRGHPDOIXQFWLRQVWXUQWKHRYHQRII
DQGGLVFRQQHFWWKHSRZHUVXSSO\+DYHLWVHUYLFHGE\D
TXDOLILHGWHFKQLFLDQ
■ 'RQRWFOHDQWKHGRRUJDVNHW7KHGRRUJDVNHWLV
HVVHQWLDOIRUDJRRGVHDO&DUHVKRXOGEHWDNHQQRWWR
UXEGDPDJHRUPRYHWKHJDVNHW
■ 'RQRWXVHRYHQFOHDQHUV1RFRPPHUFLDORYHQFOHDQHU
RURYHQOLQHUSURWHFWLYHFRDWLQJRIDQ\NLQGVKRXOGEH
XVHGLQRUDURXQGDQ\SDUWRIWKHRYHQ
6(/)&/($1,1*29(16$)(7<,16758&7,216
:$51,1*
■7KHSXUSRVHRIWKHZDUPLQJGUDZHULVWRKROGKRW
FRRNHGIRRGVDWVHUYLQJWHPSHUDWXUH%DFWHULDZLOOJURZ
LQIRRGZKLOHLWLVEHORZ)'RQRWSXWFROGIRRGLQ
ZDUPLQJGUDZHU'RQRWKHDWIRRGIRUPRUHWKDQ
KRXUV)DLOXUHWRIROORZWKHVHLQVWUXFWLRQVPD\UHVXOWLQ
IRRGERUQHLOOQHVV
■'RQRWOHDYHSDSHUSURGXFWVSODVWLFVFDQQHGIRRGRU
FRPEXVWLEOHPDWHULDOVLQWKHGUDZHU7KH\PD\LJQLWH
■ 'RQRWWRXFKWKHKHDWLQJHOHPHQWRUWKHLQWHULRUVXUIDFH
RIWKHGUDZHU7KHVHVXUIDFHVPD\EHKRWHQRXJKWR
FDXVHEXUQV
■ 8VHFDUHZKHQRSHQLQJWKHGUDZHU2SHQWKHGUDZHUD
FUDFNDQGOHWKRWDLURUVWHDPHVFDSHEHIRUHUHPRYLQJ
RUUHSODFLQJIRRG+RWDLURUVWHDPWKDWHVFDSHVFDQ
FDXVHEXUQVWRKDQGVIDFHDQGRUH\HV
■ 'RQRWXVHDOXPLQXPIRLOWROLQHWKHZDUPLQJGUDZHU
)RLOLVDQH[FHOOHQWKHDWLQVXODWRUDQGZLOOWUDSKHDW
EHQHDWKLW7KLVZLOOXSVHWWKHSHUIRUPDQFHRIWKH
GUDZHUDQGSRWHQWLDOO\FDXVHDILUHKD]DUG
:$50,1*'5$:(5/2:(529(1'5$:(56$)(7<
,16758&7,216
6RPHPRGHOV
:$51,1*

7KURXJKRXWWKLVPDQXDOIHDWXUHVDQGDSSHDUDQFHPD\YDU\IURP\RXUPRGHO
+RZWR/LJKWD*DV6XUIDFH%XUQHU
:$51,1*
%XUQHUIODPHVWKDW
DUHQRWFRYHUHGE\FRRNZDUHPD\SUHVHQWDULVN
RIILUHRUFORWKLQJLJQLWLRQ7KHJULGGOHEXUQHU
VKRXOGRQO\EHXVHGZLWKWKHJULGGOHLQSODFH
)DLOXUHWRGRVRPD\UHVXOWLQVHULRXVLQMXU\
0DNHVXUHDOOWKHVXUIDFHEXUQHUVDUHSODFHGLQ
WKHLUUHVSHFWLYHSRVLWLRQV
3XVKWKHFRQWURONQRELQDQGWXUQLWWRWKH/,7(
SRVLWLRQ
<RXZLOOKHDUDOLWWOHFOLFNLQJQRLVH³WKHVRXQG
RIWKHHOHFWULFVSDUNLJQLWLQJWKHEXUQHU
7XUQWKHNQREWRDGMXVWWKHIODPHVL]H,IWKH
NQREVWD\VDW/,7( LWZLOOFRQWLQXHWRFOLFN
:KHQRQHEXUQHULVWXUQHGWR/,7( DOOWKH
EXUQHUVVSDUN'RQRWDWWHPSWWRGLVDVVHPEOH
RUFOHDQDURXQGDQ\EXUQHUZKLOHDQRWKHU
EXUQHULVRQ$QHOHFWULFVKRFNPD\UHVXOWZKLFK
FRXOGFDXVH\RXWRNQRFNRYHUKRWFRRNZDUH
3XVKWKHFRQWURONQRELQDQGWXUQ
LWWRWKH/,7(SRVLWLRQ
%HIRUH/LJKWLQJD*DV%XUQHU
0DNHVXUHDOOEXUQHUVDUHLQSODFH
0DNHVXUHDOOJUDWHVRQWKHUDQJHDUH
SURSHUO\SODFHGEHIRUHXVLQJDQ\EXUQHU
,I\RXUUDQJHKDVWKH*DV&RQWURO/RFNRXW
IHDWXUHPDNHVXUHLWLVGLVDEOHGEHIRUH
DWWHPSWLQJWROLJKWWKHVXUIDFHEXUQHUV
$IWHU/LJKWLQJD*DV%XUQHU
'RQRWRSHUDWHWKHEXUQHUIRUDQH[WHQGHG
SHULRGRIWLPHZLWKRXWFRRNZDUHRQWKH
JUDWH7KHILQLVKRQWKHJUDWHPD\FKLS
ZLWKRXWFRRNZDUHWRDEVRUEWKHKHDW
%HVXUHWKHEXUQHUVDQGJUDWHVDUHFRRO
EHIRUH\RXSODFH\RXUKDQGDSRWKROGHU
FOHDQLQJFORWKVRURWKHUPDWHULDOVRQWKHP
6HDOHG*DV%XUQHUV
<RXUJDVUDQJHFRRNWRSKDVVHDOHGJDV
EXUQHUV7KH\RIIHUFRQYHQLHQFHFOHDQDELOLW\
DQGIOH[LELOLW\WREHXVHGLQDZLGHUDQJHRI
FRRNLQJDSSOLFDWLRQV
7KHVPDOOHVWEXUQHULQWKHULJKWUHDUSRVLWLRQ
LVWKHVLPPHUEXUQHU2QVRPHPRGHOVWKH
ULJKWIURQWSRVLWLRQWULSOHIODPHEXUQHUZLOOEH
WKHVLPPHUEXUQHU7KLVEXUQHUFDQEHWXUQHG
GRZQWR6,0IRUDYHU\ORZVLPPHUVHWWLQJ
,WSURYLGHVSUHFLVHFRRNLQJSHUIRUPDQFHIRU
GHOLFDWHIRRGVVXFKDVVDXFHVRUIRRGVWKDW
UHTXLUHORZKHDWIRUDORQJFRRNLQJWLPH
7KHPHGLXPOHIWUHDUDQGWKHODUJHOHIW
IURQWEXUQHUVDUHWKHSULPDU\EXUQHUV
IRUPRVWFRRNLQJ7KHVHJHQHUDOSXUSRVH
EXUQHUVFDQEHWXUQHGGRZQIURP+,WR/2WR
VXLWDZLGHUDQJHRIFRRNLQJQHHGV
7KHH[WUDODUJHEXUQHUULJKWIURQWWULSOHIODPH
EXUQHURUOHIWIURQWEXUQHURQVRPHPRGHOVDUH
WKHPD[LPXPRXWSXWEXUQHUV/LNHWKHRWKHU
IRXUEXUQHUVLWFDQEHWXUQHGGRZQIURP+,WR
6,0IRUDZLGHUDQJHRIFRRNLQJDSSOLFDWLRQV
7KHVHEXUQHUVDUHGHVLJQHGWRTXLFNO\EULQJ
ODUJHDPRXQWVRIOLTXLGWRDERLO7KH\KDYH
DVSHFLDO32:(5%2,/
VHWWLQJGHVLJQHGWR
EHXVHGZLWKFRRNZDUHLQFKHVRUODUJHULQ
GLDPHWHUIRUWKHH[WUDODUJHDQGLQFKHVRU
ODUJHUIRUWKHWULSOHIODPHEXUQHU
7KHFHQWHURYDOEXUQHURQVRPHPRGHOVLVIRU
ODUJHSRWVSDQVRUIRUXVHZLWKWKHJULGGOH
8VLQJWKHJDVVXUIDFHEXUQHUV
+RZWR/LJKW%ULGJH%XUQHUIRU0RGHO3*%
0HGLXP
6PDOO
/DUJH
&HQWHURYDO
RQVRPH
PRGHOV
([WUD/DUJH
([WUD
/DUJH
RQ
VRPH
PRGHOV
7ULULQJ
EXUQHURQ
VRPHPRGHOV
%ULGJHEXUQHU
RQVRPH
PRGHOV
)RUH[WUDODUJHEXUQHUVRQO\
)RUWULULQJEXUQHUVRQO\
)RU5HDU%XUQHUDQG%ULGJH
%XUQHU&RPER2QO\
Griddle Burner
9 8 7 6 5 4 3 2 1
Griddle Burner Hi Med Lo
)RU)URQW*ULGGOH%XUQHU2QO\
:$51,1*
%XUQHUIODPHV
WKDWDUHQRWFRYHUHGE\FRRNZDUHPD\
SUHVHQWDULVNRIILUHRUFORWKLQJLJQLWLRQ7KH
JULGGOHEXUQHUVKRXOGRQO\EHXVHGZLWKWKH
JULGGOHLQSODFH)DLOXUHWRGRVRPD\UHVXOWLQ
VHULRXVLQMXU\
/LJKWUHDUEXUQHUIXOO\DWWKH/LWHSRVLWLRQ
7XUQWKHVDPHUHDUEXUQHUNQREWRWKH
*ULGGOH%XUQHU+LVHWWLQJWROLJKWWKHEULGJH
%HVXUHIURQWJULGGOHEXUQHUVHWWLQJLVWKHVDPH
DVUHDUEXUQHUDQGEULGJHEXUQHUFRPER

+RZWR6HOHFW)ODPH6L]H
:$51,1*
)ODPHVWKDWDUH
QRWFRYHUHGE\FRRNZDUHPD\SUHVHQWDULVN
RIEXUQVRUFORWKLQJLJQLWLRQ1HYHUOHWIODPHV
H[WHQGEH\RQGWKHVLGHVRIWKHFRRNZDUH
:DWFKWKHIODPHQRWWKHNQREDV\RXDGMXVW
KHDW:KHQIDVWKHDWLQJLVGHVLUHGWKHIODPH
VL]HRQDJDVEXUQHUVKRXOGPDWFKWKH
FRRNZDUH\RXDUHXVLQJ
)ODPHVODUJHUWKDQWKHERWWRPRIWKHFRRNZDUH
ZLOOQRWUHVXOWLQIDVWHUKHDWLQJDQGPD\EH
KD]DUGRXV
,Q&DVHRI3RZHU)DLOXUH
,QFDVHRIDSRZHUIDLOXUH\RXFDQOLJKWWKH
JDVVXUIDFHEXUQHUVRQ\RXUUDQJHZLWKD
PDWFK+ROGDOLWPDWFKWRWKHEXUQHUWKHQ
SXVKLQDQGWXUQWKHFRQWURONQREWRWKH/,7(
SRVLWLRQ8VHH[WUHPHFDXWLRQZKHQOLJKWLQJ
EXUQHUVWKLVZD\
6XUIDFHEXUQHUVLQXVHZKHQDQHOHFWULFDO
SRZHUIDLOXUHRFFXUVZLOOFRQWLQXHWRRSHUDWH
QRUPDOO\
127(,I*DV&RQWURO/RFNRXWLVLQXVHDWWKH
WLPHRIDSRZHUIDLOXUHWKHVXUIDFHEXUQHUV
FDQQRWEHOLW
*($SSOLDQFHVFRP
:RN7KLV:D\
:HUHFRPPHQGWKDW\RXXVHDLQFKRU
VPDOOHUIODWERWWRPHGZRN0DNHVXUHWKHZRN
ERWWRPVLWVIODWRQWKHJUDWH7KH\DUHDYDLODEOH
DW\RXUORFDOUHWDLOVWRUH
2QO\DIODWERWWRPHGZRNVKRXOGEHXVHG
'RQRWXVHDZRNVXSSRUWULQJ3ODFLQJWKH
ULQJRYHUWKHEXUQHURUJUDWHPD\FDXVHWKH
EXUQHUWRZRUNLPSURSHUO\UHVXOWLQJLQFDUERQ
PRQR[LGHOHYHOVDERYHDOORZDEOHVWDQGDUGV
7KLVFRXOGEHGDQJHURXVWR\RXUKHDOWK
8VHDIODWERWWRPHGZRN
6WRYH7RS*ULOOV
'RQRWXVHVWRYHWRSJULOOVRQ\RXUVHDOHGJDV
EXUQHUV,I\RXXVHWKHVWRYHWRSJULOORQWKH
VHDOHGJDVEXUQHULWZLOOFDXVHLQFRPSOHWH
FRPEXVWLRQDQGFDQUHVXOWLQH[SRVXUHWR
FDUERQPRQR[LGHOHYHOVDERYHDOORZDEOH
FXUUHQWVWDQGDUGV
7KLVFDQEHKD]DUGRXVWR\RXUKHDOWK
7RSRI5DQJH&RRNZDUH
$OXPLQXP0HGLXPZHLJKWFRRNZDUHLV
UHFRPPHQGHGEHFDXVHLWKHDWVTXLFNO\
DQGHYHQO\0RVWIRRGVEURZQHYHQO\LQDQ
DOXPLQXPVNLOOHW8VHVDXFHSDQVZLWKWLJKW
ILWWLQJOLGVZKHQFRRNLQJZLWKPLQLPXP
DPRXQWVRIZDWHU
&DVW,URQ,IKHDWHGVORZO\PRVWVNLOOHWVZLOO
JLYHVDWLVIDFWRU\UHVXOWV
(QDPHOZDUH8QGHUVRPHFRQGLWLRQVWKH
HQDPHORIVRPHFRRNZDUHPD\PHOW)ROORZ
FRRNZDUHPDQXIDFWXUHU·VUHFRPPHQGDWLRQV
IRUFRRNLQJPHWKRGV
*ODVV7KHUHDUHWZRW\SHVRIJODVV
FRRNZDUH³WKRVHIRURYHQXVHRQO\DQG
WKRVHIRUWRSRIUDQJHFRRNLQJVDXFHSDQV
FRIIHHDQGWHDSRWV*ODVVFRQGXFWVKHDW
YHU\VORZO\
+HDWSURRI*ODVV&HUDPLF&DQEHXVHGIRU
HLWKHUVXUIDFHRURYHQFRRNLQJ,WFRQGXFWV
KHDWYHU\VORZO\DQGFRROVYHU\VORZO\&KHFN
FRRNZDUHPDQXIDFWXUHU·VGLUHFWLRQVWREH
VXUHLWFDQEHXVHGRQJDVUDQJHV
6WDLQOHVV6WHHO7KLVPHWDODORQHKDVSRRU
KHDWLQJSURSHUWLHVDQGLVXVXDOO\FRPELQHG
ZLWKFRSSHUDOXPLQXPRURWKHUPHWDOVIRU
LPSURYHGKHDWGLVWULEXWLRQ&RPELQDWLRQ
PHWDOVNLOOHWVXVXDOO\ZRUNVDWLVIDFWRULO\
LIWKH\DUHXVHGZLWKPHGLXPKHDWDVWKH
PDQXIDFWXUHUUHFRPPHQGV

<RXUQRQVWLFNFRDWHGJULGGOHRUSUHVHDVRQHG
JULGGOHRQVRPHPRGHOVSURYLGHVDQH[WUDODUJH
FRRNLQJVXUIDFHIRUPHDWVSDQFDNHVRURWKHU
IRRGXVXDOO\SUHSDUHGLQDIU\LQJSDQRUVNLOOHW
127(<RXUJULGGOHZLOOGLVFRORURYHUWLPH
DVLWEHFRPHVVHDVRQHGZLWKXVH
+RZWR,QVHUWWKH&KHI·V*ULGGOH
8VLQJWKHJULGGOHRQVRPHPRGHOV
7KLVJULGGOHFDQRQO\EHXVHGZLWKWKHOHIWUHDU
IURQWDQGEULGJHEXUQHUV7RLQVHUWWKHJULGGOH
SODFHRQWRSRIWKHJUDWHVVRWKDWWKHIHHW
RQWKHERWWRPRIWKHJULGGOHVHWEHWZHHQWKH
ILQJHUVRQWKHJUDWHV
127('RQRWFOHDQWKHJULGGOHLQWKHVHOIFOHDQLQJ
RYHQ
:$51,1*)LUH+D]DUG
7KH3UH+HDWVHWWLQJRQVRPHPRGHOVLVSURYLGHGWR
TXLFNO\SUHKHDW\RXUJULGGOH7XUQFRQWUROGRZQEHIRUH
SODFLQJIRRGRQWKHJULGGOH&RRNLQJRQWKH3UH+HDW
VHWWLQJPD\UHVXOWLQILUH
8VHFDUHZKHQFRRNLQJJUHDV\IRRGV6SLOOHGJUHDVHPD\
UHVXOWLQILUH
1HYHUSODFHRUVWRUHDQ\LWHPVRQWKHJULGGOHHYHQZKHQLW
LVQRWLQXVH+HDWIURPVXUURXQGLQJEXUQHUVFDQKHDWWKH
JULGGOHDQGPD\UHVXOWLQILUH
3ODFHDQGUHPRYHWKHJULGGOHRQO\ZKHQDOOJUDWHVDQG
JULGGOHDUHFRRODQGDOOVXUIDFHXQLWVDUHWXUQHG2))
0RVWJULGGOHGIRRGVUHTXLUHFRRNLQJRQDSUHKHDWHGVXUIDFH
3UHKHDWJULGGOHDFFRUGLQJWRWKLVJXLGHWKHQVZLWFKWRWKH
GHVLUHGFRRNVHWWLQJ
'RQRWXVHRLORQWKHJULGGOHIRUH[WHQGHGOHQJWKVRIWLPH
3HUPDQHQWVWDLQLQJDQGRUFUD]HOLQHVRQWKHVXUIDFHFRXOGUHVXOW
'RQRWRYHUKHDWWKHJULGGOH/HDYLQJWKHJULGGOHEXUQHURQDW
+,IRUDQH[WHQGHGDPRXQWRIWLPHZLWKRXWIRRGFDQGDPDJH
WKHQRQVWLFNFRDWLQJ
$YRLGXVLQJPHWDOXWHQVLOVZLWKVKDUSSRLQWVRUURXJKVKDUS
HGJHVZKLFKPLJKWGDPDJHWKHJULGGOHVXUIDFH
'RQRWFXWIRRGVRQWKHJULGGOH
8VLQJWKH*ULGGOH
7\SHRI)RRG 3UHKHDW&RQGLWLRQV &RRN6HWWLQJ
:DUPLQJ7RUWLOODV QRQH /RZ
3DQFDNHV 0HGPLQ 0HG
+DPEXUJHUV 0HGPLQ 0HG
%UHDNIDVW6DXVDJH/LQNV +LPLQ 0HG
+RW6DQGZLFKHVVXFKDV
*ULOOHG&KHHVH
0HGPLQ 0HG
6WHDN +LPLQ +L
9HJJLH0HGOH\ +LPLQ 0HG
$VSDUDJXV +LPLQ 0HG
)LVK 0HGPLQ 0HG
127(*ULGGOHVHWWLQJVPD\QHHGWREHDGMXVWHGLIWKHJULGGOHLV
XVHGIRUDQH[WHQGHGWLPH%HVXUHWKHSUHKHDWFRQGLWLRQVDQGFRRN
VHWWLQJVDUHWKHVDPHIRUERWKWKHIURQWDQGUHDU*ULGGOH%XUQHUV
127(*ULGGOHVHWWLQJVPD\QHHGWREHDGMXVWHGLIWKHJULGGOHLV
XVHGIRUDQH[WHQGHGWLPH
3UHVHDVRQHG&KHI·V*ULGGOHIRU0RGHO3*%
7\SHRI)RRG 3UHKHDW&RQGLWLRQV &RRN6HWWLQJ
:DUPLQJ7RUWLOODV QRQH 0HG/RZ
3DQFDNHV 0HG+LPLQ 0HG
+DPEXUJHUV +LPLQ 0HG
6HDURQ+LIRU
PLQXWHRQHDFKVLGH
)ULHG(JJV +LPLQ 0HG
%UHDNIDVW6DXVDJH/LQNV
+LPLQ 0HG
+RW6DQGZLFKHVVXFK
DV*ULOOHG&KHHVH
+LPLQ +L
1RQVWLFN*ULGGOHIRU0RGHO&*6
+RZWR,QVHUWWKH1RQVWLFNDQG5HYHUVLEOH*ULGGOH
7KHJULGGOHFDQRQO\EHXVHGZLWKWKHFHQWHU
EXUQHU7RLQVHUWWKHJULGGOHUHPRYHWKHFHQWHU
JUDWHDQGUHSODFHZLWKWKHJULGGOH
127('RQRWFOHDQWKHJULGGOHLQWKHVHOIFOHDQLQJRYHQ
7\SHRI)RRG 3UHKHDW&RQGLWLRQV &RRN6HWWLQJ
:DUPLQJ7RUWLOODV QRQH 0HG/RZ
3DQFDNHV 0HG+LPLQ 0HG+L
+DPEXUJHUV 0HG+LPLQ 0HG+L
%UHDNIDVW6DXVDJH/LQNV +LPLQ 0HG
+RW6DQGZLFKHVVXFKDV
*ULOOHG&KHHVH
+LPLQ +L
127(*ULGGOHVHWWLQJVPD\QHHGWREHDGMXVWHGLIWKHJULGGOHLV
XVHGIRUDQH[WHQGHGWLPH
3UHVHDVRQHG*ULGGOHIRU0RGHOV3*%
-*%

8VLQJWKHRYHQFRQWUROV
7KURXJKRXWWKLVPDQXDOIHDWXUHVDQGDSSHDUDQFHPD\YDU\IURP\RXUPRGHO *($SSOLDQFHVFRP
%DNH3DG
7RXFKWRVHOHFWWKHEDNHIXQFWLRQ
%URLO+L/R3DG
7RXFKWRVHOHFWWKHEURLOIXQFWLRQ
&RQYHFWLRQ%DNH3DG
7RXFKWRVHOHFWEDNLQJZLWKWKHFRQYHFWLRQ
IXQFWLRQ
&RQYHFWLRQ5RDVW3DG
7RXFKWRVHOHFWURDVWLQJZLWKWKHFRQYHFWLRQ
IXQFWLRQ
6WDUW3DG
0XVWEHWRXFKHGWRVWDUWDQ\FRRNLQJRUFOHDQLQJ
IXQFWLRQ
'LVSOD\
6KRZVWKHWLPHRIGD\RYHQWHPSHUDWXUHZKHWKHU
WKHRYHQLVLQWKHEDNHEURLORUVHOIFOHDQLQJPRGH
WKHWLPHVVHWIRUWKHWLPHURUDXWRPDWLFRYHQ
RSHUDWLRQVDQGLIWKHUDQJHLVORFNHG
,I´)²DQGDQXPEHURUOHWWHUµIODVKLQWKHGLVSOD\DQG
WKHRYHQFRQWUROVLJQDOVWKLVLQGLFDWHVDIXQFWLRQHUURU
FRGH7RXFKWKH&OHDU2IISDG$OORZWKHRYHQWRFRROIRU
RQHKRXU3XWWKHRYHQEDFNLQWRRSHUDWLRQ,IWKHIXQFWLRQ
HUURUFRGHUHSHDWVGLVFRQQHFWWKHSRZHUWRWKHRYHQDQG
FDOOIRUVHUYLFH
,I\RXURYHQZDVVHWIRUDWLPHGRYHQRSHUDWLRQDQGD
SRZHURXWDJHRFFXUUHGWKHFORFNDQGDOOSURJUDPPHG
IXQFWLRQVPXVWEHUHVHW
7KHWLPHRIGD\ZLOOIODVKLQWKHGLVSOD\ZKHQWKHUHKDV
EHHQDSRZHURXWDJH
6HOI&OHDQ3DG
7RXFKWRVHOHFWVHOIFOHDQLQJIXQFWLRQ6HHWKH
8VLQJWKHVHOIFOHDQLQJRYHQ VHFWLRQ
2YHQ/LJKW2Q2II3DG
7RXFKWRWXUQWKHRYHQOLJKWRQRURII
'HOD\6WDUW3DG
8VHDORQJZLWK&22.,1*7,0(RU6(/)
&/($1SDGVWRVHWWKHRYHQWRVWDUWDQGVWRS
DXWRPDWLFDOO\DWDWLPH\RXVHW
&RRNLQJ7LPH3DG
7RXFKDQGWKHQWRXFKWKHQXPEHUSDGVWRVHWWKH
DPRXQWRIWLPH\RXZDQW\RXUIRRGWRFRRN7KH
RYHQZLOOVKXWRIIZKHQWKHFRRNLQJWLPHKDVUXQRXW
&OHDU2II3DG
7RXFKWRFDQFHO$//RYHQRSHUDWLRQVH[FHSWWKH
FORFNWLPHUDQG*DV&RQWURO/RFNRXWRU&RQWURO
/RFNRXWGHSHQGLQJRQPRGHO
&ORFN3DG
7RXFKEHIRUHVHWWLQJWKHFORFN
1XPEHU3DGV
8VHWRVHWDQ\IXQFWLRQUHTXLULQJQXPEHUVVXFK
DVWKHWLPHRIGD\RQWKHFORFNWKHWLPHUWKHRYHQ
WHPSHUDWXUHWKHLQWHUQDOIRRGWHPSHUDWXUHWKH
VWDUWWLPHDQGOHQJWKRIRSHUDWLRQIRUWLPHGEDNLQJ
DQGVHOIFOHDQLQJ
.LWFKHQ7LPHU2Q2II3DG
7RXFKWRVHOHFWWKHWLPHUIHDWXUH
3UREH3DG
7RXFKZKHQXVLQJWKHSUREHWRFRRNIRRG
*DV&RQWURO/RFNRXWRQVRPHPRGHOV
7RXFKDQGKROGWKH*DV&RQWURO/RFNRXWSDGIRU
VHFRQGVWRORFNXQORFNWKHVXUIDFHEXUQHUV
RYHQEXUQHUVDQGFRQWUROSDQHOVRWKH\FDQQRWEH
DFWLYDWHG
2YHQ&RQWURO&ORFN7LPHUDQG)HDWXUHV&*60RGHOV
)HDWXUHVDSSHDUDQFHDQGSDGORFDWLRQVPD\YDU\

%DNH3DG
7RXFKWRVHOHFWWKHEDNHIXQFWLRQ
%URLO+L/R3DG
7RXFKWRVHOHFWWKHEURLOIXQFWLRQ
&RQYHFWLRQ%DNH0XOWL5DFN3DG
RQVRPHPRGHOV
7RXFKWRVHOHFWEDNLQJZLWKWKHFRQYHFWLRQIXQFWLRQ
&RQYHFWLRQ5RDVW3DGRQVRPHPRGHOV
7RXFKWRVHOHFWURDVWLQJZLWKWKHFRQYHFWLRQ
IXQFWLRQ
3URRI3DGRQVRPHPRGHOV
7RXFKWRVHOHFWDZDUPHQYLURQPHQWXVHIXOIRU
ULVLQJ\HDVWOHDYHQHGSURGXFWV
6WDUW3DG
0XVWEHWRXFKHGWRVWDUWDQ\FRRNLQJRUFOHDQLQJ
IXQFWLRQ
'LVSOD\
6KRZVWKHWLPHRIGD\RYHQWHPSHUDWXUHZKHWKHU
WKHRYHQLVLQWKHEDNHEURLORUVHOIFOHDQLQJPRGH
WKHWLPHVVHWIRUWKHWLPHURUDXWRPDWLFRYHQ
RSHUDWLRQVDQGLIWKHUDQJHLVORFNHG
,I´)²DQGDQXPEHURUOHWWHUµIODVKLQWKHGLVSOD\DQG
WKHRYHQFRQWUROVLJQDOVWKLVLQGLFDWHVDIXQFWLRQHUURU
FRGH7RXFKWKH&OHDU2IISDG$OORZWKHRYHQWRFRROIRU
RQHKRXU3XWWKHRYHQEDFNLQWRRSHUDWLRQ,IWKHIXQFWLRQ
HUURUFRGHUHSHDWVGLVFRQQHFWWKHSRZHUWRWKHRYHQDQG
FDOOIRUVHUYLFH
,I\RXURYHQZDVVHWIRUDWLPHGRYHQRSHUDWLRQDQGD
SRZHURXWDJHRFFXUUHGWKHFORFNDQGDOOSURJUDPPHG
IXQFWLRQVPXVWEHUHVHW
7KHWLPHRIGD\ZLOOIODVKLQWKHGLVSOD\ZKHQWKHUHKDV
EHHQDSRZHURXWDJH
6HOI&OHDQ3DG
7RXFKWRVHOHFWVHOIFOHDQLQJIXQFWLRQ6HHWKH
8VLQJWKHVHOIFOHDQLQJRYHQ VHFWLRQ
2YHQ/LJKW2Q2II3DG
7RXFKWRWXUQWKHRYHQOLJKWRQRURII
'HOD\6WDUW3DG
8VHDORQJZLWK&RRNLQJ7LPHRU6HOI&OHDQ
SDGVWRVHWWKHRYHQWRVWDUWDQGVWRS
DXWRPDWLFDOO\DWDWLPH\RXVHW
&RRNLQJ7LPH3DG
7RXFKDQGWKHQWRXFKWKHQXPEHUSDGVWRVHWWKH
DPRXQWRIWLPH\RXZDQW\RXUIRRGWRFRRN7KH
RYHQZLOOVKXWRIIZKHQWKHFRRNLQJWLPHKDVUXQRXW
&OHDU2II3DG
7RXFKWRFDQFHO$//RYHQRSHUDWLRQVH[FHSWWKH
FORFNWLPHUDQG*DV&RQWURO/RFNRXWRU&RQWURO
/RFNRXWGHSHQGLQJRQPRGHO
&ORFN3DG
7RXFKEHIRUHVHWWLQJWKHFORFN
1XPEHU3DGV
8VHWRVHWDQ\IXQFWLRQUHTXLULQJQXPEHUVVXFK
DVWKHWLPHRIGD\RQWKHFORFNWKHWLPHUWKHRYHQ
WHPSHUDWXUHWKHLQWHUQDOIRRGWHPSHUDWXUHWKH
VWDUWWLPHDQGOHQJWKRIRSHUDWLRQIRUWLPHGEDNLQJ
DQGVHOIFOHDQLQJ
.LWFKHQ7LPHU2Q2II3DG
7RXFKWRVHOHFWWKHWLPHUIHDWXUH
&RQWURO/RFNRXWRQVRPHPRGHOV
7KHFRQWUROORFNRXWLVDQG7RXFKDQGKROGWKH
DQGSDGVDWWKHVDPHWLPHIRUVHFRQGV
:DUPLQJ'UDZHU2Q2II3DGRQVRPHPRGHOV
WRXFKWKLVSDGDQGWKHQWRXFKQXPEHUSDGVWR
XVHWKHZDUPLQJGUDZHU6HHWKH8VLQJWKHHOHFWULF
ZDUPLQJGUDZHUVHFWLRQ
3UREH/RFNRXW3DG
7RXFKZKHQXVLQJWKHSUREHWRFRRNIRRG
*DV&RQWURO/RFNRXWRQVRPHPRGHOV
7RXFKDQGKROGWKH*DV&RQWUROORFNRXWIRU
VHFRQGVWRORFNXQORFNWKHVXUIDFHEXUQHUV
RYHQEXUQHUVDQGFRQWUROSDQHOVRWKH\
FDQQRWEHDFWLYDWHG
2YHQ&RQWURO&ORFN7LPHUDQG)HDWXUHV
)HDWXUHVDSSHDUDQFHDQGSDGORFDWLRQVPD\YDU\
8VLQJWKHRYHQFRQWUROV
7KURXJKRXWWKLVPDQXDOIHDWXUHVDQGDSSHDUDQFHPD\YDU\IURP\RXUPRGHO
1RWH2QPRGHOV
ZLWKEDFNOLWWRXFK
SDGFRQWUROVWKH\
ZLOOUHPDLQOLWIRU
PDQ\PLQXWHV
DIWHUWKH\DUHODVW
WRXFKHG
Gas/Control
Lockout

8VLQJWKHXSSHURYHQ *($SSOLDQFHVFRP
7RDYRLGSRVVLEOHEXUQVSODFHWKHVKHOYHVLQWKHGHVLUHGSRVLWLRQEHIRUH\RXWXUQWKHRYHQRQ
%HIRUH\RXEHJLQ«
7KHVKHOYHVKDYHVWRSORFNVVRWKDWZKHQ
SODFHGFRUUHFWO\RQWKHVKHOIVXSSRUWV$
WKURXJK(WKH\ZLOOVWRSEHIRUHFRPLQJ
FRPSOHWHO\RXWDQGZLOOQRWWLOW
:KHQSODFLQJDQGUHPRYLQJFRRNZDUHSXOOWKH
VKHOIRXWWRWKHEXPSRQWKHVKHOIVXSSRUW
&$87,21:KHQ\RXDUH
XVLQJDUDFNLQWKHORZHVWSRVLWLRQ5\RX
ZLOOQHHGWRXVHFDXWLRQZKHQSXOOLQJWKH
UDFNRXW:HUHFRPPHQGWKDW\RXSXOOWKH
UDFNRXWVHYHUDOLQFKHVDQGWKHQXVLQJWZR
SRWKROGHUVSXOOWKHUDFNRXWE\KROGLQJWKH
VLGHVRILW7KHUDFNLVORZDQG\RXFDQEH
EXUQHGLI\RXSXW\RXUKDQGLQWKHPLGGOHRI
WKHUDFNDQGSXOODOOWKHZD\RXW
7RUHPRYHDVKHOI SXOOLWWRZDUG\RXWLOWWKH
IURQWHQGXSDQGSXOOLWRXW
7RUHSODFH SODFHWKHHQGRIWKHVKHOIVWRS
ORFNVRQWKHVXSSRUWWLOWXSWKHIURQWDQGSXVK
WKHVKHOILQ
127(7KHVKHOILVQRWGHVLJQHGWRVOLGHRXWDW
WKHVSHFLDOORZVKHOI5SRVLWLRQ
7KHRYHQKDVVKHOISRVLWLRQV
,WDOVRKDVDVSHFLDOORZVKHOI
SRVLWLRQ5IRUH[WUDODUJHLWHPV
VXFKDVDODUJHWXUNH\
3RZHU2XWDJH
7KHRYHQRUEURLOHUFDQQRWEHOLWGXULQJDSRZHU
IDLOXUH*DVZLOOQRWIORZXQOHVVWKHJORZEDULV
KRW
,IWKHRYHQLVLQXVHZKHQDSRZHUIDLOXUH
RFFXUVWKHRYHQEXUQHUVKXWVRIIDQGFDQQRW
EHUHOLWXQWLOSRZHULVUHVWRUHG7KLVLVEHFDXVH
WKHIORZRIJDVLVDXWRPDWLFDOO\VWRSSHG
DQGZLOOQRWUHVXPHZKHQSRZHULVUHVWRUHG
XQWLOWKHJORZEDUKDVUHDFKHGRSHUDWLQJ
WHPSHUDWXUH
8SSHU2YHQ/LJKW
7RXFKWKH2YHQ/LJKWSDGRQWKHXSSHUFRQWURO
SDQHOWRWXUQWKHOLJKWRQRURII
8SSHU2YHQ9HQW
<RXURYHQLVYHQWHGWKURXJKGXFWVDWWKHUHDU
RIWKHUDQJH'RQRWEORFNWKHVHGXFWVZKHQ
FRRNLQJLQWKHRYHQ³LWLVLPSRUWDQWWKDWWKH
IORZRIKRWDLUIURPWKHRYHQDQGIUHVKDLU
WRWKHRYHQEXUQHUEHXQLQWHUUXSWHG$YRLG
WRXFKLQJWKHYHQWRSHQLQJVRUQHDUE\VXUIDFHV
GXULQJRYHQRUEURLOHURSHUDWLRQ³WKH\PD\
EHFRPHKRW
+DQGOHVRISRWVDQGSDQVRQWKHFRRNWRS
PD\EHFRPHKRWLIOHIWWRRFORVHWRWKHYHQW
'RQRWOHDYHSODVWLFRUIODPPDEOHLWHPVRQ
WKHFRRNWRS³WKH\PD\PHOWRULJQLWHLIOHIW
WRRFORVHWRWKHYHQW
'RQRWOHDYHFORVHGFRQWDLQHUVRQWKH
FRRNWRS7KHSUHVVXUHLQFORVHGFRQWDLQHUV
PD\LQFUHDVHZKLFKPD\FDXVHWKHP
WREXUVW
0HWDOLWHPVZLOOEHFRPHYHU\KRWLIWKH\DUH
OHIWRQWKHFRRNWRSDQGFRXOGFDXVHEXUQV
3ODVWLFLWHPVRQWKHFRRNWRSPD\
PHOWLIOHIWWRRFORVHWRWKHYHQW
9HQWDSSHDUDQFHDQGORFDWLRQYDU\

+RZWR6HWWKH8SSHU2YHQIRU%DNLQJRU5RDVWLQJ
<RXURYHQLVQRWGHVLJQHGIRURSHQGRRU
FRRNLQJ
7RXFKWKH%DNHSDG
7RXFKWKHQXPEHUSDGVWRVHWWKHGHVLUHG
WHPSHUDWXUH
7RXFKWKH6WDUW SDG
7KHZRUG21 DQGZLOOEHGLVSOD\HG
$VWKHRYHQKHDWVXSWKHGLVSOD\ZLOOVKRZWKH
FKDQJLQJWHPSHUDWXUH:KHQWKHRYHQUHDFKHV
WKHWHPSHUDWXUH\RXVHWDWRQHZLOOVRXQG
7RFKDQJHWKHRYHQWHPSHUDWXUHGXULQJ%$.(
F\FOHSUHVVWKH%DNHSDGDQGWKHQWKHQXPEHU
SDGVWRJHWWKHQHZWHPSHUDWXUH
&KHFNIRRGIRUGRQHQHVVDWPLQLPXPWLPH
RQUHFLSH&RRNORQJHULIQHFHVVDU\
7RXFKWKH&OHDU2II SDGZKHQFRRNLQJLV
FRPSOHWH
127($FRROLQJIDQPD\DXWRPDWLFDOO\WXUQ
RQDQGRIIWRFRROLQWHUQDOSDUWV7KLVLVQRUPDO
DQGWKHIDQPD\FRQWLQXHWRUXQHYHQDIWHUWKH
RYHQLVWXUQHGRII
7KHRYHQKDVDVSHFLDOORZVKHOI
5SRVLWLRQMXVWDERYHWKHRYHQ
ERWWRP8VHLWZKHQH[WUDFRRNLQJ
VSDFHLVQHHGHGIRUH[DPSOH
ZKHQFRRNLQJDODUJHWXUNH\7KH
VKHOILVQRWGHVLJQHGWRVOLGHRXW
DWWKLVSRVLWLRQ
8VLQJWKHXSSHURYHQ
,I\RXUPRGHOKDVDGRRUODWFKGRQRWORFNWKHRYHQGRRUZLWKWKHODWFKGXULQJEDNLQJRUURDVWLQJ
7KHODWFKLVXVHGIRUVHOIFOHDQLQJRQO\
3UHKHDWLQJDQG3DQ3ODFHPHQW
7RDYRLGSRVVLEOHEXUQVSODFHWKHUDFNVLQWKH
GHVLUHGSRVLWLRQEHIRUH\RXWXUQRQWKHRYHQ
3UHKHDWWKHRYHQLIWKHUHFLSHFDOOVIRULW
7RSUHKHDWVHWWKHRYHQDWWKHFRUUHFW
WHPSHUDWXUH3UHKHDWLQJLVQHFHVVDU\ZKHQ
FRQYHFWLRQEDNLQJDQGIRUJRRGUHVXOWVZKHQ
EDNLQJFDNHVFRRNLHVSDVWU\DQGEUHDGV
)RURYHQVZLWKRXWDSUHKHDWLQGLFDWRUOLJKWRU
WRQHSUHKHDWPLQXWHV
%DNLQJUHVXOWVZLOOEHEHWWHULIEDNLQJSDQV
DUHFHQWHUHGLQWKHRYHQDVPXFKDVSRVVLEOH
3DQVVKRXOGQRWWRXFKHDFKRWKHURUWKHZDOOVRI
WKHRYHQ,I\RXQHHGWRXVHWZRVKHOYHVVWDJJHU
WKHSDQVVRRQHLVQRWGLUHFWO\DERYHWKHRWKHU
DQGOHDYHDSSUR[LPDWHO\
øµEHWZHHQSDQV
IURPWKHIURQWEDFNDQGVLGHVRIWKHZDOO
:KHQEDNLQJRQDVLQJOHUDFNXVH
WKHUDFNSRVLWLRQIURPWKHFKDUWIRU
\RXUW\SHRIIRRG%DNLQJUHVXOWV
ZLOOEHEHWWHULIEDNLQJSDQVDUH
FHQWHUHGLQWKHRYHQDVPXFKDV
SRVVLEOH
:KHQEDNLQJIRXUFDNHOD\HUVDWDWLPH
XVHUDFNV%DQG'3ODFHWKHORZHU
SDQV
DWWKHEDFNRIWKHUDFNDQGWKH
XSSHUSDQVWRWKHIURQWRIWKHUDFN
VKRZQVRWKDWRQHSDQLVQRWGLUHFWO\
DERYHDQRWKHU
)RUFDNHVDQGVLPLODUIRRGVFRRNHGRQPXOWLSOH
UDFNVDWWKHVDPHWLPHFRQYHFWLRQPD\
SURYLGHEHWWHUUHVXOWV

2YHQ0RLVWXUH
$V\RXURYHQKHDWVXSWKHWHPSHUDWXUHFKDQJH
RIWKHDLULQWKHRYHQPD\FDXVHZDWHUGURSOHWV
WRIRUPRQWKHGRRUJODVV7KHVHGURSOHWV
DUHKDUPOHVVDQGZLOOHYDSRUDWHDVWKHRYHQ
FRQWLQXHVWRKHDWXS
$OXPLQXP)RLO
'RQRWXVHDOXPLQXPIRLOWROLQHRYHQERWWRPV
7KHIRLOZLOOWUDSKHDWEHORZDQGXSVHWWKH
SHUIRUPDQFHRIWKHRYHQ)RLOFDQPHOWDQG
SHUPDQHQWO\GDPDJHWKHRYHQERWWRP
'DPDJHIURPLPSURSHUXVHRIDOXPLQXPIRLOLV
QRWFRYHUHGE\WKHSURGXFWZDUUDQW\
)RLOPD\EHXVHGWRFDWFKVSLOOVE\SODFLQJD
VKHHWRQDORZHUUDFNVHYHUDOLQFKHVEHORZ
WKHIRRG'RQRWXVHPRUHIRLOWKDQQHFHVVDU\
DQGQHYHUHQWLUHO\FRYHUDQRYHQUDFNZLWK
DOXPLQXPIRLO.HHSIRLODWOHDVWµIURP
RYHQZDOOVWRSUHYHQWSRRUKHDWFLUFXODWLRQ
*($SSOLDQFHVFRP
+RZWR6HWWKH8SSHU2YHQIRU%URLOLQJ
3ODFHWKHPHDWRUILVKRQDEURLOHUJULGLQ
DEURLOHUSDQ
)ROORZVXJJHVWHGVKHOISRVLWLRQVLQWKH
%URLOLQJ*XLGH
7KHRYHQGRRUPXVW EHFORVHGGXULQJ
EURLOLQJ
7RXFKWKH%URLO+L/R SDGRQFHIRU
+L%URLO
7RFKDQJHWR/R%URLOWRXFKWKH%URLO+L
/RSDGDJDLQ
7RXFKWKH6WDUW SDG
:KHQEURLOLQJLVILQLVKHGWRXFKWKH&OHDU
2IISDG
6HUYHWKHIRRGLPPHGLDWHO\DQGOHDYHWKHSDQ
RXWVLGHWKHRYHQWRFRROGXULQJWKHPHDOIRU
HDVLHVWFOHDQLQJ
8VH/R%URLOWRFRRNIRRGVVXFKDVSRXOWU\
RUWKLFNFXWVRIPHDWWKRURXJKO\ZLWKRXWRYHU
EURZQLQJWKHP
,I\RXUPRGHOKDVDGRRUODWFKGRQRWORFNWKHRYHQGRRUZLWKWKHODWFKGXULQJEURLOLQJ
7KHODWFKLVXVHGIRUVHOIFOHDQLQJRQO\
&ORVHWKHGRRU$OZD\VEURLOZLWK
WKHGRRUFORVHG

8VLQJWKHXSSHURYHQ
7KHVL]HZHLJKWWKLFNQHVV
VWDUWLQJWHPSHUDWXUHDQG
\RXUSUHIHUHQFHRIGRQHQHVV
ZLOODIIHFWEURLOLQJWLPHV7KLV
JXLGHLVEDVHGRQPHDWVDW
UHIULJHUDWRUWHPSHUDWXUH
7KH86'HSDUWPHQWRI
$JULFXOWXUHVD\V´5DUHEHHILV
SRSXODUEXW\RXVKRXOGNQRZWKDW
FRRNLQJLWWRRQO\)PHDQV
VRPHIRRGSRLVRQLQJRUJDQLVPV
PD\VXUYLYHµ6RXUFH6DIH)RRG
%RRN<RXU.LWFKHQ*XLGH86'$
5HY-XQH
7KHRYHQKDVVKHOISRVLWLRQV
%URLOLQJ*XLGH
'XHWRWKHYDULHW\RIPHDWVDQGFXWVDYDLODEOH\RXPD\VHOHFWDOWHUQDWHUDFNSRVLWLRQVEDVHGRQSHUVRQDOSUHIHUHQFH
RIGRQHQHVVDQGH[WHUQDOVHDULQJ6HHLOOXVWUDWLRQIRUGHVFULSWLRQRIUDFNSRVLWLRQV
)RRG 'RQHQHVV
7\SHRU
7KLFNQHVV
%URLO
6HWWLQJ
5DFN
3RVLWLRQ
&RPPHQWV
%HHI 5DUH0HGLXP
5DUH
))
6WHDNV
µWKLFN
+L ( 6WHDNVOHVVWKDQ
µWKLFNDUHGLI
ILFXOWWRFRRNUDUH
7KH\PD\FRRN
WKURXJKEHIRUH
EURZQLQJ
7RDYRLGFXUOLQJ
VODVKIDWDWµ
LQWHUYDOV
0HGLXP) 6WHDNV
µWRµWKLFN
+L '(
:HOO'RQH
)
6WHDNV
µWRµWKLFN
+L '
0HGLXP) *URXQG%HHI
3DWWLHV
µWRµWKLFN
+L '(
:HOO'RQH
)
*URXQG%HHI
3DWWLHV
µWRµWKLFN
+L '
&KLFNHQ %UHDVWERQHOHVV +L & %URLOVNLQVLGH
GRZQILUVW
%UHDVWERQHLQ +L &
)LVKILOOHWV µWRµWKLFN +L ' +DQGOHDQGWXUQ
YHU\FDUHIXOO\
/R '
3RUN
&KRSV
:HOO'RQH
)
µWKLFN +L ' 7RDYRLGFXUOLQJ
VODVKIDWDWµ
LQWHUYDOV

1RWDOOIHDWXUHVDUHRQDOOPRGHOV
7R6HWWKH&ORFN
7KHFORFNPXVWEHVHWWRWKHFRUUHFWWLPHRIGD\
IRUWKHDXWRPDWLFRYHQWLPLQJIXQFWLRQVWRZRUN
SURSHUO\7KHWLPHRIGD\FDQQRWEHFKDQJHG
GXULQJDWLPHGEDNLQJRUVHOIFOHDQLQJF\FOH
7RXFKWKH&ORFN SDG
7RXFKWKHQXPEHUSDGV
7RXFKWKHQXPEHUSDGVWKHVDPHZD\\RX
UHDGWKHP)RUH[DPSOHWRVHWWRXFKWKH
QXPEHUSDGVDQGLQWKDWRUGHU
,IQXPEHUSDGVDUHQRWWRXFKHGZLWKLQRQH
PLQXWHDIWHU\RXWRXFKWKH&ORFNSDGWKH
GLVSOD\UHYHUWVWRWKHRULJLQDOVHWWLQJ,IWKLV
KDSSHQVWRXFKWKH&ORFN SDGDQGUHHQWHUWKH
WLPHRIGD\
7RXFKWKH6WDUW SDGXQWLOWKHWLPHRIGD\
VKRZVLQWKHGLVSOD\7KLVHQWHUVWKHWLPH
DQGVWDUWVWKHFORFN
7RFKHFNWKHWLPHRIGD\ZKHQWKHGLVSOD\LV
VKRZLQJRWKHULQIRUPDWLRQVLPSO\WRXFKWKH
&ORFNSDG7KHWLPHRIGD\VKRZVXQWLODQRWKHU
SDGLVWRXFKHG
7R6HWWKH7LPHU
7KHWLPHUGRHVQRWFRQWURORYHQRSHUDWLRQV
7KHPD[LPXPVHWWLQJRQWKHWLPHULVKRXUV
DQGPLQXWHV
7RXFKWKH.LWFKHQ7LPHU2Q2IISDG
7RXFKWKHQXPEHUSDGVXQWLOWKHDPRXQW
RIWLPH\RXZDQWVKRZVLQWKHGLVSOD\7KH
PD[LPXPWLPHWKDWFDQEHHQWHUHGLQ
PLQXWHVLV7LPHVPRUHWKDQ
PLQXWHVVKRXOGEHFKDQJHGWRKRXUVDQG
PLQXWHV)RUH[DPSOHWRHQWHUPLQXWHV
DVKRXUPLQXWHVWRXFKDQGLQ
WKDWRUGHU
,I\RXPDNHDPLVWDNHSUHVVWKH.LWFKHQ7LPHU
2Q2IISDGDQGEHJLQDJDLQ
7RXFKWKH6WDUW SDG$IWHUSUHVVLQJWKH
6WDUWSDG6HW GLVDSSHDUVWKLVWHOOV\RX
WKHWLPHLVFRXQWLQJGRZQDOWKRXJKWKH
GLVSOD\GRHVQRWFKDQJHXQWLORQHPLQXWH
KDVSDVVHG
:KHQWKHWLPHUUHDFKHV WKHFRQWURO
ZLOOEHHSWLPHVIROORZHGE\RQHEHHS
HYHU\VHFRQGVXQWLOWKH.LWFKHQ7LPHU
2Q2IISDGLVWRXFKHG
7KHVHFRQGWRQHFDQEHFDQFHOHGE\
IROORZLQJWKHVWHSVLQWKH6SHFLDOIHDWXUHVRI
\RXURYHQFRQWUROVHFWLRQXQGHU7RQHVDWWKH
(QGRID7LPHG&\FOH
0DNHVXUHWKHFORFNLVVHWWRWKH
FRUUHFWWLPHRIGD\
7KHWLPHULVDPLQXWHWLPHURQO\
7KH&OHDU2IISDGGRHVQRWDIIHFW
WKHWLPHU
3RZHU2XWDJH
,IDIODVKLQJWLPHLVLQWKHGLVSOD\\RXKDYH
H[SHULHQFHGDSRZHUIDLOXUH5HVHWWKHFORFN
7RXFKWKH&ORFN SDGRQFHWRUHVHW(QWHUWKH
FRUUHFWWLPHRIGD\E\WRXFKLQJWKHDSSURSULDWH
QXPEHUSDGV7RXFKWKH6WDUWSDG
7R5HVHWWKH7LPHU
,IWKHGLVSOD\LVVWLOOVKRZLQJWKHWLPHUHPDLQLQJ
\RXPD\FKDQJHLWE\WRXFKLQJWKH.LWFKHQ
7LPHU2Q2II SDGWKHQWRXFKWKHQXPEHU
SDGVXQWLOWKHWLPH\RXZDQWDSSHDUVLQWKH
GLVSOD\
,IWKHUHPDLQLQJWLPHLVQRWLQWKHGLVSOD\FORFN
GHOD\VWDUWRUFRRNLQJWLPHDUHLQWKHGLVSOD\
UHFDOOWKHUHPDLQLQJWLPHE\WRXFKLQJWKH
.LWFKHQ7LPHU2Q2II SDGDQGWKHQWRXFKLQJ
WKHQXPEHUSDGVWRHQWHUWKHQHZWLPH\RX
ZDQW
7R&DQFHOWKH7LPHU
7RXFKWKH.LWFKHQ7LPHU2Q2IISDGWZLFH
8VLQJWKHFORFNDQGWLPHU *($SSOLDQFHVFRP

8VLQJWKHWLPHGEDNLQJDQGURDVWLQJIHDWXUHVXSSHURYHQRQO\
,I\RXUPRGHOKDVDGRRUODWFKGRQRWORFNWKHRYHQGRRUZLWKWKHODWFKGXULQJWLPHGFRRNLQJ7KHODWFKLVXVHGIRUVHOI
FOHDQLQJRQO\
127()RRGVWKDWVSRLOHDVLO\³VXFKDVPLONHJJVILVKVWXIILQJVSRXOWU\DQGSRUN³VKRXOGQRWEHDOORZHGWRVLWIRUPRUH
WKDQKRXUEHIRUHRUDIWHUFRRNLQJ5RRPWHPSHUDWXUHSURPRWHVWKHJURZWKRIKDUPIXOEDFWHULD%HVXUHWKDWWKHRYHQ
OLJKWLVRIIEHFDXVHKHDWIURPWKHEXOEZLOOVSHHGKDUPIXOEDFWHULDJURZWK
+RZWR6HWDQ,PPHGLDWH6WDUWDQG$XWRPDWLF6WRS
7KHXSSHURYHQZLOOWXUQRQLPPHGLDWHO\DQGFRRN
IRUDVHOHFWHGOHQJWKRIWLPH$WWKHHQGRIWKH
FRRNLQJWLPHWKHRYHQZLOOWXUQRIIDXWRPDWLFDOO\
7RXFKWKH%DNHSDG
7RXFKWKHQXPEHUSDGVWRVHWWKHGHVLUHGRYHQ
WHPSHUDWXUH
7RXFKWKH&RRNLQJ7LPH SDG
127(,I\RXUUHFLSHUHTXLUHVSUHKHDWLQJ\RX
PD\QHHGWRDGGDGGLWLRQDOWLPHWRWKHOHQJWKRIWKH
FRRNLQJWLPH
7RXFKWKHQXPEHUSDGVWRVHWWKHGHVLUHG
OHQJWKRIFRRNLQJWLPH7KHPLQLPXPFRRNLQJ
WLPH\RXFDQVHWLVPLQXWH
7KHRYHQWHPSHUDWXUHWKDW\RXVHWDQGWKH
FRRNLQJWLPHWKDW\RXHQWHUHGZLOOEHLQWKH
GLVSOD\
7RXFKWKH6WDUWSDG
7KHRYHQZLOOWXUQ21DQGWKHGLVSOD\ZLOOVKRZ
WKHFRRNLQJWLPHFRXQWGRZQDQGWKHFKDQJLQJ
WHPSHUDWXUHVWDUWLQJDW)7KHWHPSHUDWXUH
GLVSOD\ZLOOVWDUWWRFKDQJHRQFHWKHRYHQ
WHPSHUDWXUHUHDFKHV):KHQWKHRYHQUHDFKHV
WKHWHPSHUDWXUH\RXVHWEHHSVZLOOVRXQG
7KHRYHQZLOOFRQWLQXHWRFRRNIRUWKHVHWDPRXQW
RIWLPHWKHQWXUQRIIDXWRPDWLFDOO\XQOHVVWKH&RRN
DQG+ROGIHDWXUHZDVVHW6HHWKH6SHFLDOIHDWXUHVRI
\RXURYHQFRQWUROVHFWLRQ
$IWHUWKHRYHQWXUQVRIIWKHHQGRIF\FOHWRQHZLOO
VRXQG
7RXFKWKH&OHDU2IISDGWRFOHDUWKHGLVSOD\LI
QHFHVVDU\5HPRYHWKHIRRGIURPWKHRYHQ
5HPHPEHUHYHQWKRXJKWKHRYHQWXUQVRII
DXWRPDWLFDOO\IRRGOHIWLQWKHRYHQZLOO
FRQWLQXHFRRNLQJDIWHUWKHRYHQWXUQVRII
+RZWR6HWD'HOD\HG6WDUWDQG$XWRPDWLF6WRS
7KHXSSHURYHQZLOOWXUQRQDWWKHWLPHRIGD\\RX
VHWFRRNIRUDVSHFLILFOHQJWKRIWLPHDQGWKHQWXUQ
RIIDXWRPDWLFDOO\
0DNHVXUHWKHFORFNVKRZVWKHFRUUHFWWLPHRIGD\
7RXFKWKH%DNHSDG
7RXFKWKHQXPEHUSDGVWRVHWWKHGHVLUHGRYHQ
WHPSHUDWXUH
7RXFKWKH&RRNLQJ7LPH SDG
127(,I\RXUUHFLSHUHTXLUHVSUHKHDWLQJ\RX
PD\QHHGWRDGGDGGLWLRQDOWLPHWRWKHOHQJWKRIWKH
FRRNLQJWLPH
7RXFKWKHQXPEHUSDGVWRVHWWKHGHVLUHG
OHQJWKRIFRRNLQJWLPH7KHPLQLPXPFRRNLQJ
WLPH\RXFDQVHWLVPLQXWH
7KHRYHQWHPSHUDWXUHWKDW\RXVHWDQGWKH
FRRNLQJWLPHWKDW\RXHQWHUHGZLOOEHLQWKH
GLVSOD\
7RXFKWKH'HOD\6WDUW SDG
7RXFKWKHQXPEHUSDGVWRVHWWKHWLPHRIGD\
\RXZDQWWKHRYHQWRWXUQRQDQGVWDUW
FRRNLQJ
7RXFKWKH6WDUWSDG
127($QDWWHQWLRQWRQHZLOOVRXQGLI\RXDUHXVLQJ
WLPHGEDNLQJDQGGRQRWWRXFKWKH6WDUWSDG
127(,I\RXZRXOGOLNHWRFKHFNWKHWLPHV
\RXKDYHVHWWRXFKWKH'HOD\6WDUWSDGWR
FKHFNWKHVWDUWWLPH\RXKDYHVHWRUWRXFK
WKH&RRNLQJ7LPH SDGWRFKHFNWKHOHQJWKRI
FRRNLQJWLPH\RXKDYHVHW
:KHQWKHRYHQWXUQV21DWWKHWLPHRIGD\
\RXVHWWKHGLVSOD\ZLOOVKRZWKHFRRNLQJWLPH
FRXQWGRZQDQGWKHFKDQJLQJWHPSHUDWXUH
VWDUWLQJDW)7KHWHPSHUDWXUHGLVSOD\ZLOO
VWDUWWRFKDQJHRQFHWKHRYHQWHPSHUDWXUH
UHDFKHV):KHQWKHRYHQUHDFKHVWKH
WHPSHUDWXUH\RXVHWEHHSVZLOOVRXQG
7KHRYHQZLOOFRQWLQXHWRFRRNIRUWKHVHWDPRXQW
RIWLPHWKHQWXUQRIIDXWRPDWLFDOO\XQOHVVWKH
&RRNDQG+ROGIHDWXUHZDVVHW6HHWKH6SHFLDO
IHDWXUHVRI\RXURYHQFRQWUROVHFWLRQ
$IWHUWKHRYHQWXUQVRIIWKHHQGRIF\FOHWRQHZLOO
VRXQG
7RXFKWKH&OHDU2IISDGWRFOHDUWKH
GLVSOD\LIQHFHVVDU\5HPRYHWKHIRRG
IURPWKHRYHQ5HPHPEHUHYHQWKRXJK
WKHRYHQWXUQVRIIDXWRPDWLFDOO\IRRGOHIW
LQWKHRYHQZLOOFRQWLQXHFRRNLQJDIWHUWKH
RYHQWXUQVRII

&$87,217RSUHYHQWEXUQVGRQRWXQSOXJWKHSUREHIURPWKHRYHQRXWOHWXQWLOWKHRYHQKDVFRROHG'RQRW
VWRUHWKHSUREHLQWKHRYHQ
,I\RXUPRGHOKDVDGRRUODWFKGRQRWORFNWKHRYHQGRRUZLWKWKHODWFKZKLOHFRRNLQJZLWKWKHSUREH7KHODWFKLVXVHG
IRUVHOIFOHDQLQJRQO\
)RUPDQ\IRRGVHVSHFLDOO\URDVWVDQGSRXOWU\LQWHUQDOIRRGWHPSHUDWXUHLVWKHEHVWWHVWIRUGRQHQHVV7KHWHPSHUDWXUH
SUREHWDNHVWKHJXHVVZRUNRXWRIFRRNLQJIRRGVWRWKHH[DFWGRQHQHVV\RXZDQW
8VHRISUREHVRWKHUWKDQWKHRQHSURYLGHGZLWK
WKLVSURGXFWPD\UHVXOWLQGDPDJHWRWKHSUREH
8VHWKHKDQGOHVRIWKHSUREHDQGSOXJZKHQ
LQVHUWLQJDQGUHPRYLQJWKHPIURPWKHIRRGDQG
RXWOHW
7RDYRLGGDPDJLQJ\RXUSUREHGRQRWXVH
WRQJVWRSXOORQWKHFDEOHZKHQUHPRYLQJLW
7RDYRLGEUHDNLQJWKHSUREHPDNHVXUHIRRG
LVFRPSOHWHO\GHIURVWHGEHIRUHLQVHUWLQJ
7RSUHYHQWSRVVLEOHEXUQVGRQRWXQSOXJWKH
SUREHIURPWKHRXWOHWXQWLOWKHRYHQKDVFRROHG
1HYHUOHDYH\RXUSUREHLQVLGHWKHRYHQ
GXULQJDVHOIFOHDQLQJF\FOH
'RQRWVWRUHWKHSUREHLQWKHRYHQ
7KHWHPSHUDWXUHSUREHKDVD
VNHZHUOLNHSUREHDWRQHHQGDQG
DSOXJDWWKHRWKHUHQGWKDWJRHV
LQWRWKHRXWOHWLQWKHRYHQ
$IWHUSUHSDULQJWKHPHDWDQGSODFLQJLWRQ
DWULYHWRURQDEURLOHUSDQJULGIROORZWKHVH
GLUHFWLRQVIRUSURSHUSUREHSODFHPHQW
,QVHUWWKHSUREHFRPSOHWHO\LQWRWKHPHDW
,WVKRXOGQRWWRXFKWKHERQHIDWRUJULVWOH
)RUURDVWVZLWKQRERQHLQVHUWWKHSUREHLQWR
WKHPHDWLHVWSDUWRIWKHURDVW)RUERQHLQKDP
RUODPELQVHUWWKHSUREHLQWRWKHFHQWHURIWKH
ORZHVWODUJHPXVFOH
,QVHUWWKHSUREHLQWRWKHFHQWHURIGLVKHVVXFK
DVPHDWORDIRUFDVVHUROHV
,QVHUWWKHSUREHLQWRWKHPHDWLHVWSDUWRIWKH
LQQHUWKLJKIURPEHORZDQGSDUDOOHOWRWKHOHJRI
DZKROHWXUNH\
+RZWR6HWWKH8SSHU2YHQ)RU&RRNLQJ:KHQ8VLQJWKH3UREH
,QVHUWWKHSUREHLQWRWKHIRRG
3OXJWKHSUREHLQWRWKHRXWOHWLQWKHRYHQ
0DNHVXUHLW·VSXVKHGDOOWKHZD\LQ&ORVH
WKHRYHQGRRU
7RXFKWKH3UREH SDG
7RXFKWKHQXPEHUSDGVWRVHWWKHGHVLUHG
LQWHUQDOIRRGRUPHDWWHPSHUDWXUH
EHWZHHQ)DQG)
7RXFKWKH%DNHSDG
7RXFKWKHQXPEHUSDGVWRVHWWKHGHVLUHG
RYHQWHPSHUDWXUH
7RXFKWKH6WDUW SDG
7KHGLVSOD\ZLOOIODVKLIWKHSUREHLVLQVHUWHG
LQWRWKHRXWOHWDQG\RXKDYHQRWVHWDSUREH
WHPSHUDWXUHDQGWRXFKHGWKH6WDUWSDG
7KHGLVSOD\ZLOOVKRZ/2XQWLOWKHLQWHUQDO
WHPSHUDWXUHRIWKHIRRGUHDFKHV)WKHQ
WKHFKDQJLQJLQWHUQDOWHPSHUDWXUHZLOOEH
VKRZQ
:KHQWKHLQWHUQDOWHPSHUDWXUHRIWKHIRRG
UHDFKHVWKHQXPEHU\RXKDYHVHWWKH
SUREHDQGWKHRYHQWXUQRIIDQGWKHRYHQ
FRQWUROVLJQDOV7RVWRSWKHVLJQDOWRXFK
WKH&OHDU2IISDG8VHKRWSDGVWRUHPRYH
WKHSUREHIURPWKHIRRG'RQRWXVHWRQJV
WRSXOORQLW³WKH\PLJKWGDPDJHLW
7RFKDQJHWKHRYHQWHPSHUDWXUHGXULQJSUREH
FRRNLQJWRXFKWKH%DNHSDGDQGWKHQWKH
QXPEHUSDGVWRVHWWKHQHZWHPSHUDWXUH
,IWKHSUREHLVUHPRYHGIURPWKHIRRGEHIRUH
WKH
ILQDOWHPSHUDWXUHLVUHDFKHGDWRQHZLOO
VRXQGDQGWKHGLVSOD\ZLOOIODVKXQWLOWKH
SUREHLVUHPRYHGIURPWKHRYHQ
<RXFDQXVHWKHWLPHUHYHQWKRXJK\RX
FDQQRWXVHWLPHGRYHQRSHUDWLRQVZKLOH
XVLQJWKHSUREH
8VLQJWKHSUREHRQVRPHPRGHOV *($SSOLDQFHVFRP
&DEOH
+DQGOHV

8VLQJWKHFRQYHFWLRQRYHQRQVRPHPRGHOV
,I\RXUPRGHOKDVDGRRUODWFKGRQRWORFNWKHRYHQGRRUZLWKWKHODWFKGXULQJFRQYHFWLRQFRRNLQJ7KHODWFKLVXVHGIRU
VHOIFOHDQLQJRQO\
7KHFRQYHFWLRQRYHQIDQVKXWVRIIZKHQWKHRYHQGRRULVRSHQHG'2127OHDYHWKHGRRURSHQIRUORQJSHULRGVRIWLPH
ZKLOHXVLQJFRQYHFWLRQFRRNLQJ
7RKHOS\RXXQGHUVWDQGWKHGLIIHUHQFHEHWZHHQ
FRQYHFWLRQEDNHDQGURDVWDQGWUDGLWLRQDOEDNH
DQGURDVWKHUHDUHVRPHJHQHUDOJXLGHOLQHV
&RQYHFWLRQ%DNH
3UHKHDWWKHRYHQ6HHWKH8VLQJWKH2YHQ²
3UHKHDWLQJDQG3DQ3ODFHPHQWVHFWLRQ
,GHDOIRUIRRGVFRRNHGRQPXOWLSOHVKHOYHV
*RRGIRUODUJHTXDQWLWLHVRIEDNHGIRRGV
*RRGUHVXOWVZLWKFRRNLHVELVFXLWVEURZQLHV
FXSFDNHVFUHDPSXIIVVZHHWUROOVDQJHO
IRRGFDNHDQGEUHDG
7KHFRQYHFWLRQIDQFLUFXODWHVWKHKHDWHG
DLUHYHQO\RYHUDQGDURXQGWKHIRRG
&RQYHFWLRQ5RDVW
*RRGIRUODUJHWHQGHUFXWVRIPHDW
XQFRYHUHG
7KHFRQYHFWLRQIDQFLUFXODWHVWKHKHDWHGDLU
HYHQO\RYHUDQGDURXQGWKHIRRG0HDWDQG
SRXOWU\DUHEURZQHGRQDOOVLGHVDVLIWKH\
ZHUHFRRNHGRQDURWLVVHULH+HDWHGDLUZLOOEH
FLUFXODWHGRYHUXQGHUDQGDURXQGWKHIRRG
EHLQJURDVWHG7KHKHDWHGDLUVHDOVLQMXLFHV
TXLFNO\IRUDPRLVWDQGWHQGHUSURGXFWZKLOH
DWWKHVDPHWLPHFUHDWLQJDULFKJROGHQEURZQ
H[WHULRU
5RDVWVRUSRXOWU\VKRXOGEHFRRNHGRQVKHOI
SRVLWLRQ$
:KHQ\RXDUHFRQYHFWLRQURDVWLQJLWLV
LPSRUWDQWWKDW\RXXVHDEURLOHUSDQDQGJULG
IRUEHVWFRQYHFWLRQURDVWLQJUHVXOWV7KHSDQLV
XVHGWRFDWFKJUHDVHVSLOOVDQGWKHJULGLVXVHG
WRSUHYHQWJUHDVHVSDWWHUV
3ODFHWKHVKHOILQVKHOISRVLWLRQ$
,QDFRQYHFWLRQRYHQDIDQ
FLUFXODWHVKRWDLURYHUXQGHUDQG
DURXQGWKHIRRG7KLVFLUFXODWLQJ
KRWDLULVHYHQO\GLVWULEXWHG
WKURXJKRXWWKHRYHQFDYLW\$VD
UHVXOWIRRGVDUHHYHQO\FRRNHG
DQGEURZQHG³RIWHQLQOHVVWLPH
WKDQZLWKUHJXODUKHDW
$XWR5HFLSH
&RQYHUVLRQ
<RXFDQXVH\RXUIDYRULWHUHFLSHVLQWKH
FRQYHFWLRQRYHQ
:KHQXVLQJ&RQYHFWLRQ%DNHWKHRYHQZLOO
DXWRPDWLFDOO\FRQYHUWWKHRYHQWHPSHUDWXUH
IURPUHJXODUEDNLQJWR&RQYHFWLRQ%DNH
WHPSHUDWXUHV
8VLQJWKHQXPEHUSDGVHQWHUWKH
WHPSHUDWXUHUHFRPPHQGHGLQWKHUHFLSH
7RXFKWKH6WDUW SDG
7KHGLVSOD\ZLOOVKRZWKHWHPSHUDWXUH
\RXHQWHUHGIURP\RXUUHFLSH7KH
RYHQZLOODXWRPDWLFDOO\FRQYHUWLWWRWKH
FRQYHFWLRQFRRNLQJWHPSHUDWXUH
7RXFKWKH&OHDU2II SDGZKHQEDNLQJLV
ILQLVKHG
8VHSDQVL]HUHFRPPHQGHGLQWKHUHFLSH
6RPHSDFNDJHLQVWUXFWLRQVIRUIUR]HQ
FDVVHUROHVPDLQGLVKHVRUEDNHGJRRGV
KDYHEHHQGHYHORSHGXVLQJFRPPHUFLDO
FRQYHFWLRQRYHQV)RUEHVWUHVXOWVLQ
WKLVRYHQSUHKHDWWKHRYHQDQGXVHWKH
WHPSHUDWXUHIRUUHJXODUEDNLQJRQWKH
SDFNDJH
7RGHDFWLYDWHWKHIHDWXUH
7RXFKWKHXSSHURYHQ%URLODQG%DNH
SDGDWWKHVDPHWLPHXQWLOWKHGLVSOD\
VKRZV6)
7RXFKWKH&RQYHFWLRQ%DNHSDG7KH
GLVSOD\ZLOOVKRZ&RQ2Q7RXFKWKH
&RQYHFWLRQ%DNHSDGDJDLQ7KHGLVSOD\
ZLOOVKRZ&RQ2II
7RXFKWKH6WDUWSDG

&RRNZDUHIRU&RQYHFWLRQ&RRNLQJ
%HIRUHXVLQJ\RXUFRQYHFWLRQRYHQFKHFN
WRVHHLI\RXUFRRNZDUHOHDYHVURRPIRUDLU
FLUFXODWLRQLQWKHRYHQ,I\RXDUHEDNLQJZLWK
VHYHUDOSDQVOHDYHVSDFHEHWZHHQWKHP$OVR
EHVXUHWKHSDQVGRQRWWRXFKHDFKRWKHURU
WKHZDOOVRIWKHRYHQ
3DSHUDQG3ODVWLF
+HDWUHVLVWDQWSDSHUDQGSODVWLFFRQWDLQHUV
WKDWDUHUHFRPPHQGHGIRUXVHLQUHJXODU
RYHQVFDQEHXVHGLQFRQYHFWLRQRYHQV3ODVWLF
FRRNZDUHWKDWLVKHDWUHVLVWDQWWRWHPSHUDWXUHV
RI)FDQDOVREHXVHGZKHQRYHQLVEHORZ
)
0HWDODQG*ODVV
$Q\W\SHRIFRRNZDUHZLOOZRUNLQ\RXU
FRQYHFWLRQRYHQ+RZHYHUPHWDOSDQVKHDWWKH
IDVWHVWDQGDUHUHFRPPHQGHGIRUFRQYHFWLRQ
EDNLQJ
'DUNHQHGRUPDWWHILQLVKHGSDQVZLOOEDNH
IDVWHUWKDQVKLQ\SDQV
*ODVVRUFHUDPLFSDQVFRRNPRUHVORZO\
:KHQEDNLQJFRRNLHV\RXZLOOJHWWKHEHVW
UHVXOWVLI\RXXVHDIODWFRRNLHVKHHWLQVWHDGRID
SDQZLWKORZVLGHV
)RUUHFLSHVOLNHRYHQEDNHGFKLFNHQXVHDSDQ
ZLWKORZVLGHV+RWDLUFDQQRWFLUFXODWHZHOO
DURXQGIRRGLQDSDQZLWKKLJKVLGHV
or
+RZWR6HWWKH8SSHU2YHQIRU&RQYHFWLRQ%DNLQJRU5RDVWLQJ
7RXFKWKH&RQYHFWLRQ%DNHRU
&RQYHFWLRQ5RDVW SDG
7RXFKWKHQXPEHUSDGVWRVHWWKHGHVLUHG
RYHQWHPSHUDWXUH
7RXFKWKH6WDUWSDG
7RFKDQJHWKHRYHQWHPSHUDWXUHWRXFKWKH
&RQYHFWLRQ%DNH RU&RQYHFWLRQ5RDVWSDG
DQGWKHQWKHQXPEHUSDGVWRVHWWKHQHZ
WHPSHUDWXUH
:KHQWKHRYHQVWDUWVWRKHDWWKHFKDQJLQJ
WHPSHUDWXUHVWDUWLQJDW)ZLOOEHGLVSOD\HG
:KHQWKHRYHQUHDFKHVWKHWHPSHUDWXUH\RX
VHWEHHSVZLOOVRXQG
7RXFKWKH&OHDU2IISDGZKHQILQLVKHG
127(<RXZLOOKHDUDIDQZKLOHFRRNLQJZLWK
FRQYHFWLRQ7KHIDQZLOOVWRSZKHQWKHGRRULV
RSHQHGEXWWKHKHDWZLOOQRWWXUQRII
7KHIDQZLOOQRWVWDUWXQWLOWKHSUHKHDW
WHPSHUDWXUHLVUHDFKHG
*($SSOLDQFHVFRP

+RZWR6HWWKH8SSHU2YHQIRU&RQYHFWLRQ5RDVWLQJZKHQ8VLQJWKH3UREH
RQVRPHPRGHOV
7KHGLVSOD\ZLOOIODVK352%(DQGWKHRYHQ
FRQWUROZLOOVLJQDOLIWKHSUREHLVLQVHUWHGLQWR
WKHRXWOHWDQG\RXKDYHQRWVHWDSUREH
WHPSHUDWXUHDQGWRXFKHGWKH6WDUWSDG
3ODFHWKHVKHOILQWKHVKHOISRVLWLRQ$
,QVHUWWKHSUREHFRPSOHWHO\LQWRWKHIRRG
3 O X J W K H S U R E H LQWRWKHRXWOHWLQWKHRYHQ
0DNHVXUHLWLVSXVKHGDOOWKHZD\LQ&ORVH
WKHRYHQGRRU
7RXFKWKH&RQYHFWLRQ5RDVW SDG
7RXFKWKHQXPEHUSDGVWRVHWWKHGHVLUHG
RYHQWHPSHUDWXUH
7RXFKWKH3UREH SDG
7RXFKWKHQXPEHUSDGVWRVHWWKHGHVLUHG
LQWHUQDOIRRGWHPSHUDWXUH
7RFKDQJHWKHRYHQWHPSHUDWXUHGXULQJWKH
&RQYHFWLRQ5RDVWF\FOHWRXFKWKH&RQYHFWLRQ
5RDVWSDGDQGWKHQWRXFKWKHQXPEHUSDGVWR
VHWWKHQHZGHVLUHGWHPSHUDWXUH
7RXFKWKH6WDUWSDG
:KHQWKHRYHQVWDUWVWRKHDWWKHZRUG/2ZLOO
EHLQWKHGLVSOD\
$IWHUWKHLQWHUQDOWHPSHUDWXUHRIWKHIRRG
UHDFKHV)WKHFKDQJLQJLQWHUQDO
WHPSHUDWXUHZLOOEHVKRZQLQWKHGLVSOD\
: K H Q W K H LQWHUQDOWHPSHUDWXUHRIWKH
IRRGUHDFKHVWKHQXPEHU\RXKDYHVHW
WKHSUREHDQGWKHRYHQWXUQRIIDQGWKH
RYHQFRQWUROVLJQDOV7RVWRSWKHVLJQDO
WRXFKWKH&OHDU2II SDG8VHKRWSDGVWR
UHPRYHWKHSUREHIURPWKHIRRG'RQRW
XVHWRQJVWRSXOORQLW³WKH\PLJKW
GDPDJHLW
&$87,217RSUHYHQWEXUQV
GRQRWXQSOXJWKHSUREHIURPWKHRYHQRXWOHW
XQWLOWKHRYHQKDVFRROHG'RQRWVWRUHWKH
SUREHLQWKHRYHQ
127(
,IWKHSUREHLVUHPRYHGIURPWKHIRRGEHIRUH
WKHILQDOWHPSHUDWXUHLVUHDFKHGDWRQHZLOO
VRXQGDQGWKHGLVSOD\ZLOOIODVKXQWLOWKH
SUREHLVUHPRYHGIURPWKHRYHQ
<RXZLOOKHDUDIDQZKLOHFRRNLQJZLWKWKLV
IHDWXUH7KHIDQZLOOVWRSZKHQWKHGRRULV
RSHQHGEXWWKHKHDWZLOOQRWWXUQRII
<RXFDQXVHWKHWLPHUHYHQWKRXJK\RX
FDQQRWXVHWLPHGRYHQRSHUDWLRQVZKLOH
XVLQJWKHSUREH
)RUEHVWUHVXOWVZKHQURDVWLQJ
ODUJHWXUNH\VDQGURDVWVZH
UHFRPPHQGXVLQJWKHSUREH
LQFOXGHGLQWKHFRQYHFWLRQRYHQ
8VLQJWKHFRQYHFWLRQRYHQRQVRPHPRGHOV
,I\RXUPRGHOKDVDGRRUODWFKGRQRWORFNWKHRYHQGRRUZLWKWKHODWFKGXULQJFRQYHFWLRQFRRNLQJ7KHODWFKLVXVHGIRU
VHOIFOHDQLQJRQO\

&RQYHFWLRQ5RDVWLQJ*XLGH6XJJHVWHG6HWWLQJV
*($SSOLDQFHVFRP
0HDWV
2YHQ
7HPS
,QWHUQDO
7HPS
%HHI 5LE5RDVWOEV
%RQH,QDQG%RQHOHVV
5DUH Û) Û)
0HGLXP Û) Û)
%HHI7HQGHUORLQOEV 5DUH Û) Û)
%HHI7HQGHUORLQOEV 5DUH Û) Û)
3RUN %RQH,Q%RQHOHVVOEV Û) Û)
/DPE %RQH,QOEV 0HGLXP Û) Û)
%RQHOHVVOEV 0HGLXP Û) Û)
3RXOWU\ :KROH&KLFNHQOEV Û) Û)
7XUNH\:KROH
8QVWXIIHGWROEV
8QVWXIIHGWROEV
Û)
Û)
Û)
Û)
7XUNH\%UHDVWWROEV Û) Û)
6WXIIHGELUGVJHQHUDOO\UHTXLUHPLQXWHVDGGLWLRQDOURDVWLQJWLPH6KLHOGOHJVDQGEUHDVWZLWKIRLOWRSUHYHQW
RYHUEURZQLQJDQGGU\LQJRIVNLQ

8VLQJWKHWLPHGFRQYHFWLRQEDNLQJIHDWXUHVRQVRPHPRGHOV
<RXZLOOKHDUDIDQZKLOHFRRNLQJZLWKWKLVIHDWXUH7KHIDQZLOOVWRSZKHQWKHGRRULVRSHQHGEXWWKHKHDWZLOOQRWWXUQRII
127()RRGVWKDWVSRLOHDVLO\³VXFKDVPLONHJJVILVKVWXIILQJVSRXOWU\DQGSRUN³VKRXOGQRWEHDOORZHGWRVLWIRUPRUH
WKDQKRXUEHIRUHRUDIWHUFRRNLQJ5RRPWHPSHUDWXUHSURPRWHVWKHJURZWKRIKDUPIXOEDFWHULD%HVXUHWKDWWKHRYHQ
OLJKWLVRIIEHFDXVHKHDWIURPWKHEXOEZLOOVSHHGKDUPIXOEDFWHULDJURZWK
+RZWR6HWDQ,PPHGLDWH6WDUWDQG$XWRPDWLF6WRS
7KHXSSHURYHQZLOOWXUQRQLPPHGLDWHO\DQGFRRN
IRUDVHOHFWHGOHQJWKRIWLPH$WWKHHQGRIWKH
FRRNLQJWLPHWKHRYHQZLOOWXUQRIIDXWRPDWLFDOO\
7RXFKWKH&RQYHFWLRQ%DNH SDG
7RXFKWKHQXPEHUSDGVWRVHWWKHGHVLUHGRYHQ
WHPSHUDWXUH
7RXFKWKH&RRNLQJ7LPH SDG
127(,I\RXUUHFLSHUHTXLUHVSUHKHDWLQJ\RXPD\
QHHGWRDGGDGGLWLRQDOWLPHWRWKHOHQJWKRIWKH
FRRNLQJWLPH
7RXFKWKHQXPEHUSDGVWRVHWWKHGHVLUHG
OHQJWKRIFRRNLQJWLPH7KHPLQLPXPFRRNLQJ
WLPH\RXFDQVHWLVPLQXWH
7KHRYHQWHPSHUDWXUHWKDW\RXVHWDQGWKH
FRRNLQJWLPHWKDW\RXHQWHUHGZLOOEHLQWKH
GLVSOD\
7RXFKWKH6WDUW SDG
7KHRYHQZLOOWXUQ21DQGWKHGLVSOD\ZLOOVKRZ
WKHFRRNLQJWLPHFRXQWGRZQDQGWKHFKDQJLQJ
WHPSHUDWXUHVWDUWLQJDW)7KHWHPSHUDWXUH
GLVSOD\ZLOOVWDUWWRFKDQJHRQFHWKHRYHQWHPSHUDWXUH
UHDFKHV):KHQWKHRYHQUHDFKHVWKH
WHPSHUDWXUH\RXVHWEHHSVZLOOVRXQG
7KHRYHQZLOOFRQWLQXHWRFRRNIRUWKHVHWDPRXQW
RIWLPHWKHQWXUQRIIDXWRPDWLFDOO\XQOHVVWKH&RRN
DQG+ROGIHDWXUHZDVVHW6HHWKH6SHFLDOIHDWXUHVRI
\RXURYHQFRQWUROVHFWLRQ
$IWHUWKHRYHQWXUQVRIIWKHHQGRIF\FOHWRQH
ZLOOVRXQG
7RXFKWKH&OHDU2IISDGWRFOHDUWKHGLVSOD\LI
QHFHVVDU\5HPRYHWKHIRRGIURPWKHRYHQ
5HPHPEHUHYHQWKRXJKWKHRYHQWXUQVRII
DXWRPDWLFDOO\IRRGOHIWLQWKHRYHQZLOO
FRQWLQXHFRRNLQJDIWHUWKHRYHQWXUQVRII
+RZWR6HWD'HOD\HG6WDUWDQG$XWRPDWLF6WRS
7KHXSSHURYHQZLOOWXUQRQDWWKHWLPHRIGD\\RX
VHWFRRNIRUDVSHFLILFOHQJWKRIWLPHDQGWKHQWXUQ
RIIDXWRPDWLFDOO\
0DNHVXUHWKHFORFNVKRZVWKHFRUUHFWWLPH
RIGD\
7RXFKWKH&RQYHFWLRQ%DNH SDG
7RXFKWKHQXPEHUSDGVWRVHWWKHGHVLUHGRYHQ
WHPSHUDWXUH
7RXFKWKH&RRNLQJ7LPH SDG
127(,I\RXUUHFLSHUHTXLUHVSUHKHDWLQJ\RXPD\
QHHGWRDGGDGGLWLRQDOWLPHWRWKHOHQJWKRIWKH
FRRNLQJWLPH
7RXFKWKHQXPEHUSDGVWRVHWWKHGHVLUHG
OHQJWKRIFRRNLQJWLPH7KHPLQLPXPFRRNLQJ
WLPH\RXFDQVHWLVPLQXWH
7KHRYHQWHPSHUDWXUHWKDW\RXVHWDQGWKH
FRRNLQJWLPHWKDW\RXHQWHUHGZLOOEHLQWKH
GLVSOD\
7RXFKWKH'HOD\6WDUWSDG
7RXFKWKHQXPEHUSDGVWRVHWWKHWLPHRIGD\
\RXZDQWWKHRYHQWRWXUQRQDQGVWDUWFRRNLQJ
7RXFKWKH6WDUW SDG
127(,I\RXZRXOGOLNHWRFKHFNWKHWLPHV\RXKDYH
VHWWRXFKWKH'HOD\6WDUWSDGWRFKHFNWKHVWDUWWLPH
\RXKDYHVHWRUWRXFKWKH&RRNLQJ7LPH SDGWRFKHFN
WKHOHQJWKRIFRRNLQJWLPH\RXKDYHVHW
:KHQWKHRYHQWXUQV21DWWKHWLPHRIGD\\RXVHW
WKHGLVSOD\ZLOOVKRZWKHFRRNLQJWLPHFRXQWGRZQ
DQGWKHFKDQJLQJWHPSHUDWXUHVWDUWLQJDW)
7KHWHPSHUDWXUHGLVSOD\ZLOOVWDUWWRFKDQJHRQFH
WKHRYHQWHPSHUDWXUHUHDFKHV):KHQWKH
RYHQUHDFKHVWKHWHPSHUDWXUH\RXVHWEHHSVZLOO
VRXQG
7KHRYHQZLOOFRQWLQXHWRFRRNIRUWKHVHWDPRXQW
RIWLPHWKHQWXUQRIIDXWRPDWLFDOO\XQOHVVWKH&RRN
DQG+ROGIHDWXUHZDVVHW6HHWKH6SHFLDOIHDWXUHVRI
\RXURYHQFRQWUROVHFWLRQ
$IWHUWKHRYHQWXUQVRIIWKHHQGRIF\FOHWRQHZLOO
VRXQG
7RXFKWKH&OHDU2IISDGWRFOHDUWKHGLVSOD\LI
QHFHVVDU\5HPRYHWKHIRRGIURPWKHRYHQ
5HPHPEHUHYHQWKRXJKWKHRYHQWXUQVRII
DXWRPDWLFDOO\IRRGOHIWLQWKHRYHQZLOOFRQWLQXH
FRRNLQJDIWHUWKHRYHQWXUQVRII

<RXUQHZWRXFKSDGFRQWUROKDVDGGLWLRQDOIHDWXUHVWKDW\RXPD\FKRRVHWRXVH7KHIROORZLQJDUHWKHIHDWXUHVDQGKRZ
\RXPD\DFWLYDWHWKHP
7KHVSHFLDOIHDWXUHPRGHVFDQRQO\EHDFWLYDWHGZKLOHWKHGLVSOD\LVVKRZLQJWKHWLPHRIGD\7KH\UHPDLQLQWKHFRQWURO·V
PHPRU\XQWLOWKHVWHSVDUHUHSHDWHG
:KHQWKHGLVSOD\VKRZV\RXUFKRLFHWRXFKWKH6WDUWSDG7KHVSHFLDOIHDWXUHVZLOOUHPDLQLQPHPRU\DIWHUDSRZHUIDLOXUH
+RXU6KXW2II
:LWKWKLVIHDWXUHVKRXOG\RXIRUJHWDQGOHDYHWKH
RYHQRQWKHFRQWUROZLOODXWRPDWLFDOO\WXUQRIIWKH
RYHQDIWHUKRXUVGXULQJEDNLQJIXQFWLRQVRU
DIWHUKRXUVGXULQJDEURLOIXQFWLRQ
,I\RXZLVKWRWXUQ2)) WKLVIHDWXUHIROORZWKH
VWHSVEHORZ
7RXFKWKH%DNH DQG%URLO+L/R SDGVDW
WKHVDPHWLPHIRUVHFRQGVXQWLOWKH
GLVSOD\VKRZV6)
7RXFKWKH'HOD\6WDUW SDG7KHGLVSOD\
ZLOOVKRZVKGQKRXUVKXWRII7RXFK
WKH'HOD\6WDUWSDGDJDLQDQGWKHGLVSOD\
ZLOOVKRZQRVKGQQRVKXWRII
7RXFKWKH6WDUW SDGWRDFWLYDWHWKHQR
VKXWRIIDQGOHDYHWKHFRQWUROVHWLQWKLV
VSHFLDOIHDWXUHVPRGH
)DKUHQKHLWRU&HOVLXV7HPSHUDWXUH6HOHFWLRQ
<RXURYHQFRQWUROLVVHWWRXVHWKH)DKUHQKHLW
WHPSHUDWXUHVHOHFWLRQVEXW\RXPD\FKDQJH
WKLVWRXVHWKH&HOVLXVVHOHFWLRQV
7RXFKWKH%DNH DQG%URLO+L/R SDGVDW
WKHVDPHWLPHIRUVHFRQGVXQWLOWKH
GLVSOD\VKRZV6)
7RXFKWKH%URLO+L/R DQG&RRNLQJ7LPH
SDGVDWWKHVDPHWLPH7KHGLVSOD\ZLOO
VKRZ) )DKUHQKHLW
7RXFKWKH%URLO+L/R DQG&RRNLQJ7LPH
SDGVDJDLQDWWKHVDPHWLPH
7KHGLVSOD\ZLOOVKRZ&&HOVLXV
7RXFKWKH6WDUW SDG
6SHFLDOIHDWXUHVRI\RXUXSSHURYHQFRQWURO *($SSOLDQFHVFRP
$WWKHHQGRIDWLPHGF\FOHVKRUWEHHSVZLOO
VRXQGIROORZHGE\RQHEHHSHYHU\VHFRQGV
XQWLOWKH&OHDU2IISDGLVWRXFKHG7KLV
FRQWLQXDOVHFRQGEHHSPD\EHFDQFHOHG
7RFDQFHOWKHVHFRQGEHHS
7RXFKWKH%DNH DQG%URLO+L/R SDGVDW
WKHVDPHWLPHIRUVHFRQGVXQWLOWKH
GLVSOD\VKRZV6)
7RXFKWKH.LWFKHQ7LPHU2Q2II SDG7KH
GLVSOD\VKRZV&21%((3FRQWLQXDOEHHS
DQG%((37RXFKWKH.LWFKHQ7LPHU2Q
2IISDGDJDLQ7KHGLVSOD\VKRZV%HHS
7KLVFDQFHOVWKHRQHEHHSHYHU\
VHFRQGV
7RXFKWKH6WDUW SDG
7KLVIHDWXUHDOORZV\RXWRDGMXVWWKHWRQH
YROXPHVWRDPRUHDFFHSWDEOHYROXPH7KHUH
DUHWKUHHSRVVLEOHYROXPHOHYHOV
7RXFKWKHXSSHURYHQ%URLO+L/RDQG
%DNHSDGVDWWKHVDPHWLPHXQWLOWKH
GLVSOD\VKRZV6)
7RXFKWKH&RRN7LPHSDG7KHGLVSOD\
VKRZV%HHS7KLVLVWKHPLGGOHYROXPH
OHYHO
7RXFKWKH&RRN7LPHSDGDJDLQ7KH
GLVSOD\ZLOOVKRZ%HHS7KLVLVWKHORXGHVW
YROXPHOHYHO
7RXFKWKH&RRN7LPHSDGDJDLQ7KH
GLVSOD\ZLOOVKRZ%HHS7KLVLVWKHTXLHWHVW
YROXPHOHYHO
&KRRVHWKHGHVLUHGVRXQGOHYHO%HHS
%HHS%HHS
7RXFKWKH6WDUW SDG
7RQHVDWWKH(QGRID7LPHG&\FOH
7RQH9ROXPH
RQVRPHPRGHOV

6SHFLDOIHDWXUHVRI\RXUXSSHURYHQFRQWURO
+RXU+RXURU&ORFN%ODFNRXW
<RXUFRQWUROLVVHWWRXVHDKRXUFORFN
,I\RXZRXOGSUHIHUWRKDYHDKRXUPLOLWDU\
WLPHFORFNRUEODFNRXWWKHFORFNGLVSOD\IROORZ
WKHVWHSVEHORZ
7RXFKWKH%DNH DQG%URLO+L/R SDGVDW
WKHVDPHWLPHIRUVHFRQGVXQWLOWKH
GLVSOD\VKRZV6)
7RXFKWKH&ORFNSDGRQFH7KHGLVSOD\
ZLOOVKRZKU ,IWKLVLVWKHFKRLFH\RX
ZDQWWRXFKWKH6WDUW SDG
7RXFKWKH&ORFN SDGDJDLQWRFKDQJHWRWKH
KRXUPLOLWDU\WLPHFORFN7KHGLVSOD\ZLOO
VKRZKU ,IWKLVLVWKHFKRLFH\RXZDQW
WRXFKWKH6WDUW SDG
7RXFKWKH&ORFN SDGDJDLQWREODFNRXWWKH
FORFNGLVSOD\7KHGLVSOD\ZLOOVKRZ2)) ,IWKLV
LVWKHFKRLFH\RXZDQWWRXFKWKH6WDUW SDG
127(,IWKHFORFNLVLQWKHEODFNRXWPRGH\RX
ZLOOQRWEHDEOHWRXVHWKH'HOD\6WDUWIXQFWLRQ
&RQWURO/RFNRXWRQVRPHPRGHOV
<RXUFRQWUROZLOODOORZ\RXWRORFNRXWWKH
WRXFKSDGVVRWKH\FDQQRWEHDFWLYDWHGZKHQ
WRXFKHGRUFOHDQLQJWKHJODVVSDQHO
7RORFNWKHFRQWUROV
7RXFKWKH DQG WRXFKSDGVDWWKH
VDPHWLPHIRUVHFRQGVXQWLOWKHFRQWURO
EHHSVWZLFH7KHGLVSOD\ZLOOVKRZ/2&
FRQWLQXRXVO\DQGWKHWLPHRIGD\LIQRW
EODFNHGRXW
127($OOFRRNLQJDQGWLPLQJIXQFWLRQVZLOOEH
FDQFHOOHGZKHQORFNLQJRXWWKHFRQWURO
7RXQORFNWKHFRQWUROWRXFKWKH DQG
WRXFKSDGVDWWKHVDPHWLPHIRU
VHFRQGVXQWLOWKHFRQWUROEHHSVWZLFH
DQG/2&ZLOOEHUHPRYHGIURPWKH
GLVSOD\
127(6RPHPRGHOVKDYHD&RQWURO/RFNRXW
SDG7RXFKDQGKROGLWIRUVHFRQGVWRORFN
XQORFN
*DV&RQWURO/RFNRXWRQVRPHPRGHOV
<RXUFRQWUROZLOODOORZ\RXWRORFNRXWWKH
VXUIDFHEXUQHUVRYHQEXUQHUVDQGFRQWURO
SDQHOVRWKH\FDQQRWEHDFWLYDWHG
7RORFNXQORFNWKHFRQWUROV
7XUQDOOVXUIDFHEXUQHUVRII
7RXFKDQGKROGWKH*DV&RQWURO/RFNRXW
SDGIRUVHFRQGVXQWLOWKHGLVSOD\VKRZV
/2&21
7RXQORFNWKHFRQWUROWRXFKDQGKROGWKH
*DV&RQWURO/RFNRXWSDGIRUVHFRQGV
XQWLOWKHGLVSOD\VKRZV/2&2))
:KHQWKLVIHDWXUHLVRQDQGWKHWRXFKSDGV
DUHWRXFKHGWKHFRQWUROZLOOEHHSDQGWKH
GLVSOD\ZLOOVKRZ/2&21
7KHFRQWUROORFNRXWPRGHDIIHFWVDOOFRQWUROV
1RFRQWUROVZLOOZRUNZKHQWKLVIHDWXUHLV
DFWLYDWHG
7KHDGMXVWPHQWZLOOEHUHWDLQHGLQPHPRU\
DIWHUDSRZHUIDLOXUH
GAS
/
CONTROL
LOCKOUT
&RRNDQG+ROG
<RXUQHZFRQWUROKDVDFRRNDQGKROGIHDWXUH
WKDWNHHSVFRRNHGIRRGVZDUPIRUXSWR
KRXUVDIWHUWKHFRRNLQJIXQFWLRQLVILQLVKHG
7KLVIHDWXUHFDQRQO\EHXVHGZKHQWLPHG
FRRNLQJ
7RDFWLYDWHWKLVIHDWXUHIROORZWKHVWHSVEHORZ
7RXFKWKH%DNH DQG%URLO+L/R SDGV
DWWKHVDPHWLPHIRUVHFRQGVXQWLOWKH
GLVSOD\VKRZV6)
7RXFKWKH&RRNLQJ7LPH SDG7KHGLVSOD\
ZLOOVKRZ+OG2))
7RXFKWKH&RRNLQJ7LPH SDGDJDLQWR
DFWLYDWHWKHIHDWXUH7KHGLVSOD\ZLOOVKRZ
+OG21
7RXFKWKH6WDUW SDGWRDFWLYDWHWKHFRRN
DQGKROGIHDWXUHDQGOHDYHWKHFRQWUROVHW
LQWKLVVSHFLDOIHDWXUHVPRGH

7KH6DEEDWKIHDWXUHFDQEHXVHGIRUEDNLQJURDVWLQJLQWKHXSSHUDQGORZHURYHQRUEDNLQJGUDZHULQVRPHPRGHOV,W
FDQQRWEHXVHGIRUFRQYHFWLRQEURLOLQJVHOIFOHDQLQJRU'HOD\6WDUWFRRNLQJ
127(7KHRYHQOLJKWFRPHVRQDXWRPDWLFDOO\RQVRPHPRGHOVZKHQWKHGRRULVRSHQHGDQGJRHV
RIIZKHQWKHGRRULVFORVHG7KHEXOEPD\EHUHPRYHG6HHWKH2YHQ/LJKW5HSODFHPHQWVHFWLRQ2Q
PRGHOVZLWKDOLJKWVZLWFKRQWKHFRQWUROSDQHOWKHRYHQOLJKWPD\EHWXUQHGRQDQGOHIWRQ
+RZWR6HWIRU5HJXODU%DNLQJ5RDVWLQJ
0DNHVXUHWKHFORFNVKRZVWKHFRUUHFWWLPHRI
GD\DQGWKHRYHQLVRII
3UHVVDQGKROGERWKWKH%DNHDQG%URLO
+L/RSDGVDWWKHVDPHWLPHXQWLOWKH
GLVSOD\VKRZV6)
7DSWKH'HOD\6WDUW SDGXQWLO6$EE$W+
DSSHDUVLQWKHGLVSOD\
7RXFKWKH6WDUW SDGDQGZLOODSSHDULQ
WKHGLVSOD\
7RXFKWKH%DNH SDG1RVLJQDOZLOOEH
JLYHQ
8VLQJWKHQXPEHUSDGVHQWHUWKHGHVLUHG
WHPSHUDWXUHEHWZHHQDQG1R
VLJQDORUWHPSHUDWXUHZLOOEHJLYHQ
7RXFKWKH6WDUW SDG
$IWHUDUDQGRPGHOD\SHULRGRI
DSSUR[LPDWHO\VHFRQGVWRPLQXWH
ZLOODSSHDULQWKHGLVSOD\LQGLFDWLQJ
WKDWWKHRYHQLV
EDNLQJURDVWLQJ
,I
GRHVQ·WDSSHDULQWKHGLVSOD\VWDUWDJDLQ
DW6WHS
7RDGMXVWWKHRYHQWHPSHUDWXUHWRXFKWKH
%DNHSDGHQWHUWKHQHZWHPSHUDWXUHXVLQJWKH
QXPEHUSDGVDQGWRXFKWKH6WDUWSDG
127(7KH&OHDU2IIDQG&RRNLQJ7LPHSDGV
DUHDFWLYHGXULQJWKH6DEEDWKIHDWXUH
+RZWR6HWIRU7LPHG%DNLQJ5RDVWLQJ²,PPHGLDWH6WDUWDQG$XWRPDWLF6WRS
0DNHVXUHWKHFORFNVKRZVWKHFRUUHFWWLPH
RIGD\DQGWKHRYHQLVRII
3UHVVDQGKROGERWKWKH%DNHDQG%URLO
+L/RSDGVDWWKHVDPHWLPHXQWLOWKH
GLVSOD\VKRZV6)
7DSWKH'HOD\6WDUW SDGXQWLO6$EE$W+
DSSHDUVLQWKHGLVSOD\
7RXFKWKH6WDUW SDGDQGZLOODSSHDULQ
WKHGLVSOD\
7RXFKWKH&RRNLQJ7LPHSDG
7RXFKWKHQXPEHUSDGVWRVHWWKHGHVLUHG
OHQJWKRIFRRNLQJWLPHEHWZHHQPLQXWH
DQGKRXUVDQGPLQXWHV7KHFRRNLQJ
WLPHWKDW\RXHQWHUHGZLOOEHGLVSOD\HG
7RXFKWKH6WDUW SDG
7RXFKWKH%DNHSDG1RVLJQDOZLOOEH
JLYHQ
8VLQJWKHQXPEHUSDGVHQWHUWKHGHVLUHG
WHPSHUDWXUH1RVLJQDORUWHPSHUDWXUHZLOO
EHJLYHQ
7RXFKWKH6WDUW SDG
$IWHUDUDQGRPGHOD\SHULRGRI
DSSUR[LPDWHO\VHFRQGVWRPLQXWH
ZLOODSSHDULQWKHGLVSOD\LQGLFDWLQJWKDW
WKHRYHQLV
EDNLQJURDVWLQJ
,IGRHVQ·W
DSSHDULQWKHGLVSOD\VWDUWDJDLQDW6WHS
7RDGMXVWWKHRYHQWHPSHUDWXUHWRXFKWKH
%DNHSDGHQWHUWKHQHZWHPSHUDWXUHXVLQJWKH
QXPEHUSDGVDQGWRXFKWKH6WDUWSDG
:KHQFRRNLQJLVILQLVKHGWKHGLVSOD\ZLOO
FKDQJHIURPWRDQGZLOODSSHDU
LQGLFDWLQJWKDWWKHRYHQKDVWXUQHG2))EXWLV
VWLOOVHWLQ6DEEDWK5HPRYHWKHFRRNHGIRRG
:KHQWKHGLVSOD\VKRZVWKH
RYHQLVVHWLQ6DEEDWK:KHQWKH
GLVSOD\VKRZVWKHRYHQLV
EDNLQJURDVWLQJ
:KHQWKHGLVSOD\VKRZV
WKH
RYHQLVVHWLQ6DEEDWK:KHQWKH
GLVSOD\VKRZVWKHRYHQLV
EDNLQJURDVWLQJ
8VLQJWKH6DEEDWK)HDWXUH
'HVLJQHGIRUXVHRQWKH-HZLVK6DEEDWKDQG+ROLGD\V *($SSOLDQFHVFRP
K
&(57,),('
6$%%$7+
0
2'(

8VLQJWKH6DEEDWK)HDWXUH
'HVLJQHGIRUXVHRQWKH-HZLVK6DEEDWKDQG+ROLGD\V
+RZWR([LWWKH6DEEDWK)HDWXUH
7RXFKWKH&OHDU2IISDG
,IWKHRYHQLVFRRNLQJZDLWIRUDUDQGRP
GHOD\SHULRGRIDSSUR[LPDWHO\VHFRQGV
WRPLQXWHXQWLORQO\LVLQWKHGLVSOD\
3UHVVDQGKROGERWKWKH%DNHDQG%URLO
+L/RSDGVDWWKHVDPHWLPHXQWLOWKH
GLVSOD\VKRZV6)
7DSWKH'HOD\6WDUW SDGXQWLOVKGQRU
QRVKGQDSSHDUVLQWKHGLVSOD\VKGQ
LQGLFDWHVWKDWWKHRYHQZLOODXWRPDWLFDOO\
WXUQRIIDIWHUKRXUVQRVKGQLQGLFDWHV
WKDWWKHRYHQZLOOQRWDXWRPDWLFDOO\WXUQ
RII
7RXFKWKH6WDUW SDG
127(,IDSRZHURXWDJHRFFXUUHGZKLOH
WKHRYHQZDVLQ6DEEDWKWKHRYHQZLOO
DXWRPDWLFDOO\WXUQRIIDQGVWD\RIIHYHQZKHQ
WKHSRZHUUHWXUQV7KHRYHQFRQWUROPXVWEH
UHVHW
<RXPD\ILQGWKDW\RXUQHZRYHQFRRNVGLIIHUHQWO\WKDQWKHRQHLWUHSODFHG8VH\RXUQHZRYHQIRUDIHZZHHNVWREHFRPH
PRUHIDPLOLDUZLWKLW,I\RXVWLOOWKLQN\RXUQHZRYHQLVWRRKRWRUWRRFROG\RXFDQDGMXVWWKHWKHUPRVWDW\RXUVHOI
'RQRWXVHWKHUPRPHWHUVVXFKDVWKRVHIRXQGLQJURFHU\VWRUHVWRFKHFNWKHWHPSHUDWXUHVHWWLQJRI\RXURYHQ7KHVH
WKHUPRPHWHUVPD\YDU\²GHJUHHV
127(7KLVDGMXVWPHQWZLOOQRWDIIHFWWKHEURLOLQJRUWKHVHOIFOHDQLQJWHPSHUDWXUHV7KHDGMXVWPHQWZLOOEHUHWDLQHGLQ
PHPRU\DIWHUDSRZHUIDLOXUH
7R$GMXVWWKH7KHUPRVWDW
7RXFKWKH%DNH DQG%URLO+L/R SDGVDW
WKHVDPHWLPHIRUVHFRQGVXQWLOWKH
GLVSOD\VKRZV6)
7RXFKWKH%DNH SDG$WZRGLJLWQXPEHU
VKRZVLQWKHGLVSOD\
7RXFK%DNH RQFHWRGHFUHDVHWKHRYHQ
WHPSHUDWXUHRUWZLFHWRLQFUHDVH
7KHRYHQWHPSHUDWXUHFDQEHDGMXVWHGXS
DVPXFKDV)RUGRZQDVPXFKDV
)7RXFKWKHQXPEHUSDGVWKHVDPH
ZD\\RXUHDGWKHP)RUH[DPSOHWR
FKDQJHWKHRYHQWHPSHUDWXUH)WRXFK
DQG
:KHQ\RXKDYHPDGHWKHDGMXVWPHQW
WRXFKWKH6WDUW SDGWRJREDFNWRWKHWLPH
RIGD\GLVSOD\8VH\RXURYHQDV\RX
ZRXOGQRUPDOO\
127(7KHWKHUPRVWDWDGMXVWPHQWIRU%DNLQJZLOO
DOVRDIIHFW&RQYHFWLRQ%DNLQJRU&RQYHFWLRQ
5RDVWLQJ
$GMXVWWKHXSSHURYHQWKHUPRVWDW³'RLW\RXUVHOI
0RVWUHFLSHVIRUEDNLQJKDYHEHHQGHYHORSHGXVLQJKLJKIDWSURGXFWVVXFKDVEXWWHURUPDUJDULQHIDW,I\RX
GHFUHDVHWKHIDWWKHUHFLSHPD\QRWJLYHWKHVDPHUHVXOWVDVZLWKDKLJKHUIDWSURGXFW
5HFLSHIDLOXUHFDQUHVXOWLIFDNHVSLHVSDVWULHVFRRNLHVRUFDQGLHVDUHPDGHZLWKORZIDWVSUHDGV7KHORZHUWKHIDWFRQWHQW
RIDVSUHDGSURGXFWWKHPRUHQRWLFHDEOHWKHVHGLIIHUHQFHVEHFRPH
)HGHUDOVWDQGDUGVUHTXLUHSURGXFWVODEHOHG´PDUJDULQHµWRFRQWDLQDWOHDVWIDWE\ZHLJKW/RZIDWVSUHDGVRQWKHRWKHUKDQG
FRQWDLQOHVVIDWDQGPRUHZDWHU7KHKLJKPRLVWXUHFRQWHQWRIWKHVHVSUHDGVDIIHFWVWKHWH[WXUHDQGIODYRURIEDNHGJRRGV)RUEHVW
UHVXOWVZLWK\RXUROGIDYRULWHUHFLSHVXVHPDUJDULQHEXWWHURUVWLFNVSUHDGVFRQWDLQLQJDWOHDVWYHJHWDEOHRLO
7KHW\SHRIPDUJDULQHZLOODIIHFWEDNLQJSHUIRUPDQFH

:$51,1*)22'32,621+$=$5'%DFWHULDPD\JURZLQIRRGWHPSHUDWXUHVEHORZ)
$OZD\VVWDUWZLWKKRWIRRG'RQRWXVH:$50VHWWLQJVWRKHDWFROGIRRG
'RQRWZDUPIRRGIRUPRUHWKDQKRXUV
7KHZDUPLQJGUDZHUZLOONHHSKRWFRRNHGIRRGVDWVHUYLQJWHPSHUDWXUH$OZD\VVWDUWZLWKKRWIRRG'RQRWXVHWR
KHDWFROGIRRGRWKHUWKDQFULVSLQJFUDFNHUVFKLSVRUGU\FHUHDO)DLOXUHWRIROORZWKHVHLQVWUXFWLRQVPD\UHVXOWLQ
IRRGERUQHLOOQHVV
7R8VHWKH:DUPLQJ'UDZHU
7RXFKWKH:DUPLQJ'UDZHU SDG´:DUPµ
DQG´µDUHOLWRQWKHGLVSOD\DQG´6HWµ
EHJLQVWREOLQN
2QWKHQXPEHUSDGSUHVVIRU/RZIRU
0HGLXPRUIRU+LJK
7KHGLVSOD\´µFKDQJHVFRUUHVSRQGLQJWR
WKHQXPEHUSDGVHOHFWHG
7RXFKWKH6WDUW SDG
´:DUPµDQGWKHQXPEHUUHPDLQOLW´6HWµ
VWRSVEOLQNLQJ
7RFDQFHOWRXFKWKH:DUPLQJ'UDZHUSDG
127(7RXFKLQJWKH&OHDU2IISDGGRHVQRWWXUQ
WKHZDUPLQJGUDZHURII
127(6
7KHZDUPLQJGUDZHUFDQQRWEHXVHGGXULQJD
VHOIFOHDQF\FOH
7KHZDUPLQJGUDZHUKDVWKUHHVHWWLQJVDQG
7KHVHVHWWLQJVPDLQWDLQGLIIHUHQWWHPSHUDWXUH
OHYHOVLQWKHZDUPLQJGUDZHU
2QVRPHPRGHOVLIXVLQJWKHRYHQDWWKHVDPH
WLPHDVWKHZDUPLQJGUDZHURQO\WKHRYHQ
VHWWLQJVZLOOEHGLVSOD\HG
8VLQJWKHHOHFWULFZDUPLQJGUDZHURQVRPHPRGHOV *($SSOLDQFHVFRP
1XPEHU3DG 6HWWLQJ
/RSLHV
0HGFDVVHUROHV
+LPHDWV

:KHQ8VLQJWKH:DUPLQJ'UDZHU
7HPSHUDWXUH6HOHFWLRQ&KDUW
7R&ULVS6WDOH,WHPV
7R:DUP6HUYLQJ%RZOVDQG3ODWHV
7KHZDUPLQJGUDZHUZLOONHHSKRWFRRNHG
IRRGVDWVHUYLQJWHPSHUDWXUH$OZD\VVWDUWZLWK
KRWIRRG'RQRWXVHWRKHDWFROGIRRGRWKHU
WKDQFULVSLQJFUDFNHUVFKLSVRUGU\FHUHDO
$OORZDSSUR[LPDWHO\PLQXWHVIRUWKH
ZDUPLQJGUDZHUWRSUHKHDW
'RQRWSXWOLTXLGRUZDWHULQWKHZDUPLQJ
GUDZHU
$OOIRRGVSODFHGLQWKHZDUPLQJGUDZHU
VKRXOGEHFRYHUHGZLWKDOLGRUDOXPLQXP
IRLO:KHQZDUPLQJSDVWULHVRUEUHDGVWKH
FRYHUVKRXOGEHYHQWHGWRDOORZPRLVWXUH
WRHVFDSH
)RRGVKRXOGEHNHSWKRWLQLWVFRRNLQJ
FRQWDLQHURUWUDQVIHUUHGWRDKHDWVDIH
VHUYLQJGLVK
127(3ODVWLFFRQWDLQHUVRUSODVWLFZUDSZLOO
PHOWLILQGLUHFWFRQWDFWZLWKWKHGUDZHUSDQ
RUDKRWXWHQVLO0HOWHGSODVWLFPD\QRWEH
UHPRYDEOHDQGLVQRWFRYHUHGXQGHU\RXU
ZDUUDQW\
5HPRYHVHUYLQJVSRRQVHWFEHIRUHSODFLQJ
FRQWDLQHUVLQZDUPLQJGUDZHU
7RNHHSVHYHUDOGLIIHUHQWIRRGVKRWVHWWKH
FRQWUROWRWKHIRRGQHHGLQJWKHKLJKHVWVHWWLQJ
7KHWHPSHUDWXUHW\SHDQGDPRXQWRIIRRG
DQGWKHWLPHKHOGZLOODIIHFWWKHTXDOLW\RIWKH
IRRG
5HSHDWHGRSHQLQJRIWKHGUDZHUDOORZVWKH
KRWDLUWRHVFDSHDQGWKHIRRGWRFRRO
:LWKODUJHORDGVLWPD\EHQHFHVVDU\WRXVH
DKLJKHUZDUPLQJGUDZHUVHWWLQJDQGFRYHU
VRPHRIWKHFRRNHGIRRGLWHPV
'RQRWXVHSODVWLFFRQWDLQHUVRUSODVWLFZUDS
3ODFHIRRGLQORZVLGHGGLVKHVRUSDQV
3UHKHDWRQ/2VHWWLQJ
&KHFNFULVSQHVVDIWHUPLQXWHV$GGWLPH
DVQHHGHG
7RZDUPVHUYLQJERZOVDQGSODWHVVHWWKH
FRQWURORQ/2
&$87,21
'LVKHVZLOOEHKRW8VHSRWKROGHUVRUPLWWV
ZKHQUHPRYLQJKRWGLVKHV
8VHRQO\KHDWVDIHGLVKHV
,I\RXZDQWWRKHDWILQHFKLQDSOHDVHFKHFN
ZLWKWKHPDQXIDFWXUHURIWKHGLVKHVIRUWKHLU
PD[LPXPKHDWWROHUDQFH
<RXPD\ZDUPHPSW\VHUYLQJGLVKHVZKLOH
SUHKHDWLQJWKHGUDZHU
8VLQJWKHHOHFWULFZDUPLQJGUDZHURQVRPHPRGHOV
)22'7<3( &21752/
6(77,1*
&DVVHUROH 0('
&KLOL +,
3L]]D 0('
3RWDWRHVEDNHG +,
7RUWLOOD&KLSV /2
:DIIOHV /2

8VLQJWKHORZHURYHQGUDZHURQVRPHPRGHOV *($SSOLDQFHVFRP
7R8VHWKH/RZHU2YHQ'UDZHU
3XVKLQDQGWXUQWKHORZHURYHQGUDZHU
NQREWRDQ\GHVLUHGVHWWLQJ
$ O O R Z W K H O R ZHURYHQGUDZHUWRSUHKHDW
7KH21VLJQDOOLJKWLVORFDWHGRQWKHXSSHU
ULJKWVLGHRIWKHNQREDQGJORZVZKHQWKH
NQRELVLQWKH21SRVLWLRQ,WUHPDLQV21XQWLO
WKHNQRELVPRYHGWRWKH2))SRVLWLRQ
7KH´+HDWLQJµVLJQDOOLJKWLVORFDWHGEHORZWKH
21VLJQDOOLJKWDQGJORZVZKHQWKHKHDWLQJ
HOHPHQWVDUHDFWLYH3UHKHDWLVFRPSOHWH
DIWHUWKH´+HDWLQJµVLJQDOKDVWXUQHGRIIIRU
WKHILUVWWLPHHDFKXVH
127(6
$OZD\VXVHWKHLQFOXGHGGUDZHUUDFNZKHQ
XVLQJWKHORZHURYHQGUDZHU
7KHORZHURYHQGUDZHUFDQQRWEHXVHG
GXULQJDVHOIFOHDQF\FOHRIWKHXSSHURYHQ
'RQRWSXWIRRGIRLORUFRRNZDUHGLUHFWO\RQ
WKHERWWRPRIWKHORZHURYHQGUDZHU$OZD\V
XVHWKHLQFOXGHGGUDZHUUDFN
,IIRRGVUHTXLUHDFRYHUXVHRQO\IRLORUOLGV
DEOHWRZLWKVWDQGEDNLQJWHPSHUDWXUHV
'RQRWXVHSODVWLF
0D[LPXPKHLJKWRIIRRGVWKDWFDQEHSODFHG
LQWKHORZHURYHQGUDZHULV
'RQRWSXWOLTXLGRUZDWHULQWKHORZHURYHQ
GUDZHU
1HYHUSODFHSODVWLFVSDSHUFDQQHGIRRGV
RUFRPEXVWLEOHPDWHULDOLQWKHORZHURYHQ
GUDZHU
7KHORZHURYHQGUDZHUPD\EHXVHGWREDNHIRRGVXVLQJWKHVDPHWLPHVDQGWHPSHUDWXUHVDVDVWDQGDUGRYHQ)RRGV
LGHDOIRUEDNLQJLQWKHORZHURYHQGUDZHULQFOXGHSL]]DIUR]HQIRRGVFDVVHUROHVELVFXLWVUROOVDQGPDQ\GHVVHUWV
3XVKLQDQGWXUQWKHORZHU
RYHQGUDZHUNQREWRDQ\GHVLUHG
VHWWLQJ
:KHQ8VLQJWKH/RZHU2YHQ'UDZHU:DUP6HWWLQJ
7KH:$50VHWWLQJRIWKHORZHURYHQGUDZHU
ZLOONHHSKRWFRRNHGIRRGVDWVHUYLQJ
WHPSHUDWXUHV$OZD\VVWDUWZLWKKRWIRRG
'RQRWXVHWKH:$50VHWWLQJWRKHDWFROG
IRRGRWKHUWKDQFULVSLQJFUDFNHUVFKLSVRUGU\
FHUHDO
3XVKLQDQGWXUQWKHFRQWURONQREWRWKH:$50
VHWWLQJ
127(7KHEHJLQQLQJWHPSHUDWXUHRIWKH
IRRGWKHDPRXQWRIIRRGWKHW\SHRIIRRGWKH
FRQWDLQHUDQGWKHDPRXQWRIWLPHWKHIRRGLV
LQWKHGUDZHUZLOODIIHFWWKHTXDOLW\DQGHQGLQJ
WHPSHUDWXUHVRIWKHIRRG
7KHORZHURYHQGUDZHUXVHVOHVVHQHUJ\WKDQWKHXSSHURYHQ
$OORZWKHIROORZLQJDSSUR[LPDWHWLPHVIRUSUHKHDWLQJ
'HVLUHG/RZHU 3UHKHDW
2YHQ7HPSHUDWXUH 7LPH
:$50 PLQXWHV
) PLQXWHV
) PLQXWHV

3XOOWKH29(1&21752/NQRERIIWKHUDQJH
DQGORRNDWWKHEDFNVLGH7RPDNHDQ
DGMXVWPHQWORRVHQDSSUR[LPDWHO\RQH
WXUQEXWGRQRWFRPSOHWHO\UHPRYHWKH
WZRVFUHZVRQWKHEDFNRIWKHNQRE
:LWKWKHEDFNRIWKHNQREIDFLQJ\RXKROG
WKHRXWHUHGJHRIWKHNQREZLWKRQHKDQG
DQGWXUQWKHIURQWRIWKHNQREZLWKWKH
RWKHUKDQG
7RUDLVHWKHRYHQWHPSHUDWXUHPRYHWKH
WRSVFUHZWRZDUGWKHULJKW<RX·OOKHDUD
FOLFNIRUHDFKQRWFK\RXPRYHWKHNQRE
7RORZHUWKHWHPSHUDWXUHPRYHWKHWRS
VFUHZWRZDUGWKHOHIW
(DFKFOLFNZLOOFKDQJHWKHRYHQ
WHPSHUDWXUHDSSUR[LPDWHO\)5DQJH
LV)IURPWKHDUURZ:HVXJJHVW
WKDW\RXPDNHWKHDGMXVWPHQWRQHFOLFN
IURPWKHRULJLQDOVHWWLQJDQGFKHFNRYHQ
SHUIRUPDQFHEHIRUHPDNLQJDQ\DGGLWLRQDO
DGMXVWPHQWV
$IWHUWKHDGMXVWPHQWLVPDGHUHWLJKWHQ
VFUHZVVRWKH\DUHVQXJEXWEHFDUHIXOQRW
WRRYHUWLJKWHQ
5HLQVWDOONQRERQUDQJHDQGFKHFN
SHUIRUPDQFH
%DFNRI/RZHU2YHQ.QRE
$SSHDUDQFHPD\YDU\
$GMXVWWKHRYHQWKHUPRVWDW³'RLW\RXUVHOI
T
O
M
A
K
E
O
V
E
N
C
O
O
L
E
R
T
U
R
N
D
I
S
K
A
P
P
R
O
X
.
1
0
˚
F
P
E
R
N
O
T
C
H
T
O
M
A
K
E
O
V
E
N
H
O
T
T
E
R
T
U
R
N
D
I
S
K
T
O
A
D
J
U
S
T
O
V
E
N
T
E
M
P
E
R
A
T
U
R
E
L
O
O
S
E
N
S
C
R
E
W
S
A
N
D
R
O
T
A
T
E

,I\RXUPRGHOKDVDGRRUODWFKQHYHUIRUFHWKHODWFKKDQGOH)RUFLQJWKHKDQGOHZLOOGDPDJHWKHGRRUORFNPHFKDQLVP
7KHRYHQGRRUPXVWEHFORVHGDQGDOOFRQWUROVVHWFRUUHFWO\IRUWKHF\FOHWRZRUNSURSHUO\
%HIRUHD&OHDQ&\FOH
)RUWKHILUVWVHOIFOHDQF\FOHZHUHFRPPHQG
YHQWLQJ\RXUNLWFKHQZLWKDQRSHQZLQGRZRU
XVLQJDYHQWLODWLRQIDQRUKRRG
5HPRYHDQ\EURLOHUSDQEURLOHUJULGDOO
FRRNZDUHSUREHDQGDQ\DOXPLQXPIRLOIURP
WKHRYHQ³WKH\FDQQRWZLWKVWDQGWKHKLJK
FOHDQLQJWHPSHUDWXUHV
127(
,I\RXURYHQLVHTXLSSHGZLWKQLFNHORYHQ
VKHOYHVUHPRYHWKHPEHIRUH\RXEHJLQWKH
VHOIFOHDQF\FOH
,I\RXURYHQLVHTXLSSHGZLWKJUD\
SRUFHODLQFRDWHGRYHQVKHOYHVWKH\PD\EH
OHIWLQWKHRYHQGXULQJWKHVHOIFOHDQF\FOH
6RLORQWKHIURQWIUDPHRIWKHUDQJHDQG
RXWVLGHWKHJDVNHWRQWKHIURQWIUDPHZLOO
QHHGWREHFOHDQHGE\KDQG&OHDQWKHVH
DUHDVZLWKKRWZDWHUVRDSILOOHGVFRXULQJ
SDGVRUFOHDQVHUVVXFKDV6RIW6FUXE
5LQVH
ZHOOZLWKFOHDQZDWHUDQGGU\:LSHRIIWKH
IODWLQQHUGRRUDQGJODVVZLWKVRDS\ZDWHU
DQGVSRQJH
'RQRWFOHDQWKHJDVNHW7KHILEHUJODVV
PDWHULDORIWKHIURQWIUDPHJDVNHWFDQQRW
ZLWKVWDQGDEUDVLRQ,WLVHVVHQWLDOIRUWKH
JDVNHWWRUHPDLQLQWDFW,I\RXQRWLFHLW
EHFRPLQJZRUQRUIUD\HGUHSODFHLW
:LSHXSDQ\KHDY\VSLOORYHUVRQWKHRYHQ
ERWWRP
0DNHVXUHWKHRYHQOLJKWEXOEFRYHULVLQSODFH
DQGWKHRYHQOLJKWLVRII
,03257$17 7KHKHDOWKRIVRPHELUGVLV
H[WUHPHO\VHQVLWLYHWRWKHIXPHVJLYHQRII
GXULQJWKHVHOIFOHDQLQJF\FOHRIDQ\UDQJH
0RYHELUGVWRDQRWKHUZHOOYHQWLODWHGURRP
127( 8VHFDXWLRQZKHQRSHQLQJWKHXSSHU
RYHQDIWHUWKHVHOIFOHDQF\FOHKDVHQGHG7KH
RYHQPD\VWLOOEHKRW
:LSHXSKHDY\VRLORQWKHRYHQ
ERWWRP
+RZWR6HWWKH8SSHU2YHQIRU&OHDQLQJ
2QPRGHOVZLWK*DV&RQWURO/RFNRXW
WRXFKDQGKROGWKH*DV&RQWURO/RFNRXW
SDGIRUVHFRQGVWRWXUQLWRII
127(7KHVXUIDFHEXUQHUVPXVWEHWXUQHGRII
SULRUWRWKHVHOIFOHDQVWDUWWLPH
,I\RXUPRGHOKDVDODWFKODWFKWKHGRRU
7RXFKWKH6HOI&OHDQ SDG
8VLQJWKHQXPEHUSDGVHQWHUWKHGHVLUHG
FOHDQWLPHLIDWLPHRWKHUWKDQKRXUVLV
QHHGHG
&OHDQF\FOHWLPHLVQRUPDOO\KRXUV<RXFDQ
FKDQJHWKHFOHDQWLPHWRDQ\WLPHEHWZHHQ
KRXUVDQGKRXUVGHSHQGLQJRQKRZGLUW\
\RXURYHQLV
7RXFKWKH6WDUW SDG
2QPRGHOVZLWKRXWDGRRUODWFKWKHGRRUORFNV
DXWRPDWLFDOO\7KHGLVSOD\ZLOOVKRZWKHFOHDQ
WLPHUHPDLQLQJ,WZLOOQRWEHSRVVLEOHWRRSHQ
WKHRYHQGRRUXQWLOWKHWHPSHUDWXUHGURSV
EHORZWKHORFNWHPSHUDWXUHDQGWKH/2&.('
'225OLJKWJRHVRII
7KHRYHQVKXWVRIIDXWRPDWLFDOO\ZKHQWKH
FOHDQF\FOHLVFRPSOHWH
:KHQWKH/2&.(''225OLJKWLVRIIVOLGH
WKHODWFKKDQGOHWRWKHOHIWDVIDUDVLWZLOO
JRDQGRSHQWKHGRRU,I\RXUUDQJHGRHV
QRWKDYHDODWFKWKHGRRUZLOOXQORFN
DXWRPDWLFDOO\
7KHZRUGV/2&.'225 ZLOOIODVKDQGWKH
RYHQFRQWUROZLOOVLJQDOLI\RXVHWWKHFOHDQ
F\FOHDQGIRUJHWWRFORVHWKHRYHQGRRURU
IRUJHWWRODWFKWKHGRRURQPRGHOVZLWKD
ODWFK
7RVWRSDFOHDQF\FOHWRXFKWKH&OHDU2II
SDG:KHQWKH/2&.(''225 OLJKWJRHV
RIILQGLFDWLQJWKHRYHQKDVFRROHGEHORZ
WKHORFNLQJWHPSHUDWXUHXQODWFKWKHGRRU
RQPRGHOVZLWKDODWFKDQGRSHQWKHGRRU
8VLQJWKHVHOIFOHDQLQJXSSHURYHQ *($SSOLDQFHVFRP
'2127KDQG
FOHDQJDVNHW2Q
VRPHPRGHOV
WKHJDVNHWLVRQ
WKHLQQHUGRRU
'2KDQGFOHDQ
LQVLGHGRRUIUDPH
DQGJODVV
'2KDQGFOHDQRYHQIUDPH

7KHRYHQGRRUPXVWEHFORVHGDQGDOOFRQWUROVVHWFRUUHFWO\IRUWKHF\FOHWRZRUNSURSHUO\
+RZWR'HOD\WKH6WDUWRI&OHDQLQJ
0DNHVXUHWKHFORFNVKRZVWKHFRUUHFWWLPHRI
GD\
2QPRGHOVZLWK*DV&RQWURO/RFNRXW
WRXFKDQGKROGWKH*DV&RQWURO/RFNRXW
SDGIRUVHFRQGVWRWXUQLWRII
127(7KHVXUIDFHEXUQHUVPXVWEHWXUQHGRII
SULRUWRWKHVHOIFOHDQVWDUWWLPH
,I\RXUPRGHOKDVDODWFKODWFKWKHGRRU
7RXFKWKH6HOI&OHDQ SDG
8VLQJWKHQXPEHUSDGVHQWHUWKHGHVLUHG
FOHDQWLPH
7RXFKWKH'HOD\6WDUW SDG7KHHDUOLHVW
VWDUWWLPH\RXFDQVHWZLOODSSHDULQWKH
GLVSOD\
8VLQJWKHQXPEHUSDGVHQWHUWKHWLPHRI
GD\\RXZDQWWKHFOHDQF\FOHWRVWDUW
7RXFKWKH6WDUW SDG
2QPRGHOVZLWKRXWDGRRUODWFKWKHGRRUORFNV
DXWRPDWLFDOO\7KHGLVSOD\ZLOOVKRZWKHVWDUW
WLPH,WZLOOQRWEHSRVVLEOHWRRSHQWKHRYHQ
GRRUXQWLOWKHWHPSHUDWXUHGURSVEHORZWKH
ORFNWHPSHUDWXUHDQGWKH/2&.(''225 OLJKW
JRHVRII
7KHRYHQVKXWVRIIDXWRPDWLFDOO\ZKHQWKH
FOHDQF\FOHLVFRPSOHWH
:KHQWKH/2&.(''225 OLJKWLVRIIVOLGH
WKHODWFKKDQGOHWRWKHOHIWDVIDUDVLWZLOO
JRDQGRSHQWKHGRRU,I\RXUUDQJHGRHV
QRWKDYHDODWFKWKHGRRUZLOOXQORFN
DXWRPDWLFDOO\
7KHZRUGV/2&.'225ZLOOIODVKDQGWKH
RYHQFRQWUROZLOOVLJQDOLI\RXVHWWKHFOHDQ
F\FOHDQGIRUJHWWRFORVHWKHRYHQGRRURU
IRUJHWWRODWFKWKHGRRURQPRGHOVZLWKD
ODWFK
7RVWRSDFOHDQF\FOHWRXFKWKH&OHDU2II
SDG:KHQWKH/2&.(''225OLJKWJRHV
RIILQGLFDWLQJWKHRYHQKDVFRROHGEHORZWKH
ORFNLQJWHPSHUDWXUHXQODWFKWKHGRRURQ
PRGHOVZLWKDODWFKDQGRSHQWKHGRRU
$IWHUD&OHDQ&\FOH
<RXPD\QRWLFHVRPHZKLWHDVKLQWKHRYHQ
:LSHLWXSZLWKDGDPSFORWKDIWHUWKHRYHQ
FRROV
,IZKLWHVSRWVUHPDLQUHPRYHWKHPZLWKD
VRDSILOOHGVFRXULQJSDGDQGULQVHWKRURXJKO\
ZLWKDYLQHJDUDQGZDWHUPL[WXUH
7KHVHGHSRVLWVDUHXVXDOO\DVDOWUHVLGXHWKDW
FDQQRWEHUHPRYHGE\WKHFOHDQF\FOH
,IWKHRYHQLVQRWFOHDQDIWHURQHFOHDQF\FOH
UHSHDWWKHF\FOH
<RXFDQQRWVHWWKHRYHQIRUFRRNLQJXQWLOWKH
RYHQLVFRROHQRXJKIRUWKHGRRUWRXQORFN
:KLOHWKHRYHQLVVHOIFOHDQLQJ\RXFDQ
WRXFKWKH&ORFN SDGWRGLVSOD\WKHWLPH
RIGD\7RUHWXUQWRWKHFOHDQFRXQWGRZQ
WRXFKWKH&RRNLQJ7LPHSDG
,IWKHVKHOYHVEHFRPHKDUGWRVOLGHDSSO\D
VPDOODPRXQWRIYHJHWDEOHRLORUFRRNLQJRLOWR
DSDSHUWRZHODQGZLSHWKHHGJHVRIWKHRYHQ
VKHOYHVZLWKWKHSDSHUWRZHO
&DUHDQGFOHDQLQJRIWKHUDQJH

*($SSOLDQFHVFRP
%HVXUHHOHFWULFDOSRZHULVRIIDQGDOOVXUIDFHVDUHFRROEHIRUHFOHDQLQJDQ\SDUWRIWKHUDQJH
:$51,1*,I\RXUUDQJHLVUHPRYHGIRUFOHDQLQJVHUYLFLQJRUDQ\UHDVRQEH
VXUHWKHDQWLWLSGHYLFHLVUHHQJDJHGSURSHUO\ZKHQWKHUDQJHLVUHSODFHG)DLOXUHWRWDNH
WKLVSUHFDXWLRQFRXOGUHVXOWLQWLSSLQJRIWKHUD
QJHDQGFDXVHLQMXU\
7RFKHFNLIWKHEUDFNHWLVLQVWDOOHGDQGHQJDJHGSURSHUO\FDUHIXOO\WLSWKHUDQJHIRUZDUG7KH
EUDFNHWVKRXOGVWRSWKHUDQJHZLWKLQLQFKHV,ILWGRHVQRWWKHEUDFNHWPXVWEHUHLQVWDOOHG
,IWKHUDQJHLVSXOOHGIURPWKHZDOOIRUDQ\UHDVRQDOZD\VUHSHDWWKLVSURFHGXUHWRYHULI\WKH
UDQJHLVSURSHUO\VHFXUHGE\WKHDQWLWLSEUDFNHW
,I\RXUUDQJHKDVQRDQWLWLSEUDFNHWFDOOWRUHFHLYHRQHDWQRFRVW
6HDOHG%XUQHU$VVHPEOLHVRQVRPHPRGHOV
7XUQDOOFRQWUROV2)) EHIRUHUHPRYLQJWKH
EXUQHUSDUWV
7KHURXQGVLGHEXUQHUFDSVDQGEXUQHU
KHDGVFDQEHOLIWHGRIIPDNLQJWKHPHDV\WR
FOHDQ7KHHOHFWURGHVDUHQRWUHPRYDEOH
7KHRYDOFHQWHUEXUQHUKHDGDQGFDS
DVVHPEO\FDQEHOLIWHGRIIPDNLQJLWHDV\
WRFOHDQ7KHEXUQHUHOHFWURGHLVQRW
UHPRYDEOH
7KHWULULQJEXUQHULQQHUFDSFDQEHOLIWHG
RIIIRUFOHDQLQJWKHRXWHUFDSDQGEDVH
DVVHPEO\FDQEHOLIWHGRIIWKHFRRNWRSDVRQH
SLHFHIRUFOHDQLQJSXUSRVHV
&$87,21
'RQRWRSHUDWHWKH
FRRNWRSZLWKRXWDOOEXUQHUSDUWVDQGJUDWHV
LQSODFH
7KHHOHFWURGHRIWKHVSDUNLJQLWHULV
H[SRVHGZKHQWKHEXUQHUKHDGLV
UHPRYHG:KHQRQHEXUQHULVWXUQHG
WR/,7( DOOWKHEXUQHUVVSDUN'R
QRWDWWHPSWWRGLVDVVHPEOHRUFOHDQ
DURXQGDQ\EXUQHUZKLOHDQRWKHU
EXUQHULVRQ$QHOHFWULFVKRFNPD\
UHVXOWZKLFKFRXOGFDXVH\RXWRNQRFN
RYHUKRWFRRNZDUH
%XUQHUKHDG
DQGFDS
DVVHPEO\
%XUQHUKHDG
FDSDQG
HOHFWURGH
&HQWHU
JULGGOH
&KHI·V
JULGGOH
(OHFWURGH
6LGHJUDWH
2XWHU
EXUQHU
FDS
,QQHUEXUQHU
FDS
&RRNWRS
7UL5LQJ%XUQHU
RQVRPHPRGHOV
(OHFWURGH
%XUQHU
EDVH
RU
(OHFWURGH
7ULULQJEDVH
RQVRPHPRGHOV
(OHFWURGH
&$87,21
'RQRWUHPRYH
WULULQJRUEULGJHEXUQHUFDSIURPKHDG
7KHWULULQJRUEULGJHEXUQHUKHDGDQGFDS
DVVHPEO\FDQEHOLIWHGRIIPDNLQJLWHDV\WR
FOHDQ7KHHOHFWURGHLVQRWUHPRYDEOH

&DUHDQGFOHDQLQJRIWKHUDQJH
%XUQHU&DSV%DVHVDQG+HDGV
%HIRUHUHPRYLQJWKHEXUQHUFDSVDQGKHDGV
RQVRPHPRGHOVUHPHPEHUWKHLUVL]HDQG
ORFDWLRQ5HSODFHWKHPLQWKHVDPHORFDWLRQ
DIWHUFOHDQLQJ
127('RQRWXVHVWHHOZRRORUVFRXULQJ
SRZGHUVWRFOHDQWKHEXUQHUSDUWV
%XUQHUFDSV
/LIWRIIZKHQFRRO:DVKEXUQHUFDSVLQKRW
VRDS\ZDWHUDQGULQVHZLWKFOHDQZDWHU<RX
PD\VFRXUZLWKDSODVWLFVFRXULQJSDGWR
UHPRYHEXUQHGRQIRRGSDUWLFOHV
7ULULQJEXUQHURQVRPHPRGHOV
7KHRXWHUFDSRQWKHWULULQJEXUQHULVQRW
UHPRYDEOH2QO\WKHFHQWHUURXQGFDSPD\EH
UHPRYHGIRUFOHDQLQJ
7RFOHDQWKHEXUQHUEDVHVXVHVRDS\ZDWHUDQGD
SODVWLFVFRXULQJSDG:LSHFOHDQZLWKDGDPSFORWK
0DNHVXUHWKDWQRZDWHUJHWVLQWRWKHEXUQHU
EDVHV$OORZWKHPWRGU\IXOO\EHIRUHXVLQJ
%XUQHU+HDGVRQVRPHPRGHOVDQG2YDO
&HQWHU%XUQHU+HDG&DS$VVHPEO\
7KHEXUQHUKHDGVDQGWKHRYDOEXUQHUKHDGFDS
DVVHPEO\DUHUHPRYDEOH6LPSO\OLIWWKHPRIIWKH
UDQJHIRUFOHDQLQJ
)RUSURSHULJQLWLRQPDNHVXUHWKHVPDOOKROHLQ
WKHVHFWLRQWKDWILWVRYHUWKHHOHFWURGHLVNHSW
RSHQ$VHZLQJQHHGOHRUZLUHWZLVWWLHZRUNV
ZHOOWRXQFORJLW
7KHVOLWVLQWKHEXUQHUKHDGVPXVWEHNHSWFOHDQ
DWDOOWLPHVIRUDQHYHQXQKDPSHUHGIODPH
&ORJJHGRUGLUW\EXUQHUSRUWVRUHOHFWURGHVZLOO
QRWDOORZWKHEXUQHUWRRSHUDWHSURSHUO\
$Q\VSLOORQRUDURXQGDQHOHFWURGHPXVW
EHFDUHIXOO\FOHDQHG7DNHFDUHWRQRWKLWDQ
HOHFWURGHZLWKDQ\WKLQJKDUGRULWFRXOGEH
GDPDJHG
&OHDQWKHEXUQHUKHDGVURXWLQHO\HVSHFLDOO\
DIWHUEDGVSLOORYHUVZKLFKFRXOGFORJWKH
RSHQLQJV/LIWRIIZKHQFRRO
7RUHPRYHEXUQHGRQIRRGVRDNWKHEXUQHU
KHDGVLQDVROXWLRQRIPLOGOLTXLGGHWHUJHQW
DQGKRWZDWHUIRU²PLQXWHV)RUPRUH
VWXEERUQVWDLQVXVHDWRRWKEUXVK
$IWHUFOHDQLQJ
%HIRUHSXWWLQJWKHEXUQHUFDSVKHDGVRQVRPH
PRGHOVDQGRYDOKHDGFDSDVVHPEO\EDFN
VKDNHRXWH[FHVVZDWHUDQGWKHQGU\WKHP
WKRURXJKO\E\VHWWLQJLQDZDUPRYHQIRU
PLQXWHV
5HSODFHPHQW%XUQHU+HDGVRQVRPHPRGHOV
5HSODFHEXUQHUKHDGVRYHUWKHHOHFWURGHVRQ
WKHFRRNWRSLQWKHFRUUHFWORFDWLRQVDFFRUGLQJ
WRWKHLUVL]H7KHUHLVRQHVPDOORQHPHGLXP
RQHODUJHDQGRQHH[WUDODUJHEXUQHUKHDG
0DNHVXUHWKHVORWRUKROHGHSHQGLQJRQPRGHOLQ
WKHEXUQHUKHDGLVSRVLWLRQHGRYHUWKHHOHFWURGH
2YDO&HQWHU%XUQHU+HDG&DS$VVHPEO\
5HSODFHWKHRYDOFHQWHUKHDGFDSDVVHPEO\RYHU
WKHHOHFWURGHRQWKHFRRNWRS
&DSV
5HSODFHWKHPDWFKLQJVL]HFDSVRQWRWKHEXUQHU
EDVHVRUKHDGV
0DNHVXUHWKDWWKHKHDGVRQVRPHPRGHOVDQG
FDSVDUHUHSODFHGLQWKHFRUUHFWORFDWLRQV
7KHRYDOEXUQHUKHDGFDSDVVHPEO\LV
UHPRYDEOH6LPSO\OLIWLWRIIWKHUDQJHIRU
FOHDQLQJ8VHDVHZLQJQHHGOHRUWZLVWWLH
WRXQFORJWKHVPDOOKROHLQWKHEXUQHU
KHDGV
%XUQHUFDSLV
SURSHUO\VHDWHG
%XUQHUFDSLV
127SURSHUO\
VHDWHG
)URQWRIUDQJH
7ULULQJFDS
RQVRPHPRGHOV
RQVRPHPRGHOV
(OHFWURGH
6ORW
)URQWRIUDQJH
2YDOKHDGDQGFDS
DVVHPEO\
0DNHVXUHWKHVORWLQWKH
EXUQHUKHDGLVSRVLWLRQHG
RYHUWKHHOHFWURGH
+ROHLQ
EXUQHU
KHDG
(OHFWURGH
%XUQHUKHDG
%XUQHUEDVH
7ULULQJKHDGRQVRPHPRGHOV
0DNHVXUHWKHULQJLQWKHEXUQHUKHDG
LVSRVLWLRQHGRYHUWKHHOHFWURGHDQG
WKDWWKHEXUQHUKHDGLVIXOO\LQVHUWHG
LQVLGHWKHEXUQHUEDVH$VPDOOJDS
EHWZHHQWKHEDVHDQGKHDGLVQRUPDO
(OHFWURGH
6WDELOLW\FKDPEHU
%XUQHU
EDVH
)URQWULJKWKHDGRQVRPHPRGHOV
IURQWOHIWKHDGEDFNULJKWKHDGDQG
EDFNOHIWKHDG
0DNHVXUHWKHVORWLQWKHEXUQHUKHDG
LVSRVLWLRQHGRYHUWKHHOHFWURGH
8VHDVHZLQJ
QHHGOHRUWZLVWWLH
WRXQFORJWKH
VPDOOKROHLQWKH
EXUQHUKHDG
%XUQHUKHDGVRQVRPHPRGHOV
7KHEXUQHUKHDGVRQVRPHPRGHOV
DUHUHPRYDEOH6LPSO\OLIWWKHPRII
WKHUDQJHIRUFOHDQLQJ
%XUQHUKHDG
)URQWRIUDQJH
7ULULQJKHDG
RQVRPHPRGHOV
RQVRPHPRGHOV
6ORW
(OHFWURGH
RU
+ROH
(OHFWURGH

*($SSOLDQFHVFRP
/RGJH
5HYHUVLEOHDQG&KHI·V&DVW,URQ*ULGGOHVRQVRPHPRGHOV
1RQVWLFN*ULGGOHRQVRPHPRGHOV
■ 5LQVHZLWKKRWZDWHUGRQRWXVHVRDSDQG
GU\WKRURXJKO\
■ %HIRUHFRRNLQJSUHSDUHWKHVXUIDFHZLWK
FRRNLQJVSUD\RUYHJHWDEOHRLO
■ $IWHUFRRNLQJFOHDQWKHJULGGOHZLWKDVWLII
EUXVKDQGKRWZDWHU8VLQJVRDSLVQRW
UHFRPPHQGHGDQGKDUVKGHWHUJHQWVVKRXOG
QHYHUEHXVHG
■ 7RZHOGU\LPPHGLDWHO\DQGDSSO\DOLJKWFRDW
RIFRRNLQJVSUD\RUYHJHWDEOHRLOZKLOHWKH
JULGGOHLVVWLOOZDUP
■ 6WRUHLQDFRROGU\SODFH
■ 'RQRWZDVKLQWKHGLVKZDVKHU
*ULGGOH3UHFDXWLRQV
■,IVRPHWKLQJKDVVSLOOHGXQGHUWKHJULGGOHLW
VKRXOGEHFOHDQHGXSDVVRRQDVSRVVLEOHWR
SUHYHQW´EDNHGRQµIRRGVRLO
■'RQRWDOORZJUHDVHWRDFFXPXODWHXQGHUWKH
JULGGOHDVLWFDQEHDILUHKD]DUG&OHDQXQGHU
WKHJULGGOHDVVRRQDVLWLVFRRO&OHDQZLWKKRW
VRDS\ZDWHU
■'RQRWSODFH\RXUJULGGOHLQWKHPLFURZDYH
■$OZD\VWXUQRIIDOOVXUIDFHEXUQHUVEHIRUH
UHPRYLQJWKHJULGGOH8VHFDXWLRQZKHQ
KDQGOLQJDKRWJULGGOH
127(6
■ 7KHJULGGOHLVWREHXVHGRYHUWKHFHQWHU
EXUQHURQO\
■
'RQRWFOHDQWKHJULGGOHLQDVHOIFOHDQLQJRYHQ
■ 'RQRWFOHDQWKHJULGGOHLQDGLVKZDVKHU
■ :DVKZLWKKRWVRDS\ZDWHUDIWHUHDFKXVH
ZKLOHXVLQJDVSRQJHRUGLVKFORWK
■ ,IRLORUIRRGUHVLGXHLVOHIWRQWKHJULGGOH
IXUWKHUFRRNLQJZLOOKDUGHQWKHUHVLGXHDQG
FDXVHVWLFNLQJRYHUWLPH,QWKLVFDVHXVHD
QRQDEUDVLYHFOHDQVHUVXFKDV%RQ$PLRU
RQHRIWKHVRIWVFUXEFOHDQVHUV$SSO\ZLWK
DVSRQJH6FUXQJHRURWKHUFOHDQLQJSDG
ODEHOHGVDIHIRUQRQVWLFNSDQV
■ 8VHRQO\SODVWLFQ\ORQRUZRRGHQXWHQVLOV
RU6LOYHU6WRQHNLWFKHQWRROVWRSUHYHQW
PDUULQJRIWKHFRDWLQJ
■ 1HYHUXVHNQLYHVRUFXWIRRGRQWKHJULG
GOH:DVKZLWKKRWVRDS\ZDWHUDIWHUHDFK
XVH6WRUHFDUHIXOO\WRSUHYHQWVFUDWFKLQJ
*ULGGOH3UHFDXWLRQV
■ ,IVRPHWKLQJKDVVSLOOHGXQGHUWKHJULGGOH
LWVKRXOGEHFOHDQHGXSDVVRRQDVSRVVLEOH
WRSUHYHQW´EDNHGRQµIRRGVRLO
■ 'RQRWDOORZJUHDVHWRDFFXPXODWHXQGHU
WKHJULGGOHDVLWFDQEHDILUHKD]DUG&OHDQ
XQGHUWKHJULGGOHDVVRRQDVLWLVFRRO
&OHDQZLWKKRWVRDS\ZDWHU
■
'RQRWSODFH\RXUJULGGOHLQWKHPLFURZDYH
■ $OZD\VWXUQDOOVXUIDFHEXUQHUVEHIRUH
UHPRYLQJWKHJULGGOH8VHFDXWLRQZKHQ
KDQGOLQJDKRWJULGGOH
%XUQHU*UDWHV
<RXUUDQJHKDVWZRRUWKUHHSURIHVVLRQDOVW\OH
GRXEOHJUDWHV7KHVHJUDWHVDUHSRVLWLRQ
VSHFLILF)RUPD[LPXPVWDELOLW\WKHVHJUDWHV
VKRXOGRQO\EHXVHGLQWKHLUSURSHUSRVLWLRQ
WKH\FDQQRWEHLQWHUFKDQJHGOHIWWRULJKWRU
IURQWWREDFN)RUFRQYHQLHQFHWKHXQGHUVLGHV
RIWKHOHIWDQGULJKWJUDWHVDUHPDUNHG´/()7
)5217µDQG´5,*+7)5217µ0DNHVXUHWKH
IURQWSRUWLRQRIERWKJUDWHVLVLQIURQW7KH
PLGGOHJUDWHKDVDERZLQIURQW0DNHVXUHWKH
ERZHGSRUWLRQLVWRZDUGWKHIURQWRIWKHUDQJH
,QDGGLWLRQWKHPLGGOHJUDWHLVVXSSRUWHGE\WKH
OHIWDQGULJKWJUDWHVDQGPXVWEHLQVWDOOHG/$67
IRUVWDELOLW\
&OHDQLQJ
/LIWRXWZKHQFRRO*UDWHVVKRXOGEHZDVKHG
UHJXODUO\DQGRIFRXUVHDIWHUVSLOORYHUV:DVK
WKHPLQKRWVRDS\ZDWHUDQGULQVHZLWKFOHDQ
ZDWHU:KHQUHSODFLQJWKHJUDWHVEHVXUH
WKH\DUHSRVLWLRQHGVHFXUHO\RYHUWKHEXUQHUV
5HSODFHWKHJUDWHVVRWKDWFRQWLQXRXVDUFVDUH
IRUPHGZLWKWKHFHQWHUULEVRIDOOWKUHHJUDWHV
'RQRWRSHUDWHDEXUQHUIRUDQH[WHQGHGSHULRG
RIWLPHZLWKRXWFRRNZDUHRQWKHJUDWH7KH
ILQLVKRQWKHJUDWHPD\FKLSZLWKRXWFRRNZDUH
WRDEVRUEWKHKHDW
7RJHWULGRIEXUQHGRQIRRGSODFHWKHJUDWHVLQ
DFRYHUHGFRQWDLQHU$GGFXSDPPRQLDDQG
OHWWKHPVRDNVHYHUDOKRXUVRURYHUQLJKW:DVK
ULQVHZHOODQGGU\
$OWKRXJKWKH\DUHGXUDEOHWKHJUDWHVZLOO
JUDGXDOO\ORVHWKHLUVKLQHUHJDUGOHVVRIWKH
EHVWFDUH\RXFDQJLYHWKHP7KLVLVGXHWRWKHLU
FRQWLQXDOH[SRVXUHWRKLJKWHPSHUDWXUHV<RX
ZLOOQRWLFHWKLVVRRQHUZLWKOLJKWHUFRORUJUDWHV
127('RQRWFOHDQWKHJUDWHVLQDVHOIFOHDQLQJ
RYHQ
7KHJUDWHVPD\EHFOHDQHGLQD
GLVKZDVKHU
$SSHDUDQFHPD\YDU\
/HIW)URQW
5LJKW)URQW
&HQWHU

%XUQHU*UDWHVIRU0RGHO&*62QO\
<RXUUDQJHKDVWKUHHSURIHVVLRQDOVW\OHGRXEOH
JUDWHV7KHVHJUDWHVDUHSRVLWLRQVSHFLILF)RU
PD[LPXPVWDELOLW\WKHVHJUDWHVVKRXOGRQO\EH
XVHGLQWKHLUSURSHUSRVLWLRQ)RUFRQYHQLHQFH
WKHXQGHUVLGHVRIWKHVLGHJUDWHVDUHPDUNHG
´2876,'(µ0DNHVXUHWKHIURQWSRUWLRQRI
ERWKJUDWHVLVLQIURQW7KHFHQWHUJUDWHFDQEH
LQWHUFKDQJHGIURQWWREDFN
&OHDQLQJ*UDWHV6RDSDQG:DWHU
/LIWJUDWHVRXWZKHQFRRO*UDWHVVKRXOGEH
ZDVKHGUHJXODUO\DQGRIFRXUVHDIWHUVSLOORYHUV
:DVKWKHPLQKRWVRDS\ZDWHUDQGULQVHZLWK
FOHDQZDWHU:KHQUHSODFLQJWKHJUDWHVEHVXUH
WKH\DUHSRVLWLRQHGVHFXUHO\RYHUWKHEXUQHUV
5HSODFHWKHJUDWHVVRWKDWVWUDLJKWOLQHVDUH
IRUPHGZLWKWKHFHQWHUULEVRIDOOWKUHHJUDWHV
&OHDQLQJ*UDWHV³6HOI&OHDQ2YHQ
7RJHWULGRIEXUQHGRQIRRG\RXPD\XVHWKH
VHOIFOHDQF\FOHRI\RXUUDQJH5HPRYHDQ\
EXUQWRQIRRGSDUWLFOHVWKDW\RXFDQSULRUWR
SODFLQJWKHJUDWHVLQWKHRYHQ3ODFHWKHJUD\
SRUFHODLQFRDWHGUDFNVLQSRVLWLRQV´5µ´%µDQG
´'µ
127('RQRWFOHDQWKHJULGGOHLQWKHVHOI
FOHDQLQJRYHQ
3ODFHRQHJUDWHHDFKRQWKHRYHQUDFNVIURP
VLGHWRVLGH)ROORZWKHLQVWUXFWLRQVIRUKRZWR
VHWWKHXSSHURYHQIRUFOHDQLQJ
127(8VHFDXWLRQZKHQUHPRYLQJWKHJUDWHV
IURPWKHRYHQDIWHUWKHVHOIFOHDQF\FOHKDV
HQGHG7KHJUDWHVPD\VWLOOEHKRW
)RUKHDYLO\VRLOHGJUDWHV\RXPD\QRWLFHVRPH
ZKLWHDVKRQWKHJUDWH:LSHLWRIIZLWKDGDPS
FORWKDIWHUWKHJUDWHFRROV,IZKLWHVSRWVUHPDLQ
UHPRYHWKHPZLWKDVRDSILOOHGVFRXULQJSDG
DQGULQVHWKRURXJKO\ZLWKDYLQHJDUDQGZDWHU
PL[WXUH
7KHVHGHSRVLWVDUHXVXDOO\DVDOWUHVLGXHWKDW
FDQQRWEHUHPRYHGE\WKHFOHDQF\FOH
&OHDQLQJ*UDWHV³'LVKZDVKHU
7KHJUDWHVPD\EHFOHDQHGLQWKHGLVKZDVKHU
5HPRYHDQ\EXUQWRQIRRGSDUWLFOHVWKDW
\RXFDQSULRUWRSODFLQJWKHJUDWHVLQWKH
GLVKZDVKHU3ODFHWKHPRQWKHORZHVWUDFN
RIWKHGLVKZDVKHUDQGUXQRQD´KHDY\GXW\µ
F\FOH
'RQRWRSHUDWHDEXUQHUIRUDQH[WHQGHGSHULRG
RIWLPHZLWKRXWFRRNZDUHRQWKHJUDWH7KH
ILQLVKRQWKHJUDWHPD\FKLSZLWKRXWFRRNZDUH
WRDEVRUEWKHKHDW
$OWKRXJKWKHJUDWHVDUHGXUDEOHWKH\ZLOO
JUDGXDOO\ORVHWKHLUVKLQHUHJDUGOHVVRIWKH
EHVWFDUH\RXFDQJLYHWKHP7KLVLVGXHWRWKHLU
FRQWLQXDOH[SRVXUHWRKLJKWHPSHUDWXUHVDQG
DEUDVLRQE\WKHFRRNZDUH
6XSSRUW%XPSHUV
,IRQHRUPRUHRIWKHFLUFXODUVLOLFRQHJUDWH
VXSSRUWEXPSHUVLQWKHFRRNWRSDUHPLVVLQJRU
GDPDJHGUHSODFHPHQWSDUWVFDQEHREWDLQHG
E\FDOOLQJ*(&$5(6
7RLQVHUWWKHQHZEXPSHUVVLPSO\LQVHUWWKHFRQH
VKDSHGHQGDQGSXVKGRZQZKLOHJHQWO\WZLVWLQJRU
URFNLQJWKHEXPSHU
7KHJUDWHVPD\EHFOHDQHGLQD
GLVKZDVKHU
7KHRYHQKDVUDFNSRVLWLRQV
3ODFHWKHJUD\SRUFHODLQFRDWHG
UDFNVLQSRVLWLRQV´5µ´%µDQG´'µ
IRUVHOIFOHDQLQJWKHJUDWHV3ODFH
RQHJUDWHHDFKRQWKHRYHQUDFNV
IURPVLGHWRVLGH
$SSHDUDQFHPD\YDU\
2XWVLGH
*UDWH
&HQWHU
*UDWH
2XWVLGH
*UDWH
&DUHDQGFOHDQLQJRIWKHUDQJH

*($SSOLDQFHVFRP
2YHQ$LU9HQWV
1HYHUEORFNWKHYHQWVDLURSHQLQJVRIWKH
UDQJH7KH\SURYLGHWKHDLULQOHWDQGRXWOHWWKDW
DUHQHFHVVDU\IRUWKHUDQJHWRRSHUDWHSURSHUO\
ZLWKFRUUHFWFRPEXVWLRQ
$LURSHQLQJVDUHORFDWHGDWWKHUHDURIWKH
FRRNWRSDWWKHWRSDQGERWWRPRIWKHRYHQ
GRRUDQGDWWKHERWWRPRIWKHUDQJH
8SSHU&RQWURO3DQHO
2QPRGHOVVRHTXLSSHGORFNRXWWKHWRXFKSDGV
EHIRUHFOHDQLQJ
6HHWKH*DV&RQWURO/RFNRXWLQIRUPDWLRQLQ
WKH6SHFLDOIHDWXUHVRI\RXURYHQFRQWUROVHFWLRQ
LQWKLVPDQXDO
&OHDQXSVSODWWHUVZLWKDGDPSFORWK
<RXPD\DOVRXVHDJODVVFOHDQHU
5HPRYHKHDYLHUVRLOZLWKZDUPVRDS\ZDWHU
'RQRWXVHDEUDVLYHVRIDQ\NLQG
8QORFNWKHWRXFKSDGVDIWHUFOHDQLQJ
9HQWDSSHDUDQFHDQGORFDWLRQYDU\
/RZHU&RQWURO3DQHO)URQW0DQLIROG3DQHODQG.QREV
,W·VDJRRGLGHDWRZLSHWKHFRQWUROSDQHODIWHU
HDFKXVHRIWKHRYHQ8VHDGDPSFORWKWR
FOHDQRUULQVH)RUFOHDQLQJXVHPLOGVRDSDQG
ZDWHURUDVROXWLRQRIYLQHJDUDQGZDWHU
)RUULQVLQJXVHFOHDQZDWHU3ROLVKGU\ZLWKD
VRIWFORWK
'RQRWXVHDEUDVLYHFOHDQVHUVVWURQJOLTXLG
FOHDQHUVSODVWLFVFRXULQJSDGVRURYHQFOHDQHUV
RQWKHFRQWUROSDQHO³WKH\ZLOOGDPDJHWKH
ILQLVK
'RQRWWU\WREHQGNQREVE\SXOOLQJWKHPXS
RUGRZQRUE\KDQJLQJDWRZHORURWKHUVXFK
ORDGV7KLVFDQGDPDJHWKHJDVYDOYHVKDIW
7KHFRQWURONQREVPD\EHUHPRYHGIRUHDVLHU
FOHDQLQJ
0DNHVXUHWKHNQREVDUHLQWKH2))SRVLWLRQV
DQGSXOOWKHPVWUDLJKWRIIWKHVWHPVIRU
FOHDQLQJ
7KHNQREVFDQEHFOHDQHGLQDGLVKZDVKHURU
WKH\PD\DOVREHZDVKHGZLWKVRDSDQGZDWHU
0DNHVXUHWKHLQVLGHVRIWKHNQREVDUHGU\
EHIRUHUHSODFLQJ
5HSODFHWKHNQREVLQWKH2))SRVLWLRQWRHQVXUH
SURSHUSODFHPHQW
0HWDOSDUWVFDQEHFOHDQHGZLWKVRDSDQG
ZDWHU'RQRWXVHVWHHOZRRODEUDVLYHV
DPPRQLDDFLGVRUFRPPHUFLDORYHQFOHDQHUV
'U\ZLWKDVRIWFORWK
127(.QREVDUHQRWLQWHUFKDQJHDEOH%HVXUHWR
UHLQVWDOOWKHNQREVWRWKHRULJLQDOORFDWLRQ
6XUIDFHEXUQHUNQRE
/RZHURYHQNQRERQVRPH PRGHOV
5HGOLQH
Gas/Control
&RRNWRS6XUIDFH
7RDYRLGGDPDJLQJWKHSRUFHODLQHQDPHO
VXUIDFHRIWKHFRRNWRSDQGWRSUHYHQWLW
IURPEHFRPLQJGXOOFOHDQXSVSLOOVULJKWDZD\
)RRGVZLWKDORWRIDFLGWRPDWRHVVDXHUNUDXW
IUXLWMXLFHVHWFRUIRRGVZLWK
KLJKVXJDUFRQWHQWFRXOGFDXVHDGXOOVSRW
LIDOORZHGWRVHW
:KHQWKHVXUIDFHKDVFRROHGZDVKDQGULQVH
)RURWKHUVSLOOVVXFKDVIDWVSDWWHULQJVZDVK
ZLWKVRDSDQGZDWHURQFHWKHVXUIDFHKDV
FRROHG7KHQULQVHDQGSROLVKZLWKDGU\FORWK
127()RUVWDLQOHVVVWHHOFRRNWRSVUHIHU
WRWKH6WDLQOHVVVWHHOVXUIDFHVVHFWLRQ

2YHQ%RWWRP
7KHRYHQERWWRPKDVDSRUFHODLQHQDPHO
ILQLVK7RPDNHFOHDQLQJHDVLHUSURWHFWWKH
RYHQERWWRPIURPH[FHVVLYHVSLOORYHUVE\
SODFLQJDFRRNLHVKHHWRQWKHUDFNEHORZWKH
UDFN\RXDUHFRRNLQJRQ7KLVLVSDUWLFXODUO\
LPSRUWDQWZKHQEDNLQJDIUXLWSLHRURWKHU
IRRGVZLWKDKLJKDFLGFRQWHQW+RWIUXLW
ILOOLQJVRURWKHUIRRGVWKDWDUHKLJKO\DFLGLF
VXFKDVWRPDWRHVVDXHUNUDXWDQGVDXFHV
ZLWKYLQHJDURUOHPRQMXLFHPD\FDXVHSLWWLQJ
DQGGDPDJHWRWKHSRUFHODLQHQDPHOVXUIDFH
DQGVKRXOGEHZLSHGXSLPPHGLDWHO\
7RFOHDQXSVSLOORYHUVXVHVRDSDQGZDWHUDQ
DEUDVLYHFOHDQHURUVRDSILOOHGVFRXULQJSDG
5LQVHZHOOWRUHPRYHDQ\VRDSEHIRUHVHOI
FOHDQLQJ
7KHGRRULVYHU\KHDY\%HFDUHIXOZKHQ
UHPRYLQJDQGOLIWLQJWKHGRRU
'RQRWOLIWWKHGRRUE\WKHKDQGOH
7RUHPRYHWKHGRRU
)XOO\RSHQWKHGRRU
3XOOWKHKLQJHORFNVGRZQWRZDUGWKHGRRU
IUDPHWRWKHXQORFNHGSRVLWLRQ$WRRO
VXFKDVDVPDOOIODWEODGHVFUHZGULYHU
PD\EHUHTXLUHG
)LUPO\JUDVSERWKVLGHVRIWKHGRRUDWWKH
WRS
&ORVHGRRUWRWKHGRRUUHPRYDOSRVLWLRQ
ZKLFKLVKDOIZD\EHWZHHQWKHEURLOVWRS
SRVLWLRQDQGIXOO\FORVHG
/LIWGRRUXSDQGRXWXQWLOWKHKLQJHDUP
LVFOHDURIWKHVORW
7RUHSODFHWKHGRRU
)LUPO\JUDVSERWKVLGHVRIWKHGRRUDWWKH
WRS
:LWKWKHGRRUDWWKHVDPHDQJOH
DVWKHUHPRYDOSRVLWLRQVHDWWKH
LQGHQWDWLRQRIWKHKLQJHDUPLQWRWKH
ERWWRPHGJHRIWKHKLQJHVORW7KHQRWFK
LQWKHKLQJHDUPPXVWEHIXOO\VHDWHGLQWR
WKHERWWRPRIWKHVORW
)XOO\RSHQWKHGRRU,IWKHGRRUZLOOQRW
IXOO\RSHQWKHLQGHQWDWLRQLVQRWVHDWHG
FRUUHFWO\LQWKHERWWRPHGJHRIWKHVORW
3XVKWKHKLQJHORFNVXSDJDLQVWWKHIURQW
IUDPHRIWKHRYHQFDYLW\WRWKHORFNHG
SRVLWLRQ
&ORVHWKHRYHQGRRU
/LIW2II2YHQ'RRURQVRPHPRGHOV
/LIW2II2YHQ'RRURQVRPHPRGHOV
+LQJH
ORFN
5HPRYDOSRVLWLRQ
+LQJH
ORFN
3XVKKLQJHORFNVXSWRORFN
3XOOKLQJHORFNVGRZQWRXQORFN
,QGHQWDWLRQ
%RWWRP
HGJHRI
VORW
+LQJHDUP
6ORW
+LQJH
DUP
&DUHDQGFOHDQLQJRIWKHUDQJH
7KHRYHQGRRULVUHPRYDEOHEXWLWLVKHDY\
<RXPD\QHHGKHOSUHPRYLQJDQGUHSODFLQJ
WKHGRRU
7RUHPRYHWKHGRRU
2SHQLWDIHZLQFKHVWRWKHVSHFLDOVWRS
SRVLWLRQWKDWZLOOKROGWKHGRRURSHQ
*UDVSILUPO\RQHDFKVLGHDQGOLIWWKH
GRRUVWUDLJKWXSDQGRIIWKHKLQJHV
127(%HFDUHIXOQRWWRSODFHKDQGVEH
WZHHQWKHKLQJHDQGWKHRYHQGRRUIUDPH
VLQFHWKHKLQJHFRXOGVQDSEDFNDQGSLQFK
ILQJHUV
7RUHSODFHWKHGRRU
0DNHVXUHWKHKLQJHVDUHLQWKHVSHFLDO
VWRSSRVLWLRQ3RVLWLRQWKHVORWVLQWKH
ERWWRPRIWKHGRRUVTXDUHO\RYHUWKH
KLQJHV
/RZHUWKHGRRUVORZO\DQGHYHQO\RYHU
ERWKKLQJHVDWWKHVDPHWLPH,IWKH
KLQJHVVQDSEDFNDJDLQVWWKHRYHQ
IUDPHSXOOWKHPEDFNRXW
/LIWWKHGRRUVWUDLJKWXSDQG
RIIWKHKLQJHV

*($SSOLDQFHVFRP
([WHQVLRQUDFNVPD\EHFOHDQHGE\KDQGZLWK
DQDEUDVLYHFOHDQHURUVWHHOZRRO'XULQJ
FOHDQLQJEHFDUHIXOQRWWRDOORZZDWHURU
FOHDQHUWRHQWHUWKHH[WHQVLRQVOLGHVRQWKH
VLGHVRIWKHUDFN
127('RQRWFOHDQLQDGLVKZDVKHU
7KHUDFNPD\DOVRUHPDLQLQWKHRYHQGXULQJ
WKHVHOIFOHDQLQJF\FOHZLWKRXWEHLQJGDPDJHG
1RWDSSOLFDEOHIRUQLFNHOH[WHQVLRQUDFNV
,IWKHUDFNEHFRPHVKDUGWRUHPRYHRU
UHSODFHZLSHWKHRYHQUDFNVXSSRUWVZLWK
FRRNLQJRLO'RQRWZLSHFRRNLQJRLORQWKH
VOLGHV
,IWKHUDFNEHFRPHVGLIILFXOWWRVOLGHRULIWKH
SDGGOHLVGLIILFXOWWRDFWXDWHWKHUDFNPD\QHHG
WREHOXEULFDWHGXVLQJWKH*UDSKLWH/XEULFDWLRQ
VKLSSHGZLWK\RXURYHQ7RRUGHUDGGLWLRQDO
*UDSKLWH/XEULFDWLRQFDOORXU1DWLRQDO3DUWV
&HQWHUDWDQGUHIHUHQFH
:%7
2YHQ5DFNV
$OORYHQUDFNVPD\EHFOHDQHGE\KDQGZLWKDQ
DEUDVLYHFOHDQHURUVWHHOZRRO$IWHUFOHDQLQJ
ULQVHWKHUDFNVZLWKFOHDQZDWHUDQGGU\ZLWKD
FOHDQFORWK*UD\SRUFHODLQFRDWHGRYHQUDFNV
PD\UHPDLQLQWKHRYHQGXULQJWKHVHOIFOHDQLQJ
F\FOHZLWKRXWEHLQJGDPDJHG7KHQLFNHOSODWHG
RYHQUDFNVPD\UHPDLQLQWKHRYHQGXULQJWKH
VHOIFOHDQLQJF\FOHEXWWKH\ZLOOORVHWKHLUOXVWHU
DQGEHFRPHKDUGWRVOLGH,WZLOOEHQHFHVVDU\
WRJUHDVHDOORYHQUDFNVLGHHGJHVZLWKDOLJKW
FRDWLQJRIYHJHWDEOHRLODIWHUFOHDQLQJWKHPE\
KDQGRULQWKHRYHQ7KLVZLOOKHOSPDLQWDLQWKH
HDVHRIVOLGLQJWKHUDFNVLQDQGRXWRIWKHRYHQ
([WHQVLRQ5DFNRQVRPHPRGHOV
7ROXEULFDWHWKHVOLGHV
127('RQRWVSUD\H[WHQVLRQUDFNZLWKFRRNLQJ
VSUD\RURWKHUOXEULFDQWVSUD\V
5HPRYHWKHUDFNIURPWKHRYHQ6HH
([WHQVLRQ5DFNLQWKH8VLQJWKHRYHQ
VHFWLRQ
)XOO\H[WHQGWKHUDFNRQDWDEOHRU
FRXQWHUWRS1HZVSDSHUPD\EHSODFHG
XQGHUQHDWKWKHUDFNIRUHDV\FOHDQXS
,IWKHUHLVGHEULVLQWKHVOLGHWUDFNVZLSHLW
DZD\XVLQJDSDSHUWRZHO
127($Q\JUDSKLWHOXEULFDQWZLSHGDZD\
PXVWEHUHSODFHGVHHVWHSVWKURXJK
6KDNHWKHJUDSKLWHOXEULFDQWEHIRUH
RSHQLQJLW6WDUWLQJZLWKWKHOHIWVOLGH
PHFKDQLVPRIWKHUDFNSODFHIRXU
VPDOOGURSVRIOXEULFDQWRQWKHWZR
ERWWRPWUDFNVRIWKHVOLGHFORVHWRWKH
EHDULQJFDUULHUV
5HSHDWIRUWKHULJKWVOLGHPHFKDQLVPRI
WKHUDFN
2SHQDQGFORVHWKHUDFNVHYHUDOWLPHVWR
GLVWULEXWHWKHOXEULFDQW
5HSODFHWKHFDSRQWKHOXEULFDQWDQG
VKDNHLWDJDLQ7XUQWKHUDFNRYHUDQG
UHSHDWVWHSVDQG
&ORVHWKHUDFNWXUQUDFNULJKWVLGHXSDQG
SODFHLQWKHRYHQ6HH([WHQVLRQ5DFNLQ
WKH8VLQJWKHRYHQVHFWLRQ
7ROXEULFDWHWKHSDGGOH
6KDNHOXEULFDQWDQG
DSSO\WRWKHPRYLQJ
SDUWVRIWKHSDGGOH
PHFKDQLVPVDVVKRZQ
5DFNULJKWVLGHXS
5LJKWVLGH

&OHDQLQJWKH'RRU
7RFOHDQWKHLQVLGHRIWKHGRRU
■'RQRWDOORZH[FHVVZDWHUWRUXQLQWRDQ\
KROHVRUVORWVLQWKHGRRU
■:LSHGLVKZDVKLQJGHWHUJHQWRYHUDQ\
EDNHGRQVSDWWHUVRQWKHJODVV8VHDVLQJOH
VLGHGVDIHW\UD]RUEODGHWRFOHDQLWRII7KHQ
ZLSHRYHUWKHJODVVZLWKDVRDS\FORWKWR
UHPRYHDQ\UHVLGXHDQGGU\RII
■7KHDUHDRXWVLGHWKHJDVNHWFDQEHFOHDQHG
ZLWKDVRDSILOOHGSODVWLFVFRXULQJSDG
7RFOHDQWKHRXWVLGHRIWKHGRRU
■8VHVRDSDQGZDWHUWRWKRURXJKO\FOHDQWKH
WRSVLGHVDQGIURQWRIWKHRYHQGRRU5LQVH
ZHOO<RXPD\DOVRXVHDJODVVFOHDQHUWR
FOHDQWKHJODVVRQWKHRXWVLGH
RIWKHGRRU
■6SLOODJHRIPDULQDGHVIUXLWMXLFHVWRPDWR
VDXFHVDQGEDVWLQJPDWHULDOVFRQWDLQLQJ
DFLGVPD\FDXVHGLVFRORUDWLRQDQGVKRXOGEH
ZLSHGXSLPPHGLDWHO\:KHQWKHVXUIDFHLV
FRROFOHDQDQGULQVH
■'RQRWXVHRYHQFOHDQHUVFOHDQVLQJSRZGHUV
RUKDUVKDEUDVLYHVRQWKH
RXWVLGHRIWKHGRRU
7KHJDVNHWLVGHVLJQHGZLWKDJDS
DWWKHERWWRPWRDOORZIRUSURSHU
DLUFLUFXODWLRQ
'RQRWUXERUFOHDQWKHGRRU
JDVNHW³LWKDVDQH[WUHPHO\ORZ
UHVLVWDQFHWRDEUDVLRQ
,I\RXQRWLFHWKHJDVNHWEHFRPLQJ
ZRUQIUD\HGRUGDPDJHGLQDQ\
ZD\RULILWKDVEHFRPHGLVSODFHG
RQWKHGRRU\RXVKRXOGKDYHLW
UHSODFHG
6WDLQOHVV6WHHO6XUIDFHV
RQVRPHPRGHOV
'RQRWXVHDVWHHOZRROSDGLWZLOOVFUDWFKWKH
VXUIDFH
,03257$17$33/<$3527(&7,9(&2$7
2)&(5$0$%5<7(
3$57:%7
67$,1/(6667((/%5,*+7(1(5%()25(
86,1*
7KLVZLOOKHOS\RXWRPDLQWDLQWKHEULJKWQHVV
DQGDSSHDUDQFHRI\RXUVWDLQOHVVVWHHOUDQJH
■,QRUGHUWRDYRLGDQ\GLVFRORUDWLRQVDQGRU
JUHDVHVWDLQVZHUHFRPPHQGFOHDQLQJDQG
UHPRYLQJDQ\VSLOOVVSRWVDQGJUHDVHIURP
WKHUDQJHDIWHUXVH
■,WLVLPSRUWDQWWRXVHDVRIWFORWKRUSDSHU
WRZHOHYHU\WLPHWKHUDQJHLVFOHDQHGWR
DYRLGDQ\VFUDWFKHV
5HDGFDUHIXOO\WKHLQVWUXFWLRQVRQWKHEDFNRI
WKH%ULJKWHQHUIRUEHWWHUUHVXOWV
&OHDQLQJ,QVWUXFWLRQV
5HPRYHJUDWHV
:DVKXVLQJZDUPVRDS\ZDWHU
:HWVRIWFORWKRUSDSHUWRZHODYRLGXVLQJ
H[FHVVLYHZDWHU
:LSHWKHVXUIDFHLQWKHGLUHFWLRQRIWKHJUDLQ
IROORZLQJWKHVWHHOOLQHV
5LQVHDQGZULQJRXWDVRIWFORWKRUSDSHU
WRZHODQGGU\WKHUDQJH
$SSO\DGHJUHDVHUWKDWGRHVQRWFRQWDLQ
VRGLXPK\GUR[LGHRUVWDLQOHVVVWHHOFOHDQHU
IROORZLQVWUXFWLRQV
$SSO\&HUDPD%U\WH
6WDLQOHVV6WHHO
%ULJKWHQHUIROORZLQVWUXFWLRQV
5HSHDWVWHSV²DVPDQ\WLPHVDVQHHGHG
3XWJUDWHVEDFNLQSODFH
)ROORZWKHVHLQVWUXFWLRQVIRUDQ\VWDLQOHVVVWHHO
VXUIDFHRQ\RXUUDQJH
'212786(IRUFRRNWRSRUVWDLQOHVVVWHHO
SDUWVFOHDQLQJ
&DXVWLFO\HVRGLXPK\GUR[LGHRUFOHDQHUV
FRQWDLQLQJWKLVFKHPLFDO
+DUGRUVWHHOZRROSDGV
$EUDVLYHPDWHULDOVRUFKHPLFDOV
7RLQTXLUHDERXWSXUFKDVLQJVWDLQOHVVVWHHO
DSSOLDQFHFOHDQHURUSROLVKRUWRILQGWKH
ORFDWLRQRIDGHDOHUQHDUHVW\RXSOHDVHFDOORXU
WROOIUHHQXPEHU
1DWLRQDO3DUWV&HQWHU 86
&DQDGD
*($SSOLDQFHVFRP86
ZZZ*($SSOLDQFHVFD&DQDGD
&DUHDQGFOHDQLQJRIWKHUDQJH

*($SSOLDQFHVFRP
2YHQ/LJKW5HSODFHPHQWRQVRPHPRGHOV
2YHQ/LJKW5HSODFHPHQWRQVRPHPRGHOV
%HVXUHWROHWWKHOLJKWFRYHUDQGEXOEFRRO
FRPSOHWHO\
7RUHPRYHWKHFRYHU
7ZLVWOHQVFRXQWHUFORFNZLVHDERXWD
TXDUWHUWXUQWRUHPRYH
'RQRWUHPRYHDQ\VFUHZVWRUHPRYHWKHFRYHU
5HSODFHEXOEZLWKDZDWWDSSOLDQFH
EXOERUWZRSURQJKDORJHQEXOEDV
DSSURSULDWH
7RUHSODFHWKHFRYHU
/LQHXSWDEVRIOHQVLQIURQWRIWDEVRQ
KRXVLQJDQGURWDWHFORFNZLVHWRHQJDJH
5HPRYDEOH6WRUDJH'UDZHURQVRPHPRGHOV
7KHVWRUDJHGUDZHULVDJRRGSODFHWRVWRUH
FRRNZDUHDQGEDNHZDUH'RQRWVWRUHSODVWLFV
DQGIODPPDEOHPDWHULDOLQWKHGUDZHU
7KHVWRUDJHGUDZHUPD\EHUHPRYHG
IRUFOHDQLQJXQGHUWKHUDQJH&OHDQWKHVWRUDJH
GUDZHUZLWKDGDPSFORWKRUVSRQJH1HYHUXVH
KDUVKDEUDVLYHVRUVFRXULQJSDGV7RUHPRYH
VWRUDJHGUDZHU
3XOOGUDZHUVWUDLJKWRXWXQWLOLWVWRSV
7LOWWKHIURQWRIWKHGUDZHUXSDQGIUHHRI
WKHUDQJH
7RUHSODFHVWRUDJHGUDZHU
6HWWKHVWRSVRQWKHEDFNRIWKHGUDZHU
RYHUWKHVWRSVLQWKHUDQJH
6OLGHGUDZHUHYHQO\DQGVWUDLJKWEDFNVR
WKDWWKHUDLOVLQWKHUDQJHDUHHQJDJHG
7KHVWRUDJHGUDZHUPD\EH
UHPRYHGIRUFOHDQLQJXQGHUWKH
UDQJH
:$51,1*
6KRFNRU%XUQ+D]DUG%HIRUHUHSODFLQJRYHQOLJKWEXOEGLVFRQQHFWWKHHOHFWULFDOSRZHUWRWKH
UDQJHDWWKHPDLQIXVHRUFLUFXLWEUHDNHUSDQHO)DLOXUHWRGRVRPD\UHVXOWLQHOHFWULFVKRFNRUEXUQ
&$87,21
%HIRUHUHSODFLQJ
\RXURYHQOLJKWEXOEGLVFRQQHFWWKHHOHFWULFDO
SRZHUWRWKHUDQJHDWWKHPDLQIXVHRUFLUFXLW
EUHDNHUSDQHO%HVXUHWROHWWKHOLJKWFRYHU
DQGEXOEFRROFRPSOHWHO\
7KHRYHQOLJKWEXOELVFRYHUHGZLWKDUHPRY
DEOHJODVVFRYHUWKDWLVKHOGLQSODFHZLWKD
EDLOVKDSHGZLUH5HPRYHWKHRYHQGRRULI
GHVLUHGWRUHDFKFRYHUHDVLO\
7RUHPRYH
+ROGDKDQGXQGHUWKHFRYHUVRLW
GRHVQ·WIDOOZKHQUHOHDVHG:LWKILQJHUV
RIWKHVDPHKDQGILUPO\SXVKEDFNWKH
ZLUHFRYHUKROGHU/LIWRIIWKHFRYHU
'RQRWUHPRYHDQ\VFUHZVWRUHPRYH
WKHFRYHU
'RQRWWRXFKKRWEXOEZLWKDZHWFORWK
5HSODFHEXOEZLWKDZDWWKRXVHKROG
DSSOLDQFHEXOE
7RUHSODFHFRYHU
3ODFHLWLQWRWKHJURRYHRIWKHOLJKW
UHFHSWDFOH3XOOWKHZLUHIRUZDUGWRWKH
FHQWHURIWKHFRYHUXQWLOLWVQDSVLQWR
SODFH:KHQLQSODFHWKHZLUHKROGVWKH
FRYHUILUPO\%HFHUWDLQWKHZLUHLVLQWKH
GHSUHVVLRQLQWKHFHQWHURIWKHFRYHU
&RQQHFWHOHFWULFDOSRZHUWRWKHUDQJH
:LGHFRYHUKROGHU

&DUHDQGFOHDQLQJRIWKHUDQJH *($SSOLDQFHVFRP
5HPRYDEOH/RZHU2YHQ'UDZHU3DQ
127($OORZORZHURYHQGUDZHUWRFRROEHIRUH
UHPRYLQJSDQ
127(:LSHVSLOOVSURPSWO\DIWHUHDFKXVH
■1HYHUSODFHXVHRUVHOIFOHDQWKHORZHURYHQ
GUDZHUSDQLQWKHXSSHURYHQ
■/RZHURYHQGUDZHUKDVDUHPRYDEOHSDQIRU
HDV\FOHDQLQJ&OHDQZLWKKRWVRDS\ZDWHU
DQGDVSRQJHRUGLVKWRZHO'U\ZLWKDFOHDQ
FORWK$QRYHQFOHDQHUVXFKDV(DV\2II
PD\DOVREHXVHG%HVXUHWRIROORZWKH
GLUHFWLRQVRQWKHRYHQFOHDQHU5HSODFHWKH
SDQLQWKHORZHURYHQGUDZHU
127()RUPRGHOVZLWKDQHOHFWULFZDUPLQJ
GUDZHURUORZHURYHQGUDZHUEHIRUH
SHUIRUPLQJDQ\DGMXVWPHQWVFOHDQLQJRU
VHUYLFHGLVFRQQHFWWKHUDQJHHOHFWULFDOSRZHU
VXSSO\DWWKHKRXVHKROGGLVWULEXWLRQSDQHO
E\UHPRYLQJWKHIXVHRUVZLWFKLQJRIIWKH
FLUFXLWEUHDNHU0DNHVXUHWKHGUDZHUKHDWLQJ
HOHPHQWLVFRRO
5HPRYDEOH'UDZHU/RZHU2YHQ'UDZHU0RGHOVRQO\
0RVWFOHDQLQJFDQEHGRQHZLWKWKHGUDZHULQ
SODFH+RZHYHUWKHGUDZHUPD\EHUHPRYHGLI
IXUWKHUFOHDQLQJLVQHHGHG8VHVRDSDQGZDUP
ZDWHUWRWKRURXJKO\FOHDQ
7RUHPRYHWKHGUDZHU
3XOOWKHGUDZHUVWUDLJKWRXWXQWLO
LWVWRSV
3UHVVWKHWDEVRQERWKVLGHVLQZKLOH
SXOOLQJWKHGUDZHUIRUZDUGDQGIUHH
7RUHSODFHWKHGUDZHU
3ODFHWKHOHIWGUDZHUUDLODURXQGWKHLQQHU
OHIWUDLOJXLGHDQGVOLGHLWLQVOLJKWO\WRKRRN
LW
3ODFHWKHULJKWGUDZHUUDLODURXQGWKHLQQHU
ULJKWUDLOJXLGHDQGVOLGHLWLQVOLJKWO\WR
KRRNLW
6OLGHWKHGUDZHUDOOWKHZD\LQ
127()RUPRGHOVZLWKDQHOHFWULFZDUPLQJ
GUDZHURUORZHURYHQGUDZHUEHIRUH
SHUIRUPLQJDQ\DGMXVWPHQWVFOHDQLQJRU
VHUYLFHGLVFRQQHFWWKHUDQJHHOHFWULFDO
SRZHUVXSSO\DWWKHKRXVHKROGGLVWULEXWLRQ
SDQHOE\UHPRYLQJWKHIXVHRUVZLWFKLQJRII
WKHFLUFXLWEUHDNHU0DNHVXUHWKHZDUPLQJ
GUDZHUKHDWLQJHOHPHQWLVFRRO
5HPRYDEOH'UDZHU:DUPLQJ'UDZHU0RGHOVRQO\
0RVWFOHDQLQJFDQEHGRQHZLWKWKHGUDZHULQ
SODFH+RZHYHUWKHGUDZHUPD\EHUHPRYHGLI
IXUWKHUFOHDQLQJLVQHHGHG8VHVRDSDQGZDUP
ZDWHUWRWKRURXJKO\FOHDQ
7RUHPRYHWKHGUDZHU
3XOOWKHGUDZHUVWUDLJKWRXWXQWLO
LWVWRSV
3UHVVWKHOHIWUDLOUHOHDVHXSDQGSUHVVWKH
ULJKWUDLOUHOHDVHGRZQZKLOHSXOOLQJWKH
GUDZHUIRUZDUGDQGIUHH
7RUHSODFHWKHGUDZHU
3ODFHWKHOHIWGUDZHUUDLODURXQGWKHLQQHU
OHIWUDLOJXLGHDQGVOLGHLWLQ
VOLJKWO\WRKRRNLW
3ODFHWKHULJKWGUDZHUUDLODURXQGWKHLQQHU
ULJKWUDLOJXLGHDQGVOLGHLWLQVOLJKWO\WR
KRRNLW
6OLGHWKHGUDZHUDOOWKHZD\LQ
127()RUPRGHOVZLWKDQHOHFWULFZDUPLQJ
GUDZHUEHIRUHSHUIRUPLQJDQ\DGMXVWPHQWV
FOHDQLQJRUVHUYLFHGLVFRQQHFWWKHUDQJH
HOHFWULFDOSRZHUVXSSO\DWWKHKRXVHKROG
GLVWULEXWLRQSDQHOE\UHPRYLQJWKHIXVHRU
VZLWFKLQJRIIWKHFLUFXLWEUHDNHU0DNHVXUH
WKHZDUPLQJGUDZHUKHDWLQJHOHPHQWLVFRRO

%()25(<28%(*,1
5HDGWKHVHLQVWUXFWLRQVFRPSOHWHO\DQGFDUHIXOO\
,QVWDOODWLRQRIWKLVUDQJHPXVWFRQIRUPZLWKORFDO
FRGHVRULQWKHDEVHQFHRIORFDOFRGHVZLWKWKH
1DWLRQDO)XHO*DV&RGH$16,=1)3$ODWHVW
HGLWLRQ,Q&DQDGDLQVWDOODWLRQPXVWFRQIRUPZLWK
WKHFXUUHQW1DWXUDO*DV,QVWDOODWLRQ&RGH&$1
&*$%RUWKHFXUUHQW3URSDQH,QVWDOODWLRQ
&RGH&$1&*$%DQGZLWKORFDOFRGHVZKHUH
DSSOLFDEOH7KLVUDQJHKDVEHHQGHVLJQFHUWLILHGE\
&6$,QWHUQDWLRQDODFFRUGLQJWR$16,=ODWHVW
HGLWLRQDQG&DQDGLDQ*DV$VVRFLDWLRQDFFRUGLQJWR
&$1&*$ODWHVWHGLWLRQ
$VZLWKDQ\DSSOLDQFHXVLQJJDVDQGJHQHUDWLQJKHDW
WKHUHDUHFHUWDLQVDIHW\SUHFDXWLRQV\RXVKRXOGIROORZ
<RXZLOOILQGWKHVHSUHFDXWLRQVLQWKH,PSRUWDQW6DIHW\
,QIRUPDWLRQVHFWLRQLQWKHIURQWRIWKLVPDQXDO5HDG
WKHPFDUHIXOO\
,03257$17²6DYHWKHVHLQVWUXFWLRQVIRU
ORFDOHOHFWULFDOLQVSHFWRU·VXVH
,03257$17²2EVHUYHDOOJRYHUQLQJ
FRGHVDQGRUGLQDQFHV
1RWHWR,QVWDOOHU²/HDYHWKHVHLQVWUXFWLRQVZLWK
WKHDSSOLDQFHDIWHULQVWDOODWLRQLVFRPSOHWHG
1RWHWR&RQVXPHU².HHSWKLV2ZQHU·V0DQXDO
DQG,QVWDOODWLRQ,QVWUXFWLRQVIRUIXWXUHUHIHUHQFH
1RWH²7KLVDSSOLDQFHPXVWEHSURSHUO\JURXQGHG
6HUYLFHU²7KHHOHFWULFDOGLDJUDPLVLQDQHQYHORSH
DWWDFKHGWRWKHEDFNRIWKHUDQJH
3URSHULQVWDOODWLRQLVWKHUHVSRQVLELOLW\RIWKHLQVWDOOHU
3URGXFWIDLOXUHGXHWRLPSURSHULQVWDOODWLRQLVQRW
FRYHUHGXQGHUWKH:DUUDQW\
0RELOH+RPH$GGLWLRQDO,QVWDOODWLRQ5HTXLUHPHQWV
7KHLQVWDOODWLRQRIWKLVUDQJHPXVWFRQIRUPWRWKH
0DQXIDFWXUHG+RPH&RQVWUXFWLRQDQG6DIHW\6WDQGDUG
7LWOH&)53DUWIRUPHUO\WKH)HGHUDO6WDQGDUG
IRU0RELOH+RPH&RQVWUXFWLRQXVHWKH6WDQGDUGIRU
0DQXIDFWXUHG+RPH,QVWDOODWLRQV$16,$1)3$
$RUZLWKORFDOFRGHV
0RELOHKRPHLQVWDOODWLRQVUHTXLUH
:KHQWKLVUDQJHLVLQVWDOOHGLQDPRELOHKRPHLWPXVW
EHVHFXUHGWRWKHIORRUGXULQJWUDQVLW$Q\PHWKRGRI
VHFXULQJWKHUDQJHLVDGHTXDWHDVORQJDVLWFRQIRUPVWR
WKHVWDQGDUGVOLVWHGDERYH
,QVWDOODWLRQ
5DQJH
,QVWUXFWLRQV
'RQRWVWRUHRUXVHFRPEXVWLEOHPDWHULDOVJDVROLQH
RURWKHUIODPPDEOHYDSRUVDQGOLTXLGVLQWKHYLFLQLW\
RIWKLVRUDQ\RWKHUDSSOLDQFH
,I\RXVPHOOJDV
2SHQZLQGRZV
'RQ·WWRXFKHOHFWULFDOVZLWFKHV
([WLQJXLVKDQ\RSHQIODPH
,PPHGLDWHO\FDOO\RXUJDVVXSSOLHU
)25<2856$)(7<
,QWKH&RPPRQZHDOWKRI0DVVDFKXVHWWV
7KLVSURGXFWPXVWEHLQVWDOOHGE\DOLFHQVHGSOXPEHURU
JDVILWWHU
:KHQXVLQJEDOOW\SHJDVVKXWRIIYDOYHVWKH\VKDOOEH
WKH7KDQGOHW\SH
$IOH[LEOHJDVFRQQHFWRUZKHQXVHGPXVWQRWH[FHHGIHHW
722/6<28:,//1(('
)ODWEODGHVFUHZGULYHU
3LSHZUHQFKHV
RQHIRUEDFNXS
3KLOOLSVVFUHZGULYHU
2SHQHQGRU
DGMXVWDEOHZUHQFK
3HQFLODQGUXOHU
/HYHO
'ULOODZORUQDLO
0$7(5,$/6<280$<1(('
*DVOLQHVKXWRIIYDOYH
3LSHMRLQWVHDODQWRU8/DSSURYHGSLSHWKUHDGWDSHZLWK
7HIORQWKDWUHVLVWVDFWLRQRIQDWXUDODQG/3JDVHV
)OH[LEOHPHWDODSSOLDQFHFRQQHFWRU´,'
$IRRWOHQJWKLVUHFRPPHQGHGIRUHDVHRILQVWDOODWLRQ
EXWRWKHUOHQJWKVDUHDFFHSWDEOH1HYHUXVHDQROG
FRQQHFWRUZKHQLQVWDOOLQJDQHZUDQJH
)ODUHXQLRQDGDSWHUIRUFRQQHFWLRQWRJDVVXSSO\OLQH
´RU´137[´,'
)ODUHXQLRQDGDSWHUIRUFRQQHFWLRQWRSUHVVXUHUHJXODWRU
RQUDQJH´137[´,'
/LTXLGOHDNGHWHFWRURUVRDS\ZDWHU
/DJEROWRU´2'VOHHYHDQFKRUIRUFRQFUHWH
IORRUVRQO\
7HIORQ5HJLVWHUHGWUDGHPDUNRI'X3RQW
,I\RXKDYHTXHVWLRQVFDOO*(&$5(6RUYLVLWRXU:HEVLWHDW*($SSOLDQFHVFRP

,QVWDOODWLRQ,QVWUXFWLRQV
:$51,1*
,167$//$7,216$)(7<
,16758&7,216
5HDGWKHVHLQVWUXFWLRQVFRPSOHWHO\DQGFDUHIXOO\
)DLOXUHWRIROORZWKHVHLQVWUXFWLRQVFDQUHVXOWLQ
HOHFWULFDOVKRFNILUHVHULRXVLQMXU\RUGHDWK
,PSURSHULQVWDOODWLRQDGMXVWPHQWDOWHUDWLRQVHUYLFH
RUPDLQWHQDQFHFDQFDXVHLQMXU\RUSURSHUW\
GDPDJH5HIHUWRWKLVPDQXDO)RUDVVLVWDQFHRU
DGGLWLRQDOLQIRUPDWLRQFRQVXOWDTXDOLILHGLQVWDOOHU
VHUYLFHDJHQF\PDQXIDFWXUHUGHDOHURUWKHJDV
VXSSOLHU
1HYHUUHXVHROGIOH[LEOHFRQQHFWRUV7KHXVHRIROG
IOH[LEOHFRQQHFWRUVFDQFDXVHJDVOHDNVDQGSHUVRQDO
LQMXU\$OZD\VXVH1(:IOH[LEOHFRQQHFWRUVZKHQ
LQVWDOOLQJDJDVDSSOLDQFH
/HDNWHVWLQJRIWKHDSSOLDQFHVKDOOEHFRQGXFWHG
DFFRUGLQJWRWKHPDQXIDFWXUHULQVWUXFWLRQV
5HPRYHDOOSDFNLQJPDWHULDODQGOLWHUDWXUHIURPRYHQ
EHIRUHFRQQHFWLQJJDVDQGHOHFWULFDOVXSSO\WRUDQJH
'RQRWDWWHPSWWRRSHUDWHWKHRYHQRIWKLVUDQJH
GXULQJDSRZHUIDLOXUH(OHFWULF,JQLWLRQPRGHOVRQO\
+DYH\RXUUDQJHLQVWDOOHGE\DTXDOLILHGLQVWDOOHU
<RXUUDQJHPXVWEHHOHFWULFDOO\JURXQGHGLQ
DFFRUGDQFHZLWKORFDOFRGHVRULQWKHDEVHQFHRI
ORFDOFRGHVLQDFFRUGDQFHZLWKWKH1DWLRQDO(OHFWULFDO
&RGH$16,1)3$ODWHVWHGLWLRQ,Q&DQDGD
HOHFWULFDOJURXQGLQJPXVWEHLQDFFRUGDQFHZLWKWKH
FXUUHQW&6$&&DQDGLDQ(OHFWULFDO&RGH3DUW
DQGRUORFDOFRGHV6HH(OHFWULFDO&RQQHFWLRQV LQWKLV
VHFWLRQ
%HIRUHLQVWDOOLQJ\RXUUDQJHRQOLQROHXPRUDQ\RWKHU
V\QWKHWLFIORRUFRYHULQJPDNHVXUHWKHIORRUFRYHULQJ
FDQZLWKVWDQG)ZLWKRXWVKULQNLQJZDUSLQJRU
GLVFRORULQJ'RQRWLQVWDOOWKHUDQJHRYHUFDUSHWLQJ
XQOHVVDVKHHWRI´WKLFNSO\ZRRGRUVLPLODU
LQVXODWRULVSODFHGEHWZHHQWKHUDQJHDQGFDUSHWLQJ
0DNHVXUHWKHZDOOFRYHULQJVDURXQGWKHUDQJHFDQ
ZLWKVWDQGKHDWJHQHUDWHGE\WKHUDQJHXSWR)
$YRLGSODFLQJFDELQHWVDERYHWKHUDQJH7RUHGXFH
WKHKD]DUGFDXVHGE\UHDFKLQJRYHUWKHRSHQIODPHV
RIRSHUDWLQJEXUQHUVLQVWDOODYHQWLODWLRQKRRGRYHU
WKHUDQJHWKDWSURMHFWVIRUZDUGDWOHDVW´EH\RQG
WKHIURQWRIWKHFDELQHWV
7KHYHQWLODWLQJKRRGPXVWEHFRQVWUXFWHG
RIVKHHWPHWDOQRWOHVVWKDQ´WKLFN
,QVWDOODERYHWKHFRRNWRSZLWKDFOHDUDQFHRIQRW
OHVVWKDQ´EHWZHHQWKHKRRGDQGWKHXQGHUVLGH
RIWKHFRPEXVWLEOHPDWHULDORUPHWDOFDELQHW7KH
KRRGPXVWEHDWOHDVWDVZLGHDVWKHDSSOLDQFHDQG
FHQWHUHGRYHUWKHDSSOLDQFH&OHDUDQFHEHWZHHQWKH
FRRNLQJVXUIDFHDQGWKHYHQWLODWLRQKRRGVXUIDFH
08671(9(5%(/(667+$1´
(;&(37,21 ,QVWDOODWLRQRIDOLVWHGPLFURZDYHRYHQRU
FRRNLQJDSSOLDQFHRYHUWKHFRRNWRSVKDOOFRQIRUPWR
WKHLQVWDOODWLRQLQVWUXFWLRQVSDFNHGZLWKWKDWDSSOLDQFH
,IFDELQHWVDUHSODFHGDERYHWKHUDQJH
DOORZDPLQLPXPFOHDUDQFHRI´EHWZHHQWKH
FRRNLQJVXUIDFHDQGWKHERWWRPRIXQSURWHFWHG
FDELQHWV
,ID´FOHDUDQFHEHWZHHQFRRNLQJVXUIDFHDQG
RYHUKHDGFRPEXVWLEOHPDWHULDORUPHWDOFDELQHWV
FDQQRWEHPDLQWDLQHGSURWHFWWKHXQGHUVLGHRIWKH
FDELQHWVDERYHWKHFRRNWRSZLWKQRWOHVVWKDQ´
LQVXODWLQJPLOOERDUGFRYHUHGZLWKVKHHWPHWDOQRWOHVV
WKDQ´WKLFN&OHDUDQFHEHWZHHQWKHFRRNLQJ
VXUIDFHDQGSURWHFWHGFDELQHWV08671(9(5%(/(66
7+$1´
7KHYHUWLFDOGLVWDQFHIURPWKHSODQHRIWKHFRRNLQJ
VXUIDFHWRWKHERWWRPRIDGMDFHQWRYHUKHDGFDELQHWV
H[WHQGLQJFORVHUWKDQ´WRWKHSODQHRIWKHUDQJH
VLGHVPXVWQRWEHOHVVWKDQ´6HHWKH'LPHQVLRQV
DQG&OHDUDQFHV LOOXVWUDWLRQLQWKLVVHFWLRQ
&$87,212QO\WKH*(&DIpEUDQGHGVHULHV
RI$GYDQWLXP
RUPLFURZDYHRYHUWKHUDQJHRYHQVDUH
GHVLJQHGWREHLQVWDOOHGDERYHWKH*(&DIpUDQJH6XUIDFHV
DERYHDJDVUDQJHFDQEHFRPHKRW,QVWDOODWLRQRIDQ\RWKHU
RYHUWKHUDQJHRYHQDERYHD*(&DIpUDQJHPD\UHVXOWLQ
VXUIDFHWHPSHUDWXUHVWKDWFDQFDXVHEXUQV

7RFDELQHWVEHORZ
FRRNWRSDQGDW
WKHUDQJHEDFN
7RFDELQHWV
EHORZ
FRRNWRSDQG
DWWKHUDQJH
EDFN
µ
µ
µ
0LQLPXP
µ
0LQLPXP
FOHDUDQFHWR
ULJKWZDOO
0D[LPXP
GHSWKIRU
FDELQHWVDERYH
FRXQWHUWRSV
)URQWHGJHRI
WKHUDQJHVLGH
SDQHOIRUZDUG
IURPFDELQHW
µ
µ
µ
0LQLPXPWR
FDELQHWVRQ
HLWKHUVLGH
RIWKHUDQJH
µ
µ
'HSWKZLWKGRRUFORVHGLQFOXGHVGRRUKDQGOH
'HSWKYDULHVGHSHQGLQJRQPRGHO
6HHVSHFLILFDWLRQVVKHHWIRU\RXUPRGHO
µ
µ
µ
'HSWKZLWKGRRURSHQ
µ
µ
+HLJKW
,QVWDOODWLRQ,QVWUXFWLRQV
3URYLGHDGHTXDWHFOHDUDQFHVEHWZHHQWKHUDQJHDQGDGMDFHQWFRPEXVWLEOHVXUIDFHV7KHVHGLPHQVLRQVPXVWEH
PHWIRUVDIHXVHRI\RXUUDQJH7KHORFDWLRQRIWKHHOHFWULFDORXWOHWDQGSLSHRSHQLQJVHH*DV3LSHDQG(OHFWULF
2XWOHW/RFDWLRQVPD\EHDGMXVWHGWRPHHWVSHFLILFUHTXLUHPHQWV
7KHUDQJHPD\EHSODFHGZLWK´FOHDUDQFHIOXVKDWWKHEDFNZDOO
',0(16,216$1'&/($5$1&(6
µ
0LQLPXP
FOHDUDQFH
WROHIWZDOO
µ
0RGHOV3*%
3*%3*%
3*%3*%
-*%-*%
-*%-*%
-*%DQG-*%
UHTXLUHRQO\
PLQLPXPFOHDUDQFH
WROHIWZDOO
µ

,QVWDOODWLRQ,QVWUXFWLRQV
',0(16,216$1'&/($5$1&(60RGHOV&*6
RQO\
øµ
'HSWKZLWKGRRUFORVHG
LQFOXGHVGRRUKDQGOH
µ
µ
µ
'HSWKZLWKGRRURSHQ
øµ
øµ
+HLJKWWREDFNJXDUGEDVHGRQ
&DIpVW\OHEDFNJXDUGNLWLQVWDOOHG

,QVWDOODWLRQ,QVWUXFWLRQV
/2&$7,21
'RQRWORFDWHWKHUDQJHZKHUHLWPD\EHVXEMHFWWR
VWURQJGUDIWV$Q\RSHQLQJVLQWKHIORRURUZDOOEHKLQG
WKHUDQJHVKRXOGEHVHDOHG0DNHVXUHWKHRSHQLQJV
DURXQGWKHEDVHRIWKHUDQJHWKDWVXSSO\IUHVKDLU
IRUFRPEXVWLRQDQGYHQWLODWLRQDUHQRWREVWUXFWHG
E\FDUSHWLQJRUZRRGZRUN
<RXUUDQJHOLNHPDQ\RWKHUKRXVHKROGLWHPVLV
KHDY\DQGFDQVHWWOHLQWRVRIWIORRUFRYHULQJVVXFKDV
FXVKLRQHGYLQ\ORUFDUSHWLQJ8VHFDUHZKHQPRYLQJ
WKHUDQJHRQWKLVW\SHRIIORRULQJ,WLVUHFRPPHQGHG
WKDWWKHIROORZLQJVLPSOHDQGLQH[SHQVLYHLQVWUXFWLRQV
EHIROORZHGWRSURWHFW\RXUIORRU
7KHUDQJHVKRXOGEHLQVWDOOHGRQDVKHHWRISO\ZRRG
RUVLPLODUPDWHULDO:KHQWKHIORRUFRYHULQJHQGVDW
WKHIURQWRIWKHUDQJHWKHDUHDWKDWWKHUDQJHZLOOUHVW
RQVKRXOGEHEXLOWXSZLWKSO\ZRRGWRWKHVDPHOHYHORU
KLJKHUWKDQWKHIORRUFRYHULQJ
7KLVZLOODOORZWKHUDQJHWREHPRYHGIRUFOHDQLQJ
RUVHUYLFLQJ$OVRPDNHVXUH\RXUIORRUFRYHULQJZLOO
ZLWKVWDQG)6HHWKH,QVWDOODWLRQ6DIHW\,QVWUXFWLRQV
VHFWLRQ
0DNHVXUHWKHZDOOFRYHULQJVDURXQG\RXUUDQJHFDQ
ZLWKVWDQGWKHKHDWJHQHUDWHGXSWR)E\WKH
UDQJH6HHWKH,QVWDOODWLRQ6DIHW\,QVWUXFWLRQV VHFWLRQ
,03257$17
5HPRYHDOOWDSHDQGSDFNDJLQJ0DNHVXUHWKHEXUQHUV
DUHSURSHUO\VHDWHGDQGOHYHO
7DNHWKHDFFHVVRU\SDFNRXWRIWKHRYHQDQGRUGUDZHU
&KHFNWREHVXUHWKDWQRUDQJHSDUWVKDYHFRPHORRVH
GXULQJVKLSSLQJ
&219(57,1*72/3*$6
RUFRQYHUWLQJ
EDFNWRQDWXUDOJDVIURP/3
7KLVUDQJHOHDYHVWKHIDFWRU\VHWIRUXVHZLWKQDWXUDO
JDV,I\RXZDQWWRFRQYHUWWR/3JDVWKHFRQYHUVLRQ
PXVWEHSHUIRUPHGE\DTXDOLILHG/3JDVLQVWDOOHU
7KHFRQYHUVLRQLQVWUXFWLRQVDQG/3RULILFHVFDQEHIRXQG
DWWDFKHGWRWKHUDQJHQH[WWRWKHSUHVVXUHUHJXODWRU
.HHSWKHVHLQVWUXFWLRQVDQGWKHRULILFHVLQFDVH\RXZDQW
WRFRQYHUWEDFNWRQDWXUDOJDV

<RXUUDQJHLVGHVLJQHGWRRSHUDWHDWDSUHVVXUHRIµ
RIZDWHUFROXPQRQQDWXUDOJDVRULIGHVLJQHGIRU/3JDV
SURSDQHRUEXWDQHµRIZDWHUFROXPQ
0DNHVXUH\RXDUHVXSSO\LQJ\RXUUDQJHZLWKWKHW\SH
RIJDVIRUZKLFKLWLVGHVLJQHG
7KLVUDQJHLVFRQYHUWLEOHIRUXVHRQQDWXUDORU
SURSDQHJDV,I\RXGHFLGHWRXVHWKLVUDQJHRQ/3JDV
FRQYHUVLRQPXVWEHPDGHE\DTXDOLILHG/3LQVWDOOHU
EHIRUHDWWHPSWLQJWRRSHUDWHWKHUDQJHRQWKDWJDV
)RUSURSHURSHUDWLRQWKHSUHVVXUHRIQDWXUDOJDVVXSSOLHG
WRWKHUHJXODWRUPXVWEHEHWZHHQ´DQG´RIZDWHU
FROXPQ
)RU/3JDVWKHSUHVVXUHVXSSOLHGPXVWEHEHWZHHQ´
DQG´RIZDWHUFROXPQ
:KHQFKHFNLQJIRUSURSHURSHUDWLRQRIWKHUHJXODWRU
WKHLQOHWSUHVVXUHPXVWEHDWOHDVWJUHDWHUWKDQWKH
RSHUDWLQJPDQLIROGSUHVVXUHDVJLYHQDERYH
7KHSUHVVXUHUHJXODWRUORFDWHGDWWKHLQOHWRIWKHUDQJH
PDQLIROGPXVWUHPDLQLQWKHVXSSO\OLQHUHJDUGOHVVRI
ZKHWKHUQDWXUDORU/3JDVLVEHLQJXVHG
$IOH[LEOHPHWDODSSOLDQFHFRQQHFWRUXVHGWRFRQQHFWWKH
UDQJHWRWKHJDVVXSSO\OLQHVKRXOGKDYHDQ,'RI´
DQGEHIHHWLQOHQJWKIRUHDVHRILQVWDOODWLRQ,Q&DQDGD
IOH[LEOHFRQQHFWRUVPXVWEHVLQJOHZDOOPHWDOFRQQHFWRUV
QRORQJHUWKDQIHHWLQOHQJWK
,QVWDOODWLRQ,QVWUXFWLRQV
3529,'($'(48$7(*$66833/<
&211(&77+(5$1*(72*$6
6KXWRIIWKHPDLQJDVVXSSO\YDOYHEHIRUHGLVFRQQHFWLQJ
WKHROGUDQJHDQGOHDYHLWRIIXQWLOWKHQHZKRRNXS
KDVEHHQFRPSOHWHG'RQ·WIRUJHWWRUHOLJKWWKHSLORWRQ
RWKHUJDVDSSOLDQFHVZKHQ\RXWXUQWKHJDVEDFNRQ
%HFDXVHKDUGSLSLQJUHVWULFWVPRYHPHQWRIWKHUDQJH
WKHXVHRID&6$,QWHUQDWLRQDOFHUWLILHGIOH[LEOHPHWDO
DSSOLDQFHFRQQHFWRULVUHFRPPHQGHGXQOHVVORFDOFRGHV
UHTXLUHDKDUGSLSHGFRQQHFWLRQ
1HYHUXVHDQROGFRQQHFWRUZKHQLQVWDOOLQJDQHZUDQJH
,IWKHKDUGSLSLQJPHWKRGLVXVHG\RXPXVWFDUHIXOO\DOLJQ
WKHSLSHWKHUDQJHFDQQRWEHPRYHGDIWHUWKHFRQQHFWLRQ
LVPDGH
7RSUHYHQWJDVOHDNVSXWSLSHMRLQWFRPSRXQGRQRUZUDS
SLSHWKUHDGWDSHZLWK7HIORQDURXQGDOOPDOHH[WHUQDO
SLSHWKUHDGV
$,QVWDOODPDQXDOJDVOLQHVKXWRIIYDOYHLQWKHJDVOLQHLQ
DQHDVLO\DFFHVVHGORFDWLRQRXWVLGHRIWKHUDQJH0DNH
VXUHHYHU\RQHRSHUDWLQJWKHUDQJHNQRZVZKHUHDQG
KRZWRVKXWRIIWKHJDVVXSSO\WRWKHUDQJH
%,QVWDOOPDOH´IODUHXQLRQDGDSWHUWRWKH´137
LQWHUQDOWKUHDGDWLQOHWRIUHJXODWRU8VHDEDFNXS
ZUHQFKRQWKHUHJXODWRUILWWLQJWRDYRLGGDPDJH
:KHQLQVWDOOLQJWKHUDQJHIURPWKHIURQWUHPRYH
WKHHOERZIRUHDVLHULQVWDOODWLRQ
&,QVWDOOPDOH´RU´IODUHXQLRQDGDSWHUWRWKH
137LQWHUQDOWKUHDGRIWKHPDQXDOVKXWRIIYDOYH
WDNLQJFDUHWREDFNXSWKHVKXWRIIYDOYHWRNHHSLW
IURPWXUQLQJ
'&RQQHFWIOH[LEOHPHWDODSSOLDQFHFRQQHFWRUWRWKH
DGDSWHURQWKHUDQJH3RVLWLRQUDQJHWRSHUPLW
FRQQHFWLRQDWWKHVKXWRIIYDOYH
(:KHQDOOFRQQHFWLRQVKDYHEHHQPDGHPDNHVXUH
DOOUDQJHFRQWUROVDUHLQWKHRIISRVLWLRQDQGWXUQRQWKH
PDLQJDVVXSSO\YDOYH8VHDOLTXLGOHDNGHWHFWRUDWDOO
MRLQWVDQGFRQQHFWLRQVWRFKHFNIRUOHDNVLQWKHV\VWHP
:$51,1*)LUHKD]DUG'RQRWXVH
DIODPHWRFKHFNIRUJDVOHDNV
:KHQXVLQJWHVWSUHVVXUHVJUHDWHUWKDQSVLJWR
SUHVVXUHWHVWWKHJDVVXSSO\V\VWHPRIWKHUHVLGHQFH
GLVFRQQHFWWKHUDQJHDQGLQGLYLGXDOVKXWRIIYDOYHIURP
WKHJDVVXSSO\SLSLQJ:KHQXVLQJWHVWSUHVVXUHVRI
SVLJRUOHVVWRWHVWWKHJDVVXSSO\V\VWHPVLPSO\LVRODWH
WKHUDQJHIURPWKHJDVVXSSO\V\VWHPE\FORVLQJWKH
LQGLYLGXDOVKXWRIIYDOYH
7HIORQ5HJLVWHUHGWUDGHPDUNRI'X3RQW

,QVWDOODWLRQ,QVWUXFWLRQV
*$63,3($1'(/(&75,&$/287/(7/2&$7,216
5HFRPPHQGHGDUHDIRU9
RXWOHWRQUHDUZDOODQGDUHDIRU
WKURXJKWKHZDOOFRQQHFWLRQRI
SLSHVWXEDQGVKXWRIIYDOYH
5HFRPPHQGHGDUHD
IRUWKURXJKWKHIORRU
FRQQHFWLRQRISLSHVWXE
DQGVKXWRIIYDOYH
&$87,217RSUHYHQW
GUDIWVIURPDIIHFWLQJEXUQHU
RSHUDWLRQVHDODOORSHQLQJVLQIORRU
DQGZDOO

,QVWDOODWLRQ,QVWUXFWLRQV
3UHVVXUH
UHJXODWRU
*
DV)ORZLQWR5DQJH
)OH[
FRQQHFWRU
IWPD[
$GDSWHU
,QVWDOOHU,QIRUP
WKHFRQVXPHURI
WKHORFDWLRQRIWKH
JDVVKXWRIIYDOYH
´RU´
*DVSLSH
$GDSWHU
*DV
VKXWRII
YDOYH
*DV
VKXWRII
YDOYH
´RU´
*DVSLSH
*DV)ORZLQWR5DQJH
3UHVVXUH
UHJXODWRU
1LSSOH
(OERZ
(OERZ
$GDSWHU
$GDSWHU
(OERZ
4XLFNFRQQHFW
RUXQLRQ
,QVWDOOHU,QIRUPWKH
FRQVXPHURIWKH
ORFDWLRQRIWKHJDV
VKXWRIIYDOYH
$OWHUQDWH+RRNXS
1LSSOH
1LSSOH
(OERZ
3UHVVXUH
UHJXODWRU
(OERZ
1LSSOH
8QLRQ
(OERZ
%ODFN
LURQSLSH
8QLRQ
1LSSOH
,QVWDOOHU,QIRUP
WKHFRQVXPHURI
WKHORFDWLRQRIWKH
JDVVKXWRIIYDOYH
*DV)ORZLQWR5DQJH
*DV
VKXWRII
YDOYH
´RU´
*DVSLSH
)/(;,%/(&211(&725+22.83
5,*,'3,3(+22.83237,216

,QVWDOODWLRQ,QVWUXFWLRQV
(/(&75,&$/&211(&7,216
(OHFWULFDO5HTXLUHPHQWV
YROW+HUW]SURSHUO\JURXQGHGGHGLFDWHGFLUFXLW
SURWHFWHGE\DDPSRUDPSFLUFXLWEUHDNHURUWLPH
GHOD\IXVH
1RWH8VHRIDXWRPDWLFZLUHOHVVRUZLUHGH[WHUQDO
VZLWFKHVWKDWVKXWRIISRZHUWRWKHDSSOLDQFHDUHQRW
UHFRPPHQGHGIRUWKLVSURGXFW
*URXQGLQJ
:$51,1*6KRFN+D]DUG7KLV
DSSOLDQFHPXVWEHSURSHUO\JURXQGHG)DLOXUH
WRGRVRFDQUHVXOWLQHOHFWULFVKRFN
7KHSRZHUFRUGRIWKLVDSSOLDQFHLVHTXLSSHGZLWKD
WKUHHSURQJJURXQGLQJSOXJZKLFKPDWHVZLWKDVWDQGDUG
WKUHHSURQJJURXQGLQJZDOOUHFHSWDFOHWRPLQLPL]HWKH
SRVVLELOLW\RIHOHFWULFVKRFNKD]DUGIURPWKLVDSSOLDQFH
7KHFXVWRPHUVKRXOGKDYHWKHZDOOUHFHSWDFOHDQGFLUFXLW
FKHFNHGE\DTXDOLILHGHOHFWULFLDQWRPDNHVXUHWKH
UHFHSWDFOHLVSURSHUO\JURXQGHG
:KHUHDVWDQGDUGWZRSURQJZDOOUHFHSWDFOHLV
HQFRXQWHUHGLWLVWKHSHUVRQDOUHVSRQVLELOLW\DQG
REOLJDWLRQRIWKHFXVWRPHUWRKDYHLWUHSODFHGZLWKD
SURSHUO\JURXQGHGWKUHHSURQJZDOOUHFHSWDFOH
'212781'(5$1<&,5&8067$1&(6&87255(029(
7+(7+,5'*5281'3521*)5207+(32:(5&25'
'212786($1$'$37(5'212786($1(;7(16,21
&25'
$ZRUGDERXW*)&,·V²*)&,·VDUHQRWUHTXLUHGRU
UHFRPPHQGHGIRUJDVUDQJHUHFHSWDFOHV
*URXQG)DXOW&LUFXLW,QWHUUXSWHUV*)&,·VDUHGHYLFHVWKDW
VHQVHOHDNDJHRIFXUUHQWLQDFLUFXLWDQGDXWRPDWLFDOO\
VZLWFKRIISRZHUZKHQDWKUHVKROGOHDNDJHOHYHOLV
GHWHFWHG7KHVHGHYLFHVPXVWEHPDQXDOO\UHVHWE\WKH
FRQVXPHU7KH1DWLRQDO(OHFWULFDO&RGHUHTXLUHVWKHXVHRI
*)&,·VLQNLWFKHQUHFHSWDFOHVLQVWDOOHGWRVHUYHFRXQWHUWRS
VXUIDFHV3HUIRUPDQFHRIWKHUDQJHZLOOQRWEHDIIHFWHG
LIRSHUDWHGRQD*)&,SURWHFWHGFLUFXLWEXWRFFDVLRQDO
QXLVDQFHWULSSLQJRIWKH*)&,EUHDNHULVSRVVLEOH
(QVXUHSURSHUJURXQG
H[LVWVEHIRUHXVH
6($/7+(23(1,1*6
6HDODQ\RSHQLQJVLQWKHZDOOEHKLQGWKHUDQJHDQGLQWKH
IORRUXQGHUWKHUDQJHZKHQKRRNXSVDUHFRPSOHWHG
$66(0%/(685)$&(%851(56
$
%XUQHU+HDGVRQVRPHPRGHOV
3ODFHEXUQHU
KHDGVRYHU
WKHHOHFWURGHV
RQWKH
FRRNWRSLQ
WKHFRUUHFW
ORFDWLRQV
DFFRUGLQJWR
WKHLUVL]H
%
2YDO&HQWHU%XUQHU+HDG&DS$VVHPEO\
3ODFHWKHRYDOFHQWHUKHDGFDSDVVHPEO\RYHUWKH
HOHFWURGHRQWKHFRRNWRS
&
&DSV
3ODFHWKHPDWFKLQJVL]HFDSVRQWRWKHEXUQHUEDVHV
RUKHDGV
0DNHVXUHWKDWWKHKHDGVRQVRPHPRGHOVDQGFDSV
DUHUHSODFHGLQWKHFRUUHFWORFDWLRQV
)URQWRIUDQJH
RQVRPHPRGHOV
7ULSOHIODPHKHDG
RQVRPHPRGHOV
6ORW
(OHFWURGH
RU
0DNHVXUHWKHVORWLQWKH
EXUQHUKHDGLVSRVLWLRQHG
RYHUWKHHOHFWURGH
)URQWULJKWEXUQHU
RQVRPHPRGHOV
+ROH
(OHFWURGH
(OHFWURGH
6ORW
)URQWRIUDQJH
2YDOKHDGDQGFDS
DVVHPEO\
0DNHVXUHWKHVORWLQWKH
EXUQHUKHDGLVSRVLWLRQHG
RYHUWKHHOHFWURGH
)URQWRIUDQJH
7ULULQJFDS
RQVRPHPRGHOV
RQVRPHPRGHOV

$66(0%/(685)$&(%851(56
&217
'
*UDWHV
3ODFHWKHOHIWULJKWDQGFHQWHUJUDWHVRQWKHFRRNWRS
7KHVHJUDWHVDUHSRVLWLRQVSHFLILF7KHXQGHUVLGHVRI
WKHOHIWDQGULJKWJUDWHVDUHPDUNHG´/()7)5217µDQG
´5,*+7)5217µ2QVRPHPRGHOVWKHXQGHUVLGHRIWKH
JUDWHVDUHPDUNHG´2XWVLGHµ3ODFHWKHPLGGOHJUDWH
ZLWKLWVERZHGIURQWWRZDUGWKHIURQWRIWKHUDQJH
&$87,21
'RQRWRSHUDWHWKHEXUQHU
ZLWKRXWDOOEXUQHUSDUWVLQSODFH
,QVWDOODWLRQ,QVWUXFWLRQV
/HIW)URQW
5LJKW)URQW
&HQWHU
&+(&.,*1,7,212)685)$&(
%851(56
2SHUDWLRQRIDOOFRRNWRSDQGRYHQEXUQHUVVKRXOGEH
FKHFNHGDIWHUWKHUDQJHDQGJDVVXSSO\OLQHVKDYHEHHQ
FDUHIXOO\FKHFNHGIRUOHDNV
(OHFWULF,JQLWLRQ0RGHOV
6HOHFWDWRSEXUQHUNQREDQGVLPXOWDQHRXVO\SXVK
LQDQGWXUQWR/,7(SRVLWLRQ<RXZLOOKHDUDFOLFNLQJVRXQG
LQGLFDWLQJSURSHURSHUDWLRQRIWKHVSDUNPRGXOH2QFHWKH
DLUKDVEHHQSXUJHGIURPWKHVXSSO\OLQHVEXUQHUVVKRXOG
OLJKWZLWKLQVHFRQGV$IWHUEXUQHUOLJKWVURWDWHNQRERXW
RIWKH/,7( SRVLWLRQ7U\HDFKEXUQHULQVXFFHVVLRQXQWLODOO
EXUQHUVKDYHEHHQFKHFNHG
4XDOLW\RI)ODPHV
7KHFRPEXVWLRQTXDOLW\RIEXUQHUIODPHVQHHGVWREH
GHWHUPLQHGYLVXDOO\
,IEXUQHUIODPHVORRNOLNH$FDOOIRUVHUYLFH1RUPDO
EXUQHUIODPHVVKRXOGORRNOLNH%RU&GHSHQGLQJRQ
WKHW\SHRIJDV\RXXVH
:LWK/3JDVVRPH\HOORZWLSSLQJRQRXWHUFRQHV
LVQRUPDO
&+(&.,*1,7,212)29(1%851(5
7KHRYHQLVGHVLJQHGWRRSHUDWHTXLHWO\DQG
DXWRPDWLFDOO\7RRSHUDWHWKHRYHQSUHVVWKH%DNHSDG
DQGWKHQSUHVVWKHQXPEHUSDGVXQWLO DSSHDUVLQ
WKHGLVSOD\7RXFKWKH6WDUW SDG$IWHU²VHFRQGV
WKHRYHQEXUQHUZLOOLJQLWHDQGEXUQXQWLOWKHVHW
WHPSHUDWXUHLVUHDFKHG7KHRYHQEXUQHUZLOOFRQWLQXH
WRF\FOHRQDQGRIIDVQHFHVVDU\WRPDLQWDLQWKHRYHQDW
WKHWHPSHUDWXUHLQGLFDWHGE\WKHGLVSOD\
7RFKHFNLJQLWLRQRIWKHEURLOEXUQHUWRXFKWKH%URLO+L
/RSDGDQGWKHQWKH6WDUW SDG$IWHU²VHFRQGVWKH
EURLOEXUQHUZLOOLJQLWH
(OHFWULFLJQLWLRQPRGHOVUHTXLUHHOHFWULFDOSRZHUWR
RSHUDWH,QFDVHRIDSRZHURXWDJHWKHRYHQEXUQHUVRQ
WKHVHPRGHOVFDQQRWEHOLWPDQXDOO\ZLWKDPDWFK*DV
ZLOOQRWIORZXQOHVVWKHJORZEDULVKRW
,IWKHRYHQLVLQXVHZKHQDSRZHURXWDJHRFFXUVWKH
EXUQHUZLOOVKXWRIIDQGFDQQRWEHUHOLWXQWLOSRZHULV
UHVWRUHG
&6RIWEOXH
IODPHV³1RUPDO
IRUQDWXUDOJDV
%<HOORZWLSV
RQRXWHUFRQHV³
1RUPDOIRU/3JDV
$<HOORZIODPHV³
&DOOIRUVHUYLFH

7RUHPRYHWKHRYHQERWWRP
$5HPRYHWKHVFUHZVKROGLQJGRZQUHDURIWKHRYHQ
ERWWRP
%*UDVSWKHRYHQERWWRPDWILQJHUVORWVRQHDFKVLGH
&/LIWWKHUHDURIWKHRYHQERWWRPHQRXJKWRFOHDUWKH
OLSRIWKHUDQJHIUDPHSXVKLWEDFNDQGWKHQSXOOLWXS
DQGRXW
,QVWDOODWLRQ,QVWUXFWLRQV
$'-867%52,/$1'29(1%851(5
$,5$'-8670(176+877(5
,)1(&(66$5<
$LUDGMXVWPHQWVKXWWHUVIRUWKHWRSDQGERWWRPEXUQHUV
UHJXODWHWKHIORZRIDLUWRWKHIODPHV
7KHDLUDGMXVWPHQWVKXWWHUIRUWKHWRSEURLOEXUQHULVLQ
WKHFHQWHURIWKHUHDUZDOORIWKHRYHQ
7KHVKXWWHUIRUWKHERWWRPRYHQEXUQHULVQHDUWKHEDFN
ZDOOEHKLQGWKHZDUPLQJGUDZHU5HPRYHWKHGUDZHU6HH
WKH&DUHDQGFOHDQLQJRIWKHUDQJH VHFWLRQ
7RDGMXVWWKHIORZRIDLUWRHLWKHUEXUQHUORRVHQWKH
3KLOOLSVKHDGVFUHZDQGURWDWHWKHVKXWWHUWRZDUGRSHQ
RUFORVHGSRVLWLRQDVQHHGHG
7KHIODPHVIRUWKHWRSEURLOEXUQHUVKRXOGEHVWHDG\ZLWK
DSSUR[LPDWHO\´EOXHFRQHVDQGVKRXOGQRWH[WHQGRXW
RYHUWKHHGJHVRIWKHEXUQHUEDIIOH
7RGHWHUPLQHLIWKHERWWRPEXUQHUIODPHVDUHEXUQLQJ
SURSHUO\UHPRYHWKHRYHQERWWRP)ODPHVVKRXOGKDYH
DSSUR[LPDWHO\´EOXHFRQHVDQGLIUDQJHLVVXSSOLHG
ZLWKQDWXUDOJDVVKRXOGEXUQZLWKQR\HOORZWLSSLQJ
:LWKPRVW/3JDVVPDOO\HOORZWLSVDWWKHHQGRIRXWHU
FRQHVDUHQRUPDO)ODPHVVKRXOGQRWOLIWRIIEXUQHUSRUWV
,IOLIWLQJLVREVHUYHGJUDGXDOO\UHGXFHDLUVKXWWHURSHQLQJ
XQWLOIODPHVDUHVWDELOL]HG
$'-867%52,/$1'29(1%851(5
$,5$'-8670(176+877(5,)
1(&(66$5<
&217
2YHQERWWRP
/(9(/,1*7+(5$1*(
$,QVWDOOWKHRYHQVKHOYHVLQWKHRYHQDQGSRVLWLRQWKH
UDQJHZKHUHLWZLOOEHLQVWDOOHGZLWKIURQWDFFHVVWR
IURQWOHYHOLQJOHJVDQGUHDUDFFHVVWRUHDUOHYHOLQJOHJV
$OOOHJVPXVWEHOHYHOHG%()25(WKHSURGXFWLVLQVWDOOHG
%&KHFNIRUOHYHOQHVVE\SODFLQJDVSLULWOHYHORUDFXS
SDUWLDOO\ILOOHGZLWKZDWHURQRQHRIWKHRYHQVKHOYHV
,IXVLQJDVSLULWOHYHOWDNHWZRUHDGLQJV³ZLWKWKHOHYHO
SODFHGGLDJRQDOO\ILUVWLQRQHGLUHFWLRQDQGWKHQWKHRWKHU
&5HPRYHWKHGUDZHURQVRPHPRGHOV6HHWKH&DUHDQG
FOHDQLQJRIWKHUDQJHVHFWLRQ7KHIURQWOHYHOLQJOHJVFDQ
EHDGMXVWHGIURPWKHERWWRPDQGWKHUHDUOHJVFDQEH
DGMXVWHGIURPWKHWRSRQVRPHPRGHOVRUWKHERWWRP
'8VHDQRSHQHQGRUDGMXVWDEOHZUHQFKWRDGMXVWWKH
OHYHOLQJOHJVXQWLOWKHUDQJHLVOHYHO
:$51,1*1HYHUFRPSOHWHO\UHPRYH
WKHOHYHOLQJOHJDVWKHUDQJHZLOOQRWEHVHFXUHGWRWKH
DQWLWLSGHYLFHSURSHUO\
($IWHUOHYHOLQJWKHXQLWVOLGHLWLQWRILQDOSRVLWLRQDQG
YHULI\OHYHOQHVV
)$IWHUWKHUDQJHLVOHYHOVOLGHWKHUDQJHDZD\IURPWKH
ZDOOVRWKDWWKH$QWL7LSGHYLFHFDQEHLQVWDOOHG
/HJ
OHYHOHU
/RZHU
UDQJH
5DLVH
UDQJH
RQVRPHPRGHOV
5DLVH
UDQJH
/RZHU
UDQJH
RQVRPHPRGHOV
$LUDGMXVWPHQW
VKXWWHU
/RRVHQ
$LU
DGMXVWPHQWVKXWWHU
/RRVHQ

,QVWDOODWLRQ,QVWUXFWLRQV
,167$//,1*7+($17,7,3'(9,&(
:+(1$//+22.836$5(&203/(7('
0DNHVXUHDOOFRQWUROVDUHOHIWLQWKHRIISRVLWLRQ
0DNHVXUHWKHIORZRIFRPEXVWLRQDQGYHQWLODWLRQDLU
WRWKHUDQJHLVXQREVWUXFWHG
:$51,1*
$17,7,3'(9,&(
$OOUDQJHVFDQWLS
%8516RURWKHU6(5,286,1-85,(6
FDQUHVXOW
,167$//DQG&+(&.WKH
DQWLWLSEUDFNHWIROORZLQJWKH
LQVWUXFWLRQVVXSSOLHGZLWKWKHEUDFNHW
7RUHGXFHWKHULVNRIWLSSLQJWKHUDQJHWKHUDQJHPXVW
EHVHFXUHGE\DSURSHUO\LQVWDOOHGDQWLWLSEUDFNHW)ROORZ
WKHLQVWUXFWLRQVSDFNDJHGZLWKWKHEUDFNHW
7RFKHFNLIWKHEUDFNHWLVLQVWDOOHGDQGHQJDJHG
SURSHUO\ORRNXQGHUQHDWKWKHUDQJHWRVHHWKDWWKH
UHDUOHYHOLQJOHJLVHQJDJHGLQWKHEUDFNHW2QVRPH
PRGHOVWKHVWRUDJHGUDZHURUNLFNSDQHOFDQEH
UHPRYHGIRUHDV\LQVSHFWLRQ,IYLVXDOLQVSHFWLRQLVQRW
SRVVLEOHVOLGHWKHUDQJHIRUZDUGFRQILUPWKHDQWLWLS
EUDFNHWLVVHFXUHO\DWWDFKHGWRWKHIORRURUZDOODQG
VOLGHWKHUDQJHEDFNVRWKHUHDUOHYHOLQJOHJLVXQGHU
WKHDQWLWLSEUDFNHW
,IWKHUDQJHLVSXOOHGIURPWKHZDOOIRUDQ\UHDVRQDOZD\V
UHSHDWWKLVSURFHGXUHWRYHULI\WKHUDQJHLVSURSHUO\
VHFXUHGE\WKHDQWLWLSEUDFNHW
,I\RXUUDQJHKDVQRDQWLWLSEUDFNHWFDOO
WRUHFHLYHRQHDWQRFRVW

3UREOHP 3RVVLEOH&DXVHV :KDW7R'R
3OXJRQUDQJHLVQRWFRPSOHWHO\ 0DNHVXUHHOHFWULFDOSOXJLVSOXJJHGLQWRDOLYHSURSHUO\
LQVHUWHGLQWKHHOHFWULFDORXWOHW JURXQGHGRXWOHW
%XUQHUVOLWVRQWKHVLGHRIWKH 5HPRYHWKHEXUQHUVDQGFOHDQWKHP&KHFNWKH
EXUQHUPD\EHFORJJHG HOHFWURGHDUHDIRUEXUQHGRQIRRGRUJUHDVH6HH
WKH&DUHDQGFOHDQLQJRIWKHUDQJHVHFWLRQ
,PSURSHUEXUQHUDVVHPEO\ 0DNHVXUHWKHEXUQHUSDUWVDUHLQVWDOOHGFRUUHFWO\
6HHWKH&DUHDQGFOHDQLQJRIWKHUDQJHVHFWLRQ
%XUQHUIODPHVYHU\ ,PSURSHUDLUWRJDVUDWLR ,IUDQJHLVFRQQHFWHGWR/3JDVFRQWDFWWKHSHUVRQ
ODUJHRU\HOORZ ZKRLQVWDOOHG\RXUUDQJHRUPDGHWKHFRQYHUVLRQ
6XUIDFHEXUQHUVOLJKW 7KHRYHQJDVVKXWRIIYDOYH 7RFKHFNWKHRYHQJDVVKXWRIIYDOYHUHPRYHWKH
EXWRYHQGRHVQRW PD\KDYHDFFLGHQWDOO\EHHQ GUDZHUVHHWKH&DUHDQGFOHDQLQJRIWKHUDQJH
PRYHGGXULQJFOHDQLQJRU VHFWLRQ)RUORZHURYHQGUDZHUPRGHOVUHPRYHWKH
PRYLQJ UHDUDFFHVVSDQHOE\XQVFUHZLQJWKHWKXPEVFUHZV
LQWKHXSSHUOHIWDQGULJKWFRUQHUV/RRNIRUWKHJDV
VKXWRIIOHYHUDWWKHEDFNRIWKHUDQJH
&RQWUROVLJQDOVDIWHU <RXIRUJRWWRHQWHUDEDNH 7RXFKWKH%DNHSDGDQGGHVLUHGWHPSHUDWXUH
HQWHULQJFRRNLQJWLPH WHPSHUDWXUHRUFOHDQLQJWLPH RUWKH6HOI&OHDQSDGDQGGHVLUHGFOHDQWLPH
RUVWDUWWLPH
)RRGGRHVQRWEDNHRU
2YHQFRQWUROVLPSURSHUO\VHW 6HHWKH8VLQJWKHXSSHURYHQVHFWLRQ
URDVWSURSHUO\LQWKH
6KHOISRVLWLRQLVLQFRUUHFW 6HHWKH8VLQJWKHXSSHURYHQVHFWLRQ
XSSHURYHQ
,QFRUUHFWFRRNZDUHRUFRRNZDUH 6HHWKH8VLQJWKHXSSHURYHQVHFWLRQ
RILPSURSHUVL]HEHLQJXVHG
2YHQWKHUPRVWDWQHHGV 6HHWKH$GMXVWWKHXSSHURYHQWKHUPRVWDW³'RLW
DGMXVWPHQW\RXUVHOIVHFWLRQ
&ORFNQRWVHWFRUUHFWO\ 6HHWKH8VLQJWKHFORFNDQGWLPHUVHFWLRQ
$OXPLQXPIRLOXVHGLPSURSHUO\ 6HHWKH&DUHDQGFOHDQLQJRIWKHUDQJHVHFWLRQ
LQWKHRYHQ
2YHQERWWRPQRWVHFXUHO\ 6HHWKH,QVWDOODWLRQRIWKHUDQJH VHFWLRQ
VHDWHGLQSRVLWLRQ
%XUQHUVGRQRWOLJKW *DV&RQWURO/RFNRXWIHDWXUH $OORZWKHUDQJHWRFRROGRZQDQGWRXFKDQGKROGWKH
LVDFWLYDWHG*DV&RQWURO/RFNRXWSDGRQVRPHPRGHOVIRUVHFRQGV
XQWLOWKHGLVSOD\VKRZV/2&2))
3OXJRQUDQJHLVQRW 0DNHVXUHHOHFWULFDOSOXJLVSOXJJHGLQWRDOLYHSURSHUO\
FRPSOHWHO\LQVHUWHGLQWKH JURXQGHGRXWOHW
HOHFWULFDORXWOHW
*DVVXSSO\QRWFRQQHFWHG 6HHWKH,QVWDOODWLRQ,QVWUXFWLRQVWKDWFDPHZLWK\RXU
RUWXUQHGRQ UDQJH
%ULGJHEXUQHUZRQ·WOLJKW 6HH+RZWR/LJKW%ULGJH%XUQHUIRU0RGHO3*%VHFWLRQ
7URXEOHVKRRWLQJ7LSV
6DYHWLPHDQGPRQH\5HYLHZWKHFKDUWVRQWKHIROORZLQJ
SDJHVILUVWDQG\RXPD\QRWQHHGWRFDOOIRUVHUYLFH
%HIRUH\RXFDOOIRUVHUYLFH« *($SSOLDQFHVFRP
7RSEXUQHUVGRQRWOLJKW
RUGRQRWEXUQHYHQO\
7KHIURQWULJKWEXUQHULV
GHVLJQHGWRKDYHVOLJKWO\
VPDOOHUIODPHVEHWZHHQ
WKHDQGR·FORFN
SRVLWLRQV7KLVLVQRUPDO
/HYHULV
VKRZQFORVHG
38//7223(1
6HDOHGEXUQHUPRGHOV
7KXPEVFUHZV
/RZHURYHQGUDZHUPRGHOV

7URXEOHVKRRWLQJ7LSV
3UREOHP 3RVVLEOH&DXVHV :KDW7R'R
%XUQHUVGRQRWOLJKW $IXVHLQ\RXUKRPHPD\EH 5HSODFHWKHIXVHRUUHVHWWKHFLUFXLWEUHDNHU
FRQW EORZQRUWKHFLUFXLWEUHDNHU
WULSSHG
%XUQHUSDUWVQRWUHSODFHG 6HHWKH&DUHDQGFOHDQLQJRIWKHUDQJHVHFWLRQ
FRUUHFWO\
*DV&RQWURO/RFNRXW ,I/2&21DSSHDUVLQWKHGLVSOD\WKHUDQJHFRQWUROLV
RU&RQWURO/RFNRXW ORFNHG7XUQWKLVIHDWXUHRIIWRXVHWKHUDQJH6HHWKH
IHDWXUHLVDFWLYDWHG *DV&RQWURO/RFNRXWRU&RQWURO/RFNRXWVHFWLRQ
)RRGGRHVQRWEURLO 2YHQFRQWUROVLPSURSHUO\VHW 0DNHVXUH\RXWRXFKWKH%URLO+L/R SDG
SURSHUO\LQWKHXSSHURYHQ
2YHQGRRUQRWFORVHG 6HHWKH8VLQJWKHXSSHURYHQVHFWLRQ
,PSURSHUVKHOISRVLWLRQ 6HHWKH%URLOLQJ*XLGH
EHLQJXVHG
)RRGEHLQJFRRNHG )RUEHVWUHVXOWVXVHDSDQGHVLJQHGIRUEURLOLQJ
LQDKRWSDQ 0DNHVXUHLWLVFRRO
&RRNZDUHQRWVXLWHG )RUEHVWUHVXOWVXVHDSDQGHVLJQHGIRUEURLOLQJ
IRUEURLOLQJ
2YHQERWWRPQRWVHFXUHO\ 6HHWKH,QVWDOODWLRQRIWKHUDQJH VHFWLRQ
VHDWHGLQSRVLWLRQ
8SSHURYHQWHPSHUDWXUH 2YHQWKHUPRVWDW 6HHWKH$GMXVWWKHXSSHURYHQWKHUPRVWDW³'RLW
WRRKRWRUWRRFROG QHHGVDGMXVWPHQW\RXUVHOIVHFWLRQ
&ORFNDQGWLPHU 3OXJRQUDQJHLVQRWFRPSOHWHO\ 0DNHVXUHHOHFWULFDOSOXJLVSOXJJHGLQWRDOLYHSURSHUO\
GRQRWZRUN LQVHUWHGLQWKHHOHFWULFDORXWOHW JURXQGHGRXWOHW
$IXVHLQ\RXUKRPHPD\EH 5HSODFHWKHIXVHRUUHVHWWKHFLUFXLWEUHDNHU
EORZQRUWKHFLUFXLWEUHDNHU
WULSSHG
2YHQFRQWUROVLPSURSHUO\VHW 6HHWKH8VLQJWKHFORFNDQGWLPHU VHFWLRQ
8SSHURYHQOLJKWGRHV /LJKWEXOELVORRVHRUGHIHFWLYH 7LJKWHQRUUHSODFHWKHEXOE
QRWZRUN
3OXJRQUDQJHLVQRWFRPSOHWHO\ 0DNHVXUHHOHFWULFDOSOXJLVSOXJJHGLQWRDOLYHSURSHUO\
LQVHUWHGLQWKHHOHFWULFDORXWOHW JURXQGHGRXWOHW
8SSHURYHQZLOOQRW 7KHRYHQWHPSHUDWXUHLVWRR $OORZWKHUDQJHWRFRROWRURRPWHPSHUDWXUHDQG
VHOIFOHDQ KLJKWRVHWDVHOIFOHDQRSHUDWLRQ UHVHWWKHFRQWUROV
2YHQFRQWUROVLPSURSHUO\VHW 6HHWKH8VLQJWKHVHOIFOHDQLQJXSSHURYHQ VHFWLRQ
2QPRGHOVZLWKDGRRUODWFK 0DNHVXUH\RXPRYHWKHGRRUODWFKKDQGOHDOOWKHZD\
WKHRYHQGRRULVQRWLQWKH WRWKHULJKW
ORFNHGSRVLWLRQ
´&UDFNOLQJµRU 7KLVLVWKHVRXQGRIWKH 7KLVLVQRUPDO
´SRSSLQJµVRXQG PHWDOKHDWLQJDQGFRROLQJ
GXULQJERWKWKHFRRNLQJDQG
FOHDQLQJIXQFWLRQV
%HIRUH\RXFDOOIRUVHUYLFH«

*($SSOLDQFHVFRP
3UREOHP 3RVVLEOH&DXVHV :KDW7R'R
([FHVVLYHVPRNLQJ ([FHVVLYHVRLO 7RXFKWKH&OHDU2II SDG2SHQWKHZLQGRZVWR
ULGWKHURRPRIVPRNH:DLWXQWLOWKH/2&.(''225
OLJKWJRHVRII:LSHXSWKHH[FHVVVRLODQGUHVHWWKH
FOHDQF\FOH
2YHQGRRUZLOOQRWRSHQ 2YHQWRRKRW $OORZWKHRYHQWRFRROEHORZORFNLQJWHPSHUDWXUH
DIWHUDFOHDQF\FOH 'RQRWORFNWKHGRRUZLWKWKHGRRUODWFKH[FHSWZKHQ
XVLQJWKHVHOIFOHDQIHDWXUH
2YHQQRWFOHDQDIWHUD 2YHQFRQWUROVQRWSURSHUO\VHW 6HHWKH8VLQJWKHVHOIFOHDQLQJXSSHURYHQ VHFWLRQ
FOHDQF\FOH
2YHQZDVKHDYLO\VRLOHG &OHDQXSKHDY\VSLOORYHUVEHIRUHVWDUWLQJWKHFOHDQ
F\FOH+HDYLO\VRLOHGRYHQVPD\QHHGWRVHOIFOHDQ
DJDLQRUIRUDORQJHUSHULRGRIWLPH
´'RRUµDSSHDUVLQWKH /DWFKKDQGOHZDVPRYHGWRWKH 0RYHWKHODWFKKDQGOHWRWKHULJKWRQO\ZKHQVHWWLQJ
GLVSOD\RQPRGHOV ULJKWEXWDSURJUDPRWKHUWKDQ WKHVHOIFOHDQLQJF\FOH
ZLWKDGRRUODWFK VHOIFOHDQZDVVHOHFWHG
´/2&.'225µIODVKHV 7KHVHOIFOHDQF\FOHKDVEHHQ &ORVHWKHRYHQGRRUDQGRQPRGHOVZLWKDODWFKPRYH
LQWKHGLVSOD\ VHOHFWHGEXWWKHGRRULVQRW WKHODWFKDOOWKHZD\WRWKHULJKW
FORVHGDQGRQPRGHOVZLWKDODWFK
WKHODWFKZDVQRWPRYHGDOOWKH
ZD\WRWKHULJKW
/2&.(''225OLJKW 7KHRYHQGRRULVORFNHG 7RXFKWKH&OHDU2II SDG$OORZWKHRYHQWRFRRO
LVRQZKHQ\RXZDQW EHFDXVHWKHWHPSHUDWXUH DQGWKHQRQPRGHOVZLWKDGRRUODWFKXQORFNWKHGRRU
WRFRRN LQVLGHWKHRYHQKDVQRW
GURSSHGEHORZWKH
ORFNLQJWHPSHUDWXUH
´)³DQGDQXPEHURU 2QPRGHOVZLWKDGRRUODWFK 7KHODWFKPD\KDYHEHHQPRYHGHYHQLIRQO\VOLJKWO\
OHWWHUµIODVKLQWKHGLVSOD\ LIDIXQFWLRQHUURUFRGHDSSHDUV IURPWKHORFNHGSRVLWLRQ0DNHVXUHWKHODWFKLVPRYHG
GXULQJWKHVHOIFOHDQLQJF\FOH WRWKHULJKWDVIDUDVLWZLOOJR
FKHFNWKHRYHQGRRUODWFK
<RXKDYHDIXQFWLRQHUURUFRGH 7RXFKWKH&OHDU2II SDG$OORZWKHRYHQWRFRROIRU
RQHKRXU3XWWKHRYHQEDFNLQWRRSHUDWLRQ
,IWKHIXQFWLRQFRGHUHSHDWV 'LVFRQQHFWDOOSRZHUWRWKHUDQJHIRUPLQXWHV
DQGWKHQUHFRQQHFWSRZHU,IWKHIXQFWLRQHUURU
FRGHUHSHDWVFDOOIRUVHUYLFH
2YHQVKHOYHVDUH 7KHQLFNHOVKHOYHVLIVRHTXLSSHG $SSO\DVPDOODPRXQWRIYHJHWDEOHRLOWRDSDSHU
GLIILFXOWWRVOLGH ZHUHFOHDQHGLQDVHOIFOHDQF\FOH WRZHODQGZLSHWKHHGJHVRIWKHRYHQVKHOYHVZLWK
7KHJUD\SRUFHODLQFRDWHGVKHOYHV WKHSDSHUWRZHO'RQRWVSUD\ZLWK3DP
RURWKHU
LIVRHTXLSSHGZHUHLPSURSHUO\ OXEULFDQWVSUD\V
FOHDQHG
´3UREHµDSSHDUVLQ 7KLVLVUHPLQGLQJ\RXWRHQWHUD (QWHUDSUREHWHPSHUDWXUH
WKHGLVSOD\VRPHPRGHOV SUREHWHPSHUDWXUHDIWHUSOXJJLQJ
LQWKHSUREH
/2&VKRZVLQWKH 7KH*DV&RQWURO/RFNRXWIHDWXUH %HVXUHWKHVXUIDFHEXUQHUFRQWUROVDUHWXUQHG2))
GLVSOD\ LVDFWLYDWHG 7XUQWKLVIHDWXUHRIIWRXVHWKHUDQJH6HHWKH*DV&RQWURO
/RFNRXWVHFWLRQ

7URXEOHVKRRWLQJ7LSV
%HIRUH\RXFDOOIRUVHUYLFH«
3UREOHP 3RVVLEOH&DXVHV :KDW7R'R
'LVSOD\JRHVEODQN $IXVHLQ\RXUKRPHPD\EH 5HSODFHWKHIXVHRUUHVHWWKHFLUFXLWEUHDNHU
EORZQRUWKHFLUFXLWEUHDNHUWULSSHG
7KHFORFNLVLQWKHEODFNRXWPRGH
6HHWKH6SHFLDOIHDWXUHVRI\RXURYHQFRQWUROVHFWLRQ
'LVSOD\IODVKHV 3RZHUIDLOXUH 5HVHWWKHFORFN
8QDEOHWRJHWWKH 2YHQFRQWUROSDGVZHUH7KH%DNHDQG%URLO+L/RSDGVPXVWEHWRXFKHGDW
GLVSOD\WRVKRZ´6)µ QRWSUHVVHGSURSHUO\ WKHVDPHWLPHDQGKHOGIRUVHFRQGV
3RZHURXWDJH 3RZHURXWDJHRUVXUJH 5HVHWWKHFORFN,IWKHRYHQZDVLQXVH\RXPXVWUHVHW
FORFNIODVKHV LWE\WRXFKLQJWKH&OHDU2IISDGVHWWLQJWKHFORFN
DQGUHVHWWLQJDQ\FRRNLQJIXQFWLRQ
´%XUQLQJµRU´RLO\µ 7KLVLVQRUPDOLQDQHZRYHQ 7RVSHHGWKHSURFHVVVHWDVHOIFOHDQF\FOHIRUD
RGRUHPLWWLQJIURP DQGZLOOGLVDSSHDULQWLPH PLQLPXPRIKRXUV6HHWKH8VLQJWKHVHOIFOHDQLQJ
WKHYHQW RYHQVHFWLRQ
6WURQJRGRU $QRGRUIURPWKHLQVXODWLRQ 7KLVLVWHPSRUDU\
DURXQGWKHLQVLGHRIWKHRYHQ
LVQRUPDOIRUWKHILUVWIHZWLPHV
WKHRYHQLVXVHG
)DQQRLVHVRPHPRGHOV
$FRROLQJIDQRUDFRQYHFWLRQIDQ
7KLVLVQRUPDO7KHFRROLQJIDQZLOOWXUQRQWRFRROLQWHUQDO
GHSHQGLQJRQWKHIXQFWLRQ\RX SDUWV,WPD\UXQIRUXSWRKUVDIWHUWKHRYHQLVWXUQHG
DUHXVLQJPD\WXUQRQ RII7KHFRQYHFWLRQIDQZLOOF\FOHRQDQGRIIXQWLOWKH
IXQFWLRQLVRYHURUWKHGRRULVRSHQHG
&RQYHFWLRQIDQQRW 3UHKHDWWHPSHUDWXUH )DQZLOOVWDUWDXWRPDWLFDOO\RQFHWKHSUHKHDW
ZRUNLQJVRPHPRGHOV QRWUHDFKHG LQWHUQDOSDUWV,WPD\UXQIRUXSWRKRXUVDIWHU
WKHRYHQLVWXUQHGRII7KHFRQYHFWLRQIDQZLOOF\FOH
RQDQGRIIXQWLOWKHIXQFWLRQLVRYHURUWKHGRRULVRSHQHG
'UDZHUGRHVQRWVOLGH 7KHGUDZHULVRXWRIDOLJQPHQW )XOO\H[WHQGWKHGUDZHUDQGSXVKLWDOOWKHZD\LQ
VPRRWKO\RUGUDJV 6HHWKH&DUHDQGFOHDQLQJRIWKHUDQJHVHFWLRQ
'UDZHULVRYHUORDGHGRUORDG 5HGXFHZHLJKW5HGLVWULEXWHGUDZHUFRQWHQWV
LVXQEDODQFHG
/RZHURYHQGUDZHURU $IXVHLQ\RXUKRPHPD\EH 5HSODFHWKHIXVHRUUHVHWWKHFLUFXLWEUHDNHU
ZDUPLQJGUDZHUZLOO EORZQRUWKHFLUFXLWEUHDNHU
QRWZRUN WULSSHG
7KHRYHQLVVHOIFOHDQLQJ :DLWIRUWKHVHOIFOHDQF\FOHWRILQLVKDQGWKHRYHQWRFRRO
&RQWUROVLPSURSHUO\VHW 6HHWKH(OHFWULFZDUPLQJGUDZHURU/RZHURYHQ
GUDZHUVHFWLRQ
([FHVVLYHFRQGHQVDWLRQ /LTXLGLQGUDZHU 5HPRYHOLTXLG
LQWKHGUDZHU
8QFRYHUHGIRRGV &RYHUIRRGZLWKOLGRUDOXPLQXPIRLO
7HPSHUDWXUHVHWWLQJWRRKLJK 5HGXFHWHPSHUDWXUHVHWWLQJ
)RRGGULHVRXWLQWKH 0RLVWXUHHVFDSLQJ &RYHUIRRGZLWKOLGRUDOXPLQXPIRLO
ORZHURYHQGUDZHURU
'UDZHUQRWIXOO\FORVHG 3XVKGUDZHULQXQWLOODWFKHQJDJHV
ZDUPLQJGUDZHU

$FFHVVRULHV *($SSOLDQFHVFRP
/RRNLQJ)RU6RPHWKLQJ0RUH"1RWDOODFFHVVRULHVDUHDYDLODEOHIRUDOOPRGHOV
<RXFDQILQGWKHVHDFFHVVRULHVDQGPDQ\PRUHDW*($SSOLDQFHVFRP86
RUZZZ*($SSOLDQFHVFD&DQDGDRUFDOO86RU&DQDGD
GXULQJQRUPDOEXVLQHVVKRXUV+DYH\RXUPRGHOQXPEHUUHDG\
([SHULHQFHWKHVHRWKHUJUHDWSURGXFWVWRNHHS\RXUNLWFKHQORRNLQJJUHDW
*HWWKHPRVWRXWRI\RXU%URLOHU3DQ1RWIRUXVHZLWK%URLOHU'UDZHUPRGHOV
8VH\RXUSDQDQGJULGFRYHUWREURLOKDPEXUJHUVVHDIRRGVWHDNVYHJHWDEOHVEDFRQFKRSVDQGVRPXFK
PRUH7KHSDQEHORZFDWFKHVWKHH[FHVVIDWVDQGRLOV
*HQXLQH*(3DUW
(DV\7R&OHDQ
2QH<HDU:DUUDQW\
/LPLWHG7LPH2IIHU)UHH6KLSSLQJ
:KHQ\RXRUGHU\RXUEURLOHUSDQZLWKLQGD\VRISXUFKDVLQJ\RXU*(FRRNLQJSURGXFW
6PDOO /DUJH ;/
863DUW :%; :%; :%;
&DQDGD3DUW '* '* 1$
'LPHQVLRQV µ:[µ+[µ' µ:[µ+[µ' µ:[µ+[µ'
7KHODUJHVWDQGDUGEURLOSDQGRHVQRWILWLQµµUDQJHV
7KH;/SDQGRHVQRWILWLQµZDOORYHQVµGURSLQVRUµµUDQJHV
6XUIDFH(OHPHQWVDQG'ULS
3DQV
*UDWHV 6XUIDFH%XUQHU+HDGVDQG&DSV
2YHQ(OHPHQWV /LJKW%XOEV
.QREV
2YHQ5DFNV
:;;*&6
:;;
:;;
30;
&HUDPLF&RRNWRS
&OHDQLQJ.LW
,QFOXGHVFOHDQHU
VFUDSHUDQGSDG
&HUDPLF&RRNWRS
&OHDQLQJ:LSHV
6WDLQOHVV6WHHO
$SSOLDQFH3ROLVK
:LSHV
6WDLQOHVV6WHHO
$SSOLDQFH
&OHDQHU
RU
*ULGGOH
7RSODFH\RXURUGHUFDOO86&DQDGDRUPDLOWKLVIRUPWR
,QWKH86*(3DUWV32%R[0HPSKLV71,Q&DQDGD*(3DUWV)DFWRU\/DQH0RQFWRQ1%(&0
%URLOHU3DQ2UGHU)RUP
4XDQWLW\BBBBBBBBBBBBBBBBBBBB 3DUW1XPEHU BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
BBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
BBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
0RGHO1XPEHUBBBBBBBBBBBBBB 6HULDO1XPEHU BBBBBBBBBBBBBBBBBB %UDQG BBBBBBBBBBBBBBB 'DWHRI3XUFKDVHBBBBBBBBBB
)LUVW1DPHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB /DVW1DPHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
$GGUHVVBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
&LW\BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 6WDWHBBBBBBBBBBB =LS&RGHBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
3KRQHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB (0DLOBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
&KHFN BBBBBB 0RQH\2UGHUBBBBBB
&DOOLQWKH86RULQ&DQDGDIRUFXUUHQWSULFLQJ$OOFUHGLWFDUGRUGHUVPXVWEHFDOOHGLQ
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

127(6 *($SSOLDQFHVFRP

127(6 *($SSOLDQFHVFRP

■6HUYLFHWULSVWR\RXUKRPHWRWHDFK\RXKRZWRXVH
WKHSURGXFW
■,PSURSHULQVWDOODWLRQGHOLYHU\RUPDLQWHQDQFH
■3URGXFWGDPDJHRUIDLOXUHRIWKHSURGXFWLILWLVDEXVHG
PLVXVHGPRGLILHGXVHGIRURWKHUWKDQWKHLQWHQGHG
SXUSRVHRUXVHGFRPPHUFLDOO\
■5HSODFHPHQWRIKRXVHIXVHVRUUHVHWWLQJRIFLUFXLWEUHDNHUV
■'DPDJHWRWKHSURGXFWFDXVHGE\DFFLGHQWILUHIORRGV
RUDFWVRI*RG
■,QFLGHQWDORUFRQVHTXHQWLDOGDPDJHFDXVHGE\SRVVLEOH
GHIHFWVZLWKWKLVDSSOLDQFH
■'DPDJHFDXVHGDIWHUGHOLYHU\
■3URGXFWQRWDFFHVVLEOHWRSURYLGHUHTXLUHGVHUYLFH
:KDW*(:LOO1RW&RYHU
7KLVZDUUDQW\LVH[WHQGHGWRWKHRULJLQDOSXUFKDVHUDQGDQ\VXFFHHGLQJRZQHUIRUSURGXFWVSXUFKDVHGIRUKRPH
XVHZLWKLQWKH86$,IWKHSURGXFWLVORFDWHGLQDQDUHDZKHUHVHUYLFHE\D*($XWKRUL]HG6HUYLFHULV
QRWDYDLODEOH\RXPD\EHUHVSRQVLEOHIRUDWULSFKDUJHRU\RXPD\EHUHTXLUHGWREULQJWKHSURGXFWWRDQ
$XWKRUL]HG*(6HUYLFH/RFDWLRQIRUVHUYLFH,Q$ODVNDWKHZDUUDQW\H[FOXGHVWKHFRVWRIVKLSSLQJRUVHUYLFHFDOOVWR
\RXUKRPH
6RPHVWDWHVGRQRWDOORZWKHH[FOXVLRQRUOLPLWDWLRQRILQFLGHQWDORUFRQVHTXHQWLDOGDPDJHV7KLVZDUUDQW\JLYHV
\RXVSHFLILFOHJDOULJKWVDQG\RXPD\DOVRKDYHRWKHUULJKWVZKLFKYDU\IURPVWDWHWRVWDWH7RNQRZZKDW\RXU
OHJDOULJKWVDUHFRQVXOW\RXUORFDORUVWDWHFRQVXPHUDIIDLUVRIILFHRU\RXUVWDWH·V$WWRUQH\*HQHUDO
:DUUDQWRU*HQHUDO(OHFWULF&RPSDQ\/RXLVYLOOH.<
)RU7KH3HULRG2I *(:LOO5HSODFH
2QH<HDU $Q\SDUWRIWKHUDQJHZKLFKIDLOVGXHWRDGHIHFWLQPDWHULDOVRUZRUNPDQVKLS'XULQJWKLV
)URPWKHGDWHRIWKH OLPLWHGRQH\HDUZDUUDQW\*(ZLOODOVRSURYLGHIUHHRIFKDUJHDOOODERUDQGLQKRPHVHUYLFH
RULJLQDOSXUFKDVH WRUHSODFHWKHGHIHFWLYHSDUW
*(*DV5DQJH:DUUDQW\)RUFXVWRPHUVLQWKH8QLWHG6WDWHV
$OOZDUUDQW\VHUYLFHSURYLGHGE\RXU)DFWRU\6HUYLFH&HQWHUV
RUDQDXWKRUL]HG&XVWRPHU&DUH
WHFKQLFLDQ7RVFKHGXOH
VHUYLFHRQOLQHKRXUVDGD\YLVLWXVDW*($SSOLDQFHVFRPRU
FDOO*(&$5(63OHDVHKDYHVHULDOQXPEHUDQG
PRGHOQXPEHUDYDLODEOHZKHQFDOOLQJIRUVHUYLFH
6WDSOH\RXUUHFHLSWKHUH
3URRIRIWKHRULJLQDOSXUFKDVH
GDWHLVQHHGHGWRREWDLQVHUYLFH
XQGHUWKHZDUUDQW\
(;&/86,212),03/,(':$55$17,(6³<RXUVROHDQGH[FOXVLYHUHPHG\LVSURGXFWUHSDLUDVSURYLGHG
LQWKLV/LPLWHG:DUUDQW\$Q\LPSOLHGZDUUDQWLHVLQFOXGLQJWKHLPSOLHGZDUUDQWLHVRIPHUFKDQWDELOLW\RU
ILWQHVVIRUDSDUWLFXODUSXUSRVHDUHOLPLWHGWRRQH\HDURUWKHVKRUWHVWSHULRGDOORZHGE\ODZ

$OOZDUUDQW\VHUYLFHSURYLGHGE\RXU)DFWRU\6HUYLFH&HQWHUV
RUDQDXWKRUL]HG&XVWRPHU&DUH
WHFKQLFLDQ)RUVHUYLFH
FDOO3OHDVHKDYHVHULDOQXPEHUDQGPRGHO
QXPEHUDYDLODEOHZKHQFDOOLQJIRUVHUYLFH
■6HUYLFHWULSVWR\RXUKRPHWRWHDFK\RXKRZWRXVH
WKHSURGXFW
■,PSURSHULQVWDOODWLRQGHOLYHU\RUPDLQWHQDQFH
■3URGXFWGDPDJHRUIDLOXUHRIWKHSURGXFWLILWLVDEXVHG
PLVXVHGPRGLILHGXVHGIRURWKHUWKDQWKHLQWHQGHG
SXUSRVHRUXVHGFRPPHUFLDOO\
■5HSODFHPHQWRIKRXVHIXVHVRUUHVHWWLQJRIFLUFXLWEUHDNHUV
■'DPDJHWRWKHSURGXFWFDXVHGE\DFFLGHQWILUHIORRGV
RUDFWVRI*RG
■,QFLGHQWDORUFRQVHTXHQWLDOGDPDJHFDXVHGE\SRVVLEOH
GHIHFWVZLWKWKLVDSSOLDQFH
■'DPDJHFDXVHGDIWHUGHOLYHU\
■3URGXFWQRWDFFHVVLEOHWRSURYLGHUHTXLUHGVHUYLFH
:KDW0DEH:LOO1RW&RYHU
)RU7KH3HULRG2I 0DEH:LOO5HSODFH
2QH<HDU $Q\SDUWRIWKHUDQJHZKLFKIDLOVGXHWRDGHIHFWLQPDWHULDOVRUZRUNPDQVKLS'XULQJWKLV
)URPWKHGDWHRIWKH OLPLWHGRQH\HDUZDUUDQW\0DEHZLOODOVRSURYLGHIUHHRIFKDUJHDOOODERUDQGLQKRPHVHUYLFH
RULJLQDOSXUFKDVH WRUHSODFHWKHGHIHFWLYHSDUW
:$55$1725,61275(63216,%/()25&216(48(17,$/'$0$*(6
:DUUDQWRU0$%(&$1$'$,1&
*(*DV5DQJH:DUUDQW\)RUFXVWRPHUVLQ&DQDGD
6WDSOH\RXUUHFHLSWKHUH
3URRIRIWKHRULJLQDOSXUFKDVH
GDWHLVQHHGHGWRREWDLQ
VHUYLFHXQGHUWKHZDUUDQW\
(;&/86,212),03/,(':$55$17,(6³<RXUVROHDQGH[FOXVLYHUHPHG\LVSURGXFWUHSDLUDVSURYLGHG
LQWKLV/LPLWHG:DUUDQW\$Q\LPSOLHGZDUUDQWLHVLQFOXGLQJWKHLPSOLHGZDUUDQWLHVRIPHUFKDQWDELOLW\RU
ILWQHVVIRUDSDUWLFXODUSXUSRVHDUHOLPLWHGWRRQH\HDURUWKHVKRUWHVWSHULRGDOORZHGE\ODZ

&RQVXPHU6XSSRUW
*($SSOLDQFHV:HEVLWH ,QWKH86*($SSOLDQFHVFRP
+DYHDTXHVWLRQRUQHHGDVVLVWDQFHZLWK\RXUDSSOLDQFH"7U\WKH*($SSOLDQFHV:HEVLWHKRXUVDGD\
DQ\GD\RIWKH\HDU)RUJUHDWHUFRQYHQLHQFHDQGIDVWHUVHUYLFH\RXFDQQRZGRZQORDG2ZQHU·V0DQXDOV
RUGHUSDUWVRUHYHQVFKHGXOHVHUYLFHRQOLQH,Q&DQDGDZZZ*($SSOLDQFHVFD
6FKHGXOH6HUYLFH ,QWKH86*($SSOLDQFHVFRP
([SHUW*(UHSDLUVHUYLFHLVRQO\RQHVWHSDZD\IURP\RXUGRRU*HWRQOLQHDQGVFKHGXOH\RXUVHUYLFHDW\RXU
FRQYHQLHQFHKRXUVDQ\GD\RIWKH\HDU2UFDOO*(&$5(6GXULQJQRUPDOEXVLQHVVKRXUV
,Q&DQDGDFDOO
5HDO/LIH'HVLJQ6WXGLR ,QWKH86*($SSOLDQFHVFRP
*(VXSSRUWVWKH8QLYHUVDO'HVLJQFRQFHSW³SURGXFWVVHUYLFHVDQGHQYLURQPHQWVWKDWFDQEHXVHGE\SHRSOHRI
DOODJHVVL]HVDQGFDSDELOLWLHV:HUHFRJQL]HWKHQHHGWRGHVLJQIRUDZLGHUDQJHRISK\VLFDODQGPHQWDODELOLWLHV
DQGLPSDLUPHQWV)RUGHWDLOVRI*(·V8QLYHUVDO'HVLJQDSSOLFDWLRQVLQFOXGLQJNLWFKHQGHVLJQLGHDVIRUSHRSOHZLWK
GLVDELOLWLHVFKHFNRXWRXU:HEVLWHWRGD\)RUWKHKHDULQJLPSDLUHGSOHDVHFDOO7''*($&
,Q&DQDGDFRQWDFW 0DQDJHU&RQVXPHU5HODWLRQV0DEH&DQDGD,QF
6XLWH)DFWRU\/DQH
0RQFWRQ1%(&0
([WHQGHG:DUUDQWLHV ,QWKH86*($SSOLDQFHVFRP
3XUFKDVHD*(H[WHQGHGZDUUDQW\DQGOHDUQDERXWVSHFLDOGLVFRXQWVWKDWDUHDYDLODEOHZKLOH\RXUZDUUDQW\LVVWLOO
LQHIIHFW<RXFDQSXUFKDVHLWRQOLQHDQ\WLPHRUFDOOGXULQJQRUPDOEXVLQHVVKRXUV*(&RQVXPHU+RPH
6HUYLFHVZLOOVWLOOEHWKHUHDIWHU\RXUZDUUDQW\H[SLUHV,Q&DQDGDFDOO
3DUWVDQG$FFHVVRULHV ,QWKH86*($SSOLDQFHVFRP
,QGLYLGXDOVTXDOLILHGWRVHUYLFHWKHLURZQDSSOLDQFHVFDQKDYHSDUWVRUDFFHVVRULHVVHQWGLUHFWO\WRWKHLUKRPHV9,6$
0DVWHU&DUGDQG'LVFRYHUFDUGVDUHDFFHSWHG2UGHURQOLQHWRGD\KRXUVHYHU\GD\RUE\SKRQHDW
GXULQJQRUPDOEXVLQHVVKRXUV
,QVWUXFWLRQVFRQWDLQHGLQWKLVPDQXDOFRYHUSURFHGXUHVWREHSHUIRUPHGE\DQ\XVHU2WKHUVHUYLFLQJJHQHUDOO\
VKRXOGEHUHIHUUHGWRTXDOLILHGVHUYLFHSHUVRQQHO&DXWLRQPXVWEHH[HUFLVHGVLQFHLPSURSHUVHUYLFLQJPD\FDXVH
XQVDIHRSHUDWLRQ
&XVWRPHUVLQ&DQDGDVKRXOGFRQVXOWWKH\HOORZSDJHVIRUWKHQHDUHVW0DEHVHUYLFHFHQWHURUFDOO
&RQWDFW8V ,QWKH86*($SSOLDQFHVFRP
,I\RXDUHQRWVDWLVILHGZLWKWKHVHUYLFH\RXUHFHLYHIURP*(FRQWDFWXVRQRXU:HEVLWHZLWKDOOWKHGHWDLOVLQFOXGLQJ
\RXUSKRQHQXPEHURUZULWHWR *HQHUDO0DQDJHU&XVWRPHU5HODWLRQV
*($SSOLDQFHV$SSOLDQFH3DUN
/RXLVYLOOH.<
,Q&DQDGDZZZ*($SSOLDQFHVFDRUZULWHWR 'LUHFWRU&RQVXPHU5HODWLRQV0DEH&DQDGD,QF
6XLWH)DFWRU\/DQH
0RQFWRQ1%(&0
5HJLVWHU<RXU$SSOLDQFH ,QWKH86*($SSOLDQFHVFRP
5HJLVWHU\RXUQHZDSSOLDQFHRQOLQH³DW\RXUFRQYHQLHQFH7LPHO\SURGXFWUHJLVWUDWLRQZLOODOORZIRUHQKDQFHG
FRPPXQLFDWLRQDQGSURPSWVHUYLFHXQGHUWKHWHUPVRI\RXUZDUUDQW\VKRXOGWKHQHHGDULVH<RXPD\DOVRPDLO
LQWKHSUHSULQWHGUHJLVWUDWLRQFDUGLQFOXGHGLQWKHSDFNLQJPDWHULDO,Q&DQDGDZZZ*($SSOLDQFHVFD
3ULQWHGLQ0H[LFR
7KLVERRNLVSULQWHGRQUHF\FOHGSDSHU

