
%RVFK+RPH$SSOLDQFHV
HQ
3UREOHP 3RVVLEOHFDXVH 6ROXWLR Q
7KHTXDOLW\RIWKHIRDP
FUHPDKDVGHWHULRUDWHG
7KHGULQNRXWOHWLV
FORJJHGRUGLUW\
5HPRYHWKHGULQNRXWOHWIURP
WKHEUHZLQJXQLWDQGGHWDFK
WKHSLHUFLQJXQLW$IWHUFOHDQLQJ
HYHU\WKLQJWKRURXJKO\UHDVVHPEOH
WKHSDUWVDQGUHSODFHWKHPLQWKH
EUHZLQJXQLW
&OHDQWKHEUHZLQJXQLWZLWKWKH
6HUYLFH7',6&
7KHDSSOLDQFHQHHGVWR
EHGHVFDOHG
'HVFDOHWKHDSSOLDQFHIRUGHWDLOV
VHH³'HVFDOLQJ´
%UHZLQJXQLWFDQQRWEH
VHFXUHO\FORVHG
7',6&SLHUFLQJXQLWRU
7',6&KROGHULVQRW
SURSHUO\LQVHUWHG
,QVHUW7',6&KROGHURU7',6&
SLHUFLQJXQLWSURSHUO\
7KH7',6&LVQRW
LQVHUWHGSURSHUO\
5HLQVHUWWKH7',6&DQGPDNH
VXUHLWLVSURSHUO\SRVLWLRQHG
7KHEUHZLQJXQLWLVQRW
SURSHUO\FORVHG
3XVKWKHKDQGOHGRZQXQWLOLW
VQDSVLQWRSODFHZLWKDQDXGLEOH
FOLFN
&OHDQWKHEUHZLQJXQLWWKRURXJKO\
HVSHFLDOO\LQWKHDUHDRIWKHFODPS
7KHEUHZLQJXQLWFDQQRW
EHRSHQHG
7KHEUHZLQJXQLWORFNLV
VWLOOHQJDJHG
:DLWXQWLOWKH6WDWXV/('FF
KDVVWRSSHGEOLQNLQJEHIRUHDW
WHPSWLQJWRRSHQWKHEUHZLQJXQLW
:DWHUGULSSLQJIURPWKH
EUHZLQJXQLW
7KH7',6&LVGDPDJHG
RUOHDN\
6WRSWKHEUHZLQJSURFHVV:DLW
XQWLOWKHPDFKLQHLVFRROHGGRZQ
EHIRUHUHPRYLQJWKH7',6&DQG
WKHQFOHDQWKHEUHZLQJXQLW
7KHSLHUFLQJXQLWLV
HLWKHUQRWLQVHUWHGRUQRW
LQVHUWHGSURSHUO\
&KHFNWRHQVXUHWKDWWKHSLHUFLQJ
XQLWLVLQVHUWHGSURSHUO\
:DWHURQWKHVXUIDFH
XQGHUWKHFXSVWDQG
:DWHUIURP
FRQGHQVDWLRQ
&RQGHQVDWLRQPD\RFFXUDQGLV
QRWDIDXOW5HPRYHLWE\ZLSLQJ
ZLWKDFORWK
7KH6HUYLFH7',6&LV
GDPDJHGRUORVW
7KH6HUYLFH7',6&LV
UHTXLUHGIRUWKHFOHDQLQJ
F\FOHDQGWKHGHVFDOLQJ
F\FOH
&KHFNWKHVWRUDJHFRPSDUWPHQW
IRUWKH6HUYLFH7',6&DWWKHEDFN
RIWKHDSSOLDQFH
7KH6HUYLFH7',6&FDQEH
SXUFKDVHGIURP7$66,02
&XVWRPHU6HUYLFH'HSDUWPHQWDW
7',6&6RQO\LQWKH86$
RURQZZZWDVVLPRFRP