9366HDPOHVV6ZLWFKHU6FDOHU
8650$18$
RQQHFWLQJD3
Rqwhqwv
8QGHUVWDQGLQJWKH3,3%XWWRQHDWXUH
2SHUDWLQJYLDWKH260186FUHHQ
LJXUH&RQQHFWLQJWKH3
Ljxuhv
LJXUH6RXUFH6HOHFWLRQ6FUHHQ LJXUH*HRPHWU\6FDOHDQG=RRP6FUHHQ
LJXUH8WLOLW\6FUHHQ LJXUH*UDSKLF6HWWLQJ8WLOLW\6FUHHQ
7DEOH56&RPPXQLFDWLRQ&RGH
7DEOHV
LLL
LJXUH266RXUFH3URPSW$FWLYDWLRQ8WLOLW\6FUHHQ
HWWLQJ6WDUWHG
Qwurgxfwlrq
2YHUYLHZ
HUHFRPPHQGWKDW\RX
$XVHUGHILQDEOHRXWSXWPRGH
Wkhiroorzlqjxvhuvhohfwdeohslhoudwhv
6ZLWFKLQWUXHDXGLRIROORZYLGHRPRGH
2YHUYLHZ
Qfoxghdiurqwsdqhoorfn
RXU6HDPOHVV6ZLWFKHU6FDOHU
URPWKHIURQWSDQHO26FRQWUROEXWWRQV
$FKLHYLQJWKHEHVWSHUIRUPDQFHPHDQV
3DQHO5HDUWKHLUDQG693DQG693WKHRI3DQHOVURQWLJXUH
6FDOHU6ZLWFKHU6HDPOHVVRXU
OOXPLQDWHGVZLWFKVXSSO\LQJSRZHUWRWKHXQLW
Hdwxuh Xqfwlrq
OOXPLQDWHVZKHQWKH69*$UHVROXWLRQLVVHOHFWHG
OOXPLQDWHVZKHQWKH9*$UHVROXWLRQLVVHOHFWHG
Frpsrqhqw
0RYHVWRWKHQHWOHYHOLQWKH26VFUHHQ
Vxshulpsrvhgryhulw
Rqqhfwru
Rqqhfwruv
$&RQQHFWRUV
Rqqhfwrqhrupruhriwkhiroorzlqjylghrvrxufhv
RQQHFWLQJWKH6HDPOHVV6ZLWFKHU6FDOHU
6RPHWLPHVFDOOHG89RU%5RU3E3U
7KH9,2FRQQHFWRUVDUHFRPPRQWR&9DQG
ZLUHIODWFDEOHWRWKH56%SRUWRQ\RXU3
$3&RSWLRQDODVVHFWLRQGHVFULEHV
7RFRQQHFWD3&WRWKH936RU936XQLWXVLQJWKH1XOOPRGHP
7KH3&FRQQHFWRULVFRPPRQWR9,DQG9*$
RQQHFWLQJWKH6HDPOHVV6ZLWFKHU6FDOHU
8QGHUVWDQGLQJWKH287%XWWRQXQFWLRQDOLW\
8QGHUVWDQGLQJWKH6HDPOHVV6ZLWFKHU6FDOHU
8QGHUVWDQGLQJWKH6HDPOHVV6ZLWFKHU6FDOHU
7DEOH6HOHFWLQJWKH2XWSXW5HVROXWLRQ
LJXUH287/6HTXHQFH
6ZLWFKRQWKH3,3IXQFWLRQDOLW\YLDWKH260HQXVHH Ljxuh
$FWLYDWLQJWKH3,3HDWXUH
7RJJOLQJEHWZHHQWKH3,3DQGWKH6FUHHQ6RXUFH6$3
Kdudfwhulvwlfv RXFDQGHWHUPLQHWKHIROORZLQJ3,3FKDUDFWHULVWLFV
+RULRQWDODQG9HUWLFDOSRVLWLRQSODFLQJLWDQ\ZKHUHRQWKHVFUHHQ
RFNLQJDQG8QORFNLQJWKHURQW3DQHO
7RPRYHWKHORFDWLRQRIWKH3,3
7RORFNWKHIURQWSDQHO
LJXUH/RFNLQJ8QORFNLQJWKHURQW3DQHO
Wrvhohfwwkhrxwsxwuhvroxwlrq
2SHUDWLQJWKH6HDPOHVV6ZLWFKHU6FDOHU
2SHUDWLQJWKH6HDPOHVV6ZLWFKHU6FDOHU
6ZLWFKLQJDQ,QSXW
56UHPRWHFRQWURO
RQWUROOLQJWKH6HDPOHVV6ZLWFKHU6FDOHU
RXFDQFRQWUROWKH6HDPOHVV6ZLWFKHU6FDOHUYLD
7KHIURQWSDQHO26FRQWUROEXWWRQVVHHVHFWLRQ
LJXUHLOOXVWUDWHVWKH%ULJKWQHVVDQG&RQWUDVW6FUHHQ
LJXUH0HQX6FUHHQ,FRQV RQWUROOLQJWKH%ULJKWQHVVDQG&RQWUDVW
$IWHULQLWLDOO\SUHVVLQJWKH018IURQWSDQHO26EXWWRQRUWKH018NH\
Dppd
LJXUH*DPPD&RORU7HPSHUDWXUH0DQDJHU8VHU6FUHHQ
2SHUDWLQJWKH6HDPOHVV6ZLWFKHU6FDOHU 6HOHFWLQJWKH6RXUFH
Dvidflolwdwlqjfkdqjlqjriwkhvrxufh
LJXUH6RXUFH6HOHFWLRQ6FUHHQ RQWUROOLQJWKH6FDOH*HRPHWU\
Looxvwudwhv
2XWSXW
LJXUH*HRPHWU\6FDOH$VSHFW5DWLR6FUHHQ
Vrphwlphv
LJXUHLOOXVWUDWHVWKH*HRPHWU\=RRP6FUHHQ
7KH Dqgwkh Exwwrqv
$GMXVWLQJWKH=RRP5DWLR
8VLQJWKH260HQXEXWWRQVVHHLJXUH
KRRVLQJWKH*UDSKLF8WLOLW\6HWWLQJV
LJXUH8WLOLW\6FUHHQ
LOOXVWUDWHGLQLJXUHZLOODSSHDUZKHQDQ+79VRXUFHLVVHOHFWHG
$XWRPDWLFDOO\DGMXVWVWKHEULJKWQHVVDQGFRQWUDVW
LJXUH9LGHR6HWWLQJ8WLOLW\6FUHHQ
Dffruglqjwrwkhghwhfwhglqsxwuhvroxwlrq
7KDWLV%5FRORUVSDFHDOVRNQRZQDV&E&URU3E3U
2SHUDWLQJWKH6HDPOHVV6ZLWFKHU6FDOHU
KRRVLQJWKH3,38WLOLW\6HWWLQJV
DQGWKHSRVLWLRQRIWKH3,3
Wudqvlwlrqvshhg
2WRDYRLGWKHDSSHDUDQFHRI26VFUHHQODEHOV
KRRVLQJWKH268WLOLW\6HWWLQJV
LJXUH2XWSXW6HWWLQJ5HVROXWLRQ8WLOLW\6FUHHQ
2XWSXWFORFN
Uhprwhfrqwurowudqvplwwhuzklfk
Yhuvlrqqxpehu
9HULI\LQJ&RQILJXUDWLRQHWDLOVYLDWKH,QIRUPDWLRQ6FUHHQ
2SHUDWLQJYLDWKH,QIUDUHG5HPRWH&RQWURO7UDQVPLWWHU
LJXUH,QIUDUHG5HPRWH&RQWURO7UDQVPLWWHU
2SHUDWLQJWKH6HDPOHVV6ZLWFKHU6FDOHU
8SJUDGLQJLUPZDUH
7HFKQLFDO6SHFLILFDWLRQV
7DEOHLQFOXGHVWKHWHFKQLFDOVSHFLILFDWLRQV
7HFKQLFDO6SHFLILFDWLRQV
RPPXQLFDWLRQ3URWRFRO
RPPXQLFDWLRQ3URWRFRO
Odqn
6WDWXV
UHHH2II
0XWH2II ODQN2Q ODQN2II
RPPDQG6HQW
+$7,6&295$1+$7,6127&295
2QO\WKHILUVWSXUFKDVHFXVWRPHUPD\HQIRUFHWKLV ZDUUDQW\
UDPHUOHFWURQLFV/WG