RQILUPDWLRQ5HSRUW, Rqilupdwlrquhsruw, Uuruvrqo, $Ozd\V

&RQILUPDWLRQ5HSRUW

3UHVVWKH>)D[,QWHUQHW)D[@ NH\

(QVXUHWKHRULJLQDOVKDYH EHHQORDGHGDQGWKHMRE

IHDWXUHVSURJUDPPHG

3UHVVWKH>&RQILUP@GLUHFW DFFHVVNH\RQIOLSSDQHO

6HOHFWWKH&RQILUPDWLRQ 5HSRUWRSWLRQUHTXLUHGWKHQ

SUHVV>(QWHU@

8VLQJRQHRIWKHGLDOLQJ

PHWKRGVHQWHUWKHID[ QXPEHUDQGSUHVV>6WDUW@LI

UHTXLUHG

$&RQILUPDWLRQ5HSRUWFDQEHVHWXSWREHSULQWHG

DXWRPDWLFDOO\IROORZLQJHDFKWUDQVPLVVLRQRURQO\ZKHQDQ HUURURFFXUV7RUHTXHVWDFRQILUPDWLRQUHSRUWIRUDQLQGLYLGXDO MREXVHWKH&RQILUPGLUHFWDFFHVVNH\

&RQILUPDWLRQUHSRUW

$OZD\V

(UURUVRQO\

2II

&RQILUPDWLRQ5HSRUW2SWLRQV

$OZD\V	8VHWKLVRSWLRQWRSULQWDFRQILUPDWLRQUHSRUWDIWHUWKH
	WUDQVPLVVLRQ
(UURUVRQO\ 8VHWKLVRSWLRQWRSULQWDFRQILUPDWLRQUHSRUWRQO\LIDQHUURU
	RFFXUVGXULQJWKHWUDQVPLVVLRQ
2II	7KHFRQILUPDWLRQUHSRUWLVQRWSULQWHG:RUN&HQWUH	3UR8VHU*XLGH

Page 164

Image 164

$Xerox 416 manual Rqilupdwlrquhsruw, Uuruvrqo, RQILUPDWLRQ5HSRUW2SWLRQV, $Ozd\V$

Contents

RUN&HQWUH3UR 8VHU*XLGH 3UHSDUHGE\ ‹E\HUR&RUSRUDWLRQ$OOULJKWVUHVHUYHGFRPSDQLHVDUHKHUHE\DFNQRZOHGJHG \SRJUDSKLFDOHUURUVZLOOEHFRUUHFWHGLQVXEVHTXHQWHGLWLRQV 7DEOHRI&RQWHQWV 0XOWL$FFHVV&RPPXQLFDWLRQV RS\ KDQJLQJ3ULQWHUHIDXOWV QWHUQHWDDQG6FDQWRPDLO3URFHGXUH 6WDQGDUG,QWHUQHWDDQGPDLOHDWXUHV 0DFKLQHHIDXOWV6HWXSV $SSHQGL$6DIHW\1RWHV$ 7DEOHRI&RQWHQWVYLLL HURRUN&HQWUH3UR8VHU*XLGH $ERXW7KLV*XLGH LQGLQJ,QIRUPDWLRQLQWKH8VHU*XLGH 0DLQWDLQLQJWKH3URGXFW&KDSWHU DVLF7URXEOHVKRRWLQJ&KDSWHU6DIHW\1RWHV$SSHQGL$ 6SHFLILFDWLRQV$SSHQGL% XVWRPHU6XSSRUW Bbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbb6HULDO1XPEHU3ODWH Lvlqvwdoohgrufrqyhqlhqfhdqgixwxuhuhihuhqfhsohdvh Rqyhqwlrqv 2ULHQWDWLRQPDJH2ULHQWDWLRQ 3RUWUDLW 62ULHQWDWLRQ HHG2ULHQWDWLRQ2ULHQWDWLRQ WDOLF7\SHIDFH 4XLFN3DWKZD\ 1RWHV +LQWVDxwlrqv Duqlqjv 5HODWHG,QIRUPDWLRQ6RXUFHV QIRUPDWLRQDYDLODEOHIRUWKHRUN&HQWUH3URFRQVLVWVRI RUN&HQWUH3UR8VHU*XLGH 3URGXFW2YHUYLHZ 7KLVFKDSWHUSURYLGHVDQRYHUYLHZRIWKHRUN&HQWUH3UR \VWHP2YHUYLHZ 5HDG\WRFRS\Qwhuidqxpehupd $GGHGHDWXUHV Ixqfwlrqvlvdoorzhg 8VLQJHSDUWPHQW&RGHVQwhughsduwphqwfrgh RUN&HQWUH3UR 2Q2II6ZLWFK6WDQG Ljxuh Rqwuro $XWRPDWLFRFXPHQW 3DQHO2XWSXW URQW&RYHU Ljxuh RUN&HQWUH3UR3L XSOH$XWRPDWLFRFXPHQWHHGHU$ Rqwuro XQGHU$ RUN&HQWUH3UR6L 3DQHO Rqyhqlhqfh 2IIVHW 6WDSOHU &DWFK2Q2II6ZLWFK \SDVV URQW&RYHU Rpsrqhqwv $XWRPDWLFRFXPHQWHHGHU$XSOH$XWRPDWLFRFXPHQWHHGHU$ Grfxphqwjodvv Gdpdjh \SDVV7UD\2SWLRQDO$GGLWLRQDO0HPRU\ RQWURO3DQHO&RPSRQHQWVDQGXQFWLRQ.H\V Ljkwhqdunhq 6HOHFWWRDGMXVWWKHLPDJHFRQWUDVW 5HGXFHQODUJHSdshu 3DSHU6XSSO\ TXDOLW\ Dffhvvwr SUHVVLQJWKHVHNH\VLUHFW$FFHVV.H\V \ERDUG Djdlq Hqwhuhg6WDUW Ruljlqdov 0DQXDOLDO Hohwh HOHWHVDQHLVWLQJFKDUDFWHUHQWU\ QWHUNH\Vfuhhq Pdghwrwkhfxuuhqwvfuhhq 6FUROO.H\V OLS3DQHO Ixqfwlrqv7KHUHDUHWKUHHIOLSSDQHOVDYDLODEOH Ryhu OLS3DQHO Pdloixqfwlrqv Kdudfwhuqwulhv 1XPHULF.H\SDG6FUROO.H\V QVHUWDQGHOHWH.H\V Suhvvhg KDUDFWHU&RGH7DEOH6HOHFW\RXUUHTXLUHGFKDUDFWHUE\XVLQJ RU NH\DQG SUHVVQWHU@ RUN&HQWUH3UR8VHU*XLGH 6SHHGGLDO QwhuqdphpdQwhuqdphpd QVHUW@ RUUHFWLQJ&KDUDFWHUV Ghohwhg 3UHVVHOHWH@ NH\DQGSRVLWLRQWKH 3RZHULQJ2Q 3RZHULQJ2IIHohfwulfdorxwohw RFDWHWKH212VZLWFK 3UHVVOWRSRZHURQWKH 3RZHU6ZLWFK QHUJ\6DYHU/LJKW QHUJ\ 6DYHU.H\ 3RZHU6DYH6WDQGE\0RGH 6OHHS0RGHQHUJ\6DYHU 6WDQGE\0RGH 6OHHS0RGHQHUJ\6DYHU 0RGHV HdwxuhvRE6WDWXV 0DFKLQH6WDWXV HDWXUHV.H\ RE6WDWXV.H\ 0DFKLQHVWDWXV 3ULQWUHSRUW Qlwldovhwxs0DFKLQH6WDWXV2SWLRQV Hidxowvhwwlqjv Hsduwphqwfrgh 6HWWLQJVUHSRUW 6XSSOLHVRUGHUUHSRUW Rfdoldwlrq Dqjxdjh0DFKLQHVHULDOQXPEHU Xvwrphuvxssruw 1HWZRUN $XWRWHVW Qglylgxdowhvw 3ULQWWHVWUHVXOW RUN&HQWUH3UR8VHU*XLGH 0XOWL$FFHVV&RPPXQLFDWLRQV Uhfhlylqjdgrfxphqw8VLQJWKHEXLOWLQPHPRU\PDQ\RSHUDWLRQVFDQEH 5HIHUWRWKH0XOWL$FFHVVXQFWLRQ7DEOHVWKDWIROORZ 0XOWL$FFHVVXQFWLRQ7DEOH/RFDO 6LQJOH&RS\0DLOER,QSXW 0DLOER2XWSXW LUHFW6HQG 3ULQWLQJ LUHFW6HQG Vdph 0XOWL$FFHVVXQFWLRQ7DEOH3 0DLOER,QSXW 0DLOER2XWSXW 3ULQW5HFHLYHGLOH LUHFW6HQG3ULQW5HSRUW0DQXDO 3ULQW5HSRUW$XWR RUN&HQWUH3UR8VHU*XLGH 6WDQGDUGHDWXUHV RS\LQJ3URFHGXUH RDGWKH2ULJLQDOVVlghgruljlqdov $XWRPDWLFRFXPHQWHHGHU$DQG XSOH$XWRPDWLFRFXPHQWHHGHU$ Uhtxluhg Wkhruljlqdov7KHILUVWSDJHVKRXOGEHRQ 6OLGLQJ Jxlghv RFXPHQW*ODVV Grfxphqwjodvvfryhu5HJLVWUDWLRQ Ruqhu 6HHSDJHLI\RXDUH RS\.H\HDWXUHV.H\ 3UHVVWKHHDWXUHV.H\3UHVVHDWXUHV@ 6HOHFWWKH&RS\HDWXUHV VhohfwlrqLGHQWLI\LQJZKLFKRSWLRQLVVHOHFWHG Ljkwhqdunhqsdjh 5HGXFHQODUJHSDJH QWHUWKH4XDQWLW\ 3UHVV6WDUW 3UHVV6WDUW@DFKRULJLQDOLV VFDQQHGRQFHRQO\ RQYHQLHQFH6WDSOHU LwkwkhgrfxphqwvidfhxsLqwrwkhvwdsohu 7KHVWDSOHUDXWRPDWLFDOO\ Vwdsohvwkhgrfxphqwv JPOESDSHU7KHVWDSOHFDUWULGJHKROGVVWDSOHV SDXVHWKHFXUUHQWMREWRPDNHDFRQYHQLHQFHFRS\ 8VLQJ-RE,QWHUUXSWPDJH6KLIWDQGGJHUDVH 6WDQGDUG&RS\HDWXUHV 2XWSXW2XWSXW 2XWSXW2SWLRQV 0DNLQJ&ROODWHG6HWVIURPWKHRFXPHQW*ODVV 3URJUDPWKHIHDWXUHV Uhtxluhg3ODFHWKHILUVWRULJLQDORQWKH Grfxphqwjodvvdqgsuhvv 3UHVVVWDUWWRUHVXPH 6FDQQHWRULJLQDO RQH Ljkwhqdunhq LjkwhqDunhq 0DQXDO 7RQHU6DYHU Rdgruljlqdov LJKWHQDUNHQ2SWLRQV Rxwsxw 5HGXFHQODUJH 5HGXFHQODUJH2SWLRQVQodujh $XWR 3UHVHW 6LHIRUVLHFRSLHV Vhwwlqjvduh RUWKH$PHULFDVDQG&DQDGDWKHSUHVHW5HGXFHQODUJH 3DSHU6XSSO\ 3DSHU$XWR3DSHU 3DSHU6XSSO\2SWLRQV 2ULJLQDO7\SH 2ULJLQDO7\SH2SWLRQV7HW3KRWR 3KRWR PDJH6KLIW $GGHGHDWXUHVVlghg 6LGHG 2ULJLQDO!&RS\6LGHG2SWLRQV 8VHWKHVFUROONH\ WR RXQG2ULJLQDO RX QG2ULJL QDO2Q%RWKSDJHV 2Q%LQGHUUDVH Jodvv RXQG2ULJLQDO2SWLRQV 2II 7KHIHDWXUHLVXQDYDLODEOHHdfksdjhrqdvhsdudwhvkhhwrisdshu 2Q%RWK3DJHV &RSLHVERWKSDJHVRIDQRSHQERXQGGRFXPHQWDQGSODFHV PDJH6KLIW Pdjh 6KL IWHIW0DUJLQ 5LJKW0DUJLQ PDJH6KLIW2SWLRQV Gjhudvh GjhudvhGJHUDVH2SWLRQV 8VHWKHVFUROONH\ WR VHOHFWGJHUDVH@DQG SUHVVQWHU@ 8S2SWLRQV Rrnohw DqglqfkruljlqdovLQFKFRS\SDSHU Fruuhfwrughuwrsurgxfhderrnohw RR Nohw VlghgGjhudvh 2II $QQRWDWLRQ $QQRW Dwlrq3DJHQXPEHU $QQRWDWLRQ2SWLRQV XLOG-RE XLOG-RERuljlqdov \GHIDXOW%XLOG-RELVVHWWR2II 8VHWKHVFUROONH\ Wrvhohfw $GGHGHDWXUHV@ 6HOHFWRULJLQDOVLH 6FDQ Qlqjlqwrphp RU\6FDQQLQJSDJH Vfdqqhg 6HWWLQJ RQHTXDQWLW\VHOHFWHG 7KH6HWWLQJ@VFUHHQLV 6WRUHG-RE 6WRUHG-RE6WRUH 7R6WRUHD-RE 5HWULHYH 7R5HWULHYHD6WRUHG-RE6WRUH 8VHWKHVFUROONH\ WR VHOHFW$GGHGHDWXUHV@ 7UDQVSDUHQF\ +HDY\ZHLJKW 3DSHU7\SH2SWLRQVPdlpxp 8VHWKHVFUROONH\ WR VHOHFW3DSHU7\SH@DQGSUHVV QWHU@ 0HQX0DS 0HQXPDS3ULQWLQJDFFHSWHG Duhsruwirupdw KDQJLQJ&RS\HIDXOWV Hidxowvhwwlqjv0DFKLQHGHIDXOWV Lqglylgxdouhtxluhphqwv RS\GHIDXOWV 2ULJLQDOW\SH LjkwhqdunhqDghidxowv RS\HIDXOWV 6HWWLQJV Hvfulswlrq 2ULJLQDO7\SH 6HWWLQJV Hvfulswlrq 6LGHV,PDJHGRqhvlghgruljlqdov Wzrvlghgruljlqdov RUN&HQWUH3UR8VHU*XLGH Ixqfwlrqvdydlodeohirusulqwlqj FRS\LQJZLWKRXWFRUUXSWLQJDSULQWMREKHQWKHRUN&HQWUH3URLVFRQQHFWHGWRWKHQHWZRUN 7KHRUN&HQWUH3UR3LDQG6LKDYHWKHDELOLW\WRDOORZ 3ULQWLQJ3URFHGXUH UhdwhwkhrfxphqwQhwzrun Dssolfdwlrqv 6HOHFW3ULQW DV\RXUSULQWHU 6HOHFWWKH3ULQWHUULYHUHDWXUHV 6HOHFW3URSHUWLHV@IURPWKH DSSOLFDWLRQ3ULQWZLQGRZZlqgrz Grzqrswlrqvdqgfkhfn Erhvsurylghglqhdfk Wdeehgiroghu 3ULQWWKH-RE KhqdoowkhuhtxluhgihdwxuhvZLQGRZGLVSOD\V VHOHFW&ORVH@ 5HWULHYHWKH3ULQW-RE ResurfhvvlqjzdlwZkhqwkhmrezdvvhqw Phvvdjhv 0DQDJLQJ3ULQW-REV $FFHVVLQJ3ULQWHUHIDXOWV0DFKLQHGHIDXOWV RS\GHIDXOWV Dghidxowv Pdloghidxowv 5HSRUWGHIDXOWV 5HPRWHVHUYLFH 3ULQWHUGHIDXOWV DqfhofxuuhqwmreDQFHOOLQJD3ULQWMRE Rufhihhg Rupihhg 6HWWLQJXSRUFHHHG Dqfhofxuuhqwmre Dqfhofxuuhqwmre Rufhihhg RufhgirupihhgRuflqjdruphhg 8VLQJ-RE,QWHUUXSW VwduwGjhudvh KHQ\RXUFRS\MREKDV 3ULQWHUULYHUHDWXUHV RQWURO2SWLRQV ZLOOJLYH\RXPRUHGHWDLOHGLQIRUPDWLRQ Rqwhqwv6HDUFK 7DNHV\RXEDFNWRWKHSUHYLRXVWRSLFVFUHHQ 3ULQWHU&RQILJXUDWLRQ QVWDOODEOH2SWLRQVPdlqsulqwhu Lqwhuplwwhqwmrevuhtxlulqjqrqvwdqgdugsdshuvlhv Wkhwrwdodprxqwlqvwdoohg 0HPRU\ ,I\RXKDYHLQVWDOOHGDGGLWLRQDOPHPRU\LQWKHSULQWHUVSHFLI\ Rslhv 3DSHU2XWSXW2IIVHWXQFWLRQ Ghshqglqjrqorfdoh 6HOHFW3DSHUGrfxphqw Rswlrq VhwwlqjvlqwkhdssolfdwlrqDEODQNVKHHWRISODLQSDSHUEHWZHHQHDFKWUDQVSDUHQF\VKHHW XVHIXOZKHQ\RXSULQWLWHPVVXFKDVWUDQVSDUHQFLHVDQGZDQW 6LGHG3ULQWLQJ Roodwlrq8QFROODWHG Roodwhg 6LQJOHVLGHGSULQWLQJ7KLVLVWKHGHIDXOW Vhohfwlqjwkhsulqwhu 2XWSXWHVWLQDWLRQOdqgvfdshrulhqwdwlrq \RXW 1RUPDOErughu 3ULQWVDVWDQGDUGSDJH1RUPDOLVWKHGHIDXOW 0XOWLSOHXS 3DJHVXS PDJH2SWLRQV UD\VFDOHGhvljqhgzlwkfroru Gldorj 7UXH7\SHRQWV DqgvkdusfrqwudvwvehwzhhqvkdghgduhdvShuirupdqfh Irqwvzlooehgrzqordghgwrwkhsulqwhuiruhdfksulqwmre Udsklfv 5HVROXWLRQEhfrphglvwruwhgzkhqvfdohg Lpdjh 3ULQW4XDOLW\ YHULI\LQJGRFXPHQWFRQWHQWDQGOD\RXW RDG2YHUOD\ 2YHUOD\V2YHUOD\V 7RFUHDWHDSDJHRYHUOD\ RudooriwkhghvwlqdwlrqvLpsuryhsulqwshuirupdqfh 7RGRZQORDGDQRYHUOD\WRWKHSULQWHU 6HOHFW&UHDWH2YHUOD\WRRSHQWKH&UHDWH3DJH2YHUOD\ 6HOHFWHG2YHUOD\6WDWXV 2YHUOD\&UHDWLRQ6WDWXVGhvwlqdwlrq RYHUOD\KDVEHHQGRZQORDGHG Rqwv QvwdoohgrqwvIrqwvlqvwdoohgrqwkhsulqwhu Frpsxwhu 3ULQWRQW/LVWLQJ 6WDWXVDwwulexwhv Dsulqwhuuhvlghqwirqw Dwhupdunv Dwhupdun$GG VHOHFW$GGWRFUHDWHDQHZZDWHUPDUN Rqwhqw Rqwv UD\VFDOH $ERXW 3RVLWLRQIURPFHQWHU KDQJLQJ3ULQWHUHIDXOWV Pdloghidxowv 5HSRUWGHIDXOWVGHIDXOWVHWWLQJVWRPHHW\RXUSULQWLQJQHHGV 8VHWKHVFUROONH\ WR VHOHFW3ULQWHUGHIDXOWV@DQG SUHVVQWHU@ Rufhihhg Rupihhg 7HVWSULQW Hwhfwsdshuplvpdwfk 3ULQWHUHIDXOWV6HWWLQJV Hvfulswlrq Dqfhofxuuhqwmre Rufhihhg 5HVWRUHIDFWRU\VHWWLQJV 6HWWLQJV Hvfulswlrq Rupihhg7HVWSULQW RUN&HQWUH3UR8VHU*XLGH 6XSHUILQH 5HVROXWLRQ6WDQGDUG $GRFXPHQWJODVVIRUVLQJOHRUERXQGRULJLQDOV DLQJ3URFHGXUH7KHHIIHFWLYHVFDQQLQJZLGWKLVPPLQFKHV 7KHILUVWSDJHVKRXOGEHRQ Ruljlqdosdshuvlhpxvwehghvljqdwhg $3RUWUDLW$5/DQGVFDSH $3RUWUDLW $5/DQGVFDSH 5DLVHWKHGRFXPHQWIHHGHURU 2QFRPSOHWLRQRIWKHIDMRE QWHUQHWD.H\ HDWXUHV.H\ 6HOHFWWKHDHDWXUHV Sdjhv 5HVROXWLRQSDJH Ljkwhqdunhqsdjh 2ULJLQDOW\SHSDJH QWHUWKHD1XPEHU \SDGFkdudfwhu IDFKDUDFWHULVQRUPDOO\ $FFRXQWFRGH Qwhudffrxqwfrgh6WDUWNH\ 3UHVV6WDUW@ 6FDQQLQJLQWRPHPRU\ LdolqjReqxpehu 6FDQQLQJSDJH 0HPRU\UHPDLQLQJ Reqxpehu 0DQDJLQJD-REV $XWRPDWLF5HGLDOLQJUhshdwwkhwudqvplvvlrqsurfhgxuh DXWRPDWLFDOO\SULQWVDUHSRUWDIWHUHDFKWUDQVPLVVLRQ 5HGLDO 0DQXDO5HGLDOHUR6XSSOLHV 5HGLDO3DXVHNH\0DQXDOLDO 0HPRU\ RE1XPEHUV DQFHOOLQJDD-RERE6WDWXV.H\ MREVFXUUHQWO\VSRROHGDUHGLVSOD\HG Hohwhwklvmre Refdqfhohg HURHohwh Hwdlo Hohwh XLOGLQJD-RE 8VHWKHVFUROONH\ WR Vhohfwwkhruljlqdovlhdqg SUHVV6WDUW@ XLOGD-RE 5HVROXWLRQ 6WDQGDUG Ljkwhqdunhq $XWRHdfkruljlqdo GLVSOD\HGDJDLQ8VHWKH VFUROONH\ Wrvhohfw RQH@DQGSUHVVQWHU@ LDOLQJ0HWKRGV \SDGLDOLQJ8VLQJWKH3KRQHERRN Sdxvh 0DQXDOLDO2QKRRNDQG2IIKRRNLDOLQJ LdoidqxpehuRppxqlfdwlqjvhwwlqj 5HFHLYH Rppxqlfdwlqj 5HFHLYLQJDD 5HFHLYLQJ0RGH Hvfulswlrq 6HTXHQFHRI2SHUDWLRQ FRS\LQJRSHUDWLRQ Wkhskrqh 6HFXUH5HFHLYH5HGXFH5HFHLYH Grfxphqwv Lvfdugwud GDWDPD\EHORVWKhqhqdeohgglvfdugvxs Orzhusruwlrqridorqj 6WDQGDUGDHDWXUHV 5HVROXWLRQ6XSHUILQH 5HVROXWLRQRSWLRQV Ljkwhq $XWR Dunhq 0DQXDO 4XLFN3DWKZD\ Ljkwhqdunhq Looxplqdwhg Kdoiwrqhruskrwrjudsklflpdjhv LUHFW$FFHVV.H\V Fryhu OLS3DQHO&RYHU $FWLYLW\5HSRUW 3ULQWQXPEHU$FWLYLW\5HSRUW2SWLRQV 7KH$FWLYLW\5HSRUWFRQWDLQVWKHGHWDLOVRIVHQGDQGUHFHLYH 3KRQHERRN5HSRUW 3KRQHERRNUHSRUW$OO5HSRUWV 6SHHGGLDOV Urxsv 2QHWRXFKNH\V \1DPH3KRQHERRN5HSRUW 6SHHGGLDOV Urxsv 6SHHGLDO3KRQHERRN5HSRUW 2QH7RXFK3KRQHERRN5HSRUW 7RSULQWWKH6SHHGLDO3KRQHERRN5HSRUW2QH7RXFKNH\QXPEHU DVVLJQHGWRD2QH7RXFK.H\ $OOUHSRUWV 7RSULQWWKH2QH7RXFK3KRQHERRN5HSRUW WHP Hvfulswlrq URXS3KRQHERRN5HSRUW6SHHGGLDOV RQILUPDWLRQ5HSRUW RqilupdwlrquhsruwUURUVRQO\ RQILUPDWLRQ5HSRUW2SWLRQV 7RQHLDO QxpehuGldolqj Vzlwfkwrwrqhgldolqj QWHUWKH&KDUJH&RGH KDUJH&RGHQXPEHUVWKDWDOZD\VUHTXLUHWKLVIHDWXUH Kdlqldo KdlqgldoQwhuidqxpehuru Ghsduwphqwhwhqvlrqvlqrwkhuorfdwlrqv Qxpehufrqilupvwkh HOD\6HQG HOD\VHQG7LPH Dgydqfh HOD\6HQG2SWLRQV Qxpehuv 0DQXDO*URXS0DQXDOJURXS Hohwh 0RGLI\ Idwhohskrqhqxpehu7RUHYLHZDOLVWRIWKH Qxpehuvhqwhuhgvhohfw 1HWGHVWLQDWLRQ Suhylrxvvfuhhq Vhqgvwkhgrfxphqw1HWGHVWLQDWLRQ 5HYLHZOLVW RQH 7RGHOHWHDGHVWLQDWLRQIURP LUHFW6HQG Luhfwvhqg DFFHVVNH\RQIOLSSDQHO 3ULRULW\3ULRULW\ID 5HVHQG 6HQGLQJ 0DLOER 7KHIROORZLQJW\SHVRIPDLOERHVDUHDYDLODEOHXOOHWLQ%RDUG%R 8VLQJWKH0DLOER,787IXQFWLRQUHTXLUHVWKDWWKHPDLOER 0DLOER 0DLOERVHWXSUHDWLQJD/RFDO0DLOER Rqilghqwldo Xoohwlqerdug 0DLOERVHWXS&RQILGHQWLDO 6HWXSSDVVZRUG\SDGWRHQWHUWKH Wrwklver Hohwhpdloerqxpehu HOHWLQJD/RFDO0DLOER0DLOERVHWXS 0DLOERQXPEHUPD 0DLOERGHOHWHG 6WRULQJDRFXPHQWLQD/RFDO0DLOERUHGLVSOD\V Ihdwxuhvsurjudpphg Rqilghqwldo 6WRUH&RQILGHQWLDO3ULQWPDLOER 6HQGWRPDLOER 3ROOIURPPDLOER Hohwhfrqwhqwv 6HQGWRPDLOER 3ROOIURPPDLOER WkhsdvvzrugGrfxphqwiurp 6HOHFW&RQILGHQWLDO@WR HOHWLQJDRFXPHQW6WRUHGLQD/RFDO0DLOER 3ULQW&RQILGHQWLDO3ULQWLQJ 5HVROXWLRQ 6WDQGDUG / $XWR 3ULQWPDLOER 6WRUHWRPDLOER 6HQGLQJWRD5HPRWH0DLOER 6HQG&RQILGHQWLDO 7KHGRFXPHQWLVVHQWWRWKH 7R3ROOWKHGRFXPHQWIURPD 3ROOLQJD5HPRWH0DLOERERDUG@ 3UHVVQWHU@ 3ROO&RQILGHQWLDO RYHU6KHHW RyhuvkhhwVhqglqjdgrfxphqw \ERDUGRQIOLSSDQHOWR 3ULQW 8VHWKLVRSWLRQWRSULQWDFRYHUVKHHW RYHU6KHHW2SWLRQV7KH0HQX0DSSULQWVWKHQ 5HDG\PRGH3ULQWLQJ 6HQGRSWLRQV 1XPEHURISDJHV 6HFXUHUHFHLYH Lvwhqwrgldowrqh 6HQG2SWLRQV Lvwhqwrgldowrqh 1XPEHURISDJHV 6HFXUHUHFHLYH6XEDGGUHVV RII 6HFXUH6HQG 6HFXUHVHQG UURU&RUUHFW&06HFXUH6HQG2SWLRQV 8VHWKHVFUROONH\ WR VHOHFWUURUFRUUHFW&0@ DQGSUHVVQWHU@ UURUFRUUHFW&0 UURU&RUUHFW&02SWLRQVDQGSUHVVQWHU@ 2II 8VHWKLVRSWLRQWRVZLWFKRIIUURU&RUUHFW0RGH 6XEDGGUHVV68% 7UDQVPLWDGRFXPHQWWRDUHPRWHVXEDGGUHVV 6XEDGGUHVVWkhvxedgguhvv RII 6XEDGGUHVV 6HOHFWLYHSROOLQJ63Wlph Vxedgguhvv 6XEDGGUHVV68% 8VLQJWKHQXPHULFNH\SDG 3ROOLQJDRFXPHQWXVLQJD6XEDGGUHVV 8VHWKHVFUROONH\ WR VHOHFW6XEDGGUHVV@DQG SUHVVQWHU@ 6HOHFWLYH3ROOLQJ63 6HOHFWLYHSROOLQJ63 8VHWKHVFUROONH\ WR VHOHFW6HQGDIWHUVFDQ@DQG SUHVVQWHU@ UURUFRUUHFW&0 RQ6HQG$IWHU6FDQ 6HQGDIWHUVFDQ 6HQG$IWHU6FDQ2SWLRQV Rqjruljlqdo 8VHWKHVFUROONH\ WR VHOHFW/RQJRULJLQDO@DQG SUHVVQWHU@ RQJ2ULJLQDO2SWLRQV 2Q 8VHWKLVRSWLRQWRHQDEOHDORQJRULJLQDOWREHWUDQVPLWWHG LVWHQWRLDO7RQH LVWHQWRLDO7RQH2SWLRQVSroolqjrshudwlrqvirudqlqglylgxdomre 8VHWKHVFUROONH\ WR VHOHFW/LVWHQWRGLDOWRQH@DQG SUHVVQWHU@ 1XPEHURI3DJHV 6HQGRSWLRQV Lvwhqwrgldowrqh6HFXUHUHFHLYH 1XPEHURISDJHV Sdjhfrxqwlvgliihuhqw 6HFXUH5HFHLYH0DQXDO 6HQGRSWLRQV Lvwhqwrgldowrqh 1XPEHURISDJHV6HFXUH5HFHLYH2SWLRQV Shulrgvshflilhglqwkhghidxowvhwwlqj 3ULQW5HSRUW 6HQGRSWLRQV Lvwhqwrgldowrqh 1XPEHURISDJHV 6HFXUHUHFHLYH3ROOLQJ 0HQXPDS 3ULQWUHSRUW 3ROOLQJ 0HQXPDS 3ROOLQJ3ROO 6FDQWREHSROOHG 3ROO $GGVHFXULW\FRGH6HFXULW\FRGH URXS3ROO 6FDQWREHSROOHG 6HQGWKHQSROO 8VHWKHVFUROONH\ WR VHOHFW3ROOLQJ@DQGSUHVV IWKH*URXSQXPEHUVWREH Dqghqwhuwkhjurxsqxpehu 0DQXDO*URXS 6FDQWREH3ROOHG ZLWKRXWVHFXULW\RSWLRQVDVVLJQHGRswlrqvduhdydlodeohirupxowlsrooerhv Jlyhqwlph 6WRULQJDRFXPHQW 6FDQWREHSROOHG0XOWLSROOER 3ROORQFHER 6HFXULW\ RII 6HFXUHIDQXPEHU RII6HFXULW\ RII 6HFXUHIDQXPEHUPD 7R5HSODFHRU$GGD6WRUHGRFXPHQW Grfxphqwwrehsroohg8VHWKHVFUROONH\ WR VHOHFW3ROOLQJ@DQGSUHVV QWHU@ 6HOHFW6WDUW@WRVFDQWKH 5HWDLQ GHWDLOVXVHGSUHYLRXVO\6HOHFWWKHFKDQJHRSWLRQ 7RGHOHWHDQGUHSODFHWKH 8VHWKHVFUROONH\ WR VHOHFW6HQGWKHQSROO@DQG SUHVVQWHU@ 6HQGWKHQSROOSurfhgxuh 6HOHFWDQ\DGGLWLRQDOID RQWLQXRXV3ROOLQJ Rqwlqxrxvsroo Qwhuydo EhwzhhqfdooQWHUVHFXULW\FRGH PLQ RQWLQXRXV3ROOLQJVWDUWV Ohdufxuuhqwvhwwlqjv HOHWLQJ&RQWLQXRXV3ROO-REVUhhqwhuwkhlqirupdwlrq 7RFOHDUWKHFRQWLQXRXVSROO 7KHPHQXPDSSULQWV 0HQXPDS 3ULQWLQJDFFHSWHGUhsruwirupdw 7875HOD\&RPPXQLFDWLRQV 2ULJLQDWRU 5HOD\ 6WDWLRQVwdwlrqvjurxsv QG6WDWLRQVXSWR 6HQG5HOD\ 127$3DVVZRUGLVUHTXLUHGUHFHLYHWRD5HOD\%R 6HWWLQJXSD5HOD\6WDWLRQ 3KRQHERRNSDJH 0DLOERVHWXS5HOD\ 5HOD\HQGQXPEHUFuhdwh 3UHVV3KRQHERRNNH\ 2QHWRXFKNH\ 3KRQHERRN $OSKDGLDO Urxsgldo2QHWRXFKNH\ HUR $GGQHWQXPEHU 5HOD\WUDQVPLVVLRQUHSRUW 0DLOERVHWXS 0DLOERGHOHWHHOHWLQJD5HOD\%R Uhprwhxvhu 6HOHFW0DLOERVHWXS@DQG SUHVVQWHU@ 8VHWKHVFUROONH\ WR VHOHFWDGHIDXOWV@DQG SUHVVQWHU@ Kdqjlqjdhidxowv0DFKLQHGHIDXOWV RS\GHIDXOWV Dghidxowv Lqhprqlwru 5HFHLYHLQWHUYDODhidxowv 6HWWLQJV Hvfulswlrq 3KRQHERRNVHWXS 6HWWLQJV Hvfulswlrq Lqhprqlwru $OZD\V Rshudwlrqv5HFHLYHLQWHUYDO NH\V 6HWWLQJV Hvfulswlrq 5HVROXWLRQ Ldoprgh 6HWWLQJV Hvfulswlrq 5HGLDOV QwhuydoXVLQJWKHVFUROONH\V 1RRIUHGLDOV 6HWWLQJV Hvfulswlrq $QVZHUPRGH 0HPRU\VHQG 5HVHQGVWRUHGID 6HWWLQJV Hvfulswlrq 6HFXUHVHQGRyhuvkhhw 6HWWLQJV Hvfulswlrq 6HQGKHDGHU 6HQGDIWHUVFDQ$FFRXQWFRGH 6HSDUDWRUSDJH 5HFHLYHWRPHPRU\ 6HWWLQJV6HFXUHUHFHLYH 6HWWLQJV Hvfulswlrq 5HGXFHUHFHLYH Lvfdughwud5HIXVHMXQNPDLO 5HFHLYHKHDGHU D5HSRUWV Dpsoh RGH 33ROOLQJ0DLOER 6WDWXV RQILUPDWLRQ5HSRUW0HPRU\6HQG D3ROO5HOD\5HSRUWVRQILUPDWLRQ5HSRUW URXS6HQG5HSRUW 8QVXFFHVVIXO URXS3ROO5HSRUWQeuv Zkhuhdqhuururffxuuhg 5HOD\2ULJLQDWRU5HSRUW 5HOD\ERQXPEHUUhgxfhsulqw 1XPEHURISDJHVWUDQVPLWWHG 5HOD\6WDWLRQ5HSRUW 5HOD\HVWLQDWLRQ5HSRUW QeuvQxpehuvzkhuhdqhuururffxuuhg 6XFFHVVIXOQEUV LVWRI6SHHGLDO2QH7RXFKRU*URXS RFDOWR0DLOER5HSRUW 5HPRWHWR0DLOER5HSRUW 5HOD\6WDWLRQ5HSRUW Reqxpehu 0DLOERQEU 0DLOERQXPEHU 0DLOERW\SHErdug Zdvhqwhuhg KDQJLQJ5HSRUWVHIDXOWV 5HSRUWGHIDXOWV5HFHSWLRQUHSRUWV Lqglylgxdoqhhgv 5HSRUWHIDXOWV 2SWLRQV Hvfulswlrq $FWLYLW\UHSRUWRU5HFHLYHG@ $XWRSULQW Frppxqlfdwlrqvrffxu 2SWLRQV Hvfulswlrq DSROOUHOD\ 6HQGWUDQVPLVVLRQVHOHFW2II@ Rqilupdwlrquhsruw RQILUP0HPRU\ 3ULQWV0HPRU\6HQG7UDQVPLVVLRQ DHIDXOW6HWWLQJ 2SWLRQVVhqguhvxowv Urxssroouhsruw 3ULQWV*URXS3ROOLQJ7UDQVPLVVLRQ UhvxowvVHOHFW$OZD\V@ 2SWLRQV Hvfulswlrq 5HOD\VWDWLRQUURURQO\@ 3ULQWVUHVXOWVIRU5HOD\ Rfdowrpdloer 2SWLRQV Hvfulswlrq 5HFHSWLRQUHSRUWVSDUW\ QWHUQHWDDQG6FDQWRPDLO Hidxow &XVWRP 2YHUYLHZ Zrunvwdwlrqv7RXVHWKH,QWHUQHWDDQG6FDQWRPDLOIXQFWLRQVWKHPDLO 5HFHLYHDQGSULQWPDLOPHVVDJHVIURP3&¶VDQG QWHUQHWDDQG6FDQWRPDLO3URFHGXUH 7KHHIIHFWLYHVFDQQLQJZLGWKLVPPLQFKHV Uhtxluhg 7RUQZULQNOHGFXUOHGRUIROGHGVKHHWV 127RULQVWUXFWLRQVRQ Qwhupdlodgguhvvpd QWHUQHWD.H\HDWXUHV.H\ 6FDQWRPDLO.H\ 6HOHFWWKHHDWXUHV \SDGWRHQWHUWKHHPDLO Dgguhvvriwkhuhflslhqw \ERDUGOLS3DQHO QWHUWKHPDLO$GGUHVVMRMR#HURFRP 6HOHFWRULJLQDOVLH $ $ $ Uhtxluhvfdqqlqjxvlqjwkhgrfxphqwjodvv 6FDQQHWRULJLQDO 5HFHLYLQJ 0RGH7KHIROORZLQJUHFHLYLQJPRGHVDUHDYDLODEOH Dqgsulqwvrxwwkhpdlo 7RPDQXDOO\FKHFNLIDQHPDLOKDVEHHQUHFHLYHG $XWR5HFHLYH0DQXDO5HFHLYH 6WDQGDUG,QWHUQHWDDQGPDLOHDWXUHV 3UHVVWKH5HVROXWLRQ@NH\ 5HVROXWLRQ XvwrpDQGSUHVVQWHU@ Iwkhuhvroxwlrqriwkh 6HOHFW5HFHLYHUSDSHUVLH \RXNQRZWKH5HFHLYHUSDSHU VLH Ehlqjvfdqqhg 3KRWR Looxplqdwhg 2ULJLQDO7\SH.H\ LUHFW$FFHVV.H\V OLS3DQHO RUN&HQWUH3UR8VHU*XLGH Frppxqlfdwlrqv 7RPDQXDOO\SULQWDQ$FWLYLW\5HSRUW WRPDLO@NH\ 7RSULQWDOO%\1DPH6SHHGLDO2QH7RXFKDQG*URXS 3KRQHERRN5HSRUWV NH\WZLFHRUSUHVVWKH6FDQ WRPDLO@NH\ 3UHVVWKH3KRQHERRN@GLUHFW Ldoqxpehuv 7KHIROORZLQJLQIRUPDWLRQLVSULQWHGRQWKH2QH7RXFK 6DQXPEHU 6SHHGLDO*URXSRUDQXPEHUDVVLJQHGWRD2QH7RXFK RQILUPDWLRQUHSRUW2Q2IIVWDWXV Rwkwhohskrqhdqgpdlo 0DLOPRGH 5HDG\PRGH 3UHVVWKHD,QWHUQHWD@ NH\WZLFHRUSUHVVWKH6FDQ Rffxuvgxulqjwkhwudqvplvvlrq Qwhupdlodgguhvvru SUHVV3KRQHERRN RU2QHWRXFKNH\ QWHUQHWDDQG6FDQWRPDLO $SUDP 5HVROXWLRQ GSL / $XWR Khfnpdlo 3ULQWLQJD0HQX0DS$GGHGIHDWXUHV Uhfhlyhghpdlov RUN&HQWUH3UR8VHU*XLGH 3KRQHERRN 7KLVFKDSWHUSURYLGHVLQVWUXFWLRQVRQSODQQLQJVHWWLQJXSDQG 6HWWLQJXSWKH3KRQHERRN 3ODQQLQJWKH3KRQHERRNDydlodeoh Rxwvlgholqh 8VHWKHIROORZLQJOLVWDVDQDLGLQSODQQLQJWKH3KRQHERRN Gldohgdiwhuwkhuhgldodwwhpswv 6HWWLQJ8S6SHHGLDO1XPEHUVUhtxluhguhsruwv 3KRQHERRNVHWXS 7R$VVLJQ6SHHGLDO1XPEHUVQWHUWKH6SHHGLDO1XPEHU 8VHWKHVFUROONH\ WR VHOHFW3KRQHERRNVHWXS@ QWHUWKHD1XPEHU Dqxpehu $OWHUQDWHIDQXPEHU Drswlrqv Pdlodgguhvv PdlorswlrqvQWHUWKH6SHHGLDO1DPH Drswlrqv QwhudowhuqdwhidqxpehuHOD\VHQG Rqilupdwlrquhsruw Lvwhqwrgldo 6XEDGGUHVV Iqrdrswlrqvduh UHTXLUHGVHOHFW2II@DQG SUHVVQWHU@ Pdlorswlrqv Rqilupdwlrquhsruw 5HFHLYHUFDSDELOLW\QWHUWKHPDLO$GGUHVV 6HOHFWWKH6SHHGLDOPDLO2SWLRQV 6HOHFWRQHWRXFKNH\RU 3UHVV175LIGRQH DqxpehuDrswlrqv Pdlodgguhvv Pdlorswlrqv 6HWWLQJ8S2QH7RXFK.H\V 7R$VVLJQ2QH7RXFK.H\VDiwhuwkhuhgldodwwhpswv 8VHWKHVFUROONH\ WR VHOHFWDGHIDXOWV@DQG 2QH7RXFKNH\ 2QH7RXFKNH\QWHUWKH2QH7RXFK1DPH 3UHVV2QHWRXFKNH\ RUN&HQWUH3UR8VHU*XLGH 6HOHFWWKH2QH7RXFKD2SWLRQV 6HOHFWWKH2QH7RXFKPDLO2SWLRQV QWHU6SHHGGLDOQXPEHURU 3UHVV175LIGRQH 2QHWRXFKNH\$OWHUQDWHIDQXPEHU 6HWWLQJV 0RGLI\LQJRUHOHWLQJ6SHHGLDORU2QH7RXFKDVVLJQHG´PHVVDJHGLVSOD\V 8VHWKHVFUROONH\ WR VHOHFW3KRQHERRNVHWXS@ DQGSUHVVQWHU@ ZKLFKUHTXLUHVPRGLI\LQJRU Ghohwlqj 6SHHGLDO2QHWRXFKNH\V D2SWLRQV D2SWLRQ 2SWLRQV Hvfulswlrq RQHHOD\6HQG Lvwhqwrldo D2SWLRQ 2SWLRQV Hvfulswlrq 6XE$GGUHVV Qxphulfgljlwvpdlpxp6XEDGGUHVV68% Surpswhgqxphulfgljlwv 5HFHLYHU&DSDELOLW\ PDLO2SWLRQVPDLO2SWLRQ 2SWLRQV Hvfulswlrq RQH 6HWWLQJ8S*URXS1XPEHUV Lhogv Rpphqwv 7R3UHVHW1XPEHUVWRD*URXS DQGSUHVVQWHU@ 8VHWKHVFUROONH\ WR Urxs URX SPdlodgguhvvvhwxs Qwhujurxsqxpehu 5HYLHZOLVW $GGQHWQXPEHU 5HYLHZOLVWEhhqpdgh Qwhuvshhggldo RURQHWRXFKNH\ VFUHHQUHGLVSOD\V 7KH*URXSVHWWLQJLQLWLDO 8VHWKHVFUROONH\ WR VHOHFW*URXSV@DQGSUHVV QWHU@ RUGHOHWHWKH³$OUHDG\DVVLJQHG´PHVVDJHGLVSOD\V 0RGLI\GHVWLQDWLRQV 5HWDLQ 7RHOHWHD*URXSQWHUWKH*URXSQXPEHUWR 7KH*URXSQXPEHULVGHOHWHG HUR6XSSOLHV Hohwh 0RGLI\ 0RGLI\LQJD*URXSKHQ\RXKDYHFRPSOHWHG 8VLQJWKHVFUROONH\VVHOHFW LOOLQJRXWWKH2QH7RXFK/DEHO 2QH7RXFKNH\V 8VLQJWKH3KRQHERRN 6SHHGLDOLQJ8VLQJ6SHHGLDOLQJ 6SHHGLDOLQJ $OSKDLDOLQJ Urxsldolqj 2QH7RXFKLDOLQJ 3KRQHERRNV $OSKDLDOLQJ8VLQJ$OSKDLDOLQJ $OSKDGLDO 6SHHGGLDO6DOHV 6DOHVHSDUWPHQW 6XSSOLHV Urxsldolqj Urxsgldo8VLQJ*URXSLDOLQJ 6SHHGGLDO $OSKDGLDO 2QH7RXFKLDOLQJ 2QHWRXFKGLDO8VLQJ2QH7RXFKLDOLQJ 2QHWRXFKNH\ Hurxursh 0DLQWDLQLQJWKH3URGXFW FOHDQLQJPDWHULDOVRQO\DVGLUHFWHGLQWKLVGRFXPHQWDWLRQ OhdqlqjOHDQLQJWKHRUN&HQWUH3UR RQWURO3DQHO.H\ERDUG/&LVSOD\ RFXPHQWHHGHUDQG2XWSXW7UD\Gdpshqhgzlwkzdwhuru 7RHQVXUHRSWLPXPLPDJHTXDOLW\DWDOOWLPHVFOHDQWKH 7UDQVIHU&RURWURQLUH SulqwrudzklwholqhdsshdulqjlqwkhgluhfwlrqriwkhsdshuihhgVwhsvirufohdqlqjlqvwuxfwlrqv 2SHQWKH6LGH&RYHU 7KH7UDQVIHU&RURWURQLUH OHDQLQJ7RROKDVWZR6KRXOGHUV Vkrxoghuv RUN&HQWUH3UR8VHU*XLGH 7UDQVIHU &RURWURQLUH Fdvlqj 2UGHULQJ6XSSOLHV Xvwrphu 3DUW1XPEHUXursh 7RQHU&DUWULGJH UXP&DUWULGJH XVWRPHU5HSODFHDEOH8QLWV 5HSODFLQJWKH7RQHU&DUWULGJHLqvwdoodqhzwrqhufduwulgjh Rqwkhfduwulgjher 5DLVHWKHFDWFKWRXQORFNDQG UHOHDVHWKH7RQHU&DUWULGJH 3XOOWKHWDEWRUHPRYHWKH QVWDOOWKH1HZ7RQHU ORVHWKHURQW&RYHU 5HSODFLQJWKHUXP&DUWULGJH 7RRSHQWKH$XWRXSOH8QLW DUWULGJH´RQSDJH ³5HSODFLQJWKH7RQHUXvlqjwkhlqvwuxfwlrqv Hwhqghgshulrg $V\RXZLWKGUDZWKHUXP &DUWULGJHVXSSRUWLWE\ 5HPRYHWKHQHZUXP Duwulgjhiurpwkher DFN URQW5LJKW Hiwurqw Iroorzlqjlooxvwudwlrqv 5HPRYHWZRSLHFHVRIWDSH Wdsh 3XOOWDEVQXPEHUHGWR 3XOOWDEWRXQIROGSURWHFWLYH Sdshu RPSOHWHO\UHPRYHDOOWKH Sdshudqgdvvrfldwhgwdsh Sodvwlfvwulsdorqjwkherwwrp Surwhfwlyhsdfndjlqj Ohiw RUN&HQWUH3UR8VHU*XLGH 5HSODFLQJWKH2RQHLOWHU Orvhdoofryhuvdqggrruv3XVKRXWWKHHLVWLQJXVHG Uhfhswdfoh 5HLQVWDOOWKH2RQHILOWHU 5HSODFLQJWKH6WDSOH&DUWULGJH WkhvwdsohuxqlwULSSLQJWKHVLGHVRIWKH6WDSOH Orvhwkhwrsfryhuriwkh Frqyhqlhqfhvwdsohuxqlw 8SWRWKUHHSDSHUWUD\VFDQEHLQVWDOOHGRQWKHRUN&HQWUH3UR RDGLQJ3DSHURDGLQJWKH3DSHU7UD\V \RXZLVKWRORDGSDSHURID Jxlghlqwrlwvqhzsrvlwlrq HIW*XLGH JxlghvWkhluqhzsrvlwlrq 7RDGMXVWWKH/HIW*XLGH Gluhfwlrqdoduurzv 0DFKLQHVWDWXVRXUZD\ Qwhu 0DFKLQHGHIDXOWV 3DSHUWUD\V6HOHFWSDSHUVLH RS\GHIDXOWV Dghidxowv HDWXUHVNH\ RDGLQJWKH%\SDVV7UD\ RUN&HQWUH3UR8VHU*XLGH DVLF7URXEOHVKRRWLQJ Surylghg DP&OHDUDQFH $FFHVV$UHDV7KHUHDUHWKUHHW\SHVRIMDP 3DSHUSDWK-DP RQYHQLHQFH6WDSOHU-DP 8VHWKHVFUROONH\ WR Surfhhgwrwkhqhwvwhsdqg SUHVVQWHU@ Ohdusdshumdp 2SHQVLGHFRYHU 3UHYHQWLQJ3DSHU-DPV 6SHFLILFDWLRQVWKHMRE7KHRULHQWDWLRQRIWKHSDSHULQWKHSDSHUWUD\PXVW Uljkwkdqgvlghfryhu Ohdusdshumdp &ORVHVLGHFRYHU DPSOHRIRFXPHQWHHGHU$$-DP Ruljlqdo 3UHVVVWDUWWRUHVXPH DPSOHRI&RQYHQLHQFH6WDSOHU-DPDuplqjxs DOOLQJIRU6HUYLFH LVSOD\LQJUURU&RGHVXVWRPHU6XSSRUW7HOHSKRQH1XPEHU 7KHWHOHSKRQHQXPEHURIWKHHURHOFRPH&HQWUHRU\RXU UURU0HVVDJH UURU0HVVDJHVDQG&RGHVUURU0HVVDJHV 7UD\LVQRWUHDG\ 0HPRU\HUURU XV\QRDQVZHU Hdwxuhxqdydlodeoh 3RZHUIDLOXUH 0HPRU\LVIXOOOHQJWKLO\SRZHUIDLOXUH DQ\ORVWFRPPXQLFDWLRQ Qxpehuriruljlqdosdjhv $GGSDSHUUhpryhg Srzhu UURU&RGHV 7HPSRUDU\ 7UD\HUURUPhfkdqlvp Huuru 7UD\HUURU Fryhuv Vhqvru FryhudiwhuzdugvMDP Orvhfryhuvdiwhuzdugv SDSHU&ORVHFRYHUV VHQVRUIURP7UD\Orvhfryhuv RSHQHGGXULQJFRS\LQJ Lihhqg 5HSODFHUXP&DUWULGJH7RQHULVQHDUO\HPSW\ 5HSODFHWRQHUFDUWULGJH 5HPRYHSDSHUIURPWUD\ 2SHUDWRURUDORFDOVHUYLFHUHSUHVHQWDWLYH PDJH4XDOLW\3UREOHPVQhdududgldwru 7URXEOH KHFN3RLQW D3UREOHPV7UDQVPLVVLRQ3UREOHPV QRUPDOO\ IhhghuruidfhgrzqrqwkhgrfxphqwjodvvEhlqjvhqw UHPRWH$HYHQWKRXJKLWLV 5HFHSWLRQ3UREOHPV VWKHVSHFLILHGSDSHUW\SHEHLQJXVH +DVWKHSDSHUEHHQVWRUHGFRUUHFWO\Dxvh +RZWR&RUUHFW RGH 3DSHU-DP Uuru Dxvh +RZWR&RUUHFW 0DFKLQHHIDXOWV6HWXSV KDQJLQJ0DFKLQHHIDXOWV Hidxowvhwwlqjlvwkhqsurylghg7KH0DFKLQH6WDWXVPHQX 7KH0DFKLQHHIDXOWVRSWLRQV 3DSHU7UD\V 8VHWKHVFUROONH\ WR VHOHFWDWUD\DQGSUHVV QWHU@ 3DSHUWUD\V DONXS6FUHHQDonxsvfuhhq 7LPH2XW 7LPHUV7LPHUV 6WDQGE\0RGH 7LPHRXW6WDQGE\ PLQ Ydoxh 6WDQGE\ PLQ6OHHS0RGH 7LPHRXW 6WDQGE\PRGH RUN&HQWUH3UR8VHU*XLGH QWHUUXSW.H\ QWHUUXSWNH\6SHDNHUYROXPH Hsduwphqwfrgh Lvdeoh 6SHDNHU9ROXPH 6SHDNHUYROXPHQWHUUXSWNH\ \WRXFKYROXPH 5LQJHUYROXPH 0RQLWRUYROXPH Vhwwlqj 3UHVVQWHU@ HSDUWPHQW&RGHV WKHQPRQLWRUHDFKGHSDUWPHQW¶VXVDJHIRUVHWWLQJXSLQGLYLGXDOHSDUWPHQW&RGHV Iruhdfkghsduwphqw Hsduwphqwfrghv 0DVWHUFRGHQWHUUXSWNH\ 6SHDNHUYROXPH 0DVWHUFRGHQXPEHU Qwhupdvwhufrghqdphpd 0DVWHUFRGHQXPEHU Qwhupdvwhufrgh 6HWXSRILQGLYLGXDOHSDUWPHQW&RGHV8VHWKHVFUROONH\ WR VHOHFWHSDUWPHQWFRGH@ DQGWKHQSUHVVQWHU@ Qwhupdvwhufrghru Qwhughsduwphqwfrgh Vhwxsvfuhhqvlvsurylghg Hohwhdoofrghv 3ULQWDOOFRGHVHsduwphqwqxpehu Qwhughsduwphqwqdphpd Hsduwphqwqxpehu Qwhupdvwhufrgh Qwhupdvwhufrghru Qwhughsduwphqwfrgh WRPRGLI\HLVWLQJFRGHV HS0RGLI\DUWPFXUUHQWHQWFRGHVFRGHV 0RGLI\LQJDQGHOHWLQJHSDUWPHQW&RGHV3UHVVQWHU@HOHWHDOOFRGHV6HOHFW0RGLI\FXUUHQWFRGHV@ Hsduwphqwqxpehu 8QDYDLODEOH$OUHDG\DVVLJQHGHsduwphqwqxpehu Hohwhg 7KHFRGHLVGHOHWHG Qwhughsduwphqwqdphpd 8VLQJHSDUWPHQW&RGHV Qwhu Ghsd Uwphq Wfrgh 5HPRWH6HUYLFH 4XLFN3DWKZD\ 0DFKLQH6WDWXV Hidxowvhwwlqjv 5HPRWHVHUYLFH 5HPRWHVHUYLFH 5HPRWH$FFHVV5HPRWHDFFHVV Rzqordgilupzduh 5HPRWHSDVVZRUG 6XSSOLHVRUGHU Rzqordglupzduh Rzqordgilupzduh5HPRWHDFFHVV 8VHWKHVFUROONH\ WR VHOHFWRZQORDGILUPZDUH@ DQGWKHQSUHVVQWHU@ 5HPRWH3DVVZRUG 6HWUHPRWHSDVVZRUG5HPRWHDFFHVV Rzqordgilupzduh Sdvvzrugpd 6XSSOLHV2UGHU 6HWWLQJXSHVWLQDWLRQ5HPRWHDFFHVV Rzqordgilupzduh 5HPRWHSDVVZRUG 6XSSOLHV 2WKHULQIRUPDWLRQ Hvwlqdwlrqvhwxs 6XSSOLHVRUGHU6HOHFWVXSSOLHV 7RQHURUGHULQJ Qwhusduwqxpehu QWHUTXDQWLW\6HOHFWDXWRRUGHU 6HOHFWDXWRRUGHU Qwhusduwqxpehu 2WKHULQIRUPDWLRQ QWHULQJ2UGHUHWDLOVHvwlqdwlrqvhwxs 6XSSOLHV Rqwdfwqdph Rqwdfwwhoqxpehu 6KLSWRQDPH 6KLSWRDGGUHVV 6XSSOLHVRUGHUUHSRUW 3ULQWLQJWKH6XSSOLHVRUPHidxowvhwwlqjv Hsduwphqwfrgh 6HWWLQJVUHSRUW 7KHUHDUHWKUHHUHSRUWVWKDWFDQEHSULQWHGIURPWKH 3ULQWLQJ5HSRUWVHsduwphqwfrgh 6HWWLQJUHSRUW 6XSSOLHVRUGHUUHSRUW HSDUWPHQW&RGH5HSRUW Hsduwphqwfrgh 6HWWLQJV5HSRUW DUG7LPHW\SHRXW 6XSSOLHVRUGHUUHSRUW 6HWWLQJVUHSRUW7R3ULQWWKH6HWWLQJV5HSRUW Rulqirupdwlrqrqvhwwlqjxswkhuhsruwuhihuwrsdjh 6XSSOLHV2UGHU5HSRUW7R3ULQWWKH6XSSOLHV2UGHU5HSRUW KDQJLQJWKH,QLWLDO6HWXS Hidxowvhwwlqjv 3ULQWUHSRUWWkhvhwxsvdydlodeoh 0DFKLQH6HULDO1XPEHU XVWRPHU6XSSRUW DWH7LPH QLWLDO6HWXSDWH7LPH 6HWWLQJ 7LPHIRUPDW GD\ 7XH7LPHRUPDW 6HWWLQJ Dwhirupdw Dwhrupdw6HWWLQJ 7LPHIRUPDW 0RQWKRUPDW 0RQWKIRUPDW Rfdoldwlrq Rfdoldwlrq0DFKLQHVHULDOQXPEHU Xvwrphuvxssruw 1HWZRUN Phdvxuhphqwvlqlqfkhvruploolphwuhv Dqjxdjh DqjxdjhRfdoldwlrq Wdoldqr Hxwvfk 1HGHUODQGV 6HOHFW0DFKLQH,@XVLQJWKH VFUROONH\ Dqgsuhvv QWHU@ 0DFKLQH0DFKLQH RXQWU\FRGH ID&RXQWU\FRGHLVQRW 0DFKLQH6HULDO1XPEHU 0DFKLQHVHULDOQXPEHU6HOHFW0DFKLQHVHULDO QXPEHU@XVLQJWKHVFUROONH\ DQGSUHVVQWHU@ Wkhvhwxsv Xvwrphuvxssruwqxpehu XVWRPHU6XSSRUWXvwrphuvxssruw HURVXSSO\QXPEHU HUR6XSSO\1XPEHU 1HWZRUN 0DFKLQHVHULDOQXPEHU Xvwrphuvxssruw 0HQX0DS Hidxowvhwwlqjv 3ULQWUHSRUW QlwldovhwxsVFUROONH\ Dqgsuhvv QWHU@ 6HOHFW0HQXPDS@XVLQJWKH 6HOI7HVW $XWRPDWLF7HVW6HOIWHVW Qglylgxdowhvw 3ULQWWHVWUHVXOW Qglylgxdo WHV W $XWRWHVWQGLYLGXDO7HVW 3ULQW7HVW5HVXOW 3ULQWWHVW$XWRWHVW Qglylgxdowhvw 8VHWKHVFUROONH\ WR VHOHFW3ULQWWHVWUHVXOW@ 3UHVVQWHU@ XVWRPHU6XSSRUW1XPEHU 6HOIWHVW 0DFKLQH6HULDO1XPEHU 6HOIWHVW XvwrphuvxssruwqxpehuHURVXSSO\QXPEHU 7RWDOSULQWFRXQWHU 0DFKLQHUHYLVLRQV 6HOHFW0DFKLQHVHULDO QXPEHU@XVLQJWKHVFUROONH\ DQGSUHVVQWHU@ HUR6XSSO\1XPEHU 6HOIWHVW Xvwrphuvxssruwqxpehu 0DFKLQHVHULDOQXPEHU7RWDOSULQWFRXQWHU 0DFKLQHUHYLVLRQV XVLQJWKHVFUROONH\ DQG SUHVVQWHU@ 7RWDO3ULQW&RXQWHU 7RWDOSULQWFRXQWHU 0DFKLQH5HYLVLRQV 0DFKLQHUHYLVLRQV RUN&HQWUH3UR8VHU*XLGH 7KLV$51,1*0DUNDOHUWVXVHUVWRKHDWHGVXUIDFHV 7KLVSURGXFWLVHTXLSSHGZLWKDZLUHW\SHSOXJSURYLGHG Frxogfuhdwhdkddugrxvvlwxdwlrq PdwhuldovrxwriuhdfkrifkloguhqGdpdjhwrwkhsurgxfw Xqohvvsurshuyhqwlodwlrqlvsurylghg 6DIHW\6WDQGDUGV Iroorzlqjqxpehu 5HJXODWRU\,QIRUPDWLRQ UhodwhgwrorzyrowdjhhtxlsphqwUHSUHVHQWDWLYHRUE\FRQWDFWLQJ QYLURQPHQW+HDOWKDQG6DIHW\ Qjodqg Wdnhdghtxdwhphdvxuhv DXWKRULW\WRRSHUDWHWKLVHTXLSPHQW DVHU6DIHW\ 7KHOHFWULFLW\DWRUN5HJXODWLRQV8.21QDWLRQDOVWDQGDUGVERG\ Vhuylfhgdqgpdlqwdlqhgdwdoowlphv Vdih PDLQWDLQHGE\FRPSHWHQWSHUVRQV$165 7KHUHJXODWLRQSODFHVDGXW\RQDOOHPSOR\HUV 7KHUHJXODWLRQGRHVQRWLPSRVHRQDPRQJVWRWKHUV 2UJDQLDWLRQIRUIXUWKHULQIRUPDWLRQ RQWKH52HTXLSPHQWLQP\SUHPLVHV4867,21 ,UHTXLUHUHFRUGVRIDOOWHVWV 3OHDVHFRQWDFWWKH52/LPLWHG&XVWRPHU6HUYLFH Huwlilfdwlrqwr 5HJXODWLRQV 6HQG+HDGHU5HTXLUHPHQWVDWD&RXSOHU,QIRUPDWLRQ Lqydolgdwhlwvfhuwlilfdwlrq RUN&HQWUH3UR8VHU*XLGH $ XQGHU&&UXOHV HDUO\PRUQLQJKRXUVRUODWHHYHQLQJV7KHWHOHSKRQHFRPSDQ\PD\PDNHFKDQJHVWRLWV PPHGLDWHO\QRWLI\\RXRIWKHLUWHPSRUDU\DFWLRQ DQDGLDQ&HUWLILFDWLRQ Duhdv5HSDLUVWRFHUWLILHGHTXLSPHQWVKRXOGEHPDGHE\DQ 1RWLFH7KH5LQJHUTXLYDOHQFH1XPEHU51DVVLJQHGWR QYLURQPHQWDO&RPSOLDQFH QHUJ\6WDUŠ $SSHQGL%6SHFLILFDWLRQV 7KHRUN&HQWUH3URDGKHUHVWRVWULFWVSHFLILFDWLRQV 0DFKLQH6SHFLILFDWLRQV +DUGZDUH&RQILJXUDWLRQ0DFKLQHHLJKW $FFHVVLELOLW\ RS\6SHHG RS\0DJQLILFDWLRQVDUPXS7LPH =RRPUDQJHWRLQLQFUHPHQWV $SSURYHG0HGLD \SDVV7UD\ HQWUH7UD\ OHFWULFDO6SHFLILFDWLRQVXursh 6WDFNLQJ&DSDFLW\ DSSURLPDWHO\VKHHWV HOLYHU\ Idfhgrzqlqrughu RUN&HQWUH3UR8VHU*XLGH 1XPHULFV $SSHQGL$6DIHW\1RWHVA-13URFHGXUH6-14 6SHFLILFDWLRQVB-4 DOOLQJIRU6HUYLFH9-7 Kdqjlqjhidxowv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

&RQILUPDWLRQ￿5HSRUW

UHTXLUHG￿

$￿&RQILUPDWLRQ￿5HSRUW￿FDQ￿EH￿VHW￿XS￿WR￿EH￿SULQWHG￿

&RQILUPDWLRQ￿UHSRUW

￿￿￿(UURUV￿RQO\

&RQILUPDWLRQ￿5HSRUW￿2SWLRQV