Panasonic of North America JT-B1APAAZAMV TABLET COMPUTER User Manual JT B1 eng PGQX1334ZA 20130122 indd

Panasonic Corporation of North America TABLET COMPUTER JT B1 eng PGQX1334ZA 20130122 indd

User Manual

*HWWLQJ6WDUWHG 5HDG0H)LUVW8VLQJ7URXEOHVKRRWLQJ$SSHQGL[
モヒ モビ モピ
7KDQN\RXIRUSXUFKDVLQJWKLV3DQDVRQLFSURGXFW
3OHDVHUHDGWKHVHLQVWUXFWLRQVFDUHIXOO\EHIRUHXVLQJWKLVSURGXFWDQGVDYHWKLVPDQXDO
IRUIXWXUHXVH
23(5$7,1*,16758&7,216
7DEOHW&RPSXWHU
0RGHO1R-7%VHULHV
&RQWHQWV
5HDG0H)LUVW
6DIHW\SUHFDXWLRQV
5HJXODWRU\LQIRUPDWLRQ
*HWWLQJ6WDUWHG
+DQGOLQJDQGPDLQWHQDQFH
,QWURGXFWLRQ
&RQ¿UPDWLRQRIDFFHVVRULHV
'HVFULSWLRQRISDUWV
8VLQJ
,QSXWRSHUDWLRQ
7XUQLQJRQRIIDQGVOHHSLQJZDNLQJXS
)LUVWWLPHRSHUDWLRQ
+RZWRDWWDFKWKHKDQGVWUDS
+RZWRFKDQJHWKHEDWWHU\SDFN
,QVWDOOLQJDQGUHPRYLQJWKHPLFUR6,0FDUG
,QVWDOOLQJDQGUHPRYLQJWKHPLFUR6'
PHPRU\FDUG
7URXEOHVKRRWLQJ
7URXEOHVKRRWLQJEDVLF
$SSHQGL[
6SHFL¿FDWLRQV
2SWLRQV
/,0,7(':$55$17<
)RUIXUWKHULQIRUPDWLRQDERXWWKLV
FRPSXWHU\RXFDQUHIHUWRWKH
RQVFUHHQPDQXDOE\SHUIRUPLQJ
WKHIROORZLQJVWHSV
7RXFK ±> 2QOLQH0DQXDO@
UHIHUUHGWRDV³5HIHUHQFH
0DQXDO´
:KHQPRUHWKDQRQHRQVFUHHQ
PDQXDOVDUHSUHSDUHGQDPH
RIWKRVHPDQXDOVDUHOLVWHGLQ
DERYHVWHS7RXFKDPDQXDOWR
DFFHVVIURPWKHOLVW
5HDG0H)LUVW
6DIHW\SUHFDXWLRQV
7RUHGXFHWKHULVNRILQMXU\ORVVRIOLIH
HOHFWULFVKRFN¿UHPDOIXQFWLRQDQG
GDPDJHWRHTXLSPHQWRUSURSHUW\DOZD\V
REVHUYHWKHIROORZLQJVDIHW\SUHFDXWLRQV
([SODQDWLRQRIV\PEROZRUGSDQHOV
7KHIROORZLQJV\PEROZRUGSDQHOVDUHXVHG
WRFODVVLI\DQGGHVFULEHWKHOHYHORIKD]DUG
LQMXU\DQGSURSHUW\GDPDJHFDXVHGZKHQ
WKHGHQRWDWLRQLVGLVUHJDUGHGDQGLPSURSHU
XVHLVSHUIRUPHG
'$1*(5
'HQRWHVDSRWHQWLDOKD]DUGWKDWZLOOUHVXOW
LQVHULRXVLQMXU\RUGHDWK
:$51,1*
'HQRWHVDSRWHQWLDOKD]DUGWKDWFRXOG
UHVXOWLQVHULRXVLQMXU\RUGHDWK
&$87,21
'HQRWHVDKD]DUGWKDWFRXOGUHVXOWLQ
PLQRULQMXU\
127,&(
'HQRWHVDKD]DUGWKDWFRXOGUHVXOWLQ
SURSHUW\GDPDJH
7KHIROORZLQJV\PEROVDUHXVHGWRFODVVLI\
DQGGHVFULEHWKHW\SHRILQVWUXFWLRQVWREH
REVHUYHG
7KLVV\PEROLVXVHGWRDOHUWXVHUV
WRDVSHFL¿FRSHUDWLQJSURFHGXUH
WKDWPXVWQRWEHSHUIRUPHG
7KLVV\PEROLVXVHGWRDOHUWXVHUV
WRDVSHFL¿FRSHUDWLQJSURFHGXUH
WKDWPXVWEHIROORZHGLQRUGHUWR
RSHUDWHWKHXQLWVDIHW\
x 7DEOHWFRPSXWHU
:$51,1*
8VHWKHGHGLFDWHG$&DGDSWRU
-7%$'8
*HQHUDWLRQRIKHDWLJQLWLRQRU
UXSWXUHRIWKHSURGXFWPD\UHVXOW
'RQRWGLVDVVHPEOHWKLV
SURGXFW
<RXPD\UHFHLYHDQHOHFWULF
VKRFNRUIRUHLJQPDWWHUPD\
HQWHUDQGUHVXOWLQD¿UH
'RQRWLQVHUWIRUHLJQREMHFWV
'RLQJVRPD\FDXVHWKHEDWWHU\
WRVKRUWFLUFXLWRUJHQHUDWHKHDW
SRVVLEO\UHVXOWLQJLQD¿UHDQGRU
HOHFWULFVKRFNV
,IDPDOIXQFWLRQRUWURXEOH
RFFXUVLPPHGLDWHO\VWRSXVH
,IDPDOIXQFWLRQRFFXUV
LPPHGLDWHO\XQSOXJWKH$&
SOXJ
y 7KLVSURGXFWLVGDPDJHG
y :DWHURUIRUHLJQREMHFWVKDYH
IRXQGWKHLUZD\LQVLGHWKH
SURGXFW
y 6PRNHHPLWWHG
y $EQRUPDORGRUVRUVRXQGVDUH
EHLQJHPLWWHG
y 8QXVXDOO\KRW
&RQWLQXLQJWRXVHWKLVSURGXFW
ZKLOHDQ\RIWKHDERYHFRQGLWLRQV
DUHSUHVHQWPD\UHVXOWLQ¿UHRU
HOHFWULFVKRFN
y ,IDPDOIXQFWLRQRUWURXEOHRFFXUV
LPPHGLDWHO\WXUQWKHSRZHURII
DQGXQSOXJWKH$&SOXJ7KHQ
FRQWDFW\RXUWHFKQLFDOVXSSRUW
RI¿FHIRUUHSDLU
5HDG0H)LUVW
:$51,1*
'RQRWWXUQWKHYROXPHXSWR
ORXGZKHQXVLQJKHDGSKRQHV
/LVWHQLQJDWKLJKYROXPHVWKDW
RYHUVWLPXODWHWKHHDUIRUORQJ
SHULRGVRIWLPHPD\UHVXOWLQORVV
RIKHDULQJ
'RQRWWRXFKWKLVSURGXFWDQG
FDEOHZKHQLWVWDUWVWKXQGHULQJ
(OHFWULFVKRFNPD\UHVXOW
&ORVHWKHFRQQHFWRUFRYHU
WLJKWO\ZKHQXVLQJWKLV
SURGXFWZKHUHLVDORWRIZDWHU
PRLVWXUHVWHDPGXVWRLO\
YDSRUVHWF
7KHHQWU\RIIRUHLJQPDWWHUPD\
FDXVHD¿UHRUHOHFWULFVKRFNV
y ,IIRUHLJQPDWWHUKDVIRXQGLWV
ZD\LQVLGHLPPHGLDWHO\WXUQ
WKHSRZHURIIDQGXQSOXJWKH
$&FRUG7KHQFRQWDFW\RXU
WHFKQLFDOVXSSRUWRI¿FH
.HHSPLFUR6'PHPRU\FDUGV
DZD\IURPLQIDQWVDQGVPDOO
FKLOGUHQ
$FFLGHQWDOVZDOORZLQJZLOOUHVXOW
LQERGLO\LQMXU\
y ,QWKHHYHQWRIDFFLGHQWDO
VZDOORZLQJVHHDGRFWRU
LPPHGLDWHO\
.HHSPLFUR6,0FDUGVDZD\
IURPLQIDQWVDQGVPDOOFKLOGUHQ
$FFLGHQWDOVZDOORZLQJZLOOUHVXOW
LQERGLO\LQMXU\
y ,QWKHHYHQWRIDFFLGHQWDO
VZDOORZLQJVHHDGRFWRU
LPPHGLDWHO\
'RQRWXVHZLWKH[SRVLQJWKH
VNLQWRWKLVSURGXFWIRUDORQJ
SHULRGRIWLPH
8VLQJWKLVSURGXFWZLWKH[SRVLQJ
WKHVNLQWRWKHKHDWVRXUFHRIWKLV
SURGXFWRU$&DGDSWRUIRUDORQJ
SHULRGRIWLPHFDQFDXVHDORZ
WHPSHUDWXUHEXUQ
'RQRWRSHUDWHWKLVSURGXFW
GXULQJZDONLQJELF\FOHULGLQJ
RUFDUGULYLQJ
7KHUHLVWKHULVNRIIDOOLQJRUD
WUDI¿FDFFLGHQW
'RQRWXVHWKLVHTXLSPHQW
FORVHWRDQDXWRPDWLFFRQWURO
HTXLSPHQWOLNHDQDXWRPDWLF
GRRU¿UHDODUPDQGVRRQ
5DGLRZDYHVIURPWKLVHTXLSPHQW
PD\FDXVHWKHWURXEOHE\
DPDOIXQFWLRQIRUDXWRPDWLF
HTXLSPHQW
'RQRWXVHKHDGSKRQHVZKLOH
\RXDUHGULYLQJRULQRWKHU
VLWXDWLRQVZKHUH\RXULQDELOLW\
WRKHDUWKHVRXQGVDURXQG\RX
LVSRWHQWLDOO\GDQJHURXV
2WKHUZLVH\RXPD\KDYHDQ
DFFLGHQW
7DNHVSHFLDOFDUHDWOHYHO
FURVVLQJVRQVWDWLRQSODWIRUPV
URDGVFRQVWUXFWLRQVLWHVHWF
5HDG0H)LUVW
6DIHW\SUHFDXWLRQV
x 7DEOHWFRPSXWHUFRQWLQXHG
&$87,21
'RQRWSODFHWKLVSURGXFWRQ
XQVWDEOHVXUIDFHV
,IEDODQFHLVORVWWKLVSURGXFWPD\
IDOORYHURUGURSUHVXOWLQJLQDQ
LQMXU\
7DNHDEUHDNRIPLQXWHV
HYHU\KRXU
8VLQJWKLVSURGXFWIRUORQJ
SHULRGVRIWLPHPD\KDYH
GHWULPHQWDOKHDOWKHIIHFWVRQWKH
H\HVRUKDQGV
'RQRWPRYHWKLVSURGXFWZKLOH
WKH$&SOXJLVFRQQHFWHG
7KH$&FRUGPD\EHGDPDJHG
UHVXOWLQJLQ¿UHRUHOHFWULFVKRFN
y ,IWKH$&FRUGLVGDPDJHG
XQSOXJWKH$&SOXJLPPHGLDWHO\
'RQRWVSODVKZDWHURQWKH
WDEOHWFRPSXWHURUPRLVWHQWKH
WDEOHWFRPSXWHUZLWKZDWHU
7KHUHLVWKHULVNRIKHDW
JHQHUDWLRQ¿UHRUH[SORVLRQ
7XUQGRZQWKHYROXPHRIWKH
KHDGSKRQHVEHIRUHFRQQHFWLQJ
WKHKHDGSKRQHV
,I\RXFRQQHFWWKHKHDGSKRQHV
ZLWKWKHYROXPHWXUQHGXSZD\
WRRPXFK\RXUHDUVZLOOEH
VXGGHQO\H[SRVHGWRDKLJK
YROXPHVRXQGZKLFKPD\
GDPDJH\RXUKHDULQJ
y 7XUQXSWKHYROXPHOLWWOHE\OLWWOH
$YRLGVWDFNLQJ
,IEDODQFHLVORVWWKLVSURGXFWPD\
IDOORYHURUGURSUHVXOWLQJLQDQ
LQMXU\
'RQRWOHDYHWKLVSURGXFWLQ
KLJKWHPSHUDWXUHHQYLURQPHQW
IRUDORQJSHULRGRIWLPH
/HDYLQJWKLVSURGXFWZKHUHLWZLOO
EHH[SRVHGWRH[WUHPHO\KLJK
WHPSHUDWXUHVVXFKDVQHDU¿UH
RULQGLUHFWVXQOLJKWPD\GHIRUP
WKHFDELQHWDQGRUFDXVHWURXEOH
LQWKHLQWHUQDOSDUWV&RQWLQXHG
XVHLQVXFKDUHVXOWLQJFRQGLWLRQ
PD\OHDGWRVKRUWFLUFXLWLQJRU
LQVXODWLRQGHIHFWVHWFZKLFKPD\
LQWXUQOHDGWRD¿UHRUHOHFWULF
VKRFNV
'RQRWH[SRVHWKHVNLQWR
WKLVSURGXFWZKHQXVLQJ
WKHSURGXFWLQDKRWRUFROG
HQYLURQPHQW
%XUQVORZWHPSHUDWXUHEXUQVRU
IURVWELWHPD\UHVXOW
y :KHQLWLVQHFHVVDU\WRH[SRVH
WKHVNLQWRWKLVSURGXFWVXFKDV
WRVFDQD¿QJHUSULQWSHUIRUP
WKHRSHUDWLRQLQWKHVKRUWHVW
WLPHSRVVLEOH
'RQRWORRNGLUHFWO\LQWRWKH
FDPHUDOLJKWRUSRLQWLWDWRWKHU
SHRSOH¶VH\HV
/RRNLQJGLUHFWO\DWWKHZKLWHOLJKW
IRUSURORQJHGSHULRGVRIWLPHPD\
GDPDJH\RXUH\HV
5HDG0H)LUVW
x %DWWHU\SDFN-7%%78
'$1*(5
7KLVUHFKDUJHDEOHEDWWHU\LVIRU
XVHVROHO\ZLWKWKHGHVLJQDWHG
SURGXFW
'RQRWXVHLWIRUDQ\RWKHU
SURGXFWV
*HQHUDWLRQRIKHDWLJQLWLRQRU
UXSWXUHRIWKHEDWWHU\PD\UHVXOW
'RQRWLQVHUWVKDUSREMHFWV
LQWRWKHLQWHUQDOEDWWHU\
GLVDVVHPEOHRUPRGLI\LW
(OHFWURO\WHOHDNDJHJHQHUDWLRQ
RIKHDWLJQLWLRQRUUXSWXUHRIWKH
EDWWHU\PD\UHVXOW
'RQRWVKRUWSRVLWLYHDQG
QHJDWLYH±FRQWDFW
'RQRWFDUU\LWDURXQGRUVWRUH
LWWRJHWKHUZLWKQHFNODFHV
KDLUSLQVHWF
*HQHUDWLRQRIKHDWLJQLWLRQRU
UXSWXUHRIWKHEDWWHU\PD\UHVXOW
'RQRWWKURZWKHSURGXFWLQWR
D¿UHRUH[SRVHLWWRH[FHVVLYH
KHDW
*HQHUDWLRQRIKHDWLJQLWLRQRU
UXSWXUHRIWKHEDWWHU\PD\UHVXOW
$YRLGH[WUHPHKHDWQHDUWKH
¿UHLQGLUHFWVXQOLJKWIRU
H[DPSOH
(OHFWURO\WHOHDNDJHJHQHUDWLRQ
RIKHDWLJQLWLRQRUUXSWXUHRIWKH
EDWWHU\PD\UHVXOW
8VHWKHGHGLFDWHGFKDUJHU
*HQHUDWLRQRIKHDWLJQLWLRQRU
UXSWXUHRIWKHEDWWHU\PD\UHVXOW
:$51,1*
'RQRWVSODVKZDWHURQWKH
EDWWHU\SDFNRUPRLVWHQWKH
EDWWHU\SDFNZLWKZDWHU
*HQHUDWLRQRIKHDWLJQLWLRQRU
UXSWXUHRIWKHEDWWHU\PD\UHVXOW
,IWKHEDWWHU\SDFNOHDNVOLTXLG
RUVPHOOVGRQRWEULQJWKH
EDWWHU\SDFNFORVHWR¿UH
*HQHUDWLRQRIKHDWLJQLWLRQRU
UXSWXUHRIWKHEDWWHU\PD\UHVXOW
'RQRWWRXFKWKHHOHFWURO\WH
OHDNHGIURPWKHEDWWHU\SDFN
,IHOHFWURO\WHJHWVRQ\RXUERG\
RUFORWKLQJULQVHLWRIIWKRURXJKO\
ZLWKZDWHU
(QWU\RIWKHHOHFWURO\WHLQWRDQ
H\HPD\OHDGWREOLQGQHVV,Q
VXFKDFDVHULQVHWKHDIIHFWHG
H\HWKRURXJKO\ZLWKFOHDQZDWHU
DQGWKHQVHHNPHGLFDODWWHQWLRQ
LPPHGLDWHO\
5HDG0H)LUVW
6DIHW\SUHFDXWLRQV
x $&DGDSWRU-7%$'8
:$51,1*
'RQRWGRDQ\WKLQJWKDWPD\
GDPDJHWKH$&FRUGWKH$&
SOXJRUWKH$&DGDSWRU
'RQRWGDPDJHRUPRGLI\WKH
FRUGSODFHLWQHDUKRWWRROVEHQG
WZLVWRUSXOOLWIRUFHIXOO\SODFH
KHDY\REMHFWVRQLWRUEXQGOH
LWWLJKWO\&RQWLQXLQJWRXVHD
GDPDJHGFRUGPD\UHVXOWLQ¿UH
VKRUWFLUFXLWRUHOHFWULFVKRFN
'RQRWPRYHWKLVSURGXFWZKLOH
WKH$&SOXJLVFRQQHFWHG
7KH$&FRUGPD\EHGDPDJHG
UHVXOWLQJLQ¿UHRUHOHFWULFVKRFN
y ,IWKH$&FRUGLVGDPDJHG
XQSOXJWKH$&SOXJLPPHGLDWHO\
7KLV$&DGDSWRULVIRUXVH
VROHO\ZLWKWKHGHVLJQDWHG
SURGXFW
'RQRWXVHLWIRUDQ\RWKHU
SURGXFWV
2WKHUZLVHLWPD\FDXVHSUREOHPV
LQRSHUDWLRQDQGRUWURXEOH
,QVHUWWKH$&SOXJFRPSOHWHO\
,IWKHSOXJLVQRWLQVHUWHG
FRPSOHWHO\¿UHGXHWRRYHUKHDWLQJ
RUHOHFWULFVKRFNPD\UHVXOW
y 'RQRWXVHDGDPDJHGSOXJRU
ORRVH$&RXWOHW
&OHDQGXVWDQGRWKHUGHEULVRI
WKH$&SOXJUHJXODUO\
,IGXVWRURWKHUGHEULV
DFFXPXODWHVRQWKHSOXJ
KXPLGLW\HWFPD\FDXVHDGHIHFW
LQWKHLQVXODWLRQZKLFKPD\UHVXOW
LQD¿UH
y 3XOOWKHSOXJDQGZLSHLWZLWK
DGU\FORWK3XOOWKHSOXJLIWKH
FRPSXWHULVQRWEHLQJXVHGIRUD
ORQJSHULRGRIWLPH
,IDPDOIXQFWLRQRUWURXEOH
RFFXUVLPPHGLDWHO\VWRSXVH
y 7KLVSURGXFWLVGDPDJHG
y :DWHURUIRUHLJQREMHFWVKDYH
IRXQGWKHLUZD\LQVLGHWKH
SURGXFW
y 6PRNHHPLWWHG
y $EQRUPDORGRUVRUVRXQGVDUH
EHLQJHPLWWHG
y 8QXVXDOO\KRW
&RQWLQXLQJWRXVHWKLVSURGXFW
ZKLOHDQ\RIWKHDERYHFRQGLWLRQV
DUHSUHVHQWPD\UHVXOWLQ¿UHRU
HOHFWULFVKRFN
y ,IDPDOIXQFWLRQRUWURXEOHRFFXUV
LPPHGLDWHO\WXUQWKHSRZHURII
DQGXQSOXJWKH$&SOXJ7KHQ
FRQWDFW\RXUWHFKQLFDOVXSSRUW
RI¿FHIRUUHSDLU
'RQRWFRQQHFWWKH$&DGDSWRU
WRDSRZHUVRXUFHRWKHUWKDQD
VWDQGDUGKRXVHKROG$&RXWOHW
2WKHUZLVHD¿UHGXHWRRYHUKHDWLQJ
PD\UHVXOW&RQQHFWLQJWRD'&$&
FRQYHUWHULQYHUWHUPD\GDPDJH
WKH$&DGDSWRU2QDQDLUSODQH
RQO\FRQQHFWWKH$&DGDSWRU
FKDUJHUWRDQ$&RXWOHWVSHFL¿FDOO\
DSSURYHGIRUVXFKXVH
'RQRWWRXFKWKLVSURGXFWDQG
FDEOHZKHQLWVWDUWVWKXQGHULQJ
(OHFWULFVKRFNPD\UHVXOW
'RQRWSXOORULQVHUWWKH$&
SOXJLI\RXUKDQGVDUHZHW
(OHFWULFVKRFNPD\UHVXOW
5HDG0H)LUVW
&$87,21
+ROGWKHSOXJZKHQXQSOXJJLQJ
WKH$&SOXJ
3XOOLQJRQWKHFRUGPD\GDPDJH
WKHFRUGUHVXOWLQJLQD¿UHRU
HOHFWULFVKRFN
'RQRWVSODVKZDWHURQWKH
$&DGDSWRURUPRLVWHQWKH$&
DGDSWRUZLWKZDWHU
'RLQJVRPD\FDXVHWKHEDWWHU\
WRVKRUWFLUFXLWRUJHQHUDWHKHDW
SRVVLEO\UHVXOWLQJLQD¿UHHOHFWULF
VKRFNVDQGRULQMXU\
y ,IWKHXQLWJHWVZHWGLVFRQQHFW
WKH$&DGDSWRUDQG$&SOXJ
LPPHGLDWHO\DQGFRQWDFW\RXU
WHFKQLFDOVXSSRUWRI¿FH
8VHRQO\WKH$&FRUGSURYLGHG
ZLWKWKHSURGXFWGRQRWXVH
DQ\RWKHU$&FRUG
8VLQJD$&FRUGZKLFKLVQRWWKH
RQHSURYLGHGPD\FDXVHD¿UH
DQGRUHOHFWULFVKRFNV
'RQRWXVHWKHDFFHVVRU\$&
FRUGSURYLGHGZLWKWKLVSURGXFW
IRUDQ\RWKHUSURGXFW
2WKHUZLVHLWPD\FDXVH¿UHRU
HOHFWULFVKRFN
'RQRWGLVDVVHPEOHWKLV
SURGXFW
<RXPD\UHFHLYHDQHOHFWULF
VKRFNRUIRUHLJQPDWWHUPD\
HQWHUDQGUHVXOWLQD¿UH
7RHQVXUHVDIHW\GLVFRQQHFW
WKH$&SOXJIURPWKH$&RXWOHW
ZKHQFOHDQLQJWKHSURGXFWRU
ZKHQWKHSURGXFWLVQRWJRLQJ
WREHXVHGIRUDSURORQJHG
SHULRG
2WKHUZLVHLWPD\FDXVH¿UHRU
HOHFWULFVKRFN
'RQRWVXEMHFWWKH$&DGDSWRU
WRVWURQJLPSDFW
&RQWLQXLQJWRXVHDQ$&DGDSWRU
ZKLFKKDVEHHQGURSSHGRU
RWKHUZLVHVXEMHFWHGWRDVWURQJ
LPSDFWPD\UHVXOWLQHOHFWULF
VKRFNVVKRUWFLUFXLWLQJDQGRUD
¿UH
y &RQWDFW\RXUWHFKQLFDOVXSSRUW
RI¿FHIRUUHSDLU
5HDG0H)LUVW
6DIHW\SUHFDXWLRQV
127,&(
p 'RQRWSODFHWKHFRPSXWHUQHDUD
WHOHYLVLRQRUUDGLRUHFHLYHU
p .HHSWKHFRPSXWHUDZD\IURPPDJQHWV
'DWDVWRUHGRQWKHÀDVKPHPRU\PD\
EHORVW
p 7KLVFRPSXWHULVQRWLQWHQGHGIRUWKH
GLVSOD\RILPDJHVIRUXVHLQPHGLFDO
GLDJQRVLV
p 7KLVFRPSXWHULVQRWLQWHQGHGIRUDXVH
ZLWKFRQQHFWLRQRIPHGLFDOHTXLSPHQWIRU
WKHSXUSRVHRIPHGLFDOGLDJQRVLV
p 3DQDVRQLFVKDOOQRWEHOLDEOHIRUORVVRI
GDWDRURWKHULQFLGHQWDORUFRQVHTXHQWLDO
GDPDJHVUHVXOWLQJIURPWKHXVHRIWKLV
SURGXFW
p ,IWKLVFRPSXWHUZLOOQRWEHXVHGIRUD
ORQJSHULRGRIWLPHDPRQWKRUPRUH
FKDUJHRUGLVFKDUJHXVHWKHEDWWHU\
XQWLOWKHUHPDLQLQJEDWWHU\OHYHOEHFRPHV
WRDQGVWRUHWKHSURGXFWLQD
FRROGU\SODFH
p 7KLVFRPSXWHUSUHYHQWVRYHUFKDUJLQJRI
WKHEDWWHU\E\UHFKDUJLQJRQO\ZKHQWKH
UHPDLQLQJSRZHULVOHVVWKDQDSSUR[
RIFDSDFLW\
p 7KHEDWWHU\LVQRWFKDUJHGZKHQWKLV
FRPSXWHULV¿UVWSXUFKDVHG%HVXUH
WRFKDUJHLWEHIRUHXVLQJLWIRUWKH¿UVW
WLPH:KHQWKH$&DGDSWRULVFRQQHFWHG
WRWKLVFRPSXWHUFKDUJLQJEHJLQV
DXWRPDWLFDOO\
p 6KRXOGWKHEDWWHU\OHDNDQGWKHÀXLGJHW
LQWR\RXUH\HVGRQRWUXE\RXUH\HV
,PPHGLDWHO\ÀXVK\RXUH\HVZLWKFOHDU
ZDWHUDQGVHHDGRFWRUIRUPHGLFDO
WUHDWPHQWDVVRRQDVSRVVLEOH
127(
p 7KHEDWWHU\PD\EHFRPHZDUPGXULQJ
UHFKDUJLQJRUQRUPDOXVH7KLVLV
FRPSOHWHO\QRUPDO
p 5HFKDUJLQJZLOOQRWFRPPHQFHLILQWHUQDO
WHPSHUDWXUHRIWKHEDWWHU\LVRXWVLGHRI
WKHDOORZDEOHWHPSHUDWXUHUDQJH&
WR&^)WR)`2QFHWKH
DOORZDEOHUDQJHUHTXLUHPHQWLVVDWLV¿HG
FKDUJLQJEHJLQVDXWRPDWLFDOO\1RWHWKDW
WKHUHFKDUJLQJWLPHYDULHVEDVHGRQWKH
XVDJHFRQGLWLRQV5HFKDUJLQJWDNHV
ORQJHUWKDQXVXDOZKHQWKHWHPSHUDWXUH
LV&^)`RUEHORZ
p ,IWKHWHPSHUDWXUHLVORZWKHRSHUDWLQJ
WLPHLVVKRUWHQHG2QO\XVHWKHFRPSXWHU
ZLWKLQWKHDOORZDEOHWHPSHUDWXUHUDQJH
p 7KHEDWWHU\LVDFRQVXPDEOHLWHP,I
WKHDPRXQWRIWLPHWKHFRPSXWHUFDQ
EHUXQE\XVLQJDSDUWLFXODUEDWWHU\
EHFRPHVGUDPDWLFDOO\VKRUWHUDQG
UHSHDWHGUHFKDUJLQJGRHVQRWUHVWRUH
LWVSHUIRUPDQFHWKHEDWWHU\VKRXOGEH
UHSODFHGZLWKDQHZRQH&RQWDFW\RXU
WHFKQLFDOVXSSRUWRI¿FH
p $OZD\VSRZHURIIWKHFRPSXWHUZKHQLW
LVQRWLQXVH/HDYLQJWKHFRPSXWHURQ
ZKHQWKH$&DGDSWRULVQRWFRQQHFWHG
ZLOOH[KDXVWWKHUHPDLQLQJEDWWHU\
FDSDFLW\
5HDG0H)LUVW
7+,6352'8&7,6127,17(1'('
)2586($625$63$572)
18&/($5(48,30(176<67(06
$,575$)),&&21752/(48,30(17
6<67(06$,5&5$)7&2&.3,7
(48,30(176<67(060(',&$/
'(9,&(625$&&(6625,(6
/,)(68332576<67(062527+(5
(48,30(176'(9,&(66<67(06
7+$7$5(,192/9(':,7+
(1685,1*+80$1/,)(256$)(7<
3$1$621,&:,//127%(
5(63216,%/()25$1</,$%,/,7<
5(68/7,1*)5207+(86(2)7+,6
352'8&7$5,6,1*2872)7+(
)25(*2,1*86(6
 $,5&5$)7&2&.3,7(48,30(17
6<67(06LQFOXGH&ODVV(OHFWULFDO
)OLJKW%DJ()%6\VWHPVDQG
&ODVV()%6\VWHPVZKHQXVHG
GXULQJFULWLFDOSKDVHVRIÀLJKWHJ
GXULQJWDNHRIIDQGODQGLQJDQGRU
PRXQWHGRQWRWKHDLUFUDIW&ODVV
()%6\VWHPVDQG()%6\VWHPV
DUHGH¿QHGE\)$$$&$GYLVRU\
&LUFXODU$RU-$$-$$7*/
7HPSRUDU\*XLGDQFH/HDÀHWV
1R
 $VGH¿QHGE\WKH(XURSHDQ0HGLFDO
'HYLFH'LUHFWLYH0''((&
3DQDVRQLFFDQQRWJXDUDQWHHDQ\
VSHFL¿FDWLRQVWHFKQRORJLHVUHOLDELOLW\
VDIHW\HJ)ODPPDELOLW\6PRNH
7R[LFLW\5DGLR)UHTXHQF\(PLVVLRQHWF
UHTXLUHPHQWVUHODWHGWRDYLDWLRQ
VWDQGDUGVDQGPHGLFDOHTXLSPHQW
VWDQGDUGVWKDWGLIIHUIURPWKH
VSHFL¿FDWLRQVRIRXU&276
&RPPHUFLDO2II7KH6KHOISURGXFWV
7KLVFRPSXWHULVQRWLQWHQGHGIRUXVHLQ
PHGLFDOHTXLSPHQWLQFOXGLQJOLIHVXSSRUW
V\VWHPVDLUWUDI¿FFRQWUROV\VWHPVRU
RWKHUHTXLSPHQWGHYLFHVRUV\VWHPV
WKDWDUHLQYROYHGZLWKHQVXULQJKXPDQ
OLIHRUVDIHW\3DQDVRQLFFDQQRWEHKHOG
UHVSRQVLEOHLQDQ\ZD\IRUDQ\GDPDJHV
RUORVVUHVXOWLQJIURPWKHXVHRIWKLVXQLW
LQWKHVHW\SHVRIHTXLSPHQWGHYLFHVRU
V\VWHPVHWF
7KLVFRPSXWHUKDVEHHQGHVLJQHGVRDV
WRPLQLPL]HVKRFNWRWKH/&'WKHOHDNDJH
RIOLTXLGHJZDWHURQWRWKHEXWWRQV
HWFEXWQRZDUUDQW\LVSURYLGHGDJDLQVW
VXFKWURXEOH7KHUHIRUHDVDSUHFLVLRQ
LQVWUXPHQWEHH[WUHPHO\FDUHIXOLQWKH
KDQGOLQJ
5HDG0H)LUVW

,QIRUPDWLRQWRWKHXVHU
7KLVSURGXFWDQG\RXUKHDOWK
7KLVSURGXFWOLNHRWKHUUDGLRGHYLFHV
HPLWVUDGLRIUHTXHQF\HOHFWURPDJQHWLF
HQHUJ\7KHOHYHORIHQHUJ\HPLWWHGE\WKLV
SURGXFWKRZHYHULVIDUPXFKOHVVWKDQWKH
HOHFWURPDJQHWLFHQHUJ\HPLWWHGE\ZLUHOHVV
GHYLFHVOLNHIRUH[DPSOHPRELOHSKRQHV
%HFDXVHWKLVSURGXFWRSHUDWHVZLWKLQ
WKHJXLGHOLQHVIRXQGLQUDGLRIUHTXHQF\
VDIHW\VWDQGDUGVDQGUHFRPPHQGDWLRQV
ZHEHOLHYHWKLVSURGXFWLVVDIHIRUXVH
E\FRQVXPHUV7KHVHVWDQGDUGVDQG
UHFRPPHQGDWLRQVUHÀHFWWKHFRQVHQVXV
RIWKHVFLHQWL¿FFRPPXQLW\DQGUHVXOWIURP
GHOLEHUDWLRQVRISDQHOVDQGFRPPLWWHHV
RIVFLHQWLVWVZKRFRQWLQXDOO\UHYLHZDQG
LQWHUSUHWWKHH[WHQVLYHUHVHDUFKOLWHUDWXUH
,QVRPHVLWXDWLRQVRUHQYLURQPHQWVWKH
XVHRIWKLVSURGXFWPD\EHUHVWULFWHGE\
WKHSURSULHWRURIWKHEXLOGLQJRUUHVSRQVLEOH
UHSUHVHQWDWLYHVRIWKHRUJDQL]DWLRQ7KHVH
VLWXDWLRQVPD\IRUH[DPSOHLQFOXGH
p 8VLQJWKLVSURGXFWRQERDUGRIDLUSODQHVRU
p ,QDQ\RWKHUHQYLURQPHQWZKHUHWKHULVNRI
LQWHUIHUHQFHWRRWKHUGHYLFHVRUVHUYLFHVLV
SHUFHLYHGRULGHQWL¿HGDVKDUPIXO
,I\RXDUHXQFHUWDLQRIWKHSROLF\WKDWDSSOLHV
RQWKHXVHRIZLUHOHVVGHYLFHVLQDVSHFL¿F
RUJDQL]DWLRQRUHQYLURQPHQWHJDLUSRUWV\RX
DUHHQFRXUDJHGWRDVNIRUDXWKRUL]DWLRQWRXVH
WKLVSURGXFWSULRUWRWXUQLQJRQWKHSURGXFW
5HJXODWRU\,QIRUPDWLRQ
:HDUHQRWUHVSRQVLEOHIRUDQ\UDGLR
RUWHOHYLVLRQLQWHUIHUHQFHFDXVHGE\
XQDXWKRUL]HGPRGL¿FDWLRQRIWKLVSURGXFW
7KHFRUUHFWLRQRILQWHUIHUHQFHFDXVHGE\
VXFKXQDXWKRUL]HGPRGL¿FDWLRQZLOOEH
WKHUHVSRQVLELOLW\RIWKHXVHU:HDQGLWV
DXWKRUL]HGUHVHOOHUVRUGLVWULEXWRUVDUHQRW
OLDEOHIRUGDPDJHRUYLRODWLRQRIJRYHUQPHQW
UHJXODWLRQVWKDWPD\DULVHIURPIDLOLQJWR
FRPSO\ZLWKWKHVHJXLGHOLQHV
0
/LWKLXPEDWWHU\
/LWKLXPEDWWHU\
7KLVFRPSXWHUFRQWDLQVDOLWKLXPEDWWHU\
WRHQDEOHWKHGDWHWLPHDQGRWKHUGDWD
WREHVWRUHG7KHEDWWHU\VKRXOGRQO\
EHH[FKDQJHGE\DXWKRUL]HGVHUYLFH
SHUVRQQHO
:DUQLQJ
$ULVNRIH[SORVLRQIURPLQFRUUHFW
LQVWDOODWLRQRUPLVDSSOLFDWLRQPD\SRVVLEO\
RFFXU
(
3LOHDXOLWKLXP
/HPLFURRUGLQDWHXUUHQIHUPHXQHSLOH
DXOLWKLXPTXLSHUPHWGHVDXYHJDUGHU
FHUWDLQHVGRQQpHVQRWDPPHQWODGDWHHW
O¶KHXUH/DSLOHQHGRLWrWUHUHPSODFpHTXH
SDUXQWHFKQLFLHQTXDOL¿p
'DQJHU
5LVTXHG¶H[SORVLRQHQFDVGHQRQUHVSHFW
GHFHWWHPLVHHQJDUGH
)
5HJXODWRU\LQIRUPDWLRQ
5HDG0H)LUVW

,QIRUPDWLRQIRUXVHUVRQ
FROOHFWLRQDQGGLVSRVDORIROG
HTXLSPHQWDQGXVHGEDWWHULHV
7KHVHV\PEROVRQWKHSURGXFWV
SDFNDJLQJDQGRUDFFRPSDQ\LQJ
GRFXPHQWVPHDQWKDWXVHG
HOHFWULFDODQGHOHFWURQLFSURGXFWV
DQGEDWWHULHVVKRXOGQRWEHPL[HG
ZLWKJHQHUDOKRXVHKROGZDVWH
)RUSURSHUWUHDWPHQWUHFRYHU\DQG
UHF\FOLQJRIROGSURGXFWVDQGXVHG
EDWWHULHVSOHDVHWDNHWKHPWRDSSOLFDEOH
FROOHFWLRQSRLQWVLQDFFRUGDQFHZLWK\RXU
QDWLRQDOOHJLVODWLRQDQGWKH'LUHFWLYHV
(&DQG(&
%\GLVSRVLQJRIWKHVHSURGXFWVDQG
EDWWHULHVFRUUHFWO\\RXZLOOKHOSWRVDYH
YDOXDEOHUHVRXUFHVDQGSUHYHQWDQ\
SRWHQWLDOQHJDWLYHHIIHFWVRQKXPDQKHDOWK
DQGWKHHQYLURQPHQWZKLFKFRXOGRWKHUZLVH
DULVHIURPLQDSSURSULDWHZDVWHKDQGOLQJ
)RUPRUHLQIRUPDWLRQDERXWFROOHFWLRQDQG
UHF\FOLQJRIROGSURGXFWVDQGEDWWHULHV
SOHDVHFRQWDFW\RXUORFDOPXQLFLSDOLW\\RXU
ZDVWHGLVSRVDOVHUYLFHRUWKHSRLQWRIVDOH
ZKHUH\RXSXUFKDVHGWKHLWHPV
3HQDOWLHVPD\EHDSSOLFDEOHIRULQFRUUHFW
GLVSRVDORIWKLVZDVWHLQDFFRUGDQFHZLWK
QDWLRQDOOHJLVODWLRQ
)RUEXVLQHVVXVHUVLQWKH(XURSHDQ
8QLRQ
,I\RXZLVKWRGLVFDUGHOHFWULFDODQG
HOHFWURQLFHTXLSPHQWSOHDVHFRQWDFW\RXU
GHDOHURUVXSSOLHUIRUIXUWKHULQIRUPDWLRQ
>,QIRUPDWLRQRQ'LVSRVDOLQ
RWKHU&RXQWULHVRXWVLGHWKH
(XURSHDQ8QLRQ@
7KHVHV\PEROVDUHRQO\YDOLGLQ
WKH(XURSHDQ8QLRQ,I\RXZLVK
WRGLVFDUGWKLVSURGXFWSOHDVH
FRQWDFW\RXUORFDODXWKRULWLHVRU
GHDOHUDQGDVNIRUWKHFRUUHFW
PHWKRGRIGLVSRVDO
1RWHIRUWKHEDWWHU\V\PERO
ERWWRPWZRV\PEROH[DPSOHV
7KLVV\PEROPLJKWEHXVHGLQ
FRPELQDWLRQZLWKDFKHPLFDO
V\PERO
,QWKLVFDVHLWFRPSOLHVZLWKWKH
UHTXLUHPHQWVHWE\WKH'LUHFWLYH
IRUWKHFKHPLFDOLQYROYHG
(
6DIHW\SUHFDXWLRQV
2QO\IRUPRGHOZLWKZLUHOHVV:$1!
7KHIROORZLQJVDIHW\SUHFDXWLRQVPXVW
EHREVHUYHGGXULQJDOOSKDVHVRIWKH
RSHUDWLRQXVDJHVHUYLFHRUUHSDLURIDQ\
&RPSXWHULQFRUSRUDWLQJZLUHOHVV:$1
PRGHP0DQXIDFWXUHUVRIWKHFHOOXODU
WHUPLQDODUHDGYLVHGWRFRQYH\WKH
IROORZLQJVDIHW\LQIRUPDWLRQWRXVHUVDQG
RSHUDWLQJSHUVRQQHODQGWRLQFRUSRUDWH
WKHVHJXLGHOLQHVLQWRDOOPDQXDOVVXSSOLHG
ZLWKWKHSURGXFW)DLOXUHWRFRPSO\ZLWK
WKHVHSUHFDXWLRQVYLRODWHVVDIHW\VWDQGDUGV
RIGHVLJQPDQXIDFWXUHDQGLQWHQGHGXVH
RIWKHSURGXFW3DQDVRQLFDVVXPHVQR
OLDELOLW\IRUFXVWRPHUIDLOXUHWRFRPSO\ZLWK
WKHVHSUHFDXWLRQV
5HDG0H)LUVW

:KHQLQDKRVSLWDORURWKHU
KHDOWKFDUHIDFLOLW\REVHUYHWKH
UHVWULFWLRQVRQWKHXVHRIPRELOHV
6ZLWFK&RPSXWHULQFRUSRUDWLQJ
ZLUHOHVV:$1PRGHPRII
LILQVWUXFWHGWRGRVRE\WKH
JXLGHOLQHVSRVWHGLQVHQVLWLYH
DUHDV0HGLFDOHTXLSPHQWPD\EH
VHQVLWLYHWR5)HQHUJ\
7KHRSHUDWLRQRIFDUGLDF
SDFHPDNHUVRWKHULPSODQWHG
PHGLFDOHTXLSPHQWDQG
KHDULQJDLGVFDQEHDIIHFWHG
E\LQWHUIHUHQFHIURP&RPSXWHU
LQFRUSRUDWLQJZLUHOHVV:$1
PRGHPSODFHGFORVHWRWKH
GHYLFH,ILQGRXEWDERXWSRWHQWLDO
GDQJHUFRQWDFWWKHSK\VLFLDQRU
WKHPDQXIDFWXUHURIWKHGHYLFH
WRYHULI\WKDWWKHHTXLSPHQWLV
SURSHUO\VKLHOGHG3DFHPDNHU
SDWLHQWVDUHDGYLVHGWRNHHSWKHLU
&RPSXWHULQFRUSRUDWLQJZLUHOHVV
:$1PRGHPDZD\IURPWKH
SDFHPDNHUZKLOHLWLVRQ
6ZLWFKRII&RPSXWHULQFRUSRUDWLQJ
ZLUHOHVV:$1PRGHPEHIRUH
ERDUGLQJDQDLUFUDIW0DNH
VXUHLWFDQQRWEHVZLWFKHGRQ
LQDGYHUWHQWO\7KHRSHUDWLRQ
RIZLUHOHVVDSSOLDQFHVLQDQ
DLUFUDIWLVIRUELGGHQWRSUHYHQW
LQWHUIHUHQFHZLWKFRPPXQLFDWLRQV
V\VWHPV)DLOXUHWRREVHUYH
WKHVHLQVWUXFWLRQVPD\OHDG
WRWKHVXVSHQVLRQRUGHQLDORI
FHOOXODUVHUYLFHVWRWKHRIIHQGHU
OHJDODFWLRQRUERWK)RUGHWDLOV
RQXVDJHRIWKLVXQLWLQDLUFUDIWV
SOHDVHFRQVXOWDQGIROORZ
LQVWUXFWLRQSURYLGHGE\WKHDLUOLQH
'RQRWRSHUDWH3HUVRQDO
&RPSXWHURU+DQGKHOG&RPSXWHU
LQFRUSRUDWLQJZLUHOHVV:$1
PRGHPLQWKHSUHVHQFHRI
ÀDPPDEOHJDVHVRUIXPHV
6ZLWFKRIIWKHFHOOXODUWHUPLQDO
ZKHQ\RXDUHQHDUSHWUROVWDWLRQV
IXHOGHSRWVFKHPLFDOSODQWVRU
ZKHUHEODVWLQJRSHUDWLRQVDUH
LQSURJUHVV2SHUDWLRQRIDQ\
HOHFWULFDOHTXLSPHQWLQSRWHQWLDOO\
H[SORVLYHDWPRVSKHUHVFDQ
FRQVWLWXWHDVDIHW\KD]DUG
<RXU&RPSXWHULQFRUSRUDWLQJ
ZLUHOHVV:$1PRGHPUHFHLYHV
DQGWUDQVPLWVUDGLRIUHTXHQF\
HQHUJ\ZKLOHVZLWFKHGRQ
5HPHPEHUWKDWLQWHUIHUHQFHFDQ
RFFXULILWLVXVHGFORVHWR79VHWV
UDGLRVFRPSXWHUVRULQDGHTXDWHO\
VKLHOGHGHTXLSPHQW)ROORZDQ\
VSHFLDOUHJXODWLRQVDQGDOZD\V
VZLWFKRII&RPSXWHULQFRUSRUDWLQJ
ZLUHOHVV:$1PRGHPZKHUHYHU
IRUELGGHQRUZKHQ\RXVXVSHFW
WKDWLWPD\FDXVHLQWHUIHUHQFHRU
GDQJHU
5HJXODWRU\LQIRUPDWLRQ
5HDG0H)LUVW

5RDGVDIHW\FRPHV¿UVW'RQRW
XVHD&RPSXWHULQFRUSRUDWLQJ
ZLUHOHVV:$1PRGHPZKLOH
GULYLQJDYHKLFOH'RQRWSODFH
WKHFRPSXWHUZLWKZLUHOHVV:$1
PRGHPLQDQDUHDZKHUHLWFRXOG
FDXVHSHUVRQDOLQMXU\WRWKHGULYHU
RUSDVVHQJHUV,WLVUHFRPPHQGHG
WRVWRZWKHXQLWLQWKHERRWRU
VHFXUHVWRZDJHDUHDZKLOHGULYLQJ
'RQRWSODFHWKHFRPSXWHUZLWK
ZLUHOHVV:$1PRGHPLQDQDUHD
RYHUDQDLUEDJRULQWKHYLFLQLW\
ZKHUHDQDLUEDJPD\GHSOR\$LU
EDJVLQÀDWHZLWKJUHDWIRUFHDQGLI
WKHFRPSXWHUZLWKZLUHOHVV:$1
PRGHPLVSODFHGLQWKHDLUEDJ
GHSOR\PHQWDUHDPD\EHSURSHOOHG
ZLWKJUHDWIRUFHDQGFDXVHVHULRXV
LQMXU\WRRFFXSDQWVRIWKHYHKLFOH
,03257$17
&RPSXWHULQFRUSRUDWLQJZLUHOHVV
:$1PRGHPRSHUDWHXVLQJUDGLR
VLJQDOVDQGFHOOXODUQHWZRUNV
FDQQRWEHJXDUDQWHHGWRFRQQHFW
LQDOOFRQGLWLRQV
7KHUHIRUH\RXVKRXOGQHYHUUHO\
VROHO\XSRQDQ\ZLUHOHVVGHYLFH
IRUHVVHQWLDOFRPPXQLFDWLRQV
IRUH[DPSOHHPHUJHQF\FDOOV
5HPHPEHULQRUGHUWRPDNH
RUUHFHLYHFDOOV&RPSXWHU
LQFRUSRUDWLQJZLUHOHVV:$1
PRGHPPXVWEHVZLWFKHGRQ
DQGLQDFRYHUDJHDUHDZLWK
DGHTXDWHFHOOXODUVLJQDOVWUHQJWK
6RPHQHWZRUNVGRQRWDOORZIRU
HPHUJHQF\FDOOVLIFHUWDLQQHWZRUN
VHUYLFHVRUSKRQHIHDWXUHVDUH
LQXVHHJORFNIXQFWLRQV¿[HG
GLDOLQJHWF<RXPD\QHHGWR
GHDFWLYDWHWKRVHIHDWXUHVEHIRUH
\RXFDQPDNHDQHPHUJHQF\FDOO
6RPHQHWZRUNVUHTXLUHWKDWD
YDOLGPLFUR6,0FDUGEHSURSHUO\
LQVHUWHGLQ&RPSXWHULQFRUSRUDWLQJ
ZLUHOHVV:$1PRGHP
&DPHUDOLJKW
&$87,21
&DPHUDOLJKWIRUUHDUFDPHUD
L 7KHOLJKWIURPWKH/('LVVWURQJDQGFDQ
LQMXUHKXPDQH\HV'RQRWORRNGLUHFWO\
DWWKH/('VZLWKQDNHGH\HV
(
5HDG0H)LUVW

5HJXODWRU\LQIRUPDWLRQ
)RU86$
0RGHOVIRU86$!
)HGHUDO&RPPXQLFDWLRQV&RPPLVVLRQ
5DGLR)UHTXHQF\,QWHUIHUHQFH6WDWHPHQW
1RWH7KLVHTXLSPHQWKDVEHHQWHVWHG
DQGIRXQGWRFRPSO\ZLWKWKHOLPLWVIRUD
&ODVV%GLJLWDOGHYLFHSXUVXDQWWR3DUW
RIWKH)&&5XOHV
7KHVHOLPLWVDUHGHVLJQHGWRSURYLGH
UHDVRQDEOHSURWHFWLRQDJDLQVWKDUPIXO
LQWHUIHUHQFHLQDUHVLGHQWLDOLQVWDOODWLRQ
7KLVHTXLSPHQWJHQHUDWHVXVHVDQGFDQ
UDGLDWHUDGLRIUHTXHQF\HQHUJ\DQGLIQRW
LQVWDOOHGDQGXVHGLQDFFRUGDQFHZLWKWKH
LQVWUXFWLRQVPD\FDXVHKDUPIXOLQWHUIHUHQFH
WRUDGLRFRPPXQLFDWLRQV+RZHYHUWKHUH
LVQRJXDUDQWHHWKDWLQWHUIHUHQFHZLOOQRW
RFFXULQDSDUWLFXODULQVWDOODWLRQ,IWKLV
HTXLSPHQWGRHVFDXVHKDUPIXOLQWHUIHUHQFH
WRUDGLRRUWHOHYLVLRQUHFHSWLRQZKLFKFDQ
EHGHWHUPLQHGE\WXUQLQJWKHHTXLSPHQW
RIIDQGRQWKHXVHULVHQFRXUDJHGWRWU\WR
FRUUHFWWKHLQWHUIHUHQFHE\RQHRUPRUHRI
WKHIROORZLQJPHDVXUHV
p 5HRULHQWRUUHORFDWHWKHUHFHLYLQJ
DQWHQQD
p ,QFUHDVHWKHVHSDUDWLRQEHWZHHQWKH
HTXLSPHQWDQGUHFHLYHU
p &RQQHFWWKHHTXLSPHQWLQWRDQRXWOHWRQ
DFLUFXLWGLIIHUHQWIURPWKDWWRZKLFKWKH
UHFHLYHULVFRQQHFWHG
p &RQVXOWWKH3DQDVRQLF6HUYLFH&HQWHURUDQ
H[SHULHQFHGUDGLR79WHFKQLFLDQIRUKHOS
:DUQLQJ
7RDVVXUHFRQWLQXHGFRPSOLDQFHXVHRQO\
VKLHOGHGLQWHUIDFHFDEOHVZKHQFRQQHFWLQJ
WRDFRPSXWHURUSHULSKHUDO$OVRDQ\
FKDQJHVRUPRGL¿FDWLRQVQRWH[SUHVVO\
DSSURYHGE\WKHSDUW\UHVSRQVLEOHIRU
FRPSOLDQFHFRXOGYRLGWKHXVHU¶VDXWKRULW\
WRRSHUDWHWKLVHTXLSPHQW
7KLVGHYLFHFRPSOLHVZLWK3DUWRIWKH
)&&5XOHV
2SHUDWLRQLVVXEMHFWWRWKHIROORZLQJWZR
FRQGLWLRQV
7KLVGHYLFHPD\QRWFDXVHKDUPIXO
LQWHUIHUHQFHDQG

7KLVGHYLFHPXVWDFFHSWDQ\LQWHUIHUHQFH
UHFHLYHGLQFOXGLQJLQWHUIHUHQFHWKDWPD\
FDXVHXQGHVLUHGRSHUDWLRQ
)&&5)([SRVXUH:DUQLQJ
p 7KLVGHYLFHPHHWVWKHJRYHUQPHQW¶V
UHTXLUHPHQWVIRUH[SRVXUHWRUDGLR
ZDYHV
7KLVGHYLFHLVGHVLJQHGDQG
PDQXIDFWXUHGQRWWRH[FHHGWKH
HPLVVLRQOLPLWVIRUH[SRVXUHWRUDGLR
IUHTXHQF\5)HQHUJ\VHWE\WKH
)HGHUDO&RPPXQLFDWLRQV&RPPLVVLRQRI
WKH86*RYHUQPHQW
p 7KLVHTXLSPHQWKDVEHHQDSSURYHGIRU
SRUWDEOHRSHUDWLRQDQGGRHVQRWUHTXLUH
DQ\PLQLPXPVSDFLQJEHSURYLGHG
EHWZHHQDQWHQQDVDQGDOOSHUVRQ¶VERG\
7KLVHTXLSPHQWPD\QRWEHFRORFDWHG
RURSHUDWHGZLWKDQ\RWKHUDQWHQQDRU
WUDQVPLWWHU
p 7KHH[SRVXUHVWDQGDUGIRUZLUHOHVV
GHYLFHHPSOR\VDXQLWRIPHDVXUHPHQW
NQRZQDVWKH6SHFL¿F$EVRUSWLRQ5DWH
RU6$57KH6$5OLPLWVHWE\WKH)&&LV
:NJ
 7HVWVIRU6$5DUHFRQGXFWHG
XVLQJVWDQGDUGRSHUDWLQJSRVLWLRQV
DFFHSWHGE\WKH)&&ZLWKWKH
GHYLFHWUDQVPLWWLQJDWLWVKLJKHVW
FHUWL¿HGSRZHUOHYHOLQDOOWHVWHG
IUHTXHQF\EDQGV$OWKRXJKWKH6$5
LVGHWHUPLQHGDWWKHKLJKHVWFHUWL¿HG
SRZHUOHYHOWKHDFWXDO6$5OHYHORI
WKHGHYLFHZKLOHRSHUDWLQJFDQEH
ZHOOEHORZWKHPD[LPXPYDOXH7KLV
LVEHFDXVHWKHGHYLFHLVGHVLJQHGWR
RSHUDWHDWPXOWLSOHSRZHUOHYHOVVRDV
WRXVHRQO\WKHSRVHUUHTXLUHGWRUHDFK
WKHQHWZRUN,QJHQHUDOWKHFORVHU\RX
DUHWRDZLUHOHVVEDVHVWDWLRQDQWHQQD
WKHORZHUWKHSRZHURXWSXW
5HDG0H)LUVW

p 7KH)&&KDVJUDQWHGDQ(TXLSPHQW
$XWKRUL]DWLRQIRUWKLVGHYLFHZLWKDOO
UHSRUWHG6$5OHYHOVHYDOXDWHGDVLQ
FRPSOLDQFHZLWKWKH)&&5)H[SRVXUH
JXLGHOLQHV7KHPD[LPXP6$5YDOXHLV
RXWOLQHGEHORZ
0RGHO +LJKWHVW9DOXH:NJ
-7%$3$$=$0 
-7%$3$$$$0 
-7%$3$$9$0 
6$5LQIRUPDWLRQRQWKLVGHYLFHLVRQ¿OH
ZLWKWKH)&&DQGFDQEHIRXQGXQGHUWKH
'LVSOD\*UDQWVHFWLRQRIZZZIFFJRYRHW
HDIFFLGDIWHUVHDUFKLQJRQ)&&,'
$&--7%$3$$=$0:
$&--7%$3$$=$0$
$&--7%$3$$=$09
0
7KLVSURGXFWLVUHVWULFWHGWRLQGRRUXVHGXH
WRLWVRSHUDWLRQLQWKHWR*+]
IUHTXHQF\UDQJH)&&UHTXLUHVWKLVSURGXFW
WREHXVHGLQGRRUVIRUWKHIUHTXHQF\UDQJH
WR*+]WRUHGXFHWKHSRWHQWLDOIRU
KDUPIXOLQWHUIHUHQFHWRFRFKDQQHO0RELOH
6DWHOOLWHV\VWHPV+LJKSRZHUUDGDUVDUH
DOORFDWHGDVSULPDU\XVHUVRIWKHWR
*+]DQGWR*+]EDQGV
7KHVHUDGDUVWDWLRQVFDQFDXVHLQWHUIHUHQFH
ZLWKDQGRUGDPDJHWKLVSURGXFW
0:
5HVSRQVLEOH3DUW\3DQDVRQLF&RUSRUDWLRQ
RI1RUWK$PHULFD
2QH3DQDVRQLF:D\
6HFDXFXV1-
7HO1R/$3723
0
86$2QO\'LVSRVDOPD\EHUHJXODWHG
LQ\RXUFRPPXQLW\GXHWRHQYLURQPHQWDO
FRQVLGHUDWLRQV
)RUGLVSRVDORUUHF\FOLQJLQIRUPDWLRQ
SOHDVHYLVLW3DQDVRQLFZHEVLWH
KWWSZZZSDQDVRQLFFRP
HQYLURQPHQWDORUFDOO
0
&$87,21
5LVNRI([SORVLRQLI%DWWHU\LVUHSODFHG
E\DQ,QFRUUHFW7\SH
'LVSRVHRI8VHG%DWWHULHV$FFRUGLQJWR
WKH,QVWUXFWLRQV
(
$77(17,21
,O\DULVTXHG¶H[SORVLRQVLODEDWWHULH
HVWUHPSODFpHSDUXQHEDWWHULHGHW\SH
LQFRUUHFW
0HWWUHDXUHEXWOHVEDWWHULHVXVDJpHV
FRQIRUPpPHQWDX[LQVWUXFWLRQV
)
$OLWKLXPLRQEDWWHU\
WKDWLVUHF\FODEOH
SRZHUVWKHSURGXFW
\RXKDYHSXUFKDVHG
3OHDVHFDOO
%$77(5<IRU
LQIRUPDWLRQRQKRZWR
UHF\FOHWKLVEDWWHU\
/¶DSSDUHLOTXHYRXVYRXVrWHVSURFXUpHVW
DOLPHQWpSDUXQHEDWWHULHDXOLWKLXPLRQ
3RXUGHVUHQVHLJQHPHQWVVXUOH
UHF\FODJHGHODEDWWHULHYHXLOOH]
FRPSRVHUOH%$77(5<
0
)RU&DQDGD
0RGHOVIRU&DQDGD!
&DQDGLDQ,&(6
7KLV&ODVV%GLJLWDODSSDUDWXVFRPSOLHV
ZLWK&DQDGLDQ,&(6
&HWDSSDUHLOQXPpULTXHGHODFODVVH%HVW
FRQIRUPHjODQRUPH10%GX&DQDGD
0
2QO\IRUPRGHOZLWK:L)L%OXHWRRWK*36!
,QGXVWU\&DQDGD
7KLVSURGXFWFRPSOLHVZLWK566
,QGXVWU\&DQDGD2SHUDWLRQLVVXEMHFWWR
WKHIROORZLQJWZRFRQGLWLRQV
WKLVGHYLFHPD\QRWFDXVHLQWHUIHUHQFH
DQG

5HDG0H)LUVW

5HJXODWRU\LQIRUPDWLRQ

WKLVGHYLFHPXVWDFFHSWDQ\LQWHUIHUHQFH
LQFOXGLQJLQWHUIHUHQFHWKDWPD\FDXVH
XQGHVLUHGRSHUDWLRQRIWKHGHYLFH
&D
,QGXVWULH&DQDGD
&HWpTXLSHPHQWHVWFRQIRUPHjODQRUPH
&15G¶,QGXVWULH&DQDGD6RQ
IRQFWLRQQHPHQWHVWVRXPLVDX[GHX[
FRQGLWLRQVVXLYDQWHV
FHGLVSRVLWLIQHSHXWSURGXLUHGH
EURXLOODJHHW

FHGLVSRVLWLIGRLWDFFHSWHUOHEURXLOODJH\
FRPSULVOHEURXLOODJHSRXYDQWHQWUDvQHUOH
IRQFWLRQQHPHQWQRQGpLUpGHO¶DSSDUHLO
&D
7KLVSURGXFWORFDOQHWZRUNGHYLFHVIRUWKH
EDQG0+]LVRQO\LQGRRUXVDJH
WRUHGXFHSRWHQWLDOIRUKDUPIXOLQWHUIHUHQFH
WRFRFKDQQHO0RELOH6DWHOOLWHV\VWHPV
+LJKSRZHUUDGDUVDUHDOORFDWHGDVSULPDU\
XVHUVPHDQLQJWKH\KDYHSULRULW\RI
0+]DQG0+]DQGWKHVH
UDGDUVFRXOGFDXVHLQWHUIHUHQFHDQGRU
GDPDJHWR/(/$1GHYLFHV
&HWDSSDUHLOSRXUUpVHDX[ORFDX[
UDGLRpOHFWULTXHVGDQVOHVEDQGHVGH
IUpTXHQFHV0+]HVWUpVHUYpj
XQHXWLOLVDWLRQjO¶LQWpULHXUD¿QGHUpGXLUH
OHULVTXHG¶LQWHUIpUHQFHDYHFOHVV\VWqPHV
VDWHOOLWHVPRELOHVELFDQDX[
/HVUDGDUVIRUWHSXLVVDQFHVRQWGpVLJQpV
FRPPHpWDQWOHVSUHPLHUVXWLOLVDWHXUV
F¶HVWjGLUHTX¶LOVRQWODSULRULWpGHV
EDQGHVGHIUpTXHQFHV0+]
HW0+]&HVVWDWLRQVUDGDUV
SHXYHQWSURYRTXHUGHVLQWHUIpUHQFHVHWRX
GHVGRPPDJHVjFHSpULSKpULTXH
&D
p 7KLVFRPSXWHUFRPSOLHVZLWK,QGXVWU\
&DQDGDUDGLDWLRQH[SRVXUHOLPLWVVHW
IRUWKIRUDQXQFRQWUROOHGHQYLURQPHQW
p 7KLVFRPSXWHUZLWK:/$1DQGRU%OXHWRRWK
WUDQVPLWWHUVLQVWDOOHGKDVEHHQDSSURYHG
IRUSRUWDEOHRSHUDWLRQDQGGRHVQRW
UHTXLUHDQ\PLQLPXPVSDFLQJEHSURYLGHG
EHWZHHQDQWHQQDVDQGDOOSHUVRQ¶VERG\
p &HWpTXLSHPHQWHVWFRQIRUPHDX[
OLPLWHVG¶H[SRVLWLRQDX[UD\RQQHPHQWV
G¶,QGXVWULH&DQDGDpWDEOLHVSRXUXQ
HQYLURQQHPHQWQRQFRQWU{Op
p &HpTXLSHPHQWDYHFpPHWWHXUV:/$1
HWRX%OXHWRRWKDpWpDSSURXYpjGHV
¿QVG¶RSpUDWLRQPRELOHDXFXQHVSDFH
PLQLPXPHQWUHOHVDQWHQQHVHWOHFRUSV
GHO¶XWLOLVDWHXUQ¶HVWUHTXLV
&D
)2586(:,7+02'(/12
-7%$'8
328587,/,6(5$9(&02'Ê/(
-7%$'8
&D
)RU(XURSH
2QO\IRUPRGHOZLWKD³ ´PDUN
RQWKHERWWRPRIWKHFRPSXWHU!
'HFODUDWLRQRI
&RQIRUPLW\'R&
³+HUHE\3DQDVRQLF
GHFODUHVWKDWWKLV
3HUVRQDO&RPSXWHULVLQFRPSOLDQFHZLWKWKH
HVVHQWLDOUHTXLUHPHQWVDQGRWKHUUHOHYDQW
SURYLVLRQVRIWKH'LUHFWLYH(&´
+LQW
,I\RXZDQWWRJHWDFRS\RIWKHRULJLQDO
'R&RIRXUDERYHPHQWLRQHGSURGXFWV
SOHDVHFRQWDFWRXUZHEDGGUHVV
KWWSZZZGRFSDQDVRQLFGH
$XWKRULVHG5HSUHVHQWDWLYH
3DQDVRQLF7HVWLQJ&HQWUH
3DQDVRQLF0DUNHWLQJ(XURSH*PE+
:LQVEHUJULQJ+DPEXUJ
*HUPDQ\
,QGLFDWLRQRIWKHFRXQWULHVZKHUH:/$1LV
LQWHQGHGWREHXVHG
$7%(%*&+&<&='('.(((6
),)5*%*5+8,(,6,7/7/8
/9071/123/37526(6,6.75
(
5HDG0H)LUVW

,QWHUIDFH&DEOH
8VHRIDQLQWHUIDFHFDEOHORQJHUWKDQ
P^IHHW`LVQRWUHFRPPHQGHG
(
)RU8.
0RGHOVIRU8.!
)RU\RXUVDIHW\SOHDVHUHDGWKH
IROORZLQJWH[WFDUHIXOO\
7KLVDSSOLDQFHLVVXSSOLHGZLWKDPROGHG
WKUHHSLQPDLQVSOXJIRU\RXUVDIHW\DQG
FRQYHQLHQFH
$DPSHUHIXVHLV¿WWHGLQWKLVSOXJ
6KRXOGWKHIXVHQHHGWREHUHSODFHG
SOHDVHHQVXUHWKDWWKHUHSODFHPHQWIXVH
KDVDUDWLQJRIDPSHUHDQGWKDWLWLV
DSSURYHGE\$67$RU%6,WR%6
&KHFNIRUWKH$67$PDUN RUWKH%6,
PDUN RQWKHERG\RIWKHIXVH
,IWKHSOXJFRQWDLQVDUHPRYDEOHIXVHFRYHU
\RXPXVWHQVXUHWKDWLWLVUH¿WWHGZKHQWKH
IXVHLVUHSODFHG
,I\RXORVHWKHIXVHFRYHUWKHSOXJPXVW
QRWEHXVHGXQWLODUHSODFHPHQWFRYHULV
REWDLQHG$UHSODFHPHQWIXVHFRYHUFDQEH
SXUFKDVHGIURP\RXUORFDOGHDOHU
,IWKH¿WWHGPROGHGSOXJLVXQVXLWDEOHIRU
WKHVRFNHWRXWOHWLQ\RXUKRPHWKHQWKH
IXVHVKRXOGEHUHPRYHGDQGWKHSOXJFXW
RIIDQGGLVSRVHGRIVDIHO\
7KHUHLVDGDQJHURIVHYHUHHOHFWULFDO
VKRFNLIWKHFXWRIISOXJLVLQVHUWHGLQWRDQ\
DPSHUHVRFNHW
+RZWRUHSODFHWKHIXVH
7KHORFDWLRQRIWKHIXVHGLIIHUVDFFRUGLQJWR
WKHW\SHRI$&PDLQVSOXJ¿JXUHV$DQG%
&RQ¿UPWKH$&PDLQVSOXJ¿WWHGDQGIROORZ
WKHLQVWUXFWLRQVEHORZ,OOXVWUDWLRQVPD\
GLIIHUIURPDFWXDO$&PDLQVSOXJ
2SHQWKHIXVHFRYHUZLWKDVFUHZGULYHU
DQGUHSODFHWKHIXVHDQGFORVHRUDWWDFK
WKHIXVHFRYHU
)LJXUH$ )LJXUH%
)XVHFRYHU
)RU,QGLD
)RUWKHSXUSRVHRIUHF\FOLQJWR
IDFLOLWDWHHIIHFWLYHXWLOL]DWLRQRI
UHVRXUFHVSOHDVHUHWXUQWKLV
SURGXFWWRDQHDUE\DXWKRUL]HG
FROOHFWLRQFHQWHUUHJLVWHUHGGLVPDQWOHURU
UHF\FOHURU3DQDVRQLFVHUYLFHFHQWHUZKHQ
GLVSRVLQJRIWKLVSURGXFW
3OHDVHVHHWKH3DQDVRQLFZHEVLWHIRU
IXUWKHULQIRUPDWLRQRQFROOHFWLRQFHQWHUVHWF
KWWSZZZSDQDVRQLFFRLQZSVSRUWDOKRPH
*HWWLQJ6WDUWHG

+DQGOLQJDQGPDLQWHQDQFH
2SHUDWLRQHQYLURQPHQW
p 3ODFHWKLVFRPSXWHURQDÀDWVWDEOHVXUIDFH
,IWKLVFRPSXWHULVH[SRVHGWRDQH[WUHPHO\
VWURQJLPSDFWLWPD\EHFRPHGDPDJHG
p 7HPSHUDWXUH
2SHUDWLRQ&WR&^)WR)`
,(&
6WRUDJH &WR&^)WR)`
+XPLGLW\
2SHUDWLRQWR5+
1RFRQGHQVDWLRQ
6WRUDJH WR5+
1RFRQGHQVDWLRQ
(YHQZLWKLQWKHDERYHWHPSHUDWXUHKXPLGLW\
UDQJHVXVLQJIRUDORQJWLPHLQDQH[WUHPH
HQYLURQPHQWZLOOUHVXOWLQWKHSURGXFW
GHWHULRUDWLRQDQGZLOOVKRUWHQWKHSURGXFWOLIH
,IWKLVFRPSXWHULVZHWLQWHPSHUDWXUHVRI&
^)`RUEHORZIUHH]HGDPDJHPD\RFFXU
0DNHVXUHWRGU\RIIWKLVFRPSXWHULQVXFK
WHPSHUDWXUHV
'RQRWH[SRVHWKHVNLQWRWKLVSURGXFW
ZKHQXVLQJWKHSURGXFWLQDKRWRUFROG
HQYLURQPHQW
p 'RQRWSODFHWKLVFRPSXWHULQWKHIROORZLQJ
DUHDVRWKHUZLVHWKHFRPSXWHUPD\EH
GDPDJHG
y 1HDUHOHFWURQLFHTXLSPHQW,PDJHGLVWRUWLRQ
RUQRLVHPD\RFFXU
y ,QH[WUHPHO\KLJKRUORZWHPSHUDWXUH
p $VWKLVFRPSXWHUFDQEHFRPHKRWGXULQJ
RSHUDWLRQNHHSLWDZD\IURPLWHPVWKDWDUH
VHQVLWLYHWRKHDW
+DQGOLQJFDXWLRQV
7KLVFRPSXWHUKDVEHHQGHVLJQHGLQVXFKDZD\
DVWRPLQLPL]HLPSDFWRQLWV/&'VFUHHQDQG
LQWHUQDOHOHFWURQLFFRPSRQHQWVEXWWKLVGRHV
QRWFRQVWLWXWHDJXDUDQWHHWKDWWKLVFRPSXWHUZLOO
EHIUHHRIWURXEOHLQWKHHYHQWWKDWLWKDVEHHQ
VXEMHFWHGWRLPSDFW%HH[WUHPHO\FDUHIXOZKHQ
KDQGOLQJWKLVFRPSXWHU
p :KHQFDUU\LQJWKLVFRPSXWHU
y (LWKHUWXUQRIIWKLVFRPSXWHU¶VSRZHURUVHW
WKHFRPSXWHUWRWKHVOHHSPRGH
y 5HPRYHDOOH[WHUQDOGHYLFHVFDEOHVDQG
RWKHUSURWUXGLQJREMHFWV
y 'RQRWGURSRUKLWWKLVFRPSXWHUDJDLQVWVROLG
REMHFWV
y 'RQRWJULSWKHGLVSOD\SDUW
p %HIRUHERDUGLQJDQDLUSODQHWXUQRIIWKLV
FRPSXWHU¶VSRZHUDQGWDNHLWRQERDUGDVD
FDUU\RQLWHP:KHQXVLQJWKLVFRPSXWHURQ
DLUSODQHIROORZWKHDLUOLQH¶VLQVWUXFWLRQV
p 8VHRQO\\RXU¿QJHUVRUWKHVW\OXVSHQWR
WRXFKWKH/&'VFUHHQ'RQRWSODFHDQ\
REMHFWRQLWVVXUIDFHDQGGRQRWSUHVVGRZQ
VWURQJO\ZLWKVKDUSSRLQWHGRUKDUGREMHFWV
WKDWPD\OHDYHPDUNVHJQDLOVSHQFLOVDQG
EDOOSRLQWSHQV
p 'RQRWXVHWKHVFUHHQZKHQGXVWRUGLUW
HJRLOLVRQWKHVFUHHQ2WKHUZLVHIRUHLJQ
SDUWLFOHVRQWKHVFUHHQFDQVFUDWFKWKHVFUHHQ
VXUIDFH
:KHQXVLQJSHULSKHUDOGHYLFHV
)ROORZWKHVHLQVWUXFWLRQVDQGWKH5HIHUHQFH
0DQXDOWRDYRLGDQ\GDPDJHWRWKHGHYLFHV
&DUHIXOO\UHDGWKHLQVWUXFWLRQPDQXDOVRIWKH
SHULSKHUDOGHYLFHV
p 8VHWKHSHULSKHUDOGHYLFHVFRQIRUPLQJWRWKLV
FRPSXWHU¶VVSHFL¿FDWLRQV
p &RQQHFWWRWKHFRQQHFWRUVLQWKHFRUUHFW
GLUHFWLRQ
p ,ILWLVKDUGWRLQVHUWGRQRWWU\IRUFLEO\EXW
FKHFNWKLVFRPSXWHU¶VVKDSHGLUHFWLRQ
DOLJQPHQWRISLQVHWF
3UHYHQWLQJWKLVFRPSXWHUIURP
XQDXWKRUL]HGXVHYLDZLUHOHVV
QHWZRUNV
y %HIRUHXVLQJ:L)L%OXHWRRWKZLUHOHVV:$1
PDNHWKHDSSURSULDWHVHFXULW\VHWWLQJVVXFKDV
GDWDHQFU\SWLRQ
2QO\IRUPRGHOZLWKZLUHOHVV:$1
*HWWLQJ6WDUWHG

0DLQWHQDQFH
7RFOHDQWKH/&'SDQHO
p :KHQWKHVFUHHQEHFRPHVGLUW\ZLSHLWZLWK
DQDSSURYHGVRIWFORWK
7KHVFUHHQLVVSHFLDOO\WUHDWHGWRSUHYHQWGLUW
IURPDGKHULQJWRWKHVXUIDFHVRGLUWFDQEH
UHPRYHGHDVLO\XVLQJDGU\FORWKXVHRQO\WKH
DSSURYHGVRIWFORWK
5HPRYHWKHGLUWZDWHUHWFDVVRRQDV
SRVVLEOH2WKHUZLVHWKH/&'SDQHOLVVWDLQHG
RUFKDQJHVLQTXDOLW\
,IWKHGLUWGRHVQRWFRPHRIIHDVLO\EUHDWKHRQ
WKHVXUIDFHDQGWU\DJDLQ
p 6XJJHVWLRQV$ERXW&OHDQLQJWKH/&'6XUIDFH
7RLPSURYHWKHRXWGRRUYLVLELOLW\RIWKHGLVSOD\
DORZUHÀHFWLRQFRDWLQJKDVEHHQDGGHG,Q
RUGHUWRDYRLGVFUDWFKHVDQGSHHOLQJRIWKLV
FRDWLQJDQDSSURYHGVRIWFORWKKDVEHHQ
LQFOXGHGWRZLSHWKH/&'VXUIDFHRIWKLV
FRPSXWHU%HIRUHXVLQJWKLVFRPSXWHUEHVXUH
WRUHDGWKHLQVWUXFWLRQVSURYLGHGEHORZ
y %HVXUHWRZLSHWKH/&'GLVSOD\WRUHPRYH
¿QJHUSULQWVHWFZLWKWKHVRIWFORWK
y 'RQRWZLSHDUHDVRWKHUWKDQWKH/&'
GLVSOD\ZLWKWKHVRIWFORWK
+RZWRXVHWKHVRIWFORWK
y 8VHWKHVRIWFORWKZKHQLWLVGU\'RQRWDSSO\
ZDWHURUVROYHQWVWRWKHVRIWFORWK
y :KHQWKH/&'GLVSOD\JHWVZHWZLSHLWJHQWO\
ZLWKDQDSSURYHGVRIWFORWK
y ,WLVUHFRPPHQGHGWRZLSHWKH/&'GLVSOD\
EHIRUHXVLQJWKLVFRPSXWHU
y )LUVWOLJKWO\ZLSHIRUHLJQSDUWLFOHVDQGGXVW
DGKHULQJWRWKH/&'GLVSOD\RQRQHVLGHRI
WKHVRIWFORWK'RQRWXVHIRUFHVLQFHWKH/&'
VXUIDFHPD\EHGDPDJHGZLWKWKHIRUHLJQ
SDUWLFOHVRUGXVW
1H[WZLSHRII¿QJHUSULQWHWFZLWKWKHRWKHU
VLGHRIWKHVRIWFORWK
$IWHUZLSLQJRIIIRUHLJQSDUWLFOHVDQGGXVWZDVK
WKHVRIWFORWKUHIHUWRWKHIROORZLQJWRUHPRYH
WKHIRUHLJQSDUWLFOHVDQGGXVWIURPWKHVRIWFORWK
p &OHDQWKHVFUHHQZKLOHWKHFRPSXWHULV
SRZHUHGRII
&OHDQLQJWKHVFUHHQZKLOHWKHSRZHULVRQ
PD\FDXVHWKHFRPSXWHUWRPDOIXQFWLRQ$OVR
GLUWRQWKHVFUHHQLVHDVLHUWRVHHZKHQWKH
FRPSXWHULVSRZHUHGRIIDQGVRLVHDVLHUWR
FOHDQ
p :DVKWKHVRIWFORWKZKHQLWEHFRPHVGLUW\
:KHQWKHVRIWFORWKEHFRPHVGLUW\ZDVKLW
ZLWKPLOGGHWHUJHQW'RQRWXVHEOHDFKRU
IDEULFFRQGLWLRQHUVRIWHQHURUWU\WRVWHULOL]H
WKHFORWKE\ERLOLQJ
,IWKHVRIWFORWKLVGLUW\LWPD\EHLQHIIHFWLYH
LQFOHDQLQJWKHVFUHHQDQGLQIDFWPD\FDXVH
GLUWWRDGKHUHWRWKHVFUHHQ
p &KHFNWKHIROORZLQJWRSUHYHQWWKHVXUIDFHRI
WKHVFUHHQIURPEHLQJVFUDWFKHG
y $UH\RXXVLQJ\RXU¿QJHURUDVW\OXVSHQWR
RSHUDWHWKHVFUHHQ"
y ,VWKHVXUIDFHFOHDQ"
y ,VWKHVRIWFORWKFOHDQ"
y ,V\RXU¿QJHURUWKHVW\OXVSHQFOHDQ"
7RFOHDQDUHDVRWKHUWKDQWKH
/&'SDQHO
:LSHZLWKDVRIWGU\FORWKVXFKDVJDX]H
:KHQXVLQJGHWHUJHQWGLSDVRIWFORWKLQVRPH
GHWHUJHQWZKLFKKDVEHHQGLOXWHGZLWKZDWHU
ZULQJRXWWKHFORWKWKRURXJKO\DQGFOHDQWKH
SURGXFWZLWKWKHEDWWHU\SDFNVWLOOLQVWDOOHG$IWHU
FOHDQLQJZLSHGRZQWKHVXUIDFHVRIWKHSURGXFW
ZLWKDGU\FORWK
&$87,21
y 'RQRWXVHEHQ]HQHWKLQQHURUUXEELQJ
DOFRKROVLQFHLWPD\DGYHUVHO\DIIHFWWKH
VXUIDFHFDXVLQJGLVFRORUDWLRQHWF'RQRW
XVHFRPPHUFLDOO\DYDLODEOHKRXVHKROG
FOHDQHUVDQGFRVPHWLFVDVWKH\PD\
FRQWDLQFRPSRQHQWVKDUPIXOWRWKHVXUIDFH
y 'RQRWDSSO\ZDWHURUGHWHUJHQWGLUHFWO\WR
WKHFRPSXWHUVLQFHOLTXLGPD\HQWHULQVLGH
RIWKHFRPSXWHUDQGFDXVHPDOIXQFWLRQRU
GDPDJH
*HWWLQJ6WDUWHG

'LVSRVHRIFRPSXWHU
p 5HPRYHWKHPLFUR6'PHPRU\FDUGDQGRWKHU
SHULSKHUDOV
p 3HUIRUP³)DFWRU\GDWDUHVHW´WRHUDVHWKH
VWRUHGGDWD¼SDJH
%DWWHU\SDFN
p 7KHEDWWHU\SDFNLVDFRQVXPDEOH7KHEDWWHU\
OLIHZKLFKYDULHVZLWKXVLQJFRQGLWLRQVLV
DSSUR[LPDWHO\D\HDUDVDJXLGHOLQHDQGDIWHU
D\HDURUDSSUR[LPDWHO\RYHUWLPHVRI
UHFKDUJLQJWKHUHFKDUJLQJFDSDELOLW\EHFRPHV
ZHDN,IWKHEDWWHU\LVH[KDXVWHGLQDVKRUW
WLPHDIWHUIXOOUHFKDUJLQJUHSODFHWKHEDWWHU\
SDFNZLWKQHZRQH
p %HVXUHWRXVHWKHVSHFL¿HGEDWWHU\SDFN
p 'RQRWWRXFKWKHFRQWDFWSRUWLRQVRIWKH
EDWWHU\SDFN)DLOXUHWRREVHUYHWKLVPD\
FDXVHSRRUFRQWDFW
p /HDYLQJWKLVSURGXFWIRUDORQJWLPHDIWHU
UHFKDUJLQJUHGXFHVWKHEDWWHU\FDSDFLW\HYHQLI
WKHSRZHULVWXUQHGRII
p 5HFKDUJHWKHEDWWHU\SDFNDWDPELHQW
WHPSHUDWXUHVIURP&WR&^)WR
)`
p 6WRUHWKHEDWWHU\SDFNDWDPELHQW
WHPSHUDWXUHVIURP&WR&^)
WR)`6WRULQJWKHEDWWHU\SDFNRXWVLGH
RIWKHVSHFL¿HGWHPSHUDWXUHVUHGXFHVWKH
SHUIRUPDQFHDQGOLIHRIWKHEDWWHU\SDFN
p &KDUJHWKHEDWWHU\SDFNEHIRUHXVH
p :KHQWKHWHUPLQDORIWKHEDWWHU\SDFN
EHFRPHVGLUW\XVHDGU\VRIWFORWKWRFOHDQWKH
WHUPLQDO)DLOXUHWRREVHUYHWKLVPD\FDXVH
SRRUFRQWDFWZLWKWKHGHYLFHDQGFXWSRZHU
VXSSO\
p 2QFHWKHWHUPLQDORIWKHEDWWHU\SDFNLV
FORJJHGZLWKIRUHLJQPDWWHUWKHPDWWHULVKDUG
WREHUHPRYHGUHVXOWLQJLQGDPDJHWRWKH
GHYLFH
p ,IDQDQRPDO\VXFKDVKHDWJHQHUDWLRQ
GHIRUPDWLRQDQGDEQRUPDORGRULVGHWHFWHG
ZLWKUHVSHFWWRWKHEDWWHU\SDFNGRQRWXVHWKH
EDWWHU\SDFN
p ,IUHFKDUJLQJLVQRWFRPSOHWHGDIWHUWKH
VSHFL¿HGUHFKDUJLQJWLPHKDVSDVVHGUHPRYH
WKHEDWWHU\SDFNIURPWKHGHYLFH7KHEDWWHU\
SDFNSURWHFWLRQGHYLFHPD\EHGDPDJHG
p 7KHEDWWHU\SDFNLVDOLWKLXPLRQEDWWHU\
p 'RQRWGLVSRVHRIEXWUHF\FOHQRORQJHU
QHHGHGEDWWHULHVWRSURWHFWSUHFLRXV
UHVRXUFHV
+DQGOLQJDQGPDLQWHQDQFH
*HWWLQJ6WDUWHG

,QWURGXFWLRQ
7HUPVDQGLOOXVWUDWLRQVLQ
WKHVHLQVWUXFWLRQV
3DJHLQWKHVH2SHUDWLQJ
,QVWUXFWLRQVRULQWKH5HIHUHQFH
0DQXDO
5HIHUHQFHWRWKHRQVFUHHQ
PDQXDOV
p 6RPHLOOXVWUDWLRQVDUHVLPSOL¿HGWR
KHOS\RXUXQGHUVWDQGLQJDQGPD\ORRN
GLIIHUHQWIURPWKHDFWXDOXQLW
p 5HIHUIRUWKHODWHVWLQIRUPDWLRQDERXW
RSWLRQDOSURGXFWVWRWKHFDWDORJVHWF
'LVFODLPHU
&RPSXWHUVSHFL¿FDWLRQVDQGPDQXDOV
DUHVXEMHFWWRFKDQJHZLWKRXWQRWLFH
3DQDVRQLF&RUSRUDWLRQDVVXPHVQROLDELOLW\
IRUGDPDJHLQFXUUHGGLUHFWO\RULQGLUHFWO\
IURPHUURUVRPLVVLRQVRUGLVFUHSDQFLHV
EHWZHHQWKHFRPSXWHUDQGWKHPDQXDOV
7UDGHPDUNV/LFHQVHV
p *RRJOHWKH*RRJOHORJR*RRJOH
6HDUFK*PDLO$QGURLGDQG*RRJOH3OD\
DUHWUDGHPDUNVRI*RRJOH,QF
p 20$3LVDUHJLVWHUHGWUDGHPDUNRI
7H[DV,QVWUXPHQWV,QFRUSRUDWHG
p PLFUR6'+&/RJRLVDWUDGHPDUNRI
6'&//&
p $GREHWKH$GREHORJRDQG$GREH
5HDGHUDUHHLWKHUUHJLVWHUHGWUDGHPDUNV
RUWUDGHPDUNVRI$GREH6\VWHPV
,QFRUSRUDWHGLQWKH8QLWHG6WDWHVDQGRU
RWKHUFRXQWULHV
p %OXHWRRWKLVDUHJLVWHUHGWUDGHPDUN
RZQHGE\%OXHWRRWK6,*,QF86$
DQGOLFHQVHGWR3DQDVRQLF&RUSRUDWLRQ
p :L)LWKH:L)LORJRWKH:L)L
&(57,),('ORJRDQG:L)L&(57,),('
DUHWUDGHPDUNVRUUHJLVWHUHGWUDGHPDUNV
RI:L)L$OOLDQFH
p 7KH10DUNORJRLVDWUDGHPDUNRU
UHJLVWHUHGWUDGHPDUNRI1)&)RUXP
p 1DPHVRISURGXFWVEUDQGVHWF
DSSHDULQJLQWKLVPDQXDODUHWUDGHPDUNV
RUUHJLVWHUHGWUDGHPDUNVRIWKHLU
UHVSHFWLYHRZQFRPSDQLHV
7KLVSURGXFWLVOLFHQVHGXQGHUWKH$9&
3DWHQW3RUWIROLR/LFHQVHDQG03(*
9LVXDO3DWHQW3RUWIROLR/LFHQVHIRUWKH
SHUVRQDOXVHRIDFRQVXPHURURWKHUXVHV
LQZKLFKLWGRHVQRWUHFHLYHUHPXQHUDWLRQ
WRLHQFRGHYLGHRLQFRPSOLDQFHZLWK
WKH$9&6WDQGDUGDQG03(*9LVXDO
6WDQGDUG³$9&03(*9LGHR´DQGRU
LLGHFRGH$9&03(*9LGHRWKDWZDV
HQFRGHGE\DFRQVXPHUHQJDJHGLQD
SHUVRQDODFWLYLW\DQGRUZDVREWDLQHGIURP
DYLGHRSURYLGHUOLFHQVHGWRSURYLGH$9&
03(*9LGHR1ROLFHQVHLVJUDQWHG
RUVKDOOEHLPSOLHGIRUDQ\RWKHUXVH
$GGLWLRQDOLQIRUPDWLRQPD\EHREWDLQHG
IURP03(*/$//&6HHKWWSZZZ
PSHJODFRP
*HWWLQJ6WDUWHG

&RQ¿UPDWLRQRIDFFHVVRULHV
%HIRUHXVLQJFKHFNWKHIROORZLQJDFFHVVRULHV
,I\RXGRQRW¿QGWKHGHVFULEHGDFFHVVRULHVFRQWDFW\RXUWHFKQLFDOVXSSRUWRI¿FH
x 0DLQXQLW x $&DGDSWRU
モヒ モビ モピ
x $&FRUG
6KDSHGHSHQGVRQWKHFRXQWU\
x %DWWHU\SDFN
x 23(5$7,1*,16758&7,216
WKLVGRFXPHQW
x 6RIWFORWK
x +DQGVWUDS
*HWWLQJ6WDUWHG

'HVFULSWLRQRISDUWV
)URQWVLGH
モヒ モビ モピ
 
1R 1DPH 'HVFULSWLRQ
/&' 7KH/&'VFUHHQRSHUDWLRQVDUHSHUIRUPHGXVLQJDWRXFK
SDQHOV\VWHP
$PELHQWOLJKWVHQVRU 7KLVLVXVHGZKHQWKH/&'EULJKWQHVVLVDGMXVWHG
DXWRPDWLFDOO\
p 'RQRWEORFNRUFRYHUWKHVHQVRUDUHD
)URQWFDPHUD 7KLVLVXVHGZKHQWDNLQJSKRWRVDQGYLGHRV
&RQWDFWOHVV,&FDUG
UHDGHUZULWHU
7KLVUHDGVGDWDIURPFRQWDFWOHVV,&FDUGVDQGZULWHVGDWD
RQWRWKHFDUGV
$SSOLFDWLRQEXWWRQ>$@ 7KLVLVXVHGWRH[HFXWHWKHIXQFWLRQDVVLJQHGWRWKH
EXWWRQE\WKHVRIWZDUHDSSOLFDWLRQ
,QWKHLQLWLDOVWDWXV³%$&.´LVWKHIXQFWLRQDVVLJQHG
$SSOLFDWLRQEXWWRQ>$@ 7KLVLVXVHGWRH[HFXWHWKHIXQFWLRQDVVLJQHGWRWKH
EXWWRQE\WKHVRIWZDUHDSSOLFDWLRQ
,QWKHLQLWLDOVWDWXV³+20(´LVWKHIXQFWLRQDVVLJQHG
$SSOLFDWLRQEXWWRQ>$@ 7KLVLVXVHGWRH[HFXWHWKHIXQFWLRQDVVLJQHGWRWKH
EXWWRQE\WKHVRIWZDUHDSSOLFDWLRQ
,QWKHLQLWLDOVWDWXV³0(18´LVWKHIXQFWLRQDVVLJQHG
%DWWHU\LQGLFDWRU
7KLVOLJKWVXSZKHQWKHEDWWHU\SDFNLVEHLQJFKDUJHG
¼SDJH,WOLJKWVUHGDVVRRQDVWKHUHPDLQLQJ
FKDUJHRIWKHEDWWHU\SDFNKDVGURSSHGOHVVWKDQRI
DIXOOFKDUJHGXULQJXVH
3RZHUEXWWRQ 7KLVLVXVHGWRWXUQWKHSRZHURQDQGRIIDQGHVWDEOLVKWKH
VOHHSPRGHRUZDNHXSPRGH
*HWWLQJ6WDUWHG

5HDUVLGH
x 5HDUVLGH x :KHQWKHKDQGVWUDSKDVEHHQ
DWWDFKHGDQGWKHEDWWHU\SDFNLQVWDOOHG
ュヤチリワチブヷ

ュヤチリワチブヷ
1R 1DPH 'HVFULSWLRQ
:LUHOHVV:$1:LUHOHVV
/$1*36$QWHQQD 7KHVHDUHXVHGIRUZLUHOHVVFRPPXQLFDWLRQ
&DPHUDOLJKW 7KLVLVXVHGIRUÀDVKLQJZKHQWDNLQJSKRWRVDQG
YLGHRV
([SDQVLRQ%XV&RQQHFWRU
7KLVLVXVHGIRUPDNLQJWKHFRQQHFWLRQZLWKWKH
RSWLRQDOFUDGOHDQGIRUH[SDQVLRQWRDFFRPPRGDWH
IXWXUHIXQFWLRQV
PLFUR6'PHPRU\FDUGVORW 6ORWIRUPLFUR6'PLFUR6'+&
5HDUFDPHUD 7KLVLVXVHGZKHQWDNLQJSKRWRVDQGYLGHRV
$UHDZKHUHWKHKDQGVWUDS
LVDWWDFKHG
3DVVRQHHQGRIWKHKDQGVWUDSWKURXJKWKLVKROHWR
DWWDFKWKHVWUDS
PLFUR6,0FDUGVORW7KLVLVZKHUHWKHPLFUR6,0FDUGLVLQVHUWHG
%DWWHU\SDFNORFN 7KLVLVXVHGZKHQLQVWDOOLQJDQGUHPRYLQJWKHEDWWHU\
SDFN
+DQGVWUDS /RRSWKHVWUDSRYHU\RXUKDQGIRUXVH
%DWWHU\SDFN 7KLVVXSSOLHVSRZHUWRWKHXQLW,WFDQEHH[FKDQJHG
IRUDQRWKHUEDWWHU\SDFN
2QO\IRUPRGHOZLWKZLUHOHVV:$1
1RWDYDLODEOHLQVRPHFRXQWULHV
'HVFULSWLRQRISDUWV
*HWWLQJ6WDUWHG

6LGHSDQHOV
 
1R 1DPH 'HVFULSWLRQ
6SHDNHU 7KLVHPLWVWKHVRXQGVDFFRPSDQ\LQJWKHRSHUDWLRQV
DQGRWKHUWRQHV
$XGLRRXWSXWMDFNFRYHU 7KLVSURWHFWVWKHDXGLRRXWSXWMDFN
,QWHUIDFHFRYHU 7KLVSURWHFWVWKH'&,1MDFNDQG86%0LFUR%
FRQQHFWRU
,QWHUIDFHFRYHUORFN 7KLVORFNVWKHLQWHUIDFHFRYHU
$XGLRRXWSXWMDFN 7KLVLVZKHUHWKHKHDGVHWRUHDUSKRQHVDUH
FRQQHFWHG
86%0LFUR%FRQQHFWRU 7KLVLVFRQQHFWHGWRWKH86%GHYLFH
'&,1MDFN 7KLVLVZKHUHWKHSOXJRIWKHGHGLFDWHG$&DGDSWRU
LVFRQQHFWHG
0LFURSKRQH 7KLVLVXVHGIRUYRLFHLQSXW
*HWWLQJ6WDUWHG

x +RZWRRSHQDQGFORVHWKHLQWHUIDFHFRYHU
6OLGHWKHOHYHUZLWK
WKHYPDUNLQWKH
GLUHFWLRQVKRZQE\WKH
DUURZ
6OLGHWKHOHYHUZLWKWKHYPDUN
LQWKHGLUHFWLRQVKRZQE\WKH
DUURZDQGORFNWKHFRYHU
&ORVHWKHFRYHU
¿UPO\
3XOOWKHOHYHULQWKH
GLUHFWLRQVKRZQE\WKH
DUURZDQGRSHQWKHFRYHU
x +RZWRRSHQDQGFORVHWKHDXGLRRXWSXWMDFNFRYHU
8VH\RXU¿QJHUQDLOKHUH
WRRSHQWKHFRYHUDQG
SXOORXWWKHFRYHULQWKH
GLUHFWLRQVKRZQE\WKH
DUURZ
$XGLRRXWSXWMDFNFRYHU
p ,QRUGHUWRHQVXUHWKHGXVWWLJKWDQGZDWHUSURRISHUIRUPDQFHRIWKHSURGXFWXVH
WKHSURGXFWZLWKWKHFRYHULQVWDOOHGVHFXUHO\LQSODFHZKHQWKH'&,1MDFN86%
0LFUR%FRQQHFWRUDQGDXGLRRXWSXWMDFNDUHQRWEHLQJXVHG
'HVFULSWLRQRISDUWV
8VLQJ

,QSXWRSHUDWLRQ
6FUHHQLQSXWRSHUDWLRQ
7RXFK 6HOHFWLWHPVRU
RSWLRQV
7RXFKDQGKROG 2SHQVSHFLDO
RSWLRQV
'UDJ 6FUROOWKHVFUHHQ
)OLFN 6FUROOWKHVFUHHQ
TXLFNO\
'UDJDQGGURS 0RYHDQLWHP
3LQFK =RRPLQRURXWWKH
VFUHHQ
'HSHQGLQJRQWKH
DSSOLFDWLRQV\RX
FDQDOVR]RRPLQ
RURXWE\GRXEOH
WRXFKLQJWKHVFUHHQ
%XWWRQV
モヒ 5HWXUQWRWKHSUHYLRXVVFUHHQ
7KHVDPHIXQFWLRQDV> @ 
モビ 5HWXUQWRWKHKRPHVFUHHQ
7KHVDPHIXQFWLRQDV> @ 
モピ 2SHQWKHPHQX
p 7KHIXQFWLRQVRIWKHEXWWRQVFDQEH
FKDQJHGXVLQJWKHDSSOLFDWLRQ
¼5HIHUHQFH0DQXDO³,QSXW
2SHUDWLRQ±$SSOLFDWLRQEXWWRQV´
8VLQJ

7XUQLQJRQRIIDQGVOHHSLQJZDNLQJXS
7XUQLQJRQ
 +ROGGRZQ SRZHU
EXWWRQXQWLOWKHXQLW
YLEUDWHVIRUDPRPHQW
モヒ モビ モピ
p ,IWKHEDWWHU\LQGLFDWRUEOLQNVWKUHH
WLPHVLQUHG¿YHVHFRQGVDIWHUWKH
SRZHUEXWWRQKDVEHHQKHOGGRZQ
DQGWKHSURGXFWKDVYLEUDWHGIRUD
PRPHQWLWPHDQVWKDWWKHUHPDLQLQJ
FKDUJHRIWKHEDWWHU\SDFNLVOHVVWKDQ
RIDIXOOFKDUJHDQGWKHSURGXFW
ZLOOQRWVWDUWXS
7XUQLQJRII
([LWWKHRSHUDWLRQRIDOOWKH
IXQFWLRQVDQGKROGGRZQ
SRZHUEXWWRQXQWLO
³6KXWGRZQ"´LVGLVSOD\HG
 7RXFK³2.´
6OHHSLQJ
 :LWKWKHSRZHU21SUHVV
SRZHUEXWWRQ
p 7KHVFUHHQJRHVRIIDQGWKHSURGXFWLV
SODFHGLQWKHVOHHSPRGH
p :KHQWKHSURGXFWHQWHUVWKHVOHHS
PRGHQRIXUWKHURSHUDWLRQVDUHSRVVLEOH
p ,QRUGHUWRFRQVHUYHWKHEDWWHU\
SRZHUWKHSURGXFWLVSODFHGLQWKH
VOHHSPRGHZKHQLWKDVQRWEHHQ
XVHGIRUWKHSUHVFULEHGSHULRGRIWLPH
,IWKLVKDSSHQVZKLOHWKHFKDUDFWHUV
RUZKDWHYHUHOVHLVEHLQJLQSXWWKH\
PD\EHFOHDUHG
:DNLQJXS
 3UHVV SRZHUEXWWRQ
p 7KHVFUHHQFRPHVRQDQGRSHUDWLRQV
FDQQRZEHSHUIRUPHG
8VLQJ

3UHSDUDWLRQ
 ,QVWDOOLQJWKHEDWWHU\SDFN
5HOHDVHWKHEDWWHU\SDFNORFNV
,QVWDOOWKHEDWWHU\SDFN
3UHFLVHO\DOLJQWKHWDEVRIWKHEDWWHU\
SDFNDQGSUHVVWKHEDWWHU\SDFNXS
DJDLQVWWKHZDOO
.HHSSXVKLQJWKHEDWWHU\SDFNLQWR
SODFH¿UPO\XQWLOLWPRYHVQRIXUWKHU
$OLJQWKHWDEV
3XVKWKHERWWRPVLGHRIWKHEDWWHU\
SDFNGRZQLQWRSRVLWLRQ
(QJDJHWKHEDWWHU\SDFNORFNV
p7XUQWKHEDWWHU\SDFNORFNVXQWLO\RX
KHDUDFOLFNLQJVRXQGWRORFNWKH
EDWWHU\SDFNLQSODFH
 &KDUJLQJWKLVFRPSXWHU
XVLQJWKH$&DGDSWRU
'HVFULEHGEHORZDUHWKHVWHSVWRWDNHWR
FKDUJHWKHEDWWHU\SDFNLQWKLVFRPSXWHU
&RQQHFWRQHHQGRIWKH$&FRUGWRWKH
$&DGDSWRU
2SHQWKLVFRPSXWHU¶VLQWHUIDFHFRYHU
6OLGHWKHOHYHUZLWK
WKHYPDUNLQWKH
GLUHFWLRQVKRZQE\WKH
DUURZ
3XOOWKHOHYHULQWKH
GLUHFWLRQVKRZQE\WKH
DUURZDQGRSHQWKH
FRYHU
,QVHUWWKH$&DGDSWRU¶VSOXJ¿UPO\LQWR
WKH'&,1MDFN
)LUVWWLPHRSHUDWLRQ
8VLQJ

&RQQHFWWKHRWKHUHQGRIWKH$&FRUGWR
WKH$&RXWOHW
7KHEDWWHU\LQGLFDWRUOLJKWVXSDVVRRQ
DVFKDUJLQJVWDUWV
モヒ モビ モピ
7KHEDWWHU\
LQGLFDWRUOLJKWVXS
x %DWWHU\LQGLFDWRUGXULQJFKDUJLQJ
/LJKWVXS
LQJUHHQ
)XOOFKDUJH
/LJKWVXS
LQRUDQJH
&KDUJHLVOHVVWKDQRIDIXOO
FKDUJHFKDUJLQJVWLOOXQGHUZD\
%OLQNVLQ
RUDQJH
$EQRUPDOWHPSHUDWXUH
2II 1RFKDUJLQJGLVFKDUJLQJ
p ,IFKDUJLQJLVVWDUWHGLQDVWDWHZKHUHWKH
UHPDLQLQJEDWWHU\FKDUJHLVFORVHWRWKH
EDWWHU\LQGLFDWRUPD\QRWOLJKWXSLPPHGLDWHO\
6WDUWLQJ8S
 +ROGGRZQ SRZHU
EXWWRQXQWLOWKHXQLW
YLEUDWHVIRUDPRPHQW
モヒ モビ モピ
p ,IWKHEDWWHU\LQGLFDWRUEOLQNVWKUHH
WLPHVLQUHG¿YHVHFRQGVDIWHUWKH
SRZHUEXWWRQKDVEHHQKHOGGRZQ
DQGWKHSURGXFWKDVYLEUDWHGIRUD
PRPHQWLWPHDQVWKDWWKHUHPDLQLQJ
FKDUJHRIWKHEDWWHU\SDFNLVOHVVWKDQ
RIDIXOOFKDUJHDQGWKHSURGXFW
ZLOOQRWVWDUWXS
&$87,21
y 'RQRWGLVFRQQHFWWKH$&DGDSWRUXQWLOWKH
¿UVWWLPHRSHUDWLRQSURFHGXUHLVFRPSOHWHG
y :KHQXVLQJWKLVFRPSXWHUIRUWKH¿UVW
WLPHGRQRWFRQQHFWDQ\SHULSKHUDOGHYLFH
H[FHSWWKH$&DGDSWRU
y +DQGOLQJWKH$&DGDSWRU
y 3UREOHPVVXFKDVVXGGHQYROWDJHGURSV
PD\DULVHGXULQJSHULRGVRIWKXQGHUDQG
OLJKWQLQJ6LQFHWKLVFRXOGDGYHUVHO\DIIHFW
WKLVFRPSXWHUDQXQLQWHUUXSWLEOHSRZHU
VRXUFH836LVKLJKO\UHFRPPHQGHG
XQOHVVUXQQLQJIURPWKHEDWWHU\DORQH
)LUVWWLPHRSHUDWLRQ
8VLQJ

 ,IQHFHVVDU\WRXFKWKH
ODQJXDJHQDPHDQGVFUROO
WKHODQJXDJHOLVWWKHQWRXFK
WKHODQJXDJH\RXXVH
 7RXFK>6WDUW@
2QO\IRUPRGHOZLWKZLUHOHVV:$1!
,I³6,0FDUGQRWIRXQG´LVGLVSOD\HGWRXFK
>6NLS@7KHQWRXFK>6NLS@RUFRQ¿JXUH
ZL¿VHWWLQJVE\IROORZLQJWKHRQVFUHHQ
LQVWUXFWLRQV
 7RXFKDQGVFUROOWKHWLPH
]RQHOLVWDQGWRXFKWKHWLPH
]RQHIRU\RXUORFDWLRQ
p ,IQHFHVVDU\VHWGDWHDQGWLPHRUVHW
>$XWRPDWLFGDWHWLPH@WR>21@
  7RXFK>1H[W@
p ³6LJQLQZLWK\RXU*RRJOH$FFRXQW´VFUHHQLV
GLVSOD\HG
! ,IQHFHVVDU\VHWXS\RXU
*RRJOHDFFRXQWE\IROORZLQJ
WKHRQVFUHHQLQVWUXFWLRQV
p ,I\RXVHWXS\RXU*RRJOHDFFRXQW\RX
FDQXVH*PDLO&DOHQGDUHWF
" :KHQ³8VH*RRJOHORFDWLRQ´
LVGLVSOD\HGFKHFNZKDW
LVGLVSOD\HGRQWKHVFUHHQ
DQGWRXFK>1H[W@
7RUHPRYHWKHFKHFNPDUN
WRXFKWKHDSSOLFDEOHFKHFN
ER[
# :KHQ³7KLVWDEOHWEHORQJV
WR´LVGLVSOD\HGLQSXW
\RXUQDPHDQGWRXFK>1H[W@
$ 5HDG³*RRJOHVHUYLFHV´DQG
WRXFK>1H[W@
 :KHQ³6HWXSFRPSOHWH´LV
GLVSOD\HGWRXFK>)LQLVK@
 :KHQ³0DNH\RXUVHOIDW
KRPH´LVGLVSOD\HGWRXFK
>2.@
8VLQJ

)LUVWWLPHRSHUDWLRQ
+RPHVFUHHQ
 7KHVFUHHQFRQ¿JXUDWLRQPD\GLIIHU
GHSHQGLQJRQWKHVRIWZDUHYHUVLRQXVHG
$ 6HDUFK9RLFHVHDUFK
6HDUFKWKHLQWHUQHWDQGWKLVFRPSXWHU
XVLQJ*RRJOHVHDUFK<RXFDQLQSXWWKH
VHDUFKWHUPVE\XVLQJRQVFUHHQNH\ERDUG
RUVSHDNLQJ
% :LGJHWV
7KHVPDOODSSOLFDWLRQVRQWKHKRPH
VFUHHQ6RPHZLGJHWVGLVSOD\WKHODWHVW
LQIRUPDWLRQFORFNFDOHQGDUZHDWKHU
HPDLOHWFRQWKHKRPHVFUHHQ
& $SSOLFDWLRQVKRUWFXWV
2SHQDQDSSOLFDWLRQ<RXFDQDGGUHPRYH
DSSOLFDWLRQVVKRUWFXWVWRIURPWKHKRPH
VFUHHQ
' +RPHVFUHHQ
7KHVWDUWLQJSRLQWIRUWKLVFRPSXWHU<RX
FDQSODFHVKRUWFXWVZLGJHWVDQGRWKHU
LWHPVWRWKHKRPHVFUHHQ
( $SSV
'LVSOD\DOODSSOLFDWLRQVDQGZLGJHWV7RXFK
DQDSSOLFDWLRQZLGJHWWRRSHQIURPWKHOLVW
) 0HQX
'HSHQGLQJRQWKHDSSOLFDWLRQV LV
GLVSOD\HGDWWKHWRSULJKWRIWKHVFUHHQ
<RXFDQVHOHFWDGGLWLRQDOIXQFWLRQVIURP
WKHPHQX
* 5HFHQWDSSV
'LVSOD\WKHUHFHQWDSSOLFDWLRQV7RXFKDQ
DSSOLFDWLRQWRRSHQIURPWKHDSSOLFDWLRQOLVW
7RVWRSWKHDSSOLFDWLRQGUDJLWWRWKHULJKW
+ +RPH
5HWXUQWRWKHKRPHVFUHHQ
, %DFN
5HWXUQWRWKHSUHYLRXVVFUHHQ
- 6WDWXVGHWDLODQGTXLFNVHWWLQJV
7RXFKWKLVDUHDWRRSHQWKHVWDWXVGHWDLO
QRWL¿FDWLRQLFRQVVWDWXVLFRQVDQGFORFN
¼5HIHUHQFH0DQXDO³+RPH6FUHHQ±
1RWL¿FDWLRQ,FRQV´³+RPH6FUHHQ±6WDWXV
,FRQV´7RXFKWKHVWDWXVGHWDLOWRRSHQWKH
TXLFNVHWWLQJV7KHTXLFNVHWWLQJVGLVSOD\
QHWZRUNVWDWXVUHPDLQLQJEDWWHU\FKDUJH
DQGRWKHUGHWDLOV
:KHQ\RXWRXFK> 6HWWLQJV@6HWWLQJV
DSSOLFDWLRQLVRSHQHG
. 3DQHOV
7KLVFRPSXWHUKDVSDQHOV)OLFNOHIWRU
ULJKWWRGLVSOD\WKHQH[WSDQHO
8VLQJ

7KHVWHSVWDNHQWRDWWDFKWKHKDQGVWUDSWR
WKHSURGXFWDUHGHVFULEHGEHORZ
 7DNHQRWHRIZKLFKHQGRI
WKHKDQGVWUDSLVZKLFKDQG
SDVVWKHVWUDSWKURXJKWKH
VWUDSKROHVDWWKHWRSDQG
ERWWRP
 3DVVRQHHQGRIWKHVWUDSDOO
WKHZD\WKURXJKIROGLWEDFN
DVVKRZQLQWKH¿JXUHDQG
KROGLWLQSODFHZLWK\RXU
KDQGDQGDGKHUHWKHKRRN
DQGORRSIDVWHQHU
 )ROGEDFNWKHRWKHUHQGRI
WKHVWUDSVRWKDWLW¿WVWKH
VL]HRI\RXUKDQGKROGLWLQ
SODFHZLWK\RXUKDQGDQG
DGKHUHWKHKRRNDQGORRS
IDVWHQHU
 3ODFHWKHSDGVRQWRS7KLV
FRPSOHWHVWKHSURFHVV
+RZWRDWWDFKWKHKDQGVWUDS
8VLQJ

'HVFULEHGEHORZDUHWKHVWHSVWRWDNHWR
FKDQJHWKHEDWWHU\SDFN
%HIRUHFKDQJLQJWKHEDWWHU\SDFNSODFH
WKHXQLWRQDGHVNRUWDEOH
 7XUQRIIWKLVFRPSXWHUV
SRZHU
p )RUWKHSURFHGXUHWRWXUQRIIWKHSRZHU
UHIHUWR³7XUQLQJRII´RQSDJH
 7KLVVWHSDSSOLHVRQO\
ZKHQWKHKDQGVWUDSLV
DWWDFKHG!
:LWKWKLVFRPSXWHUSODFHG
RQDGHVNRUWDEOHRSHQRXW
WKHSDGRIWKHKDQGVWUDS
%XFNOH
3DG
 7KLVVWHSDSSOLHVRQO\
ZKHQWKHKDQGVWUDSLV
DWWDFKHG!
5HPRYHWKHEXFNOHDQG
H[WHQGWKHHQGVRIWKHVWUDS
%XFNOH
 5HOHDVHWKHEDWWHU\SDFN
ORFNV
  5HPRYHWKHEDWWHU\SDFN
p 7DNHWKHVWHSVIRUUHPRYLQJWKH
EDWWHU\SDFNZLWKWKLVFRPSXWHURQD
GHVNWDEOHRURWKHUVXFKVXUIDFH
p (QVXUHWKDWWKHEDWWHU\SDFNZLOOQRW
IDOO
p ,ILWSURYHVGLI¿FXOWWRUHPRYHWKHEDWWHU\
SDFNKRRNWKHEXFNOHRIWKHVWUDSRYHU
WKHJULSDQGWXUQLWLQWKHGLUHFWLRQVKRZQ
E\WKHDUURZWRUHPRYHWKHEDWWHU\SDFN
+RZWRFKDQJHWKHEDWWHU\SDFN
8VLQJ

p 'XHWRWKHGHVLJQDGRSWHGWRHQVXUH
WKHGXVWWLJKWDQGZDWHUSURRI
SHUIRUPDQFHRIWKHSURGXFW\RXPD\
¿QGWKDWWKHEDWWHU\SDFNWHQGVWR
VWLFNZKHQ\RXDUHWU\LQJWRUHPRYHLW
! ,QVWDOOWKHUHSODFHPHQW
EDWWHU\SDFN
3UHFLVHO\DOLJQWKHWDEVRIWKHEDWWHU\
SDFNDQGSUHVVWKHEDWWHU\SDFNXS
DJDLQVWWKHZDOO
.HHSSXVKLQJWKHEDWWHU\SDFNLQWR
SODFH¿UPO\XQWLOLWPRYHVQRIXUWKHU
$OLJQWKHWDEV
3XVKWKHERWWRPVLGHRIWKH
EDWWHU\SDFNGRZQLQWRSRVLWLRQ
p ,QVWDOOWKHEDWWHU\SDFNZLWKWKHVXUIDFH
ZKHUHLWVPRGHOQXPEHUDQGRWKHU
GHWDLOVDUHSULQWHGIDFHGRZQ
" (QJDJHWKHEDWWHU\SDFN
ORFNV
p7XUQWKHEDWWHU\SDFNORFNVXQWLO\RX
KHDUDFOLFNLQJVRXQGWRORFNWKH
EDWWHU\SDFNLQSODFH
p 'RQRWUHPRYHWKHEDWWHU\SDFNZLWK
WKHSRZHUVWLOOVXSSOLHGWRWKHSURGXFW
2WKHUZLVHDQ\¿OHVEHLQJZULWWHQPD\
EHGHVWUR\HG
p $VDVDIHJXDUGWRSUHYHQWRSHUDWLQJ
HUURUVWKHSURGXFWKDVDIXQFWLRQIRU
GLVSOD\LQJDZDUQLQJDQGVRXQGLQJD
ZDUQLQJEHHSWRDOHUWWKHXVHULI\RX
UHOHDVHWKHEDWWHU\SDFNORFNVZKLOH
SRZHULVVWLOOVXSSOLHGWRWKHSURGXFW
,I\RXDUHXVLQJKHDGSKRQHVIRU
LQVWDQFHWKHZDUQLQJEHHSZLOOEH
HPLWWHGVLPXOWDQHRXVO\IURPWKHPDLQ
XQLWDQGWKURXJKWKHKHDGSKRQHV,I
WKHSURGXFWKDVQRWEHHQRSHUDWHGIRU
WKHSUHVFULEHGSHULRGRIWLPHLWZLOO
EHSODFHGLQWKHVOHHSPRGH,QWKH
VOHHSPRGHWKHVFUHHQGDUNHQVDQG
QRWKLQJDSSHDUVRQLWEXWWKHSURGXFW
FRQWLQXHVWRRSHUDWHDQG¿OHVPD\
EHXSGDWHG$WDWLPHOLNHWKLVWKH
ZDUQLQJEHHSLVHPLWWHGWRDOHUWWKH
XVHULI\RXUHOHDVHWKHEDWWHU\SDFN
ORFNVHYHQZKHQWKHSURGXFWLVLQWKH
VOHHSPRGH
8VLQJ

,QVWDOOLQJWKHPLFUR6,0FDUG
 ,QVHUWWKHPLFUR6,0FDUG
VWUDLJKWLQDVIDUDVLWZLOO
JR
1RWFK
p +ROGWKHPLFUR6,0FDUGVRWKDWLWVPHWDO
WHUPLQDOVXUIDFHLVIDFLQJXSDQGDOLJQ
LWVQRWFKZLWKWKHSRVLWLRQLQWKH¿JXUH
p 3XVKLW¿UPO\LQWRSODFHXQWLO\RXKHDUD
FOLFNLQJVRXQG
5HPRYLQJWKHPLFUR6,0FDUG
 3UHVVWKHPLFUR6,0FDUG
OLJKWO\
p 7KHPLFUR6,0FDUGZLOOSDUWLDOO\SRSRXW
 3XOOWKHPLFUR6,0FDUG
VWUDLJKWRXW
,QVWDOOLQJDQGUHPRYLQJWKHPLFUR6,0FDUG
'HVFULEHGKHUHDUHWKHVWHSVWRWDNHWRLQVWDOODQGUHPRYHWKHPLFUR6,0FDUGZKLFK
UHTXLUHVDXVHUFRQWUDFWIRUXVH
8VLQJ

,QVWDOOLQJWKHPLFUR6'PHPRU\FDUG
 ,QVHUWWKHPLFUR6'PHPRU\
FDUGVWUDLJKWLQDVIDUDVLW
ZLOOJR
1RWFK
p +ROGWKHPLFUR6'PHPRU\FDUGVRWKDW
LWVPHWDOWHUPLQDOVXUIDFHLVIDFLQJGRZQ
DQGDOLJQLWVQRWFKZLWKWKHSRVLWLRQLQ
WKH¿JXUH
p 3XVKLW¿UPO\LQWRSODFHXQWLO\RXKHDUD
FOLFNLQJVRXQG
5HPRYLQJWKHPLFUR6'PHPRU\FDUG
 3UHVVWKHPLFUR6'PHPRU\
FDUGOLJKWO\
p 7KHPLFUR6'PHPRU\FDUGZLOOSDUWLDOO\
SRSRXW
 3XOOWKHPLFUR6'PHPRU\
FDUGVWUDLJKWRXW
,QVWDOOLQJDQGUHPRYLQJWKHPLFUR6'PHPRU\FDUG
'HVFULEHGKHUHDUHWKHVWHSVWRWDNHWRLQVWDOODQGUHPRYHWKHPLFUR6'PHPRU\FDUG
RSWLRQ
7URXEOHVKRRWLQJ

7URXEOHVKRRWLQJEDVLF
)ROORZWKHLQVWUXFWLRQVEHORZZKHQDSUREOHPKDVRFFXUUHG7KHUHLVDOVRDQDGYDQFHG
WURXEOHVKRRWLQJJXLGHLQWKH³5HIHUHQFH0DQXDO´)RUDVRIWZDUHSUREOHPUHIHUWRWKH
VRIWZDUH¶VLQVWUXFWLRQPDQXDO,IWKHSUREOHPSHUVLVWVFRQWDFW3DQDVRQLF7HFKQLFDO6XSSRUW
6WDUWLQJXS
&DQQRWVWDUWXS
7KHEDWWHU\LQGLFDWRULV
QRWOLW
p &RQQHFWWKH$&DGDSWRU
p &KDUJHWKHEDWWHU\SDFN
p 5HPRYHWKH$&DGDSWRUWKHQFRQQHFWLWDJDLQ
p +ROGGRZQ SRZHUEXWWRQXQWLOWKHXQLWYLEUDWHVIRUDPRPHQW
&DQQRWWXUQRQWKLV
FRPSXWHU
7KLVFRPSXWHUGRHVQRW
ZDNHXSIURPVOHHS
p 7KLVFRPSXWHUPD\EHFRPHWRRKRWRUWRRFROG/HDYHLWLQDQ
HQYLURQPHQWRI&^)`WR&^)`IRUDERXWDQKRXU
WKHQWXUQRQWKHSRZHUDJDLQ
&DQQRWVWDUWXSDQGWKH
EDWWHU\LQGLFDWRUEOLQNV
UHG
p 7KHUHPDLQLQJFKDUJHRIWKHEDWWHU\SDFNLVOHVVWKDQRIDIXOO
FKDUJH&KDUJHWKHSDFNIRUDZKLOHDQGWKHQWXUQWKHSRZHURQ
DJDLQ
p 6RPHSUREOHPLVIRXQGLQWKHV\VWHPVRIWZDUH&RQWDFW3DQDVRQLF
7HFKQLFDO6XSSRUW
1RWKLQJDSSHDUVRQWKH
VFUHHQ
p &KDUJHWKHEDWWHU\SDFN
p ,QVWDOOWKHEDWWHU\SDFNFRUUHFWO\
p &KDQJHWKHEDWWHU\SDFNZKLFKKDVEHHQXVHGZLWKDIUHVKRQH
7KHGDWHDQGWLPHDUH
LQFRUUHFW
p 0DNHWKHFRUUHFWVHWWLQJVE\SHUIRUPLQJWKHIROORZLQJVWHSV
7RXFK ±> 6HWWLQJV@±> 'DWHWLPH@DQGVHWGDWHDQG
WLPH
p ,IWKHSUREOHPSHUVLVWVWKHLQWHUQDOFORFNEDWWHU\PD\QHHGWREH
UHSODFHG&RQWDFW3DQDVRQLF7HFKQLFDO6XSSRUW
p :KHQWKLVFRPSXWHULVFRQQHFWHGWRQHWZRUNFKHFNWKHGDWHDQG
WLPHRIWKHVHUYHU
p 7KH$'RUODWHU\HDUZLOOQRWEHFRUUHFWO\UHFRJQL]HGRQWKLV
WDEOHWFRPSXWHU
2SHUDWLRQLVVORZp $PELHQWWHPSHUDWXUHPD\EHKLJK0RYHWKLVFRPSXWHUWRWKH
FRROHUORFDWLRQ
&DQQRWZDNHXS p 7KH$&DGDSWRUPD\KDYHEHHQGLVFRQQHFWHGDQGWKHEDWWHU\SDFN
PD\KDYHEHFRPHFRPSOHWHO\GLVFKDUJHGZKLOHWKHSURGXFWZDVLQ
WKHVOHHSPRGH,QDFDVHOLNHWKLVDQ\GDWDZKLFKKDVQRWEHHQ
VDYHGZLOOEHORVWDQGWKHSURGXFWZLOOQRWZDNHXS
2WKHUVWDUWXSSUREOHPV p 5HPRYHDOOSHULSKHUDOGHYLFHV
7URXEOHVKRRWLQJ

6KXWWLQJGRZQ
7KLVFRPSXWHUGRHVQRWVKXW
GRZQ
p :DLWRQHRUWZRPLQXWHV,WLVQRWDPDOIXQFWLRQ
p 3UHVVDQGKROG SRZHUEXWWRQIRUVHFRQGVRUORQJHUWR
WXUQWKHFRPSXWHURIIIRUFLEO\
p 5HPRYHDOOSHULSKHUDOVIURPWKLVFRPSXWHU
'LVSOD\
1RGLVSOD\ p 7KHSRZHUVDYLQJIXQFWLRQPD\KDYHSODFHGWKHSURGXFWLQWKH
VOHHSPRGH
7RUHVXPH7RZDNHLWXSSUHVV SRZHUEXWWRQ
7KHVFUHHQLVGDUN p ,IWKHEULJKWQHVVVHWWLQJRIWKLVFRPSXWHULVVHWWR³$XWRPDWLF
EULJKWQHVV´WKHVFUHHQEULJKWQHVVDXWRPDWLFDOO\FKDQJHV
GHSHQGLQJRQWKHDPELHQWEULJKWQHVV
'LVDEOH³$XWRPDWLFEULJKWQHVV´DQGFKDQJHWKHEULJKWQHVVRI
WKHVFUHHQ
7KHUHDUHUHGJUHHQRUEOXH
GRWVRQWKHVFUHHQRUWKHUH
LVXQHYHQQHVVLQFRORUVDQG
EULJKWQHVVRQWKHVFUHHQ
7KHIROORZLQJDUHQRWPDOIXQFWLRQV
p $OWKRXJKDGYDQFHGKLJKSUHFLVLRQWHFKQRORJLHVDUHXVHGLQWKH
SURGXFWLRQRIFRORU/&'VFUHHQVRUOHVVRIWKHSLFWXUH
HOHPHQWVPD\EHGDUNRUUHPDLQFRQVWDQWO\OLWLHPRUHWKDQ
RIHOHPHQWVIXQFWLRQSURSHUO\
p 'XHWRWKHQDWXUDOFKDUDFWHULVWLFVRI/&'VFUHHQV\RXPD\
QRWLFHXQHYHQQHVVLQFRORUVDQGEULJKWQHVVGHSHQGLQJRQ\RXU
DQJOHRIYLHZ+XHVPD\DOVRYDU\E\SURGXFW
%DWWHU\LQGLFDWRU
%OLQNLQJRUDQJH p 7KHEDWWHU\SDFNFDQQRWEHFKDUJHGWHPSRUDULO\5HPRYHWKH
$&DGDSWRUWKHQFRQQHFWLWDJDLQ
/LJKWLQJUHG p 7KHUHPDLQLQJEDWWHU\FKDUJHLVDSSUR[LPDWHO\OHVVWKDQ
RIDIXOOFKDUJH&KDUJHWKHEDWWHU\SDFN
7KHEDWWHU\LQGLFDWRUIDLOVWR
OLJKWGXULQJFKDUJLQJ
p &KDQJHWKHEDWWHU\SDFNZKLFKKDVEHHQXVHGZLWKDIUHVKRQH
7KHEDWWHU\SDFNFKDUJLQJ
HQGHGTXLFNO\RUWKHEDWWHU\
SDFNFDQQRWEHFKDUJHGDW
DOO
7URXEOHVKRRWLQJ

2QVFUHHQPDQXDO
:KHQWKHVFUHHQLVURWDWHG
SDUWRIWKHVFUHHQLVQRW
GLVSOD\HG
p ,IWKHVFUHHQLV]RRPHGRUWKHPHQXLVRSHQHG]RRPRXWDQG
FORVHWKHPHQXWKHQWRXFK WRUHORDGWKHGDWD
2WKHUV
1RUHVSRQVH p 3UHVVDQGKROG SRZHUEXWWRQXQWLO³3RZHURII´VFUHHQLV
GLVSOD\HGDQGWRXFK>2.@WKHQSUHVV SRZHUEXWWRQWRWXUQ
LWRQ
p ,IWKHDSSOLFDWLRQGRHVQRWZRUNQRUPDOO\XQLQVWDOODQGUHLQVWDOO
WKHDSSOLFDWLRQ7RXQLQVWDOO
7RXFK ±> 6HWWLQJV@±> $SSOLFDWLRQV@
7RXFK>'2:1/2$'@RU>$//@DQGWRXFKWKHDSSOLFDWLRQWR
XQLQVWDOOWKHQWRXFK>8QLQVWDOO@
8QLQVWDOOWKHDSSOLFDWLRQE\IROORZLQJWKHRQVFUHHQ
LQVWUXFWLRQV
7KHVFUHHQIUHH]HVDQG
QRRSHUDWLRQVFDQEH
SHUIRUPHG
p +ROGGRZQ SRZHUEXWWRQIRURUPRUHVHFRQGV
7KLVIRUFLEO\WXUQVWKHSRZHURII1RZWXUQWKHSRZHUEDFNRQ
)DFWRU\GDWDUHVHW
&$87,21
y )DFWRU\GDWDUHVHWIXQFWLRQZLOOUHWXUQWKLVFRPSXWHUWRWKHGHIDXOWFRQGLWLRQ:KHQ\RXUHVHWWKLV
FRPSXWHUWKHVWRUHGGDWDZLOOEHHUDVHG
%DFNXSLPSRUWDQWGDWDWRRWKHUPHGLDEHIRUHUHVHW
7RXFK ±> 6HWWLQJV@±> %DFNXSUHVHW@±>)DFWRU\GDWDUHVHW@
$OOWKHGDWDLQPQWVGFDUGIROGHUZLOOEHHUDVHG7KHGDWDLQPLFUR6'PHPRU\FDUGLQVHUWHGLQWR
PLFUR6'PHPRU\FDUGVORWZLOOQRWEHHUDVHG
7RXFK>5HVHWWDEOHW@
)ROORZWKHRQVFUHHQLQVWUXFWLRQV
7URXEOHVKRRWLQJEDVLF
$SSHQGL[

6SHFL¿FDWLRQV
x 0DLQVSHFL¿FDWLRQV
%DVLF0RGHO :$10RGHO
0RGHO1R -
7%$3$$=$0
-7%$3$$=
-7%$3$$$$0 -7%$3$$9$0 -7%$3$$8
&386HFRQGDU\FDFKHPHPRU\ 20$3$50&RUWH[$'XDO&RUHE\7,, *+]
0DLQPHPRU\ *%6'5$0
6WRUDJH *%)ODVKPHPRU\
'LVSOD\PHWKRG
6\VWHP 7)7FRORU/&'
1RRISL[HOV î:69*$
6L]H LQFKHV
1RRIFRORUV FRORUVELWV
%DFNOLJKW :KLWH/('
2SHUDWLRQV
6ZLWFKHV 3RZHUDSSOLFDWLRQEXWWRQV
7RXFKSDQHO &DSDFLWLYHWRXFKSDQHO
0XOWLWRXFKVXSSRUWHGSRLQWV
&RPPXQLFDWLRQ
LQWHUIDFH
:L)L ,(((DEJQ
%OXHWRRWK%OXHWRRWKY
$'3$95&3+,'+63233633*$33$1+'3%/3+73+53
:LUHOHVV:$1
²
*60('*(
8076
+63$+63$
/7(
&'0$(9'
5HY$
/7(
*60('*(
8076+63$
+63$/7(
,&FDUG &RQWDFWOHVV,&FDUGUHDGHUZULWHU7\SH$7\SH%)HOL&D
6HQVRU
$FFHOHURPHWHU D[HV
*\URVHQVRU D[HV
*HRPDJQHWLF
VHQVRU D[HV
3UR[LPLW\
VHQVRU <HV
$PELHQWOLJKW
VHQVRU <HV
*36 <HV
&DUGVORWV
PLFUR6'
PHPRU\FDUG
VORW
PLFUR6'PLFUR6'+&FRPSDWLEOHPD[*%î
PLFUR6,0FDUG
VORW
² PLFUR6,0î
([WHUQDO
LQWHUIDFH
86%86%0LFUR%FRQQHFWRUî
+LJK6SHHG+RVW'HYLFH
([SDQVLRQEXV
FRQQHFWRU 86%LQGHSHQGHQWFRQQHFWRUî)XOO6SHHG+RVW
$XGLR
6SHDNHU ,QWHUQDOPRQDXUDOP:ȍ
0LFURSKRQH ,QWHUQDOPRQDXUDO
+HDGVHWMDFN <HV
&DPHUD )URQWFDPHUD 0HJDSL[HO¿[HGIRFXV
5HDUFDPHUD 0HJDSL[HOZLWK/('ÀDVKDXWRIRFXV
3RZHUVXSSO\ $&DGDSWRURUEDWWHU\SDFN
$&DGDSWRU,QSXW9±9$&+]+]
2XWSXW9'&$
$SSHQGL[

%DWWHU\
SDFN
/LLRQ9P$K
2SHUDWLQJWLPH

$SSUR[KRXUV
&KDUJLQJWLPH

7LPHWDNHQIRUDFKDUJHLQVOHHSPRGH
$SSUR[KRXUVXVLQJWKH$&DGDSWRURU86%SRUW
$SSUR[KRXUVXVLQJWKHFUDGOH
$QWLGURSVWUHQJWK
IHHW^P`
7KLVZDVWKHYDOXH\LHOGHGE\WKHGURSWHVWVZKLFKZHUHFDUULHG
RXWLQDFFRUGDQFHZLWKRXUWHVWVWDQGDUGV+RZHYHULWVKRXOGEH
ERUQHLQPLQGWKDWWKHDQWLGURSVWUHQJWKUDWLQJRIWKLVSURGXFW
GRHVQRWFRQVWLWXWHDJXDUDQWHHWKDWWKHSURGXFWZLOOQRWEH
GDPDJHGRUH[SHULHQFHWURXEOHZKHQGURSSHGIURPDKHLJKW
'XVWWLJKWZDWHUSURRISHUIRUPDQFH
,3UDWLQJVDWLV¿HG
%HDULQPLQGWKDWQRJXDUDQWHHLVJLYHQIRUWKHSURGXFW¶V
GXVWWLJKWZDWHUSURRISHUIRUPDQFHZKHQWKHSURGXFWKDVEHHQ
VXEMHFWHGWRLPSDFWDVDUHVXOWRINQRFNLQJLWLQWRREMHFWVRU
GURSSLQJLWIRULQVWDQFH
3K\VLFDOGLPHQVLRQV:î'î+ $SSUR[PPîPPîPP^ƎîƎîƎ`
H[FOXGLQJSURWUXVLRQV
:HLJKW
J^OE`
LQFOXGLQJEDWWHU\SDFN
H[FOXGLQJKDQGVWUDS
J^OE`
LQFOXGLQJEDWWHU\SDFNH[FOXGLQJKDQG
VWUDS
(QYLURQPHQW
2SHUDWLQJ
7HPSHUDWXUH
&WR&^)WR)`,(&
+XPLGLW\ WR5+QRFRQGHQVDWLRQ
6WRUDJH
7HPSHUDWXUH
&WR&^)WR)`
+XPLGLW\ WR5+QRFRQGHQVDWLRQ
26 $QGURLG[,FH&UHDP6DQGZLFK
3UHLQVWDOOHGVRIWZDUH $GREHYLHZHU¿OHPDQDJHU'DVKERDUG'HYLFH0DQDJHPHQW
8VHU%XWWRQ0DQDJHU
 9DULHVGHSHQGLQJRQWKHFRXQWULHV
*% E\WHV
*% E\WHV<RXURSHUDWLQJV\VWHPRUVRPHDSSOLFDWLRQZLOOUHSRUWDVIHZHU*%
$SSUR[*%LVXVHGDVV\VWHPDUHD
 'RHVQRWJXDUDQWHHRSHUDWLRQRIDOO%OXHWRRWKSHULSKHUDOV
 2QO\IRUPRGHOZLWKZLUHOHVV:$1
7KLVVORWLVFRPSDWLEOHZLWK+LJK6SHHG0RGH2SHUDWLRQKDVEHHQWHVWHGDQGFRQ¿UPHGXVLQJ
3DQDVRQLFPLFUR6'0HPRU\&DUGVZLWKDFDSDFLW\RIXSWR*%3DQDVRQLFPLFUR6'+&0HPRU\
&DUGVZLWKDFDSDFLW\RIXSWR*%2SHUDWLRQRQRWKHU6'HTXLSPHQWLVQRWJXDUDQWHHG
 'RHVQRWJXDUDQWHHRSHUDWLRQRIDOO86%FRPSDWLEOHSHULSKHUDOV
 2SHUDWLRQFDQEHVZLWFKHGEHWZHHQ+RVWDQG'HYLFHXVLQJDFRQYHUVLRQFDEOH

2QO\IRU1RUWK$PHULFD!
7KH$&DGDSWRULVFRPSDWLEOHZLWKSRZHUVRXUFHVXSWR9$&DGDSWRU7KLVFRPSXWHULVVXSSOLHG
ZLWKD9$&FRPSDWLEOH$&FRUG
0
0HDVXUHGZLWK/&'EULJKWQHVVFGP
9DULHVGHSHQGLQJRQWKHXVDJHFRQGLWLRQVRUZKHQDQRSWLRQDOGHYLFHLVDWWDFKHG
 9DULHVGHSHQGLQJRQWKHXVDJHFRQGLWLRQV&38VSHHGHWF
&UDGOHLVDWKLUGSDUW\SURGXFW
,QRUGHUWRVDWLVI\WKHGXVWWLJKWDQGZDWHUSURRISHUIRUPDQFHRIWKHSURGXFWLQVWDOOWKHLQWHUIDFH
FRYHUDQGDXGLRRXWSXWMDFNFRYHUVHFXUHO\
6SHFL¿FDWLRQV
$SSHQGL[

p 03(*/D\HUDXGLRFRGLQJWHFKQRORJ\OLFHQFHG)UDXQKRIHU,,6DQG7KRPVRQ
p 7KLVSURGXFWLVOLFHQVHGXQGHUWKH03(*9LVXDO3DWHQW3RUWIROLR/LFHQVHIRUWKHSHUVRQDO
XVHRIDFRQVXPHURURWKHUXVHVLQZKLFKLWGRHVQRWUHFHLYHUHPXQHUDWLRQWRLHQFRGHYLGHR
LQFRPSOLDQFHZLWKWKH03(*9LVXDO6WDQGDUG³03(*9LGHR´DQGRULLGHFRGH03(*
9LGHRWKDWZDVHQFRGHGE\DFRQVXPHUHQJDJHGLQDSHUVRQDODFWLYLW\DQGRUZDVREWDLQHGIURP
DYLGHRSURYLGHUOLFHQVHGWRSURYLGH03(*9LGHR1ROLFHQVHLVJUDQWHGRUVKDOOEHLPSOLHG
IRUDQ\RWKHUXVH$GGLWLRQDOLQIRUPDWLRQPD\EHREWDLQHGIURP03(*/$//&6HHKWWSZZZ
PSHJODFRP
p 7KLVSURGXFWLVOLFHQVHGXQGHUWKH$9&3DWHQW3RUWIROLR/LFHQVHIRUWKHSHUVRQDOXVHRID
FRQVXPHURURWKHUXVHVLQZKLFKLWGRHVQRWUHFHLYHUHPXQHUDWLRQWRLHQFRGHYLGHRLQ
FRPSOLDQFHZLWKWKH$9&6WDQGDUG³$9&9LGHR´DQGRULLGHFRGH$9&9LGHRWKDWZDV
HQFRGHGE\DFRQVXPHUHQJDJHGLQDSHUVRQDODFWLYLW\DQGRUZDVREWDLQHGIURPDYLGHR
SURYLGHUOLFHQVHGWRSURYLGH$9&9LGHR1ROLFHQVHLVJUDQWHGRUVKDOOEHLPSOLHGIRUDQ\RWKHU
XVH$GGLWLRQDOLQIRUPDWLRQPD\EHREWDLQHGIURP03(*/$//&6HHKWWSZZZPSHJODFRP
p PLFUR6'+&/RJRLVDWUDGHPDUNRI6'&//&
p %OXHWRRWKLVDUHJLVWHUHGWUDGHPDUNRI%OXHWRRWK6,*,QF
p )HOL&DLVWKHFRQWDFWOHVV,&FDUGWHFKQRORJ\GHYHORSHGE\6RQ\&RUSRUDWLRQ
)HOL&DLVDWUDGHPDUNRI6RQ\&RUSRUDWLRQ
p 1DPHVRISURGXFWVEUDQGVHWFDSSHDULQJLQWKLVPDQXDODUHWUDGHPDUNVRUUHJLVWHUHG
WUDGHPDUNVRIWKHLUUHVSHFWLYHRZQFRPSDQLHV
p 7KLVSURGXFWXVHVVRIWZDUHOLFHQVHGRQWKHEDVLVRI*18*HQHUDO3XEOLF/LFHQVH*3/*18
/HVVHU*HQHUDO3XEOLF/LFHQVH/*3/DQGRWKHUOLFHQVHV$VVXFKWKLVVRIWZDUHLVVXEMHFWWR
WKHWHUPVDQGFRQGLWLRQVFRQFHUQHG)RUWKLVUHDVRQEHIRUHXVLQJWKHSURGXFWSOHDVHUHDGWKH
*3/DQG/*3/OLFHQVHLQIRUPDWLRQLQGLFDWHGRQWKHSURGXFWDQGWKHLQIRUPDWLRQFRQFHUQLQJWKH
RSHQVRXUFHVRIWZDUH
2QWKHKRPHVFUHHQRIWKHSURGXFWWRXFK>$SSV@DQGWKHQFKHFNWKHIROORZLQJLQVHTXHQFH
>6HWWLQJV@¼>$ERXWWDEOHW@¼>/HJDOLQIRUPDWLRQ@
7KHVRXUFHFRGHVDSSURYHGRQWKHEDVLVRIWKH*3/DQG/*3/WHUPVDQGFRQGLWLRQVKDYHEHHQ
UHOHDVHGLQWKHJHQHUDOGRPDLQ,WVKRXOGEHERUQHLQPLQGWKDWWKHVHVRIWZDUHDSSOLFDWLRQVDUH
QRWFRYHUHGE\WKHSURGXFW¶VZDUUDQW\
)RUDSHULRGRIDWOHDVWWKUHH\HDUVDIWHUWKHVDOHRIWKHSURGXFW3DQDVRQLF6\VWHP1HWZRUNV
&RZLOOGLVWULEXWHDWFRVWWRWKRVHLQGLYLGXDOVRUJURXSVZKLFKKDYHFRQWDFWHGLWOLVWVRIWKH
FRPSOHWHPDFKLQHUHDGDEOHVRXUFHFRGHVDQGFRS\ULJKWGLVSOD\VZKLFKVXSSRUWWKH*3//*3/
VRIWZDUHLQDFFRUGDQFHZLWKWKHWHUPVDQGFRQGLWLRQVRIWKH*3//*3/OLFHQVHDJUHHPHQWV
)RULQTXLULHVFRQFHUQLQJWKHDERYHDQGIRUGHWDLOVRQKRZWRREWDLQWKHUHODWHGVRXUFHFRGHV
SOHDVH¿OORXWWKHLQTXLU\IRUPZKLFKFDQEHIRXQGRQWKHFRPSDQ\¶VZHEVLWHJLYHQEHORZ
KWWSSDQDVRQLFEL]LWWDEOHWE
'RQRWH[SRVHWKHVNLQWRWKLVSURGXFWZKHQXVLQJWKHSURGXFWLQDKRWRUFROGHQYLURQPHQW
:KHQXVLQJLQKRWRUFROGHQYLURQPHQWVRPHSHULSKHUDOVPD\IDLOWRZRUNSURSHUO\&KHFNWKH
RSHUDWLRQHQYLURQPHQWRIWKHSHULSKHUDOV
8VLQJWKLVSURGXFWFRQWLQXRXVO\LQDKRWHQYLURQPHQWZLOOVKRUWHQWKHSURGXFWOLIH$YRLGXVHLQ
WKHVHW\SHVRIHQYLURQPHQWV
:KHQXVLQJLQORZWHPSHUDWXUHHQYLURQPHQWVWDUWXSPD\EHFRPHVORZRUEDWWHU\RSHUDWLRQWLPH
PD\EHFRPHVKRUW7KHUHIRUHLI\RXDUHXVLQJEDWWHU\SRZHUDQGWKHUHPDLQLQJSRZHULVORZWKLV
FRPSXWHUPD\QRWVWDUWXS
 $Q26WKDWKDVEHHQLQVWDOOHGDWWKHWLPHRISXUFKDVHFDQEHVXSSRUWHG
 'HSHQGLQJRQWKHPRGHOVRPH*RRJOHDSSOLFDWLRQVPD\EHLQVWDOOHG
$SSHQGL[

2SWLRQV
x %DWWHU\SDFN-7%%78
$SSHQGL[

/,0,7(':$55$17<
)RU86$
3DQDVRQLF6\VWHP&RPPXQLFDWLRQV&RPSDQ\RI1RUWK$PHULFD36&1$
&RPSXWHU3URGXFWV:RUOGZLGH:DUUDQWLHV
6HFWLRQ/LPLWHG:DUUDQW\±+DUGZDUH
36&1$UHIHUUHGKHUHDIWHUDV3DQDVRQLFZLOOUHSDLUWKHSURGXFWVOLVWHGEHORZZLWKQHZRUUHEXLOW
SDUWVIUHHRIFKDUJHLQD*OREDO3DQDVRQLFGHVLJQDWHGVHUYLFHORFDWLRQIRUWKHSHULRGVSHFL¿HG
EHORZIURPWKHGDWHRIRULJLQDOSXUFKDVHLQWKHHYHQWRIDGHIHFWLQPDWHULDOVRUZRUNPDQVKLS7KHVH
ZDUUDQWLHVDUHH[WHQGHGVROHO\WRWKHRULJLQDOSXUFKDVHU$SXUFKDVHUHFHLSWRURWKHUSURRIRIGDWHRI
RULJLQDOSXUFKDVHZLOOEHUHTXLUHGEHIRUHZDUUDQW\SHUIRUPDQFHLVUHQGHUHG
y /DSWRS&RPSXWHUV&)±<HDUV
y 7DEOHW3&)=$)=*-7%±<HDUV
y 8OWUD0RELOH3&&)8&)+6HULHV±<HDUV
y 3'5&/&'.H\ERDUG$VVHPEO\±<HDUV
2ULJLQDO%DWWHU\:DUUDQW\
%DWWHULHVVXSSOLHGZLWKWKHSURGXFWDUHFRYHUHGXQGHUWKHZDUUDQW\IRURQH\HDUIURPGDWHRI
SXUFKDVHH[FHSWDVH[FOXGHGLQ6HFWLRQ%DWWHULHVSXUFKDVHGVHSDUDWHO\DUHFRYHUHGXQGHUWKH
ZDUUDQW\IRURQH\HDUIURPWKHGDWHRISXUFKDVH$UHSODFHPHQWEDWWHU\IXUQLVKHGXQGHUWKHSURGXFW
ZDUUDQW\LVFRYHUHGIRUWKHUHPDLQLQJSHULRGRIWKHRQH\HDUZDUUDQW\RQWKHRULJLQDORUSXUFKDVHG
EDWWHU\
2SWLRQDO%DWWHU\([WHQGHG:DUUDQW\3URJUDP
,IWKLVFRYHUDJHLVSXUFKDVHGWKHVHULDOQXPEHUHGXQLWLVHQWLWOHGWRRQHUHSODFHPHQWEDWWHU\ZLWKLQ
HDFKPRQWKSHULRGSURYLGLQJWKHH[LVWLQJEDWWHU\KROGVOHVVWKDQRIWKHRULJLQDOEDWWHU\OLIH
$UHSODFHPHQWEDWWHU\ZLOOEHVKLSSHGRXWLQDGYDQFHIRUH[FKDQJHRQ/DSWRS3&¶VDQG)=*DQG
-7%PRGHOV
2QWKH)=$VHULHV7DEOHW3&PRGHOVWKHXQLWPXVWEHVHQWLQIRUH[SHGLWHGEDWWHU\UHSODFHPHQWE\
FDOOLQJWKHQXPEHUDWWKHHQGRIWKHODVWSDJHRIWKLVGRFXPHQW7KHFRVWRIODERUEDWWHU\DQGVKLSSLQJ
DUHLQFOXGHGLQWKHSULFHRIWKH%DWWHU\([WHQGHG:DUUDQW\3URJUDP
2SWLRQDO([WHQGHG:DUUDQW\3URJUDP3&
,IWKLVFRYHUDJHLVSXUFKDVHGWKHVHULDOQXPEHUHGXQLWLVHQWLWOHGWRWKHVDPHZDUUDQW\FRYHUDJHRQ
WKHLUXQLWZLWKWKHH[FHSWLRQRIWKHEDWWHU\IRUZKLFKDVHSDUDWHFRYHUDJHSURJUDPLVDYDLODEOH7KH
FRVWRIODERUSDUWVDQGVKLSSLQJDUHLQFOXGHGLQWKHSULFHRIWKH([WHQGHG:DUUDQW\3URJUDP
2SWLRQDO3DQDVRQLF³3URWHFWLRQ3OXV´:DUUDQW\
$Q\XQLWIRUZKLFKWKH3DQDVRQLF³3URWHFWLRQ3OXV´ZDUUDQW\KDVEHHQSXUFKDVHGZLOOUHFHLYHDGGLWLRQDO
FRYHUDJHIRUDQ\IDLOXUHWKDWRFFXUVGXHWRDFFLGHQWDOGDPDJH$OORWKHUWHUPVDQGFRQGLWLRQVRI
WKHVWDQGDUGZDUUDQW\DSSO\DQGWKLVDGGLWLRQDOFRYHUDJHZLOOH[LVWIRUWKHGXUDWLRQRIWKHVWDQGDUG
ZDUUDQW\SHULRGRIWKHXQLW,IDQH[WHQGHG3URWHFWLRQ3OXVZDUUDQW\SURJUDPLVSXUFKDVHGFRYHUDJHLV
H[WHQGHGWRWKHHQGRIWKHODVW\HDURIH[WHQGHGFRYHUDJHSXUFKDVHG
7KLVZDUUDQW\GRHVQRWFRYHUIDLOXUHVRUGHIHFWVWKDWDUHFDXVHGE\¿UHLQWHQWLRQDODFWVORVVWKHIW
LPSURSHUPDLQWHQDQFHPRGL¿FDWLRQRUVHUYLFHE\DQ\RQHRWKHUWKDQWKH3DQDVRQLF1DWLRQDO6HUYLFH
$SSHQGL[

&HQWHURUD3DQDVRQLF$XWKRUL]HG6HUYLFH3URYLGHURUGDPDJHWKDWLVDWWULEXWDEOHWRDFWVRI*RG
&RVPHWLFGDPDJHWKDWGRHVQRWDIIHFWIXQFWLRQDOLW\LVQRWFRYHUHG&RVPHWLFGDPDJHRQXQLWVZLWK
KDUGZDUHIDLOXUHVZLOOEHUHSDLUHGLQDFFRUGDQFHZLWKWKHZDUUDQW\WHUPV7KLVZDUUDQW\LVH[WHQGHG
VROHO\WRWKHRULJLQDOSXUFKDVHURQWKHXQLWVHULDOQXPEHUIRUZKLFKLWZDVSXUFKDVHG&RPSOHWHXQLW
UHSODFHPHQWIXO¿OOVWKHIXOOREOLJDWLRQDQGLVDWWKHGLVFUHWLRQRI3DQDVRQLFDQGLVOLPLWHGWRRQFHGXULQJ
WKHFRYHUDJHWHUP
5HIHUWRWKH3DQDVRQLFZHEVLWHIRUIXOOWHUPVDQGFRQGLWLRQVRQWKHDERYHSURJUDPV
:LUHOHVV0RGXOH:DUUDQW\
3DQDVRQLFDSSURYHGZLUHOHVVPRGHPVLQVWDOOHGLQ3DQDVRQLFEUDQGFRPSXWHUVDQGLQWHJUDWHGE\
3DQDVRQLFRUDQ$XWKRUL]HG3DQDVRQLF:LUHOHVV,QWHJUDWRUDUHFRYHUHGXQGHUWKHZDUUDQW\IRUWKH
UHPDLQLQJZDUUDQW\SHULRGRIWKHGHYLFHLQZKLFKWKHPRGHPLVLQVWDOOHG)RUGHYLFHVZLWKOHVVWKDQ
WKUHHPRQWKVUHPDLQLQJRQWKHXQLWZDUUDQW\WKHZLUHOHVVPRGHPZLOOEHFRYHUHGIRUDSHULRGRI
WKUHHPRQWKVIURPWKHGDWHRILQVWDOODWLRQRIWKHPRGHPFRYHULQJRQO\PRGHPUHSODFHPHQWRU
PRGHPLQVWDOODWLRQUHODWHGLVVXHV
$OOPRGHPVPXVWEHDSSURYHGE\WKHZLUHOHVVFDUULHUSULRUWRXVH$Q\XVHRUDWWHPSWHGXVHRI
DZLUHOHVVPRGHPQRWDSSURYHGDQGDFWLYDWHGE\WKHFDUULHUIRUXVHRQWKHLUQHWZRUNLVVWULFWO\
SURKLELWHGDQGLVQRWVDQFWLRQHGRUZDUUDQWHGE\3DQDVRQLFDQGPD\UHVXOWLQOHJDODFWLRQ,QDGGLWLRQ
DOOPRGHPVPXVWEHDSSURYHGE\3DQDVRQLFDVFRPSDWLEOHZLWKWKHFRPSXWHUKDUGZDUHEHIRUH
LQVWDOODWLRQRUXVH
3DQDVRQLF¶VVROHUHVSRQVLELOLW\IRUWKHZDUUDQW\RUWHFKQLFDOVXSSRUWRIWKHVRIWZDUHUHTXLUHGWRLQVWDOO
RURSHUDWHWKHPRGHPLVGH¿QHGLQ6HFWLRQ/LPLWHG6RIWZDUH:DUUDQW\$Q\DWWHPSWHGVRIWZDUH
LQVWDOODWLRQE\DQ\RQHRWKHUWKDQD3DQDVRQLF$XWKRUL]HG:LUHOHVV,QWHJUDWRULVQRWFRYHUHGXQGHU
ZDUUDQW\DQGPD\UHVXOWLQVHUYLFHFKDUJHVWRUHLPDJHRUUHSODFHWKHKDUGGULYH
,QVWDOODWLRQRUDWWHPSWHGLQVWDOODWLRQE\DQ\SDUW\RWKHUWKDQ3DQDVRQLFRUDQ$XWKRUL]HG3DQDVRQLF
:LUHOHVV,QWHJUDWRULVVWULFWO\QRWFRYHUHGXQGHUWKHZDUUDQW\DQGPD\YRLGWKHFRPSXWHUZDUUDQW\LI
GDPDJHUHVXOWV
2SWLRQVDQG$FFHVVRULHV:DUUDQWLHV
7KHEHORZOLVWHG3DQDVRQLFEUDQGRUVXSSOLHGRSWLRQVDQGDFFHVVRULHVDUHFRYHUHGXQGHUWKLVOLPLWHG
ZDUUDQW\IRUWKHSHULRGVSHFL¿HGIURPWKHGDWHRISXUFKDVHRUDVVSHFL¿FDOO\VWDWHG
y $&$GDSWRU3RZHU&RUG±<HDUV
y 0HPRU\([SDQVLRQ&DUG3DQDVRQLF%UDQG±<HDUV
y &DU0RXQW'RFNLQJ6WDWLRQ3&%RU9HKLFOH'RFNLQJ6WDWLRQ±<HDUV
y 'HVNWRS3RUW5HSOLFDWRU,2%R['RFNLQJ&UDGOHOLNH&)8±<HDUV
y $QWHQQD3DVVWKURXJK&DEOH±<HDUV
y %DFNOLWRU)XOOVL]HGNH\ERDUG±<HDUVRUDVVXPHVZDUUDQW\RIWKHXQLWLQZKLFKLWLVLQVWDOOHG
y ,QWHJUDWHG3DQDVRQLFVXSSOLHGRSWLRQVDQGNLWVLQFOXGLQJEXWQRWOLPLWHGWR:LUHOHVV0RGHPV
0HGLD%D\'ULYHV)ORSS\&''9'&RPER&DPHUD*36%OXHWRRWK6PDUWFDUG5HDGHU
0DJQHWLF&DUG5HDGHU%DUFRGH6FDQQHUDQG)LQJHUSULQW5HDGHUV±<HDUVRUDVVXPHVZDUUDQW\
SHULRGRIWKHXQLWLQZKLFKLWLVLQVWDOOHGSURYLGHGWKHLQWHJUDWLRQZDVSHUIRUPHGE\3DQDVRQLFRUDQ
$XWKRUL]HG,QWHJUDWRU
y +DUG'ULYH6ROLG6WDWH'ULYH,QWHUQDO±<HDUV
y 6HSDUDWHO\SXUFKDVHGQG+DUG'ULYH±<HDU
y ([WHUQDO86%'ULYHV&''9')ORSS\+DUG'ULYH±<HDU
y 2SWLRQDO%DWWHU\±<HDU
y %DWWHU\&KDUJHU0XOWL%D\%DWWHU\&KDUJHU±<HDU
y 6W\OXV3HQV'LJLWL]HU6WDQGDUG±'D\VSK\VLFDOGDPDJHH[FOXGHG
/,0,7(':$55$17<
$SSHQGL[

6HFWLRQ/LPLWHG:DUUDQW\±6RIWZDUH
3DQDVRQLFZDUUDQWVWR\RXRQO\WKDWWKHGLVNVRURWKHUPHGLDRQZKLFKWKH3URJUDPVDUHIXUQLVKHG
ZLOOEHIUHHIURPGHIHFWVLQPDWHULDODQGZRUNPDQVKLSXQGHUQRUPDOXVHIRUDSHULRGRIVL[W\GD\V
IURPWKHGDWHRIGHOLYHU\WKHUHRIWR\RXDVHYLGHQFHGE\\RXUSXUFKDVHUHFHLSW
7KLVLVWKHRQO\ZDUUDQW\3DQDVRQLFPDNHVWR\RX3DQDVRQLFGRHVQRWZDUUDQWWKDWWKHIXQFWLRQV
FRQWDLQHGLQWKH3URJUDPVZLOOPHHW\RXUUHTXLUHPHQWVRUWKDWWKHRSHUDWLRQRIWKH3URJUDPVZLOOEH
XQLQWHUUXSWHGRUHUURUIUHH3DQDVRQLFVKDOOKDYHQRREOLJDWLRQIRUDQ\GHIHFWVLQWKHGLVNVRURWKHU
PHGLDRQZKLFKWKH3URJUDPVDUHIXUQLVKHGUHVXOWLQJIURP\RXUVWRUDJHWKHUHRIRUIRUGHIHFWVWKDW
KDYHEHHQFDXVHGE\RSHUDWLRQRIWKHGLVNVRURWKHUPHGLD
3DQDVRQLF¶VHQWLUHOLDELOLW\DQG\RXUH[FOXVLYHUHPHG\XQGHUWKLVZDUUDQW\VKDOOEHOLPLWHGWRWKH
UHSODFHPHQWLQWKH8QLWHG6WDWHVRURWKHU3DQDVRQLFGHVLJQDWHGORFDWLRQRIDQ\GHIHFWLYHGLVNRU
RWKHUPHGLDZKLFKLVUHWXUQHGWR3DQDVRQLFV$XWKRUL]HG6HUYLFH&HQWHUWRJHWKHUZLWKDFRS\RIWKH
SXUFKDVHUHFHLSWZLWKLQWKHDIRUHVDLGZDUUDQW\SHULRG
6HFWLRQ/LPLWHG:DUUDQW\([FOXVLRQV±6SHFL¿FDOO\H[FOXGHGIURP
WKHZDUUDQW\DUH
y $OOFRQVXPDEOHLWHPVVXFKDVVFUHHQSURWHFWLRQ¿OPVORJREDGJHVODEHOVFOHDQLQJFORWKVFDUU\
FDVHVPDQXDOVFDEOHVVWUDSVEHOWVKROVWHUVWHWKHUVDQGKDUQHVVHVDQGDQ\RWKHURSWLRQVDQG
DFFHVVRULHVQRWOLVWHGDERYHRUFRYHUHGXQGHUDVHSDUDWHZDUUDQW\
y )DLOXUHVUHODWHGWRWKHSURGXFWRSHUDWLQJV\VWHPKDUGGULYHRUVROLGVWDWHGULYHLPDJHVRIWZDUH
VHWXSVRIWZDUHSURJUDPYLUXVRWKHUSURJUDPVRU¿OHVRQDQ\GULYHRULQDQ\FRPSXWHUPHPRU\
ORFDWLRQ
y )DLOXUHVGXHWR%,26VHWWLQJVRUFKDQJHVDVZHOODVDQ\FRVPHWLFRUSK\VLFDOGDPDJHWRWKHXQLW
y $Q\XQLWRUGHYLFHZLWKDPLVVLQJRUDOWHUHGPRGHOQXPEHURUVHULDOQXPEHUODEHO
y &RVPHWLFGDPDJHRUDQ\GDPDJHZKLFKRFFXUVLQVKLSPHQW
y )DLOXUHVZKLFKDUHFDXVHGE\SURGXFWVQRWVXSSOLHGE\3DQDVRQLF
y )DLOXUHVZKLFKUHVXOWIURPDOWHUDWLRQDFFLGHQWPLVXVHLQWURGXFWLRQRIOLTXLGRURWKHUIRUHLJQ
PDWWHULQWRWKHXQLWDEXVHQHJOHFWLQVWDOODWLRQPDODGMXVWPHQWRIFRQVXPHUFRQWUROVLPSURSHU
PDLQWHQDQFHRUPRGL¿FDWLRQXVHQRWLQDFFRUGDQFHZLWKSURGXFWXVHLQVWUXFWLRQV
y )DLOXUHVGXHWRVHUYLFHE\DQ\RQHRWKHUWKDQD3DQDVRQLF$XWKRUL]HG6HUYLFH3URYLGHU
y )DLOXUHVFDXVHGE\LPSURSHULQVWDOODWLRQRIRSWLRQVRUDFFHVVRULHVRUGXHWRLQWHJUDWLRQE\DQ\
FRPSDQ\RWKHUWKDQ3DQDVRQLFRUD3DQDVRQLF$XWKRUL]HG,QWHJUDWRU
y 'DPDJHIDLOXUHRUORVVGXHWRWKHXQLWEHLQJVWROHQORVWPLVSODFHGRUXVHGE\DQ\RQHRWKHUWKDQ
WKHRULJLQDOSXUFKDVHU
y 'DPDJHWKDWLVDWWULEXWDEOHWRDFWVRI*RG
$SSHQGL[

/,0,7(':$55$17<
7KLVOLPLWHGZDUUDQW\RQO\FRYHUVIDLOXUHVGXHWRGHIHFWVLQPDWHULDOVRUZRUNPDQVKLSZKLFKRFFXU
GXULQJQRUPDOXVH,IDXQLWLVVHQWWRD3DQDVRQLF$XWKRUL]HG6HUYLFH&HQWHUDQGQRKDUGZDUHIDLOXUH
LVIRXQGWKHFXVWRPHUZLOOEHELOOHGIRUODERUWRFRUUHFWDVRIWZDUHLVVXHRUUHLPDJHWKHKDUGGULYHSOXV
VKLSSLQJDQGDSSOLFDEOHDGPLQLVWUDWLYHIHHVDWWKHFXUUHQWUDWHVVHWE\WKHVHUYLFHSURYLGHU
7+,6352'8&7,6127,17(1'(')2586($6253$572)18&/($5(48,30(17
6<67(06$,575$)),&&21752/(48,30(176<67(0625$,5&5$)7&2&.3,7
(48,30(176<67(063$1$621,&:,//127%(5(63216,%/()25$1</,$%,/,7<
5(68/7,1*)5207+(86(2)7+,6352'8&7$5,6,1*2872)7+()25(*2,1*86(6
$,5&5$&7&2&.3,7(48,30(176<67(06LQFOXGHFODVV(OHFWURQLF)OLJKW%DJ()%
6\VWHPVDQG&ODVV()%6\VWHPVZKHQXVHGGXULQJFULWLFDOSKDVHVRIÀLJKWHJGXULQJWDNH
RIIDQGODQGLQJDQGRUPRXQWHGRQWRWKHDLUFUDIW&ODVV()%6\VWHPVDQG()%6\VWHPVDUH
GH¿QHGE\)$$$&$GYLVRU\&LUFXODU$RU-$$-$$7*/7HPSRUDU\*XLGDQFH/HDÀHWV
1R
2WKHU/LPLWVDQG([FOXVLRQV7KHUHDUHQRRWKHUH[SUHVVZDUUDQWLHVH[FHSWDVOLVWHGDERYH
3$1$621,&6+$//127%(/,$%/()25/2662)'$7$2527+(5,1&,'(17$/25
&216(48(17,$/'$0$*(65(68/7,1*)5207+(86(2)7+,6352'8&725$5,6,1*
2872)$1<%5($&+2)7+,6:$55$17<$//(;35(66$1',03/,(':$55$17,(6
,1&/8',1*7+(:$55$17,(62)0(5&+$17$%,/,7<$1'),71(66)25$3$57,&8/$5
385326($5(/,0,7('727+($33/,&$%/(:$55$17<3(5,2'6(7)257+$%29(6RPH
VWDWHVGRQRWDOORZWKHH[FOXVLRQRUOLPLWDWLRQRILQFLGHQWDORUFRQVHTXHQWLDOGDPDJHVRUOLPLWDWLRQVRQ
KRZORQJDQLPSOLHGZDUUDQW\ODVWVVRWKHDERYHOLPLWDWLRQVRUH[FOXVLRQVPD\QRWDSSO\WR\RX
7KLVOLPLWHGZDUUDQW\JLYHV\RXVSHFL¿FOHJDOULJKWVDQG\RXPD\DOVRKDYHRWKHUULJKWVZKLFKYDU\
IURPVWDWHWRVWDWH)RUWHFKQLFDOVXSSRUWRUWRDUUDQJHIRUVHUYLFHRQ\RXU3DQDVRQLFFRPSXWHU
SURGXFWFDOORXUWROOIUHHKRWOLQHDW36&7(&+>RSWLRQ@
$SSHQGL[

)RU&DQDGD
3$1$621,&&20387(5$1'3(5,3+(5$/6/,0,7(':$55$17<
&RYHUDJH±3DQDVRQLF&DQDGD,QF³3&,´ZDUUDQWVWR\RXWKH¿UVWHQGXVHUFXVWRPHUWKLVFRPSXWHU
SURGXFWH[FOXGLQJVRIWZDUHPHGLDZKHQSXUFKDVHGIURP3&,RUIURPD3&,DXWKRUL]HGUHVHOOHUWREH
IUHHIURPGHIHFWVLQPDWHULDOVDQGZRUNPDQVKLSXQGHUQRUPDOXVHVXEMHFWWRWKHWHUPVVHWIRUWKEHORZ
GXULQJWKHSHULRGRIZDUUDQW\FRYHUDJHVSHFL¿HG
6FRSHRI&RYHUDJH 3HULRGRI&RYHUDJH 7\SHRI)DLOXUH
&RYHUDJH
y /DSWRS&RPSXWHUVH[FHSW%DWWHU\DQG$&
$GDSWRU
y )DFWRU\3&,LQVWDOOHGRSWLRQVLQFOXGLQJ
:LUHOHVV:$1*36%OXHWRRWK)LQJHU
SULQWUHDGHU%DFNOLWNH\ERDUG0HPRU\
&DUGDQG0HGLD%D\'ULYHV)ORSS\&'
'9'
y 8OWUD0RELOH3&
y 7DEOHW3&
y 0RELOH:LUHOHVV'LVSOD\
y 3'5&±/&'DQG.H\ERDUG$VVHPEOLHV
y 3RUW5HSOLFDWRU
7KUHH<HDUVIURP
'DWHRI2ULJLQDO(QG8VHU
&XVWRPHU3XUFKDVH
'HIHFWLYH0DWHULDOVRU
:RUNPDQVKLS
y %DWWHU\
y %DWWHU\FKDUJHU
y $XWR$GDSWRU
y ([WHUQDO86%'ULYHV
2QH<HDUIURP'DWH
RI2ULJLQDO(QG8VHU
&XVWRPHU3XUFKDVH
'HIHFWLYH0DWHULDOVRU
:RUNPDQVKLS
y 6WDQGDUGRU'LJLWL]HU6W\OXV3HQ 1LQHW\'D\VIURP
'DWHRI2ULJLQDO(QG8VHU
&XVWRPHU3XUFKDVH
'HIHFWLYH0DWHULDOVRU
:RUNPDQVKLS
y $OOFRQVXPDEOHLWHPVLQFOXGLQJSURWHFWLRQ
¿OPFOHDQLQJFORWKFDUU\FDVHWHWKHUDQG
KDUQHVV
1R&RYHUDJH
5HPHG\±,QWKHHYHQWRIDZDUUDQW\FODLPFRQWDFW3&,¶VUHSUHVHQWDWLYHVZLWKLQWKHDSSOLFDEOH
ZDUUDQW\SHULRGLGHQWLI\LQJWKHQDWXUHRIWKHGHIHFWFODLPHGDWEHWZHHQ$0
DQG30(DVWHUQ7LPH=RQH0RQ±)ULH[FOXGLQJKROLGD\VIRULQVWUXFWLRQVRQKRZWRREWDLQ
VHUYLFH$SXUFKDVHUHFHLSWRURWKHUSURRIRIGDWHRIRULJLQDOSXUFKDVHLVUHTXLUHGEHIRUHZDUUDQW\
VHUYLFHLVSHUIRUPHG'HIHFWLYHSDUWVFRYHUHGE\WKLV/LPLWHG:DUUDQW\ZLOOEHUHSDLUHGRUUHSODFHGZLWK
QHZRUFRPSDUDEOHUHEXLOWSDUWVRQDQH[FKDQJHEDVLV:DUUDQW\UHSODFHPHQWRUUHSDLULVVXEMHFWWR
WKHWHUPVRIWKLV/LPLWHG:DUUDQW\IRUWKHEDODQFHRIWKHRULJLQDOSHULRGRIZDUUDQW\FRYHUDJH
1R&RYHUDJH±7KLV/LPLWHG:DUUDQW\GRHVQRWFRYHUSURGXFWVSXUFKDVHGRXWVLGH&DQDGD1HLWKHU
GRHVLWFRYHUGDPDJHWRIDLOXUHRIRUGHIHFWVLQDSURGXFWRUDFFHVVRU\WKURXJKPLVKDQGOLQJLPSURSHU
LQVWDOODWLRQDEQRUPDOXVHPLVXVHQHJOHFWDFFLGHQWLQWURGXFWLRQRIOLTXLGRURWKHUIRUHLJQPDWWHULQWR
WKHSURGXFWDOWHUDWLRQRUVHUYLFLQJE\DQ\RQHQRWDXWKRUL]HGE\3&,RUDFWRI*RG
7+,6352'8&7,6127,17(1'(')2586($625$63$572)18&/($5(48,30(17
6<67(06$,575$)),&&21752/(48,30(176<67(0625$,5&5$)7&2&.3,7
(48,30(176<67(063$1$621,&:,//127%(5(63216,%/()25$1</,$%,/,7<
5(68/7,1*)5207+(86(2)7+,6352'8&7$5,6,1*2872)7+()25(*2,1*86(6
$SSHQGL[

/,0,7(':$55$17<
 $,5&5$)7&2&.3,7(48,30(176<67(06LQFOXGH&ODVV(OHFWULFDO)OLJKW%DJ()%6\VWHPV
DQG&ODVV()%6\VWHPVZKHQXVHGGXULQJFULWLFDOSKDVHVRIÀLJKWHJGXULQJWDNHRIIDQG
ODQGLQJDQGRUPRXQWHGRQWRWKHDLUFUDIW&ODVV()%6\VWHPVDQG()%6\VWHPVDUHGH¿QHG
E\)$$$&$GYLVRU\&LUFXODU$RU-$$-$$7*/7HPSRUDU\*XLGDQFH/HDÀHWV1R
,)<286+,37+(352'8&7)25:$55$17<6(59,&(
&DUHIXOO\SDFNWKHSURGXFWSUHIHUDEO\LQWKHRULJLQDOFDUWRQ,QFOXGHGHWDLOVRIGHIHFWFODLPHGDQG
SURRIRIGDWHRIRULJLQDOSXUFKDVH1ROLDELOLW\LVDVVXPHGIRUORVVRUGDPDJHWRWKHSURGXFWZKLOHLQ
WUDQVLWLI\RXFKRVH\RXURZQWUDQVSRUWDWLRQFDUULHU
62)7:$5(0(',$/,0,7(':$55$17<
&RYHUDJH±3&,ZDUUDQWVWR\RXWKH¿UVWHQGXVHUFXVWRPHUWKDWWKHGLVNVRURWKHUPHGLDRQ
ZKLFKVRIWZDUHSURJUDPVLVDUHVXSSOLHGZLOOEHIUHHIURPGHIHFWVLQPDWHULDOVDQGZRUNPDQVKLS
XQGHUQRUPDOXVHLQ&DQDGDIRUDSHULRGRIVL[W\GD\VIURPGDWHRIUHFHLSWDVHYLGHQFHGE\\RXU
SXUFKDVHUHFHLSWIRU\RXU3DQDVRQLF&RPSXWHUSURGXFW
7+,6,67+(21/<:$55$17<7+$73&,0$.(65(63(&7,1*7+(62)7:$5(0(',$3&,
GRHVQRWZDUUDQWWKHVRIWZDUH3OHDVHUHIHUWRWKHVRIWZDUHOLFHQVRU¶VZULWWHQZDUUDQW\DFFRPSDQ\LQJ
WKHFRS\RIWKHVRIWZDUHIRUDQ\VRIWZDUHZDUUDQW\FODLP
&ODLP3URFHGXUH±,QWKHHYHQWRIDGHIHFWLQPDWHULDORUZRUNPDQVKLSLQWKHPHGLDGXULQJWKHVL[W\
GD\ZDUUDQW\SHULRGDQG\RXUHWXUQLWWUDQVSRUWDWLRQFRVWVSUHSDLGWR3DQDVRQLF&DQDGD,QF
&RPSXWHU3URGXFWV0DUNHWLQJ$PEOHU'ULYH0LVVLVVDXJD2QWDULR/:7ZLWKLQWKHZDUUDQW\
SHULRGWRJHWKHUZLWKDFRS\RI\RXUSXUFKDVHUHFHLSWDQGDQH[SODQDWLRQRIWKHVXVSHFWHGGHIHFW3&,
ZLOOUHSODFHLQ&DQDGDWKHGHIHFWLYHGLVNVRURWKHUPHGLD
5HPHG\±3&,¶VHQWLUHOLDELOLW\DQG\RXURQO\UHPHG\IRUDQ\EUHDFKRIWKLVVRIWZDUHPHGLDZDUUDQW\
LVOLPLWHGWRUHSODFHPHQWRIWKHPHGLDRQO\,WGRHVQRWFRYHUDQ\RWKHUGDPDJHVLQFOXGLQJEXWQRW
OLPLWHGWRORVVRIXVHRUSUR¿WORVVRUVSHFLDOLQGLUHFWRUFRQVHTXHQWLDOGDPDJHVRURWKHUFODLPV
ZKHWKHURUQRWRIVLPLODUFKDUDFWHU
1R&RYHUDJH±
7KLVOLPLWHGZDUUDQW\GRHVQRWDSSO\LIWKHGLVNVRURWKHUPHGLDKDVEHHQXVHGLQ
RWKHUWKDQD3DQDVRQLFSURGXFWRULQHQYLURQPHQWDOFRQGLWLRQVRWKHUWKDQWKRVHVSHFL¿HGE\3&,RUWKH
PDQXIDFWXUHURULIVXEMHFWHGWRPLVXVHQHJOHFWPLVKDQGOLQJPRGL¿FDWLRQRUDWWHPSWHGPRGL¿FDWLRQRI
WKHSURJUDPRULIGDPDJHGE\DFFLGHQWRUDFWRI*RG3&,LVQRWUHVSRQVLEOHIRUGDPDJHWRRUORVVRIDQ\
SURJUDPGDWDRUUHPRYDEOHVWRUDJHPHGLD
*(1(5$/
1227+(5:$55$17,(6±3&,',6&/$,06$//27+(5:$55$17,(6(,7+(5(;35(6625
,03/,(',1&/8',1*%87127/,0,7('72,03/,(':$55$17,(62)0(5&+$17$%,/,7<
$1'),71(66)25$3$57,&8/$5385326(:,7+5(63(&7727+(62)7:$5(
62)7:$5(0(',$&20387(5352'8&7237,216$1'$&&(6625,(6
12/,$%,/,7<)25&216(48(17,$/'$0$*(6±,112(9(176+$//3&,%(/,$%/()25
$1<63(&,$/,1',5(&725&216(48(17,$/'$0$*(6$5,6,1*)520$1<%5($&+
2)7+(/,0,7(':$55$17,(66(7287,17+,6'2&80(1725)5207+(86(2)7+(
&20387(5352'8&7,1&/8',1*:,7+287/,0,7$7,21/2662)'$7$%86,1(66352),7
25*22':,//
,1$1<(9(173&,¶60$;,080/,$%,/,7<)25$1<%5($&+6+$//127(;&(('7+(
$02817$&78$//<3$,'%<<28)257+(&20387(5352'8&7
12$&7,215(*$5'/(662),76%$6,60$<%(%(*81$*$,1673&,025(7+$17:2
<($56$)7(57+(&$86(2)$&7,21$526(
6WDWXWRU\:DUUDQWLHV±6RPHMXULVGLFWLRQVGRQRWDOORZWKHVHOLPLWDWLRQVRUH[FOXVLRQVVRWKH\PD\
QRWDSSO\WR\RX
$SSHQGL[

3RXUOH&DQDGD
*$5$17,(/,0,7e(±25',1$7(856(73e5,3+e5,48(63$1$621,&
&RXYHUWXUH±3DQDVRQLF&DQDGD,QF©3&,ªJDUDQWLWjO¶DFKHWHXURULJLQDOTXHFHSURGXLW
LQIRUPDWLTXHjO¶H[FOXVLRQGHVVXSSRUWVGHVORJLFLHOVHVWDXPRPHQWGHVDYHQWHSDU3&,RXG¶XQ
UHYHQGHXUDJUppSDU3&,H[HPSWGHGpIDXWVGHSLqFHVHWGHIDEULFDWLRQGDQVOHVFRQGLWLRQVQRUPDOHV
G¶XWLOLVDWLRQHWFHSHQGDQWODSpULRGHGHFRXYHUWXUHGHODJDUDQWLHVRXVUpVHUYHGHVPRGDOLWpV
GpFULWHVFLGHVVRXV
eOpPHQWVFRXYHUWV 'XUpHGHFRXYHUWXUH 7\SHGHFRXYHUWXUH
y 2UGLQDWHXUVEORFVQRWHVVDXIEDWWHULHVHW
DGDSWDWHXUVHFWHXU
y 2SWLRQVLQVWDOOpHVHQXVLQHSDU3&,
LQFOXDQW:$1VDQV¿O*36%OXHWRRWK
OHFWHXUG¶HPSUHLQWHVGLJLWDOHVFODYLHU
UpWURpFODLUpFDUWHPpPRLUHHWOHFWHXUV
GLVTXHWWHV&''9'
y 2UGLQDWHXUVSHUVRQQHOVXOWUDSRUWDEOHV
y 2UGLQDWHXUVWDEOHWWHV
y eFUDQPRELOHVDQV¿O
y (QVHPEOHV3'5&±$&/HWFODYLHU
y 'XSOLFDWHXUGHSRUW
7URLVDQVjSDUWLUGHOD
GDWHG¶DFKDWRULJLQDO
'pIDXWVGHSLqFHVHWGH
IDEULFDWLRQ
y %DWWHULH
y &KDUJHXUGHEDWWHULH
y $GDSWDWHXUSRXUYRLWXUH
y 3pULSKpULTXHV86%
8QDQjSDUWLUGHOD
GDWHG¶DFKDWRULJLQDO
'pIDXWVGHSLqFHVHWGH
IDEULFDWLRQ
y 6W\ORSRLQWHXUVWDQGDUGRXSRXU
QXPpULVHXUJUDSKLTXH
4XDWUHYLQJWGL[MRXUV
jSDUWLUGHODGDWHG¶DFKDW
RULJLQDO
'pIDXWVGHSLqFHVHWGH
IDEULFDWLRQ
y 7RXVOHVDUWLFOHVFRQVRPPDEOHVLQFOXDQW
OHVSHOOLFXOHVSURWHFWULFHVFKLIIRQVGH
QHWWR\DJHpWXLVGHWUDQVSRUWORQJHVHW
VDQJOHV
$XFXQHFRXYHUWXUH
$SSHQGL[

/,0,7(':$55$17<
5HFRXUV±3RXUREWHQLUGHVLQIRUPDWLRQVVXUODPDUFKHjVXLYUHGDQVOHFDVRXQHUpFODPDWLRQHQ
YHUWXGHODJDUDQWLHGHYLHQGUDLWQpFHVVDLUHFRPPXQLTXH]SDUWpOpSKRQHDYHFXQUHSUpVHQWDQWGH3&,
DXHQWUHKHWKKHXUHGHO¶(VWGXOXQGLDXYHQGUHGLVDXIOHVMRXUVIpULpV
DYDQWO¶pFKpDQFHGHODJDUDQWLHDSSOLFDEOHHQSUHQDQWVRLQG¶LGHQWL¿HUODQDWXUHGHODGpIDLOODQFH8Q
UHoXRXWRXWHDXWUHSLqFHMXVWL¿FDWLYHGHODGDWHG¶DFKDWRULJLQDOVHUDH[LJpDYDQWWRXWHUpSDUDWLRQ
7RXWHSLqFHGpIHFWXHXVHFRXYHUWHSDUODSUpVHQWHJDUDQWLHOLPLWpHVHUDUpSDUpHRXUHPSODFpHSDU
XQHSLqFHQHXYHRXUHPLVHjQHXI/HUHPSODFHPHQWRXODUpSDUDWLRQVHUDIDLWFRQIRUPpPHQWDX[
PRGDOLWpVGHODSUpVHQWHJDUDQWLHOLPLWpHSHQGDQWODGXUpHUHVWDQWHGHODSpULRGHRULJLQDOHGHOD
JDUDQWLH
3URGXLWVQRQFRXYHUWV±/DSUpVHQWHJDUDQWLHOLPLWpHQHFRXYUHSDVOHVSURGXLWVDFKHWpVjO¶H[WpULHXU
GX&DQDGD(OOHQHFRXYUHSDVQRQSOXVOHVGRPPDJHVODGpIDLOODQFHRXOHVGpIDXWVDWWULEXDEOHVj
XQHPDQXWHQWLRQLQDGpTXDWHXQHPDXYDLVHLQVWDOODWLRQXQHXWLOLVDWLRQDQRUPDOHRXDEXVLYHGHOD
QpJOLJHQFHXQDFFLGHQWXQGpYHUVHPHQWRXODSpQpWUDWLRQG¶XQREMHWpWUDQJHUXQHPRGL¿FDWLRQXQ
FDVIRUWXLWRXXQHUpSDUDWLRQHIIHFWXpHSDUXQHSHUVRQQHQRQDJUppHSDU3&,
&(352'8,71¶(673$6'(67,1e¬Ç75(87,/,6e(1728728(13$57,(&200(
6<67Ê0(e48,3(0(1718&/e$,5(6<67Ê0(e48,3(0(17'(&2175Ð/('875$)),&
$e5,(1286<67Ê0(e48,3(0(17'(3267('(3,/27$*('¶$9,21
3$1$621,&'e&/,1(7287(5(63216$%,/,7e&21&(51$17/¶87,/,6$7,21'(&(
352'8,7'$16/(6&$66860(17,211e6
 /HV6<67Ê0(6e48,3(0(176'(3267('(3,/27$*('¶$9,21VRQWGRWpVGHV\VWqPHV
2(33RUJDQLVHXUpOHFWURQLTXHGHSRVWHGHSLORWDJHGHFODVVHHWGHFODVVHXWLOLVpVSHQGDQW
GHVSKDVHVFULWLTXHVGHYROSDUH[HPSOHSHQGDQWOHGpFROODJHHWO¶DWWHUULVVDJHHWRXPRQWpVVXU
O¶DYLRQ/HVV\VWqPHV2(33GHFODVVHHWGHFODVVHVRQWGp¿QLVSDUOHFLUFXODLUHG¶LQIRUPDWLRQ
)$$$&$GYLVRU\&LUFXODU$RXOHIHXLOHWQ-$$-$$7*/7HPSRUDU\*XLGDQFH
/HDÀHWV1R
(;3e',7,21'8352'8,732856(59,&(6286*$5$17,(
(PEDOOH]VRLJQHXVHPHQWOHSURGXLWGHSUpIpUHQFHGDQVVRQHPEDOODJHG¶RULJLQH-RLJQH]XQH
GHVFULSWLRQGHODGpIDLOODQFHGHPrPHTX¶XQHSLqFHMXVWL¿FDWLYHGHODGDWHG¶DFKDW3DQDVRQLF
&DQDGD,QFQHSHXWrWUHWHQXHUHVSRQVDEOHSRXUWRXWGRPPDJHRXSHUWHVXELSHQGDQWOHWUDQVSRUW
VLYRXVDYH]FKRLVLOHWUDQVSRUWHXU
*$5$17,(/,0,7e(±68332576'(6/2*,&,(/6
&RXYHUWXUH±3DQDVRQLF&DQDGD,QF©3&,ªJDUDQWLWjO¶DFKHWHXURULJLQDOTXHODRXOHVGLVTXHWWHV
RXWRXWDXWUHVXSSRUWVXUOHTXHOOHRXOHVSURJUDPPHVVRQWIRXUQLVVRQWH[HPSWVGHGpIDXWVGHSLqFHV
HWGHIDEULFDWLRQGDQVGHVFRQGLWLRQVQRUPDOHVG¶XWLOLVDWLRQDX&DQDGDHWFHSRXUXQHSpULRGHGH
VRL[DQWHMRXUVVXLYDQWODGDWHGHUpFHSWLRQLQGLTXpHVXUODSUHXYHG¶DFKDW
/$35e6(17(*$5$17,((67/$6(8/(2))(57(3$53&,&2895$17/(668332576'(
/2*,&,(/63&,QHJDUDQWLWSDVOHVORJLFLHOV5HSRUWH]YRXVjODJDUDQWLHpFULWHGXFRQFpGDQWGH
OLFHQFHG¶XWLOLVDWLRQGXORJLFLHOTXLDFFRPSDJQHODFRSLHGXORJLFLHOSRXUWRXWHUpFODPDWLRQHQYHUWXGH
ODJDUDQWLH
$SSHQGL[

5pFODPDWLRQ±PDUFKHjVXLYUH±3DQDVRQLF&DQDGD,QFUHPSODFHUDWRXWHGLVTXHWWHRXVXSSRUW
GpIHFWXHX[VLO¶DUWLFOHHQTXHVWLRQHVWUHWRXUQpSRUWSD\pjVRQVHUYLFHGH0DUNHWLQJ±SURGXLWV
LQIRUPDWLTXHV$PEOHU'ULYH0LVVLVVDXJD2QWDULR/:7GDQVOHVVRL[DQWHMRXUV
VXLYDQWODGDWHG¶DFKDWRULJLQDO-RLJQH]jYRWUHHQYRLXQHSLqFHMXVWL¿FDWLYHGHYRWUHDFKDWHWXQH
GHVFULSWLRQGXSUREOqPH
5HFRXUV±/DUHVSRQVDELOLWpGH3&,HWYRWUHVHXOUHFRXUVGDQVOHFDVGHWRXWHGpIDLOODQFHFRXYHUWH
SDUODJDUDQWLHVXUFHVXSSRUWGHORJLFLHOHVWOLPLWpHDXVHXOUHPSODFHPHQWGXVXSSRUW(OOHQHFRXYUH
DXFXQDXWUHGRPPDJH\FRPSULVPDLVQRQH[FOXVLYHPHQWODSHUWHG¶XVDJHRXGHSUR¿WVQLDXFXQ
GRPPDJHVSpFLDOLQGLUHFWRXFRQVpFXWLIQLDXFXQHDXWUHUpFODPDWLRQGHQDWXUHVLPLODLUHRXDXWUH
3URGXLWVQRQFRXYHUWV±/DSUpVHQWHJDUDQWLHOLPLWpHQHV¶DSSOLTXHSDVVLODRXOHVGLVTXHWWHV
RXDXWUHVXSSRUWRQWpWpXWLOLVpVGDQVXQSURGXLWG¶XQHPDUTXHDXWUHTXH3DQDVRQLFRXGDQVGHV
FRQGLWLRQVHQYLURQQHPHQWDOHVDXWUHVTXHFHOOHVVSpFL¿pHVSDU3&,RXOHIDEULFDQWRXVRXPLVjXQH
PDXYDLVHXWLOLVDWLRQjODQpJOLJHQFHjXQHPDQXWHQWLRQLQDGpTXDWHRXHQFRUHVLOHSURJUDPPHDpWp
PRGL¿pRXVXELXQHWHQWDWLYHGHPRGL¿FDWLRQRXGHVGRPPDJHVDWWULEXDEOHVjXQDFFLGHQWRXjXQ
FDVIRUWXLW'HSOXV3&,Q¶DVVXPHDXFXQHUHVSRQVDELOLWpSRXUWRXWHSHUWHGHRXWRXWGRPPDJHjXQ
SURJUDPPHGHVGRQQpHVRXXQVXSSRUWGHVDXYHJDUGHDPRYLEOH
*e1e5$/,7e6
3&,1(5(&211$Ì7$8&81($875(*$5$17,((;3/,&,7(28,03/,&,7(<&2035,60$,6
121(;&/86,9(0(17/(6*$5$17,(6,03/,&,7(6'(9$/(85&200(5&,$/((7'¶87,/,7e
¬81(),148(/&2148(¬/¶e*$5''8/2*,&,(/68332576'(/2*,&,(/6352'8,76
,1)250$7,48(63e5,3+e5,48(6(7$&&(662,5(6
6286$8&81(&,5&2167$1&(3&,1(32855$Ç75(7(18(5(63216$%/('(6
'200$*(663e&,$8;,1',5(&7628&216e&87,)6$775,%8$%/(6¬810$148(0(17
$8;*$5$17,(6/,0,7e(6'e&5,7(6'$16/(35e6(17'2&80(1728¬/¶87,/,6$7,21
'8352'8,7,1)250$7,48(<&2035,66$165(675,&7,21/$3(57('('211e(6
'¶$))$,5(6'¶$&+$/$1'$*(28'(352),7
'$167286/(6&$6/$5(63216$%,/,7e0$;,0$/('(3&,328572870$148(0(171(
32855$(;&e'(5/(35,;'(9(17('8352'8,7,1)250$7,48(
$8&81(5e&/$0$7,216$16e*$5'¬6(6027,)61(32855$Ç75()$,7($835Ê6
'(3&,3/86'('(8;$16$35Ê6/(6)$,76,19248e6¬/$%$6('¶81(7(//(
5e&/$0$7,21
*DUDQWLHVWDWXWDLUHV±&HUWDLQHVMXULGLFWLRQVLQWHUGLVHQWGHWHOOHVOLPLWDWLRQVRXH[FOXVLRQVDXVVL
SRXUUDLHQWHOOHVQHSDVV¶DSSOLTXHU
$SSHQGL[

/,0,7(':$55$17<
)RU(XURSH
3DQDVRQLF6\VWHP&RPPXQLFDWLRQV&RPSDQ\(XURSH
3DQDVRQLF6\VWHP&RPPXQLFDWLRQV&RPSDQ\(XURSHUHIHUUHGWRDV³3DQDVRQLF´ZLOOUHSDLU
WKLVSURGXFWRWKHUWKDQVRIWZDUHZKLFKLVWUHDWHGLQDGLIIHUHQWVHFWLRQRIWKLVZDUUDQW\ZLWKQHZ
RUUHIXUELVKHGSDUWVIURPWKHGDWHRIRULJLQDOSXUFKDVHLQWKHHYHQWRIDGHIHFWLQPDWHULDOVRU
ZRUNPDQVKLS7KLVZDUUDQW\RQO\DSSOLHVWRQHZ3DQDVRQLF7RXJKERRNVSXUFKVHGLQWKH(($DQG
6ZLW]HUODQGDQG7XUNH\
3DQDVRQLFRULWVDXWKRULVHG6HUYLFH3URYLGHUWDUJHWWRUHSDLU\RXUHTXLSPHQWZLWKLQKRXUVIURPLWV
UHFHLSWLQRXUVHUYLFHFHQWUH
$GGLWLRQDOFKDUJHVPD\DSSO\IRUVKLSPHQWWRFRXQWULHVRXWVLGHRIWKH(XURSHDQ8QLRQ3DQDVRQLFZLOO
XVHDOOUHDVRQDEOHHQGHDYRXUVWRHQVXUHWKLVVHUYLFH
7KLVZDUUDQW\RQO\FRYHUVIDLOXUHVGXHWRGHIHFWVLQPDWHULDOVRUZRUNPDQVKLSZKLFKRFFXUGXULQJ
QRUPDOXVHIRUWKHDSSOLFDEOH6HUYLFH$JUHHPHQW3HULRGOLVWHGEHORZ,QWKHHYHQWWKDWDQ\SURGXFWRU
SDUWWKHUHRILVUHSODFHG3DQDVRQLFVKDOOWUDQVIHURZQHUVKLSRIWKHUHSODFHPHQWSURGXFWRUSDUWWR
WKHFXVWRPHUDQGWKHFXVWRPHUVKDOOWUDQVIHURZQHUVKLSRIWKHUHSODFHGSURGXFWRUSDUWWR3DQDVRQLF
6HUYLFH$JUHHPHQW3HULRG±IURPRULJLQDOGDWHRISXUFKDVH
y 7RXJKERRNVDQGHYHU\DFFHVVRU\LQFOXGHGLQWKHRULJLQDOSDFNDJLQJH[FHSWWKHEDWWHU\±\HDUV
y 7RXJKSDGVDQGHYHU\DFFHVVRU\LQFOXGHGLQWKHRULJLQDOSDFNDJLQJH[FHSWWKHEDWWHU\±\HDUV
y $FFHVVRULHVLQFOXGHGLQWKHRULJLQDOSDFNDJH±\HDUV
y $GGLWLRQDOSHULSKHUDOVPDQXIDFWXUHGE\3DQDVRQLFLQFOXGLQJPHGLDED\GHYLFHVVXFKDV&'5RP
GULYHV±\HDU
y %DWWHULHV±PRQWKV3DQDVRQLF:DUUDQW\FRYHUVWKHEDWWHU\IRUVL[PRQWKV$EDWWHU\LV
FRQVLGHUHGJRRGLILWPDLQWDLQVRILWVFKDUJHFDSDFLW\GXULQJWKHZDUUDQW\SHULRG,IDEDWWHU\
LVUHWXUQHGXQGHUWKLVFRQWUDFWDQGWHVWLQJGHWHUPLQHVWKDWLWKDVFKDUJHFDSDFLW\JUHDWHUWKDQ
WKHEDWWHU\ZLOOEHUHWXUQHGZLWKDQLQYRLFHIRUWKHUHWDLOSXUFKDVHSULFHRIDQHZEDWWHU\
7KLVZDUUDQW\LVH[WHQGHGVROHO\WRWKHRULJLQDOSXUFKDVHU$SXUFKDVHUHFHLSWRURWKHUSURRIRIGDWHRI
RULJLQDOSXUFKDVHZLOOEHUHTXLUHGEHIRUHZDUUDQW\SHUIRUPDQFHLVUHQGHUHG
$SSHQGL[

3DQDVRQLF6\VWHP&RPPXQLFDWLRQV&RPSDQ\(XURSH
/LPLWVDQG([FOXVLRQV
7KLVZDUUDQW\GRHVQRWFRYHUDQGVKDOOEHYRLGIRU
y %URNHQRUFUDFNHG/&'VFUHHQ
y 'HIHFWLYHSL[HOLQQRWHERRNGLVSOD\VDQG/&'VFUHHQVZLWKLQ
y 'DPDJHWKDWLVDWWULEXWDEOHWR¿UHWKHIWRUDFWVRI*RG
y 'DPDJHFDXVHGE\HQYLURQPHQWDOLQÀXHQFHVHOHFWULFDOVWRUPVPDJQHWLF¿HOGVHWF
y 'DPDJHZKLFKKDVQRWEHHQFDXVHGGXULQJQRUPDORSHUDWLRQ
y 5HSDLURIGDPDJHWKDWLVFRVPHWLFRQO\RUGRHVQRWDIIHFWSURGXFWIXQFWLRQDOLW\VXFKDVZHDUDQG
WHDUVFUDWFKHVDQGGHQWV
y )DLOXUHVFDXVHGE\SURGXFWVQRWVXSSOLHGE\3DQDVRQLF
y )DLOXUHVUHVXOWLQJIURPDOWHUDWLRQDFFLGHQWDOGDPDJHFDVXDOW\PLVXVHDEXVHRUQHJOHFW
y ,QWURGXFWLRQRIOLTXLGRURWKHUIRUHLJQPDWWHULQWRWKHXQLW
y ,PSURSHULQVWDOODWLRQRSHUDWLRQRUPDLQWHQDQFH
y ,PSURSHUFRQQHFWLRQVZLWKSHULSKHUDOV
y 0DODGMXVWPHQWRIFRQVXPHUFRQWUROVVXFKDVIXQFWLRQVHWWLQJV
y 0RGL¿FDWLRQRUVHUYLFHE\DQ\RQHRWKHUWKDQ3DQDVRQLFRULWVDSSURYHG6HUYLFH3URYLGHUV
y 3URGXFWVXVHGDVVKRUWWHUPUHQWDORUOHDVHGHTXLSPHQW
y 3URGXFWVZKRVHVHULDOQXPEHUKDVEHHQUHPRYHGPDNLQJWKHXQLWZDUUDQW\FRQGLWLRQLPSRVVLEOHWR
FOHDUO\GHWHUPLQH
7+,6352'8&7,6127,17(1'(')2586($625$63$572)18&/($5(48,30(17
6<67(06$,575$)),&&21752/(48,30(176<67(0625$,5&5$)7&2&.3,7
(48,30(176<67(063$1$621,&:,//127%(5(63216,%/()25$1</,$%,/,7<
5(68/7,1*)5207+(86(2)7+,6352'8&7$5,6,1*2872)7+()25(*2,1*86(6
$,5&5$)7&2&.3,7(48,30(176<67(06LQFOXGH&ODVV(OHFWURQLF)OLJKW%DJ()%
6\VWHPVDQG&ODVV()%6\VWHPVZKHQXVHGGXULQJFULWLFDOSKDVHVRIÀLJKWHJGXULQJWDNH
RIIDQGODQGLQJDQGRUPRXQWHGRQWRWKHDLUFUDIW&ODVV()%6\VWHPVDQG()%6\VWHPVDUH
GH¿QHGE\)$$$&$GYLVRU\&LUFXODU$RU-$$-$$7*/7HPSRUDU\*XLGDQFH/HDÀHWV
1R
7KHUHDUHQRRWKHUH[SUHVVZDUUDQWLHVH[FHSWDVOLVWHGDERYH
:HVWURQJO\UHFRPPHQGWKDWFXVWRPHUVEDFNXSWKHLUGDWDEHIRUHVHQGLQJEDFNWKHLUXQLWWRDQ
$XWKRULVHG6HUYLFH3URYLGHU
3DQDVRQLFVKDOOQRWEHOLDEOHIRUORVVRIGDWDRURWKHULQFLGHQWDORUFRQVHTXHQWLDOGDPDJHVUHVXOWLQJ
IURPWKHXVHRIWKLVSURGXFWRUDULVLQJRXWRIDQ\EUHDFKRIWKLVZDUUDQW\$OOH[SUHVVDQGLPSOLHG
ZDUUDQWLHVLQFOXGLQJWKHZDUUDQWLHVRIVDWLVIDFWRU\TXDOLW\DQG¿WQHVVIRUDSDUWLFXODUSXUSRVHDUH
OLPLWHGWRWKHDSSOLFDEOHZDUUDQW\SHULRGVHWIRUWKDERYH
3DQDVRQLFVKDOOQRWEHOLDEOHIRUDQ\LQGLUHFWVSHFLDORUFRQVHTXHQWLDOORVVRUGDPDJHLQFOXGLQJ
ZLWKRXWOLPLWDWLRQDQ\ORVVRISUR¿WVDULVLQJIURPWKHXVHRIWKLVSURGXFWRUIRUDQ\EUHDFKRIWKLV
ZDUUDQW\
$SSHQGL[

/,0,7(':$55$17<
3DQDVRQLF6\VWHP&RPPXQLFDWLRQV&RPSDQ\(XURSH
7KLVOLPLWHGZDUUDQW\JLYHV\RXVSHFL¿FOHJDOULJKWVDQG\RXPD\KDYHRWKHUULJKWVWKDWYDU\IURP
FRXQWU\WRFRXQWU\
<RXPXVWFRQVXOWWKHDSSOLFDEOHFRXQWU\ODZVIRUDIXOOGHWHUPLQDWLRQRI\RXUULJKWV7KLVOLPLWHG
ZDUUDQW\LVLQDGGLWLRQWRDQGGRHVQRWDIIHFWDQ\ULJKWVDULVLQJRXWRIDQ\FRQWUDFWRIVDOHRUE\
VWDWXWH
'DWD6WRUDJH0HGLD
'DWD6WRUDJH0HGLDLVWKHPHGLDRQZKLFKWKH2SHUDWLQJ6\VWHPGULYHUVDQGSURJUDPVRULJLQDOO\
LQVWDOOHGE\3DQDVRQLFRQWKHPDLQXQLWDUHVWRUHG7KLVPHGLDLVRULJLQDOO\SURYLGHGZLWKWKHXQLW
3DQDVRQLFZDUUDQWVWR\RXRQO\WKDWWKHGLVFVRURWKHUPHGLDRQZKLFKWKH3URJUDPVDUHIXUQLVKHG
ZLOOEHIUHHIURPGHIHFWVLQPDWHULDODQGZRUNPDQVKLSXQGHUQRUPDOXVHIRUDSHULRGRIVL[W\GD\V
IURPWKHGDWHRIGHOLYHU\WKHUHRIWR\RXDVHYLGHQFHGE\\RXUSXUFKDVHUHFHLSW
7KLVLVWKHRQO\ZDUUDQW\3DQDVRQLFPDNHVWR\RX3DQDVRQLFGRHVQRWZDUUDQWWKDWWKHIXQFWLRQV
FRQWDLQHGLQWKH3URJUDPVZLOOPHHW\RXUUHTXLUHPHQWVRUWKDWWKHRSHUDWLRQRIWKH3URJUDPVZLOOEH
XQLQWHUUXSWHGRUHUURUIUHH
3DQDVRQLF¶VHQWLUHOLDELOLW\DQG\RXUH[FOXVLYHUHPHG\XQGHUWKLVZDUUDQW\VKDOOEHOLPLWHGWRWKH
UHSODFHPHQWRIDQ\GHIHFWLYHGLVNRURWKHUPHGLDZKLFKLVUHWXUQHGWR3DQDVRQLF¶VDXWKRUL]HG6HUYLFH
&HQWUHWRJHWKHUZLWKDFRS\RIWKHSXUFKDVHUHFHLSWZLWKLQWKHDIRUHVDLGZDUUDQW\SHULRG
3DQDVRQLFVKDOOKDYHQRREOLJDWLRQIRUDQ\GHIHFWVLQWKHGLVNVRURWKHUPHGLDRQZKLFKWKH
3URJUDPVDUHIXUQLVKHGUHVXOWLQJIURP\RXUVWRUDJHWKHUHRIRUIRUGHIHFWVWKDWKDYHEHHQFDXVHGE\
RSHUDWLRQRIWKHGLVNVRURWKHUPHGLDRWKHUZLVHWKDQRQWKH3URGXFWRULQWKHHQYLURQPHQWFRQGLWLRQV
RWKHUWKDQWKRVHVSHFL¿HGE\3DQDVRQLFE\DOWHUDWLRQDFFLGHQWPLVXVHDEXVHQHJOHFWPLVKDQGOLQJ
PLVDSSOLFDWLRQLQVWDOODWLRQPDODGMXVWPHQWRIFRQVXPHUFRQWUROVLPSURSHUPDLQWHQDQFHPRGL¿FDWLRQ
RUGDPDJHWKDWLVDWWULEXWDEOHWRDFWVRI*RG,QDGGLWLRQ3DQDVRQLFVKDOOKDYHQRREOLJDWLRQIRUDQ\
GHIHFWVLQWKHGLVNVRURWKHUPHGLDLI\RXKDYHPRGL¿HGRUDWWHPSWHGWRPRGLI\DQ\3URJUDP
'XUDWLRQRILPSOLHGZDUUDQWLHVLIDQ\LVOLPLWHGWRVL[W\GD\V
3UHLQVWDOOHGVRIWZDUH
3UHLQVWDOOHGVRIWZDUHPHDQVWKHVRIWZDUHVKLSSHGSUHORDGHGE\3DQDVRQLFQRWWKDWORDGHGE\DQ\
WKLUGSDUW\RUVHOOLQJDJHQW
$SSHQGL[

3DQDVRQLF6\VWHP&RPPXQLFDWLRQV&RPSDQ\(XURSH
3DQDVRQLFDQGLWVVXSSOLHUVPDNHVQRZDUUDQW\HLWKHUH[SUHVVLPSOLHGRUVWDWXWRU\ZLWKUHVSHFW
WRVRIWZDUHSURYLGHGZLWKWKH3URGXFWDQGOLFHQVHGWR3XUFKDVHULWVTXDOLW\SHUIRUPDQFH
PHUFKDQWDELOLW\RU¿WQHVVIRUDSDUWLFXODUSXUSRVH
3DQDVRQLFGRHVQRWZDUUDQWWKDWWKHIXQFWLRQVFRQWDLQHGLQWKHVRIWZDUHZLOOEHXQLQWHUUXSWHGRUHUURU
IUHH
3DQDVRQLFDVVXPHVQRULVNRIDQGVKDOOQRWLQDQ\FDVHEHOLDEOHIRUDQ\GDPDJHVLQFOXGLQJZLWKRXW
OLPLWDWLRQDQ\VSHFLDOLQFLGHQWDOFRQVHTXHQWLDORUSXQLWLYHGDPDJHVDULVLQJIURPEUHDFKRIZDUUDQW\
RUFRQWUDFWQHJOLJHQFHRUDQ\RWKHUOHJDOWKHRU\LQFOXGLQJZLWKRXWOLPLWDWLRQORVVRIJRRGZLOOSUR¿WV
RUUHYHQXHORVVRIXVHRIWKH3URJUDPVRU3URGXFWVRUDQ\DVVRFLDWHGHTXLSPHQWFRVWRIFDSLWDOFRVW
RIDQ\VXEVWLWXWHHTXLSPHQWIDFLOLWLHVRUVHUYLFHVGRZQWLPHFRVWVRUFODLPVRIDQ\SDUW\GHDOLQJZLWK
VXFKGDPDJHV
6RPHFRXQWULHVGRQRWDOORZWKHH[FOXVLRQRUOLPLWDWLRQRILQFLGHQWDORUFRQVHTXHQWLDOGDPDJHVRU
OLPLWDWLRQVRQKRZORQJDQLPSOLHGZDUUDQW\ODVWVVRWKHDERYHOLPLWDWLRQVRUH[FOXVLRQVPD\QRWDSSO\
WR\RX
7KLVOLPLWHGZDUUDQW\JLYHV\RXVSHFL¿FOHJDOULJKWVDQG\RXPD\DOVRKDYHRWKHUULJKWVWKDWYDU\IURP
FRXQWU\WRFRXQWU\<RXPXVWFRQVXOWDSSOLFDEOHFRXQWU\ODZVIRUDIXOOGHWHUPLQDWLRQRI\RXUULJKWV
&RQWDFWV
$GGUHVV 3DQDVRQLF6\VWHP&RPPXQLFDWLRQV&RPSDQ\(XURSH
3DQDVRQLF0DQXIDFWXULQJ8./WG
6HUYLFH&HQWUH%XLOGLQJ%
:\QFOLIIH5RDG3HQWZ\Q,QGXVWULDO(VWDWH&DUGLII
8QLWHG.LQJGRP
&);%
:HESDJH KWWSZZZWRXJKERRNHX
+HOSGHVN
(QJOLVKVSHDNLQJVHUYLFH
)UHQFKVSHDNLQJVHUYLFH
*HUPDQVSHDNLQJVHUYLFH
,WDOLDQVSHDNLQJVHUYLFH
6SDQLVKVSHDNLQJVHUYLFH
(PDLODGGUHVV





WRXJKERRNVXSSRUW#HXSDQDVRQLFFRP
&]HFKVSHDNLQJVHUYLFH
+XQJDULDQVSHDNLQJVHUYLFH
3ROLVKVSHDNLQJVHUYLFH
5RPDQLDQVSHDNLQJVHUYLFH
6ORYDNLDQVSHDNLQJVHUYLFH
(PDLODGGUHVV





WRXJKERRNVXSSRUW#FVJGH
3D\PHQWV WRXJKERRNVHUYLFHSD\PHQWVFDUGLII#HXSDQDVRQLFFRP
$SSHQGL[

$SSHQGL[

3DQDVRQLF6\VWHP1HWZRUNV&R/WG
3ULQWHGLQ-DSDQ
)
3*4;=$-
:HEVLWHKWWSSDQDVRQLFQHW

Navigation menu