Siemens 277IWLAN-V211 MobilePanel277FIWLAN RF User Manual

Siemens AG MobilePanel277FIWLAN RF

User Manual

6,0$7,&+0,+0,GHYLFH0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(3UHIDFH2YHUYLHZ6DIHW\LQVWUXFWLRQVDQGVWDQGDUGV3ODQQLQJWKHXVH0RXQWLQJDQGFRQQHFWLRQ2SHUDWRUFRQWUROVDQGGLVSOD\V&RQILJXULQJWKH+0,GHYLFH6DIHW\UHODWHGFRQILJXUDWLRQ&RPPLVVLRQLQJDSURMHFW&RPPLVVLRQLQJWKHSODQW)DLOVDIHRSHUDWLRQ2SHUDWLQJDSURMHFW6HUYLFHDQGPDLQWHQDQFH7HFKQLFDOVSHFLILFDWLRQV$SSHQGL[$$EEUHYLDWLRQV%REVIEWENGLISH27.07.2010
/HJDOLQIRUPDWLRQ:DUQLQJQRWLFHV\VWHP7KLVPDQXDOFRQWDLQVQRWLFHV\RXKDYHWRREVHUYHLQRUGHUWRHQVXUH\RXUSHUVRQDOVDIHW\DVZHOODVWRSUHYHQWGDPDJHWRSURSHUW\7KHQRWLFHVUHIHUULQJWR\RXUSHUVRQDOVDIHW\DUHKLJKOLJKWHGLQWKHPDQXDOE\DVDIHW\DOHUWV\PEROQRWLFHVUHIHUULQJRQO\WRSURSHUW\GDPDJHKDYHQRVDIHW\DOHUWV\PERO7KHVHQRWLFHVVKRZQEHORZDUHJUDGHGDFFRUGLQJWRWKHGHJUHHRIGDQJHU'$1*(5LQGLFDWHVWKDWGHDWKRUVHYHUHSHUVRQDOLQMXU\ZZLOOUHVXOWLISURSHUSUHFDXWLRQVDUHQRWWDNHQ:$51,1*LQGLFDWHVWKDWGHDWKRUVHYHUHSHUVRQDOLQMXU\PPD\UHVXOWLISURSHUSUHFDXWLRQVDUHQRWWDNHQ&$87,21ZLWKDVDIHW\DOHUWV\PEROLQGLFDWHVWKDWPLQRUSHUVRQDOLQMXU\FDQUHVXOWLISURSHUSUHFDXWLRQVDUHQRWWDNHQ&$87,21ZLWKRXWDVDIHW\DOHUWV\PEROLQGLFDWHVWKDWSURSHUW\GDPDJHFDQUHVXOWLISURSHUSUHFDXWLRQVDUHQRWWDNHQ127,&(LQGLFDWHVWKDWDQXQLQWHQGHGUHVXOWRUVLWXDWLRQFDQRFFXULIWKHFRUUHVSRQGLQJLQIRUPDWLRQLVQRWWDNHQLQWRDFFRXQW,IPRUHWKDQRQHGHJUHHRIGDQJHULVSUHVHQWWKHZDUQLQJQRWLFHUHSUHVHQWLQJWKHKLJKHVWGHJUHHRIGDQJHUZLOOEHXVHG$QRWLFHZDUQLQJRILQMXU\WRSHUVRQVZLWKDVDIHW\DOHUWV\PEROPD\DOVRLQFOXGHDZDUQLQJUHODWLQJWRSURSHUW\GDPDJH4XDOLILHG3HUVRQQHO7KHSURGXFWV\VWHPGHVFULEHGLQWKLVGRFXPHQWDWLRQPD\EHRSHUDWHGRQO\E\SSHUVRQQHOTXDOLILHGIRUWKHVSHFLILFWDVNLQDFFRUGDQFHZLWKWKHUHOHYDQWGRFXPHQWDWLRQIRUWKHVSHFLILFWDVNLQSDUWLFXODULWVZDUQLQJQRWLFHVDQGVDIHW\LQVWUXFWLRQV4XDOLILHGSHUVRQQHODUHWKRVHZKREDVHGRQWKHLUWUDLQLQJDQGH[SHULHQFHDUHFDSDEOHRILGHQWLI\LQJULVNVDQGDYRLGLQJSRWHQWLDOKD]DUGVZKHQZRUNLQJZLWKWKHVHSURGXFWVV\VWHPV3URSHUXVHRI6LHPHQVSURGXFWV1RWHWKHIROORZLQJ:$51,1*6LHPHQVSURGXFWVPD\RQO\EHXVHGIRUWKHDSSOLFDWLRQVGHVFULEHGLQWKHFDWDORJDQGLQWKHUHOHYDQWWHFKQLFDOGRFXPHQWDWLRQ,ISURGXFWVDQGFRPSRQHQWVIURPRWKHUPDQXIDFWXUHUVDUHXVHGWKHVHPXVWEHUHFRPPHQGHGRUDSSURYHGE\6LHPHQV3URSHUWUDQVSRUWVWRUDJHLQVWDOODWLRQDVVHPEO\FRPPLVVLRQLQJRSHUDWLRQDQGPDLQWHQDQFHDUHUHTXLUHGWRHQVXUHWKDWWKHSURGXFWVRSHUDWHVDIHO\DQGZLWKRXWDQ\SUREOHPV7KHSHUPLVVLEOHDPELHQWFRQGLWLRQVPXVWEHDGKHUHGWR7KHLQIRUPDWLRQLQWKHUHOHYDQWGRFXPHQWDWLRQPXVWEHREVHUYHG7UDGHPDUNV$OOQDPHVLGHQWLILHGE\pDUHUHJLVWHUHGWUDGHPDUNVRIWKH6LHPHQV$*7KHUHPDLQLQJWUDGHPDUNVLQWKLVSXEOLFDWLRQPD\EHWUDGHPDUNVZKRVHXVHE\WKLUGSDUWLHVIRUWKHLURZQSXUSRVHVFRXOGYLRODWHWKHULJKWVRIWKHRZQHU'LVFODLPHURI/LDELOLW\:HKDYHUHYLHZHGWKHFRQWHQWVRIWKLVSXEOLFDWLRQWRHQVXUHFRQVLVWHQF\ZLWKWKHKDUGZDUHDQGVRIWZDUHGHVFULEHG6LQFHYDULDQFHFDQQRWEHSUHFOXGHGHQWLUHO\ZHFDQQRWJXDUDQWHHIXOOFRQVLVWHQF\+RZHYHUWKHLQIRUPDWLRQLQWKLVSXEOLFDWLRQLVUHYLHZHGUHJXODUO\DQGDQ\QHFHVVDU\FRUUHFWLRQVDUHLQFOXGHGLQVXEVHTXHQWHGLWLRQV 6LHPHQV$*,QGXVWU\6HFWRU3RVWIDFK151%(5**(50$1<RUGHUQXPEHU$9'4$%࿕&RS\ULJKWk6LHPHQV$*7HFKQLFDOGDWDVXEMHFWWRFKDQJHREVIEWENGLISH27.07.2010
0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 3UHIDFH3XUSRVHRIWKHRSHUDWLQJLQVWUXFWLRQV7KHVHRSHUDWLQJLQVWUXFWLRQVSURYLGHLQIRUPDWLRQIRUPDQXDOVGHULYHGIURPWKHUHTXLUHPHQWVIRUPHFKDQLFDOHQJLQHHULQJGRFXPHQWDWLRQDFFRUGLQJWR',1(17KLVLQIRUPDWLRQUHODWHVWRWKHSODFHRIXVHWUDQVSRUWVWRUDJHPRXQWLQJXVHDQGPDLQWHQDQFH7KHVHRSHUDWLQJLQVWUXFWLRQVDUHLQWHQGHGIRUჀ8VHUVჀ&RPPLVVLRQLQJHQJLQHHUVჀ0DLQWHQDQFHSHUVRQQHO3D\SDUWLFXODUDWWHQWLRQWRWKHVHFWLRQ6DIHW\LQVWUXFWLRQVDQGVWDQGDUGV3DJH<RXFDQILQGPRUHLQIRUPDWLRQVXFKDVRSHUDWLQJLQVWUXFWLRQVH[DPSOHVDQGUHIHUHQFHLQIRUPDWLRQLQWKHRQOLQHKHOSRI:LQ&&IOH[LEOH5HTXLUHGNQRZOHGJH*HQHUDONQRZOHGJHRIDXWRPDWLRQWHFKQRORJ\DQGSURFHVVFRPPXQLFDWLRQLVQHHGHGWRXQGHUVWDQGWKHRSHUDWLQJLQVWUXFWLRQV,WLVDOVRDVVXPHGWKDWWKRVHXVLQJWKHPDQXDOKDYHH[SHULHQFHLQXVLQJSHUVRQDOFRPSXWHUVDQGDQXQGHUVWDQGLQJRI0LFURVRIWRSHUDWLQJV\VWHPV6FRSHRIWKLVPDQXDO7KHPDQXDODSSOLHVIRUWKH+0,GHYLFHV0RELOH3DQHO),:/$19DQG0RELOH3DQHO),:$15),'7DJLQFRQQHFWLRQZLWKWKHIROORZLQJVRIWZDUHჀ67(39VWDUWLQJZLWK63Ⴠ6'LVWULEXWHG6DIHW\963Ⴠ:LQ&&IOH[LEOH63ZLWK+630RELOH3DQHO:LUHOHVV9127,&(0DQXDOEHORQJVWR+0,GHYLFH7KHVXSSOLHGPDQXDOEHORQJVWRWKH+0,GHYLFHDQGLVDOVRUHTXLUHGWRUHSHDWFRPPLVVLRQLQJ.HHSDOOVXSSOLHGDQGVXSSOHPHQWDU\GRFXPHQWDWLRQIRUWKHHQWLUHVHUYLFHOLIHRIWKH+0,GHYLFH3URYLGHDOOVWRUHGGRFXPHQWVWRVXEVHTXHQWRZQHUVRIWKH+0,GHYLFHREVIEWENGLISH27.07.2010
3UHIDFH  0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(7UDGHPDUNV7KHIROORZLQJQDPHVPDUNHGZLWKWKHpV\PERODUHUHJLVWHUHGWUDGHPDUNVRI6LHPHQV$*Ⴠ+0,pჀ6,0$7,&pჀ:LQ&&p6W\OHFRQYHQWLRQV6W\OH&RQYHQWLRQ 6FRSH$GGVFUHHQ x7HUPLQRORJ\WKDWDSSHDUVLQWKHXVHULQWHUIDFHIRUH[DPSOHGLDORJQDPHVWDEVEXWWRQVPHQXFRPPDQGVx5HTXLUHGLQSXWIRUH[DPSOHOLPLWVWDJYDOXHVx3DWKLQIRUPDWLRQ)LOH!(GLW 2SHUDWLRQDOVHTXHQFHVIRUH[DPSOHPHQXFRPPDQGVVKRUWFXWPHQXFRPPDQGV)!$OW3! .H\ERDUGRSHUDWLRQ3OHDVHREVHUYHQRWHVODEHOHGDVIROORZV1RWH$QRWHFRQWDLQVLPSRUWDQWLQIRUPDWLRQDERXWWKHSURGXFWGHVFULEHGLQWKHPDQXDODQGLWVXVHRUDVSHFLILFVHFWLRQRIWKHPDQXDOWRZKLFK\RXVKRXOGSD\SDUWLFXODUDWWHQWLRQ1DPLQJFRQYHQWLRQV7HUP $SSOLHVWR3ODQW x6\VWHPx0DFKLQLQJFHQWHUx2QHRUPRUHPDFKLQHV$FWXDWH x%\PHDQVRIWKHWRXFKVFUHHQRQWKH+0,GHYLFHx%\RSHUDWLQJDPRXVHRQWKH+0,GHYLFH0RELOH3DQHO),:/$19 x3UHYLRXVYHUVLRQRIWKH0RELOH3DQHO),:/$10RELOH3DQHO),:/$1 x0RELOH3DQHO),:/$19x0RELOH3DQHO),:/$15),'7DJ5DQJHQDPH x'HVFULEHVDQHIIHFWLYHUDQJHZKLFKLVUHFRJQL]HGE\DQ+0,GHYLFH)LJXUHV7KLVPDQXDOFRQWDLQVLOOXVWUDWLRQVRIWKHGHVFULEHGGHYLFHV7KHLOOXVWUDWLRQVFDQGHYLDWHIURPWKHSDUWLFXODULWLHVRIWKHGHOLYHUHGGHYLFHREVIEWENGLISH27.07.2010
3UHIDFH0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 7HFKQLFDO6XSSRUW7HFKQLFDOVXSSRUWIRUWKHSURGXFWVFRYHUHGLQWKHPDQXDOLVDYDLODEOHLQWKH,QWHUQHWDWჀ7HFKQLFDO6XSSRUWKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRPჀ6XSSRUW5HTXHVWKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQჀ6HUYLFHKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQჀ&RQWDFWVDQGRIILFHORFDWLRQVKWWSZZZDXWRPDWLRQVLHPHQVFRPPFPVDVSDGEHQ3DJHVGHIDXOWDVS[Ⴠ7UDLQLQJFHQWHUKWWSVLWUDLQDXWRPDWLRQVLHPHQVFRPVLWUDLQGHIDXOWDVS["$SS/DQJ HQ$GGLWLRQDOLQIRUPDWLRQRQ6,0$7,&SURGXFWVLVDYDLODEOHLQWKH,QWHUQHWDWჀ,QGXVWU\3RUWDOKWWSZZZDXWRPDWLRQVLHPHQVFRPBHQSRUWDOLQGH[KWPჀ2YHUDOO6,0$7,&GRFXPHQWDWLRQKWWSZZZDXWRPDWLRQVLHPHQVFRPVLPDWLFSRUWDOKWPOBWHFKGRNXKWP5HF\FOLQJDQGGLVSRVDO7KHSURGXFWVGHVFULEHGLQWKLVPDQXDODUHUHF\FODEOHEHFDXVHRIWKHORZOHYHORIFRQWDPLQDQWVLQWKHLUFRPSRQHQWV&RQWDFWDFHUWLILHGGLVSRVDOVHUYLFHFRPSDQ\IRUHQYLURQPHQWDOO\VRXQGUHF\FOLQJDQGGLVSRVDORI\RXUROGGHYLFHV8VHGEDWWHULHVDQGUHFKDUJHDEOHEDWWHULHV8VHGEDWWHULHVDQGOLWKLXPLRQEDWWHULHVDUHKD]DUGRXVZDVWH$OZD\VGLVSRVHRIXVHGEDWWHULHVDQGOLWKLXPLRQEDWWHULHVSURSHUO\LQDFFRUGDQFHZLWKWKHUHJXODWLRQVLQHIIHFW,GHQWLI\WKHFRQWDLQHUSURYLGHGIRUWKLVSXUSRVHZLWKWKHODEHO8VHGEDWWHULHVDQGUHFKDUJHDEOHV1RWH%DWWHULHVDQGUHFKDUJHDEOHVGRQRWEHORQJLQWKHJDUEDJH7KHXVHULVOHJDOO\REOLJHGWRUHWXUQXVHGEDWWHULHVDQGUHFKDUJHDEOHEDWWHULHV<RXFDQGHSRVLWXVHGEDWWHULHVDQGUHFKDUJHDEOHVDWDQ\SXEOLFFROOHFWLRQVLWHDQGDQ\ZKHUHEDWWHULHVRUUHFKDUJHDEOHVRIVLPLODUW\SHDUHVROG<RXFDQDOVRVHQGEDWWHULHVDQGUHFKDUJHDEOHVWRWKHIROORZLQJDGGUHVV6LHPHQV$*,QGXVWU\6HFWRU5HWXUQV&HQWHU6LHPHQVVWU)¾UWK*HUPDQ\REVIEWENGLISH27.07.2010
3UHIDFH  0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(REVIEWENGLISH27.07.2010
0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 7DEOHRIFRQWHQWV 3UHIDFH   2YHUYLHZ  3URGXFWRYHUYLHZ  6FRSHRIGHOLYHU\  0RELOH3DQHO),:/$1 $FFHVVRU\NLW $FFHVVRULHV (TXLSPHQWIRU+0,GHYLFHDQGSODQW &KDUJLQJVWDWLRQ 3RZHUVXSSO\XQLW 5),'WDJ 7UDQVSRQGHU $FFHVVSRLQW &RPSDWLELOLW\RIHTXLSPHQW &RPPXQLFDWLRQDQGDSSURYHGFRQWUROOHUV  6RIWZDUHUHTXLUHPHQWV 6XSSRUWHG:LQ&&IOH[LEOHREMHFWV  &RQILJXUDWLRQDQGSURFHVVFRQWUROSKDVHV  5DQJHVLQDWUDQVSRQGHUV\VWHP  $UHDVLQD5),'WDJV\VWHP 5DSLGURDPLQJ 7HUPVIRUIDLOVDIHRSHUDWLRQ 6DIHW\LQVWUXFWLRQVDQGVWDQGDUGV  6DIHW\LQVWUXFWLRQV $SSURYDOV  6WDQGDUGVRQRSHUDWLQJVDIHW\ 2SHUDWLQJFRQGLWLRQV  5LVNDQDO\VLVRIWKHSODQW  6DIHW\IXQFWLRQVRIWKH(0(5*(1&<6723EXWWRQ  6DIHW\IXQFWLRQVRIWKHHQDEOLQJPHFKDQLVP  (OHFWURPDJQHWLFFRPSDWLELOLW\  3ODQQLQJWKHXVH  &KHFNOLVW $PELHQWFRQGLWLRQVIRUWUDQVSRUWDWLRQDQGVWRUDJH REVIEWENGLISH27.07.2010
7DEOHRIFRQWHQWV  0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( $PELHQWFRQGLWLRQVIRURSHUDWLRQ   ,QVXODWLRQUHVLVWDQFHSURWHFWLRQFODVVDQGGHJUHHRISURWHFWLRQ  :/$1SURSHUWLHV  (TXLSSLQJDSODQWZLWKWDJV   (TXLSSLQJDSODQWZLWKWUDQVSRQGHUV  'LYLGLQJSODQWLQWRHIIHFWLYHUDQJHV   'LYLGLQJSODQWLQWR]RQHV   (TXLSSLQJDSODQWZLWK5),'WDJV  0RXQWLQJORFDWLRQDQGFOHDUDQFHRIFKDUJLQJVWDWLRQ  3ODQQLQJWKHLQVWDOODWLRQORFDWLRQRIWUDQVSRQGHUV   3ODQQLQJDQLQVWDOODWLRQORFDWLRQIRU5),'WDJV   3ODQQLQJWKHLQVWDOODWLRQORFDWLRQRIVLJQDOODPSV   3URWHFWLRQ]RQHIRUWKH2YHUULGHPRGH   3ODQQLQJSURWHFWLRQ]RQHVLQWKH5),'WDJV\VWHP  &RH[LVWHQFHRIWKHIUHTXHQF\EDQGV  3ODQQLQJLQIRUPDWLRQVHFXULW\  0RXQWLQJDQGFRQQHFWLRQ  &KHFNWKHVFRSHRIGHOLYHU\  0RXQWLQJWKHFKDUJLQJVWDWLRQ  &RQQHFWLQJWKHFKDUJLQJVWDWLRQ   0RXQWLQJWKHWUDQVSRQGHU   6HWWLQJWKHWUDQVSRQGHU,'DQGLQVHUWLQJWKHEDWWHULHV   ,QVWDOOLQJDQ5),'WDJ  &RQQHFWLQJWKH+0,GHYLFH  6DIHW\LQVWUXFWLRQV  2SHQLQJDQGFORVLQJWKHEDWWHU\DQGWHUPLQDOFRPSDUWPHQW   3RUWVDQGUHVHWEXWWRQ  ,QVHUWLQJDPHPRU\FDUG   5HSODFLQJDQGFKDUJLQJWKHPDLQUHFKDUJHDEOHEDWWHU\   6DIHW\LQVWUXFWLRQV  5HSODFLQJWKHPDLQUHFKDUJHDEOHEDWWHU\   &KDUJLQJWKHPDLQUHFKDUJHDEOHEDWWHU\  'LVSOD\LQJWKHEDWWHU\FKDUJHVWDWXV  &RQQHFWLQJWKH3/&  &RQQHFWLQJWKHFRQILJXUDWLRQ3&   &RQQHFWLQJDSULQWHU  &RQQHFWLQJD86%GHYLFH   &RQQHFWLQJWKHSRZHUVXSSO\XQLW  6ZLWFKLQJRQDQGWHVWLQJWKH+0,GHYLFH  6ZLWFKLQJRIIWKH+0,GHYLFH  2SHUDWRUFRQWUROVDQGGLVSOD\V   2YHUYLHZ   /('GLVSOD\  REVIEWENGLISH27.07.2010
7DEOHRIFRQWHQWV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  3RZHUPDQDJHPHQW 6DIHW\UHODWHGRSHUDWRUFRQWUROV (0(5*(1&<6723EXWWRQ (QDEOLQJEXWWRQ  7HVWLQJWKHIXQFWLRQ 2SHUDWRUFRQWUROV  2SHUDWLQJWKHKDQGZKHHO 2SHUDWLQJWKHNH\RSHUDWHGVZLWFK  2SHUDWLQJWKHLOOXPLQDWHGSXVKEXWWRQ (YDOXDWLQJRSHUDWRUFRQWUROV  2YHUYLHZ  (YDOXDWLQJRSHUDWRUFRQWUROVDVGLUHFWNH\V &RQWUROOLQJWKH/('VRIWKHIXQFWLRQNH\VYLDV\VWHPIXQFWLRQV  &RQWUROOLQJWKHKDQGZKHHOYLDV\VWHPIXQFWLRQV &RQWUROOLQJNH\RSHUDWHGVZLWFKHVYLDV\VWHPIXQFWLRQV  &RQWUROOLQJDQGHYDOXDWLQJLOOXPLQDWHGPXVKURRPSXVKEXWWRQVYLDV\VWHPIXQFWLRQV /DEHOLQJWKHIXQFWLRQNH\V  +ROGLQJRSHUDWLQJDQGVHWWLQJGRZQWKH+0,GHYLFH  8VLQJWKHFKDUJLQJVWDWLRQ  &KDUJLQJWKHPDLQEDWWHU\LQWKHFKDUJLQJFRPSDUWPHQW /('GLVSOD\VRQWKHFKDUJLQJVWDWLRQ  /RFNLQJWKHFKDUJLQJVWDWLRQ  &RQILJXULQJWKH+0,GHYLFH  'HVNWRSDQG/RDGHU 2SHUWDLQJGHVNWRSDQGORDGHU (QDEOLQJDQGGLVDEOLQJ6HFXUH0RGH  &RQWURO3DQHO  2YHUYLHZ  )XQFWLRQVLQWKH&RQWURO3DQHO 2SHUDWLQJWKH&RQWURO3DQHO  8VLQJWKHVFUHHQNH\ERDUGLQWKH&RQWURO3DQHO  &RQILJXULQJRSHUDWLRQ &RQILJXULQJWKHVFUHHQNH\ERDUG &KDQJLQJGLVSOD\EULJKWQHVV 6HWWLQJWKHFKDUDFWHUUHSHDWUDWHRIWKHVFUHHQNH\ERDUG  6HWWLQJWKHGRXEOHFOLFN &DOLEUDWLQJWKHWRXFKVFUHHQ  6WDUWLQJWKH+0,GHYLFHDJDLQ (QWHULQJDQGGHOHWLQJDSDVVZRUG &RQILJXULQJWKH:/$1FRQQHFWLRQ *HQHUDOFRQILJXUDWLRQ 6HWWLQJWKHGDWHDQGWLPH %DFNLQJXSUHJLVWU\LQIRUPDWLRQDQGWHPSRUDU\GDWD  'LVSOD\LQJLQIRUPDWLRQDERXWWKH+0,GHYLFH  'LVSOD\LQJWKHFKDUJHVWDWXVRIWKHEDWWHULHV $FWLYDWLQJYLEUDWLRQDODUP &RQILJXULQJWKHSULQWHUFRQQHFWLRQ 5HJLRQDODQGODQJXDJHVHWWLQJVREVIEWENGLISH27.07.2010
7DEOHRIFRQWHQWV  0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 6HWWLQJWKHVFUHHQVDYHU   'LVSOD\LQJJHQHUDOV\VWHPSURSHUWLHV   'LVSOD\LQJPHPRU\GLVWULEXWLRQ   6HWWLQJWKHORFDWLRQRIWKHSURMHFW  6HWWLQJWKHGHOD\WLPHIRUWKHSURMHFW   (QDEOLQJ352),1(7,2   6HWWLQJWKH352),VDIHDGGUHVV   3URJUDPPLQJWKHGDWDFKDQQHO  &RQILJXULQJQHWZRUNRSHUDWLRQ   2YHUYLHZ   6SHFLI\LQJWKHFRPSXWHUQDPHRIWKH+0,GHYLFH   6SHFLI\LQJWKH,3DGGUHVVDQGQDPHVHUYHU   6SHFLI\LQJWKHORJRQGDWD  &RQILJXULQJHPDLO   &KDQJLQJ,QWHUQHWVHWWLQJV   &KDQJLQJJHQHUDOVHWWLQJV   6HWWLQJWKHSUR[\VHUYHU   &KDQJLQJSULYDF\VHWWLQJV  ,PSRUWLQJGLVSOD\LQJDQGGHOHWLQJFHUWLILFDWHV   6DYLQJWRH[WHUQDOVWRUDJHPHGLXPದEDFNXS  5HVWRULQJIURPH[WHUQDOVWRUDJHPHGLXPದ5HVWRUH   $FWLYDWHPHPRU\PDQDJHPHQW   6DIHW\UHODWHGFRQILJXUDWLRQ  *HQHUDOSURFHGXUH   &KHFNOLVWIRUFRQILJXUDWLRQ  6,0$7,&67(3   &RQILJXULQJLQ67(3  $VVLJQLQJSDUDPHWHUVIRUFRPPXQLFDWLRQEHWZHHQWKH+0,GHYLFHDQGWKHFRQWUROOHU  6,0$7,&6'LVWULEXWHG6DIHW\DGGRQ  &KHFNOLVWIRU(0(5*(1&<6723FRQILJXUDWLRQ  8VLQJ))%V   )B)%B03  )B)%B51*BDQG)B)%B51*B  &RQILJXUDWLRQLQ:LQ&&IOH[LEOH   &RPPLVVLRQLQJDSURMHFW  8VLQJDQH[LVWLQJSURMHFW  2SHUDWLQJPRGHV  $YDLODEOHGDWDFKDQQHOV   3UHSDULQJDQGEDFNLQJXSDSURMHFW   2YHUYLHZ   7UDQVIHU  2YHUYLHZ   6WDUWLQJPDQXDOWUDQVIHU  6WDUWLQJDXWRPDWLFWUDQVIHU  6WDUWLQJEDFNWUDQVIHU  7HVWLQJDSURMHFW ENGLISH27.07.2010
7DEOHRIFRQWHQWV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  %DFNXSDQGUHVWRUH 2YHUYLHZ  %DFNLQJXSZLWK:LQ&&IOH[LEOH  %DFNLQJXSZLWK3UR6DYH 5HVWRULQJZLWK:LQ&&IOH[LEOH 5HVWRULQJZLWK3UR6DYH  8SGDWLQJWKHRSHUDWLQJV\VWHP  2YHUYLHZ  8SGDWLQJWKHRSHUDWLQJV\VWHPXVLQJ:LQ&&IOH[LEOH 8SGDWLQJWKHRSHUDWLQJV\VWHPXVLQJ3UR6DYH 5HVWRULQJIDFWRU\VHWWLQJV  2YHUYLHZ  5HVWRULQJWKHIDFWRU\VHWWLQJVXVLQJ:LQ&&IOH[LEOH 5HVWRULQJWKHIDFWRU\VHWWLQJVZLWK3UR6DYH  ,QVWDOOLQJDQGUHPRYLQJVRIWZDUHRSWLRQV 2YHUYLHZ  ,QVWDOOLQJZLWK:LQ&&IOH[LEOH 5HPRYLQJZLWK:LQ&&IOH[LEOH ,QVWDOOLQJZLWK3UR6DYH 5HPRYLQJZLWK3UR6DYH 7UDQVIHUULQJDQGWUDQVIHUULQJEDFNOLFHQVHNH\V 2YHUYLHZ  7UDQVIHUOLFHQVHNH\V  7UDQVIHUOLFHQVHNH\VEDFN  &RPPLVVLRQLQJDQ5),'WDJ 5HSODFLQJDQ5),'WDJ &RPPLVVLRQLQJWKHSODQW   2YHUYLHZ  $FFHSWDQFHRIWKHSODQW  7UDQVSRQGHUV\VWHP  $FFHSWLQJHIIHFWLYHUDQJH 7HVWHIIHFWLYHUDQJH  7HVWLQJ]RQHV 5),'WDJV\VWHP  &RPPLVVLRQLQJDQ5),'WDJ 5HSODFLQJDQ5),'WDJ 'LDJQRVWLFV )DLOVDIHRSHUDWLRQ  2UJDQL]DWLRQDOPHDVXUHV ,QWHJUDWLQJWKH+0,GHYLFH 2SHUDWLQJWKHWUDQVSRQGHUV\VWHPLQDIDLOVDIHPRGH 6ZLWFKRIIEHKDYLRU  'HWHUPLQHWKHFXUUHQWHIIHFWLYHUDQJHDQGFXUUHQW]RQH  /RJJLQJRQWRDPDFKLQH /RJJLQJRIIWKHPDFKLQH $FWLYDWLQJDQGGHDFWLYDWLQJ2YHUULGHPRGH 5),'WDJV\VWHPUXQLQDIDLOVDIHPDQQHU  6ZLWFKRIIEHKDYLRU REVIEWENGLISH27.07.2010
7DEOHRIFRQWHQWV  0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( /RJJLQJRQWRDPDFKLQH  /RJJLQJRIIWKHPDFKLQH  5HSODFLQJDQ5),'WDJ  5HPRYLQJWKH+0,GHYLFH  2SHUDWLQJDSURMHFW   6WDUWLQJWKHSURMHFW   2SHUDWRULQSXWRSWLRQV  'LUHFWNH\V  6HWWLQJWKHSURMHFWODQJXDJH   2SHUDWLQJWKHVFUHHQNH\ERDUGLQWKHSURMHFW  'HYLFHVSHFLILFGLVSOD\V  6KRZLQJWKHEDWWHU\FKDUJH   'LVSOD\LQJ:/$1TXDOLW\  'LVSOD\HIIHFWLYHUDQJHQDPHREMHFW   'LVSOD\LQJWKH(IIHFWLYHUDQJHQDPH5),'REMHFW   'LVSOD\HIIHFWLYHUDQJHTXDOLW\REMHFW   'LVSOD\]RQHQDPHREMHFW   'LVSOD\]RQHTXDOLW\REMHFW  3URMHFWVHFXULW\  2YHUYLHZ   8VHU9LHZ  8VHUORJRQ  8VHUORJRII  &UHDWLQJXVHUV  &KDQJLQJXVHUGDWD  'HOHWLQJXVHUV   )XQFWLRQNH\V   %DU  *DXJH  2SHUDWLQJWKHVOLGHUFRQWURO  2SHUDWLQJWKHVZLWFK   2SHUDWLQJWKH7UHQG9LHZ   2SHUDWLQJWKHVWDWXVIRUFH  2SHUDWLQJWKH6P#UW&OLHQWYLHZ  (UURUFDVHVLQWKHSURMHFWRSHUDWLRQ   2SHUDWHDODUPYLHZDQGDODUPZLQGRZ  2YHUYLHZ   5HFRJQL]LQJSHQGLQJDODUPV  $ODUPYLHZ  2YHUYLHZ   'LVSOD\LQJDODUPV  'LVSOD\DODUPZLQGRZ   'LVSOD\LQIRWH[WVIRUDQDODUP  $FNQRZOHGJHDODUP  (GLWDODUP  ENGLISH27.07.2010
7DEOHRIFRQWHQWV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  2SHUDWLQJUHFLSHV 2YHUYLHZ  6WUXFWXUHRIDUHFLSH 5HFLSHVLQWKH3URMHFW  5HFLSHGLVSOD\V 5HFLSH9DOXHVLQWKH+0,'HYLFHDQGWKH3/&  2SHUDWLQJWKHUHFLSHYLHZ  2YHUYLHZ  &UHDWLQJDUHFLSHGDWDUHFRUG  (GLWLQJDUHFLSHGDWDUHFRUG 'HOHWLQJDUHFLSHGDWDUHFRUG 6\QFKURQL]LQJWDJV 5HDGLQJDUHFLSHGDWDUHFRUGIURPWKH3/&  7UDQVIHUULQJDUHFLSHGDWDUHFRUGWRWKH3/&  8VLQJWKHVLPSOHUHFLSHYLHZ  2YHUYLHZ  &UHDWLQJDUHFLSHGDWDUHFRUG  (GLWLQJDUHFLSHGDWDUHFRUG 'HOHWLQJDUHFLSHGDWDUHFRUG 5HDGLQJDUHFLSHGDWDUHFRUGIURPWKH3/&  7UDQVIHUULQJDUHFLSHGDWDUHFRUGWRWKH3/&  ([SRUWLQJDUHFLSHGDWDUHFRUG ,PSRUWLQJDUHFLSHGDWDUHFRUG([DPSOHV  (QWHULQJDUHFLSHGDWDUHFRUG  0DQXDOSURGXFWLRQVHTXHQFH &ORVLQJWKHSURMHFW  6HUYLFHDQGPDLQWHQDQFH   0DLQWHQDQFHDQGFDUH  6SDUHSDUWVDQGUHSDLUV  7HFKQLFDOVSHFLILFDWLRQV  'LPHQVLRQGUDZLQJV 0RELOH3DQHO),:/$1 &KDUJLQJVWDWLRQ 7UDQVSRQGHU 5),'WDJ 6SHFLILFDWLRQV 0RELOH3DQHO),:/$1 ,QWHUIDFHGHVFULSWLRQ 0DLQEDWWHU\  &KDUJLQJVWDWLRQ 7UDQVSRQGHU 5),'WDJ :/$1UDGLDWLRQFKDUDFWHULVWLFVRIWKH+0,GHYLFH 5DGLDWLRQFKDUDFWHULVWLFVLQWKH*+]EDQG 5DGLDWLRQFKDUDFWHULVWLFVLQWKH*+]EDQG 5DGLDWLRQFKDUDFWHULVWLFVRIWKHWUDQVSRQGHUV\VWHP 5DGLDWLRQFKDUDFWHULVWLFRI+0,GHYLFH  5DGLDWLRQFKDUDFWHULVWLFRIWKHWUDQVSRQGHU $ $SSHQGL[ ENGLISH27.07.2010
7DEOHRIFRQWHQWV  0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$($ (6'JXLGHOLQH  $ 7\SLFDORSHUDWLQJSURFHGXUHVDQGSRWHQWLDOIDXOWVFHQDULRV $ 2YHUYLHZ  $ 6ZLWFKRQWKH+0,GHYLFH $ ,QWHJUDWLQJWKH+0,GHYLFH  $ 2SHUDWLQJWKHWUDQVSRQGHUV\VWHP $ 'HWHFWLQJWKHHIIHFWLYHUDQJH  $ /RJJLQJRQWRDPDFKLQH $ ([LWLQJWKHHIIHFWLYHUDQJHZLWKRXWORJRII  $ /RJJLQJRIIWKHPDFKLQH $ $FWLYDWLQJRYHUULGHPRGH $ 7HUPLQDWLQJRYHUULGHPRGH $ 2SHUDWLQJ5),'WDJV\VWHP $ /RJJLQJRQWRDPDFKLQH $ /HDYLQJDSURWHFWLRQ]RQHZLWKRXWORJJLQJRII $ /RJJLQJRIIWKHPDFKLQH $ )DXOW\RSHUDWLQJVWDWHV $ &RPPXQLFDWLRQHUURUIRUWKHLQWHJUDWHG+0,GHYLFH  $ &RPPXQLFDWLRQHUURUVZLWKORJJHGRQ+0,GHYLFH  $ ,QWHUQDOHUURU $ 'LVFUHSDQF\HUURUGXULQJDJUHHPHQWRUSDQLF $ 7KHHQDEOLQJEXWWRQLVDVNHZ  $ 7KHHQDEOLQJEXWWRQLVGHIHFWLYH  $ 5HPRYLQJWKH+0,GHYLFH $ 6ZLWFKLQJRIIWKH+0,GHYLFH $ ([DPSOHRIDSSOLFDWLRQIRUWUDQVSRQGHUV\VWHP $ &RQILJXUDWLRQDQGRSHUDWLRQ $ &RQILJXULQJWKHFRQWUROOHUDQG+0,GHYLFHLQ67(3  $ 6DIHW\SURJUDP6'LVWULEXWHG6DIHW\ $ $SSOLFDWLRQH[DPSOH5),'WDJV\VWHP $ &RQILJXUDWLRQDQGRSHUDWLRQ $ &RQILJXULQJWKHFRQWUROOHUDQG+0,GHYLFHLQ67(3  $ 6DIHW\SURJUDP6'LVWULEXWHG6DIHW\ $ 6DIHW\UHODWHGPHVVDJHV  $ 7UDQVSRQGHUV\VWHP  $ 5),'WDJV\VWHP  $ 6\VWHPDODUPV  % $EEUHYLDWLRQV  *ORVVDU\   ,QGH[ REVIEWENGLISH27.07.2010
0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 2YHUYLHZ  3URGXFWRYHUYLHZ([SDQGHGSRVVLEOHILHOGVRIDSSOLFDWLRQದZLWK0RELOH3DQHO),:/$17KH0RELOH3DQHO),:/$1LVXVHGDVD+0,GHYLFHLQIDLOVDIHDXWRPDWLRQV\VWHPV$IDLOVDIHDXWRPDWLRQV\VWHPLVUHTXLUHGLQV\VWHPVZLWKLQFUHDVHGVDIHW\UHTXLUHPHQWV:LWKWKH0RELOH3DQHO),:/$1WKHV\VWHPFDQEHRSHUDWHGLQWKHIDLOVDIHPRGHZLWK(0(5*(1&<6723EXWWRQDQGHQDEOLQJEXWWRQZLWKRXWGLVUXSWLQJOLQHV7KH+0,GHYLFHFRPPXQLFDWHVZLWKWKH)&38YLD:/$1:LWKWKH0RELOH3DQHO),:/$19LVHTXLSSHGZLWKDQHIIHFWLYHUDQJHV\VWHP'HSHQGLQJRQWKHORFDWLRQWKHRSHUDWRUUHFHLYHVDVHFXUHHOHFWURQLFDOO\PRQLWRUHGRSHUDWRUFRQWUROHQDEOHIRUDPDFKLQH:LWK0RELOH3DQHO),:/$15),'7DJWKHORJJLQJRQWRWKHPDFKLQHRFFXUVWKURXJKDQ5),'7DJ7KH0RELOH3DQHO),:/$1LVFKDUDFWHUL]HGE\VKRUWFRPPLVVLRQLQJWLPHVDODUJHXVHUPHPRU\DQGKLJKSHUIRUPDQFHDQGLVRSWLPL]HGIRUSURMHFWVEDVHGRQ:LQ&&IOH[LEOH7KH0RELOH3DQHO),:/$1KDVWKHIROORZLQJIHDWXUHVჀ6DIHW\UHODWHGRSHUDWRUFRQWUROVದ(0(5*(1&<6723EXWWRQದ(QDEOLQJEXWWRQჀ:LUHOHVVRSHUDWLRQZLWKದ,:/$1LQWHUIDFHYLD352),1(7ದ%DWWHU\RSHUDWLRQჀ+LJK&RORU7)7'LVSOD\ჀIXQFWLRQNH\VZLWK/('Ⴠ([WHQGHG+0,IXQFWLRQV 6FRSHRIGHOLYHU\6FRSHRIGHOLYHU\7KHVFRSHRIGHOLYHU\LQFOXGHVჀ0RELOH3DQHO),:/$1ჀPDLQUHFKDUJHDEOHEDWWHU\ჀDFFHVVRU\NLW$GGLWLRQDOGRFXPHQWVPD\EHLQFOXGHGLQWKHVFRSHRIGHOLYHU\REVIEWENGLISH27.07.2010
2YHUYLHZ 0RELOH3DQHO),:/$1 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 0RELOH3DQHO),:/$17KH0RELOH3DQHO),:/$1LVDYDLODEOHLQWZRGHVLJQYDULDWLRQVჀ:LWKHQDEOLQJEXWWRQDQG(0(5*(1&<6723EXWWRQჀ:LWKHQDEOLQJEXWWRQ(0(5*(1&<6723EXWWRQKDQGZKHHONH\RSHUDWHGVZLWFKDQGWZRLOOXPLQDWHGSXVKEXWWRQV7KH0RELOH3DQHO),:/$1ZRUNVZLUHOHVVLQEDWWHU\PRGHRUSOXJJHGLQWRDFKDUJLQJVWDWLRQ)URQWYLHZ7KHIROORZLQJILJXUHVKRZVWKH0RELOH3DQHO),:/$1ZLWKLWVPD[LPXPHTXLSPHQW཰ +DQGZKHHORSWLRQDOཱ (0(5*(1&<6723EXWWRQི /('GLVSOD\ཱི 0HPEUDQHNH\ERDUGུ 'LVSOD\ZLWKWRXFKVFUHHQཱུ .H\212))ྲྀ &RYHUVIRUWKHODEHOLQJVWULSVIRUWKHVORWRSHQLQJVཷ ,OOXPLQDWHGSXVKEXWWRQRSWLRQDOླྀ .H\RSHUDWHGVZLWFKRSWLRQDOREVIEWENGLISH27.07.2010
2YHUYLHZ0RELOH3DQHO),:/$10RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 6LGHYLHZ཰ )DOOSURWHFWLRQIRUWKH(0(5*(1&<6723EXWWRQཱ (QDEOLQJEXWWRQVSRVLWLRQHGRQERWKVLGHVRIWKH0RELOH3DQHO),:/$1ི +DQGOH5HDUYLHZHUJ¦Q]HQ཰ +DQGOHཱ1DPHSODWHི %DWWHU\FRPSDUWPHQWFRYHUཱི &RQQHFWLRQFRPSDUWPHQWFRYHUུ &RQWDFWVIRUFKDUJLQJVWDWLRQཱུ 86%FRQQHFWLRQྲྀ &RQQHFWLRQIRUSRZHUVXSSO\REVIEWENGLISH27.07.2010
2YHUYLHZ $FFHVVRU\NLW 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( $FFHVVRU\NLW7KHDFFHVVRU\NLWFRQWDLQVჀFRYHUFDSZLWKUXEEHUVHDOჀVFUHZIRUIL[LQJWKHFRYHUFDSჀODEHOIRUFRYHUFDSVჀGDWDFDUULHUZLWKWKHIROORZLQJFRQWHQW)PRGXOHV))%VIRUDVDIHW\UHODWHGSURMHFW$GGLWLRQDOGRFXPHQWVPD\EHHQFORVHGZLWKWKHDFFHVVRU\NLW $FFHVVRULHV7KHDFFHVVRU\FDQEHRUGHUHGIURPWKH,QWHUQHWDW,QGXVWU\0DOOKWWSPDOODXWRPDWLRQVLHPHQVFRPჀ/DEHOLQJVWULSV/DEHOLQJVWULSVVHUYHIRUWKHSURMHFWRULHQWHGODEHOLQJRIIXQFWLRQNH\VRQWKH+0,GHYLFH6WLFNHUVIRUWKHFRYHUFDSVFDQDOVREHVXSSOLHGLQDGGLWLRQWRWKHODEHOLQJVWULSV7KHFRYHUFDSVFRYHUWKHVORWRSHQLQJVIRUWKHODEHOLQJVWULSV2UGHUQXPEHU$9%)$;Ⴠ5HSODFHPHQWNH\VHW7KHUHSODFHPHQWNH\VHWFRQWDLQVWZRNH\VIRUWKHNH\VZLWFK2UGHUQXPEHU$9$*$$Ⴠ0DLQEDWWHU\7KHPDLQUHFKDUJHDEOHEDWWHU\VXSSOLHVSRZHUWRWKH+0,GHYLFH2UGHUQXPEHU$9&/$;Ⴠ3URWHFWLYHIRLO7KHSURWHFWLYHIRLOSUHYHQWVWKHWRXFKVFUHHQIURPEHFRPLQJVFUDWFKHGRUVRLOHG2UGHUQXPEHU$9%&$;Ⴠ6HUYLFHSDFNDJHIRUWKH+0,GHYLFH2UGHUQXPEHU$9&$$;7KHVHUYLFHSDFNLQFOXGHVದ&RYHUFDSVದ%DWWHU\FRPSDUWPHQWFRYHUREVIEWENGLISH27.07.2010
2YHUYLHZ (TXLSPHQWIRU+0,GHYLFHDQGSODQW0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( Ⴠ0HPRU\FDUG2QO\XVH6'PHPRU\FDUGVWHVWHGDQGDSSURYHGE\6LHPHQV$*RU0LFUR0HPRU\FDUGV1RWH7KH0LFUR0HPRU\FDUGRIWKH6,0$7,&6FRQWUROOHULVQRWVXLWHGIRUXVHZLWKWKLV+0,GHYLFHჀ86%)ODVKGULYHIRU6,0$7,&3&7KH86%)ODVKGULYHIRU6,0$7,&3&LVDPRELOHGDWDVWRUDJHGHYLFHZLWKDKLJKGDWDWKURXJKSXWGHVLJQHGIRULQGXVWULDOXVH (TXLSPHQWIRU+0,GHYLFHDQGSODQW7KHIROORZLQJGHYLFHVDUHQHHGHGIRUWKH+0,GHYLFHDQGIRUIDLOVDIHRSHUDWLRQRIDSODQWჀ+0,GHYLFHದ&KDUJLQJVWDWLRQದ3RZHUVXSSO\XQLWRSWLRQDOჀ3ODQWದ5),'WDJRUWUDQVSRQGHUದ$FFHVVSRLQWದ6LJQDOODPSRSWLRQDOದ6HFXULW\V\VWHPVRSWLRQDO7KHGHYLFHVOLVWHGDUHQRWLQFOXGHGLQWKHVFRSHRIGHOLYHU\RIWKH+0,GHYLFH2UGHUWKHVHGHYLFHVVHSDUDWHO\<RXFDQILQGRUGHULQIRUPDWLRQRQWKH,QWHUQHWDW,QGXVWU\0DOOKWWSPDOODXWRPDWLRQVLHPHQVFRPREVIEWENGLISH27.07.2010
2YHUYLHZ (TXLSPHQWIRU+0,GHYLFHDQGSODQW 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( &KDUJLQJVWDWLRQ7KHFKDUJLQJVWDWLRQLVXVHGWRFKDUJHWKHPDLQEDWWHU\LQWKH+0,GHYLFHDQGWRVDIHO\VWRUHWKH+0,GHYLFH7KHFKDUJLQJVWDWLRQLVGHVLJQHGWREHXVHGLQWKHV\VWHP2UGHUQXPEHU$9&($;཰ /RFNཱ +RRNIRUKRRNLQJLQWKH+0,GHYLFHི &KDUJLQJFRPSDUWPHQWIRURQHPDLQEDWWHU\ཱི &KDUJLQJFRQWDFWIRUWKH+0,GHYLFHུ /('GLVSOD\ཱུ 3RZHUVXSSO\FRQQHFWRU2QWKHXQGHUVLGHRIWKHFKDUJLQJVWDWLRQ\RXZLOOILQGWKHVORWIRUSRZHUVXSSO\$FFHVVRU\NLW7KHDFFHVVRU\NLWFRQWDLQVჀORFNჀNH\VHWIRUORFNჀFDEOHFRQQHFWRU7KHDFFHVVRU\NLWFDQLQFOXGHGRFXPHQWVREVIEWENGLISH27.07.2010
2YHUYLHZ (TXLSPHQWIRU+0,GHYLFHDQGSODQW0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  3RZHUVXSSO\XQLW7KHSRZHUVXSSO\XQLWHQVXUHVWKHSRZHUVXSSO\RIWKHFKDUJLQJVWDWLRQ7KHSRZHUVXSSO\XQLWFDQEHXVHGLQDQG9$&SRZHUQHWZRUNV7KHVHWWLQJRIWKHYROWDJHUDQJHWDNHVSODFHDXWRPDWLFDOO\7KHRXWSXWYROWDJHLV9'&཰ 3RZHU/('ཱ &RQQHFWLQJFDEOHི 3RZHUVXSSO\XQLWཱི 3RZHUVXSSO\FDEOH2UGHUQXPEHU$9&17$7KHSRZHUVXSSO\XQLWLVSURYLGHGZLWKIRXUSRZHUVXSSO\FDEOHVZLWKSOXJVIRUWKHIROORZLQJUHJLRQVჀ(XURSHჀ$VLDჀ1RUWK$PHULFDჀ8QLWHG.LQJGRPRI*UHDW%ULWDLQDQG1RUWKHUQ,UHODQG5HDGWKHUHOHYDQWGRFXPHQWDWLRQREVIEWENGLISH27.07.2010
2YHUYLHZ (TXLSPHQWIRU+0,GHYLFHDQGSODQW 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 5),'WDJ7KH5),'WDJLVUHTXLUHGWRORJRQWRDPDFKLQH7KH5),'WDJLVD0'6'PRELOHGDWDVWRUDJHXQLW2UGHUQXPEHU*7$'7KH5),'WDJLQFOXGHVWKHIROORZLQJDFFHVVRULHVჀ6SDFHU2UGHUQXPEHU*7$$Ⴠ)L[LQJSRFNHW2UGHUQXPEHU*7$%$EVWDQGVKDOWHU%HIHVWLJXQJVWDVFKH$OWHUQDWLYH$OWHUQDWLYHWRWKHPRELOHGDWDPHGLXP0'6'\RXFDQDOVRXVHWKHPRELOHGDWDPHGLXP0'6'ZLWKWKHRUGHUQXPEHU*7$&7KHHIIHFWLYHUDQJHRIWKH0'6'LQFRQQHFWLRQZLWKWKH+0,GHYLFHLVRQO\FP7KXVWKH0'6'LVSUHIHUUHG$OORIWKHIROORZLQJGHVFULSWLRQRIDQ5),'WDJV\VWHPLQWKLVGRFXPHQWUHTXLUHWKHXVDJHRIWKHPRELOHGDWDPHGLXP0'6'REVIEWENGLISH27.07.2010
2YHUYLHZ (TXLSPHQWIRU+0,GHYLFHDQGSODQW0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  7UDQVSRQGHU$WUDQVSRQGHULVUHTXLUHGIRUVHWWLQJXSHIIHFWLYHUDQJHVLQSODQWVZLWKIDLOVDIHRSHUDWLRQDQGIRUFRQILJXUHG]RQHV/DEHOILHOG2UGHUQXPEHU$9&($;$FFHVVRU\NLW7KHDFFHVVRU\NLWFRQWDLQVჀ$$PLJQRQEDWWHULHV97KHDFFHVVRU\NLWFDQLQFOXGHGRFXPHQWV $FFHVVSRLQW7KHDFFHVVSRLQWLVQHHGHGIRUWKH:/$17KHDFFHVVSRLQWVHUYHVDVDJDWHZD\EHWZHHQWKHZLUHOHVVDQGZLUHGQHWZRUNENGLISH27.07.2010
2YHUYLHZ &RPSDWLELOLW\RIHTXLSPHQW 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(7RXVHWKHIXQFWLRQL3&)0&IRU5DSLG5RDPLQJ\RXQHHGDQDFFHVVSRLQWZLWKWZRUDGLRLQWHUIDFHVRIWKHW\SH6&$/$1&(:[55DQGILUPZDUHYHUVLRQ9:HUHFRPPHQGWKHIROORZLQJDFFHVVSRLQWVIRURSHUDWLRQZLWKWKH+0,GHYLFH'HVLJQDWLRQ 1XPEHURI:/$1LQWHUIDFHV$QWHQQD L3&)0&5DSLGURDPLQJ2UGHUQXPEHU6&$/$1&(: ([WHUQDO 1R *.$$$$*.$$$%6&$/$1&(:352 ,QWHUQDO 1R *.%$$$*.%$$%6&$/$1&(:55 ,QWHUQDO <HV *.%$$$*.%$$%6&$/$1&(:352 ([WHUQDO 1R *.$$$$*.$$$%6&$/$1&(:55 ([WHUQDO <HV *.$$$$*.$$$%6&$/$1&(:352 ,QWHUQDO 1R *.%$$$*.%$$%6&$/$1&(:55 ,QWHUQDO <HV *.%$$$*.%$$%6&$/$1&(:55 ([WHUQDO <HV *.$$$$*.$$$% 86YHUVLRQ5HDGWKHUHOHYDQWGRFXPHQWDWLRQ$GGLWLRQDODFFHVVSRLQWVDQG:/$1SURGXFWVDUHDYDLODEOHLQWKH,QWHUQHWDW,QGXVWU\0DOOKWWSPDOODXWRPDWLRQVLHPHQVFRP &RPSDWLELOLW\RIHTXLSPHQW)RUDOOYHUVLRQVRIWKHPRELOHSDQHO),:/$1WKHIROORZLQJGHYLFHVDUHFRPSDWLEOHჀ&KDUJLQJVWDWLRQჀ0DLQEDWWHU\Ⴠ3RZHUVXSSO\XQLW7KHIROORZLQJDSSOLHVIRUWKHWUDQVSRQGHUჀ7UDQVSRQGHUIRUWKH0RELOH3DQHO),:/$197KHVHFDQQRWEHXVHGIRUD0RELOH3DQHO),:/$19Ⴠ7UDQVSRQGHUIRUWKH0RELOH3DQHO),:/$197KHVHFDQEHXVHGZLWKRXWOLPLWDWLRQVENGLISH27.07.2010
2YHUYLHZ &RPPXQLFDWLRQDQGDSSURYHGFRQWUROOHUV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  &RPPXQLFDWLRQDQGDSSURYHGFRQWUROOHUV1XPEHURIFRPPXQLFDWLRQFRQQHFWLRQV&RPPXQLFDWLRQOLQN 0RELOH3DQHO),:/$14XDQWLW\PD[ $SSURYHG3/&V7KH+0,GHYLFHKDVEHHQHQDEOHGIRUXVHZLWKWKHIROORZLQJW\SHRI3/&Ⴠ6,0$7,&6Ⴠ$OOHQ%UDGOH\(,3&/RJL[127,&(6DIHW\UHODWHGFRPPXQLFDWLRQ$QRQIDLOVDIHFRQWUROOHUFDQQRWHQVXUHVDIHW\UHODWHGFRPPXQLFDWLRQ$6,0$7,&6)3/&LVUHTXLUHGIRUVDIHW\UHODWHGFRPPXQLFDWLRQ$SSURYHGSURWRFROV7KH+0,GHYLFHXVHVWKHIROORZLQJSURWRFROIRUFRPPXQLFDWLRQZLWKWKH3/&Ⴠ352),VDIH0RGH9 6RIWZDUHUHTXLUHPHQWV<RXQHHGWKHIROORZLQJVRIWZDUHIRUIDLOVDIHRSHUDWLRQჀ:LQ&&IOH[LEOH63ZLWK+630RELOH3DQHO:LUHOHVV9Ⴠ6,0$7,&67(39DVRI63Ⴠ6,0$7,&6'LVWULEXWHG6DIHW\9DVRI63RSWLRQSDFNDJH6RIWZDUHRSWLRQVIRUWKH+0,GHYLFHჀ:LQ&&IOH[LEOH6P#UW6HUYLFH7KH6P#UW6HUYLFHRSWLRQHQDEOHV\RXWRDFFHVVDUHPRWH+0,GHYLFHIURPWKH+0,GHYLFHRU3&YLD(WKHUQHW5HDGRQO\DFFHVVRQWKHUHPRYHG+0,GHYLFHLVSRVVLEOHჀ:LQ&&IOH[LEOH6P#UW$FFHVV7KH6P#UW$FFHVVRSWLRQHQDEOHV\RXWRVHWXSFRPPXQLFDWLRQEHWZHHQGLIIHUHQW+0,V\VWHPVჀ:LQ&&IOH[LEOH$XGLW7KH$XGLWRSWLRQH[WHQGVWKH+0,GHYLFHWRLQFOXGHIXQFWLRQVIRUUHFRUGLQJRSHUDWLRQVLQDQDXGLWWUDLODQGHOHFWURQLFVLJQDWXUHREVIEWENGLISH27.07.2010
2YHUYLHZ 6XSSRUWHG:LQ&&IOH[LEOHREMHFWV 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 6XSSRUWHG:LQ&&IOH[LEOHREMHFWV7KHIROORZLQJWDEOHVFRQWDLQWKHPD[LPXPQXPEHURIREMHFWV\RXFDQXVHZLWKWKH+0,GHYLFHLQDSURMHFW1RWH7KHPD[LPXPQXPEHURIPXOWLSOHREMHFWVXVHGVLPXOWDQHRXVO\FDQDIIHFWWKHSHUIRUPDQFHRIWKHDFWLYH:LQ&&IOH[LEOHSURMHFW$ODUPV2EMHFW 6SHFLILFDWLRQ +0,GHYLFH1XPEHURIGLVFUHWHDODUPV 1XPEHURIDQDORJDODUPV /HQJWKRIWKHDODUPWH[W FKDUDFWHUV1XPEHURIWDJVLQDQDODUP 0D[/('V $ODUPOLQH$ODUPZLQGRZ$ODUPYLHZ$FNQRZOHGJHHUURUDODUPVLQGLYLGXDOO\ <HV$FNQRZOHGJHVHYHUDOHUURUDODUPVVLPXOWDQHRXVO\JURXSDFNQRZOHGJPHQWRIDODUPJURXSVDODUPJURXSV(GLWDODUP <HV$ODUP$ODUPLQGLFDWRU <HV$/$50B6 'LVSOD\6DODUPV <HV$ODUPEXIIHUFDSDFLW\ DODUPV6LPXOWDQHRXVO\TXHXHGDODUPHYHQWV 0D[9LHZDODUP <HV'HOHWHDODUPEXIIHU <HV$ODUPEXIIHUUHWHQWLYH/LQHE\OLQHSULQWLQJRIDODUPV <HV7DJVYDOXHVDQGOLVWV2EMHFW 6SHFLILFDWLRQ +0,GHYLFH7DJ 1XPEHU /LPLWYDOXHPRQLWRULQJ ,QSXW2XWSXW <HV/LQHDUVFDOLQJ ,QSXW2XWSXW <HV7H[WOLVW 1XPEHU *UDSKLFVOLVW 1XPEHU  7KHPD[LPXPWRWDORIWH[WDQGJUDSKLFVOLVWVLVREVIEWENGLISH27.07.2010
2YHUYLHZ6XSSRUWHG:LQ&&IOH[LEOHREMHFWV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 6FUHHQV2EMHFW 6SHFLILFDWLRQ +0,GHYLFH1XPEHU )LHOGVSHUVFUHHQ 7DJVSHUVFUHHQ &RPSOH[REMHFWVSHUVFUHHQIRUH[DPSOHEDUV6FUHHQ7HPSODWH <HV5HFLSHV2EMHFW 6SHFLILFDWLRQ +0,GHYLFH1XPEHU 'DWDUHFRUGVSHUUHFLSH (QWULHVSHUUHFLSH 5HFLSHPHPRU\ .%5HFLSH/RFDWLRQ 0HPRU\FDUG86%VWLFN1HWZRUNGULYH 7KHQXPEHURIUHFLSHGDWDUHFRUGVPLJKWEHUHVWULFWHGE\WKHFDSDFLW\RIWKHVWRUDJHPHGLXP/RJV127,&(/RJJLQJ7KH+0,GHYLFHLVVXLWDEOHIRUORJJLQJVPDOOYROXPHVRIGDWD7KHXVHRIDODUJHFLUFXODUORJKDVDQHJDWLYHHIIHFWRQSHUIRUPDQFH,QRUGHUWRORJODUJHUDPRXQWVRIGDWDXVHVHJPHQWHGFLUFXODUORJVZLWKPXOWLSOHVHTXHQWLDOORJV2EMHFW 6SHFLILFDWLRQ +0,GHYLFH1XPEHURIORJV 1XPEHURISDUWLDOORJVLQDVHJPHQWHGFLUFXODUORJ(QWULHVLQHDFKORJLQFOXGLQJDOOSDUWLDOORJV /RJV)LOLQJIRUPDW &69ZLWK$16,FKDUDFWHUVHWREVIEWENGLISH27.07.2010
2YHUYLHZ 6XSSRUWHG:LQ&&IOH[LEOHREMHFWV 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(2EMHFW 6SHFLILFDWLRQ +0,GHYLFH/RFDWLRQ 0HPRU\FDUG86%VWLFN1HWZRUNGULYH 7KHQXPEHURIHQWULHVLQWKHORJPD\EHUHVWULFWHGE\WKHFDSDFLW\RIWKHVWRUDJHPHGLXP6DIHW\2EMHFW 6SHFLILFDWLRQ +0,GHYLFH1XPEHURIXVHUJURXSV 1XPEHURIXVHUV 8VHUDGPLQLVWUDWLRQ1XPEHURIDXWKRUL]DWLRQV ,QIRWH[WV2EMHFW 6SHFLILFDWLRQ +0,GHYLFH/HQJWKQRRIFKDUDFWHUV GHSHQGLQJRQIRQW)RUDODUPV <HV)RUVFUHHQV <HV,QIRWH[W)RUVFUHHQREMHFWVIRUH[DPSOHIRU,2ILHOGVZLWFKEXWWRQLQYLVLEOHEXWWRQ<HV$GGLWLRQDOIXQFWLRQV2EMHFW 6SHFLILFDWLRQ +0,GHYLFH0RQLWRUVHWWLQJ 7RXFKVFUHHQFDOLEUDWLRQ%ULJKWQHVVVHWWLQJ<HV<HV/DQJXDJHFKDQJH 1XPEHURIODQJXDJHV 8VHUVSHFLILFH[WHQVLRQRIWKHIXQFWLRQDOLW\ <HV9%6FULSW1XPEHURIVFULSWV *UDSKLFREMHFW 9HFWRUDQGSL[HOJUDSKLFV <HV7UHQG 1XPEHU 7DVNSODQQHU 1XPEHURIWDVNV 7H[WREMHFW 1XPEHU 'LUHFWNH\ 352),1(7,2GLUHFWNH\V <HVREVIEWENGLISH27.07.2010
2YHUYLHZ6XSSRUWHG:LQ&&IOH[LEOHREMHFWV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 'HYLFHVSHFLILFIXQFWLRQV2EMHFW 6SHFLILFDWLRQ +0,GHYLFH0DLQEDWWHU\ 'LVSOD\LQJWKHEDWWHU\FKDUJHVWDWXV <HV:/$1TXDOLW\ 'LVSOD\LQJ:/$1TXDOLW\ <HV(IIHFWLYHUDQJH5),'QDPH'LVSOD\HIIHFWLYHUDQJHQDPH <HV(IIHFWLYHUDQJHQDPH 'LVSOD\HIIHFWLYHUDQJHQDPH <HV(IIHFWLYHUDQJHTXDOLW\ 'LVSOD\LQJWKHHIIHFWLYHUDQJHTXDOLW\ <HV=RQHQDPH 'LVSOD\LQJ]RQHQDPHV <HV=RQHTXDOLW\ 'LVSOD\LQJ]RQHTXDOLW\ <HV $SSOLHVIRU0RELOH3DQHO),:/$15),'7DJ $SSOLHVIRU0RELOH3DQHO),:/$1)XQFWLRQVIRUWUDQVSRQGHUV\VWHP&RQILJXUDWLRQ1XPEHURIWUDQVSRQGHUVLQWKHSURMHFWPD[LPXP 1XPEHURIHIIHFWLYHUDQJHVLQWKHSURMHFWPD[LPXP 1XPEHURIWUDQVSRQGHUVLQWKHHIIHFWLYHUDQJHPD[LPXP 1XPEHURI+0,GHYLFHVZLWKORJRQDXWKRUL]DWLRQSHUHIIHFWLYHUDQJHZKHQXVLQJ)B)%B51*BPD[LPXP+0,GHYLFHV1XPEHURI+0,GHYLFHVZLWKORJRQDXWKRUL]DWLRQSHUHIIHFWLYHUDQJHZKHQXVLQJ)B)%B51*BPD[LPXP+0,GHYLFHV)XQFWLRQVIRU5),'WDJV\VWHP&RQILJXUDWLRQ1XPEHURI5),'WDJVLQWKHSURMHFWPD[LPXP 1XPEHURISURWHFWLRQ]RQHVLQWKHSURMHFWPD[LPXP 1XPEHURI5),'WDJVSHUSURWHFWLRQ]RQHPD[LPXP 1XPEHURI+0,GHYLFHVZLWKORJRQDXWKRUL]DWLRQSHUSURWHFWLRQ]RQHZKHQXVLQJ)B)%B51*BPD[LPXP+0,GHYLFHV1XPEHURI+0,GHYLFHVZLWKORJRQDXWKRUL]DWLRQSHUSURWHFWLRQ]RQHZKHQXVLQJ)B)%B51*BPD[LPXP+0,GHYLFHV )B)%)DLOVDIHIXQFWLRQEORFNREVIEWENGLISH27.07.2010
2YHUYLHZ &RQILJXUDWLRQDQGSURFHVVFRQWUROSKDVHV 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( &RQILJXUDWLRQDQGSURFHVVFRQWUROSKDVHV<RXPXVWIROORZWKHSKDVHVEHORZLQRUGHUWRXVHDQ+0,GHYLFHLQWKHV\VWHPჀ&RQILJXUDWLRQSKDVHჀ3URFHVVFRQWUROSKDVH&RQILJXUDWLRQSKDVH7KHFRQILJXUDWLRQSKDVHFRQVLVWVRIWKHIROORZLQJRSHUDWLRQVჀ&UHDWHSURMHFWჀ7UDQVIHUULQJDSURMHFW&RQILJXULQJ3&6DIHW\UHODWHGSURMHFW0RELOH3DQHO),:/$1Ⴠ$FFHSWSURMHFWದGHWHUPLQHFKHFNVXPჀ7HVWSURMHFWჀ6LPXODWHSURMHFWჀ6DYHSURMHFW3URFHVVFRQWUROSKDVH7KHSURFHVVFRQWUROSKDVHLQFOXGHVRSHUDWLRQDQGPRQLWRULQJRIDFWLYHSURGXFWLRQSURFHVVHVZLWKWKH+0,GHYLFH7KH+0,VFUHHQVRQWKH+0,GHYLFHYLVXDOL]HWKHSURGXFWLRQSURFHVV7KHIROORZLQJILJXUHVKRZVDQH[DPSOHFRQILJXUDWLRQRIDSODQWFRQWUROV\VWHPZKLFKLVRSHUDWHGZLWKD0RELOH3DQHO),:/$1REVIEWENGLISH27.07.2010
2YHUYLHZ5DQJHVLQDWUDQVSRQGHUV\VWHP0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( )DLOVDIHGHYLFHV6,0$7,&6)31'3352),1(7,2FRQWUROOHU6WDQGDUG+RVW3/&352),1(7,2FRQWUROOHU(7b6VWDWLRQZLWK,031,2352),1(7,2GHYLFH352),1(76&$/$1&($FFHVV3RLQW6,0$7,&6)0RELOH3DQHO) ,:/$1352),1(7,2'HYLFH 5DQJHVLQDWUDQVSRQGHUV\VWHP,QDSODQWIRUIDLOVDIHRSHUDWLRQZLWKWUDQVSRQGHUORJRQVWKHUHDUHWKHIROORZLQJUDQJHVჀ:/$1IRUFRPPXQLFDWLRQEHWZHHQDIDLOVDIHFRQWUROOHUDQG+0,GHYLFHჀ(IIHFWLYHUDQJHRIWKHWUDQVSRQGHUIRUORJJLQJRQWRDPDFKLQHჀ7UDQVPLVVLRQDQGUHFHSWLRQUDQJHRIDQ+0,GHYLFHIRUORJJLQJRQWRDPDFKLQH:/$1L:/$1)DLOVDIHFRQWUROOHUDQG+0,GHYLFHFRPPXQLFDWHRYHUWKHUDGLRFHOORIWKHDFFHVVSRLQW7KHDFFHVVSRLQWVHUYHVDVDJDWHZD\EHWZHHQWKHZLUHOHVVDQGZLUHGQHWZRUN7KH:/$1RUL:/$1LQWKHSODQWLVSURYLGHGE\DWOHDVWRQHDFFHVVSRLQW7KHILJXUHEHORZVKRZVDQH[DPSOHRIWKHYDULRXVDUHDVREVIEWENGLISH27.07.2010
2YHUYLHZ 5DQJHVLQDWUDQVSRQGHUV\VWHP 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(352),VDIH཰ 6&$/$1&(:DFFHVVSRLQWཱ &HOORIWKHDFFHVVSRLQWི )DLOVDIHFRQWUROOHUཱི 6LJQDOODPSུ 7UDQVSRQGHUZLWKHIIHFWLYHUDQJHཱུ 3ODQWྲྀ 7UDQVSRQGHUZLWK]RQHཷ :LUHOHVVUDQJHRIWKH+0,GHYLFHླྀ &KDUJLQJVWDWLRQཹ 7UDQVPLVVLRQDQGUHFHSWLRQUDQJHRIWKH+0,GHYLFHེ +0,GHYLFH7UDQVSRQGHU7UDQVSRQGHUVDUHXVHGWRVSDQWKHHIIHFWLYHUDQJHVDQG]RQHVZLWKLQWKHSODQW7KHZLUHOHVVUDQJHRIWKHWUDQVSRQGHUFRUUHVSRQGVZLWKWKHHIIHFWLYHUDQJHRU]RQHLQLWVH[SDQVLRQ6HHVHFWLRQ5DGLDWLRQFKDUDFWHULVWLFRIWKHWUDQVSRQGHU3DJHENGLISH27.07.2010
2YHUYLHZ5DQJHVLQDWUDQVSRQGHUV\VWHP0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( (IIHFWLYHUDQJH$QHIIHFWLYHUDQJHLVWKHUDQJHLQZKLFKVHFWLRQVRIWKHV\VWHPIRUH[DPSOHDPDFKLQHFDQEHRSHUDWHGIDLOVDIHZLWKWKHHQDEOLQJEXWWRQVDQGWKH(0(5*(1&<6723EXWWRQ2SHUDWLQJZLWKWKHHQDEOLQJEXWWRQLVQRWSRVVLEOHRXWVLGHRIWKHHIIHFWLYHUDQJH)DLOVDIHRSHUDWLRQLVRQO\SRVVLEOHDIWHUVXFFHVVIXOO\ORJJLQJRQWRDPDFKLQH$VLJQDOODPSLQGLFDWHVZKHWKHUDQ+0,GHYLFHLVORJJHGRQWRDPDFKLQH7KHHIIHFWLYHUDQJHLVDFRQILJXUDEOHREMHFW7KHVL]HRIWKHHIIHFWLYHUDQJHLVGHILQHGLQWKHSURMHFW=RQH$]RQHLVXVHGWRRSHUDWHDQGREVHUYHGHSHQGLQJRQWKHORFDWLRQRIWKHRSHUDWRU)RUH[DPSOHDVFUHHQFKDQJHFDQEHFRQILJXUHGIRUHQWHULQJRUH[LWLQJD]RQH7KHHQDEOLQJEXWWRQVDUHQRWHIIHFWLYH)DLOVDIHRSHUDWLRQLVQRWSRVVLEOHLQD]RQH7KH]RQHLVDFRQILJXUDEOHREMHFWZLWKLQDWUDQVSRQGHUV\VWHP1RWH7KH]RQHDQGHIIHFWLYHUDQJHDUHLQGHSHQGHQWRIHDFKRWKHU)RUIDLOVDIHRSHUDWLRQDWOHDVWRQHHIIHFWLYHUDQJHPXVWEHFRQILJXUHG$]RQHFDQQRWEHFRQILJXUHGIRUIDLOVDIHRSHUDWLRQ7UDQVSRQGHUV\VWHPLQWKHRYHUULGHPRGH,QWKHRYHUULGHPRGHWKHHIIHFWLYHUDQJHPRQLWRULQJLVGLVDEOHGDQGIDLOVDIHRSHUDWLRQLVSRVVLEOHWKURXJKRXWWKHHQWLUH:/$1UDQJH7KHFRPSRQHQWVWKDWDUHRSHUDWHGIDLOVDIHPXVWEHVHSDUDWHGWKURXJKDVDIHW\V\VWHPIRUH[DPSOHDSURWHFWLYHJDWH7KHRYHUULGHPRGHLVXVHGLQWKHIROORZLQJFDVHVჀ&RPSRQHQWVVKRXOGXQGHUJRIDLOVDIHRSHUDWLRQLIWKH\FDQQRWEHUHDFKHGIURPWKHZLUHOHVVUDQJHRIRQHRUPXOWLSOHWUDQVSRQGHUVჀ$FRPSRQHQWVKRXOGEHRSHUDWHGIDLOVDIHIRUZKLFKWKHUHLVDOUHDG\DVDIHW\V\VWHPENGLISH27.07.2010
2YHUYLHZ $UHDVLQD5),'WDJV\VWHP 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(3URWHFWLRQ]RQH7KHSURWHFWLRQ]RQHLVWKHDUHDLQWKHSODQWLQZKLFKRQHRUPRUHPDFKLQHVDUHRSHUDWHGLQIDLOVDIHPRGH7KHSURWHFWLRQ]RQHRIWKHSODQWLVGHPDUFDWHGE\DVHFXULW\V\VWHPDQGRUJDQL]DWLRQDOPHDVXUHV7KHSURWHFWLRQ]RQHLVQQRWDQREMHFWWKDWFDQEHFRQILJXUHG6HFXULW\V\VWHPDQGRUJDQL]DWLRQDOPHDVXUHV7KHVHFXULW\V\VWHPFRQVLVWVRIRQHRUPRUHWHFKQLFDOSURWHFWLRQGHYLFHVIRUWKHSURWHFWLRQ]RQHHJჀ0HVKIHQFHZLWKDFFHVVჀ/LJKWEDUULHUჀ&RQWDFWVDIHW\VKXWRIIPDW7KHVHFXULW\V\VWHPFDQEHFRQWUROOHGE\DVDIHW\SURJUDPVXFKDVDSURJUDPIRUURERWFRQWUROFRQIRUPLQJWRDURERWLFVGLUHFWLYH6HHDOVR$UHDVLQD5),'WDJV\VWHP3DJH $UHDVLQD5),'WDJV\VWHP7KHIROORZLQJDUHDVDUHDYDLODEOHLQDSODQWIRUIDLOVDIHRSHUDWLRQZLWK5),'WDJORJRQჀ:/$1IRUFRPPXQLFDWLRQEHWZHHQDIDLOVDIHFRQWUROOHUDQG+0,GHYLFHჀ(IIHFWLYHUDQJHRIWKH5),'WDJIRUORJJLQJRQWRDPDFKLQHჀ5),'WUDQVPLVVLRQDQGUHFHSWLRQUDQJHRIDQ+0,GHYLFHIRUORJJLQJRQWRDPDFKLQH:/$1L:/$1)DLOVDIHFRQWUROOHUDQG+0,GHYLFHFRPPXQLFDWHRYHUWKHUDGLRFHOORIWKHDFFHVVSRLQW7KHDFFHVVSRLQWVHUYHVDVDJDWHZD\EHWZHHQWKHZLUHOHVVDQGZLUHGQHWZRUN7KH:/$1RUL:/$1LQWKHSODQWLVSURYLGHGE\DWOHDVWRQHDFFHVVSRLQW7KHILJXUHEHORZVKRZVDQH[DPSOHRIWKHYDULRXVDUHDVREVIEWENGLISH27.07.2010
2YHUYLHZ$UHDVLQD5),'WDJV\VWHP0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 352),VDIH཰ 6&$/$1&(:DFFHVVSRLQWཱ &HOORIWKHDFFHVVSRLQWི )DLOVDIHFRQWUROOHUཱི 6LJQDOODPSུ 5),'WDJZLWKHIIHFWLYHUDQJHཱུ 3ODQWྲྀ 3URWHFWLRQ]RQHOLPLWRISURWHFWLRQ]RQHཷ 3URWHFWLRQ]RQHOLPLWRISURWHFWLRQ]RQHླྀ :/$1RIWKH+0,GHYLFHཹ &KDUJLQJVWDWLRQེ 5),'WUDQVPLVVLRQDQGUHFHSWLRQUDQJHRIWKH+0,GHYLFHཻ +0,GHYLFH5),'WDJZLWKHIIHFWLYHUDQJH7KH5),'WDJLVDVWRUDJHGHYLFHIRUDFRQILJXUHG,'7KH,'RIWKH5),'WDJLVUHTXLUHGIRUD+0,GHYLFHWRORJRQWRDPDFKLQH7KH5),'WUDQVPLVVLRQDQGUHFHSWLRQUDQJHRIWKH+0,GHYLFHLVEURXJKWLQWRWKHHIIHFWLYHUDQJHRIWKH5),'WDJLQRUGHUWRORJRQ$VLJQDOODPSLQGLFDWHVZKHWKHUDQ+0,GHYLFHLVORJJHGRQWRDPDFKLQHENGLISH27.07.2010
2YHUYLHZ 5DSLGURDPLQJ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(3URWHFWLRQ]RQH7KHSURWHFWLRQ]RQHLVWKHDUHDLQWKHSODQWLQZKLFKRQHRUPRUHPDFKLQHVDUHRSHUDWHGLQIDLOVDIHPRGH7KHSURWHFWLRQ]RQHRIWKHSODQWLVGHPDUFDWHGE\DVHFXULW\V\VWHPDQGRUJDQL]DWLRQDOPHDVXUHV7KHSURWHFWLRQ]RQHLVQQRWDQREMHFWWKDWFDQEHFRQILJXUHG6HFXULW\V\VWHPDQGRUJDQL]DWLRQDOPHDVXUHV7KHVHFXULW\V\VWHPFRQVLVWVRIRQHRUPRUHWHFKQLFDOSURWHFWLRQGHYLFHVIRUWKHSURWHFWLRQ]RQHHJჀ0HVKIHQFHZLWKDFFHVVჀ/LJKWEDUULHUჀ&RQWDFWVDIHW\VKXWRIIPDW7KHVHFXULW\V\VWHPFDQEHFRQWUROOHGE\DVDIHW\SURJUDPVXFKDVDSURJUDPIRUURERWFRQWUROFRQIRUPLQJWRDURERWLFVGLUHFWLYH 5DSLGURDPLQJ7KHZLUHOHVVUDQJHRIDQL:/$1V\VWHPFDQEHH[SDQGHGWKURXJKWKHXVHRIPXOWLSOHDFFHVVSRLQWV,IDQ+0,GHYLFHPRYHVEH\RQGWKHUDQJHRID6&$/$1&(:[DQGLQWRWKHUDQJHRIDQRWKHU6&$/$1&(:[WKHZLUHOHVVFRQQHFWLRQUHPDLQVLQWDFWURDPLQJ&DSDELOLWLHVSURYLGHGE\L3&),QWKHLQGXVWULDOHQYLURQPHQWWKHUHDUHDSSOLFDWLRQVWKDWUHTXLUHGHWHUPLQLVWLFEHKDYLRUIRUDODUJHQXPEHURISDUWLFLSDQWVDQGKLJKGDWDWKURXJKSXWLQDFHOO,QDGGLWLRQGHWHUPLQLVWLFEHKDYLRULVUHTXLUHGIRUFHOOFURVVRYHUVZLWKKDQGRYHUWLPHVRIOHVVWKDQPLOOLVHFRQGV7KHL3&)H[WHQVLRQ,QGXVWULDO3RLQW&RRUGLQDWLRQ)XQFWLRQZDVGHYHORSHGWRPHHWWKHVHUHTXLUHPHQWVL3&)HQVXUHVWKDWDOOGDWDWUDIILFUXQVLQFRRUGLQDWHGIDVKLRQLQDZLUHOHVVFHOOFRQWUROOHGE\WKHDFFHVVSRLQW,WDOVRRSWLPL]HVWKHWKURXJKSXWZLWKDKLJKQXPEHURISDUWLFLSDQWVE\DYRLGLQJFROOLVLRQVL3&)DOVRIDFLOLWDWHVYHU\IDVWFHOOFKDQJHV6SHFLDOIHDWXUHVSURYLGHGE\L3&)0&L3&)0&ZDVGHVLJQHGWRHQDEOHIUHHPRYLQJSDUWLFLSDQWVWRH[SORLWWKHVSHFLDODGYDQWDJHVSURYLGHGE\L3&)ZKLFKDOORZVFRPPXQLFDWLRQLQGHSHQGHQWRIDQ5&RD[OLQHRUGLUHFWLRQDODQWHQQDV:LWKL3&)0&WKHFOLHQWORRNVIRUSRWHQWLDOO\VXLWDEOHDFFHVVSRLQWVHYHQZKHQLWLVUHFHLYLQJL3&)TXHULHVIURPWKHDFFHVVSRLQWDQGWKHH[LVWLQJFRQQHFWLRQWRDQDFFHVVSRLQWLVIXQFWLRQLQJFRUUHFWO\7KLVPDNHVLWSRVVLEOHWRVZLWFKWRDQRWKHUDFFHVVSRLQWYHU\TXLFNO\LILWEHFRPHVQHFHVVDU\8QOLNHL3&)ZLWKL3&)0&WKHKDQGRYHUWLPHVGRQRWGHSHQGRQWKHQXPEHURIUDGLRFKDQQHOVLQXVH7KHIROORZLQJILJXUHVKRZVDQH[DPSOHRIDSODQWZLWKIRXU:/$1DUHDVREVIEWENGLISH27.07.2010
2YHUYLHZ5DSLGURDPLQJ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 352),VDIH཰ 5DGLRFHOORIDFFHVVSRLQWཱ 5DGLRFHOORIDFFHVVSRLQWི 5DGLRFHOORIDFFHVVSRLQWཱི 5DGLRFHOORIDFFHVVSRLQWུ 3ODQW)RUUDSLGURDPLQJZLWKL3&)0&\RXZLOOUHTXLUHDVXLWDEOHDFFHVVSRLQWದVHHVHFWLRQ$FFHVVSRLQW3DJH:HDOZD\VUHFRPPHQGWKDW\RXDFWLYDWHL3&)RUL3&)0&PRGHIRU31,2FRPPXQLFDWLRQ)RUVWDEOH31,2FRPPXQLFDWLRQD:/$1FOLHQWVKRXOGEHORFDWHGDWDOOWLPHVLQDUDGLRFHOOZLWKDVLJQDOVWUHQJWK!RU!G%P7KLVFDQEHFKHFNHGE\VZLWFKLQJWKHYDULRXVVHJPHQWVRQDQGRII7KLVGRHVQRWPHDQWKDWWKHFOLHQWQHHGVWRFKDQJHRYHUDWDVLJQDOVWUHQJWKRUG%P0DNHVXUHWKDWDVHJPHQWLVDYDLODEOHZLWKDVXIILFLHQWO\SRZHUIXOVLJQDOREVIEWENGLISH27.07.2010
2YHUYLHZ 7HUPVIRUIDLOVDIHRSHUDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(/LPLWDWLRQVGXHWRL3&)0&L3&)0&LVDQLQKRXVHGHYHORSPHQWRIWKH6LHPHQV$*WKDWZLOORQO\ZRUNZLWKSDUWLFLSDQWVLQZKLFKL3&)0&KDVEHHQLQVWDOOHG2SHUDWLQJSULQFLSOHRIL3&)0&L3&)0&XVHVERWKUDGLRLQWHUIDFHVRIWKHDFFHVVSRLQWGLIIHUHQWO\2QHLQWHUIDFHZRUNVDVPDQDJHPHQWLQWHUIDFHDQGVHQGVDEHDFRQHYHU\ILYHPLOOLVHFRQGV7KHRWKHULQWHUIDFHWUDQVPLWVWKHXVHUGDWD7KHIROORZLQJUHTXLUHPHQWVKDYHWREHPHWWRXVHL3&)0&Ⴠ$OO55YHUVLRQVRIWKH6&$/$1&(:DFFHVVSRLQWVZLWKDWOHDVWWZR:/$1LQWHUIDFHVFDQEHXVHGDVDFFHVVSRLQW7KH+0,GHYLFHDQGDOO6&$/$1&(:55YHUVLRQVDUHVXLWHGDVFOLHQWVჀ<RXKDYHWRRSHUDWHWKHPDQDJHPHQWLQWHUIDFHDQGWKHGDWDLQWHUIDFHLQWKHVDPHIUHTXHQF\EDQGWKH\DOVRKDYHWRPDWFKLQWKHLUUDGLRFRYHUDJHL3&)0&ZLOOQRWZRUNLIERWKUDGLRLQWHUIDFHVDUHHTXLSSHGZLWKGLUHFWLRQDODQWHQQDWKHFRYHUGLIIHUHQWDUHDVჀ7KHPDQDJHPHQWLQWHUIDFHVRIDOODFFHVVSRLQWVWKDWDFOLHQWLVWRDFFHVVPXVWXVHWKHVDPHFKDQQHO$FOLHQWZLOORQO\VFDQWKLVRQHFKDQQHOWRILQGDOODYDLODEOHDFFHVVSRLQWVჀ<RXFDQQRWXVHWKHWUDQVPLVVLRQPHWKRGWR,(((KIRUWKHPDQDJHPHQWLQWHUIDFHKFDQEHXVHGIRUWKHGDWDLQWHUIDFH 7HUPVIRUIDLOVDIHRSHUDWLRQ)DLOVDIHDXWRPDWLRQV\VWHP$IDLOVDIHDXWRPDWLRQV\VWHPLVUHTXLUHGLQDSODQWZLWKKLJKVDIHW\UHTXLUHPHQWV,QDQ(0(5*(1&<6723WKHIDLOVDIHDXWRPDWLRQV\VWHPEULQJVWKHSODQWWRDVDIHRSHUDWLQJVWDWHUHJDUGOHVVRIWKHVLWXDWLRQ6KXWGRZQRIWKHSODQWWKHUHIRUHGRHVQRWSRVHDGDQJHUWRSHRSOHRUWKHSODQW)DLOVDIHRSHUDWLRQ7KH+0,GHYLFHUHJLVWHUVVLJQDOVIURPWKH(0(5*(1&<6723EXWWRQDQGWKHHQDEOLQJEXWWRQGXULQJIDLOVDIHRSHUDWLRQ7KHFRQWUROOHUDQGWKH+0,GHYLFHFRPPXQLFDWHZLWKHDFKRWKHUYLD352),VDIH&RQILJXUDWLRQRIWKHVDIHW\IXQFWLRQVLQ67(3ZLWKWKH6,0$7,&6'LVWULEXWHG6DIHW\DGGRQSDFNDJHFDQDFKLHYHIDLOVDIHRSHUDWLRQDFFRUGLQJWR6,/RU3HUIRUPDQFH/HYHOHDQG&DWHJRU\IRUWKH+0,GHYLFHREVIEWENGLISH27.07.2010
2YHUYLHZ7HUPVIRUIDLOVDIHRSHUDWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( ,QWHJUDWLRQDQGUHPRYDOჀ,QWHJUDWLQJ,QWHJUDWLRQPHDQVWRHVWDEOLVKVDIHW\UHODWHGFRPPXQLFDWLRQEHWZHHQWKH+0,GHYLFHDQGWKHIDLOVDIHFRQWUROOHUYLD352),VDIH7KH(0(5*(1&<6723EXWWRQLVHQDEOHGLQLQWHJUDWHGRSHUDWLQJPRGHჀ5HPRYLQJ5HPRYDOPHDQVWRLQWHQWLRQDOO\VWRSVDIHW\UHODWHGFRPPXQLFDWLRQEHWZHHQWKH+0,GHYLFHDQGWKHIDLOVDIHFRQWUROOHUYLD352),VDIH/RJJLQJRQWKH+0,GHYLFH7KH+0,GHYLFHPXVWEHORJJHGRQWRDPDFKLQHLQRUGHUWRRSHUDWHWKHPDFKLQHDIWHULQWHJUDWLRQLQIDLOVDIHRSHUDWLRQZLWKWKHHQDEOLQJEXWWRQ/RJJLQJRQWRWKHPDFKLQHRFFXUVWKURXJKDWUDQVSRQGHURUWKURXJKDQ5),'WDJ/RJJLQJRIIDQ+0,GHYLFH/RJJLQJRIIDQ+0,GHYLFHIURPDPDFKLQHWHUPLQDWHVIDLOVDIHRSHUDWLRQZLWKWKHHQDEOLQJEXWWRQჀ)RUFHGORJRII,IWKHVHFXULW\V\VWHPLVWULJJHUHGIRUH[DPSOHE\WKHRSHUDWRUOHDYLQJWKHSURWHFWLRQ]RQHZLWKRXWORJJLQJRIIDIRUFHGORJRIILVSHUIRUPHGE\WKHPDFKLQH7KH+0,GHYLFHUHYRNHVWKHRSHUDWRUDXWKRUL]DWLRQIRUWKHHQDEOLQJEXWWRQ7KHRSHUDWRULVSURPSWHGWRFRQILUPWKH)RUFHGORJRIIGLDORJჀ$XWRPDWLFORJRIILQWKHHYHQWRIDFRPPXQLFDWLRQHUURU,IDFRPPXQLFDWLRQHUURURFFXUVWKH+0,GHYLFHLVUHPRYHGIURPWKHVDIHW\UHODWHGFRPPXQLFDWLRQ7KH+0,GHYLFHLVDXWRPDWLFDOO\ORJJHGRIIWKHPDFKLQH7KHIDLOVDIHFRQWUROOHUEULQJVWKHSODQWWRDVDIHRSHUDWLQJVWDWHREVIEWENGLISH27.07.2010
2YHUYLHZ 7HUPVIRUIDLOVDIHRSHUDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(6KXWGRZQUHVSRQVHRIWKHSODQWჀ7KHIROORZLQJVKXWGRZQUHVSRQVHRIWKHSODQWDSSOLHVUHJDUGOHVVRIZKHWKHURUQRWWKH+0,GHYLFHLVORJJHGRQWRDPDFKLQHದ(0(5*(1&<6723(0(5*(1&<6723LVDSURFHGXUHWKDWLVLQWHQGHGWRVWRSDSURFHVVRUPRYHPHQWDVVRFLDWHGZLWKGDQJHULQDFFRUGDQFHWR(1$SSHQGL['$Q(0(5*(1&<6723LPPHGLDWHO\VWRSVDOOSDUWVRIWKHSODQWFRQWUROOHGE\WKHIDLOVDIHFRQWUROOHUYLDDVDIHW\SURJUDP7KH(0(5*(1&<6723EXWWRQLVDOZD\VHQDEOHGZKHQWKHUHLV352),VDIHFRPPXQLFDWLRQEHWZHHQ+0,GHYLFHDQGIDLOVDIHFRQWUROOHULHZKHQWKH+0,GHYLFHLVLQWHJUDWHGLQWKH352),VDIHFRPPXQLFDWLRQದ*OREDOUDPSGRZQ$JOREDOUDPSGRZQLVWKHLQWHQWLRQDOVWRSSLQJRIWKHSODQW7KHJOREDOUDPSGRZQLVLQGHSHQGHQWRIWKHDUHD7KHJOREDOUDPSGRZQLVWULJJHUHGE\WKHIDLOVDIHFRQWUROOHUIRUH[DPSOHLIDQHUURURFFXUVZLWKDQ+0,GHYLFHLQWHJUDWHGLQWKH352),VDIHFRPPXQLFDWLRQჀ7KHIROORZLQJVKXWGRZQUHVSRQVHRIWKHSODQWDSSOLHVZKHQWKH+0,GHYLFHLVORJJHGRQWRDPDFKLQHದ/RFDOUDPSGRZQ$ORFDOUDPSGRZQLVWKHLQWHQWLRQDOVWRSSLQJRIDSODQWVHFWLRQE\WKHIDLOVDIHFRQWUROOHU7KHORFDOUDPSGRZQLVWULJJHUHGIRUH[DPSOHZKHQWKHRSHUDWRUOHDYHVWKHSURWHFWLRQ]RQHZLWKRXWORJJLQJRIIYLDDVHFXULW\V\VWHPದ6KXWGRZQ7KHVKXWGRZQLVWULJJHUHGZKHQWKH)&38KDVGHWHFWHGDFRPPXQLFDWLRQHUURUZLWKDQ+0,GHYLFHWKDWLVORJJHGRQWRDPDFKLQH6KXWGRZQLVWKHLPPHGLDWHVWRSRIDOOPDFKLQHU\EHLQJRSHUDWHGLQIDLOVDIHPRGH&RPPXQLFDWLRQHUURU$FRPPXQLFDWLRQHUURURFFXUVZKHQWKHFRPPXQLFDWLRQEHWZHHQ+0,GHYLFHDQGIDLOVDIHFRQWUROOHULVLQWHUUXSWHG$GGLWLRQDOLQIRUPDWLRQLVDYDLODEOHLQWKHVHFWLRQ&RPPXQLFDWLRQHUURUVZLWKORJJHGRQ+0,GHYLFH3DJH6HHDOVR6FRSHRIGHOLYHU\3DJH)DLOVDIHRSHUDWLRQ3DJHENGLISH27.07.2010
0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 6DIHW\LQVWUXFWLRQVDQGVWDQGDUGV  6DIHW\LQVWUXFWLRQV:$51,1*,QMXU\RUPDWHULDOGDPDJH,I\RXGRQRWH[DFWO\DGKHUHWRWKHVDIHW\UHJXODWLRQVDQGSURFHGXUDOLQVWUXFWLRQVFRQWDLQHGLQWKLVPDQXDOKD]DUGVPD\DULVHDQGVDIHW\IHDWXUHVEHUHQGHUHGLQHIIHFWLYH7KLVFDQUHVXOWLQSHUVRQDOLQMXULHVRUPDWHULDOGDPDJH&ORVHO\IROORZFORVHO\WKHVDIHW\UHJXODWLRQVDQGSURFHGXUDOLQVWUXFWLRQVLQHDFKVLWXDWLRQ2EVHUYHWKHUHJXODWLRQVIRUVDIHW\DQGDFFLGHQWSUHYHQWLRQDSSOLFDEOHWR\RXUDSSOLFDWLRQLQDGGLWLRQWRWKHVDIHW\LQVWUXFWLRQVJLYHQLQWKLVPDQXDO3URMHFWVHFXULW\:$51,1*,QMXU\RUPDWHULDOGDPDJH7KHFRQILJXUDWLRQHQJLQHHUIRUSODQWFRQWUROPXVWWDNHSUHFDXWLRQVWRHQVXUHWKDWDQLQWHUUXSWHGSURJUDPZLOOEHFRUUHFWO\LQWHJUDWHGDJDLQDIWHUFRPPXQLFDWLRQIDLOXUHVYROWDJHGLSVRUSRZHURXWDJHV$GDQJHURXVRSHUDWLQJVWDWHPXVWQRWEHDOORZHGWRRFFXUQRWHYHQWHPSRUDULO\GXULQJWKHHQWLUHH[HFXWLRQRIWKHFRQWUROSURJUDPHYHQGXULQJDWURXEOHVKRRWLQJ6DIHW\GXULQJFRPPLVVLRQLQJDQGRSHUDWLRQ:$51,1*,QVWDOODWLRQDFFRUGLQJWRWKHLQVWUXFWLRQV&RPPLVVLRQLQJRIWKH+0,GHYLFHLVSURKLELWHGXQWLOLWKDVEHHQDEVROXWHO\HQVXUHGWKDWWKHPDFKLQHWREHRSHUDWHGZLWKWKH+0,GHYLFHFRPSOLHVZLWK'LUHFWLYH(&9HULI\EHIRUHFRPPLVVLRQLQJWKDWWKHSURYLVLRQVRI'LUHFWLYH(&DUHIXOILOOHGREVIEWENGLISH27.07.2010
6DIHW\LQVWUXFWLRQVDQGVWDQGDUGV $SSURYDOV 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(6DIHW\GXULQJRSHUDWLRQ:$51,1*+0,GHYLFHIDLOXUH$VWURQJVKRFNRULPSDFWFDQLPSHGHWKHIXQFWLRQDOLW\RIWKH+0,GHYLFH$IWHUDVWURQJPHFKDQLFDODFWLRQHQVXUHWKH+0,GHYLFHDQGWKHVDIHW\UHODWHGSDUWVDUHLQZRUNLQJRUGHU'DQJHURILQMXU\0DQXDOPRYHPHQWVFRQWUROOHGZLWKWKH+0,VKRXOGRQO\EHH[HFXWHGLQFRQMXQFWLRQZLWKWKHHQDEOLQJEXWWRQVDQGDWUHGXFHGYHORFLW\([FOXVLYHRSHUDWLQJULJKW7KHVLPXOWDQHRXVRSHUDWLRQRIWKHSODQWZLWKPXOWLSOH+0,GHYLFHVLVQRWDOORZHG3UHYHQWVLPXOWDQHRXVRSHUDWLRQWKURXJKWKHDSSURSULDWHFRQILJXUDWLRQ1RWH7KHIXQFWLRQRIWKH(0(5*(1&<6723EXWWRQPXVWEHFKHFNHGSHULRGLFDOO\+LJKIUHTXHQF\UDGLDWLRQIRUH[DPSOHIURPFHOOXODUSKRQHVFDQOHDGWRXQGHVLUDEOHRSHUDWLQJVWDWHVLQDSODQW $SSURYDOV1RWH7KHIROORZLQJRYHUYLHZVKRZVSRVVLEOHDSSURYDOV7KHRQO\YDOLGDSSURYDOVIRUWKH+0,GHYLFHFKDUJLQJVWDWLRQSRZHUVXSSO\XQLWWUDQVSRQGHUDQG5),'WDJDUHWKRVHVKRZQRQWKHODEHORQWKHUHDUSDQHO&(DSSURYDO7KH+0,GHYLFHFKDUJLQJVWDWLRQSRZHUVXSSO\XQLWDQGWUDQVSRQGHUFRPSO\ZLWKWKH(XURSHDQVWDQGDUGVSXEOLVKHGLQWKH2IILFLDO-RXUQDOVRIWKH(XURSHDQ8QLRQIRUSURJUDPPDEOHFRQWUROOHUVჀ(&(OHFWURPDJQHWLF&RPSDWLELOLW\(0&'LUHFWLYHჀ(&*'LUHFWLYHRIWKH(XURSHDQ3DUOLDPHQWDQGRIWKH&RXQFLOIURP0DUFKUHODWLQJWR5DGLR(TXLSPHQWDQG7HOHFRPPXQLFDWLRQV7HUPLQDO(TXLSPHQWDQGWKH0XWXDO5HFRJQLWLRQRIWKHLU&RQIRUPLW\ENGLISH27.07.2010
6DIHW\LQVWUXFWLRQVDQGVWDQGDUGV$SSURYDOV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( N117(&'HFODUDWLRQRI&RQIRUPLW\7KH(&'HFODUDWLRQVRI&RQIRUPLW\DUHDYDLODEOHWRWKHUHOHYDQWDXWKRULWLHVDWWKHIROORZLQJDGGUHVV6LHPHQV$*,QGXVWU\6HFWRU,,$$65'6732%R[$PEHUJ*HUPDQ\8/DSSURYDO8QGHUZULWHUV/DERUDWRULHV,QFLQDFFRUGDQFHZLWKჀ8/6DIHW\RI,QIRUPDWLRQ7HFKQRORJ\(TXLSPHQWჀ&$1&6$&1R6DIHW\RI,QIRUPDWLRQ7HFKQRORJ\(TXLSPHQW7KHDSSURYDOLVRQO\YDOLGLQWKHFDVHRIEDWWHU\RSHUDWLRQRUZKHQVWDWLRQDU\LQWKHFKDUJLQJVWDWLRQ0DUNLQJIRU$XVWUDOLD7KH+0,GHYLFHFKDUJLQJVWDWLRQSRZHUVXSSO\XQLWDQGWUDQVSRQGHUVDWLVI\WKHUHTXLUHPHQWVRI6WDQGDUG$61=6&ODVV$$SSURYDODFFRUGLQJWR)&&7KLVGHYLFHFRPSOLHVZLWK3DUWRIWKH)&&5XOHV2SHUDWLRQLVVXEMHFWWRWKHIROORZLQJWZRFRQGLWLRQVWKLVGHYLFHPD\QRWFDXVHKDUPIXOLQWHUIHUHQFHDQGWKLVGHYLFHPXVWDFFHSWDQ\LQWHUIHUHQFHLQFOXGLQJLQWHUIHUHQFHWKDWPD\FDXVHXQGHVLUHGRSHUDWLRQ,(((ERUJRSHUDWLRQRIWKLVSURGXFWLQWKH86$LVILUPZDUHOLPLWHGWRFKDQQHOVWKURXJKBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB1RWLFH&KDQJHVRUPRGLILFDWLRQVPDGHWRWKLVHTXLSPHQWQRWH[SUHVVO\DSSURYHGE\6,(0(16PD\YRLGWKH)&&DXWKRUL]DWLRQWRRSHUDWHWKLVHTXLSPHQWBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBREVIEWENGLISH27.07.2010
6DIHW\LQVWUXFWLRQVDQGVWDQGDUGV $SSURYDOV 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(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ZLFKFDQEHGHWHUPLQHGE\WXUQLQJWKHHTXLSPHQWRIIDQGRQWKHXVHUHQFRXUDJHGWRWU\WRFRUUHFWWKHLQWHUIHUHQFHE\RQHRUPRUHRIWKHIROORZLQJPHDVXUHVჀ5HRULHQWRUUHORFDWHWKHUHFHLYLQJDQWHQQDჀ,QFUHDVHWKHVHSDUDWLRQEHWZHHQWKHHTXLSPHQWDQGUHFHLYHUჀ&RQQHFWWKHHTXLSPHQWLQWRDQRXWOHWRQDFLUFXLWGLIIHUHQWIURPWKDWWRZLFKWKHUHFHLYHULVFRQQHFWHG&RQVXOWWKHGHDOHURUDQH[SHULHQFHGUDGLR79WHFKQLFLDQIRUKHOS7KLVWUDQVPLWWHUPXVWQRWEHFRORFDWHGRURSHUDWLQJLQFRQMXQFWLRQZLWKDQ\RWKHUDQWHQQDRUWUDQVPLWWHU3URIHVVLRQDO,QVWDOODWLRQ1RWLFH7RFRPSO\ZLWK)&&3DUWUXOHVLQWKH8QLWHG6WDWHVWKHV\VWHPPXVWEHSURIHVVLRQDOO\LQVWDOOHGWRHQVXUHFRPSOLDQFHZLWKWKH3DUWFHUWLILFDWLRQ,WLVWKHUHVSRQVLELOLW\RIWKHRSHUDWRUDQGSURIHVVLRQDOLQVWDOOHUWRHQVXUHWKDWRQO\FHUWLILHGV\VWHPVDUHGHSOR\HGLQWKH8QLWHG6WDWHV7KHXVHRIWKHV\VWHPLQDQ\RWKHUFRPELQDWLRQVXFKDVFRORFDWHGDQWHQQDVWUDQVPLWWLQJWKHVDPHLQIRUPDWLRQLVH[SUHVVO\IRUELGGHQ:LWKLQWKH*+]EDQGWKLVGHYLFHLVRQO\IRULQGRRUXVHRSHUDWLRQVWRUHGXFHDQ\SRWHQWLDOIRUKDUPIXOLQWHUIHUHQFHWRFRFKDQQHO066RSHUDWLRQV566RI,QGXVWU\&DQDGD2SHUDWLRQLVVXEMHFWHWRWKHIROORZLQJWZRFRQGLWLRQVWKLVGHYLFHPD\QRWFDXVHLQWHUIHUHQFHDQGWKLVGHYLFHPXVWDFFHSWDQ\LQWHUIHUHQFHLQFOXGLQJLQWHUIHUHQFHWKDWPD\FDXVHXQGHVLUHGRSHUDWLRQRIWKHGHYLFH7KLVGHYLFHKDVEHHQGHVLJQHGWRRSHUDWHZLWKLQWHUQDODQWHQQDVZLWKDPD[LPXPJDLQRIG%LDQGDQDQWHQQDLPSHGDQFHRI2KPV2WKHUDQWHQQDVDUHVWULFWO\SURKLELWHGIRUXVHZLWKWKLVGHYLFH7RUHGXFHSRWHQWLDOUDGLRLQWHUIHUHQFHWRRWKHUXVHUVWKHDQWHQQDW\SHDQGLWVJDLQVKRXOGEHVRFKRVHQWKDWWKHHTXLYDOHQWLVRWURSLFDOO\UDGLDWHGSRZHUHLUSLVQRWPRUHWKDQWKDWSHUPLWWHGIRUVXFFHVVIXOFRPPXQLFDWLRQ7KDWWKHGHYLFHIRUWKHEDQG0+]LVRQO\IRULQGRRUXVDJHWRUHGXFHSRWHQWLDOIRUKDUPIXOLQWHUIHUHQFHWRFRFKDQQHOPRELOHVDWHOOLWHV\VWHPV8VHUVVKRXOGDOVREHFDXWLRQHGWRWDNHQRWHWKDWKLJK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REVIEWENGLISH27.07.2010
6DIHW\LQVWUXFWLRQVDQGVWDQGDUGV6WDQGDUGVRQRSHUDWLQJVDIHW\0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( :LUHOHVVDSSURYDO7KHQDWLRQDODSSURYDOVIRUWKH+0,GHYLFHDUHOLVWHGRQWKHEDFNRIWKHGHYLFHDQGLQWKHSURGXFWLQIRUPDWLRQIRU0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'WDJRQOLQHDW7RWDOGRFXPHQWDWLRQ0RELOH3DQHOV:LUHOHVVKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ5HTXHVWLQJFHUWLILFDWHV$FRS\RIWKHFHUWLILFDWHVDQGDVVRFLDWHGUHSRUWVLVDYDLODEOHXSRQUHTXHVWIURPWKHIROORZLQJDGGUHVV6LHPHQV$*,QGXVWU\6HFWRU,,$$65'6732%R[$PEHUJ*HUPDQ\ 6WDQGDUGVRQRSHUDWLQJVDIHW\7KH+0,GHYLFHPHHWVWKHIROORZLQJVWDQGDUGVIRUXVHLQDSODQW6WDQGDUG 7LWOH 9HUVLRQ(1 0DFKLQH7RROV6DIHW\0DFKLQLQJ&HQWUHV (1 ,QIRUPDWLRQ7HFKQRORJ\(TXLSPHQW*HQHUDO5HTXLUHPHQWV8/ 6DIHW\RI,QIRUPDWLRQ7HFKQRORJ\(TXLSPHQW &$1&6$&1R6DIHW\RI,QIRUPDWLRQ7HFKQRORJ\(TXLSPHQW (0&WHVWLQJ7KHYDOXHVRIWKH(0&WHVWIRUWKH+0,GHYLFHFRQIRUPWRWKHIROORZLQJVWDQGDUGV6WDQGDUG 7LWOH 9HUVLRQ(1 (0&ದ3DUW*HQHULFVWDQGDUGV,PPXQLW\IRULQGXVWULDOHQYLURQPHQWV(1 (0&ದ3DUW*HQHULFVWDQGDUGV(PLVVLRQVWDQGDUGIRULQGXVWULDOHQYLURQPHQWV',1(1 3URGXFWVWDQGDUGWRGHPRQVWUDWHWKHFRPSOLDQFHRIPRELOHSKRQHVZLWKWKHEDVLFUHVWULFWLRQVUHODWHGWRKXPDQVDIHW\LQHOHFWURPDJQHWLFILHOGV0+]WR*+]',1(1 *HQHULFVWDQGDUGWRGHPRQVWUDWHFRPSOLDQFHRIORZSRZHUHOHFWURQLFDQGHOHFWULFDODSSDUDWXVZLWKWKHEDVLFUHVWULFWLRQVUHODWHGWRKXPDQH[SRVXUHWRHOHFWURPDJQHWLFILHOGV0+]WR*+]REVIEWENGLISH27.07.2010
6DIHW\LQVWUXFWLRQVDQGVWDQGDUGV 6WDQGDUGVRQRSHUDWLQJVDIHW\ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(6WDQGDUG 7LWOH 9HUVLRQ',1(1 3URJUDPPDEOH/RJLF&RQWUROOHUVದ3DUW(TXLSPHQWUHTXLUHPHQWVDQGWHVWLQJ',1(1 (OHFWURPDJQHWLFFRPSDWLELOLW\DQGUDGLRVSHFWUXPPDWWHUV',1(1 %URDGEDQG5DGLR$FFHVV1HWZRUNV%5$1 (1 3URGXFWVWDQGDUGWRGHPRQVWUDWHWKHFRPSOLDQFHRIUDGLREDVHVWDWLRQVDQGIL[HGWHUPLQDOVWDWLRQVIRUZLUHOHVVWHOHFRPPXQLFDWLRQV\VWHPV(1 (OHFWURPDJQHWLFFRPSDWLELOLW\DQGUDGLRVSHFWUXPPDWWHUV(1 (OHFWURPDJQHWLFFRPSDWLELOLW\DQGUDGLRVSHFWUXPPDWWHUV(50(1 (OHFWURPDJQHWLFFRPSDWLELOLW\DQGUDGLRVSHFWUXPPDWWHUV(50(1 (OHFWURPDJQHWLFFRPSDWLELOLW\DQGUDGLRVSHFWUXPPDWWHUV(50(1 (OHFWURPDJQHWLFFRPSDWLELOLW\DQGUDGLRVSHFWUXPPDWWHUV)&& 2(75663DUWUDGLRDXWKRUL]DWLRQ)&& 5),'566 797KH79FRQILUPVWKDWWKH+0,GHYLFHVDWLVILHVWKHUHTXLUHPHQWVRIWKHIROORZLQJVWDQGDUGVZLWKUHJDUGWRLWVVDIHW\IXQFWLRQV6WDQGDUG 7LWOH 9HUVLRQ',1(1 6DIHW\RIPDFKLQHU\ದ(OHFWULFDOHTXLSPHQWRIPDFKLQHVದ3DUW*HQHUDO5HTXLUHPHQWV',1,(& 6DIHW\RIPDFKLQHU\ದ)XQFWLRQDOVDIHW\RIHOHFWULFDOHOHFWURQLFDQGSURJUDPPDEOHFRQWUROV\VWHPVIRUPDFKLQHU\,(&WR 6DIHW\,QWHJULW\/HYHO ,62 6DIHW\RIPDFKLQHU\(0(5*(1&<67233ULQFLSOHVIRUGHVLJQ,62 3HUIRUPDQFH/HYHOHDQG&DWHJRU\ REVIEWENGLISH27.07.2010
6DIHW\LQVWUXFWLRQVDQGVWDQGDUGV2SHUDWLQJFRQGLWLRQV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( $GGLWLRQDOPHDVXUHPHQWV$GGLWLRQDOPHDVXUHPHQWVZHUHPDGHIRUჀ-DSDQದ7DEOH$QQH[1Rದ7HVW0HWKRGIRU5DGLR(TXLSPHQWPHQWLRQHGLQ&HUWLILFDWLRQ5HJXODWLRQV$UWLFOH,WHPDQGದ7DEOH$QQH[1Rದ7HVW0HWKRGIRU5DGLR(TXLSPHQWPHQWLRQHGLQ&HUWLILFDWLRQ5HJXODWLRQV$UWLFOH,WHPDQGದ5),'ದ$5,%67'7Ⴠ7DLZDQದ/3 2SHUDWLQJFRQGLWLRQV127,&(:LUHOHVVFRQWUROGHYLFH$ZLUHOHVVFRQWUROGHYLFHPD\FDXVHLQWHUIHUHQFH,IDZLUHOHVVFRQWUROGHYLFHLVXVHGWKHIROORZLQJPXVWEHHQVXUHGx7KDWRWKHUV\VWHPVDWWKHVLWHDUHQQRWGLVWXUEHGE\WKHZLUHOHVVFRQWUROGHYLFHx7KDWRWKHUV\VWHPVDWWKHVLWHGRQQRWGLVWXUEWKHZLUHOHVVFRQWUROGHYLFH8VHLQLQGXVWU\7KH+0,GHYLFHLVGHVLJQHGIRULQGXVWULDOXVH)RUWKLVUHDVRQWKHIROORZLQJVWDQGDUGVDUHPHWჀ,QWHUIHUHQFHHPLVVLRQUHTXLUHPHQWVSDUDJUDSK',1(1(QYLURQPHQW$Ⴠ,QWHUIHUHQFHLPPXQLW\UHTXLUHPHQWV',1(15HVLGHQWLDOXVH127,&(,QWHUIHUHQFHWRUDGLRDQG79UHFHSWLRQ7KH+0,GHYLFHLVQRWVXLWDEOHIRUXVHLQUHVLGHQWLDODUHDV2SHUDWLRQRI+0,GHYLFHVLQUHVLGHQWLDODUHDVFDQFDXVHLQWHUIHUHQFHWRUDGLRDQGWHOHYLVLRQUHFHSWLRQ,IWKH+0,GHYLFHLVXVHGLQDUHVLGHQWLDODUHD\RXPXVWWDNHPHDVXUHVWRDFKLHYH/LPLW&ODVV%FRQIRUPLQJWR(1IRU5)LQWHUIHUHQFH7RDFKLHYHUDGLRLQWHUIHUHQFHVXSSUHVVLRQFODVV%IRUH[DPSOHLQVWDOOILOWHUVLQSRZHUVXSSO\OLQHV,QGLYLGXDODFFHSWDQFHLVUHTXLUHGREVIEWENGLISH27.07.2010
6DIHW\LQVWUXFWLRQVDQGVWDQGDUGV 5LVNDQDO\VLVRIWKHSODQW 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 5LVNDQDO\VLVRIWKHSODQW7KHIROORZLQJUXOHVDSSO\WRWKHULVNDQDO\VLVRIWKHSODQWჀ,62DQG,62*HQHUDOGHVLJQJXLGHOLQHVIRUPDFKLQHVჀ,626DIHW\RIPDFKLQHU\6DIHW\UHODWHGSDUWVRIFRQWUROV\VWHPV*HQHUDOSULQFLSOHVIRUGHVLJQჀ,626DIHW\RIPDFKLQHU\ದ5LVNDVVHVVPHQWದ3DUW3ULQFLSOHV7KHVHFRQVLGHUDWLRQVUHVXOWLQDSHUIRUPDQFHOHYHOVDWRHLQDFFRUGDQFHZLWK,62ZKLFKGLFWDWHKRZWKHVDIHW\UHODWHGSDUWVRIWKHV\VWHPPXVWEHIXUQLVKHG7KHVDIHW\UHODWHGSDUWVRIWKH+0,GHYLFHPHHWჀ6,/LQDFFRUGDQFHZLWK,(&Ⴠ3HUIRUPDQFHOHYHOHDQG&DWHJRU\LQDFFRUGDQFHZLWK,627DNHWKHSODQWFRQILJXUDWLRQDVDZKROHLQWRFRQVLGHUDWLRQLQWKHULVNDQDO\VLVDQGQRWMXVWWKHVHSDUDWHVHFWLRQV)RUDGGLWLRQDOLQIRUPDWLRQRQULVNDQDO\VLVDQGULVNPLWLJDWLRQUHIHUWRWKH6DIHW\7HFKQRORJ\LQ6,0$7,&6V\VWHPPDQXDOKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ6HHDOVR6DIHW\UHODWHGRSHUDWRUFRQWUROV3DJH 6DIHW\IXQFWLRQVRIWKH(0(5*(1&<6723EXWWRQ7KH(0(5*(1&<6723EXWWRQRQWKH+0,GHYLFHEULQJVDERXWDVDIHW\UHODWHGVWRSRIWKHSODQWLQDFFRUGDQFHZLWK,(&6HFWLRQ<RXFDQLPSOHPHQWD&DWHJRU\RUVWRSIXQFWLRQLQDFFRUGDQFHZLWK,(&6HFWLRQ7KHVWRSIXQFWLRQFDWHJRU\PXVWEHVHOHFWHGRQWKHEDVLVRIDULVNDVVHVVPHQW7KHIROORZLQJUHTXLUHPHQWVPXVWEHPHWLQRUGHUWRUHQGHUWKH(0(5*(1&<6723EXWWRQHIIHFWLYHჀ7KH+0,GHYLFHPXVWEHRSHUDWHGLQWKHFKDUJLQJVWDWLRQRUZLWKWKHPDLQUHFKDUJHDEOHEDWWHU\Ⴠ$SURMHFWLVUXQQLQJRQWKH+0,GHYLFHჀ7KH+0,GHYLFHPXVWEHLQWHJUDWHGLQWKHVDIHW\SURJUDPRIWKH)&38,IWKHVHSUHUHTXLVLWHVDUHVDWLVILHGWKHIROORZLQJDSSOLHVჀ7KH6$)(/('RQWKH+0,GHYLFHLVOLWჀ7KH(0(5*(1&<6723EXWWRQRIWKH+0,GHYLFHLVHQDEOHGREVIEWENGLISH27.07.2010
6DIHW\LQVWUXFWLRQVDQGVWDQGDUGV 6DIHW\IXQFWLRQVRIWKHHQDEOLQJPHFKDQLVP0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( $VVRRQDVWKH352),VDIHFRPPXQLFDWLRQEHWZHHQWKH+0,GHYLFHDQGFRQWUROOHULVHVWDEOLVKHGZLWKLQWKH:/$1UDQJHWKH(0(5*(1&<6723EXWWRQRQWKH+0,GHYLFHEHFRPHVDFWLYH7KH(0(5*(1&<6723EXWWRQLVHQDEOHGZLWKLQWKH:/$1UHJDUGOHVVRIZKHWKHURUQRWWKH+0,GHYLFHLVORJJHGRQWRDPDFKLQH:$51,1*(0(5*(1&<6723EXWWRQQRWDYDLODEOH7KH(0(5*(1&<6723EXWWRQRQWKH+0,GHYLFHPD\QRWXVHGDVDUHSODFHPHQWIRUDSHUPDQHQWO\ZLUHG(0(5*(1&<6723RU(0(5*(1&<2))RQWKHPDFKLQH,QVWDOOVWDWLRQDU\(0(5*(1&<6723EXWWRQVWKDWZLOOEHDYDLODEOHDWDOOWLPHVRQWKHFRQILJXUHGV\VWHP(0(5*(1&<6723EXWWRQQRWHQDEOHG,IDFRPPXQLFDWLRQHUURUWULJJHUVDJOREDOUDPSGRZQWKH(0(5*(1&<6723EXWWRQZLOOQRORQJHUEHDYDLODEOHRQWKHDIIHFWHG+0,GHYLFH<RXKDYHWKHRSWLRQRILQWHUFRQQHFWLQJWKH*OREDO5DPSGRZQVLJQDOVRWKDWDQ(0(5*(1&<6723LVWULJJHUHG(0(5*(1&<6723EXWWRQRXWRIVHUYLFHZKHQ+0,GHYLFHLVUHPRYHG,IWKH+0,GHYLFHLVQRWLQWHJUDWHGLQWKHVDIHW\SURJUDPRIWKH)&38WKH(0(5*(1&<6723EXWWRQZLOOEHRXWRIVHUYLFH7RDYRLGFRQIXVLRQEHWZHHQ+0,GHYLFHVZLWKHQDEOHGDQGGLVDEOHG(0(5*(1&<6723EXWWRQVRQO\RQHLQWHJUDWHG+0,GHYLFHVKRXOGEHIUHHO\DFFHVVLEOH,IDQ+0,GHYLFHLVQRWLQWHJUDWHGDQGQRWLQXVHVWRUHWKH+0,GHYLFHLQDORFDWLRQZLWKSURWHFWHGDFFHVV&DWHJRU\RU6WRS,ID&DWHJRU\RUVWRSFLUFXLWLVLPSOHPHQWHGWKHVWRSIXQFWLRQPXVWEHHIIHFWLYHUHJDUGOHVVRIWKHRSHUDWLQJPRGH$&DWHJRU\VWRSPXVWKDYHSUHFHGHQFH5HOHDVHRIWKH(0(5*(1&<6723EXWWRQPXVWQRWFDXVHDKD]DUGRXVVLWXDWLRQVHHDOVR(16HFWLRQ7KHVWRSIXQFWLRQLVQRWWREHXVHGDVDUHSODFHPHQWIRUVDIHW\HTXLSPHQW1RWH7KH(0(5*(1&<6723EXWWRQLVHYDOXDWHGZKHQWKH+0,GHYLFHLVLQWHJUDWHGLQWKHVDIHW\SURJUDPRIWKH)&387KH(0(5*(1&<6723EXWWRQFDQEHWULJJHUHGXQLQWHQWLRQDOO\LQWKHIROORZLQJVLWXDWLRQVx,IWKH+0,GHYLFHIDOOVGRZQx:KHQRSHQLQJRQHRIWKHFRYHULQJVRQWKHUHDURIWKH+0,GHYLFH 6DIHW\IXQFWLRQVRIWKHHQDEOLQJPHFKDQLVP,QDQXPHULFDOO\FRQWUROOHGV\VWHPWKH6SHFLDOPRGHRSHUDWLQJPRGHUHTXLUHVDQHQDEOLQJPHFKDQLVP7KHHQDEOLQJPHFKDQLVPLVFRPSULVHGRIWZRHQDEOLQJEXWWRQVPRXQWHGRQERWKVLGHVRIWKH+0,GHYLFHREVIEWENGLISH27.07.2010
6DIHW\LQVWUXFWLRQVDQGVWDQGDUGV 6DIHW\IXQFWLRQVRIWKHHQDEOLQJPHFKDQLVP 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(6SHFLDOPRGH'XULQJVSHFLDOPRGHVDIHW\KDVWREHHQVXUHGLQDGLIIHUHQWPDQQHUWKDQLQDXWRPDWLFPRGH'XULQJVSHFLDOPRGHSHUVRQQHOHQWHUGDQJHU]RQHVRIWKHSODQWLQZKLFKFRQWUROOHGPRYHPHQWVPXVWEHSRVVLEOH'HSHQGLQJRQWKHULVNDVVHVVPHQWRIWKHSODQWPRYHPHQWQHHGVWRRFFXUDWUHGXFHGVSHHGIRUVSHFLDOPRGH0RYHPHQWRIWKHSODQWSDUWVVKRXOGRQO\EHSRVVLEOHZKHQWKHHQDEOLQJPHFKDQLVPLVDFWLYDWHG7KHRSHUDWRUPXVWEHDFFRUGLQJO\TXDOLILHGDQGNQRZGHWDLOVRIXVHLQDFFRUGDQFHZLWKVDIHW\UHJXODWLRQV6DIHW\LQVWUXFWLRQV7KHVDIHW\UHODWHGSDUWVRIWKHFRQWUROOHUIRUVSHHGUHGXFWLRQDQGWKRVHIRUWKHHQDEOLQJPHFKDQLVPDUHGHVLJQHGLQVXFKDZD\WKDWWKH\VDWLVI\WKHUHTXLUHPHQWVIRUWKHVDIHW\FDWHJRU\DVGHWHUPLQHGE\WKHULVNDVVHVVPHQW7KHRSHUDWLQJSULQFLSOHVRIHQDEOLQJGHYLFHVDUHGHVFULEHGLQ(17KURXJKWKHILQGLQJVIURPDFFLGHQWLQYHVWLJDWLRQVDQGWKHH[LVWHQFHRIWHFKQLFDOVROXWLRQVWKHVWDJHHQDEOLQJEXWWRQEHFDPHVWDWHRIWKHDUW3RVLWLRQVDQGRIWKHHQDEOLQJEXWWRQDUH2IIIXQFWLRQV2QO\WKHPLGGOHSRVLWLRQDOORZVWKHHQDEOLQJIXQFWLRQ(1LVLGHQWLFDOWR,(&ZKHUHE\WKHVWDJHHQDEOLQJEXWWRQLVJDLQLQJLQWHUQDWLRQDOLPSRUWDQFH7KH6WRSFDWHJRU\RIWKHHQDEOLQJGHYLFHPXVWEHVHOHFWHGRQWKHEDVLVRIDULVNDVVHVVPHQWDQGFRUUHVSRQGWRD&DWHJRU\RU6WRS:$51,1*,QMXU\RUPDWHULDOGDPDJH(QDEOLQJEXWWRQVVKRXOGRQO\EHXVHGZKHQWKHIROORZLQJDSSOLHVIRUWKHSHUVRQDFWLYDWLQJWKHHQDEOLQJEXWWRQx7KHSHUVRQFDQVHHWKHGDQJHU]RQHx7KHSHUVRQLVFDSDEOHRIUHFRJQL]LQJSHUVRQDOLQMXU\KD]DUGVLQJRRGWLPHx7KHSHUVRQLVFDSDEOHRIWDNLQJLPPHGLDWHPHDVXUHVWRDYRLGGDQJHU7KHRQO\SHUVRQDOORZHGWRUHPDLQLQWKHGDQJHU]RQHLVWKHSHUVRQZKRLVDFWLYDWLQJWKHHQDEOLQJEXWWRQ&RPPDQGVIRUXQVDIHFRQGLWLRQVDUHQRWSHUPLWWHGWREHLVVXHGZLWKRQHHQDEOLQJEXWWRQDORQH7RDFFRPSOLVKWKLVDVHFRQGDU\FRQVFLRXVVWDUWFRPPDQGXVLQJDEXWWRQRQWKH+0,GHYLFHLVUHTXLUHG127,&(5LVNIURPLPSURSHUXVH$QHQDEOLQJEXWWRQFDQEHIL[HGZLWKRXWSHUPLVVLRQ7RDYRLGWKHULVNRIXQDXWKRUL]HGIL[DWLRQIXOO\SUHVVERWKHQDEOLQJEXWWRQVHDFKWLPHWKHSURMHFWVWDUWV5HOHDVHWKHHQDEOLQJEXWWRQV1RWH7KHHQDEOLQJEXWWRQRQO\KDVDQHIIHFWZKHQWKH+0,GHYLFHLVORJJHGRQWRDPDFKLQHDQGWKH51*/('RQWKH+0,GHYLFHLVOLWREVIEWENGLISH27.07.2010
6DIHW\LQVWUXFWLRQVDQGVWDQGDUGV (OHFWURPDJQHWLFFRPSDWLELOLW\0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 6HHDOVR5LVNDQDO\VLVRIWKHSODQW3DJH (OHFWURPDJQHWLFFRPSDWLELOLW\7KH+0,GHYLFHWKHFKDUJLQJVWDWLRQWKHWUDQVSRQGHUWKHSRZHUVXSSO\DQGWKH5),'WDJVDWLVI\DPRQJRWKHUWKLQJVWKHUHTXLUHPHQWVRIWKH(0&ODZVSHUWDLQLQJWRWKH(XURSHDQGRPHVWLFPDUNHW7KHHQKDQFHGWHVWLQJDQGOLPLWYDOXHOHYHOVGHILQHGE\&'9(GKDYHEHHQWDNHQLQWRDFFRXQWGXULQJWKHW\SHWHVW(0&FRPSOLDQWLQVWDOODWLRQ&RQGLWLRQVIRUIDXOWIUHHRSHUDWLRQLQFOXGH(0&FRQIRUPDVVHPEO\RIWKHFKDUJLQJVWDWLRQDWUDQVSRQGHUDQG5),'WDJDVZHOODVWKHXVHRILQWHUIHUHQFHSURRIFDEOHV7KHIROORZLQJGRFXPHQWVDOVRDSSO\WRWKHLQVWDOODWLRQRIWKHFKDUJLQJVWDWLRQჀ'HVFULSWLRQ'LUHFWLYHVIRULQWHUIHUHQFHIUHHLQVWDOODWLRQRI3/&VKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZGH*HUPDQჀ6\VWHPPDQXDO%DVLFVRQ6HWWLQJXSDQ,QGXVWULDO:LUHOHVV/$1KWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ3XOVHVKDSHGGLVWXUEDQFH7KHIROORZLQJWDEOHVKRZVWKHHOHFWURPDJQHWLFFRPSDWLELOLW\RIPRGXOHVZLWKUHJDUGWRSXOVHVKDSHGLQWHUIHUHQFH7KHWDEOHDSSOLHVWRWKHFKDUJLQJVWDWLRQZLWKDQGZLWKRXWDQDWWDFKHG+0,GHYLFH3XOVHVKDSHGGLVWXUEDQFH 7HVWHGZLWK 'HJUHHRIVHYHULW\(OHFWURVWDWLFGLVFKDUJHLQDFFRUGDQFHZLWK,(&$LUGLVFKDUJHN9&RQWDFWGLVFKDUJHN9%XUVWSXOVHVKLJKVSHHGWUDQVLHQWLQWHUIHUHQFHLQDFFRUGDQFHZLWK,(&N9VXSSO\OLQH $QH[WHUQDOVDIHW\FLUFXLWLVUHTXLUHGIRUWKH6XUJHLPPXQLW\WHVWDFFRUGLQJWR,(&7KHVDIHW\FLUFXLWLVGHVFULEHGLQWKH,QVWDOODWLRQPDQXDO$XWRPDWLRQ6\VWHP6ದ,QVWDOODWLRQKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQVHFWLRQ/LJKWQLQJDQGRYHUYROWDJHSURWHFWLRQENGLISH27.07.2010
6DIHW\LQVWUXFWLRQVDQGVWDQGDUGV (OHFWURPDJQHWLFFRPSDWLELOLW\ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(3XOVHVKDSHGGLVWXUEDQFH 7HVWHGZLWK 'HJUHHRIVHYHULW\$V\PPHWULFDOFRXSOLQJ N9SRZHUFDEOH'&YROWDJHZLWKSURWHFWLYHHOHPHQWV6\PPHWULFDOFRXSOLQJ N9SRZHUFDEOH'&YROWDJHZLWKSURWHFWLYHHOHPHQWV6LQXVRLGDOLQWHUIHUHQFH7KHIROORZLQJWDEOHVKRZVWKH(0&EHKDYLRURIWKHPRGXOHVZLWKUHVSHFWWRVLQXVRLGDOLQWHUIHUHQFH7KHWDEOHDSSOLHVWRWKH+0,GHYLFHFKDUJLQJVWDWLRQDQGSRZHUVXSSO\XQLW6LQXVRLGDOLQWHUIHUHQFH 7HVWYDOXHV 'HJUHHRIVHYHULW\+)UDGLDWLRQLQHOHFWURPDJQHWLFILHOGVLQDFFRUGDQFHZLWK,(&DPSOLWXGHPRGXODWLRQDWN+]x8SWR9PLQWKH0+]WR*+]UDQJHx8SWR9PLQWKH*+]WR*+]UDQJHx8SWR9PLQWKH*+]WR*+]UDQJH5)LQWHUIHUHQFHFXUUHQWRQFDEOHVDQGFDEOHVKLHOGLQJFRQIRUPLQJWR,(&7HVWYROWDJH9ZLWKDPSOLWXGHPRGXODWLRQRIN+]LQWKHN+]WR0+]UDQJH(PLVVLRQRIUDGLRLQWHUIHUHQFH7KHIROORZLQJWDEOHVKRZVWKHXQZDQWHGHPLVVLRQVIURPHOHFWURPDJQHWLFILHOGVLQDFFRUGDQFHZLWK(1/LPLW9DOXH&ODVV$*URXSPHDVXUHGDWDGLVWDQFHRIPWR0+] G%9PTXDVLSHDNWR0+] G%9PTXDVLSHDN1RWH%HIRUH\RXFRQQHFWWKH+0,GHYLFHWRWKHSXEOLFHOHFWULFDOQHWZRUNHQVXUHWKDWLWLVFRPSOLDQWZLWK/LPLW9DOXH&ODVV%LQDFFRUGDQFHZLWK(16SHFLILFDEVRUSWLRQUDWH6$57KHIROORZLQJDSSOLHVWRVSHFLILFDEVRUSWLRQUDWHჀ5HFRPPHQGDWLRQ(&([SRVXUHRIWKHSXEOLFWR(0)Ⴠ/LPLWYDOXHVIRU(XURSHDFFRUGLQJWR(1Ⴠ/LPLWYDOXHVIRU86$LQDFFRUGDQFHZLWK)&&2(7%XOOHWLQ6XSSOHPHQW&ದ:NJZLWKLQJRIWLVVXHLQDFFRUGDQFHZLWK,&1,53JXLGHOLQHದ:NJZLWKLQJRIWLVVXHLQDFFRUGDQFHZLWK,((()&&REVIEWENGLISH27.07.2010
0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 3ODQQLQJWKHXVH  &KHFNOLVW3HUIRUPWKHIROORZLQJWDVNVIRUV\VWHPSODQQLQJ&RQILUPHDFKWDVNE\FKHFNLQJLWRIILQWKHIROORZLQJOLVW7DVN $GGLWLRQDOLQIRUPDWLRQ &KHFN&KHFNWKHDPELHQWFRQGLWLRQVDWWKHVLWH$PELHQWFRQGLWLRQVIRURSHUDWLRQ3DJH 3ODQDFFHVVURXWHVWRWKHSODQW ದ 3ODQRSHUDWRUORFDWLRQVDWWKHSODQWZKHUH:/$1ZLOOEHQHHGHG:/$1SURSHUWLHV3DJH 3ODQWKH:/$1'HWHUPLQHWKHLQVWDOODWLRQORFDWLRQVIRUWKHDFFHVVSRLQWVEDVHGRQWKLV6SHFLDOSURJUDPVDUHDYDLODEOHIRUSODQQLQJWKH:/$1:HVWURQJO\UHFRPPHQG\RXFKHFNWKHORFDOZLUHOHVVFRQGLWLRQVEHIRUHEHJLQQLQJVWDUWXS6\VWHPPDQXDO%DVLFVRQ6HWWLQJXSDQ,QGXVWULDO:LUHOHVV/$1KWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ6,1(0$(SODQQLQJSURJUDPKWWSZZZVLHPHQVFRPVLQHPD*XLGHOLQHIRUWKH8VHRI,QGXVWULDO:LUHOHVV/$1LQD352),1(7,2(QYLURQPHQWKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ3ODQIRULQIRUPDWLRQVHFXULW\ 3ODQQLQJLQIRUPDWLRQVHFXULW\3DJH 3ODQWKHFRQILJXUDWLRQRIWKH352),1(7DQG352),VDIHFRPPXQLFDWLRQ6\VWHPPDQXDO&RPPXQLFDWLRQZLWK6,0$7,&KWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ3URJUDPPLQJDQGRSHUDWLRQPDQXDO6'LVWULEXWHG6DIHW\&RQILJXULQJDQG3URJUDPPLQJKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ3ODQWKHHIIHFWLYHUDQJHVIRURSHUDWLQJWKHSODQWLQDIDLOVDIHPRGH(TXLSSLQJDSODQWZLWKWUDQVSRQGHUV3DJH(TXLSSLQJDSODQWZLWK5),'WDJV3DJH3ODQWKHORFDWLRQIRUWKHWUDQVSRQGHUV3ODQQLQJWKHLQVWDOODWLRQORFDWLRQRIWUDQVSRQGHUV3DJH3ODQWKHLQVWDOODWLRQORFDWLRQVIRUWKH5),'WDJV3ODQQLQJDQLQVWDOODWLRQORFDWLRQIRU5),'WDJV3DJH3ODQDVHFXULW\V\VWHPIRUWKHRYHUULGHPRGH3URWHFWLRQ]RQHIRUWKH2YHUULGHPRGH3DJH 3ODQWKHLQVWDOODWLRQORFDWLRQDQGFOHDUDQFHIRUWKHFKDUJLQJVWDWLRQ0RXQWLQJORFDWLRQDQGFOHDUDQFHRIFKDUJLQJVWDWLRQ3DJH3ODQWKHORFDWLRQIRUWKHVLJQDOODPSV3ODQQLQJWKHLQVWDOODWLRQORFDWLRQRIVLJQDOODPSV3DJHREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH $PELHQWFRQGLWLRQVIRUWUDQVSRUWDWLRQDQGVWRUDJH 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( $PELHQWFRQGLWLRQVIRUWUDQVSRUWDWLRQDQGVWRUDJH7KHSHUPLVVLEOHDPELHQWFRQGLWLRQVRIWKLV+0,GHYLFHH[FHHGUHTXLUHPHQWVLQDFFRUGDQFHZLWK,(&7KHIROORZLQJVSHFLILFDWLRQVDSSO\WRGHYLFHVWKDWDUHVKLSSHGDQGVWRUHGLQWKHRULJLQDOSDFNDJLQJჀ7KHFOLPDWLFFRQGLWLRQVDUHFRPSOLDQWZLWK,(&&ODVV.Ⴠ7KHPHFKDQLFDOFRQGLWLRQVDUHFRPSOLDQWZLWK,(&&ODVV07KHIROORZLQJWDEOHVKRZVWKHSHUPLVVLEOHDPELHQWFRQGLWLRQVIRUWKH+0,GHYLFHFKDUJLQJVWDWLRQSRZHUVXSSO\XQLW5),'WDJDQGWUDQVSRQGHU7\SHRIFRQGLWLRQ 3HUPLWWHGUDQJH'URSWHVWLQWUDQVSRUWSDFNDJH ืP7HPSHUDWXUH WRഒ$WPRVSKHULFSUHVVXUH K3DWRK3DFRUUHVSRQGVWRDQHOHYDWLRQRIದWRP+XPLGLW\UHODWLYH $SSOLHVWR+0,GHYLFHWRZLWKRXWFRQGHQVDWLRQ$SSOLHVWRFKDUJLQJVWDWLRQDQGWUDQVSRQGHUWRZLWKRXWFRQGHQVDWLRQ6LQXVRLGDOYLEUDWLRQLQDFFRUGDQFHZLWK,(&+]WR+]PP+]WR+]PV6KRFNLQDFFRUGDQFHZLWK,(& PVPVVKRFNV127,&((TXLSPHQWIDLOXUH0RLVWXUHLQWKHIRUPRIFRQGHQVDWLRQRQRULQWKHGHYLFHLVIRUPHGx:KHQWUDQVSRUWLQJDGHYLFHDWORZWHPSHUDWXUHVx8QGHUH[WUHPHWHPSHUDWXUHYDULDWLRQV0RLVWXUHDQGFRQGHQVDWLRQOHDGWRPDOIXQFWLRQ%ULQJWKHGHYLFHWRURRPWHPSHUDWXUHEHIRUHRSHUDWLQJ&RQGHQVDWLRQ:KHQFRQGHQVDWLRQLVRQWKHGHYLFHGRQRWH[SRVHWKH+0,GHYLFHWRGLUHFWUDGLDWLRQIURPDKHDWHU,IFRQGHQVDWLRQKDVGHYHORSHGZDLWDSSUR[LPDWHO\KRXUVXQWLOWKH+0,GHYLFHKDVGULHGFRPSOHWHO\EHIRUHVZLWFKLQJLWRQ7KHIROORZLQJSRLQWVPXVWEHDGKHUHGWRLQRUGHUWRHQVXUHDIDXOWIUHHDQGVDIHRSHUDWLRQRIWKH+0,GHYLFHჀ3URSHUWUDQVSRUWDWLRQDQGVWRUDJHჀ3URSHULQVWDOODWLRQDQGPRXQWLQJჀ&DUHIXORSHUDWLRQDQGPDLQWHQDQFH7KHZDUUDQW\IRUWKH+0,GHYLFHZLOOEHGHHPHGYRLGLIWKHVHVWLSXODWLRQVDUHQRWKHHGHGREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH$PELHQWFRQGLWLRQVIRURSHUDWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  $PELHQWFRQGLWLRQVIRURSHUDWLRQ0HFKDQLFDODQGFOLPDWLFDPELHQWFRQGLWLRQV7KH+0,GHYLFHLVGHVLJQHGIRUXVHLQDORFDWLRQSURWHFWHGIURPWKHHIIHFWVRIWKHZHDWKHU7KHDPELHQWFRQGLWLRQVPHHWWKHUHTXLUHPHQWVIRU',1,(&Ⴠ0HFKDQLFDOUHTXLUHPHQWVDFFRUGLQJWRFODVV0Ⴠ&OLPDWLFUHTXLUHPHQWVDFFRUGLQJWRFODVV.8VHZLWKDGGLWLRQDOSURWHFWLYHPHDVXUHV<RXPD\RQO\XVHWKH+0,GHYLFHDWWKHIROORZLQJORFDWLRQVZLWKDGGLWLRQDOPHDVXUHVჀ,QORFDWLRQVZLWKDKLJKGHJUHHRILRQL]LQJUDGLDWLRQჀ,QORFDWLRQVZLWKGLIILFXOWRSHUDWLQJFRQGLWLRQVIRUH[DPSOHGXHWRದ&RUURVLYHYDSRUVJDVHVRLOVRUFKHPLFDOVದ(OHFWULFDORUPDJQHWLFILHOGVRIKLJKLQWHQVLW\Ⴠ,QV\VWHPVWKDWUHTXLUHVSHFLDOPRQLWRULQJIRUH[DPSOHದ(OHYDWRUVದ6\VWHPVLQHVSHFLDOO\KD]DUGRXVURRPV'DPSLQJVKRFNDQGYLEUDWLRQ,IWKH+0,GHYLFHLVVXEMHFWHGWRLPSHUPLVVLEO\VWURQJVKRFNVRUYLEUDWLRQV\RXPXVWWDNHDSSURSULDWHPHDVXUHVWRUHGXFHDPSOLWXGHVRUDFFHOHUDWLRQ,QVXFKVLWXDWLRQVXVHYLEUDWLRQGDPSLQJRUYLEUDWLRQDEVRUEHUV\VWHPVIRUWKH+0,GHYLFHDQGDFFHVVRULHV127,&(6HWWLQJGRZQWKH+0,GHYLFH,I\RXSODFHWKH+0,GHYLFHRQDVXUIDFHZLWKDKLJKQDWXUDOIUHTXHQF\PDOIXQFWLRQVPD\RFFXUDVDUHVXOW:KHQVWRULQJWKH+0,GHYLFHPDNHVXUHWKDWWKH+0,GHYLFHLVRQO\VWRUHGRQDVXUIDFHWKDWGRHVQRWH[FHHGWKHSHUPLVVLEOHDPELHQWFRQGLWLRQVREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH $PELHQWFRQGLWLRQVIRURSHUDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(7HVWLQJPHFKDQLFDODPELHQWFRQGLWLRQV7KHIROORZLQJWDEOHSURYLGHVLQIRUPDWLRQRQWKHW\SHDQGVFRSHRIWHVWVIRUPHFKDQLFDODPELHQWFRQGLWLRQVSHUIRUPHGIRUWKH+0,GHYLFH7HVW 3K\VLFDOYDULDEOH 9DOXH9LEUDWLRQ RFWDYHPLQF\FOHVSHUD[LVWR+]'HIOHFWLRQPP9LEUDWLRQV,(&7HVW)F )UHTXHQF\EDQGWR+]9LEUDWLRQDFFHOHUDWLRQPV6KRFNIRUP KDOIVLQH$FFHOHUDWLRQ J'XUDWLRQ PV6KRFN,(&1XPEHURIVKRFNV SHUD[LV6KRFNIRUP KDOIVLQH$FFHOHUDWLRQ J'XUDWLRQ PV6KRFNF\FOH VWRV3HUPDQHQWVKRFN,(&1XPEHURIVKRFNV s,PSDFW,(&,PSDFWVWUHVV 1PRQFH:LWKDQLPSDFWWHVWGHYLFHVLPLODUWR',19'(3DUW6HFWLRQDWURRPWHPSHUDWXUH'URS(1)DOOKHLJKW P$SSOLHVWRWKH+0,GHYLFHZLWKDQGZLWKRXWEDWWHU\&OLPDWLFDPELHQWFRQGLWLRQVIRUWKH+0,GHYLFH7KHIROORZLQJWDEOHVKRZVWKHSHUPLWWHGDPELHQWFOLPDWLFFRQGLWLRQVIRURSHUDWLRQRIWKH+0,GHYLFH$PELHQWFRQGLWLRQV 3HUPLWWHGUDQJH &RPPHQW2SHUDWLQJWHPSHUDWXUH WRr& ದ+XPLGLW\UHODWLYH WRQRFRQGHQVDWLRQ6WUHVVOHYHODFFRUGLQJWR,(&+XPLGLW\DEVROXWH WRJPದ$WPRVSKHULFSUHVVXUH WRK3D &RUUHVSRQGVWRDQHOHYDWLRQRIದWRP62YSPUHODWLYHKXPLGLW\QRFRQGHQVDWLRQ7HVWFPPGD\V3ROOXWDQWFRQFHQWUDWLRQ+6YSPUHODWLYHKXPLGLW\QRFRQGHQVDWLRQ7HVWFPPGD\VREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH$PELHQWFRQGLWLRQVIRURSHUDWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( &OLPDWLFDPELHQWFRQGLWLRQVIRUWKHFKDUJLQJVWDWLRQ7KHIROORZLQJWDEOHVKRZVWKHSHUPLWWHGFOLPDWLFDPELHQWFRQGLWLRQVIRUXVHRIWKHFKDUJLQJVWDWLRQ$PELHQWFRQGLWLRQV 3HUPLWWHGUDQJH &RPPHQW2SHUDWLQJWHPSHUDWXUH WRr& ದ6WRUDJHWUDQVSRUWWHPSHUDWXUH ದWRr& ದ+XPLGLW\UHODWLYH WRQRFRQGHQVDWLRQ6WUHVVOHYHODFFRUGLQJWR,(&+XPLGLW\DEVROXWH WRJPದ$WPRVSKHULFSUHVVXUH WRK3D &RUUHVSRQGVWRDQHOHYDWLRQRIದWRP62YSPUHODWLYHKXPLGLW\QRFRQGHQVDWLRQ7HVWFPPGD\V3ROOXWDQWFRQFHQWUDWLRQ+6YSPUHODWLYHKXPLGLW\QRFRQGHQVDWLRQ7HVWFPPGD\V$PELHQWFOLPDWLFFRQGLWLRQVIRUWKHWUDQVSRQGHU7KHIROORZLQJWDEOHVKRZVWKHSHUPLWWHGDPELHQWFOLPDWLFFRQGLWLRQVIRURSHUDWLRQRIWKHWUDQVSRQGHU$PELHQWFRQGLWLRQV 3HUPLWWHGUDQJH &RPPHQW2SHUDWLQJWHPSHUDWXUH WRr& ದ6WRUDJHWUDQVSRUWWHPSHUDWXUH ದWRr& ದ+XPLGLW\UHODWLYH WRQRFRQGHQVDWLRQ6WUHVVOHYHODFFRUGLQJWR,(&+XPLGLW\DEVROXWH WRJPದ$WPRVSKHULFSUHVVXUH WRK3D &RUUHVSRQGVWRDQHOHYDWLRQRIದWRP62YSPUHODWLYHKXPLGLW\QRFRQGHQVDWLRQ7HVWFPPGD\V3ROOXWDQWFRQFHQWUDWLRQ+6YSPUHODWLYHKXPLGLW\QRFRQGHQVDWLRQ7HVWFPPGD\V$PELHQWFOLPDWLFFRQGLWLRQVIRUWKH5',)WDJ7KHIROORZLQJWDEOHVKRZVWKHSHUPLWWHGDPELHQWFOLPDWLFFRQGLWLRQVIRURSHUDWLRQRIWKH5),'WDJ$PELHQWFRQGLWLRQV 3HUPLWWHGUDQJH &RPPHQW2SHUDWLQJWHPSHUDWXUH ದWRr& ದREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH ,QVXODWLRQUHVLVWDQFHSURWHFWLRQFODVVDQGGHJUHHRISURWHFWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( ,QVXODWLRQUHVLVWDQFHSURWHFWLRQFODVVDQGGHJUHHRISURWHFWLRQLQVXODWLRQUHVLVWDQFH,QVXODWLRQUHVLVWDQFHLVGHPRQVWUDWHGLQWKHW\SHWHVWZLWKWKHIROORZLQJWHVWYROWDJHVLQDFFRUGDQFHZLWK,(&&LUFXLWVZLWKDQRPLQDOYROWDJHRI8HWRRWKHUFLUFXLWVRUJURXQG7HVWYROWDJH9 9'&3URWHFWLRQFODVVRIWKH+0,GHYLFH+0,GHYLFH 3URWHFWLRQFODVVDFFRUGLQJWR,(&'%+6)URQWDQGUHDUSDQHO 3URWHFWLRQFODVV,,,'HJUHHRISURWHFWLRQRIWKH+0,GHYLFH127,&('HJUHHRISURWHFWLRQ,3IRU+0,GHYLFH:KHQHQFORVXUHRSHQLQJVRUWKHFRQQHFWLRQFRPSDUWPHQWDUHQRWFORVHGWKH+0,GHYLFHGRHVQRWPHHWWKHVSHFLILHGGHJUHHRISURWHFWLRQ(QVXUHWKDWWKHHQFORVXUHLVFORVHGDVVSHFLILHGE\WKHUHJXODWLRQV'HYLFH 'HJUHHRISURWHFWLRQLQDFFRUGDQFHZLWK,(&+0,GHYLFHIURQWDQGUHDUSDQHO ,3&KDUJLQJVWDWLRQ ,37UDQVSRQGHU ,35),'WDJ ,3REVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH:/$1SURSHUWLHV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  :/$1SURSHUWLHV$GKHUHWRWKHLQVWDOODWLRQJXLGHOLQHVZKHQLQVWDOOLQJWKH:/$1<RXFDQILQGPRUHDGGLWLRQDOLQIRUPDWLRQLQWKH6\VWHPPDQXDO%DVLFVRQ6HWWLQJXSDQ,QGXVWULDO:LUHOHVV/$1KWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ3ODQWKH:/$1IRUDPD[LPXPRIIRXU+0,GHYLFHV:KHQDGGLQJD:/$1SDUWLFLSDQWPDNHVXUHWKDW\RXREVHUYHWKHFRQGLWLRQVGHVFULEHGLQWKHGRFXPHQW:LUHOHVV/$1LQD352),1(7,2(QYLURQPHQW7KHFRQGLWLRQVYDU\GHSHQGLQJRQWKHRSHUDWLQJPRGHDQGWKHUHTXLUHPHQWIRU31,2UHIUHVKWLPHV6HH*XLGHOLQHIRUWKH8VHRI,QGXVWULDO:LUHOHVV/$1LQD352),1(7,2(QYLURQPHQWKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ127,&(&RPPXQLFDWLRQLQWHUIHUHQFHSRVVLEOH&RPPXQLFDWLRQLQWHUIHUHQFHFDQQRWEHH[FOXGHGLI\RXGRQRWFKHFNWKHORFDOZLUHOHVVFRQGLWLRQVSULRUWRVWDUWXS&KHFN\RXUORFDOZLUHOHVVFRQGLWLRQVSULRUWRVWDUWXS:KHQSODQQLQJWKHZLUHOHVVFKDQQHOVPRGHDLVSUHIHUDEOH$GKRFQHWZRUN$QDGKRFQHWZRUNFDQQRWEHXVHGLQFRQMXQFWLRQZLWKWKH+0,GHYLFH (TXLSSLQJDSODQWZLWKWDJV:LWKLQDSURMHFWWKHWUDQVSRQGHUDQG5),'WDJVDUHODEHOHGDVWDJV (TXLSSLQJDSODQWZLWKWUDQVSRQGHUV 'LYLGLQJSODQWLQWRHIIHFWLYHUDQJHV(IIHFWLYHUDQJHVZLWKLQDSODQWFDQEHFRQILJXUHG$IWHUORJJLQJRQWRDQHIIHFWLYHUDQJHWKHDIILOLDWHGPDFKLQHFDQEHRSHUDWHGLQIDLOVDIHPRGH:LWKLQDQHIIHFWLYHUDQJHDQXQREVWUXFWHGYLHZIURPWKHRSHUDWRULVUHTXLUHGIRUWKHV\VWHP1RWH,IIDLOVDIHRSHUDWLRQLVQRWUHTXLUHG\RXFDQRSHUDWHWKH+0,GHYLFHZLWKRXWKDYLQJDQHIIHFWLYHUDQJHVHWXSLQWKHV\VWHP7UDQVSRQGHUVLQWKHV\VWHPDUHWKHQXQQHFHVVDU\7KHIROORZLQJILJXUHVKRZVDSODQWZLWKWKUHHHIIHFWLYHUDQJHVREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH (TXLSSLQJDSODQWZLWKWDJV 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(352),VDIH཰ 6\VWHPWKDWZLOOEHRSHUDWHGIURPZLWKLQWKHHIIHFWLYHUDQJHཱ (IIHFWLYHUDQJHIRUPHGE\DWUDQVSRQGHUི (IIHFWLYHUDQJHIRUPHGE\WZRWUDQVSRQGHUVཱི 7KH+0,GHYLFHLVLQWKHPLGGOHRIWKHHIIHFWLYHUDQJHREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH(TXLSSLQJDSODQWZLWKWDJV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 5HODWLRQVKLSEHWZHHQWKHHIIHFWLYHUDQJHDQGWUDQVSRQGHU7UDQVSRQGHUVPXVWEHPRXQWHGLQWKHSHULPHWHUDURXQGWKHPDFKLQHLQVXFKDPDQQHUWKDWWKHSODQQHGHIIHFWLYHUDQJHLVFRYHUHGE\WKHWUDQVPLWWLQJUDQJHRIWKHWUDQVSRQGHUVDVVLJQHGWRLW཰ 6\VWHPWKDWZLOOEHRSHUDWHGIURPZLWKLQWKHHIIHFWLYHUDQJHཱ 7UDQVSRQGHUི (IIHFWLYHUDQJH,QWKLVUDQJHIDLOVDIHRSHUDWLRQLVSRVVLEOH7KHDUHDFDQQRWEHHQWHUHGE\WKHRSHUDWRUཱི 7KHDUHDRIPDLQWHQDQFHDQGPRYHPHQWRIWKHRSHUDWRULQWKHHIIHFWLYHUDQJH7KHURRPOLPLWHGE\WKHORFDOFLUFXPVWDQFHVLQZKLFKIDLOVDIHRSHUDWLRQLVSRVVLEOHུ (IIHFWLYHUDQJHOLPLWVཱུ 7KHDUHDRIPDLQWHQDQFHDQGPRYHPHQWRIWKHRSHUDWRU7KHRSHUDWRUOHIWWKHHIIHFWLYHUDQJH$QLPDJHRIWKHUDGLDWLQJFKDUDFWHULVWLFVRIWKH+0,GHYLFHDQGWUDQVSRQGHUFDQEHIRXQGLQWKHFKDSWHU5DGLDWLRQFKDUDFWHULVWLFVRIWKHWUDQVSRQGHUV\VWHP3DJHREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH (TXLSSLQJDSODQWZLWKWDJV 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(4XDOLW\RIWKHHIIHFWLYHUDQJH7KHWUDQVSRQGHUVHQGVLWV,'DPD[LPXPRIPZLGHGHSHQGLQJRQFRQILJXUDWLRQ7KHIROORZLQJLPDJHVKRZVWKHFKDQJLQJTXDOLW\ZLWKLQWKHZLUHOHVVUDQJH7KHTXDOLW\RIWKHHIIHFWLYHUDQJHGHSHQGVRQWKLV$UHDZLWKVXIILFLHQWZLUHOHVVVLJQDOVWUHQJWK$UHDZLWKVXIILFLHQWZLUHOHVVVLJQDOVWUHQJWK$UHDZLWKJRRGZLUHOHVVVLJQDOVWUHQJWK0D[LPXPZLUHOHVVVLJQDOVWUHQJWK'LVWDQFHPPPP7KHUDGLRVLJQDOVWUHQJWKLVDWLWVVWURQJHVWDORQJWKHZKLWHGRWWHGOLQH7KXVWKHHIIHFWLYHUDQJHTXDOLW\LV6WDUWLQJZLWKWKLVOLPLWWKHHIIHFWLYHUDQJHTXDOLW\GHFUHDVHVZLWKJURZLQJRUORZHULQJGLVWDQFHWRWKHWUDQVSRQGHU7KHUHLVDQDEUXSWWUDQVLWLRQRIWKHHIIHFWLYHUDQJHTXDOLW\IURPJRRGWR1RHIIHFWLYHUDQJHGHWHFWHGDORQJWKHORQJLWXGLQDOD[LVRIWKHWUDQVPLVVLRQUDQJH,IWKHVL]HRIWKHHIIHFWLYHUDQJHIRUH[DPSOHZDVFRQILJXUHGWRPWKHLOOXVWUDWHGUDQJHVLQWKHLPDJHGHFUHDVHSURSRUWLRQDWHO\3ODQQLQJWKHHIIHFWLYHUDQJH7KHIROORZLQJUXOHVDSSO\Ⴠ$QHIIHFWLYHUDQJHUHTXLUHVDWOHDVWRQHWUDQVSRQGHUჀ$PD[LPXPRIHIIHFWLYHUDQJHVFDQEHFRQILJXUHGჀ$PD[LPXPRI5),'WDJVFDQEHFRQILJXUHGIRUHDFKHIIHFWLYHUDQJHჀ7KHVL]HRIDQHIIHFWLYHUDQJHFDQEHFRQILJXUHGLQPVWHSVIURPPWRPჀ(IIHFWLYHUDQJHVPD\QRWRYHUODS$QHIIHFWLYHUDQJHLVIRUPHGWKURXJKWKHZLUHOHVVUDQJHRIRQHRUPXOWLSOHWUDQVSRQGHUV,IPXOWLSOHWUDQVSRQGHUVIRUPDQHIIHFWLYHUDQJHWKHQHDFKLQGLYLGXDOHIIHFWLYHUDQJHPXVWEHHTXDOLQLWVVL]HREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH(TXLSSLQJDSODQWZLWKWDJV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( Ⴠ6HWWKHHIIHFWLYHUDQJHVRWKDWDSODFHRIGDQJHUFDQEHVHHQIURPHDFKSRLQWRIWKHHIIHFWLYHUDQJH$QHIIHFWLYHUDQJHWKDWLVWRRODUJHRUXQFOHDUKLQGHUVWKHRSHUDWRUVYLHZჀ6HWDQHIIHFWLYHUDQJHVRWKDWWKHGLVWDQFHEHWZHHQWKHV\VWHPRSHUDWRUFRUUHVSRQGVZLWKWKHV\VWHPUHTXLUHPHQWV$GLVWDQFHWRWKHV\VWHPWKDWLVWRRVPDOOFDXVHVDULVNRILQMXU\IRUWKHRSHUDWRU7KHPDSSLQJRIWKHHIIHFWLYHUDQJHWUDQVSRQGHULVGHILQHGLQWKHSURMHFW3ODQQLQJWKHWUDQVSRQGHUDVVLJQPHQW7KHIROORZLQJUXOHVDSSO\Ⴠ0D[LPXPGLVWDQFHEHWZHHQWKHWUDQVSRQGHU+0,GHYLFHLVP$PLQLPXPGLVWDQFHEHWZHHQWKHWUDQVSRQGHU+0,GHYLFHFDQQRWEHFRQILJXUHGჀ7KHWUDQVSRQGHUDQG+0,GHYLFHPXVWEHDOLJQHGZLWKHDFKRWKHU7KH+0,GHYLFHPXVWEHDEOHWRFKHFNWKHGLVWDQFHWRWKHWUDQVSRQGHUGXULQJRSHUDWLRQ$OLJQLQJWKH+0,GHYLFHWRWKHWUDQVSRQGHULVUHTXLUHGIRUWKLVჀ(IIHFWLYHUDQJHVPD\QRWRYHUODS$WUDQVSRQGHUFDQRQO\EHDVVLJQHGWRRQHHIIHFWLYHUDQJH7UDQVSRQGHUVLQGGLIIHUHQWHIIHFWLYHUDQJHVPXVWEHIDUHQRXJKDZD\IURPHDFKRWKHUWKDWWKHLUZLUHOHVVUDQJHVGRQRWRYHUODS$VVLJQPHQWRIHIIHFWLYHUDQJHWRWKHPDFKLQHWKDWZLOOEHRSHUDWHGPXVWEHXQLTXHჀ$WUDQVSRQGHUPD\QRWEHDVVLJQHGWRWZRV\VWHPV6HHDOVR5DQJHVLQDWUDQVSRQGHUV\VWHP3DJH 'LYLGLQJSODQWLQWR]RQHV$V\VWHPLQDSURMHFWFDQEHGLYLGHGLQWR]RQHV$]RQHLVDGLYLGHGDUHDIRUORFDORSHUDWLRQDQGPRQLWRULQJ$FRQILJXUHG]RQHLVLQGHSHQGHQWO\UHFRJQL]HGE\WKH+0,GHYLFH)RUH[DPSOHDFKDQJHRIWKHSURFHVVLPDJHFDQEHFRQILJXUHGIRUHQWHULQJRUOHDYLQJD]RQH$FHUWDLQSURGXFWLRQSURFHVVLVH[HFXWHGLQDFRQILJXUHG]RQHIRUH[DPSOHSDUWVDVVHPEO\=RQHERXQGSURFHVVLPDJHVDUHGLVSOD\HGIRUWKLVRQWKH+0,GHYLFH3ODQQLQJ]RQHVLQWKHSURMHFW7KHIROORZLQJUXOHVDSSO\Ⴠ]RQHVFDQEHFRQILJXUHGჀ$]RQHUHTXLUHVDWOHDVWRQHWUDQVSRQGHUჀ$]RQHFDQEHIRUPHGE\DPD[LPXPRIWUDQVSRQGHUVჀ=RQHVPXVWQRWRYHUODSREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH (TXLSSLQJDSODQWZLWKWDJV 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$($]RQHLVGHILQHGE\WKHPD[LPXPSHUPLWWHGGLVWDQFHRIWKH+0,GHYLFHIURPRQHRUPRUHWUDQVSRQGHUV7KHVDPHPD[LPXPGLVWDQFHDSSOLHVWRDOOWUDQVSRQGHUVLQD]RQH7KHDVVLJQPHQWRIWUDQVSRQGHUVWR]RQHVLVGHILQHGLQWKHSURMHFW7KHIROORZLQJLPDJHVKRZVDSDFNDJLQJV\VWHPZLWKWZR]RQHV཰ =RQHIRUPHGE\WUDQVSRQGHUVཱ =RQHIRUPHGE\WUDQVSRQGHU3ODQQLQJWKHWUDQVSRQGHUDVVLJQPHQW7KHIROORZLQJUXOHVDSSO\Ⴠ(DFKWUDQVSRQGHUFDQRQO\EHDVVLJQHGWRRQH]RQHჀ$WUDQVSRQGHUFDQEHDVVLJQHGWRD]RQHDQGDQHIIHFWLYHUDQJHVLPXOWDQHRXVO\6HHDOVR5DQJHVLQDWUDQVSRQGHUV\VWHP3DJH (TXLSSLQJDSODQWZLWK5),'WDJV)XQFWLRQRIWKH5),'WDJ7KH+0,GHYLFHXVHVWKH5),'WDJWRORJRQWRDPDFKLQHZLWKLQDSURWHFWHGDUHDREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH(TXLSSLQJDSODQWZLWKWDJV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( (IIHFWLYHUDQJHRIWKH5),'WDJ7KHUDGLXVRIWKHHIIHFWLYHUDQJHRIDQ5),'WDJ0'6'LVDPD[LPXPRIFP7UDQVPLVVLRQSRZHU'LVWDQFHFP3ODQQLQJWKHQXPEHURI5),'WDJV7KHIROORZLQJUXOHVDSSO\LQD:LQ&&IOH[LEOHSURMHFWჀ$PD[LPXPRIHIIHFWLYHUDQJHVFDQEHFRQILJXUHG6SHFLI\DQDPHDQGDSODQWZLGHXQLTXH,'IRUHDFKHIIHFWLYHUDQJHLQDYDOXHVUDQJHIURPWR:ULWHGRZQWKHQDPHDQG,'RIWKHHIIHFWLYHUDQJHVRQWKHSODQWPDSIRUWKHFRPPLVVLRQLQJჀ$PD[LPXPRI5),'WDJVFDQEHFRQILJXUHGIRUHDFKHIIHFWLYHUDQJH7KHPDSSLQJRIWKHSURWHFWHGDUHDWRWKH5),'WDJLVGHILQHGLQWKHSURMHFW3ODQQLQJWKH5),'WDJPDSSLQJ7KHIROORZLQJUXOHVDSSO\Ⴠ6DIHDFFHVVLVUHTXLUHGWRWKH5),'WDJჀ7KHGLVWDQFHEHWZHHQWZR5),'WDJVPXVWEHDWOHDVWFPჀ$Q5),'WDJFDQQRWEHDVVLJQHGWRWZRPDFKLQHVჀ7RORJRQWRDPDFKLQHWKHGLVWDQFHEHWZHHQWKH+0,GHYLFHDQGWKH5),'WDJPD\QRWEHPRUHWKDQFP6HHDOVR$UHDVLQD5),'WDJV\VWHP3DJHREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH 0RXQWLQJORFDWLRQDQGFOHDUDQFHRIFKDUJLQJVWDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 0RXQWLQJORFDWLRQDQGFOHDUDQFHRIFKDUJLQJVWDWLRQ6HOHFWLQJWKHPRXQWLQJORFDWLRQ7KHFKDUJLQJVWDWLRQLVGHVLJQHGIRUYHUWLFDOLQVWDOODWLRQ:$51,1*,QVWDOOLQJWKHFKDUJLQJVWDWLRQ:KHQWKH+0,GHYLFHLVRSHUDWHGLQWKHSODQWDQGWKHFKDUJLQJVWDWLRQLVPRXQWHGWKH(0(5*(1&<6723EXWWRQPXVWEHHQDEOHG7KH(0(5*(1&<6723EXWWRQLVQRWHQDEOHGZKHQWKHFKDUJLQJVWDWLRQLVLQDSODQWDUHDZLWKLQVXIILFLHQW:/$1FRYHUDJH7KHFKDUJLQJVWDWLRQPXVWEHLQVWDOOHGLQHLWKHUDSODQWVHFWLRQZLWKVXIILFLHQWO\ZLGH:/$1FRYHUDJHRUDVHSDUDWHVHUYLFHDUHD&$87,216WRSSLQJWKHSODQW7KH+0,GHYLFHFDQIDOOGRZQLILWLVQRWVHFXUHO\KRRNHGLQ7KLVFDQDFFLGHQWDOO\WULJJHUWKH(0(5*(1&<6723EXWWRQ,QVWDOOWKHFKDUJLQJVWDWLRQRQDYHUWLFDOVXUIDFHRURQHWKDWLVVOLJKWO\LQFOLQHGWRZDUGVWKHEDFN0RXQWORFDWLRQRIWKHFKDUJLQJVWDWLRQ,IWKHSHUPLVVLEOHDPELHQWFRQGLWLRQVDUHH[FHHGHGDWWKHPRXQWLQJORFDWLRQRIWKHFKDUJLQJVWDWLRQIXQFWLRQDOGLVUXSWLRQVPD\UHVXOW'XULQJWKHVHOHFWLRQRIWKHPRXQWLQJORFDWLRQREVHUYHWKHSHUPLVVLEOHDPELHQWFRQGLWLRQVIRURSHUDWLRQ127,&(&KDUJLQJWKHUHFKDUJHDEOHEDWWHU\:KHQFKDUJLQJDUHFKDUJHDEOHEDWWHU\WKHDPELHQWWHPSHUDWXUHRUEDWWHU\WHPSHUDWXUHVKRXOGQRWH[FHHGr&7KHKLJKHUWKHWHPSHUDWXUHWKHORQJHULWZLOOWDNHIRUWKHUHFKDUJHDEOHEDWWHU\WRIXOO\FKDUJH6HOHFWDORFDWLRQZLWKDORZDPELHQWWHPSHUDWXUHIRUWKHFKDUJLQJVWDWLRQ6HOHFWDORFDWLRQZLWKWKHIROORZLQJFKDUDFWHULVWLFVIRULQVWDOOLQJWKHFKDUJLQJVWDWLRQჀ1RWGLUHFWO\EHORZDQDFFHVVSRLQWჀ(DVLO\DQGVDIHO\DFFHVVLEOHჀ1RH[SRVXUHWRGLUHFWVXQOLJKWჀ,WLVHDV\WRKRRNLQDQGUHPRYHWKH+0,GHYLFHLQWKHFKDUJLQJVWDWLRQჀ(UJRQRPLFRSHUDWLRQRIWKH+0,GHYLFHLQWKHFKDUJLQJVWDWLRQLVHQVXUHGREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH 3ODQQLQJWKHLQVWDOODWLRQORFDWLRQRIWUDQVSRQGHUV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 0DLQWDLQLQJFOHDUDQFHV7KHIROORZLQJFOHDUDQFHLVUHTXLUHGDURXQGWKHFKDUJLQJVWDWLRQ $OOGLPHQVLRQVLQPP6HHDOVR$PELHQWFRQGLWLRQVIRURSHUDWLRQ3DJH 3ODQQLQJWKHLQVWDOODWLRQORFDWLRQRIWUDQVSRQGHUV3URFHGXUH3URFHHGDVIROORZV ,QWKHV\VWHPSODQGHWHUPLQHZKLFKV\VWHPUDQJHVVKRXOGEHRSHUDWHGZLWKWKHHQDEOLQJEXWWRQV<RXQHHGDQHIIHFWLYHUDQJHIRUHDFKRIWKHVHV\VWHPDUHDV 6SHFLI\WKHVSDWLDOH[SDQVLRQRIWKHLQGLYLGXDOHIIHFWLYHUDQJHV7KHRSHUDWRUPXVWEHORFDWHGZLWKLQWKHOLPLWVRIWKHUHVSHFWLYHHIIHFWLYHUDQJHLQRUGHUWRRSHUDWHWKHFRUUHVSRQGLQJSODQWXQLWZLWKWKHHQDEOLQJEXWWRQV&RPSO\ZLWKWKHUXOHVIRUWKHGHILQLWLRQRIDQHIIHFWLYHUDQJHREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH 3ODQQLQJDQLQVWDOODWLRQORFDWLRQIRU5),'WDJV 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( ,IQHHGHGSODQIRUPRUHWKDQRQHWUDQVSRQGHUIRUDQHIIHFWLYHUDQJH0DNHVXUHWKDWWKHHIIHFWLYHUDQJHFDQEHVHHQDQGLVIUHHRIGDQJHU 'HWHUPLQHದ$QDPHDQGDSODQWXQLTXH,'IRUHDFKWUDQVSRQGHUIURPWKHYDOXHUDQJHWRದ$QDPHDQGDSODQWXQLTXH,'IRUHDFKHIIHFWLYHUDQJHIURPWKHYDOXHUDQJHWRದ7KHVL]HRIWKHHIIHFWLYHUDQJH7KHHIIHFWLYHUDQJHVPXVWEHWKHVDPHVL]HIRUDOOWUDQVSRQGHUVWKDWIRUPDQHIIHFWLYHUDQJHWRJHWKHU 1RWHWKHQDPHDQG,'RIWKHHIIHFWLYHUDQJHVRQWKHV\VWHPSODQIRUFRPPLVVLRQLQJ 6HOHFWDQLQVWDOODWLRQORFDWLRQWKDWLVFOHDUO\YLVLEOHIRUWKHVLJQVRIWKHHIIHFWLYHUDQJHVZLWKWKHDVVRFLDWHG,' 3ODQQLQJDQLQVWDOODWLRQORFDWLRQIRU5),'WDJV,QVWDOODWLRQORFDWLRQIRUWKH5),'WDJ2EVHUYHWKHIROORZLQJZKHQVHOHFWLQJWKH5),'WDJLQVWDOODWLRQORFDWLRQჀ<RXZLOOQHHGDWOHDVWRQH5),'WDJIRUHDFKPDFKLQHRSHUDWHGLQIDLOVDIHPRGHZLWKWKHHQDEOLQJEXWWRQჀ7KHLQVWDOODWLRQVXUIDFHRIWKH5),'WDJPXVWKDYHDOHYHOIRXQGDWLRQჀ7KHLQVWDOODWLRQVXUIDFHPXVWEHQRQPHWDOOLF:KHQPRXQWLQJRQPHWDOOLFEDVHDVSDFHULVUHTXLUHGჀ6HOHFWDQLQVWDOODWLRQORFDWLRQWKDWLVFOHDUO\YLVLEOHIRUWKHVLJQVRIWKH5),'WDJVZLWKDQDVVRFLDWHG,',QIOXHQFHRQFRPPXQLFDWLRQ1RWHWKHIROORZLQJჀ7KHXVHRIDQ0'6'GLUHFWO\RQPHWDOLVQRWSHUPLWWHG0HWDOLQIOXHQFHVWKHILHOGGDWDDQGWKXVWKHFRPPXQLFDWLRQჀ)OXVKLQVWDOODWLRQRID0'6'LQPHWDOUHGXFHVWKHILHOGGDWDჀ0HWDOOLFREMHFWVPXVWQRWUHGXFHWKHHIIHFWLYHUDQJHჀ$WHVWLVQHFHVVDU\LQFULWLFDODSSOLFDWLRQV<RXFDQILQGPRUHLQIRUPDWLRQLQWKHPDQXDO02%<'6\VWHP0DQXDO(GLWLRQREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH 3ODQQLQJWKHLQVWDOODWLRQORFDWLRQRIVLJQDOODPSV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  3ODQQLQJWKHLQVWDOODWLRQORFDWLRQRIVLJQDOODPSV<RXZLOOQHHGDVLJQDOODPSIRUDPDFKLQHRSHUDWHGLQIDLOVDIHPRGHZLWKWKHHQDEOLQJEXWWRQ7KHVLJQDOODPSQRWLILHVWKHRSHUDWRUWKDWKHVKHKDVORJJHGRQWRWKHPDFKLQH3ODQDFOHDUO\YLVLEOHLQVWDOODWLRQORFDWLRQIRUWKHVLJQDOODPSWKDWLVDVVLJQHGWRDPDFKLQH 3URWHFWLRQ]RQHIRUWKH2YHUULGHPRGH7KHIROORZLQJVHFXULW\V\VWHPVDUHUHTXLUHGჀ$OLPLWHGDQGVHFXUHGSURWHFWLRQUDQJH7KHSURWHFWLRQ]RQHPXVWEHIXOO\YLVLEOHWRWKHRSHUDWLQJSHUVRQQHO$KD]DUGRXVORFDWLRQPXVWEHYLVLEOHIURPHYHU\SRLQWRIWKHSURWHFWLRQ]RQHჀ:LWKLQWKHHIIHFWLYHUDQJHDVZLWFKLQGHSHQGHQWRIWKH+0,GHYLFHPXVWEHLQVWDOOHG$IWHUORJJLQJRQWRD+0,GHYLFHRQWKHHIIHFWLYHUDQJHWKHRSHUDWRUPXVWSUHVVWKHVZLWFKLQRUGHUWRHQDEOHWKHRYHUULGHPRGH<RXFDQILQGDFRQILJXUDWLRQH[DPSOHLQWKHFKDSWHU$FWLYDWLQJDQGGHDFWLYDWLQJ2YHUULGHPRGH3DJH<RXPXVWDOVRSODQVHFXULW\V\VWHPVLQRUGHUWRDYRLGDPLVXVHRUIDXOW\XVHRIWKH+0,GHYLFH7KHDGGLWLRQDOVHFXULW\V\VWHPVPXVWKDYHDVDIHW\FDWHJRU\WKDWLVFRPPHQVXUDWHZLWKWKHSODQWUHTXLUHPHQWV7KHIROORZLQJVHFXULW\V\VWHPVDUHVXLWDEOHჀ*UDWHZLWKSURWHFWLYHGRRU,I\RXXVHDJUDWLQJZLWKDSURWHFWLYHGRRU\RXKDYHWRSURWHFWDJDLQVWDFFHVVWRWKHSURWHFWLRQ]RQHXVLQJDIXUWKHUSURWHFWLYHPHDVXUHHJDOLJKWEDUULHURUDIRRWJUDWLQJ7KLVHQDEOHV\RXWROHDYHWKHSURWHFWLYHGRRURSHQDVDQHVFDSHURXWHGXULQJRSHUDWLRQRIWKHSODQWLQRYHUULGHPRGHჀ/LJKWEDUULHUჀ)RRWJUDWLQJVDIHW\VKXWGRZQPDWჀ$GGLWLRQDOSODQWW\SLFDOVHFXULW\PHDVXUHV 3ODQQLQJSURWHFWLRQ]RQHVLQWKH5),'WDJV\VWHP$WOHDVWRQHSURWHFWHGDUHDPXVWEHVHWXSLQDQ5),'WDJV\VWHP7KHSURWHFWLRQ]RQHLVWKHDUHDRIWKHSODQWLQZKLFKDSODQWVHFWLRQLVRSHUDWHGLQIDLOVDIHPRGHENGLISH27.07.2010
3ODQQLQJWKHXVH 3ODQQLQJSURWHFWLRQ]RQHVLQWKH5),'WDJV\VWHP 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(7KHSURWHFWLRQ]RQHUHTXLUHVORZEDUULHUDFFHVVIRUWKHRSHUDWRUWRWKHSODQWVHFWLRQWKDWLVORFDWHGZLWKLQWKHSURWHFWLRQ]RQH7KH+0,GHYLFHPXVWEHORJJHGRQWRDPDFKLQHZLWKLQWKHSURWHFWLRQ]RQHLQRUGHUWRRSHUDWHWKHPDFKLQHDIWHULQWHJUDWLRQLQWKHIDLOVDIHPRGHZLWKWKHHQDEOLQJEXWWRQ1RWH<RXFDQDOVRRSHUDWHWKH+0,GHYLFHRXWVLGHDSURWHFWLRQ]RQHZLWKRXWORJJLQJRQWRDPDFKLQH+RZHYHURSHUDWLRQLQWKHIDLOVDIHPRGHZLWKWKHHQDEOLQJEXWWRQLVWKHQQRWSRVVLEOH7KHIROORZLQJILJXUHVKRZVDSODQWZLWKDSURWHFWLRQ]RQH352),VDIH཰ 3URWHFWLRQ]RQHOLPLWཱ 3ODQWVHFWLRQLQWKHSURWHFWLRQ]RQHི 5),'WDJZLWKHIIHFWLYHUDQJH5HODWLRQVKLSEHWZHHQSURWHFWLRQ]RQHDQG5),'WDJ7KHSURWHFWLRQ]RQHOLPLWLVGHILQHGE\DFOHDUVSDWLDOGHPDUFDWLRQ,IWKH+0,GHYLFHLVORJJHGRQWRDPDFKLQHLQWKHSURWHFWHGDUHDZLWKD5),'WDJLWLVSRVVLEOHWRRSHUDWHWKHPDFKLQHLQIDLOVDIHPRGHZLWKDQHQDEOLQJEXWWRQZLWKLQWKHSURWHFWHGDUHDREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH &RH[LVWHQFHRIWKHIUHTXHQF\EDQGV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 5HTXLUHPHQWVIRUWKHSURWHFWLRQ]RQH7KHSURWHFWLRQ]RQHPXVWPHHWWKHIROORZLQJUHTXLUHPHQWVჀ7KHSURWHFWLRQ]RQHPXVWEHFRPSOHWHO\GHPDUFDWHGDQGSURWHFWHGჀ3URWHFWLRQ]RQHVPD\QRWRYHUODSჀ7KHSURWHFWLRQ]RQHPXVWEHIXOO\YLVLEOHWRWKHRSHUDWLQJSHUVRQQHOჀ$KD]DUGRXVORFDWLRQPXVWEHYLVLEOHIURPHYHU\SRLQWRIWKHSURWHFWLRQ]RQH<RXFDQILQGDFRQILJXUDWLRQH[DPSOHLQWKH$SSHQGL[Ⴠ7KHSURWHFWLRQ]RQHPXVWEHSURWHFWHGE\DVHFXULW\V\VWHPWKDWSUHYHQWVXQDXWKRUL]HGRUHUURQHRXVXVHRIWKH+0,GHYLFH7KHVHFXULW\V\VWHPPXVWKDYHDVDIHW\FDWHJRU\WKDWLVVXIILFLHQWWRPHHWWKHSODQWUHTXLUHPHQWV7KHIROORZLQJVHFXULW\V\VWHPVDUHVXLWDEOHჀ0HVKIHQFHZLWKDFFHVV,I\RXXVHDPHVKIHQFHIRUWKHSURWHFWLRQ]RQH\RXFDQSURWHFWDFFHVVWKURXJKDQDGGLWLRQDOVHFXULW\V\VWHPIRUH[DPSOHDOLJKWEDUULHURUDFRQWDFWSUHVVXUHPDW7KLVDOORZVRSHQDFFHVVIRUDQHVFDSHURXWHGXULQJRSHUDWLRQRIWKHSODQWჀ/LJKWEDUULHUჀ&RQWDFWSUHVVXUHPDW7KHVHFXULW\V\VWHPFDQEHFRQWUROOHGE\DVDIHW\SURJUDPVXFKDVDSURJUDPIRUURERWFRQWUROFRQIRUPLQJWRDURERWLFVGLUHFWLYH &RH[LVWHQFHRIWKHIUHTXHQF\EDQGV&RH[LVWHQFHLQWKH*+]EDQG7KHXVHRIWKH+0,GHYLFHGRHVQRWDIIHFWWKHFRPPXQLFDWLRQZLWKRWKHUGHYLFHVRURQO\QHJOLJLEO\VR7KLVDSSOLHVWRWKHIROORZLQJFRPPXQLFDWLRQQHWZRUNVჀ:/$1:KHQDGGLQJD:/$1SDUWLFLSDQWPDNHVXUHWKDW\RXREVHUYHWKHFRQGLWLRQVGHVFULEHGLQWKHGRFXPHQW:LUHOHVV/$1LQD352),1(7,2(QYLURQPHQW7KHFRQGLWLRQVYDU\GHSHQGLQJRQWKHRSHUDWLQJPRGHDQGWKHUHTXLUHPHQWIRU31,2UHIUHVKWLPHV6HH*XLGHOLQHIRUWKH8VHRI,QGXVWULDO:LUHOHVV/$1LQD352),1(7,2(QYLURQPHQWKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQჀ6WDQGDUG5),'V\VWHPDFFRUGLQJWR,62Ⴠ&RPPXQLFDWLRQSURWRFROVWKDWDUHXVHGIRURIILFHQHWZRUNVVPRNHGHWHFWRUVEDUFRGHVFDQQHUVHWFLQWKH*+]UDQJH<RXQHHGWRSODQWKHUDGLRFKDQQHOVZKHQRSHUDWLQJVXFKGHYLFHVVLPXOWDQHRXVO\LQWKH*+]EDQGದVHH&RQILJXUDWLRQKDQGERRN6&$/$1&(:KWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ2WKHUZLVHVXIILFLHQWEDQGZLGWKIRUFRPPXQLFDWLRQVFDQQRWEHJXDUDQWHHGჀ=LJ%HHGHYLFHVREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH 3ODQQLQJLQIRUPDWLRQVHFXULW\ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(&RH[LVWHQFHZLWKRWKHUFRPPXQLFDWLRQQHWZRUNV0RUHRYHUFRH[LVWHQFHLVHQVXUHGIRUWKHIROORZLQJFRPPXQLFDWLRQQHWZRUNVჀ&RH[LVWHQFHLQWKH*+]EDQG3ODQQLQJIRUWKHUDGLRFKDQQHOVRIDOO:/$1V\VWHPVLQXVHLVUHTXLUHGWRHQVXUHVXIILFLHQWEDQGZLGWKIRUFRPPXQLFDWLRQჀ:LUHOHVV+$57<RXQHHGWRSODQIRUWKHUDGLRFKDQQHOVIRUVLPXOWDQHRXVRSHUDWLRQRI,QGXVWULDO:LUHOHVV/$1V\VWHPVDQG:LUHOHVV+$57V\VWHPVLQWKH*+]EDQG$YRLGVLPXOWDQHRXVXVHRIRYHUODSSLQJIUHTXHQF\UDQJHV7KHUHLVRYHUODSSLQJEHWZHHQ,QGXVWULDO:LUHOHVV/$1DQG:LUHOHVV+$57ದVHH&RQILJXUDWLRQPDQXDO6&$/$1&(:KWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQFKDSWHU6HHDOVR:/$1SURSHUWLHV3DJH 3ODQQLQJLQIRUPDWLRQVHFXULW\,QIRUPDWLRQVHFXULW\LVDYLWDODVSHFWLQDXWRPDWLRQHQJLQHHULQJSDUWLFXODUO\WRHQVXUHWKHDYDLODELOLW\DQGLQWHUIHUHQFHIUHHRSHUDWLRQRILQGXVWULDOSODQWV7RHQVXUHFRPPXQLFDWLRQDQGLQIRUPDWLRQVHFXULW\YLD:/$1IRUWKH+0,GHYLFH\RXQHHGWRSURWHFWWKHFRPPXQLFDWLRQV\VWHPIURPDWWDFN([SHFWჀ$WWDFNVIURPWKHRXWVLGH7RSURWHFWDJDLQVWH[WHUQDODWWDFNV\RXPXVWSURWHFWWKH:/$1LQWKHVDPHZD\\RXZRXOGSURWHFWRIILFHFRPPXQLFDWLRQQDPHO\ZLWKDILUHZDOOჀ$WWDFNVIURPWKHLQVLGH,QYHVWLJDWLRQVKDYHVKRZQWKDWWKHPDMRULW\RIDWWDFNVRQLQIRUPDWLRQVHFXULW\DUHH[HFXWHGIURPLQVLGHWKHSODQW7RHQVXUHLQIRUPDWLRQVHFXULW\\RXQHHGWRWDNHDFWLRQIRUದ&RQILJXUDWLRQDQGSDUDPHWHUVHWWLQJV3RVVLEOHREMHFWLYHVRIDQDWWDFNDUHWKHSURMHFWDQGWKHSDUDPHWHUVHWWLQJVRIWKH+0,GHYLFHದ3URGXFWLYHRSHUDWLRQGDWD7KHSURGXFWLYHGDWDFDQEHPDQLSXODWHGIRUH[DPSOHE\VHQGLQJDVHULHVRIIDOVH352),VDIHPHVVDJHIUDPHVZKLFKSUHYHQWWKHSODQWIURPEHLQJVZLWFKHGRII'DWDWUDQVIHUEHWZHHQ+0,GHYLFHDQGDFFHVVSRLQWLVSURWHFWHGE\WKH$(6HQFU\SWLRQPHFKDQLVP0DQLSXODWLRQRISURGXFWLYHGDWDLVSUHYHQWHGLQWKLVPDQQHUENGLISH27.07.2010
3ODQQLQJWKHXVH3ODQQLQJLQIRUPDWLRQVHFXULW\0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 2UJDQL]DWLRQDOPHDVXUHV7KHRUJDQL]DWLRQDOPHDVXUHVWRHQVXUHLQIRUPDWLRQVHFXULW\DUHGHVFULEHGLQWKHIROORZLQJGRFXPHQWVჀ,(&)XQFWLRQDOVDIHW\ILHOGEXVVHVದ$GGLWLRQDOVSHFLILFDWLRQVIRU&3)Ⴠ352),VDIH(QYLURQPHQWDO5HTXLUHPHQWV6SHFLI\WKHRUJDQL]DWLRQDOPHDVXUHV\RXPXVWLPSOHPHQWLQDFFRUGDQFHZLWK\RXUSODQWVUHTXLUHPHQWVWRDFKLHYHWKHKLJKHVWSRVVLEOHLQIRUPDWLRQVHFXULW\IRUFRPPXQLFDWLRQYLD:/$1,QGRLQJVRWDNHLQWRFRQVLGHUDWLRQჀ&RQILJXUDWLRQSKDVHჀ3URFHVVFRQWUROSKDVH&KHFNWKHLQWHUSOD\RIWKHVSHFLILHGPHDVXUHV&KHFNOLVW3HUIRUPWKHIROORZLQJWDVNVIRUDSSOLFDWLRQSODQQLQJDQGFRQILUPWKHLPSOHPHQWDWLRQRIHDFKVWHSLQWKHIROORZLQJFKHFNOLVW7KHWDVNVRQO\FRQGLWLRQDOO\UHTXLUHGIRU352),VDIHFRPSOLDQFHDUHPDUNHGLWDOLFLQWKHFKHFNOLVWჀ$FFHVVSRLQW7DVN $GGLWLRQDOLQIRUPDWLRQ &KHFN6HOHFWWKHLQVWDOODWLRQVLWHDQGDQWHQQDFKDUDFWHULVWLFVRIWKHDFFHVVSRLQWLQVXFKDPDQQHUWKDWRQO\WKHGHVLUHGDUHDLVVXSSOLHGZLWKZLUHOHVVFDSDFLW\,QWKLVUHJDUGQRWHWKDWZLUHOHVVZDYHVVSUHDGRXWKRUL]RQWDOO\DVZHOODVYHUWLFDOO\$FFHVVSRLQWRSHUDWLQJLQVWUXFWLRQV6,1(0$(SODQQLQJSURJUDPKWWSZZZVLHPHQVFRPVLQHPD,QVWDOOWKHDFFHVVSRLQWVDWORFDWLRQVVHFXUHGDJDLQVWDWWDFNIRUH[DPSOHLQVXVSHQGHGFHLOLQJV7KLVFDQSUHYHQWPDQLSXODWLRQDWWKHDFFHVVSRLQWRUDWWKH(WKHUQHWFRQQHFWLRQWRWKH/$1ದ $OZD\VXVHFDEOHFRQQHFWLRQVWRFRQILJXUHDFFHVVSRLQWVದ &KDQJHWKHDGPLQLVWUDWLYHSDVVZRUGVHW 6&$/$1&(:FRQILJXUDWLRQPDQXDOKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ+LGGHQ66,'&RQILJXUHWKHDFFHVVSRLQWVRWKDWWKH66,'RIWKHUDGLRFHOOUHPDLQVKLGGHQ6&$/$1&(:FRQILJXUDWLRQPDQXDOKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ&KDQJHWKH66,'VHWWLQJ (QWHULQJDQGGHOHWLQJDSDVVZRUG3DJHREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH 3ODQQLQJLQIRUPDWLRQVHFXULW\ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(Ⴠ&RPPXQLFDWLRQQHWZRUN7DVN $GGLWLRQDOLQIRUPDWLRQ &KHFN([DPLQHWKHDSSOLFDWLRQHQYLURQPHQWZLWKDVSHFWUXPDQDO\]HUDQGYLD:/$1PHDVXUHPHQWSURJUDPVIRUSRVVLEOHUDGLRLQWHUIHUHQFH,I\RXGHWHFWVRXUFHVRILQWHUIHUHQFHVSHFLI\WKHDSSURSULDWHUHPHGLDOPHDVXUHV/RJWKHUHVXOWVದ 2QO\RSHUDWHWKHFRPPXQLFDWLRQQHWZRUNLQWKHLQIUDVWUXFWXUHPRGH6\VWHPPDQXDO%DVLFVRQ6HWWLQJXSDQ,QGXVWULDO:LUHOHVV/$1KWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ1HWZRUNDUFKLWHFWXUHVHFWLRQ,VRODWHWKHDXWRPDWLRQQHWZRUNVIURPDOORWKHUQHWZRUNV8VHURXWHUVDQGILUHZDOOVRU931VDWSRLQWVZKHUHFRQQHFWLRQVWRWKHVHQHWZRUNVDUHQHHGHG/LPLWWKHFRPPXQLFDWLRQEHWZHHQWKHQHWZRUNVWRWKHDEVROXWHPLQLPXPUHTXLUHG2SHUDWLQJ,QVWUXFWLRQV6&$/$1&(;KWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ2SHUDWLQJ,QVWUXFWLRQV6&$/$1&(6DQG62)71(76HFXULW\&OLHQWKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ3UHYHQWXQDXWKRUL]HGSDUWLFLSDWLRQLQWKHZLUHOHVVFRPPXQLFDWLRQXVLQJDXWKHQWLFDWLRQPHFKDQLVPV6&$/$1&(:FRQILJXUDWLRQPDQXDOKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQჀ+0,GHYLFH7DVN $GGLWLRQDOLQIRUPDWLRQ &KHFN8VHDSDVVZRUGWRSURWHFWWKH&RQWURO3DQHODQG7DVNEDURIWKH+0,GHYLFHDJDLQVWXQDXWKRUL]HGDFFHVV6HFWLRQ(QWHULQJDQGGHOHWLQJDSDVVZRUG3DJH(QDEOHWKHGDWDFKDQQHOXVHGWRWUDQVIHUWKHSURMHFWWRWKH+0,GHYLFHRQO\GXULQJWKHWUDQVIHURIWKHSURMHFW6HFWLRQ3URJUDPPLQJWKHGDWDFKDQQHO3DJH(QDEOHHQFU\SWLRQIRUGDWDWUDQVPLVVLRQLQWKH:/$1FRQILJXUDWLRQ&KDQJHWKHGHIDXOWSDVVZRUGIRUDFFHVVLQJWKH:/$1FRQILJXUDWLRQLQWKH:HE%DVHGPDQDJHPHQW6HFWLRQ&RQILJXULQJWKH:/$1FRQQHFWLRQ3DJHREVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH3ODQQLQJLQIRUPDWLRQVHFXULW\0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( Ⴠ)&38DQGVDIHW\SURJUDP7DVN $GGLWLRQDOLQIRUPDWLRQ &KHFN8VHSDVVZRUGVWRSURWHFWDFFHVVWRWKH)&38DQGVDIHW\SURJUDP3URJUDPPLQJDQGRSHUDWLRQPDQXDO6'LVWULEXWHG6DIHW\&RQILJXULQJDQG3URJUDPPLQJKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQVHFWLRQ3URWHFWLRQDJDLQVWDWWDFNჀ:LQ&&IOH[LEOH(67DVN $GGLWLRQDOLQIRUPDWLRQ &KHFN3URWHFW:LQ&&IOH[LEOH(VZLWKJHQHUDO,7WHFKQRORJLHV([DPSOHVx3URWHFWWKH3&ZKHUHWKH(6LVLQVWDOOHGRQWKHRSHUDWLQJV\VWHPOHYHOZLWKDSDVVZRUGx8VHDVXLWDEOHHQFU\SWLRQSURJUDPWRHQFU\SWILOHVIROGHUVDQGSDUWLWLRQVx$VVLJQWKHDFFHVVULJKWIRUDGULYHRQO\WRDVSHFLILFJURXSRISHRSOHx(QFU\SWWKHGDWDZLWKPHFKDQLVPVSURYLGHGE\06:LQGRZVದ 8VHDSDVVZRUGWRSURWHFWWKH(IIHFWLYHUDQJHQDPHREMHFW:LQ&&IOH[LEOH,QIRUPDWLRQ6\VWHP <RXFDQILQGDGGLWLRQLQIRUPDWLRQRQWKHWRSLFRIGDWDVHFXULW\LQWKHIROORZLQJSXEOLFDWLRQVჀ6\VWHPPDQXDO)XQGDPHQWDOV,QGXVWULDO:LUHOHVV/$1VHFWLRQ,QIRUPDWLRQVHFXULW\RIZLUHOHVVFRPPXQLFDWLRQLQDFFRUGDQFHZLWK,(((Ⴠ%URFKXUH:LUHOHVV&RPPXQLFDWLRQ6\VWHPVDQGWKHLU6HFXULW\$VSHFWVSXEOLVKHGE\WKH*HUPDQ)HGHUDO$JHQF\IRU6HFXULW\LQ,QIRUPDWLRQ7HFKQRORJ\REVIEWENGLISH27.07.2010
3ODQQLQJWKHXVH 3ODQQLQJLQIRUPDWLRQVHFXULW\ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(REVIEWENGLISH27.07.2010
0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 0RXQWLQJDQGFRQQHFWLRQ  &KHFNWKHVFRSHRIGHOLYHU\&KHFNWKHVFRSHRIGHOLYHU\IRUFRPSOHWHQHVVDQGYLVLEOHVLJQVRIWUDQVSRUWGDPDJH127,&('RQRWXVHGDPDJHGSDUWV,I\RXXVHGHIHFWLYHSDUWVIURPWKHVFRSHRIGHOLYHU\\RXPD\H[SHULHQFHPDOIXQFWLRQV,I\RXILQGGHIHFWLYHSDUWVLQWKHVFRSHRIGHOLYHU\FRQWDFW\RXU6LHPHQVSDUWQHU2QO\LQVWDOOXQGDPDJHGSDUWV 0RXQWLQJWKHFKDUJLQJVWDWLRQ5HTXLUHPHQWVჀ[0F\OLQGHUKHDGVFUHZVZLWKQXWVLIUHTXLUHGჀ$QLGHDOPRXQWLQJORFDWLRQZLWKDQDGHTXDWHDPRXQWRIIUHHVSDFHZDVVHOHFWHGIRUWKHFKDUJLQJVWDWLRQVHH0RXQWLQJORFDWLRQDQGFOHDUDQFHRIFKDUJLQJVWDWLRQ3DJH3URFHGXUH3URFHHGDVIROORZV 3ODFHWKHFKDUJLQJVWDWLRQRQWRWKHPRXQWLQJVXUIDFH 0DUNWKHIDVWHQLQJKROHVZLWKDPDUNLQJRIIWRRO 'ULOOWKURXJKKROHVRU[0WKUHDGHGKROHV 0RXQWWKHFKDUJLQJVWDWLRQ &RQQHFWLQJWKHFKDUJLQJVWDWLRQ5HTXLUHPHQWVჀ7KHFKDUJLQJVWDWLRQLVPRXQWHGDFFRUGLQJWRWKHVSHFLILFDWLRQVLQWKLVGRFXPHQWჀ7KUHHFRUHFDEOHIOH[LEOHPPtჀ(QGVOHHYHVჀFRQQHFWRULQFOXGHGLQDFFHVVRULHVSDFNRIWKHFKDUJLQJVWDWLRQREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ &RQQHFWLQJWKHFKDUJLQJVWDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(6WUXFWXUHRIFRQQHFWRU7KHIROORZLQJILJXUHVKRZVWKHVWUXFWXUHRIWKHFRQQHFWRU3UHVVXUHVFUHZ&ODPSLQJEDVNHW6HDO&RXSOLQJVOHHYH)HPDOHFRQWDFWLQVHUW.QXUOHGQXW3LQ $VVLJQPHQWRIIHPDOHFRQWDFWLQVHUW 9'& QF *1'9 3(3URFHGXUHದ,QVWDOOLQJWKHFRQQHFWRU3URFHHGDVIROORZV )LWHQGVOHHYHVRQWKHZLUHHQGV 3XVKWKHSUHVVXUHVFUHZFODPSLQJEDVNHWVHDODQGFRXSOLQJVOHHYHRQWRWKHFDEOH )DVWHQWKHZLUHVWRWKHFRQWDFWVLQWKHIHPDOHFRQWDFWLQVHUW ,QVWDOOWKHFRQQHFWRU3URFHGXUHದ&RQQHFWLQJWKHFKDUJLQJVWDWLRQ3URFHHGDVIROORZV &RQQHFWWKHFDEOHWRWKHSRZHUVXSSO\ 3OXJWKHFRQQHFWRULQWRWKHVRFNHWRQWKHFKDUJLQJVWDWLRQ 6HFXUHWKHFRQQHFWRUZLWKWKHNQXUOHGQXWREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ0RXQWLQJWKHWUDQVSRQGHU0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  0RXQWLQJWKHWUDQVSRQGHU5HTXLUHPHQWVჀ[0F\OLQGHUKHDGVFUHZVZLWKQXWVLIUHTXLUHGჀ$QLGHDOSRVLWLRQZDVVHOHFWHGIRUWKHWUDQVSRQGHUVHHFKDSWHU3ODQQLQJWKHLQVWDOODWLRQORFDWLRQRIWUDQVSRQGHUV3DJH3URFHGXUH3URFHHGDVIROORZV 3ODFHWKHWUDQVSRQGHURQWRWKHPRXQWLQJVXUIDFH 0DUNWKHIDVWHQLQJKROHVZLWKDPDUNLQJRIIWRRO 'ULOOWZRWKURXJKKROHVRUWZRWKUHDGHGKROHV0 $WWDFKWKHWUDQVSRQGHU 6HWWLQJWKHWUDQVSRQGHU,'DQGLQVHUWLQJWKHEDWWHULHV5HTXLUHPHQWVჀ7RU[VFUHZGULYHUVL]H7Ⴠ6FUHZGULYHUVL]HჀ9$$PLJQRQEDWWHULHVದLQFOXGHGLQWKHWUDQVSRQGHUDFFHVVRU\NLW3URFHGXUHದRSHQLQJWKHWUDQVSRQGHU1RWH2EVHUYHWKHQRWHVDERXWWKH(*%LQFKDSWHU(6'JXLGHOLQH3DJH3URFHHGDVIROORZVREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ 6HWWLQJWKHWUDQVSRQGHU,'DQGLQVHUWLQJWKHEDWWHULHV 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( /RRVHQWKHIRXUPDUNHGVFUHZV&RYHU6FUHZV6FUHZV /D\WKHFRYHUDVLGH7KHVFUHZVDUHLQWKHFRYHUVRWKDWWKH\FDQQRWEHORVW7KHIROORZLQJLPDJHVKRZVWKHORFDWLRQRIWKHURWDU\FRGLQJVZLWFKDQGWKHEDWWHU\FRPSRQHQW5RWDU\FRGLQJVZLWFKREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ 6HWWLQJWKHWUDQVSRQGHU,'DQGLQVHUWLQJWKHEDWWHULHV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( ([DPSOHIRUDQ,'7KHIROORZLQJLPDJHVKRZVWKHH[DPSOHRIWKH,'$+LQDGHFLPDOIRUPDW5RWDU\FRGLQJVZLWFKHVIRUIRXUWKGHFDGHKLJKHVWYDOXHE\WH6HWYDOXH5RWDU\FRGLQJVZLWFKHVIRUWKLUGGHFDGH6HWYDOXH$5RWDU\FRGLQJVZLWFKHVIRUVHFRQGGHFDGH6HWYDOXH5RWDU\FRGLQJVZLWFKHVIRUILUVWGHFDGHORZHVWYDOXHE\WH6HWYDOXH/6%06%$&($&($&($&(3URFHGXUHದLQVHUWLQJWKHEDWWHU\DQGVHWWLQJ,'3URFHHGDVIROORZV ,QVHUWWKHEDWWHULHVLQWKHEDWWHU\FRPSDUWPHQWFRUUHVSRQGLQJZLWKWKHSRODULW\ODEHO 6HWWKHDVVLJQHG,'ZLWKWKHKHOSRIDVFUHZGULYHU7KHYDOXHVSHUPLWWHGDUHWR)))(LHWRLQGHFLPDOIRUPDW3OHDVHQRWHWKH06%DQG/6%PDUNLQJVRQWKHSULQWHGFLUFXLWERDUG5HIHUWR\RXUSODQWGRFXPHQWDWLRQIRUDGGLWLRQDOLQIRUPDWLRQ3URFHGXUHದFORVLQJWKHWUDQVSRQGHU3URFHHGDVIROORZV 3ODFHWKHFRYHURQWKHWUDQVSRQGHU 7LJKWHQWKHIRXUVFUHZV127,&('DPDJHWRWUHDGLQJSRVVLEOH7KHWUDQVSRQGHUKRXVLQJLVPDGHRISODVWLF7KHUHIRUHWKHPRXQWLQJKROHWKUHDGVFDQQRWKDQGOHWKHVDPHDPRXQWRIVWUHVVDVDFRPSDUDEOHPHWDOOLFKRXVLQJ,IWKHVFUHZVDUHWLJKWHQHGPRUHWKDQWLPHVWKHUHLVULVNRIGDPDJHWRWKHWKUHDGV'RQRWH[FHHGWR1PRIWRUTXHZKHQWLJKWHQLQJWKHVFUHZVREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ ,QVWDOOLQJDQ5),'WDJ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( ,QVWDOOLQJDQ5),'WDJ5HTXLUHPHQWჀ5),'WDJჀIL[LQJSRFNHWჀ0F\OLQGHUKHDGVFUHZVZLWKQXWVLIUHTXLUHGჀ$QLQVWDOODWLRQORFDWLRQKDVEHHQVHOHFWHGIRUWKH5),'WDJDVGHVFULEHGLQWKHFKDSWHU3ODQQLQJDQLQVWDOODWLRQORFDWLRQIRU5),'WDJV3DJH,ILQVWDOOLQJRQDPHWDOOLFEDVHჀVSDFHUჀ0F\OLQGHUKHDGVFUHZVZLWKQXWVLIUHTXLUHG1RWH7KHPRXQWLQJEUDFNHWVRQERWKVLGHVRIWKHVSDFHUSHUPLWIL[DWLRQZLWKFDEOHWLHV0RXQWLQJKROH0RXQWLQJKROH%UDFNHW3URFHGXUHZLWKDPHWDOOLFLQVWDOODWLRQORFDWLRQ3URFHHGDVIROORZV 3RVLWLRQWKHVSDFHURQWKHLQVWDOODWLRQORFDWLRQ 0DUNWKHIDVWHQLQJKROHVZLWKDPDUNLQJRIIWRRO 'ULOOWZRWKURXJKKROHVRUWZRWKUHDGHGKROHV0 0RXQWWKHVSDFHU %HQGWKHWDEVRQWKHIL[LQJSRFNHWWRWKHUHDUDWULJKWDQJOHV 6OLGHWKH5),'WDJLQWRWKHIL[LQJSRFNHW 6OLGHWKHWDEVRIWKHIL[LQJSRFNHWLQWRWKHVSDFHU7KHWDEVVQDSLQWRSODFHDQGDUHVHFXUHGE\VWXGVREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ&RQQHFWLQJWKH+0,GHYLFH0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 3URFHGXUHದZLWKDQRQPHWDOOLFLQVWDOODWLRQORFDWLRQ3URFHHGDVIROORZV 3RVLWLRQWKHIL[LQJSRFNHWRQWKHLQVWDOODWLRQORFDWLRQ 0DUNWKHIDVWHQLQJKROHVZLWKDPDUNLQJRIIWRRO 'ULOOWZRWKURXJKKROHVRUWZRWKUHDGHGKROHV0 )DVWHQWKHIL[LQJSRFNHW 6OLGHWKH5),'WDJLQWRWKHIL[LQJSRFNHW &RQQHFWLQJWKH+0,GHYLFH 6DIHW\LQVWUXFWLRQV&$87,212QO\XVHIRUDSSURYHGGHYLFHV1RQDSSURYHGGHYLFHVPD\FDXVHPDOIXQFWLRQV2SHUDWHWKH+0,GHYLFHH[FOXVLYHO\ZLWKWKHDSSURYHGGHYLFHVVHHFKDSWHUx6FRSHRIGHOLYHU\3DJHx$FFHVVRULHV3DJH0DOIXQFWLRQSRVVLEOH,IWKH+0,GHYLFHLVVZLWFKHGRQDQGO\LQJRQLWVIURQWDQ\RQHRIWKHRSHUDWRUFRQWUROVFDQWULJJHUDPDOIXQFWLRQ6ZLWFKRIIWKH+0,GHYLFHZKHQHYHUSRVVLEOH'DPDJHWRWKH+0,GHYLFHE\IRUHLJQREMHFWVDQGOLTXLGV'DPDJHPD\RFFXUWRWKH+0,GHYLFHLILWLVRSHQHGE\XQDXWKRUL]HGSHUVRQQHO)RUHLJQERGLHVDQGOLTXLGVPD\QRWJHWLQWRWKHLQWHULRURIWKH+0,GHYLFHDQGRQWKHSULQWHGFLUFXLWERDUG7KHFRQQHFWLRQDQGEDWWHU\FRPSDUWPHQWVWKHUHIRUHPD\RQO\EHRSHQHGE\SURIHVVLRQDOSHUVRQQHOIRUVHUYLFLQJREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ &RQQHFWLQJWKH+0,GHYLFH 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(127,&('RQRWH[FHHGWKHEULGJLQJWLPH,IWKHPDLQUHFKDUJHDEOHEDWWHU\LVUHPRYHGWKH+0,GHYLFHVXSSOLHGE\WKHUHFKDUJHDEOHEXIIHUEDWWHU\7KHPD[LPXPEXIIHUWLPHLVVHFRQGV,I\RXH[FHHGWKHEULGJLQJWLPHWKH+0,GHYLFHPD\VZLWFKRIIDXWRPDWLFDOO\7KLVWULJJHUVDVKXWGRZQRUUDPSGRZQRIDQLQWHJUDWHG+0,GHYLFH'RQRWH[FHHGWKHEXIIHUWLPH2SHQLQJWKHFRQQHFWLRQRUEDWWHU\FRPSDUWPHQW7KH+0,GHYLFHGRHVQRWPHHWGHJUHHRISURWHFWLRQ,3ZKHQWKHFRQQHFWLRQRUEDWWHU\FRPSDUWPHQWLVRSHQ'RQRWRSHQWKHFRQQHFWLRQRUEDWWHU\FRPSDUWPHQWLIGXVWRUPRLVWXUHFDQHQWHUWKHGHYLFH&ORVHDQRSHQFRPSDUWPHQWFRPSOHWHO\ 2SHQLQJDQGFORVLQJWKHEDWWHU\DQGWHUPLQDOFRPSDUWPHQW7KHFRQQHFWLRQFRPSDUWPHQWPD\QRWEHRSHQHGZKLOHWKH+0,GHYLFHLVLQRSHUDWLRQ7KLVZLOOQRWLQWHUUXSWWKHSRZHUVXSSO\WRWKH+0,GHYLFH5HTXLUHPHQWჀ&URVVKHDGVFUHZGULYHUVL]H3URFHGXUHದRSHQLQJWKHWHUPLQDOFRPSDUWPHQW&$87,213RZHUVXSSO\,IWKHSRZHUVXSSO\XQLWLVFRQQHFWHGWKHSDUWVRIWKH+0,GHYLFHZLOOEHXQGHUYROWDJH'LVFRQQHFWWKHSRZHUVXSSO\IURPWKH+0,GHYLFH:LULQJWRFKDUJLQJFRQWDFWV7KHFRQQHFWLRQED\FRYHULVFRQQHFWHGWRWKH+0,GHYLFHVKRXVLQJE\ZLULQJ7KLVFDQEHGDPDJHGGXULQJRSHQLQJ&DUHIXOO\RSHQWKHFRQQHFWLRQED\FRYHU1RWH)LUVWRSHQWKHEDWWHU\FRPSDUWPHQWFRYHUDQGWDNHRXWWKHPDLQEDWWHU\5HPRYHWKHFRQQHFWLRQED\FRYHUREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ&RQQHFWLQJWKH+0,GHYLFH0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 3URFHHGDVIROORZV 3XOOXSWKHORFNLQJODWFKRQWKHEDWWHU\FRPSDUWPHQWFRYHU5DVWKDNHQ+DXSWDNNX$NNXIDFKDEGHFNXQJ 2SHQWKHEDWWHU\FRPSDUWPHQWFRYHU 5HPRYHWKHEDWWHU\FRPSDUWPHQWFRYHU7KHEDWWHU\FRPSDUWPHQWLVRSHQ7KHPDLQEDWWHU\LVYLVLEOH 5HPRYHWKHPDLQEDWWHU\XVLQJWKHULEERQ 8QVFUHZWKHVL[VFUHZVDSSUR[LPDWHO\FPRXWRIWKHFRQQHFWLRQED\FRYHU7KHFRQQHFWLRQED\FRYHULVGHVLJQHGLQVXFKDZD\WKDWWKHVFUHZVFDQQRWEHORVW 5HPRYHWKHFRQQHFWLRQED\FRYHU5HVXOW7KHFRQQHFWLRQED\LVRSHQ཰ $QWHQQDཱ &RQWDFWVIRUWKHPDLQEDWWHU\ི :LULQJWRFKDUJLQJFRQWDFWVཱི 5XEEHUVHDOུ &RQQHFWLRQED\FRYHUREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ &RQQHFWLQJWKH+0,GHYLFH 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(3URFHGXUHIRUFORVLQJWKHFRQQHFWLRQED\DQGEDWWHU\FRPSDUWPHQW&$87,21'HJUHHRISURWHFWLRQ,3(QVXUHWKDWWKHVHDOVEHORQJLQJWRWKHFRQQHFWLRQED\FRYHUDQGEDWWHU\FRPSDUWPHQWFRYHUDUHSUHVHQWGXULQJPRXQWLQJ$IWHUFRPSOHWLQJWKHFRQQHFWLRQVFKHFNZKHWKHUWKHFRYHUVDUHILWWHGRQWKH86%LQWHUIDFHDQGWKHWHUPLQDOIRUWKHSRZHUVXSSO\XQLW:LULQJWRFKDUJLQJFRQWDFWV,IWKHOLQHWRWKHFKDUJLQJFRQWDFWVLVVWXFNWKLVPD\UHVXOWLQIXQFWLRQDOSUREOHPV:KHQFORVLQJWKHFRQQHFWLRQED\FRYHUEHFDUHIXOQRWWRWUDSWKHZLULQJDWWKHFKDUJLQJFRQWDFWV&RQQHFWLRQFRPSDUWPHQW,ISDUWVRWKHUWKDQWKHPDLQEDWWHU\DQGPHPRU\FDUGUHPDLQLQWKHFRQQHFWLRQED\WKLVPD\UHVXOWLQIXQFWLRQDOSUREOHPV2QO\XVHWKHFRQQHFWLRQED\WRLQVHUWWKHPHPRU\FDUGDQGPDLQEDWWHU\0RXQWLQJKROHWKUHDGV7KH+0,GHYLFHKRXVLQJLVPDGHRISODVWLF7KHUHIRUHWKHPRXQWLQJKROHWKUHDGVFDQQRWKDQGOHWKHVDPHDPRXQWRIVWUHVVDVDFRPSDUDEOHPHWDOOLFKRXVLQJ,IWKHVFUHZVDUHWLJKWHQHGPRUHWKDQWLPHVWKHUHLVULVNRIGDPDJHWRWKHWKUHDGV'RQRWH[FHHGWR1PRIWRUTXHZKHQWLJKWHQLQJWKHVFUHZV3URFHHGDVIROORZV 3ODFHWKHFRQQHFWLRQED\FRYHURQWKHFRQQHFWLRQED\%HFDUHIXOZLWKWKHZLULQJWRWKHFKDUJLQJFRQWDFWV 7LJKWHQWKHVFUHZVRQWKHFRQQHFWLRQED\FRYHU ,QVHUWWKHPDLQEDWWHU\ ,QVHUWWKHEDWWHU\FRPSDUWPHQWFRYHU7KHIDVWHQHURIWKHEDWWHU\FRPSDUWPHQWFRYHUPXVWHQJDJHEHORZWKHORFNLQJODWFK5HVXOW7KHFRQQHFWLRQED\DQGEDWWHU\FRPSDUWPHQWRIWKH+0,GHYLFHDUHQRZFORVHG6HHDOVR(6'JXLGHOLQH3DJHREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ&RQQHFWLQJWKH+0,GHYLFH0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  3RUWVDQGUHVHWEXWWRQ7KHIROORZLQJILJXUHVKRZVWKHLQWHUIDFHVDQGUHVHWEXWWRQRIWKH+0,GHYLFH   ཰ &RQQHFWLRQIRUSRZHUVXSSO\ཱ &DEOHFRQQHFWRUIRUZLULQJWRFKDUJLQJFRQWDFWVི 5-VRFNHWཱི 5HVHWEXWWRQུ 86%LQWHUIDFH7KH86%VRFNHWDQGWKHFRQQHFWRUIRUWKHSRZHUVXSSO\XQLWDUHVKRZQDVSOXJV$OOXQVDYHGGDWDZLOOEHORVWZKHQ\RXSUHVVWKHUHVHWEXWWRQ3UHVVWKHUHVHWEXWWRQRQO\ZKHQWKH+0,GHYLFHLVQRORQJHUZRUNLQJSURSHUO\DQGQRORQJHUUHVSRQGVWRLQSXW ,QVHUWLQJDPHPRU\FDUG7KHIROORZLQJFDQEHVDYHGWRWKHPHPRU\FDUGRIWKH+0,GHYLFHჀ/RJVჀ5HFLSHVჀ2SHUDWLQJV\VWHPჀ$SSOLFDWLRQVჀ$GGLWLRQDOVSHFLILFDWLRQV7KHPHPRU\FDUGFDQEHLQVHUWHGDQGUHPRYHGGXULQJRSHUDWLRQ'RQRWUHPRYHWKHPHPRU\FDUGZKLOHGDWDLVEHLQJDFFHVVHGE\DQDSSOLFDWLRQIRUH[DPSOHGXULQJEDFNXSRUUHFLSHWUDQVIHU1RWH7KHPLFURPHPRU\FDUGRIWKH6,0$7,&63/&FDQQRWEHXVHGREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ &RQQHFWLQJWKH+0,GHYLFH 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(5HTXLUHPHQWჀ7KHEDWWHU\FRPSDUWPHQWRIWKH+0,GHYLFHLVRSHQჀ7KHPDLQUHFKDUJHDEOHEDWWHU\KDVEHHQUHPRYHGჀ7KHFRQQHFWLRQED\RQWKH+0,GHYLFHLVRSHQ6ORW0HPRU\FDUGLFRQ3URFHGXUHIRULQVHUWLQJDPHPRU\FDUG1RWH5HDGWKHLQIRUPDWLRQSURYLGHGLQFKDSWHU2SHQLQJDQGFORVLQJWKHEDWWHU\DQGWHUPLQDOFRPSDUWPHQW3DJH2EVHUYHWKHQRWHVDERXWWKH(*%LQFKDSWHU(6'JXLGHOLQH3DJH3URFHHGDVIROORZV ,QVHUWWKHPHPRU\FDUGLQWRWKHVORW3D\DWWHQWLRQWRWKHPHPRU\FDUGV\PEROZKHQLQVHUWLQJWKHPHPRU\FDUG$QDUURZRQWKHPHPRU\FDUGLQGLFDWHVWKHIURQWVLGHDQGWKHGLUHFWLRQRILQVHUWLRQ:KHQWKHPHPRU\FDUGLVFRUUHFWO\LQVHUWHGLQWRWKHVORWLWVWDQGVDSSUR[PPSURXGRIWKHVORW3URFHGXUHದXVLQJDPHPRU\FDUGIRUWKHILUVWWLPH1RWH7KHILUVWWLPH\RXXVHDPHPRU\FDUGWKH+0,GHYLFHZLOOSURPSW\RXWRIRUPDWLW$OOGDWDLVORVWRQWKHPHPRU\FDUGGXULQJIRUPDWWLQJ%DFNXSH[LVWLQJGDWDLIQHFHVVDU\EHIRUH\RXXVHWKHPHPRU\FDUGLQWKH+0,GHYLFH3URFHHGDVIROORZV &DQFHOWKHIRUPDWWLQJSURFHGXUHE\SUHVVLQJ(6& 5HPRYHWKHPHPRU\FDUGIURPWKHVORWREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ&RQQHFWLQJWKH+0,GHYLFH0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  %DFNXSGDWDWKDWDUHVWLOOQHHGHG ,QVHUWWKHPHPRU\FDUGLQWRWKHVORW )RUPDWWKHPHPRU\FDUG3URFHGXUHIRUXQSOXJJLQJDPHPRU\FDUG3URFHHGDVIROORZV 3XOOWKHPHPRU\FDUGRXWRIWKHVORW &ORVHWKHFRQQHFWLRQED\ ,QVHUWWKHPDLQEDWWHU\ &ORVHWKH+0,GHYLFHVEDWWHU\FRPSDUWPHQW 6WRUHWKHPHPRU\FDUGLQDVDIHSODFH 5HSODFLQJDQGFKDUJLQJWKHPDLQUHFKDUJHDEOHEDWWHU\ 6DIHW\LQVWUXFWLRQV&$87,21&KDUJLQJDQGGLVFKDUJLQJWKHUHFKDUJHDEOHEDWWHU\7KHUHLVDULVNRIILUHDQGLQH[WUHPHFDVHVH[SORVLRQLQWKHIROORZLQJVLWXDWLRQVx,QFRUUHFWFKDUJLQJDQGGLVFKDUJLQJRIWKHUHFKDUJHDEOHEDWWHU\x5HYHUVHSRODULW\x6KRUWFLUFXLW2QO\FKDUJHWKHUHFKDUJHDEOHEDWWHU\LQWKH+0,GHYLFHRULQDFKDUJHUDSSURYHGIRUWKH+0,GHYLFH&RQWDFWZLWKEDWWHU\IOXLG,IXVHGLQFRUUHFWO\IOXLGFDQOHDNIURPWKHEDWWHU\$YRLGFRQWDFWZLWKWKHEDWWHU\IOXLG,IEDWWHU\IOXLGFRPHVLQFRQWDFWZLWKVNLQULQVHLWRIIZLWKZDWHU,IEDWWHU\IOXLGFRPHVLQWRFRQWDFWZLWKWKHH\HVVHHNPHGLFDODGYLFHREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ &RQQHFWLQJWKH+0,GHYLFH 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(127,&(8VHRQO\DSSURYHGEDWWHULHV,I\RXXVHQRQDSSURYHGEDWWHULHVPDOIXQFWLRQVPD\RFFXUDVDUHVXOW2QO\XVHEDWWHULHVWKDWDUHDSSURYHGIRUWKH+0,GHYLFH)XOO\FKDUJHWKHPDLQUHFKDUJHDEOHEDWWHU\EHIRUHILUVWXVH,I\RXDWWHPSWWRXVHDPDLQUHFKDUJHDEOHEDWWHU\LQWKH+0,GHYLFHLQLWVIDFWRU\VWDWHWKH+0,GHYLFHZLOOQRWVWDUW)XOO\FKDUJHWKHPDLQUHFKDUJHDEOHEDWWHU\EHIRUHLQVHUWLQJLWLQWKH+0,GHYLFH1RWH7KHIROORZLQJDSSOLHVWROLWKLXPLRQUHFKDUJHDEOHEDWWHULHVx'RQRWFUXVKx'RQRWKHDWRUEXUQx'RQRWVKRUWFLUFXLWx'RQRWGLVDVVHPEOHx'RQRWLPPHUVHLQOLTXLGVದWKHUHFKDUJHDEOHEDWWHU\PD\UXSWXUHRUEXUVWx6WRUHXQXVHGUHFKDUJHDEOHEDWWHULHVDZD\IURPWKHIROORZLQJLWHPVZKLFKFDQFDXVHWKHFRQWDFWVWREHEULGJHG7KHVHLQFOXGHದ3DSHUFOLSVದ&RLQVದ.H\Vದ1DLOVದ6FUHZVRURWKHUVPDOOPHWDOREMHFWV6HHDOVR(6'JXLGHOLQH3DJH2SHQLQJDQGFORVLQJWKHEDWWHU\DQGWHUPLQDOFRPSDUWPHQW3DJHREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ&RQQHFWLQJWKH+0,GHYLFH0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  5HSODFLQJWKHPDLQUHFKDUJHDEOHEDWWHU\<RXFDQUHSODFHWKHPDLQUHFKDUJHDEOHEDWWHU\GXULQJRSHUDWLRQ$FDSDFLWRUWDNHVRYHUSRZHUVXSSO\GXWLHVZKLOHWKHPDLQUHFKDUJHDEOHEDWWHU\LVEHLQJUHSODFHG7KHPD[LPXPEXIIHUWLPHLVVHFRQGV,I\RXH[FHHGWKHEXIIHUWLPHWKH+0,GHYLFHZLOOVZLWFKRII127,&((IIHFWLYHUDQJH,IWKH+0,GHYLFHLVLQWHJUDWHGWKLVOHDGVWRDVKXWGRZQRUUDPSGRZQRIWKHSODQWLIWKHEULGJLQJWLPHLVH[FHHGHG'RQRWH[FHHGWKHEXIIHUWLPH7KHIROORZLQJIHDWXUHVDUHGLVDEOHGGXULQJWKHEXIIHUWLPHჀ'LVSOD\EDFNOLJKWLQJჀ7KHIXQFWLRQNH\VDQGDVVRFLDWHG/('VჀ$OO/('VH[FHSWIRU6$)(DQG51*Ⴠ7KHLOOXPLQDWHGSXVKEXWWRQVDQGKDQGZKHHOჀ86%LQWHUIDFH1RWH5HDGWKHVHFWLRQ6DIHW\LQVWUXFWLRQV3DJH,IWKHFDSDFLW\RIDUHFKDUJHDEOHEDWWHU\GURSVWRSHUFHQWRIWKHRULJLQDOFDSDFLW\XVHDQHZUHFKDUJHDEOHEDWWHU\$QHZUHFKDUJHDEOHEDWWHU\LVQHHGHGDIWHUIXOOFKDUJHF\FOHV([DPSOHRIDIXOOFKDUJHF\FOH7KHFKDUJHVWDWXVRIDUHFKDUJHDEOHEDWWHU\GHFUHDVHVIURPSHUFHQWWRSHUFHQW7KHUHFKDUJHDEOHEDWWHU\LVFKDUJHGDJDLQLQWKLVVWDWHDQGWKHQUHDFKHVSHUFHQW'LVFKDUJLQJWRSHUFHQWDQGUHFKDUJLQJWRDGGVXSWRDIXOOFKDUJHF\FOH.HHSPDLQUHFKDUJHDEOHEDWWHULHVLQVWRFN5HTXLUHPHQWჀ7KH+0,GHYLFHLVORJJHGRIIWKHPDFKLQHჀ7KHEDWWHU\FRPSDUWPHQWLVRSHQ3URFHGXUH3URFHHGDVIROORZV 5HPRYHWKHPDLQEDWWHU\XVLQJWKHULEERQ ,QVHUWDQHZPDLQEDWWHU\ &ORVHWKHEDWWHU\FRPSDUWPHQWREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ &RQQHFWLQJWKH+0,GHYLFH 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( &KDUJLQJWKHPDLQUHFKDUJHDEOHEDWWHU\7KHPDLQEDWWHU\LVGHOLYHUHGXQFKDUJHG7KHPDLQEDWWHU\LVORDGHGDVVRRQDVWKH+0,GHYLFHLVLQWKHFKDUJLQJVWDWLRQ<RXFDQUHSODFHWKHPDLQUHFKDUJHDEOHEDWWHU\GXULQJRSHUDWLRQ$FDSDFLWRUWDNHVRYHUSRZHUVXSSO\GXWLHVZKLOHWKHPDLQUHFKDUJHDEOHEDWWHU\LVEHLQJUHSODFHG7KHEULGJLQJWLPHLVDPD[LPXPRIV,I\RXH[FHHGWKHEULGJLQJWLPHWKH+0,GHYLFHWXUQVRII1RWH5HDGWKHLQIRUPDWLRQSURYLGHGLQFKDSWHU6DIHW\LQVWUXFWLRQV3DJH2EVHUYHWKHQRWHVDERXWWKH(*%LQFKDSWHU(6'JXLGHOLQH3DJH3OHDVHQRWHWKDWDEDWWHU\LVVXEMHFWWRDQDWXUDOVHOIGLVFKDUJH6HOIGLVFKDUJHZLOOHYHQWXDOO\OHDGWRFRPSOHWHGLVFKDUJHLIWKHEDWWHU\LVQRWXVHGIRUDORQJWLPH5HDGWKHFKDSWHU0DLQWHQDQFHDQGFDUH3DJH5HTXLUHPHQWჀ7KHFRQQHFWLRQFRPSDUWPHQWLVRSHQჀ7KHEDWWHU\FRPSDUWPHQWLVRSHQ3URFHGXUH1RWH:KHQFKDUJLQJDUHFKDUJHDEOHEDWWHU\WKHDPELHQWWHPSHUDWXUHRUEDWWHU\WHPSHUDWXUHVKRXOGQRWH[FHHGr&7KHKLJKHUWKHWHPSHUDWXUHWKHORQJHULWZLOOWDNHIRUWKHUHFKDUJHDEOHEDWWHU\WRIXOO\FKDUJH6HOHFWDORFDWLRQZLWKDORZDPELHQWWHPSHUDWXUHIRUWKHFKDUJLQJVWDWLRQ/HWWKHUHFKDUJHDEOHEDWWHU\FRROEHIRUHFKDUJLQJLWREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ&RQQHFWLQJWKH+0,GHYLFH0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 3URFHHGDVIROORZV 3ODFHWKHPDLQEDWWHU\LQWRWKHEDWWHU\FRPSDUWPHQW5DVWKDNHQ+DXSWDNNX$NNXIDFKDEGHFNXQJ &ORVHWKHEDWWHU\FRPSDUWPHQW ,QVHUWWKH+0,GHYLFHLQWRWKHFKDUJLQJVWDWLRQ7KHEDWWHU\LVFKDUJHGRQFHWKH+0,GHYLFHLOOXPLQDWHVWKH%$7/('6HHFKDSWHU/('GLVSOD\3DJH 'LVSOD\LQJWKHEDWWHU\FKDUJHVWDWXV7KHPDLQUHFKDUJHDEOHEDWWHU\IHDWXUHVDQ/('GLVSOD\7KHUHVSHFWLYH/('VLQGLFDWHWKHEDWWHU\FKDUJHVWDWXV.H\/('GLVSOD\5HTXLUHPHQWჀ7KHPDLQEDWWHU\KDVEHHQUHPRYHG3URFHGXUH3URFHHGDVIROORZV 3UHVVWKHEXWWRQ7KH/('GLVSOD\OLJKWVXSZKHQWKHEXWWRQLVUHOHDVHGDIWHUDSSUR[LPDWHO\VHFRQGV7KHQXPEHURIOLW/('VLQGLFDWHVWKHFKDUJHVWDWXV1XPEHURI/('V )ODVKHVIRU /LJKWVIRU WRRIWKHFKDUJHFDSDFLW\ WRRIWKHFKDUJHFDSDFLW\  WRRIWKHFKDUJHFDSDFLW\  WRRIWKHFKDUJHFDSDFLW\REVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ &RQQHFWLQJWKH+0,GHYLFH 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(1XPEHURI/('V )ODVKHVIRU /LJKWVIRU  WRRIWKHFKDUJHFDSDFLW\  WRRIWKHFKDUJHFDSDFLW\,IDOOWKH/('VOLJKWXSWKHPDLQUHFKDUJHDEOHEDWWHU\LVIXOO\FKDUJHG1RWH:KHQVWRULQJEDWWHULHVSD\DWWHQWLRQWRWKHQRWHVLQWKHFKDSWHU0DLQWHQDQFHDQGFDUH3DJH &RQQHFWLQJWKH3/&,QWURGXFWLRQ2QO\XVHDSSURYHGFRPSRQHQWVWRFRQQHFWD6,0$7,&63/&<RXFDQILQGPRUHLQIRUPDWLRQRQWKLVRQWKH,QWHUQHWLQ,QGXVWU\0DOOKWWSPDOODXWRPDWLRQVLHPHQVFRP&RQILJXUDWLRQJUDSKLF7KHIROORZLQJILJXUHVKRZVWKHSRVVLEOHFRQQHFWLRQEHWZHHQWKH+0,GHYLFHDQGWKH3/&352),1(7 6,0$7,&6)6,0$7,&66HHDOVR6\VWHPPDQXDO%DVLFVRQ6HWWLQJXSDQ,QGXVWULDO:LUHOHVV/$1KWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ&RQQHFWLQJWKH+0,GHYLFH0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  &RQQHFWLQJWKHFRQILJXUDWLRQ3&7KH+0,GHYLFHDQGFRQILJXUDWLRQ3&PXVWEHLQDQDUHDZLWKVXIILFLHQW:/$1TXDOLW\1RWH<RXPXVWFRQQHFWWKH+0,GHYLFHWRWKHFRQILJXULQJ3&LQLQIUDVWUXFWXUHPRGH$QDGKRFQHWZRUNLVQRWSRVVLEOH&RQILJXUDWLRQJUDSKLF7KHIROORZLQJILJXUHLOOXVWUDWHVWKHSRVVLEOHFRQQHFWLRQVEHWZHHQWKH+0,GHYLFHDQGWKHFRQILJXULQJ3&352),1(7352),1(786%127,&($GKHUHWRWKH86%FRQQHFWLRQVHTXHQFH<RXZLOOQRWEHDEOHWRWUDQVIHUDSURMHFWWRWKH+0,GHYLFHLI\RXGRQRWDGKHUHWRWKHFRQQHFWLRQVHTXHQFH2EVHUYHWKHIROORZLQJVHTXHQFHZKHQFRQQHFWLQJE\86% +0,GHYLFH 3&86%KRVWWRKRVWFDEOH<RXZLOOQRWEHDEOHWRWUDQVIHUDSURMHFWWRWKH+0,GHYLFHLI\RXXVHWKHGULYHUIRUWKH86%KRVWWRKRVWFDEOH8VHRQO\WKHGULYHUIRUWKH86%KRVWWRKRVWFDEOHWKDWLVLQFOXGHGLQWKH:LQ&&IOH[LEOHSDFNDJHREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ &RQQHFWLQJWKH+0,GHYLFH 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(1RWH3RLQWWRSRLQWFRQQHFWLRQ8VHDFURVVFDEOHIRUDSRLQWWRSRLQWFRQQHFWLRQ7KH+0,GHYLFHDQGWKH3&FDQDOVREHVXEVFULEHUVLQDORFDODUHDQHWZRUN&RQQHFWLRQYLD:/$1,QLWVIDFWRU\VWDWHWKH:/$1LQWHUIDFHRIWKH+0,GHYLFHLVGLVDEOHG%HIRUH\RXDFFHVVWKH+0,GHYLFHIURPWKHFRQILJXUDWLRQ3&YLD:L)L\RXQHHGWRDSSURSULDWHO\FRQILJXUHWKHDFFHVVSRLQWDQG+0,GHYLFHLQLQIUDVWUXFWXUHPRGH$QDGKRFZLUHOHVVQHWZRUNLVQRWSRVVLEOH5HVWRULQJWKHIDFWRU\VHWWLQJV7RXSGDWHWKHRSHUDWLQJV\VWHPDQGUHVHWWRIDFWRU\VHWWLQJV\RXPXVWFRQQHFWWKH+0,GHYLFHWRWKHFRQILJXULQJ3&YLDWKH5-LQWHUIDFH2QO\FRQQHFWDFRQILJXUDWLRQ3&GLUHFWO\WRWKH+0,GHYLFHDVORQJDVLWLVQHFHVVDU\$GGLWLRQDOLQIRUPDWLRQLVDYDLODEOHLQWKH5HVWRULQJIDFWRU\VHWWLQJV3DJHVHFWLRQ6HHDOVR2SHQLQJDQGFORVLQJWKHEDWWHU\DQGWHUPLQDOFRPSDUWPHQW3DJH &RQQHFWLQJDSULQWHU$SULQWHULVFRQQHFWHGWRWKH+0,GHYLFHWKURXJK:/$1,WLVQRWSRVVLEOHWRFRQQHFWDSULQWHUWRWKH+0,GHYLFHV86%LQWHUIDFH,QIRUPDWLRQDERXWSULQWHUVWKDWZHUHWHVWHGDQGDSSURYHGZLWK+0,GHYLFHVFDQEHIRXQGRQOLQHXQGHU3ULQWHUVDSSURYHGIRU6,0$7,&3DQHOVDQG0XOWL3DQHOVKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ&RQQHFWLQJWKH+0,GHYLFH0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( &RQILJXUDWLRQJUDSKLF7KHIROORZLQJILJXUHLOOXVWUDWHVWKHSRVVLEOHFRQQHFWLRQVEHWZHHQWKH+0,GHYLFHDQGDSULQWHU352),1(72EVHUYHWKHGRFXPHQWDWLRQIRUWKHUHVSHFWLYHSULQWHUGXULQJFRQQHFWLRQ &RQQHFWLQJD86%GHYLFH<RXFDQFRQQHFWWKHIROORZLQJGHYLFHVWRWKH86%SRUWRIWKH+0,GHYLFHჀ([WHUQDOPRXVHჀ([WHUQDONH\ERDUGჀ86%PHPRU\VWLFN2QO\FRQQHFWLQGXVWULDOGHYLFHV127,&('HYLFHZLWKDVHSDUDWHSRZHUVXSSO\,I\RXFRQQHFWDGHYLFHZLWKDVHSDUDWHSRZHUVXSSO\WRWKH86%SRUWWKLVPD\UHVXOWLQIXQFWLRQDOGLVUXSWLRQV2QO\FRQQHFWDFRQILJXUDWLRQ3&RU3&WRWKH86%SRUW/RDGRI86%LQWHUIDFH0DOIXQFWLRQVPD\RFFXURQD86%GHYLFHWKDWSUHVHQWVDQHOHFWULFDORYHUORDGWRWKH86%SRUW$GKHUHWRWKHYDOXHVIRUWKHPD[LPXPORDGRQWKH86%SRUW<RXFDQILQGWKHYDOXHVLQWKHFKDSWHU6SHFLILFDWLRQV3DJH$FFHVVWR86%SRUW7KH86%SRUWLVGLVDEOHGZKLOHWKHPDLQEDWWHU\LVEHLQJFKDQJHG7KHGDWDWUDQVPLVVLRQWRD86%PHPRU\VWLFNLVQRWSRVVLEOH(QVXUHQRRQHWULHVWRDFFHVVWKH86%SRUWZKLOHWKHPDLQUHFKDUJHDEOHEDWWHU\LVEHLQJUHSODFHGREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ 6ZLWFKLQJRQDQGWHVWLQJWKH+0,GHYLFH 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(1RWH'HYLFHVZLWKRXWDVHSDUDWHSRZHUVXSSO\FRQQHFWHGWRWKH86%SRUWLQFUHDVHWKHSRZHUORDG7KLVZLOOUHGXFHWKHVHUYLFHOLIHRIWKH+0,GHYLFH6HHDOVR,QWHUIDFHGHVFULSWLRQ3DJH &RQQHFWLQJWKHSRZHUVXSSO\XQLW7KHSRZHUVXSSO\XQLWHQVXUHVWKHSRZHUVXSSO\IRUWKHFKDUJLQJVWDWLRQ127,&(8VHRQO\DSSURYHGSRZHUVXSSOLHV,I\RXXVHDQXQDSSURYHGSRZHUVXSSO\GDPDJHPD\RFFXUWRWKH+0,GHYLFH2QO\XVHWKHSRZHUVXSSO\DSSURYHGIRUWKH+0,GHYLFH'DQJHURIRYHUKHDWLQJ7KHUHLVDULVNRIRYHUKHDWLQJLI\RXFRYHUWKHSRZHUVXSSO\DQGWKHUHE\LQKLELWWKHDLUFLUFXODWLRQ'RQRWFRYHUWKHSRZHUVXSSO\XQLW1RWH8QSOXJWKHPDLQVFRQQHFWRURIWKHSRZHUVXSSO\WRHQVXUHFRPSOHWHHOHFWULFDOLVRODWLRQ7KHSRZHUVXSSO\XQLWLVGHVLJQHGIRURSHUDWLRQRQJURXQGHGSRZHUVXSSO\QHWZRUNV71V\VWHPVWR9'(3DUWRU,(&2SHUDWLRQLVQRWDXWKRUL]HGRQXQJURXQGHGRULPSHGDQFHJURXQGHGSRZHUQHWZRUNV,7V\VWHPV3URFHGXUH3URFHHGDVIROORZV &RQQHFWWKHSRZHUVXSSO\XQLWWRWKHFKDUJLQJVWDWLRQRUFKDUJHU &RQQHFWWKHSRZHUVXSSO\XQLWWRWKHPDLQVZLWKWKHFRUUHFWSRZHUVXSSO\FDEOH 6ZLWFKLQJRQDQGWHVWLQJWKH+0,GHYLFH:KHQWKH+0,GHYLFHLVLQLWLDOO\SXWLQWRRSHUDWLRQWKHUHLVQRSURMHFW(WKHUQHWLVVHWDVWKHGDWDWUDQVIHUFKDQQHOREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ 6ZLWFKLQJRQDQGWHVWLQJWKH+0,GHYLFH0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 5HTXLUHPHQWჀ$FKDUJHGPDLQUHFKDUJHDEOHEDWWHU\LVLQVHUWHGLQWKH+0,GHYLFH3URFHGXUH3URFHHGDVIROORZV %ULHIO\SUHVVWKH212))EXWWRQ7KH3:5/('OLJKWVXSದVHHVHFWLRQ/('GLVSOD\3DJH7KHGLVSOD\WKHQOLJKWV$SURJUHVVEDULVGLVSOD\HGGXULQJVWDUWXS7KHORDGHULVGLVSOD\HGRQFHWKHRSHUDWLQJV\VWHPKDVVWDUWHG,IDFKDUJHGPDLQUHFKDUJHDEOHEDWWHU\LVLQVHUWHGWKH%$7/('OLJKWVXS7KH+0,GHYLFHDXWRPDWLFDOO\VZLWFKHVWR7UDQVIHUPRGHLIWKHIROORZLQJWZRUHTXLUHPHQWVDUHPHWದ1RSURMHFWLVORDGHGRQWKHGHYLFHದ$WOHDVWRQHGDWDFKDQQHOKDVEHHQFRQILJXUHG7KHIROORZLQJGLDORJDSSHDUV 3UHVVWKH&DQFHOEXWWRQ7KHWUDQVIHULVFDQFHOHG7KH/RDGHUDSSHDUV5HVXOW7KH+0,GHYLFHLVUHDG\IRURSHUDWLRQZKHQWKHORDGHUGLVSOD\VRQHRIWKHIROORZLQJGLDORJVჀ7UDQVIHUGLDORJჀ7HVWLQJHQDEOLQJEXWWRQGLDORJREVIEWENGLISH27.07.2010
0RXQWLQJDQGFRQQHFWLRQ 6ZLWFKLQJRIIWKH+0,GHYLFH 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 6ZLWFKLQJRIIWKH+0,GHYLFH7KHIROORZLQJSURFHGXUHDSSOLHVWRDQ+0,GHYLFHRQZKLFKWKHUHLVQRSURMHFW7KHZD\WKHGHYLFHLVVZLWFKHGRIIWKHUHIRUHGLIIHUVIURPWKDWRIDQLQWHJUDWHG+0,GHYLFH3URFHGXUH3URFHHGDVIROORZV 3UHVVWKH212))EXWWRQRQWKH+0,GHYLFHDWOHDVWVHFRQGV7KH+0,GHYLFHVZLWFKHVRII6HHDOVR6ZLWFKRIIEHKDYLRU3DJHREVIEWENGLISH27.07.2010
0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 2SHUDWRUFRQWUROVDQGGLVSOD\V  2YHUYLHZ7KHVWDQGDUGLQSXWXQLWRQWKH+0,GHYLFHLVWKHWRXFKVFUHHQ$OORSHUDWRUFRQWUROVUHTXLUHGIRURSHUDWLRQDSSHDULQRQHRUPRUH+0,VFUHHQVRQWKHGLVSOD\DIWHUWKHSURMHFWVWDUWV127,&('DPDJHWRWKHWRXFKVFUHHQ1HYHUSUHVVWKHWRXFKVFUHHQZLWKDSRLQWHGRUVKDUSREMHFW$YRLGDSSO\LQJVXGGHQSUHVVXUHWRWKHWRXFKVFUHHQZLWKDKDUGREMHFW%RWKWKHVHZLOOVXEVWDQWLDOO\UHGXFHWKHVHUYLFHOLIHRIWKHWRXFKVFUHHQDQGFDQHYHQOHDGWRWRWDOIDLOXUH2QO\SUHVVWKHRSHUDWLQJREMHFWVRQWKHWRXFKVFUHHQRIWKH+0,GHYLFHZLWKDILQJHURUDWRXFKSHQ'DPDJHWRWKHNH\ERDUG'RQRWWRXFKWKHNH\VZLWKDSRLQWHGRUVKDUSREMHFW$YRLGDSSO\LQJVXGGHQSUHVVXUHWRWKHNH\VZLWKDKDUGREMHFW%RWKWKHVHZLOOVXEVWDQWLDOO\UHGXFHWKHVHUYLFHOLIHRIWKHNH\ERDUGDQGFDQHYHQOHDGWRWRWDOIDLOXUH8VHRQO\\RXUILQJHUVWRRSHUDWHWKHNH\VRI\RXU+0,GHYLFHREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V 2YHUYLHZ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(2SHUDWRUFRQWUROVDQGWKHLUIXQFWLRQV7KHIROORZLQJLPDJHVKRZVWKHRSHUDWLQJHOHPHQWVDQGWKHGLVSOD\RQWKH+0,GHYLFH'HSHQGLQJRQWKHGHOLYHUHG+0,GHYLFHGLIIHUHQFHVWRWKHIROORZLQJLPDJHPD\H[LVW཰ (0(5*(1&<6723EXWWRQཱ /('GLVSOD\ི 'LVSOD\ZLWKWRXFKVFUHHQཱི .H\212))ུ &RYHUVIRUWKHODEHOLQJVWULSJXLGHVཱུ .H\RSHUDWHGVZLWFKRSWLRQDOྲྀ ,OOXPLQDWHGSXVKEXWWRQRSWLRQDOཷ 0HPEUDQHNH\ERDUGླྀ +DQGZKHHORSWLRQDO7KHIXQFWLRQVDVVLJQHGWRWKHIXQFWLRQNH\VWKHKDQGZKHHOWKHNH\RSHUDWHGVZLWFKDQGWKHLOOXPLQDWHGSXVKEXWWRQVDUHGHWHUPLQHGGXULQJFRQILJXUDWLRQ7KHDERYHPHQWLRQHGRSHUDWRUFRQWUROVGRQRWIXQFWLRQRXWVLGHRIDSURMHFWREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V /('GLVSOD\0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  /('GLVSOD\$Q/('GLVSOD\FRQVLVWLQJRIILYH/('VLVORFDWHGRQWKHIURQWRIWKH+0,GHYLFH7KH/('GLVSOD\VKRZVWKHRSHUDWLQJVWDWHVIRUWKH+0,GHYLFHDQGWKHFRPPXQLFDWLRQ/('GLVSOD\0HDQLQJRI/('V7KH/('GLVSOD\LVDFWLYDWHGZKHQWKH+0,GHYLFHLVVZLWFKHGRQ/(' &RORU )XQFWLRQV 0HDQLQJ6$)( <HOORZ352),VDIHFRPPXQLFDWLRQ/LJKWV,IWKH+0,GHYLFHLVLQWHJUDWHGLQWKHVDIHW\SURJUDPRIWKH)&387KHUHTXLUHPHQWIRUWKLVLVWKDW352),VDIHFRPPXQLFDWLRQKDVEHHQHVWDEOLVKHG,IWKH/('6$)(OLJKWVXSWKH(0(5*(1&<6723EXWWRQLVHIIHFWLYH3:5 *UHHQ3RZHU /LJKWVRUEOLQNV,IWKH+0,GHYLFHLVWXUQHGRQ/LJKWVXSLQWKHIROORZLQJFDVHVx7KHPDLQUHFKDUJHDEOHEDWWHU\LVLQVHUWHGDQGFKDUJHGx7KH+0,GHYLFHLVLQWKHFKDUJLQJVWDWLRQx7KH+0,GHYLFHLVFRQQHFWHGWRWKHSRZHUVXSSO\XQLW%OLQNV,IWKH+0,GHYLFHLVLQWKH32:(56$9(RSHUDWLQJPRGH&20 *UHHQ&RPPXQLFDWLRQ 2II,IQR:/$1H[LVWVRQWKH+0,GHYLFH%OLQNV,IWKH+0,GHYLFHWULHVWRHVWDEOLVKDFRQQHFWLRQWRWKH:/$1/LJKWVXS,IDFRQQHFWLRQEHWZHHQWKH+0,GHYLFHDQG:/$1H[LVWV51* *UHHQ(IIHFWLYHUDQJH3URWHFWLRQUDQJH/LJKWVXS,IWKH+0,GHYLFHLVORJJHGRQWRWKHHIIHFWLYHUDQJHRUSURWHFWLRQ]RQH,IDFRPPXQLFDWLRQHUURURFFXUVDIWHUWKH+0,GHYLFHKDVORJJHGRQWRDPDFKLQHWKH51*OLJKWVXSXQWLO352),VDIHFRPPXQLFDWLRQLVUHHVWDEOLVKHGDQGWKHFRPPXQLFDWLRQHUURUKDVEHHQDFNQRZOHGJHG2II,IWKH+0,GHYLFHIURPDPDFKLQHLVORJJHGRIIREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V /('GLVSOD\ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(5HIHUWRWKHSODQWGRFXPHQWDWLRQIRUDGGLWLRQDOLQIRUPDWLRQRQWKHPHDQLQJRIWKH/('V7KH%$7/('VLJQDOVWKHIROORZLQJVWDWHVEDVHGRQWKHW\SHRISRZHUVXSSO\%$7/('3RZHUVXSSO\཰ཱིཱིུཱུ5HFKDUJHDEOHEDWWHU\RSHUDWLRQ+0,GHYLFHRQ  ದ5HFKDUJHDEOHEDWWHU\RSHUDWLRQ+0,GHYLFHRII     3RZHUVXSSO\XQLW+0,GHYLFHRQ   3RZHUVXSSO\XQLW+0,GHYLFHRII    &KDUJLQJVWDWLRQ    ཰&KDUJHDWRIFKDUJHFDSDFLW\ཱ&KDUJHDWุRIWKHFKDUJHFDSDFLW\ི0D[LPXPFKDUJHཱི5HFKDUJHDEOHEDWWHU\QRWLQWKH+0,GHYLFHུ5HFKDUJHDEOHEDWWHU\WHPSHUDWXUHWRRKLJKཱུ3RVVLEOHIDXOWV6KRUWFLUFXLWGLVFKDUJHFXUUHQW!$2YHUORDGGLVFKDUJHFXUUHQW!$2YHUORDGFKDUJHFXUUHQW!$&KDUJLQJHUURUFHOOYROWDJH!9&KDUJLQJHUURUFHOOYROWDJH9REVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V3RZHUPDQDJHPHQW0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 3OHDVHREVHUYHWKHIROORZLQJჀ$QHUURUHYHQWDOZD\VKDVSULRULW\,IDQHUURURFFXUVWKH%$7/('VLJQDOVDFFRUGLQJWRFROXPQཱུჀ,IWKHEDWWHU\LVQQRWIXOO\FKDUJHGWKH%$7/('VLJQDOVDFFRUGLQJWRFROXPQུჀ,IWKHPDLQUHFKDUJHDEOHEDWWHU\LVIXOO\FKDUJHGWKH%$7/('VLJQDOVDFFRUGLQJWRFROXPQི6HHDOVR'LVSOD\LQJWKHFKDUJHVWDWXVRIWKHEDWWHULHV3DJH 3RZHUPDQDJHPHQW7KH+0,GHYLFHLVHTXLSSHGZLWKDSRZHUPDQDJHPHQWIXQFWLRQ,I\RXGRQRWRSHUDWHWKH+0,GHYLFHZLWKLQDFRQILJXUHGWLPHSHULRGSRZHUPDQDJHPHQWZLOOVZLWFKWKH+0,GHYLFHWRSRZHUVDYLQJPRGH7KLVH[WHQGVWKHRSHUDWLQJSHULRGRIWKH+0,GHYLFHXQWLOWKHQH[WWLPHWKHPDLQUHFKDUJHDEOHEDWWHU\LVUHSODFHGRUWKHQH[WWLPHLWLVFKDUJHG2SHUDWLQJPRGHVLQSRZHUPDQDJHPHQW3RZHUPDQDJHPHQWKDVWZRRSHUDWLQJPRGHVჀ3RZHU6DYHದ5HGXFHVWKHEULJKWQHVVRIWKHWRXFKVFUHHQದ7KH(0(5*(1&<6723EXWWRQUHPDLQVDYDLODEOHದ$VORQJDVWKH+0,GHYLFHLVORJJHGRQWKHHQDEOLQJEXWWRQUHPDLQVHQDEOHG1RWH:KHQ\RXSODFHWKH+0,GHYLFHLQWKHFKDUJLQJVWDWLRQLWZLOODXWRPDWLFDOO\DVVXPHWKHRSHUDWLQJVWDWH3RZHU6DYHDIWHUPLQXWHV,IDWLPHSHULRGRIOHVVWKDQPLQXWHVKDVEHHQVSHFLILHGIRUDFWLYDWLRQRI3RZHU6DYHPRGHLQWKH:LQ&&IOH[LEOHSURMHFWWKHQWKLVWLPHSHULRGZLOOEHDSSOLHGჀ3RZHU6DYHದ7KHWRXFKVFUHHQLVVZLWFKHGRIIದ2WKHUSRZHUVDYHPHDVXUHVDUHDFWLYDWHG7KHRQOLQHKHOSIRU:LQ&&IOH[LEOHGHVFULEHVKRZWRFRQILJXUHSRZHUPDQDJHPHQWದ7KH(0(5*(1&<6723EXWWRQUHPDLQVDYDLODEOHದ7KHURWDU\VZLWFKUHPDLQVDYDLODEOHREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V 3RZHUPDQDJHPHQW 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(Ⴠ3RZHU6DYHFRUUHVSRQGVWRWKH5HGXFHEULJKWQHVVVHWWLQJჀ3RZHU6DYHFRUUHVSRQGVWRWKH6ZLWFKRIIVFUHHQVHWWLQJ1RWH:KHQWKH+0,GHYLFHLVORJJHGRQWRDPDFKLQH3RZHU6DYHRSHUDWLQJPRGHLVQRWDYDLODEOH3RZHUPDQDJHPHQWIRUWKH+0,GHYLFHSURYLGHVWKHIROORZLQJRSHUDWLQJPRGHV2SHUDWLQJPRGH/(' $FWLRQ )ROORZXSRSHUDWLQJPRGH2)) 3:5LVRII%$7LVRII%ULHIO\SUHVV7DVWH212)) 21$XWRPDWLFDOO\LIQRDFWLRQVDUHSHUIRUPHGZLWKLQDFRQILJXUHGWLPHSHULRG3RZHU6DYH%ULHIO\SUHVV7DVWH212)) 3RZHU6DYH21 3:5OLJKWVXS3UHVV7DVWH212))IRUDWOHDVWVHFRQGV2))2SHUDWLRQRQWKHWRXFKVFUHHQ 21%ULHIO\SUHVV7DVWH212)) 3RZHU6DYH$XWRPDWLFDOO\DIWHUDFRQILJXUHGWLPHLQWHUYDOLIQRRSHUDWLRQVDUHFDUULHGRXW3RZHU6DYH3RZHU6DYH 3:5OLJKWVXS7KHEULJKWQHVVRIWKHWRXFKVFUHHQLVUHGXFHG3UHVV7DVWH212))IRUDWOHDVWVHFRQGV2))%ULHIO\SUHVV7DVWH212)) 213RZHU6DYH 3:5IODVKHV7KHWRXFKVFUHHQLVVZLWFKHGRII %ULHIO\SUHVV7DVWH212))DQGWKHQSUHVVLWIRUDWOHDVWVHFRQGV2))6HHDOVR6HWWLQJWKHVFUHHQVDYHU3DJHREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V6DIHW\UHODWHGRSHUDWRUFRQWUROV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  6DIHW\UHODWHGRSHUDWRUFRQWUROV (0(5*(1&<6723EXWWRQ7KH(0(5*(1&<6723EXWWRQLVGHVLJQHGZLWKFKDQQHOVDQGHQDEOHVDQ(0(5*(1&<6723RIWKHSODQWXQLWZLWKZKLFKVDIHW\UHODWHGFRPPXQLFDWLRQLVWDNLQJSODFH7KH(0(5*(1&<6723EXWWRQVDWLVILHVWKHUHTXLUHPHQWVVSHFLILHGLQ',1,(&$QQH[.<RXFDQILQGDGGLWLRQDOLQIRUPDWLRQLQWKHVHFWLRQ6DIHW\IXQFWLRQVRIWKH(0(5*(1&<6723EXWWRQ3DJH)DOOSURWHFWLRQ(0(5*(1&<6723EXWWRQ'XHWRLWVSURILOHGGHVLJQWKHHPHUJHQF\VWRSEXWWRQLVHDVLO\DFFHVVLEOH$FROODUHGHQFORVXUHVHUYHVDVSURWHFWLRQLIWKHGHYLFHIDOOV7KXVLIWKH0RELOH3DQHO),:/$1VKRXOGIDOOGRZQWKHHPHUJHQF\VWRSEXWWRQZLOOQRWEHDFWLYDWHG+RZHYHUWKHHPHUJHQF\VWRSEXWWRQLVH[WHQVLYHO\SURWHFWHGDJDLQVWGDPDJH'XHWRLWVSRVLWLRQWKH(0(5*(1&<6723EXWWRQLVHTXDOO\DFFHVVLEOHIRUERWKOHIWKDQGHGDQGULJKWKDQGHGSHUVRQV6WRULQJDQRQLQWHJUDWHG+0,GHYLFH:$51,1*1RQIXQFWLRQDOHPHUJHQF\VWRSEXWWRQ,IWKH+0,GHYLFHLVQRWLQWHJUDWHGLQWKHVDIHW\SURJUDPRIWKH)&38WKH(0(5*(1&<6723EXWWRQZLOOEHRXWRIVHUYLFH7RDYRLGFRQIXVLRQEHWZHHQ+0,GHYLFHVZLWKHQDEOHGDQGGLVDEOHG(0(5*(1&<6723EXWWRQVRQO\RQHLQWHJUDWHG+0,GHYLFHVKRXOGEHIUHHO\DFFHVVLEOH,IDQ+0,GHYLFHLVQRWLQWHJUDWHGDQGQRWEHLQJXVHGPDNHVXUHWKH+0,GHYLFHFDQQRWEHDFFHVVHG5HTXLUHPHQWV7KH(0(5*(1&<6723EXWWRQLVHYDOXDWHGXQGHUWKHFRQGLWLRQWKDWWKH+0,GHYLFHLVLQWHJUDWHGLQWKHVDIHW\SURJUDPRIWKH)&387KHIROORZLQJIDLOVDIH)%VPXVWEHLPSOHPHQWHGLQWKHVDIHW\SURJUDPDFFRUGLQJO\Ⴠ)B)%B03Ⴠ)B)%B51*BRUჀ)B)%B51*BREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V 6DIHW\UHODWHGRSHUDWRUFRQWUROV 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(3URFHGXUHದ2SHUDWLQJWKH(0(5*(1&<6723EXWWRQ:$51,1*)XQFWLRQRIWKH(0(5*(1&<6723EXWWRQ7KH(0(5*(1&<6723EXWWRQKDVQRHIIHFWLIWKH+0,GHYLFHLVZLWKRXWSRZHURUUHPRYHGIURPWKHVDIHW\SURJUDP2SHUDWHWKH+0,GHYLFHLQPRELOHPRGHXVLQJWKHPDLQUHFKDUJHDEOHEDWWHU\RULQVWDWLRQDU\PRGHLQWKHFKDUJLQJVWDWLRQDQGLQWHJUDWHLWLQVDIHUHODWHGFRPPXQLFDWLRQ'RQRWRSHUDWHWKH+0,GHYLFHLQWKHSODQWZLWKWKHSRZHUVXSSO\XQLW127,&(8QLQWHQWLRQDOWULJJHULQJRIWKH(0(5*(1&<6723EXWWRQ7KHHPHUJHQF\VWRSEXWWRQFDQEHWULJJHUHGXQLQWHQWLRQDOO\LQWKHIROORZLQJFDVHVDQGEULQJWKHPRQLWRUHGV\VWHPWRDVWDQGVWLOOx:KHQWKH+0,GHYLFHLVGURSSHGx:KHQWKH+0,GHYLFHLVODLGRQLWVIURQW+DQGOHWKH+0,GHYLFHZLWKFDUH3URFHHGDVIROORZV 3UHVVWKH(0(5*(1&<6723EXWWRQIXOO\LIDGDQJHURXVVLWXDWLRQGHYHORSV7KH(0(5*(1&<6723EXWWRQHQJDJHVLQWKH(0(5*(1&<6723SRVLWLRQ7KHDVVRFLDWHGSODQWXQLWLVVWRSSHG3URFHGXUHದ5HOHDVLQJWKH(0(5*(1&<6723EXWWRQ:$51,1*(0(5*(1&<6723EXWWRQUHOHDVHG,I\RXKDYHSUHVVHGWKH(0(5*(1&<6723EXWWRQDQGWKHUHE\EURXJKWWKHSODQWXQLWWRDVWDQGVWLOO\RXVKRXOGRQO\UHOHDVHWKH(0(5*(1&<6723EXWWRQXQGHUWKHIROORZLQJFRQGLWLRQVx7KHUHDVRQVIRUWKH(0(5*(1&<6723KDYHEHHQHOLPLQDWHGx$VDIHUHVWDUWLVSRVVLEOHx7KHUHVWDUWVKRXOGQRWEHSHUIRUPHGE\UHOHDVLQJWKH(0(5*(1&<6723EXWWRQ7KHSURMHFWVKRXOGIRUFHWKHRSHUDWRUWRSHUIRUPDQDFWLRQIRUUHVWDUWLQJLQGHSHQGHQWRIWKH(0(5*(1&<6723EXWWRQ7KHVDIHW\SURJUDPPXVWVSHFLI\WKDWQRDXWRPDWLFUHVWDUWRIWKHSODQWLVSRVVLEOHVLPSO\E\UHOHDVLQJWKH(0(5*(1&<6723EXWWRQ3URFHHGDVIROORZV 7XUQWKH(0(5*(1&<6723EXWWRQFORFNZLVHWRLWVRULJLQDOSRVLWLRQ7KH(0(5*(1&<6723EXWWRQLVUHOHDVHGREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V6DIHW\UHODWHGRSHUDWRUFRQWUROV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  (QDEOLQJEXWWRQ7KHHQDEOLQJPHFKDQLVPFRQVLVWVRIWZRHQDEOLQJEXWWRQVZKLFKDUHLQVWDOOHGRQERWKVLGHVRIWKH+0,GHYLFH$GGLWLRQDOLQIRUPDWLRQLVDYDLODEOHLQWKH6DIHW\IXQFWLRQVRIWKHHQDEOLQJPHFKDQLVP3DJHVHFWLRQ7KHHQDEOLQJEXWWRQLVUHTXLUHGWRFRQILUPD[LVPRYHPHQWVIRUH[DPSOH(QDEOLQJEXWWRQ7KHHQDEOLQJEXWWRQKDVWKUHHVZLWFKVHWWLQJVჀ1HXWUDOSRVLWLRQ7KHHQDEOLQJEXWWRQLVQRWSUHVVHGჀ(QDEOH7KHHQDEOLQJEXWWRQLVSUHVVHGWRDPLGGOHVZLWFKSRVLWLRQ7KHVZLWFKSRVLWLRQKDVDQRWLFHDEOHSUHVVXUHSRLQW7KLVVZLWFKSRVLWLRQLVXVHGWRFRQILUPDQHQWU\IRUH[DPSOHჀ3DQLF7KH3DQLFVZLWFKSRVLWLRQLVUHDFKHGDVVRRQDVRQHRIWKHWZRHQDEOLQJEXWWRQVLVIXOO\SUHVVHG7RGRWKLVWKHSUHVVXUHSRLQWRIWKH(QDEOHVZLWFKLQJSRVLWLRQPXVWEHRYHUFRPH$QDXGLEOHVZLWFKLQJQRLVHLVWKHQKHDUG7KHVZLWFKSRVLWLRQRIWKHRWKHUHQDEOLQJEXWWRQLVXQLPSRUWDQWLQWKLVFDVH7KH3DQLFVZLWFKSRVLWLRQKDVWKHVDPHHIIHFWDVUHOHDVLQJWKHHQDEOLQJEXWWRQ,QERWKVZLWFKSRVLWLRQVWKHHQDEOHLVUHYRNHG5HTXLUHPHQWჀ7KHHQDEOLQJEXWWRQLVHYDOXDWHGXQGHUWKHFRQGLWLRQWKDWWKH+0,GHYLFHLVLQWHJUDWHGLQWKHVDIHW\SURJUDPRIWKH)&386HHVHFWLRQ6DIHW\UHODWHGFRQILJXUDWLRQ3DJH3URFHGXUH:$51,1*3UHVVWKHHQDEOLQJEXWWRQRQO\DVORQJDVQHFHVVDU\(QDEOLQJLVDFRQVFLRXVRSHUDWRUDFWLRQ,WLVQRWSHUPLWWHGWRFRQWLQXRXVO\SUHVVWKHHQDEOLQJEXWWRQRUWRIDVWHQLWLQSODFH3UHVVWKHHQDEOLQJEXWWRQRQO\XQWLOWKHRSHUDWLRQ\RXZLVKWRHQDEOHLVFRPSOHWHGREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V 6DIHW\UHODWHGRSHUDWRUFRQWUROV 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(1RWH7KHHQDEOLQJEXWWRQRQO\KDVDQHIIHFWZKHQWKH+0,GHYLFHLVORJJHGRQWRDPDFKLQHDQGWKH51*/('RQWKH+0,GHYLFHLVOLW3URFHHGDVIROORZV 3UHVVDWOHDVWRQHRIWKHHQDEOLQJEXWWRQWRUHDFKWKH(QDEOHSRVLWLRQ<RXRQO\KDYHWRDFWLYDWHRQHHQDEOLQJEXWWRQ7KHFRQWUROOHUUHFHLYHVWKHVDPHVLJQDOUHJDUGOHVVRIZKHWKHURQHRUERWKHQDEOLQJEXWWRQVKDYHEHHQSUHVVHG127,&((QDEOLQJEXWWRQFDQWLOW,I\RXGRQRWSUHVVWKHFHQWHURIWKHHQDEOLQJEXWWRQWKHHQDEOLQJEXWWRQPD\WLOW7KHVZLWFKLQJSURFHVVLVGHOD\HGE\WKLV$GLVFUHSDQF\HUURUPD\RFFXUದVHHVHFWLRQ'LDJQRVWLFV3DJH3UHVVWKHHQDEOLQJEXWWRQLQWKHPLGGOH6ZLWFKVHWWLQJV7KHIROORZLQJILJXUHVKRZVWKHVZLWFKLQJVHTXHQFHIRUHQDEOH(%(QDEOLQJEXWWRQ1HXWUDOSRVLWLRQ(%OHIW(%ULJKW(%OHIW(%ULJKW6ZLWFKVHWWLQJ(QDEOH1HXWUDOSRVLWLRQ[ \[\  7KHIROORZLQJILJXUHVKRZVWKHVZLWFKLQJVHTXHQFHGXULQJSDQLFXVDJH(%(QDEOLQJEXWWRQ1HXWUDOSRVLWLRQ(%OHIW(%ULJKW(%OHIW(%ULJKW6ZLWFKVHWWLQJ(QDEOH3DQLF 1HXWUDOSRVLWLRQ[ X[  X\\,IWKHRSHUDWRUSUHVVHVWKHHQDEOLQJEXWWRQLQWKH3DQLFVZLWFKSRVLWLRQWKH(QDEOHVZLWFKSRVLWLRQZLOOQRWEHHYDOXDWHGZKHQOHDYLQJWKHSDQLFVHWWLQJ$QHZHQDEOHFDQRQO\EHWULJJHUHGE\UHOHDVLQJWKHHQDEOLQJEXWWRQ1RWH7KH+0,GHYLFHDQDO\]HVWKHVZLWFKVHWWLQJVRIWKHWZRHQDEOLQJEXWWRQVLQWKHIRUPRIDQ25JDWH7KHHQDEOLQJEXWWRQDQGPHPEUDQHNH\ERDUGFDQEHRSHUDWHGVLPXOWDQHRXVO\REVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V2SHUDWRUFRQWUROV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  7HVWLQJWKHIXQFWLRQ3HUIRUPDQDQQXDOIXQFWLRQWHVWIRUWKHHQDEOLQJEXWWRQDQG(0(5*(1&<6723EXWWRQGXULQJFRPPLVVLRQLQJ3URFHGXUH3URFHHGDVIROORZV 6ZLWFKRQWKH+0,GHYLFH 3UHVVERWKHQDEOLQJEXWWRQVZKHQWKH7HVW(QDEOLQJ%XWWRQGLDORJLVVKRZQ 3UHVVWKH(0(5*(1&<6723EXWWRQ 2SHUDWRUFRQWUROV 2SHUDWLQJWKHKDQGZKHHO7KHKDQGZKHHOLVDQRSWLRQDORSHUDWRUFRQWURO7KHKDQGZKHHOFDQEHWXUQHGZLWKRXWDVWRSDQGGRHVQRWKDYHD]HURSRVLWLRQ7RIDFLOLWDWHRSHUDWLRQWKHKDQGZKHHOKDVDVPDOOUHFHVV+DQGZKHHOZLWKUHFHVV 2SHUDWLQJWKHNH\RSHUDWHGVZLWFK,QWURGXFWLRQ7KHNH\RSHUDWHGVZLWFKLVDQRSWLRQDORSHUDWRUFRQWURO7KHNH\RSHUDWHGVZLWFKLVXVHGWRORFNIXQFWLRQVWKDWFDQEHWULJJHUHGYLDWKH0RELOH3DQHO),:/$1.H\RSHUDWHGVZLWFKREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V 2SHUDWRUFRQWUROV 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(2SHUDWLQJWKHNH\RSHUDWHGVZLWFK7KHIROORZLQLJILJXUHVKRZVWKHWKUHHVZLWFKSRVLWLRQVRIWKHNH\RSHUDWHGVZLWFK,,,,,,7KHNH\FDQEHUHPRYHGLQWKHVZLWFKVHWWLQJ5HPRYHWKHNH\DIWHUXVH,IWKH+0,GHYLFHIDOOVGRZQ\RXFDQDYRLGGDPDJLQJWKHNH\WKURXJKWKLV1RWH7KHNH\WRWKHNH\RSHUDWHGVZLWFKLVVXSSOLHGWRJHWKHUZLWKWKH+0,GHYLFH7KHNH\GRHVQRWKDYHDQ+0,GHYLFHGHSHQGHQWFRGLQJ7KLVPHDQVWKHNH\FDQEHXVHGRQDQ\0RELOH3DQHO),:/$1 2SHUDWLQJWKHLOOXPLQDWHGSXVKEXWWRQ7KHIXQFWLRQRIWKHLOOXPLQDWHGSXVKEXWWRQLVGHILQHGLQWKHFXUUHQWSURMHFW5HIHUWRWKHSODQWGRFXPHQWDWLRQIRUDGGLWLRQDOLQIRUPDWLRQRQWKHIXQFWLRQ,OOXPLQDWHGSXVKEXWWRQ (YDOXDWLQJRSHUDWRUFRQWUROV 2YHUYLHZ7KHIROORZLQJLQIRUPDWLRQFDQEHWUDQVIHUUHGEHWZHHQWKH+0,GHYLFHDQGWKH3/&Ⴠ'LUHFWLRQSXOVHVRIWKHKDQGZKHHOჀ6ZLWFKLQJVWDWHRIWKHIXQFWLRQNH\VჀ.H\RSHUDWHGVZLWFKVWDWHჀ6ZLWFKLQJVWDWHRIWKHLOOXPLQDWHGSXVKEXWWRQჀ6ZLWFKLQJVWDWHRIWKHIXQFWLRQNH\VDQGLOOXPLQDWHGSXVKEXWWRQ/('VREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V2SHUDWRUFRQWUROV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 7KHUHDUHWZRZD\VRIWUDQVPLWWLQJLQIRUPDWLRQჀ'LUHFWNH\VჀ6\VWHPIXQFWLRQVRI:LQ&&IOH[LEOH1RWH7KHIROORZLQJVHFWLRQVDUHLQWHQGHGIRUWKHFRQILJXUDWLRQHQJLQHHU (YDOXDWLQJRSHUDWRUFRQWUROVDVGLUHFWNH\V<RXFDQFRQILJXUHWKHRSHUDWRUFRQWUROVRIWKH+0,GHYLFHDVGLUHFWNH\V7KHVZLWFKLQJVWDWHRIWKHIROORZLQJRSHUDWRUFRQWUROVDUHDYDLODEOHGLUHFWO\LQWKH,2DUHDRIWKH3/&Ⴠ'LUHFWLRQSXOVHVRIWKHKDQGZKHHOჀ7KHVZLWFKLQJVWDWHRIWKHIXQFWLRQNH\VჀ7KHVZLWFKLQJVWDWHRIWKHNH\RSHUDWHGVZLWFKჀ7KHVZLWFKLQJVWDWHRIWKHLOOXPLQDWHGSXVKEXWWRQV%\WHDVVLJQPHQW7KHIROORZLQJILJXUHVKRZVWKHDVVLJQPHQWRIWKHNH\VLQSXWVDQG/('VRXWSXWVWRWKHE\WHVLQWKH3/&SURFHVVLPDJH%XWWRQELWV /('ELWV%\WH) ) ) ) ) ) ) )) ) ) ) ) ) ) )) )7 7) ) ) ) ) ) ) )) ) ) ) ) )) )) )7 7 6 6, , , , , , , ,' ' ' ' ' ' ' '                     QQQQQQQQQQ) %LWIRUIXQFWLRQNH\6 %LWIRUNH\RSHUDWHGVZLWFK7 %LWIRUOHIWLOOXPLQDWHGSXVKEXWWRQ7 %LWIRUULJKWLOOXPLQDWHGSXVKEXWWRQ, %LWIRUKDQGZKHHOSXOVHVIRUZDUGV' %LWIRUKDQGZKHHOSXOVHVEDFNZDUGV7KHE\WHVQWRQFRQWDLQWKHGLUHFWNH\ELWVIRUWKHWRXFKVFUHHQEXWWRQV5HIHUWR\RXUSODQWGRFXPHQWDWLRQIRUDGGLWLRQDOLQIRUPDWLRQREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V 2SHUDWRUFRQWUROV 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(%LWDVVLJQPHQW7KHIROORZLQJWDEOHVVKRZWKHELWFRGLQJIRUIXQFWLRQNH\VNH\RSHUDWHGVZLWFKLOOXPLQDWHGSXVKEXWWRQDQGKDQGZKHHOჀ%LWFRGLQJRIIXQFWLRQNH\V6ZLWFKVWDWH )WR)1RWSUHVVHG 3UHVVHG Ⴠ%LWFRGLQJRIIXQFWLRQNH\/('V6ZLWFKVWDWH )WR)/('QRWLOOXPLQDWHG /('LVLOOXPLQDWHG Ⴠ%LWFRGLQJRINH\RSHUDWHGVZLWFK6ZLWFKVWDWH 6 6 .H\SRVLWLRQ3RVLWLRQ   ,QPLGGOHSRVLWLRQ3RVLWLRQ,   7XUQHGLQFORFNZLVHGLUHFWLRQXSWRVWRS3RVLWLRQ,,   7XUQHGFRXQWHUFORFNZLVHXSWRVWRSჀ%LWFRGLQJRILOOXPLQDWHGSXVKEXWWRQV6ZLWFKVWDWH 7 71RWSUHVVHG  3UHVVHG  Ⴠ%LWFRGLQJRILOOXPLQDWHGSXVKEXWWRQ/('V6ZLWFKLQJVWDWH/(' 7 72II  2QSHUPDQHQWO\  Ⴠ%LWFRGLQJRIKDQGZKHHOದ$VHWSRLQWLVQRWVSHFLILHGIRUWKHKDQGZKHHOದ$IWHUVWDUWXSRIWKH+0,GHYLFHWKHE\WHVQWRQDUHVHWWR]HUR5RWDWLRQRIWKHKDQGZKHHOSURGXFHVSRVLWLYHRUQHJDWLYHSXOVHVGHSHQGLQJRQWKHURWDWLRQGLUHFWLRQ7KHQXPEHURISRVLWLYHSXOVHVDUHVWRUHGLQELWV,WR,7KHQXPEHURIQHJDWLYHSXOVHVDUHVWRUHGLQELWV'WR'7KHYDOXHVDUHHQWHUHGLQELQDU\IRUPDWZKHUHELWLVWKHORZHVWDQGELWLVWKHKLJKHVWYDOXHGELW$FRPSOHWHKDQGZKHHOUHYROXWLRQ\LHOGVSXOVHVದ(YHU\SXOVHRIWKHKDQGZKHHOLVDGGHGWRE\WHQRUQGHSHQGLQJRQWKHGLUHFWLRQRIURWDWLRQ7KHUHDUHQRQHJDWLYHYDOXHV:KHQWKHSRVVLEOHYDOXHUDQJHLVH[FHHGHGWKHUHLVDQRYHUIORZ,IDYDOXHRILVLQFUHDVHGE\RQHSXOVHDYDOXHRIUHVXOWVREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V2SHUDWRUFRQWUROV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( ([DPSOHRIELWDVVLJQPHQWIRUKDQGZKHHO7KHIROORZLQJWDEOHLQFOXGHVDQH[DPSOHIRUURWDWLRQGLUHFWLRQGHWHUPLQDWLRQ7KHSXOVHVDUHVWRUHGLQE\WHVQDQGQDQGDUHPHDVXUHGGXULQJWKHSRLQWVLQWLPHWWRW7KHQXPEHUVLQWKHIROORZLQJWDEOHUHSUHVHQWDE\WHLQWKH3/&+DQGZKHHO(YDOXDWLRQWLPH3XOVHVIRUZDUGV3XOVHVEDFNZDUGV(YDOXDWLRQW ฬದ ฬದ W  ฬದ 3XOVHVIRUZDUGV3XOVHVEDFNZDUGV5HVXOWLQJYDOXHW   3XOVHVIRUZDUGV3XOVHVEDFNZDUGV5HVXOWLQJYDOXHದW   3XOVHVIRUZDUGV3XOVHVEDFNZDUGV5HVXOWLQJYDOXH7KHGLIIHUHQFHLQSXOVHVDWWLPHVWQDQGWQDOORZV\RXWRGHWHUPLQHWKHUHVXOWLQJYDOXHDQGWKXVWKHGLUHFWLRQRIURWDWLRQ(VWDEOLVKWKHIROORZLQJYDOXHVჀ1XPEHURISXOVHVIRUZDUGVದ$WWLPHWQದ$WWLPHWQჀ1XPEHURISXOVHVEDFNZDUGVದ$WWLPHWQದ$WWLPHWQ)URPWKLV\RXGHWHUPLQHWKHUHVXOWLQJYDOXH7KLVLVFDOFXODWHGDV 3XOVHVIRUZDUGVWQದ 3XOVHVIRUZDUGVWQದ 3XOVHVEDFNZDUGVWQ 3XOVHVEDFNZDUGVWQ  5HVXOWLQJYDOXH&RQVLGHUWKHUHVSRQVHWLPH127,&(6DPSOHF\FOHWLPH,IWKHVFDQF\FOHLVODUJHWKHHQWHUHGLPSXOVHVZLOOQRWLPPHGLDWHO\KDYHDQHIIHFWRQWKH3/&$UHDFWLRQLQWKHV\VWHPLVQRWFDXVHG,QWKH3/&VHWDVFDQF\FOHืPVREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V 2SHUDWRUFRQWUROV 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(7KHE\WHVQDQGQPXVWEHUHWULHYHGRQWKH3/&VLGHZLWKLQDVHFRQGDQGF\FOLFDOO\7KLVHQVXUHVWKDWQRPRUHWKDQSXOVHVFDQEHDGGHGEHWZHHQWZRVFDQVRIWKHKDQGZKHHO)RUSXOVHVDSSUR[LPDWHO\UHYROXWLRQVRIWKHKDQGZKHHODUHUHTXLUHG7KHURWDU\SXOVHHQFRGHUVXSSOLHVDPD[LPXPRISXOVHVSHUVHFRQG &RQWUROOLQJWKH/('VRIWKHIXQFWLRQNH\VYLDV\VWHPIXQFWLRQV,QWURGXFWLRQ/('VDUHLQWHJUDWHGLQWKH+0,GHYLFHVIXQFWLRQNH\V)WR)7KH3/&FDQEHGLUHFWO\FRPPXQLFDWHGZLWKWKHLQWHJUDWHG/('V$Q/('FDQWUDQVPLWWKHIROORZLQJOLJKWVLJQDOVჀ2IIჀ)ODVKLQJVORZO\Ⴠ)ODVKLQJTXLFNO\Ⴠ2Q,QWKHH[SLULQJSURMHFWWKHOLJKWVLJQDOVFDQVLJQDOL]HWRWKHRSHUDWRUWKDWWKHIXQFWLRQNH\VKRXOGEHSUHVVHG%LWDVVLJQPHQW7KHIROORZLQJWDEOHVKRZVWKHSRVVLEOHOLJKWVLJQDOVDQGWKHFRUUHVSRQGLQJHQWULHVLQELWQDQGELWQRIWKH/('WDJV%LWQ %LWQ /LJKWVLJQDO  2II  )ODVKLQJTXLFNO\  )ODVKLQJVORZO\  21FRQWLQXRXV &RQWUROOLQJWKHKDQGZKHHOYLDV\VWHPIXQFWLRQV,QWURGXFWLRQ7KHKDQGZKHHOLVDQRSWLRQDORSHUDWRUFRQWURORIWKH+0,GHYLFH<RXFDQHQWHULQFUHPHQWDOYDOXHVLQDUXQQLQJSURMHFWZLWKWKHKDQGZKHHO1RWH'RQRWFRQILJXUHOLPLWYDOXHVLQ:LQ&&IOH[LEOHIRUWDJVDVVLJQHGWRWKHKDQGZKHHOENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V2SHUDWRUFRQWUROV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( (YDOXDWHLQFUHPHQWDOYDOXHV,IWKHVLJQDOVRIWKHKDQGZKHHODUHDVVLJQHGWRD:LQ&&IOH[LEOHWDJWKHQWKHIRUZDUGDQGEDFNZDUGLQFUHPHQWVZLOOEHVHWRIIDJDLQVWHDFKRWKHU7KHDEVROXWHYDOXHRIWKHLQFUHPHQWVLVJLYHQ7KHPD[LPXPRUPLQLPXPYDOXHRILQFUHPHQWVHQWHUHGXQWLOWKHRYHUIORZLVUHDFKHGGHSHQGVRQWKHW\SHRIWDJDVVLJQHG$FRPSOHWHKDQGZKHHOUHYROXWLRQ\LHOGVSXOVHV7KHURWDU\SXOVHHQFRGHUVXSSOLHVDPD[LPXPRISXOVHVSHUVHFRQG([DPSOHჀ7KHKDQGZKHHOKDVDVWDUWLQJYDOXHRILQFUHPHQWVჀ<RXURWDWHWKHZKHHOLQFUHPHQWVIRUZDUGVDQGLQFUHPHQWVEDFNZDUGV7KLVUHVXOWVLQDQHZYDOXHRILQFUHPHQWV &RQWUROOLQJNH\RSHUDWHGVZLWFKHVYLDV\VWHPIXQFWLRQV,QWURGXFWLRQ7KHNH\RSHUDWHGVZLWFKLVDQRSWLRQDORSHUDWRUFRQWURORIWKH+0,GHYLFH7KHNH\RSHUDWHGVZLWFKVHUYHVWRORFNIXQFWLRQVLQDUXQQLQJSURMHFWZKLFKFDQEHWULJJHUHGE\PHDQVRIWKH+0,GHYLFH%LWDVVLJQPHQW7KHIROORZLQJWDEOHVKRZVWKHELWDVVLJQPHQWIRUWKHWDJRIWKHNH\RSHUDWHGVZLWFK%LW %LW 6ZLWFKVHWWLQJ  &HQWUDOSRVLWLRQ  7XUQHGLQFORFNZLVHGLUHFWLRQXSWRVWRS  7XUQHGFRXQWHUFORFNZLVHXSWRVWRS1RWH,I\RXXVHDWDJRIWKH%RROHDQW\SHIRUWKHNH\RSHUDWHGVZLWFKWKHIROORZLQJDVVLJQPHQWDSSOLHVx6WDWXV&HQWUDOSRVLWLRQRIWKHNH\RSHUDWHGVZLWFKx6WDWXV.H\RSHUDWHGVZLWFKWXUQHGFORFNZLVHRUFRXQWHUFORFNZLVHWRWKHVWRS &RQWUROOLQJDQGHYDOXDWLQJLOOXPLQDWHGPXVKURRPSXVKEXWWRQVYLDV\VWHPIXQFWLRQV,QWURGXFWLRQ7KHLOOXPLQDWHGSXVKEXWWRQVDUHRSWLRQDORSHUDWRUFRQWUROVRIWKH+0,GHYLFH7KH3/&FDQEHGLUHFWO\FRPPXQLFDWHGZLWKWKHLQWHJUDWHG/('REVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V /DEHOLQJWKHIXQFWLRQNH\V 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$($Q/('FDQWUDQVPLWWKHIROORZLQJOLJKWVLJQDOVჀ2IIჀ)ODVKLQJVORZO\Ⴠ)ODVKLQJTXLFNO\Ⴠ2Q,QWKHH[SLULQJSURMHFWWKHOLJKWVLJQDOVFDQVLJQDOL]HWRWKHRSHUDWRUWKDWWKHLOOXPLQDWHGSXVKEXWWRQVKRXOGEHSUHVVHG%LWDVVLJQPHQW7KHIROORZLQJWDEOHVKRZVWKHELWDVVLJQPHQWIRUWKHVWDWHYDULDEOHV%LW 6WDWXVRIWKHLOOXPLQDWHGSXVKEXWWRQ 1RWSUHVVHG 3UHVVHG7KHIROORZLQJWDEOHVKRZVWKHELWDVVLJQPHQWIRUWKH/('YDULDEOHV%LWQ %LWQ /LJKWVLJQDO  2II  )ODVKLQJTXLFNO\  )ODVKLQJVORZO\  21FRQWLQXRXV /DEHOLQJWKHIXQFWLRQNH\V,QWURGXFWLRQ<RXFDQODEHOWKHIXQFWLRQNH\VDVUHTXLUHGIRU\RXUSURMHFW8VHODEHOLQJVWULSVWRGRVR1RWH'RQRWZULWHRQWKHNH\ERDUGWRODEHOWKHIXQFWLRQNH\V3ULQWLQJODEHOLQJVWULSV:LQ&&IOH[LEOHFRPHVZLWKDUDQJHRIODEHOLQJVWULSWHPSODWHV<RXZLOOILQGIXUWKHULQIRUPDWLRQUHJDUGLQJWKHORFDWLRQRIWKHWHPSODWHVLQWKH:LQ&&IOH[LEOH2QOLQH+HOS$Q\SULQWDEOHDQGZULWDEOHIRLOFDQEHXVHGDVODEHOLQJVWULSV8VHWUDQVSDUHQWIRLOVRWKDWWKH/('VRIWKHIXQFWLRQNH\VFDQEHVHHQ7KHSHUPLWWHGWKLFNQHVVRIWKHODEHOLQJVWULSLVPP3DSHUVKRXOGQRWEHXVHGDVODEHOLQJVWULSVREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V/DEHOLQJWKHIXQFWLRQNH\V0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( /DEHOLQJVWULSGLPHQVLRQV$OOGLPHQVLRQVLQPP/DEHOLQJVWULSRQULJKW/DEHOLQJVWULSRQOHIW/DEHOLQJVWULSDWERWWRP  [[r5ದ[r [ ದ5[r[ 5ದ3URFHGXUH7KHIROORZLQJVWHSVDSSO\IRUWKHLQLWLDODWWDFKLQJRIODEHOLQJVWULSV3URFHHGDVIROORZV /D\WKH+0,GHYLFHRQLWVUHYHUVHVLGH 5HPRYHWKHODEHOIURPWKHFRYHUFDSV/DEHO&RYHUFDSV 8QVFUHZERWKFRYHUFDSV 3XOOWKHODEHOLQJVWULSVRXWRIWKHJXLGHVREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V +ROGLQJRSHUDWLQJDQGVHWWLQJGRZQWKH+0,GHYLFH 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( ,QVFULEHWKHODEHOLQJVWULSVLQDFFRUGDQFHZLWKWKHV\VWHP:DLWIRUWKHSULQWHGODEHOLQJVWULSVWRGU\EHIRUH\RXLQVHUWWKHP 3XVKWKHODEHOLQJVWULSVLQWRWKHJXLGHV 6FUHZERWKFRYHUFDSVEDFNRQ6FUHZHGRQFRYHUFDSVZLWKLQVHUWHGUXEEHUVHDOVVDWLVI\GHJUHHRISURWHFWLRQ,3 3ODFHWKHODEHORQWRWKHFRYHUFDSV1RWH6KRXOGWKHH[FKDQJHRIODEHOLQJVWULSVEHFRPHQHFHVVDU\WKHVHFDQEHUHRUGHUHGIURP\RXU6LHPHQVUHSUHVHQWDWLYH +ROGLQJRSHUDWLQJDQGVHWWLQJGRZQWKH+0,GHYLFH+ROGLQJDQGRSHUDWLQJWKH+0,GHYLFH7KH+0,GHYLFHLVHTXDOO\HDV\WRKROGDQGRSHUDWHIRUULJKWKDQGHUVDQGOHIWKDQGHUVEHFDXVHLWLVGHVLJQHGV\PPHWULFDOO\7KHIUHHKDQGFDQEHXVHGWRRSHUDWHWKHRSHUDWRUFRQWUROVRQWKHIURQWVLGH1RWH5HDGWKHVHFWLRQ6DIHW\UHODWHGRSHUDWRUFRQWUROV3DJH7KHPHWKRGRIKROGLQJWKH+0,GHYLFHVKRZQLQWKHIROORZLQJILJXUHHQDEOHV\RXWRFRQWUROPRYHPHQWVLQWKHSODQWWREHPRQLWRUHGGXULQJVHUYLFLQJIRUH[DPSOH7KHKDQGKROGLQJWKH+0,GHYLFHFDQDOVREHXVHGWRDFWLYDWHWKHHQDEOLQJEXWWRQ7KHHQDEOLQJEXWWRQLVRSWLPDOO\DFFHVVLEOH,QDGDQJHURXVVLWXDWLRQDVDIHW\VKXWGRZQLVWULJJHUHGLQDSDQLFUHDFWLRQE\UHOHDVLQJRUIXOO\SUHVVLQJWKHHQDEOLQJEXWWRQREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V +ROGLQJRSHUDWLQJDQGVHWWLQJGRZQWKH+0,GHYLFH0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 7KH(0(5*(1&<6723EXWWRQFDQDOVREHTXLFNO\UHDFKHGZLWK\RXUIUHHKDQG127,&(+ROGLQJWKH+0,GHYLFH,I\RXGRQRWFDUU\WKH+0,GHYLFHDVVKRZQ\RXFDQQRWRSHUDWHWKH(0(5*(1&<6723EXWWRQRUHQDEOLQJEXWWRQTXLFNO\HQRXJKLQDGDQJHURXVVLWXDWLRQ+ROGWKH+0,GHYLFHDVVKRZQ7KLVHVSHFLDOO\DSSOLHVWRDOOKD]DUGRXVPRYHPHQWVWKDW\RXFRQWUROPDQXDOO\<RXFDQWKHQHQJDJHWKH(0(5*(1&<6723EXWWRQRUHQDEOLQJEXWWRQDVIDVWDVSRVVLEOHLQDGDQJHURXVVLWXDWLRQ6HWWLQJGRZQWKH+0,GHYLFH$FKDUJLQJVWDWLRQLVDYDLODEOHIRUVDIHDFFRPPRGDWLRQRIWKH+0,GHYLFH127,&(3UHVVLQJWKH(0(5*(1&<6723EXWWRQ,IWKH+0,GHYLFHLVSODFHGLQDQXQVXLWDEOHKROGHUWKHRSHUDELOLW\RIWKH(0(5*(1&<6723EXWWRQZLOOEHLPSDLUHG2QO\XVHWKHEHORQJLQJFKDUJLQJVWDWLRQIRUVWRULQJWKH+0,GHYLFH7KH+0,GHYLFHFDQEHXVHGDVDVWDWLRQDU\GHYLFHZKHQLWLVSODFHGLQWKHFKDUJLQJVWDWLRQ7KHIROORZLQJILJXUHVKRZVKRZWKH+0,GHYLFHLVSODFHGLQWKHFKDUJLQJVWDWLRQENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V 8VLQJWKHFKDUJLQJVWDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 8VLQJWKHFKDUJLQJVWDWLRQ &KDUJLQJWKHPDLQEDWWHU\LQWKHFKDUJLQJFRPSDUWPHQW7KHFKDUJLQJVWDWLRQKDVWZRFKDUJLQJFRPSDUWPHQWVHDFKRIZKLFKFDQFKDUJHRQHPDLQEDWWHU\7KHPDLQEDWWHULHVDUHFKDUJHGLQGHSHQGHQWO\RIHDFKRWKHU/RFNLQJODWFKIRUFKDUJLQJFRPSDUWPHQWFRYHU&KDUJLQJFRPSDUWPHQW/('%$7/(' %$7 &KDUJLQJFRPSDUWPHQW3URFHGXUHIRULQVHUWLQJWKHEDWWHU\LQWRWKHFKDUJLQJFRPSDUWPHQW3URFHHGDVIROORZV 3XOOXSWKHORFNLQJODWFKRQWKHFKDUJLQJFRPSDUWPHQWFRYHU7KHFRYHUFDQQRZEHRSHQHG 3ODFHWKHPDLQEDWWHU\LQWRWKHFKDUJLQJFRPSDUWPHQW &ORVHWKHFKDUJLQJFRPSDUWPHQW7KHPDLQEDWWHU\LVFKDUJHGZKHQHYHUWKHFKDUJLQJVWDWLRQLVFRQQHFWHGWRWKHSRZHUVXSSO\XQLWREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V8VLQJWKHFKDUJLQJVWDWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 3URFHGXUHIRUUHPRYLQJWKHEDWWHU\IURPWKHFKDUJLQJFRPSDUWPHQW3URFHHGDVIROORZV 3XOOXSWKHORFNLQJODWFKRQWKHFKDUJLQJFRPSDUWPHQWFRYHU7KHFRYHUFDQQRZEHRSHQHG 5HPRYHWKHPDLQEDWWHU\XVLQJWKHULEERQ 7HVWWKHFKDUJHVWDWHRIWKH/('GLVSOD\RIWKHPDLQEDWWHU\ &ORVHWKHFKDUJLQJFRPSDUWPHQW /('GLVSOD\VRQWKHFKDUJLQJVWDWLRQ7KH/('GLVSOD\FRQVLVWVRIWKUHH/('V7KH/('VKDYHWKHIROORZLQJPHDQLQJ/(' &RORU 0HDQLQJ%$7 *UHHQ 7KH/('LVRIIZKHQWKHUHLVQREDWWHU\LQFKDUJLQJFRPSDUWPHQW7KH/('IODVKHVZKHQWKHEDWWHU\LQFKDUJLQJFRPSDUWPHQWLVEHLQJFKDUJHG7KH/('OLJKWVXSZKHQWKHPDLQEDWWHU\LQFKDUJLQJFRPSDUWPHQWLVFKDUJHG32:(5 *UHHQUHG 7KH/('LVRIIZKHQWKHUHLVQRYROWDJHVXSSO\WRWKHFKDUJLQJVWDWLRQ7KH/('EOLQNVLIDQ+0,GHYLFHLVFRUUHFWO\LQVHUWHGLQWKHFKDUJLQJVWDWLRQDQGKDVDFKDUJLQJFRQWDFW7KH/('OLJKWVXSJUHHQZKHQWKHSRZHUVXSSO\WRWKHFKDUJLQJVWDWLRQLVZLWKLQWKHQRPLQDOUDQJH7KH/('LVUHGZKHQWKHUHLVDQRYHUYROWDJHRUXQGHUYROWDJHDWWKHFKDUJLQJVWDWLRQ%$7 *UHHQ 7KH/('LVRIIZKHQWKHUHLVQREDWWHU\LQFKDUJLQJFRPSDUWPHQW7KH/('IODVKHVZKHQWKHEDWWHU\LQFKDUJLQJFRPSDUWPHQWLVEHLQJFKDUJHG7KH/('OLJKWVXSZKHQWKHPDLQEDWWHU\LQFKDUJLQJFRPSDUWPHQWLVFKDUJHGREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V 8VLQJWKHFKDUJLQJVWDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(127,&(/('VVZLWFKHGRIIZLWKRYHUYROWDJH,IWKHUHLVDQRYHUYROWDJHRQWKHFKDUJLQJVWDWLRQWKHQDOO/('VZLOOH[SLUH,IDOO/('VDUHRIIWKHQFKHFNWKHSRZHUVXSSO\RIWKHFKDUJLQJVWDWLRQIRURYHUYROWDJH /RFNLQJWKHFKDUJLQJVWDWLRQ,QWURGXFWLRQ7KHORFNSUHYHQWVXQDXWKRUL]HGUHPRYDORIWKH+0,GHYLFHIURPWKHFKDUJLQJVWDWLRQ/RFNEDUUHOZLWKNH\/RFN+RRNIRUKRRNLQJLQWKH+0,GHYLFHREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V8VLQJWKHFKDUJLQJVWDWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 3URFHGXUHIRUORFNLQJWKHFKDUJLQJVWDWLRQ3URFHHGDVIROORZV 6OLGHWKHORFNGRZQWRWKHDSSURSULDWHFXWRXWLQWKHFKDUJLQJVWDWLRQ 7XUQWKHNH\E\GHJUHHV 5HPRYHWKHNH\7KHFKDUJLQJVWDWLRQLVORFNHG<RXFDQQRWUHPRYHWKH+0,GHYLFH7KHPDLQEDWWHU\LQWKH+0,GHYLFHLVFKDUJHGZKHQHYHUWKHFKDUJLQJVWDWLRQLVFRQQHFWHGWRWKHSRZHUVXSSO\XQLW3URFHGXUHIRUXQORFNLQJWKHFKDUJLQJVWDWLRQ3URFHHGDVIROORZV ,QVHUWWKHNH\LQWRWKHORFNEDUUHO 7XUQWKHNH\E\GHJUHHV 6OLGHWKHORFNXSZDUGV<RXFDQUHPRYHWKH+0,GHYLFHREVIEWENGLISH27.07.2010
2SHUDWRUFRQWUROVDQGGLVSOD\V 8VLQJWKHFKDUJLQJVWDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(REVIEWENGLISH27.07.2010
0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( &RQILJXULQJWKH+0,GHYLFH  'HVNWRSDQG/RDGHU2QFHWKH+0,GHYLFHLVVZLWFKHGRQDQGERRWHGWKHGLVSOD\VKRZVWKHGHVNWRSZLWKWKH/RDGHU཰ 'HVNWRSཱ /RDGHUི 6WDUWPHQXཱི ,FRQIRUVFUHHQNH\ERDUGུ ,FRQIRUGLVSOD\LQJ,3LQIRUPDWLRQDERXWWKH:/$1/$1FRQQHFWLRQREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH 'HVNWRSDQG/RDGHU 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(/RDGHU7KHIROORZLQJILJXUHVKRZVWKH/RDGHU7KHEXWWRQVRQWKH/RDGHUKDYHWKHIROORZLQJIXQFWLRQჀ7UDQVIHUEXWWRQದ7KLVVZLWFKHVWKH+0,GHYLFHWR7UDQVIHUPRGH7KHWUDQVIHUPRGHFDQRQO\EHDFWLYDWHGZKHQDWOHDVWRQHGDWDFKDQQHOKDVEHHQHQDEOHGIRUWKHWUDQVIHUჀ6WDUWEXWWRQದ7KLVVWDUWVWKHSURMHFWRQWKH+0,GHYLFH:KHQ\RXGRQRWSHUIRUPDQ\RSHUDWLRQWKHSURMHFWVWDUWVDXWRPDWLFDOO\EDVHGRQWKHVHWWLQJVLQWKH&RQWURO3DQHODIWHUDGHOD\WLPHჀ&RQWURO3DQHOEXWWRQದ7KLVRSHQVWKH&RQWURO3DQHO<RXFDQPDNHDYDULHW\RIVHWWLQJVLQWKH&RQWURO3DQHOIRUH[DPSOHWKHVHWWLQJVIRUWKHWUDQVIHUჀ7DVNEDUEXWWRQದ7KLVRSHQVWKHWDVNEDUDQGWKH:LQGRZV&(6WDUWPHQX7KH/RDGHUZLOOUHDSSHDUZKHQWKHSURMHFWLVFORVHGRQWKH+0,GHYLFH3DVVZRUGSURWHFWLRQ<RXFDQSURWHFWWKH&RQWURO3DQHODQGWDVNEDUIURPXQDXWKRUL]HGDFFHVV,ISDVVZRUGSURWHFWLRQLVFRQILJXUHGWKHVHFXUHPRGHPHVVDJHLVGLVSOD\HGRQWKHGHVNWRS,IWKHSDVVZRUGLVQRWHQWHUHGRQO\WKH7UDQVIHUDQG6WDUWEXWWRQVDUHRSHUDEOH<RXFDQILQGDGGLWLRQDOLQIRUPDWLRQRQ6HFXUH0RGHLQWKHVHFWLRQ(QDEOLQJDQGGLVDEOLQJ6HFXUH0RGH3DJH127,&(.HHSLQJWKHSDVVZRUG,IWKHSDVVZRUGLVQRORQJHUDYDLODEOH\RXDUHIRUFHGWRXSGDWHWKHRSHUDWLQJV\VWHPWRUHJDLQDFFHVVWRWKH&RQWURO3DQHODQGWKH:LQGRZV&(WDVNEDU%DFNXSSDVVZRUGWRSURWHFWLWDJDLQVWORVV<RXFDQILQGDGGLWLRQDOLQIRUPDWLRQRQXSGDWLQJWKHRSHUDWLQJV\VWHPLQWKHVHFWLRQ8SGDWLQJWKHRSHUDWLQJV\VWHP3DJHREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH'HVNWRSDQG/RDGHU0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( ,QWHUQHW([SORUHU,QWHUQHW([SORUHIRU:LQGRZV&(LVLQVWDOOHGRQWKH+0,GHYLFH1RWH,QWHUQHW([SORUHUIRU:LQGRZV&(DQGWKH,QWHUQHW([SORUHURQD3&GLIIHULQWHUPVRIIXQFWLRQDOLW\,QWHUQHW([SORUHUIRU:LQGRZV&(KDVVHSDUDWHSUR[\VHWWLQJVWKDWDUHLQGHSHQGHQWRIWKHVHWWLQJVLQWKH&RQWURO3DQHORIWKH+0,GHYLFH)RUPRUHGHWDLOHGLQIRUPDWLRQUHIHUWRWKH0LFURVRIWZHEVLWH6WDWXVEDU:KHQ\RXFOLFNWKHLFRQLQWKHVWDWXVEDUWKHIROORZLQJGLDORJDSSHDUVREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH 2SHUWDLQJGHVNWRSDQGORDGHU 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(཰ $GGUHVVW\SHཱ ,3DGGUHVVི 6XEQHWPDVNཱི %XWWRQIRUGHWDLOVུ %XWWRQWRUHIUHVKWKHGLVSOD\7KHGLDORJFRQWDLQVLQIRUPDWLRQRQWKHFXUUHQW:/$1RU/$1FRQQHFWLRQ 2SHUWDLQJGHVNWRSDQGORDGHU7KHIROORZLQJRSHUDWRUFRQWURORSWLRQVDUHPDGHDYDLODEOHIRUWKH:LQGRZV&(LQWHUIDFHDQG&RQWURO3DQHOჀ7RXFKVFUHHQ7KHRSHUDWRUFRQWUROVVKRZQLQWKHGLDORJVDUHWRXFKVHQVLWLYH7RXFKREMHFWVDUHRSHUDWHGLQWKHVDPHZD\DVPHFKDQLFDONH\V<RXDFWLYDWHDQRSHUDWRUFRQWUROE\SUHVVLQJRQLWZLWK\RXUILQJHU7RGRXEOHFOLFNWKHPWRXFKDQRSHUDWRUFRQWUROWZLFHLQVXFFHVVLRQჀ86%NH\ERDUG<RXFDQRSHUDWHWKH:LQGRZV&(LQWHUIDFHDQG&RQWURO3DQHOZLWKDQH[WHUQDONH\ERDUGLQH[DFWO\WKHVDPHPDQQHUDVZLWKWKHVFUHHQNH\ERDUGRIWKH+0,GHYLFHჀ86%PRXVH<RXFDQRSHUDWHWKH:LQGRZV&(LQWHUIDFHDQG&RQWURO3DQHOZLWKDQH[WHUQDOPRXVHLQH[DFWO\WKHVDPHPDQQHUDVZLWKWKHWRXFKVFUHHQRIWKH+0,GHYLFH (QDEOLQJDQGGLVDEOLQJ6HFXUH0RGH6HFXUH0RGHSUHYHQWVXQDXWKRUL]HGDFFHVVWRWKHGHVNWRSDQGWKHWDVNEDURIWKH+0,GHYLFH,Q6HFXUH0RGHDOOIXQFWLRQVRQWKHGHVNWRSDQGWKHWDVNEDURIWKH+0,GHYLFHDUHORFNHGREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH&RQWURO3DQHO0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( (QDEOLQJ6HFXUH0RGH<RXKDYHWKHIROORZLQJRSWLRQVIRUHQDEOLQJ6HFXUH0RGHჀ$VVLJQDSDVVZRUGLQWKH&RQWURO3DQHOIRUWKH+0,GHYLFHჀ,IQRSDVVZRUGKDVEHHQDVVLJQHGIRUWKH+0,GHYLFHGRXEOHFOLFNWKHIROORZLQJLFRQRQWKHGHVNWRS6HFXUH0RGHLVHQDEOHG7KHWH[WVHFXUHPRGHDSSHDUVRQWKHGHVNWRS'LVDEOLQJ6HFXUH0RGH<RXFDQGLVDEOH6HFXUH0RGHDVIROORZVჀ,IDSDVVZRUGLVDVVLJQHGIRUWKH+0,GHYLFHWKHQGHOHWHLWჀ,IQRSDVVZRUGKDVEHHQDVVLJQHGIRUWKH+0,GHYLFHRSHUDWHWKH7DVNEDUEXWWRQRQFHLQWKH/RDGHU &RQWURO3DQHO 2YHUYLHZ<RXKDYHWKHIROORZLQJRSWLRQVIRURSHQLQJWKH&RQWURO3DQHOჀ'XULQJWKHVWDUWXSSKDVH2SHQWKH&RQWURO3DQHOLQWKH/RDGHUE\SUHVVLQJWKH&RQWURO3DQHOEXWWRQჀ,QWKH:LQGRZV&(VWDUWPHQXದ3UHVVWKHIROORZLQJNH\RQWKHDOSKDQXPHULFVFUHHQNH\ERDUGWZLFHದ2SHQWKH&RQWURO3DQHOZLWK6HWWLQJV!&RQWURO3DQHO7KHIROORZLQJILJXUHVKRZVWKHRSHQ&RQWURO3DQHOENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH &RQWURO3DQHO 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( )XQFWLRQVLQWKH&RQWURO3DQHO7KHIROORZLQJWDEOHVKRZVUHIHUHQFHVWRWKHIXQFWLRQDOGHVFULSWLRQV,FRQ )XQFWLRQDOGHVFULSWLRQ6DYLQJWRH[WHUQDOVWRUDJHPHGLXPದEDFNXS3DJH5HVWRULQJIURPH[WHUQDOVWRUDJHPHGLXPದ5HVWRUH3DJH,PSRUWLQJGLVSOD\LQJDQGGHOHWLQJFHUWLILFDWHV3DJH6HWWLQJWKHGDWHDQGWLPH3DJH8VLQJWKHVFUHHQNH\ERDUGLQWKH&RQWURO3DQHO3DJH&KDQJLQJJHQHUDOVHWWLQJV3DJH6HWWLQJWKHSUR[\VHUYHU3DJH&KDQJLQJSULYDF\VHWWLQJV3DJH6HWWLQJWKHFKDUDFWHUUHSHDWUDWHRIWKHVFUHHQNH\ERDUG3DJH6HWWLQJWKHGRXEOHFOLFN3DJH6SHFLI\LQJWKH,3DGGUHVVDQGQDPHVHUYHU3DJH6SHFLI\LQJWKHORJRQGDWD3DJH%DFNLQJXSUHJLVWU\LQIRUPDWLRQDQGWHPSRUDU\GDWD3DJH&KDQJLQJGLVSOD\EULJKWQHVV3DJH6WDUWLQJWKH+0,GHYLFHDJDLQ3DJH'LVSOD\LQJLQIRUPDWLRQDERXWWKH+0,GHYLFH3DJH&DOLEUDWLQJWKHWRXFKVFUHHQ3DJH$FWLYDWLQJYLEUDWLRQDODUP3DJH$FWLYDWHPHPRU\PDQDJHPHQW3DJH'LVSOD\LQJWKHFKDUJHVWDWXVRIWKHEDWWHULHV3DJH(QWHULQJDQGGHOHWLQJDSDVVZRUG3DJH&RQILJXULQJWKHSULQWHUFRQQHFWLRQ3DJH(QDEOLQJ352),1(7,23DJH6HWWLQJWKH352),VDIHDGGUHVV3DJH5HJLRQDODQGODQJXDJHVHWWLQJV3DJH&RPPLVVLRQLQJDQ5),'WDJ3DJH6HWWLQJWKHVFUHHQVDYHU3DJH'LVSOD\LQJJHQHUDOV\VWHPSURSHUWLHV3DJH6SHFLI\LQJWKHFRPSXWHUQDPHRIWKH+0,GHYLFH3DJH'LVSOD\LQJPHPRU\GLVWULEXWLRQ3DJH3URJUDPPLQJWKHGDWDFKDQQHO3DJH6HWWLQJWKHORFDWLRQRIWKHSURMHFW3DJH6HWWLQJWKHGHOD\WLPHIRUWKHSURMHFW3DJHREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH&RQWURO3DQHO0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( ,FRQ )XQFWLRQDOGHVFULSWLRQ&RQILJXULQJHPDLO3DJH&RQILJXULQJWKH:/$1FRQQHFWLRQ3DJH 2SHUDWLQJWKH&RQWURO3DQHO<RXRSHUDWHWKH&RQWURO3DQHOZLWKWKHWRXFKVFUHHQRIWKH+0,GHYLFHRUD86%PRXVH5HTXLUHPHQWჀ7KHFXUUHQWSURMHFWLVFORVHGჀ7KHORDGHUDSSHDUV3URFHGXUH3URFHHGDVIROORZV 2SHQWKH&RQWURO3DQHO ([HFXWHWKHIXQFWLRQE\GRXEOHFOLFNLQJRQWKHLFRQ7KHFRUUHVSRQGLQJGLDORJLVGLVSOD\HG 2SHQDWDE7KHFRQWHQWRIWKHGLDORJFKDQJHV 3UHVVWKHUHTXLUHGRSHUDWRUFRQWURO 8VHWKH EXWWRQWRFRQILUP\RXUHQWULHV7KHHQWU\LVDSSOLHG7RFDQFHOWKHHQWU\SUHVVWKH EXWWRQ7KHGLDORJFORVHV 3UHVV 7KH&RQWURO3DQHOFORVHV7KHORDGHUDSSHDUV 8VLQJWKHVFUHHQNH\ERDUGLQWKH&RQWURO3DQHO,I\RXGRQRWXVHDQH[WHUQDONH\ERDUGXVHWKHVFUHHQNH\ERDUGWRHQWHUQXPHULFDQGDOSKDQXPHULFFKDUDFWHUV$VVRRQDV\RXWRXFKDWH[WER[DQXPHULFRUDOSKDQXPHULFVFUHHQNH\ERDUGLVGLVSOD\HGGHSHQGLQJRQWKHW\SHRIWKHWH[WER[REVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH &RQWURO3DQHO 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$('LVSOD\PHWKRGVIRUWKHVFUHHQNH\ERDUG<RXFDQFKDQJHWKHW\SHRIGLVSOD\IRUWKHVFUHHQNH\ERDUGDQGPRYHWKHSRVLWLRQRQWKHVFUHHQჀ1XPHULFDOVFUHHQNH\ERDUGჀ$OSKDQXPHULFDOVFUHHQNH\ERDUG7KHDOSKDQXPHULFDOVFUHHQNH\ERDUGKDVWKHIROORZLQJOHYHOVದ1RUPDOOHYHOದ6KLIWOHYHO7KHVKLIWOHYHOLQFOXGHVXSSHUFDVHOHWWHUVದ6SHFLDOFKDUDFWHUOHYHO1RWH7KHFKDUDFWHUEXWWRQEHWZHHQDQG?DSSHDUVRQO\ZKHQIROORZHGE\DVSDFH,IWKHFKDUDFWHULVIROORZHGE\DOHWWHUWKHQWKHUHVXOWZLOOEHDQDFFHQWVXFKDV£Ⴠ5HGXFHGVFUHHQNH\ERDUG3URFHGXUHIRUPRYLQJWKHVFUHHQNH\ERDUG3URFHHGDVIROORZV 7RXFKWKHLFRQ  :LWKRXWOLIWLQJ\RXUILQJHUPRYHWKHVFUHHQNH\ERDUGRQWKHWRXFKVFUHHQ :KHQWKHGHVLUHGSRVLWLRQLVUHDFKHGUHOHDVHWKHLFRQ REVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH&RQWURO3DQHO0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 3URFHGXUHIRUDGMXVWLQJWKHVL]HRIWKHVFUHHQNH\ERDUG1RWH7KH LFRQRQO\DSSHDUVRQWKHVFUHHQNH\ERDUGLILQWKH6LHPHQV+0,,QSXW3DQHOGLDORJ\RXKDYHVHOHFWHGWKH6KRZ5HVL]HEXWWRQFKHFNER[3URFHHGDVIROORZV 7RXFKWKHLFRQ  7RDGMXVWWKHVL]HRIWKHVFUHHQNH\ERDUGPDLQWDLQFRQWDFW :KHQWKHVL]H\RXZDQWLVUHDFKHGUHOHDVHFRQWDFWZLWKWKH LFRQ&KDQJLQJWKHGLVSOD\RIWKHVFUHHQNH\ERDUG.H\ )XQFWLRQ6ZLWFKLQJEHWZHHQWKHQXPHULFDODQGDOSKDQXPHULFDONH\ERDUG6ZLWFKLQJEHWZHHQWKHQRUPDOOHYHODQG6KLIWOHYHORIWKHDOSKDQXPHULFDOVFUHHQNH\ERDUG6ZLWFKRYHUWRVSHFLDOFKDUDFWHUV6ZLWFKLQJIURPIXOOGLVSOD\WRUHGXFHGGLVSOD\6ZLWFKLQJIURPUHGXFHGGLVSOD\WRIXOOGLVSOD\&ORVLQJRIUHGXFHGGLVSOD\RIWKHVFUHHQNH\ERDUG(QWHULQJGDWD.H\ )XQFWLRQ'HOHWHFKDUDFWHUOHIWRIFXUVRU'HOHWHFKDUDFWHUULJKWRIFXUVRU&RQILUPLQSXW&DQFHOLQSXWREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH &RQWURO3DQHO 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(2SHQLQJWKH:LQGRZV&(WDVNEDU<RXRSHQWKH:LQGRZV&(WDVNEDUZLWKWKH NH\ &RQILJXULQJRSHUDWLRQ &RQILJXULQJWKHVFUHHQNH\ERDUG<RXFDQXVHWKLVIXQFWLRQWRFKDQJHWKHOD\RXWDQGWKHSRVLWLRQRIWKHVFUHHQNH\ERDUG5HTXLUHPHQW<RXKDYHRSHQHGWKH6LHPHQV+0,,QSXW3DQHO2SWLRQVGLDORJZLWKWKH,QSXW3DQHOLFRQ཰ &KHFNER[IRUGLVSOD\LQJWKH EXWWRQLQWKHVFUHHQNH\ERDUGཱ %XWWRQIRUGLVSOD\LQJWKHVFUHHQNH\ERDUGི %XWWRQIRUVDYLQJWKHVFUHHQNH\ERDUGVHWWLQJV3URFHGXUH3URFHHGDVIROORZV ,I\RXZDQWWRFKDQJHWKHVL]HRIWKHVFUHHQNH\ERDUGVHOHFWWKH6KRZ5HVL]H%XWWRQFKHFNER[7KH EXWWRQLVGLVSOD\HGLQWKHVFUHHQNH\ERDUG\RXZDQWWRRSHQ ,I\RXZDQWWRSUHYHQWWKHVL]HRIWKHVFUHHQNH\ERDUGIURPEHLQJFKDQJHGFOHDUWKH6KRZ5HVL]H%XWWRQFKHFNER[7KH EXWWRQLVUHPRYHGIURPWKHVFUHHQNH\ERDUG\RXZDQWWRRSHQ <RXFDQXVHWKH2SHQ,QSXW3DQHOEXWWRQWRRSHQWKHVFUHHQNH\ERDUG ,I\RXZDQWWRVZLWFKEHWZHHQWKHQXPHULFDQGDOSKDQXPHULFVFUHHQNH\ERDUGSUHVVWKH NH\ ,I\RXZDQWWRFKDQJHWKHSRVLWLRQRIWKHVFUHHQNH\ERDUGXVHWKHPRXVHSRLQWHUWRVHOHFWDIUHHVSDFHEHWZHHQWKHNH\V5HOHDVHWKHPRXVHSRLQWHUZKHQWKHUHTXLUHGSRVLWLRQKDVEHHQUHDFKHGREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH&RQWURO3DQHO0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  ,I\RXZDQWWRLQFUHDVHRUGHFUHDVHWKHVL]HRIWKHNH\ERDUGVFUHHQSODFHWKHPRXVHSRLQWHURYHUWKH EXWWRQ &KDQJHWKHVL]HRIWKHVFUHHQNH\ERDUGE\GUDJJLQJLWZLWKWKHPRXVHSRLQWHU 5HOHDVHWKHPRXVHSRLQWHUZKHQWKHUHTXLUHGVL]HKDVEHHQUHDFKHG ,I\RXZDQWWRVDYHWKHVHWWLQJVSUHVV6DYH&RQILUP\RXUHQWULHV7KHGLDORJFORVHV7KHVFUHHQNH\ERDUGVHWWLQJVKDYHEHHQPRGLILHG &KDQJLQJGLVSOD\EULJKWQHVV<RXFDQXVHWKLVIXQFWLRQWRFKDQJHWKHEULJKWQHVVRIWKHGLVSOD\5HTXLUHPHQW<RXKDYHRSHQHGWKH'LVSOD\WDELQWKH233URSHUWLHVGLDORJXVLQJWKH23LFRQ3URFHGXUH3URFHHGDVIROORZV ,I\RXZDQWWRLQFUHDVHWKHEULJKWQHVVSUHVVWKH83EXWWRQ7KHEULJKWQHVVFKDQJHVLQVWHSVHDFKWLPH\RXSUHVVWKHNH\ ,I\RXZDQWWRGHFUHDVHWKHEULJKWQHVVSUHVVWKH'2:1EXWWRQ &RQILUP\RXUHQWULHV7KHGLDORJFORVHV5HVXOW7KHEULJKWQHVVRIWKHGLVSOD\KDVEHHQFKDQJHG 6HWWLQJWKHFKDUDFWHUUHSHDWUDWHRIWKHVFUHHQNH\ERDUG<RXFDQXVHWKLVIXQFWLRQWRVHWWKHFKDUDFWHUUHSHDWDQGDVVRFLDWHGGHOD\IRUWKHVFUHHQNH\ERDUGREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH &RQWURO3DQHO 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(5HTXLUHPHQW<RXKDYHRSHQHGWKH.H\ERDUG3URSHUWLHVGLDORJXVLQJWKH.H\ERDUGLFRQ཰ &KHFNER[IRUVHOHFWLQJWKHFKDUDFWHUUHSHDWཱ 6OLGHUFRQWURODQGEXWWRQVIRUWKHGHOD\WLPHEHIRUHFKDUDFWHUUHSHDWི 6OLGHUFRQWURODQGEXWWRQVIRUWKHUDWHRIWKHFKDUDFWHUUHSHDWཱི 7HVWER[3URFHGXUH3URFHHGDVIROORZV ,I\RXZDQWWRHQDEOHFKDUDFWHUUHSHWLWLRQVHOHFWWKH(QDEOHFKDUDFWHUUHSHDWFKHFNER[ ,I\RXZDQWWRFKDQJHWKHGHOD\SUHVVDEXWWRQRUWKHVOLGHULQWKH5HSHDWGHOD\JURXS0RYLQJWKHVOLGHUWRWKHULJKWZLOOVKRUWHQWKHGHOD\0RYLQJWRWKHOHIWZLOOH[WHQGWKHGHOD\ ,I\RXZDQWWRFKDQJHWKHUHSHDWUDWHSUHVVDEXWWRQRUWKHVOLGHULQWKH5HSHDWUDWHJURXS0RYLQJWKHVOLGHUWRWKHULJKWZLOODFFHOHUDWHWKHUHSHDWUDWH0RYLQJWRWKHOHIWZLOOVORZGRZQWKHUHSHDWUDWH &KHFNWKHVHWWLQJVIRUWKHWRXFKFRQWUROE\WRXFKLQJWKHWHVWILHOG7KHVFUHHQNH\ERDUGLVGLVSOD\HG 0RYHWKHVFUHHQNH\ERDUGDVQHHGHG 3UHVVDQDOSKDQXPHULFNH\DQGNHHSLWSUHVVHGGRZQ&KHFNWKHLPSOHPHQWDWLRQRIWKHFKDUDFWHUUHSHWLWLRQDQGWKHUDWHRIWKHFKDUDFWHUUHSHWLWLRQLQWKHWHVWER[ ,IWKHVHWWLQJVDUHQRWSHUIHFWFRUUHFWWKHP &RQILUP\RXUHQWULHV7KHGLDORJFORVHV7KHFKDUDFWHUUHSHWLWLRQDQGGHOD\DUHVHWREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH&RQWURO3DQHO0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  6HWWLQJWKHGRXEOHFOLFN<RXVWDUWDSSOLFDWLRQVLQWKH&RQWURO3DQHODQGLQ:LQGRZV&(ZLWKDGRXEOHFOLFN$GRXEOHFOLFNFRUUHVSRQGVWRWZREULHIWRXFKHV,QWKH0RXVH3URSHUWLHVGLDORJPDNHWKHIROORZLQJDGMXVWPHQWVIRURSHUDWLRQZLWKWKHWRXFKVFUHHQRUH[WHUQDOPRXVHჀ,QWHUYDOEHWZHHQWZRWRXFKFRQWDFWVRQWKHWRXFKVFUHHQჀ,QWHUYDOEHWZHHQWKHWZRFOLFNVRIDGRXEOHFOLFN5HTXLUHPHQW<RXKDYHRSHQHGWKH0RXVH3URSHUWLHVGLDORJXVLQJWKH0RXVHLFRQ཰ 3DWWHUQཱ ,FRQ3URFHGXUH3URFHHGDVIROORZV 'RXEOHFOLFNWKHSDWWHUQ$IWHUWKHGRXEOHFOLFNWKHJULGLVVKRZQLQLQYHUVHFRORUV:KLWHER[HVEHFRPHJUD\7KHWLPHIUDPHIRUWKHGRXEOHFOLFNLVVDYHG &KHFNWKHGRXEOHFOLFN3UHVVRQWKHLFRQWZLFHLQVXFFHVVLRQWRGRWKLV,IWKHGRXEOHFOLFNLVUHFRJQL]HGWKHLFRQLVGLVSOD\HGDVIROORZV ,IWKHVHWWLQJVDUHQRWSHUIHFWFRUUHFWWKHP7RGRWKLVUHSHDWVWHSVDQG &RQILUP\RXUHQWULHV7KHGLDORJFORVHV7KHGRXEOHFOLFNDGMXVWPHQWLVFRPSOHWHGREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH &RQWURO3DQHO 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( &DOLEUDWLQJWKHWRXFKVFUHHQ'HSHQGLQJRQWKHPRXQWLQJSRVLWLRQDQGYLHZLQJDQJOHSDUDOOD[PD\RFFXURQWKHWRXFKVFUHHQ7RSUHYHQWDQ\UHVXOWLQJRSHUDWLQJHUURUV\RXPD\QHHGWRFDOLEUDWHWKHWRXFKVFUHHQGXULQJWKHVWDUWXSSKDVHRUGXULQJUXQWLPH5HTXLUHPHQW<RXKDYHRSHQHGWKH7RXFKWDERIWKH233URSHUWLHVGLDORJXVLQJWKH23LFRQREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH&RQWURO3DQHO0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 3URFHGXUH3URFHHGDVIROORZV 3UHVV5HFDOLEUDWH7KHIROORZLQJGLDORJDSSHDUV&DUHIXOO\SUHVVDQGEULHIO\KROGVW\OXVRQWKHFHQWHURIWKHWDUJHW5HSHDWDVWKHWDUJHWPRYHVDURXQGWKHVFUHHQ&DOLEUDWLRQFURVVKDLUV %ULHIO\WRXFKWKHFHQWHURIWKHFDOLEUDWLRQFURVVKDLUV7KHFDOLEUDWLRQFURVVKDLUVDUHWKHQGLVSOD\HGDWIRXUPRUHSRVLWLRQV%ULHIO\WRXFKWKHPLGGOHRIWKHFDOLEUDWLRQFURVVKDLUVIRUHDFKSRVLWLRQ2QFH\RXKDYHWRXFKHGDOOWKHSRVLWLRQVRIWKHFDOLEUDWLRQFURVVKDLUVWKHIROORZLQJGLDORJDSSHDUVNew calibration settings have been measured.Tape the screen to register saved data.Wait for 30 seconds to cancel saved data and keep the current setting.Time limit: 30 sec 7RXFKWKHWRXFKVFUHHQ7KHFDOLEUDWLRQLVVDYHG7KH7RXFKWDELVGLVSOD\HGRQFHDJDLQLQWKH233URSHUWLHVGLDORJ,I\RXGRQRWWRXFKWKHWRXFKVFUHHQZLWKLQWKHWLPHVKRZQ\RXURULJLQDOVHWWLQJZLOOEHUHWDLQHG &ORVHWKHGLDORJ7KHWRXFKVFUHHQRIWKH+0,GHYLFHLVFDOLEUDWHGREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH &RQWURO3DQHO 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 6WDUWLQJWKH+0,GHYLFHDJDLQ<RXQHHGWRVWDUWWKH+0,GHYLFHDJDLQLQWKHIROORZLQJVLWXDWLRQVჀ<RXKDYHHQDEOHGRUGLVDEOHGWKH352),1(7,2GLUHFWNH\VದVHHVHFWLRQჀ<RXKDYHFKDQJHGWKHWLPH]RQHDQGDFWLYDWHGGD\OLJKWVDYLQJWLPHದVHHVHFWLRQ6HWWLQJWKHGDWHDQGWLPH3DJHჀ<RXKDYHHQDEOHGWKHVFUHHQVDYHUDJDLQದVHHVHFWLRQ1RWH$OOYRODWLOHGDWDDUHORVWZKHQWKH+0,GHYLFHLVVWDUWHGDJDLQ&KHFNWKHIROORZLQJx7KHSURMHFWRQWKH+0,GHYLFHLVFRPSOHWHx1RGDWDLVEHLQJZULWWHQWRWKHIODVKPHPRU\5HTXLUHPHQWჀ<RXKDYHRSHQHGWKH'HYLFHWDELQWKH233URSHUWLHVGLDORJXVLQJWKH23LFRQჀ,I\RXZDQWWRUHVWRUHWKHIDFWRU\VHWWLQJ7KH+0,GHYLFHLVFRQQHFWHGWRDFRQILJXUDWLRQ3&YLD352),1(7REVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH(QWHULQJDQGGHOHWLQJDSDVVZRUG0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 3URFHGXUH3URFHHGDVIROORZV ,I\RXZDQWWRUHVWDUWWKH+0,GHYLFHSUHVV5HERRW7KHIROORZLQJPHVVDJHLVGLVSOD\HG཰ ,I\RXUXQWKLVIXQFWLRQDOOGDWDZKLFKKDVQRWEHHQEDFNHGXSZLOOEHORVW3OHDVHFORVHDOODSSOLFDWLRQVEHIRUHUHVWDUWLQJཱ %XWWRQIRUUHVWDUWི %XWWRQIRUUHVWRULQJIDFWRU\VHWWLQJVDQGVXEVHTXHQWUHVWDUW 3UHVVRQHRIWKHEXWWRQVჀ,I\RXZDQWWRUHVWDUWWKH+0,GHYLFHSUHVV5HERRW7KH+0,GHYLFHUHVWDUWVZLWKRXWGHOD\Ⴠ,I\RXZDQWWRUHVWRUHWKHIDFWRU\VHWWLQJVRQWKH+0,GHYLFHDQGWKHQUHVWDUWSUHVV3UHSDUHIRU5HVHW<RXDUHJLYHQWKHRSWLRQRIUHVWRULQJWKHIDFWRU\VHWWLQJVRQWKH+0,GHYLFHXVLQJ3UR6DYH7KH+0,GHYLFHWKHQUHVWDUWVჀ,I\RXGRQRWZDQWWRUHVWDUWWKH+0,GHYLFHSUHVV1R7KHPHVVDJHFORVHV7KHUHZLOOEHQRUHVWDUW (QWHULQJDQGGHOHWLQJDSDVVZRUG<RXFDQXVHWKLVIXQFWLRQWRVHWDQGUHPRYHSDVVZRUGSURWHFWLRQ7KHSDVVZRUGSURWHFWLRQLVEDVHGRQWKHDFFHVVWRWKH&RQWURO3DQHODQG:LQGRZV&(WDVNEDU5HTXLUHPHQW<RXKDYHRSHQHGWKH3DVVZRUG3URSHUWLHVGLDORJXVLQJWKH3DVVZRUGLFRQENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH (QWHULQJDQGGHOHWLQJDSDVVZRUG 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(127,&(.HHSLQJWKHSDVVZRUG,IWKHSDVVZRUGLVQRORQJHUDYDLODEOH\RXKDYHQRDFFHVVWRWKH&RQWURO3DQHODQGWKH:LQGRZV&(WDVNEDU%DFNXSSDVVZRUGWRSURWHFWLWDJDLQVWORVV3URFHGXUHIRUFRQILJXULQJDSDVVZRUG1RWH7KHIROORZLQJFKDUDFWHUVDUHSURKLELWHGLQSDVVZRUGVx%ODQNx7KHWZRVSHFLDOFKDUDFWHUV3URFHHGDVIROORZV (QWHUDSDVVZRUGLQWKH3DVVZRUGWH[WER[ 5HSHDWWKHSDVVZRUGHQWU\LQWKH&RQILUPSDVVZRUGWH[WER[ &RQILUP\RXUHQWULHV7KHGLDORJFORVHV5HVXOW<RXFDQQRWRSHQWKH&RQWURO3DQHORU:LQGRZV&(WDVNEDUZLWKRXWHQWHULQJDSDVVZRUG6HFXUH0RGHLVHQDEOHG3URFHGXUHIRUUHPRYLQJDSDVVZRUG3URFHHGDVIROORZV 'HOHWHWKHLQIRUPDWLRQLQWKH3DVVZRUGDQG&RQILUPSDVVZRUGWH[WER[HV &RQILUP\RXUGHOHWLRQV7KHGLDORJFORVHV5HVXOW3DVVZRUGSURWHFWLRQIRUWKH&RQWURO3DQHODQG:LQGRZV&(WDVNEDUKDVEHHQUHPRYHG7KHUHLVQRRSHQDFFHVVWRWKH&RQWURO3DQHODQG:LQGRZV&(WDVNEDU6HFXUH0RGHLVGLVDEOHGREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH&RQILJXULQJWKH:/$1FRQQHFWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  &RQILJXULQJWKH:/$1FRQQHFWLRQ6LPLODUWRDQDFFHVVSRLQW\RXFRQILJXUHWKH:/$1SDUDPHWHUVRIWKH+0,GHYLFHLQ:HE%DVHG0DQDJHPHQW<RXKDYHWKHIROORZLQJRSWLRQVIRUFRQILJXUDWLRQჀ6HWWLQJWKHSDUDPHWHUVIRU:/$1FRPPXQLFDWLRQXVLQJZL]DUGVჀ$GYDQFHGVHWWLQJVIRUDOOSDUDPHWHUVLQWKH6\VWHP,QWHUIDFHV6HFXULW\DQG,)HDWXUHVPHQXV7KLVVHFWLRQGHVFULEHVჀ6HWWLQJWKH:/$1SDUDPHWHUVXVLQJZL]DUGVჀ6HWWLQJWKHL3&)0&SDUDPHWHUVIRUUDSLGURDPLQJLQWKH,)HDWXUHVPHQXRI:HE%DVHG0DQDJHPHQW<RXFDQILQGDIXOOGHVFULSWLRQRIDOODGYDQFHGVHWWLQJVZLWKDOO:/$1SDUDPHWHUVLQ6&$/$1&(:FRQILJXUDWLRQPDQXDOKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ1RWH6HWWKHSDUDPHWHUVIRUDOODFFHVVSRLQWVWKDWFRPPXQLFDWHZLWKWKH+0,GHYLFHEHIRUH\RXEHJLQFRQILJXUDWLRQRIWKH:/$1FRQQHFWLRQRIWKH+0,GHYLFHREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH &RQILJXULQJWKH:/$1FRQQHFWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(%XWWRQVLQ:HE%DVHG0DQDJHPHQW7KHIROORZLQJEXWWRQVDUHSURYLGHGLQ:HE%DVHG0DQDJHPHQWRIWKH+0,GHYLFHWRIDFLOLWDWHGDWDLQSXWჀ%URZVHUEXWWRQV%XWWRQ )XQFWLRQLQ:HE%DVHG0DQDJHPHQW2QHSDJHEDFN2QHSDJHIRUZDUG6WRSORDGLQJSDJH5HIUHVKSDJH*RWRKRPHSDJH2SHQVFUHHQNH\ERDUGIRUGDWDLQSXW&ORVH:HE%DVHG0DQDJHPHQWჀ%XWWRQVWRGLVSOD\DQGKLGHWKHPHQXWUHH,FRQ )XQFWLRQ+LGLQJWKHPHQXWUHH'LVSOD\LQJWKHPHQXWUHH:KHQ\RXVWDUWRQHRIWKHZL]DUGVLQWKHPHQXWUHHWKHPHQXWUHHZLOODXWRPDWLFDOO\EHPLQLPL]HGREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH&RQILJXULQJWKH:/$1FRQQHFWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 5HTXLUHPHQW<RXKDYHRSHQHGWKH$XWKRUL]DWLRQGLDORJXVLQJWKH:/$16HWWLQJVLFRQ3URFHGXUH3URFHHGDVIROORZV ,I\RXZDQWWRFKDQJHVHWWLQJVRIWKH:/$1GHYLFHVHOHFWWKH$GPLQHQWU\LQWKH8VHUQDPHVHOHFWLRQER[,I\RXVHOHFWWKH8VHUHQWU\\RXRQO\KDYHUHDGDFFHVVWRWKHFRQILJXUDWLRQGDWDRIWKH:/$1GHYLFH(QWHU\RXUSDVVZRUG,IQRSDVVZRUGLVVHWWKHGHIDXOWSDVVZRUGVRIWKHIDFWRU\VWDWHZLOOEHLQHIIHFWದ,I\RXKDYHVHOHFWHG$GPLQHQWHUDGPLQದ,I\RXKDYHVHOHFWHG8VHUHQWHUXVHU 3UHVV/RJ2Q/RJRQVWDUWV1RWH7KHSDVVZRUGIRUWKHDGPLQXVHULVGLIIHUHQWIRUWKH86YHUVLRQRIWKH:/$1GHYLFH<RXFDQREWDLQWKHUHTXLUHGSDVVZRUGIURPWKH6LHPHQVVXSSRUWSHUVRQQHOREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH &RQILJXULQJWKH:/$1FRQQHFWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( $IWHULQLWLDOORJRQDV$GPLQFKDQJHWKHSDVVZRUGIRUWKHDGPLQLVWUDWRUXQGHU6\VWHP!3DVVZRUGV7KHSDVVZRUGPD\FRQVLVWRIXSWRFKDUDFWHUV7KH$6&,,FRGH[WR[HLVXVHGIRUFUHDWLQJSDVVZRUGV7KHIROORZLQJFKDUDFWHUVDUHVXSSRUWHGದ1XPEHUVWRದ/HWWHUVDEFGHIJKLMNOPQRSTUVWXYZ[\]$%&'()*+,-./0123456789:;<=ದ7KHVSHFLDOFKDUDFWHUV !"#>?@ABC^_`aDQGWKHVSDFHFKDUDFWHU $SSO\WKHVHWWLQJVZLWKWKH6HW9DOXHEXWWRQREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH&RQILJXULQJWKH:/$1FRQQHFWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  6HOHFW:L]DUGV!%DVLF0DNHWKHIROORZLQJVHWWLQJVLQWKH%DVLF:L]DUG*RWRWKHQH[WWH[WZLQGRZXVLQJWKH1H[WEXWWRQದ6HOHFWLRQOLVW&RXQWU\&RGH6HOHFWWKHFRXQWU\LQZKLFK\RXDUHRSHUDWLQJWKH+0,GHYLFH7KHFRUUHVSRQGLQJFKDQQHODOORFDWLRQDQGVHWWLQJIRUSRZHUOHYHOLVDXWRPDWLF127,&(&RXQWU\FRGH7KHFRXQWU\VHWWLQJLVUHTXLUHGIRURSHUDWLRQFRPSO\LQJZLWKWKHDSSURYDOV6HOHFWLQJDFRXQWU\WKDWGRHVQRWPDWFKWKHFRXQWU\LQZKLFKWKH+0,GHYLFHLVEHLQJXVHGFDQKDYHFULPLQDOFRQVHTXHQFHV7KHQDWLRQDODSSURYDOVIRUWKH+0,GHYLFHDUHOLVWHGRQWKHEDFNRIWKHGHYLFHDQGLQWKHSURGXFWLQIRUPDWLRQIRU:LUHOHVV7HDFK3HQGDQW),:/$1LQWKH,QWHUQHW8QGHU&RXQWU\FRGHVHOHFWWKHFRXQWU\LQZKLFK\RXDUHRSHUDWLQJWKH+0,GHYLFHದ&RQQHFWWRDQ\66,'FKHFNER[,IWKLVER[LVFKHFNHGWKH+0,GHYLFHFRQQHFWVWRWKHDFFHVVSRLQWZKLFKSURYLGHVWKHEHVWSRVVLEOHGDWDWUDQVIHUDQGWRZKLFKDFRQQHFWLRQLVSHUPLWWHGEDVHGRQWKHVHFXULW\VHWWLQJVVSHFLILHGXQGHU6HFXULW\ದ66,'WH[WER[(QWHUWKHQDPHRIWKHQHWZRUNLQWKLVWH[WER[7KHQHWZRUNQDPHPXVWPDWFKWKHQHWZRUNQDPHWKDWLVHQWHUHGLQWKHFRQILJXUDWLRQRIDFFHVVSRLQWVZLWKZKLFKWKH+0,GHYLFHFRPPXQLFDWHV1RWH7KH+0,GHYLFHDOORZVWKHXVHRIDOOFKDUDFWHUVH[FHSWWKHSHUFHQWVLJQIRUWKH66,')RUUHDVRQVRIFRPSDWLELOLW\GRQRWXVHODQJXDJHVSHFLILFFKDUDFWHUVVXFKDV*HUPDQXPODXWVRUVSHFLDOFKDUDFWHUV7KHFKDUDFWHUVWULQJIRUWKH66,'PD\QRWFRQWDLQPRUHWKDQFKDUDFWHUVREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH &RQILJXULQJWKH:/$1FRQQHFWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(ದ6HOHFWLRQOLVW:LUHOHVVPRGH8VHWKHWUDQVIHUSURFHGXUHZKLFKLVVHWLQWKHFRQILJXUDWLRQRIDFFHVVSRLQWVZLWKZKLFKWKH+0,GHYLFHFRPPXQLFDWHVದ2XWGRRU&OLHQWPRGHFKHFNER[<RXFDQXVHWKH+0,GHYLFHWRRSHUDWHLQHLWKHULQGRRURURXWGRRUPRGH,QLQGRRUPRGHDOOQDWLRQDOO\DSSURYHGFKDQQHOVDQGSRZHUOHYHOVIRURSHUDWLRQLQDEXLOGLQJDUHDYDLODEOH,QRXWGRRUPRGHWKHVHOHFWLRQRIFRXQWU\VSHFLILFFKDQQHOVDQGSRZHUOHYHOVIRURSHUDWLRQRXWGRRUVLVUHVWULFWHG6HOHFWWKH2XWGRRU&OLHQWPRGHFKHFNER[LI\RXZDQWWRRSHUDWHWKH+0,GHYLFHRXWGRRUV 3UHVV)LQLVK7KHVHWWLQJVLQWKH%DVLF:L]DUGDUHVDYHG 6HOHFW:L]DUGV!6HFXULW\7KH6HFXULW\:L]DUGHQDEOHV\RXWRVHWVHFXULW\UHODWHGSDUDPHWHUVZLWKRXWGHWDLOHGNQRZOHGJHRIVHFXULW\WHFKQRORJLHVLQZLUHOHVVQHWZRUNV1RWH7KH+0,GHYLFHFDQEHRSHUDWHGZLWKRXWFRQILJXUDWLRQRIVHFXULW\UHODWHGSDUDPHWHUV'HSHQGLQJRQWKHSURSHUWLHVRI\RXUQHWZRUNWKLVZLOOLQFUHDVHWKHULVNRIXQDXWKRUL]HGDFFHVV7KHUHIRUHJRWKURXJKHYHU\SDJHRIWKH6HFXULW\:L]DUGWRHQDEOHWKHEDVLFVHFXULW\IHDWXUHVREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH&RQILJXULQJWKH:/$1FRQQHFWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( ,QWKH6HFXULW\:L]DUGDSSO\WKHIROORZLQJVHWWLQJVIURPWKHFRQILJXUDWLRQRIDFFHVVSRLQWVZLWKZKLFKWKH+0,GHYLFHFRPPXQLFDWHVದ6HOHFWWKHVHFXULW\OHYHOIRUWKH:/$1IURPWKH6HFXULW\OHYHOVHOHFWLRQOLVW)RULQIRUPDWLRQDERXWWKHLQGLYLGXDOVHFXULW\OHYHOVUHIHUWRದ6HOHFWWKHHQFU\SWLRQPHWKRGIURPWKH&LSKHUVHOHFWLRQOLVW7KHHQFU\SWLRQSURWHFWVWKHGDWDWREHWUDQVIHUUHGIURPLQWHUFHSWLRQDQGPDQLSXODWLRQ<RXFDQGLVDEOHHQFU\SWLRQLQWKH(QFU\SWLRQRSWLRQER[RQO\LI\RXKDYHVHOHFWHG2SHQ6\VWHPIRUDXWKHQWLFDWLRQLQWKH%DVLF:/$1PHQX$OORWKHUVHFXULW\SURFHGXUHVLQFOXGHERWKDXWKHQWLFDWLRQDQGHQFU\SWLRQದ,I\RXKDYHVHOHFWHGDVHFXULW\OHYHOWKDWUHTXLUHVDNH\VSHFLI\WKHLQLWLDOL]DWLRQNH\LQWKH3DVVSKUDVHWH[WER[*RWRWKHQH[WLQSXWZLQGRZXVLQJWKH1H[WEXWWRQ 3UHVV)LQLVK7KHVHWWLQJVLQWKH6HFXULW\:L]DUGDUHVDYHG ,I\RXZDQWWRRSHUDWHWKH+0,GHYLFHLQWKHL3&)PRGHLQGXVWULDO3RLQW&RRUGLQDWLRQ)XQFWLRQVHOHFW:L]DUGV!L3&)*RGLUHFWO\WR6WHSLI\RXLQWHQGWRRSHUDWHWKH+0,GHYLFHLQL3&)0&PRGHL3&)DQGL3&)0&DUHPXWXDOO\LQFRPSDWLEOHDQGFDQQRWEHXVHGVLPXOWDQHRXVO\IRUDQ+0,GHYLFHREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH &RQILJXULQJWKH:/$1FRQQHFWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(6HWWKHSDUDPHWHUVUHTXLUHGIRUL3&)LQWKHL3&):L]DUG8VHWKHUHVSHFWLYHSDUDPHWHUVWRLPSURYHURDPLQJWLPHVDQGUHGXFHWKHLQWHUIHUHQFHIURPRWKHUV\VWHPVRUVHJPHQWVದ%DFNJURXQGVFDQFKVHOHFWFKHFNER[7KH%DFNJURXQGVFDQFKVHOHFWFKHFNER[OLPLWVWKHQXPEHURIFKDQQHOVWKH+0,GHYLFHVFDQVWRILQGDQDFFHVVSRLQW7KHUHVXOWLVIDVWHUKDQGRYHUWLPHVDQGUHGXFHGULVNRIDUHDOWLPHYLRODWLRQ,I\RXKDYHHQDEOHGWKH%DFNJURXQGVFDQFKVHOHFWRSWLRQ\RXKDYHWRVSHFLI\WKHFKDQQHOVZLWKDFFHVVSRLQWVZLWKLQUDQJHWKDWDUHLQL3&)PRGHLQWKHIROORZLQJ%DFNJURXQGVFDQFKDQQHOVWH[WER[,I\RXGRQRWGHILQHWKHFKDQQHOVWKH+0,GHYLFHZLOOKDYHWRSHUIRUPDWLPHFRQVXPLQJVFDQRIWKHHQWLUHEDQGದ%DFNJURXQGVFDQFKDQQHOVWH[WER[+HUH\RXVSHFLI\WKHFKDQQHOVLQZKLFKWKHUHDUHDFWXDOO\DFFHVVSRLQWVLQL3&)PRGHZLWKLQWKHUDQJHRIWKH+0,GHYLFH,I\RXVSHFLI\VHYHUDOFKDQQHOVWKHLQGLYLGXDOHQWULHVKDYHWREHVHSDUDWHGE\VSDFHVದ6HOHFWLRQOLVW7UDQVPLWSRZHU:KHQXVLQJDQWHQQDVLWPD\EHQHFHVVDU\WRUHGXFHWKHWUDQVPLVVLRQSRZHUVRDVQRWWRH[FHHGWKHPD[LPXPVWDWXWRU\SRZHURUWRUHVWULFWWKHYLVLELOLW\RIWKHUDGLRILHOG,IQHFHVVDU\VHOHFWWKHOHYHORIUHGXFHGWUDQVPLVVLRQSRZHUKHUH$UHGXFWLRQLQWKHWUDQVPLVVLRQSRZHUPD\DOVREHQHFHVVDU\WRDYRLGLQWHUIHUHQFHRIRWKHUUDGLRFHOOVEHFDXVHDORZHUSRZHUOHYHOZLOOUHVXOWLQDVPDOOHUFHOOದ6HOHFWLRQOLVW6HFXULW\OHYHO8VHWKLVILHOGWRVHOHFWWKHUHTXLUHGOHYHORIVHFXULW\IRU\RXUZLUHOHVVQHWZRUN7KHVHFXULW\OHYHOPXVWPDWFKWKHVHWWLQJRIDQDFFHVVSRLQWLQL3&)PRGHZLWKZKLFKWKH+0,GHYLFHFRPPXQLFDWHV<RXKDYHWKHIROORZLQJRSWLRQVჀ1RQH1R(QFU\SWLRQ$QRSHQV\VWHPZLWKRXWHQFU\SWLRQჀ0HGLXP(QFU\SWLRQ6WDWLFNH\VDUHXVHG7KLVLVWKHUHFRPPHQGHGVHWWLQJZKHUHE\\RXVKRXOGXVHDELWNH\*RWRWKHQH[WWH[WZLQGRZXVLQJWKH1H[WEXWWRQ3UHVV)LQLVK7KHL3&):L]DUGFORVHV<RXQHHGWRUHVWDUWWKH:/$1FRQQHFWLRQWRDSSO\WKHVHWWLQJVVHHVWHSREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH&RQILJXULQJWKH:/$1FRQQHFWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( ,I\RXZDQWWRRSHUDWHWKH+0,GHYLFHLQWKHL3&)0&PRGHLQGXVWULDO3RLQW&RRUGLQDWLRQ)XQFWLRQZLWK0DQDJHPHQW&KDQQHOIRUUDSLGURDPLQJVHOHFW,)HDWXUHV!L3&)0&L3&)ZDVGHYHORSHGWRDFKLHYHIDVWKDQGRYHUWLPHVZKHQPRYLQJEHWZHHQUDGLRFHOOV+RZHYHUL3&)DFKLHYHVRSWLPXPSHUIRUPDQFHRQO\ZLWK5&RD[FDEOHV7KHL3&)0&SURFHGXUHSURYLGHVIDVWKDQGRYHUWLPHVHYHQIRUIUHHO\PRELOHFOLHQWVDQGQXPHURXVFHOOVRUZKHQDODUJHQXPEHURIFKDQQHOVLVXVHGL3&)DQGL3&)0&DUHLQFRPSDWLEOHDQGFDQQRWEHXVHGVLPXOWDQHRXVO\IRUDQ+0,GHYLFH0DNHWKHIROORZLQJVHWWLQJVLQWKHL3&)0&PHQXದ6HOHFWWKHL3&)0&HQDEOHGFKHFNER[ದ6HOHFWWKH6WURQJ$(6&&0FKHFNER[LI\RXZDQWWRXVH6WURQJ$(6&&0HQFU\SWLRQ7KH$(6&&0HQFU\SWLRQPHWKRGLVRQO\SRVVLEOHLQL3&)PRGH0DNHVXUHWKDWDELW:(3NH\LVGHILQHGZLWKWKH6HFXULW\!.H\VPHQXFRPPDQG$IWHU\RXKDYHVHOHFWHGWKH6WURQJ$(6&&0HQFU\SWLRQFKHFNER[WKHGLVSOD\FKDQJHVWRELW$(6LQWKH6HFXULW\!.H\VPHQXFRPPDQG7KHGHYLFHXVHV$(6&&0ದ(QWHUDYDOXHIRU%DFNJURXQGVFDQLQWHUYDO7KLVSDUDPHWHUGHWHUPLQHVWKHWLPHEHWZHHQWZREDFNJURXQGVFDQVRIWKH+0,GHYLFH7KHVHWWLQJLVPDGHLQL3&)F\FOHV)RUH[DPSOHLI\RXVHOHFWWZRWKHFOLHQWSHUIRUPVDEDFNJURXQGVFDQRQO\HYHU\VHFRQGL3&)F\FOH$VPDOOYDOXHIRUWKHEDFNJURXQGVFDQLQWHUYDOLVWKHEDVLVIRUIDVWURDPLQJ+RZHYHUKLJKWKURXJKSXWFDQQRWEHDFKLHYHGZLWKWKLVVHWWLQJ$KLJKYDOXHVKRXOGEHVHOHFWHGIRUKLJKHUGDWDWKURXJKSXW$SSO\WKHVHWWLQJVZLWKWKH6HW9DOXHVEXWWRQREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH &RQILJXULQJWKH:/$1FRQQHFWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(6HOHFW6\VWHP!5HVWDUW<RXFDQXVHWKH5HVWDUW:/$1LQWHUIDFHWRDSSO\FKDQJHVOLQNIRUTXLFNQDYLJDWLRQWRWKLVPHQXFRPPDQG3UHVV5HVWDUW:/$17KHUHVWDUWRIWKH:/$1LQWHUIDFHLVSHUIRUPHG1RWH7KH5HVWRUH)DFWRU\'HIDXOWVDQG5HVWDUW:/$1EXWWRQUHVHWVDOOSDUDPHWHUVRIWKH:/$1LQWHUIDFHWRWKHLUIDFWRU\VWDWH7KH:/$1LQWHUIDFHLVWKHQUHVWDUWHG&ORVH:HE%DVHG0DQDJHPHQWZLWKWKH([LWEXWWRQ5HVXOW7KH:/$1FRQQHFWLRQZDVFRQILJXUHG:KHQWKHFRQILJXUDWLRQRIWKHDFFHVVSRLQWVDQGZLUHOHVV+0,GHYLFHPDWFKWKHZLUHOHVVFRQQHFWLRQLVVXFFHVVIXOO\HVWDEOLVKHG7KH0$&DGGUHVVRIWKH+0,GHYLFHLVUHJLVWHUHGLQWKHDFFHVVSRLQWXQGHUWKHPHQXFRPPDQG,QIRUP!:LUHOHVV!&OLHQW/LVWREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH*HQHUDOFRQILJXUDWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  *HQHUDOFRQILJXUDWLRQ 6HWWLQJWKHGDWHDQGWLPH,QWURGXFWLRQ<RXFDQXVHWKLVIXQFWLRQWRVHWWKHGDWHDQGWLPH7KH+0,GHYLFHKDVDQLQWHUQDOEXIIHUHGFORFN5HTXLUHPHQW<RXKDYHRSHQHGWKH'DWH7LPH3URSHUWLHVGLDORJXVLQJWKH'DWH7LPH3URSHUWLHVLFRQ཰ 7LPH]RQHVHOHFWLRQER[ཱ 7H[WER[IRUWKHWLPHི 'DWHVHOHFWLRQER[ཱི :KHQWKHFKHFNER[LVVHOHFWHGWKHGLVSOD\HGWLPHLVGD\OLJKWVDYLQJWLPHུ %XWWRQIRUDSSO\LQJFKDQJHV3URFHGXUH3URFHHGDVIROORZV 6HOHFWWKHDSSURSULDWHWLPH]RQHIRUWKH+0,GHYLFHIURPWKH7LPH=RQHVHOHFWLRQER[ 7RXFKWKH$SSO\EXWWRQWRFRQILUP\RXUHQWU\7KHWLPHRIGD\VKRZQLQWKH&XUUHQW7LPHER[LVDGMXVWHGFRUUHVSRQGLQJO\WRWKHVHOHFWHGWLPH]RQH 6HWWKHGDWHLQWKHVHOHFWLRQER[ 6HWWKHFXUUHQWWLPHRIGD\LQWKH&XUUHQW7LPHWH[WER[REVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH *HQHUDOFRQILJXUDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 7RXFKWKH$SSO\EXWWRQWRFRQILUP\RXULQSXW7KHYDOXHV\RXKDYHVHWDUHQRZLQHIIHFW1RWH7KHV\VWHPGRHVQRWDXWRPDWLFDOO\VZLWFKEHWZHHQZLQWHUDQGVXPPHUWLPH ,I\RXZDQWWRVZLWFKIURPZLQWHUWRVXPPHUWLPHVHOHFWWKH'D\OLJKWVDYLQJVWLPHFXUUHQWO\LQHIIHFWFKHFNER[:KHQ\RXSUHVVWKH$SSO\EXWWRQWKHWLPHLVEURXJKWIRUZDUGE\RQHKRXU ,I\RXZDQWWRVZLWFKIURPVXPPHUWRZLQWHUWLPHFOHDUWKH'D\OLJKWVDYLQJVWLPHFXUUHQWO\LQHIIHFWFKHFNER[:KHQ\RXSUHVVWKH$SSO\EXWWRQWKHWLPHLVPRYHGEDFNZDUGVE\RQHKRXU &RQILUP\RXUHQWULHV7KHGLDORJFORVHV5HVXOW7KHVHWWLQJVIRUWKHGDWDDQGWLPHRIGD\KDYHQRZEHHQFKDQJHG7KH+0,GHYLFHPXVWEHUHVWDUWHGDIWHUFKDQJHVLQWKHIROORZLQJFDVHVჀ<RXKDYHFKDQJHGWKHWLPH]RQHVHWWLQJჀ<RXKDYHFKDQJHGWKH'D\OLJKWVDYLQJVWLPHFXUUHQWO\LQHIIHFWFKHFNER[VHWWLQJ6HHVHFWLRQ6WDUWLQJWKH+0,GHYLFHDJDLQ3DJH6\QFKURQL]LQJWKHGDWHDQGWLPHZLWKWKH3/&7KHGDWHDQGWLPHRIWKH+0,GHYLFHFDQEHV\QFKURQL]HGZLWKWKH3/&LIWKLVKDVEHHQFRQILJXUHGLQWKHSURMHFWDQGWKH3/&SURJUDP$GGLWLRQDOLQIRUPDWLRQRQWKLVVXEMHFWLVDYDLODEOHLQWKH:LQ&&IOH[LEOHV\VWHPPDQXDO127,&(6\QFKURQL]LQJWKHGDWHDQGWLPH,IWKHGDWDDQGWLPHLVQRWV\QFKURQL]HGDQGWLPHEDVHGUHDFWLRQVDUHWULJJHUHGE\WKH+0,GHYLFHPDOIXQFWLRQVLQWKH3/&PD\RFFXU6\QFKURQL]HWKHGDWHDQGWLPHLIWLPHEDVHGUHDFWLRQVDUHWULJJHUHGLQWKHRSHQORRSFRQWURO %DFNLQJXSUHJLVWU\LQIRUPDWLRQDQGWHPSRUDU\GDWD<RXFDQLQVWDOODQGUHPRYH\RXURZQSURJUDPVRQWKH+0,GHYLFHVXQGHU:LQGRZV&(<RXQHHGWREDFNXSWKHUHJLVWU\VHWWLQJVWRIODVKPHPRU\DIWHULQVWDOODWLRQRUUHPRYDO<RXFDQDOVRVDYHWKHGDWDLQWKHPHPRU\EXIIHUWRIODVKPHPRU\REVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH*HQHUDOFRQILJXUDWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 5HTXLUHPHQW<RXKDYHRSHQHGWKH3HUVLVWHQW6WRUDJHWDELQWKH233URSHUWLHVGLDORJXVLQJWKH23LFRQ཰ %DFNVXSWKHFXUUHQWUHJLVWU\LQIRUPDWLRQWRWKHIODVKPHPRU\7KH+0,GHYLFHORDGVWKHVDYHGUHJLVWU\LQIRUPDWLRQWKHQH[WWLPHLWERRWVཱ %XWWRQIRUVDYLQJUHJLVWU\LQIRUPDWLRQི %XWWRQIRUVDYLQJWHPSRUDU\ILOHVཱི %DFNVXSDOOWKHILOHVLQWHPSRUDU\VWRUDJHWRWKHIODVKPHPRU\IRUH[DPSOHIURPWKH3URJUDP)LOHVGLUHFWRU\7KHVHILOHVDUHZULWWHQEDFNZKHQWKH+0,GHYLFHLVVWDUWHG7KH?7HPSGLUHFWRU\LVQRWVDYHGུ $XWRPDWLFDOO\UHSDLUVWKHILOHV\VWHPHUURUVRQWKHPHPRU\FDUGZKHQWKH+0,GHYLFHVWDUWVXSDQGZKHQDPHPRU\FDUGLVLQVHUWHG3URFHGXUH3URFHHGDVIROORZV ,I\RXZDQWWKHILOHV\VWHPHUURUVWREHUHSDLUHGDXWRPDWLFDOO\VHOHFWWKH$XWRPDWLFDOO\UHSDLUILOHV\VWHPHUURUVFKHFNER[,IWKHFKHFNER[LVFOHDUHGWKHILOHV\VWHPZLOORQO\EHUHSDLUHGDIWHUSURPSWLQJ &OLFNWKHQHFHVVDU\EXWWRQV &RQILUP\RXUHQWULHV7KHGLDORJFORVHV5HVXOW$WWKHQH[WVWDUWXSWKH+0,GHYLFHZLOOXVHWKHUHJLVWU\HQWULHVDQGWHPSRUDU\ILOHVDQGWKHVSHFLILFDWLRQVWKH\FRQWDLQREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH *HQHUDOFRQILJXUDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 'LVSOD\LQJLQIRUPDWLRQDERXWWKH+0,GHYLFH<RXFDQXVHWKLVIXQFWLRQWRGLVSOD\GHYLFHVSHFLILFLQIRUPDWLRQ<RXZLOOQHHGWKLVLQIRUPDWLRQLI\RXFRQWDFW7HFKQLFDO6XSSRUWKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::OOLVDSLGOO"DNWSULP ODQJ HQUHIHUHU I::IIXQF FVOLEFVLQIRVLWHLG FVLXVH[WUDQHW VWDQGDUGYLHZUHJ ::5HTXLUHPHQW<RXKDYHRSHQHGWKH'HYLFHWDELQWKH233URSHUWLHVGLDORJXVLQJWKH23LFRQ཰ +0,GHYLFHQDPHཱ 9HUVLRQRIWKH+0,GHYLFHLPDJHི 9HUVLRQRIWKHERRWORDGHUཱི %RRWORDGHUUHOHDVHGDWHུ 6L]HRIWKHLQWHUQDOIODVKPHPRU\LQZKLFKWKH+0,GHYLFHLPDJHDQGSURMHFWDUHVWRUHGཱུ 0$&DGGUHVVRIWKH+0,GHYLFHྲྀ 6HHVHFWLRQ6WDUWLQJWKH+0,GHYLFHDJDLQ3DJH1RWH7KHVL]HRIWKHLQWHUQDOIODVKPHPRU\GRHVQRWFRUUHVSRQGWRWKHDYDLODEOHZRUNLQJPHPRU\IRUDSURMHFW 'LVSOD\LQJWKHFKDUJHVWDWXVRIWKHEDWWHULHV<RXFDQXVHWKLVIXQFWLRQWRVKRZWKHFKDUJHDQGWHPSHUDWXUHRIWKHPDLQUHFKDUJHDEOHEDWWHU\DQGWKHEXIIHUEDWWHU\7KHFKDUJHOHYHOLVRQO\VKRZQLIEDWWHULHVDUHLQVHUWHGRUFRQQHFWHGREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH*HQHUDOFRQILJXUDWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 5HTXLUHPHQWჀ7KHPDLQUHFKDUJHDEOHEDWWHU\LVLQVWDOOHGჀ7KHEULGJHEDWWHU\LVFRQQHFWHGჀ<RXKDYHRSHQHGWKH%DWWHU\WDELQWKH233URSHUWLHVGLDORJXVLQJWKH23LFRQ཰ &KDUJHOHYHORIWKHPDLQUHFKDUJHDEOHEDWWHU\ཱ 7HPSHUDWXUHRIWKHPDLQUHFKDUJHDEOHEDWWHU\ི &KDUJHOHYHORIWKHEULGJHEDWWHU\ཱི 7HPSHUDWXUHRIWKHEULGJHEDWWHU\ུ %XWWRQWRXSGDWHWKHGLVSOD\3URFHGXUH,I\RXZDQWWRUHIUHVKWKHGLVSOD\SUHVVWKH8SGDWHEXWWRQ6HHDOVR/('GLVSOD\3DJH $FWLYDWLQJYLEUDWLRQDODUP,QWURGXFWLRQ<RXFDQDFWLYDWHDYLEUDWLRQDODUPIRUWKH+0,GHYLFH7KHYLEUDWLRQDODUPZLOOEHWULJJHUHGLQWKHFXUUHQWSURMHFWXQGHUWKHIROORZLQJFLUFXPVWDQFHVჀ<RXOHDYHWKHHIIHFWLYHUDQJHZLWKWKH+0,GHYLFHZLWKRXWORJJLQJWKH+0,GHYLFHRIIIURPWKHHIIHFWLYHUDQJHჀ<RXOHDYHWKHSURWHFWLRQ]RQHZLWKWKH+0,GHYLFHZLWKRXWORJJLQJWKH+0,GHYLFHRIIIURPWKHSURWHFWLRQ]RQHჀ7KHFKDUJHVWDWXVRIWKHPDLQEDWWHU\LVORZREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH *HQHUDOFRQILJXUDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(5HTXLUHPHQW<RXKDYHRSHQHGWKHGLDORJ233URSHUWLHVGLDORJER[9LEUDWLRQ$ODUPWDEE\WRXFKLQJWKH23LFRQ3URFHGXUH3URFHHGDVIROORZV 6HOHFWWKH(QDEOH9LEUDWLRQ$ODUPFKHFNER[ &RQILUP\RXUHQWULHV7KHGLDORJFORVHV5HVXOW7KHYLEUDWLRQDODUPLVDFWLYDWHG &RQILJXULQJWKHSULQWHUFRQQHFWLRQ<RXFDQSULQWKDUGFRSLHVDQGUHSRUWVRQDQHWZRUNSULQWHU/LQHSULQWLQJRIDODUPVLVQRWSRVVLEOHRQDQHWZRUNSULQWHU7KHOLVWRIFXUUHQWSULQWHUVDQGUHTXLUHGVHWWLQJVIRUWKH+0,GHYLFHLVDYDLODEOHLQWKH,QWHUQHWXQGHU3ULQWHUVDSSURYHGIRU6,0$7,&3DQHOVDQG0XOWL3DQHOVKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ5HTXLUHPHQW<RXKDYHRSHQHGWKH3ULQWHU3URSHUWLHVGLDORJER[XVLQJWKH3ULQWHULFRQREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH*HQHUDOFRQILJXUDWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( ཰ 6HOHFWLRQER[GIRUWKHSULQWHUཱ ,QWHUIDFHVHOHFWLRQER[ི 1HWZRUNDGGUHVVRIWKHSULQWHUཱི 3DSHUIRUPDWVHOHFWLRQER[ུ 2ULHQWDWLRQJURXSZLWKUDGLREXWWRQVIRUSULQWRULHQWDWLRQཱུ 3ULQWTXDOLW\FKHFNER[ྲྀ &RORUSULQWLQJFKHFNER[3URFHGXUH3URFHHGDVIROORZV 6HOHFWDSULQWHUIURPWKH3ULQWHU/DQJXDJHVHOHFWLRQER[ ,QWKH3RUWVHOHFWLRQER[VHOHFWWKH1HWZRUNLQWHUIDFH ,QWKH1HWZRUNWH[WER[HQWHUWKHQHWZRUNDGGUHVVRIWKHSULQWHU 6HOHFWWKHSDSHUIRUPDWIURPWKH3DSHU6L]HVHOHFWLRQER[ 6HOHFWWKHUHTXLUHGRSWLRQEXWWRQLQWKH2ULHQWDWLRQJURXSದ3RUWUDLWIRUSRUWUDLWದ/DQGVFDSHIRUODQGVFDSH 6HOHFWWKHSULQWTXDOLW\ದ6HOHFWWKH'UDIW0RGHFKHFNER[LI\RXZLVKWRSULQWLQGUDIWPRGHದ&OHDUWKH'UDIW0RGHFKHFNER[LI\RXZLVKWRSULQWZLWKKLJKHUTXDOLW\ ,IWKHVHOHFWHGSULQWHUFDQSULQWLQFRORUVHOHFWWKH&RORUFKHFNER[ &RQILUP\RXUHQWULHV7KHGLDORJFORVHV5HVXOW7KHVHWWLQJVIRUWKHSULQWHUKDYHQRZEHHQFKDQJHGREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH *HQHUDOFRQILJXUDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 5HJLRQDODQGODQJXDJHVHWWLQJV,QIRUPDWLRQVXFKDVWKHGDWHWLPHDQGGHFLPDOSRLQWVDUHGLVSOD\HGGLIIHUHQWO\LQGLIIHUHQWFRXQWULHV<RXFDQDGDSWWKHGLVSOD\IRUPDWWRPHHWWKHUHTXLUHPHQWVRIYDULRXVUHJLRQV7KHFRXQWU\VSHFLILFVHWWLQJVDSSO\WRWKHFXUUHQWSURMHFW,IWKHSURMHFWODQJXDJHLVFKDQJHGWKHFRXQWU\VSHFLILFVHWWLQJVDUHDOVRFKDQJHG5HTXLUHPHQW<RXKDYHRSHQHGWKH5HJLRQDO6HWWLQJVWDELQWKH5HJLRQDODQG/DQJXDJH6HWWLQJVGLDORJER[XVLQJWKH5HJLRQDO6HWWLQJVLFRQ3URFHGXUH3URFHHGDVIROORZV 6HOHFWWKHUHJLRQIURPWKHVHOHFWLRQER[཰ 1DYLJDWHWRWKH1XPEHU&XUUHQF\7LPHDQG'DWHWDEVRQHDIWHUWKHRWKHU 6HWWKHUHTXLUHGUHJLRQDOVHWWLQJVLQWKHVHOHFWLRQILHOGRIWKHVHWDEV &RQILUP\RXUHQWULHV7KHGLDORJFORVHV5HVXOW7KHUHTXLUHGUHJLRQDOVHWWLQJVIRUWKH+0,GHYLFHKDYHEHHQFKDQJHG 6HWWLQJWKHVFUHHQVDYHU3RZHUPDQDJHPHQWVHWWLQJVLQWKH:LQ&&IOH[LEOHSURMHFW7RVDYHSRZHUWKH+0,GHYLFHKDVDSRZHUPDQDJHPHQWIXQFWLRQZLWKWKHIROORZLQJVWDWHVჀ3RZHU6DYHჀ3RZHU6DYH7KHUHOHYDQWWLPHLQWHUYDOVDUHVHWLQWKH:LQ&&IOH[LEOHSURMHFW3RZHUPDQDJHPHQWLVDXWRPDWLFDOO\DFWLYDWHGLIWKH+0,GHYLFHLVQRWRSHUDWHGZLWKLQWKHVSHFLILHGSHULRGRIWLPHREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH*HQHUDOFRQILJXUDWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( <RXFDQFOHDUWKH3RZHU6DYHVWDWHE\SUHVVLQJWKHWRXFKVFUHHQ<RXFDQFOHDUWKH3RZHU6DYHVWDWHE\EULHIO\SUHVVLQJWKH212))EXWWRQ6HWWLQJVLQWKH&RQWURO3DQHO,QDGGLWLRQWRWKHVHWWLQJVLQWKH:LQ&&IOH[LEOHSURMHFW\RXFDQVHWWKHIROORZLQJWLPHSHULRGVLQWKH&RQWURO3DQHOჀ)RUWKHDXWRPDWLFDFWLYDWLRQRIWKHVFUHHQVDYHUჀ)RUWKHDXWRPDWLFUHGXFWLRQLQWKHGLVSOD\VEDFNOLJKWLQJ7KHVFUHHQVDYHUDQGEDFNOLJKWLQJDUHDXWRPDWLFDOO\DFWLYDWHGLIWKHGLVSOD\LVQRWWRXFKHGZLWKLQWKHVSHFLILHGSHULRGRIWLPH7KHVFUHHQVDYHUVZLWFKHVRIIZLWKWKHIROORZLQJHYHQWVჀ%\WRXFKLQJWKHWRXFKVFUHHQ7KHUHGXFWLRQRIWKHEDFNOLJKWLQJLVDOVRFDQFHOHG7KHIXQFWLRQDVVLJQHGWRWKHEXWWRQLVQRWWULJJHUHGLQWKLVFDVH127,&(5HGXFLQJEDFNOLJKWLQJ7KHEULJKWQHVVRIWKHEDFNOLJKWLQJGHFUHDVHVLQFUHPHQWDOO\GXULQJLWVRSHUDWLRQDOOLIH<RXFDQDFWLYDWHEDFNOLJKWLQJUHGXFWLRQWRQRWVKRUWHQWKHVHUYLFHOLIHRIWKHEDFNOLJKWLQJXQQHFHVVDULO\$FWLYDWLQJWKHVFUHHQVDYHU7KHGLVSOD\FRQWHQWVWKDWGRQRWFKDQJHIRUORQJSHULRGVFDQUHPDLQGLPO\YLVLEOHLQWKHEDFNJURXQG7KLVHIIHFWLVUHYHUVLEOHKRZHYHU$FWLYDWHWKHVFUHHQVDYHU:KHQWKHVFUHHQVDYHULVDFWLYHWKHEDFNOLJKWLQJLVDOVRUHGXFHG5HTXLUHPHQW<RXKDYHRSHQHGWKH6FUHHQVDYHUGLDORJXVLQJWKH6FUHHQ6DYHULFRQ཰ 7LPHLQWHUYDOLQPLQXWHVXQWLOEDFNOLJKWLQJLVUHGXFHGཱ 3HULRGRIWLPHLQPLQXWHVEHIRUHWKHVFUHHQVDYHULVDFWLYDWHGི 2SWLRQEXWWRQVIRUWKHVFUHHQVDYHUREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH *HQHUDOFRQILJXUDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(3URFHGXUH3URFHHGDVIROORZV (QWHUWKHLQWHUYDOLQPLQXWHVDIWHUZKLFKWKHEDFNOLJKWLQJLVWREHUHGXFHG:LWKUHGXFHGEDFNOLJKWLQJWKH+0,GHYLFHRSHUDWHVLQWKH3RZHU6DYHPRGH1RWH,IDWLPHLVVHWIRUDFWLYDWLQJ3RZHU6DYHPRGHWKHVHWWLQJLQ&RQWURO3DQHOLVRQO\HIIHFWLYHZKHQWKHFRQILJXUHGWLPHLVVKRUWHUWKDQWKHWLPHVHWLQWKHSURMHFWIRU3RZHU6DYHPRGH7KHYDOXHLQWKH&RQWURO3DQHOPHDQVದ,IDWLPHIRUDFWLYDWLRQRI3RZHU6DYHPRGHLVVSHFLILHGLQWKHSURMHFWWKLVWLPHSHULRGZLOOEHDSSOLHGದ,IQRWLPHLVVSHFLILHGLQWKHSURMHFWIRUDFWLYDWLRQRI3RZHU6DYHPRGHUHGXFHGEDFNOLJKWLQJZLOOEHGLVDEOHG (QWHUWKHQXPEHURIPLQXWHVEHIRUHWKHVFUHHQVDYHULVWREHDFWLYDWHG7KHPLQLPXPWLPHLVPLQXWHVDQGWKHPD[LPXPWLPHLVPLQXWHV(QWHULQJGLVDEOHVWKHVFUHHQVDYHU 6HOHFWWKHW\SHRIVFUHHQVDYHUದ8VHWKH6WDQGDUGRSWLRQWRHQDEOHWKHGHIDXOWVFUHHQVDYHUIRU:LQGRZV&(ದ8VHWKH%ODQN6FUHHQRSWLRQWRHQDEOHDQHPSW\VFUHHQDVWKHVFUHHQVDYHU &RQILUP\RXUHQWULHV7KHGLDORJFORVHV5HVXOW7KHVFUHHQVDYHUDQGWKHUHGXFHGEDFNOLJKWLQJIRUWKH+0,GHYLFHLVVHW<RXQHHGWRUHVWDUWWKH+0,GHYLFHDIWHU\RXKDYHUHVHWWKHVFUHHQVDYHU7KHVHOHFWLRQRIWKHVFUHHQVDYHUWDNHVHIIHFWIROORZLQJDUHVWDUW 'LVSOD\LQJJHQHUDOV\VWHPSURSHUWLHV8VHWKLVIXQFWLRQWRGLVSOD\WKHJHQHUDOV\VWHPLQIRUPDWLRQUHODWLQJWRWKHRSHUDWLQJV\VWHPSURFHVVRUDQGPHPRU\REVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH*HQHUDOFRQILJXUDWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 5HTXLUHPHQW<RXKDYHRSHQHGWKH*HQHUDOWDELQWKH6\VWHP3URSHUWLHVGLDORJER[XVLQJWKH6\VWHPLFRQ཰ ,QIRUPDWLRQRQWKHYHUVLRQDQGFRS\ULJKWRI0LFURVRIW:LQGRZV&(ཱ 'HWDLOVRQSURFHVVRUDQGVL]HRILQWHUQDO)ODVKPHPRU\7KHGLVSOD\HGGDWDUHODWHVWRWKHVSHFLILFGHYLFH7KHLQIRUPDWLRQཱPD\WKHUHIRUHGHYLDWHIURPWKLV+0,GHYLFH 'LVSOD\LQJPHPRU\GLVWULEXWLRQ<RXFDQXVHWKLVIXQFWLRQWRGLVSOD\WKHDOORFDWLRQDQGWKHUHE\WKHVL]HRIWKHLQGLYLGXDOPHPRU\DUHDVRQWKH+0,GHYLFH5HTXLUHPHQW<RXKDYHRSHQHGWKH0HPRU\WDELQWKH6\VWHP3URSHUWLHVGLDORJXVLQJWKH6\VWHPLFRQ཰ &DFKHPHPRU\DYDLODEOHDQGXVHGཱ 5$0DYDLODEOHDQGXVHGREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH *HQHUDOFRQILJXUDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(127,&(0DOIXQFWLRQSRVVLEOH,I\RXFKDQJHWKHDOORFDWLRQRIWKHPHPRU\PDOIXQFWLRQVPD\RFFXU'RQRWFKDQJHWKHPHPRU\DOORFDWLRQLQWKH0HPRU\WDE:KHQXVLQJ:LQ&&IOH[LEOHRSWLRQVDFKDQJHWRWKHPHPRU\DOORFDWLRQFDQEHUHTXLUHG)RUDGGLWLRQDOLQIRUPDWLRQUHIHUWRWKHRQOLQHKHOSRI:LQ&&IOH[LEOH 6HWWLQJWKHORFDWLRQRIWKHSURMHFW7KHUHDUHYDULRXVVWRUDJHORFDWLRQVDYDLODEOHIRUVWRULQJWKHFRPSUHVVHGVRXUFHILOHRI\RXUSURMHFW7KHIROORZLQJGHVFULEHVKRZ\RXFDQVHWWKHVWRUDJHORFDWLRQ5HTXLUHPHQW<RXKDYHRSHQHGWKH'LUHFWRULHVWDELQWKH7UDQVIHU6HWWLQJVGLDORJER[XVLQJWKH7UDQVIHULFRQ཰ 'LUHFWRU\ZKHUHWKHSURMHFWILOHLVVDYHGཱ 'LUHFWRU\ZKHUHWKHFRPSUHVVHGVRXUFHILOHRI\RXUSURMHFWLVVDYHGི 6WRUDJHORFDWLRQDQGLQLWLDOL]DWLRQILOHRIWKH+0,GHYLFHIRUSURFHVVRSHUDWLRQ127,&(3URMHFWGRHVQRWVWDUW,I\RXFKDQJHWKHHQWU\LQWKH3URMHFW)LOHDQG3DWKWH[WER[HVWKHSURMHFWPD\QRWRSHQWKHQH[WWLPHWKH+0,GHYLFHVWDUWV'RQRWFKDQJHWKHHQWULHVLQWKH3URMHFW)LOHDQG3DWKWH[WER[HVREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH*HQHUDOFRQILJXUDWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 3URFHGXUH3URFHHGDVIROORZV 6HOHFWDPHPRU\ORFDWLRQIURPWKH3URMHFW%DFNXSWH[WER[7KHVWRUDJHORFDWLRQFDQEHDPHPRU\FDUGRUDORFDWLRQLQWKHORFDOQHWZRUN'XULQJWKHQH[WEDFNXSSURFHVVWKHSURMHFWVVRXUFHILOHLVVWRUHGLQWKHVSHFLILHGORFDWLRQ &RQILUP\RXUHQWULHV7KHGLDORJFORVHV5HVXOW7KHVWRUDJHORFDWLRQIRUWKH+0,GHYLFHLVQRZVHW 6HWWLQJWKHGHOD\WLPHIRUWKHSURMHFW<RXFDQXVHWKLVIXQFWLRQWRVHWDGHOD\WLPH7KHGHOD\WLPHGHWHUPLQHVKRZORQJWKHORDGHUDSSHDUVDIWHUWKH+0,GHYLFHVWDUWVDQGEHIRUHWKHSURMHFWRSHQV5HTXLUHPHQW<RXKDYHRSHQHGWKH'LUHFWRULHVWDELQWKH7UDQVIHU6HWWLQJVGLDORJER[XVLQJWKH7UDQVIHULFRQ127,&(3URMHFWGRHVQRWVWDUW,I\RXFKDQJHWKHHQWU\LQWKH3URMHFW)LOHDQG3DWKWH[WER[HVWKHSURMHFWPD\QRWRSHQWKHQH[WWLPHWKH+0,GHYLFHVWDUWV'RQRWFKDQJHWKHHQWULHVLQWKH3URMHFW)LOHDQG3DWKWH[WER[HVREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH (QDEOLQJ352),1(7,2 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(3URFHGXUH3URFHHGDVIROORZV 6HOHFWWKHGHVLUHGGHOD\WLPHLQVHFRQGVIURPWKH:DLW>VHF@VHOHFWLRQER[7KHSURMHFWVWDUWVLPPHGLDWHO\ZLWKWKHYDOXH1RWH7RODXQFKWKH/RDGHUDIWHUWKHSURMHFWRSHQVDQRSHUDWRUFRQWUROPXVWEHFRQILJXUHGLQWKHSURMHFWZLWKWKH&ORVHSURMHFWIXQFWLRQ &RQILUP\RXUHQWULHV7KHGLDORJFORVHV5HVXOW7KHGHOD\WLPHIRUWKH+0,GHYLFHLVQRZVHW (QDEOLQJ352),1(7,27KH+0,GHYLFHFRPPXQLFDWHVZLWKWKH3/&YLD(WKHUQHW352),1(7,2PXVWEHHQDEOHGVRWKDW\RXFDQXVHWKHIROORZLQJIXQFWLRQVჀ)DLOVDIHRSHUDWLRQZLWK(0(5*(1&<6723EXWWRQDQGHQDEOLQJEXWWRQჀ8VHRI352),1(7,2GLUHFWNH\V5HTXLUHPHQW<RXKDYHRSHQHGWKH352),1(7GLDORJXVLQJWKH352),1(7LFRQ཰ (QDEOLQJRUGLVDEOLQJWKH352),1(7,2GLUHFWNH\Vཱ 7H[WER[IRUWKHGHYLFHQDPHི 0$&DGGUHVVRIWKH+0,GHYLFHREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH6HWWLQJWKH352),VDIHDGGUHVV0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 3URFHGXUH3URFHHGDVIROORZV 6HOHFWWKH352),1(7,2HQDEOHGFKHFNER[ (QWHUWKHGHYLFHQDPHRIWKH+0,GHYLFH127,&('HYLFHQDPHPXVWPDWFKWKH+:&RQILJ,IWKHGHYLFHQDPHGRHVQRWPDWFKWKHGHYLFHQDPHHQWHUHGLQWKH+:&RQILJRI67(3WKHSURMHFWRSHQVEXWWKHUHZLOOEHQR352),VDIHFRQQHFWLRQ8VHWKHGHYLFHQDPHIURPWKH+:&RQILJRI67(37KHGHYLFHQDPHPXVWEHXQLTXHDQGVDWLVI\WKH'16FRQYHQWLRQVZLWKLQWKHORFDOQHWZRUN7KHVHLQFOXGHჀ5HVWULFWLRQWRFKDUDFWHUVLQWRWDOOHWWHUVGLJLWVK\SKHQRUSRLQWჀ$QDPHFRPSRQHQWZLWKLQWKHGHYLFHQDPHHJDVWULQJEHWZHHQWZRSRLQWVPD\QRWH[FHHGFKDUDFWHUVჀ6SHFLDOFKDUDFWHUVVXFKDVXPODXWVEUDFNHWVXQGHUVFRUHVVODVKHVVSDFHVHWFDUHQRWSHUPLWWHG7KHK\SKHQLVWKHRQHH[FHSWLRQჀ7KHGHYLFHQDPHPXVWQRWVWDUWRUHQGZLWKWKHFKDUDFWHUჀ7KHGHYLFHQDPHPXVWQRWWDNHWKHIRUPQQQQQ WRჀ7KHGHYLFHQDPHPXVWQRWVWDUWZLWKWKHFKDUDFWHUVWULQJSRUW[\][\] WR &RQILUP\RXUHQWULHV7KHGLDORJFORVHV 5HVWDUWWKH+0,GHYLFHದVHHVHFWLRQ6WDUWLQJWKH+0,GHYLFHDJDLQ3DJH5HVXOW352),1(7,2LVHQDEOHG6HHDOVR'LUHFWNH\V3DJH 6HWWLQJWKH352),VDIHDGGUHVV7KH352),VDIHSURWRFROLVXVHGWRVHQGVDIHW\PHVVDJHIUDPHVEHWZHHQWKH+0,GHYLFHDQGWKH)&387KLVPHDQVHDFKVWDWLRQLQWKH352),VDIHFRPPXQLFDWLRQPXVWEHDVVLJQHGDXQLTXH352),VDIHDGGUHVV$WWKHVWDUWRIWKHSURMHFWWKH+0,GHYLFHLVDXWRPDWLFDOO\LQWHJUDWHGLQWRWKHVDIHW\SURJUDP7KH6$)(/('OLJKWVXSWRLQGLFDWHWKDWLQWHJUDWLRQLVFRPSOHWH<RXFDQHQWHUWKH352),VDIHDGGUHVVDWWKHIROORZLQJORFDWLRQVREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH 6HWWLQJWKH352),VDIHDGGUHVV 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(Ⴠ,QWKH+0,GHYLFH&RQWURO3DQHOჀ,QWKH:LQ&&IOH[LEOHSURMHFW/RDGLQJWKH352),VDIHDGGUHVV127,&(8QLTXH352),VDIHDGGUHVVUHTXLUHG,ID352),VDIHDGGUHVVLVQRWXQLTXH\RXPD\H[SHULHQFHPDOIXQFWLRQV$VVLJQD352),VDIHDGGUHVVWRWKH+0,GHYLFHWKDWLVXQLTXHZLWKLQWKHFRUUHVSRQGLQJORFDOQHWZRUNVHJPHQW,QWHJUDWLRQLQ352),VDIHFRPPXQLFDWLRQLVQRWSRVVLEOH7KHIROORZLQJ352),VDIHDGGUHVVHVPXVWPDWFKWRHQVXUHWKDWWKH+0,GHYLFHFDQEHLQWHJUDWHGLQ352),VDIHFRPPXQLFDWLRQx7KH352),VDIHDGGUHVVVHWLQ+:&RQILJE\67(3x7KH352),VDIHDGGUHVVVHWLQWKH352),VDIHGLDORJ7KH352),VDIHDGGUHVVWKDWWKH+0,GHYLFHORDGVGHSHQGVRQWKHFRQILJXUDWLRQLQWKH&RQWURO3DQHOჀ$YDOLG352),VDIHDGGUHVVLVHQWHUHGLQWKH&RQWURO3DQHO7KH+0,GHYLFHWKHQORDGVWKHUHJLVWHUHG352),VDIHDGGUHVV7KH352),VDIHDGGUHVVRIDSURMHFWLVQRWORDGHGჀ7KHLQYDOLG352),VDIHDGGUHVVLVHQWHUHGLQWKH&RQWURO3DQHO7KH+0,GHYLFHORDGVWKH352),VDIHDGGUHVVVHWLQWKHSURMHFW1RWH7KHGHIDXOW352),VDIHDGGUHVVIRUWKH+0,GHYLFHLV5HTXLUHPHQW<RXKDYHRSHQHGWKH352),VDIHGLDORJXVLQJWKH352),VDIHLFRQREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH3URJUDPPLQJWKHGDWDFKDQQHO0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 3URFHGXUH3URFHHGDVIROORZV ,I\RXZDQWWKH+0,GHYLFHWRORDGWKH352),VDIHDGGUHVVRIWKH&RQWURO3DQHOHQWHUDYDOXHIURPWRLQWKH$GGUHVVWH[WER[ ,I\RXZDQWWKH+0,GHYLFHWRORDGWKH352),VDIHDGGUHVVRIWKHSURMHFWHQWHUWKHYDOXHLQWKH$GGUHVVWH[WER[7KHDGGUHVVREWDLQHGIURPWKHSURMHFWZLOOQRWEHGLVSOD\HGLQWKHGLDORJ5HVXOW7KH352),VDIHDGGUHVVLVVHW 3URJUDPPLQJWKHGDWDFKDQQHO<RXFDQXVHWKLVIXQFWLRQWRFRQILJXUHWKHWUDQVIHUPRGH$SURMHFWFDQRQO\EHWUDQVIHUUHGIURPWKHFRQILJXUDWLRQ3&WRWKH+0,GHYLFHZKHQDWOHDVWRQHGDWDFKDQQHOLVFRQILJXUHGDQGHQDEOHGRQWKH+0,GHYLFH,I\RXEORFNDOOGDWDFKDQQHOVWKH+0,GHYLFHLVSURWHFWHGDJDLQVWXQLQWHQWLRQDORYHUZULWLQJRIWKHSURMHFWGDWDDQG+0,GHYLFHLPDJH5HTXLUHPHQW7KH&KDQQHOWDELQWKH7UDQVIHU6HWWLQJVGLDORJKDVEHHQRSHQHGZLWKWKH7UDQVIHU6HWWLQJVLFRQ཰ *URXSIRUGDWDFKDQQHO7KHGDWDFKDQQHOLVQRWDYDLODEOHZLWK:LUHOHVV7HDFK3HQGDQW),:/$1ཱ *URXSIRUGDWDFKDQQHOི %XWWRQIRUWKH1HWZRUNDQG'LDO8S&RQQHFWLRQVGLDORJREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH 3URJUDPPLQJWKHGDWDFKDQQHO 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(1RWH,I\RXFKDQJHWKHWUDQVIHUVHWWLQJVGXULQJ7UDQVIHUWKHQHZVHWWLQJVRQO\JRLQWRHIIHFWWKHQH[WWLPHWKHWUDQVIHUIXQFWLRQLVVWDUWHG7KLVPD\RFFXULIWKH&RQWURO3DQHOLVRSHQHGWRFKDQJHWKHWUDQVIHUSURSHUWLHVLQDQDFWLYHSURMHFW3URFHGXUH3URFHHGDVIROORZV 6HOHFWWKH(QDEOH&KDQQHOFKHFNER[LQWKH&KDQQHOJURXSWRHQDEOHWKHGDWDFKDQQHO 6HOHFWWKHLQWHUIDFHIRUWKHGDWDFKDQQHOIURPWKHVHOHFWLRQOLVW (QWHUIXUWKHUSDUDPHWHUVLIUHTXLUHGದ$SSOLHVWR(7+(51(7<RXFDQXVHWKH$GYDQFHGEXWWRQWRRSHQWKHVHWWLQJVIRUDGGUHVVLQJWKH+0,GHYLFH<RXFDQILQGWKHUHTXLUHGLQIRUPDWLRQLQWKHVHFWLRQ6SHFLI\LQJWKH,3DGGUHVVDQGQDPHVHUYHU3DJHದ$SSOLHVWR86%1RLQIRUPDWLRQLVQHHGHGIRU86% &RQILUP\RXUHQWULHV7KHGLDORJFORVHV5HVXOW7KHGDWDFKDQQHOLVFRQILJXUHGENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH&RQILJXULQJQHWZRUNRSHUDWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  &RQILJXULQJQHWZRUNRSHUDWLRQ 2YHUYLHZ<RXFDQXVHWKLVIXQFWLRQWRFRQILJXUHWKH+0,GHYLFHIRUGDWDFRPPXQLFDWLRQLQD352),1(7QHWZRUNYLDWKH(WKHUQHWSRUW1RWH7KH+0,GHYLFHFDQRQO\EHXVHGLQ352),1(7QHWZRUNV7KH+0,GHYLFHKDVFOLHQWIXQFWLRQDOLW\LQWKHORFDOQHWZRUN7KLVPHDQVWKDWXVHUVFDQDFFHVVILOHVRIDQRGHZLWK7&3,3VHUYHUIXQFWLRQDOLW\IURPWKH+0,GHYLFHYLDWKHORFDOQHWZRUN+RZHYHU\RXFDQQRWDFFHVVGDWDRQWKH+0,GHYLFHIURPD3&YLDWKHORFDOQHWZRUNIRUH[DPSOH,QIRUPDWLRQRQFRPPXQLFDWLRQXVLQJ6,0$7,&6YLD352),1(7LVSURYLGHGLQWKHIROORZLQJPDQXDO8VHUPDQXDO:LQ&&IOH[LEOH&RPPXQLFDWLRQ3DUWKWWSVXSSRUWDXWRPDWLRQVLHPHQVFRP::YLHZHQ7KHFRQQHFWLRQWRDORFDOQHWZRUNRIIHUVWKHIROORZLQJRSWLRQVIRUH[DPSOHჀ([SRUWLQJRULPSRUWLQJRIUHFLSHGDWDUHFRUGVRQRUIURPDVHUYHUჀ6WRULQJDODUPDQGGDWDORJVჀ7UDQVIHUULQJDSURMHFWჀ3ULQWLQJYLDWKHORFDOQHWZRUNჀ%DFNLQJXSGDWD$GGUHVVLQJFRPSXWHUV&RPSXWHUVDUHXVXDOO\DGGUHVVHGXVLQJFRPSXWHUQDPHVZLWKLQD352),1(7QHWZRUN7KHVHFRPSXWHUQDPHVDUHWUDQVODWHGIURPD'16RU:,16VHUYHUWR7&3,3DGGUHVVHV7KLVLVZK\D'16RU:,16VHUYHULVQHHGHGIRUDGGUHVVLQJYLDFRPSXWHUQDPHVZKHQWKH+0,GHYLFHLVLQD352),1(7QHWZRUN7KHFRUUHVSRQGLQJVHUYHUVDUHJHQHUDOO\DYDLODEOHLQ352),1(7QHWZRUNV1RWH7KHXVHRI7&3,3DGGUHVVHVWRDGGUHVV3&VLVQRWVXSSRUWHGE\WKHRSHUDWLQJV\VWHP&RQWDFW\RXUQHWZRUNDGPLQLVWUDWRUIRUPRUHLQIRUPDWLRQ'HWHUPLQHWKHIROORZLQJSDUDPHWHUVჀ'RHVWKHORFDOQHWZRUNXVH'+&3IRUG\QDPLFDVVLJQPHQWRIDGGUHVVHV",IQRWJHWD7&3,3DGGUHVVIRUWKH+0,GHYLFHჀ:KLFK7&3,3DGGUHVVGRHVWKHGHIDXOWJDWHZD\KDYH"Ⴠ,ID'16QHWZRUNLVXVHGZKDWLVWKHDGGUHVVRIWKHQDPHVHUYHU"Ⴠ,ID:,16QHWZRUNLVXVHGZKDWLVWKHDGGUHVVRIWKHQDPHVHUYHU"REVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH &RQILJXULQJQHWZRUNRSHUDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(&RQILJXUDWLRQLQFOXGHVჀ6SHFLI\LQJWKHFRPSXWHUQDPHRIWKH+0,GHYLFHჀ6SHFLI\LQJWKH,3DGGUHVVDQGQDPHVHUYHUჀ6SHFLI\LQJWKHORJRQGDWDჀ&RQILJXULQJHPDLO7KHFRQILJXUDWLRQZRUNLVGHVFULEHGLQWKHIROORZLQJVHFWLRQV 6SHFLI\LQJWKHFRPSXWHUQDPHRIWKH+0,GHYLFH<RXFDQXVHWKLVIXQFWLRQWRDVVLJQDFRPSXWHUQDPHWRWKH+0,GHYLFH7KHFRPSXWHUQDPHLVXVHGWRLGHQWLI\WKH+0,GHYLFHLQWKHORFDOQHWZRUN5HTXLUHPHQW<RXKDYHRSHQHGWKH'HYLFH1DPHWDELQWKH6\VWHP3URSHUWLHVGLDORJER[XVLQJWKH6\VWHPLFRQ཰ &RPSXWHUQDPHRIWKH+0,GHYLFHཱ 'HVFULSWLRQIRUWKH+0,GHYLFHRSWLRQDO127,&(&RPSXWHUQDPHPXVWEHXQLTXH&RPPXQLFDWLRQHUURUVPD\RFFXULQWKHORFDOQHWZRUNLI\RXDVVLJQDFRPSXWHUQDPHPRUHWKDQRQFH(QWHUDXQLTXHFRPSXWHUQDPHLQWKH'HYLFHQDPHWH[WER[REVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH&RQILJXULQJQHWZRUNRSHUDWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 3URFHGXUH3URFHHGDVIROORZV (QWHUWKHFRPSXWHUQDPHIRUWKH+0,GHYLFHLQWKH'HYLFHQDPHWH[WER[(QWHUWKHQDPHZLWKRXWVSDFHV ,IQHFHVVDU\HQWHUDGHVFULSWLRQIRUWKH+0,GHYLFHLQWKH'HYLFHGHVFULSWLRQWH[WER[ &RQILUP\RXUHQWULHV7KHGLDORJFORVHV5HVXOW7KHFRPSXWHUQDPHIRUWKH+0,GHYLFHLVQRZVHW 6SHFLI\LQJWKH,3DGGUHVVDQGQDPHVHUYHU<RXFDQXVHWKLVIXQFWLRQWRPDNHWKHVHWWLQJVIRUDGGUHVVLQJWKH+0,GHYLFHLQWKHORFDOQHWZRUN$VN\RXUQHWZRUNDGPLQLVWUDWRUIRUWKHUHTXLUHGLQIRUPDWLRQ5HTXLUHPHQW<RXKDYHRSHQHGWKHIROORZLQJGLVSOD\XVLQJWKH1HWZRUN'LDO8S&RQQHFWLRQVLFRQ3URFHGXUH3URFHHGDVIROORZV 3UHVVWKH:/$1LFRQ7KH:/$16HWWLQJVGLDORJLVGLVSOD\HG ,I\RXQHHGDXWRPDWLFDGGUHVVDVVLJQPHQWVHOHFWWKH2EWDLQDQ,3DGGUHVVYLD'+&3UDGLREXWWRQREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH &RQILJXULQJQHWZRUNRSHUDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( ,I\RXQHHGPDQXDODGGUHVVDVVLJQPHQWVHOHFWWKH6SHFLI\DQ,3DGGUHVVUDGLREXWWRQ127,&(,3DGGUHVVPXVWEHXQLTXH$QDGGUHVVFRQIOLFWZLOORFFXULIPRUHWKDQRQHGHYLFHLVDVVLJQHGWKHVDPH,3DGGUHVVLQWKHORFDOQHWZRUN$VVLJQDXQLTXH,3DGGUHVVWRHDFK+0,GHYLFHLQWKHORFDOQHWZRUN5HVHUYHG,3DGGUHVVHV7KHIROORZLQJ,3DGGUHVVHVDUHUHVHUYHGIRULQWHUQDOFRPPXQLFDWLRQZLWKWKH:/$1PRGXOHxx'RQRWXVHWKHVHUHVHUYHG,3DGGUHVVHV ,I\RXKDYHVHOHFWHGPDQXDODGGUHVVDVVLJQPHQWHQWHUWKHFRUUHVSRQGLQJDGGUHVVHVLQWKH,3$GGUHVV6XEQHW0DVNWH[WER[HVDQGLIQHFHVVDU\LQ'HIDXOW*DWHZD\ ,IDQDPHVHUYHULVXVHGLQWKHORFDOQHWZRUNRSHQWKH1DPH6HUYHUVWDE (QWHUWKHUHVSHFWLYHDGGUHVVHVLQWKHWH[WER[HV &RQILUP\RXUHQWULHV7KHGLDORJFORVHV ,I\RXZDQWWRFKDQJHWKH(WKHUQHWSDUDPHWHUVRSHQWKH(WKHUQHW3DUDPHWHUVWDE &ORVHWKH1HWZRUN'LDO8S&RQQHFWLRQVGLVSOD\7KH&RQWURO3DQHOLVGLVSOD\HGDJDLQ5HVXOW7KHDGGUHVVSDUDPHWHUVRIWKH+0,GHYLFHKDYHEHHQVHW 6SHFLI\LQJWKHORJRQGDWD8VHWKLVIXQFWLRQWRHQWHUWKHLQIRUPDWLRQIRUORJJLQJRQWRWKHORFDOQHWZRUN$VN\RXUQHWZRUNDGPLQLVWUDWRUIRUWKHUHTXLUHGLQIRUPDWLRQREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH&RQILJXULQJQHWZRUNRSHUDWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$( 5HTXLUHPHQW<RXKDYHRSHQHGWKH1HWZRUN,'GLDORJER[XVLQJWKH1HWZRUN,'LFRQ3URFHGXUH3URFHHGDVIROORZV (QWHU\RXUXVHUQDPHLQWKH8VHUQDPHWH[WER[ (QWHU\RXUSDVVZRUGLQWKH3DVVZRUGWH[WER[ ,QWKH'RPDLQLQSXWILHOGHQWHUWKHQDPHRI\RXUDVVLJQHGGRPDLQ &RQILUP\RXUHQWULHV7KHGLDORJFORVHV5HVXOW7KHORJRQGDWDKDVQRZEHHQVHW &RQILJXULQJHPDLO<RXFDQXVHWKLVIXQFWLRQWRVHWWKH6073VHUYHUVHQGHUQDPHDQGHPDLODFFRXQWIRUHPDLOVHUYLFH$VN\RXUQHWZRUNDGPLQLVWUDWRUIRUWKHUHTXLUHGLQIRUPDWLRQ5HTXLUHPHQW<RXKDYHRSHQHGWKH(PDLOWDELQWKH:LQ&&IOH[LEOH,QWHUQHW6HWWLQJVGLDORJXVLQJWKH:LQ&&,QWHUQHW6HWWLQJVLFRQREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH &RQILJXULQJQHWZRUNRSHUDWLRQ 0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(཰ 6HWWLQJWKH6073VHUYHUཱ 1DPHRIWKHVHQGHUDQGHPDLODFFRXQWི $GYDQFHGEXWWRQIRUDGYDQFHGVHWWLQJV1RWH$GGLWLRQDOWDEVPD\DSSHDULQWKH:LQ&&IOH[LEOH,QWHUQHW6HWWLQJVGLDORJ7KLVGHSHQGVRQWKHRSWLRQVWKDWKDYHEHHQHQDEOHGIRURSHUDWLQJWKHORFDOQHWZRUNLQWKHSURMHFW3URFHGXUH3URFHHGDVIROORZV 6SHFLI\WKH6073VHUYHUದ6HOHFWWKH8VHWKHGHIDXOWRIWKHSURMHFWILOHRSWLRQLI\RXZDQWWRXVHWKH6073VHUYHUFRQILJXUHGLQWKHSURMHFWದ&OHDUWKH8VHWKHGHIDXOWRIWKHSURMHFWILOHRSWLRQLI\RXGRQRWZDQWWRXVHWKH6073VHUYHUFRQILJXUHGLQWKHSURMHFW6SHFLI\WKHUHTXLUHG6073VHUYHU (QWHUWKHQDPHIRUWKHVHQGHULQWKH1DPHRIVHQGHUWH[WER[7KHFRPSXWHUQDPHLVSUDFWLFDODVWKHVHQGHUQDPHದVHHVHFWLRQ6SHFLI\LQJWKHFRPSXWHUQDPHRIWKH+0,GHYLFH3DJH (QWHUWKHHPDLODFFRXQWIRU\RXUHPDLOLQWKHH0DLODGGUHVVRIVHQGHUWH[WER[6RPHHPDLOSURYLGHUVZLOORQO\OHW\RXVHQGHPDLOVLI\RXVSHFLI\WKHHPDLODFFRXQW7KHH0DLODGGUHVVRIVHQGHUWH[WER[FDQUHPDLQHPSW\LI\RXUHPDLOSURYLGHUOHWV\RXVHQGHPDLOVZLWKRXWFKHFNLQJWKHDFFRXQWREVIEWENGLISH27.07.2010
&RQILJXULQJWKH+0,GHYLFH&RQILJXULQJQHWZRUNRSHUDWLRQ0RELOH3DQHO),:/$190RELOH3DQHO),:/$15),'7DJ2SHUDWLQJ,QVWUXFWLRQV$(  8VHWKH$GYDQFHGEXWWRQWRRSHQDGYDQFHGVHWWLQJVIRUWKHVHQGLQJRIHPDLOVYLDDQ6073VHUYHU཰ 2SWLRQVIRUDXWKHQWLFDWLRQRQWKH6073VHUYHUཱ (QFU\SWLRQRSWLRQV6SHFLI\DQRSWLRQIRUDXWKHQWLFDWLRQRQWKH6073VHUYHUದ6HOHFWWKH8VHWKHGHIDXOWRIWKHSURMHFWILOHRSWLRQLI\RXZDQWWRXVHDXWKHQWLFDWLRQGDWDVSHFLILHGLQWKHSURMHFWದ,I\RXXVHDQ6073VHUYHUWKDWGRHVQRWUHTXLUHDXWKHQWLFDWLRQVHOHFWWKH'LVDEOHDXWKHQWLILFDWLRQRSWLRQದ6HOHFWWKH8VHSDQHOVHWWLQJVIRUDXWKHQWLILFDWLRQRSWLRQLI\RXZDQWWRXVHWKHDXWKHQWLFDWLRQGDWDVSHFLILHGLQWKHVHWWLQJVRIWKH+0,GHYLFHLQVWHDGRIWKRVHLQWKHSURMHFW6SHFLI\WKHHQFU\SWLRQPHWKRGದ6HOHFWWKH8VHWKHGHIDXOWRIWKHSURMHFWILOHRSWLRQLI\RXZDQWWRXVHWKHHQFU\SWLRQPHWKRGVSHFLILHGLQWKHSURMHFWದ6HOHFWWKH(QDEOH66/RSWLRQLI\RXZDQWWRXVH66/HQFU\SWLRQದ6HOHFWWKH'LVDEOH66/RSWLRQLI\RXGRQRWZDQWWRXVHHQFU\SWLRQ $SSO\WKHDGYDQFHGVHWWLQJVZLWKWKH2.EXWWRQ &RQILUP\RXUHQWULHV7KHGLDORJFORVHV5HVXOW7KHHPDLOVHWWLQJVKDYHEHHQFKDQJHGREVIEWENGLISH27.07.2010

Navigation menu