Professional Documents
Culture Documents
(7V DQG 0Dqdjhphqw 7udlqhhv 07V ZLWK Euljkw DFDGHPLF Uhfrug WR MRLQ WKH
(7V DQG 0Dqdjhphqw 7udlqhhv 07V ZLWK Euljkw DFDGHPLF Uhfrug WR MRLQ WKH
(7V DQG 0Dqdjhphqw 7udlqhhv 07V ZLWK Euljkw DFDGHPLF Uhfrug WR MRLQ WKH
$*RYHUQPHQWRI,QGLD(QWHUSULVH
1$7,21$/$/80,1,80&203$1</,0,7('
1$/&2%+$:$131$<$3$//,%+8%$1(6:$525,66$
1(('6
*5$'8$7((1*,1((575$,1((6*(7V
0$1$*(0(1775$,1((607V
1DOFR D OHDGLQJ 1DYDUDWQD 36( RI JOREDO UHSXWH LV WKH ODUJHVW LQWHJUDWHG $OXPLQD
$OXPLQLXP&RPSOH[RI$VLDZLWK6WDWHRIWKH$UW7HFKQRORJ\DQGKDYLQJPXOWLORFDWLRQDO
8QLWVLQWKH6WDWHRI2ULVVDZLWK&RUSRUDWH2IILFHDW%KXEDQHVZDU7KHDQQXDOWXUQRYHU
RIWKH&RPSDQ\LVDERXW5V&URUHV7KH&RPSDQ\KDVDPELWLRXV3URMHFWVLQKDQG
IRUIXUWKHUJURZWKDQGH[SDQVLRQ7KH&RPSDQ\HQMR\V6WDU7UDGLQJ+RXVHVWDWXVLQWKH
ILHOGRI([SRUWV&RPPHQVXUDWLRQZLWKWKHJURZWKWKH&RPSDQ\DWWDFKHVGXHHPSKDVLV
RQLWVTXDOLWDWLYH+XPDQ5HVRXUFHVZKRVHVWUHQJWKLVDERXW
1$/&2 LV ORRNLQJ IRU SURPLVLQJ HQHUJHWLF *UDGXDWH (QJLQHHU 7UDLQHHV
*(7V DQG 0DQDJHPHQW 7UDLQHHV 07V ZLWK EULJKW DFDGHPLF UHFRUG WR MRLQ WKH
2UJDQL]DWLRQLQWKHSD\VFDOHRI5V(JUDGH%HVLGHV%DVLFSD\
RWKHU SHUNV DQG DOORZDQFHV XQGHU &DIHWHULD $SSURDFK 'HDUQHVV $OORZDQFH,QGXVWULDO
'HDUQHVV $OORZDQFH SDWWHUQ +5$&RPSDQ\ $FFRPPRGDWLRQ &RQWULEXWRU\ 3URYLGHQW
)XQG 3HUIRUPDQFH 5HODWHG 3D\353 *URXS ,QVXUDQFH 0HGLFDO )DFLOLW\ IRU VHOI DQG
GHSHQGDQWV *UDWXLW\ 6HOI &RQWULEXWRU\ 3RVW 5HWLUHPHQW %HQHILW HWF DV SHU &RPSDQ\
UXOHV DUH DOVR DGPLVVLEOH 7KH &7& DW WKH PLQLPXP VFDOH LV 5V SP DSSUR[
EDVHGRQSUHUHYLVHGSHUNV
,*5$'8$7((1*,1((575$,1((6*(7V
*UDGXDWHVLQ(QJLQHHULQJ7HFKQRORJ\)XOO7LPHZLWKRIPDUNVLQDJJUHJDWHRIDOO
WKH \HDUV VHPHVWHUV RI PDUNV IRU 6&67 FDQGLGDWHV IURP D UHFRJQL]HG
8QLYHUVLW\,QVWLWXWHLQDQ\RIWKHIROORZLQJGLVFLSOLQHVPD\DSSO\
'LVFLSOLQH 'LVFLSOLQH
0HFKDQLFDO &KHPLFDO
0LQLQJ0DFKLQHU\ &LYLO
(OHFWULFDO 6\VWHPV&RPSXWHU
(QJLQHHULQJ&RPSXWHU
6FLHQFH,QIRUPDWLRQ
7HFKQRORJ\
& , *HRORJ\
0HWDOOXUJ\ 0LQLQJ
)RU6\VWHPVGLVFLSOLQHWKRVHKDYLQJUHFRJQL]HG WKUHH\HDUV IXOOWLPHFRXUVHLQ0DVWHU¶V
'HJUHH LQ &RPSXWHU $SSOLFDWLRQV 0&$ ZLWK RI PDUNV RI PDUNV IRU 6&67
FDQGLGDWHVDUHDOVRHOLJLEOHWRDSSO\+RZHYHUVXFKFDQGLGDWHVPXVWDOVRKDYHRI
PDUNVLQDJJUHJDWHRIDOOWKH\HDUVVHPHVWHUVRIPDUNVIRU6&67FDQGLGDWHVDW
*UDGXDWLRQOHYHOIURPD5HFRJQL]HG8QLYHUVLW\,QVWLWXWH
)RU *HRORJ\ GLVFLSOLQH FDQGLGDWHV KDYLQJ 06F*HRORJ\ IURP UHFRJQL]HG
8QLYHUVLW\,QVWLWXWHZLWKRIPDUNVLQDJJUHJDWHRIDOOWKH\HDUVVHPHVWHUVRI
PDUNV IRU 6&67 FDQGLGDWHV LQ ERWK JUDGXDWLRQ DQG SRVW JUDGXDWLRQ DUH HOLJLEOH WR
DSSO\
3UHIHUHQFH ZRXOG EH JLYHQ WR WKRVH FDQGLGDWHV LQ WKH DERYH GLVFLSOLQHV KDYLQJ
0DQDJHPHQW'HJUHHIURPSUHPLHU8QLYHUVLW\,QVWLWXWH
,,0$1$*(0(1775$,1((607V
'LVFLSOLQH 'LVFLSOLQH
+XPDQ 5HVRXUFH 0DUNHWLQJ0DQDJHPHQW
0DQDJHPHQW
3XEOLF 5HODWLRQ )LQDQFH
&RUSRUDWH
&RPPXQLFDWLRQ
*UDGXDWHZLWKPDUNVLQDJJUHJDWH RIDOO WKH\HDUVVHPHVWHUVRIPDUNVIRU
6&67PD\DSSO\LQ+50DUNHWLQJ35 &RUSRUDWH&RPPXQLFDWLRQDQG)LQDQFHVXEMHFW
WR VHFXULQJ WKH IROORZLQJ SHUFHQWDJH RI PDUNV DQG UHTXLUHG TXDOLILFDWLRQ LQ UHVSHFWLYH
FRXUVHV
PDUNV LQ DJJUHJDWH RI DOO WKH \HDUVVHPHVWHUV RI PDUNV IRU 6&67
FDQGLGDWHV LQ 0%$3* 'HJUHH 3* 'LSORPD FRXUVHV IXOO WLPH IRU +5
0DUNHWLQJ GLVFLSOLQH ZKLFK VKRXOG QRW EH RI OHVV WKDQ WZR \HDUV GXUDWLRQ DQG
FDQGLGDWHV IURP UHSXWHG %XVLQHVV 6FKRRO VXFK DV ,,0V;/5, -DPPQDODO %DMDM
,QVWLWXWH;,0%HWFZRXOGEHSUHIHUUHG
&DQGLGDWHV ZLWK 0%$3* 'LSORPD PLQLPXP RQH\HDU IXOO WLPH FRXUVH LQ 0DVV
&RPPXQLFDWLRQ-RXUQDOLVP$GYHUWLVLQJ&UHDWLYH:ULWLQJZLWKLQDJJUHJDWH
RIDOOWKH\HDUVVHPHVWHUVRIPDUNVIRU6&67FDQGLGDWHVPD\RQO\DSSO\
IRU35 &RUSRUDWH&RPPXQLFDWLRQGLVFLSOLQH
4XDOLILHG&$,&:$FDQGLGDWHVPD\RQO\DSSO\IRU)LQDQFHGLVFLSOLQH
&DQGLGDWHV VKRXOG KDYH WKH DERYH TXDOLILFDWLRQV IURP UHFRJQL]HG
XQLYHUVLW\LQVWLWXWHV
127(
D 7KH WRWDO PD[LPXP PDUNV DQG WRWDO PDUNV REWDLQHG IRU DOO \HDUV
6HPHVWHUV ZLOO EH VXPPHG XS WR DUULYH DW DJJUHJDWH SHUFHQWDJH
1RURXQGLQJRIIZLOOEHGRQH QRZHLJKWDJHZLOOEHJLYHQWRDQ\
SDUWLFXODU6HPHVWHURU\HDU
E :KHUHYHU &*3$2*3$ RU OHWWHU JUDGH LQ GHJUHH LV DZDUGHG
HTXLYDOHQW SHUFHQWDJH RI PDUNV VKRXOG EH LQGLFDWHG LQ WKH RQOLQH
DSSOLFDWLRQDVSHUQRUPVDGRSWHGE\8QLY,QVWW3OHDVHDOVRREWDLQ
DFHUWLILFDWHWRWKLVHIIHFWIURPWKH8QLYHUVLW\,QVWWZKLFKVKDOOEH
UHTXLUHGDWWKHWLPHRILQWHUYLHZIRUYHULILFDWLRQ
7KH FDQGLGDWHV SXUVXLQJ WKHLU ILQDO \HDU H[DPLQDWLRQ YL] %DFKHORU RI
(QJLQHHULQJ7HFKQRORJ\ 0&$ &$,&:$ 06F *HRORJ\ 0%$ 3* GHJUHH 3*
'LSORPD&RXUVHVIXOOWLPHDZDLWLQJWKHUHVXOWVPD\DOVRDSSO\7KHLUFDVHVZLOO
KRZHYHU EH FRQVLGHUHG RQO\ LI WKH\ ILQDOO\ SDVV WKH H[DPLQDWLRQ ZLWK UHTXLVLWH
SHUFHQWDJH RI PDUNV DQG SURGXFH 2ULJLQDO FHUWLILFDWH RI SDVVLQJ LQ WKH VDLG
H[DPLQDWLRQRQWKHGDWHWKHLQGLYLGXDOFDQGLGDWHDSSHDUVKLVKHULQWHUYLHZ7KH
LQWHUYLHZ LV OLNHO\ WR EH KHOG GXULQJ WKH PRQWK RI
2FWREHU1RYHPEHU¶
$*(/,0,7
1RWPRUHWKDQ\HDUVDVRQLHFDQGLGDWHVERUQEHIRUH
QHHGQRWDSSO\7KHDJHOLPLWLVUHOD[DEOHE\\HDUVLQFDVHRI
6&67 FDQGLGDWHV \HDUV LQ FDVH 2%& FDQGLGDWHV \HDUV IRU 3HUVRQV ZLWK
'LVDELOLW\ 3:' DQG \HDUV IRU WKH FDQGLGDWHV RUGLQDULO\ GRPLFLOHG LQ WKH
.DVKPLU 'LYLVLRQ RI WKH 6WDWH RI -DPPX .DVKPLU GXULQJ WKH SHULRG IURP
WR
5(6(59$7,21
7KH UHVHUYDWLRQ IRU 6&672%&3:' FDWHJRU\ DUH SURYLGHG DV SHU WKH
3UHVLGHQWLDO'LUHFWLYHVLQYRJXH
)RU FODLPLQJ WKH EHQHILWV XQGHU 6&672%& FDWHJRU\ FDQGLGDWH VKRXOG KDYH
UHFHQW DQG YDOLG FDVWH FHUWLILFDWH IURP WKH DSSURSULDWH DXWKRULW\ DV SHU WKH
3URIRUPDSUHVFULEHGE\WKH*RYHUQPHQWRI,QGLD,QUHVSHFWRI2%&FDQGLGDWHV
DPRQJRWKHUWKLQJVWKHFHUWLILFDWHVKRXOGVSHFLILFDOO\PHQWLRQWKDWWKHFDQGLGDWH
GRHV QRW EHORQJ WR WKH SHUVRQVVHFWLRQ RI &UHDP\ /D\HU DV PHQWLRQHG LQ
FROXPQRIWKHVFKHGXOHRIWKH'HSDUWPHQWRIWKH3HUVRQQHO 7UDLQLQJLQWKH
*RYHUQPHQW RI ,QGLD 20 1R (VWW5HVGDWHG ,Q
FDVH RI 3:' FDQGLGDWHV WKH GLVDELOLW\ VKRXOG EH HTXDO RU PRUH WKDQ DV
FHUWLILHGE\$SSURSULDWH$XWKRULW\
727$/122)32676)25*(7V
8QUHVHUYHG856FKHGXOHG&DVWHV6&6FKHGXOHG7ULEHV672WKHU
%DFNZDUG&ODVV2%&
QRV SRVW RI *(7V ZRXOG EH IRU 3K\VLFDOO\ +DQGLFDSSHG 3HUVRQV ZLWK
PLQLPXPGLVDELOLW\DVDJDLQVWKRUL]RQWDOUHVHUYDWLRQ
727$/122)32676)2507V
8QUHVHUYHG856FKHGXOHG&DVWHV6&6FKHGXOHG7ULEHV672WKHU
%DFNZDUG&ODVV2%&
QRSRVWRI07VZRXOGEHIRU3K\VLFDOO\+DQGLFDSSHG3HUVRQVZLWKPLQLPXP
GLVDELOLW\DVDJDLQVWKRUL]RQWDOUHVHUYDWLRQ
6(/(&7,21352&(66
D (OLJLEOHFDQGLGDWHVZLOOEHUHTXLUHGWRDSSHDUIRUZULWWHQWHVWFRQVLVWLQJRIWZR
SDSHUVQDPHO\
L*HQHUDO$SWLWXGH7HVW
LL6XEMHFW.QRZOHGJH7HVW6HSDUDWHIRUHDFKGLVFLSOLQH
E 7KH ZULWWHQ WHVW LV WHQWDWLYHO\ VFKHGXOHG RQ H[DFW GDWH WLPH
YHQXHRIWKHWHVWVKDOOEHFRPPXQLFDWHGWRWKHFDQGLGDWHVWKURXJKDGPLWFDUG
F 6FUHHQLQJ DQG VHOHFWLRQ ZLOO EH GRQH EDVHG RQ WKH GHWDLOV SURYLGHG E\ WKH
FDQGLGDWHV +HQFH WKH FDQGLGDWHV DUH UHTXLUHG WR IXUQLVK IXOO DQG FRUUHFW
LQIRUPDWLRQ)XUQLVKLQJRIZURQJIDOVHLQIRUPDWLRQZLOOOHDGWRGLVTXDOLILFDWLRQ
DWDQ\VWDJHRIUHFUXLWPHQW
2QO\ WKRVH FDQGLGDWHV ZKR DUH VKRUW OLVWHG EDVHG RQ PHULW DQG FULWHULD
GHFLGHG E\ WKH PDQDJHPHQW DIWHU WKH :ULWWHQ 7HVW VKDOO EH FDOOHG WR
DSSHDU IRU 3HUVRQDO ,QWHUYLHZ DW %KXEDQHVZDU RU DQ\ RWKHU SODFH DV
QRWLILHGWRWKHP
:5,77(17(67&(17(56
7KHZULWWHQWHVWZLOOEHFRQGXFWHGDWIROORZLQJFLWLHV
7HVW&LW\ 7HVW&LW\
%DQJDORUH +\GHUDEDG
%KXEDQHVZDU .RONDWD
&KHQQDL 0XPEDL
'HOKL 9L]DJ
&DQGLGDWHVKDYHWRFKRRVHRQHRIWKHVHFLWLHVDVWHVWFHQWUHDQGQRFKDQJHZLOOEH
DOORZHG VXEVHTXHQWO\ +RZHYHU 1$/&2 UHVHUYHV WKH ULJKW WR FKDQJH DQ\ DERYH
PHQWLRQHGWHVWFLWLHVDWLWVGLVFUHWLRQ
75$9(//,1*$//2:$1&(
7KH FDQGLGDWHV VKDOO EH UHTXLUHG WR DSSHDU IRU WKH :ULWWHQ 7HVW DW WKHLU RZQ FRVW
7KH FDQGLGDWHV FDOOHG IRU ,QWHUYLHZ VKDOO EH SDLG ,,QG FODVV UHWXUQ UDLO EXV IDUH WR
WKHSODFHRI,QWHUYLHZE\WKHVKRUWHVWURXWHIURPWKHDGGUHVVIRUFRPPXQLFDWLRQRQ
SURGXFWLRQRISURRI2QO\6&67FDQGLGDWHVFDOOHGIRU:ULWWHQ7HVWIURPRXWVWDWLRQV
EH\RQG NPV ZLOO EH HOLJLEOH IRU UHLPEXUVHPHQW RI MRXUQH\ H[SHQVHV DW WKH
YHQXHOLPLWHGWRVLQJOH,,QG&ODVV5DLO%XVIDUHIURPWKHDGGUHVVIRUFRPPXQLFDWLRQ
JLYHQLQWKHDSSOLFDWLRQWRWKHSODFHRIWHVWDQGEDFNE\WKHVKRUWHVWURXWHVXEMHFWWR
SURGXFWLRQRIWLFNHWV FRS\RIWKHFDVWHFHUWLILFDWH
+2:72$33/<
(OLJLEOH DSSOLFDQWV ZRXOG EH UHTXLUHG WR DSSO\ 2QOLQH WKURXJK 1$/&2¶V
ZHEVLWH ZZZQDOFRLQGLDFRP HDSSVQDOFRLQGLDFRLQJHWPW DQG QR
RWKHUPRGHRIDSSOLFDWLRQVKDOOEHDFFHSWHG
D %HIRUH UHJLVWHULQJVXEPLWWLQJ WKHLU DSSOLFDWLRQV RQ WKH ZHEVLWH WKH FDQGLGDWHV
VKRXOGSRVVHVWKHIROORZLQJ
L 9DOLG(PDLO,'
LL0RELOH1R
LLL )DFLOLW\ WR WDNH SULQWRXW RI WKH ILOOHG LQ DSSOLFDWLRQ IRUP SD\LQVOLS IRU
GHSRVLWLQJWKHUHJLVWUDWLRQIHH
E 7KH FDQGLGDWH FDQ DFFHVV WKH RQOLQH DSSOLFDWLRQ IRUP DQG SD\LQVOLS DW DERYH
PHQWLRQHG ZHEVLWHV 7KH DSSOLFDWLRQ IRUP LQGLFDWHV DOO GHWDLO LQIRUPDWLRQ WR EH
ILOOHGXS E\ WKH FDQGLGDWHDQGSD\LQVOLSLQGLFDWHVWKHUHJLVWUDWLRQ IHH IL[HGIRU
WKHLQGLYLGXDOFDWHJRU\ZLWKDSSOLFDEOHEDQNFKDUJHV7KHRQOLQHUHJLVWUDWLRQVLWHV
ZRXOG EH RSHQHG IURP $0 RQ WR 30 RQ
F2QOLQHDSSOLFDWLRQDQGSD\PHQWPHWKRGRORJ\RIUHJLVWUDWLRQIHHRI5VIRU
*HQHUDO 2%& FDQGLGDWHV DQG 5V IRU 6&673:' FDQGLGDWHV ZLOO EH
DYDLODEOH WKURXJK RQ OLQH VLWH 7KH VDLG UHJLVWUDWLRQ IHH LV WR EH GHSRVLWHG LQ
1$/&2 3RZHUM\RWL $F QXPEHU RI 6%, 3D\PHQW LV WR EH
PDGHDVSHUWKHSUHVFULEHGSURFHVVRQO\
G 5HJLVWUDWLRQ )HH LV QRQUHIXQGDEOH 1R RWKHU PRGH RI SD\PHQW ZRXOG EH
DFFHSWHG RWKHU WKDQ SUHVFULEHG PRGH ,QVWUXPHQWV OLNH 'HPDQG 'UDIW %DQNHU
&KHTXHV ,32 RQOLQH WUDQVIHU RI PRQH\ LQWR 1$/&2 DFFRXQW HWF UHFHLYHG
WRZDUGVSD\PHQWRIUHJLVWUDWLRQIHHZLOO127EHHQWHUWDLQHGDQGLIUHFHLYHGZLOO
QRWEHUHWXUQHGWRDSSOLFDQWV
H &DQGLGDWHV DUH WR VHQG WKH HQYHORSH FRQWDLQLQJ WKH GRZQ ORDGHG ILOOHG LQ
DSSOLFDWLRQ IRUP LQ RULJLQDO VHOI DWWHVWHG UHFHQW FRORXUHG SKRWRJUDSKVL]H [
FPV ZLWK ZKLWH EDFN JURXQG DIIL[HG VLJQDWXUH LQ VSDFH SURYLGHG LQ WKH
DSSOLFDWLRQ IRUP DORQJ ZLWK 1$/&2¶V FRS\ RI SD\LQVOLS LQ RULJLQDO ZLWK EDQN
VHDO ,Q DGGLWLRQ WKH FDQGLGDWH EHORQJV WR 6&672%&QRQFUHDP\
OD\HU3:'- . GRPLFLOH DUH UHTXLUHG WR VXEPLW VHOI DWWHVWHG FRS\ RI UHOHYDQW
FHUWLILFDWH E\ 25',1$5< 3267 VLQFH SRVW ER[ GR QRW DFFHSW UHJLVWHUHG
SRVWFRXULHUWR32%R[1R&266,325(32672)),&(.2/.$7$
VRDVWRUHDFKODWHVWE\1$/&2ZLOOQRWEHUHVSRQVLEOHIRU
DQ\SRVWDOGHOD\ORVV
'HWDLOV RI ILOOLQJ XS RQOLQH DSSOLFDWLRQ DQG SD\PHQW PHWKRG ZLOO EH
DYDLODEOHRQWKHZHEVLWH
75$,1,1*$1'35263(&76
L6HUYLFH%RQG
7KHVHOHFWHGFDQGLGDWHVDWWKHWLPHRIMRLQLQJWKHWUDLQLQJZLOOEHUHTXLUHGWR
VLJQ D FRQWUDFW RI DSSUHQWLFHVKLS LQ DFFRUGDQFH ZLWK WKH $SSUHQWLFHVKLS $FW
DQG DOVR D %RQG RQ QRQMXGLFLDO VWDPS SDSHU WR VHUYH WKH &RPSDQ\ IRU D
SHULRGRI\HDUVDIWHUVXFFHVVIXOFRPSOHWLRQRIRQH\HDUWUDLQLQJ
LL)DFLOLWLHV'XULQJ7UDLQLQJ3HULRG
7KH GXUDWLRQ RI WKH WUDLQLQJ VKDOO EH IRU D SHULRG RI RQH \HDU 7KH
WUDLQHHV VKDOO EH HQWLWOHG WR DYDLO OHDYH # GD\V SHU DQQXP GXULQJ WKH
WUDLQLQJSHULRG0HGLFDOEHQHILWVIRUVHOIEDFKHORUDFFRPPRGDWLRQDQGRWKHU
DOORZDQFHVEHQHILWVVKDOOEHSURYLGHGDVSHUWKH&RPSDQ\¶V5XOHV
LLL)DFLOLWLHV2Q$EVRUSWLRQ
2QVXFFHVVIXOFRPSOHWLRQRIWUDLQLQJWKHFDQGLGDWHVZLOOEHSODFHGLQWKHSD\
VFDOHRI5V±(SURYLVLRQDO
*(1(5$/,16758&7,216
D 7KHFRXUVHVRIIHUHGE\$XWRQRPRXV,QVWLWXWLRQVVKRXOGEHHTXLYDOHQWWRWKH
UHOHYDQWFRXUVHVDSSURYHGUHFRJQL]HGE\$VVRFLDWLRQRI,QGLDQ8QLYHUVLWLHV
$,88*&$,&7(,QWKHHYHQWTXDOLILFDWLRQRUWKHLQVWLWXWLRQIURPZKHUHWKH
FDQGLGDWHKDVDFTXLUHGLVIRXQGWREHGHUHFRJQL]HGE\WKHDERYHLQVWLWXWLRQV
KLVKHU DSSOLFDWLRQZKROH SURFHVV RI UHFUXLWPHQWMRLQLQJ LV OLDEOH WR EH
FDQFHOOHGWHUPLQDWHG
E %HIRUHDSSO\LQJWKHFDQGLGDWHVKRXOGHQVXUHWKDWKHVKHIXOILOVWKHHOLJLELOLW\
FULWHULDDQGRWKHUQRUPVPHQWLRQHGLQWKHDGYHUWLVHPHQW
F 7KH FDQGLGDWHV DUH UHTXLUHG WR GHSRVLW WKH DSSOLFDEOH QRQUHIXQGDEOH
UHJLVWUDWLRQ IHH DV LQGLFDWHG LQ SD\PHQW PHWKRGRORJ\ RQ ZHEVLWH DW DQ\
EUDQFKRI6WDWH%DQNRI,QGLDKDYLQJFRUHEDQNLQJIDFLOLWLHV
G $QDSSOLFDWLRQRQFHPDGHZLOO127EHDOORZHGWREHZLWKGUDZQDQGWKHIHH
RQFHSDLGZLOO127EHUHIXQGHGRQDQ\DFFRXQWQRUFDQLWEHKHOGLQUHVHUYH
IRUDQ\RWKHUH[DPLQDWLRQRUVHOHFWLRQSURFHVV
H 5HTXHVWV IRU FKDQJH RI PDLOLQJ DGGUHVV ([DPLQDWLRQ FHQWUH FDWHJRU\
GLVFLSOLQHDVGHFODUHGLQWKHDSSOLFDWLRQZLOOQRWEHHQWHUWDLQHG
I ,IDFDQGLGDWHKDVFKDQJHGKLVKHUQDPHRUGURSSHGDGGHGSDUWRIKLVKHU
QDPHDIWHUPDWULFXODWLRQ66&+LJKHU6HFRQGDU\6HQLRU6HFRQGDU\KHVKHLV
UHTXLUHGWRVXEPLWDQDWWHVWHGFRS\RI*D]HWWH1RWLILFDWLRQZLWKDIILGDYLWWR
WKLVHIIHFWWKDWKHVKHKDVFKDQJHGKLVKHUQDPHDIWHUPDWULFXODWLRQHWFDW
WKHWLPHRILQWHUYLHZ
J &DQGLGDWHVVKRXOGUHWDLQWKHFRS\RIWKHLUSD\LQVOLSDQGFRS\RIDSSOLFDWLRQ
IRUIXWXUHUHIHUHQFH)XUWKHUWKH\DUHDOVRDGYLVHGWRUHWDLQVL[QRVRIVDPH
SDVVSRUW VL]H SKRWRJUDSKV ZKLFK ZLOO EH XVHG LQ DOO RWKHU GRFXPHQWV RI WKH
FRPSDQ\WLOOWKHUHFUXLWPHQWSURFHVVLVRYHU
K &DQGLGDWHVLQHPSOR\PHQWRI3XEOLF6HFWRUXQGHUWDNLQJ*RYWVHUYLFHZLOOEH
UHTXLUHGWRSURGXFHµ1R2EMHFWLRQ&HUWLILFDWH¶DWWKHWLPHRILQWHUYLHZ,QWKH
DEVHQFHRIZKLFKKLVKHUFDQGLGDWXUHZLOOEHUHMHFWHG
L &RXUWRI-XULVGLFWLRQIRUDQ\GLVSXWHZLOOEH%KXEDQHVZDU2ULVVD
M 1$/&2 UHVHUYHV WKH ULJKW WR FDQFHO RU DGG DQ\ FHQWUH GHSHQGLQJ RQ WKH
UHVSRQVHLQWKDWDUHDFHQWUHWRILOOXSDOOWKHSRVWVRUDOWHUWKHQXPEHURI
SRVWVRUHYHQWRFDQFHOWKHZKROHSURFHVVRIUHFUXLWPHQWZLWKRXWDVVLJQLQJ
DQ\UHDVRQV
N &DQYDVVLQJLQDQ\IRUPVKDOOGLVTXDOLI\WKHFDQGLGDWXUH
127(
7KH QXPEHU RI SRVW LQGLFDWHG DERYH PD\ YDU\ EDVHG RQ IXUWKHU DVVHVVPHQW RI
UHTXLUHPHQW 7KHUH ZLOO EH DQ DSSURYHG SDQHO RI VXFFHVVIXO FDQGLGDWHV LQ RUGHU
RIPHULWYDOLGIRUDSHULRGRIRQH\HDU
$SSRLQWPHQW RI VHOHFWHG FDQGLGDWHV ZLOO EH VXEMHFW WR WKHLU SDVVLQJ WKH
&RPSDQ\¶V 0HGLFDO ([DPLQDWLRQ DV SHU WKH VWDQGDUG ODLG GRZQ XQGHU 1$/&2¶V
0HGLFDO5XOHV
7KHVHOHFWHGFDQGLGDWHVDUHOLDEOHWREHSRVWHGDQ\ZKHUHLQ,QGLDRUDEURDGRU
ZLWKLWVEXVLQHVVDVVRFLDWHV
,03257$17'$7(6
D 5HJLVWUDWLRQVWDUWGDWH
E /DVWGDWHIRUUHJLVWUDWLRQ
F /DVWGDWHIRUUHFHLYLQJWKHGRZQORDGHGILOOHG
LQDSSOLFDWLRQIRUPZLWKHQFORVXUHV
G $OO,QGLDZULWWHQWHVW7HQWDWLYH
$GYW1R
1DWLRQDO$OXPLQLXP&RPSDQ\/LPLWHG
$*RYHUQPHQWRI,QGLD(QWHUSULVH
1DOFR%KDZDQ31D\DSDOOL%KXEDQHVZDU
1(('6
*UDGXDWH(QJLQHHU7UDLQHHV*(7V
0DQDJHPHQW7UDLQHHV07V
1$/&2 D OHDGLQJ 1DYDUDWQD 36( RI JOREDO UHSXWH LV ORRNLQJ IRU
KLJKO\G\QDPLF*UDGXDWH(QJLQHHU7UDLQHH*(7V 0DQDJHPHQW7UDLQHH
07V 7KH RQOLQH UHJLVWUDWLRQ RI DSSOLFDWLRQ ZLOO EH DYDLODEOH IURP 'W
$0 WR GW 30 LQ RXU ZHEVLWHV
ZZZQDOFRLQGLDFRP HDSSVQDOFRLQGLDFRLQJHWPW )RU GHWDLOV SOHDVH
EURZVH RXU ZHE VLWH JLYHQ DERYH RU UHIHU WR (PSOR\PHQW 1HZV GDWHG
$GYW1R