+\GUR $OXPLQLXP

1RUGLVN 1RUGLVN $YLDWLRQ 3URGXFWV

32 
$YLDWLRQ 1 +ROPHVWUDQG 1RUZD\
3KRQH     
3URGXFWV 7HOHID[     
6,7$  75)+4&5

&20321(17 0$,17(1$1&( 0$18$/

ZLWK
,//8675$7(' 3$576 /,67

$.( &217$,1(5
31 +

&RPSLOHG E\
6WXUOH %MHUYD

3URGXFW
(PLUDWHV +B(.

'UDZLQJ QR 


 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

5(&25' 2) 5(9,6,216

5HY ,VVXH 'DWH 5HY ,VVXH 'DWH

1R 'DWH ,QVHUWHG %\ 1R 'DWH ,QVHUWHG %\


 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

7$%/( 2) &217(176

7LWOH 3DJH

'HVFULSWLRQ DQG 2SHUDWLRQ 

7HVWLQJ DQG 7URXEOH 6KRRWLQJ 
8QDVVLJQHG 
'LVDVVHPEO\ 
&OHDQLQJ 
&KHFN 
5HSDLU 
$VVHPEO\ 
)LWV DQG &OHDUDQFHV 
6SHFLDO 7RROV )L[WXUHV DQG (TXLSPHQW 
,OOXVWUDWHG 3DUWV /LVW 


 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

/,67 2) ())(&7,9( 3$*(6 

6XEMHFW 3DJH 'DWH

'HVFULSWLRQ DQG 2SHUDWLRQ   $XJ 

7HVWLQJ DQG 7URXEOHVKRRWLQJ  l l l
8QDVVLJQHG  l l l
'LVDVVHPEO\  l l l
&OHDQLQJ  l l l
&KHFN  l l l
l  l l l
l  l l l
5HSDLU  l l l
l  l l l
l  l l l
l  l l l
l  l l l
l  l l l
l  l l l
l  l l l
$VVHPEO\  l l l
)LWV DQG &OHDUDQFHV  l l l
6SHFLDO 7RROV )L[WXUHV DQG (TXLSPHQW  l l l
,OOXVWUDWHG 3DUWV /LVW  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l


 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

/,67 2) ())(&7,9( 3$*(6 

6XEMHFW 3DJH 'DWH

,OOXVWUDWHG 3DUWV /LVW   $XJ 

l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l
l l l  l l l


 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

'(6&5,37,21 $1' 23(5$7,21

 'HVFULSWLRQ

 *HQHUDO
7KLV &RPSRQHQW 0DLQWHQDQFH 0DQXDO LV DSSOLFDEOH WR FRQWDLQHU SDUW QXPEHU
+ ZLWK H[WHUQDO GLPHQVLRQV
+HLJKW l
:LGWK l
:LGWK WRS l
/HQJWK l

 &RQWDLQHU %DVH

7KH FRQWDLQHU EDVH FRQVLVWV RI DQ DOXPLQLXP VKHHW HQFORVHG E\ HGJH UDLOV DQG LQVHUW
FRUQHUV 5DLOV DUH DWWDFKHG WR VKHHW E\ ULYHWV LQ VWDLQOHVV VWHHO

 &RQWDLQHU %RG\

7KH FRQWDLQHU ERG\ LV EXLOW XS E\ VHSDUDWH SDQHOV ZKLFK DUH MRLQHG E\ EROWV (DFK
SDQHO FRQVLVWV RI D IODW VKHHW ULYHWHG WR D ZHOGHG IUDPH

 &RQWDLQHU 'RRU

7KH FRQWDLQHU KDV GRRU RQ RQH VLGH 7KH GRRU LV RI ELIROG DQG KLQJH W\SH /RFNV DUH RI
VWDLQOHVV VWHHO

 2SHUDWLRQ
7KH FRQWDLQHUV DUH JHQHUDOO\ WUDQVSRUWHG RQ UROOHU EHGV DQG EDOO PDWV )RUNOLIW WUXFNV
VKRXOG EH XVHG RQO\ WR OLIW HPSW\ FRQWDLQHUV
:DUQLQJ  'RRUV PXVW EH FORVHG ZKHQ FRQWDLQHUV DUH PRYHG
 'RRUV PXVW EH SURSHUO\ VHFXUHG E\ UHWDLQHU VWUDSV ZKHQ VWRZHG LQ
RSHQ SRVLWLRQ

 &HUWLILFDWLRQ
7KH FRQWDLQHU LV FHUWLILHG E\ )$$ 762 &$ $XWKRUL]DWLRQ ZLWK UHIHUHQFH WR 1$6
 6SHFLILFDWLRQ DQG ZLWK FODVVLILFDWLRQ QXPEHU .&


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

7(67,1* $1' 7528%/( 6+227,1*

7(0325$5,/< 127 ,1 86(


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

81$66,*1('

7(0325$5,/< 127 ,1 86(


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

',6$66(0%/<

 *HQHUDO
7KH FRQWDLQHU LV EXLOW XS E\ IODW DOXPLQLXP SDQHOV ZKLFK DUH MRLQHG E\ l GLD EROWV
7KH FRQWDLQHU LV GLVDVVHPEOHG E\ UHPRYLQJ WKHVH EROWV

 'LVDVVHPEOHG 3DUWV

7KH VHTXHQFH RUGHU RI GHWDFKLQJ SDQHO DVVHPEOLHV IURP WKH FRQWDLQHU LV LQGLIIHUHQW
$IWHU UHPRYLQJ DOO DVVHPEO\ EROWV WKH GLVDVVHPEOHG FRQWDLQHU ZLOO FRQVLVW RI WKH IRO
ORZLQJ SDQHOV

4W\ SHU
3DQHO DVVHPEOLHV )LJXUH ,WHP FRQWDLQHU

%DVH   

5RRI 3DQHO   
,QERDUG 3DQHO   
/HIW 6KHDU 3DQHO   
5LJKW 6KHDU 3DQHO   
8SSHU 2XWERDUG 3DQHO   
/RZHU 2XWERDUG 3DQHO   
'RRU   
$IW 3DQHO   


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

&/($1,1*

 *HQHUDO
1RUPDOO\ FOHDQLQJ RI WKH FRQWDLQHU LV QRW QHFHVVDU\ ,I FOHDQLQJ LV UHTXLUHG WR LP
SURYH WKH DSSHDUDQFH XVH ZKLWH VSLULW RU D PLOG GHWHUJHQW 5LQVH ZLWK ZDWHU


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

&+(&.

 *HQHUDO
7KH FRQWDLQHU VKRXOG EH LQVSHFWHG IRU FOHDUO\ YLVLEOH GDPDJHV SULRU WR HDFK ORDGLQJ
,Q DGGLWLRQ WR WKLV FRQWLQXRXV FRQWURO LW LV DGYLVHG WR LQVSHFW WKH FRQWDLQHU WKRURXJKO\
IRU GDPDJHV DSSUR[LPDWHO\ HYHU\ WK PRQWK ,I GDPDJHV IRXQG H[FHHG OLPLWDWLRQV DV
GHVFULEHG LQ WKLV FKDSWHU WKH FRQWDLQHU VKDOO EH VXEMHFW WR UHSDLU

 ,QVSHFWLRQ RI FRQWDLQHU EDVH

 %HQW HGJH UDLOV

3HUPDQHQW GHIRUPDWLRQ VKRXOG QRW H[FHHG  FP l PHDVXUHG YHUWLFDOO\ RYHU
IXOO OHQJWK RI HGJH UDLO

 %URNHQ FRUQHUV

7KHUH VKDOO EH QR EURNHQ FRUQHUV

 'DPDJHG WLH GRZQ EUDFNHWV

7KHUH VKDOO EH QR EURNHQ RU SHUPDQHQWO\ GHIRUPHG OLSV LQ VHDW WUDFN QRU VKDOO WKHUH
EH DQ\ FUDFNV LQ ZHOGV DWWDFKLQJ EUDFNHW WR HGJH UDLO

 :DUSHG SODWH

:KHQ WKH EDVH UHVWV HPSW\ RQ D IODW VXUIDFH WKH YHUWLFDO GLVWDQFH PHDVXUHG EHWZHHQ
WKH VXUIDFH DQG DQ\ SRLQW RQ WKH SODWH VKRXOG QRW H[FHHG  FP l 

 3ODWH LQGHQWDWLRQ

3HUPDQHQW LQGHQWDWLRQ LQ WKH SODWH VKRXOG QRW H[FHHG  FP 7KHUH VKDOO EH QR
FUDFNV RU KROHV LQ WKH SODWH

 /RRVH RU PLVVLQJ DWWDFKPHQW ULYHWV

7KHUH VKDOO EH QR PRUH WKDQ  ORRVH RU PLVVLQJ ULYHWV SHU HGJH UDLO 0LQLPXP GLV
WDQFH EHWZHHQ ORRVH RU PLVVLQJ ULYHWV VKDOO EH  FP l 

 ,QVSHFWLRQ RI FRQWDLQHU ERG\ SDQHOV

 +ROHV RU FXWV LQ SDQHO VKHHWV

/HQJWK RI FXW RU GLDJRQDO OHQJWK RI KROH VKDOO QRW H[FHHG  FP l  7KHUH VKDOO EH
QR FXWV RU KROHV LQVLGH D GLVWDQFH RI  FP l IURP DQ\ ULYHW 6HH )LJXUH 

 'DPDJHG IUDPH DQG VWLIIHQHU H[WUXVLRQV ZHOG FUDFNV

3HUPDQHQW GHIRUPDWLRQ RI IUDPH RU VWLIIHQHU H[WUXVLRQ VKDOO QRW SURWUXGH EH\RQG
PD[ FRQWDLQHU FRQWRXU /HQJWK RI DQ\ ZHOG FUDFN VKDOO QRW H[FHHG  FP l 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

 0LVVLQJ ULYHWV DWWDFKLQJ VKHHW WR IUDPHVWLIIHQHUV

1R PRUH WKDQ  RI ULYHWV RQ RQH SDQHO VKDOO EH ORRVH RU PLVVLQJ 0LQLPXP GLV
WDQFH EHWZHHQ ORRVH RU PLVVLQJ ULYHWV VKDOO EH  FP l 

 ,QVSHFWLRQ RI PLVFHOODQHRXV KDUGZDUHV

 'DPDJHG FRQWLQXRXV GRRU KLQJH

7KHUH VKDOO EH QR FUDFNV RU DQ\ ORRVH RU PLVVLQJ ULYHWV 1RU VKDOO WKHUH EH DQ\
SHUPDQHQWO\ EHQG RU EURNHQ SRUWLRQV RI WKH KLQJH

 'DPDJHG PLGGOH GRRU ORFNV

3HUPDQHQW GHIRUPHG SDUWV RI WKH PLGGOH GRRU ORFN VKDOO QRW SUHYHQW GRRU ORFN SLQ
IURP HQJDJLQJ SURSHUO\ LQWR GRRU SRVW 7KHUH VKDOO EH QR FUDFNV LQ DQ\ SDUWV QRU
VKDOO WKHUH EH DQ\ ORRVH RU PLVVLQJ DWWDFKPHQW ULYHWV

 'DPDJHG ERWWRP GRRU VWRSV

7KHUH VKDOO EH QR FUDFNV LQ DQ\ SDUWV QRU VKDOO WKHUH EH DQ\ ORRVH RU PLVVLQJ DWWDFK
PHQW EROWV

 'DPDJHG GRRU VHDOV

7KH GRRU VHDO LV QRW D VWUXFWXUDO SDUW RI WKH FRQWDLQHU ,W LV KRZHYHU UHFRPPHQGHG WR
UHSODFH GDPDJHG VHDOV

 'DPDJHG RU PLVVLQJ GRRU UHWDLQHU VWUDS

7KH GRRU UHWDLQHU VWUDS VKDOO IXQFWLRQ SURSHUO\

 'DPDJHG VWUDS KDQGOH

$Q\ VWUDS KDQGOH VKDOO KDYH PLQLPXP  OEV SXOO FDSDFLW\ :RUQ VWUDSV VKDOO EH
UHSODFHG

 'DPDJHG LGHQWLILFDWLRQ DQG 762 PDUNLQJ SODWH

7KHUH VKDOO EH QR PLVVLQJ VLJQV 7KH WH[W VKDOO EH UHDGDEOH


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

5() 3$5$*5$3+ 

 FP l

 FP l

$UHD ZLWKLQ ZKLFK D  FP

l KROH RU FXW LV DOORZHG

),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

5(3$,5

 *HQHUDO

 $SSURYHG ZRUNVKRSV

5HSDLUV VKDOO EH SHUIRUPHG RQO\ E\ ZRUNVKRSV ZKLFK DUH DSSURYHG E\ WKH UHOHYDQW
$LUZRUWKLQHVV $XWKRULWLHV

 5HSDLU PDWHULDOV

$OO PDWHULDOV XVHG LQ WKH WKH UHSDLUV VKDOO EH LGHQWLFDO WR PDWHULDOV DV JLYHQ LQ WKH
LOOXVWUDWHG SDUWV OLVW FRPPHQFLQJ RQ SDJH 
&DXWLRQ $Q\ VXEVWLWXWH PDWHULDOV VKDOO EH DSSURYHG E\ 1RUGLVN $YLDWLRQ
3URGXFWV

 :HOG UHSDLU DQG KHDW VWUDLJKWHQLQJ

$OO H[WUXVLRQV XVHG LQ WKLV FRQWDLQHU DUH PDGH LQ WKH KLJK VWUHQJWK DOOR\
$$7 7KLV DOOR\ LV VHOIKDUGHQLQJ DIWHU KHDWLQJ DQG ZHOGLQJ $Q\ EURNHQ RU
FUDFNHG H[WUXVLRQ PD\ WKHUHIRUH EH UHSDLUHG E\ ZHOGLQJ XVLQJ SURSHU PHWKRGV DQG
ZHOGLQJ ZLUHV DV GHVFULEHG LQ WKLV FKDSWHU )XUWKHU ZKHQ VWUDLJKWHQLQJ EHQW H[WUX
VLRQV KHDW PD\ EH DSSOLHG SURYLGHG WKDW PD[LPXP WHPSHUDWXUH LQ WKH KHDW DIIHFWHG
]RQH GRHV QRW H[FHHG  E&  E) DQG WKDW KHDW LV QRW DSSOLHG IRU PRUH WKDQ 
PLQXWHV
&DXWLRQ ,I KLJKHU WHPSHUDWXUH RU KHDW LV DSSOLHG RYHU D ORQJHU SHULRG
PHFKDQLFDO SURSHUWLHV ZLOO EH GUDVWLFDOO\ UHGXFHG

 5HSDLU RI WKH FRQWDLQHU EDVH

 %HQW HGJH UDLOV 6HH )LJXUH 

6WUDLJKWHQ E\ SUHVVLQJ HGJH UDLO LQ RSSRVLWH GLUHFWLRQ WR EHQG +HDW PD\ EH DSSOLHG
DV GHVFULEHG LQ  ,I HGJH UDLO FDQ QRW EH VWUDLJKWHQHG RU LI FUDFNV RFFXU WKH HGJH
UDLO VKDOO EH UHSODFHG DV IROORZ

 5HPRYH DOO ULYHWV DWWDFKLQJ GDPDJHG HGJH UDLO WR EDVH SODWH 8VH  PP GLD GULOO
'HWDFK UDLO

 ,QVHUW FRUQHUV LQ HQGV RI QHZ HGJH UDLO ,W PD\ EH QHFHVVDU\ WR IRUFH WKH FRUQHUV LQWR
WKH UDLOV ZLWK D KDPPHU

 3RVLWLRQ D QHZ HGJH UDLO DQG FKHFN WKDW H[WHUQDO GLPHQVLRQV DUH FRUUHFW

 'ULOO GLD  PP KROHV WKURXJK HGJH UDLO XVLQJ WKH KROHV LQ SODWH DV WHPSODWHV

 ,QVWDOO QHZ ULYHWV 8VH 7KRPSVRQ +HDG 5LYHW 6HW &XS RU VLPLODU HTXLSPHQW

 %URNHQ FRUQHUV 6HH )LJXUH 

%URNHQ FRUQHUV VKDOO EH UHSODFHG DV IROORZV


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

 5HPRYH DOO ULYHWV DWWDFKLQJ DQ DGMDFHQW HGJH UDLO WR EDVH SODWH 8VH  PP GLD GULOO

 5HSODFH EURNHQ FRUQHU LQ HQG RI WKH ORRVH HGJH UDLO ,W PD\ EH QHFHVVDU\ WR IRUFH WKH
FRUQHU LQWR WKH UDLOV ZLWK D KDPPHU

 3RVLWLRQ WKH HGJH UDLO DQG LQVWDOO ULYHWV 8VH 7KRPSVRQ +HDG 5LYHW 6HW &XS RU VLPL
ODU HTXLSPHQW

 'DPDJHG WLH GRZQ EUDFNHWV

$OO GDPDJHG LQWHUQDO WLH GRZQ EUDFNHW VKDOO EH UHSDLU DV IROORZV

 5HPRYH GDPDJHG EUDFNHW E\ XVLQJ D FKLVHO KDPPHU

 &OHDQ DUHD WR EH ZHOGHG IRU R[LGHV DQG GLUW

 3RVLWLRQ D QHZ EUDFNHW DQG ZHOG HDFK HQG RI WKH EUDFNHW WR WKH HGJH UDLO 8VH 0,* RU
7,* ZHOGLQJ HTXLSPHQW ZLWK ZHOGLQJ ZLUH LQ DOOR\ $$ $O0J 

 :DUSHG SODWH

:KHQ OLPLWDWLRQ LQ SDUD  3DJH  LV H[FHHGHG WKH SODWH VKRXOG EH IODWWHQHG
HLWKHU E\ VKRW SHHQLQJ RU E\ UROOHU EHQGLQJ $IWHU IODWWHQLQJ FKHFN WKDW H[WHUQDO GL
PHQVLRQV RI EDVH DUH FRUUHFW ,I WKH SODWH FDQ QRW EH IODWWHQHG WKH EDVH VKRXOG EH
UHSODFHG

 3ODWH LQGHQWDWLRQ 6HH ILJXUH 

,QGHQWDWLRQV VKRXOG EH IODWWHQHG E\ FROGZRUNLQJ ZLWK D KDPPHU +ROHV RU FUDFNV LQ
WKH SODWH VKRXOG EH UHSDLUHG DV IROORZV

 &XW RXW D FLUFXODU RU UHFWDQJXODU VHFWLRQ DURXQG WKH GDPDJHG DUHD

 0DNH D QHZ SODWH ZLWK WKH VDPH WKLFNQHVV LQ DOOR\ $$ 7 RU $$ 7
WKDW ZLOO ILW LQWR WKH FXW RXW ZLWKLQ PD[  PP FOHDUDQFH

 0DNH D GRXEOHU SODWH ZLWK WKH VDPH WKLFNQHVV LQ DOOR\ $$ 7 RU
$$ 7 WKDW ZLOO RYHUODS KROH E\  PP RQ HDFK VLGH

 $WWDFK GRXEOHU SODWH WR SDOOHW SODWH E\ [ PP &6. VWDLQOHVV VWHHO ULYHWV RU WXEXODU
ULYHWV DV XVHG LQ EDVH DVVHPEO\ XVLQJ HGJH GLVWDQFH  PP DQG LQWHUULYHW VSDFLQJ 
PP 8VH  PP GLD GULOO DQG • FRXQWHUVLQN ERUH

 )LW SUHPDGH SDWFKLQJ SODWH LQWR KROH DQG DWWDFK WR GRXEOHU SODWH E\ [ PP &6.
VWDLQOHVV VWHHO ULYHWV RU WXEXODU ULYHWV DV XVHG LQ EDVH DVVHPEO\ 8VH  PP GLD GULOO
DQG • FRXQWHUVLQN ERUH 6HH ILJXUH 

 /RRVH RU PLVVLQJ DWWDFKPHQW ULYHWV

,I OLPLWDWLRQV JLYHQ LQ SDUD 3DJH  DUH H[FHHGHG ORRVH RU PLVVLQJ ULYHWV VKDOO
EH UHSODFHG DFFRUGLQJ WR LQVWUXFWLRQV LQ SDUD


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

 5HSDLU RI FRQWDLQHU ERG\ SDQHOV

 +ROHV DQG FXWV LQ SDQHO VKHHWV 6HH )LJXUH 

,I OLPLWDWLRQV JLYHQ LQ SDUD 3DJH  DUH H[FHHGHG WKH GDPDJH VKRXOG EH UH
SDLUHG DV IROORZV

 5HPRYH MDJJHG HGJHV RI GDPDJHG DUHD DQG IODWWHQ WKH VKHHW

 &RYHU FXW RU KROH ZLWK PLQLPXP  PP VKHHW LQ DOOR\ $$* RU LQ VLPLODU
DOOR\ 8VH PLQLPXP  FP RYHUODS IURP HGJH RI KROH WR HGJH RI VKHHW 6WDQGDUG SUH
FXW DQG SUHGULOOHG SDWFKLQJ VKHHWV LQ YDULRXV VL]HV DUH DYDLODEOH IURP PDQXIDFWXUHU
VHH )LJXUH 

 'ULOO  PP GLD KROHV WKURXJK ERWK VKHHWV XVLQJ HGJH GLVWDQFH RQ SDWFKLQJ VKHHW RI
 FP DQG LQWHUULYHW VSDFLQJ  FP

 ,I QHFHVVDU\ DSSO\ D VHDOLQJ FRPSRXQG EHWZHHQ WKH VKHHWV

 ,QVWDOO l EOLQG ULYHWV

 5HSDLU RI EHQW SDQHO IUDPHV DQG VWLIIHQHUV ZHOG FUDFNV

%HQW H[WUXVLRQV VKRXOG EH VWUDLJKWHQHG E\ SUHVVLQJ LQ RSSRVLWH GLUHFWLRQ WR EHQG
+HDW PD\ EH DSSOLHG DV GHVFULEHG LQ SDUD  ,I GDPDJHG H[WUXVLRQ FDQQRW EH
VWUDLJKWHQHG LW VKRXOG EH UHSODFHG DV IROORZV

 5HPRYH DOO ULYHWV DWWDFKLQJ VKHHW WR GDPDJHG H[WUXVLRQ DQG VR PDQ\ ULYHWV RQ DGMD
FHQW UDLO DV QHFHVVDU\ WR EHQG VKHHW DZD\ IURP WKH FRUQHUV 8VH  PP GLD GULOO

 &XW ERWK HQGV RI GDPDJHG H[WUXVLRQ DORQJ ZHOG OLQHV DQG FOHDQ DUHD WR EH ZHOGHG IRU
R[LGHV DQG GLUW

 3RVLWLRQ QHZ SUHFXW H[WUXVLRQ DQG ZHOG DURXQG FLUFXPIHUHQFH RI H[WUXVLRQ HQGV
8VH 0,* RU 7,* ZHOGLQJ HTXLSPHQW DQG ZHOGLQJ ZLUH LQ DOOR\ $$ $O0J 

 *ULQG ZHOGV IOXVK ZLWK H[WUXVLRQ VXUIDFH ZKHUH VKHHW ZLOO EH DWWDFKHG

 'ULOO GLD  PP KROHV WKURXJK UHSODFHPHQW H[WUXVLRQ XVLQJ KROHV LQ VKHHW DV WHP
SODWHV ,QVWDOO QHZ ULYHWV

 5HSODFHPHQW RI ORRVH RU PLVVLQJ ULYHWV

/RRVH ULYHWV VKRXOG EH UHPRYHG ZLWK  PP GULOO ,QVWDOO QHZ ULYHWV ZLWK VWDQGDUG
EOLQG ULYHW WRROV

 5HSODFHPHQW RI PLVFHOODQHRXV KDUGZDUHV


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

 5HSODFHPHQW RI FRQWLQXRXV GRRU KLQJH

 'HWDFK FRQWLQXRXV GRRU KLQJH IURP GRRU DVVHPEO\ E\ UHPRYLQJ WKH ULYHWV

 3RVLWLRQ D QHZ FRQWLQXRXV GRRU KLQJH

 ,QVWDOO QHZ ULYHWV

 'LVDVVHPEO\ DQG DVVHPEO\ RI GRRU ORFNV

 'HWDFK VSULQJ FRYHU E\ UHPRYLQJ WKH WZR ULYHWV 8VH  PP GLD GULOO

 5HPRYH WKH ULYHWV DWWDFKLQJ WKH GRRU ORFN FXS WR WKH GRRU SDQHO 7KH KROH GRRU ORFN
DVVHPEO\ FDQ QRZ EH UHPRYHG IURP WKH WKH GRRU

 5HPRYH SRSULYHW DWWDFKLQJ GRRU ORFN SLQ WR WKH GRRU ORFN VSULQJ
8VH  PP 'LD GULOO

 5HPRYH SRSULYHWV DWWDFKLQJ GRRU ORFN VSULQJ WR WKH GRRU ORFN FXS
8VH  PP 'LD GULOO

 5HPRYH WKH  SRSULYHWV DWWDFKLQJ SLQ VWRS ZLWK SODWH WR WKH GRRU ORFN FXS
8VH  PP 'LD GULOO

 7R DVVHPEOH WKH GRRU ORFN IROORZ WKH LQVWUXFWLRQV VWDUWLQJ ZLWK SDUDJUDSK  DQG
ZRUNLQJ EDFNZDUGV

 5HSODFHPHQW RI ERWWRP GRRU VWRSV

 5HPRYH 0 EROWV DQG QXWV

 3RVLWLRQ D QHZ ERWWRP GRRU VWRS DQG DWWDFK LW ZLWK 0 EROWV DQG QXWV

 5HSODFHPHQW RI GRRU VHDO

 3XOO RXW WKH GDPDJHG VHDO

 ,QVWDOO QHZ VHDO 7KH VHDO ILWV LQWR WKH IUDPH H[WUXVLRQ RI WKH GRRU 7R HDVH WKH LQVWDO
ODWLRQ DSSO\ D WKLQ ILOP RI OLTXLG VRDS WR VHDO

 5HSODFHPHQW RI GRRU UHWDLQHU VWUDS

 'HWDFK GRRU UHWDLQHU VWUDS E\ UHPRYLQJ WKH ULYHWV

 ,QVWDOO QHZ VWUDS


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

5() 3$5$*5$3+  $1' 

&RUQHU 'HWDLOV

v  PP l

•  PP
l
5LYHW ,QVWDOODWLRQ +ROH 'LPHQVLRQV

),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

5() 3$5$*5$3+ 

•[

6HFWLRQ $$

0LQ
5  PP

$ $

 PLQ

 PLQ



5HFWDQJXODU FXWRXW LV VKRZQ

),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

5() 3$5$*5$3+ 

 FP W\S

 FP PLQ
 FP W\S

),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

5() 3$5$*5$3+ 

),*85( 

$OO ULYHW KROHV DUH  PP LQ GLDPHWHU GLVWDQFH IURP HGJH WR KROH LV  PP DQG
LQWHUULYHW VSDFLQJ LV  PP 6KHHW WKLFNQHVV LV  PP

3DUW 1XPEHU $ [ %  ZLGWK 1XPEHU RI ULY /  PD[ OHQJWK ; [ <  PD[

[ OHQJWK >PP@ HW KROHV RI WHDU >PP@ KROH VL]H >PP@
  [     [ 
  [     [ 
  [     [ 
  [     [ 
  [     [ 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

$66(0%/<

 *HQHUDO
7KH FRQWDLQHU ZLOO EH EXLOW XS E\ VHSDUDWH IODW SDQHO DVVHPEOLHV 7KHVH ZLOO EH
MRLQHG E\ l GLD DVVHPEO\ EROWV LQ SUHGULOOHG KROHV LQ WKH SDQHO IUDPH H[WUXVLRQV

 $VVHPEO\ RI FRQWDLQHU

7KH VHTXHQFH RUGHU RI ZKLFK WKH FRQWDLQHU SDQHOV DUH DVVHPEOHG LV LQGLIIHUHQW
+RZHYHU LW LV DGYLVHG WR LQVWDOO RQH EROW LQ HDFK SDQHO FRUQHU SULRU WR LQVWDOOLQJ DOO
DVVHPEO\ EROWV


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

),76 $1' &/($5$1&(6

7(0325$5,/< 127 ,1 86(


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

63(&,$/ 722/6 ),;785(6 $1' (48,30(17

7(0325$5,/< 127 ,1 86(


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

,//8675$7(' 3$576 /,67

 *HQHUDO
7KLV LOOXVWUDWHG SDUWV OLVW FRQWDLQV DOO SDUWV XVHG LQ FRQWDLQHU 31 +

 1XPHULFDO ,QGH[

)RU WKH SXUSRVH RI FURVV UHIHUHQFH DQG HDV\ ORFDWLRQ RI SDUW QXPEHUV D QXPHULFDO
LQGH[ LV OLVWHG

 ,OOXVWUDWHG 3DUWV /LVW ,3/ 

(DFK GHWDFKDEOH SDQHO DVVHPEO\ DQG HDFK FRQWDLQHU KDUGZDUH DUH LOOXVWUDWHG RQ D
VHSDUDWH SDJH IROORZHG E\ D SDJH OLVWLQJ DOO LWHPV SDUW QXPEHUV QRPHQFODWXUH DQG
XQLWV SHU DVVHPEO\

 6SDUH SDUWV

7KH ,3/ DOVR VHUYHV DV D VSDUH SDUWV OLVW :KHQ RUGHULQJ VSDUH SDUWV UHIHUHQFH
VKRXOG EH PDGH WR ERWK SDUW QXPEHU DQG QRPHQFODWXUH DV VKRZQ LQ WKH SDUWV OLVWV


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

180(5,&$/ ,1'(;
3DUW 1XPEHU $LUOLQH 7RWDO
3DUW 1XPEHU )LJXUH ,WHP UHTXLUHG
+   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

180(5,&$/ ,1'(;
3DUW 1XPEHU $LUOLQH 7RWDO
3DUW 1XPEHU )LJXUH ,WHP UHTXLUHG
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

180(5,&$/ ,1'(;
3DUW 1XPEHU $LUOLQH 7RWDO
3DUW 1XPEHU )LJXUH ,WHP UHTXLUHG
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

&217$,1(5 $66(0%/<

 )LJ )LJ 

)LJ

)LJ

)LJ )LJ 

)LJ



)LJ




)LJ


 )LJ

)LJ


$WWDFKPHQW RI DIW SDQHO
6HH )LJ 

$WWDFKPHQW RI GRRU VHDOV

6HH )LJ 

)LJ

),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.








$WWDFKPHQW RI $IW 3DQHO WR %DVH

),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

5RRI


0HWDO GRRU



5XEEHU 6HDOV

),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

,//8675$7(' 3$576 /,67

)LJXUH 3DUW 1RPHQFODWXUH (IIHFWLYH 8QLWV SU
,WHP 1XPEHU       IURP  WR DVVHPEO\

 + &RQWDLQHU $VVHPEO\ 
   /RFN %ROW &ROODU l /&5* 
   /RFN %ROW l &/%5* 
   /RFN %ROW l &/%5* 
   6LJQ IRU + 
   %OLQG ULYHW $' 6% 
   %OLQG ULYHW $' 6% 
   %XPSHU 
   %OLQG 5LYHW 7$3' %6/) 
   %UDFNHW 
   'RRU 5HWDLQHU 6WUDS 
   %OLQG ULYHW 7/3' %6 
   %OLQG ULYHW 7/3' %6 
   ([WUXVLRQ  /  PP 
   6HDO 5 6* /  PP 
   6WUDS KDQGOH 
   :DVKHU [ PP 
  6HDO 5 /  PP 6* 
   6HDO 5 /  PP 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

%$6( $66<

&  &

& 

$ $




% ,QERDUG 6LGH

%





6HFWLRQ $$


6HFWLRQ %%

'HWDLO &

6HFWLRQ &&
),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

,//8675$7(' 3$576 /,67

)LJXUH 3DUW 1RPHQFODWXUH (IIHFWLYH 8QLWV SU
,WHP 1XPEHU       IURP  WR DVVHPEO\

  %DVH $VV\ 
   6KHHW [[ PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   )RUJHG &RUQHU 
   7LH 'RZQ %UDFNHW 
   7XEXODU ULYHW [ PP 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

522) 3$1(/ $66<

 


% %

& &


,QERDUG 6LGH
$

$ 


6HFWLRQ $$ 6HFWLRQ %%

6HFWLRQ &&
),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

,//8675$7(' 3$576 /,67

)LJXUH 3DUW 1RPHQFODWXUH (IIHFWLYH 8QLWV SU
,WHP 1XPEHU       IURP  WR DVVHPEO\

  5RRI 3DQHO $VV\ 
   6KHHW [[ PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   %OLQG ULYHW $' 6% 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

,1%2$5' 3$1(/ $66<




$ $



 6HFWLRQ $$

),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

,//8675$7(' 3$576 /,67

)LJXUH 3DUW 1RPHQFODWXUH (IIHFWLYH 8QLWV SU
,WHP 1XPEHU       IURP  WR DVVHPEO\

  ,QERDUG 3DQHO $VV\ 
   6KHHW [[ PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   %OLQG ULYHW $' 6% 
   5XEEHU 6HDO /  PP 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

/()7 6+($5 3$1(/ $66<




% %
$ $ 







6HFWLRQ $$

6HFWLRQ %%

),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

,//8675$7(' 3$576 /,67

)LJXUH 3DUW 1RPHQFODWXUH (IIHFWLYH 8QLWV SU
,WHP 1XPEHU       IURP  WR DVVHPEO\

  /HIW 6KHDU 3DQHO $VV\ 
   6KHHW [[ PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   %UDFNHW 
   +(; %ROW 0[ 
   6HOIORFNLQJ 1XW 0 
   %OLQG ULYHW $' 6% 
   5XEEHU 6HDO /  


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

5,*+7 6+($5 3$1(/ $66<




 $ $ % %







6HFWLRQ $$ 6HFWLRQ %%

),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

,//8675$7(' 3$576 /,67

)LJXUH 3DUW 1RPHQFODWXUH (IIHFWLYH 8QLWV SU
,WHP 1XPEHU       IURP  WR DVVHPEO\

  5LJKW 6KHDU 3DQHO $VV\ 
   6KHHW [[ PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   %UDFNHW 
   +(; %ROW 0[ 
   6HOIORFNLQJ 1XW 0 
   %OLQG ULYHW $' 6% 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

833(5 287%2$5' 3$1(/ $66<

 $

 

6HFWLRQ $$

),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

,//8675$7(' 3$576 /,67

)LJXUH 3DUW 1RPHQFODWXUH (IIHFWLYH 8QLWV SU
,WHP 1XPEHU       IURP  WR DVVHPEO\

  8SSHU 2XWERDUG 3DQHO $VV\ 
   6KHHW [[ PP 
   ([WUXVLRQ  /  PP 
   %OLQG ULYHW $' 6% 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

/2:(5 287%2$5' 3$1(/ $66<


$

6HFWLRQ $$

),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

,//8675$7(' 3$576 /,67

)LJXUH 3DUW 1RPHQFODWXUH (IIHFWLYH 8QLWV SU
,WHP 1XPEHU       IURP  WR DVVHPEO\

  /RZHU 2XWERDUG 3DQHO $VV\ 
   6KHHW [[ PP 
   ([WUXVLRQ  /  PP 
   %OLQG 5LYHW $' 6% 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

'225 $66<





  

 


 
 


)LJ
 )LJ

 


 
 

 



),*85(  


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

 





 



),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

  




 



),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

,//8675$7(' 3$576 /,67

)LJXUH 3DUW 1RPHQFODWXUH (IIHFWLYH 8QLWV SU
,WHP 1XPEHU       IURP  WR DVVHPEO\

  'RRU $VV\ 
   /RZHU 'RRU )UDPH Z6KHHW 
    6KHHW [[ 
    ([WUXVLRQ  /  PP 
    ([WUXVLRQ  /  PP 
    ([WUXVLRQ  /  PP 
    ([WUXVLRQ  /  PP 
    %OLQG ULYHW $' 6% 
   8SSHU 'RRU )UDPH Z6KHHW 
    6KHHW [[ 
    ([WUXVLRQ  /  PP 
    ([WUXVLRQ  /  PP 
    ([WUXVLRQ  /  PP 
    %OLQG ULYHW $' 6% 
   +LQJH 
   /HIW 'RRU /RFN &XS 
   5LJKW 'RRU /RFN &XS 
   /HIW /RFN %ROW 
   5LJKW /RFN %ROW 
   6WRS 
   %UDFNHW 
   /HIW 'RRU /RFN 6SULQJ 
   5LJKW 'RRU /RFN 6SULQJ 
   ([WUXVLRQ  /  PP 
   %UDFNHW IRU 6HDO3DGORFN 
   'RRU 6HDO 
   'RRU 6WRSSHU ([WUQR  
   +H[ %ROW 0[ 
   1XW 6HOI /RFNLQJ 0 
   %OLQG 5LYHW 7/3' %6 
   %OLQG 5LYHW $' 6% 
   %OLQG 5LYHW $' 6% 
   %OLQG 5LYHW 7$3' %6 
   6SDFHU 
   :DVKHU [ PP 
   %OLQG 5LYHW $' 6% 
   %OLQG 5LYHW $' 6% 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

$)7 3$1(/ $66<

 


$ $




%


6HFWLRQ $$
6HFWLRQ %%

),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

,//8675$7(' 3$576 /,67

)LJXUH 3DUW 1RPHQFODWXUH (IIHFWLYH 8QLWV SU
,WHP 1XPEHU       IURP  WR DVVHPEO\

  $IW 3DQHO $VV\ 
   6KHHW [[ PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   ([WUXVLRQ  /  PP 
   %OLQG ULYHW $' 6% 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

3/$&$5' +2/'(5

),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

,//8675$7(' 3$576 /,67

)LJXUH 3DUW 1RPHQFODWXUH (IIHFWLYH 8QLWV SU
,WHP 1XPEHU       IURP  WR DVVHPEO\

  3ODFDUG +ROGHU FRPS 
   3ODFDUG +ROGHU 
   ([WUXVLRQ [ /  PP 
   %OLQG ULYHW $' 6% 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

675$3 +$1'/( $66<

$ $

6HFWLRQ $$

),*85(  


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

,//8675$7(' 3$576 /,67

)LJXUH 3DUW 1RPHQFODWXUH (IIHFWLYH 8QLWV SU
,WHP 1XPEHU 8$       IURP  WR DVVHPEO\

  6WUDS +DQGOH $VV\ 
   6WUDS +DQGOH %OXH 
   :DVKHU [ PP 
   /RFN %ROW l &/%5* 
   /RFN %ROW &ROODU l /&5* 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

675$3 +$1'/( $66<




),*85( 


3DJH 
 $XJ 
1RUGLVN
$YLDWLRQ
3URGXFWV $LU &DUJR &RQWDLQHU 31 +B(.

,//8675$7(' 3$576 /,67

)LJXUH 3DUW 1RPHQFODWXUH (IIHFWLYH 8QLWV SU
,WHP 1XPEHU       IURP  WR DVVHPEO\

  6WUDS +DQGOH $VV\ 
   6WUDS +DQGOH %OXH 
   %UDFNHW 
   %OLQG ULYHW $' 6% 


3DJH 
 $XJ