7528%/(6+227,1*FRQWLQXHG
6\PSWRPDQG&KHFN/LVWFRQWLQXHG
6\PSWRPV
&KHFNOLVW
3DJH
1RUPDOSLFWXUHEXWQRFRORUQRUPDOVRXQG
&KHFNWKHFRQQHFWLRQRIWKHH[WHUQDOHTXLSPHQW
&KHFNWKH³&RORU6\VWHP´LQ³6HWXS0HQX´
a
,PDJHLVSDXVHG
&KHFNLIWKH79LVLQIUHH]HPRGHE\SUHVVLQJ
EXWWRQ
1RSLFWXUH
7KH,QGLFDWLQJODPSĺ2II
&KHFNLIWKHSRZHUFRUGLVSOXJJHGLQWRWKHVRFNHW¿UPO\
1RSLFWXUH
7KH,QGLFDWLQJODPSĺ2UDQJH
,WPHDQVWKDWWKHXQLWLVLQ³3RZHU6DYH
PRGH´
&KHFNLIDOOWKHFDEOHVRIWKHH[WHUQDOHTXLSPHQWDUHFRQQHFWHGFRUUHFWO\
DQG¿UPO\
&KHFNLIWKHSRZHURIWKHH[WHUQDOHTXLSPHQWLV21
&KHFNLIWKH79$9PRGHKDVEHHQVHOHFWHGFRUUHFWO\
&KHFNLIWKH3&LVLQ3RZHU6DYHPRGHRUQRW
5HIHUWR³3RZHU6DYHPRGH´DQG³:KHQIROORZLQJPHVVDJHVDSSHDUVRQ
WKHVFUHHQ´
1RSLFWXUH
7KHLQGLFDWLQJODPSĺ*UHHQ
&KHFNLIWKHVLJQDOFDEOHLVFRQQHFWHGFRUUHFWO\DQG¿UPO\
$GMXVWWKHOHYHORI%ULJKWQHVVDQG&RQWUDVWORZHU
a
7KHUHDURIWKH79PDNHVDEX]]LQJ
VRXQG
7KLVFRXOGEHWKHVRXQGSURGXFHGE\WKHPRWRUIDQZKHQLWURWDWHV
7KLVLVQRWDPDOIXQFWLRQ
7KHWRSRIWKHXQLWDQGVXUIDFHRIWKH
SDQHOKHDWXS
,WPD\KDSSHQZKHQ\RXXVHWKHXQLWIRUDORQJWLPH8QSOXJWKHSRZHU
FRUGIRUDZKLOH3OHDVHQRWHWKDWWKLVLVQRWDPDOIXQFWLRQ
7KHLPDJHFRQWUDVWUHGXFHVZKLOH
GLVSOD\LQJVWLOOLPDJHV
,IVWLOOLPDJHVDUHOHIWRQWKHVFUHHQIRUPRUHWKDQPLQXWHVSURWHFWLRQ
IXQFWLRQZLOOZRUNDXWRPDWLFDOO\VRWKDWFRQWUDVWUHGXFHVWRPLQLPL]H
LPDJHUHWHQWLRQRQSODVPDGLVSOD\SDQHO3OHDVHQRWHWKDWWKLVLVQRWD
PDOIXQFWLRQEXWLWKHOSVWRPLQLPL]HLPDJHUHWHQWLRQ
7KHRULJLQDOFRQWUDVWZLOOUHVWRUHDIWHUPRYLQJLPDJHVDUHGLVSOD\HGIRU
DERXWPLQXWHV2ULJLQDOFRQWUDVWFDQEHUHVWRUHGTXLFNO\E\WXUQLQJWKH
SRZHU2Q2IIZLWKUHPRWHFRQWURORUSRZHUVZLWFKRQXQLW
7KHSLFWXUHTXDOLW\ORRNVGLIIHUHQWZKHQ
YLHZHGDWGLIIHUHQWDQJOHV
7KLVLVFDXVHGE\WKHFKDUDFWHULVWLFRIKLJKFRQWUDVWJODVV¿OWHU
PRXQWHGRQWKHSDQHOVXUIDFH
7KLVLVQRWDPDOIXQFWLRQ
:KHQWKH9&5LVLQVSHFLDOSOD\EDFN
IHDWXUHV)DVW)RUZDUGRU5HZLQGWKH
VFUHHQJHWVGDUNDQGFDQQRWVHHWKH
LPDJHDWDOO
,WFRXOGKDSSHQZKHQWKH9&5LVFRQQHFWHGWR&RPSRQHQWRXWSXWVXFK
DVL7KLVLVQRWDPDOIXQFWLRQ
7U\&RPSRVLWHRXWSXWRU6YLGHRRXWSXWDQGFKHFNWKHSLFWXUHDJDLQ
7KHLPDJHVDUHQRWGLVSOD\HGRQVXE
SLFWXUHVULJKWVLGHLQ³0XOWL3LFWXUH
PRGH´
7KHUHDUHVRPHFRPELQDWLRQVRILQSXWVLJQDOVWKDWWKHLPDJHVDUHQRW
GLVSOD\HGRQVXESLFWXUHVULJKWVLGH
3OHDVHFKHFNWKH7DEOHRI³0XOWL3LFWXUH)XQFWLRQ´IRUGHWDLOV
6RPHVFUHHQGLVSOD\VL]HFDQQRWEH
VZLWFKHG
&KHFNWKHVLJQDOVWDWXVE\SUHVVLQJWKH
EXWWRQRQWKHUHPRWH
FRQWURO7KHDYDLODEOHVFUHHQGLVSOD\VL]HLVGLIIHUHQWGHSHQGLQJRQWKH
FXUUHQWVLJQDOVWDWXV
a
&DQQRWEHGLVSOD\HGWKHLPDJHIURP
+'0,a
&KHFNLIWKHFDEOHVDUHFRQQHFWHGFRUUHFWO\
&KHFNWKHRXWSXWIRUPDWRIWKHHTXLSPHQW
3OHDVHUHIHUWR³&RQQHFWLQJ3URFHGXUH´DQG³5HFRPPHQGHG6LJQDO
/LVW´
a
7KHLPDJHDQGDXGLRDUHPLVPDWFKHG
ZKHQLQ5*%RU+'0,aPRGH
&KHFNLIWKH3&5*%+'0,DQDORJDXGLRLQSXWWHUPLQDOLVFRQQHFWHG
WRWKHVDPHH[WHUQDOGHYLFH