Professional Documents
Culture Documents
'HSDUWPHQW&LUFXODU1R
6HULHVRI
6HSWHPEHU
68%-(&7,03/(0(17,1**8,'(/,1(6)255(38%/,&$&7
,WLVWKHSROLF\RIWKH6WDWHWRGHIHQGWKHULJKWRIFKLOGUHQWRDVVLVWDQFHLQFOXGLQJ
SURSHUFDUHDQGQXWULWLRQDQGWRSURYLGHWKHPZLWKDVSHFLDOSURWHFWLRQDJDLQVWDOOIRUPV
RI QHJOHFW DEXVH FUXHOW\ H[SORLWDWLRQ DQG RWKHU FRQGLWLRQV SUHMXGLFLDO WR WKHLU
GHYHORSPHQW
)LOLSLQRFKLOGUHQXSWRVL[\HDUVRIDJHGHVHUYHWKHEHVWFDUHDQGDWWHQWLRQDWWKH
IDPLO\ DQG FRPPXQLW\ OHYHOV EHFDXVH WKH TXDOLW\ RI FDUH SURYLGHG DW WKLV WLPH ZLOO
GHWHUPLQHWKHNLQGRI\RXWKDQGDGXOWZHZLOOKDYHLQWKHIXWXUH7KHUHE\D'D\&DUH
&HQWHU LV KHUHE\ HVWDEOLVKHG LQ HYHU\ EDUDQJD\ WR SURYLGH WKH WRWDO GHYHORSPHQW DQG
SURWHFWLRQRIFKLOGUHQ
6HFWLRQ 'HILQLWLRQ RI 7HUPV $V XVHG LQ WKLV *XLGHOLQHV VSHFLILFDOO\ SURYLGHG
RWKHUZLVH
'D\ &DUH 6HUYLFH LV DQ DUUDQJHPHQW ZKHUHE\ VXSSOHPHQWDO SDUHQWDO FDUH LV
SURYLGHG WRDFKLOGZKRPD\EHQHJOHFWHGDEXVHGH[SORLWHGRUDEDQGRQHG
SDUWRIWKHGD\ZKHUHSDUHQWVFDQQRWDWWHQGWRWKHQHHGVRIWKHFKLOG
6XSSOHPHQWDO SDUHQWDO FDUH LV WHPSRUDU\ FDUH SURYLGHG E\ WKH 'D\ &DUH
:RUNHU ZKR DWWHQGVWRWKHFKLOGVQHHGVHQVXUHVKLVKHUFRPIRUWDQGVDIHW\
DQG SURYLGHV FUHDWLYH H[SHULHQFHV PHQWDO VWLPXODWLRQ FRJQLWLYH VNLOOV
GHYHORSPHQWDQGYDOXHIRUPDWLRQ
&KLOGXQGHUWKLV$FWLVDSHUVRQVL[\HDUVRIDJHDQGEHORZ
$ 3RWHQWLDOO\ 1HJOHFWHG &KLOG LV D FKLOG ZKRVH PRWKHU LV ZRUNLQJ RXWVLGH
WKH KRPH RU EXV\ ZLWK KRPH DQG RWKHU DFWLYLWLHV DQG WKHUHIRUH FKLOG LV OHIW
DORQHSDUWRIWKHGD\ZLWKRXWDQ\DGXOWWRSURYLGHFDUHDQGVXSHUYLVLRQ
$ 1HJOHFWHG &KLOG LV RQH ZKRVH EDVLF QHHGV KDYH EHHQ GHOLEHUDWHO\
XQDWWHQGHGRULQDGHTXDWHO\DWWHQGHGZKLFKPD\RFFXULQWZRZD\V
D 3K\VLFDO QHJOHFW LV ZKHQ WKH FKLOG LV PDOQRXULVKHG LOO FODG DQG ZLWKRXW
SURSHUVKHOWHU
E(PRWLRQDOQHJOHFWLVZKHQWKHFKLOGLVPDOWUHDWHGUDSHGRUVHGXFHGZKHQ
FKLOG LV H[SORLWHG RYHUZRUNHG RU PDGH WR ZRUN XQGHU FRQGLWLRQV QRW
FRQGXFLYHWRJRRGKHDOWKRULVPDGHWREHJLQWKHVWUHHWVRUSXEOLFSODFHV
RUZKHQFKLOGLVLQPRUDOGDQJHURUH[SRVHGWRJDPEOLQJSURVWLWXWLRQDQG
YLFHV
$ FKLOG LV XQDWWHQGHG ZKHQ OHIW DORQH ZLWKRXW SURSHU VXSHUYLVLRQ DQG
SURYLVLRQV
$Q ([SORLWHG &KLOG LV D FKLOG ZKR ZDV LQGXFHG RU IRUFHG E\
SDUHQWVJXDUGLDQV RU RWKHU SHUVRQV RU FLUFXPVWDQFHV WR LQGXOJH LQ DFWLYLWLHV
ZKLFKHQGDQJHUKLVPRUDOHPRWLRQDODQGVRFLDOGHYHORSPHQW
$6DQFWXDU\+RPHLVDOLFHQVHGIRVWHUKRPHRUDFKLOGFDULQJIDFLOLW\LQWKH
DUHD
$FFUHGLWDWLRQ LVWKHSURFHVVRIHQVXULQJWKDWPLQLPXPVWDQGDUGVRIGD\FDUH
VHUYLFHVDUHPHW
$FFUHGLWHG'D\&DUH&HQWHU LVD'D\&DUH&HQWHUZKLFKPHHWVWKHPLQLPXP
VWDQGDUGVRI'D\&DUH6HUYLFH
,555$
SDJH
$Q $FFUHGLWHG 'D\ &DUH :RUNHU LV D FKLOG FDUH ZRUNHU WUDLQHG RQ HDUO\
FKLOGKRRG GHYHORSPHQW DQG ZKR KDV PHW WKH PLQLPXP UHTXLUHPHQWV RI D
'D\&DUH:RUNHU
6HFWLRQ7KHIROORZLQJJXLGHOLQHVVKDOOEHIROORZHGLQWKHLPSOHPHQWDWLRQRI'D\&DUH
6HUYLFH LQ WKHFRPPXQLW\
'HWHUPLQDWLRQRI1HHG
6RXUFHVRI'DWD7KHQXPEHURISUHVFKRROFKLOGUHQLQJLYHQEDUDQJD\
\HDUVROGVKDOOEHGHWHUPLQHGIURPWKHIROORZLQJVRXUFHV
D IDPLO\FRPPXQLW\VXUYH\
EEDUDQJD\GHPRJUDSKLFSURILOH
FUHVXOWVRIWKH2SHUDWLRQ7LPEDQJ
GRWKHUV
8VDJHRI'DWD
D 7KH GDWD VKDOO EH VKDUHG ZLWK WKH EDUDQJD\ FKDLUSHUVRQ ZKR ZLOO
VKDUHVDPHWRWKHFRPPXQLW\GXULQJDQDVVHPEO\7KH6XSHUYLVLQJ
6RFLDO :HOIDUH 2IILFHU 66:2 VKDOO H[SODLQ WR WKH EDUDQJD\
FRXQFLODQGWKHFRPPXQLW\WKHUDWLRQDOHIRUSURYLGLQJDFKLOGZLWK
DQHDUO\FKLOGKRRGGHYHORSPHQWDFWLYLWLHVDQGFRPHXSZLWKSODQVWR
HVWDEOLVK D GD\ FDUH FHQWHU LQ WKH DUHD 2QO\ RQH GD\ FDUH FHQWHU
VKDOO EH HVWDEOLVKHG LQ HYHU\ EDUDQJD\ 7KH 66:2 VKDOO OLNHZLVH
H[SODLQWKHQHHGIRUDQLQWDNHLQWHUYLHZZLWKWKHSDUHQWVWRIXUWKHU
LGHQWLI\WKHVSHFLILFQHHGVRIHDFKFKLOG
E$IWHUWKHFRPPXQLW\DVVHPEO\WKHVRFLDOZRUNHUVKDOOVFKHGXOHWKH
YLVLWVWRWKHIDPLOLHVRILGHQWLILHGFKLOGUHQIRUGD\FDUHIRULQWDNH
,QWDNH7KHLQWDNHVKDOOEHLQGLYLGXDOO\FRQGXFWHGE\WKH6XSHUYLVLQJ
6RFLDO :HOIDUH 2IILFHU WKURXJK KRPH YLVLW DQG LQWHUYLHZ XVLQJ WKH
DWWDFKHG LQWDNH IRUP $SSHQGL[ $ 'XULQJ WKH YLVLWWKH6XSHUYLVLQJ
6RFLDO:HOIDUH2IILFHUVKDOOH[SODLQWRWKHSDUHQWVWKHIROORZLQJ
D&RQVHQWRISDUHQWV
7KHSDUHQWVVKDOOVLJQWKHLQWDNHIRUPLQGLFDWLQJWKHLUFRQVHQWIRU
WKHLU FKLOGV WRWDO GHYHORSPHQW DQG SURWHFWLRQ +RZHYHU LQ FDVHV RI
FKLOGUHQ ZKR DUH DEXVHG QHJOHFWHG DQG H[SORLWHG VXFK FRQVHQW VKDOO
QRWEHUHTXLUHG
,555$
SDJH
7KHSDUHQWVVKDOOSUHVHQWWKHFKLOGVELUWKFHUWLILFDWHWRWKH66:2,I
WKH FKLOGV ELUWK LV QRW UHJLVWHUHG ZLWK WKH /RFDO &LYLO 5HJLVWUDU WKH
SDUHQWVVKDOOEHDVVLVWHGWRHQVXUHUHJLVWUDWLRQRIWKHFKLOGVELUWK
D,PPXQL]DWLRQ
7KH 6XSHUYLVLQJ 6RFLDO :HOIDUH 2IILFHU VKDOO UHFRUG WKH W\SHV
DQGGDWHVRILPPXQL]DWLRQRIWKHFKLOGLQWKHDWWDFKHG,QLWLDODQG
+HDOWK5HFRUG
D&KLOG'HYHORSPHQW&KHFNOLVW
&KLOGUHQQRWLPPXQL]HGVKDOOEHUHIHUUHGWRWKH+HDOWK&HQWHU
$UUDQJHPHQWV ZLWK WKH KHDOWK FHQWHU VKDOO EH PDGH IRU PDVV
LPPXQL]DWLRQ DQG PHGLFDO DQG SK\VLFDO FKHFNXS RI WKH
FKLOGUHQ
D(DUO\'HWHFWLRQDQG3UHYHQWLRQRI'LVDELOLW\
8VLQJ WKH &'& WKH 6XSHUYLVLQJ 6RFLDO :HOIDUH 2IILFHU DQG WKH
'&:VKDOOLGHQWLI\ZKRDPRQJWKHFKLOGUHQKDYHGLVDELOLWLHV,I
FKLOG LV IRXQG ZLWK GLVDELOLWLHV DQG LOOQHVVHV DSSURSULDWH UHIHUUDO
VKDOOEHPDGH
6HFWLRQ6HUYLFHVIRUFKLOGUHQDQGWKHLUIDPLOLHVLQWKHGD\FDUHFHQWHU
&DUHIRU&KLOGUHQ
&DUHIRUFKLOGUHQE\DQDFFUHGLWHG&KLOG&DUHZRUNHUGXULQJSDUWRIWKH
GD\RULIIHDVLEOHGXULQJWKHQLJKWZKLOHWKHLUSDUHQWVDUHDWZRUNVKDOO
EH SURYLGHG XQGHU WKH VXSHUYLVLRQ RI WKH 6XSHUYLVLQJ 6RFLDO :HOIDUH
2IILFHU
,555$
SDJH
(DUO\FKLOGKRRGGHYHORSPHQWDFWLYLWLHVVXFKDVYDOXHIRUPDWLRQPHQWDO
VWLPXODWLRQ DQG DFWLYLWLHV VXSHUYLVHG SOD\ VKDOO EH SURYLGHG WR WKH
FKLOGUHQ
0RQLWRULQJ RI JURZWK DQG QXWULWLRQ RI FKLOGUHQ VKDOO EH UHJXODUO\
PRQLWRUHGE\WKH'D\&DUH:RUNHURQDPRQWKO\EDVLV
0DOQRXULVKHG FKLOGUHQ VKDOO EH UHIHUUHG WR WKH '6:' 8QLW 2IILFH IRU
VXSSOHPHQWDOIHHGLQJ
6DQFWXDU\IRUDEXVHGQHJOHFWHGRUH[SORLWHGFKLOGUHQ
)RVWHU KRPHV VKDOO EH GHYHORSHG DQG PDLQWDLQHG E\ WKH 6HQLRU 6RFLDO
:RUNHURI'6:'ZKHUHDEXVHGQHJOHFWHGRUH[SORLWHGFKLOGUHQVKDOO
EHWHPSRUDULO\SODFHGIRUSURWHFWLYHFXVWRG\
,IWKHUHLVDOLFHQVHGFKLOGFDULQJIDFLOLW\LQWKHDUHDFRRUGLQDWLRQVKDOO
EHPDGHE\WKH6HQLRU6RFLDO:RUNHUIRUUHIHUUDORIDEXVHGQHJOHFWHG
DQG H[SORLWHGFKLOGUHQ
$ EDUDQJD\ OHYHO VXSSRUW V\VWHP RU D EDUDQJD\ OHYHO %DQWD\ %DWD
VKDOOEHHVWDEOLVKHGWRXUJHQWO\UHVSRQGWRWKHQHHGVRIWKHYLFWLPVDQG
WR SUHYHQW IXUWKHU DEXVH QHJOHFW DQG H[SORLWDWLRQ &RRUGLQDWLRQ ZLWK
WKH %DUDQJD\ &RXQFLO IRU WKH 3URWHFWLRQ RI &KLOGUHQ %&3& RU LQ LWV
DEVHQFH WKH %DUDQJD\ 'HYHORSPHQW &RXQFLO RU DQ\ ([LVWLQJ
RUJDQL]DWLRQ VKDOO EH PDGH 7KH VDPH JURXS VKDOO EH UHVSRQVLEOH IRU
WKH SUHYHQWLRQ RI DEXVH QHJOHFW DQG H[SORLWDWLRQ LQ WKHLU UHVSHFWLYH
DUHDV ZKLFK LQFOXGHV LQIRUPDWLRQ GLVVHPLQDWLRQ HGXFDWLRQ DGYRFDF\
7KH\ VKDOO DOVR EH UHVSRQVLEOH IRU WKH SURWHFWLRQ DQG UHKDELOLWDWLRQ RI
WKH YLFWLPV DQG DVVLVWDQFH WR WKHLU IDPLOLHV 3DUW RI WKH JURXSV
UHVSRQVLELOLW\ VKDOO EH WR SURYLGH VXUYHLOODQFH RQ LOOHJDO DERUWLRQV DQG
WKHSUHVHQFHRILQFRPSHWHQWDQGXQWUDLQHGKLORWV
5HIHUUDODQG6XSSRUW6\VWHPIRU3UHJQDQW0RWKHUV
$OOSUHJQDQWPRWKHUVRI'D\&DUHFKLOGUHQVKDOOEHPRWLYDWHGWRKDYH
SUHQDWDODQGQHRQDWDOFDUHDQGVKDOOEHUHIHUUHGWRWKH+HDOWK&HQWHU
$SSURSULDWH VXSSOHPHQWDO IHHGLQJ VKDOO EH H[WHQGHG WR SUHJQDQW
PRWKHUVZKRVHFKLOGUHQDUHHQUROOHHVLQWKH)HHGLQJ&HQWHUV2WKHUV
ZKRDUHQRWXQGHUWKLVFDWHJRU\VKDOOEHUHIHUUHGWRWKH'HSDUWPHQWRI
+HDOWK XQGHU WKHLU)RRG$VVLVWDQFH3URJUDP
7KHXQWUDLQHGKLORWVVKDOOEHSURYLGHGDWWKH5XUDO+HDOWK8QLWZLWKWKH
QHHGHG EDVLF WUDLQLQJ IRU QRUPDO GHOLYHU\ DQG DOVR EH WUDLQHG WR
UHFRJQL]HKLJKULVNSUHJQDQFLHV
,555$
SDJH
6HFWLRQ6HOHFWLRQRID'D\&DUH:RUNHU
7KHIROORZLQJDUHWKHTXDOLILFDWLRQVRIDGD\FDUHZRUNHU
0XVWEHIHPDOHEHWZHHQWR\HDUVROGVLQJOHRUPDUULHG
0XVWEHDWOHDVWDKLJKVFKRROJUDGXDWH
0XVWEHDUHVLGHQWRIWKHEDUDQJD\
0XVWEHSK\VLFDOO\KHDOWK\LISK\VLFDOO\GLVDEOHGVKHVKRXOGEHFDSDEOH
RISHUIRUPLQJWKHUHTXLUHGWDVNV
0XVWKDYHDJRRGPRUDOFKDUDFWHU
0XVWSUHIHUDEO\KDYHH[SHULHQFHLQZRUNLQJZLWKSUHVFKRROFKLOGUHQ
0XVWXQGHUJRWUDLQLQJDQGDFFHSWWHFKQLFDOVXSHUYLVLRQIURP'6:'
0XVWUHQGHUIXOOWLPHVHUYLFHDVGD\FDUHZRUNHUDQG
0XVWVLJQDFRQWUDFWWRVHUYHDVGD\FDUHZRUNHUIRUDWOHDVW\HDUVDQG
VHUYHDVVXFKEDVHGRQDVDWLVIDFWRU\SHUIRUPDQFH
3URFHGXUHIRU6HOHFWLRQ
,QLWLDO VFUHHQLQJ VKDOO EH PDGH E\ WKH 6XSHUYLVLQJ 6RFLDO :HOIDUH
2IILFHU LQ FRRUGLQDWLRQZLWKWKH%DUDQJD\&RXQFLOIRUWKH3URWHFWLRQRI
&KLOGUHQ %&3& LI H[LVWLQJ ,I QRW FRRUGLQDWLRQ VKDOO EH ZLWK WKH
%DUDQJD\'HYHORSPHQW&RXQFLO
4XDOLILHG DSSOLFDQWV VKDOO EH HQGRUVHG WR D 0XQLFLSDO ,QWHUDJHQF\
FRPPLWWHH FRPSRVHGRIWKH'6:'',/*'2+'(&6DQG/*8IRU
ILQDOVFUHHQLQJDQGVHOHFWLRQ
&KDLUPDQVKLSRIWKH0XQLFLSDO,QWHUDJHQF\&RPPLWWHHVKDOOEHJLYHQ
WR WKH UHSUHVHQWDWLYH RI WKH ORFDO JRYHUQPHQW XQLW SUHIHUDEO\ WKH
&KDLUPDQRIWKH6RFLDO6HUYLFH&RPPLWWHH
6HFWLRQ7UDLQLQJRI'D\&DUH:RUNHUV
,555$
SDJH
6HFWLRQ$FFUHGLWDWLRQRI'D\&DUH:RUNHUDQG'D\&DUH&HQWHU
0LQLPXP6WDQGDUGVIRU$FFUHGLWDWLRQ
0LQLPXP VWDQGDUGV IRU WKH DFFUHGLWDWLRQ RI GD\ FDUH FHQWHU VKDOO EH
VHSDUDWHDQGVKDOOEHVHWE\WKH%XUHDXRI&KLOGDQG<RXWK:HOIDUHWKH
'HSDUWPHQWRI6RFLDO:HOIDUHDQG'HYHORSPHQW
$FFUHGLWDWLRQ DVVHVVPHQW VKDOO EH FRQGXFWHG E\ WKH '6:' &HQWUDO
2IILFH5HJLRQDO3URYLQFLDO2IILFHEDVHGRQWKHVWDQGDUGVVHWDQGWREH
IRUZDUGHGWRWKH%XUHDXIRUWKHLVVXDQFHRIDFFUHGLWDWLRQFHUWLILFDWH
'D\ FDUH FHQWHUV RSHUDWHG E\ QRQJRYHUQPHQW DJHQFLHV VKDOO EH
DFFUHGLWHGXSRQLVVXDQFHRIDOLFHQVHWRRSHUDWHWRWKHDJHQF\
6XVSHQVLRQRU5HYRFDWLRQRI$FFUHGLWDWLRQ
$FFUHGLWDWLRQ PD\ EH VXVSHQGHG RU UHYRNHG XQGHU WKH IROORZLQJ
FLUFXPVWDQFHV
D 7KHFHQWHULVEHLQJXVHGIRULPPRUDOSXUSRVHV
E7KHFKLOGUHQDUHEHLQJQHJOHFWHG
F7KHFHQWHULVVRXQVDQLWDU\VRDVWRPDNHLWXQILWIRUFKLOGUHQ
G7KHFHQWHULVORFDWHGLQDSODFHZKHUHFKLOGUHQDUHXQGXO\H[SRVHGWR
GDQJHU
H 7KH FHQWHU KDV E\ DQ\ DFW RU RPLVVLRQ VKRZQ LWV LQFRPSHWHQFH RU
XQZRUWKLQHVVWRFRQWLQXHFDULQJIRUFKLOGUHQDQG
6HFWLRQ0RQLWRULQJDQG(YDOXDWLRQ
7HFKQLFDO DVVLVWDQFH VKDOO EH SURYLGHG E\ WKH 5HJLRQDO 2IILFH DQG WKH
%XUHDXRIPDLQWDLQVWDQGDUGV
5HJXODUDXGLWVKDOOEHFRQGXFWHGE\WKH%XUHDXWRGHWHUPLQHHIIHFWLYHQHVVRI
WKHVHUYLFHWRWKHFKLOGUHQ
,555$
SDJH
6HFWLRQ&ULWHULDIRU(OLJLELOLW\IRU7KH0RQWKO\$OORZDQFH
0XVWEHDQDFFUHGLWHG'D\&DUH:RUNHULQDQDFFUHGLWHG'D\&DUH&HQWHU
0XVWFRQGXFWVHVVLRQVRQ(&'DFWLYLWLHVWKURXJKRXWWKH\HDU
6HFWLRQ7UDQVLWRU\3URYLVLRQV
$OODFFUHGLWHG'D\&DUH:RUNHUVZKRKDYHEHHQLQWKHVHUYLFHSULRUWRWKH
DSSURYDO RI WKH $FW VKDOO EH HQWLWOHG WR WKH PRQWKO\ DOORZDQFH HIIHFWLYH
-DQXDU\
$'D\&DUH:RUNHUKROGLQJWZRDFFUHGLWHGFHQWHUVLQVHSDUDWHEDUDQJD\VLV
RQO\DOORZHGWRUHFHLYH3PRQWKO\DOORZDQFH+RZHYHULQWKH
'&:PXVWRQO\FRQFHQWUDWHLQRQH'D\&DUH&HQWHU
)RUQHZ'D\&DUH:RUNHUVLQWKH\VKDOORQO\UHFHLYHWKHDOORZDQFH
XSRQDVVXPSWLRQWRGXW\SURYLGHGWKH\DUHDFFUHGLWHG
6HFWLRQ,PSOHPHQWLQJ$JHQFLHV
7KH 7RWDO 'HYHORSPHQW DQG 3URWHFWLRQ IRU &KLOGUHQ 3URJUDP VKDOO EH
LPSOHPHQWHG E\ WKH 6DQJJXQLDQJ %DUDQJD\ ,W PD\ FDOO XSRQ SULYDWH
YROXQWHHUV WR DVVLVW LQ WKH FDUH DQG SURYLVLRQ RI FRQVXOWDWLYH VHUYLFHV WR
FKLOGUHQ
7KH'HSDUWPHQWRI6RFLDO:HOIDUHDQG'HYHORSPHQWVKDOOEHUHVSRQVLEOHIRU
WKHIROORZLQJ
)RUPXODWLRQ RI WKH FULWHULD IRU VHOHFWLRQ TXDOLILFDWLRQV WUDLQLQJ DQG
DFFUHGLWDWLRQRIGD\FDUHZRUNHUV
6HWWLQJRIVWDQGDUGVIRUWKHLPSOHPHQWDWLRQRIWKHGD\FDUHSURJUDP
&RRUGLQDWLRQ RI DFWLYLWLHV RI WKH JRYHUQPHQW DQG QRQJRYHUQPHQW
RUJDQL]DWLRQ UHODWLYH WR WKH WRWDO GHYHORSPHQW DQG SURWHFWLRQ RI
FKLOGUHQ
3URWHFWLRQ DQG DVVLVWDQFH RI DEXVHG QHJOHFWHG RU H[SORLWHG FKLOGUHQ
DQGFDOOXSRQRWKHUJRYHUQPHQWDJHQFLHVWRKHOSVDLGFKLOGUHQ
,555$
SDJH
7KH'HSDUWPHQWRI,QWHULRUDQG/RFDO*RYHUQPHQWVKDOOEHWDVNHGWR
2UJDQL]HWKH%DUDQJD\&RXQFLOIRUWKH3URWHFWLRQRI&KLOGUHQLQHYHU\
EDUDQJD\
6HFWLRQ)XQGV
7KH PRQWKO\ DOORZDQFH RI QRW OHVV WKDQ 3 IRU RQH DFFUHGLWHG 'D\
&DUH:RUNHUSHUEDUDQJD\VKDOOEHWDNHQIURPWKHEXGJHWRIWKH'HSDUWPHQW
RI6RFLDO:HOIDUHDQG'HYHORSPHQWDSSURSULDWHGIRUWKDWSXUSRVH
%XGJHWIRUWKHHVWDEOLVKPHQWRIQHZ'D\&DUH&HQWHUVLQVHOHFWHGGHSUHVVHG
EDUDQJD\V VKDOO EH VXEMHFW WR WKH DYDLODELOLW\ RI IXQGV +RZHYHU WKH
FRQFHUQHG FLW\ SURYLQFH RU PXQLFLSDOLW\ VKDOO SURYLGH ILQDQFLDO DVVLVWDQFH
IRU WKH HVWDEOLVKPHQW RI D EDUDQJD\ GD\ FDUH FHQWHU ZLWKLQ WKHLU UHVSHFWLYH
ORFDOLW\
7KH 2IILFH RI WKH3UHVLGHQWVKDOOH[WHQGILQDQFLDODVVLVWDQFHLQVXSSRUW RI
WKH 'D\ &DUH &HQWHUV WR EH WDNHQ IURP D SRUWLRQ RI KHDOWK SURJUDPV XQGHU
RIILFLDODLGRURIILFLDOGHEWDUUDQJHPHQWVIURPIRUHLJQFRXQWULHV
)RUFRPSOLDQFH
,555$
6*'0,7$3$5'2'(7$9(5$0'
6HFUHWDU\
'HSDUWPHQWRI6RFLDO:HOIDUH 'HYHORSPHQW
SDJH