C4;0
&..,
'
(=<%

 #ŋF@@ŋ$
7KDQN\RXIRUGRZQORDGLQJWKLVSURGXFW,KRSH\RXZLOOHQMR\
XVLQJLWDQGWKDWLWZLOOEHDYDOXDEOHUHVRXUFHIRU\RX,YDOXH\RXU
IHHGEDFNVRSOHDVHGRQ¢WKHVLWDWHWRFRQWDFWPHLI\RXKDYHDQ\
FRQFHUQVZKDWVRHYHUDV,ZLOOHQGHDYRXUWRDGGUHVVWKHP$QGLI\RX
OLNHZKDW,¢YHGRQHSOHDVHOHWPHNQRZE\OHDYLQJIHHGEDFNDWP\
RQOLQHVWRUH

/DYLQLD
ODYLQLD#LQP\ZRUOGFRPDX
,//8675$7,216-XVW6R6FUDSS\3LQN&DW6WXGLR7HDFKHU6FUDSERRN/LWWOH5HG-HVVLFD:HLEOH
,OOXVWUDWLRQV'DQFLQJ&UD\RQ'HVLJQV%OXH%HHV:RUNVKRS5DPRQD0DMGLV.DUL%ROW:KLPV\&OLSV
ZZZMXVWVRVFUDSS\WRRFRP ZZZSLQNFDWVWXGLRFRP ZZZWHDFKHUVSD\WHDFKHUVFRP6WRUH7HDFKHUVFUDSERRN
ZZZWHDFKHUVSD\WHDFKHUVFRP6WRUH/LWWOHUHG ZZZVKRSMZLOOXVWUDWLRQVFRP ZZZGDQFLQJFUD\RQFRP
ZZZWHDFKHUVSD\WHDFKHUVFRP6WRUH%OXH%HHV:RUNVKS ZZZWHDFKHUVSD\WHDFKHUVFRP6WRUH5DPRQD0DMGLV
ZZZWHDFKHUVSD\WHDFKHUVFRP6WRUH.DUL%ROWZZZWHDFKHUVSD\WHDFKHUVFRP6WRUH:KLPV\&OLSV

)2176ZZZVFKRROIRQWVFRPDXZZZWHDFKHUVSD\WHDFKHUVFRP6WRUH.LPEHUO\*HVZHLQ)RQWV

'46467KLVUHVRXUFHKDVEHHQGHVLJQHGIRUSULQWLQJRQ$VL]HGSDSHU,I\RXDUHSULQWLQJRQD
GLIIHUHQWVL]HVHOHFWŸVKULQNWRSULQWDEOHDUHD RUŸSULQWWRILWSDJH RUDVLPLODURSWLRQLQRUGHUIRUWKH
FRQWHQWVRIWKLVXQLWWRSULQWFRUUHFWO\

&RS\ULJKWˆE\/DYLQLD3RS$OOULJKWVUHVHUYHGE\DXWKRU

3XUFKDVHRIWKLVLWHPHQWLWOHVWKHSXUFKDVHUWKHULJKWWRUHSURGXFHWKHSDJHVIRUSHUVRQDODQGFODVVURRPXVH
'XSOLFDWLRQIRURWKHUFODVVHVDQHQWLUHVFKRRORUFRPPHUFLDOSXUSRVHVLVVWULFWO\SURKLELWHGZLWKRXWZULWWHQ
SHUPLVVLRQIURPWKHDXWKRU0LQRUHGLWLQJLVSHUPLWWHGRQO\IRUSHUVRQDOXVHKRZHYHUWKHGRFXPHQWUHPDLQV
XQGHUFRS\ULJKWHYHQZKHQHGLWHG3RVWLQJWKLVLWHPLQZKROHRULQSDUWRQWKH,QWHUQHWLQDQ\IRUPLVVWULFWO\
SURKLELWHGDQGLVDYLRODWLRQRIWKH'LJLWDO0LOOHQQLXP&RS\ULJKW$FW'0&$
3OHDVHEHIDLUDQGGRQ¢WVKDUH,I\RXDUHQRWWKHRULJLQDOSXUFKDVHURIWKLVILOHSOHDVHYLVLWP\EORJWRREWDLQ
DOLQNWRRQHRIP\RQOLQHVWRUHVZZZLQP\ZRUOGFRPDX

&OLFNWRFRQQHFW
ZZZLQP\ZRUOGFRPDX ZZZIDFHERRNFRPLQP\ZRUOGODYLQLDSRS ZZZZZZSLQWHUHVWFRPODYLQLDSRS
;=%=8
,QWURGXFWLRQ 
3RVWHUZLWKFRUUHFWOHWWHUIRUPDWLRQ 
3RVWHUZLWK&9&ZRUGV 
)ODVKFDUGVZLWKFRUUHFWOHWWHUIRUPDWLRQ 
3OD\GRXJKPDWZLWKFRUUHFWOHWWHUIRUPDWLRQ 
:ULWHDQGZLSHFDUGVZLWKFRUUHFWOHWWHUIRUPDWLRQ 
:ULWHDQGZLSHOHWWHUPDW 
9RFDEXODU\FDUGV 
'RJJLH:KHUH¢VWKH6RXQG"JDPH 
%XLOGDVHQWHQFHFHQWHU 
/HWWHUIOLSERRN 
$FWLYLW\PLQLERRN 
$OSKDEHWUHDGHU 
0LVVLQJOHWWHUFXWDQGSDVWHUHDGHU 
3LFWXUHVFUDPEOHFXWDQGSDVWHERRNOHW 
/HWWHUPD]H 
)RQWGLVFULPLQDWLRQPD]H 
+LGGHQOHWWHUZRUNVKHHWVHWV 
%HJLQQLQJVRXQGVFRORXULQJZRUNVKHHW 
/HWWHUILQG 
+DQGZULWLQJSUDFWLFH 
8SSHUDQGORZHUFDVHFXWDQGSDVWH 
%HJLQQLQJVRXQGVFXWDQGSDVWH 
&9&ZRUGVFXWDQGSDVWH 
&9&ZRUGPDWFK 
/HWWHULGHQWLILFDWLRQZRUNVKHHW 
%XLOGDVHQWHQFHFXWDQGSDVWHZRUNVKHHWVHWRI 
+RPHZRUNUHDGLQJVKHHW 
$OSKDEHWFURZQ 
/HWWHUFUDIW 
=1B=@
"CPVU
UIJT
CPPL
7KLV3KRQLFV/HWWHURIWKH:HHNXQLWKDVEHHQGHVLJQHGWREHXVHGZLWKFKLOGUHQLQ.LQGHUJDUWHQ
3UHS,WFRQWDLQVDYDULHW\RIJDPHVDFWLYLWLHVDQGZRUNVKHHWVWKDWZLOOKHOSWHDFKFRUUHFWOHWWHU
IRUPDWLRQOHWWHULGHQWLILFDWLRQDQGUHFRJQLWLRQRIOHWWHUVRXQG

7KHSXUSRVHRIFUHDWLQJWKH3KRQLFV/HWWHURIWKH:HHNVHULHVWRZKLFKWKLVXQLWEHORQJVZDVWR
SURYLGHDPHDQVE\ZKLFKRQHOHWWHURIWKHDOSKDEHWFRXOGEHWDXJKWDWDWLPH$JUHDWHPSKDVLVLV
SODFHGRQOHWWHUVRXQGVZKLFKPDNHVWKLVDQLGHDOWRROIRUWHDFKLQJSKRQLFV

%JSFDUJPOT
GPS
VTF
%HIRUH\RXEHJLQ
+DYHWKHFKLOGUHQVD\RXWORXGWKHVRXQGRIWKHOHWWHUHDFKWLPHWKH\ZRUNRQDWUDFLQJZRUNVKHHW
WKLVZLOOUHLQIRUFHWKHUHODWLRQVKLSEHWZHHQWKHOHWWHUDQGWKHVRXQGLWPDNHV,QDGGLWLRQWRWKLV
FKLOGUHQZLOOUHPHPEHUWKHVRXQGVDVWKH\EHJLQWRUHDGODWHURQDQGWKRVHWKDWKDYHWURXEOHZLWK
UHYHUVDOVVXFKDVWKHOHWWHUVEDQGGZLOOUHPHPEHUWKDWŸE VWDUWVDWWKHWRSDQGŸG VWDUWVDW
WKHFLUFOH

)ROORZLQJLVDQRXWOLQHRIZKDW\RXZLOOILQGLQWKLVERRNDQGVXJJHVWLRQVIRULPSOHPHQWLQJWKHFRQWHQW
LQ\RXUFODVVURRPRUKRPH

3RVWHUZLWKFRUUHFWOHWWHUIRUPDWLRQ
7RSUHSDUHWKHSRVWHUIRUXVHSULQWODPLQDWHDQGGLVSOD\RQ\RXUZDOO

3RVWHUZLWK&9&ZRUGV
7KLVSRVWHUGLVSOD\V&9&ZRUGVWKDWHLWKHUEHJLQZLWKRUFRQWDLQWKHOHWWHULQIRFXV7RVHWXS
SULQWODPLQDWHDQGGLVSOD\RQ\RXUZDOORULQFOXGHLWLQDILOHIROGHUZRUGZDOO3OHDVHQRWHVRPH
YRZHOXQLWVGRQRWFRQWDLQ&9&ZRUGVRUGLVSOD\ZRUGV

)ODVKFDUGVZLWKFRUUHFWOHWWHUIRUPDWLRQ
7KHVHFDUGVGLVSOD\FRUUHFWOHWWHUIRUPDWLRQIRUERWKXSSHUDQGORZHUFDVHOHWWHUV7KH\FDQEH
XVHGDVIODVKFDUGVWUDFLQJFDUGVRUHYHQGLVSOD\HGDVSRVWHUV7RSUHSDUHWKHFDUGVIRUXVHSULQW
WKHPRXWODPLQDWHIRUGXUDELOLW\DQGWKHQFXWWKHPDSDUWRSWLRQDO

3OD\GRXJKPDWZLWKFRUUHFWOHWWHUIRUPDWLRQ
&KLOGUHQZLOOKDYHORWVRIIXQXVLQJSOD\GRXJKWRUHSURGXFHWKHOHWWHUVRQWKHPDW7KH\ZLOOOHDUQ
FRUUHFWOHWWHUIRUPDWLRQDQGEXLOGXSWKHLUILQHPRWRUVNLOOVLQSUHSDUDWLRQIRUZULWLQJ7RVHWXSSULQW
DQGODPLQDWH&XWLQKDOILI\RXZDQWVHSDUDWHFDUGV
:ULWHDQGZLSHFDUGVZLWKFRUUHFWOHWWHUIRUPDWLRQ
&KLOGUHQFDQSUDFWLFHFRUUHFWOHWWHUIRUPDWLRQRYHUDQGRYHUZLWKWKHVHFDUGVXVLQJDGU\HUDVH
ZKLWHERDUGPDUNHU7RSUHSDUHWKHFDUGVIRUXVHSULQWODPLQDWHDQGFXWRXW7RNHHSWKHFDUGV
WRJHWKHUPDNHDKROHLQWKHWRSOHIWKDQGFRUQHUDQGVHFXUHZLWKDNH\ULQJRUSLSHFOHDQHU

:ULWHDQGZLSHOHWWHUPDW
7KLVPDWKDVEHHQGHVLJQHGIRUXVHLQD:ULWHDQG:LSHFHQWHUZLWKDGU\HUDVHZKLWHERDUG
PDUNHU&KLOGUHQWUDFHERWKXSSHUDQGORZHUFDVHOHWWHUVDZRUGWKDWEHJLQVZLWKWKHIRFXVOHWWHU
DQG&9&ZRUGVWKDWEHJLQZLWKRUFRQWDLQWKHIRFXVOHWWHU7RSUHSDUHSULQWDQGODPLQDWH

9RFDEXODU\FDUGV
7KLVVHWFRQWDLQVYRFDEXODU\FDUGVWKDWEHJLQZLWKWKHIRFXVOHWWHUDQGRUFDUGVWKDW
FRQWDLQRUHQGZLWKIRFXVOHWWHU7KHVHFDQEHXVHGDV
YRFDEXODU\IODVKFDUGV
DPDWFKLQJFDUGJDPHIRUZKLFK\RXZLOOQHHGWRSULQWVHWV
7RSUHSDUHIRUXVHSULQWODPLQDWHDQGFXWWKHFDUGVDSDUW
,KDYHDOVRLQFOXGHGD:ULWHWKH5RRPDFWLYLW\ZRUNVKHHW&KLOGUHQZULWHGRZQDVPDQ\ZRUGVWKDW
EHJLQZLWKWKHIRFXVOHWWHUWKDWWKH\FDQVHHLQWKHURRP

6RXQG+RXQGFHQWHUDFWLYLW\
6HW8S3ULQWODPLQDWHDQGFXWRXWWKHGRJ\RXSUHIHUWRXVHDQGWKHSLFWXUHFDUGV&XWWKHGRJ
GRZQWKHGRWWHGOLQHVWRVHSDUDWHWKHKHDGPLGGOHDQGWDLOVHFWLRQV
(DFKFDUGGLVSOD\VDSLFWXUHZLWKWKHIRFXVOHWWHUDERYHLW7KHDLPLVIRUFKLOGUHQWRLGHQWLI\WKH
SRVLWLRQRIWKHOHWWHUEHJLQQLQJKHDGPLGGOHWXPP\RUHQGWDLODVWKH\VD\HDFKZRUGDQGSODFH
WKHFDUGVXQGHUWKHFRUUHVSRQGLQJGRJVHFWLRQ7KH\WKHQFRPSOHWHWKHDFFRPSDQ\LQJZRUNVKHHW
7KHZRUNVKHHWFDQDOVREHXVHGLQGHSHQGHQWO\RIWKHFHQWHUDFWLYLW\

%XLOGDVHQWHQFH
6HW8S3ULQWWKHFRQWHQWVRIWKLVSDJHDQGODPLQDWHLWIRUGXUDELOLW\&XWRXWWKHVHQWHQFHEDVH
HQWLUHILVWURZDQGDORQJWKHGRWWHGOLQHVRIWKHSLFWXUHFDUGVWRREWDLQVTXDUHV<RXPD\VWRUH
WKHVHLQDODUJH]LSORFNEDJ
7KHDLPRIWKLVJDPHLVWRSUDFWLFHUHDGLQJDSUHGLFWDEOHVHQWHQFHXVLQJGLIIHUHQWYRFDEXODU\ZRUGV
WKDWEHJLQZLWKWKHIRFXVOHWWHU&KLOGUHQFKRRVHDSLFWXUHFDUGIURPWKHSLOHDQGSODFHLWRYHUWKH
FRORXUHGVTXDUHRQWKHVHQWHQFHIUDPHWKHQUHDGWKHVHQWHQFHRXWORXG,KDYHLQFOXGHGD
UHFRUGLQJVKHHWFKLOGUHQWRFRPSOHWHRQFHWKH\ILQLVKWKHDFWLYLW\

$OSKDEHWIOLSERRN
6HW8S$VVHPEO\LVUHTXLUHGHLWKHUE\WHDFKHURUVWXGHQWV<RXZLOOQHHGWRFXWDURXQGHDFK
UHFWDQJOHER[WKHQDORQJWKHGDVKHGOLQHVRIWKHERWWRPRQH0DNHVXUHWKDWWKHWRSUHFWDQJOHLV
OHIWLQWDFWDVLWZLOOIRUPWKHEDVHIRUWKHIOLSERRN$UUDQJHWKHZRUGFDUGVRQHRQWRSRIWKH
RWKHUDQGVWDSOHWKHPWRWKHEDVH6WXGHQWVZLOOKDYHORWVRIIXQUHDGLQJWKHLUERRNVRYHUDQGRYHU
DJDLQWRIULHQGVDQGIDPLO\,KDYHLQFOXGHGDFRXSOHRIUHFRUGLQJVKHHWVIRUWKLVDFWLYLW\
$FWLYLW\PLQLERRN
$IROGDEOHPLQLERRNZLWKGLIIHUHQWDFWLYLWLHVOHWWHULGHQWLILFDWLRQEHJLQQLQJVRXQGVDQGOHWWHU
WUDFLQJ6LPSO\IROGWKHSDJHYHUWLFDOO\GRZQWKHPLGGOHDQGWKHQKRUL]RQWDOO\WRFUHDWHWKHERRN

$OSKDEHWUHDGHU
6HW8S,KDYHLQFOXGHGYHUVLRQVRIWKLVDFWLYLW\EODFNDQGZKLWHDQGFRORXUHG2QFH\RXKDYH
VHOHFWHG\RXUSUHIHUUHGYHUVLRQSULQWWKHQHLWKHUWHDFKHURUVWXGHQWZLOOQHHGWRFXWHDFKSDJHLQ
KDOIDQGVWDSOHRQWKHOHIWKDQGPDUJLQWRIRUPDERRN&KLOGUHQSUDFWLFHUHDGLQJDSUHGLFWDEOH
VHQWHQFHWKDWXVHVWKHPRVWFRPPRQVLJKWZRUGVDQGVLPSOHZRUGVPRVWO\&9&WKDWEHJLQZLWK
WKHIRFXVOHWWHU

0LVVLQJOHWWHUFXWDQGSDVWHUHDGHU
6HW8S2QFHSULQWHGSODFHHDFKSDJHRQWRSRIHDFKRWKHULQRUGHUFXWLQKDOIDQGVWDSOHWR
PDNHERRNOHWV$OVRFXWWKHODVWSDJHVRWKDW\RXZLOOJHWVWULSVRIOHWWHUSDLUV&KLOGUHQDUH
UHTXLUHGWRFXWWKHSDLUVDSDUWDQGSDVWHRQHRQHDFKSDJHRIWKHLUERRNOHWDQGWKHQUHDGWKH
VHQWHQFHRQWKHSDJH

3LFWXUHVFUDPEOHFXWDQGSDVWHERRNOHW
6HW8S3ULQWWKHSDJHVVWDFNWKHPRQWRSRIHDFKRWKHUDQGFXWLQKDOIWRIRUPERRNOHWV
6WDSOHHDFKRQH3ULQWWKHHQGVFUDPEOHGSLFWXUHWLOHVDQGOHDYHLWDVLVFKLOGUHQZLOOFXWWKHVHWLOHV
DSDUWDQGXVHGWKHPWREXLOGWKHZRUGVLQVLGHWKHLUERRNOHWV2QFHDOOWKHZRUGVKDYHEHHQEXLOW
WKHULJKWKDQGFROXPQRQHDFKSDJHPD\EHFRPSOHWHGE\FRORXULQJWKHZRUGWUDFLQJLWWKHQ
ZULWLQJLW

/HWWHUPD]H
&KLOGUHQFRPSOHWHWKLVZRUNVKHHWE\FRORXULQJWKHVTXDUHVWKDWFRQWDLQWKHIRFXVXSSHUDQGORZHU
FDVHOHWWHUV7KHDLPLVWRPDNHDSDWKZD\IURPRQHHQGRIWKHPD]HWRWKHRWKHU

)RQWGLVFULPLQDWLRQPD]H
&KLOGUHQFRPSOHWHWKLVZRUNVKHHWE\FRORXULQJWKHFLUFOHVWKDWFRQWDLQWKHOHWWHULQIRFXV7KHDLPLV
WRKHOSFKLOGUHQUHFRJQLVHWKHIRFXVOHWWHUZULWWHQLQGLIIHUHQWIRQWV

+LGGHQOHWWHUZRUNVKHHWSDJHV
&KLOGUHQUHYHDOWKHKLGGHQOHWWHUE\FRORXULQJHDFKVHFWLRQXVLQJWKHFRORXUVLQGLFDWHGDWWKHWRS
RIWKHSDJH

%HJLQQLQJVRXQGVFRORXULQJZRUNVKHHW
&KLOGUHQFRORXUWKHSLFWXUHVWKDWEHJLQZLWKWKHIRFXVVRXQG

/HWWHU)LQG
&KLOGUHQVHDUFKIRUERWKXSSHUDQGORZHUFDVHOHWWHUVWKHQZULWHWKHQXPEHURIWLPHVHDFKRQH
ZDVIRXQGLQWKHFLUFOHVRQWKHOHIWKDQGVLGH
+DQGZULWLQJSUDFWLFHGRWWHGDQGFRQWLQXRXVOLQHYHUVLRQLQFOXGHG
&KLOGUHQSUDFWLFHZULWLQJERWKXSSHUDQGORZHUFDVHOHWWHUV

8SSHUDQGORZHUOHWWHUVRUWGRWWHGDQGFRQWLQXRXVOLQHYHUVLRQLQFOXGHG
7KHPDLQIRFXVRIWKLVZRUNVKHHWLVRQORZHUDQGXSSHUFDVHOHWWHULGHQWLILFDWLRQ&KLOGUHQWUDFHWKH
OHWWHUVWKHQFXWRXWWKHOHWWHUIURPWKHERWWRPRIWKHSDJHDQGSDVWHWKHPLQWKHFRUUHFWFROXPQ
WRVKRZZKLFKRQHVDUHXSSHUFDVHDQGWKRVHWKDWDUHORZHUFDVH

%HJLQQLQJVRXQGVFXWDQGSDVWHGRWWHGDQGFRQWLQXRXVOLQHYHUVLRQLQFOXGHG
&KLOGUHQEHJLQWKLVZRUNVKHHWE\WUDFLQJWKHXSSHUDQGORZHUFDVHOHWWHUVDWWKHWRSRIWKHSDJH
DQGWKHQFXWRXWWKHSLFWXUHVIURPWKHERWWRPRIWKHSDJHDQGSDVWHWKHPLQWKHFRUUHFWFROXPQ
WRVKRZZKHWKHUWKH\EHJLQRUGRQ¢WEHJLQZLWKWKHIRFXVVRXQG

:RUGPDUFKFXWDQGSDVWHGRWWHGDQGFRQWLQXRXVOLQHYHUVLRQLQFOXGHG
&KLOGUHQUHDGWKHZRUGVLQWKHOHIWKDQGFROXPQDQGWKHQWUDFHWKHP7RGHPRQVWUDWH
FRPSUHKHQVLRQWKH\DUHDVNHGWRFXWWKHSLFWXUHVIURPWKHERWWRPRIWKHSDJHDQGSDVWHWKHP
QH[WWRWKHPDWFKLQJZRUG)LQDOO\WKH\ZULWHWKHZRUGVLQWKHULJKWKDQGFROXPQ

&9&UHDGPDWFKZULWH
&KLOGUHQUHDGWKHZRUGVLQWKHOHIWFROXPQDQGWKHQGUDZDOLQHWRPDWFKWKHPWRWKHFRUUHFW
SLFWXUHVLQWKHPLGGOH1H[WFKLOGUHQZULWHWKHZRUGVLQWKHER[HVRQWKHULJKWVLGHRIWKHSDJHDQG
WKHQGUDZOLQHVWRPDWFKWKHPWRWKHSLFWXUHVWRR

+RPHZRUNUHDGLQJSDJH
7KLVKRPHZRUNVKHHWIRFXVHVRQOHWWHUVRXQGV&KLOGUHQDUHDVNHGWRVD\WKHQDPHVIRUHDFKRIWKH
SLFWXUHVRQWKHSDJHDQGLGHQWLI\WKHSRVLWLRQRIWKHVRXQG1H[WWKH\WKLQNRIRWKHUZRUGVWKDW
FRQWDLQWKHIRFXVVRXQGDQGWKHQWKH\UHDGD&9&ZRUGV

$OSKDEHWUHDGLQJVWULSVZLWK&9&ZRUGVH[FOXGLQJYRZHOOHWWHUV
&KLOGUHQUHDGWKHVHQWHQFHVRQWKHSDJHXVLQJWKHSUHGLFDEOHSDWWHUQŸLVIRU 3LFWXUHFXHVDUH
JLYHQIRUHDFKYRFDEXODU\ZRUG

5HDGLQJSDJH
&KLOGUHQWUDFHWKHZRUGVDWWKHWRSRIWKHSDJHDQGWKHQXQGHUOLQHWKHIRFXVORZHUFDVHOHWWHULQ
HDFKRQH1H[WWKH\XQGHUOLQHRUKLJKOLJKWWKHXSSHUDQGORZHUFDVHOHWWHUVLQWKHQXUVHU\UK\PHDW
WKHERWWRPRIWKHSDJHDQGWKHQWKHQZULWHKRZPDQ\IRFXVOHWWHUVZHUHIRXQG

%XLOGDVHQWHQFHFXWDQGSDVWHZRUNVKHHWVVHWRI
&KLOGUHQEHJLQWKLVZRUNVKHHWE\UHDGLQJDVLPSOHVHQWHQFHFXWWLQJDQGSDVWLQJWKHZRUGVIURPWKH
ERWWRPRIWKHSDJHLQFRUUHFWRUGHUWRIRUPWKHVHQWHQFHZULWLQJWKHVHQWHQFHDQGWKHQFRORXULQJ
DSLFWXUH3OHDVHQRWHWKLVVHWFRQWDLQVWKHVDPHZRUGLQJDVLQWKHUHDGHU
$OSKDEHWFURZQ
7KHFURZQFDQEHFRPSOHWHGDWWKHHQGRIWKHZHHNDVDQŸ,NQRZWKHOHWWHU DFKLHYHPHQWDFWLYLW\
&KLOGUHQFXWRXWWKHLUFURZQVRQWKHFXWWLQJOLQHRUDURXQGWKHVROLGVKDSH7KH\DOVRFXWRXWWKH
VKDSHVFRQWDLQLQJSLFWXUHVDQGJOXHWKHPRQWRWKHLUFURZQV,KDYHDOVRLQFOXGHGOHWWHUWUDFLQJ
KHDGZUDSVWKDWFDQEHVHFXUHGWRHDFKVLGHRIWKHFURZQWRIRUPWKHEDFNSDUWRILW8VDJHRI
WKLVLVRSWLRQDOVWXGHQWVFRXOGXVHVWULQJLQVWHDGWRWLHWRWKHFURZQVRLWZLOOVLWRQWKHLUKHDGV

$OSKDEHWFUDIW
7KHVHWZRSDJHVFRQWDLQEODQNXSSHUDQGORZHUFDVHOHWWHUWHPSODWHVWKDW\RXFDQXVHZLWKFKLOGUHQ
WRFUHDWHOHWWHUDFWLYLWLHVDQGFUDIWV3OHDVHYLVLWP\EORJIRUFUDIWLGHDV
ZZZLQP\ZRUOGFRPDXFDWHJRU\SUHVFKRRO

+DSS\7HDFKLQJ
%E
$ %
$
%
&

ERX
#ŋF@@ŋ$"5,L9
$D EQ
ER
EX
E\
EGX
EHH
EPT
ERH
ERX
#ŋF@@ŋ$"5,L9
#ŋF@@ŋ$"5,L9 #ŋF@@ŋ$"5,L9

/ ŋ$$%
$ %
$
%
&
#ŋF@@ŋ$"5,L9 #ŋF@@ŋ$"5,L9
4T
 $
$

&
&

%
%

$
%
$

&
%

$
$

%
%

$
$

&
&

%
%

$
%
$

&
%

$
$

4T4T
TTTT
%
%
4444
#ŋF@@ŋ$"5,L9 #ŋF@@ŋ$"5,L9 #ŋF@@ŋ$"5,L9
 $ %
$
%
&
%E EGX
EHH
%%%%%
EPT
E E E E E
ERH
ERGLSV ERX
#ŋF@@ŋ$"5,L9
FUUQJ FQQNLFYTW FXYWTSFZY

FHYTW FSHMTW FWWT\

FSY F] FQUMFGJY
\FLTS WFY [FS

GFY MFSI HWFG

UQFSJY HFYJWUNQQFW UFSYX

 MFY HFY HFWWTY

OFHPJY IWFLTS HFGNS

ZRGWJQQF _JGWF %ŋ8%4=%K/8=<@8

$ŋŌ%=(B8%8=<%
8<1=ŋSáT8BV
<ŋF% @B%5
18 <@<%@ŋ-
Bŋ B8%=<%V@(
B<8%V1%ŋF%
=<%B=@( B ŋ==
(B8 =<%8<1=
F %8B-
 1DPH

%E
$ %
$
%

1@=%=<%'
&

7KHVHDUHWKHZRUGV,IRXQG

7 <

8 =

9 >

: ?

; 76
/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
%3@@3 @% %
<%ŋ =B =ŋ@
ŋ ŋ ŋ

ŋ ŋ ŋ

ŋ ŋ ŋ
ŋ ŋ ŋ

ŋ ŋ ŋ

ŋ ŋ ŋ
 1DPH

%E
$ %
$
%

0B B
&

&XWDQGSDVWHWKHSLFWXUHVLQWKHFROXPQVEHORZWRVKRZ
ZKHUH\RXKHDUGWKHVRXQG

/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 8%%8 ŋ
/

ŋ$$%- ŋ@3ŋ=1- ŋ8=1ŋB=- ŋ11 -

ŋ- ŋ<1- ŋ=- ŋ=1-

 1DPH

%E
$ %
$
%

7B@ʼn0%=%%
&

7UDFHDQGFRPSOHWHWKHVHQWHQFHE\ZULWLQJZRUGVIURPWKH
DFWLYLW\'UDZDSLFWXUHWRPDWFKHDFKZRUG

%RRWIIWER
7

:
/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 %\/DYLQLD3RSˆ *OXH6WDSOH
1DPHBBBBBBBBBBBBBB

@Ō%=<% ŋ=-
*OXH6WDSOH *OXH6WDSOH *OXH6WDSOH

ŋ- ŋ$$%- ŋ8=1ŋB=- ŋ<1-

 %\/DYLQLD3RSˆ *OXH6WDSOH
1DPHBBBBBBBBBBBBBB

@Ō%=<% ŋ=-
*OXH6WDSOH *OXH6WDSOH *OXH6WDSOH

ŋ- ŋ$$%- ŋ8=1ŋB=- ŋ<1-

1DPH

#%==%1/ŋ
:ULWHDVHQWHQFHIURP\RXUIOLSERRNXVLQJRQHZRUGWKDWEHJLQVZLWKWKHOHWWHUŸD 

$SLFWXUHRIP\VHQWHQFH
7KHŸD ZRUG,FKRVHLV

$QRWKHUŸD ZRUGLV

/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH

8VH\RXUIOLSERRNWRKHOS\RXODEHOWKHSLFWXUHV

/ŋ

/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 E E E E E

%%%%%

;@1%=<%$@=B1%8=<ŋ=%3@ @=<YŋX- 61ŋ%=<%B$$%1ŋ %1ŋ8%%==%18-
;1/ŋŋ-
( '3
/ Ō ! =
/ŋ
%   /
8 E ? 
' ? ŋ 
ŋ  ŋ <
6 1 &  ))% 1DPH
/ ŋ 0 ŋ #ŋF@@ŋ$"5,L9
ŁŁłŁŀ

1DPH
/ŋ
%\/DYLQLD3RSˆ

ŁŁłŁŀ

/ŋ 1DPH
%\/DYLQLD3RSˆ
<ŋF%ŋŋ$$%-

<ŋF%ŋŋ$$%-
<ŋF%ŋŋ@3ŋ=1-

<ŋF%ŋŋ@3ŋ=1-
<ŋF%ŋŋ=-

<ŋF%ŋŋ=-
<ŋF%ŋŋ<1-

<ŋF%ŋŋ<1-
<ŋF%ŋŋ11 -

<ŋF%ŋŋ11 -
ŁŁłŁŀ

1DPH
/ŋ
%\/DYLQLD3RSˆ

ŁŁłŁŀ

/ŋ 1DPH
%\/DYLQLD3RSˆ
<ŋF%ŋŋ$$%-

<ŋF%ŋŋ$$%-
<ŋF%ŋŋ@3ŋ=1-

<ŋF%ŋŋ@3ŋ=1-
<ŋF%ŋŋ=-

<ŋF%ŋŋ=-
<ŋF%ŋŋ<1-

<ŋF%ŋŋ<1-
<ŋF%ŋŋ11 -

<ŋF%ŋŋ11 -
 

1DPH
/ŋ
%\/DYLQLD3RSˆ

 

/ŋ 1DPH
%\/DYLQLD3RSˆ
@8(1ŋ8=1ŋB=-

@8(1ŋ8=1ŋB=-
@8(1ŋ=1-

@8(1ŋ=1-
@8(1ŋ-

@8(1ŋ-
@8(1ŋ$<ŋ%=-

@8(1ŋ$<ŋ%=-
@8(1ŋ8$ŋ1ŋ3B8-

@8(1ŋ8$ŋ1ŋ3B8-
@8(1ŋBŋ%-

@8(1ŋBŋ%-
/ŋ /ŋ /ŋ
/ŋ /ŋ /ŋ
/ŋ /ŋ /ŋ
/ŋ /ŋ /ŋ
/ŋ /ŋ /ŋ
/ŋ /ŋ /ŋ
"-.++&%

5Ɣ
ƖƔ
Ɣ
Ɣ
Ɣ"
Ɣ
Ɣ
1DPH
%\/DYLQLD3RSˆ

"-.++&%

5Ɣ
ƖƔ
Ɣ
Ɣ
Ɣ"
Ɣ
Ɣ
1DPH
%\/DYLQLD3RSˆ
ŋ$
GET

ŋ$
GET
(ŋ
JER

(ŋ
JER
Ɣ
QEX

Ɣ
QEX
$ŋ
TEH

$ŋ
TEH
1ŋ
VEQ

1ŋ
VEQ
 ŋ3
[EK

ŋ3
[EK
$ ŋ  ŋ ( 

 = ŋ  ŋ $

ŋ 1  3 ŋ
 1DPH

%E
$ %
$
%

#%==%1.ʼn&%
&

+HOSWKHDVWURQDXWJHWWRWKHDSSOHE\IROORZLQJWKH
$D$DSDWWHUQWKURXJKWKHPD]H

/ ŋ ! 1 8 6
E
< /  3 
?
 ŋ  . $ 
;
 /  H  #
)
$ ŋ / ŋ  Ō
8 D / 1 . &
4 (  ŋ / ŋ C
F    B / D
0 =  B F ŋ
/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH

%E
$ %
$

H=.ʼn&%
%
&

)ROORZWKHGLIIHUHQW$D¢VWKURXJKWKHPD]H

N  ʼn I
  $ 3 @
U D K D U $
3 $ , $  5
8  ! ś X "
 $ D 3 
/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH

%E
$ %
$
%

@%#%==%1
&

&RORUWKHVHFWLRQVXVLQJ /
ŋ
WKHFRGHWRUHYHDOWKH
KLGGHQOHWWHU

/ ŋ ŋ
ŋ ŋ / / ŋ
ŋ ŋ
ŋ / / ŋ
ŋ /
ŋ / / ŋ
ŋ
/
ŋ ŋ
/ / /
/
ŋ ŋ
/ ŋ ŋ /
/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH

%E
$ %
$
%

@%#%==%1
&

&RORUWKHVHFWLRQVXVLQJ /
ŋ
WKHFRGHWRUHYHDOWKH
KLGGHQOHWWHU

/ / /
/
ŋ
/ ŋ ŋ
ŋ
ŋ / /
ŋ
/ /
//
/ // /
ŋ ŋ
/ /
ŋ
/ ŋ ŋ ŋ
/ / /
/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH

$
%E
$ %
$
%

7%3@@30B8
&

&RORUWKHSLFWXUHVWKDWEHJLQZLWKWKH$DVRXQG

/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH
$ %
$
%
&
#%==%1H@
/
%E / ŋ
E !  
. / H
? % 
/ $ ;  4
ŋ ŋ / ŋ & ( ŋ
/ 
ŋ / ŋ
3  D /
/ C  /
 
@  /  / '
0  /
< ŋ )
#ŋ 0
/ ŋ Ō
ŋ  
 ŋ ŋ 6 /
ŋ   = / :
1 8 
/ŋ / A F
 B

/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH

%E
$ %
$
%
&

ʼn 1@=@3

ŋ$$%

& & & &

F F F F
& & & &
F F F F
& F & F
/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH

%E
$ %
$
%
&

ʼn 1@=@3

ŋ$$%

% % % %
E E E E
% % % %
E E E E
% E % E
/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH

%E
$ %
$
%
&
#%==%101=

& F & F
/

ŋ
/HWWHURIWKH:HHNE\/DYLQLD3RSˆ

/ 7 $ 
D I ŋ 
 1DPH

%E
$ %
$
%
&
#%==%101=

% E % E
/

ŋ
/HWWHURIWKH:HHNE\/DYLQLD3RSˆ

/ 7 $ 
D I ŋ 
 1DPH

%E
$ %
$
%

7%3@@30B8
&

& F & F
/
/
/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH

%E
$ %
$
%

7%3@@30B8
&

% E % E
/
/
/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH

%E
$ %
$
%

1.ʼn=<
&

61ŋ% B% 1@=%

FHY
FSI
FSY /HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH

%E
$ %
$
%

1.ʼn=<
&

61ŋ% B% 1@=%

EGX
ERH
ERX /HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH

%E
$ %
$
%

'%ʼn^.ʼn=<^1@=%
&

5HDGWKHZRUGVEHORZ'UDZDOLQHWRPDWFKHDFKZRUGWRWKH
FRUUHFWSLFWXUH:ULWHWKHZRUGVLQWKHPDWFKLQJER[HV'UDZDOLQH
WRPDWFKHDFKSLFWXUHWRWKHFRUUHFWER[

HFU SDG
KFS IDQ
\FL UDP
RFY PDW
UFI FDS
WFR ZDJ
/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH

%E
$ %
$
%

% 1Ŋ
&

&RORUDQDSSOHHDFKWLPH\RXGRWKLVSDJH

7 6D\WKHQDPHVIRUWKHIROORZLQJSLFWXUHV&LUFOHWKHSLFWXUHV
LI\RXKHDUWKHŸ$D VRXQG,VWKHVRXQGDWWKHEHJLQQLQJPLGGOH
RUHQGLQJRIWKHZRUG"

8 7KLQNRIRWKHUZRUGVWKDWKDYHWKHŸ$D VRXQG
9 5HDGWKHIROORZLQJZRUGV
ŋŋ3ŋ=ŋDŋ
/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH

%E
$ %
$
%

'%ʼn@3HB%
&

&RORUDQDSSOHHDFKWLPH\RXUHDGDOOWKHVHQWHQFHV

/@8(1ŋ@3ŋ=1-

/@8(1ŋ$$%-

/@8(1ŋ=-

/@8(1ŋ8=1ŋB=-

/@8(1ŋ=1-

/@8(1ŋBŋ%-
/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH

%E
$ %
$
%
&
'%ʼn@3
5HDGDQGWUDFHWKHZRUGV8QGHUOLQHD

ERX ETTPI E\

8QGHUOLQH$DQGDLQWKHQXUVHU\UK\PH

/8 ŋ83@3=0=-F%8
%=ŋŋ @=<8%F% @F%8-
Eŋ< @(%<ŋ8%F%8ŋŌ8W
Eŋ<8ŋŌ<ŋ8%F%ŋ=8W
Eŋ<ŋ=<ŋ8%F%Ō@=8J
@=8Vŋ=8V8ŋŌ8ŋ @F%8^
 ŋ  %1%3@3=0=-F%8ō

+RZPDQ\Ÿ$D VGLG\RXILQG"BBBBBB
/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
 1DPH

%E
$ %
$
%

7B@ʼn0%=%%
&

.MF[JFSFUUQJ

MF[J . FUUQJ FS
 1DPH

%E
$ %
$
%

7B@ʼn0%=%%
&

.MF[JFSFQQNLFYTW

MF[J . FS FQQNLFYTW
 1DPH

%E
$ %
$
%

7B@ʼn0%=%%
&

.MF[JFSFSY

FS MF[J FSY .
 1DPH

%E
$ %
$
%

7B@ʼn0%=%%
&

.MF[JFSFSHMTW

MF[J . FSHMTW FS
 1DPH

%E
$ %
$
%

7B@ʼn0%=%%
&

.MF[JFSFWWT\

MF[J . FWWT\ FS
Ō =<%%==%1
ˆ/DYLQLD3RS
/ŋ
JOXHVWDSOH
JOXHVWDSOH


&F &F &F &F

JOXHVWDSOH
JOXHVWDSOH


&F &F &F &F

JOXHVWDSOH
JOXHVWDSOH


&F &F &F &F

JOXHVWDSOH
JOXHVWDSOH


&F &F &F &F
$
$OSKDEHW/HWWHU&UDIWIRUFUDIWLGHDVSOHDVHYLVLWP\EORJZZZLQP\ZRUOGFRPDXFDWHJRU\SUHVFKRRO

/HWWHURIWKH:HHNE\/DYLQLD3RSˆ
D
$OSKDEHW/HWWHU&UDIWIRUFUDIWLGHDVSOHDVHYLVLWP\EORJZZZLQP\ZRUOGFRPDXFDWHJRU\SUHVFKRRO

/HWWHURIWKH:HHNE\/DYLQLD3RSˆ