(QJOLVK
:DUUDQW\
:KDWWKLV:DUUDQW\&RYHUV :KRLW
$SSOLHVWR
7KHOLPLWHGZDUUDQW\SURYLGHGE\%6++RPH$SSOLDQFHVLQWKLV6WDWHPHQWRI/LPLWHG3URG
XFW:DUUDQW\DSSOLHVRQO\WRWKH%RVFKIUHHVWDQGLQJDQGVOLGHLQUDQJH³3URGXFW´VROGWR
\RXWKHILUVWXVLQJSXUFKDVHUSURYLGHGWKDWWKH3URGXFWZDVSXUFKDVHGIRU\RXUQRU
PDOKRXVHKROGQRQFRPPHUFLDOXVHDQGKDVLQIDFWDWDOOWLPHVRQO\EHHQXVHGIRUQRU
PDOKRXVHKROGSXUSRVHVQHZDWUHWDLOQRWDGLVSOD\³DVLV´RUSUHYLRXVO\UHWXUQHG
PRGHODQGQRWIRUUHVDOHRUFRPPHUFLDOXVHDQGZLWKLQWKH8QLWHG6WDWHVRU&DQDGD
DQGKDVDWDOOWLPHVUHPDLQHGZLWKLQWKHFRXQWU\RIRULJLQDOSXUFKDVH7KHZDUUDQWLHVVWDWHG
KHUHLQDSSO\RQO\WRWKHILUVWSXUFKDVHURIWKH3URGXFWDQGDUHQRWWUDQVIHUDEOH%RVFK
UHVHUYHVWKHULJKWWRUHTXHVWSURRIRISXUFKDVHDWWKHWLPHDQ\ZDUUDQW\FODLPLVVXEPLWWHG
WRFRQILUPWKDWWKH3URGXFWIDOOVZLWKLQWKHVFRSHRIWKLVOLPLWHGSURGXFWZDUUDQW\
&RQYHFWLRQ%DNH5HVXOWVDUHQRWDV([SHFWHG
,IWKH$XWRPDWLF&RQYHFWLRQ&RQYHUVLRQ)HDWXUHLVWXUQHGRIIWKHWHPSHUDWXUHPXVW
EHPDQXDOO\UHGXFHGE\),IWKHIHDWXUHLVDFWLYHWKHWHPSHUDWXUHLVDXWRPDWL
FDOO\DGMXVWHG6HH³7XUQ$XWRPDWLF&RQYHFWLRQ&RQYHUVLRQ21RU2))´RQ
SDJH IRUPRUHLQIRUPDWLRQ5HIHUWRFRRNLQJFKDUWVDQGWLSVIRUUDFNSRVLWLRQV
FRRNLQJWLPHVDQGSDQVHOHFWLRQ$GMXVWRYHQFDOLEUDWLRQLIQHFHVVDU\6HH³&KDQJH
WKH2YHQ7HPSHUDWXUH2IIVHW´RQSDJH
2YHQWHPSHUDWXUHLVWRRKRWRUWRRFROG
7KHRYHQWKHUPRVWDWQHHGVDGMXVWPHQW6HH2YHQ7HPSHUDWXUH2IIVHW6HH
³&KDQJHWKH2YHQ7HPSHUDWXUH2IIVHW´RQSDJH
2YHQOLJKWLVQRWZRUNLQJSURSHUO\
5HSODFHRUUHLQVHUWWKHOLJKWEXOELIORRVHRUGHIHFWLYH7RXFKLQJWKHEXOEZLWKILQ
JHUVPD\FDXVHWKHEXOEWREXUQRXW
2YHQOLJKWZLOOQRWWXUQRII
&KHFNIRUREVWUXFWLRQLQRYHQGRRU&KHFNWRVHHLIKLQJHLVEHQW:KHQWKH
6DEEDWKIHDWXUHLVDFWLYDWHGWKHRYHQOLJKWZLOOVWD\RQRURIIDVVHOHFWHG
GXULQJVHWXSGXULQJWKHHQWLUH6DEEDWKPRGH
&DQQRWUHPRYHOHQVFRYHURQOLJKW
7KHUHPD\EHVRLOEXLOGXSDURXQGWKHOHQVFRYHU:LSHOHQVFRYHUDUHD
ZLWKDFOHDQGU\WRZHOSULRUWRDWWHPSWLQJWRUHPRYHWKHOHQVFRYHU
2YHQZLOOQRW6HOI&OHDQSURSHUO\
$OORZWKHRYHQWRFRROEHIRUHUXQQLQJ6HOI&OHDQ$OZD\VZLSHRXWORRVHVRLOVRU
KHDY\VSLOORYHUVEHIRUHUXQQLQJ6HOI&OHDQ,IRYHQLVEDGO\VRLOHGVHWRYHQIRUD
ILYHKRXU6HOI&OHDQ6HH3UHSDULQJWKH2YHQWR6HOI&OHDQ
&ORFNDQGWLPHUDUHQRWZRUNLQJSURSHUO\
0DNHVXUHWKHUHLVHOHFWULFDOSRZHUWRRYHQ6HH&ORFNDQG7LPHUVHFWLRQV
3RUFHODLQFKLSV
:KHQRYHQUDFNVDUHUHPRYHGDQGUHSODFHGDOZD\VWLOWUDFNVXSZDUGDQGGRQRW
IRUFHWKHPWRDYRLGFKLSSLQJWKHSRUFHODLQ
³)´DQGDQXPEHUDSSHDUVLQGLVSOD\DQGFRQ
WUROEHHSV
7KLVLVDIDXOWFRGH3UHVV2IIWRFOHDUWKHGLVSOD\DQGVWRSEHHSLQJ5HVHWRYHQLI
QHFHVVDU\,IIDXOWFRGHUHPDLQVDQGEHHSFRQWLQXHVUHFRUGIDXOWFRGHFDQFHORYHQ
DQGFDOODXWKRUL]HGVHUYLFHWHFKQLFLDQ
:LWKDQHZUDQJHWKHUHLVDVWURQJRGRUZKHQ
RYHQLVWXUQHGRQ
7KLVLVQRUPDOZLWKDQHZUDQJHDQGZLOOGLVDSSHDUDIWHUDIHZXVHV2SHUDWLQJWKH
VHOIFOHDQF\FOHZLOODOVR³EXUQRII´WKHVPHOOPRUHTXLFNO\
&RQWUROGRHVQRWUHDFWZKHQWKHSDGLV
WRXFKHG
%HVXUHWKDWSDGLVFOHDQ7RXFKWKHFHQWHURIWKHWRXFKSDG8VHWKHIODWSDUWRI\RXU
ILQJHU
)DQLVUXQQLQJGXULQJPRGHVWKDWGRQ¶WXVH
FRQYHFWLRQ
2QVRPHPRGHOVWKHFRQYHFWLRQIDQZLOOUXQZKLOHWKHRYHQLVSUHKHDWLQJIRUWKH
EDNHPRGH7KLVLVQRUPDO
6OLGHLQPRGHOVDOVRKDYHDFRROLQJIDQWKDWUXQVGXULQJHYHU\FRRNLQJPRGH
:DUPDLURUVWHDPHVFDSHVIURPRYHQYHQW
,WLVQRUPDOWRVHHRUIHHOVWHDPRUZDUPDLUHVFDSLQJIURPWKHRYHQYHQW'RQRW
EORFNWKHYHQW
&RROLQJIDQUXQVDIWHURYHQLVWXUQHGRII6OLGH
LQUDQJHVRQO\
7KLVLVQRUPDO:KHQWKHRYHQKDVFRROHGWRDSUHGHWHUPLQHGWHPSHUDWXUHWKH
FRROLQJIDQWXUQVRII
7KHFRRNWRSGRHVQRWRSHUDWHGXULQJ6HOI
&OHDQ
7KLVLVQRUPDOIRUVRPHPRGHOV2SHUDWLRQZLOOUHWXUQRQFH6HOI&OHDQLVFRPSOHWH
7DEOH2YHQ7URXEOHVKRRWLQJ&KDUW
2YHQ3UREOHP
3RVVLEOH&DXVHVDQG
6XJJHVWHG6ROXWLRQV
