YLLL
&DXWLRQVIRU2SHUDWLRQVDQG0RQLWRULQJ
:$51,1*'XULQJDWULSHYHQWLIWKHDODUPUHVHWLVDSSOLHGDQGWKH5XQ
FRPPDQGLVSUHVHQWWKHLQYHUWHUZLOODXWRPDWLFDOO\UHVWDUW%HVXUHWR
DSSO\WKHDODUPUHVHWRQO\DIWHUYHULI\LQJWKH5XQFRPPDQGLV2))
2WKHUZLVHLWPD\FDXVHLQMXU\WRSHUVRQQHO
:$51,1*%HVXUHQRWWRWRXFKWKHLQVLGHRIWKHHQHUJL]HGLQYHUWHURUWR
SXWDQ\FRQGXFWLYHREMHFWLQWRLW2WKHUZLVHWKHUHLVDGDQJHURIHOHFWULF
:$51,1*,ISRZHULVWXUQHG21ZKHQWKH5XQFRPPDQGLVDOUHDG\
DFWLYHWKHPRWRUZLOODXWRPDWLFDOO\VWDUWDQGLQMXU\PD\UHVXOW%HIRUH
WXUQLQJ21WKHSRZHUFRQILUPWKDWWKH581FRPPDQGLVQRWSUHVHQW
:$51,1*:KHQWKH6WRSNH\IXQFWLRQLVGLVDEOHGSUHVVLQJWKH6WRS
NH\GRHVQRWVWRSWKHLQYHUWHUQRUZLOOLWUHVHWDWULSDODUP
:$51,1*%HVXUHWRSURYLGHDVHSDUDWHKDUGZLUHGHPHUJHQF\VWRS
VZLWFKZKHQWKHDSSOLFDWLRQZDUUDQWVLW
:$51,1*,IWKHSRZHULVWXUQHG21DQGWKH5XQFRPPDQGLVDOUHDG\
DFWLYHWKHPRWRUVWDUWVURWDWLRQDQGLVGDQJHURXV%HIRUHWXUQLQJSRZHU
21FRQILUPWKDWWKH5XQFRPPDQGLVQRWDFWLYH
:$51,1*$IWHUWKH5HVHWFRPPDQGLVJLYHQDQGWKHDODUPUHVHW
RFFXUVWKHPRWRUZLOOUHVWDUWVXGGHQO\LIWKH5XQFRPPDQGLVDOUHDG\
DFWLYH%HVXUHWRVHWWKHDODUPUHVHWDIWHUYHULI\LQJWKDWWKH5XQ
FRPPDQGLV2))WRSUHYHQWLQMXU\WRSHUVRQQHO
&$87,217KHKHDWVLQNILQVZLOOKDYHDKLJKWHPSHUDWXUH%HFDUHIXO
QRWWRWRXFKWKHP2WKHUZLVHWKHUHLVWKHGDQJHURIJHWWLQJEXUQHG
&$87,217KHRSHUDWLRQRIWKHLQYHUWHUFDQEHHDVLO\FKDQJHGIURPORZ
VSHHGWRKLJKVSHHG%HVXUHFKHFNWKHFDSDELOLW\DQGOLPLWDWLRQVRIWKH
PRWRUDQGPDFKLQHEHIRUHRSHUDWLQJWKHLQYHUWHU2WKHUZLVHLWPD\FDXVH
&$87,21,I\RXRSHUDWHDPRWRUDWDIUHTXHQF\KLJKHUWKDQWKHLQYHUWHU
VWDQGDUGGHIDXOW]+]EHVXUHWRFKHFNWKHPRWRUDQG
PDFKLQHVSHFLILFDWLRQVZLWKWKHUHVSHFWLYHPDQXIDFWXUHU2QO\RSHUDWH
WKHPRWRUDWHOHYDWHGIUHTXHQFLHVDIWHUJHWWLQJWKHLUDSSURYDO2WKHUZLVH
WKHUHLVWKHGDQJHURIHTXLSPHQWGDPDJH
&$87,21,WLVSRVVLEOHWRGDPDJHWKHLQYHUWHURURWKHUGHYLFHVLI\RXU
DSSOLFDWLRQH[FHHGVWKHPD[LPXPFXUUHQWRUYROWDJHFKDUDFWHULVWLFVRID