6+5('',1*&'5206'9'6)/233<',6.6&5(',7
&$5'6
:KHQRSWLFDOPHGLDLVLQVHUWHGLQWRWKHWKURDWWKHOHGEDU)
FRPHVRQDQGWKHPDFKLQHDXWRPDWLFDOO\VWDUWVVKUHGGLQJWKDQNV
WRWZRHOHFWURQLFH\HV$ORFDWHGLQVLGHWKHWKURDWZKLFK
GHWHFWWKHPRYHPHQWRIWKHPDWHULDOWREHVKUHGGHGDQGWKHQ
DXWRPDWLFDOO\VWRSWKHFXWWLQJEODGHVDIWHUDIHZVHFRQGVZKHQ
VKUHGGLQJLVFRPSOHWHG
7KHPDFKLQHLVILWWHGZLWKDVSHFLILFFRILJIRU
FROOHFWLRQRIVKUHGGHGPDWHULDOWRKROGVKUHGGHGIUDJPHQWVRI
&''9')/233<',6.&5(',7&$5'DQGIRUNHHSLQJWKHP
VHSDUDWHLQRUGHUWRIDFLOLWDWHUHF\FOLQJ
$8720$7,&)81&7,216
.2%5$76PRGHOVIHDWXUHWKHIROORZLQJDXWRPDWLFIXQFWLRQV
R
(/(&7521,&(<(6$RU$DFWLYDWHWKHVKUHGGHUDV
VRRQDVVKHHWVRISDSHURURSWLFDOPHGLDDUHLQVHUWHGLQWR
WKHVKUHGGHUWKURDWVRU
R
$8720$7,&6723LIWKHEDJLVIXOORUWKHGRRULVRSHQ
VLJQDOOHGE\DOLJKWRURQWKHFRQWUROSDQHOFRPLQJ
RQ
R
027256$9(5ZKLFKLQWHUUXSWVWKHVKUHGGHULILW
RYHUKHDWVLIWKHPRWRUVDYHUFRPHVRQOHWWKHVKUHGGHU
FRROGRZQIRUPLQXWHVDIWHUZKLFKLWZLOOWXUQLWVHOIRQ
DJDLQDXWRPDWLFDOO\
R
$8720$7,&5(7851SUHYHQWVMDPPLQJZKHQDQ
H[FHVVLYHTXDQWLW\RISDSHUIRUWKHPD[LPXPORDGLV
LQVHUWHGE\DFFLGHQWFXWWLQJRIIWKHSRZHUDQGJRLQJLQWR
UHYHUVHIRUDIHZVHFRQGVLQRUGHUWRIUHHXSWKHFXWWLQJ
EODGHV
R
(1(5*<60$576<67(0
VHFRQGVDIWHU
WKHODVWVKUHG
F\FOHWKHPDFKLQHDXWRPDWLFDOO\JRHVRQ67$1'%<ZLWK
]HURHQHUJ\FRQVXPSWLRQDQGWKHOHG*RQWKHFRQWURO
SDQHOFRPHVRQ
$IWHUIRXUKRXUV
RILQDFWLYLW\WKHVKUHGGHU
DXWRPDWLFDOO\FXWVLWVHOIRIIIURPWKHSRZHUVXSSO\
&$5($1'0$,17(1$1&(
.2%5$76VKUHGGHUKDYHQRQHHGIRUDQ\SDUWLFXODU
PDLQWHQDQFH
+RZHYHULWLVUHFRPPHQGHGWRSHULRGLFDOO\FKHFNWKHTXDQWLW\RI
RLOLQWKHFRQWDLQHU,ILJ/DFNRIRLOLQWKHFRQWDLQHULV
VLJQDOOHGE\WKHOHGILJ
,IHPSW\UHSODFHLWZLOODIXOORLOFRQWDLQHUWRHQVXUHHIILFLHQW
RSHUDWLRQDQGSURORQJWKHOLIHRIWKHFXWWLQJEODGHV
)LUH
+D]DUG
$8720$7,&2,/(56<67(0
.2%5$76VKUHGGHUVIHDWXUHDVSHFLDODXWRPDWLFV\VWHPIRU
OXEULFDWLQJWKHFXWWLQJNQLYHV
,167$//$7,21ILJ
$IWHUXQSDFNLQJWKHVKUHGGHURSHQWKHGRRU
8QVFUHZWKHVHDOHGFDSRQWKHRLOFRQWDLQHU,DQGGLVFDUG
LQVHUWWKHRLOWXEH/DQGWLJKWHQWKHOLG0DVVKRZQLQILJXUH
3XOORXWWKHKROGHU%DVVKRZQLQILJXUHWDNHWKHSODVWLFEDJ
1ILJZKLFKFRPHVZLWKWKHVKUHGGHUDQGILWLWWRWKHEDJ
KROGHURDQGSXWLWLQVLGHWKHFDDVVKRZQLQILJXUH
23(5$7,21
3OXJLQWKHVKUHGGHUWRWKHSRZHUVXSSO\DQGSUHVVWKH212))
(VZLWFKILJDQGWKHOHGEDU)ILJFRPHVRQDQGWKH
VKUHGGHULVUHDG\WRJR
'XULQJWKHILUVWIHZPLQXWHVRIRSHUDWLRQWKHOHGILJPD\
IODVKVLQFHWKHRLOWXEHLVQRW\HWFRPSOHWHO\IXOO,QRUGHUWR
VSHHGLWXSDQGWXUQRIIWKH2,/OHGRSHUDWHWKHVKUHGGHURQ
HPSW\IRUôPLQXWHVE\SUHVVLQJWKH)25:$5'EXWWRQ
ILJ
1RZ\RXUVKUHGGHULVUHDG\DQGWKHFXWWLQJEODGHVDUHRLOHG
/DFNRIRLOLQWKHFRQWDLQHULVVLJQDOOHGE\WKH2,/OHGILJ
IODVKLQJ
5(3/$&,1*7+(2,/&217$,1(5ILJ
2SHQWKHGRRU
7DNHWKHHPSW\RLOFRQWDLQHU,RXWRILWVKRXVLQJXQVFUHZWKH
FDS0RQWRSRIWKHFRQWDLQHUDQGSXOORXWWKHWXEH/
7DNHDQHZRLOFRQWDLQHUXQVFUHZWKHVHDOHGFDSDQGGLVFDUG
LQVHUWWKHRLOWXEDQGIXOO\WLJKWHQWKHOLG0
3XWWKHQHZRLOFRQWDLQHU,LQWRLWVVORWDQGFORVHWKHGRRU
1RZ\RXUVKUHGGHULVUHDG\WRJRDJDLQDQGWKHFXWWLQJEODGHV
DUHOXEULFDWHG
:$51,1*7KHOHGILJFRXOGFRQWLQXHIODVKLQJIRUDIHZ
PLQXWHVDIWHUWKHRLOFRQWDLQHU,KDVEHHQUHSODFHGEHFDXVHWKH
RLOIHHGHUWXEHLVQRW\HWFRPSOHWHO\IXOO7RVSHHGLWXSUXQWKH
VKUHGGHURQHPSW\IRUDWOHDVWôPLQXWHVRUSUHVVWKH
)25:$5'EXWWRQ
1(9(5XVHV\QWKHWLFRLOEHQ]HQHEDVHGSURGXFWVRUDHURVRO
OXEULFDQWVRIDQ\NLQGLQVLGHWKHVKUHGGHURULQLWVYLFLQLW\
'(6758&7,21'(&'520'9'',648(77(6&$57(6
%$1&$,5(6
/RUVTXHGHVVXSSRUWVRSWLTXHVVRQWLQWURGXLWVGDQVO¶RXYHUWXUH
ODEDUUHOXPLQHXVH)V¶DOOXPHHWO¶DSSDUHLOFRPPHQFH
DXWRPDWLTXHPHQWODGHVWUXFWLRQJUkFHjGHX[FHOOXOHV
SKRWRpOHFWULTXHV$VLWXpHVjO¶LQWpULHXUGHO¶RXYHUWXUH&HV
FHOOXOHVHQUHJLVWUHQWOHSDVVDJHGXPDWpULHOjGpWUXLUHHWDUUrWHQW
DXWRPDWLTXHPHQWOHJURXSHGHFRXSHTXHOTXHVVHFRQGHVDSUqV
ODILQGHODGHVWUXFWLRQ
/¶DSSDUHLOHVWpTXLSpG¶XQEDFILJSHUPHWWDQWGH
UpFXSpUHUOHVIUDJPHQWVGH&''9'',648(77(6&$57(6
%$1&$,5(6HWGHOHVVpSDUHUSRXUIDFLOLWHUOHWULVpOHFWLIGHV
PDWpULDX[
)21&7,216$8720$7,48(6
/HVPRGqOHV.2%5$76VRQWGRWpVGHVIRQFWLRQV
DXWRPDWLTXHVVXLYDQWHV
R
&(//8/(63+272e/(&75,48(6$RX$SRXUOH
GpPDUUDJHDXWRPDWLTXHGHO¶DSSDUHLOHQLQWURGXLVDQW
VLPSOHPHQWOHVIHXLOOHVRXOHVVXSSRUWVRSWLTXHVGDQV
O¶RXYHUWXUHRX
R
$55Ç7$8720$7,48(ORUVTXHODFRUEHLOOHjGpFKHWVHVW
SOHLQHRXVLODSRUWHHVWRXYHUWH8QYR\DQWOXPLQHX[RX
V¶DOOXPHVXUOHWDEOHDXGHFRPPDQGH
R
3527(&7,217+(50,48('8027(85SRXU
LQWHUURPSUHOHIRQFWLRQQHPHQWGHODPDFKLQHHQFDVGH
VXUFKDXIIHHQFDVG¶LQWHUYHQWLRQGHODSURWHFWLRQ
WKHUPLTXHGXPRWHXUODLVVHUUHIURLGLUO¶DSSDUHLOSHQGDQW
PLQXWHVDXPRLQVSXLVFHGHUQLHUVHUHPHW
DXWRPDWLTXHPHQWHQPDUFKH
5(7285$8720$7,48(HQFDVGHERXUUDJH(QFDV
G¶LQWURGXFWLRQDFFLGHQWHOOHG¶XQHTXDQWLWpGHSDSLHU
VXSpULHXUHjODFDSDFLWpPD[LPDOHGXPRGqOHFHWWH
IRQFWLRQFRXSHOHFRXUDQWGXPRWHXUpOHFWULTXHSXLVHOOH
HIIHFWXHSHQGDQWTXHOTXHVVHFRQGHVXQHPDUFKHDUULqUH
SRXUOLEpUHUOHVF\OLQGUHVGHFRXSH
R
6<67Ê0((1(5*<60$57
VHFRQGHVDSUqV
OD
GHUQLqUHGHVWUXFWLRQO¶DSSDUHLOVHPHWDXWRPDWLTXHPHQWHQ
pWDWGHYHLOOHVLJQDOpVXUOHWDEOHDXGHFRPPDQGHSDUOH
YR\DQWOXPLQHX[*SRXUJDUDQWLUXQHFRQVRPPDWLRQ
TXDVLPHQWQXOOH
$SUqVTXDWUHKHXUHV
G¶LQXWLOLVDWLRQ
O¶DSSDUHLOFRXSHDXWRPDWLTXHPHQWOHFRXUDQW
(175(7,(1(70$,17(1$1&(
/HVGHVWUXFWHXUVGHGRFXPHQWV.2%5$76Q¶RQWSDVEHVRLQ
G¶HQWUHWLHQSDUWLFXOLHU
,OHVWWRXWHIRLVSUpIpUDEOHGHFRQWU{OHUSpULRGLTXHPHQWODTXDQWLWp
G¶KXLOHSUpVHQWHGDQVOHUpVHUYRLU,ILJ/¶DEVHQFHG¶KXLOH
GDQVOHUpVHUYRLUHVWVLJQDOpHSDUXQYR\DQWOXPLQHX[ILJ
/RUVTXHOHUpVHUYRLUHVWYLGHOHUHPSOLUG¶KXLOHSRXUJDUDQWLU
HIILFDFLWpHWGXUpHGHYLHGXJURXSHGHFRXSH
5LVTXH
G¶LQFHQGLH
6<67(0('(*5$,66$*($8720$7,48(³$8720$7,&
2,/(5´
/HVGHVWUXFWHXUVGHGRFXPHQWV.2%5$76VRQWpTXLSpV
G¶XQV\VWqPHGHJUDLVVDJHVSpFLDOSRXUOHVFRXWHDX[GHFRXSH
,167$//$7,21ILJ
$SUqVDYRLUGpEDOOpO¶DSSDUHLORXYULUODSRUWH
'pYLVVHUOHERXFKRQVFHOOpGXUpVHUYRLUG¶KXLOH,HWOHMHWHU<
LQWURGXLUHOHWXEHG¶KXLOH/HWVHUUHUjIRQGOHERXFKRQ0GHOD
IDoRQLQGLTXpHGDQVODILJXUH
([WUDLUHODVWUXFWXUH%HQVXLYDQWOHVLQGLFDWLRQVGHODILJXUH
SUHQGUHOHVDFHQSODVWLTXHIRXUQL1ILJOHUHSODFHUVXUOH
FDGUHSRUWHVDFRHWOHPHWWUHGDQVOHVDFGHOD
IDoRQLQGLTXpHGDQVODILJXUH
)21&7,211(0(17
$SUqVDYRLUGpEUDQFKpO¶DSSDUHLODSSX\HUVXUO¶LQWHUUXSWHXU
212))(ILJ/DEDUUHOXPLQHXVH)ILJV¶DOOXPHHW
O¶DSSDUHLOHVWSUrWjIRQFWLRQQHU
'XUDQWOHVSUHPLqUHVPLQXWHVGHPDUFKHOHYR\DQWOXPLQHX[
ILJSRXUUDLWFOLJQRWHUFDUOHWXEHG¶pPLVVLRQG¶KXLOHQ¶HVWSDV
HQFRUHFRPSOqWHPHQWSOHLQ3RXUDFFpOpUHUOHUHPSOLVVDJHHW
pWHLQGUHOHYR\DQW2,/IDLUHPDUFKHUO¶DSSDUHLOjYLGHSHQGDQW
ô PLQXWHVHQWHQDQWODWRXFKH)25:$5'ILJDSSX\pH
9RWUHGHVWUXFWHXUGHGRFXPHQWVHVWGpVRUPDLVSUrWjIRQFWLRQQHU
DYHFXQJURXSHGHFRXSHJUDLVVp
/¶DEVHQFHG¶KXLOHGDQVOHUpVHUYRLUHVWVLJQDOpHSDUOHYR\DQW
FOLJQRWDQW2,/ILJ
5(03/$&(0(17'85(6(592,5'¶+8,/(ILJ
2XYULUODSRUWH
([WUDLUHOHUpVHUYRLUG¶KXLOH,YLGHGHVRQORJHPHQW'pYLVVHUOH
ERXFKRQ0VLWXpVXUODSDUWLHVXSpULHXUHGXUpVHUYRLUHWUHWLUHU
OHWXEH/
3UHQGUHXQQRXYHDXUpVHUYRLUG¶KXLOHGpYLVVHUOHERXFKRQVFHOOp
HWOHMHWHU<LQWURGXLUHOHWXEHG¶KXLOH/HWVHUUHUjIRQGOH
ERXFKRQ0
5HSODFHUOHQRXYHDXUpVHUYRLUG¶KXLOH,GDQVVRQORJHPHQWHW
UHIHUPHUODSRUWH
9RWUHGHVWUXFWHXUGHGRFXPHQWVHVWjQRXYHDXSUrWj
IRQFWLRQQHUDYHFXQJURXSHGHFRXSHJUDLVVp
$77(17,21'XUDQWOHVSUHPLqUHVPLQXWHVGHPDUFKHOH
YR\DQWOXPLQHX[ILJSRXUUDLWFRQWLQXHUjFOLJQRWHUDSUqVOH
UHPSODFHPHQWGXUpVHUYRLUG¶KXLOH,FDUOHWXEHG¶pPLVVLRQ
G¶KXLOHQ¶HVWSDVHQFRUHFRPSOqWHPHQWSOHLQ3RXUDFFpOpUHUOH
UHPSOLVVDJHIDLUHPDUFKHUO¶DSSDUHLOjYLGHSHQGDQWDXPRLQVô
PLQXWHVRXWHQLUODWRXFKH)25:$5'DSSX\pH
1(-$0$,6XWLOLVHUG¶KXLOHV\QWKpWLTXHGHSURGXLWVjEDVH
G¶HVVHQFHRXGHOXEULILDQWVDpURVROVjO¶LQWpULHXURXjSUR[LPLWp
GHO¶DSSDUHLO
6+5('',1*&'5206'9'6)/233<',6.6&5(',7
&$5'6
:KHQRSWLFDOPHGLDLVLQVHUWHGLQWRWKHWKURDWWKHOHGEDU)
FRPHVRQDQGWKHPDFKLQHDXWRPDWLFDOO\VWDUWVVKUHGGLQJWKDQNV
WRWZRHOHFWURQLFH\HV$ORFDWHGLQVLGHWKHWKURDWZKLFK
GHWHFWWKHPRYHPHQWRIWKHPDWHULDOWREHVKUHGGHGDQGWKHQ
DXWRPDWLFDOO\VWRSWKHFXWWLQJEODGHVDIWHUDIHZVHFRQGVZKHQ
VKUHGGLQJLVFRPSOHWHG
7KHPDFKLQHLVILWWHGZLWKDVSHFLILFFRILJIRU
FROOHFWLRQRIVKUHGGHGPDWHULDOWRKROGVKUHGGHGIUDJPHQWVRI
&''9')/233<',6.&5(',7&$5'DQGIRUNHHSLQJWKHP
VHSDUDWHLQRUGHUWRIDFLOLWDWHUHF\FOLQJ
$8720$7,&)81&7,216
.2%5$76PRGHOVIHDWXUHWKHIROORZLQJDXWRPDWLFIXQFWLRQV
R
(/(&7521,&(<(6$RU$DFWLYDWHWKHVKUHGGHUDV
VRRQDVVKHHWVRISDSHURURSWLFDOPHGLDDUHLQVHUWHGLQWR
WKHVKUHGGHUWKURDWVRU
R
$8720$7,&6723LIWKHEDJLVIXOORUWKHGRRULVRSHQ
VLJQDOOHGE\DOLJKWRURQWKHFRQWUROSDQHOFRPLQJ
RQ
R
027256$9(5ZKLFKLQWHUUXSWVWKHVKUHGGHULILW
RYHUKHDWVLIWKHPRWRUVDYHUFRPHVRQOHWWKHVKUHGGHU
FRROGRZQIRUPLQXWHVDIWHUZKLFKLWZLOOWXUQLWVHOIRQ
DJDLQDXWRPDWLFDOO\
R
$8720$7,&5(7851SUHYHQWVMDPPLQJZKHQDQ
H[FHVVLYHTXDQWLW\RISDSHUIRUWKHPD[LPXPORDGLV
LQVHUWHGE\DFFLGHQWFXWWLQJRIIWKHSRZHUDQGJRLQJLQWR
UHYHUVHIRUDIHZVHFRQGVLQRUGHUWRIUHHXSWKHFXWWLQJ
EODGHV
R
(1(5*<60$576<67(0
VHFRQGVDIWHU
WKHODVWVKUHG
F\FOHWKHPDFKLQHDXWRPDWLFDOO\JRHVRQ67$1'%<ZLWK
]HURHQHUJ\FRQVXPSWLRQDQGWKHOHG*RQWKHFRQWURO
SDQHOFRPHVRQ
$IWHUIRXUKRXUV
RILQDFWLYLW\WKHVKUHGGHU
DXWRPDWLFDOO\FXWVLWVHOIRIIIURPWKHSRZHUVXSSO\
&$5($1'0$,17(1$1&(
.2%5$76VKUHGGHUKDYHQRQHHGIRUDQ\SDUWLFXODU
PDLQWHQDQFH
+RZHYHULWLVUHFRPPHQGHGWRSHULRGLFDOO\FKHFNWKHTXDQWLW\RI
RLOLQWKHFRQWDLQHU,ILJ/DFNRIRLOLQWKHFRQWDLQHULV
VLJQDOOHGE\WKHOHGILJ
,IHPSW\UHSODFHLWZLOODIXOORLOFRQWDLQHUWRHQVXUHHIILFLHQW
RSHUDWLRQDQGSURORQJWKHOLIHRIWKHFXWWLQJEODGHV
)LUH
+D]DUG
$8720$7,&2,/(56<67(0
.2%5$76VKUHGGHUVIHDWXUHDVSHFLDODXWRPDWLFV\VWHPIRU
OXEULFDWLQJWKHFXWWLQJNQLYHV
,167$//$7,21ILJ
$IWHUXQSDFNLQJWKHVKUHGGHURSHQWKHGRRU
8QVFUHZWKHVHDOHGFDSRQWKHRLOFRQWDLQHU,DQGGLVFDUG
LQVHUWWKHRLOWXEH/DQGWLJKWHQWKHOLG0DVVKRZQLQILJXUH
3XOORXWWKHKROGHU%DVVKRZQLQILJXUHWDNHWKHSODVWLFEDJ
1ILJZKLFKFRPHVZLWKWKHVKUHGGHUDQGILWLWWRWKHEDJ
KROGHURDQGSXWLWLQVLGHWKHFDDVVKRZQLQILJXUH
23(5$7,21
3OXJLQWKHVKUHGGHUWRWKHSRZHUVXSSO\DQGSUHVVWKH212))
(VZLWFKILJDQGWKHOHGEDU)ILJFRPHVRQDQGWKH
VKUHGGHULVUHDG\WRJR
'XULQJWKHILUVWIHZPLQXWHVRIRSHUDWLRQWKHOHGILJPD\
IODVKVLQFHWKHRLOWXEHLVQRW\HWFRPSOHWHO\IXOO,QRUGHUWR
VSHHGLWXSDQGWXUQRIIWKH2,/OHGRSHUDWHWKHVKUHGGHURQ
HPSW\IRUôPLQXWHVE\SUHVVLQJWKH)25:$5'EXWWRQ
ILJ
1RZ\RXUVKUHGGHULVUHDG\DQGWKHFXWWLQJEODGHVDUHRLOHG
/DFNRIRLOLQWKHFRQWDLQHULVVLJQDOOHGE\WKH2,/OHGILJ
IODVKLQJ
5(3/$&,1*7+(2,/&217$,1(5ILJ
2SHQWKHGRRU
7DNHWKHHPSW\RLOFRQWDLQHU,RXWRILWVKRXVLQJXQVFUHZWKH
FDS0RQWRSRIWKHFRQWDLQHUDQGSXOORXWWKHWXEH/
7DNHDQHZRLOFRQWDLQHUXQVFUHZWKHVHDOHGFDSDQGGLVFDUG
LQVHUWWKHRLOWXEDQGIXOO\WLJKWHQWKHOLG0
3XWWKHQHZRLOFRQWDLQHU,LQWRLWVVORWDQGFORVHWKHGRRU
1RZ\RXUVKUHGGHULVUHDG\WRJRDJDLQDQGWKHFXWWLQJEODGHV
DUHOXEULFDWHG
:$51,1*7KHOHGILJFRXOGFRQWLQXHIODVKLQJIRUDIHZ
PLQXWHVDIWHUWKHRLOFRQWDLQHU,KDVEHHQUHSODFHGEHFDXVHWKH
RLOIHHGHUWXEHLVQRW\HWFRPSOHWHO\IXOO7RVSHHGLWXSUXQWKH
VKUHGGHURQHPSW\IRUDWOHDVWôPLQXWHVRUSUHVVWKH
)25:$5'EXWWRQ
1(9(5XVHV\QWKHWLFRLOEHQ]HQHEDVHGSURGXFWVRUDHURVRO
OXEULFDQWVRIDQ\NLQGLQVLGHWKHVKUHGGHURULQLWVYLFLQLW\
'(6758&7,21'(&'520'9'',648(77(6&$57(6
%$1&$,5(6
/RUVTXHGHVVXSSRUWVRSWLTXHVVRQWLQWURGXLWVGDQVO¶RXYHUWXUH
ODEDUUHOXPLQHXVH)V¶DOOXPHHWO¶DSSDUHLOFRPPHQFH
DXWRPDWLTXHPHQWODGHVWUXFWLRQJUkFHjGHX[FHOOXOHV
SKRWRpOHFWULTXHV$VLWXpHVjO¶LQWpULHXUGHO¶RXYHUWXUH&HV
FHOOXOHVHQUHJLVWUHQWOHSDVVDJHGXPDWpULHOjGpWUXLUHHWDUUrWHQW
DXWRPDWLTXHPHQWOHJURXSHGHFRXSHTXHOTXHVVHFRQGHVDSUqV
ODILQGHODGHVWUXFWLRQ
/¶DSSDUHLOHVWpTXLSpG¶XQEDFILJSHUPHWWDQWGH
UpFXSpUHUOHVIUDJPHQWVGH&''9'',648(77(6&$57(6
%$1&$,5(6HWGHOHVVpSDUHUSRXUIDFLOLWHUOHWULVpOHFWLIGHV
PDWpULDX[
)21&7,216$8720$7,48(6
/HVPRGqOHV.2%5$76VRQWGRWpVGHVIRQFWLRQV
DXWRPDWLTXHVVXLYDQWHV
R
&(//8/(63+272e/(&75,48(6$RX$SRXUOH
GpPDUUDJHDXWRPDWLTXHGHO¶DSSDUHLOHQLQWURGXLVDQW
VLPSOHPHQWOHVIHXLOOHVRXOHVVXSSRUWVRSWLTXHVGDQV
O¶RXYHUWXUHRX
R
$55Ç7$8720$7,48(ORUVTXHODFRUEHLOOHjGpFKHWVHVW
SOHLQHRXVLODSRUWHHVWRXYHUWH8QYR\DQWOXPLQHX[RX
V¶DOOXPHVXUOHWDEOHDXGHFRPPDQGH
R
3527(&7,217+(50,48('8027(85SRXU
LQWHUURPSUHOHIRQFWLRQQHPHQWGHODPDFKLQHHQFDVGH
VXUFKDXIIHHQFDVG¶LQWHUYHQWLRQGHODSURWHFWLRQ
WKHUPLTXHGXPRWHXUODLVVHUUHIURLGLUO¶DSSDUHLOSHQGDQW
PLQXWHVDXPRLQVSXLVFHGHUQLHUVHUHPHW
DXWRPDWLTXHPHQWHQPDUFKH
5(7285$8720$7,48(HQFDVGHERXUUDJH(QFDV
G¶LQWURGXFWLRQDFFLGHQWHOOHG¶XQHTXDQWLWpGHSDSLHU
VXSpULHXUHjODFDSDFLWpPD[LPDOHGXPRGqOHFHWWH
IRQFWLRQFRXSHOHFRXUDQWGXPRWHXUpOHFWULTXHSXLVHOOH
HIIHFWXHSHQGDQWTXHOTXHVVHFRQGHVXQHPDUFKHDUULqUH
SRXUOLEpUHUOHVF\OLQGUHVGHFRXSH
R
6<67Ê0((1(5*<60$57
VHFRQGHVDSUqV
OD
GHUQLqUHGHVWUXFWLRQO¶DSSDUHLOVHPHWDXWRPDWLTXHPHQWHQ
pWDWGHYHLOOHVLJQDOpVXUOHWDEOHDXGHFRPPDQGHSDUOH
YR\DQWOXPLQHX[*SRXUJDUDQWLUXQHFRQVRPPDWLRQ
TXDVLPHQWQXOOH
$SUqVTXDWUHKHXUHV
G¶LQXWLOLVDWLRQ
O¶DSSDUHLOFRXSHDXWRPDWLTXHPHQWOHFRXUDQW
(175(7,(1(70$,17(1$1&(
/HVGHVWUXFWHXUVGHGRFXPHQWV.2%5$76Q¶RQWSDVEHVRLQ
G¶HQWUHWLHQSDUWLFXOLHU
,OHVWWRXWHIRLVSUpIpUDEOHGHFRQWU{OHUSpULRGLTXHPHQWODTXDQWLWp
G¶KXLOHSUpVHQWHGDQVOHUpVHUYRLU,ILJ/¶DEVHQFHG¶KXLOH
GDQVOHUpVHUYRLUHVWVLJQDOpHSDUXQYR\DQWOXPLQHX[ILJ
/RUVTXHOHUpVHUYRLUHVWYLGHOHUHPSOLUG¶KXLOHSRXUJDUDQWLU
HIILFDFLWpHWGXUpHGHYLHGXJURXSHGHFRXSH
5LVTXH
G¶LQFHQGLH
6<67(0('(*5$,66$*($8720$7,48(³$8720$7,&
2,/(5´
/HVGHVWUXFWHXUVGHGRFXPHQWV.2%5$76VRQWpTXLSpV
G¶XQV\VWqPHGHJUDLVVDJHVSpFLDOSRXUOHVFRXWHDX[GHFRXSH
,167$//$7,21ILJ
$SUqVDYRLUGpEDOOpO¶DSSDUHLORXYULUODSRUWH
'pYLVVHUOHERXFKRQVFHOOpGXUpVHUYRLUG¶KXLOH,HWOHMHWHU<
LQWURGXLUHOHWXEHG¶KXLOH/HWVHUUHUjIRQGOHERXFKRQ0GHOD
IDoRQLQGLTXpHGDQVODILJXUH
([WUDLUHODVWUXFWXUH%HQVXLYDQWOHVLQGLFDWLRQVGHODILJXUH
SUHQGUHOHVDFHQSODVWLTXHIRXUQL1ILJOHUHSODFHUVXUOH
FDGUHSRUWHVDFRHWOHPHWWUHGDQVOHVDFGHOD
IDoRQLQGLTXpHGDQVODILJXUH
)21&7,211(0(17
$SUqVDYRLUGpEUDQFKpO¶DSSDUHLODSSX\HUVXUO¶LQWHUUXSWHXU
212))(ILJ/DEDUUHOXPLQHXVH)ILJV¶DOOXPHHW
O¶DSSDUHLOHVWSUrWjIRQFWLRQQHU
'XUDQWOHVSUHPLqUHVPLQXWHVGHPDUFKHOHYR\DQWOXPLQHX[
ILJSRXUUDLWFOLJQRWHUFDUOHWXEHG¶pPLVVLRQG¶KXLOHQ¶HVWSDV
HQFRUHFRPSOqWHPHQWSOHLQ3RXUDFFpOpUHUOHUHPSOLVVDJHHW
pWHLQGUHOHYR\DQW2,/IDLUHPDUFKHUO¶DSSDUHLOjYLGHSHQGDQW
ô PLQXWHVHQWHQDQWODWRXFKH)25:$5'ILJDSSX\pH
9RWUHGHVWUXFWHXUGHGRFXPHQWVHVWGpVRUPDLVSUrWjIRQFWLRQQHU
DYHFXQJURXSHGHFRXSHJUDLVVp
/¶DEVHQFHG¶KXLOHGDQVOHUpVHUYRLUHVWVLJQDOpHSDUOHYR\DQW
FOLJQRWDQW2,/ILJ
5(03/$&(0(17'85(6(592,5'¶+8,/(ILJ
2XYULUODSRUWH
([WUDLUHOHUpVHUYRLUG¶KXLOH,YLGHGHVRQORJHPHQW'pYLVVHUOH
ERXFKRQ0VLWXpVXUODSDUWLHVXSpULHXUHGXUpVHUYRLUHWUHWLUHU
OHWXEH/
3UHQGUHXQQRXYHDXUpVHUYRLUG¶KXLOHGpYLVVHUOHERXFKRQVFHOOp
HWOHMHWHU<LQWURGXLUHOHWXEHG¶KXLOH/HWVHUUHUjIRQGOH
ERXFKRQ0
5HSODFHUOHQRXYHDXUpVHUYRLUG¶KXLOH,GDQVVRQORJHPHQWHW
UHIHUPHUODSRUWH
9RWUHGHVWUXFWHXUGHGRFXPHQWVHVWjQRXYHDXSUrWj
IRQFWLRQQHUDYHFXQJURXSHGHFRXSHJUDLVVp
$77(17,21'XUDQWOHVSUHPLqUHVPLQXWHVGHPDUFKHOH
YR\DQWOXPLQHX[ILJSRXUUDLWFRQWLQXHUjFOLJQRWHUDSUqVOH
UHPSODFHPHQWGXUpVHUYRLUG¶KXLOH,FDUOHWXEHG¶pPLVVLRQ
G¶KXLOHQ¶HVWSDVHQFRUHFRPSOqWHPHQWSOHLQ3RXUDFFpOpUHUOH
UHPSOLVVDJHIDLUHPDUFKHUO¶DSSDUHLOjYLGHSHQGDQWDXPRLQVô
PLQXWHVRXWHQLUODWRXFKH)25:$5'DSSX\pH
1(-$0$,6XWLOLVHUG¶KXLOHV\QWKpWLTXHGHSURGXLWVjEDVH
G¶HVVHQFHRXGHOXEULILDQWVDpURVROVjO¶LQWpULHXURXjSUR[LPLWp
GHO¶DSSDUHLO
AUTOMATIC OILER SYSTEM
KOBRA 410TS shredders feature a special automatic system for
lubricating the cutting knives.
INSTALLATION fig.1,2,3
After unpacking the shredder, open the door.
Unscrew the sealed cap on the oil container (I) and discard,
insert the oil tube (L) and tighten the lid (M) as shown in figure 2.
Pull out the holder (B) as shown in figure 1, take the plastic bag
(N) fig.3 which comes with the shredder and fit it to the bag
holder (o) and put it inside the canvas bag (H) as shown in figure
3.
OPERATION;
Plug in the shredder to the power supply and press the ON/OFF
(E) switch fig.4, and the led bar (F) fig.4 comes on and the
shredder is ready to go.
During the first few minutes of operation, the led (8) fig.4 may
flash since the oil tube is not yet completely full. In order to
speed it up and turn off the OIL led (8), operate the shredder on
empty for ¾ minutes by pressing the FORWARD button (9)
fig.4.
Now your shredder is ready and the cutting blades are oiled..
Lack of oil in the container is signalled by the OIL led (8) fig.4
flashing.
REPLACING THE OIL CONTAINER fig.2
Open the door.
Take the empty oil container (I) out of its housing, unscrew the
cap (M) on top of the container and pull out the tube (L).
Take a new oil container, unscrew the sealed cap and discard,
insert the oil tub and fully tighten the lid (M).
Put the new oil container (I) into its slot and close the door.
Now your shredder is ready to go again and the cutting blades
are lubricated.
WARNING!!! The led (8) fig.4 could continue flashing for a few
minutes after the oil container (I) has been replaced because the
oil feeder tube is not yet completely full. To speed it up, run the
shredder on empty for at least ¾ minutes or press the
FORWARD button (9).
Fire
Hazard
NEVER use synthetic oil, benzene based products or aerosol
lubricants of any kind inside the shredder or in its vicinity
ACCESSORIES
SHREDDING CD-ROMS/DVDS/FLOPPY DISKS/CREDIT
CARDS
When optical media is inserted into the throat (10) the led bar (F)
comes on and the machine automatically starts shredding thanks
to two electronic eyes (10A) located inside the throat which
detect the movement of the material to be shredded and then
automatically stop the cutting blades after a few seconds when
shredding is completed.
The machine is fitted with a specific container (H); fig.1, for
collection of shredded material to hold shredded fragments of
CD/DVD/FLOPPY DISK/CREDIT CARD and for keeping them
separate in order to facilitate recycling.
AUTOMATIC FUNCTIONS
KOBRA 410TS models feature the following automatic functions:
o
ELECTRONIC EYES (1A) or (10A) activate the shredder as
soon as sheets of paper or optical media are inserted into
the shredder throats (1) or (10).
o
AUTOMATIC STOP if the bag is full or the door is open
signalled by a light (4) or (5) on the control panel coming
on.
o
MOTOR SAVER which interrupts the shredder if it
overheats (if the motor saver comes on, let the shredder
cool down for 10/15 minutes, after which it will turn itself on
again automatically).
o
AUTOMATIC RETURN prevents jamming when an
excessive quantity of paper for the maximum load is
inserted by accident, cutting off the power and going into
reverse for a few seconds in order to free up the cutting
blades.
o
ENERGY SMART SYSTEM
8 seconds after
the last shred
cycle, the machine automatically goes on STAND-BY with
zero energy consumption and the led (G) on the control
panel comes on.
After four hours
of inactivity the shredder
automatically cuts itself off from the power supply.
CARE AND MAINTENANCE
KOBRA 410TS shredder have no need for any particular
maintenance.
However it is recommended to periodically check the quantity of
oil in the container ( I ) fig.2. Lack of oil in the container is
signalled by the led (8 ) fig.4.
If empty, replace it will a full oil container to ensure efficient
operation and prolong the life of the cutting blades.
