Page # 52
:$55$17<
6,28;$8720$7,21&(17(5,1&+HUHDIWHUQRWHGDV6$&ZDUUDQWVWRWKHRULJLQDOSXUFKDVHU
RIDQHZ6$&SURGXFWIURPDQDXWKRUL]HG6$&GHDOHUWKDWWKHSURGXFWDQGWKHFRPSRQHQWVWKHUHRI
PDQXIDFWXUHGE\6$&DUHIUHHIURPGHIHFWVLQPDWHULDODQGZRUNPDQVKLSDWWKHWLPHRIVKLSPHQW
6$&IXUWKHUZDUUDQWVWRVXFKSXUFKDVHUWKDWHDFKQHZ6$&SURGXFWZLOOSHUIRUPZLWKRXWVWUXFWXUDO
RURSHUDWLRQDOIDLOXUHLIWKHSURGXFWLVDVVHPEOHGDQGPRXQWHGLQDFFRUGDQFHZLWK6$&¶VLQVWUXFWLRQ
DQGGUDZLQJVDQGLVWKHQRSHUDWHGDQGPDLQWDLQHGDVGHVFULEHGLQWKH2ZQHU¶V0DQXDO
:$55$17<3(5,2'
7KHDERYHZDUUDQW\RQPDWHULDOVDQGZRUNPDQVKLSVKDOOEHHIIHFWLYHIRUDSHULRGRIWKUHH\HDUVRQ
ZHLJKEDUVORDGFHOOVDQGRQH\HDURQPDWHULDODQGZRUNPDQVKLSRIDOORWKHUFRPSRQHQWV7KH
ZDUUDQW\SHULRGVKDOOEHHIIHFWLYHIURPWKHGDWHRIGHOLYHU\E\WKH6$&GHDOHUWRWKHLQLWLDO
SXUFKDVHU
385&+$6(5¶65(0(',(6
,IDZDUUDQWHG6$&SURGXFWRUFRPSRQHQWIDLOVWRFRQIRUPWRWKHDERYHZDUUDQW\GXULQJWKHZDUUDQW\
SHULRG6$&ZLOOIXUQLVKWKHSDUWVDQGODERUDWWKHIDFWRU\RUDXWKRUL]HGGHDOHUQHFHVVDU\WRFRUUHFW
VXFKIDLOXUHSURYLGHG6$&LVQRWLILHGWKURXJKWKHVHOOLQJUHSUHVHQWDWLYHZLWKLQGD\VRIWKH
GLVFRYHU\RIWKHIDLOXUH$OOZDUUDQW\VXEPLVVLRQVPXVWLQFOXGHWKHRULJLQDOSDUWLQTXHVWLRQDORQJ
ZLWKDSURSHUO\ILOOHGRXWZDUUDQW\FODLPVKHHWEHIRUHDZDUUDQW\DZDUGZLOOEHPDGH/DERUDWWKH
IDFWRU\RUGHDOHULVVSHFLILHGDVODERUGRQHDWWKH6$&IDFWRU\RU6$&DXWKRUL]HGGHDOHU21/<6$&
ZLOOSD\WKHFRPPRQFDUULHUIUHLJKWH[SHQVHRISDUWVWRDQGIURPWKHRZQHU)DVWHUIUHLJKWVHUYLFHLV
DYDLODEOHZLWKWKHRZQHUSD\LQJWKHGLIIHUHQFHLQFRVWEHWZHHQFRPPRQFDUULHUDQGSUHIHUUHG
PHWKRGE\RZQHU)UHLJKWRIZKROHJRRGVWRRUIURPWKHIDFWRU\LVWKHRZQHU¶VH[SHQVHUHJDUGOHVVLI
WKH\IDLOXQGHUZDUUDQW\RUQRW$OOZDUUDQW\GHFLVLRQVZLOOEHILQDO
(;&/86,216
7KLVZDUUDQW\VKDOOQRWDSSO\WRFRPSRQHQWSDUWVRUDFFHVVRULHVRISURGXFWVQRWPDQXIDFWXUHGE\
6$&DQGZKLFKFDUU\WKHZDUUDQW\RIWKHPDQXIDFWXUHUWKHUHRI,WHPVRIKLJKZHDUDQGUHJXODU
PDLQWHQDQFHVKDOOQRWEHFRYHUHGXQGHUWKLVZDUUDQW\7KLVZDUUDQW\VKDOOEHYRLGLIDQ\SDUWRUSDUWV
QRWPDQXIDFWXUHGE\6$&DUHXVHGHLWKHULQPDLQWDLQLQJRUVHUYLFLQJRIWKHSURGXFWVFRYHUHGE\WKLV
ZDUUDQW\1RZDUUDQW\ZKDWVRHYHULVPDGHRQXVHGVHFRQGKDQGDOWHUHGRUUHEXLOWPDFKLQHU\
7+(2:1(56:$55$17<5(*,675$7,210867%(5(&(,9('%<6$&25$1
$87+25,=('6$&'($/(5:,7+,1'$<62)'(/,9(5<25$//:$55$17<,6
18//$1'92,'
7+,6:$55$17<,6(;7(1'('21/<727+(,1,7,$/385&+$6(5)520$1
$87+25,=('6$&'($/(5$1'0$<127%(5($66,*1('7+,6:$55$17<,6
(;35(66/<,1/,(82)$1<27+(5:$55$17,(6(;35(66('25,03/,('
,1&/8',1*$1<,03/,(':$55$17,(62)0(5&+$17$%,/,7<25)25$
3$57,&8/$5385326($1'6$&1(,7+(5$6680(625$87+25,=(6$1<
27+(53(562172$6680()25,7$1<27+(5/,$%,/,7<7+(5($5(12
:$55$17,(6:+,&+(;7(1'%(<21'7+('(6&5,37,21217+()$&(
7+(5(2)
:HUHVHUYHWKHULJKWWRPDNHLPSURYHPHQWVWRDQ\RIRXUSURGXFWVZLWKRXWQRWLFHRUREOLJDWLRQ
UHJDUGLQJPRGHOVSUHYLRXVO\VROG
0$1
(IIHFWLYH
