6HUYLFH0DQXDO
7HFKQLFDO,QIRUPDWLRQ
RSHUDWLRQDXWRPDWLFDOO\DQGHUURUFRGHZLOOEHGLVSOD\HGVXFFHVVLYHO\2QO\SUHVV212))EXWWRQFDQUHVXPHWKHRSHUDWLRQ'XULQJ
RSHUDWLRQSURFHVVLIFRPSUHVVRURSHUDWHVIRUPRUHWKDQPLQWLPHVRIVWRSRSHUDWLRQGXHWRGLVFKDUJHSURWHFWLRQZLOOEHFOHDUHG
0DOIXQFWLRQDQGPDOIXQFWLRQWLPHVZLOOEHFOHDUHGLPPHGLDWHO\ZKHQWXUQLQJRIIWKHXQLWRUVZLWFKLQJWRIDQPRGH
&XUUHQWSURWHFWLRQIXQFWLRQ
ķ
,I$,$&FXUUHQWRSHUDWLRQIUHTXHQF\RIFRPSUHVVRUZLOOGHFUHDVHRURSHUDWLRQIUHTXHQF\RIFRPSUHVVRUZLOOVWRSLQFUHDVLQJ
ĸ
,I$,$&FXUUHQWWKHXQLWVWRSVRSHUDWLRQGXHWRRYHUFXUUHQWSURWHFWLRQ:KHQFRPSUHVVRUKDVVWRSSHGRSHUDWLRQIRUPLQWKH
FRPSOHWHXQLWFDQWKHQEHDOORZHGWRUHVXPHRSHUDWLRQ
Ĺ
,IWKHXQLWVWRSVRSHUDWLRQGXHWRRYHUFXUUHQWSURWHFWLRQIRUWLPHVVXFFHVVLYHO\WKHXQLWFDQWUHVXPHRSHUDWLRQDXWRPDWLFDOO\
2QO\SUHVV212))EXWWRQFDQUHVXPHWKHRSHUDWLRQ'XULQJRSHUDWLRQSURFHVVLIFRPSUHVVRURSHUDWHVIRUPRUHWKDQPLQWLPHV
RIVWRSRSHUDWLRQGXHWRRYHUFXUUHQWSURWHFWLRQZLOOEHFOHDUHG
9ROWDJHGURSSLQJSURWHFWLRQ
'XULQJRSHUDWLRQLIWKHYROWDJHLVGHFUHDVLQJTXLFNO\WKHXQLWPD\VWRSRSHUDWLRQDQGDODUPYROWDJHGURSSLQJPDOIXQFWLRQPLQV
ODWHUWKHXQLWZLOOEHUHVWDUWHGXSDXWRPDWLFDOO\
&RPPXQLFDWLRQPDOIXQFWLRQ
,ILWKDVQWUHFHLYHGWKHFRUUHFWVLJQDOIURPLQGRRUXQLWIRUPLQVXFFHVVLYHO\WKHXQLWZLOOVWRSRSHUDWLRQGXHWRFRPPXQLFDWLRQ
PDOIXQFWLRQ,IFRPPXQLFDWLRQPDOIXQFWLRQLVUHVXPHGDQGFRPSUHVVRUKDVVWRSSHGIRUPLQWKHFRPSOHWHXQLWFDQWKHQEHDOORZHGWR
UHVXPHRSHUDWLRQ
,30PRGXOHSURWHFWLRQ
$IWHUFRPSUHVVRULVWXUQHGRQLILWFDXVHVRYHUFXUUHQWWR,30PRGXODURUFRQWUROYROWDJHLVWRRORZGXHWRVRPHDEQRUPDOFDXVHV,3
ZLOOJHQHUDWHPRGXODUSURWHFWLRQVLJQDO0DLQFKLSZLOOGHWHFWWKHPRGXODUSURWHFWLRQVLJQDODVVRRQDVWKHXQLWLVWXUQHGRQ2QFH
PRGXODUSURWHFWLRQVLJQDOLVGHWHFWHGWKHXQLWZLOOVWRSRSHUDWLRQLPPHGLDWHO\GXHWRSURWHFWLRQ,IPRGXODUSURWHFWLRQLVUHVXPHGDQG
FRPSUHVVRUKDVVWRSSHGIRUPLQWKHFRPSOHWHXQLWFDQWKHQEHDOORZHGWRUHVXPHRSHUDWLRQ
,IWKHXQLWVWRSVRSHUDWLRQGXHWRPRGXODUSURWHFWLRQIRUWLPHVVXFFHVVLYHO\WKHXQLWFDQWUHVXPHRSHUDWLRQDXWRPDWLFDOO\H[FHSW
SUHVVLQJ212))EXWWRQ,IFRPSUHVVRUKDVRSHUDWHVIRUPRUHWKDQPLQVXFFHVVLYHO\WKHVWRSRSHUDWLRQWLPHVGXHWRPRGXODU
SURWHFWLRQZLOOEHFOHDUHG
0RGXODURYHUKHDWLQJSURWHFWLRQ
ķ
,I&7PRGXODURSHUDWLRQIUHTXHQF\RIFRPSUHVVRUZLOOGHFUHDVHRURSHUDWLRQIUHTXHQF\RIFRPSUHVVRUZLOOVWRSLQFUHDVLQJ
ĸ
,I&7PRGXODUWKHXQLWZLOOVWRSRSHUDWLRQGXHWRSURWHFWLRQLI7PRGXODU&DQGFRPSUHVVRUKDVVWRSSHGIRUPLQWKH
FRPSOHWHXQLWFDQWKHQEHUHVXPHRSHUDWLRQ
Ĺ
,IWKHXQLWVWRSVRSHUDWLRQGXHWRPRGXODURYHUKHDWLQJSURWHFWLRQIRUWLPHVVXFFHVVLYHO\WKHXQLWFDQWUHVXPHRSHUDWLRQ
DXWRPDWLFDOO\2QO\SUHVV212))EXWWRQFDQUHVXPHWKHRSHUDWLRQ'XULQJRSHUDWLRQSURFHVVLIFRPSUHVVRURSHUDWHVIRUPRUH
WKDQPLQWLPHVRIVWRSRSHUDWLRQGXHWRPRGXODURYHUKHDWLQJSURWHFWLRQZLOOEHFOHDUHG0DOIXQFWLRQWLPHVZLOOEHFOHDUHGLPPHGLDWHO\
ZKHQWXUQLQJRIIWKHXQLWRUVZLWFKLQJWRIDQPRGH
2YHUORDGSURWHFWLRQRIFRPSUHVVRU
ķ
,ILWGHWHFWHGWKDWRYHUORDGVZLWFKRIFRPSUHVVRUEUHDNVIRUVVXFFHVVLYHO\WKHV\VWHPZLOOVWRSRSHUDWLRQGXHWRSURWHFWLRQ
ĸ
,ILWGHWHFWHGRYHUORDGSURWHFWLRQLVUHVXPHGDQGFRPSUHVVRUKDVVWRSSHGIRUPLQWKHFRPSOHWHXQLWFDQWKHQEHDOORZHGWR
UHVXPHRSHUDWLRQ
Ĺ
,ILWGHWHFWHGWKDWWKHXQLWVWRSVRSHUDWLRQGXHWRRYHUORDGSURWHFWLRQRIFRPSUHVVRUIRUWLPHVVXFFHVVLYHO\WKHXQLWFDQWUHVXPH
RSHUDWLRQDXWRPDWLFDOO\H[FHSWSUHVVLQJ212))EXWWRQ$IWHUFRPSUHVVRURSHUDWHVIRUPLQRYHUORDGSURWHFWLRQWLPHVRIFRPSUHVVRU
ZLOOEHFOHDUHG