ìïæ 3URWHFWLYH IXQFWLRQV
63(&,),&$7,216
ìçå
$ï
7KH )5ð$èíí DQG )5ð(èíí VHULHV KDYH WKH IROORZLQJ
SURWHFWLYH IXQFWLRQVï :KHQ WKH SURWHFWLYH FLUFXLW LV
DFWLYDWHGñ WKH ,30 JDWH LV VKXW RII WR VWRS WKH RXWSXW
DQG SURWHFW WKH GHYLFHVï $W WKLV WLPHñ WKH RSHUDWLRQ
SDQHO õSDUDPHWHU XQLWô GLVSOD\ LV DXWRPDWLFDOO\
VZLWFKHG WR WKH FRUUHVSRQGLQJ DODUP LQGLFDWLRQ JLYHQ
EHORZ DQG WKH PRWRU LV FRDVWHG WR D VWRSï 7R UHVWDUW
WKH PRWRUñ XVH WKH UHVHW WHUPLQDO õVZLWFK RQðRII 56ð
6'ô RU VZLWFK RII LQSXW SRZHU RQFH WR UHVHW WKH
LQYHUWHUï 7KH LQYHUWHU PD\ DOVR EH UHVHW E\ WKH 38
RSHUDWLRQ SDQHOï
7KH SURWHFWLYH IXQFWLRQ OLVW LV JLYHQ EHORZï
3URWHFWLYH )XQFWLRQ /LVW
7KH IROORZLQJ SURWHFWLYH IXQFWLRQV DUH GHVLJQHG WR
SURWHFW WKH LQYHUWHU LWVHOI õH[FHSW WKH HOHFWURQLF DUH
WKHUPDO UHOD\ô DQG PD\ DOVR EH DFWLYDWHG ZKHQ WKH
LQYHUWHU KDV EHFRPH IDXOW\ï
'LVSOD\
&RUUHVSRQGLQJ
0RGHO
)XQFWLRQ 1DPH
'HVFULSWLRQ
õ2SHUDWLRQ
SDQHOô
õ3DUDPHWHU XQLWô
$èíí
(èíí
'XULQJ
DFFHOHUDWLRQ õ2&ìô
2F 'XULQJ $FF
{
{
'XULQJ
FRQVWDQW
VSHHG
õ1RWH ìô
õ2&ëô
6WHDG\ 6SG 2F
{
{
2YHUFXUUHQW VKXWðRII
0DLQ FLUFXLW GHYLFH RYHUKHDW
õ,30ô
:KHQ WKH LQYHUWHU RXWSXW FXUUHQW KDV
UHDFKHG RU H[FHHGHG DERXW ëííø RI
WKH UDWHG FXUUHQW GXULQJ
DFFHOHUDWLRQîGHFHOHUDWLRQ RU
FRQVWDQWðVSHHG RSHUDWLRQñ RU ZKHQ
WKH PDLQ FLUFXLW GHYLFH õ,30ô KDV
RYHUKHDWHG GXH WR FRROLQJ IDQ VWRSñ
RYHUORDG HWFï WKH SURWHFWLYH FLUFXLW LV
DFWLYDWHG WR VWRS WKH LQYHUWHU RXWSXWï
'XULQJ
GHFHOHUDWLRQ õ2&êô
2F 'XULQJ 'HF
{
{
'XULQJ
DFFHOHUDWLRQ õ29ìô
2Y 'XULQJ $FF
{
{
'XULQJ
FRQVWDQW
VSHHG
õ1RWH ìô
õ29ëô
6WHDG\ 6SG 2Y
{
{
5HJHQHUDWLYH RYHUYROWDJH
VKXWðRII
:KHQ WKH PDLQ FLUFXLW '& YROWDJH LQ
WKH LQYHUWHU KDV UHDFKHG RU
H[FHHGHG WKH VSHFLILHG YDOXH GXULQJ
DFFHOHUDWLRQîGHFHOHUDWLRQ RU
FRQVWDQWðVSHHG RSHUDWLRQ GXH WR
UHJHQHUDWLYH HQHUJ\ DW WKH WLPH RI
PRWRU EUDNLQJñ WKH SURWHFWLYH FLUFXLW
LV DFWLYDWHG WR VWRS WKH LQYHUWHU
RXWSXWï 7KLV IXQFWLRQ PD\ DOVR EH
DFWLYDWHG E\ D VXUJH YROWDJH
JHQHUDWHG LQ WKH SRZHU VXSSO\
V\VWHPï
'XULQJ
GHFHOHUDWLRQ õ29êô
2Y 'XULQJ 'HF
{
{
0RWRU
:KHQ WKH HOHFWURQLF WKHUPDO UHOD\ EXLOW LQ WKH LQYHUWHU
GHWHFWV PRWRU RYHUKHDW GXH WR RYHUORDG RU FRROLQJ
FDSDELOLW\ UHGXFWLRQ GXULQJ FRQVWDQWðVSHHG
RSHUDWLRQñ WKH SURWHFWLYH FLUFXLW LV DFWLYDWHG WR VWRS
WKH LQYHUWHU RXWSXWï :KHQ D PXOWLðSROH PRWRU RU PRUH
WKDQ RQH PRWRU DUH GULYHQñ IRU H[DPSOHñ WKH PRWRUõVô
FDQQRW EH SURWHFWHG E\ WKH HOHFWURQLF WKHUPDO UHOD\ï
,Q WKLV FDVHñ SURYLGH D WKHUPDO UHOD\ LQ WKH LQYHUWHU
RXWSXW VLGHï
õ7+0ô
0RWRU 2YUORDG
{
{
2YHUORDG
VKXWðRII
õHOHFWURQLF
WKHUPDO UHOD\ô
,QYHUWHU
:KHQ WKH FXUUHQW PRUH WKDQ ìèíø RI WKH UDWHG
RXWSXW FXUUHQW IORZV DQG WKLV GRHV QRW UHVXOW LQ
RYHUFXUUHQW VKXWðRII õ2&ô õOHVV WKDQ ëííøôñ WKH
LQYHUVHðWLPH FKDUDFWHULVWLF DFWXDWHV WKH HOHFWURQLF
WKHUPDO UHOD\ WR SURWHFW WKH PDLQ FLUFXLW WUDQVLVWRUVñ
VWRSSLQJ WKH LQYHUWHU RXWSXWï
õ2YHUORDG LPPXQLW\ã ìèíøñ çí VHFRQGVïô
õ7+7ô
,QYï2YHUORDG
{
{