63(&,),&$7,216
ìçä
'LVSOD\
&RUUHVSRQGLQJ
0RGHO
)XQFWLRQ 1DPH
'HVFULSWLRQ
õ2SHUDWLRQ
SDQHOô
õ3DUDPHWHU XQLWô
$èíí
(èíí
,QVWDQWDQHRXV SRZHU IDLOXUH
SURWHFWLRQ
,I D SRZHU IDLOXUH KDV RFFXUUHG LQ H[FHVV RI ìèPV
õWKLV DSSOLHV DOVR WR LQYHUWHU LQSXW VKXWðRIIôñ WKLV
IXQFWLRQ LV DFWLYDWHG WR VWRS WKH LQYHUWHU RXWSXW WR
SUHYHQW WKH FRQWURO FLUFXLW IURP RSHUDWLQJ LQFRUUHFWO\ï
$W WKLV WLPHñ WKH DODUP RXWSXW FRQWDFWV DUH RSHQHG
õDFURVV %ð&ô DQG FORVHG õDFURVV $ð&ôï
õ1RWH ìô ,I D SRZHU IDLOXUH SHUVLVWV IRU PRUH WKDQ
ìííPVñ WKH DODUP RXWSXW LV QRW SURYLGHGñ DQG LI WKH
VWDUW VLJQDO LV RQ DW WKH WLPH RI SRZHU UHVWRUDWLRQñ WKH
LQYHUWHU ZLOO UHVWDUWï õ,I D SRZHU IDLOXUH LV
LQVWDQWDQHRXV ZLWKLQ ìèPVñ WKH FRQWURO FLUFXLW
RSHUDWHV SURSHUO\ïô
õ,3)ô
,QVWï3ZUï/RVV
{
•
8QGHUYROWDJH SURWHFWLRQ
:KHQ WKH SRZHU VXSSO\ YROWDJH RI WKH LQYHUWHU KDV
UHGXFHGñ WKH FRQWURO FLUFXLW FDQQRW RSHUDWH SURSHUO\ñ
UHVXOWLQJ LQ UHGXFHG PRWRU WRUTXH RU RYHUKHDWLQJï 7R
SUHYHQW WKLVñ LI WKH SRZHU VXSSO\ YROWDJH UHGXFHV
EHORZ DERXW ìèí9 õêíí9 IRU WKH éíí9 FODVVôñ WKLV
IXQFWLRQ VWRSV WKH LQYHUWHU RXWSXWï
õ897ô
8QGHU 9ROWDJH
{
•
)LQ RYHUKHDW
,I WKH FRROLQJ ILQ RYHUKHDWVñ WKH WHPSHUDWXUH VHQVRU
LV DFWLYDWHG WR VWRS WKH LQYHUWHU RXWSXWï
õ),1ô
+î6LQN 2î7HPS
{
{
%UDNH UHVLVWRU RYHUKHDW
SURWHFWLRQ
,QYHUWHUV RI æïè. RU OHVV FRQWDLQV D EUDNH UHVLVWRUï
:KHQ WKH UHJHQHUDWLYH EUDNH GXW\ IURP WKH PRWRU
KDV UHDFKHG åèø RI WKH VSHFLILHG YDOXHñ SUHðDODUP
õ5% LQGLFDWLRQô RFFXUVï ,I WKH VSHFLILHG YDOXH LV
H[FHHGHGñ WKH EUDNH FLUFXLW RSHUDWLRQ LV VWRSSHG
WHPSRUDULO\ WR SURWHFW WKH EUDNH UHVLVWRU IURP
RYHUKHDWLQJï õ,I WKH EUDNH LV RSHUDWHG LQ WKLV VWDWHñ
UHJHQHUDWLYH RYHUYROWDJH VKXWðRII ZLOO RFFXUïô :KHQ
WKH EUDNH UHVLVWRU KDV FRROHGñ WKH EUDNH RSHUDWLRQ LV
UHVXPHGï
1R
LQGLFDWLRQ
õ
õ29êô
ô
1R LQGLFDWLRQ
õ5HJHQHUDWLYH
RYHUYROWDJH VKXWð
RII PD\ WDNH SDFH
LI EUDNH RSHUDWLRQ
LV SHUIRUPHG
ZKLOH SURWHFWLYH
FLUFXLW LV EHLQJ
DFWLYDWHGïô
{
•
%UDNH WUDQVLVWRU DODUP
GHWHFWLRQ
,I WKH EUDNH FLUFXLW IDXOW KDV RFFXUUHG GXH WR
GDPDJHG EUDNH WUDQVLVWRUV HWFïñ WKLV IXQFWLRQ VWRSV
WKH LQYHUWHU RXWSXWï
,Q WKLV FDVHñ WKH LQYHUWHU SRZHU PXVW EH VZLWFKHG RII
LPPHGLDWHO\ï
õ%(ô
%Uï&FWï
)DXOW
{
{
2XWSXW VLGH JURXQG IDXOW
RYHUFXUUHQW SURWHFWLRQ
7KLV IXQFWLRQ VWRSV WKH LQYHUWHU RXWSXW LI D JURXQG
IDXOW RFFXUV LQ WKH LQYHUWHUöV RXWSXW õORDGô VLGH DQG D
JURXQG IDXOW FXUUHQW IORZVï $ JURXQG IDXOW RFFXUULQJ
DW ORZ JURXQG UHVLVWDQFH PD\ DFWLYDWH WKH
RYHUFXUUHQW SURWHFWLRQ õ2&ì WR 2&êôï
*URXQG IDXOW LV GHWHFWHG DW VWDUW RQO\ IRU (èíí ï
8VH
3Uï
ëéä WR VHW ZKHWKHU SURWHFWLYH IXQFWLRQ LV
DFWLYDWHG RU QRWï
õ*)ô
*URXQG )DXOW
{
{
([WHUQDO WKHUPDO UHOD\
RSHUDWLRQ õ1RWH êô
,I WKH H[WHUQDO WKHUPDO UHOD\ GHVLJQHG IRU PRWRU
RYHUKHDW SURWHFWLRQ RU WKH LQWHUQDOO\ PRXQWHG
WHPSHUDWXUH UHOD\ LQ WKH PRWRU VZLWFKHV RQ õUHOD\
FRQWDFWV ûRSHQûôñ WKH LQYHUWHU RXWSXW FDQ EH VWRSSHG
LI WKRVH FRQWDFWV KDYH EHHQ HQWHUHG LQWR WKH LQYHUWHUï
,I WKH UHOD\ FRQWDFWV DUH UHVHW DXWRPDWLFDOO\ñ WKH
LQYHUWHU ZLOO QRW UHVWDUW XQOHVV LW LV UHVHWï
õ2+7ô
2+ )DXOW
{
{
