6LHPHQV6&$/$1&(:' _ 5HJXODWRU\&RPSOLDQFHDQG6DIHW\,QIRUPDWLRQ*XLGH
)&&
)&&&ODVV%3DUW
7KLV HTXLSPHQW KDV EHHQ WHVWHG DQG IRXQG WR FRPSO\ ZLWK WKH OLPLWV IRU D &ODVV % GLJLWDO GHYLFH SXUVXDQW WR 3DUW RI
WKH )&& 5XOHV 7KLV HTXLSPHQW JHQHUDWHV XVHV DQG FDQ UDGLDWH UDGLR IUHTXHQF\ HQHUJ\ DQG LI QRW LQVWDOOHG DQG XVHG
LQDFFRUGDQFHZLWKWKHPDQXIDFWXUHUಬVLQVWUXFWLRQVPD\FDXVHLQWHUIHUHQFHKDUPIXOWRUDGLRFRPPXQLFDWLRQV
2SHUDWLRQLVVXEMHFWWRWKHIROORZLQJFRQGLWLRQV
7KLVGHYLFHPD\QRWFDXVHKDUPIXOLQWHUIHUHQFH
7KLVGHYLFHPXVWDFFHSWDQ\LQWHUIHUHQFHUHFHLYHGLQFOXGLQJLQWHUIHUHQFHWKDWPD\FDXVHXQGHVLUHGRSHUDWLRQ
,IWKLVHTXLSPHQWGRHVFDXVHLQWHUIHUHQFHZKLFKFDQEHGHWHUPLQHGE\WXUQLQJWKHHTXLSPHQWRIIDQGRQWKHXVHULV
HQFRXUDJHGWRWU\WRFRUUHFWWKHLQWHUIHUHQFHE\RQHRUPRUHRIWKHIROORZLQJPHDVXUHV
5HRULHQWRUUHORFDWHWKHUHFHLYLQJDQWHQQD
,QFUHDVHWKHVHSDUDWLRQEHWZHHQWKHHTXLSPHQWDQGUHFHLYHU
&RQQHFWWKHHTXLSPHQWWRDQRXWOHWRQDFLUFXLWGLIIHUHQWIURPWKDWWRZKLFKWKHUHFHLYHULVFRQQHFWHG
&RQVXOWWKHGHDOHURUDQH[SHULHQFHGUDGLRRU79WHFKQLFLDQIRUKHOS
&RPSOLHVZLWKWKH&ODVV%OLPLWVIRUUDGLRQRLVHHPLVVLRQVDVVHWRXWLQWKHLQWHUIHUHQFHFDXVLQJHTXLSPHQWVWDQGDUG
HQWLWOHGಯ'LJLWDO$SSDUDWXVರ,&(6RI,QGXVWU\&DQDGD
8VHUV DUH DGYLVHG WKDW KLJK SRZHU 5DGDUV DUH DOORFDWHG DV SULPDU\ XVHUV RI WKH EDQGV 0+] DQG
0+]DQGWKHVH5DGDUVFRXOGFDXVHLQWHUIHUHQFHDQGRUGDPDJHWR/LFHQVHG([HPSW:/$1GHYLFHV
127,&(
5)5DGLDWLRQ([SRVXUH6WDWHPHQW7KLVHTXLSPHQWFRPSOLHVZLWK)&&5)UDGLDWLRQH[SRVXUHOLPLWV7KLVHTXLSPHQW
VKRXOG EH LQVWDOOHG DQG RSHUDWHG ZLWK D PLQLPXP GLVWDQFH RI LQFKHV FP EHWZHHQ WKH UDGLDWRU DQG \RXU ERG\
IRU *+] DQG *+] RSHUDWLRQV 7KLV WUDQVPLWWHU PXVW QRW EH FRORFDWHG RU RSHUDWLQJ LQ FRQMXQFWLRQ ZLWK DQ\ RWKHU
DQWHQQD RU WUDQVPLWWHU :KHQ RSHUDWHG LQ WR *+] IUHTXHQF\ UDQJH WKLV GHYLFH LV UHVWULFWHG WR LQGRRU XVH WR
UHGXFHWKHSRWHQWLDOIRUKDUPIXOLQWHUIHUHQFHZLWKFRFKDQQHO0RELOH6DWHOOLWH6\VWHPV
127,&(
'«FODUDWLRQ VXU OHV OLPLWHV GH[SRVLWLRQ DX[ UDGLRIU«TXHQFHV FHW «TXLSHPHQW HVW FRQIRUPH DX[ OLPLWHV GH[SRVLWLRQ DX[
UD\RQQHPHQWVUDGLR«OHFWULTXHVVS«FLIL«HVSDUOD)&&,OGRLW¬WUHLQVWDOO«HWXWLOLV«¢XQHGLVWDQFHPLQLPDOHGH FP
SDU UDSSRUW ¢ YRWUH FRUSV SRXU OHV IU«TXHQFHV GH HW *+] &HW «PHWWHXUU«FHSWHXU QH GRLW SDV ¬WUH XWLOLV« RX VLWX«
¢ SUR[LPLW« GDXWUHV DQWHQQHV RX «PHWWHXUVU«FHSWHXUV (Q FDV GXWLOLVDWLRQ GDQV OD SODJH GH IU«TXHQFHV GH ¢
*+] FHW DSSDUHLO GRLW XQLTXHPHQW ¬WUH XWLOLV« HQ LQW«ULHXU DILQ GH U«GXLUH OHV ULVTXHV GLQWHUI«UHQFH DYHF OHV V\VWªPHV
VDWHOOLWHVPRELOHVSDUWDJHDQWOHP¬PHFDQDO
127,&(
&KDQJHVRUPRGLILFDWLRQVWRWKLVXQLWQRWH[SUHVVO\DSSURYHGE\WKHSDUW\UHVSRQVLEOHIRUFRPSOLDQFHFRXOGYRLGWKH
XVHUಬVDXWKRULW\WRRSHUDWHWKLVHTXLSPHQW
127,&(
7RXWH PRGLILFDWLRQ HIIHFWX«H VXU FHW «TXLSHPHQW VDQV ODXWRULVDWLRQ H[SUHVVH GH OD SDUWLH UHVSRQVDEOH GH OD FRQIRUPLW«
HVWVXVFHSWLEOHGDQQXOHUVRQGURLWGXWLOLVDWLRQ
