Bosch CPA565GS0W User manual

  • Hello! I am an AI chatbot trained to assist you with the Bosch CPA565GS0W User manual. I’ve already reviewed the document and can help you find the information you need or explain it in simple terms. Just ask your questions, and providing more details will help me assist you more effectively!
3FHJTUFS
\RXU
QHZGHYLFHRQ
0\%RVFKQRZDQG
JHWIUHHEHQHILWV
CPTDIIPNFDPN
XFMDPNF
>HQ@ ,QVWUXFWLRQPDQXDO 0LFURZDYH
>]K@ 渌䠦䑣㎤ 䇆仺 
0LFURZDYH
&3$*6:
en
7DEOHRIFRQWHQWV
>HQ@
,QVWUXFWLRQPDQXDO0LFURZDYH
8 ,QWHQGHGXVH 
( ,PSRUWDQWVDIHW\LQIRUPDWLRQ 
*HQHUDOLQIRUPDWLRQ 
0LFURZDYH 
6WHDP 
] &DXVHVRIGDPDJH
*HQHUDOLQIRUPDWLRQ 
0LFURZDYH 
6WHDP 
7 (QYLURQPHQWDOSURWHFWLRQ 
6DYLQJHQHUJ\
(QYLURQPHQWDOO\IULHQGO\GLVSRVDO
* *HWWLQJWRNQRZ\RXUDSSOLDQFH
&RQWUROSDQHO 
)XQFWLRQVHOHFWRU
7RXFKILHOGVDQGGLVSOD\ 
5RWDU\VHOHFWRU 
2SHUDWLQJPRGHV  
7\SHVRIKHDWLQJ  
6WHDP  
0LFURZDYH  
&RRNLQJFRPSDUWPHQW 
7DQNFRYHU 
:DWHUWDQN  
'ULSWUD\  
_ $FFHVVRULHV  
$FFHVVRULHVLQFOXGHG  
$GGLWLRQDODFFHVVRULHV  
6SHFLDODFFHVVRULHV  
,QVHUWLQJDFFHVVRULHV  
K %HIRUHXVLQJIRUWKHILUVWWLPH 
,QLWLDOXVH  
6HWWKHZDWHUKDUGQHVVUDQJH  
&OHDQLQJWKHFRRNLQJFRPSDUWPHQWDQGDFFHVVRULHV  
1 2SHUDWLQJWKHDSSOLDQFH 
6ZLWFKLQJWKHDSSOLDQFHRQDQGRII 
6HOHFWLQJDQRSHUDWLQJPRGH  
6HWWLQJWKHKHDWLQJIXQFWLRQDQGWHPSHUDWXUH 
5DSLGKHDWLQJ 
$XWRPDWLFVDIHW\VZLWFKRIIIXQFWLRQ  
^ 0LFURZDYH  
&RRNZDUH  
0LFURZDYHSRZHUVHWWLQJV 
6HWWLQJWKHPLFURZDYH 
6HWWLQJWKHPLFURZDYHWRFRPELQHGRSHUDWLRQ 
` 6WHDP 
1RLVH  
&RRNLQJZLWKVWHDP 
6HWWLQJWKHVWHDPFRPELQDWLRQ 
)LOOLQJWKHZDWHUWDQN  
5HILOOLQJWKHZDWHUWDQN 
$IWHUHYHU\VWHDPRSHUDWLRQ  
P $XWRPDWLFSURJUDPPHV 
6HWWLQJDSURJUDPPH  
3URJUDPPHWDEOH  
O 6HWWLQJWKHWLPHVHWWLQJRSWLRQV  
&KHFNLQJWKHWLPHVHWWLQJV  
6HWWLQJWKHWLPHU 
6HWWLQJDFRRNLQJWLPH 
,QLWLDOXVH  
A &KLOGSURRIORFN  
$FWLYDWLQJDQGGHDFWLYDWLQJ  
Q %DVLFVHWWLQJV  
&KDQJLQJWKHEDVLFVHWWLQJV  
/LVWRIEDVLFVHWWLQJV 
D &OHDQLQJ  
6XLWDEOHFOHDQLQJDJHQWV  
&OHDQLQJVHOIFOHDQLQJVXUIDFHV  
.HHSLQJWKHDSSOLDQFHFOHDQ  
. &OHDQLQJIXQFWLRQ  
'HVFDOLQJ 
5LQVLQJ 
6XEVHTXHQWFOHDQLQJ  
(PSW\LQJWKHGULSWUD\  
3 7URXEOHVKRRWLQJ  
4 &XVWRPHUVHUYLFH  
(QXPEHUDQG)'QXPEHU 
7HFKQLFDOVSHFLILFDWLRQV  
J 7HVWHGIRU\RXLQRXUFRRNLQJVWXGLR  
*HQHUDOLQIRUPDWLRQ  
'HIURVWLQJ  
+HDWLQJIUR]HQIRRG 
:DUPLQJ  
&DNHVVPDOOEDNHGLWHPVDQGEUHDG  
%DNHVDQGJUDWLQV  
3RXOWU\PHDWDQGILVK  
9HJHWDEOHVDQGVLGHGLVKHV  
'HVVHUWV  
$FU\ODPLGHLQIRRGVWXIIV 
7HVWGLVKHV  
3URGXNWLQIR
$GGLWLRQDOLQIRUPDWLRQRQSURGXFWVDFFHVVRULHV
UHSODFHPHQWSDUWVDQGVHUYLFHVFDQEHIRXQGDW
ZZZERVFKKRPHFRPDQGLQWKHRQOLQHVKRS
ZZZERVFKHVKRSFRP
en ,QWHQGHGXVH
8,QWHQGHGXVH
,QWHQGHG XVH
5HDG WKHVH LQVWUXFWLRQV FDUHIXOO\ 2QO\ WKHQ ZLOO
\RXEHDEOHWRRSHUDWH\RXUDSSOLDQFHVDIHO\
DQG FRUUHFWO\ 5HWDLQ WKH LQVWUXFWLRQ PDQXDO DQG
LQVWDOODWLRQLQVWUXFWLRQVIRUIXWXUHXVHRUIRU
VXEVHTXHQWRZQHUV
7KLVDSSOLDQFHLVRQO\LQWHQGHGWREHIXOO\ILWWHG
LQDNLWFKHQ2EVHUYHWKHVSHFLDOLQVWDOODWLRQ
LQVWUXFWLRQV
&KHFNWKHDSSOLDQFHIRUGDPDJHDIWHU
XQSDFNLQJLW'RQRWFRQQHFWWKHDSSOLDQFHLILW
KDVEHHQGDPDJHGLQWUDQVSRUW
7KLVDSSOLDQFHLVLQWHQGHGIRUGRPHVWLFXVH
RQO\7KHDSSOLDQFHPXVWRQO\EHXVHGIRUWKH
SUHSDUDWLRQRIIRRGDQGGULQN7KHDSSOLDQFH
PXVWEHVXSHUYLVHGGXULQJRSHUDWLRQ2QO\XVH
WKLVDSSOLDQFHLQGRRUV
7KLVDSSOLDQFHLVLQWHQGHGIRUXVHXSWRD
PD[LPXPKHLJKWRI PHWUHVDERYHVHD
OHYHO
7KLV DSSOLDQFH PD\ EH XVHG E\ FKLOGUHQ RYHU WKH
DJH RI \HDUV ROG DQG E\ SHUVRQV ZLWK UHGXFHG
SK\VLFDOVHQVRU\RUPHQWDOFDSDELOLWLHVRUE\
SHUVRQV ZLWK D ODFN RI H[SHULHQFH RU NQRZOHGJH
LIWKH\DUHVXSHUYLVHGRUDUHLQVWUXFWHGE\D
SHUVRQUHVSRQVLEOHIRUWKHLUVDIHW\KRZWRXVH
WKHDSSOLDQFHVDIHO\DQGKDYHXQGHUVWRRGWKH
DVVRFLDWHGKD]DUGV
&KLOGUHQPXVWQRWSOD\ZLWKRQRUDURXQGWKH
DSSOLDQFH&KLOGUHQPXVWQRWFOHDQWKH
DSSOLDQFHRUFDUU\RXWJHQHUDOPDLQWHQDQFH
XQOHVVWKH\DUHDWOHDVW \HDUVROGDQGDUH
EHLQJVXSHUYLVHG
.HHSFKLOGUHQEHORZWKHDJHRI \HDUVROGDWD
VDIHGLVWDQFHIURPWKHDSSOLDQFHDQGSRZHU
FDEOH
0DQXIDFWXUHULQIRUPDWLRQ
0DQXIDFWXUHU%6++RPH$SSOLDQFHV&KLQD
&R/WG
$GGUHVV)=KRQJQDQ,QWHUQDWLRQDO
%XLOGLQJ=KRQJVKDQ5RDG1DQMLQJ
6WDQGDUGVFRQIRUPWR
*%6DIHW\RIKRXVHKROGDQG
VLPLODUHOHFWULFDODSSOLDQFHV*HQHUDO
UHTXLUHPHQWV
*%6DIHW\RIKRXVHKROGDQG
VLPLODUHOHFWULFDODSSOLDQFHV3DUWLFXODU
UHTXLUHPHQWVIRUPLFURZDYHRYHQVLQFOXGLQJ
FRPELQHGPLFURZDYHRYHQV
*%6DIHW\RIKRXVHKROGDQG
VLPLODUHOHFWULFDODSSOLDQFHV3DUWLFXODU
UHTXLUHPHQWVIRUVWDWLRQHGVWRYHVVWRYHV
RYHQVDQGVLPLODUDSSOLDQFHV
*%1RLVHOLPLWVIRUKRXVHKROG
DQGVLPLODUHOHFWULFDODSSOLDQFHV
,PSRUWDQWVDIHW\LQIRUPDWLRQ HQ
(,PSRUWDQWVDIHW\
LQIRUPDWLRQ
,PSRUWDQW VDI HW\ LQIRUPDWLRQ
*HQHUDOLQIRUPDWLRQ
::DUQLQJ² 5LVNRIILUH
7KHDSSOLDQFHEHFRPHVYHU\KRW,IWKH
DSSOLDQFHLVLQVWDOOHGLQDILWWHGXQLWZLWKD
GHFRUDWLYHGRRUKHDWZLOODFFXPXODWHZKHQ
WKHGHFRUDWLYHGRRULVFORVHG2QO\RSHUDWH
WKHDSSOLDQFHZKHQWKHGHFRUDWLYHGRRULV
RSHQ
5LVNRIILUH
&RPEXVWLEOHLWHPVVWRUHGLQWKHFRRNLQJ
FRPSDUWPHQWPD\FDWFKILUH1HYHUVWRUH
FRPEXVWLEOHLWHPVLQWKHFRRNLQJ
FRPSDUWPHQW 1HYHU RSHQ WKH DSSOLDQFH GRRU
LIWKHUHLVVPRNHLQVLGH6ZLWFKRIIWKH
DSSOLDQFHDQGXQSOXJLWIURPWKHPDLQVRU
VZLWFKRIIWKHFLUFXLWEUHDNHULQWKHIXVHER[
5LVNRIILUH
/RRVHIRRGUHPQDQWVIDWDQGPHDWMXLFHV
PD\FDWFKILUH%HIRUHXVLQJWKHDSSOLDQFH
UHPRYHWKHZRUVWRIWKHIRRGUHPQDQWVIURP
WKHFRRNLQJFRPSDUWPHQWKHDWLQJHOHPHQWV
DQGDFFHVVRULHV
5LVNRIILUH
$ GUDXJKW LV FUHDWHG ZKHQ WKH DSSOLDQFH GRRU
LV RSHQHG *UHDVHSURRI SDSHU PD\ FRPH LQWR
FRQWDFWZLWKWKHKHDWLQJHOHPHQWDQGFDWFK
ILUH'RQRWSODFHJUHDVHSURRISDSHUORRVHO\
RYHUDFFHVVRULHVGXULQJSUHKHDWLQJ$OZD\V
ZHLJKWGRZQWKHJUHDVHSURRISDSHUZLWKD
GLVKRUDEDNLQJWLQ2QO\FRYHUWKHVXUIDFH
UHTXLUHGZLWKJUHDVHSURRISDSHU
*UHDVHSURRISDSHUPXVWQRWSURWUXGHRYHU
WKHDFFHVVRULHV
::DUQLQJ² 5LVNRIEXUQV
7KHDSSOLDQFHEHFRPHVYHU\KRW1HYHU
WRXFKWKHLQWHULRUVXUIDFHVRIWKHFRRNLQJ
FRPSDUWPHQWRUWKHKHDWLQJHOHPHQWV
$OZD\VDOORZWKHDSSOLDQFHWRFRROGRZQ
.HHSFKLOGUHQDWDVDIHGLVWDQFH
5LVNRIVHULRXVEXUQV
$FFHVVRULHV DQG RYHQZDUH EHFRPH YHU\ KRW
$OZD\VXVHRYHQJORYHVWRUHPRYH
DFFHVVRULHVRURYHQZDUHIURPWKHFRRNLQJ
FRPSDUWPHQW
5LVNRIEXUQV
$OFRKROLFYDSRXUVPD\FDWFKILUHLQWKHKRW
FRRNLQJFRPSDUWPHQW1HYHUSUHSDUHIRRG
FRQWDLQLQJODUJHTXDQWLWLHVRIGULQNVZLWKD
KLJKDOFRKROFRQWHQW2QO\XVHVPDOO
TXDQWLWLHVRIGULQNVZLWKDKLJKDOFRKRO
FRQWHQW2SHQWKHDSSOLDQFHGRRUZLWKFDUH
::DUQLQJ² 5LVNRIVFDOGLQJ
7KHDFFHVVLEOHSDUWVEHFRPHKRWGXULQJ
RSHUDWLRQ1HYHUWRXFKWKHKRWSDUWV.HHS
FKLOGUHQDWDVDIHGLVWDQFH
5LVNRIVFDOGLQJ
:KHQ\RXRSHQWKHDSSOLDQFHGRRUKRW
VWHDP FDQ HVFDSH 6WHDP PD\ QRW EH YLVLEOH
GHSHQGLQJRQLWVWHPSHUDWXUH:KHQ
RSHQLQJGRQRWVWDQGWRRFORVHWRWKH
DSSOLDQFH 2SHQ WKH DSSOLDQFH GRRU FDUHIXOO\
.HHSFKLOGUHQDZD\
5LVNRIVFDOGLQJ
:DWHULQDKRWFRRNLQJFRPSDUWPHQWPD\
FUHDWHKRWVWHDP1HYHUSRXUZDWHULQWRWKH
KRWFRRNLQJFRPSDUWPHQW
::DUQLQJ² 5LVNRILQMXU\
6FUDWFKHGJODVVLQWKHDSSOLDQFHGRRUPD\
GHYHORSLQWRDFUDFN'RQRWXVHDJODVV
VFUDSHUVKDUSRUDEUDVLYHFOHDQLQJDLGVRU
GHWHUJHQWV
::DUQLQJ² 5LVNRIHOHFWULFVKRFN
,QFRUUHFW UHSDLUV DUH GDQJHURXV 5HSDLUV PD\
RQO\EHFDUULHGRXWDQGGDPDJHGSRZHU
FDEOHVUHSODFHGE\RQHRIRXUWUDLQHGDIWHU
VDOHVWHFKQLFLDQV,IWKHDSSOLDQFHLV
GHIHFWLYHXQSOXJWKHDSSOLDQFHIURPWKH
PDLQVRUVZLWFKRIIWKHFLUFXLWEUHDNHULQWKH
IXVHER[&RQWDFWWKHDIWHUVDOHVVHUYLFH
5LVNRIHOHFWULFVKRFNDQGVHULRXVLQMXU\
7KHFDEOHLQVXODWLRQRQHOHFWULFDODSSOLDQFHV
PD\PHOWZKHQWRXFKLQJKRWSDUWVRIWKH
DSSOLDQFH1HYHUEULQJHOHFWULFDODSSOLDQFH
FDEOHVLQWRFRQWDFWZLWKKRWSDUWVRIWKH
DSSOLDQFH
5LVNRIHOHFWULFVKRFN
'RQRWXVHDQ\KLJKSUHVVXUHFOHDQHUVRU
VWHDPFOHDQHUVZKLFKFDQUHVXOWLQDQ
HOHFWULFVKRFN
5LVNRIHOHFWULFVKRFN
3HQHWUDWLQJPRLVWXUHPD\FDXVHHOHFWULF
VKRFN 1HYHU VXEMHFW WKH DSSOLDQFH WR LQWHQVH
KHDWRUKXPLGLW\2QO\XVHWKLVDSSOLDQFH
LQGRRUV
5LVNRIHOHFWULFVKRFN
$GHIHFWLYHDSSOLDQFHPD\FDXVHHOHFWULF
VKRFN 1HYHU VZLWFK RQ D GHIHFWLYH DSSOLDQFH
8QSOXJWKHDSSOLDQFHIURPWKHPDLQVRU
VZLWFKRIIWKHFLUFXLWEUHDNHULQWKHIXVHER[
&RQWDFWWKHDIWHUVDOHVVHUYLFH
5LVNRIHOHFWULFVKRFN
:KHQUHSODFLQJWKHFRRNLQJFRPSDUWPHQW
EXOE WKH EXOE VRFNHW FRQWDFWV DUH OLYH %HIRUH
UHSODFLQJ WKH EXOE XQSOXJ WKH DSSOLDQFH IURP
WKHPDLQVRUVZLWFKRIIWKHFLUFXLWEUHDNHULQ
WKHIXVHER[
::DUQLQJ² +D]DUGGXHWRPDJQHWLVP
3HUPDQHQWPDJQHWVDUHXVHGLQWKHFRQWURO
SDQHORULQWKHFRQWUROHOHPHQWV7KH\PD\
DIIHFWHOHFWURQLFLPSODQWVHJKHDUW
SDFHPDNHUVRULQVXOLQSXPSV:HDUHUVRI
HOHFWURQLFLPSODQWVPXVWVWD\DWOHDVWFP
DZD\IURPWKHFRQWUROSDQHO
en ,PSRUWDQWVDIHW\LQIRUPDWLRQ
0LFURZDYH
::DUQLQJ² 5LVNRIEXUQV
8VLQJWKHDSSOLDQFHIRUDQ\WKLQJRWKHUWKDQ
LWVLQWHQGHGSXUSRVHLVGDQJHURXV
<RXDUHQRWSHUPLWWHGWRXVHLWWRGU\IRRGRU
FORWKLQJRUWRZDUPVOLSSHUVJUDLQRUFHUHDO
SLOORZV VSRQJHV GDPS FOHDQLQJ FORWKV RU WKH
OLNH
7KLVLVEHFDXVHIRULQVWDQFHRYHUKHDWHG
VOLSSHUV JUDLQ RU FHUHDO SLOORZV VSRQJHV DQG
GDPSFOHDQLQJFORWKVHWFPD\FDXVHEXUQV
WRWKHVNLQ
5LVNRIILUH
)RRGPD\FDWFKILUH1HYHUKHDWIRRGLQKHDW
UHWDLQLQJSDFNDJHV
'RQRWOHDYHIRRGKHDWLQJXQDWWHQGHGLQ
FRQWDLQHUVPDGHRISODVWLFSDSHURURWKHU
FRPEXVWLEOHPDWHULDOV
'RQRWVHOHFWDPLFURZDYHSRZHURUWLPH
VHWWLQJWKDWLVKLJKHUWKDQQHFHVVDU\)ROORZ
WKHLQIRUPDWLRQSURYLGHGLQWKLVLQVWUXFWLRQ
PDQXDO
1HYHUXVHWKHPLFURZDYHWRGU\IRRG
1HYHUGHIURVWRUKHDWIRRGZLWKDORZZDWHU
FRQWHQWHJEUHDGDWWRRKLJKDPLFURZDYH
SRZHURUIRUWRRORQJ
5LVNRIILUH
&RRNLQJRLOPD\FDWFKILUH1HYHUXVHWKH
PLFURZDYHWRKHDWFRRNLQJRLORQLWVRZQ
::DUQLQJ² 5LVNRIH[SORVLRQ
/LTXLGVDQGRWKHUIRRGPD\H[SORGHZKHQLQ
FRQWDLQHUVWKDWKDYHEHHQWLJKWO\VHDOHG1HYHU
KHDW OLTXLGV RU RWKHU IRRG LQ FRQWDLQHUV WKDW KDYH
EHHQWLJKWO\VHDOHG
::DUQLQJ² 5LVNRIEXUQV
)RRGV ZLWK SHHO RU VNLQ PD\ EXUVW RU H[SORGH
GXULQJRUHYHQDIWHUKHDWLQJ1HYHUFRRN
HJJVLQWKHLUVKHOOVRUUHKHDWKDUGERLOHG
HJJV1HYHUFRRNVKHOOILVKRUFUXVWDFHDQV
$OZD\VSULFNWKH\RONZKHQEDNLQJRU
SRDFKLQJ HJJV 7KH VNLQ RI IRRGV WKDW KDYH D
SHHORUVNLQVXFKDVDSSOHVWRPDWRHV
SRWDWRHVDQGVDXVDJHVPD\EXUVW%HIRUH
KHDWLQJSULFNWKHSHHORUVNLQ
5LVNRIEXUQV
+HDWLVQRWGLVWULEXWHGHYHQO\WKURXJKEDE\
IRRG1HYHUKHDWEDE\IRRGLQFORVHG
FRQWDLQHUV $OZD\V UHPRYH WKH OLG RU WHDW 6WLU
RU VKDNH ZHOO DIWHU WKH IRRG KDV EHHQ KHDWHG
&KHFN WKH WHPSHUDWXUH RI WKH IRRG EHIRUH LW LV
JLYHQWRWKHFKLOG
5LVNRIEXUQV
+HDWHGIRRGJLYHVRIIKHDW7KHRYHQZDUH
PD\EHFRPHKRW$OZD\VXVHRYHQJORYHVWR
UHPRYHRYHQZDUHRUDFFHVVRULHVIURPWKH
FRRNLQJFRPSDUWPHQW
5LVNRIEXUQV
$LUWLJKWSDFNDJLQJPD\EXUVWZKHQIRRGLV
KHDWHG$OZD\VREVHUYHWKHLQVWUXFWLRQVRQ
WKHSDFNDJLQJ$OZD\VXVHRYHQJORYHVWR
UHPRYHGLVKHVIURPWKHFRRNLQJ
FRPSDUWPHQW
5LVNRIEXUQV
7KHDFFHVVLEOHSDUWVEHFRPHYHU\KRWZKHQ
LQRSHUDWLRQ1HYHUWRXFKKRWSDUWV.HHS
FKLOGUHQDWDVDIHGLVWDQFH
5LVNRIEXUQV
8VLQJWKHDSSOLDQFHIRUDQ\WKLQJRWKHUWKDQ
LWVLQWHQGHGSXUSRVHLVGDQJHURXV
<RXDUHQRWSHUPLWWHGWRXVHLWWRGU\IRRGRU
FORWKLQJRUWRZDUPVOLSSHUVJUDLQRUFHUHDO
SLOORZV VSRQJHV GDPS FOHDQLQJ FORWKV RU WKH
OLNH
7KLVLVEHFDXVHIRULQVWDQFHRYHUKHDWHG
VOLSSHUV JUDLQ RU FHUHDO SLOORZV VSRQJHV DQG
GDPSFOHDQLQJFORWKVHWFPD\FDXVHEXUQV
WRWKHVNLQ
::DUQLQJ² 5LVNRIVFDOGLQJ
7KHUHLVDSRVVLELOLW\RIGHOD\HGERLOLQJZKHQ
DOLTXLGLVKHDWHG7KLVPHDQVWKDWWKHOLTXLG
UHDFKHV ERLOLQJ WHPSHUDWXUH ZLWKRXW WKH XVXDO
VWHDPEXEEOHVULVLQJWRWKHVXUIDFH(YHQLI
WKHFRQWDLQHURQO\YLEUDWHVDOLWWOHWKHKRW
OLTXLGPD\VXGGHQO\ERLORYHUDQGVSDWWHU
:KHQKHDWLQJDOZD\VSODFHDVSRRQLQWKH
FRQWDLQHU7KLVZLOOSUHYHQWGHOD\HGERLOLQJ
::DUQLQJ² 5LVNRILQMXU\
8QVXLWDEOH RYHQZDUH PD\ FUDFN 3RUFHODLQ RU
FHUDPLFRYHQZDUHFDQKDYHVPDOO
SHUIRUDWLRQVLQWKHKDQGOHVRUOLGV7KHVH
SHUIRUDWLRQVFRQFHDODFDYLW\EHORZ$Q\
PRLVWXUHWKDWSHQHWUDWHVWKLVFDYLW\FRXOG
FDXVHWKHRYHQZDUHWRFUDFN2QO\XVH
PLFURZDYHVDIHRYHQZDUH
5LVNRILQMXU\
,IXVLQJWKHDSSOLDQFHLQPLFURZDYHPRGH
RQO\SODFLQJFRRNZDUHDQGFRQWDLQHUVPDGH
RI PHWDO RU IHDWXULQJ PHWDO GHWDLOLQJ LQVLGH WKH
DSSOLDQFHPD\FDXVHVSDUNVZKHQWKH
DSSOLDQFH LV RSHUDWLQJ 7KLV PD\ GDPDJH WKH
DSSOLDQFH1HYHUXVHPHWDOFRQWDLQHUVZKHQ
XVLQJWKHDSSOLDQFHLQPLFURZDYHPRGHRQO\
::DUQLQJ² 5LVNRIHOHFWULFVKRFN
7KHDSSOLDQFHLVDKLJKYROWDJHDSSOLDQFH
1HYHUUHPRYHWKHFDVLQJ
&DXVHVRIGDPDJH HQ
::DUQLQJ² 5LVNRIVHULRXVGDPDJHWR
KHDOWK
7KHVXUIDFHRIWKHDSSOLDQFHPD\EHFRPH
GDPDJHGLILWLVQRWFOHDQHGSURSHUO\
0LFURZDYHHQHUJ\PD\HVFDSH&OHDQWKH
DSSOLDQFH RQ D UHJXODU EDVLV DQG UHPRYH DQ\
IRRGUHVLGXHLPPHGLDWHO\$OZD\VNHHSWKH
FRRNLQJFRPSDUWPHQWGRRUVHDOGRRUDQG
GRRUVWRSFOHDQ ~ &OHDQLQJRQ SDJH 
5LVNRIVHULRXVGDPDJHWRKHDOWK
0LFURZDYH HQHUJ\ PD\ HVFDSH LI WKH FRRNLQJ
FRPSDUWPHQWGRRURUWKHGRRUVHDOLV
GDPDJHG1HYHUXVHWKHDSSOLDQFHLIWKH
FRRNLQJFRPSDUWPHQWGRRUWKHGRRUVHDORU
WKHSODVWLFGRRUIUDPHLVGDPDJHG&DOOWKH
DIWHUVDOHVVHUYLFH
5LVNRIVHULRXVGDPDJHWRKHDOWK
0LFURZDYHHQHUJ\ZLOOHVFDSHIURP
DSSOLDQFHVWKDWGRQRWKDYHDQ\FDVLQJ
1HYHUUHPRYHWKHFDVLQJ)RUDQ\
PDLQWHQDQFH RU UHSDLU ZRUN FRQWDFW WKH DIWHU
VDOHVVHUYLFH
6WHDP
::DUQLQJ² 5LVNRIVFDOGLQJ
7KH ZDWHU LQ WKH ZDWHU WDQN PD\ EHFRPH YHU\
KRWLI\RXFRQWLQXHWRRSHUDWHWKHDSSOLDQFH
(PSW\WKHZDWHUWDQNDIWHUHYHU\RSHUDWLRQ
ZLWKVWHDP
5LVNRIVFDOGLQJ
+RWVWHDPLVJHQHUDWHGLQWKHFRRNLQJ
FRPSDUWPHQW'RQRWUHDFKLQWRWKHFRRNLQJ
FRPSDUWPHQWGXULQJDQ\RSHUDWLRQZLWK
VWHDP
5LVNRIVFDOGLQJ
+RWOLTXLGPD\VSLOORYHUWKHVLGHVRIWKH
DFFHVVRU\ZKHQLWLVUHPRYHGIURPWKH
FRRNLQJFRPSDUWPHQW5HPRYHKRW
DFFHVVRULHVZLWKFDUHDQGDOZD\VZHDURYHQ
JORYHV
::DUQLQJ² 5LVNRILQMXU\DQGULVNRIILUH
)ODPPDEOHOLTXLGVFDQFDWFKILUHLQWKHFRRNLQJ
FRPSDUWPHQWZKHQLWLVKRWH[SORVLRQ'RQRW
ILOO WKH ZDWHU WDQN ZLWK DQ\ IODPPDEOH IOXLGV HJ
DOFRKROLFGULQNV2QO\ILOOWKHZDWHUWDQNZLWK
ZDWHURUZLWKWKHGHVFDOLQJVROXWLRQWKDWLV
UHFRPPHQGHGE\XV
]&DXVHVRIGDPDJH
&DXVHV RI GDPDJH
*HQHUDOLQIRUPDWLRQ
&DXWLRQ
:DWHULQWKHKRWFRRNLQJFRPSDUWPHQW 1HYHUSRXU
ZDWHULQWRWKHKRWFRRNLQJFRPSDUWPHQW7KLVZLOO
FDXVHVWHDP7KHWHPSHUDWXUHFKDQJHFDQFDXVH
GDPDJH
0RLVWXUHLQWKHFRRNLQJFRPSDUWPHQW2YHUDQ
H[WHQGHGSHULRGRIWLPHPRLVWXUHLQWKHFRRNLQJ
FRPSDUWPHQW PD\ OHDG WR FRUURVLRQ $OORZ WKH FRRNLQJ
FRPSDUWPHQWWRGU\DIWHUXVH'RQRWNHHSPRLVWIRRG
LQWKHFORVHGFRRNLQJFRPSDUWPHQWIRUH[WHQGHG
SHULRGVRIWLPH'RQRWVWRUHIRRGLQWKHFRRNLQJ
FRPSDUWPHQW
&RROLQJZLWKWKHDSSOLDQFHGRRURSHQ)ROORZLQJ
RSHUDWLRQ DW KLJK WHPSHUDWXUHV RQO\ DOORZ WKH FRRNLQJ
FRPSDUWPHQWWRFRROGRZQZLWKWKHGRRUFORVHG'R
QRWWUDSDQ\WKLQJLQWKHDSSOLDQFHGRRU(YHQLIWKH
GRRULVRQO\OHIWRSHQDFUDFNWKHIURQWRIQHDUE\
IXUQLWXUHPD\EHFRPHGDPDJHGRYHUWLPH
2QO\OHDYHWKHFRRNLQJFRPSDUWPHQWWRGU\ZLWKWKH
GRRURSHQLIDORWRIPRLVWXUHZDVSURGXFHGZKLOVWWKH
RYHQZDVRSHUDWLQJ
([WUHPHO\GLUW\VHDO,IWKHVHDOLVYHU\GLUW\WKH
DSSOLDQFHGRRUZLOOQRORQJHUFORVHSURSHUO\GXULQJ
RSHUDWLRQ7KHIURQWVRIDGMDFHQWXQLWVFRXOGEH
GDPDJHG$OZD\VNHHSWKHVHDOFOHDQ ~ &OHDQLQJ
RQ SDJH 
$SSOLDQFHGRRUDVDVHDWVKHOIRUZRUNWRS'RQRWVLW
RQ WKH DSSOLDQFH GRRU RU SODFH RU KDQJ DQ\WKLQJ RQ LW
'RQRWSODFHDQ\FRRNZDUHRUDFFHVVRULHVRQWKH
DSSOLDQFHGRRU
,QVHUWLQJDFFHVVRULHVGHSHQGLQJRQWKHDSSOLDQFH
PRGHODFFHVVRULHVFDQVFUDWFKWKHGRRUSDQHOZKHQ
FORVLQJWKHDSSOLDQFHGRRU$OZD\VLQVHUWWKH
DFFHVVRULHVLQWRWKHFRRNLQJFRPSDUWPHQWDVIDUDV
WKH\ZLOOJR
&DUU\LQJWKHDSSOLDQFHGRQRWFDUU\RUKROGWKH
DSSOLDQFH E\ WKH GRRU KDQGOH 7KH GRRU KDQGOH FDQQRW
VXSSRUWWKHZHLJKWRIWKHDSSOLDQFHDQGFRXOGEUHDN
0LFURZDYH
&DXWLRQ
$OXPLQLXPIRLO$OXPLQLXPIRLOLQWKHFRRNLQJ
FRPSDUWPHQW PXVW QRW FRPH LQWR FRQWDFW ZLWK WKH GRRU
JODVV7KLVFRXOGFDXVHSHUPDQHQWGLVFRORXUDWLRQRI
WKHGRRUJODVV
&UHDWLRQRIVSDUNV0HWDO²HJDVSRRQLQDJODVV²
PXVWEHNHSWDWOHDVWFPIURPWKHFRRNLQJ
FRPSDUWPHQWZDOOVDQGWKHLQVLGHRIWKHGRRU6SDUNV
FDQLUUHSDUDEO\GDPDJHWKHJODVVRQWKHLQVLGHRIWKH
GRRU
0LFURZDYHDQGPLFURZDYHFRPELQDWLRQPRGH7KH
ZLUHUDFNLVQRWVXLWDEOHIRUXVHLQPLFURZDYHPRGHRU
PLFURZDYHPRGHFRPELQHGZLWKDW\SHRIKHDWLQJ,I
\RXXVHHLWKHURIWKHVHWKLVPD\FUHDWHVSDUNVZKLFK
PD\GDPDJHWKHFRRNLQJFRPSDUWPHQW
)RLOFRQWDLQHUV'RQRWXVHIRLOFRQWDLQHUVLQWKH
DSSOLDQFH7KH\GDPDJHWKHDSSOLDQFHE\SURGXFLQJ
VSDUNV
en (QYLURQPHQWDOSURWHFWLRQ
2SHUDWLQJWKHPLFURZDYHZLWKRXWIRRG2SHUDWLQJWKH
DSSOLDQFHZLWKRXWIRRGLQWKHFRRNLQJFRPSDUWPHQW
PD\OHDGWRRYHUORDGLQJ1HYHUVZLWFKRQWKH
PLFURZDYHXQOHVVWKHUHLVIRRGLQVLGH7KHVKRUW
FURFNHU\WHVWLVWKHH[FHSWLRQWRWKLVUXOH
~ 0LFURZDYHRQ SDJH 
0LFURZDYHSRSFRUQ 1HYHU VHW WKH PLFURZDYH SRZHU
WRRKLJK7KHGRRUSDQHOPD\FUDFNLIRYHUORDGHG8VH
DSRZHUVHWWLQJQRKLJKHUWKDQZDWWV$OZD\V
SODFHWKHSRSFRUQEDJRQDJODVVSODWH
6WHDP
&DXWLRQ
$SSOLDQFHFDUH<RXUDSSOLDQFHVFRRNLQJ
FRPSDUWPHQW LV PDGH IURP KLJKTXDOLW\ VWDLQOHVV VWHHO
,PSURSHUFDUHPD\OHDGWRFRUURVLRQLQWKHFRRNLQJ
FRPSDUWPHQW)ROORZWKHFDUHDQGFOHDQLQJ
LQVWUXFWLRQVLQWKHLQVWUXFWLRQPDQXDO5HPRYHIRRG
UHPQDQWVIURPWKHFRRNLQJFRPSDUWPHQWVXUIDFHVDV
VRRQDVWKHDSSOLDQFHKDVFRROHGGRZQ
%DNLQJWLQV2YHQZDUHPXVWEHKHDWDQGVWHDP
UHVLVWDQW6LOLFRQHEDNLQJWLQVDUHQRWVXLWDEOHIRU
FRPELQHGRSHUDWLRQZLWKVWHDP
2YHQZDUH ZLWK DUHDV RI UXVW 'R QRW XVH DQ\ RYHQZDUH
ZKLFKGLVSOD\VDUHDVRIUXVW(YHQWKHVPDOOHVWVSRWV
RIUXVWFDQOHDGWRFRUURVLRQLQWKHFRRNLQJ
FRPSDUWPHQW
'ULSSLQJ OLTXLGV 'XULQJ VWHDPLQJ LQVHUW WKH JODVV WUD\
LQWRVKHOISRVLWLRQDQGSODFHWKHVWHDPFRQWDLQHU
RQWR WKH JODVV WUD\ $Q\ GULSSLQJ OLTXLG LV FDXJKW LQ WKH
JODVVWUD\
+RW ZDWHU LQ WKH ZDWHU WDQN +RW ZDWHU FDQ GDPDJH WKH
SXPS'RQRWSRXUKRWZDWHULQWRWKHZDWHUWDQN
5LVNRIGDPDJHWRWKHFRRNLQJFRPSDUWPHQW'RQRW
XVHWKHDSSOLDQFHLIWKHUHLVZDWHURQWKHFRRNLQJ
FRPSDUWPHQWIORRU%HIRUHXVLQJWKHDSSOLDQFHZLSH
DZD\WKHZDWHUIURPWKHFRRNLQJFRPSDUWPHQWIORRU
'HVFDOLQJ VROXWLRQ 'R QRW DOORZ DQ\ GHVFDOLQJ VROXWLRQ
WRFRPHLQWRFRQWDFWZLWKWKHFRQWUROSDQHORURWKHU
VXUIDFHV RQ WKH DSSOLDQFH 7KLV GDPDJHV WKH VXUIDFHV
,IWKLVGRHVKDSSHQUHPRYHWKHGHVFDOLQJVROXWLRQ
LPPHGLDWHO\ZLWKZDWHU
&OHDQLQJ WKH ZDWHU WDQN 'R QRW FOHDQ WKH ZDWHU WDQN LQ
WKHGLVKZDVKHU2WKHUZLVHWKHZDWHUWDQNZLOOEH
GDPDJHG&OHDQWKHZDWHUWDQNZLWKDVRIWFORWKDQG
VWDQGDUGZDVKLQJXSOLTXLG
)URVWSURWHFWLRQ7RSUHYHQWIURVWGDPDJHGXULQJ
WUDQVSRUWDWLRQDQGVWRUDJHWKHDSSOLDQFHPXVWEH
FRPSOHWHO\HPSWLHGEHIRUHKDQG
7(QYLURQPHQWDOSURWHFWLRQ
(QYLURQPHQWDO SURWHFWLRQ
<RXUQHZDSSOLDQFHLVSDUWLFXODUO\HQHUJ\HIILFLHQW+HUH
\RX FDQ ILQG WLSV RQ KRZ WR VDYH HYHQ PRUH HQHUJ\ ZKHQ
XVLQJ WKH DSSOLDQFH DQG KRZ WR GLVSRVH RI \RXU DSSOLDQFH
SURSHUO\
6DYLQJHQHUJ\
2QO\SUHKHDWWKHDSSOLDQFHLIWKLVLVVSHFLILHGLQWKH
UHFLSHRULQWKHWDEOHVLQWKHRSHUDWLQJLQVWUXFWLRQV
8VH GDUN EODFN ODFTXHUHG RU HQDPHOOHG EDNLQJ WLQV IRU
EDNLQJ7KHVHDEVRUEWKHKHDWSDUWLFXODUO\ZHOO
2SHQWKHDSSOLDQFHGRRUDVLQIUHTXHQWO\DVSRVVLEOH
ZKHQWKHDSSOLDQFHLVLQXVH
,W LV EHVW WR EDNH VHYHUDO FDNHV RQH DIWHU WKH RWKHU 7KH
FRRNLQJFRPSDUWPHQWLVVWLOOZDUP7KLVUHGXFHVWKH
EDNLQJWLPHIRUWKHVHFRQGFDNH<RXFDQSODFHWZR
FDNHWLQVQH[WWRHDFKRWKHULQWKHFRRNLQJ
FRPSDUWPHQW
)RU ORQJHU FRRNLQJ WLPHV \RX FDQ VZLWFK WKH DSSOLDQFH
RII PLQXWHVEHIRUHWKHHQGRIWKHFRRNLQJWLPHDQG
XVHWKHUHVLGXDOKHDWWRILQLVKFRRNLQJ
(QYLURQPHQWDOO\IULHQGO\GLVSRVDO
'LVSRVHRISDFNDJLQJLQDQHQYLURQPHQWDOO\IULHQGO\
PDQQHU
7KLVDSSOLDQFHLVODEHOOHGLQDFFRUGDQFHZLWK
(XURSHDQ 'LUHFWLYH (8 FRQFHUQLQJ XVHG
HOHFWULFDODQGHOHFWURQLFDSSOLDQFHVZDVWH
HOHFWULFDO DQG HOHFWURQLF HTXLSPHQW :((( 7KH
JXLGHOLQH GHWHUPLQHV WKH IUDPHZRUN IRU WKH UHWXUQ
DQGUHF\FOLQJRIXVHGDSSOLDQFHVDVDSSOLFDEOH
WKURXJKRXWWKH(8
*HWWLQJWRNQRZ\RXUDSSOLDQFH HQ
**HWWLQJWRNQRZ\RXU
DSSOLDQFH
*HWWLQJ WR NQRZ \RXU DSSOLDQFH
,QWKLVVHFWLRQZHH[SODLQWKHGLVSOD\DQGFRQWUROV<RX
ZLOODOVRILQGRXWDERXWWKHYDULRXVIXQFWLRQVRI\RXU
DSSOLDQFH
1RWH 'HSHQGLQJRQWKHDSSOLDQFHPRGHOLQGLYLGXDO
GHWDLOVDQGFRORXUVPD\GLIIHU
&RQWUROSDQHO
8VHWKHIXQFWLRQDQGURWDU\VHOHFWRUDVZHOODVWKHWRXFK
ILHOGVWRVHWWKHYDULRXVIXQFWLRQVIRU\RXUDSSOLDQFHYLD
WKHFRQWUROXQLW7KHFXUUHQWVHWWLQJVDUHVKRZQLQWKH
GLVSOD\
7KH RYHUYLHZ VKRZV WKH FRQWURO SDQHO ZKHQ WKH DSSOLDQFH
LVVZLWFKHGRQZLWKDVHOHFWHGRSHUDWLQJPRGH
1RWHV
2QVRPHDSSOLDQFHVWKHIXQFWLRQRUURWDU\VHOHFWRU
FDQ EH UHWUDFWHG 7R SRS WKH IXQFWLRQ RU URWDU\ VHOHFWRU
LQRURXWSXVKLWLQLQWKH2IISRVLWLRQ
,IWKHIXQFWLRQVHOHFWRULVLQWKH2IISRVLWLRQHQHUJ\
VDYLQJPRGHDQGDIXQFWLRQLVVHOHFWHGLWZLOOWDNHD
IHZVHFRQGVEHIRUHWKHIXQFWLRQEHFRPHVDYDLODEOH
HJWKHPLFURZDYH
)XQFWLRQVHOHFWRU
8VHWKHIXQFWLRQVHOHFWRUWRVHWWKHRSHUDWLQJPRGHVDQG
RWKHUIXQFWLRQV
7R PDNH VXUH \RX DOZD\V XVH WKH ULJKW RSHUDWLQJ PRGH WR
FRRN\RXUIRRGZHKDYHH[SODLQHGWKHGLIIHUHQFHVDQG
DSSOLFDWLRQVEHORZ

#
( )XQFWLRQVHOHFWRU
8VH WKH IXQFWLRQ VHOHFWRU WR VHW WKH W\SH RI KHDWLQJ
RURWKHUIXQFWLRQV
<RXFDQWXUQWKHIXQFWLRQVHOHFWRUFORFNZLVHRU
DQWLFORFNZLVHIURPWKH2IISRVLWLRQ
0 7RXFKILHOGV
7KHUHDUHVHQVRUVEHKLQGWKHWRXFKILHOGV6LPSO\
WRXFKDV\PEROWRVHOHFWWKHIXQFWLRQ
8 'LVSOD\
7KHGLVSOD\VKRZVV\PEROVIRUDFWLYHIXQFWLRQV
DQGWKHWLPHVHWWLQJRSWLRQV
@ 5RWDU\VHOHFWRU
8VHWKHURWDU\VHOHFWRUWRVHWWKHWHPSHUDWXUHIRU
WKHKHDWLQJW\SHRUVHOHFWWKHVHWWLQJIRURWKHU
IXQFWLRQV
<RXFDQWXUQWKHURWDU\VHOHFWRUFORFNZLVHDQG
DQWLFORFNZLVH
3RVLWLRQ 8VH
Û 2IISRVLWLRQ ,QWKLVSRVLWLRQWKHDSSOLDQFHLV
VZLWFKHGRIIDQGLVLQHQHUJ\VDY
LQJPRGH
!
0LFURZDYH 6HOHFWPLFURZDYHPRGH
"
6WHDP +RWVWHDPLVIHGLQWRWKHFRRNLQJ
FRPSDUWPHQW
<
&RQYHFWLRQ 7KHIDQGLVWULEXWHVWKHKHDWIURP
WKHULQJKHDWLQJHOHPHQWLQWKH
EDFN SDQHO HYHQO\ DURXQG WKH FRRN
LQJFRPSDUWPHQW
(
*ULOO 7KHZKROHDUHDEHORZWKHJULOOHOH
PHQWVEHFRPHVKRW
7
+RWDLUJULOO 7KHIDQFLUFXODWHVWKHKRWDLUIURP
WKHJULOOHOHPHQWVDURXQGWKHIRRG
Ê
'HVFDOLQJ 8VHG WR GHVFDOH WKH HYDSRUDWRU DQG
NHHSLWRSHUDWLRQDO
!
5LQVH 7KLV IXQFWLRQ ULQVHV WKH SLSHV LQ WKH
VWHDPXQLWZLWKZDWHU,WLVUHFRP
PHQGHGWRFDUU\RXWWKHULQVHIXQF
WLRQDIWHUHDFKVWHDPRSHUDWLRQ
%
3URJUDPPHV 7KLVJLYHV\RXDFFHVVWRSUHSUR
JUDPPHGVHWWLQJVIRUPDQ\GLVKHV
en *HWWLQJWRNQRZ\RXUDSSOLDQFH

7RXFKILHOGVDQGGLVSOD\
<RXFDQXVHWKHWRXFKILHOGVWRVHWYDULRXVDGGLWLRQDO
IXQFWLRQVIRU\RXUDSSOLDQFH<RXFDQVHHWKHYDOXHVIRU
WKHVHLQWKHGLVSOD\
7RXFKILHOGV
+HUH\RXFDQILQGDVKRUWH[SODQDWLRQRIWKHYDULRXV
EXWWRQVDQGWRXFKILHOGV

'LVSOD\
7KHGLVSOD\LVVWUXFWXUHGVRWKDWWKHLQIRUPDWLRQFDQEH
UHDGDWDJODQFHLQDQ\VLWXDWLRQ
7KHYDOXHWKDW\RXFDQFXUUHQWO\VHWLVKLJKOLJKWHG,WLV
KLJKOLJKWHGE\DUHGEDUGLVSOD\HGXQGHUWKHVHWYDOXH
7KHYDOXHWKDWLVKLJKOLJKWHGFDQEHFKDQJHGGLUHFWO\
XVLQJWKHURWDU\VHOHFWRU
'LVSOD\HOHPHQWV
+HUH\RXFDQILQGDVKRUWH[SODQDWLRQRIWKHYDULRXV
GLVSOD\HOHPHQWV

'ULSWUD\DQGZDWHUWDQNVWDWXVGLVSOD\
7KH VWDWXV GLVSOD\ RQO\ OLJKWV XS ZKHQ WKH ULS WUD\ RU ZDWHU
WDQNLVUHTXLUHGIRUWKHVHOHFWHGRSHUDWLQJPRGH,WFDQ
GLVSOD\ YDULRXV VWDWXVHV DQG LQIRUPV WKH XVHU ZKHQ DFWLRQ
LVUHTXLUHG
:DWHUWDQNVWDWXVGLVSOD\
'ULSWUD\VWDWXVGLVSOD\
6\PERO 0HDQLQJ
!
0LFURZDYH 6HOHFWWKHPLFURZDYHSRZHUOHYHOV
RUVZLWFKRQWKHPLFURZDYHIXQF
WLRQIRUDW\SHRIKHDWLQJ
"
6WHDP 6HOHFWDVWHDPOHYHORUVZLWFKRQ
WKHVWHDPIXQFWLRQIRUDW\SHRI
KHDWLQJ
%
3URJUDPPHV &DOOXSWKHSURJUDPPHVHOHFWLRQ
XVH WKH URWDU\ VHOHFWRU WR VHOHFW WKH
SURJUDPPHQXPEHU
0 7LPHVHWWLQJ
RSWLRQV
6HOHFWWKH7LPHVHWWLQJRSWLRQV
V\PERODQGXVHWKHURWDU\VHOHFWRU
WRVHWWKHWLPHVHWWLQJRSWLRQV\RX
UHTXLUH
]
5DSLGSUHKHDW
LQJFKLOGSURRI
ORFN
3UHVVEULHIO\$FWLYDWHGHDFWLYDWH
UDSLGSUHKHDWLQJ
3UHVV DQG KROG $FWLYDWHGHDFWLYDWH
WKHFKLOGSURRIORFN
~
h
7HPSHUDWXUH
ZHLJKW
6HOHFWDQGVHWWKHWHPSHUDWXUH
ZHLJKWXVLQJWKHURWDU\VHOHFWRU
l
6WDUWVWRS 6WDUWVRUSDXVHVWKHRSHUDWLRQ
1RWH 3UHVVLQJ DQG KROGLQJ HQGV
WKH FXUUHQW RSHUDWLRQ DQG WKH VHW
WLQJV IRU WKH RSHUDWLQJ PRGH VHOHFW
HGDUHUHVHWWRWKHGHIDXOWYDOXHV
6\PERO 0HDQLQJ
t
7LPHU ,IWKHV\PEROLVKLJKOLJKWHGWKH
WLPHUZLOODSSHDURQWKHGLVSOD\
y
&RRNLQJWLPH ,IWKHV\PEROLVKLJKOLJKWHGWKH
FRRNLQJ WLPH ZLOO DSSHDU RQ WKH GLV
SOD\
0 &ORFN ,IWKHV\PEROLVKLJKOLJKWHGWKH
FORFNZLOODSSHDURQWKHGLVSOD\
KPLQ +RXUVPLQXWHV &RRNLQJWLPHLQKRXUVDQGPLQXWHV
PLQVHF 0LQXWHVVHFRQGV &RRNLQJWLPHLQPLQXWHVDQGVHF
RQGV
D &KLOGSURRIORFN ,IWKLVV\PEROOLJKWVXSWKHFKLOG
SURRIORFNLVDFWLYDWHG
#
'ULSWUD\ 'ULSWUD\VWDWXVGLVSOD\
$
:DWHUWDQN :DWHUWDQNVWDWXVGLVSOD\
G
5DSLGKHDWLQJ ,IWKLVV\PEROOLJKWVXSUDSLGKHDW
LQJLVDFWLYDWHG
Ê
'HVFDOLQJ ,IWKHV\PEROOLJKWVXSWKHDSSOL
DQFHPXVWEHGHVFDOHG
6\PERO 0HDQLQJ
$
6\PEROOLJKWV
XSDUURZ
IODVKHV
:DWHUWDQNLVLQWKHWDQNUHFHVV
DQGQHHGVILOOLQJ
6\PEROZLWKRXW
DUURZIODVKHV
:DWHUWDQNLVQRWLQWKHWDQN
UHFHVVDQGQHHGVILWWLQJLQSODFH
6\PEROZLWKRXW
DUURZOLJKWVXS
:DWHUWDQNLVLQWKHWDQNUHFHVV
1RIXUWKHUDFWLRQQHFHVVDU\
6\PERO 0HDQLQJ
#
6\PEROOLJKWV
XSDUURZ
IODVKHV
'ULS WUD\ LV LQ WKH WDQN UHFHVV DQG
QHHGVHPSW\LQJ
6\PEROZLWKRXW
DUURZIODVKHV
'ULS WUD\ LV QRW LQ WKH WDQN UHFHVV
,QVHUWWKHGULSWUD\LQWRWKHWDQN
UHFHVV
6\PEROZLWKRXW
DUURZOLJKWVXS
'ULSWUD\LVLQWKHWDQNUHFHVV1R
IXUWKHUDFWLRQQHFHVVDU\
*HWWLQJWRNQRZ\RXUDSSOLDQFH HQ

7HPSHUDWXUHLQGLFDWRU
7KHUHGEDUDWWKHERWWRPRIWKHGLVSOD\VKRZVWKDWWKH
DSSOLDQFHLVKHDWLQJXS
,I D KHDWLQJ IXQFWLRQ LV LQ XVH WKH EDU WXUQV UHG IURP OHIW WR
ULJKWDVWKHFRRNLQJFRPSDUWPHQWKHDWVXS
,I\RXDUHXVLQJWKHJULOORUVWHDPPRGHWKHHQWLUHEDU
OLJKWVXSUHGLPPHGLDWHO\
7KH EDU GRHV QRW OLJKW XS ZKHQ WKH PLFURZDYH IXQFWLRQ LV
LQXVH
:KHQ\RXDUHSUHKHDWLQJWKHDSSOLDQFHWKHRSWLPDOWLPH
WR SODFH \RXU IRRG LQ WKH FRRNLQJ FRPSDUWPHQW LV DV VRRQ
DVDOOILYHVHFWLRQVRIWKHOLQHKDYHWXUQHGUHG
1RWH 'XHWRWKHUPDOLQHUWLDWKHDFWXDOWHPSHUDWXUH
LQVLGHWKHFRRNLQJFRPSDUWPHQWPD\EHVOLJKWO\GLIIHUHQW
WRWKHWHPSHUDWXUHWKDW\RXVHW
1LJKWPRGH
7RVDYHHQHUJ\WKHGLVSOD\EULJKWQHVVLVDXWRPDWLFDOO\
UHGXFHGWRDORZHUOHYHOEHWZHHQSPDQGDP
5RWDU\VHOHFWRU
8VHWKHURWDU\VHOHFWRUWRFKDQJHWKHDGMXVWPHQWYDOXHV
WKDWDUHVKRZQLQWKHGLVSOD\DQGKLJKOLJKWHG
,Q PRVW VHOHFWLRQ OLVWV HJ SURJUDPPHV WKH ILUVW VHOHFWLRQ
IROORZVWKHODVW
)RUYDOXHVHJZHLJKW\RXKDYHWRWXUQWKHURWDU\
VHOHFWRU EDFN WKH RWKHU ZD\ ZKHQ \RX UHDFK WKH PLQLPXP
RUPD[LPXPYDOXH
2SHUDWLQJPRGHV
<RXU DSSOLDQFH KDV YDULRXV RSHUDWLQJ PRGHV ZKLFK PDNH
\RXUDSSOLDQFHHDVLHUWRXVH
<RXFDQILQGPRUHSUHFLVHGHVFULSWLRQVRIWKHVHLQWKH
FRUUHVSRQGLQJVHFWLRQV

7\SHVRIKHDWLQJ
7RPDNHVXUH\RXDOZD\VXVHWKHULJKWW\SHRIKHDWLQJWR
FRRN\RXUIRRGZHKDYHH[SODLQHGWKHGLIIHUHQFHVDQG
DSSOLFDWLRQVEHORZ
7KHV\PEROVIRUHDFKW\SHRIKHDWLQJKHOS\RXWR
UHPHPEHUWKHP

'HIDXOWYDOXHV
)RU HDFK W\SH RI KHDWLQJ WKH DSSOLDQFH VSHFLILHV D GHIDXOW
WHPSHUDWXUH RU OHYHO <RX FDQ DFFHSW WKLV YDOXH RU FKDQJH
LWLQWKHDSSURSULDWHDUHD
6WHDP
<RXFDQXVHWKHVWHDPIXQFWLRQRQLWVRZQRULQ
FRPELQDWLRQZLWKDOOW\SHVRIKHDWLQJDQGWKHPLFURZDYH
IXQFWLRQ
7R HQVXUH RSWLPXP XVH RI WKH VWHDP IXQFWLRQ UHPRYH WKH
ZLUHUDFN,QVHUWWKHJODVVWUD\DWVKHOISRVLWLRQDQG
LQVHUWWKHVWHDPFRQWDLQHULQWRWKHJODVVWUD\
2SHUDWLQJPRGH 8VH
7\SHVRIKHDWLQJ
~ 2SHUDWLQJWKH
DSSOLDQFHRQ SDJH 
7KHUHDUHYDULRXVILQHO\WXQHG
KHDWLQJ W\SHV IRU WKH RSWLPDO SUHSD
UDWLRQRI\RXUIRRG
0LFURZDYH
~ 0LFURZDYHRQ SDJH 
<RXFDQXVHWKHPLFURZDYHWR
FRRNKHDWXSRUGHIURVW\RXU
GLVKHVPRUHTXLFNO\
6WHDP
~ 6WHDPRQ SDJH 
7KHUHDUHYDULRXVILQHO\WXQHG
VWHDPOHYHOVIRUWKHRSWLPDOSUHSD
UDWLRQRI\RXUIRRG
0LFURZDYH FRPELQHG RSHUD
WLRQ
~ 6HWWLQJWKHPLFURZDYH
WRFRPELQHGRSHUDWLRQ
RQ SDJH 
,Q DGGLWLRQ WR D W\SH RI KHDWLQJ \RX
FDQVZLWFKWKHPLFURZDYHRQIRU
WKLV
6WHDPFRPELQDWLRQ
~ 6HWWLQJWKHVWHDP
FRPELQDWLRQRQ SDJH 
,Q DGGLWLRQ WR D W\SH RI KHDWLQJ \RX
FDQVZLWFKWKHVWHDPIXQFWLRQRQ
IRUWKLV
&OHDQLQJ
~ &OHDQLQJIXQFWLRQ
RQ SDJH 
'LIIHUHQWFOHDQLQJIXQFWLRQVDUH
DYDLODEOH'HVFDOLQJDQGULQVLQJ
%DVLFVHWWLQJV
~ %DVLFVHWWLQJV
RQ SDJH 
<RXFDQFKDQJH\RXUDSSOLDQFHV
EDVLFVHWWLQJVWRVXLW\RXUQHHGV
7\SHRIKHDWLQJ 7HPSHUD
WXUH
8VH
<
+RWDLU  & /HW\HDVWGRXJKULVHGHIURVW
FUHDPFDNHV
& )RUEDNLQJDQGURDVWLQJRQRQH
OHYHO
(
*ULOO *ULOOVHW
WLQJV
 ORZ
 PHGLXP
 KLJK
)RUJULOOLQJIODWLWHPVVXFKDV
VWHDNVRUVDXVDJHVIRUPDNLQJ
WRDVWDQGIRUDXJUDWLQGLVKHV
7
+RWDLUJULOO
LQJ
& )RUURDVWLQJSRXOWU\ZKROHILVK
DQGODUJHUSLHFHVRIPHDW
en *HWWLQJWRNQRZ\RXUDSSOLDQFH

6WHDPOHYHOV
'LIIHUHQWLQWHQVLW\OHYHOVDUHDYDLODEOHZKHQXVLQJWKH
VWHDPIXQFWLRQ7KHVWHDPOHYHOVFDQEHVHOHFWHGE\
WRXFKLQJ "7KHVHOHFWHGVWHDPOHYHOLVVKRZQLQWKH
GLVSOD\
0LFURZDYH
$ YDULHW\ RI PLFURZDYH SRZHU VHWWLQJV WKDW DUH VXLWDEOH IRU
GLIIHUHQW W\SHV RI IRRG DQG IRRG SUHSDUDWLRQ DUH DYDLODEOH
7KH PLFURZDYH VHWWLQJV GR QRW DOZD\V FRUUHVSRQG H[DFWO\
WRWKHZDWWDJHXVHGE\WKHDSSOLDQFH
7KHIROORZLQJPLFURZDYHVHWWLQJVDUHDYDLODEOH

<RXFDQXVHWKHPLFURZDYHIXQFWLRQRQLWVRZQRULQ
FRPELQDWLRQZLWKDOOW\SHVRIKHDWLQJDQGWKHVWHDP
IXQFWLRQ
([FHSWLRQV
! 0LFURZDYHVHWWLQJZDWWV
< +RWDLU&
)LQGRXWKRZWRFRPELQHWKHPLFURZDYHIXQFWLRQZLWKDOO
W\SHV RI KHDWLQJ DQG WKH VWHDP IXQFWLRQ KHUH ~ 6HWWLQJ
WKHPLFURZDYHWRFRPELQHGRSHUDWLRQRQ SDJH 
&RRNLQJFRPSDUWPHQW
9DULRXVIXQFWLRQVLQWKHFRRNLQJFRPSDUWPHQWPDNH\RXU
DSSOLDQFHHDVLHUWRXVH)RUH[DPSOHWKHFRRNLQJ
FRPSDUWPHQWLVZHOOOLWDQGDFRROLQJIDQSUHYHQWVWKH
DSSOLDQFHIURPRYHUKHDWLQJ
2SHQLQJWKHDSSOLDQFHGRRU
,I\RXRSHQWKHDSSOLDQFHGRRUGXULQJDQRSHUDWLRQWKH
RSHUDWLRQLVSDXVHG&ORVHWKHGRRUDQGWRXFKWKH
l ILHOGWRFRQWLQXHWKHRSHUDWLRQ
,QWHULRUOLJKWLQJ
7KHLQWHULRUOLJKWLQJOLJKWVXSZKLOHWKHDSSOLDQFHLV
RSHUDWLQJ2QFHWKHRYHQKDVILQLVKHGFRRNLQJWKHIRRG
WKHOLJKWLQJJRHVRXW
7KHLQWHULRUOLJKWLQJVZLWFKHVRQZKHQWKHDSSOLDQFHGRRU
LVRSHQHG7KLVPDNHVLWHDVLHUWRFOHDQ\RXUDSSOLDQFH
IRUH[DPSOH$IWHUDSSUR[LPDWHO\ PLQXWHVWKHLQWHULRU
OLJKWLQJDXWRPDWLFDOO\VZLWFKHVLWVHOIRII
&RROLQJIDQ
<RXUDSSOLDQFHKDVDFRROLQJIDQ7KHFRROLQJIDQ
VZLWFKHVRQGXULQJRSHUDWLRQ7KHKRWDLUHVFDSHVDERYH
WKHGRRU
7KHFRROLQJIDQFRQWLQXHVWRUXQIRUDFHUWDLQWLPHDIWHU
RSHUDWLRQ
&DXWLRQ
'RQRWFRYHUWKHYHQWLODWLRQVORWV2WKHUZLVHWKH
DSSOLDQFHPD\RYHUKHDW
1RWHV
7KHDSSOLDQFHUHPDLQVFRROGXULQJPLFURZDYH
RSHUDWLRQ'HVSLWHWKLVWKHFRROLQJIDQZLOOVWLOOVZLWFK
RQ7KHIDQPD\UXQRQHYHQZKHQPLFURZDYH
RSHUDWLRQKDVHQGHG
&RQGHQVDWLRQPD\IRUPRQWKHGRRUZLQGRZLQWHULRU
ZDOOVDQGIORRU7KLVLVQRUPDODQGGRHVQRWDGYHUVHO\
DIIHFWDSSOLDQFHRSHUDWLRQ:LSHDZD\WKH
FRQGHQVDWLRQDIWHUFRRNLQJ
/HYHO ,QWHQVLW\ 8VH 'LVSOD\LQGLFDWRU
ORZ )RUGHIURVWLQJYHJHWD
EOHVPHDWILVKDQG
IUXLW
PHGLXP )RUSUHSDULQJGHV
VHUWVILVKDQGVDX
VDJHV
KLJK )RUFRRNLQJYHJHWD
EOHV ILVK VLGH GLVKHV
IRUH[WUDFWLQJMXLFH
IURPIUXLWDQGIRU
EODQFKLQJ
0LFURZDYHVHWWLQJ 0D[LPXPFRRNLQJWLPH
 KRXUPLQV
 KRXUPLQV
 KRXUPLQV
 KRXUPLQV
 PLQXWHV
*HWWLQJWRNQRZ\RXUDSSOLDQFH HQ

7DQNFRYHU
7KHWDQNFRYHULVORFDWHGEHORZWKHDSSOLDQFHGRRUDQG
DOORZVIRUDFFHVVWRWKHGULSWUD\DQGZDWHUWDQN%RWKRI
WKHVHDUHORFDWHGEHKLQGWKHWDQNFRYHU3URFHHGDV
IROORZVWRRSHQDQGFORVHWKHWDQNFRYHU
%ULHIO\SUHVVRQWKHFHQWUHRIWKHWDQNFRYHUWRRSHQLW
7KHWDQNFRYHUIROGVXSZDUGV
7RFORVHWKHWDQNFRYHUIROGLWGRZQZDUGVDQGEULHIO\
SUHVVWKHFHQWUHRIWKHWDQNFRYHU7KHWDQNFRYHULV
ORFNHG
:DWHUWDQN
7KHDSSOLDQFHLVHTXLSSHGZLWKDZDWHUWDQN7KHZDWHU
WDQNLVORFDWHGWRWKHULJKWEHKLQGWKHWDQNFRYHU)LOOWKH
ZDWHUWDQNZLWKZDWHUWRRSHUDWHWKHDSSOLDQFHXVLQJ
VWHDPPRGHV ~ )LOOLQJWKHZDWHUWDQNRQ SDJH 
,IWKHDUURZRIWKHZDWHUWDQNV\PERO $IODVKHVRQWKH
GLVSOD\WKHZDWHULQWKHZDWHUWDQNQHHGVUHSODFLQJ
'ULSWUD\
7KH DSSOLDQFH LV HTXLSSHG ZLWK D GULS WUD\ 7KH GULS WUD\ LV
ORFDWHGWRWKHOHIWEHKLQGWKHWDQNFRYHU(PSW\WKHGULS
WUD\EHIRUHDQGDIWHUFDUU\LQJRXWWKHFOHDQLQJ
IXQFWLRQV~ &OHDQLQJIXQFWLRQRQ SDJH 
,IWKHDUURZRIWKHGULSWUD\V\PERO #IODVKHVRQWKH
GLVSOD\WKHGULSWUD\QHHGVHPSW\LQJ
( +DQGOHIRUUHPRYLQJDQGLQVHUWLQJWKHZDWHUWDQN
0 2SHQLQJIRUILOOLQJ
8 7DQNFRYHU
1
2
( +DQGOHIRUUHPRYLQJDQGLQVHUWLQJWKHZDWHUWDQN
0 &ROOHFWLRQRSHQLQJ
8 7DQNFRYHU
en $FFHVVRULHV

_$FFHVVRULHV
$FFHVVRULHV
<RXUDSSOLDQFHLVDFFRPSDQLHGE\DUDQJHRI
DFFHVVRULHV+HUH\RXFDQILQGDQRYHUYLHZRIWKH
DFFHVVRULHV LQFOXGHG DQG LQIRUPDWLRQ RQ KRZ WR XVH WKHP
FRUUHFWO\
$FFHVVRULHVLQFOXGHG
<RXUDSSOLDQFHLVHTXLSSHGZLWKWKHIROORZLQJ
DFFHVVRULHV
2QO\XVHRULJLQDODFFHVVRULHVSURYLGHGE\\RXUDSSOLDQFH
PDQXIDFWXUHU7KH\DUHVSHFLDOO\DGDSWHGIRU\RXU
DSSOLDQFH
<RX FDQ EX\ DFFHVVRULHV IURP RXU FXVWRPHU VHUYLFH IURP
VSHFLDOLVWUHWDLOHUVRURQOLQH
$GGLWLRQDODFFHVVRULHV
$GGLWLRQDODFFHVVRULHVPD\EHHQFORVHGGHSHQGLQJRQ
WKHDSSOLDQFHPRGHO
6SHFLDODFFHVVRULHV
<RXFDQREWDLQIXUWKHUDFFHVVRULHVIURPWKHDIWHUVDOHV
VHUYLFHRUIURPVSHFLDOLVWUHWDLOHUV

,QVHUWLQJDFFHVVRULHV
7KHFRRNLQJFRPSDUWPHQWKDVIRXUVKHOISRVLWLRQV7KH
VKHOISRVLWLRQVDUHFRXQWHGIURPWKHERWWRPXS
,QVHUWWKHDFFHVVRU\LQWRWKHJXLGHDQGVOLGHLWLQIXOO\
1RWH 7KHFRRNLQJFRPSDUWPHQWSRVLWLRQLV
SDUWLFXODUO\VXLWDEOHIRUPLFURZDYHRSHUDWLRQDVWKLVLV
ZKHUHWKHPLFURZDYHSRZHULVRSWLPXP2QO\XVH
FRRNZDUHWKDWLVVXLWDEOHIRUXVHLQPLFURZDYHV
:LUHUDFN
8VH DV D VXUIDFH IRU VHWWLQJ GRZQ
EDNLQJWLQVRUIRUJULOOLQJDQG
EURZQLQJ
8VHWKHZLUHUDFNIRUJULOOLQJDW
VKHOISRVLWLRQVDQG
7KHZLUHUDFNLVQRWVXLWDEOHIRU
XVHZKHQWKHDSSOLDQFHLV
RSHUDWLQJSXUHO\LQPLFURZDYH
PRGHRUZKHQ\RXDUHFRRNLQJ
XVLQJVWHDP
0DNHVXUHWKDW\RXLQVHUWWKH
ZLUHUDFNLQGLUHFWLRQ D
*ODVVWUD\
7KHJODVVWUD\FDQEHXVHGIRU
FRRNLQJLQDOORSHUDWLQJPRGHV
LQFOXGLQJFRPELQDWLRQPRGH,Q
DGGLWLRQ LW DFWV DV D VSODVK JXDUG
LI\RXDUHJULOOLQJIRRGGLUHFWO\RQ
WKHZLUHUDFN
$OORZWKHJODVVWUD\WRFRRO
EHIRUH\RXFOHDQLWRUSODFHLWLQ
FROGZDWHUDVWKLVPD\GDPDJH
WKHJODVV
6WHDPFRQWDLQHU
7KHVWHDPFRQWDLQHULVSODFHG
LQWRWKHJODVVWUD\LQRUGHUWR
FRRNZLWKWKH6WHDPRU6WHDP
ZLWKPLFURZDYHRSHUDWLQJ
PRGHV7KHJODVVWUD\PXVWEH
LQVHUWHGLQVKHOISRVLWLRQIRU
WKLV7KHIRRGFDQEHSODFHG
GLUHFWO\ RQWR WKH VWHDP FRQWDLQHU
7KHVWHDPFRQWDLQHULV
GLVKZDVKHUVDIH
'RQRWXVHWKHVWHDPFRQWDLQHU
LQ VWDQGDUG PLFURZDYH RSHUDWLRQ
RUGXULQJ*ULOO+RWDLURU+RW
DLUJULOOKHDWLQJPRGHV
³
:LUHLQVHUW
)RUIU\LQJ,QVHUWWKHZLUHLQVHUW
LQWRWKHJODVVWUD\ZLWKLWVIHHWWR
WKHERWWRP7KLVHQVXUHVWKDW
GULSSLQJJUHDVHDQGPHDWMXLFHV
FDQEHFROOHFWHG7KHZLUHLQVHUW
LVQRWVXLWDEOHIRUXVHLQ
PLFURZDYHRSHUDWLRQRUVWHDP
PRGH
6SHFLDODFFHVVRULHV
*ODVVURDVWLQJGLVK
)RUSRWURDVWVDQGEDNHVWKDW\RXSUHSDUHLQWKHRYHQ
%HIRUHXVLQJIRUWKHILUVWWLPH HQ

K%HIRUHXVLQJIRUWKHILUVW
WLPH
%HIRUH XVLQJ IRU WKH ILUVW WLPH
%HIRUH\RXFDQXVH\RXUQHZDSSOLDQFH\RXPXVWPDNH
VRPHVHWWLQJV<RXPXVWDOVRFOHDQWKHFRRNLQJ
FRPSDUWPHQWDQGDFFHVVRULHV
7KH DSSOLDQFH PXVW EH IXOO\ LQVWDOOHG DQG FRQQHFWHG WR WKH
PDLQV
,QLWLDOXVH
$IWHU FRQQHFWLQJ WKH HOHFWULFLW\ VXSSO\ RU DIWHU D SRZHU FXW
WKH GLVSOD\ SURPSWV \RX WR VHW WKH WLPH ,W PD\ WDNH D IHZ
VHFRQGVIRUWKHLQVWUXFWLRQWRDSSHDU
6HWWLQJWKHWLPH
'XULQJLQLWLDOXVHWKHWLPHGLVSOD\LVKLJKOLJKWHG
7KH‚ƒ‹‹ YDOXH IODVKHV LQ WKH GLVSOD\ DQG WKH 0 V\PERO
OLJKWVXS6HWWKHWLPH
 8VHWKHURWDU\VHOHFWRUWRVHWWKHWLPH
 7RXFK 0
7KHWLPHKDVQRZEHHQVHW
&KDQJLQJWKHWLPHRQWKHFORFN
1RWH 7RFKDQJHWKHWLPHRQWKHFORFN\RXZLOOQHHGWR
VZLWFKRIIWKHDSSOLDQFH
 7RXFKWKH 0 EXWWRQWZLFH
7KH 0 V\PERODQGWKHFORFNWLPHZLOODSSHDURQWKH
GLVSOD\
 6HWWKHFORFNXVLQJWKHURWDU\VHOHFWRU
 7RXFKWKH 0 EXWWRQ
7KHWLPHKDVQRZEHHQVHW
1RWHV
,I \RX GR QRW WRXFK WKH 0 EXWWRQ DIWHU VHWWLQJ WKH WLPH
WKHVHWYDOXHLVDXWRPDWLFDOO\DGRSWHGDIWHUDIHZ
VHFRQGV
,IWKHIXQFWLRQVHOHFWRUKDVEHHQPRYHGWRFRQILJXUH
WKHVHWWLQJVLWPXVWEHUHWXUQHGWRWKH2IISRVLWLRQ
RQFH\RXKDYHILQLVKHG2QO\WKHQFDQWKHDSSOLDQFH
EHXVHG
,QRUGHUWRUHGXFHWKHHQHUJ\FRQVXPSWLRQRI\RXU
DSSOLDQFHLQVWDQGE\\RXFDQKLGHWKHFORFN
6HWWKHZDWHUKDUGQHVVUDQJH
6HWWLQJ WKH ZDWHU KDUGQHV V UDQJH
6RWKDWWKHDSSOLDQFHFDQUHOLDEO\UHPLQG\RXWRGHVFDOH
LW ZKHQ UHTXLUHG \RX PXVW VHW \RXU ZDWHU KDUGQHVV UDQJH
FRUUHFWO\
7KHZDWHUKDUGQHVVUDQJHLVVHWWRYHU\KDUGH[
ZRUNV
&DXWLRQ
7KHDSSOLDQFHPD\EHFRPHGDPDJHGGXHWRWKHXVHRI
XQVXLWDEOHOLTXLGV
'RQRWXVHGLVWLOOHGZDWHUKLJKO\FKORULQDWHGWDSZDWHU
!PJORURWKHUOLTXLGV
2QO\XVHIUHVKFROGQRQFDUERQDWHGWDSZDWHURU
VRIWHQHGZDWHU
1RWHV
,I \RXU ZDWHU LV YHU\ KDUG ZH UHFRPPHQG WKDW \RX XVH
VRIWHQHGZDWHU
,I\RXRQO\XVHVRIWHQHGZDWHU\RXFDQVHWWKHZDWHU
KDUGQHVVUDQJHWRVRIWHQHGLQWKLVFDVH
,I \RX XVH PLQHUDO ZDWHU VHW WKH ZDWHU KDUGQHVV UDQJH
WRYHU\KDUG
,I\RXXVHPLQHUDOZDWHU\RXPXVWRQO\XVHQRQ
FDUERQDWHGPLQHUDOZDWHU
<RXFDQFKDQJHWKHZDWHUKDUGQHVVLQWKHEDVLF
VHWWLQJV~ %DVLFVHWWLQJVRQ SDJH 
&OHDQLQJWKHFRRNLQJFRPSDUWPHQWDQG
DFFHVVRULHV
%HIRUHXVLQJWKHDSSOLDQFHWRSUHSDUHIRRGIRUWKHILUVW
WLPH\RXPXVWFOHDQWKHFRRNLQJFRPSDUWPHQWDQG
DFFHVVRULHV
&OHDQLQJWKHFRRNLQJFRPSDUWPHQW
7R HOLPLQDWH WKH QHZDSSOLDQFH VPHOO KHDW XS WKH FRRNLQJ
FRPSDUWPHQWZKHQLWLVHPSW\DQGZLWKWKHRYHQGRRU
FORVHG2QHKRXUZLWK+RWDLU <DW &LVLGHDOIRU
WKLV (QVXUH WKDW QR SDFNDJLQJ UHPQDQWV KDYH EHHQ OHIW LQ
WKHFRRNLQJFRPSDUWPHQW
 8VHWKHIXQFWLRQVHOHFWRUWRVHW+RWDLU <
 8VHWKHURWDU\VHOHFWRUWRVHWWR &
 7RXFK㙇 l ㉴
7KHDSSOLDQFHEHJLQVWRKHDWXS
6ZLWFKRIIWKHDSSOLDQFHDIWHURQHKRXU7RGRVRWRXFK
l ㉴DQGWKHQWXUQWKHIXQFWLRQVHOHFWRUWRWKHRII
SRVLWLRQ
&OHDQLQJWKHDFFHVVRULHV
%HIRUH\RXXVHWKHDFFHVVRULHVIRUWKHILUVWWLPHFOHDQ
WKHPWKRURXJKO\ZLWKKRWVRDS\ZDWHUDQGDVRIWGLVK
FORWK
:DWHUKDUGQHVVUDQJH 6HWWLQJ
VRIWHQHG
XSWR PPROO VRIW
 PPROO PHGLXP
 PPROO KDUG
DERYH PPROO YHU\KDUG
en 2SHUDWLQJWKHDSSOLDQFH

12SHUDWLQJWKHDSSOLDQFH
2SHUDWLQJ WKH DSSOLDQFH
<RX KDYH DOUHDG\ OHDUQW DERXW WKH FRQWUROV DQG KRZ WKH\
ZRUN 1RZ ZH ZLOO H[SODLQ KRZ WR VHW \RXU DSSOLDQFH <RX
ZLOOOHDUQDERXWZKDWKDSSHQVZKHQ\RXVZLWFKWKH
DSSOLDQFHRQDQGRIIDQGKRZWRVHOHFWWKHRSHUDWLQJ
PRGH
6ZLWFKLQJWKHDSSOLDQFHRQDQGRII
%HIRUH \RX DUH DEOH WR VHW WKH DSSOLDQFH \RX PXVW VZLWFK
LWRQ
1RWH 7KH FKLOGSURRI ORFN FDQ RQO\ EH VHW LI WKH DSSOLDQFH
LVVZLWFKHGRII6RPHGLVSOD\VDOVRUHPDLQYLVLEOHLQWKH
GLVSOD\ZKHQWKHDSSOLDQFHKDVEHHQVZLWFKHGRII
6ZLWFKRII\RXUDSSOLDQFHZKHQLWLVQRWEHLQJXVHG,IQR
VHWWLQJVDUHDSSOLHGIRUDORQJWLPHWKHDSSOLDQFH
VZLWFKHVLWVHOIRIIDXWRPDWLFDOO\
6ZLWFKLQJRQWKHDSSOLDQFH
7XUQWKHIXQFWLRQVHOHFWRUWRVZLWFKRQWKHDSSOLDQFH
$VWDQGDUGYDOXHLVKLJKOLJKWHGLQWKHGLVSOD\7KH
DSSOLDQFHLVUHDG\WRXVH
<RX FDQ ILQG RXW KRZ WR VHOHFW WKH RSHUDWLQJ PRGHV LQ WKH
LQGLYLGXDOFKDSWHUV
6ZLWFKLQJRIIWKHDSSOLDQFH
7XUQWKHIXQFWLRQVHOHFWRUWRWKHRIISRVLWLRQ
$Q\IXQFWLRQVWKDWPD\EHUXQQLQJDUHFDQFHOOHG
7KHWLPHDSSHDUVLQWKHGLVSOD\
1RWH <RX FDQ VHW ZKHWKHU WKH FORFN VKRXOG EH GLVSOD\HG
ZKHQWKHGHYLFHLVVZLWFKHGRIILQWKHEDVLFVHWWLQJV
6HOHFWLQJDQRSHUDWLQJPRGH
$IWHUVHOHFWLQJDQRSHUDWLQJPRGHGHIDXOWYDOXHVDUH
VKRZQLQWKHGLVSOD\<RXFDQVWDUWWKLVVHWWLQJ
LPPHGLDWHO\
7KHIROORZLQJDOZD\VDSSOLHV
 8VH WKH IXQFWLRQ VHOHFWRU WR VHOHFW WKH RSHUDWLQJ PRGH
 ,IQHFHVVDU\DSSO\RWKHUVHWWLQJV
7RGRWKLVWRXFKWKHDSSURSULDWHILHOGDQGXVHWKH
URWDU\VHOHFWRUWRFKDQJHWKHYDOXH
 7RXFK㙇 l ㉴
7KHDSSOLDQFHVWDUWVWKHRSHUDWLRQ7KH㙇 l /('
OLJKWVXS
6HWWLQJ WKH KHDWLQJ IXQFWLRQ DQG WHPSHUDWXUH
([DPSOH+RWDLU <DW&
 8VHWKHIXQFWLRQVHOHFWRUWRVHWWKH+RWDLU <KHDWLQJ
IXQFWLRQ
$GHIDXOWWHPSHUDWXUHRI &ZLOODSSHDURQWKH
GLVSOD\
 8VHWKHURWDU\VHOHFWRUWRVHWWKHWHPSHUDWXUHWR
 &
 7RXFKWKH㙇 l EXWWRQ
7KHDSSOLDQFHZLOOVWDUWKHDWLQJ7KH㙇 l /('ZLOOEH
OLW7KHOHQJWKRIWKHEDURQWKHWHPSHUDWXUHLQGLFDWRU
JUDGXDOO\LQFUHDVHV
<RXFDQFKDQJHWKHWHPSHUDWXUHDWDQ\WLPHZKHQWKH
DSSOLDQFHLVKHDWLQJXVLQJWKHURWDU\VHOHFWRU
1RWHV
2QFHWKHDSSOLDQFHKDVKHDWHGXSVOLJKWIOXFWXDWLRQV
LQWHPSHUDWXUHDUHQRUPDOGHSHQGLQJRQWKHKHDWLQJ
IXQFWLRQ
:KHQ WKH DSSOLDQFH LV KHDWLQJ WKH WHPSHUDWXUH FDQQRW
EHVHWWR &
6HWWLQJWKHFRRNLQJWLPH
 6HWWKHW\SHRIKHDWLQJDQGWHPSHUDWXUH
 7RXFK 0XQWLOWKH y V\PEROLVKLJKOLJKWHG
 8VHWKHURWDU\VHOHFWRUWRVHWWKHUHTXLUHGFRRNLQJ
WLPH
 7RXFK㙇 l ㉴
7KHDSSOLDQFHEHJLQVWRKHDWXS7KH㙇 l /('
OLJKWVXS7KHFRRNLQJWLPHVWDUWVFRXQWLQJGRZQ
3DXVLQJWKHRSHUDWLRQ
 7RXFKWKH㙇 l ILHOGRURSHQWKHDSSOLDQFHGRRU
7KHRSHUDWLRQLVVXVSHQGHGDQGWKH㙇 l /('
IODVKHV
 &ORVHWKHDSSOLDQFHGRRU
 7RXFKWKH㙇 l ILHOG
7KHRSHUDWLRQLVFRQWLQXHGDQGWKH㙇 l /('OLJKWV
XS
0LFURZDYH HQ

6WRSSLQJWKHDSSOLDQFHIURPKHDWLQJ
7XUQWKHIXQFWLRQVHOHFWRUWRWKH2IISRVLWLRQ
7KH DSSOLDQFH ZLOO VWRS KHDWLQJ DQG DOO WKH VHWWLQJV ZLOO EH
FOHDUHG
1RWH 7KH IDQ PD\ FRQWLQXH WR UXQ DIWHU WKH DSSOLDQFH KDV
EHHQSDXVHGRUVWRSSHG
5DSLGKHDWLQJ
:LWKUDSLGKHDWLQJ\RXUDSSOLDQFHUHDFKHVWKHVHW
WHPSHUDWXUHSDUWLFXODUO\TXLFNO\
2QO\XVHUDSLGKHDWLQJZKHQDWHPSHUDWXUHRIRYHU
 &KDVEHHQVHOHFWHG5DSLGKHDWLQJLVDYDLODEOHIRU
WKHIROORZLQJW\SHVRIKHDWLQJ
< +RWDLU([FHSWLRQ+RWDLU&
7 +RWDLUJULOO
7R HQVXUH DQ HYHQ FRRNLQJ UHVXOW GR QRW SODFH \RXU IRRG
LQWKHFRRNLQJFRPSDUWPHQWXQWLOUDSLGKHDWLQJLV
FRPSOHWH
 6HWWKHW\SHRIKHDWLQJDQGWHPSHUDWXUH
 7RXFK ]
7KH G V\PEROOLJKWVXSRQWKHGLVSOD\
 7RXFK㙇 l ㉴
7KHDSSOLDQFHEHJLQVWRKHDWXS7KH㙇 l /('
OLJKWVXS
5DSLGKHDWLQJKDVILQLVKHG
$Q DXGLEOH VLJQDO VRXQGV 7KH G V\PERO GLVDSSHDUV IURP
WKHGLVSOD\<RXUDSSOLDQFHFRQWLQXHVWRUXQZLWKWKHVHW
W\SHRIKHDWLQJDQGWHPSHUDWXUH3ODFH\RXUIRRGLQWKH
FRRNLQJFRPSDUWPHQW
&DQFHOOLQJUDSLGKHDWLQJ
7RXFK ]7KHG V\PERO GLVDSSHDUV IURP WKH GLVSOD\ <RXU
DSSOLDQFH FRQWLQXHV WR UXQ ZLWK WKH VHW W\SH RI KHDWLQJ DQG
WHPSHUDWXUH
1RWH 5DSLGKHDWLQJLVDXWRPDWLFDOO\GHDFWLYDWHGZLWKLQ
PLQXWHVPD[LPXP
$XWRPDWLFVDIHW\VZLWFKRIIIXQFWLRQ
7KHDXWRPDWLFVDIHW\VZLWFKRIIIXQFWLRQLVDFWLYDWHGLI
\RXU DSSOLDQFH LV RSHUDWLQJ IRU D ORQJ WLPH ZLWK QR FRRNLQJ
WLPHKDYLQJEHHQVHW
7KHDSSOLDQFHDXWRPDWLFDOO\VZLWFKHVRIIDIWHUQLQHKRXUV
^0LFURZDYH
0LFURZDYH
<RXFDQXVHWKHPLFURZDYHWRFRRNKHDWXSRUGHIURVW
IRRGTXLFNO\<RXFDQXVHWKHPLFURZDYHRQLWVRZQRULQ
FRPELQDWLRQZLWKRWKHUW\SHVRIKHDWLQJ
7R HQVXUH RSWLPXP XVH RI WKH PLFURZDYH SOHDVH REVHUYH
WKHQRWHVRQFRRNZDUHDQGIDPLOLDULVH\RXUVHOIZLWKWKH
GDWDLQWKHDSSOLFDWLRQWDEOHVDWWKHHQGRIWKHLQVWUXFWLRQ
PDQXDO
7RHQVXUHRSWLPXPXVHRIWKHPLFURZDYHSODFH\RXU
FRRNZDUH RQ WKH FRRNLQJ FRPSDUWPHQW IORRU 5HPRYH WKH
ZLUHUDFN2EVHUYHWKHLQVWUXFWLRQVRQWKHFRRNZDUH
&RRNZDUH
1RWDOOFRRNZDUHLVPLFURZDYDEOH6RWKDW\RXUIRRGLV
KHDWHGDQGWKHDSSOLDQFHLVQRWGDPDJHGRQO\XVH
PLFURZDYDEOHFRRNZDUH
6XLWDEOHFRRNZDUH
+HDWUHVLVWDQWFRRNZDUHPDGHRIJODVVJODVVFHUDPLF
SRUFHODLQFHUDPLFRUKHDWUHVLVWDQWSODVWLFDUHVXLWDEOH
7KHVHPDWHULDOVDOORZPLFURZDYHVWRSDVVWKURXJK
<RXFDQDOVRXVHVHUYLQJGLVKHV7KLVVDYHV\RXKDYLQJ
WR WUDQVIHU IRRG IURP RQH GLVK WR DQRWKHU <RX VKRXOG RQO\
XVHFRRNZDUHZLWKGHFRUDWLYHJROGRUVLOYHUWULPLIWKH
PDQXIDFWXUHUJXDUDQWHHVWKDWWKH\DUHVXLWDEOHIRUXVHLQ
PLFURZDYHV
8QVXLWDEOHFRRNZDUH
0HWDOFRRNZDUHLVXQVXLWDEOH0HWDOGRHVQRWDOORZ
PLFURZDYHVWRSDVVWKURXJK)RRGLQFRYHUHGPHWDO
FRQWDLQHUVZLOOUHPDLQFROG
&DXWLRQ
&UHDWLRQ RI VSDUNV 0HWDO ² HJ D VSRRQ LQ D JODVV ² PXVW
EH NHSW DW OHDVW FP IURP WKH FRRNLQJ FRPSDUWPHQW ZDOOV
DQG WKH LQVLGH RI WKH GRRU 6SDUNV FDQ LUUHSDUDEO\ GDPDJH
WKHJODVVRQWKHLQVLGHRIWKHGRRU
&RRNZDUHWHVW
1HYHUVZLWFKRQWKHPLFURZDYHXQOHVVWKHUHLVIRRG
LQVLGH7KHVKRUWFRRNZDUHWHVWLVWKHRQO\H[FHSWLRQWR
WKLVUXOH
3HUIRUPWKHIROORZLQJWHVWLI\RXDUHXQVXUHZKHWKHU\RXU
FRRNZDUHLVVXLWDEOHIRUXVHLQWKHPLFURZDYH
 +HDWWKHHPSW\FRRNZDUHDWPD[LPXPSRZHUIRUôWR
PLQXWH
 &KHFNWKHWHPSHUDWXUHRIWKHFRRNZDUHGXULQJWKLV
WLPH
7KHFRRNZDUHVKRXOGUHPDLQFROGRUZDUPWRWKHWRXFK
7KH FRRNZDUH LV XQVXLWDEOH LI LW EHFRPHV KRW RU VSDUNV DUH
JHQHUDWHG
,QWKLVFDVHVWRSWKHWHVW
::DUQLQJ² 5LVNRIEXUQV
7KH DFFHVVLEOH SDUWV EHFRPH YHU\ KRW ZKHQ LQ RSHUDWLRQ
1HYHUWRXFKKRWSDUWV.HHSFKLOGUHQDWDVDIHGLVWDQFH
en 0LFURZDYH

0LFURZDYHSRZHUVHWWLQJV
7KHPLFURZDYHSRZHUVHWWLQJVDUHOHYHOVDQGGRQRW
DOZD\V FRUUHVSRQG WR WKH H[DFW ZDWWDJH WKDW WKH DSSOLDQFH
XVHV
7KHIROORZLQJPLFURZDYHSRZHUVHWWLQJVDUHDYDLODEOH

'HIDXOWYDOXHV
7KHDSSOLDQFHSURYLGHVDGHIDXOWFRRNLQJWLPHIRUHDFK
PLFURZDYH VHWWLQJ <RX FDQ DFFHSW WKLV YDOXH RU FKDQJH LW
LQWKHDSSURSULDWHDUHD
7KH PD[LPXP VHWWLQJ LV GHVLJQHG IRU KHDWLQJ OLTXLGV RQO\
LWLVQRWGHVLJQHGIRUKHDWLQJIRRG$IWHUDFHUWDLQSHULRG
WKHPLFURZDYHVPD[LPXPSRZHULVJUDGXDOO\UHGXFHGWR
:WRSURWHFWWKHDSSOLDQFH)XOOSRZHULVPDGH
DYDLODEOHDJDLQDIWHUDFRROLQJSHULRG
7LPHVHWWLQJLQWHUYDOV
7KH LQWHUYDO IRU VHWWLQJ WKH FRRNLQJ WLPH FKDQJHV ZLWK WKH
OHQJWKRIWKHFRRNLQJWLPH
6HWWLQJWKHPLFURZDYH
([DPSOH0LFURZDYHVHWWLQJ :FRRNLQJWLPH
PLQXWHV
 8VHWKHIXQFWLRQVHOHFWRUWRVHOHFWWKHPLFURZDYH
IXQFWLRQ !
7KHDSSOLDQFHLVUHDG\WRXVH7KHPD[LPXP
PLFURZDYHSRZHURXWSXW !ZLOOEHGLVSOD\HGDVWKH
GHIDXOWYDOXHRQWKHGLVSOD\<RXFDQFKDQJHWKLVDW
DQ\WLPH
 7RXFK WKH PLFURZDYH VHWWLQJ WRXFK EXWWRQ WR VHOHFW WKH
SRZHUVHWWLQJ\RXUHTXLUH
7KH PLFURZDYH VHWWLQJ ZLOO EH KLJKOLJKWHG DQG D GHIDXOW
FRRNLQJWLPHZLOOEHVKRZQRQWKHGLVSOD\
 8VHWKHURWDU\VHOHFWRUWRVHWWKHUHTXLUHGFRRNLQJ
WLPH
1RWH <RX FDQ DOVR VHW WKH FRRNLQJ WLPH ILUVW DQG WKHQ
WKHPLFURZDYHVHWWLQJ
 7RXFKWKH㙇 l EXWWRQ
7KH WLPH UHPDLQLQJ ZLOO FRXQW GRZQ RQ WKH GLVSOD\ 7KH
l /('ZLOOEHOLW
7KHFRRNLQJWLPHKDVHODSVHG
$QDXGLEOHVLJQDOVRXQGV2SHQWKHDSSOLDQFHGRRURU
WRXFKDQ\ILHOG
&KDQJLQJWKHFRRNLQJWLPH
8VH WKH URWDU\ VHOHFWRU WR FKDQJH WKH FRRNLQJ WLPH $IWHU D
IHZVHFRQGVWKHFKDQJHLVDSSOLHG
&KDQJLQJWKHPLFURZDYHSRZHURXWSXW
7RXFK ! XQWLO WKH UHTXLUHG OHYHO LV VHOHFWHG LQ WKH GLVSOD\
0LFUR
ZDYHVHW
WLQJ
0D[LPXPFRRNLQJ
WLPH
8VH
 KRXUPLQV )RUGHIURVWLQJIRRGWKDWGHWH
ULRUDWHVHDVLO\LQWHUPVRI
TXDOLW\
 KRXUPLQV )RUGHIURVWLQJDQGFRQWLQXHG
FRRNLQJ
 KRXUPLQV )RUFRRNLQJPHDWDQGIRU
KHDWLQJ IRRG WKDW GHWHULRUDWHV
HDVLO\LQWHUPVRITXDOLW\
 KRXUPLQV )RUKHDWLQJDQGFRRNLQJIRRG

PLQXWHV )RUKHDWLQJOLTXLGV
&RRNLQJWLPH ,QWHUYDO
 PLQXWH VHFRQGV
 PLQXWHV  VHFRQGV
 PLQXWHV  VHFRQGV
 PLQXWHV KRXU PLQXWH
KRXU  KRXU  PLQXWHV PLQXWHV
0LFURZDYH HQ

1RWHV
7RXFKLQJLWVHYHUDOWLPHVVZLWFKHVWKHSRZHUOHYHOV
IURPWKHKLJKHVWWRWKHORZHVWOHYHO
,IWKHPLFURZDYHIXQFWLRQLVRQO\DGGHGDIWHUWKHVWDUW
WKHDSSOLDQFHSDXVHV3UHVV㙇 l ㉴WRVWDUWRSHUDWLRQ
3DXVLQJWKHRSHUDWLRQ
 7RXFKWKH㙇 l ILHOGRURSHQWKHDSSOLDQFHGRRU
7KHRSHUDWLRQLVVXVSHQGHGDQGWKH㙇 l /('
IODVKHV
 &ORVHWKHDSSOLDQFHGRRU
 7RXFKWKH㙇 l ILHOG
7KHRSHUDWLRQLVFRQWLQXHGDQGWKH㙇 l /('OLJKWV
XS
6WRSSLQJWKHDSSOLDQFHIURPKHDWLQJ
7XUQWKHIXQFWLRQVHOHFWRUWRWKH2IISRVLWLRQ
7KH DSSOLDQFH ZLOO VWRS KHDWLQJ DQG DOO WKH VHWWLQJV ZLOO EH
FOHDUHG
1RWH 7KH IDQ PD\ FRQWLQXH WR UXQ DIWHU WKH DSSOLDQFH KDV
EHHQSDXVHGRUVWRSSHG
6HWWLQJWKHPLFURZDYHWRFRPELQHG
RSHUDWLRQ
6HWWLQJ WKH PLFURZDYH WR FRPELQHG RSHUDWLRQ
<RXFDQFRPELQHWKHPLFURZDYHIXQFWLRQZLWKDOOW\SHV
RI KHDWLQJ DQG WKH VWHDP IXQFWLRQ 7KH DSSOLDQFH KHDWV XS
DQGWKHPLFURZDYHLVVZLWFKHGRQDWWKHVDPHWLPH$VD
UHVXOWWKHIRRGLVUHDG\LQDPXFKVKRUWHUWLPH
&RPELQDWLRQRSWLRQV
"6WHDP
<+RWDLU
(*ULOO
7+RWDLUJULOO
([FHSWLRQV
! 0LFURZDYHVHWWLQJZDWWV
< +RWDLU&
6HWWLQJFRPELQHGRSHUDWLRQ
([DPSOH+RWDLU <&ZLWKPLFURZDYHDW:
PLQXWHV
 8VHWKHIXQFWLRQVHOHFWRUWRVHWWKH+RWDLU <IXQFWLRQ
$GHIDXOWYDOXHIRUWKHWHPSHUDWXUHLVGLVSOD\HG
 7XUQ WKH URWDU\ VHOHFWRU WR VHW WKH GHVLUHG WHPSHUDWXUH
 7RXFKWKHPLFURZDYHSRZHURXWSXWILHOG !XQWLOWKH
UHTXLUHGOHYHOLVVHOHFWHGLQWKHGLVSOD\
$GHIDXOWFRRNLQJWLPHDSSHDUV
 6HWWKHFRRNLQJWLPHXVLQJWKHURWDU\VHOHFWRU
 7RXFK㙇 l ㉴
7KHRSHUDWLRQVWDUWVDQGWKH㙇 l /('OLJKWVXS
7KHFRRNLQJWLPHVWDUWVFRXQWLQJGRZQ
7KHFRRNLQJWLPHKDVHODSVHG
$ VLJQDO VRXQGV DQG WKH l V\PERO VWRSV OLJKWLQJ XS
&RPELQDWLRQPRGHKDVILQLVKHG7RXFKDQ\ILHOGWRHQG
WKHDFRXVWLFVLJQDO
&KDQJLQJWKHPLFURZDYHSRZHURXWSXW
7RXFK ! XQWLO WKH UHTXLUHG OHYHO LV VHOHFWHG LQ WKH GLVSOD\
1RWHV
7RXFKLQJLWVHYHUDOWLPHVVZLWFKHVWKHSRZHUOHYHOV
IURPWKHKLJKHVWWRWKHORZHVWOHYHO
,IWKHPLFURZDYHIXQFWLRQLVRQO\DGGHGDIWHUWKHVWDUW
WKHDSSOLDQFHSDXVHV3UHVV㙇 l ㉴WRVWDUWRSHUDWLRQ
3DXVLQJWKHRSHUDWLRQ
 7RXFKWKH㙇 l ILHOGRURSHQWKHDSSOLDQFHGRRU
7KHRSHUDWLRQLVVXVSHQGHGDQGWKH㙇 l /('
IODVKHV
 &ORVHWKHDSSOLDQFHGRRU
 7RXFKWKH㙇 l ILHOG
7KHRSHUDWLRQLVFRQWLQXHGDQGWKH㙇 l /('OLJKWV
XS
6WRSSLQJWKHDSSOLDQFHIURPKHDWLQJ
7XUQWKHIXQFWLRQVHOHFWRUWRWKH2IISRVLWLRQ
7KH DSSOLDQFH ZLOO VWRS KHDWLQJ DQG DOO WKH VHWWLQJV ZLOO EH
FOHDUHG
1RWH 7KH IDQ PD\ FRQWLQXH WR UXQ DIWHU WKH DSSOLDQFH KDV
EHHQSDXVHGRUVWRSSHG
'U\LQJWKHFRRNLQJFRPSDUWPHQW
'U\WKHFRRNLQJFRPSDUWPHQWDIWHURSHUDWLRQWRHQVXUH
WKDWQRPRLVWXUHUHPDLQV
+HDWLQJXSWKHFRRNLQJFRPSDUWPHQW
7RGU\KHDWXSWKHFRRNLQJFRPSDUWPHQWVRWKDWWKH
PRLVWXUHLQWKHFRRNLQJFRPSDUWPHQWHYDSRUDWHV7KHQ
RSHQWKHDSSOLDQFHGRRUWRDOORZWKHVWHDPWRHVFDSH
IURPWKHFRRNLQJFRPSDUWPHQW
 $OORZWKHDSSOLDQFHWRFRROGRZQ
 5HPRYHWKHZRUVWGLUWIURPWKHFRRNLQJFRPSDUWPHQW
LPPHGLDWHO\ DQG ZLSH DZD\ PRLVWXUH IURP WKH FRRNLQJ
FRPSDUWPHQWIORRU
 8VHWKHIXQFWLRQVHOHFWRUWRVHOHFW+RWDLUJULOO 7
 7RXFK 0WZLFH
7KHFRRNLQJWLPHV\PERO yLVKLJKOLJKWHGLQWKH
GLVSOD\
 8VHWKHURWDU\VHOHFWRUWRVHWDFRRNLQJWLPHRI
PLQXWHV
 3UHVV㙇 l ㉴WRVWDUWWKHRSHUDWLRQ
7KH GU\LQJ IXQFWLRQ VWDUWV DQG HQGV DXWRPDWLFDOO\ DIWHU
PLQXWHV
 2SHQWKHDSSOLDQFHGRRUDQGOHDYHLWRSHQIRUWR
PLQXWHVVRWKDWWKHPRLVWXUHLQWKHFRRNLQJ
FRPSDUWPHQWFDQHVFDSH
'U\LQJWKHFRRNLQJFRPSDUWPHQWE\KDQG
 $OORZWKHDSSOLDQFHWRFRROGRZQ
 5HPRYHDQ\IRRGUHPQDQWVIURPWKHZDOOVRIWKH
FRRNLQJFRPSDUWPHQW
 'U\WKHFRRNLQJFRPSDUWPHQWZLWKDVSRQJH
 /HDYHWKHDSSOLDQFHGRRURSHQIRUKRXUVRWKDWWKH
FRRNLQJFRPSDUWPHQWGULHVFRPSOHWHO\
en 6WHDP

`6WHDP
6WHDP
<RXFDQXVHWKHVWHDPIXQFWLRQRQLWVRZQRULQ
FRPELQDWLRQZLWKDOOW\SHVRIKHDWLQJDQGWKHPLFURZDYH
IXQFWLRQ
7R HQVXUH RSWLPXP XVH RI WKH VWHDP IXQFWLRQ UHPRYH WKH
ZLUHUDFN,QVHUWWKHJODVVWUD\DWVKHOISRVLWLRQDQG
LQVHUWWKHVWHDPFRQWDLQHULQWRWKHJODVVWUD\
::DUQLQJ² 5LVNRIVFDOGLQJ
:KHQ\RXRSHQWKHDSSOLDQFHGRRUKRWVWHDPFDQ
HVFDSH6WHDPPD\QRWEHYLVLEOHGHSHQGLQJRQLWV
WHPSHUDWXUH :KHQ RSHQLQJ GR QRW VWDQG WRR FORVH WR WKH
DSSOLDQFH2SHQWKHDSSOLDQFHGRRUFDUHIXOO\.HHS
FKLOGUHQDZD\
1RLVH
3XPS
<RXZLOOKHDUDKXPPLQJQRLVHGXULQJRSHUDWLRQ7KLV
QRLVHLVFDXVHGE\WKHSXPS,WLVDQRUPDORSHUDWLQJ
QRLVH
&RRNLQJZLWKVWHDP
6WHDPOHYHOV
'LIIHUHQWLQWHQVLW\OHYHOVDUHDYDLODEOHZKHQXVLQJWKH
VWHDPIXQFWLRQ7KHVWHDPOHYHOVFDQEHVHOHFWHGE\
WRXFKLQJ "7KHVHOHFWHGVWHDPOHYHOLVVKRZQLQWKH
GLVSOD\
6HWWLQJWKHVWHDP
1RWH ,I WKH DSSOLDQFH KDV QRW EHHQ XVHG IRU DQ H[WHQGHG
SHULRGVWDUWE\UXQQLQJDULQVHF\FOH ! ~ &OHDQLQJ
IXQFWLRQRQ SDJH 
([DPSOH6WHDPVHWWLQJ0HGLXPFRRNLQJWLPH
 PLQXWHV
 8VHWKHIXQFWLRQVHOHFWRUWRVHOHFWWKHVWHDP
IXQFWLRQ "
7KHDSSOLDQFHLVUHDG\WRXVH7KHPD[LPXPVWHDP
VHWWLQJ DQG D FRRNLQJ WLPH RI  PLQXWHV DUH VHW DV WKH
GHIDXOW YDOXHV 7KH DUURZ RI WKH ZDWHU WDQN V\PERO $
IODVKHV
 5HPRYHWKHZDWHUWDQNILOOZLWKIUHVKZDWHUXSWRWKH
PD[PDUNDQGLQVHUWIXOO\LQWKHWDQN
UHFHVV~ )LOOLQJWKHZDWHUWDQNRQ SDJH 
 7RXFKDQGKROGWKH " EXWWRQXQWLO\RXUHDFKWKH
UHTXLUHGVHWWLQJ
7KHVHOHFWHGVWHDPVHWWLQJZLOOEHVKRZQRQWKH
GLVSOD\
 8VHWKHURWDU\VHOHFWRUWRVHWWKHUHTXLUHGFRRNLQJ
WLPH
1RWH <RXFDQDOVRDGMXVWWKHFRRNLQJWLPHILUVWDQG
WKHQWKHVWHDPVHWWLQJ
/HYHO ,QWHQVLW\ 8VH 'LVSOD\LQGLFDWRU
ORZ )RUGHIURVWLQJYHJHWD
EOHVPHDWILVKDQG
IUXLW
PHGLXP )RUSUHSDULQJGHV
VHUWVILVKDQGVDX
VDJHV
KLJK )RUFRRNLQJYHJHWD
EOHV ILVK VLGH GLVKHV
IRUH[WUDFWLQJMXLFH
IURPIUXLWDQGIRU
EODQFKLQJ
/