justin
a97107de46
Image rebuild (skip scrape) / build (push) Failing after 1h37m12s
Dockerfile: self-contained image with corpus + Chroma + BM25 baked in. Drawbar's compose pulls + runs without volume mounts. Built from sources.json (labels schema), PRODUCT_NAME=crop_chem by default, HYBRID_SEARCH=true (always-on for production quality). RERANK_URL + OLLAMA_URL get set at compose time. .gitea/workflows/refresh.yml: monthly cron (1st @ 06:00 UTC) does full scrape → reindex → image push. Scrapes Bayer (~30 min) + EPA PPLS row-crop filtered (~7h). Skips reindex+push if no corpus diff. Tags pushed: :latest, :<sha12>, :corpus-<YYYY.MM.DD>. .gitea/workflows/image-only.yml: on-demand or auto on code-only pushes to main (paths: docs_mcp/, rag/, scrape/, requirements.txt, Dockerfile, sources.json). Reindexes from committed corpus, builds image, pushes. ~10 min vs ~9h full refresh. .gitignore: corpus/ now COMMITTED (4,159 labels, 265 MB of .md + sidecars). Lets image-only.yml rebuild indexes without re-scraping. chroma/ + bm25/ still gitignored (regenerable binary indexes). .dockerignore: drops venv, eval results, PLAN/README/CLAUDE.md, deploy/, .git/ — keeps the image lean. corpus + chroma + bm25 explicitly NOT in dockerignore (those go INTO the image). Co-Authored-By: Claude Opus 4.7 (1M context) <noreply@anthropic.com>
1811 lines
45 KiB
Markdown
1811 lines
45 KiB
Markdown
# TAPOUT WFP
|
||
|
||
- EPA Reg No: **5905-586**
|
||
- Registrant: HELENA AGRI-ENTERPRISES, LLC, D/B/A HELENA CHEMICAL COMP
|
||
- Signal word: Caution
|
||
- Active ingredients: Clethodim (12.6%)
|
||
- Label accepted: 2021-05-17
|
||
- Source PDF: https://www3.epa.gov/pesticides/chem_search/ppls/005905-00586-20210517.pdf
|
||
|
||
---
|
||
UNITED STATES ENVIRONMENTAL PROTECTION AGENCY
|
||
WASHINGTON, DC 20460
|
||
|
||
|
||
|
||
OFFICE OF CHEMICAL SAFETY
|
||
AND POLLUTION PREVENTION
|
||
|
||
May 17, 2021
|
||
|
||
Bill Washburn
|
||
Registration Manager
|
||
Helena Chemical Company
|
||
225 Schilling Blvd., Suite 300
|
||
Collierville, TN 38017
|
||
|
||
Subject: Registration Review Label Mitigation for Clethodim
|
||
Product Name: TAPOUT WFP
|
||
EPA Registration Number: 5905-586
|
||
Application Date: February 12, 2018
|
||
Decision Number: 575623
|
||
|
||
Dear Mr. Washburn:
|
||
|
||
The Agency, in accordance with the Federal Insecticide, Fungicide and Rodenticide Act
|
||
(FIFRA), as amended, has completed reviewing all the information submitted with your
|
||
application to support the Registration Review of the above referenced product in connection
|
||
with the Clethodim Interim Decision, and has concluded that your submission is acceptable. The
|
||
label referred to above, submitted in connection with registration under FIFRA, as amended, is
|
||
acceptable.
|
||
|
||
Should you wish to add/retain a reference to the company’s website on your label, then please be
|
||
aware that the website becomes labeling under the Federal Insecticide Fungicide and Rodenticide
|
||
Act and is subject to review by the Agency. If the website is false or misleading, the product
|
||
would be misbranded and unlawful to sell or distribute under FIFRA section 12(a)(1)(E). 40
|
||
CFR 156.10(a)(5) list examples of statements EPA may consider false or misleading. In addition,
|
||
regardless of whether a website is referenced on your product’s label, claims made on the
|
||
website may not substantially differ from those claims approved through the registration process.
|
||
Therefore, should the Agency find or if it is brought to our attention that a website contains false
|
||
or misleading statements or claims substantially differing from the EPA approved registration,
|
||
the website will be referred to the EPA’s Office of Enforcement and Compliance.
|
||
|
||
A stamped copy of your labeling is enclosed for your records. This labeling supersedes
|
||
all previously accepted labeling. You must submit one copy of the final printed labeling
|
||
before you release the product for shipment with the new labeling. In accordance with 40
|
||
CFR 152.130(c), you may distribute or sell this product under the previously approved
|
||
labeling for 12 months from the date of this letter. After 12 months, you may only
|
||
distribute or sell this product if it bears this new revised labeling or subsequently
|
||
approved labeling. “To distribute or sell” is defined under FIFRA section 2(gg) and its
|
||
implementing regulation at 40 CFR 152.3.
|
||
|
||
Page 2 of 2
|
||
EPA Reg. No. 5905-586
|
||
Decision No. 575623
|
||
|
||
|
||
If you have any questions about this letter, please contact Srijana Shrestha by phone at 703-305-
|
||
6471, or via email at shrestha.srijana@epa.gov
|
||
.
|
||
|
||
Sincerely,
|
||
|
||
|
||
|
||
Linda Arrington, Branch Chief
|
||
Risk Management and Implementation Branch 4
|
||
Pesticide Re-Evaluation Division
|
||
Office of Pesticide Programs
|
||
|
||
|
||
Enclosure: Stamped Label
|
||
|
||
)LOHQDPH 7$3287:)3 ,QWHULP5HYLHZB&/1GRF
|
||
>%UDFNHWV@LQGLFDWHDOWHUQDWHPDUNHWLQJODQJXDJH
|
||
&OHWKRGLP *URXS +HUELFLGH
|
||
|
||
7$3287:)3
|
||
>.LOOV*UDVV\ZHHGVZLWKRXWKDUPLQJEURDGOHDIZLOGOLIHIRRGSORWVZKHQXVHGDVGLUHFWHG@
|
||
>.LOOVDQQXDODQGSHUHQQLDOJUDVVHV@
|
||
>.LOOVDQQXDODQGSHUHQQLDOJUDVVHVLQRUQDPHQWDOV@
|
||
>$3DUWRIWKH)R[ZRUWK\2XWGRRUV/LQHRI2XWGRRU3URGXFWV@
|
||
>,QVHUW)R[ZRUWK\2XWGRRUVORJR@
|
||
>.LOOV&UDEJUDVV4XDFNJUDVV%DUQ\DUGJUDVV)R[WDLOV%HUPXGDJUDVV -RKQVRQJUDVV@
|
||
>5DOQIDVW,QRQHKRXU@
|
||
>.LOOV*UDVV\ZHHGVZLWKRXWKDUPLQJ>EURDGOHDIZLOGOLIHIRRGSORWV@>DQG@>RU@>RUQDPHQWDOV@ZKHQXVHGDV
|
||
GLUHFWHG
|
||
>.LOOVJUDVVHVLQZLOGOLIHIRRGSORWV@
|
||
>7KLV;;FRQWDLQHUFRYHUV;;VTIW@
|
||
>7KLV;;FRQWDLQHUFRYHUV;;DFUHV@
|
||
>7UHDWV8SWR;;VTIW@
|
||
>7UHDWV8SWR;;DFUHV@
|
||
>7$3287:)3FDQEHXVHGWRUHPRYHJUDVV\ZHHGVRQSORWVJURZQIRUZLOGOLIHIRRG@
|
||
|
||
|
||
$FWLYH,QJUHGLHQW %\:W
|
||
|
||
&OHWKRGLP««««««««««««««««««««««««««««««««««««««««««
|
||
2WKHU,QJUHGLHQWV««««««««««««««««««««««««««««««««««««««««
|
||
7RWDO««««««««««««««««««««««««««««««««««««««««««««
|
||
|
||
&RQWDLQV3HWUROHXP'LVWLOODWHV
|
||
|
||
( >>> FKORURSURSHQ\O R[\MLPLQR@SURS\O@> HWK\OWKLR SURS\O@K\GUR[\F\FORKH[HQRQH
|
||
&RQWDLQV OEV&OHWKRGLPSHUJDO
|
||
|
||
|
||
.((32872)5($&+2)&+,/'5(1
|
||
&$87,21
|
||
6HH$GGLWLRQDO3UHFDXWLRQVLQVLGH%RRNOHW
|
||
|
||
|
||
( 3 $ 5 H J 1 R 0 D Q X I D F W X U H G ) R U
|
||
( 3 $ ( V W 1 R + H O H Q D $ J U L ( Q W H U S U L V H V / / &
|
||
$ ' 6FKLOOLQJ%RXOHYDUG6XLWH
|
||
1 ( 7 & 2 1 7 ( 1 7 6 & R OOLHUYLOOH71
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
May 17, 2021
|
||
5905-586
|
||
|
||
)LOHQDPH 7$3287:)3 ,QWHULP5HYLHZB&/1GRF
|
||
|
||
|
||
35(&$87,21$5<67$7(0(176
|
||
+$=$5'672+80$16 '20(67,&$1,0$/6
|
||
&$87,21
|
||
+DUPIXOLIVZDOORZHG&DXVHVPRGHUDWHH\HLUULWDWLRQ$YRLGFRQWDFWZLWKH\HVVNLQRUFORWKLQJ:DVKWKRURXJKO\ZLWK
|
||
VRDSDQGZDWHUDIWHUKDQGOLQJDQGEHIRUHHDWLQJGULQNLQJFKHZLQJJXPRUXVLQJWREDFFR3URORQJHGRUIUHTXHQWO\
|
||
UHSHDWHGVNLQFRQWDFWPD\FDXVHDOOHUJLFUHDFWLRQVLQVRPHLQGLYLGXDOV
|
||
|
||
),567$,'
|
||
,)6:$//2:(' x &DOODSRLVRQFRQWUROFHQWHURUGRFWRULPPHGLDWHO\IRUWUHDWPHQWDGYLFH
|
||
x +DYHSHUVRQVLSDJODVVRIZDWHULIDEOHWRVZDOORZ
|
||
x'2127LQGXFHYRPLWLQJXQOHVVWROGWRGRVRE\DSRLVRQFRQWUROFHQWHURUGRFWRU
|
||
x'2127JLYHDQ\WKLQJE\PRXWKWRDQXQFRQVFLRXVSHUVRQ
|
||
,),1(<(6 x +ROGH\HRSHQDQGULQVHVORZO\DQGJHQWO\ZLWKZDWHUIRUPLQXWHV
|
||
x 5HPRYHFRQWDFWOHQVHVLISUHVHQWDIWHUWKHILUVWPLQXWHVWKHQFRQWLQXHULQVLQJH\H
|
||
x &DOODSRLVRQFRQWUROFHQWHURUGRFWRULPPHGLDWHO\IRUDGYLFH
|
||
,)216.,125
|
||
&/27+,1*
|
||
x 7DNHRIIFRQWDPLQDWHGFORWKLQJ
|
||
x 5LQVHVNLQLPPHGLDWHO\ZLWKSOHQW\RIZDWHUIRUPLQXWHV
|
||
x &DOODSRLVRQFRQWUROFHQWHURUGRFWRUIRUWUHDWPHQWDGYLFH
|
||
,),1+$/(' x 0RYHSHUVRQWRIUHVKDLU
|
||
x ,ISHUVRQLVQRWEUHDWKLQJFDOO RUDQDPEXODQFHDQGWKHQJLYHDUWLILFLDOUHVSLUDWLRQ
|
||
SUHIHUDEO\PRXWKWRPRXWKLISRVVLEOH
|
||
x &DOODSRLVRQFRQWUROFHQWHURUGRFWRUIRUIXUWKHUWUHDWPHQWDGYLFH
|
||
+27/,1(180%(5
|
||
+DYHWKHSURGXFWFRQWDLQHURUODEHOZLWK\RXZKHQFDOOLQJDSRLVRQFRQWUROFHQWHURUGRFWRURUJRLQJIRUWUHDWPHQW<RX
|
||
PD\DOVRFRQWDFW FROOHFWGD\RUQLJKWIRUHPHUJHQF\PHGLFDOWUHDWPHQWLQIRUPDWLRQ
|
||
127(723+<6,&,$1
|
||
,QJHVWLRQRIWKLVSURGXFWRUVXEVHTXHQWYRPLWLQJFDQUHVXOWLQDVSLUDWLRQRIOLJKWK\GURFDUERQOLTXLGZKLFKFDQFDXVH
|
||
SQHXPRQLWLV,ILQJHVWHGSUREDEOHPXFRVDOGDPDJHPD\FRQWUDLQGLFDWHWKHXVHRIJDVWULFODYDJH0D\SRVHDQDVSLUDWLRQ
|
||
SQHXPRQLDKD]DUG&RQWDLQVSHWUROHXPGLVWLOODWH
|
||
|
||
3(5621$/3527(&7,9((48,30(17 33(
|
||
6RPHPDWHULDOVWKDWDUHFKHPLFDOUHVLVWDQWWRWKLVSURGXFWDUHOLVWHGEHORZ
|
||
$SSOLFDWRUVDQGRWKHUKDQGOHUVPXVWZHDU
|
||
x /RQJVOHHYHGVKLUWDQGORQJSDQWV
|
||
x &KHPLFDOUHVLVWDQWJORYHVVXFKDVEDUULHUODPLQDWHEXW\OUXEEHUPLOVQLWULOHUXEEHUPLOVRU9LWRQPLOV
|
||
x 6KRHVSOXVVRFNV
|
||
x 3URWHFWLYHH\HZHDU
|
||
|
||
'LVFDUGFORWKLQJDQGRWKHUDEVRUEHQWPDWHULDOVWKDWKDYHEHHQGUHQFKHGRUKHDYLO\FRQWDPLQDWHGZLWKWKLV
|
||
SURGXFW¶VFRQFHQWUDWH'2127UHXVHWKHP)ROORZPDQXIDFWXUHU¶VLQVWUXFWLRQVIRUFOHDQLQJPDLQWDLQLQJ33(,IWKHUH
|
||
DUHQRVXFKLQVWUXFWLRQVIRUZDVKDEOHVXVHGHWHUJHQWDQGKRWZDWHU.HHSDQGZDVK33(VHSDUDWHO\IURPRWKHUODXQGU\
|
||
|
||
|
||
86(56$)(7<5(&200(1'$7,216
|
||
8VHUVVKRXOG
|
||
x :DVKKDQGVEHIRUHHDWLQJGULQNLQJDQGFKHZLQJJXPXVLQJWREDFFRRUXVLQJWKHWRLOHW
|
||
x 5HPRYHFORWKLQJLPPHGLDWHO\LISHVWLFLGHJHWVLQVLGH7KHQZDVKWKRURXJKO\DQGSXWRQFOHDQFORWKLQJ
|
||
x 5HPRYH33(LPPHGLDWHO\DIWHUKDQGOLQJWKLVSURGXFW:DVKWKHRXWVLGHRIJORYHVEHIRUHUHPRYLQJ
|
||
x $VVRRQDVSRVVLEOHZDVKWKRURXJKO\DQGFKDQJHLQWRFOHDQFORWKLQJ
|
||
|
||
(19,5210(17$/+$=$5'6
|
||
'2127DSSO\GLUHFWO\WRZDWHURUWRDUHDVZKHUHVXUIDFHZDWHULVSUHVHQWRUWRLQWHUWLGDODUHDVEHORZWKHPHDQKLJK
|
||
ZDWHUPDUN'2127DSSO\ZKHUHUXQRIILVOLNHO\WRRFFXU'2127DSSO\ZKHUHZHDWKHUFRQGLWLRQVIDYRUGULIWIURPDUHDV
|
||
WUHDWHG'2127FRQWDPLQDWHZDWHUZKHQGLVSRVLQJRIHTXLSPHQWZDVKZDWHURUULQVDWH
|
||
|
||
)LOHQDPH 7$3287:)3 ,QWHULP5HYLHZB&/1GRF
|
||
|
||
7KHXVHRIWKLVSURGXFWPD\SRVHDKD]DUGWRWKHIHGHUDOO\GHVLJQDWHGHQGDQJHUHGVSHFLHVRI6RODQR*UDVVDQG:LOG
|
||
5LFH8VHRIWKLVSURGXFWLVSURKLELWHGLQWKHIROORZLQJDUHDVZKHUHWKHVSHFLHVDUHNQRZQWRH[LVW
|
||
|
||
6RODQR*UDVV 6RODQR&RXQW\&DOLIRUQLD WKHYHUQDOODNHVDUHDERXQGHGE\WKH8QLRQ3DFLILF5DLOURDGDQG+DVWLQJV5RDG
|
||
WRWKHQRUWK+LJKZD\WRWKHHDVW+LJKZD\WRWKHVRXWKDQG7UDYLV$LU)RUFH%DVHWRWKHZHVW
|
||
|
||
:LOG5LFH +D\V&RXQW\7H[DV
|
||
|
||
1RQ7DUJHW2UJDQLVP$GYLVRU\6WDWHPHQW
|
||
7KLVSURGXFWLVWR[LFWRSODQWVDQGPD\DGYHUVHO\LPSDFWWKHIRUDJHDQGKDELWDWRIQRQWDUJHWRUJDQLVPVLQFOXGLQJ
|
||
SROOLQDWRUVLQDUHDVDGMDFHQWWRWKHWUHDWHGDUHD3URWHFWWKHIRUDJHDQGKDELWDWRIQRQWDUJHWRUJDQLVPVE\IROORZLQJODEHO
|
||
GLUHFWLRQVLQWHQGHGWRPLQLPL]HVSUD\GULIW
|
||
|
||
3+<6,&$/25&+(0,&$/+$=$5'6
|
||
'2127XVHRUVWRUHQHDUKHDWRURSHQIODPH
|
||
|
||
',5(&7,216)2586(
|
||
,WLVDYLRODWLRQRI)HGHUDOODZWRXVHWKLVSURGXFWLQDPDQQHULQFRQVLVWHQWZLWKLWVODEHOLQJ
|
||
|
||
5($'(17,5(/$%(/$1'3$03+/(786(675,&7/<,1$&&25'$1&(:,7+35(&$87,21$5<
|
||
67$7(0(176$1'',5(&7,216$1':,7+$33/,&$%/(67$7($1')('(5$/5(*8/$7,216
|
||
|
||
|
||
121$*5,&8/785$/86(5(48,5(0(176
|
||
7KHUHTXLUHPHQWVLQWKLVER[DSSO\WRXVHVRIWKLVSURGXFWWKDWDUH127ZLWKLQWKHVFRSHRIWKH:RUNHU3URWHFWLRQ
|
||
6WDQGDUGIRUDJULFXOWXUDOSHVWLFLGHV &)53DUW 7KH:36DSSOLHVZKHQWKLVSURGXFWLVXVHGWRSURGXFHDJULFXOWXUDO
|
||
SODQWVRQIDUPVIRUHVWVQXUVHULHVRUJUHHQKRXVHV.HHSDOOXQSURWHFWHGSHUVRQVRXWRIRSHUDWLQJDUHDVRUYLFLQLW\ZKHUH
|
||
WKHUHPD\EHGULIW'2127HQWHUWUHDWHGDUHDVZLWKRXWSURWHFWLYHFORWKLQJXQWLOVSUD\VKDYHGULHG
|
||
|
||
6725$*($1'',6326$/
|
||
'2127FRQWDPLQDWHZDWHUIRRGRUIHHGE\VWRUDJHRUGLVSRVDO
|
||
3HVWLFLGH6WRUDJH 6WRUHLQRULJLQDOFRQWDLQHULQDFRROGU\SODFHRXWRIUHDFKRIFKLOGUHQSUHIHUDEO\DORFNHGVWRUDJH
|
||
FDELQHW
|
||
3HVWLFLGH'LVSRVDODQG&RQWDLQHU+DQGOLQJ 1RQUHILOODEOHFRQWDLQHU'2127UHXVHRUUHILOOWKLVFRQWDLQHU,IHPSW\
|
||
3ODFHLQWUDVKRURIIHUIRUUHF\FOLQJLIDYDLODEOH,I3DUWO\)LOOHG &DOO\RXUORFDOVROLGZDVWHDJHQF\IRUGLVSRVDO
|
||
LQVWUXFWLRQV1HYHUSODFHXQXVHGSURGXFWGRZQDQ\LQGRRURURXWGRRUGUDLQ
|
||
|
||
0$1'$725<635$<'5,)70$1$*(0(17
|
||
|
||
$HULDO$SSOLFDWLRQV
|
||
x '2127UHOHDVHVSUD\DWDKHLJKWJUHDWHUWKDQIHHWDERYHWKHYHJHWDWLYHFDQRS\XQOHVVDJUHDWHUDSSOLFDWLRQ
|
||
KHLJKWLVQHFHVVDU\IRUSLORWVDIHW\
|
||
x $SSOLFDWRUVDUHUHTXLUHGWRXVHDFRDUVHRUFRDUVHUGURSOHWVL]H $6$%(6
|
||
x 7KHERRPOHQJWKPXVWQRWH[FHHGRIWKHZLQJVSDQIRUDLUSODQHVRURIWKHURWRUEODGHGLDPHWHUIRU
|
||
KHOLFRSWHUV
|
||
x $SSOLFDWRUVPXVWXVHòVZDWKGLVSODFHPHQWXSZLQGDWWKHGRZQZLQGHGJHRIWKHILHOG
|
||
x 1R]]OHVPXVWEHRULHQWHGVRWKHVSUD\LVGLUHFWHGWRZDUGWKHEDFNRIWKHDLUFUDIW
|
||
x '2127DSSO\ZKHQZLQGVSHHGVH[FHHGPLOHVSHUKRXUDWWKHDSSOLFDWLRQVLWH
|
||
x '2127DSSO\GXULQJWHPSHUDWXUHLQYHUVLRQV
|
||
|
||
*URXQG%RRP$SSOLFDWLRQV
|
||
x $SSO\ZLWKWKHQR]]OHKHLJKWUHFRPPHQGHGE\WKHPDQXIDFWXUHUEXWQRPRUHWKDQIHHWDERYHWKHJURXQGRU
|
||
FURSFDQRS\)RUDOORWKHUJURXQGDSSOLFDWLRQVWKHQR]]OHPXVWEHQRPRUHWKDQIHHWIURPWKHWDUJHWYHJHWDWLRQ
|
||
x $SSOLFDWRUVDUHUHTXLUHGWRXVHDPHGLXPRUFRDUVHUGURSOHWVL]H $6$%(6
|
||
x '2127DSSO\ZKHQZLQGVSHHGVH[FHHGPLOHVSHUKRXUDWWKHDSSOLFDWLRQVLWH
|
||
x '2127DSSO\GXULQJWHPSHUDWXUHLQYHUVLRQV
|
||
|
||
|
||
|
||
)LOHQDPH 7$3287:)3 ,QWHULP5HYLHZB&/1GRF
|
||
635$<'5,)7$'9,625,(6
|
||
|
||
7+($33/,&$725,65(63216,%/()25$92,',1*2))6,7(635$<'5,)7
|
||
%($:$5(2)1($5%<1217$5*(76,7(6$1'(19,5210(17$/&21',7,216
|
||
|
||
,03257$1&(2)'523/(76,=(
|
||
$QHIIHFWLYHZD\WRUHGXFHVSUD\GULIWLVWRDSSO\ODUJHGURSOHWV8VHWKHODUJHVWGURSOHWVWKDWSURYLGHWDUJHWSHVWFRQWURO
|
||
:KLOHDSSO\LQJODUJHUGURSOHWVZLOOUHGXFHVSUD\GULIWWKHSRWHQWLDOIRUGULIWZLOOEHJUHDWHULIDSSOLFDWLRQVDUHPDGH
|
||
LPSURSHUO\RUXQGHUXQIDYRUDEOHHQYLURQPHQWDOFRQGLWLRQV
|
||
|
||
&RQWUROOLQJ'URSOHW6L]H*URXQG%RRP
|
||
x 9ROXPH,QFUHDVLQJWKHVSUD\YROXPHVRWKDWODUJHUGURSOHWVDUHSURGXFHGZLOOUHGXFHVSUD\GULIW8VHWKHKLJKHVW
|
||
SUDFWLFDOVSUD\YROXPHIRUWKHDSSOLFDWLRQ,IDJUHDWHUVSUD\YROXPHLVQHHGHGFRQVLGHUXVLQJDQR]]OHZLWKD
|
||
KLJKHUIORZUDWH
|
||
x 3UHVVXUH8VHWKHORZHVWVSUD\SUHVVXUHUHFRPPHQGHGIRUWKHQR]]OHWRSURGXFHWKHWDUJHWVSUD\YROXPHDQG
|
||
GURSOHWVL]H
|
||
x 6SUD\1R]]OH8VHDVSUD\QR]]OHWKDWLVGHVLJQHGIRUWKHLQWHQGHGDSSOLFDWLRQ&RQVLGHUXVLQJQR]]OHVGHVLJQHG
|
||
WRUHGXFHGULIW
|
||
|
||
&RQWUROOLQJ'URSOHW6L]H$LUFUDIW
|
||
x $GMXVW1R]]OHV)ROORZQR]]OHPDQXIDFWXUHU¶VUHFRPPHQGDWLRQVIRUVHWWLQJXSQR]]OHV*HQHUDOO\WRUHGXFHILQH
|
||
GURSOHWVQR]]OHVVKRXOGEHRULHQWHGSDUDOOHOZLWKWKHDLUIORZLQIOLJKW
|
||
|
||
%220+(,*+7*URXQG%RRP
|
||
)RUJURXQGHTXLSPHQWWKHERRPVKRXOGUHPDLQOHYHOZLWKWKHFURSDQGKDYHPLQLPDOERXQFH
|
||
|
||
5(/($6(+(,*+7$LUFUDIW
|
||
+LJKHUUHOHDVHKHLJKWVLQFUHDVHWKHSRWHQWLDOIRUVSUD\GULIW
|
||
|
||
6+,(/'('635$<(56
|
||
6KLHOGLQJWKHERRPRULQGLYLGXDOQR]]OHVFDQUHGXFHVSUD\GULIW&RQVLGHUXVLQJVKLHOGHGVSUD\HUV9HULI\WKDWWKHVKLHOGV
|
||
DUHQRWLQWHUIHULQJZLWKWKHXQLIRUPGHSRVLWLRQRIWKHVSUD\RQWKHWDUJHWDUHD
|
||
|
||
7(03(5$785($1'+80,',7<
|
||
:KHQPDNLQJDSSOLFDWLRQVLQKRWDQGGU\FRQGLWLRQVXVHODUJHUGURSOHWVWRUHGXFHHIIHFWVRIHYDSRUDWLRQ
|
||
|
||
7(03(5$785(,19(56,216
|
||
'ULIWSRWHQWLDOLVKLJKGXULQJDWHPSHUDWXUHLQYHUVLRQ7HPSHUDWXUHLQYHUVLRQVDUHFKDUDFWHUL]HGE\LQFUHDVLQJWHPSHUDWXUH
|
||
ZLWKDOWLWXGHDQGDUHFRPPRQRQQLJKWVZLWKOLPLWHGFORXGFRYHUDQGOLJKWWRQRZLQG7KHSUHVHQFHRIDQLQYHUVLRQFDQEH
|
||
LQGLFDWHGE\JURXQGIRJRUE\WKHPRYHPHQWRIVPRNHIURPDJURXQGVRXUFHRUDQDLUFUDIWVPRNHJHQHUDWRU6PRNHWKDW
|
||
OD\HUVDQGPRYHVODWHUDOO\LQDFRQFHQWUDWHGFORXG XQGHUORZZLQGFRQGLWLRQV LQGLFDWHVDQLQYHUVLRQZKLOHVPRNHWKDW
|
||
PRYHVXSZDUGDQGUDSLGO\GLVVLSDWHVLQGLFDWHVJRRGYHUWLFDODLUPL[LQJ$YRLGDSSOLFDWLRQVGXULQJWHPSHUDWXUHLQYHUVLRQV
|
||
|
||
:,1'
|
||
'ULIWSRWHQWLDOJHQHUDOO\LQFUHDVHVZLWKZLQGVSHHG$92,'$33/,&$7,216'85,1**867<:,1'&21',7,216
|
||
|
||
$SSOLFDWRUVQHHGWREHIDPLOLDUZLWKORFDOZLQGSDWWHUQVDQGWHUUDLQWKDWFRXOGDIIHFWVSUD\GULIW
|
||
|
||
|
||
:(('5(6,67$1&(0$1$*(0(17
|
||
|
||
)RUUHVLVWDQFHPDQDJHPHQW7$3287LVD*URXSKHUELFLGH$Q\ZHHGSRSXODWLRQPD\FRQWDLQRUGHYHORSSODQWV
|
||
QDWXUDOO\UHVLVWDQWWR7$3287DQGRWKHU*URXSKHUELFLGHV7KHUHVLVWDQWELRW\SHVPD\GRPLQDWHWKHZHHGSRSXODWLRQLI
|
||
WKHVHKHUELFLGHVDUHXVHGUHSHDWHGO\LQWKHVDPHILHOG$SSURSULDWHUHVLVWDQFHPDQDJHPHQWVWUDWHJLHVVKRXOGEH
|
||
IROORZHG
|
||
|
||
7RGHOD\KHUELFLGHUHVLVWDQFHWDNHRQHRUPRUHRIWKHIROORZLQJVWHSV
|
||
|
||
5RWDWHWKHXVHRI7$3287RURWKHU*URXSKHUELFLGHVZLWKLQDJURZLQJVHDVRQVHTXHQFHRUDPRQJJURZLQJVHDVRQV
|
||
ZLWKGLIIHUHQWKHUELFLGHJURXSVWKDWFRQWUROWKHVDPHZHHGVLQDILHOG
|
||
|
||
)LOHQDPH 7$3287:)3 ,QWHULP5HYLHZB&/1GRF
|
||
|
||
8VHWDQNPL[WXUHVZLWKKHUELFLGHVIURPDGLIIHUHQWJURXSLIVXFKXVHLVSHUPLWWHG ZKHUHLQIRUPDWLRQRQUHVLVWDQFHLQ
|
||
WDUJHWZHHGVSHFLHVLVDYDLODEOHXVHWKHOHVVUHVLVWDQFHSURQHSDUWQHUDWDUDWHWKDWZLOOFRQWUROWKHWDUJHWZHHG V HTXDOO\
|
||
DVZHOODVWKHPRUHUHVLVWDQFHSURQHSDUWQHU&RQVXOW\RXUORFDOH[WHQVLRQVHUYLFHRUFHUWLILHGFURSDGYLVRULI\RXDUH
|
||
XQVXUHDVWRZKLFKDFWLYHLQJUHGLHQWLVFXUUHQWO\OHVVSURQHWRUHVLVWDQFH
|
||
|
||
$GRSWDQLQWHJUDWHGZHHGPDQDJHPHQWSURJUDPIRUKHUELFLGHXVHWKDWLQFOXGHVVFRXWLQJDQGXVHVKLVWRULFDOLQIRUPDWLRQ
|
||
UHODWHGWRKHUELFLGHXVHDQGFURSURWDWLRQDQGWKDWFRQVLGHUVWLOODJH RURWKHUPHFKDQLFDOFRQWUROPHWKRGV FXOWXUDO HJ
|
||
KLJKHUFURSVHHGLQJUDWHV SUHFLVLRQIHUWLOL]HUDSSOLFDWLRQPHWKRGDQGWLPLQJWRIDYRUWKHFURSDQGQRWWKHZHHGV
|
||
ELRORJLFDO ZHHGFRPSHWLWLYHFURSVRUYDULHWLHV DQGRWKHUPDQDJHPHQWSUDFWLFHV
|
||
|
||
6FRXWDIWHUKHUELFLGHDSSOLFDWLRQWRPRQLWRUZHHGSRSXODWLRQVIRUHDUO\VLJQVRIUHVLVWDQFHGHYHORSPHQW,QGLFDWRUVRI
|
||
SRVVLEOHKHUELFLGHUHVLVWDQFHLQFOXGH IDLOXUHWRFRQWURODZHHGVSHFLHVQRUPDOO\FRQWUROOHGE\WKHKHUELFLGHDWWKHGRVH
|
||
DSSOLHGHVSHFLDOO\LIFRQWUROLVDFKLHYHGRQDGMDFHQWZHHGV
|
||
DVSUHDGLQJSDWFKRIQRQFRQWUROOHGSODQWVRIDSDUWLFXODUZHHGVSHFLHV VXUYLYLQJSODQWVPL[HGZLWKFRQWUROOHG
|
||
LQGLYLGXDOVRIWKHVDPHVSHFLHV,IUHVLVWDQFHLVVXVSHFWHGSUHYHQWZHHGVHHGSURGXFWLRQLQWKHDIIHFWHGDUHDE\DQ
|
||
DOWHUQDWLYHKHUELFLGHIURPDGLIIHUHQWJURXSRUE\DPHFKDQLFDOPHWKRGVXFKDVKRHLQJRUWLOODJH3UHYHQWPRYHPHQWRI
|
||
UHVLVWDQWZHHGVHHGVWRRWKHUILHOGVE\FOHDQLQJKDUYHVWLQJDQGWLOODJHHTXLSPHQWZKHQPRYLQJEHWZHHQILHOGVDQG
|
||
SODQWLQJFOHDQVHHG
|
||
|
||
,IDZHHGSHVWSRSXODWLRQFRQWLQXHVWRSURJUHVVDIWHUWUHDWPHQWZLWKWKLVSURGXFWGLVFRQWLQXHXVHRIWKLVSURGXFWDQG
|
||
VZLWFKWRDQRWKHUPDQDJHPHQWVWUDWHJ\RUKHUELFLGHZLWKDGLIIHUHQWPRGHRIDFWLRQLIDYDLODEOH
|
||
|
||
&RQWDFW\RXUORFDOH[WHQVLRQVSHFLDOLVWRUFHUWLILHGFURSDGYLVRUVIRUDGGLWLRQDOSHVWLFLGHUHVLVWDQFHPDQDJHPHQWDQGRU
|
||
LQWHJUDWHGZHHGPDQDJHPHQWUHFRPPHQGDWLRQVIRUVSHFLILFFURSVDQGZHHGELRW\SHV)RUIXUWKHULQIRUPDWLRQRUWRUHSRUW
|
||
VXVSHFWHGUHVLVWDQFHFRQWDFW+HOHQD$JUL(QWHUSULVHV//&DW RUDWZZZKHOHQDDJULFRP
|
||
|
||
)LHOGVVKRXOGEHVFRXWHGSULRUWRDSSOLFDWLRQWRLGHQWLI\WKHZHHGVSHFLHVSUHVHQWDQGWKHLUJURZWKVWDJHWRGHWHUPLQHLI
|
||
WKHLQWHQGHGDSSOLFDWLRQZLOOEHHIIHFWLYH
|
||
|
||
)LHOGVVKRXOGEHVFRXWHGDIWHUDSSOLFDWLRQWRYHULI\WKDWWKHWUHDWPHQWZDVHIIHFWLYH
|
||
|
||
6XVSHFWHGKHUELFLGHUHVLVWDQWZHHGVPD\EHLGHQWLILHGE\WKHVHLQGLFDWRUV
|
||
x )DLOXUHWRFRQWURODZHHGVSHFLHVQRUPDOO\FRQWUROOHGE\WKHKHUELFLGHDWWKHGRVHDSSOLHGHVSHFLDOO\LIFRQWUROLV
|
||
DFKLHYHGRQDGMDFHQWZHHGV
|
||
x $VSUHDGLQJSDWFKRIQRQFRQWUROOHGSODQWVRIDSDUWLFXODUZHHGVSHFLHV DQG
|
||
x 6XUYLYLQJSODQWVPL[HGZLWKFRQWUROOHGLQGLYLGXDOVRIWKHVDPHVSHFLHV
|
||
|
||
5HSRUWDQ\LQFLGHQFHRIQRQSHUIRUPDQFHRIWKLVSURGXFWDJDLQVWDSDUWLFXODUZHHGVSHFLHVWR\RXU+HOHQD$JUL
|
||
(QWHUSULVHV//&UHWDLOHUUHSUHVHQWDWLYHRUFDOO ,IUHVLVWDQFHLVVXVSHFWHGWUHDWZHHGHVFDSHVZLWKDQ
|
||
KHUELFLGHKDYLQJDGLIIHUHQWPHFKDQLVPRIDFWLRQDQGRUXVHQRQFKHPLFDOPHDQVWRUHPRYHHVFDSHVDVSUDFWLFDOZLWK
|
||
WKHJRDORISUHYHQWLQJIXUWKHUVHHGSURGXFWLRQ
|
||
|
||
3ODQWLQWRZHHGIUHHILHOGVDQGNHHSILHOGVDVZHHGIUHHDVSRVVLEOH
|
||
|
||
7RWKHH[WHQWSRVVLEOHXVHDGLYHUVLILHGDSSURDFKWRZDUGZHHGPDQDJHPHQW:KHQHYHUSRVVLEOHLQFRUSRUDWHPXOWLSOH
|
||
ZHHGFRQWUROSUDFWLFHVVXFKDVPHFKDQLFDOFXOWLYDWLRQELRORJLFDOPDQDJHPHQWSUDFWLFHVDQGFURSURWDWLRQ
|
||
|
||
)LHOGVZLWKGLIILFXOWWRFRQWUROZHHGVVKRXOGEHURWDWHGWRFURSVWKDWDOORZWKHXVHRIKHUELFLGHVZLWKDOWHUQDWLYH
|
||
PHFKDQLVPVRIDFWLRQRUGLIIHUHQWPDQDJHPHQWSUDFWLFHV
|
||
|
||
7RWKHH[WHQWSRVVLEOH'2127DOORZZHHGHVFDSHVWRSURGXFHVHHGVURRWVRUWXEHUV0DQDJHZHHGVHHGVDWKDUYHVW
|
||
DQGSRVWKDUYHVWWRSUHYHQWDEXLOGXSRIWKHZHHGVHHGEDQN
|
||
|
||
3UHYHQWILHOGWRILHOGDQGZLWKLQILHOGPRYHPHQWRIZHHGVHHGRUYHJHWDWLYHSURSDJXOHV7KRURXJKO\FOHDQSODQWUHVLGXHV
|
||
IURPHTXLSPHQWEHIRUHOHDYLQJILHOGV
|
||
|
||
3UHYHQWDQLQIOX[RIZHHGVLQWRWKHILHOGE\PDQDJLQJILHOGERUGHUV
|
||
|
||
,GHQWLI\ZHHGVSUHVHQWLQWKHILHOGWKURXJKVFRXWLQJDQGILHOGKLVWRU\DQGXQGHUVWDQGWKHLUELRORJ\7KHZHHGFRQWURO
|
||
SURJUDPVKRXOGFRQVLGHUDOORIWKHZHHGVSUHVHQW
|
||
|
||
)LOHQDPH 7$3287:)3 ,QWHULP5HYLHZB&/1GRF
|
||
|
||
'LIILFXOWWRFRQWUROZHHGVPD\UHTXLUHVHTXHQWLDODSSOLFDWLRQVRIKHUELFLGHVZLWKGLIIHULQJPHFKDQLVPVRIDFWLRQ
|
||
|
||
$SSO\WKLVKHUELFLGHDWWKHFRUUHFWWLPLQJDQGUDWHQHHGHGWRFRQWUROWKHPRVWGLIILFXOWZHHGLQWKHILHOG
|
||
|
||
8VHDEURDGVSHFWUXPVRLODSSOLHGKHUELFLGHZLWKDPHFKDQLVPRIDFWLRQWKDWGLIIHUVIURPWKLVSURGXFWDVDIRXQGDWLRQLQ
|
||
DZHHGFRQWUROSURJUDP'2127XVHPRUHWKDQWZRDSSOLFDWLRQVRIWKLVRUDQ\RWKHUKHUELFLGHZLWKWKHVDPHPHFKDQLVP
|
||
RIDFWLRQZLWKLQDVLQJOHJURZLQJVHDVRQXQOHVVPL[HGZLWKDQKHUELFLGHZLWKDQRWKHUPHFKDQLVPRIDFWLRQZLWKDQ
|
||
RYHUODSSLQJVSHFWUXPIRUWKHGLIILFXOWWRFRQWUROZHHGV
|
||
|
||
,IUHVLVWDQFHLVVXVSHFWHGWUHDWZHHGHVFDSHVZLWKDQKHUELFLGHZLWKDGLIIHUHQW02$RUXVHQRQFKHPLFDOPHWKRGVWR
|
||
UHPRYHHVFDSHV
|
||
|
||
&RQWDFW\RXUORFDOVDOHVUHSUHVHQWDWLYHFURSDGYLVRURUH[WHQVLRQDJHQWWRILQGRXWLIVXVSHFWHGUHVLVWDQWZHHGVWRWKLV
|
||
02$KDYHEHHQIRXQGLQ\RXUUHJLRQ,IUHVLVWDQWELRW\SHVRIWDUJHWZHHGVKDYHEHHQUHSRUWHGXVHWKHDSSOLFDWLRQUDWHV
|
||
RIWKLVSURGXFWVSHFLILHGIRU\RXUORFDOFRQGLWLRQV7DQNPL[SURGXFWVVRWKDWWKHUHDUHPXOWLSOHHIIHFWLYHPHFKDQLVPVRI
|
||
DFWLRQVIRUHDFKWDUJHWZHHG
|
||
|
||
)RUDGGLWLRQDOLQIRUPDWLRQRQWKHPDQDJHPHQWRIKHUELFLGHUHVLVWDQFHFRQVXOWWKH+HUELFLGH5HVLVWDQFH$FWLRQ
|
||
&RPPLWWHH +5$& ³*XLGHOLQHWRWKH0DQDJHPHQWRI+HUELFLGH5HVLVWDQFH´IRXQGDWWKH+5$&ZHEVLWH
|
||
KWWS KUDFJOREDOFRPILOHV0DQDJHPHQWRI+HUELFLGH5HVLVWDQFHSGI
|
||
|
||
352'8&7,1)250$7,21
|
||
|
||
)RUXVHRQZLOGOLIHIRRGSORWVWRFRQWUROJUDVV\ZHHGV
|
||
|
||
7$3287:)3LVDVHOHFWLYHSRVWHPHUJHQFHKHUELFLGHIRUFRQWURORIDQQXDODQGSHUHQQLDOJUDVVHV7$3287:)3GRHV
|
||
QRWFRQWUROVHGJHVRUEURDGOHDIZHHGV
|
||
|
||
$SSO\ZKHQJUDVV\ZHHGVDUHDFWLYHO\JURZLQJ:HDWKHUFRQGLWLRQVVXFKDVVXQQ\VNLHVDQGZDUPZHDWKHUSURPRWHWKH
|
||
JURZWKRIJUDVV\ZHHGVDQGPDNHWKHPPRUHVXVFHSWLEOHWRKHUELFLGHFRQWURO7UHDWHGJUDVVZHHGVVKRZDUHGXFWLRQLQ
|
||
YLJRUDQGJURZWK(DUO\FKORURVLVQHFURVLVRI\RXQJHUSODQWWLVVXHLVIROORZHGE\DSURJUHVVLYHFROODSVHRIWKHUHPDLQLQJ
|
||
IROLDJH6\PSWRPVZLOOJHQHUDOO\EHREVHUYHGLQWRGD\VDIWHUDSSOLFDWLRQGHSHQGLQJRQJUDVVVSHFLHVWUHDWHGDQG
|
||
HQYLURQPHQWDOFRQGLWLRQV
|
||
|
||
0,;,1*,16758&7,216
|
||
x $GGKDOIRIWKHQHHGHGZDWHUWRWKHVSUD\HUVSUD\WDQN
|
||
x $GG7$3287:)3
|
||
x )LOOWDQNWRGHVLUHGOHYHO
|
||
|
||
%52$'&$67$33/,&$7,216
|
||
|
||
+RZWR$SSO\
|
||
x 8VHRIVXIILFLHQWVSUD\YROXPHVDQGSUHVVXUHLVHVVHQWLDOWRHQVXUHFRPSOHWHFRYHUDJH
|
||
x 8VHDPLQLPXPRIJDOORQVRUDPD[LPXPRIJDOORQVRIVSUD\VROXWLRQSHUDFUH
|
||
x 8QGHUWKHIROORZLQJFRQGLWLRQVDPLQLPXPRIJDOVSHUDFUHLVUHTXLUHG SHUHQQLDOJUDVVHVYROXQWHHUFRUQ
|
||
GURXJKWRUVWUHVVFRQGLWLRQVKHDY\JUDVVSUHVVXUHRUZKHQJUDVVHVDUHDWRUQHDUPD[LPXPKHLJKW)DLOXUHWR
|
||
XVHJDOORQVSHUDFUHXQGHUWKHVHFRQGLWLRQVFDQUHVXOWLQSRRUFRYHUDJHDQGUHGXFHGJUDVVFRQWUROUHTXLULQJ
|
||
UHSHDWDSSOLFDWLRQV
|
||
x 6SUD\SUHVVXUHVKRXOGUHIOHFWDPLQLPXPRISVLDQGDPD[LPXPRISVLDWWKHQR]]OH
|
||
x '2127XVHIORRGQR]]OHV
|
||
x $SSO\DVFORVHWRWDUJHWSODQWVDVSUDFWLFDOZKLOHPDLQWDLQLQJDJRRGVSUD\SDWWHUQIRUDGHTXDWHFRYHUDJH
|
||
x 5HSHDWDSSOLFDWLRQPD\EHDSSOLHGDIWHUGD\V
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
)LOHQDPH 7$3287:)3 ,QWHULP5HYLHZB&/1GRF
|
||
8VH5DWHV
|
||
x )RUDQQXDOJUDVVHVWRLQFKHVWDOODSSO\ IOR] OEDL SHUDFUH
|
||
x )RUDQQXDOJUDVVHVWRLQFKHVWDOODSSO\IOR] OEDL SHUDFUH
|
||
x )RUSHUHQQLDOJUDVVHVWRLQFKHVDSSO\IOR] OEDL SHUDFUH
|
||
x )RUSHUHQQLDOJUDVVHVLQFKHVRUWDOOHUDSSO\XSWRIOR] OEDL SHUDFUH
|
||
x &RQVXOWWKH³'LUHFWLRQVIRU$QQXDO*UDVVHV´DQG³'LUHFWLRQVIRU3HUHQQLDO*UDVVHV´WDEOHVIRUUDWHVIRUVSHFLILF
|
||
JUDVVHV
|
||
x $VHFRQGDSSOLFDWLRQPD\EHQHHGHGIRUVRPHJUDVVHVDQGIRUWDOOHUJUDVVHV
|
||
|
||
+$1'635$<(56327$33/,&$7,21
|
||
x $SSO\ZLWKDKDQGWULJJHUVSUD\HURUSXPSXSKDQGVSUD\HU
|
||
x $GMXVWVSUD\HUWRGHOLYHUDILQHVSUD\VSUD\SODQWVXQWLOOLJKWO\ZHWEXWQRWGULSSLQJ
|
||
x 8VHIOR] OEDL 7$3287:)3SHUJDOORQRIZDWHU
|
||
x 6SUD\GLUHFWO\RQJUDVV\ZHHGVWLOOOLJKWO\ZHW
|
||
x 2QHJDOORQRIVSUD\PL[FRYHUVVTXDUHIHHW
|
||
|
||
)RUKDUGWRFRQWUROZHHGVPDNHDVHFRQGDSSOLFDWLRQWRZHHNVDIWHUWKHILUVWDSSOLFDWLRQ
|
||
|
||
7$1.0,;(6
|
||
,WLVWKHSHVWLFLGHXVHU¶VUHVSRQVLELOLW\WRHQVXUHWKDWDOOSURGXFWVDUHUHJLVWHUHGIRUWKHLQWHQGHGXVH5HDGDQGIROORZWKH
|
||
DSSOLFDEOHUHVWULFWLRQVDQGOLPLWDWLRQVDQGGLUHFWLRQVIRUXVHRQDOOSURGXFWODEHOVLQYROYHGLQWDQNPL[LQJ8VHUVPXVW
|
||
IROORZWKHPRVWUHVWULFWLYHXVHGLUHFWLRQVIRUXVHDQGSUHFDXWLRQDU\VWDWHPHQWVRIHDFKSURGXFWLQWKHWDQNPL[WXUH
|
||
|
||
',5(&7,216)25$118$/*5$66(6
|
||
x $SSO\RQO\WRDFWLYHO\JURZLQJJUDVVHVDWVSHFLILHGZHHGKHLJKWV
|
||
x $SSO\ZKHQWKHILUVWJUDVVZHHGVSHFLHVLQDPL[HGJUDVVZHHGSRSXODWLRQUHDFKHVWKHVSHFLILHGJURZWKVWDJHIRU
|
||
WUHDWPHQW
|
||
x 8VHWKHKLJKUDWHXQGHUKHDY\JUDVVSUHVVXUHDQGRUZKHQJUDVVHVDUHDWPD[LPXPKHLJKW
|
||
|
||
*5$6663(&,(6 6&,(17,),&1$0(
|
||
:(('
|
||
+(,*+7
|
||
|
||
LQFKHV
|
||
$33/,&$7,215$7(6
|
||
0,1,080
|
||
5$7(
|
||
)O2]$
|
||
0$;,080
|
||
5$7(
|
||
|
||
|
||
|
||
)O2]$
|
||
%DUQ\DUGJUDVV
|
||
%URDGOHDI6LJQDOJUDVV
|
||
%URPH
|
||
&DOLIRUQLD
|
||
&KHDW
|
||
'RZQ\
|
||
5LSJXW
|
||
&DQDU\JUDVV
|
||
&UDEJUDVV
|
||
+DLU\
|
||
/DUJH
|
||
6PRRWK
|
||
6RXWKHUQ
|
||
&URZIRRWJUDVV
|
||
)DOO3DQLFXP
|
||
)LHOG6DQGEXU
|
||
)R[WDLO
|
||
*LDQW
|
||
*UHHQ
|
||
<HOORZ
|
||
*RRVHJUDVV
|
||
,WFKJUDVV
|
||
-XQJOHULFH
|
||
/RYHJUDVV 6WLQNJUDVV
|
||
5DEELWVIRRWJUDVV
|
||
5HG5LFH
|
||
5\HJUDVV
|
||
(FKLQRFKORDFUXVJDOOL
|
||
%UDFKLDULDSODW\SK\OOD
|
||
|
||
%URPXVFDULQDWXV
|
||
%URPXVVHFDOLQXV
|
||
%URPXVWHFWRUXP
|
||
%URPXVGLDQGUXV
|
||
3KDODULVFDQDULHQVLV
|
||
|
||
'LJLWDULDDGVFHQGHQV
|
||
'LJLWDULDVDQJXLQDOLV
|
||
'LJLWDULDLVFKDHPXP
|
||
'LJLWDULDFLOLDULV
|
||
'DFW\ORFWHQLXPDHJ\SWLXP
|
||
3DQLFXPGLFKRWRPLIORU
|
||
&HQFKUXVLQFHUWXV
|
||
|
||
6HWDULDIDEHUL
|
||
6HWDULDYLULGLV
|
||
6HWDULDJODXFD
|
||
(OHXVLQHLQGLFD
|
||
5RWWERHOOLDFRFKLQFKLQHQVLV
|
||
(FKLQRFKORDFRORQD
|
||
(UDJURVWLVFLOLDQHQVLV
|
||
3RO\SRJRQPRQVSHOLHQVLV
|
||
2U\]DVDWLYD
|
||
|
||
WR
|
||
WR
|
||
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
|
||
WR
|
||
|
||
|
||
WR
|
||
|
||
|
||
WR
|
||
|
||
|
||
WR
|
||
|
||
|
||
WR
|
||
|
||
|
||
WR
|
||
WR
|
||
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
|
||
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
|
||
OEDL
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
OEDL
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
)LOHQDPH 7$3287:)3 ,QWHULP5HYLHZB&/1GRF
|
||
+DUG\
|
||
,WDOLDQ
|
||
6HHGOLQJ-RKQVRQJUDVV
|
||
6KDWWHUFDQH
|
||
6RXWKZHVWHUQ&XSJUDVV
|
||
6SUDQJOHWRS
|
||
$PD]RQ
|
||
%HDUGHG
|
||
0H[LFDQ
|
||
5HG
|
||
7H[DV3DQLFXP
|
||
9ROXQWHHU&HUHDOV
|
||
%DUOH\
|
||
2DWV
|
||
5\H
|
||
:KHDW
|
||
|
||
9ROXQWHHU&RUQ
|
||
9ROXQWHHU&RUQ
|
||
9ROXQWHHU&RUQ
|
||
9ROXQWHHU*UDLQ6RUJKXP
|
||
:LOG2DWV
|
||
:LOG3URVR0LOOHW
|
||
:LWFKJUDVV
|
||
:RRO\&XSJUDVV
|
||
/ROLXPUHPRWXP
|
||
/ROLXPPXOWLIORUXP
|
||
6RUJKXPKDOHSHQVH
|
||
6RUJKXPELFRORU
|
||
(ULRFKORDJUDFLOLV
|
||
|
||
/HSWRFKORDSDQLFRLGHV
|
||
/HSWRFKORDIDVFLFXODULV
|
||
/HSWRFKORDXQLQHUYLD
|
||
/HSWRFKORDILOLIRUPLV
|
||
3DQLFXPWH[DQXP
|
||
|
||
+RUGHXPYXOJDUH
|
||
$YHQDVDWLYD
|
||
6HFDOHFHUHDOH
|
||
7ULWLFXPDHVWLYXP
|
||
=HDPD\V
|
||
=HDPD\V
|
||
=HDPD\V
|
||
6RUJKXPELFRORU
|
||
$YHQDIDWXD
|
||
3DQLFXPPLOLDFHXP
|
||
3DQLFXPFDSLOODUH
|
||
(ULFKKORDYLOORVD
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
8SWR
|
||
8SWR
|
||
8SWR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
OEDL
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
OEDL
|
||
OEDL
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
*HQHUDOO\RFFXUVEHWZHHQOHDIVWDJHDQGWLOOHULQJ
|
||
|
||
|
||
/HQJWKRIODWHUDOJURZWK
|
||
|
||
|
||
|
||
8VHWKHKLJKHUUDWHIRUWDOOHUJUDVV
|
||
|
||
',5(&7,216)253(5(11,$/*5$66(6
|
||
|
||
x $SSO\RQO\WRDFWLYHO\JURZLQJJUDVVHVDWVSHFLILHGZHHGKHLJKWV
|
||
x $SSO\ZKHQWKHILUVWJUDVVZHHGVSHFLHVLQDPL[HGJUDVVZHHGSRSXODWLRQUHDFKHVWKHVSHFLILHGJURZWKVWDJHIRU
|
||
WUHDWPHQW
|
||
x 8VHWKHKLJKUDWHXQGHUKHDY\JUDVVSUHVVXUHDQGRUZKHQJUDVVHVDUHDWPD[LPXPKHLJKW
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
)LOHQDPH 7$3287:)3 ,QWHULP5HYLHZB&/1GRF
|
||
|
||
*5$6663(&,(6 :(('+(,*+7
|
||
LQFKHV
|
||
$33/,&$7,215$7(
|
||
0,1,080
|
||
5$7(
|
||
)O2]$
|
||
OEDL$
|
||
0$;,080
|
||
5$7(
|
||
|
||
)O2]$
|
||
OEDL$
|
||
%HUPXGDJUDVV &\QRGRQGDFW\ORQ
|
||
)LUVW$SSOLFDWLRQ
|
||
5HSHDW$SSOLFDWLRQ V LIUHJURZWKRFFXUV
|
||
|
||
)HVFXH7D,O )HVWXFDDUXQGLQDFHD
|
||
)LUVW$SSOLFDWLRQ
|
||
5HSHDW$SSOLFDWLRQ V LIUHJURZWKRFFXUV
|
||
|
||
)R[WDLO%DUOH\ +RUGHXPMXEDWXP
|
||
)LUVW$SSOLFDWLRQ
|
||
5HSHDW$SSOLFDWLRQ LIUHJURZWKRFFXUV
|
||
|
||
2UFKDUGJUDVV 'DFW\OLVJORPHUDWD
|
||
)LUVW$SSOLFDWLRQ
|
||
5HSHDW$SSOLFDWLRQ V LIUHJURZWKRFFXUV
|
||
|
||
4XDFNJUDVV (O\WULJLDUHSHQV
|
||
)LUVW$SSOLFDWLRQ
|
||
5HSHDW$SSOLFDWLRQ V LIUHJURZWKRFFXUV
|
||
|
||
5KL]RPH-RKQVRQJUDVV 6RUJKXPKDOHSHQVH
|
||
)LUVW$SSOLFDWLRQ
|
||
5HSHDW$SSOLFDWLRQ V LIUHJURZWKRFFXUV
|
||
|
||
:LUHVWHP0XKO\ 0XKOHQEHUJLDIURQGRVD
|
||
)LUVW$SSOLFDWLRQ
|
||
5HSHDW$SSOLFDWLRQ V LIUHJURZWKRFFXUV
|
||
|
||
3HUHQQLDO%OXHJUDVV
|
||
>5RXJKVWDON 3RDWULYLDOLV @
|
||
>.HQWXFN\ 3RDSUDQWHQVLV @
|
||
)LUVW$SSOLFDWLRQ
|
||
5HSHDW$SSOLFDWLRQ V
|
||
|
||
%HQWJUDVV $JURVWLVVSS
|
||
)LUVW$SSOLFDWLRQ
|
||
5HSHDW$SSOLFDWLRQ V LIUHJURZWKRFFXUV
|
||
|
||
RUXSWR´UXQQHUV
|
||
RUXSWR´UXQQHUV
|
||
|
||
|
||
WR
|
||
WR
|
||
|
||
|
||
WR
|
||
WR
|
||
|
||
|
||
WR
|
||
WR
|
||
|
||
|
||
WR
|
||
WR
|
||
|
||
|
||
WR
|
||
WR
|
||
|
||
|
||
WR
|
||
WR
|
||
|
||
|
||
|
||
|
||
WR
|
||
WR
|
||
|
||
|
||
WR
|
||
WR
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
8VHWKHKLJKHUUDWHIRUWDOOHUJUDVV
|
||
|
||
72/(5$173/$176
|
||
$OIDOID
|
||
&DUURWV
|
||
&ORYHU6ZHHW:KLWHDQG
|
||
2WKHU6SHFLHV
|
||
)OD[
|
||
/DEODE
|
||
3DUVQLSV
|
||
|
||
3HDV
|
||
6RXWKHUQ3HDV
|
||
6XJDUEHHWV
|
||
7XUQLSV
|
||
&DQROD QRWIRUFDQRODJURZQLQ
|
||
&DOLIRUQLD
|
||
&KXID
|
||
|
||
*DUGHQDQG5HG%HHWV
|
||
0XVWDUG
|
||
3HDQXWV
|
||
5DGLVK
|
||
6R\EHDQV
|
||
6XQIORZHU
|
||
|
||
|
||
|
||
5(675,&7,216$1'/,0,7$7,216
|
||
|
||
x '2127DSSO\PRUHWKDQIOR]$ OEDL SHUDSSOLFDWLRQ
|
||
x '2127DSSO\PRUHWKDQ IOR]$ OEVDL SHUVHDVRQ
|
||
x 0D[LPXPQXPEHURIDSSOLFDWLRQVLV
|
||
|
||
)LOHQDPH 7$3287:)3 ,QWHULP5HYLHZB&/1GRF
|
||
x '2127DSSO\LIUDLQLVH[SHFWHGZLWKLQKRXURIDSSOLFDWLRQDVFRQWUROPD\EHXQVDWLVIDFWRU\
|
||
x '2127PRZSULRUWRDSSOLFDWLRQ
|
||
x $YRLGJHWWLQJVSUD\RUVSUD\GULIWRQVXVFHSWLEOHJUDVVFURSVDVLQMXU\ZLOORFFXU
|
||
x 0LQRUOHDIVSRWWLQJFDQRFFXURQWUHDWHGSODQWVXQGHUFHUWDLQFRQGLWLRQV1HZIROLDJHLVQRWDIIHFWHG
|
||
x $YRLGVSUD\LQJLQZLQG\FRQGLWLRQV ZLQG\FRQGLWLRQVDUHZKHQZLQGVDUHJUHDWHUWKDQPLOHVSHUKRXU
|
||
x $YRLGVSUD\LQJZKHQZLQGVDUHJXVW\
|
||
x '2127VSUD\RQJUDVV\IRRGSODQWVVXFKDVFRUQVRUJKXPZKHDWEDUOH\ULFHU\HDQGPLOOHW
|
||
x '2127DSSO\XQGHUFRQGLWLRQVRIVWUHVV$SSO\LQJ7$3287:)3XQGHUFRQGLWLRQVWKDW'2127SURPRWHDFWLYH
|
||
JUDVVJURZWKZLOOUHGXFHKHUELFLGHHIIHFWLYHQHVV7KHVHFRQGLWLRQVLQFOXGHGURXJKWH[FHVVLYHZDWHUH[WUHPHVLQ
|
||
WHPSHUDWXUHORZKXPLGLW\DQGJUDVVHVHLWKHUSDUWLDOO\FRQWUROOHGRUVWXQWHGIURPSULRUSHVWLFLGHDSSOLFDWLRQV
|
||
*UDVVHVXQGHUWKHVHNLQGVRIVWUHVVIXOFRQGLWLRQVZLOOQRWDEVRUEDQGWUDQVORFDWH7$3287:)3HIIHFWLYHO\DQG
|
||
ZLOOEHOHVVVXVFHSWLEOHWRKHUELFLGHDFWLYLW\
|
||
x $SSOLFDWLRQRQ/RQJ,VODQG1HZ<RUNLVUHVWULFWHGWRQRPRUHWKDQIOR]RI7$3287:)3 OEDL SHU
|
||
DFUHSHUVHDVRQ
|
||
|
||
|
||
)RUXVHLQ2UQDPHQWDOVWRFRQWUROJUDVV\ZHHGV
|
||
|
||
)RURUQDPHQWDOSODQWXVHV7$3287FDQEHXVHGWRFRQWUROODEHOHGJUDVVZHHGVLQDQGDURXQGRXWGRRURUQDPHQWDOV
|
||
|
||
,03257$17
|
||
|
||
7$3287VXFFHVVIXOO\FRQWUROVZHHGVLQQHZO\WUDQVSODQWHGDQGHVWDEOLVKHGQRQJUDVV\RUQDPHQWDOV3ODQWWROHUDQFHWR
|
||
7$3287DWODEHOHGUDWHVKDVEHHQIRXQGWREHDFFHSWDEOHIRUWKHLQGLFDWHGJHQHUDDQGVSHFLHVOLVWHGEHORZ'XHWR
|
||
YDULDELOLW\ZLWKLQVSHFLHVFURSJURZWKVWDJHHQYLURQPHQWDOFRQGLWLRQVDQGDSSOLFDWLRQWHFKQLTXHVLWLVUHFRPPHQGHGWKDW
|
||
WKHXVHUGHWHUPLQHLIKHUELFLGHFDQEHXVHGVDIHO\RQDIHZSODQWVSULRUWRZLGHVSUHDGDSSOLFDWLRQ1HLWKHUWKHVHOOHUQRU
|
||
WKHPDQXIDFWXUHURI7$3287KDVLQYHVWLJDWHGWKHVDIHW\IDFWRUWRRUQDPHQWDOSODQWVQRWOLVWHGRQWKHODEHO
|
||
|
||
0,;,1*,16758&7,216
|
||
x $GGKDOIRIWKHQHHGHGZDWHUWRWKHVSUD\HUVSUD\WDQN
|
||
x $GG7$3287:)3
|
||
x )LOOWDQNWRGHVLUHGOHYHO
|
||
|
||
+$1'635$<(56327$33/,&$7,21
|
||
x $SSO\ZLWKDKDQGWULJJHUVSUD\HURUSXPSXSKDQGVSUD\HU
|
||
x $GMXVWVSUD\HUWRGHOLYHUDILQHVSUD\VSUD\SODQWVXQWLOOLJKWO\ZHWEXWQRWGULSSLQJ
|
||
x 8VHIOR]7$3287:)3SHUJDOORQRIZDWHU
|
||
x 6SUD\GLUHFWO\RQJUDVV\ZHHGVWLOOOLJKWO\ZHW
|
||
x 2QHJDOORQRIVSUD\PL[FRYHUVVTXDUHIHHW
|
||
|
||
)RUKDUGWRFRQWUROZHHGVPDNHDVHFRQGDSSOLFDWLRQWRZHHNVDIWHUWKHILUVWDSSOLFDWLRQ
|
||
|
||
7KHIROORZLQJSODQWVKDYHVKRZQDWROHUDQFHIRU7$3287DSSOLFDWLRQV
|
||
|
||
|
||
|
||
251$0(17$/75((6
|
||
&200211$0( 6&,(17,),&1$0( &200211$0( 6&,(17,),&1$0(
|
||
$OGHU5HG
|
||
$VK
|
||
%DVVZRRG
|
||
%LUFK(XURSHDQ
|
||
:KLWH
|
||
%LUFK5LYHU
|
||
%LUFK:KLWH
|
||
&UDEDSSOH
|
||
)ORZHULQJ
|
||
'RJZRRG)ORZHULQJ
|
||
$OQXVUXEUD
|
||
)UD[LQXVVSS
|
||
7LOLDVSS
|
||
%HWXODSHQGXOD
|
||
%HWXODQLJUD
|
||
%HWXODSDS\ULIHUD
|
||
0DOXVKDOOLDQD
|
||
&RUQXVIORULGD
|
||
*ROGHQ&KDLQ7UHH
|
||
0DSOHV
|
||
0XOEHUU\:KLWH
|
||
2DNV
|
||
2OLYH:LOG
|
||
5HGEXG(DVWHUQ
|
||
6ZHHW*XP$PHULFDQ
|
||
/DEXUQXPDQDJ\URLGHV
|
||
$FHUVSS
|
||
0RUXVDOED
|
||
4XHUFXVVSS
|
||
(ODHDJQXVDQJXVWLIROLD
|
||
&HUFLVFDQDGHQVLV
|
||
/LTXLGDPEDUVW\UDFLIOXD
|
||
|
||
|
||
|
||
)LOHQDPH 7$3287:)3 ,QWHULP5HYLHZB&/1GRF
|
||
*5281'&29(56
|
||
&200211$0( 6&,(17,),&1$0(
|
||
%XJOHZHHG&DUSHW
|
||
,Y\(QJOLVK
|
||
-DSDQHVH6SXUJH
|
||
/LO\WXUI
|
||
0RQH\ZRUW
|
||
0RQGR*UDVV:KLWH
|
||
0RQGR*UDVV'ZDUI
|
||
3HULZLQNOH/HVVHU
|
||
$MXJDUHSWDQV
|
||
+HGHUDKHOL[
|
||
3DFK\VDQGUDWHUPLQDOLV
|
||
/LULRSHPXVFDUL
|
||
/\VLPDFKLDQXPPXODQD
|
||
2SKLRSRJRQMDEXUDQ
|
||
2SKLRSRJRMDSRQLFXV
|
||
9LQFDPLQRU
|
||
|
||
|
||
*$5'(1)/2:(56$1'3/$176
|
||
|
||
VOLJKWIROLDJHRUIORZHUVSHFNOLQJKDVEHHQREVHUYHGRQWKHVHVSHFLHV
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
&200211$0( 6&,(17,),&1$0( &200211$0( 6&,(17,),&1$0(
|
||
$JHUDWXP
|
||
$O\VVXP
|
||
6ZHHW
|
||
$VSDUDJXV)HUQ
|
||
%OHHGLQJ+HDUW
|
||
&DVW,URQ3ODQW
|
||
&KU\VDQWKHPXP
|
||
|
||
&LQTXHIRLO
|
||
&ROHXV
|
||
&RUDOEHOOV
|
||
|
||
&UDQHVELOO
|
||
'DKOLD
|
||
'DLV\7UDLOLQJ
|
||
$IULFDQ
|
||
'D\OLO\
|
||
'XVW\0LOOHU
|
||
(XRQ\PXV
|
||
*D]DQLD
|
||
*HUDQLXP+RXVH
|
||
|
||
+HDWKHU)DOVH
|
||
+RVWD
|
||
,ULV
|
||
|
||
$JHUDWXPVSS
|
||
/REXODULDPDULWLPD
|
||
$VSDUDJXVVHWDFHXV
|
||
'LFHQWUDVSHFWDELOLV
|
||
$VSLGLVWUDHODWLRU
|
||
&KU\VDQWKHPXP
|
||
VSS
|
||
3RWHQWLODVSS
|
||
&ROHXVVSS
|
||
+HXFKHUDVDQ
|
||
JXLQHD
|
||
*HUDQLXPVSS
|
||
'DKOLDVSS
|
||
2VWHRVSHUPXP
|
||
IUXWLFRVXP
|
||
+HPHURFDOOLVVSS
|
||
6HQHFORFLQHUDULD
|
||
(XRQ\PXVVSS
|
||
*D]DQLDVSS
|
||
3HODUJRQLXP
|
||
KRUWRUXP
|
||
&XSKHDK\VVRSLIROLD
|
||
+RVWDIRUWXQHL
|
||
,ULVVSS
|
||
|
||
-DVPLQH7REDFFR
|
||
/RRVHVWULIH
|
||
0DULJROG
|
||
3DUWULGJHEHUU\
|
||
3HWXQLD
|
||
|
||
3KOR[
|
||
3LQNV
|
||
3RUWXODFD
|
||
6DOYLD
|
||
6D[LIUDJH
|
||
6HGXP
|
||
6HOORXP
|
||
6QDSGUDJRQ
|
||
|
||
6ZHHW)ODJ
|
||
7LFNVHHG
|
||
7RXFK0H1RW
|
||
9HUEHQD
|
||
9LROHW
|
||
<DUURZ&RPPRQ
|
||
=LQQLD
|
||
1LFRWLDQDDODWD
|
||
/\WKUXPVDOLFDULD
|
||
7DJHWHVVSS
|
||
0LWFKHOODUHSHQV
|
||
3HWXQLDK\EULGD
|
||
3KOR[VSS
|
||
'LDQWKXVVSS
|
||
3RUWXODFDJUDQGLIORUD
|
||
6DOYLDVSS
|
||
6D[LIUDJDVSS
|
||
6HGXPVSS
|
||
3KLORGHQGURQVHOORXP
|
||
$QWLUUKLQXPPDMXV
|
||
$DFRUXVJUDPLQHXV
|
||
&RUHRSVLVJUDQGLIORUD
|
||
,PSDWLHQVVSS
|
||
9HUEHQDVSS
|
||
9LRODVSS
|
||
$FKLOOHDPLOOHIROLXP
|
||
=LQQLDHOHFDQV
|
||
|
||
)LOHQDPH 7$3287:)3 ,QWHULP5HYLHZB&/1GRF
|
||
6+58%6
|
||
|
||
6OLJKWIROLDJHRUIORZHUVSHFNOLQJKDVEHHQREVHUYHGRQWKHVHVSHFLHV
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
',5(&7,216)25$118$/*5$66(6,1251$0(17$/6
|
||
x $SSO\RQO\WRDFWLYHO\JURZLQJJUDVVHVDWVSHFLILHGZHHGKHLJKWV
|
||
x $SSO\ZKHQWKHILUVWJUDVVZHHGVSHFLHVLQDPL[HGJUDVVZHHGSRSXODWLRQUHDFKHVWKHVSHFLILHGJURZWKVWDJHIRU
|
||
WUHDWPHQW
|
||
x 8VHWKHKLJKUDWHXQGHUKHDY\JUDVVSUHVVXUHDQGRUZKHQJUDVVHVDUHDWPD[LPXPKHLJKW
|
||
|
||
*5$6663(&,(6 6&,(17,),&1$0( :(('
|
||
|
||
+(,*+7
|
||
LQFKHV
|
||
$33/,&$7,215$7(6
|
||
0,1,080
|
||
5$7(
|
||
IOR]$
|
||
OEDL$
|
||
0$;,080
|
||
5$7(
|
||
IOR]$
|
||
OEDL$
|
||
%DUQ\DUGJUDVV
|
||
%URDGOHDI6LJQDOJUDVV
|
||
%URPH
|
||
&DOLIRUQLD
|
||
&KHDW
|
||
'RZQ\
|
||
5LSJXW
|
||
&DQDU\JUDVV
|
||
&UDEJUDVV
|
||
+DLU\
|
||
/DUJH
|
||
6PRRWK
|
||
6RXWKHUQ
|
||
&URZIRRWJUDVV
|
||
)DOO3DQLFXP
|
||
)LHOG6DQGEXU
|
||
)R[WDLO
|
||
*LDQW
|
||
*UHHQ
|
||
(FKLQRFKORDFUXVJDOOL
|
||
%UDFKLDULDSODW\SK\OOD
|
||
|
||
%URPXVFDULQDWXV
|
||
%URPXVVHFDOLQXV
|
||
%URPXVWHFWRUXP
|
||
%URPXVGLDQGUXV
|
||
3KDODULVFDQDULHQVLV
|
||
|
||
'LJLWDULDDGVFHQGHQV
|
||
'LJLWDULDVDQJXLQDOLV
|
||
'LJLWDULDLVFKDHPXP
|
||
'LJLWDULDFLOLDULV
|
||
'DFW\ORFWHQLXPDHJ\SWLXP
|
||
3DQLFXPGLFKRWRPLIORUXP
|
||
&HQFKUXVLQFHUWXV
|
||
|
||
6HWDULDIDEHUL
|
||
6HWDULDYLULGLV
|
||
WR
|
||
WR
|
||
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
|
||
WR
|
||
|
||
|
||
WR
|
||
|
||
|
||
WR
|
||
|
||
|
||
WR
|
||
|
||
|
||
WR
|
||
|
||
|
||
WR
|
||
WR
|
||
|
||
WR
|
||
WR
|
||
|
||
OEDL
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
OEDL
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
$EHOLD
|
||
$QLVH3XUSOH
|
||
$XFXED
|
||
$]DOHD
|
||
|
||
%DPERR
|
||
%DUEHUU\-DSDQHVH
|
||
%DUEHUU\0DJHOODQ
|
||
%D\EHUU\
|
||
%RWWOHEUXVK
|
||
%R[ZRRG&RPPRQ
|
||
&DPHOOLD&RPPRQ
|
||
&DQG\WXIW
|
||
&OH\HUD
|
||
&RUDOEHUU\
|
||
&UDSH0\UWOH
|
||
&R\RWH%UXVK
|
||
)LJ&UHHSLQJ
|
||
*DUGHQLD
|
||
+ROO\
|
||
+RQH\VXFNOH
|
||
,QGLDQ+DZWKRUQ
|
||
|
||
$EHOLDVSS
|
||
,LLFLXPIORULGDQXP
|
||
$XFXEDVSS
|
||
5KRGRGHQGURQVSS
|
||
%DPEXVDVSS
|
||
%HUEHULVWKXQEHUJLO
|
||
%HUEHULVEX[LIROLD
|
||
0\ULFDSHQV\OYDQLFD
|
||
&DOOLVWHPRQFLWULQXV
|
||
%X[XVVHPSHWYLUHQV
|
||
&DPHOOLDMDSRQLFD
|
||
,EHULVVHPSHLYLUHQV
|
||
&OH\HUDMDSRQLFD
|
||
$UGLVLDFUHQDWD
|
||
/DJHUVWURHPLDLQGLFD
|
||
%DFFKDULVSLOXODULV
|
||
)LFXVSXPLOD
|
||
*DUGHQLDVSS
|
||
,OH[VSS
|
||
/RQLFHUDVSS
|
||
5DSKLROHSLVLQGLFD
|
||
|
||
-DVPLQH
|
||
-DVPLQH$VLDWLF
|
||
|
||
-DVPLQH6WDU
|
||
|
||
-XQLSHU
|
||
/DQWDQD
|
||
1DQGLQD
|
||
%DPERR
|
||
+HDYHQO\
|
||
2OHDQGHU&RPPRQ
|
||
2UHJRQ*UDSH
|
||
3KRWLQLD
|
||
3LWWRVSRUXP
|
||
3RGRFDUSXV
|
||
3ULYHW
|
||
3\UDFDQWKD
|
||
5KRGRGHQGURQ
|
||
5RVH
|
||
6SLUHD
|
||
6ZHHW2OLYH
|
||
9LEXUQXP
|
||
:LVWHULD
|
||
<HOORZ6DJH6KUXE
|
||
9HUEHQD
|
||
-DVPLQXPVSS
|
||
7UDFKHORVSHUPXP
|
||
DVLDWLFXP
|
||
7UDFKHORVSHUPXP
|
||
MDVPLQRLGHV
|
||
-XQLSHUXVVSS
|
||
/DQWDQDVSS
|
||
1DQGLQLDGRPHVWLFD
|
||
1HULXPROHDQGHU
|
||
|
||
0DKRQLDDTXLIROLXP
|
||
3KRWLQLDVSS
|
||
3LWWRVSRUXPVSS
|
||
3RGRFDUSXVVSS
|
||
/LJXVWUXPVSS
|
||
3\UDFDQWKDVSS
|
||
5KRGRGHQGURQVSS
|
||
5RVDVSS
|
||
6SLUDHDEXPDOGD
|
||
2VPDQWKXVIUDJUDQV
|
||
9LEXUQXPWKXV
|
||
:LVWHULDVSS
|
||
/DQWDQDFDPDUD
|
||
|
||
)LOHQDPH 7$3287:)3 ,QWHULP5HYLHZB&/1GRF
|
||
<HOORZ
|
||
*RRVHJUDVV
|
||
OWFKJUDVV
|
||
-XQJOHULFH
|
||
/RYHJUDVV 6WLQNJUDVV
|
||
5DEELWVIRRWJUDVV
|
||
5HG5LFH
|
||
5\HJUDVV
|
||
+DUG\
|
||
,WDOLDQ
|
||
6HHGOLQJ-RKQVRQJUDVV
|
||
6KDWWHUFDQH
|
||
6RXWKZHVWHUQ&XSJUDVV
|
||
6SUDQJOHWRS
|
||
$PD]RQ
|
||
%HDUGHG
|
||
0H[LFDQ
|
||
5HG
|
||
7H[DV3DQLFXP
|
||
9ROXQWHHU&HUHDOV
|
||
%DUOH\
|
||
2DWV
|
||
5\H
|
||
:KHDW
|
||
9ROXQWHHU&RUQ
|
||
9ROXQWHHU&RUQ
|
||
9ROXQWHHU*UDLQ6RUJKXP
|
||
:LOG2DWV
|
||
:LOG3URVR0LOOHW
|
||
:LWFKJUDVV
|
||
:RROO\&XSJUDVV
|
||
6HWDULDJODXFD
|
||
(OHXVLQHLQGLFD
|
||
5RWWERHOOLDFRFKLQ
|
||
(FKLQRFKORDFRORQD
|
||
(UDJURVWLVFLOLDQHQVLV
|
||
3RO\SRJRQPRQVSHOLHQVLV
|
||
2U\]DVDWLYD
|
||
|
||
/ROLXPUHPRWXP
|
||
/ROLXPPXOWLIORUXP
|
||
6RUJKXPKDOHSHQVH
|
||
6RUJKXPELFRORU
|
||
(ULRFKORDJUDFLOLV
|
||
|
||
/HSWKRFKORDSDQLFRLGHV
|
||
/HSWRFKORDIDVFLFXODULV
|
||
/HSWRFKORDXQLQHUYLD
|
||
/HSWRFKORDILOLIRUPLV
|
||
3DQLFXPWH[DQXP
|
||
|
||
+RUGHXPYXOJDUH
|
||
$YHQDVDWLYD
|
||
6HFDOHFHUHDOH
|
||
7ULWLFXPDHVWLYXP
|
||
=HDPD\V
|
||
=HDPD\V
|
||
6RUJKXPELFRORU
|
||
$YHQDIDWXD
|
||
3DQLFXPPLOLDFHXP
|
||
3DQLFXPFDSLODUH
|
||
(ULRFKORDYLOORVD
|
||
WR
|
||
WR
|
||
|
||
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
WR
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
OEDL
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
*HQHUDOO\RFFXUVEHWZHHQOHDIVWDJHDQGWLOOHULQJ
|
||
|
||
|
||
/HQJWKRIODWHUDOJURZWK
|
||
IOR]$ DSSUR[LPDWHO\IOR]VTIW
|
||
IOR]$ DSSUR[LPDWHO\IOR]VTIW
|
||
|
||
|
||
',5(&7,216)25$118$/%/8(*5$66&21752/:,7+7$3287,1251$0(17$/6
|
||
*5$6663(&,(6 :(('67$*( $33/,&$7,215$7(6
|
||
0,1,0805$7(
|
||
IOR]$
|
||
0$;,0805$7(
|
||
IOR]$
|
||
$QQXDO%OXHJUDVV
|
||
3RDDQQXD
|
||
7ROHDI OEDL OEDL
|
||
$SSO\XQGHUIDYRUDEOHVRLOPRLVWXUHDQGKXPLGLW\WKDWH[LVWVZLWKLQDIHZGD\VDIWHUUDLQIDOORUZLWKLQ
|
||
GD\VDIWHULUULJDWLRQ*UDVVQHHGVWREHDFWLYHO\JURZLQJDWWLPHRIDSSOLFDWLRQ V
|
||
|
||
$SSO\DWZHHGVWDJHLQGLFDWHGRQWKHODEHODVUHGXFHGFRQWUROFDQEHH[SHFWHGZLWKPRUHPDWXUHDQQXDO
|
||
EOXHJUDVV
|
||
|
||
8VHWKHKLJKUDWHXQGHUKHDY\JUDVVSUHVVXUHDQGRUZKHQDQQXDOEOXHJUDVVLVPRUHPDWXUH
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
)LOHQDPH 7$3287:)3 ,QWHULP5HYLHZB&/1GRF
|
||
|
||
',5(&7,216)253(5(11,$/*5$66(6,1251$0(17$/6
|
||
x $SSO\RQO\WRDFWLYHO\JURZLQJJUDVVHVDWVSHFLILHGZHHGKHLJKWV
|
||
x $SSO\ZKHQWKHILUVWJUDVVZHHGVSHFLHVLQDPL[HGJUDVVZHHGSRSXODWLRQUHDFKHVWKHVSHFLILHGJURZWKVWDJHIRU
|
||
WUHDWPHQW
|
||
x 8VHWKHKLJKUDWHXQGHUKHDY\JUDVVSUHVVXUHDQGRUZKHQJUDVVHVDUHDWPD[LPXPKHLJKW
|
||
|
||
*5$6663(&,(6 :(('+(,*+7
|
||
LQFKHV
|
||
$33/,&$7,215$7(6
|
||
0,1,080
|
||
5$7(
|
||
IOR]$
|
||
0$;,080
|
||
5$7(
|
||
IOR]$
|
||
%HUPXGDJUDVV &\QRGRQGDFW\ORQ
|
||
)LUVW$SSOLFDWLRQ
|
||
5HSHDW$SSOLFDWLRQ V LIUHJURZWKRFFXUV
|
||
|
||
)R[WDLO%DUOH\ +RUGHXPMXEDWXP
|
||
)LUVW$SSOLFDWLRQ
|
||
5HSHDW$SSOLFDWLRQ V LIUHJURZWKRFFXUV
|
||
|
||
4XDFNJUDVV (O\WULJLDUHSHQV
|
||
)LUVW$SSOLFDWLRQ
|
||
5HSHDW$SSOLFDWLRQ V LIUHJURZWKRFFXUV
|
||
|
||
5KL]RPH-RKQVRQJUDVV 6RUJKXP
|
||
KDOHSHQVH )LUVW$SSOLFDWLRQ
|
||
5HSHDW$SSOLFDWLRQ V LIUHJURZWKRFFXUV
|
||
|
||
:LUHVWHP0XKO\ 0XKLHQEHUJLDIURQGRVD
|
||
)LUVW$SSOLFDWLRQ
|
||
5HSHDW$SSOLFDWLRQ V LIUHJURZWKRFFXUV
|
||
|
||
RUXSWR¶UXQQHUV
|
||
RUXSWR¶UXQQHUV
|
||
|
||
|
||
WR
|
||
WR
|
||
|
||
|
||
WR
|
||
WR
|
||
|
||
|
||
WR
|
||
WR
|
||
|
||
|
||
WR
|
||
WR
|
||
|
||
|
||
OEDL
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
OEDL
|
||
OEDL
|
||
|
||
|
||
|
||
|
||
|
||
|
||
OEDL
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
OEDL
|
||
|
||
|
||
|
||
|
||
IOR]$ DSSUR[LPDWHO\IOR]VTIW
|
||
IOR]$ DSSUR[LPDWHO\IOR]VTIW
|
||
|
||
5(675,&7,216$1'/,0,7$7,216
|
||
|
||
x '2127DSSO\PRUHWKDQIOR]$ OEDL SHUDSSOLFDWLRQ
|
||
x '2127DSSO\PRUHWKDQ IOR]$ OEVDL SHUVHDVRQ
|
||
x 0D[LPXPQXPEHURIDSSOLFDWLRQVLV
|
||
x '2127DSSO\LIUDLQLVH[SHFWHGZLWKLQKRXURIDSSOLFDWLRQDVFRQWUROPD\EHXQVDWLVIDFWRU\
|
||
x $YRLGJHWWLQJVSUD\RUVSUD\GULIWRQVXVFHSWLEOHJUDVVHVDVLQMXU\ZLOORFFXU
|
||
x 0LQRUOHDIVSRWWLQJFDQRFFXURQWUHDWHGSODQWVXQGHUFHUWDLQFRQGLWLRQV1HZIROLDJHLVQRWDIIHFWHG
|
||
x $YRLGVSUD\LQJLQZLQG\FRQGLWLRQV ZLQG\FRQGLWLRQVDUHZKHQZLQGVDUHJUHDWHUWKDQPLOHVSHUKRXU
|
||
x $YRLGVSUD\LQJZKHQZLQGVDUHJXVW\
|
||
x '2127DSSO\XQGHUFRQGLWLRQVRIVWUHVV$SSO\LQJ7$3287:)3XQGHUFRQGLWLRQVWKDW'2127SURPRWHDFWLYH
|
||
JUDVVJURZWKZLOOUHGXFHKHUELFLGHHIIHFWLYHQHVV7KHVHFRQGLWLRQVLQFOXGHGURXJKWH[FHVVLYHZDWHUH[WUHPHVLQ
|
||
WHPSHUDWXUHORZKXPLGLW\DQGJUDVVHVHLWKHUSDUWLDOO\FRQWUROOHGRUVWXQWHGIURPSULRUSHVWLFLGHDSSOLFDWLRQV
|
||
*UDVVHVXQGHUWKHVHNLQGVRIVWUHVVIXOFRQGLWLRQVZLOOQRWDEVRUEDQGWUDQVORFDWH7$3287:)3HIIHFWLYHO\DQG
|
||
ZLOOEHOHVVVXVFHSWLEOHWRKHUELFLGHDFWLYLW\
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
)LOHQDPH 7$3287:)3 ,QWHULP5HYLHZB&/1GRF
|
||
|
||
&21',7,2162)6$/(±/,0,7(':$55$17<$1'/,0,7$7,2162)/,$%,/,7<$1'5(0(',(6
|
||
5HDGWKH&RQGLWLRQVRI6DOH:DUUDQW\DQG/LPLWDWLRQVRI/LDELOLW\DQG5HPHGLHVEHIRUHXVLQJWKLVSURGXFW,I
|
||
WKHWHUPVDUHQRWDFFHSWDEOHUHWXUQWKHSURGXFWXQRSHQHGDQGWKHIXOOSXUFKDVHSULFHZLOOEHUHIXQGHG
|
||
|
||
7KHGLUHFWLRQVRQWKLVODEHODUHEHOLHYHGWREHUHOLDEOHDQGVKRXOGEHIROORZHGFDUHIXOO\,QVXIILFLHQWFRQWURORISHVWVDQGRU
|
||
LQMXU\WRWKHFURSWRZKLFKWKHSURGXFWLVDSSOLHGPD\UHVXOWIURPWKHRFFXUUHQFHRIH[WUDRUGLQDU\RUXQXVXDOZHDWKHU
|
||
FRQGLWLRQVWKHIDLOXUHWRIROORZWKHODEHOGLUHFWLRQVRUJRRGDSSOLFDWLRQSUDFWLFHVDOORIZKLFKDUHEH\RQGWKHFRQWURORI
|
||
+HOHQD$JUL(QWHUSULVHV//& WKH&RPSDQ\ RUVHOOHU,QDGGLWLRQIDLOXUHWRIROORZODEHOGLUHFWLRQVPD\FDXVHLQMXU\WR
|
||
FURSVDQLPDOVPDQRUWKHHQYLURQPHQW7KH&RPSDQ\ZDUUDQWVWKDWWKLVSURGXFWFRQIRUPVWRWKHFKHPLFDOGHVFULSWLRQ
|
||
RQWKHODEHODQGLVUHDVRQDEO\ILWIRUWKHSXUSRVHUHIHUUHGWRLQWKHGLUHFWLRQVIRUXVHVXEMHFWWRWKHIDFWRUVQRWHGDERYH
|
||
ZKLFKDUHEH\RQGWKHFRQWURORIWKH&RPSDQ\7KH&RPSDQ\PDNHVQRRWKHUZDUUDQWLHVRUUHSUHVHQWDWLRQVRIDQ\NLQG
|
||
H[SUHVVRULPSOLHGFRQFHUQLQJWKHSURGXFWLQFOXGLQJQRLPSOLHGZDUUDQW\RIPHUFKDQWDELOLW\RUILWQHVVIRUDQ\SDUWLFXODU
|
||
SXUSRVHDQGQRVXFKZDUUDQW\VKDOOEHLPSOLHGE\ODZ
|
||
7KHH[FOXVLYHUHPHG\DJDLQVWWKH&RPSDQ\IRUDQ\FDXVHRIDFWLRQUHODWLQJWRWKHKDQGOLQJRUXVHRIWKLVSURGXFWVKDOOEH
|
||
OLPLWHGWRDW+HOHQD$JUL(QWHUSULVHV//&¶VHOHFWLRQRQHRIWKHIROORZLQJ
|
||
5HIXQGRIWKHSXUFKDVHSULFHSDLGE\EX\HURUXVHUIRUSURGXFWERXJKWRU
|
||
5HSODFHPHQWRIWKHSURGXFWXVHG
|
||
7RWKHH[WHQWFRQVLVWHQWZLWKDSSOLFDEOHODZWKH&RPSDQ\VKDOOQRWEHOLDEOHDQGDQ\DQGDOOFODLPVDJDLQVWWKH&RPSDQ\
|
||
DUHZDLYHGIRUVSHFLDOLQGLUHFWLQFLGHQWDORUFRQVHTXHQWLDOGDPDJHVRUH[SHQVHRIDQ\QDWXUHLQFOXGLQJEXWQRWOLPLWHG
|
||
WRORVVRISURILWVRULQFRPH7KH&RPSDQ\DQGWKHVHOOHURIIHUWKLVSURGXFWDQGWKHEX\HUDQGXVHUDFFHSWLWVXEMHFWWRWKH
|
||
IRUHJRLQJFRQGLWLRQVRIVDOHDQGOLPLWDWLRQRIZDUUDQW\OLDELOLW\DQGUHPHGLHV
|
||
|
||
|
||
|
||
7$3287LVDUHJLVWHUHGWUDGHPDUNRI+HOHQD+ROGLQJ&RPSDQ\
|
||
|
||
+HOHQD+ROGLQJ&RPSDQ\
|