)RUP 1R 5HHOPDVWHU ' DQG :KHHO 'ULYH 7UDFWLRQ 8QLW 0RGHO 1R ³ DQG 8S 0RGHO 12 ³ DQG 8S 2SHUDWRU·V 0DQXDO (QJOLVK (1
:DUQLQJ 2SHUDWLRQ &RQWUROV 6WDUWLQJ DQG 6WRSSLQJ %OHHGLQJ WKH )XHO 6\VWHP 5HG 'LDJQRVWLF /LJKW 3XVKLQJ RU 7RZLQJ WKH 0DFKLQH *UHHQ 'LDJQRVWLF /LJKW 'LDJQRVWLF $&( 'LVSOD\ 2SWLRQDO
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
:HDU DSSURSULDWH FORWKLQJ LQFOXGLQJ KDUG KDW VDIHW\ JODVVHV DQG HDU SURWHFWLRQ /RQJ KDLU ORRVH FORWKLQJ RU MHZHOU\ PD\ JHW WDQJOHG LQ PRYLQJ SDUWV 6ORZ GRZQ DQG XVH FDXWLRQ ZKHQ PDNLQJ WXUQV DQG FURVVLQJ URDGV DQG VLGHZDONV 6WRS UHHOV LI QRW PRZLQJ 'R QRW RSHUDWH WKH PRZHU XQGHU WKH LQIOXHQFH RI DOFRKRO RU GUXJV ,QVSHFW WKH DUHD ZKHUH WKH HTXLSPHQW LV WR EH XVHG DQG UHPRYH DOO REMHFWV VXFK DV URFNV WR\V DQG ZLUH ZKLFK FDQ EH WKURZQ E\ WKH PDFKLQH 8VH FDUH ZKHQ ORDGLQJ RU XQORDGLQJ WKH
7RUR 0RZHU 6DIHW\ :KHQ D SHUVRQ RU SHW DSSHDUV XQH[SHFWHGO\ LQ RU QHDU WKH PRZLQJ DUHD VWRS PRZLQJ &DUHOHVV RSHUDWLRQ FRPELQHG ZLWK WHUUDLQ DQJOHV ULFRFKHWV RU LPSURSHUO\ SRVLWLRQHG JXDUGV FDQ OHDG WR WKURZQ REMHFW LQMXULHV 'R QRW UHVXPH PRZLQJ XQWLO WKH DUHD LV FOHDUHG 7KH IROORZLQJ OLVW FRQWDLQV VDIHW\ LQIRUPDWLRQ VSHFLILF WR 7RUR SURGXFWV RU RWKHU VDIHW\ LQIRUPDWLRQ WKDW \RX PXVW NQRZ WKDW LV QRW LQFOXGHG LQ WKH $16, VWDQGDUGV 7KLV SURGXFW LV FDSDEOH RI DPSXWDWLQJ KDQGV DQG IHHW DQG WKURZLQJ
DIHW\ DQG ,QVWUXFWLRQ 'HFDOV 6DIHW\ GHFDOV DQG LQVWUXFWLRQV DUH HDVLO\ YLVLEOH WR WKH RSHUDWRU DQG DUH ORFDWHG QHDU DQ\ DUHD RI SRWHQWLDO GDQJHU 5HSODFH DQ\ GHFDO WKDW LV GDPDJHG RU ORVW :DUQLQJ³FUXVKLQJ RI ILQJHUV DQG KDQGV 6WRS WKH UHHOV EHIRUH SURFHHGLQJ ([SORVLRQ KD]DUG³ZHDU H\H SURWHFWLRQ &DXVWLF OLTXLG KD]DUG³IOXVK ZLWK ZDWHU DQG VHHN ILUVW DLG )LUH KD]DUG³QR VSDUNV IODPH RU VPRNLQJ 3RLVRQ³NHHS FKLOGUHQ D VDIH GLVWDQFH IURP WKH EDWWHU\ 'L
'DQJHU³UHDG WKH RSHUDWRU·V PDQXDO +\GUDXOLF KRVHV DUH XQGHU SUHVVXUH³VWD\ DZD\ IURP PRYLQJ SDUWV 7KH EDWWHU\ FRQWDLQV OHDG 'R QRW WKURZ LW LQ WKH JDUEDJH 'DQJHU³VSULQJ ORDGHG GHYLFH 5HDG WKH RSHUDWRU·V PDQXDO IRU 5HDG WKH RSHUDWRU·V PDQXDO IRU IXUWKHU LQVWUXFWLRQV 5HDG WKH RSHUDWRU·V PDQXDO IRU IXUWKHU LQVWUXFWLRQV IXUWKHU LQVWUXFWLRQV 'R QRW VWHS RQ OLIW DUPV 'DQJHU³GR QRW FDUU\ ULGHUV 7R HQJDJ
5HDG WKH RSHUDWRU·V PDQXDO 'R QRW WRZ³UHDG WKH RSHUDWRU·V PDQXDO IRU IXUWKHU LQVWUXFWLRQV 'DQJHU³UHDG WKH RSHUDWRU·V PDQXDO 7KURZQ REMHFW KD]DUG³NHHS E\VWDQGHU DZD\ &XWWLQJ KD]DUG WR KDQGV DQG IHHW³VWD\ DZD\ IURP PRYLQJ SDUWV 'DQJHU³VHW WKH SDUNLQJ EUDNH VWRS WKH HQJLQH DQG UHPRYH WKH NH\ EHIRUH OHDYLQJ WKH RSHUDWRU·V SRVLWLRQ 7LSSLQJ KD]DUG³DOZD\V IDVWHQ VHDW EHOWV 5HSODFHV IRU &( 'R QRW WRZ³UHDG WKH RSHUDWRU·V PDQ
7KURWWOH³VORZ 7KURWWOH³IDVW 5HHOV UDLVHG DQG RII 5HHOV ORZHUHG DQG RQ ZKHQ 5HHOV GLVDEOHG³OLIW RQO\ HQDEOHG³IRUZDUG DQG 5HHOV GLVDEOHG³OLIW DQG +HDGOLJKWV³RII ORZHU 5HDG WKH RSHUDWRU·V PDQXDO EDFNODS 5HHOV³HQDEOHG 0RGHO 1R 2QO\ 'DQJHU³UHDG WKH RSHUDWRU·V PDQXDO IRU IXUWKHU LQVWUXFWLRQV 7LSSLQJ KD]DUG³ZHDU WKH VHDW EHOW +HDGOLJKWV RSWLRQDO +HDGOLJKWV³RQ IRU IXUWKHU LQVWUXFWLRQV
6SHFLILFDWLRQV 1RWH 6SHFLILFDWLRQV DQG GHVLJQ VXEMHFW WR FKDQJH ZLWKRXW QRWLFH *HQHUDO 6SHFLILFDWLRQV (QJLQH 0DLQ IUDPH .XERWD IRXU F\OLQGHU RYHU KHDG YDOYH OLTXLG FRROHG WXUER GLHVHO HQJLQH KS # USP *RYHUQHG WR USP +HDY\ GXW\ VWDJH UHPRWH PRXQWHG DLU FOHDQHU +LJK ZDWHU WHPSHUDWXUH VKXWGRZQ VZLWFK $OO ZHOGHG IRUPHG VWHHO IUDPH LQFOXGHV WLH GRZQ ORRSV &RROLQJ V\VWHP 5DGLDWRU FDSDFLW\ LV DSSUR[LPDWHO\ TWV O RI PL[WXUH RI HWK\OHQH JO\FRO DQWL IUHH]H 5HPRWH PRXQ
0HDVXUHPHQWV :LGWK RI FXW 2YHUDOO ZLGWK 7UDQVSRUW 2SHUDWLRQDO 2YHUDOO OHQJWK 2SWLRQDO (TXLSPHQW LQ LQ %ODGH &XWWLQJ 8QLW LQ 0RGHO 1R %ODGH &XWWLQJ 8QLW LQ 0RGHO 1R %ODGH &XWWLQJ 8QLW LQ 0RGHO 1R LQ 'HWKDWFKLQJ &XWWLQJ 8QLW 0RGHO 1R LQ *UDVV %DVNHW .LW 0RGHO 1R 5HDU 5ROOHU %UXVK .LW 0RGHO 1R $UP 5HVW .LW 0RGHO 1R 7XUIGHIHQGHU (OHFWURQLF /HDN 'HWHFWRU 5236 Z &ORWK &DQRS\ 0RGHO 1R 5HDU :KHHO :HLJKW .
6HWXS 1RWH 'HWHUPLQH WKH OHIW DQG ULJKW VLGHV RI WKH PDFKLQH IURP WKH QRUPDO RSHUDWLQJ SRVLWLRQ 1RWH 8VH WKLV FKDUW DV D FKHFNOLVW WR HQVXUH WKDW DOO SDUWV QHFHVVDU\ IRU DVVHPEO\ KDYH EHHQ UHFHLYHG :LWKRXW WKHVH SDUWV WRWDO VHW XS FDQQRW EH FRPSOHWHG 6RPH SDUWV PD\ KDYH DOUHDG\ EHHQ DVVHPEOHG DW WKH IDFWRU\ 'HVFULSWLRQ 4W\ 8VH &RXQWHUZHLJKW /DUJH R ULQJ 0RXQWLQJ WKH FRXQWHUZHLJKWV DQG PRWRUV WR WKH FXWWLQJ XQLWV /\QFK SLQ 0RXQWLQJ WKH FXWWLQJ XQLWV WR WKH WUDFWLRQ XQLW 6WHHULQJ OR
/XEULFDWH DQG LQVWDOO D ODUJH 2 ULQJ LQWR EHDULQJ KRXVLQJ JURRYH RQ HDFK HQG RI FXWWLQJ XQLW )LJ 6HFXUH SLYRW NQXFNOH WR FDUULHU IUDPH ZLWK D WKUXVW ZDVKHU IODW ZDVKHU DQG D IODQJH KHDG FDSVFUHZ )LJ ,QVHUW D WKUXVW ZDVKHU RQWR YHUWLFDO VKDIW RI SLYRW NQXFNOH )LJ ,I UHPRYHG LQVHUW WKH YHUWLFDO VKDIW RI WKH SLYRW NQXFNOH LQWR OLIW DUP SLYRW KXE )LJ *XLGH WKH SLYRW NQXFNOH LQ SODFH EHWZHHQ WKH WZR UXEEHU FHQWHULQJ EXPSHUV LQ WKH XQGHU VLGH RI WKH OLIW DUP VWHHULQJ SODWH
$OWHUQDWH $GMXVWPHQWV 1RWH :KHQ FXWWLQJ URXJK RU XQGXODWLQJ WXUI LQFUHDVH FRPSUHVVHG OHQJWK $ RI VSULQJ WR LQ PP DQG JDS & EHWZHHQ UHDU RI VSULQJ EUDFNHW DQG IURQW RI ZDVKHU WR LQ PP )LJ 7UDFWRUV DUH VHWXS DW WKH IDFWRU\ DSSURSULDWHO\ IRU PRVW IDLUZD\ PRZLQJ DSSOLFDWLRQV 1RWH $V FRPSUHVVHG VSULQJ OHQJWK $ '(&5($6(6 ZHLJKW WUDQVIHU IURP IURQW UROOHU WR UHDU UROOHU ,1&5($6(6 DQG FDUULHU IUDPH FXWWLQJ XQLW URWDWLRQ DQJOH % '(&5($6(6 7KH IROORZLQJ DGMXVWPHQWV DUH DYDLODEOH IR
5HDU &XWWLQJ 8QLW /RFDWH YDOYH LQ IURQW RI UHDU D[OH IRU UHDU FXWWLQJ XQLWV )LJ /RRVHQ ORFNLQJ ULQJ VHFXULQJ NQRE )LJ )LJXUH &DUULHU IUDPH PRXQWLQJ EROWV 5HDU %DOODVW 0RGHO :KHHO 'ULYH FRPSOLHV ZLWK WKH $16, % 6WDQGDUG ZKHQ WKH IROORZLQJ LV LQVWDOOHG RQ PDFKLQH )LJXUH $GMXVWPHQW YDOYH IRU UHDU FXWWLQJ XQLW /RFNLQJ ULQJ OEV RI FDOFLXP FKORULGH EDOODVW LV DGGHG WR UHDU ZKHHOV 5RWDWH YDOYH FORFNZLVH WR VORZ GRZQ GURS UDWH RI UHDU FXWWL
%HIRUH 2SHUDWLQJ ,I RLO OHYHO LV ORZ UHPRYH ILOOHU FDS DQG DGG 6$( : &' &( &) &) RU &* RLO XQWLO OHYHO UHDFKHV )8// PDUN RQ GLSVWLFN 'R QRW RYHUILOO 1RWH 'HWHUPLQH WKH OHIW DQG ULJKW VLGHV RI WKH PDFKLQH IURP WKH QRUPDO RSHUDWLQJ SRVLWLRQ &KHFNLQJ WKH (QJLQH 2LO &UDQNFDVH FDSDFLW\ LV TW / ZLWK ILOWHU 3DUN PDFKLQH RQ D OHYHO VXUIDFH 5HOHDVH KRRG ODWFK DQG RSHQ KRRG )LJ )LJXUH )LOOHU FDS ,QVWDOO ILOOHU FDS &ORVH KRRG DQG VHFXUH ODWFK &KHFNLQJ WKH
)LOOLQJ WKH )XHO 7DQN 'DQJHU 8QGHU FHUWDLQ FRQGLWLRQV GLHVHO IXHO DQG IXHO YDSRUV DUH KLJKO\ IODPPDEOH DQG H[SORVLYH $ ILUH RU H[SORVLRQ IURP IXHO FDQ EXUQ \RX DQG RWKHUV DQG FDQ FDXVH SURSHUW\ GDPDJH 8VH D IXQQHO DQG ILOO WKH IXHO WDQN RXWGRRUV LQ DQ RSHQ DUHD ZKHQ WKH HQJLQH LV RII DQG LV FROG :LSH XS DQ\ IXHO WKDW VSLOOV 'R QRW ILOO WKH IXHO WDQN FRPSOHWHO\ IXOO $GG IXHO WR WKH IXHO WDQN XQWLO WKH OHYHO LV LQ PP EHORZ WKH ERWWRP RI WKH ILOOHU QHFN 7KLV HPSW\ VSDFH LQ WKH WDQN DOORZV
*URXS +\GUDXOLF )OXLG 0RGHUDWH FOLPDWH³DYHUDJH GXW\ *XOI 1RWH 7KH IOXLGV ZLWKLQ WKLV JURXS DUH LQWHUFKDQJHDEOH 0DUDWKRQ ,62 ,62 9* PXOWL YLVFRVLW\ DQWL ZHDU K\GUDXOLF IOXLG 3HQQ]EHOO $: +\GUDXOLF 2LO 0RELO .HQGDOO $PRFR 5\NRQ 3UHPLXP ,62 &DVWURO $:+ &RQRFR +\GURFOHDU $: 09 *XOI +DUPRQ\ +9, $: .HQGDOO 7HOOXV 7 6XQ +\G 2LO 7H[DFR 5DQGR +'= 0RELOIOXLG $PRFR &KHYURQ &RQRFR )OXLG 7UDFWRU +\GUDXOLF )OXLG +\GURFOHDU 3RZHUWUDQ (VVR +\GUDXO *
)LJXUH )LJXUH +\GUDXOLF WDQN FDS 5HPRYH GLSVWLFN IURP ILOOHU QHFN DQG ZLSH LW ZLWK D FOHDQ UDJ ,QVHUW GLSVWLFN LQWR ILOOHU QHFN WKHQ UHPRYH LW DQG FKHFN OHYHO RI IOXLG )OXLG OHYHO VKRXOG EH ZLWKLQ LQFK RI PDUN RQ GLSVWLFN &KHFN GUDLQ SOXJ &KHFNLQJ WKH 5HDU $[OH /XEULFDQW 0RGHO 1R 2QO\ ,I OHYHO LV ORZ DGG DSSURSULDWH IOXLG WR UDLVH OHYHO WR IXOO PDUN 7KH UHDU D[OH LV VKLSSHG IURP WKH IDFWRU\ ILOOHG ZLWK 6$( : ZW JHDU OXEH &KHFN OHYHO EHIRUH HQJLQH LV ILU
&KHFNLQJ WKH 7LUH 3UHVVXUH &KHFNLQJ WKH 7RUTXH RI WKH :KHHO 1XWV RU %ROWV 7KH WLUHV DUH RYHU LQIODWHG IRU VKLSSLQJ 7KHUHIRUH UHOHDVH VRPH RI WKH DLU WR UHGXFH WKH SUHVVXUH &RUUHFW DLU SUHVVXUH LQ WKH IURQW DQG UHDU WLUHV LV SVL :DUQLQJ ,PSRUWDQW 0DLQWDLQ HYHQ SUHVVXUH LQ DOO WLUHV WR HQVXUH D JRRG TXDOLW\ RI FXW DQG SURSHU PDFKLQH SHUIRUPDQFH 'R QRW XQGHU LQIODWH )DLOXUH WR PDLQWDLQ SURSHU WRUTXH RI WKH ZKHHO QXWV FRXOG UHVXOW LQ SHUVRQDO LQMXU\ &KHFNLQJ WKH 5HHO WR %HGNQLIH &RQWDFW 7RU
2SHUDWLRQ .H\ 6ZLWFK 7KH NH\ VZLWFK )LJ KDV WKUHH SRVLWLRQV 2)) 21 3UHKHDW DQG 67$57 1RWH 'HWHUPLQH WKH OHIW DQG ULJKW VLGHV RI WKH PDFKLQH IURP WKH QRUPDO RSHUDWLQJ SRVLWLRQ 6SHHGRPHWHU &RQWUROV 7KH VSHHGRPHWHU )LJ LQGLFDWHV JURXQG VSHHG DW ZKLFK PDFKLQH LV WUDYHOLQJ 7UDFWLRQ 3HGDO 7KH WUDFWLRQ SHGDO )LJ FRQWUROV IRUZDUG DQG UHYHUVH RSHUDWLRQ 'HSUHVV WRS RI SHGDO WR PRYH IRUZDUG DQG ERWWRP WR PRYH EDFNZDUG *URXQG VSHHG GHSHQGV RQ KRZ IDU SHGDO LV GHSUHVVHG )RU QR ORDG PD[LPXP JU
*ORZ 3OXJ ,QGLFDWRU /LJKW :KHQ WKH LQGLFDWRU OLJKW )LJ LV OLW LQGLFDWHV JORZ SOXJV DUH RQ &KDUJH ,QGLFDWRU 7KH FKDUJH LQGLFDWRU )LJ LOOXPLQDWHV ZKHQ V\VWHP FKDUJLQJ FLUFXLW PDOIXQFWLRQV (QDEOH 'LVDEOH 6ZLWFK 7KH HQDEOH GLVDEOH VZLWFK )LJ LV XVHG LQ FRQMXQFWLRQ ZLWK ORZHU PRZ UDLVH FRQWURO OHYHU -R\VWLFN WR RSHUDWH UHHOV 5HHOV FDQ EH UDLVHG EXW QRW ORZHUHG ZKHQ LQ PLG SRVLWLRQ )LJXUH +RXU PHWHU %DFNODS .
6HDW %OHHGLQJ WKH )XHO 6\VWHP 7KH VHDW DGMXVWLQJ OHYHU )LJ DOORZV LQFK IRUH DQG DIW DGMXVWPHQW 7KH VHDW DGMXVWLQJ NQRE )LJ DGMXVWV VHDW IRU RSHUDWRUV ZHLJKW 7R DGMXVW VHDW IRUH DQG DIW SXOO OHYHU RQ OHIW VLGH RI VHDW DVVHPEO\ RXWZDUG $IWHU PRYLQJ VHDW WR GHVLUHG ORFDWLRQ UHOHDVH OHYHU WR ORFN VHDW LQWR SRVLWLRQ 7R DGMXVW IRU RSHUDWRUV ZHLJKW WXUQ VSULQJ WHQVLRQ NQRE FORFNZLVH WR LQFUHDVH WHQVLRQ FRXQWHUFORFNZLVH WR GHFUHDVH VSULQJ WHQVLRQ 3DUN WKH PDFKLQH RQ D OHYHO VXUIDFH 0DNH V
)LJXUH 5HHO FRQWURO OLJKW )LJXUH 3XVKLQJ RU 7RZLQJ WKH 0DFKLQH )XHO LQMHFWLRQ SXPS EOHHG VFUHZ ,Q DQ HPHUJHQF\ WKH PDFKLQH FDQ EH PRYHG E\ DFWXDWLQJ WKH E\SDVV YDOYH LQ WKH YDULDEOH GLVSODFHPHQW K\GUDXOLF SXPS DQG SXVKLQJ RU WRZLQJ WKH PDFKLQH 7XUQ NH\ LQ LJQLWLRQ VZLWFK WR WKH 21 SRVLWLRQ (OHFWULF IXHO SXPS ZLOO EHJLQ RSHUDWLRQ WKHUHE\ IRUFLQJ DLU RXW DURXQG DLU EOHHG VFUHZ /HDYH NH\ LQ 21 SRVLWLRQ XQWLO D VROLG VWUHDP RI IXHO IORZV RXW DURXQG VFUHZ 7LJKWHQ VFUHZ DQG WXUQ N
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
&RQQHFW WKH 'LDJQRVWLF $&( GLVSOD\ FRQQHFWRU WR WKH KDUQHVV FRQQHFWRU )LJ 0DNH VXUH FRUUHFW RYHUOD\ GHFDO LV SRVLWLRQHG RQ 'LDJQRVWLF $&( GLVSOD\ EOLQN RQ DQG RII ZKHQ FRUUHVSRQGLQJ VZLWFK LV FORVHG 5HSHDW RQ HDFK VZLWFK WKDW LV SRVVLEOH WR EH FKDQJHG E\ KDQG ,I VZLWFK LV FORVHG DQG DSSURSULDWH /(' GRHV QRW WXUQ RQ FKHFN DOO ZLULQJ DQG FRQQHFWLRQV WR VZLWFK DQG RU FKHFN VZLWFKHV ZLWK DQ RKP PHWHU 5HSODFH DQ\ GDPDJHG VZLWFKHV DQG UHSDLU DQ\ GDPDJHG ZLULQJ 7KH 'LDJQRVWLF $&( DOVR KDV WKH DE
,I WKH RXWSXW /('V DUH RQ DV VSHFLILHG EXW WKH PDFKLQH GRHV QRW IXQFWLRQ SURSHUO\ WKLV LQGLFDWHV D QRQ HOHFWULFDO SUREOHP 5HSDLU DV QHFHVVDU\ 7XUQ %DFNODS 6ZLWFK WR WKH )URQW RU 5HDU %DFNODS SRVLWLRQ 7XUQ WKH 5HHO &RQWURO 6ZLWFK WR (QDEOH SRVLWLRQ 1RWH 'XH WR HOHFWULFDO V\VWHP FRQVWUDLQWV WKH RXWSXW /('·V IRU ´67$57µ ´35(+($7µ DQG ´(75 $/7µ PD\ QRW EOLQN HYHQ WKRXJK DQ HOHFWULFDO SUREOHP PD\ H[LVW IRU WKRVH IXQFWLRQV ,I WKH PDFKLQH SUREOHP DSSHDUV WR EH ZLWK RQH RI WKHVH IXQFWLRQV EH FHUW
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
0DLQWHQDQFH 1RWH 'HWHUPLQH WKH OHIW DQG ULJKW VLGHV RI WKH PDFKLQH IURP WKH QRUPDO RSHUDWLQJ SRVLWLRQ 5HFRPPHQGHG 0DLQWHQDQFH 6FKHGXOH 0DLQWHQDQFH 6HUYLFH ,QWHUYDO 0DLQWHQDQFH 3URFHGXUH $IWHU ILUVW KRXUV &KHFN WKH IDQ DQG DOWHUQDWRU EHOW WHQVLRQ 7RUTXH WKH ZKHHO OXJ QXWV &KDQJH WKH K\GUDXOLF IOXLG &KDQJH WKH K\GUDXOLF ILOWHU $IWHU ILUVW KRXUV &KDQJH WKH HQJLQH RLO DQG ILOWHU &KHFN WKH HQJLQH 530 LGOH DQG IXOO WKURWWOH (YHU\ KRXUV /XEULFDWH DOO JUHDVH ILWWLQJV ,QV
&DXWLRQ ,I \RX OHDYH WKH NH\ LQ WKH LJQLWLRQ VZLWFK VRPHRQH FRXOG DFFLGHQWO\ VWDUW WKH HQJLQH DQG VHULRXVO\ LQMXUH \RX RU RWKHU E\VWDQGHUV 5HPRYH WKH NH\ IURP WKH LJQLWLRQ DQG GLVFRQQHFW WKH ZLUH IURP WKH VSDUN SOXJ EHIRUH \RX GR DQ\ PDLQWHQDQFH 6HW WKH ZLUH DVLGH VR WKDW LW GRHV QRW DFFLGHQWDOO\ FRQWDFW WKH VSDUN SOXJ 'DLO\ 0DLQWHQDQFH &KHFNOLVW 'XSOLFDWH WKLV SDJH IRU URXWLQH XVH )RU WKH ZHHN RI 0DLQWHQDQFH &KHFN ,WHP 0RQ 7XHV :HG 7KXUV &KHFN VDIHW\ LQWHUORFN RSHUDWLRQ &KHFN EUDNH RSHUDWL
/XEULFDWLRQ 7KH PDFKLQH KDV JUHDVH ILWWLQJV WKDW PXVW EH OXEULFDWHG UHJXODUO\ ZLWK 1R *HQHUDO 3XUSRVH /LWKLXP %DVH *UHDVH ,I PDFKLQH LV RSHUDWHG XQGHU QRUPDO FRQGLWLRQV OXEULFDWH DOO EHDULQJV DQG EXVKLQJV DIWHU HYHU\ KRXUV RI RSHUDWLRQ RU LPPHGLDWHO\ DIWHU HYHU\ ZDVKLQJ 7KH JUHDVH ILWWLQJ ORFDWLRQV DQG TXDQWLWLHV DUH &XWWLQJ XQLW FDUULHU IUDPH DQG SLYRW HD )LJ 5HDU D[OH WLH URG 6WHHULQJ F\OLQGHU EDOO MRLQWV )LJ )URQW OLIW F\OLQGHUV )LJ DQG 5HDU OLIW F\OLQGHU SLY
)LJXUH )LJXUH )LJXUH )LJXUH 6HUYLFH ,QWHUYDO &KDUW
6HUYLFLQJ WKH $LU &OHDQHU &KHFN DLU FOHDQHU ERG\ IRU GDPDJH ZKLFK FRXOG SRVVLEO\ FDXVH DQ DLU OHDN 5HSODFH D GDPDJHG DLU FOHDQHU ERG\ 6HUYLFH WKH DLU FOHDQHU ILOWHUV ZKHQHYHU DLU FOHDQHU LQGLFDWRU )LJ VKRZV UHG RU HYHU\ KRXUV PRUH IUHTXHQWO\ LQ H[WUHPH GXVW\ RU GLUW\ FRQGLWLRQV 'R QRW RYHU VHUYLFH WKH DLU ILOWHU )LJXUH $LU FOHDQHU SULPDU\ ILOWHU ,QVSHFW SULPDU\ ILOWHU DQG GLVFDUG LI GDPDJHG 'R QRW ZDVK RU UHXVH D GDPDJHG ILOWHU ,PSRUWDQW 1HYHU DWWHPSW WR FOHDQ D VDIHW\ ILOWH
&RPSUHVVHG $LU 0HWKRG $ %ORZ FRPSUHVVHG DLU IURP LQVLGH WR WKH RXWVLGH RI GU\ ILOWHU HOHPHQW 'R QRW H[FHHG SVL WR SUHYHQW GDPDJH WR WKH HOHPHQW % .HHS DLU KRVH QR]]OH DW OHDVW LQ IURP ILOWHU DQG PRYH QR]]OH XS DQG GRZQ ZKLOH URWDWLQJ WKH ILOWHU HOHPHQW ,QVSHFW IRU KROHV DQG WHDUV E\ ORRNLQJ WKURXJK WKH ILOWHU WRZDUG D EULJKW OLJKW ,QVSHFW QHZ ILOWHU IRU VKLSSLQJ GDPDJH &KHFN VHDOLQJ HQG RI ILOWHU 'R QRW LQVWDOO D GDPDJHG ILOWHU ,QVHUW QHZ ILOWHU SURSHUO\ LQWR DLU FOHDQHU ERG\
5HSODFH ILOWHU FDQLVWHU DIWHU HYHU\ KRXUV RI RSHUDWLRQ 'DQJHU &OHDQ DUHD ZKHUH ILOWHU FDQLVWHU PRXQWV 5HPRYH ILOWHU FDQLVWHU DQG FOHDQ PRXQWLQJ VXUIDFH 8QGHU FHUWDLQ FRQGLWLRQV GLHVHO IXHO DQG IXHO YDSRUV DUH KLJKO\ IODPPDEOH DQG H[SORVLYH $ ILUH RU H[SORVLRQ IURP IXHO FDQ EXUQ \RX DQG RWKHUV DQG FDQ FDXVH SURSHUW\ GDPDJH /XEULFDWH JDVNHW RQ ILOWHU FDQLVWHU ZLWK FOHDQ RLO ,QVWDOO ILOWHU FDQLVWHU E\ KDQG XQWLO JDVNHW FRQWDFWV PRXQWLQJ VXUIDFH WKHQ URWDWH DQ DGGLWLRQDO WXUQ
8QVFUHZ NQREV DQG SLYRW RLO FRROHU UHDUZDUG &OHDQ ERWK VLGHV RI RLO FRROHU DQG UDGLDWRU DUHD WKRURXJKO\ ZLWK FRPSUHVVHG DLU 'R QRW XVH ZDWHU 2SHQ KRRG DQG EORZ GHEULV RXW WRZDUG EDFN RI PDFKLQH 3LYRW RLO FRROHU EDFN LQWR SRVLWLRQ DQG WLJKWHQ NQREV )LJXUH )XHO LQMHFWRUV 0RYH WKURWWOH WR )$67 SRVLWLRQ 7XUQ NH\ LQ NH\ VZLWFK WR 67$57 SRVLWLRQ DQG ZDWFK IXHO IORZ DURXQG FRQQHFWRU (QJLQH ZLOO FUDQN 7XUQ NH\ WR 2)) SRVLWLRQ ZKHQ VROLG IORZ LV REVHUYHG )LJXUH 7LJKWHQ SL
&KHFN WHQVLRQ E\ GHSUHVVLQJ EHOW PLGZD\ EHWZHHQ DOWHUQDWRU DQG FUDQNVKDIW SXOOH\V ZLWK OE RI IRUFH %HOW VKRXOG GHIOHFW LQ ,I GHIOHFWLRQ LV LQFRUUHFW SURFHHG WR VWHS ,I FRUUHFW FRQWLQXH RSHUDWLRQ +ROG WKH LQMHFWLRQ SXPS OHYHU DUP DJDLQVW WKH KLJK LGOH VWRS DQG WLJKWHQ WKH FDEOH FRQQHFWRU 1RWH :KHQ WLJKWHQHG WKH FDEOH FRQQHFWRU PXVW EH IUHH WR VZLYHO 7RUTXH WKH ORFN QXW XVHG WR VHW WKH IULFWLRQ GHYLFH RQ WKH WKURWWOH OHYHU WR LQ OE 7KH PD[LPXP IRUFH UHTXLUHG WR RSHUDWH
,PSRUWDQW 8VH RI DQ\ RWKHU ILOWHU PD\ YRLG WKH ZDUUDQW\ RQ VRPH FRPSRQHQWV :DUQLQJ 3RVLWLRQ PDFKLQH RQ D OHYHO VXUIDFH ORZHU WKH FXWWLQJ XQLWV VWRS WKH HQJLQH HQJDJH WKH SDUNLQJ EUDNHV DQG UHPRYH NH\ IURP LJQLWLRQ VZLWFK +\GUDXOLF IOXLG HVFDSLQJ XQGHU SUHVVXUH FDQ SHQHWUDWH VNLQ DQG FDXVH LQMXU\ 0DNH VXUH DOO K\GUDXOLF IOXLG KRVHV DQG OLQHV DUH LQ JRRG FRQGLWLRQ DQG DOO K\GUDXOLF FRQQHFWLRQV DQG ILWWLQJV DUH WLJKW EHIRUH DSSO\LQJ SUHVVXUH WR WKH K\GUDXOLF V\VWHP .HHS \RXU ERG\ DQG KDQGV DZD
$GMXVWLQJ WKH 7UDFWLRQ 'ULYH IRU 1HXWUDO 7KH PDFKLQH PXVW QRW FUHHS ZKHQ WUDFWLRQ SHGDO LV UHOHDVHG ,I LW GRHV FUHHS DQ DGMXVWPHQW LV UHTXLUHG 3DUN PDFKLQH RQ D OHYHO VXUIDFH VKXW HQJLQH RII DQG ORZHU FXWWLQJ XQLWV WR WKH IORRU 'HSUHVV RQO\ WKH ULJKW EUDNH SHGDO DQG HQJDJH WKH SDUNLQJ EUDNH -DFN XS OHIW VLGH RI PDFKLQH XQWLO IURQW WLUH LV RII WKH VKRS IORRU 6XSSRUW PDFKLQH ZLWK MDFN VWDQGV WR SUHYHQW LW IURP IDOOLQJ DFFLGHQWDOO\ 1RWH 2Q ZKHHO GULYH PRGHOV OHIW UHDU WLUH PXVW DOVR E
+\GUDXOLF 6FKHPDWLF³ :KHHO 'ULYH 7 5 $ + & ( 5 8 6 6 ( 5 3 ' 1 $ ( 7 $ 5 : 2 / ) 7 1 ( 0 ( & $ / 3 6 , ' ( ,6 $ 5 5 ( : 2 / ( 0 7 3 $ / 5 :0 2 / 3 ) * 6 5 $ % Q L V OE Y H 7 1 U ( P 0 F ( & $ Y / 3 UH 6 , Q ' L 7 1 ( 1 2 3 3 0 2 & ( 5 8 6 6 ( 5 3
+\GUDXOLF 6FKHPDWLF³ :KHHO 'ULYH ( 0 7 3 $ / 5 :0 2 / 3 ) * 7 5 $ + & ( 5 8 6 6 ( 5 3 ' 1 $ ( 7 $ 5 ( ,6 $ 5 ( 5 8 6 6 ( 5 3 6 5 $ % Q LV OE Y 7 UH 1 ( P 0 F ( :& Y 2 $ H / / ) 3 U 7 6 , LQ 1 ' 7 ( 1 0 ( ( 1 & 2 $ / 3 3 3 0 6 , 2 ' & 5 ( : 2 /
$GMXVWLQJ WKH 6HUYLFH %UDNHV $GMXVW WKH VHUYLFH EUDNHV ZKHQ WKHUH LV PRUH WKDQ LQFK RI IUHH WUDYHO RI WKH EUDNH SHGDO RU ZKHQ WKH EUDNHV GR QRW ZRUN HIIHFWLYHO\ )UHH WUDYHO LV WKH GLVWDQFH WKH EUDNH SHGDO PRYHV EHIRUH EUDNLQJ UHVLVWDQFH LV IHOW 'LVHQJDJH ORFNLQJ SLQ IURP EUDNH SHGDOV VR ERWK SHGDOV ZRUN LQGHSHQGHQWO\ RI HDFK RWKHU 7R UHGXFH IUHH WUDYHO RI EUDNH SHGDOV WLJKWHQ WKH EUDNHV E\ ORRVHQLQJ WKH IURQW QXW RQ WKH WKUHDGHG HQG RI WKH EUDNH FDEOH )LJ 7KHQ WLJKWHQ UHDU QXW WR PRYH
&KDQJLQJ WKH 5HDU $[OH /XEULFDQW %DWWHU\ &DUH :DUQLQJ $IWHU HYHU\ KRXUV RI RSHUDWLRQ WKH RLO LQ WKH UHDU D[OH PXVW EH FKDQJHG %DWWHU\ SRVWV WHUPLQDOV DQG UHODWHG DFFHVVRULHV FRQWDLQ OHDG DQG OHDG FRPSRXQGV FKHPLFDOV NQRZQ WR WKH 6WDWH RI &DOLIRUQLD WR FDXVH FDQFHU DQG UHSURGXFWLYH KDUP :DVK KDQGV DIWHU KDQGOLQJ 3RVLWLRQ PDFKLQH RQ D OHYHO VXUIDFH &OHDQ DUHD DURXQG WKH GUDLQ SOXJV RQ HDFK HQG DQG LQ WKH FHQWHU )LJ ,PSRUWDQW %HIRUH ZHOGLQJ RQ D PDFKLQH GLVFRQQHFW ERWK FDEOH
2SWLRQDO /LJKWLQJ SRVWV DQG FDEOH FRQQHFWRUV ZLWK *UDIR ; VNLQ RYHU JUHDVH 7RUR 3DUW 1R RU SHWUROHXP MHOO\ WR SUHYHQW FRUURVLRQ ,PSRUWDQW ,I RSWLRQDO OLJKWLQJ LV EH DGGHG WR WKH WUDFWLRQ XQLW XVH WKH VFKHPDWLF LQ )LJXUH DQG SDUW QXPEHUV OLVWHG EHORZ WR SUHYHQW GDPDJH WR WKH WUDFWLRQ XQLWV HOHFWULFDO V\VWHP 'DQJHU %DWWHU\ HOHFWURO\WH FRQWDLQV VXOIXULF DFLG ZKLFK LV D GHDGO\ SRLVRQ DQG FDXVHV VHYHUH EXUQV 7R /LJKWV Z H[WHUQDO JURXQG %ODFN 'R QRW GULQN HOHFWURO\WH DQG DYRLG FRQWDFW ZL
(OHFWULFDO 6FKHPDWLF (7, + : . &$/ % ) (7, + : '( 5 ( ' 1 $ & & . & $ / % % $ / (7, + : 1 $ & . . & $ / % . & $ / % . / ( 8/ % ) +&7, :6 7 1 25) 3$/ . &$% 3 5 .1 , 3 (7, + : . &$/ % 7 (/ 2 , 9 .
%DFNODSSLQJ 0DNH LQLWLDO UHHO WR EHGNQLIH DGMXVWPHQWV DSSURSULDWH IRU EDFNODSSLQJ RQ DOO FXWWLQJ XQLWV ZKLFK DUH WR EH EDFNODSSHG 'DQJHU 6WDUW HQJLQH DQG UXQ DW LGOH VSHHG 7KH UHHOV PD\ VWDOO ZKLOH EDFNODSSLQJ DQG FRXOG UHVWDUW VXGGHQO\ &RQWDFW ZLWK WKH UHHOV GXULQJ EDFNODSSLQJ ZLOO FDXVH SHUVRQDO LQMXU\ &DXWLRQ &RQWDFW ZLWK WKH UHHOV RU RWKHU PRYLQJ SDUWV FDQ UHVXOW LQ SHUVRQDO LQMXU\ 1HYHU SODFH KDQGV RU IHHW LQ WKH UHHO DUHD ZKLOH WKH HQJLQH LV UXQQLQJ 1HYHU DWWHPSW WR WXUQ WKH UHHO
/LJKWO\ VDQG DQG XVH WRXFK XS SDLQW RQ SDLQWHG DUHDV WKDW DUH VFUDWFKHG FKLSSHG RU UXVWHG 5HSDLU DQ\ GHQWV LQ WKH PHWDO ERG\ 6HUYLFH WKH EDWWHU\ DQG FDEOHV DV IROORZV $ 5HPRYH WKH EDWWHU\ WHUPLQDOV IURP WKH EDWWHU\ SRVWV % &OHDQ WKH EDWWHU\ WHUPLQDOV DQG SRVWV ZLWK D ZLUH EUXVK DQG EDNLQJ VRGD VROXWLRQ & &RDW WKH FDEOH WHUPLQDOV DQG EDWWHU\ SRVWV ZLWK *UDIR ; VNLQ RYHU JUHDVH 7RUR 3DUW 1R RU SHWUROHXP MHOO\ WR SUHYHQW FRUURVLRQ ' 6ORZO\ UHFKDUJH WKH EDWWHU\ HYHU\ GD\V IRU
7KH 7RUR *HQHUDO &RPPHUFLDO 3URGXFWV :DUUDQW\ $ 7ZR