,WHP 'HVFULSWLR Q
.H\ERDUG )RUHQWHULQJGDW DLQWR \RXUFRPSXWHU
7RXFKSDG
FOLFN E XWWRQ
7RXFKVHQVLWLYH SRLQ WLQJ GHYLF H ZKL FK
IXQFWLRQV OLNH D FRPSX WHU P RXVH
3UHVVLQ J GRZQ DQ\ZKHUH RQ WK H SDG
IXQFWLR QV OLNH WKH OHIWEXWWRQ RI D P RXVH
3UHVVLQ J GRZQ DQ\ ZKHUHZLWK WZRIL QJHUV
IXQFWLR QV OLNH WKH ULJKW EXWWRQ RI D PRXVH
3RZHU NH\ 7XUQVWKHFR PSXWHURQDQ G RII
,WHP 'HVFULSWLR Q
0LFURSKRQ H ,QWHUQDO PLFURSK RQH
:HEFDP
:HE F DPHUD IRU YLGHR
FRPPX QLFDWLRQ
$ OLJK WQH[WW RWKHZHEF DP
LQGLFDW HV WK DW WKH Z HEFDP LV
DFWLYH
6FUHHQ 'LVSOD \VFRPSXW HU R XWSXW
8VHU 0DQXDO
3OH DVH U HDG FDU HIX OO\ E HIR UH XV H
*HWWLQJ VWDUWHG
7XUQ RQ \RXU &KURPHERRN
&RQQHFW WK H SRZHU DGDSWHU DQG WXUQ RQ \RXU &KURPHERRN
7KHSRZHU EXWWRQ LV ORFDWHG DW WKH XSSHUULJKW FRUQHU RI WKH
NH\ERDUG
&RQQHFW WR \RXU QHWZRUN
6HOHFW \RXU ZLUHOHVV QHWZRUN IURP WKH 6HOHFW D QHW ZRUN OLVW
WR FRQQHFW WR WKH ,QWHUQHW ,I \RXU QHWZRUN DFFHVV LV SURWHFWHG
\RX ZLOO QHHG WR LQSXW WKH SDVVZRUG WRFRQQHFW WRLW
:DLW IRU XSGDWH WR ILQLVK
2QFH FRQQHFWHG WR W KH LQW HUQHW DFF HSW WKH 7HUPV RI 6HUYLFH
<RXU &KURP HERRN ZLOO WKHQ GRZQOR DG DQ\ DYDLODEO H V\VW HP
XSGDWHV VR \RX DXWRPDWLFDOO\ JHW WKH ODWHVW &KURPH 26
IHDWXUHV
6LJQ LQ WR \RXU *RRJOH DFFRXQW RU FUHDWH D
QHZ DFFRXQW
,I\RXDOUHDG\KDYH D *RRJOH $FFRXQW HQWHU \RXUXVHUQDPH
DQG SDVVZRUG WR VLJQ LQ , I \RXGRQ ¶W DOUHDG\ KDYH RQH &OLFN
&UHDWHD *RRJOH $FFRXQWRQ WKH ULJKW WR VHW XS D QHZ
DFFRXQW$ *RRJOH $FFRX QW JLY HV \RX DFFHVV WR XVHIXO Z HE
VHUYLFHV GHYHORSHG E\ *RRJOH VXFK DV *P DLO *RRJOH 'RFV
DQG *RRJOH &DOHQGDU
,PSRUWDQW 6LJQ LQ ZLWK \RXU SULPDU \ *RR JOH$F FRXQW7 KLV DF FRXQW ZLOO EH V HW DV WKH
RZQHU DQG LVWKH RQO\ DFFRXQW WKDW ZLOO EH DEOH WR FKDQJH F HUWDLQ &KURPH VHWWLQJV
<RXU &KURPHERRN WRXU
1RZ WKDW \RX DUHGR QH VHWWLQJLW XS OHW XVVKRZ \RXDURXQG \RXUQHZ
&KURPHERRN
)URQW YLHZ
.H\ERDUG YLHZ
6KRUWFXW NH\V
7R KHOS \RX ILQG WKLQJV TXLFNO\ \RXU &KURPHERRN NH\ERDUG KDV VSHFLDO
VKRUWFXW NH\V LQFOXGLQJ D GHGLFDWHG VHDUFK NH\ 7KH VKRUWFXWNH\V PDNH
LW HDV\ W R JHW DURXQG RQOLQH DQG FRQWURO \RXU &KURPHERRN DQG WKH VHDUFK
NH\ OHWV \RX VHDUFK \RXU DSSV DQG WKH ZHEDW WKH VDPH WLPH
6RPH VSHFLDO NH\V VLW DORQJ WKH WRS RI &KURPHERRN NH\ERDUGV ,I \RXUH
XVLQJ D :LQGRZV NH\ERDUG ZLWK \RXU &KURPHERRN WKH ) NH\V DW WKH WRS
RI WKH NH\ERDUG ZLOO ZRUN MXVW OLNH WKH NH\V EHORZ
*R WR WKH SUHYLRXV SDJH LQ \RXU EURZVHU KLVWRU\ )
*R WR WKH QH[W SDJH LQ \RXU EURZVHU KLVWRU\ )
5HORDG \RXU FXUUHQW SDJH )
(QWHU ,PPHUVLYH PRGH ZKLFK KLGHV WKH WDEV DQG ODXQFKHU )
(QWHU 2YHUYLHZ PRGH ZKLFK VKRZV DOO ZLQGRZV )
'HFUHDVH
VFUHHQ EULJKWQHVV )
,QFUHDVH VFUHHQ EULJKWQHVV )
0XWH )
'HFUHDVH WKH YROXPH )
,QFUHDVH WKH YROXPH )
6HDUFK \RXU DSSV DQG WKH ZHE DW WKH VDPH W LPH 2Q D
&KURPHERRN WKLV NH\ LV ORFDWHG RQ WKH VLGH ZKHUH \RXG
QRUPDOO\ ILQG WKH &DSV /RFN NH\ ,
I \RXUH XVLQJ D UHJXODU
NH\ERDUG WKH :LQGRZV NH\ LQ EHWZHHQ &WUO DQG $OW ZLOO
ZRUN DV WKH VHDUFK NH\
7LS 7R WXUQ&DSV ORFN RQ WHPSRUDULO\SUHVV $OW WKHVHDUFK NH\
7RXFKSDG
:KHQ \RXUH XVLQJ D &KURPHERRN XVH WKH WRXFKSDG WR PRYH WKH SRLQWHU
DQG VHOHFW LWHPV RQWKH VFUHHQ +HUH DUH VRPH JHVWXUHV DQG DFWLRQV
VXSSRUWHG E\ WKH WRXFKSDG
0RYH WKH SRLQWHU 6LPSO\ PRYH \RXU ILQJHU DFURVV WKH
WRXFKSDG
&OLFN 3UHVVGRZQ RQ WKH ORZHU KDOIRI WKH WRXFKSDG
6LQFH WDSWRFOLFN LV RQE\GHIDXOW \RXFDQ TXLFNO\ WDS
WKH WRXFKSDGWR FOLFN
5LJKWFOLFN &OLFNWKHWRXFKSDG ZLWK WZRILQJHUV RU
KROG $OW ZKLOH GRLQJDVLQJOHFOLFN
0LGGOHFOLFN &OLFN WKH WRXFKSDG ZLWKWKUHH ILQJHUV
6FUROO 3ODFH WZRILQJHUV RQ WKH WRXFKSDGDQG
PRYH WKHP XSDQGGRZQ WR VFUROOYHUWLFDOO\OHIWDQG
ULJKW WR VFUROOKRUL]RQWDOO\
,I \RX KDYH $XVWUDOLDQVFUROOLQJ HQDEOHGPRYHWZR
ILQJHUV XS WR VFUROO GRZQ,WZRUNV LQ WKH VDPHZD\
DVVD\ \RXU VPDUWSKRQHRU WDEOHW,I\RXKDYH
PXOWLSOHEURZVHU WDEV RSHQ \RXFDQDOVRVZLSH OHIW
DQGULJKW ZLWKWKUHH ILQJHUV WR TXLFNO\ PRYH
EHWZHHQ WDEV
6ZLSH 4XLFNO\ PRYHWZR ILQJHUV OHIWRU ULJKW W R JR
EDFNZDUGRU IRUZDUG RQ ZHE SDJHVRUZKLOH XVLQJ
DSSV <RX FDQDOVR VZLSHXS ZLWK WKUHH ILQJHUVWR
VHH DOO RI\RXU RSHQ ZLQGRZV
'UDJDQGGURS&OLFNWKHLWHP\RXZDQWWR PRYH
ZLWKRQHILQJHU :LWK DVHFRQG ILQJHU P RYHWKH
LWHP 5HOHDVH ERWKILQJHUVWRGURSWKHLWHP DWLWV
QHZ ORFDWLRQ
/HIW VLGH YLHZ
,WHP 'HVFULSWLR Q
'&LQ &RQQHFWV WRWKH FKDUJHU
/(' OLJKW V ,Q GLFDWHV WKH &KURP HERRNVSRZ HUVWDWXV
+'0, SRUW 6X SSRUWV KLJ KGHILQLWLRQ YLGHR FRQQHFWL RQV
86% SRUW &RQQHFWV WR86% GHYL FHV
7) FDUG $FFHSWV6HFXU H'LJLWDO 7)FDUGV
&RQQHFWV WRDX GLRGHYLFHV
$XGLR MDFN
HJ VSHDN HUV KHDGSKRQHV RU D
KHDGVHWZLWK PLFURSK RQH
5LJKW VLGH YLHZ
,WH P
86% SRUW
.HQV LQJWRQ ORF N VORW
'HVFULSWLR Q
&RQQHFWV WR 86%GH YLFHV
&RQQHFWV WR D .HQVLQ JWRQ
FRPSDWLEOH FRPS XWHUVHFXULW\
ORFN
%RWWRP YLHZ
,WHP
6SHDNHUV
%DWW HU\ O RFN
'HVFULSWLR Q
/HIWDQG ULJKW VSHDNHU VGHOLYHU
VWHUHR DXGLR RXWSXW
6OLGH W R UHP RYH WK H EDWW HU\
1RWH ZKHQ \RX U HORDG W KH E DWWHU\
\RX Q HHG W R FRQQ HFW WKH FKDUJ HU
ILUVW WR SRZ HU RQ \RXU &KURP HERRN
LFDWLRQ
)&& &RPSOLDQFH 6WDWHPHQW
7KLV GHYLF H FRPSOLHV ZLWK 3DUW RI WKH ) && 5XOHV
2SHUDWLRQ LV VX EMHFW WR WKH I ROORZLQJ WZR FR QGLWLRQV
WKLV G HYLFH PD\ Q RW FDXVH K DUPIXO LQWHU IHUHQFH DQG WKLV GHYLFH PXVW DFFHSW DQ\ LQWHUIHUH QFH
UHFHLYHGLQFOXGLQJ LQW HUIHUHQFH WKDW PD\ F DXVH XQGHVLUHG RSHU DWLRQ
3OHDVH 1RWH 7 KLV HTXLSP HQW KDVEHHQ WHVWHG DQG IR XQG WR FRP SO\ ZLWK WKH OLPLWVIRU D &ODVV %
GLJLWDO G HYLFH SXUVXDQW W R SDUW RI WKH )&& 5XOHV 7K HVH OLPLWV DUH GHVLJQ HG WR SURYLG H UHDVRQDEOH
SURWHFWLRQ DJDLQVW KDUPIXO LQWHUIHUHQF H LQ D UHVL GHQWLDO LQV WDOODWLRQ 7KLV HTXLS PHQW JHQHUDWHV XVHV
DQG FD Q UDGLDWH UDGLR IU HTXHQF\ HQHUJ\ DQG LI QRW LQVWDOOHG DQG XVH G LQ DFFRUGD QFH ZLWK WK H
LQVWUXFWLRQV P D\ FDXVH KDUP IXO LQWHUIHUHQF H WR UDGLR FRP PXQLFDWLRQV +R ZHYHU WKHUH LV QR
JXDUDQWHH WKDW L QWHUIHUHQFH ZLO O QRW RFFXU LQ D SDUWLF XODU LQVWDOODWLRQ ,I WKLV HTXLSPH QW GRHV FDXVH
KDUPIXO LQW HUIHUHQFH WR U DGLR RU WHOHYLVLR Q UHFHSWLRQ ZKL FK FDQ E H GHWHUPLQHG E\ WXUQLQJ WK H
HTXLSPH QW RII D QG RQ W KH XVHU LV HQFRXUDJHG W R WU\ WR F RUUHFW WKH LQWHUI HUHQFH E\ R QH RU P RUH RI WK H
IROORZLQJ PHDVXUHV
5HRULHQW RU UHORFDWH W KH UHFHLYLQJ DQWH QQD
,QFUHDVH WKH VHSDUDWLR Q EHWZHHQ WKH HTXLSPHQW DQG WKH UHF HLYHU
&RQQHFW WKH HTXLSP HQW LQWR DQ RXWOHW RQ D FLUFXLW GLIIHUHQW IUR P WKDW W R ZKLFK
WKH UHFHLYHU LV FRQQHFWHG
&DXWLRQ 7R FRP SO\ ZLWK W KH OLPLWV IRU DQ )&& & ODVV % FRP SXWLQJ GHYLFH DOZD\ V XVH WK H
VLJQDO FRUG DQ G SRZHU FRUG VXSSOLHG ZLW KW KLV XQLW
7KH )HGHU DO FRPPXQLFDWLRQV &RPPLVVLRQ ZDUQV WKDW FK DQJHV RU P RGLILFDWLRQV WR W KH XQLW QRW
H[SUHVVO\ DSSUR YHG E\ WKH SDUW\ UHVSRQVLEO H IRU FRPSOLDQFH F RXOG YRLG WKH XVHU¶V DXWKRULW \ WR
RSHUDWH WK H HTXLSPHQW
(XURSHD Q1 RWLFH
3URGXFWV ZLWK WKH &( PDUNLQJ F RPSO\ ZLWK ER WK WKH ( 0& 'LUHFWLYH ((& ((& DQG
WKH /RZ 9 ROWDJH 'LUHFWLYH ((& LVV XHG E\ WK H &RPPLVVLRQ RI WKH (XUR SHDQ &RPPXQLW \
7KH (XURSHDQ GLUHFWLRYH(& RQ :DVWH (OHFWULFDO DQG (OHFWURQLF (TXLSPHQW :(((
UHTXLUHV WKDW ROG KRXVHKROG HOHFWULFDODSSOLDQFHV PXVW QRW EH GLVSRVHG RI LQ WKH QRUPDO XQVRUWHG
PXQLFLSDO ZDVWH VWUHDP 2OG DSSOLDQFHVPXVW EHF ROOHFWHG VHSDUDWHO\ LQ RUGHU WR RSWLPL]H WKH
UHFRYHU\ DQG UHF\FOLQJ RI WKH PDWHU LDOV WKH\ FRQWDLQ DQG UHGXFH WKH LPSDFWRQ KXPDQ KHDOWK DQG
WKH HQYLURQPHQW7KH FURVV HG RXW ³ZKHHOHG ELQ´V\PERO RQ WKH SURGXFW UHPLQGV \RX RI \RXU
REOLJDWLRQWKDW ZKHQ \RX G LVSRVHRI WKH DSSOLDQFH LW PXVW EH VHSDUDWH O\ FROOHFWHG
/L3RO\PHU %DWWHU\ :DUQLQJ
7KLV &KURPHERRNF RQWDLQV D /LSRO\PHUEDWWHU\ WR SRZHU WKH FORFN DQG FDO HQGDU FLUFXLWU\
&DXWLRQ'DQJHU RI H[SORVLRQ LI EDWWHU\LV UHSODFHG LQFRUUHFWO\ 2QO\ TXDOLILHG VHUYLFH WHFKQLFLDQV
6KRXOG UHSODFH DQG GLVFDUG WKH EDWWHU\ 5HSODFH RQO\ZLWK WK HV DPH RU HTXLYDOHQWW \SH UHFRPPHQGHG E\ WKH
PDQXIDFWXUHU'LVFDUG XVHGEDWWHULHV DFFRUGLQJ WR WKH PDQXIDFWXUHU¶V LQVWUXFWLRQV
7UDYHO 1RWLFH
7RUHGXFH WKH ULVN RI HOHFWULFV KRFN ILUH RU GDPDJH WR WKH HTXLSPHQW GR QRW
DWWHPSWWR SRZHU W KHF RPSXWHU ZLWK D YROWDJH FRQYHUWHU N LW VROG IRU DSSOLDQFHV
/&' +' /&'
3ODWIRUP
$50EDVHG 4XDG