User manual SIEMENS GIGASET 3015 CONFORT

[. . . ] *LJDVHW&RPIRUW*%5$*% XPVFKOBYIP *LJDVHW &RPIRUW 2SHUDWLQJ, QVWUXFWLRQV DQG6DIHW\3UHFDXWLRQV 8 *LJDVHW&RPIRUW*%5$*% XPVFKOBYIP *LJDVHW&RPIRUW*%5$*% XPVFKOBYIP *HQHUDO *HQHUDO *HQHUDO 6DIHW\SUHFDXWLRQV q 2QO\XVHWKHSOXJW\SH$&DGDSWHUVXSSOLHGDVLQGLFDWHGRQWKHXQGHUVLGHRIWKHXQLW q 1HYHUXVHRUGLQDU\QRQUHFKDUJHDEOHEDWWHULHV2QO\XVHDSSURYHGEDWWHULHVRIWKHVDPH *LJDVHW&RPIRUWKDQGVHWEULHIRYHUYLHZ %DVHQDPH r FRQVWDQWUHDG\IRU GLDOOLQJUHFHLSW r IODVKLQJQR FRQQHFWLRQ &KDUJLQJVWDWXV 7 IXOO HPSW\ 8 W\SHUHFKDUJHDEOHDVRWKHUZLVHEDWWHU\GDPDJHFDQUHVXOWGDQJHURXVVHHWKHWDEOHRQ SDJH 'LVSOD\NH\V VHHEHORZ 2SHQPHQX +DQGVIUHHWDONLQJ RQRII 7DON r DFFHSWFDOO r GLDOFDOOQXPEHU 'LUHFWRU\ DFWLYDWH (QGFDOO r HQGFDOO r KDQGVHWRQRII KROGNH\GRZQ r FDQFHOIXQFWLRQ 2QcU! M, +[ q 0HGLFDOHTXLSPHQWFDQEHDIIHFWHGE\WKHKDQGVHW q 7KHKDQGVHWFDQFDXVHDQXQSOHDVDQWKXPPLQJVRXQGLQKHDULQJDLGV q 'RQRWLQVWDOOWKHEDVHVWDWLRQLQEDWKURRPVRUVKRZHUV q 'RQRWRSHUDWHWKHWHOHSKRQHLQHQYLURQPHQWVZKHUHWKHUHLVULVNRIH[SORVLRQHJSDLQW VKRSV q 'LVSRVHRIEDWWHULHVDQGWKHWHOHSKRQHLQDQHQYLURQPHQWDOO\IULHQGO\PDQQHULQDFFRUGDQFH ZLWKWKHUHOHYDQWOHJLVODWLRQ SDUW\ q (QVXUHWKDWWKHRSHUDWLQJLQVWUXFWLRQVDUHLQFOXGHGZKHQSDVVLQJRQ\RXU*LJDVHWWRDWKLUG q 7KHKDQGVHWnVEDWWHU\FRPSDUWPHQWVIHDWXUHWKHIROORZLQJGLDJUDPV 5HFDOONH\ r IRUV\VWHPV VHOHFWVHUYLFH r LQVHUWSDXVH KROGNH\GRZQ . H\SDGSURWHFWLRQ RQRII KROGNH\GRZQ + _ , QVHUWUHFKDUJHDEOHEDWWHULHVFRUUHFWO\LQDFFRUGDQFHZLWK SRODULW\V\PEROV 2SHUDWHEDWWHU\W\SHLQDFFRUGDQFHZLWKWKHVHRSHUDWLQJ LQVWUXFWLRQV , GOHGLVSOD\GLVSOD\NH\V 5HFHSWLRQUDQJH 8 9^dUb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 )XQFWLRQVDUHDFWLYDWHGZLWKWKH69&GLVSOD\NH\GXULQJDFDOO 6FUROOWRWKHUHTXLUHGHQWU\ &DOOEDFNDFDOOHUr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q RQO\XQDQVZHUHGFDOOVDUHVDYHG q DOOLQFRPLQJFDOOVDUHVDYHG )XQFWLRQVGXULQJDFDOO 69& <(QTXLU\&DOO = RU <7RJJOH = RU <:D\&DOO = RU <5LQJ%DFN = 6DYHDQDXWRPDWLFFDOOEDFN , QLWLDWHDZD\FDOO 7RJJOHEHWZHHQFDOOHUV $FWLYDWHIXQFWLRQV 7RVHOHFWDQGVWDUWWKHUHTXLUHGIXQFWLRQ , QLWLDWHDQHQTXLU\FDOO + 6(7"= HJs = , QLWLDWHWKHIXQFWLRQr&DOOV/LVWLVGLVSOD\HG )RUH[DPSOHVHWDOOFDOOV 8QDQVZHUHGFDOOV DOOFDOOV 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ 'HOHWLQJWKHFDOOHUOLVW $OOHQWULHVDUHGHOHWHGIURPWKHFDOOHUOLVW + 6(7 } = 6\VWHP3, 1 = = , QLWLDWHWKHIXQFWLRQ (QWHUWKHEDVHVWDWLRQnVV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJ 'HOHWHWKHFDOOHUOLVWDQGWHUPLQDWHWKHIXQFWLRQ *LJDVHW&RPIRUW*%5$*% NRPIRUWIP (QKDQFHGWHOHSKRQH IHDWXUHV 3UHVVNH\V 2SHQOLVWHQLQJDWWKHEDVH 3HUVRQVSUHVHQWFDQOLVWHQLQRQDQH[WHUQDOFDOOYLDWKHORXG VSHDNHUDWWKHEDVHVWDWLRQ<RXFDQDFWLYDWHDQGGHDFWLYDWH WKHRSHQOLVWHQLQJIXQFWLRQGXULQJDFDOO $FWLYDWLQJGHDFWLYDWLQJRSHQOLVWHQLQJ +y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 <RXFDQVWRUHSUHIL[HVIRUWHOHSKRQHFRPSDQLHVDQGIUHTXHQW O\XVHGFDOOQXPEHUVLQWKHQHWZRUNDFFHVVOLVWM7KLV VLPSOLILHVGLDOOLQJIRU\RX 8VLQJWKHGLUHFWRU\DQGWKHQHWZRUNDFFHVVOLVWLVLGHQWLFDO /LQNLQJFDOOQXPEHUV M< 9 'LVSOD\1XPEHU = HJP D 2SHQWKHQHWZRUNDFFHVVOLVWDQGVHOHFWDQXPEHU 2SHQWKHVXSSOHPHQWDU\PHQXDQGFRQILUPDIXQFWLRQrWKH QXPEHULVGLVSOD\HG (LWKHUHQWHUWKHXVHUnVFDOOQXPEHURURSHQWKHGLUHFWRU\DQG VHOHFWDQXPEHU 6WDUWGLDOOLQJrWKHWHOHSKRQHQXPEHUVDUHGLDOOHGRQHDIWHUWKH RWKHU 6SHHGGLDOOLQJIURPWKHQHWZRUNDFFHVVOLVW r <RXFDQVDYHQXPEHUVLQWKHQHWZRUNDFFHVVOLVWIRU VSHHGGLDOOLQJ7KHVHVSHHGGLDOQXPEHUVPXVWEH HQWHUHGEHIRUHWKHQDPHHJ1DPH r +ROGGRZQWKHUHOHYDQWGLJLWNH\WRGLVSOD\WKHQXPEHU VDYHG 3UHUHTXLVLWHVSHHGGLDOQXPEHULVVDYHG HJ HJP D +ROGGRZQWKHUHOHYDQWGLJLWNH\rHJDQGWKHQXPEHU VDYHGXQGHUWKHQDPH1DPHLVGLVSOD\HG (QWHUWKHXVHUnVFDOOQXPEHURURSHQWKHGLUHFWRU\DQGVHOHFW WKHQXPEHU 6WDUWGLDOOLQJrWKHWZRSDUWVRIWKHFDOOQXPEHUDUHGLDOOHGRQH DIWHUWKHRWKHU *LJDVHW&RPIRUW*%5$*% NRVWHQIP *LJDVHW&RPIRUW*%5$*% NRVWHQIP &RVWHIIHFWLYHWHOHSKRQLQJ 3UHVVNH\V &RVWHIIHFWLYHWHOHSKRQLQJ 'LVSOD\LQJWKHFDOOGXUDWLRQ 7KHKDQGVHWDXWRPDWLFDOO\GLVSOD\VWKHFXUUHQWFDOOGX UDWLRQLIFDOOFKDUJHSXOVHVDUHQRWWUDQVIHUUHG 3UHVVNH\V 'LVSOD\LQJGHOHWLQJWRWDOFKDUJHV <RXFDQGLVSOD\WKHWRWDOFKDUJHVIRUHDFKKDQGVHWDQGIRUDOO KDQGVHWV2IFRXUVHLIXQLWVDUHVHWXQLWVDUHGLVSOD\HGLQ VWHDGRIWRWDOFKDUJHV + 6(7"= 6\VWHP3, 1= , QLWLDWHWKHVHWWLQJr7RWDO&KDUJHLVGLVSOD\HG (QWHUWKHEDVHVWDWLRQnVV\VWHP3, 1DQGFRQILUPIDFWRU\VHW WLQJrWKHQXPEHUVRIDOOUHJLVWHUHGKDQGVHWVDUHGLV SOD\HG q 7RWDOFKDUJHVIRUDOOKDQGVHWV 'LVSOD\LQJWKHFDOOFKDUJHV 3UHUHTXLVLWHV\RXUHTXHVWHGFDOOFKDUJHSXOVHWUDQVPLVVLRQ IURP\RXUWHOHSKRQHFRPSDQ\DQGWKHFRUUHFWXQLWSULFHLVVHW &DOOFKDUJHGLVSOD\VWDUWVDVVRRQDVWKHILUVWFDOOFKDUJHSXOVH LVUHFHLYHG HJ 3UHVVWKHNH\ , IQHFHVVDU\SUHVV:WRGHOHWHDQGFRQILUPZLWK= 7HUPLQDWHWKHIXQFWLRQ RU q 7RWDOFKDUJHVIRUDVSHFLILFKDQGVHW 5HD5B> " ! &RVWRIWKHFXUUHQWFDOO 7RWDOFKDUJHIRUDOOFDOOV HJ 6HWWLQJWKHXQLWSULFH $XQLWSULFHPXVWEHVHWWRHQVXUHWKDWWKHFDOOFKDUJHVDUH FRUUHFWO\GLVSOD\HG , I\RXVHWWKHXQLWSULFHWR]HURXQLWVDUHGLVSOD\HGLQVWHDG RIWKHFDOOFKDUJHV (QWHUWKHQXPEHURIWKHKDQGVHWrWKHIROORZLQJGLVSOD\DS SHDUV HJ D_dQ\3XQbWU !" !% &RVWRIWKHFXUUHQWFDOO 7RWDOFKDUJHIRUDOOFDOOV , IQHFHVVDU\SUHVV:WRGHOHWHDQGFRQILUPZLWK= 7HUPLQDWHWKHIXQFWLRQ + 6(7x= 6\VWHP3, 1= q (YHU\PRGLILFDWLRQUHVHWVWKHFRXQWHUOHYHOVWR]H UR7KHFDOODOORZDQFHDFFRXQWDPRXQWVDUHQRWDI IHFWHG q , IWKHXQLWSULFHLVVHWWR]HURWKHFDOODOORZDQFHDF FRXQWDPRXQWVDUHGHOHWHG 'LVSOD\LQJFDOOFKDUJHVIRUWKHODVWFDOO , IWKLVIXQFWLRQLVDFWLYDWHGWKHWRWDOFDOOFKDUJHVIRUWKHODVW FDOOVDUHDOZD\VGLVSOD\HGZKHQ\RXSUHVVWKHWDONNH\D + 6(7y= 6\VWHP3, 1= HJ = , QLWLDWHWKHVHWWLQJr&KDUJHODVW&DOODSSHDUV (QWHUWKHEDVHVWDWLRQnVV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJ )RUH[DPSOHDFWLYDWHWKHGLVSOD\ $FWLYDWH GHDFWLYDWH IDFWRU\VHWWLQJ 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ , QLWLDWHWKHVHWWLQJr&KDUJHSHU8QLWDSSHDUV (QWHUWKHEDVHVWDWLRQnVV\VWHP3, 1DQGFRQILUPIDFWRU\VHW WLQJrWKHFXUUHQWVHWWLQJLVGLVSOD\HG , IQHFHVVDU\SUHVVWKH~NH\WRWRJJOHEHWZHHQGLVSOD\ ZLWKGHFLPDOSRLQWDQGZLWKRXWGHFLPDOSRLQW  HJs (QWHUWKHXQLWSULFH , IQHFHVVDU\XVHWKH:NH\WRVHWWKHFKDUJHIDFWRUWR rVHWWLQJIRUGLVSOD\LQJXQLWV = 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ *LJDVHW&RPIRUW*%5$*% NRVWHQIP &RVWHIIHFWLYHWHOHSKRQLQJ 3UHVVNH\V &DOODOORZDQFHDFFRXQW 3UHUHTXLVLWHFDOOFKDUJHVDUHGLVSOD\HG <RXFDQDVVLJQDFUHGLWEDODQFHWRHDFKKDQGVHWIRUH[WHUQDO FDOOV7KHFXUUHQWFUHGLWEDODQFHLVGLVSOD\HGLQFDOOVWDWXV , IWKHFUHGLWEDODQFHUXQVRXW r $QDGYLVRU\EHHSLVJHQHUDWHGGXULQJDFDOOZKHQWKHFDOODO ORZDQFHDFFRXQWLVGRZQWRLWVODVWILYHXQLWV7KHFRQQHF WLRQLVFOHDUHGGRZQZKHQWKHFUHGLWEDODQFHILQDOO\UXQV RXW r <RXFDQFRQWLQXHWRFDOOHPHUJHQF\QXPEHUVVDYHGDWWKH EDVHVWDWLRQ + 6(7 "u= , IWKHEDVHVWDWLRQLVVHWWRFDOOFKDUJHXQLWVWKHQWKH FDOODOORZDQFHDFFRXQWDOVRXVHVXQLWVVHHSDJH 6HWWLQJWKHFUHGLWEDODQFH , QLWLDWHWKHVHWWLQJr&DOODOORZDFFDSSHDUV 6\VWHP3, 1= (QWHUWKHEDVHVWDWLRQnVV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJrWKHQXPEHUVRIDOOKDQGVHWVUHJLV WHUHGDUHGLVSOD\HG (QWHUWKHKDQGVHWnVFDOOQXPEHUrWKHGLVSOD\LQGLFDWHVWKH FXUUHQWVWDWXVRIWKHKDQGVHWnVDFFRXQW (QWHUWKHFUHGLWEDODQFHDPRXQWGLJLWVXSWRRU rROGGLVSOD\LVGHOHWHG <RXFDQVHWWKHDPRXQWWR]HURZLWKWKHGHOHWHNH\: 6DYHWKHFUHGLWEDODQFHWHUPLQDWHWKHIXQFWLRQDQG QRZSUR FHHGDVIROORZVWRUHDFWLYDWHWKHFDOODOORZDQFHDFFRXQW HJ HJs""" = $FWLYDWLQJGHDFWLYDWLQJWKHFDOODOORZDQFH DFFRXQW + 6(7 "= 6\VWHP3, 1= HJ HJ = , QLWLDWHWKHIXQFWLRQr+VHW5HVWULFWLRQDSSHDUV (QWHUWKHEDVHVWDWLRQnVV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJ (QWHUWKHKDQGVHWnVFDOOQXPEHU )RUH[DPSOHDFWLYDWHWKHFDOODOORZDQFHDFFRXQW $FWLYDWH GHDFWLYDWH 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ *LJDVHW&RPIRUW*%5$*% DQUXIEBFRPIRUWIP $QVZHULQJPDFKLQH 3UHVVNH\V $QVZHULQJPDFKLQH 7KHDQVZHULQJPDFKLQHLVUHDG\IRURSHUDWLRQRQFH\RXUEDVHVWDWLRQ KDVEHHQSXWLQWRVHUYLFH $QVZHULQJPDFKLQHRSHUDWLRQLVVXSSRUWHGE\DSSURSULDWHKDQGVHW GLVSOD\VDQGYRLFHPHVVDJHV <RXFDQRSHUDWHWKHDQVZHULQJPDFKLQHGLUHFWO\YLDWKHEDVHVWDWLRQ NH\VYLDDUHJLVWHUHGKDQGVHWRUYLDDQH[WHUQDOWHOHSKRQH KDQGVHWVHHSDJH 7KHEDVHVWDWLRQNH\VDUHDVVLJQHGWRWKHUHOHYDQWGLJLWVRQWKH 2SHUDWLRQZLWKWKHEDVHVWDWLRQ <RXUDQVZHULQJPDFKLQHLVUHDG\IRURSHUDWLRQDVVRRQDVWKHEDVH VWDWLRQKDVEHHQSXWLQWRVHUYLFH0HVVDJHVFDQRQO\EHVDYHGZLWKD WLPHVWDPSRQFHWKHGDWHDQGWLPHKDYHEHHQVHW7KHDQVZHULQJPD FKLQHXVHVWKHGHIDXOWIHPDOHYRLFHDQQRXQFHPHQWVVWRUHG7KHUHLV QRERG\DYDLODEOHWRWDNH\RXUFDOOULJKWQRZ3OHDVHOHDYHDPHVVDJH DIWHUWKHWRQH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q $QQRXQFHPHQWZLWKPHVVDJHUHFRUGLQJDQGFRQFOXGLQJDQ $QVZHULQJPDFKLQH 3UHVVNH\V )RULQIRUPDWLRQRQZKLFKDGYLVRU\DQQRXQFHPHQW\RXFDQUHFRUGIRU GLUHFWLQZDUGGLDOOLQJUHIHUWRSDJH 5HFRUGLQJLVDXWRPDWLFDOO\WHUPLQDWHG q LI\RXH[FHHGWKHPD[LPXPUHFRUGLQJWLPHRIV q LI\RXSDXVHIRUPRUHWKDQVHFRQGVZKHQUHFRUGLQJ\RXUDQ QRXQFHPHQW QRXQFHPHQW q $QQRXQFHPHQWZLWKPHVVDJHUHFRUGLQJDQGFRQFOXGLQJDQ QRXQFHPHQW q $GYLVRU\DQQRXQFHPHQWZLWKRXWUHFRUGLQJ 7KHDGYLVRU\DQQRXQFHPHQWLVDOVRUHTXLUHGIRUWKH', 'IXQFWLRQ VHHSDJH f c 6HOHFWWKHUHTXLUHGDQQRXQFHPHQW 6FUROOEDFNWRWKHSUHYLRXVDQQRXQFHPHQW 6FUROOIRUZDUGWRWKHQH[WDQQRXQFHPHQW 7KHVHOHFWHGDQQRXQFHPHQWLVDFWLYH 7KHDQQRXQFHPHQWVHWLVQRWORVWHYHQLIWKHDQVZHULQJPDFKLQHLV GHDFWLYDWHG 3UHVVWKHHQGFDOONH\DWWKHKDQGVHW 7KHWH[WUHFRUGHGLVSOD\HGEDFN 5HFRUGLQJDQDQQRXQFHPHQWZLWKDFRQFOXGLQJDQQRXQFHPHQW f d 3UHVVNH\DWWKHEDVHVWDWLRQWRLQLWLDWHUHFRUGLQJ 3UHVVNH\DWWKHEDVHVWDWLRQ7KHDQVZHULQJPDFKLQHDXWRPDWLFDOO\ FDOOVDOOUHJLVWHUHGKDQGVHWV5HFRUGLQJLVVWDUWHGDWWKHKDQGVHWWKDW SLFNVXSWKHFDOO 3UHVVWKHWDONNH\DWWKHKDQGVHWDQGVSHDN\RXUDQQRXQFHPHQW 3UHVVNH\DWWKHEDVHVWDWLRQ<RXDUHSURPSWHGWRUHFRUGDFRQFOXGLQJ DQQRXQFHPHQW ([DPSOHRIDW\SLFDOFRQFOXGLQJDQQRXQFHPHQW <RXKDYHH[FHHGHGWKHPD[LPXPUHFRUGLQJWLPHIRU\RXUPHVVDJH 7KDQN\RXIRUFDOOLQJ D c WKHDQVZHULQJPDFKLQHFDQQRWEHDFWLYDWHGRUDXWRPDWLFDOO\ GHDFWLYDWHVDOWKRXJKQRDGYLVRU\LVUHFRUGHG :KHQ\RXVHOHFWDGYLVRU\DQQRXQFHPHQWZLWKRXWUHFRUGLQJ c 3UHVVNH\DWWKHEDVHVWDWLRQWRWHUPLQDWHUHFRUGLQJ 7KHWH[WUHFRUGHGLVSOD\HGEDFN 5HFRUGLQJDQQRXQFHPHQWV <RXPXVWILUVWVHWWKHGHVLUHGDQQRXQFHPHQWW\SHEHIRUH\RXUHFRUG DQDQQRXQFHPHQWVHHDERYH<RXFDQUHFRUGDQQRXQFHPHQWVZLWK RUZLWKRXWFRQFOXGLQJDQQRXQFHPHQWV 5HFRUGLQJDQQRXQFHPHQWVZLWKRXWFRQFOXGLQJDQQRXQFHPHQWV f d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f /LVWHQLQJWRDQQRXQFHPHQWV 3UHVVNH\DWWKHEDVHVWDWLRQWRLQLWLDWHSOD\EDFN 3UHVVNH\DWWKHEDVHVWDWLRQWRSOD\EDFNWKHFXUUHQWDQQRXQFHPHQW VHW ORXGVSHDNHUZLWKWKHDQGNH\V7KHPRGLILHGYROXPH VHWWLQJLVVDYHG <RXFDQUDLVHRUORZHUWKHSOD\EDFNYROXPHRIWKHEDVHVWDWLRQ *LJDVHW&RPIRUW*%5$*% DQUXIEBFRPIRUWIP *LJDVHW&RPIRUW*%5$*% DQUXIEBFRPIRUWIP $QVZHULQJPDFKLQH 3UHVVNH\V f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nVGLVSOD\ZKHQQHZPHVVDJHVZHUHUH FRUGHG 3OD\EDFNPHVVDJHV 3OD\EDFNEHJLQVZLWKWKHILUVWQHZPHVVDJH7KHROGPHVVDJHVDUH SOD\HGEDFNDIWHUWKHODVWQHZPHVVDJH :KLOHSOD\LQJEDFNPHVVDJHV\RXFDQ c d cc UDLVHRUORZHUWKHYROXPH SDXVHSOD\EDFN FRQWLQXHSOD\EDFN MXPSWRWKHVWDUWRIWKHFXUUHQWPHVVDJH MXPSWRSUHYLRXVPHVVDJHVSUHVVUHSHDWHGO\ MXPSWRWKHQH[WPHVVDJH MXPSWRWKHQH[WPHVVDJHVSUHVVUHSHDWHGO\ PDUNWKHFXUUHQWPHVVDJHDVQHZQRW\HWSOD\HGEDFN WHUPLQDWHSOD\EDFN D d DIWHUWKHPHVVDJH&RQILUPGHOHWHZLWKSUHYLRXVNH\ 'HOHWLQJLQGLYLGXDOROGPHVVDJHV RU 7KHPHVVDJHVDUHSOD\HGEDFN <RXFDQFDQFHOWKHGHOHWHRSHUDWLRQE\SUHVVLQJWKHcNH\ -XPSWRWKHGHVLUHGPHVVDJHSUHVVWKHNH\VVKRZQRQHRUPRUH WLPHV 3UHVVNH\GXULQJSOD\EDFN 7KHPHVVDJHLVGHOHWHG 5HFRUGLQJLQIRWH[WV <RXFDQUHFRUGLQIRWH[WVIRU\RXUFRXVHUVZLWKWKHKDQGVHW , QLWLDWHUHFRUGLQJ 7KHDQVZHULQJPDFKLQHDXWRPDWLFDOO\FDOOVDOOUHJLVWHUHGKDQGVHWV 5HFRUGLQJLVVWDUWHGE\WKHKDQGVHWWKDWDQVZHUVWKHFDOO 3UHVVWKHWDONNH\DWWKHKDQGVHW<RXZLOOKHDUWKHUHDG\WRQH 6SHDN\RXULQIRWH[WVQRZ VGXULQJWKHLQIRWH[W c 5HFRUGLQJDXWRPDWLFDOO\WHUPLQDWHVLI\RXSDXVHIRUPRUHWKDQ SDJH RU d 7KHGDWHDQGWLPHDUHQRWDQQRXQFHGLIWKHWLPHLVQRWVHWVHH 3UHVVNH\DWWKHEDVHVWDWLRQWRWHUPLQDWHUHFRUGLQJ <RXZLOOKHDUWKHHQGWRQH 0DUNLQJWKHFXUUHQWROGPHVVDJHDVQHZ 3OD\EDFNPHVVDJH -XPSWRWKHUHTXLUHGPHVVDJHSUHVVRQHRUPRUHWLPHV 7KHPHVVDJHLVPDUNHGDVQHZ *LJDVHW&RPIRUW*%5$*% DQUXIEBFRPIRUWIP *LJDVHW&RPIRUW*%5$*% DQUXIEBFRPIRUWIP $QVZHULQJPDFKLQH 3UHVVNH\V $QVZHULQJPDFKLQH L 2SHUDWLRQZLWKWKHKDQGVHW <RXFDQRSHUDWHWKHDQVZHULQJPDFKLQHZLWK\RXUKDQGVHWRU UHPRWHO\VHHSDJH 7KHGLJLWVRQWKHKDQGVHWRURQDQH[WHUQDOWHOHSKRQHFRUUHVSRQGWR WKHIROORZLQJEDVHVWDWLRQNH\V 3UHVVNH\V , 17 x 6HOHFWLQJDQDQQRXQFHPHQW 6HWXSDFRQQHFWLRQWRWKHDQVZHULQJPDFKLQH &KHFNWKHFXUUHQWDQQRXQFHPHQW 7RWKHQH[WDQQRXQFHPHQW 7RWKHSUHYLRXVDQQRXQFHPHQW 6HWWKHQHZDQQRXQFHPHQW &OHDUGRZQFRQQHFWLRQ 1 4 f 2 c 3 d 5HFRUGLQJDQDQQRXQFHPHQW , 17 xw 6HWXSDFRQQHFWLRQWRWKHDQVZHULQJPDFKLQH 6WDUWUHFRUGLQJWKHVHOHFWHGDQQRXQFHPHQW 6SHDNWKHFRQFOXGLQJDQQRXQFHPHQWDIWHUWKHSURPSW (QGUHFRUGLQJ &OHDUGRZQFRQQHFWLRQ 5 I 6 9RLFHFDOOLQJ 7 1HZ 8 9 6WDWXVKHOS SUHVVEULHIO\WZLFH , 17 xs , I\RXGRQRWZDQWWRUHFRUGDFRQFOXGLQJDQQRXQFHPHQW D 0 # /LVWHQLQJWRDQDQQRXQFHPHQW 6HWXSDFRQQHFWLRQWRWKHDQVZHULQJPDFKLQH 3OD\EDFNWKHVHOHFWHGDQQRXQFHPHQW &OHDUGRZQFRQQHFWLRQ $FWLYDWLQJGHDFWLYDWLQJWKHDQVZHULQJPDFKLQH , 17 y 6HWXSDFRQQHFWLRQWRWKHDQVZHULQJPDFKLQH $FWLYDWHRUGHDFWLYDWH &OHDUGRZQFRQQHFWLRQ , 17 x" 'HOHWLQJDQDQQRXQFHPHQW 6HWXSDFRQQHFWLRQWRWKHDQVZHULQJPDFKLQH 'HOHWHWKHVHOHFWHGDQQRXQFHPHQW &OHDUGRZQFRQQHFWLRQ *LJDVHW&RPIRUW*%5$*% DQUXIEBFRPIRUWIP *LJDVHW&RPIRUW*%5$*% DQUXIEBFRPIRUWIP $QVZHULQJPDFKLQH 3UHVVNH\V $QVZHULQJPDFKLQH 3OD\LQJEDFNPHVVDJHV $QHZPHVVDJHLVLQGLFDWHGRQWKHKDQGVHWGLVSOD\E\WKH, LFRQ <RXFDQSOD\EDFNPHVVDJHVHLWKHUYLDWKHKDQGVHWnVGLJLWNH\VRUYLD WKHGLVSOD\NH\ 3OD\LQJEDFNPHVVDJHVYLDWKHGLJLWNH\V 3UHVVNH\V 7KHILUVWQHZPHVVDJHLVDXWRPDWLFDOO\SOD\HGEDFNDIWHUVHFRQGV 'DWHWLPHLI VHWVHHSDJH !" !#*!" ()!"#$%&' " ' ;<\ 9 &DOOQXPEHURUQDPHLI WKHQXPEHULVLQWKH GLUHFWRU\ 0HVVDJHQXPEHUQXPEHU RIPHVVDJHV 6XSSOHPHQWDU\PHQX &DQFHOIXQFWLRQ 6FUROOXSGRZQZLWKLQWKH DQVZHULQJPDFKLQHOLVW , 17 s s 6HWXSDFRQQHFWLRQWRWKHDQVZHULQJPDFKLQH 3OD\EDFNDOOPHVVDJHV 3DXVHSOD\EDFN &RQWLQXHSOD\EDFN -XPSWRWKHVWDUWRIWKHFXUUHQWPHVVDJH -XPSWRWKHSUHYLRXVPHVVDJHSUHVVUHSHDWHGO\ -XPSWRWKHQH[WPHVVDJH -XPSWRWKHQH[WPHVVDJHSUHVVUHSHDWHGO\ 0DUNWKHFXUUHQWPHVVDJHDVQHZ (QGSOD\EDFN &OHDUGRZQFRQQHFWLRQ 3OD\LQJEDFNPHVVDJHVYLDWKHGLVSOD\NH\V ;< \ 7KHFDOOHUnVQXPEHUDOWHUQDWLYHWKHQDPHRIWKHFDOOHULIHQ WHUHGLQWKHGLUHFWRU\LVRQO\GLVSOD\HGLIWKHFDOOQXPEHUZDV WUDQVIHUUHGE\WKHQHWZRUNDFFHVVOLVW <RXKDYHWKHIROORZLQJRSWLRQV -XPSWRWKHQH[WSUHYLRXVPHVVDJHLIQHFHVVDU\SUHVVUHSHDWHGO\ (QGSOD\EDFN 7KHVXSSOHPHQWDU\PHQX9FRQWDLQVWKHIROORZLQJRSWLRQV q 1H[W q 'HOFXUUHQWQR q &DOOEDFN q 6WDWXVQHZ q &RS\WR'LU , , IWKHFDOOHUOLVWFRQWDLQVQHZHQWULHVDQGQHZPHVVDJHVZHUHUHFRU GHGWKHQDVHOHFWLRQDSSHDUVRQWKHGLVSOD\VHHVWGLVSOD\, IWKH FDOOHUOLVWRQO\FRQWDLQVFDOOQXPEHUVWKHQWKHQGGLVSOD\DSSHDUVLP PHGLDWHO\DQG\RXGRQRWQHHGWRPDNHDQ\VHOHFWLRQ VWGLVSOD\ 1HZHQWULHVLQERWKOLVWV 3Q\\c<Ycd 1^cgUb]QSXY^U ;<\ = 7KHRWKHUIXQFWLRQVDUHDFWLYDWHGGHDFWLYDWHGYLDWKHGLJLWNH\ SDG <$QVZHUPDFKLQH = 6HOHFWNH\VVKRZQ 7KHQXPEHURIQHZDQGROGPHVVDJHDSSHDUVRQWKHGLVSOD\VHHQG GLVSOD\ 0 3UHVVWKHHQGFDOONH\DWWKHKDQGVHW QGGLVSOD\ >__V]UccQWUc >Ug*( ?\T*' ;<\ = *LJDVHW&RPIRUW*%5$*% DQUXIEBFRPIRUWIP *LJDVHW&RPIRUW*%5$*% DQUXIEBFRPIRUWIP $QVZHULQJPDFKLQH 3UHVVNH\V , 17 s RU $QVZHULQJPDFKLQH 0DUNLQJWKHROGPHVVDJHDVQHZ 6HWXSDFRQQHFWLRQWRWKHDQVZHULQJPDFKLQH 3OD\EDFNPHVVDJHV -XPSWRWKHGHVLUHGPHVVDJHSUHVVRQHRUPRUHWLPHV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s RU " 6HWXSDFRQQHFWLRQWRWKHDQVZHULQJPDFKLQH 3OD\EDFNPHVVDJHV -XPSWRWKHGHVLUHGPHVVDJHSUHVVRQHRUPRUHWLPHV 3UHVVGXULQJSOD\EDFN 7KHPHVVDJHLVGHOHWHG &OHDUGRZQFRQQHFWLRQ 5HFRUGLQJLQIRWH[WV , 17 w 6HWXSDFRQQHFWLRQWRWKHDQVZHULQJPDFKLQH , QLWLDWHUHFRUGLQJ 6SHDNLQIRWH[WDIWHUWKHUHDG\WRQH (QGUHFRUGLQJ &OHDUGRZQFRQQHFWLRQ *LJDVHW&RPIRUW*%5$*% DQUXIEBFRPIRUWIP $QVZHULQJPDFKLQH 3UHVVNH\V 5HPRWHRSHUDWLRQUHPRWHUHWULHYDO <RXFDQRSHUDWH\RXUEDVHVWDWLRQnVDQVZHULQJPDFKLQHIURPDQ\RWK HUWHOHSKRQHHJKRWHOSD\SKRQHLQWKHVDPHZD\DVIURPWKH KDQGVHWLHYLDWKHGLJLWNH\V <RXPXVWILUVWFKDQJH\RXUV\VWHP3, 1SDJH , QIRUPDWLRQRQWKHIXQFWLRQVDQGWKHDSSURSULDWHRSHUDWLQJVWHSVLV SURYLGHGDVRISDJH DWRQHWUDQVPLWWHUPXVWEHXVHG P }P 'LDO\RXURZQFDOOQXPEHU <RXZLOOKHDU\RXUDQQRXQFHPHQW $QH[WHUQDOWHOHSKRQHPXVWVXSSRUWWRQHGLDOOLQJ2WKHUZLVH 3UHVVWKH}DQGHQWHUWKHV\VWHP3, 1 $FWLYDWLQJWKHDQVZHULQJPDFKLQHUHPRWHO\ <RXIRUJRWWRDFWLYDWH\RXUDQVZHULQJPDFKLQH/HW\RXUWHOHSKRQH ULQJIRUDSSUR[PLQXWH <RXZLOOKHDU3OHDVHHQWHU3, 1 }P 3UHVVWKH}DQGHQWHUWKHV\VWHP3, 1 <RXUDQVZHULQJPDFKLQHLVQRZDFWLYDWHG PDWLQDSSHQGL[ , QVWUXFWLRQVIRUUHPRWHUHWULHYDODUHSURYLGHGLQFUHGLWFDUGIRU &DOOLQJXSKHOSDQGVWDWXVLQIRUPDWLRQ <RXFDQRQO\FDOOXSKHOSDQGVWDWXVLQIRUPDWLRQIURPDQH[WHUQDOWHOH SKRQH } &KHFNWKHGHYLFHVWDWLRQDQGWKHUHPRWHFRQWUROIXQFWLRQV <RXZLOOKHDUWKHIROORZLQJVWDWXVPHVVDJHVRQHDIWHUWKHRWKHU q 1XPEHURIPHVVDJHV q $GYLVRU\DQQRXQFHPHQWDYDLODEOHRUXQDYDLODEOH q $QQRXQFHPHQWVHW q $QVZHULQJPDFKLQHRQRURII q $YDLODEOHPHPRU\ q , IDSSOLFDEOHWLPHVHWWLQJXQDYDLODEOH q )XQFWLRQDVVLJQPHQWWRWKHNH\VDQG } 6NLSVWDWXVPHVVDJHV (QGKHOSDQGVWDWXVLQIRUPDWLRQ *LJDVHW&RPIRUW*%5$*% DEHLQVWBFRPIRUWIP , QGLYLGXDODQVZHULQJPDFKLQHVHWWLQJV 3UHVVNH\V , QGLYLGXDODQVZHULQJ PDFKLQHVHWWLQJV 7KHDQVZHULQJPDFKLQHVHWWLQJVDUHRSWLPLVHGIRU\RXDWWKHIDFWRU\ 'HVLUHGVHWWLQJVPD\EHPDGHYLDWKHKDQGVHW 1XPEHURIULQJV FKDUJHVDYLQJIXQFWLRQ , 176(7"= "RUs , QLWLDWHWKHVHWWLQJ <RXFDQFKRRVHEHWZHHQDQGULQJVDQGVHWWKHFDOOFKDUJHVDYLQJ IXQFWLRQE\HQWHULQJ, IWKHFKDUJHVDYLQJIXQFWLRQLVVHW\RXFDQVHH LIQHZPHVVDJHVDUHDYDLODEOH 7KHDQVZHULQJPDFKLQHDFWLYDWHVDIWHU q ULQJVQHZPHVVDJHVKDYHEHHQUHFHLYHG q ULQJVQRQHZPHVVDJHVKDYHEHHQUHFHLYHG )DFWRU\VHWWLQJFKDUJHVDYLQJIXQFWLRQ = 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ 0HVVDJHOHQJWK , 176(7= s u = , QLWLDWHWKHVHWWLQJ )DFWRU\VHWWLQJVHFRQGV VHFRQGV VHFRQGV VHFRQGV XQOLPLWHG 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ *LJDVHW&RPIRUW*%5$*% DEHLQVWBFRPIRUWIP *LJDVHW&RPIRUW*%5$*% DEHLQVWBFRPIRUWIP , QGLYLGXDODQVZHULQJPDFKLQHVHWWLQJV 3UHVVNH\V , 176(7s= "RU , QGLYLGXDODQVZHULQJPDFKLQHVHWWLQJV 3UHVVNH\V , 176(7x= 3DXVHDIWHUPHVVDJHSOD\EDFN , QLWLDWHWKHVHWWLQJ , I\RXDFWLYDWHWKLVIXQFWLRQWKHDQVZHULQJPDFKLQHVZLWFKHVWR SDXVHVWDWXVDIWHUHYHU\PHVVDJHSOD\HGEDFN )DFWRU\VHWWLQJQRSDXVH 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ 5HFRUGLQJTXDOLW\ , QLWLDWHWKHVHWWLQJ 7KHSRVVLEOHUHFRUGLQJWLPHGHSHQGVRQWKHUHFRUGLQJTXDOLW\<RXFDQ FKRRVHEHWZHHQORQJUHFRUGLQJWLPHKLJKTXDOLW\DQGDXWRPDW LF , QDXWRPDWLFPRGHWKHDQVZHULQJPDFKLQHDXWRPDWLFDOO\VZLWFKHV IURPKLJKTXDOLW\WRORQJUHFRUGLQJWLPHZKHQUXQQLQJRXWRIPHPRU\ 7KLVDFWLRQFRPSUHVVHVDOOSUHYLRXVO\UHFRUGHGPHVVDJHV )DFWRU\VHWWLQJDXWRPDWLF 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ = 7LPHVWDPSIRUHYHU\PHVVDJH , 176(7= "RU = , QLWLDWHWKHVHWWLQJ <RXFDQGHDFWLYDWHWKHWLPHVWDPS )DFWRU\VHWWLQJPHVVDJHZLWKWLPHVWDPS 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ = 7KHDQVZHULQJPDFKLQHFDQQRWEHXVHGDQGFDOOVFDQQRWEH UHFRUGHGGXULQJFRPSUHVVLRQ<RXZLOOKHDUDQHUURUEHHS ZKHQ\RXSUHVVDNH\DWWKHEDVHVWDWLRQH[FHSWLRQSDJLQJ NH\ 2SHQOLVWHQLQJDWWKHEDVHVWDWLRQ , 176(7u= "RU = , QLWLDWHWKHVHWWLQJ , I\RXGRQRWZDQWWROLVWHQLQRQDPHVVDJHZKLOHLWLVUHFRUGLQJ )DFWRU\VHWWLQJRSHQOLVWHQLQJDFWLYDWHG 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ %URDGFDVWLQJDQDQQRXQFHPHQWYRLFH FDOOLQJ , 176(7w= "RU , QLWLDWHWKHVHWWLQJ , IWKHDQVZHULQJPDFKLQHLVRSHUDWHGUHPRWHO\YLDDKDQGVHWRUDQH[ WHUQDOWHOHSKRQHWKHFDOOLQJSDUW\FDQEURDGFDVWDQDQQRXQFHPHQW WKDWZLOOQRWEHUHFRUGHGYLDWKHEDVHVWDWLRQnVORXGVSHDNHU$QH[WHU QDOFDOOUHFHLYHGGXULQJDEURDGFDVWFDQEHSLFNHGXSDWDQ\KDQGVHW <RXFDQGHDFWLYDWHWKLVIXQFWLRQ )DFWRU\VHWWLQJYRLFHFDOOLQJHQDEOHG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VDYHLWDQGWHUPLQDWH WKHIXQFWLRQ 6HWWLQJV = 6RXQG6HWWLQJV = <5LQJHU0HORG\= = 6HWWLQJV= <9RLFH3URPSWV= < = 6HWWLQJDVKRUWULQJHUWRQH DGYLVRU\WRQH $FDOOLVRQO\VLJQDOOHGE\DVKRUWDGYLVRU\WRQHLIWKH%HHS IXQFWLRQLVVHW 6HWWLQJV = 6RXQG6HWWLQJV = <%HHS= 6ZLWFKIURP5LQJHU0HORG\WR%HHS9 IXQFWLRQRQ 7HUPLQDWHWKHIXQFWLRQ 3UHVVWKHPHQXNH\ &RQILUPWKHIXQFWLRQ 6HWWLQJWKHULQJHUYROXPH <RXFDQFKRRVHEHWZHHQULQJHUYROXPHVWKH FUHVFHQGRULQJLQFUHDVLQJYROXPHDQG QRULQJHU 6HWWLQJV = 6RXQG6HWWLQJV = 5LQJHU9ROXPH = = 7KHULQJHUVRXQGVDWWKHFXUUHQWYROXPHDQGWKHVHWWLQJLV GLVSOD\HG 6HWWKHUHTXLUHGULQJHUYROXPHVDYHLWDQGWHUPLQDWHWKH IXQFWLRQ 9ROXPHOHYHOV FUHVFHQGR & ULQJHUGHDFWLYDWHG 3UHVVWKHPHQXNH\ &RQILUPWKHIXQFWLRQ 6HWWLQJWKHKDQGVHWORXGVSHDNHU YROXPH <RXFDQVHWWKHKDQGVHWYROXPHWRDQ\RIOHYHOVDQGWKH ORXGVSHDNHUIRUKDQGVIUHHWDONLQJWRDQ\RIOHYHOVrHYHQ GXULQJDFDOO 6HWWLQJV = 6RXQG6HWWLQJV = < +DQGVHW9ROXPH = 6HOHFWKDQGVHWRUORXGVSHDNHUYROXPHDQGFRQILUPrDPHOR G\VRXQGVDWWKHFXUUHQWYROXPHWRVLPSOLI\WKHVHWWLQJRSHU DWLRQ 3UHVVWKHPHQXNH\ &RQILUPWKHIXQFWLRQ RU < +DQGVIUHH9RO = = 6HWWKHUHTXLUHGYROXPHDQGVDYH 7HUPLQDWHWKHIXQFWLRQGRQRWSUHVVZKHQDFDOOLVLQ SURJUHVV *LJDVHW&RPIRUW*%5$*% PRELOWIP *LJDVHW&RPIRUW*%5$*% PRELOWIP , QGLYLGXDOKDQGVHWVHWWLQJV 3UHVVNH\V , QGLYLGXDOKDQGVHWVHWWLQJV $FWLYDWLQJGHDFWLYDWLQJEHHSV <RXFDQDFWLYDWHGHDFWLYDWHWKHIROORZLQJZDUQLQJDQGVLJQDO WRQHV q . H\%HHSVHYHU\NH\VWURNHLVFRQILUPHG q %DWW/RZ%HHSWKHEDWWHU\QHHGVWREHFKDUJHG q &RQILUP%HHSVFRQILUPDWLRQEHHSEHHSZKHQ\RX 3UHVVNH\V &KDQJLQJWKHEDVHQDPH <RXFDQFKDQJHWKHEDVHnVQDPHHJIURP%DVHWR , QWHUQLVWKHKDQGVHWnVLQWHUQDOQXPEHU <%DVHVHWWLQJV = <9 &KDQJH%DVH1DPH = 1DPH 3UHVVWKHPHQXNH\ &RQILUPWKHIXQFWLRQ 6HOHFWWKHUHTXLUHGEDVHVWDWLRQ &RQILUPWKHIXQFWLRQ (QWHUWKHUHTXLUHGQDPH )RULQIRUPDWLRQRQHQWHULQJOHWWHUVDQGFKDUDFWHUVVHHSDJH 6DYHWKHQDPH FRQFOXGHLQSXWVVHWWLQJVDQGZKHQUHSODFLQJWKHKDQGVHW LQWKHEDVHVWDWLRQHUURUEHHSVKRUWEHHSVZKHQ\RX PDNHDQLQFRUUHFWHQWU\ 6HWWLQJV = 6RXQG6HWWLQJV = HJ <. H\%HHSV = 3UHVVWKHPHQXNH\ &RQILUPWKHIXQFWLRQ 96DYH(QWU\ = 6FUROOWRWKHUHTXLUHGEHHSDQGSUHVV=WRDFWLYDWHGHDFWL YDWHLW9 WRQHRQ 7HUPLQDWHWKHIXQFWLRQ 5HJLVWHULQJDWPRUHWKDQRQH EDVH VWDWLRQ <RXFDQRSHUDWH\RXUKDQGVHWDWXSWREDVHVWDWLRQV $XWRWDON :KHQWKLVIXQFWLRQLVDFWLYH\RXFDQDQVZHUDFDOOE\UHPRY LQJWKHKDQGVHWIURPWKHEDVHVWDWLRQFKDUJLQJXQLW 6HWWLQJV = <$XWR7DON = 3UHVVWKHPHQXNH\ &RQILUPWKHIXQFWLRQ 6HOHFWWKHIXQFWLRQDQGSUHVV=WRDFWLYDWHGHDFWLYDWHLW 9 IXQFWLRQRQ 7HUPLQDWHWKHIXQFWLRQ )RULQIRUPDWLRQRQ*LJDVHW UHJLVWUDWLRQVHH SDJH &KDQJLQJWKHEDVHVWDWLRQ 3UHUHTXLVLWHWKHKDQGVHWLVUHJLVWHUHGDWVHYHUDOEDVHVWD WLRQV <RXFDQFKRRVHRQHRIWKHIROORZLQJVHWWLQJV q 6HWWKHKDQGVHWWRDIL[HGEDVHVWDWLRQRU q 6HWWKHKDQGVHWWR%HVW%DVHrWKHKDQGVHW DXWRPDWLFDOO\VHOHFWVWKHEDVHZLWKWKHVWURQJHVWUHFHS WLRQ <%DVHVHWWLQJV = <9 <6HOHFW%DVH = 3UHVVWKHPHQXNH\ 6HOHFWWKHIXQFWLRQ 6HOHFWIL[HGEDVHRU%HVW%DVH 6DYHWKHVHWWLQJ *LJDVHW&RPIRUW*%5$*% PRELOWIP , QGLYLGXDOKDQGVHWVHWWLQJV 3UHVVNH\V 5HVHWWLQJWKHIDFWRU\VHWWLQJV q 7KHWHOHSKRQH3, 1KDQGVHW3, 1LVQRWUHVHW q 7KHGLUHFWRU\QHWZRUNDFFHVVOLVWDQGWKHFDOOHU OLVWDUHQRWGHOHWHG +DQGVHWIDFWRU\VHWWLQJV /DQJXDJHVHWWLQJ '66QXPEHUKRWNH\ 5HGLDO $XWRWDON NH\EHHSVEDWWHU\ORZEHHS FRQILUPDWLRQEHHSV +DQGVHWYROXPHULQJHUPHORG\ /RXGVSHDNHUYROXPH 5LQJHUYROXPH 6KRUWULQJHUWRQHDGYLVRU\WRQH WHOHSKRQH ORFN 5RRPPRQLWRUOHYHO 6HWWLQJV = <'HIDXOW5HVHW = 7HOHSKRQH3, 1= 3UHVVWKHPHQXNH\ &RQILUPWKHIXQFWLRQ 6HOHFWWKHIXQFWLRQDQGFRQILUP (QWHUWKHWHOHSKRQH3, 1FRQILUPIDFWRU\VHWWLQJDQG WHUPLQDWHWKHIXQFWLRQ *HUPDQ GHOHWHG RQ RII *LJDVHW&RPIRUW*%5$*% EDVLVVWIP %DVHVWDWLRQVHWWLQJV 3UHVVNH\V %DVHVWDWLRQVHWWLQJV $OOEDVHVWDWLRQVHWWLQJVDUHPDGHYLDWKHKDQGVHW 6HWWLQJWKHULQJHUYROXPH <RXFDQFKRRVHEHWZHHQULQJHUYROXPHVWKHFUHVFHQGR ULQJLQFUHDVLQJYROXPHDQGULQJHURII + 6(7"= HJu , QLWLDWHWKHVHWWLQJrWKHULQJHUVRXQGV%DVH9ROXPHDQGWKH FXUUHQWVHWWLQJLVGLVSOD\HG (QWHUWKHQXPEHURIFRUUHVSRQGLQJWRWKHUHTXLUHGYROXPH 9ROXPHOHYHOV WRFUHVFHQGR ULQJHURII 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ = 6HWWLQJWKHULQJHUPHORG\ <RXFDQFKRRVHEHWZHHQULQJHUPHORGLHV + 6(7"w= HJ = , QLWLDWHWKHVHWWLQJrWKHPHORG\VRXQGV%DVH0HORG\DQG WKHFXUUHQWVHWWLQJLVGLVSOD\HG (QWHUWKHGHVLUHGULQJHUPHORG\ 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ $FWLYDWLQJGHDFWLYDWLQJNH\EHHSV + 6(7= 6\VWHP3, 1= HJ" = , QLWLDWHWKHVHWWLQJrWKHFXUUHQWVHWWLQJLVGLVSOD\HG (QWHUWKHEDVHVWDWLRQnVV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJ )RUH[DPSOHGHDFWLYDWHNH\EHHSV 'HDFWLYDWH DFWLYDWH 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ *LJDVHW&RPIRUW*%5$*% EDVLVVWIP *LJDVHW&RPIRUW*%5$*% EDVLVVWIP %DVHVWDWLRQVHWWLQJV 3UHVVNH\V %DVHVWDWLRQVHWWLQJV $FWLYDWLQJGHDFWLYDWLQJPXVLFRQ KROG 7KLVUHIHUVWRWKHPXVLFWKDWWKHFDOOHUKHDUVZKHQSODFHGRQ KROGHJGXULQJDQLQWHUQDOHQTXLU\FDOO , QLWLDWHWKHVHWWLQJr0XVLFRQ+ROGLVGLVSOD\HG (QWHUWKHEDVHVWDWLRQnVV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJ )RUH[DPSOHGHDFWLYDWHPXVLFRQKROG 'HDFWLYDWH DFWLYDWH 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ 3UHVVNH\V 5HVHWWLQJWKHIDFWRU\VHWWLQJV :KHQUHVHWWLQJWKHEDVHVWDWLRQWKHV\VWHP3, 1LVQRW FKDQJHGDQGKDQGVHWUHJLVWUDWLRQLVQRWDIIHFWHG <RXFDQ q UHVHWDOOIDFWRU\VHWWLQJVVHWWDEOHEHORZ q GHOHWHWKHFDOOHUOLVWRQO\ q GHOHWHWKHFDOOFKDUJHVXQLWVRQO\ + 6(7u= 6\VWHP3, 1= HJ" = %DVHVWDWLRQIDFWRU\VHWWLQJV 5LQJHUYROXPH 5LQJHUPHORG\ 3ULFHSHUXQLW %DUHQDEOHFDOOQXPEHUV EDVHORFNODVWFDOOFKDUJHV 1XPEHUIRUGLVDEOLQJHQDEOLQJ FDOODOORZDQFHDFFRXQW VWRUHGHPHUJHQF\QXPEHUV ([WHUQDOGLDOOLQJDOOKDQGVHWV 'LDOOLQJPRGH )ODVKWLPHDW WHOHSKRQHV\V WHPV %5' %5' 2II 'HOHWHG 6HWWLQJSDXVHV 3DXVHDIWHUFRQQHFWLQJWRDQRXWVLGHOLQH <RXFDQXVHWKLVIXQFWLRQWRVHWWKHOHQJWKRIWKHSDXVHWKDW LVDXWRPDWLFDOO\LQVHUWHGDIWHU\RXSUHVVWKHWDONNH\DDQG EHIRUHWKHFDOOQXPEHULVWUDQVPLWWHG + 6(7u= 6\VWHP3, 1= HJs , QLWLDWHWKHVHWWLQJ (QWHUWKHEDVHVWDWLRQnVV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJ (QWHUWKHSDXVHOHQJWK VHFRQG VHFRQGV VHFRQGV VHFRQGV = 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ + 6(7}= 6\VWHP3, 1= HJ" 3RVVLEOH '70) IODVKPV PV 3DXVHDIWHUUHFDOONH\ 3DXVHDIWHUOLQHVHL]XUHGLDORXW QXPEHU PV V , QLWLDWHWKHVHWWLQJr5HVHW%DVHLVGLVSOD\HG (QWHUWKHEDVHVWDWLRQnVV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJ )RUH[DPSOHUHVHWVHWWLQJWRWKHIDFWRU\GHIDXOW 5HVHWWRIDFWRU\GHIDXOW GHOHWHFDOOHUOLVW GHOHWHFKDUJHVXQLWV &RQILUPWKHGHOHWHDFWLRQDQGWHUPLQDWHWKHIXQFWLRQ 3DXVHIRUWKHUHFDOONH\ <RXFDQXVHWKLVIXQFWLRQWRVHWWKHOHQJWKRIWKHSDXVHWKDW LVLQVHUWHGE\SUHVVLQJWKHUHFDOONH\4 + 6(7uw= 6\VWHP3, 1= HJ = , QLWLDWHWKHVHWWLQJ (QWHUWKHEDVHVWDWLRQnVV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJ (QWHUWKHSDXVHOHQJWK VHFRQGV VHFRQGV VHFRQGV 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ = *LJDVHW&RPIRUW*%5$*% PDNURVIP *LJDVHW&RPIRUW*%5$*% PDNURVIP 8VLQJVKRUWFXWV 3UHVVNH\V 8VLQJVKRUWFXWV 8VLQJVKRUWFXWV 0XOWLSOHRSHUDWLQJVWHSVFDQEHFRPELQHGDQGVDYHGDVD VKRUWFXWWRIDFLOLWDWHRSHUDWLRQ 3UHVVNH\V q :KHUHDSSOLFDEOHLQVHUWDSDXVHZLWKWKHUHFDOONH\ FHVVOLVWYLDWKHVXSSOHPHQWDU\PHQX9ZKHQ HQWHULQJWKHQXPEHU 4KROGGRZQRUDQXPEHUIURPWKHQHWZRUNDF q <RXFDQDOVRXVHWKHVXSSOHPHQWDU\PHQX9WR +DQGVHWVKRUWFXWV <RXFDQVDYHFKDQJHDQGFRS\PXOWLSOHRSHUDWLQJVWHSVLQ SXWVDVDKDQGVHWVKRUWFXWDQGDVVLJQDQDSSURSULDWHQDPH <RXFDQDOVRGHOHWHVKRUWFXWVYLDWKHVXSSOHPHQWDU\PHQX DQGWKHQHWZRUNDFFHVVOLVWVKDUHWKHVDPHPHPRU\ ([DPSOHVRISRVVLEOHKDQGVHWVKRUWFXWV IXQFWLRQV )XQFWLRQ 3UHYLRXVO\FRQILJXUHGORFN21 3UHYLRXVO\FRQILJXUHGORFN2)) &RQQHFWZLWKRXWGLDOOLQJ21 &RQQHFWZLWKRXWGLDOOLQJ2)) , QSXW & & 1 <+VHW8VHU2SWLRQ = < D 9 <, QVHUW)XQFWLRQ = <= 9RUGLVSOD\WKHDYDLODEOHPHPRU\6KRUWFXWVWKHGLUHFWRU\ GLVSOD\WKHPHDQLQJRIWKHFXUUHQWHOHPHQWFKDUDF WHU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FRQILJXUHKRWNH\VHOHFWLRQRUORFN\RXUWHOHSKRQH KDQGVHW &KDQJLQJWKHWHOHSKRQH3, 1 , PSRUWDQWIXQFWLRQVVHWWLQJVDUHSURWHFWHGE\WKHWHOHSKRQH 3, 1KDQGVHW3, 1 6HWWLQJV = <6HFXULW\ = 7HOHSKRQH3, 1 = &KDQJH3, 1 = 1HZWHOHSKRQH3, 1= 1HZWHOHSKRQH3, 1= 'RQRWIRUJHW\RXU3, 17KH3, 1FDQRQO\EHUHVHWE\ FDOOLQJWKH6LHPHQVKRWOLQHVHHSDJH 3UHVVWKHPHQXNH\ 6HOHFWDIXQFWLRQ (QWHUWKHFXUUHQWWHOHSKRQH3, 1IDFWRU\VHWWLQJ GLVSOD\ DQGFRQILUP 6HOHFWDIXQFWLRQ (QWHUWKHQHZWHOHSKRQH3, 1GLJLWVWZLFHDQGFRQILUPr WKHQHZWHOHSKRQH3, 1LVWKHQVDYHG 7HUPLQDWHWKHIXQFWLRQ *LJDVHW&RPIRUW*%5$*% VLFKHU07IP *LJDVHW&RPIRUW*%5$*% VLFKHU07IP +DQGVHWVHFXULW\ 3UHVVNH\V +DQGVHWVHFXULW\ +RWNH\GLUHFWVWDWLRQVHOHFWLRQ :KHQKRWNH\VHOHFWLRQLVDFWLYDWHGHYHU\NH\VWURNHVHWVXS DFRQQHFWLRQWRWKHKRWNH\QXPEHUVWRUHG7KHHOGHUO\IRU H[DPSOHFDQXVHWKLVIXQFWLRQWRFDOOIRUDVVLVWDQFH 3UHVVNH\V 7HOHSKRQHORFN , IWKHWHOHSKRQHORFNLVDFWLYDWHGDOOIXQFWLRQVZLWKWKHH[FHS WLRQRIHPHUJHQF\FDOODUHGLVDEOHG7KHKDQGVHWKRZHYHU FDQVWLOOUHFHLYHFDOOV6LPSO\SUHVVWKHWDONNH\DWRWDNHLQ FRPLQJFDOOV 3UHVVWKHPHQXNH\ 6HOHFWDIXQFWLRQ (QWHUWKHWHOHSKRQH3, 1IDFWRU\VHWWLQJ 6HOHFWWKHIXQFWLRQrWKHWHOHSKRQHORFNLVDFWLYDWHG 'HDFWLYDWLQJWKHWHOHSKRQHORFN 6DYLQJFKDQJLQJGHOHWLQJDKRWNH\QXPEHU 6HWWLQJV = <6HFXULW\ = 7HOHSKRQH3, 1 = <+RW. H\6HW8S = P 9 6DYH(QWU\ = (QWHUWKHWHOHSKRQH3, 1IDFWRU\VHWWLQJDQG FRQILUP 6HOHFWDIXQFWLRQ : 3UHVVWKHPHQXNH\ 6HOHFWDIXQFWLRQ 6HWWLQJV = <6HFXULW\ = 7HOHSKRQH3, 1= <+DQGVHW/RFN = 2))7HOHSKRQH3, 1= (QWHURUFKDQJHWKH'66KRWNH\QXPEHURUGHOHWHLWZLWK 3UHVVWKHGLVSOD\NH\HQWHUWKHWHOHSKRQH3, 1DQG FRQILUP 2SHQWKHVXSSOHPHQWDU\PHQX 6DYHWKHQXPEHUWHUPLQDWHWKHIXQFWLRQDQGWKHQSURFHHGDV IROORZVWRDFWLYDWHKRWNH\VHOHFWLRQ 'LDOOLQJDQHPHUJHQF\QXPEHU (PHUJHQF\QXPEHUVVDYHGDWWKHEDVHVWDWLRQFDQEHGLDOOHG ZKHQKRWNH\VHOHFWLRQWHOHSKRQHORFNLVDFWLYHVHHSDJH 7KHGHIDXOWHPHUJHQF\QXPEHULV[[[ :KHQHQWHULQJDQXPEHULIQHFHVVDU\RSHQWKHVXS SOHPHQWDU\PHQX9DQGHQWHU, IRUDQLQWHUQDO'66 QXPEHUHJ,  $FWLYDWLQJGHDFWLYDWLQJKRWNH\VHOHFWLRQ 6HWWLQJV = <6HFXULW\ = 7HOHSKRQH3, 1= <+RW. H\ = (QWHUWKHWHOHSKRQH3, 1IDFWRU\VHWWLQJ 6HOHFWWKHIXQFWLRQDQGSUHVV=WRDFWLYDWHKRWNH\ VHOHFWLRQ 9 DFWLYDWHG +RWNH\VHOHFWLRQLVDFWLYDWHG 'HDFWLYDWLQJKRWNH\VHOHFWLRQ 2))7HOHSKRQH3, 1= 3UHVVWKHGLVSOD\NH\HQWHUWKHWHOHSKRQH3, 1DQG FRQILUP 3UHVVWKHPHQXNH\ 6HOHFWDIXQFWLRQ *LJDVHW&RPIRUW*%5$*% VLFKHU%6IP *LJDVHW&RPIRUW*%5$*% VLFKHU%6IP %DVHVWDWLRQVHFXULW\ 3UHVVNH\V %DVHVWDWLRQVHFXULW\ + 6(7"x= 6\VWHP3, 1= [QHZV\VWHP3, 1= %DVHVWDWLRQVHFXULW\ &KDQJLQJWKHEDVHVWDWLRQV\VWHP 3, 1 , QLWLDWHWKHVHWWLQJr%DVH3, 1LVGLVSOD\HG (QWHUWKHEDVHVWDWLRQnVFXUUHQWV\VWHP3, 1DQGFRQILUPIDF WRU\VHWWLQJ (QWHUWKHEDVHVWDWLRQnVQHZV\VWHP3, 1GLJLWVWZLFH DQGFRQILUPrWKHQHZV\VWHP3, 1LVWKHQVDYHG 7HUPLQDWHWKHIXQFWLRQ 3UHVVNH\V %DUULQJHQDEOLQJFDOOQXPEHUV <RXFDQXVHWKLVIXQFWLRQWREDUVSHFLILFFDOOQXPEHUVHJ DOOLQWHUQDWLRQDOQXPEHUV<RXFDQDOVRVSHFLILFDOO\HQD EOHWKHVHQXPEHUV%DUULQJHQDEOLQJDFWLRQVDIIHFWDOOKDQG VHWV $OOH[WHUQDOQXPEHUVGLDOOHGDUHFKHFNHG'LDOOLQJLVFDQFHOOHG DQGWKHEDUUHGGLJLWVDUHGLVSOD\HGLIWKHFDOOQXPEHUPDWFKHV WKHEDUUHGQXPEHU7KLVGRHVQRWKDSSHQLIWKHQXPEHULV HQDEOHG 6DYLQJFKDQJLQJGHOHWLQJFDOOQXPEHUV <RXFDQVDYHFDOOEDUULQJQXPEHUV7KHQXPEHUVFDQEH GLVSOD\HGFKDQJHGDQGGHOHWHGDWDQ\WLPH + 6(7"= 6\VWHP3, 1= , QLWLDWHWKHVHWWLQJr&DOO5HVWULFWLRQLVGLVSOD\HG (QWHUWKHEDVHVWDWLRQnVV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJrWKHVW HQWU\LVGLVSOD\HG HJ $FWLYDWLQJGHDFWLYDWLQJWKHEDVH ORFN 2XWJRLQJH[WHUQDOFDOOVDUHEORFNHGIRUDOOKDQGVHWVZKHQ WKHEDVHLVORFNHG 6WRUHGHPHUJHQF\QXPEHUVFDQEHGLDOOHGVHHSDJH + 6(7""= 6\VWHP3, 1= HJs = , QLWLDWHWKHVHWWLQJr%DVH/RFN6HWLVGLVSOD\HG (QWHUWKHEDVHVWDWLRQnVV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJ )RUH[DPSOHDFWLYDWHWKHEDVHORFN $FWLYDWH GHDFWLYDWH IDFWRU\VHWWLQJ &RQILUPWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ = = P 3Q\\BUcdbYSdY_^ !!_ %ODQNVRUFDOOQXPEHU 0HPRU\ORFDWLRQWR 3UHYLRXVO\HQWHUHG IXQFWLRQDOQXPEHUV , IQHFHVVDU\SUHVV<WRVFUROOWRWKHUHTXLUHGHQWU\PHPR U\ORFDWLRQ 6HOHFWWKHHQWU\GLVSOD\HG (QWHUWKHFDOOQXPEHUXSWRGLJLWVHJWREDULQWHUQD WLRQDOFDOOVSUHVV:WRFKDQJHRULIQHFHVVDU\GHOHWHWKH HQWLUHQXPEHU 6DYHWKHHQWU\WHUPLQDWHWKHIXQFWLRQDQGQRZDFWLYDWHEDU ULQJHQDEOLQJDVGHVFULEHGEHORZ *LJDVHW&RPIRUW*%5$*% VLFKHU%6IP %DVHVWDWLRQVHFXULW\ 3UHVVNH\V + 6(7""= 6\VWHP3, 1= HJ $FWLYDWLQJGHDFWLYDWLQJFDOOEDUULQJHQDEOLQJ , QLWLDWHWKHVHWWLQJr%DVH/RFN6HWDQGWKH FXUUHQWVHWWLQJDUHGLVSOD\HG (QWHUWKHEDVHVWDWLRQnVV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJ )RUH[DPSOHEDUQXPEHUV %DUQXPEHUV HQDEOHQXPEHUV GHDFWLYDWHFDOOEDUULQJHQDEOLQJ IDFWRU\VHWWLQJ 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ = 6DYLQJHPHUJHQF\QXPEHUV 7KHHPHUJHQF\QXPEHUVDQGDUHDOUHDG\VDYHG <RXFDQVDYHDQDGGLWLRQDOHPHUJHQF\QXPEHUV 7KHHPHUJHQF\QXPEHUVDUHYDOLGIRUDOOKDQGVHWV $QHPHUJHQF\QXPEHUFDQEHGLDOOHGHYHQLIWKH WHOHSKRQHLVORFNHGRULIWKHFDOODOORZDQFHDFFRXQW KDVUXQRXW 6DYLQJFKDQJLQJGHOHWLQJHPHUJHQF\QXPEHUV + 6(7"s= 6\VWHP3, 1= , QLWLDWHWKHVHWWLQJr(PHUJHQF\1RVLVGLVSOD\HG (QWHUWKHV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJrWKHVWHQWU\LVGLVSOD\HG HJ 5]UbWU^Si>_c !!_ %ODQNVRUFDOOQXPEHU 0HPRU\ORFDWLRQWR 3UHYLRXVO\HQWHUHG IXQFWLRQDOQXPEHUV , IQHFHVVDU\SUHVV<WRVFUROOWRWKHUHTXLUHGHQWU\PHPR U\ORFDWLRQ = P = 6HOHFWWKHHQWU\GLVSOD\HG (QWHURUFKDQJHWKHHPHUJHQF\QXPEHUXSWRGLJLWV , IQHFHVVDU\SUHVV:WRGHOHWHWKHQXPEHU 6DYHWKHHQWU\DQGWHUPLQDWHWKHIXQFWLRQ *LJDVHW&RPIRUW*%5$*% PHKUH07VIP 2SHUDWLQJPRUHWKDQRQHKDQGVHW 3UHVVNH\V LL 2SHUDWLQJPRUHWKDQRQH L KDQGVHW 5HJLVWHULQJDGGLWLRQDOKDQGVHWV q <RXFDQUHJLVWHUDQGRSHUDWHXSWRKDQGVHWVDW \RXU*LJDVHWEDVHVWDWLRQ VHWDWXSWREDVHVWDWLRQV q <RXFDQUHJLVWHUHYHU\*LJDVHW&RPIRUWKDQG 5HJLVWHULQJD*LJDVHW&RPIRUW 6WHS <%DVHVHWWLQJV = < 7KHKDQGVHWLVDOUHDG\UHJLVWHUHGDWWKHEDVHVWDWLRQ ZKHQVKLSSHG 3UHVVWKHPHQXNH\ 6HOHFWDIXQFWLRQ 6HOHFWEDVHVWDWLRQ 9 <5HJLVWHU = 6\VWHP3, 1= 1RUPDOO\HQWHUIRUEDVHVWDWLRQZKHQUHJLVWHULQJ IRUWKHILUVWWLPH:KHQUHJLVWHULQJWKHKDQGVHWDWDG GLWLRQDOEDVHVWDWLRQVHJLQWKHFRPSDQ\HQWHU RUDVWKHQXPEHURIWKHEDVHVWDWLRQ 2SHQVXSSOHPHQWDU\PHQX 6HOHFWDIXQFWLRQ (QWHUWKHV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJrHJ5HJVWU3URFHGXUH 6WDWLRQ LVGLVSOD\HG 6WHS $WWKHEDVHVWDWLRQ ! 3UHVVWKHEDVHVWDWLRQNH\XQWLODVLJQDOWRQHLVJHQHUDWHGDW WKHEDVHVWDWLRQKROGNH\GRZQIRUDSSUR[VHFRQGVrXQ DVVLJQHGLQWHUQDOFDOOQXPEHUVDUHGLVSOD\HGDIWHUDIHZVHF RQGVHJQXPEHULVDVVLJQHGWRWKHKDQGVHWVXS SOLHG 6WHS HJs (QWHUWKHUHTXLUHGLQWHUQDOFDOOQXPEHURIWKHRWKHUKDQG VHWrWKHVWDWLRQDU\EDVHQDPHHJ%DVHLVGLVSOD\HGLI UHJLVWUDWLRQLVVXFFHVVIXOVWRSVIODVKLQJ <RXUKDQGVHWLVUHDG\IRURSHUDWLRQ *LJDVHW&RPIRUW*%5$*% PHKUH07VIP *LJDVHW&RPIRUW*%5$*% PHKUH07VIP 2SHUDWLQJPRUHWKDQRQHKDQGVHW 3UHVVNH\V 3UHVVNH\V 2SHUDWLQJPRUHWKDQRQHKDQGVHW q 5HJLVWHULQJ*LJDVHW , QWHUQDOHQTXLU\FDOO <RXDUHFRQGXFWLQJDFDOOZLWKDQH[WHUQDOXVHU<RXFDQFDOODQ RWKHULQWHUQDOXVHUWRFRQGXFWDQHQTXLU\FDOOZLWKRXWFOHDULQJ GRZQWKHLQLWLDOFRQQHFWLRQ<RXDUHDXWRPDWLFDOO\UHFRQQHFW HGWRWKHH[WHUQDOXVHUZKHQ\RXHQGWKHHQTXLU\FDOO + HJs 4 3UHVVWKHGLVSOD\NH\rWKHH[WHUQDOXVHUFDQKHDUPXVLFRQ KROG (QWHUWKHLQWHUQDOFDOOQXPEHURIWKHKDQGVHW 3UHVV&$//$//WRFDOODOOKDQGVHWV (QGWKHHQTXLU\FDOOWRUHYHUWWRWKHFDOOHUSODFHGRQKROG )RULQIRUPDWLRQRQSUHSDULQJWKHVHKDQGVHWVVHHWKH UHOHYDQWRSHUDWLQJLQVWUXFWLRQV q 5HJLVWHULQJWKLUGSDUW\KDQGVHWV 3UHUHTXLVLWHWKHQRQ6LHPHQVKDQGVHWFRPSOLHV ZLWKWKH*$3VWDQGDUG *$3*HQHULF$FFHVV3URILOHLVD(XURSHDQVWDQGDUG IRUWKHLQWHUDFWLRQRIFRUGOHVVWHOHSKRQHVDQGEDVH VWDWLRQV 5HIHUWRWKHRSHUDWLQJLQVWUXFWLRQVRIWKHKDQGVHWWR EHUHJLVWHUHGIRULQIRUPDWLRQRQKRZWRUHJLVWHULWDWD *$3EDVHVWDWLRQ $WEDVHVWDWLRQ !3UHSDULQJ\RXUEDVHVWDWLRQIRUUHJLVWUDWLRQ 3UHVVWKHEDVHVWDWLRQNH\XQWLODVLJQDOWRQHLVJHQ HUDWHGDWWKHEDVHVWDWLRQKROGGRZQIRUDSSUR[ VHFRQGV <RXU6LHPHQVEDVHVWDWLRQDVVLJQVWKHILUVWXQDV VLJQHGLQWHUQDOFDOOQXPEHUWRWKHKDQGVHWDIWHUUHJLV WUDWLRQ $FFHSWLQJFDOOZDLWLQJ 7KHFDOOZDLWLQJWRQHEULHIWRQHLVJHQHUDWHGZKHQ\RXUH FHLYHDQH[WHUQDOFDOOZKLOHFRQGXFWLQJDQLQWHUQDOFDOO(;7 IODVKHVRQWKHGLVSOD\ $&&(37 3UHVVWKHGLVSOD\NH\rWKHLQWHUQDOFDOOLVFOHDUHGGRZQ\RX DUHFRQQHFWHGWRWKHH[WHUQDOFDOOHU 0DNLQJDQLQWHUQDOFDOO , QWHUQDOFDOOVDUHFRQGXFWHGZLWK\RXURWKHUUHJLVWHUHGKDQG VHWVrIUHHRIFKDUJH + HJs 3UHVVWKHGLVSOD\NH\rWKHLQWHUQDOFDOOQXPEHURI\RXUKDQG VHWLVGLVSOD\HG (QWHUWKHLQWHUQDOFDOOQXPEHURIWKHRWKHUKDQGVHW 3UHVV&$//$//WRFDOODOOKDQGVHWV (QGLQJDFDOO 3UHVVWKHHQGFDOONH\ + + &$//$// &ROOHFWLYHFDOO $OOKDQGVHWVDUHFDOOHGDQGULQJ<RXFDQDFFHSWWKHFDOODWDQ\ KDQGVHWE\SUHVVLQJWKHWDONNH\D 3UHVVWKH, 17NH\ 3UHVVWKHGLVSOD\NH\rDOODYDLODEOHKDQGVHWDUHGLVSOD\HG 'LVSOD\LQJWKHKDQGVHWQXPEHU 3UHVVWKH, 17NH\rWKHLQWHUQDOFDOOQXPEHURI\RXUKDQGVHW LVGLVSOD\HGRQWKHULJKW (QGLQJWKHGLVSOD\ 3UHVVWKHHQGFDOONH\ )RUZDUGLQJDFDOO <RXFDQIRUZDUGDQH[WHUQDOFDOOWRDQRWKHUKDQGVHWFRQQHFW + HJs 3UHVVWKHGLVSOD\NH\rWKHH[WHUQDOXVHUKHDUVPXVLFRQKROG (QWHUWKHLQWHUQDOFDOOQXPEHU :KHQWKHXVHUDQVZHUV 3UHVVWKHHQGFDOONH\WRIRUZDUGWKHFDOO *LJDVHW&RPIRUW*%5$*% PHKUH07VIP *LJDVHW&RPIRUW*%5$*% PHKUH07VIP 2SHUDWLQJPRUHWKDQRQHKDQGVHW 3UHVVNH\V 2SHUDWLQJPRUHWKDQRQHKDQGVHW 3UHVVNH\V 2SHQOLVWHQLQJDWWKHKDQGVHW <RXFDQOLVWHQLQRQDQH[WHUQDOFDOODWDQRWKHUKDQGVHW <RXDUHFRQGXFWLQJDFDOOZLWKDQH[WHUQDOXVHU + HJs /67121 7KHFDOOLVSODFHGRQKROG (QWHUWKHFDOOQXPEHURIWKHRWKHUKDQGVHWrWKHRWKHUKDQG VHWULQJVWKHRWKHULQWHUQDOXVHUSUHVVHVWKHWDONNH\D <RXDUHUHFRQQHFWHGWRWKHH[WHUQDOXVHU7KHRWKHULQWHUQDO XVHUFDQKHDUWKHFRQYHUVDWLRQ 'HDFWLYDWLQJRSHQOLVWHQLQJ /6712)) 7KHH[WHUQDOFRQQHFWLRQLVQRWDIIHFWHG 'LVDEOLQJH[WHUQDOGLDOOLQJDW LQGLYLGXDOKDQGVHWV 7KHIDFWRU\VHWWLQJSHUPLWV\RXWRPDNHH[WHUQDOFDOOVIURP HYHU\UHJLVWHUHGKDQGVHW<RXFDQXVHWKLVIXQFWLRQWRSUHYHQW LQGLYLGXDOKDQGVHWVIURPGLDOOLQJH[WHUQDOQXPEHUV <RXFDQXVHEORFNHGKDQGVHWVWR r PDNHLQWHUQDOFDOOV r DFFHSWH[WHUQDOFDOOV r GLDOWKHHPHUJHQF\QXPEHUVVDYHGDWWKHEDVHVWDWLRQVHH SDJH + 6(7"= 6\VWHP3, 1= , QLWLDWHWKHVHWWLQJr+VHW5HVWULFWLRQLVGLVSOD\HG (QWHUWKHV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJ7KHQXPEHUVRIDOOUHJLVWHUHGKDQG VHWVLVGLVSOD\HG (QWHUWKHKDQGVHWnVLQWHUQDOFDOOQXPEHU 'HDFWLYDWHH[WHUQDOGLDOOLQJEORFN 'HDFWLYDWH DFWLYDWH 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ 7KHLQWHUQDOXVHUFDQHOHFWWRWHUPLQDWHRSHQOLVWHQLQJ E\UHSODFLQJWKHKDQGVHW 'HUHJLVWHULQJKDQGVHWV $GHUHJLVWHUHGKDQGVHWFDQQRWEHXVHGWRPDNHFDOOVDWWKLV EDVHVWDWLRQHJWRSURWHFWDJDLQVWXQDXWKRULVHGXVH + 6(7w= 6\VWHP3, 1= HJs = , QLWLDWHGHUHJLVWUDWLRQr'HUHJLVWHU+VHWLVGLVSOD\HG (QWHUWKHV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJrDOOUHJLVWHUHGKDQGVHWVDUHGLVSOD\HG (QWHUWKHLQWHUQDOFDOOQXPEHURIWKHKDQGVHWWREHGHUHJLV WHUHGrWKHQXPEHULVQRORQJHUGLVSOD\HG &RQILUPGHUHJLVWUDWLRQDQGWHUPLQDWHWKHIXQFWLRQ HJs HJ" = &RQQHFWLQJDID[PRGHP <RXFDQUHJLVWHUID[PDFKLQHVDQGPRGHPVDWWKHEDVHVWD WLRQLQWKHVDPHZD\DVDKDQGVHWYLDDFRUGOHVV*LJDVHW 7$(FRQQHFWRU7RGRWKLV\RXPXVWPRGLI\WKHGHYLFH W\SHIRUWKH*LJDVHW7$( 6HWWLQJWKHGHYLFHW\SH + 6(7= 6\VWHP3, 1= HJu HJ , QLWLDWHWKHVHWWLQJr'HYLFH6HOHFWLRQLVGLVSOD\HG (QWHUWKHV\VWHP3, 1DQGFRQILUPIDFWRU\VHWWLQJrDOO UHJLVWHUHGKDQGVHWVDUHGLVSOD\HG (QWHUWKHLQWHUQDOFDOOQXPEHURIWKH*LJDVHW 7$( 6HWWKHGHYLFHW\SH VWDWLRQDU\WHOHSKRQHKDQGVHW IDFWRU\VHWWLQJID[ PRGHP 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ = *LJDVHW&RPIRUW*%5$*% PHKUH07VIP *LJDVHW&RPIRUW*%5$*% PHKUH07VIP 2SHUDWLQJPRUHWKDQRQHKDQGVHW 3UHVVNH\V 2SHUDWLQJPRUHWKDQRQHKDQGVHW 3UHVVNH\V $FWLYDWLQJGHDFWLYDWLQJWKHULQJHU $OOKDQGVHWVULQJLPPHGLDWHO\WRVLJQDODQLQFRPLQJH[WHU QDOFDOOrFROOHFWLYHFDOOIDFWRU\VHWWLQJ7KHFDOOVFDQEHDF FHSWHGDWDOOKDQGVHWVE\SUHVVLQJWKHWDONNH\D +RZHYHU\RXFDQGHDFWLYDWHWKHULQJHUDWLQGLYLGXDOKDQG VHWVrWKHVHKDQGVHWVQRORQJHUULQJZKHQH[WHUQDOFDOOVDUH UHFHLYHG 6HWWLQJDSULRULW\KDQGVHW 7KHKDQGVHWZLWKDVLWVFDOOQXPEHULVDXWRPDWLFDOO\WKHSUL RULW\KDQGVHWrDQGULQJVILUVWIDFWRU\VHWWLQJ <RXFDQVHWDQ\RWKHUKDQGVHWDVWKHSULRULW\KDQGVHW + 6(7= 6\VWHP3, 1= HJs = , QLWLDWHWKHVHWWLQJr5LQJ3ULRULW\LVGLVSOD\HG (QWHUWKHV\VWHP3, 1DQGFRQILUPIDFWRU\VHWWLQJrWKH SULRULW\QXPEHULVGLVSOD\HG (QWHUWKHFDOOQXPEHURIWKHSULRULW\KDQGVHW 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ + 6(7= 6\VWHP3, 1= HJ , QLWLDWHWKHVHWWLQJr&DOO*URXSLVGLVSOD\HG (QWHUWKHV\VWHP3, 1DQGFRQILUPIDFWRU\VHWWLQJrDOO KDQGVHWVZLWKULQJHUDUHGLVSOD\HG (QWHUWKHLQWHUQDOFDOOQXPEHUVRIWKHKDQGVHW r FDOOQXPEHULVGLVSOD\HG ULQJHURQ r FDOOQXPEHULVQRWGLVSOD\HG ULQJHURII 6HWWLQJWKHQXPEHURIULQJVIRUULQJGHOD\ <RXFDQVHWWKHQXPEHURIULQJVDOORZHGEHIRUHWKHFDOOLVVLJ QDOOHGDWWKHRWKHUKDQGVHWV + 6(7u= 6\VWHP3, 1= HJ = , QLWLDWHWKHVHWWLQJr1R5LQJ3ULRULW\LVGLVSOD\HG (QWHUWKHV\VWHP3, 1DQGFRQILUPIDFWRU\VHWWLQJrWKH FXUUHQWVHWWLQJLVGLVSOD\HGHJ (QWHUWKHQXPEHURIULQJV 7KHFDOOLVVLJQDOOHGDIWHUULQJV WRULQJV 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ = 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ 6HWWLQJWKHULQJGHOD\FROOHFWLYH FDOOGLUHFWLQZDUGGLDOOLQJ <RXFDQXVHWKLVIXQFWLRQWRVZLWFKIURPFROOHFWLYHFDOOIDFWRU\ VHWWLQJWRULQJGHOD\RUGLUHFWLQZDUGGLDOOLQJ r , IFROOHFWLYHFDOOLVDFWLYDWHGDOOKDQGVHWVULQJLPPHGL DWHO\ZKHQH[WHUQDOFDOOVDUHUHFHLYHG r , IULQJGHOD\LVDFWLYDWHGFDOOVDUHVLJQDOOHGILUVWDWWKHSUL RULW\KDQGVHWDQGWKHQDWWKHRWKHUKDQGVHWVIRUH[DPSOH DIWHUULQJV7KHSULRULW\KDQGVHWDQGWKHULQJGHOD\ QXPEHURIULQJVPXVWILUVWEHGHILQHG r , IGLUHFWLQZDUGGLDOOLQJLVDFWLYDWHGDQH[WHUQDOFDOOHUFDQ FDOODVSHFLILFKDQGVHW + 6(7s= 6\VWHP3, 1= RU s RU = 6HWGLUHFWLQZDUGGLDOOLQJ 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ 6HWULQJGHOD\ , QLWLDWHWKHVHWWLQJr5LQJ2SWLRQLVGLVSOD\HG (QWHUWKHV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJ 6HWFROOHFWLYHFDOO *LJDVHW&RPIRUW*%5$*% PHKUH07VIP 2SHUDWLQJPRUHWKDQRQHKDQGVHW 3UHVVNH\V 5RRPPRQLWRU :KHQWKLVIHDWXUHLVDFWLYHDQLQWHUQDOFDOOLVVHWXSWRD VSHFLILHGKDQGVHWDVVRRQDVWKHQRLVHLQWKHPRQLWRUHGURRP UHDFKHVWKHSUHGHILQHGOHYHO<RXFDQKHDUWKHQRLVHLQWKH URRPZKHQ\RXSLFNXSWKHFDOO7KHURRPPRQLWRUUHPDLQVDF WLYHHYHQDIWHUWKHKDQGVHWLVUHSODFHG&DOOVWRWKHURRPPRQ LWRURQO\DSSHDURQWKHGLVSOD\ 7KHGLVWDQFHIURPWKHREMHFWPRQLWRUHGHJEDE\VKRXOGEH EHWZHHQDQGPHWUHV 6DYLQJWKHURRPPRQLWRUFDOOQXPEHU <5RRP0RQLWRU6HW = <5RRP0RQLW1R = HJs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DQGIODVKrVHHWKHRSHUDWLQJLQ VWUXFWLRQVIRU\RXU3$%; 2SWLRQV r '70) IODVKPV r '70) DGMXVWDEOHIODVKWLPH r '3GLDOSXOVLQJ 6HWWLQJWKHGLDOOLQJPRGH + 6(7= 6\VWHP3, 1= HJs , QLWLDWHWKHVHWWLQJr'LDOOLQJ0RGHLVGLVSOD\HG (QWHUWKHV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJrWKHFXUUHQWVHWWLQJLVGLVSOD\HG 6HWWKHGLDOOLQJPRGH '70) IODVKPV '70) DGMXVWDEOHIODVKWLPH '3 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ = 6HWWLQJWKHIODVKWLPH 3UHUHTXLVLWH\RXVZLWFKHGWR'70) DGMXVWDEOHIODVKWLPHDV GHVFULEHGEXW\RXU3$%;UHTXLUHVDGLIIHUHQWIODVKWLPH + 6(7us= 6\VWHP3, 1= HJ , QLWLDWHWKHVHWWLQJr5HFDOO'XUDWLRQLVGLVSOD\HG (QWHUWKHV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJ 6HWWKHIODVKWLPH PV PV PV PV PV PV PV 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ = *LJDVHW&RPIRUW*%5$*% DQODJHQIP *LJDVHW&RPIRUW*%5$*% DQODJHQIP &RQQHFWLQJWRD3$%; 3UHVVNH\V &RQQHFWLQJWRD3$%; 6ZLWFKLQJWRWRQHGLDOOLQJ , I\RXDUHRSHUDWLQJWKHEDVHVWDWLRQDWD3$%;ZLWKGLDOSXOV LQJ'3\RXFDQVZLWFKWRWRQHGLDOOLQJ'70)HJWRFKHFN DQDQVZHULQJPDFKLQH 3UHUHTXLVLWHDFRQQHFWLRQLVDFWLYH 3UHVVNH\V 3DXVHDIWHUGLDORXWQXPEHU 3UHUHTXLVLWH\RXKDYHVDYHGDGLDORXWQXPEHUDQGZRXOG OLNHWRFKDQJHWKHGHIDXOWSDXVH 7KHSDXVHVHWKHUHLVDOZD\VLQVHUWHGE\WKHEDVHVWDWLRQDIWHU WKHGLDORXWQXPEHU)RULQIRUPDWLRQRQZKHWKHUDQGKRZORQJ WKLVSDXVHPXVWEHVHHWKHRSHUDWLQJLQVWUXFWLRQVIRU\RXU 3$%; <6ZLWFKWR7RQH = 7RQHGLDOOLQJLVDFWLYH + 6(7u= 6\VWHP3, 1= HJ , QLWLDWHWKHVHWWLQJr3DXVH$FFHVV&RGHLVGLVSOD\HG (QWHUWKHEDVHVWDWLRQnVV\VWHP3, 1DQGFRQILUPIDFWRU\VHW WLQJrWKHFXUUHQWVHWWLQJLVGLVSOD\HG (QWHUWKHSDXVHOHQJWK VHFRQG VHFRQGV VHFRQGV RUVHFRQGV 6DYHWKHVHWWLQJDQGWHUPLQDWHWKHIXQFWLRQ 6DYLQJDGLDORXWQXPEHU 3UHUHTXLVLWHDGLDORXWQXPEHUHJPXVWEHGLDOOHGEH IRUHWKHFDOOQXPEHUIRUH[WHUQDOFDOOVDW\RXU3$%; 7KHGLDORXWQXPEHULVDOVRNQRZQDVDSUHIL[FRGHRUDFFHVV FRGH = q 3OHDVHQRWHWKDWWKHGLDORXWQXPEHUPXVWEHHQ WHUHGZKHQVDYLQJHPHUJHQF\QXPEHUVGLUHFW VWDWLRQVHOHFWLRQQXPEHUVDOOQXPEHUVIRUWKH GLUHFWRU\DQGSUHIL[QXPEHUVIRUWKHQHWZRUN DFFHVVOLVW WKHIL[HGHPHUJHQF\QXPEHUVHJ\RX VKRXOGUHVDYHWKHHPHUJHQF\QXPEHUVZLWKWKH GLDORXWQXPEHUHJIRUVHFXULW\UHDVRQV ZD\VDXWRPDWLFDOO\LQVHUWHGEHIRUHWKHFDOOQXP EHUVLQWKHFDOOHUOLVWDQGGLDOOHG q 6LQFHDQHPHUJHQF\FDOOFDQQRWEHPDGHZLWK q 7KHGLDORXWQXPEHUWKDW\RXVDYHKHUHLVDO + 6(7u"= 6\VWHP3, 1= HJ" = , QLWLDWHWKHVHWWLQJr$FFHVV&RGHLVGLVSOD\HG (QWHUWKHV\VWHP3, 1DQGFRQILUP IDFWRU\VHWWLQJ (QWHURUFKDQJHWKHRXWGLDOQXPEHUXSWRGLJLWV 6DYHWKHFRGHDQGWHUPLQDWHWKHIXQFWLRQ *LJDVHW&RPIRUW*%5$*% DQKDIP *LJDVHW&RPIRUW*%5$*% DQKDIP $SSHQGL[ $SSHQGL[ $SSHQGL[ 0DLQWHQDQFH q 6LPSO\ZLSHWKHEDVHWHOHSKRQHDQGKDQGVHWZLWKDGDPSFORWKRUDQDQWL )DXOW 3RVVLEOHFDXVH 6ROXWLRQ 6HWWKHSULFHSHUXQLW SDJH &DOOFKDUJHVDUHQRWGLV 3ULFHSHUXQLW SOD\HG 7KHFDOOHGSDUW\FDQQRW 7KH+ZDVSUHVVHGr 3UHVV4WRDFWLYDWH WKHPLFURSKRQHLVPXW WKHPLFURSKRQH KHDU HG 7KHFDOOHUnVQXPEHULV QRWGLVSOD\HG &DOOQXPEHUQRWWUDQV PLWWHG 5HTXHVWFDOOQXPEHU WUDQVPLVVLRQIHDWXUH IURPWHOHSKRQHFRPSD Q\ VWDWLFZLSH1HYHUXVHDGU\FORWKDVWKLVFDQFDXVHVWDWLFGLVFKDUJH 7URXEOHVKRRWLQJ )DXOW 1RGLVSOD\ 3RVVLEOHFDXVH +DQGVHWQRWDFWLYDWHG %DWWHULHVIODW 1RUHDFWLRQWRNH\ VWURNH 1RUDGLRFRQQHFWLRQWR WKHEDVHVWDWLRQr %DVHIODVKLQJ . H\SDGSURWHFWLRQDFWL YDWHG +DQGVHWRXWVLGHWKH EDVHVWDWLRQUDQJH +DQGVHWQRWUHJLVWHUHG %DVHVWDWLRQQRW DFWLYDWHG +DQGVHWEDVHVWDWLRQ GRHVQRWULQJ ([WHUQDOFDOOQXPEHUV FDQQRWEHGLDOOHG 5LQJHURII %DVHORFNDFWLYDWHG +DQGVHWORFNDFWLYDWHG &DOOQXPEHUPDWFKHVD EDUULQJFRGH &UHGLWEDODQFHIRUFDOO DOORZDQFHDFFRXQWKDV UXQRXW ([WHUQDOGLDOOLQJGLV DEOHG 8QLWVFDOOFKDUJHVDUH QRWGLVSOD\HG &DOOFKDUJHSXOVHLV PLVVLQJ 6ROXWLRQ +ROGGRZQWKHHQGFDOO NH\IRUVHFRQG &KDUJHRUUHSODFHWKH EDWWHULHVSDJH +ROGGRZQWKH} NH\IRUVHFRQG 0RYHFORVHGWRWKH EDVHVWDWLRQ 5HJLVWHUWKHKDQGVHW SDJH &KHFNWKHFRQQHFWRUDW WKHEDVHVWDWLRQSDJH  $FWLYDWHWKHULQJHU SDJHSDJH 'HDFWLYDWHORFN SDJH 'HDFWLYDWHORFN SDJH %DUULQJFRGHV SDJH &DOODOORZDQFHDFFRXQW SDJH 'LVDEOHH[WHUQDOGLDOOLQJ SDJH &DOOFKDUJHSXOVHWUDQV PLVVLRQUHTXHVWHGIURP \RXUWHOHSKRQHFRPSD Q\SDJH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q *UHDW%ULWDLQ6LHPHQV6HUYLFH[[[[[ XQLW<RXUVSHFLDOLVWGHDOHUZLOOEHKDSS\WRDQVZHUDQ\TXHVWLRQVRQXQLW RSHUDWLRQ&RQWDFW\RXUQHWZRUNSURYLGHUIRUTXHVWLRQVFRQFHUQLQJWHO HSKRQHFRQQHFWLRQV 6LHPHQV6HUYLFHVKRXOGRQO\EHFRQWDFWHGLISUREOHPVDULVHZLWKWKH *LJDVHW&RPIRUW*%5$*% DQKDIP $SSHQGL[ $SSURYDO *LJDVHW KDVUHFHLYHGDSSURYDOIRURSHUDWLRQLQ\RXUFRXQWU\DVGHSLFWHG RQWKHXQGHUVLGHRIWKHEDVHVWDWLRQ , QWKHFDVHRIDSSURYDOLQFRPSOLDQFHZLWK, &75 IURPJD]HWWH 7KLVHTXLSPHQWKDVEHHQDSSURYHGWR>&RXQFLO'HFLVLRQ(&&75@IRUSDQ(X URSHDQVLQJOHWHUPLQDOFRQQHFWLRQWRWKH3XEOLF6ZLWFKHGWHOHSKRQH1HWZRUN3671 +RZHYHUGXHWRGLIIHUHQFHVEHWZHHQWKHLQGLYLGXDO3671VSURYLGHGLQGLIIHUHQWFRXQWULHV WKHDSSURYDOGRHVQRWRILWVHOIJLYHDQXQFRQGLWLRQDODVVXUDQFHRIVXFFHVVIXORSHUDWLRQRQ HYHU\3671WHUPLQDOSRLQW , QWKHHYHQWRISUREOHPV\RXVKRXOGFRQWDFW\RXUHTXLSPHQWVXSSOLHULQWKHILUVWLQVWDQFH , QGH[ *LJDVHW&RPIRUW*%5$*% &R6, ;IP $ $FWLYDWLQJ EHHSV KDQGVHW NH\SDGSURWHFWLRQ PXVLFRQKROG WHOHSKRQHORFNKRWNH\VHOHFWLRQ $GYLVRU\DQQRXQFHPHQW $QQRXQFHPHQW$0 GHOHWLQJ UHFRUGLQJ VHOHFWLQJ $QVZHULQJPDFKLQH DFWLYDWLQJGHDFWLYDWLQJ $SSURYDO $XWRWDONDXWRPDWLF $XWRPDWLFFDOODFFHSWDQFH &DUULHUVHUYLFHV &KDUJHVDYLQJIXQFWLRQ &KDUJHVGLVSOD\LQJGHOHWLQJ &/, 3FDOOQXPEHUGLVSOD\ &ROOHFWLYHFDOO &ROOHFWLYHFDOOULQJGHOD\VHWWLQJ &RQILUPEHHS &RQQHFWLQJ &RQWHQWVRIWKHSDFNDJH &RVWVGLVSOD\LQJGHOHWLQJ ' % %DVHVWDWLRQ DFWLYDWLQJGHDFWLYDWLQJPXVLFRQKROG LQVWDOODWLRQ UHVHWWLQJWKHIDFWRU\VHWWLQJV VHWWLQJSDXVHV VHWWLQJWKHGDWH VHWWLQJWKHULQJHUPHORG\ VHWWLQJWKHULQJHUYROXPH %DWWORZEHHS %DWWHULHVLQVHUWLQJDQGFKDUJLQJ %HHSV %HOWFOLS %URDGFDVWDQQRXQFHPHQW FRQGXFWLQJ VHWWLQJ & 'DWHVHWWLQJ 'HDFWLYDWLQJ EHHSV KDQGVHW NH\SDGSURWHFWLRQ PXVLFRQKROG WHOHSKRQHORFNKRWNH\VHOHFWLRQ 'HIDXOWDQQRXQFHPHQW 'LUHFWLQZDUGGLDOOLQJ 'LUHFWRU\QHWZRUNDFFHVVOLVW FDOOQXPEHUIURPWKHFDOOHUOLVW FKDQJLQJDQHQWU\ FRS\LQJ FRS\LQJDQHQWU\ GHOHWLQJDOOHQWULHV GHOHWLQJRUGLVSOD\LQJDQHQWU\ GLDOOLQJDFDOOQXPEHU HQWHULQJQDPHV VDYLQJDFDOOQXPEHU 'LVSOD\V\PEROVNH\VIO\OHDI 'LVSOD\NH\V 'LVSOD\ODQJXDJHVHWWLQJ '3GLDOSXOVLQJ '70)GXDOWRQHPXOWLIUHTXHQF\VLJQDOOLQJ , QGH[ &DOODOORZDQFHDFFRXQW &DOOFKDUJHVGLVSOD\LQJ &DOOGXUDWLRQGLVSOD\LQJ &DOOQXPEHUVEDUULQJHQDEOLQJ &DOOSLFNXS &DOOZDLWLQJ &DOOHUOLVW FDOOQXPEHULQWKHGLUHFWRU\ &DOOLQJ H[WHUQDO LQWHUQDO &DOOVUHFRUGLQJ ( (PHUJHQF\QXPEHU GLDOOLQJ VDYLQJ (QTXLU\FDOOLQWHUQDO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WHUPLQDWLQJ WHOHSKRQH3, 1 6HUYLFH 6HWWLQJV GLVSOD\ODQJXDJH KDQGVHWYROXPH ORXGVSHDNHUYROXPH ULQJHUPHORG\ ULQJHUYROXPH VKRUWULQJHUWRQH 6KRUWFXWV KDQGVHWVKRUWFXWV 6KRUWULQJHUWRQHDGYLVRU\WRQHRQO\ 6\VWHPORFNDFWLYDWLQJGHDFWLYDWLQJ 7 7$(WHOHSKRQHFRQQHFWRU 7HOHSKRQHORFN 7HOHSKRQHPDLQWHQDQFH 7LPHHQWHULQJ 7URXEOHVKRRWLQJ 9 9RLFHFDOOLQJ 4 5 , 4XLFNUHIHUHQFHJXLGHIO\OHDI , QIRWH[W$0UHFRUGLQJ , QVHUWLQJDQGFKDUJLQJWKHEDWWHULHV . . H\EHHSV EDVHVWDWLRQ KDQGVHW . H\SDGSURWHFWLRQ / /RXGVSHDNHUYROXPHVHWWLQJ 0 0DLOER[IXQFWLRQ 0DNLQJDQLQWHUQDOFDOO 0DNLQJFDOOV DFFHSWLQJDFDOO DQVZHULQJDFDOO H[WHUQDO LQWHUQDO 0DOIXQFWLRQVKHOS 0HVVDJH$0 GHOHWLQJ SOD\LQJEDFN WHUPLQDWLQJSOD\EDFN 0LFURSKRQHPXWLQJ 5DQJH 5HFRUGLQJ 5HFRUGLQJDFDOO 5HGLDO DXWRPDWLF PDQXDO 5HPRWHUHWULHYDO$0 DFWLYDWLQJWKHDQVZHULQJPDFKLQH SOD\LQJEDFNPHVVDJHV SOD\LQJEDFNVHOHFWLQJDQQRXQFHPHQWV UHFRUGLQJDQQRXQFHPHQWV XVLQJKHOS 5LQJHUPHORG\VHWWLQJ 5LQJHUYROXPHVHWWLQJ 5LQJHUDFWLYDWLQJGHDFWLYDWLQJ 5RRPPRQLWRU 6 6DIHW\SUHFDXWLRQVIO\OHDI 6DYLQJ FDOODOORZDQFH FDOOQXPEHUV FUHGLWEDODQFH HPHUJHQF\QXPEHUV V\VWHP3, 1 *LJDVHW&RPIRUW*%5$*% &R6, ;IP leere Seite mu bleiben, da Kurz-BA zumAusschneiden immer auf rechte Seite mu!! *LJDVHW&RPIRUW*%5$*% IHUQEHGLHQIP $QVZHULQJPDFKLQHUHPRWH RSHUDWLRQ 7KHNH\IXQFWLRQVIRURSHUDWLQJWKHDQVZHULQJPDFKLQHUHPRWHO\DUHWKHVDPH IRUDOOWHOHSKRQHVKDQGVHWVDQGWRQHWUDQVPLWWHUV7KHFUHGLWFDUGFOHDUO\LQ GLFDWHVWKHLQWHUDFWLRQEHWZHHQFRQWUROFRPPDQGVDQGNH\VDQGKRZWRSHU IRUPUHPRWHRSHUDWLRQVDWDQH[WHUQDOWHOHSKRQH 9RLFHFDOOLQJ 6WDWXVKHOS d 3 6 9 8 7 c 1HZ I 2 5 f , QLWLDWLQJUHPRWHRSHUDWLRQ P'LDORZQFDOOQXPEHU<RXKHDU\RXUDQQRXQFHPHQWWH[W }P 3UHVVWKHSRXQGNH\DQGHQWHUWKHDQVZHULQJ PDFKLQH3, 1 8VHGLJLWNH\VWRFRQWUROWKHDQVZHULQJPDFKLQH $FWLYDWLQJWKHDQVZHULQJPDFKLQH OHWWKHWHOHSKRQHULQJIRUDSSUR[PLQXWH }P 3UHVVWKHSRXQGNH\DQGHQWHUWKHDQVZHULQJ PDFKLQH3, 1 7KHDQVZHULQJPDFKLQHVZLWFKHVRQ D 1 4 0 # *LJDVHW&RPIRUW*%5$*% XPVFKOBKIP *LJDVHW&RPIRUW*%5$*% XPVFKOBKIP , PSRUWDQWPHQXV *LJDVHW &RPIRUWLVDPHQXGULYHQKDQGVHW %DVHVWDWLRQVHWWLQJV , 17 6(7 'LVSOD\ " RU < " s u w x y " s u w x y } " s w " s u w x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u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