'FBUVSFTꢀPGꢀZPVSꢀWFIJDMF
8JOEPXT
1PXFSꢀXJOEPXT
PQFOꢍꢂTMJHIUMZꢂSFEVDFꢂUIFꢂTJ[FꢂPGꢂUIFꢂ
TVOSPPGꢂPQFOJOHꢁ
-
5IFꢂUIFꢂ&/(*/&ꢂ45"35ꢉ4501ꢂCVU
UPOꢂNVTUꢂCFꢂJOꢂUIFꢂ0/ꢂQPTJUJPOꢂGPSꢂ
QPXFSꢂXJOEPXTꢂUPꢂPQFSBUFꢁ
8"3/*/(
&BDIꢂEPPSꢂIBTꢂBꢂQPXFSꢂXJOEPXꢂ
%PꢂOPUꢂJOTUBMMꢂBOZꢂBDDFTTPSJFTꢂJOꢂUIFꢂ
BSFBꢂPGꢂXJOEPXTꢁꢂ*UꢂNBZꢂJNQBDUꢂKBNꢂ
QSPUFDUJPOꢁ
-
TXJUDIꢂUIBUꢂDPOUSPMTꢂUIFꢂEPPSꢎTꢂXJO
EPXꢁꢂ5IFꢂESJWFSꢂIBTꢂBꢂQPXFSꢂXJOEPXꢂ
MPDLꢂTXJUDIꢂXIJDIꢂDBOꢂCMPDLꢂUIFꢂ
PQFSBUJPOꢂPGꢂUIFꢂSFBSꢂQBTTFOHFSTꢂ
XJOEPXTꢁꢂ5IFꢂQPXFSꢂXJOEPXTꢂDBOꢂ
CFꢂPQFSBUFEꢂGPSꢂBQQSPYJNBUFMZꢂꢀꢏꢂ
NJOVUFTꢂBGUFSꢂUIFꢂ&/(*/&ꢂ45"35ꢉ
4501ꢂCVUUPOꢂIBTꢂCFFOꢂQMBDFEꢂGSPNꢂ
0/ꢂPSꢂ"$$ꢂUPꢂ0''ꢂQPTJUJPOꢁꢂ)PXFWFSꢍꢂ
JGꢂUIFꢂGSPOUꢂEPPSTꢂPQFOꢍꢂUIFꢂQPXFSꢂ
XJOEPXTꢂDBOOPUꢂCFꢂPQFSBUFEꢂXJUIJOꢂ
UIFꢂꢀꢏꢂNJOVUFTꢂQFSJPEꢁꢂ JGꢂFRVJQQFEꢅ
8JOEPXꢀPQFOJOHꢀBOEꢀDMPTJOH
5IFꢂESJWFS䳓TꢂEPPSꢂIBTꢂBꢂNBTUFSꢂ
QPXFSꢂXJOEPXꢂTXJUDIꢂUIBUꢂDPOUSPMTꢂ
BMMꢂUIFꢂXJOEPXTꢂJOꢂUIFꢂWFIJDMFꢁ
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*GꢂUIFꢂXJOEPXꢂDBOOPUꢂCFꢂDMPTFEꢂ
CFDBVTFꢂJUꢂJTꢂCMPDLFEꢂCZꢂPCKFDUTꢍꢂ
SFNPWFꢂUIFꢂPCKFDUTꢂBOEꢂDMPTFꢂUIFꢂ
XJOEPXꢁ
/05*$&
OBDC049084RE
䳜 5PꢂPQFOꢂPSꢂDMPTFꢂBꢂXJOEPXꢍꢂQSFTTꢂ
EPXOꢂPSꢂQVMMꢂVQꢂUIFꢂGSPOUꢂQPSUJPOꢂ
PGꢂUIFꢂDPSSFTQPOEJOHꢂTXJUDIꢂUPꢂ
UIFꢂGJSTUꢂEFUFOUꢂQPTJUJPOꢂ ꢇꢅꢁ
8IJMFꢂESJWJOHꢂXJUIꢂUIFꢂSFBSꢂXJOEPXTꢂ
EPXOꢂPSꢂXJUIꢂUIFꢂTVOSPPGꢂ JGꢂ
FRVJQQFEꢅꢂJOꢂBOꢂPQFOꢂ PSꢂQBSUJBMMZꢂ
PQFOꢂQPTJUJPOꢅꢍꢂZPVSꢂWFIJDMFꢂNBZꢂ
EFNPOTUSBUFꢂBꢂXJOEꢂCVGGFUJOHꢂPSꢂ
-
QVMTBUJPOꢂOPJTFꢁꢂ5IJTꢂOPJTFꢂJTꢂBꢂOPS
NBMꢂPDDVSSFODFꢂBOEꢂDBOꢂCFꢂSFEVDFEꢂ
PSꢂFMJNJOBUFEꢂCZꢂUBLJOHꢂUIFꢂGPMMPXJOHꢂ
BDUJPOTꢁꢂ*GꢂUIFꢂOPJTFꢂPDDVSTꢂXJUIꢂPOFꢂ
PSꢂCPUIꢂPGꢂUIFꢂSFBSꢂXJOEPXTꢂEPXOꢍꢂ
QBSUJBMMZꢂMPXFSꢂCPUIꢂGSPOUꢂXJOEPXTꢂ
-
BQQSPYJNBUFMZꢂPOFꢂJODIꢁꢂ*GꢂZPVꢂFYQF
SJFODFꢂUIFꢂOPJTFꢂXJUIꢂUIFꢂTVOSPPGꢂ
ꢁ
35