Page 16
i $OOUHWXUQVPXVWEHVKLSSHGWRWKHIDFWRU\DW(DVWUG6WUHHW6XLWH$ /DZUHQFH.686$ i $OOH[SHQVHVRIUHWXUQLQJLWHPVWR.DQWURQLFVPXVWEHSDLGE\\RXLQFOXGLQJDQ\ GXW\HQWU\IHHVZKHWKHUWKHUHWXUQLVIRUZDUUDQW\RUQRQZDUUDQW\UHSDLU i 8VXDOO\WKHEHVWZD\WRUHWXUQLWHPVWRXVLVE\PDLO+RZHYHULI\RXZLVKWRXVH RQHRIWKHFRXULHUVHUYLFHVVXFKDV'+/836([SHGLWHG)HGHUDO([SUHVVHWF EHVXUHWRXVH'22572'225VHUYLFH,I\RXXVHRQHRIWKHVHVHUYLFHVD FRPPHUFLDOLQYRLFHPD\EHUHTXLUHG3OHDVHFKHFNZLWK\RXUFDUULHUEHIRUH VKLSSLQJ i ,QFOXGHLQWKHGHVFULSWLRQRIWKHLWHPVRQWKHSDSHUZRUNZKHWKHUSRVWDORU FRXULHUWKHZRUGV ³86*22'65(7851(')255(3$,55(3/$&(0(17´ $QDGGLWLRQDOGHVFULSWLRQRI³$PDWHXUUDGLRSHULSKHUDOHTXLSPHQW´RU³'DWD FRPPXQLFDWLRQVHTXLSPHQW´ZRXOGEHKHOSIXO,WZRXOGDOVREHKHOSIXOEXWQRW UHTXLUHGWRLQFOXGHWKHFRGHQXPEHUZKLFKWHOOV86&XVWRPV DJHQWVWKDWWKHSDFNDJHFRQWDLQV³86JRRGVUHWXUQHGZLWKRXW LPSURYHPHQWHQKDQFHPHQW´+RZHYHULIWKHZRUGV³86JRRGVUHWXUQHGIRU UHSDLUUHSODFHPHQW´DUHRQWKHSDSHUZRUNWKHQXPEHULVQRWUHDOO\QHFHVVDU\ i 3URYLGHDYDOXHIRUFXVWRPVSXUSRVHV7KLVLVXVXDOO\WKHYDOXHRIWKHLWHPVLQ WKHLUFXUUHQWFRQGLWLRQ$YDOXHLVQRWDFFHSWDEOHIRU86&XVWRPV i ,QVLGHWKHSDFNDJHZLWKWKHLWHPVLQFOXGH x DID[QXPEHUDQGRUHPDLODGGUHVVLIDYDLODEOHLQFDVHZHQHHGWR FRQWDFW\RX x DFRUUHFWDQGIXOODGGUHVVIRUUHWXUQ x PHWKRGRISD\PHQWWREHXVHGIRUDQ\FKDUJHVLI0DVWHU&DUGRU9,6$ LQFOXGHH[SLUDWLRQGDWH x DEULHIGHVFULSWLRQRIWKHSUREOHP x DUHIHUHQFHWRDQ\FRQYHUVDWLRQVZLWKWKHWHFKQLFDOVDOHVVWDIIDERXWWKH SUREOHP x DQGWKH5HWXUQ$XWKRUL]DWLRQQXPEHUDVVLJQHG i )RUZDUUDQW\UHSDLUVZHZLOOSD\WKHVKLSSLQJFKDUJHVWRUHWXUQWKHLWHPVWR\RX YLDDLUSDUFHOSRVW,I\RXZLVKUHWXUQE\FRXULHUVHUYLFHLQFOXGH\RXUDFFRXQW...
Page 17
VHQW\RXU:DUUDQW\5HJLVWUDWLRQIRUPDQGSURRIRISXUFKDVHWR.DQWURQLFVDQG WKHLWHPVPXVWVWLOOEHZLWKLQWKHZDUUDQW\SHULRGDWWKHWLPHWKHUHWXUQLV DXWKRUL]HG i )RUQRQZDUUDQW\UHSDLUV\RXPXVWSD\WKHUHWXUQVKLSSLQJFKDUJHV...
Page 19
LQVWDOODWLRQV([SHULHQFHKDVVKRZQWKDWWKHVHGLIIHUHQFHVDUHUHODWHGWRWKHWRWDO5) HQYLURQPHQWDQGPD\EHFDXVDWLYHIDFWRUVLQ5),LQGXFHGSUREOHPV7KHVXJJHVWLRQV JLYHQKHUHPD\DVVLVWLQUHVROYLQJ5),SUREOHPV x 8VHVKLHOGHGFDEOHIRUDOOFRQQHFWLRQVEHWZHHQHTXLSPHQW6HHQRWHDERYH x 0DNHDOOLQWHUFRQQHFWLQJFDEOHVDVVKRUWDVSUDFWLFDO x $EDODQFHVKRXOGEHPDLQWDLQHGEHWZHHQFDEOHOHQJWKDQGHTXLSPHQWSUR[LPLW\ $WWLPHVVLPSO\URXWLQJLQWHUIDFHFDEOHVDZD\IURPWKHYLGHRPRQLWRURURWKHU GHYLFHVZLOOVROYHD³VFUHHQKDVK´RUHOHFWULFDOQRLVHSUREOHP x )HHGOLQHVWRDQWHQQDVVKRXOGEHNHSWDZD\IURPHTXLSPHQWFRQWUROOLQHVDQGRU LQWHUFRQQHFWLQJFDEOHV,ILWLVQHFHVVDU\IRUVXFKOLQHVWRFURVVHDFKRWKHUWKH\ VKRXOGGRVRDWq DQJOHV x *URXQGOHDGVVKRXOGEHDVVKRUWDVSRVVLEOHDQGJRWRDQ($57+*5281' x ,QWHUFRQQHFWLQJFDEOHVDSSHDULQJWRDFWDVUDGLDWRUVRUDQWHQQDVVKRXOGEH ORRSHGWKURXJKDWRURLG%HFHUWDLQWRURLGVLIXVHGDUHGHVLJQHGIRUWKH IUHTXHQF\LQXVH )&&'HFODUDWLRQRI&RQIRUPLW\ 127(7KLVHTXLSPHQW.DQWURQLFV¶.3&±3OXVKDVEHHQWHVWHGDQGIRXQGWRFRPSO\ ZLWKWKHHVVHQWLDOHPLVVLRQDQGLPPXQLW\UHTXLUHPHQWVRIWKH(0&'LUHFWLYH)&&7LWOH 3DUW6XESDUW%7KHWHVWUHVXOWVDUHRQILOHDWWKHFRUSRUDWHRIILFHVRI.DQWURQLFV 7\SHRI(TXLSPHQW ,QIRUPDWLRQ7HFKQRORJ\(TXLSPHQW &ODVVRI(TXLSPHQW &ODVV% &(0DUNLQJ&RQVLGHUDWLRQV 7KHIROORZLQJFDXWLRQVSHUWDLQWR&(0DUNLQJRIWKLVSURGXFW x $OOFDEOHVFRQQHFWLQJWR'&,132579+)DQG&20387(5PXVWEH P LQOHQJWK...
Page 20
x $FDEOHIRU*36RUWHOHPHWU\FRQWURORXWSXWRU$'LQSXWFRQQHFWHGWRWKH &20387(5SRUWPD\EHt PLQOHQJWK x $OOFDEOHVH[FHSWIRUWKH'&,1SRUWPXVWEHVKLHOGHGZLWKWKHVKLHOGSURSHUO\ WHUPLQDWHGq WRWKHFRQQHFWRU6HHQRWHLQWKH5),QWHUIHUHQFHVHFWLRQ x 7KHQRPLQDO9GFSRZHUPXVWEHVXSSOLHGIURPD&(PDUNHGRUWKLUGSDUW\ DSSURYHGSRZHUEULFNZDOOZDUWRUDFWRGFSRZHUVXSSO\,IDKRPHPDGHSRZHU VXSSO\LVXVHGWKHFRPSRQHQWVPDNLQJXSWKHVXSSO\PXVWPHHW,(&(1 VWDQGDUGVIRUVXFKFRPSRQHQWV...
Page 22
:HOFRPH :HOFRPHWRWKH.DQWURQLFV.3&3OXV\RXUSDWKZD\WRDPDWHXUUDGLRSDFNHW FRPPXQLFDWLRQ 3OHDVHUHYLHZWKLVFKDSWHUEHIRUH\RXLQVWDOO\RXU.3& 3OXVDVSDUWRI\RXUSDFNHW UDGLRVWDWLRQ 2YHUYLHZRI7KLV³8VHU¶V*XLGH´0DQXDO 7KLVXVHU¶VJXLGHSURYLGHVGRFXPHQWDWLRQRQWKH.3& 3OXVDQGSDFNHWUDGLR LQFOXGLQJWKHIROORZLQJ x :KDWHTXLSPHQW\RXZLOOQHHGIRU\RXUSDFNHWUDGLRVWDWLRQ x $EULHILQWURGXFWLRQWRSDFNHWUDGLR x ,QVWDOOLQJDQGFRQILJXULQJ\RXU.3&3OXVSDFNHWUDGLRVWDWLRQDQGPDNLQJ\RXU ILUVWFRQQHFWLRQV x *HWWLQJVWDUWHGXVLQJ\RXU.3&3OXV x 'RFXPHQWDWLRQIRUHDFKPRGHRIRSHUDWLRQRI\RXU.3&3OXV x $IXOO³&RPPDQG5HIHUHQFH´GRFXPHQWLQJDOO.3& 3OXVFRPPDQGV x )XOOGHWDLOVRQ.3&3OXVMXPSHUVDIXOOSDUWVOLVWDQGRWKHUWHFKQLFDO VSHFLILFDWLRQV $GGLWLRQDOGRFXPHQWDWLRQDQGVXSSRUWLQJPDWHULDOLVDYDLODEOHRQWKH³,QIRUPDWLRQDQG 3URJUDP´&'WKDWVKLSVZLWKWKH.3&3OXV 0DMRU8VHVRI<RXU.3&3OXV %\DGGLQJWKH.3&3OXVDQGDFRPSXWHUWR\RXUKDPUDGLRVWDWLRQ\RXFDQVHQGDQG UHFHLYHSDFNHWVRIGLJLWDOLQIRUPDWLRQ7KLVDOORZV\RXWRGRWKHIROORZLQJ x XVHFRPSXWHUVWRFDUU\RQUHDOWLPHGLJLWDOFRQYHUVDWLRQVEHWZHHQVWDWLRQV x VHQGUHFHLYHVWRUHDQGIRUZDUGPDLOXVLQJDSHUVRQDOPDLOER[LQVLGHWKH.3& 3OXV...
Page 23
x VHQGDQGUHFHLYHPDLOXVLQJDFRPPXQLW\EXOOHWLQERDUG x VHQGDQGUHFHLYHILOHV x JHWDQGUHWUDQVPLWORFDWLRQGDWDIURP*OREDO3RVLWLRQLQJ6\VWHPGHYLFHV x VHUYHDVDGLJLSHDWHUIRURWKHUVWDWLRQV x VHUYHDVDQHWZRUNQRGHSRLQWIRURWKHUVWDWLRQVXVLQJ.$12'(DQGRUWKH RSWLRQDO.1HWIHDWXUH $QGPXFKPRUH 3DFNDJH&RQWHQWV &KHFNWRVHHWKDW\RXKDYHWKHLWHPVOLVWHGEHORZODWHU\RXZLOOVHHKRZWKHVHLWHPV DUHXVHGLQ\RXUV\VWHP i .3&3OXVXQLW i SDUWVWRXVHLQDVVHPEOLQJFDEOLQJ x 0DOH'68%FRQQHFWRUIRUUDGLRSRUW x 0HWDOL]HG'68%EDFNVKHOOZLWKKDUGZDUH x IRRWPSLHFHRIFRQGXFWRUVKLHOGHGFDEOHWRFRQQHFWWKH.3& 3OXVWR\RXUUDGLR x PPGFSRZHUFRQQHFWRU i DQGRIFRXUVHWKLV³8VHU¶V*XLGH´PDQXDORQD&'520 ,03257$17&KHFNWKHVHULDOQXPEHUDQG(3520YHUVLRQRI\RXU.3& 3OXVDQG UHFRUGWKLVLQIRUPDWLRQLQDVDIHSODFHIRUIXWXUHUHIHUHQFH $GGLWLRQDO3DUWVIRU<RXU3DFNHW5DGLR6WDWLRQ ,QDGGLWLRQWR\RXU.3&3OXVXQLW\RXZLOOQHHGWKHIROORZLQJSDUWVWRVHWXS\RXU SDFNHWUDGLRVWDWLRQ i $Q)0WUDQVFHLYHU i $PLFURSKRQH0LFSOXJDQGRUPDWLQJDFFHVVRU\SOXJRUH[WHUQDODXGLRSOXJIRU \RXUUDGLR...
Page 24
i $FRPSXWHURURWKHU56WHUPLQDOGHYLFH i $VHULDOPRGHPFDEOHXVHGWRFRQQHFWWKH.3&3OXVWR\RXUFRPSXWHU i $9GFSRZHUVXSSO\RUSRZHUDGDSWHU i RSWLRQDOO\9EDWWHU\DQGEDWWHU\FOLSQRWVXSSOLHG\RXPXVWLQVWDOO 2XU$VVXPSWLRQVDERXW<RX :HDVVXPHWKDW\RXDUHIDPLOLDUZLWKWKHIROORZLQJRUWKDW\RXFDQJHWKHOSRQWKHVH WRSLFVLIQHFHVVDU\ i JHQHUDOIDPLOLDULW\ZLWK\RXUUDGLRHTXLSPHQWDQGLWVLQWHQGHGXVHV i EDVLFXVHRI,%0FRPSDWLEOHFRPSXWHUVDQG'26LQFOXGLQJFRS\LQJGLVNVDQG ILOHVZRUNLQJZLWKGLUHFWRULHVDQGLGHQWLI\LQJDQGXVLQJWKHVHULDO&20SRUWVRQ \RXUFRPSXWHU i EDVLFHOHFWURQLFVQHHGHGLI\RXDUHJRLQJWREXLOGRUXSJUDGHKDUGZDUH\RXUVHOI HJPDNLQJFDEOHV 'RFXPHQWDWLRQ&RQYHQWLRQV 7KHIROORZLQJFRQYHQWLRQVDUHXVHGLQWKH.3&3OXVGRFXPHQWDWLRQ 7RLQGLFDWHDSDUWLFXODUNH\WKHQDPHRIWKHNH\LVJLYHQLQFDSLWDOV)RUH[DPSOHSUHVV WKH(17(5NH\ 6RPHWLPHV\RXQHHGWRKROGGRZQRQHNH\RQWKHFRPSXWHUZKLOHSUHVVLQJDQRWKHU NH\7KLVLVLQGLFDWHGE\JLYLQJWKHQDPHRIWKHILUVWNH\WKHQDSOXVµ¶WKHQWKHQDPH RIWKHVHFRQGNH\)RUH[DPSOH³&WUO&´PHDQV³SUHVVWKHNH\ODEHOHGµ&75/¶RUµ&WUO¶ LHWKH³FRQWURO´NH\DQGZKLOHFRQWLQXLQJWRKROGLWGRZQSUHVVWKHµ&¶NH\´0XOWLSOH NH\FRPELQDWLRQVWKDWJHQHUDWHDVLQJOHFKDUDFWHUDUHVKRZQLQDQJOHEUDFNHWVOLNHWKLV &WUO&! &RQYHQWLRQVIRUWKH.3&3OXVFRPPDQGVDUHFRYHUHGLQWKH³&RPPDQG5HIHUHQFH´ VHFWLRQRIWKLVPDQXDO 2YHUYLHZRI3DFNHW5DGLR 7KLVVHFWLRQJLYHVDEULHIRYHUYLHZRISDFNHWUDGLRIRUWKRVHZKRDUHQHZWRSDFNHW UDGLRDQGWKRVHZKRZDQWWRUHYLHZWKHWRSLF...
Page 25
7RSLFVFRYHUHGDUH i 7KHWKUHHEDVLFFRPSRQHQWVRIDSDFNHWUDGLRVWDWLRQ i 6HQGLQJDPHVVDJHIURPRQHVWDWLRQWRDQRWKHU i 'HWDLOVDERXWSDFNHWV i $EULHIGLVFXVVLRQRISURWRFROV i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²WKDWFRPHVODWHU 7KUHH%DVLF&RPSRQHQWVRID3DFNHW5DGLR6WDWLRQ $SDFNHWUDGLRVWDWLRQKDVWKUHHEDVLFSDUWV x DWUDQVFHLYHUZLWKDQDQWHQQD x DGHYLFHFDOOHGD71&LH7HUPLQDO1RGH&RQWUROOHUZKLFKLVDFRPELQDWLRQ PRGHPDQGVSHFLDOSXUSRVHPLFURFRPSXWHUDQG $QWHQQD .3&3OXV &RPSXWHU 7UDQVFHLYHU 71& 7HUPLQDO1RGH&RQWUROOHU x DJHQHUDOSXUSRVHFRPSXWHURUDWHUPLQDO 7KHWKUHHSDUWVRIDSDFNHWUDGLRVWDWLRQZRUNWRJHWKHUDVIROORZV...
Page 62
*HWWLQJ6WDUWHG 7KLVFKDSWHUJLYHV\RXLPSRUWDQWLQIRUPDWLRQDQGH[DPSOHVWRJHW\RXVWDUWHGXVLQJ \RXUSDFNHWUDGLRVWDWLRQ :HDVVXPH\RXKDYHLQVWDOOHG\RXUVWDWLRQDQGIDPLOLDUL]HG\RXUVHOIZLWKWKHXVHRIZLWK \RXU.3&3OXVDVFRYHUHGLQWKHFKDSWHUVRQ³,QVWDOOLQJ\RXU.3& 3OXV´ ,I\RXKDYHQRW\HWLQVWDOOHG\RXUVWDWLRQZHVXJJHVWWKDW\RXGRVREHIRUHFRQWLQXLQJ ZLWKWKLVFKDSWHU 0DWHULDOFRYHUHGKHUHLQFOXGHVGLDJUDPVH[SODQDWLRQVDQGPLQLWXWRULDOVRQ x WKHIURQWSDQHORIWKH.3&3OXV x EHJLQQLQJDVHVVLRQ x JLYLQJFRPPDQGVDQGWUDQVPLWWLQJGDWD x WKH1(:86(5FRPPDQGVWKDW\RXZLOOEHXVLQJPRVWRIWKHWLPH x XVLQJVHOHFWHG1(:86(5FRPPDQGV x XVLQJWKH3HUVRQDO%XOOHWLQ%RDUG6\VWHPWKDWLVLQ\RXU.3& 3OXV x PRQLWRULQJWUDQVPLVVLRQVIURPQHDUE\SDFNHWUDGLRVWDWLRQVDQG x FRQQHFWLQJWRDQRWKHUVWDWLRQDQGLQLWLDWLQJDFRQYHUVDWLRQ 5HDGLQJWKLVFKDSWHURUMXVWVNLPPLQJWKHPDWHULDOLI\RXDUHDOUHDG\IDPLOLDUZLWKWKH WRSLFVZLOODOVRKHOS\RXXVHWKHIROORZLQJFKDSWHUVRQGLIIHUHQWPRGHVRIXVHRIWKH .3&3OXVWKH³&RPPDQG5HIHUHQFH´FKDSWHUDQGDQ\D SSHQGLFHVWKDWDUHUHOHYDQW WR\RXUQHHGV 7KH)URQW3DQHORIWKH.3&3OXV <RXKDYHDOUHDG\XVHGWKH32:(5VZLWFKRQWKH.3& 3OXVWRWXUQSRZHURQDQGRII 7KLVLVDJRRGWLPHWRJHWIDPLOLDUZLWKDOOWKHLQGLFDWRUVRQWKHIURQWSDQHORIWKH.3& 3OXV 7KHIROORZLQJGLDJUDPVKRZVWKHSODFHPHQWDQGIXQFWLRQRIWKHFRQWUROVDQGLQGLFDWRUV RQWKHIURQWRI\RXU.3&3OXVDVZHOODVDEULHIH[SODQDWLRQRIHDFK...
Page 93
$Q176WUDIILFPHVVDJHW\SH7PD\KDYHDVWDWXVRI +²LQGLFDWLQJWKDWLWLVEHLQJKHOGIRUUHYLHZE\WKH6<623EHIRUHLWPD\EH IRUZDUGHG 7KH3ULYDWHPHVVDJHW\SH3FDQKDYHWKHIROORZLQJVWDWXVFKDUDFWHUVLQWKHVHFRQG SRVLWLRQ +²7KLVLVDSHUVRQDOPHVVDJHWKDWKDVDQ#%%6ILHOGEXWLVEHLQJKHOGIRU UHYLHZE\WKH6<623EHIRUHLWPD\EHIRUZDUGHG 1²7KLVPHVVDJHLVD3HUVRQDOPHVVDJHWKDWKDVQRWEHHQIRUZDUGHGDQGKDV QRWEHHQUHDGE\WKHVWDWLRQLWLVDGGUHVVHGWR,ILWLVIRUZDUGHGWRDIXOOVHUYLFH %%6LWZLOOEHGHOHWHGLI3%.,//):LV21 <²7KLVPHVVDJHKDVEHHQUHDGE\WKHVWDWLRQLWLVDGGUHVVHGWREXWKDVQRW EHHQNLOOHG,WZLOOQRWEHIRUZDUGHGHYHQLILWKDVDQ#%%6VLQFHLWKDVDOUHDG\ EHHQUHDG 5HDGLQJ0HVVDJHV 7RUHDGDPHVVDJHHJDEXOOHWLQVXFKDVWKDWLQWKHSUHYLRXVVHFWLRQOLVWHGDVEHLQJ WR$//XVHWKH5($'FRPPDQGVHH3%%6FRPDQGVHFWLRQIRUGHWDLOVRQXVLQJWKLV FRPPDQG (GLWLQJ0HVVDJH+HDGHUV 7KHIROORZLQJFRPPDQGFDQEHXVHGWRHGLWPHVVDJHKHDGHUV (GLWQ>%37<1)+@>!WRFDOO@>IURPFDOO@>#%%6@³ROG´³QHZ´ 7KLVFRPPDQGDYDLODEOHRQO\WRWKHV\VWHPRSHUDWRU6<623RUWRDXVHUDWWKH NH\ERDUGDOORZVWKHV\VRSWRHGLWWKHPHVVDJHKHDGHUVOLVWHGEHORZIRUDQ\PHVVDJH LQWKHPDLOER[<RXDUHWKHV\VRSLI\RXFDQFRQQHFWWRWKH3%%6IURPWKH56SRUW <RXFDQDOVRJDLQV\VRSVWDWXVE\FRQQHFWLQJWRWKH3%%6UHPRWHO\E\UDGLRVHHWKH VHFWLRQWLWOHG³5HPRWH6\VRS$FFHVVWR\RXU3%%6´IRUPRUHGHWDLO <RXFDQFKDQJH i 7KH7<3(RIWKHPHVVDJH x %²%XOOHWLQ x 3²3ULYDWH x 7²7UDIILF...
Page 94
i 7KH67$786RIWKHPHVVDJH x <²<HV>LWKDVEHHQUHDG@ x 1²1R>LWKDVQRWEHHQUHDG@ x )²)RUZDUGHG>LWKDVEHHQIRUZDUGHG@ x +²+HOG>LWLVQRWDYDLODEOHIRUUHYHUVHIRUZDUGLQJ@ 1RWH)DQG+DUHWRJJOHV(QWHULQJ)VZLWFKHVWKHVWDWXVRIWKH PHVVDJHIURP)WR127)RUIURP127)WR)6LPLODUO\HQWHULQJ+ VZLWFKHVWKHVWDWXVRIWKHPHVVDJHIURP+WR127+RUIURP127+WR i :KRWKHPHVVDJHLVWRRUIURP x !WRFDOO x IURPFDOO i 7KHGHVWLQDWLRQPDLOER[#%%6 x #%%6>KDGGU@ i $QGWKHVXEMHFWRUWH[WRIWKHPHVVDJH :KHQDPHVVDJHLVOLVWHGWKH³WRFDOO´DQG³IURPFDOO´DSSHDULQWKH72DQG)520 FROXPQVUHVSHFWLYHO\,IDPHVVDJHKDVEHHQHQWHUHGZLWKDQ³#%%6´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¶VVD\\RXZDQWWRHGLWPHVVDJHQXPEHUZKLFKFXUUHQWO\LVD35,9$7(PHVVDJH DGGUHVVHGWR:;,7KHPHVVDJHKDVEHHQUHDGE\:;,VRLWVKRZVDVWDWXVRI<,W PD\OLVWDV 06* 67 6,=( )520 '$7(...
Page 116
³10($$6&,,,QWHUIDFH6WDQGDUG´10($YHUVLRQ10($32%R[ 0RELOH$/ 9HQGRUV6XSSO\LQJ*368QLWV 6RPHRIWKHPRUHWKDQYHQGRUVFXUUHQWO\VXSSO\LQJ*36XQLWVLQFOXGH x *DUPLQ 6W2ODWKH.6 x ,&20$PHULFD,QFWK$YH1(%HOOHYXH:$ x 0DJHOODQ6\VWHPV&RUS2YHUODQG&76DQ'LPDV&$ x 6RQ\(OHFWURQLFV,QF6RQ\'U3DUN5LGJH1- x 7ULPEOH0RELOH&RPSXWLQJ3URGXFWV10DU\$YH32%R[ 6XQQ\YDOH&$...