5
.H\WR6WUDWHJLF0DSV5LYHU*OHQ
H
Y
L
U*
%RVWRQ
%RURXJK&RXQFLO
OHQ
)RVG\NH
QG
HOOD
HU:
5LY
DS
V
:DWHUVSDFH6WXG\
0
6XUIOHHW
6HDV(QG
.
H\
6XUIOHHW
6RXWK+ROODQG
'LVWULFW&RXQFLO
3LQFKEHFN
3LQFKEHFN
:HVW
Q
OH
*
HU
Y
5L
6SDOGLQJ
*XWKUDP
*RZW
&RZELW
QG
6RXWK+ROODQG
'LVWULFW&RXQFLO
5LY
HU:
HOOD
6RXWK.HVWHYHQ
'LVWULFW&RXQFLO
0DUNHW
'HHSLQJ
&URZODQG
.H\5LYHU*OHQ
3HDNLUN
*XWKUDP*RZW
:HVW3LQFKEHFN
:HVW3LQFKEHFN
6XUÀHHW
6XUÀHHW
6XUÀHHW6HDV(QG
3HWHUERURXJK
&LW\&RXQFLO
6SDOGLQJ:DWHUVSDFH6WXG\
5LYHU*OHQ
6WUDWHJLF0DS5LYHU*OHQ
*XWKUDP*RZWWR3LQFKEHFN:HVW
H
'URY
+ROH
%ODFN
7R%RVWRQ
3LQFKEHFN1RUWK)HQ
3LQFKEHFN
:HVW
&DVWOH
)DUP
%ULGJH
)DUP
%ODFN+ROH
'URYH3XPSLQJ
6WDWLRQ
%RDGULQJ
)RRWEULGJ
H
:
D\
LOOD
Q
NH
FP
'RYHKLUQH
)DUP
%DUV
%ULGJH
0D
/D
YHV
/HD
RY
'U
$
)RRW'UDLQ
6RXWK)RUW\
1XQQHUOH\
+RXVH
G
,Q
0RUWRQ'UDLQ
D
LF
)RUW\
)RRW
)DUP
¶V
QG
OOD
H
WLY
URY
H
SH'
6OL
2S
G
RD
5
QH
WLR
XU
%R
6HWWOHPHQW
6LWHRI
+R
FD
GL
Q
OH
U*
YH
5L
%
Q
H2SWLRQ
,QGLFDWLY
$
Q
,Q
WLR
&K
DV
H
2S
H
WLY
7R%RXUQH
&
3LQFKEHFN6RXWK)HQ
'UDLQDJH
)DUP
*OHQ
)DUP
&RWWDJH
:LOORZ
7UHH
)DUP
*OHQ
)DUP
$
*XWKUDP
*RZW
:LOORZ
7UHH
)HQ
DLQ'UDLQ
LVWULFW0
)RXUWK'
UDLQ
H'HOSK'
7K
,UR
QE
'
UR
YH
RYH
&RXQWHU
'UDLQ'U
P
LOO
DF
0
3RWHQWLDOWRH[WHQG
QDYLJDWLRQWR%RXUQHYLD
WKH%RXUQH(DX
DQ
:
D\
&R
XQ
WH
U'
UD
LQ
DU
7R6WDPIRUGYLD
%DVWRQ)HQ1DWXUH
5HVHUYH
7R6WDPIRUG%RXUQH
WKHµ*DWHZD\WRWKH
)HQV7RXU¶
5HSURGXFHGE\SHUPLVVLRQRI2UGQDQFH6XUYH\
RQEHKDOIRI+062‹&URZQFRS\ULJKWDQG
GDWDEDVHULJKW$OOULJKWVUHVHUYHG
2UGQDQFH6XUYH\/LFHQFHQXPEHU
6SDOGLQJ:DWHUVSDFH6WXG\
6WUDWHJLF0DS5LYHU*OHQ
*XWKUDP*RZWWR3LQFKEHFN:HVW
.H\
*XWKUDP*RZW
([LVWLQJ:DWHUFRXUVH5LYHU*OHQ
*XWKUDP *RZW LV DQ LVRODWHG DUHD RQ WKH $ 7KH SURSRVHG
ZDWHUZD\ FRQQHFWLRQ EHWZHHQ WKH %ODFN 6OXLFH 1DYLJDWLRQ DQG
([LVWLQJ9HJHWDWLRQ
([LVWLQJ$JULFXOWXUDO/DQG
WKH 5LYHU *OHQ PD\EH ORFDWHG QHDUE\ +RZHYHU DV D YHU\ QDUURZ
QDYLJDWLRQ RSWLRQV PD\ EH OLPLWHG 7KH /LQFROQVKLUH :LOGOLIH 7UXVW
KDV UHFHQWO\ DFTXLUHG :LOORZ7UHH )DUP DV D QDWXUH UHVHUYH IRU WKH
6FKHGXOHG$QFLHQW0RQXPHQW
FUHDWLRQRIZHWODQGKDELWDW7KLVZLOOGHYHORSDVDYLVLWRUDWWUDFWLRQDQG
6LWHRI/RFDO1DWXUH&RQVHUYDWLRQ
,PSRUWDQFH6/&,
LVSDUWRIWKHµ*DWHZD\WRWKH)HQV7RXU¶$YLVLWRUFHQWUHLVVXJJHVWHG
([LVWLQJ%ODFN'URYH3XPSLQJ6WDWLRQ
YLVLELOLW\ $ IRRWEULGJH DFURVV WKH ULYHU ZRXOG SURYLGH DFFHVV WR WKH
([LVWLQJ3XEOLF5LJKWRI:D\
2WKHU3XEOLF$FFHVV
QRUWKRIWKH5LYHU*OHQZKLFKZLOOEHQH¿WIURPJRRGURDGDFFHVVDQG
UHVHUYHDQGOLQNWKH0DFPLOODQ:D\ZLWKQHZPXOWLXVHUSDWKVSODQQHG
DORQJWKH%ODFN6OXLFH1DYLJDWLRQ
7KH0DFPLOODQ:D\
3URSRVDOVDUH
3XE1HZ%ULGJH,QQ&ORVHG
‡
9LVLWRUPRRULQJVWR:LOORZ7UHH)HQ1DWXUH5HVHUYH
‡
+ROGLQJPRRULQJVEHWZHHQZDWHUZD\FRQQHFWLRQV
‡
&DQRHDFFHVVDQGSRUWDJH
‡
2IIOLQHPRRULQJVFRXOGEHFRQVLGHUHGLQWKHORQJWHUP
‡
'HYHORSWULSHGXFDWLRQERDWUXQIURP:LOORZ7UHH)HQWRHPSKDVLVH
3URSRVHG$UHDRI:DWHUIURQW)RFXV
3URSRVHG1DYLJDEOH:DWHUZD\
3URSRVHG/RFN6WUXFWXUH
WKHHFRORJ\RIWKH5LYHU*OHQDQGLQWURGXFHWKHµ*DWHZD\WRWKH
3URSRVHG2IÀLQH0RRULQJV0DULQD
([LVWLQJ0RRULQJV7REHGHYHORSHG
)HQV7RXU¶OLQNLQJZLWK:LQGPLOO)DUPDW%DVWRQ)HQ
‡
'HYHORSZDWHUZD\FRQQHFWLRQVWR%RXUQHIRUFDQRHLQJZLWKORQJ
WHUPDVSLUDWLRQVIRUFUXLVLQJ
3URSRVHG2QOLQH0RRULQJV
‡
3URSRVHG2SHUDWLRQDO0RRULQJV
VKRXOGSOD\DQHVVHQWLDOSDUWLQGHWHUPLQLQJWKHDSSURSULDWHQHVV
3URSRVHG7ULS%RDW:LOORZ7UHH)DUP
RIVXFKDGHYHORSPHQWZKLFKOLHVEHKLQGWKHUDLVHGGHIHQFHVRI
WKH5LYHU*OHQ
3URSRVHG&DQRH/DXQFKLQJ3RLQW
3URSRVHG&DPS6LWH
3URSRVHG0XOWLXVHU5RXWH
'HYHORSFDPSEXQNKRXVHFRXOGEHFRQVLGHUHGDVSDUWRI:LOORZ
7UHH )HQ IRU WRXULQJ FDQRHLVWV ZDONHUV DQG F\FOLVWV )ORRG ULVN
‡
&UHDWHFLUFXODUZDONVIURP%RXUQHYLDWKH5LYHU*OHQWRFRQQHFW
ZLWK*XWKUDP*RZWDQGWKH%ODFN6OXLFH1DYLJDWLRQ
‡
'HYHORS RIIURDG F\FOH URXWH DORQJ 6OLSH 'URYH WR FUHDWH DQ
HDVWZHVWURXWHDORQJWKH5LYHU*OHQWRFRQQHFW1&51RZLWK
3URSRVHG3XEOLF5LJKWRI:D\
&RQQHFWLRQV
*XWKUDP*RZW%RXUQHDQG6WDPIRUG
3URSRVHG&\FOHZD\
3LQFKEHFN:HVW
3URSRVHG%ULGJH
3LQFKEHFN :HVW LV D VPDOO KDPOHW RQ RI WKH 5LYHU *OHQ DQG LV WKH
¿UVW VHWWOHPHQW UHDFKHG ZKHQ QDYLJDWLQJ IURP *XWKUDP *RZW ,W LV
:LOORZ7UHH)HQ
/LQFROQVKLUH:LOGOLIH1DWXUH5HVHUYH
:LOORZ7UHH)HQ9LVLWRU&HQWUH
3URSRVHG)LVK5HIXJH
LGHQWL¿HG LQ WKH 6RXWK +ROODQG /RFDO 3ODQ DV D PLQRU QDYLJDWLRQDO
KXE ZLWK PRRULQJ IRU WHQ ERDWV DQG µZDVKRXW¶ IDFLOLWLHV 7KH ($ KDV
UHFHQWO\ FRQVWUXFWHG D VKRUW OHQJWK RI SXEOLF YLVLWRU PRRULQJV ZLWK D
FDQRHDFFHVVSRLQWGRZQVWUHDPRI%DUV%ULGJH
3URSRVDOVDUH
([LVWLQJ)LVKHU\
‡
,PSURYHVLJQDJHDQGDFFHVVSRLQWVWRWKH0DFPLOODQ:D\
‡
'HYHORSDPXOWLXVHUSDWKDORQJWKHQRUWKVLGHRIWKHULYHUWRFUHDWH
DQRIIURDGF\FOHURXWHZLWKLQWKHULYHUFRUULGRU¶VERXQGDULHV
‡
7KH1HZ%ULGJH,QQORFDWHGRQWKHVRXWKVLGHRI%DUV%ULGJHKDV
UHJUHWWDEO\FORVHGDQGLWVIXWXUHLVXQFHUWDLQ3RWHQWLDOIRUIXWXUH
SXEGHYHORSPHQWZLWKFDPSLQJEDUQDFFRPPRGDWLRQ
6SDOGLQJ:DWHUVSDFH6WXG\
6WUDWHJLF0DS5LYHU*OHQ
3LQFKEHFN:HVWWR3LQFKEHFN
6W
RF
NK
RX
VH
/
DQ
H
7R6XUIOHHW
Q
*OH
HU
5LY
/D
QH
&XFNRR
/DQH)DUP
)HQOHLJK
)DUP
(OPZRRG
)DUP
/DQH
&XFNRR
%URZQ
)HQ:DW
HUZD\7
0DFP
UDLO
LOODQ:
D\
%X
UWH
\)
HQ
%XUWH\)HQ
7R'RQLQJWRQ
&RZ
DUG¶V
%URZQ)HQ
:DWHUZD\7UDLO
/DQ
H
&URVVJDWH
%ULGJH
/DQH
%
&URVV
0DQRU
)DUP
6SDOGLQJ%XOE0XVHXP
+RUWLFXOWXDO([KLELWLRQ
DQ
H
&URVVODQH
)DUP
2
OG
)
HQ
/
&URVVJDWH
1RUWK
*DWH
+HUULQJ
%ULGJH
1RUWKJDWH
0LOOV
*UDIW
'UDLQ
:DWHU
*DUGHQ
&HQWUH
3LQFKEHFN
0DFPLOODQ:D\
%
0RQH\
%ULGJH
6PDO
0RDW
O'UR
OHQ
5LY
*OHQ
0LOO
0RQH\
%ULGJH
)DUP
/DQH
+LJK
ULGJH
7R*XWKUDQ
*RZW
)LHOGV
H\%
0RQ
/DQH
H
YH/DQ
HU*
%RDUGULQJ
)RRWEULGJH
3LQFKEHFN
:HVW
DG
)HQJDWH5R
'UDLQ
)HQJDWH
%URZQ)HQ
:DWHUZD\7UDLO
)HQ*DWH
)DUP
W'UDLQ
%OXH*RZ
%URZQ)HQ
:DWHUZD\7UDLO
5RDG
7\GG
7R6SDOGLQJ
5HSURGXFHGE\SHUPLVVLRQRI2UGQDQFH6XUYH\
RQEHKDOIRI+062‹&URZQFRS\ULJKWDQG
GDWDEDVHULJKW$OOULJKWVUHVHUYHG
2UGQDQFH6XUYH\/LFHQFHQXPEHU
6SDOGLQJ:DWHUVSDFH6WXG\
6WUDWHJLF0DS5LYHU*OHQ
3LQFKEHFN:HVWWR3LQFKEHFN
0RQH\%ULGJH
.H\
([LVWLQJ:DWHUFRXUVH5LYHU*OHQ
([LVWLQJ9HJHWDWLRQ
([LVWLQJ$JULFXOWXUDO/DQG
0RQH\ %ULGJH PLGZD\ EHWZHHQ 3LQFKEHFN :HVW DQG 3LQFKEHFN
SURYLGHV D FURVVLQJ SRLQW IRU WKH % ,W DOVR SURYLGHV D MXQFWLRQ
EHWZHHQWKH0DFPLOODQ:D\UXQQLQJHDVWZHVWDORQJWKH5LYHU*OHQ
DQG WKH %URZQ )HQ :DWHUZD\7UDLO UXQQLQJ QRUWKVRXWK IURP %RVWRQ
YLD'RQLQJWRQWR6SDOGLQJ
&RQVHUYDWLRQ$UHD
2SHQ/DQG
3URSRVDOVDUH
‡
FRQQHFWLRQZLWKWKHH[LVWLQJORQJGLVWDQFHIRRWSDWKQHWZRUN
([LVWLQJ3XEOLF5LJKWRI:D\
2WKHU3XEOLF$FFHVV
7KH0DFPLOODQ:D\
7KH%URZQ)HQ:DWHUZD\7UDLO
'HYHORS RYHUJURZQ TXD\VLGH DQG DFFHVV VWHSV WR SURYLGH
3LQFKEHFN
3LQFKEHFNGDWHVEDFNWR$QJOR6D[RQWLPHVDQGLVORFDWHGWZRPLOHV
3LQFKEHFNWR6XUÀHHW
5LYHUVLGH:DON
WR WKH QRUWK RI 6SDOGLQJ 7KH 5LYHU *OHQ ÀRZV DURXQG WKH YLOODJH¶V
3XE7KH6KLS
5LYHUWRWKHZHVWRI3LQFKEHFNGLYLGLQJWKHYLOODJHIURPWKH6KLS,QQDQ
3XE&ORVHG
DWWUDFWLYHWKDWFKHGZDWHUVLGHSXE
3URSRVHG$UHDRI:DWHUIURQW)RFXV
QRUWKHUQERXQGDU\7KH6SDOGLQJWR6OHDIRUGUDLOZD\OLQHFURVVHVWKH
3URSRVDOVDUH
‡
3URSRVHG:DWHUIURQW'HYHORSPHQW
7KH ORFDWLRQ RI WKH 6KLS ,QQ SURYLGHV DQ RSSRUWXQLW\ IRU YLVLWRU
PRRULQJVFDQRHDFFHVVDQGWKHFUHDWLRQRIDQDWWUDFWLYHZDWHUVLGH
VHWWLQJWRWKH3XE
([LVWLQJ0RRULQJV
‡
3URSRVHG2QOLQH0RRULQJV
6PDOO VFDOH ZDWHUIURQW GHYHORSPHQW GRZQVWUHDP RI WKH UDLOZD\
EULGJH RQ VLWH RI WKH IRUPHU YLOODJH TXD\ 7KLV EURZQ¿HOG
GHYHORSPHQWFRXOGLQFOXGHPRRULQJVDFDQRHDFFHVVSRLQWDQG
3URSRVHG&DQRH/DXQFKLQJ3RLQW
DFFHVVWRWKH0DFPLOODQ:D\7KHYLOODJHFHQWUHLVZLWKLQHDV\
3URSRVHG&DPS6LWH%XQNKRXVH
ZDONLQJ GLVWDQFH ,W KDV D FKXUFK SRVW RI¿FH VHYHUDO VKRSV
3URSRVHG3XEOLF5LJKWRI:D\
&RQQHFWLRQV
3URSRVHG&\FOHZD\
LQFOXGLQJ D UHQRZQHG EXWFKHUV DQG SURYLGHV DFFHVV WR WKH
6SDOGLQJ%XOE0XVHXP
‡
WKH UDLOZD\ EULGJH ZRXOG OLQN WKH SXE WR WKH QHZ ZDWHUIURQW
&KXUFK
GHYHORSPHQW DQG HQKDQFH FRQQHFWLRQV ZLWK WKH 0DFPLOODQ :D\
DQGYLOODJHFHQWUH
3RVW2I¿FH
0XVHXP
2QH RI WKH PDLQ LVVXHV LV WKH UDLOZD\ OLQH ZKLFK FXWV WKH SXE
RII IURP WKH YLOODJH 7KH SURYLVLRQ RI D SRQWRRQ ZDONZD\ XQGHU
:DWHU7RZHU
‡
,PSURYHGDFFHVVDQGVLJQDJHWRWKH0DFPLOODQ:D\DQG%URZQ
)HQ:DWHUZD\7UDLO
‡
8SJUDGHWKH3LQFKEHFNDQG6XUÀHHW0LOOHQQLXP7UDLOWREHFRPHD
PXOWLXVHUSDWKE\LQFRUSRUDWLQJDF\FOHZD\
‡
7KH RXWEXLOGLQJV WR 0DQRU )DUP DUH VHPLGHUHOLFW SRWHQWLDO
WR HVWDEOLVK YLVLWRU PRRULQJV FDQRH DFFHVV DW &URVVJDWH
%ULGJH ,QYHVWLJDWH ZKHWKHU 0DQRU )DUP FRXOG SURYLGH YLVLWRU
DFFRPPRGDWLRQHJFDPSLQJEXQNKRXVH
6SDOGLQJ:DWHUVSDFH6WXG\
6WUDWHJLF0DS5LYHU*OHQ
3LQFKEHFNWR6XUÀHHW6HDV(QG
7R/LQNZLWK1DWLRQDO
&\FOHZD\DW
)RVG\NH%ULGJH
$
:RDG
)DUP
YH
UR
'
VK
DU
0
2OG7KUHH
7XQV)DUP
5L
QH
/D
OO
GD
RO
6F
YH
U:
HOO
DQ
G
7R)RVG\NH%ULGJH
5HG+RXVH
)DUP
$
N
DQ
D%
6H
7K
%
DU\
QH
7KDU\
)DUP
*OHQ
5RZDQ
)DUP
DWH
6XUIOHHW
/D
+X
Q*
6XUIOHHW/RZV
1DWXUH5HVHUYH
:HOODQG
+RXVH)DUP
UDLO
D\7
DWHUZ \
HQ: ODQ:D
LO
ZQ)
%UR 0DFP
DLQ
*D
DQ
9H
UQ
HU
:KLWH+RXVH
)DUP
DG
Q
0D
6R
&XFNRR
/DQH)DUP
UV
XWK
K
%D
*OH
HU
5LY
5R
QN
%O
XH
*
RZ
H
:H
OO
DWW
/
5LY
VH
LQ
RX
6XUIOHHW
6HDV(QG
1HZODQGV
)DUP
NK
UD
RF
W'
6W
:HVWRQ0DUVK
DQ
¶V
WH
G
'U
/RZ
0DUVK
)DUP
6SDOGLQJ
*ROI&OXE
'X
JD
+LOO0DUVK
)DUP
WH
$
QQ
7R3LQFKEHFN
:
D\
3LQFKEHFN0DUVK
QH
&URZWUHH
)DUP
&XFNRR
/D
0DUVK+RXVH
)DUP
/DQH
%
+HUGJDWH
6SDOGLQJ0DUVK
7HQ$FUH/DQH
DUVK5
RDG
6SDOGLQJ%XOE0XVHXP
+RUWLFXOWXDO([KLELWLRQ
:HVW0
3LQFKEHFK
(QJLQH
:\NHKDP
&KDSHO
:\NHKDP
)DUP
7KH&K
DVH
UDLQ
LQ¶V'
3LQFKEHFN
:\NHK
DP
/DQH
&DSWD
+RPH
)DUP
5RRG¶V/DQH
:\NHKDP
+RXVH
%
&URZQ
&RWWDJHV
DQH
HH/
HQWU
UG
:D
3ODWW¶V
%ULGJH
DQH
SV/
7R6SDOGLQJ
6WXP
5HSURGXFHGE\SHUPLVVLRQRI2UGQDQFH6XUYH\
RQEHKDOIRI+062‹&URZQFRS\ULJKWDQG
GDWDEDVHULJKW$OOULJKWVUHVHUYHG
2UGQDQFH6XUYH\/LFHQFHQXPEHU
6SDOGLQJ:DWHUVSDFH6WXG\
6WUDWHJLF0DS5LYHU*OHQ
3LQFKEHFNWR6XUÀHHW6HDV(QG
.H\
6XUÀHHW
7LGDO5LYHU:HOODQG
([LVWLQJ:DWHUFRXUVHV5LYHU*OHQ
9HUQDWW¶V'UDLQ
([LVWLQJ9HJHWDWLRQ
([LVWLQJ$JULFXOWXUDO/DQG
6XUÀHHWOLHVPLOHVQRUWKRI6SDOGLQJDQGKDVGHYHORSHGLQDOLQHDU
SDWWHUQDORQJWKHQRUWKEDQNRIWKH5LYHU*OHQEHWZHHQWKH%DQG
WKH$ 7KH YLOODJH FKXUFK RI 6W /DZUHQFH &KXUFK KDV D GUDPDWLF
OHDQWRLWVVSLUHDQGLVDZHOONQRZQODQGPDUN
7KH 0HUPDLG ,QQ XSVWUHDP RI WKH ,URQ %ULGJH KDV YLVLWRU PRRULQJV
ZKLFKDUHDFFHVVHGWKURXJKWKHSXE¶VJDUGHQVIRUSDWURQV$VPDOOWULS
&RQVHUYDWLRQ$UHD
)ORRG3ODLQ)ORRG6WRUDJH:DVK
ERDWKDVLQWKHSDVWUXQIURPKHUHWR6XUÀHHW6HDV(QGDQG3LQFKEHFN
7KH/:3KDVUHFHQWO\FRQVWUXFWHGDVOLSZD\WRWKHVRXWKRIWKHULYHURQ
WKHRSSRVLWHEDQNWRWKHYLOODJH$QXPEHURISXEOLFIRRWSDWKVVHUYHWKH
6LWHRI1DWLRQDO1DWXUH
&RQVHUYDWLRQ,QWHUHVW666,
6LWHRI/RFDO1DWXUH
&RQVHUYDWLRQ,PSRUWDQFH6/1&,
([LVWLQJ3XEOLF5LJKWRI:D\
2WKHU3XEOLF$FFHVV
YLOODJHWRWKHQRUWKWKH3LQFKEHFNDQG6XUÀHHW0LOOHQQLXP7UDLODQGWR
WKHVRXWKWKH0DFPLOODQ:D\DQGWKH%URZQ)HQ:DWHUZD\7UDLO
3URSRVDOVDUH
‡
$UHFHQWTXHVWLRQQDLUHIRUWKH3DULVK3ODQVKRZHGDUHTXLUHPHQW
IRUDIRRWEULGJHWRDFFHVVWKHVOLSZD\DQGFRQQHFWWKHYLOODJHWR
([LVWLQJ&\FOHZD\
WKH0DFPLOODQ:D\DQG%URZQ)HQ:DWHUZD\7UDLO
7KH%URZQ)HQ:DWHUZD\7UDLO
7KH0DFPLOODQ:D\
‡
3XEOLFPRRULQJVWRDOORZERDWHUVWRDFFHVVWKHYLOODJHVWRUHV
3LQFKEHFNWR6XUÀHHW5LYHUVLGH:DON
‡
7KH5LYHUVLGH,QQSURYLGHVYLVLWRUPRRULQJV7KHVHPRRULQJVZLOO
3XEV7KH0HUPDLG,QQ
7KH:DWHUVLGH7KH6KLS
([LVWLQJ6KRS
3URSRVHG$UHDRI:DWHUIURQW)RFXV
3URSRVHG1DYLJDEOH:DWHUZD\
QHHGWREHXSJUDGHGDVERDWWUDI¿FLQFUHDVHV
‡
&DQRHDFFHVVSRLQWVZRXOGEHGHVLUDEOHDWWKHSXEORFDWLRQV
‡
8SJUDGH WKH 0DFPLOODQ :D\ WR EHFRPH D PXOWLXVHU SDWK
LQFRUSRUDWLQJDF\FOHURXWH
‡
6LJQSRVWWKH6XUÀHHW/RZHV1DWXUH5HVHUYHWRWKHQRUWK
3URSRVHG/RFN6WUXFWXUH
3URSRVHG2IÀLQH0DULQD
6XUÀHHW6HDV(QG
6XUÀHHW 6HDV (QG LV ZKHUH WKH 5LYHU *OHQ PHHWV WKH 7LGDO 5LYHU
([LVWLQJ0RRULQJV
:HOODQG $ VOXLFH JDWH ZKLFK DOORZHG WKH SDVVDJH RI ERDWV ZDV
([LVWLQJ&DQRH/DXQFKLQJ3RLQW
¿UVW FRQVWUXFWHG LQ 7KLV FRQWUROOHG WKH ÀRZ RI ZDWHU DOORZLQJ
WKH ZDWHUV WR EH UHWDLQHG LQ WKH ZLGH VWUHWFK RI ULYHU NQRZQ DV µ7KH
3URSRVHG2QOLQH0RRULQJV
5HVHUYRLU¶ XQWLO EHLQJ UHOHDVHG RQ WKH HEE WLGH 7KH (QYLURQPHQW
3URSRVHG2SHUDWLRQDO0RRULQJV
$JHQF\DOORZVERDWSDVVDJHWKURXJKWKHVOXLFHRQDIDOOLQJWLGHLQRUGHU
3URSRVHG&DQRH/DXQFKLQJ3RLQW
3URSRVHG3XEOLF5LJKWRI:D\
&RQQHFWLRQV
3URSRVHG&\FOHZD\
WRPLQLPLVHWKHLQÀX[RIVDOWZDWHULQWRWKHÀXYLDO5LYHU*OHQ
7KH 6KLS ,QQ LV ORFDWHG WR WKH QRUWK RI WKH ULYHU RSSRVLWH WKH WLGDO
PRRULQJV 'XULQJ WKH ¶V 7KH 5HVHUYRLU ZDV D SRSXODU YHQXH
IRU ZDWHUVSRUWV $ VHWWOHPHQW RI FKDOHWV KDV GHYHORSHG RYHU WKH
\HDUVZKLFKDUHLQDQDUHDFRQVLGHUHGVXVFHSWLEOHWRÀRRGLQJ7KH
3URSRVHG+ROLGD\/RGJH'HYHORSPHQW
FRQWUDVWLQJ ODQGVFDSHV RI FKDOHWV WKH MXPEOH RI PRRULQJV VHW ZLWKLQ
WKH ULYHU¶V UHHG EHGV DQG WKH EURDG SDQRUDPDV RYHU WKH7LGDO 5LYHU
3ODFHRI+LVWRULF,QWHUHVW
:HOODQGDOOFRQWULEXWHWRWKHDUHDVXQLTXHFKDUDFWHU
0XVHXP
6XUÀHHW 6HDV (QG ZLOO EH WKH WHUPLQDWLRQ SRLQW RI WKH QH[W SKDVH
&KXUFK6W/DXUHQFH¶V
3KDVHRIWKH)HQV:DWHUZD\V/LQN7KLVZLOOOLQN'RQLQJWRQ%ULGJH
RQWKH%ODFN6OXLFH1DYLJDWLRQWR6XUÀHHW6HDV(QG
6SDOGLQJ*ROI&RXUVH
6SDOGLQJ:DWHUVSDFH6WXG\