,
,
, $FTXLVLWLRQV(GLWRU
-RQDWKDQ-R\FH
'HYHORSPHQW(GLWRU
$P\0LOOKROHQ
(GLWRULDO&RRUGLQDWRU
-RKQ/DUNLQ
(GLWRULDO$VVLVWDQW
7LVK5RJHUV
0DUNHWLQJ0DQDJHU
/HDK7KRPVRQ
3URGXFWLRQ3URMHFW0DQDJHU
'DYLG6DOW]EHUJ
'HVLJQ&RRUGLQDWRU
+ROO\5HLG0F/DXJKOLQ
0DQXIDFWXULQJ&RRUGLQDWRU
0DUJLH2U]HFK
3UHSUHVV9HQGRU
6&DUOLVOH3XEOLVKLQJ6HUYLFHV
)RXUWKHGLWLRQ
&RS\ULJKWj
:ROWHUV.OXZHU
&RS\ULJKW j
:ROWHUV .OXZHU +HDOWK/LSSLQFRWW :LOOLDPV :LONLQV $OO ULJKWV
UHVHUYHG7KLVERRNLVSURWHFWHGE\FRS\ULJKW1RSDUWRIWKLVERRNPD\EHUHSURGXFHGRUWUDQVPLWWHGLQ
DQ\IRUPRUE\DQ\PHDQVLQFOXGLQJDVSKRWRFRSLHVRUVFDQQHGLQRURWKHUHOHFWURQLFFRSLHVRUXWLOL]HG
E\DQ\LQIRUPDWLRQVWRUDJHDQGUHWULHYDOV\VWHPZLWKRXWZULWWHQSHUPLVVLRQIURPWKHFRS\ULJKWRZQHU
H[FHSWIRUEULHITXRWDWLRQVHPERGLHGLQFULWLFDODUWLFOHVDQGUHYLHZV0DWHULDOVDSSHDULQJLQWKLVERRN
SUHSDUHGE\LQGLYLGXDOVDVSDUWRIWKHLURIILFLDOGXWLHVDV86JRYHUQPHQWHPSOR\HHVDUHQRWFRYHUHGE\
WKH DERYHPHQWLRQHG FRS\ULJKW 7R UHTXHVW SHUPLVVLRQ SOHDVH FRQWDFW :ROWHUV .OXZHU DW 7ZR
&RPPHUFH6TXDUH0DUNHW6WUHHW3KLODGHOSKLD3$
YLDHPDLODWSHUPLVVLRQV#OZZFRPRU
YLDRXUZHEVLWHDWOZZFRP SURGXFWVDQGVHUYLFHV
3ULQWHGLQ&KLQD
/LEUDU\RI&RQJUHVV&DWDORJLQJLQ3XEOLFDWLRQ'DWD
1DPHV
1DWK-XGL/LQGVOH\DXWKRU
7LWOH
$VKRUWFRXUVHLQPHGLFDOWHUPLQRORJ\-XGL/1DWK3K'/RXUGHV
8QLYHUVLW\.HOVH\3/LQGVOH\53K3KDUP'
'HVFULSWLRQ
)RXUWKHGLWLRQ_3KLODGHOSKLD
:ROWHUV.OXZHU+HDOWK>
@_
5HYLVLRQRI
6KRUWFRXUVHLQPHGLFDOWHUPLQRORJ\&(GZDUG&ROOLQV7H[W
DQG$FDGHPLF$XWKRUV$VVRFLDWLRQ6W3HWHUVEXUJ)ORULGD_,QFOXGHV
LQGH[
,GHQWLILHUV
/&&1_H,6%1
6XEMHFWV
/&6+
0HGLFLQHߚ7HUPLQRORJ\_0HGLFDOVFLHQFHVߚ7HUPLQRORJ\_
%,6$&
0(',&$/'LFWLRQDULHV 7HUPLQRORJ\
&ODVVLILFDWLRQ
/&&5&
_''&ߚGF/&UHFRUGDYDLODEOHDW
KWWSV
OFFQORFJRY
7KLVZRUNLVSURYLGHGߡDVLVߢDQGWKHSXEOLVKHUGLVFODLPVDQ\DQGDOOZDUUDQWLHVH[SUHVVRULPSOLHG
LQFOXGLQJDQ\ZDUUDQWLHVDVWRDFFXUDF\FRPSUHKHQVLYHQHVVRUFXUUHQF\RIWKHFRQWHQWRIWKLVZRUN
7KLV ZRUN LV QR VXEVWLWXWH IRU LQGLYLGXDO SDWLHQW DVVHVVPHQW EDVHG XSRQ KHDOWKFDUH SURIHVVLRQDOVߞ
H[DPLQDWLRQRIHDFKSDWLHQWDQGFRQVLGHUDWLRQRIDPRQJRWKHUWKLQJVDJHZHLJKWJHQGHUFXUUHQWRU
SULRU PHGLFDO FRQGLWLRQV PHGLFDWLRQ KLVWRU\ ODERUDWRU\ GDWD DQG RWKHU IDFWRUV XQLTXH WR WKH SDWLHQW
7KH SXEOLVKHU GRHV QRW SURYLGH PHGLFDO DGYLFH RU JXLGDQFH DQG WKLV ZRUN LV PHUHO\ D UHIHUHQFH WRRO
+HDOWKFDUHSURIHVVLRQDOVDQGQRWWKHSXEOLVKHUDUHVROHO\UHVSRQVLEOHIRUWKHXVHRIWKLVZRUNLQFOXGLQJ
DOOPHGLFDOMXGJPHQWVDQGIRUDQ\UHVXOWLQJGLDJQRVLVDQGWUHDWPHQWV
*LYHQFRQWLQXRXVUDSLGDGYDQFHVLQPHGLFDOVFLHQFHDQGKHDOWKLQIRUPDWLRQLQGHSHQGHQWSURIHVVLRQDO
YHULILFDWLRQRIPHGLFDOGLDJQRVHVLQGLFDWLRQVDSSURSULDWHSKDUPDFHXWLFDOVHOHFWLRQVDQGGRVDJHVDQG
WUHDWPHQW RSWLRQV VKRXOG EH PDGH DQG KHDOWKFDUH SURIHVVLRQDOV VKRXOG FRQVXOW D YDULHW\ RI VRXUFHV
:KHQ SUHVFULELQJ PHGLFDWLRQ KHDOWKFDUH SURIHVVLRQDOV DUH DGYLVHG WR FRQVXOW WKH SURGXFW LQIRUPDWLRQ
,
, $FTXLVLWLRQV(GLWRU
-RQDWKDQ-R\FH
'HYHORSPHQW(GLWRU
$P\0LOOKROHQ
(GLWRULDO&RRUGLQDWRU
-RKQ/DUNLQ
(GLWRULDO$VVLVWDQW
7LVK5RJHUV
0DUNHWLQJ0DQDJHU
/HDK7KRPVRQ
3URGXFWLRQ3URMHFW0DQDJHU
'DYLG6DOW]EHUJ
'HVLJQ&RRUGLQDWRU
+ROO\5HLG0F/DXJKOLQ
0DQXIDFWXULQJ&RRUGLQDWRU
0DUJLH2U]HFK
3UHSUHVV9HQGRU
6&DUOLVOH3XEOLVKLQJ6HUYLFHV
)RXUWKHGLWLRQ
&RS\ULJKWj
:ROWHUV.OXZHU
&RS\ULJKW j
:ROWHUV .OXZHU +HDOWK/LSSLQFRWW :LOOLDPV :LONLQV $OO ULJKWV
UHVHUYHG7KLVERRNLVSURWHFWHGE\FRS\ULJKW1RSDUWRIWKLVERRNPD\EHUHSURGXFHGRUWUDQVPLWWHGLQ
DQ\IRUPRUE\DQ\PHDQVLQFOXGLQJDVSKRWRFRSLHVRUVFDQQHGLQRURWKHUHOHFWURQLFFRSLHVRUXWLOL]HG
E\DQ\LQIRUPDWLRQVWRUDJHDQGUHWULHYDOV\VWHPZLWKRXWZULWWHQSHUPLVVLRQIURPWKHFRS\ULJKWRZQHU
H[FHSWIRUEULHITXRWDWLRQVHPERGLHGLQFULWLFDODUWLFOHVDQGUHYLHZV0DWHULDOVDSSHDULQJLQWKLVERRN
SUHSDUHGE\LQGLYLGXDOVDVSDUWRIWKHLURIILFLDOGXWLHVDV86JRYHUQPHQWHPSOR\HHVDUHQRWFRYHUHGE\
WKH DERYHPHQWLRQHG FRS\ULJKW 7R UHTXHVW SHUPLVVLRQ SOHDVH FRQWDFW :ROWHUV .OXZHU DW 7ZR
&RPPHUFH6TXDUH0DUNHW6WUHHW3KLODGHOSKLD3$
YLDHPDLODWSHUPLVVLRQV#OZZFRPRU
YLDRXUZHEVLWHDWOZZFRP SURGXFWVDQGVHUYLFHV
3ULQWHGLQ&KLQD
/LEUDU\RI&RQJUHVV&DWDORJLQJLQ3XEOLFDWLRQ'DWD
1DPHV
1DWK-XGL/LQGVOH\DXWKRU
7LWOH
$VKRUWFRXUVHLQPHGLFDOWHUPLQRORJ\-XGL/1DWK3K'/RXUGHV
8QLYHUVLW\.HOVH\3/LQGVOH\53K3KDUP'
'HVFULSWLRQ
)RXUWKHGLWLRQ_3KLODGHOSKLD
:ROWHUV.OXZHU+HDOWK>
@_
5HYLVLRQRI
6KRUWFRXUVHLQPHGLFDOWHUPLQRORJ\&(GZDUG&ROOLQV7H[W
DQG$FDGHPLF$XWKRUV$VVRFLDWLRQ6W3HWHUVEXUJ)ORULGD_,QFOXGHV
LQGH[
,GHQWLILHUV
/&&1_H,6%1
6XEMHFWV
/&6+
0HGLFLQHߚ7HUPLQRORJ\_0HGLFDOVFLHQFHVߚ7HUPLQRORJ\_
%,6$&
0(',&$/'LFWLRQDULHV 7HUPLQRORJ\
&ODVVLILFDWLRQ
/&&5&
_''&ߚGF/&UHFRUGDYDLODEOHDW
KWWSV
OFFQORFJRY
7KLVZRUNLVSURYLGHGߡDVLVߢDQGWKHSXEOLVKHUGLVFODLPVDQ\DQGDOOZDUUDQWLHVH[SUHVVRULPSOLHG
LQFOXGLQJDQ\ZDUUDQWLHVDVWRDFFXUDF\FRPSUHKHQVLYHQHVVRUFXUUHQF\RIWKHFRQWHQWRIWKLVZRUN
7KLV ZRUN LV QR VXEVWLWXWH IRU LQGLYLGXDO SDWLHQW DVVHVVPHQW EDVHG XSRQ KHDOWKFDUH SURIHVVLRQDOVߞ
H[DPLQDWLRQRIHDFKSDWLHQWDQGFRQVLGHUDWLRQRIDPRQJRWKHUWKLQJVDJHZHLJKWJHQGHUFXUUHQWRU
SULRU PHGLFDO FRQGLWLRQV PHGLFDWLRQ KLVWRU\ ODERUDWRU\ GDWD DQG RWKHU IDFWRUV XQLTXH WR WKH SDWLHQW
7KH SXEOLVKHU GRHV QRW SURYLGH PHGLFDO DGYLFH RU JXLGDQFH DQG WKLV ZRUN LV PHUHO\ D UHIHUHQFH WRRO
+HDOWKFDUHSURIHVVLRQDOVDQGQRWWKHSXEOLVKHUDUHVROHO\UHVSRQVLEOHIRUWKHXVHRIWKLVZRUNLQFOXGLQJ
DOOPHGLFDOMXGJPHQWVDQGIRUDQ\UHVXOWLQJGLDJQRVLVDQGWUHDWPHQWV
*LYHQFRQWLQXRXVUDSLGDGYDQFHVLQPHGLFDOVFLHQFHDQGKHDOWKLQIRUPDWLRQLQGHSHQGHQWSURIHVVLRQDO
YHULILFDWLRQRIPHGLFDOGLDJQRVHVLQGLFDWLRQVDSSURSULDWHSKDUPDFHXWLFDOVHOHFWLRQVDQGGRVDJHVDQG
WUHDWPHQW RSWLRQV VKRXOG EH PDGH DQG KHDOWKFDUH SURIHVVLRQDOV VKRXOG FRQVXOW D YDULHW\ RI VRXUFHV
:KHQ SUHVFULELQJ PHGLFDWLRQ KHDOWKFDUH SURIHVVLRQDOV DUH DGYLVHG WR FRQVXOW WKH SURGXFW LQIRUPDWLRQ
