7URWHF'LJLWDO3ULQW6HULHV
'LJLWDO3ULQW6HULHVLVGHVLJQHGIRUVXSHULRULQNDGKHVLRQIRU89
DQG/('SULQWLQJZKLOHLWVPRGLILHGLPSDFWDFU\OLFFRUHPDNHVLW
LGHDOIRUODVHUFXWWLQJDQGHQJUDYLQJ&RPELQLQJSULQWZLWKODVHU
SURFHVVLQJUHVXOWVLQVWULNLQJGHVLJQVIRUVLJQDJHSRLQWRIVDOHDQG
GHFRUDWLYHDSSOLFDWLRQV
,QWHULRUVLJQDJH
3HUVRQDOLGHQWLILFDWLRQ
3RLQWRI6DOHGLVSOD\V
'HFRUDWLYHVLJQV
0DWHULDO0RGLILHGLPSDFWDFU\OLFSO\SO\
SUHWUHDWHGIRUVXSHULRULQNDGKHVLRQ
)LQLVKPDWWDQGJORVVFRORUVPLUURUHG
UDGLDQWDQGEUXVKHGPHWDO
7KLFNQHVVPP
6KHHWVLHPPPPKDOIPPTXDUWHU
$SSOLFDWLRQV
0DWHULDO)HDWXUHV
/DVHU 5RWDU\
,QWHULRU
89SULQW
PDWHULDO
PDWHULDO
XVH
7LS
%\LQWURGXFLQJWKH'LJLWDO3ULQW6HULHV7URWHFLVRSHQLQJWKHGRRUWRDQHZ
FRPELQDWLRQRISULQWLQJODVHUHQJUDYLQJDQGODVHUFXWWLQJSURFHVVHV8QWLOUHFHQWO\
PRVWVXEVWUDWHVSULQWHGRQKDGOLPLWDWLRQVZKHQLWFDPHWRODVHUFXWWLQJDQG
HQJUDYLQJ1RZ7URWHF'LJLWDO3ULQW6HULHVDOORZVFRPELQLQJERWKSURFHVVHV²GLJLWDO
SULQWLQJDQGODVHUHQJUDYLQJDQGFXWWLQJ
7URWHF'LJLWDO3ULQW/DPLQDWHVKDYHDQLQNUHFHSWLYHVXUIDFHDOORZLQJLQFUHDVHG
ERQGDJHRIWKHSULQWHGSLJPHQWV7KHUHIRUHDEUDVLRQUHVLVWDQFHDQGLQFUHDVHG
GXUDELOLW\LVUHDOLVHG
7KHFRUHRIWKHPDWHULDOLVPDGHRIDFU\OLFILQHWXQHGIRUKLJKTXDOLW\ODVHU
HQJUDYLQJDQGFXWWLQJUHVXOWV
'LVFRYHUQHZILHOGVRIDSSOLFDWLRQV
&XWWRVLHVHUYLFH
0DWHULDOFXWWR<285VSHFLILFDWLRQV
+ROHGULOOLQJFDQEHFRPELQHGZLWKURXQG
FRUQHUVDQGEHYHOOHGHGJHV
&XWWRVLH +ROHGULOOLQJ 5RXQGFRUQHUV %HYHOOHGHGJHV