7(&+1,&$/ 75$,1,1* 7$5*2 &
&/$$6 $&$'(0< &KDSWHU 7$5*2 & 7HFKQLFDO GDWD 2SHUDWLRQ 6DIHW\ ORDG GLVSOD\ (QJLQH *HDUER[ 'ULYH VKDIW $[OH VWHHULQJ %UDNHV :RUNLQJ K\GUDXOLFV (OHFWULFV 'LDJQRVWLFV $LU FRQGLWLRQLQJ KHDWLQJ 2SWLRQV )UDPH ERRP 0DLQWHQDQFH DQG FDUH ,QGH[
&/$$6 $&$'(0< &RQWHQWV 7$5*2 & 7HFKQLFDO GDWD 'DWD WDEOH 'ULYH VFKHPDWLF & &
7HFKQLFDO GDWD 7$5*2 & &/$$6 $&$'(0< 'DWD WDEOH & & NJ NJ /LIWLQJ KHLJKW PD[ 5HDFK PD[ PP PP PP PP /RDG FHQWUH IURP WKH EDFN RI WKH IRUNV PP PP & & 7RWDO OHQJWK PP PP 7RWDO ZLGWK 7RWDO KHLJKW PP PP PP PP :KHHO VSDFLQJ PP PP *URXQG FOHDUDQFH PP PP 2XWHU WXUQLQJ FLUFOH PP PP & & 7RWDO ZHLJKW NJ NJ :HLJKW HQJLQH ZLWKRXW RLO NJ NJ :HLJKW IURQW D[OH DSSUR[
&/$$6 $&$'(0< 7$5*2 & 7HFKQLFDO GDWD & & 7UDQVPLVVLRQ +\GURVWDWLF +\GURVWDWLF &KDUJH SXPS 0D[ O PLQ 0D[ O PLQ EDU EDU +\GURVWDWLF ZLWK PRGXOH 6XVPLF &KDUJH SUHVVXUH &RQWURO 6WDQGDUG VSHHG NP K +\GURVWDWLF ZLWK PRGXOH 6XVPLF NP K 6SHHG RSWLRQ NP K NP K 6SHHG RSWLRQ NP K NP K 3XPS +\GURVWDWLF 5 1)3( VHULHV 5 1)3( VHULHV 0RWRU +\GURVWDWLF ' VHULHV ' VHULHV 2SHUDWLQJ SUHVVXUH PLQ K\GURVWDWLF 2SHUDWLQJ SUHVVXUH PD[ K\GURVWD
7HFKQLFDO GDWD 7$5*2 & &/$$6 $&$'(0< $LU FRQGLWLRQLQJ & & *DV 5 $ NJ NJ 2LO PO PO & & $K $K $PSV $PSV (OHFWULFV %DWWHU\ $OWHUQDWRU RXWSXW
&/$$6 $&$'(0< 'ULYH D[OH & & 7$5*2 & $ % & ' ( ) + , - / 0 1 7HFKQLFDO GDWD )URQW D[OH ILQDO GULYH 6DXHU K\GURVWDWLF SXPS 3HUNLQV HQJLQH 5HDU D[OH ILQDO GULYH 5HDU D[OH GLIIHUHQWLDO 5HDU D[OH ILQDO GULYH 'ULYH VKDIW 7UDQVIHU JHDUER[ 7RUTXH FRQYHUWHU )URQW D[OH ILQDO GULYH 6HOI ORFNLQJ IURQW GLIIHUHQWLDO 6DXHU K\GURVWDWLF PRWRU
&/$$6 $&$'(0< &RQWHQWV 7$5*2 & 2SHUDWLRQ )URP RSHUDWRU¶V PDQXDO &DE DQG RSHUDWLQJ FRPSRQHQWV &RQWURO LQVWUXPHQWV DQG ZDUQLQJ OLJKWV 6ZLWFKHV RQ WKH LQVWUXPHQW SDQHO &RPSRQHQWV RQ WKH VLGH FRQVROH 7HOHVFRSLF DUP DQG FDUULDJH FRQWURO 2SHUDWLQJ FRPSRQHQWV IRU WKH IURQW DWWDFKPHQW
2SHUDWLRQ 7$5*2 & &/$$6 $&$'(0< &DE DQG RSHUDWLQJ FRPSRQHQWV
&/$$6 $&$'(0< 7$5*2 & 3RV 'HVFULSWLRQ 2SHUDWLRQ &RPPHQWV 6WHHULQJ ZKHHO +\GURVWDWLF PRGXOH 6860,& &/$$6 GLVSOD\ 6ZLWFKHV RQ LQVWUXPHQW SDQHO /RDG PRQLWRU 'ULYH OHYHU ,JQLWLRQ 0XOWLIXQFWLRQ OHYHU $FFHOHUDWRU %UDNH SHGDO 3DUNLQJ EUDNH -R\VWLFN 6WDQGDUG IURQW DWWDFKPHQW )URQW DWWDFKPHQW 5RDG WUDYHO VZLWFK 6WHHULQJ PRGH VZLWFK :KHHO SRVLWLRQ OLJKWV 6ZLWFK 2Q WKH VLGH FRQVROH 2SHUDWLQJ FRPSRQHQWV 6ZLWFK DFWLYD
2SHUDWLRQ 7$5*2 & &/$$6 $&$'(0< &RQWURO LQVWUXPHQWV DQG ZDUQLQJ OLJKWV
&/$$6 $&$'(0< 7$5*2 & 2SHUDWLRQ 7KH LQVWUXPHQWV DQG ZDUQLQJ OLJKWV FDQ EH IRXQG WR WKH ULJKW KDQG VLGH RI WKH VWHHULQJ FROXPQ RQ WKH LQVWUXPHQW SDQHO ,QVWUXPHQW 5HY FRXQWHU 7KH UHY FRXQWHU VKRZV WKH VSHHG RI WKH HQJLQH LQ UHYV SHU PLQXWH 2SHUDWLQJ KRXU FRXQWHU 7KH RSHUDWLQJ KRXU FRXQWHU GLVSOD\V WKH WRWDO QXPEHU RI KRXUV WKH HQJLQH KDV UXQ 7KH KRXUV DUH XVHG WR FDOFXODWH WKH PDLQWHQDQFH LQWHUYDOV ,QVWUXPHQW )XHO JDXJH ,QVWUXPHQW (QJLQH FRRODQW WHPSHUDWXUH 7KLV GLVSOD\V
2SHUDWLRQ 7$5*2 & &/$$6 $&$'(0<
&/$$6 $&$'(0< &RQWLQXDWLRQ 7$5*2 & 2SHUDWLRQ 2LO SUHVVXUH 7KLV LOOXPLQDWHV ZKHQ WKH JHDUER[ RLO SUHVVXUH GURSV EHORZ WKH QRUPDO SUHVVXUH 7KH OLJKW PD\ FRPH RQ ZKHQ WKH HQJLQH LV VWDUWHG EXW VKRXOG JR RXW RQFH WKH HQJLQH LV UXQQLQJ 7KH PDFKLQH PXVW 127 EH RSHUDWHG ZKHQ WKH OLJKW LV LOOXPLQDWHG *HDUER[ RLO WHPSHUDWXUH 'R 127 RSHUDWH WKH PDFKLQH ZKHQ WKH JHDUER[ RLO WHPSHUDWXUH OLJKW LV LOOXPLQDWHG &KDUJH LQGLFDWRU 7KLV OLJKW PD\ VWD\ LOOXPLQDWHG IRU D IHZ VHFRQGV DIWHU
2SHUDWLRQ 7$5*2 & &/$$6 $&$'(0< 6ZLWFKHV RQ WKH LQVWUXPHQW SDQHO
&/$$6 $&$'(0< 7$5*2 & 6ZLWFK KLJK EHDP DQG KHDG OLJKWV 7KH KLJK EHDP DQG KHDG OLJKWV DUH FRQWUROOHG IURP WKH PXOWLIXQFWLRQ VZLWFK 6ZLWFK %HDFRQ URFNHU VZLWFK 3UHVV LQ RUGHU WR VZLWFK RQ WKH EHDFRQV 6ZLWFK )RJ OLJKWV %\ SUHVVLQJ WKLV ZKHQ WKH VLGH OLJKWV DUH RQ ZLOO VZLWFK RQ WKH IRJ OLJKWV 6ZLWFK +D]DUG OLJKWV :KHQ WKLV VZLWFK LV VZLWFKHG 21 WKHQ WKH KD]DUG OLJKWV ZLOO RSHUDWH 7KH LQGLFDWRU OLJKWV RQ WKH LQVWUXPHQW SDQHO ZLOO DOVR IODVK 6ZLWFK )URQW ZRUNLQJ OLJKWV
2SHUDWLRQ 7$5*2 & &/$$6 $&$'(0< &RPSRQHQWV RQ WKH VLGH FRQVROH :KHHO SRVLWLRQ OLJKWV /RFN IRU MR\VWLFN FRQWURO 6WHHULQJ PRGH VZLWFK $JJUHVVLYH SURJUHVVLYH VZLWFK 5HDU ZDVK ZLSH VZLWFK +HDWLQJ IDQ FRQWURO VZLWFK SRVLWLRQ 7KLV VZLWFK UHJXODWHV WKH VSHHG RI WKH KHDWLQJ IDQ DV VRRQ DV WKH LJQLWLRQ VZLWFK LV RQ SRVLWLRQ $LU FRQGLWLRQLQJ VZLWFK RQ RII +HDWLQJ WHPSHUDWXUH VZLWFK 7XUQ WKH VZLWFK FORFNZLVH LQ RUGHU WR VZLWFK WKH KHDWLQJ 21 7XUQ W
&/$$6 $&$'(0< 7$5*2 & 2SHUDWLRQ 7HOHVFRSLF DUP DQG FDUULDJH FRQWURO 7HOHVFRSLF DUP UDLVH DQG ORZHU $ % )RUZDUGV 7HOHVFRSLF DUP ORZHU %DFNZDUGV 7HOHVFRSLF DUP UDLVH &DUULDJH WLSSLQJ & ' 7R WKH OHIW WLOW EDFN 7R WKH ULJKW WLOW IRUZDUGV %\ RSHUDWLQJ WKH XQLW GLDJRQDOO\ WKHQ ERWK WKH WHOHVFRSLF DUP DQG WKH FDUULDJH FDQ EH RSHUDWHG 8VHG LQ FRQMXQFWLRQ ZLWK WKH MR\VWLFNV ZLWK WKH UROOHU VZLWFK 7HOHVFRSLF DUP UHWUDFWLRQ H[WHQVLRQ ( ) XSZDUGV WKH WHOHVFRSLF DUP H[WHQGV EDFNZ
2SHUDWLRQ 7$5*2 & &/$$6 $&$'(0< 2SHUDWLQJ FRPSRQHQWV IRU WKH IURQW DWWDFKPHQW 2SHUDWLQJ FRPSRQHQWV IRU WKH IURQW DWWDFKPHQW $V VWDQGDUG WKH PDFKLQH LV ILWWHG ZLWK WKH DGGLWLRQDO K\GUDXOLFV IRU WKH H[WUD FRQWURO RI D IURQW DWWDFKPHQW ZKHQ ILWWHG $V RSWLRQ DQRWKHU FRQWURO XQLW FDQ EH ILWWHG -R\VWLFN KHDGV $ $ +HDG IRU WKH VWDQGDUG XQLW ± JUHHQ +HDG IRU WKH RSWLRQDO IURQW DWWDFKPHQW ± UHG /HYHU * ± FDUULDJH WLOW FRQWURO 7KLV EORFNV WKH FDUULDJH WLOW FRQWURO LQ RUGHU WR KHOS VDIH ZR
&/$$6 $&$'(0< 7$5*2 & 'ULYLQJ WKH PDFKLQH 6SHHG VZLWFK 2SHUDWLRQ 7KH VSHHG VZLWFK RQ WKH )15 OHYHU ZLOO VZLWFK EHWZHHQ WR NP K DQG GHSHQGLQJ RQ WKH FRXQWU\ WR NP K WR NP K RU WR NP K 7KH VZLWFK FDQ EH RSHUDWHG ZKHQ WKH PDFKLQH LV UXQQLQJ %\ VZLWFKLQJ LW WR WKH SRVLWLRQ ZLOO JLYH LW WKH KLJKHU VSHHGV DQG E\ VZLWFKLQJ LW WR WKH .
2SHUDWLRQ 7$5*2 & &/$$6 $&$'(0< $JJUHVVLYH SURJUHVVLYH VZLWFK 5DPER %DPEL 8VLQJ WKH DJJUHVVLYH SURJUHVVLYH VZLWFK RQ WKH VLGH FRQVROH RQH FDQ VZLWFK EHWZHHQ WZR DYDLODEOH VWDUWV RU ZRUNLQJ SRZHU VHWWLQJV :KHQ WKH VZLWFK LV SUHVVHG GRZQZDUGV WKHQ SRZHU LV QRUPDO DQG QRUPDO PDQRHXYUDELOLW\ ZLWK PD[LPXP VHWWLQJ IRU WKH DWWDFKPHQWV :KHQ WKH VZLWFK LV SUHVVHG XSZDUGV WKHQ WKH PDFKLQH ZLOO EH VZLWFKHG WR WKH KLJKHU VSHHGV DQG QRUPDO VHWWLQJV IRU WKH DWWDFKPHQWV %RWK VHWWLQJV FDQ EH XVHG LU
&/$$6 $&$'(0< 7$5*2 & 2SHUDWLRQ %UDNHV 7KH PDFKLQH LV ILWWHG ZLWK D VHUYR EUDNLQJ V\VWHP DQG D PHFKDQLFDO SDUNLQJ EUDNH V\VWHP WKDW RSHUDWHV WKH GLVF EUDNHV RQ WKH IURQW D[OH 7KH EUDNH SHGDO RSHUDWHV WKH VHUYR EUDNLQJ V\VWHP DV QRUPDO H[FHSW RSHUDWHV WKH JHDUER[ SURSRUWLRQDOO\ 7KLV DOORZV WKH PDFKLQH WR ´FUHHS´ IRUZDUGV RU WR EH KHOG LQ D SDUWLFXODU SRVLWLRQ HYHQ ZKHQ WKH HQJLQH LV DW IXOO VSHHG
2SHUDWLRQ 7$5*2 & &/$$6 $&$'(0< 3DUNLQJ EUDNH 6WRS DFFHOHUDWLQJ DQG EUDNH 7KH )15 GULYH OHYHU LQ WKH QHXWUDO SRVLWLRQ :KHQ WUDYHOOLQJ VORZO\ RU RQ OHYHO JURXQG WKH PDFKLQH ZLOO DXWRPDWLFDOO\ VORZ GRZQ ZLWKRXW WKH QHHG IRU WKH EUDNHV WR EH DSSOLHG :LWK WKH PDFKLQH VWDWLRQDU\ DSSO\ WKH EUDNHV )RU WKLV SXVK OHYHU $ IRUZDUGV XQWLO LW ORFNV LQ WKH UDWFKHW 7R UHOHDVH SUHVV OHYHU % GRZQ :KHQ WKH EUDNHV KDYH EHHQ DSSOLHG WKH JHDUER[ ZLOO DXWRPDWLFDOO\ EH GLVHQJDJHG %HIRUH GULYLQJ RII UHOHDVH
&/$$6 $&$'(0< 7$5*2 & 2SHUDWLRQ 7RZLQJ WKH PDFKLQH 6KRXOG D SUREOHP RFFXU ZLWK WKH HQJLQH DQG RU WKH K\GUDXOLFV WKHQ WKH PDFKLQH ZLOO DXWRPDWLFDOO\ FRPH WR D VWDQGVWLOO YLD WKH K\GURVWDWLF 7KH VHUYR V\VWHP RI WKH PDFKLQH ZLOO IRU D OLPLWHG WLPH UHPDLQ DFWLYH IRU WKH HPHUJHQF\ XVH 7KH SDUNLQJ EUDNH LV PHFKDQLFDOO\ RSHUDWHG DQG UHPDLQV RSHUDWHG RQ WKH IURQW D[OH ,Q RUGHU WR PRYH WKH PDFKLQH D VKRUW ZD\ LQ RUGHU WR PDNH LW VDIH 2SHQ WKH HQJLQH FRYHU DQG ORRN IRU WKH \HOORZ SODVWLF FDSV $ &OH
&/$$6 $&$'(0< &RQWHQWV 7$5*2 & 6DIHW\ ORDG GLVSOD\ 2SHUDWLRQ RI ORDG LQGLFDWRU $GMXVWLQJ WKH ORDG LQGLFDWRU /RDG GLDJUDP &DOLEUDWLRQ /RDG VLJQDO WHVW 2SHUDWLRQDO
6DIHW\ ORDG GLVSOD\ 2SHUDWLRQ RI ORDG LQGLFDWRU 7$5*2 & &/$$6 $&$'(0< 7KH ORDG LQGLFDWRU FDQ EH IRXQG LQ WKH FDE RI WKH PDFKLQH 8VLQJ DQ /(' GLVSOD\ WKH ORDG RQ WKH IRUNV FDQ EH PRQLWRUHG $ JUHHQ /(' VKRZV WKDW WKH V\VWHP LV VZLWFKHG RQ 7KH QG /(' UHG VKRZV WKDW WKH PDFKLQH LV ORDGHG (DFK /(' DIWHU WKDW DSSUR[ HTXDWHV WR )URP ORDGLQJ WR WKHUH DUH D WRWDO RI /('V UHG :KHQ ORDGLQJ LV DFKLHYHG WKHQ WKH /('V IODVK DQG DQ DGGLWLRQDO EX]]HU LV VRXQGHG 6KRXOG WKH
&/$$6 $&$'(0< 7$5*2 & 6DIHW\ ORDG GLVSOD\ $GMXVWLQJ WKH ORDG LQGLFDWRU /RDG GLDJUDP &$87,21 8VLQJ WKH VWDQGDUG IRUNV NJ VR WKDW WKH ORDG FHQWUH LV PP IURP WKH UHDU RI WKH IRUNV 6WDQGDUG IRUNV PXVW EH XVHG ZKHQ OLIWLQJ D ORDG : LQ RUGHU WR FDOFXODWH WKH ORDG FHQWUH ) DW PP IURP WKH UHDU RI WKH IRUNV * 6KRXOG WKH ORDG : RQ WKH IRUNV KDYH D ORDG FHQWUH ) JUHDWHU WKDQ PP IURP WKH UHDU RI WKH IRUNV * WKHQ IRU HYHU\ PP WKH WRWDO ZHLJKW PXVW EH UHGXFHG E\
6DIHW\ ORDG GLVSOD\ 7$5*2 & &/$$6 $&$'(0< &DOLEUDWLRQ 6LGH YLHZ RI D UHPRYHG ORDG LQGLFDWRU 7KH VLGH RQ WKH ORDG LQGLFDWRU VKRZV WKH FDOLEUDWLRQ EXWWRQ 7KH 63$1 EXWWRQ LV QRW XVHG 3URFHGXUH 'ULYH WKH PDFKLQH IRU DSSUR[ PLQ 6R D[OH UHDFKHV RSHUDWLRQDO WHPSHUDWXUH 6WRS WKH PDFKLQH D 2Q VWUDLJKW DQG OHYHO JURXQG E :LWK WKH ZKHHOV VWUDLJKW F :LWK WKH SDUNLQJ EUDNH RII G :LWK WKH ERRP LQ WKH URDG WUDYHO SRVLWLRQ H :LWK WKH ERRP IXOO\ UHWUDFWHG I :LWKRXW IRUNV RU IU
&/$$6 $&$'(0< 7$5*2 & 6DIHW\ ORDG GLVSOD\ &DUU\LQJ RXW WKH FDOLEUDWLRQ 7KH 63$1 EXWWRQ LV QRW XVHG 3URFHGXUH 5HDFWLRQ 8VLQJ D VFUHZGULYHU PRPHQWDULO\ SUHVV WKH &$/ EXWWRQ 7KH ORZHU JUHHQ DQG WKH VHFRQG UHG OLJKW VKRXOG QRZ IODVK TXLFNO\ 7KH IODVKLQJ VKRZV WKDW WKH XQLW LV QRZ LQ FDOLEUDWLRQ PRGH 6KRXOG WKH\ QRW IODVK WKHQ PRPHQWDULO\ SUHVV WKH &$/ EXWWRQ DJDLQ :LWKRXW D ORDG RQ WKH ERRP ZDLW DSSUR[ VHFRQGV DQG WKHQ PRPHQWDULO\ SUHVV WKH ´%´ EXWWRQ RQ WKH IURQW 7KH ORZHU JUHHQ /('
6DIHW\ ORDG GLVSOD\ 7$5*2 & /RDG VLJQDO WHVW 2SHUDWLRQDO WHVW RI WKH ORDG LQGLFDWRU &/$$6 $&$'(0< 6ZLWFK RQ WKH LJQLWLRQ 6ZLWFK WKH URDG WUDYHO VZLWFK RQ DQG WKH ERWWRP JUHHQ OLJKW VKRXOG FRPH RQ WR VKRZ WKDW WKHUH LV SRZHU 3UHVV EXWWRQ ´%´ 1RZ DOO WKH /(' VKRXOG IODVK DQG EX]]HU PXVW EH KHDUG 2SHUDWLRQ 'ULYH WKH PDFKLQH IRU DSSUR[ PLQ 6R WKDW WKH D[OH UHDFKHV WKH RSHUDWLQJ WHPSHUDWXUH 6WRS WKH PDFKLQH D 2Q VWUDLJKW DQG OHYHO JURXQG E :LWK WKH
&/$$6 $&$'(0< 7$5*2 & 6DIHW\ ORDG GLVSOD\ 3002 $ &RQQHFWRU $ /RDG VHQVRU 7KH UHDGLQJ PXVW EH WDNHQ EHWZHHQ SLQV FRQQHFWRU $ &DEOH FRORXU *UHHQ 6LJQDO YROWDJH &DEOH FRORXU
6DIHW\ ORDG GLVSOD\ )DXOW GLDJQRVWLFV /RDG LQGLFDWRU 7$5*2 & &/$$6 $&$'(0< 3UREOHP &DXVH +HOS (YHQ WKRXJK WKH LJQLWLRQ LV VZLWFKHG RQ QR /('V DUH LOOXPLQDWHG 3RZHU VXSSO\ YROWDJH EURNHQ &KHFN WKH IXVHV &KHFN WKH FDEOH FRQQHFWLRQ 5HSODFH WKH ORDG LQGLFDWRU DQG FDOLEUDWH /('¶V DQG IODVK VORZO\ ,QWHUQDO IDXOW ZLWK WKH ORDG LQGLFDWRU 5HSODFH WKH ORDG LQGLFDWRU DQG FDOLEUDWH /('¶V DQG DUH SHUPDQHQWO\ LOOXPLQDWHG DQG /(' IODVKHV TXLFNO\ 7KH VLJQDO IRU WKH O
&/$$6 $&$'(0< 7$5*2 & 6DIHW\ ORDG GLVSOD\ /RDG VHQVRU VLJQDO ILWWHG WR WKH UHDU D[OH 3RVLWLRQ 5 0 3RV % 'HVFULSWLRQ 6WHHULQJ SRVLWLRQ VZLWFK /RDG VHQVRU /RDG LQGLFDWRU &RPPHQW 7KH VWHHULQJ SRVLWLRQ VZLWFK LV WKH VHQVRU IRU WKH ZKHHO SRVLWLRQ ZDUQLQJ )LWWHG WR WKH VWHHULQJ UDP &RORXU FRGH EOXH RZQ PDJQHWLF ILHOG &RORXU FRGH \HOORZ &RQWUROOHG E\ D PDJQHWLF ILHOG LQ WKH VWHHULQJ UDP 7KH 7DUJR VHULHV RI PDFKLQHV KDYH WKH VHW XQLW SDUW QXPEHU ,Q WKH FD
6DIHW\ ORDG GLVSOD\ 7$5*2 & &/$$6 $&$'(0< )LWWLQJ $SSOLHV IRU DOO W\SHV 'ULYH WKH PDFKLQH IRU DSSUR[ PLQ 6R D[OH UHDFKHV RSHUDWLRQDO WHPSHUDWXUH 6WRS WKH PDFKLQH D 2Q VWUDLJKW OHYHO JURXQG E :LWK WKH ZKHHOV VWUDLJKW F :LWK WKH SDUNLQJ EUDNH UHOHDVHG G :LWK WKH ERRP LQ WKH URDG WUDYHO SRVLWLRQ H :LWK WKH ERRP IXOO\ UHWUDFWHG I :LWKRXW IRUNV RU D IURQW DWWDFKPHQW &OHDQ WKH VXUIDFH WR ZKLFK WKH VHQVRU IL[HV WR PHWDO EODQN )LW WKH VHQVRU *HQHUDO WLS $SSO\ ORFWLWH WR WKH VXUIDFH
&/$$6 $&$'(0< &RQWHQWV 7$5*2 & *URXQG GULYH 7HFKQLFDO GDWD +\GURVWDWLFV &LUFXLW GLDJUDP 7DUJR & +\GURVWDW 'HVLJQ RI SUHYLRXV V\VWHP H J &RPELQH KDUYHVWHU &KDUJH SXPS &
*URXQG GULYH 7HFKQLFDO GDWD 7$5*2 & &/$$6 $&$'(0< & & +\GURVWDWLFV +\GURVWDWLFV 6DXHU 6DXHU PD[ O PLQ PD[ O PLQ 8OWUD 8OWUD &KDUJH SUHVVXUH EDU EDU 3XPS K\GURVWDWLF 6DXHU 5 1)3( 6DXHU 5 1)3( PD[ FFP PD[ FFP 0D[ KRXVLQJ SUHVVXUH EDU EDU 0D[ KRXVLQJ SUHVVXUH DW FROG VWDUW EDU EDU :HLJKW RI SXPS K\GURVWDWLF NJ NJ 6DXHU ' 6DXHU ' FFP FFP USP USP 0D[ KRXVLQJ SUHVVXUH EDU
&/$$6 $&$'(0< 7$5*2 & *URXQG GULYH 1RWHV
*URXQG GULYH 7$5*2 & +\GURVWDWLFV &LUFXLW GLDJUDP 7DUJR & +\GURVWDW &/$$6 $&$'(0<
&/$$6 $&$'(0< ,WHP 7$5*2 & *URXQG GULYH 'HVLJQDWLRQ 1RWH ,Q WDQN PD[ O PLQ 7KH YDOYH LV ORFDWHG LQ WKH OHDNDJH RLO FLUFXLW EDU FPñ EDU 3UHVVXUH ILOWHU ZLWK EDU E\SDVV 6HULHV 5 1)3( 6XFWLRQ VLHYH 3XPS 2QH ZD\ YDOYH +\GUDXOLF PRWRU IDQ 3UHVVXUH UHOLHI YDOYH +\GUDXOLF ILOWHU 3XPS K\GURVWDWLF 1RW DYDLODEOH &KDUJH SUHVVXUH SUHVVXUH UHOLHI YDOYH 6HUYR YDOYH 0XOWLIXQFWLRQ YDOYH %\SDVV IXQFWLRQ 3UHVVXUH UHOLHI YDOYH 2YHUSUHVVXUH SUHVVXUH UHOLHI YDOYH 0XOWLIXQFWLRQ YDOYH 3XU
*URXQG GULYH )XQFWLRQ GHVFULSWLRQ ( 09 6ROHQRLG YDOYH 7$5*2 & &/$$6 $&$'(0< 7KH JURXQG GULYH XQLW FRQVLVWV RI WKH IROORZLQJ PRGXOHV DQG FRQWURO HOHPHQWV 3XPS 7\SH 5 1)3( 1RQ IHHGEDFN SURSRUWLRQDO HOHFWULF 1R PHFKDQLFDO IHHGEDFN 0RWRU 7\SH ' ± +\GURVWDWLF PRGXOH 6860,& 5RDG WUDYHO VZLWFK RQ WKH JURXQG VSHHG FRQWURO OHYHU IRUZDUGV UHYHUVH 5RWDU\ VZLWFK RQ WKH JURXQG VSHHG FRQWURO OHYHU VWDJHV NP K RU NP K 2SHUDWLQJ PRGH VZLWFK SURJUHVVLYH D
&/$$6 $&$'(0< 7$5*2 & *URXQG GULYH :KHQ WKH JURXQG VSHHG FRQWURO OHYHU LV RSHUDWHG 9 LV VZLWFKHG WR WKH 6860,& XQLW 'XULQJ LGOH VWDWH WKH 7DUJR GRHV QRW VWDUW WUDYHOOLQJ ,I WKH VSHHG RI WKH GLHVHO HQJLQH LV LQFUHDVHG D 6,*1$/ LV VHQW IURP WKH VSHHG VHQVRU WR WKH 6860,& DQG WKH 7DUJR VWDUWV WR PRYH 7KH 6860,& VHQGV D 3:0 VLJQDO 3XOVH :LGWK 0RGXODWLRQ WR WKH )RUZDUGV SURSRUWLRQDO YDOYH ZKLFK LV PRXQWHG RQ WKH VHUYR YDOYH ! ! ! ! $W LGOH VWDWH DSSUR[ $PSV $W IXOO VSHHG DSSUR[ $PSV
*URXQG GULYH 6SHFLDO IHDWXUHV RI WKH K\GURVWDWLFV 7$5*2 & &/$$6 $&$'(0< 'XULQJ IRUZDUGV WUDYHO LW LV SRVVLEOH WR DFWXDWH WKH VSHHG UDQJH VZLWFK RQ WKH JURXQG VSHHG FRQWURO OHYHU 7KLV FDXVHV FXUUHQW WR SDVV WR WKH VROHQRLG YDOYH D DQG WKH URG VXUIDFH LV FRQQHFWHG WR WKH WDQN E\ WKH DGMXVWLQJ XQLW ,Q WKLV ZD\ WKH K\GUDXOLF PRWRU VZDVKHV RYHU WR PD[ FDSDFLW\ 7KH 7DUJR RSHUDWHV PRUH VORZO\ EXW LW QRZ KDV D JUHDWHU WRUTXH DYDLODEOH ! .
&/$$6 $&$'(0< 7$5*2 & *URXQG GULYH 1RWHV
*URXQG GULYH &/$$6 $&$'(0< 3UHYLRXV V\VWHP GHVLJQ H J FRPELQH KDUYHVWHU H 206 S H 212 211 Z1012.
&/$$6 $&$'(0< 'HVLJQDWLRQV 7$5*2 & 6 + 5 = 7KH FORVHG FLUFXLW *URXQG GULYH ± 2LO WDQN ± 2LO FRROHU ± &RQQHFWLRQ VWHHULQJ K\GUDXOLF UHWXUQ OLQH ± &KDUJH SXPS ± )LOWHU FDUWULGJH ± &KDUJH SUHVVXUH UHOLHI YDOYH ± 3LORW SUHVVXUH YDOYH ± 0XOWL IXQFWLRQ YDOYH UHYHUVH ± 0XOWL IXQFWLRQ YDOYH IRUZDUGV ± 6HUYR YDOYH ± 6HUYR UDP ± $[LDO URG DGMXVWLQJ SXPS ± $[LDO URG FRQVWDQW PRWRU ± &KDQJH RYHU YDOYH ± 3XUJH YDOYH ± &KDUJH SUHVVXUH FLUFXLW ± +
*URXQG GULYH 7$5*2 & &/$$6 $&$'(0< &KDUJH SXPS W202 3 ,WHP 'HVLJQDWLRQ 1RWH &KDUJH SXPS 7KH SXPS LV SRVLWLRQHG EHQHDWK WKH DOWHUQDWRU : $OWHUQDWRU $IWHU VWDUWLQJ WKH GLHVHO HQJLQH WKH FKDUJH SXPS LV GULYHQ 7KH PD[ VXSSOLHG TXDQWLW\ LV O PLQ 7KH FKDUJH SXPS GHOLYHUV WKH RLO WR WKH IDQ PRWRU WKH K\GUDXOLF ILOWHU DQG WKH K\GURVWDWLF SXPS &KDUJH 7KH FKDUJH RLO LV GHOLYHUHG YLD WKH K\GUDXOLF ILOWHU WR WKH FRQQHFWLRQ VHH DUURZ RQ WKH K\GURVWDWLF SXPS
&/$$6 $&$'(0< 7$5*2 & *URXQG GULYH &KDUJH SUHVVXUH UHOLHI YDOYH 7KH FKDUJH SUHVVXUH UHOLHI YDOYH KDV WKH WDVN RI KROGLQJ WKH FKDUJH SUHVVXUH DW D YDOXH RI EDU $ FRQLFDO YDOYH UHGXFHV WKH FKDUJH SUHVVXUH LI WKLV YDOXH LV H[FHHGHG 7KLV QRPLQDO YDOXH LV PHDVXUHG DJDLQVW WKH KRXVLQJ SUHVVXUH DQG VHW ZKLOH DW D VSHHG RI USP 7KLV QRPLQDO VHWWLQJ DVVXPHV WKDW WKH SXPS LV RQ QHXWUDO RSHUDWLRQ ]HUR IORZ WKH IRUZDUGV RU UHYHUVH FKDUJH SUHVVXUH LV VRPHZKDW ORZHU 7KH VHWWLQJ RI WKH FKDUJH SUHVVXU
*URXQG GULYH 7$5*2 & 6DXHU 3XPSH 5 1)3( 'HVFULSWLRQ % ' ) * + . / 1 5 6 : &/$$6 $&$'(0< ± &KDUJH SXPS QRW SUHVHQW ([WHUQDO FKDUJH SXPS ± 6HUYR YDOYH ± 6HUYR UDP ± &RQWURO EDVH ± 6KDIW VHDO ULQJ ± 5HWXUQ VSULQJ ± 6OLGH ± +LJK SUHVVXUH ± 5RG ± %HDULQJ ± $GMXVWPHQW RI PHFKDQLFDO QHXWUDO SRVLWLRQ ± &\OLQGULFDO URWRU ± 6ZDVK SODWH ± 'ULYH VKDIW
&/$$6 $&$'(0< )XQFWLRQ GHVFULSWLRQ 7$5*2 & *URXQG GULYH $V VRRQ DV WKH GLHVHO HQJLQH LV VWDUWHG WKH F\OLQGULFDO URWRU 5 LV GULYHQ ZLWK WKH QHZ URGV . ZKLFK DUH DUUDQJHG UDGLDOO\ DURXQG WKH GULYH VKDIW : WRJHWKHU ZLWK WKH FKDUJH SXPS 7KH URGV . DUH WKHUHE\ IRUFHG ZLWK WKH VOLGHV * RQWR WKH VZDVK SODWH 6 E\ WKH FKDUJH SUHVVXUH ZKLFK LV DSSOLHG WR ERWK VLGHV RI WKH KLJK SUHVVXUH FLUFXLW + 7KH VHUYR F\OLQGHU LV FRQWUROOHG E\ WKH VHUYR UDP VR WKDW WKLV VZDVKHV RXW WKH VZDVK
*URXQG GULYH 7$5*2 & &/$$6 $&$'(0< 6HUYR YDOYH 72 64 6HUYR YDOYH ZLWK VROHQRLG YDOYHV 3:0 6HUYR UDP 7KH VROHQRLG YDOYH 3:0 PRXQWHG RQ WKH VHUYR YDOYH JHQHUDWHV D SRVLWLRQ SUHVVXUH 7KLV SRVLWLRQ SUHVVXUH LV WUDQVIHUUHG LQWHUQDOO\ WR VHUYR UDP DQG FRQVWDQW SUHVVXUH UHJXODWRU 7KH VROHQRLG YDOYH LV SRZHUHG E\ WKH 6XVPLF PRGXOH %RWWRP RI VHUYR YDOYH 7 3RVLWLRQ SUHVVXUH 6 &KDUJH SUHVVXUH * &RQQHFWLRQ ZLWK WKH KRXVLQJ 6LHYHV DUH SURYLGHG LQ VRPH RI WKH GULOOLQJ KROHV IRU 7
&/$$6 $&$'(0< 7$5*2 & *URXQG GULYH 0XOWL IXQFWLRQ YDOYHV )XQFWLRQ RI SUHVVXUH UHOLHI 1 3 2 4 3UHVVXUH UHOLHI YDOYH &KDUJH SUHVVXUH 2XWOHW WR VHUYR URG 6HW VFUHZ IRU SUHVVXUH UHOLHI YDOYH 7KH SXPS FRQWDLQV D PXOWL IXQFWLRQ YDOYH IRU HDFK VLGH RI WKH GULYH FLUFXLW (DFK PXOWL IXQFWLRQ YDOYH DFWV DV D SXUJH YDOYH SUHVVXUH UHOLHI YDOYH DQG RYHU SUHVVXUH YDOYH DFFRUGLQJ WR ZKLFK VLGH RI WKH FORVHG FLUFXLW LW LV RSHUDWLQJ RQ )XQFWLRQ 2Q WKH KLJK SUHVVXUH VLGH RI WKH FLUFXLW WKH PXOWL IXQ
*URXQG GULYH 7$5*2 & &/$$6 $&$'(0< )XQFWLRQ RI SXUJLQJ 4 1 6 5 3UHVVXUH UHOLHI YDOYH 6HW VFUHZ IRU SUHVVXUH UHOLHI YDOYH 3XUJH YDOYH 7R WKH ORZ SUHVVXUH VLGH )XQFWLRQ 2Q WKH ORZ SUHVVXUH VLGH RI WKH FLUFXLW WKH PXOWL IXQFWLRQ YDOYH DFWV DV SXUJH ,I WKH SUHVVXUH LQ WKH FLUFXLW IDOOV EHORZ WKH VHW YDOXH RI WKH FKDUJH SUHVVXUH WKH FKDUJH SUHVVXUH GLVSODFHV WKH SXUJH YDOYH WR WKH OHIW DJDLQVW WKH VSULQJ IRUFH ZKLFK FDXVHV WKH FKDUJH RLO WR IORZ LQWR WKH FLUFXLW DQG OHDNDJH ORVVHV FDQ WKX
&/$$6 $&$'(0< 7$5*2 & *URXQG GULYH )XQFWLRQ RI RYHU SUHVVXUH 4 1 8 7 2 3UHVVXUH UHOLHI YDOYH &KDUJH SUHVVXUH 6HW VFUHZ IRU SUHVVXUH UHOLHI YDOYH 7R FKDUJH FLUFXLW 2YHU SUHVVXUH YDOYH )XQFWLRQ 2Q WKH KLJK SUHVVXUH VLGH RI WKH FLUFXLW WKH PXOWL IXQFWLRQ YDOYH DOVR DFWV DV DQ RYHU SUHVVXUH YDOYH WR SURWHFW WKH V\VWHP IURP KLJK SUHVVXUH SHDNV +LJK SUHVVXUH SHDNV FDQ RFFXU ZKHUH JUHDW H[WHUQDO IRUFHV DIIHFW WKH JURXQG GULYH 7KH KLJK SUHVVXUH GLVSODFHV WKH SUHVVXUH UHOLHI YDOYH IURP LWV
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
&/$$6 $&$'(0< 7$5*2 & *URXQG GULYH 1RWHV
*URXQG GULYH 7$5*2 & &/$$6 $&$'(0< 7HVW SRUWV SXPS &LUFXLW GLDJUDP SXPS
&/$$6 $&$'(0< ,WHP 7$5*2 & *URXQG GULYH 'HVLJQDWLRQ 1RWH 3XPS K\GURVWDWLF 6HULHV 5 1)3( &KDUJH SUHVVXUH SUHVVXUH UHOLHI YDOYH EDU 6HUYR YDOYH :LWK VROHQRLG YDOYHV 3:0 0XOWL IXQFWLRQ YDOYH %\SDVV IXQFWLRQ )RU H[DPSOH ZKHQ WRZLQJ WKH YHKLFOH 3UHVVXUH UHOLHI YDOYH DSSUR[ EDU 2YHU SUHVVXUH SUHVVXUH EDU VKRFN IXQFWLRQ UHOLHI YDOYH 0XOWL IXQFWLRQ YDOYH 3XUJLQJ 3XUJHV WKH RLO WKDW WKH SXUJH SUHVVXUH UHOLHI YDOYH KDV UHOHDVHG
*URXQG GULYH 7$5*2 & &KDUJH SUHVVXUH 0 D 0 0 0HDVXUHPHQW 7HVW SRUW FKDUJH SUHVVXUH &RQQHFWLRQ SRVLWLRQ SUHVVXUH IRUZDUGV &RQQHFWLRQ SRVLWLRQ SUHVVXUH UHYHUVH $SSO\ SDUNLQJ EUDNH +HDW V\VWHP WR DQ RSHUDWLQJ WHPSHUDWXUH RI DSSUR[ 3XW JURXQG VSHHG FRQWURO OHYHU LQWR QHXWUDO SRVLWLRQ 6HW GLHVHO HQJLQH WR LWV XSSHU LGOLQJ VSHHG 0HDVXUHPHQW FKDUJH SUHVVXUH 0 D EDU +LJK SUHVVXUH 0 0 0 &/$$6 $&$'(0< 7HVW SRUW KLJK SUHVVXUH UHYHUVH 7HVW SRUW
&/$$6 $&$'(0< 0HDVXUHPHQW 7$5*2 & *URXQG GULYH )RUZDUGV $SSO\ SDUNLQJ EUDNH -DFN XS WKH PDFKLQH :LWKGUDZ FRQQHFWRU IURP SRWHQWLRPHWHU RQ WKH LQFK SHGDO EUDNH SHGDO 5HOHDVH SDUNLQJ EUDNH &OHDU DQ\ SHUVRQQHO IURP WKH KD]DUG DUHD &RQQHFW PDQRPHWHUV WR ERWK KLJK SUHVVXUH VLGHV 0 0 +HDW V\VWHP WR DQ RSHUDWLQJ WHPSHUDWXUH RI DSSUR[ 6HW GLHVHO HQJLQH WR LWV XSSHU LGOLQJ VSHHG 0HDVXUH FKDUJH SUHVVXUH EDU 0 '
*URXQG GULYH 7$5*2 & &/$$6 $&$'(0< 6DXHU 0RWRU 3XUJH SUHVVXUH UHOLHI YDOYH &RQVWDQW SUHVVXUH UHJXODWRU D 6ROHQRLG YDOYH VHOHFW VSHHG UDQJH NP K RU NP K 6 9 / ( ' . 6HWWLQJ RI VZDVK DQJOH WKH PLQLPXP FDSDFLW\ FDQ EH VHW SURWHFWLYH FDS 9DOYH VHJPHQW %HDULQJ SODWH 7DSHU UROOHU EHDULQJ 6\QFKURQL]DWLRQ MRLQW 5RG
&/$$6 $&$'(0< 7$5*2 & *URXQG GULYH 6HULHV K\GUDXOLF DFWXDWLQJ PRWRUV RSHUDWH ZLWK VSKHULFDO URGV DQG URG ULQJV 7KH DQJOH EHWZHHQ WKH F\OLQGHU EORFN DQG WKH RXWSXW VKDIW FDQ EH DGMXVWHG EHWZHHQ DQG ZKLFK SURYLGHV D UDWLR RI PD[LPXP WR PLQLPXP FDSDFLW\ RI WR $W WKH PD[LPXP FDSDFLW\ WKH PRWRU DFKLHYHV LWV PD[LPXP RXWSXW WRUTXH ZLWK PLQLPXP VSHHG XQGHU WKH UHVSHFWLYH SUHVVXUH DQG YROXPHWULF IORZ UDWLRV $W WKH PLQLPXP FDSDFLW\ DQG WKH VDPH LQSXW FRQGLWLRQV WKH RXWSXW VSHHG LQFUHDVHV IROG
*URXQG GULYH 7$5*2 & &/$$6 $&$'(0< 3XUJH YDOYH 3XUJH YDOYH 3XUJH SUHVVXUH UHOLHI YDOYH 6HULHV PRWRUV LQFOXGH DV VWDQGDUG DQ LQWHJUDWHG SXUJH YDOYH &LUFXLW SXUJLQJ LV FDUULHG RXW LQ WKH FORVHG FLUFXLW LQ RUGHU WR FRRO WKH KLJK SUHVVXUH FLUFXLW RU WR UHPRYH FRQWDPLQDWLRQ IURP WKH FLUFXLW 6HULHV PRWRUV ZLWK DQ LQWHJUDWHG SXUJH YDOYH DUH DOVR HTXLSSHG ZLWK D SXUJH SUHVVXUH UHOLHI YDOYH 7KH SUHVVXUH VHWWLQJ RI WKH SXUJH SUHVVXUH UHOLHI YDOYH DOVR LQIOXHQFHV WKH IXQFWLRQ RI WKH FLUFXLW SXU
&/$$6 $&$'(0< 7$5*2 & *URXQG GULYH &RQVWDQW SUHVVXUH UHJXODWRU E XB 78 XA 5007 78a D ;$ ;% ( &RQVWDQW SUHVVXUH UHJXODWRU 6ROHQRLG YDOYH &RQQHFWLRQ SRVLWLRQ SUHVVXUH UHYHUVH &RQQHFWLRQ SRVLWLRQ SUHVVXUH IRUZDUGV &RQWURO SUHVVXUH VHWWLQJ VHW VFUHZ EDU 7KLV FRQWUROOHU UHJXODWHV WKH FRQVWDQW SUHVVXUH V\VWHP LQ WKH PXOWL IXQFWLRQ EORFN PRGXOH IRU WKH PRWRU FDSDFLW\ GHSHQGLQJ RQ WKH KLJK SUHVVXUH $V ORQJ DV WKH KLJK SUHVVXUH UHPDLQV EHORZ WKH FRQWURO SUHVVXUH VHWWLQJ ( EDU
*URXQG GULYH 7$5*2 & &/$$6 $&$'(0< 7UDYHO GLUHFWLRQDO YDOYH 78a S 77 5008 7UDYHO GLUHFWLRQDO YDOYH D 6ROHQRLG YDOYH 6 6WXG EROW $WWHQWLRQ ,I WKH WUDYHO GLUHFWLRQDO YDOYH KDV WR EH UHPRYHG LW LV ILUVW QHFHVVDU\ WR XQVFUHZ WKH VWXG EROW 6 7KH WUDYHO GLUHFWLRQDO YDOYH LV LQWHJUDWHG LQWR WKH FRQVWDQW SUHVVXUH UHJXODWRU DQG LV DFWXDWHG E\ WKH UHVSHFWLYH SRVLWLRQ SUHVVXUH 7KH WUDYHO GLUHFWLRQDO YDOYH LV D FKDQJH RYHU YDOYH ZKLFK SURYLGHV WKH UHVSHFWLYHO\ GHOLYHUHG KLJK SUHVVXU
&/$$6 $&$'(0< 7$5*2 & *URXQG GULYH 7HVW SRUWV PRWRU &LUFXLW GLDJUDP PRWRU ,WHP 'HVLJQDWLRQ 1RWH 0RWRU K\GURVWDWLF 6HULHV ' $GMXVWLQJ XQLW IURP PRWRU 3XUJH YDOYH 3XUJH SUHVVXUH UHOLHI YDOYH 7UDYHO GLUHFWLRQDO YDOYH &RQVWDQW SUHVVXUH UHJXODWRU 0 0 1RWH 2SHQV DW DERXW EDU 7HVW SRUW 3RVLWLRQ SUHVVXUH UDP VLGH 7KH SRVLWLRQ SUHVVXUH ZRUNV RQ WKH DGMXVWLQJ XQLW IURP WKH PRWRU 7HVW SRUW 3RVLWLRQ SUHVVXUH URG VLGH 7KH SRVLWLRQ SUHVV
*URXQG GULYH 7$5*2 & &/$$6 $&$'(0< &KHFNLQJ WKH FRQVWDQW SUHVVXUH UHJXODWRU M4 ,WHP M3 78 'HVLJQDWLRQ 1RWH 0 3RVLWLRQ SUHVVXUH UDP VLGH 7KH SRVLWLRQ SUHVVXUH ZRUNV RQ WKH DGMXVWLQJ XQLW IURP WKH PRWRU 0 3RVLWLRQ SUHVVXUH URG VLGH 7KH SRVLWLRQ SUHVVXUH ZRUNV RQ WKH DGMXVWLQJ XQLW IURP WKH PRWRU &RQVWDQW SUHVVXUH UHJXODWRU 9HUVLRQ ZLWK VROHQRLG YDOYH DQG VHW WR EDU ( 09 6ROHQRLG YDOYH 0HDVXUHPHQW $SSO\ SDUNLQJ EUDNH -DFN XS WKH PDFKLQH :LWK
&/$$6 $&$'(0< 7$5*2 & *URXQG GULYH &KHFNLQJ WKH VSHHG UDQJH NP K 6SHHG UDQJH VZLWFK 0HDVXUHPHQW $SSO\ SDUNLQJ EUDNH -DFN XS WKH PDFKLQH &OHDU DQ\ SHUVRQQHO IURP WKH KD]DUG DUHD &RQQHFW PDQRPHWHU WR WHVW SRUWV 0 DQG 0 +HDW V\VWHP WR DQ RSHUDWLQJ WHPSHUDWXUH RI DSSUR[ :LWKGUDZ FRQQHFWRU IURP SRWHQWLRPHWHU RQ WKH LQFK SHGDO EUDNH SHGDO 5HOHDVH SDUNLQJ EUDNH 6HW URWDU\ VZLWFK RQ WKH JURXQG VSHHG FRQWURO OHYHU WR WKH SRVLWLRQ .
*URXQG GULYH 7$5*2 & &/$$6 $&$'(0< 1RWHV
&/$$6 $&$'(0< 7$5*2 & *URXQG GULYH +\GURVWDWLF PRGXOH 6860,& 7KH 6$8(5 '$1)266 1)3( 1RQ )HHGEDFN 3URSRUWLRQDO (OHFWULF 6\VWHP IRU $XWRPRWLYH $SSOLFDWLRQV FRPELQHV WKH IXWXUH RULHQWHG WHFKQRORJ\ RI WKH 2II +LJKZD\ 'LJLWDO (OHFWURQLF &RQWURO ZLWK 6$8(5 '$1)266 V SURYHQ D[LDO SLVWRQ SXPS WHFKQRORJ\ 7KLV DSSOLFDWLRQ HLWKHU XVHV WKH 1)3( SXPS RQO\ WKH WZR SRVLWLRQ PRWRU RU SURSRUWLRQDO FRQWUROOHG PRWRU 7KH 6XVPLF PRGXOH FRPELQHV FRQWURO SHUIRUPDQFH ZLWK WKH IOH[LELOLW\ RI D IXWXUH RULHQWHG FRQWURO
*URXQG GULYH 7$5*2 & &/$$6 $&$'(0< &LUFXLW GLDJUDP PRGXOH
&/$$6 $&$'(0< +\GURVWDWLF PRGXOH VWUDWHJLHV 6XVPLF 7$5*2 & *URXQG GULYH 7R LQIOXHQFH WKH GULYLQJ EHKDYLRXU RI WKH PDFKLQH WKH RSHUDWRU FDQ FRQWURO WKH WUDQVPLVVLRQ LQ ZD\V 6SHHG 6HQVRU $FFHOHUDWRU SHGDO %UDNH SHGDO LQFK SHGDO 'LUHFWLRQ FRQWURO OHYHU 6SHHG OLPLWHU WZLVW JULS 3URJUHVVLYH $JJUHVVLYH PRGH VZLWFK 3DUNLQJ EUDNH 7KH DFFHOHUDWRU SHGDO IXQFWLRQ LV VWUDLJKW IRUZDUG 7KH IXUWKHU WKH SHGDO LV SXVKHG GRZQ WKH IDVWHU WKH PDFKLQH ZDQWV WR JR 7KH EUDNH SHGDO LV D V
*URXQG GULYH 7$5*2 & &/$$6 $&$'(0< 7KH $JJUHVVLYH 3URJUHVVLYH PRGH VZLWFK DOWHUQDWLYHO\ FDOOHG 5DPER %DPEL VZLWFK FKDQJHV WKH FKDUDFWHULVWLFV RI WKH +\GURVWDWLF SXPS DQG WKHUHIRUH WUDQVPLVVLRQ EHKDYLRXU &KDUDFWHULVWLFV RI WKH 3URJUHVVLYH PRGH *RRG UHVROXWLRQ DW ORZ PHGLXP HQJLQH VSHHGV L H IRU D ODUJH PRYHPHQW RI WKH DFFHOHUDWRU SHGDO WKHUH LV D VPDOO LQFUHDVH LQ YHKLFOH VSHHG DOORZLQJ DFFXUDWH FRQWURO RYHU WKH PDFKLQH H J SODFHPHQW ZRUN *RRG DQWL VWDOO DW PHGLXP KLJK HQJLQH VSHH
&/$$6 $&$'(0< 7$5*2 & *URXQG GULYH 1RWHV
*URXQG GULYH 7$5*2 & &/$$6 $&$'(0< 'LDJQRVLV 0RGXO 6860,& 6 ; ,GHQW QR 0RXQWLQJ VORWV $03 FRQQHFWRU 'LDJQRVWLF /(' UHG (UURU FKHFN 67$786 /LJKWV XS LI DQ HUURU LV GHWHFWHG 'LDJQRVWLF /(' \HOORZ 6RIWZDUH FKHFN 02'( /(' IODVKLQJ VORZ LI WKH SURJDP LV UXQQLQJ ILQH /(' IODVKLQJ IDVW LI QR SURJUDP LV ORDGHG 1R IODVKLQJ LI LQ VHWXS PRGH 'LDJQRVWLF /(' JUHHQ 9'& LQWHUQDO 6<67(0 /LJKWV XS LI 9 '& LQWHUQDO LV 2 . 'LDJQRVWLF /(' JUHHQ %DWWHU\ DIWHU LJQLWLRQ VZLWFK 32:(
&/$$6 $&$'(0< 7$5*2 & *URXQG GULYH (UURU WDEOH 6XVPLF (UURU FRGH UHG /(' (UURU ORFDWLRQ HUURU FDXVH 3RVVLEOH UHPHG\ 3RWHQWLRPHWHU RQ EUDNH SHGDO LQFK SHGDO Í Í Í 6XSSO\ SRZHU 9 RXWVLGH WROHUDQFH UDQJH 3RWHQWLRPHWHU RQ EUDNH SHGDO LQFK SHGDO 6LJQDO YROWDJH LQFRUUHFW &KHFN ZLULQJ &KHFN SRWHQWLRPHWHU UHQHZ LI QHFHVVDU\ Í Í 6SHHG VHQVRU GLHVHO HQJLQH 1R VSHHG VLJQDO GXULQJ VWDUW &KHFN ZLULQJ &KHFN VHQVRU DQG UHQHZ LI QHFHVVDU\ Í Í 6ROHQRLG YDOYH 3:0 : 6KRUW FLUFXLW %UR
*URXQG GULYH 1RWH 7$5*2 & &/$$6 $&$'(0< 3LQ DVVLJQPHQW 6XVPLF 2SHUDWLQJ PRGH VZLWFK QRW SURYLGHG %UDNH SUHVVXUH FXW RXW QRW SURYLGHG 9J PD[ 6ROHQRLG YDOYH D PRXQWHG RQ WKH K\GURVWDWLF PRWRU 3XOVH VHQVRU RU VKRZQ DV VSHHG VHQVRU
&/$$6 $&$'(0< &RQWHQWV 7$5*2 & $[OH 6WHHULQJ 6WHHULQJ K\GUDXOLFV &RPSRQHQWV 6WHHULQJ RSHUDWLRQ 1HXWUDO 6WHHULQJ 3ULRULW\ ± FK
$[OH 6WHHULQJ 7$5*2 & &/$$6 $&$'(0< 6WHHULQJ K\GUDXOLFV
&/$$6 $&$'(0< &RPSRQHQWV 7$5*2 & D 0 0 0 $[OH 6WHHULQJ 7DQN 6LHYH LQ WDQN 3XPS PD[ O PLQ 3ULRULW\ ± FKDUJH YDOYH 3ULRULW\ YDOYH 3UHVVXUH UHOLHI YDOYH ! EDU &KDUJH YDOYH )LOWHU )LOWHU )RRW EUDNH YDOYH 'DQIRVV 263) VWHHULQJ XQLW 5RWDU\ SODWH YDOYH 6KRFN YDOYHV EDU ZD\ VWHHULQJ PRGH VROHQRLG YDOYH 3UHVVXUH UHOLHI YDOYH EDU 2QH ZD\ YDOYH 5HDU VWHHULQJ UDP )URQW VWHHULQJ UDP :RUNLQJ K\GUDXOLFV FRQWURO YDO
$[OH 6WHHULQJ 6WHHULQJ RSHUDWLRQ 1HXWUDO 7$5*2 & &/$$6 $&$'(0<
&/$$6 $&$'(0< 7$5*2 & $[OH 6WHHULQJ .H\ 2SHUDWLRQ ,Q WKH QHXWUDO SRVLWLRQ WKH SUHVVXUH LV GXPSHG WR WDQN YLD WKH VSULQJ DUHD RI WKH SULRULW\ YDOYH DQG WKH URWDU\ YDOYH DQG WKH VXSSO\ IURP WKH SXPS LV ORFNHG 7KH EXLOG XS RI EDFN SUHVVXUH EXLOGV XS DJDLQVW WKH VSRRO RI WKH SULRULW\ YDOYH DJDLQVW WKH VSULQJ ZKLFK DOORZV WKH RLO IORZ IRU WKH ZRUNLQJ K\GUDXOLFV +\GUDXOLF WDQN 3XPS 3UHVVXUH ILOWHU 3ULRULW\ YDOYH 3UHVVXUH UHOLHI YDOYH 6KRFN YDOY
$[OH 6WHHULQJ .H\ 7$5*2 & &/$$6 $&$'(0< 6WHHULQJ +\GUDXOLF WDQN 3XPS 3UHVVXUH ILOWHU 3ULRULW\ YDOYH 3UHVVXUH UHOLHI YDOYH 6KRFN YDOYH 5RWDU\ YDOYH 6WHHULQJ UDP
&/$$6 $&$'(0< 2SHUDWLRQ 7$5*2 & $[OH 6WHHULQJ %\ WXUQLQJ WKH ZKHHO EDFN SUHVVXUH RQ WKH VSRRO LQ WKH SULRULW\ YDOYH LV PRPHQWDULO\ FRQQHFWHG WRJHWKHU DQG WKH FRQWURO OLQH WR WKH VSULQJ DUHD RI WKH SULRULW\ YDOYH DQG WKH EDFN SUHVVXUH VLGH RI WKH URWDU\ YDOYH DUH FRQQHFWHG 7KH VSULQJ LQ WKH SULRULW\ YDOYH DQG WKH FKDQJH LQ SUHVVXUH LQ WKH VWHHULQJ PRYHV WKH VSRRO LQWR RQH SRVLWLRQ ZKLFK GLVWULEXWHV WKH UHTXLUHG RLO WR WKH VWHHULQJ 2YHU SUHVVXUH 6KRXOG WKH SUHVVXUH H[FHHG EDU WKHQ WKH
$[OH 6WHHULQJ 7$5*2 & &/$$6 $&$'(0< 6WHHULQJ XQLW 2 $ ( 6WHHULQJ XQLW 263) $GDSWRU 6WHHULQJ PRGH YDOYH 7KH FRPSRQHQWV 2 $ ( FDQ EH IRXQG RQ WKH IORRU DUHD GLUHFWO\ QH[W WR WKH EUDNH YDOYH NLFNHU SODWH 7KH FRQQHFWLRQ IURP VWHHULQJ WR WKH ZKHHOV LV GRQH E\ WKH VWHHULQJ RUELWDO 7KH K\GUDXOLF OLQHV IRU WKH VWHHULQJ LV GRQH YLD WKH DGDSWRU 7KH VWHHULQJ YDOYH HQDEOHV WKH GLIIHUHQW VWHHULQJ PRGHV
&/$$6 $&$'(0< 7$5*2 & $[OH 6WHHULQJ $GDSWRU FRQQHFWLRQ C2 C1 C4 P T & & & 3 7 6WHHULQJ UDP UHDU D[OH 6WHHULQJ UDP UHDU D[OH 6WHHULQJ UDP IURQW D[OH 3XPS 7DQN 7KH 3 FRQQHFWLRQ IURP WKH /6 SXPS LV YLD WKH SULRULW\ FKDUJH YDOYH O A C3 E & 2 $ ( 6WHHULQJ UDP IURQW D[OH 6WHHULQJ RUELWDO 263) $GDSWRU 6WHHULQJ PRGH YDOYH
$[OH 6WHHULQJ 7$5*2 & &/$$6 $&$'(0< LS /6 FRQQHFWLRQ 7KH /6 FRQQHFWLRQ LV IURP WKH RUELWURO 263) WR WKH SULRULW\ FKDUJH YDOYH 6WHHULQJ SUHVVXUH PRQLWRULQJ 2SWLRQDO 2LO SUHVVXUH VWHHULQJ VZLWFK EDU 6DXHU PRWRU 6KRXOG WKH V\VWHP SUHVVXUH RI WKH VWHHULQJ GURS EHORZ EDU WKHQ WKH VWHHULQJ RLO SUHVVXUH VZLWFK VHQGV D VLJQDO WR WKH ZDUQLQJ OLJKW LQ WKH FDE
&/$$6 $&$'(0< 7$5*2 & $[OH 6WHHULQJ :DUQLQJ OLJKW :DUQLQJ OLJKW VWHHULQJ SUHVVXUH :DUQLQJ OLJKW EUDNH SUHVVXUH 6KRXOG WKH V\VWHP SUHVVXUH RI WKH VWHHULQJ GURS EHORZ WKH UHTXLUHG DPRXQW WKHQ WKH VWHHULQJ RLO SUHVVXUH VZLWFK / VHQGV D VLJQDO WR WKH ZDUQLQJ OLJKW LQ WKH FDE 6WHHULQJ PHDVXUHPHQW WDEOH 0 3UHVVXUH UHDGLQJV 5HWXUQ EDU 6\VWHP SUHVVXUH EDU 6KRFN YDOYH EDU 127( 6WHHULQJ WHVW SRUW 6WHHULQJ RLO SUHVVXUH VZLWFK EDU RSW
$[OH 6WHHULQJ 7$5*2 & &/$$6 $&$'(0< $[OH 7KH WUDFNLQJ ZLWK WKH IURQW D[OH LV PP 7KH WUDFNLQJ ZLWK WKH UHDU D[OH LV PP $GMXVWPHQW QRWHV RQ WKH EHYHO JHDU VKDIW 2 7KLV QRWH LV QRW DYDLODEOH LQ WKH ZRUNVKRS PDQXDO 1 3 5DQ
&/$$6 $&$'(0< 7$5*2 & 'LUW EXVK 7KUXVW ZDVKHU 1XW $[OH 6WHHULQJ DOZD\V UHQHZ 'HWHUPLQHV WKH SUHWHQVLRQ RI WKH UROOHU EHDULQJV WR WKH FRUUHFW UROOLQJ WRUTXH RI WKH VKDIW 5ROOLQJ WRUTXH RI WKH VKDIW ZLWKRXW WKH FURZQ ZKHHO « 1 5ROOLQJ WRUTXH ZLWK WKH FURZQ ZKHHO DQG DGMXVWHG FRUUHFWO\ « 1 *HDU WRRWK SOD\ « PP 'HWHUPLQLQJ WKH WKUXVW ZDVKHU D B S Y D/2 5DQ 'HWHUPLQH WKH GLPHQVLRQ % ' < 6 'HWHUPLQH WKH WKUXVW ZDVKHU UHTXLUHG 5HDG RII WKH F
&/$$6 $&$'(0< &RQWHQWV 7$5*2 & %UDNHV 6HUYLFH EUDNH .LFNHU SODWH EUDNH YDOYH .LFNHU SODWH EUDNH YDOYH IRU VLQJOH EUDNLQJ V\VWHP 6WUXFWXUH 3ULRULW\ DQG FKDUJH YDOYH %UDNH OLJKW SUH
%UDNHV 6HUYLFH EUDNH .LFNHU SODWH EUDNH YDOYH 7$5*2 . &/$$6 $&$'(0< 7KH EUDNHV DUH K\GUDXOLFDOO\ RSHUDWHG DQG DUH HLWKHU VLQJOH FLUFXLW RU GXDO FLUFXLW 7KH VXSSO\ IRU WKH K\GUDXOLF SUHVVXULVDWLRQ LV IURP WKH SXPS 7KRVH FRPSRQHQWV PDUNHG ZLWK D SRLQW DUH DYDLODEOH LQ WKH UHSDLU NLW
&/$$6 $&$'(0< 7$5*2 & %UDNHV .LFNHU SODWH EUDNH YDOYH IRU VLQJOH EUDNLQJ V\VWHP 3 7 $ .LFNHU SODWH EUDNH YDOYH &RQQHFWLRQ WR SXPS SUHVVXUH &RQQHFWLRQ WR WDQN UHWXUQ &RQQHFWLRQ WR WKH EUDNH UDPV 7KH NLFNHU SODWH EUDNH YDOYH FDQ EH IRXQG LQ WKH IRRW DUHD QH[W WR WKH RUELWDO 7KH SXPS FRQQHFWLRQV 3 DUH FRQQHFWHG YLD WKH SULRULW\ FKDUJH YDOYH IURP WKH SXPS
%UDNHV 7$5*2 .
&/$$6 $&$'(0< 3RV 'HVFULSWLRQ 7$5*2 & %UDNHV &RPPHQWV +\GUDXOLF WDQN D 6XFWLRQ VLHYH ,Q WKH WDQN 3XPS PD[ O PLQ 3ULRULW\ FKDUJH YDOYH 3ULRULW\ YDOYH %UDNHV DQG VWHHULQJ KDYH SULRULW\ WR WKH ZRUNLQJ K\GUDXOLFV 3UHVVXUH UHOLHI YDOYH 2SHQLQJ SUHVVXUH ! EDU &KDUJH YDOYH 6KRXOG WKH SUHVVXUH GURS WR EHORZ EDU WKHQ WKH FKDUJH YDOYH LV DFWLYDWHG DQG FKDUJHV WKH DFFXPXODWRU )LOWHU )LOWHU .LFNHU SODWH EUDNH YDOYH 6LQJOH EUDNLQJ V\VWHP 6WHHULQJ
%UDNHV 7$5*2 . &/$$6 $&$'(0< 6WUXFWXUH 10 3 2 T A 1 3RV 'HVFULSWLRQ 6SULQJ FRQWURO VSRRO &RQWURO VSRRO P &RPPHQWV ,V KHOG E\ LWV VSULQJ LQ WKH QHXWUDO SRVLWLRQ 7KHUHIRUH 7KH SUHVVXUH FRQQHFWLRQ 3 LV FORVHG 7KH FRQQHFWLRQ WR WKH EUDNHV $ DQG WKH WDQN 7 LV MRLQHG :KHQ EUDNLQJ WKH FRQWURO VSRRO LV RSHUDWHG GRZQZDUGV 7KH FRQQHFWLRQ $ LV PDGH WR WKH FRQQHFWLRQ 7 9LD WKH FRQWURO HGJH WKH FRQQHFWLRQ IURP 3 WR $ LV RSHQHG 2Q WKLV FRQWURO HGJH WKH EUDNH SUHVVXUH
&/$$6 $&$'(0< 7$5*2 & %UDNHV 3ULRULW\ DQG FKDUJH YDOYH 62 8005 73 3ULRULW\ DQG FKDUJH YDOYH 2LO SUHVVXUH VWHHULQJ VZLWFK EDU 6DXHU PRWRU :KHQ WKH DFFXPXODWRU LV FKDUJHG WKH DFWXDO FKDUJH SUHVVXUH LV UHJLVWHUHG ZLWK WKH SULRULW\ FKDUJH YDOYH ,I WKH FKDUJH LV VXIILFLHQW WKHQ WKH SULRULW\ FKDUJH YDOYH VZLWFKHV WKH VXSSO\ WR WKH ZRUNLQJ K\GUDXOLFV 7KH PD[ DFFXPXODWRU SUHVVXUH LV DSSUR[ EDU 3% 0 0 6XSSO\ WR WKH NLFNHU SODWH EUDNH YDOYH 2LO SUHVVXUH VWHHULQJ
%UDNHV 7$5*2 . &/$$6 $&$'(0< 3UHVVXUH VZLWFK IRU WKH EUDNH OLJKWV W138 17 8010 : 3UHVVXUH VZLWFK IRU WKH EUDNH OLJKWV .LFNHU SODWH EUDNH YDOYH 7KH RLO SUHVVXUH VZLWFK : DFWLYDWHV WKH EUDNH OLJKWV 7KH VZLWFK LV ILWWHG LQ WKH OLQH WR WKH ZKHHO EUDNH F\OLQGHU 7KH PLQLPXP SUHVVXUH RI UHVSRQVH RI WKH VZLWFK DPRXQWV WR DSSUR[ EDU $FFXPXODWRU 15 8006 $FFXPXODWRU SUH WHQVLRQHG WR EDU 7KH DFFXPXODWRU LV SRVLWLRQHG RQ WKH IURQW OHIW KDQG VLGH RI WKH FKDVVLV :LWK WKH VLQ
&/$$6 $&$'(0< 7$5*2 & %UDNHV 2LO SUHVVXUH VZLWFK 16 2LO SUHVVXUH VZLWFK EDU 6KRXOG WKH FKDUJH SUHVVXUH GURS EHORZ EDU WKHQ WKH RLO SUHVVXUH VZLWFK LV DFWLYDWHG ,Q WKH FDE WKH ZDUQLQJ OLJKW OHIW RQ WKH LQVWUXPHQW XQLW LV LOOXPLQDWHG 7KLV VLJQDOV WKDW WKH DFWXDO FKDUJH SUHVVXUH IRU IXUWKHU EUDNLQJ LV LQVXIILFLHQW
%UDNHV 7$5*2 . 3DUNLQJ EUDNH 6ZLWFK IRU WKH SDUNLQJ EUDNH 8008 &/$$6 $&$'(0< W104 : 3DUNLQJ EUDNH VZLWFK :KHQ WKH SDUNLQJ EUDNH LV RSHUDWHG WKH VZLWFK : LV DFWLYDWHG ZKRVH VLJQDO LV GLVSOD\HG RQ WKH &/$$6 GLVSOD\ 7KH VLJQDO LV DOVR VHQW WR WKH K\GURVWDWLF PRGXOH 6XVPLF : ZKLFK LQ WXUQ VZDVKHV WKH K\GURVWDWLF SXPS EDFN
&/$$6 $&$'(0< 7$5*2 & %UDNHV $GMXVWLQJ WKH SDUNLQJ EUDNH 2SHUDWLRQ ! $WWDFK WKH %RZGHQ FDEOH WR ERWK OHYHUV RQ WKH IURQW D[OH 1RWH WKDW WKH UHWXUQ VSULQJV RQ WKH OHYHUV VKRXOG EH UHPRYHG ! 2SHUDWH ERWK OHYHUV ZLWK GD1 DQG KROG LQ WKDW SRVLWLRQ ! 0HDVXUH WKH GLVWDQFH EHWZHHQ WKH FHQWUH RI WKH KROHV DW WKH HQG RI WKH OHYHUV DQG FKHFN WKDW WKH\ IDOO ZLWKLQ WKH WROHUDQFH « PP ! 6KRXOG WKLV QRW EH WKH FDVH WKHQ FRUUHFW WKH SRVLWLRQ RI WKH OHYHUV /LIW WKH OHYHUV IURP WKH VKDIW DQG UHILW
%UDNHV 7$5*2 . &/$$6 $&$'(0< $GMXVWLQJ WKH %RZGHQ FDEOH Z 8012 294 - 296mm 'LDJUDP IURQW D[OH IURP WKH IURQW ! $WWDFK WKH %RZGHQ FDEOH WR WKH OHYHU = ! 'R QRW RSHUDWH WKH OHYHU = ! 0HDVXUH WKH GLVWDQFH EHWZHHQ WKH FHQWUH RI WKH KROHV DW WKH HQG RI WKH OHYHUV DQG FKHFN WKDW WKH\ IDOO ZLWKLQ WKH WROHUDQFH « PP F ! $WWDFK WKH %RZGHQ FDEOH ! $SSO\ WKH SDUNLQJ EUDNH ) XQWLO WKH UDWFKHW KDV JRQH RQ WKH IRUWK QRWFK FOLFNV ! 7DNH D PHDVXUHPHQW RQ WKH IURQW D[OH VHH QH[W GLDJUD
&/$$6 $&$'(0< 7$5*2 & %UDNHV 280 - 282mm ! 0HDVXUH WKH GLVWDQFH EHWZHHQ WKH FHQWUH RI WKH KROHV DW WKH HQG RI WKH OHYHUV DQG FKHFN WKDW WKH\ IDOO ZLWKLQ WKH WROHUDQFH « PP ! 6KRXOG WKLV QRW EH WKH FDVH VR WKH PHDVXUHPHQW SRVVLELOLWLHV RYHU WKH DGMXVWPHQW SRVVLELOLWLHV ' QHHG WR EH FDUULHG RXW 8015 ! %ORFN XS WKH IURQW D[OH ! 6ODFNHQ RII WKH SDUNLQJ EUDNH ! 7KH IURQW ZKHHOV PXVW EH FDSDEOH RI EHLQJ WXUQHG E\ KDQG VHH GLDJUDP
%UDNHV 7$5*2 . 8017 &/$$6 $&$'(0< 292 - 294mm ! SDUNLQJ EUDNH KDV EHHQ UHOHDVHG ! 0HDVXUH WKH GLVWDQFH EHWZHHQ WKH FHQWUH RI WKH KROHV DW WKH HQG RI WKH OHYHUV DQG FKHFN WKDW WKH\ IDOO ZLWKLQ WKH WROHUDQFH « PP A 8016 B :LWK WKH SDUNLQJ EUDNH UHOHDVHG DQG D PHDVXUHPHQW RI « PP WKHQ WKH IROORZLQJ FKHFNV QHHG WR EH FDUULHG RXW %HWZHHQ WKH OHYHU $ DQG WKH OLPLW VWRS % WKHUH VKRXOG EH VRPH IUHH DLU 7KH IUHH DLU VKRXOG EH RQ WKH OHIW DQG WKH ULJKW KDQG VLGH
&/$$6 $&$'(0< 7$5*2 & %UDNHV )URQW D[OH EUDNHV %UDNH GLVFV 3RV 1 'HVFULSWLRQ *HDU %UDNH GLVF *XLGH SLQ %UDNH UDP $GMXVWHU 2XWHU GLVFV &RPPHQWV 6SOLQHG WR WKH LQQHU VKDIW %UDNH GLVFV DUH VSOLQHG WR WKH LQQHU VKDIW %ULQJV WKH EUDNH UDP LQWR SRVLWLRQ %UDNH UDP LV RSHUDWHG E\ WKH NLFNHU SODWH EUDNH YDOYH $XWRPDWLFDOO\ DGMXVWV WKH EUDNH UDP 6SOLQHG WR WKH KXE :KHQ WKH EUDNHV DUH DSSOLHG WKH SUHVVXUH IRUFHV WKH EUDNH UDP WKH RXWHU GLVFV DQG WKH EUDNH GLVFV WRJHWKHU
&/$$6 $&$'(0< &RQWHQWV 7$5*2 & :RUNLQJ K\GUDXOLFV +\GUDXOLF V\VWHP +\GUDXOLF FLUFXLW GLDJUDP :RUNLQJ K\GUDXOLFV 3XPS 3ULRULW\ DQG FKDUJH YDOYH &LUFXLW GLDJUDP
:RUNLQJ K\GUDXOLFV +\GUDXOLF V\VWHP +\GUDXOLF FLUFXLW GLDJUDP 7$5*2 & &/$$6 $&$'(0<
&/$$6 $&$'(0< 3RV 'HVFULSWLRQ 7$5*2 & :RUNLQJ K\GUDXOLFV &RPPHQWV +\GUDXOLF WDQN D 6XFWLRQ VLHYH ,Q WKH WDQN 3XPS 0D[ O PLQ VXSSO\ WR PDLQ FLUFXLW 3XPS 0D[ O PLQ VXSSO\ WR QH[W FLUFXLW +\GUDXOLF WDQN DGGLWLRQDO 7DQN EUHDWKHU 2QH ZD\ YDOYH 2SHQLQJ SUHVVXUH EDU WKH YDOYH VLWV LQ WKH OHDNDJH FLUFXLW 0RWRU EUHDWKHU P GULYHV WKH IDQ D 3UHVVXUH UHOLHI YDOYH 2SHQLQJ SUHVVXUH EDU +\GUDXOLF ILOWHU 3UHVVXUH ILOWHU ZLWK EDU E\ SDVV 3ULRULW
:RUNLQJ K\GUDXOLFV 7$5*2 & 3RV 'HVFULSWLRQ &RPPHQWV 6WHHULQJ XQLW 'DQIRVV 263) 5RWDU\ YDOYH ZD\ YDOYH 6KRFN YDOYHV EDU ZD\ YDOYH 5HTXLUHG IRU VWHHULQJ PRGHV 6WHHULQJ 359 2SHQV DW EDU 2QH ZD\ YDOYH )LWWHG WR WKH 3 OLQH RI WKH VWHHULQJ 6WHHULQJ UDP 5HDU D[OH 6WHHULQJ UDP )URQW D[OH &RQWURO XQLW ZRUNLQJ K\GUDXOLFV %DVH SODWH ZLWK 359 2SHQV DW EDU ZD\ YDOYH %RRP UDLVH DQG ORZHU ZD\ YDOYH )URQW DWWDF
&/$$6 $&$'(0< 3RV 'HVFULSWLRQ 7$5*2 & :RUNLQJ K\GUDXOLFV &RPPHQWV )URQW TXLFN UHOHDVH FRXSOLQJ 'LVWULEXWLRQ EORFN 1RW XVHG 5HDU TXLFN UHOHDVH FRXSOLQJ 7LSSLQJ WKH WUDLOHU +LWFK 2SWLRQDO ZD\ YDOYH 0DQXDOO\ RSHUDWHG FRQWUROV WKH 3 OLQH IURP WKH FRQWURO XQLW WR WKH WDQN ZD\ YDOYH 7KH YDOYH FRQWUROV WKH SUHVVXUH WR WKH WUDLOHU EUDNHV K\GUDXOLF EUDNHV 4XLFN UHOHDVH FRXSOLQJ +\GUDXOLF WUDLOHU EUDNLQJ )URQW TXLFN UHOHDVH FRXSOLQJ 1RW XVHG
:RUNLQJ K\GUDXOLFV 3RV 'HVFULSWLRQ 7$5*2 & &/$$6 $&$'(0< &RPPHQWV $GMXVWLQJ XQLW IURP PRWRU 3XUJH YDOYH 3XUJH SUHVVXUH UHOLHI YDOYH 7UDYHO GLUHFWLRQDO YDOYH &RQVWDQW SUHVVXUH UHJXODWRU 2LO FRROHU &RROV WKH FLUFXLW PRWRU DQG K\GURVWDWLF 0 7HVW SRUW +LJK SUHVVXUH EDU 5HYHUVH 0 7HVW SRUW +LJK SUHVVXUH EDU )RUZDUGV 0 D 7HVW SRUW &KDUJH SUHVVXUH 0 7HVW SRUW 3RVLWLRQ SUHVVXUH UDP VLGH 7KH SRVLWLRQ SUHVVXUH ZRUNV RQ WKH FRQWURO XQLW
&/$$6 $&$'(0< 7$5*2 & :RUNLQJ K\GUDXOLFV 3XPS :RUNLQJ K\GUDXOLFV 2 3XPS O PLQ 7KH SXPS LV D FRQVWDQW SXPS WKDW VXSSOLHV WKH VWHHULQJ EUDNHV DQG WKH ZRUNLQJ K\GUDXOLFV
:RUNLQJ K\GUDXOLFV 7$5*2 & 3ULRULW\ DQG FKDUJH YDOYH 0 7 /6 3% 3/ 0 3 () &/$$6 $&$'(0< 7HVW SRUW ZRUNLQJ SUHVVXUH PD[ EDU 7DQN FRQQHFWLRQ /RDG VHQVLQJ IURP WKH 2UELWURO 6XSSO\ WR WKH NLFNHU SODWH EUDNH YDOYH 6WHHULQJ RLO SUHVVXUH VZLWFK EDU 6XSSO\ WR WKH 2UELWURO 263) &KDUJH SUHVVXUH DFFXPXODWRU WHVW SRUW 6XSSO\ IURP WKH SXPS PD[ O PLQ 6XSSO\ WR WKH FRQWURO XQLW ZRUNLQJ K\GUDXOLFV
&/$$6 $&$'(0< 7$5*2 & :RUNLQJ K\GUDXOLFV 1RWHV
:RUNLQJ K\GUDXOLFV 7$5*2 & &/$$6 $&$'(0< &LUFXLW GLDJUDP
&/$$6 $&$'(0< 3RV 7$5*2 & :RUNLQJ K\GUDXOLFV 'HVFULSWLRQ &RPPHQWV 3XPS 0D[ O PLQ VXSSO\ WR PDLQ FLUFXLW 3ULRULW\ DQG FKDUJH YDOYH 3ULRULW\ YDOYH %UDNHV DQG VWHHULQJ KDYH SULRULW\ WR WKH ZRUNLQJ K\GUDXOLFV 3UHVVXUH UHOLHI YDOYH 2SHQLQJ SUHVVXUH EDU &KDUJH YDOYH 6KRXOG WKH FKDUJH SUHVVXUH GURS EHORZ EDU WKHQ WKH FKDUJH YDOYH UHFKDUJHV WKH DFFXPXODWRU )LOWHU )LOWHU $FFXPXODWRU 3UH WHQVLRQHG WR EDU 2LO SUHVVXUH VZLWFK 6KRXOG WKH SUHVVXUH GURS
:RUNLQJ K\GUDXOLFV 7$5*2 & &/$$6 $&$'(0<
&/$$6 $&$'(0< )XQFWLRQ GHVFULSWLRQ 7$5*2 & &KDUJH WKH DFFXPXODWRU DQG WKH VWHHULQJ LQ WKH QHXWUDO SRVLWLRQ :RUNLQJ K\GUDXOLFV 6WDUW WKH HQJLQH DQG WKH SXPS VWDUWV WR RSHUDWH 3ULRULW\ YDOYH LV LQ WKH GUDZQ SRVLWLRQ 7KH RLO IORZV WR 3 DQG 3 $FFXPXODWRU LV FKDUJHG 7KH FKDUJH YDOYH VWD\V LQ WKLV SRVLWLRQ FKDUJHG WKHUH LV QR FRQWURO VLJQDO IURP WKH RUELWURO WR WDQN SRVLWLRQ FORVHG 7KH FKDUJH SUHVVXUH JRHV YLD WKH UHVWULFWRU 2 WR WKH
:RUNLQJ K\GUDXOLFV 7$5*2 & &/$$6 $&$'(0< $FFXPXODWRU IXOO DQG VWHHULQJ 'XH WR WKH DGGLWLRQDO RLO TXDQWLW\ WR WKH 2UELWURO WKH SULRULW\ YDOYH JRHV LQ WKH GUDZQ SRVLWLRQ 7KH FKDUJH YDOYH JRHV LQWR WKH RSHQ SRVLWLRQ VR WKDW / DQG / DUH FRQQHFWHG %\ RSHUDWLQJ WKH VWHHULQJ WKH 2UELWURO VHQG WKH SUHVVXUH YLD WKH FKDUJH YDOYH WR WKH ULJKW KDQG VLGH RI WKH YDOYH 7KLV SUHVVXUH LV SURWHFWHG E\ WKH SUHVVXUH UHOLHI YDOYH 7KH SUHVVXUH UHOLHI YDOYH ! EDU VK
&/$$6 $&$'(0< 7$5*2 & :RUNLQJ K\GUDXOLFV :RUNLQJ K\GUDXOLFV FRQWURO XQLWV 40 38 34 35 39 37 33 IN 9007 OUT D 36 3RV 'HVFULSWLRQ &RPPHQWV %DVH SODWH ZLWK 359 ZD\ YDOYH %RRP UDLVH DQG ORZHU ZD\ YDOYH )URQW DWWDFKPHQW WLOW 6KRFN YDOYH IRU WLOW 7LOW IRUZDUG EDU DQG EDFN EDU ZD\ YDOYH %RRP H[WHQVLRQ UHWUDFWLRQ ZD\ YDOYH +\GUDXOLF DGGLWLRQDO IXQFWLRQV IURQW DQG UHDU TXLFN FRXSOLQJ RU KLWFK ZD\ YDOYH $GGLWLRQDO XQLWV (QG
:RUNLQJ K\GUDXOLFV 7$5*2 & &/$$6 $&$'(0< %DVH SODWH D P T 9004 ' 3 7 3UHVVXUH UHOLHI YDOYH VHW WR EDU 3 FRQQHFWLRQ IURP WKH SULRULW\ DQG WKH FKDUJH YDOYH VXSSO\ 7DQN FRQQHFWLRQ 7KH SXPS SXPSV RLO YLD WKH SULRULW\ YDOYH DQG WKH FKDUJH YDOYH WR WKH FRQQHFWLRQ 3 EDVH SODWH 6KRXOG WKH SUHVVXUH LQFUHDVH WR DERYH EDU WKHQ WKH SUHVVXUH UHOLHI YDOYH RSHQV DQG GXPSV WKH RLO WR WDQN
&/$$6 $&$'(0< 7$5*2 & :RUNLQJ K\GUDXOLFV &RQWURO XQLW V 36 36 9005 B1 B2 3RV 'HVFULSWLRQ &RPPHQWV 6KRFN YDOYH FRQWURO 7LOW IRUZDUG EDU DQG EDFN EDU XQLW RQO\ 9 9DOYH 8QGHU WKH YDOYH LV D KROH WKDW FRQQHFWV WKH 3 FRQQHFWLRQ % 'ULOOLQJ +DV DQ LQWHUQDO FRQQHFWLRQ WR WKH 3 &RQQHFWLRQ % 'ULOOLQJ ,V FRQQHFWHG WR WKH WDQN 7KH FRQWURO XQLWV WR DUH LGHQWLFDO 7KH FRQWURO XQLW LV ILWWHG ZLWK D VKRFN YDOYH $GGLWLRQDOO\ ERWK FRQWURO YDOYHV FDQ EH RSHUDWHG LQ
:RUNLQJ K\GUDXOLFV 7$5*2 & &/$$6 $&$'(0< 6SRRO RSHUDWHG V F 9006 B1 B2 3RV 'HVFULSWLRQ &RPPHQWV 9 9DOYH 8QGHU WKH YDOYH LV D KROH WKDW FRQQHFWV WKH 3 FRQQHFWLRQ % 'ULOOLQJ +DV DQ LQWHUQDO FRQQHFWLRQ WR WKH 3 FRQQHFWLRQ % 'ULOOLQJ ,V FRQQHFWHG WR WKH WDQN ) 2SHUDWHG WR WKH ULJKW 2SHUDWLQJ IRUFH 'XH WR WKH PRYHPHQW RI WKH VSRRO WKH FRQQHFWLRQ EHWZHHQ % DQG % LV EURNHQ 7KH SUHVVXUH LQFUHDVHV DQG SXVKHV WKH YDOYH 9 XSZDUGV 7KH RLO LV GLVWULEXWHG WR WKH OHIW DQG WR WK
&/$$6 $&$'(0< 7$5*2 & :RUNLQJ K\GUDXOLFV 6SRRO RSHUDWHG V F 9007 B2 B1 3RV 'HVFULSWLRQ &RPPHQWV 9 9DOYH 8QGHU WKH YDOYH LV D KROH WKDW FRQQHFWV WKH 3 FRQQHFWLRQ % 'ULOOLQJ +DV DQ LQWHUQDO FRQQHFWLRQ WR WKH 3 FRQQHFWLRQ % 'ULOOLQJ ,V FRQQHFWHG WR WKH WDQN ) 2SHUDWHG WR WKH OHIW 2SHUDWLQJ IRUFH 'XH WR WKH PRYHPHQW RI WKH VSRRO WKH FRQQHFWLRQ EHWZHHQ % DQG % LV EURNHQ 7KH SUHVVXUH LQFUHDVHV DQG SXVKHV WKH YDOYH 9 XSZDUGV 7KH RLO LV GLVWULEXWHG WR WKH OHIW DQG WR W
:RUNLQJ K\GUDXOLFV 7$5*2 & &/$$6 $&$'(0< &KDQJH RYHU YDOYH $ $ % % & &KDQJH RYHU YDOYH IURQW DQG UHDU TXLFN UHOHDVH FRXSOLQJV )URP FRQWURO XQLW )URP FRQWURO XQLW )URQW TXLFN UHOHDVH FRXSOLQJ )URQW TXLFN UHOHDVH FRXSOLQJ 5HDU TXLFN UHOHDVH FRXSOLQJ DQG KLWFK 7KH FKDQJH RYHU YDOYH LV RSHUDWHG YLD D ´&KDQJH RYHU´ URFNHU VZLWFK DQG VZLWFKHV EHWZHHQ WKH IURQW TXLFN UHOHDVH FRXSOLQJV RU WKH UHDU TXLFN UHOHDVH FRXSOLQJV DQG WKH KLWFK
&/$$6 $&$'(0< 7$5*2 & :RUNLQJ K\GUDXOLFV :RUNLQJ SUHVVXUH WHVW SRUW 2Q SULRULW\ DQG FKDUJH YDOYH 0 7 /6 3% 3/ 0 3 () 0HDVXUHPHQWV :RUNLQJ SUHVVXUH WHVW SRUW PD[ EDU 7DQN FRQQHFWLRQ /6 FRQQHFWLRQ IURP WKH 2UELWURO 6XSSO\ IURP WKH NLFNHU SODWH EUDNH YDOYH 6WHHULQJ RLO SUHVVXUH VZLWFK EDU 6XSSO\ WR 2UELWRO 263) &KDUJH SUHVVXUH WHVW SRUW DFFXPXODWRU 6XSSO\ IURP WKH SXPS PD[ O PLQ 6XSSO\ WR WKH FRQWURO XQLWV ZRUNLQJ K\GUDXOLFV $SSO\ WKH SDUNLQJ E
:RUNLQJ K\GUDXOLFV 7$5*2 & &/$$6 $&$'(0< 2Q WKH FRQWURO XQLW WR PDFKLQH QXPEHU 32 0 0HDVXUHPHQWV M8 40 &RQWURO XQLW ZRUNLQJ K\GUDXOLFV (QG SODWH 7HVW FRQQHFWLRQ WR PDFKLQH QXPEHU $SSO\ WKH SDUNLQJ EUDNH :DUP WKH V\VWHP XS WR WKH RSHUDWLQJ WHPSHUDWXUH RI & &RQQHFW D WHVW JDXJH WR WKH 0 WHVW SRUW 0RYH WKH GULYH OHYHU WR WKH QHXWUDO SRVLWLRQ 6HW WKH HQJLQH VSHHG WR PD[LPXP QR ORDG 2SHUDWH D K\GUDXOLF IXQFWLRQ H J ERRP UHWUDFWLRQ 7KH SUHVVXUH VKRXOG UHDFK EDU
&/$$6 $&$'(0< &RQWHQWV 7$5*2 & (OHFWULFV 7$5*2 & /HJHQGV &LUFXLW OHJHQGV )XVH OHJHQGV 5HOD\ OHJHQGV
(OHFWULFV 7$5*2 & &/$$6 $&$'(0< &LUFXLW GLDJUDP 7$5*2 &
7$5*2 & (OHFWULFV 52 &/$$6 $&$'(0<
(OHFWULFV 7$5*2 & &/$$6 $&$'(0< 1RWHV
&/$$6 $&$'(0< /HJHQGV &LUFXLW OHJHQGV 7$5*2 & (OHFWULFV 3RV 'HVFULSWLRQ : %DWWHU\ : /LJKW VZLWFK : )URQW ULJKW VLGH OLJKW : 5HDU ULJKW VLGH OLJKW : ,QVWUXPHQW LOOXPLQDWLRQ /LJKWLQJ VZLWFK OHIW KDQG LQVWUXPHQW FRQVROH DQG &/$$6 GLVSOD\ : 3LQ 5 SLQ FRQQHFWRU 7UDLOHU RSWLRQDO : 3LQ 5 SLQ FRQQHFWRU 2Q ERRP RSWLRQDO : /LJKW VZLWFK 6ZLWFK PRXQWHG RQ WKH VLGH &RQVROH : )URQW OHIW VLGH OLJKW : 5HDU OHIW VLGH OLJKW : 3LQ / SLQ FRQQHF
(OHFWULFV 7$5*2 & &/$$6 $&$'(0< 3RV 'HVFULSWLRQ &RPPHQWV : )RJ OLJKW : )RJ OLJKW VZLWFK : &RQWURO OLJKW IURQW ZRUNLQJ OLJKWV : 6ZLWFK ZRUNLQJ OLJKWV : 1RW XVHG : )URQW ZRUNLQJ OLJKWV : )URQW ZRUNLQJ OLJKWV : &RQWURO OLJKW UHDU ZRUNLQJ OLJKWV &/$$6 GLVSOD\ : 6ZLWFK UHDU ZRUNLQJ OLJKWV 6ZLWFK LQ LQVWUXPHQW FRQVROH OKV : 1RW XVHG : 5HDU ZRUNLQJ OLJKWV : 5HDU ZRUNLQJ OLJKWV : 6LGH ZRUNLQJ OLJKWV : 6ZLWFK VLGH ZRUNLQJ OLJKWV
&/$$6 $&$'(0< 7$5*2 & (OHFWULFV 3RV 'HVFULSWLRQ &RPPHQWV : &RQWURO OLJKW WUDLOHU LQGLFDWRUV &/$$6 GLVSOD\ : 6ZLWFK LQGLFDWRUV ,QWHJUDWHG LQ WKH PXOWLIXQFWLRQ VZLWFK : &RQWURO OLJKW 5+6 LQGLFDWRU &/$$6 GLVSOD\ : 3LQ 5 SLQ FRQQHFWRU )LWWHG WR WKH ERRP RSWLRQDO : 3LQ 5 SLQ FRQQHFWRU WUDLOHU RSWLRQDO : 5+6 LQGLFDWRU UHDU : 5+6 LQGLFDWRU IURQW : /+6 ,QGLFDWRU IURQW : /+6 ,QGLFDWRU UHDU : 3LQ / SLQ FRQQHFWRU WUDLOHU RSWLRQ : 3LQ
(OHFWULFV 7$5*2 & &/$$6 $&$'(0< 3RV 'HVFULSWLRQ &RPPHQWV : 1RW XVHG : &DE IDQ PRWRU VSHHGV : 6ZLWFK FDE IDQ ,Q VLGH FRQVROH : UHVLVWDQFH FDE IDQ PRWRU UHVLVWHU LQ FDE IDQ PRWRU : 1RW XVHG : 6ZLWFK DLU FRQGLWLRQLQJ ,Q VLGH FRQVROH : 7KHUPRVWDW DLU FRQGLWLRQLQJ 7KHUPRVWDW QHDU FRQGHQVHU : 3UHVVXUH VDIHW\ VZLWFK 7ULQDU\ 0RQLWRUV SUHVVXUH LQ WKH KLJK SUHVVXUH FLUFXLW : &RPSUHVVRU DLU FRQGLWLRQLQJ : 1RW XVHG : 1RW XVHG : $[LDO IDQ FR
&/$$6 $&$'(0< 3RV 7$5*2 & (OHFWULFV 'HVFULSWLRQ &RPPHQWV : 6ROHQRLG YDOYH UHYHUVH 3RVLWLRQ K\GUDXOLF SXPS : 6ROHQRLG YDOYH IRUZDUG 3RVLWLRQ K\GUDXOLF SXPS : 6SHHG VHQVRU 3RVLWLRQ IO\ZKHHO GLHVHO PRWRU : 'LDJQRVWLF FRQQHFWRU +\GURVWDW PRGXOH 6XVPLF : 5HYHUVLQJ OLJKW : 5HYHUVLQJ KRUQ : 1RW XVHG : %RRP H[WHQG UHWUDFW FRQWURO : 1RW XVHG : 6ZLWFK IRU IURQW UHDU RU KLWFK FRXSOLQJV -R\VWLFN : 6ZLWFK K\GUDXOLF DWWDFKPHQWV -R\VWLF
(OHFWULFV 3RV 7$5*2 & &/$$6 $&$'(0< 'HVFULSWLRQ &RPPHQWV : 6ROHQRLG YDOYH VWHHULQJ PRGH UHDU D[OH )LWWHG QHDU RUELWDO : :KHHO SRVLWLRQ GLVSOD\ IURQW D[OH :KHHOV VWUDLJKW OLJKW RQ : :KHHO SRVLWLRQ VHQVRU IURQW D[OH )LWWHG WR VWHHULQJ D[OH : :KHHO SRVLWLRQ GLVSOD\ UHDU D[OH :KHHOV VWUDLJKW OLJKW RQ : 6WHHULQJ SRVLWLRQ VHQVRU )LWWHG WR VWHHULQJ UDP : 2LO SUHVVXUH VZLWFK EUDNH OLJKWV )LWWHG LQ WKH EUDNH UDP OLQH IURQW D[OH : %UDNH OLJKWV ULJKW :
&/$$6 $&$'(0< 3RV 7$5*2 & 'HVFULSWLRQ (OHFWULFV &RPPHQWV : 1RW XVHG : &RQWURO OLJKW K\GUDXOLF ILOWHU &/$$6 GLVSOD\ : 6ZLWFK K\GUDXOLF ILOWHU )LWWHG WR K\GUDXOLF ILOWHU : &RQWURO OLJKW JHDUER[ WHPS &/$$6 GLVSOD\ : 6ZLWFK JHDUER[ WHPS 6FUHZHG LQWR JHDUER[ : 'LVSOD\ VSHHG NP K &/$$6 GLVSOD\ : 6LJQDO IURP DOWHUQDWRU VSHHG GLVSOD\ )LWWHG WR : DOWHUQDWRU : : 1RW XVHG : 6ROHQRLG HQJLQH 3RVLWLRQHG QHDU WKH IXHO SXPS : )XHO DGMXVWP
(OHFWULFV 7$5*2 & /HJHQG IXVHV 3RV &/$$6 $&$'(0< )XVH &RPPHQWV ) )URQW DQG UHDU ZLQGVFUHHQ ZLSHU DQG ZDVK $PS ) :RUNLQJ OLJKWV IURQW UHDU VLGH ERRP . ? . LQGLYLGXDOO\ SURWHFWHG $PS ) 5RDG WUDYHO VZLWFK K\GUDXOLF $PS ) ,QGLFDWRUV ? UDGLR . ? . ? . LQGLYLGXDOO\ SURWHFWHG $PS ) &DE IDQ $PS ) 6ROHQRLG YDOYH FRQWURO XQLW $PS ) /RDG LQGLFDWRU ? ORDG VHQVRU ? VWHHULQJ 6ROHQRLG $PS ) )RJ OLJKWV $PS ) 5HDU ZRUNLQJ
&/$$6 $&$'(0< 3RV 7$5*2 & (OHFWULFV )XVH &RPPHQWV ) +HDGOLJKW IODVKHUV $PS ) ,QGLFDWRUV ZDUQLQJ OLJKWV RQ &ODDV GLVSOD\ $PS ) 7KHUPR IXVH UHG SUHVV VZLWFK 3RVLWLRQHG EHKLQG FDE URRI DLU FRQGLWLRQLQJ ( 09 6ROHQRLG YDOYH
(OHFWULFV 7$5*2 & &/$$6 $&$'(0< /HJHQG UHOD\V 3RV 5HOD\ &RPPHQWV . %RRP ZRUN OLJKWV . ,JQLWLRQ . ,QGLFDWRU UHOD\ . 1RW XVHG . )URQW ZRUN OLJKWV . 5HDU ZRUN OLJKWV . 6LGH ZRUN OLJKWV . 0DLQ OLJKWV . $LU FRQGLWLRQLQJ 3RVLWLRQHG RYHU WKH FRQGHQVHU EHKLQG FDE URRI . 6WDUWLQJ UHOD\ 3RVLWLRQHG QHDU WKH EDWWHU\ LVRODWRU VZLWFK . 6WDUWLQJ ORFN FRQWURO OHYHU LQ WKH QHXWUDO SRVLWLRQ 6HSDUDWH QHDU IXVH ER[ . 1RW XVHG .
&/$$6 $&$'(0< &RQWHQWV 7$5*2 & 0DLQWHQDQFH DQG FDUH )URP WKH RSHUDWRU¶V PDQXDO 0DLQWHQDQFH 0$,17(1$1&( 3/$1 $V UHTXLUHG (YHU\ RSHUDWLQJ KRXUV RU GDLO\ (YHU\ KRXUV $IWHU WKH ILUVW RSHUDWLQJ KRXUV $IWHU WKH ILUVW RSHUDWLQJ KRXUV
0DLQWHQDQFH DQG FDUH 7$5*2 & &/$$6 $&$'(0< 0DLQWHQDQFH 0DLQWHQDQFH VHFWLRQ SDJH :DUQLQJ OLJKWV GLVSOD\V FDUU\ RXW UHJDUGOHVV 0DLQWHQDQFH SODQ 0DLQWHQDQFH 6HFWLRQ :DUQLQJ ´OLJKW´ FKHFN V\VWHP RQO\ TXDOLILHG PHFKDQLFV %UDNHV :DUQLQJ OLJKW FOHDQ DLU ILOWHU $LU ILOWHU :DUQLQJ OLJKW \HOORZ &KDQJH WKH K\GUDXOLF ILOWHU +\GUDXOLF V\VWHP 3DJH LQ RSV ERRN $V UHTXLUHG 5HSODFH SULPHU DQG LI QHFHVVDU\ LQQHU DLU ILOWHU $LU ILOWHU 5HSODFH &OHDU 6HFRQGDU\ DQG LI QHFHVVDU\ RXWHU DLU I
&/$$6 $&$'(0< 7$5*2 & 0DLQWHQDQFH DQG FDUH &KHFN WKH RSHUDWLRQ RI WKH SDUNLQJ EUDNH DQG LI QHFHVVDU\ DGMXVW &KHFN %UDNH SHGDO WUDYHO &KHFN WKH RSHUDWLRQ RI WKH EUDNHV ,I WKH WUDYHO RI WKH EUDNH LV WRR VKRUW WKHQ WKH PDFKLQH ZLOO VWRS DEUXSWO\ ,I LWV ORQJ RU WKH EUDNHV DUH QRW UHVSRQVLYH HQRXJK WKHQ KDYH WKHP DGMXVWHG (YHU\ RSHUDWLQJ KRXUV *UHDVH $[OH SLQV *UHDVH SRLQW *UHDVH 0LGGOH D[OH EROWV UHDU D[OH *UHDVH SRLQW *UHDVH 0LGGOH D[OH EROWV UHDU D[OH *UHDVH SRLQW *UHDVH
0DLQWHQDQFH DQG FDUH 7$5*2 & &/$$6 $&$'(0< (YHU\ RSHUDWLQJ KRXUV &KHFN DOO WKH EROWV DQG QXWV DUH WLJKW LQ SDUWLFXODU LQ UHODWLRQ WR WKH GULYH WUDLQ DQG VWHHULQJ &KHFN EHOW WHQVLRQ (QJLQH &KDQJH (QJLQH RLO DQG ILOWHU (QJLQH DQG ILOWHU &KHFN )XHO DQG IXHO ILOWHU )XHO V\VWHP &KDQJH +\GUDXOLF ILOWHU +\GUDXOLF V\VWHP &KHFN ,GOH VSHHG (QJLQH 5HSODFH $LU ILOWHU RXWHU HOHPHQW $LU ILOWHU 5HSODFH &DE ILOWHU FDE &KHFN )XHO ± LQMHFWRUV (QJLQH
&/$$6 $&$'(0< 7$5*2 & 0DLQWHQDQFH DQG FDUH $GGLWLRQDO PDLQWHQDQFH IUHTXHQWO\ HVSHFLDOO\ WKH FOHDQLQJ RI WKH FRROLQJ V\VWHP DQG WKH JUHDVLQJ RI WKH PDFKLQH )RU VWRUDJH V\VWHP
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
&/$$6 .*D$ PE+ +$56(:,1.(/ *HUPDQ\ $FDGHP\ 77 7$5*2 & *% %(9 3ULQWHG LQ *HUPDQ\