Republic Act 3815

8/22/2019 Republic Act 3815

http://slidepdf.com/reader/full/republic-act-3815 1/22

>$&712@

7+(5(9,6('3(1$/&2'(

DVDPHQGHG

$1 $&7 5(9,6,1* 7+(3(1$/&2'($1'27+(53(1$//$:6

3UHOLPLQDU\$UWLFOH²7KLVODZVKDOOEHNQRZQDV7KH5HYLVHG3HQDO&RGH

$57,&/( -XVWLI\LQJ FLUFXPVWDQFHV ² 7KH IROORZLQJ GR QRW LQFXU DQ\

FULPLQDOOLDELOLW\

$Q\RQHZKRDFWVLQGHIHQVHRIKLVSHUVRQRUULJKWVSURYLGHGWKDWWKHIROORZLQJ

FLUFXPVWDQFHVFRQFXU

)LUVW8QODZIXODJJUHVVLRQ6HFRQG5HDVRQDEOHQHFHVVLW\RIWKHPHDQVHPSOR\HGWRSUHYHQWRUUHSHOLW

7KLUG /DFNRIVXIILFLHQWSURYRFDWLRQRQWKHSDUWRIWKHSHUVRQGHIHQGLQJKLPVHOI

$Q\RQHZKRDFWVLQGHIHQVHRIWKHSHUVRQRUULJKWVRIKLVVSRXVHDVFHQGDQWV

GHVFHQGDQWV RU OHJLWLPDWH QDWXUDO RU DGRSWHG EURWKHUVRU VLVWHUVRU RI KLV UHODWLYHV E\DIILQLW\LQWKH VDPH GHJUHHVDQG WKRVHE\ FRQVDQJXLQLW\ ZLWKLQ WKH IRXUWK FLYLOGHJUHH

SURYLGHG WKDW WKH ILUVW DQG VHFRQG UHTXLVLWHV SUHVFULEHG LQ WKH QH[W SUHFHGLQJ

FLUFXPVWDQFHDUHSUHVHQWDQGWKHIXUWKHUUHTXLVLWHLQFDVHWKHSURYRFDWLRQZDVJLYHQE\WKHSHUVRQDWWDFNHGWKDWWKHRQHPDNLQJGHIHQVHKDGQRSDUWWKHUHLQ

$Q\RQHZKRDFWVLQGHIHQVHRIWKHSHUVRQRUULJKWVRIDVWUDQJHUSURYLGHGWKDWWKH ILUVW DQG VHFRQG UHTXLVLWHV PHQWLRQHG LQ WKH ILUVW FLUFXPVWDQFH RI WKLV DUWLFOH DUH

SUHVHQW DQG WKDW WKH SHUVRQ GHIHQGLQJ EH QRW LQGXFHG E\ UHYHQJH UHVHQWPHQW RU RWKHU

HYLOPRWLYH

$Q\SHUVRQZKRLQRUGHUWRDYRLGDQHYLORULQMXU\GRHVDQDFWZKLFKFDXVHV

GDPDJHWRDQRWKHUSURYLGHGWKDWWKHIROORZLQJUHTXLVLWHVDUHSUHVHQW

)LUVW7KDWWKHHYLOVRXJKWWREHDYRLGHGDFWXDOH[LVWV

6HFRQG7KDWWKHLQMXU\IHDUHGEHJUHDWHUWKDQWKDWGRQHWRDYRLGLW

7KLUG 7KDWWKHUHEHQRRWKHUSUDFWLFDODQGOHVVKDUPIXOPHDQVRISUHYHQWLQJLW

$Q\SHUVRQZKRDFWVLQWKHIXOILOOPHQWRIDGXW\RULQWKHODZIXOH[HUFLVHRID

ULJKWRURIILFH

$Q\ SHUVRQZKRDFWVLQREHGLHQFH WRDQRUGHULVVXHGE\D VXSHULRUIRUVRPH

ODZIXOSXUSRVH



$FW1R SDJH

$57,&/(&LUFXPVWDQFHV ZKLFK H[HPSW IURP FULPLQDO OLDELOLW\ ² 7KH

IROORZLQJDUHH[HPSWIURPFULPLQDOOLDELOLW\

$Q LPEHFLOH RU DQ LQVDQH SHUVRQ XQOHVV WKH ODWWHU KDV DFWHG GXULQJ D OXFLG

LQWHUYDO

:KHQ WKH LPEHFLOH RU DQ LQVDQH SHUVRQ KDV FRPPLWWHG DQ DFW ZKLFK WKH ODZ

GHILQHVDVDIHORQ\GHOLWRWKHFRXUWVKDOORUGHUKLVFRQILQHPHQWLQRQHRIWKHKRVSLWDOV

RUDV\OXPVHVWDEOLVKHGIRUSHUVRQVWKXVDIIOLFWHGZKLFKKHVKDOOQRWEHSHUPLWWHGWROHDYHZLWKRXWILUVWREWDLQLQJWKHSHUPLVVLRQRIWKHVDPHFRXUW

$SHUVRQXQGHUQLQH\HDUVRIDJH

$SHUVRQRYHUQLQH\HDUVRIDJHDQGXQGHUILIWHHQXQOHVVKHKDVDFWHGZLWK

GLVFHUQPHQWLQZKLFKFDVHVXFKPLQRUVKDOOEHSURFHHGHGDJDLQVWLQDFFRUGDQFHZLWKWKHSURYLVLRQVRIDUWLFOHRIWKLV&RGH

:KHQ VXFK PLQRU LV DGMXGJHG WR EH FULPLQDOO\ LUUHVSRQVLEOH WKH FRXUW LQ

FRQIRUPLW\ZLWKWKHSURYLVLRQVRI WKLVDQGWKHSUHFHGLQJSDUDJUDSKVKDOOFRPPLWKLPWRWKH FDUH DQG FXVWRG\ RI KLV IDPLO\ ZKR VKDOO EH FKDUJHG ZLWK KLV VXUYHLOODQFH DQG

HGXFDWLRQ RWKHUZLVH KH VKDOO EH FRPPLWWHG WR WKH FDUH RI VRPH LQVWLWXWLRQ RU SHUVRQ

PHQWLRQHGLQVDLGDUWLFOH

$Q\SHUVRQZKRZKLOHSHUIRUPLQJDODZIXODFWZLWKGXHFDUHFDXVHVDQLQMXU\

E\PHUHDFFLGHQWZLWKRXWIDXOWRULQWHQWLRQRIFDXVLQJLW

$Q\SHUVRQZKRDFWVXQGHUWKHFRPSXOVLRQRILUUHVLVWLEOHIRUFH

$Q\SHUVRQZKRDFWVXQGHUWKHLPSXOVHRIDQXQFRQWUROODEOHIHDURIDQHTXDORU

JUHDWHULQMXU\

$Q\ SHUVRQ ZKR IDLOVWR SHUIRUP DQDFW UHTXLUHGE\ODZZKHQ SUHYHQWHGE\VRPHODZIXOLQVXSHUDEOHFDXVH

&+$37(57+5((

&LUFXPVWDQFHVZKLFK0LWLJDWH&ULPLQDO/LDELOLW\

$57,&/( 0LWLJDWLQJ FLUFXPVWDQFHV ² 7KH IROORZLQJ DUH PLWLJDWLQJ

FLUFXPVWDQFHV

7KRVHPHQWLRQHGLQWKHSUHFHGLQJFKDSWHUZKHQDOOWKHUHTXLVLWHVQHFHVVDU\WR MXVWLI\ WKH DFW RU WR H[HPSW IURP FULPLQDO OLDELOLW\ LQ WKH UHVSHFWLYH FDVHV DUH QRW

DWWHQGDQW



$FW1R SDJH

7KDWWKHRIIHQGHULVXQGHUHLJKWHHQ\HDUVRIDJHRURYHUVHYHQW\\HDUV,QWKH

FDVH RI WKH PLQRU KH VKDOO EH SURFHHGHG DJDLQVW LQ DFFRUGDQFH ZLWK WKH SURYLVLRQV RIDUWLFOH

7KDW WKH RIIHQGHU KDG QR LQWHQWLRQ WR FRPPLW VR JUDYH D ZURQJ DV WKDW

FRPPLWWHG

7KDW VXIILFLHQW SURYRFDWLRQ RU WKUHDW RQ WKH SDUW RI WKH RIIHQGHG SDUW\

LPPHGLDWHO\SUHFHGHGWKHDFW

7KDWWKHDFWZDVFRPPLWWHGLQWKHLPPHGLDWHYLQGLFDWLRQRIDJUDYHRIIHQVHWR

WKH RQH FRPPLWWLQJ WKH IHORQ\ GHOLWR KLV VSRXVH DVFHQGDQWV GHVFHQGDQWV OHJLWLPDWHQDWXUDORUDGRSWHGEURWKHUVRUVLVWHUVRUUHODWLYHVE\DIILQLW\ZLWKLQWKHVDPHGHJUHHV

7KDW RI KDYLQJ DFWHG XSRQ DQ LPSXOVH VR SRZHUIXO DV QDWXUDOO\ WR KDYHSURGXFHGSDVVLRQRUREIXVFDWLRQ

7KDWWKHRIIHQGHUKDGYROXQWDULO\VXUUHQGHUHGKLPVHOIWRDSHUVRQLQDXWKRULW\

RUKLVDJHQWVRUWKDWKHKDGYROXQWDULO\FRQIHVVHGKLVJXLOWEHIRUHWKHFRXUWSULRUWRWKHSUHVHQWDWLRQRIWKHHYLGHQFHIRUWKHSURVHFXWLRQ

7KDWWKHRIIHQGHULVGHDIDQGGXPEEOLQGRURWKHUZLVHVXIIHULQJVRPHSK\VLFDOGHIHFW ZKLFK WKXV UHVWULFWV KLV PHDQV RI DFWLRQ GHIHQVH RU FRPPXQLFDWLRQ ZLWK KLV

IHOORZEHLQJV

6XFKLOOQHVVRIWKHRIIHQGHUDVZRXOGGLPLQLVKWKHH[HUFLVHRIWKHZLOOSRZHU

RIWKHRIIHQGHUZLWKRXWKRZHYHUGHSULYLQJKLPRIFRQVFLRXVQHVVRIKLVDFWV

$QG ILQDOO\ DQ\ RWKHU FLUFXPVWDQFH RI D VLPLODU QDWXUH DQG DQDORJRXV WR

WKRVHDERYHPHQWLRQHG

&+$37(5)285

&LUFXPVWDQFHVZKLFK$JJUDYDWH&ULPLQDO/LDELOLW\

$57,&/( $JJUDYDWLQJ FLUFXPVWDQFHV ² 7KH IROORZLQJ DUH DJJUDYDWLQJFLUFXPVWDQFHV

7KDWDGYDQWDJHEHWDNHQE\WKHRIIHQGHURIKLVSXEOLFSRVLWLRQ

7KDW WKH FULPH EH FRPPLWWHG LQ FRQWHPSW RI RU ZLWK LQVXOW WR WKH SXEOLF

DXWKRULWLHV

7KDWWKHDFWEHFRPPLWWHGZLWKLQVXOWRULQGLVUHJDUGRIWKHUHVSHFWGXHWRWKH

RIIHQGHGSDUW\RQDFFRXQWRIKLVUDQNDJHRUVH[RUWKDWLWEHFRPPLWWHGLQWKHGZHOOLQJ

RIWKHRIIHQGHGSDUW\LIWKHODWWHUKDVQRWJLYHQSURYRFDWLRQ



$FW1R SDJH

7KDWWKHDFWEHFRPPLWWHGZLWKDEXVHRIFRQILGHQFHRUREYLRXVXQJUDWHIXOQHVV

7KDW WKH FULPHEH FRPPLWWHG LQWKH SDODFH RI WKH &KLHI ([HFXWLYH RU LQKLV

SUHVHQFHRUZKHUHSXEOLFDXWKRULWLHVDUHHQJDJHGLQWKHGLVFKDUJHRIWKHLUGXWLHVRULQD

SODFHGHGLFDWHGWRUHOLJLRXVZRUVKLS

7KDWWKHFULPHEHFRPPLWWHGLQWKHQLJKWWLPHRULQDQXQLQKDELWHGSODFHRUE\

D EDQG ZKHQHYHU VXFKFLUFXPVWDQFHVPD\IDFLOLWDWHWKHFRPPLVVLRQRIWKHRIIHQVH

:KHQHYHU PRUH WKDQ WKUHH DUPHG PDOHIDFWRUV VKDOO KDYH DFWHG WRJHWKHU LQ WKHFRPPLVVLRQRIDQRIIHQVHLWVKDOOEHGHHPHGWRKDYHEHHQFRPPLWWHGE\DEDQG

7KDW WKH FULPHEH FRPPLWWHG RQWKH RFFDVLRQRI D FRQIODJUDWLRQVKLSZUHFNHDUWKTXDNHHSLGHPLFRURWKHUFDODPLW\RUPLVIRUWXQH

7KDWWKHFULPHEHFRPPLWWHGZLWKWKHDLGRIDUPHGPHQRUSHUVRQVZKRLQVXUHRUDIIRUGLPSXQLW\

7KDWWKHDFFXVHGLVDUHFLGLYLVW

$ UHFLGLYLVW LV RQH ZKRDW WKH WLPH RI KLV WULDO IRU RQH FULPH VKDOO KDYH EHHQ

SUHYLRXVO\ FRQYLFWHG E\ILQDOMXGJPHQW RIDQRWKHU FULPHHPEUDFHGLQWKH VDPH WLWOHRI

WKLV&RGH

7KDWWKHRIIHQGHUKDVEHHQSUHYLRXVO\SXQLVKHGIRUDQRIIHQVHWRZKLFKWKH

ODZDWWDFKHVDQHTXDORUJUHDWHUSHQDOW\RUIRUWZRRUPRUHFULPHVWRZKLFKLWDWWDFKHVDOLJKWHUSHQDOW\

7KDWWKHFULPHEHFRPPLWWHGLQFRQVLGHUDWLRQRIDSULFHUHZDUGRUSURPLVH

7KDWWKHFULPHEHFRPPLWWHGE\PHDQVRILQXQGDWLRQILUHSRLVRQH[SORVLRQ

VWUDQGLQJRIDYHVVHORULQWHQWLRQDOGDPDJHWKHUHWRGHUDLOPHQWRIDORFRPRWLYHRUE\WKH

XVHRIDQ\RWKHUDUWLILFHLQYROYLQJJUHDWZDVWHDQGUXLQ

7KDWWKHDFWEHFRPPLWWHGZLWKHYLGHQWSUHPHGLWDWLRQ

7KDWFUDIWIUDXGRUGLVJXLVHEHHPSOR\HG

7KDW DGYDQWDJH EH WDNHQ RI VXSHULRU VWUHQJWK RU PHDQV EH HPSOR\HG WRZHDNHQWKHGHIHQVH

7KDWWKHDFWEHFRPPLWWHGZLWKWUHDFKHU\DOHYRVLD

7KHUH LV WUHDFKHU\ ZKHQ WKH RIIHQGHU FRPPLWV DQ\ RI WKH FULPHV DJDLQVW WKH

SHUVRQHPSOR\LQJPHDQVPHWKRGVRUIRUPVLQWKHH[HFXWLRQWKHUHRIZKLFKWHQGGLUHFWO\

DQG VSHFLDOO\ WR LQVXUH LWV H[HFXWLRQ ZLWKRXW ULVN WR KLPVHOI DULVLQJ IURP WKH GHIHQVHZKLFKWKHRIIHQGHGSDUW\PLJKWPDNH



$FW1R SDJH

7KDWPHDQVEHHPSOR\HGRUFLUFXPVWDQFHVEURXJKWDERXWZKLFKDGGLJQRPLQ\WRWKHQDWXUDOHIIHFWVRIWKHDFW

7KDWWKHFULPHEHFRPPLWWHGDIWHUDQXQODZIXOHQWU\

7KHUHLVDQXQODZIXOHQWU\ZKHQDQHQWUDQFHLVHIIHFWHGE\DZD\QRWLQWHQGHGIRU

WKHSXUSRVH

7KDW DV D PHDQV WR WKH FRPPLVVLRQ RI D FULPH D ZDOO URRI IORRUGRRU RU

ZLQGRZEHEURNHQ

7KDWWKHFULPHEHFRPPLWWHGZLWKWKHDLGRISHUVRQVXQGHUILIWHHQ\HDUVRIDJH

RU E\ PHDQV RI PRWRU YHKLFOHV PRWRUL]HG ZDWHUFUDIW DLUVKLSV RU RWKHU VLPLODU PHDQV

$VDPHQGHGE\5HS$FW1RDSSURYHG6HSW

7KDW WKH ZURQJ GRQH LQ WKH FRPPLVVLRQ RI WKH FULPH EH GHOLEHUDWHO\DXJPHQWHGE\FDXVLQJRWKHUZURQJQRWQHFHVVDU\IRULWVFRPPLVVLRQ

&+$37(5),9(

$OWHUQDWLYH&LUFXPVWDQFHV

$57,&/(7KHLUFRQFHSW ² $OWHUQDWLYHFLUFXPVWDQFHVDUHWKRVHZKLFKPXVW

EH WDNHQ LQWR FRQVLGHUDWLRQ DV DJJUDYDWLQJ RU PLWLJDWLQJ DFFRUGLQJ WR WKH QDWXUH DQG

HIIHFWV RI WKH FULPH DQG WKH RWKHU FRQGLWLRQV DWWHQGLQJ LWV FRPPLVVLRQ 7KH\ DUH WKHUHODWLRQVKLSLQWR[LFDWLRQDQGWKHGHJUHHRILQVWUXFWLRQDQGHGXFDWLRQRIWKHRIIHQGHU

7KH DOWHUQDWLYH FLUFXPVWDQFH RI UHODWLRQVKLS VKDOO EH WDNHQ LQWR FRQVLGHUDWLRQZKHQ WKH RIIHQGHG SDUW\ LV WKH VSRXVH DVFHQGDQW GHVFHQGDQW OHJLWLPDWH QDWXUDO RU

DGRSWHGEURWKHURUVLVWHURUUHODWLYHE\DIILQLW\LQWKHVDPHGHJUHHVRIWKHRIIHQGHU

7KHLQWR[LFDWLRQRIWKHRIIHQGHUVKDOOEHWDNHQLQWRFRQVLGHUDWLRQDVDPLWLJDWLQJFLUFXPVWDQFHZKHQWKHRIIHQGHUKDVFRPPLWWHGDIHORQ\LQDVWDWHRILQWR[LFDWLRQLIWKH

VDPH LV QRW KDELWXDO RU VXEVHTXHQW WR WKH SODQ WR FRPPLW VDLG IHORQ\ EXW ZKHQ WKH

LQWR[LFDWLRQ LV KDELWXDO RU LQWHQWLRQDO LW VKDOO EH FRQVLGHUHG DV DQ DJJUDYDWLQJFLUFXPVWDQFH

$57,&/(+RZFULPLQDO OLDELOLW\LVWRWDOO\H[WLQJXLVKHG ² &ULPLQDOOLDELOLW\LVWRWDOO\H[WLQJXLVKHG

%\WKHGHDWKRIWKHFRQYLFWDVWRWKHSHUVRQDOSHQDOWLHVDQGDVWRSHFXQLDU\

SHQDOWLHV OLDELOLW\ WKHUHIRU LV H[WLQJXLVKHG RQO\ ZKHQ WKH GHDWK RI WKH RIIHQGHU RFFXUVEHIRUHILQDOMXGJPHQW



$FW1R SDJH

%\VHUYLFHRIWKHVHQWHQFH

%\DPQHVW\ZKLFKFRPSOHWHO\H[WLQJXLVKHVWKHSHQDOW\DQGDOOLWVHIIHFWV %\DEVROXWHSDUGRQ

%\SUHVFULSWLRQRIWKHFULPH

%\SUHVFULSWLRQRIWKHSHQDOW\

%\ WKH PDUULDJH RIWKH RIIHQGHG ZRPDQ DV SURYLGHG LQ $UWLFOH RI WKLV&RGH

2IIHQVHV$JDLQVW'HFHQF\DQG*RRG&XVWRPV

$57,&/( *UDYH VFDQGDO ² 7KH SHQDOWLHV RI DUUHVWR PD\RU DQG SXEOLF

FHQVXUH VKDOO EH LPSRVHG XSRQ DQ\ SHUVRQ ZKR VKDOO RIIHQG DJDLQVW GHFHQF\ RU JRRGFXVWRPVE\DQ\KLJKO\VFDQGDORXVFRQGXFWQRWH[SUHVVO\IDOOLQJZLWKLQDQ\RWKHUDUWLFOH

RIWKLV&RGH

$57,&/( ,PPRUDO GRFWULQHV REVFHQH SXEOLFDWLRQV DQG H[KLELWLRQV DQG

LQGHFHQWVKRZV²7KHSHQDOW\RI SULVLRQ PD\RURUDILQHUDQJLQJIURPVL[WKRXVDQGWRWZHOYHWKRXVDQGSHVRVRUERWKVXFKLPSULVRQPHQWDQGILQHVKDOOEHLPSRVHGXSRQ

7KRVHZKR VKDOOSXEOLFO\ H[SRXQG RU SURFODLPGRFWULQHV RSHQO\ FRQWUDU\WR

SXEOLFPRUDOV

D7KHDXWKRUVRIREVFHQHOLWHUDWXUHSXEOLVKHGZLWKWKHLUNQRZOHGJHLQDQ\

IRUPWKHHGLWRUVSXEOLVKLQJVXFKOLWHUDWXUHDQGWKHRZQHUVRSHUDWRUVRIWKHHVWDEOLVKPHQW

VHOOLQJWKHVDPH

E 7KRVH ZKR LQ WKHDWHUV IDLUV FLQHPDWRJUDSKV RU DQ\ RWKHU SODFH H[KLELW

LQGHFHQW RULPPRUDO SOD\V VFHQHV DFWV RUVKRZV LWEHLQJ XQGHUVWRRGWKDW WKH REVFHQHOLWHUDWXUH RU LQGHFHQW RULPPRUDO SOD\V VFHQHV DFWV RU VKRZV ZKHWKHU OLYH RULQILOP

ZKLFKDUHSUHVFULEHGE\YLUWXHKHUHRIVKDOOLQFOXGHWKRVHZKLFKJORULI\FULPLQDOVRU

FRQGRQHFULPHVVHUYHQRRWKHUSXUSRVHEXWWRVDWLVI\WKHPDUNHWIRUYLROHQFHOXVWRU

SRUQRJUDSK\ RIIHQG DQ\ UDFH RU UHOLJLRQ WHQG WR DEHW WUDIILF LQ DQG XVH RISURKLELWHG GUXJVDQG DUH FRQWUDU\ WRODZ SXEOLFRUGHUPRUDOV DQGJRRGFXVWRPV

HVWDEOLVKHGSROLFLHVODZIXORUGHUVGHFUHHVDQGHGLFWV

7KRVHZKRVKDOOVHOOJLYHDZD\RUH[KLELWILOPVSULQWVHQJUDYLQJVVFXOSWXUHV

RUOLWHUDWXUHZKLFKDUHRIIHQVLYHWRPRUDOV$VDPHQGHGE\3UHVLGHQWLDO'HFUHH1RV

DQG-XO\

$57,&/( 9DJUDQWV DQG SURVWLWXWHV 3HQDOW\ ² 7KH IROORZLQJ DUH

YDJUDQWV

$Q\ SHUVRQ KDYLQJ QR DSSDUHQW PHDQVRIVXEVLVWHQFH ZKR KDV WKH SK\VLFDO

DELOLW\WRZRUNDQGZKRQHJOHFWVWRDSSO\KLPVHOIRUKHUVHOIWRVRPHODZIXOFDOOLQJ



$FW1R SDJH

$Q\SHUVRQIRXQGORLWHULQJDERXWSXEOLFRUVHPLSXEOLFEXLOGLQJVRUSODFHVRU

WUDPSLQJRUZDQGHULQJDERXWWKHFRXQWU\RUWKHVWUHHWVZLWKRXWYLVLEOHPHDQVRIVXSSRUW

$Q\ LGOH RU GLVVROXWH SHUVRQ ZKR ORGJHV LQ KRXVHV RI LOO IDPH UXIILDQV RU

SLPSVDQGWKRVHZKRKDELWXDOO\DVVRFLDWHZLWKSURVWLWXWHV

$Q\SHUVRQZKRQRWEHLQJLQFOXGHGLQWKHSURYLVLRQVRIRWKHUDUWLFOHVRIWKLV

&RGHVKDOOEHIRXQGORLWHULQJLQDQ\LQKDELWHGRUXQLQKDELWHGSODFHEHORQJLQJWRDQRWKHU

ZLWKRXWDQ\ODZIXORUMXVWLILDEOHSXUSRVH

3URVWLWXWHV

)RU WKH SXUSRVHV RI WKLV DUWLFOH ZRPHQ ZKR IRU PRQH\ RU SURILW KDELWXDOO\

LQGXOJHLQVH[XDOLQWHUFRXUVHRUODVFLYLRXVFRQGXFWDUHGHHPHGWREHSURVWLWXWHV

$Q\ SHUVRQ IRXQG JXLOW\ RI DQ\ RI WKH RIIHQVHV FRYHUHG E\WKLV DUWLFOH VKDOOEH

SXQLVKHGE\DUUHVWRPHQRURUDILQHQRWH[FHHGLQJSHVRVDQGLQFDVHRIUHFLGLYLVPE\DUUHVWRPD\RULQLWVPHGLXPSHULRGWR SULVLRQ FRUUHFFLRQDO LQLWVPLQLPXPSHULRGRUD

ILQHUDQJLQJIURPWRSHVRVRUERWKLQWKHGLVFUHWLRQRIWKHFRXUW

$57,&/( $EXVHVDJDLQVWFKDVWLW\²3HQDOWLHV ² 7KHSHQDOWLHVRI SULVLRQ

FRUUHFFLRQDOLQLWVPHGLXPDQGPD[LPXPSHULRGVDQGWHPSRUDU\VSHFLDOGLVTXDOLILFDWLRQVKDOOEHLPSRVHG

8SRQ DQ\ SXEOLF RIILFHU ZKR VKDOO VROLFLW RU PDNH LPPRUDO RU LQGHFHQWDGYDQFHVWRD ZRPDQLQWHUHVWHG LQPDWWHUVSHQGLQJEHIRUH VXFK RIILFHU IRU GHFLVLRQRU

ZLWK UHVSHFW WR ZKLFK KH LV UHTXLUHG WR VXEPLW D UHSRUW WR RU FRQVXOW ZLWK D VXSHULRU

RIILFHU

$Q\ZDUGHQRURWKHUSXEOLFRIILFHUGLUHFWO\FKDUJHGZLWKWKHFDUHDQGFXVWRG\

RI SULVRQHUV RU SHUVRQV XQGHU DUUHVW ZKR VKDOO VROLFLW RU PDNH LPPRUDO RU LQGHFHQW

DGYDQFHVWRDZRPDQXQGHUKLVFXVWRG\

,I WKH SHUVRQ VROLFLWHG EH WKH ZLIH GDXJKWHU VLVWHU RI UHODWLYH ZLWKLQ WKH VDPH

GHJUHH E\DIILQLW\ RIDQ\SHUVRQ LQWKHFXVWRG\ RIVXFKZDUGHQRURIILFHU WKH SHQDOWLHVVKDOOEH SULVLRQFRUUHFFLRQDO LQLWVPLQLPXPDQGPHGLXPSHULRGVDQGWHPSRUDU\VSHFLDO

GLVTXDOLILFDWLRQ



$FW1R SDJH

7,7/((,*+7

&ULPHV$JDLQVW3HUVRQV

&+$37(521(

'HVWUXFWLRQRI/LIH

6(&7,21

3DUULFLGHPXUGHUKRPLFLGH

$57,&/( 3DUULFLGH ² $Q\ SHUVRQ ZKRVKDOO NLOO KLV IDWKHU PRWKHU RU

FKLOGZKHWKHUOHJLWLPDWHRULOOHJLWLPDWHRUDQ\RIKLVDVFHQGDQWVRUGHVFHQGDQWVRUKLV

VSRXVH VKDOO EH JXLOW\ RI SDUULFLGH DQG VKDOO EH SXQLVKHG E\ WKH SHQDOW\ RI UHFOXVLRQ SHUSHWXDWR GHDWK 5HVWRUHGE\6HFWLRQ5HSXEOLF$FW1R

$57,&/( 'HDWK RI SK\VLFDO LQMXULHV LQIOLFWHG XQGHU H[FHSWLRQDOFLUFXPVWDQFHV²$Q\OHJDOO\PDUULHGSHUVRQZKRKDYLQJVXUSULVHGKLVVSRXVHLQWKHDFW

RIFRPPLWWLQJVH[XDOLQWHUFRXUVHZLWKDQRWKHUSHUVRQVKDOONLOODQ\RIWKHPRUERWKRIWKHPLQWKHDFWRU LPPHGLDWHO\WKHUHDIWHURUVKDOOLQIOLFWXSRQWKHPDQ\VHULRXVSK\VLFDO

LQMXU\VKDOOVXIIHUWKHSHQDOW\RIGHVWLHUUR

,I KH VKDOO LQIOLFW XSRQ WKHP SK\VLFDO LQMXULHV RI DQ\ RWKHU NLQG KH VKDOO EH

H[HPSWIURPSXQLVKPHQW

7KHVH UXOHV VKDOO EH DSSOLFDEOH XQGHU WKH VDPH FLUFXPVWDQFHV WR SDUHQWV ZLWK

UHVSHFW WR WKHLU GDXJKWHUV XQGHU HLJKWHHQ \HDUV RI DJH DQG WKHLU VHGXFHU ZKLOH WKHGDXJKWHUVDUHOLYLQJZLWKWKHLUSDUHQWV

$Q\SHUVRQZKRVKDOOSURPRWHRUIDFLOLWDWHSURVWLWXWLRQRIKLVZLIHRUGDXJKWHURUVKDOORWKHUZLVHKDYHFRQVHQWHGWRWKHLQILGHOLW\RIWKHRWKHUVSRXVHVKDOOQRWEHHQWLWOHGWR

WKHEHQHILWVRIWKLVDUWLFOH

$57,&/( 0XUGHU ² $Q\SHUVRQZKRQRWIDOOLQJZLWKLQWKHSURYLVLRQVRI$UWLFOHVKDOONLOODQRWKHUVKDOOEHJXLOW\RIPXUGHUDQGVKDOOEHSXQLVKHGE\ UHFOXVLRQ

SHUSHWXD WR GHDWK LIFRPPLWWHGZLWKDQ\RIWKHIROORZLQJDWWHQGDQWFLUFXPVWDQFHV

:LWK WUHDFKHU\ WDNLQJ DGYDQWDJHRI VXSHULRU VWUHQJWK ZLWK WKH DLG RI DUPHG

PHQ RU HPSOR\LQJ PHDQV WR ZHDNHQ WKH GHIHQVH RU RI PHDQV RU SHUVRQV WR LQVXUH RU

DIIRUGLPSXQLW\

,QFRQVLGHUDWLRQRIDSULFHUHZDUGRUSURPLVH

%\ PHDQV RI LQXQGDWLRQ ILUH SRLVRQ H[SORVLRQ VKLSZUHFN VWUDQGLQJ RI DYHVVHO GHUDLOPHQW RU DVVDXOW XSRQ D UDLOURDG IDOO RI DQ DLUVKLS E\ PHDQV RI PRWRU

YHKLFOHVRUZLWKWKHXVHRIDQ\RWKHUPHDQVLQYROYLQJJUHDWZDVWHDQGUXLQ



$FW1R SDJH

2QRFFDVLRQRIDQ\RIWKHFDODPLWLHVHQXPHUDWHGLQWKHSUHFHGLQJSDUDJUDSK

RURIDQHDUWKTXDNHHUXSWLRQRIDYROFDQRGHVWUXFWLYHF\FORQHHSLGHPLFRURWKHUSXEOLFFDODPLW\

:LWKHYLGHQWSUHPHGLWDWLRQ

:LWK FUXHOW\ E\ GHOLEHUDWHO\ DQG LQKXPDQO\DXJPHQWLQJ WKH VXIIHULQJ RI WKH

YLFWLP RURXWUDJLQJ RUVFRIILQJDW KLV SHUVRQ RUFRUSVH $V DPHQGHG E\5HSXEOLF $FW

1R

$57,&/( +RPLFLGH ² $Q\SHUVRQZKRQRWIDOOLQJZLWKLQWKHSURYLVLRQV

RI DUWLFOH VKDOO NLOO DQRWKHU ZLWKRXW WKH DWWHQGDQFH RI DQ\ RI WKH FLUFXPVWDQFHVHQXPHUDWHG LQ WKH QH[W SUHFHGLQJ DUWLFOH VKDOO EH GHHPHG JXLOW\ RI KRPLFLGH DQG EH

SXQLVKHGE\UHFOXVLRQWHPSRUDO

$57,&/( 3HQDOW\ IRU IUXVWUDWHG SDUULFLGH PXUGHU RU KRPLFLGH ² 7KH

FRXUWV LQ YLHZ RI WKH IDFWV RI WKH FDVH PD\ LPSRVH XSRQ WKH SHUVRQ JXLOW\ RI WKHIUXVWUDWHGFULPHRISDUULFLGHPXUGHURUKRPLFLGHGHILQHGDQGSHQDOL]HGLQWKHSUHFHGLQJ

DUWLFOHV D SHQDOW\ ORZHU E\ RQH GHJUHH WKDQ WKDW ZKLFK VKRXOG EH LPSRVHG XQGHU WKHSURYLVLRQRIDUWLFOH

7KHFRXUWVFRQVLGHULQJWKHIDFWVRIWKHFDVHPD\OLNHZLVHUHGXFHE\RQHGHJUHHWKHSHQDOW\ZKLFKXQGHUDUWLFOHVKRXOGEHLPSRVHGIRUDQDWWHPSWWRFRPPLWDQ\RI

VXFKFULPHV

,QIDQWLFLGHDQGDERUWLRQ

$57,&/( ,QIDQWLFLGH ² 7KHSHQDOW\SURYLGHGIRUSDUULFLGHLQDUWLFOHDQGIRUPXUGHULQDUWLFOHVKDOOEHLPSRVHGXSRQDQ\SHUVRQZKRVKDOONLOODQ\FKLOG

OHVVWKDQWKUHHGD\VRIDJH

,IDQ\FULPHSHQDOL]HGLQWKLVDUWLFOHEHFRPPLWWHGE\WKHPRWKHURIWKHFKLOGIRUWKHSXUSRVHRIFRQFHDOLQJKHUGLVKRQRUVKHVKDOOVXIIHUWKHSHQDOW\RI SULVLRQPD\RULQLWV

PHGLXPDQGPD[LPXPSHULRGVDQGLIVDLGFULPHEHFRPPLWWHGIRUWKHVDPHSXUSRVHE\

WKHPDWHUQDOJUDQGSDUHQWVRUHLWKHURIWKHPWKHSHQDOW\VKDOOEHUHFOXVLRQWHPSRUDO$VDPHQGHGE\6HF5HSXEOLF$FW1R

$57,&/( ,QWHQWLRQDODERUWLRQ ² $Q\ SHUVRQ ZKRVKDOOLQWHQWLRQDOO\FDXVHDQDERUWLRQVKDOOVXIIHU

7KHSHQDOW\RIUHFOXVLRQWHPSRUDOLIKHVKDOOXVHDQ\YLROHQFHXSRQWKHSHUVRQ

RIWKHSUHJQDQWZRPDQ

7KHSHQDOW\RI SULVLRQPD\RULIZLWKRXWXVLQJYLROHQFHKHVKDOODFWZLWKRXW

WKHFRQVHQWRIWKHZRPDQ



$FW1R SDJH

7KHSHQDOW\RI SULVLRQFRUUHFFLRQDO LQLWVPHGLXPDQGPD[LPXPSHULRGVLI

WKHZRPDQVKDOOKDYHFRQVHQWHG

$57,&/( 8QLQWHQWLRQDODERUWLRQ ² 7KHSHQDOW\RI SULVLRQ FRUUHFFLRQDO

LQLWVPLQLPXPDQGPHGLXPSHULRGVKDOOEHLPSRVHGXSRQDQ\SHUVRQZKRVKDOOFDXVHDQ

DERUWLRQE\YLROHQFHEXWXQLQWHQWLRQDOO\

$57,&/( $ERUWLRQSUDFWLFHG E\WKH ZRPDQKHUVHOIRU E\KHUSDUHQWV²

7KH SHQDOW\ RI SULVLRQ FRUUHFFLRQDO LQ LWV PHGLXP DQG PD[LPXP SHULRGV VKDOO EHLPSRVHGXSRQDZRPDQZKRVKDOOSUDFWLFHDERUWLRQXSRQKHUVHOIRUVKDOOFRQVHQWWKDWDQ\

RWKHUSHUVRQVKRXOGGRVR

$Q\ZRPDQZKRVKDOOFRPPLWWKLVRIIHQVHWRFRQFHDOKHUGLVKRQRUVKDOOVXIIHU

WKHSHQDOW\RI SULVLRQ FRUUHFFLRQDO LQLWVPLQLPXPDQGPHGLXPSHULRGV

,I WKLV FULPH EH FRPPLWWHG E\ WKH SDUHQWV RI WKH SUHJQDQW ZRPDQ RU HLWKHU RI

WKHP DQG WKH\ DFW ZLWK WKH FRQVHQW RI VDLG ZRPDQ IRUWKH SXUSRVH RI FRQFHDOLQJ KHUGLVKRQRUWKHRIIHQGHUVKDOOVXIIHUWKHSHQDOW\RI SULVLRQ FRUUHFFLRQDO LQLWVPHGLXPDQG

PD[LPXPSHULRGV

$57,&/($ERUWLRQSUDFWLFHGE\DSK\VLFLDQRUPLGZLIHDQGGLVSHQVLQJRI

DERUWLYHV ² 7KH SHQDOWLHV SURYLGHG LQ DUWLFOH VKDOO EH LPSRVHG LQ LWV PD[LPXPSHULRG UHVSHFWLYHO\ XSRQ DQ\ SK\VLFLDQ RU PLGZLIH ZKR WDNLQJ DGYDQWDJH RI WKHLU

VFLHQWLILFNQRZOHGJHRUVNLOOVKDOOFDXVHDQDERUWLRQRUDVVLVWLQFDXVLQJWKHVDPH

$Q\SKDUPDFLVWZKRZLWKRXWWKHSURSHUSUHVFULSWLRQIURPDSK\VLFLDQVKDOOGLVSHQVHDQ\DERUWLYHVKDOOVXIIHUDUUHVWR PD\RUDQG D ILQH QRW H[FHHGLQJSHVRV

3K\VLFDO,QMXULHV

$57,&/( 0XWLODWLRQ ² 7KHSHQDOW\RIUHFOXVLRQWHPSRUDOWR UHFOXVLRQ

SHUSHWXD VKDOOEHLPSRVHGXSRQDQ\SHUVRQZKRVKDOOLQWHQWLRQDOO\PXWLODWHDQRWKHUE\

GHSULYLQJKLPHLWKHUWRWDOO\RUSDUWLDOO\RUVRPHHVVHQWLDORUJDQIRUUHSURGXFWLRQ

$Q\RWKHULQWHQWLRQDOPXWLODWLRQVKDOOEHSXQLVKHGE\ SULVLRQ PD\RU LQ LWVPHGLXP

DQGPD[LPXPSHULRGV

$57,&/(6HULRXV SK\VLFDOLQMXULHV ² $Q\ SHUVRQ ZKR VKDOOZRXQGEHDW

RUDVVDXOWDQRWKHUVKDOOEHJXLOW\RIWKHFULPHRIVHULRXVSK\VLFDOLQMXULHVDQGVKDOOVXIIHU

7KH SHQDOW\ RI SULVLRQ PD\RU LI LQ FRQVHTXHQFH RI WKH SK\VLFDO LQMXULHV

LQIOLFWHGWKHLQMXUHGSHUVRQVKDOOEHFRPHLQVDQHLPEHFLOHLPSRWHQWRUEOLQG

7KHSHQDOW\RI SULVLRQFRUUHFFLRQDO LQLWVPHGLXPDQGPD[LPXPSHULRGVLILQ

FRQVHTXHQFHRIWKHSK\VLFDOLQMXULHVLQIOLFWHGWKHSHUVRQLQMXUHGVKDOOKDYHORVWWKHXVHRI

VSHHFKRUWKHSRZHUWRKHDURUWRVPHOORUVKDOOKDYHORVWDQH\HDKDQGDIRRWDQDUP



$FW1R SDJH

RUDOHJRUVKDOOKDYHORVWWKHXVHRIDQ\VXFKPHPEHURUVKDOOKDYHEHFRPHLQFDSDFLWDWHG

IRUWKHZRUNLQZKLFKKHZDVWKHUHWRIRUHKDELWXDOO\HQJDJHG

7KHSHQDOW\RI SULVLRQFRUUHFFLRQDO LQLWVPLQLPXPDQGPHGLXPSHULRGVLILQ

FRQVHTXHQFH RI WKH SK\VLFDO LQMXULHV LQIOLFWHG WKH SHUVRQ LQMXUHG VKDOO KDYH EHFRPH

GHIRUPHGRUVKDOOKDYHORVWDQ\RWKHUSDUWRIKLVERG\RUVKDOOKDYHORVWWKHXVHWKHUHRIRUVKDOOKDYHEHHQLOORULQFDSDFLWDWHGIRUWKHSHUIRUPDQFHRIWKHZRUNLQZKLFKKHDV

KDELWXDOO\HQJDJHGIRUDSHULRGRIPRUHWKDQQLQHW\GD\V

7KHSHQDOW\RIDUUHVWRPD\RULQLWVPD[LPXPSHULRGWR SULVLRQFRUUHFFLRQDO LQ

LWV PLQLPXP SHULRG LI WKH SK\VLFDO LQMXULHV LQIOLFWHG VKDOO KDYH FDXVHG WKH LOOQHVV RU

LQFDSDFLW\IRUODERURIWKHLQMXUHGSHUVRQIRUPRUHWKDQWKLUW\GD\V

,IWKHRIIHQVHVKDOOKDYHEHHQFRPPLWWHGDJDLQVWDQ\RIWKHSHUVRQVHQXPHUDWHGLQ

DUWLFOHRUZLWKDWWHQGDQFHRIDQ\RIWKHFLUFXPVWDQFHVPHQWLRQHGLQDUWLFOHWKHFDVH FRYHUHG E\ VXEGLYLVLRQ QXPEHU RI WKLV DUWLFOH VKDOO EH SXQLVKHG E\ UHFOXVLRQ

WHPSRUDOLQLWVPHGLXPDQGPD[LPXPSHULRGVWKHFDVHFRYHUHGE\VXEGLYLVLRQQXPEHUE\ SULVLRQFRUUHFFLRQDO LQLWVPD[LPXPSHULRGWR SULVLRQPD\RULQLWVPLQLPXPSHULRG

WKH FDVH FRYHUHG E\ VXEGLYLVLRQ QXPEHU E\ SULVLRQ FRUUHFFLRQDO LQ LWV PHGLXP DQGPD[LPXPSHULRGVDQGWKHFDVHFRYHUHGE\VXEGLYLVLRQQXPEHUE\ SULVLRQFRUUHFFLRQDO

LQLWVPLQLPXPDQGPHGLXPSHULRGV

7KHSURYLVLRQVRIWKHSUHFHGLQJSDUDJUDSKVKDOOQRWEHDSSOLFDEOHWRDSDUHQWZKR

VKDOOLQIOLFWSK\VLFDOLQMXULHVXSRQKLVFKLOGE\H[FHVVLYHFKDVWLVHPHQW

$57,&/( $GPLQLVWHULQJ LQMXULRXV VXEVWDQFHV RU EHYHUDJHV ² 7 K H

SHQDOWLHV HVWDEOLVKHG E\ WKH QH[W SUHFHGLQJ DUWLFOH VKDOOEH DSSOLFDEOH LQWKH UHVSHFWLYH

FDVHV WR DQ\ SHUVRQ ZKR ZLWKRXW LQWHQW WR NLOO VKDOO LQIOLFW XSRQ DQRWKHU DQ\ VHULRXVSK\VLFDOLQMXU\E\NQRZLQJO\DGPLQLVWHULQJWRKLPDQ\LQMXULRXVVXEVWDQFHRUEHYHUDJHV

RUE\WDNLQJDGYDQWDJHRIKLVZHDNQHVVRIPLQGRUFUHGXOLW\

$57,&/( /HVV VHULRXV SK\VLFDO LQMXULHV ² $Q\ SHUVRQ ZKR VKDOO LQIOLFWXSRQ DQRWKHU SK\VLFDO LQMXULHV QRW GHVFULEHG LQ WKH SUHFHGLQJ DUWLFOHV EXW ZKLFK VKDOO

LQFDSDFLWDWH WKH RIIHQGHG SDUW\IRU ODERUIRUWHQGD\VRUPRUHRU VKDOOUHTXLUHPHGLFDO

DWWHQGDQFHIRUWKHVDPHSHULRGVKDOOEHJXLOW\RIOHVVVHULRXVSK\VLFDOLQMXULHVDQGVKDOOVXIIHUWKHSHQDOW\RIDUUHVWRPD\RU

:KHQHYHUOHVVVHULRXVSK\VLFDOLQMXULHVVKDOOKDYHEHHQLQIOLFWHGZLWKWKHPDQLIHVWLQWHQWWRLQVXOWRURIIHQGWKHLQMXUHGSHUVRQRUXQGHUFLUFXPVWDQFHVDGGLQJLJQRPLQ\WR

WKHRIIHQVHLQDGGLWLRQWRWKHSHQDOW\RI DUUHVWRPD\RU D ILQH QRW H[FHHGLQJSHVRV

VKDOOEHLPSRVHG

$Q\ OHVV VHULRXV SK\VLFDO LQMXULHV LQIOLFWHG XSRQ WKH RIIHQGHUV SDUHQWV

DVFHQGDQWVJXDUGLDQVFXUDWRUVWHDFKHUVRUSHUVRQVRIUDQNRUSHUVRQVLQDXWKRULW\VKDOO

EHSXQLVKHGE\ SULVLRQFRUUHFFLRQDO LQLWVPLQLPXPDQGPHGLXPSHULRGVSURYLGHGWKDW



$FW1R SDJH

LQWKHFDVHRISHUVRQVLQDXWKRULW\WKHGHHGGRHVQRWFRQVWLWXWHWKHFULPHRIDVVDXOWXSRQ

VXFKSHUVRQ

$57,&/( 6OLJKW SK\VLFDOLQMXULHVDQGPDOWUHDWPHQW ² 7KHFULPHRIVOLJKW

SK\VLFDOLQMXULHVVKDOOEHSXQLVKHG

%\DUUHVWR PHQRUZKHQWKHRIIHQGHUKDVLQIOLFWHGSK\VLFDOLQMXULHVZKLFKVKDOO

LQFDSDFLWDWHWKHRIIHQGHGSDUW\IRUODERUIURPRQHWRQLQHGD\VRUVKDOOUHTXLUHPHGLFDO

DWWHQGDQFHGXULQJWKHVDPHSHULRG

%\ DUUHVWR PHQRU RU D ILQH QRW H[FHHGLQJ SHVRV DQG FHQVXUH ZKHQ WKH

RIIHQGHU KDV FDXVHG SK\VLFDO LQMXULHV ZKLFK GR QRW SUHYHQW WKH RIIHQGHG SDUW\ IURPHQJDJLQJLQKLVKDELWXDOZRUNQRUUHTXLUHPHGLFDODVVLVWDQFH

%\DUUHVWRPHQRULQLWVPLQLPXPSHULRGRUDILQHQRWH[FHHGLQJSHVRVZKHQWKHRIIHQGHUVKDOOLOOWUHDWDQRWKHUE\GHHGZLWKRXWFDXVLQJDQ\LQMXU\

7,7/(1,1(

&ULPHV$JDLQVW3HUVRQDO/LEHUW\DQG6HFXULW\

&+$37(521(

&ULPHV$JDLQVW/LEHUW\

6(&7,21

,OOHJDO'HWHQWLRQ

$57,&/( .LGQDSSLQJDQGVHULRXVLOOHJDOGHWHQWLRQ ² $Q\SULYDWH

LQGLYLGXDOZKRVKDOONLGQDSRUGHWDLQDQRWKHURULQDQ\RWKHUPDQQHUGHSULYHKLPRIKLVOLEHUW\VKDOOVXIIHUWKHSHQDOW\RIUHFOXVLRQSHUSHWXDWR GHDWK

,IWKHNLGQDSSLQJRUGHWHQWLRQVKDOOKDYHODVWHGPRUHWKDQWKUHHGD\V

,ILWVKDOOKDYHEHHQFRPPLWWHGVLPXODWLQJSXEOLFDXWKRULW\

,I DQ\ VHULRXV SK\VLFDO LQMXULHV VKDOO KDYH EHHQ LQIOLFWHG XSRQ WKH SHUVRQNLGQDSSHGRUGHWDLQHGRULIWKUHDWVWRNLOOKLPVKDOOKDYHEHHQPDGH

,IWKHSHUVRQNLGQDSSHGRUGHWDLQHGVKDOOEHDPLQRUH[FHSWZKHQWKHDFFXVHGLVDQ\RIWKHSDUHQWVIHPDOHRUDSXEOLFRIILFHU

7KHSHQDOW\VKDOOEHGHDWKZKHUHWKHNLGQDSSLQJRUGHWHQWLRQZDVFRPPLWWHGIRU

WKHSXUSRVHRIH[WRUWLQJUDQVRPIURPWKHYLFWLPRUDQ\RWKHUSHUVRQHYHQLIQRQHRIWKHFLUFXPVWDQFHVDERYHPHQWLRQHGZHUHSUHVHQWLQWKHFRPPLVVLRQRIWKHRIIHQVH



$FW1R SDJH

:KHQWKHYLFWLPLVNLOOHGRUGLHVDVDFRQVHTXHQFHRIWKHGHWHQWLRQRULVUDSHGRU

LVVXEMHFWHGWRWRUWXUHRUGHKXPDQL]LQJDFWVWKHPD[LPXPSHQDOW\VKDOOEHLPSRVHG$VDPHQGHGE\6HF5HSXEOLF$FW1R

$57,&/( 6OLJKW LOOHJDO GHWHQWLRQ ² 7KH SHQDOW\ RI UHFOXVLRQ WHPSRUDO

VKDOOEHLPSRVHGXSRQDQ\SULYDWHLQGLYLGXDOZKRVKDOOFRPPLWWKHFULPHVGHVFULEHGLQWKHQH[WSUHFHGLQJDUWLFOHZLWKRXWWKHDWWHQGDQFHRIDQ\RIWKHFLUFXPVWDQFHVHQXPHUDWHG

WKHUHLQ7KHVDPHSHQDOW\VKDOOEHLQFXUUHGE\DQ\RQHZKRVKDOOIXUQLVKWKHSODFHIRUWKH

SHUSHWUDWLRQRIWKHFULPH

,I WKH RIIHQGHU VKDOO YROXQWDULO\ UHOHDVH WKH SHUVRQ VR NLGQDSSHG RU GHWDLQHG

ZLWKLQWKUHHGD\VIURPWKHFRPPHQFHPHQWRIWKHGHWHQWLRQZLWKRXWKDYLQJDWWDLQHGWKHSXUSRVH LQWHQGHG DQG EHIRUH WKH LQVWLWXWLRQ RI FULPLQDO SURFHHGLQJV DJDLQVW KLP WKH

SHQDOW\ VKDOO EH SULVLRQ PD\RU LQ LWV PLQLPXP DQG PHGLXP SHULRGV DQG D ILQH QRW

H[FHHGLQJSHVRV$VDPHQGHGE\5HSXEOLF$FW1RDSSURYHG6HSW

$57,&/(8QODZIXODUUHVW ² 7KH SHQDOW\RIDUUHVWRPD\RUDQGDILQHQRWH[FHHGLQJSHVRVVKDOOEHLPSRVHGXSRQDQ\SHUVRQZKRLQDQ\FDVHRWKHUWKDQWKRVH

DXWKRUL]HGE\ODZRUZLWKRXWUHDVRQDEOHJURXQGWKHUHIRUVKDOODUUHVWRUGHWDLQDQRWKHUIRUWKHSXUSRVHRIGHOLYHULQJKLPWRWKHSURSHUDXWKRULWLHV

6(&7,21

.LGQDSSLQJRIPLQRUV

$57,&/( .LGQDSSLQJ DQG IDLOXUH WR UHWXUQ D PLQRU ² 7KH SHQDOW\ RIUHFOXVLRQ SHUSHWXD VKDOO EH LPSRVHG XSRQ DQ\ SHUVRQ ZKR EHLQJ HQWUXVWHG ZLWK WKH

FXVWRG\ RI D PLQRU SHUVRQ VKDOO GHOLEHUDWHO\ IDLO WR UHVWRUH WKH ODWWHU WR KLV SDUHQWV RU

JXDUGLDQV$VDPHQGHGE\5HSXEOLF$FW1R

$57,&/( ,QGXFLQJ D PLQRU WR DEDQGRQ KLV KRPH ² 7KH SHQDOW\ RI

UHFOXVLRQFRUUHFFLRQDO DQGDILQHQRWH[FHHGLQJSHVRVVKDOOEHLPSRVHGXSRQDQ\RQH

ZKRVKDOOLQGXFHDPLQRUWRDEDQGRQWKHKRPHRIKLVSDUHQWVRUJXDUGLDQVRUWKHSHUVRQVHQWUXVWHGZLWKKLVFXVWRG\

,IWKHSHUVRQFRPPLWWLQJDQ\RIWKHFULPHVFRYHUHGE\WKHWZRSUHFHGLQJDUWLFOHVVKDOOEHWKHIDWKHURUWKHPRWKHURIWKHPLQRUWKHSHQDOW\VKDOOEH DUUHVWR PD\RU RU D ILQH

QRWH[FHHGLQJSHVRVRUERWK$VDPHQGHGE\5HS$FW1R

6(&7,21

6ODYHU\DQG6HUYLWXGH

$57,&/( 6ODYHU\ ² 7KH SHQDOW\ RI SULVLRQ PD\RU DQG D ILQH RI QRWH[FHHGLQJSHVRVVKDOOEHLPSRVHGXSRQDQ\RQHZKRVKDOOSXUFKDVHVHOONLGQDSRU

GHWDLQDKXPDQEHLQJIRUWKHSXUSRVHRIHQVODYLQJKLP



$FW1R SDJH

,IWKHFULPHEHFRPPLWWHGIRUWKHSXUSRVHRIDVVLJQLQJWKHRIIHQGHGSDUW\WRVRPH

LPPRUDOWUDIILFWKHSHQDOW\VKDOOEHLPSRVHGLQLWVPD[LPXPSHULRG

$57,&/( ([SORLWDWLRQ RI FKLOG ODERU ² 7KH SHQDOW\ RI SULVLRQ

FRUUHFFLRQDO LQ LWV PLQLPXP DQG PHGLXP SHULRGV DQGD ILQH QRW H[FHHGLQJ SHVRV

VKDOOEH LPSRVHGXSRQ DQ\RQHZKRXQGHU WKH SUHWH[WRI UHLPEXUVLQJKLPVHOIRI DGHEWLQFXUUHGE\DQDVFHQGDQWJXDUGLDQRUSHUVRQHQWUXVWHGZLWKWKHFXVWRG\RIDPLQRUVKDOO

DJDLQVWWKHODWWHUVZLOOUHWDLQKLPLQKLVVHUYLFH

$57,&/( 6HUYLFHVUHQGHUHGXQGHUFRPSXOVLRQLQSD\PHQWRIGHEWV ² 7KH

SHQDOW\RIDUUHVWRPD\RULQLWVPD[LPXPSHULRGWR SULVLRQFRUUHFFLRQDO LQLWVPLQLPXP

SHULRGVKDOOEHLPSRVHGXSRQDQ\SHUVRQZKRLQRUGHUWRUHTXLUHRUHQIRUFHWKHSD\PHQWRIDGHEWVKDOOFRPSHOWKHGHEWRUWRZRUNIRUKLPDJDLQVWKLVZLOODVKRXVHKROGVHUYDQW

RUIDUPODERUHU

&+$37(57:2

&ULPHV$JDLQVW6HFXULW\

6(&7,21

$EDQGRQPHQWRIKHOSOHVVSHUVRQVDQGH[SORLWDWLRQRIPLQRUV

$57,&/( $EDQGRQPHQW RISHUVRQV LQGDQJHUDQG DEDQGRQPHQW RIRQHVRZQYLFWLP ² 7KH SHQDOW\RIDUUHVWRPD\RUVKDOOEHLPSRVHGXSRQ

$Q\RQHZKRVKDOOIDLOWRUHQGHUDVVLVWDQFHWRDQ\SHUVRQZKRPKHVKDOOILQGLQDQXQLQKDELWHGSODFHZRXQGHGRULQGDQJHURIG\LQJZKHQKHFDQUHQGHUVXFKDVVLVWDQFH

ZLWKRXW GHWULPHQW WR KLPVHOI XQOHVV VXFK RPLVVLRQ VKDOO FRQVWLWXWH D PRUH VHULRXV

RIIHQVH

$Q\RQH ZKR VKDOO IDLO WR KHOS RU UHQGHU DVVLVWDQFH WR DQRWKHU ZKRP KH KDV

DFFLGHQWDOO\ZRXQGHGRULQMXUHG

$Q\RQHZKRKDYLQJIRXQGDQDEDQGRQHGFKLOGXQGHUVHYHQ\HDUVRIDJHVKDOO

IDLOWRGHOLYHUVDLGFKLOGWR WKH DXWKRULWLHVRUWRKLVIDPLO\RUVKDOOIDLOWRWDNHKLPWRD

VDIHSODFH

$57,&/( $EDQGRQLQJDPLQRU ² 7KH SHQDOW\RIDUUHVWR PD\RU DQG D ILQH

QRWH[FHHGLQJSHVRVVKDOOEHLPSRVHGXSRQDQ\RQHZKRVKDOODEDQGRQDFKLOGXQGHUVHYHQ\HDUVRIDJHWKHFXVWRG\RIZKLFKLVLQFXPEHQWXSRQKLP

:KHQWKHGHDWKRIWKHPLQRUVKDOOUHVXOWIURPVXFKDEDQGRQPHQWWKHFXOSULWVKDOO

EHSXQLVKHGE\ SULVLRQ FRUUHFFLRQDO LQLWVPHGLXPDQGPD[LPXPSHULRGVEXWLIWKHOLIHRIWKHPLQRUVKDOOKDYHEHHQLQGDQJHURQO\WKHSHQDOW\VKDOOEH SULVLRQ FRUUHFFLRQDO LQ

LWVPLQLPXPDQGPHGLXPSHULRGV



$FW1R SDJH

7KH SURYLVLRQV FRQWDLQHG LQ WKH WZR SUHFHGLQJ SDUDJUDSKV VKDOOQRW SUHYHQW WKH

LPSRVLWLRQRIWKHSHQDOW\SURYLGHGIRUWKHDFWFRPPLWWHGZKHQWKHVDPHVKDOOFRQVWLWXWHD PRUH VHULRXVRIIHQVH

$57,&/( $EDQGRQPHQW RI PLQRU E\ SHUVRQ HQWUXVWHG ZLWK KLV FXVWRG\

LQGLIIHUHQFH RI SDUHQWV ² 7KHSHQDOW\RI DUUHVWRPD\RUDQGDILQHQRWH[FHHGLQJSHVRVVKDOOEHLPSRVHGXSRQDQ\RQHZKRKDYLQJFKDUJHRIWKHUHDULQJRUHGXFDWLRQRID

PLQRU VKDOO GHOLYHU VDLG PLQRU WR D SXEOLF LQVWLWXWLRQ RU RWKHU SHUVRQV ZLWKRXW WKH

FRQVHQWRIWKHRQHZKRHQWUXVWHGVXFKFKLOGWRKLVFDUHRULQWKHDEVHQFHRIWKHODWWHUZLWKRXWWKHFRQVHQWRIWKHSURSHUDXWKRULWLHV

7KH VDPH SHQDOW\ VKDOO EH LPSRVHG XSRQ WKH SDUHQWV ZKR VKDOO QHJOHFW WKHLUFKLOGUHQE\QRWJLYLQJWKHPWKHHGXFDWLRQZKLFKWKHLUVWDWLRQLQOLIHUHTXLUHDQGILQDQFLDO

FRQGLWLRQSHUPLW

$57,&/( ([SORLWDWLRQRIPLQRUV ² 7KH SHQDOW\RI SULVLRQFRUUHFFLRQDO LQ

LWVPLQLPXPDQGPHGLXPSHULRGVDQGDILQHQRWH[FHHGLQJSHVRVVKDOOEHLPSRVHGXSRQ

$Q\ SHUVRQ ZKR VKDOO FDXVH DQ\ ER\ RU JLUO XQGHU VL[WHHQ \HDUV RI DJH WR

SHUIRUPDQ\GDQJHURXVIHDWRIEDODQFLQJSK\VLFDOVWUHQJWKRUFRQWRUWLRQ

$Q\SHUVRQZKREHLQJDQDFUREDWJ\PQDVWURSHZDONHUGLYHUZLOGDQLPDO

WDPHURU FLUFXV PDQDJHU RUHQJDJHGLQ DVLPLODUFDOOLQJVKDOOHPSOR\ LQH[KLELWLRQV RI

WKHVH NLQGV RI FKLOGUHQ XQGHU VL[WHHQ \HDUV RI DJH ZKR DUH QRW KLV FKLOGUHQ RUGHVFHQGDQWV

$Q\ SHUVRQHQJDJHG LQDQ\ RIWKH FDOOLQJVHQXPHUDWHG LQWKH QH[W SUHFHGLQJSDUDJUDSK ZKRVKDOO HPSOR\ DQ\ GHVFHQGDQW RI KLV XQGHU WZHOYH \HDUVRIDJH LQVXFK

GDQJHURXVH[KLELWLRQV

$Q\DVFHQGDQWJXDUGLDQWHDFKHURUSHUVRQHQWUXVWHGLQDQ\FDSDFLW\ZLWKWKHFDUHRIDFKLOGXQGHUVL[WHHQ\HDUVRIDJHZKRVKDOOGHOLYHUVXFKFKLOGJUDWXLWRXVO\WRDQ\

SHUVRQIROORZLQJDQ\RIWKHFDOOLQJVHQXPHUDWHGLQSDUDJUDSKKHUHRIRUWRDQ\KDELWXDO

YDJUDQWRUEHJJDU

,IWKHGHOLYHU\VKDOOKDYHEHHQPDGHLQFRQVLGHUDWLRQRIDQ\SULFHFRPSHQVDWLRQ

RUSURPLVHWKHSHQDOW\VKDOOLQHYHU\FDVHEHLPSRVHGLQLWVPD[LPXPSHULRG

,QHLWKHUFDVHWKHJXDUGLDQRUFXUDWRUFRQYLFWHGVKDOODOVREHUHPRYHGIURPRIILFH

DVJXDUGLDQRUFXUDWRUDQGLQWKHFDVHRIWKHSDUHQWVRIWKHFKLOGWKH\PD\EHGHSULYHG

WHPSRUDULO\RUSHUSHWXDOO\LQWKHGLVFUHWLRQRIWKHFRXUWRIWKHLUSDUHQWDODXWKRULW\



$FW1R SDJH

$Q\SHUVRQZKRVKDOOLQGXFHDQ\FKLOGXQGHUVL[WHHQ\HDUVRIDJHWRDEDQGRQ

WKHKRPHRILWVDVFHQGDQWVJXDUGLDQVFXUDWRUVRUWHDFKHUVWRIROORZDQ\SHUVRQHQJDJHGLQ DQ\ RI WKH FDOOLQJV PHQWLRQHG LQ SDUDJUDSK KHUHRI RU WR DFFRPSDQ\ DQ\ KDELWXDO

YDJUDQWRUEHJJDU

$57,&/( $GGLWLRQDOSHQDOWLHVIRURWKHURIIHQVHV ² 7KH LPSRVLWLRQRIWKHSHQDOWLHVSUHVFULEHGLQWKHSUHFHGLQJDUWLFOHVVKDOOQRWSUHYHQWWKHLPSRVLWLRQXSRQWKH

VDPHSHUVRQRIWKHSHQDOW\SURYLGHGIRUDQ\RWKHUIHORQLHVGHILQHGDQGSXQLVKHGE\WKLV

&RGH

$57,&/(*UDYH WKUHDWV ² $Q\ SHUVRQZKRVKDOOWKUHDWHQDQRWKHUZLWKWKH

LQIOLFWLRQXSRQWKHSHUVRQKRQRURUSURSHUW\RIWKHODWWHURURIKLVIDPLO\RIDQ\ZURQJDPRXQWLQJWRDFULPHVKDOOVXIIHU

7KHSHQDOW\QH[WORZHULQGHJUHHWKDQWKDWSUHVFULEHGE\ODZIRUWKHFULPHEHWKUHDWHQHG WR FRPPLW LI WKH RIIHQGHU VKDOO KDYH PDGH WKH WKUHDW GHPDQGLQJ PRQH\ RU

LPSRVLQJ DQ\ RWKHU FRQGLWLRQ HYHQ WKRXJK QRW XQODZIXO DQGVDLG RIIHQGHU VKDOO KDYHDWWDLQHGKLVSXUSRVH,IWKHRIIHQGHUVKDOOQRWKDYHDWWDLQHGKLVSXUSRVHWKHSHQDOW\ORZHU

E\WZRGHJUHHVVKDOOEHLPSRVHG

,I WKH WKUHDW EH PDGH LQ ZULWLQJ RU WKURXJK D PLGGOHPDQ WKH SHQDOW\ VKDOO EH

LPSRVHGLQLWVPD[LPXPSHULRG

7KHSHQDOW\RIDUUHVWRPD\RUDQGDILQHQRWH[FHHGLQJSHVRVLIWKHWKUHDW

VKDOOQRWKDYHEHHQPDGHVXEMHFWWRDFRQGLWLRQ

$57,&/( /LJKWWKUHDWV ² $ WKUHDWWRFRPPLWDZURQJQRWFRQVWLWXWLQJD

FULPHPDGHLQWKHPDQQHUH[SUHVVHGLQVXEGLYLVLRQRIWKHQH[WSUHFHGLQJDUWLFOHVKDOOEHSXQLVKHGE\DUUHVWRPD\RU

$57,&/( %RQG IRU JRRG EHKDYLRU ² ,Q DOOFDVHVIDOOLQJZLWKLQWKHWZR

QH[WSUHFHGLQJDUWLFOHVWKHSHUVRQPDNLQJWKHWKUHDWVPD\DOVREHUHTXLUHGWRJLYHEDLOQRW WR PROHVW WKH SHUVRQ WKUHDWHQHG RU LI KH VKDOO IDLO WR JLYH VXFK EDLO KH VKDOO EH

VHQWHQFHGWRGHVWLHUUR

$57,&/( 2WKHU OLJKW WKUHDWV ² 7KH SHQDOW\ RI DUUHVWR PHQRU LQ LWV

PLQLPXPSHULRGRUDILQHQRWH[FHHGLQJSHVRVVKDOOEHLPSRVHGXSRQ

$Q\ SHUVRQ ZKR ZLWKRXW EHLQJ LQFOXGHG LQ WKH SURYLVLRQV RI WKH QH[W

SUHFHGLQJDUWLFOHVKDOOWKUHDWHQDQRWKHUZLWKDZHDSRQRUGUDZVXFKZHDSRQLQDTXDUUHO

XQOHVVLWEHLQODZIXOVHOIGHIHQVH

$Q\SHUVRQZKRLQWKHKHDWRIDQJHUVKDOORUDOO\WKUHDWHQDQRWKHUZLWKVRPH

KDUPQRWFRQVWLWXWLQJDFULPHDQGZKRE\VXEVHTXHQWDFWVVKRZWKDWKHGLGQRWSHUVLVWLQ

WKH LGHD LQYROYHGLQ KLV WKUHDWSURYLGHGWKDW WKH FLUFXPVWDQFHVRI WKH RIIHQVHVKDOOQRWEULQJLWZLWKLQWKHSURYLVLRQVRIDUWLFOHRIWKLV&RGH



$FW1R SDJH

$Q\SHUVRQZKRVKDOORUDOO\WKUHDWHQWRGRDQRWKHUDQ\KDUPQRWFRQVWLWXWLQJD

IHORQ\

$57,&/(*UDYH FRHUFLRQV ² 7KH SHQDOW\RIDUUHVWR PD\RU DQG D ILQHQRW

H[FHHGLQJ SHVRV VKDOOEH LPSRVHG XSRQ DQ\ SHUVRQ ZKR ZLWKRXW DXWKRULW\RI ODZ

VKDOOE\PHDQVRIYLROHQFHSUHYHQWDQRWKHUIURPGRLQJVRPHWKLQJQRWSURKLELWHGE\ODZRUFRPSHOKLPWRGRVRPHWKLQJDJDLQVWKLVZLOOZKHWKHULWEHULJKWRUZURQJ

,I WKH FRHUFLRQ EH FRPPLWWHG IRU WKH SXUSRVH RI FRPSHOOLQJDQRWKHU WRSHUIRUPDQ\UHOLJLRXVDFWRUWRSUHYHQWKLPIURPVRGRLQJWKHSHQDOW\QH[WKLJKHULQGHJUHHVKDOO

EHLPSRVHG

$57,&/( /LJKWFRHUFLRQV ² $Q\ SHUVRQ ZKR E\ PHDQVRIYLROHQFHVKDOO

VHL]H DQ\WKLQJ EHORQJLQJ WR KLV GHEWRU IRU WKH SXUSRVH RI DSSO\LQJ WKH VDPH WR WKH

SD\PHQWRIWKHGHEWVKDOOVXIIHUWKHSHQDOW\RIDUUHVWRPD\RULQLWVPLQLPXPSHULRGDQGD ILQH HTXLYDOHQWWRWKHYDOXHRIWKHWKLQJEXWLQQRFDVHOHVVWKDQSHVRV

$Q\RWKHUFRHUFLRQVRUXQMXVWYH[DWLRQVVKDOOEHSXQLVKHGE\DUUHVWRPHQRURUD

ILQHUDQJLQJIURPWRSHVRVRUERWK

$57,&/( 2WKHU VLPLODU FRHUFLRQV ² &RPSXOVRU\ SXUFKDVH RI

PHUFKDQGLVH DQG SD\PHQW RI ZDJHV E\ PHDQV RI WRNHQV ² 7KH SHQDOW\ RI DUUHVWRPD\RU RU D ILQH UDQJLQJ IURP WR SHVRV RU ERWK VKDOO EH LPSRVHG XSRQ DQ\

SHUVRQ DJHQW RU RIILFHU RI DQ\ DVVRFLDWLRQ RU FRUSRUDWLRQ ZKR VKDOO IRUFH RU FRPSHO

GLUHFWO\ RU LQGLUHFWO\ RU VKDOONQRZLQJO\ SHUPLW DQ\ ODERUHU RU HPSOR\HHHPSOR\HGE\KLPRUE\VXFKILUPRUFRUSRUDWLRQWREHIRUFHGRUFRPSHOOHGWRSXUFKDVHPHUFKDQGLVHRU

FRPPRGLWLHVRIDQ\NLQG

7KHVDPHSHQDOWLHVVKDOOEHLPSRVHGXSRQDQ\SHUVRQZKRVKDOOSD\WKHZDJHV

GXHDODERUHURUHPSOR\HHHPSOR\HGE\KLPE\PHDQVRIWRNHQVRUREMHFWVRWKHUWKDQWKH

OHJDOWHQGHUFXUUHQF\RIWKH3KLOLSSLQH,VODQGVXQOHVVH[SUHVVO\UHTXHVWHGE\WKHODERUHU

RUHPSOR\HH

$GXOWHU\DQG&RQFXELQDJH

$57,&/( :KR DUH JXLOW\ RI DGXOWHU\ ² $GXOWHU\ LV FRPPLWWHG E\ DQ\

PDUULHGZRPDQZKRVKDOOKDYHVH[XDOLQWHUFRXUVHZLWKDPDQQRWKHUKXVEDQGDQGE\WKH

PDQZKRKDVFDUQDONQRZOHGJHRIKHUNQRZLQJKHUWREHPDUULHGHYHQLIWKHPDUULDJHEHVXEVHTXHQWO\GHFODUHGYRLG

$GXOWHU\VKDOOEHSXQLVKHGE\ SULVLRQFRUUHFFLRQDO LQLWVPHGLXPDQGPD[LPXP

SHULRGV

,I WKH SHUVRQ JXLOW\ RI DGXOWHU\ FRPPLWWHG WKLV RIIHQVH ZKLOH EHLQJ DEDQGRQHG

ZLWKRXWMXVWLILFDWLRQE\WKHRIIHQGHGVSRXVHWKHSHQDOW\QH[WORZHULQGHJUHHWKDQWKDWSURYLGHGLQWKHQH[WSUHFHGLQJSDUDJUDSKVKDOOEHLPSRVHG



$FW1R SDJH

$57,&/(&RQFXELQDJH ² $Q\ KXVEDQG ZKR VKDOONHHSDPLVWUHVVLQWKH

FRQMXJDOGZHOOLQJRUVKDOOKDYHVH[XDOLQWHUFRXUVHXQGHUVFDQGDORXVFLUFXPVWDQFHVZLWKD ZRPDQ ZKR LV QRW KLV ZLIH RU VKDOO FRKDELW ZLWK KHU LQ DQ\ RWKHU SODFH VKDOO EH

SXQLVKHGE\ SULVLRQFRUUHFFLRQDO LQLWVPLQLPXPDQGPHGLXPSHULRGV

7KHFRQFXELQHVKDOOVXIIHUWKHSHQDOW\RIGHVWLHUUR

&+$37(57:2

5DSHDQG$FWVRI/DVFLYLRXVQHVV

$57,&/( :KHQ DQG KRZ UDSH LV FRPPLWWHG ² 5DSH LV FRPPLWWHG E\

KDYLQJFDUQDONQRZOHGJHRIDZRPDQXQGHUDQ\RIWKHIROORZLQJFLUFXPVWDQFHV

%\XVLQJIRUFHRULQWLPLGDWLRQ

:KHQWKHZRPDQLVGHSULYHGRIUHDVRQRURWKHUZLVHXQFRQVFLRXVDQG

:KHQWKHZRPDQLVXQGHUWZHOYH\HDUVRIDJHRULVGHPHQWHG

7KHFULPHRIUDSHVKDOOEHSXQLVKHGE\UHFOXVLRQSHUSHWXD

:KHQHYHUWKHFULPHRIUDSHLVFRPPLWWHGZLWKWKHXVHRIDGHDGO\ZHDSRQRUE\

WZRRUPRUHSHUVRQVWKHSHQDOW\VKDOOEHUHFOXVLRQSHUSHWXDWR GHDWK

:KHQE\UHDVRQRURQWKHRFFDVLRQRIWKHUDSHWKHYLFWLPKDVEHFRPHLQVDQHWKH

SHQDOW\VKDOOEHGHDWK

:KHQWKHUDSHLVDWWHPSWHGRUIUXVWUDWHGDQGDKRPLFLGHLVFRPPLWWHGE\UHDVRQ

RURQWKHRFFDVLRQWKHUHRIWKHSHQDOW\VKDOOEHUHFOXVLRQSHUSHWXDWRGHDWK

:KHQ E\ UHDVRQ RU RQ WKH RFFDVLRQ RI WKH UDSH D KRPLFLGH LV FRPPLWWHG WKH

SHQDOW\VKDOOEHGHDWK$VDPHQGHGE\5HSXEOLF$FW1RDSSURYHG-XQH

DQG5HSXEOLF$FW1RDSSURYHG-XQH

7KH GHDWKSHQDOW\VKDOO DOVREH LPSRVHGLI WKH FULPHRI UDSHLV FRPPLWWHGZLWK

DQ\RIWKHIROORZLQJDWWHQGDQWFLUFXPVWDQFHV

:KHQ WKH YLFWLP LV XQGHU HLJKWHHQ \HDUV RI DJH DQG WKH RIIHQGHU LV D

SDUHQWDVFHQGDQWVWHSSDUHQWJXDUGLDQUHODWLYHE\FRQVDQJXLQLW\RUDIILQLW\ZLWKLQWKHWKLUGFLYLOGHJUHHRUWKHFRPPRQODZVSRXVHRIWKHSDUHQWRIWKHYLFWLP

:KHQWKHYLFWLPLVXQGHUWKHFXVWRG\RIWKHSROLFHRUPLOLWDU\DXWKRULWLHV

:KHQWKHUDSHLVFRPPLWWHGLQIXOOYLHZRIWKHKXVEDQGSDUHQWDQ\RIWKH

FKLOGUHQRURWKHUUHODWLYHVZLWKLQWKHWKLUGGHJUHHRIFRQVDQJXLQLW\

:KHQWKHYLFWLPLVDUHOLJLRXVRUDFKLOGEHORZVHYHQ\HDUVROG



$FW1R SDJH

:KHQ WKH RIIHQGHU NQRZV WKDW KH LV DIIOLFWHG ZLWK $FTXLUHG ,PPXQH

'HILFLHQF\6\QGURPH$,'6GLVHDVH

:KHQFRPPLWWHGE\DQ\PHPEHURIWKH$UPHG)RUFHVRIWKH3KLOLSSLQHVRUWKH

3KLOLSSLQH1DWLRQDO3ROLFHRUDQ\ODZHQIRUFHPHQWDJHQF\

:KHQ E\ UHDVRQ RU RQ WKH RFFDVLRQ RI WKH UDSH WKH YLFWLP KDV VXIIHUHG

SHUPDQHQWSK\VLFDOPXWLODWLRQ$VDPHQGHGE\6HF5HSXEOLF$FW1R

$57,&/( $FWV RI ODVFLYLRXVQHVV ² $Q\ SHUVRQ ZKR VKDOOFRPPLWDQ\DFW

RI ODVFLYLRXVQHVV XSRQ RWKHU SHUVRQV RI HLWKHU VH[ XQGHU DQ\ RI WKH FLUFXPVWDQFHV

PHQWLRQHGLQWKHSUHFHGLQJDUWLFOHVKDOOEHSXQLVKHGE\ SULVLRQFRUUHFFLRQDO

&+$37(57+5((

6HGXFWLRQ&RUUXSWLRQRI0LQRUVDQG:KLWH6ODYH7UDGH

$57,&/( 4XDOLILHG VHGXFWLRQ ² 7KH VHGXFWLRQ RI D YLUJLQ RYHU WZHOYH \HDUV DQG XQGHU HLJKWHHQ \HDUV RI DJH FRPPLWWHG E\ DQ\ SHUVRQ LQ SXEOLF DXWKRULW\

SULHVW KRPHVHUYDQW GRPHVWLF JXDUGLDQ WHDFKHU RU DQ\ SHUVRQ ZKR LQ DQ\ FDSDFLW\VKDOOEHHQWUXVWHGZLWKWKHHGXFDWLRQRUFXVWRG\RIWKHZRPDQVHGXFHGVKDOOEHSXQLVKHG

E\ SULVLRQFRUUHFFLRQDO LQ LWVPLQLPXPDQGPHGLXPSHULRGV

7KHSHQDOW\QH[WKLJKHULQGHJUHHVKDOOEHLPSRVHGXSRQDQ\SHUVRQZKRVKDOO

VHGXFHKLVVLVWHURUGHVFHQGDQWZKHWKHURUQRWVKHEHDYLUJLQRURYHUHLJKWHHQ\HDUVRI

DJH

8QGHUWKHSURYLVLRQVRIWKLV&KDSWHUVHGXFWLRQLVFRPPLWWHGZKHQWKHRIIHQGHU

KDVFDUQDONQRZOHGJHRIDQ\RIWKHSHUVRQVDQGXQGHUWKHFLUFXPVWDQFHVGHVFULEHGKHUHLQ

$57,&/( 6LPSOH VHGXFWLRQ ² 7KH VHGXFWLRQRIDZRPDQZKRLVVLQJOHRU

D ZLGRZRIJRRGUHSXWDWLRQRYHUWZHOYHEXWXQGHUHLJKWHHQ\HDUVRIDJHFRPPLWWHGE\

PHDQVRIGHFHLWVKDOOEHSXQLVKHGE\DUUHVWR PD\RU

$57,&/( $FWV RI ODVFLYLRXVQHVVZLWKWKHFRQVHQW RIWKH RIIHQGHGSDUW\ ²

7KHSHQDOW\RIDUUHVWRPD\RUVKDOOEHLPSRVHGWRSXQLVKDQ\RWKHUDFWVRIODVFLYLRXVQHVVFRPPLWWHGE\WKHVDPHSHUVRQVDQGWKHVDPHFLUFXPVWDQFHVDVWKRVHSURYLGHGLQDUWLFOHV

DQG

$57,&/( &RUUXSWLRQ RI PLQRUV ² $Q\ SHUVRQ ZKR VKDOO SURPRWH RU

IDFLOLWDWHWKHSURVWLWXWLRQRUFRUUXSWLRQRISHUVRQVXQGHUDJHWRVDWLVI\WKHOXVWRIDQRWKHU

VKDOO EH SXQLVKHG E\ SULVLRQ PD\RU DQG LI WKH FXOSULW LVD SXEOLF RIILFHU RU HPSOR\HH

LQFOXGLQJWKRVHLQJRYHUQPHQWRZQHGRUFRQWUROOHGFRUSRUDWLRQVKHVKDOODOVRVXIIHUWKHSHQDOW\RIWHPSRUDU\DEVROXWHGLVTXDOLILFDWLRQ$VDPHQGHGE\%DWDV3DPEDQVD%OJ

'HFHPEHU



$FW1R SDJH

$57,&/(:KLWH VODYHWUDGH ² 7KHSHQDOW\RI SULVLRQPD\RULQLWVPHGLXP

DQGPD[LPXPSHULRGVVKDOOEHLPSRVHGXSRQDQ\SHUVRQZKRLQDQ\PDQQHURUXQGHUDQ\SUHWH[WVKDOOHQJDJHLQWKHEXVLQHVVRUVKDOOSURILWE\SURVWLWXWLRQRUVKDOOHQOLVWWKH

VHUYLFHV RI DQ\ RWKHU SHUVRQ IRU WKH SXUSRVH RI SURVWLWXWLRQ $V DPHQGHG E\ %DWDV

3DPEDQVD%OJ0DUFK

&+$37(5)285

$EGXFWLRQ

$57,&/( )RUFLEOHDEGXFWLRQ ² 7KHDEGXFWLRQRIDQ\ZRPDQDJDLQVWKHU

ZLOODQGZLWKOHZGGHVLJQVVKDOOEHSXQLVKHGE\UHFOXVLRQWHPSRUDO

7KHVDPHSHQDOW\VKDOOEHLPSRVHGLQHYHU\FDVHLIWKHIHPDOHDEGXFWHGEHXQGHUWZHOYH \HDUVRIDJH

$57,&/(&RQVHQWHGDEGXFWLRQ ² 7KH DEGXFWLRQRIDYLUJLQRYHUWZHOYH \HDUV DQG XQGHU HLJKWHHQ \HDUV RI DJH FDUULHG RXW ZLWK KHU FRQVHQW DQG ZLWK OHZG

GHVLJQV VKDOO EH SXQLVKHG E\ WKH SHQDOW\ RI SULVLRQ FRUUHFFLRQDO LQ LWV PLQLPXP DQGPHGLXPSHULRGV

&+$37(5),9(

3URYLVLRQV5HODWLYHWRWKH3UHFHGLQJ&KDSWHUVRI7LWOH(OHYHQ

$57,&/( 3URVHFXWLRQ RI WKH FULPHV RI DGXOWHU\ FRQFXELQDJH VHGXFWLRQ

DEGXFWLRQUDSHDQGDFWVRI ODVFLYLRXVQHVV ² 7KH FULPHV RIDGXOWHU\DQG FRQFXELQDJH

VKDOOQRWEHSURVHFXWHGH[FHSWXSRQDFRPSODLQWILOHGE\WKHRIIHQGHGVSRXVH

7KHRIIHQGHG SDUW\FDQQRW LQVWLWXWHFULPLQDO SURVHFXWLRQZLWKRXW LQFOXGLQJERWK

WKHJXLOW\SDUWLHVLIWKH\DUHERWKDOLYHQRULQDQ\FDVHLIKHVKDOOKDYHFRQVHQWHGRUSDUGRQHGWKHRIIHQGHUV

7KHRIIHQVHVRIVHGXFWLRQDEGXFWLRQUDSHRUDFWVRIODVFLYLRXVQHVVVKDOOQRWEH

SURVHFXWHG H[FHSW XSRQ D FRPSODLQW ILOHG E\ WKH RIIHQGHG SDUW\ RU KHU SDUHQWVJUDQGSDUHQWVRUJXDUGLDQQRULQDQ\FDVHLIWKHRIIHQGHUKDVEHHQH[SUHVVO\SDUGRQHG

E\WKHDERYHQDPHGSHUVRQVDVWKHFDVHPD\EH

,QFDVHVRIVHGXFWLRQDEGXFWLRQDFWVRIODVFLYLRXVQHVVDQGUDSHWKHPDUULDJHRI

WKH RIIHQGHU ZLWK WKH RIIHQGHG SDUW\ VKDOO H[WLQJXLVK WKH FULPLQDO DFWLRQ RU UHPLW WKH

SHQDOW\ DOUHDG\ LPSRVHG XSRQ KLP 7KH SURYLVLRQV RI WKLV SDUDJUDSK VKDOO DOVR EHDSSOLFDEOH WR WKH FRSULQFLSDOV DFFRPSOLFHV DQG DFFHVVRULHV DIWHU WKH IDFW RI WKH

DERYHPHQWLRQHGFULPHV

$57,&/( &LYLO OLDELOLW\ RI SHUVRQV JXLOW\ RI FULPHV DJDLQVW FKDVWLW\ ²3HUVRQJXLOW\RIUDSHVHGXFWLRQRUDEGXFWLRQVKDOODOVREHVHQWHQFHG

7RLQGHPQLI\WKHRIIHQGHGZRPDQ



$FW1R SDJH

7R DFNQRZOHGJH WKH RIIVSULQJ XQOHVV WKH ODZ VKRXOG SUHYHQW KLP IURP VR

GRLQJ

,QHYHU\FDVHWRVXSSRUWWKHRIIVSULQJ

7KHDGXOWHUHUDQGWKHFRQFXELQHLQWKHFDVHSURYLGHGIRULQDUWLFOHVDQGPD\ DOVR EH VHQWHQFHG LQ WKH VDPH SURFHHGLQJ RU LQ D VHSDUDWH FLYLO SURFHHGLQJ WR

LQGHPQLI\IRUGDPDJHVFDXVHGWRWKHRIIHQGHGVSRXVH

$57,&/( /LDELOLW\ RI DVFHQGDQWV JXDUGLDQV WHDFKHUV RU RWKHU SHUVRQV

HQWUXVWHGZLWKWKHFXVWRG\RIWKHRIIHQGHGSDUW\ ² 7KH DVFHQGDQWVJXDUGLDQVFXUDWRUV

WHDFKHUV DQG DQ\ SHUVRQ ZKR E\ DEXVH RI DXWKRULW\RU FRQILGHQWLDOUHODWLRQVKLSVVKDOOFRRSHUDWHDVDFFRPSOLFHVLQWKHSHUSHWUDWLRQRIWKHFULPHVHPEUDFHGLQFKDSWHUVVHFRQG

WKLUGDQGIRXUWKRIWKLVWLWOHVKDOOEHSXQLVKHGDVSULQFLSDOV

7HDFKHUVRURWKHUSHUVRQVLQDQ\RWKHUFDSDFLW\HQWUXVWHGZLWKWKHHGXFDWLRQDQG

JXLGDQFHRI\RXWKVKDOODOVRVXIIHUWKHSHQDOW\RIWHPSRUDU\VSHFLDOGLVTXDOLILFDWLRQLQLWVPD[LPXPSHULRGWRSHUSHWXDOVSHFLDOGLVTXDOLILFDWLRQ

$Q\SHUVRQIDOOLQJZLWKLQWKHWHUPVRIWKLVDUWLFOHDQGDQ\RWKHUSHUVRQJXLOW\RI

FRUUXSWLRQ RI PLQRUV IRU WKH EHQHILW RI DQRWKHU VKDOO EH SXQLVKHG E\ VSHFLDO

GLVTXDOLILFDWLRQIURPILOOLQJWKHRIILFHRIJXDUGLDQ

7,7/(7:(/9(

&ULPHV$JDLQVWWKH&LYLO6WDWXVRI3HUVRQV

&+$37(521(

6LPXODWLRQRI%LUWKVDQG8VXUSDWLRQRI&LYLO6WDWXV

$57,&/( 6LPXODWLRQ RI ELUWKV VXEVWLWXWLRQ RI RQH FKLOG IRU DQRWKHU DQG

FRQFHDOPHQWRUDEDQGRQPHQWRIDOHJLWLPDWHFKLOG ² 7KH VLPXODWLRQRIELUWKVDQGWKH

VXEVWLWXWLRQRIRQHFKLOGIRUDQRWKHUVKDOOEHSXQLVKHGE\ SULVLRQ PD\RU DQG D ILQH RI QRWH[FHHGLQJSHVRV

7KH VDPH SHQDOWLHV VKDOO EH LPSRVHG XSRQ DQ\ SHUVRQ ZKR VKDOO FRQFHDO RUDEDQGRQDQ\OHJLWLPDWHFKLOGZLWKLQWHQWWRFDXVHVXFKFKLOGWRORVHLWVFLYLOVWDWXV

$Q\SK\VLFLDQRUVXUJHRQRUSXEOLFRIILFHUZKRLQYLRODWLRQRIWKHGXWLHVRIKLVSURIHVVLRQRURIILFHVKDOOFRRSHUDWHLQWKHH[HFXWLRQRIDQ\RIWKHFULPHVPHQWLRQHGLQ

WKHWZRQH[WSUHFHGLQJSDUDJUDSKVVKDOOVXIIHUWKHSHQDOWLHVWKHUHLQSUHVFULEHGDQGDOVR

WKHSHQDOW\RIWHPSRUDU\VSHFLDOGLVTXDOLILFDWLRQ

$57,&/( 8VXUSDWLRQRIFLYLOVWDWXV ² 7KH SHQDOW\RI SULVLRQ PD\RU VKDOO

EHLPSRVHGXSRQDQ\SHUVRQZKRVKDOOXVXUSWKHFLYLOVWDWXVRIDQRWKHUVKRXOGKHGRVR

IRUWKH SXUSRVH RIGHIUDXGLQJWKH RIIHQGHGSDUW\RUKLV KHLUV RWKHUZLVH RWKHUZLVH WKHSHQDOW\RI SULVLRQFRUUHFFLRQDO LQ LWV PHGLXP DQG PD[LPXPSHULRGVVKDOOEHLPSRVHG



&+$37(57:2

,OOHJDO0DUULDJHV

$57,&/( %LJDP\ ² 7KH SHQDOW\RI SULVLRQ PD\RUVKDOOEHLPSRVHGXSRQ

DQ\ SHUVRQ ZKR VKDOO FRQWUDFW D VHFRQG RU VXEVHTXHQW PDUULDJH EHIRUH WKH IRUPHU

PDUULDJH KDV EHHQ OHJDOO\ GLVVROYHG RU EHIRUH WKH DEVHQW VSRXVH KDV EHHQ GHFODUHGSUHVXPSWLYHO\GHDGE\PHDQVRIDMXGJPHQWUHQGHUHGLQWKHSURSHUSURFHHGLQJV

$57,&/( 0DUULDJHFRQWUDFWHG DJDLQVWSURYLVLRQVRI ODZV ² 7KHSHQDOW\RI SULVLRQFRUUHFFLRQDO LQLWVPHGLXPDQGPD[LPXPSHULRGVVKDOOEHLPSRVHGXSRQDQ\

SHUVRQZKRZLWKRXWEHLQJLQFOXGHGLQWKHSURYLVLRQVRIWKHQH[WSURFHHGLQJDUWLFOHVKDOO

KDYHQRWEHHQFRPSOLHGZLWKRUWKDWWKHPDUULDJHLVLQGLVUHJDUGRIDOHJDOLPSHGLPHQW

,IHLWKHURIWKHFRQWUDFWLQJSDUWLHVVKDOOREWDLQWKHFRQVHQWRIWKHRWKHUE\PHDQV

RIYLROHQFHLQWLPLGDWLRQRUIUDXGKHVKDOOEHSXQLVKHGE\WKHPD[LPXPSHULRGRIWKHSHQDOW\SURYLGHGLQWKHQH[WSUHFHGLQJSDUDJUDSK

$57,&/( 3UHPDWXUH PDUULDJH ² $Q\ ZLGRZ ZKR VKDOO PDUU\ ZLWKLQ

WKUHHKXQGUHGDQGRQHGD\VIURPWKHGDWHRIWKHGHDWKRIKHUKXVEDQGRUEHIRUHKDYLQJGHOLYHUHG LIVKHVKDOOKDYHEHHQSUHJQDQW DWWKHWLPHRIKLV GHDWK VKDOOEHSXQLVKHGE\

DUUHVWRPD\RUDQG D ILQH QRW H[FHHGLQJSHVRV

7KHVDPHSHQDOWLHVVKDOOEHLPSRVHGXSRQDQ\ZRPDQZKRVHPDUULDJHVKDOOKDYH

EHHQDQQXOOHGRUGLVVROYHGLIVKHVKDOOPDUU\EHIRUHKHUGHOLYHU\RUEHIRUHWKHH[SLUDWLRQ

RIWKHSHULRGRIWKUHHKXQGUHGDQGRQHGD\VDIWHUWKHOHJDOVHSDUDWLRQ

$57,&/( 3HUIRUPDQFH RI LOOHJDO PDUULDJH FHUHPRQ\ ² 3ULHVWV RU

PLQLVWHUVRIDQ\UHOLJLRXVGHQRPLQDWLRQRUVHFWRUFLYLODXWKRULWLHVZKRVKDOOSHUIRUPRUDXWKRUL]H DQ\ LOOHJDO PDUULDJH FHUHPRQ\ VKDOO EH SXQLVKHG LQ DFFRUGDQFH ZLWK WKH

SURYLVLRQVRIWKH0DUULDJH/DZ

$SSURYHG'HFHPEHU

Documents

Republic Act 3815