EEE-TG1K220UP

Aluminum Electrolytic Capacitors Surface Mount Type TG series V type Features ● ● ● ● ● ● Endurance : 125 ℃ 1000 h to 2000 h Miniaturization (40 % less than TA series) Low ESR (Low temp) Vibration-proof product (30G guaranteed) is available upon request AEC-Q200 compliant RoHS compliant (Part No. φ8 to φ10 : EEE✽, φ12.5 to φ18 : EEV✽) Specifications Category temp. range Rated voltage range Capacitance range Capacitance tolerance Leakage current Dissipation factor (tan δ) –40 ℃ to +125 ℃ 10 V to 100 V 10 μF to 4700 μF ±20 % (120 Hz / +20 ℃) I ≦ 0.01 CV（μA） After 2 minutes Please see the attached characteristics list Rated voltage (V) 10 16 25 35 50 63 80 100 Z (–25 ℃) / Z (+20 ℃) 3 2 2 2 2 2 2 2 (Impedance ratio at 120 Hz) Z (–40 ℃) / Z (+20 ℃) 6 4 4 3 3 3 3 3 After applying rated working voltage for 1000 hours (φ8×6.2), 2000 hours (φ8×10.2 ≦) at +125 ℃ ± 2 ℃ and then being stabilized at +20 ℃, capacitors shall meet the following limits. Capacitance change Within ±30 % of the initial value (code U : ±35 %) Dissipation factor（tan δ) ≦ 300 % of the initial limit (code U : ±350 %) Leakage current Within the initial limit After storage for 1000 hours at +125 ℃ ± 2 ℃ with no voltage applied and then being stabilized at +20 °C, capacitors shall meet the limits specified in endurance. (With voltage treatment) After reflow soldering and then being stabilized at +20 ℃, capacitors shall meet the following limits. Capacitance change Within ±10 % of the initial value Dissipation factor（tan δ) Within the initial limit Leakage current Within the initial limit Characteristics at low temperature Endurance Shelf life Resistance to soldering heat Frequency correction factor for ripple current Frequency (Hz) Correction factor 120 0.65 Marking color : BLACK Negative polarity 1000 A TG marking (–) Lot number 10 16 25 35 K （I） W Pressure Relief (φ10 and larger) Capacitance (μF) （P） B±0.2 L Marking color : BLACK （）Reference size Series identification Rated voltage code R.voltage code H Mark for Lead-Free products (Black dot) Rated voltage code Example: 10 V 1000 μF ・Lead-Free　(≧ φ12.5) A C E V Series identification φD±0.5 Lot number A±0.2 0.3 max. Capacitance (μF) 100 A TG marking (–) 100 k to 1.00 Dimensions Example : 10 V 100 μF ・Lead-Free　(≦ φ10) Negative polarity 10 k 0.95 （I） Marking 1k 0.85 Unit：V H J K 2A 50 63 80 100 Size code E F G H13 J16 K16 φD 8.0 8.0 10.0 12.5 16.0 18.0 L 6.2±0.3 10.2±0.3 10.2±0.3 13.5±0.5 16.5±0.5 16.5±0.5 A、B 8.3 8.3 10.3 13.5 17.0 19.0 H 9.5 max. 10.0 max. 12.0 max. 15.0 max. 19.0 max. 21.0 max. I 3.4 3.4 3.5 4.7 5.5 6.7 W 0.65±0.1 0.90±0.2 0.90±0.2 0.90±0.3 1.20±0.3 1.20±0.3 P 2.2 3.1 4.6 4.4 6.7 6.7 Unit：mm K 0.35 +0.15 ー0.20 0.70±0.2 0.70±0.2 0.70±0.3 0.70±0.3 0.70±0.3 ・The dimensions of the vibration-proof products, please refer to the page of the mounting specification. Design and specifications are each subject to change without notice. Ask factory for the current technical specifications before purchase and/or use. Should a safety concern arise regarding this product, please be sure to contact us immediately. 06-Dec-19 Aluminum Electrolytic Capacitors (SMD Type) Dimensions (Vibration-proof products) ✽ The size and shape are different from standard products. Please inquire details of our company. φD H A, B max. L D 6.3 6.1 D8 E F G H13 J16 K16 K21 6.3 8.0 8.0 10.0 12.5 16.0 18.0 18.0 8.0 6.5 10.5 10.5 13.8 16.8 16.8 21.8 R (P) B±0.2 (S) H D±0.5 F W *1：E to G : L±0.3 W P ( ) Reference size Supportive Terminals H13 to K21 : L±0.5 I (I) (I) T L*1 ( ) Reference size Supportive Terminals A±0.2 (I) R (P) (S) B±0.2 D±0.5 H T W L±0.3 Size code F K A±0.2 F (I) < Size code：E, F, G, H13, J16, K16, K21 > K < Size code：D, D8 > Unit：ｍｍ K +0.15 －0.20 +0.15 －0.20 +0.15 －0.20 6.6 7.8 0 to +0.15 2.4 0.65±0.1 2.2 0.35 6.6 8.3 8.3 10.3 13.5 17.0 19.0 19.0 7.8 9.5 10.0 12.0 15.0 19.0 21.0 21.0 0 to +0.15 0 to +0.15 0 to +0.15 0 to +0.15 –0.1 to +0.15 –0.1 to +0.15 –0.1 to +0.15 –0.1 to +0.15 2.4 3.4 3.4 3.5 4.7 5.5 6.7 6.7 0.65±0.1 0.7±0.1 1.2±0.2 1.2±0.2 1.2±0.2 1.4±0.2 1.4±0.2 1.4±0.2 2.2 2.2 3.1 4.6 4.4 6.7 6.7 6.7 0.35 0.35 0.70±0.2 0.70±0.2 0.70±0.3 0.70±0.3 0.70±0.3 0.70±0.3 R S T 1.1±0.2 3.3 1.05±0.2 1.1±0.2 0.70±0.2 0.70±0.2 0.70±0.2 2.2±0.2 3.0±0.2 3.0±0.2 3.0±0.2 3.3 5.3 5.3 6.9 7.1 9.0 11.0 11.0 1.05±0.2 1.7±0.2 1.3±0.2 1.3±0.2 2.4±0.2 1.9±0.2 1.9±0.2 1.9±0.2 Land / Pad pattern The circuit board land/pad pattern size for chip capacitors is specified in the following table. The land pitch influences installation strength and consider it. （Table of board land size vs. capacitor size） ● Standard products Size code c b B (φ4) C (φ5) D (φ6.3) D8 (φ6.3x7.7L) E (φ8x6.2L) F (φ8x10.2L) G (φ10x10.2L) H (φ12.5) J (φ16) K (φ18) b a Land space ● Vibration-proof products 1.0 1.5 1.8 1.8 2.2 3.1 4.6 4.0 6.0 6.0 c 2.5 2.8 3.2 3.2 4.0 4.0 4.1 5.7 6.5 7.5 1.6 1.6 1.6 1.6 1.6 2.0 2.0 2.0 2.5 2.5 （Table of board land size vs. capacitor size） C B A A B Size code B G F H E D G G H D (φ6.3xL6.1） D8 (φ6.3xL8.0） E (φ8x6.5L) F (φ8x10.5L) G (φ10) H (φ12.5) J (φ16) K (φ18) A 1.2 1.2 1.8 2.7 3.9 3.9 5.8 5.8 B 3.6 3.6 4.2 4.0 4.4 6.0 6.8 7.3 C 3.2 3.2 5.0 4.7 4.7 6.9 6.2 6.2 D 2.0 2.0 1.3 1.3 1.3 2.8 3.6 3.6 Unit：ｍｍ E F G H 1.5 1.0 1.2 1.3 1.3 1.8 1.4 1.7 1.9 1.9 1.9 1.9 1.5 1.1 1.1 2.2 1.7 1.7 2.0 2.5 2.5 2.5 2.8 2.8 0.95 0.65 1.0 1.2 0.95 0.65 1.0 1.2 When size “A” is wide, back fi llet can be made, decreasing fi tting strength. C G F < Size code：E, F, G, H, J, K > C Unit：ｍｍ b When size “a” is wide, back fi llet can be made, decreasing fi tting strength. < Size code：D, D8 > C a ＊Take mounting conditions, solderability and fi tting strength into consideration B D B when selecting parts for your company’s design. ＊ The vibration-proof capacitors of size Φ6.3 has support terminals extending A E A from the bottom side to the lead edge. Then, make sure to find appropriate soldering conditions to form fillet on the support terminals if required for B appearance inspection. Design and specifications are each subject to change without notice. Ask factory for the current technical specifications before purchase and/or use. Should a safety concern arise regarding this product, please be sure to contact us immediately. 26-Apr-19 Aluminum Electrolytic Capacitors (SMD Type) TG series Characteristics list Endurance : 125 ℃ 1000 h (φ8×10.2 ≦ : 2000 h) Rated Capacitance voltage (±20 %) (μF) (V) Case size (mm) φD L Specification Size code*1 Ripple *2 current (mA rms) 100 220 330 10 470 1000 1500 2200 3300 4700 100 220 330 16 470 680 1000 2200 3300 47 100 220 25 330 470 680 1000 2200 33 47 100 35 220 330 470 680 1000 8.0 8.0 8.0 8.0 10.0 10.0 12.5 12.5 16.0 16.0 18.0 18.0 8.0 8.0 10.0 10.0 12.5 12.5 12.5 12.5 16.0 16.0 18.0 18.0 8.0 8.0 8.0 8.0 10.0 10.0 12.5 12.5 12.5 16.0 16.0 18.0 18.0 8.0 8.0 8.0 8.0 10.0 10.0 12.5 12.5 16.0 16.0 18.0 18.0 6.2 6.2 10.2 10.2 10.2 10.2 13.5 13.5 16.5 16.5 16.5 16.5 10.2 10.2 10.2 10.2 13.5 13.5 13.5 13.5 16.5 16.5 16.5 16.5 6.2 6.2 10.2 10.2 10.2 10.2 13.5 13.5 13.5 16.5 16.5 16.5 16.5 6.2 6.2 10.2 10.2 10.2 10.2 13.5 13.5 16.5 16.5 16.5 16.5 E (E) F (F) G (G) H13 (H13) J16 (J16) K16 K16 F (F) G (G) H13 H13 H13 (H13) J16 (J16) K16 K16 E (E) F (F) G (G) H13 H13 (H13) J16 (J16) K16 K16 E (E) F (F) G (G) H13 (H13) J16 (J16) K16 K16 100 100 197 197 270 270 800 800 1100 1100 1300 1300 197 197 270 270 800 800 800 800 1100 1100 1300 1300 100 100 197 197 270 270 800 800 800 1100 1100 1300 1300 100 100 197 197 270 270 800 800 1100 1100 1300 1300 ESR*3 （Ω） 1.00 1.00 0.50 0.50 0.30 0.30 0.12 0.12 0.08 0.08 0.075 0.075 0.50 0.50 0.30 0.30 0.12 0.12 0.12 0.12 0.08 0.08 0.075 0.075 1.00 1.00 0.50 0.50 0.30 0.30 0.12 0.12 0.12 0.08 0.08 0.075 0.075 1.00 1.00 0.50 0.50 0.30 0.30 0.12 0.12 0.08 0.08 0.075 0.075 Part No. tanδ Reflow Taping *4 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.32 0.34 0.34 0.36 0.23 0.23 0.23 0.23 0.23 0.23 0.23 0.23 0.23 0.25 0.25 0.27 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.20 0.16 0.16 0.16 0.16 0.16 0.16 0.16 0.16 0.16 0.16 0.16 0.16 Min. Packaging Q'ty (pcs) EEETG1A101P EEETG1A221UP EEETG1A221P EEETG1A331UP EEETG1A331P EEETG1A471UP EEVTG1A102Q EEVTG1A152UQ EEVTG1A222M EEVTG1A332UM EEVTG1A332M EEVTG1A472M EEETG1C101P EEETG1C221UP EEETG1C221P EEETG1C331UP EEVTG1C331Q EEVTG1C471Q EEVTG1C681Q EEVTG1C102UQ EEVTG1C102M EEVTG1C222UM EEVTG1C222M EEVTG1C332M EEETG1E470P EEETG1E101UP EEETG1E101P EEETG1E221UP EEETG1E221P EEETG1E331UP EEVTG1E331Q EEVTG1E471Q EEVTG1E681UQ EEVTG1E681M EEVTG1E102UM EEVTG1E102M EEVTG1E222M EEETG1V330P EEETG1V470UP EEETG1V470P EEETG1V101UP EEETG1V101P EEETG1V221UP EEVTG1V331Q EEVTG1V471UQ EEVTG1V471M EEVTG1V681UM EEVTG1V681M EEVTG1V102M (2) (2) (2) (2) (2) (2) (3) (3) (3) (3) (3) (3) (2) (2) (2) (2) (3) (3) (3) (3) (3) (3) (3) (3) (2) (2) (2) (2) (2) (2) (3) (3) (3) (3) (3) (3) (3) (2) (2) (2) (2) (2) (2) (3) (3) (3) (3) (3) (3) 1000 1000 500 500 500 500 200 200 125 125 125 125 500 500 500 500 200 200 200 200 125 125 125 125 1000 1000 500 500 500 500 200 200 200 125 125 125 125 1000 1000 500 500 500 500 200 200 125 125 125 125 *1: Size code( ): Miniaturization product *2: Ripple current (100 kHz / +125 ℃） *3: ESR (100 kHz / +20 ℃) *4: tan δ (120 Hz / +20 ℃) ・ Please refer to the page of "Reflow Profile" and "The Taping Dimensions". ・ When requesting vibration-proof product, please put the last “V” instead to “P”, “Q”, or “M” Design and specifications are each subject to change without notice. Ask factory for the current technical specifications before purchase and/or use. Should a safety concern arise regarding this product, please be sure to contact us immediately. 06-Dec-19 Aluminum Electrolytic Capacitors (SMD Type) TG series Characteristics list Endurance : 125 ℃ 1000 h (φ8×10.2 ≦ : 2000 h) Rated Capacitance voltage (±20 %) (μF) (V) Case size (mm) φD L Specification Size code*1 Ripple *2 current (mA rms) 10 22 33 47 50 100 220 330 470 680 1000 10 22 33 63 47 100 220 330 470 10 22 33 80 47 100 220 330 470 10 22 100 33 47 100 220 330 8.0 8.0 8.0 8.0 8.0 10.0 10.0 12.5 12.5 16.0 16.0 18.0 18.0 8.0 8.0 8.0 10.0 8.0 10.0 10.0 12.5 12.5 16.0 16.0 8.0 8.0 10.0 8.0 10.0 10.0 12.5 12.5 16.0 16.0 18.0 16.0 18.0 18.0 8.0 8.0 10.0 10.0 12.5 16.0 18.0 18 6.2 6.2 6.2 10.2 10.2 10.2 10.2 13.5 13.5 16.5 16.5 16.5 16.5 6.2 10.2 10.2 10.2 10.2 10.2 10.2 13.5 13.5 16.5 16.5 10.2 10.2 10.2 10.2 10.2 10.2 13.5 13.5 16.5 16.5 16.5 16.5 16.5 16.5 10.2 10.2 10.2 10.2 13.5 16.5 16.5 16.5 E E (E) F (F) G (G) H13 H13 J16 (J16) K16 K16 E F (F) G (F) G (G) H13 H13 J16 J16 F (F) G (F) G (G) H13 (H13) J16 (J16) K16 (J16) K16 K16 F (F) G G H13 J16 K16 K16 80 80 80 133 133 221 221 600 600 900 900 950 950 55 100 100 150 100 150 150 350 350 500 500 70 70 90 70 90 90 250 250 350 350 400 350 400 400 70 70 90 90 250 350 400 400 ESR*3 （Ω） 1.60 1.60 1.60 0.75 0.75 0.50 0.50 0.23 0.23 0.15 0.15 0.14 0.14 2.20 1.00 1.00 0.80 1.00 0.80 0.80 0.26 0.26 0.18 0.18 1.30 1.30 1.00 1.30 1.00 1.00 0.42 0.42 0.30 0.30 0.28 0.30 0.28 0.28 1.30 1.30 1.00 1.00 0.42 0.30 0.28 0.28 Part No. tanδ Reflow Taping *4 0.14 0.14 0.14 0.14 0.14 0.14 0.14 0.14 0.14 0.14 0.14 0.14 0.14 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 Min. Packaging Q'ty (pcs) EEETG1H100P EEETG1H220P EEETG1H330UP EEETG1H330P EEETG1H470UP EEETG1H470P EEETG1H101UP EEVTG1H221Q EEVTG1H331Q EEVTG1H471M EEVTG1H681UM EEVTG1H681M EEVTG1H102M EEETG1J100P EEETG1J220P EEETG1J330UP EEETG1J330P EEETG1J470UP EEETG1J470P EEETG1J101UP EEVTG1J101Q EEVTG1J221Q EEVTG1J331M EEVTG1J471M EEETG1K100P EEETG1K220UP EEETG1K220P EEETG1K330UP EEETG1K330P EEETG1K470UP EEVTG1K470Q EEVTG1K101UQ EEVTG1K101M EEVTG1K221UM EEVTG1K221M EEVTG1K331UM EEVTG1K331M EEVTG1K471M EEETG2A100P EEETG2A220UP EEETG2A220P EEETG2A330P EEVTG2A470Q EEVTG2A101M EEVTG2A221M EEVTG2A331M (2) (2) (2) (2) (2) (2) (2) (3) (3) (3) (3) (3) (3) (2) (2) (2) (2) (2) (2) (2) (3) (3) (3) (3) (2) (2) (2) (2) (2) (2) (3) (3) (3) (3) (3) (3) (3) (3) (2) (2) (2) (2) (3) (3) (3) (3) 1000 1000 1000 500 500 500 500 200 200 125 125 125 125 1000 500 500 500 500 500 500 200 200 125 125 500 500 500 500 500 500 200 200 125 125 125 125 125 125 500 500 500 500 200 125 125 125 *1: Size code( ): Miniaturization product *2: Ripple current (100 kHz / +125 ℃） *3: ESR (100 kHz / +20 ℃) *4: tan δ (120 Hz / +20 ℃) ・ Please refer to the page of "Reflow Profile" and "The Taping Dimensions". ・ When requesting vibration-proof product, please put the last “V” instead to “P”, “Q”, or “M” Design and specifications are each subject to change without notice. Ask factory for the current technical specifications before purchase and/or use. Should a safety concern arise regarding this product, please be sure to contact us immediately. 06-Dec-19 *XLGHOLQHVDQGSUHFDXWLRQVUHJDUGLQJWKH WHFKQLFDOLQIRUPDWLRQDQGXVHRIRXUSURGXFWV GHVFULEHGLQWKLVRQOLQHFDWDORJ ‫ٹ‬,I\RXZDQWWRXVHRXUSURGXFWVGHVFULEHGLQWKLVRQOLQHFDWDORJIRUDSSOLFDWLRQVUHTXLULQJ VSHFLDOTXDOLWLHVRUUHOLDELOLW\RUIRUDSSOLFDWLRQVZKHUHWKHIDLOXUHRUPDOIXQFWLRQRIWKH SURGXFWVPD\GLUHFWO\MHRSDUGL]HKXPDQOLIHRUSRWHQWLDOO\FDXVHSHUVRQDOLQMXU\ HJDLUFUDIWDQGDHURVSDFHHTXLSPHQWWUDIILFDQGWUDQVSRUWDWLRQHTXLSPHQWFRPEXVWLRQ HTXLSPHQWPHGLFDOHTXLSPHQWDFFLGHQWSUHYHQWLRQDQWLFULPHHTXLSPHQWDQGRUVDIHW\ HTXLSPHQWLWLVQHFHVVDU\WRYHULI\ZKHWKHUWKHVSHFLILFDWLRQVRIRXUSURGXFWVILWWRVXFK DSSOLFDWLRQV3OHDVHHQVXUHWKDW\RXZLOODVNDQGFKHFNZLWKRXULQTXLU\GHVNDVWRZKHWKHU WKHVSHFLILFDWLRQVRIRXUSURGXFWVILWWRVXFKDSSOLFDWLRQVXVHEHIRUH\RXXVHRXUSURGXFWV ‫ٹ‬7KHTXDOLW\DQGSHUIRUPDQFHRIRXUSURGXFWVDVGHVFULEHGLQWKLVRQOLQHFDWDORJRQO\DSSO\ WRRXUSURGXFWVZKHQXVHGLQLVRODWLRQ7KHUHIRUHSOHDVHHQVXUH\RXHYDOXDWHDQGYHULI\ RXUSURGXFWVXQGHUWKHVSHFLILFFLUFXPVWDQFHVLQZKLFKRXUSURGXFWVDUHDVVHPEOHGLQ\RXU RZQSURGXFWVDQGLQZKLFKRXUSURGXFWVZLOODFWXDOO\EHXVHG ‫ٹ‬,I\RXXVHRXUSURGXFWVLQHTXLSPHQWWKDWUHTXLUHVDKLJKGHJUHHRIUHOLDELOLW\UHJDUGOHVV RIWKHDSSOLFDWLRQLWLVUHFRPPHQGHGWKDW\RXVHWXSSURWHFWLRQFLUFXLWVDQGUHGXQGDQF\ FLUFXLWVLQRUGHUWRHQVXUHVDIHW\RI\RXUHTXLSPHQW ‫ٹ‬7KHSURGXFWVDQGSURGXFWVSHFLILFDWLRQVGHVFULEHGLQWKLVRQOLQHFDWDORJDUHVXEMHFWWR FKDQJHIRULPSURYHPHQWZLWKRXWSULRUQRWLFH7KHUHIRUHSOHDVHEHVXUHWRUHTXHVWDQG FRQILUPWKHODWHVWSURGXFWVSHFLILFDWLRQVZKLFKH[SODLQWKHVSHFLILFDWLRQVRIRXUSURGXFWVLQ GHWDLOEHIRUH\RXILQDOL]HWKHGHVLJQRI\RXUDSSOLFDWLRQVSXUFKDVHRUXVHRXUSURGXFWV ‫ٹ‬7KHWHFKQLFDOLQIRUPDWLRQLQWKLVRQOLQHFDWDORJSURYLGHVH[DPSOHVRIRXUSURGXFWV  W\SLFDORSHUDWLRQVDQGDSSOLFDWLRQFLUFXLWV:HGRQRWJXDUDQWHHWKHQRQLQIULQJHPHQWRI WKLUGSDUW\ VLQWHOOHFWXDOSURSHUW\ULJKWVDQGZHGRQRWJUDQWDQ\OLFHQVHULJKWRULQWHUHVW LQRXULQWHOOHFWXDOSURSHUW\ ‫ٹ‬,IDQ\RIRXUSURGXFWVSURGXFWVSHFLILFDWLRQVDQGRUWHFKQLFDOLQIRUPDWLRQLQWKLVRQOLQH FDWDORJLVWREHH[SRUWHGRUSURYLGHGWRQRQUHVLGHQWVWKHODZVDQGUHJXODWLRQVRIWKH H[SRUWLQJFRXQWU\HVSHFLDOO\ZLWKUHJDUGWRVHFXULW\DQGH[SRUWFRQWUROVKDOOEHREVHUYHG 5HJDUGLQJWKH&HUWLILFDWHRI&RPSOLDQFHZLWK WKH(85R+6'LUHFWLYH5($&+5HJXODWLRQV! ‫ٹ‬7KHVZLWFKRYHUGDWHIRUFRPSOLDQFHZLWKWKH5R+6'LUHFWLYH5($&+5HJXODWLRQVYDULHV GHSHQGLQJRQWKHSDUWQXPEHURUVHULHVRIRXUSURGXFWV ‫ٹ‬:KHQ\RXXVHWKHLQYHQWRU\RIRXUSURGXFWVIRUZKLFKLWLVXQFOHDUZKHWKHUWKRVHSURGXFWV DUHFRPSOLDQWZLWKWKH5R+6'LUHFWLYH5($&+5HJXODWLRQSOHDVHVHOHFW6DOHV,QTXLU\LQWKH ZHEVLWHLQTXLU\IRUPDQGFRQWDFWXV :HGRQRWWDNHDQ\UHVSRQVLELOLW\IRUWKHXVHRIRXUSURGXFWVRXWVLGHWKHVFRSHRIWKH VSHFLILFDWLRQVGHVFULSWLRQVJXLGHOLQHVDQGSUHFDXWLRQVGHVFULEHGLQWKLVRQOLQHFDWDORJ 'HF 1RWLFHV,WHPVWREHREVHUYHG 1RWLFHV ‫ٹ‬$SSOLFDEOHODZVDQGUHJXODWLRQV 嵣7KLVSURGXFWFRPSOLHVZLWKWKH5R+6'LUHFWLYH5HVWULFWLRQRIWKHXVHRIFHUWDLQKD]DUGRXVVXEVWDQFHVLQ HOHFWULFDODQGHOHFWURQLFHTXLSPHQW',5(&7,9((8DQG‫(ق‬8 嵣1R2]RQH'HSOHWLQJ&KHPLFDOV2'& VFRQWUROOHGXQGHUWKH0RQWUHDO3URWRFRO$JUHHPHQWDUHXVHGLQ SURGXFLQJWKLVSURGXFW 岜:HGRQRWXVH3%%VRU3%'(VDVEURPLQDWHGIODPHUHWDUGDQWV 嵣([SRUWSURFHGXUHZKLFKIROORZHGH[SRUWUHODWHGUHJXODWLRQVVXFKDVIRUHLJQH[FKDQJHDQGDIRUHLJQWUDGH PHWKRGRQWKHRFFDVLRQRIH[SRUWRIWKLVSURGXFW 嵣7KHVHSURGXFWVDUHQRWGDQJHURXVJRRGVRQWKHWUDQVSRUWDWLRQDVLGHQWLILHGE\818QLWHG1DWLRQVQXPEHUV RU81FODVVLILFDWLRQ ‫ٹ‬/LPLWHGDSSOLFDWLRQV 嵣7KLVFDSDFLWRULVGHVLJQHGWREHXVHGIRUHOHFWURQLFVFLUFXLWVVXFKDVDXGLRYLVXDOHTXLSPHQWKRPH DSSOLDQFHVFRPSXWHUVDQGRWKHURIILFHHTXLSPHQWRSWLFDOHTXLSPHQWPHDVXULQJHTXLSPHQW 嵣+LJKUHOLDELOLW\DQGVDIHW\DUHUHTXLUHG>EHDSRVVLELOLW\WKDWLQFRUUHFWRSHUDWLRQRIWKLVSURGXFWPD\GRKDUP 岜WRDKXPDQOLIHRUSURSHUW\@PRUH:KHQXVHLVFRQVLGHUHGE\WKHXVHWKHGHOLYHU\VSHFLILFDWLRQVZKLFKVXLWHG WKHXVHVHSDUDWHO\QHHGWREHH[FKDQJHG ‫ٹ‬,QWHOOHFWXDOSURSHUW\ULJKWVDQGOLFHQVHV 嵣7KHWHFKQLFDOLQIRUPDWLRQLQWKLVVSHFLILFDWLRQSURYLGHVH[DPSOHVRIRXUSURGXFWV W\SLFDORSHUDWLRQVDQGDSSOLFDWLRQ FLUFXLWV:HGRQRWJXDUDQWHHWKHQRQLQIULQJHPHQWRIWKLUGSDUW\ VLQWHOOHFWXDOSURSHUW\ULJKWVDQGZHGRQRWJUDQW DQ\OLFHQVHULJKWRULQWHUHVWLQRXULQWHOOHFWXDOSURSHUW\ ,WHPVWREHREVHUYHG ‫)ٹ‬RUVSHFLILFDWLRQ 嵣7KLVVSHFLILFDWLRQJXDUDQWHHVWKHTXDOLW\DQGSHUIRUPDQFHRIWKHSURGXFWDVLQGLYLGXDOFRPSRQHQWV 7KHGXUDELOLW\GLIIHUVGHSHQGLQJRQWKHHQYLURQPHQWDQGWKHFRQGLWLRQVRIXVDJH %HIRUHXVHFKHFNDQGHYDOXDWHWKHLUFRPSDWLELOLW\ZLWKDFWXDOFRQGLWLRQVZKHQLQVWDOOHGLQWKHSURGXFWV :KHQVDIHW\UHTXLUHPHQWVFDQQRWEHVDWLVILHGLQ\RXUWHFKQLFDOH[DPLQDWLRQLQIRUPXVLPPHGLDWHO\ 嵣'RQRWXVHWKHSURGXFWVEH\RQGWKHVSHFLILFDWLRQVGHVFULEHGLQWKLVGRFXPHQW ‫ٹ‬8SRQDSSOLFDWLRQWRSURGXFWVZKHUHVDIHW\LVUHJDUGHGDVLPSRUWDQW ,QVWDOOWKHIROORZLQJV\VWHPVIRUDIDLOVDIHGHVLJQWRHQVXUHVDIHW\LIWKHVHSURGXFWVDUHWREHXVHGLQ HTXLSPHQWZKHUHDGHIHFWLQWKHVHSURGXFWVPD\FDXVHWKHORVVRIKXPDQOLIHRURWKHUVLJQLILFDWLRQGDPDJH VXFKDVGDPDJHWRYHKLFOHVDXWRPRELOHWUDLQYHVVHOWUDIILFOLJKWVPHGLFDOHTXLSPHQWDHURVSDFHHTXLSPHQW HOHFWULFKHDWLQJDSSOLDQFHVFRPEXVWLRQJDVHTXLSPHQWURWDWLQJURWDWLQJHTXLSPHQWDQGGLVDVWHUFULPH SUHYHQWLRQHTXLSPHQW 7KHV\VWHPLVHTXLSSHGZLWKDSURWHFWLRQFLUFXLWDQGSURWHFWLRQGHYLFH 7KHV\VWHPLVHTXLSSHGZLWKDUHGXQGDQWFLUFXLWRURWKHUV\VWHPWRSUHYHQWDQXQVDIHVWDWXVLQWKHHYHQW RIDVLQJOHIDXOW ‫&ٹ‬RQGLWLRQVRIXVH 嵣%HIRUHXVLQJWKHSURGXFWVFDUHIXOO\FKHFNWKHHIIHFWVRQWKHLUTXDOLW\DQGSHUIRUPDQFHDQGGHWHUPLQHG 岜ZKHWKHURUQRWWKH\FDQEHXVHG7KHVHSURGXFWVDUHGHVLJQHGDQGPDQXIDFWXUHGIRUJHQHUDOSXUSRVHDQG 岜VWDQGDUGXVHLQJHQHUDOHOHFWURQLFHTXLSPHQW7KHVHSURGXFWVDUHQRWLQWHQGHGIRUXVHLQWKHIROORZLQJVSHFLDO 岜FRQGLWLRQV ,QOLTXLGVXFKDV:DWHU2LO&KHPLFDOVRU2UJDQLFVROYHQW ,QGLUHFWVXQOLJKWRXWGRRUVRULQGXVW ,QYDSRUVXFKDVGHZFRQGHQVDWLRQZDWHURIUHVLVWLYHHOHPHQWRUZDWHUOHDNDJHVDOW\DLURUDLUZLWKD KLJKFRQFHQWUDWLRQFRUURVLYHJDVVXFKDV&O+61+62RU12[ ,QDQHQYLURQPHQWZKHUHVWURQJVWDWLFHOHFWULFLW\RUHOHFWURPDJQHWLFZDYHVH[LVW 0RXQWLQJRUSODFLQJKHDWJHQHUDWLQJFRPSRQHQWVRULQIODPPDEOHVVXFKDVYLQ\OFRDWHGZLUHVQHDU WKHVHSURGXFWV 6HDOLQJRUFRDWLQJRIWKHVHSURGXFWVRUDSULQWHGFLUFXLWERDUGRQZKLFKWKHVHSURGXFWVDUHPRXQWHG ZLWKUHVLQDQGRWKHUPDWHULDO 8VLQJUHVROYHQWZDWHURUZDWHUVROXEOHFOHDQHUIRUIOX[FOHDQLQJDJHQWDIWHUVROGHULQJ,QSDUWLFXODU ZKHQXVLQJZDWHURUDZDWHUVROXEOHFOHDQLQJDJHQWEHFDUHIXOQRWWROHDYHZDWHUUHVLGXHV 8VLQJLQWKHDWPRVSKHUHZKHUHVWUD\VDFLGRUDONDOLQH 8VLQJLQWKHDWPRVSKHUHZKHUHWKHUHDUHH[FHVVLYHYLEUDWLRQDQGVKRFN 嵣3OHDVHDUUDQJHFLUFXLWGHVLJQIRUSUHYHQWLQJLPSXOVHRUWUDQVLWLRQDOYROWDJH 岜'RQRWDSSO\YROWDJHZKLFKH[FHHGVWKHIXOOUDWHGYROWDJHZKHQWKHFDSDFLWRUVUHFHLYHLPSXOVHYROWDJH 岜LQVWDQWDQHRXVKLJKYROWDJHKLJKSXOVHYROWDJHHWF 嵣2XUSURGXFWVWKHUHLVDSURGXFWDUHXVLQJDQHOHFWURO\WHVROXWLRQ7KHUHIRUHPLVXVHFDQUHVXOWLQUDSLG 岜GHWHULRUDWLRQRIFKDUDFWHULVWLFVDQGIXQFWLRQVRIHDFKSURGXFW(OHFWURO\WHOHDNDJHGDPDJHVSULQWHGFLUFXLWDQG DIIHFWVSHUIRUPDQFHFKDUDFWHULVWLFVDQGIXQFWLRQVRIFXVWRPHUV\VWHP 'HF $OXPLQXP(OHFWURO\WLF&DSDFLWRUV60'7\SH 岜岜$SSOLFDWLRQJXLGHOLQHV‫ق‬60'7\SH‫ك‬ 岜 &LUFXLWGHVLJQ 2SHUDWLQJWHPSHUDWXUHDQGIUHTXHQF\ (OHFWULFDOFKDUDFWHULVWLFVRIWKHFDSDFLWRUDUHOLNHO\WRFKDQJHGXHWRYDULDWLRQLQWHPSHUDWXUHDQGRUIUHTXHQF\ &LUFXLWGHVLJQHUVVKRXOGWDNHWKHVHFKDQJHVLQWRFRQVLGHUDWLRQ (IIHFWVRIRSHUDWLQJWHPSHUDWXUHRQHOHFWULFDOSDUDPHWHUV $WKLJKHUWHPSHUDWXUHV OHDNDJHFXUUHQWDQGFDSDFLWDQFHLQFUHDVHZKLOHHTXLYDOHQWVHULHVUHVLVWDQFH (65GHFUHDVHV $WORZHUWHPSHUDWXUHV OHDNDJHFXUUHQWDQGFDSDFLWDQFHGHFUHDVHZKLOHHTXLYDOHQWVHULHVUHVLVWDQFH (65LQFUHDVHV (IIHFWVRIIUHTXHQF\RQHOHFWULFDOSDUDPHWHUV $WKLJKHUIUHTXHQFLHV FDSDFLWDQFHDQGLPSHGDQFHGHFUHDVHZKLOHWDQGLQFUHDVHV $WORZHUIUHTXHQFLHV KHDWJHQHUDWHGE\ULSSOHFXUUHQWZLOOULVHGXHWRDQLQFUHDVHLQHTXLYDOHQW VHULHVUHVLVWDQFH(65 2SHUDWLQJWHPSHUDWXUHDQGOLIHH[SHFWDQF\ ([SHFWHGOLIHLVDIIHFWHGE\RSHUDWLQJWHPSHUDWXUH*HQHUDOO\HDFK&UHGXFWLRQLQWHPSHUDWXUHZLOO GRXEOHWKHH[SHFWHGOLIH8VHFDSDFLWRUVDWWKHORZHVWSRVVLEOHWHPSHUDWXUHEHORZWKHXSSHUFDWHJRU\ WHPSHUDWXUH ,IRSHUDWLQJWHPSHUDWXUHVH[FHHGWKHXSSHUFDWHJRU\OLPLWUDSLGGHWHULRUDWLRQRIHOHFWULFDOSDUDPHWHU ZLOORFFXUDQGLUUHYHUVLEOHGDPDJHZLOOUHVXOW &KHFNIRUWKHPD[LPXPFDSDFLWRURSHUDWLQJWHPSHUDWXUHVLQFOXGLQJDPELHQWWHPSHUDWXUHLQWHUQDO FDSDFLWRUWHPSHUDWXUHULVHGXHWRULSSOHFXUUHQWDQGWKHHIIHFWVRIUDGLDWHGKHDWIURPSRZHUWUDQVLVWRUV ,& VRUUHVLVWRUV $YRLGSODFLQJFRPSRQHQWVZKLFKFRXOGFRQGXFWKHDWWRWKHFDSDFLWRUIURPWKHEDFNVLGHRIWKHFLUFXLWERDUG 7KHIRUPXODIRUFDOFXODWLQJH[SHFWHGOLIHDWORZHURSHUDWLQJWHPSHUDWXUHVLVDVIROORZV 77 / /¼  / ‫*؟‬XDUDQWHHGOLIHKDWWHPSHUDWXUH7& / ‫[(؟‬SHFWHGOLIHKDWWHPSHUDWXUH7& 7 ‫؟‬8SSHUFDWHJRU\WHPSHUDWXUH& 7 ‫؟‬$FWXDORSHUDWLQJWHPSHUDWXUHDPELHQWWHPSHUDWXUHWHPSHUDWXUHULVHGXHWRULSSOHFXUUHQW& 8VLQJWKHFDSDFLWRUEH\RQGWKHHVWLPDWHGOLIHWLPHZLOOUHVXOWLQVKRUWFLUFXLWHOHFWURO\WHOHDNYHQWRSHQ DQGODUJHGHWHULRUDWLRQRIFKDUDFWHULVWLFV7KHOLIHWLPHFDQQRWJRDERYH\HDUVGXHWRDJLQJRIVHDOLQJUXEEHU &RPPRQDSSOLFDWLRQFRQGLWLRQVWRDYRLG 7KHIROORZLQJPLVDSSOLFDWLRQORDGFRQGLWLRQVZLOOFDXVHUDSLGGHWHULRUDWLRQRIDFDSDFLWRUbVHOHFWULFDOSDUDPHWHUV ,QDGGLWLRQUDSLGKHDWLQJDQGJDVJHQHUDWLRQZLWKLQWKHFDSDFLWRUFDQRFFXUFDXVLQJWKHSUHVVXUHUHOLHIYHQW WRRSHUDWHDQGUHVXOWDQWOHDNDJHRIHOHFWURO\WH8QGHUH[WUHPHFRQGLWLRQVH[SORVLRQDQGILUHLJQLWLRQFRXOGUHVXOW 7KHOHDNHGHOHFWURO\WHLVFRPEXVWLEOHDQGHOHFWULFDOO\FRQGXFWLYH 5HYHUVHYROWDJH '&FDSDFLWRUVKDYHSRODULW\7KHUHIRUHSOHDVHGRQRWDSSO\WKHUHYHUVHYROWDJH9HULI\FRUUHFWSRODULW\ EHIRUHLQVHUWLRQ )RUFLUFXLWVZLWKFKDQJLQJRUXQFHUWDLQSRODULW\XVH'&ELSRODUFDSDFLWRUV'&ELSRODUFDSDFLWRUVDUHQRW VXLWDEOHIRUXVHLQ$&FLUFXLWV &KDUJH'LVFKDUJHDSSOLFDWLRQV 6WDQGDUGFDSDFLWRUVDUHQRWVXLWDEOHIRUXVHLQUHSHDWLQJFKDUJHGLVFKDUJHDSSOLFDWLRQV)RUFKDUJH GLVFKDUJHDSSOLFDWLRQVFRQVXOWXVZLWK\RXUDFWXDODSSOLFDWLRQFRQGLWLRQ )RUUXVKFXUUHQWSOHDVHWRQRUH[FHHG$ 212))FLUFXLW 'RQRWXVHFDSDFLWRUVLQFLUFXLWZKHUH212))VZLWFKLQJLVUHSHDWHGPRUHWKDQWLPHVSHUGD\ ,QFDVHRIDSSO\LQJWRWKHWKHVHV212))FLUFXLWFRQVXOWZLWKXVDERXWFLUFXLWFRQGLWLRQDQGVRRQ 'HF $OXPLQXP(OHFWURO\WLF&DSDFLWRUV60'7\SH 2YHUYROWDJH 'RQRWDSSO\YROWDJHVH[FHHGLQJWKHPD[LPXPVSHFLILHGUDWHGYROWDJH9ROWDJHVXSWRWKHVXUJHYROWDJH UDWLQJDUHDFFHSWDEOHIRUVKRUWSHULRGVRIWLPH (QVXUHWKDWWKHVXPRIWKH'&YROWDJHDQGWKHVXSHULPSRVHG$&ULSSOHYROWDJHGRHVQRWH[FHHGWKH UDWHGYROWDJH 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&DSDFLWRUVFRQQHFWHGLQSDUDOOHO 7KHFLUFXLWUHVLVWDQFHFDQFORVHO\DSSUR[LPDWHWKHVHULHVUHVLVWDQFHRIWKHFDSDFLWRUFDXVLQJDQLPEDODQFHRI ULSSOHFXUUHQWORDGVZLWKLQWKHFDSDFLWRUV&DUHIXOZLULQJPHWKRGVFDQPLQLPL]HWKHSRVVLEOHDSSOLFDWLRQRIDQ H[FHVVLYHULSSOHFXUUHQWWRDFDSDFLWRU &DSDFLWRUVFRQQHFWHGLQVHULHV 'LIIHUHQFHVLQQRUPDO'&OHDNDJHFXUUHQWDPRQJFDSDFLWRUVFDQFDXVHYROWDJHLPEDODQFHV 7KHXVHRIYROWDJHGLYLGHUVKXQWUHVLVWRUVZLWKFRQVLGHUDWLRQWROHDNDJHFXUUHQWVFDQSUHYHQWFDSDFLWRU YROWDJHLPEDODQFHV 127(3OHDVHGRQRWXVHLQWKHVHULHVLQWKHFDVHRIFRQGXFWLYHSRO\PHUK\EULGDOXPLQXPHOHFWURO\WLFFDSDFLWRU &DSDFLWRUPRXQWLQJFRQVLGHUDWLRQV 'RXEOHVLGHGFLUFXLWERDUGV $YRLGZLULQJSDWWHUQUXQVZKLFKSDVVEHWZHHQWKHPRXQWHGFDSDFLWRUDQGWKHFLUFXLWERDUG &OHDUDQFHIRUFDVHPRXQWHGSUHVVXUHUHOLHI‫̷ۺ‬PP &DSDFLWRUVZLWKFDVHPRXQWHGSUHVVXUHUHOLHIUHTXLUHVXIILFLHQWFOHDUDQFHWRDOORZIRUSURSHUSUHVVXUH UHOLHIRSHUDWLRQ 7KHPLQLPXPFOHDUDQFHDUHGHSHQGHQWRQFDSDFLWRUGLDPHWHUVDVIROORZV 'LDPPWR'LDPPPPPLQLPXP'LDPPPPPLQLPXP :LULQJQHDUWKHSUHVVXUHUHOLHI‫̷ۺ‬PP $YRLGORFDWLQJKLJKYROWDJHRUKLJKFXUUHQWZLULQJRUFLUFXLWERDUGSDWKVDERYHWKHSUHVVXUHUHOLHI )ODPPDEOHKLJKWHPSHUDWXUHJDVWKDWH[FHHGV&PD\EHUHOHDVHGZKLFKFRXOGGLVVROYHWKHZLUH LQVXODWLRQDQGLJQLWH &LUFXLWERDUGSDWWHUQVXQGHUWKHFDSDFLWRU $YRLGFLUFXLWERDUGUXQVXQGHUWKHFDSDFLWRUDVDQHOHFWULFDOVKRUWFDQRFFXUGXHWRDQHOHFWURO\WHOHDNDJH (OHFWULFDOLVRODWLRQRIWKHFDSDFLWRU &RPSOHWHO\LVRODWHWKHFDSDFLWRUDVIROORZV w%HWZHHQWKHFDWKRGHDQGWKHFDVHDQGEHWZHHQWKHDQRGHWHUPLQDODQGRWKHUFLUFXLWSDWKV &DSDFLWRUFRDWLQJ 7KHODPLQDWHFRDWLQJLVLQWHQGHGIRUPDUNLQJDQGLGHQWLILFDWLRQSXUSRVHVDQGLVQRWPHDQWWRHOHFWULFDOO\ LQVXODWHWKHFDSDFLWRU &DSDFLWRUKDQGOLQJWHFKQLTXHV &RQVLGHUDWLRQVEHIRUHXVLQJ &DSDFLWRUVKDYHDILQLWHOLIH'RQRWUHXVHRUUHF\FOHFDSDFLWRUVIURPXVHGHTXLSPHQW 7UDQVLHQWUHFRYHU\YROWDJHPD\EHJHQHUDWHGLQWKHFDSDFLWRUGXHWRGLHOHFWULFDEVRUSWLRQ ,IUHTXLUHGWKLVYROWDJHFDQEHGLVFKDUJHGZLWKDUHVLVWRUZLWKDYDOXHRIDERXWN̚ &DSDFLWRUVVWRUHGIRUDORQJSHULRGRIWLPHPD\H[KLELWDQLQFUHDVHLQOHDNDJHFXUUHQW 7KLVFDQEHFRUUHFWHGE\JUDGXDOO\DSSO\LQJUDWHGYROWDJHLQVHULHVZLWKDUHVLVWRURIDSSUR[LPDWHO\N̚ ,IFDSDFLWRUVDUHGURSSHGWKH\FDQEHGDPDJHGPHFKDQLFDOO\RUHOHFWULFDOO\$YRLGXVLQJGURSSHG FDSDFLWRUV 'HQWHGRUFUXVKHGFDSDFLWRUVVKRXOGQRWEHXVHG 7KHVHDOLQWHJULW\FDQEHGDPDJHGDQGORVVRIHOHFWURO\WHVKRUWHQHGOLIHFDQUHVXOW 'HF $OXPLQXP(OHFWURO\WLF&DSDFLWRUV60'7\SH &DSDFLWRULQVHUWLRQ 9HULI\WKHFRUUHFWFDSDFLWDQFHDQGUDWHGYROWDJHRIWKHFDSDFLWRU 9HULI\WKHFRUUHFWSRODULW\RIWKHFDSDFLWRUEHIRUHLQVHUWLRQ 9HULI\WKHFRUUHFWWHUPLQDOGLPHQVLRQDQGODQGSDWWHUQVL]HEHIRUHPRXQWWRDYRLGVWUHVVRQWKHWHUPLQDOV ([FHVVLYHPRXQWLQJSUHVVXUHFDQFDXVHKLJKOHDNDJHFXUUHQWVKRUWFLUFXLWRUGLVFRQQHFWLRQ 5HIORZVROGHULQJ 6XUIDFHPRXQWW\SHFDSDFLWRUDUHH[FOXVLYHO\IRUUHIORZVROGHULQJ 岜:KHQUHIORZVROGHULVXVHGDQDPELHQWKHDWFRQGLWLRQV\VWHPVXFKDVWKHVLPXOWDQHRXVXVHRILQIUDUHG 岜DQGKRWDLULVUHFRPPHQGHG 2EVHUYHSURSHUVROGHULQJFRQGLWLRQVWHPSHUDWXUHWLPHHWF'RQRWH[FHHGWKHVSHFLILHGOLPLWV ,IWKHSHDNWHPSHUDWXUHLVKLJKRULIWKHKHDWLQJWLPHLVORQJLWPD\FDXVHGHWHULRUDWLRQRIWKHHOHFWULFDO FKDUDFWHULVWLFVDQGOLIHFKDUDFWHULVWLFV 5HFRPPHQGHGVROGHULQJFRQGLWLRQLVDJXLGHOLQHIRUHQVXULQJWKHEDVLFFKDUDFWHULVWLFVRIWKHFRPSRQHQWV EXWQRWIRUWKHVWDEOHVROGHULQJFRQGLWLRQV&RQGLWLRQVIRUSURSHUVROGHULQJVKRXOGEHVHWXSDFFRUGLQJWR LQGLYLGXDORQGLWLRQV 岜嵣7KH7HPSHUDWXUHRQ&DSDFLWRUWRSVKDOOEHPHDVXUHGE\XVLQJWKHUPDOFRXSOHWKDWLVIL[HGILUPO\E\ HSR[\JOXH ,QFDVHRIXVHLQWLPHVUHIORZQGUHIORZPXVWEHGRQHZKHQWKHFDSDFLWRUbVWHPSHUDWXUHUHWXUQEDFN 岜WRQRUPDOOHYHO ,QRXUUHFRPPHQGHGUHIORZFRQGLWLRQWKHFDVHGLVFRORUDWLRQDQGWKHFDVHVZHOOLQJPLJKWEHVOLJKWO\ 岜JHQHUDWHG%XWSOHDVHDFNQRZOHGJHWKDWWKHVHWZRSKHQRPHQDGRQRWLQIOXHQFHWKHUHOLDELOLW\RIWKHSURGXFW 7KHFUDFNRQWRSPDUNLQJPLJKWEHRFFXUUHGE\UHIORZKHDWVWUHVV 岜%XWSOHDVHDFNQRZOHGJHWKDWLWGRHVQRWLQIOXHQFHWKHUHOLDELOLW\RIWKHSURGXFW 9369DSRU3KDVH6ROGHULQJUHIORZFDQFDXVHVLJQLILFDQWFKDUDFWHULVWLFVFKDQJHDQGRUPRXQWLQJIDLOXUH 岜GXHWRGHIRUPDWLRQE\DFXWHWHPSHUDWXUHULVH 岜936LVDFFHSWDEOHSURYLGHGWKDWWKHSURFHVVGRHVQRWH[FHHGUHFRPPHQGHGUHIORZSURILOHDQG 岜WHPSHUDWXUHULVHLVOHVVWKDQGHJ&VHF 岜3OHDVHFRQWDFW3DQDVRQLFIRUGHWDLOHGFRQGLWLRQV 7KHYLEUDWLRQSURRIFDSDFLWRUVRIVL]H̗KDVVXSSRUWWHUPLQDOVH[WHQGLQJIURPWKHERWWRPVLGHWRWKHOHDGHGJH 7KHQPDNHVXUHWRILQGDSSURSULDWHVROGHULQJFRQGLWLRQVWRIRUPILOOHWRQWKHVXSSRUWWHUPLQDOVLIUHTXLUHGIRU DSSHDUDQFHLQVSHFWLRQ+RZHYHUHYHQLIVXIILFLHQWVROGHUILOOHWVDUHQRWREVHUYHGWKHUHOLDELOLW\RI YLEUDWLRQSURRIZLOOQRWEHORZHUHGEHFDXVHWKHVXSSRUWWHUPLQDOVRQWKHERWWRPVLGHHQKDQFHWKHVROGHU MRLQWWR3&% 0DQXDOVROGHULQJ 2EVHUYHWHPSHUDWXUHDQGWLPHVROGHULQJVSHFLILFDWLRQVRUGRQRWH[FHHGWHPSHUDWXUHRI&IRU VHFRQGVRUOHVV ,IDVROGHUHGFDSDFLWRUPXVWEHUHPRYHGDQGUHLQVHUWHGDYRLGH[FHVVLYHVWUHVVRQWKHFDSDFLWRUOHDGV $YRLGSK\VLFDOFRQWDFWVEHWZHHQWKHWLSRIWKHVROGHULQJLURQDQGFDSDFLWRUVWRSUHYHQWRUFDSDFLWRUIDLOXUH &DSDFLWRUKDQGOLQJDIWHUVROGHULQJ $YRLGPRYLQJWKHFDSDFLWRUDIWHUVROGHULQJWRSUHYHQWH[FHVVLYHVWUHVVRQWKHOHDGZLUHVZKHUHWKH\HQWHU WKHVHDO7KHFDSDFLWRUPD\EUHDNIURPHOHPHQWSRUWLRQGXHWRDWRUTXHDWRXWHUULPFDXVLQJDODUJHVWUHVV WRWHUPLQDOV 'RQRWXVHWKHFDSDFLWRUDVDKDQGOHZKHQPRYLQJWKHFLUFXLWERDUGDVVHPEO\7KHWRWDOZHLJKWRIWKH ERDUGZRXOGDSSO\WRHOHPHQWSRUWLRQWKURXJKWHUPLQDOVDQGWKHFDSDFLWRUPD\EUHDN $YRLGVWULNLQJWKHFDSDFLWRUDIWHUDVVHPEO\WRSUHYHQWIDLOXUHGXHWRH[FHVVLYHVKRFN7KHFDSDFLWRUPD\ EUHDNGXHWRH[FHVVLYHVKRFNRUORDGDERYHVSHFLILHGUDQJH &LUFXLWERDUGFOHDQLQJ &LUFXLWERDUGVFDQEHLPPHUVHGRUXOWUDVRQLFDOO\FOHDQHGXVLQJVXLWDEOHFOHDQLQJVROYHQWVIRUXSWR PLQXWHVDQGXSWR&PD[LPXPWHPSHUDWXUHV7KHERDUGVVKRXOGEHWKRURXJKO\ULQVHGDQGGULHG 7KHXVHRIR]RQHGHSOHWLQJFOHDQLQJDJHQWVLVQRWUHFRPPHQGHGIRUWKHSXUSRVHRISURWHFWLQJRXU HQYLURQPHQW 岧7DUJHWVROYHQW岨 3LQH$OSKD676$TXD&OHDQHU6(3&OHDQWKUX+/06XQHOHF% 6XQHOHF%&ROG&OHDQHU37HFKQR&OHDQHU'.%HFOHDU&: 7HOSHQH&OHDQHU(&57HFKQRFDUH)5:)5:)59 'HF $OXPLQXP(OHFWURO\WLF&DSDFLWRUV60'7\SH $YRLGXVLQJWKHIROORZLQJVROYHQWJURXSVXQOHVVVSHFLILFDOO\DOORZHGLQWKHVSHFLILFDWLRQ D+DORJHQDWHGFOHDQLQJVROYHQWV‫؟‬H[FHSWIRUVROYHQWUHVLVWDQWFDSDFLWRUW\SHVKDORJHQDWHGVROYHQWVFDQ SHUPHDWHWKHVHDODQGFDXVHLQWHUQDOFDSDFLWRUFRUURVLRQDQGIDLOXUH )RUVROYHQWUHVLVWDQWFDSDFLWRUVFDUHIXOO\IROORZWKHWHPSHUDWXUHDQGWLPHUHTXLUHPHQWVEDVHGRQWKH VSHFLILFDWLRQWULFKORURHWKDQHVKRXOGQHYHUEHXVHGRQDQ\DOXPLQXPHOHFWURO\WLFFDSDFLWRU E$ONDOLQHVROYHQWV ‫؟‬FRXOGUHDFWDQGGLVVROYHWKHDOXPLQXPFDVH F3HWUROHXPEDVHGVROYHQWV ‫؟‬GHWHULRUDWLRQRIWKHUXEEHUVHDOFRXOGUHVXOW G;\OHQH ‫؟‬GHWHULRUDWLRQRIWKHUXEEHUVHDOFRXOGUHVXOW H$FHWRQH ‫؟‬UHPRYDORIWKHLQNPDUNLQJVRQWKHYLQ\OVOHHYHFRXOGUHVXOW $WKRURXJKGU\LQJDIWHUFOHDQLQJLVUHTXLUHGWRUHPRYHUHVLGXDOFOHDQLQJVROYHQWVWKDWPD\EHWUDSSHG EHWZHHQWKHFDSDFLWRUDQGWKHFLUFXLWERDUG$YRLGGU\LQJWHPSHUDWXUHVZKLFKH[FHHGWKHXSSHUFDWHJRU\ WHPSHUDWXUHRIWKHFDSDFLWRU 0RQLWRUWKHFRQWDPLQDWLRQOHYHOVRIWKHFOHDQLQJVROYHQWVGXULQJXVHLQWHUPVRIHOHFWULFDOFRQGXFWLYLW\ S+VSHFLILFJUDYLW\RUZDWHUFRQWHQW &KORULQHOHYHOVFDQULVHZLWKFRQWDPLQDWLRQDQGDGYHUVHO\DIIHFWWKHSHUIRUPDQFHRIWKHFDSDFLWRU &RQWUROWKHIOX[GHQVLW\LQWKHFOHDQLQJDJHQWWREHOHVVWKDQPDVV 'HSHQGLQJRQWKHFOHDQLQJPHWKRGWKHPDUNLQJRQDFDSDFLWRUPD\EHHUDVHGRUEOXUUHG ‫پ‬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bWSHUIRUPIXPLJDWLRQWUHDWPHQWWRWKHZKROHHOHFWURQLFDSSOLDQFHVSDFNHGLQDER[ /HDYHPRUHWKDQRIWKHVHDOLQJSRUWLRQRSHQDQGGRQRWFRYHUWKDWSRUWLRQZLWKDQ\DGKHVLYHVRUFRDWLQJ )OX[ ,I\RXXVHDKDORJHQW\SH&KORULQHW\SH%URPLQHW\SHHWFKLJKDFWLYLW\IOX[SOHDVHXVHLWDIWHUFRQILUPDWLRQ LQDGYDQFHDVLWPD\KDYHDQLPSDFWRQSHUIRUPDQFHDQGUHOLDELOLW\RIWKLVSURGXFWGXHWRWKHUHVLGXHRIWKHIOX[ 3UHFDXWLRQVIRUXVLQJFDSDFLWRUV (QYLURQPHQWDOFRQGLWLRQV &DSDFLWRUVVKRXOGQRWEHVWRUHGRUXVHGLQWKHIROORZLQJHQYLURQPHQWV ([SRVXUHWRWHPSHUDWXUHVDERYHWKHXSSHUFDWHJRU\RUEHORZWKHORZHUFDWHJRU\WHPSHUDWXUHRIWKHFDSDFLWRU 'LUHFWFRQWDFWZLWKZDWHUVDOWZDWHURURLO +LJKKXPLGLW\FRQGLWLRQVZKHUHZDWHUFRXOGFRQGHQVHRQWKHFDSDFLWRU ([SRVXUHWRWR[LFJDVHVVXFKDVK\GURJHQVXOILGHVXOIXULFDFLGQLWULFDFLGFKORULQHFKORULQHFRPSRXQG EURPLQHEURPLQHFRPSRXQGRUDPPRQLD ([SRVXUHWRR]RQHUDGLDWLRQRUXOWUDYLROHWUD\V 9LEUDWLRQDQGVKRFNFRQGLWLRQVH[FHHGLQJVSHFLILHGUHTXLUHPHQWV (YHQZLWKLQWKHVSHFLILHGUHTXLUHPHQWVDODUJHYLEUDWLRQDFFHOHUDWLRQPD\EHDSSOLHGGXHWRUHVRQDQFH VREHVXUHWRHYDOXDWHDQGFRQILUPZLWKWKHDFWXDOSURGXFW (OHFWULFDOSUHFDXWLRQV $YRLGWRXFKLQJWKHWHUPLQDOVRIDFDSDFLWRUDVDSRVVLEOHHOHFWULFVKRFNFRXOGUHVXOW7KHH[SRVHG DOXPLQXPFDVHLVQRWLQVXODWHGDQGFRXOGDOVRFDXVHHOHFWULFVKRFNLIWRXFKHG $YRLGVKRUWFLUFXLWLQJWKHDUHDEHWZHHQWKHFDSDFLWRUWHUPLQDOVZLWKFRQGXFWLYHPDWHULDOVLQFOXGLQJOLTXLGV VXFKDVDFLGVRUDONDOLQHVROXWLRQV $ORZPROHFXODUZHLJKWVKLUR[DQHZKLFKLVLQFOXGHGLQDVLOLFRQPDWHULDOVKDOOFDXVHVDEQRUPDOHOHFWULFDO FKDUDFWHULVWLFV 'HF $OXPLQXP(OHFWURO\WLF&DSDFLWRUV60'7\SH (PHUJHQF\SURFHGXUHV ,IWKHSUHVVXUHUHOLHIRIWKHFDSDFLWRURSHUDWHVLPPHGLDWHO\WXUQRIIWKHHTXLSPHQWDQGGLVFRQQHFWIURP WKHSRZHUVRXUFH 7KLVZLOOPLQLPL]HDQDGGLWLRQDOGDPDJHFDXVHGE\WKHYDSRUL]LQJHOHFWURO\WH $YRLGFRQWDFWZLWKWKHHVFDSLQJHOHFWURO\WHJDVZKLFKFDQH[FHHG&WHPSHUDWXUHV ,IHOHFWURO\WHRUJDVHQWHUVWKHH\HLPPHGLDWHO\IOXVKWKHH\HZLWKODUJHDPRXQWVRIZDWHU ,IHOHFWURO\WHRUJDVLVLQJHVWHGE\PRXWKJDUJOHZLWKZDWHU ,IHOHFWURO\WHFRQWDFWVWKHVNLQZDVKZLWKVRDSDQGZDWHU /RQJWHUPVWRUDJH 岜/HDNDJHFXUUHQWRIDFDSDFLWRULQFUHDVHVZLWKORQJVWRUDJHWLPHV7KHDOXPLQXPR[LGHILOPGHWHULRUDWHVDVD 岜IXQFWLRQRIWHPSHUDWXUHDQGWLPH 岜,IXVHGZLWKRXWUHFRQGLWLRQLQJDQDEQRUPDOO\KLJKFXUUHQWZLOOEHUHTXLUHGWRUHVWRUHWKHR[LGHILOP 岜7KLVVXUJHFXUUHQWFRXOGFDXVHWKHFLUFXLWRUWKHFDSDFLWRUWRIDLO 岜([SLUDWLRQGDWHLVPRQWKVIURPRXWJRLQJLQVSHFWLRQGDWH 岜+RZHYHUH[SLUDWLRQGDWHIRUVHULHVZKLFKDUHQRWOLVWHGEHORZLVPRQWKVIURPRXWJRLQJLQVSHFWLRQGDWH 6HULHV 6‫ق‬RQO\+LJKWHPSHUDWXUHUHIORZ‫ك‬ +$‫ق‬RQO\+LJKWHPSHUDWXUHUHIORZ‫ك‬ +%‫ق‬RQO\+LJKWHPSHUDWXUHUHIORZDQGPPKHLJKW‫ك‬ +&+')&$)&).$).).6)1)3)77*7.737&7&874 ([SLUDWLRQGDWH PRQWKVIURP RXWJRLQJ LQVSHFWLRQGDWH )RUVWRUDJHFRQGLWLRQNHHSURRPWHPSHUDWXUH&WR&DQGKXPLGLW\WRZKHUHGLUHFW VXQVKLQHGRHVQ WUHDFK ‫(كق‬QYLURQPHQWDO&RQGLWLRQV 'RQRWVWRUHXQGHUFRQGLWLRQRXWVLGHWKHDUHDGHVFULEHGLQWKHVSHFLILFDWLRQDQGDOVRXQGHUFRQGLWLRQVOLVWHG EHORZ D([SRVXUHWRWHPSHUDWXUHVDERYHWKHXSSHUFDWHJRU\RUEHORZWKHORZHUFDWHJRU\WHPSHUDWXUHRIWKH FDSDFLWRU E'LUHFWFRQWDFWZLWKZDWHUVDOWZDWHURURLO F+LJKKXPLGLW\FRQGLWLRQVZKHUHZDWHUFRXOGFRQGHQVHRQWKHFDSDFLWRU G([SRVXUHWRWR[LFJDVHVVXFKDVK\GURJHQVXOILGHVXOIXULFDFLGQLWULFDFLGFKORULQH&KORULQHFRPSRXQG 岜%URPLQH%URPLQHFRPSRXQGRUDPPRQLD H([SRVXUHWRR]RQHUDGLDWLRQRUXOWUDYLROHWUD\V I9LEUDWLRQDQGVKRFNFRQGLWLRQVH[FHHGLQJVSHFLILHGUHTXLUHPHQWV &DSDFLWRUGLVSRVDO :KHQGLVSRVLQJFDSDFLWRUVXVHRQHRIWKHIROORZLQJPHWKRGV ,QFLQHUDWHDIWHUFUXVKLQJWKHFDSDFLWRURUSXQFWXULQJWKHFDQZDOOWRSUHYHQWH[SORVLRQGXHWRLQWHUQDO SUHVVXUHULVH 'LVSRVHDVVROLGZDVWH 127(/RFDOODZVPD\KDYHVSHFLILFGLVSRVDOUHTXLUHPHQWVZKLFKPXVWEHIROORZHG 7KHSUHFDXWLRQVLQXVLQJDOXPLQXPHOHFWURO\WLFFDSDFLWRUVIROORZWKH6DIHW\DSSOLFDWLRQJXLGH IRUWKHXVHLQIL[HGDOXPLQXPHOHFWURO\WLFFDSDFLWRUVIRUHOHFWURQLFHTXLSPHQW5&5' LVVXHGE\-(,7$LQ2FWREHU 3OHDVHUHIHUWRWKHDERYHDSSOLFDWLRQJXLGHIRUGHWDLOV ‫ٹ‬$(&4岜FRPSOLDQW 7KHSURGXFWVDUHWHVWHGEDVHGRQDOORUSDUWRIWKHWHVWFRQGLWLRQVDQGPHWKRGVGHILQHGLQ$(&4 3OHDVHFRQVXOWZLWK3DQDVRQLFIRUWKHGHWDLOVRIWKHSURGXFWVSHFLILFDWLRQDQGVSHFLILFHYDOXDWLRQWHVWUHVXOWV HWFDQGSOHDVHUHYLHZDQGDSSURYH3DQDVRQLF VSURGXFWVSHFLILFDWLRQEHIRUHRUGHULQJ 'HF