Skip to main content

Charities Act

5HSULQW
DV
DW-XO  &KDULWLHV
$FW 3XEOLF
$FW1R
’DWH
RIDVVHQW $SULO 
&RPPHQFHPHQW
VHHVHFWLRQ  &RQWHQWV
3DJH
7LWOH 

&RPPHQFHPHQW 
3DUW

3U
HOLPLQDU PDWWHUVDQGIXQFWLRQV UHODWLQJ WRFKDULWLHV
3U
HOLPLQDU PDWWHUV

3XUSRVH 

,QWHUSUHWDWLRQ 

0HDQLQJ RIFKDULWDEOH SXUSRVHDQGHIIHFW RIDQFLOODU
QRQFKDULWDEOH
SXUSRVH


5HJLVWUDWLRQ RIWUXVWHHV RIWUXVWV 

$FWELQGV WKH&URZQ 
%RDU
GDQG FKLHI H[HFXWLYH

(VWDEOLVKPHQW IXQFWLRQVGXWLHVDQGSRZHUV RI%RDUG 
1DWXU
HRI &RPPLVVLRQ
>5HSHDOHG@ 1RWH
&KDQJHV
DXWKRULVHG EVHFWLRQ &RIWKH $FWV DQG5HJXODWLRQV 3XEOLFDWLRQ$FW
KDYH
EHHQPDGH LQWKLV UHSULQW
$
JHQHUDO RXWOLQHRIWKHVH FKDQJHV LVVHW RXW LQWKH QRWHV DWWKH HQG RIWKLV UHSULQW WRJHWKHU
ZLWK
RWKHU H[SODQDWRU PDWHULDODERXWWKLVUHSULQW
7KLV
$FWLVDGPLQLVWHU HGE WKH 0LQLVWU RI6RFLDO ’HYHORSPHQW DQGWKH
’HSDUWPHQW
RI,QWHUQDO $IIDLUV 

&KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  
%RDUGPDGHOHJDWH 
&RPPLVVLRQ?
VIXQFWLRQV
>5HSHDOHG@

)XQFWLRQV RIFKLHI H[HFXWLYH 
0HPEHUVKLS
RI&RPPLVVLRQ
>5HSHDOHG@

 6WDWXVRIHQWLW GRHVQRWDIIHFW SHUIRUPDQFH RIIXQFWLRQV 
$QQXDO
PHHWLQJ
>5HSHDOHG@

$QQXDOPHHWLQJ ZLWKUHSUHVHQWDWLYHV RIFKDULWDEOH HQWLWLHV 
3DUW

&KDULWDEOH
HQWLWLHV
6XESDUW
?5HJLVWHU RIFKDULWDEOH HQWLWLHV
5HJLVWUDWLRQ
UHTXLU HPHQWV

(VVHQWLDO UHTXLUHPHQWV 

%RDUGPDDFWRQEDVLV RIUHDVRQDEOH DVVXPSWLRQV LQ
UHODWLRQ
WRFKDULWDEOH WUXVWV


1DPHRIHQWLW 

4XDOL?FDWLRQV RIRI?FHUV RIFKDULWDEOH HQWLWLHV 
$SSOLFDWLRQV
IRUUHJLVWUDWLRQ

$SSOLFDWLRQ IRUUHJLVWUDWLRQ 

&KLHIH[HFXWLYH WRFRQVLGHU DSSOLFDWLRQ 

%RDUGWRGHFLGH DSSOLFDWLRQ IRUUHJLVWUDWLRQ 

%RDUGPDEDFNGDWH UHJLVWUDWLRQ RIHQWLW DVFKDULWDEOH
HQWLW

5HJLVWHU
RIFKDULWDEOH HQWLWLHVHVWDEOLVKHG

5HJLVWHU RIFKDULWDEOH HQWLWLHV 

3XUSRVH RIUHJLVWHU 

&KLHIH[HFXWLYH LVUHJLVWUDU RIUHJLVWHU 

&RQWHQWV RIUHJLVWHU 

&KLHIH[HFXWLYH PDDOORZ LQIRUPDWLRQ DQGGRFXPHQWV
WR
EH RPLWWHG RUUHPRYHG IURPUHJLVWHU DQGPD UHVWULFW
SXEOLF
DFFHVV WRLQIRUPDWLRQ DQGGRFXPHQWV


$PHQGPHQWV WRUHJLVWHU 
6HDU
FKHV RIUHJLVWHU

6HDUFKRIUHJLVWHU 

6HDUFKSXUSRVHV  

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 
:KHQVHDUFK FRQVWLWXWHV LQWHUIHUHQFH ZLWKSULYDF RI
LQGLYLGXDO

6XSSO
RIUHJLVWHU LQIRUPDWLRQ DQGGRFXPHQWV

&KLHIH[HFXWLYH PDVXSSO UHJLVWHU LQIRUPDWLRQ RU
GRFXPHQWV
IRUSXUSRVHV RI,QODQG 5HYHQXH $FWV

’HU
HJLVWUDWLRQ RIFKDULWDEOH HQWLWLHV

’HUHJLVWUDWLRQ RIFKDULWDEOH HQWLWIURPUHJLVWHU 

*URXQGV IRUUHPRYDO IURPUHJLVWHU 

1RWLFHRILQWHQWLRQ WRUHPRYH IURPUHJLVWHU 

2EMHFWLRQ WRUHPRYDO IURPUHJLVWHU 

’XWLHVRI%RDUG DQGFKLHI H[HFXWLYH LIREMHFWLRQ UHFHLYHG 

%RDUGWRREVHUYH UXOHVRIQDWXUDO MXVWLFH 
6XESDUW
?’XWLHV LQTXLULHV DSSHDOVDQGRWKHU
PLVFHOODQHRXV
PDWWHUVUHODWLQJ WRFKDULWDEOH HQWLWLHV
+ROGLQJ
RXWRIIHQFHV

1RKROGLQJ RXWXQOHVV UHJLVWHUHG XQGHUWKLV$FW 

2IIHQFH WRFRQWUDYHQH VHFWLRQ 
’XW
RIWHOHSKRQH DQG,QWHUQHW FROOHFWRUV

’XWRIWHOHSKRQH DQG,QWHUQHW FROOHFWRUV WRGLVFORVH
UHJLVWUDWLRQ
QXPEHURQUHTXHVW

’XW
WRQRWLI FKDQJHV

’XWWRQRWLI FKDQJHV WRFKLHI H[HFXWLYH 
’XW
WRSUHSDU HDQQXDO UHWXUQV

’XWWRSUHSDUH DQQXDOUHWXUQ 

&KLHIH[HFXWLYH PXVWSUHVFULEH FRQWHQWRIDQQXDO UHWXUQV 
([HPSWLRQV

&KLHIH[HFXWLYH PDJUDQW H[HPSWLRQV 
%RDU
GRU FKLHI H[HFXWLYH PDWUHDW HQWLW DQGDI?OLDWHG RU
FORVHO
UHODWHG HQWLWLHV DVVLQJOH HQWLW

%RDUGRUFKLHI H[HFXWLYH PDWUHDW HQWLW DQGDI?OLDWHG RU
FORVHO
UHODWHGHQWLWLHV DVVLQJOH HQWLW


3DUHQWHQWLWPDUHTXHVW PHDQVRIFRPSOLDQFH ZLWK
GXWLHV


%RDUGRUFKLHI H[HFXWLYH PDWUHDW SDUHQW HQWLWDQG
RU
PRUH RWKHUHQWLWLHV DVIRUPLQJ SDUWRIVLQJOH HQWLWRQ
FHUWDLQ
WHUPVDQGFRQGLWLRQV


(IIHFW RIUHJLVWUDWLRQ RIVLQJOH HQWLWDVFKDULWDEOH HQWLW  

&KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  
%RDUGPDUHYRNH HQWLW?VVWDWXV DVIRUPLQJ SDUWRIVLQJOH
HQWLW


%RDUGWRREVHUYH UXOHVRIQDWXUDO MXVWLFH 
,QTXLULHV
LQWRFKDULWDEOH HQWLWLHVDQGRWKHU SHUVRQV

,QTXLULHV LQWRFKDULWDEOH HQWLWLHVDQGRWKHU SHUVRQV 

’XWWRDVVLVW 

2IIHQFHV 

&KLHIH[HFXWLYH PDVXSSO LQTXLU LQIRUPDWLRQ RU
GRFXPHQWV

:
DUQLQJ QRWLFHV DQGSXEOLFDWLRQ RIGHWDLOV RIEUHDFK
VHULRXV
ZURQJGRLQJ DQGRWKHU PDWWHUV

&KLHIH[HFXWLYH PDJLYHZDUQLQJ QRWLFHV 

%RDUGPDSXEOLVK GHWDLOVRISRVVLEOH EUHDFKSRVVLEOH
VHULRXV
ZURQJGRLQJ DQGRWKHU PDWWHUV

3U
RYLVLRQV UHODWLQJ WRKRZ QRWLFHV DUHJLYHQ DQGVHUYHG
IRU
SXUSRVHV RIYDULRXV VHFWLRQV

1RWLFHV 

6HUYLFH RIQRWLFHV 
$GPLQLVWUDWLYH
SHQDOWLHV

&KLHIH[HFXWLYH PDUHTXLUH SDPHQW RIDGPLQLVWUDWLYH
SHQDOW

$SSHDOV
DJDLQVWGHFLVLRQV RI%RDU G

5LJKWRIDSSHDO 

+LJK&RXUW PDPDNH LQWHULP RUGHUSHQGLQJ GHWHUPLQDWLRQ
RI
DSSHDO


’HWHUPLQDWLRQ RIDSSHDO 
3DUW

0LVFHOODQHRXV
PDWWHUVDQGDPHQGPHQWV WRRWKHU $FWV
6XESDUW
?0LVFHOODQHRXV PDWWHUVUHODWLQJ WR&RPPLVVLRQ
>5HSHDOHG@
5HSRUWLQJ
REOLJDWLRQV
>5HSHDOHG@

5HSRUWLQJ REOLJDWLRQV LQUHVSHFW RI?QDQFLDO HDU
FRPPHQFLQJ
RQ-XO  >5HSHDOHG@

%DQN
DFFRXQWV
>5HSHDOHG@

&URZQ(QWLWLHV $FW SURYLVLRQV FRQFHUQLQJ EDQN
DFFRXQWV
DSSOWR&RPPLVVLRQ >5HSHDOHG@
 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW V
 6XESDUW
?$PHQGPHQWV WR,QFRPH 7D[ $FW 

,QFRPH7D[ $FW  FDOOHG SULQFLSDO $FWLQWKLV VXESDUW 

&KDULWLHV QRQEXVLQHVV LQFRPH 

&KDULWLHV EXVLQHVVLQFRPH 

&KDULWDEOH EHTXHVWV 

’H?QLWLRQV 
6XESDUW
?$PHQGPHQWV WR7D[ $GPLQLVWUDWLRQ $FW

7D[ $GPLQLVWUDWLRQ $FW FDOOHG SULQFLSDO $FWLQWKLV
VXESDUW


,QWHUSUHWDWLRQ 

2I?FHUV WRPDLQWDLQ VHFUHF 
6XESDUW
?$PHQGPHQW WR(VWDWH DQG*LIW ’XWLHV $FW


([HPSWLRQ IRUJLIWV WRFKDULWLHV DQGFHUWDLQ ERGLHV 
6XESDUW
?0LVFHOODQHRXV SURYLVLRQV
$
)RUPVDQGUHTXLUHPHQWV SUHVFULEHGEFKLHI H[HFXWLYH 

5HJXODWLRQV 

3URVHFXWLRQ RIRIIHQFHV 

1RREOLJDWLRQ RQ%RDUG RUFKLHI H[HFXWLYH RUDQ RWKHU
SHUVRQ
WRVXSHUYLVH


$PHQGPHQWV WRRWKHU $FWV 
6FKHGXOH
 
$PHQGPHQWV
WRRWKHU $FWV
6FKHGXOH
 
3U
RYLVLRQV UHODWLQJ WR%RDUG FKDLUSHUVRQ DQG
PHPEHUV  7
LWOH 7KLV
$FWLVWKH &KDULWLHV $FW  &RPPHQFHPHQW  6HFWLRQ
 WKLV VHFWLRQ DQGVHFWLRQV    DQG FRPH
LQWR
IRUFH RQWKH GD DIWHU WKHGDWH RQZKLFK WKLV$FWUHFHLYHV
WKH
5RDO DVVHQW  3DUW
 H[FHSW VHFWLRQ  VHFWLRQV  DQG DQG WKH
6FKHGXOH
FRPHLQWRIRUFH RQ-XO  

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO   7KH
UHVWRIWKLV $FWFRPHV LQWRIRUFH RQDGDWH WREH DSSRLQWHG
E
WKH *RYHUQRU *HQHUDO E2UGHU LQ&RXQFLO DQGRU PRUH
RUGHUV
PDEHPDGH EULQJLQJ GLIIHUHQW SURYLVLRQV LQWRIRUFH
RQ
GLIIHUHQW GDWHV 6HFWLRQ
  VHFWLRQV ?EURXJKW LQWRIRUFH RQ1RYHPEHU EWKH
&KDULWLHV
$FW&RPPHQFHPHQW 2UGHU 65  6HFWLRQ
  3DUW H[FHSW VHFWLRQ DQGVHFWLRQV DQG EURXJKW LQWR
IRUFH
RQ)HEUXDU EWKH &KDULWLHV $FW&RPPHQFHPHQW 2UGHU
65
  6HFWLRQ
  VHFWLRQV ?DQGEURXJKW LQWRIRUFH RQ-XO  EWKH
&KDULWLHV
$FW&RPPHQFHPHQW 2UGHU 65  3DUW
 3U
HOLPLQDU PDWWHUVDQGIXQFWLRQV
U
HODWLQJ WRFKDULWLHV +HDGLQJ
DPHQGHG RQ-XO  EVHFWLRQ RI WKH &KDULWLHV $PHQGPHQW
$FW
1R    1R  3U
HOLPLQDU PDWWHUV  3XUSRVH7KH
SXUSRVH RIWKLV $FWLV? D WR
SURPRWH SXEOLFWUXVWDQGFRQ?GHQFH LQWKH FKDULWDEOH
VHFWRU E WR
HQFRXUDJH DQGSURPRWH WKHHIIHFWLYH XVHRIFKDULWDEOH
UHVRXUFHV F WR
SURYLGH IRUWKH UHJLVWUDWLRQ RIVRFLHWLHV LQVWLWXWLRQV
DQG
WUXVWHHV RIWUXVWV DVFKDULWDEOH HQWLWLHV G WR
UHTXLUH FKDULWDEOH HQWLWLHVDQGFHUWDLQ RWKHUSHUVRQV
WR
FRPSO ZLWKFHUWDLQ REOLJDWLRQV H WR
SURYLGH IRUWKH %RDUG WRPDNH GHFLVLRQV DERXWWKH
UHJLVWUDWLRQ
DQGGHUHJLVWUDWLRQ RIFKDULWDEOH HQWLWLHVDQG
WR
PHHW UHTXLUHPHQWV LPSRVHGLQUHODWLRQ WRWKRVH IXQF
WLRQV I WR
SURYLGH IRUWKH FKLHI H[HFXWLYH WRFDUU RXWIXQFWLRQV
XQGHU
WKLV$FWDQGWRPHHW UHTXLUHPHQWV LPSRVHGLQUH
ODWLRQ
WRWKRVH IXQFWLRQV 6HFWLRQ
UHSODFHG RQ-XO  EVHFWLRQ RI WKH &KDULWLHV $PHQGPHQW
$FW
1R    1R  

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V  ,QWHUSU
HWDWLRQ  ,Q
WKLV $FW XQOHVV WKHFRQWH[W RWKHUZLVH UHTXLUHV? %RDUG
PHDQVWKHERDUG HVWDEOLVKHG EVHFWLRQ  FKDULWDEOH
HQWLWPHDQV DVRFLHW DQ LQVWLWXWLRQ RUWKH
WUXVWHHV
RIDWUXVW WKDWLVRU DUH UHJLVWHUHG DVDFKDULWDEOH HQWLW
XQGHU
WKLV$FW FKLHI
H[HFXWLYH PHDQVWKHFKLHI H[HFXWLYH RIWKH GHSDUWPHQW FROOHFWRU
PHDQVDSHUVRQ ZKRRQEHKDOI RIDFKDULWDEOH HQWLW
UHTXHVWV
IXQGVFDQYDVVHV IRUVXEVFULSWLRQV VHOOVUDI?H RUORW
WHU
WLFNHWV RUDSSHDOV IRUGRQDWLRQV GHSDUWPHQW
PHDQVWKHGHSDUWPHQW WKDWZLWK WKHDXWKRULW RI
WKH
3ULPH 0LQLVWHU LV IRU WKH WLPH EHLQJ UHVSRQVLEOH IRUWKH
DGPLQLVWUDWLRQ
RIWKLV $FW GRFXPHQW
KDVWKHPHDQLQJ VHWRXW LQVHFWLRQ   RIWKH &RP
PHUFH
$FW HQWLW
PHDQV DQVRFLHW LQVWLWXWLRQ RUWUXVWHHV RIDWUXVW ,QODQG
5HYHQXH $FWVKDVWKHPHDQLQJ VHWRXW LQVHFWLRQ  
RI
WKH 7D[ $GPLQLVWUDWLRQ $FW 0LQLVWHU
PHDQVWKH0LQLVWHU RIWKH &URZQ ZKRXQGHU WKHDX
WKRULW
RIDQ ZDUUDQW RUZLWK WKHDXWKRULW RIWKH 3ULPH 0LQ
LVWHU
LV IRU WKH WLPH EHLQJ UHVSRQVLEOH IRUWKH DGPLQLVWUDWLRQ RI
WKLV
$FW RI?FHU
? D PHDQV
LQUHODWLRQ WRWKH WUXVWHHV RIDWUXVW DQRIWKRVH
WUXVWHHV
DQG E PHDQV
LQUHODWLRQ WRDQ RWKHU HQWLW? L D
PHPEHU RIWKH ERDUG RUJRYHUQLQJ ERGRIWKH
HQWLW
LILWKDV DERDUG RUJRYHUQLQJ ERGDQG LL D
SHUVRQ RFFXSLQJ DSRVLWLRQ LQWKH HQWLW WKDWDO
ORZV
WKHSHUVRQ WRH[HUFLVH VLJQL?FDQW LQ?XHQFH
RYHU
WKHPDQDJHPHQW RUDGPLQLVWUDWLRQ RIWKH HQ
WLW
IRU H[DPSOH DWUHDVXUHU RUDFKLHI H[HFX
WLYH 
DQG F LQFOXGHV
DQFODVV RUFODVVHV RISHUVRQV WKDWDUHGHFODUHG
E
UHJXODWLRQV WREH RI?FHUV IRUWKH SXUSRVHV RIWKLV $FW
EXW 

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  G H[FOXGHV
DQFODVV RUFODVVHV RISHUVRQV WKDWDUHGHFODUHG
E
UHJXODWLRQV QRWWREH RI?FHUV IRUWKH SXUSRVHV RIWKLV
$FW SDU
HQW HQWLW KDVWKHPHDQLQJ VHWRXW LQVHFWLRQ  U
HJLVWHU RU U
HJLVWHU RIFKDULWDEOH HQWLWLHVPHDQVWKHUHJLVWHU
RI
FKDULWDEOH HQWLWLHVHVWDEOLVKHG XQGHUVHFWLRQ  U
HJXODWLRQV PHDQVUHJXODWLRQV LQIRUFH XQGHU WKLV$FW UXOHV
PHDQV? D LQ
UHODWLRQ WRWKH WUXVWHHV RIDWUXVW WKHUXOHV WUXVWGHHGV
DQG
LQVWUXPHQWV FRQVWLWXWLQJ RUGH?QLQJ WKHFRQVWLWX
WLRQ
RIWKDW WUXVW DQG E LQ
UHODWLRQ WRDQ RWKHU HQWLWWKH UXOHV FRQVWLWXWLRQ DQG
LQVWUXPHQWV
FRQVWLWXWLQJ RUGH?QLQJ WKHFRQVWLWXWLRQ RI
WKDW
HQWLW VHULRXV
ZURQJGRLQJ LQ UHODWLRQ WRDQ HQWLW LQFOXGHV DQVHU
LRXV
ZURQJGRLQJ RIDQ RIWKH IROORZLQJ WSHV D DQ
XQODZIXO RUDFRUUXSW XVHRIWKH IXQGV RUUHVRXUFHV
RI
WKH HQWLW RU E DQ
DFW RPLVVLRQ RUFRXUVH RIFRQGXFW WKDWFRQVWLWXWHV
D
VHULRXV ULVNWRWKH SXEOLF LQWHUHVW LQWKH RUGHUO DQG
DSSURSULDWH
FRQGXFWRIWKH DIIDLUV RIWKH HQWLW RU F DQ
DFW RPLVVLRQ RUFRXUVH RIFRQGXFW WKDWFRQVWLWXWHV
DQ
RIIHQFH RU G DQ
DFW RPLVVLRQ RUFRXUVH RIFRQGXFW EDSHUVRQ WKDWLV
RSSUHVVLYH
LPSURSHUOGLVFULPLQDWRU RU JURVVO QHJ
OLJHQW
RUWKDW FRQVWLWXWHV JURVVPLVPDQDJHPHQW VLQJOH
HQWLWKDVWKHPHDQLQJ VHWRXW LQVHFWLRQ   ,Q
WKLV $FW XQOHVV WKHFRQWH[W RWKHUZLVH UHTXLUHVUHIHUHQFHV
WR
DSHUVRQ SHUIRUPLQJ IXQFWLRQVDQGH[HUFLVLQJ SRZHUVRU
FDUULQJ
RXWUHVSRQVLELOLWLHV LQFOXGHFDUULQJ RXWGXWLHV  $Q
H[DPSOH XVHGLQWKLV $FWKDVWKHIROORZLQJ VWDWXV D WKH
H[DPSOH LVRQO LOOXVWUDWLYH RIWKH SURYLVLRQ WRZKLFK
LW
UHODWHV DQGGRHV QRWOLPLW WKHSURYLVLRQ DQG E LI
WKH H[DPSOH DQGWKHSURYLVLRQ WRZKLFK LWUHODWHV DUH
LQFRQVLVWHQW
WKHSURYLVLRQ SUHYDLOV 6HFWLRQ
  %RDUG LQVHUWHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  FKLHI H[HFXWLYH LQVHUWHG RQ-XO  EVHFWLRQ   RIWKH
&KDULWLHV
$PHQGPHQW $FW 1R    1R  

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V 6HFWLRQ
  &RPPLVVLRQ UHSHDOHG RQ-XO  EVHFWLRQ   RIWKH
&KDULWLHV
$PHQGPHQW $FW 1R    1R  6HFWLRQ
  GHSDUWPHQW LQVHUWHG RQ-XO  EVHFWLRQ   RIWKH &KDU 
LWLHV
$PHQGPHQW $FW 1R    1R  6HFWLRQ
  RI?FHU SDUDJUDSK E L DPHQGHG RQ)HEUXDU EVHFWLRQ
 
RIWKH &KDULWLHV $PHQGPHQW $FW  1R  6HFWLRQ
  RI?FHU SDUDJUDSK E LL DPHQGHG RQ)HEUXDU EVHF 
WLRQ
  RIWKH &KDULWLHV $PHQGPHQW $FW  1R   0HDQLQJ
RIFKDULWDEOH SXUSRVHDQGHIIHFW RIDQFLOODU
QRQFKDULWDEOH
SXUSRVH  ,Q
WKLV $FW XQOHVV WKHFRQWH[W RWKHUZLVH UHTXLUHV FKDULWDEOH
SXUSRVH
LQFOXGHVHYHUFKDULWDEOH SXUSRVHZKHWKHULWUHODWHV
WR
WKH UHOLHI RISRYHUW WKH DGYDQFHPHQW RIHGXFDWLRQ RUUHOL
JLRQ
RUDQ RWKHU PDWWHU EHQH?FLDO WRWKH FRPPXQLW   +RZHYHU
? D WKH
SXUSRVH RIDWUXVW VRFLHW RU LQVWLWXWLRQ LVDFKDULW
DEOH
SXUSRVH XQGHUWKLV$FWLIWKH SXUSRVH ZRXOGVDWLVI
WKH
SXEOLF EHQH?W UHTXLUHPHQW DSDUWIURPWKHIDFW WKDW
WKH
EHQH?FLDULHV RIWKH WUXVW RUWKH PHPEHUV RIWKH VR
FLHW
RULQVWLWXWLRQ DUHUHODWHG EEORRG DQG E D
PDUDH KDVDFKDULWDEOH SXUSRVHLIWKH SKVLFDO VWUXF
WXUH
RIWKH PDUDH LVVLWXDWHG RQODQG WKDWLVD0DRUL UHVHU
YDWLRQ
UHIHUUHG WRLQ7H 7XUH :KHQXD 0DRUL$FW
0DRUL
/DQG$FW DQG WKHIXQGV RIWKH PDUDH DUH
QRW
XVHG IRUDSXUSRVH RWKHUWKDQ? L WKH
DGPLQLVWUDWLRQ DQGPDLQWHQDQFH RIWKH ODQG
DQG
RIWKH SKVLFDO VWUXFWXUH RIWKH PDUDH LL D
SXUSRVH WKDWLVDFKDULWDEOH SXUSRVHRWKHUWKDQ
XQGHU
WKLVSDUDJUDSK $ 7KH
SURPRWLRQ RIDPDWHXU VSRUWPDEHDFKDULWDEOH SXUSRVH
LI
LWLV WKH PHDQV EZKLFK DFKDULWDEOH SXUSRVHUHIHUUHGWRLQ
VXEVHFWLRQ
 LVSXUVXHG  7
R DYRLG GRXEW LIWKH SXUSRVHV RIDWUXVW VRFLHW RU DQ LQVWLWX
WLRQ
LQFOXGH DQRQ FKDULWDEOH SXUSRVH IRUH[DPSOH DGYRFDF
WKDW
LVPHUHO DQFLOODU WRDFKDULWDEOH SXUSRVHRIWKH WUXVW
VRFLHW
RU LQVWLWXWLRQ WKHSUHVHQFH RIWKDW QRQFKDULWDEOH SXU
SRVH
GRHVQRWSUHYHQW WKHWUXVWHHV RIWKH WUXVW WKHVRFLHW RU
WKH
LQVWLWXWLRQ IURPTXDOLILQJ IRUUHJLVWUDWLRQ DVDFKDULWDEOH
HQWLW
 

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO   )RU
WKHSXUSRVHV RIVXEVHFWLRQ  DQRQ FKDULWDEOH SXUSRVHLV
DQFLOODU
WRDFKDULWDEOH SXUSRVHRIWKH WUXVW VRFLHW RU LQVWL
WXWLRQ
LIWKH QRQ FKDULWDEOH SXUSRVHLV? D DQFLOODU
VHFRQGDU VXERUGLQDWH RULQFLGHQWDO WRD
FKDULWDEOH
SXUSRVHRIWKH WUXVW VRFLHW RU LQVWLWXWLRQ
DQG E QRW
DQLQGHSHQGHQW SXUSRVHRIWKH WUXVW VRFLHW RU LQ
VWLWXWLRQ 6HFWLRQ
 $ LQVHUWHG RQ)HEUXDU EVHFWLRQ RI WKH &KDULWLHV
$PHQGPHQW
$FW  1R   5HJLVWUDWLRQ
RIWUXVWHHV RIWUXVWV  ,I
DQ HQWLW LVRUFRQVLVWV RIWKH WUXVWHHV RIDWUXVW WKHQDPH
RI
WKDW HQWLW PXVWIRUWKH SXUSRVHV RIWKLV $FW EHWUHDWHG DV
EHLQJ? D WKH
QDPH XQGHU ZKLFK WKHWUXVWHHV DUHLQFRUSRUDWHG DV
D
%RDUG XQGHUWKH&KDULWDEOH 7UXVWV $FW LIWKH
WUXVWHHV
DUHLQFRUSRUDWHG DVD%RDUG XQGHUWKDW$FW RU E WKH
QDPH RIWKH WUXVW RU F D
QDPH QRPLQDWHG EWKH WUXVWHHV RIWKH WUXVW LIWKH WUXVW
GRHV
QRWRWKHUZLVH KDYHDQDPH  7KH
UHJLVWUDWLRQ RIWKH WUXVWHHV RIDWUXVW DVDFKDULWDEOH HQWLW
LV
QRW DIIHFWHG E? D 
RU PRUH RIWKH WUXVWHHV FHDVLQJWREH DWUXVWHH RIWKH
WUXVW
RU E WKH
DSSRLQWPHQW RIQHZ WUXVWHHV RIWKH WUXVW  6XEVHFWLRQV
 DQG  GRQRW OLPLW VHFWLRQV WRDQG   $FW
ELQGV WKH&URZQ 7KLV
$FWELQGV WKH&URZQ %RDU
GDQG FKLHI H[HFXWLYH +HDGLQJ
UHSODFHGRQ-XO  EVHFWLRQ RI WKH &KDULWLHV $PHQGPHQW
$FW
1R    1R   (VWDEOLVKPHQW
IXQFWLRQVGXWLHVDQGSRZHUV RI%RDUG  $
%RDUG FRPSULVLQJ PHPEHUV DSSRLQWHG EWKH 0LQLVWHU LV
HVWDEOLVKHG  7KH
0LQLVWHU PXVWQRWLI LQWKH *D]HWWH ? 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V D WKH
QDPHV RIWKH PHPEHUV RIWKH %RDUG DQG E WKH
QDPH RIWKH FKDLUSHUVRQ RIWKH %RDUG  7KH
%RDUG KDVWKHIXQFWLRQV GXWLHVDQGSRZHUV UHODWLQJ WR
WKH
UHJLVWUDWLRQ DQGGHUHJLVWUDWLRQ RIFKDULWDEOH HQWLWLHVWKDWDUH
FRQIHUUHG
RULPSRVHG RQLWE WKLV $FW  ,Q
SHUIRUPLQJ RUH[HUFLVLQJ KLVRUKHU IXQFWLRQV GXWLHVRU
SRZHUV
HDFKPHPEHU RIWKH %RDUG? D PXVW
DFWLQGHSHQGHQWO LQH[HUFLVLQJ KLVRUKHU SURIHV
VLRQDO
MXGJHPHQW DQG E LV
QRW VXEMHFW WRGLUHFWLRQ IURPWKH0LQLVWHU   7KH
%RDUG PXVWVXEMHFW WRVXEVHFWLRQ  FRQVLGHU ZKHWKHULW
FRXOG
PRVWHI?FLHQWO DQGHIIHFWLYHO SHUIRUPRUH[HUFLVH DQ
IXQFWLRQV
GXWLHVRUSRZHUV LWVHOIRUE GHOHJDWLQJ WKHIXQF
WLRQV
GXWLHV RUSRZHUV WRWKH FKLHI H[HFXWLYH RUVRPH RWKHU
SHUVRQ
XQGHUVHFWLRQ   7KH
FKLHI H[HFXWLYH PXVWVXSSO DOOVHFUHWDULDO DQGDGPLQLV
WUDWLYH
VHUYLFHV UHTXLUHG WRHQDEOH WKH%RDUG WRSHUIRUP RUH[
HUFLVH
LWVIXQFWLRQV GXWLHVDQGSRZHUV  7KH
6FKHGXOH DSSOLHVWRWKH %RDUG DQGWRWKH PHPEHUV DQG
FKDLUSHUVRQ
RIWKH %RDUG 6HFWLRQ
UHSODFHG RQ-XO  EVHFWLRQ RI WKH &KDULWLHV $PHQGPHQW
$FW
1R    1R  1DWXU
HRI &RPPLVVLRQ
>5HSHDOHG@ +HDGLQJ
UHSHDOHGRQ-XO  EVHFWLRQ RI WKH &KDULWLHV $PHQGPHQW
$FW
1R    1R   %RDUG
PDGHOHJDWH  7KH
%RDUG PDHLWKHU JHQHUDOO RUSDUWLFXODUO DQGEUHVR
OXWLRQ
GHOHJDWH DQRILWV IXQFWLRQV GXWLHVRUSRZHUV XQGHU
WKLV
$FWWR? D WKH
FKLHI H[HFXWLYH RU E DQ
PHPEHU RIWKH %RDUG  ,I
IXQFWLRQV GXWLHVRUSRZHUV DUHGHOHJDWHG WRWKH FKLHI H[
HFXWLYH
XQGHUVXEVHFWLRQ  ? D WKH
FKLHI H[HFXWLYH LVQRW UHVSRQVLEOH WRWKH 0LQLVWHU IRU
WKH
SHUIRUPDQFH RUH[HUFLVH RIWKRVH IXQFWLRQV GXWLHV 


3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  RU
SRZHUV EXWPXVW DFWLQGHSHQGHQWO LQH[HUFLVLQJ KLV
RU
KHU SURIHVVLRQDO MXGJHPHQWDQG E WKH
FKLHI H[HFXWLYH PDGHOHJDWH WKRVHIXQFWLRQV RU
SRZHUV
WRHPSORHHV RUKROGHUV RIVSHFL?HG RI?FHV LQ
WKH
GHSDUWPHQW XQGHUVHFWLRQ RIWKH 6WDWH 6HFWRU $FW
  1R
GHOHJDWLRQ XQGHUVXEVHFWLRQ  RU  E DIIHFWV WKHUHVSRQ
VLELOLW
RIWKH %RDUG IRUWKH DFWLRQV RIDQ SHUVRQ DFWLQJXQGHU
WKH
GHOHJDWLRQ  7KH
%RDUG PXVWQRWPDNH DGHOHJDWLRQ XQGHUWKLVVHFWLRQ XQ
OHVV
VDWLV?HG WKDWWKHGHOHJDWLRQ LVFRQVLVWHQW ZLWKVHFWLRQ     $
SHUVRQ WRZKRP DQIXQFWLRQV GXWLHVRUSRZHUV DUHGHOH
JDWHG
PDSHUIRUP DQGH[HUFLVH WKHPLQWKH VDPH PDQQHU DQG
ZLWK
WKHVDPH HIIHFW DVLIWKH KDGEHHQ FRQIHUUHG GLUHFWOE
WKLV
$FWDQGQRWEGHOHJDWLRQ 6HFWLRQ
UHSODFHG RQ-XO  EVHFWLRQ RI WKH &KDULWLHV $PHQGPHQW
$FW
1R    1R  &RPPLVVLRQ?
VIXQFWLRQV
>5HSHDOHG@ +HDGLQJ
UHSHDOHGRQ-XO  EVHFWLRQ RI WKH &KDULWLHV $PHQGPHQW
$FW
1R    1R   )XQFWLRQV
RIFKLHI H[HFXWLYH 7KH
IXQFWLRQV RIWKH FKLHI H[HFXWLYH DUH? D WR
HGXFDWH DQGDVVLVW FKDULWLHV LQUHODWLRQ WRPDWWHUV RI
JRRG
JRYHUQDQFH DQGPDQDJHPHQW IRUH[DPSOH? L E
LVVXLQJ JXLGHOLQHV RUUHFRPPHQGDWLRQV RQWKH
EHVW
SUDFWLFH WREH REVHUYHG EFKDULWLHV DQGE
SHUVRQV
FRQFHUQHG ZLWKWKHPDQDJHPHQW RUDG
PLQLVWUDWLRQ
RIFKDULWLHV LL E
LVVXLQJ PRGHOUXOHV LLL E
SURYLGLQJ LQIRUPDWLRQ WRFKDULWLHV DERXWWKHLU
ULJKWV
GXWLHV DQGREOLJDWLRQV XQGHUWKLV$FWDQG
RWKHU
HQDFWPHQWV DQG E WR
PDNH DSSURSULDWH LQIRUPDWLRQ DYDLODEOHWRDVVLVW SHU
VRQV
WRPDNH DSSOLFDWLRQV IRUUHJLVWUDWLRQ XQGHUWKLV
$FW
DQG 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V F WR
UHFHLYH DQGSURFHVV DSSOLFDWLRQV IRUUHJLVWUDWLRQ DV
FKDULWDEOH
HQWLWLHVDQG G WR
UHIHU WRWKH %RDUG IRULWVGHFLVLRQ DOODSSOLFDWLRQV
IRU
UHJLVWUDWLRQ DVFKDULWDEOH HQWLWLHVDQGSURSRVDOV IRU
GHUHJLVWUDWLRQ
DVFKDULWDEOH HQWLWLHVDQG H WR
HQVXUH WKDWWKHUHJLVWHU RIFKDULWDEOH HQWLWLHVLVFRP
SLOHG
DQGPDLQWDLQHG DQG I WR
UHFHLYH FRQVLGHUDQG SURFHVV DQQXDOUHWXUQV VXEPLW
WHG
EFKDULWDEOH HQWLWLHVDQG J WR
VXSSO LQIRUPDWLRQ DQGGRFXPHQWV LQDSSURSULDWH
FLUFXPVWDQFHV
IRUWKH SXUSRVHV RIWKH ,QODQG 5HYHQXH
$FWV
DQG K WR
PRQLWRU FKDULWDEOH HQWLWLHVDQGWKHLU DFWLYLWLHV WRHQ
VXUH
WKDWHQWLWLHV WKDWDUHUHJLVWHUHG DVFKDULWDEOH HQWLWLHV
FRQWLQXH
WREH TXDOL?HG IRUUHJLVWUDWLRQ DVFKDULWDEOH HQ
WLWLHV
DQG L WR
LQTXLUH LQWRFKDULWDEOH HQWLWLHVDQGLQWR SHUVRQV ZKR
KDYH
HQJDJHG LQRUDUH HQJDJLQJ LQFRQGXFW WKDWFRQVWL
WXWHV
RUPD FRQVWLWXWH DEUHDFK RIWKLV $FWRUVHULRXV
ZURQJGRLQJ
LQFRQQHFWLRQ ZLWKDFKDULWDEOH HQWLWDQG M WR
PRQLWRU DQGSURPRWH FRPSOLDQFH ZLWKWKLV$FW LQ
FOXGLQJ
EWDNLQJ SURVHFXWLRQV IRURIIHQFHV DJDLQVW WKLV
$FW
LQDSSURSULDWH FLUFXPVWDQFHV DQG N WR
VWLPXODWH DQGSURPRWH UHVHDUFKLQWRDQPDWWHU UHODW
LQJ
WRFKDULWLHV IRUH[DPSOH? L E
FROOHFWLQJ DQGGLVVHPLQDWLQJ LQIRUPDWLRQRU
UHVHDUFK
DERXWFKDULWLHV LL E
DGYLVLQJ RQDUHDV ZKHUH IXUWKHU UHVHDUFK RU
LQIRUPDWLRQ
DERXWFKDULWLHV VKRXOGEHXQGHUWDNHQ
RU
FROOHFWHG LLL E
HQWHULQJ LQWRFRQWUDFWV RUDUUDQJHPHQWV IRUUH
VHDUFK
RULQIRUPDWLRQ DERXWFKDULWLHV WREH XQGHU 
WDNHQ
RUFROOHFWHG 6HFWLRQ
UHSODFHG RQ-XO  EVHFWLRQ RI WKH &KDULWLHV $PHQGPHQW
$FW
1R    1R  0HPEHUVKLS
RI&RPPLVVLRQ
>5HSHDOHG@ +HDGLQJ
UHSHDOHGRQ-XO  EVHFWLRQ RI WKH &KDULWLHV $PHQGPHQW
$FW
1R    1R  

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  
 6WDWXV
RIHQWLW GRHVQRWDIIHFW SHUIRUPDQFH RIIXQFWLRQV  7KH
%RDUG DQGWKHFKLHI H[HFXWLYH PDSHUIRUP IXQFWLRQV WR
ZKLFK
WKLVVHFWLRQ DSSOLHVLQUHODWLRQ WRDQ FKDULW UHJDUGOHVV
RI
ZKHWKHU WKHFKDULW LVUHJLVWHUHG DVDFKDULWDEOH HQWLW  7KLV
VHFWLRQ DSSOLHVWRWKH IXQFWLRQV RIWKH %RDUG DQGWKHFKLHI
H[HFXWLYH
WKDWUHODWH WR? D WKH
SURPRWLRQ RISXEOLF WUXVWDQGFRQ?GHQFH LQWKH FKDU 
LWDEOH
VHFWRU RU E WKH
HQFRXUDJHPHQW DQGSURPRWLRQ RIWKH HIIHFWLYH XVH
RI
FKDULWDEOH UHVRXUFHV RU F WKH
SURYLVLRQ RIHGXFDWLRQ DQGDVVLVWDQFH WRFKDULWLHV
LQ
UHODWLRQ WRPDWWHUV RIJRRG JRYHUQDQFH DQGPDQDJH
PHQW
RU G WKH
VWLPXODWLRQ DQGSURPRWLRQ RIUHVHDUFK LQWRDQPDW
WHU
UHODWLQJ WRFKDULWLHV 6HFWLRQ
 UHSODFHG RQ-XO  EVHFWLRQ RI WKH &KDULWLHV $PHQGPHQW
$FW
1R    1R  $QQXDO
PHHWLQJ
>5HSHDOHG@ +HDGLQJ
UHSHDOHGRQ-XO  EVHFWLRQ RI WKH &KDULWLHV $PHQGPHQW
$FW
1R    1R   $QQXDO
PHHWLQJ ZLWKUHSU HVHQWDWLYHV RIFKDULWDEOH HQWLWLHV  7KH
FKLHI H[HFXWLYH PXVWKROGDWOHDVW PHHWLQJ LQHDFK HDU
ZLWK
UHSUHVHQWDWLYHV RIFKDULWDEOH HQWLWLHV  $W
HDFK PHHWLQJ WKHUHSUHVHQWDWLYHV RIFKDULWDEOH HQWLWLHVZKR
DWWHQG
WKHPHHWLQJ PXVWEHJLYHQ DUHDVRQDEOH RSSRUWXQLW
WR? D DVN
TXHVWLRQV FRQFHUQLQJ WKHRSHUDWLRQ RIWKLV $FW DQG E PDNH
VXEPLVVLRQV RQWKH RSHUDWLRQ RIWKLV $FWWRWKH
FKLHI
H[HFXWLYH 6HFWLRQ
UHSODFHG RQ-XO  EVHFWLRQ RI WKH &KDULWLHV $PHQGPHQW
$FW
1R    1R  

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V 3DUW
 &KDULWDEOH
HQWLWLHV 6XESDUW
? 5HJLVWHU
RIFKDULWDEOH HQWLWLHV 5HJLVWUDWLRQ
UHTXLU HPHQWV  (VVHQWLDO
UHTXLU HPHQWV  $Q
HQWLW TXDOL?HV IRUUHJLVWUDWLRQ DVDFKDULWDEOH HQWLWLI? D LQ
WKH FDVH RIWKH WUXVWHHV RIDWUXVW WKHWUXVW LVRI DNLQG
LQ
UHODWLRQ WRZKLFK DQDPRXQW RILQFRPH LVGHULYHG E
WKH
WUXVWHHV LQWUXVW IRUFKDULWDEOH SXUSRVHVDQG E LQ
WKH FDVH RIDVRFLHW RUDQ LQVWLWXWLRQ WKHVRFLHW RU
LQVWLWXWLRQ? L LV
HVWDEOLVKHG DQGPDLQWDLQHG H[FOXVLYHO IRU
FKDULWDEOH
SXUSRVHVDQG LL LV
QRW FDUULHG RQIRU WKH SULYDWH SHFXQLDU SUR?W
RI
DQ LQGLYLGXDO DQG F WKH
HQWLW KDVDQDPH WKDWFRPSOLHV ZLWKVHFWLRQ DQG G DOO
RIWKH RI?FHUV RIWKH HQWLW DUHTXDOL?HG WREH RI?FHUV
RI
DFKDULWDEOH HQWLWXQGHUVHFWLRQ   7KH
WUXVWHHV RIDWUXVW PXVW EHWUHDWHG DVFRPSOLQJ ZLWKVXE
VHFWLRQ
 D LI? D LQ
DFFRUGDQFH ZLWKDUXOLQJ PDGHXQGHU 3DUW$RIWKH
7
D[ $GPLQLVWUDWLRQ $FW? L DQ
DPRXQW RILQFRPH GHULYHG EWKH WUXVWHHV LQ
WUXVW
LVWUHDWHG DVKDYLQJ EHHQGHULYHG EWKH
WUXVWHHV
LQWUXVW IRUFKDULWDEOH SXUSRVHVIRUWKH
SXUSRVHV
RIVHFWLRQ &:RIWKH ,QFRPH 7D[ $FW

RU LL LQFRPH
LVWUHDWHG DVKDYLQJ EHHQGHULYHG GLUHFWO
RU
LQGLUHFWO IURPDEXVLQHVV FDUULHGRQERU
IRU
RU IRU WKH EHQH?W RIWKH WUXVWHHV LQWUXVW IRU
FKDULWDEOH
SXUSRVHVIRUWKH SXUSRVHV RIVHFWLRQ
&:
RIWKH ,QFRPH 7D[ $FW  RU E WKH
LQFRPH GHULYHG EWKH WUXVWHHV LVGHHPHG WREH LQ
FRPH
GHULYHG EWUXVWHHV LQWUXVW IRUFKDULWDEOH SXUSRVHV
XQGHU
VHFWLRQ %RIWKH 0DRUL 7UXVW %RDUGV $FW  $
VRFLHW RUDQ LQVWLWXWLRQ PXVWEHWUHDWHG DVFRPSOLQJ ZLWK
VXEVHFWLRQ
 E LILQDFFRUGDQFH ZLWKDUXOLQJ PDGHXQGHU
3DUW
$RIWKH 7D[ $GPLQLVWUDWLRQ $FW WKDWVRFLHW RU 

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  LQVWLWXWLRQ
LVWUHDWHG DVEHLQJ DVRFLHW RULQVWLWXWLRQ WKDWLVHV
WDEOLVKHG
DQGPDLQWDLQHG H[FOXVLYHO IRUFKDULWDEOH SXUSRVHV
DQG
QRWFDUULHG RQIRU WKH SULYDWH SHFXQLDU SUR?WRIDQ LQ
GLYLGXDO
IRUWKH SXUSRVHV RIVHFWLRQ &:RU&: RIWKH
,QFRPH
7D[ $FW   6XEVHFWLRQV
 DQG  FHDVH WRDSSO LQUHODWLRQ WRDQ HQWLW
LI? D WKH
SHULRG IRUZKLFK WKHUXOLQJ DSSOLHV KDVH[SLUHG RU E WKH
UXOLQJ KDVFHDVHG WRDSSO EHFDXVH RIVHFWLRQ *
RI
WKH 7D[ $GPLQLVWUDWLRQ $FW RU F WKH
UXOLQJ KDVRWKHUZLVH FHDVHGWRDSSO WRWKH HQWLW   ’HVSLWH
VXEVHFWLRQV  WR   DQHQWLW GRHVQRWTXDOLI IRU
UHJLVWUDWLRQ
DVDFKDULWDEOH HQWLWLI? D WKH
HQWLW LVDGHVLJQDWHG WHUURULVWHQWLWDVGH?QHG LQ
VHFWLRQ
  RIWKH 7HUURULVP 6XSSUHVVLRQ $FW RU E WKH
HQWLW KDVEHHQ FRQYLFWHG RIDQ RIIHQFH XQGHU VHF
WLRQV
$WR( RIWKH 7HUURULVP 6XSSUHVVLRQ $FW 6HFWLRQ
  D L  DPHQGHGRQ$SULO  EVHFWLRQ =$  RIWKH ,QFRPH
7
D[ $FW   1R  6HFWLRQ
  D LL  DPHQGHGRQ$SULO  EVHFWLRQ =$  RIWKH ,Q
FRPH
7D[ $FW   1R  6HFWLRQ
  DPHQGHG RQ$SULO  EVHFWLRQ =$  RIWKH ,QFRPH
7
D[ $FW   1R  6HFWLRQ
  D  DPHQGHG RQ1RYHPEHU EVHFWLRQ   D RIWKH
7
HUURULVP 6XSSUHVVLRQ $PHQGPHQW $FW  1R  6HFWLRQ
  D  DPHQGHG RQ 1RYHPEHU EVHFWLRQ   E RIWKH
7
HUURULVP 6XSSUHVVLRQ $PHQGPHQW $FW  1R  6HFWLRQ
  E  DPHQGHG RQ 1RYHPEHU EVHFWLRQ   RIWKH
7
HUURULVP 6XSSUHVVLRQ $PHQGPHQW $FW  1R   %RDUG
PDDFWRQEDVLV RIUHDVRQDEOH DVVXPSWLRQV LQ
U
HODWLRQ WRFKDULWDEOH WUXVWV  $
WUXVW LVQRW SUHYHQWHG IURPEHLQJ RIDNLQG UHIHUUHG WRLQ
VHFWLRQ
  D PHUHOEHFDXVH WKHWUXVWHHV RIWKH WUXVW KDYH
QRW
HWGHULYHG DQDPRXQW RILQFRPH LQWUXVW IRUFKDULWDEOH
SXUSRVHV
LILQWKH RSLQLRQ RIWKH %RDUG? D DQ
DPRXQW RILQFRPH ZLOOEHGHULYHG EWKH WUXVWHHV LQ
WUXVW
IRUFKDULWDEOH SXUSRVHVDQG E LW
LV ?W DQG SURSHU WRUHJLVWHU WKHWUXVWHHV RIWKH WUXVW DV
D
FKDULWDEOH HQWLW 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V  )RU
WKHSXUSRVHV RIVXEVHFWLRQ  WKH%RDUG PDDFWRQWKH
EDVLV
RIDQ DVVXPSWLRQV FRQFHUQLQJWKHIXWXUH GHULYDWLRQ
RI
LQFRPH IRUFKDULWDEOH SXUSRVHVWKDWLQWKH RSLQLRQ RIWKH
%RDUG
DUHUHDVRQDEOH LQWKH FLUFXPVWDQFHV RIWKH FDVH ([DPSOH$
FKDULWDEOH WUXVWKDVUHFHQWO EHHQFUHDWHG
7KH
WUXVWHHV RIWKDW WUXVW KDYH QRWHWGHULYHG DQDPRXQW RILQ
FRPH
LQWUXVW IRUFKDULWDEOH SXUSRVHV +RZHYHUWKH %RDUG LVRI
WKH
RSLQLRQ KDYLQJUHJDUGWRUHDVRQDEOH DVVXPSWLRQV WKDWWKH
WUXVWHHV
ZLOOGHULYH DQDPRXQW RILQFRPH LQWUXVW IRUFKDULWDEOH
SXUSRVHV
7KH%RDUG LVDOVR RIWKH RSLQLRQ WKDWLWLV ?W DQG SURSHU
WR
UHJLVWHU WKHWUXVWHHV $FFRUGLQJO WKH %RDUG LVVDWLV?HG WKDW
WKH
WUXVW LVRI DNLQG UHIHUUHG WRLQVHFWLRQ   D 
7KH
WUXVW KDVDQDPH WKDWFRPSOLHV ZLWKVHFWLRQ DQG WKH
WUXVWHHV
RIWKH FKDULWDEOH WUXVWDUHTXDOL?HG WREH RI?FHUV RID
FKDULWDEOH
HQWLW
7KH
WUXVWHHV RIWKH WUXVW TXDOLI IRUUHJLVWUDWLRQ DVDFKDULWDEOH
HQWLW
 6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
H[DPSOH DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   1DPH
RIHQWLW 7KH
QDPH RIDQ HQWLW FRPSOLHV ZLWKWKLVVHFWLRQ LI? D WKH
HQWLW LVLQFRUSRUDWHG XQGHUWKDWQDPH XQGHU WKH
,QFRUSRUDWHG
6RFLHWLHV$FW RU E WKH
HQWLW LVLQFRUSRUDWHG XQGHUWKDWQDPH XQGHU WKH
&KDULWDEOH
7UXVWV $FW RU F WKH
HQWLW LVLQFRUSRUDWHG XQGHUWKDWQDPH XQGHU WKH
&RPSDQLHV
$FW RU G WKH
HQWLW LVHVWDEOLVKHG RUFRQVWLWXWHG EDQ$FW XQGHU
WKDW
QDPH RU H LQ
DQ RWKHU FDVHLQWKH RSLQLRQ RIWKH %RDUG WKHQDPH
LV
QRW? L RI
IHQVLYH RU 

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  LL OLDEOH
WRPLVOHDG WKHSXEOLF 6HFWLRQ
 H DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   4XDOL?FDWLRQV
RIRI?FHUV RIFKDULWDEOH HQWLWLHV  $
SHUVRQ ZKRLVQRW GLVTXDOL?HG EWKLV VHFWLRQ LVTXDOL?HG WR
EH
DQRI?FHU RIDFKDULWDEOH HQWLW  7KH
IROORZLQJ SHUVRQVDUHGLVTXDOL?HG IURPEHLQJ RI?FHUV RI
FKDULWDEOH
HQWLWLHV D DQ
LQGLYLGXDO ZKRLVDQ XQGLVFKDU JHGEDQNUXSW E DQ
LQGLYLGXDO ZKRLVXQGHU WKHDJH RI HDUV F DQ
LQGLYLGXDO ZKRRUDERG FRUSRUDWH WKDWKDVEHHQ
FRQYLFWHG
RIDFULPH LQYROYLQJ GLVKRQHVW ZLWKLQWKH
PHDQLQJ
RIVHFWLRQ   RIWKH &ULPHV $FW DQG
KDV
EHHQ VHQWHQFHG IRUWKDW FULPH ZLWKLQ WKHODVW HDUV G DQ
LQGLYLGXDO ZKRLVSURKLELWHG IURPEHLQJ DGLUHFWRU
RU
SURPRWHU RIRUEHLQJ FRQFHUQHG RUWDNLQJ SDUWLQ
WKH
PDQDJHPHQW RIDQLQFRUSRUDWHG RUXQLQFRUSRUDWHG
ERG
XQGHU WKH&RPSDQLHV $FW WKH 6HFXULWLHV $FW

WKH 6HFXULWLHV 0DUNHWV$FW RU WKH 7DNHRYHUV
$FW
  H DQ
LQGLYLGXDO ZKRRUDERG FRUSRUDWH WKDWLVGLVTXDOL
?HG
IURP EHLQJ DQRI?FHU RIDFKDULWDEOH HQWLWXQGHU
VHFWLRQ
   I DQ
LQGLYLGXDO ZKRLVVXEMHFW WRDSURSHUW RUGHUPDGH
XQGHU
WKH3URWHFWLRQ RI3HUVRQDO DQG3URSHUW 5LJKWV
$FW
 RU ZKRVH SURSHUW LVPDQDJHG EDWUXVWHH
FRUSRUDWLRQ
XQGHUVHFWLRQ RIWKDW $FW J D
ERG FRUSRUDWH WKDWLVEHLQJ ZRXQG XSLVLQ OL
TXLGDWLRQ
RUUHFHLYHUVKLS RULVVXEMHFW WRVWDWXWRU
PDQDJHPHQW
XQGHUWKH&RUSRUDWLRQV ,QYHVWLJDWLRQ DQG
0DQDJHPHQW
$FW  K LQ
UHODWLRQ WRDQ SDUWLFXODU HQWLWDQ LQGLYLGXDO ZKRRU
D
ERG FRUSRUDWH WKDWGRHV QRWFRPSO ZLWKDQTXDOL
?FDWLRQV
IRURI?FHUV FRQWDLQHG LQWKH UXOHV RIWKDW HQWLW   6XEVHFWLRQ
 GRHV QRWDSSO WRDQ RI?FHU RIDQ HQWLW LIWKDW
RI
?FHU ZDVDSSRLQWHG XQGHUDQ$FW EWKH *RYHUQRU *HQHUDO
E
WKH *RYHUQRU *HQHUDO LQ&RXQFLO RUE D0LQLVWHU  

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V  7KH
%RDUG PDZDLYH WKHDSSOLFDWLRQ RIDQ RIWKH GLVTXDOLI
LQJ
IDFWRUV VHWRXW LQVXEVHFWLRQ  D WR J LQUHODWLRQ WRDQ
RI
?FHU RIWKDW HQWLW   ,I
WKH %RDUG ZDLYHV WKHDSSOLFDWLRQ RIDGLVTXDOLILQJ IDFWRUVHW
RXW
LQVXEVHFWLRQ  D WR J  WKHRI?FHU WRZKRP WKHZDLYHU
UHODWHV
PXVWQRWEHWUHDWHG DVEHLQJ GLVTXDOL?HG IURPEHLQJ DQ
RI
?FHU RIDFKDULWDEOH HQWLWLQUHODWLRQ WRWKH HQWLW EUHDVRQ
RI
WKH DSSOLFDWLRQ RIWKDW GLVTXDOLILQJ IDFWRU  7KH
ZDLYHU PDEHJUDQWHG RQDQ WHUPV RUFRQGLWLRQV WKDWWKH
%RDUG
WKLQNV ?W  7KH
%RDUG PDYDU DZDLYHU LQWKH VDPH ZDDVDZDLYHU PD
EH
JUDQWHG XQGHUWKLVVHFWLRQ  7KH
%RDUG PDUHYRNH DZDLYHU JUDQWHG XQGHUWKLVVHFWLRQ  ,I
WKH %RDUG GHFLGHV WRH[HUFLVH DSRZHU XQGHUVXEVHFWLRQ  
 
RU   LWPXVW GLUHFW WKHFKLHI H[HFXWLYH WRJLYH WKHHQWLW
ZULWWHQ
QRWLFHRIWKH GHFLVLRQ 6HFWLRQ
  G  VXEVWLWXWHG RQ2FWREHU EVHFWLRQ RIWKH 6HFXU 
LWLHV
$PHQGPHQW $FW  1R  6HFWLRQ
  UHSODFHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  UHSODFHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  UHSODFHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  UHSODFHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  UHSODFHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  LQVHUWHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  $SSOLFDWLRQV
IRUUHJLVWUDWLRQ  $SSOLFDWLRQ
IRUUHJLVWUDWLRQ  $Q
DSSOLFDWLRQ IRUUHJLVWUDWLRQ RIDQ HQWLW DVDFKDULWDEOH HQ
WLW
PXVW EHVHQW RUGHOLYHUHG WRWKH FKLHI H[HFXWLYH DQGPXVW? D EH
LQWKH IRUP SUHVFULEHG EWKH FKLHI H[HFXWLYH DQG E EH
DFFRPSDQLHG EDGRFXPHQW LQWKH IRUP SUHVFULEHG
E
WKH FKLHI H[HFXWLYH VLJQHGERU RQ EHKDOI RIHYHU
SHUVRQ
ZKRLVDQ RI?FHU RIWKH HQWLW WKDW FRQWDLQV DFHU 
WL?FDWLRQ
WKDWWKHSHUVRQ LVQRW GLVTXDOL?HG IURPEHLQJ 

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  DQ
RI?FHU RIDFKDULWDEOH HQWLWLQUHODWLRQ WRWKH HQWLW
XQGHU
VHFWLRQ DQG F EH
DFFRPSDQLHG EDFRS RIWKH UXOHV RIWKH HQWLW DQG G EH
DFFRPSDQLHG EWKH IHHSUHVFULEHG EUHJXODWLRQV IRU
WKH
DSSOLFDWLRQ LIDQ  DQG H FRQWDLQ
RUEH DFFRPSDQLHG EDQ RWKHU LQIRUPDWLRQ
RU
GRFXPHQWDWLRQ SUHVFULEHGEWKH FKLHI H[HFXWLYH  ,I
DUHTXHVW IRUDZDLYHU XQGHUVHFWLRQ KDV EHHQ PDGH LQ
UHODWLRQ
WRDQ RI?FHU RIDQ HQWLW WKH GRFXPHQW UHIHUUHGWR
LQ
VXEVHFWLRQ  E LVQRW UHTXLUHG WRFRQWDLQ DFHUWL?FDWLRQ
UHIHUUHG
WRLQWKDW SDUDJUDSK LQUHODWLRQ WRWKDW RI?FHU  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  D  UHSODFHGRQ)HEUXDU EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW  1R  6HFWLRQ
  D  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ)HEUXDU EVHFWLRQ   RIWKH &KDU 
LWLHV
$PHQGPHQW $FW  1R  6HFWLRQ
  G  DPHQGHG RQ)HEUXDU EVHFWLRQ   RIWKH &KDU 
LWLHV
$PHQGPHQW $FW  1R  6HFWLRQ
  H  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  H  DPHQGHG RQ )HEUXDU EVHFWLRQ   RIWKH &KDU 
LWLHV
$PHQGPHQW $FW  1R   &KLHI
H[HFXWLYH WRFRQVLGHU DSSOLFDWLRQ  7KH
FKLHI H[HFXWLYH PXVWDVVRRQ DVSUDFWLFDEOH DIWHUUHFHLYLQJ
D
SURSHUO FRPSOHWHG DSSOLFDWLRQ IRUUHJLVWUDWLRQ RIDQ HQWLW
DV
DFKDULWDEOH HQWLWFRQVLGHU ZKHWKHUWKHHQWLW TXDOL?HV IRU
UHJLVWUDWLRQ
DVDFKDULWDEOH HQWLW  ,Q
FRQVLGHULQJ WKHDSSOLFDWLRQ WKHFKLHI H[HFXWLYH PDUHTXHVW
WKDW
WKHDSSOLFDQW VXSSOIXUWKHU LQIRUPDWLRQ RUGRFXPHQWD
WLRQ  ,Q
FRQVLGHULQJ DQDSSOLFDWLRQ WKHFKLHI H[HFXWLYH PXVW? D KDYH
UHJDUG WR? L WKH
DFWLYLWLHV RIWKH HQWLW DWWKH WLPH DWZKLFK WKH
DSSOLFDWLRQ
ZDVPDGH DQG LL WKH
SURSRVHG DFWLYLWLHVRIWKH HQWLW DQG 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V LLL DQ
RWKHU LQIRUPDWLRQ WKDWLWFRQVLGHUV LVUHOH
YDQW
DQG E REVHUYH
WKHUXOHV RIQDWXUDO MXVWLFH DQG F JLYH
WKHDSSOLFDQW? L QRWLFH
RIDQ PDWWHU WKDWPLJKW UHVXOWLQLWV DSSOL
FDWLRQ
EHLQJGHFOLQHG DQG LL D
UHDVRQDEOH RSSRUWXQLW WRPDNH VXEPLVVLRQV WR
WKH
FKLHI H[HFXWLYH RQWKH PDWWHU   ’HVSLWH
VXEVHFWLRQ  WKHFKLHI H[HFXWLYH LVQRW UHTXLUHG WR
FRQVLGHU
DQDSSOLFDWLRQ WKDWKDVEHHQ PDGH LQEUHDFK RIVHFWLRQ
 
 6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  F LL  DPHQGHGRQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   %RDUG
WRGHFLGH DSSOLFDWLRQ IRUUHJLVWUDWLRQ  $IWHU
FRQVLGHULQJ DQDSSOLFDWLRQ WKHFKLHI H[HFXWLYH PXVWUHF
RPPHQG
WRWKH %RDUG WKDWLWHLWKHU JUDQWRUGHFOLQH WKHDSSOL
FDWLRQ  ,I
WKH %RDUG LVVDWLV?HG WKDWWKHHQWLW TXDOL?HV IRUUHJLVWUDWLRQ
DV
DFKDULWDEOH HQWLWWKH %RDUG PXVWJUDQW WKHDSSOLFDWLRQ DQG
GLUHFW
WKHFKLHI H[HFXWLYH WR? D UHJLVWHU
WKHHQWLW DVDFKDULWDEOH HQWLWDQG E DOORFDWH
DUHJLVWUDWLRQ QXPEHUWRWKH HQWLW DQG F QRWLI
WKHHQWLW RILWV UHJLVWUDWLRQ DQGRILWV UHJLVWUDWLRQ
QXPEHU
  7KH
%RDUG LVQRW UHTXLUHG WRIROORZ DIRUPDO SURFHVV ZKHQLW
DFWV
XQGHU VXEVHFWLRQ    ,I
DIWHU FRQVLGHULQJ DQDSSOLFDWLRQ WKH%RDUG LVQRW VDWLV?HG
WKDW
DQHQWLW LVTXDOL?HG WREH UHJLVWHUHG DVDFKDULWDEOH HQWLW
WKH
%RDUG PXVWJLYHWKHFKLHI H[HFXWLYH WKHUHDVRQV IRULWV 

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  GHFLVLRQ
DQGGLUHFW WKHFKLHI H[HFXWLYH WRQRWLI WKHHQWLW RI
WKH
%RDUG? VGHFLVLRQ DQGWKHUHDVRQV IRULW  %HIRUH
DFWLQJXQGHUVXEVHFWLRQ  LQDQ FDVH WKH%RDUG PXVW
EH
VDWLV?HG WKDWWKHFKLHI H[HFXWLYH KDVFRPSOLHG ZLWKVHFWLRQ
 
LQWKDW FDVH 6HFWLRQ
UHSODFHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV $PHQG
PHQW
$FW 1R    1R   %RDUG
PDEDFNGDWH UHJLVWUDWLRQ RIHQWLW DVFKDULWDEOH
HQWLW  7KH
%RDUG PDLI LWWKLQNV ?WGLUHFW WKHFKLHI H[HFXWLYH WR
UHJLVWHU
DQRWLFH LQWKH UHJLVWHU RIFKDULWDEOH HQWLWLHVWKDWVSH
FL?HV
WKDWDQHQWLW PXVWEHWUHDWHG DVKDYLQJ EHFRPH UHJLV
WHUHG
DVDFKDULWDEOH HQWLWDWDWLPH WKH HIIHFWLYH
UHJLVWUD
WLRQ
WLPH WKDW LVEHIRUH WKHWLPH DWZKLFK WKHHQWLW DFWXDOO
EHFDPH
UHJLVWHUHG DVDFKDULWDEOH HQWLW  +RZHYHU
WKH HIIHFWLYH UHJLVWUDWLRQ WLPHPXVW QRW? D LQ
WKH FDVH RIDWUXVW VRFLHW RU DQ LQVWLWXWLRQ UHIHUUHGWR
LQ
VHFWLRQ   RIWKH (VWDWH DQG*LIW ’XWLHV $FW
FUHDWHG
RUHVWDEOLVKHG EDJLIW DIWHU WKHFRPPHQFHPHQW
RI
WKLV VHFWLRQ EHHDUOLHU WKDQWKHWLPH WKDWWKHJLIW ZDV
PDGH
DQG E LQ
DQ RWKHU FDVHEHHDUOLHU WKDQWKHWLPH WKDWWKHFKLHI
H[HFXWLYH
UHFHLYHGDSURSHUO FRPSOHWHG DSSOLFDWLRQ IRU
UHJLVWUDWLRQ
RIWKH HQWLW DVDFKDULWDEOH HQWLW  %HIRUH
WKH%RDUG H[HUFLVHV LWVSRZHUV XQGHUVXEVHFWLRQ  
WKH
%RDUG PXVWEHVDWLV?HG WKDWWKHHQWLW ZDVTXDOL?HG IRU
UHJLVWUDWLRQ
DVDFKDULWDEOH HQWLWDWDOO WLPHV GXULQJ WKHSHULRG
EHWZHHQ
WKHHIIHFWLYH UHJLVWUDWLRQ WLPHDQGWKHWLPH DWZKLFK
WKH
HQWLW DFWXDOO EHFDPHUHJLVWHUHG DVDFKDULWDEOH HQWLW  ,I
WKH %RDUG H[HUFLVHV LWVSRZHUV XQGHUVXEVHFWLRQ  LQUHOD
WLRQ
WRDQ HQWLW WKH HQWLW PXVWEHWUHDWHG DVKDYLQJ EHFRPH
UHJLVWHUHG
DVDFKDULWDEOH HQWLWDWWKH HIIHFWLYH UHJLVWUDWLRQ
WLPH
IRUWKH SXUSRVHV RIWKLV $FW WKH,QFRPH 7D[ $FW  
DQG
WKH(VWDWH DQG*LIW ’XWLHV $FW  6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V 6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ$SULO  EVHFWLRQ =$  RIWKH ,QFRPH
7
D[ $FW   1R  5HJLVWHU
RIFKDULWDEOH HQWLWLHVHVWDEOLVKHG  5HJLVWHU
RIFKDULWDEOH HQWLWLHV  $
UHJLVWHU FDOOHGWKHUHJLVWHU RIFKDULWDEOH HQWLWLHVLVHVWDE
OLVKHG  7KH
UHJLVWHU PDEH? D DQ
HOHFWURQLF UHJLVWHURU E NHSW
LQDQ RWKHU PDQQHU WKDWWKHFKLHI H[HFXWLYH WKLQNV
?W  7KH
UHJLVWHU PXVWEHRSHUDWHG DWDOO WLPHV XQOHVV? D WKH
FKLHI H[HFXWLYH VXVSHQGVWKHRSHUDWLRQ RIWKH UHJLV
WHU
LQ ZKROH RULQSDUW LQDFFRUGDQFH ZLWKVXEVHFWLRQ
 
RU E RWKHUZLVH
SURYLGHGLQUHJXODWLRQV  7KH
FKLHI H[HFXWLYH PDUHIXVH DFFHVV WRWKH UHJLVWHU RURWKHU 
ZLVH
VXVSHQG WKHRSHUDWLRQ RIWKH UHJLVWHU LQ ZKROH RULQSDUW
LI
WKH FKLHI H[HFXWLYH FRQVLGHUVWKDWLWLV QRW SUDFWLFDO WRSUR
YLGH
DFFHVV WRWKH UHJLVWHU  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  D  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   3XUSRVH
RIUHJLVWHU 7KH
SXUSRVH RIWKH UHJLVWHU LV? D WR
HQDEOH DPHPEHU RIWKH SXEOLF WR? L GHWHUPLQH
ZKHWKHUDQHQWLW LVUHJLVWHUHG DVD
FKDULWDEOH
HQWLWXQGHUWKLV$FW DQG LL REWDLQ
LQIRUPDWLRQ FRQFHUQLQJWKHQDWXUH DFWLY
LWLHV
DQGSXUSRVHV RIFKDULWDEOH HQWLWLHVDQG 

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  LLL NQRZ
KRZWRFRQWDFW DFKDULWDEOH HQWLWDQG E WR
DVVLVW DQSHUVRQ? L LQ
WKH H[HUFLVH RIWKH SHUVRQ? VSRZHUV XQGHUWKLV
$FW
RUDQ RWKHU HQDFWPHQW RU LL LQ
WKH SHUIRUPDQFH RIWKH SHUVRQ? VIXQFWLRQV
XQGHU
WKLV$FWRUDQ RWKHU HQDFWPHQW  &KLHI
H[HFXWLYH LVUHJLVWUDU RIUHJLVWHU  7KH
FKLHI H[HFXWLYH KROGVWKHRI?FH RIUHJLVWUDU RIWKH UHJLVWHU   7KH
FKLHI H[HFXWLYH PXVWHQVXUH WKDWWKHUHJLVWHU LVFRPSLOHG
DQG
PDLQWDLQHG 6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   &RQWHQWV
RIUHJLVWHU  7KH
UHJLVWHU PXVWFRQWDLQ WKHIROORZLQJ LQIRUPDWLRQ DQGGRFX
PHQWV
IRUHDFK FKDULWDEOH HQWLW D WKH
QDPH RIWKH HQWLW DQG E WKH
DGGUHVV IRUVHUYLFH RIWKH HQWLW DQG F WKH
UHJLVWUDWLRQ QXPEHURIWKH HQWLW DQG G WKH
QDPHV RIWKH RI?FHUV RIWKH HQWLW DQGRIDOO SHUVRQV
ZKR
KDYH EHHQRI?FHUV RIWKH HQWLW VLQFHWKHHQWLW ZDV
?UVW
UHJLVWHUHG DVDFKDULWDEOH HQWLWDQG H D
FRS RIWKH UXOHV RIWKH HQWLW DQG I WKH
DSSOLFDWLRQ IRUUHJLVWUDWLRQ RIWKH HQWLW DVDFKDULW
DEOH
HQWLW LQFOXGLQJ DOOUHTXLUHG DFFRPSDQLQJ LQIRU
PDWLRQ
DQGGRFXPHQWV  DQG J HDFK
DQQXDO UHWXUQVHQWRUGHOLYHUHG WRWKH FKLHI H[HFX
WLYH
EWKH HQWLW DQG K HDFK
QRWLFH RIFKDQJH VHQWRUGHOLYHUHG XQGHUVHFWLRQ

DQG L WKH
WHUPV DQGFRQGLWLRQV RIDQ H[HPSWLRQ JUDQWHG
XQGHU
VHFWLRQ WKDW LVLQ IRUFH LQUHODWLRQ WRWKH HQWLW   7KH
UHJLVWHU PXVWFRQWDLQ DQRWKHU LQIRUPDWLRQ RUGRFXPHQWV
SUHVFULEHG
EUHJXODWLRQV 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V  7KLV
VHFWLRQ LVVXEMHFW WRVHFWLRQ  6HFWLRQ
  J  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ)HEUXDU EVHFWLRQ RI WKH &KDULWLHV
$PHQGPHQW
$FW  1R   &KLHI
H[HFXWLYH PDDOORZ LQIRUPDWLRQ DQGGRFXPHQWV
WR
EH RPLWWHG RUUHPRYHG IURP UHJLVWHU DQGPD UHVWULFW
SXEOLF
DFFHVVWRLQIRUPDWLRQ DQGGRFXPHQWV  7KH
FKLHI H[HFXWLYH PDUHPRYH RURPLW IURP WKHUHJLVWHU DQ
LQIRUPDWLRQ
RUGRFXPHQWV WKDWUHODWH WRDFKDULWDEOH HQWLWLI? D WKH
FKDULWDEOH HQWLWLVUHPRYHG IURPWKHUHJLVWHU RU E WKH
FKLHI H[HFXWLYH FRQVLGHUV LQWKH SXEOLF LQWHUHVW WKDW
WKH
LQIRUPDWLRQ RUGRFXPHQWV VKRXOGQRWIRUP SDUWRI
WKH
UHJLVWHU   7KH
FKLHI H[HFXWLYH PDRQ DUHTXHVW IURPDQHQWLW RURQ LWV
RZQ
PRWLRQ SUHYHQWRUUHVWULFW SXEOLFDFFHVV WRDQ LQIRUPD
WLRQ
RUGRFXPHQWV WKDWUHODWH WRWKH HQWLW LIWKH FKLHI H[HFXWLYH
FRQVLGHUV
LQWKH SXEOLF LQWHUHVW WKDWSXEOLF DFFHVV WRWKDW LQIRU 
PDWLRQ
RUWKRVH GRFXPHQWV VKRXOGEHSUHYHQWHG RUUHVWULFWHG  )RU
WKHSXUSRVHV RIVXEVHFWLRQ  WKHFKLHI H[HFXWLYH PD
SUHYHQW
RUUHVWULFW DFFHVVVXEMHFW WRDQ WHUPV DQGFRQGLWLRQV
WKDW
LWWKLQNV ?W  7KLV
VHFWLRQ GRHVQRWOLPLW WKH2I?FLDO ,QIRUPDWLRQ $FW  6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   $PHQGPHQWV
WRUHJLVWHU 7KH
FKLHI H[HFXWLYH PDDW DQ WLPH PDNH DQDPHQGPHQWV
WR
WKH UHJLVWHU WKDWDUHQHFHVVDU? D WR
UH?HFW DQFKDQJHV LQWKH LQIRUPDWLRQ WKDWUHODWHV WR
D
FKDULWDEOH HQWLWRU 

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  E WR
FRUUHFW DPLVWDNH FDXVHGEDQ HUURU RURPLVVLRQ RQ
WKH
SDUW RIWKH FKLHI H[HFXWLYH RU F IRU
WKH SXUSRVHV RIVHFWLRQ RU G WR
FRPSO ZLWKDQRUGHU PDGH XQGHU VHFWLRQ RUVHF 
WLRQ
 6HFWLRQ
DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV $PHQG
PHQW
$FW 1R    1R  6HFWLRQ
 E DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HDU
FKHV RIUHJLVWHU  6HDU
FKRIUHJLVWHU  $
SHUVRQ PDVHDUFK WKHUHJLVWHU LQDFFRUGDQFH ZLWKWKLV$FW
RU
UHJXODWLRQV  7KH
UHJLVWHU PDEHVHDUFKHG RQOEUHIHUHQFH WRWKH IROORZ
LQJ
FULWHULD D WKH
QDPH RIWKH FKDULWDEOH HQWLW E WKH
UHJLVWUDWLRQ QXPEHURIWKH FKDULWDEOH HQWLW F WKH
QDPH RIDQ RI?FHU RIWKH FKDULWDEOH HQWLW G DQ
RWKHU FULWHULD SUHVFULEHG EUHJXODWLRQV 6HFWLRQ
  G  DPHQGHG RQ)HEUXDU EVHFWLRQ RI WKH &KDULWLHV
$PHQGPHQW
$FW  1R   6HDU
FKSXUSRVHV $
VHDUFK RIWKH UHJLVWHU PDEHFDUULHG RXWRQO EWKH IROORZ
LQJ
SHUVRQV IRUWKH IROORZLQJ SXUSRVHV D DQ
LQGLYLGXDO RUDSHUVRQ ZLWKWKHFRQVHQW RIWKH LQ
GLYLGXDO
IRUWKH SXUSRVH RIVHDUFKLQJ IRULQIRUPDWLRQ
DERXW
WKDWLQGLYLGXDO E D
SHUVRQ IRUWKH SXUSRVH RIGHWHUPLQLQJ ZKHWKHUDQHQ
WLW
LVUHJLVWHUHG DVDFKDULWDEOH HQWLWXQGHUWKLV$FW F D
SHUVRQ IRUWKH SXUSRVH RIREWDLQLQJ LQIRUPDWLRQ FRQ
FHUQLQJ
WKHQDWXUH DFWLYLWLHV DQGSXUSRVHV RIDFKDULW
DEOH
HQWLW G D
SHUVRQ IRUWKH SXUSRVH RINQRZLQJ KRZWRFRQWDFW D
FKDULWDEOH
HQWLW H D
SHUVRQ IRUWKH SXUSRVH RIDVVLVWLQJ WKHSHUVRQ LQWKH
H[HUFLVH
RIWKH SHUVRQ? VSRZHUV XQGHUWKLV$FWRUDQ
RWKHU
HQDFWPHQW 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V I D
SHUVRQ IRUWKH SXUSRVH RIDVVLVWLQJ WKHSHUVRQ LQWKH
SHUIRUPDQFH
RIWKH SHUVRQ? VIXQFWLRQV XQGHUWKLV$FWRU
DQ
RWKHU HQDFWPHQW  :KHQ
VHDUFKFRQVWLWXWHV LQWHUIHUHQFHZLWK SULYDF RI
LQGLYLGXDO $
VHDUFK RIWKH UHJLVWHU IRUSHUVRQDO LQIRUPDWLRQ WKDWKDVQRW
EHHQ
FDUULHG RXWLQDFFRUGDQFH ZLWKVHFWLRQV DQG FRQ
VWLWXWHV
DQDFWLRQ WKDWLVDQ LQWHUIHUHQFH ZLWKWKHSULYDF RIDQ
LQGLYLGXDO
XQGHUVHFWLRQ RIWKH 3ULYDF $FW 6XSSO
RIUHJLVWHU LQIRUPDWLRQ DQGGRFXPHQWV  &KLHI
H[HFXWLYH PDVXSSO UHJLVWHU LQIRUPDWLRQ RU
GRFXPHQWV
IRUSXUSRVHV RI,QODQG 5HYHQXH $FWV  7KH
FKLHI H[HFXWLYH PDVXSSO DQUHJLVWHU LQIRUPDWLRQ RU
GRFXPHQWV
WRDSHUVRQ IRUWKH SXUSRVH RIDVVLVWLQJ WKHSHUVRQ
LQ
WKH H[HUFLVH RIWKH SHUVRQ? VSRZHUV XQGHUDQRIWKH ,QODQG
5HYHQXH
$FWVRULQWKH SHUIRUPDQFH RIWKH SHUVRQ? VIXQFWLRQV
XQGHU
DQRIWKH ,QODQG 5HYHQXH $FWVLILQWKH RSLQLRQ RIWKH
FKLHI
H[HFXWLYH LWLV LQ DOO WKH FLUFXPVWDQFHV DSSURSULDWHWRGR
VR  )RU
WKHSXUSRVHV RIWKLV VHFWLRQ U
HJLVWHU LQIRUPDWLRQ RU
GRFXPHQWV
PHDQV? D LQIRUPDWLRQ
RUGRFXPHQWV WKDWDUHFRQWDLQHG LQWKH
UHJLVWHU E LQIRUPDWLRQ
RUGRFXPHQWV WKDWZRXOG KDYHEHHQFRQ
WDLQHG
LQWKH UHJLVWHU EXWIRUWKH H[HUFLVH RIDSRZHU
XQGHU
VHFWLRQ WRRPLW RUUHPRYH WKDWLQIRUPDWLRQ RU
WKRVH
GRFXPHQWV IURPWKHUHJLVWHU  ([DPSOH$
VRFLHW KDVEHFRPH UHJLVWHUHG DVDFKDULWDEOH HQWLW
0HPEHUV
RIWKH SXEOLF GRQDWH PRQHWRWKH VRFLHW DQGFODLP
UHEDWHV
RILQFRPH WD[LQUHVSHFW RIWKRVH JLIWVXQGHU VXESDUW /’
RI
WKH ,QFRPH 7D[ $FW 
,Q
RUGHU WRGHWHUPLQH ZKHWKHUDUHEDWH FDQSURSHUO EHFODLPHG
WKH
,QODQG 5HYHQXH ’HSDUWPHQW QHHGVWRFRQVLGHU ZKHWKHUWKH
VRFLHW
LVRI DNLQG UHIHUUHG WRLQVXESDUW /’RIWKH ,QFRPH 7D[ $FW

7KHLQIRUPDWLRQ FRQWDLQHGLQWKH DSSOLFDWLRQ IRUUHJLVWUDWLRQ
RI
WKH VRFLHW DVDFKDULWDEOH HQWLWFRXOGDVVLVW LQWKLV SURFHVV 

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  ([DPSOH
?FRQWLQXHG
7KH
FKLHI H[HFXWLYH PDVXSSO DFRS RIWKH DSSOLFDWLRQ IRUUHJLV
WUDWLRQ
RIWKH VRFLHW DVDFKDULWDEOH HQWLWWRWKH ,QODQG 5HYHQXH
’HSDUWPHQW 6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
H[DPSOH DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
H[DPSOH DPHQGHG RQ$SULO  EVHFWLRQ =$  RIWKH ,Q
FRPH
7D[ $FW   1R  ’HU
HJLVWUDWLRQ RIFKDULWDEOH HQWLWLHV  ’HU
HJLVWUDWLRQ RIFKDULWDEOH HQWLWIURP UHJLVWHU  $Q
HQWLW LVGHUHJLVWHUHG DVDFKDULWDEOH HQWLWLILWLV UHPRYHG
IURP
WKHUHJLVWHU   $Q
HQWLW LVUHPRYHG IURPWKHUHJLVWHU LIWKH %RDUG GLUHFWV WKDW
D
QRWLFH EHUHJLVWHUHG LQWKH UHJLVWHU WKDW? D VWDWHV
WKDWWKHHQWLW LVUHPRYHG IURPWKHUHJLVWHU DQG E VWDWHV
WKHGDWH RQZKLFK WKHUHPRYDO LVHIIHFWLYH  7KH
HQWLW FHDVHV WREH DFKDULWDEOH HQWLWRQWKH GDWH UHIHUUHG
WR
LQVXEVHFWLRQ  E   7KH
%RDUG PDLI LWKDV UHPRYHG DQHQWLW IURPWKHUHJLVWHU 
PDNH
HLWKHU RUERWK RIWKH IROORZLQJ RUGHUV D DQ
RUGHU WKDWDQDSSOLFDWLRQ IRUWKH UHUHJLVWUDWLRQ RIWKH
HQWLW
DVDFKDULWDEOH HQWLWPXVWQRWEHPDGH EHIRUH WKH
H[SLU
RIDVSHFL?HG SHULRG E DQ
RUGHU GLVTXDOLILQJ DQRI?FHU RIWKH HQWLW IURPEHLQJ
DQ
RI?FHU RIDFKDULWDEOH HQWLWIRUDVSHFL?HG SHULRGWKDW
GRHV
QRWH[FHHG HDUV 6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V  *U
RXQGV IRUUHPRYDO IURP UHJLVWHU  7KH
%RDUG PDGLUHFW WKDWDQHQWLW EHUHPRYHG IURPWKHUHJLV
WHU
LI? D WKH
HQWLW LVQRW RULVQR ORQJHU TXDOL?HG IRUUHJLVWUDWLRQ
DV
DFKDULWDEOH HQWLWRU E WKHUH
KDVEHHQ DVLJQL?FDQW RUSHUVLVWHQW IDLOXUHEWKH
HQWLW
WRPHHW LWVREOLJDWLRQV XQGHUWKLV$FWRUDQ RWKHU
HQDFWPHQW
RU F WKHUH
KDVEHHQ DVLJQL?FDQW RUSHUVLVWHQW IDLOXUHEDQ

RU PRUH RIWKH RI?FHUV RIWKH HQWLW WRPHHW WKHLUREOL
JDWLRQV
XQGHUWKLV$FW RU G WKHUH
KDVEHHQ DVLJQL?FDQW RUSHUVLVWHQW IDLOXUHEDQ

RU PRUH FROOHFWRUV ZKRDFWRQEHKDOI RIWKH HQWLW WR
PHHW
WKHLUREOLJDWLRQV XQGHUWKLV$FW RU H WKH
HQWLW KDVHQJDJHG LQVHULRXV ZURQJGRLQJ RUDQ SHU
VRQ
KDVHQJDJHG LQVHULRXV ZURQJGRLQJ LQFRQQHFWLRQ
ZLWK
WKHHQWLW RU I WKH
HQWLW KDVVHQW RUGHOLYHUHG WRWKH FKLHI H[HFXWLYH D
UHTXHVW
WREH UHPRYHG IURPWKHUHJLVWHU   )RU
WKHSXUSRVHV RIVXEVHFWLRQ  D WKHWUXVWHHV RIDWUXVW
PXVW
EHWUHDWHG DVEHLQJ QRORQJHU TXDOL?HG IRUUHJLVWUDWLRQ
DV
DFKDULWDEOH HQWLWLIDVDUHVXOW RIDFKDQJH WRWKH UXOHV RU
SXUSRVHV
RIWKH HQWLW WKH WUXVW LVQR ORQJHU RIDNLQG LQUHODWLRQ
WR
ZKLFK DQDPRXQW RILQFRPH FDQEHGHULYHG EWKH WUXVWHHV
LQ
WUXVW IRUFKDULWDEOH SXUSRVHV  6XEVHFWLRQ
 GRHV QRWOLPLW WKHFLUFXPVWDQFHV LQZKLFK DQ
HQWLW
PDEHFRQVLGHUHG WREH QR ORQJHU TXDOL?HG IRUUHJLV
WUDWLRQ
DVDFKDULWDEOH HQWLW 6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  I  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   1RWLFH
RILQWHQWLRQ WRUHPRYH IURP UHJLVWHU  7KH
FKLHI H[HFXWLYH PXVWEHIRUH DQHQWLW LVUHPRYHG IURPWKH
UHJLVWHU
XQGHUVHFWLRQ   D WR H JLYH QRWLFH RIWKH PDWWHUV
VHW
RXW LQVXEVHFWLRQ  WRWKH HQWLW   7KDW
QRWLFH PXVWVSHFLI? D WKH
QDPH RIWKH HQWLW DQG 

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  E WKH
UHJLVWUDWLRQ QXPEHURIWKH HQWLW DQG F WKH
SURYLVLRQ RIWKLV $FWXQGHU ZKLFK DQGWKHJURXQGV
RQ
ZKLFK LWLV LQWHQGHG WRUHPRYH WKHHQWLW IURPWKH
UHJLVWHU
DQG G WKH
GDWH EZKLFK DQREMHFWLRQ WRWKH UHPRYDO IURPWKH
UHJLVWHU
PXVWEHUHFHLYHG EWKH FKLHI H[HFXWLYH ZKLFK
PXVW
EHQRW OHVV WKDQ ZRUNLQJ GDVDIWHUWKHGDWH RI
WKH
QRWLFH 6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  G  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   2EMHFWLRQ
WRUHPRYDO IURP UHJLVWHU 7KH
HQWLW DQGDQRI?FHU RIWKH HQWLW PDVHQG RUGHOLYHU WR
WKH
FKLHI H[HFXWLYH DQREMHFWLRQ WRWKH HQWLW? VUHPRYDO IURP
WKH
UHJLVWHU RQHLWKHU RUERWK RIWKH IROORZLQJ JURXQGV D WKDW
WKHJURXQGV RQZKLFK LWLV LQWHQGHG WRUHPRYH WKH
HQWLW
IURPWKHUHJLVWHU KDYHQRWEHHQ VDWLV?HG E WKDW
IRUDQ RWKHU UHDVRQ LWZRXOG QRWEHLQWKH SXEOLF
LQWHUHVW
WRUHPRYH WKHHQWLW IURPWKHUHJLVWHU  6HFWLRQ
DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV $PHQG
PHQW
$FW 1R    1R   ’XWLHV
RI%RDUG DQGFKLHI H[HFXWLYH LIREMHFWLRQ UHFHLYHG  ,I
DQ REMHFWLRQ WRWKH UHPRYDO RIDQ HQWLW IURPWKHUHJLVWHU
XQGHU
VHFWLRQ LVUHFHLYHG EWKH FKLHI H[HFXWLYH RQRUEHIRUH
WKH
GDWH UHIHUUHG WRLQ VHFWLRQ   G WKH %RDUG PXVWQRW
SURFHHG
ZLWKWKHUHPRYDO XQOHVVWKH%RDUG LVVDWLV?HG WKDWLW
LV
LQ WKH SXEOLF LQWHUHVW WRSURFHHG ZLWKWKHUHPRYDO IURPWKH
UHJLVWHU
DQGWKDW? D 
RU PRUH RIWKH JURXQGV RIUHPRYDO IURPWKHUHJLVWHU
KDYH
EHHQVDWLV?HG RU E WKH
REMHFWLRQ KDVEHHQ ZLWKGUDZQ RU F DQ
IDFWV RQZKLFK WKHREMHFWLRQ LVEDVHG DUHQRW RUDUH
QR
ORQJHU FRUUHFW RU G WKH
REMHFWLRQ LVIULYRORXV RUYH[DWLRXV  ,I
DQ REMHFWLRQ WRWKH UHPRYDO RIDQ HQWLW IURPWKHUHJLVWHU
XQGHU
VHFWLRQ LVUHFHLYHG EWKH FKLHI H[HFXWLYH RQRUEHIRUH 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V WKH
GDWH UHIHUUHG WRLQVHFWLRQ   G DQGWKH%RDUG GHFLGHV
WR
SURFHHG ZLWKWKHUHPRYDO RIWKH HQWLW IURPWKHUHJLVWHU ? D WKH
FKLHI H[HFXWLYH PXVWJLYHWRWKH FKDULWDEOH HQWLW
QRWLFH
RI? L WKH
%RDUG? VGHFLVLRQ WRSURFHHG ZLWKWKHUHPRYDO
RI
WKH HQWLW IURPWKHUHJLVWHU DQG LL WKH
UHDVRQV IRUWKH %RDUG? VGHFLVLRQ DQG LLL WKH
HQWLW? VULJKW WRDSSHDO DJDLQVW WKHGHFLVLRQ
XQGHU
VHFWLRQ DQG E WKH
FKLHI H[HFXWLYH PXVWQRWSURFHHG WRUHPRYH WKHHQ
WLW
IURP WKHUHJLVWHU HDUOLHUWKDQZRUNLQJ GDVDIWHU
WKH
GDWH RQZKLFK WKHQRWLFH UHIHUUHG WRLQSDUDJUDSK D
LV
JLYHQ WRWKH FKDULWDEOH HQWLW 6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  UHSODFHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   %RDUG
WRREVHUYH UXOHVRIQDWXUDO MXVWLFH  ,Q
FRQVLGHULQJ ZKHWKHUWRUHPRYH DQHQWLW IURPWKHUHJLVWHU
DQG
ZKHWKHU WRPDNH DQRUGHU XQGHU VHFWLRQ   WKH %RDUG
PXVW? D REVHUYH
WKHUXOHV RIQDWXUDO MXVWLFH DQG E JLYH
WKHHQWLW DUHDVRQDEOH RSSRUWXQLW WRPDNH VXE
PLVVLRQV
WRWKH %RDUG RQWKH PDWWHU   ,Q
FRQVLGHULQJ ZKHWKHUWRGLVTXDOLI DSHUVRQ IURPEHLQJ DQ
RI
?FHU RIDFKDULWDEOH HQWLWXQGHUVHFWLRQ   WKH %RDUG
PXVW? D REVHUYH
WKHUXOHV RIQDWXUDO MXVWLFH DQG E JLYH
WKHSHUVRQ DUHDVRQDEOH RSSRUWXQLW WRPDNH VXE
PLVVLRQV
WRWKH %RDUG RQWKH PDWWHU  6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6XESDUW
? ’XWLHV
LQTXLULHV DSSHDOVDQG
RWKHU
PLVFHOODQHRXV PDWWHUVUHODWLQJ WR
FKDULWDEOH
HQWLWLHV +ROGLQJ
RXWRIIHQFHV  1R
KROGLQJ RXWXQOHVV UHJLVWHU HGXQGHU WKLV$FW  $
SHUVRQ PXVWQRW? D XVH
DVWOH RUWLWOH LQFOXGLQJ WKHZRUGV ?UHJLVWHUHG FKDU
LWDEOH
HQWLW? RU E VWDWH
RULPSO RU SHUPLW DVWDWHPHQW RULPSOLFDWLRQ
WKDW? L WKH
SHUVRQ LVUHJLVWHUHG DVDFKDULWDEOH HQWLW
XQGHU
WKLV$FW RU LL DQ
HQWLW WKDWWKHSHUVRQ DFWVRQEHKDOI RILVUHJLV
WHUHG
DVDFKDULWDEOH HQWLWXQGHUWKLV$FW  6XEVHFWLRQ
 GRHV QRWDSSO WR? D D
FKDULWDEOH HQWLWRU E D
SHUVRQ ZKRDFWVRQEHKDOI RIDFKDULWDEOH HQWLW  $
SHUVRQ PXVWQRWVWDWH RULPSO RU SHUPLW DVWDWHPHQW RU
LPSOLFDWLRQ
WKDWWKHSHUVRQ DFWVRQEHKDOI RIDFKDULWDEOH HQWLW
LI
WKH SHUVRQ GRHVQRWDFWRQEHKDOI RIWKDW FKDULWDEOH HQWLW  2IIHQFH
WRFRQWUDYHQH VHFWLRQ  (YHU
SHUVRQ ZKRDFWVLQFRQWUDYHQWLRQ RIVHFWLRQ   RU
VHFWLRQ
  FRPPLWV DQRIIHQFH DQGLVOLDEOH RQVXPPDU
FRQYLFWLRQ
WRD?QH QRWH[FHHGLQJ   3URFHHGLQJV
IRUDQRIIHQFH DJDLQVW VXEVHFWLRQ  PD EHFRP
PHQFHG
ZLWKLQHDUV DIWHUWKHPDWWHU JLYLQJ ULVHWRWKH FRQWUD
YHQWLRQ
ZDVGLVFRYHUHG RURXJKW UHDVRQDEO WRKDYH EHHQGLV
FRYHUHG 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V ’XW
RIWHOHSKRQH DQG,QWHUQHW FROOHFWRUV  ’XW
RIWHOHSKRQH DQG,QWHUQHW FROOHFWRUV WRGLVFORVH
U
HJLVWUDWLRQ QXPEHURQUHTXHVW ,I
DFROOHFWRU ZKRDFWVRQEHKDOI RIDFKDULWDEOH HQWLWLVUH
TXHVWLQJ
IXQGVFDQYDVVLQJ IRUVXEVFULSWLRQV VHOOLQJUDI?H RU
ORWWHU
WLFNHWV RUDSSHDOLQJ IRUGRQDWLRQV EPHDQV RIWKH WHOH
SKRQH
RUWKH ,QWHUQHW WKHFROOHFWRU PXVWGLVFORVH WKHUHJLVWUD
WLRQ
QXPEHU RIWKH HQWLW LIUHTXHVWHG WRGR VRE DPHPEHU RI
WKH
SXEOLF ’XW
WRQRWLI FKDQJHV  ’XW
WRQRWLI FKDQJHV WRFKLHI H[HFXWLYH  (YHU
FKDULWDEOH HQWLWPXVWHQVXUH WKDWLWVHQGV RUGHOLYHUV WR
WKH
FKLHI H[HFXWLYH QRWLFHRIDQ RIWKH IROORZLQJ FKDQJHV D D
FKDQJH WRWKH QDPH RIWKH FKDULWDEOH HQWLW E D
FKDQJH WRWKH DGGUHVV IRUVHUYLFH RIWKH FKDULWDEOH HQ
WLW F D
FKDQJH LQWKH RI?FHUV RIWKH FKDULWDEOH HQWLWZKHWKHU
DV
WKH UHVXOW RIDQ RI?FHU FHDVLQJ WRKROG RI?FH RUWKH
DSSRLQWPHQW
RIDQHZ RI?FHU RU ERWK FD D
FKDQJH WKDWGLVTXDOL?HV DQRI?FHU RIWKH FKDULWDEOH
HQWLW
IURPEHLQJ DQRI?FHU RIWKH HQWLW G D
FKDQJH LQWKH EDODQFH GDWHRIWKH FKDULWDEOH HQWLW H D
FKDQJH WRWKH UXOHV RIWKH FKDULWDEOH HQWLW I D
FKDQJH WRWKH SXUSRVHV RIWKH FKDULWDEOH HQWLW  $
QRWLFH XQGHUVXEVHFWLRQ  PXVW? D EH
LQWKH IRUP SUHVFULEHG EWKH FKLHI H[HFXWLYH LIDQ 
DQG E FRQWDLQ
RUEH DFFRPSDQLHG EDQ RWKHU LQIRUPDWLRQ RU
GRFXPHQWDWLRQ
SUHVFULEHGEWKH FKLHI H[HFXWLYH DQG F VSHFLI
WKHHIIHFWLYH GDWHRIWKH FKDQJH DQG G EH
VHQW RUGHOLYHUHG WRWKH FKLHI H[HFXWLYH ZLWKLQ

PRQWKV RIWKH ODWHU RI? L WKH
HIIHFWLYH GDWHRIWKH FKDQJH RU LL WKH
FKDULWDEOH HQWLW?UVWEHFRPLQJ DZDUHRIWKH
FKDQJH 

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO   7KLV
VHFWLRQ GRHVQRWDSSO LIWKH FKDQJH KDVEHHQ QRWL?HG LQ
DQ
DQQXDO UHWXUQVHQWRUGHOLYHUHG XQGHUVHFWLRQ EHIRUH WKH
FKDQJH
LVUHTXLUHG WREH QRWL?HG XQGHUVXEVHFWLRQ  G  6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  FD  LQVHUWHGRQ )HEUXDU EVHFWLRQ   RIWKH &KDU 
LWLHV
$PHQGPHQW $FW  1R  6HFWLRQ
  D  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  D  DPHQGHG RQ )HEUXDU EVHFWLRQ   RIWKH &KDU 
LWLHV
$PHQGPHQW $FW  1R  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ)HEUXDU EVHFWLRQ   RIWKH &KDU 
LWLHV
$PHQGPHQW $FW  1R  6HFWLRQ
  G  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  ’XW
WRSUHSDU HDQQXDO UHWXUQV  ’XW
WRSUHSDU HDQQXDO UHWXUQ  (YHU
FKDULWDEOH HQWLWPXVWHQVXUH WKDWZLWKLQ PRQWKV DIWHU
HDFK
EDODQFH GDWHRIWKH HQWLW DQ DQQXDO UHWXUQWKDWFRPSOLHV
ZLWK
VXEVHFWLRQ  LV? D FRPSOHWHG
LQUHODWLRQ WRWKH HQWLW DQGWKDW EDODQFH GDWH
DQG E GDWHG
DQGVLJQHG RQEHKDOI RIWKH HQWLW DQG F VHQW
RUGHOLYHUHG WRWKH FKLHI H[HFXWLYH  7KH
DQQXDO UHWXUQV RIFKDULWDEOH HQWLWLHVPXVWEHLQWKH IRUP
FRQWDLQ
WKHSDUWLFXODUV DQGFRPSO ZLWKWKHGLUHFWLRQV DVWR
WKH
SUHSDUDWLRQ RIWKRVH UHWXUQV WKDWDUHSUHVFULEHG EWKH FKLHI
H[HFXWLYH
XQGHUVHFWLRQ   )RU
WKHSXUSRVHV RIWKLV $FW? D DQ
HQWLW PDQRPLQDWH DEDODQFH GDWHIRUWKH HQWLW? L LQ
WKH DSSOLFDWLRQ IRUUHJLVWUDWLRQ RIWKH HQWLW DV
D
FKDULWDEOH HQWLWRU LL LQ
WKH FDVH RIDVLQJOH HQWLWRUDQ HQWLW WKDW
IRUPV
SDUWRIDVLQJOH HQWLWLQ WKH DSSOLFDWLRQ 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V IRU
UHJLVWUDWLRQ RIWKH VLQJOH HQWLWDVDFKDULWDEOH
HQWLW
DQG E D
FKDULWDEOH HQWLWPXVWEHWUHDWHG DVKDYLQJ DEDODQFH
GDWH
RI 0DUFK LQHDFK FDOHQGDU HDULIDEDODQFH GDWH
IRU
WKDW FKDULWDEOH HQWLWKDVQRWEHHQ QRPLQDWHG XQGHU
SDUDJUDSK
D   6XEMHFW
WRVXEVHFWLRQV  DQG  DQHQWLW PXVWKDYHDEDO
DQFH
GDWHLQHDFK FDOHQGDU HDU  $Q
HQWLW PDFKDQJH LWVEDODQFH GDWHIRUWKH SXUSRVHV RIWKLV
$FW
HLWKHU? D ZLWKRXW
WKHDSSURYDO RIWKH FKLHI H[HFXWLYH LI? L WKH
SHULRG EHWZHHQ DQEDODQFH GDWHVGRHVQRW
H[FHHG
PRQWKV DQG LL WKH
HQWLW FRQWLQXHV WRKDYH DEDODQFH GDWHLQHDFK
FDOHQGDU
HDURU E ZLWK
WKHDSSURYDO RIWKH FKLHI H[HFXWLYH EHIRUHWKH
FKDQJH
LVPDGH  7KH
FKLHI H[HFXWLYH PDDSSURYH DFKDQJH RIEDODQFH GDWH
ZLWK
RUZLWKRXW FRQGLWLRQV  6XEVHFWLRQ
 E LVVXEMHFW WRVXEVHFWLRQV  DQG   6HFWLRQ
  F  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ)HEUXDU EVHFWLRQ RIWKH &KDULWLHV
$PHQGPHQW
$FW  1R  6HFWLRQ
  D  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   &KLHI
H[HFXWLYH PXVWSUHVFULEH FRQWHQW RIDQQXDO UHWXUQV  7KH
FKLHI H[HFXWLYH PXVWSUHVFULEH WKHIROORZLQJ PDWWHUVLQ
UHODWLRQ
WRWKH DQQXDO UHWXUQV RIFKDULWDEOH HQWLWLHV D WKH
IRUP RIWKH UHWXUQV E WKH
SDUWLFXODUV WREH FRQWDLQHG LQWKH UHWXUQV F GLUHFWLRQV
WREH FRPSOLHG ZLWKLQWKH SUHSDUDWLRQ RIWKH
UHWXUQV 

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO   7KH
FKLHI H[HFXWLYH PDSUHVFULEH GLIIHUHQW UHTXLUHPHQWV IRU
GLI
IHUHQW WSHVRUFODVVHV RIHQWLWLHV  6HFWLRQ
$  DQG  WR  DSSO WRDIRUP RUUHTXLUHPHQW
WR
EH SUHVFULEHG XQGHUWKLVVHFWLRQ 6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
KHDGLQJ DPHQGHG RQ)HEUXDU EVHFWLRQ   RIWKH
&KDULWLHV
$PHQGPHQW $FW  1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ)HEUXDU EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW  1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ)HEUXDU EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW  1R  6HFWLRQ
  LQVHUWHG RQ)HEUXDU EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW  1R  ([HPSWLRQV  &KLHI
H[HFXWLYH PDJUDQW H[HPSWLRQV  7KH
FKLHI H[HFXWLYH PDE ZULWWHQ QRWLFHWRDQ HQWLW H[HPSW
WKH
HQWLW IURPFRPSOLDQFH ZLWKDQSURYLVLRQ RUSURYLVLRQV
RI? D VHFWLRQ
RU E WKLV
VXESDUW RU F DQ
UHJXODWLRQV PDGHXQGHU WKLV$FW  7KH
H[HPSWLRQ PDEHJUDQWHG RQDQ WHUPV DQGFRQGLWLRQV
WKDW
WKHFKLHI H[HFXWLYH WKLQNV?W  7KH
FKLHI H[HFXWLYH PDYDU DQH[HPSWLRQ LQWKH VDPH ZD
DV
DQ H[HPSWLRQ PDEHJUDQWHG XQGHUWKLVVHFWLRQ  7KH
FKLHI H[HFXWLYH PDE ZULWWHQ QRWLFHWRDQ HQWLW UHYRNH
DQ
H[HPSWLRQ JUDQWHGXQGHUWKLVVHFWLRQ  $Q
H[HPSWLRQ XQGHUWKLVVHFWLRQ LVQRW DUHJXODWLRQ ZLWKLQWKH
PHDQLQJ
RIWKH 5HJXODWLRQV ’LVDOORZDQFH $FW  6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V 6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  %RDU
GRU FKLHI H[HFXWLYH PDWUHDW HQWLW DQG
DI?OLDWHG
RUFORVHO UHODWHG HQWLWLHV DVVLQJOH
HQWLW +HDGLQJ
DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV $PHQG
PHQW
$FW 1R    1R   %RDUG
RUFKLHI H[HFXWLYH PDWUHDW HQWLW DQGDI?OLDWHG RU
FORVHO
UHODWHG HQWLWLHV DVVLQJOH HQWLW  7KH
%RDUG RUWKH FKLHI H[HFXWLYH PDRQ WKH UHTXHVW RIDQ
HQWLW
WUHDW WKHHQWLW WKH SDU
HQW HQWLW DQG RU PRUH RWKHU
HQWLWLHV
DVIRUPLQJ SDUWRIDVLQJOH HQWLW WKH VLQJOH
HQWLW IRU
WKH
SXUSRVHV RIDQ RUDOO RIWKH SURYLVLRQV RIWKLV $FWLIWKH
%RDUG
RUWKH FKLHI H[HFXWLYH LVVDWLV?HG WKDW? D WKH
RWKHU HQWLWRU WKRVH RWKHUHQWLWLHV DUHDI?OLDWHG RU
FORVHO
UHODWHGWRWKH SDUHQW HQWLW DQG E HDFK
RIWKH HQWLWLHV TXDOL?HV IRUUHJLVWUDWLRQ DVDFKDULW
DEOH
HQWLW DQG F LW
LV ?W DQG SURSHU WRWUHDW WKHHQWLWLHV DVIRUPLQJ SDUWRI
D
VLQJOH HQWLW  ,Q
FRQVLGHULQJ ZKHWKHUWRDFW XQGHU VXEVHFWLRQ  WKH%RDUG
RU
WKH FKLHI H[HFXWLYH PXVWKDYHUHJDUG WRWKH H[WHQW WRZKLFK
WKH
HQWLWLHV KDYHVLPLODU FKDULWDEOH SXUSRVHV  $
UHTXHVW PDGHXQGHU WKLVVHFWLRQ PXVWEHLQWKH IRUP SUH
VFULEHG
EWKH FKLHI H[HFXWLYH LIDQ  6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ)HEUXDU EVHFWLRQ RIWKH &KDULWLHV
$PHQGPHQW
$FW  1R  

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO   3DU
HQW HQWLW PDUHTXHVW PHDQVRIFRPSOLDQFH ZLWK
GXWLHV  $
SDUHQW HQWLWRQ EHKDOI RIDVLQJOH HQWLWPD UHTXHVW? D LQ
UHODWLRQ WRVHFWLRQ WKDW WKHGXW XQGHU WKDWVHFWLRQ
EH
HLWKHU? L VHSDUDWHO
FRPSOLHGZLWKEHDFK HQWLW WKDW
IRUPV
SDUWRIWKH VLQJOH HQWLW RU LL FRPSOLHG
ZLWKEWKH SDUHQW HQWLWLQUHODWLRQ WR
WKH
VLQJOH HQWLWRQEHKDOI RIWKH VLQJOH HQWLW
DQG
DOORIWKH HQWLWLHV WKDWIRUP SDUWRIWKH VLQJOH
HQWLW E LQ
UHODWLRQ WRVHFWLRQ WKDW WKHGXW XQGHU WKDWVHFWLRQ
EH
HLWKHU? L VHSDUDWHO
FRPSOLHGZLWKEHDFK HQWLW WKDW
IRUPV
SDUWRIWKH VLQJOH HQWLW RU LL FRPSOLHG
ZLWKEWKH SDUHQW HQWLWLQUHODWLRQ WR
WKH
VLQJOH HQWLWRQEHKDOI RIWKH VLQJOH HQWLW
DQG
DOORIWKH HQWLWLHV WKDWIRUP SDUWRIWKH VLQJOH
HQWLW
  $
UHTXHVW PDGHXQGHU WKLVVHFWLRQ PXVWEHLQWKH IRUP SUH
VFULEHG
EWKH FKLHI H[HFXWLYH LIDQ   7KH
%RDUG RUWKH FKLHI H[HFXWLYH PXVWKDYHUHJDUG WRDUHTXHVW
PDGH
XQGHU WKLVVHFWLRQ ZKHQLWLV VHWWLQJ WHUPVDQGFRQGLWLRQV
XQGHU
VHFWLRQ  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ)HEUXDU EVHFWLRQ RIWKH &KDULWLHV
$PHQGPHQW
$FW  1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   %RDUG
RUFKLHI H[HFXWLYH PDWUHDW SDUHQW HQWLW DQG
RU
PRU HRWKHU HQWLWLHV DVIRUPLQJ SDUWRIVLQJOH HQWLWRQ
FHUWDLQ
WHUPVDQGFRQGLWLRQV  7KH
%RDUG RUWKH FKLHI H[HFXWLYH PDWUHDW WKHSDUHQW HQWLW
DQG
RU PRUH RWKHUHQWLWLHV DVIRUPLQJ SDUWRIWKH VLQJOH HQWLW
RQ
DQ WHUPV DQGFRQGLWLRQV WKDWWKH%RDUG RUWKH FKLHI H[HFX
WLYH
WKLQNV ?WLQFOXGLQJ WHUPVDQGFRQGLWLRQV UHODWLQJWR? D WKH
PDQQHU LQZKLFK WKHVLQJOH HQWLWPDDSSO IRU
UHJLVWUDWLRQ
DVDFKDULWDEOH HQWLWDQG 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V E WKH
QDPH WKDWPXVW EHWUHDWHG DVEHLQJ WKHQDPH RIWKH
VLQJOH
HQWLWIRUWKH SXUSRVHV RIWKLV $FW DQG F ZKR
PXVW EHWUHDWHG DVEHLQJ WKHRI?FHUV RIWKH VLQJOH
HQWLW
IRUWKH SXUSRVHV RIWKLV $FW DQG G WKH
UXOHV WKDWPXVW EHWUHDWHG DVEHLQJ WKHUXOHV RIWKH
VLQJOH
HQWLWIRUWKH SXUSRVHV RIWKLV $FW DQG H WKH
PDQQHU LQZKLFK WKHGXWLHV RUREOLJDWLRQV LPSRVHG
XQGHU
WKLV$FWRQFKDULWDEOH HQWLWLHVDUHWREH FRPSOLHG
ZLWK
RQEHKDOI RIWKH VLQJOH HQWLWDQGWKHHQWLWLHV WKDW
IRUP
SDUWRIWKDW VLQJOH HQWLW DQG I WKH
LQIRUPDWLRQ DQGGRFXPHQWV WKDWPXVW EHLQFOXGHG LQ
WKH
UHJLVWHU LQUHODWLRQ WRWKH VLQJOH HQWLWDQGWKHHQWLWLHV
WKDW
IRUP SDUWRIWKDW VLQJOH HQWLW DQG J WKH
PDQQHU LQZKLFK ULJKWVRUSRZHUV FRQIHUUHG XQGHU
WKLV
$FWRQDFKDULWDEOH HQWLWPDEHH[HUFLVHG EWKH
VLQJOH
HQWLW  7KH
%RDUG RUWKH FKLHI H[HFXWLYH PXVWJLYHZULWWHQ QRWLFHRI
WKRVH
WHUPV DQGFRQGLWLRQV WRWKH SDUHQW HQWLW  7KH
%RDUG RUWKH FKLHI H[HFXWLYH PDYDU WKRVH WHUPV DQG
FRQGLWLRQV
EZULWWHQ QRWLFHWRWKH SDUHQW HQWLW  ,I
WKRVH WHUPV DQGFRQGLWLRQV SURYLGHWKDWWKHGXW XQGHU? D VHFWLRQ
PXVW EHFRPSOLHG ZLWKEWKH SDUHQW HQWLW
LQ
UHODWLRQ WRWKH VLQJOH HQWLWRQEHKDOI RIWKH VLQJOH
HQWLW
DQGDOORIWKH HQWLWLHV WKDWIRUP SDUWRIWKH VLQJOH
HQWLW
WKH HQWLWLHV WKDWIRUP SDUWRIWKH VLQJOH HQWLWDUH
QRW
UHTXLUHG WRVHSDUDWHO FRPSOZLWKWKDWVHFWLRQ E VHFWLRQ
PXVW EHFRPSOLHG ZLWKEWKH SDUHQW HQWLW
LQ
UHODWLRQ WRWKH VLQJOH HQWLWRQEHKDOI RIWKH VLQJOH
HQWLW
DQGDOORIWKH HQWLWLHV WKDWIRUP SDUWRIWKH VLQJOH
HQWLW
WKH HQWLWLHV WKDWIRUP SDUWRIWKH VLQJOH HQWLWDUH
QRW
UHTXLUHG WRVHSDUDWHO FRPSOZLWKWKDWVHFWLRQ  )RU
WKHSXUSRVHV RIWKLV $FW WKHVLQJOH HQWLWPXVWEHWUHDWHG
DV? D KDYLQJ
WKHQDPH RI?FHUV DQGUXOHV UHIHUUHG WRLQVXE
VHFWLRQ
 E WR G  DQG E EHLQJ
TXDOL?HG IRUUHJLVWUDWLRQ DVDFKDULWDEOH HQWLWLI
DOO
RIWKH HQWLWLHV WKDWIRUP SDUWRIWKH VLQJOH HQWLWDUH
TXDOL?HG
IRUUHJLVWUDWLRQ DVFKDULWDEOH HQWLWLHV  7KLV
VHFWLRQ LVVXEMHFW WRVHFWLRQ  

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   (IIHFW
RIUHJLVWUDWLRQ RIVLQJOH HQWLWDVFKDULWDEOH HQWLW ,I
DVLQJOH HQWLWLVUHJLVWHUHG DVDFKDULWDEOH HQWLWWKHQ XQOHVV
WKH
WHUPV DQGFRQGLWLRQV UHIHUUHGWRLQVHFWLRQ RWKHUZLVH
SURYLGH? D HDFK
HQWLW WKDWIRUPV SDUWRIWKH VLQJOH HQWLWXQGHU
VHFWLRQ
  PXVWEHWUHDWHG DVEHLQJ UHJLVWHUHG XQGHU
WKLV
$FWDVDFKDULWDEOH HQWLWIRUWKH SXUSRVHV RI? L WKH
SURYLVLRQV RIWKLV $FW LQFOXGLQJ VHFWLRQ 
DQG LL WKH
SURYLVLRQV RIWKH ,QFRPH 7D[ $FW  DQG LLL WKH
SURYLVLRQV RIWKH (VWDWH DQG*LIW ’XWLHV $FW

DQG E WKH
UHJLVWHU? L PXVW
FRQWDLQ WKHLQIRUPDWLRQ DQGGRFXPHQWV UH
IHUUHG
WRLQVHFWLRQ LQUHODWLRQ WRWKH VLQJOH HQ
WLW
DQG LL LV
QRW UHTXLUHG WRVHSDUDWHO FRQWDLQWKHLQIRUPD
WLRQ
DQGGRFXPHQWV UHIHUUHGWRLQWKDW VHFWLRQ LQ
UHODWLRQ
WRWKH HQWLWLHV WKDWIRUP SDUWRIWKH VLQJOH
HQWLW
 6HFWLRQ
 D LL  DPHQGHG RQ$SULO  EVHFWLRQ =$  RIWKH ,QFRPH
7
D[ $FW   1R   %RDUG
PDUHYRNH HQWLW? VVWDWXV DVIRUPLQJ SDUWRIVLQJOH
HQWLW  7KH
%RDUG PDUHYRNH DQHQWLW? VVWDWXV DVIRUPLQJ SDUWRID
VLQJOH
HQWLWLI? D WKH
%RDUG LVQR ORQJHU VDWLV?HG WKDW? L WKH
HQWLW LVDI?OLDWHG RUFORVHO UHODWHGWRWKH
SDUHQW
HQWLW RU 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V LL WKH
HQWLW TXDOL?HV IRUUHJLVWUDWLRQ DVDFKDULWDEOH
HQWLW
RU LLL LW
LV ?W DQG SURSHU WRWUHDW WKHHQWLW DVIRUPLQJ
SDUW
RIWKH VLQJOH HQWLW RU E WKH
%RDUG LVVDWLV?HG WKDWWKHHQWLW KDVIDLOHG WRFRPSO
ZLWK
DWHUP RUFRQGLWLRQ UHIHUUHGWRLQVHFWLRQ RU F WKH
SDUHQW HQWLWKDVVHQW RUGHOLYHUHG WRWKH %RDUG D
UHTXHVW
IRUWKH %RDUG WRUHYRNH WKHHQWLW? VVWDWXV DV
IRUPLQJ
SDUWRIWKH VLQJOH HQWLW  $Q
HQWLW? VVWDWXV DVIRUPLQJ SDUWRIDVLQJOH HQWLWLVUHYRNHG
LI
WKH %RDUG UHJLVWHUV DQRWLFH LQWKH UHJLVWHU WKDW? D VWDWHV
WKDWWKHHQWLW? VVWDWXV DVIRUPLQJ SDUWRIWKH VLQJOH
HQWLW
LVUHYRNHG DQG E VWDWHV
WKHGDWH RQZKLFK WKHUHYRFDWLRQ LVHIIHFWLYH  2Q
WKHGDWH UHIHUUHG WRLQVXEVHFWLRQ  E WKHHQWLW FHDVHV
WR
EH? D SDUW
RIWKH VLQJOH HQWLW DQG E WUHDWHG
DVDFKDULWDEOH HQWLWXQGHUVHFWLRQ  6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  D  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  F  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   %RDUG
WRREVHUYH UXOHVRIQDWXUDO MXVWLFH ,Q
FRQVLGHULQJ ZKHWKHUWRUHYRNH DQHQWLW? VVWDWXV DVIRUPLQJ
SDUW
RIDVLQJOH HQWLWWKH %RDUG PXVW? D REVHUYH
WKHUXOHV RIQDWXUDO MXVWLFH DQG E JLYH
WKHHQWLW ZKRVH VWDWXVLVSURSRVHG WREH UHYRNHG
DQG
WKHSDUHQW HQWLWDUHDVRQDEOH RSSRUWXQLW WRPDNH
VXEPLVVLRQV
WRWKH %RDUG RQWKH PDWWHU  6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  6HFWLRQ
DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV $PHQG
PHQW
$FW 1R    1R  6HFWLRQ
 E DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  ,QTXLULHV
LQWRFKDULWDEOH HQWLWLHVDQGRWKHU
SHUVRQV  ,QTXLULHV
LQWRFKDULWDEOH HQWLWLHVDQGRWKHU SHUVRQV  7KH
FKLHI H[HFXWLYH PDLI LWFRQVLGHUV LWUHDVRQDEO QHFHVVDU
IRU
WKH SXUSRVHV RIFDUULQJ RXWLWVIXQFWLRQV DQGH[HUFLVLQJ LWV
SRZHUV
XQGHUWKLV$FW H[DPLQH DQGLQTXLUH LQWR? D DQ
FKDULWDEOH HQWLW E DQ
SHUVRQ ZKRKDVHQJDJHG LQRULVHQJDJLQJ LQFRQ
GXFW
WKDWFRQVWLWXWHV RUPD FRQVWLWXWH? L D
EUHDFK RIWKLV $FW RU LL VHULRXV
ZURQJGRLQJ LQFRQQHFWLRQ ZLWKDFKDULW
DEOH
HQWLW   7KH
SRZHU WRH[DPLQH DQGLQTXLUH LQWRDQFKDULWDEOH HQWLW
RU
SHUVRQ XQGHUVXEVHFWLRQ  LQFOXGHV WKHSRZHU WRH[DPLQH
DQG
LQTXLUH LQWRWKHIROORZLQJ PDWWHUVLQFRQQHFWLRQ ZLWKWKH
FKDULWDEOH
HQWLWRUSHUVRQ D WKH
DFWLYLWLHV DQGSURSRVHG DFWLYLWLHVRIWKH FKDULWDEOH
HQWLW
RUSHUVRQ E WKH
QDWXUH REMHFWV DQGSXUSRVHV RIWKH FKDULWDEOH HQWLW F WKH
PDQDJHPHQW DQGDGPLQLVWUDWLRQ RIWKH FKDULWDEOH
HQWLW G WKH
UHVXOWV DQGRXWFRPHV DFKLHYHGEWKH FKDULWDEOH HQ
WLW
RUSHUVRQ H WKH
YDOXH FRQGLWLRQ PDQDJHPHQW DQGDSSOLFDWLRQ RI
WKH
SURSHUW DQGLQFRPH EHORQJLQJ WRWKH FKDULWDEOH HQ
WLW
RUSHUVRQ 6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   ’XW
WRDVVLVW  ,I
WKH FKLHI H[HFXWLYH FRQVLGHUVLWUHDVRQDEO QHFHVVDUIRUWKH
SXUSRVHV
RIFDUULQJ RXWLWVIXQFWLRQV DQGH[HUFLVLQJ LWVSRZHUV 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V XQGHU
WKLV$FW WKHFKLHI H[HFXWLYH PDE QRWLFH LQZULWLQJ
VHUYHG
RQDQ SHUVRQ UHTXLUHWKDWSHUVRQ? D WR
VXSSO WRWKH FKLHI H[HFXWLYH LQZULWLQJ VLJQHGE
WKDW
SHUVRQ RULQ WKH FDVH RIDQ HQWLW E DQRI?FHU RU
FRPSHWHQW
HPSORHHRUDJHQW RIWKH HQWLW ZLWKLQ WKH
WLPH
DQGLQWKH PDQQHU VSHFL?HG LQWKH QRWLFH DQLQ
IRUPDWLRQ
RUFODVV RILQIRUPDWLRQ VSHFL?HGLQWKH QRWLFH
RU E WR
VXSSO WRWKH FKLHI H[HFXWLYH RUWRDSHUVRQ VSHFL?HG
LQ
WKH QRWLFH DFWLQJRQLWVEHKDOI LQDFFRUGDQFH ZLWKWKH
QRWLFH
DQGRFXPHQW RUFODVV RIGRFXPHQWV VSHFL?HGLQ
WKH
QRWLFH  7KH
SHUVRQ KDVWKHVDPH SULYLOHJHV LQUHODWLRQ WRVXSSOLQJ
LQIRUPDWLRQ
DQGGRFXPHQWV WRWKH FKLHI H[HFXWLYH DVZLWQHVVHV
KDYH
LQSURFHHGLQJV EHIRUHDFRXUW 6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  D  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   2IIHQFHV  1R
SHUVRQ PD? D ZLWKRXW
UHDVRQDEOH H[FXVHUHIXVHRUIDLO WRFRPSO ZLWK
D
QRWLFH XQGHUVHFWLRQ RU E LQ
SXUSRUWHG FRPSOLDQFH ZLWKDQRWLFH XQGHUVHFWLRQ 
VXSSO
LQIRUPDWLRQ RUVXSSO DGRFXPHQW NQRZLQJLW
WR
EH IDOVH RUPLVOHDGLQJ  $Q
SHUVRQ ZKREUHDFKHV VXEVHFWLRQ  FRPPLWV DQRIIHQFH
DQG
LVOLDEOH RQVXPPDU FRQYLFWLRQ WRD?QH QRWH[FHHGLQJ
  3URFHHGLQJV
IRUDQRIIHQFH DJDLQVW VXEVHFWLRQ  PD EH
FRPPHQFHG
ZLWKLQPRQWKV DIWHUWKHPDWWHU JLYLQJ ULVHWR
WKH
FRQWUDYHQWLRQ ZDVGLVFRYHUHG RURXJKW UHDVRQDEO WRKDYH
EHHQ
GLVFRYHUHG 

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO   &KLHI
H[HFXWLYH PDVXSSO LQTXLU LQIRUPDWLRQ RU
GRFXPHQWV  7KH
FKLHI H[HFXWLYH PDVXSSO DQLQIRUPDWLRQ RUGRFXPHQWV
WKDW
WKHFKLHI H[HFXWLYH REWDLQVXQGHUVHFWLRQV WR WRDQ
SHUVRQ
IRUHLWKHU RUERWK RIWKH IROORZLQJ SXUSRVHV D DVVLVWLQJ
WKHSHUVRQ LQWKH H[HUFLVH RIWKH SHUVRQ? V
SRZHUV
XQGHUWKLV$FWRULQWKH SHUIRUPDQFH RIWKH
SHUVRQ?
VIXQFWLRQV XQGHUWKLV$FW E GHWHFWLQJ
DQGSURVHFXWLQJ RIIHQFHV DJDLQVW DQRWKHU
$FW
EXWLQWKLV FDVH WKDWLQIRUPDWLRQ DQGWKRVH GRFX
PHQWV
DUHQRW DGPLVVLEOH LQDQ FULPLQDO SURFHHGLQJV
DJDLQVW
WKHSHUVRQ IURPZKRP WKHLQIRUPDWLRQ RUGRFX
PHQWV
ZHUHDFTXLUHG RUDQ SHUVRQ WRZKRP WKHLQIRU 
PDWLRQ
RUGRFXPHQWV UHODWH  $Q
SHUVRQ PDXVHDQG GLVFORVH DQLQIRUPDWLRQ RUGRFX
PHQWV
VXSSOLHG WRWKH SHUVRQ EWKH FKLHI H[HFXWLYH XQGHUWKLV
VHFWLRQ
IRUWKH SXUSRVHV UHIHUUHGWRLQVXEVHFWLRQ    7KLV
VHFWLRQ GRHVQRWOLPLW VHFWLRQV WR 6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  :
DUQLQJ QRWLFHV DQGSXEOLFDWLRQ RIGHWDLOV RI
EU
HDFK VHULRXV ZURQJGRLQJ DQGRWKHU PDWWHUV  &KLHI
H[HFXWLYH PDJLYHZDUQLQJ QRWLFHV  7KLV
VHFWLRQ DSSOLHVLIWKH FKLHI H[HFXWLYH FRQVLGHUVWKDW? D D
FKDULWDEOH HQWLWRU DSHUVRQ LQFRQQHFWLRQ ZLWKDFKDU 
LWDEOH
HQWLWKDV HQJDJHG LQRULVHQJDJLQJ LQFRQGXFW
WKDW
FRQVWLWXWHV RUPD FRQVWLWXWH DEUHDFK RIWKLV $FW
RU
VHULRXV ZURQJGRLQJ RU E D
FKDULWDEOH HQWLWLVRUPD EHQRORQJHU TXDOL?HG WR
EH
UHJLVWHUHG DVDFKDULWDEOH HQWLWRU F D
SHUVRQ KDVHQJDJHG LQRULVHQJDJLQJ LQFRQGXFW WKDW
FRQVWLWXWHV
RUPD FRQVWLWXWH DEUHDFK RIVHFWLRQ   7KH
FKLHI H[HFXWLYH PDJLYHDZDUQLQJ QRWLFHWR? 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V D WKH
FKDULWDEOH HQWLWFRQFHUQHG LQWKH FDVH RIVXEVHFWLRQ
 D
RU E  RU E WKH
SHUVRQ FRQFHUQHG LQWKH FDVH RIVXEVHFWLRQ  F   7KH
ZDUQLQJ QRWLFHPXVWFRQWDLQ LQIRUPDWLRQ RUVWDWHPHQWV WR
WKH
IROORZLQJ HIIHFW D WKH
QDPH RIWKH FKDULWDEOH HQWLWRUSHUVRQ E D
VWDWHPHQW RIWKH PDWWHUV WKDWFDXVHG WKHFKLHI H[HFX
WLYH
WRJLYH WKHQRWLFH F D
VWDWHPHQW RIWKH DFWLRQ WKDWWKHFKLHI H[HFXWLYH KDV
WDNHQ
RULVFRQVLGHULQJ WDNLQJLQUHODWLRQ WRWKH PDWWHUV
WKDW
FDXVHG WKHFKLHI H[HFXWLYH WRJLYH WKHQRWLFH G D
VWDWHPHQW RIWKH DFWLRQ WKDWWKHFKLHI H[HFXWLYH FRQVLG
HUV
VKRXOG EHWDNHQ WRUHPHG WKHPDWWHUV WKDWFDXVHG
WKH
FKLHI H[HFXWLYH WRJLYH WKHQRWLFH DQGWKHGDWH E
ZKLFK
WKLVDFWLRQ PXVWEHWDNHQ H D
VXPPDU RIWKH JURXQGV IRUWKH FKLHI H[HFXWLYH? VRSLQ
LRQ I D
VWDWHPHQW RIZKDW PLJKW KDSSHQ LIWKH FKDULWDEOH HQWLW
RU
SHUVRQ GRHVQRWFRPSO ZLWKWKHZDUQLQJ QRWLFH 6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  F  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  G  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  H  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   %RDUG
PDSXEOLVK GHWDLOVRISRVVLEOH EUHDFK SRVVLEOH
VHULRXV
ZURQJGRLQJ DQGRWKHU PDWWHUV  7KLV
VHFWLRQ DSSOLHVLIWKH %RDUG FRQVLGHUV WKDWWKHHQWLW RU
SHUVRQ
WRZKRP DQRWLFH LVJLYHQ XQGHU VHFWLRQ KDV IDLOHG
WR
UHPHG E WKH GDWH UHIHUUHG WRLQVHFWLRQ   G  RU PRUH
RI
WKH PDWWHUV WKDWFDXVHG WKHFKLHI H[HFXWLYH WRJLYH WKHQRWLFH
XQGHU
VHFWLRQ  

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO   7KH
%RDUG PDLQ DQ PDQQHU WKDWLWWKLQNV ?WSXEOLVK DQRWLFH
WKDW
FRQWDLQV LQIRUPDWLRQ RUVWDWHPHQWV WRWKH IROORZLQJ HIIHFW D WKH
QDPH RIWKH FKDULWDEOH HQWLWRUSHUVRQ E D
VWDWHPHQW WRWKH HIIHFW WKDW WKH%RDUG FRQVLGHUV WKDW? L WKH
FKDULWDEOH HQWLWRU DSHUVRQ LQFRQQHFWLRQ
ZLWK
WKHFKDULWDEOH HQWLWKDV HQJDJHG LQRULV
HQJDJLQJ
LQFRQGXFW WKDWFRQVWLWXWHV RUPD
FRQVWLWXWH
DEUHDFK RIWKLV $FWRUVHULRXV ZURQJ
GRLQJ
RU LL WKH
FKDULWDEOH HQWLWLVRUPD EHQRORQJHU TXDO
L?HG
WREH UHJLVWHUHG DVDFKDULWDEOH HQWLWRU LLL WKH
SHUVRQ KDVHQJDJHG LQRULVHQJDJLQJ LQFRQ
GXFW
WKDWFRQVWLWXWHV RUPD FRQVWLWXWH DEUHDFK
RI
VHFWLRQ  F D
VWDWHPHQW RIWKH DFWLRQ WKDWWKH%RDUG KDVWDNHQ RULV
FRQVLGHULQJ
WDNLQJLQUHODWLRQ WRWKRVH PDWWHUV G D
VXPPDU RIWKH JURXQGV IRUWKH %RDUG? VRSLQLRQ  +RZHYHU
? D EHIRUH
WKH%RDUG H[HUFLVHV LWVSRZHUV XQGHUVXEVHFWLRQ
 
WKH%RDUG PXVWJLYHWRWKH FKDULWDEOH HQWLWRUSHU 
VRQ
QRWLFH RI? L WKH
%RDUG? VGHFLVLRQ WRSXEOLVK DQRWLFH XQGHUWKLV
VHFWLRQ
DQG LL WKH
UHDVRQV IRUWKH %RDUG? VGHFLVLRQ DQG LLL WKH
HQWLW? VRU SHUVRQ? VULJKW WRDSSHDO WKHGHFL
VLRQ
XQGHU VHFWLRQ DQG E WKH
%RDUG PXVWQRWH[HUFLVH LWVSRZHUV XQGHUVXEVHFWLRQ

HDUOLHU WKDQZRUNLQJ GDVDIWHUWKHGDWH RQZKLFK
WKH
QRWLFH UHIHUUHG WRLQSDUDJUDSK D LVJLYHQ WRWKH
FKDULWDEOH
HQWLWRUSHUVRQ 6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  UHSODFHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  F  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V 6HFWLRQ
  G  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  D  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  D L  DPHQGHGRQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  D LL  DPHQGHGRQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  3U
RYLVLRQV UHODWLQJ WRKRZ QRWLFHV DUHJLYHQ DQG
VHUYHG
IRUSXUSRVHV RIYDULRXV VHFWLRQV  1RWLFHV  $Q
QRWLFH JLYHQXQGHU WKLV$FWEWKH FKLHI H[HFXWLYH LVVXI
?FLHQWO
JLYHQLI? D LW
LV LQ ZULWLQJ DQG E LW
LV VLJQHG EWKH FKLHI H[HFXWLYH RUDSHUVRQ DXWKRULVHG
E
KLP RUKHU IRUWKH SXUSRVH DQG F LW
LV VHUYHG RUJLYHQ LQDFFRUGDQFH ZLWKVHFWLRQ RQRU
WR
WKH SHUVRQ RUSHUVRQV SULPDULO FRQFHUQHG RURQ RUWR
DQ
SHUVRQ FRQVLGHUHG EWKH FKLHI H[HFXWLYH RUDXWKRU 
LVHG
SHUVRQ WRUHSUHVHQW WKHSHUVRQ RUSHUVRQV SULPDULO
FRQFHUQHG  ,Q
DOO FRXUWV DQGLQDOO SURFHHGLQJV XQGHUWKLV$FW QRWLFHV
JLYHQ
XQGHU WKLV$FWWKDW SXUSRUW WREH VLJQHG ERU RQ EHKDOI
RI
WKH FKLHI H[HFXWLYH PXVWEHWUHDWHG DVKDYLQJ EHHQVLJQHG
ZLWK
GXHDXWKRULW LQDFFRUGDQFH ZLWKVXEVHFWLRQ  E XQOHVV
WKH
FRQWUDU LVSURYHG 6HFWLRQ
UHSODFHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV $PHQG
PHQW
$FW 1R    1R   6HUYLFH
RIQRWLFHV  ,I
WKLV $FWDXWKRULVHV WKHFKLHI H[HFXWLYH WRVHUYH DQRWLFH RQ
RU
JLYH DQRWLFH WRDQ SHUVRQ WKHQRWLFH PDEHVHUYHG RU
JLYHQ
E? D GHOLYHULQJ
LWWR WKDW SHUVRQ RU E OHDYLQJ
LWDW? L WKH
SHUVRQ? VXVXDO RUODVW NQRZQ SODFHRIUHVL
GHQFH
RUEXVLQHVV RU 

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  LL WKH
DGGUHVV VSHFL?HG EWKH SHUVRQ LQDQ QRWLFH
DSSOLFDWLRQ
RURWKHU GRFXPHQW PDGHJLYHQ RU
WHQGHUHG
WRWKH FKLHI H[HFXWLYH XQGHUWKLV$FW RU F SRVWLQJ
LWE OHWWHU DGGUHVVHG WRWKH SHUVRQ DWWKDW SODFH
RI
UHVLGHQFH RUEXVLQHVV RUDWWKDW DGGUHVV  ,I
DQ QRWLFH LVVHQW WRDQ SHUVRQ EUHJLVWHUHG OHWWHUWKHQ? D XQOHVV
WKHFRQWUDU LVSURYHG WKHQRWLFH PXVWEHWUHDWHG
DV
KDYLQJ EHHQGHOLYHUHG WRWKH SHUVRQ ZKHQLWZRXOG
KDYH
EHHQGHOLYHUHG LQWKH RUGLQDU FRXUVHRISRVW DQG E LQ
SURYLQJ WKHGHOLYHU LW LV VXI ?FLHQW WRSURYH WKDWWKH
OHWWHU
ZDVSURSHUO DGGUHVVHG DQGSRVWHG  ,I
WKH QRWLFH LVUHTXLUHG WREH VHUYHG RQRUJLYHQ WRDQHQ
WLW
? D WKH
QRWLFH PDEHVHUYHG RQRUJLYHQ WRDQRI?FHU RU
DQ
RWKHU SHUVRQ KROGLQJ DVLPLODU SRVLWLRQ LQWKH HQWLW
DQG E VHUYLFH
RQWKH HQWLW PXVWXQOHVV RWKHUZLVH GLUHFWHGE
WKH
FKLHI H[HFXWLYH EHWUHDWHG DVVHUYLFH RQDOO SHUVRQV
ZKR
DUHRI?FHUV RIWKH HQWLW RU ZKR DUHUHSUHVHQWHG RQ
WKH
HQWLW EWKRVH RI?FHUV 6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E LL  DPHQGHGRQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  $GPLQLVWUDWLYH
SHQDOWLHV  &KLHI
H[HFXWLYH PDUHTXLU HSDPHQW RIDGPLQLVWUDWLYH
SHQDOW  7KH
FKLHI H[HFXWLYH PDE ZULWWHQ QRWLFHWRDFKDULWDEOH HQ
WLW
UHTXLUH WKHHQWLW WRSD WRWKH FKLHI H[HFXWLYH DQDPRXQW
SUHVFULEHG
EUHJXODWLRQV EZD RISHQDOW IRU? D D
IDLOXUH EWKH FKDULWDEOH HQWLWWRVHQG RUGHOLYHU WR
WKH
FKLHI H[HFXWLYH DQRWLFH XQGHUVHFWLRQ ZLWKLQ WKH
WLPH
SUHVFULEHG EWKDW VHFWLRQ RU E D
IDLOXUH EWKH FKDULWDEOH HQWLWWRVHQG RUGHOLYHU WRWKH
FKLHI
H[HFXWLYH DQDQQXDO UHWXUQXQGHUVHFWLRQ ZLWKLQ
WKH
WLPH SUHVFULEHG EWKDW VHFWLRQ 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V  7KH
DPRXQWV SDDEOHXQGHUWKLVVHFWLRQ? D PXVW
EHSDLG WRWKH FKLHI H[HFXWLYH EWKH GDWH IRUSD
PHQW
VSHFL?HG LQWKH QRWLFH DQG E DUH
UHFRYHUDEOH EWKH FKLHI H[HFXWLYH LQDQ FRXUW RI
FRPSHWHQW
MXULVGLFWLRQ DVDGHEW GXHWRWKH FKLHI H[HFX
WLYH 6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  D  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  D  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  $SSHDOV
DJDLQVWGHFLVLRQV RI%RDU G +HDGLQJ
DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV $PHQG
PHQW
$FW 1R    1R   5LJKW
RIDSSHDO  $
SHUVRQ ZKRLVDJJULHYHG EDGHFLVLRQ RIWKH %RDUG XQGHU
WKLV
$FWPD DSSHDO WRWKH +LJK &RXUW  $Q
DSSHDO XQGHUWKLVVHFWLRQ PXVWEHPDGH EORGJLQJ DQRWLFH
RI
DSSHDO ZLWKWKH5HJLVWUDU RIWKH +LJK &RXUW LQ:HOOLQJWRQ
DQG
ZLWK WKH%RDUG ZLWKLQ? D 
ZRUNLQJ GDVDIWHUWKHGDWH RIWKH GHFLVLRQ RU E DQ
IXUWKHU WLPHWKDWWKH+LJK &RXUW PDDOORZ RQDSSOL
FDWLRQ
PDGHEHIRUH RUDIWHU WKHH[SLUDWLRQ RIWKDW SHULRG  (YHU
QRWLFH RIDSSHDO PXVWVSHFLI? D WKH
GHFLVLRQ RUWKH SDUW RIWKH GHFLVLRQ DSSHDOHG IURP
DQG E WKH
JURXQGV RIDSSHDO LQVXI ?FLHQW GHWDLOWRIXOO LQIRUP
WKH
+LJK &RXUW DQGWKH%RDUG RIWKH LVVXHV LQWKH DSSHDO
DQG F WKH
UHOLHI VRXJKW 

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   +LJK
&RXUW PDPDNH LQWHULP RUGHUSHQGLQJ
GHWHUPLQDWLRQ
RIDSSHDO  $W
DQ WLPH EHIRUH WKH?QDO GHWHUPLQDWLRQ RIDQ DSSHDO WKH
+LJK
&RXUW PDPDNH DQLQWHULP RUGHUUHTXLULQJ DQHQWLW? D WR
EH UHJLVWHUHG LQWKH UHJLVWHU RIFKDULWDEOH HQWLWLHVZLWK
HI
IHFW IURP DVSHFL?HG GDWHRU E WR
EH UHVWRUHG WRWKH UHJLVWHU RIFKDULWDEOH HQWLWLHVZLWK
HI
IHFW IURP DVSHFL?HG GDWHRU F WR
UHPDLQ UHJLVWHUHG LQWKH UHJLVWHU RIFKDULWDEOH HQWLWLHV  7KH
VSHFL?HG GDWHPD EHDGDWH WKDWLVEHIRUH RUDIWHU WKHRUGHU
LV
PDGH  $W
DQ WLPH EHIRUH WKH?QDO GHWHUPLQDWLRQ RIDQ DSSHDO UHODWLQJ
WR
DGHFLVLRQ XQGHUVHFWLRQ WKH +LJK &RXUW PDPDNH DQ
LQWHULP
RUGHUSUHYHQWLQJ RUUHVWULFWLQJ WKHH[HUFLVH RIDSRZHU
E
WKH FKLHI H[HFXWLYH XQGHUWKDWVHFWLRQ  $Q
LQWHULP RUGHUPDEHVXEMHFW WRDQ WHUPV RUFRQGLWLRQV
WKDW
WKH+LJK &RXUW WKLQNV ?W  ,I
WKH +LJK &RXUW UHIXVHV WRPDNH DQLQWHULP RUGHUWKH SHUVRQ
RU
SHUVRQV ZKRDSSOLHG IRUWKH RUGHU PDZLWKLQ PRQWK DIWHU
WKH
GDWH RIWKH UHIXVDO DSSHDOWRWKH &RXUW RI$SSHDO DJDLQVW
WKH
GHFLVLRQ  ,I
DQ LQWHULP RUGHULVPDGH XQGHU VXEVHFWLRQ  WKHFKLHI H[
HFXWLYH
PXVW? D DPHQG
WKHUHJLVWHU RIFKDULWDEOH HQWLWLHVLQDFFRUGDQFH
ZLWK
WKHRUGHU DVVRRQ DVLVUHDVRQDEO SUDFWLFDEOH DIWHU
UHFHLYLQJ
WKHRUGHU DQG E LQFOXGH
DFRS RIWKH RUGHU LQWKH UHJLVWHU RIFKDULWDEOH
HQWLWLHV
XQOHVVWKHFRXUW RUGHUV RWKHUZLVH  7
R HQDEOH WKHFKLHI H[HFXWLYH WRIXO?O WKHGXWLHV LPSRVHG E
WKLV
VHFWLRQ WKH5HJLVWUDU RIWKH FRXUW LQZKLFK WKHLQWHULP
RUGHU
LVPDGH PXVWVHQGDFRS RIWKH RUGHU WRWKH FKLHI H[
HFXWLYH
DVVRRQ DVSUDFWLFDEOH 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V 6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   ’HWHUPLQDWLRQ
RIDSSHDO  ,Q
GHWHUPLQLQJ DQDSSHDO WKH+LJK &RXUW PD? D FRQ?UP
PRGLIRU UHYHUVH WKHGHFLVLRQ RIWKH %RDUG RU
WKH
FKLHI H[HFXWLYH RUDQ SDUW RILW E H[HUFLVH
DQRIWKH SRZHUV WKDWFRXOG KDYHEHHQH[HU
FLVHG
EWKH %RDUG RUWKH FKLHI H[HFXWLYH LQUHODWLRQ WR
WKH
PDWWHU WRZKLFK WKHDSSHDO UHODWHV  :
LWKRXW OLPLWLQJ VXEVHFWLRQ  WKH+LJK &RXUW PDPDNH DQ
RUGHU
UHTXLULQJ DQHQWLW? D WR
EH UHJLVWHUHG LQWKH UHJLVWHU RIFKDULWDEOH HQWLWLHVZLWK
HI
IHFW IURP DVSHFL?HG GDWHRU E WR
EH UHVWRUHG WRWKH UHJLVWHU RIFKDULWDEOH HQWLWLHVZLWK
HI
IHFW IURP DVSHFL?HG GDWHRU F WR
EH UHPRYHG IURPWKHUHJLVWHU RIFKDULWDEOH HQWLWLHV
ZLWK
HIIHFW IURP DVSHFL?HG GDWHRU G WR
UHPDLQ UHJLVWHUHG LQWKH UHJLVWHU RIFKDULWDEOH HQWLWLHV  7KH
VSHFL?HG GDWHPD EHDGDWH WKDWLVEHIRUH RUDIWHU WKHRUGHU
LV
PDGH  7KH
+LJK &RXUW PDPDNH DQRWKHU RUGHU WKDWLWWKLQNV ?W  $Q
RUGHU PDEHVXEMHFW WRDQ WHUPV RUFRQGLWLRQV WKDWWKH
+LJK
&RXUW WKLQNV ?W  1RWKLQJ
LQWKLV VHFWLRQ DIIHFWV WKHULJKW RIDQ SHUVRQ WRDSSO 
LQ
DFFRUGDQFH ZLWKODZIRU MXGLFLDO UHYLHZ 6HFWLRQ
  D  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  3DUW
 0LVFHOODQHRXV
PDWWHUVDQGDPHQGPHQWV
WR
RWKHU $FWV 6XESDUW
? 0LVFHOODQHRXV
PDWWHUVUHODWLQJ
WR
&RPPLVVLRQ >5HSHDOHG@ 6XESDUW
UHSHDOHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV $PHQG
PHQW
$FW 1R    1R  5HSRUWLQJ
REOLJDWLRQV
>5HSHDOHG@ +HDGLQJ
UHSHDOHGRQ-XO  EVHFWLRQ   RIWKH &KDULWLHV $PHQG
PHQW
$FW 1R    1R   5HSRUWLQJ
REOLJDWLRQV LQUHVSHFW RI?QDQFLDO HDU
FRPPHQFLQJ
RQ-XO 
>5HSHDOHG@ 6HFWLRQ
UHSHDOHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV $PHQG
PHQW
$FW 1R    1R  %DQN
DFFRXQWV
>5HSHDOHG@ +HDGLQJ
UHSHDOHGRQ-XO  EVHFWLRQ   RIWKH &KDULWLHV $PHQG
PHQW
$FW 1R    1R   &U
RZQ (QWLWLHV $FW SURYLVLRQV FRQFHUQLQJ EDQN
DFFRXQWV
DSSOWR&RPPLVVLRQ
>5HSHDOHG@ 6HFWLRQ
UHSHDOHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV $PHQG
PHQW
$FW 1R    1R  6XESDUW
? $PHQGPHQWV
WR,QFRPH 7D[ $FW
  ,QFRPH
7D[ $FW  FDOOHG SULQFLSDO $FWLQWKLV VXESDUW ,Q
WKLV VXESDUW WKH,QFRPH 7D[ $FW  LVFDOOHG ?WKH SULQFL
SDO
$FW? 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V$  &KDULWLHV
QRQEXVLQHVV LQFRPH $PHQGPHQW V
LQFRUSRUDWHGLQWKH $FW V   &KDULWLHV
EXVLQHVVLQFRPH $PHQGPHQW V
LQFRUSRUDWHGLQWKH $FW V   &KDULWDEOH
EHTXHVWV $PHQGPHQW V
LQFRUSRUDWHGLQWKH $FW V   ’H?QLWLRQV$PHQGPHQW V
LQFRUSRUDWHGLQWKH $FW V  6XESDUW
? $PHQGPHQWV
WR7D[
$GPLQLVWUDWLRQ
$FW  7
D[ $GPLQLVWUDWLRQ $FW FDOOHG SULQFLSDO $FWLQWKLV
VXESDUW ,Q
WKLV VXESDUW WKH7D[ $GPLQLVWUDWLRQ $FW LVFDOOHG ?WKH
SULQFLSDO
$FW?  ,QWHUSU
HWDWLRQ $PHQGPHQW V
LQFRUSRUDWHGLQWKH $FW V   2I?FHUV
WRPDLQWDLQ VHFUHF $PHQGPHQW V
LQFRUSRUDWHGLQWKH $FW V  6XESDUW
? $PHQGPHQW
WR(VWDWH DQG*LIW
’XWLHV
$FW  ([HPSWLRQ
IRUJLIWV WRFKDULWLHV DQGFHUWDLQ ERGLHV $PHQGPHQW V
LQFRUSRUDWHGLQWKH $FW V  6XESDUW
? 0LVFHOODQHRXV
SURYLVLRQV $ )RUPV
DQGUHTXLU HPHQWV SUHVFULEHG EFKLHI H[HFXWLYH  7KH
FKLHI H[HFXWLYH PDGRRU PRUH RIWKH IROORZLQJ WKLQJV D SUHVFULEH
IRUPVIRUWKH SXUSRVHV RIWKLV $FW E SUHVFULEH
UHTXLUHPHQWV IRU? 

3DUW
V$ &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  L VSHFL?HG
LQIRUPDWLRQ RUGRFXPHQWV WREH LQ
FOXGHG
LQRU DWWDFKHG WRIRUPV LL IRUPV
WREH VLJQHG EVSHFL?HG SHUVRQV F SUHVFULEH
UHTXLUHPHQWV ZLWKZKLFK GRFXPHQWV VHQWRU
GHOLYHUHG
IRUUHJLVWUDWLRQ PXVWFRPSO   7KH
FKLHI H[HFXWLYH PDSUHVFULEH DIRUP RUUHTXLUHPHQW RQO
IRU
WKH SXUSRVH RIFROOHFWLQJ LQIRUPDWLRQ RUGRFXPHQWDWLRQ UH
TXLUHG
IRUWKH FKLHI H[HFXWLYH WRSHUIRUP LWVIXQFWLRQV DQGGX
WLHV
XQGHU WKLV$FW  +RZHYHU
D IRUP SUHVFULEHG XQGHUWKLVVHFWLRQ PDUHTXLUH
LQIRUPDWLRQ
RUGRFXPHQWV WREH LQFOXGHG LQRU DWWDFKHG WRWKH
IRUP
IRUWKH SXUSRVH RIDVVLVWLQJ DQSHUVRQ? D LQ
WKH H[HUFLVH RIWKH SHUVRQ? VSRZHUV LQFRQQHFWLRQ
ZLWK
VXESDUW /’RIWKH ,QFRPH 7D[ $FW  RU E LQ
WKH SHUIRUPDQFH RIWKH SHUVRQ? VIXQFWLRQV LQFRQQHF
WLRQ
ZLWK WKDWVXESDUW  6XEVHFWLRQ
 DSSOLHV UHJDUGOHVV RIZKHWKHU WKHLQIRUPDWLRQ
RU
GRFXPHQWDWLRQ LVFROOHFWHG IRUWKH SXUSRVHV RIWKLV $FW  ,Q
RUGHU WRSUHVFULEH DIRUP RUUHTXLUHPHQW WKHFKLHI H[HFX
WLYH? D PXVW
SXEOLVK LWRQ LWV,QWHUQHW VLWHDQG E PD
SXEOLVK LWLQ DQ RWKHU ZD  ,Q
GHYHORSLQJ DIRUP RUUHTXLUHPHQW WREH SUHVFULEHG WKH
FKLHI
H[HFXWLYH PXVWFRQVXOW SHUVRQV RURUJDQLVDWLRQV WKDWWKH
FKLHI
H[HFXWLYH FRQVLGHUVWREH UHSUHVHQWDWLYH RIWKH LQWHUHVWV
RI
FKDULWDEOH HQWLWLHV  $
IDLOXUH WRFRPSO ZLWKVXEVHFWLRQ  GRHV QRWDIIHFW WKH
YDOLGLW
RIWKH SUHVFULEHG IRUPRUUHTXLUHPHQW 6HFWLRQ
$LQVHUWHG RQ)HEUXDU EVHFWLRQ RIWKH &KDULWLHV
$PHQGPHQW
$FW  1R  6HFWLRQ
$KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
$   DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
$   DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
$   DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
$   DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V  5HJXODWLRQV  7KH
*RYHUQRU *HQHUDO PDE 2UGHU LQ&RXQFLO PDNHUHJX
ODWLRQV
IRUDOORUDQ RIWKH IROORZLQJ SXUSRVHV D >5HSHDOHG@ E >5HSHDOHG@ F SUHVFULELQJ
IHHVSDDEOH WRWKH %RDUG RUWKH FKLHI H[
HFXWLYH
LQUHVSHFW RIDQ PDWWHU XQGHUWKLV$FWRUWKH
PDQQHU
LQZKLFK IHHVPD EHFDOFXODWHG G SUHVFULELQJ
DPRXQWVSDDEOHWRWKH %RDUG RUWKH FKLHI
H[HFXWLYH
EZD RISHQDOW IRUWKH SXUSRVHV RIVHFWLRQ

RUWKH PDQQHU LQZKLFK SHQDOWLHV PDEHFDOFXODWHG H SUHVFULELQJ
SURFHGXUHV UHTXLUHPHQWV DQGRWKHU PDWWHUV
IRU
WKH UHJLVWHU RIFKDULWDEOH HQWLWLHVLQFOXGLQJ PDWWHUV
UHODWLQJ
WR? L WKH
RSHUDWLRQ RIWKDW UHJLVWHU LL DFFHVV
WRWKDW UHJLVWHU LLL WKH
ORFDWLRQ RIDQG KRXUV RIDFFHVV WRWKDW UHJLV
WHU I GHFODULQJ
DQFODVV RUFODVVHV RISHUVRQV WREH RUQRW WR
EH
RI?FHUV IRUWKH SXUSRVHV RIWKLV $FW J SURYLGLQJ
IRUDQ RWKHU PDWWHUV FRQWHPSODWHG EWKLV
$FW
QHFHVVDU IRULWVDGPLQLVWUDWLRQ RUQHFHVVDU IRU
JLYLQJ
LWIXOO HIIHFW  >5HSHDOHG@  7KH
%RDUG RUWKH FKLHI H[HFXWLYH PDUHIXVH WRSHUIRUP DIXQF
WLRQ
RUH[HUFLVH DSRZHU XQWLOWKHIHHSUHVFULEHG EUHJXODWLRQV
LV
SDLG  $Q
2UGHU LQ&RXQFLO PDGHXQGHU VXEVHFWLRQ  PD DXWKRU 
LVH
WKH %RDUG RUWKH FKLHI H[HFXWLYH WRUHIXQG RUZDLYH LQ
ZKROH
RULQSDUW DQGRQDQ FRQGLWLRQV DVPD EHSUHVFULEHG E
UHJXODWLRQV
SDPHQWRIDQ IHHRUDPRXQW SDDEOH LQUHODWLRQ
WR
DQ SHUVRQ RUFODVV RISHUVRQV  $Q
IHHRUDPRXQW SDDEOH WRWKH %RDUG RUWKH FKLHI H[HFXWLYH
LV
UHFRYHUDEOH EWKH %RDUG RUWKH FKLHI H[HFXWLYH LQDQ FRXUW
RI
FRPSHWHQW MXULVGLFWLRQ DVDGHEW GXHWRWKH %RDUG RUWKH FKLHI
H[HFXWLYH 6HFWLRQ
  D  UHSHDOHGRQ)HEUXDU EVHFWLRQ   RIWKH &KDU 
LWLHV
$PHQGPHQW $FW  1R  

3DUW
V &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  6HFWLRQ
  E  UHSHDOHGRQ)HEUXDU EVHFWLRQ   RIWKH &KDU 
LWLHV
$PHQGPHQW $FW  1R  6HFWLRQ
  F  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  G  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  UHSHDOHG RQ)HEUXDU EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW  1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ)HEUXDU EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW  1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ)HEUXDU EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW  1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   3U
RVHFXWLRQ RIRIIHQFHV  $Q
LQIRUPDWLRQ LQUHVSHFW RIDQ RIIHQFH DJDLQVW WKLV$FWPXVW
EH
ODLG EWKH FKLHI H[HFXWLYH RUDSHUVRQ DXWKRULVHG EWKH
FKLHI
H[HFXWLYH WKH DXWKRULVHG
SHUVRQ   %HIRUH
DQLQIRUPDWLRQ LQUHVSHFW RIDQ RIIHQFH DJDLQVW WKLV$FW
LV
ODLG DJDLQVW DSHUVRQ WKHFKLHI H[HFXWLYH RUWKH DXWKRULVHG
SHUVRQ
PXVWODWKHIDFWV RIWKH FDVH VRIDU DVWKH FKLHI H[HFX
WLYH
RUWKH DXWKRULVHG SHUVRQLVDFTXDLQWHG ZLWKWKHP EHIRUH
D
&URZQ 6ROLFLWRU   7KH
FKLHI H[HFXWLYH RUWKH DXWKRULVHG SHUVRQPDODDQLQIRU 
PDWLRQ
DJDLQVW DSHUVRQ RQOLID&URZQ 6ROLFLWRU FHUWL?HVWKDW
WKHUH
DUHUHDVRQDEOH JURXQGVIRUDSURVHFXWLRQ  1R
DFWLRQ PDEHWDNHQ DJDLQVW WKHFKLHI H[HFXWLYH RUWKH DX
WKRULVHG
SHUVRQIRUPDOLFLRXV SURVHFXWLRQ LQUHODWLRQ WRDSURV
HFXWLRQ
XQGHUWKLV$FWLID&URZQ 6ROLFLWRU FHUWL?HGWKDWWKHUH
ZHUH
UHDVRQDEOH JURXQGVIRUEULQJLQJ WKHSURVHFXWLRQ 6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 3DUW
V 6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   1R
REOLJDWLRQ RQ%RDUG RUFKLHI H[HFXWLYH RUDQ RWKHU
SHUVRQ
WRVXSHUYLVH 7KLV
$FWGRHV QRWLPSRVH RQWKH %RDUG RUWKH FKLHI H[HFXWLYH
RU
DQ RWKHU SHUVRQ DQGXW RUREOLJDWLRQ? D WR
VXSHUYLVH WKHDIIDLUV RIDQ SHUVRQ RU E WR
DSSO RURSHUDWH DQVVWHP RIVXSHUYLVLRQ RIDQ
FODVV
RISHUVRQ RURIFKDULWLHV JHQHUDOO RU F WR
H[HUFLVH DQSRZHUV FRQIHUUHG EWKLV $FWLQUHVSHFW
RI
DQ SDUWLFXODU SHUVRQ 6HFWLRQ
KHDGLQJ DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV $PHQG
PHQW
$FW 1R    1R   $PHQGPHQWV
WRRWKHU $FWV 7KH
HQDFWPHQWV LQWKH 6FKHGXOH DUHDPHQGHG LQWKH PDQQHU
LQGLFDWHG
LQWKDW VFKHGXOH 

6FKHGXOH
 &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  6FKHGXOH
 V
 $PHQGPHQWV
WRRWKHU $FWV &U
RZQ (QWLWLHV $FW  1R $PHQGPHQW V
LQFRUSRUDWHGLQWKH $FW V  ,QFRUSRUDWHG
6RFLHWLHV$FW  1R $PHQGPHQW V
LQFRUSRUDWHGLQWKH $FW V  2PEXGVPHQ
$FW  1R $PHQGPHQW V
LQFRUSRUDWHGLQWKH $FW V  

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 6FKHGXOH
 6FKHGXOH
 V
 3U
RYLVLRQV UHODWLQJ WR%RDUG FKDLUSHUVRQ
DQG
PHPEHUV 6FKHGXOH
LQVHUWHG RQ-XO  EVHFWLRQ RI WKH &KDULWLHV $PHQGPHQW
$FW
1R    1R  $SSRLQWPHQWV
LQJHQHUDO  0HWKRG
RIDSSRLQWPHQW  7KH
0LQLVWHU DSSRLQWV RUUHDSSRLQWV DPHPEHU RIWKH %RDUG
DQG
DFKDLUSHUVRQ RIWKH %RDUG EJLYLQJ ZULWWHQ QRWLFHWRWKH
PHPEHU
FRQFHUQHG  $
QRWLFH XQGHUVXEFODXVH  PXVW? D VWDWH
WKHGDWH RQZKLFK WKHDSSRLQWPHQW WDNHVHIIHFW
ZKLFK
PXVWQRWEHHDUOLHU WKDQWKHGDWH RQZKLFK WKH
QRWLFH
LVUHFHLYHG DQG E LQ
WKH FDVH RIWKH DSSRLQWPHQW RIDPHPEHU VWDWH WKH
WHUP
RIWKH DSSRLQWPHQW  0HPEHUVKLS
RI%RDUG DQGFULWHULD IRUDSSRLQWPHQW  7KH
%RDUG FRPSULVHV PHPEHUV VHH VHFWLRQ     7KH
0LQLVWHU PDRQO DSSRLQW DVDPHPEHU DSHUVRQ ZKRLQ
WKH
0LQLVWHU ?V RSLQLRQ KDVWKHDSSURSULDWH NQRZOHGJH VNLOOV
DQG
H[SHULHQFH WRDVVLVW WKH%RDUG WRSHUIRUP LWVIXQFWLRQV  9
DOLGLW RIPHPEHUV? DFWV 7KH
DFWVRIDSHUVRQ DVDPHPEHU RUFKDLUSHUVRQ RIWKH %RDUG
DUH
YDOLG HYHQWKRXJK? D D
GHIHFW H[LVWHG LQWKH DSSRLQWPHQW RIWKH SHUVRQ RU E WKH
RFFDVLRQ IRUWKH SHUVRQ? VDFWLQJ RUIRU KLV RUKHU
DSSRLQWPHQW
KDGQRWDULVHQ RUKDG HQGHG  9
DOLGLW RIDSSRLQWPHQWV  7KH
DSSRLQWPHQW RIDSHUVRQ DVDPHPEHU RUFKDLUSHUVRQ RI
WKH
%RDUG LVQRW LQYDOLG RQOEHFDXVH DGHIHFW H[LVWHG LQWKH
DSSRLQWPHQW
RIWKH SHUVRQ  7KLV
FODXVH GRHVQRWDSSO WRDGHIHFW LQWKH TXDOL?FDWLRQV IRU
DSSRLQWPHQW
RIDPHPEHU  

6FKHGXOH
 &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  3URYLVLRQV
UHODWLQJWR%RDUG FKDLUSHUVRQ DQG
PHPEHUV
?FRQWLQXHG  7
HUP RIRI?FH  $
PHPEHU RIWKH %RDUG KROGVRI?FH IRUHDUV RUDQ VKRUWHU
SHULRG
VWDWHGLQWKH QRWLFH RIDSSRLQWPHQW  $
PHPEHU PDEHUHDSSRLQWHG  $
PHPEHU FRQWLQXHV LQRI?FH GHVSLWH WKHH[SLU RIKLV RUKHU
WHUP
RIRI?FH XQWLO? D WKH
PHPEHU LVUHDSSRLQWHG RU E WKH
PHPEHU ?V VXFFHVVRU LVDSSRLQWHG RU F WKH
0LQLVWHU LQIRUPVWKHPHPEHU EZULWWHQ QRWLFH ZLWK
D
FRS WRWKH %RDUG WKDWWKHPHPEHU LVQRW WREH UHDS
SRLQWHG
DQGQRVXFFHVVRU LVWR EH DSSRLQWHG DWWKDW WLPH  7KLV
FODXVH LVVXEMHFW WRFODXVHV DQG   5HPRYDO
RIPHPEHUV  7KH
0LQLVWHU PDDWDQ WLPH DIWHUFRQVXOWDWLRQ ZLWKWKHSHU
VRQ
FRQFHUQHG UHPRYHDPHPEHU RIWKH %RDUG IURPRI?FH  7KH
UHPRYDO PXVWEHPDGH EZULWWHQ QRWLFHWRWKH PHPEHU
ZLWK
DFRS WRWKH %RDUG   7KH
QRWLFH PXVWVWDWHWKHGDWH RQZKLFK WKHUHPRYDO WDNHVHI
IHFW
ZKLFK PXVWQRWEHHDUOLHU WKDQWKHGDWH RQZKLFK WKHQR
WLFH
LVUHFHLYHG  7KH
0LQLVWHU PXVWQRWLI WKHUHPRYDO LQWKH *D]HWWH DVVRRQ
DV
SUDFWLFDEOH DIWHUJLYLQJ WKHQRWLFH  7
R DYRLG GRXEW WKH0LQLVWHU PDQRWUHPRYH DPHPEHU XQOHVV
WKH
0LQLVWHU KDVSURSHUO FRQVLGHUHG WKHPDWWHU DQGFRPSOLHG
ZLWK
WKHSULQFLSOHV RIQDWXUDO MXVWLFH  5HVLJQDWLRQ
RIPHPEHU  $
PHPEHU RIWKH %RDUG PDUHVLJQ IURPRI?FH EZULWWHQ
QRWLFH
WRWKH 0LQLVWHU ZLWKDFRS WRWKH %RDUG VLJQHGE
WKH
PHPEHU   7KH
UHVLJQDWLRQ LVHIIHFWLYH RQUHFHLSW EWKH 0LQLVWHU RIWKH
QRWLFH
RUDWDQ ODWHU WLPH VSHFL?HG LQWKH QRWLFH  7KH
0LQLVWHU PXVWQRWLI WKHUHVLJQDWLRQ LQWKH *D]HWWH DVVRRQ
DV
SUDFWLFDEOH DIWHUUHFHLYLQJ WKHQRWLFH 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 6FKHGXOH
 3URYLVLRQV
UHODWLQJWR%RDUG FKDLUSHUVRQ DQG
PHPEHUV
?FRQWLQXHG &KDLUSHUVRQ
RI%RDUG  7
HUP RIDSSRLQWPHQW RIFKDLUSHUVRQ 7KH
FKDLUSHUVRQ RIWKH %RDUG KROGVWKDWRI?FH XQWLO? D KH
RUVKH UHVLJQV WKDWRI?FH RU E KH
RUVKH LVUHPRYHG IURPLWE WKH 0LQLVWHU RU F KH
RUVKH FHDVHV WRKROG RI?FH DVDPHPEHU RU G WKH
WHUP RIRI?FH WKDW PD KDYH EHHQVSHFL?HG RQDS
SRLQWPHQW
H[SLUHVXQOHVVWKHPHPEHU LVUHDSSRLQWHG IRU
D
IXUWKHU WHUP  5HVLJQDWLRQ
RIFKDLUSHUVRQ  7KH
FKDLUSHUVRQ RIWKH %RDUG PDZLWKRXW UHVLJQLQJ DVD
PHPEHU
UHVLJQ WKDWRI?FH EZULWWHQ QRWLFHWRWKH 0LQLVWHU
ZLWK
DFRS WRWKH %RDUG   7KH
QRWLFH RIUHVLJQDWLRQ PXVWVWDWHWKHGDWH RQZKLFK WKHUHV
LJQDWLRQ
WDNHVHIIHFW  7KH
0LQLVWHU PXVWQRWLI WKHUHVLJQDWLRQ LQWKH *D]HWWH DVVRRQ
DV
SUDFWLFDEOH DIWHUUHFHLYLQJ WKHQRWLFH  5HPRYDO
RIFKDLUSHUVRQ  7KH
0LQLVWHU PDDIWHU FRQVXOWDWLRQ ZLWKWKHSHUVRQ FRQ
FHUQHG
UHPRYH DFKDLUSHUVRQ RIWKH %RDUG IURPWKDWRI?FH
ZLWK
RUZLWKRXW DOVRUHPRYLQJ WKDWSHUVRQ DVDPHPEHU E
ZULWWHQ
QRWLFHWRWKH SHUVRQ ZLWKDFRS WRWKH %RDUG   7KH
QRWLFH RIUHPRYDO PXVWVWDWHWKHGDWH RQZKLFK WKHUHPRYDO
WDNHV
HIIHFW  7KH
0LQLVWHU PXVWQRWLI WKHUHPRYDO LQWKH *D]HWWH DVVRRQ
DV
SUDFWLFDEOH DIWHUJLYLQJ WKHQRWLFH 1R
FRPSHQVDWLRQ IRUORVV RIRI?FH 
 1R
FRPSHQVDWLRQ IRUORVV RIRI?FH $
PHPEHU RUFKDLUSHUVRQ RIWKH %RDUG LVQRW HQWLWOHG WRDQ
FRPSHQVDWLRQ
RURWKHU SDPHQW RUEHQH?W UHODWLQJ WRKLV RUKHU
FHDVLQJ
IRUDQ UHDVRQ WRKROG RI?FH DVDPHPEHU RUFKDLU 
SHUVRQ
DVWKH FDVH PD EH 

6FKHGXOH
 &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  3URYLVLRQV
UHODWLQJWR%RDUG FKDLUSHUVRQ DQG
PHPEHUV
?FRQWLQXHG 3URFHGXUH
RI%RDUG  3U
RFHGXU HRI %RDUG  7KH
%RDUG PDUHJXODWH LWVRZQ SURFHGXUH  7KLV
FODXVH LVVXEMHFW WRFODXVHV WR  0HHWLQJV  7KH
%RDUG RULWV FKDLUSHUVRQ PXVWDSSRLQW WKHWLPHV DQGSODFHV
RI
PHHWLQJV RIWKH %RDUG DQGJLYH QRWLFH RIWKRVH PHHWLQJV WR
HDFK
PHPEHU QRWSUHVHQW ZKHQWKHDSSRLQWPHQW LVPDGH  7KH
FKDLUSHUVRQ PXVWSUHVLGH DWDPHHWLQJ LIWKH FKDLUSHUVRQ
LV
SUHVHQW DQGQRWLQWHUHVWHG DVGH?QHG LQFODXVH   LQ WKH
PDWWHU
  ,I
WKH FKDLUSHUVRQ LVQRW SUHVHQW RULVLQWHUHVWHG LQWKH PDWWHU 
WKH
%RDUG PXVWDSSRLQW RQHRILWV PHPEHUV WRSUHVLGH  1R
EXVLQHVV PDEHWUDQVDFWHG DWDPHHWLQJ RIWKH %RDUG LID
TXRUXP
LVQRW SUHVHQW  )RU
WKHSXUSRVHV RIVXEFODXVH  DQG FODXVH  TXRUXP
PHDQV
DPDMRULW RIWKH PHPEHUV  (DFK
PHPEHU KDVYRWH DQGLQDGGLWLRQ WRKLV RUKHU JHQHUDO
YRWH
WKHFKDLUSHUVRQ KDVDFDVWLQJ YRWHLQWKH FDVH RIDQ HTXDO
LW
RIYRWHV  $
UHVROXWLRQ RIWKH %RDUG LVSDVVHG LILWLV DJUHHG WRE DOO
PHPEHUV
SUHVHQWZLWKRXW GLVVHQWRULIDPDMRULW RIWKH YRWHV
FDVW
RQLWDUH LQIDYRXU RILW  0HWKRGV
RIKROGLQJ PHHWLQJV $
PHHWLQJ RIWKH %RDUG PDEHKHOG? D E
DTXRUXP RIWKH PHPEHUV EHLQJDVVHPEOHG WRJHWKHU
DW
WKH WLPH DQGSODFH DSSRLQWHG IRUWKH PHHWLQJ RU E E
PHDQV RIDXGLR DXGLRDQGYLVXDO RUHOHFWURQLF FRP
PXQLFDWLRQ
SURYLGHGWKDW? L DOO
RIWKH PHPEHUV ZKRZLVK WRSDUWLFLSDWH LQWKH
PHHWLQJ
KDYHDFFHVV WRWKH WHFKQRORJ QHHGHGWR
SDUWLFLSDWH
LQWKH PHHWLQJ DQG 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 6FKHGXOH
 3URYLVLRQV
UHODWLQJWR%RDUG FKDLUSHUVRQ DQG
PHPEHUV
?FRQWLQXHG LL D
TXRUXP RIPHPEHUV FDQVLPXOWDQHRXVO FRP
PXQLFDWH
ZLWKHDFK RWKHU WKURXJKRXW WKHPHHW
LQJ  8QDQLPRXV
ZULWWHQUHVROXWLRQV  $
UHVROXWLRQ VLJQHGRUDVVHQWHG WRLQZULWLQJ ZKHWKHU VHQWE
SRVW
GHOLYHU RU HOHFWURQLF FRPPXQLFDWLRQ EDOOPHPEHUV
LV
DV YDOLG DQGHIIHFWXDO DVLILWKDG EHHQ SDVVHG DWDPHHWLQJ
RI
WKH %RDUG GXOFDOOHG DQGFRQVWLWXWHG  7KH
UHVROXWLRQ PDFRQVLVW RIVHYHUDO GRFXPHQWV FRQWDLQLQJ
WKH
VDPH UHVROXWLRQ HDFKVLJQHG RUDVVHQWHG WRLQZULWLQJ E
RU
PRUH PHPEHUV ,QGLYLGXDO
GXWLHVRIPHPEHUV  ’XW
WRFRPSO ZLWKWKLV$FW $
PHPEHU PXVWQRWFRQWUDYHQH RUFDXVH WKHFRQWUDYHQWLRQ RI
RU
DJUHH WRWKH %RDUG? VFRQWUDYHQLQJ WKLV$FW  ’XW
WRDFW ZLWK KRQHVW DQGLQWHJULW $
PHPEHU PXVWZKHQDFWLQJ DVDPHPEHU DFW ZLWK KRQHVW
DQG
LQWHJULW   ’XW
WRDFW LQJRRG IDLWK $
PHPEHU PXVWZKHQDFWLQJ DVDPHPEHU DFW LQJRRG IDLWK  ’XW
WRDFW ZLWK UHDVRQDEOH FDUHGLOLJHQFH DQGVNLOO $
PHPEHU PXVWZKHQDFWLQJ DVDPHPEHU H[HUFLVH WKHFDUH
GLOLJHQFH
DQGVNLOO WKDWDUHDVRQDEOH SHUVRQZRXOGH[HUFLVH LQ
WKH
VDPH FLUFXPVWDQFHV WDNLQJLQWRDFFRXQW ZLWKRXW OLPLWD
WLRQ ? D WKH
QDWXUH RIWKH %RDUG DQG E WKH
QDWXUH RIWKH DFWLRQ DQG F WKH
SRVLWLRQ RIWKH PHPEHU DQGWKHQDWXUH RIWKH UHVSRQ
VLELOLWLHV
XQGHUWDNHQ EKLP RUKHU  

6FKHGXOH
 &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  3URYLVLRQV
UHODWLQJWR%RDUG FKDLUSHUVRQ DQG
PHPEHUV
?FRQWLQXHG  ’XW
QRWWRGLVFORVH LQIRUPDWLRQ  $
PHPEHU ZKRKDVLQIRUPDWLRQ LQKLV RUKHU FDSDFLW DVD
PHPEHU
WKDWZRXOG QRWRWKHUZLVH EHDYDLODEOH WRKLP RUKHU
PXVW
QRWGLVFORVH WKDWLQIRUPDWLRQ WRDQ SHUVRQ RUPDNH XVH
RI
RUDFW RQ WKDW LQIRUPDWLRQ H[FHSW? D LQ
WKH SHUIRUPDQFH RIWKH %RDUG? VIXQFWLRQV RU E DV
UHTXLUHG RUSHUPLWWHG EODZ RU F LQ
DFFRUGDQFH ZLWKVXEFODXVH  RU G LQ
FRPSOLQJ ZLWKWKHUHTXLUHPHQW IRUPHPEHUV WRGLV
FORVH
LQWHUHVWV  $
PHPEHU PDGLVFORVH PDNHXVHRIRUDFW RQWKH LQIRUPDWLRQ
LI? D WKH
PHPEHU LV?UVW DXWKRULVHG WRGR VRE WKH %RDUG RU
E
WKH 0LQLVWHU DQG E WKH
GLVFORVXUH XVHRUDFW LQTXHVWLRQ ZLOOQRWRUZLOO EH
XQOLNHO
WRSUHMXGLFH WKH%RDUG  ’XW
WRGLVFORVH FRQ?LFWRILQWHU HVW  $
PHPEHU ZKRLVLQWHUHVWHG LQDPDWWHU UHODWLQJ WRWKH %RDUG
PXVW
GLVFORVH GHWDLOVRIWKH QDWXUH DQGH[WHQW RIWKH LQWHUHVW
LQFOXGLQJ
DQPRQHWDU YDOXHRIWKH LQWHUHVW ? D WR
WKH FKDLUSHUVRQ RIWKH %RDUG DQG E LQ
DQ LQWHUHVWV UHJLVWHUNHSWEWKH %RDUG  ’LVFORVXUH
XQGHUVXEFODXVH  PXVW EHPDGH DVVRRQ DVSUDF
WLFDEOH
DIWHUWKHPHPEHU EHFRPHV DZDUHWKDWKHRUVKH LVLQWHU 
HVWHG  $
PHPEHU ZKRLVLQWHUHVWHG LQDPDWWHU UHODWLQJ WRWKH %RDUG
PXVW
QRWYRWH RUWDNH SDUWLQDQ GLVFXVVLRQ RUGHFLVLRQ RIWKH
%RDUG
UHODWLQJ WRWKH PDWWHU   ,Q
WKLV FODXVH PDWWHU
PHDQVWKH%RDUG? VSHUIRUPDQFH RILWV
IXQFWLRQV
XQGHUWKLV$FW  )RU
WKHSXUSRVHV RIWKLV FODXVH DSHUVRQ LV LQWHU
HVWHG LQD
PDWWHU
LIKH RUVKH? D PD
GHULYH D?QDQFLDO EHQH?WIURPWKHPDWWHU RU 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 6FKHGXOH
 3URYLVLRQV
UHODWLQJWR%RDUG FKDLUSHUVRQ DQG
PHPEHUV
?FRQWLQXHG E LV
WKH VSRXVH FLYLOXQLRQ SDUWQHU GH IDFWR SDUWQHU FKLOG
RU
SDUHQW RIDSHUVRQ ZKRPDGHULYH D?QDQFLDO EHQH?W
IURP
WKHPDWWHU RU F PD
KDYH D?QDQFLDO LQWHUHVWLQDSHUVRQ WRZKRP WKH
PDWWHU
UHODWHV RU G LV
DSDUWQHU GLUHFWRU RI ?FHU %RDUG PHPEHU RU WUXVWHH
RI
DSHUVRQ ZKRPDKDYH D?QDQFLDO LQWHUHVWLQDSHUVRQ
WR
ZKRP WKHPDWWHU UHODWHV RU H LV
RWKHUZLVH GLUHFWORULQGLUHFWO LQWHUHVWHG LQWKH PDW
WHU
  +RZHYHU
D SHUVRQ LVQRW LQWHUHVWHG LQDPDWWHU? D EHFDXVH
KHRUVKH UHFHLYHV LQVXUDQFH FRYHUUHPXQHU 
DWLRQ
RURWKHU EHQH?WV DXWKRULVHG XQGHUWKLV$FW RU E LI
KLV RUKHU LQWHUHVW LVVR UHPRWH RULQVLJQL?FDQW WKDWLW
FDQQRW
UHDVRQDEO EHUHJDUGHG DVOLNHO WRLQ?XHQFH KLP
RU
KHU LQFDUULQJ RXWKLVRUKHU UHVSRQVLELOLWLHV XQGHU
WKLV
$FW  $FFRXQWDELOLW
IRULQGLYLGXDO GXWLHV  $
PHPEHU LVQRW OLDEOH IRUDEUHDFK RIDQ LQGLYLGXDO GXWXQGHU
WKLV
$FW  +RZHYHU
WKLV FODXVH GRHVQRWDIIHFW? D DQWKLQJ
LQFODXVH RU  UHPRYDO RIPHPEHU RUFKDLU 
SHUVRQ 
RU E DQWKLQJ
HOVHIRUZKLFK WKHPHPEHU PDEHOLDEOH XQGHU
DQ
RWKHU $FWRUUXOH RIODZ DULVLQJ IURPWKHDFWRURPLV
VLRQ
WKDWFRQVWLWXWHV WKHEUHDFK ,PPXQLWLHV
DQGLQVXUDQFH  ,PPXQLW
IURP FLYLO OLDELOLW  $
PHPEHU LVQRW OLDEOH LQUHVSHFW RIDQ H[FOXGHG DFWRURPLV
VLRQ? D WR
WKH 0LQLVWHU XQOHVV LWLV DOVR DEUHDFK RIDQ LQGLYLGXDO
GXW
XQGHU DQRIFODXVHV WR E WR
DQ RWKHU SHUVRQ  1RWKLQJ
LQWKLV VHFWLRQ DIIHFWV? 

6FKHGXOH
 &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  3URYLVLRQV
UHODWLQJWR%RDUG FKDLUSHUVRQ DQG
PHPEHUV
?FRQWLQXHG D WKH
OLDELOLW RIDQ SHUVRQ WKDWLVQRW DFLYLO OLDELOLW E WKH
ULJKW RIDQ SHUVRQ WRDSSO LQ DFFRUGDQFH ZLWKWKH
ODZ
IRU MXGLFLDO UHYLHZ  ,QVXUDQFH
IRUOLDELOLW RIPHPEHU RI?FH KROGHU RU
HPSORHH 7KH
FKLHI H[HFXWLYH PDHIIHFW LQVXUDQFH FRYHUIRUDPHPEHU
LQ
UHODWLRQ WRKLV RUKHU DFWV RURPLVVLRQV H[FHSWDQDFW GRQH
RU
RPLVVLRQ PDGHWKDWLV? D LQ
EDG IDLWK E QRW
LQWKH SHUIRUPDQFH RULQWHQGHG SHUIRUPDQFH RIWKH
%RDUG?
VIXQFWLRQV  %U
HDFK RILQVXUDQFH OLPLWV  $
PHPEHU ZKRLVLQVXUHG EWKH FKLHI H[HFXWLYH LQEUHDFK RI
WKLV
$FWPXVW UHSD WRWKH FKLHI H[HFXWLYH WKHFRVW RISURYLGLQJ
RU
HIIHFWLQJ WKDWLQVXUDQFH FRYHUWR WKH H[WHQW WKDWWKHLQVXU 
DQFH
FRYHU H[FHHGV WKDWZKLFK FRXOGKDYHEHHQSURYLGHG RU
HI
IHFWHG XQGHUWKLV$FW  7KH
FKLHI H[HFXWLYH PDUHFRYHU WKHDPRXQW DVDGHEW GXHLQ
D
FRXUW RIFRPSHWHQW MXULVGLFWLRQ  ’H?QLWLRQV
IRUSURWHFWLRQV IURP OLDELOLW ,Q
FODXVHV WR? HIIHFW
LQVXUDQFH LQFOXGHVSDZKHWKHU GLUHFWORULQGLUHFWO 
WKH
FRVWV RIWKH LQVXUDQFH H[FOXGHG
DFWRURPLVVLRQ PHDQVDQDFW RURPLVVLRQ EWKH
PHPEHU
LQJRRG IDLWKDQGLQSHUIRUPDQFH RULQWHQGHG SHUIRUP
DQFH
RIWKH %RDUG? VIXQFWLRQV PHPEHU
LQFOXGHVDSHUVRQ ZKRZDVDPHPEHU DWDQ WLPH
DIWHU
WKHFRPPHQFHPHQW RIWKLV 6FKHGXOH EXWZKR LVQR ORQJHU
D
PHPEHU  

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 6FKHGXOH
 3URYLVLRQV
UHODWLQJWR%RDUG FKDLUSHUVRQ DQG
PHPEHUV
?FRQWLQXHG )HHV
DQGDOORZDQFHV  )HHV
DQGDOORZDQFHV  7KH
PHPEHUV RIWKH %RDUG DUHHQWLWOHG WREH SDLG LQDFFRUG
DQFH
ZLWKWKHIHHV IUDPHZRUN? D IHHV
DVGHWHUPLQHG EWKH 0LQLVWHU DQG E UHLPEXUVLQJ
DOORZDQFHVRUDFWXDO DQGUHDVRQDEOH H[
SHQVHV
LQFXUUHG LQXQGHUWDNLQJ WKHIXQFWLRQV DQGGXWLHV
RI
WKH %RDUG  ,Q
VXEFODXVH   IHHV
IUDPHZRUN PHDQVWKHIUDPHZRUN GHWHU
PLQHG
EWKH *RYHUQPHQW IURPWLPHWRWLPH IRUWKH FODVVL?FD
WLRQ
DQGUHPXQHUDWLRQ RIVWDWXWRU DQGRWKHU ERGLHV LQZKLFK
WKH
&URZQ KDVDQLQWHUHVW 

&KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  ,QFRPH
7D[ $FW  3XEOLF
$FW1R
’DWH
RIDVVHQW 1RYHPEHU 
&RPPHQFHPHQW
VHHVHFWLRQ $ $
 7
LWOH 7KLV
$FWLVWKH ,QFRPH 7D[ $FW  
&RPSDUH
1RV$  $
 &RPPHQFHPHQW
$SULO   7KLV
$FWFRPHV LQWRIRUFH RQ$SULO  $FW
HIIHFWLYH IRU? LQFRPHHDUDQGODWHU  +RZHYHU
H[FHSW ZKHQWKHFRQWH[W UHTXLUHV RWKHUZLVH WKLV$FW
DSSOLHV
RQOZLWKUHVSHFW WRWKH WD[ RQLQFRPH GHULYHG LQWKH
?
LQFRPHHDUDQGODWHU LQFRPH HDUV
’H?QHG
LQWKLV $FW LQFRPH HDUWD[
&RPSDUH
1RV$  

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW &KDULWLHV
$PHQGPHQW $FW 3XEOLF
$FW1R
’DWH
RIDVVHQW )HEUXDU 
&RPPHQFHPHQW
VHHVHFWLRQ   7
LWOH 7KLV
$FWLVWKH &KDULWLHV $PHQGPHQW $FW   &RPPHQFHPHQW7KLV
$FWFRPHV LQWRIRUFH RQWKH GD DIWHU WKHGDWH RQZKLFK
LW
UHFHLYHV WKH5RDO DVVHQW  7
UDQVLWLRQDO SURYLVLRQ IRURI?FHUV  7KLV
VHFWLRQ DSSOLHVLIDSHUVRQ EHFRPHV DQRI?FHU RIDFKDULW
DEOH
HQWLW EHFDXVH RIWKH DPHQGPHQWV PDGHWRWKH GH?QLWLRQ
RI
RI?FHU EVHFWLRQ   7KH
FKDULWDEOH HQWLWPXVWHQVXUH WKDWLWVHQGV RUGHOLYHUV QR
WLFH
RIWKH FKDQJH WRWKH &RPPLVVLRQ RUWKH FKLHI H[HFXWLYH  7KH
QRWLFH PXVW? D EH
LQWKH IRUP SUHVFULEHG EWKH &RPPLVVLRQ RUWKH
FKLHI
H[HFXWLYH LIDQ  DQG E EH
DFFRPSDQLHG EDGRFXPHQW LQWKH IRUP SUHVFULEHG
E
WKH &RPPLVVLRQ RUWKH FKLHI H[HFXWLYH WKDWLVVLJQHG
E
RU RQ EHKDOI RIWKH SHUVRQ ZKREHFDPH DQRI?FHU
DQG
WKDW FRQWDLQV DFHUWL?FDWLRQ WKDWWKHSHUVRQ LVQRW
GLVTXDOL?HG
XQGHUVHFWLRQ RIWKH SULQFLSDO $FWIURP
EHLQJ
DQRI?FHU RIWKH HQWLW DQG F FRQWDLQ
RUEH DFFRPSDQLHG EDQ RWKHU LQIRUPDWLRQ
RU
GRFXPHQWDWLRQ SUHVFULEHGEWKH &RPPLVVLRQ RUWKH
FKLHI
H[HFXWLYH DQG G VSHFLI
WKHGDWH RIFRPPHQFHPHQW RIWKLV $FWDVWKH
HI
IHFWLYH GDWHRIWKH FKDQJH DQG H EH
VHQW RUGHOLYHUHG WRWKH &RPPLVVLRQ RUWKH FKLHI H[
HFXWLYH
WRJHWKHU ZLWKRUDVSDUW RIWKH ?UVW DQQXDO UH
WXUQ
WREH SURYLGHG EWKH FKDULWDEOH HQWLWXQGHUVHFWLRQ

RIWKH SULQFLSDO $FWDIWHU WKHFRPPHQFHPHQW RIWKLV
$FW 

&KDULWLHV
$FW 5HSULQWHG
DVDW

-XO   7KLV
VHFWLRQ RYHUULGHV VHFWLRQ  F RIWKH SULQFLSDO $FW
DQG
XQWLO WKHQRWLFH LVVHQW RUGHOLYHUHG VHFWLRQ  G RI
WKDW
$FW  $
WHUP RUH[SUHVVLRQ WKDWLVXVHG LQWKLV VHFWLRQ DQGLVGH?QHG
LQ
WKH SULQFLSDO $FWKDVWKHPHDQLQJ JLYHQEWKDW $FW 6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  D  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  E  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  F  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  6HFWLRQ
  H  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   7
UDQVLWLRQDO SURYLVLRQ IRULQIRUPDWLRQ RUGRFXPHQWDWLRQ
U
HFHLYHG  7KLV
VHFWLRQ DSSOLHVLIEHIRUH WKHFRPPHQFHPHQW RIWKLV $FW
WKH
&RPPLVVLRQ UHFHLYHGDQLQIRUPDWLRQ RUGRFXPHQWDWLRQ
WKDW
FRPSOLHG ZLWKWKHSULQFLSDO $FW?VUHTXLUHPHQWV ZKHQLW
ZDV
UHFHLYHG  7KH
&RPPLVVLRQ RUWKH FKLHI H[HFXWLYH DVWKH FDVH PD EH
PXVW
GHDOZLWK WKHLQIRUPDWLRQ RUGRFXPHQWDWLRQ DVLIWKH SULQ
FLSDO
$FWKDGQRWEHHQ DPHQGHG EWKLV $FW 6HFWLRQ
  DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R   7
UDQVLWLRQDO SURYLVLRQ IRU&RPPLVVLRQ SUHVFULELQJ IRUP
RU
UHTXLU HPHQW 7KH
&RPPLVVLRQ RUWKH FKLHI H[HFXWLYH DVWKH FDVH PD EH
PD
VDWLVI WKHUHTXLUHPHQW IRUFRQVXOWDWLRQ XQGHUVHFWLRQ
 
RU$  RIWKH SULQFLSDO $FWHYHQ LIWKH FRQVXOWDWLRQ
RFFXUV
EHIRUHWKHFRPPHQFHPHQW RIWKLV $FW 6HFWLRQ
DPHQGHG RQ-XO  EVHFWLRQ   RIWKH &KDULWLHV
$PHQGPHQW
$FW 1R    1R  

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW &KDULWLHV
$PHQGPHQW $FW 1R 
 3XEOLF
$FW1R
’DWH
RIDVVHQW -XQH 
&RPPHQFHPHQW
VHHVHFWLRQ   7
LWOH 7KLV
$FWLVWKH &KDULWLHV $PHQGPHQW $FW 1R     &RPPHQFHPHQW7KLV
$FWFRPHV LQWRIRUFH RQ-XO   3ULQFLSDO
$FWDPHQGHG 7KLV
$FWDPHQGV WKH&KDULWLHV $FW 3U
RYLVLRQV UHODWLQJ WRGLVHVWDEOLVKPHQW RI
&KDULWLHV
&RPPLVVLRQ  ’LVHVWDEOLVKPHQW
RI&KDULWLHV &RPPLVVLRQ 7KH
&KDULWLHV &RPPLVVLRQ LVGLVHVWDEOLVKHG  &RPSHQVDWLRQ1R
PHPEHU RIWKH &KDULWLHV &RPPLVVLRQ LVHQWLWOHG WRFRP
SHQVDWLRQ
IRUORVV RIRI?FH UHVXOWLQJ IURPWKHGLVHVWDEOLVKPHQW
RI
WKH &RPPLVVLRQ 
 7
UDQVIHU RISURSHUW DQGOLDELOLWLHV RI&RPPLVVLRQ 2Q
WKHFRPPHQFHPHQW RIWKLV VHFWLRQ? D DOO
UHDO DQGSHUVRQDO SURSHUWRIWKH &KDULWLHV &RPPLV
VLRQ
DQGDOOULJKWV DQGOLDELOLWLHV RIWKH &RPPLVVLRQ YHVW
LQ
WKH &URZQ DQG E DOO
SURFHHGLQJV SHQGLQJERUDJDLQVW WKH&RPPLVVLRQ
PD
EHFRQWLQXHG FRPSOHWHG RUHQIRUFHG ERUDJDLQVW
WKH
&URZQ DQG F WKH
&RPPLVVLRQ? VZRUN LQSURJUHVV PDEHFDUULHG RQ
DQG
FRPSOHWHG EWKH FKLHI H[HFXWLYH RUWKH %RDUG 

&KDULWLHV
$FW 5HSULQWHG
DVDW

-XO   5HVWULFWLRQ
RIFRPSHQVDWLRQ IRUWHFKQLFDO UHGXQGDQF  $Q
HPSORHH LVQRW HQWLWOHG WRUHFHLYH DQSDPHQW RURWKHU
EHQH?W
RQWKH JURXQG WKDWKLVRUKHU SRVLWLRQ LQWKH &KDULWLHV
&RPPLVVLRQ
KDVFHDVHG WRH[LVW LI? D WKH
SRVLWLRQ FHDVHVWRH[LVW DVDUHVXOW RIDWUDQVIHU RI
IXQFWLRQV
IURPWKH&RPPLVVLRQ WRWKH FKLHI H[HFXWLYH
DQG E LQ
FRQQHFWLRQ ZLWKWKDWWUDQVIHU RIIXQFWLRQV? L WKH
HPSORHH LVRIIHUHG HTXLYDOHQW HPSORPHQW
LQ
WKH GHSDUWPHQW ZKHWKHURUQRW WKHHPSORHH
DFFHSWV
WKHRIIHU  RU LL WKH
HPSORHH LVRIIHUHG DQGDFFHSWV RWKHUHP
SORPHQW
LQWKH GHSDUWPHQW  ,Q
WKLV VHFWLRQ HTXLYDOHQW
HPSORPHQW WRWKH HPSORHH? VHP
SORPHQW
LQWKH &KDULWLHV &RPPLVVLRQ LVHPSORPHQW LQWKH
GHSDUWPHQW? D LQ
VXEVWDQWLDOO WKHVDPH SRVLWLRQ DQG E LQ
WKH VDPH JHQHUDO ORFDOLW DQG F RQ
WHUPV DQGFRQGLWLRQV RIHPSORPHQW WKDWDUHQROHVV
IDYRXUDEOH
WKDQWKRVH WKDWDSSO WRWKH HPSORHH LP
PHGLDWHO
EHIRUHWKHRIIHU RIHTXLYDOHQW HPSORPHQW
LQFOXGLQJ
DQVHUYLFH UHODWHG UHGXQGDQF DQG VXSHU 
DQQXDWLRQ
FRQGLWLRQV  DQG G RQ
WHUPV WKDWWUHDW WKHSHULRG RIVHUYLFH ZLWKWKH&RP
PLVVLRQ
DQGDQRWKHU SHULRG RIVHUYLFH UHFRJQLVHG E
WKH
&RPPLVVLRQ DVFRQWLQXRXV VHUYLFH DVLILWZHUH FRQ
WLQXRXV
VHUYLFHZLWKWKHGHSDUWPHQW  7KLV
VHFWLRQ RYHUULGHV 3DUW$RIWKH (PSORPHQW 5HODWLRQV
$FW
  $SSOLFDWLRQ
RIFROOHFWLYH DJUHHPHQWV WRHPSORHHV  7KLV
VHFWLRQ OLPLWVZKLFK HPSORHHV PDEHERXQG EDFRO
OHFWLYH
DJUHHPHQW WKDWELQGV WKHFKLHI H[HFXWLYH RIWKH &KDU 
LWLHV
&RPPLVVLRQ EHIRUHDWUDQVIHU RIIXQFWLRQV IURPWKH&RP
PLVVLRQ
WRWKH FKLHI H[HFXWLYH RIWKH GHSDUWPHQW DQGWKDW DV
D
FRQVHTXHQFH RIVHFWLRQ  ELQGV WKHFKLHI H[HFXWLYH RIWKH
GHSDUWPHQW
DIWHUWKDWWUDQVIHU RIIXQFWLRQV  $IWHU
WKDWWUDQVIHU RIIXQFWLRQV WKHRQO HPSORHHV RIWKH GH
SDUWPHQW
ZKRDUHHQWLWOHG WREH ERXQG ERUHQIRUFH WKHFRO 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW OHFWLYH
DJUHHPHQW DUHWKRVH HPSORHHV ZKRDUHDSSRLQWHG WRD
SRVLWLRQ
LQWKH GHSDUWPHQW WKDWKDVEHHQ HVWDEOLVKHG ZKHWKHU
RU
QRW SUHYLRXVO H[LVWLQJLQWKH &RPPLVVLRQ WRHQDEOH WKH
FKLHI
H[HFXWLYH WRSHUIRUP WKHWUDQVIHUUHG IXQFWLRQV  6XEVHFWLRQ
 GRHV QRWELQG DQHPSORHH WRDFROOHFWLYH DJUHH
PHQW
RUHQWLWOH DQHPSORHH WREH ERXQG ERUHQIRUFH DFRO
OHFWLYH
DJUHHPHQW LIWKH HPSORHH ZRXOGQRWRWKHUZLVH EH
ERXQG
ERU EH HQWLWOHG WREH ERXQG ERUHQIRUFH WKDWDJUHH
PHQW  7KLV
VHFWLRQ OLPLWVZKLFK HPSORHHV PDEHERXQG EFROOHFW
LYH
DJUHHPHQWV LQFOXGLQJFROOHFWLYHHPSORPHQW FRQWUDFWV 
DQG
WKHFRYHUDJH RIWKRVH DJUHHPHQWV XQGHUVHFWLRQV   

     DQG RIWKH (PSORPHQW 5HODWLRQV
$FW
  7KLV
VHFWLRQ GRHVQRWDSSO WRDFROOHFWLYH DJUHHPHQW WRWKH
H[WHQW
WKDWWKHSDUWLHV DJUHHRWKHUZLVH  6XSHUDQQXDWLRQ  $Q
HPSORHH RIWKH &KDULWLHV &RPPLVVLRQ ZKRLPPHGLDWHO
EHIRUH
EHFRPLQJ DQHPSORHH RIWKH GHSDUWPHQW LVDFRQWULEX
WRU
WRWKH *RYHUQPHQW 6XSHUDQQXDWLRQ )XQGXQGHU 3DUWRU $
RI
WKH *RYHUQPHQW 6XSHUDQQXDWLRQ )XQG$FW LVGHHPHG
IRU
WKH SXUSRVH RIWKDW $FW WREH HPSORHG LQWKH *RYHUQPHQW
VHUYLFH
VRORQJ DVKH RUVKH FRQWLQXHV WREH DQHPSORHH RIWKH
GHSDUWPHQW  6XEVHFWLRQ
 GRHV QRWHQWLWOH DSHUVRQ WREHFRPH DFRQWULEX
WRU
WRWKH *RYHUQPHQW 6XSHUDQQXDWLRQ )XQGLIWKH SHUVRQ KDV
FHDVHG
WREH DFRQWULEXWRU   )RU
WKHSXUSRVH RIDSSOLQJ WKH*RYHUQPHQW 6XSHUDQQXDWLRQ
)XQG
$FW WKHFKLHI H[HFXWLYH RIWKH GHSDUWPHQW LVWKH
FRQWUROOLQJ
DXWKRULW  2WKHU
VDYLQJV DQGWUDQVLWLRQDO PDWWHUV 7KH
*RYHUQRU *HQHUDO PDE 2UGHU LQ&RXQFLO SURYLGHIRU
VDYLQJV
DQGWUDQVLWLRQDO PDWWHUVFRQQHFWHG ZLWKWKHGLVHVWDE
OLVKPHQW
RIWKH &KDULWLHV &RPPLVVLRQ LQFOXGLQJWKHWUDQVIHU
RI
IXQFWLRQV IRUPHUOFDUULHGRXWEWKH &RPPLVVLRQ 

1RWHV &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  &RQWHQWV *HQHUDO 6WDWXV
RIUHSULQWV  +RZ
UHSULQWV DUHSUHSDUHG  &KDQJHV
PDGHXQGHU VHFWLRQ &RIWKH $FWV DQG5HJXODWLRQV
3XEOLFDWLRQ
$FW  /LVW
RIDPHQGPHQWV LQFRUSRUDWHGLQWKLV UHSULQW PRVWUHFHQW
?UVW 1RWHV *HQHUDO7KLV
LVDUHSULQW RIWKH &KDULWLHV $FW 7KHUHSULQW
LQFRUSRUDWHV
DOOWKH DPHQGPHQWV WRWKH $FW DVDW-XO 
DV
VSHFL?HG LQWKH OLVW RIDPHQGPHQWV DWWKH HQG RIWKHVH QRWHV
5HOHYDQW
SURYLVLRQV RIDQ DPHQGLQJ HQDFWPHQWV WKDWFRQWDLQ
WUDQVLWLRQDO
VDYLQJVRUDSSOLFDWLRQ SURYLVLRQVWKDWFDQQRW EH
FRPSLOHG
LQWKH UHSULQW DUHDOVR LQFOXGHG DIWHUWKHSULQFLSDO
HQDFWPHQW
LQFKURQRORJLFDO RUGHU)RU PRUH LQIRUPDWLRQ VHH
KWWSZZZ
SFRSDUOLDPHQWJRYWQ]UHSULQWV  6WDWXV
RIUHSULQWV 8QGHU
VHFWLRQ ’RIWKH $FWV DQG5HJXODWLRQV 3XEOLFDWLRQ
$FW
 UHSULQWV DUHSUHVXPHG WRFRUUHFWO VWDWHDVDWWKH
GDWH
RIWKH UHSULQW WKHODZ HQDFWHG EWKH SULQFLSDO HQDFWPHQW
DQG
EWKH DPHQGPHQWV WRWKDW HQDFWPHQW 7KLVSUHVXPSWLRQ
DSSOLHV
HYHQWKRXJK HGLWRULDO FKDQJHVDXWKRULVHG EVHFWLRQ
&
RIWKH $FWV DQG5HJXODWLRQV 3XEOLFDWLRQ$FW KDYH
EHHQ
PDGH LQWKH UHSULQW
7KLV
SUHVXPSWLRQ PDEHUHEXWWHG ESURGXFLQJ WKHRI?FLDO
YROXPHV
RIVWDWXWHV RUVWDWXWRU UHJXODWLRQV LQZKLFK WKH
SULQFLSDO
HQDFWPHQW DQGLWVDPHQGPHQWV DUHFRQWDLQHG  +RZ
UHSULQWV DUHSUHSDUHG $
QXPEHU RIHGLWRULDO FRQYHQWLRQV DUHIROORZHG
LQ
WKH SUHSDUDWLRQ RIUHSULQWV )RUH[DPSOH WKH
HQDFWLQJ
ZRUGVDUHQRW LQFOXGHG LQ$FWV DQG
SURYLVLRQV
WKDWDUHUHSHDOHG RUUHYRNHG DUHRPLWWHG 

5HSULQWHG
DVDW

-XO  &KDULWLHV
$FW 1RWHV )RU
DGHWDLOHG OLVWRIWKH HGLWRULDO FRQYHQWLRQV VHH
KWWSZZZ
SFRSDUOLDPHQWJRYWQ]HGLWRULDOFRQYHQWLRQV RU
3DUW
RI WKH 7DEOHV RI1HZ =HDODQG $FWVDQG2UGLQDQFHV DQG
6WDWXWRU
5HJXODWLRQV DQG’HHPHG 5HJXODWLRQV LQ)RU FH  &KDQJHV
PDGHXQGHU VHFWLRQ &RIWKH $FWV DQG
5HJXODWLRQV
3XEOLFDWLRQ$FW 6HFWLRQ
&RIWKH $FWV DQG5HJXODWLRQV 3XEOLFDWLRQ$FW
DXWKRULVHV
WKHPDNLQJ RIHGLWRULDO FKDQJHVLQDUHSULQW DVVHW
RXW
LQVHFWLRQV ’DQG( RIWKDW $FWVRWKDW WRWKH H[WHQW
SHUPLWWHG
WKHIRUPDW DQGVWOH RIWKH UHSULQWHG HQDFWPHQW LV
FRQVLVWHQW
ZLWKFXUUHQW OHJLVODWLYH GUDIWLQJSUDFWLFH &KDQJHV
WKDW
ZRXOG DOWHUWKHHIIHFW RIWKH OHJLVODWLRQ DUHQRW SHUPLWWHG
$
QHZ IRUPDW RIOHJLVODWLRQ ZDVLQWURGXFHG RQ-DQXDU 
&KDQJHV
WROHJLVODWLYH GUDIWLQJVWOHKDYHDOVREHHQ PDGH VLQFH

DQGDUHRQJRLQJ 7R WKH H[WHQW SHUPLWWHG EVHFWLRQ
&
RIWKH $FWV DQG5HJXODWLRQV 3XEOLFDWLRQ$FW DOO
OHJLVODWLRQ
UHSULQWHGDIWHU-DQXDU LVLQ WKH QHZ IRUPDW
IRU
OHJLVODWLRQ DQGUH?HFWV FXUUHQWGUDIWLQJ SUDFWLFHDWWKH WLPH
RI
WKH UHSULQW
,Q
RXWOLQH WKHHGLWRULDO FKDQJHVPDGHLQUHSULQWV XQGHU
WKH
DXWKRULW RIVHFWLRQ &RIWKH $FWV DQG5HJXODWLRQV
3XEOLFDWLRQ
$FW DUHVHWRXW EHORZ DQG WKH KDYH EHHQ
DSSOLHG
ZKHUHUHOHYDQW LQWKH SUHSDUDWLRQ RIWKLV UHSULQW ? RPLVVLRQ
RIXQQHFHVVDU UHIHUHQWLDOZRUGV VXFKDV?RI
WKLV
VHFWLRQ ?DQG ?RI WKLV $FW? ? WSHIDFH
DQGWSH VL]H 7LPHV 5RPDQ JHQHUDOO LQ
SRLQW ? ODRXW
RISURYLVLRQV LQFOXGLQJ ? LQGHQWDWLRQ? SRVLWLRQ
RIVHFWLRQ KHDGLQJV HJWKHQXPEHU DQG
KHDGLQJ
QRZDSSHDU DERYHWKHVHFWLRQ ? IRUPDW
RIGH?QLWLRQV HJWKHGH?QHG WHUPQRZDSSHDUV
LQ
EROG WSH ZLWKRXW TXRWDWLRQ PDUNV ? IRUPDW
RIGDWHV HJDGDWH IRUPHUO H[SUHVVHG DV?WKH
VW
GD RI-DQXDU ?LV QRZ H[SUHVVHG DV? -DQXDU

? 

1RWHV &KDULWLHV
$FW 5HSULQWHG
DVDW

-XO  ? SRVLWLRQ
RIWKH GDWH RIDVVHQW LWQRZ DSSHDUV RQWKH IURQW
SDJH
RIHDFK $FW ? SXQFWXDWLRQ
HJFRORQV DUHQRW XVHG DIWHUGH?QLWLRQV ? 3DUWV
QXPEHUHG ZLWKURPDQ QXPHUDOV DUHUHSODFHG ZLWK
DUDELF
QXPHUDOV DQGDOOFURVVUHIHUHQFHV DUHFKDQJHG
DFFRUGLQJO ? FDVH
DQGDSSHDUDQFH RIOHWWHUV DQGZRUGV LQFOXGLQJ ? IRUPDW
RIKHDGLQJV HJKHDGLQJV ZKHUHHDFK
ZRUG
IRUPHUO DSSHDUHG ZLWKDQLQLWLDO FDSLWDO
OHWWHU
IROORZHG EVPDOO FDSLWDO OHWWHUVDUH
DPHQGHG
VRWKDW WKHKHDGLQJ DSSHDUVLQEROG
ZLWK
RQOWKH?UVW ZRUG DQGDQSURSHU QRXQV
DSSHDULQJ
ZLWKDQLQLWLDO FDSLWDO OHWWHU ? VPDOO
FDSLWDO OHWWHUVLQVHFWLRQ DQGVXEVHFWLRQ
UHIHUHQFHV
DUHQRZ FDSLWDO OHWWHUV ? VFKHGXOHV
DUHUHQXPEHUHG HJ6FKHGXOH UHSODFHV
)LUVW
6FKHGXOH  DQGDOOFURVVUHIHUHQFHV DUHFKDQJHG
DFFRUGLQJO ? UXQQLQJ
KHDGV WKHLQIRUPDWLRQ WKDWDSSHDUV DWWKH WRS
RI
HDFK SDJH ? IRUPDW
RIWZRFROXPQ VFKHGXOHVRIFRQVHTXHQWLDO
DPHQGPHQWV
DQGVFKHGXOHV RIUHSHDOV HJWKH
DUH
UHDUUDQJHG LQWRDOSKDEHWLFDO RUGHUUDWKHU WKDQ
FKURQRORJLFDO   /LVW
RIDPHQGPHQWV LQFRUSRUDWHG LQWKLV UHSULQW
PRVW
UHFHQW ?UVW &KDULWLHV
$PHQGPHQW $FW 1R    1R
&KDULWLHV
$PHQGPHQW $FW  1R
7
HUURULVP 6XSSUHVVLRQ $PHQGPHQW $FW  1R  VHFWLRQ 
,QFRPH
7D[ $FW   1R  VHFWLRQ =$ 
6HFXULWLHV
$PHQGPHQW $FW  1R  VHFWLRQ 
&KDULWLHV
$FW&RPPHQFHPHQW 2UGHU 65   :
HOOLQJWRQ 1HZ=HDODQG
3XEOLVKHG
XQGHUWKHDXWKRULW RIWKH 1HZ =HDODQG *RYHUQPHQW? 

-->