Base Aviation J8T6J11 The Base Engineering ASK Remote User Manual Propane ASK200 800 SeriesA

Base Aviation Ltd. The Base Engineering ASK Remote Propane ASK200 800 SeriesA

User Manual

       FCC ID: N8K J8T6J11 IC: 6657A-J8T6J11
ASK 200-800   FCC AND IC DECLARATION OF CONFORMITY  Compliance Information Statement  Name: Remote Valve Control Receiver Model: ASK200-800 FCC ID: N8K J8T6J11 IC: 6657A-J8T6J11  Manufacturer:  Base Engineering Inc. 600 Rothesay Ave. Saint John, New Brunswick Canada, E2H 2H1 Phone (506) 635-2280 Fax (506) 635-2281  Testing Laboratory:  Solectron Inc 21 Richardson Side Road Kanata, Ontario Canada, K2K 2C1 Phone (613) 271-5322 Fax (613) 271-2581 Solectron Report No.:  KP000938-CR-RAD-84-01  FCC Compliance Statement:  This device complies with Part 15 of the FCC Rules. Operation is subject to the following two conditions: (1) this device may not cause harmful interference, and (2) this device must accept any interference received, including interference that may cause undesired operation.  IC Compliance Statement:  “Operation is subject to the following two conditions: (1) this device may not cause interference, and (2) this device must accept any interference, including interference that may cause undesired operation of the device.”  NOTE ON FCC PART 15.203:  The Tx antenna is permanently attached and is not user replaceable.  NOTE:  Changes or modifications not expressly approved by the party responsible for compliance could void the user's authority to operate the equipment.
3DJH$6.6HULHV0XOWL)XQFWLRQ6\VWHP2YHUYLHZ7KHVH V\VWHPV KDYH EHHQ HQJLQHHUHG WR SURYLGH PXOWLFKDQQHOPXOWLIXQFWLRQ FRQWUROV IRUEXONIXHOGHOLYHU\RSHUDWLRQV7KHPRVWFRPPRQDSSOLFDWLRQVDUHIRU&OXWFK372+RVH5HHO7KURWWOH(PHUJHQF\6WRSDQG³4XHU\´FRQWURO6\VWHPVFDQEHRUGHUHGZLWKDQ\FRPELQDWLRQRIWKHIROORZLQJIXQFWLRQV372FRQWUROFDQEHWKURXJKDQDLUDFWXDWRUDWWDFKHGWRWKHWUXFNFOXWFKSHGDORULQWKHFDVHRID³KRWVKLIW´372GLUHFWO\LQOLQHEHWZHHQWKH372VZLWFKDQGWUDQVPLVVLRQ7KHQRUPDOO\RSHQVLGHRIWKHHOHFWURQLFUHFHLYHUUHOD\SURYLGHV9WRDQDLUVROHQRLGYDOYHDOORZLQJDLUVXSSO\WRSDVVWKURXJKZKHQWKH³372´EXWWRQLVSUHVVHG7KHQRUPDOO\FORVHGVLGHRIWKLVUHOD\UHPRYHVWKLV9VLJQDODQGFDXVHVWKHVROHQRLGWRH[KDXVWDOODLUSUHVVXUHXSVWUHDP)RUFOXWFKSHGDORSHUDWLRQDLUVKRXOGEHVXSSOLHGIURPWKH372DLUOLQHEHWZHHQWKH372VZLWFKDQGWUDQVPLVVLRQ7KLVZLOOHQVXUHWKDWWKHV\VWHPLVRSHUDEOHRQO\ZKHQWKH372LVHQJDJHG7KHRSHUDWRUGHSUHVVHVWKHFOXWFKHQJDJHVWKH372DQGSUHVVHVWKH³372´RU³&/87&+´EXWWRQRQWKHWUDQVPLWWHU7KLVZLOOVXSSO\DLUWRWKHFOXWFKSLVWRQDQGPDLQWDLQWKHGLVHQJDJHGFOXWFK3UHVVLQJWKHWUDQVPLWWHUEXWWRQDJDLQZLOOHQJDJHWKH&OXWFK372DQGSXPSLQJEHJLQV+RVH 5HHO XQZLQG DQG UHZLQG DUH DYDLODEOH LI ERWK GLUHFWLRQV DUH VSHFL¿HG 7KH QRUPDOO\RSHQVLGHVRIWKHHOHFWURQLFUHFHLYHUUHOD\VHQHUJL]HDQ³$´DQG³%´PRWRUUHYHUVHUFLUFXLWFRQWDLQHG LQ WKH H[WHUQDOO\ PRXQWHG VROHQRLG ER[ 7KH UHFHLYHU DQG UHYHUVHU ER[ DUHSUHZLUHG WKURXJK D IRXU FRQGXFWRU XPELOLFDO FDEOH ZLWK SOXJ ,QVWDOODWLRQ LV D PDWWHU RIFRQQHFWLQJEDWWHU\SRZHUDQGJURXQGDQGKRVHUHHOPRWRUOHDGV1RWH 6\VWHPV XVLQJ RQO\ RQH GLUHFWLRQ FRQWURO XQZLQG RSHUDWH RQ RQH FKDQQHO RQO\ 7KHQRUPDOO\FORVHGVLGHRIWKLVFKDQQHOLVXVHGWRSRZHUDFRQYHQWLRQDOWUXFNPRXQWHGUHZLQGEXWWRQ 7KLV FRQ¿JXUDWLRQ SUHYHQWV WKH SRVVLELOLW\ RI D GHDG VKRUW WKURXJK WKH KRVH UHHOPRWRULQWKH HYHQW ERWKWKHWUDQVPLWWHU ³81:,1'´ EXWWRQDQGWUXFN PRXQWHG ³5(:,1'´EXWWRQVDUHSUHVVHGDWWKHVDPHWLPH7KURWWOH8S'RZQFRQWUROLVSURYLGHGE\WKHQRUPDOO\RSHQVLGHRIWKHVHOHFWHGUHFHLYHUUHOD\3UHVVLQJWKH³7+5277/(´WUDQVPLWWHUEXWWRQVZLWFKHV9WRWKHFORVHGVLGHRIDQ\WUXFNPRXQWHGIDVWLGOHVZLWFK(QJLQHVZLWK(OHFWURQLF&RQWURO0RGXOHV(&0PD\UHTXLUHWKHXVH RI DGGLWLRQDO H[WHUQDO UHOD\V ZKHUH ³372 (QDEOH´ LV UHTXLUHG IRU VWDWLRQDU\ IDVW LGOHFRQWURO&RPPRQHQJLQHZLULQJVFKHPDWLFVDUHDYDLODEOHIURP%$6(DQGDUHLQFOXGHGLQWKH'HDOHU,QIRUPDWLRQ%LQGHU7KURWWOHFRQWUROPD\DOVREHWKURXJKXVHRIDQHOHFWULFRUDLUDFWXDWHGXQGHUKRRGSLVWRQDQDLUVROHQRLGYDOYHZLOOEHUHTXLUHGIRUSQHXPDWLFWKURWWOHFRQWURO1RWH6\VWHPVFDQEHRUGHUHGWKDWSURYLGHDPRPHQWDU\RUODWFKHGFRQWDFWRIWZRZLUHVDVLVWKHFDVHRI*0JDVROLQHSURSDQHSRZHUHGHQJLQHV3UHVVLQJWKH³7+5277/(´EXWWRQZLOO³MRLQ´WZRZLUHVVXSSOLHGLQWKHKDUQHVV7KLVDSSOLFDWLRQW\SLFDOO\SURYLGHVDJURXQGVLJQDOWRWKHWUXFNV(&0$GGWKHVXI¿[³&´DIWHUWKHPRGHOQXPEHUZKHQRUGHULQJ
4XHU\RSHUDWLRQLVXVHGWRVWRSWKHGHOLYHU\RSHUDWLRQLIWKHRSHUDWRUIDLOVWR³WHOO´WKHWUXFNWKDWKHLVSD\LQJDWWHQWLRQ2QFHWKHGHOLYHU\RSHUDWLRQEHJLQVWKHRSHUDWRUPXVWSUHVVWKHWUDQVPLWWHU³48(5<´EXWWRQZLWKLQPLQXWHVWRNHHSWKHWUXFNSXPSLQJ3UHVVLQJWKLVEXWWRQUHVWDUWVWKHPLQXWHV\VWHPWLPHU)DLOXUHWRSUHVVWKLVEXWWRQZLOOUHVXOWLQDQDXGLEOHVHFRQGZDUQLQJWKURXJKWKHWUXFNVEDFNXSDODUPSULRUWRVKXWGRZQ3UHVVLQJWKH³48(5<´EXWWRQZLOOVWRSWKHDODUPDQGUHVWDUWWKHWLPHU)DLOXUHWRSUHVVWKHEXWWRQGXULQJWKHDODUPZDUQLQJZLOOFDXVHWKH(PHUJHQF\6WRSIXQFWLRQWRDXWRPDWLFDOO\DFWLYDWH7KLVIHDWXUHLVSUHSURJUDPPHGE\WKHIDFWRU\DQGUHTXLUHVDZLUHFRQQHFWLRQEHPDGHWRWKHWUXFNVEDFNXSDODUP$ZLULQJGLDJUDPLVSURYLGHGZKHQWKLVIHDWXUHLVRUGHUHG7KHVXI¿[³4´DIWHUWKHPRGHOQXPEHUVLJQL¿HVD4XHU\IXQFWLRQ3ULQWIXQFWLRQHQDEOHVWKHRSHUDWRUWR35,17WKHFXVWRPHU¶VWLFNHWLPPHGLDWHO\DIWHUWKHGHOLYHU\IURPWKHHQG RIWKH KRVH7KLV IXQFWLRQKHOSVVDYH WLPHIRUWKH GULYHUE\KDYLQJ WKHWLFNHWDOUHDG\SULQWHGZKHQDUULYLQJEDFNDWWKHUHJLVWHU
(PHUJHQF\6WRSIRU(QJLQHDQG,QWHUQDO9DOYH$QLJQLWLRQ UHOD\ LVSURYLGHG WR EHLQVWDOOHG LQOLQH ZLWKWKH LJQLWLRQ ³KRW´ZLUH7KLV LV DZLUH WKDWZKHQGLVFRQQHFWHGZLOOFDXVHWKHHQJLQHWRVWRS&KHFNZLWKWKHWUXFNGHDOHUVHUYLFHGHSDUWPHQWWRGHWHUPLQHWKHFRUUHFWZLUHIRU\RXUSDUWLFXODUW\SHRIHQJLQH7KHQRUPDOO\RSHQVLGHRIWKHVHOHFWHGUHFHLYHUUHOD\LVDFWLYDWHGE\WKH³(0(5*(1&<6723´EXWWRQVHQGLQJ9WRWKHPDJQHWLFFRLORIWKLVUHOD\³LQWHUUXSWLQJ´WKHLJQLWLRQFLUFXLW:LWK³)ORPDWLF´LQWHUQDOYDOYH7KLVLVWKHVDPHDVHQJLQHNLOOV\VWHPDERYH&DUJRSXPSVWRSVZLWKHQJLQHVWRS³)ORPDWLF´LQWHUQDOYDOYHFORVHVZLWKORVVRISXPSGLIIHUHQWLDOSUHVVXUH:LWK$,5RSHUDWHGLQWHUQDOYDOYHV7KHQRUPDOO\ FORVHG VLGHRI WKHUHFHLYHU UHOD\ VHQGV9 WRDQDLU VROHQRLGYDOYH ZKHQHYHUWKHV\VWHPLV³DUPHG´7KLVVLJQDORSHQVWKHVROHQRLGYDOYHDOORZLQJDLUWRVXSSO\WKHLQWHUQDOYDOYHLIWKHPDQXDODLUVZLWFKLVRSHQHG$WWKHVDPHWLPHWKHHQJLQHNLOOUHOD\LVDFWLYDWHGWKH9VLJQDOWRWKHLQWHUQDOYDOYHDLUVROHQRLGLVGURSSHGFDXVLQJWKHVROHQRLGWRH[KDXVWDOODLUXSVWUHDPFORVLQJWKHLQWHUQDOYDOYH:LWK&$%/(RSHUDWHGLQWHUQDOYDOYHV6DPHDVDERYHEXWDQDX[LOLDU\FDEOHDFWXDWRULVDGGHGWR³SXOO´WKHHPHUJHQF\WULSFDEOHZKHQWKH³(0(5*(1&<6723´EXWWRQ LV SUHVVHG7KLVDFWXDWRUFDQEH$,5RSHUDWHGLIWKH WUXFNKDVDYDLODEOHDLURU(/(&75,&$//<RSHUDWHGLIWKHWUXFNKDVQRDYDLODEOHDLU$GGWKHVXI¿[³$&6´RU³(&6´IRU$,5RU(/(&75,&&$%/(6<67(0KDUGZDUH1RWH 7KH V\VWHP FDQQRW EH UHVHW IURP WKH WUDQVPLWWHU 7R UHVHW WKH V\VWHP VLPSO\ WXUQ WKHLJQLWLRQNH\RIIDQGRQDJDLQZKHQUHVWDUWLQJWKHWUXFN7KLVUHTXLUHPHQWKDVEHHQGHOLEHUDWHO\SURJUDPPHGLQWRWKHUHFHLYHUVRIWZDUHIRUPD[LPXPVDIHW\)RUDSSOLFDWLRQVQRWGLVFXVVHGDERYHVXFKDV372VHFRQG7LPH'HOD\SOHDVHFRQWDFWWKHIDFWRU\WHFKQLFDOVXSSRUWJURXSDW$6.6HULHV&RPSRQHQWV(DFKV\VWHPLQFOXGHVRQHRIHDFKRIWKHIROORZLQJ $OXPLQXPHOHFWURQLFUHFHLYHUXQLW 0XOWLIXQFWLRQWUDQVPLWWHUZLWKOHDWKHUSRXFK $LUVROHQRLGUHYHUVHUER[HQFORVXUHGHSHQGLQJRQV\VWHP $QWHQQDDQGDQWHQQDH[WHQVLRQFDEOH ,QFDEZLULQJKDUQHVV 1RUPDOO\FORVHGHQHUJL]HGRSHQLJQLWLRQUHOD\ 2SHUDWLQJLQVWUXFWLRQV3DJH
$6.6HULHV,QVWDOODWLRQ3URFHGXUHV0XFKRIWKHLQVWDOODWLRQZLULQJKDVEHHQFRPSOHWHGE\%$6((QJLQHHULQJGXULQJDVVHPEO\$OOUHPDLQLQJZLUHVDUHFOHDUO\ODEHOHGIRUHDV\KRRNXS$OODLUOLQHFRQQHFWLRQVDUHPDGHZLWKTXLFNFRQQHFW¿WWLQJVVXSSOLHG5HFHLYHU8QLW,QVWDOODWLRQ/RFDWHWKH%$6(UHFHLYHUXQLWLQWKHWUXFNFDEVRWKDWLWFDQEHHDVLO\ZLUHGWRD³VZLWFKHG´9SRZHU VXSSO\ 7KH SRZHU VXSSO\ XVHG VKRXOG RQO\ EH DFWLYH GXULQJ SXPSLQJRSHUDWLRQVVHHEHORZ7KLVZLOOHQVXUHWKDWWKHXQLWLVQRW³DUPHG´GXULQJQRUPDOKLJKZD\GULYLQJ7KHV\VWHPORFDWLRQVKRXOGDOVRDOORZHDV\DFFHVVWRWKHXQLWIRUSRWHQWLDOIXVHUHSODFHPHQW0RXQWLQJKROHVDUHORFDWHGLQRSSRVLWHFRUQHUVRIWKHUHFHLYHUHQFORVXUH7KHVHDUHDFFHVVHGE\UHPRYLQJWKHVL[VWDLQOHVVVFUHZVDQGUHFHLYHUFRYHU,QGXVWULDO9HOFUR KDV DOVR EHHQ DWWDFKHG WR EDFN RI WKH UHFHLYHU WR DOORZ HDV\ PRXQWLQJ  LQ DQ\ORFDWLRQ
3DJH7KLVUHFHLYHUXQLWKDVTXLFNFRQQHFWHOHFWULFDOSOXJVORFDWHGDWWKHERWWRPRIWKHUHFHLYHUIRUWKH³LQFDE´ZLULQJDQGXPELOLFDOFRQQHFWLRQWRWKHVROHQRLGHQFORVXUH$¿IWHHQIRRWORQJ³LQFDEZLULQJ´KDUQHVVLVLQFOXGHG0DNHHOHFWULFDOFRQQHFWLRQVWRWKLVFDEOHDVIROORZVUHIHUWRHOHFWULFDOVFKHPDWLFVXSSOLHGZLWKWKHV\VWHPDVRUGHUHG  &RQQHFWUHGZLUHODEHOHG9WRWUXFN9SRVLWLYH³IXVHGDQGVZLWFKHG´1RWH)RUWKH9ROW3RZHU&RQQHFWLRQLWLVVWURQJO\UHFRPPHQGHGWKDWWKHSRZHUWR³DUP´DQ\%$6(V\VWHPEHWDNHQIURPDVRXUFHWKDWLVHQHUJL]HGRQO\GXULQJSXPSLQJRSHUDWLRQV([DPSOHVRIWKLVVRXUFH ZRXOGEHDQLQWHUQDOYDOYH ³RSHQ´LQGLFDWRUODPSD 372RUSDUNEUDNHLQGLFDWRUODPSRUE\LQVWDOOLQJD9ORZDLUQRUPDOO\FORVHGSUHVVXUHVZLWFKLQWKHDLUOLQHVXSSO\LQJSDUNEUDNHDLUGXPSYDOYH  &RQQHFWEODFNZLUHODEHOHG*1'WRDJRRGFKDVVLVJURXQG1RWH)RU1HJDWLYHRU*URXQG&RQQHFWLRQLWLVQRWUHFRPPHQGHGWRFRQQHFWWKH372LQGLFDWRUODPSJURXQGZLUHGLUHFWO\WRWKH%$6(V\VWHPJURXQGZLUHLQRUGHUWRKDYHWKH372DFWDVDVZLWFK7KH%$6(V\VWHPUHFHLYHUXQLWZLOOJURXQGWRWKHFKDVVLVLIIDVWHQHGWKURXJKPHWDO372RU(PHUJHQF\%UDNHJURXQGZLUHVFDQEHXVHGWRJURXQGDQDX[LOLDU\UHOD\VZLWFKLQJ9ROWVSRZHUWRWKH%$6(V\VWHP
6ROHQRLG5HOD\8QLW,QVWDOODWLRQ'HWHUPLQHWKHORFDWLRQRIWKHDLUVROHQRLGUHYHUVHUER[HQFORVXUH7KLVFDQEHLQWKHWUXFNFDELIVSDFH LVDYDLODEOHRU FDQ EHGLUHFWO\EHKLQG WKHWUXFNFDE RQWKHIUDPHEHWZHHQWKHWDQNDQGFDE1RWHWKDWDLUOLQHVDQGEDWWHU\FDEOHVIHHGLQWKURXJKWKHERWWRPRIWKHHQFORVXUH0RXQWLQJWDEVDUHORFDWHGDWWKHWRSDQGERWWRPRIWKHHQFORVXUH7KHVROHQRLGHQFORVXUHKDVEHHQSUHZLUHGZLWKD¶FDEOHWRFRQQHFWZLWKWKHUHFHLYHU)HHGWKLVFDEOHXSLQWRWKHWUXFNFDEDQGFRQQHFWLWWRWKHFRUUHVSRQGLQJSOXJLQWKHERWWRPRIWKHUHFHLYHU
3DJH$QWHQQD,QVWDOODWLRQ$OO%$6( 5)V\VWHPV FRPHZLWKD VWDQGDUGIWFRD[LDO DQWHQQDDQGÀH[LEOH H[WHUQDODQWHQQD7KHEHVWORFDWLRQIRUWKHDQWHQQDLVDV+LJKDQGWRWKH5HDURIWKHWUXFNDVSRVVLEOH7KLVZLOORIIHURSWLPXPUDQJHSHUIRUPDQFHLQFRQGLWLRQVZKHUHREVWUXFWLRQVEORFNWKH³OLQHRIVLJKW´WRWKHDQWHQQD$QWHQQDVPRXQWHGVRWKDWWKHWUXFN¶VWDQNLVORFDWHGEHWZHHQWKHRSHUDWRUDQGDQWHQQDZLOOXVXDOO\QRWSHUIRUP WR PD[LPXPUDQJH (DFK%$6( V\VWHP LV IDFWRU\WHVWHG LQ H[FHVV RI IWSULRU WRSDFNDJLQJ,QVWDOOWKHDQWHQQDPRXQWLQJEUDFNHWVXSSOLHGWRWKHUHDUJDXJHVKLHOGFOHDUDQFHOLJKWEDURUPHWHUFDELQHW)HHGWKH71&PDOHDQWHQQD¿WWLQJXSWKURXJKWKHEUDFNHWDQGVHFXUHLQSODFHZLWKWKHUHWDLQHUQXWVXSSOLHG7KUHDGWKHÀH[LEOHDQWHQQDVHFXUHO\LQWRSRVLWLRQ5RXWHWKHDQWHQQDFRD[LDOFDEOHXSWRWKHFDERIWKHWUXFNDQGFRQQHFWWKH71&IHPDOHHQGVHFXUHO\WRWKHUHFHLYHUXQLWSUHYLRXVO\LQVWDOOHG5HFKHFNDOODQWHQQDFRQQHFWLRQV1RWH&XVWRPOHQJWKDQWHQQDFDEOHVDUHDYDLODEOHRQUHTXHVWIRUDSSOLFDWLRQVVXFKDVFDERYHUDQGWDQGHPFKDVVLV
372&RQWURO &OXWFK 3LVWRQ ³7´ LQWR WKH DLU VXSSO\ OHDGLQJ IURP WKH 372 VZLWFK WR WKH WUDQVPLVVLRQPRXQWHG3725XQDóLQFKDLUOLQHIURPWKLV³7´WRWKH³LQOHW´VLGHRIWKH372DLUVROHQRLGPRXQWHGLQWKH%$6(VROHQRLGHQFORVXUH5XQDóLQFKDLUOLQHH[WHQVLRQIURPWKH³RXWOHW´VLGHRIWKH372DLUVROHQRLGEDFNWRDFOXWFKPRXQWHGDLUSLVWRQ1RWHWKDWWKHVROHQRLGDLUOLQHFRQQHFWLRQVUHTXLUHRQO\D³SXVKLQDQGWXJ´WRVHDWWKHSODVWLFDLUOLQHVLQWKHLU¿WWLQJV3XVKLQJ WKH ³372´ EXWWRQ ZLOO HQHUJL]H WKH DLU VROHQRLG FDXVLQJ WKH FOXWFK DFWXDWRU WRH[WHQGGLVHQJDJLQJWKHFOXWFKWUDQVPLVVLRQ372DQGFDUJRSXPS3UHVVLQJWKH³372´EXWWRQDVHFRQGWLPHZLOOUHOHDVHWKHFOXWFKSHGDOHQJDJLQJWKHFOXWFKWUDQVPLVVLRQ372DQGSXPS+RW6KLIW,ID³KRWVKLIW´372LVXVHGVLPSO\H[WHQGWKHH[LVWLQJ372DLUOLQHLQWRDQGRXWRIWKH372DLUVROHQRLGPRXQWHGLQWKH%$6( VROHQRLGHQFORVXUHSODFLQJWKHVROHQRLGLQOLQHZLWKWKHH[LVWLQJDLUVXSSO\WRWKH3723UHVVLQJWKH³372´EXWWRQZLOOHQHUJL]HDQGGHHQHUJL]HWKHDLUVROHQRLGYDOYHVXSSO\LQJDLUWRWKH3721RWH 8WLOL]H WKH 372 PDQXIDFWXUHV VXSSOLHG HOHFWULF VZLWFK DQG DLU VROHQRLG WR ³HQDEOH´ WKHUHPRWH372FRQWURODLUVXSSO\(OHFWULF372&RQWURO:KHUHDFKDVVLVVXSSOLHGDLUVROHQRLGLVXVHGRUDWUXHHOHFWULF372FRQWUROH[LVWV VLPSO\ FRQQHFW WKH%$6( VXSSOLHG ZLUH ODEHOHG³372´WR WKH H[LVWLQJ DLUVROHQRLGRUHOHFWULF372VZLWFK3UHVVLQJWKH³372´EXWWRQZLOOHQHUJL]HDQGGHHQHUJL]HWKLVZLUHFRQWUROOLQJWKH3721RRWKHU9VXSSO\WRWKH372VZLWFKVKRXOGEHXVHG+RVH5HHO&RQWURO$IWHUWKHVROHQRLGUHOD\HQFORVXUHKDVEHHQPRXQWHGFRQQHFWEDWWHU\DQGKRVHUHHOPRWRUOHDGVWRWKHIROORZLQJWHUPLQDOV  &RQQHFW9WUXFNEDWWHU\SRZHUWRWKHFLUFXLWEUHDNHU&RQQHFWWUXFNEDWWHU\JURXQGWR³%DWW´RQ5  &RQQHFW+RVHUHHOPRWRUOHDGWR³6WXG´RQ5&RQQHFW+RVHUHHOPRWRUOHDGWR³5HY6WXG´RQ5,IDWUXFNPRXQWHGUHZLQGEXWWRQLVWREHXVHGWKHQREWDLQSRZHUIRUWKHUHZLQGEXWWRQIURPWKHSRVLWLRQPDUNHGUHZLQGRQWKHWHUPLQDOVWULS7KLVLQWHUORFNVWKHPRWRUFRQWUROWRRQO\RQHGLUHFWLRQDWDWLPHWKURXJKWKHUHFHLYHURWKHUZLVHDGHDGVKRUWFDQEHFUHDWHGZKHQGHSUHVVLQJWKHWUDQVPLWWHUEXWWRQDQGUHZLQGEXWWRQDWWKHVDPHWLPH1RWH$GLDJUDPLVSURYLGHGZKHQWKLVIHDWXUHLVRUGHUHGVKRZLQJSURSHU UHOD\ZLULQJDQGLGHQWL¿FDWLRQ
3DJH7KURWWOH&RQWURO9ROW3RVLWLYH6ZLWFKHG/RFDWHWKHEODFNDQGZKLWHZLUHVOHDGLQJIURPWKHUHFHLYHUZLULQJKDUQHVVODEHOHG³7KURWWOH9´DQG³7KURWWOH$X[´7KHEODFN³7KURWWOH9´ZLUHSURYLGHV9ZKHQWKHWUDQVPLWWHUEXWWRQLVDFWLYDWHG&RQQHFWEODFNZLUHODEHOHG7KURWWOH9WRWKHFORVHGVLGHDQH[LVWLQJIDVWLGOHVZLWFKUHOD\DFWXDWRURU(&0FRQQHFWLRQUHTXLULQJ9ROWV3UHVVLQJWKH³7KURWWOH´EXWWRQZLOOHQHUJL]HDQGGHHQHUJL]HWKHEODFNZLUHHOHFWURQLFDOO\E\UHPRWHFRQWURO1RWH7KHZKLWH³7KURWWOH$X[´ZLUHLVRQO\XVHGRQDFRPSXWHUL]HGHQJLQHZKHUHD1HJDWLYHRU*URXQGVLJQDOLVUHTXLUHGWRVHWWKHHQJLQH(&0WRIDVWLGOH,IDQHOHFWURQLFDOO\FRQWUROOHG(&0HQJLQHLVEHLQJRXW¿WWHGSOHDVHFRQVXOWZLWKWKHHQJLQHPDQXIDFWXUHU¶VZLULQJUHTXLUHPHQWVIRUDX[LOLDU\WKURWWOHFRQWURO9ROW1HJDWLYH6ZLWFKHG)RUWKHVH³JURXQGHGWKURWWOH´DSSOLFDWLRQV%$6(V\VWHPVVKRXOGEHRUGHUHGZLWKWKHVXI¿[³&´DWWKHHQGRIWKHPRGHOQXPEHU+RRNXSDVIROORZV  &RQQHFWEODFNZLUHODEHOHG7KURWWOH12WRWKHHQJLQH(&0WKURWWOHZLULQJ  &RQQHFWZKLWHZLUHODEHOHG7KURWWOH$X[WRWKH(&0WKURWWOHZLULQJ3UHVVLQJWKH³7+5277/(´EXWWRQZLOOQRZFRQQHFWWKHWZRZLUHVHOHFWURQLFDOO\
(PHUJHQF\6WRS&RQWURO/RFDWHWKHVPDOOSDUWODEHOHG³LJQLWLRQUHOD\´,QVWDOOWKLVUHOD\HLWKHUXQGHUWKHKRRGRUXQGHUWKHGDVKZKHUHLWFDQEHHDVLO\UHDFKHG)LQGWKHHQJLQH³KRW´ZLUHZKLFKZLOOVWRSWKHHQJLQHZKHQGLVFRQQHFWHG&XWWKLVZLUHDQGVHFXUHRQHVLGHWRSLQRQWKHUHOD\DQGWKHRWKHUVLGHWRSLQ$7KHUHOD\VKRXOGQRZEHLQVHULHVZLWKWKHLJQLWLRQZLUH6HFXUHDJRRGFKDVVLVJURXQGZLUHWRSLQRQWKHLJQLWLRQUHOD\/RFDWHWKHUHGZLUHODEHOHG³LJQLWLRQ´OHDGLQJIURPWKHUHFHLYHUXQLWDQGVHFXUHLWWRSLQRQWKHLJQLWLRQUHOD\7KLVZLOO VXSSO\ 9 WR WKH UHOD\ ZKHQ WKH WUDQVPLWWHU EXWWRQ (PHUJHQF\ 6WRS LV SUHVVHGLQWHUUXSWLQJWKHWUXFNVLJQLWLRQFLUFXLW/RFDWHWKHDLUOLQHVXSSO\LQJDLUWRWKHWDQNLQWHUQDOYDOYH'LVFRQQHFWWKHDLUOLQHEHWZHHQWKHH[LVWLQJPDQXDOLQWHUQDOYDOYHDLUVZLWFKDQGWKHLQWHUQDOYDOYH5HURXWHWKHVXSSO\VLGHWRWKHLQOHWRIWKHDLUVROHQRLGXVHGWRFRQWUROWKHLQWHUQDOYDOYH5XQDQDLUOLQHIURPWKHRXWOHWVLGHRIWKHDLUVROHQRLGEDFNWRWKHWDQNLQWHUQDOYDOYH1RWH7KHDLUVROHQRLGFDQEHLQVWDOOHGHLWKHUEHIRUHRUDIWHUWKHH[LVWLQJPDQXDOLQWHUQDOYDOYHVZLWFKGHSHQGLQJRQFXVWRPHUSUHIHUHQFH,QHLWKHUFDVHWKHLQWHUQDOYDOYHZLOOFORVHZKHQWKHWUXFNLVGULYHQDZD\LIWKHRSHUDWRUIDLOVWR¿UVWFORVHWKHPDQXDOVZLWFK2SHUDWRUVVKRXOGDOZD\VFORVHWKHPDQXDOLQWHUQDOYDOYHDLUVZLWFKIROORZLQJDFWLYDWLRQRIWKH(PHUJHQF\6WRSIXQFWLRQDQGDWWKHHQGRIHDFKGHOLYHU\7KLVZLOOHQVXUHWKDWWKHYDOYHGRHVQRWUHRSHQZKHQWKHV\VWHPLVUHDUPHG
³+´6\VWHPV%ROWWKHVROHQRLGHQFORVXUHWRWKHWUXFN$IWHUWKHVROHQRLGUHOD\HQFORVXUHKDVEHHQPRXQWHGFRQQHFWEDWWHU\DQGKRVHUHHOPRWRUOHDGVWRWKHIROORZLQJWHUPLQDOV x&RQQHFW9WUXFNEDWWHU\SRZHUWRWKHFLUFXLWEUHDNHU x&RQQHFWWUXFNEDWWHU\JURXQGWR³%DWW´RQ5 x&RQQHFW+RVHUHHOPRWRUOHDGWR³6WXG´RQ5 x&RQQHFW+RVHUHHOPRWRUOHDGWR³5HY6WXG´RQ5,IDWUXFNPRXQWHGUHZLQGEXWWRQLVWREHXVHGWKHQREWDLQSRZHUIRUWKHUHZLQGEXWWRQIURPWKHSRVLWLRQPDUNHG³5HZLQG´RQWKHWHUPLQDOVWULS7KLVLQWHUORFNVWKHPRWRUFRQWUROWRRQO\RQHGLUHFWLRQDWDWLPHWKURXJKWKHUHFHLYHURWKHUZLVHDGHDGVKRUWFDQEHFUHDWHGZKHQGHSUHVVLQJWKHWUDQVPLWWHUEXWWRQDQGUHZLQGEXWWRQDWWKHVDPHWLPH1RWH $ GLDJUDP LV SURYLGHG ZKHQ WKLV IHDWXUH LV RUGHUHG VKRZLQJ SURSHU UHOD\ ZLULQJ DQGLGHQWL¿FDWLRQ³383´6\VWHPV6\VWHPVFDQEHRUGHUHGWRVXSSO\VHSDUDWHLQWHUQDOYDOYHFRQWUROVIRU7DJ$ORQJ3XSVRU7UDQVSRUW7DQNVUHTXLULQJD5DGLR5HPRWH6KXW'RZQ7KHVHXQLWVSOXJLQWRWKHFDEPRXQWHGSULPDU\XQLWWKURXJKDFRQYHQWLRQDOWUDFWRUWUDLOHUHOHFWULFDOSOXJ7UXFNHQJLQHNLOOLVPDLQWDLQHGLQWKHFDEZKLOHDQDX[LOLDU\DLUVROHQRLGHQFORVXUHLVWUDLOHUPRXQWHG3UHVVLQJWKH(PHUJHQF\6WRSEXWWRQH[KDXVWVDLUIURPDOOVROHQRLGHQFORVXUHVDQGDFWLYDWHVWKH(QJLQH.LOOUHOD\7KLVIHDWXUHPXVWEHUHTXHVWHGDWWLPHRIV\VWHPRUGHULQJ$GYLVH%$6(LIWKHXQLWLVIRUD7DJ$ORQJ3XS7UDLOHURUDFRQYHQWLRQDO7UDFWRU7UDLOHU0RXQWWKHDX[LOLDU\VROHQRLGHQFORVXUHVRDVWRKDYHDFFHVVWRWKHWUDLOHUHOHFWULFDOSOXJDQXQXVHGSLQPXVWEHXVHGDQGWKHLQWHUQDOYDOYHVDLUVXSSO\,QWHUUXSWWKHDLUVXSSO\WRWKHLQWHUQDOYDOYHDQGUHFRQQHFWLWWRWKH³LQ´'27DLUOLQH¿WWLQJRQWKHDOXPLQXPVROHQRLGHQFORVXUH5XQDQDLUOLQHIURPWKH³RXW´'27DLUOLQH¿WWLQJEDFNWRWKHLQWHUQDOYDOYH$WZHQW\IRRWZLUHKDVEHHQSURYLGHGWRUHDFKWKHWUDLOHUHOHFWULFDOSOXJ7KLVPD\EHVKRUWHQHGRUH[WHQGHGDVUHTXLUHG&RQQHFWWKLVZLUHWRDQXQXVHGSLQLQWKHPXOWLSLQWUDLOHUHOHFWULFDOSOXJ&RQQHFWWKH,Q&DEKDUQHVVZLUHODEHOHG³$X[6ROHQRLG´WRWKHFRUUHVSRQGLQJWUDFWRUHOHFWULFDOSOXJSLQ7KHWUDLOHUXQLWLQVWDOODWLRQLVQRZFRPSOHWH3DJH
6\VWHP7HVWLQJ7KHV\VWHPLVQRZLQVWDOOHGDQGUHDG\WRWHVWDVIROORZV6WDUWWKHWUXFNDQGDOORZDLUSUHVVXUHYDFXXPWREXLOGXS$FWLYDWHSRZHUWRWKHXQLWWKURXJKWKHVZLWFKHGSRZHUVXSSO\0DNHVXUHWKHWUXFNVLQWHUQDOYDOYHLVRSHQXVLQJWKHPDQXDOFRQWURO &KHFN WKH RSHUDWLRQ RI 3727+5277/( DQG +26( 5((/ IXQFWLRQV LI DSSOLFDEOH %HFDUHIXOZKHQWHVWLQJKRVHUHHORSHUDWLRQVPDNLQJFHUWDLQWKHUHPRWHFRQWUROZLQGVWKHKRVVUHHOLQWKHGHVLUHGGLUHFWLRQ 3UHVV WKH WUDQVPLWWHU ³VWRS´ EXWWRQ DQG \RX VKRXOG KHDU WKH LQWHUQDO YDOYH FORVH DV WKHWUXFN¶VHQJLQHVWRSV7XUQLQJWKHWUXFNLJQLWLRQDOOWKHZD\RIIEHIRUHUHVWDUWZLOOUHDUPWKHV\VWHPDQGUHHQDEOHWKHWDQNLQWHUQDOYDOYH1RWH7KHWUDQVPLWWHUFDQQRWEHXVHGWRUHRSHQWKHWDQNLQWHUQDOYDOYH7KLVKDVEHHQGHVLJQHGLQWRWKHV\VWHPVRIWZDUHWRSUHYHQWDFFLGHQWDOUHRSHQLQJLQDSDQLFVLWXDWLRQ3UHVVLQJWKHWUDQVPLWWHUUHSHDWHGO\ZLOOVHQGWKHVDPH³VWRS´PHVVDJH%DWWHU\7HVWLQJDQG5HSODFHPHQW7UDQVPLWWHU EDWWHU\ OLIH ZLOO YDU\ GHSHQGLQJ RQ XVDJH %DWWHU\ UHSODFHPHQW LV UHTXLUHG ZKHQWKH WUDQVPLWWHU ORZ EDWWHU\ LQGLFDWRU /(' FRQWLQXDOO\ ÀDVKHV ZKLOH SUHVVLQJ DQG KROGLQJ WKHWUDQVPLWWHUEXWWRQGRZQ7KHWUDQVPLWWHUPLFURSURFHVVRUZDWFKHVWKHEDWWHU\YROWDJHDQGWULSVWKH/('ORFDWHGDWWKHWRSRIWKHWUDQVPLWWHUZKHQWKHYROWDJHIDOOVEHORZDSUHVHWYDOXH7KLVLVVHWWRKDSSHQZHOOLQDGYDQFHRIEDWWHU\IDLOXUHEXWUHSODFHPHQWVKRXOGEHDSULRULW\1RWH$ORZEDWWHU\WHVWDORQJZLWKDFRPSOHWHV\VWHPVKXWGRZQWHVWLVUHFRPPHQGHGDVSDUWRIDGDLO\YHKLFOHSUHFKHFNSURFHGXUH
3DJH6\VWHP7URXEOHVKRRWLQJ/LWWOHV\VWHPPDLQWHQDQFHLVUHTXLUHG&DUHVKRXOGEHWDNHQWRSURYLGHFOHDQDLUWRWKHV\VWHPWKURXJKUHJXODUDLUWDQNGUDLQLQJDQGFRPSUHVVRUPDLQWHQDQFH+HDY\GXW\WUXFNDQGLQGXVWULDO*UDGHFRPSRQHQWVKDYHEHHQXVHGWKURXJKRXWWKH%$6(V\VWHPWRSURYLGHPD[LPXPRSHUDWLQJOLIH ,Q WKH XQOLNHO\ HYHQW RI D FRPSRQHQW IDLOXUH SHUIRUP WKH IROORZLQJ VWHSV ZLWK WKH V\VWHPHQHUJL]HG &KHFN WUDQVPLWWHU EDWWHU\ FRQGLWLRQ 7KH WUDQVPLWWHU /(' VKRXOG ÀDVK RQO\ IRU D EULHILQVWDQWGXULQJWKHSXVKLQJRIWKHVWRSEXWWRQ(QVXUHWKDWWKHUHFHLYHU³SRZHURQ´/('ÀDVKHVEULHÀ\ZKHQSRZHULVVZLWFKHGWRWKHV\VWHP7KLV/('LVORFDWHGLQWKHXSSHUULJKWRIWKHUHFHLYHUFRYHU,IWKLVLQGLFDWRUODPSIDLOVWREOLQNZKHQWKHV\VWHPLVHQHUJL]HGWKHXQLWKDVORVWLWVSRZHURUJURXQG5HPRYHWKHFODPSVIURPWKHDOXPLQXPVROHQRLGYDOYHHQFORVXUHLIHTXLSSHGDQGPRYHWKHFRYHUWRRQHVLGH&KHFNDOOWHUPLQDOEORFNVFUHZVVROGHUHGFRQQHFWLRQVDQGJURXQGOXJFRQQHFWLRQVIRUWLJKWQHVV8VLQJDWHVWODPSRUPXOWLPHWHUFKHFNUHGZLUHVDQGWHUPLQDOFRQQHFWLRQVIRU9SRZHUDQGWKHEODFNZLUHVDQGWHUPLQDOFRQQHFWLRQVIRUJURXQG7KHDLUVROHQRLGYDOYHVVKRXOGPDNHDQDXGLEOH³FOLFN´ZKHQ9LVDSSOLHGDQGUHPRYHGIURPWKHSRVLWLYHFRQQHFWLRQ$QRKPPHWHUSODFHGDFURVVSLQQXPEHUVDQG$RQWKHLJQLWLRQUHOD\VKRXOGLQGLFDWHUHVLVWDQFHXQWLOWKHWUDQVPLWWHUVWRSEXWWRQLVSUHVVHG,IWKHUHOD\LVZRUNLQJSURSHUO\WKHUHOD\FRQWDFWZLOO³EUHDN´WKHLJQLWLRQFLUFXLWZKHQWKHWUDQVPLWWHULVXVHG%H\RQGWKHVHEDVLFZLULQJFKHFNVLWPD\EHPXFKPRUHSURGXFWLYHWRVLPSO\XQSOXJWKHV\VWHPDQG UHSODFH WKH XQLW 'LVFRQQHFW WKH TXLFN FRQQHFW SOXJV DW WKH EDVH RI WKH UHFHLYHU WKHQGLVFRQQHFW WKH DQWHQQD ORFDWHG DW WKH WRS RI WKH XQLW &RQWDFW \RXU QHDUHVW GLVWULEXWRU RU WKHIDFWRU\DWIRULPPHGLDWHVKLSPHQWRIDUHSODFHPHQWXQLW5HWXUQWKHLQRSHUDWLYHXQLWWRWKHGLVWULEXWRURUIDFWRU\IRUHYDOXDWLRQDQGUHSDLU
3URJUDPPLQJDQG6HW8S2SWLRQV6WDQGDUG2SHUDWLQJ0RGHV(DFKFKDQQHORIWKHUHFHLYHUFDQEHSURJUDPPHGWRRSHUDWHLQRQHRIVL[VWDQGDUGPRGHV0RPHQWDU\/DWFKHG6DIHW\/DWFKHG4XHU\%RRP(QDEOH1RWH6\VWHPVRUGHUHGZLWK´48(5<´RU³'(/$<´SURJUDPPLQJRSWLRQVDUHSUHZLUHGDQGSUHSURJUDPPHGE\WKHIDFWRU\DQGDUHFKDQQHOVSHFL¿F0RPHQWDU\$FKDQQHOSURJUDPPHGIRU0RPHQWDU\LVDFWLYDWHG21/<ZKHQWKHFRUUHVSRQGLQJWUDQVPLWWHUEXWWRQ LV GHSUHVVHG  7KLV RSHUDWLRQ LV VLPLODU WR DPRPHQWDU\ SXVKEXWWRQ SXVK WR DFWLYDWHUHOHDVHWRGHDFWLYDWH/DWFKHG$ FKDQQHO SURJUDPPHG IRU /DWFKHG LV FKDQJHG IURP GHDFWLYDWHG WR DFWLYDWHG ZKHQ WKHFRUUHVSRQGLQJ EXWWRQ LV SUHVVHG RQ WKH WUDQVPLWWHU  2QFH WKH WUDQVPLWWHU EXWWRQ LV UHOHDVHGWKHFKDQQHOUHPDLQVDFWLYDWHGRQWKHUHFHLYHU3UHVVLQJWKHEXWWRQDVHFRQGWLPHDQGUHOHDVLQJLW RQ WKH WUDQVPLWWHU FDXVHV WKH UHFHLYHU FKDQQHO WR FKDQJH IURP DFWLYDWHG WR GHDFWLYDWHG7KLV RSHUDWLRQ LV VLPLODU WR D SXVKRQ SXVK RII VZLWFK  3XVK RQFH WR DFWLYDWH SXVK DJDLQ WRGHDFWLYDWH6DIHW\/DWFKHG$FKDQQHOSURJUDPPHGIRU6DIHW\/DWFKHGLVFKDQJHGIURPGHDFWLYDWHGWRDFWLYDWHGZKHQWKH³(PHUJHQF\6WRS´EXWWRQRQWKHWUDQVPLWWHULVSUHVVHG3UHVVLQJWKHEXWWRQRQWKHWUDQVPLWWHUUHSHDWHGO\ZLOOKDYHQRHIIHFW±WKLVFKDQQHORQWKHUHFHLYHUZLOOUHPDLQ³ODWFKHG´7KHRQO\ZD\WR³UHVHW´DFKDQQHOSURJUDPPHGIRUVDIHW\ODWFKHGLVWRF\FOHWKHV\VWHPSRZHURIIDQGRQ7KLVLVXVXDOO\GRQHZLWKWKHWUXFNVLJQLWLRQNH\4XHU\$FKDQQHOSURJUDPPHGIRU4XHU\LVXVHGWRVWRSWKHGHOLYHU\RSHUDWLRQLIWKHRSHUDWRUIDLOVWR³WHOO´WKHWUXFNWKDWKHLVSD\LQJDWWHQWLRQ2QFHWKHGHOLYHU\RSHUDWLRQEHJLQVWKHRSHUDWRUPXVWSUHVVWKHWUDQVPLWWHU³48(5<´EXWWRQZLWKLQPLQXWHVWRNHHSWKH WUXFN SXPSLQJ 3UHVVLQJ WKLV EXWWRQ UHVWDUWV WKH PLQXWH V\VWHP WLPHU)DLOXUHWRSUHVVWKLVEXWWRQZLOOUHVXOWLQDQDXGLEOHVHFRQGZDUQLQJWKURXJKWKHWUXFNVEDFNXSDODUPSULRUWR VKXW GRZQ3UHVVLQJWKH³48(5<´EXWWRQZLOO VWRS WKH DODUP DQG UHVWDUW WKH WLPHU )DLOXUH WR SUHVV WKH EXWWRQ GXULQJWKH DODUP ZDUQLQJ ZLOO FDXVH WKH (PHUJHQF\ 6WRS IXQFWLRQ WR DXWRPDWLFDOO\DFWLYDWH7KLV IHDWXUHLVSUHSURJUDPPHG E\WKHIDFWRU\ DQG UHTXLUHVDZLUHFRQQHFWLRQEHPDGHWRWKHWUXFNVEDFNXSDODUP$ZLULQJGLDJUDPLVSURYLGHGZKHQWKLVIHDWXUHLVRUGHUHG7KHVXI¿[³4´DIWHUWKHPRGHOQXPEHUVLJQL¿HVD4XHU\IXQFWLRQ
%RRP$FKDQQHOSURJUDPPHGIRU%RRPDOORZVWKHRSHUDWLRQRIYDULRXVERRPFRQWUROVVXFKDVXSGRZQOHIWULJKWHWF,QDGGLWLRQWKLVIXQFWLRQKDVDWKUHHVSHHGFRQWURODOORZLQJWKHRSHUDWRUWRPRYHWKHERRPDWDVORZPHGLXPDQGKLJKVSHHG(QDEOH7KLVIHDWXUHZKLFKDSSOLHVWRFKDQQHORQO\LVDVDIHW\IXQFWLRQZKLFKLVPDQGDWRU\LIDQ\RIWKH¿UVWVL[FKDQQHOVDUHSURJUDPPHGIRU%RRPIXQFWLRQV7KLVUHTXLUHVWKHRSHUDWRUWRSUHVVWKH(QDEOHEXWWRQSULRUWRRSHUDWLQJDQ\RIWKH%RRPFRQWUROVWRHQVXUHWKDWWKHLQWHQGHGRSHUDWLRQLVFOHDUDQGVDIH1RWHWKDWWKHUHLVQRUHOD\RXWSXWVZKHQFKDQQHOLVSURJUDPPHGDV(QDEOH1RWH 7KH NH\SRZHU PXVW EH WXUQHG FRPSOHWHO\ RII WR DOORZ UHVHW 7KLV IHDWXUH SUHYHQWVXQGHVLUHG UHRSHQLQJ RI YDOYHV LQ WKH HYHQW RI D SDQLF VLWXDWLRQ ZKHUH WKH WUDQVPLWWHU LVUHSHDWHGO\SUHVVHG3DJH
5HSURJUDPPLQJRU&KDQJLQJ&KDQQHO2SHUDWLRQ0RGHV(DFKFKDQQHOFDQEHLQGLYLGXDOO\VHWWRRSHUDWHLQRQHRIWKHVL[PRGHVGHVFULEHGHDUOLHU7KHSURJUDPPLQJRSHUDWLRQLQYROYHVUHPRYLQJWKHFRYHURQWKHUHFHLYHUXQLWDQGSUHVVLQJDVHWXSEXWWRQRQWKHLQWHUQDOFLUFXLWERDUGVHYHUDOWLPHVZKLOHZDWFKLQJWKHUHGOHGLQGLFDWRU1RWH&KDQQHOQXPEHUVUXQIURPWRSWRERWWRPRQWKHWUDQVPLWWHUXQLWDQGIURPORZHUULJKWWRORZHUOHIWRQWKHUHFHLYHUXQLW 2QHWR)RXU&KDQQHO6\VWHP )LYHWR(LJKW&KDQQHO6\VWHP6WHSVWRSURJUDPHDFKFKDQQHO7XUQSRZHURIIWRWKHUHFHLYHUXQLW5HPRYHWKHFRYHURIWKHUHFHLYHUXQLWDQGORFDWHWKHVHWXSSXVKEXWWRQRQWKHLQWHUQDOFLUFXLWERDUGDVZHOODVWKHLQGLFDWRU/('EHVLGHLW7KLVEXWWRQLVXVHGWRSURJUDPDOOLQWHUQDOVHWWLQJVLQWKHUHFHLYHU
7XUQSRZHURQWRWKHUHFHLYHUXQLW±ZDWFKWKDWWKHLQGLFDWRUOHGEOLQNVRQFH±WKLVLQGLFDWHVWKDWWKHUHFHLYHULVIXQFWLRQLQJSURSHUO\2QFH\RXKDYHVWDUWHGWKHSURJUDPPLQJRSHUDWLRQLI\RXORVHWUDFNRI\RXUSODFHLQWKHVHTXHQFHWXUQWKHSRZHURIIDQGWKHQRQDJDLQWRVWDUWWKHRSHUDWLRQRYHU3UHVVWKHVHWXSEXWWRQWLPHVLQDURZ±TXLWHTXLFNO\±DERXWWLPHVDVHFRQG2QFHWKHEXWWRQKDVEHHQSUHVVHG9HULI\WKH/('LQGLFDWRUEOLQNVWLPHV7KHUHFHLYHULVQRZLQ³OHDUQLQJPRGH´2QFHWKHOHGKDVEOLQNHGWLPHVWKHUHFHLYHUXQLWLVZDLWLQJIRUWKH³FKDQQHOQXPEHU´3UHVVWKHEXWWRQWKHQXPEHURIWLPHVFRUUHVSRQGLQJWRWKHFKDQQHO\RXZLVKWRVHW)RUH[DPSOHRQHSUHVVIRUFKDQQHOWZRSUHVVHVIRUFKDQQHO7KHOHGZLOOEOLQNWKHQXPEHURIWLPHVWRYHULI\WKDW\RXKDYHVHOHFWHGWKHFRUUHFWFKDQQHO,I\RXKDYHQRWVHOHFWHGWKHSURSHUFKDQQHORUORVHWUDFNRIKRZPDQ\WLPHV\RXKDYHSUHVVHG WKH EXWWRQ WXUQ WKH SRZHU RII DQG WKHQ RQ DJDLQ DQG VWDUW IURP WKH ¿UVW VWHSDERYH1RZWKDWWKHFKDQQHOKDVEHHQVHOHFWHGWKH³RSHUDWLQJPRGH´IRUWKLVFKDQQHOPXVWEHVHW3UHVVWKHEXWWRQWKHQXPEHURIWLPHVEHORZIRUWKHPRGHRIRSHUDWLRQGHVLUHGIRUWKHFKDQQHO±VHHHOVHZKHUHLQWKHPDQXDOIRUDGHVFULSWLRQRIWKHVHPRGHVRIRSHUDWLRQ 3UHVV  &KDQQHOZLOOEHPRPHQWDU\RSHUDWLRQ 3UHVVHV  &KDQQHOZLOOEHODWFKHGRSHUDWLRQ 3UHVVHV  &KDQQHOZLOOEHVDIHW\ODWFKHGRSHUDWLRQ 3UHVVHV  &KDQQHOZLOOEHTXHU\RSHUDWLRQ 3UHVVHV  &KDQQHOZLOOEHERRPRSHUDWLRQ 3UHVVHV  &KDQQHOZLOOEHHQDEOHRSHUDWLRQ7KHOHGZLOOEOLQNWKHQXPEHURIWLPHV\RXKDYHSUHVVHGWKHEXWWRQDQGWKHQZLOOJRRXW7KHSURJUDPPLQJRIWKHFKDQQHORSHUDWLRQPRGHLVQRZFRPSOHWH1RWH3URJUDPPHGVHWWLQJVDUHQRWORVWZKHQWKHSRZHULVWXUQHGRIIWRWKHXQLWDQGZLOOEHDFWLYHWKHQH[WWLPHWKHUHFHLYHULVSRZHUHGXSDJDLQ&OHDULQJ$OO3URJUDPPHG6HWWLQJVWR0RPHQWDU\6HWWLQJV7RFOHDU DOO SURJUDPPHGVHWWLQJV LQ WKH UHFHLYHU WR WKH GHIDXOWPRPHQWDU\ YDOXHV SURFHHG DVIROORZV:KLOHSUHVVLQJDQGKROGLQJWKHEXWWRQGRZQWXUQWKHSRZHUWRWKHUHFHLYHUXQLWRQ:DLWXQWLOWKHUHG/('RQWKHFLUFXLWERDUGEOLQNVWLPHVDQGWKHQUHOHDVHWKHEXWWRQ7KHUHFHLYHUVHWWLQJVKDYHQRZEHHQHUDVHGDQGUHSODFHGZLWKWKHIDFWRU\YDOXHV3DJH
,'&RGHV7KHUHDUHQRVZLWFKHVLQHLWKHUWKHUHFHLYHURUWUDQVPLWWHUXQLWVWKDWDUHXVHGWRVHWDQ³,'´FRGHEHWZHHQ WKH SDLU $OO WUDQVPLWWHUV KDYH D XQLTXH VLJQDWXUH FRGH RI ,' WKDW LV IDFWRU\ VHW DQGFDQQRWEHFKDQJHG,QRUGHUIRUDWUDQVPLWWHUWRRSHUDWHDUHFHLYHUWKHUHFHLYHUKDVWR³OHDUQ´WKHSURSHUFRGHRIWKHWUDQVPLWWHU,WLVDOVRSRVVLEOHWRFOHDUWKH,'FRGHLQWKHUHFHLYHUVRWKDWDQ\WUDQVPLWWHUZLOORSHUDWHWKHUHFHLYHU7HDFKLQJWKH5HFHLYHUDQHZ7UDQVPLWWHU,'&RGH(DFKWUDQVPLWWHUXQLWFRQWDLQVDXQLTXHVHULDOQXPEHURU³,'&RGH´WKDWLVVHWDWWKHIDFWRU\DQGFDQQRWEHDOWHUHGLQWKH¿HOG,QRUGHUWKDWDWUDQVPLWWHUFDQRSHUDWHDSDUWLFXODUUHFHLYHUXQLWWKHUHFHLYHUXQLWPXVW¿UVW³OHDUQ´WKHWUDQVPLWWHU¶V,'&RGHVRWKDWLWZLOOUHVSRQGWRFRPPDQGVIURPWKDWWUDQVPLWWHU$OOFRPSOHWH%$6(V\VWHPVDUHIDFWRU\³SDLUHG´SULRUWRVKLSSLQJ,IDWUDQVPLWWHULVXVHGWKDWKDVQRWEHHQ³OHDUQHG´E\WKHUHFHLYHUWKHUHFHLYHUZLOOQRWIXQFWLRQZLWK WKDW WUDQVPLWWHU  7R WHDFK D UHFHLYHU WKH QHZ ,' FRGH RI D WUDQVPLWWHU IROORZ WKH VWHSVEHORZ7XUQSRZHURIIWRWKHUHFHLYHU5HPRYH WKH FRYHURI WKHUHFHLYHUXQLW DQGORFDWHWKH VHWXSSXVKEXWWRQ RQ WKHLQWHUQDOFLUFXLWERDUGDVZHOODVWKHLQGLFDWRUOHG'EHVLGHLW7KLVEXWWRQLVXVHGWRSURJUDPDOOLQWHUQDOVHWWLQJVLQWKHUHFHLYHU7XUQSRZHURQWRWKHUHFHLYHU±ZDWFKWKDWWKHLQGLFDWRUOHGEOLQNVRQFH±WKLVLQGLFDWHVWKDWWKHUHFHLYHULVIXQFWLRQLQJSURSHUO\3UHVVWKHVHWXSEXWWRQWLPHVLQDURZ±TXLWHTXLFNO\±DERXWWLPHVDVHFRQG2QFHWKHEXWWRQKDVEHHQSUHVVHGWLPHVLQDURZ±ZDWFKWKHOHGLQGLFDWRU,WVKRXOGEOLQNWLPHVWRLQGLFDWHLWLVQRZZDLWLQJIRUDWUDQVPLWWHUWROHDUQ7DNHWKHUHSODFHPHQWWUDQVPLWWHUWKDWLVWREHXVHGZLWKWKLVUHFHLYHUDQGSUHVVDQ\EXWWRQRQLWIRUVHFRQGVRUPRUH7KLVFRPSOHWHVWKHOHDUQLQJSURFHVV7KH,'RIWKLVWUDQVPLWWHULVVWRUHGLQPHPRU\LQWKHUHFHLYHUDQGZLOOQRWEHORVWZKHQWKHSRZHULVWXUQHG RII7KHDERYHSURFHVVFDQEHUHSHDWHGZKHQHYHUDQHZRUGLIIHUHQWWUDQVPLWWHULVWREHXVHGZLWKWKHUHFHLYHU2QO\RQHWUDQVPLWWHUDWDWLPHFDQEHXVHGZLWKWKHUHFHLYHU
&OHDULQJ,'6HWWLQJ,Q5HFHLYHU2QFHWKHUHFHLYHUKDVOHDUQHGWKHWUDQVPLWWHULWZLOOQRWRSHUDWHZLWKDQ\RWKHUWUDQVPLWWHUV,WLVSRVVLEOHWRVHWWKHUHFHLYHUWRUHFRJQL]H$//WUDQVPLWWHUVE\FOHDULQJWKH,'VHWWLQJVWKDWKDVEHHQSURJUDPPHGLQWRLW7RFOHDUWKH,'VHWWLQJLQWKHUHFHLYHU7XUQSRZHURIIWRWKHUHFHLYHU5HPRYH WKH FRYHURI WKH UHFHLYHU XQLW DQGORFDWH WKH VHWXSSXVKEXWWRQ RQ WKHLQWHUQDOFLUFXLWERDUGDVZHOODVWKHLQGLFDWRUOHG'EHVLGHLW7KLVEXWWRQLVXVHGWRSURJUDPDOOLQWHUQDOVHWWLQJVLQWKHUHFHLYHU7XUQWKHSRZHURQWRWKHUHFHLYHU±ZDWFKWKDWWKHLQGLFDWRUOHGEOLQNVRQFHWKLVLQGLFDWHVWKDWWKHUHFHLYHULVIXQFWLRQLQJSURSHUO\3UHVVWKHVHWXSSXVKEXWWRQWLPHVLQDURZ±QRWWRRVORZ±DERXWWLPHVDVHFRQG2QFHWKHEXWWRQKDVEHHQSUHVVHGWLPHVLQDURZ±ZDWFKWKHOHGLQGLFDWRU,WVKRXOGEOLQNWLPHVWRFRQ¿UPWKDWLWLVFOHDULQJWKH,'LQPHPRU\7KLVFRPSOHWHVWKHFOHDULQJ,'SURFHVV±DOOWUDQVPLWWHUVZLOOQRZRSHUDWHWKLVUHFHLYHU'HIDXOW6HWWLQJV2QHWRFKDQQHO6\VWHPV  )LYHWRFKDQQHO6\VWHPV&KDQQHO 0RPHQWDU\   &KDQQHO %RRP&KDQQHO 0RPHQWDU\   &KDQQHO %RRP&KDQQHO0RPHQWDU\   &KDQQHO %RRP&KDQQHO0RPHQWDU\   &KDQQHO %RRP&KDQQHO 0RPHQWDU\&KDQQHO 0RPHQWDU\&KDQQHO (QDEOH&KDQQHO 6DIHW\/DWFKHG,'$OOWUDQVPLWWHUVZLOORSHUDWHWKLVUHFHLYHU3URJUDPPLQJ2SHUDWLRQ6XPPDU\/HDUQ1HZ7UDQVPLWWHU,'3XVK;:DLWEOLQNV3UHVV7UDQVPLWWHUIRU6HFRQGV&OHDU,'6HWWLQJ3XVK;:DLWEOLQNV5HFHLYHU$FFHSWV$OO7UDQVPLWWHUV6HW&KDQQHO2SHUDWLRQ0RGH3XVK;:DLW%OLQNV3XVK&KDQQHO:DLW%OLQNV3XVK0RGH:DLW%OLQNV0RGH 0RPHQWDU\0RGH /DWFKHG0RGH 6DIHW\/DWFKHG0RGH 4XHU\0RGH %RRP0RGH (QDEOH5HVHW7R)DFWRU\6HWWLQJV7XUQ3RZHU2II3UHVV+ROG/HDUQ%XWWRQ7XUQ3RZHU2Q:DLWEOLQNV5HOHDVH/HDUQ%XWWRQ,' LVQRZ&OHDUHG&KDQQHOVWKURXJKDUHQRZ0RPHQWDU\3DJH
5HFHLYHU8QLW(OHFWULFDO&RQQHFWLRQ'HWDLOV&KDQQHO2XWSXW'HVFULSWLRQ(DFKFKDQQHORXWSXWLVDGU\UHOD\FRQWDFWFDSDEOHRIDPSVPD[LPXP7KHUHFRPPHQGHGPD[LPXPVWHDG\VWDWHFXUUHQWIRUHDFKFKDQQHORXWSRVWLVDPSV&RQQHFWLRQVSURYLGHGWRWKHUHOD\RQDWKUHHSRVLWLRQWHUPLQDOEORFNIRUHDFKRIWKHIRXUFKDQQHOV2QHFRQQHFWLRQLVWKHFRPPRQWHUPLQDOWKHRWKHUWZRDUHQRUPDOO\FORVHGDQGQRUPDOO\RSHQ±WKHVHDUHLQGLFDWHGRQWKHFLUFXLWERDUGEHVLGHHDFKWHUPLQDOEORFN1RWH7KHPD[LPXPFXPXODWLYHORDGRIDOOFKDQQHOVLVDPSV&KDQQHO)XVLQJ(DFKUHOD\RXWSXWFKDQQHOKDVDIXVHSRVLWLRQIRUDVWDQGDUG³DXWRIXVH´WREHLQVHUWHG3URYLGHDIXVHIRUHDFKFKDQQHOEDVHGRQWKHFXUUHQWH[SHFWHGWRRSHUDWHWKHGHYLVHFRQQHFWHGWRWKHUHOD\EXW±'2127(;&(('$03V21$1<&+$11(/5HFHLYHU3RZHU6XSSO\7KH SRZHU VXSSO\ FRQQHFWLRQV DUH SURYLGHG RQ D WZR SRVLWLRQ WHUPLQDO EORFN VKRZQ LQ WKHGLDJUDP  1RWH  DQG *1' FDUHIXOO\ ± D SRZHU VXSSO\ VZLWFK LI UHTXLUHG PXVW EH SURYLGHGH[WHUQDOIURPWKHUHFHLYHUXQLW5HFHLYHU3RZHU6XSSO\)XVLQJ$ VWDQGDUG ³DXWRIXVH´ IXVH LV ORFDWHG RQ WKH FLUFXLW ERDUG IRU WKH SRZHU WKDW LV URXWHG WR WKHHOHFWURQLFVSRZHUWKURXJKWKHUHOD\VLVIXVHGVHSDUDWHO\±VHHHDUOLHUGHVFULSWLRQ7KLVIXVHLVWREH$PS±'2127(;&(('7+,69$/8(2))86()257+(32:(56833/<
,QIRUPDWLRQRQ)XVHV)XVHVXVHGLQWKHUHFHLYHUDUH VWDQGDUG ³$XWR)XVH´W\SHFRPPRQO\DYDLODEOHDWPDQ\ DXWRWUXFNVXSSO\FHQWHUV([DPSOH 0DQXIDFWXUHU/LWWOHIXVH  7\SH  /RZ9ROWDJH$XWRIXVH)XVH)DVW$FWLQJ7\SH$72([DPSOH31 7\SH)XVH±$PS5DWLQJ)XVH6L]HV7KHUHDUHXSWR¿YHIXVHVRFNHWVRQWKHUHFHLYHUFLUFXLWERDUG±RQHIRUHDFKRIWKHRXWSXWFLUFXLWVRIWKHUHOD\VSOXVRQHVRFNHWIRUWKHIXVHWKDWSURWHFWVWKHHOHFWURQLFFLUFXLWV(OHFWURQLF&LUFXLWVRQ5HFHLYHU&LUFXLW%RDUG  $035HOD\2XWSXW&LUFXLWV&RQQHFWHGWR([WHUQDO(TXLSPHQW $PS0D[LPXP1RWH7KHVL]HRIIXVHWKDWZLOOEHXVHGLQWKHVHGHSHQGVRQZKDWLVEHLQJFRQWUROOHGE\WKHUHOD\FRQWDFWV8QGHU12FLUFXPVWDQFHV(;&(('$0363(55(/$<&217$&7&,5&8,7)RUFRPSOHWHIDFWRU\WHFKQLFDOVXSSRUWFDOO3DJH
9ROW3RZHU6XSSO\2SWLRQV3UHVVXUH6ZLWFK,QVWDOODWLRQ7KHSUHIHUUHGPHWKRGRI³DUPLQJ´D%$6(V\VWHPLVWKURXJKDQRUPDOO\FORVHG³ORZDLU´SUHVVXUHVZLWFKLQVWDOOHG LQ WKH 3DUN %UDNHDLU H[KDXVWOLQH7KLV LVWKH SODVWLF WXELQJFRQQHFWHG WRWKHGDVKPRXQWHGSDUNLQJEUDNH³3XOO´VZLWFK3XOOLQJWKHVZLWFKZLOOH[KDXVWDLUWRWKHVSULQJEUDNHVZKLOHVZLWFKLQJ9SRZHUWRWKH%$6(V\VWHP5XQDNH\HGDQGIXVHGYROWDPSVXSSO\WRRQHWHUPLQDORQWKHSUHVVXUHVZLWFK&RQQHFWWKH³93RZHU´ZLUHIURPWKH%$6(V\VWHPWRWKHRWKHUWHUPLQDO1&7KLVPHWKRGHQVXUHVWKDWWKHV\VWHPLVQRWDUPHGZKLOHWKHWUXFNLVLQPRWLRQ372RU3DUN%UDNH*URXQG$FWLYDWLRQ7UXFNVZLWKRUZLWKRXWDLUEUDNHVFDQXVHDQDOWHUQDWLYHPHWKRGWRVDIHO\³DUP´D%$6(V\VWHP8VLQJDFRPPRQSLQUHOD\VLPLODUWRDQ,JQLWLRQ5HOD\DQHJDWLYHRUJURXQGFRQQHFWLRQWRWKH372RU3DUN%UDNHLQGLFDWRUODPSLVXVHGWRDFWLYDWHWKHUHOD\&RQQHFWDNH\HGDQGIXVHG9SRVLWLYH VXSSO\ WR SLQ  RQ WKH UHOD\ 0DNH D MXPSHU ZLUH IURP SLQ  WR SLQ  RI WKH UHOD\&RQQHFWWKH³93RZHU´ZLUHIURPWKH%$6(V\VWHPWRSLQRQWKHUHOD\&RQQHFW\RXUJURXQGZLUHIURPWKH372RU3DUN%UDNHLQGLFDWRUODPSWRSLQRQWKHUHOD\(QJDJLQJWKH372RU3DUN%UDNHZLOOQRZVXSSO\DJURXQGWRWKHUHOD\³DUPLQJ´WKH%$6(V\VWHP3OHDVHUHIHUWRGUDZLQJQXPEHUIRUDGGLWLRQDOLQIRUPDWLRQ1RWH7KHFKDVVLVJURXQGZLUHLQFOXGHGLQWKH%$6(V\VWHPVKRXOGDOZD\VEHVHFXUHO\JURXQGHGWRWKHFKDVVLV8VLQJWKLVZLUHWRVZLWFKWKH%$6(V\VWHP21DQG2))ZLOOQRWZRUNDVWKHV\VWHP¶VDOXPLQXPHQFORVXUHDQGDQWHQQDPD\DOVRVXSSO\DJURXQGWXUQLQJWKHV\VWHP21ZKHQQRWUHTXLUHG
3DJH6SHFLDO)XQFWLRQ,QVWDOODWLRQ3URFHGXUH7LPH'HOD\7KH7LPH'HOD\RSWLRQRQWKHFKDQQHOV\VWHPVDOORZVIRUDSURJUDPPDEOHWLPHGHOD\EHWZHHQWKHSUHVVLQJRIWKHFKDQQHOWUDQVPLWWHUEXWWRQDQGWKHDFWLYDWLRQRIWKHFKDQQHOUHOD\RXWSXW$FRPPRQDSSOLFDWLRQRIWKLVIHDWXUHLVZKHQDWLPHGHOD\LVUHTXLUHGEHWZHHQWKHRSHQLQJRIWKHLQWHUQDOYDOYHDQGWKHHQJDJHPHQWRIWKH3727KH7LPH'HOD\IHDWXUHLVSURJUDPPDEOHIRUGHOD\WLPHVRIWRVHFRQGV3OHDVHQRWHWKDWWKLVIHDWXUHPXVWEHVSHFL¿HGDWWKHWLPHWKHV\VWHPLVSXUFKDVHG7R3URJUDPD%$6(6\VWHPIRU7LPH'HOD\2SHUDWLRQ3UHVVWKH³VHWXS´EXWWRQRQWKHUHFHLYHUWLPHVDQGZDLWIRUWKHÀDVKHVRI/HG' 3UHVV WKH ³VHWXS´ EXWWRQ WKH QXPEHU RI WLPHV FRUUHVSRQGLQJ WR WKH GHVLUHG QXPEHU RIVHFRQGVRIGHOD\LHSUHVVHVIRUVHFRQGVGHOD\
5DGLR5HPRWH&RQWUROV6SHFLDO)HDWXUH2SHUDWLRQ4XHU\0RGH2SHUDWLRQ4XHU\0RGHRIRSHUDWLRQUHTXLUHVWKDWWKHRSHUDWRUSUHVVWKHDSSURSULDWHWUDQVPLWWHUEXWWRQRQDUHJXODUEDVLVWRUHLQLWLDOL]HWKHLQWHUQDO%$6(V\VWHPWLPHUWKXVSUHYHQWLQJDWLPHRXWFRQGLWLRQDQGWKHDVVRFLDWHGFKDQQHODFWLYDWLRQ7KHUHDUHWZRW\SHVRITXHU\PRGHV%DVLFDQG4XHU\ZLWK(QDEOH&KDQQHO%DVLF4XHU\2SHUDWLRQ'XULQJQRUPDORSHUDWLRQLIWKHUHFHLYHUXQLWGRHVQRWUHFHLYHDWUDQVPLVVLRQIURPWKHFRUUHVSRQGLQJEXWWRQRQWKHKDQGKHOGWUDQVPLWWHUIRUPLQXWHVWKHTXHU\FKDQQHOZLOOEHDFWLYDWHG7KHWLPLQJIRUWKHTXHU\EHJLQVDVVRRQDVWKHSRZHULVDSSOLHGWRWKH%$6(UHFHLYHUZKLFKLVQRUPDOO\ZKHQWKHSDUNEUDNHLVVHW3UHVVLQJWKHEXWWRQRQWKHWUDQVPLWWHUDIWHUWKHV\VWHPKDVWLPHGRXWZLOOKDYHQRHIIHFW7RFOHDUWKHDFWLYDWHGFKDQQHOWKHRSHUDWRUPXVWSUHVVWKHUHVHWEXWWRQRQWKHUHFHLYHU25WXUQWKHSRZHURIIWKHQZDLWDIHZVHFRQGVDQGWKHQRQDJDLQ$FKDQQHOLVGHHPHGDFWLYDWHGZKHQWKHUHOD\LVHQHUJL]HGIRUWKDWFKDQQHODQGWKHDVVRFLDWHGOHGRQWKHUHFHLYHUFLUFXLWERDUGLVOLW,QRWKHUZRUGVDQDFWLYHUHOD\LVRQHWKDWKDVWKHFRPPRQDQGQRUPDOO\RSHQFRQWDFWVFRQQHFWHGWRJHWKHU4XHU\ZLWK(QDEOH&KDQQHO2SHUDWLRQ7KH4XHU\ZLWK(QDEOH&KDQQHORSHUDWHVDVLQWKHEDVLFPRGHEXWZLWKWKHDGGHGIHDWXUHWKDWWKHTXHU\PRGHZLOORQO\EHRSHUDWLRQDOZKHQDVSHFL¿HGFKDQQHOLV³DFWLYDWHG´7KHWLPLQJIRUWKHTXHU\IXQFWLRQZLOOEHJLQRQO\ZKHQWKH(QDEOH&KDQQHOLVDFWLYDWHGDQGQRWZKHQWKHV\VWHPLVSRZHUHGXS:KHQWKHFKDQQHOWKDWKDVEHHQLGHQWL¿HGDVDTXHU\HQDEOHFKDQQHOLVLQDFWLYHWKHTXHU\PRGHLVQRWRSHUDWLRQDODQGWKHRSHUDWRUGRHVQRWKDYHWRTXHU\WKHUHFHLYHUZLWKLQDPLQXWHWLPHSHULRG:KHQDTXHU\HQDEOHFKDQQHOKDVEHHQVZLWFKHGIURPLQDFWLYHWRDFWLYHWKHPLQXWHWLPHU LV UHORDGHG ZLWK D IXOO  PLQXWHV WLPH DJDLQ DQG WKH TXHU\ PRGH EHFRPHV RSHUDWLRQDODJDLQ1RWH 7KH TXHU\ HQDEOH FKDQQHO FDQ EH RSHUDWHG LQ DQ\ RI WKH PRGHV SRVVLEOH PRPHQWDU\ODWFKHG HPHUJHQF\ ODWFKHG RU TXHU\ EXW WKH RQO\ PRGH WKDW LV XVHIXO IRU WKLV IHDWXUH LVODWFKHGPRGH/DWFKHGPRGHLVZKHUHWKHFKDQQHOFDQEHDFWLYDWHGDQGOHIWLQWKHDFWLYHVWDWHIRUDSHULRGRIWLPHDVLQWKH372RSHUDWLRQ7KH PRVW FRPPRQ XVH RI WKH TXHU\ HQDEOH FKDQQHO RSHUDWLRQ LV RQH ZKHUHWKH HQDEOH FKDQQHO LV WKH 372 FKDQQHO  :KHQ WKH 372 LV HQJDJHG DQGSXPSLQJLVWDNLQJSODFHWKHTXHU\PRGHLV³OLYH´DQGWKHRSHUDWRUPXVWTXHU\WKHUHFHLYHUHYHU\PLQXWHV:KHQWKH372LVGLVHQJDJHGWKHTXHU\PRGHLV QRW RSHUDWLRQDO DQG WKH RSHUDWRU FRXOG IRU H[DPSOH OHDYH WKH WUXFN LGOLQJRXWVLGHGXULQJWKHZLQWHUPRQWKVIRUDSHULRGRIWLPHZLWKRXWKDYLQJWKHWUXFNDXWRPDWLFDOO\VKXWGRZQDIWHUPLQXWHV
7RSURJUDPWKH%$6(V\VWHPIRU%DVLF4XHU\RSHUDWLRQ3UHVVWKH³VHWXS´EXWWRQRQWKHUHFHLYHUWLPHVDQGWKHQZDLWIRUÀDVKHVRIOHG'3UHVVWKH³VHWXS´EXWWRQWKHQXPEHURIWLPHVIRUZKLFKFKDQQHOLVWREHWKHTXHU\FKDQQHORUDQGZDLWIRUWKHSURSHUQXPEHURIÀDVKHVRU3UHVVWKHEXWWRQIRXUWLPHVWRLQGLFDWHPRGH4XHU\0RGHDQGZDLWIRUIRXUÀDVKHV7RSURJUDPWKH%$6(V\VWHPIRU4XHU\ZLWK(QDEOH&KDQQHORSHUDWLRQ3URJUDPWKH%$6(V\VWHPIRU%DVLFTXHU\XVLQJWKHVWHSVDERYH3UHVVWKH³VHWXS´EXWWRQRQWKHUHFHLYHUWLPHV:DLWIRUWKHOHG'WREOLQNVHYHQWLPHV3UHVVWKH³VHWXS´EXWWRQRQWKHUHFHLYHUWKHQXPEHURIWLPHVWRLGHQWLI\ZKLFKFKDQQHOLVWREHWKHTXHU\HQDEOHFKDQQHOLHRUSUHVVHV7R&OHDUWKH4XHU\(QDEOH&KDQQHO%DVLF4XHU\±1R(QDEOH&KDQQHO8VHG3UHVVWKH³VHWXS´EXWWRQRQWKHUHFHLYHUWLPHV:DLWIRUWKHOHG'WREOLQNWLPHV3DJH

Navigation menu