PAGE 1

! #$%&&'()*+ ,-./(!*.0!&'()%1(*+!1*$23&(* 4! 35%+-2(%.*&(+#! 0(53&/3.2!%&/*.(6"6!-2(+()(./!$%.53&/3.2!6(/.*+(./! "3$'*.(6"6! ! !" # $"%&#'()*%+, # # # # # # # A Thesis Submitted to the Division of Natural Sciences New College of Florida In partial fulfillment of t he requirements for the degree Bachelor of Arts Under the sponsorship of Dr. Amy Clore, Ph.D Sarasota, Florida November, 2010

PAGE 2

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

PAGE 3

# -# # $41H3E1#79#/#D7CFHE/E-70/3#/0/3.1-1#/22;411-08#E@4#F711-B-3-E.#79#E@4# / DPH-1-E-70#79#9H08/3#84041#04D411/;.#97;#41E/B3-1@C40E#79#E@-1#F/E@5/.#-0#;@-A7B-/# 9;7C#/#9H08/3#17H;D4#/;4#F;4140E42J#'@-1#/0/3.1-1#-240E-9-42#14G4;/3#F711-B34# 7;E@7378H41#E7#E@4#&72#84041#-0#E@4#C.D7;;@-A/<#C71E#07E/B3.#E@;44#9H08/3#D@-E-0# 1.0E@/141#5-E@ #1-C-3/;-E.#E7#&726J#R7;4#;49-042#/3-80C40E1#;4G4/342#/3-80C40E# 1-C-3/;-E-41#B4E5440#E@4#E57#F711-B34#7;E@7378H41#-0#/#D7014;G42#F7E40E-/3#3-8/02# B-02-08#27C/-0J#%33#-0#/33<#E@-1#5/;;/0E1#9H;E@4;#;414/;D@#-0E7#E@4#7;-8-01#79#E@4# B/DE4;-/3#&72#84041J# # # SSSS SSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS # *;J#%C.#637;4 # *-G-1-70#79#&/EH;/3#)D-40D41 # #

PAGE 4

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

PAGE 5

# -G # /01()!&2!3&%-)%-. %B1E;/DE # # # # # # # # # # # %DK07534284C40E1 # # # # # # # # # --# '/B34#79#670E40E1 # # # # # # # # # -G # +-1E#79#:-8H;41 # # # # # # # # # G# +-1E#79#'/B341#/02#,PH/E-701 # # # # # # # G-# 3405-)6!78!94:;&1:0(!0%*!<=#&664:;0(!"..&#:0-:&%.>!"!3&,5()-)!?@)6@:)' ?J?##(0E;72HDE-70#### # # # # # # # # ? # # ?J=##).CB-7E-D#/117D-/E-701 # # # # # # # W # # ?JW#XG4;G-45#79#E@4#2-994;40E#E.F41 # # # # # # Y # # # 79#R.D7;;@-A/3#:H08# # # ?JWJ?#67CC70#F@.1-7378-D/3# # # # # # ?> # # # 94/EH;41#79#C.D7;;@-A/4 # # # ?JWJ=#%;BH1DH3/;#R.D7;;@-A/3#:H08-#M%RN # # # # ?= # # # ?JWJW#,DE7C.D7;;@-A/3#9H08# # # # # # ?Z # # ?J[##V404;/3#E;/-E1#79#;@-A7B-/ # # # # # # =? # # ?JY#'@41-1#7G4;G-45 # # # # # # # # =\ # # ?J\#670D3H1-7 0 # # # # # # # # =] # 3405-)6!A8!"!6&()!2&6!.=,1:&%-.!:%!*6:@:%+!#(:,0B!#&,,C%:-=!.-6C#-C6) # # =J?#(0E;72HDE-70 # # # # # # # # W> # # =J=#)HDD411-70/3#'@47;. # # # # # # # W? # # # =J=J?#'@4#(02-G-2H/3 L #/02#67CCH0-E. L # # # # W= # # # $4F3/D4C40E#R72431#79#)HDD411-70 # # # =J=J=#$4249-0-08#E@4#249-0-E-7 0#79# # # # # # WY # # # D3-C/I#D7CCH0-E-41 # # # =J=JW#R724;0#)HDD411-70/3#'@47;. # # # # # WY # # # # =J=JWJ?#'@4#(0@-B-E-70#R7243 # # # # W^ # # # # =J=JWJ=#'@4#:/D-3-E/E-70#R7243#97;#)HDD411-70 # # WZ # # # # =J=JWJW#'@4#'734;/0D4#R7243#97;#)HDD411-70 # # # WZ # # # # =J=JWJ[#_/0A40 L 6700433#C7243#97;#1H DD411-70 # # [> # # # # =J=JWJY#O75#1HDD411-70#/02#D7CCH0-E. # # # [> # # # # #4D7378.#-1#-0E4;F;4E42#E72/. # # =JW#,D7378-D/3#(CF3-D/E-701#79#`3/0E L ).CB-70E#$43/E-701@-F1 # # # [? # # # =JWJ?#_/071a#C7243#97;#E@4#;734#79# # # # # # [= # # # C.D7;;@-A/3#1.CB-7141#-0#E;7F-D/3#1HDD411-70 # # # =JWJ= #,DE7C.D7;;@-A/4#/1#/0#4IF3/0/E-70 # # # # [\ # # # #97;#C70727C-0/0E#97;41E1 # # # =JWJW#6H;;40E#H024;1E/02-08#79#E@4# # # # # # [^ # # # ;734#79#F3/0E L C-D;7B4#-0E4;/DE-701# # # # -0#D7CCH0-E.#4D7378. # # # # =JWJWJ?#'57#40G-;70C40E/3#9/DE7;1# # # # # [] # # # # -CF7;E/0E#-0#24E4;C-0-08#E@4#D7CCH 0-E.# # # # # /02#F3/0E#;41F7014#E7#1.CB-70E1 # # # # =JWJWJ=#*;-G-08#D7CCH0-E.#4D7378.# # # # [Z # # # # E@;7H8@#0HE;-40E#F/;E-E-70-08 #

PAGE 6

# G # # # # # =JWJWJ=J?#b/;-42#F3/0E#;41F7014# # # # [Z # # # # # E7#1.CB-70E1#-0#0HE;-40E#F/;E-E-70-08 # # # # # =JWJWJ=J=#b/;-42#1.CB-70E#;41F7014 # # # Y? # # # # # #E7#@71 E1#-0#0HE;-40E#F/;E-E-70-08 # # # # =JWJWJW#b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`711-B34#R. D#9/DE7;1#/02#R.D#;4D4FE7;1 # # # ^^ # # # WJ=JY#&72#:/DE 7;#(02HD42#6/3D-HC#(093HI# # # # # ^Z # # # /02#)@4F/;2a1#6;77K#*4G437FC40E # # # WJ=J\#&7 2#/02#R.D#:/DE7;#(02HD42# # # # # # ]= # # # 6/3D-HC#X1D-33/E-701 # # # # WJ=J\J?#`X+ +cd#/02#6%)'X$<#&HD34/;# # # # ]W # # # # ,0G437F4#6/E-70 L 6@/00431 # # # # WJ=J\J= #&c`]Y#/02#&c`?WWe#0HD34/;# # # # ][ # # # # F7;4#F;7E4-01#04D411/;.#97;#1.CB-71-1# # # # # -02HD42#D/3D-HC#71D-33/E-701 # # # # WJ=J\JW#c0K0750#6/ =f #D@/00431#/;4# # # # ]Y # # # # ;41F701-B34#97;#-02HD-08#D/3D-HC#71 D-33/E-701 # # # WJ=J^# 66/Rg#/02#6"6+X`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g#-0#E@4#348HC41 # # # ?>] # # # [JYJ=#'@4# 7;-8-01#79#E@4#072#84041 # # # # # ??> # # # [JYJW# )HCC/;.#79#/;8HC40E1#97;#E@4#9H08/3#7;-8-01 # # ??? # # # #79#E@4#;@-A7B-/3#&72#84041 # #

PAGE 7

# G# # [J\#R4E@721 # # # # # # # # # ??= # # # [J\J?#!+%)'#14/;D@ #E7#9-02#;4D-F;7D/3#84041# # # # ??W # # # [J\J=#63H1E/3#/3-80C40E #79#-240E-9-42#7;E@737 87H41 # # ??[ # # # [J\JW#)4/ ;D@#97;#D7014;G42#27C/-0 # # # # # ??[ # # [J^#$41H3E1 # # # # # # # # # ??Y # # # [J^J?#`7E40E-/3#7;E@7378H 41#-240E-9-42#E@;7H8@#!+%)' # # ??Y # # # [J^J=#63H1E/3 #/3-80C40E#/02#D7014;G42# # # # # ??Y # # # 27C/-0#14/;D@#;41H3E1 # # [J]#670D3H1-701 # # # # # # # # ?=> # 3405-)6!J8!3&%#( C.:&%.!0%*!KC-C6)!E)6.5)#-:@). # # YJ?#,D7378-D/3# -CF3-D/E-70#79#1.CB-70E1 # # # # # ?=W # # YJ=#).CB -7E-D#1-80/3-08 # # # # # # # ?=[ # # YJW#V404E-D#7;-8-01#79#;@-A7B -/3#H14#79#E@4#).C#F/E@5/. # # # ?=\ # # Y J[#XG4;/33#670D3H1-701 # # # # # # # ?=] # %FF402-Ie# # # %BB;4G-/E-701 # # # # # # # # ?W> # $494;4 0D41 # # # # # # # # # # ?W? # # # # # L:.-!&2!K:+C6). # :-8H;4#?J? (33H1E;/E41#E@4#4IE40E#79#E@4#9H08/3#@.F@/3#1.1E4CJ # # # Z # :-8H;4#?J= #(33H1E;/E-70#79#``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``%#/02#-094DE-70#E@;4/21J # :-8H;4#[J= #%R#@7 1E#;/084<#1@4C/# 97;#E@4#-0@4;-E/0D4# # # # ##### # ?>^ # # 79#E@4#).C#84041J # :-8H;4#[JW# #63H 1E/3#/3-80C40E#;41H3E1J # # # # # # ??] # :-8H;4#[J[ #67014;G42 #27C/-01#14/;D@#;41H3E1J # # # # # ??Z #

PAGE 8

# G-# L:.-!&2!/01().!0%*!IMC0-:&%. '/B34#?J? #63/11-9-D/E-70#79#E@4#14G40#C/T7;#E.F41#79# # # # # ^ # C.D7;;@-A/3#/117D-/E-701J# # '/B34#?J= ## '/I707C-D#7HE3-04#79#B/DE4;-/#97;C-08# # # # # # == # ;@-A7B-/3#1.CB-7141J # ,PH/E-70#?J? #'@4#0-E;7840/14#D/E/3.A42#;42HDE-70#79# # # # # =Y # 0-E;7840#E7#/CC70-/J # '/B34#WJ? ##'@4#).C#V4041#/02#'@ 4-;#(240E-9-42#X;E@7378H41J # # # \= # '/B3 4#[J? #!3/1EF#14/;D@#;41H3E1 # # # # # # # ??^ #

PAGE 10

# ? # $=;>9?:!@A!&=BCD7B;E!;FG!"HE?9?! %J?:JB?K # 787!!N%-6&*C#-:&% # R.D7;;@-A/3#9H08-#/02#;@-A7B-/3#B/DE4;-/#/;4#F;-C4#4I/CF341#79#1.CB-70E1# 1-0D4#E@4.#97;C#/117D-/E-701#5-E@#F3/0E#;77E1#9;7C# 5@-D@#E@4.#7BE/-0#D/;B70<#-0# ;4EH;0#F;7G-2-08#B4049-E#-0#E@4#97;C#79#0HE;-40E1J#)F4D-9-D/33.<#E@4.#/3375#E@4#HFE/K4# 79#h-CC7B-34i#F@71F@/E4#-0#E@4#D/14#79#C.D7;;@-A/4#7;#F;7G-24#9-I42#0-E;7840#-0#E@4# D/14#79#;@-A7B-/J#'@4#C/0#D701-24;42#E@4#F-7044;#79#C.D7 ;;@-A/3#;414/;D@#5/1# V4;C/0#B7E/0-1E#%J!J#:;/0KJ#O4#5/1#E@4#9-;1E#E7#;4F7;E#M-0#?]]YN#E@/E#C.D7;;@-A/4# /;4#E@4#;H34#;/E@4;#E@/0#E@4#4ID4FE-70#5-E@#C.D7;;@-A/3#1.CB-7141#7DDH;;-08#-0# ;7H8@3.#]>j#79#/33#3/02#F3/0E#1F4D-41#M&45C/00#/02#$422433#?Z]^U# )D@kl34;# 4E#/3J# =>>?U #';/FF4#=>>YNJ# # # :;/0Ka1#57;K#D70D40E;/E42#70#/#E.F4#79#C.D7;;@-A/3#-0E4;/DE-70#K0750#E72/.# /1#4DE7C.D7;;@-A/4#M';/FF4#=>>YNJ#R/0.#79#@-1#E@47;-41#54;4#/@4/2#79#@-1#E-C4#/02# -0-E-/33.#C4E#5-E@#;41-1E/0D4#9;7C#E@4#1D-40E-9-D#D7CCH0-E.<#1-0D4#E@4 .#5/;;/0E42#/# ;44G/3H/E-70#79#5433#41E/B3-1@42#E@47;-41#-0#E@4#1HBT4DE1#79#9H08/3#/02#F3/0E# 4G73HE-70<#4D7378.#/02#F@.1-7378.J#O4#F;7F7142#E@/E#E@414#9H08-#54;4#-0#/#1.CB-7E-D# ;43/E-701@-F#5-E@#E@4#F3/0E1#/02#1F4DH3/E42#E@/E#E@4#E57#F/;E-D-F/0E1#54;4#24;-G -08# 0HE;-40E1#9;7C#704#/07E@4;#M:;/0K#?]]Y<#';/FF4#=>>YNJ#*41F-E4#7G4;#/#@H02;42# .4/;1#@/G-08#43/F142#1-0D4#E@4#E-C4#79#:;/0K<#C/0.#79#E@4#D433H3/;#F;7D41141#E@/E# H024;3.#E@414#1.CB-7141#/;4#1E-33#07E#5433#H024;1E772<#/02#CHD@#79#7H;#K07534284# D7H32#1E-33# B4#D/3342#1F4DH3/E-G4J # #

PAGE 11

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g-1E04;#/02#`/;0-1K4<#=>>=U#`/;0-1K4# =>>]NJ##'@-1#34/21#E7#/0 #-0E;-8H-08#24B/E4#4G73HE-70/;-3.<#0/C43.#5@4E@4;#E@-1# D7CC70#H14#79#E@4#1.CB-7E-D#F/E@5/.#-1#E@4#;41H3E#79#D70G4;840E#7;#2-G4;840E# 4G73HE-70J#'@4#;43/E-G4#3/DK#79#K07534284#79#E@4#;4D780-E-70#4G40E1#-0#C.D7;;@-A/3# /DE-G/E-70#97;#E@4#1-80/3-08#F/E@5/.#@/1# @-024;42#E@-1#24B/E4U#@754G4;<#;4D40E# /2G/0D41#-0#D433H3/;#/02#C734DH3/;#3/B#E4D@0-PH41#C/K41#D4;E/-0#E@/E#E@4#43HD-2/E-70# 79#E@-1#F/E@5/.#-0#-E1#40E-;4E.#-1#07E#9/;#/5/.#Mg-1E04;#/02#`/;0-1K4<#=>>=U#`/;0-1K4# =>>]NJ# # m:7;#9H;E@4;#/BB;4G-/E-701#;494;#E7#E@4 #/BB;4G-/E-701#14DE-70#37D/E42#-0#E@4#/FF402-I# 70#F8J#?=[J #

PAGE 12

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`/;/D4;#/02# %@C/2T-/0< # =>>>N#J#(0#E@-1#/117D-/E-70#E@4#D37509-1@#24; -G41#F;7E4DE-70#9;7C#F;42/E-70#B.#E@4# /04C704#5@-34#D34/0-08#E@4#/04C704#K44F-08#-E#9;44#79#/38/4#M`/;/D4;#/02# %@C/2T-/0< #=>>>NJ#'@4#1HBT4DE#79#1.CB-71-1#EH;01#7HE#E7#B4#C7;4#D7CF34I#E@/0#-E# 57H32#144C#70#E@4#1H;9/D4J#).CB-7141#D/0#B4#D3/11-9-42#-0#/#37E#7 9#2-994;40E#5/.1# 24F402-08#HF70#/EE;-BHE41#79#E@4#/117D-/E-70J#'@4#C71E#B/1-D#249-0-08#/EE;-BHE4#79#/# 1.CB-71-1#-1#E@4#-240E-E.#79#E@714#B4049-EE-08#M`/;/D4;#/02# %@C/2T-/0< #=>>>NJ##(9#B7E@# 7;8/0-1C1#F;79-E#9;7C#E@4#1.CB-71-1<#-E#-1#;494;;42#E7#/1#CHEH/3-1E -D<#5@4;4/1#-9#704# F/;E-D-F/0E#-1#F;79-E-08#/E#07#4IF4014#E7#E@4#7E@4;#F/;E-D-F/0E1#E@4#/117D-/E-70#-1# D/3342#D7CC401/3J#(9#704#F/;E-D-F/0E#-1#F;79-E-08#/E#E@4#4IF4014#79#E@4#7E@4;# F/;E-D-F/0E1#E@4#/117D-/E-70#-1#F/;/1-E-D#M`/;/D4;#/02# %@C/2T-/0< #=>>>NJ# # # '@4#E4;C#1.CB-71-1#5/1#D7-042#B.#E@4#V4;C/0#F3/0E#F/E@7378-1E<#O4-0;-D@# %0E70#24#!/;.<#/02#5/1#7;-8-0/33.#H142#E7#;494;#E7#/#;43/E-701@-F#B4E5440#E57# 7;8/0-1C1#-0#/#CHEH/3-1E-D#;43/E-701@-F#M24#!/;.<#?]^ZU#n-3K-0170<#=>>?NJ##)-0D4#24#

PAGE 13

# [ # !/;.a1#E-C4<#17C4#1D-4 0E-1E1#@/G4#/EE4CFE42#E7#;41E;-DE#E@4#H14#79#E@-1#57;2#E7# CHEH/33.#B4049-D-/3#;43/E-701@-F1#5-E@7HE#1HDD411#M n772@4/2<#?Z?YU#n-3K-0170<# =>>?N J##'@4#/CB-8H-E.#79#E@4#249-0-E-70#79#E@4#E4;C#1.CB-71-1#D70E-0H41#E7#B4#/# 1HBT4DE#79#-0E4014#24B/E4J#'@4#3708#E-C4 #1F/0#79#E@-1#/;8HC40E#1H8841E1#E@/E#/#9-0/3# /8;44C40E#70#E@4#H14#79#E@-1#E4;C#5-33#07E#B4#;4/D@42#-0#E@4#97;4144/B34#9HEH;4J# '@H1<#E@4#H14#79#1.CB-71-1#-0#E@-1#E@41-1#5-33#B4#249-042J#(0#E@4#D/14#79#B7E@# C.D7;;@-A/4#/02#;@-A7B-/<#E@4-;#/117D-/E-701#5-E@#F 3/0E#;77E1#/;4#B7E@#CHEH/3-1E-D# /02#E@4;497;4<#E@4#E4;C#1.CB-71-1#5-33#B4#H142#-0#-E1#7;-8-0/3#249-0-E-70#/1#14E#97;E@# B.#24#!/;.#/1#/#CHEH/33.#B4049-D-/3#;43/E-701@-F#M24#!/;.<#?]^ZU#n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

PAGE 14

# Y # E@4#9H08H1#M ,3-/1#/02#)/o;#?Z]^ NJ##:H08/3#1F7;41#9/-3#E7#;4/D@#C/EH;-E.#5@40#07E#-0# E@4#F;4140D4#79#/#@71E L F3/0E#;77E#M ,3-/1#/02#)/o;#?Z]^U# !H44#4E#/3J<#=>>>NJ#$4D40E3.#-E# @/1#B440#24E4;C-042#E@/E#84;C-0/E42#9H08/3#1F7;41#@/G4#/#C-0-C/3#/B-3-E.# E7# F;7D411#4I78407H1#1H8/;#/02#/D4E/E4#5@-D@#-1#5@.#E@4.#E4;C-0/E4#;/E@4;#PH-DK3.#-9# 07E#-0#E@4#F;4140D4#79#F3/0E#;77E1#M+HC#/02#O-;1D@<#=>>WNJ#$@-A7B-/#2-994;#-0#E@/E# E@4.#/;4#D/F/B34#79#1H;G-G-08#5-E@7HE#/#@71E<#/3E@7H8@<#@/G-08#/#@71E#2741#D7094;# /2G/0E /841#E7#E@4#;@-A7B-/#/02#97;C-08#/#1.CB-71-1#-1#F;494;;42J##(0#1HCC/;.<#B7E@# /117D-/E-701#/;4#1.CB-7E-D#-0#24#!/;.a1#14014#79#E@4#57;2#/02#C.D7;;@-A/3# /117D-/E-701#/;4#7B3-8/E7;-3.#17#M).3G41E4; L !;/234.#4E#/3J<#?Z]]NJ#'@4#04IE#14DE-70#5-33# /22;411#E@4#8404 ;/3#E;/-E1#79#C.D7;;@-A/3#9H08-#-0#C7;4#24E/-3J # 78D!?@)6@:)'!&2!-4)!*:22)6)%-!-=5).!&2!<=#&664:;0(!KC%+: # R.D7;;@-A/3#9H08-#/;4#4IE;4C43.#2-G4;14#/02#5-241F;4/2<#97;C-08# /117D-/E-701#5-E@#E@4#G/1E#C/T7;-E.#79#3/02#F3/0E#1F4D-41#M&45C/00#/02#$422433# ?Z]^U# ) D@kl34;<#)D@5/;A7EE#p#n/3K4;#=>>?N J#X03.#/#@/029H3#79#F3/0E#1F4D-41#D/0#B4# 249-042#/1#070C.D7;;@-A/3#7;#;/;43. L C.D7;;@-A/3J#'@4#9H08-#97;C-08#C.D7;;@-A/3# 1.CB-7141#B43708#E7#E@4#973375-08#9H08/3#F@.3/e#V37C4;7C.D7E/<#%1D7C.D7E/#/02# !/1-2-7C.D7E/#M)C-E@#/02 #$4/2<#=>>]NJ#R.D7;;@-A/4#D/0#B4#2-G-242#-0E7#14G40# 2-1E-0DE#E.F41#79#/117D-/E-701e#/;BH1DH3/;#C.D7;;@-A/<#4DE7C.D7;;@-A/<# 4DE4027C.D7;;@-A/<#/;BHE7-2#C.D7;;@-A/<#C707E;7F7-2#C.D7;;@-A/<#4;-D7-2# C.D7;;@-A/<#/02#7;D@-2#C.D7;;@-A/#M)C-E@#/02#$4/2<#=>>]NJ#'@4 14#E.F41#79# /117D-/E-701#G/;.#5-243.#-0#E@4-;#C4D@/0-1C1#/02#/B-3-E.#E7#F;7G-24#0HE;-40E1#/02#-0# E@4-;#1F4D-9-D-E.J#'@4#E57#C71E#D7CC70#C.D7;;@-A/3#/117D-/E-701#/02#E@4#E57#E@/E#

PAGE 15

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n-3170<#=>>]N J# # # '@4#7E@4;#E.F41#79#C.D7;;@-A/3#1F4D-41#/;4#3411#D7CC70#/02#G/;.#-0#E@4-;# @71E#;/084<#E@4#E.F4#79#7;8/01#E@4.#24G437F<#/02#E@4#1-A4#/02#97;C#79#E@4-;#4IE4;0/3# C.D43-/ 3#04E57;K1#/02#E@4-;#-0E4;0/3#@.F@/3#04E57;K1#M)C-E@#/02#$4/2<#=>>]NJ# '/B34#?J?#F;7G-241#/0#7G4;G-45#79#E@4#14G40#C/T7;#E.F41#79#C.D7;;@-A/3# /117D-/E-701J#'@-1#E/B34#/317#-33H1E;/E41#E@4#2-994;40D41#B4E5440#4/D@#/117D-/E-70# E.F4<#-0#E4;C1#79#5@4E@4;#E@4.#/ ;4#4DE7 L #7;#40271.CB-7E-D<#E@4#7;8/01#E@4.#HE-3-A4<# 5@4E@4;#7;#07E#E@4.#D70E/-0#14FE/<#9H08/3#E/I/#E@4#1.CB-70E1#97;C-08#E@/E#E.F4#79# /117D-/E-70#B43708#E7<#/02#E@4#F3/0E#E/I/#5-E@#5@-D@#E@4#1.CB-70E1#/;4#D/F/B34#79# 97;C-08#/117D-/E-701J #

PAGE 16

# ^ #

PAGE 17

# ] # R.D7;;@-A/3#/11 7D-/E-701#@/G4#B440#-240E-9-42#-0#9711-3#;4D7;21#2/E-08#B/DK#E7# [>>#C-33-70#.4/;1#/87#C/K-08#E@4C#E@4#73241E#-240E-9-42#F3/0E#C-D;7B4#-0E4;/DE-70# Mg-21E70#/02#+/08<#?Z=?U#)-C70#4E#/3J#?ZZWU#$424DK4;#4E#/3J#=>>>U#g-1E04;#/02# `/;10-K4#=>>=NJ#'@414#/117D-/E-7 01#54;4#E@40#/02#D70E-0H4#E7#B4#4IE;4C43.# -CF7;E/0E#97;#B7E@#E@4#@71E#/02#1.CB-70EJ#:711-3#;4D7;21#-02-D/E4#E@/E#4/;3.#3/02# F3/0E1#@/2#3-C-E42#;77E#1.1E4C1#/02#;43-42#/3C71E#40E-;43.#HF70#@.F@/3#9H08-# 97;C-08#G41-D341#/02#/;BH1DH341#5-E@#1E;HDEH;/3#1-C-3/; -E.#E7#E@714#97H02#-0# D70E4CF7;/;.#/;BH1DH3/;#C.D7;;@-A/4#97;#0HE;-40E#/02#5/E4;#HFE/K4#M$424DK4;#4E# /3J#=>>>NJ#!4D/H14#79#E@4#F3/0E1a#3-C-E42#;77E#1.1E4C1<#E@4#1.CB-71-1#5/1#F;7B/B3.# 7B3-8/E4#97;#B7E@#F/;E-41#-0G73G42#Mg-21E70#/02#+/08<#?Z=?U#)-C70#4E#/3J #?ZZW<# $424DK4;#4E#/3J#=>>>NJ##R71E#F3/0E1#E72/.#D70E-0H4#E7#24;-G4#/#3/;84#F7;E-70#79# F@71F@/E4#9;7C#C.D7;;-A/4#/1#E@4#4IE401-G4#@.F@/3#04E57;K1#97;C42#B.#E@4#9H08H1# D/0#/DD7H0E#97;#Y L =>j#79#E7E/3#;77E#C/11<#-0D;4/1-08#E@4#F3/0E1#/B17;FE-G4#/;4/#B.# /0#/G4 ;/84#79#=W=#DC#F4;#Y>#CC#79#;77E#MV-/0-0/AAL `4/;170<#?Z]]U#!3/0E70<#=>>=U# _/G7E#4E#/3J<#=>>^NJ#%R#@/G4#B440#24E4;C-042#E7#B4#;41F701-B34#97;#HF#E7#^>j#79#E7E/3# F@71F@7;7H1#HFE/K4#-0#C.D7;;@-A/3#;77E1#M)C-E@#/02#$4/2<#?ZZ^NJ # # # # # # # # #

PAGE 18

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

PAGE 19

# ?> # 78D87!3&,,&%!54=.:&(&+:#0(!2)0-C6).!&2!,=#&664:;0) # R.D7;;@-A/4#/;4#D/F/B34#79#8404;/E-08#9;7C#E@;44#14F/;/E4#17H;D41#79# -007DH3HCe#1F7;41<#D7370-A42#;77E#9;/8C40E1<#7;#4I-1E-08#@.F@/3# 04E57;K#M)C-E@#/02# $442#=>>]NJ##R.D7;;@-A/3#1F7;41#G/;.#5-243.#-0#1-A4#M)C-E@#/02#$4/2<#=>>]N<#E@4# 1F7;4#D433#5/331#/;4#D7CF7142#79#D@-E-0#/02#-0#17C4#D-;DHC1E/0D41#l#M?>]NJ#%1#-1#E.F-D/3#-0#9H08-<#C.D7;;@-A/3# 1F7;41#/;4#/317#D@/;/DE4;-A42#B.#E@4#F;4140D4#79#/#3/;84#0HCB4;#79#0HD34-#MO710.#4E# /3J<#?ZZ]NJ # # '@4#/0/E7C.#79#C/EH;4#C.D7;;@-A/3#9H08-#G/;-41#B4E5440#1F4D-41#/02# /117 D-/E-70#E.F4<#@754G4;<#/33#9H08/3#1.CB-70E1#1@/;4#14G4;/3#B;7/2#E;/-E1J#'@4# C/EH;4#9H08/3#/117D-/E-701#@/G4#/#17 L D/3342#-0E;/;/2-D/3#@.F@/3#04E57;K#F;7E;H2-08# -0E7#E@4#F3/0E#;77EJ#n-E@-0#E@4#F3/0E#;77E#/317#4I-1E1#/#1-E4#79#0HE;-40E#4ID@/084# K0750#/1#E@4#1 .CB-7E-D#-0E4;9/D4#M 67I#/02#)/024;1<#?Z^?U#V-/0-0/AAL `4/;170#4E#/3J<# ?ZZ?N J##O f L %'`/141#F3/.#/#C/T7;#;734#-0#E;/01F7;E/E-70#79#-701#/02#C734DH341#/E#E@4# 1.CB-7E-D#-0E4;9/D4#MV-/0-0/AAL `4/;170#4E#/3J<#?ZZ?NJ#'@4#4I/DE#37D/3#79#E@-1#-0E4;9/D4# G/;-41#B4E544 0#9H08/3#1F4D-41U#@754G4;<#-0#/33#D/141#E@4#1.CB-7E-D#-0E4;9/D4#D701-1E1# 79#/#9H08/3 L 24;-G42#C4CB;/04#-0#D3714#F;7I-C-E.#E7#/#F3/0E#;77E L 24;-G42#C4CB;/04# M 67I#/02#)/024;1<#?Z^?U#V-/0-0/AAL `4/;170#4E#/3J<#?ZZ?N J#n@40# 7*6#,-3%2)4'5,-)'.# 97;C1#/#1.CB-71-1#5 -E@#/;BH1DH3/;#E.F4#C.D7;;@-A/4<#F@71F@/E4 L E;/01F7;E-08# F;7E4-01#@/G4#/317#B440#-240E-9-42#/E#E@4#F4;-/;BH1DH3/;#C4CB;/04#/02#-0#;77E#@/-;1# /02#;77E#4F-24;C-1#M_/G7E#4E#/3J<#=>>^NJ#'@4#E57#F;7E4-01#-240E-9-42#-0#E@-1#37D/E-70#

PAGE 20

# ?? # 54;4#RE`'?#/02#RE`'=#M+-H#4E#/ 3J#?ZZ]U#6@-7H#4E#/3J#=>>?NJ#(0#/22-E-70#E7#E@414<#/# C.D7;;@-A/ L 1F4D-9-D#F@71F@/E4#E;/01F7;E4;<#RE`'[<#@/1#/317#B440#-240E-9-42#-0#E@4# D7;E-D/3#D433#F4;-/;BH1DH3/;#C4CB;/04#MO/;;-170#4E#/3J<#=>>=NJ#`;7G-1-70#79# F@71F@/E4#-1#K4.#-0#C.D7;;@-A/3#1.CB-7141J#(0 #RE`'[ L #CHE/0E1<#;/F-2#E4;C-0/E-70#79# E@4#1.CB-71-1#7DDH;1#5@-D@#1H8841E1#E@/E#RE`'[#C/.#@43E#E7#14014#499-D-40E# F@71F@/E4#E;/0194;#B.#E@4#1.CB-70E<#E@H1#;48H3/E-08#E@4#1.CB-71-1#M_/G7E#4E#/3J# =>>^NJ##(0#7E@4;#57;21<#E@414#F@71F@/E4#D@/00431#D7H32#14;G4#2H /3#FH;F7141<#14;G-08# B7E@#E7#E;/01F7;E#F@71F@/E4#/1#5433#/1#E7#14014#34G43#79#F@71F@/E4#E@/E#-1#B4-08# E;/01F7;E42J#'@-1#57H32#/3375#E@4#@71E#F3/0E#E7#hG4;-9.i#E@/E#E@4#1.CB-70E1#/;4# 9H0DE-70-08#499-D-40E3.#17#E@/E#E@4.#C/.#E4;C-0/E4#E@4#1.CB-71-1#-9#E@4.#/ ;4#07E# M_/G7E#4E#/3J#=>>^NJ # # %33#/2H3E#C.D7;;@-A/3#9H08-#4/D@#@/G4#/0#4IE4;0/3#C.D433-/3#04E57;K<#E@/E#-1<#/# @-8@3.#B;/0D@42#@.F@/3#04E57;K#E@/E#-1#F;4140E#7HE1-24#79#E@4#F3/0E#;77EJ#)7-3#34G431# 79#F@71F@/E4#/;4#8404;/33.#-0#E@4#;/084#79#? L ?>#qC<#5@-D@#F71 41#/#F;7B34C<#/1#F3/0E1# ;4PH-;4#F@71F@/E4#/E#/#C-33-C73/;#MCCN#34G43#M !-4341K-<#?Z^WN J#`3/0E1#;77E1#/;4# 3-C-E42#-0#E@4-;#/B-3-E.#E7#/DD411#F@71F@/E4J#'@4#24G437FC40E#79#;77E1#;4PH-;41#/# 3/;84#404;8.#-0FHE#B.#E@4#F3/0E<#17C4E-C41#/1#CHD@#/1#=>j#79#E@4#F3/0E 1# F@7E71.0E@41-1#F;72HDE1#M!/87#4E#/3J<#=>>>N#/02#E@4#F3/0E#;4PH-;41#F@71F@/E4#-0# 3/;84#PH/0E-E-41#E7#F4;97;C#/#G/;-4E.#79#B-7378-D/3#9H0DE-701J#(0#7;24;#E7#F;7G-24#E@4# @71E#F3/0E#5-E@#E@4#F@71F@/E4#7BE/-042#E@;7H8@#E@4#C.D43-/3#04E57;K<#/#E;/01F7;E# C4D@/0 -1C#CH1E#4I-1E#E7#C7G4#E@4#F@71F@/E4#E7#E@4#1.CB-7E-D#-0E4;9/D4J#:H08/3# C.D43-/#D70E/-0#G/DH7341<#/02#F@71F@/E4#-1#E;/0137D/E42#-0E7#E@414#G/DH7341#/02# F;7CFE3.#D70G4;E42#E7# F73.F@71F@/E41 #MF73. L `N#M ,A/5/ # 4E#/3J#=>>W<#)73/-C/0 # 4E#/3J#

PAGE 21

# ?= # ?ZZZN J#`73. L `1#/;4#3-0 4/;#C734DH341#C/24#HF#79#F@71F@/E4#-701#T7-042#E784E@4;#B.# @-8@ L 404;8.#B7021#K0750#/1#F@71F@7/0@.2;-24#B7021#/02#97;C42#B.#/1#945#/1# E@;44#BHE#HF#E7#14G4;/3#E@7H1/02#F@71F@/E4#-701#M g7;0B4;8#4E#/3J<#?ZZZN J#:7;C/E-70# 79#F73. L `a1#-1#-CF7;E/0E#97;#E@4#E;/0137 D/E-70#79#E@4#F@71F@/E4#9;7C#E@4#4IE4;0/3# C.D43-HC#E7#E@4#1.CB-71-1#-0E4;9/D4J#';/0137D/E-70#-1#/D@-4G42#G-/#D.E7F3/1C-D# 1E;4/C-08#7;#E@4#H14#79#/#C7E-34#EHBH3/;#G/DH734#1.1E4C<#-0#5@-D@#G/DH7341#/114CB34# E7#97;C#/#C7E-34#EHBH3/;#;4E-DH3HC#/E#@.F@/3#E-F1#/ 02#E@40#F;7D442#E7#E;/01F7;E# 0HE;-40E1#B.#F4;-1E/3E-D L E.F4#C7E-70#B4E5440#D3H1E4;1#79#G/DH7341#5@-D@#/114CB34# -0E4;C-EE40E3.#/3708#E@4#D4331#M677F4;#/02#'-0K4;#?Z]?U#c4E/K4#4E#/3J#=>>=NJ#`73. L `# C734DH341#97H02#5-E@-0#E@4#-0E;/;/2-D/3#@.F@/4#/;4#1@7;E4;#70# /G4;/84#E@/0#E@714# 97H02#-0#E@4#4IE4;0/3#C.D43-HC<#1H8841E-08#E@/E#F73. L `#D@/-01#/;4#@.2;73.A42#/02# F@71F@/E4#-1#;434/142#-0#-E1#-70-D#97;C#/E#E@4#1.CB-71-1#-0E4;9/D4#E7#E@4#F3/0E L ;77E# D4331# M)73/-C/0 # 4E#/3J#?ZZZU#X@E7C7#p#)/-E7#=>>YN J#,/D@#97;C#79#C.D7;;@ -A/#8741# /B7HE#41E/B3-1@-08#/#1.CB-7E-D#;43/E-701@-F#-0#/#13-8@E3.#2-994;40E#5/.U#E@4#7;8/01# /02#F;7D41141#B4E5440#4/D@#E.F4#79#C.D7;;@-A/4#/;4#G/;-/B34#24F402-08#70#E@4# 1.CB-71-1J#'@4;497;4#E@-1#F;7D411#5-33#075#B4#-0E;72HD42#97;#4/D@#E.F4#14F/;/E43.J# # 78 D8A!"61C.#C(06!<=#&664:;0(!KC%+:!O"

PAGE 22

# ?W # /C708#%R#/117D-/E-701<#E@4.#@/G4#B440#7B14;G42#-0#F3/0E1#79#E@4#973375-08#F@.3/e# !;.F@.E/<#`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g-1E04;#/02# `/;0-1K4<#=>>=NJ# # # '@4#3-94#D.D34#79#C.D7;;@-A/#D/0#B4#D3/11-9-42#-0E7#E@;44#C/-0#1E/841<#E@4# /1.CB-7E-D#1E/84<#E@4#F;41.CB-7E-D#1E/84<#/02#E@4#1.CB-7E-D#1E/84J#(0#E@4#/11.CB-7E-D# 1E/8 4#E@4#1.CB-70E#4I-1E1#/1#-07DDH3HCJ#:73375-08#@71E L F3/0E#F4;D4FE-70#E@4# 1.CB-70E#40E4;1#E@4#F;41.CB-7E-D#1E/84J#'@-1#1E/84#-0#E@4#9H08/3#3-94D.D34#-1# D@/;/DE4;-A42#B.#9H08/3#8;75E@#E75/;21#E@4#@71E#D/0#B4#4I/DE3.#249-042#B.#E@4# -0/DE-G/E-70#79#E57#9H08/3#8 4041#5@-D@#/;4#-CF7;E/0E#-0#E@4#E;/01-E-70#B4E5440#

PAGE 23

# ?[ # E@414#E57#1E/841J#'@414#E57#9H08/3#84041#@/G4#B440#-CF3-D/E42#-0#C42-/E-08#E@4# /1.CB-7E-D#/;;41E#79#9H08/3#1F7;41#-0#E@4#/B140D4#79#/#F3/0E#;77EJ#'@4.#54;4# -240E-9-42#-0# 8.%('12(%11*-* #/02#/;4#0/C42#VCV(&? #/02#VC'X$=#M$4PH40/#4E#/3J<# ?ZZZU#$4PH40/#4E#/3J<#=>>>U#$4PH40/#4E#/3J<#=>>=NJ##'@4#VCV(&?#8404#-1#4IF;41142# 2H;-08#E@4#/1.CB-7E-D#1E/84#79#24G437FC40E#BHE#B4D7C41#D7CF34E43.#-0/DE-G4#2H;-08# E@4#F;41.CB-7E-D#1E/84#M$4PH40/#4E#/3J<#=>>=U#!/341E;-0-#4E#/3J< #=>>\NJ#'@-1#8404#-1# B43-4G42#E7#D724#97;#/#F;7E4-0#-0G73G42#-0#1F7;4#84;C-0/E-70#1-80/3-08J#!/142#70# 14PH40D4#/0/3.1-1#E@-1#F;7E4-0#@/1#B440#24E4;C-042#E7#C71E#3-K43.#97;C#/#E57# 27C/-0#1E;HDEH;4#/02#E7#/317#@/G4#/#@-8@#34G43#79#1439 L 1F3-D-08#/DE-G-E.#M$4P H40/#4E# /3J<#=>>=U#!/341E;-0-#4E#/3J<#=>>\NJ # # VC'X$=#-1#/#D433#D.D34#D@4DKF7-0E#8404#E@/E#-1#-0G73G42#-0#D433#D.D34#/;;41E# 2H;-08#0HE;-40E#1E/;G/E-70J#'@-1#8404#-1#17#0/C42#2H4#E7#-E1#@7C7378.#E7# 9-,,"-4%(/,*12,*4*:#1#-* #'X$=<#5@-D@#-1#-0G73G42#-0#V#F@/14# D433#D.D34#/;;41E# M !;4H0-084;#/02#$4PH-0/<#=>>[N J# *H;-08#E@4#/1.CB-7E-D#1E/84#79#E@4#9H08/3#3-94#D.D34# 0HD34/;#2-G-1-70#2741#7DDH;J#O754G4;<#C71E#D4331#/;4#1EHDK#/E#E@4#)#F@/14#7;#E@4#V= L R#E;/01-E-70#F@/14#M !-/0D-7EE7#/02#!709/0E4<#?ZZW NJ#6.E7378-D/3#1EH241#;4G4/342# VC'X$=#-1#;41F701-B34#97;#-0@-B-E-08#@.F@/3#8;75E@#M$4PH-0/#4E#/3J<#=>>>U# !;4H0-084;#/02#$4PH-0/<#=>>[NJ # # '@4#9H08/3#@.F@/4#D70E-0H4#E7#4IE402#H0E-3#E@4.#;4/D@#E@4#;77E#4F-24;C-1J# O.F@/3#F404E;/E-70#-1#F;4D4242#B.#/#D.E71K434E/3#;4/;;/084C40E<# 5@-D@#;41H3E1#-0# E@4#97;C/E-70#79#/#F;4 L F404E;/E-70#/FF/;/EH1#M``%N# M6@/B/H2#4E#/3J#=>>=U#`/;0-1K4<# =>>]N J##'@4#``%#-1#/#1E;HDEH;4#97;C42#B.#E@4#;4/;;/084C40E#79#E@4#F3/0Ea1#4F-24;C/3#

PAGE 24

# ?Y # D4331a#C-D;7EHBH341#/02#C-D;79-3/C40E1#/1#5433#/1#F3/1C/#C4CB;/04J#'@-1# /FF/;/EH1# /DE1#E7#F;424E4;C-04#E@4#F/E@#79#E@4#@.F@/4#HF70#40E;.#-0E7#E@4#;77Ea1#4F-24;C/3# D4331#M)-D-3-/07#4E#/3J<#=>>^U#V40;4#4E#/3J<#=>>]NJ#'@4#97;C/E-70#79#E@4#``%#-E1439#-1# F;4D4242#B.#E@4#C-8;/E-70#79#E@4#4F-24;C/3#D433a1#0HD34H1#E7#E@4#F;7T4DE42#1-E 4#79# @.F@/3#F404E;/E-70# M6@/B/H2#4E#/3J#=>>=U#`/;0-1K4<#=>>]N J#'@4#``%#-1#/#E.F4#79# D.E7F3/1C-D#B;-284#97;C42#B.#D433H3/;#C-D;79-3/C40E1#/02#C-D;7EHBH341J#'@414# 434C40E1<#-0#D70TH0DE-70#5-E@#4027F3/1C-D#;4E-DH3HC#D-1E4;0/4<#97;C#/#@73375#EHB4# M:-8H;4#?J=N# E@;7H8@#E@4#F3/0E#D433a1#G/DH734#MV40;4#4E#/3J<#=>>YU#)-D-3-/07#4E#/3J<#=>>^U# `/;0-1K4<#=>>] NJ#*4G437FC40E#79#E@4#``%#-1#/#;4PH-;4C40E#97;#@.F@/3#F404E;/E-70#-0# E@4#%R#M `/;0-1K4<#=>>]N J#cF70#E@4#@.F@/#;4/D@-08#E@4#D433#5/33<#2-994;40E-/E42# @.F@/3#1E;HDEH;4 1#D/3342#/FF;4117;-/#97;C<#/#F404E;/E-70#@.F@/4#E@40#B48-01#E7# 4IE402#/02#F404E;/E4#E@4#4F-24;C/3#D433#5/33#M `/;0-1K4<#=>>]N J#'@4#4I/DE# C4D@/0-1C#79#D433#5/33#F404E;/E-70#-1#H0K0750<#@754G4;<#-E#-1#E@7H8@E#E@/E#/# D7CB-0/E-70#79#C4D@/0-D/3#97;D4#/02#E@4#4ID ;4E-70#79#D433#5/33#248;/2-08#40A.C41# /;4#H142#MO/;;-170<#?ZZZNJ#'@4#4F-24;C/3#D433a1#0HD34H1<#5@-D@#F;4G-7H13.#C-8;/E42# E7#E@4#1-E4#79#F;7T4DE42#@.F@/3#F404E;/E-70<#E@40#F;7D4421#E7#C7G4#TH1E#/@4/2#79#E@4# 8;75-08#@.F@/#144C-083.#/DE-08#/1#/#8H-24#79#17;E1 #E75/;21#E@4#D7;E-D/3#D4331#37D/E42# 244F4;#-0#E@4#;77E# M6@/B/H2#4E#/3J<#=>>=U#`/;0-1K4<#=>>]NJ## #

PAGE 25

# ?\ # # :-8H;4#?J= #)@751#E@4#1E;HDEH;4#79#/#``%#/02#/317#-33H1E;/E41#E@4#C-8;/E-70#79#E@4# 4F-24;C/3#D433#0HD34H1J#'@4#,$#D-1E4;0/4#3-0-08#E@4#@73375#EHB4#D701E;HDE#E @4# F4;-9H08/3#C4CB;/04#/1#E@4#9H08/3#@.F@/#C7G41#2750#E@4#@73375#EHB4J#'@-1#@73375# EHB4#9/D-3-E/E41#E@4#C-8;/E-70#79#E@4#9H08/3#@.F@/#E7#/#D7;E-D/3#D433#0HD34H1J#&7E4#E@4# H14#79#E@4#E4;C#@.F@7F72-HC#-0#F3/D4#79#/FF;4117;-/#-0#E@-1#9-8H;4J#'@414#1E;HDEH;41# /;4#9H0DE-70/33.#-240E-D/3#/02#E@4#E57#E4;C1#D/0#B4#H142#-0E4;D@/084/B3.J# O.F@7F72-HC#;494;1#1F4D-9-D/33.#E7#/#1F4D-/3-A42#E.F4#79#/FF;4117;-/<#E@4#C71E# 2-1E-08H-1@-08#/EE;-BHE4#79#E@414#-1#/#13-8@E3.#C7;4#37B42#1@/F4#M9;7C#`/;0-1K4<# =>>]NJ # # # # cF70#;4/D@-0 8#E@4#D7;E-D/3#D4331<#B;/0D@-08#79#E@4#@.F@/4#B48-01#E7#7DDH;# ;41H3E-08#-0#/#@-8@3.#2-994;40E-/E42#/02#B;/0D@42#@.F@/3#1E;HDEH;4#D/3342#/0# /;BH1DH34#MO/;;-170<#?ZZZNJ#%;BH1DH3/;#C.D7;;@-A/3#1.CB-7141#24;-G4#E@4-;#0/C4# 9;7C#E@414#1E;HDEH;41<#5@-D@#/;4#H0-PH 4#E7#E@-1#E.F4#79#1.CB-71-1J#'@4#D7;E-D/3#D433# 5/33#8;751#E7#D7CF34E43.#1H;;7H02#E@-1#24G437F-08#/;BH1DH34#;41H3E-08#-0#E@4# 97;C/E-70#79#/#F;73-94;/E42#/F7F3/1E#MO/;;-170<#?ZZ^NJ#O-8@#O f L %'`/14#/DE-G-E.#@/1# B440#7B14;G42#/E#E@4#-0E4;9/D4#B4E5440#E@4#@.F@/3 #E-F1#79#E@4#/;BH1DH341#/02#E@4# F3/0E L 24;-G42#/F7F3/1E#5/33#79#E@4#D7;E-D/3#D4331#E@/E#E@4.#@/G4#F404E;/E42U#-E#-1# E@4;497;4#3-K43.#E@/E#E@4#1.CB-71-1#-0E4;9/D4#4I-1E1#-0#E@-1#37D/34#MR/;I#4E#/3J<#?ZZ?NJ#

PAGE 26

# ?^ # '@-1#-0E4;9/D4#-1#B43-4G42#E7#B4#E@4#1-E4#79#0HE;-40 E#4ID@/084#B4E5440#E@4#F3/0E#/02# %R#9H08-J# # # O.F@/3#8;75E@#/317#D70E-0H41#7HE1-24#E@4#F3/0E#;41H3E-08#-0#/0#4IE401-G4# 9H08/3#C.D43-HCJ#'@-1#04E57;K#-1#K4.#-0#7BE/-0-08#E@4#F@71F@/E4#F;7G-242#E7#E@4# @71E L F3/0E#1-0D4#-E#1-80-9-D/0E3.#-0D;4/141#E@4#/B17;FE-G4 #/;4/#79#E@4#F3/0E#/02# F;7G-241#/#B4EE4;#/DD411#E7#5/E4;#/1#5433#M+HC#/02#O-;1D@<#=>>WNJ#:7;#/0#-33H1E;/E-70# 79#E@4#D7CF34E4#%R#3-94D.D34#;494;#E7#9-8H;4#?JWJ # # #

PAGE 27

# ?] # # :-8H;4#?JW #'@4#3-94 L D.D34#79#/0#%R#1.CB-70EJ#*H;-08#E@4#/1.CB-7E-D#F@/14#ME75/;2# D40E4; L 349EN #E@4#1F7;4#B48-01#E7#84;C-0/E4#703.#/9E4;#F4;D4-G-08#E@4#F;4140D4#79#/# F3/0E#;77EJ#(0E4;D433H3/;#/02#4IE;/;/2-D/3#@.F@/4#B48-0#8;75-08#D70DH;;40E3.J# (0E;/D433H3/;#@.F@/4#4IE402#-0E7#E@4#;77E#9;7C#E@4#1F7;4#9H;E@4;#24G437F-08# /FF;4117;-/J#'@4#@.F@/4#F404E;/ E4#E@4#F3/0E#;77E#H0E-3#;4/D@-08#E@4#;77Ea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

PAGE 28

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a1#4F-24;C/3#D4331#;/E@4;#E@/0#B.#F404E;/E-70#79#E@4#4F-24;C/3# D4331#B.#EH;87;#97;D4#/1#-1#1440#-0#E@4#%R#M)C-E@#/02#$4/2<#=>>]NJ#(0#84 04;/3<#G4;.# 3-EE34#-0E;/D433H3/;#F404E;/E-70#-1#7B14;G42J#,R#@.F@/4#B;/0D@#/02#D70E-0H4#E7# F404E;/E4#B4E5440#E@4#4F-24;C/3#D4331#97;C-08#/#@-8@3.#2-G-242#1E;HDEH;4J#'@4# D@/;/DE4;-1E-D#7;8/0#97;C42#B.#,R#-1#/#1E;HDEH;4#D/3342#E@4#C/0E34<#5@-D@#97;C1# /;7H02# /02#40D37141#E@4#;77E#M)C-E@#/02#$4/2<#=>>]NJ##:H08-#97;C-08#,R#1.CB-7141# D7C4#9;7C#E@4#9H08/3#F@.3/#%1D7C.D7E/#/02#!/1-2-7C.D7E/J##!4-08#3411#5-241F;4/2<# E@4#,R#1.CB-7141#@/G4#B440#7B14;G42#-0#F3/0E1#79#E@4#F@.3/#V.C071F4;C/4#/02# %08-71F4;C/4<#BHE#5-E@-0# E@414#F@.3/#4DE7C.D7;;@-A/4#/;4#;41E;-DE42#C/-03.#E7#

PAGE 29

# => # 5772.#F4;400-/3#F3/0E1#M)C-E@#/02#$4/2<#=>>]NJ#(0#D70E;/1E#E7#%R<#F;7B/B3.#703.# /;7H02#Wj#79#1442#F3/0E1#/;4#4DE7C.D7;;@-A/3#MR4.4;<#?Z^WNJ # # ,R#D/0#24G437F#9;7C#E@4#1/C4#E.F41#79#-007DH3HC#/1#E@4#%R#9H08 -J#'@4# -094DE-70#F;7D411#79#,R#-1#1-C-3/;#-0#17C4#1E4F1#BHE#2-994;40E#-0#C4D@/0-1C#9;7C#E@4# -094DE-70#F;7D411#-0#%R#M)C-E@#/02#$4/2<#=>>]NJ#)F7;4#84;C-0/E-70#-1#97337542#B.# E@4#2-;4DE-70/3#8;75E@#79#@.F@/4#E75/;21#/#F3/0E#;77E#MR/11-D7EE4#4E#/3J<#?Z]ZU# '@7 C170#4E#/3J<#?Z]ZNJ#c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

PAGE 30

# =? # # # :-8H;4#?J[ #'@4#2-994;40D41#B4E5440#%R#/02#,R#D/0#D34/;3.#B4#1440#-0#E@-1# -33H1E;/E-70J#(0#/22-E-70<#E@4#D@/;/DE4;-1E-D#94/EH;41#79#B7E@#1.CB-71-1#D/0#B4#1440J#X0# E@4#1-24#24F-DE-08#E@4#,R#M349EN#E@4#O/;E-8#04E#/02#C/0E34#/;4#24F-DE42< #BHE#07# -0E;/D433H3/;#F404E;/E-70J#(0#D70E;/1E<#/;BH1DH341#/02#D34/;#-0E;/D433H3/;#F404E;/E-70# D/0#B4#1440#-0#E@4#%R#M9;7C#!709/0E4#/02#V40;4<#=>?>NJ 78H!!Q)%)60(!-60:-.!&2!64:;&1:0 # :-;1E<#/#2-1E-0DE-70#CH1E#B4#C/24#B4E5440#E57#E4;C1<#;@-A7B-HC#/02# ;@-A7 B-/J#$@-A7B-/#-1#/#B;7/24;#E4;C#;494;;-08#E7#/33#0-E;7840 L 9-I-08#B/DE4;-/#97;C-08# ;77E#072H34#/02#1.CB-7141#5-E@#348HC-07H1#F3/0E1U#E@414#B/DE4;-/#CH1E#/317#HE-3-A4# 072#84041#M)@E/;K#4E#/3J<#=>?>NJ#&72H3/E-08#B/DE4;-/#@/G4#DH;;40E3.#B440#-240E-9-42# -0#^\#1 F4D-41#5-E@-0#?W#8404;/#Mn4-;<#=>?>NJ#$@-A7B-/3#B/DE4;-/#@/G4#17#9/;#703.# B440#7B14;G42#5-E@-0#E@4#F@.3HC#`;7E47B/DE4;-/J#'@4#C/T7;-E.#79#;@-A7B-/3#B/DE4;-/# B43708#E7#E@4#7;24;#$@-A7B-/341<#@754G4;<#0-04#1F4D-41#@/G4#B440#-240E-9-42#-0#E@4# 7;24;#!H;K@7324; -/341#M n4-;<#=>>\U#n4-;<#=>?> NJ#'@4#7;24;#$@-A7B-/341#D70E/-01#

PAGE 31

# == # 072H3/E-08#B/DE4;-/#-0#E40#8404;/#5-E@-0#1-I#9/C-3-41<#/33#79#5@-D@#@/G4#B440# 7B14;G42#E7#D70E/-0#;@-A7B-/3#B/DE4;-/# M+-CF401#/02#!-11433-08<#=>>WU#n4-;<#=>>\U# n4-;<#=>?>N J#'@4#0-04#1F4D-41#79# ;@-A7B-/3#B/DE4;-/#5-E@-0#7;24;#!H;K@7324;-/341# B43708#E7#E57#9/C-3-41#5-E@-0#E@;44#14F/;/E4#8404;/J#'/B34#?J=#B;4/K1#E@-1#2750#-0#/# C7;4#4/1-3.#7B14;G/B34#D@/;EJ# !"#$%&#'( #-1#E@4#E-E34#97;#/#1F4D-9-D#840H1#79#17-3# C-D;7B4#E@/E#F/;E-D-F/E41#-0#0-E;7840#9-I /E-70#/02#97;C/E-70#79#CHEH/3-1E-D#1.CB-7E-D# ;43/E-701@-F1#5-E@#348HC-07H1#F3/0E1# M+-CF401#/02#!-11433-08<#=>>WU#n4-;<#=>>\U# n4-;<#=>?>N J# # '/B34#?J= # # /0B&%&,:#!?C-(:%)!&2!R0#-)6:0!K&6,:%+!94:;&1:0(!F=,1:&.). # '@-1#3-1E#F;7G-241#/#D34/;4;#G-45#79#E@4#E/I707 C-D#8;7HF1<#5@-D@#D70E/-0#B/DE4;-/# E@/E#97;C#;@-A7B-/3#1.CB-7141J#!7E@#1.CB-7E-D#7;24;1#B43708#E7#E@4#F@.3HC# `;7E47B/DE4;-/#M/2/FE42#9;7C#n4-;<#=>>\NJ # E4=(C,>!E6&-)&10#-)6:0 ?6*)6>!94:;&1:0().! ! ?6*)6>!RC6$4&(*)6:0(). # # :/C-3.e# !"#$%&#-,*-* # # # # # # :/C-3 .e# ;'4<"%.6*4#-,*-* # # # # V40H1e# !"#$%&#'( # # # # # # V40H1e# ;'4<"%.6*4#2 # # # V40H1e# +51#=*42 M 9#5%4"#$%&#'(> # # # V40H1e# ?'04#-:#6'1 2 # # # V40H1e# 9"#5*..2 2 2 2 2 :/C-3.e# @A-.%&-,)*4-,*-* # # # :/C-3.e# ;4',*..-,*-* # # # # # # # V40H1e 2B*4&-10#4#..'( 2 # # # V40H1e 2@,"4%&-,)4'(2 2 2 2 2 2 # # :/C-3.e # C"/..%&-,)*4#-,*-* # # # # V40H1e# C"/..%&-,)*4#'( 2 # # # V40H1e# 7*1%4"#$%&#'( # # # :/C-3.e# ;4-6/4"#$%&#-,*-* # # # # V40H1e# ;4-6/4"#$%&#'( # # # :/C-3.e# B/0"%(#,4%&#-,*-* 2 # # # V40H1e# D$%4"#$%&#'( # # # # V40H1e# E*:%1#2 # # :/C-3.e# 7*)"/.%&-,)*4#-,*-* # # # # V40H1e# 7*)"/.%&-,)*4#'( # # !

PAGE 32

# =W # # # # # # # # # '@4#E4;C#;@-A7B-/#5-33#B4#H142#E7#241D;-B4#B;7/23.#E@4#8;7HF#79#B/DE4;-/# 97;C-08#E@414#1.CB-7141J# '@4#F;-C/;.#D70E;-BHE-70#79#;@-A7B-/#E7#E@4#@71E#F3/0E#-1# E@4#9-I-08#79#0-E;7840J#'@4#1-EH/E-70#5-E@#;@-A7B-/#-1#-0#1E/;K#D70E;/1E#E7#E@/E#79#E@4# F;7C -1DH7H1#C.D7;;@-A/4J#n@40#1F4/K-08#/B7HE#@71E L 1F4D-9-D-E.<#;@-A7B-/#-0E4;/DE# 4ID3H1-G43.#5-E@#F3/0E1#9;7C#E@4#9/C-3.#:/B/D4/4#M348HC-07H1#F3/0E1N<#/02<#-0#C71E# D/141#703.#/#945#1F4D-41#79#F3/0E1#5-E@-0#E@/E#9/C-3.#79#F3/0E1#M*r0/;-r#4E#/3J<#?ZZ=NJ# O71E#1F4 D-9-D-E.#-1#/0#-CF7;E/0E#2-994;40D4#B4E5440#;@-A7B-/3#/02#C.D7;;@-A/3# /117D-/E-701J#'@-1#2-994;40D4#-0#@71E#1F4D-9-D-E.#79#E@4#1.CB-70E1#-1#24F40240E#HF70#/# G/;-4E.#79#9/DE7;1#E@/E#5-33#B4#/22;41142#-0#E@4#04IE#D@/FE4;J# # # '@4#;@-A7B-/3#-094DE-70#F;7D411#2994;1#13-8@E3.#9;7C#E@4#-094DE-70#F;7D411#79# C.D7;;@-A/4J#(0#;41F7014#E7#/0#4ID@/084#79#1-80/31#B4E5440#E@4#B/DE4;-/#/02#@71E# ;77E<#DH;3-08#79#E@4#;77E#@/-;#E75/;2#E@4#B/DE4;-/#-1#1E-CH3/E42#M).3G41E4; L !;/234.#4E# /3J<#?Z]]U#,C701#/02#RH324;<#=>>>U#,1143-08 #4E#/3J<#=>>WNJ#X0D4#E@4#;@-A7B-/#B4D7C4# /EE/D@42#E7#E@4#;77E#@/-;<#E@4.#/;4#1E-CH3/E42#E7#CH3E-F3.J#'@-1#-0E401-9-41#E@4#;77E# @/-;#DH;3-08<#5@-D@#E@40#B48-01#40G437F-08#E@4#B/DE4;-/#-0#E@4#D@/;/DE4;-1E-D# 1@4F/;2a1#D;77K#M).3G41E4; L !;/234.#4E#/3J<#?Z]]U#,C 701#/02#RH324;<#=>>>U#,1143-08# 4E#/3J<#=>>WNJ##$77E#@/-;#DH;3-08#-1#;4/2-3.#7B14;G42#H024;#/#C-D;71D7F4#/02#D/0#B4# H142#/1#/#2-/8071E-D#E773#5@40#24E4;C-0-08#5@4E@4;#7;#07E#/#F3/0E#D70E/-01# ;@-A7B-/J#'@4#04IE#1E4F#-0#-094DE-70#-1#E@4#24G437FC40E#79#/0#-094 DE-70#E@;4/2# 4IE402-08#-0E7#E@4#F3/0E#;77Ea1#D7;E-D/3#D4331#/3375-08#E@4#;@-A7B-/#E7#F404E;/E4#-0E7# E@4#D7;E-D/3#D4331#M`/;0-1K4<#=>>]NJ##(094DE-70#E@;4/21#24G437F#E@;7H8@#E@4# -0G/8-0/E-70#79#E@4#F3/0E#F3/1C/#C4CB;/04#/02#E@4#24F71-E-70#79#D433#5/33#C/E4;/3# M`/;0-1K4<#=>>]NJ#(094DE-70#E@;4/2#97;C/E-70#34/21#E7#/0#4IE40242#F4;-72#79#D7;E-D/3#

PAGE 33

# =[ # D433#2-G-1-70<#5@-D@#4G40EH/33.#F;72HD41#/#072H34#M*/AA7<#?Z]>U#`/;0-1K4<#=>>]NJ# # :-8H;4#?JY #(33H1E;/E-70#79#B/DE4;-/3#-094DE-70#E@;4/2#24G437FC40EJ#&7E-D4#E@4# 1-C-3 /;-E.#79#E@4#F4;L -094DE-70#E@;4/2#C4CB;/04#E7#E@4#F4;-9H08/3#C4CB;/04# 24G437F42#-0#E@4#C.D7;;@-A/3#1.CB-71-1#M9;7C#`/;0-1K4#=>>]NJ # # # &72H341#D/0#B4#704#79#E57#E.F41<#4-E@4;#24E4;C-0/E4#7;#-024E4;C-0/E4# M`411/;/K3-<#=>>YNJ##'@4#E.F4#79#072H34#97;C42#-1#24F 40240E#HF70#E@4#1F4D-41#79#E@4# @71E#F3/0EJ#*4E4;C-0/E4#072H341#@/G4#/#C4;-1E4C#703.#B;-493.#5@4;4/1# -024E4;C-0/E4#072H341#@/G4#/#F4;1-1E/0E#C4;-1E4C#M`411/;/K3-<#=>>YNJ##*4E4;C-0/E4# 072H341#/;4#/317#;7H02#5@4;4#-024E4;C-0/E4#072H341#@/G4#/0#43708/E42#1@/F4 #/02# D/0#B4#C7;4#B;/0D@42#M`411/;/K3-<#=>>YNJ# # # '@4#B/DE4;-/#/;4#E/K40#-0E7#E@4#072H34#G-/#4027D.E71-1#/02#E@40#2-994;40E-/E4# -0E7#B/DE4;-7-21#1H;;7H0242#B.#/#F4;-B/DE4;-7-2#C4CB;/04J#'@-1#C4CB;/04#-1#E@4#

PAGE 34

# =Y # -0E4;9/D4#B4E5440#E@4#B/DE4;-/#/02#E@4#F3/0E1#M).3G 41E4; L !;/234.#4E#/3J#?Z]]NJ#,/D@# 072H34#8404;/33.#D70E/-01#B4E5440#?#/02#]#B/DE4;-7-21#M).3G41E4; L !;/234.#4E#/3J# ?Z]]NJ#%317#D70E/-042#5-E@-0#E@4#072H34#-1#E@4#C734DH34#348@4C7837B-0<#5@-D@# F;7G-241#/EC71F@4;-D#7I.840#E7#E@4#/4;7B-D#B/DE4;-7-21#M%FF34B.#?Z ^[NJ#%E#E@-1# F7-0E#E@4#B/DE4;-/#B48-0#E7#F4;97;C#E@4-;#F;-C/;.#9H0DE-70<#0-E;7840#9-I/E-70#E@;7H8@# F;72HDE-70#79#E@4#40A.C4#&-E;7840/14#M144#4PH/E-70#?J?NJ# # # ,PH/E-70#?J? #,PH/E-70#97;#E@4#0-E;7840/14 L D/E/3.A42#;42HDE-70#79#/EC71F@4;-D# 0-E;7840#E7#/CC70-/J #'@4#;4/DE-70#;4PH-;41#/#3/;84#-0FHE#79#@.2;7840#/02#434DE;701<# E@-1#04D411-E/E41#/02#/0#404;84E-D#-0FHE#E@;7H8@#%'`#@.2;73.1-1#M9;7C#$7E@#4E#/3J<# =>?>NJ# # # # &-E;7840/14#-1#/0#40A.C4#D/F/B34#79#B;4/K-08#E@4#G4;.#1E;708#E;-F34#B702# 97H02#-0#& =<# ;42HD-08#-E#E 7#E57#C734DH341#79#&O W <#/#94/E#E@/E#F3/0E1#/;4#-0D/F/B34#79# 70#E@4-;#750#M).3G41E4; L !;/234.#4E#/3J#?Z]]U#`4E4;1#4E#/3J#?ZZYU#$7E@#4E#/3J<#=>?>NJ# &-E;7840/14#-1#D7CF7142#79#E57#F;7E4-01<#0/C43.#/0#:4#F;7E4-0#/02#/0#R7 L :4# F;7E4-0#M )449432#4E#/3J<#=>>[U# $7E@# 4E#/3J<#=>?>NJ#'@4#:4#F;7E4-0#D70E/-01#E@4#%'`# @.2;73.1-1#1-E4<#E@-1#1-E4#9H0DE-701#E7#F;7G-24#434DE;701#E7#E@4#R7 L :4#F;7E4-0<#5@4;4# 1HB1E;/E4#B-02-08#/02#/DE-G/E-70#7DDH;J##:4#-1#703.#D/F/B34#79#F;7G-2-08#704#E7#E57# 434DE;701#/E#/#E-C4<#E@4;497;4<#14G4;/3 #%'` L 24F4240E#/117D-/E-70 L 2-117D-/E-70#F@/141# 7DDH;#-0#7;24;#97;#E@4#R7 L :4#F;7E4-0#E7#/DPH-;4#E@4#04D411/;.#/C7H0E#79#434DE;701#E7# D/;;.#7HE#E@4#;42HDE-70#M )449432#4E#/3J<#=>>[U# $7E@#4E#/3J<#=>?>NJ#&-E;7840/14#-1#/317# -CF7;E/0E#-0#9/D-3-/E-08#E@4#E;/01F7;E #79#/CC70-/J#`3/0E1#/;4#H0/B34#E7#E;/01F7;E# E7I-D#/CC70-/#5-E@-0#E@4-;#I.34C#1/F<#@754G4;<#E@4#072H341#/;4#D/F/B34#79#

PAGE 35

# =\ # -0D7;F7;/E-08#/CC70-/#-0E7#H;4-241#/02#/C-241#97;#1/94#E;/01F7;E#HF#E@4#F3/0E# M+45-1<#?Z]\NJ#'@414#1.CB-70E1#/;4#PH-E4#499-D-40E#/E#5@/E#E @4.#27#/1#E@4.#/;4# 41E-C/E42#E7#9-I#C7;4#0-E;7840#57;325-24#E@/0#D7CC4;D-/3#94;E-3-A4;#D7CF/0-41# M)C-3<#=>>=NJ # 78J!/4).:.!&@)6@:)' cF70#4I/C-0-08#E@4#-094DE-70#F;7D41141#79#E@414#E57#/117D-/E-701#14G4;/3# F7-0E1#79#1-80/3#4ID@/084#D/0#B4#;4/2-3.#7B14;G42J# (0#E@4#D/14#79#C.D7;;@-A/4<# 2-;4DE-70/3#@.F@/3#8;75E@#E75/;21#/#@71E#;77E#-02-D/E41#F4;D4FE-70#79#/#1-80/3# 4C-EE42#B.#E@4#F3/0E#;77EJ#(0#E@4#D/14#79#;@-A7B-/#E@4#2-;4DE-70/3#DH;3-08#79#E@4#F3/0E# ;77E#@/-;1#-1#-02-D/E-G4#79#F4;D4FE-70#79#/#1-80/3#7;-8-0/E-0 8#9;7C#E@4#B/DE4;-/#B4-08# F4;D4-G42#B.#E@4#F3/0E#;77EJ##!7E@#1.CB-70E1#/;4#F4;D4-G42#B.#E@4#F3/0E1#/1# F404E;/E-70#B.#B7E@#1.CB-70E1#;4PH-;41#/#@-8@#34G43#79#F3/0E#/DD7CC72/E-70J#%DE-G4# F;4F/;/E-70#B.#E@4#F3/0E#F;-7;#E7#E@4#/;;-G/3#79#4/D@#1.CB-70E#-1#D34/; 3.#-02-D/E-G4#79# 1.CB-70E L 24;-G42<#2-99H1-B34#1-80/3-08#C734DH341#B4-08#F4;D4-G42#F;-7;#E7#E@4#/;;-G/3# 79#E@4#1.CB-70E1J# # # # *41F-E4#24D/241#79#-0G41E-8/E-70<# C/0.#79#E@4#@71E#;4D780-E-70#C4D@/0-1C1# /02#1-80/3-08#F/E@5/.1#-0G73G42#-0#E@-1#F;7D411#/;4#1E-33# 07E#9H33.#H024;1E772 J##'@4# ).CB-7E-D#M).CN#F/E@5/.#-1#/#D7CC70#F/E@5/.#/DE-G/E42#B.#B7E@#;@-A7B-/#/02# C.D7;;@-A/4#/02#-E#-1#K4.#-0#41E/B3-1@C40E#79#E@414#E57#1.CB-7141J##RHD@#79#E @4#).C# F/E@5/.#E@/E#34/21#E7#E@4#41E/B3-1@C40E#79#B7E@#C.D7;;@-A/3#/02#;@-A7B -/3# 1.CB-7141#@/1#.4E#E7#B4#F-4D42#E784E@4;#-0#-E1#40E-;4E.<#@754G4;<#E@4#8404;/3# 1-80/3-08#4G40E1#E@/E#7DDH;#/;4#;4/170/B3.#5433#41E/B3-1@42J# #

PAGE 36

# =^ # # O71E L 1F4D-9-D-E.#-1#/317#/0#-CF7;E/0E#1HBT4DE#5@40#2-1DH11-08#1-80/3-08# 1-C-3/;-E-41#/02#2-994;40D41#B4E5440#E@ 414#E57#1.CB-7E-D#;43/E-701@-F1J#%1#E@-1#-1# 704#79#E@4#/;4/1#-0#5@-D@#E@4#E57#;43/E-701@-F1#G/;.#E@4#C71E#M;@-A7B-/#B4-08#@-8@3.# 1F4D-9-D#/02#C.D7;;@-A/4#B4-08#@-8@3.#F;7C-1DH7H1N#H024;1E/02-08#E@4#D7CC70# G4;1H1#2-994;40E#C4D@/0-1C1#HE-3-A42#B.#E@4#E57#1.C B-70E1#E7#D7094;#@71E L 1F4D-9-D-E.# 5-33#F;7G-24#8;7H0257;K#97;#H024;1E/02-08#E@4#4G73HE-70/;.#7;-8-01#79#E@4#E57# F/E@5/.1J# # # (E#-1#-CF711-B34#E7#-0E;72HD4#4-E@4;#79#E@414#E57#1HBT4DE1#5-E@7HE#9-;1E# -0E;72HD-08#E@4#40E-;4#).C#F/E@5/.#/02#/22;411-08#E@4#1-80/ 3-08#2-994;40D41#1440# B4E5440#E@4#C.D7;;@-A/4#/02#;@-A7B-HC#-0#E@-1#F/E@5/.J#'@4;497;4<#E@-1#1HBT4DE#5-33# B4#2-1DH1142#-0#24FE@#-0#D@/FE4;#WJ#n@/E#-1#-CF7;E/0E#E7#K075#/1#/#8404;/3# -0E;72HDE-70#-1#E@/E#/DE-G/E-70#79#E@-1#F/E@5/.#7DDH;1#2H;-08#E@4#-07DH3/E70#F;7D411# 5-E@#B7E@#C.D7;;@-A/4#/02#;@-A7B-/#M )E4-0K43304;#4E#/3J<#=>>^U# !HD@4;<#=>?>NJ# O754G4;<#E@4#F/E@5/.#-1#/DE-G/E42#B.#2-994;40E#C4D@/0-1C1<#/02#E@7H8@#E@4#1/C4# F/E@5/.#-1#/DE-G/E42<#E@4#84041#HF;48H3/E42#/1#/#;41H3E#E@-1#G/;.#B4E5440#E@4#E57# 1.CB-7 0E1#M )@E/;K#4E#/3J<#=>?>N J#XE@4;#7BG-7H1#F7-0E1#79#1-80/3-08#2-G4;840D4#7DDH;# /1#B7E@#1.CB-7141#G/;.#17#5-243.#-0#1F4D-9-D-E.#M`/;0-1K4<#=>>]NJ # '@4#1.C#84041#/;4#/#14E#79#84041<#/E#34/1E#14G40#79#5@-D@#/;4#CHEH/33.# /DE-G/E42#B.#B7E@#;@-A7B-/#/02#C.D7;;@-A /4#M`/;0-1K4<#=>>]NJ#RHEH/3#/DE-G/E-70#79# E@414#14G40#84041#-1#17C4E-C41#H142#/1#4G-240D4#79#3/E4;/3#8404#E;/0194;#B4E5440# E@4#C.D7;;@-A/4#/02#;@-A7B-/J#'@4#F711-B-3-E.#79#3/E4;/3#8404#E;/0194;#B4E5440#E@414# 1.CB-70E1#-1#E@4#1HBT4DE#79#D@/FE4;#[#79#E@-1#E@ 41-1J#'@414#84041#D724#97;#/#G/;-4E.#79#

PAGE 37

# =] # C734DH341#E@/E#/;4#/DE-G4#-0#E@4#).C#F/E@5/.J#(0E4;41E-083.<#E;/01D;-FE-70#79#E@4#).C# 84041#-1#E@4#27501E;4/C#;41H3E#79#E@4#).C#F/E@5/.#-E1439#M`/;0-1K4<#=>>]NJ#%1#E@4# ;41F4DE-G4#F;7E4-01#40D7242#B.#E@-1#8404#14E#/;4 #/DE-G4#-0#E@4#).C#1-80/3-08#F/E@5/.# /#C7;4#-0 L 24FE@#2-1DH11-70#79#E@414#84041#5-33#B4#H024;E/K40#973375-08#/0# -0E;72HDE-70#E7#E@4#).C#1-80/3-08#F/E@5/.J# # 78S!3&%#(C.:&% # &75#E@/E#8;7H0257;K#97;#H024;1E/02-08#C.D7;;@-A/3#/02#;@-A7B-/3# 1.CB-70E1#@/1#B440#3/ -2<#C7;4#/2G/0D42#E7F-D1#D/0#B4#2-1DH1142J#(094DE-70#D/0#B4# B;7/23.#B;7K40#2750#-0E7#1-C-3/;#1E4F1#97;#B7E@#%R#/02#;@-A7B-/J#`7-0E1#79#1-80/3-08# D70G4;840D4#/02#2-G4;840D4#5-33#B4#-0G41E-8/E42<#/1#5-33#E@4#4G73HE-70/;.#7;-8-01#79# B7E@#C.D7;;@-A/3#9H08-#/02 #;@-A7B-/3#B/DE4;-/J # # (0#E@-1#E@41-1#E@4#4D7378-D/3#-CF7;E/0D4#79#C.D7;;@-A/3#/02#;@-A7B-/3# /117D-/E-701#5-33#/317#B4#241D;-B42J#!7E@#1.CB-70E1#@/G4#;43/E-G43.#3/;84# 8478;/F@-D/3#2-1E;-BHE-70U#C.D7;;@-A/4#/117D-/E4#5-E@#C7;4#E@/0#^>j#79#/33#3/02# F3/0E1#/02 #/;4#E@7H8@E#E7#B4#F;4140E#-0#/3C71E#/33#E;7F-D/3#/02#E4CF4;/E4#97;41E1# M)C-E@#/02#$4/2<#=>>]NJ#$@-A7B-/#/117D-/E4#5-E@#C4CB4;1#79#E@4#F3/0E#9/C-3.# :/B/D4/4<#5@-D@#-1#2-G4;14#8;7HF#E@/E#-1#5-243.#2-1E;-BHE42#8478;/F@-D/33.J#'@-1# -CF3-41#E@/E#/0.#4D7378-D/3 #-CF3-D/E-701#E@414#1.CB-70E1#@/G4#57H32#B4#5-243.# /FF3-D/B34J#'@40<#E@4#C4E@721#B.#5@-D@#F3/0E#/DD7C72/E-70#7DDH;1#97;#B7E@# 1.CB-70E1#/02#E@4#C4D@/0-1C1#H142#E@/E#/3375#B7E@#1.CB-70E1#E7#HE-3-A4#E@4# D7CC70#).CB-7E-D#F/E@5/.#5-33#/317#B4#2-1DH1142J#'@4#H14 #79#E@-1#F/E@5/.#/1# 4G-240D4#97;#/#C.D7;;@-A/3#7;-8-0#79#E@4#;@-A7B-/3#H14#79#E@4#).C#F/E@5/.#5-33#B4#

PAGE 38

# =Z # /0/3.A42J#:-0/33.<#E@4#4G73HE-70/;.#4G40E1#E@/E#@/G4#342#E7#E@4#;@-A7B-/3#H14#79#E@4# ).CB-7E-D#F/E@5/.#5-33#B4#2-1DH1142#-0#D@/FE4;#[#/02#4IF4;-C40E/3#4G240D4#9;7C#/# D7CFHE/E-70/3#/0/3.1-1#79#;@-A7B-/3#072#84041#H142#E7#4G/3H/E4#E@4#F7E40E-/3#97;# @7;-A70E/3#8404#E;/0194;#-0#9/D-3-E/E-08#E@4#H14#79#E@-1#F/E@5/.#5-33#B4#FHE#97;E@J # # c024;1E/02-08#E@4#1-80/3-08#4G40E1#D70E;733-08#E@414#;43/E-701@-F1#-1#K4.#-0# @/;0411-08#E@4-;#H0-PH4#/B-3-E.#E7#9-I#0-E;7840#/02#/DD411#-CC7B-34#F@71F@/E4J#'@-1# -1#E@4#97DH1#79#CHD@#/8;-DH3EH;/3#;414/;D@#/02#704#79#E@4#F;/DE-D/3#/FF3-D/E-701#79# E@-1#B/1-D#;414/;D@J#(CF34C40E-08#H14#79#C.D7;;@-A/3#9H08-#/02#;@-A7B-/3<#41F4D-/33.# -0# ;48-701#79#F77;#17-3#PH/3-E.<#D7H32#@43F#-CF;7G4#D;7F#.-432#/02#;42HD4#E@4#0442#97;# 94;E-3-A4;1#M`/340D@/;<#=>>[U#V713-08#4E#/3J<#=>>\NJ # # #

PAGE 39

# W> # $=;>9?:!LA!*!:DE?!MD:!8HI7BDF98!BF!G:BJBFN!>^NJ##675341a#F/F4;1#97DH142#70# E@4#-0E4;;43/E-701#79#E@4#F3/0E#1F4D-41#37D/E42#7 0#E@4#1/02#2H041#B7;24;-08#+/K4# R-D@-8/0J#(0#E@414#F/F4;1#675341#F;4140E42#E@4#E@40#07G43#-24/#E@/E#E@4#2-994;40E# /842#1/02#2H041#C/.#-02442#B4#1/02#2H041#-0#2-994;40E#1E/841#79#/#F;42-DE/B34#D.D34<# /02#E@/E#E@4#2-994;40E#E.F41#79#G484E/E-70#70#4/D@#2H04#D 7H32#B4#F/;E#79#E@-1#F;7D411J## '@-1#;4/3-A/E-70#342#675341#E7#9H;E@4;#1EH2.#E@4#G/;-42#F3/0E#D7CCH0-E-41#70#E@414# 2H041#/02#E7#F;7F714#/#F/;E-DH3/;#14PH40D4#79#F;-C/;.#1HDD411-70#97;#E@4#2H041# M675341<#?]ZZU#675341<#?Z??NJ # # )HDD411-70/3#E@47;-41#@/G4#F;78; 41142#PH-E4#/#B-E#1-0D4#675341a#9-;1E# F;7F7142#@-1#E@47;.J#'@4#1HBT4DE#5/1#PH-DK3.#;4/3-A42#E7#B4#CHD@#C7;4#D7CF34I# E@/0#675341#D7H32#@/G4#40G-1-7042J#675341#E77K#/#1-CF3-9-42#/FF;7/D@<#1H8841E-08# E@/E#E@4#F3/0E#D7CCH0-E-41#/35/.1#F;7D442#-0#E@-1#F;42-DE/B 34#C/004;#9;7C#704# 27C-0/0E#1F4D-41#E7#E@4#04IE#M634C40E1<#?Z?\NJ#n@-34#E@4#C/004;#-0#5@-D@#1F4D-41#

PAGE 40

# W? # D7CF71-E-70#D@/0841#-1#-0#17C4#5/.1#F;42-DE/B34<#-E#-1#;43-/0E#HF70#/#5@734#@71E#79# 40G-;70C40E/3#9/DE7;1#1HD@#/1#D@/0841#-0#E4CF4;/EH;4#/02#C7-1EH;4#34G431 J#(0# /22-E-70<#2-1EH;B/0D41#1HD@#/1#9-;41#7;#14G4;4#1E7;C1#54;4#24E4;C-042#E7#F3/.#/# 3/;84#;734#-0#1HDD411-70#M)E722/;2<#?ZW?U#)E722/;2<#?Z\=NJ# # # # '@4#1375#F;78;411#-0#E@4#H024;1E/02-08#79#1HDD411-70#-1#7542#E7#E@4#1-A4#/02# 2-G4;1-E.#79#4D7378-D/3#D7CCH0-E -41J#n@40#1EH2.-08#4D7378-D/3#D7CCH0-E-41#-E#-1# /3C71E#/11H;42#E@/E#9/DE7;1#D70E;-BHE-08#E7#5@/E4G4;#-1#B4-08#1EH2-42#5-33#B4# 7G4;377K42J#:7;#E@-1#;4/170#7H;#H024;1E/02-08#79#1HDD411-70#@/1#B440#/#1E4FF-08# 1E704#F;7D411<#E@4#;7341#79#G/;-7H1#9/DE7;1#B4-08# ;4/3-A42#/02#E/K40#-0E7#/DD7H0E#B.# G/;-7H1#1D-40E-1E1#1-0D4#675341J#%#945#79#E@4#h1E4FF-08#1E704i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`;-C/;.#1HDD411-70#;494;1#E7# E@4#7;24;3.#D701E;HDE-70#79#/0#4D71.1E4C#-0#/0#40G-;70C40E#F;4G-7H13.#24G7-2#79# 0HE;-40E1<#5@4;4#/#17-3#3/.4;#@/1#.4E#E7#B4#41E/B3-1@42#M!48 70#4E#/3J<#=>>\U#,C4;.<# =>?>NJ#)4D702/;.#1HDD411-70#;494;1#E7#1HDD411-70#E@/E#;41H3E1#9;7C#17C4#17;E#79#

PAGE 41

# W= # 2-1EH;B/0D4<#/02#7DDH;1#-0#/0#/;4/#5-E@#/#1HB1E;/E4#E@/E#F;4G-7H13.#1HFF7;E42# G484E/E-70#M!4870#4E#/3J<#=>>\U#,C4;.<#=>?>NJ# # # (0#F;-C/;.#1HDD411-70<#F3/ 0E#D7CCH0-E-41#F;7D442#E@;7H8@#G/;-7H1# -0E4;C42-/E4#7;#14;/3#1E/E41#9;7C#/0#4D71.1E4C#F;4G-7H13.#24G7-2#79#0HE;-40E1#E-33# E@4.#97;C#/#070 L 1E4/2.#1E/E4#D3-C/I#D7CCH0-E.#M!4870#4E#/3J<#=>>\U#,C4;.<#=>?>NJ#%# D3-C/I#D7CCH0-E.#-1#704#-0#5@-D@#E@4#C/I-CHC#HE-3-A /E-70#79#/0#4D71.1E4Ca1# ;417H;D41#-1#7DDH;;-08#Mn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

PAGE 42

# WW # 1E/B34#D7CCH0-E.#;4F3/D41#/#F;4G-7H1#F3/0E #D7CCH0-E.#-0#/#F;42-DE/B34#/02#5433# 7;8/0-A42#5/.#H0E-3#/#D3-C/I#D7CCH0-E.#-1#;4/D@42#M634C40E1<#?Z?\U#"7H08#4EJ#/3J<# =>>?NJ # # n@-34#/0#437PH40E#E@47;.<#E@4#D7CCH0-E. L ;4F3/D4C40E#C7243#9/-31#E7#E/K4# -0E7#/DD7H0E#E@4#0/EH;4#79#2-1EH;B/0D41#-0#1HDD411-70#M`4 4E#/02#6@;-1E40140<#?Z]>U# *4!/07#?ZZ]NJ#'@4#D7CCH0-E. L ;4F3/D4C40E#G-45#/11HC41#E@/E#/#D7CCH0-E.# 2-1/FF4/;1#973375-08#/#2-1EH;B/0D4#/02#-1#;4F3/D42#B.#/#D7CCH0-E.#9;7C#/0#4/;3-4;# 1E/84#79#1HDD411-70<#5@-D@#2741#07E#H1H/33.#7DDH;#4ID4FE#-0#E@4#D/14#79#14G4;4 # 2-1EH;B/0D41#7;#-0#D7CCH0-E-41#1HD@#/1#8;/113/02#D7CCH0-E-41#-0#5@-D@# 2-1EH;B/0D41#1HD@#/1#9-;41#7DDH;#9;4PH40E3.#M`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a1#14421#5-33#B4#E@4#9-;1E#E7#B4 #/B34#E7#E/K4#/2G/0E/84#79#E@4# 0HE;-40E#;-D@#/1@#F;4140E#973375-08#/#9-;4#M+7284#=>>YU#&43170#=>?>NJ#'@7H8@# D701-24;42#/#1-CF3-9-42#C7243<#E@4#D7CCH0-E.#;4F3/D4C40E#C7243#D/0#B4#/# D70G40-40E#5/.#E7#G-45#1HDD411-70J##(0#/#37E#79#D/141#-E#-1#/24PH/E4#E7#G-45 #

PAGE 43

# W[ # 1HDD411-70/3#C72431#H1-08#E@4#D7CCH0-E. L ;4F3/D4C40E#C7243#/1#E@4#D7CCH0-E.#349E# 7G4;#C/.#B4#79#0483-8-B34#1-A4#M,C4;.<#=>?>NJ# # # '@4#-02-G-2H/3 L ;4F3/D4C40E#C7243#97DH141#70#E@4#;4F3/D4C40E#79#-02-G-2H/3# F3/0E#1F4D-41#;/E@4;#E@/0#40E-;4#D7CCH0-E-41#MV34/170 <#?Z?^U#V34/170<#?Z=\U# '/0134.<#?ZWYU#n@-EE/K4;<#?ZYWU#`44E#/02#6@;-1E40140<#?Z]>NJ##'@4#-02-G-2H/3 L ;4F3/D4C40E#C7243#-1#C7;4#5-243.#/FF3-D/B34#/1#-E#E/K41#-0E7#/DD7H0E#E@4#-0@4;40E# 2-994;40D41#79#E@4#G/;-7H1#F3/0E#1F4D-41#-0@/B-E-08#/#D7CCH0-E.J#*-994;40E #1F4D-41#79# F3/0E1#@/G4#2-994;40E#-0@4;40E#/B-3-E-41#E7#1H;G-G4#1E;411#D702-E-701#/02#E7#D7CF4E4# 97;#/G/-3/B34#0HE;-40E1#Mn@-EE/K4;<#?ZYWU#`44E#/02#6@;-1E40140<#?Z]>NJ#'@4# -02-G-2H/3 L ;4F3/D4C40E#C7243#/DD7H0E1#97;#E@414#-0@4;40E#2-994;40D41#/02#E@4;497;4# 4 G/3H/E41#1HDD411-70#-0#E4;C1#79#/#3-04#79#F3/0E#1F4D-41#;4F3/D4C40E#4G40E1J##'@-1# C7243#-1#/317#C7;4#5-243.#/FF3-D/B34#E7#14D702/;.#1HDD411-70#/1#-E#/DD7H0E1#97;# 2-1EH;B/0D4 L /2/FE42#F3/0E#1F4D-41#Mn@-EE/K4;<#?ZYWU#`44E#/02#6@;-1E40140<#?Z]>NJ# # # R724;0#E@47 ;-41#E402#E7#B4#D40E4;42#70#-02-G-2H/3#;4F3/D4C40E#C72431J# '@7H8@#E@-1#-1#E@4#D/14<#E@4#D7CCH0-E. L ;4F3/D4C40E#E@47;.#5/1#E@4#27C-0/0E#G-45# 70#1HDD411-70#HF#E@;7H8@#E@4#?ZY>a1#/02#/1#1E/E42#1E-33#@/1#-E1#/FF3-D/E-701#MV3400 L +45-0#4E#/3J<#?ZZ=NJ##)HDD411-70# -0#1/02#2H041<#1HD@#/1#E@/E#7B14;G42#B.#675341# M?]ZZN#7;#-0#F;/-;-4#8;/113/02#D7CCH0-E-41<#D7H32#B4#4G/3H/E42#H1-08#E@4# D7CCH0-E. L ;4F3/D4C40E#C7243#/02#634C40Ea1#D7CCH0-E. L ;4F3/D4C40E#E@47;.#-1# D701-24;42#E@4#D3/11-D/3#C7243#79#1HDD411-70#MV3400 L +45-0#4E#/ 3J<#?ZZ=NJ #

PAGE 44

# WY # A8A8A!9)*)2:%:%+!-4)!*)2:%:-:&%!&2!#(:,0B!#&,,C%:-:). # '@4#-02-G-2H/3#;4F3/D4C40E#/02#D7CCH0-E.#;4F3/D4C40E#E@47;-41#79# 1HDD411-70#@/G4#/337542#E@4#24G437FC40E#79#C7;4#D7CF34I#C724;0#1HDD411-70/3# E@47;-41J#%07E@4;#-CF7;E/0E#/2G/0D4C40E#-0#1HD D411-70/3#E@47;-41#5/1#E@4# ;4249-0-08#79#E@4#E4;C#D3-C/I#D7CCH0-E.#/1#14E#97;E@#-0#E57#14C-0/3#F/F4;1#B.# V34/170#/02#1.0E@41-A42#B.#n@-EE/K4;#MV34/170<#?Z?^U#V34/170<#?Z=\U#n@-EE/K4;<# ?ZYWNJ#X;-8-0/33.#/#D3-C/I#F3/0E#D7CCH0-E.#5/1#/11HC42#E7#B4#1E/B34 L 1E/E 4# D7CCH0-E.<#5@-D@#F3/0E#D7CCH0-E-41#-0#8404;/3#/;4#07E#Mn@-EE/K4;<#?ZYWNJ#'@4# E4;C#5/1#E@H1#;4249-042#E7#C4/0<#h/#F/;E-/33.#1E/B-3-A42#D7CCH0-E.#1E4/2. L 1E/E4#E7# C/I-CHC#1H1E/-042#HE-3-A/E-70#79#40G-;70C40E/3#;417H;D41#-0#B-7378-D/3# F;72HDE-G-E.i#Mn@-EE/K4 ;<#?ZYWNJ#c024;#E@-1#0454;#249-0-E-70#D3-C/I#D7CCH0-E-41# G/;.#24F402-08#HF70#E@4-;#40G-;70C40E#/02#8478;/F@-D#37D/E-70J#'@-1#C724;0# 249-0-E-70#/317#;4/3-A41#E@/E#704#D7CCH0-E.#C/.#@/G4#E@4#F7E40E-/3#E7#F;7D442# E75/;21#/#G/;-4E.#79#D3-C/I#D7CCH0-E-41#Mn41EC /00#/02#`44E<#?Z]=U#)F-4341<#=>?>NJ # m#)4C-0/3#F/F4;#B.#n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

PAGE 45

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

PAGE 46

# W^ # # :-8H;4#=J? #(33H1E;/E-70#79#/#8404;/3-A42#F-DEH;4#79#1HDD411-70J#,/;3.#2-1DH11-701#79# 1HDD411-70#97DH142#HF70#E @4#F;78;411-70#9;7C#045#3/02#M3/02#5-E@7HE#/#24G437F42# E7F#17-3#3/.4;N#E@;7H8@#14G4;/3#14;/3#1E/841#E7#/#9-0/3#D3-C/I#1E/84#MD40E4;NJ#'@-1#-1# D701-24;42#F;-C/;.#1HDD411-70J#'@-1#2-/8;/C#;4934DE1#7H;#C724;0-A42#F-DEH;4#79# 1HDD411-70#-0E48;/E41#E@4#;734#79#2 -1EH;B/0D41#M;-8@EN#/02#E@4#3/DK#79#/#1E4/2.#1E/E4#-0# E@4#D3-C/I#1E/84#MB7EE7C L D40E4;NJ#'@-1#F-DEH;4#/317#-33H1E;/E41#1HDD411-70#-0#/0# 40G-;70C40E#E@/E#4IF4;-40D41#D@;70-D#2-1EH;B/0D41#M349ENJ#(0#E@-1#17;E#79# 40G-;70C40E<#/#D3-C/I#1E/84#-1#04G4;#;4/D@42J#( 01E4/2<#E@4#40G-;70C40E#-1#-0#/# D701E/0E#1E/E4#79#;48;75E@#/02#-1#8404;/33.#D7CF7142#79#C/0.#2-1EH;B/0D4 L /2/FE42# 1F4D-41#M-33H1E;/E-70#9;7C#`3/EE<#?ZZ[NJ # # A8A8D87!/4)!N%4:1:-:&%!<&*)( (0#E@4#-0@-B-E-70#C7243#07#1-0834#F3/0E#1F4D-41#-1#8-G40#/0.#17;E#79#-0@ 4;40E# /2G/0E/84U#;/E@4;<#E@4#1F4D-41#E@/E#C/0/841#E7#24G437F#PH-DK41E#-1#8404;/33.#/#3/;84# F3/.4;#-0#E@4#4/;3.#1HDD411-70#1E/841#M6700433#/02#)3/.E4;<#?Z^^U#`44E#/02#

PAGE 47

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`44E#/02#6@;-1E40140<#?Z]>U#+/H;4#4E#/3J<# =>>ZNJ#(0#8404;/3<#1F4D-41 #D7CF71-E-70#8;/2H/33.#1@-9E1#-0#9/G7;#79#37084; L 3-G42#F3/0E# 1F4D-41J##'@4#37084; L 3-G42#1F4D-41<#70D4#24G437F42<#/;4#CHD@#B4EE4;#/2/FE42#E7# 1H;G-G/3U#E@4.#/;4#8404;/33.#3/;84;#5-E@#B4EE4; L F;7E4DE42#1E4C1#/02#3/;84;#;77E# 1.1E4C1#M6/E41#/02#X;-/0<#?Z^YU#6700 433#/02#)3/.E4;<#?Z^^U#`44E#/02#6@;-1E40140<# ?Z]>U#+/H;4#4E#/3J<#=>>ZNJ# # X;-8-0/33.#E@4#-0@-B-E70#C7243#4IF3/-042#@75#E@4#F;4140D4#79#704#F3/0E# -0@-B-E1#E@4#8;75E@#79#9H;E@4;#F3/0E1#E7#2H4#0HE;-40E#/G/-3/B-3-E.J#'@-1#C4D@/0-1C#-1# 075#/317#H142#E7#4IF3/-0#0 48/E-G4#9442B/DK#2H4#E7#E@4#F;4140D4#79#F/;/1-E-D# C-D;7B41#/02#D4;E/-0#F3/0E#C-D;7B4#-0E4;/DE-701J#'@-1#5-33#B4#2-1DH1142#-0#24E/-3#-0# 14DE-70#=JWJWJWJ #

PAGE 48

# WZ # A8A8D8A!/4)!K0#:(:-0-:&%!<&*)(!2&6!FC##)..:&% '@4#14D702#C7243#E7#B4#2-1DH1142#-1#E@4#9/D-3-E/E-70#C7 243# M6700433#/02# )3/.E4;<#?Z^^U#`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`44E# /02#6@;-1E40140<#?Z]>U#,C4;.<#=>?>U#!;H07#4E#/3J<#=>>WNJ#:/D-3-E/E-70#@/1#B440# 24E4;C-042#E7#F3/.#/#3/;84#;734#-0#24E4;C-0-08#1HDD411-70/3#F/EE4;01#-0#1F4D-9-D# 40G-;70C40E1#M !;H07#4E#/3J<#=>>WNJ # A8A8D8D!/4)!/&()60%#)!<&*)(!2&6!FC##)..:&% (0#E@4#E734;/0D4#C7243<#-E#-1#E@4#3-94#@-1E7;.#79#E@4#F3/0E#1F4D-41#-0#E@4# D7CCH0-E.#E@/E#24E4;C-041#E@4#3/E4;#1E/841#M6700433<#?Z^YU#6700433#/02#)3/.E4;<# ?Z^^N J##`3/0E#1F4D-41#C71E#/24FE#/E #4IF37-E-08#E@4#40G-;70C40E1#;417H;D41#5-33# F4;1-1E#E@;7H8@#E@4#14;/3#1E/841#79#1HDD411-70#E7#C/K4#HF#E@4#D3-C/I#D7CCH0-E.# M6700433<#?Z^YU#6700433#/02#)3/.E4;<#?Z^^N J#'@4#E@;44#C72431#TH1E#241D;-B42#54;4# 3/.42#7HE#-0#/0#-CF7;E/0E#F/F4;#5;-EE40#B.#6700433#/ 02#)3/.E4;#-0#?Z^^J#'@4#C/-0# D;-E-D-1C#79#6700433#/02#)3/.E4;a1#C72431#79#1HDD411-70#-1#E@4-;#7G4;1-CF3-9-D/E-70J# '@7H8@#E@414#C72431#27#07E#F;7G-24#/#D7CF34E4#241D;-FE-70#79#4/D@#D/14#79# 1HDD411-70<#-E#57H32#144C#E@/E#-E#-1#E@-1#1-CF3-9-D/E-70#E@/E#@/1#/3 37542#E@4-;#C72431#

PAGE 49

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`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n@-34#

PAGE 50

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n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a1#M:-EE4;<#?Z^^U#%3340#/02#%3340<#?Z][NJ#:-EE4;a1#F/F4;#97DH142# F;-C/;-3.#HF70#4IF3/-0-08#E@4#/2G/0E/ 841#D7094;;42#E7#F3/0E1#B.#%R#H024;#9-432# D702-E-701#/02#@-0E42#/E#/#;734#97;#E@414#-0E4;/DE-701#-0#D7CCH0-E.#4D7378.#BHE# 1H8841E42#9H;E@4;#;414/;D@#E7#24E4;C-04#E@-1#;734#M:-EE4;<#?Z^^NJ#:7;C/3#E@47;-41#79# @75#F3/0E L 1.CB-70E#/117D-/E-701#/994DE#1HDD411-70 /3#F/EE4;01#54;4#97;CH3/E42#703.# /1#;4D40E3.#/1#E@4#4/;3.#?Z]>1J##,/;3.#1F4DH3/E-70#97DH142#D7CF34E43.#70#E@4#;734#79#

PAGE 51

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`3/0E1a#;43/E-701@-F1#5-E@# C.D7;;@-A/3#9H08-#G/ ;.#D701-24;/B3.<#/1#C.D7;;@-A/3#9H08-#/;4#7B3-8/E43.#1.CB-7E-D<# 5@-34#17C4#C.D7E;7F@-D#F3/0E1#/;4#/317#7B3-8/E43.#1.CB-7E-D#5-E@#C.D7;;@-A/4# M_/071<#?Z]>NJ###:7;#7E@4;#F3/0E1<#E@4#;43/E-701@-F#5-E@#C.D7;;@-A/4#-1#9/DH3E/E-G4J# :/DH3E/E-G4#C.D7E;7F@-D#1F4D-4 1#1@75#17C4#-094DE-G-E.#E7#1.CB-7E-D#9H08-<#/02#E@-1#

PAGE 52

# [W # 34G43#79#-094DE-G-E.#-1#E@7H8@E#E7#G/;.#13-8@E3.#24F402-08#HF70#E@4#34G43#79#0HE;-40E1# /G/-3/B34#M_/071<#?Z]>NJ#%;BH1DH3/;#C.D7;;@-A/4#/3C71E#D7CF34E43.#3/DK#@71E# 1F4D-9-D-E.#MV4;24C/00<#?Z^>NJ#O754G4;<# E@4#G/;-/B-3-E.#79#E@4#@71E L 1.CB-70E# ;43/E-701@-F#B4E5440#E@4#C.D7;;@-A/4#/02#F3/0E#;77E#C4/0#E@/E#H024;#D4;E/-0# 0HE;-40E#34G431#2-994;40E#F3/0E1#5-33#@/G4#2-994;40E#34G431#79#/2G/0E/84#D7094;;42#E7# E@4C#B.#E@4#1.CB-70E#M_/071<#?Z]>NJ # # '@4#;43/E-701@-F#B4E 5440#-094DE-G40411#/02#C-04;/3#/G/-3/B-3-E.<#/1#3/-2#7HE#-0# _/071M?Z]>N#-1#1HCC/;-A42#-0#9-8H;4#=J=J##*H;-08#/#F4;-72#79#375#0HE;-40E# /G/-3/B-3-E.#1.CB-7E-D#F3/0E1#5-33#@/G4#/#@-8@4;#/DD411#E7#0HE;-40E1#M _/071<#?Z]>N J# '@H1<#7B3-8/E43.#1.CB-7E-D#F3/0E1#5-33 #B4#CHD@#B4EE4;#D7CF4E-E7;1#2H;-08#E@414# D702-E-701#1H8841E-08#E@/E#E@4.#57H32#B4#27C-0/0E#2H;-08#F4;-721#79#375#0HE;-40E1# M _/071<#?Z]>N J#&70 L C.D7;;@-A/3#1F4D-41#57H32#1H994;#2H;-08#E-C41#79#375 L 0HE;-40E# /G/-3/B-3-E.#/02#9/DH3E/E-G4#C.D7E;7F@-D#1F4D-41#57H 32#B4#F;4140E#-0#/#3754;#0HCB4;# E@/0#E@4#7B3-8/E43.#C.D7E;7F@-D#1F4D-41#BHE#1E-33#57H32#B4#B4EE4;#799#E@/0#070 L C.D7E;7F@-D#1F4D-41#M _/071<#?Z]>NJ #

PAGE 53

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n@40#0HE;-40E1#/;4#5-243.#/G/-3/B34#E@4#9H08-#57H32#F;7G-24#3-EE34#/2G/0E/84J# (0#9/DE<#_/071#F;42-DE42#E@/E#E@4#9H08-#57H32#/DEH/33.#;4PH-;4#C7;4#79#/#D/;B70#-0FHE# E@/0#57H32#B4#57;E @#E@4#41E/B3-1@C40E#79#E@4#1.CB-71-1J#'@4;497;4<#2H;-08#E-C41#79# @-8@#0HE;-40E#/G/-3/B-3-E.#9/DH3E/E-G4#/02#070 L C.D7;;@-A/3#1F4D-41#57H32#B4#/E#/0# /2G/0E/84#E7#7B3-8/E43.#1.CB-7E-D#1F4D-41#M _/071<#?Z]>NJ # # :;7C#E@414#249-042#;43/E-701@-F1<#_/071#D;4/E42#E@; 44#F;7F7142#E@;44# 1H8841E-701#B.#5@-D@#F3/0E L 1F4D-41#D7CF71-E-70#57H32#F;7D442#24F402-08#HF70#

PAGE 54

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a1#C7243#-1#4IF4;-C40E/33.#G-/B34#/02#-1#/#C7243#1E-33#;494;42#E7#E72/.J # R724;0#G/;-/0E1#79#E@-1#5-33#B4#2-1DH1142#-0#14DE-70#=JWJWJ=#MG/0#24;#O4-2T40#/02# )/024;1<#=>>=U#!4G4;<#=>?>NJ#%07E@4;#9/DE7;#E@/E#-1#-CF7;E/0E#E7#2;/5#9;7C#E@-1# C7243#-1#E@/E#E@4#;43/E-701@-F#-1#@4/G-3.#24F40240E#HF70#17-3#0HE;-40E#34G431J#'@-1# -24/#5-33 #B4#2-1DH1142#-0#8;4/E4;#24E/-3#/02#5-E@#;41F4DE#E7#;4D40E#2/E/#70#404;84E-D# ;4PH-;4C40E1#97;#;@-A7B-/3#/02#C.D7;;@-A/3#1.CB-70E1#-0#14DE-70#=JWJWJ?J #

PAGE 55

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j#79#/#1-0834#1F4D-41#M6700433#/02#+75C/0<#?Z]ZU# !4G4;<#=>?>NJ #'@-1#7DDH;1#5@40#/#1-0834#1F4D-41#-1#17#27C-0/0E#E@/E#-E#-1#/B34#E7# 41E/B3-1@#-E1439#E7#/#G4;.#8;4/E#4IE40E#-0#E@4#D7CCH0-E.J#674I-1E/0D4#-1#E@4# C4D@/0-1C#/E#E@4#7E@4;#402#79#E@4#1F4DE;HC#9;7C#C70727C-0/0D4<#5@-D@#5-33#B4# -0E;72HD42#-0#14DE-70#=JWJWJ=J?J# '@4#E@47;.#97;#4DE7C.D7;;@-A/3 L C42-/E42# C70727C-0/0D4#97337542#_/071a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s4DE7C.D7;;@-A/3#C70727C-0/0D4a#MRDVH-;4<#=>>^NJ #

PAGE 56

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

PAGE 57

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n-3170<#?ZZZNJ##'@-1#1H8841E1#E@/E#F3/0E#1F4D-41#D7CF71-E-70# -E1439#-1#24E4;C-0/0E#-0#2;-G-08#D7CCH0-E.#2 -G4;1-E.#MG/0#24;#O4-T240#/02#)/024;1<# =>>=NJ#'@;7H8@#E@4#G/;-/B-3-E.#79#E@4#-0E4;/DE-701#79#1.CB-70E1#5-E@#E@4-;#F7E40E-/3# @71E1<#E@414#1.CB-70E1#/;4#/B34#E7#2;-G4#D7CCH0-E.#2-G4;1-E.#-0#/#G/;-4E.#79#5/.1# 24F402-08#HF70#-0-E-/3#F3/0E#1F4D-41#D7CF71-E-70#M G/0#24;#O4-T240#/02#)/024;1<# =>>=NJ# # # `3/0E#C-D;7B41#D/0#F;7G-24#/#5-24#;/084#79#/2G/0E/841#E7#E@4-;#@71E#/11H;-08# E@4C#/#;734#-0#D7CCH0-E.#4D7378.J#X0#E@4#7E@4;#@/02<#E@414#1.CB-7141#D7C4#5-E@#/# E;/24 L 799J#$@-A7B-/3#0-E;7840#9-I/E-70#@/1#/#@-8@#%'`#;4PH-; 4C40E<#;4PH-;-08#/0#-0FHE# 79#F@71F@7;7H1#Mb/0D4#4E#/3J<#=>>WNJ#`3/0E#/117D-/E-701#5-E@#C.D7;;@-A/4#;4PH-;4#/# @-8@#-0FHE#79#0-E;7840#/02#D/;B70#M_7@0170<#=>?>U#!4G4;#4E#/3J<#=>?>NJ#'@-1#E;/24 L 799# C4/01#E@/E#E@414#;43/E-701@-F1#5-33#B4#/2G/0E/847H1#H024;#D4; E/-0#0HE;-40E1# D702-E-701#/02#5-33#FHE#E@4#@71E#/E#/#2-1/2G/0E/84#H024;#7E@4;#D702-E-701J# '@4;497;4<#5@40#4G/3H/E-08#E@4#;734#79#E@414#1.CB-70E1#-0#D7CCH0-E.#4D7378.#-E#-1## -CF7;E/0E#E7#D701-24;#0HE;-40E#/G/-3/B-3-E.#-0#E@4#D7CCH0-E.#M!4G4;#4E#/3J<#=>?>NJ #

PAGE 58

# [Z # A8D8D8A!G6:@:%+!#&,,C%:-=!)#&(&+=!-46&C+4!%C-6:)%-!506-:-:&%:%+ '@4;4#/;4#E57#F;7F7142#C4D@/0-1C1#B.#5@-D@#1.CB-7E-D#;43/E-701@-F1#@/G4# B440#1F4DH3/E42#E7#/DE#B.#/3375-08#F3/0E1#G/;-42#/DD411#E7#0HE;-40E1#MG/0#24;# O4-2T40#/02#)/024;1<#=>>=U#!4G4;#4E#/3J<# =>?>NJ#`3/0E1#@/G4#/#G/;-/B34#/B-3-E.#E7# /117D-/E4#5-E@#2-994;40E#1.CB-70E1#/02#E7#24;-G42#0HE;-40E1#9;7C#1.CB-70E1J# 670G4;143.<#1.CB-70E1#@/G4#/#G/;-42#/B-3-E.#E7#/117D-/E4#5-E@#2-994;40E#@71E#F3/0E1# /02#F;7G-24#E@4C#5-E@#0HE;-40E1#MG/0#24;#O4-2T40#/02#)/ 024;1<#=>>=U#!4G4;#4E#/3J<# =>?>NJ#'@4;497;4<#0HE;-40E#F/;E-E-70-08#D/0#B4#/994DE42#B.#F3/0E L 24;-G42#1F4D-9-D-E.# /02#;41F7014#7;#B.#1.CB-70E L 24;-G42#1F4D-9-D-E.#/02#;41F7014#MG/0#24;#O4-2T40#/02# )/024;1<#=>>=U#!4G4;#4E#/3J<#=>?>NJ# # A8D8D8A87!X06:)*!5(0%-!6) .5&%.)!-&!.=,1:&%-.!:%!%C-6:)%-!506-:-:&%:%+ # '@4#9-;1E#C7243#97DH141#HF70#@75#E@4#G/;-/B-3-E.#79#F3/0E#;41F7014#E7# 1.CB-7E-D#/117D-/E-701#D7H32#/DE#E7#/994DE#D7CCH0-E.#F/EE4;01#MG/0#24;#O4-2T40#/02# )/024;1<#=>>=U#!4G4;#4E#/3J<#=>?>NJ#%1#F;4G-7H13.#07E42<# 1.CB-7E-D#/117D-/E-701#G/;.# B4E5440#F3/0E#1F4D-41#-0#E@/E#E@4.#G/;.#-0#E@4-;#-094DE-G-E.#/02#-0#E@4#;43-/0D4#79#E@4# @71E#F3/0E#HF70#E@4#1.CB-70E#E7#F;7G-24#0HE;-40E1#MG/0#24;#O4-2T40#/02#)/024;1<# =>>=U#!4G4;#4E#/3J<#=>?>NJ#'@-1#C7243#9733751#E@4#;4/170-08# 79#E@/E#F;7F7142#B.# _/071#-0#E@/E#-E#@.F7E@41-A41#E@/E#E@4#G/;-/B-3-E.#79#E@4#;43-/0D4#79#F3/0E1#97;#E@4# F;7G-1-70#79#0HE;-40E1#B.#E@4#1.CB-70E1#D/0#@43F#2;-G4#F3/0E#1F4D-41#D7CF71-E-70J# # # '@-1#@/1#E@4#F7E40E-/3#E7#/3E4;#D7CF4E-E-G40411#79#F3/0E1#-0#4-E@4; #/#F71-E-G4# C/004;#7;#048/E-G4#C/004;#MG/0#24;#O4-2T40#/02#)/024;1<#=>>=U#!4G4;#4E#/3J<#=>?>NJ# '@4#/117D-/E-70#D7H32#-0D;4/14#F3/0E#F4;97;C/0D4#2;-G-08#E@714#F3/0E1#E7#

PAGE 59

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b4;.#945#072H3/E-08#14423-081# 54;4#/B34#E7#F;78;411# E7#/2H3E@772<#5@4;4/1#4G40#9454;#070 L 072H3/E-08#14423-081# F;78;41142#E7#/2H3E@772J#(E#5/1#F;7F7142#E@/E#E@4#072H3/E-70#/B-3-E-41#79#E@4# D,-,## E;441#40/B342#E@4C#E7#7BE/-0#/#D7CF4E-E-G4#4G400411#5-E@#E@4#@4;B/D47H1#8;/1141<# 5@-D@#/;4#F/;E-DH3/;3.#5/E4;#499 -D-40E#M6;/C4;#4E#/3J<#=>>ZNJ#,G400411#;494;1#E7#/# 34G43-08#79#E@4#D7CF4E-E-G4#/B-3-E-41#79#E57#7;#C7;4#1F4D-41#M!4G4;#4E#/3J<#=>?>NJ#'@4# 8;/1141#1E-33#3-C-E42#E@4#0HCB4;#79# D,-,#-1 #E@/E#F;78;41142#E7#/2H3E@772<#@754G4;<# 072H3/E-08#B/DE4;-/#F;7C7E42#/#@-8@ 4;#34G43#79#%D/D-/1#E7#F;7D442#E7#/2H3E@772#/02# /#@-8@4;#34G43#79#D74I-1E/0D4#M6;/C4;#4E#/3J<#=>>ZNJ #

PAGE 60

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a 67007;#4E#/3J<#=>>=N J#:7;# 4I/CF34<#E@4#;41F701-G40411#79#%H1E;/3-/0#8;/113/02#F;/-;-4#F3/0E1#5/1#/1141142#-0#/# 14;-41#79#9-432#F37E#/02#F7E#4IF4;-C40E1#MXa 67007;#4E#/3J<#=>>=N J##(0#E@4#40G-;70C40E# H024;#4I/C-0/E-70<# 7*6#,-3%2(#5#(#-1# 07;C/33.#E@4#27C-0/0E#1F4D-41#-0#3/E4;# 1HDD411-70/3#1E/841J#)4G4;/3#4IF4;-C40E/3#C/0-FH3/E-701#54;4#D/;;-42#7HE#E7#E41E#E@4# C.D7;;@-A/3#24F40240D4#79#7B14;G42#1HDD411-70/3#F/EE4;01#MXa 67007;#4E#/3J<#=>>=N J# #

PAGE 61

# Y= # # $43/E-G4#D7370-A/E-70#/02#/994DE1#70#F3/0E#F;72H DE-G-E.#54;4#24E4;C-042#B.# 3-8@E#C-D;71D7F.#79#1E/-042#;77E#148C40E1#/02#B.#D7CF/;-170#79#C.D7;;@-A/3 L 1HFF;41142#/02#070 L E;4/E42#D7;41#D70E/-0-08#E@4#F3/0E#1F4D-41#H024;#7B14;G/E-701# MXa 67007;#4E#/3J<#=>>=N J#n@/E#5/1#1@750#5/1#E@/E#E@4# 7*6#,-3%2(#5#(-I # G#) )-6#5#-2 34-,#.#1 #/02# G*..*#-2-43')-2 54;4#@-8@3.#;41F701-G4#E7#%R#9H08-<#5@4;4/1<#7E@4;# 1F4D-41#-0#E@4#4D71.1E4C#1@7542#07#D7370-A/E-70#7;#/#3-C-E42#8;75E@#;41F7014#E7# D7370-A-08#9H08-J#(0#/#9-432#F37E<#/#9H08-D-24#5/1#/FF3-42#E7#E@4#F37E#E7#3754;#E@4#34G43 # 79#C.D7;;@-A/3#9H08-#-0#E@4#17-3#MXa 67007;#4E#/3J<#=>>=N J#'@4#34G43#79#;4C/-0-08#%R# 9H08-#5/1#24E4;C-042#E7#B4#/B7HE#Y>j#79#E@4#7;-8-0/3#34G431J#%0#-0D;4/14#-0#1F4D-41# 2-G4;1-E.#7DDH;;42#/1#D7CF/;42#E7#H0/3E4;42#F37E1J#'@-1#342#E7#E@4#D70D3H1-70#E@/E#/# 34 G43#79#4G400411#5/1#41E/B3-1@42#-0#E@4#C.D7;;@-A/3 L 1HFF;41142#F37E#MXa 67007;#4E# /3J<#=>>=N J#(0#E@-1#D/14<#E@4#4G400411#-1#2H4#E7#/#24D;4/14#-0#/DD411#E7#0HE;-40E1#97;# E@4#07;C/33.#27C-0/0E#1F4D-41#2H4#E7#E@4#1HFF;411-70#79#E@4#C.D7;;@-A/3# /117D-/E-701#E@/E #07;C/33.#D7094;#/#@-8@4;#34G43#79#0HE;-40E#/G/-3/B-3-E.J#%07E@4;# 7B14;G/E-70#5/1#E@/E#E@4;4#5/1#07#;42HDE-70#-0# G#))-6#5#-234-,#.#1 #/02# G*..*#-2-43')-2 F7FH3/E-70#1-A4#D7CF/;42#E7# 7*6#,-3%2(#5#(-2 MXa 67007;#4E#/3J<#=>>=N J# 7*6#,-3%2 (#5#(-2 -1#07;C/33.#E@4#27C -0/0E#1F4D-41#-0#E@-1#D7CCH0-E.J#'@-1#1H8841E1#E@/E#E@4# D7CF4E-E-70#40D7H0E4;42#B4E5440# 7*6#,-3%2(#5#(-2 /02#E@4#7E@4;#E57#1F4D-41# ;41H3E1#-0#E@4#1434DE-G4#/2G/0E/841#D7094;;42#E7#E@4C#B.#E@4#048/E-70#79#E@4-;# /117D-/E-70#5-E@#E@4#C.D7;;@-A/3#9H08-#MXa 67007 ;#4E#/3J<#=>>=N J#R.D7;;@-A/3 L 40@/0D42#0HE;-40E#/DPH-1-E-70#2;-G-08#D7CCH0-E.#D7CF71-E-70#@/1#/317#B440# 27DHC40E42#-0#7E@4;#40G-;70C40E1#-0D3H2-08#E@4#D40E;/3#8;/113/021#79#%C4;-D/# MO/;E04EE#/02#n-3170<#?ZZZNJ #

PAGE 62

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

PAGE 63

# Y[ # 1F4D-41<#5@-D@#5-33#34/2#E7#/#24D;4/14#-0#E@-1#1F4D-41a#27C-0/0D4#MG/0#24;#O42T40# /02#)/024;1<#=>>=U#!4G4;#4E#/3J<#=>?>NJ # # '@4#/B-3-E.#97;#F3/0E1#E7#2;-G4#C-D;7B4#D7CCH0-E-41#/02#G-D4#G4;1/#-1#;/F-23.# B4D7C-08#B4EE4;#H024;1E772J#O75#C-D;7B41#/2@4;4#E7#DH;;40E#4D7378-D/3#E@47;.#-1# 17C4E-C41#/;8H42#M`;7114;#4E#/3J<#=>>^U#,-140@/H4;#4 E#/3J<#=>?>NJ#'@4#/FF3-D/E-70#79# 4D7378-D/3#E@47;.#E7#C-D;7B4#D7CCH0-E.#2.0/C-D1#-1#04D411/;.#-0#F;7G-2-08#/# D7CF34E4#H024;1E/02-08#79#@75#F3/0E1#/02#C-D;7B41#-0E4;/DE<#@754G4;<#97;#C/0.# ;4/1701#C-D;7B41#@/G4#B440#/;8H42#07E#E7#/2@4;4#E7#C/0.#79#E@4#D70G40 E-70/3# 4D7378-D/3#E@47;-41J#:-;1E#/02#97;4C71E<#C/0.#4D7378-D/3#E@47;-41#;43.#70#E@4#-24/#79# 1F4D-41#-0E4;/DE-08J#'@414#C72431#/11HC4#E@/E#E@4#4ID@/084#79#8404E-D#C/E4;-/3#-0# 7;24;#E7#7BE/-0#8404E-D#9-E0411#-1#/#9/DE7;#2;-G-08#4D7378-D/3#-0E4;/DE-701#MR/.; <# ?ZY^NJ#O754G4;<##C/0.#C-D;7B41#/02#9H08-#E@/E#/;4#/14IH/3#27#07E#/2@4;4#E7#E@-1# 8404;/3#249-0-E-70#79#/#1F4D-41<#E@/E#-1#E7#1/.#E@/E#E@4.#27#07E#F/;E-D-F/E4#-0#E@4# 4ID@/084#79#8404E-D#C/E4;-/3#E@;7H8@#14IH/3#;4F;72HDE-70#M:-1@4;#4E#/3J<#=>>\U# `;7114;#4E# /3J<#=>>^NJ#R-D;7B41#;43.#HF70#/E.F-D/3#C4E@721#1HD@#/1#3/E4;/3#8404# E;/0194;#E7#F/11#70#8404E-D#C/E4;-/3J#'@-1#C/K41#H024;1E/02-08#C-D;7B4#D7CCH0-E.# 2.0/C-D1#C7;4#D7CF34I<#C/K-08#04D411/;.#E@4#;44G/3H/E-70#79#4D7378-D/3#E@47;-41# E7#/DD7CC72/E4#97;#C-D;7B4 1J#:7;#4I/CF34<#E@4#E@47;.#79#D7CF4E-E-70#14E#97;E@#B.# V;-C4<#5@-D@#-1#5-243.#HE-3-A42#E7#F;42-DE#D7CCH0-E.#2.0/C-D1#-0#B7E@#/PH/E-D#/02# E4;;41E;-/3#F3/0E1<#@/1#B440#1@750#E7#9/-3#/E#F;42-DE-08#C-D;7B-/3#2.0/C-D1#2H4#E7# D7CF34I-E-41#79#3/E4;/3#8404#E;/0194 ;#/02#7E@4;#/1F4DE1#79#F;7K/;.7E-D#3-94#1HD@#/1# F@.1-7378-D/3#934I-B-3-E.#MV;-C4<#?Z\WU#6;/-04<#=>>YU#`;7114;#4E#/3J<#=>>^NJ##V;-C4a1# E@47;-41#/11HC4#E@4;4#/;4#E@;44#2-994;40E#D7CF4E-E-G4#1E;/E48-41J#(0#V;-C4a1#

PAGE 64

# YY # D7CF4E-E-70#E@47;.#1F4D-41#D/0#4I-1E#/1#/#D7C F4E-E7;<#/#1E;411#E734;/E7;<#7;#/#;H24;/3# 1F4D-41#MV;-C4<#?Z\WU#6;/-04<#=>>YNJ#!.#/DD7H0E-08#97;#E@4#-0D;4/142#D7CF34I-E-41#79# F;7K/;.7E-D#3-94#-0#17C4#79#E@4#D3/11-D/3#E@47;-41#79#4D7378.#@7F49H33.#/#B4EE4;# H024;1E/02-08#79#2.0/C-D1#79#C-D;7B4#D7CCH0-E-41 #5-33#B4#7BE/-042#/02#-0#EH;0# E@-1#1@7H32#F;7G-24#/#B4EE4;#/FF;4D-/E-70#79#@75#C-D;7B4#D7CCH0-E-41#/994DE#F3/0E# D7CCH0-E-41J### # # !7E@#048/E-G4#/02#F71-E-G4#9442B/DK<#@/G4#B440#7B14;G42#4IF4;-C40E/33.J# `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`71-E-G4# 9442B/DK#@/1#B440#1@750#E7#7DDH;#F;-C/;-3.#-0#4DE7C.D7;;@-A/3#E4CF4;/E4#/02# E;7F-D/3#97;41E1#M&/;/#/02#O784E1H<#=>>[U#RDVH-;4<#=>>^NJ #

PAGE 65

# Y\ # # &48/E-G4#9442B/DK#-0E4;/DE-701#-0G73G4#F;-C/;-3.#F/;/1-E-D#-0E4 ;/DE-701<#BHE# /;4#/317#7B14;G42#/1#E@4#;41H3E#79#048/E-G4#-0E4;/DE-701#5-E@#F3/0E#1.CB-70E1J# (0E4;/DE-70#5-E@#/0#-0D7CF/E-B34#1.CB-70E#D/0#/994DE#F3/0E1#048/E-G43.<#/1#D/0# D7CF4E-E-G4#-0E4;/DE-701#B4E5440#1.CB-70E1#M!.;04#/02#R-ED@433<#=>>[U#g40042.# /02#`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`/DK4;#/02#63/.<#=>>>U#!433#4E#/3J<#=>>\NJ#:73375 -08#/# E;44#9/33#7;#7E@4;#E.F4#79#1C/33 L 1D/34#2-1EH;B/0D4<#F3/0E1#79#E@4#1/C4#1F4D-41#/;4# 8404;/33.#07E#7B14;G42#E7#;4 L -0@/B-E#E@4#8/F#D;4/E42#B.#E@4#2-1EH;B/0D4J#'@-1#@/1# B440#1H8841E42#E7#B4#2H4#E7#E@4#F;4140D4#79#@71E L 1F4D-9-D#F/;/1-E-D#C-D;7B41#/E#E@4# 1 -E4#79#E@4#2-1EH;B/0D4J#,G40#E@7H8@#E@4#41E/B3-1@42#F3/0E#C/.#@/G4#B440#D/F/B34#79# ;41-1E-08#E@4#F/;/1-E-D#C-D;7B41<#E@4#1C/334;<#07E L .4E#41E/B3-1@42#F3/0E1#79#E@4#1/C4#

PAGE 66

# Y^ # 1F4D-41#C/.#B4#H0/B34#E7#7G4;D7C4#E@414#C-D;7B41#-0#7;24;#E7#-0@/B-E#E@-1#8/F# M`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`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n@40# C.-5)-3% #-1#F;4140E#-0#@-8@4;#0HCB4;1#E@-1# ;41H3E1#-0#/#@-8@4;#34G43#79#E@4#9H08H1# 9,')*..%10%4-2,-.%10%4-2 E@/E#@/1#/#F71-E-G4# /994DE#70#E@4#8;75E@#;/E4#79# C-5#,'(2 M!4G4;<#=>>=N J#+-K45-14<#5@40# C-5#,'( #-1# F;4140E #-0#@-8@#0HCB4;1#E@-1#34/21#E7#@-8@4;#1F7;H3/E-70#79# D,-'.%10%4-2(%44%J#-*2 /02 2 D4,"-*%10%4-2)4-00*#I2 5@-D@#9/D-3-E/E41#E@4#8;75E@#79# C.-5)-3%2 M!4G4;<#=>>=N J # #

PAGE 67

# Y] # # *H;-08#1HDD411-70#F71-E-G4#9442B/DK1#@/G4#B440#F;42-DE42#E7#@/G4#/#3/;84;# ;734#-0#4/;3.#1HDD411-7 0/3#D7CCH0-E-41<#5@4;4/1#048/E-G4#9442B/DK1#/;4#B43-4G42#E7# F3/.#/#3/;84;#;734#-0#3/E4;#1HDD411-70/3#D7CCH0-E-41#M$4.07321#4E#/3J<#=>>WU# :-EA1-C701#/02#R-334;<#=>?>NJ#`71-E-G4#9442B/DK#-1#B43-4G42#E7#9/D-3-E/E4#E@4# 41E/B3-1@C40E#79#F3/0E1#-0#E@4#4/;3.#1HDD 411-70/3#1E/841#/02#E@4#048/E-G4#9442B/DK#-1# B43-4G42#E7#D70E;-BHE4#E7#E@4#;4F3/D4C40E#/02#E@4#7B14;G42#2-G4;1-9-D/E-70#79#3/E4;# 1HDD411-70/3#1E/841#M$4.07321#4E#/3J<#=>>WU#:-EA1-C701#/02#R-334;<#=>?>NJ # # %07E@4;#-0E4;41E-08#4I/CF34#79#/#F71-E-G4#9442B/DK#D /0#B4#7B14;G42#E@;7H8@# E@4#-0E4;/DE-701#79#;@-A7B-/3#B/DE4;-/#/02#F;7E7A7/0#M!70K751K-#=>>[NJ##`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

PAGE 68

# YZ # 4IF4;-C40E/33.#G4;-9-42#E@;7H8@#E@4#3/B43-08#79#F@71F@7;7H1<#D/;B70#/02#0-E;7840#-0# 704#F3/0E#/02#E@40#E@4#7B14;G/E-70#79#E@714#3/B4342#0HE;-40E1#3/E4;#-0#/07E@4;#F3/0E# /117D-/E42#E@;7H8@#/#D7CC70#C.D7;;@-A/3#04E57;K#M)-C/;2# 4E#/3J<#?ZZ^U#:-EE4;#4E#/3J<# ?ZZ]U#n-3170#4E#/3J<#=>>\NJ# # # 67CC70#C.D7;;@-A/3#04E57;K1#@/G4#E@4#F7E40E-/3#E7#F;7C7E4#D74I-1E40D4#79# F3/0E1<#@754G4;<#34G431#79#0HE;-40E1#F;7G-242#E@;7H8@#E@414#04E57;K1#@/G4#B440# 24E4;C-042#E7#B4#375#M'41E4#4E#/3J<#=>?>NJ#%3 E@7H8@#E@4#4994DE#79#0HE;-40E#9375# E@;7H8@#E@414#04E57;K1#-1#E@7H8@E#E7#B4#0483-8-B34<#D7CC70#C.D7;;@-A/3#04E57;K1# /;4#E@7H8@E#E7#/DE#-0#/07E@4;#5/.#MG/0#24;#O4-2T40#/02#)/024;1<#=>>=U#!4G4;#4E#/3J<# =>?>NJ##'@4.#@/G4#B440#1H8841E42#E7#/DE#B.#/3E4;-08#F3/0E #C-D;7B4#34G431#/02#D7H32# /994DE#F3/0E#D7CCH0-E-41#-0#E@4#5/.1#-0E;72HD42#-0#E@4#F;4G-7H1#14DE-70#70#E@4# 4994DE1#79#C-D;7B4#D7CCH0-E.#2.0/C-D1#70#F3/0E#D7CCH0-E.#4D7378.#MG/0#24;# O4-2T40#/02#)/024;1<#=>>=U#!4G4;#4E#/3J<#=>?>NJ # A8H!3&%#(C.:&%.! '@-1#D@/FE4 ;#@/1#3/-2#7HE#/#24E/-342#241D;-FE-70#79#E@4#G/;-7H1#5/.1#5-E@# 5@-D@#F3/0E#1.CB-70E1#D/0#/DE#E7#/994DE#D7CCH0-E.#1E;HDEH;4#/02#E@H1#4994DE# 1HDD411-70J#`3/0E L 1.CB-70E#-0E4;/DE-701#@/G4#F;7G-242#F711-B34#C4D@/0-1C1#B.# 5@-D@#F;4G-7H13.#F77;3.#H024;1E772#F@407 C40/#1HD@#/1#C70727C-0/0D4#D/0#B4# 4IF3/-042J#n@-34#4IF4;-C40E/3#4G-240D4#4I-1E1#-0#1HFF7;E#79#E@414#F7E40E-/3#;7341<#-E# @/1#B440#B;7H8@E#E7#3-8@E#E@/E#17C4#F;4G-7H1#;414/;D@#1@7H32#B4#G-4542#5-E@#/# D4;E/-0#/C7H0E#79#1K4FE-D-1CJ#RHD@#79#E@4#F/1E#;414/;D@#D7 02HDE42#5/1#D/;;-42#7HE# -0#3/B#/02#8;440@7H14#D702-E-701J#)EH2-41#D/;;-42#7HE#5-E@-0#0/EH;/3#14EE-081#@/G4#

PAGE 69

# \> # B440#D/3342#97;#973375-08#FHB3-D/E-70#79#14G4;/3#4IF4;-C40E1#D/;;-42#7HE#-0#0/EH;/3# 14EE-081#2;/5-08#2-994;40E#D70D3H1-701#E@/0#54;4#7BE/-042#-0#F7EE 42#4IF4;-C40E1# MgH3C/E-1K-#/02#g/;273<#=>>]U#O/;;-170#/02#!/;284EE<#=>?>NJ#'@4#-CF7;E/0D4#79# B4375 L 8;7H02#-0E4;/DE-701#-1#B4D7C-08#C7;4#D34/;J#n@-34#/B7G4 L 8;7H02#E@4# F;4140D4#79#/#F/;E-DH3/;##F3/0E#1F4D-41#C/.#07E#144C#E7#B4#79#CHD@#-CF7;E/0D4<#-E1# F7E40E/3#E7#2;-G4#B4375 L 8;7H02#D7CCH0-E-41#D/0#;4024;#F3/0E#1F4D-41#-02-1F401-B34# -0#/#D7CCH0-E.a1#/B-3-E.#E7#9H0DE-70#M,-140@/H4;#4E#/3J<#=>?>NJ # '@4#;734#79#F3/0E L C-D;7B4#-0E4;/DE-701#-0#D7CCH0-E.#4D7378.#-1#703.#;4D40E3.# B4D7C-08#41E/B3-1@42J#`/F4;1#FHB3-1@42# 70#E@-1#1HBT4DE#HF#H0E-3#/;7H02#=>>>#54;4# F;-C/;-3.#1F4DH3/E-G4J#R7;4#;4D40E#;414/;D@#@/1#B440#97DH142#70#G4;-9.-08#F;7F7142# ;7341#97;#1.CB-70E1#-0#D7CCH0-E.#4D7378.J#'@4#0/EH;4#79#E@414#/117D-/E-701#-CF3-41# E@/E#/0.#;734#97;#E@414#/117D-/E-701#-0#D7CCH0-E .#4D7378.#57H32#@/G4#5-241F;4/2# /FF3-D/E-701J#'@-1#-1#/0#4ID-E-08#1HBT4DE#E@/E#-1#PH-DK3.#B4D7C-08#B4EE4;#H024;1E772# /02#-E#5-33#B4#-0E4;41E-08#E7#144#E@4#2-;4DE-70#E@-1#;414/;D@#E/K41#-0#E@4#9HEH;4J # # # # # #

PAGE 70

# \? # $=;>9?:!QA!RDBF98!DM!6BNF;EBFN!$DFJ?:N?F>ZNJ#%1#FHE#97;E@#4/;3-4;<# /3E@7H8@#B7E@#9H08/3#/02#B/DE4;-/3#1.CB-70E1#C/K4#H14#79#E@4#).C#F/E@5/.<#E@4# C4D@/0-1C1#97;#/DE-G/E-70#79#E@4#F/E@5/.#G/;.<#/1#27#E@4#F;7D41141#/02#84041#E@/E# /;4#/DE-G/E42#/1#/#;41H3EJ#(E#-1#E@4#/-C#79#E@-1#D@/FE4;#E7#2-1DH11#E@4#DH;;40E#3-E4;/EH;4# /02#F;7G-24#4G-240D4#97;#F7-0E1#79#1-80/3-08#D70G4;840D4#/02#2-G4;840D4#-0#E@-1# F/E @5/.<#/1#5433#/1#E7#F7-0E#7HE#E@4#07E L .4E L 43HD-2/E42#F/;E1#79#E@-1#1-80/3-08# F/E@5/.J#'@4;497;4#B7E@#K0750#/02#@.F7E@41-A42#F3/.4;1#5-33#B4#2-1DH1142J#'@4# ).C#F/E@5/.#C/K41#H14#79#F;7E4-01#D7242#97;#B.#E@4#).C#84041J#'@4#G/;-7H1#).C# 84041#/02#E@4-;#7;E@737 8H41#-0#D4;E/-0#C7243#F3/0E1#/;4#-0E;72HD42#-0#'/B34#WJ?J # # # # # #

PAGE 71

# \= # '/B34#WJ? # # /4)!F=,!Q)%).!0%*!/4):6!N*)%-:2:)*!?6-4&(&+C).!:%!/46))!<&*)(!E(0%# M/2/FE42#9;7C#`/;0-1K4<#=>>]NJ # m#'@4#0/C41#8-G40#-0#E@4#V404#D73HC0#5-33#B4#H142#9;7C#075#70#5@40#2-1DH11-08# E@414#C734DH341#-0#8404;/3J#'@4#1F4D-41 L 1F4D-9-D#0/C41#5-33#B4# H142#5@40#2-1DH11-08# 4IF4;-C40E1#HE-3-A-08#E@414#F3/0E1 # # # *-1DH11-70#79#E@414#1-80/3-08#4G40E1#D/0#B4#PH-E4#7G4;5@43C-08#2H4#E7#3/;84# 0HCB4;#79#C734DH341#-0G73G42#/02#E@4#1F4DH3/E-G4#0/EH;4#79#E@4#F/E@5/.J#%317<#E@4# E7F-D#;4PH-;41#/#D7CF/;/E-G4#2-1DH11-70# 79#E@4#1-80/3-08#4G40E1#-0G73G42#-0#B7E@# 1.CB-7141J#'@4;497;4<#E@4#-094DE-70#F;7D41141#@/G4#B440#B;7K40#2750#-0E7#14G4;/3# 2-1E-0DE#1E4F1#M973375-08#+HC#/02#O-;1D@<#=>>WU#9-8H;4#WJ?N#/02#E@4#1-80/3-08#4G40E1# 7DDH;;-08#-0#E@414#1E4F1#97;#B7E@#1.CB-7E-D#-0E4; /DE-70#5-33#B4#-0E;72HD42#/02# 2-1DH1142#-0#/#D7CF/;/E-G4#C/004;# M+HC#/02#O-;1D@<#=>>WN J##'@4#1.CB-7141#5-33#B4# Gene* Mutant Predicted Function L. japonicus M. truncatula P. sativum SYMRK SYMRK dmi2, nork sym19 Leucine rich repeat receptor kinase CASTOR castor unknown unknown Cation cha nnel POLLUX pollux dmi1 sym8 Cation channel NUP85 nup85 unknown unknown Putative nuclear pore component NUP133 nup133 unknown unknown Putative nuclear pore component CCaMK ccamk dmi3 sym9 Calcium and calmodulin dependent kinase CYCLOPS cyclops ipd3 un known unknown

PAGE 72

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

PAGE 73

# \[ # +HC#/02#O-;1D@<#=>>WNJ#*-;4DE-70/3#8;75E@#-0#B7E@#C.D7;;@-A/U#/02#;@-A7B-/3# 1.CB-7141#-1#;4/2-3.#7B14;G42#/02#-02D/E-G4#79#1-80/3#F4;D4FE-70J#%1#7B3-8/E4# 1.CB-70E1<#C.D7;;@-A/4#;4PH-;4#/#F3/0E#;77E#@71E#97;#1H;G-G/3J#(0#E@4#/B140D4#79#/# @71E#;77E<#@.F@/4#9;7C#/#84;C-0/E42#%R#/;4#7B14;G42#E7#8;75#703.#B;-493.#/02#-0# 070 L 1F4D-9-D#2-;4DE-701#B497;4#8;75E@#PH-DK3.#D4/141 #MV-7G/04EE-#4E#/3J<#?ZZW<# !4114;4;#4E#/3J<#=>>\NJ## # # `3/0E#4IH2/E41#D70E/-0#/0#4IE;/7;2-0/;-3.#5-24#G/;-4E.#79#D7CF7H021<#5@-D@# @/1#C/24#E@4#-240E-9-D/E-70#79#E@4#F3/0E L 24;-G42#D7CF7H02#;41F701-B34#97;#-0-E-/E-08# E@-1#1.CB-71-1#2-99-DH3EJ#(0#8404;/3<#E@4# ;@-A7B-/3#-02HDE-70#79#E@4#1.CB-7E-D#F/E@5/.# -1#B4EE4;#H024;1E772#E@/0#E@/E#79#C.D7;;@-A/4<#17#-E#5-33#B4#2-1DH1142#9-;1EJ#(E#@/1#3708# B440#K0750#E@/E#93/G707-21#/;4#-0G73G42#-0#E@4#4/;3.#1-80/3-08#9;7C#E@4#F3/0E#;77E# E-F1#E7#E@4#;@-A7B-/J#'@414#C734DH341# /;4#14D;4E42#H024;#0-E;7840 L 1E;411#9;7C#E@4# F3/0E1#;77E#E-F1#/02#@/G4#B440#E-42#E7#072#8404#-02HDE-70#M6/4E/07 L %073341#4E#/3J<# ?Z]]NJ#&72#8404#-02HDE-70#;41H3E1#-0#E@4#14D;4E-70#79#&72H3/E-70#M&72N#9/DE7;1#/1# 24E/-342#-0#E@4#04IE#14DE-70J#'@4#F4;D4FE-70#79 #B/DE4;-/3#&72#9/DE7;1#E@40#;41H3E1#-0# /0#-0D;4/142#B-71.0E@41-1#79#93/G707-21#B.#E@4#F3/0E L ;77E#E-F1<#;41H3E-08#-0#/#F71-E-G4# 9442B/DK#377F#K0750#/1#E@4# ( 0D;4/14#-0# & 72# V 404# ( 02HD42# : 3/G707-2#;41F7014#7;# E@4#(&(#;41F7014#M$4D7H;E#4E#/3J<#?ZZ=NJ## # # (0#/22E-70#E7#E@4#93/G707-2#1-80/31#F;72HD42#B.#E@4#;@-A7B-/#-E#@/1#;4D40E3.# B440#1@750#E@/E#E@4#;434/14#79#/#1F4D-/3-A42<#D.1E4-04#;-D@#F4FE-24#B.#E@4#F3/0E#D4331# -1#04D411/;.#E7#/3375#97;#E@4#;@-A7B-/3#1.CB-71-1#MO-041#=>?>U#n/08#4E#/3J<#=>?>NJ# '@414#F4FE-241# /;4#1.0E@41-A42#/02#E@40#F;7D41142#B.#/#1F4D-9-D#F3/0E#1-80/3#

PAGE 74

# \Y # F4FE-2/14J#(0#-E1#/DE-G4#97;C#E@414#F4FE-241#F;7C7E4#C/EH;/E-70#79#E@4#;@-A7B-/3# B/DE4;-/#-0E7#/0#/DE-G4#1.CB-70E#MO-041#=>?>U#n/08#4E#/3J<#=>?>NJ # D8A87!K(0@&%&:*!.:+%0(:%+!:%!64:;&1:0 # &72#8404 #-02HDE-70#7DDH;1#E@;7H8@#93/G707-2#B-02-08#79#/#E;/01D;-FE-70/3# ;48H3/E7;#9;7C#E@4#+.1$#9/C-3.#K0750#/1#&72*#M`4;;4E#4E#/3J<#=>>><#!/;04EE#/02# :-1@4;<#=>>\NJ#!-02-08#79#1F4D-9-D#93/G707-21#E7#&72*#E@40#-02HD41#E;/01D;-FE-70#79# &72#84041J#'@4#&72#84041#40D 724#/#G/;-4E.#79#2-994;40E#F;7E4-01#E@/E#/;4#;4PH-;42# 97;#E@4#B-71.0E@41-1#79#&72#9/DE7;1J#)4G4;/3#E.F41#79#&72*#F;7E4-01#4I-1EU#5@-D@# &72*#F;7E4-0#-1#/DE-G/E42#24E4;C-041#5@-D@#072#84041#/;4#E;/01D;-B42<#5@-D@#-0# EH;0#24E4;C-041#E@4#1E;HDEH;4#79#E@4#&72#9 /DE7;1#1.0E@41-A42#/1#/#;41H3E#79#93/G707-2# /DE-G/E-70#79#E@-1#F/E@5/.#M`4;;4E#4E#/3J<#=>>><#!/;04EE#/02#:-1@4;<#=>>\NJ#'@4#&72*# F;7E4-01#/DE-G/E42#/;4#/#;41H3E#79#E@4#E.F4#79#93/G707-21#E@/E#/;4#B4-08#4ID;4E42#B.# E@4#@71E#F3/0E#/02#-1#/#3/;84#;734#-0#@71E #1F4D-9-D-E.<#&72#9/DE7;#1E;HDEH;4#-1#E@H1#/# ;41H3E#79#E@4#-240E-E.#79#E@4#93/G707-21#14D;4E42#B.#E@4#@71E L F3/0E#M`4;;4E#4E#/3J<#=>>><# !/;04EE#/02#:-1@4;<#=>>\NJ##'@7H8@#1EH2-41#-CF3-D/E-08#93/G707-21#-0#-02HD-08#E@4# ;@-A7B-/3#1.CB-71-1#@/G4#B440#D/;;-42#7 HE#97;#.4/;1<#E@414#1EH2-41#@/G4#B440#97DH142# HF70#E@4# #52:#)4% #/FF3-D/E-70#79#E@414#D7CF7H021#Mn/1170#4E#/3J<#=>>\NJ#n-E@#/# B4EE4;#H024;1E/02-08#79#E@4#1.0E@41-1#79#93/G707-21#E@4#9-;1E# #52:#:% #G4;-9-D/E-70#79# E@4-;#-CF7;E/0D4#-0#-02HD-08#;@-A7B-/3#1.CB-7 1-1#5/1#D/;;-42#7HE#-0#=>>\# M)HB;/C/0-/0#4E#/3J<#=>>^NJ##'@4#;414/;D@4;1#54;4#/B34#E7#F;72HD4#/0#-1793/G704# 1.0E@/14 L 1-340D42#17.B4/0#F3/0E#M)HB;/C/0-/0#4E#/3J<#=>>^NJ#%1#/#D7014PH40D4#79# E@414#249-D-40D-41#E@4#F3/0E#5/1#1440#E7#B4#072H34#249-D-40E#5@40#-0 #E@4#F;4140D4#79#

PAGE 75

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`@-33-F1#4E#/3J<#?ZZ=U# V/8070#/02#(B;/@-C<#?ZZ] NJ#:H;E@4;C7;4<#070 L 93/G707-2#-02HDE-70#79#&72* L ;48H3/E42#E;/01D;-FE-70#@/1#/317#07E#B440# 24C701E;/E42#97;#/33#79#E@4#&72*#F;7E4-01#M677 F4;<#=>>^NJ# # D8A8787!Y&*G!56&-):%.! # '@;44#E.F41#79#&72*#F;7E4-01<#&72*?<#&72*=<#/02#&72*W<#/;4#93/G707-2# -02HD42#M`4;;4E#4E#/3J<#=>>><#!/;04EE#/02#:-1@4;<#=>>\NJ#%#B;7/2#G/;-4E.#79#93/G707-21# D/0#/DE-G/E4#4/D@#&72*#F;7E4-0<#/02#/1#C40E-7042#/B7G4<#E@4#-24 0E-E.#79#E@4#B7H02# 93/G707-2#24E4;C-041#E@4#&72#84041#E@/E#/;4#E;/01D;-B42#5@-D@#-0#EH;0#24E4;C-041# E@4#1E;HDEH;4#79#E@4#&72#9/DE7;#E@/E#-1#F;72HD42#M677F4;<#=>>^NJ#64;E/-0#93/G707-21# D/0#/DE#/1#-02HD4;1#-0#17C4#B/DE4;-/3#1F4D-41#/02#/0E--02HD4;1#-0#7E@4;J #+HE473-0#5/1# E@4#9-;1E#93/G707-2#D3/11-9-42#/1#/0#-02HD4;#79#&72*#;48H3/E42#8404#E;/01D;-FE-70# M `4E4;1 # 4E#/3J< # ?Z]\U#$42C702 # 4E#/3J< # ?Z]\NJ#670G4;143.<# E@4#B-02-08#79#E@4#-0D7;;4DE# D7CF7H02#9;7C#E@4#5;708#@71E L F3/0E#E.F4#@/1#B440#1@750#E7#-0@-B-E#&72*#-02 HD42# E;/01D;-FE-70#M`4;;4E#4E#/3J<#=>>><#!/;04EE#/02#:-1@4;<#=>>\NJ#V404;/33.<#C-IEH;41#79# 93/G707-21#/;4#4ID;4E42#34/2-08#E7#E@4#1.0E@41-1#79#H0-PH4#9/DE7;1#M !73/071 L b/1PH4A# /02#n4;04;<#?ZZ^U#!48HC # 4E#/3J< # =>>? NJ#'@-1#-1#704#/1F4DE#E@/E#-1#1F4DH3/E42#E7#3 4/2#

PAGE 76

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c*`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

PAGE 77

# \] # ).C#F/E@5/.#/02#-02HD-08#;77E L @/-;#2497;C/E-70J#$77E#@/-;#8;75E@#-02HD42#B.#072# 9/DE7;#F4;D4FE-70#@/1#B440#1@750#E7#7DDH;#2-;4DE-70/33.<#E@4#;77E#@/-;#144C1#E7#H14# E@4#2-;4DE-70#79#/F F3-D/E-70#/1#/#;494;40D4#97;#5@4;4#E@4#@.F7E@4E-D/3#;@-A7B-/3# B/DE4;-/#57H32#B4#M,1143-08#4E#/3J<#=>>WNJ#X04#/EE;-BHE4#79#&72#9/DE7;1#E@/E#-1#79# F/;E-DH3/;#-0E4;41E#-1#E@4-;#1E;HDEH;4U#&72#9/DE7;1#D70E/-0#/# !" 1 4 3-0K42 L & L /D4E.3 L L 83HD71/C-04#;41-2H4#B/DKB 704<#5@-D@#B4/;1#;414CB3/0D4#E7 #D@-E-0#M!709/0E4 L :/1737#4E#/3J<#?ZZ>NJ#'@-1#-1#-0E4;41E-08#/1#E@4#G4;.#1/C4#B/DKB704#-1#/#3/;84# D7CF7040E#79#C.D7;;@-A/3#9H08/3#D433#5/331#M!709/0E4 L :/1737#4E#/3J<#?ZZ>NJ#(0#9/DE<# &726<#704#79#E@4#072#84041#D72-08#97;#F;7E401#-0G73G42#-0#072#9/DE7;#1.0E@41-1<# 1@751#1E;HDEH;/3#1-C-3/;-E.#E7#9H08/3#D@-E-0#1.0E@/141<#-0D3H2-08#E@714#1440#-0#E@4# /;BH1DH3/;#C.D7;;@-A/3#F@.3HC<# 8.%(*4%(/,%)-2 M+HC#/02#O-;1D@<#=>>WNJ#'@-1#@/1# B440#1H8841E42#E7#-02-D/E4#E@4#F711-B34#/DPH-1-E-70#79#9H 08/3#84041#B.#;@-A7B-/#/1#/# C4D@/0-1C#97;#E@4#7BE/-0-08#79#E@4#D/F/B-3-E.#E7#/DE-G/E4#E@4#).C#F/E@5/.#M+HC#/02# O-;1D@<#=>>WNJ# # # &72#9/DE7;1#/;4#/#G-E/3#F/;E#79#;@-A7B-/3#1-80/3-08#BHE#/317#F3/.#/#3/;84#;734#-0# ;4D780-E-70J#'@4#-240E-9-D/E-70#79#/#&72#9/DE7 ;#F4;D4FE-70#M&:`N#37DH1#5/1#E@4#9-;1E# 1E4F#-0#E@4#-240E-9-D/E-70#79#072#9/DE7;#;4D4FE7;1#M%C7;#4E#/3J<#=>>WU#144#9-8#WJ=NJ##'@4# F4;D4FE-70#79#072#9/DE7;1#-1#G-E/3#97;#-02HD-08#;77E#@/-;#DH;3-08#/02#97;#/DE-G/E-70#79# E@4#).C#F/E@5/.J#&:`#048/E-G4#CHE/0E1#5 4;4#1@750#E7#@/G4#/B173HE43.#07# ;41F7014#E7#072#9/DE7;#-0# 7*6#,-3%2)4'5,-)'.#M%C7;#4E#/3J<#=>>WNJ#)4G4;/3#072#9/DE7;# ;4D4FE7;1#@/G4#B440#-240E-9-42J#(0# H%)'12K-0%5#,'1I #84041#40D72-08#;4D4FE7; L 3-K4# K-0/141#5-E@#+.1R#27C/-01#@/G4#B440#-240E-9-42#/02#8-G40# E@4#0/C41#&72 L 9/DE7;# ;4D4FE7;#K-0/141#?#/02#Y#M&:$N#MR/2140#4E#/3J<#=>>WU # $/2HE7-H#4E#/3J<#=>>WNJ##(0#

PAGE 78

# \Z # 7*6#,-3%2)4'5,-)'.-I2 84041#40D72-08#;4D4FE7;#3-K4#K-0/141#79#1-C-3/;#1E;HDEH;4#E7# &:$?#@/G4#B440#-240E-9-42#/02#E@414#E57#@/G4#B440#0/C42# +.1R #27C/-0 t D70E /-0-08#;4D4FE7; L 3-K4# K-0/141 #M+.KN#M+-CF401#4E#/3J<#=>>WNJ#+.1R#27C/-01#/;4# K0750#E7#B-02#E7#D@-E-0#M`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`#;4D4FE7;#M/#+.K#;4D4FE7;#5@-D@#-1#7;E@73787H1#E7#&:$?#/02#&: $YN#5@-D@# ;41H3E1#-0#;77E#@/-;#DH;3-08#/02#D@/0841#-0#F3/0E#;77E#E;/01D;-FE-70#M9;7C#_7041#4E#/3J# =>>^NJ #

PAGE 79

# ^> # # X04#7E@4;#8404#F;72HDE#-1#/DE-G4#/E#E@-1#F7-0E#-0#1-80/3-08#97;#B7E@#B/DE4;-/3# /02#9H08/3#1.CB-70E1J#'@-1#8404#-1#E@4#1.CB-71-1#;4D4FE7;#K-0/14#M)"R$g N<#5@-D@# @/1#7;E@7378H41#-0#/#;/084#79#7E@4;#F3/0E1#E@/E#@/G4#B440#8-G40#2-994;40E#0/C41# M,02;4#4E#/3J<#=>>=U#)E;/DK4#4E#/3J<#=>>=NJ#RHE/E-701#-0#)"R$g#/02#-E1#7;E@7378H41# ;41H3E1#-0#;77E1#E@/E#9/-3#E7#H024;87#D/3D-HC#71D-33/E-701<#5@-D@#07;C/33.#7DDH;# 973 375-08#F4;D4FE-70#79#/#1.CB-70E#/1#/#F;4;4PH1-1E4#97;#1.CB-71-1#-02HD42#8404# E;/01D;-FE-70U#E@-1#9/C-3.#79#K-0/141#E@H1#D70E/-01#-0E48;/3#F3/.4;1#-0#E@-1#F/E@5/.# M6/E7-;/#4E#/3J<#=>>>NJ#,IF;411-70#79#)"R$g#9;7C# 7*6#,-3%2)4'5,-)'.#-0# H%)'12 K-0%5#,'1 #/33754 2#E@4#3/EE4;#F3/0E#;77E1#E7#1E-33#072H3/E4#-0#E@4#F;4140D4#79#&72# 9/DE7;1# MV@4;B-#4E#/3J<#=>>]U#R/;KC/00#4E#/3J<#=>>]NJ# #'@-1#-02-D/E41#E@/E#)"R$g#-1# 07E#/DE-G4#-0#24E4;C-0-08#E@4#@71E#1F4D-9-D-E.#79#E@4#B/DE4;-/#/02#E@H1<#)"R$g#C71E# 3-K43.#2741#07E#F4;D4G4#072#9/DE7;1#2-;4DE3. J# '@-1#9-02-08#/317#-CF3-41#E@/E#)"R$g# /DE1#27501E;4/C#79#&:$?#/02#&:$Y# MV@4;B-#4E#/3J<#=>>]U#R/;KC/00#4E#/3J<#=>>]NJ# # &:$?#/02#&:$Y#D7H32#-0E4;/DE#5-E@#)"R$g#E@;7H8@#/#14D702/;.#C4114084;#7;# D7H32#/317#/DE#/1#F/;E#79#/#&:$ L )"R$g#@4E 4;7D7CF34I#M$/2HE7-H#4E#/3J<#=>>WNJ# !-02-08#79#072#9/DE7;#E7#&:$?#/02#&:$Y#-02HD41#-70 L 93HI41#5@-D@#-0#EH;0#D/H141# ;77E#@/-;#E-F#15433-08#M,1143-08#4E#/3J<#=>>WNJ#(E#-1#/317#B43-4G42#E7#34/2#E7# F@71F@7;.3/E-70#79#)"R$g<#5@-D@#-0#EH;0#-02HD41#E@4#27501E;4/C #D/3D-HC# 71D-33/E-701#/117D-/E42#5-E@#;77E#@/-;#DH;3-08#/02#E@4#/DE-G/E-70#79#E@4#D/3D-HC# 1-80/3-08# MV@4;B-#4E#/3J<#=>>]U#R/;KC/00#4E#/3J<#=>>]NJ# #(E#@/1#B440#24C701E;/E42# E@/E#)"R$g#C71E#3-K43.#;48H3/E41#D/3D-HC#1-80/3-08#E@;7H8@#/HE7F@71F@7;.3/E-70 L ;48H3 /E42#K-0/14#/DE-70#M "71@-2/#/02#`/;0-1K4<#=>>YU#R/;KC/00#4E#/3J<#=>>]NJ #

PAGE 80

# ^? # D8A8D!I06(=!.:+%0(:%+!:%!<=#&664:;0) # (0#E@4#D/14#79#E@4#C.D7;;@-A/3#1.CB-71-1<#93/G707-21#54;4#1@750#E7#/DE-G/E4# C.D7;;@-A/4#E7#/#D4;E/-0#4IE40E#M!rD/;2#4E#/3J<#?ZZ=U#*7H21#4E#/3J<#? ZZ\NJ#(E#5/1# E@4;497;4#-0-E-/33.#1F4DH3/E42#E@/E#C.D7;;@-A/4#HE-3-A42#E@4#1/C4#/EE;/DE-70# C4D@/0-1C#/1#;@-A7B-/<#E@/E#-1#E7#1/.#E@/E#93/G707-21#54;4#;41F701-B34#97;#E@4# /EE;/DE-70#79#C.D7;;@-A/3#@.F@/4#E7#0HE;-40E L 1E;41142#F3/0E L ;77E1#M6/4E/07 L %073341 # 4E#/ 3J<#?Z]]U# V-/0-0/AAL `4/;170#4E#/3J<#?Z]Z N J#(02442<#F3/0E#4IH2/E4#D70E/-0-08#/# 8;7HF#79#93/G707-2 L 24;-G42#C734DH341#D/3342#93/G70731#54;4#1@750#E7#1E-CH3/E4# 1F7;4#84;C-0/E-70#/02#4/;3.#@.F@/3#8;75E@#MV-/0-0/AAL `4/;170#4E#/3J<#?Z]ZNJ# :3/G70731#D701-1E#79#/ #93/G707-2#B/DKB704#/02#D/0#D70E/-0#/#G/;-4E.#79#2-994;40E# /EE/D@42#8;7HF1J#:-8H;4#WJW#-33H1E;/E41#E@4#1E;HDEH;4#79#/#93/G7073#/1#D7CF/;42#E7#E@4# 8404;-D#1E;HDEH;4#79#/#93/G707-2#B/DKB704#/02#/#93/G704<#5@-D@#9/-31#E7#-02HD4#/# C.D7;;@-A/3#;41F7014#M!rD/;2# 4E#/3J<#?ZZWU#+HC#/02#O-;1D@<#=>>WNJ##:H;E@4;#;414/;D@# D70D3H242#E@/E#E@4#F;4140D4#79#/#Wa@.2;7I.3#8;7HF#70#E@4#93/G7073#5/1#04D411/;.#97;# E@-1#1E-CH3/E-70#M!rD/;2#4E#/3J<#?ZZWNJ#'@7H8@#1@750#E7#1E-CH3/E4#E@4#4/;3.#1E/841#79# C.D7;;@-A/3#1-80/3-08<#C/-A4#F3 /0E1#5-E@#CHE/E42#D@/3D704#1.0E@/14#84041<#D/H1-08# E@4C#E7#3/DK#E@4#/B-3-E.#E7#1.0E@41-A4#/02#14D;4E4#93/G707-21<#54;4#1E-33#7B14;G42#E7# 1E-CH3/E4#E@4#;41F7014#M!rD/;2#4E#/3J<#?ZZYNJ#'@-1#-02-D/E42#E@/E#/07E@4;<#F4;@/F1# C7;4#HB-PH-E7H1#/EE;/DE-70#C4D@/0-1C #C/.#B4#-0G73G42#M!rD/;2#4E#/3J<#?ZZYNJ#

PAGE 81

# ^= # # :-8H;4#WJW #V404;/3#1E;HDEH;4#79#/#93/G707-2#M%N<#E@4#93/G7073#PH4;D4E-0#M!N<#/02#E@4# 93/G704#3HE473-0J#:3/G70731#D/0#D7C4#5-E@#/#G/;-4E.#79#2-994;40E#/EE/D@42#8;7HF1<# C/0.#D70E/-0#/#Wa#@.2;7I.3#8;7HFJ#M6N#'@4#Wa#@ .2;7I.3#D/0#B4#1440#@4;4#-0#PH4;D4E-0<# @754G4;#07E#-0#3HE473-0J#uH4;D4E-0#-1#K0750#E7#1E-CH3/E4#/#9H08/3#;41F7014<#5@4;4/1<# 3HE473-0#2741#07EJ#:H08/3#;41F7014#E7#93/G70731#-1#E@7H8@E#E7#24F402#HF70#E@-1#Wa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v/ L V/;;-27# 4E#/3J<#=>>ZN J#'@414#9-02-081#@/G4#B44 0#@.F7E@41-A42#E7#-02-D/E4#E@/E#1E;-873/DE7041# F3/.#/#3/;84#;734#-0#E@4#/DE-G/E-70#79#3-F-2#C4E/B73-D#F/E@5/.1#-0#E@4#9H08-#/02#E@4# B48-00-08#79#E@4#/EE;/DE-70#F@/14#M!4114;4;#4E#/3J< # =>>\ U#V/;Dv/ L V/;;-27#4E#/3J<#=>>Z NJ #

PAGE 82

# ^W # # (E#-1#5433#41E/B3-1@42#E@/E#93/G707 -21#/;4#E@4#F;-C/;.#1-80/3-08#C734DH341# 34/2-08#E7#072#8404#/DE-G/E-70<#5@-D@#34/21#E7#1.0E@41-1#79#@71E#1F4D-9-D#072#9/DE7;1J# n@-34#E@-1#34G43#79#1-80/3-08#-1#F;7B/B3.#E@4#B41E#H024;1E772#F/;E#79#E@4#;@-A7B-/3# F/E@5/.#-E#-1#F4;@/F1#E@4#34/1E#43HD-2/E42#/0 2#34/1E#H024;1E772#F/;E#79#C.D7;;@-A/3# 1-80/3-08J#)E;-873/DE7041#@/G4#B440#24C701E;/E42#E7#B4#-CF7;E/0E#-0#E@4# 41E/B3-1@C40E#79#E@4#C.D7;;@-A/3#1.CB-71-1#M!4114;4;#4E#/3J< # =>>\U# V/;Dv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` ;4 L ` 404E;/E-70# % FF/;/EH1#M``%N#F;-7;#E7#D70E/DE#B4E5440#E@4# F3/0E#;77E#/02#E@4#1.C B-70E#1H8841E1#1-80/3#4ID@/084#;41H3E-08#-0#;4D780-E-70#79#E@4# 1.CB-70E#F;-7;#E7#D70E/DE#B4E5440#E@4#@.F@/4#/02#E@4#F3/0E#;77EJ#%#C734DH34#D7-042# /#C.D7;;@-A/3#MR.DN#9/DE7;#-1#F71EH3/E42#E7#/DE#/E#E@-1#F7-0E#Mg71HE/#4E#/3J<#=>>WNJ# :H0DE-70/33.<#R.D#9/DE7;1 #57H32#0442#E7#/DE-G/E4#E@4#).C#1-80/3-08#F/E@5/.<#5@-D@#

PAGE 83

# ^[ # -02HD41#D/3D-HC#71D-33/E-701<#;41H3E-08#-0#E@4#E;/01D;-FE-70#79#F3/0E#1.CB-71-1#84041# M`/;0-1K4#4E#/3J<#=>>]NJ# # # )EH2-41#/-C42#/E#-240E-9.-08#/#R.D#9/DE7;#@/G4#C/24#17C4#F;78;411-70J#'@4# F3/0E#24;-G4 2<#4/;3.#072H3-0#8404<#,&X*??<#/#8404#D72-08#97;#/# ;4F4E-E-G4#F;73-04 L ;-D@#F;7E4-0#4IF;41142#2H;-08#E@4#4/;3.#1E/841#79#072H3/E-70<#5/1#/317# 1@750#E7#B4# /DE-G/E42#2H;-08#E@4#F;41.CB-7E-D#F@/14#B497;4#@.F@/3#D70E/DE#/02#-0#E@4#G-D-0-E.#79# E@4#@.F@/4#2H;-08# C.D7;;@-A/E-70#M_7H;04EE#4E#/3J<#=>>?U#g71HE/ # 4E#/3J<#=>>WNJ#(0#E@4# 3/EE4;#3/02C/;K#4IF4;-C40E<#F3/0E#;77E1#/02#9H08/3#@.F@/4#54;4#8;750#-0#D3714# F;7I-C-E.#E7#704#/07E@4;<#BHE#14F/;/E42#B.#/#C4CB;/04#F7;7H1#E7#1C/33#C734DH341# BHE#-CF404E;/B34#E7#4-E@4;#;77 E1#7;#@.F@/4# M g71HE/ # 4E#/3J<#=>>WNJ#(0#E@-1#14EHF<# /0# ,&X*?? L F;7C7E4;eew L 83HDH;70-2/14#MVc)N#9H1-70#5/1#/DE-G/E42#/E#/#3/;84#2-1E/0D4# 9;7C#E@4#9H08/3#@.F@/4J#'@-1#5/1#E@4#9-;1E#D70D3H1-G4#4G-240D4#97;#E@4#4I-1E40D4#79#/# C.D#9/DE7;#M g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xWY>>#*/#9/DE7;#-1# ;434/142#9;7C#E@4#B;/0D@-08#9H08/3#1F7;4<#B-021#E7#/#1F4D-9-D#;4D4FE7;<#F711-B3.# ,&X*??<#5@-D@#;41H3E1#-0#/DE-G/E-70 #79#E@4#).C#F/E@5/.#/02#4G40EH/33.#E@4#

PAGE 84

# ^Y # 24G437FC40E#79#/#``%##M6@/B/H2#4E#/3J<#=>>= U# g71HE/ # 4E#/3J<#=>>W U# &/G/A-7 # 4E#/3J<# =>>^NJ# # # :H;E@4;#D@/;/DE4;-A/E-70#79#E@4#,&X*??#8404#-1#E@4#7BG-7H1#F;78;411-70#-0# E@-1#;414/;D@J#!.#D@/;/DE4;-A-08#E@4#1E;HDEH;4#79#E@ 4#F;7E4-0#D7242#97;#B.#,&X*??#-E# C/.#B4#F711-B34#E7#E@40#-240E-9.#F711-B34#D7CF7H021#B-02-08#E7#-E#/02#E@H1# F7E40E-/33.#-240E-9.#/#C.D#9/DE7;J#)E;HDEH;/3#1-C-3/;-E.#79#/#C.D#9/DE7;#E7#;@-A7B-/3# 072#9/DE7;1#57H32#B4#/0#4ID-E-08#BHE#07E#5@733.#H04IF4DE42#2-1 D7G4;.#8-G40#E@/E#E@4# 072#9/DE7;#1E;HDEH;4#HE-3-A41#/#D@-E-0 L E.F4#B/DKB704#/02#E@4#1-C-3/;-E.#79#E@4#&726# 8404#E7#/#8404#D72-08#97;#/#D@-E-0#1.0E@/14#9;7C#/;BH1DH3/;#C.D7;;@-A/3#9H08-#79#E@4# 9H08/3#F@.3HC# 8.%('12 M+HC#/02#O-;1D@<#=>>WNJ##%1#/3;4/2.#1E/E42<# D@-E-0#-1#/# C734DH34#E@/E#-1#D7CC703.#97H02#-0#9H08/3#D433#5/331<#E@4;497;4#HE-3-A-08#1-C-3/;# 1-80/3-08#C734DH341#57H32#C/K4#14014J#'@-1#D7H32#/317#C/K4#2-1E-08H-1@-08#B4E5440# E@4#E57#1.CB-70E1#2-99-DH3E<#/3E@7H8@#1HD@#2-1E-0DE-70#57H32#B4#04D411/;.#-0#7;2 4;# 97;#B7E@#1.CB-70E1#E7#43-D-E#/#G/;-42#27501E;4/C#;41F7014J##(0#/22-E-70<#/#1EH2.# H1-08#F3/0E1#5-E@#CHE/E-701#-0#E@4#&:$?#/02#&:$Y#84041#1@7542#E@/E#E@414#341-701# @/2#/0#4994DE#70#4/;3.#;@-A7B-/3#072#9/DE7;#F4;D4FE-70#BHE#07#4994DE#HF70# C.D7;;@-A/3#1-80/ 3-08#-02-D/E-08#E@/E#/#C.D#9/DE7;#D7H32#B4#1E;HDEH;/33.#2-994;40E# 9;7C#072#9/DE7;1#M n4843#4E#/3J<#?ZZ]U#$/2HE7-H<#=>>WN J## # # %#1EH2.#FHB3-1@42#TH1E#E@-1#.4/;#-02-D/E41#E@/E#E@-1#2-99H1-B34#R.D#9/DE7;#C/.# /DEH/33.#B4#/#1E4;7-2#MgH@0<#=>?>NJ#V404#4IF;411-70#F ;79-3-08#79#$&%#4IE;/DE42#9;7C# /;4/1#79#@.F@/3#D70E/DE#4IE;/DE42#9;7C# 7*6#,-3%2)4'5,-)'.#F3/0E1#;4G4/342#E@/E#704# 79#E@4#4IF;41142#84041#D7241#97;#/#F;7E4-0#5-E@#F;42-DE42#1E;HDEH;/3#1-C-3/;-E.#E7#/#

PAGE 85

# ^\ # C4CB;/04 L 37D/3-A42#1E4;7-2 L B-02-08#F;7E4-0#MR)!`NJ#'@4#8 404#5/1#E@H1#0/C42# R)!`?#MgH@0<#=>?>NJ#(E#5/1#1@750#E7#B4#/DE-G/E42#2H;-08#E@4#;434/14#79#/#2-99H1-B34# C.D#9/DE7;J#)F4D-9-D/33.<#/#V:` L 3-0K42# RER)!`?#F;7C7E4;#D701E;HDE#5/1#1@750#E7#B4# /DE-G/E42#5@-34#8;750#-0#E@4#F;4140D4#79#/#84;C-0/E42#C.D7;;@-A/3#9H08H 1# F;72HD-08#@.F@/4#8;75-08#2-;4DE-70/33.#E75/;21#E@4#F3/0E#;77E# MgH@0#4E#/3J<#=>?>N J# :3H7;41D40D4#5/1#1440#-0#E@4#;48-70#04/;#5@4;4#E@4#@.F@/4#54;4#8;75-08#/02#5/1# 7B14;G42#4G40#B497;4#E@4#@.F@/4#/02#F3/0E#;77E#D/C4#-0E7#D70E/DEJ#'@4;497;4<#-E# /FF4/;1#E@/E #17C4#17;E#79#2-99H1-B34#9H08/3 L 24;-G42#9/DE7;#-1#-02442#/DE-G/E-08#/02# D/H1-08#4IF;411-70#79#E@4#R)!`?#8404#/02#E@4#1E;HDEH;4#79#E@4#F;7E4-0#F;42-DE42#E7# B4#40D7242#B.#R)!`?#-02-D/E41#E@/E#E@-1#2-99H1-B34#9/DE7;#C/.#B4#/#1E4;7-2# MgH@0#4E# /3J<#=>?>N J## # # %# G/;-4E.#79#1E4;7-21#D7H32#B4#/DE-G4#-0#E@-1#17;E#79#1-80/3-08#MgH@0#4E#/3J<# =>?>U#!HD@4;#4E#/3J#=>?>NJ#X04#E@-08#E@/E#CH1E#B4#B;7H8@E#-0E7#PH41E-70#/B7HE# 5@4E@4;#7;#07E#/#1E4;7-2#D7H32#/DE#/1#/#C.D#9/DE7;#-1#5@4E@4;#1E4;7-21#/;4#D/F/B34#79# 3708 L ;/084#E;/G4 3#M!HD@4;#4E#/3J<#=>?>NJ#)E4;7-21#/;4#070 L F73/;#/02#E@7H8@#1@7;E# ;/084#1-80/3-08#2741#7DDH;<#-E#-1#PH41E-70/B34#5@4E@4;#7;#07E#/#1E4;7-2#57H32#B4#/B34# E7#E;/G43#E@;7H8@#4IE;/D433H3/;#C42-HC#/33#E@4#5/.#9;7C#/0#4IE402-08#@.F@/#E7#E@4# F3/0E#;77EJ#X04#1H8841E -70#-1#E@/E#E@4#1E4;7-21#D7H32#C/K4#H14#79#17C4#17;E#79#D/;;-4;# C734DH34<#5@-D@#D7H32#9/D-3-E/E4#E@4#3708 L ;/084#E;/01F7;E#79#/#1E4;7-2#1-80/3#M!HD@4;# 4E#/3J<#=>?>NJ#O754G4;<#E@4#F711-B-3-E.#D7H32#07E#B4#4ID3H242#E@/E#E@4#1E4;7-2#1-80/3# D7H32#B4#79#F3/0E#7; -8-0J#(9#E@-1#-1#E@4#D/14#E@40#E@4#1E4;7-2#1-80/3-08#E7#R)!`?#D7H32# B4#/#14D702/;.#1-80/3-08#4G40E#MgH@0#4E#/3J<#=>?>NJ #

PAGE 86

# ^^ # # :73375-08#C.D#9/DE7;#F4;D4FE-70#/#;734#97;#)"R$g#@/1#B440#24E4;C-042#E7# /DE#-0#E@-1#F/E@5/.#/1#5433#M)E;/DK4#4E#/3J<#=>>=NJ##n-E@7HE#K0 7534284#79#/#C.D#9/DE7;# ;4D4FE7;#-E#-1#@/;2#E7#1F4DH3/E4#HF70#@75#E@-1#F;7E4-0#9-E1#-0E7#E@4#F/E@5/.<# @754G4;<#)"R$g#-1#B43-4G42#E7#B4#E@4#D7CC70#40E;.#F7-0E#E7#E@4#1.C#F/E@5/.#97;# B7E@#C.D7;;@-A/4#/02#;@-A7B-/#M)E;/DK4#4E#/3J<#=>>=U#V@4;B-#4E#/3J<#=>>]NJ# n@-34#E@4# 4I/DE#C4E@72#79#)"R$g#/DE-G/E-70#-0#E@4#C.D7;;@-A/3#1.CB-71-1#-1#07E#D34/;<#-E#-1# B43-4G42#E7#B4#HE-3-A42#-0#/#C/004;#1-C-3/;#E7#@75#-E#5/1#H142#-0#E@4#;@-A7B-/3# 1.CB-71-1#Mg-1E04;#/02#`/;0-1K4<#=>>=U#`/;0-1K4<#=>>]NJ#!-02-08#79#/#C.D#9/DE7;#E7# E1#;4D4FE7;#34/21#E7#E@4#/DE-G/E-70#79#)"R$g#/02#E@4#/DE-G/E-70#79#E@4#1@/;42#).C# F/E@5/.J#'@4#4IE;/D433H3/;#27C/-01#79#)"R$g#/;4#.4E#E7#@/G4#B440#D@/;/DE4;-A42U#-E# -1#F711-B34#E@/E#C.D#9/DE7;1#D7H32#-0E4;/DE#2-;4DE3.#5-E@#E@4#)"R$g#4IE;/D433H3/;# 27C/-0#Mg -1E04;#/02#`/;0-1K4<#=>>=U#`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n4843# 4E#/3J<#?ZZ]U#$/2HE7-H<#=>>WN J# # # %0#/3E4;0/E4#C4E@72#79#/DE-G/E-70#79#E@4#F/E@5/.#C/.#/317#4I-1E#M+/CB/-1<# =>>\NJ#%3E@7H8@#B7E@#1.CB-70E1#HE-3-A4#E@4#1/C4#F/E@5/.#/02#/DE-G/E4#14G40#

PAGE 87

# ^] # D7CC70 #).C#84041<#14G4;/3#7E@4;#070 L D7CC70#84041#/;4#/317#E;/01D;-B42# 27501E;4/C#79#E@4#F/E@5/.#MG/0#g/CC40<#?Z][U#V-/0-0/AAL `4/;170<#?ZZ\U# &-4@/H1#4E#/3J<#?ZZ]U#g-1E04;#4E#/3J<#=>>YU#gk1E4;#4E#/3J<#=>>^U#)@E/;K#4E#/3J<#=>?>NJ #(0# /22-E-70<#C.D7;;@-A/3#9H08-#/;4 #PH-E4#F;7C-1DH7H1<#5@-34#E@4#C7;4#1F4D-9-D#;@-A7B-/# /;4#3-C-E42#E7#97;C-08#1.CB-7141#5-E@#F3/0E1#79#E@4#:/B/D4/4#9/C-3.<#4/D@#H1H/33.# /117D-/E-08#5-E@#703.#/#945#1F4D-41#5-E@-0#E@/E#9/C-3.# #M)D@kl34;#4E#/3J<#=>>?N J##O71E L 1F4D-9-D-E.#79#E@4#;@-A7B-/#-1#D72 42#97;#-0#E@4#&72#9/DE7;#1E;HDEH;4#M )D@kl34;#4E#/3J<# =>>?N J#'@414#@71E L 1F4D-9-D-E.#2-994;40D41#144C#E7#-02-D/E4#E@/E#2-11-C-3/;-E-41#4I-1E# B4E5440#E@4#R.D#/02#&72#9/DE7;1J# # # '@4#F/F4;#FHB3-1@42#E@-1#.4/;#B.#gH@0#/02#@-1#D7334/8H41#57H32#B4# D701-1E/0E#5-E@# E@-1#/3E4;0/E4#G-45<#8-G-08#173-2#4G-240D4#79#/DE-G/E-70#79#R)!`?#B.#/# 2-99H1-B34#D7CF7H02<#C7;4#E@/0#3-K43.#/#1E4;7-2#1-80/3-08#C734DH34#2H4#E7#E@4#0/EH;4# 79#E@4#F;7E4-0#E@/E#-1#D7242#97;#B.#R)!`?#M!HD@4;<#=>?>U#gH@0<#=>?>NJ#'@4#-0/B-3-E.# E7#DH3EH;4#C.D7; ;@-A/4#@/1#B440#4IE;4C43.#-0@-B-E7;.#79#C.D7;;@-A/3#;414/;D@J# '@4;497;4<#E@414#E.F4#79#/2G/0D4C40E1#@/G4#703.#B440#C/24#F711-B34#E@;7H8@# 8;H43-08#8404E-D#1EH2-41#5@-D@#@/G4#703.#;4D40E3.#B4D7C4#4/1-4;#/9E4;#E@4#7BE/-0-08# 79#9H33#8404#14PH40D41#79#14G4;/3#C .D7;;@-A/3#1F4D-41J# # # %E#E@4#DH;;40E#E-C4<#-0/24PH/E4#K07534284#4I-1E1#E7#C/K4#/#D70D3H1-70#/1# 4G-240D4#4I-1E1#70#/33#1-241#79#E@-1#/;8HC40E#/02#4/;3.#C.D7;;@-A/3#1-80/3-08#-1#1E-33# 4IE;4C43.#H0D34/;J#!7E@#79#E@4#F;4G-7H13.#C40E-7042#F7E40E-/3#R.D#9/DE7;#; 4D4FE7;1# /02#R)!`?#D7H32#G4;.#5433#B4#/DE-G/E42#B.#E@4#1/C4#1-80/3-08#C734DH34#M!HD@4;<# =>?>NJ#n4;4#D@/;/DE4;-A/E-70#79#E@414#84041#E7#24E4;C-04#E@/E#E@4.#/;4#-02442#

PAGE 88

# ^Z # /DE-G/E42#B.#2-994;40E#1-80/3-08#C734DH341<#E@-1#57H32#144C#E7#-02-D/E4#E@/E#CH3E-F34# C4E@ 721#79#/DE-G/E-70#97;#E@-1#F/E@5/.#4I-1EJ#XBG-7H13.<#249-0-E-G4#-02-D/E-70#79#E@414# 9/DE7;1#-1#04D411/;.#E7#B;-08#D3/;-E.#E7#E@-1#1HBT4DE#M!HD@4;<#=>?>NJ## # D8A8J!Y&*!K0#-&6!N%*C#)*!30(#:C,!N%2(CB!0%*!F4)506*W.!36&&$!G)@)(&5,)%! # &72#9/DE7;#F4;D4FE-70#14E1# 799#/#14;-41#79#4G40E1J#:-;1E<#-E#-02HD41#;77E#@/-;# 15433-08#-02-;4DE3.#E@;7H8@#-0D;4/1-08#E@4#D.E7173-D#34G431#79#6/ =f #-0#E@4#;77E#@/-;1# 41F4D-/33.#04/;#E@4#F3/1C/#C4CB;/04<#D/H1-08#E@4#;77E1#E7#F;7E;H24#E75/;21#E@4# 1.CB-70E#B/DE4;-/#M,1143-08#4E#/3J<#=>> WNJ##'@-1#-02HD41#;77E#@/-;#8;75E@#/02#DH;3-08# -0#E@4#2-;4DE-70#79#E@4#&72#9/DE7; L 14D;4E-08#;@-A7B-/3#B/DE4;-/#M,1143-08#4E#/3J<#=>>WNJ# '@4#2-;4DE-70/3#DH;3-08#79#E@4#;77E#@/-;#-1#-02HD42#B.#/#;/E@4;#07G43#C4D@/0-1CJ#'@4# ;-14#-0#D.E7173-D#D70D40E;/E-701#79 #6/ =f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cF70#B-02-08#79#E@4#;@-A7B-/3#B/DE4;-/#E7#E@4#;77E# @/-;<#072#9/DE7;#14D;4E-70#D70E-0H41#D/H1-08#E@-1#4994DE#E7#B4#/CF3-9-42<#E@H1#-02HD-08# E@4#97;C/E-70#79#E@4#1@4F/;2a1#D;77K#/02#E@4#HFE/K4#79#E@4#B/DE4;-/#M,C701#/02# RH324;<#=>>>U#,1143-08#4E#/3J<#= >>WNJ#:-8H;4#WJ[#-33H1E;/E41#E@4#;47;-40E/E-70#79#E@4# 1-E4#79#4I7D.E71-1#/02#@75#E@-1#-02HD41#2-;4DE-70/3#8;75E@#/02#DH;3-08#79#E@4#;77E# @/-;J #

PAGE 89

# ]> # # # :-8H;4#WJ[ #!-02-08#79#/#B/DE4;-HC#-02HD41#/#1@-9E#-0#E@4#1-E4#79#4I7D.E71-1#/02#E@4# D@/;/DE4;-1E-D#;77E#@/-;#D H;3-08#1440#-0#;@-A7B-/3#1.CB-71-1J#M/N#%#E.F-D/3#;77E#@/-;U# E@4#;42#/02#.43375#1-E4#;4F;4140E1#E@4#D-E4#79#4I7D.E71-1J#$42#-02-D/E41#/0#/;4/#79# @-8@#4I7D.E71-1<#.43375#-02-D/E41#/0#/;4/#79#3754;#4I7D.E71-1#D7CF/;42#5-E@#E@4#;42# /;4/1J#cF70#B-02-08#79#/#B/ DE4;-HC#E@4#1-E4#79#4I7D.E71-1#D/0#B4#1440#E7#1@-9E#-0#E@4# 2-;4DE-70#79#B-02-08#79#E@4#B/DE4;-/J#'@-1#-1#9H;E@4;#-33H1E;/E42#-0#MDN#/02#M2N#1@751# @75#E@4#/994DE#-1#9H;E@4;#-02HD42#-0#E@4#F;4140D4#79#CH3E-F34#B/DE4;-/#ME/K40#9;7C# ,1143-08#4E#/3J<#=>>WNJ # # # # '57#D/3D-HC#4G40E1#7DDH;#-0#E@4#;@-A7B-/3#1.CB-71-1J#'@4#;-14#-0#D.E7173-D# D/3D-HC#/117D-/E42#5-E@#;77E#@/-;#DH;3-08#/02#E@H1#E@4#-02HDE-70#79#E@4#1@4F/;2a1# D;77K#-1#1440#-0#/22-E-70#E7#0HD34/;#D/3D-HC#71D-33/E-701<#5@-D@#/;4#-0G73G42#-0#E@4# ).C#1-80/3-08# F/E@5/.#MX3;7.2#/02#*750-4<#=>>]NJ#(0-E-/3#;-141#-0#-0E;/D433H3/;# D/3D-HC#@/G4#07E#B440#7B14;G42#-0#C.D7;;@-A/<#@754G4;<#E@4#).C#F/E@5/. L -02HD42# D/3D-HC#71D-33/E-701#27#7DDH;#MX3;7.2#/02#*750-4<#=>>]NJ#)4G4;/3#-0E4;C4CB;/04# F;7E4-01#@/G4#B440#24E4;C-042#E7 #B4#/DE-G4#/E#E@-1#1E4F#BHE#E@4#-240E-E.#79#E@4#

PAGE 90

# ]? # D/3D-HC#-70#D@/00431#;41F701-B34#97;#-02HD-08#D/3D-HC#71D-33/E-70#-1#1E-33#H0K0750J# '@4#1-80/3-08#C734DH34#;41F701-B34#97;#3-0K-08#)"R$g#E7#E@414#D/3D-HC#71D-33/E-701# -1#/317#H0K0750J#$43/E-G43.#;4D40E3.<#4G240D4#@/1#1H8841E42#E@/E#F@71F@73-F/14#6# M`+6N#/02#*#M`+*N#C/.#F3/.#/#;734#-0#E@-1#M24;#O/;E78#4E#/3J<#=>>?U#6@/;;70#4E#/3J<# =>>[NJ#(02442<#D/3D-HC#E;/01F7;E#-0#F3/0E1#-1#-E1439#/#1HBT4DE#E@/E#-1#07E#G4;.#5433# H024;1E772J#'@4;497;4<#E@4#14/;D@#97;#E@4#C4D@ /0-1C1#79#-02HD-08#D/3D-HC# 71D-33/E-701#-0#E@-1#1.CB-71-1#-1#07E#703.#D3/;-9.-08#E@4#C4E@721#97;#41E/B3-1@-08#E@-1# 1.CB-71-1#BHE#/317#E@4#1HBT4DE#79#D/3D-HC#E;/01F7;E#-0#F3/0E1J#'@4#F;7E4-01#E@/E#/;4# /DE-G4#/E#E@-1#F7-0E#-0#E@4#F/E@5/.<#/;4#6%)'X$<#`X++cd< #&c`]Y#/02#&c`?WW# M(C/-AHCL %0;/KH#4E#/3J<#=>>YU#g/0/C7;-#4E#/3J<#=>>\U#)/-E7#4E#/3J<#=>>^U#6/F740#/02# X3;7.2<#=>>]U#R/EAK4#4E#/3J<#=>>ZN<#E@4#FHE/E-G4#;7341#79#5@-D@#5-33#B4#2-1DH1142# B4375J# # # :73375-08#F4;D4FE-70#E@4#E57#1.CB-70E1#HE-3-A4#E@4#1/C4#1-80/3 -08#C734DH341<# 703.#E7#2-G4;84#/8/-0#2H;-08#8404#E;/01D;-FE-70J#b/;-42#D/3D-HC#71D-/33/E-701#/;4# -02HD42<#@754G4;<#E@4#F;7E4-01#-0G73G42#-0#-02HD-08#E@414#71D-33/E-701#/02#E7#/# D4;E/-0#4IE40E#E@4#F;7E4-01#24D72-08#E@4#1-80/31#/;4#E@7H8@E#E7#B4#E@4#1/C4# M(C /-AHCL %0;/KH#4E#/3J<#=>>YU#g/0/C7;-#4E#/3J<#=>>\U#)/-E7#4E#/3J<#=>>^U#6/F740#/02# X3;7.2<#=>>]U#R/EAK4#4E#/3J<#=>>ZNJ#)F4D-9-D/33.<#4G-240D4#1H8841E1#E@/E#-097;C/E-70# ;434G/0E#E7#)"R$g<#6%)'X$<#`X++cd<#&c`]Y<#&c`?WW#/02#66/Rg#F4;E/-01#E7#B7E@# 1.CB-7141J#'@ 414#F;7E4-01#@/G4#B440#1@750#E7#B4#/DE-G4#-0#B7E@#1.CB-7141<#D/;;.-08# 7HE#1-C-3/;#9H0DE-701#Mg-1E04;#/02#`/;0-1K4<#=>>=U#`/;0-1K4<#=>>]NJ#'@4;497;4<# E@7H8@#CHD@#;414/;D@#70#E@4#).C#F/E@5/.#D70D40E;/E42#70#;@-A7B-/3#H14#79#E@4#

PAGE 91

# ]= # F/E@5/.<#2-1DH11-70#79#E@4#C/0#/DE-G-E-41#79#E@414#F;7E4-01#-1#/FF3-D/B34#-0#B7E@# 1.CB-7141J# # D8A8S!Y&*!0%*!<=#!K0#-&6!N%*C#)*!30(#:C,!?.#:((0-:&%. &HD34/;#D/3D-HC#71D-33/E-701#/;4#-02HD42#2H;-08#B7E@#C.D7;;@-A/3#/02# ;@-A7B-/3#1.CB-7141#M*722#4E#/3J<#=>?>NJ#!7E@#1.CB-70E1#/FF4/;#E7#H E-3-A4#E@4#1/C4# D@/00431#/02#F;7E4-01#E7#43-D-E4#E@414#D/3D-HC#71D-33/E-701<#@754G4;<#B7E@#F/E@5/.1# -02HD4#G/;-42#E.F41#79#D/3D-HC#71D-33/E-701#M*722#4E#/3J<#=>?>NJ#(E#-1#E@4#/-C#79#E@-1# 14DE-70#E7#F;7G-24#/0#7G4;G-45#79#E@4#DH;;40E#K07534284#70#E@4#D/3D-H C#1-80/3-08# 4G40E1#E@/E#3-4#/E#E@4#@4/;E#79#E@4#).C#F/E@5/.J#%1#-1#E@4#D/14#5-E@#E@4#;41E#79#E@4# 1-80/3-08#4G40E1#-0#E@-1#F/E@5/.#E@4#F;4D-14#/DE-G-E.#79#C/0.#79#E@4#F;7E4-01# -0G73G42#-0#E@-1#F7;E-70#-1#2-1FHE42#7;#2741#07E#@/G4#407H8@#4G-240D4#E7#B4# D70D3 H1-G4J#'@4;497;4<#E@414#2-1FHE41#/02#E@47;4E-D/3#C7241#79#/DE-G-E.#5-33#B4# 2-1DH1142#-0#E@-1#14DE-70#/1#5433J # # '@4#4994DE7;#E@/E#D/H141#27501E;4/C#/DE-G/E-70#79#E@4#-70#D@/00431#E@/E#-02HD4# 6/ =f #71D-33/E-701#@/1#.4E#E7#B4#-240E-9-42J#(E#@/1#B440#1H8841E42# E@/E#E@4#-0-E-/3#;-14#-0# -0E;/D433H3/;#6/ =f #9/D-3-E/E-08#;77E#@/-;#DH;3-08#-0#E@4#;@-A7B-/3#1.CB-71-1#C/.# /DE-G/E4#6/ =f# 71D-33/E-701#MX3;7.2#/02#*750-4<#=>>]NJ#O754G4;<#5@-34#D/3D-HC# 71D-33/E-701#7DDH;#-0#E@4#0HD34H1#/1#F/;E#79#E@4#).C#1-80/3-08#F/E@5/.<#; -141#-0# -0E;/D433H3/;#D/3D-HC#@/G4#07E#B440#1440#-0#C.D7;;@-A/4J##'@-1#-02-D/E41#E@/E#D/3D-HC# F;7B/B3.#2741#07E#/DE#/1#E@4#14D702/;.#1-80/3-08#C734DH34#/E#34/1E#-0#E@4# C.D7;;@-A/3#1.CB-71-1J#$/E@4;<#-0#B7E@#1.CB-7141<#)"R$g#;48H3/E-70#79#E@4#0HD34/;# D/3D-H C#D@/00431#-02HD-08#D/3D-HC#71D-33/E-701#@/1#B440#24E4;C-042#E7#C71E#3-K43.#

PAGE 92

# ]W # 7DDH;#E@;7H8@#/0#/HE7F@71F7;.3/E-70 L ;48H3/E42#K-0/14#/DE-70#M "71@-2/#/02# `/;0-1K4<#=>>Y<#R/;KC/00#4E#/3J<#=>>]NJ # D8A8S87!E?LL[\!0%*!3"F/?9]!YC#()06!I%@)(&5)!30-:&%!340%%)(. # `X++cd #-1#/#F;7E4-0#E@/E#-1#1H1F4DE42#E7#B4#-0G73G42#-0#C42-/E-08#6/ =f# D@/0043#/DE-G-E.#/02#E@H1#D/3D-HC#71D-33/E-701#-0#B7E@#1.CB-7141J#`X++cd#-1# 04D411/;.#E7#-02HD4#6/ =f #71D-33/E-701<#-1#37D/3-A42#E7#E@4#F3/0E#D433a1#0HD34H1#/02#/317# /DE1#HF1E;4/C#79#E@4#71D-3 3/E-701#M (C/-AHCL %0;/KH#4E#/3J<#=>>YU#X3;7.2#/02#*750-4<# =>>]N J# 741#07E# R /K4# ( 094DE-70##M*R(N#?<#/# 7L2)4'5,-)'.#`X++cd#7;E@7378H4<#@/1# 14PH40D4#1-C-3/;-E.#E7#/#RE@g#6/ =f L 8/E42#g f L -70#D@/0043J#O754G4;<#*R(?#3/DK1#/# V"V*#C7E-9#E@/E#-1#D@/;/DE4;-1E-D#79#D@ /00431#E@/E#/;4#1434DE-G4#97;#703.#g f# M%0r#4E#/3J<# =>>[NJ#'@-1#34/G41#E@4#F711-B-3-E.#E@/E#`X++cd#D7H32#-02442#9H0DE-70#/1#/#3-8/02 L 8/E42#6/ =f L D@/0043#M%0r#4E#/3J<#=>>[U#`4-E4;#4E#/3J<#=>>^NJ#O754G4;<#;4D40E#4G-240D4# 1H8841E1#E@/E#*R(?#-1#H03-K43.#E7#B4#2;4DE3.#;41F701-B34#97;#6/ =f #71D-33/E-701#/02# C/.#-01E4/2#C42-/E4#E@414#71D-33/E-701#-02-;4DE3.#M`4-E4;#4E#/3J<#=>>^NJ#`X++cd# 1@751#1E;HDEH;/3#1-C-3/;-E.#E7#/07E@4;#F;7E4-0#5@-D@#9H0DE-701#-0#E@4#).C#F/E@5/.<# 0/C43.<#6%)'X$#M (C/-AHCL %0;/KH#4E#/3J<#=>>YN J#6 %)'X$#/02#`X++cd#/;4#B7E@# E@7H8@E#E7#D724#97;#1-C-3/;#-70#D@/00431#/02#D/;;.#7HE#1-C-3/;#9H0DE-701# M6@/;F40E-4;#4E#/3J<#=>>]U#R/EAK4#4E#/3J<#=>>ZNJ#%3E@7H8@#E@414#F;7E4-01#54;4# F;4G-7H13.#E@7H8@E#E7#/DE#/1#/#@4E4;72-C4;<#E@4.#/;4#DH;;40E3.#E@7H8@E#9H0DE-70 #/1# C707C4;1#/02#/DE#E7#F711-B3.#E;/01F7;E#-0#7FF71-E4#2-;4DE-701#79#704#/07E@4;# M6@/;F40E-4;#4E#/3J<#=>>]U#R/EAK4#4E#/3J<#=>>ZNJ #

PAGE 93

# ][ # # #%07E@4;#;4D40E#1EH2.#;4G4/342#E@/E#B7E@#6%)'X$#/02#`X++cd#/DEH/33.#1@75# /#@-8@4;#F4;C4/B-3-E.#E7#g f #E@/0#E7#6/ =f <#/8/-0 # -02D/E-08#E@/E#E@414#F;7E4-01#C/.#/DE# -02-;4DE3.#-0#-02HD-08#7;#C42-/E-08#D/3D-HC#71D-33/E-701#M6@/;F40E-4;#4E#/3J<#=>>]NJ# '@414#2/E/#@/G4#342#E7#E@4#24G437FC40E#79#E57#2-994;40E#C72431#97;#E@4#/DE-G-E.#79# 6%)'X$#/02#`X++cd#-0#5@-D@#E@4.#-02-;4DE3.#C42-/E4#D/ 3D-HC#71D-33/E-701J#(0#E@4# 9-;1E#C7243#6%)'X$#/02#`X++cd#57H32#9H0DE-70#/1#D7H0E4;-70#D@/00431#E@/E#@43F#E7# 79914E#E@4#3/;84#D@/;84#-CB/3/0D4#-02HD42#2H;-08#E@4#D/3D-HC#71D-33/E-701# M6@/;F40E-4;#4E#/3J<#=>>]U#`/;0-1K4<#=>>]U#R/EAK4#4E#/3J<#=>>ZNJ##(0#E@4#1 4D702#C7243# 6%)'X$#/02#`X++cd#57H32#9H0DE-70#E7#D;4/E4#/#C4CB;/04#F7E40E-/3#E@/E#D7H32# /DE-G/E4#G73E/84 L 8/E42#6/ =f L D@/00431#M6@/;F40E-4;#4E#/3J<#=>>]U#R/EAK4#4E#/3J<#=>>ZNJ # D8A8S8A!Y[E^J!0%*!Y[E7DD>!%C#()06!5&6)!56&-):%.!%)#)..06=!2&6!.=,1:&.:.! :%*C#)*!#0( #:C,!&.#:((0-:&%. # '57# 0H D34/;# F 7;4#F;7E4-01<#&c`]Y#/02#&c`?WW#/317#9H0DE-70#HF1E;4/C#79# D/3D-HC#71D-33/E-701#M g/0/C7;-#4E#/3J<#=>>\U#)/-E7#4E#/3J<#=>>^N J#%07E@4;#;4D40E#1EH2.# @/1#EH;042#E7#E@414#/1#3-K43.#D/02-2/E41#E7#9H0DE-70#E7#-02HD4#D/3D-HC#71D-33/E701J## ,G-240D4#1H8841E1#E@/E#&c`]Y#/02#&c`?WW#D7H32#@/G4#E57#F711-B34#9H0DE-701U#E@4.# D7H32#4-E@4;#9/D-3-E/E4#E@4#C7G4C40E#79#6%)'X$#/02#`X++cd#F;7E4-01<#5@-D@#57H32# B4#1HB14PH40E3.#4CB42242#-0#E@4#-004;#C4CB;/04#/9E4;#C7G-08#E@;7H8@#E@4# 0HD34/;#F7;4#MX3;7 .2#/02#*750-4<#=>>]NJ##!7E@#6%)'X$#/02#`X++cd#D70E/-0# 0HD34/;#37D/3-A/E-70#1-80/31<#-02-D/E-08#E@/E#E@4.#@/G4#E@4#F7E40E-/3#E7#E;/G4;14#E@4# 0HD34/;#F7;4#M+H1K#4E#/3J<#=>>^U#$-43.#4E#/3J<#=>>^NJ#'@4#&c`1#D7H32#/317#/DE#B.# C42-/E-08#E@4#F4;C4/B-3-E.#79#E@4#0 HD34/;#F7;4#E7#G/;-7H1#-701<#F/;E-DH3/;3.#6/ =f#

PAGE 94

# ]Y # MX3;7.2#/02#*750-4<#=>>]U#R/EAK4#4E#/3J<#=>>ZNJ##'@4#0HD34/;#F7;4<#E@7H8@#8404;/33.# E@7H8@E#79#/1#7F40#E7#9;44#-07;8/0-D#-70#C7G4C40E<#@/1#B440#1@750#E7<#-0#D4;E/-0# D/141<#@/G4#G/;-42#1E/E41#79#-70#F4;C4/B-3-E .#MR/EAK4#4E#/3J<#?ZZ?U#R/EAK4#4E#/3J<# =>>ZNJ#&c`]Y#/02#&c`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c`#/DE-G/E-70#5-E@#3754;#-70#F4;C4/B-3-E.#D7H32#G4;-9.#E@-1#F7E40E-/3# /DE-G-E.J#6H;;40E3.<#E@4#4I/DE#;734#79#&c`1#@/1#07E#B440#242HD42<#@754G4;<# 24/ DE-G/E-70#79#&c`1#34/21#E7#F3/0E#;77E#D4331#5-E@#/0#-0/B-3-E.#E7#-02HD4#D/3D-HC# 71D-33/E-701#;41H3E-08#-0#/0#-0/B-3-E.#E7#-02HD4#1.CB-71-1#Mg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

PAGE 95

# ]\ # %'`/141#MR/EAK4#4E#/3J#=>>ZNJ##(240E-9-D/E-70#/02#D@/;/DE4;-A/E-70#79#E@414#D/3D-HC# D@/00431#1@7H32#D3/;-9.#@ 75#E@414#D/3D-HC#71D-33/E-701#/;4#-02HD42J#:-8H;4#WJY# -33H1E;/E41#E@4#DH;;40E#H024;1E/02-08#79#E@4#;734#79#6%)'X$<#`X++cd<#&c`]Y<# &c`?WW<#/02#E@4#@.F7E@4E-D/3#6/ =f #D@/00431#/02#%'`/141#-0#-02HD-08#0HD34/;# D/3D-HC#1-80/EH;41J# # # # :-8H;4#WJY #%#DH;;40E#C7243# 79#E@4#-02HDE-70#79#D/3D-HC#71D-/33/E-701#-0#E@4# F4;-0HD34/;#1F/D4#M`&)N#79#F3/0E1J#M/N#6%)'X$#/02#`X++cd#D/0#B4#1440#/1#E@4#;42# /02#B3H4#7G/31#C42-/E-08#g f #E;/01F7;EJ#%DE-G-E.#79#6%)'X$#/02#`X++cd#-1#F;42-DE42# E7#-02-;4DE3.#C42-/E4#6/ =f #E;/01F7;E#B/DK#/02 #97;E@#/D;711#E@4#-004;#/02#7HE4;# 0HD34/;#C4CB;/041#M(&R#/02#X&RN#E@;7H8@#E@4#@.F7E@4E-D/3#D/3D-HC#D@/00431#/02# %'`/141#1440#@4;4#/1#B3/DK#7G/31#/02#8;4.#D-;D341#;41F4DE-G43.J#MBN#&c` L C42-/E42# 0HD34/;#37D/3-A/E-70#79#`X++cd#MB3H4#7G/31N#D/0#B4#1440#-0#/22E-70#E7#MDN#E@4# F7E40E-/3#&c` L C42-/E42#D/3D-HC#-CF4;C4/B-3-E.#ME/K40#9;7C#R/EAK4#4E#/3J<#=>>ZNJ# # #

PAGE 96

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g71HE/#4E#/3J<#=>>]NJ#%#2-994;40E-/3#/DE-G/E-70#79# )"R$g#C/.#34/2 #E7#/#2-994;40E-/3#/DE-G/E-70#79#6%)'X$y`X++cd#C42-/E42#D/3D-HC# 1-80/3-08<#;41H3E-08#-0#E@4#G/;-42#D/3D-HC#1-80/EH;41#1440#2H;-08#%R#/02#;@-A7B-/3# 1.CB-7141#Mg71HE/#4E#/3J<#=>>]NJ# # # :-8H;4#WJ\ #(33H1E;/E41#E@4#2-994;40D41#-0#-02HD42#D/3D-HC#71D-33/E-701#B4 E5440#C.D# -02HD42#%R#1-80/3-08#/02#&72#-02HD42#;@-A7B-/3#1-80/3-08J#M/N#6/3D-HC#1-80/EH;41# -02HD42#2H;-08#E@4#%R#1.CB-71-1#/;4#070 L ;4F4E-E-G4#/02#79#@-8@3.#G/;-/B34# /CF3-EH24#/02#9;4PH40D.J#MBN#&72 L -02HD42#D/3D-HC#71D-33/E-701#/;4#79#1-C-3/;# /CF3-EH24#/02# 7DDH;#/E#/#17C45@/E#D701E/0E#9;4PH40D.#M9;7C#*722#4E#/3J<#=>?>NJ # # X04#E@-08#E@/E#CH1E#D701-24;42#/02#F711-B3.#7G4;D7C4#-1#/#17C4E-C41 L @-8@# 404;84E-D#-0FHE#;4PH-;42#B.#E@4#F3/0E#E7#-02HD4#/#G/;-42#;41F7014#Mg71HE/#4E#/3J<#

PAGE 97

# ]] # =>>]NJ##(02HD-08#E@4#2-994;40E#D/3D -HC#71D-33/E-701#1HD@#/1#E@714#1440#-0#E@414#E57# 1.CB-70E1#57H32#C71E#3-K43.#;4PH-;4#/#D7097;C/E-70#D@/084#-0#E@4#D@/0043<#5@-D@# E/K41#E-C4#/02#57H32#;4PH-;4#/0#404;84E-D#-0FHEJ#&70D@/7E-D#1.1E4C1#/;4#CHD@# C7;4#/2/FE42#97;#F4;97;C-08#/#1-0834#/DE-70#2H4#E7 #E@4#@-8@#404;8.#-0FHE#;4PH-;42# E7#F;72HD4#G/;-/B34#;41F70141#Mg71HE/#4E#/3J<#=>>]NJ#).1E4C1#5-E@#-0@4;40E3.#D@/7E-D# /DE-G-E.#/;4#/B34#E7#7G4;D7C4#E@-1#404;84E-D#;4PH-;4C40E#/1#E@4;4#/DE-G-E.#-1#CHD@# C7;4#1401-E-G4#E7#1C/33#/3E4;/E-701#Mg71HE/#4E#/3J<#=>>] NJ#'@4#D/3D-HC#71D-33/E-701# -02HD42#B.#B7E@#1.CB-70E1#/;4#2-1E-08H-1@/B34<#@754G4;<#B7E@#57H32#B4#D701-24;42# D@/7E-D#/1#249-042#H1-08# +./FH07G#4IF7040E1#Mg71HE/#4E#/3J<#=>>]U#O/1E-081<#=>>ZNJ # 6@/7E-D#/DE-G-E.#F;7G-241#1-80/3-08#934I-B-3-E.<#/1#C-07;#D@/084 1#-0#/#D@/7E-D#D/3D-HC# 1-80/EH;4#B.#C-07;#/3E4;/E-701#-0#D@/0043#/DE-G-E.#D/0#43-D-E#/#2-1E-08H-1@/B3.# 2-994;40E#D/3D-HC#1-80/EH;41#Mg71HE/#4E#/3J<#=>>]NJ#'@-1#-24/#79#D@/7E-D#/DE-G-E.#79#E@4# ).C#1-80/3-08#F/E@5/.#-1#704#F;7F7142#C4E@72#97;#E@4#1.1E4C#E7#7 G4;D7C4#/#@-8@# 404;8.#-0FHE#5@-D@#-1#;4PH-;42#E7#F;72HD4#E@414#@-8@3.#G/;-42#D/3D-HC#;41F70141# HE-3-A-08#E@4#1/C4#D/3D-HC#D@/00431#Mg71HE/#4E#/3J<#=>>]NJ# # D8A8`!330
PAGE 98

# ]Z # D/3C72H3-0 L B-02-08#C7E-9#/02#/#D/3D-HC L B-02-08#,:#@/02#C7E-9#1H8841E-08#E@/E#-E# D7H32#B4#D/F/B34#79#/DE-08#E7#14014#/02#24D724#E@4#D/3D-HC#1-80/EH;41#-02HD42# 2H;-08#B7E@#1.CB-7141#Mg71HE/#4E#/3J<#=>>]U#`/;0-1K4<#=>>]NJ#(0E4;41E-083.<#E@4#109?# M1F70E/047H1#072H34#97; C/E-70N#CHE/0E1#79#66/Rg<#-0#5@-D@#66/Rg#/DE-G-E.#@/1# B440#24;48H3/E42<#/;4#/B34#E7#-02HD4#072H34#F;-C7;2-/3#-0#;@-A7B-/#9;44#1.1E4C1# MV34/170#4E#/3J<#=>>\U#'-;-D@-04#4E#/3J<#=>>\NJ#'7#E;/012HD4#E@4#1.CB-71-1 L -02HD42# D/3D-HC#71D-33/E-701<#66/Rg#-1#37D/3-A4 2#E7#E@4#0HD34H1#Mg/37#4E#/3J<#=>>YU#)C-E#4E#/3J<# =>>YNJ#O75#/02#-9#66/Rg#-0E4;/DE1#5-E@#E;/01D;-FE-70#9/DE7;1#-1#07E#.4E#H024;1E772J # # %#F;7E4-0#@/1#B440#;4D40E3.#-240E-9-42#/02#@/1#B440#F;7F7142#E7#9H0DE-70#/1#/# B;/0D@-08#F7-0E#/E#E@4#402#79#E@4#).C#F/E@5 /.#E@/E#/33751#;@-A7B-/#/02# C.D7;;@-A/4#E7#/DE-G/E4#2-994;40E#8404E-D#F;78;/C1#M6/F740#/02#X3;7.2<#=>>]NJ#'@-1# F;7E4-0#-1#E@4#^ E@ #/02#9-0/3#).C#8404#K0750#/1#6"6+X`)#M"/07#4E#/3J<#=>>]NJ# 6"6+X`)#@/1#B440#24E4;C-042#E7#/DE#/E#E@4#1/C4#F7-0E#-0#E@4#F/E@5/.#/ 1#66/Rg<# @754G4;<#E@4#C/004;#-0#5@-D@#-E#/DE1#@/1#.4E#E7#B4#24E4;C-042J#V404E-D1#1EH2-41# @/G4#;4G4/342#E@/E#E@4#F;7E4-0#D7242#97;#B.# ,/,.%01 #D70E/-01#E57#0HD34/;# 37D/3-A/E-701#1-80/31<#/1#5433#/1#/#6 L E4;C-0/3#D7-342 L D7-3#C7E-9#BHE#7E@4;5-14#1@751# 07#14PH40 D4#1-C-3/;-E.#E7#F;7E4-01#79#K0750#9H0DE-70#MR411-0414#4E#/3J<#=>>^U# `/;0-1K4<#=>>]NJ#(`*W#/02#*R(W<# 7L2)4'5,-)'.-2 66/Rg#/02#6"6+X`)#7;E@73781<#@/G4# B440#1@750#E7#D737D/3-A4#/02#-0E4;/DE#5-E@#704#/07E@4;#5-E@-0#E@4#0HD34H1#G-/#E@4# D7-342 L D7-3#27C/-0#79#6"6 +X`)#MR411-0414#4E#/3J<#=>>^U#"/07#4E#/3J#=>>]NJ# M52:#)4% # /0/3.1-1#79#E@414#E57#F;7E4-01#@/1#1@750#E@/E#6"6+X`)#D/0#B4#F@71F@7;.3/E42#B.# 66/Rg#M"/07#4E#/3J<#=>>]NJ##'@-1#/33#1H8841E1#E@/E#6"6+X`)#F;7B/B3.#/DE1#-0#/# D7CF34I#5-E@#66/Rg#M"/07#4E#/3J<#=>>]NJ #

PAGE 99

# Z> # # &72H34#7;8/0784041-1#1E-33#7DDH;1#-0# ,/,.%012 CHE/0E1#-0#E@4#F;4140D4#79# ;@-A7B-/U#E@4;497;4<#072H34#7;8/0784041-1#CH1E#7DDH;#-024F40240E3.#79#6"6+X`)## /DE-G-E.#MR411-0414#4E#/3J<#=>>^NJ#O754G4;<#9H08/3#-094DE-70#/02#9H33.#07;C/3# ;@-A7B-/3#-094DE-70<#-0D3H2 -08#9H08/3#/;BH1DH34#24G437FC40E<#/;4#-CF/-;42#-0# ,/,.%01 # CHE/0E#;77E1J#'@-1#1H8841E1#E@/E#6"6+X`)#-1#-CF7;E/0E#-0#9H08/3#-094DE-70#/02#D7H32# /317#9H0DE-70#-0#17C4#5/.#B/DE4;-/3#-094DE-70#MR411-0414#4E#/3J<#=>>^NJ# # # 6H;;40E3.<#E57#C72431#79#6"6+X`)#@/G4#B4 40#F;7F7142#M6/F740#/02#*750-4<# =>>]NJ#(0#E@4#9-;1E#C7243#66/Rg#/02#6"6+X`)#/DE#7FF71-E4#79#704#/07E@4;<#704#-0# E@4#;@-A7B-/3#1.CB-71-1#/02#704#-0#E@4#C.D7;;@-A/3#1.CB-71-1#M6/F740#/02#*750-4<# =>>]NJ##(0#E@-1#C7243<#66/Rg#/DE-G/E41#;@-A7B-/3#E;/01D;-FE-70# 9/DE7;1<#5@-D@#/DE-G/E4# 072H34#7;8/0784041-1#/02#B/DE4;-/3#-094DE-70#5@-34#6"6+X`)#F4;97;C1#E@4#1/C4# 9H0DE-70#97;#E@4#C.D7;;@-A/3#9H08-<#/DE-G/E-08#9H08/3#E;/01D;-FE-70#9/DE7;1#M6/F740# /02#*750-4<#=>>]NJ#'@4#3/EE4;#E;/01D;-FE-70#9/DE7;#/DE-G/E-70#;41H3E1#0#/DE-G/E-70#79# E@4#9H08/3#8404E-D#F;78;/C#/02#1HB14PH40E3.#9H08/3#-094DE-70J#,G-240D4#2741# @754G4;#1H8841E#17C4#;734#97;#6"6+X`)#-0#B/DE4;-/3#-094DE-70#M"/07#4E#/3J<#=>>]NJ # # '@4#14D702#C7243#97;#6"6+X`)#/DE-G-E.#-0D3H241#E@4#/DE-G-E.#79#6"6+X`)#-0# B/DE4;/3#-094DE-70#M6/F740#/02#*750-4<#=>>]NJ#(0#E@4#14D702#C7243<#66/Rg#-1#1E-33# ;41F701-B34#97;#072H34#7;8/0784041-1<#BHE#-E#57;K1#D70DH;;40E3.#5-E@#6"6+X`)#E7# -02HD4#B/DE4;-/3#-094DE-70#MR411-0414#4E#/3J<#=>>^U#6/F740#/02#*750-4<#=>>]NJ## '@7H8@#4G-240D4#1H884 1E1#E@/E#6"6+X`)#D7H32#F3/.#/#;734#-0#;@-A7B-/3#-094DE-70<#E@-1# 57H32#1H8841E#E@4#H03-K43.#F711-B-3-E.#E@/E#B/DE4;-/3#E;/01D;-FE-70#9/DE7;1#@/G4#/# 2H/3#/DE-G-E.#-0#4IF;411-70#79#E57#2-994;40E#8404#14E1#M"/07#4E#/3J<#=>>]NJ#:H;E@4;#

PAGE 100

# Z? # 1EH2-41#79#6"6+X`)<#D@/;/ DE4;-A-08#E@4#F;7E4-0#/02#-E1#-0E4;/DE-701#5-E@#66/Rg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

PAGE 101

# Z= # ';/01D;-FE-70#9/DE7;1#-0 G73G42#C.D7;;@-A/3#8404#E;/01D;-FE-70#@/G4#.4E#E7#B4# -240E-9-42#MX3;7.2#4E#/3J<#=>>ZNJ # # '@4#84041#-02HD42#-0#E@414#1.CB-7141#D/0#B4#2-G-242#-0E7#E57#C/-0#8;7HF1J# :-;1E<#E@4#).C#84041#/;4#E@4#84041#-02HD42#B.#B7E@#;@-AB7B-/3#/02#C.D7;;@-A/3#).C# 1-80/3-08<#5 @-D@#/;4#;4PH-;42#97;#E@4#-02HDE-70#79#E@4#7E@4;#27501E;4/C#84041# M )@E/;K#4E#/3J<#=>?>N J#'@4#7E@4;#8;7HF#79#84041#/DE-G/E42#D/0#B4#2-G-242#9H;E@4;#-0E7# E@;44#E.F41J#'@4#84041#/DE-G/E42#27501E;4/C#79#E@4#).C#F/E@5/.#B.#;@-A7B-/#D/0#B4# D7334DE-G43.#;494;;42# E7#/#072H3-01#/02#27501E;4/C#79#C.D7;;@-A/3#).C#1-80/3-08#/;4# E@4#C.D7;;@-A-01J#'@4#84041#E@/E#7G4;3/F#/02#/;4#-02HD42#B.#B7E@#1.CB-7141#/;4# ;494;;42#E7#/1#1.CB-71-01#M )@E/;K#4E#/3J<#=>?>N J # # #'@4#C/-0#/DE-G-E-41#D/;;-42#7HE#B.#E@4#C.D7;;@-A-01#/;4#E@4#-02H DE-70#79#``%# 97;C/E-70#E7#9/D-3-E/E4#@.F@/3#F404E;/E-70#/02#D7;E-D/3#D433#/2/FE/E-701#E7# /DD7CC72/E4#/;BH1DH34#/02#1.CB-7E-D#-0E4;9/D4#24G437FC40E#M$4-0@/;2E<#=>>^NJ# R.D7;;@-A-0#F;7E4-01#-0D3H24#F;7E4-01#-0G73G42#-0#-02HD-08#E@4#D.E71K434E/3# ;4/;;/084C40E1 #-0G73G42#-0#``%#97;C/E-70#/02#-0#/;BH1DH34#/DD7CC72/E-70# M'-C7040#/02#`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

PAGE 102

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`?<#&)`=<#,$&?<#/02# &(&<#/;4#04D411/;.#-0#B7E@#E@4#7;8/078401-1#/02#-094DE-70#F;78;/C1#MO/;;-170#4E#/3J<# =>>=U# !7;-17G#4E#/3J<#=>>WU#%02;-/0K/T/#4E#/3J<#=>>^ NJ#'@4#84041#/DE-G/E42#-0#E@414# E57 #F;78;/C1<#5@-D@#/;4#E@4#27501E;4/C#8404E-D#F;78;/C1#/DE-G/E42#-0#E@4# ;@-A7B-/3#072H3/E-70#1.CB-7141#/;4#D7334DE-G43.#K0750#/1#072H3-01J#&72H3-01#D/0#B4# 9H;E@4;#2-G-242#B/142#HF70#E@4-;#9H0DE-701#M )/0D@4A#4E#/3J<#?ZZ?U# cE;HF#/02#&7;;-1<# ?ZZ\U# X4@;34#4E#/3J <#=>>] N J#'@4#E57#3/;84#9/C-3-41#79#072H3-01#/;4#4/;3.#/02#3/E4# 072H3-01J#,/;3.#072H3-01#M,&X*N#/;4#/117D-/E42#5-E@#B/DE4;-/3#-094DE-70#/02#072H34# 7;8/0784041-1<#@754G4;<#2-994;40E#,&X*1#/;4#/DE-G4#-0#E@414#E57#F;7D41141J#+/E4# 072H3-01#/;4#-0G73G42#-0#0-E;7 840#9-I/E-70J#`4;-B/DE4;-7-2#C4CB;/04#072H3-01#/317# 4I-1EU#E@414#/;4#-0G73G42#-0#E;/0194;#79#C4E/B73-E41#/E#E@4#F4;-B/DE4;-7-2#C4CB;/04# 072H3-01#M )/0D@4A#4E#/3J<#?ZZ?U# cE;HF#/02#&7;;-1<#?ZZ\U# X4@;34#4E#/3J<#=>>] N J # # &72H34#7;8/0784041-1#;4PH-;41#9H;E@4;#1-8 0/3-08#27501E;4/C#79#E@4#).C# F/E@5/.#MX3;7.2#/02#*750-4<#=>>]NJ#'@4#4F-24;C/3#D433#1-80/3#E@/E#-0-E-/E41# 7;8/0784041-1#-1#H0K0750<#@754G4;<#F/E@5/.1#27501E;4/C#79#E@-1#1-80/3#-0G73G4# D.E7K-0-0#/02#/HI-0#1-80/3-08J#&72H34#D.E7K-0-0#34G431#/02#/HI-0#34G431#0D;4/14#-0#

PAGE 103

# Z[ # D7;E-D/3#D4331#2H;-08#072H34#7;8/0784041-1#MX3;7.2#/02#*750-4<#=>>]NJ#O7;C704# F4;D4FE-70#E@;7H8@#+Og?#-1#04D411/;.#E7#-02HD4#D433#2-G-1-70#;41H3E-08#-0#072H34# 97;C/E-70J#+Og?#C71E#3-K43.#140141#E@4#;-14#-0#D.E7K-0-0#34G431#5@-D@#7DDH;1#/1#E@4# ;4 1H3E#79#4/;3-4;#072H3/E-70#1-80/3-08#MX3;7.2#/02#*750-4<#=>>]NJ# & 72H34# 0D4FE-7 0 # M&(&N#-1#04D411/;.#-0#E@-1#;41F7014#E@7H8@#E@4#4I/DE#;734#-E#F3/.1#-1#07E#.4E#K0750J# &-0 t # CHE/0E1#/;4#2494DE-G4#-0#B7E@#072H3/E-70#/02#-094DE-70<#@754G4;<#&(&#@/1#/317# B440#1@ 750#E7#9H0DE-70#-024F40240E3.#79#&72#9/DE7;#1-80/3-08#M!7;-17G#4E#/3J<#=>>WU# R/;1@#4E#/3J<#=>>^NJ#'@-1#E;/01D;-FE-70#9/DE7;#@/1#349E#-0G41E-8/E7;1#17C45@/E# 1EHCF42#/1#E7#-E1#/DE-70J#$-141#-0#/HI-0#34G431#7DDH;#-0#E@4#D7;E-D/3#D4331#F;-7;#E7# 072H34#7;8/0784 041-1<#E@4;497;4#/DE-G-E.#79# $%&)`X$'# ( &O(!('X$# $ ,)`X&),# ? # M'($?N#/DE-G-E.<#/0#/HI-0#;4D4FE7;#-1#F;42-DE42#MX3;7.2#/02#*750-4<#=>>]NJ#(0D;4/14# -0#34G431#79# 8-BB4;433-0#MV%N#/02#B;/11-071E4;7-2#M!$N#@/G4#/317#B440#24E4;C-042#E7# B4#04D411/;.#-0#E@4#-02HDE-7 0#79#072H34#7;8/0784041-1J#*49-D-40D-41#-0#/0.#79#E@414# 1-80/3-08#D7CF7040E1#34/2#E7#-0D7CF34E4#7;#D7CF34E4#249-D-40D-41#-0#072H34# 7;8/0784041-1# MX3;7.2#/02#*750-4<#=>>]N J# # # X04#4I/CF34#79#/#072H34 L 1F4D-9-D#E;/01D;-FE-70#9/DE7;#-1#,$:?#M%1/C-AH#4E#/3J<# =>> ]NJ#'@-1#F;7E4-0#5/1#2-1D7G4;42#E@;7H8@#E;/01D;-FE7C4#/0/3.1-1#H1-08#D*&%# C-D;7/;;/.1#/02#@/1#B440#1@750#E7#F71-E-G43.#;48H3/E4#072H3/E-70J#'@4#+T,$:?#8404# -1#HF;48H3/E42#-0#;41F7014#E7#4E@.3404#/02#T/17C70-D#/D-2<#/02#-1#B43-4G42#E7#B4#704# 79#E@4#K4.#;48H 3/E7;1#-0#E@4#;@-A7B-/3#-094DE-70#F;7D411#M%1/C-AH#4E#/3J<#=>>]NJ # # '@;44#4I/CF341#79#84041#E@/E#/;4#;48H3/E42#2H;-08#072H34#7;8/0784041-1#/;4# 4/;3.#072H3-0#[>#M,&X*[>N<#D433#D.D34#15-ED@#Y=#M66)Y=N<#/02#O%`=J?#M6@/;70#4E#/3J<#

PAGE 104

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g<#5@-D@#/DE-G/E41#E;/01D;-FE-70#9/DE7;1#7E@4;#E@/0# E@4#&)`1#/02#,$&<#E@/E#@/G4#.4E#E7#B4#-240E-9-42J#&:$#/02#)"R$g #;4D4FE7;1#/;4# /DE-G4#-0#E@4#F4;D4FE-70#79#;@-A7B-/3#&72#9/DE7;1J#'@-1#34/21#E7#E@4#;434/14#79#/# 14D702/;.#C4114084;<#;4D40E#4G-240D4#@/1#1H8841E42#E@/E#E@-1#D7H32#B4#/#

PAGE 105

# Z\ # F@71F@73-F/14J#)4D702/;.#C4114084;#F4;D4FE-70#B.#6%)'X$#/02#`X++cd#D/H141# E@4C#E7#-02HD 4#/#C4CB;/04#F7E40E-/3#5@-D@#-0#EH;0#-02HD41#/02#C42-/E41#D/3D-HC# 71D-33/E-701J#6/3D-HC#71D-33/E-701#/;4#24D7242#B.#66/Rg#/02#6"6+X`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

PAGE 106

# Z^ # # ,/;3.#;@-A7B-/3#1-80/3-08#144C1#E7#B4#2-G4;840E#9;7C#C.D7;;@-A/3#1-80/3-08J# )F4D-9-D#&72#9/DE7;#;4D4FE7;1# 4I-1EJ#`3/0E1#5-E@#24/DE-G/E42#&:$#27#07E#1@75#/0# 4994DE#HF70#E@4#-094DE-G-E.#79#C.D7;;@-A/3#9H08-<#-02-D/E-08#E@/E#C.D7;;@-A/3#1-80/3-08# C734DH341#HE-3-A4#7E@4;#1-80/3-08#C734DH341J# # # %E#E@-1#F7-0E#B7E@#1-80/3-08#F/E@5/.1#D70G4;84<#HE-3-A-08#E@4#D7CC70#). C# F/E@5/.#40E;.#F;7E4-0<#)"R$gJ#'@4#14D702/;.#1-80/3-08#C734DH34#/3375-08#)"R$g# E7#-02HD4#D/3D-HC#71D-33/E-701#-1#/1#79#.4E#H0-240E-9-42<#/1#/;4#E@4#D/3D-HC#D@/00431<# 5@-D@#/;4#H142#E7#-02HD4#E@414#D/3D-HC#71D-33/E-701J#6/3D-HC#1-80/3-08#-0#1.CB-7E-D# 1-80/ 3-08#-1#79#F/;E-DH3/;#-0E4;41EJ##6/3D-HC#71D-33/E-701#-02HD42#-0#B7E@#1.CB-7141# D/0#B4#1440#E7#G/;.#5-243.<#@754G4;<#/1#07E42<#B7E@#1.CB-70E1#HE-3-A4#E@4#1/C4# F;7E4-01#/E#E@-1#F7-0E#-0#E@4#F/E@5/.#5-E@#2-994;40E#27501E;4/C#7HED7C41J#'@-1# 1H8841E1#E@/E#/DEG/E-70#79#E@4#).C#F/E@5/.#CH1E#7DDH;#2-994;40E-/33.#97;# C.D7;;@-A/4#/02#;@-A7B-/#/02#E@/E#E@4#C734DH341#-0#E@4#F/E@5/.#CH1E#B4#D/F/B34#79# 1401-08#E@-1#2-994;40E-/3#/DE-G/E-70J#63/11-9-D/E-70#79#0HD34/;#D/3D-HC#D@/00431#-1# 04D411/;.#E7#D3/;-9.#E@4#C4D@/0-1C 1#B.#5@-D@#E@414#71D-33/E-701#7DDH;J#'57# F;7E4-01<#66/Rg#/02#6"6+X`)#9H0DE-70#27501E;4/C#79#E@4#D/3D-HC#1-80/3#4G40E1J#(E# -1#E@7H8@E#E@/E#E@414#E57#F;7E4-01#-0E4;/DE#5-E@#E;/01D;-FE-70#9/DE7;1#2-;4DE3.#E7# -02HD4#E@4#E;/01D;-FE-70#79#4/D@#1.CB-70Ea1#;41F4DE -G4#8404E-D#F;78;/CJ # # %#5-24#G/;-4E.#79#84041#/;4#/DE-G/E42#27501E;4/C#79#E@-1#F/E@5/.J#'@4# F;7E4-01#D7242#97;#B.#E@414#84041#/;4#8404;-D/33.#;494;;42#E7#/1#072H3-01<# C.D7;;@-A-01<#1.CB-71-01<#/02#E@4#).C#84041J#n@-34#E@414#84041#@/G4#B440# 24E4;C-042#E7#B4 #/DE-G/E42<#E@4#4I/DE#/DE-701#79#703.#/#@/029H3#79#E@4#F;7E4-01#E@4.#

PAGE 107

# Z] # 40D724#@/G4#B440#24E4;C-042J#6@/;/DE4;-A-08#E@414#F;7E4-01#/02#E@4-;#/DE-G-E-41#-1# /07E@4;#F711-B34#/-C#97;#9HEH;4#;414/;D@J# # #

PAGE 108

# ZZ # $=;>9?:!SA!3JDEP9BDF!DM!"H>=NJ# # # :711-3#;4D7;21#@/G4#B440#H142#E7#24E4;C-04#E@4#7;-8-01#79#E@4#C.D7;;@-A/4# M$4C.#4E#/3J<#?ZZ[U#$424DK4;#4E#/3J<#=>>>NJ#)F7;41#;414CB3-08#/;BH1DH3/;# C.D7;;@-A/3#M%RN#9H08/3#1F7;41#@/G4#B440#-240E-9-4 2# 5-E@-0#F3/0E#/I41#/02#24D/.-08# F3/0E#C/E4;-/3# /1#4/;3.#/1#E@4#)-3H;-/0#/02#X;27G/D-/0<#B4E5440#[[>#/02#[?>#C-33-70# .4/;1#/87 #Mg-21E70#/02#+/08<#?Z=?U#$424DK4;#4E#/3J<#=>>>N J#%317<#/1#F;4G-7H13.# -02-D/E42<#9H08/3#1.CB-70E1#54;4#F71-E-G43.#-240E-9-42#B.#E@ 4#F;4140D4#79#/;BH1DH341#

PAGE 109

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kl34;#4E#/3J<# =>>= NJ#'@4#3/DK#79#9711-3#4G-240D4#E7#B/DK#E@-1#C734DH3/;#D37DK#41E-C/E4#@/1<# @754G4;<#07E#B440#4IF3/-042#MO4DKC/0#4E#/3J<#=>>?U# )D@kl34;#4E#/3J<#=>>= NJ#(E#@/1# B440#7B14;G42#E@/E#-0#E@4#DH;;40E#3-E4; /EH;4#E@4#9711-3#41E-C/E41#97;#C.D7;;@-A/3# 7;-8-01#/;4#1E-33#H142#F711-B3.#97;#E@-1#;4/170#Mg-1E04;#/02#`/;0-1K4<#=>>=U#O/;;-170<# =>>YU#`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

PAGE 110

# ?>? # # $@-A7B-/3#/117D-/E-701#/;4#4G73HE-70/;-3.#045#5@40#D7CF/;42#E7# C.D7;;@-A/4<#5@-D@#/;4#17C4E-C41#;494;;42#E7 #/1#3-G-08#9711-31#M`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z @H#4E#/3J<#=>>\NJ#'@-1#-1# 1HFF7;E42#B.#E@4#F;4140D4#79#348HC4#1.CB-71-1#7;E@7378H41#-0#070 L 348HC41#Mz@H#4E# /3J<#=>>\NJ#'@-1#HE-3-A/E-70#@43F42#9/D-3-E/E4#E@4#24G437FC40E#79#E@4#;@-A7B-/3# 1.CB-71-1<#@754G4;<#5@/E#4G40E1#342#E7#E@4#;@-A7B-/3#/B-3-E.#E7#HE-3A4#E@414# C4D@/0-1C1Q#'@-1#-1#E@4#F;-C/;.#PH41E-70#/22;41142#-0#E@-1#D@/FE4;J # # '@-1#D@/FE4;#5-33#F;7G-24#DH;;40E#K07534284#70#E@4#4G73HE-70#79#E@4# C.D7;;@-A/3#/02#;@-A7B-/3#1.CB-7141<#-0D3H2-08#E@4#4G73HE-70/;.#@-1E7;.#79#E@4#9H08-# /02#B/DE4;-/#97;C-08#E@41 4#/117D-/E-701J#'@40<#1F4DH3/E-70#HF70#E@4#4G40E#E@/E#342# E7#D7CC70#HE-3-A/E-70#79#E@4#).C#F/E@5/.#5-33#B4#2-1DH1142J#:-0/33.<#E@4#;41H3E1#79#/# D7CFHE/E-70/3#/0/3.1-1#-0G41E-8/E-08#E@4#F7E40E-/3#97;#/#3/E4;/3#8404#E;/0194;#4G40E#

PAGE 111

# ?>= # E7#9/D-3-E/E4#;@-A7B-/3#/DP H-1-E-70#79#072#84041#/02#H14#79#E@4#).C#F/E@5/.#5-33#B4# F;4140E42J # H8A!I@&(C-:&%06=!?6:+:%.!&2!<=#&664:;0) '@4#4G40E1#34/2-08#E7#E@4#/B-3-E.#79#9H08-#E7#/117D-/E4#5-E@#F3/0E1#/;4# H0K0750J#(E#-1#/11HC42#E@/E#-0E4;/DE-70#79#9H08-#5-E@#/#F3/0E#342#E7#/2/FE/ E-701#E@/E# /337542#97;#E@4#/117D-/E-70J#n@/E#-1#K0750#/B7HE#E@4#4G73HE-70#79#C.D7;;@-A/4#-1# E@/E#E@4#4G73HE-70#79#E@4#40271.CB-7E-D#9H08/3#/117D-/E-701#7DDH;;42#9-;1E#/02#-1# E@7H8@E#E7#@/G4#9/D-3-E/E42#E@4#24G437FC40E#79#4DE71.CB-7E-D#9H08/3#/117D-/E-701# M $/-0/#4E#/3J<#=>>>NJ#b/1DH3/;-A/E-70#79#F3/0E1#97337542#E@4#24G437FC40E#79#9H08/3# /117D-/E-701J#(E#-1#1F4DH3/E42#E@/E#9H08/3#/117D-/E-701#C/.#@/G4#4I4;E42#E@4#1434DE-G4# F;411H;41#E@/E#2-;4DE42#E@4#F3/0E1#E7#-0D;4/14#-0#1-A4#/02#E7#1E;408E@40#E@4-;#/B-3-E.# E7#/DPH-;4#/02#2-1E;-BHE4#0HE;-40E1#/02#E@4;497;4#342#E7#E@4#;4PH-;42#G/1DH3/;-A/E-70# 79#F3/0E1#M$/G40<#?Z^^U#$/-0/#4E#/3J<#=>>>NJ# # # R.D7;;@-A/3#/117D-/E-701#/;4#E@7H8@E#E7#@/G4#9/D-3-E/E42#CHD@#79#E@4#4/;3.# 4G73HE-70#79#3/02#F3/0E1<#@754G4;<#E@4#C7;F@7378 .#79#4/;3.#9H08/3#1.CB-70E1#@/1# D@/0842#G4;.#3-EE34#1-0D4#E@-1#E-C4<#@40D4#E@4-;#D701-24;/E-70#/1#3-G-08#9711-3# M`/;0-1K4#4E#/3J<#=>>]NJ#'@4#4G73HE-70/;.#-CF7;E/0D4#79#E@414#4/;3.#1.CB-70E1#-1# /1E7H02-08J#(0#/22-E-70#E7#/DE-08#/1#/#C/T7;#C4/01#79#0HE;-40E# HFE/K4#-0#4/;3.#3/02# F3/0E1#/02#9/D-3-E/E-08#E@4#G/1DH3/;-A/E-70#79#3/02#F3/0E1<#%R#1.CB-7141#/;4#5-243.# D701-24;42#/1#E@4#F;424D4117;1#E7#04/;3.#/33#F3/0E#;77E#40271.CB-7141#M`/;0-1K4#4E# /3J<#=>>]NJ #

PAGE 112

# ?>W # # '/I707C-D/33.<#9H08-#97;C-08#C.D7;;@-A/3#/117D-/E-701#/ ;4#79#E@4#F@.3/# V37C4;7C.D7E/<#%1D7C.D7E/#/02#!/1D-2-7C.D7E/#M)C-E@#/02#$4/2<#=>>]NJ#)C/33# ;-B717C/3#1HBH0-E#14PH40D4#F@.37840.#79#E@4#9H08-#97;C-08#%R#1.CB-7141#;4G4/342# ;43/E-G43.#;4D40E3.#E@/E#E@414#9H08-#/;4#PH-E4#F@.378404E-D/33.#2-1E-0DE#9;7C#7E@4;# 9 H08-#M)D@kl34;#4E#/3J<#=>>?NJ#'@-1#342#E7#E@4-;#41E/B3-1@C40E#/1#/#045#/02#2-1E-0DE# C707F@.34E-D#8;7HF<#E@4#V37C4;7C.D7E/J#'@414#1/C4#1EH2-41#1H8841E#E@4#2-G4;840E# 4G73HE-70#79#E@4#V37C4;7C.D7E/<#%1D7C.D7E/#/02#!/1D-2-7C.D7E/#9;7C#/#D7CC70# /0D41E7;#M)D@kl3 4;#4E#/3J<#=>>?N<#/3E@7H8@#E@-1#@/1#B440#2-1FHE42#B.#/0/3.1-1#79#l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g-1E4;#/02#`/;0-1K4<#=>>=U#`/;0-1K4<#=>>]NJ#'@4# F;7F7142#(')#1.CB-71-1#D7H32#B4#;494;;42#E7#/1#E@4#E@47;4E-D/3#hC-11-08#3-0Ki# B4E5440#;@-A7B-/#/02#C.D7;;@ -A/#/02#C/.#@/G4#HE-3-A42#/2/FE/E-701#/3;4/2.#-0#H14#

PAGE 113

# ?>[ # -0#E@4#%R#E7#40E4;#E@4#D433J#'@4#F4;L -094DE-70#E@;4/2#C4CB;/04#-1#1E;HDEH;/33.# 1-C-3/;#E7#E@4#F4;-9H08/3#C4CB;/04#24G437F42#2H;-08#C.D7;;@-A/3#@.F@/3#-0G/1-70# -02-D/E-08#E@/E#E@4#F4;L -094DE-70#E@;4/2#C 4CB;/04#C/.#B4#24;-G42#9;7C#E@4# F4;-9H08/3#C4CB;/04#F;4G-7H13.#24G437F42#97;#H14#B.#%R#Mg-1E4;#/02#`/;0-1K4<# =>>=U#`/;0-1K4<#=>>]NJ#(0#E@-1#D70D4FEH/3#1.CB-71-1<#-0E4;D433H3/;#;434/14#57H32#07E# @/G4#7DDH;;42U#;/E@4;#E@4#B/DE4;-/#57H32#@/G4#F/;E-D-F/E42#-0# 0-E;7840#9-I/E-70#9;7C# E@4#24G437F42#-094DE-70#E@;4/2J#(0E;/D433H3/;#-094DE-70#/02#072H34#24G437FC40E# 57H32#@/G4#B440#3/E4;#24G437FC40E1#Mg-1E4;#/02#`/;0-1K4<#=>>=U#`/;0-1K4<#=>>]NJ # # :-8H;4#[J? #)-C-3/;-E-41#1440#B4E5440#1E;HDEH;41#97;C42#-0#E@4#;@-A7B-/3# ;77E#072H34# 1.CB-71-1#/02#E@4#%R#1.CB-71-1J#'@-1#9-8H;4#/317#-33H1E;/E41#/#@.F7E@4E-D/3#C-2F7-0E# -0E4;/DE-70#K0750#/1#E@4#-094DE-70#E@;4/2#1.CB-71-1J#'@4#-094DE-70#E@;4/2#1.CB-71-1# 5/1#E@47;-A42#E7#C/K4#H14#79#F;4G-7H13.#41E/B3-1@42#C4D@/0-1C1#9;7C#E@4#%R# 1.CB-71-1#E7#/D@-4G4#-0E;/D433H3/;#-094DE-70J#'@4#24G437FC40E#79#/#;77E#072H34#-1# E@7H8@E#E7#@/G4#7DDH;;42#3/E4;#M9;7C#`/;0-1K4#=>>=NJ #

PAGE 114

# ?>Y # # # '@4#B/DE4;-/3#8404;/#97;C-08#;@-A7B-/3#1.CB-7141#/;4#PH-E4#2-G4;14# F@.37840E-D/33.#-0D3H2-08#B/DE4;-/#79#B7E@#!H;K@7324 ;-/341#/02#$@-A7B-/341J#%# D7CF34E4#3-1E#79#E@4#B/DE4;-/3#F@.3/#97;C-08#;@-A7B-/3#1.CB-7141#5/1#F;7G-242#-0# '/B34#?J?#5@-D@#-1#-0#14DE-70#?J[J##'@4#/DPH-1-E-70#79#E@4#/B-3-E.#E7#F/;E-D-F/E4#-0#E@4# ;@-A7B-/3#1.CB-71-1#B.#E@414#2-G4;14#B/DE4;-/#-1#/0#-0E4;41E -08#9-432#79#1EH2.#B.#-E1439J# '@4#F;427C-0/0E#E@47;.#70#@75#E@-1#7DDH;;42#-1#E@;7H8@#E@4#/DPH-1-E-70#79#/# 1F4D-9-D#1.CB-71-1#-13/02#E@;7H8@#/#14;-41#79#3/E4;/3#8404#E;/0194;#4G40E1J#(02442<#-E# @/1#B440#24C701E;/E42#E@/E#E@4#-0E48;/E-70#79#E@-1#1.CB-71-1#-1 3/02#-1#/24PH/E4#E7# -02HD4#1.CB-71-1#-0#070 L 1.CB-7E-D#B/DE4;-/#M)H33-G/0#/02#$70170<#?ZZ]U#:-0/0<# =>>=U#*;4134; L &H;C-#4E#/3J<#=>>ZNJ##'@-1#E.F4#79#E;/0194;#79#84041#-1#E@7H8@E#E7#@/G4# 9/D-3-E/E42#E@4#24G437FC40E#79#;@-A7B-/3#1.CB-71-1#-0#E@4#5-24#;/084#79# B/DE4;-/#-0# 5@-D@#-E#@/1#B440#7B14;G42J#'@4#@7;-A70E/3#E;/0194;#79#&72#84041#@/1#/317#B440# 24C701E;/E42#B7E@# #52:#:%2 /02# #521#)'2 MR-0/C-1/5/#4E#/3J<#=>>=NJ#'@4#3/EE4;#1EH2.# 24C701E;/E42#E@/E#E@4#@7;-A70E/3#E;/0194;#79#&72#84041#D7H32#7DDH;#-0#9-432# D702-E701#9;7C#&72#8404 L D70E/-0-08#1E;/-01#E7#070 L &72#8404#D70E/-0-08#B/DE4;-/3# 1E;/-01J#'@4-;#;41H3E1#-CF3.#E@/E#-02442#E@4#E;/0194;#79#&72#84041#9;7C#;@-A7B-/3# B/DE4;-/#E7#7E@4;#;@-A7B-/3#B/DE4;-/#/02#B/DE4;-/#79# ;'4<"%.6*4#-.*1 #D7H32#@/G4# F7E40E-/33.#7DDH;;42 #MR-0/C-1/5/#4E#/3J<#=>>=NJ#'@7H8@#E@-1#1EH2.#24C701E;/E41# E@/E#E;/0194;#2741#7DDH;# #52:#:% #B4E5440#B/DE4;-/<#E@-1#9/331#1@7;E#79#24C701E;/E-08# E@/E#E@-1#17;E#79#E;/0194;#4G40E#-1#F711-B34# #52:#:% #B4E5440#B/DE4;-/#/02#9H08-J# O7;-A70E/3#8404#E;/0194;#7DDH;1 #;4/2-3.#5-E@-0#F;7K/;.7E41<#@754G4;<#8404#E;/0194;# 4G40E#7DDH;1#CHD@#C7;4#;43HDE/0E3.#B4E5440#F;7K/;.7E41#/02#4HK/;.7E41#M:-0/0#

PAGE 115

# ?>\ # =>>=NJ#(E#-1#E@4#/-C#79#E@-1#1EH2.#E7#-0G41E-8/E4#E@4#F;7B/B-3-E.#79#E@4#7DDH;;40D4#79# E@-1#17;E#79#4G40E#B4E5440#/;BH1DH3/;#C. D7;;@-A/3#9H08-#/02#;@-A7B-/3#B/DE4;-/J # H8H!F=,!+)%)!:%4)6:-0%#)! # %R#9H08-#97;C#1.CB-7141#5-E@#7G4;#]>j#79#F3/0E1<#-0D3H2-08#C/0.#B/1/3# 8;7HF1#M )D@kl34;<#=>>>U #)C-E@#/02#$4/2<#=>>]NJ#'@4.#@/G4#/#24C701E;/E42#/B-3-E.# E7#/117D-/E4#5-E@#B;.7F@.E41#M +-8;704# 4E # /3J <#=>>^ N<# 3.D7F@.E41#M n-0E@4;#/02# :;-42C/0<#=>>] N<#/02#94;01 #M !7H33/;2<#?Z^Z NJ# #'@-1#24C701E;/E41#9H;E@4;#E@4# 4G73HE-70/;.#/0E-PH-E.#79#E@414#/117D-/E-701J# # # V4041#5-E@#14PH40D4#1-C-3/;-E.#E7#14G4;/3#79#E@4#D7CC70#).C#840 41#54;4# -240E-9-42#-0#/0#4IE;4C43.#5-24#;/084#79#F3/0E1#/02#04/;3.#/33#F3/0E1#-0#E@4# ,CB;.7F@.E/#3-04/84#1@7542#8404#14PH40D41#5-E@#@-8@#1-C-3/;-E.#E7#*R(?<#*R(W<# /02#(`*W#84041#Mn/08#4E#/3J<#=>>\N J#'@-1#-0D3H241#C/0.#B/1/3#F3/0E1<#5@-D@#-02-D/E41# E@/E#E@4 #HE-3-A/E-70#79#E@4#).C#1-80/3-08#F/E@5/.#97;#-0E;/D433H3/;#/DD7CC72/E-70# D7H32#@/G4#7DDH;;42#F;-7;#E7#E@4#2-G4;840D4#79#070 L G/1DH3/;#/02#G/1DH3/;#F3/0E1#/02# F4;@/F1#F;-7;#E7#D7370-A/E-70#79#3/02# Mn/08#4E#/3J<#=>>\N J#R734DH3/;#/0/3.1-1#79#E@414# 84041#-02-D /E41#E@4-;#G4;E-D/3#-0@4;-E/0D4#2H;-08#3/02#F3/0E#4G73HE-70# M u-H# 4E # /3J <# =>>\ NJ# XFF71-083.<#E@414#84041#54;4#-240E-9-42#-0#070 L C.D7;;@-A/3#C4CB4;1#79# E@414#3-04 /841<#1H8841E-08#E@/E#E@4.#C/.#@/G4#@/2#7E@4;#9H0DE-701#-0#17C4#79#E@414# C4CB4;1# Mn/08#4E#/3J<#=>>\N J#'@4#9H0DE-70#79#E@414#84041#-0#070 L C.D7;;@-A/3# ,CB;.7F@.E41#-1#/#E7F-D#97;#9H;E@4;#;414/;D@J#O754G4;<#07E/B34#2-994;40D41#54;4# 1440#-0#E@4#1.C;K#84041#5@4 ;4#F;494;40D4#97;#D4;E/-0#)"R$g#E.F41#@/G4#B440#

PAGE 116

# ?>^ # 7B14;G4#B4E5440#1.CB-7141<#5@-D@#@/1#F;7CFE42#1F4DH3/E-70#79#F3/0E# /DD7CC72/E-70#97;#;@-A7B-/3#-094DE-70#MR/;KC/00#4E#/3J<#=>>]NJ # # $@-A7B-/#/;4#;41E;-DE42#E7#E@4#:/B/341<#:/8/341<#6HDH;B-E/341<#/02#$71/341<#7 ;# E@4#17 L D/3342#:/#:/#6H#$7#D3/24#Mg-1E04;#/02#`/;0-1K4<#=>>=U#n/08#4E#/3J<#=>>\NJ# %DPH-1-E-70#79#E@4#).C#84041#B.#E@4#/08-71F4;C1#7DDH;;42#E@;7H8@#E@4#G4;E-D/3# -0@4;-E/0D4#C4D@/0-1C1#241D;-B42#/B7G4J#:-8H;4#[J=#1@751#E@4#2-G4;840E#F3/0E# 8;7HF1<#5@-D@#@/G4 #/DPH-;42#E@4#1.C#8404#F;78;/C#/02#/;4#D/F/B34#79#97;C-08#%R# 1.CB-7141#/02#@75#F3/0E1#97;C-08#;@-A7B-/3#1.CB-7141#9-E#-0E7#E@4#1D@4C/J # # :-8H;4#[J= #(33H1E;/E-70#79#E@4#5-24#;/084#79#F3/0E1#E@/E#5-E@#5@-D@#%R#/;4#D/F/B34#79# 97;C-08#1.CB-7141J#'@-1#/317#-33H 1E;/E41#@75#;@-A7B-/3#1.CB-70E1#9-E#-0E7#E@-1# 1D@4C/J#%R#9H08-#2-G4;842#F;-7;#E7#E@4#D7370-A/E-70#79#3/02#B.#F3/0E1J#'@4-;# /117D-/E-70#5-E@#F3/0E1#-1#B43-4G42#E7#@/G4#7DDH;;42#04/;#7;#F;-7;#E7#E@4#D7370-A/E-70# 79#3/02#B.#F3/0E1J#).C#8404#7;E@7378H41#D/0#B4 #97H02#-0#04/;3.#/33#F3/0E1<#-0D3H2-08#

PAGE 117

# ?>] # B/1/3#F3/0E1#24C701E;/E-08#E@/E#E@4#).C#F/E@5/.#5/1#-0#H14#4/;3.#70#B.#%RJ#'@4#:/# :/#6H#$7#D3/24#5@-D@#-1#E@4#D3/24#E@/E#;@-A7B-/3#B/DE4;-/#/;4#D/F/B34#79#1.CB-71-08# 5-E@#/317#D70E/-0#7;E@7378H41#79#E@414#84041J#(0E4; 41E-083.<#/DD7CC72/E-701#97;#E@4# B/DE4;-/3#1.CB-70E1#5-E@#;41F4DE#E7#E@4#1.C;K#8404#/FF4/;#E7#@/G4#B440#C/24#-0# E@-1#D3/24#M9;7C#`/;0-1K4<#=>>]NJ # H8J!">]NJ#'@4#E;/0194;#79#E@4#).C#84041# -1#07E#1H;F;-1-08#9;7C#/0#4G73HE-70/;.#F4;1F4DE-G4#/1#E@414#;43/E-701@-F1#F;7G-24# 1434DE-G4#/2G/0E/841#E7#E@4-;#@71E1#C/K-08#-E#4G73HE-70/;-3.#F;H24 0E#E7#;4E/-0#E@414# 84041#M!709/0E4#/02#)437114#4E#/3J<#=>?>NJ#'@4#9H08/3#7;#F3/0E#/DD7CC72/E-701#E@/E# 342#E7#E@4#;@-A7B-/3#H14#79#E@-1#F/E@5/.#/;4#3411#5433#H024;1E772J# # '@4;4#/;4#14G4;/3#D7CF4E-08#E@47;-41#/1#E7#@75#;@-A7B-/#24G437F42#H14#79#E@4# 1.CB-7ED#F/E@5/.J#R.D7;;@-A/3#1.CB-71-1#5/1#/3;4/2.#C7;4#E@/0#W>>#C-33-70#.4/;1# 732#5@40#E@4#9-;1E#7B14;G42#;@-A7B-/3#1.CB-7141#54;4#7DDH;;-08J#$4D;H-EC40E#79#E@-1# F;4G-7H13.#41E/B3-1@42#F/E@5/.#1F4D-/33.#/2/FE42#97;#E@4#D433H3/;#/DD7CC72/E-70#79# F3/0E#1.CB-70E1# C/K41#14014<#@754G4;<#5@/E#4G73HE-70/;.#4G40E1#342#E7#E@-1# ;4D;H-E4C40EQ#'57#4G40E1#54;4#04D411/;.#97;#E@4#24G437FC40E#79#E@4#;@-A7B-/3#;77E# 072H34#1.CB-71-1e#E@4#/DPH-1-E-70#79#E@4#).C#84041#B.#F3/0E1#79#E@4#9/C-3.#:/B/D4/4# /02#E@4#/DPH-1-E-70#7;#24G437FC 40E#79#E@4#072#84041J#%#945#F7E40E-/3#C4D@/0-1C1# B.#5@-D@#E@414#E57#4G40E1#C/.#@/G4#7DDH;;42#5-33#075#B4#2-1DH1142J# # H8J87!"*05-0-:&%.!&2!Fb<9a!:%!-4)!()+C,). # $@-A7B-/3#B/DE4;-/#C/K4#H14#79#E@4#).C#F/E@5/.#97;#-0E;/D433H3/;# /DD7CC72/E-70J#).C#1-80/3-08#1@ 751#;4C/;K/B34#1-C-3/;-E-41#-0#B7E@#;@-A7B-/#/02#

PAGE 118

# ?>Z # C.D7;;@-A/4<#@754G4;<#8404E-D#/0/3.1-1#79#E@4#).C#84041#-02-D/E41#E@/E#/2/FE/E-701# @/G4#7DDH;;42#97;#E@4#;@-A7B-/3#H14#79#E@4#F/E@5/.J#'@4#).C#84041#1@75#;4C/;K/B34# 1-C-3/;-E.#5-E@-0#072H3/E-08#/02#070 L 072H3 /E-08#F3/0E1<#E@4#704#4ID4FE-70#B4-08# 1.C;K#M)E;/DK4#4E#/3J<#=>>=U# R/;KC/00#4E#/3J<#=>>]N J#%1#E@4#)"R$g#F;7E4-0#-1#5-243.# D701-24;42#E7#B4#E@4#D7CC70#F7-0E#79#40E;.#97;#E@4#).C#F/E@5/.#/02#B4D/H14# )"R$g#1@751#1HD@#14PH40D4#G/;-/B-3-E.#-E#@/1#B440#1H8841E42 #E@/E#)"R$g#@/1#5/1# ;41F701-B34#97;#/DD7CC72/E-08#;@-A7B-/3#H14#79#E@4#F/E@5/.#M)E;/DK4#4E#/3J<#=>>= N J# )F4D-9-D/33.<#E@4;4#/;4#G/;-/E-701#7DDH;#-0#3408E@#79#E@4#4IE;/D433H3/;#27C/-01#79# )"R$g#-0#2-994;40E#@71E#F3/0E1#Mg-1E04;#/02#`/;0-1K4<#=>>=U#V@4;B-#4E# /3J<#=>>]# R/;KC/00#4E#/3J<#=>>]N J#(0#1HFF7;E#79#E@-1#C4D@/0-1C<#B/DE4;-/#/02#9H08-#@/G4# 2-994;40E#F;7F401-E-41#E7#/117D-/E4#5-E@#F3/0E1#5-E@#)"R$g#C734DH34#79#G/;-42# 4IE;/D433H3/;#27C/-0#3408E@1J#&72H3/E-70#-1#703.#F711-B34#-0#F3/0E1#5-E@#9H33#3408E@# )"R$g #MV@4;B-#4E#/3J<#=>>]NJ#%R<#70#E@4#7E@4;#@/02<#/;4#D/F/B34#79#1.CB-71-08#5-E@# 1@7;E4;#G4;1-701#79#E@4#)"R$g#F;7E4-0#MR/;KC/00#4E#/3J<#=>>]NJ#(0E4;41E-083.<#9H33 L 3408E@#)"R$g#F;7E4-01#/;4#97H02#/D;711#E@4#4H;71-21<#@754G4;<#7E@4;#/08-71F4;C1# E402#E7#@/G4#1@ 7;E4;#)"R$g#F;7E4-01#3/DK-08#/# + 4HD-04 L $ -D@# $ 4F4/E#M+$$N# M`/;0-1K4<#=>>]NJ#'@4#/DPH-1-E-70#79#/#E@-;2#+$$#-0#4H;71-21#144C1#E7#B4#;4PH-;42#97;# ;@-A7B-/3#072H3/E-70J#(E#@/1#B440#1H8841E42#E@/E#E@4#E@-;2#+$$#5/1#/DPH-;42#E@;7H8@# 4I70#/DPH-1-E-70#79#/0#+$$#27 C/-0#7;#E@;7H8@#;4E/-0C40E#79#/#)"R$g#4I70#MV@4;B-# 4E#/3J<#=>>]U#R/;KC/00#4E#/3J<#=>>]U#`/;0-1K4<#=>>]NJ#XE@4;#/DD7CC72/E-70#4G40E1# CH1E#/317#@/G4#7DDH;;42#E7#/3375#97;#E@4#G/;-/B34#;41F7014#43-D-E42#9;7C#E@4#).C# F/E@5/.#B.#B7E@#1.CB-70E1a#F4;D4FE-70#B.#)" R$gJ #

PAGE 119

# ??> # H8J8A!/4)!&6:+:%.!&2!-4)!%&*!+)%). # ';/01D;-FE-70#79#1F4D-9-D#072#84041#;41H3E1#-0#1.CB-70E#;4D780-E-70#/02# /DE-G/E-70#79#E@4#).C#F/E@5/.<#.4E<#5@/E#-1#E@4#7;-8-0#79#E@414#84041Q#%DPH-1-E-70#79# E@4#072#84041#9;7C#17C45@4;4#7HE1-24#79#E@4#;@-A7B-/3#B/ DE4;-/#-1#1HFF7;E42#B.#/# 1-80-9-D/0E3.#3754;#Vf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l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

PAGE 120

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g-1E04;#/02#`/;0-1K4<#=>>=NJ#%1#5/1#4IE401-G43.#-0E;72HD42#-0#D@/FE4;#E@;44<#E@4# ;@-A7B-/3#B/DE4;-/#HE-3-A4#E@4#).C#F/E@5/.#-0#1-80/3-08#97;#E@4-;#-094DE-70#E@;4/2# 97;C/E-70#/02#-0#-0-E-/E-08#1-80/3-08#E@/E#34/21#E7#072H34#7;8/0784041-1J#'@-1# F/E@5/. #-1#/317#HE-3-A42#B.#E@4#/;BH1DH3/;#C.D7;;@-A/4U#-0#9/DE<#4G-240D4#1H8841E1# E@/E#E@4#C.D7;;@-A/4#HE-3-A42#E@-1#F/E@5/.#E7#@43F#C42-/E4#E@4-;#-094DE-70#/1#4/;3.# [>>#C-33-70#.4/;1#/87#MVH/3E-4;-#/02#!-1143-08<#=>>>NJ##(0#/22-E-70#E7#E@4#D7CC70# ).C#84041#/#;/ 084#79#7E@4;#84041#-0D3H2-08#,&X*=<#,&X*[><#,&X*Y<#,&X*#?=#/02# 7E@4;#4/;3.#072H3-0#84041#/;4#/DE-G/E42#-0#2H;-08#E@4#C.D7;;@-A/3#1.CB-71-1#-0# /22-E-70#E7#E@4#;@-A7B-/3#1.CB-71-1#Mb/0#$@-T0#4E#/3J<#?ZZ^U#%3B;4D@E#4E#/3J<#?ZZ]NJ#%# @-8@4;#Vf6#D70E40E#-0#E@4#& 72#84041#D7CF/;42#E7#E@4#/G4;/84#97H02#-0#7E@4;# ;@-A7B-/3#84041#-02-D/E41#E@/E#E@4#072#84041#D7H32#@/G4#7;-8-0#7HE1-24#79#E@4#

PAGE 121

# ??= # ;@-A7B-/#MV/3-B4;E#4E#/3J<#=>>?U#O-;1D@#4E#/3J<#=>>?NJ#%317<#1-C-3/;-E.#79#&726<#704#79# E@4#E@;44#&72#84041#E@/E#/;4#HB-PH-E7H13.# HE-3-A42#-0#E@4#1.0E@41-1#79#E@4#&72#9/DE7;# B/DKB7041<#E7#/#9H08/3#D@-E-0#1.0E@/14#1H8841E1#E@/E#E@-1#7;-8-0#D7H32#B4#9H08/3# M%EK-0170#/02#+708<#?ZZ=NJ# # # '784E@4;<#E@414#2/E/#F;7G-24#E@4#B/1-1#97;#1H8841E-08#E@4#/DPH-1-E-70#79# ;@-A7B-/3#072H3/E-70#D/F/B-3E.#E@;7H8@#E@4#HE-3-A/E-70#79#1-80/3-08#C4D@/0-1C1# /3;4/2.#-0#H14#B.#E@4#/0D-40E#/;BH1DH3/;#C.D7;;@-A/3#1.CB-71-1J#'@4#/-C#79#E@4# -0G41E-8/E-70#D/;;-42#7HE#-0#E@-1#F/F4;#-1#E7#/11411#E@4#F7E40E-/3#97;#E@4#7DDH;;40D4#79# E@-1#4G40E#E@;7H8@#E@4#/DPH-1-E-70#79 #E@4#&72#84041#9;7C#E@4#/;BH1DH3/;#C.D7;;@-A/3# 9H08-J# # H8S!<)-4&*. # # '@-1#-0G41E-8/E-70#/-C42#E7#144#-9#-E#5/1#F711-B34#E7#-240E-9.#/#F/EE4;0#79# 14PH40D4#D7014;G/E-70#E@/E#-1#1H8841E-G4#79#84041#5-E@#9H08/3#7;-8-0#4I-1E-08#-0#E@4# ;@-A7B-/3#B/DE4;-/J#`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

PAGE 122

# ??W # 84041#54;4#-0G41E-8/E42#-0#24E/-3U#&726#-1#79#F/;E-DH3/;# -0E4;41E#8-G40#-E1#F;4G-7H13.# -240E-9-42#1-C-3/;-E.#E7#/#9H08/3#D@-E-0#1.0E@/14J # H8S87!RL"F/!.)06#4!-&!2:%*!6)#:56�(!+)%).! # %# /1-D# + 7D/3# % 3-80C40E# ) 4/;D@# 773 #M!+%)'N#14/;D@#M %3E1D@H3#4E#/3J<#?ZZ>N # 5/1#9-;1E#F4;97;C42#E7#-240E-9.#;4D-F;7D/3#84041<#8404 1#5-E@#1-C-3/;-E.#E7#E@4# 14PH40D41#H142#-0#E@4#14/;D@<#5-E@#E@4#F7E40E-/3#E7#B4#9H08/3#7;E@7378H41#79#E@4# 1434DE42#B/DE4;-/3#84041J#%#B3/1EF#14/;D@#5/1#F4;97;C42#H1-08#249/H3E#!+%)'# F/;/C4E4;1#5-E@#E@4#4ID4FE-70#79#E@4#C/E;-IU#/# ` 4;D40E/84#79# % DD4FE/B34#F7 -0E# R HE/E-701#F4;#?> ] #.4/;1 #M `%RN#^>#C/E;-I#5/1#H142#97;#E@-1#14/;D@J#%#`%R#C/E;-I# 5-E@#/#@-8@#G/3H4#7;#/# !37 DK# )H B1E-EHE-70# R /E;-I#M!+X)cRN#5-E@#/#375#DHE799#G/3H4# 5/1#F;494;;42#97;#E@-1#14/;D@#79#E@414#14PH40D41#/1#E@4.#B43708#E7#4G73HE-70/;.# 2-1E/0E#7;8 /0-1C1#M)D@5/;EA#/02#*/.@799<#?Z^]U#O4-0-K799#/02#O4-0-K799<#?ZZ=U# O4-0-K799#/02#O4-0-K799<#?ZZWNJ#`%R#C/E;-D41#/;4#B/142#799#79#E@4#`%R?#C/E;-I<#5-E@# R?#2407E-08#704#H0-E#79#4G73HE-70/;.#D@/084J#!.#CH3E-F3.-08#E@4#`%R?#C/E;-I#B.# -E1439<#/#C/E;-I#97;#D7CF/ ;-08#14PH40D41#79#G/;.-08#248;441#79#;43/E420411#D/0#B4# 7BE/-042J#)D7;-08#-0#E@4#`%R#C/E;-I#-1#B/142#799#79#E@4#F;7B/B-3-E.#E@/E#704#/C-07# /D-2#57H32#@/G4#CHE/E42#E7#E@4#/C-07#/D-2#-0#E@4#14D702#14PH40D4#8-G40#E@4# /C7H0E#79#4G73HE-70/;.#2-1E/0D4#E@/E#14F/; /E41#E@4C#M `4;E14C3-2-1#/02#:70270#(((<# =>>?N <#-E#-1#E@4;497;4#-CF7;E/0E#E7#E/K4#-0E7#/DD7H0E#E@4#4G73HE-70/;.#2-1E/0D4# B4E5440#E@4#7;8/0-1C1#B4-08#-0G41E-8/E42J#'@-1#14/;D@#5/1#F4;97;C42#H1-08#E@4# ;4F7;E42#/C-07#/D-2#14PH40D41#79#&72%<#&72!<#&726#/02#&72* J#)4PH40D41#54;4# 7BE/-042#9;7C#&6!(#840B/0K#/02#E@4#/DD411-70#0HCB4;1#"`S>>?Z][\>?J?<#

PAGE 123

# ??[ # %6,Z[>Y?J?<#"`S^^>[\WJ?<#6%g?>[>ZJ?<#&`S^\]\\YJ?<#!%6[^=Z>J?<#&`S[[W]]YJ?<# &`S[WY^=?J?<#%%g\Y?WWJ?<#%%!Z?\Z^J?<#"`S>>?Z][Y^WJ?<#%6,Z[>=WJ?<# "`S^^>[\[J?<#6%g?>[?>J?<#&`S[[ W]][J?<#&`S[WY^=>J?<#%%g\Y?W=J?<#%%!Z?\Z\J?<# "`S>>WY^?=YYJ?<#6!O=[W>WJ?<#"`S>>=\>Y]\YJ?<#%6&?^^>?J?<#"`S>>?Z][Y^=J?<# %6,Z[>==J?<#"`S>>?]\W\Y^J?<#%66^\\>^J?<#"`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n/E4;@7H14#4E#/3J<#=>>ZU#_/3G-45<#b4;1-70# ?? J>N#5-E@#249/H3E#14EE-081#5-E@#E@4#4ID4FE-70#79#E@4#C/E;-I#H142<#5@-D@#5/1#/# `%RW>>#C/E;-IJ#'@4#`%R#C/E;-I#-1#H142#B.#E@4#/3-80C40E#179E5/;4#E7#1D7;4#E@4# PH/3-E.#79#E@4#/3-80C40EJ#%#`%R#C/E;-I#5-E@#/#@-8@#G/3H4<#W>><#5/1#H142#/1#E@-1#-1# F;494;;42#97;#4G73H E-70/;-3.#2-1E/0E#7;8/0-1C1#M `4;E14C3-2-1#/02#:70270#(((<#=>>?N J# H8S8D!F)06#4!2&6!#&%.)6@)*!*&,0:% # %#D7014;G42#27C/-0#14/;D@#5/1#F4;97;C42#H1-08#&6!(a1#D7014;G42#27C/-0# 14/;D@#408-04J#'@4#14/;D@#5/1#2704#/8/-01E#/#9H08/3#D@-E-0#1.0E@/14#9;7C# 8.%('12 :*41#= %4(*2 MV40!/0K#/DD411-70#0HCB4;e#6%%>]^\=J?NJ #'@-1#14/;D@#5/1#F4;97;C42# E7#24E4;C-04#-9#E@4;4#-1#/0.#9H0DE-70/3#1-80-9-D/0D4#79#E@4#@-8@3.#/3-8042#;48-70J#(9#

PAGE 124

# ??Y # E@-1#;48-70#@/1#9H0DE-70/3#1-80-9-D/0D4#E@-1#57H32#C4/0#/#@-8@4;#1-80-9-D/0D4#79#E@4# /3-80C40EJ#'@1#14/;D@#5/1#F4;97;C42#H1-08#249/H3E#F/;/C4E4;1J# # H8`!9).C(-. H8`87!E&-)%-:0(!&6-4&(&+C).!:*)%-:2:)*!-46&C+4!RL"F/ # X9#E@4#97H;#8404#E.F41#14/;D@42<#&726#.-43242#F7E40E-/33.#7;E@73787H1#F;7E4-01# -0#E@4#9H08-#5-E@#D701-24;/B34#34G431#79#1-C-3/;-E-41J#%0#,#G /3H4#79#3754;#E@/0#?# -02-D/E41#B-7378-D/3#1-80-9D/0D4#M `4;E14C3-2-1#/02#:70270#(((<#=>>?N <#E@4#,#G/3H41#97;# 4/D@#79#E@414#F;7E4-01#54;4#CHD@#3754;#E@/0#?J#%1#4IF4DE42<#&726#@/2#1-C-3/;-E-41# E7#/#9H08/3#D@-E-0#1.0E@/141#/02#E@;44#-0#F/;E-DH3/;#MV40!/0K#%DD4 11-70#0HCB4;1e# 6%%>]^\=J?<#6%%W^WWZJ?<#/02#6%%W^WW]J?NJ#&72%<#&72!<#/02#E@4#&72*1#@/2# 3-C-E42#1-C-3/;-E-41#E7#F;7E4-01#9;7C#V37C4;7C.D7E/J#'@4#D7G4;/84#F4;D40E/841#/02# L G/3H41#97;#F;7E4-01#-240E-9-42#-0#;4D-F;7D/3#14/;D@41#97;#E@414#&72#84041#-02-D/E42# 07 0 L 1-80-9-D/0E#1-C-3/;-E-41#M2/E/#07E#1@750NJ#'/B34#[J?#1@751#E@4#9H08/3#F;7E4-01# -240E-9-42#5-E@#14PH40D4#1-C-3/;-E-41#E7#&726J#'@4#E7F#E@;44#9H08/3#D@-E-0#1.0E@/141# @/G4#E@4#@-8@41E#07E42#1-C-3/;-E-41#E7#&726J# H8`8A!3(C.-0(!0(:+%,)%-!0%*!#&%.)6@)*!*&,0:% !.)06#4!6).C(-. # # '@4#D3H1E/3#/3-80C40E#;4G4/342#/#@-8@#34G43#79#D7014;G/E-70#B4E5440# F71-E-701#]^>#/02#??[]#5-E@#/#1C/33#;48-70#79#3-C-E42#D7014;G/E-70#B4E5440# F71-E-701#Z\=#/02#Z\ZJ#'@-1#-1#-33H1E;/E42#-0#9-8H;4#[JWJ#'@4#34G43#79#D7014;G/E-70# B4E5440#E@4 14#E57#2-994;40E#9/C-3-41#79#F;7E4-01#-1#@-8@4;#E@/0#57H32#B4#4IF4DE42# 97;#E@414#2-G4;840E#8;7HF1J##(0#E@-1#9-8H;4<#/#@-8@#34G43#79#D7014;G/E-70#/02#D701401H1# / B 3 4 # [ J ? # # #

PAGE 125

# ??\ # B4E5440#E@4#1-I#F;7E4-01#D/0#B4#1440J#'@4#PH/3-E.#79#E@414#/3-80C40E1#-1#/317#@-8@#-0# E@414#;48-7 01J # # '@4#D7014;G42#27C/-0#14/;D@#-240E-9-42#14G4;/3#F7E40E-/3#D7014;G42#27C/-01# -0#E@4#9H08/3#D@-E-0#1.0E@/14<#@754G4;<#703.#704#1F4D-9-D#@-EJ#'@-1#27C/-0#5/1#E@4#6 L E4;C-0/3#27C/-0#79#/#D@-E-0#1.0E@/14#5-E@#/#F;42-DE42#3-8/02 L B-02-08#1-E4J#'@-1# 27C/-0#-1#7 9#-0E4;41E#B4D/H14#-E#-1#37D/E42#5-E@-0#E@4#27C/-0#5-E@#@-8@#14PH40D4# 1-C-3/;-E.#-240E-9-42#E@;7H8@#E@4#D3H1E/3#/3-80C40EJ#'@-1#14PH40D4#/317#D70E/-042#/# D7014;G42#83.D71.3E;/0194;/14#27C/-0<#@754G4;<#E@4#D/E/3.E-D#1-E4#79#E@4#D@-E-0# 1.0E@/14#5/1#37D/E42#7 HE1-24#79#E@4#3/EE4;#27C/-0J#'@4#;41H3E1#79#E@4#D7014;G42# 27C/-0#14/;D@#/;4#1@750#-0#9-8H;4#[J[J#&70 L 1F4D-9-D#@-E1#54;4#7BE/-042#97;#14G4;/3# 7E@4;#F;7E4-01<#-0D3H2-08#7E@4;#F;42-DE42#D@-E-0#1.0E@/141<#/#D433H3714#1.0E@/14<#/02# @./3H;70/0#1.0E@/141 J# #

PAGE 126

# ??^ # #

PAGE 127

# ??] # # #

PAGE 128

# ??Z # # #

PAGE 129

# ?=> # H8^!3&%#(C.:&%. # ,G73HE-70/;-3.<#B7E@#1.CB-7E-D#;43/E-701@-F1#/;4#PH-E4#-0E4;41E-08J#'@4# /0D-40E#%R#1.CB-7141#54;4#3-K43.#41140E-/3#97;#9/D-3-E/E-08#E@4#C7G4C40E#79#/PH/E-D# F3/0E1#70E7#3/02#/02#2;-G-08#F3/0E1#E75/;21#G/1DH3/;-A/E-70J#'@4#-0E4;/DE-701# B4E5440#F3/0E1#/02#E@4#C.D7;;@-A/#54;4#79#1HD@#B4049-E#E@/E#E@4#G4;E-D/3#E;/0194;#79# ).C#84041#7DDH;;42#E@;7H8@7HE#F3/0E#4G73HE-70#Mn/08#4E#/3J<#=>>\NJ#V4041#5-E@#).C# 8404#1-C-3/;-E-41#/;4#4G40#1440#5-E@-0#070 L 1.CB-7E-D#F3/0E1J#b4;E-D/3#E;/0194;#79#E@4# ).C #84041#4IE40242#E@;7H8@7HE#E@4#:/#:/#6H#$7#D3/24<#E@4#704#E7#5@-D@#;@-A7B-/3# -0E4;/DE-701#/;4#;41E;-DE42J#*4G437FC40E#79#E@4#;@-A7B-/3#1.CB-71-1#F;7B/B3.# 97337542#E@4#/DPH-1-E-70#7;#24G437FC40E#79#E@4#072#84041J#).C#84041#/;4#F;4140E#-0# B/1/3#F3/0E1#-02-D/ E-08#E@/E#E@4#1.C#F/E@5/.#5/1#C71E#3-K43.#-0#H14#4/;3.#70#-0#E@4# C.D7;;@-A/3#1.CB-71-1J#'@-1#/33#34/21#E7#E@4#PH41E-70<#9;7C#5@4;4#/;4#E@4#072#84041# 24;-G42Q#X04#F711-B-3-E.#-1#E@/E#E@414#84041#54;4#-024F40240E3.#4G73G42J#%07E@4;#-1# E@/E#E@414#84041#54;4#/ DPH-;42#9;7C#/#17H;D4#7HE1-24#79#E@4#B/DE4;-/<#F711-B3.# E@;7H8@#/#8404#E;/0194;#4G40E#9;7C#C.D7;;@-A/3#9H08-J# # # 67CFHE/E-70/3#/0/3.1-1#79#E@4#F7E40E-/3#97;#E@4#3/E4;/3#E;/0194;#79#E@4#072# 84041#9;7C#9H08-#-240E-9-42#E@;44#F711-B34#9H08/3#7;E@73787H41#79#E@ 4#&726#8404J# '@4#E@;44#7;E@7378H41#-240E-9-42#-0#E@4#F;4140E#!+%)'#14/;D@#54;4#9H08/3#D@-E-0# 1.0E@/141J#`;43-C-0/;.#!+%)'#/3-80C40E1#1@7542#@-8@#1-C-3/;-E-41#B4E5440#E@414# 84041#/1#-02-D/E42#B.#E@4#375#,#G/3H41<#5@-D@#D/0#B4#1440#-0#'/B34#[J?J#!+%)'# 4CF@/1 -A41#1F442#7G4;#/DDH;/D.U#E@4;497;4<#/#D3H1E/3#/3-80C40E#5/1#F4;97;C42#E7# F;7G-24#/#C7;4#D7CF34E4#G-45#79#/3-80C40E#1-C-3/;-E-41J#&726#1-C-3/;-E-41#E7#.4/1E#

PAGE 130

# ?=? # D@-E-0#1.0E@/141#54;4#F;4G-7H13.#D/;;-42#7HE#M%EK-0170#/02#+708<#?ZZ=N<#@754G4;<# E@414#HE-3-A42#E@4 #:%)'%#/3-80C40E#179E5/;4J#'@-1#E.F4#79#/3-80C40E#4CF@/1-A42# -240E-9.-08#1-C-3/;-E.#7G4;#/DEH/3#14PH40D4#@7C7378.J#'@4#F;4140E#/0/3.1-1#HE-3-A42#/# 63H1E/3n#/3-80C40E<#5@-D@#2741#4G/3H/E4#14PH40D4#@7C7378.J#'@4#D3H1E/3#/3-80C40E# /317#97H02#/#;48-70#79#5-E@# /#@-8@#34G43#79#14PH40D4#/3-80C40EJ#'@;7H8@#/#D7014;G42# 27C/-0#14/;D@<#E@-1#;48-70#5/1#24E4;C-042#E7#D70E/-0#/#F;42-DE42#3-8/02 L B-02-08# 1-E4#M `R(* # ??\Z^Z>^N #79#/#D@-E-0#1.0E@/14J#'@-1#F;7E4-0#-1#/#C7;4#HB-PH-E7H1#D@-E-0# 1.0E@/14#E@/E#-1#97H02#-0#B7E@#9H08#/02#B/DE4;-/<#C/K-08#E@414#1-C-3/;-E-41#3411# 1H;F;-1-08#E@/0#9-;1E#E@7H8@EJ#O754G4;<#E@4#9/DE#E@/E#D7014;G/E-70#-1#1440#-0#/# 9H0DE-70/3#27C/-0#79#F;7E4-01#9;7C#B7E@#79#E@414#E57#2-1E/0E3.#;43/E42#F;7E4-01#-1#79# -0E4;41EJ# # # '@4#1-C-3/;-E-41#1440#B4E5440#E@ 414#E57#84041#5/;;/0E#9H;E@4;#-0G41E-8/E-70# 79#E@4#7;-8-0#79#&726J#'57#F7E40E-/3#/G40H41#97;#9H;E@4;#1EH2.#/;4#-0G41E-8/E-70#-0E7# D7270#H1/84#-0#E@4#&72#84041#/02#/#1D;440-08#97;#F7E40E-/3#/;4/1#79#;4D7CB-0/E-70# -0#E@414#84041J#(E#5/1#F;4G-7H13.#1@750#E@/E #Vf6#D70E40E#79#E@4#&72#84041#5/1# @-8@4;#E@/0#E@4#/G4;/84#Vf6#D70E40E#79#E@4#40E-;4#B/DE4;-/3#8407C4#MV/3-B4;E#4E#/3J<# =>>?U#O-;1D@#4E#/3J<#=>>?NJ#%0#-0G41E-8/E-70#-0E7#5@4E@4;#D7270#H1/84#-0#E@4#&72# 84041#-1#/1#57H32#B4#4IF4DE42#97;#/#B/DE4;-/3#1F4D-41#7; #-1#C7;4#1-C-3/;#E7#H1/84#-0# /07E@4;#E/I707C-D#8;7HF#D7H32#F;7G-24#4G-240D4#97;#E@4#7;-8-0#79#E@4#&72#84041J# %317<#14/;D@-08#97;#F7E40E-/3#F7-0E1#79#;4D7CB-0/E-70#57H32#B4#@43F9H3#-0# 24E4;C-0-08#5@4E@4;#7;#07E#3/E4;/3#8404#E;/0194;#-1#;41F701-B34#97;#E@4#/ DPH-1-E-70#79# E@414#84041#-9#E@4.#/;4#-02442#9;7C#/#17H;D4#7HE1-24#79#E@4#B/DE4;-/J#(240E-9-D/E-70#79# E;/01F71701#5-E@-0#E@4#B/DE4;-/3#8407C4<#F/;E-DH3/;3.<#;4E;7G-;/3#E;/01F71701#

PAGE 131

# ?== # 37D/E42#04/;#E@4#072#84041#57H32#F;7G-24#4IF4;-C40E/3#1HFF7;E#97;#3/E4;/3#84 04# E;/0194;#79#E@4#072#84041#9;7C#E@4#4HK/;.7E-D#C.D7;;@-A/4#E7#E@4#F;7K/;.7E-D# ;@-A7B-/J #

PAGE 132

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c0E-3#;4D40E3.#E@4#-CF7;E/0D4#1.CB-70E1#F3/.#-0#4D71.1E4C1#5/1#4-E@4;#07E# ;4D780-A42#7;#07E#H024;1E772J#n-E@#B7E@#1.CB-70E1#/117D-/E-08#5-E@#F3/0E1#-0#1HD@# /#5-24#8478;/F@-D/3#;/084#E@4#-CF3-D/E-701#79#1.CB-70E1#2;-G-08#F3/0E#D7CCH0-E.# 1E;HDEH;4#D7H3 2#@/G4#57;325-24#;434G/0D4#/1#2-1DH1142#-0#D@/FE4;#?J#'@4#E@;44#C/-0# C4D@/0-1C1#B.#5@-D@#1.CB-70E1#/;4#/B34#E7#4994DE#1HDD411-70#/;4#E@;7H8@#H04PH/3# F/;E-E-70-08#79#0HE;-40E1<#D@/0841#-0#D7CCH0-E.#1E;HDEH;4#;41H3E-08#-0#F71-E-G4#7;#

PAGE 133

# ?=[ # 048/E-G4#9442B/DK1<#7;#G -/#D7CC70#C.D43-/3#04E57;K1#M G/0#24;#O4-2T40#/02# )/024;1<#=>>=U# !4G4;#4E#/3J<#=>?>NJ# # # :H;E@4;#1EH2-41#C/K-08#H14#79#0/EH;/3#4D71.1E4C1#/;4#5/;;/0E42#-0#E@4#1EH2.# 79#E@4#4D7378-D/3#;7341#79#1.CB-70E1<#1-0D4#F;4G-7H1#1EH2-41#@/G4#B440#D;-E-D-A42#97;# ;43.-08 #E77#@4/G-3.#HF70#F7E#/02y7;#8;440@7H14#4IF4;-C40E1# MgH3C/E-1K-#/02# g/;273<#=>>]U#O/;;-170#/02#!/;284EE<#=>?>N J#'@4#3/EE4;#1EH2-41#/;4#-CF7;E/0E#/02# @/G4#3/-2#E@4#8;7H0257;K#97;#/0#H024;1E/02-08#79#E@4#-0E4;/DE-701#B4E5440#F3/0E1# /02#1.CB-70E1J#X0#E@4#7E@4 ;#@/02<#-0#4C4;8-08#1EH2-41<#2-994;40E#;41H3E1#/;4#B4-08# 7BE/-042#9;7C#1EH2-41#-0#1F4D-9-D#4D71.1E4C1#D7CF/;42#5-E@#F7EE42#1EH2-41#E@/E# 54;4#241-8042#E7#-C-E/E4#E@414#4D71.1E4C1J#6/;;.-08#7HE#4IF4;-C40E1#-0#E@4#9-432# H1-08#E;/F#F3/0E1#7;#-0#9-432#F37E1#57H 32#B4#/0#-CF;7G4C40E#HF70# F7EE42y8;440@7H14#4IF4;-C40E1#/1#E@414#/DD7H0E#97;#D702-E-701#E@/E#D/007E#B4# ;4F3-D/E42#H024;#070 L 0/EH;/3#D702-E-701# M!3/0E70<#=>>=U#gH3C/E-1K-#/02#g/;273<# =>>]U#O/;;-170#/02#!/;284EE<#=>?>N J # J8A!F=,1:&-:#!.:+%0(:%+ # '@4#D7CC70#HE -3-A/E-70#79#E@4#).C#1-80/3-08#F/E@5/.#B.#B7E@#;@-A7B-/#/02# C.D7;;@-A/4#-1#-0E4;41E-08#9;7C#/#G/;-4E.#79#1E/02F7-0E1J#,G73HE-70/;-3.<#E@-1# 1-80/3-08#F/E@5/.#5/1#F;7B/B3.#HE-3-A42#B.#/;BH1DH3/;#C.D7;;@-A/#M%RN#4/;3.#70#-0# E@4-;#/117D-/E-701#5-E@#3/02#F3/0E1 J#'@-1#-02-D/E41#E@/E#C.D7;;@-A/3#H14#79#E@-1# F/E@5/.#C/.#@/G4#3/-2#E@4#8;7H0257;K#97;#7E@4;#1.CB-70E1#C/K-08#H14#79#E@-1# F/E@5/.<#0/C43.#E@4#;@-A7B-/J#:;7C#/#G-45F7-0E#97DH142#17343.#HF70#E@4#1-80/3-08# C4D@/0-1C1<#E@-1#F/E@5/.#-1#4ID-E-08#/1#B7E@#1.CB-70E 1#/;4#D/F/B34#79#43-D-E-08#E@4#

PAGE 134

# ?=Y # E;/01D;-FE-70#79#14F/;/E4#8404E-D#F;78;/C1#M5-E@#7G4;3/F#-0#E;/01D;-FE-70#79#E@4#).C# 84041N#27501E;4/C#79#E@-1#F/E@5/.#5@-34#4CF37.-08#E@4#1/C4#1-80/3-08#C734DH341# M+HC#/02#O-;1D@<#=>>WU#g71HE/#4E#/3J<#=>>]U#R/;KC/00#4E#/3J<# =>>]U#`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

PAGE 135

# ?=\ # 7;8/0784041-1<#/;4#075#B43-4G42#E7#@/G4#B440#-240E-9-42J#%07E@4;#E/;84E #97;#9HEH;4# ;414/;D@#-1#E@4#43HD-2/E-70#79#@75#4/D@#79#E@414#F;7E4-01#/DEJ#%1#5/1#-33H1E;/E42#-0# D@/FE4;#W<#4G40#E@4#B/1-D#C4D@/0-1C1#B.#5@-D@#C/0.#79#E@414#F;7E4-01#/DE#@/G4#.4E# E7#B4#24E4;C-042J#R7;4#2-99-DH3E#-11H41<#1HD@#/1#/#F7E40E-/3#2-994;40E-/3#/DE -G/E-70#79# E@4#G/;-7H1#1-80/3-08#C734DH341<#1@7H32#B4#-0G41E-8/E42#/1#5433J#X04#D;-E-D-1C#79# DH;;40E#C.D7;;@-A/3#;414/;D@#-1#E@/E#-E#@/1#B440#@4/G-3.#97DH142#HF70#E57#9H08/3# 1F4D-41<# 8.%('12(%11*-* #/02# 8.%('12#5)4-4-6#,*1 J#X0#E@4#1F4DE;HC#79#@71E L 1F4D-9-DE.<#E@414#E57#1F4D-41#/;4#17C4#79#E@4#B;7/241E#79#E@4#9H08-J#'@-1#9/DE#/33751# E@4C#E7#B4#C7;4#4/1-3.#8;750#-0#3/B#D702-E-701#/02#E@H1#4/1-4;#E7#57;K#5-E@J# O754G4;<#E@-1#/317#D/H141#7H;#G-45#79#C.D7;;@-A/3#9H08-#E7#B4#B-/142#E75/;2#9H08-# 5-E@#/0#4IE;4C43.#B ;7/2#@71E L 1F4D-9-D-E.J#:H;E@4;#;414/;D@#1@7H32#B4#D/;;-42#7HE# HF70#/#5-24;#;/084#79#C.D7;;@-A/3#9H08-J# # J8D!Q)%)-:#!&6:+:%.!&2!64:;&1:0(!C.)!&2!-4)!F=,!50-4'0= '57#/3E4;/E-701#54;4#04D411/;.#97;#B/DE4;-/3#H14#79#E@4#).C#1-80/3-08# F/E@5/.<#/1#24E/-342#-0#D @/FE4;#[J#'@4#9-;1E#5/1#F3/0E#/DD7CC72/E-70#79#E@4# B/DE4;-/3#1.CB-70E1#Mg-1E04;#/02#`/;0-1K4<#=>>=U#`/;0-1K4<#=>>]NJ#'@4#G/;-/B-3-E.# 1440#-0#E@4#4IE;/D433H3/;#27C/-01#79#)"R$g#/1#5433#/1#E@4#/B-3-E.#79#;@-A7B-/3# B/DE4;-/#E7#/117D-/E4#4ID3H1-G43.#5-E@#F3/0E 1#D70E/-0-08#/#37084;#G4;1-70#79#)"R$g# 1H8841E#E@/E#3408E@40-08#79#E@4#)"R$g#4IE;/D433H3/;#27C/-0#5/1#04D411/;.#E7# /DD7CC72/E4#;@-A7B-/#MR/;KC/00#4E#/3J<#=>>]NJ# # # '@4#14D702#04D411/;.#4G40E#5/1#E@4#/DPH-1-E-70#7;#24G437FC40E#79#/# 1-80/3-08#C734DH34#E@/E#-1 #;4D780-A42#B.#E@4#@71EU#-0#;@-A7B-/#E@-1#C734DH34#-1#D7242#

PAGE 136

# ?=^ # 97;#B.#E@4#072#84041J#'@4#7;-8-01#79#E@4#072#84041#/;4#1E-33#07E#40E-;433.#D34/;<# @754G4;<#17C4#1D-40E-1E1#@/G4#1H8841E42#E@/E#E@4#072#84041#D7H32#@/G4#9H08/3# 7;-8-01#MO-;1D@#4E#/3J<#=>>?N<#E@/E#1#E7#1/.#E@/E#E@4.#54;4#/DPH-;42#B.#B/DE4;-/# E@;7H8@#/#3/E4;/3#8404#E;/0194;#4G40EJ#(02442<#1F;4/2#79#E@4#&72#84041#E@;7H8@#E@4# B;7/2#;/084#79#B/DE4;-/#E@4.#/;4#1440#-0#E72/.#C71E#3-K43.#7DDH;;42#2H4#E7#3/E4;/3# 8404#E;/0194;#M)H33-G/0#/02#$70170<#?ZZ]U#:-0 /0<#=>>=NJ#'@-1#5/1#24C701E;/E42# E@;7H8@#E@4#E;/0194;#79#/#Y>>#KB#1.CB-71-1#-13/02#B4E5440#1.CB-7E-D#/02#070 L 1.CB-7E-D#B/DE4;-/<#5@-D@#-1#/24PH/E4#E7#-02HD4#;4D780-E-70#79#E@4#B/DE4;-/#/1#/# 1.CB-70E#M)H33-G/0#/02#$70170<#?ZZ]U#:-0/0<#=>>=NJ#'@4#Vf6#D70E40E #79#E@4#072# 84041#-1#1-80-9-D/0E3.#3754;#E@/0#E@4#Vf6#/G4;/84#-0#;@-B7B-/3#B/DE4;-/#-02-D/E-08# E@4.#D7H32#@/G4#/0#7;-8-0#7HE1-24#79#E@4#;@-A7B-/3#B/DE4;-/#MV/3-B4;E#4E#/3J<#=>>?NJ# `;4G-7H13.#1-C-3/;-E.#B4E5440#&726#/02#/#9H08/3#D@-E-0#1.0E@/14#5/1#;4F7;E42 <# @754G4;<#E@-1#/FF4/;1#E7#07E#@/G4#B440#-0G41E-8/E42#-0#24E/-3J#$@-A7B-/3#&7261#54;4# F;4G-7H13.#D7CF/;42#E7#/#G/;-4E.#79#2-994;40E#F7E40E-/3#7;E@7378H41#M%EK-0170#/02# +708<#?ZZ=NJ#V37B/3#14PH40D4#1-C-3/;-E.#B4E5440#E@4#&7261#/02#F7E40E-/3# 7;E@7378H41#-0#/ #G/;-4E.#79#7E@4;#14PH40D41#54;4#E41E42J#O-8@#1-C-3/;-E.#5/1#1440# B4E5440#D@-E-0#1.0E@/141#9;7C# 9-,,"-4%(/,*12,*4*:#1#-* <#/#.4/1E#M%EK-0170#/02# +708<#?ZZ=NJ # # #'@4#DH;;40E#/0/3.1-1#97DH142#1F4D-9-D/33.#HF70#-240E-9.-08#/02#4G/3H/E-08# F7E40E-/3#7;E@7378H41#7 9#&726#-0#E@4#%R#9H08-J#!/142#HF70#/0#-0-E-/3#/0/3.1-1#97;#E@4# F7E40E-/3#79#/#9H08/3#7;-8-0#79#E@4#&72#84041<#9H;E@4;#;414/;D@#-0E7#E@-1#1HBT4DE#-1# 5/;;/0E42J#)-C-3/;-E-41#54;4#2;/50#B4E5440#E@4#&726#8404#/02#9H08/3#D@-E-0# 1.0E@/141J#'@-1#/0/3.1-1#540E#/#1 E4F#9H;E@4;#E@/0#F;4G-7H1#/0/3.1-1#B.#G4;-9.-08#E@4#

PAGE 137

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

PAGE 138

# ?=Z # # '@4#/;BH1DH3/;#C.D7;;@-A/3#/117D-/E-701#3-K43.#F/G42#E@4#5/.#97;#9H;E@4;# 1.CB-7E-D#/117D-/E-701<#0/C43.#;@-A7B-/J#'@414#1.CB-70E1#9-;1E#C/24#H14#79#E@4#).C# F/E@5/.#/02#E@4#9-E0411#D7094;;42#E7#E@4#F3/0E1#E@;7H8@#E@-1#;43/E-701@-F#/11H;42# G4;E-D/3#E;/0194; #79#E@4#).C#84041#E@H1#D70D4-G/B3.#F/G-08#E@4#5/.#97;#E@4#H1/84#79# E@-1#F/E@5/.#B.#;@-A7B-/J#$@-A7B-/3#/DE-G/E-70#79#E@4#).C#F/E@5/.#-1#24F40240E# HF70#&72#9/DE7;#14D;4E-70J#'@4#072#84041#/;4#E@4#K4.#E7#E@4#H1/84#79#E@-1#F/E@5/.<# @754G4;<#E@4-;#7;-8-01#/;4# 1E-33#/#C.1E4;.J#%#D7CFHE/E-70/3#/0/3.1-1#D/;;-42#7HE#-0# E@-1#E@41-1#07E42#@-8@#1-C-3/;-E.#B4E5440#&726#/02#14G4;/3#D@-E-0#1.0E@/141#9;7C# %R#9H08-J#%#14D702/;.#D3H1E/3#/3-80C40E#;4G4/342#/3-80C40E#D7014;G/E-70#B4E5440# E@4#&726#F;7E4-0#/02#9H08/3#D@-E-0#1.0 E@/141#-0#/#9H0DE-70/33.#1-80-9-D/0E<#F;42-DE42# 3-8/02 L B-02-08#27C/-0J#'@7H8@#E@-1#D7014;G42#27C/-0#B437081#E7#/#C7;4#HB-PH-E7H1# D@-E-0#1.0E@/14#27C/-0<#E@-1#1E-33#5/;;/0E1#9H;E@4;#-0G41E-8/E-70#-0E7#E@4#7;-8-01#79# E@4#&72#84041#E@;7H8@#/0#/0/3.1-1#79#D727 0#H1/84#-0#E@4#&72#84041#/02#E@;7H8@#/0# /0/3.1-1#79#F7E40E-/3#F7-0E1#79#;4D7CB-0/E-70#-0#E@4#&72#84041J#'@-1#1@7H32#1@42# C7;4#3-8@E#HF70#E@4#4G73HE-70/;.#7;-8-01#79#E@414#84041#/02#D3/;-9.#E@4#;@-A7B-/3#H14# 79#E@-1#D7CC70#1-80/3-08#F/E@5/.J # # # #

PAGE 139

# ?W> # "55)%*:B> # "116)@:0-:&%. # %Re#%;BH1DH3/;#R.D7;;@-A/ # !+%)'e#!/1-D#+7D/3#%3-80C40E#)4/;D@#'773 # !+X)cRe#!37DK#)HB1E-EHE-70#R/E;-I # !$e#B;/11-071E4;7-2 # 66/Rge#6/3D-HCy6/3C72H3-0 L 24F402/0E#K-0/14 # 66)Y=e#6433#D.D34#15-ED@#Y= *R(e#*7410aE#R/K4#(094DE-701 # ,Re#,DE7C.D7;;@-A/ # ,&X*e#,/;3.#072H3-0 # ,$&e# ,$:#$4PH-;42#97;#&72H3/E-70 # V%e#8-BB4;433-0 # (')e#(094DE-70#E@;4/2#1.CB-71-1 # R"6e#R.D7;;@-A/3 # &:`e#&72#9/DE7;#F4;D4FE-70 # &:$e#&72#9/DE7;#;4D4FE7; # &(& e#&72H34#-0D4FE-70 # &X*e#&72H3/E-70 # &)`e#&HD34/;#1@HEE34#F;7E4-01 # &c`e#&HD34/;#F7;4# F;7E4-0 # `%Re# `4;D40E/84#79#%DD4FE/B34#F7-0E#RHE/E-701#F4;#?> ] #.4/;1 # `+6e#`@71F@73-F/14#6 # `+*e#`@71F@73-F/14#* # `73. L `e#`73.F@71F@/E4 # ``%e#`;4 L F404E;/E-70#%FF/;/EH1 # )"Re#).CB-70E # 109?e#1F70E/047H1#072H34#97;C/E-70 # '($?e#';/01F7;E#-0@-B-E7;#;41F7014 # E9e#E;/01 D;-FE-70#9/DE7; # #

PAGE 140

# ?W? # 9)2)6)%#).> # # %K-./C/#gJ<#R/E1HA/K-#gJ#/02#O/./1@-#OJ#=>>YJ#`3/0E#141PH-E4;F4041#-02HD4#@.F@/3# B;/0D@-08#-0#/;BH1DH3/;#C.D7;;@-A/3#9H08-J# N-)'4*L # [WY e#]=[ t ]=^J# # # %3B;4D@E#6J<#V4H;E1#$J<#+/F4.;-4#:J<#/02#!-1143-08#'J #?ZZ]J#,027C.D7;;@-A/4# /02# ;@-A7B-/3#&72#9/DE7;1#B7E@#;4PH-;4# 9/(O #E7#-02HD4#E@4#4IF;411-70#79#E@4#4/;3.# 072H3-0#84041# C1+N@EP #/02# C1+N@EQRD J# C.-5)2SL # ?Y e#\>Y L \?[J # %3B;4D@E#6J <#V4H;E1#$J#/02#!-1143-08#$J#?ZZZJ# +48 HC4#072H3/E-70#/02# C.D7;;@-A/4# 97;C/E-70U#E57#4IE;4C41#-0#@71E#1F4D-9-D-E.#C44E J# F"*2+7;@2S%'45-. J#?]e#=]? t =]]J # # %3E1D@H3#)J:J<#V-1@#nJ<#R-334;#nJ<#R.4;1#,JnJ#/02#+-FC/0#*J_J#?ZZ>#{!/1-D#37D/3# /3-80C40E#14/;D@#E773J{# SL27%.L2;#%.L #=?Ye#[>W L [?>J # %3340#,J!J #/02#%3340#RJ:J#?Z][J#67CF4E-E-70#B4E5440#F3/0E1#79#2-994;40E#1HDD411-70/3# 1E/841e#C.D7;;@-A/4#/1#;48H3/E7;1J# ?-5-6#-52SL2%=2;%) J# \= e#=\=Y t =\=ZJ # %C7;#!J!J< #)@/5#)J+J<#X32;7.2#VJ,J<#R/-334E#:J<#`40C4E1/#$JbJ<#677K#*J<#+708#)J$J<# *40/;-4#_J#/02#V7H8@#6J #=>>W J#'@4#&:`#37DH1#79#C42-D/87#E;H0D/EH3H#D70E;731#/0# 4/;3.#1E4F#79#&72#9/DE7;#1-80/3#E;/012HDE-70#HF1E;4/C#79#/#;/F-2#D/3D-HC#93HA#/02#;7D# @/-;#2497;C/E-70J# C.-5)2SL #W[e#[ZY L Y>\J # # %024;1170#_JXJ#=>>YJ# +/E4;/3#8404#E;/0194;#-0#4HK/;.7E41 J # ?7H9I2?*..L27%.L2H#= *29,#L #\=e# ??]= t ??Z^J # # %02;-/0K/T/#%<#!7-1170 L *4;0-4;#%<#:;/0D41#+<#)/HG-/D#+<#_/H04/H#%< #!/;K4; #*JVJ #/02# 24#6/;G/3@7 L &-4B43 #:J# =>>^J#%`= L ,$:#E;/01D;-FE-70#9/DE7;1#C42-/E4#&72#9/DE7; L 24F40240E# 7)+N@EQQ #/DE-G/E-70#-0#;77E#@/-;1#G-/#/#07G43#D-1 L ;48H3/E7;.#C7 E-9J# C.-5)2 ?*..L #?Ze=]\\ t =]]YJ # # %04#_JRJ<#g-11#VJ!J<#$-43.#!JgJ<#`40C4E1/#$JbJ<#X32;7.2#VJ,J*J<#%./I#6J<#+4G.#_J<#*4B4334# :J<#!/4K#_JRJ<#g/37#`J<#$7140B4;8#6J<#$74#!J%J<#+708#)J$J<#*40/;-4#_J<#677K#*J$J#=>>[J# 7*6#,-3%2)4'5,-)'.# E7MQ #;4PH-;42#97;#B/DE4;-/3 #/02#9H08/3#1.CB-7141#-0#348HC41J# 9,#*5,* #W>We#?W\[ t ?W\^J # %FF34B.#6J%J#+48@/4C7837B-0J#(0e#M421J#uH-1F43#%JN#'@4#B-7378.#79#0-E;7840#9-I/E-70J# &7;E@#O733/02#`HB3-1@-08#67J<#%C4;-D/0#,314G-4;<#FFJ#Y=? L YY[J # # %1/C-AH#,J<#)@-C72/#"J<#g7HD@-#OJ<#'/B/E/#)J<#/02# )/E7#)J#=>>]J#%#F71-E-G4#;48H3/E7;.# ;734#97;# HK+!TQ #-0#E@4#072H3/E-70#F;7D411#-1#;4G4/342#B.#1.1E4C/E-D#/0/3.1-1#79# 072H34 L /117D-/E42#E;/01D;-FE-70#9/DE7;1#79# H%)'12K-0%5#,-1 J# C.-5)2C"/1#%.L # ?[^ e#=>W> t =>[>J # # %EK-0170# ,JRJ#/02# +708# )J$J#?ZZ=J#O7C7378.#79# !" #$%&#'(2(*.#.%)# #&726#E7# `37.1/DD@/;-24#`73.C4;-A-08#,0A.C41J# 7%.L2C.-5) U 7#,4%&*2M5L2 YMYNe#[WZ L [[=J #

PAGE 141

# ?W= # !/341E;-0-#$J#/02#+/09;/0D7#+J#=>>\J#:H08/3#/02#F3/0E#8404#4IF;411-70#-0#/;BH1DH3/;# C.D7;;@-A/3#1.CB-71-1J# 7/,%44"#$#?\e#Y>Z t Y=[J # # !/;04EE#RJ_J#/02#:-1@4;# $J:J#=>>\J#V37B/3#8404#4IF;411-70#-0#E@4#;@-A7B-/3# t 348HC4# 1.CB-71-1J# 9/(&#%1#1 #[=e#? L =[J # # !rD/;2# VJ<#*7H21#*J*J#/02#`94994;#`J,J #?ZZ=J#,IE401-G4# #52:#)4% #@.F@/3#8;75E@#79# G41-DH3/; L /;BH1DH3/;#C.D7;;@-A/3#9H08-#-0#E@4#F;4140D4#79#6X = #/02#93/G70731J# D00.L2 + 5:#4%5L27#,4%&#%.L #Y]e#]=? t ]=Y # # !rD/;2#VJ#/02#`94994;#`J,J#?ZZWJ#)E/EH1#79#0HD34/;#2-G-1-70#-0#/;BH1DH3/;#C.D7;;@-A/3# 9H08-#2H;-08# #52:#)4% #24G437FC40EJ# C4%)%0.-1(-L # ^[e #\= L \]J # # # !rD/;2#VJ#?ZZYJ#:3/G707-21#/;4#07E#04D411/;.#F3/0E#1-80/3#D7CF7H021#-0#/;BH1D H3/;# C.D7;;@-A/3#1.CB-7141<# 7%.L2C.-5) U 7#,4%&*2M5L # ] e#=Y= t =Y]J # # !4870#RJ<#'7501402#6J$J#/02#O/;F4;#_J+J#=>>\J# +,%.%3/V2T4%(2M56#:#6'-.12)%2 +,%1/1)*(1 J#!3/DK5433#`HB3-1@-08<#XI97;2J # !48HC#%J%J<#+4-B7G-ED@#)J<#R-804;#`J<#/02#z@/08<#:J#M=>>?N#)F4D-9-D#93/G707 -21# -02HD42# 5%6 #8404#4IF;411-70#/02#F;4 L /DE-G/E42# 5%6 #84041#79# !"#$%&#'(2 .*3'(#5%1-4'( #-0D;4/142#F4/#M C#1'(21-)#:'( #+JN#/02#340E-3#M H*512,'.#5-4#1 #+JN# 072H3/E-70#-0#D70E;73342#8;75E@#D@/CB4;#40G-;70C40E1J# SL2+A0L2;%)L # Y= e#?YW^ t ?Y[WJ # !433#' J<#:;4DK34E70#$J# /02#+45-1 #XJ#=>>\J#`3/0E#F/E@78401#2;-G4#2401-E. L 24F40240E# 14423-08#C7;E/3-E.#-0#/#E;7F-D/3#E;44J # +,%.L2H*))L 2 Ze#Y\Z t Y^[J # # !4114;4;#%J<#`H4D@ L `/8|1#bJ<#g-494;#`<#V7C4A L $732/0#bJ<#_/H04/H#%<# $7. #)J <#`7;E/-1#_ L 6J<#$7HI#6J<#!rD/;2#VJ#/02#)rT/370 L *43C/1#& J# =>> \#)E;-873/DE7041#)E-CH3/E4# %;BH1DH3/;#R.D7;;@-A/3#:H08-#B.#%DE-G/E-08#R-E7D@702;-/J# CH%92;#%.L #[M^Ne#4==\J # # # !4G4;#_J*J#<#n41E7G4;#gJRJ<#%0E707G-D1#_J#?ZZ^J#(0D7;F7;/E-08#E@4#17-3#D7CCH0-E.# -0E7#F3/0E#F7FH3/E-70#2.0/C-D1e#E@4#HE-3-E.#79#E@4#9442B/DK#/FF;7/ D@J# SL2+,%.L # ]Y e# Y\? t Y^WJ# # !4G4;#_J#*J#=>>=J&48/E-G4#9442B/DK#5-E@-0#/#CHEH/3-1Ce#@71E L 1F4D-9-D#8;75E@#79# C.D7;;@-A/3#9H08-#;42HD41#F3/0E#B4049-EJ# C4%,L2!L29%,L2H%56L2;L # =\Z e#=YZY t =\>?J # # !4G4;#_J*J<#*-DK-4#(J%J<#:/D433-#,J<#:/D433-#_JRJ<#g3-;707C71#_J<#R77 ;/#RJ<#$-33-8#RJ6J<#)E7DK# nJ*J<#'-BB4EE#RJ#/02#z7B43#RJ#=>?>J# $77E-08#E@47;-41#79#F3/0E#D7CCH0-E.#4D7378.#-0# C-D;7B-/3#-0E4;/DE-701J# F4*5612#52+,%L2W2+:% L 2 =YM] Ne#[\] L [^]J # # !-/0D-7EE7# bJ##/02#!709/0E4#`J#?ZZWJ#,G-240D4#79#*&%#;4F3-D/E-70#-0#/0#/;BH1DH3/;# C.D7;;@-A/3#9H08H1#-0#E@4#/B140D4#79#E@4#@71E#F3/0EJ# C4%)%0.-1(# ^\e# ?>> L ?>YJ # !3/0E70#)J#=>>=J# 7/,%44"#$-.2?%.%5#$-)#%5 J#!J%J#'@41-1J#&45#6733484#79#:37;-2/e#c)%J #

PAGE 142

# ?WW # !73/071 L b/1PH4A#RJ6J#/ 02#n4;04;#*J#?ZZ^#,994DE1#79# !"#$%&#'(2)4%0#,#I2!L2*).#I #/02# !L2 .*3'(#5%1-4'( #BGJ# 0"-1*%.# #70# 5%6 #8404 L -02HD-08#93/G707-21#-0#;77E#4IH2/E41#79# C"-1*%.'12:'.3-4#1 J# 7%.L2C.-5) U 7#,4%&*2M5L2 ?> e#WWZ t W[\J # !70K751K-#RJ#=>>[J#`;7E7A7/#/02#F3/0E#8;75E@e#E@4#C-D;7B/3#377F#-0#17-3#;4G-1-E42J# N*J2C"/)%.%3#1) # ?\= e#\?^ t \W?J # # !7;-17G#%J"J<#R/2140#+JOJ<#'1.8/07G#bJ,J<#cC4@/;/#"J<#b7;71@-37G/#bJ%J<#!/E/87G#%JXJ<# )/02/3#&J<#R7;E40140#%J<#)D@/H14;#+J<#,33-1#&J<#'-K@707G-D@#(J%J#/02#)E7H8//;2#_J#=>>WJ# '@4# 9/(XP #8404#;4PH-;42# 97;#;77E#072H34#24G437FC40E#-0#F4/#-1#/0#7;E@7378#79#&-0# 9;7C# H%)'12K-0%5#,'1 J# C.-5)2C"/1#%.L # ?W? e#?>>Z t ?>?^J # # !;4H0-084;#RJ#/02#$4PH40/#&J#=>>[J#$4D780-E-70#4G40E1#-0#%R#1.CB-71-1e#/0/3.1-1# 79#9H08/3#8404#4IF;411-70#/E#E@4#4/;3.#/FF;4117;-HC#1E/84J# T'53-. 28*5*)L2;#%.L #[?e# ^Z[ t ]>[J # !;H07#_J#:J<#)E/D@75-DA#_J_J<#/02#!4;E0411#RJ#*J#=>>WJ#(0D3H1-70#79#9/D-3-E/E-70#-0E7# 4D7378-D/3#E@47;.J# F4*5612#52+,%L2-562+:%L # ?] e#??Z t ?=YJ# # !H44#RJ<#$711-8073#RJ<#_/H04/H#%J<#$/0T4G/#$J<#!4D/;2#VJ#=>>>J#'@4#F;4 L 1.CB-7E-D# 8;75E @#79#/;BH1DH3/;#C.D7;;@-A/3#9H08-#-1#-02HD42#B.#/#B;/0D@-08#9/DE7;#F/;E-/33.# FH;-9-42#9;7C#F3/0E#;77E#4IH2/E41J# 7%.L2C.-5) U 7#,4%&*2M5L2 ?We#\ZW t \Z]J# # 6/4E/07 L %0733r1<#VJ<#n/33#+J<#*4#R-D@43-#%J<#R/DD@-#,J<#!/H4;#nJ*J#/02#:/G43HK41#VJJ# ?Z]]J# $734#79#R7E-3-E. #/02#6@4C7E/I-1#-0#,99-D-40D.#79#&72H3/E-70#B.# $@-A7B-HC# C43-37EJ# C.-5)2C"/1#%.%3/ J#]\e#?==] L ?=WYJ # # 6/4E/07 L %0733r1 #VJ<#6;-1E L ,1E41#VJgJ#/02# !/H4;#nJ*J #?Z]]J#6@4C7E/I-1 # 79 # $@-A7B-HC # C43-37E# E7 # E@4 # `3/0E # :3/G704 # +HE473-0 # $4PH-;41 # :H0DE-70/3 # &72H3/E-70 # V40 41J# SL2%=2 ;-,)*4#%.%3/ J#?^>e#W?\[ L W?\ZJ # # # 6/F740#nJ#/02#X32;7.2#VJ#=>>]J#O75#6"6+X`)#K44F1#/0#4.4#70#F3/0E#1.CB-71-1J# C4%,L2N-).L2D,-6L29,#L2YL9LDL #?>Ye#=>>YW t =>>Y[J # 6/11-2.#bJR J#=>>^J#O40;.#6@/0234;#675341e#`-7044;#4D7378-1EJ# g42A-4#`;411<#)4/EE34J # # 6/E41 #$JVJ#/02#X;-/01#VJOJ#?Z^YJ#)HDD411-70/3#1E/EH1#/02#E@4#F/3/E/B-3-E.#79#F3/0E1#E7# 8404;/3-A42#@4;B-G7;41J# +,%.%3/ #Y\e#[?> L [?]J # # 6/E7-;/#$J<#V/34;/#6J<#24#!-33.#:J<#`40C4E1/#$JbJ<#_7H;04E#,J`J<#R/-334E#:J<#$7140B4;8#6J<# 677K#*J<#V7H8@#6J<#/02#*40/;-4#_J#=>> >J#:7H;#84041#79# 7*6#,-3%2)4'5,-)'.# D70E;733-08#D7CF7040E1#79#/#072#9/DE7;#E;/012HDE-70#F/E@5/.J# C.-5)2?*..L #?=e#?\[^ L ?\\\J # # 64B733/#%<#b-0/;2433#_R<#g-11#,<#X3/@#!<#$7H2-4;#:<# g7027;71#%J #/02#g7027;71#, J# ?ZZZJ#'@4#C-E7E-D#-0@-B-E7; # DD1Y=#-1#;4PH-;42#97 ;#4027;42HF3-D/E-70#/02#F37-2. L 24F40240E#D433#403/;84C40E#-0#F3/0E1J # +7;@2S J # ?]e#[[^\ t [[][ #J #

PAGE 143

# ?W[ # # 6@/B/H2#RJ<#b40/;2#6J<#*49/HI L `4E;/1#%J<#!rD/;2#VJ#/02#!/;K4;#*JVJ#=>>=J#'/;84E42# -07DH3/E-70#79# 7*6#,-3%2)4'5,-)'.-2#52:#)4% #;77E#DH3EH;41#;4G4/31# 7)+N@EQQ # 4IF;4 11-70#2H;-08#4/;3.#1E/841#79#-094DE-70#B.#/;BH1DH3/;#C.D7;;@-A/3#9H08-J# N*J2 C"/)%.L #?Y\e # =\Y t =^WJ # # 6@/;70#6J<#_7@/01170#6J<#g7027;71-#,J<#g7027;71-#%J<#/02#6;41F-#RJ#?ZZ^J#,072[># -02HD41 # 242-994;40E-/E-70#/02#2-G-1-70#79#;77E#D7;E-D/3#D4331#-0#348HC41J # C4% ,L2N-).L2 D,-6L29,#L2Y9DL # Z[e#]Z>? t ]Z>\ # # # 6@/;70#6<#)7H1/#6<#6;41F-#R<#/02#g7027;71-#%J#?ZZZJ#%3E4;/E-70#79#4072[># 4IF;411-70 # # C72-o41 # R42-D/87#E;H0D/EH3/ # ;77E#072H34#24G437FC40E#-02HD42#B. # )-07;@-A7B-HC# C43-37E-J # C.-5)2?*..L 2 ??e#?ZYW t ?Z\\J # # 6@/;F40E-4;<#RJ<#!;424C4-4;<#$J<#n/004;<#VJ<#'/K42/<#&J<#)D@34-99<#,J#/02#`/;0-1K4<#RJ# =>>]J# H%)'12K-0%5#,'1 #6%)'X$#/02#`X++cd#/;4#-70#D@/004 31#41140E-/3#97;# F4;-0HD34/;#D/3D-HC#1F-K-08#-0#348HC4#;77E#40271.CB-71-1J# C.-5)2?*.. J# => e#W[\^ t W[^ZJ # # 6@-7H<#'J_J<#+-H<#OJ#/02#O/;;-170<#RJ#_J#=>>?J#'@4#1F/E-/3#4IF;411-70#F/EE4;01#79#/# F@71F@/E4#E;/01F7;E4;#MRE`'?N#9;7C# 7*6#,-3%2)4'5,-)'.#-02-D/E4#/#;73 4#-0# F@71F@/E4#E;/01F7;E#/E#E@4#;77Ey17-3#-0E4;9/D4J# F"*2C.-5)2S%'45-.L2 =Ye # =]? t =ZWJ# # 634C40E1<#:J#,J#?Z?\J#`3/0E#)HDD411-70e#/0#/0/3.1-1#79#E@4#24G437FC40E#79#G484E/E-70J# `HB3-D/E-70#&HCB4;#=[=J#n/1@-08E70e#'@4#6/;048-4#(01E-EHE-70<#FFJ#^= t ^YJ # 67CB-4;#_J` J<#:;H8-4;#:J<#24#!-33.#:J<#!7H/34C#%J<#,3 L "/@./7H-#:J<# R7;4/H #)J<# b4;0-r #'J<# XEE #'J<# V/C/1 #`J<# 6;41F#RJ<#/02# &-4B43 #%J# =>>\J#REO%`= t ?#-1#/#K4.#E;/01D;-FE-70/3# ;48H3/E7;#79#1.C B-7E-D#072H34#24G437FC40E#;48H3/E42#B. # C-D;7$&%?\Z#-0 # R42-D/87# E;H0D/EH3/J # 8*5*12E*: J # =>e#W>][ t W>]] # # # 67;;/2-#&J<#O-T;-#RJ<#:HC/8/33-#+J<#)/024;1#(J$J#=>>[J#%;BH1DH3/;#C.D7;;@-A/3#9H08-# MV37C4;7C.D7E/N#@/;B7H;#/0D-40E#9H08/3#EHBH3-0#84041#E@/E#;414CB34#E@7 14#79#E@4# D@.E;-21#M6@.E;-2-7C.D7E/NJ# T'53L28*5*)L2;#%.L # [? e?>W^ t ?>[YJ # # 6700433#_JOJ#?Z^?J#X0#E@4#;734#79#0/EH;/3#404C-41#-0#F;4G40E-08#D7CF4E-E-G4# 4ID3H1-70#-0#17C4#C/;-04#/0-C/31#/02#-0#;/-0#97;41E#E;441J#(0e#M421J##240#!74;#`J_J#/02# V;/25433#VJ$JN E/5-(# ,12%=2C%0'.-)#%51I #FFJ#=Z] t W?=J # # 6 700433#_JOJ#?Z^YJ#)7C4#C4D@/0-1C1#F;72HD-08#1E;HDEH;4#-0#0/EH;/3#D7CCH0-E-41e#/# C7243#/02#4G-240D4#9;7C#9-432#4IF4;-C40E1J#(0e#M421J#672.#RJ#/02#*-/C702#_JN# ,D7378.#/02#4G73HE-70#79#D7CCH0-E-41 <#O/;G/;2#c0-G4;1-E.#`;411<#F FJ#[\> t [Z>J 2 6700433#_JOJ#/02#+75C/0#RJ*J#?Z]ZJ# +75 L *-G4;1-E.#';7F-D/3#$/-0e#)7C4#`711-B34# R4D@/0-1C1#97;#E@4-;#,I-1E/0D4J# F"*2D(*4#,-52N-)'4-.#1) J #?W[e#]] L ??Z # #

PAGE 144

# ?WY # 6700433#_JOJ#/02#)3/.E4;#$JXJ#?Z^^J#R4D@/0-1C1#79#1HDD411-70#-0#0/EH;/3#D7CCH0-E-41# /02#E@4-;#;7 34#-0#D7CCH0-E.#1E/B-3-E.#/02#7;8/0-A/E-70J# F"*2D(*4#,-52N-)'4-.#1)L2 ???e#???Z L ??[[J # 677F4;#gJ#RJ#/02#'-0K4;#`J#!J#?Z]?J#';/0137D/E-70#/02#E;/0194;#79#0HE;-40E1#-0# G41-DH3/; L /;BH1DH3/;#C.D7;;@-A/1J#(bJ#,994DE#79#40G-;70C40E/3#G/;-/B341#70# C7G4C40E#79#F@71F @7;H1J# N*J2C"/)%.L # ]] e#W=^ t WWZJ # # # 677F4;#_J,J 2 =>>^J#,/;3.#-0E4;/DE-701#B4E5440#348HC41#/02#;@-A7B-/e#2-1D371-08# D7CF34I-E.#-0#/#C734DH3/;#2-/378H4J# SL2D00.L27#,4%&#%.L ?>We#?WYY t \YJ # 675341#OJ6J#?]ZZJ 2 '@4#,D7378-D/3#$43/E-701#79#E@4#b484E/E-70#70#E@4#)/02#*H 041#79# +/K4#R-D@-8/0J# ;%)-5#,-.28-$*))* #=^MYNe#W\? L WZ? # # #675341#OJ6J#?Z?? L2F"*2,-'1*2%=2:*3*)-)#%5-.2,/,.*1L2D55-.12%=2)"*2D11%,#-)#%52%=2 D(*4#,-528*%34-0"*41L2QV2X U RZL # 2 67I#VJ6J#/02#)/024;1#:J,J #?Z^[J#c3E;/1E;HDEH;4#79#E@4#@71E L 9H08H1#-0E4;9/D4#-0#/# G41-D H3/; L /;BH1DH3/;#C.D7;;@-A/J# N*J2C"/)%. J# ^We #Z>? t Z?=J # 6;/-04#_JRJ#=>>YJ#$4D70D-3-08#F3/0E#1E;/E48.#E@47;-41#79#V;-C4#/02#'-3C/0 L2SL2%=2 +,%.%3/L2 ZWe#?>[? L ?>Y=J # 6;/C4;#RJ*J<#G/0#6/HE4;#%J#/02#!702#nJ_J#=>>ZJ#V;75E@#79#&= L 9-I-08#%9;-D/0#1/G/00/# %D/D-/#1F4D-41# -1#D701E;/-042#B.#B4375 L 8;7H02#D7CF4E-E-70#5-E@#8;/11 L2S2+,%. #Z]e# ?Y\ t ?\^ # # */017#)JgJ%J<#!7540#VJ*J<#/02#)/08-08/#&J#?ZZ=J#!-7378-D/3#0-E;7840 L 9-I/E-70#-0#E;441# -0#/8;74D71.1E4C1J# C.-5)29%#.L # ?[? e#?^^ t ?Z\J # # */AA7 <#:J!J#?Z]>J#%217;FE-70#79#C-D;77;8/0-1C1#E7#;77E1#/02#7E@4;#F3/0E#1H;9/D41J# (0e#M421J#!-EE70#VJ#/02#R/;1@/33#gJ6JN<#%217;FE-70#79#R-D;77;8/0-1C1#E7#)H;9/D41J# n-34.<#&45#"7;K<#FFJ#=YW t W?\J # # *4!/;.<#%J#?]^ZJ#*-4# ,;1D@4-0H08#24;#).CB-714J#)E;/1BH;8e#g/;3#_J#';HB04;# # # # *4!/07<#+J:J#?ZZ] 2T#4*[12*==*,)12%52*,%1/1)*(1L2N*J2\%4?>#'@4#3/08H/84#79#D/3D-HC#1-80/33-08J# D55'L2 !*:L2C.-5)2;#%. J#\?e#[J? L [J=]J# # # # 7H21#*J<#&/8/@/1@-#VJ<#/02#%B04.#VJ*J#?ZZ\J#'@4#2-994;40E-/3#4994DE1#79#D433#5/33 L # /117D-/E42#F@4073-D1<#D433#5/331<#/02#D .E7173-D#F@4073-D1#79#@71E#/02#070 L @71E#;77E1# # 70#E@4#8;75E@#79#E57#1F4D-41#79#%R#9H08-J# N*J2C"/)%.L # ?WW e#=]Z t =Z[J #

PAGE 145

# ?W\ # # *;4134; L &H;C-#%J<#:454;#*J<#$}1}040#+J%J<#/02#+-021E;~C#gJ#=>>^J# F"*26#:*41#)/2-562 *:%.')#%52%=24"#$%&#-L #(0e#M421J#`/53751K-#gN# C4%<-4/%)#, 2*56%1/(&#%5)12#520.-5)1 J# )F;-084; L b4;3/8<#!4;3-0#O4-243B4;8J # # *.BA-01K-#$J#/02#'-3C/0#*J#=>>^J#$417H;D4#H14#F/EE4;01#F;42-DE#3708 L E4;C#7HED7C41# 79#F3/0E#D7CF4E-E-70#97;#0HE;-40E1#/02#3-8@EJ# F"* 2 D(*4#,-52N-)'4-.#1)L # ?^>e#W>Y t W?] # # # ,834;#:J,J#?ZY[J#b484E/E70#1D-40D4#D70D4FE1<#(J#(0-E-/3#937;-1E-D#D7CF71-E-70# L #/#9/DE7;# -0#732 L 9-432#G484E/E-70#24G437FC40EJ# G*3*)-)#% J#[e#[?= L [?^J # # ,-140@/H4;#&J< #!4l34;#OJ<#,08431#6J<#V34-I04;#VJ<#O/B4K71E#RJ<#R-3DH#%J<#`/;E1D@#)J<# )/B/-1#%J6Jn<#)D@4;B4;#6J<#)E4-0B4-11#)J<#n4843E#%J<#n4-114;#nJnJ<#/02#)D@4H#)J# =>?>J# `3/0E#2-G4;1-E.#4994DE1#70#17-3#C-D;77;8/0-1C1#1HFF7;E#E@4#1-08H3/;#@.F7E@41-1J# +,%.%3/L # Z? e#[]Y t [Z\J # # ,3-/1#gJ)J#/02#)/9-;#VJ$J#?Z]^J#O.F@/3#43708/E-70#79#V37CH1#9/1-DH3/EH1#-0#;41F7014#E7# ;77E#4IH2/E41J# D00L2-562 +5:#4%L # 7#,4%&#%L2PXV #?Z=] L ?ZWWJ # # ,C4;. # )J # =>?>J # )HDD411-70e#%#63714;#+77KJ # N-)'4*2+6',-)#%52^5%J.*63* J # ?MZNe#?J # # ,02;4#VJ<#g4;41AE#%J<#g4G4-#zJ<#R-@/D4/#)J<#g/37#`J#/02#g-11#VJ!J#M=>>=N#%#;4D4FE7;# K-0/14#8404#;48H3/E-08#1.CB-7E-D#072H34#24G437FC40EJ# N-)'4 J# [?^ e#Z\= t Z\\J # # ,1143-08#_J_J<#+@H-11-4;#:JVJ#/02#,C701#%JRJ#=>>WJ#&72#9/DE7; L -02HD42#;77E#@/-;# DH;3-08e#D70E-0H7H1#F73/;#8;75E@#E75/;21#E@4#F7-0E#79#072#9/DE7;#/FF3-D/E-70J# C.-5)2 C"/1#%.L2 ?W=e#?Z]= L ?Z]]J # # ,A/5/#'J I2 6/G/80/;7#'J$J#<#)C-E@#)J,J#<#)C-E@#:J %J#<#/02#X@E7C7#$ L #=>>WJ#$/F-2# /DDHCH3/E-70#79#F73.F@71F@/E4#-0#4IE;/;/2-D/3#@.F@/4#79#/0#/;BH1DH3/;#C.D7;;@-A/3# 9H08H1#/1#;4G4/342#B.#@-1E7D@4C-1E;.#/02#/#F73.F@71F@/E4#K-0/14y3HD-94;/14# 1.1E4C<# N*J2C"/)%.L # ?\? e#W]^ t WZ=J # # :-0/0#'JRJ#=>>=J#,G73G-08#-01-8@E 1e#).CB-71-1#-13/021#/02#@7;-A70E/3#8404#E;/0194;J# SL2 ;-,)*4#%.L <#?][e#=]YY L =]Y\J # :-1@4;#RJ6J<#)F;/EE#!JVJ<#/02#)E/34.#_J'J#M421JNJ#=>>\J#)F4D-41#/02#1F4D-/E-70#-0# C-D;77;8/0-1C1J# C"#.%1L2F4-51L2!L29%,L2H%56L2;L #W\?e#?]Z^ L =>YWJ # :-EE4;#%J#OJ#?Z^^J#(093H40D4 #79#C.D7;;@-A/3#-094DE-70#70#D7CF4E-E-70#97;#F@71F@7;H1# /02#F7E/11-HC#B.#E57#8;/1141J# N*J2C"/)%.L2 ^Z e#??Z t ?=YJ # :-EE4;#%JOJ<#V;/G41#_J*J<#n/EK-01#&JgJ<#$7B-0170#*J<#/02#)D;-C847H;#6J#?ZZ]J#6/;B70# E;/0194;#B4#5440#F3/0E1#/02#-E1#D70E;73#-0#04E57;K#79#/;#BH1D H3/;#C.D7;;@-A/1J # T'5,)L2+,%.L # ?=e#[>\ t [?=J # # #

PAGE 146

# ?W^ # :;/0K#!J#?]]ZJ # c4B4;#2-4#`-3A1.CB-714#24;#+48HC-07140J # ;*4L2E)1,"L2;%)L28*1L # ^e#WW= t W[\J # # :-EA1-C701#RJ)J#/02#R-334;#$JRJ#=>?>J#'@4#-CF7;E/0D4#79#17-3#C-D;77;8/0-1C1#97;# C/-0E/-0-08#2-G4;14#F3/0E#D7CCH0-E-41#-0 #E/338;/11#F;/-;-4J# D(*4L2SL2%=2;%)L #Z^M?=Ne? L ^J # V/8070#OJ#/02#(B;/@-C#$JgJ #?ZZ]J#%3270-D#/D-21e#/#07G43#9/C-3.#79# 5%6 #8404#-02HD4;1# 79# 7*1%4"#$%&#'(2.%)# <# !"#$%&#'(2.'0#5# <#/02# 9#5%4"#$%&#'(2(*.#.%)# J# 7%.L2C.-5) U 7#,4%&*2M5L2 ??e# Z]] L ZZ]J # # V/3-B4;E#:J<#:-0/ 0#'JRJ<#+708#)J$J<#`H@34;#%J<#%B73/#`J<#%CF4#:J<#!/;37. L OHB34;#:J<# !/;04EE#RJ_J<#!4DK4;#%J<#!7-1E/;2#`J<# !7E@4 # VJ<# !7HE;. #RJ<# !7514; #+J<# !H@;C41E4; #_J<# 6/2-4H #,J<# 6/F43/ #*J<# 6@/-0 #`J<# 675-4 #%J<# */G-1 #$JnJ<# *;r/07 #)J<# :424;1F-43 #&J%J<# :-1@4; # $J:J<#V37HI#)J<# V72;-4 #'J<# V7994/H #%J<# V732 -08 #!J<# V7HA. #_J<# VH;T/3 #RJ<# O4;0/024A L +HD/1 # (J<# O708 #%J<# OH-A/; #+J<# O.C/0 #$JnJ<# _7041 #'J<# g/@0 #*J<# g/@0 #RJ+J<# g/3C/0 #)J<# g4/E-08 #*J<# g-11 #,J<# g7CF #6J<# +43/H;4 #bJ<# R/1H. #*J<# `/3C #6J<# `4DK #RJ6J<# `7@3 #'JRJ<# `7;E4E4334 #*J<# `H;04334 #!J<# $/C1F4;84; #cJ<# )H;A.DK#$J<# '@rB/H3E #`J<# b/0240B73 #RJ< #b7;@~3E4; #: L _J<# n4-204; #)J<# n4331 #*JOJ< #n708 #gJ<# "4@ #g L 6J#/02# !/EHE #_J# =>>?J# '@4#D7CF71-E4#8407C4# 79#E@4#348HC4#1.CB-70E#)-07;@-A7B-HC#C43-37E-J # 9,#*5,*L2 =ZWe#\\] t \^=J # V/;D-/ L V/;;-27#_JRJ<#+402A4C7#bJ<#6/1E433/071 L R7;/341#bJ<#)E4-0K43304;#)J<#b-4;@4-3-8# OJ#=>>ZJ#)E;-873/DE7041<#1-80/31#97;#F/ ;/1-E-D#F3/0E1#/02#/;BH1DH3/;#C.D7;;@-A/3# 9H08-J# 7/,%44"#$J#?Ze#[[Z t [YZJ # V40;4#%J<#6@/B/H2#RJ<#'-CC4;1#'J<#!709/0E4#`J<#/02#!/;K4;#*JVJ#=>>YJ#%;BH1DH3/;# C.D7;;@-A/3#9H08-#43-D-E#/#07G43#-0E;/D433H3/;#/FF/;/EH1#-0# 7*6#,-3%2)4'5,-)'.#;77E# 4F-24;C/3#D4331#B 497;4#-094DE-70J# C.-5)2?*..L # ?^ e#W[]Z t W[ZZJ # V40;4#%J<#6@/B/H2#RJ<#:/DD-7#%J<#!/;K4;#*JVJ<#/02#!709/0E4#`J#=>>]J#`;4F404E;/E-70# /FF/;/EH1#/114CB3.#F;4D4241#/02#F;42-DE1#E@4#D7370-A/E-70#F/EE4;01#79#/;BH1DH3/;# C.D7;;@-A/3#9H08-#5-E@-0#E@4#;77E#D7;E4I#79#B7E@ # 7*6#,-3%2)4'5,-)'.-2 /02# E-','12 ,-4%)J# C.-5)2?*.. # => e#?[>^ t ?[=>J # V4;24C/00#_JnJ#?Z^>J#'@4#1-80-9-D/0D4#79#G41-DH3/; L /;BH1DH3/;#C.D7;;@-A/4#-0#F3/0E# 0HE;-E-70J#M421J#'7H117H0#'J%J<#!48/#$JbJ<#&43170#`J,JN#$77E#2-14/141#/02#)7-3 L B7;04# `3/0E#`/E@78401J#c0-G4 ;1-E.#79#6/3-97;0-/#`;411<#!4;K434.<#c)%<#FFJ?=Y L ?=ZJ # # V@4;B-#OJ I2 R/;KC/00#gJ<#)G-1E770799#)J<#,1E4G/0#_J<#%HE;/0#*J<# V-DA4.#V<#%H8H.#:<#`4;4E# !<#+/F3/A4#+<#:;/0D@4#6< # `/;0-1K4 <#RJ<#/02# !78H1A <#* L #=>>]J#).C$g#249-041#/#D7CC70# 8404E-D#B/1-1#97;#F3/0E#;77E#40271.CB-7141#5-E@#/;BH1DH3/;#C.D7;;@-A/#9H08-<# ;@-A7B-/<#/02# T4-5<##B /DE4;-/<# C4%,L2N-).L2D,-6L29,#L2YL9LDL # ?>Y e#[Z=] t [ZW=J# # # V-/0-0/AAL `4/;170#bJ#/02#V-/0-0/AA-#)J#?Z]]J#R7;F@7378-D/3#-0E48;/E-70#/02# # 9H0DE-70/3#D7CF/E-B-3-E.#B4E5440#1.CB-70E1#-0#G41-DH3/;#/;BH1DH3/;# # 4027C.D7;;@-A/3#/117D-/E-701J#(0e#M421J#B.#)D/004;-0-# )J<#)C-E@#*J<#!709/0E4 L :/1737# # `J<#V-/0-0/AAL `4/;170#bJN# ?*..2)%2?*..29#35-.12#52C.-5)I2D5#(-.2-5627#,4%&#-.2

PAGE 147

# ?W] # 2 9/(&#%1#1 <#&%'X#%)(#14;-41#O?^<#6433#!-7378.J#)F;-084;#b4;3/8<#!4;3-0#<#O4-243B4;8#<# # FFJ#^W t ][J # # V-/0-0/AAL `4/;170#bJ<#!;/0A/0E-#!J<#/02#V-/0-0 /AA-#)J#?Z]ZJ#(0#G-E;7#40@/0D4C40E#79# 1F7;4#84;C-0/E-70#/02#4/;3.#@.F@/3#8;75E@#79#/#G41-DH3/; L /;BH1DH3/;#C.D7;;@-A/3# 9H08H1#B.#@71E#;77E#4IH2/E41#/02#F3/0E#93/G707-21J# 9/(&#%1#1L #^e#=[W L =YY # # V-/0-0/AAL `4/;170#bJ<#)C-E@#)J,J<#V-/0-0/AA-#)J<#/02#)C-E@#:J%J #?ZZ?J # ,0A.C/E-D# 1EH2-41#70#E@4#C4E/B73-1C#79#G41-DH3/; /;BH1DH3/;#C.D7;;@-A/1J# N*J2C"/)%.L2 ??^e# \? t ^[J # # V-/0-0/AAL `4/;170#bJ<#+4C7-04#RJ<#%;07H32#6J<# V7337EE4#%J#/02#R7;E70#_J!J #?ZZ[J# +7D/3-A/E-70#79##l#M?##WN#V3HD/01#-0#)F7;4#/02#O.F@/3#n/331#79#:H08-#0#E@4#V37C/341J# 7/,%.%3#J#]\e#[^] L []Y # # V-/0-0/AAL `4/;170#bJ#?ZZ\J#`3/0E#6433#$41F70141#E7#%;BH1DH3/;#R.D7;;@-A/3#:H08-e# V4EE-08#E7#E@4#$77E1#79#E@4#).CB-71-1J# C.-5)2?*.. J# ] M?>Ne#?]^? t ?]]WJ # # V-7G/004EE-#RJ#<#)B;/0/#6J<#%G-7#+J<#6-E4;041-#%J)J<#/02#+78-#6J #?ZZWJ# *-994;40E-/3# @.F@/3#C7;F@784041-1#-0#/;BH1DH3/;#C.D7;;@-A/3#9H08-#2H;-08#F;4 L -094DE-70# 1)-3*1L2 N*J2C"/)%.L #?=Ye#Y]^ L YZW 2 # V34/170#6J<# 6@/H2@H;#)J <#"/08 #'J <#RH7A #%J <#`77G/-/@#!J#nJ<#/02#X32;7.2 #VJ #=>>\J# &72H3/E-70#-024F40240E#79#;@-A7B-/#-02HD42#B.# /#D/3D-HC L /DE-G/E42#K-0/14#3/DK-08# /HE7-0@-B-E-70J# N-)'4*L #[[?e#??[Z t ??Y=J # # V34/170#OJ%J#?Z?^J#'@4#1E;HDEH;4#/02#24G437FC40E#79#E@4#F3/0E#/117D-/E-70J# ;'..L2 F%44*/2;%)L2?.'&L2 [We#[\W L ]? # V34/170#OJ%J#?Z=\J#'@4#-02-G-2H/3-1E#D70D4FE#79#E@4#F3/0E#/117D-/E-70J # ;'..L2F%44*/2 ;%)L2?.'& J#YWe#^ L =\ J # V3400 L +45-0#*J6J#/02#b/0#*4;#R//;43#,J#?ZZ=J#`/EE4;01#/02#F;7D41141#79#G484E/E-70# 2.0/C-D1J# C.-5)29',,*11#%5I2F"*%4/2-562C4*6#,)#%5 #M421J#V3400 L +45-0#*J6J<`44E#$Jg# /02#b4B340#'J'JNJ#6@/FC/0#p#O/33<#+70270<#FFJ#?? t YZJ # V78/ ;E40#_J#`J#=>>WJ# V404#E;/0194;e#8404#15/FF-08#D;/A4#;4/D@41#4HK/;.7E41J # ?'44L2 ;#%.L #?We#$YW t $Y[J# # V;-99-E@1<#!J)J#?Z]ZJ#'@4#;734#79#B/DE4;-/3 L 9442-08#04C/E7241#/02#F;7E7A7/#-0# ;@-A71F@4;4#0HE;-40E#D.D3-08J# D10*,)12%=2D00.#*62;#%.%3/ J#==e#?[? L ?[YJ # V;-C4#_J` J#?Z\WJ#:/DE7;1#24E4;C-0-08#E@4#7DDH;;40D4#79#D/3D-9H84#1F4D-41#70#1@/3375# 17-31#7G4;#D/3D/;47H1#1HB1E;/E/ L2SL2%=2+,%.%3/L2 Y?e#W^Y L WZ>J # V;-C4#_J#`J<#R/DK4.#_JRJ+J<#O--3-4;#)JOJ#/02#$4/2#*J_J#?Z]^J#:E7;-1E-D#2-G4;1-E.#-0#/# C7243#1.1E4C#H1-08#4IF4;-C40E/3#CD;7D71C1J# N-)'4* J#W=]e#[=> L [==J # #

PAGE 148

# ?WZ # VH/3E-4;-#VJ#/02#!-1143-08#'J#=>>>J#'@4#4G73HE-70#79#072H3/E-70J# CL27%.L2;#%L #[=e?]? L ?Z[J # O/;;-170#gJ%J#/02#!/;284EE#$J*J#=>?>J#(093H40D4#79#F3/0E#1F4D-41#/02#17-3#D702-E-701# 70#F3/0E L 17-3#9442B/DK#-0#C-I42#8;/113/02#D7CCH0 -E-41J# SL2%=2+,%.%3/L # Z] e#W][ t WZYJ # O/;;-170#RJ_J<#*45B;4#VJ$J#/02#+-H#_J#=>>=J#%#F@71F@/E4#E;/01F7;E4;#9;7C# 7*6#,-3%2 )4'5,-)'.#-0G73G42#-0#E@4#/DPH-1-E-70#79#F@71F@/E4#;434/142#B.#/;BH1DH3/;# C.D7;;@-A/3#9H08-J# C.-5)2?*.. J# ?[ e#=[?W t =[=ZJ # O/;;-170#RJ_J#?ZZZ J#R734DH3/;#/02#D433H3/;#/1F4DE1#79#E@4#/;BH1DH3/;#C.D7;;@-A/3# 1.CB-71-1J 2 D55L2!*:L2%=2CL2C"/1L2-562CL27%.L2;#%L # Y> e#W\?# t #W]ZJ # O/;;-170#RJ_J #?ZZ^J#'@4#/;BH1DH3/;#C.D7;;@-A/3#1.CB-71-1e#%0#H024;8;7H02# /117D-/E-70J# F4*5612C.-5)29,# J# =e# Y[ t Y\J # O/;E04EE#*J6J# /02#n-3170#VJnJ'J#?ZZZJ#R.D7;;@-A/4#(093H40D4#`3/0E#67CCH0-E.# )E;HDEH;4#/02#*-G4;1-E.#-0#'/338;/11#`;/-;-4J# +,%.%3/ #]>e#??]^ t ??ZYJ # O4DKC/0#*J)J<#V4-14;#*JRJ<#,-2433#!J$J<#)E/H994;#$J+J<#g/;271#&J+J#/02#O42841#)J!J# =>>?J#R734DH3/;#4G-240D4#97;#E@4#4/;3.#D73 70-A/E-70#79#3/02#B.#9H08-#/02#F3/0E1<# 9,#*5,*L # =ZW e#??=Z t ??WWJ # O42841#)J!J#=>>=J# '@4#7;-8-0#/02#4G73HE-70#79#C7243#7;8/0-1C1J # N-)L2!*:L28*5*) J# We# ]W] L ][ZJ # O438/170#'JnJ<#n/E170#_J`J#/02#"7H08#nJ#=>>WJ#`@.37840.#79#E@4#V37C4;/341#/02# *-G4;1-1F7;/341#M:H08e#V37C4;7C.D7E/N#9;7C#/DE-0#/02#43708/E-70#9/DE7;#? L /3F@/# 14PH40D41J# T+7927#,4%&#%.%3/2H*))*41 #==Ze#?=^ L ?W=J # O40-K799#)J#/02#O40-K799#_JVJ#?ZZ=J#%C-07#/D-2#1HB1E-EHE-70#C/E;-D41#9;7C#F;7E4-0# B37DK1J# C4%,L2N-).L2D,-6L29,#L2Y9DL2 ]ZM==Ne#?>Z?Y L ?>Z?ZJ # O40-K799 #)J#/02#O40-K799#_JVJ#?ZZWJ#`4;97;C/0D4#4G/3H/E-70#79#/C-07#/D-2# 1HB1E-EHE-70#C/E;-D41J# C4%)*#51L2 ?^M?Ne#[Z L \?J # O4;402440#`J)J I2 R/8/330 L `H4B3/#)J<#+HF-/#$J<#6;/04#`J$J#/02#g7B3-01K/#_ L #?ZZZJ#%# F;43-C-0/;.#D701F4DEH1#79#E@4#%3370#937;/#9;7C#E@4#+/E4#6;4E/D 47H1#M+/E4#)/0E70-/0N# 79#640E;/3#V47;8-/<#cJ)J%J# D55L27@2;%)L28-46L # ]\ e#[>^ t [^?J# # O4;;4#,J%J<#R4T-/#+J6J<#$7T/1#,J<#R/.0/;2#zJ<#!HE34;#%J#/02#b/0#!/43#)J#=>>^J# (CF3-D/E-701#79#/0EL F/E@7840#4994DE1#79#E;7F-D/3#9H08/3#4027F@.E41#/02#C.D7;;@-A/4<# +,%.%3/L # ]] e#YY> t YY]J # O-334$-1+/CB4;1# _J<#63/;K#_J)J#/02#!4DK/84<#!J#=>>=J#*401-E. L 24F40240E#C7;E/3-E.#/02# E@4#3/E-EH2-0/3#8;/2-40E#-0#1F4D-41#2-G4;1-E. L 2 N-)'4*L #[?^e#^W= t ^WYJ # O-041#`J#=>?>J#+48HC4#).CB-717C4J# 9,#L29#35-.L #WM???Ne#\]J # O-;1D@#%J<#+HC#RJ#/02#*750-4#_J# =>>?# n@/E#R/K41#E@4#$@-A7B-/ L +48HC4#).CB-71-1 # #

PAGE 149

# ?[> # )7#)F4D-/3Q#=>>?J# C.-5)2C"/1#%. J#?=^e#?[][ t ?[Z=J # O710.#RJ<#V-/0-0/AAL `4/;170#bJ#/02#*H3-4H#OJ#?ZZ]J# &HD34/;#*&%#D70E40E#79#??# 9H08/3#1F4D-41#-0#V37C/341J # 8*5%(* J # [? MWNe#[== t [=]J # # (C/-AHCL %0;/KH#OJ<#'/K42/#&J <#6@/;F40E-4;#RJ<#`4;;.#_J<#R-5/#OJ<#cC4@/;/#"J<# g7HD@-#OJ<#RH;/K/C-#"J<#RH324;#+J#/02#b-DK4;1#gJ<# `-K4 #_J <#*750-4 #_J%J <#n/08 #'J <#)/E7 # )J <#%1/C-AH#,J<#'/B/E/ #)J <#"71@-K/5/ #RJ <#RH;77K/ #"J <#nH#V L _J<#g/5/8HD@#RJ <# g/5/1/K#)J <`/;0-1K4 #RJ #/02#O/./1@-#RJ# =>>YJ# `3/1E-2#F;7E4-01#D;HD-/3#97;#1.CB-7E-D# 9H08/3#/02#B/DE4;-/3#40E;.#-0E7#F3/0E#;77E1J# N-)'4* J # [WW e#Y=^ t YW?J # # _/071#*J`J#?Z]YJ# 7/,%44"#$-.2='53#V2-3*5)12%421/(0)%(12%=2)4%0#,-.2,%(('5#)/2 1',,*11#%5_ #(0e# C4%,**6#5312%=2)"*2`)"2ND?@7 J#M421J#R73-0/#$JN#67;G/33-1 <#X$<#c)%e# X;4870#)E/E4#c0-G4;1-E.<#FFJ#Z] L ?>\J # _/0A40#*J`J#?Z^>J# O4;B-G7;41#/02#E@4#&HCB4;#79#';44#)F4D-41#-0#';7F-D/3#:7;41E1J# F"*2D(*4#,-52N-)'4-.#1)L2 ?>[MZ[>Ne#Y>? L Y=] # _/G7E#OJ<#`40C4E1/#bJ$J<#'4;A/8@-#&J<#677K#*J$J<#/02#O/;;-170<#RJ_J #=>>^J#%# 7*6#,-3% 2 )4'5,-)'.#F@71F@/E4#E;/01F7;E4;#-02-1F401/B34#97;#E@4#/;BH1DH3/;#C.D7;;@-A/3# 1.CB-71-1J# C4%,L2%=2)"*2N-)L2D,-6L2%=29,#L2Y9D J# ?>[e #?^=> t ?^=YJ # _7@0170#&J6J<#n-3170#VJnJ'J<#!75K4;#RJ%J<#n-3170#_J<#R-334;#$JRJ#=>?>J#$417H;D4# 3-C-E/E-70#-1#/#2;-G4;#79#37D/3#/ 2/FE/E-70#-0#C.D7;;@-A/3#1.CB-7141J# C4%,L2%=2)"*2N-)L2 D,-6L2%=29,#L2Y9DL ?>^MYNe#=>ZW t =>Z]J # _7041#gJR J <#g7B/./1@#OJ <#*/G-41 #!JnJ <#'/8/ #RJ,J #/02#n/3K4;<#VJ6J# =>>^J# O75# ;@-A7B-/3#1.CB-70E1#-0G/24#F3/0E1e#E@4# 9#5%4"#$%&#'( t 7*6#,-3% #C7243J 2N-)L2!*:L2 7#,4%&#%L # Y e#\?Z L \WWJ # 7H;04E#,J`J<#,3 L V/D@E7H3-#&J<#b4;07H2#bJ<#24#!-33.#:J<#`-D@70<#RJ<#*42-4H<#%J<#%;07H32<# 6J<#R7;/02-<#*J<#!/;K4;<#*JVJ<#/02#V-/0-0/AAL `4/;170<#bJ #=>>?J# 7*6#,-3%2)4'5,-)'.-2 +N@EQQ e#%#07G43#$`$` L 40D72-08#4/;3.#072H3-0#8404#4IF;41142#2H;-08# C.D7 ;;@-A/E-70#-0#/;BH1DH34 L D70E/-0-08#D4331J# 7%.L2C.-5) U 7#,4%&*2M5 J# ?[e# ^W^ t ^[]J # # g/0/C7;-#&J<#R/2140#+JOJ<#$/2HE7-H#)J<#:;/0E41DH#RJ<#uH-1E8//;2#,JRJ<#R-5/#OJ<# *750-4#_J%J<#_/C41#,JgJ<#:4334#OJOJ<#O//0-08#+J+J<# _40140#'J<#)/E7 # )J <#&/K/CH;/ # "J <# '/B/E/ # )J <#)/0 2/3 # &J #/02#)E7H8//;2 # _J#=>>\J# :;7C#E@4#D7G4;e#/#0HD347F7;-0#-1#;4PH-;42# 97;#-02HDE-70#79#6/ =f #1F-K-08#-0#348HC4#072H34#24G437FC40E#/02#41140E-/3#97;# ;@-A7B-/3#/02#9H08/3#1.CB-71-1<# C4%,L2N-).L2D,-6L29,#L2Y9DL # ?>W e#WYZ t W\[J # g-21E70#$J<#/02#+/08#nJ#OJ#?Z=?J# X32#$42#)/021E704#F3/0E1#1@75-08#1E;HDEH;4<#9;7C# E@4#$@.0-4#6@4;E#B42<#%B4;24401@-;4J#`/;E#YJ#'@4#E@/337F@.E/#7DDH;;-08#-0#E@4#F4/E L B42U#E@4#1HDD411-70#79#E@4#F3/0E1#E@;7H8@7HE#/#G4;E-D/3#14DE-70#79#E@4#B42<#/02#E@4# D702-E-701#79#/DDHCH3/E-70#/02#F;414;G/E -70#79#E@4#24F71-EJ# F4-51L2!L29%,L2+6#5&'43"L # Y=e#]YY L Z>=J #

PAGE 150

# ?[? # g-21E70#$J#/02#+/08#nJOJ#?Z=?J#X0#X32#$42#)/021E704#F3/0E1#1@75-08#1E;HDEH;4<# 9;7C#E@4#$@.0-4#D@4;E#B42<#%B4;24401@-;4J#`/;E#(bJ#$41E7;/E-701#79#E@4#G/1DH3/;# D;.FE78/C1<#/02#2-1DH11-70#79#E@4-;#B4/ ;-08#70#E@4#8404;/3#C7;F@7378.#79#E@4# `E4;-27F@.E/#/02#E@4#7;-8-0#79#E@4#7;8/0-1/E-70#79#3/02 L F3/0E1J# F4-51L2!L29%,L2 +6#5&'43"L #Y=e#]W? t Y[#J # g-1E04;#6J#/02#`/;0-1K4#RJ#=>>=J#,G73HE-70#79#1-80/3#E;/012HDE-70#-0#-0E;/D433H3/;# 1.CB-71-1J# F4*5612C.-5)29,#L # ^ e# Y?? t Y?]J # g-1E04;#6J<#n-0A4;#'J<#`-EA1D@K4#%J# RH324; #+J <#)/E7 # )J<#g/04K7 # 'J<#'/B/E/ # )J<#)/02/3 # &J<# )E7H8//;2 # _J<#n4BB # gJ<#)ADA.83751K# gJ<#/02#`/;0-1K4 #R L #=>>YJ#)4G40# H%)'12K-0%5#,'1 # 84041#;4PH-;42#97;#E;/01D;-FE-70/3#;4F;78;/CC-08#79#E@4#;77E#2H;-08#9H08/3 #/02# B/DE4;-/3#1.CB-71-1J# C.-5)2?*.. J# ?^ e#==?^ t ===ZJ # g0733<#%JOJ#?ZZ=J{'@4#4/;3.#4G73HE-70#79#4HK/;.7E41e#/#847378-D/3#F4;1F4DE-G4J{# 9,#*5,*L #=Y\e#\== # # g7;0B4;8#%J<#$/7#&J&J<#/02#%H3E L $-D@4#*J#?ZZZJ#(07;8/0-D#F73.F@71F@/E4e#/#C734DH34# 79#C/0.#9H0DE-701J# D5 5'L2!*:L2;#%,"*( J# \] e#]Z t ?=YJ # # g71HE/#)J< # R-;4-334#6@/B/H2#RJ<#+7H8070#VJ<#V7H8@#6J<#*r0/;-r#_J<#!/;K4;#*JVJ<#/02# !rD/;2 # VJ#=>>W L #%#2-99H1/B34#9/DE7;#9;7C#/;BH1DH3/;#C.D7;;@-A/3#9H08-#-02HD41# 1.CB-71-1 L 1F4D-9-D# 7)+N@EQQ #4IF;411-70#-0#;77E1#79# 7*6#,-3%2)4'5 ,-)'.J# CL2C"/1L # ?W? e# ZY=Z\=J # g71HE/#)J<#O/A342-04#)J<#)H0#_J<#R-5/#OJ<#R7;;-1#$J_J<#*750-4#_J%J#/02#X32;7.2#VJ,J*J# =>>]J#*-994;40E-/3#/02#D@/7E-D#D/3D-HC#1-80/EH;41#-0#E@4#1.CB-71-1#1-80/3-08#F/E@5/.# 79#348HC41J# C4%,L2%=2)"*2N-)L2D,-6L2%=29,#L2Y9DL # ?>Y e#Z]=W t Z]=]J # gH@0#OJ<#gH 1E4;#OJ<#$4PH40/#&J#=>?>J#R4CB;/04#1E4;7-2#B-02-08#F;7E4-0#?#-02HD42# B.#/#2-99H1-B34#9H08/3#1-80/3#-1#D;-E-D/3#97;#C.D7;;@-A/E-70#-0#R42-D/87#E;H0D/EH3/J # N*J2C"/)%.L # ?]Ye#^?\ t ^WWJ # gH3C/E-1K-#%J#/02#g/;273#`J#=>>]J#V4EE-08#F3/0E t 17-3#9442B/DK1#7HE#79#E@4# 8; 440@7H14e#4IF4;-C40E/3#/02#D70D4FEH/3#/FF;7/D@41J#(0e#M421J#+HEE84<#cJ,J<#,114;<# gJ<#!4.1D@3/8<#nJ#p#RH;/E/<#_JN C4%34*112#52;%)-5/ U `aI2!*:#*J28*5*)#,2C"/1#%.%3/2 +,%.%3/ J#)F;-084; L b4;3/8<#!4;3-0#O4-243B4;8<#FFJ#[[Z t [^=J # # gk1E4;#OJ<#b-4548#RJ:J<#R/0E@4.#gJ<# !/-4;#RJ6J<#O7@0T4D#&J<#/02#`4;3-DK#%JRJ #=>>^J# (240E-9-D/E-70#/02#4IF;411-70#;48H3/E-70#79#1.CB-7E-D/33.#/DE-G/E42#348HC4#84041J# C"/)%,"*(#1)4/ J# \]e# ] t ?]J # +/CB/-1#RJ$ J#=>>\J#c0;/G43-08#E@4#1-80/3-08#/02#1-80/3#E;/012HDE-70#C4D@/0-1C1# D70E;733-08#/;BH1DH3/; #C.D7;;@-A/#24G437FC40EJ# 9,#*5)#=#,2D34#,'.)'4* J#\We#[>Y L [?WJ # +/H;4#RJ L +J_J<#V;-99-0#+J_J<#R71D@433/#`J)J<#_40K-01#)J$J<#'@7C1F70#$J6J<#O/5K-01#)_J# =>>ZJ#6@/0841#-0#*-G4;1-E.#/02#,D71.1E4C#:H0DE-70-08#*H;-08#)HDD411-70J#(0e#M421J#

PAGE 151

# ?[= # n/@3<#RJN 7-4#5*2B-462;%))% (2?%(('5#)#*1V2C-))*451I2E#:*41#)/I2E/5-(#,12-562 ?"-53*I2+,%.%3#,-.29)'6#*12RZ` J##)F;-084; L b4;3/8#!4;3-0#O4-243B4;8<#FFJ#=?W L ==YJ # +4C7-04#RJ6J<#V7337EE4#%J<#V-/0-0/AAL `4/;170#bJ#/02#V-/0-0/AA-#)J#?ZZYJ#+7D/3-A/E-70# 79#lM? L WN#83HD/0#-0#5/331#79#E@4#4027C.D 7;;@-A/3#9H08-# 8.%('12(%11*-* #M&-D73J#p# V4;2JN#V4;2J#p#';/FF4#/02# D,-'.%10%4-2.-*:#1 #MV4;2J#p#';/FF4N#2H;-08#D7370-A/E-70# 79#@71E#;77E1J# N*J2C"/)%.L # ?=Z e#Z^ t ?>YJ # # +45-1#XJRJ#?Z]\J# C.-5)12-5625#)4%3*5 J#(0e# 9)'6#*12#52;#%.%3/ <#07J#?\\J#,25/;2#%;0732<# +70270< #cgJ # # +-CF401#,J#/02#!-1143-08#'J #=>>WJ#)-80/3-08#-0#1.CB-71-1J# ?'44L2@0#5L2C.-5)2;#%.L # \e# W[W t WY>J # +-H#OJ<#';-4H#%J'J<#!3/.37DK#+J%J<#/02#O/;;-170#RJ_J #?ZZ]J#6370-08#/02#D@/;/DE4;-A/E-70# 79#E57#F@71F@/E4#E;/01F7;E4;1#9;7C# 7*6#,-3%2)4'5,-)'.#;77E1e#$48H3/ E-70#-0# ;41F7014#E7#F@71F@/E4#/02#E7#D7370-A/E-70#B.#/;BH1DH3/;#C.D7;;@-A/3#M%RN#9H08-J# 7%.L2C.-5) U 7#,4%&*2M5L2 ??e# ?[ t ==J # +-H#_J<#R/3270/27 L R4027A/<#(J<#+7F4A L R4.4;<#RJ<#6@4H08<#:J<#'750<#6J#*J#/02#O/;;-170<# RJ#_J#=>>^J#%;BH1DH3/;#C.D7;;@-A/3#1.CB-71-1#-1# /DD7CF/0-42#B.#37D/3#/02#1.1E4C-D# /3E4;/E-701#-0#8404#4IF;411-70#/02#/0#-0D;4/14#-0#2-14/14#;41-1E/0D4#-0#E@4#1@77E1J# F"*2C.-5)2S%'45-. <#Y>e#Y=Z t Y[[J # +7284#'J,J<#,2-E7;J#=>>YJ # F"*2+:*43.-6*12"-56&%% L # 6$6#`;411<#!7D/# $/E70<#:+J # +708#)J$J#?ZZ\J#$@-A7B-HC#1.CB-71-1e#072#9/DE7;1#-0#F4;1F4DE-G4J# C.-5)2?*.. #]e#?]]Y t ?]Z]J # # +HC#RJ$J#/02#O-;1D@#%JRJ# =>>WJ#$77E1#/02#E@4-;#1.CB-7E-D#C-D;7B41e#1E;/E48-41#E7# 7BE/-0#0-E;7840#/02#F@71F@7;H1#-0#/#0HE;-40E L 3-C-E-08#40G-;70C40E L2SL2%=2 CL284%J)"2 !*3 J#=? e# W\] t W]=J # # +H1K#6J`J<#!37B43#VJ<#/02#g-08#RJ6J#=>>^J#O-8@5/.#E7#E@4#-004;#0HD34/;#C4CB;/04e# ;H341#97;#E@4#;7/2J# N-)L2!*:L27%.L2?*..2;#%.L #]e#[?[ t [=>J # # R/2140#,J!J<#R/2140#+JOJ<#$/2HE7-H#)J<#X3B;.E#RJ<#$/K5/31K/#RJ<#)ADA.83751K-#gJ<# )/E7#) J<#g/04K7#'J<#'/B/E/#)J<#)/02/3#&J<#/02#)E7H8//;2#_J #=>>WJ#%#;4D4FE7;#K-0/14# 8404#79#E@4#+.1R#E.F4#-1#-0G73G42#-0#348HC4#F4;D4FE-70#79#;@-A7B-/3#1-80/31J# N-)'4*L # [=Ye# \W^ t \[>J # R/3/TDAHK#&J#=>>>J#R.D7;;@-A/1#n4BF/84J# @EEFeyy555J99FJD1-;7J/Hy;414/;D@yC.D7;;@-A/y-0E;7J@EC3 J#%DD41142#=>?>J#&7GJ#[E@J # #

PAGE 152

# ?[W # R/;KC/00#gJ<#V-DA4.#VJ#/02#`/;0-1K4#RJ#=>>]#:H0DE-70/3#/2/FE/E-70#79#/#F3/0E# ;4D4FE7; L K-0/14#F/G42#E@4#5/.#97;#E@4#4G73HE-70#79#-0E;/D433H3/;# ;77E#1.CB-7141#5-E@# B/DE4;-/J# CH%92;#%.L # \ e#4\]J # # R/;1@#_J:J<#$/K7D4G-D#%J<#R-E;/#$JRJ<#!;7D/;2#+J<#)H0#_J<# ,1D@1E;HE@#%J<#+708#)J$J<# )D@H3EA4#RJ<#$/E4E#`J#/02#X32;7.2#VJ# =>>^J# 7*6#,-3%2)4'5,-)'.#&(&#-1#41140E-/3#97;# ;@-A7B-/3 L -024F40240E#072H34#7;8/07840 41-1#-02HD42#B.#/HE7/DE-G4# D/3D-HCyD/3C72H3-0 L 24F40240E#F;7E4-0#K-0/14J# C.-5)2C"/1#%.L # ?[[ e#W=[ t WWYJ # # R/;I<#*J#OJ#?ZZ?J# F"*204-,)#,-.21#35#=#,-5,*2%=2*,)%(/,%44"#$-*2#52=%4*1)2 *1)-&.#1"(*5)L ## (0 e#M421J#O}883H02#!JN# +,%0"/1#%.%3/2%=2*,)%(/,%44"#$-*2%=2=%4*1 )2 )4**1 J#+4DEH;41#8-G40#/E#E@4#?ZZ?#R/;DH1#n/3340B4;8#`;-A4#).CF71-HC#-0#)E7DK@73C<# )54240J#R/;DH1#n/3340B4;8#:7H02/E-70<#)E7DK@73C<#)54240<#FFJ#Y[ L Z>J # # R/EAK4#RJ<#n4-84;#'JRJ<#`/FF#(J#/02#R/EAK4#%J_J#=>>ZJ#&HD34/;#C4CB;/04#-70# D@/00431#C42-/E4#;77E#072H34 #24G437FC40EJ# F4*5612C.-5)29,#L # ?[ e#=ZY t =Z]J# # # R/EAK4#%J_JRJ#/02#R/EAK4#RJ%J#?ZZ?J#'@4#434DE;-D/3#F;7F4;E-41#79 # E@4#0HD34/;# 40G437F4<#/02#E@4-;#F711-B34#;734#-0#E@4#;48H3/E-70#79 # 4HK/;.7E-D#8404#4IF;411-70J # !-7434DE;7D@4CJ# ;#%*5*43L # =Ye#WY^ t W^>J # # # R/.;#,J# ?ZY^J#-0e#M421J#R/.;#,JN#'@4#1F;4D-41#F;7B34CJ#FFJ#? L ==J # RDVH-;4#gJ+J#=>>^J# 67CC70#4DE7C.D7;;@-A/3#04E57;K1#C/.#C/-0E/-0# C70727C-0/0D4#-0#/#E;7F-D/3#;/-0#97;41EJ # +,%.%3/ J# ]]e# Y\^ L Y^[J # # # R411-0414#,J<#RH0#_ L OJ<#"4H0#+J<#_/./;/C/0#*J<#$7H84#`J<# !/;;4#%J <# +7H 8070#VJ <# )D@7;0/DK#)J <# !707#_J <# 677K#*J$J <#/02# %0r#_ L R J# =>>^J#%#07G43#0HD34/;#F;7E4-0#-0E4;/DE1# 5-E@#E@4#1.CB-7E-D#*R(W#D/3D-HC#/02#D/3C72H3-0#24F40240E#F;7E4-0#K-0/14#79# 7*6#,-3%2)4'5,-)'.J# 7%.2C.-5) U 7#,4%&*2M5 L #=>e#Z?= t Z=?J # R-331#gJ,J#/02#!4G4;#_J*J#?ZZ ]J#R/-0E40/0D4#79#2-G4;1-E.#5-E@-0#F3/0E#D7CCH0-E-41e# 17-3#F/E@78401#/1#/840E1#79#048/E-G4#9442B/DK<# +,%.%3/ # ^Z e#?YZY t ?\>?J# # # R-0/C-1/5/#gJ<#(E/KH;/#RJ<#)HAHK-#RJ<#(D@-84#gJ<#(1/5/#'J<#"H@/D@-#gJ<#/02#R-E1H-#OJ # =>>=J#O7;-A70E/3#E;/0194;#79#072H3/E-70#84041 #-0#17-31#/02#C-D;7D71C1#9;7C# ;4-6/4"#$%&#'(2K-0%5#,'( #E7# ;L2*.<-5## J# 7#,4%&*12+5:#4%5L # =e# ]= L Z>J # # R7;E70#_J!J#/02#!40E-G480/#)J`J#?ZZ[J#+4G431#79#2-G4;1-E.#-0#4027C. L #D7;;@-A/3#9H08-# MV37C/341<#z.87C.D4E41N#/02#E@4-;#;734#-0#249-0-08#E/I707C-D#/02#070 L E/I 707C-D# 8;7HF1J# C.-5)29%#.L #?YZe#[^ L YZJ # # # &/G/A-7#+J<#R71D/E-4337#$J<#V40;4#%J<#&7G4;7#RJ<#!/32/0#!J<#!709/0E4#`J<#R/;-/0-#` J# =>>^J#%#2-99H1-B34#1-80/3#9;7C#/;BH1DH3/;#C.D7;;@-A/3#9H08-#43-D-E1#/#E;/01-40E# D.E7173-D#D/3D-HC#434G/E-70#-0#@71E#F3/0E#D4331 L2C. -5)2C"/1#%.L # ?[[e #\^W t \]?J # #

PAGE 153

# ?[[ # &43170#VJ#=>?>J# F"*2)4**12%=2T.%4#6-V2D24*=*4*5,*2-562=#*.623'#6*2bR 56 2*6L> J#)/;/17E/<#:+e# `-04/FF34#`;411J # &45C/0 #,J+J<# $422433#`J #?Z]^J '@4#2-1E;-BHE-70#79#C.D7;;@-A/1#/C708#9/C-3-41#79# G/1DH3/;#F3/0E1J# N*J2C"/)%. J#?>\e#^[Y L ^Y? J # # &-D73170#'JOJ#?Z^YJ# +:%.')#%52%=2:*1#,'.-4 U -4&'1,'.-42(/,%44"#$-1 J#(0e#M421J#)/024;1# :J,J<#R7114#!J<#'-0K4;#`J!JN# +56%(/,%44"#$-1L #%D/24C-D#`;411<#+70270<#cg<#FFJ#=Y L W[J # &-4@/H1#gJ<#!4DK4;#%J#?ZZ]J#'@4#;734#79#C-D;7B-/3#1H;9/D4#F73.1/DD@/;-241#-0#E@4# !" #$%&#'( L 348HC4#-0E4;/DE-70J# 9'&,*..2;#%,"*(L # =Z e#^W t ??\J # # Xa67007;#`J_J<#)C-E@#)J,J#/02#)C-E@#,J%J#=>>=J#%;BH1DH3/;#C.D7;;@-A/1#-093H40D4# F3/0E#2-G4;1-E.#/02#D7CCH0-E.#1E;HDEH;4#-0#/#14C-/;-2#@4;B3/02J# N*J2C"/)%.L # ?Y[ e# =>Z t =?]J # X4@;34#&JnJ<#)/;C/#%J*J<#n/E 4;1#_JgJ<#,C4;-D@#*JnJ#=>>]J#`;7E47C-D#/0/3.1-1#79# 17.B4/0#072H34 # D.E7173J# C"/)%,"*(L #\Ze#=[=\ t =[W] J # # X32;7.2#VJ,J*J#/02#*750-4#_J%J#=>>]J#677;2-0/E-08#072H34#C7;F@784041-1#5-E@# ;@-A7B-/3#-094DE-70#-0#348HC41J# D55L2!*:L2#52CL2;#%.L #YZe#Y?Z t Y[\J # X32;7.2#VJ, J<#O/;;-170#RJ_J<#`/1AK751K-#cJ#=>>ZJ#$4F;78;/CC-08#F3/0E#D4331#97;# 40271.CB-71-1J# 9,#*5,*L #W=[e#^YW t ^YY # # `/DK4;#%J#/02#63/.#gJ#=>>>J#)7-3#F/E@78401#/02#1F/E-/3#F/EE4;01#79#14423-08#C7;E/3-E.# -0#/#E4CF4;/E4#E;44J# N-)'4*L #[>[ e#=^] t =]?J # `/340D@/;#_J#=>>[J# D2 ,%(0-4#1%52%=2(/,%44"#$-.2'1*2#52%43-5#,2-562,%5:*5)#%5-.2 =-4(#53 J#!J%J#'@41-1J#&45#6733484#79#:37;-2/e#c)%J # `/;0-1K4#RJ#=>>]J#%;BH1DH3/;#C.D7;;@-A/e#E@4#C7E@4;#79#F3/0E#;77E#40271.CB-7141J# N-)L2!*:L27#,4%&#%.L #\e#^\W t ^YJ # # `/1AK751K-#cJ#=>>\J#%#T7H;04.#E@; 7H8@#1-80/3-08#-0#/;BH1DH3/;#C.D7;;@-A/3# 1.CB-7141J# N*J2C"/)%.L #?^=e#WY t [\ J # `4DK#RJ6J<#:-1@4;#$J:J<#/02#+708#)J$J#=>>\J#*-G4;14#83/G707-21#1E-CH3/E4#&72*?# B-08-0#E7#072#8404#F;7C7E4;1#-0#)-07;@-A7B-HC#C43-37E-J# SL2%=2;-,)*4#%. J#?]]e#Y[?^ L Y[=^J # # `4;;4E#dJ<# )E/4@43-0#6J<#/02#!;7H8@E70<#nJ_J#=>>>J#R734DH3/;#B/1-1#79#1.CB-7E-D# F;7C-1DH-E.J# 7#,4%&#%.L27%.L2;#%L2!*:L #\[e#?]> L =>?J # # `4;E14C3-2-1#%J<#:70270#_JnJ#=>>?J#O/G-08#/# &.-1) #5-E@#!-7-097;C/E-D1#M/02#%G7-2-08# &.-1) F@4C.NJ#%G/-3/B34#/E# @EEFeyyV407C4!-7378.JD7Cy=>>?y=y?>y;4G-451y=>>= J # # # `44E#$JgJ#/02#6@;-1E40140#&J+J#?Z]>J# )HDD411-70e#%#F7FH3/E-70#F;7D411J # C.-5)2

PAGE 154

# ?[Y # +,%.%3/ J# [WM? L = N e#?W ? L ?[>J # # `4-E4;#,J<#)H0#_J<#O4DKC/00#%J!J<#b40K/E41@5/;/0#RJ<#$-34.#!JgJ<# XE48H-#RJ)J<#,25/;21# %J<#:;41@7H;#VJ<#O/@0#RJVJ<#677K#*J$J<# )/024;1#*J<#X32;7.2#VJ<#*750-4#%J#/02#%0r # _JRJ# =>>^J#'@4# 7*6#,-3%2)4'5,-)'.#*R(?#F;7E4-0#C72H3/E41#D.E7173-D#D/3D-HC#1-80/ 3-08J# C.-5)2C"/1#%.L #?[Ye#?Z= t =>WJ # # `411/;/K3-#RJ<#,2-E7;J#?ZZ^J# B-56&%%<2%=20"%)%1/1)"*1#1 <#R/;D43<#&45#"7;KJ # `4E4;1#_JnJ<#:-1@4;#gJ#/02#*4/0#*J$J#?ZZYJ #&-E;7840/14#)E;HDEH;4#/02#:H0DE-70e#%# !-7D@4C-D/3 L V404E-D#`4;1F4DE-G4 # D55'L2!*:L27#,4%&#%.L # [Z e#WWY t W\ \J # # `4E4;1#&J#gJ<#:;71E#_J#nJ<#/02#+708#)J#$J#?Z]\J#%#F3/0E#93/G704<#3HE473-0<#-02HD41# 4IF;411-70#79#$@-A7B-HC#C43-37E-#072H3/E-70#84041J# 9,#*5,*L #=WWe#Z^^ L Z]>J# # # `@-33-F1#*J%J<#/02#'1/-# )JRJ ?ZZ=J#:3/G707-21#/1#F3/0E#1-80/31# E7# ;@-A71F@4;4# C-D;7B41J# 7/,%44 "#$J# ?e# YY L Y]J# # # `3/EE#nJ_J#?ZZ[#`;7D442-081#&7;E@#%C4;-D/0#67094;40D4#70#)/G/00/1#/02#!/;;401J# @EEFeyy555J4F/J87Gy4D7F/84yHF3/02y7/Ky7/KZ[y`;7D442-081y`3/EEJ@EC3 J# %DD4114 2#&7G4CB4;#[E@J # # `;7114;#_J(J<# !7@/00/0 #!J <#6H;E-1 #'J <#,33-1 #$J_J <#:-;41E704 #RJgJ <#:;4DK34E70 #$J`J <#V;440 # _J+J <#V;440 #+J,J <#g-33@/C #gJ <#+40070 #_J_J <#X1B7;0 #%JRJ <#)73/0#RJ<#G/0#24;#V/1 E#6J_J #/02# "7H08 #_J # #=>>^J#'@4#;734#79#4D7378-D/3#E@47;.#-0#C-D;7B-/3#4D7 378.J# N-)L2!*:L27#,4%&#%.L # Ye#W][ t WZ=J # $/2HE7-H#)J<#O448//;2<#R/2140#+J<#!T7;0<#R/2140#,J<#:4334#OJOJ<#cC4@/;/#"J<#V;03H02# RJ<#)/E7#)J<#&/K/CH;/#"J<#'/B/E/#)J<#)/02/3#&J#/02#)E7H8//;2#_J#=>>WJ# `3/0E# ;4D780-E-70#79#1.CB-7E-D#B/DE4;-/#;4PH-;41#E57#+.1R#;4D4 FE7; L 3-K4#K-0/141J # N-)'4* J # [=Y e#Y]Y L YZ=J # # $/2HE7-H#)J<#R/2140#+JOJ<#R/2140#,J!J<#:4334#OJOJ<#cC4@/;/#"J<# V;03H02 #RJ <#)/E7#)J<# &/K/CH;/#"J<#'/B/E/#)J<#)/02/3#&J<#/02#)E7H8//;2#_ J# =>>WJ#`3/0E#;4D780-E-70#79# 1.CB-7E-D#B/DE4;-/#;4PH-;41#E57#+.1R#;4D4FE7; L 3-K4 #K-0/141J# N-)'4*L #[=Ye#Y]Y t Z=J # $/-0/#)J<#6@/C73/#!J`J<#/02#RHK4;T-#gJVJ#=>>>J# +:%.')#%52%=27/,%44"#$-L #(0e#M421J#gJVJ# RHK4;T-<#_J#)-08@#/02#!J`J#6@/C73/N# 7/,%44"#$-.2;#%.%3/ J#g3H54;#%D/24C-Dy`340HC# `3HB3-1@4;1<#&45#"7;K<#FFJ#? L =YJ # # $/G40# _J%J# ?Z^^J#'@4#4G7 3HE-70#79#G/1DH3/;#3/02#F3/0E1#-0#;43/E-70#E7#1HF;/D433H3/;# E;/01F7;E#F;7D41141J# D6:L2;%)L2!*1 J# PV2 ?YW L =?Z# J # # $424K4;#*J<#g7204;#$J<#/04#V;/@/C#+J#=>>>J#V37C/34/0#9H08-#9;7C#E@4#X;27G-D-/0J# 9,#*5,*L #=]Ze#?Z=> t =?J # #

PAGE 155

# ?[\ # $4D7H;E<#g441<#'H040<#%;T40#_J<#RH;<#+470# %J<#!;H1143<#%0E70#%J#&J<#+H8E40B4;8<#!40#_J<# g-T04<#_/0#nJ#?ZZWJ#%DE-G/E-70#79#93/G707-2#B-71.0E@41-1#-0#;77E1#79#b-D-/#1/E-G/# 1HB1FJ#0-8;/#F3/0E1#B.#-07DH3/E-70#5-E@#$@-A7B-HC#348HC-071/;HC#B-7G/;#G-D-/4J# C.-5)27%.L2;#% J#?Ze #[?? L [=>J # # $4C.#nJ<#'/.37;#'J& J<#O/11#OJ<#g4;F#OJ#?ZZ[J#:7H;#@H02;42 L C-33-70 L .4/; L 732# G41-DH3/;#/;BH1DH3/;#C.D7;;@-A/4J# C4%,L2%=2)"*2N-)L2D,-6L2%=29,#L2Y9DL # ? e#??][? L ??][WJ # # $4PH40/#&J<#:k334;#`J<#:;/0K40#` J#?ZZZJ#R734DH3/;#D@/;/DE4;-1/E-70#79# 8(T@c =<#/0# 4G73HE-70/;.#@-8@3.#D7014;G42#8 404#9;7C#E@4#C.D7;;@-A/3#9H08H1# 8.%('12(%11*-* <# 2750 L ;48H3/E42#2H;-08#-0E4;/DE-70#5-E@#;@-A7B/DE4;-/J# 7%.L2C.-5) U 7#,4%&*2M5 L # ?=e# ZW[ L Z[=J # # $4PH40/#&J<#R/00#`J<#:;/0K40#`J#=>>>J#%#@7C7378H4#79#E@4#D433 L D.D34#D@4DK L F7-0E# 'X$=#9;7C# 9-,,"-4%(/,*12,*4*:#1#-* #4I -1E1#-0#E@4#/;BH1DH3/;#C.D7;;@-A/3#9H08H1# 8.%('12(%11*-* J# C4%)%0.-1(-L # =?= e#]Z t Z]J # # $4PH40/#&J<#R/00#`J<#O/CFF#$J#/02#:;/0K40#`J#=>>=J#,/;3.#24G437FC40E/33.# ;48H3/E42#84041#-0#E@4#/;BH1DH3/;#C.D7;;@-A/3#9H08H1# 8.%('12(%11*-* e#-240E-9-D/E-70# 79# 8(8MNQ <#/#07 G43#8404#5-E@#@7C7378.#E7#E@4#6 L E4;C-0H1#79#C4E/A7/0#@4284@78# F;7E4-01J# C.-5)29%#.L # =[[ e#?=Z t ?WZJ # # $42C702#_JnJ<#!/E34.#RJ<#*T7;2T4G-D#RJ%J<#(0041#$JnJ<#gH4CF43#`J+J<#/02#$7394#!JVJ # ?Z]\J#:3/G7041#-02HD4#4IF;411-70#79#072H3/E-70#84041#-0# !"#$%&#'( J# N-)'4*L 2 W=We \W= t \WYJ # $4.07321#OJ+J<#`/DK4;#%J<#!4G4;#_J*J<#/02#63/.#gJ#=>>WJ#V;/11;77E1#4D7378.e#`3/0E L R-D;7B4 L )7-3#(0E4;/DE-701#/1#2;-G4;1#79#F3/0E#D7CCH0-E.#1E;HDEH;4#/02#2.0/C-D1J# +,%.%3/L #][MZNe#==]? L ==Z?J # $-43.#!JgJ<#+7H8070#VJ<#%04#_JRJ<#677K#*J$J#=>>^J#'@4 #1.CB-7E-D#-70#D@/0043#@7C7378# *R(?#-1#37D/3-A42#-0#E@4#0HD34/;#C4CB;/04#79# 7*6#,-3%2)4'5,-)'.#;77E1J# C.-5)2SL #[Ze# =>] t ?\J # # $7E@#+J,J<#&8H.40#_J6J<#/02#'4AD/0#:J%J#=>?>J# %'` L #/02#(;70 L `;7E4-0 L (024F40240E# %DE-G/E-70#79#&-E;7840/14#6/E/3.1-1#B. # +-8@EJ# SL2D( L2?"*(L29%,L QXR e#?W\^= t ?W\^[ # # )/0D@4A#:J<#`/2-33/#_J#,J<#`4;4A#OJ#/02#+/;/#RJ#?ZZ?J#670E;73#79#072H3-0#84041#-0#;77E L 072H34#24G437FC40E#/02#C4E/B73-1CJ# D55L2!*:L2%=2CL2C"/1L2-562CL27%.L2;#%L # [= e#Y>^ t Y=]J # )/-E7#gJ<#"71@-K/5/#RJ<#"/07#gJ<#R-5/#OJ<#cD@-2/#OJ< # %1/C-AH # ,J<#)/E7 # )J<#'/B/E/ # )J<# (C/-AHCL %0;/KH # OJ<#cC4@/;/ # "J<#g7HD@# OJ<#RH;77K/ # "J<#)ADA.83751K# gJ<##*750-4 #_J <# `/;0-1K4#RJ < #O/./1@#RJ #/02#g/5/8HD@-#R J# =>>^J#&c6+,X`X$(&]Y#-1#;4PH-;42#97;# D/3D-HC#1F-K-08<#9H08/3#/02#B/DE4;-/3#1.CB-7141<#/02#1442#F;72 HDE-70#-0# H%)'12 K-0%5#,'1 J# C.-5)2?*..L #?Ze#\?> t \=[J #

PAGE 156

# ?[^ # # )D@5/;EA#$JRJ<#*/.@799#RJXJ#?Z^]J# D).-12%=2C4%)*#529*d'*5,*2-5629)4',)'4*I2P21'00.L # Mb73J#WNJ#n/1@-08E70#*J6Je#&/EJ#!-7C42J#$41J#FFJ#WYW L WY]J # )D@kl34; #%J<#)D@5/;A7EE#*J#/02#n/3K4;#6J#=>>?J#%#045#9H08/3#F @.3HC<#E@4# V37C4;7C.D7E/e#F@.37840.#/02#4G73HE-70J# 7/,%.L2!*1L # ?>Y e#?[?W t ?[=?J # )D@kl34;#%J<#R/;E-0#OJ<#67@40#*J<#:-EA#RJ#/02#n-F9#*J#=>>\J#6@/;/DE4;-A/E-70#79#/# D/;B7@.2;/E4#E;/01F7;E4;#9;7C#1.CB-7E-D#837C4;7C.D7E/0#9H08-J# N-)'4*L #[[[e#ZWW t ZW\J # )449432E#+J 6J<#*/0D4#(JVJ<#*4/0#*J$J#=>>[J#)HB1E;/E4#-0E4;/DE-701#5-E@#0-E;7840/14e#:4# G4;1H1#R7J# ;#%,"*(#1)4/ J#[WM\Ne?[>? L ?[>ZJ # )@E/;K#XJ"J<# !7;-17G #%J<# z@HK7G #bJ<# `;7G7;7G #&J#/02# '-K@707G-D@ #(J# =>?> L2 M5)#(-)* 2 D11%,#-)#%512%=2;*5*=#,#-.29%#.27#,4%&*12J#)"2B%1)2C.-5)1L #(0e 2 M421J#*-I70#'J#/02#'-3170# ,JN# 9%#.27#,4%&#%.%3/2-5629'1)-#5-&.*2?4%02C4%6',)#%5 L # )F;-084;#)D-40D4f!H1-0411# R42-/J#&45#"7;K #6-E.<#&"<#FFJ ??Z L ?Z\J # )-D-3-/07#bJ<#V40;4#%J<#!/341E;-0-#$J<#6/FF433/AA7#VJ<#24#n-E#`J#/02#!709/0E4#`J#=>>^J# ';/01D;-FE7C4#/0/3.1-1#79#/;BH1DH3/;#C.D7;;@-A/3#;77E1#2H;-08#24G437FC40E#79#E@4# F;4F404E;/E-70#/FF/;/EH1J# C.-5)2C"/1#%.L # ?[[ e?[YY t ?[\\J# # # )-C/;2# )JnJ<#`4;;.#*J%J<#_7041#RJ*J<# R.;732 #*J <#*H;/33 #*JRJ #/02#R73-0/ #$J# ?ZZ^J#&4E# # E;/0194;#79#D/;B70#B4E5440#4DE7C.D7;;@-A/3#E;44#1F4D-41#-0#E@4#o432J# N-)'4* J# # W]] eY^Z t Y]=J # # )-C/;2#)JnJ#/02#*H;/33#*JRJ#=>>[J#R.D7;;@-A/3#04E57;K1e#/#;4G-45#79#E@4-;#4IE40E<# # 9H0DE-70<#/02#-CF7;E/0D4<# ?-5L2SL2;%)L # ]= e??[> t ??\YJ # )-C70#+J <#!7H1PH4E#_J<#+rG41 PH4#$J6J<#+/37024#RJ#?ZZWJ# X;-8-0#/02#2-G4;1-9-D/E-70#79# 4027C.D7;;@-A/3#9H08-#/02#D7-0D-240D4#5-E@#G/1DH3/;#3/02#F3/0E1J# N-)'4* J# # W\W e#\^# t # \ZJ # # )C-3#bJ#=>>=J# &-E;7840#/02#9772#F;72HDE-70e#F;7E4-01#97;#@HC/0#2-4E1J # D(&#% J# W?e?=\ t ?W?J # # )C-E@#)J,J#/02#$4/2# *J_J #?ZZ^J# 7/,%44"#$-.29/(&#%1#1 J#%D/24C-D#`;411<#+70270 # # )C-E@#)J,J#/02#$4/2#*J_J#=>>]J# 7/,%44"#$-.29/(&#%1#1 J#&45#"7;Ke#%D/24C-DJ#W;2#42J # # )73/-C/0#RJzJ<#,A/5/#'J<#g7T-C/#'J#/02#)/-E7#RJ #?ZZZJ#`73.F@71F@/E41#-0#-0E;/;/2-D/3# /02#4IE;/;/2-D/3#@.F@/4#79#/0# /;BH1DH3/;#C.D7;;@-A/3#9H08H1<# 8#3-10%4-2(-43-4#)J# D00.L2+5:#4%5L27#,4%&#%. J# \Y< #Y\>[ t Y\>\J# # # )F/-0K#OJ`J<#)@4434.#*JRJ<#G/0#!;H1143#%J%J&J<#V3H1@K/#_J<#"7;K#nJ)J<##'/K#'J<#V4-84;#XJ# g40042.#,J<#$4-0@732#bJ&J<#/02#+H8E40B4;8#!J#?ZZ?J#%#07G43#@-8@3.#H01/EH ;/E42#9/EE.#

PAGE 157

# ?[] # /D-2#C7-4E.#79#3-F7 L 73-871/DD@/;-24#1-80/31#24E4;C-041#@71E#1F4D-9-D-E.#79# !"#$%&#'( J# N-)'4*L #WY[e?=Y t W> # # )F-4341#*J_J#=>?># C4%)*,)*62H-56L2 )F;-084;#)D-40D4f!H1-0411#R42-/J#&45#"7;K#6-E.<# &"J # )E4-0K43304;#)J<#+402A4C7#bJ<#+/084;#(J<#)D@54-84;#` J<#g@/71//2#'J<#'7H11/-0E#_J L `J#/02# b-4;@4-3-8#OJ#=>>^J#:3/G707-241#/02#1E;-873/DE7041#-0#;77E#4IH2/E41#/1#1-80/31#-0# 1.CB-7E-D#/02#F/E@7840-D#F3/0E t 9H08H1#-0E4;/DE-701J# 7%.*,'.*1 J#?=e?=Z> t ?W>\J # # )E722/;2#OJ+J#?ZW?J#'@4#B7B5@-E4#PH/-3e#-E1#@/B-E1<#F;414;G/ E-70#/02#-0D;4/14J#&45# "7;Ke#6@/;341#)D;-B04;a1#)701J # # )E722/;2#OJ+J#?Z\=J#c14#79#:-;4#-0#E@4#`-04#:7;41E1#/02#V/C4#+/021#79#E@4#*44F# )7HE@4/1EJ#M= 02 #,2JN#'/33#'-CB4;1#9-;4#4D7378.#D7094;40D4J#'/33/@/1144<#:+e#'/33# '-CB4;1#$414/;D@#)E/E-70J # )E;/DK4#)<#g-1E 04;#6<#"71@-2/#)<#RH324;#+<#)/E7#)<# g/04K7 #'J <#'/B/E/ #)J <#)/02/3 #&J <# )E7H8//;2 #_J <#)ADA.83751K#gJ# /02#`/;0-1K4#RJ# =>>=J#%#F3/0E#;4D4FE7; L 3-K4#K-0/14# ;4PH-;42#97;#B7E@#B/DE4;-/3#/02#9H08/3#1.CB-71-1J# N-)'4*L #[?^eZYZ t Z\=J # )HB;/C/0-/0#)J<#)E/D4.#VJ#/02#"H#XJ #=>>^J#*-1E-0DE<#D;HD-/3#;7341#79#93/G707-21#2H;-08# 348HC4#072H3/E-70J# F4*5612C.-5)29,#L # ?= e#=]= t =]YJ # )H33-G/0#_J#'J#/02#$70170#6J#nJ #?ZZ]J#,G73HE-70#79#;@-A7B-/#B.#/DPH-1-E-70#79#/#Y>> L KB# 1.CB-71-1#-13/02#E@/E#-0E48;/E41#-0E7#/#F@4 L E$&%#8404J# C4%,L2N-).L2 D,-6L29,#L2Y9DL # ZYe Y?[Y L Y?[ZJ # ).3G41E4; L !;/234.#$J#/02#g-F4 L &73E#+J#?Z]]J## !*.-:*5)2-10*,)12%=21/(&#%)#,25#)4%3*52 =#A-)#%5L #(0e# F"*2H*3'(* U !"#$%&#'(29/(&#%1#1V2+:-.'-)#%5I29*.*,)#%52-562D34%5%(#,2 7-5-3*(*5)2 M421J# ).3G41E4; L !;/234.#$J#/02#g-F4 L &73E#+JN J#6(% '<#6/3-<#673HCB-/<#FFJ# ] L ?ZJ # '/0134.#%J#VJ#?ZWYJ#'@4#H14#/02#/BH14#79#G484E/E-70/3#D70D4FE1#/02#E4;C1J# +,%.%3/L2 ?\e=][ L W>^J # # -C7040 #)J#/02#`4E4;170#$J#+J#=>>=J#6.E71K434E70#-0#C.D7;;@-A/3#1.CB-71-1J # C.-5)2 9%#.L # =[[e?ZZ t =?>J # # # '-;-D@-04#+<#_/C41#,g<#)/02/3 #&<#)E7H8//;2#_#=>>\J#)F70E/047H1#;77E L 072H34# 97;C/E-70#-0#E@4#C7243#348HC4#+7EH1#T/F70-DH1e#%#07G43#D3/11#79#CHE/0E1#072H3/E41# -0#E@4#/B140D4#79#;@-A7B-/J 2 7%.L2C.-5) U 7#,4%&*2M5L2 ?ZeW^W t W]=J # # ';/FF4#_JRJ#=>>YJ# %J!J#:;/0K#/02#C.D7;;@-A/4e#E@4#D@/334084#E7#4 G73HE-70/;. # /02# 4D7378-D#E@47;. L2 7/,%44"#$#?Ye#=^^ t =]? # # c4E/K4#"J<#g7T-C/#'J<#,A/5/#'J#/02#)/-E7#RJ#=>>=J#,IE401-G4#EHBH3/;#G/DH734#1.1E4C#

PAGE 158

# ?[Z # -0#/0#/;BH1DH3/;#C.D7;;@-A/3#9H08H1J# 8#3-10%4-2(-43-4#)J# N*J2C"/)%.L # ?Y[ e^\? t ^\]J # # cE;HF<#+J#_J #/02# &7;;-1#_JO J#?ZZ \J#&72H3-0#8404#4IF;411-70#-0#4994DE-G4#;77E#072H341#79# 5@-E4#1544ED37G4;#M 7*.#.%)%12-.&#*41;JN#/02#-0#-04994DE-G4#072H341#43-D-E42#B.# CHE/0E#1E;/-01#79# !"#$%&#'(2(*.#.%)# J# SL2+A0L2;%)L2 [^ e#?ZY t =>=J # # b/0D4#6J`J<#c@24# t )E704#6J#/02#%33/0#*J+J#=>>W#`@71F@7; H1 # /DPH-1-E-70#/02#H14e# D;-E-D/3#/2/FE/E-701#B.#F3/0E1#14DH;-08#/#070;4045/B34#;417H;D4J# N*J2C"/)%.L #?Y^e# [=W t [[^J # # # G/0#24;#O4-T240#RJVJ%J<#g3-;707C71#_J&J<#c;1-D#RJ<#R7HE783-1#`J<#)E;4-E5739 L ,0843#$J<# !7334; #'J <#n-4CK4#%J # /02#)/024;1#(J$J #?ZZ]J#R.D7;;@-A /3#9H08/3#2-G4;1-E.#24E4;C-041# F3/0E#B-72-G4;1-E.<#4D71.1E4C#G/;-/B-3-E.#/02#F;72HDE-G-E.J# N-)'4*L #WZ\e\Z t ^=J # G/0#24;#O4-T240#RJVJ%J<#)/024;1#(J$J<# 421 J#=>>=J# 7/,%44"#$-.2+,%.%3/L2+,%.%3#,-.2 1)'6#*12QPeL #)F;-084; L b4;3/8e#!4;3-0<#V4;C/0.J # # G/0#g/CC40#%J#?Z] [J#)H8841E42#07C40D3/EH;4#97;#F3/0E#84041#-0G73G42#-0# 072H3/E-70#/02#1.CB-71-1J# C.-5)27%.L2;#%.L2!*0L #=e[W L [YJ# # # b/0#$@-T0#`J<#:/08#"J<#V/3-3-#)J<#)@/H3#7J<#%EAC70#&J<#n-0-084;#)J<#,1@42#"J<#+HC#RJ<#+-# "J<#'7#bJ<#:HT-1@-84#&J<#g/FH30-K#"J<#/02#O-;1D@#%J#?Z Z^J#,IF;411-70#79#4/;3.#072H3-0# 84041#-0#/39/39/#C.D7;;@-A/4#-02-D/E41#E@/E#1-80/3#E;/012HDE-70#F/E@5/.1#97;C-08# /;BH1DH3/;#C.D7;;@-A/4#/02#$@-A7B-HC L -02HD42#072H341#C/.#B4#D7014;G42J# C4%,L # N-).L2D,-6L29,#L2Y9DL2 Z[eY[\^ L Y[^=J# # n/08#*J<#V;-99-EE1#+J<#)E/;K4 ;#6J<#:427;7G/#,J<#+-CF401#,J<#(G/07G#)J<#!-1143-08#'J#/02# +708#)J#=>?>J#%#072H34#1F4D-9-D#F;7E4-0#14D;4E7;.#F/E@5/.#;4PH-;42#97;#0-E;7840 L 9-I-08#1.CB-71-1J# 9,#*5,* # W=^ e??=\ t ??=ZJ # n/1170#%J`J<#`4334;704#:J(J<#/02#R/E@41-H1#cJ #=>>\J#)-340D-08#E@4#93/G707-2# F/E@5/.# -0# 7*6#,-3%2)4'5,-)'.#-0@-B-E1#;77E#072H34#97;C/E-70#/02#F;4G40E1#/HI-0#E;/01F7;E# ;48H3/E-70#B.#;@-A7B-/J# C.-5)2?*..L2 ?]e #?\?^ t ?\=ZJ # # # n/E4;@7H14#%JRJ<#`;7DE4;#_J!J<#R/;E-0#*JRJ%<#63/CF#RJ#/02#!/;E70#VJ_J#=>>ZJ#{_/3G-45# # b4;1-70#=# L #/#CH3E-F34#14P H40D4#/3-80C40E#42-E7;#/02#/0/3.1-1#57;KB40D@{J# # ;#%#5=%4(-)#,1L2 =YMZNe??]Z L ??Z?# 27-e#?>J?>ZWyB-7-097;C/E-D1yBEF>WW J # # # n4843#,J <# )D@/H14;#+J <# )/02/3#&J <# )E7H8//;2#_J <#/02# ` /;0-1K4#R J#?ZZ]J# R.D7;;@-A/# # RHE/0E1#79# +7EH1#T/F70-DH1 #*49-04#V404E-D/33.#(024F40240E#)E4F1#*H;-08#).CB-7E-D# # (094DE-70 L 2 7%.L2C.-5) U 7#,4%&*2M5L2 QQ e#MZN#ZWW L ZW\ # # n4-;#!J)J #=>>\J#).1E4C/E-D1<#)F4D-9-D-E.<#/02#,D7378.#79#&45#z4/3/02#$@-A7B-/J#`@*# '@41-1<#'@4 #c0-G4;1-E.#79#%HDK3/02<#&45#z4/3/02J # #

PAGE 159

# ?Y> # n4-;#!J)J#=>?>J #'@4#DH;;40E#E/I707C.#79#;@-A7B-/J#&45#z4/3/02#;@-A7B-/#54B1-E4J# @EEFeyy555J;@-A7B-/JD7J0AyE/I707C.y;@-A7B-/J@EC3J#+/1E#HF2/E42e#=?1E#XDE7B4;<# =>?>J# %DD41142e#&7G4CB4;#[ E@ <#?=e>Z#FCJ # n41EC/0<#nJ<#/02#`4 4E<#$J#?Z]=J#$7B4;E#OJ#n@-EE/K4;#M?Z=> t ?Z]>Ne#E@4#C/0#/02#@-1# 57;KJ# G*3*)-)#%L #[]eZ^ t ?==J # # n@-EE/K4;#$J#OJ#?ZYWJ#%#D701-24;/E70#79#D3-C/I#E@47;.e#E@4#D3-C/I#/1#/#F7FH3/E-70# /02#F/EE4;0J# +,%.L27%5%34L2 =We#[? L ^]J# # # n-3170#VJ'J<#O/;E04EE#*J6J<#$-D4#6JnJ#=>>\J #R.D7;;@-A/3 L C42-/E42#F@71F@7;H1# E;/0194;#B4E5440#E/338;/11#F;/-;-4#F3/0E1# 9%43"-1)4'(25')-512 /02# D4)*(#1#-2 .'6%:#,#-5-L # T'5,)#%5-.2+,%.%3/L # => e#[=^ t [WYJ # n739#%J#?Z]\J# f'-5)#=/#532?"-%12J#)"2H/-0'5%:2+A0%5*5)1 #(0e#M421J#O73240<#%JN# ?"-%1L2 R/0D@41E4;#c0-G4; 1-E.#`;411<#R/0D@41E4;<#cg#/02#*7G4;<#&O<#FFJ#=^W L =Z>J # # n772@4/2#'J#nJ#?Z?YJ#'@4#1EH2.#79#F3/0E1U#/0#-0E;72HDE-70# E7# B7E/0.#/02#F3/0E# 4D7378.J#XI97;2#c0-GJ#`;411<#+70270J # # "/07#gJ<#"71@-2/<#)J<#Rk334;#_J<# )-08@ # )J <# !/0B/ #RJ<# b-DK4;1 #gJ<# R/;KC/00 #gJ#<# n@-E4 #6J<# )D@H334; #!J<# )/E7 #)J<# %1/C-AH #,J<# '/B/E/ #)J<# RH;77K/ #"J<# `4;;. #_J<# n/08 #'J+J<# g/5/8HD@# RJ<# (C/-AHCL %0;/KH #OJ<# O/./1@#RJ#/02 #`/;0-1K4 #RJ# =>>]J#6"6+X`)<#/#C42-/E7;#79# 1.CB-7E-D#-0E;/D433H3/;#/DD7CC72/E-70J# C4%,L2N-).L2D ,-6L29,#L2Y9D J# ?>? e#?>=?^ t ?>===J # # # "704./C/#gJ<#d-4#dJ<#)4K-C7E7#OJ<#'/K4HD@-#"J<#X8/1/5/;/#)J<#%K-./C/#gJ<#O/./1@# OJ<# /02#"704./C/#gJ#=>>]J#)E;-873/DE7041<#@71E#;4D780-E-70#1-80/31#97;#;77E#F/;/1-E-D# F3/0E1#/02#/;BH1DH3/;#C.D7;;@-A/3#9H08-<#9;7C#:/B/D4/4 #F3/0E1J# N*J2C"/)%.L # ?^Z e# [][ t [Z=J # # "71@-2/#)J#/02#`/;0-1K4#RJ#=>>YJ#$48H3/E-70#79#F3/0E#1.CB-71-1#;4D4FE7;#K-0/14# M)"R$gN#E@;7H8@#14;-04#/02#E@;470-04#F@71F@7;.3/E-70J# SL2;#%.L2?"*( J#=]>eZ=>W t Z=>ZJ# # z@/08#zJ#?Z]\J#63/1E-D#:/D-41#R-D;79711-31#9;7C#E@4#6@/H 03-088H7#:7;C/E-70#M?]>># R/N#04/;#_-I-/0<#&7;E@#6@-0/< # SL27#,4%0-.-*%5)%.L # Y M=NeZ t ?\J # # z@H#OJ<#$-43.#!JgJ<#!H;01#&J_J<#/02#%0r#_JR J#=>>\J#';/D-08#070 L 348HC4#7;E@73781#79# 348HC4#84041#;4PH-;42#97;#072H3/E-70#/02#/;BH1DH3/;#C.D7;;@-A/3#1.CB-7141J# 8*5*)#,1L # ? ^=e #=[Z? t =[ZZJ # # # # #

Mycorrhizal Fungi and Rhizobial Bacteria

Material Information

Subjects

Notes

Record Information

Material Information

Subjects

Notes

Record Information

This item is only available as the following downloads: