ÿþ< h t m l > < h e a d >
< m e t a n a m e = " G e n e r a t o r " c o n t e n t = " N o n e " >
< t i t l e > >=4@0H8= . . - C@A ;5:F89 " A=>2K !"!% 7=0=89 "5<0 4 "
< / t i t l e >
< / h e a d >
< b o d y b g c o l o r = " # E E E E D D " b a c k g r o u n d = " . . / . . / i m a g e s / b p a p e r . g i f " t e x t = " # 0 0 0 0 0 0 " l i n k = " # 0 0 0 0 A A " v l i n k = " # A A 0 0 0 0 " a l i n k = " # 8 8 0 0 A A " >
< c e n t e r >
< p > < f o n t s i z e = " 4 " > [ < a h r e f = " i n d e x . h t m " > 0 3;02=CN AB@0=8FC< / a > ] [ < a h r e f = " 0 3 . h t m " > "5<0 3 < / a > ] < / f o n t > < / p >
< p > < t a b l e w i d t h = " 7 3 5 " c e l l p a d d i n g = " 2 0 " c e l l s p a c i n g = " 4 " b g c o l o r = " # E E C C 9 9 " b a c k g r o u n d = " . . / . . / i m a g e s / b k g r 1 7 . j p g " b o r d e r = " 5 " > < t r > < t d a l i g n = " c e n t e r " v a l i g n = " m i d d l e " >
< p c l a s s = M s o N o r m a l s t y l e = ' m s o - m a r g i n - t o p - a l t : a u t o ; m s o - m a r g i n - b o t t o m - a l t : a u t o ;
l i n e - h e i g h t : n o r m a l ' > < s p a n s t y l e = ' f o n t - s i z e : 1 2 . 0 p t ; f o n t - f a m i l y : " T a h o m a " , " s a n s - s e r i f " ;
m s o - f a r e a s t - f o n t - f a m i l y : " T i m e s N e w R o m a n " ; c o l o r : # 3 3 3 3 3 3 ; m s o - f a r e a s t - l a n g u a g e :
R U ' >
< b > "5<0 4 . AB>@8G5A:0O @5B@>A?5:B820 D>@<8@>20=8O < i > 4CE>2=>AB8< / i > 8 < i > =@02AB25==>AB8< / i > =0 5<;5 8 AB0=>2;5=85 3>AC40@AB25==>- >1I5AB25==>3> ?@02>?>@O4:0. < / b > >=OB8O - < i > 4CE>2=>ABL< / i > 8 < i > =@02AB25==>ABL< / i > , 8E A<KA;>2>5 B>;:>20=85. 8D>;>38O 8 @5;8388 :0: 8AB>@8G5A:85 ?@54?>AK;:8 2>7=8:=>25=8O A>2@5<5==KE 273;O4>2 =0 < i > 4CE>2=>ABL< / i > 8 < i > =@02AB25==>ABL< / i > . 1I=>ABL 35=578A0 8 A2>5>1@0785 D>@<8@>20=8O =@02AB25==KE CAB>52 8 ?@02>?>@O4:0 2 @07;8G=KE @538>=0E @52=59 F828;870F88 8 8E ?>A;54CNI55 A>25@H5=AB2>20=85. A>15==>AB8 8 @07;8G8O >A=>2=KE A>2@5<5==KE :>=D5AA89.
< / b > < / f o n t > < / p > < / t d >
< / t r > < / t a b l e > < / p >
< p c l a s s = M s o N o r m a l s t y l e = ' m s o - m a r g i n - t o p - a l t : a u t o ; m s o - m a r g i n - b o t t o m - a l t : a u t o ;
l i n e - h e i g h t : n o r m a l ' > < s p a n s t y l e = ' f o n t - s i z e : 1 2 . 0 p t ; f o n t - f a m i l y : " T a h o m a " , " s a n s - s e r i f " ;
m s o - f a r e a s t - f o n t - f a m i l y : " T i m e s N e w R o m a n " ; c o l o r : # 3 3 3 3 3 3 ; m s o - f a r e a s t - l a n g u a g e :
R U ' > < b > !>45@60=85 ;5:F88< / b > < / f o n t > < / p >
< p > < i m g s r c = " . . / . . / i m a g e s / b a r 6 1 . g i f " h e i g h t = " 7 " w i d t h = " 3 6 5 " b o r d e r = " 0 " > < / p >
< / c e n t e r > < b l o c k q u o t e >
< p c l a s s = M s o N o r m a l s t y l e = ' m s o - m a r g i n - t o p - a l t : a u t o ; m s o - m a r g i n - b o t t o m - a l t : a u t o ;
l i n e - h e i g h t : n o r m a l ' > < s p a n s t y l e = ' f o n t - s i z e : 1 2 . 0 p t ; f o n t - f a m i l y : " T a h o m a " , " s a n s - s e r i f " ;
m s o - f a r e a s t - f o n t - f a m i l y : " T i m e s N e w R o m a n " ; c o l o r : # 3 3 3 3 3 3 ; m s o - f a r e a s t - l a n g u a g e :
R U ' >
< d d > >?@>AK, A2O70==K5 A < i > 4CE>2=>ABLN< / i > 8 < i > =@02AB25==>ABLN< / i > , 0:BC0;L=K 2> 2A5
2@5<5=0. < b r >
< d d > ;O ?@8<5@0 ?@8254Q< ;8HL 2 F8B0BK:
< b r >
< d d > & l a q u o ; '5< A>548=8B5 2K ;N459 4;O 4>AB865=8O 20H8E 3@0640=A:8E F5;59, 5A;8 =5B C 20A >A=>2K 2 ?5@2>=0G0;L=>9 25;8:>9 8455 =@02AB25==>9? & r a q u o ; - MB8 A;>20 ?@8=04;560B $. . >AB>52A:><C.
< b r >
< d d > & l a q u o ; CE>2=>5 548=AB2> =0@>40 8 >1J548=ONI85 =0A <>@0;L=K5 F5==>AB8 - MB> B0:>9 65 206=K9 D0:B>@ @0728B8O, :0: ?>;8B8G5A:0O 8 M:>=><8G5A:0O AB018;L=>ABL. #15645=, >1I5AB2> ;8HL B>340 A?>A>1=> AB028BL 8 @5H0BL <0AHB01=K5 =0F8>=0;L=K5 7040G8, :>340 C =53> 5ABL >1I0O A8AB5<0 =@02AB25==KE >@85=B8@>2& r a q u o ; - 0 MB> C65 A:070; ?>;B>@0 25:0 A?CABO @57845=B >AA88 . . CB8= 2 A2>Q< >A;0=88 $545@0;L=><C !>1@0=8N >AA89A:>9 $545@0F88 2 6 0?@5;O 2 0 0 7 3.
< b r >
< d d > 'B> 65 >7=0G0NB MB8 420 G0AB> C?>B@51;O5<KE ?>=OB8O - < i > 4CE>2=>ABL< / i > 8 < i > =@02AB25==>ABL< / i > ?
< b r >
< d d > & l a q u o ; CE>2=>5 =0G0;> G5;>25:0, - AG8B0; ;048<8@ 20=>28G 0;L, - A>AB>8B 87 42CE ?>;>28=: < b > C<AB25==>5< / b > , G5@57 :>B>@>5 @0A?>7=0QBAO < b > < i > 8AB8=0< / i > < / b > 8 < b > < i > ;>6L< / i > < / b > , 8 < b > =@02AB25==>5< / b > , G5@57 :>B>@>5 <K >ACI5AB2;O5< < b > < i > 4>1@> < / i > < / b > ( 1;03>) 8 < b > < i > 7;>< / i > < / b > ( EC4>) , ?@8 MB>< =@02AB25==K9 1KB G5;>25:0, ?> <=5=8N 0;O, 206=55 1KB0 25I5AB25==>3>& r a q u o ; .
< b r >
< d d > 4=0:> MB8 8AB8=K 1K;8 8725AB=K 5IQ A> 2@5<5= 3@5G5A:>9 0=B8G=>AB8. "0:, 4@52=53@5G5A:85 D8;>A>DK AG8B0;8 >B;8G8B5;L=K< ?@87=0:>< < i > G5;>25:0< / i > 53> < i > @07C<< / i > , ?>=8<0O ?>4 MB8< =5 B>;L:> A?>A>1=>ABL ?>7=020BL <8@, => 8 2>7<>6=>ABL 8A?>;L7>20BL < i > 7=0=8O< / i > 2 :0G5AB25 2KAH59, ?>A;54=59 8=AB0=F88 ?> 2A5< A?>@=K< 2>?@>A0< G5;>25G5A:>9 687=8. ><8<> < i > @07C<0< / i > =5 <5=LH55 7=0G5=85 >=8 ?@84020;8 4@C3><C :0G5AB2C G5;>25G5A:>9 ACI=>AB8 - A?>A>1=>AB8 : < i > <>@0;8< / i > . !?>@ <564C < i > @07C<><< / i > 8 < i > <>@0;LN< / i > 70 ?5@2>5 <5AB> 2 A8AB5<5 G5;>25G5A:8E F5==>AB59 1K; ?@54@5HQ= 4@52=8<8 3@5:0<8 2 ?>;L7C < i > @07C<0< / i > ?>AB0=>2:>9 2>?@>A0 >1 >1>A=>20=88 < i > <>@0;8< / i > .
< b r >
< d d > !>:@0B, =0?@8<5@, ?>;030;, GB> 4>1@>45B5;L=0O 687=L ?@O<> 7028A8B >B < b > 7=0=8O< / b > < i > 4>1@>45B5;8< / i > . 5A;8 :B>- B> 7=05B, 2 G5< 70:;NG05BAO < i > 4>1@>45B5;L< / i > 8 =5 A;54C5B 59, 7=0G8B, >= =5 AB@5<8BAO : < i > C4>2>;LAB28O<< / i > , < i > ?>;L75< / i > , < i > AG0ABLN< / i > . B>340 MB> ACI89 01AC@4, ?@8 :>B>@>< G5;>25: 8718@05B EC4H55, 0 =5 ;CGH55. 0: CB25@640;8 0=B8G=K5 <KA;8B5;8, 1KBL < i > C<=K<< / i > 8 1KBL < i > =@02AB25==K<< / i > - >4=> 8 B> 65. 5A;8 ;N48 =5 AB@5<OBAO : =@02AB25==> ?@5:@0A=><C 8 =5 871530NB =@02AB25==> 157>1@07=>3>, B> MB> O2;O5BAO A;54AB285< 8 2<5AB5 A B5< =5A><=5==K< 4>:070B5;LAB2>< B>3>, GB> >=8 =5 7=0NB, 2 GQ< A>AB>8B < i > =@02AB25==> ?@5:@0A=>5< / i > 8 < i > =@02AB25==> 157>1@07=>5< / i > .
< b r >
< d d > @8AB>B5;L 2 A2>Q 2@5<O 40; 420 >A=>2=KE >?@545;5=8O < i > G5;>25:0< / i > : < b > < i > G5;>25:< / i > < / b > - MB> 0) < i > @07C<=>5< / i > ( <KA;OI55) 8 1) ?>;8B8G5A:>5 ( B. 5. < i > >1I5AB25==>5< / i > ) ACI5AB2>.
< b r >
< d d > A2O78 A MB8< < i > <>@0;L< / i > - MB> >?B8<0;L=0O D>@<0 >ACI5AB2;5=8O < i > @07C<0< / i > 8 B>340, :>340 @5GL 84QB >1 >B45;L=>< 8=482845 8 B>340, :>340 @5GL 84QB > ?>;8A5 ( >1I5AB25, A>F8C<5) . !2>N ?;>BL >=0 >1@5B05B 2 < i > 4>1@>45B5;OE< / i > ?CBQ< A>>B=5A5=8O A ?@82KG=K<8 D>@<0<8 ?>;8A=>3> ( >1I5AB25==>3>) ?>2545=8O. =48284C0;L=0O < i > 4>1@>45B5;L=>ABL< / i > 8 >1I5AB25==0O < i > F5;5A>>1@07=>ABL< / i > 2708<=> >?8@0NBAO 4@C3 =0 4@C30. < i > >1@>45B5;L< / i > E>BO 8 2KABC?05B :0: D>@<0 < i > F5;5A>>1@07=>AB8< / i > , => ?>- >A>1><C, :0A0OAL, A >4=>9 AB>@>=K, G5;>25G5A:>3> E0@0:B5@0 2 F5;><, 0 A 4@C3>9, 687=8 2A53> >1I5AB20. B> 65 2@5<O A0<0 F5;5A>>1@07=>ABL >1I5AB25==>9 687=8 ?>445@68205BAO 4>1@>45B5;L=>ABLN 8=48284>2.
< b r >
< d d > !>25@H5==K9 < i > G5;>25:< / i > 8 A>25@H5==>5 < i > >1I5AB2>< / i > 2708<=> >1CA;>2;820NB 4@C3 4@C30. =8 >1@07CNB =5:89 :@C3, 345 < i > ?@8G8=0< / i > AB0=>28BAO < i > A;54AB285<< / i > 8 < i > A;54AB285< / i > AB0=>28BAO < i > ?@8G8=>9< / i > . 57 4>1@>45B5;L=>9 < i > ;8G=>AB8< / i > =5 <>65B 1KBL 4>1@>45B5;L=>3> < i > >1I5AB20< / i > . =0>1>@>B.
< b r >
< d d > > <=5=8N @8AB>B5;O < i > 4>1@>45B5;L=>ABL< / i > B>645AB25==0 < i > @07C<=>AB8< / i > , 0 < i > @07C<=>5< / i > B>645AB25==> < i > 4>1@>45B5;L=><C< / i > . -B> >7=0G05B, ?> :@09=59 <5@5, 425 25I8: 0) 2 AB@C:BC@5 4CH52=KE A8; < i > G5;>25:0< / i > 3>A?>4AB2CNI8<, C?@02;ONI8< =0G0;>< O2;O5BAO 7=0NI89 < i > @07C<< / i > ; 1) 2 >1I5AB25==>9 687=8 F5;5A>>1@07=>ABL A>2<5AB=>3> ?@>6820=8O >?@545;O5BAO < i > @07C<=>ABLN< / i > , :>B>@0O 7040QB =>@<C 8=48284C0;L=><C < i > MB>AC< / i > . >MB><C 2 A>>B25BAB288 A MB8<8 ?@8=F8?0<8 ;N1>5 4>1@>45B5;L=>5 459AB285 5ABL 459AB285, :>B>@>5 A>25@H5=> 2 A>3;0A88 A < i > @07C<><< / i > , ?@028;L=K< AC645=85<.
< b r >
< d d > "0:8< >1@07><, < i > @07C<< / i > 8 < i > <>@0;L< / i > A>3;0A=> 845O< :;0AA8G5A:>9 D8;>A>D88 =5@07@K2=K <564C A>1>9 8 A>AB02;ONB 548=>5 4CE>2=>5 =0G0;> F5;>AB=>9 ACB8 G5;>25:0, 345 ?>4 < i > @07C<><< / i > A;54C5B ?>=8<0BL 8=AB0=F8N, >B25BAB25==CN 70 < i > 7=0=8O< / i > , :;0AA8D8F8@CNICN AC645=8O ?> :@8B5@8N < i > 8AB8=K< / i > 8 ;68< i > , < / i > 0 ?>4 < i > <>@0;LN< / i > - 8=AB0=F8N, >B25BAB25==CN 70 F5;8, :;0AA8D8F8@CNICN 459AB28O ?> :@8B5@8N < i > 4>1@0< / i > 8 < i > 7;0< / i > . @8 MB>< < i > @07C<< / i > =5 ?@>AB> 40QB < i > 7=0=8O< / i > , >= >A25I05B ?CBL 687=8, ?@54AB02;O5B A>1>9 < u > G5;>25G5A:>5 =0G0;>< / u > 2 < b > G5;>25:5< / b > , 2 B> 2@5<O :0: 7040G0 < i > <>@0;8< / i > 70:;NG05BAO 2 B><, GB>1K A;CH0BLAO < i > @07C<0< / i > , A;54>20BL 53> C:070=8O<. 8B>35 < i > ?>7=0=85< / i > ?@82>48B : >1J5:B82=K<, >1I57=0G8<K< 2K2>40<, :>B>@K5 =5 AG8B0NBAO A AC1J5:B82=K<8 ?@8AB@0AB8O<8, >=8 ;8HL >BA5:0NB < i > 8AB8=C< / i > >B < i > ;68< / i > . MB>9 A2O78 < i > <>@0;L< / i > 8 ?@8720=0 ?@8=C48B5;L=>AB8 < i > ?>7=0=8O< / i > ?@840BL G5;>25G5A:CN C1548B5;L=>ABL, B@0=AD>@<8@>20BL @07;8G8O < i > 8AB8=K< / i > 8 < i > ;68< / i > 2 @07;8G8O < i > 4>1@0< / i > 8 < i > 7;0< / i > .
< b r >
< d d > A;8 < i > ?>2545=85< / i > =5 8<55B 8=KE >3@0=8G5=89, :@><5 B5E, :>B>@K5 =0;030NBAO < i > 7=0=85<< / i > 8 < i > F5;5A>>1@07=>ABLN< / i > , B> MB> :0: @07 8 >7=0G05B 53> < i > 2A54>72>;5==>ABL< / i > - >BACBAB285 87=0G0;L=> 7040==KE <>@0;L=KE ?@53@04.
< b r >
< d d > > MB>9 ?@8G8=5 =5>1E>48<> 2A5340 ?><=8BL > :0=B>2A:>< >1>A=>20=88 < i > <>@0;8< / i > , ?@5645 2A53> > B0:8E AC3C1> :0=B>2A:8E E0@0:B5@8AB8: < i > <>@0;8< / i > :0: 8458 < i > =@02AB25==>3> 70:>=0< / i > , 157CA;>2=>3> < i > 4>;30< / i > 8 < i > 4>1@>9< / i > 157 >3@0=8G5=8O < i > 2>;8< / i > . !0<8 ?> A515 >=8 O2;ONBAO 2 MB8:5 0=B0 =5 8B>3>2K<8 2K2>40<8, 0 8AE>4=K<8 ?>;>65=8O<8. =8 0?@8>@=K, 40=K 2<5AB5 A < i > @07C<><< / i > , ?@8B>< - 8 MB> 0=B >A>15==> ?>4G5@:8205B 2 & l a q u o ; A=>20E <5B0D878:8 =@02AB25==>AB8& r a q u o ; - & l a q u o ; 2 A0<>< >1K45==>< G5;>25G5A:>< @07C<5 B0: 65, :0: 8 2 8A:;NG8B5;L=> A?5:C;OB82=><& r a q u o ; . & l a q u o ; 064><C =5>1E>48<> A>3;0A8BLAO A B5<, - AG8B0; 0=B, - GB> 70:>=, 5A;8 >= 4>;65= 8<5BL A8;C <>@0;L=>3> 70:>=0, B> 5ABL 1KBL >A=>2>9 < i > >1O70B5;L=>AB8< / i > , =5?@5<5==> A>45@68B 2 A515 01A>;NB=CN < i > =5>1E>48<>ABL< / i > & r a q u o ; .
< b r >
< d d > B0:, 4;O ?@028;L=>3> B>;:>20=8O ?>=OB89 < i > 4CE>2=>ABL< / i > 8 < i > =@02AB25==>ABL< / i > A;54C5B ?>;L7>20BLAO A;54CNI8<8 >?@545;5=8O<8, A>G5B0NI8<8 :;0AA8G5A:85 ?>4E>4K A A>2@5<5==K<8, 0 8<5==>:
< b r >
< d d > < b > 07C<< / b > - ( :0: C65 3>2>@8;>AL) MB> C<, A?>A>1=>ABL >A<KA;5=8O 8 ?>=8<0=8O @50;89 459AB28B5;L=>AB8 2 E>45 D>@<8@>20=8O ?>78B82=KE C@>2=59 A>7=0=8O; C<5=85 =5 B>;L:> >B;8G8BL 8AB8==>5 >B ;>6=>3>, 4>1@> >B 7;0, F5==>AB8 >B ?>@>:>2, =>>AD5@=>5 >B =530AD5@=>3>, => 8 CB>G=OBL =5OA=K5 ?>=OB8O, A>74020BL, B2>@8BL =>2K5, 2AQ 1>;55 >1>30I0O B5< A0<K< >1I5G5;>25G5A:85 7=0=8O.
< b r >
< d d > < b > < i > AB8=0< / i > < / b > , ?> 0;N - MB> & l a q u o ; ?@>B82>?>;>6=>ABL ;68, 2AQ GB> 25@=>, ?>4;8==>, B>G=>, A?@0254;82>, GB> 5ABL& r a q u o ; . =K<8 A;>20<8, MB> 045:20B=>5 >B>1@065=85 2 =0CG=> >1@07>20==>< A>7=0=88 B>3>, GB> ACI5AB2C5B >1J5:B82=>.
< b r >
< d d > A2>N >G5@54L, < b > < i > ;>6L< / i > < / b > - MB> >1<0=, =5?@0240, 2AQ, GB> ?@>B82=> < i > 8AB8=5< / i > .
< b r >
< d d > < b > @02AB25==>ABL< / b > , 2 A2>N >G5@54L, ?@54AB02;O5B A>1>9 2=CB@5==85, 4CE>2=K5 :0G5AB20, :>B>@K<8 @C:>2>4AB2C5BAO G5;>25:, >1;040O GC2AB20<8 < i > >B25BAB25==>AB8< / i > , < i > 3>@4>AB8< / i > 8 < i > ABK40< / i > 8 >?8@0OAL =0 7=0=8O < i > 4>1@0< / i > 8 < i > 7;0< / i > , MB8G5A:85 =>@<K; ?@028;0 < i > 1;03>?@8AB>9=>3>< / i > ?>2545=8O, >?@545;O5<K5 MB8<8 :0G5AB20<8 8 ?>;CG5==K5 2 @57C;LB0B5 =@02AB25==KE =0AB02;5=89, =@02>CG5=89.
< b r >
< d d > KBL < b > < i > >B25BAB25==K<< / i > < / b > >7=0G05B 1KBL < i > >1O70B5;L=K<< / i > 8 8<5BL 2KA>:> @0728B>5 < i > GC2AB2> 4>;30< / i > , 2;5:CI55 G5;>25:0 < i > 4>1@>A>25AB=>< / i > >B=>A8BLAO : A2>8< >1O70==>ABO<, 3>B>2=>ABL 2 ;N1>9 <><5=B >BG8B0BLAO 70 A2>8 459AB28O 8 ?>ABC?:8, <>B828@CO 8E A ?>78F89 2KA>:>9 <>@0;8.
< b r >
< d d > < b > < i > >@4>ABLN< / i > < / b > O2;O5BAO GC2AB2> A>1AB25==>3> 4>AB>8=AB20, A0<>C2065=8O 8;8 C4>2;5B2>@5=8O 70 A45;0==>5 A0<8< 8;8 :5<- B> 87 4@C759, @>4=KE, A>>B5G5AB25==8:>2. @57C;LB0B5 ?>O2;O5BAO 3>@4>ABL 70 1;87:8E, 70 AB@0=C 8 B. 4.
< b r >
< d d > < b > < i > !BK4><< / i > < / b > AG8B05BAO GC2AB2>, A>?@>2>6405<>5 < i > 70AB5=G82>ABLN< / i > , < i > AB5A=8B5;L=>ABLN< / i > 4> 2K@065=8O A8;L=>3> < i > A<CI5=8O< / i > , < i > @0A:0O=8O< / i > >B A>7=0=8O ?@54>AC48B5;L=>AB8 ?>ABC?:0, 28=K 8;8 ?>7>@0 8 C=865=LO 2 3;070E ;N459. !BK4 <>65B 1KBL 70 A51O 8;8 70 :>3>- B> 4@C3>3> 2?;>BL 4> =0F8>=0;L=>3> C@>2=O.
< b r >
< d d > >4 < b > < i > 4>1@><< / i > < / b > , A>3;0A=> 0;N, A;54C5B ?>=8<0BL & l a q u o ; 1;03>, 2AQ GB> G5AB=> 8 ?>;57=>, 2AQ G53> B@51C5B >B =0A 4>;3, G5;>25:0, 3@0640=8=0, A5<LO=8=0, ?@>B82>459AB285 7;C& r a q u o ; . "0:8< >1@07><, < i > 4>1@>< / i > - MB> 2AQ ?>;>68B5;L=>5, E>@>H55, ?>;57=>5, ?@>B82>?>;>6=>5 < i > 7;C< / i > 8 2K@065==>5 2 45;0E, A;>20E 8 ?>ABC?:0E.
< b r >
< d d > < b > < i > ;>< / i > < / b > , A>>B25BAB25==> - MB> =5GB> 4C@=>5, 2@54=>5, ?@>B82>?>;>6=>5 4>1@C; 1540, =5AG0ABL5, =5?@8OB=>ABL, =54>1@>65;0B5;LAB2> 8 B. ?.
< b r >
< d d > 0: < i > @07C<< / i > , B0: 8 < i > =@02AB25==>ABL< / i > 7028AOB >B AB5?5=8 @0728B>AB8 < i > 3>;>2=>3> <>730< / i > B>3> 8;8 8=>3> G5;>25:0, AD>@<8@>20==>AB8 53> 8=48284C0;L=>3> A>7=0=8O 8 A?>A>1=>AB8 : 045:20B=>9 @5D;5:A88 53> ?A8E8:8. <5==> MB8< >?@545;O5BAO A>>B25BAB285 40==>3> < i > 8=482840< / i > A>2@5<5==K< :0G5AB25==K< ?0@0<5B@0< =>@<0;L=>3> 74>@>2>3> < b > < i > G5;>25:0< / i > < / b > . ?@>B82=>< A;CG05 AB0BCA=>5 720=85 < i > G5;>25:0< / i > >= =>A8B 25AL<0 CA;>2=>, :0: =5 4>AB83H89 ?>;=>F5==>9 <5=B0;L=>9 7@5;>AB8.
< / p >
< p >
< d d > @8@>40 < b > < i > =@02AB25==>AB8< / i > < / b > , :0: 206=59H53> =0@O4C A < i > @07C<><< / i > ?0@0<5B@0 G5;>25G5A:>3> < i > <5=B0;8B5B0< / i > , >B:@K205BAO 2 459AB28OE ;N459, 2 8E < i > ?>2545=88< / i > , :>B>@K5 2K7K20NB < i > >4>1@5=85< / i > 8;8 < i > >AC645=85< / i > . >MB><C ?@8 0=0;875 ;N1>3> ?>2545=G5A:>3> 459AB28O 8=482840 ?@5645 2A53> @0AA<0B@8205BAO, =0A:>;L:> 2 53> >A=>25 70;>65= < i > =@02AB25==K9 ?@8=F8?< / i > .
< b r >
< d d > MB>< A;CG05 =5;L7O >1>9B8AL 157 ?>=OB8O < b > < i > A>25ABL< / i > < / b > , :>B>@>5 A 402=8E ?>@ B@0:BC5BAO :0: < i > ABK4< / i > ?5@54 4@C38<8, 1>O7=L =0=5AB8 8< CI5@1, =5 >:070BL 8< 4>AB0B>G=>3> ?>GB5=8O, 70AB5=G82>ABL, B. 5. 1>O7=L >:070BLAO 2 ;>6=>< ?>;>65=88 ?5@54 4@C38<8. #G5=8: @8AB>B5;O "5>D@0AB B0: 2:@0BF5 >E0@0:B5@87>20; < i > A>25ABL< / i > : & l a q u o ; <59 ABK4 ?5@54 A0<8< A>1>9, 8 B515 =5 ?@84QBAO :@0A=5BL ?5@54 4@C38<8& r a q u o ; .
< b r >
< d d > 8;L35;L< (2515;L ?8A0; ?> MB><C ?>2>4C: & l a q u o ; #?@02;OBL ?@8 ?><>I8 70:>=>2 ;53G5 2A53> B>340, :>340 A;54AB285< 8E =5A>1;N45=8O O2;O5BAO C3@K75=85 A>25AB8& r a q u o ; .
< b r >
< d d > 4=0:> 1>;55 ?>;=> < b > A>25ABL< / b > >?@545;O5BAO :0: ?>=OB85 <>@0;L=>3> A>7=0=8O, 2=CB@5==59 C1564Q==>AB8 2 B><, GB> O2;O5BAO < i > 4>1@><< / i > 8 < i > 7;><< / i > , A>7=0=85 =@02AB25==>9 >B25BAB25==>AB8 70 A2>Q ?>2545=85; 2K@065=85 A?>A>1=>AB8 ;8G=>AB8 >ACI5AB2;OBL =@02AB25==K9 A0<>:>=B@>;L =0 1075 AD>@<C;8@>20==KE 2 40==>< >1I5AB25 < i > =>@<< / i > 8 < i > ?@028; ?>2545=8O< / i > , A0<>AB>OB5;L=> D>@<C;8@>20BL 4;O A51O 2KA>:85 < i > =@02AB25==K5 >1O70==>AB8< / i > , B@51>20BL >B A51O 8E 2K?>;=5=8O 8 ?@>872>48BL A0<>>F5=:C A>25@H05<KE ?>ABC?:>2 A 2KA>B <>@0;8 8 =@02AB25==>AB8.
< / p >
< p >
< d d > >?@>AK A>25@H5=AB2>20=8O < i > ?>2545=8O< / i > < i > ;N459< / i > , @>ABC 8E < i > 4CE>2=>AB8< / i > 8 < i > =@02AB25==>AB8< / i > , =0CG5=8N 2KA>:>9 < i > :C;LBC@5< / i > 8 4>AB>9=K< <0=5@0< ?>A@54AB2>< < i > 2>A?8B0=8O< / i > AB>O;8 ?5@54 G5;>25G5AB2>< ?@O<> 8;8 :>A25==> 2> 2A5 2@5<5=0 8 1K;8 2 F5=B@5 2=8<0=8O 2A5E @5;8389, <8@>2>77@5=89 8 D8;>A>DA:8E H:>; 8 B5G5=89: >B O7KG5AB20 ( ?>;8B587<0) 8 8C4087<0 4> A>2@5<5==KE MB8G5A:8E 2>77@5=89 8 ?@>3@0<< 2>A?8B0=8O, 2:;NG0O =0CG=K5 8 =5=0CG=K5, G0AB=K5, >1I5AB25==K5 8;8 3>AC40@AB25==K5, A25BA:85 8 F5@:>2=K5 ( @5;838>7=K5, A5:B0=BA:85) 8 B. 4.
< b r >
< d d > !@548 2A53> <=>65AB20 8 <=>3>>1@078O MB8G5A:8E ?>4E>4>2, ACI5AB2>202H8E 8 4> A8E ?>@ ACI5AB2CNI8E 2 2>?@>A0E < i > 2>A?8B0=8O< / i > 8 < i > ?>2545=8O< / i > 8=48284>2, E>B5;>AL 1K ?5@5G8A;8BL 8 >B<5B8BL >A=>2=K5, >:0702H85 8 >:07K20NI85 =081>;55 7=0G8B5;L=>5 2;8O=85 =0 ?>2545=85 >B45;L=KE ;N459, ?>;8B8G5A:8E 8 A>F80;L=KE 3@C??, =0@>4>2 8 =0@>4=>AB59, =0F89 8 F828;870F89, G5@54CNI8EAO ?>:>;5=89 G5;>25G5AB20 2 F5;>< =0 ?@>BO65=88 <=>38E 25:>2 53> @0728B8O, =>, ?@5645 2A53> B5 87 =8E, :>B>@K5 =081>;55 0:B82=> 2>7459AB2CNB =0 ?>2545=85 68B5;59 ?;0=5BK 5<;O 2 =0AB>OI55 2@5<O.
< b r >
< d d > "0:, 87 8AB>@88 8725AB=>, GB> < b > < i > ?>2545=85< / i > < / b > 4@52=8E =0@>4>2 8 F828;870F89 =0E>48;>AL ?>4 2;8O=85< @07;8G=KE O7KG5A:8E @5;8389 8 70G0B>G=KE =0CG=KE 845>;>389, 1>;LH8=AB2> 87 :>B>@KE : =0AB>OI5<C 2@5<5=8 AB02H8E @5;8:B>2K<8, E>BO =5:>B>@K5 8E 8458 >AB0NBAO 74@02K<8 8 ?@83>4=K<8 4> A8E ?>@ 4;O < i > 2>A?8B0B5;L=>3> 2>7459AB28O< / i > =0 <>;>4K5 ?>:>;5=8O ;N459. A5 MB8 2>77@5=8O 1078@>20;8AL =0 <8D>;>38G5A:8E ?@54AB02;5=8OE :0: B5>;>38G5A:>3>, B0: 8 A25BA:>3> E0@0:B5@0 > <5AB5 < i > G5;>25:0< / i > 2 <8@5 8, :0: ?@028;>, =5 ?@54AB02;O;8 A>1>9 F5;>AB=>3> <8@>2>77@5=8O.
< b r >
< d d > 5<=K5 ?>@O4:8 A>3;0A=> 1>;LH8=AB2C 4@52=8E <8D>2 1K;8 ?@>4>;65=85< >1I5<8@>2KE, :>A<8G5A:8E ?>@O4:>2, 8<5NI8E 1>65AB25==>5 ?@>8AE>645=85. !>F80;L=K5 8 ?>;8B8:>- ?@02>2K5 ?>@O4:8, =0 :>B>@KE 1078@>20;8AL A>>B25BAB2CNI85 2>A?8B0B5;L=K5 ?@>F5AAK, ?@54?>;030;8AL :0: 2KH54H85 87 1>65AB25==>3> ?5@2>8AB>G=8:0. !CI5AB2CNI89 ?>;8B8:>- ?@02>2>9, 0 7=0G8B, 8 ?>2545=G5A:89 ?>@O4>: ;538B8<878@>20;AO 1>65AB25==K< 02B>@8B5B><. 8D 2 B5G5=85 <=>38E 25:>2 4065 =5 ?>425@30;AO A><=5=8N.
< b r >
< d d > <8D0E @O40 =0@>4>2 3>2>@8BAO > ?5@2>=0G0;L=>< =5?>A@54AB25==>< ?@02;5=88 1>3>2, :>B>@K5 70B5< =0CG8;8 ;N459 8A:CAAB2C C?@02;5=8O 8 ?5@540;8 2;0ABL 75<=K< ?@028B5;O<. "0:, =0?@8<5@, CB25@640;8 4@52=5538?5BA:85 6@5FK, 2K2>4O ?@>8AE>645=85 ?5@2KE D0@0>=>2 >B 1>3>2 ( & l a q u o ; D0@0>= - AK= !>;=F0& r a q u o ; ) . ?>4B25@645=85 1>65AB25==>AB8 ?@028B5;59 @52=53> 38?B0 8 ?>2KH5=8O 8E 02B>@8B5B0 AB@>8;8AL 25;8G5AB25==K5 ?8@0<84K 8 E@0<K.
< b r >
< d d > "0:65 8 2 4@52=53@5G5A:>9 <8D>;>388 ?5@2>=0G0;L=K<8 ?@028B5;O<8 8 70:>=>40B5;O<8 O2;ONBAO 1>38- >;8<?89FK ( @>=>A, 52A, >A594>=, D8=0 8 4@. ) .
< b r >
< d d > !>3;0A=> 4@52=52028;>=A:8< 8 4@52=58=489A:8< <8D0<, 1>38, O2;OOAL 8AB>G=8:0<8 2;0AB8 ?@028B5;O, 2<5AB5 A B5< 8 A0<8 ?@>4>;60NB >AB020BLAO 25@H8B5;O<8 75<=KE 45; 8 ;N4A:8E AC451.
< b r >
< d d > > 4@52=5:8B09A:><C <8DC B>;L:> 8<?5@0B>@ A?>A>15= =0 >1I5=85 A =515A=K<8 A8;0<8, 8 B0:8< >1@07>< 2AO 2;0ABL A:>=F5=B@8@>20=0 2 53> ;8G=>AB8.
< b r >
< d d > !?@0254;82>ABL 8 ?@02>AC485 2 @52=5< 38?B5 >;8F5B2>@O;0 1>38=O 00B, AC451=K5 G8=>2=8:8 O2;O;8AL 5Q 6@5F0<8. 5<=0O 2;0ABL ( D0@0>=, 6@5FK, G8=>2=8:8) , ?@02> 1K;8 A0:@0;87>20=K. !G8B0;>AL, GB> 2A5 ACI5AB2CNI85 ?@02>2K5 =>@<K 4>;6=K A>>B25BAB2>20BL 00B - 5AB5AB25==>- 1>65AB25==><C ?>@O4:C A?@0254;82>AB8 ( >G5=L ?>E>65 =0 4@52=5:8B09A:>5 & l a q u o ; 40>& r a q u o ; , 4@52=53@5G5A:>5 & l a q u o ; 48:5& r a q u o ; 8 ?@. ) . !G8B0;>AL, GB> B>;L:> < i > A?@0254;82>5 ?>2545=85< / i > 2 75<=>9 687=8 ?><>65B 4>18BLAO <8;>AB8 1>3>2 2 703@>1=>9 687=8.
< b r >
< d d > & l a q u o ; >CG5=88 B0E>B5?0& r a q u o ; ( X X V I I I 2. 4> =. M. , ?>A;0=85 ?@028B5;O A2>5<C =0A;54=8:C) CB25@6405BAO ?><8<> C:070==>3> 845O 5AB5AB25==>3> @025=AB20 2A5E A2>1>4=KE ( & l a q u o ; =5B @>64Q==>3> <C4@K<& r a q u o ; ) . 459AB28B5;L=>, 2 @52=5< 38?B5 =5 1K;> 65AB:>3> :0AB>2>3> 45;5=8O >1I5AB20.
< b r >
< d d > "5>;>38G5A:0O :>=F5?F8O 2;0AB8 2AOG5A:8 ?@>42830;0AL 2 <0AAK G8=>2=8:0<8 8 6@5F0<8, 708=B5@5A>20==K<8 2 A>E@0=5=88 8 C:@5?;5=88 A2>59 2;0AB8.
< b r >
< d d > >:@>28B5;5< A?@0254;82>AB8 2 @52=5< 028;>=5 2KABC?0; 1>3 (0<0H. @02>=0@CH5=85 =07K20;>AL ?5@5ABC?;5=85< & l a q u o ; AB578 (0<0H0& r a q u o ; . 028;>=A:85 ?@028B5;8 8 70:>=>40B5;8 =0AB>9G82> ?>4G5@:820;8 1>65AB25==K9 ( 0, A;54>20B5;L=>, =587<5==K9) E0@0:B5@ A2>59 2;0AB8 8 A2>8E 70:>=>2, @53C;8@CNI8E ?>2545=85 =0A5;5=8O. /@:89 ?@8<5@ - 0:>=K %0<<C@0?8 ( X V I I I 2. 4> =. M. ) . %0<<C@0?8 87>1@078; A2>5 70:>=>40B5;LAB2> :0: 40==>5 (0<0H5<. !?@0254;82>ABL ?> %0<<C@0?8 ?>4@07C<520;0 1>65AB25==K< 45;5=85 ;N459 =0 A2>1>4=KE 8 15A?@02=KE @01>2, A2>1>4=K5, 2 A2>N >G5@54L, 1K;8 =5@02=>?@02=K, 8E ?@02>2>9, 0 7=0G8B, ?>2545=G5A:89 AB0BCA 7028A5; >B ?@8=04;56=>AB8 : B><C 8;8 8=><C A>A;>28N.
< b r >
< d d > 8D8G5A:85 ?@54AB02;5=8O 4@52=8E ?5@A>2 =0H;8 A2>5 2K@065=85 2 7>@>0AB@87<5, ;535=40@=K9 >A=>20B5;L :>B>@>3> 0@0BCAB@0 68; ?@54?>;>68B5;L=> 2 V I I I 2. 4> =. M. A=>2=K< ?>;>65=85< 7>@>0AB@87<0 O2;O5BAO 1>@L10 2 <8@5 42CE ?@>B82>?>;>6=KE =0G0; - 4>1@0 ( @<C74) 8 7;0 ( @8<0=) . >;>68B5;L=K9 A<KA; 8 F5;L G5;>25G5A:>3> 1KB8O - 0:B82=0O 45OB5;L=>ABL, 1>@L10 ?@>B82 7;0 8 BL<K. ?>1540 >AB0=5BAO 70 4>1@>< 8 A25B>< - B0: 3>2>@8; 0@0BCAB@0. 3>AC40@AB2> 4>;6=> 1KBL 75<=K< 2>?;>I5=85< =515A=>3> F0@AB20 @<C740, <>=0@E 4>;65= 1KBL A;C68B5;5< @<C740, 1>@>BLAO ?@>B82 7;0, =0A0640BL 4>1@>. @8 MB>< 4@52=85 ?5@AK A:;>=O;8AL : F5;5A>>1@07=>AB8 45A?>B87<0 ( =025@=>5, GB>1K A?>4@CG=55 1K;> 1>@>BLAO A @8<0=><) .
< b r >
< d d > !>A;>2=>5 45;5=85 >1I5AB20 ?> 7>@>0AB@87<C >A=>2K205BAO =0 A2>1>4=>< 2K1>@5 ( ! ) :064K< B>3> 8;8 8=>3> @>40 70=OB89. > 3;025 >B45;L=KE A>A;>289 4>;6=K AB>OBL =081>;55 4>1@>45B5;L=K5 ;N48. 0@0BCAB@0 ?@87K20; A;C68B5;59 @<C740 : 2708<=>9 ;N128, ?@>I5=8N 8 <8@C.
< b r >
< d d > 0:>=K 0=C, :>B>@K5 >B=>AOBAO : ?5@8>4C I I 2. 4> =. M. - I I 2. =. M. , BI0B5;L=> ( 0 ?>@>9 4065 <5;>G=>) @53;0<5=B8@>20;8 ?>2A54=52=CN 687=L :064>3> 8=4CA0. 0:>=0E 0=C 2>A?@>872>4OBAO 8 70I8I0NBAO ?>;>65=8O 254 8 C?0=8H04 ( @5;838>7=>- D8;>A>DA:8E B@0:B0B>2, :><<5=B8@CNI8E 2548G5A:85 B5:ABK) > 45;5=88 >1I5AB20 =0 20@=K, 8E =5@025=AB25 8 B. 4.
< b r >
< d d > =>3> 2=8<0=8O 2 0:>=0E C45;O5BAO >1>A=>20=8N @C:>2>4OI53> ?>;>65=8O 1@0E<0=>2 8 8A:;NG8B5;L=><C E0@0:B5@C 8E ?@02 2 2>?@>A0E CAB0=>2;5=8O, B>;:>20=8O 8 70I8BK 4E0@<K. E0@<0 - C=825@A0;L=0O < s p a n > < i > =>@<0 ?>2545=8O< / i > 8=4CA0, 7028AOI0O >B 53> 2>7@0AB0 8 20@=K. 065 F0@L ( 87 :H0B@852) 4>;65= GB8BL 1@0E<0=>2 8 A;54>20BL 8E A>25B0< 8 =0AB02;5=8O<, >= 4>;65= >E@0=OBL 20@=>2K9 AB@>9.
< b r >
< d d > A>1>5 7=0G5=85 ?@840QBAO 40=45 - =0:070=8N, :>B>@>5 70AB02;O5B ;N459 A;54>20BL 8725G=>9 4E0@<5. 0;>65=85 40=4K - >1O70==>ABL F0@O. 0@CH8B5;59 4E0@<K, ?><8<> 40=4K, 64QB 703@>1=0O :0@0.
< b r >
< d d > 0G0B:8 845>;>388 1@0E<0=87<0 2AB@5G0NBAO C65 2 @O45 4@52=58=489A:8E ?0<OB=8:>2, >B=>AOI8EAO :> I I BKAOG5;5B8N 4> =. M. 8 8<5=C5<KE 2 F5;>< 2540<8 ( A0=A:@. - & l a q u o ; 7=0=85& r a q u o ; ) . "0< 3>2>@8BAO > 45;5=88 ;N459 =0 4 20@=K, :>B>@K5 A>740=K 1>30<8 87 C@CH8 ( <8@>2>3> B5;0 8 4CE0, ?5@2>G5;>25:0) : & l a q u o ; . . . 1@0E<0=>< AB0;8 53> CAB0, @C:8 - :H0B@85<, 53> 154@0 AB0;8 209HL59, 87 =>3 2>7=8: HC4@0& r a q u o ; . -B> >?@545;8;> =0 <=>385 25:0 :0AB>2>5 45;5=85 8=489A:>3> >1I5AB20.
< b r >
< d d > !@548 254 <>6=> 2K45;8BL & l a q u o ; 83254C& r a q u o ; ( A>1@0=85 38<=>2) 8 & l a q u o ; BE0@20254C& r a q u o ; ( A1>@=8: 703>2>@>2 8 70:;8=0=89) . !B@>5=85 >1I5AB20 ( B. 5. ?@020 8 >1O70==>AB8 ?@54AB028B5;59 @07;8G=KE 20@=) >?@545;O5B <8@>2>9 70:>= ( & l a q u o ; @8B0& r a q u o ; ) . A5 G;5=K 20@= ;8G=> A2>1>4=K ( @01K =0E>48;8AL 2=5 :0AB>2>3> AB@>O) , => =5@02=>?@02=K. ?@828;538@>20==>< ?>;>65=88 =0E>48;8AL 1@0E<0=K ( 6@5FK, 4CE>2=0O 2;0ABL) 8 :H0B@88 ( 2>8=K, A25BA:0O 2;0ABL) .
< b r >
< d d > 4@52=58=489A:8E 2540E A>45@60;>AL 2 ?>4E>40 : ?>O2;5=8N F0@A:>9 2;0AB8: 8;8 A>740=85 ?@028B5;O 1>30<8 ( CG@5645=85 53> 2;0AB8 ?> 2>;5 1>3>2) ; 8;8 871@0=85 ?@028B5;O ;N4L<8 A ?>A;54CNI8< CB25@645=85< 1>30<8. >A?>4AB2>20;0 ?0B@80@E0;L=0O :>=F5?F8O 3>AC40@AB25==>9 2;0AB8: ?@028B5;L O2;O5BAO >BF>< 4;O A2>8E ?>440==KE, >= 4>;65= 701>B8BLAO > =8E, >4=0:> =5A5B >B25BAB25==>ABL =5 ?5@54 =8<8, 0 ?5@54 1>30<8.
< b r >
< d d > & l a q u o ; @BE0H0AB@C& r a q u o ; 0CB8;L8 >B=>AOB : M?>E5 8<?5@88 0C@L52 ( I V - I I I 22. 4> =. M. ) , ?> D>@<5 MB> - =0AB02;5=85 8A:CAAB2C C?@02;5=8O. & l a q u o ; @BE0H0AB@0& r a q u o ; 2> <=>3>< A2>1>4=0 >B @5;838>7=KE 4>3< 1@0E<0=87<0, @50;8AB8G=0 8 @0F8>=0;8AB8G=0. 0CB8;LN ( 25;L<>6C ?@8 42>@5 F0@O '0=4@03C?BK) 70 53> @0F8>=0;8AB8G=CN & l a q u o ; @BE0H0AB@C& r a q u o ; 4065 =07K20;8 8=489A:8< 0:8025;;8.
< b r >
< d d > & l a q u o ; @BE0H0AB@5& r a q u o ; , =0@O4C A B@048F8>==K< ?85B5B>< : 4E0@<5, O2=>5 ?@54?>GB5=85 2AQ 65 >B40QBAO ?@0:B8G5A:>9 ?>;L75 ( 0@BE5) 8 >1CA;>2;5==K< 5N ?>;8B8G5A:8< <5@>?@8OB8O< 8 04<8=8AB@0B82=>- 2;0AB=K< CAB0=>2;5=8O<.
< / p >
< p >
< d d > 725AB=K< A2>5>1@0785< >B;8G0;8AL @5;838>7=>- <8D>;>38G5A:85 ?@54AB02;5=8O 4@52=8E 52@552, 45;0O < b > < i > 8C4087<< / i > < / b > 8A:;NG5=85< 2 G5@545 O7KG5A:8E @5;8389, ACI5AB2>202H8E 2 B5 40;5:85 2@5<5=0. 4=8< 87 >A=>2=KE 53> ?>;>65=89 1K;0 845O > 2A5>1I5< @025=AB25 ?5@54 < b > 548=K< >3><< / b > =57028A8<> >B ?@>8AE>645=8O 8 ?>;>65=8O 2 >1I5AB25. > 8E 25@A88 548=K9 8AB8==K9 1>3 =0E>48BAO 2 >A>1>< 4>3>2>@=>< >B=>H5=88 A> 2A5< 52@59A:8< =0@>4><, O2;OOAL 53> 25@E>2=K< F0@Q<, 8 >B =53> ?@>8AE>4OB 70:>=K ( 70:>=>40B5;LAB2> >8A5O) .
< b r >
< d d > 0 ?@>BO65=88 4>;38E 25:>2 52@58 8A?>254>20;8 A2>N 25@C, >B;8G0NICNAO >B 4@C38E ?@5645 2A53> & l a q u o ; MB=8G5A:8< F5=7><& r a q u o ; , B. 5. B5<, GB> 548=AB25==> =5>1E>48<K< CA;>285< 4;O B>3>, GB>1K AB0BL < i > 8C455<< / i > , O2;O5BAO >1O70B5;L=0O ?@8=04;56=>ABL : & l a q u o ; >3>871@0==><C =0@>4C& r a q u o ; .
< b r >
< d d > "0: 8;8 8=0G5, => 8AB>@8G5A:8 >4=8<8 87 A0<KE @0==8E C?>@O4>G5==KE < i > ?@028; ?>2545=8O ;N459< / i > , 4>H54H8<8 4> =0A 8 4> A8E ?>@ 8A?>;L7C5<KE 2 < i > 2>A?8B0B5;L=KE< / i > F5;OE, A;54C5B AG8B0BL< b > < / b > H8@>:>8725AB=K5< b > 1 0 < / b > 25BE>7025B=KE< b > 70?>25459 < / b > >8A5O, >B=>AOI85AO : X V I 25:C 4> =. M. >B >=8:
< o l t y p e = " 1 " s t a r t = " 1 " >
< l i > & l a q u o ; / >A?>4L, >3 B2>9, 40 =5 1C45B C B51O 4@C38E 1>3>2 ?@54 ;8F5< >8<& r a q u o ;
< l i > & l a q u o ; 5 A>B2>@8 A515 :C<8@0, 8 2AO:>3> ?>4>18O, 5;8:0 =0 =515A8 3>@5, 8 5;8:0 =0 75<;5 =87C, 8 5;8:0 2 2>40E, ?>4 75<;5N: 40 =5 ?>:;>=8H8AO 8<, =8 ?>A;C68H8 8<& r a q u o ;
< l i > & l a q u o ; 5 ?@>87=>A8 8<5=8 >A?>40 >30 B2>53> 2AC5& r a q u o ;
< l i > & l a q u o ; ><=8 45=L AC11>B=89, GB>1K A2OB8BL 53>; H5ABL 4=59 @01>B09 8 45;09 ( 2 =8E) 2AO:85 45;0 B2>8, 0 45=L A54L<>9 AC11>B0 >A?>4C, >3C B2>5<C& r a q u o ;
< l i > & l a q u o ; 'B8 >BF0 B2>53> 8 <0B5@L B2>N, 40 1;03> B515 1C45B, 8 40 4>;3>;5B5= 1C45HL =0 75<;5& r a q u o ;
< l i > & l a q u o ; 5 C18209& r a q u o ;
< l i > & l a q u o ; 5 ?@5;N1>459AB2C9& r a q u o ;
< l i > & l a q u o ; 5 :@048& r a q u o ;
< l i > & l a q u o ; 5 ?@>87=>A8 ;>6=>3> A2845B5;LAB20 =0 1;86=53> B2>53>& r a q u o ;
< l i > & l a q u o ; 5 65;09 4><0 1;86=53> B2>53>; =5 65;09 65=K 1;86=53> B2>53>, [ =8 ?>;O 53>] =8 @010 53>, =8 @01K=8 53>, =8 2>;0 53>, =8 >A;0 53>, [ =8 2AO:>3> A:>B0 53>] =8G53>, GB> C 1;86=53> B2>53>& r a q u o ; < / o l >
< p >
< d d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
< b r >
< d d > 4=>9 87 >A=>2=KE :0=>=8G5A:8E :=83 2 < i > 8C4087<5< / i > ?@87=05BAO "0=0E ( 5BE89 025B 81;88) , 206=59H59 G0ABLN :>B>@>3> O2;O5BAO < i > ">@0< / i > , 8;8 OB8:=8685 >H5 ( >8A5O) . I I I 25:5 =. M. 8C459A:8<8 1>3>A;>20<8 1K;8 =0?8A0=K :><<5=B0@88 : ">@5, ?>;CG82H85 =0720=85 8H=0 ( ?>2B>@5=85 70:>=0) . 0B5< 1K;0 A>AB02;5=0 5I5 >4=0 :=830 - <0@0, =07=0G5=85 :>B>@>9 - C3;C1;5==>5 :><<5=B8@>20=85 8H=K. 8H=0 8 <0@0 2<5AB5 A>AB02;ONB < i > "0;<C4< / i > . ">@0 8 "0;<C4 @53;0<5=B8@CNB 2A5 AB>@>=K 687=8 @5;838>7=>3> 52@5O, 2 B>< G8A;5 8 B5, :>B>@K5 2 4@C38E @5;838OE >1KG=> AG8B0NB >B=>AOI8<8AO : AD5@5 MB8:8, <>@0;8, 3@0640=A:>3> 8 C3>;>2=>3> ?@020. "0;<C45 @07;8G0NB 30;0EC 8 0304C, :>B>@K5 ?5@5?;5B0NBAO 4@C3 A 4@C3><. 0;0E0 - MB> 70:>=, :0A0NI89AO @5;838>7=>9, A5<59=>9, 3@0640=A:>9 687=8. 3040 >?@545;O5B 4CE>2=K5 >A=>2K < i > 8C4087<0< / i > .
< b r >
< d d > 'B5=85 "0;<C40 ?>G8B05BAO :0: 25AL<0 >B25BAB25==>5 70=OB85, @07@5H05<>5 B>;L:> A0<8< 52@5O<. B@0:B0B5 & l a q u o ; !8=54@8>=& r a q u o ; 3>2>@8BAO: & l a q u o ; 552@59, 87CG0NI89 "0;<C4, 70A;C68205B A<5@B8& r a q u o ; .
< b r >
< d d > ;02=>9 >A>15==>ABLN 8C4087<0 O2;O5BAO CG5=85 >1 >A>1>9 @>;8 52@59A:>3> =0@>40. & l a q u o ; 2@58 ?@8OB=55 >3C, =565;8 0=35;K& r a q u o ; , & l a q u o ; :0: G5;>25: 2 <8@5 2KA>:> AB>8B =04 682>B=K<8, B0: 52@58 2KA>:> AB>OB =04 2A5<8 =0@>40<8 =0 A25B5& r a q u o ; - CG8B "0;<C4.
< b r >
< d d > 71@0==8G5AB2> <KA;8BAO 2 < i > 8C4087<5< / i > :0: ?@02> =0 3>A?>4AB2>. B25@65=85 %@8AB0 AB0;> 4CE>2=>9 ?@8G8=>9 3>AC40@AB25==>- =0F8>=0;L=>9 :0B0AB@>DK 8C4552 - 2 =0G0;5 I I 25:0 5@CA0;8< 1K; @07@CH5=, 0 8C458 @0AA5O=K ?> A25BC.
< b r >
< d d > :F5=B 2 8C4087<5 45;05BAO =0 4>AB865=88 F5;59 =5 8450;L=KE, => 2?>;=5 75<=KE, ?>;8B8G5A:8E 8 M:>=><8G5A:8E. ;030O 25ABL > &0@AB288 >685<, ?@8=5AQ==0O 8ACA>< %@8AB><, =5 <>3;0, @07C<55BAO, C4>2;5B2>@8BL B5E, :B> 640; >B <5AA88 7@8<>3> 8 ?>;8B8G5A:8 >G5284=>3> F0@AB20 75<=>3>.
< b r >
< d d > >A;5 @0AA5O=8O 52@552 2> I I - V I 25:0E ?@>8AE>48B D>@<8@>20=85 B0;<C487<0, E0@0:B5@87CNI53>AO >1AB>OB5;L=>9 A8AB5<0B870F859 8 =>@<0B82=>9 @8BC0;870F859 8C459A:>3> :C;LB0, :>B>@K9 87 E@0<>2>3> A2OI5==>459AB28O ?@52@0B8;AO 2> 2AQ ?@>=8:0NICN A8AB5<C ?@54?8A0=89, 8=>340 A:@C?C;57=> ?>4@>1=KE, 2?;>BL 4> B@51>20=89 ?>4G5@:820=8O A2>59 ?@8=04;56=>AB8 : & l a q u o ; 871@0==><C >3>< =0@>4C& r a q u o ; A ?><>ILN >A>1KE 45B0;59 2=5H=53> >1;8:0. "0:, 25@CNI5<C 52@5N ?@54?8AK205BAO 8<5BL 1>@>4C, >B?CA:0BL 4;8==K5 2>;>AK =0 28A:0E ( ?59AK) , =>A8BL <0;5=L:CN :@C3;CN H0?>G:C ( :8?C) , ?@>9B8 >1@O4 >1@570=8O. ">340 65 D>@<8@C5BAO 8 B0:>5 CG5=85 2 8C4087<5, :0: 0110;0, 3;02=0O @>;L 2 :>B>@>< >B2>48BAO <0388 8 >::C;LB87<C.
< b r >
< d d > A;8 4;O 81;88 E0@0:B5@5= O@:> 2K@065==K9 ?5@A>=0;87<, B> 5ABL ?@54AB02;5=85 > >35 8 A>B2>@Q==>< 8< G5;>25:5 :0: > ;8G=>ABOE, B> 2 "0;<C45 3>2>@8BAO > B><, GB> G5;>25: 87=0G0;L=> 1K; A>B2>@Q= 35@<0D@>48B>< 8 ;8HL ?>74=55 2>7=8:05B @0745;5=85 ?>;>2, 2>7=8:0NB 40< 8 20 ( MB> G8AB> O7KG5A:>5 2>77@5=85, ?>;=>ABLN 8A:;NG0NI55 ?>=8<0=85 G5;>25:0 :0: ;8G=>AB8) .
< b r >
< d d > >7@>640NBAO 2 "0;<C45 ?0=B58AB8G5A:85 2>77@5=8O, B0:, =0?@8<5@, 3>2>@8BAO > A>B2>@5=88 >3>< 4CH 52@552 87 A0<>9 1>65AB25==>9 ACI=>AB8. "5 52@58, :B> =5 4>AB83 A>25@H5=AB20 2 A2>59 687=8, 4;O >G8I5=8O ?5@52>?;>I0NBAO 2 =>2KE B5;0E - 2 @0AB5=8OE, 2 682>B=KE, 2 B5;0E =5 52@552, 8, =0:>=5F, 2 B5;5 52@5O, ?>A;5 G53> <>3CB 70A;C68BL 25G=>5 1;065=AB2>.
< b r >
< d d > V I - X I I I 25:0E 2>7@0AB05B @>;L @0228=>2 ( >B 4@52=552@59A:>3> & l a q u o ; @0118& r a q u o ; - <>9 CG8B5;L) - B>;:>20B5;59 70:>=0, 2>73;02;O2H8E 8C459A:85 >1I8=K. 0AA5O=85 52@552 ?> AB@0=0< !B0@>3> !25B0 ( 2@>?0, 78O, D@8:0) , 0 ?>B>< 8 >2>3> !25B0 ( <5@8:0) ?@825;> : >1@07>20=8N 1>;LH>3> :>;8G5AB20 52@59A:8E =0F8>=0;L=>- @5;838>7=KE >1I8=. 4@52=>AB8 F5=B@>< 8C459A:>3> :C;LB0 1K; 5@CA0;8<A:89 %@0<, 345 A>25@H0;>AL 5654=52=>5 65@B2>?@8=>H5=85. >340 %@0< 1K; @07@CH5=, <5AB> 65@B2>?@8=>H5=89 70=O;0 <>;8B20, 4;O A>25@H5=8O :>B>@>9 52@58 AB0;8 A>18@0BLAO 2>:@C3 >B45;L=KE CG8B5;59 - @0228=>2. 7 MB8E A>1@0=89 2>7=8:;8 8C459A:85 <>;8B25==K5 >1J548=5=8O, 8<5=C5<K5 A8=03>38 ( & l a q u o ; A>1@0=8O& r a q u o ; ) . 8C4087<5 A8=03>30 ?@54AB02;O5B A>1>9 A>1@0=85 52@552 4;O A>25@H5=8O <>;8B2K 8 87CG5=8O ">@K 8 "0;<C40. "0:>5 A>1@0=85 =5 ?@54CA<0B@8205B =0;8G8O A?5F80;L=>3> 740=8O 8 <>65B ?@>E>48BL 2 ;N1>< ?><5I5=88.
< b r >
< d d > ;O A>25@H5=8O ?C1;8G=>3> 1>3>A;C65=8O =5>1E>48<> ?@8ACBAB285 =5 <5=55 45AOB8 52@552 <C6A:>3> ?>;0, 4>AB83H8E @5;838>7=>3> A>25@H5==>;5B8O ( A 1 3 - ;5B=53> 2>7@0AB0) . =8 A>AB02;ONB ?5@28G=CN 8C408ABA:CN >1I8=C - <8=LO= ( 1C:20;L=> & l a q u o ; G8A;>& r a q u o ; , B> 5ABL :2>@C<, =5>1E>48<K9 4;O 1>3>A;C65=8O) . AB>@8G5A:8 ?@02> A>25@H0BL ?C1;8G=K5 1>3>A;C65=8O 70:@5?8;>AL 70 @0228=0<8 - CG8B5;O<8 8 B>;:>20B5;O<8 ">@K. @><5 @0228=0, 2 ?5@A>=0; A8=03>38 2E>4OB E070=, H0<0H 8 30109. %070= 254QB >1I5AB25==CN <>;8B2C 8 ?@54AB02;O5B 2AN >1I8=C 2 >1@0I5=88 : >3C. (0<0H - A8=03>30;L=K9 A;C6:0, >1O70==>AB8 :>B>@>3> - =01;N40BL 70 ?>@O4:>< 8 G8AB>B>9 2 A8=03>35 8 701>B8BLAO > A>E@0==>AB8 A8=03>30;L=>3> 8<CI5AB20. 0109 @5H05B 04<8=8AB@0B82=K5 8 D8=0=A>2K5 2>?@>AK A8=03>38.
< b r >
< d d > A>1>5 <5AB> 2 8C459A:>9 >1I8=5 70=8<05B :>30=8< ( 548=AB25==>5 G8A;> - :>35=) . > 52@59A:>9 B@048F88 ;8F0, =>AOI85 D0<8;8N >35= ( >30=, >E5=, >M=, >=) , O2;ONBAO ?>B><:0<8 ( ?> >BF>2A:>9 ;8=88) ?5@2>A2OI5==8:0 0@>=0, B. 5. A2>53> @>40 6@5G5A:>9 :0AB>9.
< b r >
< d d > > 2@5<5=0 5@CA0;8<A:>3> %@0<0 :>30=8< :@><5 8A?>;=5=8O A2>59 3;02=>9 DC=:F88 - 2545=8O A;C61K 2 E@0<5 - 1K;8 B0:65 4CE>2=K<8 =0AB02=8:0<8 =0@>40, 53> AC4LO<8 8 CG8B5;O<8. 4=0:> A B5G5=85< 2@5<5=8 4CE>2=>5 @C:>2>4AB2> 52@59A:>3> =0@>40 ?5@5H;> : ?@>@>:0<, 0 70B5< : <C4@5F0< 8 @0228=0<. 5OB5;L=>ABL :>30=8< 1K;0 >3@0=8G5=0, 2 >A=>2=><, A;C61>9 2 E@0<5. >A;5 @07@CH5=8O E@0<0 2 7 0 3. =. M. >=8 ;8H8;8AL 2>7<>6=>AB8 8A?>;=OBL 8 MBC >1O70==>ABL. =0AB>OI55 2@5<O :>30=8< >1O70=K ?@>2>48BL >1@O4 2K:C?0 ?5@25=F52 8 1;03>A;>2;OBL =0@>4 2 A8=03>35.
< b r >
< d d > CA;>28OE @0AA5O=8O ( 480A?>@K) 8C4087< AK3@0; 3;02=CN @>;L 2 A0<>A>E@0=5=88 52@552 :0: MB=>A0. 0F8>=0;L=>5 8 @5;838>7=>5 =0G0;0 2 4CH5 25@CNI53> 8C45O A>2?040;8, 0 >BE>4 >B 8C4087<0 >7=0G0; 2KE>4 87 52@59AB20, GB> 4;O 2>A?8B0==KE AB>;5B8O<8 :>@?>@0B82=>3> 1KB0 52@552, 2 A2>N >G5@54L, >7=0G0;> A<5@BL. >MB><C >B;CG5=85 >B A8=03>38 8 >B 52@59AB20 @0AA<0B@820;>AL :0: A0<>5 AB@0H=>5 =0:070=85.
< b r >
< d d > 5@0, :>B>@CN 8A?>254CNB A>2@5<5==K5 52@58, O2;O5BAO =5 B>9, :>B>@0O 1K;0 40=0 7@08;LBO=0< G5@57 >8A5O 8 @>@>:>2, 8 :>B>@CN 8A?>254>20;8 >=8 4> ?@8H5AB28O 5AA88, => B>9, :0:CN >=8 A0<8 87<KA;8;8, C:;>=82H8AL >B 8AB8==>3> 4CE0 >8A5O 8 @>@>:>2, 8 :>B>@>9 45@60BAO =K=5 C65 ?> ?@8H5AB288 >15B>20==>3> 5AA88, 8<8 =5?@87=0==>3>. -B0 =>20O 25@0 87;>65=0 2 42CE :=830E, ?>G8B05<KE C45O<8 70 1>65AB25==K5 :=838, 2 0110;5 8 "0;<C45 ( 0110;0, ?> ?>=OB8N C4552, 5ABL :>45:A D8;>A>DA:>- <8AB8G5A:8E ?@540=89, A;C60I8E 4>?>;=5=85< 8 >1JOA=5=85< 0:>=C, 0 "0;<C4 - :>45:A ?@540=89 ?> ?@58<CI5AB2C 8AB>@8G5A:8E, >1@O4>2KE 8 3@0640=A:8E, A;C60I8E B0:8< 65 4>?>;=5=85< 8 >1JOA=5=85<. ) . >158E MB8E :=830E =0@O4C A 8AB8=0<8, 708<AB2>20==K<8 2 81;88, 8<55BAO <=>3> AB@0==>AB59, =5;5?>AB59 8 ?@>B82>@5G89. "0:>2K:
< b r >
< d d > 0) >A=>2=>9 70:>= >1 >B=>H5=88 G5;>25:0 : 1;86=8<: & l a q u o ; 2AO:>5 4>1@>, :>B>@>5 70:>= >8A552 ?@54?8AK205B, 8 2AO:>5 7;>, :>B>@>5 >= 2>A?@5I05B 45;0BL 1;86=5<C, 1@0BC, B>20@8IC, 4>;6=>, >1JOA=O5B "0;<C4, ?>=8<0BL B>;L:> 2 >B=>H5=88 : C45O<& q u o t ; ( "0;<C4. "@0:B. 020- 5F8O) ;
< b r >
< d d > 1) 273;O4 =0 ?@>G85 =0@>4K: =07K20O 8E =0@>40<8 =5G8ABK<8 8 1>3>?@>B82=K<8, A :>B>@K<8 2@58 =5 B>;L:> =5 4>;6=K 2ABC?0BL =8 2 :0:85 @>4AB25==K5 A2O78, "0;<C4 CG8B, GB> 2@59 <>65B 157 3@5E0 =0@CH0BL :;OB2K, 40205<K5 8=>25@FC, <>65B >1<0=K20BL 53>, ?@8B5A=OBL, ?@5A;54>20BL 8 4065 C<5@I2;OBL 70 53> @07=>25@85, 8 GB> 2>>1I5 2A5 MB8 8=>25@=K5 =0@>4K, ?> ?@8H5AB288 5AA88, 8;8 8AB@51OBAO A>25@H5==>, 8;8 1C4CB ?>@01>I5=K C45O<, B0: GB> A0<K5 F0@8 8=>25@=K5 A45;0NBAO A;C30<8 4;O ?>A;54=53> 87 G04 7@08;O ( >757 5=45;LA>=) ;
< b r >
< d d > 2) CG5=85 > A@54AB20E : >?@0240=8N: 2 "0;<C45 ?@>?>254C5BAO, GB> :0: 3@5E ?5@2>@>4=K9, B0: 8 2>>1I5 2A5 3@5E8 <>3CB 1KBL 873;065=K 8 C=8GB>65=K G5@57 AB@>3>5 8A?>;=5=85 2A5E ?@54?8A0=89 70:>=0 >1@O4>2>3>;
< b r >
< d d > 8 ?@>G55.
< b r >
< d d > A;54AB285 MB>3> 8C458 8A:;NG8B5;L=> ?@540=K A2>8< >1@O40<, B0: GB> 4;O 8C4552 25@0 =5 ACI5AB2C5B, 0 ACI5AB2C5B B>;L:> 70:>=, B. 5. >1@O4>2K9. 725AB=>, GB> 4;O 8C4552 =0 >A=>20=88 >4=>9 87 70?>25459 >688E =5@01>G8< 4=Q< O2;O5BAO AC11>B0: & l a q u o ; 40 =5 A>B2>@8HL 2AO:>3> 45;0 2 45=L AC11>B=89& r a q u o ; ( AE. 2 0 : 4 0 ) <5AB5 A B5<, ACI5AB2C5B 9 4 9 @0228=A:8E ?@54?8A0=89, 87 :>B>@KE >4=>, =0?@8<5@, & l a q u o ; 70?@5I05B 2@5N 4065 ?;520BL ?> 2>74CEC 2 AC11>BC, ?>B><C GB> 459AB285 ?>E>65 =0 25O=85 =5>G8I5==>9 @68. ( %085 40< - 2@00<0 0=8630, > ?>AB0=>2;5=8OE AC11>B=8E) & q u o t ; . 70?@5IQ==KE OAB20E ACI5AB2C5B 1>;55 3 0 0 0 @07;8G=KE ?>AB0=>2;5=89; >1 >1@O45 C<>25=8O @C: - 4> AB0, > A>;5=88 <OA0 - 4> 42CEA>B; 5ABL 4065 >?@545;5=85 :0A0B5;L=> A?>A>10 >1@57K20=8O =>3B59.
< b r >
< d d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
< b r >
< d d > 5@2K5 :>=B0:BK CA8 A 8C4087<>< >B=>AOBAO : V I I I - I X 25:0<, :>340 >=0 AB>;:=C;0AL A %070@A:8< :030=0B><, =0@>4>< :>G52=8:>2, C :>B>@KE 2;0ABL ?5@5H;0 : 8C45O<, >1JO282H8< 8C4087< 3>AC40@AB25==>9 @5;83859. %070@K 25;8 2>9=K ?@>B82 ?@02>A;02=>9 870=B88 8 ?>4G8=8;8 A515 CAL. >A?>4AB2> 8C45>- E070@ =04 CALN 4;8;>AL 4> 9 6 5 3. , :>340 :=O7L !2OB>A;02 3>@528G >45@60; @5H0NICN ?>154C =04 :030=0B><.
< / p >
< p >
< d d > A;8 ?@845@6820BLAO E@>=>;>388 ?>O2;5=8O 7=0G8<KE MB8G5A:8E CG5=89 2 >1I58AB>@8G5A:>< @0728B88 ?>2545=G5A:8E =>@< G5;>25G5AB20, B> =5;L7O =5 C?><O=CBL > < b > < i > 1C4487<5< / i > < / b > , 2>7=8:H5< 2 =488 2 V I 25:5 4> =. M. 8 8<5NI5< 2 =0AB>OI55 2@5<O 1>;55 2 0 0 <8;;8>=>2 ?>A;54>20B5;59 3;02=K< >1@07>< 2 AB@0=0E .3>- >AB>G=>9 788. !CBL 40==>3> CG5=8O, AB02H53> >4=>9 87 B@QE <8@>2KE @5;8389 ( 2<5AB5 A E@8AB80=AB2>< 8 8A;0<><) , 5A;8 53> >1>7=0G8BL 2:@0BF5, A>AB>8B 2 B><, GB> AG0AB;82>9 687=8 :064K9 G5;>25: <>65B 4>18BLAO, ?@5>4>;52 2 A515 M3>87< 8 =87<5==K5 65;0=8O A ?><>ILN < i > ?@028;L=KE C15645=89, ?@028;L=>3> <KH;5=8O, ?@028;L=KE @0AAC645=89, ?@028;L=KE 459AB289, ?@028;L=>3> >1@070 687=8, ?@028;L=KE CAB@5<;5=89, ?@028;L=>3> >B=>H5=8O : >1O70==>ABO<, ?@028;L=>9 <548B0F88< / i > .
< b r >
< d d > #G5=85 0CB0<K C44K ( & l a q u o ; 1C440& r a q u o ; ?>- A0=A:@8BA:8 >7=0G05B & l a q u o ; ?@>< b > A25B< / b > ;5==K9& r a q u o ; ) AD>@<8@>20;>AL 2 V I - V 25:0E 4> =0H59 M@K =0 1075 <=>3>25:>2>9 @5;838>7=>- D8;>A>DA:>9 B@048F88 8=489A:>9 :C;LBC@K. F5;>< 1C4487< <>6=> @0AA<0B@820BL 8 :0: @5;838N, 8 :0: D8;>A>D8N, 8 :0: :C;LBC@C, 8 :0: >1@07 687=8.
< b r >
< d d > A=>2=0O 845O 1C4487<0 1K;0 AD>@<C;8@>20=0 2 ?@>?>254OE C44K > & l a q u o ; G5BK@5E 1;03>@>4=KE 8AB8=0E& r a q u o ; 8 & l a q u o ; 2>AL<5@8G=>< ?CB8& r a q u o ; .
< b r >
< d d > 5@20O 8AB8=0 3>2>@8B > B><, GB> ACI5AB2>20=85 5ABL AB@040=85, :>B>@>5 8A?KBK205B 8 =0 :>B>@>5 25G=> >1@5G5=> :064>5 682>5 ACI5AB2>.
< b r >
< d d > B>@0O 8AB8=0 CB25@6405B, GB> ?@8G8=>9 AB@040=8O O2;ONBAO & l a q u o ; 15A?>:>OI85 M<>F88& r a q u o ; ( 65;0=8O, =5=028ABL, 7028ABL 8 B. 4. ) . !B@0AB8 8 2K7K205<K5 8<8 459AB28O >1@07CNB :0@<C ( 2>740O=85) - A2>5>1@07=CN F5?L MB8G5A:>9 ?@8G8==>AB8, A>3;0A=> :>B>@>9 G5;>25: 2 A2>8E ?>A;54CNI8E ?5@5@>645=8OE ?>;CG05B B>, GB> 70A;C68; 2 ?@54K4CI59 687=8 ( & l a q u o ; 70:>= 2>740O=8O& r a q u o ; ) .
< b r >
< d d > 0@<0, A>740205<0O 1;038<8 45O=8O<8, 254QB : 2>7@>645=8N 2 F0@AB25 1>3>2, ?>;C1>3>2 8 ;N459, 8, =0?@>B82, :0@<0, ?>@>6405<0O 7;K<8 45O=8O<8, : 2>7@>645=8N 2 =87H8E <8@0E A@548 682>B=KE, & l a q u o ; 3>;>4=KE& r a q u o ; 4CE>2 8 >18B0B5;59 040. '5;>25:, A>25@H0O E>@>H85 ?>ABC?:8, <>65B C;CGH8BL A2>N :0@<C, => MB> =5 A?0A05B 53> >B 2@0I5=8O 2 15A:>=5G=>< ?@>F5AA5 ?5@5@>645=89 2 <8@5 AB@040=89 ( A0=A0@0) . 0:>=C :0@<K ?>425@65=K 4065 1>38.
< b r >
< d d > "@5BLO & l a q u o ; 1;03>@>4=0O 8AB8=0& r a q u o ; 3>2>@8B, GB> ?@5A5G5=85 15A?>:>OI8E M<>F89 254QB : ?@5:@0I5=8N AB@040=89, 0 G5B2Q@B0O C:07K205B B0: =07K205<K9 & l a q u o ; A@548==K9 ?CBL& r a q u o ; , 871530NI89 :0: :@09=53> 0A:5B87<0, B0: 8 :@09=53> 354>=87<0 ( 54>=87< - 687=5==0O D8;>A>D8O, A>3;0A=> :>B>@>9 A<KA; 687=8 A>AB>8B 2 ?>;CG5=88 C4>2>;LAB289. ) . -B>B & l a q u o ; A@548==K9 ?CBL& r a q u o ; 8<5=C5BAO & l a q u o ; 2>AL<5@8G=K<& r a q u o ; , ?>A:>;L:C A>AB>8B 87 2>AL<8 ABC?5=59 8;8 H03>2: ?>=8<0=8O, <KA;8, @5G8, 459AB28O, >1@070 687=8, =0<5@5=8O, CA8;8O 8 A>A@54>B>G5=8O.
< b r >
< d d > !;54>20=85 MB8< ?CBQ< ( AB0=>2;5=85 =0 & l a q u o ; ?CBL C44K& r a q u o ; ) 254QB : 4>AB865=8N 2=CB@5==53> A?>:>9AB28O ?>A@54AB2>< >1C740=8O <KA;59 8 GC2AB2, :C;LB828@>20=8O 4@C65;N18O, A>AB@040=8O, A8<?0B88 :> 2A5< 682K< ACI5AB20<. -B> >15A?5G8205B ?>AB865=85 & l a q u o ; 8AB8==>9 <C4@>AB8& r a q u o ; - ?5@2>3> H030 : & l a q u o ; ?@>A25B;5=8N& r a q u o ; .
< b r >
< d d > KAH59 F5;LN 25@CNI8E 1C448AB>2 O2;O5BAO 4>AB865=85 < s p a n > < i > =8@20=K< / i > - A>AB>O=8O 25G=>3> ?>:>O 8 1;065=AB20, 2KE>40 4CH8 87 :@C3>2>@>B0 ?5@52>?;>I5=89. 87H55 A>AB>O=85 =8@20=K, A>AB>O=85 0@E0B0, E0@0:B5@87C5BAO >BACBAB285< AB@040=89. KAH55 A>AB>O=85 - MB> A>AB>O=85 C44 ( & l a q u o ; @>A25B;Q==KE& r a q u o ; ) , A2>1>4=KE >B 2A5E <>@0;L=KE 8 C<AB25==KE 703@O7=5=89, <8@>>ICI5=85 :>B>@KE A;8205BAO A> 2A5< 1KB85<.
< b r >
< d d > C440 70:>=G8; 75<=CN 687=L =0 8 0 - < 3>4C ( 4 4 - < 3>4C A2>53> CG8B5;LAB20) 1;87 3. CH8=030@0 ( =K=5 - 5?0;) . 5AB> 53> A<5@B8 =0@O4C A <5AB0<8 @>645=8O, & l a q u o ; ?@>A25B;5=8O& r a q u o ; 8 ?5@2>9 ?@>?>2548 >A>1> ?>G8B05BAO 1C448AB0<8 2A53> <8@0 8 O2;O5BAO >1J5:B>< ?0;><=8G5AB20.
< b r >
< d d > IQ ?@8 687=8 C44K 2>:@C3 =53> A;>68;0AL >1I8=0 ?>A;54>20B5;59- <>=0E>2, ?>;CG82H0O =08<5=>20=85 A0=3E0 ( 4>A;>2=> & l a q u o ; >1I5AB2>& r a q u o ; ) . ABC?0NI89 2 =5Q ?@8=>A8; >15BK 25@=>AB8 C445, 53> CG5=8N, A0=3E5 8 >1O7K20;AO 2K?>;=OBL 45AOBL ?@54?8A0=89- 70?@5B>2: 1 ) =5 C1820BL; 2 ) =5 :@0ABL; 3 ) =5 ?@5;N1>459AB2>20BL; 4 ) =5 ;30BL; 5 ) =5 C?>B@51;OBL A?8@B=KE =0?8B:>2; 6 ) =5 5ABL ?>A;5 ?>;C4=O; 7 ) =5 B0=F520BL, =5 ?5BL, =5 ?>A5I0BL 7@5;8I; 8 ) =5 =>A8BL C:@0H5=89; 9 ) =5 ?>;L7>20BLAO @>A:>H=K<8 A845=8O<8; 1 0 ) =5 1@0BL 7>;>B0 8 A5@51@0. ;O <8@O= - ?>A;54>20B5;59 CG5=8O C44K, => =5 ?@8=O2H8E <>=0H5A:85 >15BK, 1K;8 >?@545;5=K ?OBL 70?>25459 ( & l a q u o ; ?0=G0 H8;0& r a q u o ; ) : =5 C1820BL, =5 ;30BL, =5 :@0ABL, =5 ?@5;N1>459AB2>20BL 8 =5 C?>B@51;OBL A?8@B=KE =0?8B:>2.
< b r >
< d d > #G5=85 C44K ?@8 A2>Q< 2>7=8:=>25=88 1K;> A:>@55 =5 @5;83859, 0 @5;838>7=>- D8;>A>DA:>9 H:>;>9. !B0=>2;5=85 1C4487<0 :0: @5;838>7=>9 A8AB5<K A @0728BK< ?0=B5>=>< 8 >1@O4=>ABLN ?@>87>H;> ?>A;5 A<5@B8 C44K.
< b r >
< d d > !0<>9 >@B>4>:A0;L=>9 H:>;>9 1C4487<0 AG8B05BAO BE5@02040 ( & l a q u o ; H:>;0 AB0@>9 <C4@>AB8& r a q u o ; ) . >A;54>20B5;8 BE5@0204K AG8B0NB, GB> 4>AB8GL =8@20=K <>3CB B>;L:> <>=0E8.
< b r >
< d d > B5G5=85 =5A:>;L:8E 25:>2 CG5=85 C44K 1KB>20;> ?@58<CI5AB25==> 2 CAB=>9 B@048F88. 3> ?8AL<5==>5 >D>@<;5=85 =0G0;>AL ;8HL 2 I 25:5 4> =. M. > I I - I I I 22. =. M. ?>O28;8AL B0:85 ?>?C;O@=K5 ?@>872545=8O, :0: >B>A>20O 8 ;<07=0O !CB@0. X I V 2. 1K; A>AB02;5= 0=46C@ ( & l a q u o ; ?5@52>4K A:070==>3> C44>9& r a q u o ; ) - A>1@0=85 :0=>=8G5A:8E B5:AB>2 2 1 0 8 B><0E 8, ?>74=55, :><<5=B0@88 : =5<C - 0=46C@ 2 2 2 5 B><0E. -B8 A2>4K O2;ONBAO A2>5>1@07=K<8 M=F8:;>?548O<8 1C4487<0, 2 :>B>@KE A>45@60BAO @0745;K, ?>A2OI5==K5 MB8:5, D8;>A>D88 8 ?@0:B8:5 <548B0F88.
< b r >
< d d > C4487<, 2 ?@>B82>?>;>6=>ABL E@8AB80=AB2C, ?@>?>254C5B 01A>;NB=>5 =5?@8OB85 <8@0; 53> 8450; - ?>;=>5 C=8GB>65=85 <8@0 8, ?@5645 2A53>, C=8GB>65=85 ;8G=>3> 1KB8O, A0<>C=8GB>65=85.
< b r >
< d d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l a q u o ; ?@5:@0I5=85 4CE0& r a q u o ; .
< b r >
< d d > !>>1@07=> A MB>9 >A=>2=>9 B5=45=F859 1C4489A:>3> M:AB070, >B =53> 255B ;54O=K< E>;>4><, =0AB>OI8< 4KE0=85< A<5@B8. > 2A5E @0AAC645=8OE =5B =8 >4=>3> A;>20 > ;N128. > 70B>, A:>;L:> 701>B, 4C<, 3@57 >1 & l a q u o ; C30H5=88& r a q u o ; , > & l a q u o ; ?@5:@0I5=88& r a q u o ; . . .
< b r >
< d d > A;8 :>=5G=0O F5;L 5ABL 87102;5=85 >B ?5@52>?;>I5=89 8 A>25@H5==>5 C=8GB>65=85 ;8G=>3> 1KB8O, B> 4>1@>45B5;L =872>48BAO =0 AB5?5=L ;8HL ?>43>B>28B5;L=>3> A@54AB20, :>B>@>5 =0 8725AB=>9 ABC?5=8 A>25@H5=AB20 3@>78B AB0BL ?><5E>9 =0 ?CB8 : F5;8. 59AB28B5;L=>, 45;0, A>25@H5==K5 2 =0AB>OI59 687=8, =5>1E>48<> ?5@52>48BL : =>2><C ?5@52>?;>I5=8N. C@=K5 45;0 =52K3>4=K: >=8 ?@8254CB : =>2><C 2>?;>I5=8N A C25;8G5==K<8 AB@040=8O<8. > 8 4>1@K5 45;0 ?@82>4OB : =>2><C 2>?;>I5=8N; ?@0240, >=8 >15A?5G820NB & l a q u o ; =515A=K5 @04>AB8& r a q u o ; , => >=8 ?@57@5==K, ?>B><C GB> >=8 =5 25G=K 8 =5 87102;ONB >B 2>7@>645=89.
< b r >
< d d > & l a q u o ; 0: 1K 25;8:8 =5 1K;8 =C64K 8 ?>B@51=>AB8 4@C38E, =8:B> =5 4>;65= @048 =8E 65@B2>20BL A2>8< A>1AB25==K< A?0A5=85<& r a q u o ; , =0E>48< <K 2 A2>45 1C4489A:>9 <>@0;8.
< b r >
< d d > $>= (@545@ ( 8AA;54>20B5;L 8=4CAA:>9 :C;LBC@K) 3>2>@8B: & l a q u o ; !=>20 8 A=>20, A> AB>@>=K 1C4487<0 - >B@8F0=85; A> AB>@>=K E@8AB80=AB20 - CB25@645=85. N18BL, AB@040BL 8, =0:>=5F, 68BL - 2>B >1O70==>ABL, 2>B 65;0=85 8AB8==>3> E@8AB80=8=0! 5 ;N18BL, =5 AB@040BL, =5 68BL - 2>B 8450; 1C448AB0. 45AL 2> 8AB8=C 2KOA=O5BAO 3;C1>:0O 8 H8@>:0O, =5 ?5@5E>48<0O ?@>?0ABL 1C4487<0 8 E@8AB80=AB20& r a q u o ; .
< / p >
< p >
< d d > @0:B8G5A:8 >4=>2@5<5==> A < i > 1C4487<><< / i > 2 B>9 65 G0AB8 A25B0 2>7=8:;> 4@C3>5 7=0<5=8B>5 D8;>A>DA:>5 CG5=85 - < b > < i > :>=DCF80=AB2>< / i > < / b > . 3> >A=>20B5;L - 25;8:89 :8B09A:89 D8;>A>D >=DCF89 - 45;0; 3;02=K9 C?>@ 2 A2>Q< CG5=88, =>AOI5< AC3C1> < i > A25BA:89< / i > E0@0:B5@, =0 ;8G=CN <>@0;L 8 ?>;030;, GB> =081>;55 4>AB>9=K9 ?@028B5;L B>B, :>B>@K9 A;C68B A2>5<C =0@>4C 8 ?@028B ?>A@54AB2>< A2>53> ?>;>68B5;L=>3> < i > <>@0;L=>3> ?@8<5@0< / i > . F5;>< 65 < i > :>=DCF80=AB2>< / i > , :0: 8 < i > 1C4487<< / i > , 45;05B 1>;LH89 0:F5=B 2 A2>8E 2>A?8B0B5;L=KE =0AB02;5=8OE =0 < b > < i > >1O70==>ABOE< / i > < / b > G5;>25:0, =565;8 =0 53> < b > < i > ?@020E< / i > < / b > , GB> 2A5340 A?>A>1AB2>20;> 8 4> A8E ?>@ A?>A>1AB2C5B @>ABC 687=5AB>9:>AB8 A;54CNI8E MB8< MB8G5A:8< CG5=8O< =0@>40< 8 F828;870F8O<.
< b r >
< d d > 06=59H85 <KA;8 4@52=5:8B09A:>3> <KA;8B5;O C=- FN ( C=- DCF7K) , 8725AB=>3> 52@>?59F0< :0: >=DCF89 ( 5 5 1 - 4 7 9 33. 4> =. M. ) , 87;>65=K 53> CG5=8:0<8 2 A1>@=8:5 & l a q u o ; C=LN9& r a q u o ; ( & l a q u o ; 5A54K 8 2KA:07K20=8O& r a q u o ; ) 2 V 2. 4> =. M.
< b r >
< d d > ;02=K5 B2>@G5A:85 CA8;8O >=DCF89 C45;O; D>@<8@>20=8N MB0;>=0 2KAH59 <>@0;8 - 8450;L=>3> G5;>25:0 ( & l a q u o ; F7N=LF7K& r a q u o ; ) , :>B>@>3> ?@>B82>?>AB02;O; ?@>AB>;N48=0<. &7N=LF7K 4>;65= >1O70B5;L=> A;54>20BL @8BC0;C ( ;8) , >1;040BL 4>1@>45B5;LN ( 4M) , ;N1>2LN : ;N4O< ( 65=L) , GC2AB2>< 4>;30 8 A?@0254;82>AB8 ( 8) , AB@5<8BAO : 7=0=8O< ( G68) , ?>G8B0BL AB0@H8E, 45<>=AB@8@>20BL 25@=>ABL 8 ?@540==>ABL 2;0ABO< 8 ?@. AQ MB>, ?> <=5=8N >=DCF8O, 2>AE>48B : :C;LBC@5, 8<5==> MB8< :8B09FK >B;8G0NBAO >B 20@20@>2. A=>2=K<8 8AB>G=8:0<8 5AB5AB25==>3> ?@020, @8BC0;0 & l a q u o ; ;8& r a q u o ; O2;ONBAO =51> 8 40> ( 687=5==>5 ?@54=0G5@B0=85) .
< b r >
< d d > >=DCF89 @072820; ?0B@80@E0;L=>- ?0B5@=0;8ABA:CN :>=F5?F8N 3>AC40@AB20, 2 :>B>@>9 8<?5@0B>@ - >B5F 2A5E ?>440==KE. >=DCF89 >1>A=>2K205B >1I5AB25==>5 =5@025=AB2>, @0745;OO >1I5AB2> =0 2KAH8E ( ?@>A25IQ==K5 ?@028B5;8, F7N=LF7K) 8 =87H8E, :>B>@K5 4>;6=K 157>3>2>@>G=> ?>4G8=OBLAO 2KAH8<, GB> A>AB02;O5B 8E 4>1@>45B5;L.
< b r >
< d d > CGH0O D>@<0 ?@02;5=8O ?> >=DCF8N - < i > 0@8AB>:@0B8O< / i > , ?@8GQ< ?@028BL 4>;6=K < i > 0@8AB>:@0BK 7=0=89< / i > , 0 =5 0@8AB>:@0BK :@>28 8;8 1>30BAB20. @028B5;L - AK= ( ?@54AB028B5;L) 1>30 =0 75<;5. & l a q u o ; >AB83=8 ;N128 =0@>4=>9& r a q u o ; , - A>25BC5B >=DCF89 4>1@>45B5;L=><C 3>AC40@N. <5AB5 A B5<, =8:B> =5 2?@025 :@8B8:>20BL 45O=8O 8<?5@0B>@0.
< b r >
< d d > >=DCF89 @07;8G0; C?@02;5=85 3>AC40@AB2>< =0 >A=>25 4>1@>45B5;8 8 =0 >A=>25 ?>78B82=>3> 70:>=0, : ?>A;54=5<C >=DCF89 >B=>A8;AO =5E>@>H>, 254L 53> =>@<K CAB0=02;820NBAO ;N4L<8, 0 =5 1>3><. <5AB5 A B5<, >=DCF89 ?@87=020; 70 ?>78B82=K< 70:>=>< 2A?><>30B5;L=CN @>;L 2 C?@02;5=88 3>AC40@AB2><. 745AL A >=DCF85< 1K;8 =5 A>3;0A=K ;538ABK, ?@52>7=>A82H85 ?>78B82=K9 70:>=.
< b r >
< d d > <5=0 ;N459, ?> >=DCF8N, 4>;6=K A>>B25BAB2>20BL 8E A>F80;L=><C AB0BCAC, 401K :064K9 7=0; A2>Q <5AB>, A2>8 ?@020 8 >1O70==>AB8 8 A>>B25BAB25==> AB@>8; A2>Q ?>2545=85. '8=>2=8:8 O2;ONBAO ?><>I=8:0<8 3>AC40@O 2 45;5 C?@02;5=8O 3>AC40@AB2><, ?@8 MB>< 2AO ?>;=>B0 3>AC40@AB25==>9 2;0AB8 2AQ 65 >AB0QBAO 2 @C:0E 8<?5@0B>@0.
< b r >
< d d > 064K9 4>;65= 45@60BLAO ?@54=0G5@B0==>3> 5<C 687=5==>3> ?CB8 ( 40>) , 1KBL 15A:><?@><8AA=K< 2 3;02=><. 0> 1;03>@>4=>3> 3>AC40@O - 701>B0 > A2>8E ?>440==KE, > 2A5>1I59 A?@0254;82>AB8. >AC40@L 4>;65= ?@5645 2A53> 702>520BL ;N1>2L 8 4>25@85 A2>8E ?>4>?5G=KE. & l a q u o ; C6=> ?>AB>O==> A0<>A>25@H5=AB2>20BLAO& r a q u o ; , - ?>4GQ@:820; >=DCF89.
< b r >
< d d > !5@LQ7=>5 2=8<0=85 >=DCF89 C45;O5B ?@0:B8G5A:8< A>25B0< ?> C?@02;5=8N 3>AC40@AB2><: =C6=> >?8@0BLAO =0 4>1@>45B5;L=KE 8 7=0NI8E ?><>I=8:>2; A;54C5B 871530BL @8A:>20==KE @5H5=89, 1C4CG8 2A5340 >A<>B@8B5;L=K<; =8:>340 =5 A;54C5B ?>?CABC 1@>A0BLAO A;>20<8; =5 A;54C5B A?5H8BL A @5H5=8O<8; =5 =04> G@57<5@=> C2;5:0BLAO <5;:8<8 2>?@>A0<8.
< b r >
< d d > >=DCF89 =8:><C =5 >B:07K20; 2 CG5=88 8 3>B>2 1K; 2>A?8BK20BL CG5=8:0 2A53> 70 A2O7:C ACHQ=>3> <OA0. >=DCF80=AB2> ?@87K205B : ?@>A25I5=8N, A0<>A>25@H5=AB2>20=8N. !> I I 2. 4> =. M. 8 2?;>BL 4> CAB0=>2;5=8O :><<C=8AB8G5A:>3> @568<0 2 1 9 4 9 3. < i > :>=DCF80=AB2>< / i > A 2:;NGQ==K<8 2 =53> M;5<5=B0<8 ;5387<0 O2;O;>AL >D8F80;L=>9 845>;>3859 8B0O.
< b r >
< d d > 7 :>=DCF80=A:>9 H:>;K 2KH5; >- F7K ( 4 7 9 - 4 0 0 33. 4> =. M. ) , GL8 2KA:07K20=8O 1K;8 A>1@0=K CG5=8:0<8 2 A1>@=8:5 & q u o t ; >- F7K& q u o t ; ( I V 2. 4> =. M. ) . ?5@2K5 4;O 4@52=5:8B09A:>9 D8;>A>D88 C >- F7K ?>O2;O5BAO 845O 2K1>@=>AB8 ?5@2>3> ?@028B5;O. # >- F7K 25AL<0 A8;L=K 8458 A>F80;L=>3> @025=AB20, :@8B8:0 A>F80;L=>9 =5A?@0254;82>AB8. >- F7K 2K428=C; :>=F5?F8N 2A5>1I59 8 @02=>25;8:>9 ;N128. G5=L ?>E>65 =0 & l a q u o ; 2A5 ;N48 - 1@0BLO& r a q u o ; .
< b r >
< d d > 458 M30;8B0@87<0 >- F7K: >B:07 >B @>A:>H8 8 CB>=GQ==>9 :C;LBC@K 4@52=5:8B09A:>9 0@8AB>:@0B88, M:AF5AA>2 F5@5<>=80;0, 2 >1I5<, >= 2KABC?0; 70 & l a q u o ; >?@>I5=85& r a q u o ; ( 2 >B;8G85 >B CB>=G5==>3> 8 2KA>:>:C;LBC@=>3> >=DCF8O) . >- F7K ( 2 >B;8G85 >B >=DCF8O 8 MB> @>4=8B 53> A (0=- /=><) 2KABC?05B 70 =5>1E>48<>ABL CAB0=>2;5=8O 3>AC40@AB2>< >1I5>1O70B5;L=KE 70:>=>2 ?>2545=8O, :>B>@K5 4>;6=K 2K?>;=OBLAO ?>440==K<8 ?>4 AB@0E0<8 =5C<>;8<>3> =0:070=8O.
< b r >
< d d > !> 2@5<5=8 >- F7K ?@02> 2 @52=5< 8B05 AB0;> 0AA>F88@>20BLAO, ?@5645 2A53>, =5 A @8BC0;>< & l a q u o ; ;8& r a q u o ; ( :0: C >=DCF8O) , 0 A =0:070=85< ( & l a q u o ; A8=& r a q u o ; ) 8 70:>=>< ( & l a q u o ; D0& r a q u o ; ) . MB>< A<KA;5 >- F7K >:070;AO ?@54H5AB25==8:>< 4@52=5:8B09A:>3> ;5387<0.
< b r >
< d d > A=>20B5;5< 65 4@52=5:8B09A:>3> ;5387<0 AG8B05BAO (0=- /=, A>7402H89 B@C4 & l a q u o ; =830 ?@028B5;O >1;0AB8 (0=& r a q u o ; ( I V 2. 4> =. M. ) . (0=- /= >1>A=>2K205B C?@02;5=85, >?8@0NI55AO =0 70:>=K ( D0) 8 AC@>2>5 =0:070=85, G5< 2ABC?05B 2 ?@>B82>@5G85 A :>=DCF80=AB2><, >B40NI8< ?@8>@8B5B @8BC0;C ( ;8) . 8:0:85 ?@87K2K : 4>1@>45B5;8 0- ;O >=DCF89 =5 ?><>3CB, CB25@640; ?@0:B8G=K9 (0=- /=, =04> @5H8B5;L=> CA8;820BL F5=B@0;87>20==CN 04<8=8AB@0F8N, 2=CH0NI89 AB@0E ?>440==K< 0??0@0B C?@02;5=8O 8 ?>402;5=8O ( 0 2 MB> 2@5<O 1K; 3>AC40@AB25==K9 :@878A 48=0AB88 '6>C) , 254L A0<>5 3;02=>5, :0: CB25@640; (0=- /=, MB> >15A?5G8BL ?>@O4>: 2 >1I5AB25 8 3>AC40@AB25. 0:>= 4>;65= 1KBL C=825@A0;5=, >1I5>1O70B5;5=, 65AB>:, A>1;N40BLAO ?>4 AB@0E>< <>I=>3> =0:070=8O, >= =5 ?>4;568B >1AC645=8N, 4>;65= 8A?>;=OBLAO 15A?@5:>A;>2=>.
< b r >
< d d > <5AB5 A B5<, 70:>=, ?> <=5=8N (0=- /=0, 4>;65= CAB0=02;820BLAO =5 ?@>872>;L=>, 0 ;8HL < i > <C4@K<8 ;N4L<8< / i > , E>BO A0< 70:>=>40B5;L =5 A2O70= 70:>=><. A;8 =C6=> - 70:>= <>6=> ?><5=OBL, >= =5 CAB0=>2;5= @07 8 =02A5340. (0=- /= 2KABC?0; 70 C=8D8:0F8N 70:>=>40B5;LAB20 8 A>740=85 <>45;8 & l a q u o ; 70:>==8G5A:>3> 3>AC40@AB20& r a q u o ; . = AB>@>==8: A>740=8O A8AB5<K B>B0;L=>9 A;56:8, >?@024K20; :>;;5:B82=CN >B25BAB25==>ABL - 70 ?@5ABC?;5=85 >B25G0NB B0:65 @>4AB25==8:8 8 A>A548 28=>2=>3>, ?>B><C GB> >=8 =5 4>=5A;8. !E>4=K5 8458 @072820;8 8 4@C385 ?@54AB028B5;8 4@52=5:8B09A:>3> ;5387<0, 0 A> 2@5<5=5< ( A> I I 2. 4> =. M. ) A<O3GQ==K5 ?>A@54AB2>< >1J548=5=8O A :>=DCF80=AB2>< M;5<5=BK ;5387<0 A>AB028;8 >D8F80;L=CN :8B09A:CN 845>;>38N.
< b r >
< d d > 0>- F7K, >A=>20B5;L 40>A87<0, >AB028; ?>A;5 A51O B@0:B0B & l a q u o ; =830 > 40> 8 4M& r a q u o ; , A>AB02;5==K9 53> CG5=8:0<8 2 I V - I I I 22. 4> =. M. 0>- F7K <KA;8; B0:: <8@ =5 5ABL 1>65AB25==>5 B2>@5=85, >= A>740= 5AB5AB25==K<8 70:>=0<8. A=>2>9 2A53> ACI53> O2;O5BAO < i > 40>< / i > , >?@545;ONI55 <8@>?>@O4>: 8 O2;ONI55AO 5AB5AB25==>9 < i > A?@0254;82>ABLN< / i > , ?5@54 :>B>@>9 2A5 @02=K. A5 154K G5;>25G5AB20 - 2 AB@5<;5=88 : < i > 1>30BAB2C< / i > , GB> O2;O5BAO >BE>4>< >B 40>. 0>- F7K AG8B05B 3>AC40@AB2> 8A:CAAB25==K< >1@07>20=85<, 87;8H=8< 4;O >1I5AB20. <5AB5 A B5<, 0>- F7K =0455BAO, GB> =0@CH5==>5 ;N4L<8 40> A<>65B A0<> 2>AAB0=>28BLAO, ?>MB><C =5 =04> A>25@H0BL =8:0:8E =0A8;LAB25==KE 459AB289 ?@>B82 3>AC40@AB20 ( @52>;NF88, 2>AAB0=8O 8 ?@. ) . >:>9 ?@8=>A8B B>;L:> >BACBAB285 65;0=89.
< b r >
< d d > 'B>1K ?@81;878BLAO : 8AB8==><C 40>, =C6=> ?@5645 2A53> >1C74K20BL G5;>25G5A:85 65;0=8O 8 AB@0AB8. 0>- F7K ?@>2>73;0A8; ?@8=F8? =545O=8O. @>AB>B0 <C4@0, >=0 >A=>20=0 =5 =0 7=0=8OE, 0 =0 8=BC8F88. & l a q u o ; C4@K9, C?@02;OO ;N4L<8, 45;05B ?CABK<8 8E <>738 8 ?>;=K<8 65;C4:8& r a q u o ; ( 0>- F7K) . & l a q u o ; B> AB@5<8BAO =0:>?8BL, B>B B>;L:> B5@O5B& r a q u o ; ( 0>- F7K) . 0>- F7K >AC6405B 2>9=C 8 2>AE20;O5B <8@.
< / p >
< p >
< d d > @8<5@=> 2 MB>B 65 ?5@8>4 70@>640;8AL 2>A?8B0B5;L=K5 >A=>2K < i > A25BA:>9 845>;>388< / i > 8 2 2@>?5, ?@5645 2A53> 2 @52=59 @5F88. 4=8<8 87 ?5@2KE A>740B5;59 B0:>3> @>40 8459 1K;8 < b > < i > A>D8ABK< / i > < / b > - 2 4>A;>2=>< ?5@52>45 < i > <C4@5FK< / i > . !>D8ABK 1K;8 ?;0B=K<8 CG8B5;O<8 <C4@>AB8, ?>765 >=8 2K@>48;8AL 2 >1KG=KE =54>1@>A>25AB=KE A?>@I8:>2. !@548 AB0@H8E A>D8AB>2 >1KG=> =07K20NB @>B03>@0, >@38O, @>48:0, 8??8O, =B8D>=B0. !@548 <;04H8E A>D8AB>2 <>6=> 2K45;8BL $@078<0E0, 0;;8:;0, 8:>D@>=0.
< b r >
< d d > @52=53@5G5A:89 <KA;8B5;L @>B03>@ 68; 2 4 8 1 - 4 1 1 33. 4> =. M. @>B03>@ ?@8=04;568B : H:>;5 AB0@H8E A>D8AB>2, 53> 4065 AG8B0NB 3;02=K< A>D8AB><. 5@>9 2A5E 25I59 @>B03>@ AG8B0; < i > G5;>25:0< / i > . '5;>25:, ?@5645 2A53>, O2;O5BAO < i > 8=48284><< / i > 8 < i > 3@0640=8=><< / i > ?>;8A0 ( B. 5. G0AB8G:>9 1>;LH53> F5;>3>) . AQ, 87<5@O5<>5 G5;>25G5A:>9 <5@>9, >B=>A8B5;L=>, ?>;0305B @>B03>@, B. :. =0H8 7=0=8O, ?>;CG5==K5 ?>A@54AB2>< >ICI5=89, @07=OBAO C @07=KE ;N459. >MB><C =5B 548=>9 8AB8=K, @57N<8@C5B >= - > 2AO:>9 25I8 2A5340 ACI5AB2C5B 420 ?@>B82>@5G82KE <=5=8O: A?@0254;82>5 8 =5A?@0254;82>5, ?>ABK4=>5 8 ?@5:@0A=>5 - >4=> 8 B> 65, A<>B@O :0: ( 8 :B>) >F5=8205B. "0:65 25AL<0 CA;>2=> 8 87<5=G82> ?@02>, @53C;8@CNI55 ?>2545=85 ;N459. @>B03>@ A>7405B <8D > @><5B55, >1JOA=OO, :0: 1K;> A>740=> 3>AC40@AB2>.
< b r >
< d d > @>B03>@ >B<5G05B, GB> C @07=KE =0@>4>2 ACI5AB2CNB @07;8G=K5 =>@<K ?@020, B. 5. 548=KE ?@54AB02;5=89 > 70:>==>AB8 2 <8@5 =5B. 5@8;>< 2A5E F5==>AB59, A?@0254;82>AB8 O2;O5BAO A0< ?>;8A, >1I5AB2>. >AC40@AB2> A0<> @5H05B, GB> AG8B0BL A?@0254;82K< 8 ?@5:@0A=K<, 0 GB> - =0>1>@>B. >MB><C @>B03>@ C@02=8205B ?@02> 8 70:>=, AG8B0O, GB> 2AO:89 70:>= A?@0254;82, B. 5. O2;O5BAO ?@02>2K<.
< b r >
< d d > AB5AB25==K9 70:>= C @>B03>@0 - 4>3>AC40@AB25==>5 A>AB>O=85 >1I5AB20, :>B>@>5 =5 ;CGH5 8 =5 EC65 3>AC40@AB25==>3>. @>B03>@ CB25@6405B @025=AB2> 2A5E ;N459 ?> >B=>H5=8N : <C4@>AB8, : 3>AC40@AB25==><C C?@02;5=8N. > <=5=8N @>B03>@0, ?>;8B8G5A:0O 4>1@>45B5;L 4>;6=0 1KBL 4>AB>O=85< < u > 2A5E 3@0640=< / u > , 8=0G5 3>AC40@AB2> ?@>AB> ?>381=5B. MB8E F5;OE @>B03>@ C?><8=0; ( >4=8< 87 ?5@2KE) < b > < i > =5>1E>48<>ABL 3>AC40@AB25==>3> 2>A?8B0=8O :064>3> 3@0640=8=0< / i > < / b > .
< b r >
< d d > 5A<>B@O =0 B8?8G=K5 4;O A>D8AB>2 872>@>BK 8 42CA<KA;5==>AB8, @>B03>@ >BAB08205B ?@8=F8?K A?@0254;82>AB8, 70:>==>AB8, 3>AC40@AB25==>3> ?>@O4:0.
< b r >
< d d > >@389 87 5>=B88 ( 4 8 3 - 3 7 5 33. 4> =. M. ) >B45;O5B =5?8A0=CN A?@0254;82>ABL ( ACI=>ABL 45;, 2A5>1I89 1>65AB25==K9 70:>=) >B ?>78B82=>3> ?@020, 40==>3> ;N4L<8. >@389 0:B82=> 2KABC?0; ?@>B82 2>9=K, 70 <8@, ?@87K20; M;;8=>2 ?@5:@0B8BL <564>CA>1=K5 2>9=K 8 A>2<5AB=> 1>@>BLAO ?@>B82 20@20@>2.
< b r >
< d d > 8??89 ( 4 6 0 - 4 0 0 33. 4> =. M. ) 87 -;84K. 8??89 >A>15==> @57:> ?@>B82>?>AB02;O; ?@8@>4C ( DNA8A) N@848G5A:><C 70:>=C ( =><>A) . 0:>=K ?@8@>4K - 8AB8==>5, 5AB5AB25==>5 ?@02>. A5 ;N48 @02=K <564C A>1>9 ?> ?@8@>45, 0 =5 ?> 70:>=C, ?>4G5@:820; 8??89. AB5AB25==>5 ?@02> 5ABL A?@0254;82>ABL, ?>78B82=K9 70:>=, 40==K9 3>AC40@AB2><, 59 ?@>B82>@5G8B, B. :. CAB0=02;8205B 8A:CAAB25==K5 B@51>20=8O. >78B82=K9 70:>= ?@>B82>@5G8B G5;>25G5A:>9 ?@8@>45, >= ;8HQ= A2>9AB20 =5>1E>48<>AB8, B. :. ?>AB>O==> <5=O5BAO. >B;8G85 >B ?>78B82=KE, 5AB5AB25==K5 70:>=K, ?> <=5=8N 8??8O, ( GB> 2 :>@=5 ?@>B82>@5G8B @>B03>@C) >48=0:>2> 2K?>;=ONBAO 2 ;N1>9 AB@0=5.
< b r >
< d d > =B8D>=B ( >:>;> 4 0 0 3. 4> =. M. ) 8 8:>D@>= ( :>B>@K9, ?>- 2848<><C, 1K; A>2@5<5==8:>< ;0B>=0) @0745;O;8 ?@5=51@565=85 8??8O : ?>78B82=><C 70:>=C, AG8B0O, GB> B0:>5 ?@02> O2;O5BAO ?@>4C:B>< >1KG=>9 G5;>25G5A:>9 4>3>2>@5==>AB8. =B8D>=B CB25@640;, GB> ?@54?8A0=8O 70:>=0 ( 2 >B;8G85 >B 25;5=89 ?@8@>4K) CA;>2=K 8 4065 2@06451=K ?@8@>45 G5;>25:0. 4=0:> 4065 =B8D>=B 8 8:>D@>= ?>445@6820;8 ACI5AB2>20=85 @01AB20.
< b r >
< d d > =B8D>=B 8 8:>D@>= ?>4G5@:820;8, GB> G5;>25G5A:85 70:>=K <>6=> =0@CH8BL 157=0:070==> ( 254L ?@5ABC?=8:0 <>3CB 8 =5 =09B8) , 0 2>B =0@CH8B5;O 70:>=>2 ?@8@>4K 2A5340 645B 70A;C65==0O :0@0. A=>2=>9 B@C4 =B8D>=B0 =07K205BAO & l a q u o ; 48=><KA;85& r a q u o ; , 2 =Q< =0?8A0=>, GB> G5;>25: 4>;65= 68BL ?@58<CI5AB25==> 2 3>AC40@AB25, ?@8 MB>< A@548 3@0640= 4>;6=> < u > ACI5AB2>20BL 548=><KA;85< / u > 2 ?>=8<0=88 70:>=0. @8 MB>< ?@02> O2;O5BAO 30@0=B859 ;8G=KE ?@02 G5;>25:0, :>B>@K5 70:@5?;ONBAO 8 >E@0=ONBAO 3>AC40@AB2><, B0: AG8B0; 8:>D@>=. = 65 >B@8F0; =5@025=AB2> ;N459 ?> ?@8@>45.
< b r >
< d d > $@078<0E 87 %0;:84>=0 68; 8 B2>@8; 2 @52=59 @5F88 2> 2B>@>9 ?>;>28=5 V 2. 4> =. M. = 1K; O@:8< A>D8AB>< <;04H53> ?>:>;5=8O. $@078<0E CB25@640;, GB> ACI5AB2C5B >?@545;Q==K9 ?@8=F8? 2;0AB2>20=8O: 2K3>40 A8;L=59H53>. >MB><C 2 :064>< 3>AC40@AB25 A8;C 8<55B B>B, :B> AB>8B C 2;0AB8. AB5AB25==>, GB> ;N10O 2;0ABL, CAB0=>282 A2>8 70:>=K, >1JO2;O5B 8E A?@0254;82K<8.
< b r >
< d d > >440==K5 2A5340 45;0NB B>, GB> C3>4=> ?@028B5;N, ?>A:>;L:C A8;0 C =53>, ?>4G5@:8205B $@078<0E. = AB0; @07@010BK20BL 02B>@8B0@=CN :>=F5?F8N 70:>=0.
< b r >
< d d > !>D8AB 0;;8:; 1K; AB>@>==8:>< < i > 0@8AB>:@0B88< / i > , B. 5. ?@02;5=8O ;CGH8E, 1K; ?@>B82 < i > 45<>:@0B88< / i > . 0;;8:; AG8B0;, GB> 70:>=K 8740NB =5 A8;L=K5, 0 A;01K5 ( 45<>A) , GB>1K >3@0=8G8BL 8 70?C30BL A8;L=KE ( 0@8AB>:@0B8N) .
< b r >
< d d > !>D8ABK 1K;8 ?5@2K<8 =0AB>OI8<8 B5>@5B8:0<8 ?@020, 3>AC40@AB20, ?>;8B8:8, A25BA:>3> ?>2545=8O. 458 A>D8AB>2 ?>;CG8;8 2B>@>5 @>645=85 8 2=>2L AB0;8 @07@010BK20BLAO 2 >2>5 2@5<O.
< / p >
< p >
< d d > 06=K9 2:;04 2 45;> @0728B8O < i > A25BA:>9 845>;>388< / i > 2A;54 70 A>D8AB0<8 2=QA 25;8:89 4@52=53@5G5A:89 D8;>A>D !>:@0B ( 4 6 9 - 3 9 9 33. 4> =. M. ) , :>B>@K9 AG8B0;, GB> ?@028BL 4>;6=K < b > < i > 7=0NI85< / i > < / b > . 450;>< !>:@0B0 O2;O;0AL < i > 0@8AB>:@0B8O <C4@KE< / i > . 0AB>OI55 7=0=85, ?> !>:@0BC, =C6=> ?>;CG0BL =5 >B CG8B5;O, 0 ?CBQ< C3;C1;Q==>3> A0<>?>7=0=8O.
< b r >
< d d > "@51>20=85 !>:@0B0 & l a q u o ; ?@028BL 4>;6=K 7=0NI85& r a q u o ; >B=>A8BAO :> 2A5< ?>;8B8G5A:8< D>@<0<: & l a q u o ; &0@8 8 ?@028B5;8 =5 B5, :>B>@K5 =>AOB A:8?5B@K, =5 B5, :>B>@K5 871@0=K 8725AB=K<8 25;L<>60<8, 8 =5 B5, :>B>@K5 4>AB83;8 2;0AB8 ?>A@54AB2>< 6@518O 8;8 =0A8;85<, >1<0=><, => B5, :>B>@K5 < u > C<5NB ?@028BL< / u > & r a q u o ; .
< b r >
< d d > >4>1=K9 ?>;8B8G5A:89 8450; < i > ?@02;5=8O 7=0NI8E< / i > :@8B8G5A:8 @0AE>48;AO A ?@8=F8?0<8 :0: 45<>:@0B88, B0: 8 @>4>2>9 0@8AB>:@0B88, >;830@E88 8 B8@0=88. A>1> @57:> :@8B8:>20; !>:@0B < i > B8@0=8N< / i > .
< b r >
< d d > ?;0=5 ?@0:B8G5A:>9 ?>;8B8:8 A>:@0B>2A:89 8450; >7=0G0; < i > ?@02;5=85 7=0NI8E< / i > , B. 5. >1>A=>20=85 ?@8=F8?0 < b > < i > :><?5B5=B=>AB8 ?@02;5=8O< / i > < / b > , 0 2 ?;0=5 B5>@5B8G5A:>< - ?>?KB:C 2KO28BL 8 AD>@<C;8@>20BL < b > @07C<=>- =@02AB25==CN >A=>2C < / b > 8< b > ACI=>ABL < / b > 3>AC40@AB20. 450;>< !>:@0B0 1K;0 < i > 0@8AB>:@0B8O 7=0NI8E< / i > .
< b r >
< d d > >A=>25 E0@0:B5@8AB8:8 @07;8G=KE D>@< 3>AC40@AB20 ;560; 2K428=CBK9 !>:@0B>< ?@8=F8? 70:>==>AB8. 2>?@>A5 > D>@<5 ?@02;5=8O 2 3>AC40@AB25 !>:@0B @07;8G05B < i > F0@AB2>< / i > 8 < i > B8@0=8N< / i > , < i > 0@8AB>:@0B8N< / i > 8 < i > >;830@E8N< / i > , ?@028;L=CN < i > 45<>:@0B8N< / i > 8 =5?@028;L=CN < i > 45<>:@0B8N< / i > . 5@20O 87 D>@< ?@02;5=8O 2 :064>9 ?0@5 - ?@028;L=0O, 0 2B>@0O - =5?@028;L=0O. -B0 :;0AA8D8:0F8O 2?>A;54AB288 ( 2 ?5@5@01>B:5 @8AB>B5;O) AB0;0 < b > < i > :;0AA8G5A:>9< / i > < / b > .
< b r >
< d d > B@8F0B5;L=> !>:@0B >B=>A8;AO : & l a q u o ; :@09=59& r a q u o ; 45<>:@0B88 2 @>4=>< ?>;8A5, ?@8 3>A?>4AB25 :>B>@>9 D8=K ?>B5@?5;8 ?>@065=85 >B !?0@BK 8 ?>B5@O;8 A2>8 254CI85 ?>78F88 2> 2A59 -;;045. !>:@0B =5 25@8; 2 MDD5:B82=>ABL < i > 45<>:@0B88< / i > , @57C;LB0B82=>ABL 45OB5;L=>AB8 =0@>4=>3> A>1@0=8O. A;8, 3>2>@8; !>:@0B, =52>7<>6=> 8A?>;=OBL & l a q u o ; CAB0=>2;5=8O ?@54:>2& r a q u o ; , B>, ?> :@09=59 <5@5, A;54C5B ?>4@060BL & l a q u o ; B5<, :>B>@K5 2 =0AB>OI55 2@5<O AG8B0NBAO ?5@2K<8& r a q u o ; , B. 5. !?0@B5.
< b r >
< d d > A=>2=K5 >BABC?;5=8O A;>682H8EAO 2 D8=0E >1I5AB25==>- ?>;8B8G5A:8E ?>@O4:>2 >B @07C<=KE =0G0; !>:@0B 2845; 2 BO35 A2>8E A>3@0640= : < i > ABO60B5;LAB2C< / i > 8 2 < i > =5:><?5B5=B=>AB8< / i > 45<>:@0B8G5A:>3> ?@02;5=8O.
< b r >
< d d > !>:@0B ?5@2K< 2K428=C; ?@8=F8? 70:>==>AB8 8 A0< 53> ?> 687=8 2A5340 ?@8=F8?80;L=> ?@845@6820;AO. 0:>==>ABL, ?> <=5=8N !>:@0B0, A>AB>8B 2 B><, GB>1K ?>4G8=OBLAO 70:>=0< A2>53> 3>AC40@AB20. !2>1>40, ?> !>:@0BC, - MB> ?@5:@0A=>5 8 25;8G5AB25==>5 4>AB>O=85 8 4;O G5;>25:0, 8 4;O 3>AC40@AB20. A5 70:>=K 2708<>7028A8<K, B. :. >1CA;>2;5=K 1>65AB25==K< ?5@2>8AB>G=8:><. 5@54 70:>=>< 4>;6=K 1KBL @02=K 8 ?@028B5;8, 8 ?>440==K5.
< b r >
< d d > =>385 284OB 2 CG5=88 !>:@0B0 ?@54?>AK;:8 4>3>2>@=>9 B5>@88 2708<>>B=>H5=89 3@0640=8=0 8 ?>;8A0, => AB>@>=K 2 B0:>< 4>3>2>@5 =5 @02=K, 3>AC40@AB2> O2=> ?@5>1;0405B. >AC40@AB2> 8 8740205<K5 8< 70:>=K O2;ONBAO 2KAH8<8 < i > @>48B5;O<8< / i > , < i > 2>A?8B0B5;O<8< / i > 8 < i > ?>25;8B5;O<8< / i > 4;O A2>8E 3@0640=.
< b r >
< d d > !;54CNI8< MB8G5A:8< CG5=85<, >:0702H8< =5873;048<K9 A;54 =0 @0728B85 < i > A25BA:>9 845>;>388< / i > 2 2>A?8B0=88 G5;>25G5AB20, A;54C5B AG8B0BL AC3C1> < i > A25BA:>5< / i > < i > CG5=85 >1< / i > < b > < i > MB8:5 < / i > < / b > 25;8:>3> 4@52=53@5G5A:>3> D8;>A>D0 < b > < i > @8AB>B5;O< / i > < / b > ( I V 25: 4> =. M. ) , :>B>@K9 ?>;030; 2KAH55 1;03> 8;8 2KAH59 F5;LN G5;>25G5A:>9 45OB5;L=>AB8 - < i > 1;065=AB2>< / i > , A>AB02;ONI8<8 :>B>@>3> >= AG8B0; GC2AB2> < i > C4>2>;LAB28O< / i > 8 < i > 4>1@>45B5;L< / i > ( 45OB5;L=>5 AB@5<;5=85 : 4>1@C, : 871560=8N 7;0) . >A;54=59 2A5340 4>;6=> >B4020BLAO ?@54?>GB5=85, :0: F5==>9 A515 A0<>9. >1@>45B5;L, ?> <=5=8N @8AB>B5;O, 2>>1I5 A>AB>8B 2 @07C<=>9 45OB5;L=>AB8, :>B>@0O <>65B 1KBL < i > B5>@5B8G5A:>9< / i > 8 < i > MB8G5A:>9< / i > ( ?@0:B8G5A:>9) , ?@8GQ< ?5@20O 70=8<05B 2KAH55 <5AB>.
< b r >
< d d > >A=>25 MB8G5A:8E 4>1@>45B5;59 ;568B < b > < i > @07C<< / i > < / b > 8 < b > < i > 2>;O< / i > < / b > , 0 B0:65 5AB5AB25==>5 ?@54@0A?>;>65=85 : < i > 4>1@><C< / i > . ">;L:> B>340 4>1@>45B5;L <>65B 1KBL ?@>G=K< 8 =587<5==K< A>AB>O=85< 4CH8, :0:>2K< >=0 8 4>;6=0 1KBL ?> A2>59 8455. 206=K< 4>1@>45B5;O< @8AB>B5;L >B=>A8; < i > A?@0254;82>ABL< / i > 8 < i > 4@C61C< / i > , >A=>2C :>B>@>9 >= 2845; 2 B><, GB> G5;>25: ?> ?@8@>45 AB@5<8BAO 1KBL 2 >1I5=88 A A515 ?>4>1=K<8, 0 8450; - 2 >1I5< AB@5<;5=88 : 4>1@><C 8 ?@5:@0A=><C.
< b r >
< d d > < i > -B8:0< / i > 8<55B 2 284C >B45;L=CN ;8G=>ABL ( C<5=85 25AB8 A51O) , < i > ?>;8B8:0< / i > - >1I5AB2> 8;8, B>G=55, 3>AC40@AB2> ( C<5=85 C?@02;5=8O 3>AC40@AB2><) . A8;C ?@8ACI53> 5<C A>F80;L=>3> 8=AB8=:B0 G5;>25: =C6405BAO 2 >1I5AB25 =5 B>;L:> 4;O A>E@0=5=8O D878G5A:>9 687=8, => 8 4;O =@02AB25==>3> ?@>3@5AA0. BAN40 < b > 3>AC40@AB2>< / b > - 2KAH0O D>@<0 G5;>25G5A:>3> >1I568B8O - ?> CB25@645=8N @8AB>B5;O, :0: 8 53> CG8B5;O ;0B>=0, 8<55B < b > < i > ?5403>38G5A:>5< / i > < / b > ( 2>A?8B0B5;L=>5) < i > ?@54=07=0G5=85< / i > : 7040G0 53> =0@O4C A 2=5H=59 >E@0=>9 < b > < i > 2>A?8BK20BL< / i > < / b > < b > < i > 3@0640=< / i > < / b > : 4>1@>45B5;8 8 1;065=AB2C.
< b r >
< d d > >AC40@AB25==>5 CAB@>9AB2>, ?> @8AB>B5;N, 4>;6=> A>>B25BAB2>20BL E0@0:B5@C 8 ?>B@51=>ABO< =0@>40, 4;O :>B>@>3> >=> ?@54=07=0G5=>. 0640O D>@<0 ?@02;5=8O ( <>=0@E8G5A:0O, 0@8AB>:@0B8G5A:0O, 45<>:@0B8G5A:0O) <>65B 1KBL E>@>H59, 5A;8 5N 4>AB8305BAO < i > >1I55 1;03>< / i > , 0 =5 < i > 2K3>40 ?@028B5;59< / i > , 0 B0:>5 2 @50;L=KE CA;>28OE 687=8 <>65B 1KBL 4>AB83=CB> B>;L:> ?@8 < b > < i > 0@8AB>:@0B88< / i > < / b > ( 2;0AB8 ;CGH8E) , ?>B><C GB> 8<5==> MB>B 3>AC40@AB25==K9 AB@>9 30@0=B8@C5B 2K42865=85 ;CGH8E ?> C<C 8 =@02AB25==><C 4>AB>8=AB2C ;N459. ?@8=F8?5 2A5 3@0640=5 8<5NB ?@02> =0 CG0AB85 2 3>AC40@AB25==>< C?@02;5=88, => 4>?CA:0NBAO : =5<C ?> 4>AB865=88 7@5;>3> 2>7@0AB0 B>;L:> ?>;CG82H85 A>>B25BAB2CNI55 2>A?8B0=85 8 >1@07>20=85, ?>A:>;L:C B>;L:> G5@57 ?@028;L=>5 2>A?8B0=85 G5;>25: AB@5<8BAO 4>AB83=CBL C<AB25==>9 8 =@02AB25==>9 2KA>BK.
< / p >
< p >
< d d > 5 2 9 3>4C @8<A:89 8<?5@0B>@ .AB8=80= A?5F80;L=K< 45:@5B>< 70?@5B8; ?@5?>4020=85 3@5G5A:>9 D8;>A>D88 8 70:@K; ?;0B>=>2A:CN :045<8N 2 D8=0E. "0:8< 6QAB:8< ?CBQ< =0 A<5=C 0=B8G=>9 D8;>A>D88 ?@8H;> < i > E@8AB80=AB2>< / i > , 8 2A;54 70 3@5G5A:>9 H:>;>9 MB8G5A:8E CG5=89, :>B>@K5 =0@O4C A :>=DCF80=AB2>< A;54C5B >B=5AB8 : < i > =0CG=>- 0B58AB8G5A:><C< / i > =0?@02;5=8N 2 A25BA:>< 2>A?8B0=88 G5;>25G5AB20, 2=>2L =0 <=>385 25:0 2>7>1;040;8 =5A25BA:85, @5;838>7=K5 CG5=8O. 4=8< 87 =8E, =081>;55 206=K< 2 2>A?8B0B5;L=>< ?@>F5AA5 G5;>25G5AB20, A;54C5B AG8B0BL A>1AB25==> < b > < i > E@8AB80=A:>5 < / i > < / b > < i > CG5=85< / i > . -B0 <>=>B58AB8G5A:0O @5;838O ?@82;5:;0 : A515 3>@074> 1>;LH5 ?>A;54>20B5;59, G5< :0:0O- ;81> 4@C30O. =0AB>OI55 2@5<O 5Q AB>@>==8:0<8 =0 5<;5 AG8B0NB A51O 1>;55 1 <8;;80@40 G5;>25:, E>BO A0<0 @5;838O A> 2@5<5=5< @0A?0;0AL =0 B@8 25B28 ( :0B>;8F87<, ?@02>A;0285 8 ?@>B5AB0=B87<) 8 <=>3>G8A;5==K5 A5:BK.
< b r >
< d d > AB>@8G5A:8<8 ?@54?>AK;:0<8 ?>O2;5=8O < i > E@8AB80=AB20< / i > AB0;> B>, GB> ;N48 AB0=>28;8AL 2AQ 1>;55 @0728BK<8, 8E >B=>H5=8O 2 >1I5AB25 C?>@O4>G820;8AL, 687=L G5;>25:0 =018@0;0 F5=C. !@548 ?>4;8==KE ;N459 8=B5;;5:B AB0; F5=8BLAO 1>;LH5, =565;8 3@C10O D878G5A:0O A8;0. N48 ?@0:B8G5A:8 1K;8 3>B>2K : B><C, GB>1K ?@8=OBL 8 ?@>?CAB8BL G5@57 4CHC 1>;55 CB>=GQ==K5 8 A>25@H5==K5 ?@028;0 ?>2545=8O 2 >1I5AB25, B. 5. A2>53> >1I568B8O.
< b r >
< d d > =8F80B>@>< =>2>3> B>;G:0 2 @0728B88 4@52=59 @5;8388, >A=>20==>9 =0 845OE 548=>1>68O - 8C4087<0, AB0; < i > 8ACA %@8AB>A< / i > , :>B>@K9 2 I 25:5 =>2>9 M@K 2K=5A 5Q 70 ?@545;K 52@59A:>9 >1I8=K, 4>?>;=82 A2>8<8 845O<8. 8B>35 %@8AB>A AD>@<C;8@>20; >A=>2=K5 ?@8=F8?K E@8AB80=AB20, :0A0NI85AO G5;>25G5A:>3> ?>2545=8O. 4=0:> 3;02=K< @0A?@>AB@0=8B5;5< 8 ?>?C;O@870B>@>< E@8AB80=AB20 2AQ 65 AG8B05BAO ?>AB>; 025;.
< b r >
< d d > >;LH8=AB2> MB8G5A:8E E@8AB80=A:8E =>@< ?>2545=8O A>45@60BAO 2 < b > < i > 81;88< / i > < / b > ( 5BE89 8 >2K9 025BK) , :>B>@0O 2A;54 70 < b > < i > "0;<C4><< / i > < / b > , 2 :>B>@>< 87;>65=K @5;838>7=>- MB8G5A:85 8 ?@02>2K5 ?>;>65=8O 8C4087<0 ( 25BE>7025B=0O <>@0;L) , AB0;0 ?> ACI5AB2C 2B>@K< 2 8AB>@88 @5;838>7=K< CG51=8:>< 4;O 2>A?8B0=8O ;N459.
< b r >
< d d > @02AB25==0O ACBL E@8AB80=AB20 A>A@54>B>G5=0 2 < b > < i > 03>@=>9 @>?>2548< / i > < / b > - >B@K2:5 87 20=35;8O >B 0BD5O ( 3;02K 5 - 7 ) , 345 %@8AB>A ?@>?>254C5B >A=>2=K5 <>@0;L=K5 ?@8=F8?K A2>53> CG5=8O ( =>2>7025B=CN <>@0;L) : ;N1>2L : >3C 8 1;86=5<C, A0<>>B25@65==K9 ?>8A: 8AB8=K, 45;0=85 4>1@0. < i > 03>@=>9 @>?>2548< / i > %@8AB>A >1@0I05BAO : 25BE>7025B=><C 70:>=C, ?>4B25@640O 8 C3;C1;OO 53>. >@0;L=K5 B@51>20=8O < i > 03>@=>9 @>?>2548 < / i > >1@0I5=K : ;8G=>9 A>25AB8 G5;>25:0 8 =5 ?@54;030NB :0:CN- ;81> =>2CN <>45;L >1I5AB25==>- 3>AC40@AB25==>3> CAB@>9AB20.
< b r >
< d d > =>2><C 2 CG5=88 A;54C5B >B=5AB8 452OBL =>2>7025B=KE 70?>25459, =>AOI8E =0720=85 < b > < i > 0?>25459 1;065=AB20< / i > < / b > , :>B>@K5 ?@54AB02;ONB A>1>N 2 A>:@0IQ==>< 2845 :0: 1K 2AQ < i > 20=35;85< / i > . %0@0:B5@=>, GB> 2 >B;8G85 >B 1 0 25BE>7025B=KE 70?>25459, 345 3>2>@8BAO ?@58<CI5AB25==> > 2=5H=8E ?>ABC?:0E G5;>25:0 8 =0;030NBAO AB@>385 70?@5I5=8O 2 :0B53>@8G5A:>9 D>@<5, 2 =>2KE 70>AB@5=> 2=8<0=85 =0 2=CB@5==59 =0AB@>5==>AB8 G5;>25G5A:>9 4CH8 8 87;030NBAO =5 B@51>20=8O 2 :0B53>@8G5A:>9 D>@<5, 0 ;8HL CA;>28O, ?@8 A>1;N45=88 :>B>@KE 4>AB868<> 4;O G5;>25:0 25G=>5 1;065=AB2>
< b r >
< d d > 20=35;8AB C:0 4>?>;=O5B CG5=85 A2. 0BD5O > 1;065=AB25. = ?@82>48B A;>20 8ACA0 %@8AB0, A>45@60I85 ?@54>AB5@565=85 B5< ;N4O<, :>B>@K5 284OB 1;065=AB2> ;8HL 2 C?>5=88 75<=K<8 1;030<8. & l a q u o ; < b > >@5 20<, 1>30BK5! < / b > & r a q u o ; - 3>2>@8B %@8AB>A, ?@>B82>?>AB02;OO MB8E 1>30BKE =8I8< 4CE><. 45AL 8<5NBAO 2 284C =5 ?@>AB> >1;040NI85 75<=K< 1>30BAB2><, :>=5G=>, 0 C?>20NI85 =0 =53>, 3>@4K5, ?@52>7=>AOI85AO, =04<5==> >B=>AOI85AO : 4@C38< ;N4O<. & l a q u o ; < b > >@5 20<, ?@5AKI5==K5 =K=5: 81> 270;G5B5< / b > & r a q u o ; - 2 ?@>B82>?>;>6=>ABL & l a q u o ; 0;GCI8< 8 6064CI8< ?@024K& r a q u o ; , MB> ;N48 =5 8ICI85 8AB8=, => 4>2>;L=K5 A2>59 ;65?@024>9. & l a q u o ; < b > >@5 20<, A<5NI85AO =K=5: 81> 2>A?;0G5B5 8 2>7@K405B5< / b > & r a q u o ; - B0:85, =5A><=5==>, ?@>B82>?>;030NBAO ?;0GCI8<, MB> ;N48 15A?5G=K5, ;53:><KA;5==> >B=>AOI85AO : ?@>2>6405<>9 8<8 3@5E>2=>9 687=8. 8@, 2> 7;5 ;560I89, ;N18B B5E, :B> ?>B2>@AB2C5B 5<C, :B> 682QB ?> 53> ?>@>G=K< >1KG0O<; ?>MB><C: & l a q u o ; < b > 3>@5 20<, :>340 2A5 ;N48 1C4CB 3>2>@8BL > 20A E>@>H>< / b > & r a q u o ; - MB> ?@87=0: =51;03>?>;CG8O 20H53> =@02AB25==>3> A>AB>O=8O, 81> F5==0 ?>;>68B5;L=0O >F5=:0 ;8HL E>@>H8E ;N459.
< b r >
< d d > 4@C38< 206=K< 70?>254O< < i > 03>@=>9 @>?>2548< / i > <>6=> >B=5AB8 A;54CNI85:
< b r >
< d d > < b > - 5;L7O 3=520BLAO< / b > . A;8 A;54>20BL 1>;55 3;C1>:><C 8 4CE>2=><C ?>=8<0=8N 8 8A?>;=5=8N 25BE>7025B=KE 70?>25459, B> <0;> B>;L:> =5 C1820BL G5;>25:0 D878G5A:8, =5;L7O C1820BL 53> 8 <>@0;L=>, 3=520OAL =0 =53> =0?@0A=>. @>B>ABL 8 ;N1>2L E@8AB80=8=0 : 1;86=8< 4>;6=0 ?@>AB8@0BLAO 4> B>3>, GB>1K =5 B>;L:> A0<><C =5 3=520BLAO =8 =0 :>3>, => 8 =8G5< =5 2K7K20BL 3=520 ?@>B82 A51O A> AB>@>=K 4@C38E.
< b r >
< d d > < b > - 5;L7O ?@5;N1>459AB2>20BL 2 A5@4F5 A2>5<. < / b > #B>G=OO 7 - N 70?>254L 70:>=0 >68O: & l a q u o ; 5 ?@5;N1K A>B2>@8& r a q u o ; , %@8AB>A CG8B, GB> =5 B>;L:> 2=5H=55 459AB285 ?@5;N1>45O=8O 5ABL ?@5ABC?;5=85, => 8 2=CB@5==55 2>645;5=85, 273;O4 =0 65=I8=C A 2>645;5=85<. 5 2AO:89 273;O4 =0 65=I8=C 3@5E, => 273;O4, A>548=5==K9 A 2=CB@5==8< ?>65;0=85< A>25@H8BL A =5N 3@5E ?@5;N1>45O=8O.
< b r >
< d d > < b > - 5;L7O @072>48BLAO. < / b > A2O78 A MB8< %@8AB>A 70?@5I05B <C6C @072>48BLAO A> A2>59 65=>9 & l a q u o ; :@><5 28=K ;N1>45O=8O& r a q u o ; . 5BE>7025B=K9 70:>= >8A552 @07@5H05B <C6C @0725AB8AL A> A2>59 65=>9, 402 59 @072>4=>5 ?8AL<>, ?8AL<5==>5 A2845B5;LAB2>, GB> >=0 1K;0 53> 65=>9, 8 GB> >= >B?CA:05B 5Q >B A51O ?> B0:>9 8;8 B0:>9 ?@8G8=5.
< b r >
< d d > < b > - 5 :;O=8AL 2>2A5. < / b > 5BE>7025B=K9 70:>= 70?@5I0; C?>B@51;OBL :;OB2C 8<5=5< >688< 2 45;0E ?CABKE, B5< 1>;55 2> ;68. "@5BLO 70?>254L 70:>=0 >68O 70?@5I05B C?>B@51;5=85 8<5=8 >68O 2AC5, 70?@5I05B 2AO:>3> @>40 ;53:><KA;5==>5 >B=>H5=85 : :;OB25 8<5=5< >688<. !>2@5<5==K5 %@8AB>AC 8C458, 65;0O ?> 1C:25 8A?>;=8BL MB> 70?@5I5=85 7;>C?>B@51;OBL 8<5=5< >688<, 2<5AB> MB>3>, :;O;8AL =51>< 8;8 75<;59, 5@CA0;8<><, A2>59 3>;>2>9 8, B0:8< >1@07><, 157 C?>B@51;5=8O 8<5=8 >68O, 2AQ 65 :;O;8AL 8 2AC5 8 2> ;68. -B8 :;OB2K 8 70?@5I05B 8ACA %@8AB>A, 81> 2AQ A>B2>@5=> >3><: :;OABLAO :0:8<- ;81> 3> B2>@5=85< 7=0G8B :;OABLAO !>B2>@82H8<, 8 :;OABLAO < 2> ;68 7=0G8B >A:>@1;OBL A2OB>ABL :;OB2K. %@8AB80=8= 4>;65= 1KBL =0AB>;L:> G5AB=K< 8 ?@02482K<, GB> 5<C 4>;6=K 25@8BL ?> >4=><C A;>2C: & l a q u o ; 59, 59: =8, =8& r a q u o ; 157 2AO:>9 1>61K. > 2 206=KE A;CG0OE MB8< >B=N4L =5 70?@5I05BAO 70:>==0O :;OB20 8;8 ?@8AO30. 0?@5I05BAO :;OB20 ?CAB0O, ;53:><KA;5==0O.
< b r >
< d d > 4@52=>AB8 <5ABL 1K;0 =0AB>;L:> @0A?@>AB@0=5=0, GB> 206=> 1K;> E>BO 1K =5A:>;L:> C<5@8BL 5Q ?@>O2;5=8O, GB> 8 45;0; 25BE>7025B=K9 70:>=. 0?>2548 %@8AB0 A>2A5< >B<5=ONB <5ABL, ?@>?>254CO ;N1>2L : A2>8< 2@030<. > 87@5G5=85: & l a q u o ; < b > =5 ?@>B828B8AO 7;C< / b > & r a q u o ; =8:0: =5;L7O ?>=8<0BL 2 A<KA;5 & l a q u o ; =5?@>B82;5=8O 7;C 2>>1I5& r a q u o ; , :0: MB> 45;0; 52 ">;AB>9. %@8AB>A 2>A?@5I05B 2>AAB020BL A >B25B=>9 7;>1>9 ?@>B82 G5;>25:0, ?@8G8=O2H53> 20< 7;>, => :> 2AO:><C 7;C, :0: : B0:>2><C, E@8AB80=8= 4>;65= 1KBL A>25@H5==> =5?@8<8@8<K< 8 4>;65= 1>@>BLAO A> 7;>< 2A5<8 4>ABC?=K<8 5<C <5@0<8, =5 4>?CA:0O B>;L:> 7;0 2 A2>Q A>1AB25==>5 A5@4F5. 5 A;54C5B ?>=8<0BL 1C:20;L=> A;>20: & l a q u o ; > 0I5 :B> C40@8B BO 2 45A=CN B2>N ;0=8BC, >1@0B8 5<C 8 4@C3CN& r a q u o ; , 81> 8725AB=>, GB> A0< %@8AB>A ?>ABC?8; 8=0G5, :>340 53> =0 4>?@>A5 C40@8;8 ?> I5:5. = CB25@640;, GB> =5 B>;L:> B2>@OI8E 7;> 2>>1I5, => 8 =0H8E ;8G=KE >184G8:>2 <K 4>;6=K AB0@0BLAO 8A?@02;OBL. 0?@5I05BAO 7;>5 GC2AB2> <AB8B5;L=>AB8, => =5 1>@L10 A> 7;><. 0?@5I05BAO B0:65 ACBO6=8G5AB2>, 0 =0>1>@>B ?@54?8AK205BAO C4>2;5B2>@5=85 =C64 1;86=53>: & l a q u o ; ?@>AOI5<C C B515 409! & r a q u o ; -B>, :>=5G=>, =5 8A:;NG05B B5E A;CG052, :>340 4020BL ?@>AOI5<C =5 B>;L:> =5 ?>;57=>, => 8 2@54=>: 8AB8==0O E@8AB80=A:0O ;N1>2L : 1;86=5<C =5 4>?CAB8B, =0?@8<5@, 40BL =>6 ?@>AOI5<C 53> C189F5 8;8 O4 65;0NI5<C ;8H8BL A51O 687=8.
< b r >
< d d > 5BE>< 025B5 <K =5 =0E>48< 70?>2548: & l a q u o ; < b > 2>7=5=02848H8 2@030 B2>53>< / b > & r a q u o ; , =>, ?>- 2848<><C, 8C458 A0<8 872;5:;8 A515 B0:CN 70?>254L 87 70?>2548 > ;N128 : 1;86=5<C, 81> & l a q u o ; 1;86=8<8& r a q u o ; >=8 AG8B0;8 B>;L:> ;N459, 1;87:8E ?> 25@5, ?> ?@>8AE>645=8N 8;8 ?> 2708<=K< CA;C30<. AB0;L=K5, B. 5. 8=>25@FK, 8=>?;5<5==8:8 8 ;N48, 2K:0702H85 7;>1C, AG8B0;8AL & l a q u o ; 2@030<8& r a q u o ; , ;N1>2L : :>B>@K< :070;0AL =5C<5AB=>9. %@8AB>A 65 70?>2540;, GB>1K, & l a q u o ; :0: B5F =0H 515A=K9, GC64K9 3=520 8 =5=028AB8, ;N18B 2A5E ;N459, 40;55 7;KE 8 =5?@0254=KE, :0: 45B59 !2>8E, B0: 8 <K, 65;0NI85 1KBL 4>AB>9=K<8 AK=0<8 BF0 515A=>3>, ;N18;8 1K 2A5E, 4065 2@03>2 A2>8E& r a q u o ; . %@8AB>A 65;05B, GB>1K 53> ?>A;54>20B5;8 2 =@02AB25==>< >B=>H5=88 1K;8 2KH5 8C4552 8 O7KG=8:>2, ;N1>2L :>B>@KE : 4@C38< ;N4O< >A=>20=0 2 ACI=>AB8 =0 A51O;N188. N1>2L @048 >30, @048 70?>2548 >6859, 4>AB>9=0 =03@04K, => ;N1>2L ?> 5AB5AB25==>9 A:;>==>AB8 8;8 @048 A2>59 68B59A:>9 2K3>4K, =03@04K =5 70A;C68205B. "0:, 2>AE>4O ?>AB5?5==> 2AQ 2KH5 ?> ;5AB=8F5 E@8AB80=A:>3> A>25@H5=AB20, E@8AB80=8= 4>94QB, =0:>=5F, 4> 2KA>G09H59 8 B@C4=59H59 4;O 5AB5AB25==>3> 8 =52>7@>64Q==>3> G5;>25:0 70?>2548 > ;N128 : 2@030<, :>B>@>9 70:;NG05B %@8AB>A ?5@2CN G0ABL A2>59 03>@=>9 @>?>2548.
< b r >
< d d > < b > - 5 AC48B5, 40 =5 AC48<K 1C45B5< / b > - MB8 A;>20 A2. C:0 ?5@540QB B0:: & l a q u o ; 5 >AC6409B5, 40 =5 >AC645=K 1C45B5& r a q u o ; . -B8< 70?@5I05BAO, A;54>20B5;L=>, =5 & l a q u o ; AC645=85& r a q u o ; > 1;86=5<, 0 & l a q u o ; >AC645=85& r a q u o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l a q u o ; A;8 :B> ?@5;N1>459AB2C5B, =5C65;8 O =5 4>;65= A:070BL, GB> ?@5;N1>45O=85 5ABL 7;>, 8 =5C65;8 =5 4>;65= 8A?@028BL @0A?CB=8:0? A?@02L, => =5 :0: =5?@8OB5;L, =5 :0: 2@03, ?>425@30O 53> =0:070=8N, => :0: 2@0G, ?@8;030NI89 ;5:0@AB2>. 04> =5 ?>@8F0BL, =5 ?>=>A8BL, => 2@07C<;OBL; =5 >128=OBL, => A>25B>20BL; =5 A 3>@4>ABLN =0?040BL, => A ;N1>2LN 8A?@02;OBL& r a q u o ; .
< b r >
< d d > < b > - @>A8B5, 8 40=> 1C45B 20<< / b > . MB>< =0AB02;5=88 %@8AB>A CG8B ?>AB>O=AB2C, B5@?5=8N 8 CA5@48N 2 <>;8B25. AB8==K9 E@8AB80=8= =5 AB0=5B 2 A2>59 <>;8B25 4><>30BLAO ?>;CG5=8O G53>- ;81> AC5B=>3>, 2@54=>3> 4;O A?0A5=8O 4CH8, 0 ?>B><C <>65B 1KBL C25@5=, GB> ?> <>;8B25 53> & l a q u o ; 40ABAO& r a q u o ; 5<C, :0: >15I05B %@8AB>A B><C, :B> CA5@4=> <>;8BAO.
< b r >
< d d > < b > - >;>B>5 ?@028;>< / b > . 70:;NG5=85 =0AB02;5=89 >1 >B=>H5=88 =0H5< : 4@C38< ;N4O<, %@8AB>A 87@5:05B ?@028;>, :>B>@>5, :0: <K 7=05<, =07K20NB & l a q u o ; 7>;>BK<& r a q u o ; : & l a q u o ; 2> 2AQ<, :0: E>B8B5, GB>1K A 20<8 ?>ABC?0;8 ;N48, B0: ?>ABC?09B5 8 2K A =8<8& r a q u o ; .
< b r >
< d d > < b > - 5@538B5AL ;65?@>@>:>2< / b > . "CB 65 %@8AB>A 8 ?@54>AB5@5305B A2>8E ?>A;54>20B5;59 >B @07=KE ;65CG8B5;59 8 ;65?@>@>:>2, :0:>2K<8 2 =0AB>OI55 2@5<O AG8B0NBAO <=>3>G8A;5==K5 A5:B0=BK, 70<0=G82> ?@>?>254CNI85 > ;53:>AB8 A?0A5=8O. 0: 1K ?@>B82 A>2@5<5==KE A5:B0=B>2, CG0I8E >1 >?@0240=88 G5;>25:0 >4=>N 25@>N 157 4>1@KE 45;, =0?@02;5=K A;>20 %@8AB0, ?>OA=ONI85, GB> <0;> B>;L:> 25@K 2 8ACA0 %@8AB0, => =C6=0 8 687=L, >B25G0NI0O MB>9 25@5, B. 5. 8A?>;=5=85 70?>25459 %@8AB>2KE, 4>1@K5 45;0.
< b r >
< d d > < b > - @8BG0 > 1;03>@07C<=>< AB@>8B5;5< / b > . "C 65 <KA;L %@8AB>A ?>2B>@O5B 8 2 70:;NG5=85 2A59 A2>59 < i > 03>@=>9 @>?>2548< / i > : :B> B>;L:> A;CH05B A;>20 %@8AB>2K, => =5 8A?>;=O5B 8E, B. 5. =5 B2>@8B 4>1@KE 45;, B>B ?>4>15= G5;>25:C, A>7402H5<C A2>9 4>< =0 ?5A:5, 8 B>;L:> 8A?>;=ONI89 =0 45;5 7025BK %@8AB>20 CG5=8O ?>4>15= ?>AB@>82H5<C A2>9 4>< =0 :0<=5. -B> A@02=5=85 >A>15==> 1;87:> 8 ?>=OB=> 1K;> 8C45O<, 81> 2 0;5AB8=5 1K20;> G0ABK< O2;5=85<, :0: A8;L=K5 ?@>;82=K5 4>648, A>?@>2>6405<K5 1C@O<8, A=>A8;8 4><0, ?>AB@>5==K5 =0 ?5AG0=>< 3@C=B5.
< / p >
< p >
< d d > >AA88 ?>;CG8;0 @0A?@>AB@0=5=85 >@B>4>:A0;L=0O 25B2L < i > E@8AB80=AB20< / i > - @02>A;0285, :>B>@>5 O2;O5BAO ?@5>1;040NI59 @5;83859 B0:65 2 @5F88, C<K=88, !5@188, @C788. CAA:0O :C;LBC@0, @CAA:0O 3>AC40@AB25==>ABL 1K;8 ?>AB@>5=K =0 @02>A;0288 ?@8 0:B82=>< CG0AB88 &5@:28.
< b r >
< d d > 06=59H8<8 8AB>G=8:0<8 ?@02>A;02=>3> 25@>CG5=8O O2;ONBAO !2OI5==>5 8A0=85 8 !2OI5==>5 @540=85. !2OI5==>5 8A0=85 - MB> < b > < i > 81;8O< / i > < / b > ( :=838 >2>3> 8 5BE>3> 025B0, 2 :>B>@KE A>45@68BAO >?8A0=85 >B:@>25=8O >6L53>) . 81;8O 2 @02>A;0288 ?>=8<05BAO B>;L:> 2 :>=B5:AB5 ?@540=8O, B. 5. B2>@5=89 !2OBKE BF>2, 2 B5:AB0E 1>3>A;C65=89, 4>3<0B8G5A:8E >?@545;5=8OE 8 ?>AB0=>2;5=8OE A5;5=A:8E !>1>@>2, ?@028;0E 8;8 :0=>=0E &5@:28. AQ MB> 2 A>2>:C?=>AB8 =07K205BAO @540=85< 8 ?>OA=O5B, :0: A;54C5B ?@02>A;02=><C G5;>25:C ?>=8<0BL 2A5 >A=>2K 25@K. 0 @540=88 45@68BAO 2AO 4CE>2=0O 687=L @02>A;028O.
< b r >
< d d > @02>A;02=K5 8A?>254CNB 25@C & l a q u o ; 2> 48=CN, !2OBCN, !>1>@=CN 8 ?>AB>;LA:CN &5@:>2L& r a q u o ; . &5@:>2L, 2 ?@02>A;02=>< ?>=8<0=88, - MB> 1>3>G5;>25G5A:89 >@30=87< 2> 3;025 A >A?>4>< 8ACA>< %@8AB><, O2;5==K9 2 2848<>< <8@5 :0: >B >30 CAB0=>2;5==>5 >1I5AB2> ;N459, >1J548=O5<KE !2OBK< CE><, @02>A;02=>9 5@>9, 0:>=>< >688<, 85@0@E859 8 "08=AB20<8. =Q< >A=>20=8O &5@:28 ?>G8B05BAO 45=L OB845AOB=8FK - ?OB845AOBK9 45=L ?>A;5 2>A:@5A5=8O 8ACA0 %@8AB0, :>340 =0 0?>AB>;>2 A=87>HQ; CE !2OB>9. !>AB02;OO >4=> 4CE>2=>5 B5;>, 8<5O >4=C ;02C - %@8AB0 8 >4CH52;O5<0O >4=8< CE>< !2OBK<, &5@:>2L =07K205BAO < b > < i > 48=>9< / i > < / b > .
< b r >
< d d > B45;L=>5 ACI5AB2>20=85 ?><5AB=KE @02>A;02=KE F5@:259 2 @07=KE AB@0=0E, =0?@8<5@, >=AB0=B8=>?>;LA:>9, =B8>E89A:>9, 5@CA0;8<A:>9, CAA:>9 8 4@. , =5 =0@CH05B 548=AB20 &5@:28 %@8AB>2>9, B0: :0: 2A5 >=8 O2;ONBAO G0ABO<8 < i > 48=>9 &5@:28< / i > . 48=AB2> MB> ?@>O2;O5BAO 2 548=>< 8A?>2540=88 2A5<8 ?@02>A;02=K<8 E@8AB80=0<8 4>3<0B8G5A:8E >A=>2 @02>A;02=>9 5@K, 2 548=KE "08=AB20E &5@:>2=KE, 2 548=AB25 5?8A:>?0B0.
< b r >
< d d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
< b r >
< d d > 0B@80@E - 5?8A:>?, ?>AB02;5==K9 ?@54AB>OB5;5< 1>;LH>9 ?><5AB=>9 F5@:28. @5A28B5@K, 8;8 A2OI5==8:8, A;54CNI89 G8= 85@0@E88, A>25@H0NB ?> 1;03>A;>25=8N A2>53> 5?8A:>?0 2A5 B08=AB20 ( :@><5 @C:>?>;>65=8O) . 80:>=K A0<8 =5 A>25@H0NB 1>3>A;C65=89, => ?><>30NB 5?8A:>?C 8;8 A2OI5==8:C. CE>25=AB2> 45;8BAO =0 15;>5 8 GQ@=>5. 5;>5 4CE>25=AB2> - A2OI5==8:8 8 480:>=K, 8<5NI85 A2>8 A5<L8. 'Q@=>5 - <>=0H5AB2CNI85, B> 5ABL ?@8=5AH85 >A>1K5 >15BK A;C65=8O >3C, 2 B>< G8A;5 >15B 1571@0G8O. >=0E8 <>3CB =5 ?@8=8<0BL A2OI5==>3> A0=0, ;81> <>3CB 1KBL @C:>?>;>65=K 2 A0= 480:>=0 ( 85@>480:>=) , 8;8 A2OI5==8:0 ( 85@><>=0E) . 0AB>OB5;8 <>=0ABK@59 =>AOB A0= 83C<5=0 8;8 0@E8<0=4@8B0. ?8A:>?K ?>AB02;ONBAO B>;L:> 87 <>=0H5AB20.
< b r >
< d d > @02>A;02=0O &5@:>2L CG8B, GB> 5ABL 420 ?CB8 4;O A?0A5=8O G5;>25:0. 48= ?CBL - MB> ?CBL C548=5=8O, >B@5H5=8O >B <8@0, ?CBL <>=0H5A:89. -B> ?CBL =0?@O6Q==>9 1>@L1K G5;>25:0 A 3@5E0<8, A ?>@>:0<8, ?>4G8=5=8O A2>59 2>;8 F5;8:>< 8 ?>;=>ABLN 2>;5 >6L59. -B> ?CBL ?>4286=8G5AB20 8 >A>1>3> A;C65=8O >3C, &5@:28 8 1;86=8<. @C3>9 ?CBL - MB> ?CBL A;C65=8O 2 <8@C. -B> ?CBL A5<59=>9 687=8. !5<LO @0AA<0B@8205BAO @02>A;02=>9 &5@:>2LN, :0: >48= 87 206=59H8E 8=AB8BCB>2 >1I5AB25==>9 687=8 8 >4=>2@5<5==> :0: ?CBL 4;O A?0A5=8O G5;>25:0. !5<LO =07K205BAO =0 F5@:>2=>< O7K:5 <0;>9 F5@:>2LN 8;8 4><0H=59 F5@:>2LN. <5==> A A5<L8 =0G8=05BAO 2E>645=85 G5;>25:0 2 &5@:>2L 1>;LHCN, 53> ?CBL : A?0A5=8N. <5==> 2 A5<L5 2K@010BK20NBAO >A=>2=K5 =>@<K >1I5AB25==>3> ?>2545=8O G5;>25:0 A ?>=8<0=85< B>3>, GB> :064K9 G;5= >1I5AB20 8 :064K9 G;5= A5<L8 =5AQB >A>1>5 ?>A;CH0=85. "0:, <C6 - 3;020 A5<L8, 0 65=0 O2;O5BAO ?><>I=8F59 <C6C. C6 4>;65= 2A5 701>BK 8 2A5 A2>8 A8;K ?>A2OB8BL A2>59 65=5 8 A2>59 A5<L5. %@8AB80=A:0O A5<LO ?>AB@>5=0 =0 ;N128, =0 A0<>>B@5G5=88 G5;>25:0, =0 65@B25==>AB8 53> ?> >B=>H5=8N : 4@C38< G;5=0< A2>59 A5<L8. "0:>20 ;N1>2L 8 AB0@H8E ?> >B=>H5=8N : <;04H8<, 8 <;04H8E ?> >B=>H5=8N : AB0@H8<. >B;8G85 >B 8C4552 2KE>4=K< 4=Q< =545;8 C E@8AB80= O2;O5BAO 2>A:@5A5=L5.
< b r >
< d d > "0:>2K 2:@0BF5 F5@:>2=K5 AB@C:BC@=K5 >A>15==>AB8 8 =@02AB25==K5 >A=>2K ?>2545=8O, E0@0:B5@=K5 4;O E@8AB80=A:>3> CG5=8O.
< / p >
< p >
< d d > "@5BL8< 8 ?>:0 =081>;55 2;8OB5;L=K< A@548 A>2@5<5==KE @5;838>7=KE CG51=8:>2 ?> ?>2545=8N AB0; < b > < i > >@0=< / i > < / b > - 3;02=0O A2OI5==0O :=830 <CAC;L<0= ( =0?8A0=0 2 V I I - V I I I 25:0E) , ?@54AB02;O5B A>1>9 A>1@0=85 ?@>?>25459, >1@O4>2KE 8 N@848G5A:8E CAB0=>2;5=89, 70:;8=0=89, <>;8B2, =07840B5;L=KE @0AA:07>2 8 ?@8BG, ?@>87=5AQ==KE >A=>20B5;5< < b > < i > 8A;0<0< / i > < / b > , A0<>9 <>;>4>9 87 <8@>2KE @5;8389, CE0<<54>< 2 5::5 8 548=5. > 70:>=0< 8A;0<0 2 =0AB>OI55 2@5<O 2 <8@5 ?@>6820NB 8 AB@>OB A2>5 ?>2545=85 1>;55 6 0 0 <;=. G5;>25:, 8A?>254CO, GB> & l a q u o ; =5B =8:0:>3> 1>65AB20, :@><5 ;;0E0, 0 CE0<<54 - ?@>@>: ;;0E0& r a q u o ; .
< b r >
< d d > CE0<<54 @>48;AO 2 5::5 2 5 7 0 3. 8 C<5@ 2 6 3 2 3. !>740==0O 8< >1I8=0 AB0;0 >A=>2>9 AD>@<8@>202H53>AO 2?>A;54AB288 3>AC40@AB25==>3> >1@07>20=8O - @01A:>3> E0;8D0B0. @8<5@=> 2 B> 65 2@5<O 2 8A;0<5 ?@>87>H;> D>@<8@>20=85 42CE >A=>2=KE B5G5=89 - AC==87<0 8 H887<0.
< b r >
< d d > ;;0E - 8<O >30 <CAC;L<0=, =5 ?>440NI55AO 1C:20;L=><C ?5@52>4C. !;>2> & l a q u o ; 8A;0<& r a q u o ; 2 ?5@52>45 A 0@01A:>3> >7=0G05B < i > ?>:>@=>ABL< / i > , < i > A;C65=85< / i > . A;0< G0AB> =07K20NB <CAC;L<0=AB2>< ( >B 0@01A:>3> & l a q u o ; <CA;8<& r a q u o ; - & l a q u o ; B>B, :B> ?>:>@O5BAO& r a q u o ; ) . >:>@O5BAO <CAC;L<0=8= 2>;5 ;;0E0, >B:@KB>9 ;N4O< G5@57 CE0<<540.
< b r >
< d d > !>3;0A=> 25@5 <CAC;L<0=, ;;0E ?5@540; CE0<<54C G5@57 0=35;0 < i > >@0=< / i > - A2OI5==>5 ?8A0=85. CAC;L<0=5 ?@87=0NB G0ABL 81;88 ( 70:>= >8A5O, ?A0;<K 02840 8 >2K9 025B) , => AG8B0NB, GB> >B:@>25=85 CE0<<540 ?@52>AE>48B 8 218@05B 2 A51O 2A5 ?@54K4CI85 >B:@>25=8O. A;CG0OE ?@>B82>@5G8O >@0=0 8 81;88 70 8AB8==>5 ?@8=8<05BAO 87;>65=85 >@0=0.
< b r >
< d d > >@0= A>AB>8B 87 1 1 4 >B:@>25=89 ( AC@) . !C@K @0A?>;>65=K 2 ?>@O4:5 2>7@0AB0=8O 8E 4;8=K, ?@8GQ< E@>=>;>38G5A:0O ?>A;54>20B5;L=>ABL A>1KB89, >?8AK205<KE 2 >@0=5, =5 A>1;N405BAO. ><8<> >@0=0 8AB>G=8:>< 25@>CG5=8O O2;O5BAO !C==0 - @0AA:07K > 687=8 CE0<<540 8 53> 2KA:07K20=8O 2 2845 E048A>2 ( A:070=89) .
< b r >
< d d > =0AB>OI55 2@5<O 8A;0< @0745;Q= =0 =5A:>;L:> B5G5=89. >;LH0O G0ABL <CAC;L<0= <8@0 ?@8=04;568B : < i > AC==8B0<< / i > ( >B A;>20 & l a q u o ; AC==0& r a q u o ; ) . G0AB=>AB8, : =8< >B=>AOBAO >:>;> 9 0 % <CAC;L<0= ;86=53> >AB>:0. !C==8BK ?@845@6820NBAO 4>AB0B>G=> C<5@5==KE 273;O4>2.
< b r >
< d d > @C3>5 :@C?=>5 B5G5=85 8A;0<0 - < i > H88BK< / i > . E <5=LH5, G5< AC==8B>2. =8 1>;55 1C:20;L=> ?>=8<0NB >@0= 8 1>;55 BI0B5;L=> 8A?>;=ONB 2 687=8 B@51>20=8O 8A;0<0, 1>;55 2>8=AB25==K 8 D0=0B8G=K. A>15==> <=>3> H88B>2 2 @0=5 ( >:>;> 9 3 % ) .
< b r >
< d d > IQ >4=> B5G5=85 - < i > 0E<0485< / i > . 1@07>20;>AL >=> 2 1 9 0 0 3. 3> ?@54AB028B5;8, =5A<>B@O =0 A2>N <0;>G8A;5==>ABL, G0AB> O2;ONBAO 8=8F80B>@0<8 <=>38E :0<?0=89 ?@>B82 & l a q u o ; =525@=KE& r a q u o ; . <5@8:5 0E<0488 G0AB> ?@>?030=48@CNB A2>8 273;O4K A@548 <>;>4568, >A>15==> A@548 ABC45=B>2. !CI5AB2CNB 2 8A;0<5 8 A5:BK.
< b r >
< d d > ;O <CAC;L<0= 548=AB25==K< 8AB8==K< >3>< O2;O5BAO ;;0E. > 871560=85 ?@0254=>3> 3=520 ;;0E0 8 4;O 4>AB865=8O 25G=>9 687=8 =5>1E>48<> 2> 2AQ< A;54>20BL 53> 2>;5 8 A>1;N40BL 53> 70?>2548. A;0< - =5 B>;L:> @5;838O, => 8 >1@07 687=8. 8A;0<5 <>6=> 2K45;8BL A;54CNI85 3;02=K5 ?@54<5BK 25@K: 1 ) 2 548=>3> >30; 2 ) 2 ?>A;0==8G5AB2> CE0<<540 8 8A0=8O ( 2 >@0=5 ?5@5G8A;ONBAO ?OBL ?@>@>:>2- ?>A;0==8:>2: >9 ( CE) , 2@00< ( 1@038<) , >8A59 ( CA0) , 8ACA ( A0) , CE0<<54) ; 3 ) 25@0 2 0=35;>2; 4 ) 2 2>A:@5A5=85 ?>A;5 A<5@B8 8 2 AC4=K9 45=L.
< b r >
< d d > 1O70B5;L=K 4;O <CAC;L<0=8=0 B0:65 A;54CNI85 ?OBL & l a q u o ; AB>;?>2 25@K& r a q u o ; :
< b r >
< d d > 1 . GB5=85 H0E04K ( & l a q u o ; =5B =8:0:>3> 1>65AB20, :@><5 ;;0E0, 0 CE0<<54 - ?@>@>: ;;0E0& r a q u o ; ) ;
< b r >
< d d > 2 . ?OBL >1O70B5;L=KE <>;8B2 2 45=L ( & l a q u o ; =0<07& r a q u o ; ) , 2K?>;=O5<K5 ?>- 0@01A:8 AB>O =0 :>;5=OE A ?>:;>=0<8 2 AB>@>=C 5::8;
< b r >
< d d > 3 . A>1;N45=85 ?>AB>2 2 B5G5=85 <5AOF0 @0<040=, :>340 <CAC;L<0=5 >1O70=K 2>745@6820BLAO >B ;N1>9 ?8I8 8 ?8BLO >B 2>AE>40 4> 70:0B0 ( >4=0:> ?>A;5 70E>40 A>;=F0 @07@5H05BAO 2:CH0BL ?8IC 157 :0:8E 1K B> =8 1K;> >3@0=8G5=89, GB> =0 ?@0:B8:5 ?@82>48B : >@30=870F88 1>;LH8=AB2>< <CAC;L<0= >18;L=KE =>G=KE ?8@H5AB2) ;
< b r >
< d d > 4 . ?0;><=8G5AB2> ( & l a q u o ; E046& r a q u o ; ) 2 5::C ?> <5=LH59 <5@5 @07 2 687=8 <CAC;L<0=8=0;
< b r >
< d d > 5 . ?>65@B2>20=8O =C640NI8<AO 8 =0 =C64K 4CE>25=AB20 4> 1 / 4 0 A2>8E 4>E>4>2 ( GB> =>A8B, 2 >A=>2=><, A:>@55 @5:><5=40B5;L=K9 E0@0:B5@) .
< b r >
< d d > !G8B05BAO, GB> ?@8 A>1;N45=88 MB8E 8 4@C38E 70?>25459 ;;0E, :>B>@K9 AB@>3> AC48B G5;>25:0, 40AB 2>7<>6=>ABL 25@CNI5<C 4>AB8GL 25G=>9 687=8, :>B>@0O ?@54AB02;O5BAO :0: <5AB> ?>;=>3> C4>2;5B2>@5=8O G5;>25G5A:8E ?>B@51=>AB59. >B;8G85 >B E@8AB80=A:>3> ?>=8<0=8O, 1>3 8A;0<0 - 1>3 2>740O=8O 70 45;0, 1>3- AC4LO, :>B>@K9 :064><C G5;>25:C ?@54>?@545;O5B 53> AC4L1C.
< b r >
< d d > ! 4@52=8E 2@5<Q= =5?@5<5==K< CA;>285< 25@K 1K;> 2545=85 A2OI5==>9 2>9=K, & l a q u o ; 468E04& r a q u o ; , 8 <CAC;L<0=5 AG8B0;8 A2>8< 4>;3>< C18BL E>BO 1K >4=>3> & l a q u o ; =525@=>3>& r a q u o ; .
< b r >
< d d > 8ACA %@8AB>A ?@8=8<05BAO :0: >48= 87 ?@>@>:>2 4;O A2>53> =0@>40 8 A2>53> 2@5<5=8, => 3> >65AB25==>ABL 8 @50;L=>ABL >3>2>?;>I5=8O >B@8F05BAO. >;LH8=AB2> <CAC;L<0= AG8B05B, GB> ?5@54 :@5AB=K<8 AB@040=8O<8 %@8AB>A GC45A=K< >1@07>< 70<5=8; !51O 4@C38< G5;>25:><, 0 !0< 1K; 27OB =0 =51> 682K<.
< b r >
< d d > >>1I5 8A;0< ?@54AB02;O5B A>1>9 =5@0AB>@68<>5 548=AB2> 25@K, 3>AC40@AB25==>- ?@02>2KE CAB0=>2;5=89 8 >?@545;Q==KE D>@< :C;LBC@K. A;0<C =5A2>9AB25==> @0745;5=85 AD5@K 687=8 =0 A25BA:CN 8 @5;838>7=CN G0AB8. -B0 =5@0745;Q==>ABL ?@825;0 : ?>O2;5=8N (0@80B0 - 70:>=0, :>B>@K9 >A=>20= =0 8=B5@?@5B0F88 ?>;>65=89 >@0=0 8 !C==K 8 A>45@68B @5;838>7=K5 CAB0=>2;5=8O, ?@02>2K5 =>@<K, =@02AB25==K5 8 1KB>2K5 ?@54?8A0=8O.
< b r >
< d d > C:>2>4AB2> @5;838>7=>9 687=LN <CAC;L<0= 2 :>=:@5B=>< @538>=5 ( 3>AC40@AB25) >ACI5AB2;O5BAO =081>;55 02B>@8B5B=K<8 A2OI5==>A;C68B5;O<8, 2K18@05<K<8 8;8 =07=0G05<K<8 A25BA:>9 2;0ABLN. -B> - <CDB89 C AC==8B>2 8;8 H59E- C;L- 8A;0< C H88B>2; =047>@ 70 A>>B25BAB285< H0@80BC 254CB H0@80BA:85 AC4L8 - :078. =0AB>OI55 2@5<O <CDB89 CB25@6405B 8<0<>2 <5G5B59, 2 :>B>@KE >=8 O2;ONBAO ?>;=>?@02=K<8 @C:>2>48B5;O<8. <0< >B25BAB25= 70 E>7O9AB2>, D8=0=AK <5G5B59, 4CE>2=CN 687=L ?@8E>60=, >= 65 - E@0=8B5;L ?5G0B8. ;8609H85 ?><>I=8:8 53> - =081- 8<0< ( 70<5AB8B5;L) 8 :07=0G59. @8 :064>9 <5G5B8 4;O @5H5=8O 04<8=8AB@0B82=KE 2>?@>A>2 >1@07C5BAO :>;;5380;L=>5 A>1@0=85.
< b r >
< d d > B5>@5B8G5A:>9 G0AB8 <CAC;L<0=A:>9 25@K 5ABL <=>3> A?>@=KE <><5=B>2. "0: 2 =59 CB25@6405BAO:
< b r >
< d d > 0) GB> 2AQ, ?@>8AE>4OI55 2 <8@5, ?>4G8=5=> 157CA;>2=><C ?@54>?@545;5=8N >68N, 0 8=0G5 ?@>8AE>48BL =5 <>65B ( AN@. 1 7 : 1 3 ; 9 : 5 3 ) ;
< b r >
< d d > 1) GB>, 2 G0AB=>AB8, 8 :064K9 G5;>25: 8<55B A2>N =587156=CN, =5>B2@0B8<CN AC4L1C ( AN@. 1 7 : 1 3 ) , :064><C ?@54=07=0G05BAO 8725AB=K9 >1@07 687=8 8 45OB5;L=>AB8, 4>1@>9 8;8 7;>9, - G5< O2=> ?>4@K205BAO 2AO:0O A2>1>40 8 =@02AB25==>ABL, 8 >3 AB0=>28BAO 28=>2=8:>< 7;0;
< b r >
< d d > 2) GB> >3 A>B2>@8; <=>38E ;N459 4;O 355==K, 8 ?>B><C 2 A>1AB25==>< A<KA;5 5ABL 45A?>B ( AN@. 7 : 1 8 0 ; 3 7 : 1 6 3 ; 3 : 1 8 9 ) ;
< b r >
< d d > 3) GB> 2A5>1I89 AC4 ?@8 :>=G8=5 <8@0 1C45B ?@>4>;60BLAO 5 0 0 0 ;5B;
< b r >
< d d > 4) GB> 25G=>5 1;065=AB2> ?@0254=8:>2 2 @0N 1C45B A>AB>OBL 2 A0<KE 3@C1KE GC2AB25==KE C4>2>;LAB28OE ( AN@. 2 : 2 5 ; 3 7 : 4 1 ; 5 5 : 4 5 )
< b r >
< d d > 8 ?@>G55.
< b r >
< d d > ?@0:B8G5A:>9 G0AB8 <CAC;L<0=A:0O 25@0 -
< b r >
< d d > 0) E>BO =5@54:> 3>2>@8B > ;N128 : >3C, => MB0 ;N1>2L =5>1E>48<> ?@52@0I05BAO 2 @01A:89 AB@0E 8 A;5?CN ?@540==>ABL AC4L15;
< b r >
< d d > 1) 3>2>@8B B0:65 > ;N128 : 1;86=8<, => G8A;> 1;86=8E >3@0=8G8205BAO B>;L:> >4=8<8 ?@02>25@=K<8, B. 5. <CAC;L<0=0<8, 8 ?@8B>< 4@C7LO<8;
< b r >
< d d > 2) ?> >B=>H5=8N 65 : 8=>25@F0< - 70?>254C5B ?@5A;54>20BL 8E 8 C1820BL 70 =5A>3;0A85 ?@8=OBL <CAC;L<0=AB2> ( AN@. 4 7 : 4 ) ;
< b r >
< d d > 3) ?> >B=>H5=8N : 2@030< 8 >A:>@18B5;O< - ?>72>;O5B <I5=85 8 4065 C189AB2> ( AN@. 4 2 : 3 8 ) .
< b r >
< d d > @><5 B>3> -
< b r >
< d d > 4) ?>72>;O5BAO <=>3>6Q=AB2> 8 =0;>6=8G5AB2> ( AN@. 4 : 3 ; 2 : 2 2 4 ; 3 6 : 5 0 ) ;
< b r >
< d d > 5) 70?@5I05BAO 2AO:>5 8AA;54>20=85 2 45;5 25@K ?>4 AB@0E>< A<5@B=>9 :07=8;
< b r >
< d d > 6) ?>25;5205BAO @0A?@>AB@0=OBL 25@C <5GQ< 8 =0A8;85< ( AN@. 8 : 4 ; 9 : 1 3 ) ;
< b r >
< d d > 7) ?@54?8AK20O <=>3>G8A;5==K5 >1@O4>2K5 ?>AB0=>2;5=8O, :0: B>: ?>ABK, ><>25=8O, @07=>3> @>40 <>;8B2K, ?CB5H5AB28O 2 5::C, 2>745@60=85 >B =5:>B>@KE OAB2 8 =0?8B:>2 8 B. 4. , 40QB 2A5< MB8< 25I0< B0:CN F5=C, GB> >B =8E 1C4B> 2?>;=5 7028A8B 25G=>5 A?0A5=85 G5;>25:0.
< b r >
< d d > 587156=K< ?;>4>< B0:>3> CG5=8O 2KE>48B B>, GB> 2AO <CAC;L<0=A:0O =@02AB25==>ABL >3@0=8G8205BAO AB@>38< 8A?>;=5=85< 2=5H=8E ?>AB0=>2;5=89, 8 =0 4CE>2=>5 8A?@02;5=85 =5 >1@0I05BAO ?>GB8 =8:0:>3> 2=8<0=8O.
< / p >
< p >
< d d > 5B =5>1E>48<>AB8 ?>4@>1=> ?5@5A:07K20BL A>45@60=85 2A53> >@0=0 - >= >1I54>ABC?5=, :0: 8 81;8O. ;O =03;O4=>AB8 ?@82545< ;8HL 2 :0G5AB25 ?@8<5@0 =0G0;L=K5 ?C=:BK 4 - >9 8 5 - >9 AC@:
< b r >
< d d > < b > !C@0 4 . ) +< / b >
< b r >
< d d > > 8<O ;;0E0 <8;>AB82>3>, <8;>A5@4=>3>!
< b r >
< d d > 1 ( 1 ) . ;N48! >9B5AL 20H53> >A?>40, :>B>@K9 A>B2>@8; 20A 87 >4=>9 4CH8 8 A>B2>@8; 87 =5Q ?0@C 59, 0 >B =8E @0A?@>AB@0=8; <=>3> <C6G8= 8 65=I8=. 1>9B5AL ;;0E0, :>B>@K< 2K 4@C3 4@C30 C?@0H8205B5, 8 @>4AB25==KE A2O759. >8AB8=5 ;;0E - =04 20<8 =04A<>B@I8:!
< b r >
< d d > 2 ( 2 ) . 40209B5 A8@>B0< 8E 8<CI5AB2> 8 =5 70<5=O9B5 4C@=K< E>@>H53>. =5 5HLB5 8E 8<CI5AB2> 2 4>?>;=5=85 : 20H5<C, - 254L MB> - 25;8:89 3@5E!
< b r >
< d d > 3 ( 3 ) . 5A;8 2K 1>8B5AL, GB> =5 1C45B5 A?@0254;82K A A8@>B0<8, B> 65=8B5AL =0 B5E, GB> ?@8OB=K 20<, 65=I8=0E - 8 42CE, 8 B@QE, 8 G5BK@QE. 5A;8 1>8B5AL, GB> =5 1C45B5 A?@0254;82K, B> - =0 >4=>9 8;8 =0 B5E, :>B>@K<8 >2;045;8 20H8 45A=8FK. -B> - 1;865, GB>1K =5 C:;>=8BLAO ( 4 ) . 40209B5 6Q=0< 8E 28=> 2 40@. A;8 65 >=8 A>1;03>2>;OB G5<- =81C4L 87 MB>3> 4;O 20A, B> ?8B09B5AL MB8< =0 74>@>2L5 8 1;03>?>;CG85.
< b r >
< d d > 4 ( 5 ) . =5 40209B5 =5@07C<=K< 20H53> 8<CI5AB20, :>B>@>5 ;;0E CAB@>8; 20< 4;O ?>445@6:8, 8 =045;O9B5 8E 87 =53>, 8 >45209B5 8E, 8 3>2>@8B5 8< A;>2> 1;03>5.
< b r >
< d d > 5 ( 6 ) . 8A?KBK209B5 A8@>B, 0 :>340 >=8 4>94CB 4> 1@0G=>3> 2>7@0AB0, B> 5A;8 70<5B8B5 2 =8E 7@5;>ABL @07C<0, >B40209B5 8< 8E 8<CI5AB2>; 8 =5 ?>68@09B5 53> @0AB>G8B5;L=> 8 B>@>?;82>,
< b r >
< d d > 6 . ?>:0 >=8 =5 2K@0ABCB. :B> 1>30B, ?CABL 1C45B 2>745@60=; 0 :B> 1545=, ?CABL 5AB A 4>AB>8=AB2><.
< b r >
< d d > 7 . :>340 2K >B40QB5 8< 8E 8<CI5AB2>, B> 15@8B5 : =8< A2845B5;59. 4>2>;L=> ;;0E0 :0: AGQB=8:0!
< b r >
< d d > 8 ( 7 ) . C6G8=0< - C45; 87 B>3>, GB> >AB028;8 @>48B5;8 8 1;87:85, 8 65=I8=0< - C45; 87 B>3>, GB> >AB028;8 @>48B5;8 8 1;87:85, - 87 B>3>, GB> <0;> 8;8 <=>3>, C45; >?@545;Q==K9.
< b r >
< d d > 9 ( 8 ) . :>340 ?@8ACBAB2CNB ?@8 @0745;5 @>4AB25==8:8, A8@>BK 8 154=O:8, B> =045;O9B5 8E 87 MB>3> 8 3>2>@8B5 8< A;>2> 1;03>5.
< b r >
< d d > 1 0 ( 9 ) . ?CABL 1>OBAO B5, :>B>@K5, 5A;8 1K >AB02;O;8 ?>7048 A51O A;01>5 ?>B><AB2>, 1>O;8AL 1K 70 =8E. CABL 65 >=8 1>OBAO ;;0E0 8 3>2>@OB A;>2> B25@4>5!
< b r >
< d d > . . . . . . . . . .
< / p >
< p >
< d d > < b > !C@0 5 . " < / b >
< b r >
< d d > > 8<O ;;0E0 <8;>AB82>3>, <8;>A5@4=>3>!
< b r >
< d d > 1 ( 1 ) . 2K, :>B>@K5 C25@>20;8! C4LB5 25@=K 2 4>3>2>@0E. >72>;5=> 20< 2AO:>5 682>B=>5 87 A:>B0, :@><5 B>3>, > GQ< G8B05BAO 20<, 157 4>72>;5=8O 4;O 20A >E>BK, :>340 2K 2 E0@0<5. >8AB8=5, ;;0E @5H05B B>, GB> 70E>G5B!
< b r >
< d d > 2 ( 2 ) . 2K, :>B>@K5 C25@>20;8! 5 =0@CH09B5 >1@O4>2 ;;0E0, =8 70?@5B=>3> <5AOF0, =8 65@B25==KE 682>B=KE, =8 C:@0H5==KE, =8 AB@5<OI8EAO : 4><C 70?@5B=><C, :>B>@K5 8ICB I54@>AB8 >B 8E >A?>40 8 1;03>2>;5=8O.
< b r >
< d d > 3 . :>340 2K 2 A>AB>O=88 4>72>;5==>AB8, B> >E>BLB5AL, 8 ?CABL =5 =02;5:05B =0 20A 3@5E0 =5=028ABL : ;N4O< 70 B>, GB> >=8 >B:;>=8;8 20A >B A2OI5==>9 <5G5B8, 4> B>3>, GB> 2K ?@5ABC?8B5. ?><>309B5 >4=8 4@C38< 2 1;03>G5AB88 8 1>3>1>O7=5==>AB8, => =5 ?><>309B5 2 3@5E5 8 2@0645. 1>9B5AL ;;0E0: ?>8AB8=5, ;;0E A8;5= 2 =0:070=88!
< b r >
< d d > 4 ( 3 ) . 0?@5I5=0 20< <5@B25G8=0, 8 :@>2L, <OA> A28=L8, 8 B>, GB> 70:>;>B> A ?@87K20=85< =5 ;;0E0, 8 C402;5==0O, 8 C18B0O C40@><, 8 C18B0O ?@8 ?045=88, 8 701>40==0O, 8 B>, GB> 5; 48:89 725@L, - :@><5 B>3>, GB> C18BK ?> >1@O4C, - 8 B>, GB> 70:>;>B> =0 65@B25==8:0E, 8 GB>1K 2K 45;8;8 ?> AB@5;0<. -B> - =5G5AB85. !53>4=O >BG0O;8AL B5, :>B>@K5 =5 25@>20;8, 2 20H59 @5;8388; =5 1>9B5AL 65 8E, 0 1>9B5AL 5=O.
< b r >
< d d > 5 . !53>4=O / 7025@H8; 4;O 20A 20HC @5;838N, 8 70:>=G8; 4;O 20A >N <8;>ABL, 8 C4>2;5B2>@8;AO 4;O 20A 8A;0<>< :0: @5;83859. B> 65 2K=C645= 2 3>;>45, =5 A:;>=OOAL 2 3@5EC, - B> 254L ;;0E - ?@>I0NI89, <8;>AB82K9!
< b r >
< d d > 6 ( 4 ) . =8 A?@0H820NB B51O: GB> 8< 4>72>;5=>? !:068: & l a q u o ; >72>;5=K 20< 1;030 8 B>, G5<C 2K =0CG8;8 E8I=KE 682>B=KE, 4@5AA8@CO 8E, :0: A>10:, :>B>@KE 2K CG8B5 B><C, G5<C =0CG8; 20A ;;0E. HLB5 65 B>, GB> >=8 AE20BOB 4;O 20A, 8 ?><8=09B5 =04 MB8< 8<O ;;0E0; 8 1>9B5AL ;;0E0, - ?>8AB8=5, ;;0E A:>@ 2 @0AGQB5!
< b r >
< d d > 7 ( 5 ) . !53>4=O @07@5H5=K 20< 1;030; 8 ?8I0 B5E, :><C 40@>20=> ?8A0=85, @07@5H05BAO 20< 8 20H0 ?8I0 @07@5H05BAO 8<. F5;><C4@5==K5 87 25@CNI8E 8 F5;><C4@5==K5 87 B5E, :><C 40@>20=> ?8A0=85 4> 20A, 5A;8 2K 8< 40;8 8E 2>7=03@0645=85, 1C4CG8 F5;><C4@5==K<8, =5 @0A?CB=8G0O 8 =5 15@O =0;>6=8F. 5A;8 :B> >B@5:AO >B 25@K, B> C =53> - 45;> BI5B=>, 8 >= 2 ?>A;54=59 687=8 - 2 G8A;5 ?>B5@?52H8E C1KB>:& r a q u o ; .
< b r >
< d d > 8 ( 6 ) . 2K, :>B>@K5 C25@>20;8! >340 2K 2AB0QB5 =0 <>;8B2C, B> <>9B5 20H8 ;8F0 8 @C:8 4> ;>:B59, >1B8@09B5 3>;>2C 8 =>38 4> I8:>;>B>:.
< b r >
< d d > 9 . 5A;8 2K =5 G8ABK, B> >G8I09B5AL; 8 5A;8 2K 1>;L=K 8;8 2 ?CB8, 8;8 :B>- =81C4L 87 20A ?@8HQ; 87 >BE>653> <5AB0, 8;8 2K :0A0;8AL 65=I8= 8 =5 =094QB5 2>4K, B> ><K209B5AL E>@>H> ?5A:><, - >1B8@09B5 8< A2>8 ;8F0 8 @C:8. ;;0E =5 E>G5B CAB@>8BL 4;O 20A BO3>BK, => B>;L:> E>G5B >G8AB8BL 20A 8 GB>1K 7025@H8BL !2>N <8;>ABL 20<, - <>65B 1KBL, 2K 1C45B5 1;03>40@=K!
< b r >
< d d > 1 0 ( 7 ) . A?><8=09B5 <8;>ABL ;;0E0 20< 8 3> 7025B, :>B>@K9 = 70:;NG8; A 20<8, :>340 2K A:070;8: & l a q u o ; K A;KH0;8 8 ?>28=C5<AO! & r a q u o ; >9B5AL ;;0E0, - 254L ;;0E 7=05B ?@> B>, GB> 2 3@C48!
< b r >
< d d > . . . . . . . .
< / p >
< p >
< d d > >B;8G85 >B 8C4552 8 E@8AB80= A2>1>4=K< >B @01>BK 4=Q< =545;8 C <CAC;L<0= ?@8=OB> AG8B0BL ?OB=8FC.
< / p >
< p >
< d d > B0:, =5A<>B@O =0 >?@545;Q==>5 70A8;L5, >A>15==> 2 A@54=85 25:0, @07;8G=KE @5;838>7=KE CG5=89 8 =0AB02;5=89 ?> ?>2545=8N ;N459, >=8 =5 A<>3;8 ?@825AB8 : ?>;=><C AG0ABLN 8 ?@>F25B0=8N G5;>25G5AB20, B>@65AB2C @07C<0 8 =@02AB25==>AB8. >2AN4C =0 5<;5 ?@>8AE>48;8 :@>2>?@>;8B=K5 2>9=K, ?@8GQ< =081>;55 65AB>:85 =>A8;8 8<5==> @5;838>7=K9 E0@0:B5@. #65 A0<0 ?>;8D>=8O @5;838>7=KE CG5=89, 8E <=>3>>1@0785, =5A<>B@O =0 8E <>=>B587<, =5 ?>72>;8;> A>740BL 548=>3> 4;O 2A53> G5;>25G5AB20 @5;838>7=>3> CG5=8O > =@02AB25==>AB8 8 4>AB>9=>< ?>2545=88, :>B>@>5 ?>A;C68;> 1K F5;O< >1J548=5=8O A0<>3> G5;>25G5AB20. MB> 70:>=><5@=>.
< b r >
< d d > @8 ACI5AB2CNI8E 2 =0AB>OI55 2@5<O 1>;55 4 0 0 B58AB8G5A:8E 25@A8OE A> A2>8<8 =@02AB25==K<8 CG5=8O<8 8 =0AB02;5=8O<8, ?@8 MB>< G0AB> ?@O<> ?@>B82>?>;>6=K<8, =8 > :0:>< 548=>< 1>35 4;O 2A53> G5;>25G5AB20 =5 <>65B 84B8 4065 @5G8. 0640O 87 B58AB8G5A:8E 25@A89 AG8B05B A51O 548=AB25==> ?@028;L=>9 8 ?>4;8==> 8AB8==>9. #65 >4=> MB> <>6=> AG8B0BL 157=@02AB25==K<.
< b r >
< d d > 5B@>A?5:B82=> ?5@5G8A;5==K5 =0<8 A25BA:85 8 @5;838>7=K5 MB8G5A:85 2>77@5=8O, 8A?>;L7>202H85AO 8 8A?>;L7C5<K5 4> A8E ?>@ 4;O 2>A?8B0B5;L=KE F5;59 @07=K<8 =0@>40<8, D>@<8@>202H8<8 8 D>@<8@CNI8<8 A>7=0=85 ?>:>;5=89 G5;>25G5AB20, B0: 8 =5 A<>3;8 ?>30A8BL A?>@, ?@>4>;60NI89AO 4>;385 AB>;5B8O <564C B5<8, :B> <>;8BAO %@8ABC, ;;0EC, C445, /E25, 8 B5<8, :B> AG8B05B MB> ?@54@0AAC4:><. 0640O AB>@>=0 C15645=0 2 A2>59 ?@02>B5 8 2 B><, GB> ?@>B82>?>;>6=0O =0E>48BAO 2 701;C645=88. A?>@C MB><C =5 284=> :>=F0, GB> >:07K20;> 8 >:07K205B ?03C1=>5 2;8O=85 =0 @0728B85 3>AC40@AB2, =0@>4>2 8 =0F89, G5;>25G5AB20 2 F5;><.
< b r >
< d d > -B> A> 2@5<5=5< AB0;8 ?>=8<0BL <C4@K5 ?@028B5;8 @07=KE AB@0=, =0G02H85 ?>AB5?5==>5 >B45;5=85 F5@:28 >B 3>AC40@AB20, 22>4O >4=>2@5<5==> ?@02>2>5 @53C;8@>20=85 < i > A25BA:>9< / i > 687=8 8 < i > A25BA:>5 2>A?8B0=85< / i > 3@0640=, G5<C CG8;8 :>340- B> 4@52=85 D8;>A>DK. > 4;O =0AB02;5=8O < i > A25BA:><C ?>2545=8N< / i > =C6=K 1K;8 A>>B25BAB2CNI85 A25BA:85 < i > CG51=8:8 ?> ?>2545=8N< / i > - F5@:>2=K5 =0AB02;5=8O 4;O MB>3> C65 1K;8 =5?@83>4=K. >MB><C 2=>2L 2A?><=8;8 > =5@5;838>7=KE =0AB02;5=8OE, ?>A:>;L:C B>;L:> B0:>3> @>40 =0AB02;5=8O <>3CB 1KBL C=825@A0;L=K, >B25G0BL 3>AC40@AB25==K< 8=B5@5A0< 8 A?>A>1AB2>20BL C=8D8F8@>20==><C ?@>A25I5=8N :0: >B45;L=KE ;N459, =0@>4>2, B0: 8 G5;>25G5AB20 2 F5;><.
< b r >
< d d > 53C;8@>20=85 >1I5AB25==>9 687=8 B@51>20;> C=8D8:0F88 8 2AQ 1>;LH59 @53;0<5=B0F88. =>3>G8A;5==K5 C:07K 8 ?@028B5;59 B@51>20;8 >?@545;5==>9 A8AB5<0B870F88. >MB><C ?5@2K< B0:8< DC=40<5=B0;L=K< A2>4>< 70:>=>2 ?>2545=8O ?> A?@0254;82>AB8 A;54C5B AG8B0BL $&. .!" - & l a q u o ; >@?CA 3@0640=A:>3> ?@020& r a q u o ; ( C o r p u s j u r i s c i v i l i s ) , ?@54AB02;ONICN A>1>9 A8AB5<0B8G5A:>5 A>1@0=85 @8<A:8E 70:>=>2 8 A>G8=5=89, B. 5. 87;>65=85 2870=B89A:>3> ?@020 V I 2. :;NG05B =AB8BCF88, 835ABK 8 < b > >45:A .AB8=80=0 I < / b > , :>B>@K9 2>1@0; 2 A51O 2A5 8<?5@0B>@A:85 C:07K 8 ?>AB0=>2;5=8O 70 ?5@8>4 I - V I 22. A=>20 >48D8:0F88 .AB8=80=0 - 8<A:>5 ?@02> ( R o m a n l a w ) , ?5@5@01>B0==>5 A CGQB>< =>2KE M:>=><8G5A:8E CA;>289, D0:B8G5A:8 AB02H55 3@0640=A:8< ?@02><. 0B5< .AB8=80= @5H8; B0:8< 65 >1@07>< A8AB5<0B878@>20BL 8 B0: =07K205<>5 & l a q u o ; 4@52=55 ?@02>& r a q u o ; ( j u s v e t u s ) , B> 5ABL A>G8=5=8O @8<A:8E N@8AB>2, 8E :><<5=B0@88 : 3@0640=A:><C 8 ?@5B>@A:><C ?@02C. 4=>2@5<5==> ?> ?>@CG5=8N .AB8=80=0 1K;8 ?>43>B>2;5=K =AB8BCF88, B. 5. A>>B25BAB2CNI89 < b > < i > CG51=8: 4;O ABC45=G5AB20< / i > < / b > .
< b r >
< d d > A>15==>AB8 8<A:>3> ?@020 70:;NG0NBAO 2 8A?>;L7>20=88 :>45:A>2, D>@<C;8@CNI8E ?@02>2K5 ?@8=F8?K. 5;5=85 70:>=>2 =0 G5BK@5 2840 :>=A>;848@>20;> ?@02>: 1 . < i > =AB8BCBK< / i > ( CAB0=>2;5=8O) , A>45@60I85 >A=>2=K5 M;5<5=BK N@8A?@C45=F88, 87;>65==K5 2 4840:B8G5A:>9 D>@<5. 2 . < i > 835ABK< / i > - A1>@=8:8, 2 :>B>@K5 2:;NG5=K @07;8G=K5 ?@028;0, 2K@01>B0==K5 =0 >A=>25 CAB0=>2;5=89 8 A>?@>2>6405<K5 @07JOA=5=8O<8 70:>=0, - ?@54AB02;5=K 2 2845 :@0B:>3> @C:>2>4AB20 8 A>AB>OB 87 5 0 :=83. <5AB5 27OBK5, >=8 ?@54AB02;ONB A>1>9 >A=>2>?>;030NI85 ?@8=F8?K ?@020 8 ?>;=><>G89. 3 < i > . >45:A .AB8=80=0< / i > , A>AB>OI89 87 1 2 :=83, :0640O 87 :>B>@KE 45;8BAO =0 =5A:>;L:> G0AB59. 5@2K5 9 :=83 =07K20;8AL < i > >45:A><< / i > , >AB0;L=K5 B@8 - < i > 1I5AB25==>5 ?@02>. < / i > 4 . < i > >25;;K< / i > ( >?>;=5=8O) .
< b r >
< d d > 0 ?@>BO65=88 <=>38E 25:>2 < i > >45:A .AB8=80=0< / i > < b > < / b > A;C68; 3;02=K< 8AB>G=8:>< ?@020, B. 5. @53;0<5=B0F88 < i > A25BA:>3> ?>2545=8O< / i > 2 1>;LH8=AB25 52@>?59A:8E AB@0=, 2 B. G. 2 >AA88, 8 2?;>BL 4> =0AB>OI53> 2@5<5=8 >AB0QBAO >A=>2>9 52@>?59A:>3>, B0: =07K205<>3> @><0=>- 35@<0=A:>3> ?@020.
< b r >
< d d > @C38< 206=K< A2>4>< 70:>=>2, @53;0<5=B8@CNI8< < i > A25BA:>5 ?>2545=85, < / i > A;54C5B AG8B0BL < i > $@0=FC7A:89 3@0640=A:89 :>45:A 1 8 0 4 3>40< / i > - < b > >45:A 0?>;5>=0< / b > , 459AB2CNI89 4> A8E ?>@ < i > 3@0640=A:89 :>45:A < / i > $@0=F88. = 1K; A>AB02;5= ?@8 0:B82=>< CG0AB88 0?>;5>=0 8 2:;NG05B =>@<K 3@0640=A:>3>, A5<59=>3>, ?@>F5AAC0;L=>3> 8, G0AB8G=>, B@C4>2>3> ?@020. >45:A 70:@5?8; A2>1>4C G0AB=>9 A>1AB25==>AB8, ?@>2>73;0A82 MB> ?@02> A2OI5==K< 8 =5?@8:>A=>25==K<.
< b r >
< d d > 06=59H8< ?@8=F8?>< < i > >45:A0 0?>;5>=0< / i > O2;O5BAO ?@8=F8? @025=AB20 2A5E ;N459 ?5@54 70:>=><. !>AB>O; :>45:A 87 B@QE G0AB59 - ;8F0, 25I8, >1O70B5;LAB20. !B@C:BC@0 :>45:A0 708<AB2>20=0 87 @8<A:>3> ?@020 ( =AB8BCF88 0O) . 0 >A=>25 @8<A:>3> ?@020, ?@8A?>A>1;5==>3> : >1AB>OB5;LAB20<, 1K;8 =0?8A0=K 25I=>5 8 >1O70B5;LAB25==>5 ?@02>. !5<59=>5 8 =0A;54AB25==>5 ?@02> >A=>2K20;>AL =0 AB0@>< D@0=FC7A:>< >1KG=>< ?@025. >A;54=55 >D8F80;L=>5 8740=85 >45:A0 A>AB>O;>AL 2 1 8 1 6 3>4C. >45:A ?>A;C68; >1@07F>< 4;O 70:>=>40B5;59 <=>38E AB@0=.
< b r >
< d d > !53>4=O A8AB5<K 3@0640=A:>3> ?@020 ACI5AB2CNB 2> 2A5E AB@0=0E- G;5=0E 2@>?59A:>3> A>N70, 70 8A:;NG5=85< @;0=488 8 5;8:>1@8B0=88. @02>20O A8AB5<0 2@>?59A:>3> A>>1I5AB20 2 1>;LH59 <5@5 8A?KB0;0 =0 A515 2;8O=85 B@048F89 3@0640=A:>3> ?@020, G5< 0=3;89A:>3> >1KG=>3> ?@020.
< b r >
< d d > 8<A:>5 ?@02> ?>;L7>20;>AL 2;8O=85< 2 5;8:>1@8B0=88 1>;55 B@QEA>B ;5B, =0G8=0O A ?5@8>40 ?@02;5=8O 8<?5@0B>@>2 >B ;0248O 4> >=>@8O. 4=0:> >=> B0: 8 =5 A<>3;> C:>@5=8BLAO, 8 0=3;89A:>5 ?@02> @072820;>AL A>1AB25==K< ?CBQ<, >A=>2K20OAL 1>;LH5 =0 < i > >1KG=>< ?@025< / i > , G5< =0 < i > >45:A5 .AB8=80=0< / i > .
< / p >
< / b l o c k q u o t e > < c e n t e r >
< p > < i m g s r c = " . . / . . / i m a g e s / b a r 6 2 . g i f " h e i g h t = " 1 1 " w i d t h = " 6 0 9 " b o r d e r = " 0 " > < / p >
< p > < f o n t s i z e = " 3 " > [ < a h r e f = " i n d e x . h t m " > 0 3;02=CN AB@0=8FC< / a > ] [ < a h r e f = " 0 5 . h t m " > "5<0 5 < / a > ] < / f o n t > < / p >
< / c e n t e r > < / b o d y > < / h t m l >