Exhibit A - Agreement - Corcus Construction Inc. — Emeryville City Council, November 7, 2023 (part 1 of 2)

CALIFORNIA

CONSTRUCTION CONTRACT

FOR CITY USE ONLY
Contract No. CIP No.

Resolution No. Project No. REV 07/2022
THIS CONSTRUCTION CONTRACT (“Contract”) is effective as of _______________ (the “Effective Date”), by and between THE CITY OF EMERYVILLE, a municipal corporation, (“City”) and CORCUS CONSTRUCTION, INC. (“Contractor”), individually referred to as a “Party” and collectively as the “Parties”.

WITNESSETH THAT
WHEREAS, by Resolution No. __________, the City Council of the City of Emeryville has authorized the Director of Public Works to solicit public bids for Sanitary Sewer Spot Repair Project for FY 22/23; and
WHEREAS, the City has conducted a public bidding procedure in compliance with all applicable laws; and
WHEREAS, Contractor submitted the lowest responsible bid; and WHEREAS, the City has determined that the Contractor is qualified by training and experience to render such services; and
NOW, THEREFORE, the Parties hereto do mutually agree as follows:

1. CONTRACT DOCUMENTS
The following documents, including their respective exhibits and addenda (collectively "Contract Documents"), are by this reference incorporated in and made a part of this Contract in the following order of precedence:
Construction Contract
o Exhibit A –
1) Exhibit A(1) – Addenda to Project Specifications (if applicable) 2) Exhibit A(2) – Project Specifications
3) Exhibit A(3) – Addenda to Project Plans (if applicable) 4) Exhibit A(4) – Project Plans
5) Contractor’s Bid and Proposal (as accepted by City)
o Exhibit B – Contract Insurance Requirements
o Exhibit C – City Supplemental Terms and Conditions
o Exhibit D – Required Bond Documents

City of Emeryville | Construction Contract REV 07/2022

Page 2 of 5 ends

Attachment A – City of Emeryville Standard Specifications (online only) o http://www.ci.emeryville.ca.us/132/City-Standards
o http://www.ci.emeryville.ca.us/348/City-Standard-Specifications Attachment B – State of California Department of Transportation Standard Plans (online only)
http://dot.ca.gov/programs/design/ccs-standard-plans-and-standardspecifications Attachment C – State of California Department of Transportation Standard Specifications (online only)
http://dot.ca.gov/programs/design/ccs-standard-plans-and-standardspecifications Any and all future amendments to this Contract will be incorporated as Construction Contract Amendments as needed.

2. SCOPE OF WORK
In conformance with the Contract Documents, Contractor will furnish, all labor, materials, equipment, incidentals, transportation, and disposal for services required in order to perform and complete the Project.

3. PRICE
The total amount to be paid under this Contract for all of the work set forth in Section 2 above is exceed FOUR HUNDRED SIXTY THOUSAND SIX HUNDRED EIGHTY FIVE DOLLARS AND NO CENTS ($460,685) ("Total Contract Price"). This price includes all costs for labor, materials, tools, equipment, services, warranty, taxes, insurance, overhead, profit and all other costs necessary to perform the work in accordance with this Contract.

4. TIME FOR COMPLETION
After the Contract has been executed by City, Contractor shall begin work within SEVEN (7) calendar days after the effective date of the Notice to Proceed issued by City and shall diligently prosecute the work to completion within THIRTY (30) working days from the effective date of the Notice to Proceed. Liquidated Damages in the Amount of $1,000 per calendar day will be assessed for failure to complete the contract work within the number of workdays specified.

5. INDEMNIFICATION
To the fullest extent permitted by law, Contractor shall indemnify, defend, and hold harmless City and City’s members, officers, agents, employees and volunteers, from and against any and all claims, losses, liabilities of every kind, nature and description, damages, injury (including without limitation injury to or death of an employee of

City of Emeryville | Construction Contract REV 07/2022

Page 3 of 5 ends

Contractor or subcontractors as well as any claim by any employee, agent, Contractor or independent contractor hired or employed by Contractor that such persons or individuals are entitled to any benefit otherwise provided to employees of the City, including coverage under the California Public Employee Retirement System), costs and expenses of any kind, whether actual, alleged or threatened, including, without limitation, incidental and consequential damages, court costs, reasonable attorneys’ fees, litigation expenses, and fees of expert contractors or expert witnesses incurred in connection therewith and the costs of investigation, arising out of, pertaining to, or relating to, directly or indirectly, in whole or in part, the negligence, recklessness, or willful misconduct of Contractor, any subcontractor, anyone directly or indirectly employed by them or anyone that they control. This indemnification obligation is not limited in any way by any limitation on the amount or type of damages or compensation payable to or for Contractor. This obligation to indemnify and defend the City, its members, officers, agents, employees and volunteers shall survive termination of this Contract. Notwithstanding the foregoing, to the extent required by Civil Code section 2782, Contractor’s indemnity obligation shall not apply to liability for damages for death or bodily injury to persons, injury to property, or any other loss, damage or expense arising from the sole or active negligence or willful misconduct of the City or the City’s agents, servants, or independent contractors who are directly responsible to the City, or for defects in design furnished by those persons

6. INSURANCE
Contractor shall not commence Services under this Contract until it has provided evidence satisfactory to the City that it has secured all insurance required under Exhibit B, attached hereto and incorporated herein by this reference. In addition, Contractor shall not allow any subcontractor to commence work on any subcontract until it has provided evidence satisfactory to the City that the subcontractor has secured all insurance required under Exhibit B. Failure to provide and maintain all required insurance shall be grounds for the City to terminate this Contract for cause.

7. NO WAIVER
Failure of City to insist upon strict performance of any of the terms and conditions hereof, or failure or delay to exercise any rights or remedies or to properly notify Contractor in the event of breach, or the acceptance of or payment for any good hereunder, shall not release Contractor of any of the warranties or obligations of this Contract and shall not be deemed a waiver of any right of City to insist upon strict performance hereof.

8. NOTICES
Any notice required to be given by this Contract will be in writing and deemed effective upon personal delivery, or 1 business day after being sent via registered or certified mail return receipt requested or by overnight commercial courier providing next business day delivery and addressed to the following respective parties:

City of Emeryville | Construction Contract REV 07/2022

Page 4 of 5 ends

CITY CONTRACTOR
Mohamed Alaoui, Public Works Director
1333 Park Avenue
Emeryville, California 94608
Phone No: 510-596-4341
E-Mail : mohamed.alaoui @emeryville.org
with a copy to:

Nik Ignacio, Associate Civil Engineer
1333 Park Avenue
Emeryville, California 94608
Phone No: 510-596-4304
E-Mail : [email protected]
Thomas Breen, President
1592 Union Street
San Francisco, CA, 94123
Phone No: 415-954-2934
E-Mail : [email protected]

9. ENTIRE CONTRACT
This Contract contains the entire agreement of the parties with respect to the subject matter of this Contract. Any modifications to this Contract shall be in writing.

10. AUTHORITY TO CONTRACT
Contractor covenants and declares that it has obtained all necessary approvals to bind Contractor to this Contract and that the representative signing the Contract is authorized to do so.

SIGNATURES ON FOLLOWING PAGE

City of Emeryville | Construction Contract REV 07/2022

Page 5 of 5 ends

11. SIGNATURE PAGE TO CONSTRUCTION CONTRACT
IN WITNESS WHEREOF the City and the Contractor have executed this Contract, which shall become effective as of the date first written above.

Approved As To Form:

City Attorney
Dated: CITY OF EMERYVILLE
City Manager
Dated: CORCUS CONSTRUCTION INC.
(Signature)
Thomas Breen, President

3DUW$*HQHUDO3URYLVLRQVGRF[
63(&,),&$7,216
)RU
6DQLWDU\6HZHU6SRW5HSDLU3URMHFW)<
3URMHFW1R(3:&,31R66

$XJXVW
,VVXHGIRU%LGGLQJ
%LGV2SHQ
6HSWHPEHUDW
$0
)RU8VHZLWKWKH)ROORZLQJ

7KH6WDWHRI&DOLIRUQLD'HSDUWPHQWRI7UDQVSRUWDWLRQ6WDQGDUG6SHFLILFDWLRQVODWHVWHGLWLRQ 7KH6WDWHRI&DOLIRUQLD'HSDUWPHQWRI7UDQVSRUWDWLRQ6WDQGDUG3ODQVODWHVWHGLWLRQ $PHULFDQVZLWK'LVDELOLWLHV$FW6WDQGDUGVIRU$FFHVVLEOH'HVLJQLQFOXGLQJ7LWOH,,UHJVDW&)5 DQG&)53DUW
$SSHQGLFHV% '
7KH³*UHHQ%RRN´6WDQGDUG6SHFLILFDWLRQVIRU3XEOLF:RUNV&RQVWUXFWLRQDQGWKH(DVW%D\0XQLFLSDO 8WLOLW\'LVWULFW$PHQGPHQWV/DWHVW(GLWLRQ
38%/,&:25.6'(3$570(17
(1*,1((5,1*',9,6,21
3DUN$YHQXH(PHU\YLOOH&$

7HO

7$%/(2)&217(176
127,&(,19,7,1*%,'6
3$57$%,''2&80(176
6(&7,21 7,7/(
%,''(5¶6&+(&./,67$ %/$1.12786('$ 352326$/$ %,''(5¶6%21'$
121&2//86,21'(&/$5$7,21$ 68%&2175$&7256/,67$ :25.(56&203(16$7,21&(57,),&$7($ &2175$&7$ &RQWUDFW
3HUIRUPDQFH%RQG
3D\PHQW%RQG
*XDUDQWHH
3$57%*(1(5$/3529,6,216
6(&7,21 7,7/(
*(1(5$/ % %,'',1*% &2175$&7$:$5'$1'(;(&87,21% 6&23(2):25.% &21752/2):25.% &21752/2)0$7(5,$/6% /(*$/5(/$7,216$1'5(63216,%,/,7<727+(38%/,&%
3526(&87,21$1'352*5(66%

3$<0(17%
3$57&63(&,$/3529,6,216
6(&7,21 7,7/(
63(&,$/3529,6,216& 3$57'6833/(0(17$/'2&80(176
6(&7,21 7,7/(
$WWDFKPHQW$±3URMHFW/RFDWLRQ0DS
$WWDFKPHQW%±6SRW5HSDLU6FKHGXOHRI'HVFULSWLRQV
$WWDFKPHQW&±6WDQGDUG'UDZLQJV
$WWDFKPHQW'±6WDQGDUG7UHQFK'HWDLO
$WWDFKPHQW(±5HJLRQDO$PHQGPHQWVWR3DUWRIWKH*UHHQ%RRN $WWDFKPHQW)±,QMHFWLRQ*URXWLQJ6SHFLILFDWLRQ
$WWDFKPHQW*±&')6SHFLILFDWLRQ
$WWDFKPHQW+±*UHHQ%RRN$PHQGPHQW

127,&(,19,7,1*%,'6
127,&(,6+(5(%<*,9(17+$7VHDOHGELGVZLOOEHUHFHLYHGE\WKH&LW\RI(PHU\YLOOH$ODPHGD&RXQW\ &DOLIRUQLD
KHUHLQDIWHU&LW\
DWWKH2IILFHRIWKH'LUHFWRURI3XEOLF:RUNV3DUN$YHQXH(PHU\YLOOH&$

XQWLO
$06HSWHPEHUWKDWZKLFKWLPHELGVZLOOEHSXEOLFO\RSHQHGIRUWKHIROORZLQJ

SURMHFW

6HZHU6\VWHP6SRW5HSDLU3URMHFW)<
352-(&712(3:&,31266
7KH &LW\ RI (PHU\YLOOH VHHNV WR KLUH D FRQWUDFWRU WR SHUIRUP VWUXFWXUDO VSRW UHSDLUV RI DWYDULRXV ORFDWLRQVLQWKH&LW\¶V6DQLWDU\6HZHU6\VWHP7KHZRUNWREHFRPSOHWHGZLWKLQ
ZRUNLQJGD\VLVPRUH
IXOO\ GHVFULEHG LQ WKH &RQWUDFW'RFXPHQWV DV GHILQHG LQ WKH &RQWUDFW SURYLGHG LQ 6HFWLRQ 3DUW $ %LG 'RFXPHQWV5HIHUWR6DPSOH&RQWUDFW
3DUW$
IRU/LTXLGDWHG'DPDJHV$PRXQWV
%LGGHUVDQGWKHLUSURSRVHGVXEFRQWUDFWRUVVKDOOKROGVXFKOLFHQVHVDVPD\EHUHTXLUHGE\WKHODZVRI WKH6WDWHRI&DOLIRUQLDIRUWKHSHUIRUPDQFHRIWKHZRUNVSHFLILHGLQWKH&RQWUDFW'RFXPHQWV%LGGHUVELGGLQJ DVWKHSULPH&RQWUDFWRUVKDOOSRVVHVVDYDOLG&DOLIRUQLD6WDWH&RQWUDFWRU¶V/LFHQVH&ODVVLILFDWLRQ$±*HQHUDO (QJLQHHULQJDW WKH WLPHRIFRQWUDFWDZDUGDQG WKURXJKRXW WKH&RQWUDFW WHUP 7KH&RQWUDFWRUZLOODOVREH UHTXLUHGWRHQVXUHWKDWDOOVXEFRQWUDFWRUVZRUNLQJRQWKHSURMHFWDUHKROGLQJYDOLGOLFHQVHVVXLWDEOHIRUWKHLU WUDGH
%LGVVKDOOEHVXEPLWWHGRQWKHIRUPVLQFOXGHGLQ3DUW$%LG'RFXPHQWVSODLQO\HQGRUVHGZLWK%LGGHU V
QDPHWRJHWKHUZLWKVLJQHGDFNQRZOHGJPHQWRIDQ\DQGDOODGGHQGD%LGGHU¶VDWWHQWLRQLVGLUHFWHGWRWKH6HFWLRQ 3DUW%%LGGLQJ%LG'RFXPHQWVVKDOOEHVHFXUHO\VHDOHGLQDVXLWDEOHHQYHORSHPDUNHGZLWKWKHQDPHDQG DGGUHVVRIWKH%LGGHUDQGPDUNHGLQFDSLWDOOHWWHUVRQWKHIURQWRIWKHHQYHORSHDVIROORZV
6DQLWDU\6HZHU6SRW5HSDLU3URMHFW)<
352-(&712(3:&,31266
:KHWKHUPDLOHGRUSHUVRQDOO\GHOLYHUHGDOOELGVVKDOOEHVHFXUHO\VHDOHGLQDVXLWDEOHHQYHORSHDQG DGGUHVVHGWRWKH&LW\(QJLQHHU&LW\RI(PHU\YLOOH$ODPHGD&RXQW\&DOLIRUQLD3DUN$YHQXH(PHU\YLOOH &$
1RODWHELGVZLOOEHDFFHSWHGDQGZLOOEHUHWXUQHGXQRSHQHG (DFKELGPXVWEHDFFRPSDQLHGE\D%LG*XDUDQW\LQWKHIRUPRI&DVK%LGGHU V%RQG&HUWLILHG&KHFN
RU&DVKLHU¶V&KHFNLQDQDPRXQWHTXDOWRDWOHDVWWHQSHUFHQW
RIWKH7RWDO%LG3ULFH7KH%LG*XDUDQW\
ZLOOEH UHWDLQHG DQG DSSOLHG WR DQ\ DQG DOOGDPDJHVVXVWDLQHGE\ WKH&LW\LQ WKH HYHQW WKDW WKHVXFFHVVIXO %LGGHUIDLOVRUUHIXVHVWRHQWHULQWRWKH&RQWUDFWDZDUGHGWRLWRUIXUQLVKDOOUHTXLUHGERQGVDQGFHUWLILFDWHVRI LQVXUDQFH
3ODQV6SHFLILFDWLRQV%LG'RFXPHQWV6XSSOHPHQWDO6SHFLILFDWLRQVDQGDQ\$GGHQGXPPD\EHREWDLQHG IUHHRIFKDUJHIURPZZZFLSOLVWFRP
7KH&RQWUDFWDZDUGHGSXUVXDQWWRWKLVDGYHUWLVHPHQWLVVXEMHFWWRWKH6WDWHFRQWUDFWQRQGLVFULPLQDWLRQ DQGFRPSOLDQFHUHTXLUHPHQWVSXUVXDQWWR&DOLIRUQLD*RYHUQPHQW&RGH

7KH&LW\RI(PHU\YLOOHKHUHE\QRWLILHVDOO%LGGHUVWKDWLWZLOODIILUPDWLYHO\HQVXUHWKDWLQDQ\&RQWUDFW DZDUGHG SXUVXDQW WR WKLV DGYHUWLVHPHQW GLVDGYDQWDJHG EXVLQHVV HQWHUSULVHV '%(V
ZLOO EH DIIRUGHG IXOO
RSSRUWXQLW\WRVXEPLWELGVLQUHVSRQVHWRWKLVLQYLWDWLRQDQGZLOOQRWEHGLVFULPLQDWHGDJDLQVWRQWKHJURXQGV RIUDFHFRORURUQDWLRQDORULJLQLQFRQVLGHUDWLRQIRUDQDZDUG'%(VDUHVWURQJO\HQFRXUDJHGWRVXEPLWELGVDV ERWKSULPH&RQWUDFWRUVDQGVXEFRQWUDFWRUV
7KLVLVD3XEOLF:RUNV&RQWUDFW,QDFFRUGDQFHZLWKVHFWLRQHWVHTRIWKH/DERU&RGHWKHJHQHUDO SUHYDLOLQJZDJHUDWHVDVHVWDEOLVKHGE\WKH'LUHFWRURIWKH&DOLIRUQLD'HSDUWPHQWRI,QGXVWULDO5HODWLRQVZLOO DSSO\7KHSUHYDLOLQJZDJHUDWHVHVWDEOLVKHGE\WKH6WDWH'LUHFWRURI,QGXVWULDO5HODWLRQVFDQEHYLHZHGDWWKH &LW\¶V RIILFHV DUH DYDLODEOH RQ WKH 6WDWH RI &DOLIRUQLD¶V ZHEVLWH DW KWWS
ZZZGLUFDJRY235/'3UH:DJH'HWHUPLQDWLRQKWP RU FDQ EH REWDLQHG E\ PDLO DGGUHVVHG WR
3UHYDLOLQJ:DJH8QLW'LYLVLRQRI/DERU6WDWLVWLFVDQG5HVHDUFK'HSDUWPHQWRI,QGXVWULDO5HODWLRQV32%R[

6DQ)UDQFLVFR&$

1R&RQWUDFWRURUVXEFRQWUDFWRUPD\EHOLVWHGRQDELGSURSRVDORUDZDUGHGDFRQWUDFW IRUDSXEOLF ZRUNVSURMHFWXQOHVVUHJLVWHUHGZLWK'HSDUWPHQWRI,QGXVWULDO5HODWLRQV ',5
SXUVXDQWWR/DERU&RGHVHFWLRQ
DWWKHWLPHRIELG(DFK%LGGHUDQGVXEFRQWUDFWRUPXVWVXEPLWSURRIRIFRQWUDFWRUUHJLVWUDWLRQZLWK',5

HJDKDUGFRS\RIWKHUHOHYDQWSDJHRIWKH',5
VGDWDEDVHIRXQGDW
KWWSV
HILOLQJGLUFDJRY3:&56HDUFK

7KLV&RQWUDFWLVVXEMHFWWRPRQLWRULQJDQGHQIRUFHPHQWE\WKH',5SXUVXDQWWR/DERU&RGH6HFWLRQ 3XUVXDQWWR3XEOLF&RQWUDFW&RGH6HFWLRQWKHVXFFHVVIXO%LGGHUPD\VXEPLWFHUWDLQVHFXULWLHV LQOLHXRIWKH&LW\UHWDLQLQJDSRUWLRQRISURJUHVVSD\PHQWVGXULQJWKH3URMHFW3XUVXDQWWR&DOLIRUQLD&LYLO&RGH 6HFWLRQ

WKHVXFFHVVIXO%LGGHUDWWKHWLPHWKHFRQWUDFWLVDZDUGHGVKDOOIXUQLVKDSD\PHQWERQGLIFLYLO ZRUNH[FHHGVWZHQW\ILYHWKRXVDQGGROODUV

LQWKHDPRXQWRIRIWKH7RWDO&RQWUDFW3ULFH7KH VXFFHVVIXO%LGGHUVKDOODOVRSURYLGHDSHUIRUPDQFHERQGLQWKHDPRXQWRIRIWKH7RWDO&RQWUDFW3ULFH $WWHQWLRQ LV GLUHFWHG WR WKH &RQWUDFW 'RFXPHQWV IRU FRPSOHWH GHWDLOV DQG ELG UHTXLUHPHQWV 6DLG &RQWUDFW'RFXPHQWVVKDOOEHFRQVLGHUHGDVDSDUWRIDQ\&RQWUDFWDZDUGHGSXUVXDQW WR WKLV1RWLFH,QYLWLQJ %LGV
$OOELGVDUHWREHFRPSDUHGRQWKHEDVLVRIWKH&LW\(QJLQHHU VHVWLPDWHRIWKHTXDQWLWLHVRIZRUNWREHGRQH
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
ODZDQGVXEMHFWWRDOODSSOLFDEOHUHPHGLHVLQFOXGLQJIRUIHLWXUHRIELGGHU¶VVHFXULW\ELGGHUVPD\QRWZLWKGUDZ WKHLUELGGXULQJWKH
GD\SHULRGDIWHUWKHELGRSHQLQJ
$OOTXHVWLRQVSULRUWRDZDUGRIWKH&RQWUDFWVKDOOEHGLUHFWHGWRWKHDWWHQWLRQRIWKHXQGHUVLJQHGYLDH PDLO QLNRODVLJQDFLR#HPHU\YLOOHRUJ 7KH GHDGOLQH IRU VXEPLVVLRQV RI LQLWLDO TXHVWLRQV DQG FODULILFDWLRQV FRQFHUQLQJ WKH&RQWUDFW'RFXPHQWVLV$XJXVW 30 2QO\ VLJQHG $GGHQGDLVVXHG E\ WKH&LW\
(QJLQHHUDUHELQGLQJ
7KH&LW\RI(PHU\YLOOHKHUHE\QRWLILHVDOOELGGHUVWKDWLWZLOODIILUPDWLYHO\LQVXUHWKDWLQDQ\FRQWUDFW HQWHUHG LQWR SXUVXDQW WR WKLV DGYHUWLVHPHQW GLVDGYDQWDJHG EXVLQHVV HQWHUSULVHV ZLOO EH DIIRUGHG IXOO RSSRUWXQLW\WRVXEPLWELGVLQUHVSRQVHWRWKLVLQYLWDWLRQDQGZLOOQRWEHGLVFULPLQDWHGDJDLQVWRQWKHJURXQGV RIUDFHFRORURUQDWLRQDORULJLQLQFRQVLGHUDWLRQIRUDQDZDUG'%(VDUHVWURQJO\HQFRXUDJHGWRVXEPLW ELGVDVERWKSULPHVDQGVXEV
%\RUGHURIWKH&LW\&RXQFLORIWKH&LW\RI(PHU\YLOOH$ODPHGD&RXQW\&DOLIRUQLD-XO\ 'DWH

1LNRODV,JQDFLR
$VVRFLDWH&LYLO(QJLQHHU&LW\RI(PHU\YLOOH
August 10, 2023

3$57$
%,''2&80(176
)25
6DQLWDU\6HZHU6SRW5HSDLU3URMHFW)<
3URMHFW1R(3:
&,31R66

(3: $
6(&7,21
%,''(5¶6&+(&./,67
$OO LWHPV RQ WKH %LGGHU¶V &KHFNOLVW PXVW EH LQLWLDOHG DQG GDWHG IRU WKH 3URSRVDO WR EH FRQVLGHUHG FRPSOHWH7KH&LW\RI(PHU\YLOOHUHVHUYHVWKHULJKWWRDZDUGD&RQWUDFWLQDPDQQHUDQGRQWKHEDVLV ZKLFKZLOOEHVWVHUYHWKH&LW\
7KH%LGGHUV¶ DWWHQWLRQLV VSHFLILFDOO\FDOOHG WR WKH IROORZLQJIRUPVZKLFKPXVW EH H[HFXWHGLQ IXOO DV

UHTXLUHG

D
%LG6KHHWVĿ
7KH%DVH%LG3ULFH$GG$OWHUQDWH3ULFHDQG7RWDO%LG3ULFHPXVWEHVKRZQLQWKHVSDFHRQWKH %LG3URSRVDOIRUPSURYLGHG

E
%LG3URSRVDO)RUPĿ
$ %LG 3URSRVDO IRUP PXVW EH ILOOHG LQ VLJQHG DQG VXEPLWWHG IRU WKH %LG 'RFXPHQWV WR EH FRQVLGHUHGFRPSOHWH
%LGGHU¶V%RQG
$FFRPSDQ\LQJ%LG
Ŀ
,IQRWRWKHUZLVHSURYLGLQJFDVKFDVKLHU¶VFKHFNRUFHUWLILHGFKHFNZLWKLWV%LG3URSRVDODVLWV ELGJXDUDQW\D%LGGHU¶V%RQGIRUPPXVWEHILOOHGRXWVLJQHGDQGVXEPLWWHGZLWKWKH%LG 3URSRVDOIRUWKH%LG'RFXPHQWVWREHFRQVLGHUHGFRPSOHWH7KHVXUHW\¶VSRZHURIDWWRUQH\ PXVWEHDWWDFKHG2ULJLQDOVLJQDWXUHVDUHUHTXLUHG
1RQ&ROOXVLRQ'HFODUDWLRQĿ
$1RQ&ROOXVLRQ'HFODUDWLRQIRUPPXVWEHILOOHGRXWVLJQHGDQGVXEPLWWHGZLWKWKH%LG3URSRVDO IRUWKH%LG'RFXPHQWVWREHFRQVLGHUHGFRPSOHWH
6XEFRQWUDFWRUV/LVWĿ
$6XEFRQWUDFWRUV/LVWIRUPPXVWEHILOOHGRXWDQGVXEPLWWHGZLWKWKH%LG3URSRVDOIRUWKH%LG 'RFXPHQWVWREHFRQVLGHUHGFRPSOHWH
:RUNHUV&RPSHQVDWLRQ&HUWLILFDWHĿ
7KH %LGGHU DFNQRZOHGJHV WKDW KHVKH PXVW VLJQ DQG DWWDFK DQ\ DSSOLFDEOH :RUNHUV &RPSHQVDWLRQ&HUWLILFDWHWRWKH%LG3URSRVDO
:DVWH0DQDJHPHQW3ODQĿ
$SSOLFDQWLVQRWLILHGRIQHHGWRSUHSDUHD:DVWH0DQDJHPHQW3ODQDVDSURMHFW6XEPLWWDO2Q OLQHV\VWHPLVDYDLODEOHDWZZZHPHU\YLOOHZDVWHWUDFNLQJFRP &KHFNKHUHVLJQLILHVDZDUHQHVVRIDQGLQWHQWWRSUHSDUHLIDZDUGHGDFRQWUDFW %RQG5HTXLUHPHQWVĿ
7KH%LGGHUXQGHUVWDQGVWKDWDSHUIRUPDQFHERQGLVVXHGE\DQDSSURYHGVXUHW\HTXDOLQJRQH KXQGUHGSHUFHQW

RIWKH7RWDO&RQWUDFW3ULFHDPRXQWZLOOEHUHTXLUHG$SD\PHQWERQG HTXDOLQJRQHKXQGUHGSHUFHQW

RIWKH7RWDO&RQWUDFW3ULFHDPRXQWZLOODOVREHUHTXLUHG $GGHQGDĿ
7KH%LGGHUDFNQRZOHGJHVWKDWKHVKHPXVWVLJQDQGDWWDFKDQ\DSSOLFDEOHDGGHQGDWRWKH%LG 3URSRVDOIRUWKH%LG'RFXPHQWVWREHFRQVLGHUHGFRPSOHWH

(3: $
,QLWLDO
BBBBBBBBBBBBBBBBBBBBBB'DWH
BBBBBBBBBBBBBB

(3: $
6(&7,21
1RW8VHG

(3: $
6(&7,21
352326$/
7RWKH+RQRUDEOH&LW\&RXQFLORIWKH&LW\RI(PHU\YLOOH$ODPHGD&RXQW\&DOLIRUQLD 6DQLWDU\6HZHU6SRW5HSDLU3URMHFW)<
3URMHFW1R(3:&,31R66
1DPHRI%LGGHU
6WUHHW$GGUHVV
&LW\6WDWH=LS&RGH
7HOHSKRQH1R
(PDLO$GGUHVV
)2586(:,7+7+()2//2:,1*

7KH6WDWHRI&DOLIRUQLD'HSDUWPHQWRI7UDQVSRUWDWLRQ6WDQGDUG6SHFLILFDWLRQVDQGWKH 6WDWHRI&DOLIRUQLD'HSDUWPHQWRI7UDQVSRUWDWLRQ6WDQGDUG3ODQV 7KH&RQWUDFW'UDZLQJVDUHJHQHUDOO\WLWOHG³6DQLWDU\6HZHU6SRW5HSDLU3URMHFW)<´ %LGVDUHWREHVXEPLWWHGIRUWKHHQWLUHZRUN7KHDPRXQWRIWKHELGIRUFRPSDULVRQSXUSRVHVZLOOEHWKH WRWDORIDOOLWHPV
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

(3: $
352326$/
&217
3URMHFW1R(3:&,31R66

$VWROXPSVXPLWHPVWKHDPRXQWVHWIRUWKLQWKH,WHP7RWDOFROXPQVKDOOEHWKHLWHPSULFH

$VWKHXQLWEDVLVLWHPVWKHDPRXQWVHWIRUWKLQWKH,WHP7RWDOFROXPQVKDOOEHGLYLGHGE\WKH HVWLPDWHGTXDQWLW\IRUWKHLWHPDQGWKHSULFHWKXVREWDLQHGVKDOOEHWKHLWHPSULFH ,IWKLVSURSRVDOVKDOOEHDFFHSWHGDQGWKHXQGHUVLJQHGVKDOOIDLOWRHQWHULQWRWKH&RQWUDFWDQGIXUQLVK WKHWZR

ERQGVLQWKHVXPVWREHGHWHUPLQHGDVDIRUHVDLGZLWKVXUHW\VDWLVIDFWRU\WRWKH'HSDUWPHQW RI3XEOLF:RUNVDQGSURYLGHWKHDSSURSULDWHLQVXUDQFHFHUWLILFDWHVZLWKLQWHQ
FDOHQGDUGD\VDIWHUWKH
%LGGHUKDVUHFHLYHGQRWLFHIURPWKH&LW\(QJLQHHUWKDWWKH&RQWUDFWKDVEHHQDZDUGHGWKH&LW\PD\DW LWVRSWLRQGHWHUPLQHWKDWWKH%LGGHUKDVDEDQGRQHGWKH&RQWUDFWDQGWKHUHXSRQWKLVSURSRVDODQGWKH DFFHSWDQFHWKHUHRIVKDOOEHQXOODQGYRLGDQGWKHIRUIHLWXUHRIVXFKVHFXULW\DFFRPSDQ\LQJWKLVSURSRVDO VKDOORSHUDWHDQGWKHVDPHVKDOOEHWKHSURSHUW\RIWKH&LW\RI(PHU\YLOOH,IWKHGHDGOLQHWRSHUIRUPDQ\ DFWVKDOOIDOORQD6DWXUGD\6XQGD\RUOHJDOKROLGD\RIWKH&LW\WKHQWKHGHDGOLQHWRSHUIRUPVDLGDFW VKDOOIDOORQWKHQH[WUHJXODUEXVLQHVVGD\
7KH XQGHUVLJQHG DV %LGGHU GHFODUHV WKDW WKH RQO\ SHUVRQV RU SDUWLHV LQWHUHVWHG LQ WKLV SURSRVDO DV SULQFLSDOVDUHWKRVHQDPHGKHUHLQ
WKDWWKLVSURSRVDOLVPDGHZLWKRXWFROOXVLRQZLWKDQ\RWKHUSHUVRQ ILUPVRUFRUSRUDWLRQDQGLQVXEPLWWLQJWKLVSURSRVDOWKHXQGHUVLJQHG%LGGHUDJUHHVWKDWKHKDVFDUHIXOO\ H[DPLQHGWKHORFDWLRQRIWKHSURSRVHGZRUNWKHDQQH[HGSURSRVHGIRUPRI&RQWUDFWDQGWKHSODQVDQG VSHFLILFDWLRQVWKHUHLQUHIHUUHGWR
DQGKHSURSRVHVDQGDJUHHVLIWKLVSURSRVDOLVDFFHSWHGWKDWKHZLOO FRQWUDFWZLWKWKH&LW\RI(PHU\YLOOHLQWKHIRUPRIDFRS\RIWKH&RQWUDFWDQQH[HGKHUHWRWRSURYLGHDOO QHFHVVDU\PDFKLQHU\ WRROV DSSDUDWXV DQG RWKHUPHDQV RI FRQVWUXFWLRQ DQG WR GR DOO WKH ZRUN DQG IXUQLVK DOO WKH PDWHULDOV VSHFLILHG LQ WKH &RQWUDFW LQ WKH PDQQHU DQG WLPH WKHUHLQ SUHVFULEHG DQG DFFRUGLQJ WR WKH UHTXLUHPHQWV RI WKH &LW\ (QJLQHHU DV WKHUHLQ VHW IRUWK DQG WKDW KH ZLOO WDNH LQ IXOO SD\PHQWWKHUHIRUHWKHIROORZLQJLWHPSULFHVWRZLW

(3: $
%,'6+((7
&,7<2)(0(5<9,//(
6$1,7$5<6(:(563275(3$,5352-(&7)<
3URMHFW1R(3:66
8QLWVRIPHDVXUHDQGDEEUHYLDWLRQVDUHGHILQHGLQ6HFWLRQ2QHRIWKH6WDQGDUG6SHFLILFDWLRQV
%LG
,WHP
1R '(6&5,37,21 81,7
(67,0$7(
'
48$17,7< 81,735,&(
,7(0
727$/

6XSSOHPHQWDO:RUN ($

0RELOL]DWLRQ /6

3UHSDUH,PSOHPHQWDQG0DLQWDLQ:DWHU3ROOXWLRQ&RQWURO3ODQ /6
7UDIILF&RQWURO6\VWHP
3URMHFW$UHD
/6

7UDIILF&RQWURO6\VWHP
3URMHFW$UHD
/6

7UDIILF&RQWURO6\VWHP
3URMHFW$UHD
/6

7UDIILF&RQWURO6\VWHP
3URMHFW$UHD
/6

7UDIILF&RQWURO6\VWHP
3URMHFW$UHD
/6

7HOHYLVLRQ,QVSHFWLRQRI6HZHU0DLQDQG6HZHU6WUXFWXUH,QVSHFWLRQ /)
3UHSDUHDQG,PSOHPHQW([FDYDWLRQ'HZDWHULQJ3ODQ
3URMHFW$UHD
/6

3UHSDUHDQG,PSOHPHQW([FDYDWLRQ'HZDWHULQJ3ODQ
3URMHFW$UHD
/6

3UHSDUHDQG,PSOHPHQW([FDYDWLRQ'HZDWHULQJ3ODQ
3URMHFW$UHD
/6

6HZHU)ORZ&RQWURODQG'LYHUVLRQ
3URMHFW$UHD
/6

6HZHU)ORZ&RQWURODQG'LYHUVLRQ
3URMHFW$UHD
/6

6HZHU)ORZ&RQWURODQG'LYHUVLRQ
3URMHFW$UHD
/6

6HZHU)ORZ&RQWURODQG'LYHUVLRQ
3URMHFW$UHD
/6

6HZHU)ORZ&RQWURODQG'LYHUVLRQ
3URMHFW$UHD
/6

6KHHWLQJ6KRULQJDQG%UDFLQJ
3URMHFW$UHD
/6

6KHHWLQJ6KRULQJDQG%UDFLQJ
3URMHFW$UHD
/6

(3: $

6KHHWLQJ6KRULQJDQG%UDFLQJ
3URMHFW$UHD
/6

/RDG2IIKDXODQG'LVSRVHRI([FDYDWHG0DWHULDO
72 1

´+'3('56HZHU0DLQ±2SHQ([FDYDWLRQ3URMHFW$UHD

6KHOOPRXQG6W
/)
KHHU '(6&5,37,21 81,7
(67,0$7(
'
48$17,7< 81,735,&(
,7(0
727$/

´+'3('56HZHU0DLQ±2SHQ([FDYDWLRQ3URMHFW$UHD

UG6W
/)

´+'3('56HZHU0DLQ±2SHQ([FDYDWLRQ3URMHFW$UHD

WK6W /D&RVWH6W
/)

&XUHGLQ3ODFH3LSH
&,33
/)

*URXW,QMHFWLRQDW3LSH/HDN /6

*URXW,QMHFWLRQDW3LSH/HDN /6

3DYHPHQW'HOLQHDWLRQ /6

6WRUPGUDLQ6\VWHP&OHDQLQJDQG&&793RZHOO6W 9DOOHMR6W /6
6WRUPGUDLQ6\VWHP&OHDQLQJDQG&&793DUN$YH +ROOLV6W /6
6WRUPGUDLQ6\VWHP&OHDQLQJDQG&&79WK6W0LGEORFN /6
1RWHV

7RWDO3ULFH%DVH%LGLQFOXGLQJDOO7D[HV3HUPLWDQG/LFHQVH)HHV %$6(
%,' 727$/

(3: $
352326$/
&217
3URMHFW1R(3:&,31R66
$FFRPSDQ\LQJWKLVSURSRVDOLV

1RWLFH
LQVHUWWKHZRUGV&$6+

&$6+,(5
6&+(&.&(57,),('&+(&.25%,''(56%21'

LQDQDPRXQWHTXDOWRDWOHDVWWHQSHUFHQWRIWKHWRWDORIWKH7RWDO%LG3ULFH 7KHQDPHVRIDOOSHUVRQVLQWHUHVWHGLQWKHIRUHJRLQJSURSRVDODVSULQFLSDOVDUHDVIROORZV
,03257$17127,&(
,I%LGGHURURWKHULQWHUHVWHGSHUVRQLVDFRUSRUDWLRQVWDWHOHJDOQDPH RIFRUSRUDWLRQDOVRQDPHVRIWKHSUHVLGHQWVHFUHWDU\WUHDVXUHUDQGPDQDJHUWKHUHRI LID
FRSDUWQHUVKLSVWDWHWUXHQDPHRIILUPDOVRQDPHVRIDOOLQGLYLGXDOFRSDUWQHUVFRPSRVLQJ ILUP
LI%LGGHURURWKHULQWHUHVWHGSHUVRQLVDQLQGLYLGXDOVWDWHILUVWDQGODVWQDPHVLQIXOO /LFHQVHGLQDFFRUGDQFHZLWKDQDFWSURYLGLQJIRUWKHUHJLVWUDWLRQRI&RQWUDFWRUV
&RQWUDFWRU
/LFHQVH1R
/LFHQVHH1DPH
/LFHQVH4XDOLILHU
'DWH,VVXHG
2WKHU/LFHQVH&ODVVLILFDWLRQV+D]DUGRXV6XEVWDQFHV5HPRYDO /LFHQVH1R

/LFHQVHH1DPH
0D\EH6XEFRQWUDFWRU

/LFHQVH4XDOLILHU
'DWH,VVXHG
',55HJLVWUDWLRQ1XPEHU

(3: $

352326$/
&217
3URMHFW1R(3:&,31R66
$''(1'$7KLV3URSRVDOLVVXEPLWWHGZLWKUHVSHFWWRWKHFKDQJHVWRWKHFRQWUDFW LQFOXGHG LQDGGHQGDQXPEHUV BBBBBBBBBBBB
)LOOLQDQ\DGGHQGDQXPEHUVLIDGGHQGDKDYHEHHQ
UHFHLYHG

%\P\VLJQDWXUHRQWKLVSURSRVDO,FHUWLI\XQGHUSHQDOW\RISHUMXU\XQGHUWKHODZVRIWKH6WDWHRI &DOLIRUQLD WKDW WKH IRUHJRLQJ TXHVWLRQQDLUH DQGVWDWHPHQWV RI3XEOLF&RQWUDFW&RGH6HFWLRQ DQGDUHWUXHDQGFRUUHFWDQGWKDWWKH%LGGHUKDVFRPSOLHGZLWKWKHUHTXLUHPHQWVRI 6HFWLRQRIWKH)DLU(PSOR\PHQWDQG+RXVLQJ&RPPLVVLRQ5HJXODWLRQV &KDSWHU7LWOHRIWKH
&DOLIRUQLD$GPLQLVWUDWLYH&RGH
%\P\VLJQDWXUHRQWKLVSURSRVDO,IXUWKHUFHUWLI\XQGHUSHQDOW\RI SHUMXU\XQGHUWKHODZVRIWKH6WDWHRI&DOLIRUQLDWKDWWKH1RQ&ROOXVLRQ$IILGDYLWUHTXLUHGE\3XEOLF &RQWUDFW&RGH6HFWLRQLVWUXHDQGFRUUHFW
6,*1+(5(!!! E\

LWV

'DWH

(1'2)352326$/

(3: $
6(&7,21
%,''(5
6%21'
.12:$//3(56216%<7+(6(35(6(176

7KDW DV3ULQFLSDODQG
DV6XUHW\DUHKHOGDQGILUPO\ERXQGXQWRWKH&LW\RI(PHU\YLOOHDPXQLFLSDOFRUSRUDWLRQ ORFDWHGLQ$ODPHGD&RXQW\6WDWHRI&DOLIRUQLD
KHUHLQDIWHU&LW\
LQWKHVXPRI

EHLQJDWOHDVWWHQSHUFHQW

RIWKHWRWDODPRXQWRIWKH*UDQG7RWDO%LG
3ULFHIRUWKHSD\PHQWRIZKLFKVXPLQODZIXOPRQH\RIWKH8QLWHG6WDWHVRI$PHULFDWRWKH&LW\RI (PHU\YLOOHZHELQGRXUVHOYHVRXUKHLUVH[HFXWRUVDGPLQLVWUDWRUVVXFFHVVRUVDQGDVVLJQVMRLQWO\DQG VHYHUDOO\ILUPO\E\WKHVHSUHVHQWV
:+(5($6WKH3ULQFLSDOKDVVXEPLWWHGVDLGELGWRWKH&LW\IRUWKH6DQLWDU\6HZHU6SRW 5HSDLU3URMHFW)<
3URMHFW

12:7+(5()25(WKHFRQGLWLRQRIWKHDERYHREOLJDWLRQLVVXFKWKDWLID&RQWUDFWLVDZDUGHG E\WKH&LW\ZLWKLQWKHWLPHDQGLQWKHPDQQHUUHTXLUHGE\WKHVSHFLILFDWLRQVIRUWKH3URMHFWDQGD ZULWWHQ&RQWUDFWLVHQWHUHGLQWRZLWKWKH&LW\DQGWKHUHTXLVLWHERQGRUERQGVDQGLQVXUDQFH FHUWLILFDWHVDUHIXUQLVKHGWKHQWKLVREOLJDWLRQVKDOOEHFRPHQXOODQGYRLGRWKHUZLVHWRUHPDLQLQIXOO IRUFHDQGHIIHFWIRUQLQHW\

GD\VIROORZLQJWKHSXEOLFRSHQLQJRIELGVIRUWKLVVROLFLWDWLRQ ,QWKHHYHQWVXLWLVEURXJKWXSRQWKLVERQGE\WKH&LW\DQGMXGJPHQWLVUHFRYHUHGWKH6XUHW\ VKDOOSD\DOOFRVWVLQFXUUHGE\WKH&LW\LQVXFKVXLWLQFOXGLQJDUHDVRQDEOHDWWRUQH\VIHHWREHIL[HGE\ WKH&RXUW
'DWHG
72%(&216,'(5('&203/(7(
%27+7+(35,1&,3$/$1' 3ULQFLSDO
685(7<08676,*17+,6
%,''(5
6%21',1$'',7,21 %\

7+(685(7<
66,*1$785(0867
%(127$5,=('$1'
7+(685(7<
632:(52)$77251(< 6XUHW\
0867%($77$&+('25,*,1$/
6,*1$785(6$5(5(48,5(' %\

$GGUHVVRI6XUHW\

(3: $
&(57,),&$7(2)$&.12:/('*0(17
67$7(2)&$/,)251,$
VV
&2817<2)$/$0('$
2Q EHIRUH PH
1RWDU\ 3XEOLFSHUVRQDOO\DSSHDUHG
ZKRSURYHGWRPH
RQWKHEDVLVRIVDWLVIDFWRU\HYLGHQFHWREHWKHSHUVRQ
V
ZKRVHQDPH
V
LVDUHVXEVFULEHGWRWKHZLWKLQ
LQVWUXPHQWDQGDFNQRZOHGJHGWRPHWKDWKHVKHWKH\H[HFXWHGWKHVDPHLQKLVKHUWKHLUDXWKRUL]HG FDSDFLW\
LHV
DQGWKDWE\KLVKHUWKHLUVLJQDWXUH
V
RQWKHLQVWUXPHQWWKHSHUVRQ
V
RUWKHHQWLW\XSRQ
EHKDOIRIZKLFKWKHSHUVRQ
V
DFWHGH[HFXWHGWKHLQVWUXPHQW
,FHUWLI\XQGHU3(1$/7<2)3(5-85<XQGHUWKHODZVRIWKH6WDWHRI&DOLIRUQLDWKDWWKHIRUHJRLQJ SDUDJUDSKLVWUXHDQGFRUUHFW
:,71(66P\KDQGDQGRIILFLDOVHDO
6LJQDWXUH
6HDO$ERYH

(1'2)%,''(56%21'

(3: $
6(&7,21
121&2//86,21'(&/$5$7,21
7KHXQGHUVLJQHGGHFODUHV

,DPWKH RI WKHSDUW\PDNLQJ
WKHIRUHJRLQJELG
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
$Q\SHUVRQH[HFXWLQJWKLVGHFODUDWLRQRQEHKDOIRIDELGGHUWKDWLVDFRUSRUDWLRQSDUWQHUVKLSMRLQW YHQWXUHOLPLWHGOLDELOLW\FRPSDQ\OLPLWHGOLDELOLW\SDUWQHUVKLSRUDQ\RWKHUHQWLW\KHUHE\UHSUHVHQWV WKDWKHRUVKHKDVIXOOSRZHUWRH[HFXWHDQGGRHVH[HFXWHWKLVGHFODUDWLRQRQEHKDOIRIWKHELGGHU 7KHXQGHUVLJQHGGHFODUHVXQGHUSHQDOW\RISHUMXU\WKDWWKHLQIRUPDWLRQFRQWDLQHGLQ WKLVSURSRVDODQGDOODFFRPSDQ\LQJGRFXPHQWVDUHWUXHDQGFRUUHFW ([HFXWHGRQ
/HJDO&RPSDQ\1DPH
%\

7LWOH

'DWH

(3: $
6(&7,21
68%&2175$&7256/,67
,QDFFRUGDQFHZLWK6HFWLRQ³6XEFRQWUDFWRUV/LVWRIWKH6WDQGDUG6SHFLILFDWLRQVIRUWKLV &RQWUDFWWKHIROORZLQJOLVWRI6XEFRQWUDFWRUVLVVXEPLWWHGZLWKWKH3URSRVDODQGPDGHDSDUWWKHUHRI 1DPHRI6XEFRQWUDFWRU6XSSOLHU
/LFHQVH1R
'HSWRI,QGXVWULDO5HODWLRQV5HJLVWUDWLRQ1RBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVV
:RUNWREH3HUIRUPHG
%LG6KHHW,WHP1R
3HUFHQWDJHRI,WHP1RWREH3HUIRUPHG
'ROODU9DOXHRI:RUN
1DPHRI6XEFRQWUDFWRU6XSSOLHU
/LFHQVH1R
'HSWRI,QGXVWULDO5HODWLRQV5HJLVWUDWLRQ1RBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVV
:RUNWREH3HUIRUPHG
%LG6KHHW,WHP1R
3HUFHQWDJHRI,WHP1RWREH3HUIRUPHG
'ROODU9DOXHRI:RUN
1DPHRI6XEFRQWUDFWRU6XSSOLHU
/LFHQVH1R
'HSWRI,QGXVWULDO5HODWLRQV5HJLVWUDWLRQ1RBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVV
:RUNWREH3HUIRUPHG
%LG6KHHW,WHP1R
3HUFHQWDJHRI,WHP1RWREH3HUIRUPHG
'ROODU9DOXHRI:RUN
1DPHRI6XEFRQWUDFWRU6XSSOLHU

(3: $
/LFHQVH1R
'HSWRI,QGXVWULDO5HODWLRQV5HJLVWUDWLRQ1RBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVV
:RUNWREH3HUIRUPHG
%LG6KHHW,WHP1R
3HUFHQWDJHRI,WHP1RWREH3HUIRUPHG
'ROODU9DOXHRI:RUN
1DPHRI6XEFRQWUDFWRU6XSSOLHU
/LFHQVH1R
'HSWRI,QGXVWULDO5HODWLRQV5HJLVWUDWLRQ1RBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVV
:RUNWREH3HUIRUPHG
%LG6KHHW,WHP1R
3HUFHQWDJHRI,WHP1RWREH3HUIRUPHG
'ROODU9DOXHRI:RUN
1DPHRI6XEFRQWUDFWRU6XSSOLHU
/LFHQVH1R
'HSWRI,QGXVWULDO5HODWLRQV5HJLVWUDWLRQ1RBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVV
:RUNWREH3HUIRUPHG
'ROODU9DOXHRI:RUN ?
1DPHRI6XEFRQWUDFWRU6XSSOLHU
/LFHQVH1R
'HSWRI,QGXVWULDO5HODWLRQV5HJLVWUDWLRQ1RBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVV
:RUNWREH3HUIRUPHG
%LG6KHHW,WHP1R
3HUFHQWDJHRI,WHP1RWREH3HUIRUPHG
'ROODU9DOXHRI:RUN
1DPHRI6XEFRQWUDFWRU6XSSOLHU

(3: $
/LFHQVH1R
'HSWRI,QGXVWULDO5HODWLRQV5HJLVWUDWLRQ1RBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVV
:RUNWREH3HUIRUPHG
%LG6KHHW,WHP1R
3HUFHQWDJHRI,WHP1RWREH3HUIRUPHG
'ROODU9DOXHRI:RUN

1DPHRI6XEFRQWUDFWRU6XSSOLHU
/LFHQVH1R
'HSWRI,QGXVWULDO5HODWLRQV5HJLVWUDWLRQ1RBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVV
:RUNWREH3HUIRUPHG
%LG6KHHW,WHP1R
3HUFHQWDJHRI,WHP1RWREH3HUIRUPHG
'ROODU9DOXHRI:RUN
1DPHRI6XEFRQWUDFWRU6XSSOLHU
/LFHQVH1R
'HSWRI,QGXVWULDO5HODWLRQV5HJLVWUDWLRQ1RBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVV
:RUNWREH3HUIRUPHG
%LG6KHHW,WHP1R
3HUFHQWDJHRI,WHP1RWREH3HUIRUPHG
'ROODU9DOXHRI:RUN
1DPHRI6XEFRQWUDFWRU6XSSOLHU
/LFHQVH1R
'HSWRI,QGXVWULDO5HODWLRQV5HJLVWUDWLRQ1RBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVV
:RUNWREH3HUIRUPHG
%LG6KHHW,WHP1R
3HUFHQWDJHRI,WHP1RWREH3HUIRUPHG
'ROODU9DOXHRI:RUN

(3: $
6(&7,21
:25.(56¶&203(16$7,21&(57,),&$7(
7REHH[HFXWHGE\%LGGHUDQGVXEPLWWHGZLWKELG
%\VLJQLQJEHORZ%LGGHULVDZDUHRIWKHSURYLVLRQVRI6HFWLRQRIWKH/DERU&RGHZKLFKUHTXLUHV HYHU\ HPSOR\HU WR EH LQVXUHG DJDLQVW OLDELOLW\ IRU ZRUNHUV¶ FRPSHQVDWLRQ RU WR XQGHUWDNH VHOI LQVXUDQFH LQ DFFRUGDQFH ZLWK WKH SURYLVLRQ RI WKDW FRGH DQG LI DZDUGHG D &RQWUDFW %LGGHU ZLOO FRPSO\ZLWKVXFKSURYLVLRQVEHIRUHFRPPHQFLQJWKHSHUIRUPDQFHRIWKHZRUNRIWKLV&RQWUDFW )LUP1DPH B
6LJQDWXUHRI$XWKRUL]HG2IILFLDO
3ULQWHG1DPHRI$XWKRUL]HG2IILFLDO
7LWOHRI$XWKRUL]HG2IILFLDO B
'DWH

(3: $
6(&7,21
&2175$&7

(3: $
6$03/(&216758&7,21&2175$&7
7KLV&RQWUDFWLVPDGHDQGHQWHUHGLQWRWKLV GD\RI E\ DQG EHWZHHQ &,7< 2) (0(5<9,//( D PXQLFLSDO FRUSRUDWLRQ
&LW\
DQG

&RQWUDFWRU

:,71(66(7+

:+(5($6E\5HVROXWLRQ1R WKH&LW\&RXQFLORIWKH&LW\RI(PHU\YLOOHKDV DXWKRUL]HGWKH'LUHFWRURI3XEOLF:RUNVWRVROLFLWSXEOLFELGVIRU

WKH³3URMHFW´

DQG
:+(5($6WKH&LW\KDVFRQGXFWHGDSXEOLFELGGLQJSURFHGXUHLQFRPSOLDQFHZLWKDOO DSSOLFDEOHODZV
DQG
:+(5($6&RQWUDFWRUVXEPLWWHGWKHORZHVWUHVSRQVLEOHELG DQG
:+(5($6WKH&LW\KDVGHWHUPLQHGWKDWWKH&RQWUDFWRULVTXDOLILHGE\WUDLQLQJDQG H[SHULHQFHWRUHQGHUVXFKVHUYLFHV
DQG
12:7+(5()25(WKHSDUWLHVPXWXDOO\DJUHHDV IROORZV

&RQWUDFW'RFXPHQWV
7KHIROORZLQJGRFXPHQWVLQFOXGLQJWKHLUUHVSHFWLYHH[KLELWVDQGDGGHQGD FROOHFWLYHO\&RQWUDFW
'RFXPHQWV
DUH E\ WKLV UHIHUHQFH LQFRUSRUDWHG LQ DQGPDGH D SDUW RI WKLV &RQWUDFW LQ WKH IROORZLQJRUGHURISUHFHGHQFH

D $PHQGPHQWVWRWKLV&RQWUDFW
E &RQWUDFW
F $GGHQGDWR,QYLWDWLRQIRU%LG
G ,QVWUXFWLRQVWR%LGGHUV
H 3URMHFW 3ODQV 6SHFLILFDWLRQV DQG &RQWUDFW 'UDZLQJV IRU I &LW\RI(PHU\YLOOH6WDQGDUG6SHFLILFDWLRQV
J 6WDWHRI&DOLIRUQLD'HSDUWPHQWRI7UDQVSRUWDWLRQ6WDQGDUG3ODQVODWHVWHGLWLRQ K 6WDWHRI&DOLIRUQLD'HSDUWPHQWRI7UDQVSRUWDWLRQ6WDQGDUG6SHFLILFDWLRQVODWHVWHGLWLRQ L 7KH ³*UHHQ %RRN´ 6WDQGDUG 6SHFLILFDWLRQV IRU 3XEOLF :RUNV &RQVWUXFWLRQ DQG WKH (DVW %D\ 0XQLFLSDO8WLOLW\'LVWULFW$PHQGPHQWVODWHVWHGLWLRQ
M 5HTXLUHGERQGGRFXPHQWV
N 1RWLFHWR&RQWUDFWRUV
O &RQWUDFWRU
V%LGDQG3URSRVDODVDFFHSWHGE\&LW\
- ([KLELW$
>5HVHUYHG@
. ([KLELW%
,QVXUDQFH5HTXLUHPHQWV
3URMHFW 1R (3: &,3 1R
3URMHFW1R(3: &,31R

(3: $

SHUFDOHQGDUGD\

'2//$56

6FRSHRI:RUN
,Q FRQIRUPDQFH ZLWK WKH &RQWUDFW 'RFXPHQWV &RQWUDFWRU ZLOO IXUQLVK DOO ODERU PDWHULDOV HTXLSPHQWLQFLGHQWDOVWUDQVSRUWDWLRQDQGGLVSRVDOIRUVHUYLFHVUHTXLUHGLQRUGHUWRSHUIRUPDQG FRPSOHWHWKH3URMHFW
3ULFH
7KHWRWDODPRXQWWREHSDLGXQGHUWKLV&RQWUDFWIRUDOORIWKHZRUNVHWIRUWKLQ6HFWLRQDERYHLV QRWWRH[FHHG
7RWDO&RQWUDFW3ULFH
7KLVSULFHLQFOXGHVDOOFRVWV
IRUODERUPDWHULDOVWRROVHTXLSPHQWVHUYLFHVZDUUDQW\WD[HVLQVXUDQFHRYHUKHDGSURILWDQG DOORWKHUFRVWVQHFHVVDU\WRSHUIRUPWKHZRUNLQDFFRUGDQFHZLWKWKLV&RQWUDFW 7LPHIRU&RPSOHWLRQ
$IWHU WKH &RQWUDFW KDV EHHQ H[HFXWHG E\ &LW\ &RQWUDFWRU VKDOOEHJLQ ZRUN ZLWKLQ VHYHQ

FDOHQGDUGD\VDIWHUWKHHIIHFWLYHGDWHRIWKH1RWLFHWR3URFHHGLVVXHGE\&LW\DQGVKDOOGLOLJHQWO\ SURVHFXWHWKHZRUNWRFRPSOHWLRQZLWKLQ

ZRUNLQJGD\VIURPWKHHIIHFWLYHGDWH
RIWKH1RWLFHWR3URFHHG/LTXLGDWHG'DPDJHVLQWKH$PRXQWRI ZLOO EHDVVHVVHGIRUIDLOXUHWRFRPSOHWHWKHFRQWUDFWZRUNZLWKLQWKHQXPEHURIZRUNGD\VVSHFLILHG ,QGHPQLILFDWLRQ
7RWKHIXOOHVWH[WHQWSHUPLWWHGE\ODZ&RQWUDFWRUVKDOOLQGHPQLI\GHIHQGDQGKROGKDUPOHVV&LW\ DQG&LW\¶VPHPEHUVRIILFHUVDJHQWVHPSOR\HHVDQGYROXQWHHUV IURPDQGDJDLQVWDQ\DQGDOO FODLPVORVVHVOLDELOLWLHVRIHYHU\NLQGQDWXUHDQGGHVFULSWLRQGDPDJHVLQMXU\ LQFOXGLQJZLWKRXW
OLPLWDWLRQLQMXU\WRRUGHDWKRIDQHPSOR\HHRI&RQWUDFWRURUVXEFRQWUDFWRUVDVZHOODVDQ\FODLP E\DQ\HPSOR\HHDJHQW&RQWUDFWRURULQGHSHQGHQWFRQWUDFWRUKLUHGRUHPSOR\HGE\&RQWUDFWRU WKDWVXFKSHUVRQVRULQGLYLGXDOVDUHHQWLWOHGWRDQ\EHQHILWRWKHUZLVHSURYLGHGWRHPSOR\HHVRI WKH&LW\LQFOXGLQJFRYHUDJHXQGHUWKH&DOLIRUQLD3XEOLF(PSOR\HH5HWLUHPHQW6\VWHP FRVWVDQG
H[SHQVHV RI DQ\ NLQG ZKHWKHU DFWXDO DOOHJHG RU WKUHDWHQHG LQFOXGLQJ ZLWKRXW OLPLWDWLRQ LQFLGHQWDO DQG FRQVHTXHQWLDO GDPDJHV FRXUW FRVWV UHDVRQDEOH DWWRUQH\V¶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¶VLQGHPQLW\REOLJDWLRQVKDOOQRWDSSO\WROLDELOLW\IRUGDPDJHVIRUGHDWKRUERGLO\LQMXU\ WR SHUVRQVLQMXU\ WR SURSHUW\RU DQ\ RWKHUORVV GDPDJH RU H[SHQVH DULVLQJ IURP WKH VROHRU DFWLYHQHJOLJHQFHRUZLOOIXOPLVFRQGXFWRIWKH&LW\RUWKH&LW\¶VDJHQWVVHUYDQWVRU LQGHSHQGHQW

(3: $
FRQWUDFWRUVZKRDUHGLUHFWO\UHVSRQVLEOHWRWKH&LW\RUIRUGHIHFWVLQGHVLJQIXUQLVKHGE\WKRVH SHUVRQV
1R:DLYHU
)DLOXUH RI&LW\ WRLQVLVWXSRQ VWULFWSHUIRUPDQFH RI DQ\ RI WKH WHUPV DQGFRQGLWLRQV KHUHRI RU IDLOXUHRUGHOD\WRH[HUFLVHDQ\ULJKWVRUUHPHGLHVRUWRSURSHUO\QRWLI\&RQWUDFWRULQWKHHYHQWRI EUHDFKRUWKHDFFHSWDQFHRIRUSD\PHQWIRUDQ\JRRGKHUHXQGHUVKDOOQRWUHOHDVH&RQWUDFWRURI DQ\RI WKHZDUUDQWLHVRUREOLJDWLRQVRIWKLV&RQWUDFWDQGVKDOOQRWEHGHHPHGDZDLYHURIDQ\ ULJKWRI&LW\WRLQVLVWXSRQVWULFWSHUIRUPDQFHKHUHRI 1RWLFHV
$Q\QRWLFH UHTXLUHG WREHJLYHQE\ WKLV&RQWUDFWZLOOEHLQZULWLQJDQGGHHPHGHIIHFWLYHXSRQ SHUVRQDOGHOLYHU\RUEXVLQHVVGD\DIWHUEHLQJVHQWYLDUHJLVWHUHGRUFHUWLILHGPDLOUHWXUQUHFHLSW UHTXHVWHGRUE\RYHUQLJKWFRPPHUFLDOFRXULHUSURYLGLQJQH[WEXVLQHVVGD\GHOLYHU\DQGDGGUHVVHG WRWKHIROORZLQJUHVSHFWLYHSDUWLHV

&LW\ &RQWUDFWRU
&LW\RI(PHU\YLOOH
$WWQ

3DUN$YH
(PHU\YLOOH&$

(QWLUH&RQWUDFW
7KLV&RQWUDFWFRQWDLQVWKHHQWLUHDJUHHPHQWRIWKHSDUWLHVZLWKUHVSHFWWRWKHVXEMHFWPDWWHURI WKLV&RQWUDFW$Q\PRGLILFDWLRQVWRWKLV&RQWUDFWVKDOOEHLQZULWLQJ

$XWKRULW\WR&RQWUDFW
&RQWUDFWRUFRYHQDQWVDQGGHFODUHVWKDWLWKDVREWDLQHGDOOQHFHVVDU\DSSURYDOVWRELQG&RQWUDFWRU WRWKLV&RQWUDFWDQGWKDWWKHUHSUHVHQWDWLYHVLJQLQJWKH&RQWUDFWLVDXWKRUL]HGWRGRVR ,1:,71(66+(5(2)&LW\DQG&RQWUDFWRUKDYHFDXVHGWKLV&RQWUDFWWREHH[HFXWHGDV RIWKHGDWHILUVWDERYHZULWWHQ
&,7<2)(0(5<9,//(
$SSURYHGDVWR)RUP

&LW\$WWRUQH\ 3DXO%XGGHQKDJHQ&LW\0DQDJHU

(3: $
&RQWUDFWRU
)LUP1DPH

$GGUHVV

7HOHSKRQH

)D[1R

(PDLO$GGUHVV

6,*1+(5(!!! E\

LWV

&$/,)251,$
5(9 3DJHRI
(;+,%,7%
&RQWUDFW,QVXUDQFH5HTXLUHPHQWV
$VXVHGLQWKLV([KLELW%&RQWUDFWRUUHIHUVWR&203$1<&2175$&7251$0( ,1&
//3//&«

0,1,0805(48,5(0(176
&RQWUDFWRUVKDOODWLWVH[SHQVHSURFXUHDQGPDLQWDLQIRUWKHGXUDWLRQRIWKH&RQWUDFW LQVXUDQFHDJDLQVWFODLPVIRULQMXULHVWRSHUVRQVRUGDPDJHVWRSURSHUW\ZKLFKPD\DULVH IURPRULQFRQQHFWLRQZLWKWKHSHUIRUPDQFHRIWKH:RUNRU6HUYLFHVUHTXLUHGE\WKH &RQWUDFWKHUHXQGHUE\&RQWUDFWRULWVDJHQWVUHSUHVHQWDWLYHVHPSOR\HHVRU VXEFRQWUDFWRUV&RQWUDFWRUVKDOODOVRUHTXLUHDOORILWVVXEFRQWUDFWRUVWRSURFXUHDQG PDLQWDLQWKHVDPHLQVXUDQFHIRUWKHGXUDWLRQRIWKH&RQWUDFW6XFKLQVXUDQFHVKDOO PHHWDWOHDVWWKHIROORZLQJPLQLPXPOHYHOVRIFRYHUDJHDVFKHFNHGEHORZ
0LQLPXP6FRSHRI,QVXUDQFH
&RYHUDJHVKDOOEHDWOHDVWDVEURDGDVWKHODWHVWYHUVLRQRIWKHIROORZLQJ
*HQHUDO/LDELOLW\
,QVXUDQFH6HUYLFHV2IILFH&RPPHUFLDO*HQHUDO/LDELOLW\FRYHUDJH RFFXUUHQFH
IRUP&*

$XWRPRELOH/LDELOLW\
,QVXUDQFH6HUYLFHV2IILFH%XVLQHVV$XWR&RYHUDJHIRUPQXPEHU&$FRGH
DQ\DXWR
RULI&RQWUDFWRURZQVQRYHKLFOHVWKLVUHTXLUHPHQWPD\EHPHW WKURXJKDQRQRZQHGDXWRHQGRUVHPHQWWRWKH*HQHUDO/LDELOLW\3ROLF\ 3URIHVVLRQDO/LDELOLW\(UURUVDQG2PLVVLRQV
:ULWWHQRQDSROLF\IRUPVSHFLILFDOO\GHVLJQHGWRSURWHFWDJDLQVWDFWVHUURUVRU RPLVVLRQVRIWKH&RQWUDFWRUZKHUHLQ³&RYHUHG3URIHVVLRQDO6HUYLFHV´DV GHVLJQDWHGLQWKHSROLF\PXVWVSHFLILFDOO\LQFOXGH6HUYLFHVSHUIRUPHGXQGHUWKLV &RQWUDFW
:RUNHUV¶&RPSHQVDWLRQDQG(PSOR\HU¶V/LDELOLW\
:RUNHUV¶&RPSHQVDWLRQLQVXUDQFHDVUHTXLUHGE\WKH6WDWHRI&DOLIRUQLDDQG (PSOR\HU¶V/LDELOLW\,QVXUDQFH3ROLFLHVVKDOOQRWFRQWDLQH[FOXVLRQVFRQWUDU\WR WKLV&RQWUDFW
3ROOXWLRQ/LDELOLW\,QVXUDQFH
3ROOXWLRQ/LDELOLW\LQVXUDQFHIRUFODLPVDULVLQJIURPWKHGLVFKDUJHGLVSHUVDO UHOHDVHRUHVFDSHRUDQ\LUULWDQWRUFRQWDPLQDQWLQWRRUXSRQODQGDQ\VWUXFWXUH WKHDWPRVSKHUHZDWHUFRXUVHRUERG\RIZDWHULQFOXGLQJJURXQGZDWHU7KLVVKDOO A-22

&LW\RI(PHU\YLOOH_&RQWUDFW,QVXUDQFH5HTXLUHPHQWV
([KLELW%
5(9
3DJHRI
LQFOXGHRQDQGRIIVLWHFOHDQXSDQGHPHUJHQF\UHVSRQVHFRVWVDQGFODLPV DULVLQJIURPDERYHJURXQGDQGEHORZJURXQGVWRUDJHWDQNV 0LQLPXP/LPLWVRI,QVXUDQFH
&RQWUDFWRUVKDOOPDLQWDLQOLPLWVQROHVVWKDQ

*HQHUDO/LDELOLW\
$OO&RQWUDFW7\SHV
SHURFFXUUHQFHDQGDJJUHJDWHIRUERGLO\LQMXU\ SHUVRQDOLQMXU\DQGSURSHUW\GDPDJHLQFOXGLQJZLWKRXWOLPLWDWLRQEODQNHW FRQWUDFWXDOOLDELOLW\
25
&RQVWUXFWLRQ6SHFLILF
SHURFFXUUHQFHDQGDJJUHJDWHIRUERGLO\LQMXU\ SHUVRQDOLQMXU\DQGSURSHUW\GDPDJHLQFOXGLQJZLWKRXWOLPLWDWLRQEODQNHW FRQWUDFWXDOOLDELOLW\DQGFRYHUDJHIRUH[SORVLRQFROODSVHDQGXQGHUJURXQG SURSHUW\GDPDJHKD]DUGV
$XWRPRELOH/LDELOLW\
SHUDFFLGHQWIRUERGLO\LQMXU\DQGSURSHUW\GDPDJH 3URIHVVLRQDO/LDELOLW\(UURUVDQG2PLVVLRQV
SHUFODLPDQGDJJUHJDWH
:RUNHUV¶&RPSHQVDWLRQDQG(PSOR\HU¶V/LDELOLW\
:RUNHUV¶FRPSHQVDWLRQOLPLWVDVUHTXLUHGE\WKH/DERU&RGHRIWKH6WDWHRI &DOLIRUQLD(PSOR\HU¶V/LDELOLW\OLPLWVRIHDFKDFFLGHQWSROLF\OLPLW ERGLO\LQMXU\RUGLVHDVHDQGHDFKHPSOR\HHERGLO\LQMXU\RUGLVHDVH 3ROOXWLRQ/LDELOLW\,QVXUDQFH
SHURFFXUUHQFHDQGDJJUHJDWH ([FHSWIRUWKHSURIHVVLRQDOOLDELOLW\HUURUVDQGRPLVVLRQVSROLF\GHIHQVHFRVWVVKDOOEH DYDLODEOHLQDGGLWLRQWRWKHOLPLWV1RWZLWKVWDQGLQJWKHPLQLPXPOLPLWVVSHFLILHGKHUHLQ DQ\DYDLODEOHFRYHUDJHVKDOOEHSURYLGHGWRWKH3DUWLHVUHTXLUHGWREHQDPHGDV DGGLWLRQDOLQVXUHGVSXUVXDQWWRWKLV&RQWUDFW
,1685$1&((1'256(0(176
7KHLQVXUDQFHSROLFLHVVKDOOFRQWDLQWKHIROORZLQJSURYLVLRQVLIFKHFNHGRU&RQWUDFWRU VKDOOSURYLGHHQGRUVHPHQWV

DPHQGPHQWV
RQIRUPVVXSSOLHGRUDSSURYHGE\WKH&LW\WR
DGGWKHIROORZLQJSURYLVLRQVLIFKHFNHGWRWKHLQVXUDQFHSROLFLHV
A-23

&LW\RI(PHU\YLOOH_&RQWUDFW,QVXUDQFH5HTXLUHPHQWV
([KLELW%
5(9
3DJHRI
*HQHUDO/LDELOLW\

6XFKSROLF\VKDOOSURYLGHWKH&LW\LWVRIILFLDOVHPSOR\HHVDJHQWVDQG DXWKRUL]HGYROXQWHHUVDGGLWLRQDOLQVXUHGVWDWXVXVLQJ,62HQGRUVHPHQWV&* RU&*RUHQGRUVHPHQWVSURYLGLQJWKHH[DFWVDPHFRYHUDJHZLWK UHVSHFWWRWKHZRUNRURSHUDWLRQVSHUIRUPHGE\RURQEHKDOIRI&RQWUDFWRU LQFOXGLQJPDWHULDOVSDUWVRUHTXLSPHQWIXUQLVKHGLQFRQQHFWLRQZLWKVXFKZRUN

DOOSROLFLHVVKDOOZDLYHRUVKDOOSHUPLW&RQWUDFWRUWRZDLYHDOOULJKWVRI VXEURJDWLRQZKLFKPD\EHREWDLQHGE\WKH&RQWUDFWRURUDQ\LQVXUHUE\YLUWXHRI SD\PHQWRIDQ\ORVVRUDQ\FRYHUDJHSURYLGHGWRDQ\SHUVRQQDPHGDVDQ DGGLWLRQDOLQVXUHGSXUVXDQWWRWKLV&RQWUDFWDQG&RQWUDFWRUDJUHHVWRZDLYHDOO VXFKULJKWVRIVXEURJDWLRQ

WKHLQVXUDQFHFRYHUDJHVKDOOEHSULPDU\LQVXUDQFH
DVUHVSHFWVWKH&LW\LWVRIILFLDOVHPSOR\HHVDJHQWVDQGDXWKRUL]HGYROXQWHHUV RULIH[FHVVVKDOOVWDQGLQDQXQEURNHQFKDLQRIFRYHUDJHH[FHVVRI&RQWUDFWRU¶V VFKHGXOHGXQGHUO\LQJFRYHUDJH$Q\LQVXUDQFHRUVHOILQVXUDQFHPDLQWDLQHGE\ WKH&LW\LWVRIILFLDOVHPSOR\HHVDJHQWVDQGDXWKRUL]HGYROXQWHHUVVKDOOEH H[FHVVRI&RQWUDFWRU¶VLQVXUDQFHDQGVKDOOQRWEHFDOOHGXSRQWRFRQWULEXWHZLWK LW
DQG

WKHLQVXUDQFHFRYHUDJHVKDOOFRQWDLQVWDQGDUGVHSDUDWLRQRILQVXUHGV SURYLVLRQV
$XWRPRELOH/LDELOLW\

6XFKSROLF\VKDOOSURYLGHWKH&LW\LWVRIILFLDOVHPSOR\HHVDJHQWVDQG DXWKRUL]HGYROXQWHHUVDGGLWLRQDOLQVXUHGVWDWXVZLWKUHVSHFWWRWKHRZQHUVKLS RSHUDWLRQPDLQWHQDQFHXVHORDGLQJRUXQORDGLQJRIDQ\DXWRRZQHGOHDVHG KLUHGRUERUURZHGE\&RQWUDFWRURUIRUZKLFK&RQWUDFWRULVUHVSRQVLEOH

DOO
SROLFLHVVKDOOZDLYHRUVKDOOSHUPLW&RQWUDFWRUWRZDLYHDOOULJKWVRIVXEURJDWLRQ ZKLFKPD\EHREWDLQHGE\WKH&RQWUDFWRURUDQ\LQVXUHUE\YLUWXHRISD\PHQWRI DQ\ORVVRUDQ\FRYHUDJHSURYLGHGWRDQ\SHUVRQQDPHGDVDQDGGLWLRQDOLQVXUHG SXUVXDQWWRWKLV&RQWUDFWDQG&RQWUDFWRUDJUHHVWRZDLYHDOOVXFKULJKWVRI

VXEURJDWLRQ
DQG

WKHLQVXUDQFHFRYHUDJHVKDOOEHSULPDU\LQVXUDQFHDV
UHVSHFWVWKH&LW\LWVRIILFLDOVHPSOR\HHVDJHQWVDQGDXWKRUL]HGYROXQWHHUVRULI H[FHVVVKDOOVWDQGLQDQXQEURNHQFKDLQRIFRYHUDJHH[FHVVRI&RQWUDFWRU¶V VFKHGXOHGXQGHUO\LQJFRYHUDJH$Q\LQVXUDQFHRUVHOILQVXUDQFHPDLQWDLQHGE\ WKH&LW\LWVRIILFLDOVHPSOR\HHVDJHQWVDQGDXWKRUL]HGYROXQWHHUVVKDOOEH H[FHVVRI&RQWUDFWRU¶VLQVXUDQFHDQGVKDOOQRWEHFDOOHGXSRQWRFRQWULEXWHZLWKLW LQDQ\ZD\
3URIHVVLRQDO/LDELOLW\&RYHUDJH
$Q\SROLF\LQFHSWLRQGDWHFRQWLQXLW\GDWHRUUHWURDFWLYHGDWHPXVWEHEHIRUHWKH HIIHFWLYHGDWHRIWKLV&RQWUDFWDQG&RQWUDFWRUDJUHHVWRPDLQWDLQFRQWLQXRXV FRYHUDJHWKURXJKDSHULRGQROHVVWKDQWKUHH\HDUVDIWHUWHUPLQDWLRQRIWKH &RQWUDFW
A-24

&LW\RI(PHU\YLOOH_&RQWUDFW,QVXUDQFH5HTXLUHPHQWV
([KLELW%
5(9
3DJHRI
:RUNHUV¶&RPSHQVDWLRQDQG(PSOR\HU¶V/LDELOLW\&RYHUDJH 7KHLQVXUHUVKDOODJUHHWRZDLYHDOOULJKWVRIVXEURJDWLRQDJDLQVWWKH&LW\LWV RIILFLDOVHPSOR\HHVDJHQWVDQGDXWKRUL]HGYROXQWHHUVIRUORVVHVSDLGXQGHUWKH WHUPVRIWKHLQVXUDQFHSROLF\ZKLFKDULVHIURPZRUNSHUIRUPHGE\&RQWUDFWRU 3ROOXWLRQ/LDELOLW\&RYHUDJH

6XFKSROLF\VKDOOJLYHWKH&LW\LWVRIILFLDOVHPSOR\HHVDJHQWVDQGDXWKRUL]HG YROXQWHHUVDGGLWLRQDOLQVXUHGVWDWXVZLWKUHVSHFWWRFODLPVDULVLQJIURPWKH GLVFKDUJHGLVSHUVDOUHOHDVHRUHVFDSHRUDQ\LUULWDQWRUFRQWDPLQDQWLQWRRUXSRQ ODQGDQ\VWUXFWXUHWKHDWPRVSKHUHZDWHUFRXUVHRUERG\RIZDWHULQFOXGLQJ

JURXQGZDWHU

DOOSROLFLHVVKDOOZDLYHRUVKDOOSHUPLW&RQWUDFWRUWRZDLYHDOO ULJKWVRIVXEURJDWLRQZKLFKPD\EHREWDLQHGE\WKH&RQWUDFWRURUDQ\LQVXUHUE\ YLUWXHRISD\PHQWRIDQ\ORVVRUDQ\FRYHUDJHSURYLGHGWRDQ\SHUVRQQDPHGDV DQDGGLWLRQDOLQVXUHGSXUVXDQWWRWKLV&RQWUDFWDQG&RQWUDFWRUDJUHHVWRZDLYH DOOVXFKULJKWVRIVXEURJDWLRQ
DQG

WKHLQVXUDQFHFRYHUDJHVKDOOEHSULPDU\
LQVXUDQFHDVUHVSHFWVWKH&LW\LWVRIILFLDOVHPSOR\HHVDJHQWVDQGDXWKRUL]HG YROXQWHHUVRULIH[FHVVVKDOOVWDQGLQDQXQEURNHQFKDLQRIFRYHUDJHH[FHVVRI &RQWUDFWRU¶VVFKHGXOHGXQGHUO\LQJFRYHUDJH$Q\LQVXUDQFHRUVHOILQVXUDQFH PDLQWDLQHGE\WKH&LW\LWVRIILFLDOVHPSOR\HHVDJHQWVDQGDXWKRUL]HGYROXQWHHUV VKDOOEHH[FHVVRI&RQWUDFWRU¶VLQVXUDQFHDQGVKDOOQRWEHFDOOHGXSRQWR FRQWULEXWHZLWKLWLQDQ\ZD\
$//&29(5$*(6
(DFKLQVXUDQFHSROLF\UHTXLUHGE\WKLV&RQWUDFWVKDOOEHHQGRUVHGWRVWDWHWKDW

FRYHUDJHVKDOOQRWEHVXVSHQGHGYRLGHGUHGXFHGRUFDQFHOHGH[FHSWDIWHUWKLUW\

GD\VSULRUZULWWHQQRWLFHE\FHUWLILHGPDLOUHWXUQUHFHLSWUHTXHVWHGKDVEHHQJLYHQWR WKH&LW\
DQG

DQ\IDLOXUHWRFRPSO\ZLWKUHSRUWLQJRURWKHUSURYLVLRQVRIWKHSROLFLHV LQFOXGLQJEUHDFKHVRIZDUUDQWLHVVKDOOQRWDIIHFWFRYHUDJHSURYLGHGWRWKH&LW\LWV RIILFLDOVHPSOR\HHVDJHQWVDQGDXWKRUL]HGYROXQWHHUV 1263(&,$//,0,7$7,216
7KHUHTXLUHGLQVXUDQFHVKDOOQRWFRQWDLQDQ\VSHFLDOOLPLWDWLRQVRQWKHVFRSHRI SURWHFWLRQDIIRUGHGWRWKH&LW\LWVRIILFLDOVHPSOR\HHVDJHQWVDQGDXWKRUL]HG YROXQWHHUV
'('8&7,%/(6$1'6(/),1685$1&(5(7(17,216
$Q\GHGXFWLEOHVRUVHOILQVXUHGUHWHQWLRQVPXVWEHGHFODUHGWRDQGDSSURYHGE\WKH &LW\&RQWUDFWRUVKDOOJXDUDQWHHWKDWDWWKHRSWLRQRIWKH&LW\HLWKHU

WKHLQVXUHU
VKDOOUHGXFHRUHOLPLQDWHVXFKGHGXFWLEOHVRUVHOILQVXUHGUHWHQWLRQVDVUHVSHFWVWKH &LW\LWVRIILFLDOVHPSOR\HHVDJHQWVDQGDXWKRUL]HGYROXQWHHUV RU

WKH&RQWUDFWRU
VKDOOSURFXUHDERQGRURWKHUILQDQFLDOJXDUDQWHHDFFHSWDEOHWRWKH&LW\JXDUDQWHHLQJ SD\PHQWRIORVVHVDQGUHODWHGLQYHVWLJDWLRQFRVWVFODLPVDQGDGPLQLVWUDWLYHDQG GHIHQVHH[SHQVHV
A-25

&LW\RI(PHU\YLOOH_&RQWUDFW,QVXUDQFH5HTXLUHPHQWV
([KLELW%
5(9
3DJHRI
$&&(37$%,/,7<2),1685(56
,QVXUDQFHLVWREHSODFHGZLWKLQVXUHUVZLWKDFXUUHQW$0%HVW¶VUDWLQJQROHVVWKDQ $
9,,OLFHQVHGWRGREXVLQHVVLQ&DOLIRUQLDDQGVDWLVIDFWRU\WRWKH&LW\([FHSWLRQPD\ EHPDGHIRUWKH6WDWH&RPSHQVDWLRQ,QVXUDQFH)XQGZKHQQRWVSHFLILFDOO\UDWHG 9(5,),&$7,212)&29(5$*(
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
$OOVXEFRQWUDFWRUVVKDOOPHHWWKHUHTXLUHPHQWVRIWKLV6HFWLRQEHIRUHFRPPHQFLQJDQ\ ZRUN&RQWUDFWRUVKDOOIXUQLVKVHSDUDWHFHUWLILFDWHVDQGHQGRUVHPHQWVIRUHDFK VXEFRQWUDFWRU6XEFRQWUDFWRUSROLFLHVRI*HQHUDO/LDELOLW\LQVXUDQFHVKDOOQDPHWKH&LW\ LWVRIILFLDOVHPSOR\HHVDJHQWVDQGDXWKRUL]HGYROXQWHHUVDVDGGLWLRQDOLQVXUHGVXVLQJ IRUP,62RUHQGRUVHPHQWVSURYLGLQJWKHH[DFWVDPHFRYHUDJH$OO FRYHUDJHVIRUVXEFRQWUDFWRUVVKDOOEHVXEMHFWWRDOORIWKHUHTXLUHPHQWVVWDWHGKHUHLQ H[FHSWDVRWKHUZLVHDJUHHGWRE\WKH&LW\LQZULWLQJ
5(3257,1*2)&/$,06
&RQWUDFWRUVKDOOUHSRUWWRWKH&LW\LQDGGLWLRQWR&RQWUDFWRU¶VLQVXUHUDQ\DQGDOO LQVXUDQFHFODLPVVXEPLWWHGE\&RQWUDFWRULQFRQQHFWLRQZLWKWKHZRUNSHUIRUPHGXQGHU WKLV&RQWUDFW
$WWDFK

,QVXUDQFH&HUWLILFDWHDQG(QGRUVHPHQWV
A-26

(3: $
3(5)250$1&(%21'
.12:$//3(56216%<7+(6(35(6(176WKDW
:+(5($6 WKH &LW\ RI (PHU\YLOOH D PXQLFLSDO FRUSRUDWLRQ ORFDWHG LQ $ODPHGD &RXQW\ 6WDWHRI&DOLIRUQLD
KHUHLQDIWHUUHIHUUHGWRDV&LW\
KDVHQWHUHGLQWRD&RQWUDFWZLWK

KHUHLQDIWHUUHIHUUHGWRDV3ULQFLSDO
WRFRQVWUXFWWKH6DQLWDU\6HZHU
6SRW5HSDLU3URMHFW)<3URMHFW1R(3:&,31R66 DQG
:+(5($6WKH3ULQFLSDOLVUHTXLUHGXQGHUWKHWHUPVRIWKH&RQWUDFWWRIXUQLVKDERQGIRU WKHIDLWKIXOSHUIRUPDQFHRIVDLG&RQWUDFW
12:7+(5()25(ZHWKH3ULQFLSDODQG
DV6XUHW\DUHKHOGDQGILUPO\ERXQGXQWRWKH&LW\LQWKHSHQDOVXPRI

ODZIXOPRQH\RIWKH8QLWHG6WDWHVRI$PHULFDEHLQJQRWOHVVWKDQRQHKXQGUHG SHUFHQW

RIWKH&RQWUDFW$PRXQWWREHSDLGWRWKH&LW\RULWVVXFFHVVRUVDQGDVVLJQV IRU
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¶VSDUWWREHNHSWDQG SHUIRUPHGDWWKHWLPHDQGLQWKHPDQQHUWKHUHLQVSHFLILHGDQGLQDOOUHVSHFWVDFFRUGLQJWRWKHLU WUXHLQWHQWDQGPHDQLQJDQGVKDOOLQGHPQLI\DQGVDYHKDUPOHVVWKH&LW\LWVRIILFHUVHPSOR\HHV DQGDJHQWVDV WKHUHLQVWLSXODWHG WKHQ WKLVREOLJDWLRQVKDOOEHFRPHQXOODQGYRLG RWKHUZLVHLW
VKDOOEHDQGUHPDLQLQIXOOIRUFHDQGHIIHFW
)857+(5025( 7+( &21',7,21 2) 7+,6 2%/,*$7,21 ,6 68&+ WKDW XSRQ )LQDO &RPSOHWLRQ RI WKH &RQWUDFW WKH DERYH REOLJDWLRQ VKDOO EH UHGXFHG WR WKH DPRXQW RI BBBBBBBBBBBBBBBBBBBBBB'ROODUV

EHLQJQRWOHVVWKDQWZHQW\SHUFHQW

RIWKH&RQWUDFW$PRXQWDQGVKDOOKROGIRUDSHULRGRIWZR
\HDUVGXULQJZKLFKWLPHLI
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¶VHOHFWLRQ

(3: $
8QGHUWDNHWKURXJKLWVDJHQWVRULQGHSHQGHQW&RQWUDFWRUVUHDVRQDEO\DFFHSWDEOH WRWKH&LW\WRFRPSOHWHWKH&RQWUDFWLQDFFRUGDQFHZLWKLWVWHUPVDQGFRQGLWLRQVDQGWR SD\ DQG SHUIRUP DOO REOLJDWLRQV RI 3ULQFLSDO XQGHU WKH &RQWUDFW LQFOXGLQJ ZLWKRXW OLPLWDWLRQ DOO REOLJDWLRQV ZLWKUHVSHFW WR ZDUUDQWLHV JXDUDQWHHV DQG WKH SD\PHQW RI OLTXLGDWHGGDPDJHV
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
ZDLYHQRWLFHRIDQ\VXFKFKDQJHH[WHQVLRQRI WLPHDOWHUDWLRQRUDGGLWLRQ WR WKH WHUPVRI WKH &RQWUDFWRUWRWKH:RUNRUWRWKH&RQWUDFW'RFXPHQWV 7KH6XUHW\¶VREOLJDWLRQVKHUHXQGHUDUHLQGHSHQGHQWRIWKHREOLJDWLRQVRIDQ\RWKHUVXUHW\ IRUWKHSHUIRUPDQFHRIWKH&RQWUDFWDQGVXLWPD\EHEURXJKWDJDLQVWWKH6XUHW\DQGVXFKRWKHU VXUHWLHVMRLQWO\DQGVHYHUDOO\RUDJDLQVWDQ\RQHRUPRUHRIWKHPRUDJDLQVWOHVV WKDQDOORI WKHPZLWKRXWLPSDLULQJWKH&LW\¶VULJKWVDJDLQVWWKHRWKHUV 1RULJKWRIDFWLRQVKDOODFFUXHRQWKLVERQGWRRUIRUWKHXVHRIDQ\SHUVRQRUFRUSRUDWLRQ RWKHUWKDQWKH&LW\RULWVVXFFHVVRUVRUDVVLJQV
,QWKHHYHQWWKH&LW\RULWVVXFFHVVRUVRUDVVLJQVVKDOOEHWKHSUHYDLOLQJSDUW\LQDQDFWLRQ EURXJKWXSRQWKLVERQGWKHQLQDGGLWLRQWRWKHSHQDOVXPKHUHLQDERYHVSHFLILHG3ULQFLSDODQG WKH6XUHW\MRLQWO\DQGVHYHUDOO\DJUHHWRSD\WRWKH&LW\RULWVVXFFHVVRUVRUDVVLJQVDUHDVRQDEOH VXPRQDFFRXQWRILWVDWWRUQH\¶V IHHVLQFXUUHGLQVXFKDFWLRQZKLFKVXPVKDOOEH IL[HGE\ WKH FRXUW
,1:,71(66:+(5(2) WKHDERYHERXQGSDUWLHVKDYHH[HFXWHG WKLVLQVWUXPHQWXQGHU WKHLUVHDOVWKLV GD\RI BBBB WKH QDPH DQG FRUSRUDWH VHDO RI HDFK FRUSRUDWH SDUW\ EHLQJ KHUHWR DIIL[HG DQG WKHVH SUHVHQWV GXO\ VLJQHG E\ LWV XQGHUVLJQHG UHSUHVHQWDWLYHSXUVXDQWWRDXWKRULW\RILWVJRYHUQLQJERG\ 3ULQFLSDO
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 1DPH
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 7LWOH
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 6LJQDWXUH

6($/

(3: $

6XUHW\
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 1DPH
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 7LWOH
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 6LJQDWXUH

6($/

1RWH
7REHFRQVLGHUHGFRPSOHWHERWKWKH3ULQFLSDODQGDQDGPLWWHG6XUHW\,QVXUHUDXWKRUL]HGE\WKH &DOLIRUQLD,QVXUDQFH&RPPLVVLRQHUWRWUDQVDFWVXUHW\EXVLQHVVLQWKH6WDWHRI&DOLIRUQLDPXVWVLJQWKH 3HUIRUPDQFH%RQG,QDGGLWLRQWKH6XUHW\¶VVLJQDWXUHPXVWEHQRWDUL]HGDQGDFRS\RIWKH6XUHW\¶V 3RZHURI$WWRUQH\

(3: $
3$<0(17%21'
.12:$//3(56216%<7+(6(35(6(176WKDW
:+(5($6 WKH &LW\ RI (PHU\YLOOH D PXQLFLSDO FRUSRUDWLRQ ORFDWHG LQ $ODPHGD &RXQW\ 6WDWHRI&DOLIRUQLD
KHUHLQDIWHU&LW\
KDVDZDUGHGDFRQWUDFWWR

KHUHLQDIWHU 3ULQFLSDO
WR FRQVWUXFW WKH
6DQLWDU\6HZHU6SRW5HSDLU3URMHFW)<3URMHFW1R(3:&,31R66 DQG
:+(5($6 WKH 3ULQFLSDO LV UHTXLUHG WR IXUQLVK D ERQG LQ FRQQHFWLRQZLWK WKH &RQWUDFW SURYLGLQJWKDWLI3ULQFLSDORUDQ\RILWRULWVVXEFRQWUDFWRUVVKDOO IDLO WRSD\ IRUDQ\PDWHULDOV SURYLVLRQVRURWKHUVXSSOLHVRUWHDPVXVHGLQXSRQIRURUDERXWWKHSHUIRUPDQFHRIWKH:RUN FRQWUDFWHGWREHGRQHIRUDQ\ZRUNRUODERUWKHUHRQRIDQ\NLQGRUFODLPVWRZKLFKUHIHUHQFHLV PDGHLQ6HFWLRQ
RIWKH&LYLO&RGHWKH6XUHW\RIWKLVERQGZLOOSD\WKHVDPHWRWKHH[WHQW KHUHLQDIWHUVHWIRUWK
12:7+(5()25(ZHWKHXQGHUVLJQHG3ULQFLSDODQG DV6XUHW\DUHKHOGDQGILUPO\ERXQGXQWRWKH&LW\LQWKHSHQDOVXPRI 'ROODUV

ODZIXOPRQH\RIWKH
8QLWHG 6WDWHV RI $PHULFD EHLQJ QRW OHVV WKDQ RQH KXQGUHG SHUFHQW
RI WKH &RQWUDFW
$PRXQWIRUWKHSD\PHQWRIZKLFKVXPZHOODQGWUXO\WREHPDGHZHELQGRXUVHOYHVRXUKHLUV H[HFXWRUVDGPLQLVWUDWRUVDQGVXFFHVVRUVMRLQWO\DQGVHYHUDOO\ILUPO\E\WKHVHSUHVHQWV 7+( &21',7,21 2) 7+,6 2%/,*$7,21 ,6 68&+ WKDW LI VDLG 3ULQFLSDO RU LWV KHLUV H[HFXWRUV DGPLQLVWUDWRUV VXFFHVVRUV WUDQVIHUHHV DVVLJQV RUVXEFRQWUDFWRUV VKDOO IDLO WRSD\ DQ\ RI WKH SHUVRQV QDPHG LQ 6HFWLRQ
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
FRXUW
7KLVERQGVKDOOLQXUHWRWKHEHQHILWRIDQ\DQGDOOSHUVRQVQDPHGLQ6HFWLRQ RIWKH
&LYLO&RGHVRDVWRJLYHDULJKWRIDFWLRQWRWKHPRUWKHLUDVVLJQVLQDQ\VXLWEURXJKWXSRQWKLV ERQG
7KLVERQGLVJLYHQWRFRPSO\ZLWK6HFWLRQV
DQG
RIWKH&LYLO&RGH7KHOLDELOLW\
RI WKH35,1&,3$/DQG685(7<KHUHXQGHULVJRYHUQHGE\ WKHSURYLVLRQVRIVDLG&RGHDOODFWV DPHQGDWRU\WKHUHRIDQGDOORWKHUVWDWXWHVUHIHUUHGWRWKHUHLQLQFOXGLQJ6HFWLRQRIWKH&LYLO &RGH
$QG WKH VDLG 6XUHW\ IRU YDOXHUHFHLYHG KHUHE\ VWLSXODWHV DQG DJUHHV WKDW QR FKDQJH H[WHQVLRQ RI WLPH DOWHUDWLRQ RU DGGLWLRQ WR WKH WHUPV RI WKH &RQWUDFW RU WR WKH ZRUN WR EH SHUIRUPHGWKHUHXQGHURUWKH6SHFLILFDWLRQVDFFRPSDQ\LQJWKHVDPHVKDOOLQDQ\ZD\DIIHFWLWV REOLJDWLRQVRQWKLVERQG
DQGLWGRHVKHUHE\ZDLYHQRWLFHRIDQ\VXFKFKDQJHH[WHQVLRQRIWLPH DOWHUDWLRQRUDGGLWLRQWRWKHWHUPVRIWKH&RQWUDFWRUWRWKH:RUNRUWRWKH&RQWUDFW'RFXPHQWV ,1:,71(66:+(5(2)WKHDERYHERXQGHGSDUWLHVKDYHH[HFXWHGWKLVLQVWUXPHQWXQGHU WKHLUVHDOVWKLVGD\RI WKHQDPHDQGFRUSRUDWHVHDORI

(3: $
HDFK FRUSRUDWH SDUW\ EHLQJ KHUHWR DIIL[HG DQG WKHVH SUHVHQWV GXO\ VLJQHG E\ LWV XQGHUVLJQHG UHSUHVHQWDWLYHSXUVXDQWWRDXWKRULW\RILWVJRYHUQLQJERG\ 3ULQFLSDO

1DPH

7LWOH

6LJQDWXUH

6($/

6XUHW\

1DPH

7LWOH

6LJQDWXUH

6($/

1RWH

7REHFRQVLGHUHGFRPSOHWHERWKWKH3ULQFLSDODQGDQDGPLWWHG6XUHW\,QVXUHUDXWKRUL]HGE\WKH &DOLIRUQLD,QVXUDQFH&RPPLVVLRQHUWRWUDQVDFWVXUHW\EXVLQHVVLQWKH6WDWHRI&DOLIRUQLDPXVWVLJQ WKH 3D\PHQW %RQG ,Q DGGLWLRQ WKH 6XUHW\¶V VLJQDWXUHPXVW EHQRWDUL]HG DQG D FRS\ RI WKH 6XUHW\¶V3RZHURI$WWRUQH\PXVWEHDWWDFKHG

(3: $
*8$5$17((
727+(&,7<2)(0(5<9,//(IRUFRQVWUXFWLRQRIWKHIROORZLQJ3URMHFW
6DQLWDU\6HZHU6SRW5HSDLU3URMHFW)<
3URMHFW1R(3:&,31R66
%\ VLJQLQJ EHORZ &RQWUDFWRU KHUHE\ ZDUUDQWV DQG JXDUDQWLHV WR&LW\ RI (PHU\YLOOH DOO &LW\

FRQVWUXFWLRQSHUIRUPHGRQWKLV3URMHFWLQFOXGLQJDOOPDWHULDODQGHTXLSPHQWLQFRUSRUDWHGWKHUHLQ DVVHWIRUWKEHORZ

3XUVXDQWWRWKLV*XDUDQWHH&RQWUDFWRUDJUHHVWRXQFRQGLWLRQDOO\JXDUDQWHH WKHTXDOLW\DQG
DGHTXDF\RIDOORIZRUNSURYLGHGRQWKH3URMHFWLQFOXGLQJZLWKRXWOLPLWDWLRQDOOODERUPDWHULDOV ZRUNPDQVKLS PHWKRGV RI LQVWDOODWLRQ DQG HTXLSPHQW SURYLGHG E\ &RQWUDFWRU DQGRU LWV 6XEFRQWUDFWRUV
RIDOOWLHUV
LQFRQQHFWLRQZLWKWKH:RUNXQGHUQRUPDODSSOLFDWLRQLQVWDOODWLRQ DQGXVHDQGVHUYLFHFRQGLWLRQV
FROOHFWLYHO\:RUN

DQG
WKDWWKHZRUNLVILWIRUWKHSXUSRVHV
LQWHQGHG7KH*XDUDQWHHSURYLGHGKHUHXQGHUVKDOOEHFRPHHIIHFWLYHRQWKHGDWHRI6XEVWDQWLDO &RPSOHWLRQ
RUZKHUHDSSOLFDEOHWKH*XDUDQWHHVKDOOEHFRPHHIIHFWLYHRQWKHILUVWGD\IROORZLQJ 6XEVWDQWLDO&RPSOHWLRQRIDVSHFLILFDOO\GHILQHGSKDVHRIWKH3URMHFW RURQVXFKRWKHUGDWHDV
PD\EHVSHFLILHGHOVHZKHUHLQWKH&RQWUDFW'RFXPHQWV
DQGRQFHHIIHFWLYHWKH*XDUDQWHHVKDOO
UHPDLQRSHUDWLYHDQGVKDOOELQG&RQWUDFWRUDV IXUWKHUGHVFULEHGKHUHLQ IRUDSHULRGRIWZR

\HDUVRUVXFKORQJHUSHULRGRIWLPHDVPD\EHSUHVFULEHGE\ODZVRUUHJXODWLRQVRUE\WKHWHUPV RI&RQWUDFW'RFXPHQWV
:DUUDQW\3HULRG

7KLV *XDUDQWHH LV LQ DGGLWLRQ WR DQ\ ZDUUDQWLHV RU JXDUDQWHHV UHTXLUHG RU SURYLGHG E\ WKH PDQXIDFWXUHU RU VXSSOLHU RU RWKHUZLVH SURYLGHG DW ODZ ZLWK UHVSHFW WR &RQWUDFWRU¶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¶VZULWWHQLQVWUXFWLRQVFRUUHFWVXFK GHIHFWLYH:RUN,I&LW\HOHFWVWRSHUIRUPWKHUHSDLUVRUUHSODFHPHQWV&RQWUDFWRUDJUHHVWRSD\ IRU DOO FODLPV FRVWV ORVVHV DQG GDPDJHV FDXVHG E\ RU UHVXOWLQJ IURP VXFK UHPRYDO DQG UHSODFHPHQWE\&LW\:KLOHFDUU\LQJRXWFRUUHFWLRQRUUHPRYDODQGUHSODFHPHQWRIGHIHFWLYHRU QRQFRQIRUPLQJ:RUNWKH&RQWUDFWRUPXVWSURYLGHWKHVDPHLQVXUDQFHVSHFLILHGEHIRUH&RQWUDFW DFFHSWDQFH1RQFRQIRUPLQJ:RUNWKDWLVUHPHGLHGSXUVXDQWWRWKLV:DUUDQW\VKDOOEHVXEMHFWWR

(3: $
DQH[WHQGHGZDUUDQW\REOLJDWLRQIRUWKHSHULRGRIWZR

\HDUVDIWHUWKHDFFHSWDQFHRIWKHUHSDLUV
WRWKHQRQFRQIRUPLQJZRUN
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¶VGXWLHVREOLJDWLRQVDQGSHUIRUPDQFHXQGHU WKH&RQWUDFW'RFXPHQWVDQGLVLQDGGLWLRQWRDQ\ZDUUDQWLHVRUJXDUDQWHHVUHTXLUHGRUSURYLGHG E\PDQXIDFWXUHUVRUVXSSOLHUV,QWKHHYHQWRIDQ\FRQIOLFWRULQFRQVLVWHQF\EHWZHHQWKHWHUPV RIWKLV*XDUDQWHHDQGDQ\REOLJDWLRQRIWKH&RQWUDFWRUXQGHUWKH&RQWUDFW'RFXPHQWVRUDWODZ VXFKLQFRQVLVWHQF\RUFRQIOLFWVKDOOEH UHVROYHGLQ IDYRURI WKHKLJKHUOHYHORIREOLJDWLRQRI WKH &RQWUDFWRU
,IWKH&RQWUDFWRUIDLOVRUUHIXVHVWRFRPSO\ZLWKLWVREOLJDWLRQVXQGHUWKLV*XDUDQWHH&LW\VKDOO EHHQWLWOHGWRDOOFRVWVDQGH[SHQVHVLQFOXGLQJDWWRUQH\V IHHVUHDVRQDEO\LQFXUUHGE\UHDVRQRI
WKHVDLGIDLOXUHRUUHIXVDO
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBB &RQWUDFWRU 'DWH
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
&RQWUDFWRU
V1DPH
SULQW

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
$GGUHVV
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
&LW\6WDWH=LS
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
3KRQH
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
)D[1R

(1'2)'2&80(17

%
3$57%
*(1(5$/3529,6,216
)25
6DQLWDU\6HZHU6SRW5HSDLU3URMHFW)<
3URMHFW1R(3:
&,31R66

%

&,7<2)(0(5<9,//(
'(3$570(172)38%/,&:25.6
67$1'$5'63(&,),&$7,216
$8*867
7KHVH6WDQGDUG6SHFLILFDWLRQVDUHWREHXVHGLQFRQMXQFWLRQZLWKWKH6WDWHRI&DOLIRUQLD'HSDUWPHQWRI 7UDQVSRUWDWLRQ6WDQGDUG6SHFLILFDWLRQVDQG6WDQGDUG3ODQVGDWHG,QDEVHQFHRIUHYLVLRQE\WKHVH 6WDQGDUG 6SHFLILFDWLRQV FRPSO\ ZLWK WKH 6WDWH RI &DOLIRUQLD'HSDUWPHQW RI 7UDQVSRUWDWLRQ 6WDQGDUG 6SHFLILFDWLRQVGDWHG
',9,6,21,*(1(5$/3529,6,216
*(1(5$/
7KH%LGGHU
VDWWHQWLRQLVGLUHFWHGWRWKHSURYLVLRQVLQ'LYLVLRQ,6HFWLRQ*HQHUDORIWKH&DOWUDQV 6WDQGDUG 6SHFLILFDWLRQV DV PRGLILHG E\ WKHVH VSHFLDO SURYLVLRQV DV VHW IRUWK EHORZ IRU WKH UHTXLUHPHQWVDQGFRQGLWLRQVZKLFKKHVKHPXVWREVHUYHLQWKHSUHSDUDWLRQRIWKHSURSRVDOIRUPDQG WKHVXEPLVVLRQRIWKHELG
5HSODFH 'HOHWH RU $GG WR 'LYLVLRQ , 6HFWLRQ *HQHUDO RI WKH &DOWUDQV 6WDQGDUG 6SHFLILFDWLRQVDVIROORZV

6(&7,21*(1(5$/
$GGWRVWSDUDJUDSKLQ6HFWLRQ*HQHUDODVIROORZV
:KHQFRXQWLQJSDUDJUDSKVLQGLYLGXDOO\QXPEHUHGLWHPVDQGWDEOHVDUHSDUWRIWKHSUHFHGLQJSDUDJUDSK 5HSODFHWKHWKSDUDJUDSKRI6HFWLRQ*HQHUDOZLWKWKHIROORZLQJ
7KH(QJLQHHUZLOOQXPEHUELGLWHPVFRQVHFXWLYHO\DQGXQLTXHO\IRUHDFKFRQWUDFW 'HOHWHLWHP$VVLJQPHQWVLQWKHOLVWLQWKHWKSDUDJUDSKRI6HFWLRQ*HQHUDO 6(&7,215()(5(1&(6
5HSODFHILUVWVHQWHQFHRIWKHWKSDUDJUDSKRI6HFWLRQ5HIHUHQFHVZLWKWKHIROORZLQJ
:KHUHDVHFWLRQQXPEHULVUHIHUHQFHGZLWKRXWDUHIHUHQFHWRDGRFXPHQWWKHUHIHUHQFHLVWRDVHFWLRQ RIWKH6WDQGDUG6SHFLILFDWLRQVDVUHYLVHGE\WKH&LW\6WDQGDUG6SHFLILFDWLRQVDQG6SHFLDO3URYLVLRQV 6(&7,21'(),1,7,216
6(&7,21%*/266$5<
$GGWR6HFWLRQ%*ORVVDU\DQGZKHUHDJORVVDU\WHUPGHILQLWLRQDOUHDG\H[LVWVLQWKH 6WDQGDUG6SHFLILFDWLRQVUHSODFHVDLGWHUPDVIROORZV
$UFKLWHFW
7KH(QJLQHHUDVGHILQHGLQWKLVVHFWLRQ
&LW\
&LW\RI(PHU\YLOOH

%
'HSDUWPHQWRU'HSDUWPHQWRI7UDQVSRUWDWLRQ
7KH&LW\RI(PHU\YLOOH
'LUHFWRURU'LUHFWRURI7UDQVSRUWDWLRQ
7KH&LW\RI(PHU\YLOOH3XEOLF:RUNV'LUHFWRURUGHVLJQHH (QJLQHHULQJ6WDQGDUGV
7KHFXUUHQW&LW\RI(PHU\YLOOH(QJLQHHULQJ6WDQGDUGV (QJLQHHU
7KH&LW\(QJLQHHU&LW\RI(PHU\YLOOHDFWLQJHLWKHUGLUHFWO\RUWKURXJKSURSHUO\DXWKRUL]HG DJHQWVWKHDJHQWVDFWLQJZLWKLQWKHVFRSHRIWKHSDUWLFXODUGXWLHVGHOHJDWHGWRWKHP ([FXVDEOH'HOD\
'HOD\FDXVHGE\WKH&LW\DQGQRWUHDVRQDEO\IRUHVHHDEOHZKHQWKHZRUNEHJDQVXFK DV

&KDQJHLQWKHZRUN

&LW\DFWLRQWKDWLVQRWSDUWRIWKH&RQWUDFW

'HVFULEHGIDFLOLW\UHDUUDQJHPHQWQRWUHDUUDQJHGDVGHVFULEHGE\WKHXWLOLW\RZQHUE\WKHGDWH VSHFLILHGXQOHVV

L
WKHUHDUUDQJHPHQWLVVROHO\IRUWKH&RQWUDFWRU
VFRQYHQLHQFHRU

LL
DVDUHVXOWRID&RQWUDFWRUSURSRVHGFRQVWUXFWLRQPHWKRGRUGHWDLO
&LW\
VIDLOXUHWRREWDLQWLPHO\DFFHVVWRWKHULJKWRIZD\
RU
&LW\
VIDLOXUHWRUHYLHZDVXEPLWWDORUSURYLGHQRWLILFDWLRQLQWKHWLPHVSHFLILHG )HGHUDO$LG&RQWUDFW
$SURMHFWWKDWLVLGHQWLILHGZLWKLQWKH6SHFLDO6SHFLILFDWLRQVDVEHLQJILQDQFHG ZLWK)HGHUDOIXQGLQJDQGIRUZKLFK\RXDQGWKH&LW\PXVWIROORZXQLTXH)HGHUDOUHTXLUHPHQWV +LJKZD\
+LJKZD\RU+LJKZD\5LJKWRI:D\PHDQVWKHZRUNVLWH
V
DVLGHQWLILHGLQWKHFRQWUDFW
+ROLGD\
+ROLGD\VVKRZQLQWKHIROORZLQJWDEOH

+ROLGD\ 'DWH2EVHUYHG
6XQGD\ (YHU\6XQGD\
1HZ<HDU¶V'D\ -DQXDU\QG
%LUWKGD\RI0DUWLQ/XWKHU.LQJ-U UG0RQGD\LQ-DQXDU\ :DVKLQJWRQ¶V%LUWKGD\ UG0RQGD\LQ)HEUXDU\
0HPRULDO'D\ /DVW0RQGD\LQ0D\
,QGHSHQGHQFH'D\ -XO\WK
/DERU'D\ VW0RQGD\LQ6HSWHPEHU
,QGLJHQRXV3HRSOHV'D\ QG0RQGD\LQ2FWREHU
9HWHUDQV'D\ 1RYHPEHUWK
7KDQNVJLYLQJ'D\ WK7KXUVGD\LQ1RYHPEHU
'D\DIWHU7KDQNVJLYLQJ 'D\DIWHU7KDQNVJLYLQJ'D\
'D\EHIRUH&KULVWPDV'D\ /DVWZRUNLQJGD\SULRUWR&KULVWPDV'D\ &KULVWPDV'D\ 'HFHPEHUWK
'D\EHIRUH1HZ<HDU¶V'D\ /DVWZRUNLQJGD\SULRUWR1HZ<HDU¶V'D\ &DHVDU&KDYH]'D\LVQRWD&LW\UHFRJQL]HG+ROLGD\EXWFDQEHUHFRJQL]HGWKURXJKDZULWWHQFKDQJH RUGHU ,I WKH KROLGD\ IDOOV RQ D 6XQGD\ WKH 0RQGD\ IROORZLQJ LV D KROLGD\ ,I WKH KROLGD\ IDOOV RQ D 6DWXUGD\WKHSUHFHGLQJ)ULGD\LVDKROLGD\
/DERUDWRU\
7KH &LW\ RU D GHVLJQDWHG ODERUDWRU\ DXWKRUL]HG E\ WKH &LW\ WRWHVWPDWHULDOV DQGZRUN LQYROYHGLQWKHFRQWUDFW
/DQGVFDSH$UFKLWHFW
7KH(QJLQHHUDVGHILQHGLQWKLVVHFWLRQ
087&'
7KHPRVWFXUUHQWYHUVLRQRIWKH&DOLIRUQLD0DQXDORQ8QLIRUP7UDIILF&RQWURO'HYLFHV

%
2IILFHRI6WUXFWXUH'HVLJQ
7KH 2IILFH RI WKH &LW\ (QJLQHHU DW WKH DGGUHVV ORFDWHG LQ WKH VSHFLDO SURYLVLRQVIRUWKHVXEPLVVLRQRIELGV
3ODQV

3URMHFW3ODQV
'UDZLQJVVSHFLILFWRWKHSURMHFWLQFOXGLQJDXWKRUL]HGVKRSGUDZLQJV (QJLQHHULQJ6WDQGDUGV
'UDZLQJVWDQGDUGWR&LW\RI(PHU\YLOOH
6WDQGDUG3ODQV
'UDZLQJVWDQGDUGWR&DOWUDQV
3HUPDQHQWHURVLRQFRQWUROHVWDEOLVKPHQWSHULRG
1XPEHURIZRUNLQJGD\VVKRZQRQWKH1RWLFH
WR%LGGHUV IRUSHUPDQHQWHURVLRQFRQWUROHVWDEOLVKPHQWZRUN 3ODQW HVWDEOLVKPHQW SHULRG
1XPEHU RI ZRUNLQJ GD\V VKRZQ RQ WKH 1RWLFH WR %LGGHUV IRU SODQW HVWDEOLVKPHQWZRUN
6SHFLILFDWLRQV
7KH GLUHFWLRQV SURYLVLRQV DQG UHTXLUHPHQWV FRQWDLQHG LQ WKH &LW\ RI (PHU\YLOOH 6WDQGDUG 6SHFLILFDWLRQV DQG HQJLQHHULQJ VWDQGDUGV DV VXSSOHPHQWHG E\ WKH VSHFLDO SURYLVLRQV :KHQHYHU WKH WHUP ³WKHVH VSHFLILFDWLRQV´ RU ³WKHVH 6WDQGDUG 6SHFLILFDWLRQV´ LV XVHG LQ WKLV ERRN LW PHDQVWKHSURYLVLRQVVHWIRUWKLQWKLVERRNLQFRQMXQFWLRQZLWKE\UHIHUHQFHWKHHGLWLRQRIWKH6WDWH 6WDQGDUG6SHFLILFDWLRQVDVUHIHUHQFHGLQWKHEHJLQQLQJRIWKLVERRN7KH'HSDUWPHQWRI7UDQVSRUWDWLRQ SXEOLFDWLRQVHQWLWOHG/DERU6XUFKDUJHDQG(TXLSPHQW5HQWDO5DWHVDQG*HQHUDO3UHYDLOLQJ:DJH5DWHV DUHWREHFRQVLGHUHGDVDSDUWRIWKHVSHFLDOSURYLVLRQV 6WDWH
7KH&LW\RI(PHU\YLOOH
7UDQVSRUWDWLRQ%XLOGLQJ6DFUDPHQWR&LW\+DOO&LW\RI(PHU\YLOOH6WDWHRI&DOLIRUQLD 6WDWH+LJKZD\(QJLQHHU7KH&LW\(QJLQHHURIWKH&LW\RI(PHU\YLOOH6WDWHRI&DOLIRUQLD 6WDWH6WDQGDUG6SHFLILFDWLRQV
0HDQVWKH6WDQGDUG6SHFLILFDWLRQVRIWKH&DOLIRUQLD'HSDUWPHQWRI 7UDQVSRUWDWLRQ%XVLQHVVDQG7UDQVSRUWDWLRQ$JHQF\GDWHG 7KH*UHHQERRN3DUWVWKURXJKRIWKH6WDQGDUG6SHFLILFDWLRQVIRU3XEOLF:RUNV&RQVWUXFWLRQODWHVW DGRSWHGHGLWLRQ
6(&7,21',675,&76
'HOHWH6HFWLRQ'LVWULFWV
6(&7,21:(%6,7(6$''5(66(6$1'7(/(3+21(180%(56 $GGWR6HFWLRQ:HE6LWHV$GGUHVVHVDQG7HOHSKRQH1XPEHUVDVIROORZV
5HIHUHQFH :HE6LWH $GGUHVV 7HOHSKRQH
1XPEHU
2QOLQH3ODQ
5HSRVLWRU\ KWWS
ZZZFLSOLVWFRP
'HOHWHIURP6HFWLRQ:HE6LWHV$GGUHVVHVDQG7HOHSKRQH1XPEHUVWKHUHIHUHQFHWR %LGGHUV
([FKDQJH
6(&7,210,6&(//$1<
5HSODFH6HFWLRQ0LVFHOODQ\ZLWKWKHIROORZLQJ

0DNHFKHFNVDQGERQGVSD\DEOHWRWKH&LW\RI(PHU\YLOOH

%
%,'',1*
7KH %LGGHU
V DWWHQWLRQ LV GLUHFWHG WR WKH SURYLVLRQV LQ'LYLVLRQ , 6HFWLRQ %LGGLQJ RI WKH &DOWUDQV 6WDQGDUG 6SHFLILFDWLRQV DV PRGLILHG E\ WKHVH VSHFLDO SURYLVLRQV DV VHW IRUWK EHORZ IRU WKH UHTXLUHPHQWVDQGFRQGLWLRQVZKLFKKHVKHPXVWREVHUYHLQWKHSUHSDUDWLRQRIWKHSURSRVDOIRUPDQG WKHVXEPLVVLRQRIWKHELG
7KHIRUPRI%LGGHU
V%RQGZLOOEHIRXQGIROORZLQJWKHVLJQDWXUHSDJHRIWKH3URSRVDO ,Q DFFRUGDQFH ZLWK 3XEOLF &RQWUDFW &RGH 6HFWLRQ D 1RQFROOXVLRQ $IILGDYLW LV LQFOXGHG LQ WKH SURSRVDO6LJQLQJWKHSURSRVDOVKDOODOVRFRQVWLWXWHVLJQDWXUHRIWKH1RQFROOXVLRQ$IILGDYLW 5HSODFH 'HOHWH RU $GG WR 'LYLVLRQ , 6HFWLRQ %LGGLQJ RI WKH &DOWUDQV 6WDQGDUG 6SHFLILFDWLRQVDVIROORZV

6(&7,21 *(1(5$/
5HSODFH6HFWLRQ*HQHUDOZLWKWKHIROORZLQJ

6HFWLRQLQFOXGHVVSHFLILFDWLRQVUHODWHGWRELGHOLJLELOLW\DQGWKHELGGLQJSURFHVV 6(&7,21%,',1(/,*,%,/,7<
5HSODFH6HFWLRQ%LG,QHOLJLELOLW\ZLWKWKHIROORZLQJ
,I DQ LQGLYLGXDO ILUP SDUWQHUVKLS RU FRUSRUDWLRQ LQFOXGLQJ DQ\ RI LWV DIILOLDWHV SDUWQHUV RIILFHUV HPSOR\HHVSDUHQWFRPSDQLHVRUVXEVLGLDULHVKDVSURYLGHGDUFKLWHFWXUDORUHQJLQHHULQJVHUYLFHVWRWKH &LW\IRUWKLV&RQWUDFWEHIRUHELGVXEPLWWDOIRUWKLV&RQWUDFWWKHQVXFKLQGLYLGXDOILUPSDUWQHUVKLSDQG FRUSRUDWLRQDQGDQ\RILWVDIILOLDWHVSDUWQHUVRIILFHUVHPSOR\HHVSDUHQWFRPSDQLHVRUVXEVLGLDULHVLV SURKLELWHGIURPDQ\RIWKHIROORZLQJ

6XEPLWWLQJDELG
6XEFRQWUDFWLQJIRUDSDUWRIWKHZRUN
6XSSO\LQJPDWHULDOV
6(&7,21&2175$&7255(*,675$7,21
5HSODFH6HFWLRQ&RQWUDFWRU5HJLVWUDWLRQZLWKWKHIROORZLQJ
1RFRQWUDFWRURUVXEFRQWUDFWRUPD\EHOLVWHGRQDELGSURSRVDOIRUWKLV&RQWUDFWXQOHVVUHJLVWHUHGZLWK WKH'HSDUWPHQWRI,QGXVWULDO5HODWLRQVSXUVXDQWWR/DERU&RGHVHFWLRQ>ZLWKOLPLWHGH[FHSWLRQV IURPWKLVUHTXLUHPHQWIRUELGSXUSRVHVRQO\XQGHU/DERU&RGHVHFWLRQ D
@
6(&7,21
7KLVVHFWLRQKDVEHHQLQWHQWLRQDOO\OHIWEODQN
6(&7,21$''(1'80
$GG6HFWLRQ$GGHQGXPDVIROORZV

'XULQJ WKH FRXUVH RI WKH ELGGLQJ SURFHVV LI FKDQJHV DUH PDGH WR WKH 3ODQV 6SHFLILFDWLRQV %LG 'RFXPHQWVRURWKHU&RQWUDFW'RFXPHQWVWKH\ZLOOEHSRVWHGWRKWWS ZZZFLSOLVWFRPIRUSURVSHFWLYH
%LGGHUV

%
,IGLVFUHSDQFLHVRUDSSDUHQWHUURUVDUHIRXQGLQWKH&RQWUDFW'RFXPHQWVSULRUWRWKHGDWHRIELGRSHQLQJ %LGGHUVVKDOOVXEPLWDZULWWHQUHTXHVWIRUFODULILFDWLRQWRWKH&LW\(QJLQHHUDPLQLPXPRI)LYH

'D\VSULRUWR%LG'DWHZKLFKUHVSRQVHWRVDLGUHTXHVWZLOOEHJLYHQLQWKHIRUPRIDGGHQGDWRDOO %LGGHUVLIWLPHSHUPLWV
7KHFRUUHFWLRQRIDQ\GLVFUHSDQFLHVLQRURPLVVLRQVIURPWKH3ODQV6SHFLILFDWLRQV%LG'RFXPHQWVRU RWKHU&RQWUDFW'RFXPHQWVRUDQ\LQWHUSUHWDWLRQWKHUHRIGXULQJWKHELGGLQJSURFHVVZLOOEHPDGHRQO\ E\ $GGHQGXP LVVXHG LQ ZULWLQJ E\ WKH &LW\ DQG VLJQHG E\ WKH &LW\ (QJLQHHU $ FRS\ RI HDFK VXFK $GGHQGXP LVVXHG E\ WKH &LW\ ZLOO EH SRVWHG WRKWWS ZZZFLSOLVWFRP $Q\ RWKHU LQWHUSUHWDWLRQ RU
H[SODQDWLRQRIVXFKGRFXPHQWVZLOOQRWEHFRQVLGHUHGELQGLQJ $OO$GGHQGDPXVWEHVLJQHGE\D%LGGHUDQGLQFOXGHGZLWKWKHLUSURSRVDODWWKHWLPHRIELGRSHQLQJ
6(&7,21%,''2&80(176
6(&7,21$*(1(5$/
5HSODFH6HFWLRQ$*HQHUDOZLWKWKHIROORZLQJ

7KH%LG'RFXPHQWVVHWIRUWKLQ3DUW$RI&LW\RI(PHU\YLOOH6SHFLILFDWLRQVLQFOXGHELGSURSRVDOIRUP FHUWLILFDWLRQVELGGHU¶VERQGGHFODUDWLRQVDQGDFNQRZOHGJHPHQWV$VWDQGDUGSURSRVDOIRUPZKLFK ZKHQILOOHGRXWDQGH[HFXWHGVKDOOEHVXEPLWWHGDVWKDW%LGGHU VELG%LGVQRWSUHVHQWHGRQIRUPVVR
IXUQLVKHGDQGFRSLHVRUIDFVLPLOHVRIWKH%LGGHU
VFRPSOHWHGDQGH[HFXWHGSURSRVDOIRUPVVXEPLWWHG
DVDELGPD\EHUHMHFWHGE\2ZQHULQLWVVROHGLVFUHWLRQ%LG'RFXPHQWVLQFOXGLQJ3ODQV6SHFLILFDWLRQV 1RWLFH,QYLWLQJ%LGV6XSSOHPHQWDO6SHFLILFDWLRQVDQGDQ\$GGHQGXPFDQEHREWDLQHGRQWKHLQWHUQHW DWKWWS
ZZZFLSOLVWFRP6WDWHRI&DOLIRUQLD'HSDUWPHQWRI7UDQVSRUWDWLRQ6WDQGDUG6SHFLILFDWLRQV DQG6WDWH RI&DOLIRUQLD'HSDUWPHQW RI7UDQVSRUWDWLRQ6WDQGDUG3ODQV DUHDYDLODEOH IRU UHYLHZDWWKH&LW\3XEOLF:RUNV2IILFH
6(&7,21%6833/(0(17$/352-(&7,1)250$7,21
5HSODFH6HFWLRQ%6XSSOHPHQWDO3URMHFW,QIRUPDWLRQZLWKWKHIROORZLQJ
7KHDYDLODELOLW\RUXVHRILQIRUPDWLRQGHVFULEHGLQWKLV6HFWLRQLVQRWLQWHQGHGWREHDQGVKDOOQRWEH FRQVWUXHG WR UHOLHYH WKH %LGGHU RU &RQWUDFWRU IURP SURSHUO\ H[DPLQLQJ WKH VLWH DQG PDNLQJ VXFK DGGLWLRQDO LQYHVWLJDWLRQV DV LW PD\ HOHFW RU IURP SURSHUO\ IXOILOOLQJ DOO WKH WHUPV RI WKH &RQWUDFW 'RFXPHQWV
6(&7,21-2%6,7($1''2&80(17(;$0,1$7,21
5HSODFH6HFWLRQ-RE6LWH$QG'RFXPHQW([DPLQDWLRQZLWKWKHIROORZLQJ
([DPLQHWKHMREVLWHDQG%LG'RFXPHQWV1RWLI\WKH&LW\RIDSSDUHQWHUURUVDQGSDWHQWDPELJXLWLHVLQWKH 3ODQV 6SHFLILFDWLRQV 1RWLFH ,QYLWLQJ %LGV %LG 'RFXPHQWV 6XSSOHPHQWDO 6SHFLILFDWLRQV DQG DQ\ $GGHQGXP)DLOXUHWRGRVRPD\UHVXOWLQUHMHFWLRQRIDELGRUUHVFLVVLRQRIDQDZDUG %LGVXEPLVVLRQLV\RXUDFNQRZOHGJPHQWWKDW\RXKDYHH[DPLQHGWKHMREVLWHDQG3ODQV6SHFLILFDWLRQV 1RWLFH,QYLWLQJ%LGV%LG'RFXPHQWV6XSSOHPHQWDO6SHFLILFDWLRQVDQGDQ\$GGHQGXPDQGDUHVDWLVILHG ZLWK

*HQHUDODQGORFDOFRQGLWLRQVWREHHQFRXQWHUHG

&KDUDFWHUTXDOLW\DQGVFRSHRIZRUNWREHSHUIRUPHG
4XDQWLWLHVRIPDWHULDOVWREHIXUQLVKHG

&KDUDFWHUTXDOLW\DQGTXDQWLW\RIVXUIDFHDQGVXEVXUIDFHPDWHULDOVRUREVWDFOHV DQG
5HTXLUHPHQWVRIWKH&RQWUDFW
6(&7,21
%,',7(0/,67
5HSODFH6HFWLRQ
%LG,WHP/LVWZLWKWKHIROORZLQJ

6XEPLWDELGEDVHGRQWKHELGLWHPTXDQWLWLHVVKRZQRQWKH%LG6KHHWV

%
6(&7,2168%&2175$&7256/,67
5HSODFH6HFWLRQ6XEFRQWUDFWRUV/LVWZLWKWKHIROORZLQJ
2QWKH6XEFRQWUDFWRUV/LVWIRUPOLVWHDFKVXEFRQWUDFWRUWKDWZLOOSHUIRUPZRUNLQDQDPRXQWLQH[FHVV RIRISHUFHQWRIWKHWRWDOELGRUZKLFKHYHULVJUHDWHU 3XE&RQW&RGHHWVHT

)RUHDFKVXEFRQWUDFWRUOLVWHGWKH6XEFRQWUDFWRUV/LVWIRUPPXVWVKRZ
%XVLQHVVQDPHDQGWKHORFDWLRQRILWVSODFHRIEXVLQHVV &DOLIRUQLDFRQWUDFWRUOLFHQVHQXPEHU
'HSDUWPHQWRI,QGXVWULDO5HODWLRQVFRQWUDFWRUUHJLVWUDWLRQQXPEHU 3RUWLRQRIZRUNLWZLOOSHUIRUP6KRZWKHSRUWLRQRIWKHZRUNE\
%LGLWHPQXPEHUVIRUWKHVXEFRQWUDFWHGZRUN
'ROODUYDOXHDQGSHUFHQWDJHRIWKHVXEFRQWUDFWHGZRUNIRUHDFKELGLWHPOLVWHG 'HVFULSWLRQRIWKHVXEFRQWUDFWHGZRUNLIWKHSHUFHQWDJHRIWKHELGLWHPOLVWHGLVOHVVWKDQ SHUFHQW
6(&7,21',6$'9$17$*('%86,1(66(17(535,6(6
$GGWR6HFWLRQ$

7KLVVHFWLRQLVDSSOLFDEOHWRIHGHUDOO\IXQGHGSURMHFWVDQGRQO\DVGLUHFWHGLQWKHVSHFLDOSURYLVLRQV 6(&7,21',6$%/('9(7(5$1%86,1(66(17(535,6(6
$GGWR6HFWLRQ$

7KLVVHFWLRQLVDSSOLFDEOHRQO\DVGLUHFWHGLQWKHVSHFLDOSURYLVLRQV 6(&7,21 60$// %86,1(66 $1' 121±60$// %86,1(66 68%&2175$&725 35()(5(1&(6
$GGWR6HFWLRQ$

7KLVVHFWLRQLVDSSOLFDEOHRQO\DVGLUHFWHGLQWKHVSHFLDOSURYLVLRQV 6(&7,21&$/,)251,$&203$1,(6
'HOHWH6HFWLRQ&DOLIRUQLD&RPSDQLHV
6(&7,21%,''2&80(17&203/(7,21$1'68%0,77$/
6(&7,21$*(1(5$/
5HSODFH6HFWLRQ$*HQHUDOZLWKWKHIROORZLQJ

)XUQLVKDELGXVLQJEODQNIRUPVSURYLGHGLQWKH%LG'RFXPHQWV%LGPXVWLQFOXGHDOOIRUPVVHFXUHO\VHDOHG LQDVXLWDEOHHQYHORSHDQGPXVWEHVLJQHGE\WKH%LGGHU8VHWKHIRUPVSURYLGHGLQWKH%LG'RFXPHQWV H[FHSWDVRWKHUZLVHVSHFLILHGIRUDELGGHU
VERQG
'RQRWID[RUHPDLOELGV)DLOXUHWRVXEPLWWKHELGDVVSHFLILHGPD\UHVXOWLQDQRQUHVSRQVLYHELG ,IDQDJHQWRWKHUWKDQWKHDXWKRUL]HGFRUSRUDWHRIILFHURUDSDUWQHUVKLSPHPEHUVLJQVWKHELGILOHD3RZHU RI $WWRUQH\ ZLWK WKH &LW\ HLWKHU EHIRUH RSHQLQJ ELGV RU ZLWK WKH ELG 2WKHUZLVH WKH ELG PD\ EH QRQUHVSRQVLYH
6(&7,21%(/(&7521,&%,'6
'HOHWH6HFWLRQ%(OHFWURQLF%LGV
6(&7,21'%,')25068%0,77$/6&+('8/(6
6(&7,21'

*(1(5$/

%
5HSODFH6HFWLRQ'

*HQHUDOZLWKWKHIROORZLQJ

7KH%LG'RFXPHQWLQFOXGHVIRUPVVSHFLILFWRWKH&RQWUDFW7KHGHDGOLQHVIRUWKHVXEPLWWDORIWKHIRUPV YDU\'HWHUPLQHWKHUHTXLUHPHQWVRIWKH&RQWUDFWDQGVXEPLWWKHIRUPVEDVHGRQWKHDSSOLFDEOHGHDGOLQH %LGIRUPVDQGLQIRUPDWLRQRQWKHIRUPWKDWDUHGXHDIWHUWKHWLPHRIELGPD\EHVXEPLWWHGDWWKHWLPHRI ELG
6(&7,21%,''(5¶66(&85,7<
5HSODFH6HFWLRQ%LGGHU¶V6HFXULW\ZLWKWKHIROORZLQJ
6XEPLWRQHRIWKHIROORZLQJIRUPVRI%LGGHU¶VVHFXULW\HTXDOWRDWOHDVWWHQSHUFHQW
RIWKHELG

L
FDVK

LL
FDVKLHU¶VFKHFN

LLL
FHUWLILHGFKHFN
RU
LY
VLJQHG%LGGHU¶V%RQGE\DQDGPLWWHGVXUHW\
LQVXUHU
6XEPLWFDVKFDVKLHU¶VFKHFNFHUWLILHGFKHFNRU%LGGHU¶V%RQGWRWKH&LW\DVSDUWRI\RXUELG 7KH%LGGHU
V%RQGPXVWFRQIRUP WR WKHERQG IRUPVKRZQLQ WKH%LG'RFXPHQWV IRU WKHSURMHFWDQG PXVWEHSURSHUO\ ILOOHG RXWDQGH[HFXWHG7KHVXUHW\¶VVLJQDWXUHPXVWEHQRWDUL]HGDQG WKHVXUHW\¶V SRZHURIDWWRUQH\PXVWEHDWWDFKHG2ULJLQDOVLJQDWXUHVDUHUHTXLUHG 6(&7,21%,'68%0,77$/
$GG6HFWLRQ%LG6XEPLWWDODVIROORZV

6XEPLW\RXUELGXQGHUVHDOHGFRYHUPDUNHGRXWVLGHRIWKHHQYHORSHFRQWDLQLQJWKHELGLQFRPSOLDQFH ZLWKWKHLQVWUXFWLRQVFRQWDLQHGLQWKH1RWLFH,QYLWLQJ%LGV1RELGZLOOEHFRQVLGHUHGXQOHVVDFFRPSDQLHG E\%LGGHU¶VVHFXULW\HTXDOWRDWOHDVWWHQSHUFHQW

RIWKHELGLQWKHIRUPRI

L
FDVK

LL
FDVKLHU¶V
FKHFN

LLL
FHUWLILHGFKHFN
RU
LY
VLJQHG%LGGHU¶V%RQGZKLFKPXVWFRPSO\ZLWK6HFWLRQ ,IWKHELGLVPDGHE\DQLQGLYLGXDOWKHLQGLYLGXDO¶VQDPHDQGPDLOLQJDGGUHVVPXVWEHVKRZQ,IPDGH E\DILUPRUDSDUWQHUVKLSWKHQDPHDQGPDLOLQJDGGUHVVRIHDFKPHPEHURIWKHILUPRUSDUWQHUVKLS PXVWEHVKRZQ,IPDGHE\DFRUSRUDWLRQWKHELGPXVWVKRZWKHQDPHRIWKHVWDWHXQGHUWKHODZVRI ZKLFKWKHFRUSRUDWLRQZDVFKDUWHUHGDQGWKHQDPHVWLWOHVDQGEXVLQHVVDGGUHVVHVRIWKHSUHVLGHQW VHFUHWDU\DQGWUHDVXUHU
6(&7,21%,':,7+'5$:$/
5HSODFH6HFWLRQ%LG:LWKGUDZDOZLWKWKHIROORZLQJ

%LGVDUHQRWFRQVLGHUHGILOHGZLWKWKH&LW\XQWLOWKHGDWHDQGWLPHRIELGRSHQLQJ $%LGGHUPD\ZLWKGUDZRUUHYLVHDELGDIWHULWKDVEHHQVXEPLWWHGWRWKH&LW\LIWKLVLVGRQHEHIRUHWKH ELGRSHQLQJGDWHDQGWLPH
6(&7,21%,'23(1,1*
5HSODFH6HFWLRQ%LG2SHQLQJZLWKWKHIROORZLQJ

7KH&LW\SXEOLFO\RSHQVDQGUHDGVELGVDWWKHWLPHDQGSODFHVKRZQRQWKH1RWLFH,QYLWLQJ%LGV 6(&7,21'(3$570(17¶6'(&,6,2121%,'
5HSODFH6HFWLRQ'HSDUWPHQW¶V'HFLVLRQ2Q%LGZLWKWKHIROORZLQJ

7KH&LW\
VGHFLVLRQRQWKHELGDPRXQWLVILQDO
7KH&LW\PD\UHMHFW

$OOELGV

%

$QRQUHVSRQVLYHELG
6(&7,21%,'5(/,()
5HSODFH6HFWLRQ%LG5HOLHIZLWKWKHIROORZLQJ

7KH&LW\PD\JUDQWELGUHOLHIXQGHU3XE&RQWUDFW&RGHHWVHT6XEPLWDQ\UHTXHVWIRUELG UHOLHIWRWKH'LUHFWRUZLWKLQILYH

FDOHQGDUGD\VDIWHUWKHRSHQLQJRIWKHELGV
6(&7,215(6(59('
$GG6HFWLRQ%,'3527(676DVIROORZV

$Q\SURWHVWRIWKHSURSRVHG3URMHFWDZDUGPXVWEHVXEPLWWHGLQZULWLQJWRWKH&LW\QRODWHUWKDQ
30RQWKHWKLUGEXVLQHVVGD\IROORZLQJWKHGDWHRIWKHELGRSHQLQJ 7KHSURWHVWPXVWFRQWDLQDFRPSOHWHVWDWHPHQWRIWKHEDVLVIRUWKHSURWHVW 7KHSURWHVWPXVWVWDWHWKHIDFWVDQGUHIHUWRWKHVSHFLILFSRUWLRQRIWKHGRFXPHQWRUWKHVSHFLILF VWDWXWHWKDWIRUPVWKHEDVLVIRUWKHSURWHVW7KHSURWHVWPXVWLQFOXGHWKHQDPHDGGUHVVDQG WHOHSKRQHQXPEHURIWKHSHUVRQUHSUHVHQWLQJWKHSURWHVWLQJSDUW\ 7KH SDUW\ ILOLQJ WKH SURWHVWPXVW FRQFXUUHQWO\ WUDQVPLW D FRS\RI WKH SURWHVW WR WKH SURSRVHG DZDUGHH
7KHSDUW\ILOLQJWKHSURWHVWPXVWKDYHVXEPLWWHGDELGIRUWKH3URMHFW$VXEFRQWUDFWRURIDSDUW\ ILOLQJDELGIRUWKH3URMHFWPD\QRWVXEPLWDELGSURWHVW$SDUW\PD\QRWUHO\RQWKHELGSURWHVW VXEPLWWHGE\DQRWKHUELGGHUEXWPXVWWLPHO\SXUVXHLWVRZQSURWHVW 7KHSURFHGXUHDQGWLPHOLPLWVVHWIRUWKLQWKHVH,QVWUXFWLRQVWR%LGGHUVDUHPDQGDWRU\DQGDUH WKHELGGHUV¶VROHDQGH[FOXVLYHUHPHG\LQWKHHYHQWRIDELGSURWHVW$Q\ELGGHU¶VIDLOXUHWRIXOO\ FRPSO\ZLWKWKHVHSURFHGXUHVVKDOOFRQVWLWXWHDZDLYHURIDQ\ULJKWWRIXUWKHUSXUVXHDELGSURWHVW LQFOXGLQJILOLQJRIDFKDOOHQJHRIWKHDZDUGSXUVXDQWWRWKH&DOLIRUQLD3XEOLF&RQWUDFW&RGHILOLQJ RIDFODLPSXUVXDQWWRWKH&DOLIRUQLD*RYHUQPHQW&RGHRUILOLQJRIDQ\RWKHUOHJDOSURFHHGLQJV 7KH &LW\ VKDOO UHYLHZ DOO WLPHO\ SURWHVWV SULRU WR DZDUG RI WKH 3URMHFW 7KH &LW\ VKDOO QRW EH UHTXLUHGWRKROGDQDGPLQLVWUDWLYHKHDULQJWRFRQVLGHUDQ\SURWHVWVEXWPD\GRVRDWLWVRSWLRQ $W WKH WLPHRI WKH&LW\&RXQFLO¶VFRQVLGHUDWLRQRI WKH3URMHFWDZDUG WKH&LW\&RXQFLOVKDOODOVR FRQVLGHU WKHPHULWVRIDQ\ WLPHO\SURWHVWV 7KH&LW\&RXQFLOPD\HLWKHUUHMHFW WKHSURWHVWDQG DZDUGWRWKHORZHVWUHVSRQVLEOHELGGHURUDFFHSWWKHSURWHVWDQGDZDUGWKHELGWRWKHQH[WORZHVW UHVSRQVLEOHELGGHU1RWKLQJLQWKLVVHFWLRQVKDOOEHFRQVWUXHGDVDZDLYHURIWKH&LW\&RXQFLO¶V ULJKWWRUHMHFWDOOELGV

%
&2175$&7$:$5'$1'(;(&87,21
7KH %LGGHU
V DWWHQWLRQ LV GLUHFWHG WR WKH SURYLVLRQV LQ 'LYLVLRQ , 6HFWLRQ &RQWUDFW $ZDUG $QG ([HFXWLRQRIWKH&DOWUDQV6WDQGDUG6SHFLILFDWLRQVDVPRGLILHGE\WKHVHVSHFLDOSURYLVLRQVDVVHW IRUWKEHORZIRUWKHUHTXLUHPHQWVDQGFRQGLWLRQVZKLFKKHVKHPXVWREVHUYHLQWKHSUHSDUDWLRQRIWKH SURSRVDOIRUPDQGWKHVXEPLVVLRQRIWKHELG
5HSODFH'HOHWHRU$GGWR'LYLVLRQ,6HFWLRQ&RQWUDFW$ZDUG$QG([HFXWLRQRIWKH &DOWUDQV6WDQGDUG6SHFLILFDWLRQVDVIROORZV

6(&7,21&2175$&7$:$5'
5HSODFH6HFWLRQ&RQWUDFW$ZDUGZLWKWKHIROORZLQJ
,I WKH &LW\ DZDUGV WKH FRQWUDFW WKH &LW\ ZLOO XVH EHVW HIIRUWV WR DZDUG WKH FRQWUDFW WR WKH ORZHVW UHVSRQVLYHELGVXEPLWWHGE\DUHVSRQVLEOH%LGGHUZLWKLQ FDOHQGDUGD\VDIWHURSHQLQJRIWKHELGV
6(&7,21%$'',7,9('('8&7,9(&2175$&7$:$5'
$GG6HFWLRQ%$GGLWLYH'HGXFWLYH&RQWUDFW$ZDUGDVIROORZV
:KHQWKHELGSURSRVDOIRUPLQFOXGHVDGGLWLYHRUGHGXFWLYHDOWHUQDWHVWKH(QJLQHHUZLOOGHWHUPLQHWKH ORZHVWELGDVGHILQHGLQ WKHVSHFLDOSURYLVLRQV,IQRPHWKRGLVGHILQHGLQ WKHVSHFLDOSURYLVLRQV WKH ORZHVW ELG LV GHWHUPLQHG RQ WKH EDVH SULFH ZLWKRXW FRQVLGHUDWLRQ IRU WKH SULFHV RI WKH DGGLWLYH RU GHGXFWLYHDOWHUQDWHVLQFRPSOLDQFHZLWK6HFWLRQRIWKH3XEOLF&RQWUDFW&RGH 7KH&LW\ UHVHUYHV WKH ULJKW WRDZDUGRUQRWDZDUG WKH&RQWUDFWLQFOXGLQJRU RPLWWLQJ WKHDOWHUQDWHV 'HWHUPLQDWLRQDVWRZKHWKHURUQRWWKHDOWHUQDWHVDUHLQFOXGHGLQWKH&RQWUDFWZLOOEHPDGHE\WKH&LW\ $OOUHTXLUHPHQWVLQWKH&RQWUDFWDSSO\WRWKHZRUNUHTXLUHGWRFRPSOHWHWKHDOWHUQDWHV 6(&7,21&2175$&7%21'6
5HSODFH6HFWLRQ&RQWUDFW%RQGVZLWKWKHIROORZLQJ
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
$GGWR6HFWLRQ,QVXUDQFH3ROLFLHVZLWKWKHIROORZLQJ
3URFXUHDQGPDLQWDLQIRUWKHGXUDWLRQRIWKH&RQWUDFWLQVXUDQFHDJDLQVWFODLPVIRULQMXULHVWRSHUVRQV LQFOXGLQJGHDWKRUGDPDJHVWRSURSHUW\ZKLFKPD\DULVHIURPRULQFRQQHFWLRQZLWKWKHSHUIRUPDQFHRI WKHZRUNKHUHXQGHUE\WKH&RQWUDFWRUKLV$JHQWV5HSUHVHQWDWLYHV(PSOR\HHVRU6XEFRQWUDFWRUV7KH FRVWRILQVXUDQFHLVLQFOXGHGLQ\RXUELG
$OOFHUWLILFDWHVDQGHQGRUVHPHQWVDUH WREHUHFHLYHGUHYLHZHGDQGDSSURYHGE\ WKH(QJLQHHUEHIRUH WKH&LW\ZLOOH[HFXWHWKH&RQWUDFW7KH&LW\UHVHUYHVWKHULJKWWRUHTXLUHFRPSOHWHFHUWLILHGFRSLHVRIDOO UHTXLUHGLQVXUDQFHSROLFLHVDWDQ\WLPH

%
6(&7,2160$//%86,1(663$57,&,3$7,215(3257
'HOHWH6HFWLRQ6PDOO%XVLQHVV3DUWLFLSDWLRQ5HSRUW 6(&7,21&2175$&7(;(&87,21
5HSODFH6HFWLRQ&RQWUDFW([HFXWLRQZLWKWKHIROORZLQJ
7KHVXFFHVVIXO%LGGHUPXVWH[HFXWHDQGGHOLYHUWRWKH(QJLQHHUWKHVLJQHG&RQWUDFWSHUIRUPDQFHDQG SD\PHQWERQGVH[HFXWHGJXDUDQWHHLQVXUDQFHFHUWLILFDWHVDQGHQGRUVHPHQWVLQFOXGLQJFHUWLILHGFRSLHV RI DQ\ DQG DOOLQVXUDQFHSROLFLHVLI UHTXHVWHGE\ WKH(QJLQHHU )HGHUDO: WD[ )RUP DQGSURRI RI
(PHU\YLOOH%XVLQHVV/LFHQVH7KH(QJLQHHUPXVWUHFHLYHWKHVHGRFXPHQWVZLWKWHQ
FDOHQGDUGD\V
DIWHUWKH%LGGHUUHFHLYHVWKH&RQWUDFW
7KH%LGGHU¶V%RQGPD\EHIRUIHLWHGIRUIDLOXUHWRH[HFXWHWKH&RQWUDFWDQGSURYLGHWKH(QJLQHHUZLWKDOO GRFXPHQWVZLWKLQWKHWLPHVSHFLILHG
6(&7,21&,7<%86,1(66/,&(16(
$GG&LW\%XVLQHVV/LFHQVH
7KH&RQWUDFWRUVKDOOREWDLQD&LW\%XVLQHVV/LFHQVHDQGIRUHDFKVXEFRQWUDFWRUQRWDOUHDG\VROLFHQVHG7KH FRVWVKDOOEHLQFOXGHGLQKLVELG

%
6&23(2):25.
7KH%LGGHU
VDWWHQWLRQLVGLUHFWHGWRWKHSURYLVLRQVLQ'LYLVLRQ,6HFWLRQ6FRSHRI:RUNRIWKH&DOWUDQV 6WDQGDUG 6SHFLILFDWLRQV DV PRGLILHG E\ WKHVH VSHFLDO SURYLVLRQV DV VHW IRUWK EHORZ IRU WKH UHTXLUHPHQWVDQGFRQGLWLRQVZKLFKKHVKHPXVWREVHUYHLQWKHSUHSDUDWLRQRIWKHSURSRVDOIRUPDQG WKHVXEPLVVLRQRIWKHELG
5HSODFH'HOHWHRU$GG WR'LYLVLRQ,6HFWLRQ6FRSHRI:RUNRIWKH&DOWUDQV6WDQGDUG 6SHFLILFDWLRQVDVIROORZV

6(&7,21,17(17
$GGWR6HFWLRQ,QWHQWWKHIROORZLQJ

$OOZRUNDQGPDWHULDOVVKDOOEHLQIXOODFFRUGDQFHZLWKWKHODWHVWDGRSWHGVWDQGDUGVDQGUHJXODWLRQVRIWKH 6WDWH )LUH 0DUVKDO
WKH &DOLIRUQLD %XLOGLQJ &RGH
7LWOH RI WKH &DOLIRUQLD &RGH RI 5HJXODWLRQV WKH
&DOLIRUQLD (OHFWULFDO &RGH
WKH &DOLIRUQLD 3OXPELQJ &RGH
$PHULFDQV:LWK'LVDELOLWLHV $FW
DQG DOO RWKHU
DSSOLFDEOHFRGHVODZVUXOHVRUUHJXODWLRQV1RWKLQJLQWKHVH&RQWUDFW'RFXPHQWVLVWREHFRQVWUXHGWR SHUPLWZRUNQRWFRQIRUPLQJWRWKHVHUHTXLUHPHQWV7KH&RQWUDFWRUDJUHHVWKDWLPPHGLDWHO\XSRQVLJQLQJ RI WKH &RQWUDFW &RQWUDFWRU ZLOO GLOLJHQWO\ UHYLHZ WKH &RQWUDFW 'RFXPHQWV DQG GHWHUPLQH LI DQ\ ZRUN GHVFULEHG RU LQIHUUHG ZLWKLQ WKH &RQWUDFW 'RFXPHQWV LV QRW LQ FRQIRUPDQFH ZLWK WKHVH UHTXLUHPHQWV 6KRXOG WKH &RQWUDFWRU GLVFRYHU ZRUN ZLWKLQ WKH &RQWUDFW 'RFXPHQWV QRW LQ FRQIRUPDQFH ZLWK WKHVH UHTXLUHPHQWVWKH&RQWUDFWRUDJUHHVWRLPPHGLDWHO\QRWLI\WKH(QJLQHHULQZULWLQJRIVDLGQRQFRQIRUPDQFH DQGWRQRWSURFHHGZLWKQRQFRQIRUPLQJZRUN:KHQWKHZRUNGHWDLOHGLQWKH&RQWUDFW'RFXPHQWVGLIIHUV IURPJRYHUQLQJFRGHVLWLVXQGHUVWRRGDQGDJUHHGWKDWWKH&RQWUDFWVXPLVEDVHGXSRQWKHPRUHFRVWO\ RUH[SHQVLYHVWDQGDUG
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
6KRXOGLWDSSHDU WKDW WKHZRUN WREHGRQHRUDQ\RI WKHPDWWHUV UHODWLYH WKHUHWRDUHQRWVXIILFLHQWO\ GHWDLOHGRUH[SODLQHGLQWKH&RQWUDFW'RFXPHQWVRULQWKHHYHQWRIDQ\GRXEWRUTXHVWLRQDULVLQJUHVSHFWLQJ WKHWUXHPHDQLQJRIWKH&RQWUDFW'RFXPHQWVWKH&RQWUDFWRUVKDOODSSO\WRWKH(QJLQHHULQZULWLQJIRUVXFK IXUWKHUH[SODQDWLRQVDVPD\EHQHFHVVDU\DQGWKH(QJLQHHUVKDOOUHQGHUKLVRUKHUGHFLVLRQVWKHUHRQ7KH &RQWUDFWRUVKDOOWKRURXJKO\UHYLHZDOO5HTXHVWVIRU,QIRUPDWLRQ 5),
V
VXEPLWWHGE\VXEFRQWUDFWRUVSULRU
WR VXEPLVVLRQ WR WKH (QJLQHHU WR GHWHUPLQH ZKHWKHU VXFK 5), V LV DOUHDG\ DQVZHUHG LQ WKH &RQWUDFW
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

%
<RXPXVWPDLQWDLQRQWKHMREVLWHLQIRUPDWLRQRQWKHPDQXIDFWXUHU¶VUHFRPPHQGDWLRQIRULQVWDOODWLRQRU DSSOLFDWLRQZKHQWKDWLQIRUPDWLRQH[LVWV
6(&7,21&+$1*(6$1'(;75$:25.
6(&7,21$*(1(5$/
$GGWR6HFWLRQ$*HQHUDOWKHIROORZLQJ

,QLQVWDQFHVZKHUH\RXDQGWKH&LW\GLVSXWHWKDWFHUWDLQZRUNLVH[WUDZRUNRUDFKDQJHLQWKHFKDUDFWHU RIWKHZRUN\RXDUHUHVSRQVLEOHWRREWDLQIURPWKH(QJLQHHUIRUWKHGLVSXWHGZRUNDJUHHPHQWRQ
L

ODERU

LL
PDWHULDOV
DQG
LLL
HTXLSPHQW

7KH DJUHHPHQW IRU GLVSXWHG ZRUN PXVW EH RQ D IRUP SURYLGHG E\ &LW\ DQG VLJQHG E\ ERWK SDUWLHV &RQWUDFWRUVKDOOPDLQWDLQDQGVXEPLWWKHVHUHFRUGVLQFRPSOLDQFHZLWK6HFWLRQ7KH$JUHHPHQW IRU'LVSXWHG:RUNVLJQHGE\WKH(QJLQHHUGRHVQRWFRQVWLWXWHDJUHHPHQWE\WKH&LW\WRSD\IRUGLVSXWHG ZRUN
',))(5,1*6,7(&21',7,216
$GG'$UFKDHRORJLFDO'LVFRYHULHV
5HIHUWR6HFWLRQRI6WDQGDUG6SHFLILFDWLRQV
6(&7,219$/8((1*,1((5,1*
$GGWR6HFWLRQ9DOXH(QJLQHHULQJDVIROORZV

7KLVVHFWLRQLVDSSOLFDEOHRQO\DVGLUHFWHGLQWKHVSHFLDOSURYLVLRQV 6(&7,21$:25.6,7(0$,17(1$1&(
$GG6HFWLRQ$:RUN6LWH0DLQWHQDQFHDVIROORZV

<RXDJUHHE\DFFHSWDQFHRID&RQWUDFWRULVVXDQFHRISHUPLWWRSURSHUO\PDLQWDLQWKHZRUNVLWHLQD VDIHFOHDQDQGQHDWFRQGLWLRQDWDOOWLPHV
3ULRUWRWKHHQGRIHDFKZRUNGD\\RXPXVWUHPRYHDOOHTXLSPHQWDQGFRQVWUXFWLRQPDWHULDOVIURPWKH SXEOLFULJKWRIZD\DQGDXWKRUL]HGHQFURDFKPHQWVWRSULYDWHSURSHUW\H[FHSWDVPD\EHDXWKRUL]HGE\ VXFKSHUPLWV7KHSXEOLF ULJKWRIIZD\ DQG HQFURDFKPHQWV WRSULYDWHSURSHUW\PXVWEHFOHDQ RI DQ\ FRQVWUXFWLRQ PDWHULDOV LQFOXGLQJ EXW QRW OLPLWHG WR FRQFUHWH RLOV DVSKDOW VDQG DJJUHJDWH EDVH FRQVWUXFWLRQPDWHULDOSDFNDJLQJ
$WWKHGLUHFWLRQRIWKH(QJLQHHUXVHDVHOIORDGLQJPRWRUVWUHHWVZHHSHUZLWKVSUD\QR]]OHVWRFOHDQWKH ULJKWRIZD\ 'R QRW XVH VWUHHW VZHHSHUV RU EORZHUV WKDW XVH KLJK YHORFLW\ DLU WR GLVSHUVH RU EORZ FRQWDPLQDQWV RXW RISURMHFW DUHD&OHDQSURMHFW DUHDDQGVXUURXQGLQJSHULPHWHULQFOXGLQJ DQ\ RWKHU DUHDLPSDFWHGE\WKLVZRUN
$Q\WUDIILFVWULSHVRUSDYHPHQWPDUNLQJVWKDWDUHUHPRYHGRUREOLWHUDWHGGXULQJZRUNPXVWEHUHSODFHG ZLWKWHPSRUDU\WDSHPDUNHUVRUSDLQWSULRUWRRSHQLQJWKHDUHDWRWUDIILF7KLVPDLQWHQDQFHDQGUHSDLU UHVSRQVLELOLW\ZLOOUXQIRUWKHOLIHRIWKHHQFURDFKPHQWDQGJXDUDQWHHSHULRG5HSODFHZLWKSHUPDQHQW VWULSLQJDQGSDYHPHQWPDUNLQJVLQFRPSOLDQFHZLWK6HFWLRQ 6(&7,21%672&.3,/(6
$GG6HFWLRQ%6WRFNSLOHVDVIROORZV

.HHSVWRFNSLOHPDWHULDOVLQWKHVWUHHWWRDPLQLPXPDQGUHPRYHE\WKHHQGRIHDFKZRUNGD\6ZHHSLQJ LVUHTXLUHGWRUHPRYHVWRFNSLOHUHVLGXHHLWKHUE\KDQGRUDWWKHGLUHFWLRQRIWKH(QJLQHHUE\PHFKDQLFDO VWUHHWVZHHSHU

%
3URYLVLRQVPXVWEHPDGHIRUFRQWUROOLQJGXVWDULVLQJIRUZKDWHYHUUHDVRQIURPVWRFNSLOHPDWHULDOVRU ZRUN RQ WKH SURMHFW <RX DUH UHVSRQVLEOH IRUPDLQWDLQLQJ DOO VWRFNSLOH DUHDV LQ D QHDW DQG GXVWIUHH FRQGLWLRQZLWKDGHTXDWHVWRUPZDWHUFRQWUROV&RPSO\ZLWK6HFWLRQ%

%
&21752/2):25.
7KH %LGGHU
V DWWHQWLRQ LV GLUHFWHG WR WKH SURYLVLRQV LQ'LYLVLRQ , 6HFWLRQ &RQWURO RI:RUN RI WKH &DOWUDQV 6WDQGDUG 6SHFLILFDWLRQV ODWHVW HGLWLRQ DV PRGLILHG E\ WKHVH VSHFLDO SURYLVLRQV DV VHW IRUWK EHORZIRUWKHUHTXLUHPHQWVDQGFRQGLWLRQVZKLFKKHVKHPXVWREVHUYHLQWKHSUHSDUDWLRQRIWKHSURSRVDO IRUPDQGWKHVXEPLVVLRQRIWKHELG
5HSODFH'HOHWHRU$GGWR'LYLVLRQ,6HFWLRQ&RQWURORI:RUNRIWKH&DOWUDQV6WDQGDUG 6SHFLILFDWLRQVODWHVWHGLWLRQDVIROORZV

6(&7,21*(1(5$/
5HSODFHWKH
WKSDUDJUDSKLQ6HFWLRQ*HQHUDOZLWKWKHIROORZLQJ
:KHQHYHU \RX FKDQJH WKH QRUPDO DJUHHGWR KRXUV RIZRUN\RXPXVW SURYLGH KRXU QRWLFH WR WKH (QJLQHHU7KH(QJLQHHUPD\RUPD\QRWDSSURYHVXFKDFKDQJH,IWKHFKDQJHLVQRWDSSURYHGDQ\ ZRUN\RXSHUIRUPRXWVLGHWKHQRUPDOKRXUVRIZRUNDQGLQWKHDEVHQFHRIWKH(QJLQHHUZLOOEHVXEMHFW WRUHMHFWLRQ
1RUPDOKRXUVRIZRUNIDOOEHWZHHQ
$0DQG
300RQGD\WKURXJK)ULGD\H[FOXGLQJ&LW\KROLGD\V 2EWDLQDSSURYDOIURPWKH&LW\IRUDQ\ZRUNEHWZHHQWKHKRXUVRI30DQG$0RURQ6DWXUGD\6XQGD\ RU&LW\KROLGD\VSXUVXDQWWR&KDSWHURI7LWOHRIWKH(PHU\YLOOH0XQLFLSDO&RGH 6(&7,21&2175$&7&20321(176
5HSODFH6HFWLRQ&RQWUDFW&RPSRQHQWVZLWKWKHIROORZLQJ
$FRPSRQHQWLQRQHFRQWUDFWSDUWDSSOLHVDVLIDSSHDULQJLQHDFK7KHSDUWVDUHFRPSOHPHQWDU\DQG GHVFULEHDQGSURYLGHIRUFRPSOHWHZRUN7KHVHVWDQGDUGVSHFLILFDWLRQVZRUNLQFRQMXQFWLRQZLWK
SURMHFWSODQV

HQJLQHHULQJVWDQGDUGV

VWDQGDUGSODQV

PDQXIDFWXUHU¶VUHFRPPHQGDWLRQV

:KHUHPDWHULDOVDQGPHWKRGVDUHVSHFLILHGGHWDLOVLQSODQVDQGVWDQGDUGVDUHWREHFRQVXOWHGWRSURYLGH IXOOLQIRUPDWLRQQHHGHGWRFRPSOHWHLQVWDOODWLRQV
,IDGLVFUHSDQF\H[LVWVWKHJRYHUQLQJUDQNLQJRI&RQWUDFWSDUWVLQGHVFHQGLQJRUGHULV
$OO$SSURYHG&RQWUDFW&KDQJH2UGHUVWRWKH$JUHHPHQW &RQVWUXFWLRQ$JUHHPHQW
1RWLFH,QYLWLQJ%LGV
%LGRU3URSRVDODFFHSWHGE\WKH&LW\
SURMHFWVSHFLDOSURYLVLRQV

SURMHFWSODQV

3DUW%*HQHUDO3URYLVLRQV
&LW\HQJLQHHULQJVWDQGDUGV
,QFOXGLQJ*UHHQERRNODWHVWDGRSWHG(GLWLRQ3DUWVWKURXJK

&LW\VWDQGDUGVSHFLILFDWLRQV

6WDWHVWDQGDUGVSHFLILFDWLRQV

6WDWHVWDQGDUGSODQV

:ULWWHQQXPEHUVDQGQRWHVRQDGUDZLQJJRYHUQRYHUJUDSKLFV
$GHWDLOGUDZLQJJRYHUQVRYHUDJHQHUDOGUDZLQJ

$GHWDLOVSHFLILFDWLRQJRYHUQVRYHUDJHQHUDOVSHFLILFDWLRQ
$6SHFLILFDWLRQLQDVHFWLRQJRYHUQVRYHUDVSHFLILFDWLRQUHIHUHQFHGE\WKDWVHFWLRQ

%
:KHUHPDQXIDFWXUHU
VUHFRPPHQGDWLRQV IRULQVWDOODWLRQDUHPRUHVWULQJHQWWKDQWKRVHSUHVFULEHGLQ WKH VWDQGDUGVSHFLILFDWLRQVRUWKHVSHFLDOSURYLVLRQVWKHPDQXIDFWXUHU VUHFRPPHQGDWLRQVZLOOWDNHSUHFHGHQFH
7KLVFRQGLWLRQPD\EHZDLYHGDWWKHGLVFUHWLRQRIWKH(QJLQHHU :RUNLQJGUDZLQJVPXVWEHVXEPLWWHGLQFRPSOLDQFHZLWKWKHSURYLVLRQVLQ6HFWLRQ 6(&7,21%6(48(1&,1*
$GG6HFWLRQ%6HTXHQFLQJDVIROORZV

:RUN ZLWKLQ DQ\ EORFN PXVW EH ILQLVKHG DQG WKH ULJKWRIZD\ FRPSOHWHO\ UHVWRUHG LQFOXGLQJ ILQLVKHG

SDYHPHQW
SULRU WR FRPPHQFLQJ ZRUN DW DQ\ RWKHU SHUPLWWHG ORFDWLRQ RU DORQJ DQ\ RWKHU SRUWLRQ RI D SHUPLWWHGURXWH7KH(QJLQHHUPD\JUDQWH[FHSWLRQVIRUSHUPLWWHGDFWLYLWLHVZLWKORZLPSDFWVWRWUDIILF HJ
GLUHFWLRQDOERUH

6(&7,21
3$571(5,1*
'HOHWH6HFWLRQ
3DUWQHULQJ
6(&7,21$66,*10(17
5HSODFH6HFWLRQ$VVLJQPHQWZLWKWKHIROORZLQJ

7KHSHUIRUPDQFHRIDOORUDQ\SDUWRIWKH&RQWUDFWPD\QRWEHDVVLJQHG)XUWKHUWKHULJKWWRUHFHLYHDQ\ RUDOO&RQWUDFWSD\PHQWVPD\QRWEHDVVLJQHG
6(&7,2168%&2175$&7,1*
6(&7,21$*(1(5$/
5HSODFHWKSDUDJUDSKLQ6HFWLRQ$*HQHUDOZLWKWKHIROORZLQJ
3HUIRUPZRUNHTXDOLQJDWOHDVWSHUFHQWRIWKHYDOXHRIWKHRULJLQDOWRWDOELGZLWK\RXUHPSOR\HHV HTXLSPHQWUHQWDOHTXLSPHQWZLWKRSHUDWRURUUHQWDOHTXLSPHQWZLWKRXWRSHUDWRUV 6(&7,21%',6$'9$17$*('%86,1(66(17(535,6(
'HOHWH6HFWLRQ%'LVDGYDQWDJHG%XVLQHVV(QWHUSULVH 6(&7,21&',6$%/('9(7(5$1%86,1(66(17(535,6(6
'HOHWH6HFWLRQ&'LVDEOHG9HWHUDQ%XVLQHVV(QWHUSULVHV 6(&7,21'12160$//%86,1(66(6
'HOHWH6HFWLRQ'1RQ6PDOO%XVLQHVVHV
6(&7,210($16 0(7+2'6
$GG0HDQVDQG0HWKRGV
7KH&LW\ZLOOQRWKDYHFRQWURORYHUEHLQFKDUJHRIQRUEHUHVSRQVLEOHIRUFRQVWUXFWLRQPHDQVPHWKRGV WHFKQLTXHVVHTXHQFHVRUSURFHGXUHVRUIRUWKHVDIHW\SUHFDXWLRQVDQGSURJUDPVLQFRQQHFWLRQZLWKWKH ZRUNVLQFHWKHVHDUHVROHO\&RQWUDFWRU
VUHVSRQVLELOLW\
7KH &LW\ RU DGMDFHQW SURSHUW\ RZQHUPD\ SHUIRUP RWKHU ZRUN DGMDFHQW WR RU ZLWKLQ WKH SURMHFW DUHD FRQFXUUHQW ZLWK WKH &RQWUDFWRU
V RSHUDWLRQV 7KH &RQWUDFWRU VKDOO FRRSHUDWH IXOO\ ZLWK WKH &LW\ LQ DOO RSHUDWLRQVZKLFKFRLQFLGHZLWKRWKHUZRUNEHLQJSHUIRUPHGDQGSURYLGH&LW\ZLWKVXFKVFKHGXOLQJDQG RWKHULQIRUPDWLRQDVPD\EHUHTXLUHGE\WKH&LW\WRSHUIRUPVXFKRWKHUZRUN7KH&RQWUDFWRUVKDOOFRQGXFW RSHUDWLRQVWRPLQLPL]HLQWHUIHUHQFHZLWKWKHZRUNRIRWKHUIRUFHVRUFRQWUDFWRUVSHUIRUPLQJVXFKZRUN 7KLVZRUNSHUIRUPHGE\DVHFRQGFRQWUDFWRUPD\LQFOXGHZRUNZKLFKLVLQFRPSOHWHRULQGLVSXWHZLWKWKH &RQWUDFWRU

%
$Q\GLVSXWHVRUFRQIOLFWVZKLFKPD\DULVHEHWZHHQ WKH&RQWUDFWRUDQGDQ\RWKHU IRUFHVRUFRQWUDFWRUV UHWDLQHG E\ WKH &LW\ FDXVLQJ GHOD\V RU KLQGUDQFH WR HDFK RWKHU VKDOO EH UHIHUUHG WR WKH(QJLQHHU IRU UHVROXWLRQ
7KH&LW\VKDOOKDYHWKHULJKWDWDQ\WLPHGXULQJWKHSURJUHVVRIWKLVZRUNWRWDNHRYHUDQGSODFHLQVHUYLFH DQ\FRPSOHWHGRUSDUWLDOO\FRPSOHWHGSRUWLRQRIWKHZRUNQRWZLWKVWDQGLQJWKHWLPHIRUFRPSOHWLRQRIWKH HQWLUHZRUNRUVXFKSRUWLRQVZKLFKPD\QRWKDYHH[SLUHG EXWVXFKWDNLQJSRVVHVVLRQWKHUHRIVKDOOQRWEH
GHHPHGDQDFFHSWDQFHRIDQ\RIWKHZRUNQRUZRUNRQWKRVHSRUWLRQVQRWFRPSOHWHGLQDFFRUGDQFHZLWK WKH&RQWUDFW'RFXPHQWV
6(&7,215(35(6(17$7,9(
$GGWR6HFWLRQ5HSUHVHQWDWLYHZLWK

,I VXFK SURMHFW VXSHULQWHQGHQW LV QRW SUHVHQW WKH &LW\PD\ GHGXFW IURP WKH FRQWUDFW SULFH DQ DPRXQW HTXLYDOHQWWRWKHUHDVRQDEOHKRXUO\UDWHIRUDVXSHULQWHQGHQWIRUHDFKKRXURUIUDFWLRQWKHUHRIVXFKSHUVRQ LVQRWSUHVHQWRQWKHSURMHFWVLWH
6(&7,21&+$5$&7(52):25.(56
$GGWR6HFWLRQ&KDUDFWHURI:RUNHUVWKHIROORZLQJ
,ILQWKHRSLQLRQRIWKH(QJLQHHUDQ\SHUVRQDVVRFLDWHGZLWKWKH3URMHFWLQFOXGLQJEXWQRWOLPLWHGWRDQ HPSOR\HHRIWKH&RQWUDFWRUIDLOVWRFRPSO\ZLWK&RQWUDFWSURYLVLRQVDIWHUUHFHLYLQJHLWKHUZULWWHQRURUDO QRWLILFDWLRQDW WKHGLVFUHWLRQRI WKH(QJLQHHU WKDWSHUVRQPXVWQRWDJDLQEHHPSOR\HGRQ WKHZRUNRU SURMHFW
6(&7,21&+$1*('8(720$7(5,$//<',))(5(17&21',7,216 $GG&KDQJH2UGHUV'XH7R0DWHULDOO\'LIIHUHQW&RQGLWLRQV ,IDQ\RIWKHFRQGLWLRQVVHWIRUWKLQ6HFWLRQV+D]DUGRXV:DVWHLQ([FDYDWLRQDQG7UHQFKLQJ &RQGLWLRQVDERYHDUHHQFRXQWHUHGWKH&LW\ZLOOSURPSWO\LQYHVWLJDWHWKHFRQGLWLRQVDQGLILWILQGVWKDW

WKHFRQGLWLRQVGRPDWHULDOO\GLIIHURUGRLQYROYHKD]DUGRXVZDVWHDQG
FDXVHDGHFUHDVHRULQFUHDVHLQ
WKHFRQWUDFWRU
VFRVWRIRUWKHWLPHUHTXLUHGIRUSHUIRUPDQFHRIDQ\SDUWRIWKHZRUNWKH&LW\ZLOOLVVXHD FKDQJHRUGHUXQGHUWKHSURFHGXUHVGHVFULEHGLQWKH6WDQGDUG6SHFLILFDWLRQV6HFWLRQ ,QWKHHYHQWWKDWDGLVSXWHDULVHVEHWZHHQWKH&LW\DQGWKH&RQWUDFWRUZKHWKHUWKHFRQGLWLRQVPDWHULDOO\ GLIIHU RULQYROYHKD]DUGRXVZDVWH RUFDXVHDGHFUHDVH RULQFUHDVHLQ WKHFRQWUDFWRU VFRVW RI RU WLPH
UHTXLUHGIRUSHUIRUPDQFHRIDQ\SDUWRIWKHZRUNWKH&RQWUDFWRUVKDOOQRWEHH[FXVHGIURPDQ\VFKHGXOHG FRPSOHWLRQGDWHSURYLGHGIRUE\WKLV&RQWUDFWEXWVKDOOSURFHHGZLWKDOOZRUNWREHSHUIRUPHGXQGHUWKLV &RQWUDFW7KH&RQWUDFWRUVKDOOUHWDLQDQ\DQGDOOULJKWVSURYLGHGXQGHUODZZKLFKSHUWDLQWRWKHUHVROXWLRQ RIGLVSXWHVDQGSURWHVWVEHWZHHQWKHFRQWUDFWLQJSDUWLHV 6(&7,21,17(17,21$//</()7(037<
6(&7,21*&,7<$87+25,=$7,216$1'3(50,76
$GG6HFWLRQ*&LW\$XWKRUL]DWLRQVDQG3HUPLWVDVIROORZV

,I\RXGHVLUHWRGLVFKDUJHWRWKHVDQLWDU\VHZHU\RXPXVWUHFHLYHSULRUSHUPLVVLRQIURPWKH(DVW%D\ 0XQLFLSDO8WLOLW\'LVWULFW
(%08'
:DVWHZDWHU&ROOHFWLRQ6XSHUYLVRUDQG WKH&LW\)OXVKLQJZDWHUOLQHV PXVWFRPSO\ZLWK6HFWLRQ
,ISHUPLVVLRQWRGLVFKDUJHUHTXLUHVDQ,QGXVWULDO8VHU'LVFKDUJH3HUPLW\RXPXVWVXEPLWDQ,QGXVWULDO 8VHU 'LVFKDUJH 3HUPLW $SSOLFDWLRQ WR (%08'¶V :DVWHZDWHU &ROOHFWLRQ 6XSHUYLVRU DQG WKH &LW\ (QYLURQPHQWDO3URJUDPV0DQDJHU<RXPXVWFRPSO\ZLWKDOOFRQGLWLRQVRIWKHLVVXHGSHUPLWDQGSD\DOO

%
DSSOLFDEOHIHHV0DLQWDLQSURRIRIDXWKRUL]DWLRQWRGLVFKDUJHDWWKHMREVLWHDWDOOWLPHVDQGSURYLGHWKDW LQIRUPDWLRQWR(QJLQHHUXSRQUHTXHVW
$Q$ODPHGD&RXQW\)LUH3URWHFWLRQ'LVWULFW
DND)LUH'HSDUWPHQW
SHUPLWLVUHTXLUHGSULRUWRFURVVLQJ
DQ\OLTXLGSHWUROHXPRUKLJKSUHVVXUHJDVPDLQ,IDSULRUHQFURDFKPHQWFRQIOLFWVZLWK WKHSURSRVHG ZRUN\RXPXVW DUUDQJH IRU DQ\QHFHVVDU\ UHPRYDO RU UHORFDWLRQZLWK WKHSULRU SHUPLWWHH$Q\VXFK UHPRYDORUUHORFDWLRQZLOOEHDWQRH[SHQVHWRWKH&LW\ %HIRUHXVLQJH[SORVLYHVLQZRUN\RXPXVWUHFHLYHDXWKRUL]DWLRQIURPWKH(QJLQHHUDQGREWDLQDSHUPLW IRUXVH IURP WKH $ODPHGD&RXQW\ )LUH3URWHFWLRQ'LVWULFW DND )LUH'HSDUWPHQW
<RXPD\ DOVREH
UHTXLUHGWRLQFUHDVHWKHDPRXQWRILQVXUDQFHFRYHUDJHLILQWKHRSLQLRQRIWKH(QJLQHHU\RXULQVXUDQFH GRHVQRWLQFOXGHVXIILFLHQWFRYHUDJHIRUXVHRIH[SORVLYHV 6(&7,2168%0,77$/6
6(&7,21$*(1(5$/
5HSODFH6HFWLRQ$*HQHUDOZLWKWKHIROORZLQJ

6XEPLWWDOVDUHUHTXLUHGIRU
L
PDWHULDOVDQGHTXLSPHQWQRWVSHFLILHGE\VWDQGDUGVRUDWUDGHQDPHDQG QXPEHU
LL
IRU ZRUNLQJ GUDZLQJV 6XEPLWWDOV DUH DOVR UHTXLUHG ZKHQ VSHFLILHG LQ WKH FRQWUDFW GRFXPHQWVDQG5HJXODWRU\5HTXLUHPHQWV
:KHUHSURGXFWVDUHFOHDUO\LGHQWLILHGE\VWDQGDUGVRUWUDGHQDPHVDQGQRVXEVWLWXWLRQLVSURSRVHGQR VXEPLWWDOLVUHTXLUHG
6XEPLWDGHTXDWHGHVFULSWLYHLQIRUPDWLRQ IURPZKLFK WKH(QJLQHHUFDQGHWHUPLQHLI WKHSURSRVHG L

PDWHULDOV
LL
HTXLSPHQW RU
LLL
ZRUNLQJ GUDZLQJV DUH LQ FRPSOLDQFH WR WKH GHVLJQ FRQFHSW DQG LQ FRPSOLDQFHZLWKWKHFRQWUDFWGRFXPHQWV6XEPLWWDOPXVWFRQVLVWRI L
GUDZLQJV
LL
VSHFLILFDWLRQV
LLL

FDOFXODWLRQV
LY
GHVFULSWLYHGDWD
Y
FHUWLILFDWHV
YL
VDPSOHV
YLL
06'6VKHHWV
YLLL
WHVWUHVXOWVDQG

L[
LQIRUPDWLRQUHTXLUHGLQWKHVSHFLILFDWLRQV
6XEPLWWDOZLOOEHUHYLHZHGIRUJHQHUDOFRPSOLDQFHZLWKWKHGHVLJQFRQFHSWDQGJHQHUDOFRPSOLDQFHZLWKWKH LQIRUPDWLRQ JLYHQ LQ WKH FRQWUDFW GRFXPHQWV 6XEPLWWDOV ZLOO QRW EH UHYLHZHG IRU L
TXDQWLWLHV
LL

GLPHQVLRQV
LLL
FRRUGLQDWLRQZLWKWKHZRUNRIRWKHUWUDGHVRU
LY
FRQVWUXFWLRQVDIHW\SUHFDXWLRQVDOO
RIZKLFKDUH\RXUVROHUHVSRQVLELOLW\5HYLHZRIDVSHFLILFLWHPGRHVQRWLQGLFDWHDFFHSWDQFHRIDQDVVHPEO\ RIZKLFKWKHLWHPLVDFRPSRQHQW7KH(QJLQHHUDQGFRQWUDFWGHVLJQHUDUHQRWUHTXLUHGWRUHYLHZDQGZLOO QRWEHUHVSRQVLEOHIRUDQ\GHYLDWLRQVIURPWKHFRQWUDFWGRFXPHQWVQRWFOHDUO\QRWHG3DUWLDOVXEPLWWDOVDQG SDUWLDOJURXSHGVXEPLWWDOVZLOOQRWEHUHYLHZHG
6(&7,21$

&225',1$7,21
$GG6HFWLRQ$

&RRUGLQDWLRQDVIROORZV

6XEPLWWDOVPXVWEHIXUQLVKHGE\\RXWRWKH(QJLQHHU<RXPXVWFRRUGLQDWHFRPSLOHDQGVXEPLWDOOUHTXLUHG VXEPLWWDOVIURPVXSSOLHUVDQGVXEFRQWUDFWRUVWRWKH(QJLQHHU$OOFRPPXQLFDWLRQVEHWZHHQ\RXDQGD FRQWUDFWGHVLJQHUPXVWEHZULWWHQDQGVXEPLWWHGWRWKH(QJLQHHUWRIXUQLVKWRFRQWUDFWGHVLJQHU 6(&7,21$

25*$1,=$7,21
$GG6HFWLRQ$

2UJDQL]DWLRQDVIROORZV

6XEPLWWDOVPXVWEHDFFRPSDQLHGZLWKDWUDQVPLWWDO&RQWUDFWRUDQG&LW\VKDOOFRRUGLQDWHUHJDUGLQJDQ DSSURSULDWHDQGDFFHSWDEOHLQGH[LQJV\VWHPWRDFFRPSDQ\WUDQVPLWWDOV 6(&7,21''(9,$7,21)520&2175$&7
$GG6HFWLRQ''HYLDWLRQIURP&RQWUDFWDVIROORZV

%

,I\RXSURSRVHWRSURYLGHDQ\PDWHULDOHTXLSPHQWRUZRUNLQJGUDZLQJVZKLFKGHYLDWHVIURPWKHFRQWUDFW UHTXLUHPHQWVLQGLFDWHWKLVRQWKHWUDQVPLWWDOIRUPDFFRPSDQ\LQJWKHVXEPLWWDO,QWKHWUDQVPLWWDOSURYLGH DEULHIGHVFULSWLRQRIVXEPLWWDODQGZK\WKHGHYLDWLRQLVUHTXHVWHGDQGFRPSDUHWKHPDWHULDOFRDWLQJV PHFKDQLFDOIXQFWLRQVHQHUJ\HIILFLHQF\DQGZDUUDQW\GLIIHUHQFHVEHWZHHQWKHPDWHULDOVSHFLILHGDQGWKH PDWHULDOVXEPLWWHG
6(&7,21(68%0,77$/&203/(7(1(66
$GG6HFWLRQ(6XEPLWWDO&RPSOHWHQHVVDVIROORZV

6XEPLWWDOVZKLFKGRQRWFRQWDLQDOOWKHLQIRUPDWLRQUHTXLUHGWRDOORZWKH(QJLQHHUWRPDNHDGHWHUPLQDWLRQ DVWRWKHVXEPLWWDO¶VDFFHSWDELOLW\DQGFRPSOLDQFHZLWKWKHSURMHFWGRFXPHQWVZLOOEHUHWXUQHGZLWKRXWD FRPSOHWHUHYLHZ$UHVXEPLWWDOPXVWEHPDGH
6(&7,21)68%0,77$/3$&.$*(
$GG6HFWLRQ)6XEPLWWDO3DFNDJHDVIROORZV

*URXSVXEPLWWDOVDUHWREHPDGHWRH[SHGLWHWKHUHYLHZSURFHVVDQGWRUHGXFHWKHOLNHOLKRRGRIFRQIOLFWV DPRQJVXEPLWWDOV6XEPLWWDOVIRUYDULRXVLWHPVPXVWEHPDGHDVDVLQJOHVXEPLWWDOZKHQWKHLWHPVWDNHQ WRJHWKHU FRQVWLWXWH D PDQXIDFWXUHU
V SDFNDJH RU DUH VR IXQFWLRQDOO\ UHODWHG WKDW H[SHGLHQF\ LQGLFDWHV FKHFNLQJRUUHYLHZRIWKHJURXSRUSDFNDJHDVDZKROH&RQYHUVHO\YDULRXVLWHPVZKLFKDUHQRWIXQFWLRQDOO\ UHODWHGPXVW EH VXEPLWWHGVHSDUDWHO\ 6XEPLWWDO SDFNDJHVZKLFKDUH QRW DSSURSULDWHO\JURXSHGZLOO EH UHWXUQHGZLWKRXWUHYLHZ3URYLGHRQHFRPSOHWHSRUWDEOHGRFXPHQWIRUPDW 3')
ILOHRIHDFKVXEPLWWDOWR
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
$GG6HFWLRQ*5HWXUQHG6XEPLWWDOVDVIROORZV

5HWXUQHGVXEPLWWDOVZLOOLQGLFDWHRQHRIWKHIROORZLQJDFWLRQV 1R([FHSWLRQV7DNHQ±7KHUHYLHZLQGLFDWHVWKDWWKHPDWHULDOHTXLSPHQWRUZRUNPHWKRGLV LQFRPSOLDQFHZLWKWKHGHVLJQFRQFHSWDQGFRPSOLHVZLWKWKHFRQWUDFWGRFXPHQWV<RXPD\ EHJLQLPSOHPHQWLQJWKHZRUNPHWKRGRULQFRUSRUDWHWKHPDWHULDORUHTXLSPHQWFRYHUHGE\ WKHVXEPLWWDO
0DNH &RUUHFWLRQV 1RWHG ± 7KH UHYLHZ LQGLFDWHV OLPLWHG FRUUHFWLRQV DUH UHTXLUHG WR WKH VXEPLWWDOLQRUGHUIRUWKHPDWHULDOHTXLSPHQWRUZRUNPHWKRGWREHLQFRPSOLDQFHZLWKWKH GHVLJQFRQFHSWDQGWRFRPSO\ZLWKWKHFRQWUDFWGRFXPHQWV<RXPD\EHJLQLPSOHPHQWLQJWKH ZRUN PHWKRG RU LQFRUSRUDWLQJ WKH PDWHULDO DQG HTXLSPHQW FRYHUHG E\ WKH VXEPLWWDO LQ FRPSOLDQFHZLWKWKHQRWHGFRUUHFWLRQV:KHUHVXEPLWWDOLQIRUPDWLRQZLOOEHLQFRUSRUDWHGLQ 2SHUDWLRQDQG0DLQWHQDQFHGDWDDFRUUHFWHGFRS\PXVWEHSURYLGHG 5HYLVH DQG 5HVXEPLW ± 7KH UHYLHZ LQGLFDWHV WKDW WKH VXEPLWWDO LV LQVXIILFLHQW RU FRQWDLQV LQFRUUHFWGDWD([FHSWDW\RXURZQULVN\RXPD\QRWXQGHUWDNHZRUNFRYHUHGE\WKLVVXEPLWWDO XQWLOLWKDVEHHQUHYLVHGUHVXEPLWWHGDQGUHWXUQHGPDUNHGHLWKHU1RH[FHSWLRQVWDNHQRU 0DNHFRUUHFWLRQVQRWHG
5HMHFWHG ± 7KH UHYLHZ LQGLFDWHV WKDW WKH PDWHULDO HTXLSPHQW RU ZRUN PHWKRG LV QRW LQ FRPSOLDQFH ZLWK WKH GHVLJQ FRQFHSW DQG QRW LQ FRPSOLDQFH ZLWK WKH FRQWUDFW GRFXPHQWV ([FHSWDW\RXURZQULVN\RXPD\QRWXQGHUWDNHWKHZRUNFRYHUHGE\VXFKVXEPLWWDOVXQWLOD QHZVXEPLWWDOLVPDGHDQGUHWXUQHGPDUNHGHLWKHU1RH[FHSWLRQVWDNHQRU0DNHFRUUHFWLRQV QRWHG
,QIRUPDWLRQ 2QO\ ± 7KH UHYLHZ LQGLFDWHV WKDW WKH VXEPLWWDO FRQWDLQV FRQWUDFW UHTXLUHG LQIRUPDWLRQ

%
6(&7,21+5(63216,%,/,7<
$GG6HFWLRQ+5HVSRQVLELOLW\DVIROORZV

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
6(&7,21,&+$5*(6)257+,5'3$57<68%0,77$/5(9,(: $GG6HFWLRQ,&KDUJHVIRU7KLUG3DUW\6XEPLWWDO5HYLHZDVIROORZV
7KH(QJLQHHUZLOODOORZXSWRWZRUHYLHZVRIHDFKVXEPLWWDO,I&RQWUDFWRULVUHTXLUHGWRPDNHDWKLUGRU VXEVHTXHQW VXEPLWWDO IRU DQ\ LWHP WKHQ WKH FRVWV RI WKH DGGLWLRQDO UHYLHZV ZLOO EH DW &RQWUDFWRU¶V H[SHQVH7KHFRVWRIWKHUHYLHZZLOOEHGHGXFWHGIURPSD\PHQWVGXH7KHFRVWRIWKHUHYLHZE\FRQWUDFW SURIHVVLRQDOVHUYLFHVZLOOEHRQDWLPHDQGPDWHULDOVEDVLVDWVWDQGDUGFRPSDQ\ELOOLQJUDWHV%LOOLQJIRU WKLVH[SHQVHZLOOEHLQFRPSOLDQFHZLWK6HFWLRQ

6(&7,21&216758&7,216859(<6
5HSODFH6HFWLRQ&RQVWUXFWLRQ6XUYH\VZLWKWKHIROORZLQJ

$*HQHUDO
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
%3D\PHQW
)XOOFRPSHQVDWLRQIRUZRUNVSHFLILHGLQ6HFWLRQ$DQGDSSOLFDEOHHQJLQHHULQJVWDQGDUGVLVLQFOXGHG LQWKHSD\PHQWIRURWKHUELGLWHPVXQOHVVDELGLWHPRIZRUNLVVKRZQRQWKHELGLWHPOLVW 6(&7,21(&+$1*(25'(5%,//6
5HSODFH6HFWLRQ(&KDQJH2UGHU%LOOVZLWKWKHIROORZLQJ
&RQWUDFWRU PXVW GHOLYHU DOO &KDQJH 2UGHU %LOOV DQG VXSSRUW GRFXPHQWV DQG GLVSXWHG ZRUN GDLO\ DJUHHPHQWVLQZULWLQJWRWKH(QJLQHHU$&KDQJH2UGHU%LOOZLOOQRWEHDFFHSWHGE\WKH(QJLQHHUXQOHVV SULRU DSSURYDO IRU WKH ZRUN KDV EHHQ JLYHQ $ FKDQJH RUGHU LV DSSURYHG ZKHQ &RQWUDFWRU DQG WKH (QJLQHHUKDYHHDFKDSSURYHGLWLQZULWLQJ
6(&7,21$5($6)2586(
$GGWR6HFWLRQ$$UHDVIRU8VHWKHIROORZLQJ

3HUVRQDOYHKLFOHVRIFRQWUDFWRUHPSOR\HHVFRQVWUXFWLRQHTXLSPHQWDQGWKHFRQWUDFWRU¶VYHKLFOHPXVWEH SDUNHGLQDUHDVDSSURYHGE\WKH(QJLQHHU
6(&7,213523(57<$1')$&,/,7,(635(6(59$7,21
6(&7,21$*(1(5$/

%
$GGWR6HFWLRQ$*HQHUDOWKHIROORZLQJ

,QIUDVWUXFWXUH
VWUHHWVXUIDFLQJ
WUDIILFVWULSHV
SDYHPHQWPDUNLQJVDQGPDUNHUV
VXUYH\PRQXPHQWV
EHQFKPDUNV
XWLOLWLHV

WUHHV
WUDIILFVLJQDOHTXLSPHQWLQFOXGLQJLQWHUFRQQHFWLQJFRQGXFWRUV RWKHUSXEOLFIL[WXUHV
(9FKDUJLQJVWDWLRQVDQGUHODWHGFRQGXLW
&RQWUDFWRUVKDOOFRPSO\ZLWK&DOLIRUQLD*RYHUQPHQW&RGHHWVHT&RQWUDFWRUVKDOOQRWLI\ WKH (QJLQHHUDWOHDVWEXVLQHVVGD\VEHIRUH&RQWUDFWRUFRQWDFWVWKHUHJLRQDOQRWLILFDWLRQFHQWHU)DLOXUHWR FRQWDFWWKHQRWLILFDWLRQFHQWHUSURKLELWVH[FDYDWLRQ
5HVWRUHIDFLOLWLHVLQNLQGLQFRPSOLDQFHZLWKDSSURSULDWHVSHFLILFDWLRQVVWDQGDUGVDQGSODQV 0RQXPHQWVDQGEHQFKPDUNVPXVWFRPSO\ZLWK6HFWLRQ :KHUHWUHHVRUWUHHURRWVDUHSUHVHQWLQWKHZRUNDUHDWUHHSURWHFWLRQPXVWFRPSO\ZLWK6HFWLRQ $

J
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
'DPDJHWRSURSHUW\DQGIDFLOLWLHVPXVWEHUHSRUWHGLPPHGLDWHO\WRWKH(QJLQHHU 3ULRUWREHJLQQLQJZRUN&RQWUDFWRUVKDOOGHWHUPLQHWKHORFDWLRQRIDQ\XQGHUJURXQGIDFLOLWLHV&RQWUDFWRU VKDOOFRQWDFW8QGHUJURXQG6HUYLFH$OHUWDWDQGUHTXHVWDOOXWLOLW\OLQHVWREHPDUNHG 6(&7,21$

75(1&+/(6623(5$7,216
$GG6HFWLRQ$

7UHQFKOHVV2SHUDWLRQVDVIROORZV

:KHQDQ\ WUHQFKOHVVPHWKRGLVXVHG WRLQVWDOORUUHSDLUDXWLOLW\DOOSUHVVXUL]HGXWLOLW\OLQHVDQGVHZHU ODWHUDOVWKDWZLOOEHFURVVHGPXVWEHSRWKROHG2WKHU6WDWHRU)HGHUDOUHTXLUHPHQWVPD\DSSO\:KHQ FRPSOHWLQJZRUNE\DGLUHFWLRQDOERUH&RQWUDFWRUPXVW ILHOGORFDWHDQGYHULI\ WKHFRQGLWLRQ W\SH RI PDWHULDODQGGHSWKRIDOOVHUYLFHOLQHVDQGPDLQOLQHVWREHFURVVHG ,IWKHERUHZLOOSURYLGHDWOHDVWIHHWRIFOHDUDQFHIURPVHZHUODWHUDOVILHOGORFDWLQJRIVHZHUODWHUDOV PD\EHZDLYHGE\WKH(QJLQHHU
6(&7,21%/$1'6&$3(
$GGWR6HFWLRQ%/DQGVFDSHDVIROORZV

&RQWUDFWRUVKDOOUHSDLUPLQRUGDPDJH WR WXUIE\ WRSGUHVVLQJ WRFUHDWHDQHYHQJUDGHZLWKDPHQGHG WRSVRLODQGVHHGLQJZLWKDQDSSURYHGVHHGPL['DPDJHWRWXUILQH[FHVVRIVTXDUHIHHWPD\EH UHTXLUHGWREHUHSODFHGZLWKVRGLQ&LW\¶VVROHGLVFUHWLRQ

%
&5DLOURDG3URSHUW\
$GGWR6HFWLRQ&
,I WKH &RQWUDFW GRHV QRW LQFOXGH DQ DJUHHPHQW ZLWK D UDLOURDG FRPSDQ\ GR QRW DOORZ SHUVRQQHO RU HTXLSPHQW RQ UDLOURDG SURSHUW\ 3UHYHQW PDWHULDO HTXLSPHQW DQG GHEULV IURP IDOOLQJ RQWR UDLOURDG SURSHUW\
6(&7,21'121+,*+:$<)$&,/,7,(6
5HSODFH6HFWLRQ'1RQKLJKZD\)DFLOLWLHVZLWKWKHIROORZLQJ
%HIRUH VWDUWLQJ ZRUN WKDW FRXOG GDPDJH RU LQWHUIHUH ZLWK XQGHUJURXQG LQIUDVWUXFWXUH ORFDWH WKH LQIUDVWUXFWXUHGHVFULEHGLQ WKH&RQWUDFWLQFOXGLQJODWHUDOV DQG RWKHU DSSXUWHQDQFHV DQGGHWHUPLQH WKH SUHVHQFHRIRWKHUXQGHUJURXQGLQIUDVWUXFWXUHLQIHUUHGIURPYLVLEOHIDFLOLWLHVVXFKDVEXLOGLQJVPHWHUVDQG MXQFWLRQER[HV
8QGHUJURXQGLQIUDVWUXFWXUHGHVFULEHGLQWKH&RQWUDFWPD\EHLQGLIIHUHQWORFDWLRQVIURPWKRVHGHVFULEHG DQGDGGLWLRQDOLQIUDVWUXFWXUHPD\H[LVW
8SRQGLVFRYHULQJDQXQGHUJURXQGPDLQRUWUXQNOLQHQRWGHVFULEHGLQWKH&RQWUDFWLPPHGLDWHO\QRWLI\WKH (QJLQHHU DQG WKH LQIUDVWUXFWXUH RZQHU ,I WKH (QJLQHHU RUGHUV WKH ORFDWLQJ DQG SURWHFWLQJ RI WKH LQIUDVWUXFWXUH WKHQ WKH ORFDWLQJ DQG SURWHFWLQJ RI WKH LQIUDVWUXFWXUH LV FKDQJH RUGHU ZRUN ,I RUGHUHG &RQWUDFWRUVKDOO UHSDLULQIUDVWUXFWXUHGDPDJH ,I WKHGDPDJHLVQRWGXH WR&RQWUDFWRU¶VQHJOLJHQFH WKH UHSDLULVFKDQJHRUGHUZRUN
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
,I &RQWUDFWRU ZDQWV LQIUDVWUXFWXUH UHDUUDQJHPHQW GLIIHUHQW IURP WKDW GHVFULEHG LQ WKH &RQWUDFW &RQWUDFWRU VKDOO QRWLI\ WKH (QJLQHHU PDNH DQ DUUDQJHPHQW ZLWK WKH LQIUDVWUXFWXUHRZQHU REWDLQ DXWKRUL]DWLRQIRUWKHUHDUUDQJHPHQWIURPWKH(QJLQHHUDQGSD\WKHLQIUDVWUXFWXUHRZQHUDQ\DGGLWLRQDO FRVW
7KH&LW\GRHVQRWDGMXVWWLPHRUSD\PHQWIRUDUHDUUDQJHPHQWGLIIHUHQWIURPWKDWGHVFULEHGLQWKH &RQWUDFW
6(&7,21(6859(<02180(176
$GGWR6HFWLRQ(6XUYH\0RQXPHQWVDVIROORZV

&RQWUDFWRUVKDOOSURWHFWDOOVXUYH\PRQXPHQWVRQDQGRIIWKHKLJKZD\

%
$OOVXUYH\DQGFRQVWUXFWLRQPDLQWHQDQFHRURWKHUZRUNPXVWEHSHUIRUPHGFRQVLVWHQWZLWK6HFWLRQ DQGRIWKH&DOLIRUQLD%XVLQHVV 3URIHVVLRQV&RGH0RQXPHQWVDQGEHQFKPDUNVPXVWEHVHWE\ D/LFHQVHG/DQG6XUYH\RURUD5HJLVWHUHG&LYLO(QJLQHHUSURSHUO\OLFHQVHGWRFRPSOHWHVXUYH\ZRUN7KH &LW\UHVHUYHVWKHULJKWWRUHYLHZWKH/DQG6XUYH\RURU(QJLQHHU VOLFHQVHWRGHWHUPLQHLWVYDOLGLW\
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¶VRURZQHU¶VH[SHQVH
8SRQ GLVFRYHU\ RI D VXUYH\ PRQXPHQW QRW LGHQWLILHG DQG ORFDWHG LPPHGLDWHO\ VWRS ZRUN QHDU WKH PRQXPHQWDQGQRWLI\WKH(QJLQHHU'RQRWUHVXPHZRUNQHDUWKHPRQXPHQWXQWLODXWKRUL]HGE\WKH (QJLQHHU
6(&7,210$,17(1$1&($1'3527(&7,215(/,()
$GGWR6HFWLRQ0DLQWHQDQFHDQG3URWHFWLRQ5HOLHIDVIROORZV
+RZHYHUQRWKLQJLQWKLV6HFWLRQSURYLGLQJIRUUHOLHIIURPPDLQWHQDQFHDQGUHVSRQVLELOLW\ZLOOEH FRQVWUXHG DV UHOLHYLQJ &RQWUDFWRU RI IXOO UHVSRQVLELOLW\ IRU FRUUHFWLQJ DQ\ GHIHFWLYHZRUN RUPDWHULDOV IRXQGDWDQ\WLPH
6(&7,21
'$0$*(5(3$,5$1'5(6725$7,21
6(&7,21
$*(1(5$/
$GGWR6HFWLRQ
$*HQHUDODVIROORZV

&RQWUDFWRUPXVWLPPHGLDWHO\UHSDLURULQVWDOODSSURYHGDOWHUQDWHWRDQ\IDFLOLW\PLVVLQJGDPDJHGRUQRQ RSHUDWLRQDODVDUHVXOWRILWVZRUNSULRUWRFRQWLQXLQJZLWKWKHRWKHU&RQWUDFWZRUN,IWKHUHSDLUVDUHQRW PDGHDVUHTXLUHG&RQWUDFWRUDJUHHVWRWKHFRVWRIWKRVHUHSDLUVPDGHE\RWKHUVDWWKH&LW\¶VGLUHFWLRQLQ FRPSOLDQFHZLWK6HFWLRQ

6(&7,21
&/$1'6&$3('$0$*(
6(&7,21
&

*(1(5$/
$GGWRWKHHQGRIWKHVWSDUDJUDSKRI6HFWLRQ
&

*HQHUDODVIROORZV

RUSHUPDQHQWHURVLRQFRQWUROHVWDEOLVKPHQW

%
&21752/2)0$7(5,$/6
7KH%LGGHU
VDWWHQWLRQLVGLUHFWHGWRWKHSURYLVLRQVLQ'LYLVLRQ,6HFWLRQ&RQWURORI0DWHULDOVRIWKH &DOWUDQV6WDQGDUG6SHFLILFDWLRQVDVPRGLILHGE\WKHVHVSHFLDOSURYLVLRQVDVVHWIRUWKEHORZIRU WKHUHTXLUHPHQWVDQGFRQGLWLRQVZKLFKKHVKHPXVWREVHUYHLQ WKHSUHSDUDWLRQRI WKHSURSRVDO IRUP DQGWKHVXEPLVVLRQRIWKHELG
5HSODFH 'HOHWH RU $GG WR 'LYLVLRQ , 6HFWLRQ &RQWURO RI 0DWHULDOV RI WKH &DOWUDQV 6WDQGDUG6SHFLILFDWLRQVDVIROORZV

6(&7,21%8<$0(5,&$
$GGWR6HFWLRQ%X\$PHULFDDVIROORZV

7KLVVHFWLRQLVDSSOLFDEOHRQO\DVGLUHFWHGLQWKHVSHFLDOSURYLVLRQV 6(&7,2163(&,),&%5$1'2575$'(1$0($1'68%67,787,21 5HSODFH6HFWLRQ6SHFLILF%UDQG2U7UDGH1DPH$QG6XEVWLWXWLRQZLWKWKH

IROORZLQJ

:KHQHYHUWKHVSHFLILFDWLRQVSHUPLWWKHVXEVWLWXWLRQRIDVLPLODURUHTXLYDOHQWPDWHULDORUDUWLFOHQRWHVWV RUDFWLRQUHODWLQJWRWKHDSSURYDORIWKHVXEVWLWXWHPDWHULDOZLOOEHPDGHXQWLO&RQWUDFWRU¶VUHTXHVWIRU VXEVWLWXWLRQLVPDGHLQZULWLQJDFFRPSDQLHGE\FRPSOHWHGDWDDVWRWKHHTXDOLW\RIWKHPDWHULDORUDUWLFOH SURSRVHG7KHUHTXHVWPXVWEHPDGHDPLQLPXPRI WHQZRUNLQJGD\VSULRU WR WKHELGRSHQLQJGDWH LGHQWLILHGLQWKH1RWLFHWR%LGGHUV
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
6(&7,21*(1(5$/
6(&7,21$*(1(5$/
0RGLI\WDEOHLQWKSDUDJUDSKUHJDUGLQJ&DOLIRUQLD7HVWIRU5HODWLYHFRPSDFWLRQZLWKWKH

IROORZLQJ

7HVWLQJPHWKRGIRU5HODWLYH&RPSDFWLRQLV

$670'
$670'

$670'
6(&7,21%$87+25,=(')$&,/,7<$8',7/,676
'HOHWH6HFWLRQ%$XWKRUL]HG)DFLOLW\$XGLW/LVWV 6(&7,21&$87+25,=('0$7(5,$//,676
'HOHWH6HFWLRQ&$XWKRUL]HG0DWHULDO/LVWV

%
/(*$/5(/$7,216$1'5(63216,%,/,7<727+(38%/,&
7KH %LGGHU
V DWWHQWLRQ LV GLUHFWHG WR WKH SURYLVLRQV LQ 'LYLVLRQ , 6HFWLRQ /HJDO 5HODWLRQV $QG 5HVSRQVLELOLW\7R7KH3XEOLFRIWKH&DOWUDQV6WDQGDUG6SHFLILFDWLRQVODWHVWHGLWLRQDVPRGLILHGE\WKHVH VSHFLDOSURYLVLRQVDVVHWIRUWKEHORZIRUWKHUHTXLUHPHQWVDQGFRQGLWLRQVZKLFKKHVKHPXVWREVHUYHLQ WKHSUHSDUDWLRQRIWKHSURSRVDOIRUPDQGWKHVXEPLVVLRQRIWKHELG 5HSODFH'HOHWHRU$GGWR'LYLVLRQ,6HFWLRQ/HJDO5HODWLRQV$QG5HVSRQVLELOLW\7R7KH 3XEOLFRIWKH&DOWUDQV6WDQGDUG6SHFLILFDWLRQVDVIROORZV

6(&7,21,

121',6&5,0,1$7,21
5HSODFH6HFWLRQ,

1RQGLVFULPLQDWLRQZLWKWKHIROORZLQJ

8QGHU&$&RGHRI5HJV

'XULQJWKHSHUIRUPDQFHRIWKLVFRQWUDFWWKHUHFLSLHQWFRQWUDFWRUDQGLWVVXEFRQWUDFWRUVVKDOOQRW GHQ\ WKHFRQWUDFW
VEHQHILWV WRDQ\SHUVRQRQ WKHEDVLVRI UDFH UHOLJLRXVFUHHGFRORUQDWLRQDO RULJLQ DQFHVWU\ SK\VLFDO GLVDELOLW\ PHQWDO GLVDELOLW\ PHGLFDO FRQGLWLRQ JHQHWLF LQIRUPDWLRQ PDULWDOVWDWXVVH[JHQGHUJHQGHULGHQWLW\JHQGHUH[SUHVVLRQDJHVH[XDORULHQWDWLRQRUPLOLWDU\ DQGYHWHUDQVWDWXVQRUVKDOOWKH\GLVFULPLQDWHXQODZIXOO\DJDLQVWDQ\HPSOR\HHRUDSSOLFDQWIRU HPSOR\PHQWEHFDXVHRIUDFHUHOLJLRXVFUHHGFRORUQDWLRQDORULJLQDQFHVWU\SK\VLFDOGLVDELOLW\ PHQWDO GLVDELOLW\ PHGLFDO FRQGLWLRQ JHQHWLF LQIRUPDWLRQ PDULWDO VWDWXV VH[ JHQGHU JHQGHU LGHQWLW\ JHQGHU H[SUHVVLRQ DJH VH[XDO RULHQWDWLRQ RUPLOLWDU\ DQG YHWHUDQ VWDWXV &RQWUDFWRU VKDOOLQVXUHWKDWWKHHYDOXDWLRQDQGWUHDWPHQWRIHPSOR\HHVDQGDSSOLFDQWVIRUHPSOR\PHQWDUH IUHHRIVXFKGLVFULPLQDWLRQ
&RQWUDFWRUVKDOOFRPSO\ZLWKWKHSURYLVLRQVRIWKH)DLU(PSOR\PHQWDQG+RXVLQJ$FW *RY&RGH

HWVHT
WKH UHJXODWLRQVSURPXOJDWHG WKHUHXQGHU
&DO&RGH5HJV WLW HW
VHT
WKHSURYLVLRQVRI$UWLFOH
&KDSWHU3DUW'LYLVLRQ7LWOHRIWKH*RYHUQPHQW&RGH

*RY&RGH

DQGWKHUHJXODWLRQVRUVWDQGDUGVDGRSWHGE\WKHDZDUGLQJVWDWH DJHQF\WRLPSOHPHQWVXFKDUWLFOH
&RQWUDFWRU RU UHFLSLHQW VKDOO SHUPLW DFFHVV E\ UHSUHVHQWDWLYHV RI WKH 'HSDUWPHQW RI )DLU (PSOR\PHQW DQG+RXVLQJ DQG WKH DZDUGLQJ VWDWH DJHQF\ XSRQ UHDVRQDEOH QRWLFH DW DQ\ WLPH GXULQJWKHQRUPDOEXVLQHVVKRXUVEXWLQQRFDVHOHVVWKDQKRXUV QRWLFHWRVXFKRILWVERRNV
UHFRUGV DFFRXQWV DQG DOO RWKHUVRXUFHV RILQIRUPDWLRQ DQGLWV IDFLOLWLHV DV VDLG'HSDUWPHQW RU $JHQF\VKDOOUHTXLUHWRDVFHUWDLQFRPSOLDQFHZLWKWKLVFODXVH 5HFLSLHQWFRQWUDFWRUDQGLWVVXEFRQWUDFWRUVVKDOOJLYHZULWWHQQRWLFHRIWKHLUREOLJDWLRQVXQGHUWKLV FODXVHWRODERURUJDQL]DWLRQVZLWKZKLFKWKH\KDYHDFROOHFWLYHEDUJDLQLQJRURWKHUDJUHHPHQW 7KHFRQWUDFWRUVKDOOLQFOXGHWKHQRQGLVFULPLQDWLRQDQGFRPSOLDQFHSURYLVLRQVRIWKLVFODXVHLQDOO VXEFRQWUDFWVWRSHUIRUPZRUNXQGHUWKHFRQWUDFW
8QGHU&$&RGHRI5HJV

67$1'$5' &$/,)251,$ 121',6&5,0,1$7,21 &216758&7,21 &2175$&7 63(&,),&$7,216
*29&2'(6(&7,21

7KHVH VSHFLILFDWLRQV DUH DSSOLFDEOH WR DOO VWDWH FRQWUDFWRUV DQG VXEFRQWUDFWRUV KDYLQJ DFRQVWUXFWLRQ FRQWUDFWRUVXEFRQWUDFWRIRUPRUH
$VXVHGLQWKHVSHFLILFDWLRQV

D $FWPHDQVWKH)DLU(PSOR\PHQWDQG+RXVLQJ$FW
E $GPLQLVWUDWRU PHDQV $GPLQLVWUDWRU 2IILFH RI &RPSOLDQFH 3URJUDPV &DOLIRUQLD 'HSDUWPHQWRI)DLU(PSOR\PHQWDQG+RXVLQJRUDQ\SHUVRQWRZKRPWKH$GPLQLVWUDWRU GHOHJDWHVDXWKRULW\

:KHQHYHUWKHFRQWUDFWRURUDQ\VXEFRQWUDFWRUVXEFRQWUDFWVDSRUWLRQRIWKHZRUNLWVKDOOLQFOXGH LQHDFKVXEFRQWUDFWRIRUPRUHWKHQRQGLVFULPLQDWLRQFODXVHLQWKLVFRQWUDFWGLUHFWO\RU WKURXJK LQFRUSRUDWLRQ E\ UHIHUHQFH $Q\ VXEFRQWUDFW IRUZRUN LQYROYLQJ D FRQVWUXFWLRQ WUDGH

%
VKDOODOVRLQFOXGHWKH6WDQGDUG&DOLIRUQLD&RQVWUXFWLRQ&RQWUDFW6SHFLILFDWLRQVHLWKHUGLUHFWO\RU WKURXJKLQFRUSRUDWLRQE\UHIHUHQFH
7KHFRQWUDFWRUVKDOOLPSOHPHQWWKHVSHFLILFQRQGLVFULPLQDWLRQVWDQGDUGVSURYLGHGLQSDUDJUDSKV
D
WKURXJK
H
RIWKHVHVSHFLILFDWLRQV
1HLWKHU WKHSURYLVLRQVRIDQ\FROOHFWLYHEDUJDLQLQJDJUHHPHQWQRU WKH IDLOXUH E\DXQLRQZLWK ZKRP WKH FRQWUDFWRU KDV D FROOHFWLYH EDUJDLQLQJ DJUHHPHQW WR UHIHU PHPEHUV RI DQ\ JURXS SURWHFWHG E\ WKH $FW VKDOO H[FXVH WKH FRQWUDFWRU V REOLJDWLRQV XQGHU WKHVH VSHFLILFDWLRQV
*RYHUQPHQW&RGHVHFWLRQ

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
,Q RUGHU IRU WKH QRQZRUNLQJ WUDLQLQJKRXUV RI DSSUHQWLFHV DQG WUDLQHHV WREH FRXQWHGVXFK DSSUHQWLFHVDQGWUDLQHHVPXVWEHHPSOR\HGE\WKHFRQWUDFWRUGXULQJWKHWUDLQLQJSHULRGDQG WKHFRQWUDFWRUPXVWKDYHPDGHDFRPPLWPHQWWRHPSOR\WKHDSSUHQWLFHVDQGWUDLQHHVDWWKH FRPSOHWLRQRIWKHLUWUDLQLQJVXEMHFWWRWKHDYDLODELOLW\RIHPSOR\PHQWRSSRUWXQLWLHV7UDLQHHV PXVWEHWUDLQHGSXUVXDQWWRWUDLQLQJSURJUDPVDSSURYHGE\WKH86'HSDUWPHQWRI/DERURU WKH&DOLIRUQLD'HSDUWPHQWRI,QGXVWULDO5HODWLRQV
7KH FRQWUDFWRU VKDOO WDNH VSHFLILF DFWLRQV WR LPSOHPHQW LWV QRQGLVFULPLQDWLRQ SURJUDP 7KH HYDOXDWLRQRIWKHFRQWUDFWRU
VFRPSOLDQFHZLWKWKHVHVSHFLILFDWLRQVVKDOOEHEDVHGXSRQLWVHIIRUW WRDFKLHYHPD[LPXPUHVXOWVIURPLWVDFWLRQV7KHFRQWUDFWRUPXVWEHDEOHWRGHPRQVWUDWHIXOO\ LWVHIIRUWVXQGHUVWHSVDWKURXJKHEHORZ

D (QVXUH DQG PDLQWDLQ D ZRUNLQJ HQYLURQPHQW IUHH RI KDUDVVPHQW LQWLPLGDWLRQ DQG FRHUFLRQDWDOOVLWHVDQGDWDOOIDFLOLWLHVDWZKLFKWKHFRQWUDFWRU VHPSOR\HHVDUHDVVLJQHG
WRZRUN7KHFRQWUDFWRUVKDOOVSHFLILFDOO\HQVXUHWKDWDOOIRUHPHQVXSHULQWHQGHQWVDQG RWKHURQVLWHVXSHUYLVRU\SHUVRQQHODUHDZDUHRIDQGFDUU\RXWWKHFRQWUDFWRU VREOLJDWLRQV
WRPDLQWDLQVXFKDZRUNLQJHQYLURQPHQW
E 3URYLGHZULWWHQQRWLILFDWLRQZLWKLQVHYHQGD\VWRWKHGLUHFWRURIWKH')(+ZKHQWKHUHIHUUDO SURFHVV RI WKH XQLRQ RU XQLRQV ZLWK ZKLFK WKH FRQWUDFWRU KDV D FROOHFWLYH EDUJDLQLQJ DJUHHPHQWKDVLPSHGHGWKHFRQWUDFWRU
VHIIRUWVWRPHHWLWVREOLJDWLRQV
F 'LVVHPLQDWHWKHFRQWUDFWRU
VHTXDOHPSOR\PHQWRSSRUWXQLW\SROLF\E\SURYLGLQJQRWLFHRI WKHSROLF\WRXQLRQVDQGWUDLQLQJUHFUXLWPHQWDQGRXWUHDFKSURJUDPVDQGUHTXHVWLQJWKHLU FRRSHUDWLRQ LQ DVVLVWLQJ WKH FRQWUDFWRU WR PHHW LWV REOLJDWLRQV DQG E\ SRVWLQJ WKH
FRPSDQ\ SROLF\ RQ EXOOHWLQ ERDUGV DFFHVVLEOH WR DOO HPSOR\HHV DW HDFK ORFDWLRQ ZKHUH FRQVWUXFWLRQZRUNLVSHUIRUPHG
G (QVXUHDOOSHUVRQQHOPDNLQJPDQDJHPHQWDQGHPSOR\PHQWGHFLVLRQVUHJDUGLQJKLULQJ DVVLJQPHQW OD\RII WHUPLQDWLRQ FRQGLWLRQV RI ZRUN WUDLQLQJ UDWHV RI SD\ RU RWKHU HPSOR\PHQW GHFLVLRQV LQFOXGLQJ DOO VXSHUYLVRU\ SHUVRQQHO VXSHULQWHQGHQWV JHQHUDO IRUHPHQ RQVLWH IRUHPHQ HWF DUH DZDUH RI WKH FRQWUDFWRU V HTXDO HPSOR\PHQW
RSSRUWXQLW\SROLF\DQGREOLJDWLRQVDQGGLVFKDUJHWKHLUUHVSRQVLELOLWLHVDFFRUGLQJO\ H (QVXUH WKDW VHQLRULW\ SUDFWLFHV MRE FODVVLILFDWLRQV ZRUN DVVLJQPHQWV DQG RWKHU SHUVRQQHO SUDFWLFHV GR QRW KDYH D GLVFULPLQDWRU\ HIIHFW E\ FRQWLQXDOO\PRQLWRULQJ DOO SHUVRQQHO DQG HPSOR\PHQW UHODWHG DFWLYLWLHV WR HQVXUH WKDW WKH HTXDO HPSOR\PHQW RSSRUWXQLW\SROLF\DQGWKHFRQWUDFWRU
VREOLJDWLRQVXQGHUWKHVHVSHFLILFDWLRQVDUHEHLQJ
FDUULHGRXW
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
ZRUNIRUFH SDUWLFLSDWLRQ DQG FDQ SURYLGH DFFHVV WR GRFXPHQWDWLRQ WKDW GHPRQVWUDWHV WKH

%
HIIHFWLYHQHVVRIDFWLRQVWDNHQRQEHKDOIRIWKHFRQWUDFWRU7KHREOLJDWLRQWRFRPSO\KRZHYHULV WKH&RQWUDFWRU
V
7KH FRQWUDFWRU LV UHTXLUHG WR SURYLGH HTXDO HPSOR\PHQW RSSRUWXQLW\ IRU DOO SHUVRQV &RQVHTXHQWO\ WKH FRQWUDFWRU PD\ EH LQ YLRODWLRQ RI WKH )DLU (PSOR\PHQW DQG +RXVLQJ $FW

*RYHUQPHQW &RGH VHFWLRQ

HW VHT
LI D SDUWLFXODU JURXS LV HPSOR\HG LQ D VXEVWDQWLDOO\ GLVSDUDWHPDQQHU

7KH FRQWUDFWRU VKDOO QRW XVH WKH QRQGLVFULPLQDWLRQ VWDQGDUGV WR GLVFULPLQDWH DJDLQVW DQ\ SHUVRQ EHFDXVH UDFH UHOLJLRXV FUHHG FRORU QDWLRQDO RULJLQ DQFHVWU\ SK\VLFDO GLVDELOLW\ PHQWDOGLVDELOLW\PHGLFDOFRQGLWLRQJHQHWLFLQIRUPDWLRQPDULWDOVWDWXVVH[JHQGHUJHQGHU LGHQWLW\JHQGHUH[SUHVVLRQDJHVH[XDORULHQWDWLRQRUPLOLWDU\DQGYHWHUDQVWDWXV 7KHFRQWUDFWRUVKDOOQRWHQWHULQWRDQ\VXEFRQWUDFWZLWKDQ\SHUVRQRUILUPGHFHUWLILHGIURPVWDWH FRQWUDFWVSXUVXDQWWR*RYHUQPHQW&RGHVHFWLRQ

7KHFRQWUDFWRUVKDOOFDUU\RXWVXFKVDQFWLRQVDQGSHQDOWLHVIRUYLRODWLRQRIWKHVHVSHFLILFDWLRQVDQG WKH QRQGLVFULPLQDWLRQ FODXVH LQFOXGLQJ VXVSHQVLRQ WHUPLQDWLRQ DQG FDQFHOODWLRQ RI H[LVWLQJ VXEFRQWUDFWVDVPD\EHLPSRVHGRURUGHUHGSXUVXDQWWR*RYHUQPHQW&RGHVHFWLRQ

DQGLWV
LPSOHPHQWLQJ UHJXODWLRQV E\ WKH DZDUGLQJ DJHQF\ $Q\ FRQWUDFWRU ZKR IDLOV WR FDUU\ RXW VXFK VDQFWLRQVDQGSHQDOWLHVVKDOOEHLQYLRODWLRQRIWKHVHVSHFLILFDWLRQVDQG*RYHUQPHQW&RGHVHFWLRQ

7KHFRQWUDFWRUVKDOOGHVLJQDWHDUHVSRQVLEOHRIILFLDOWRPRQLWRUDOOHPSOR\PHQWUHODWHGDFWLYLW\WR HQVXUH WKDW WKH FRPSDQ\ HTXDO HPSOR\PHQW RSSRUWXQLW\ SROLF\ LV EHLQJ FDUULHG RXW WR VXEPLW UHSRUWVUHODWLQJWRWKHSURYLVLRQVKHUHRIDVPD\EHUHTXLUHGE\2&3DQGWRNHHSUHFRUGV5HFRUGV VKDOODWOHDVWLQFOXGHIRUHDFKHPSOR\HHWKHQDPHDGGUHVVWHOHSKRQHQXPEHUVFRQVWUXFWLRQWUDGH XQLRQ DIILOLDWLRQLI DQ\ HPSOR\HHLGHQWLILFDWLRQQXPEHUZKHQ DVVLJQHGVWDWXV HJPHFKDQLF
DSSUHQWLFHWUDLQHHKHOSHURUODERUHU
GDWHVRIFKDQJHVLQVWDWXVKRXUVZRUNHGSHUZHHNLQWKH LQGLFDWHG WUDGH UDWH RI SD\ DQG ORFDWLRQV DWZKLFK WKHZRUNZDV SHUIRUPHG5HFRUGV VKDOO EH PDLQWDLQHGLQDQ\HDVLO\XQGHUVWDQGDEOHDQGUHWULHYDEOHIRUP KRZHYHUWRWKHGHJUHHWKDWH[LVWLQJ
UHFRUGVVDWLVI\WKLVUHTXLUHPHQWFRQWUDFWRUVVKDOOQRWEHUHTXLUHGWRPDLQWDLQVHSDUDWHUHFRUGV 6(&7,21./$%25&2'(
6(&7,21.

*(1(5$/
6(&7,21.

:$*(6
6(&7,21.

&(57,),('3$<52//5(&25'6
/$%25&2'(

5HSODFH6HFWLRQ.

*HQHUDO6HFWLRQ.

:DJHVDQG6HFWLRQ.

&HUWLILHG3D\UROO5HFRUGV
/DERU&RGH
ZLWKWKHIROORZLQJ

:RUNRQWKHMREVLWHPXVWFRPSO\ZLWK/DERU&RGHHWVHTDQG&$&RGHRI5HJXODWLRQV HW VHT :RUN LQFOXGHV URDGVLGH SURGXFWLRQ DQG SURFHVVLQJ RIPDWHULDOV DQG KDXOLQJ DQG GHOLYHU\ RI UHDG\PL[FRQFUHWH
/$%25&2'(5(48,5(0(176,QWKHSHUIRUPDQFHRIWKLV&RQWUDFW&RQWUDFWRU¶VDWWHQWLRQ LVGLUHFWHGWRWKHIROORZLQJUHTXLUHPHQWVRIWKH/DERU&RGH
$ +RXUV RI /DERU (LJKW KRXUV ODERU FRQVWLWXWHV D OHJDO GD\¶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

%
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
& 3D\UROO5HFRUGV (IIHFWLYH -DQXDU\&RQWUDFWRUDQGHDFKVXEFRQWUDFWRUVKDOO VXEPLW HOHFWURQLF FHUWLILHG SD\UROO UHFRUGV WR WKH &DOLIRUQLD /DERU &RPPLVVLRQHU LQ WKH PDQQHU DQG IRUPDWVHWIRUWKLQ&DOLIRUQLD/DERU&RGH6HFWLRQ7KH&RQWUDFWRU VDWWHQWLRQLVGLUHFWHGWRWKH
IROORZLQJSURYLVLRQVRI/DERU&RGH6HFWLRQ7KH&RQWUDFWRUVKDOOEHUHVSRQVLEOHIRUWKHFRPSOLDQFH ZLWKWKHVHSURYLVLRQVE\KLVVXEFRQWUDFWRUV

D
(DFKFRQWUDFWRUDQGVXEFRQWUDFWRUVKDOONHHSDQDFFXUDWHSD\UROOUHFRUGVKRZLQJWKH QDPHDGGUHVVVRFLDOVHFXULW\QXPEHUZRUNFODVVLILFDWLRQVWUDLJKW WLPHDQGRYHUWLPHKRXUV ZRUNHG HDFK GD\ DQG ZHHN DQG WKH DFWXDO SHU GLHP ZDJHV SDLG WR HDFK MRXUQH\PDQ DSSUHQWLFHZRUNHURURWKHUHPSOR\HHHPSOR\HGE\KLPRUKHULQFRQQHFWLRQZLWKWKHSXEOLF ZRUN
6XEPLWWHGFHUWLILHGSD\UROOVIRUKDXOLQJDQGGHOLYHULQJUHDG\PL[HGFRQFUHWHDQGRWKHURIIVLWH EDWFKPL[HGPDWHULDOVPXVWEHDFFRPSDQLHGE\DZULWWHQWLPHUHFRUG7KHWLPHUHFRUGPXVW

LQFOXGH

7UXFNGULYHU
VIXOOQDPHDQGDGGUHVV
1DPHDQGDGGUHVVRIWKHIDFWRU\RUEDWFKLQJSODQW
7LPHWKHFRQFUHWHZDVORDGHGDWWKHIDFWRU\RUEDWFKLQJSODQW 7LPHWKHWUXFNUHWXUQHGWRWKHIDFWRU\RUEDWFKLQJSODQW 7UXFN GULYHU
V VLJQDWXUH FHUWLI\LQJ XQGHU SHQDOW\ RI SHUMXU\ WKDW WKH LQIRUPDWLRQ FRQWDLQHGLQWKLVZULWWHQWLPHUHFRUGLVWUXHDQGFRUUHFW

E
7KHSD\UROO UHFRUGV HQXPHUDWHGXQGHUVXEGLYLVLRQ
D
VKDOOEHFHUWLILHG DQGVKDOOEH
DYDLODEOHIRULQVSHFWLRQDWDOOUHDVRQDEOHKRXUVDWWKHSULQFLSDORIILFHRIWKH&RQWUDFWRURQWKH IROORZLQJEDVLV

L
$ FHUWLILHG FRS\ RI DQ HPSOR\HH
V SD\UROO UHFRUG VKDOO EHPDGH DYDLODEOH IRU
LQVSHFWLRQ RU IXUQLVKHG WR VXFK HPSOR\HH RUKLV RUKHU DXWKRUL]HG UHSUHVHQWDWLYH RQ UHTXHVW

LL
$FHUWLILHGFRS\ RI DOOSD\UROO UHFRUGV HQXPHUDWHGLQ VXEGLYLVLRQ D
VKDOOEH
PDGH DYDLODEOH IRU LQVSHFWLRQ RU IXUQLVKHG XSRQ UHTXHVW WR WKH&LW\ WKH'LYLVLRQ RI /DERU 6WDQGDUGV (QIRUFHPHQW DQG WKH 'LYLVLRQ RI $SSUHQWLFHVKLS 6WDQGDUGV RI WKH 'HSDUWPHQWRI,QGXVWULDO5HODWLRQV

LLL
$FHUWLILHGFRS\ RI DOOSD\UROO UHFRUGV HQXPHUDWHGLQ VXEGLYLVLRQ D
VKDOOEH
PDGH DYDLODEOH XSRQ UHTXHVW WR WKH SXEOLF IRU LQVSHFWLRQ RU FRSLHV WKHUHRI PDGH
SURYLGHGKRZHYHUWKDWDUHTXHVWE\WKHSXEOLFVKDOOEHPDGHWKURXJKHLWKHUWKH&LW\ WKH 'LYLVLRQ RI $SSUHQWLFHVKLS 6WDQGDUGV RU WKH 'LYLVLRQ RI /DERU 6WDQGDUGV (QIRUFHPHQW ,I WKH UHTXHVWHG SD\UROO UHFRUGV KDYH QRW EHHQ SURYLGHG SXUVXDQW WR SDUDJUDSK

WKHUHTXHVWLQJSDUW\VKDOOSULRUWREHLQJSURYLGHGWKHUHFRUGVUHLPEXUVH WKHFRVWVRISUHSDUDWLRQE\WKH&RQWUDFWRUVXEFRQWUDFWRUDQGWKHHQWLW\WKURXJKZKLFK

%

WKH UHTXHVWZDVPDGH 7KHSXEOLFVKDOOQRWEHJLYHQDFFHVV WRVXFK UHFRUGVDW WKH SULQFLSDORIILFHRIWKH&RQWUDFWRU

F
7KH FHUWLILHG SD\UROO UHFRUGV VKDOO EH RQ IRUPV SURYLGHG E\ WKH 'LYLVLRQ RI /DERU 6WDQGDUGV (QIRUFHPHQW RU VKDOO FRQWDLQ WKH VDPH LQIRUPDWLRQ DVWKH IRUPV SURYLGHG E\ WKH 'LYLVLRQ

G
7KH&RQWUDFWRUVKDOOILOHDFHUWLILHGFRS\RIWKHUHFRUGVHQXPHUDWHGLQVXEGLYLVLRQ D

ZLWK WKH HQWLW\ WKDW UHTXHVWHG VXFK UHFRUGV ZLWKLQ WHQ
GD\V DIWHU UHFHLSW RI D ZULWWHQ
UHTXHVW

H
$Q\FRS\RIUHFRUGVPDGHDYDLODEOHIRULQVSHFWLRQDVFRSLHVDQGIXUQLVKHGXSRQUHTXHVW WR WKH SXEOLF RU WKH &LW\ WKH 'LYLVLRQ RI $SSUHQWLFHVKLS 6WDQGDUGV RU WKH 'LYLVLRQ RI /DERU 6WDQGDUGV(QIRUFHPHQWVKDOOEHPDUNHGRUREOLWHUDWHGLQVXFKDPDQQHUDVWRSUHYHQWGLVFORVXUH RI DQLQGLYLGXDO
VQDPH DGGUHVV DQGVRFLDOVHFXULW\ QXPEHU 7KHQDPH DQG DGGUHVV RI WKH &RQWUDFWRUVKDOOQRWEHPDUNHGRUREOLWHUDWHG

I
7KH &RQWUDFWRU VKDOO LQIRUP WKH &LW\ RI WKH ORFDWLRQ RI UHFRUGV HQXPHUDWHG XQGHU VXEGLYLVLRQ
D
LQFOXGLQJWKHVWUHHWDGGUHVVFLW\DQG&LW\DQGVKDOOZLWKLQILYHZRUNLQJGD\V SURYLGHDQRWLFHRIDFKDQJHRIORFDWLRQDQGDGGUHVV

J
,Q WKHHYHQWRIQRQFRPSOLDQFHZLWK WKH UHTXLUHPHQWVRI WKLV6HFWLRQ WKH&RQWUDFWRU VKDOOKDYHWHQ

GD\VLQZKLFKWRFRPSO\VXEVHTXHQWWRUHFHLSWRIZULWWHQQRWLFHVSHFLI\LQJ LQZKDWUHVSHFWVVXFKFRQWUDFWRUPXVWFRPSO\ZLWKWKLV6HFWLRQ6KRXOGQRQFRPSOLDQFHVWLOOEH HYLGHQWDIWHUVXFKGD\SHULRGWKH&RQWUDFWRUVKDOODVDSHQDOW\WKH6WDWHRUWKH&LW\IRUIHLW 2QH+XQGUHG'ROODUV

IRUHDFKFDOHQGDUGD\RUSRUWLRQWKHUHRIIRUHDFKZRUNHUXQWLO VWULFWFRPSOLDQFHLVHIIHFWXDWHG8SRQWKHUHTXHVWRIWKH'LYLVLRQRI$SSUHQWLFHVKLS6WDQGDUGV RUWKH'LYLVLRQRI/DERU6WDQGDUGV(QIRUFHPHQWVXFKSHQDOWLHVVKDOOEHZLWKKHOGIURPSURJUHVV SD\PHQWVWKHQGXH7KHSHQDOWLHVVSHFLILHGLQVXEGLYLVLRQ J
RI/DERU&RGH6HFWLRQIRU
QRQFRPSOLDQFHZLWKWKHSURYLVLRQVRIVDLG6HFWLRQPD\EHGHGXFWHGIURPDQ\PRQLHVGXH RUZKLFKPD\EHFRPHGXHWRWKH&RQWUDFWRU

K
7KH&RQWUDFWRUDQGHDFKVXEFRQWUDFWRUVKDOOSUHVHUYHWKHLUSD\UROOUHFRUGVIRUDSHULRG RIWKUHH

\HDUVIURPWKHGDWHRIFRPSOHWLRQRIWKH&RQWUDFW
' /DERU1RQGLVFULPLQDWLRQ$WWHQWLRQLVGLUHFWHGWR6HFWLRQRIWKH/DERU&RGHZKLFK SURYLGHV WKDW &RQWUDFWRU VKDOO QRW GLVFULPLQDWH DJDLQVW DQ\ HPSOR\HH RU DSSOLFDQW IRU HPSOR\PHQW EHFDXVH RI UDFH RU FRORU UHOLJLRQ SK\VLFDO RU PHQWDO GLVDELOLW\ QDWLRQDO RULJLQ RU DQFHVWU\ PHGLFDO FRQGLWLRQPDULWDOVWDWXVRUVH[RIVXFKSHUVRQVH[FHSWDVSURYLGHGLQ6HFWLRQ RIWKH*RYHUQPHQW
&RGH&RQWUDFWRUIXUWKHUDJUHHVWRLQFOXGHDVLPLODUSURYLVLRQLQDOOVXEFRQWUDFWVH[FHSWVXEFRQWUDFWV IRUVWDQGDUGFRPPHUFLDOVXSSOLHVRUUDZPDWHULDOV
( $SSUHQWLFHV7KH&RQWUDFWRUDQGDOOVXEFRQWUDFWRUVVKDOOFRPSO\ZLWKWKHUHTXLUHPHQWV RI &DOLIRUQLD /DERU &RGH 6HFWLRQV DQG UHJDUGLQJ WKH HPSOR\PHQW DQG RI DSSUHQWLFHV
) :RUNHUV
&RPSHQVDWLRQ3XUVXDQWWRWKHUHTXLUHPHQWVRI6HFWLRQRIWKH&DOLIRUQLD /DERU &RGH WKH &RQWUDFWRU ZLOO EH UHTXLUHG WR VHFXUH WKH SD\PHQW RI ZRUNHUV FRPSHQVDWLRQ WR LWV
HPSOR\HHVLQDFFRUGDQFHZLWKWKHSURYLVLRQVRI6HFWLRQRIWKH/DERUFRGH 3ULRUWRFRPPHQFHPHQWRIZRUNWKH&RQWUDFWRUVKDOOVLJQDQGILOHZLWKWKH&LW\DFHUWLILFDWLRQ LQWKHIROORZLQJIRUP

,DPDZDUHRIWKHSURYLVLRQVRI6HFWLRQRIWKH&DOLIRUQLD/DERU&RGHZKLFKUHTXLUHHYHU\ HPSOR\HUWREHLQVXUHGDJDLQVWOLDELOLW\IRUZRUNHUV
FRPSHQVDWLRQRUWRXQGHUWDNHVHOILQVXUDQFH

%
LQDFFRUGDQFHZLWKWKHSURYLVLRQVRIWKDWFRGHDQG,ZLOOFRPSO\ZLWKVXFKSURYLVLRQVEHIRUH FRPPHQFLQJWKHSHUIRUPDQFHRIWKHZRUNRIWKLVFRQWUDFW 6DLG FHUWLILFDWLRQ LV LQFOXGHG LQ WKH &RQWUDFW DQG VLJQDWXUH DQG UHWXUQ RI WKH &RQWUDFW DV SURYLGHGLQ6HFWLRQ*([HFXWLRQRI&RQWUDFWRIWKH*HQHUDO&RQGLWLRQVVKDOOFRQVWLWXWH VLJQLQJDQGILOLQJRIWKHVDLGFHUWLILFDWH
6(&7,21.

2&&83$7,21$/6$)(7<$1'+($/7+67$1'$5'6
6(&7,21.

%
(;&$9$7,216$)(7<
$GGWR6HFWLRQ.

E
([FDYDWLRQ6DIHW\DVIROORZV

&RPSO\ZLWK/DERU&RGHDQG&RPSO\ZLWK3XEOLF&RQWUDFWV&RGH 6(&7,21/38%/,&&2175$&7&2'(
6(&7,21/

*(1(5$/
5HSODFH5HVHUYHGLQ6HFWLRQ/

*HQHUDOZLWKWKHIROORZLQJ

&/$,06352&('85(6 &RPSOLDQFHZLWK DOOFKDQJH RUGHUSURFHGXUHVLV DSUHUHTXLVLWH WR ILOLQJD3XEOLF&RQWUDFW&RGH&ODLPSXUVXDQWWRWKLV6HFWLRQ&ODLPVPXVWEHVXEPLWWHGQRODWHUWKDQ D

GD\VDIWHUWKHGLVSXWHUHVROXWLRQSURFHVVVHWIRUWKLQ6HFWLRQLVFRPSOHWHRU E
GD\VDIWHU
WKHRFFXUUHQFHRIWKHHYHQWJLYLQJULVHWRWKHFODLP
,QDFFRUGDQFHZLWKWKHSURFHGXUHVVHWIRUWKLQ3XEOLF&RQWUDFW&RGH6HFWLRQV DQG
D&RQWUDFWRUPD\VXEPLWDFODLPE\UHJLVWHUHGRUFHUWLILHGPDLOZLWKUHWXUQUHFHLSWUHTXHVWHG IRU RQH RUPRUH RI WKH IROORZLQJ

D
D WLPH H[WHQVLRQ LQFOXGLQJ ZLWKRXW OLPLWDWLRQ IRU UHOLHI IURP GDPDJHVRUSHQDOWLHVIRUGHOD\DVVHVVHGE\WKH&LW\

E
SD\PHQWE\WKH&LW\RIPRQH\RUGDPDJHV
DULVLQJIURPZRUNGRQHE\RURQEHKDOIRIWKH&RQWUDFWRUSXUVXDQWWRWKLVFRQWUDFWDQGSD\PHQWIRU ZKLFKLVQRWRWKHUZLVHH[SUHVVO\SURYLGHGRUWRZKLFKWKH&RQWUDFWRULVQRWRWKHUZLVHHQWLWOHG RU
F

SD\PHQWRIDQDPRXQWWKDWLVGLVSXWHGE\WKH&LW\
7KH&RQWUDFWRUVKDOOIXUQLVKUHDVRQDEOHGRFXPHQWDWLRQWRVXSSRUWWKHFODLPLQFOXGLQJEXWQRW OLPLWHGWR

DFOHDUFRQFLVHUHFLWDORIWKHEDVLVXSRQZKLFKWKHFODLPLVDVVHUWHGLQFOXGLQJDGHVLJQDWLRQ RIWKHSURYLVLRQVRIWKH&RQWUDFWXSRQZKLFKWKHFODLPLVEDVHG DVWDWHPHQWDVWRWKHDPRXQWRI
WLPHDQGRUFRPSHQVDWLRQVRXJKWSXUVXDQWWRWKHFODLP

ZKHWKHUWKH&RQWUDFWRU¶VFODLPDULVHVIURP
DQRQJRLQJRFFXUUHQFHDQGLIVRDGHVFULSWLRQRIWKHVSHFLILF:RUNDFWLYLWLHVDIIHFWHGE\WKHFODLP D
WLPHLPSDFWDQDO\VLVLQWKHHYHQWWKDW&RQWUDFWRUUHTXHVWVDWLPHH[WHQVLRQ IXOODQGFRPSOHWHFRVW
UHFRUGVVXSSRUWLQJWKHDPRXQWRIDQ\FODLPIRUDGGLWLRQDOFRPSHQVDWLRQDQG DQRWDUL]HGFHUWLILFDWLRQ
E\ WKH &RQWUDFWRU DV IROORZV
³8QGHU WKH SHQDOW\ RI ODZ IRU SHUMXU\ RU IDOVLILFDWLRQ DQGZLWK VSHFLILF UHIHUHQFHWRWKH&DOLIRUQLD)DOVH&ODLPV$FW*RYHUQPHQW&RGH6HFWLRQHWVHTWKHXQGHUVLJQHG KHUHE\FHUWLILHVWKDWWKHLQIRUPDWLRQFRQWDLQHGKHUHLQLVDWUXHDFFXUDWHDQGFRPSOHWHVWDWHPHQWRIDOO IHDWXUHVUHODWLQJWRWKHFODLPDVVHUWHG´)DLOXUHE\WKH&RQWUDFWRUWRSURYLGHVXIILFLHQWGRFXPHQWDWLRQ ZLOO UHVXOWLQGHQLDORI WKHFODLP7KH&LW\ UHVHUYHV WKH ULJKW WR UHTXHVWDGGLWLRQDOGRFXPHQWDWLRQRU FODULILFDWLRQRIWKHGRFXPHQWDWLRQSURYLGHG
8SRQ UHFHLSW RI D FODLP WKH &LW\ ZLOO FRQGXFW D UHDVRQDEOH UHYLHZ DQG SURYLGH D ZULWWHQ VWDWHPHQW WR WKH &RQWUDFWRU LGHQWLI\LQJ ZKDW SRUWLRQ RI WKH FODLP LV GLVSXWHG DQG ZKDW SRUWLRQ LV XQGLVSXWHGZLWKLQGD\VRIUHFHLSWRIWKHFODLP7KH&LW\DQG&RQWUDFWRUPD\E\PXWXDODJUHHPHQW H[WHQGWKHGD\WLPHSHULRG)RUDQ\XQGLVSXWHGSRUWLRQRIDFODLPWKH&LW\PXVWPDNHSD\PHQW ZLWKLQGD\VRILWVLVVXDQFHRIWKHZULWWHQVWDWHPHQW ,I WKH &RQWUDFWRU GLVSXWHV WKH &LW\
V ZULWWHQ VWDWHPHQW RU LI WKH &LW\ IDLOV WR UHVSRQG WKH &RQWUDFWRUPD\ GHPDQG DQ LQIRUPDO FRQIHUHQFH WR PHHW DQG FRQIHU IRU VHWWOHPHQW RI WKH LVVXHV LQ GLVSXWH7KH&LW\ZLOOWKHQVFKHGXOHWKHPHHWDQGFRQIHUFRQIHUHQFHZLWKLQGD\VRIWKHGHPDQG :LWKLQ EXVLQHVV GD\V IROORZLQJ WKH PHHW DQG FRQIHU FRQIHUHQFH WKH &LW\ ZLOO SURYLGH D ZULWWHQ

%
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
)DLOXUHRIDSXEOLFHQWLW\WRUHVSRQGWRDFODLPZLWKLQ WKHWLPHSHULRGVGHVFULEHGDERYHVKDOO UHVXOWLQ WKHFODLPEHLQJGHHPHG UHMHFWHGLQLWVHQWLUHW\ $GGLWLRQDOO\DPRXQWVQRWSDLGLQD WLPHO\ PDQQHUVKDOOEHDULQWHUHVWDWSHUFHQWSHU\HDU
,Q WKH HYHQW WKDW WKH PHGLDWLRQ LV XQVXFFHVVIXO &RQWUDFWRU PXVW ILOH D JRYHUQPHQW FODLP SXUVXDQWWR*RYHUQPHQW&RGH6HFWLRQV
HWVHTLQRUGHUWRLQLWLDWHDFLYLODFWLRQ
,Q DQ\ FLYLO DFWLRQ ILOHG WR UHVROYH FODLPV WKH FRXUW VKDOO VXEPLW WKH PDWWHU WR QRQELQGLQJ PHGLDWLRQZLWKLQGD\VIROORZLQJWKHILOLQJRUUHVSRQVLYHSOHDGLQJSURYLGHGWKDWWKHSDUWLHVKDYHQRW DOUHDG\SDUWLFLSDWHGLQPHGLDWLRQRIWKHFODLPDVRXWOLQHGDERYH,IWKHPDWWHUUHPDLQVLQGLVSXWHDIWHU QRQELQGLQJPHGLDWLRQWKHFRXUWVKDOOVXEPLWWKHPDWWHUWRMXGLFLDODUELWUDWLRQSXUVXDQWWR&RGHRI&LYLO 3URFHGXUH6HFWLRQHWVHT,IWKHPDWWHUUHPDLQVLQGLVSXWHDIWHUMXGLFLDODUELWUDWLRQWKH&LW\RU WKH&RQWUDFWRUPD\UHTXHVWDWULDOGHQRYR
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

RIWKH7RWDO&RQWUDFW3ULFHDORQJZLWKDGHVFULSWLRQRIWKH SRUWLRQRIWKHZRUNZKLFKVKDOOEHGRQHE\HDFKVXEFRQWUDFWRUE\H[HFXWLQJWKH³/LVWRI6XEFRQWUDFWRUV´ IRUPDWWDFKHGWRWKLV&RQWUDFW
&2175$&725¶6/,&(16(5(48,5(0(176&RQWUDFWRUDQGDQ\DSSURYHGVXEFRQWUDFWRUV VKDOOKROGVXFKFXUUHQWDQGYDOLG&RQWUDFWRU¶V/LFHQVHVDVUHTXLUHGE\&DOLIRUQLD/DZ 121&2//86,21 '(&/$5$7,21 3XUVXDQW WR 3XEOLF &RQWUDFW &RGH 6HFWLRQ

%
&RQWUDFWRUVKDOOH[HFXWHD1RQ&ROOXVLRQ'HFODUDWLRQLQDIRUPSURYLGHGE\&LW\ZKLFKLVDWWDFKHGDQG LQFRUSRUDWHGKHUHLQ
(;&$9$7,21,IDSSOLFDEOHLQDFFRUGDQFHZLWKVWDWHODZ 3XEOLF&RQWUDFW&RGH6HFWLRQ

ZLWKUHVSHFWWRDQ\ZRUNLQYROYLQJGLJJLQJWUHQFKHVRUH[FDYDWLRQVWKDWH[WHQGGHHSHUWKDQIRXUIHHW WKH&RQWUDFWRUVKDOOQRWLI\WKH&LW\SURPSWO\LQZULWLQJRIDQ\RIWKHIROORZLQJFRQGLWLRQV
D
PDWHULDO
WKDWWKH&RQWUDFWRUEHOLHYHVPD\EHKD]DUGRXVZDVWHDVGHILQHGLQ&DOLIRUQLD+HDOWKDQG6DIHW\&RGH 6HFWLRQWKDWLVUHTXLUHGWREHUHPRYHGWRD&ODVV,&ODVV,,RU&ODVV,,,GLVSRVDOVLWHLQDFFRUGDQFH ZLWKSURYLVLRQVRIH[LVWLQJODZ

E
VXEVXUIDFHRUODWHQWSK\VLFDOFRQGLWLRQVDW WKHVLWHGLIIHULQJ IURP WKRVHLQGLFDWHG

F
XQNQRZQSK\VLFDOFRQGLWLRQVDWWKHVLWHRIDQ\XQXVXDOQDWXUHGLIIHULQJPDWHULDOO\ IURP WKRVH RUGLQDULO\ HQFRXQWHUHG DQG JHQHUDOO\ UHFRJQL]HG DV LQKHUHQW LQ ZRUN RI WKH FKDUDFWHU SURYLGHGIRULQWKH&RQWUDFW&RQWUDFWRUVKDOOQRWLI\WKH&LW\RIVXFKFRQGLWLRQVSULRUWRGLVWXUELQJWKHP DQGVKDOODZDLWGLUHFWLRQIURPWKH&LW\DVWRKRZWRSURFHHG 75(1&+6$)(7<)RUDOOFRQWUDFWVRYHUH[FDYDWLRQIRUDQ\WUHQFKIHHWRUPRUHLQ GHSWK VKDOO QRW EHJLQ XQWLO WKH &RQWUDFWRU KDV UHFHLYHG DSSURYDO IURP WKH &LW\ RI WKH &RQWUDFWRU¶V GHWDLOHGSODQIRUZRUNHUSURWHFWLRQ IURPWKHKD]DUGVRIFDYLQJJURXQGGXULQJWKHH[FDYDWLRQRIVXFK WUHQFK6XFKSODQVKDOOEHVXEPLWWHGDWOHDVWGD\VEHIRUHWKH&RQWUDFWRULQWHQGVWREHJLQH[FDYDWLRQ IRUWKHWUHQFKDQGVKDOOVKRZWKHGHWDLOVRIWKHGHVLJQRIVKRULQJEUDFLQJVORSLQJRURWKHUSURYLVLRQV WREHPDGHIRUZRUNHUSURWHFWLRQGXULQJVXFKH[FDYDWLRQ1RVXFKSODQVKDOODOORZWKHXVHRIVKRULQJ VORSLQJRUDSURWHFWLYHV\VWHPOHVVHIIHFWLYHWKDQWKDWUHTXLUHGE\WKH&RQVWUXFWLRQ6DIHW\2UGHUVRIWKH 'LYLVLRQRI,QGXVWULDO6DIHW\
DQGLIVXFKSODQYDULHVIURPWKHVKRULQJV\VWHPVWDQGDUGVHVWDEOLVKHGE\ WKH&RQVWUXFWLRQ6DIHW\2UGHUVWKHSODQVKDOOEHSUHSDUHGDQGVLJQHGE\DQHQJLQHHUZKRLVUHJLVWHUHG DV D&LYLO RU6WUXFWXUDO(QJLQHHULQ WKH6WDWH RI&DOLIRUQLD $WWHQWLRQLVGLUHFWHG WR WKHSURYLVLRQV RI 6HFWLRQRIWKH/DERU&RGHFRQFHUQLQJWUHQFKH[FDYDWLRQVDIHW\SODQV

6281'&21752/5(48,5(0(176
7KH&RQWUDFWRUVKDOOFRPSO\ZLWKDOO6WDWHDQGORFDOVRXQGFRQWURODQGYRLFHOHYHOUXOHVUHJXODWLRQV DQGRUGLQDQFHVZKLFKDSSO\WRDQ\ZRUNSHUIRUPHGSXUVXDQWWRWKHFRQWUDFW (DFKLQWHUQDOFRPEXVWLRQHQJLQHXVHGIRUDQ\SXUSRVHRQWKHMRERUUHODWHGWRWKHMREVKDOOEH HTXLSSHGZLWKDPXIIOHURIDW\SHUHFRPPHQGHGE\WKHPDQXIDFWXUHU1RLQWHUQDOFRPEXVWLRQHQJLQH VKDOOEHRSHUDWHGRQWKHSURMHFWZLWKRXWVDLGPXIIOHU *HQHUDOFRQVWUXFWLRQQRLVHVKDOOEHOLPLWHGWRZHHNGD\VIURP DPWR
SP3LOH'ULYLQJDQG
VLPLODUO\ORXGDFWLYLWLHVVKDOOEHOLPLWHGWRZHHNGD\VIURP DPWR
SP
3UHFRQVWUXFWLRQQRLVHLQFOXGLQJEXWQRWOLPLWHGWRORDGLQJDQGXQORDGLQJFOHDQLQJRIPHFKDQLFDO WRLOHWVPDLQWHQDQFHRIYHKLFOHVGHOLYHULHVWUXFNLGOLQJEDFNXSEHHSV\HOOLQJDQGUDGLRVLVDOVROLPLWHG WRWKHJHQHUDOFRQVWUXFWLRQQRLVHKRXUV
7KH'LUHFWRUPD\DOORZFRQVWUXFWLRQQRLVH WRRFFXUEH\RQG WKHJHQHUDOFRQVWUXFWLRQQRLVHKRXUV SURYLGHGDQRLVHZDLYHULVJUDQWHGSXUVXDQWWRWKH(PHU\YLOOH0XQLFLSDO&RGH )XOOFRPSHQVDWLRQIRUFRQIRUPLQJWRWKHUHTXLUHPHQWVRIWKLVVHFWLRQVKDOOEHFRQVLGHUHGDVLQFOXGHG LQWKHSULFHVSDLGIRUWKHYDULRXVFRQWUDFWLWHPVRIZRUNLQYROYHGDQGQRDGGLWLRQDOFRPSHQVDWLRQZLOO EHDOORZHGWKHUHIRUH
35(6(59$7,212)3523(57<
$WWHQWLRQ LV GLUHFWHG WR 6HFWLRQ ,QGHPQLILFDWLRQ DQG ,QVXUDQFH DQG WR 6HFWLRQ 8WLOLW\DQG1RQ+LJKZD\)DFLOLWLHV 'XHFDUHVKDOOEHH[HUFLVHG WRDYRLGLQMXU\ WRH[LVWLQJKLJKZD\ LPSURYHPHQWV RU IDFLOLWLHV XWLOLW\ IDFLOLWLHV DGMDFHQW SURSHUW\ DQG URDGVLGH WUHHV VKUXEV DQG RWKHU SODQWVWKDWDUHQRWWREHUHPRYHG

%
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
VKDOOEHUHSODFHGRUUHVWRUHGDWWKH&RQWUDFWRU
VH[SHQVH7KHIDFLOLWLHVVKDOOEHUHSODFHGRUUHVWRUHGWR DFRQGLWLRQ DVJRRG DVZKHQ WKH&RQWUDFWRU HQWHUHG XSRQ WKHZRUN RU DV JRRG DV UHTXLUHGE\ WKH 6SHFLILFDWLRQVDFFRPSDQ\LQJWKH&RQWUDFWLIDQ\RIWKHREMHFWVDUHDSDUWRIWKHZRUNEHLQJSHUIRUPHG XQGHU WKH&RQWUDFW 7KH(QJLQHHUPD\PDNHRUFDXVH WREHPDGHWKRVH WHPSRUDU\UHSDLUV WKDWDUH QHFHVVDU\WRUHVWRUHWRVHUYLFHDQ\GDPDJHGKLJKZD\IDFLOLW\7KHFRVWRIWKHUHSDLUVVKDOOEHERUQHE\ WKH&RQWUDFWRUDQGPD\EHGHGXFWHGIURPDQ\PRQH\VGXHRUWREHFRPHGXHWRWKH&RQWUDFWRUXQGHU WKH&RQWUDFW
3$<0(17 %21' )RU DOO FRQWUDFWV RYHU WKH VXFFHVVIXO %LGGHU VKDOO SURYLGH D SD\PHQWERQGLQ WKHDPRXQWHTXDO WRRQHKXQGUHGSHUFHQW
RI WKH7RWDO&RQWUDFW3ULFHDQG
LVVXHG E\ D &DOLIRUQLD DGPLWWHG VXUHW\ 7KH SD\PHQW ERQG VKDOO SURYLGH WKH &LW\ ZLWK VHFXULW\ IRU &RQWUDFWRU¶V IXOOSD\PHQW WRDOOVXEFRQWUDFWRUV IRUFRVWVRIPDWHULDOVHTXLSPHQWVXSSOLHVDQGODERU IXUQLVKHG LQ WKH FRXUVH RI WKH SHUIRUPDQFH RI WKH &RQWUDFW )XOO FRPSHQVDWLRQ IRU IXUQLVKLQJ WKH SD\PHQWERQGLVLQFOXGHGLQWKH7RWDO&RQWUDFW3ULFH
5(7(17,21 2) 352*5(66 3$<0(176 7KH &LW\ PD\ UHWDLQ ILYH SHUFHQW
RI WKH
HVWLPDWHGYDOXHRIWKHZRUNGRQHDQG ILYHSHUFHQW

RIWKHYDOXHRIPDWHULDOVHVWLPDWHGWRKDYH
EHHQIXUQLVKHGDQGGHOLYHUHGDQGXQXVHGRUIXUQLVKHGDQGVWRUHGDVSDUWVHFXULW\IRUWKHIXOILOOPHQWRI WKH&RQWUDFWE\WKH&RQWUDFWRU$Q\WLPHDIWHUILIW\SHUFHQW
RIWKHZRUNKDVEHHQFRPSOHWHGLI
WKH&LW\ILQGVWKDWVDWLVIDFWRU\SURJUHVVLVEHLQJPDGHWKH&LW\PD\PDNHDQ\RIWKHUHPDLQLQJSURJUHVV SD\PHQWVLQIXOOIRUDFWXDOZRUNFRPSOHWHGLQDFFRUGDQFHZLWK3XEOLF&RQWUDFW&RGH6HFWLRQ
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¶VWRWDOELGPDNHWKHVDPHRSWLRQDYDLODEOHWRWKHVXEFRQWUDFWRU 3520373$<0(1772&2175$&7257KH&LW\ZLOOPDNHSURJUHVVSD\PHQWVZLWKLQWKLUW\

GD\VDIWHUUHFHLSWRIDQXQGLVSXWHGDQGSURSHUO\VXEPLWWHGSURJUHVVSD\PHQWLQYRLFHSXUVXDQWWR 6HFWLRQRIWKH3XEOLF&RQWUDFW&RGH1RVXFKSD\PHQWZLOOEHPDGHZKHQLQWKHMXGJPHQW RIWKH3URMHFW0DQDJHU
D
WKHZRUNLVQRWSURFHHGLQJLQDFFRUGDQFHZLWKWKHSURYLVLRQVRIWKH&RQWUDFW

E
WKH&RQWUDFWRULVQRWFRPSO\LQJZLWKWKHUHTXLUHPHQWVRIWKH&RQWUDFW RU
F
ZKHQWKHWRWDOYDOXH
RIWKHZRUNGRQHDVVKRZQRQWKHLQYRLFHGRHVQRWH[FHHG7KUHH+XQGUHG'ROODUV
1RVXFK
LQYRLFHRUSD\PHQWZLOOEHFRQVWUXHGWREHDQDFFHSWDQFHRIDQ\ZRUNRUPDWHULDOV%HIRUHDQ\SURJUHVV SD\PHQWRUWKHILQDOSD\PHQWLVPDGHWKH&RQWUDFWRUPD\EHUHTXLUHGWRVXEPLWVDWLVIDFWRU\HYLGHQFH WKDWKHLVQRWGHOLQTXHQWLQSD\PHQWVWRLWVHPSOR\HHVVXEFRQWUDFWRUVVXSSOLHUVRURWKHUFUHGLWRUVIRU ODERUDQGPDWHULDOVLQFRUSRUDWHGLQWRWKHZRUN3XUVXDQWWR3XEOLF&RQWUDFW&RGH6HFWLRQLI WKH&LW\IDLOVWRPDNHDSURJUHVVSD\PHQWLQDWLPHO\PDQQHULWVKDOOSD\LQWHUHVWWRWKH&RQWUDFWRUDW WKHOHJDOUDWHVHWIRUWKLQ6HFWLRQ
D
RIWKH&DOLIRUQLD&RGHRI&LYLO3URFHGXUH
352+,%,7,21 $*$,167 &2175$&7,1* :,7+ '(%$55(' 68%&2175$&7256 &RQWUDFWRULVSURKLELWHGIURPSHUIRUPLQJZRUNRQDSXEOLFZRUNVSURMHFWZLWKDVXEFRQWUDFWRUZKRLV LQHOLJLEOHWRSHUIRUPZRUNRQWKHSXEOLFZRUNVSURMHFWSXUVXDQWWR6HFWLRQRURIWKH/DERU

%
&RGH
7+,5'3$57<&/$,063XUVXDQWWR3XEOLF&RQWUDFWV&RGH6HFWLRQ &LW\VKDOOKDYHIXOO
DXWKRULW\WRFRPSURPLVHRURWKHUZLVHVHWWOHDQ\FODLPUHODWLQJWRWKH&RQWUDFWDWDQ\WLPH&LW\VKDOO SURYLGHIRUWLPHO\QRWLILFDWLRQWR'HVLJQ%XLOGHURIWKHUHFHLSWRIDQ\WKLUGSDUW\FODLPUHODWLQJWRWKH FRQWUDFW1RWLFHVKDOOEHLQZULWLQJDQGZLOOEHSURYLGHGZLWKLQWKLUW\
GD\V
,5$1&2175$&7,1*$&77KHXQGHUVLJQHG%LGGHUFHUWLILHV WKDWLWLVQRW DW WKH WLPH RI ELGGLQJ RQ WKH &DOLIRUQLD 'HSDUWPHQW RI *HQHUDO 6HUYLFHV '*6
OLVW RI SHUVRQV GHWHUPLQHG WR EH
HQJDJHGLQLQYHVWPHQWDFWLYLWLHVLQ,UDQRURWKHUZLVHLQYLRODWLRQRI WKH,UDQ&RQWUDFWLQJ$FWRI

3XEOLF&RQWUDFW&RGH6HFWLRQ

$17,75867 &/$,06 7KH &RQWUDFWRU
V DWWHQWLRQ LV GLUHFWHG WR WKH IROORZLQJ SURYLVLRQ RI 3XEOLF &RQWUDFW &RGH 6HFWLRQ
E
ZKLFK VKDOO EH DSSOLFDEOH WR WKH &RQWUDFWRU DQG LWV

VXEFRQWUDFWRUV

,QHQWHULQJLQWRDSXEOLFZRUNVFRQWUDFWRUDVXEFRQWUDFWWRVXSSO\JRRGVVHUYLFHVRUPDWHULDOV SXUVXDQWWRDSXEOLFZRUNVFRQWUDFWWKH&RQWUDFWRURUVXEFRQWUDFWRURIIHUVDQGDJUHHVWRDVVLJQ WRWKHDZDUGLQJERG\DOOULJKWWLWOHDQGLQWHUHVWLQDQGWRDOOFDXVHVRIDFWLRQLWPD\KDYHXQGHU 6HFWLRQ RI WKH &OD\WRQ $FW
86& 6HF
RU XQGHU WKH &DUWZULJKW $FW
&KDSWHU
>FRPPHQFLQJZLWK6HFWLRQ@RI3DUWRI'LYLVLRQRIWKH%XVLQHVVDQG3URIHVVLRQV&RGH
DULVLQJIURPSXUFKDVHVRIJRRGVVHUYLFHVRUPDWHULDOVSXUVXDQWWRWKHSXEOLFZRUNVFRQWUDFWRU WKHVXEFRQWUDFW7KLVDVVLJQPHQWVKDOOEHPDGHDQGEHFRPHHIIHFWLYHDWWKHWLPHWKHDZDUGLQJ ERG\WHQGHUVILQDOSD\PHQWWRWKH&RQWUDFWRUZLWKRXWIXUWKHUDFNQRZOHGJPHQWE\WKHSDUWLHV
5(&25'63XUVXDQWWR*RYHUQPHQW&RGH6HFWLRQ&RQWUDFWRUVKDOOUHWDLQDOOSURMHFW UHODWHGUHFRUGVIRUDSHULRGRIILYH

\HDUVDIWHUILQDOSD\PHQWRQWKLV&RQWUDFWZKLFKVKDOOEHVXEMHFW WRDXGLWRULQVSHFWLRQE\WKH&LW\$&7&RUWKH6WDWH$XGLWRUGXULQJWKLVSHULRG 6HSDUDWHDQGDSDUWIURPWKHREOLJDWLRQVXQGHU6HFWLRQWKH&LW\VKDOOKDYHWKHULJKWWRDXGLW SURMHFWUHFRUGVDW&LW\GLVFUHWLRQXQGHUWKHIROORZLQJFLUFXPVWDQFHV
D
VXEPLVVLRQRID3XEOLF5HFRUGV
$FW UHTXHVW UHJDUGLQJWKH SURMHFW

E
LQDELOLW\ WR UHVROYH D GLVSXWHG FRQWUDFW FKDQJH RUGHU RU
F

VXEPLVVLRQRIDFRQVWUXFWLRQFODLP
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

UHTXLUHPHQWV

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

PDWHULDO
WKHQ RQH RI WKH SDUWLFXODU SURGXFWV GHVLJQDWHG E\ EUDQG QDPH ZLOO EH IXUQLVKHG
F 7KHEXUGHQRISURRIDVWRWKHTXDOLW\DQGVXLWDELOLW\RIDOWHUQDWLYHVVKDOOEHXSRQWKH &RQWUDFWRU DQG KH VKDOO IXUQLVK DOO LQIRUPDWLRQ QHFHVVDU\ DV UHTXLUHG E\ WKH 3URMHFW 0DQDJHU7KH3URMHFW0DQDJHUVKDOOEHWKHVROHMXGJHDVWRWKHTXDOLW\DQGVXLWDELOLW\ RIDOWHUQDWLYHDUWLFOHVHTXLSPHQWRUPDWHULDOVDQGLWVGHFLVLRQVVKDOOEHILQDO:KHUH

%
XVHRIDQDOWHUQDWLYHPDWHULDODUWLFOHRUHTXLSPHQWLQYROYHVUHGHVLJQRIRUFKDQJHVWR RWKHU SDUWV RI WKH ZRUN WKH FRVW DQG WKH WLPH UHTXLUHG WR HIIHFW VXFK UHGHVLJQ RU FKDQJHV ZLOO EH FRQVLGHUHG LQ HYDOXDWLQJ WKH VXLWDELOLW\ RI WKH DOWHUQDWLYH PDWHULDO DUWLFOHRUHTXLSPHQW &RVWRI UHGHVLJQE\ WKH3URMHFW0DQDJHUZLOOEHERUQHE\ WKH &RQWUDFWRU
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
3(50,76$1'/,&(16(67KH&RQWUDFWRUVKDOOSURFXUHDOOSHUPLWVDQGOLFHQVHV LQFOXGLQJ
26+$SHUPLWVSXUVXDQW WR/DERU&RGH6HFWLRQ
SD\ DOOFKDUJHV DQG IHHV DQGJLYH DOOQRWLFHV
QHFHVVDU\DQGLQFLGHQWWRWKHGXHDQGODZIXOSURVHFXWLRQRIWKHZRUN 7KH(QYLURQPHQWDO4XDOLW\$FW
3XEOLF5HVRXUFHV&RGH6HFWLRQWR
PD\EHDSSOLFDEOH
WR SHUPLWV OLFHQVHV DQG RWKHU DXWKRUL]DWLRQV ZKLFK WKH &RQWUDFWRU PXVW REWDLQ IURP 6WDWH RU ORFDO DJHQFLHVLQFRQQHFWLRQZLWKSHUIRUPLQJWKHZRUNRIWKH&RQWUDFW7KH&RQWUDFWRUVKDOOFRPSO\ZLWKWKH SURYLVLRQV RI WKDW$FWLQ REWDLQLQJVXFKSHUPLWVOLFHQVHV DQGRWKHU DXWKRUL]DWLRQV DQG WKH\VKDOOEH REWDLQHGLQVXIILFLHQWWLPHWRSUHYHQWGHOD\VWRWKHZRUN 7KH&RQWUDFWRUVKDOOFRPSO\ZLWKSHUPLWVREWDLQHGE\WKH&LW\LIDQ\IRUWKHZRUN 6(&7,2138%/,&&219(1,(1&(
$GGWRHQGRI6HFWLRQ3XEOLF&RQYHQLHQFHDVIROORZV
3XEOLFWUDIILFLQFOXGHVDOO

PRWRUL]HGYHKLFOHV
ELF\FOHV
SHGHVWULDQWUDIILF
SHUVRQDOPRELOLW\GHYLFHV
$UHDVPRGLILHGE\\RXIRUXVHE\SHGHVWULDQVPXVWSURYLGHDGHTXDWHDFFHVVLELOLW\WRPHHW$PHULFDQVZLWK 'LVDELOLWLHV$FW
$'$
UHTXLUHPHQWV:KHUHZDONZD\VDUHGDPDJHGDOWHUQDWHZDONZD\VPXVWEHSODFHG DURXQGWKHZRUNVLWHRURWKHUPDWHULDOVPD\EHXVHGWRDOORZXVHRIWKHDUHD:KHUHSO\ZRRGLVXVHGLW PXVWEHDPLQLPXPRIôLQFKLQWKLFNQHVVDQGEHYHOHGDWWKHHQGVWRSUHYHQWWULSSLQJIDVWHQHGGRZQWR SUHYHQWVKLIWLQJDQGVXSSRUWHGXQGHUQHDWKDVQHHGHGWRSUHYHQWERZLQJ7KH(QJLQHHUPD\UHTXLUHFROG PL[WREHSODFHGWRWUDQVLWLRQZDONZD\WRSO\ZRRG
6LGHZDONV PXVW QRW EH EORFNHG ZLWKRXW SURYLGLQJ DOWHUQDWLYH SDW V
RI WUDYHO :KHUH H[FDYDWLRQV LQ
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

%
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
'RQRWFORVHVWUHHWVWRWUDIILFZLWKRXWZULWWHQSHUPLVVLRQIURPWKH(QJLQHHU+RZHYHULQWKHDEVHQFHRI WKH(QJLQHHULIWKHQHFHVVLW\IRUFORVLQJDVWUHHWLVDEVROXWHWRSUHYHQWLPPHGLDWHGDQJHUWRWKHSXEOLF \RXPXVWLPPHGLDWHO\QRWLI\WKH

(QJLQHHU
3ROLFH'HSDUWPHQW
)LUH'HSDUWPHQW
3URYLGHDFFHVVWRDQGIURPDOOSURSHUW\DGMDFHQWWRWKHZRUNDUHDZKHUHQRUPDODFFHVVH[LVWHGSULRUWR \RXUZRUN$OO

WUDIILFODQHV
GULYHZD\V
VLGHZDONV
VWUHHWFURVVLQJV
SULPDU\EXVLQHVVHQWUDQFHV
PXVWEHXVDEOHDWWKHHQGRIWKHZRUNGD\
$GG EHWZHHQ WKH
WK DQG WK SDUDJUDSKV RI 6HFWLRQ 3XEOLF &RQYHQLHQFH WKH

IROORZLQJ

,IDKHLJKWGLIIHUHQWLDORIPRUHWKDQIRRWLVFUHDWHGE\FRQVWUXFWLRQDFWLYLWLHVDWDMRLQWWUDQVYHUVHWR WKHGLUHFWLRQRIWUDIILFRQWKHWUDYHOHGZD\RUDVKRXOGHUVXEMHFWWRSXEOLFWUDIILFFRQVWUXFWDWHPSRUDU\ WDSHUDWWKHMRLQWZLWKDVORSHFRPSO\LQJZLWKWKHUHTXLUHPHQWVVKRZQLQWKHIROORZLQJWDEOH
7HPSRUDU\7DSHUV
+HLJKW
GLIIHUHQWLDO
6ORSH
KRUL]RQWDO

YHUWLFDO

7DSHUXVHRIGD\VRUOHVV 7DSHUXVHRIPRUHWKDQGD\V *UHDWHUWKDQ
RUIODWWHU
RUIODWWHU
±
RUIODWWHU
RUIODWWHU
)RUDWDSHURQH[LVWLQJDVSKDOWFRQFUHWHRUFRQFUHWHSDYHPHQWFRQVWUXFWWKHWDSHUZLWKPLQRU+0$XQGHU 6HFWLRQ

*ULQGH[LVWLQJVXUIDFHVWRDFFRPPRGDWHDPLQLPXPWDSHUWKLFNQHVVRIIRRWXQGHUHLWKHURIWKHIROORZLQJ

FRQGLWLRQV

+0$PDWHULDOVXFKDVUXEEHUL]HG+0$SRO\PHUPRGLILHGERQGHGZHDULQJFRXUVHRURSHQJUDGHG IULFWLRQFRXUVHLVXQVXLWDEOHIRUUDNLQJWRDPD[LPXPIRRWWKLFNQHVVDWWKHHGJH 7DSHUZLOOEHLQSODFHIRUPRUHWKDQGD\V
)RUDWDSHURQDEULGJHGHFNRUDSSURDFKVODEFRQVWUXFWWKHWDSHUZLWKSRO\HVWHUFRQFUHWHXQGHU6HFWLRQ %
7KHFRPSOHWHGVXUIDFHRIWKHWDSHUPXVWEHXQLIRUPDQGPXVWQRWYDU\PRUHWKDQIRRWIURPWKHORZHU HGJHRIDIRRWVWUDLJKWHGJHZKHQSODFHGRQLWVVXUIDFHSDUDOOHODQGSHUSHQGLFXODUWRWUDIILF

%
,IDXWKRUL]HG\RXPD\XVHDOWHUQDWLYHPDWHULDOVRUPHWKRGVWRFRQVWUXFWWKHUHTXLUHGWDSHU 6(&7,21$38%/,&127,),&$7,21
$GG6HFWLRQ$3XEOLF1RWLILFDWLRQDVIROORZV

,QFRQVXOWDWLRQZLWKWKH(QJLQHHU&RQWUDFWRUVKDOOSUHSDUHDQGGHOLYHUQRWLFHVWR&LW\UHJDUGLQJYDULRXV VWDJHV RI WKH ZRUN LQFOXGLQJ EXW QRW OLPLWHG WR LQLWLDO VWDUW RI WKH ZRUN TXDUWHUO\ XSGDWHV RI ZRUN SURJUHVV DQG QRWLILFDWLRQ RI ZRUN DFWLYLWLHV FUHDWLQJ H[FHVVLYH QRLVH YLEUDWLRQ DQG RWKHU GLVWXUELQJ TXDOLWLHVIRUQRWLILFDWLRQWRSURSHUWLHVDGMDFHQWWRWKHZRUNDUHD7KHQRWLFHPXVWLQFOXGH
DEULHIGHVFULSWLRQRIWKHZRUN
GDWHWKHZRUNZLOOVWDUW
GDWHWKHZRUNZLOOHQG
SRWHQWLDOLPSDFWVRQWKHDGMDFHQWSURSHUW\
FRPSDQ\UHSUHVHQWDWLYH¶VQDPH
FRPSDQ\UHSUHVHQWDWLYH¶VSKRQHQXPEHUZKHUH WKH\FDQEHUHDFKHGRUDPHVVDJHFDQEH OHIW
&RPSDQ\UHSUHVHQWDWLYHPXVWUHVSRQGWRDOOSKRQHFDOOVUHFHLYHGZLWKLQKRXUVRIUHFHLSWZLWKWKH UHTXHVWHGLQIRUPDWLRQ&RQWUDFWRUVKDOOSURYLGHQRWLFHVWR(QJLQHHUDWOHDVWKRXUVLQDGYDQFHRIWKH ZRUN7KH(QJLQHHUPXVWUHYLHZDQGDSSURYHQRWLFHZRUGLQJ8SRQDSSURYDORIQRWLFHVE\(QJLQHHU &RQWUDFWRUVKDOOGLVWULEXWHVDLGQRWLFHVWRSURSHUWLHVDGMDFHQWWRWKHZRUNDUHD $WWHQWLRQLVGLUHFWHG WR*RYHUQPHQW&RGH6HFWLRQV WR DQGLQSDUWLFXODU6HFWLRQ
ZKLFKSURYLGHVLQSDUW

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³8QGHUJURXQG6HUYLFH$OHUWDQGVFKHGXOHWKH ZRUNWRDOORZDPSOHWLPHIRUWKHFHQWHUWRQRWLI\LWVPHPEHUVDQGLIQHFHVVDU\IRUDQ\PHPEHUWRILHOG ORFDWHDQGPDUNLWVIDFLOLWLHV
$

6WUHHW0DLQWHQDQFH
$GG6HFWLRQ$

DVIROORZV

6WUHHWPDLQWHQDQFHDFWLYLWLHVLQFOXGLQJ

RYHUOD\V
UHFRQVWUXFWLRQ
VOXUU\VHDO
PLFURVXUIDFLQJ
RWKHUVXUIDFLQJRUVHDOFRDWV
UHTXLUH\RXQRWLI\ DOO UHVLGHQWV DQGEXVLQHVVHVZLWKLQ IHHW RU RQHEORFN ZKLFKHYHULV DJUHDWHU

GLVWDQFH
RIWKHZRUNDUHDVEHWZHHQWKUHHDQGILYHGD\VLQDGYDQFHRIWKHZRUN7KLVQRWLILFDWLRQPXVW

%
EHLQ WKH IRUP RI DGRRUKDQJHUZKLFKLV WREHKDQGGHOLYHUHG RUSODFHG RQ WKH IURQWGRRU RI HDFK EXVLQHVVRUUHVLGHQFH$VDPSOHGRRUKDQJHULVLQFOXGHGLQWKHDSSHQGL[RIWKHHQJLQHHULQJVWDQGDUGV 6(&7,21$

675((7&/2685(
$GG6HFWLRQ$

6WUHHW&ORVXUHDVIROORZV

:KHUHVWUHHWFORVXUHVDUHDOORZHGHLWKHUXQGHUWKHFRQGLWLRQVRIWKHVSHFLDOSURYLVLRQVRUE\VHSDUDWH DXWKRULW\RIWKH(QJLQHHUFRPSO\ZLWKWKHIROORZLQJFRQGLWLRQV %\QRRQ0RQGD\VXEPLWDZULWWHQVFKHGXOHRISODQQHGFORVXUHVIRUWKHIROORZLQJZHHNSHULRGGHILQHG DV)ULGD\QRRQWKURXJKWKHIROORZLQJ)ULGD\QRRQ
7KHVWUHHWFORVXUHVFKHGXOHPXVWVKRZWKH

ORFDWLRQV
GDWHV
WLPHV
RIWKHSURSRVHGVWUHHWFORVXUHV6WUHHWFORVXUHVFKHGXOHVVXEPLWWHGWRWKH(QJLQHHUZLWKDQ\
LQFRPSOHWH
XQLQWHOOLJLEOH
LQDFFXUDWHLQIRUPDWLRQ
ZLOO EH UHWXUQHG IRU FRUUHFWLRQ DQG UHVXEPLWWDO 7KH (QJLQHHU ZLOO UHYLHZ DQG DSSURYH RU UHWXUQ IRU FRUUHFWLRQV WKH VWUHHW FORVXUH VFKHGXOH <RX PD\ EH UHTXLUHG WR FRRUGLQDWH ZLWK RWKHU SDUWLHV DV D FRQGLWLRQRIDSSURYDORIWKHVWUHHWFORVXUHVFKHGXOH
3URYLGHQRWLILFDWLRQRIWKHVWUHHWFORVXUHWR

SROLFHGLVSDWFK
EXVVHUYLFHV
JDUEDJHFRPSDQ\
DIIHFWHGSURSHUWLHVDVGHVFULEHGDERYH
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

123$5.,1*
$GG6HFWLRQ$

1R3DUNLQJDVIROORZV

3ODFH1R3DUNLQJVLJQVDWOHDVWKRXUVEHIRUHEHJLQQLQJRIZRUN,QDUHDVZKHUHYHKLFOHVPD\EHLQ WKHZD\RIFRQVWUXFWLRQSODFHDQGUHTXHVWWKH3ROLFH'HSDUWPHQWWRYHULI\³1R3DUNLQJ´VLJQVDWOHDVW KRXUV SULRU WR WKH EHJLQQLQJ RIZRUN WR DOORZ IRU WKH OHJDOWLPH UHTXLUHG IRU QRWLILFDWLRQ SULRU WR UHPRYLQJDYHKLFOH
'RQRWSODFH³1R3DUNLQJ³VLJQVPRUHWKDQILYHGD\VLQDGYDQFHRIWKHDQWLFLSDWHGZRUNZLWKRXWSULRU DSSURYDOIURPWKH(QJLQHHU
,IQRZRUNLVSHUIRUPHGIRUILYHFRQVHFXWLYHGD\VUHPRYHWKH³1R3DUNLQJ´VLJQVDQGUHSRVWDVVWDWHG DERYHSULRUWRWKHVWDUWRIZRUN
³1R3DUNLQJ´VLJQVPXVWVSHFLI\WKHIROORZLQJ

%

1R3DUNLQJ
&RQVWUXFWLRQ=RQH
7RZ$ZD\
3HU0XQLFLSDO&RGH(0&

I

7RZHG9HKLFOHV&RQWDFW&2(3';;;;;;;
'DWH
;;;;;WR;;;;;;
7LPH
;;;;;WR;;;;;;
&RQWUDFWRU

&RQWUDFWRU2IILFH1XPEHU

6(&7,21%75$)),&&21752/3/$1
$GG6HFWLRQ%7UDIILF&RQWURO3ODQDVIROORZV

6XEPLW WR WKH (QJLQHHU D WUDIILF FRQWURO SODQ IRU UHYLHZ DQG DSSURYDO E\ WKH (QJLQHHU SULRU WR DQ\ FRQVWUXFWLRQDFWLYLWLHVVWDUWLQJ6XEPLWVHSDUDWHWUDIILFFRQWUROSODQVIRUHDFKSKDVHRIWKHZRUNUHTXLULQJ DFKDQJHLQ WUDIILFFRQWURO$OORZDPLQLPXPRI ILYHZRUNLQJGD\V IRUUHYLHZRI WKHVXEPLWWHG WUDIILF FRQWUROSODQDQG ILYHZRUNLQJGD\V IRUUHYLHZRIDQ\ UHVXEPLWWHGSODQV'RQRWEHJLQZRUNXQWLO WKH WUDIILFFRQWUROSODQLVDSSURYHGE\WKH(QJLQHHU
/LPLWHGZRUNKRXUVPD\EHLPSRVHGDWDQ\WLPH,IWKHZRUNLPSDFWVWUDIILFIORZRQDQ\
PDMRUURXWHRU
LQWKHYLFLQLW\RIVFKRROVRU
LQWKH3HGHVWULDQ3ULRULW\=RQHSHUILJXUHRIWKH&LW\¶V*HQHUDO3ODQ H[SHFWWKDWZRUNKRXUUHVWULFWLRQVZLOOEHLPSRVHGE\WKH(QJLQHHU 'RQRWUHVWULFWWKHSXEOLFULJKWRIZD\URDGZD\ZLWKRXWDQDSSURYHGWUDIILFFRQWUROSODQ7KH(QJLQHHU PXVWUHYLHZWKHLPSOHPHQWHGWUDIILFFRQWUROIRUFRPSOLDQFHZLWKWKHDSSURYHGWUDIILFFRQWUROSODQSULRU WRWKHVWDUWRIDQ\ZRUN
3URYLGHDGHTXDWHZLGWKWRDOORZDELNHODQHDGMDFHQWWRWKHWUDYHOODQHRUSURYLGHFOHDUSRVWLQJWKDWWKH ELF\FOHODQHLVFORVHG
'RQRWSODFHWUDIILFFRQWUROGHYLFHVRUFRQVWUXFWLRQHTXLSPHQWLQELNHODQHVRULQVLGHZDONVXFKWKDWWKH\ DUHEORFNHGDVGHWHUPLQHGE\WKH(QJLQHHUZKHQWKHVHIDFLOLWLHVDUHRSHQIRUXVH 6(&7,2138%/,&6$)(7<
5HSODFHWKSDUDJUDSKRI6HFWLRQ3XEOLF6DIHW\ZLWK
1RWLI\WKH(QJLQHHUQRWOHVVWKDQILYHGD\VDQGQRWPRUHWKDQGD\VEHIRUHWKHDQWLFLSDWHGVWDUWRI DQDFWLYLW\WKDWZLOOFKDQJHWKHYHUWLFDORUKRUL]RQWDOFOHDUDQFHDYDLODEOHWRWUDIILFLQFOXGLQJVKRXOGHUV 6(&7,21,1685$1&(
6(&7,21%
6(&7,21''('8&7,%/(6
6(&7,216(/),1685$1&(352*5$0
'HOHWH6HFWLRQV%''HGXFWLEOHVDQG,6HOI,QVXUDQFH3URJUDP 6(&7,21)('(5$//$:6)25)('(5$/$,'&2175$&76
6(&7,21$*HQHUDO
$GGEHWZHHQWKHVWDQGQGSDUDJUDSKVRI6HFWLRQ$*HQHUDODVIROORZV

&RPSO\ZLWK&)5
D
±
E

%
,QGHPQLILFDWLRQDQG,QVXUDQFH
6HFWLRQRIWKH6WDQGDUG6SHFLILFDWLRQVLVKHUHE\GHOHWHGLQLWVHQWLUHW\7KH&RQWUDFWRU VREOLJDWLRQV
UHJDUGLQJLQGHPQLILFDWLRQRIWKH&LW\DQGWKHUHTXLUHPHQWVIRULQVXUDQFHVKDOOFRQIRUPWRWKHSURYLVLRQVVHW IRUWKLQWKH$JUHHPHQW
$FFHSWDQFHRI&RQWUDFW
7KHWH[WRI6HFWLRQRIWKH6WDQGDUG6SHFLILFDWLRQVLVKHUHE\GHOHWHGLQLWVHQWLUHW\DQGUHSODFHGZLWK WKHIROORZLQJ

:KHQWKH(QJLQHHUKDVPDGHWKHILQDOLQVSHFWLRQDVSURYLGHGLQ6HFWLRQ)LQDO,QVSHFWLRQDQG GHWHUPLQHV WKDW WKH&RQWUDFWZRUNKDVEHHQFRPSOHWHGLQ DOO UHVSHFWVLQDFFRUGDQFHZLWK WKH&RQWUDFW 'RFXPHQWVWKH(QJLQHHUZLOOUHFRPPHQGWKDWWKH&LW\&RXQFLOIRUPDOO\DFFHSWWKH:RUNDVFRPSOHWH8SRQ DFFHSWDQFH RI WKH &RQWUDFW DV FRPSOHWH E\ WKH &LW\ &RXQFLO WKH VDLG &RXQFLO VKDOO FDXVH D 1RWLFH RI &RPSOHWLRQWREHILOHGDQGUHFRUGHGLQWKHUHFRUGVRIWKH$ODPHGD&RXQW\5HFRUGHU V2IILFH
6DQLWDU\3URYLVLRQV
&RQWUDFWRUVKDOOFRQIRUPWRWKHUXOHVDQGUHJXODWLRQVSHUWDLQLQJWRVDQLWDU\SURYLVLRQVHVWDEOLVKHGE\WKH &LW\7RLOHWVIRUXVHRIHPSOR\HHVRQWKHZRUNVKDOOEHIXUQLVKHGZKHUHQHHGHGDQGVKDOOEHPDLQWDLQHG E\&RQWUDFWRU7KHLUXVHVKDOOEHVWULFWO\HQIRUFHG
7KLUG3DUW\&ODLPV
$ 3XUVXDQW WR 3XEOLF &RQWUDFW &RGH 6HFWLRQ
&LW\ VKDOO KDYH IXOO DXWKRULW\ WR FRPSURPLVH RU RWKHUZLVHVHWWOHDQ\FODLPUHODWLQJWRWKH&RQWUDFWRUDWDQ\WLPH % &LW\VKDOOSURYLGH IRU WLPHO\QRWLILFDWLRQ WRWKH&RQWUDFWRURI WKHUHFHLSWRIDQ\ WKLUG±SDUW\FODLP UHODWLQJWRWKHFRQWUDFW1RWLFHVKDOOEHLQZULWLQJDQGZLOOEHSURYLGHGZLWKLQ
GD\V

& &LW\VKDOOEHHQWLWOHGWRUHFRYHULWVUHDVRQDEOHFRVWVLQFXUUHGLQSURYLGLQJWKHQRWLILFDWLRQUHTXLUHGE\ VXEGLYLVLRQ
E

%
3526(&87,21$1'352*5(66
7KH%LGGHU
VDWWHQWLRQLVGLUHFWHGWRWKHSURYLVLRQVLQ'LYLVLRQ,6HFWLRQ3URVHFXWLRQ$QG3URJUHVVRI WKH&DOWUDQV6WDQGDUG6SHFLILFDWLRQVODWHVWHGLWLRQDVPRGLILHGE\WKHVHVSHFLDOSURYLVLRQVDVVHWIRUWK EHORZIRUWKHUHTXLUHPHQWVDQGFRQGLWLRQVZKLFKKHVKHPXVWREVHUYHLQWKHSUHSDUDWLRQRIWKHSURSRVDO IRUPDQGWKHVXEPLVVLRQRIWKHELG
5HSODFH'HOHWHRU$GGWR'LYLVLRQ,6HFWLRQ3URVHFXWLRQ$QG3URJUHVVRIWKH&DOWUDQV 6WDQGDUG6SHFLILFDWLRQVDVIROORZV

6(&7,216&+('8/(
6(&7,21$*(1(5$/
5HSODFH6HFWLRQ$*HQHUDOZLWKWKHIROORZLQJ

6XEPLWWKHW\SHRIVFKHGXOHVSHFLILHGLQWKHVSHFLDOSURYLVLRQV,IQRW\SHLVVSHFLILHGVXEPLWD/HYHO 6XEPLWWDO RI D 6FKHGXOH LV QRW DFFHSWDQFH 7KH (QJLQHHU ZLOO DFFHSW WKH VFKHGXOH XSRQ UHYLHZ DQG GHWHUPLQDWLRQRILWVFRPSOLDQFHZLWK&RQWUDFWWHUPVDQG&LW\QHHGV7KHVFKHGXOHZLOOQRWUHOLHYH\RXRI WKHUHVSRQVLELOLW\IRUDFFRPSOLVKLQJWKHDOOWKHZRUNLQFRPSOLDQFHZLWKWKHFRQWUDFW <RXDJUHHE\VXEPLVVLRQRIDELGWKDWWKHZRUNFDQEHFRPSOHWHGZLWKLQFRQWUDFWGXUDWLRQDQGZRUNLQJ KRXUUHVWULFWLRQV
7KH(QJLQHHUZLOOQRWDFFHSWDVFKHGXOHZKLFKVKRZVDSURMHFWFRPSOHWLRQGDWHLQH[FHVVRIWKHFRQWUDFW WLPHGXUDWLRQ1RSURJUHVVSD\PHQWVZLOOEHSDLGXQWLOWKH(QJLQHHUKDVDSSURYHGWKHSURMHFWVFKHGXOH )ORDWWLPHVKRZQRQWKHDSSURYHGSURMHFWVFKHGXOHLVQRWIRUH[FOXVLYHXVHRUEHQHILWRIHLWKHU\RXRU WKH(QJLQHHU)ORDWWLPHLVDYDLODEOHIRUXVHE\HLWKHU\RXRUWKH(QJLQHHUZKRHYHUQHHGVLWILUVWLQRUGHU WR

PLQLPL]HWKHLPSDFWRISURMHFWSUREOHPV
GHOD\V
FKDQJHVLQWKHZRUN
<RXDJUHH WKDW IORDW WLPHPD\EHXVHGE\ WKH(QJLQHHU WR UHVROYHSURMHFWSUREOHPV<RXDJUHH WKDW WKHUHZLOOEHQREDVLVIRUDQ\PRGLILFDWLRQRIWKH
SURMHFWPLOHVWRQHGDWHV
DQH[WHQVLRQRIWKHFRQWUDFWWLPH
DFODLPIRUDGGLWLRQDOFRPSHQVDWLRQ
DVDUHVXOWRIDQ\

SURMHFWSUREOHP
FKDQJHRUGHUV
GHOD\
WKDWRQO\UHVXOWVLQWKHORVVRIDYDLODEOHIORDWRQWKHSURMHFWVFKHGXOH 2QDPRQWKO\EDVLVSULRUWRDSSOLFDWLRQIRUSD\PHQW\RXPXVWDUUDQJHDPHHWLQJZLWKWKH(QJLQHHUWR UHYLHZ\RXUXSGDWHGSURMHFWVFKHGXOH8SGDWHVPXVWLQFOXGHDFFXUDWHSURJUHVVGDWDDQGEHEDVHGXSRQ \RXU EHVW MXGJPHQW 8SGDWHV PXVW EH PDGH WR WKH SURMHFW VFKHGXOH LQ FRQVXOWDWLRQ ZLWK DOO VXEFRQWUDFWRUVDQGVXSSOLHUV
6(&7,2135(&216758&7,21&21)(5(1&(
5HSODFH6HFWLRQ3UHFRQVWUXFWLRQ&RQIHUHQFHZLWKWKHIROORZLQJ
7KH&LW\ZLOOH[HFXWHWKH&RQWUDFWZLWKWKHVXFFHVVIXO%LGGHUXSRQUHFHLSWRI

%
ERQGV
LQVXUDQFH
VLJQHG&RQWUDFW
7KH(QJLQHHUZLOOVHWDGDWHIRUWKHSUHFRQVWUXFWLRQFRQIHUHQFH7KHSUHFRQVWUXFWLRQFRQIHUHQFHZLOO WDNHSODFHZLWKLQ ZRUNLQJGD\VRI WKHH[HFXWLRQ RI WKH&RQWUDFWE\ WKH&LW\$WWHQGDQFHE\\RXU UHSUHVHQWDWLYHLVUHTXLUHG
6(&7,2167$572)-2%6,7($&7,9,7,(6
6(&7,21%67$1'$5'67$57
5HSODFH6HFWLRQ%6WDQGDUG6WDUW ZLWKWKHIROORZLQJ
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
&30EDVHOLQHVFKHGXOH
:3&3RU6:333ZKLFKHYHUDSSOLHV
1RWLILFDWLRQRI'5$QRPLQHHDQGGLVFORVXUHVWDWHPHQW &RQWLQJHQF\SODQIRURSHQLQJFORVXUHVWRWUDIILF
2WKHUVXEPLWWDOVDVFDOOHGRXWLQWKHVH6SHFLILFDWLRQV <RXPD\HQWHUWKHMREVLWHRQO\WRPHDVXUHFRQWUROOLQJILHOGGLPHQVLRQVWDNHSKRWRVRUYLGHRVDQGORFDWH XWLOLWLHV
'RQRWVWDUWRWKHUMREVLWHDFWLYLWLHVXQWLODOOWKHVXEPLWWDOVIURPWKHDERYHOLVWDUHDXWKRUL]HGRUDFFHSWHG DQGWKHIROORZLQJLQIRUPDWLRQLVUHFHLYHGE\WKH(QJLQHHU
1RWLFHRI0DWHULDOV7R%H8VHGIRUP
:ULWWHQVWDWHPHQW IURP WKHYHQGRU WKDW WKHRUGHU IRUVWUXFWXUDOVWHHOKDVEHHQ UHFHLYHGDQG DFFHSWHGE\WKHYHQGRU7KHVWDWHPHQWPXVWVKRZWKHGDWHVWKDWWKHPDWHULDOVZLOOEHVKLSSHG <RXPD\VWDUWMREVLWHDFWLYLWLHVEHIRUHWKHWKGD\DIWHU&RQWUDFWDSSURYDOLI\RX
2EWDLQVSHFLILHGDXWKRUL]DWLRQRUDFFHSWDQFHIRUHDFKVXEPLWWDOEHIRUHWKH6SHFLILHG'DWHLQWKH 1RWLFHWR3URFHHG
5HFHLYHDXWKRUL]DWLRQWRVWDUW
6XEPLWDQRWLFHKRXUVEHIRUHVWDUWLQJMREVLWHDFWLYLWLHV,IWKHSURMHFWKDVPRUHWKDQORFDWLRQRIZRUN VXEPLWDVHSDUDWHQRWLFHIRUHDFKORFDWLRQ
6(&7,217,0(
5HSODFH6HFWLRQ7LPHZLWKWKHIROORZLQJ

<RXPXVWFRPSOHWHDOORIWKHZRUNFDOOHGIRUXQGHUWKH&RQWUDFWZLWKLQWKHWLPHVHWIRUWKLQWKHVSHFLDO SURYLVLRQV
<RXPXVWFRPSOHWHDQ\GHVLJQDWHGSRUWLRQRIWKHSURMHFWZLWKLQWKHWLPHDVVKRZQRUVSHFLILHG

%
'HWHUPLQDWLRQWKDWDGD\LVDQRQZRUNLQJGD\E\UHDVRQRILQFOHPHQWZHDWKHURUFRQGLWLRQVUHVXOWLQJ WKHUHIURPZLOOEHPDGHE\WKH(QJLQHHU
7KH(QJLQHHUZLOOSURYLGHWKHVWDWXVRIZRUNLQJGD\VRQWKHPRQWKO\SURJUHVVSD\PHQWLQFOXGLQJ
WRWDOGD\V
GD\VXVHG
GD\VUHPDLQLQJ
<RXDUHUHVSRQVLEOHWRYHULI\WKHGD\VDUHFRUUHFWO\VKRZQRQWKHSD\HVWLPDWH,I\RXEHOLHYHDQHUURU KDVEHHQPDGHQRWLI\ WKH(QJLQHHULQZULWLQJZLWKLQ GD\V RI UHFHLSW RI WKH SD\ HVWLPDWH RU WKH VWDWXVRIGD\VLVGHHPHGDFFHSWHGDVFRUUHFW
&RPSOHWHDOOZRUNLQFOXGLQJSXQFKOLVWLWHPVEHIRUHWKHH[SLUDWLRQRIWKH&RQWUDFWWLPH 0RQWKO\VWDWXVRIZRUNLQJGD\VZLOORQO\EHSURYLGHGZKHQZRUNLQJGD\VDUHEHLQJFKDUJHGDQGPRQWKO\ SD\PHQWLVGXHWR\RX
6(&7,216863(16,216
5HSODFH6HFWLRQ6XVSHQVLRQVZLWKWKHIROORZLQJ

7KH (QJLQHHU PD\ VXVSHQG ZRUN ZKROO\ RU LQ SDUW GXH WR FRQGLWLRQV XQVXLWDEOH IRU ZRUN SURJUHVV 3URYLGHIRUSXEOLFVDIHW\DQGDVPRRWKDQGXQREVWUXFWHGSDVVDJHZD\WKURXJKWKHZRUN]RQHGXULQJWKH VXVSHQVLRQLQFRPSOLDQFHZLWK6HFWLRQVDQG 7KH(QJLQHHUPD\VXVSHQGZRUNZKROO\RULQSDUWGXHWR\RXUIDLOXUHWR
IXOILOOWKH(QJLQHHU
VRUGHUV
IXOILOOD&RQWUDFWSDUW
SHUIRUP ZHDWKHUGHSHQGHQW ZRUN ZKHQ FRQGLWLRQV DUH IDYRUDEOH VR WKDW ZHDWKHUUHODWHG XQVXLWDEOHFRQGLWLRQVDUHDYRLGHGRUGRQRWRFFXU
7KH(QJLQHHUPD\SURYLGH IRUDVPRRWKDQGXQREVWUXFWHGSDVVDJHZD\ WKURXJK WKHZRUNGXULQJ WKH VXVSHQVLRQDQGGHGXFWWKHFRVWIURPSD\PHQWV1RWLPHDGMXVWPHQWZLOOEHPDGHIRUWKHVXVSHQVLRQ 8SRQWKH(QJLQHHU
VRUGHURIVXVSHQVLRQVXVSHQGZRUNLPPHGLDWHO\5HVXPHZRUNZKHQRUGHUHG 6(&7,21'(/$<6
6(&7,21&3$<0(17$'-8670(176
5HSODFHVWSDUDJUDSKLQ6HFWLRQ&3D\PHQW$GMXVWPHQWVZLWKWKHIROORZLQJ
)RUDQH[FXVDEOHGHOD\WKDWDIIHFWV\RXUFRVWVWKH&LW\PD\PDNHDSD\PHQWDGMXVWPHQW 7KH&LW\GRHVQRWPDNHDSD\PHQWDGMXVWPHQW IRURYHUKHDGLQFXUUHGGXULQJQRQ±ZRUNLQJGD\V WKDW H[WHQGWKH&RQWUDFWLQWRDQDGGLWLRQDOFRQVWUXFWLRQVHDVRQ 6(&7,21/,48,'$7(''$0$*(6
5HSODFH WKH UG DQG WK SDUDJUDSK RI 6HFWLRQ $/LTXLGDWHG 'DPDJHV ZLWK WKH

IROORZLQJ

/LTXLGDWHG'DPDJHVIRUDOOZRUNLVGHILQHGLQWKH&RQWUDFW$JUHHPHQW)RUP 6(&7,21%)$,/85(72&203/(7(:25.3$576:,7+,163(&,),('7,0(6

%
6(&7,21 %

)$,/85( 72 &225',1$7( 6,*1$/ 7851216 675,3,1* $1' 6,*1,1*
$GG%

)DLOXUH7R&RRUGLQDWH6LJQDO7XUQ2QV6WULSLQJ$QG6LJQLQJDVIROORZV
,IVLJQDOWXUQRQURDGVWULSLQJDQGVLJQLQJDUHQRWFRRUGLQDWHGDVUHTXLUHGE\WKHSURMHFWVSHFLILFDWLRQV GDPDJHZLOOEHVXVWDLQHGE\WKH&LW\DQGLWVUHVLGHQWV6LQFHLWLVDQGZLOOEHLPSUDFWLFDOWRGHWHUPLQH WKHDFWXDOGDPDJHZKLFKWKH&LW\DQGLWVUHVLGHQWVZLOOVXVWDLQE\UHDVRQRI\RXUIDLOXUHWRFRPSO\ZLWK WKHSURMHFWVSHFLILFDWLRQVLWLVDJUHHGWKDW\RXZLOOSD\WRWKH&LW\WKHVXPRISHUGD\IRUHDFK
GD\WKDW\RXIDLOWRVWULSHWKHURDG
GD\WKDW\RXIDLOWRLQVWDOOUHTXLUHGVLJQVDIWHUWKHWKLUGGD\DIWHUDVLJQDOLVWXUQHGRQ GD\WKDW\RXIDLOWRWXUQRQDVLJQDODIWHUWKHVHFRQGGD\DIWHUVWULSLQJWKHURDG GD\WKDW\RXIDLOWRUHPRYHVLJQVZKLFKFRQIOLFWZLWKQHZVWULSLQJ GD\WKDW\RXIDLOWRLQVWDOOVLJQVDVVKRZQRUVSHFLILHG 6(&7,21)7(50,1$7,212)&21752/
$GG6HFWLRQ)DVIROORZV

:KHQHYHULQWKHRSLQLRQRIWKH&LW\WKH&RQWUDFWRUKDVIDLOHGWRVXSSO\DQDGHTXDWHIRUFHRIODERU HTXLSPHQWRUPDWHULDOVRISURSHUTXDOLW\RUKDVIDLOHGLQDQ\RWKHUUHVSHFWWRSURVHFXWHWKHZRUNZLWK WKH GLOLJHQFH VSHFLILHG LQ WKH &RQWUDFW
RU LI &RQWUDFWRU VKRXOG UHIXVH RU IDLO WR FRPSO\ ZLWK ODZV RUGLQDQFHV RU GLUHFWLRQV RI WKH (QJLQHHU
RU LI &RQWUDFWRU VKRXOG IDLO WR PDNH SURPSW SD\PHQWV WR VXEFRQWUDFWRUVRUIRUODERURUPDWHULDOV
RURWKHUZLVHEHLQEUHDFKRIWKLV&RQWUDFW
WKH&LW\PD\JLYH
ZULWWHQQRWLFHRIDWOHDVWILYH

FDOHQGDUGD\VWRWKH&RQWUDFWRUDQG&RQWUDFWRU
VVXUHWLHVWKDWLIWKH
GHIDXOWVDUHQRWUHPHGLHGZLWKLQDWLPHVSHFLILHGLQVXFKQRWLFHWKH&RQWUDFWRU VFRQWURORYHUWKHZRUN
ZLOOEHWHUPLQDWHG
,IWKH&RQWUDFWRUVKRXOGEHDGMXGJHGDVEDQNUXSWRUPDNHDQDVVLJQPHQWIRUWKHEHQHILWRI&RQWUDFWRU V
FUHGLWRUVRULIDUHFHLYHUVKRXOGEHDSSRLQWHGRQDFFRXQWRI&RQWUDFWRU¶VLQVROYHQF\WKH&LW\PD\GHFODUH WKH &RQWUDFWRU
V FRQWURO RYHU WKH ZRUN WHUPLQDWHG DQG VR QRWLI\ WKH &RQWUDFWRU DQG &RQWUDFWRU¶V VXUHWLHV
8SRQ VXFK WHUPLQDWLRQ WKH &LW\ PD\ WDNH SRVVHVVLRQ DQG XVH DOO RU DQ\ SDUW RI WKH &RQWUDFWRU V
PDWHULDOVWRROVHTXLSPHQWDQGDSSOLDQFHVXSRQWKHSUHPLVHVWRFRPSOHWHWKHZRUN WKH&LW\DVVXPLQJ
UHVSRQVLELOLW\IRUWKHILQDOUHOLQTXLVKPHQWRIVXFKHTXLSPHQWDWWKHFRQFOXVLRQRIWKHZRUNRUVRRQHU DWLWVRSWLRQLQDVJRRGFRQGLWLRQDVZKHQLWZDVWDNHQRYHUUHDVRQDEOHZHDUDQGWHDUH[FHSWHG DQG
WKH&LW\DJUHHVWRSD\IRUVXFKPDWHULDOVDQGWKHXVHRIVDLGHTXLSPHQWDWDUHDVRQDEOHFRPSHQVDWLRQ ,IWKH&RQWUDFWRU
VFRQWURORYHUWKHZRUNLVWHUPLQDWHGDVSURYLGHGDERYHWKH&RQWUDFWRULVQRWHQWLWOHG WRUHFHLYHDQ\SRUWLRQRI WKHDPRXQW WREHSDLGXQGHU WKH&RQWUDFWXQWLOLWLV IXOO\FRPSOHWHG $IWHU FRPSOHWLRQLIWKHXQSDLGEDODQFHH[FHHGVWKHVXPRIWKHDPRXQWH[SHQGHGE\WKH&LW\LQILQLVKLQJWKH ZRUNSOXVDOOGDPDJHVVXVWDLQHGRUWREHVXVWDLQHGE\WKH&LW\SOXVDQ\XQSDLGFODLPVRQDFFRXQWRI ODERUPDWHULDOV WRROV HTXLSPHQW RU VXSSOLHV FRQWUDFWHG IRU E\ WKH &RQWUDFWRU IRU WKH ZRUN KHUHLQ FRQWHPSODWHGWKHH[FHVVQRWRWKHUZLVHUHTXLUHGE\WKHVH&RQWUDFW'RFXPHQWVWREHUHWDLQHGVKDOOEH SDLGWKH&RQWUDFWRU
7KH&LW\UHVHUYHVWKHULJKWWRWHUPLQDWHWKHZRUNIRULWVFRQYHQLHQFHXSRQZULWWHQQRWLFHWR&RQWUDFWRU ,QVXFKHYHQWWKH&RQWUDFWRUVKDOOEHSDLGLWVUHDVRQDEOHFRVWVIRUWKDWSRUWLRQRIWKHZRUNSHUIRUPHG WRWKHGDWHRIWHUPLQDWLRQUHDVRQDEOHFRVWVDVVRFLDWHGZLWKGHPRELOL]DWLRQSOXVILIWHHQSHUFHQW

RIDOOVXFKFRVWVIRURYHUKHDGDQGSURILW

3$<0(17
7KH%LGGHU
VDWWHQWLRQLVGLUHFWHG WR WKHSURYLVLRQVLQ'LYLVLRQ ,6HFWLRQ 3D\PHQWRI WKH&DOWUDQV
6WDQGDUG6SHFLILFDWLRQVODWHVWHGLWLRQDVPRGLILHGE\WKHVHVSHFLDOSURYLVLRQVDVVHWIRUWKEHORZIRUWKH UHTXLUHPHQWVDQGFRQGLWLRQVZKLFKKHVKHPXVWREVHUYHLQWKHSUHSDUDWLRQRIWKHSURSRVDOIRUPDQG WKHVXEPLVVLRQRIWKHELG
5HSODFH 'HOHWH RU $GG WR 'LYLVLRQ , 6HFWLRQ
3D\PHQW RI WKH &DOWUDQV 6WDQGDUG
6SHFLILFDWLRQVDVIROORZV

6(&7,21
$*(1(5$/
$GGWR6HFWLRQ
$*HQHUDODVIROORZV

)LQDOSD\LWHPTXDQWLWLHVDUHGHVLJQDWHGZLWKDQ³
)
´LQWKHELGLWHPOLVW
6(&7,21
3$<0(176&23(
$GGWR6HFWLRQ
3D\PHQW6FRSHDVIROORZV

:KHQWKH(QJLQHHUGRHVQRWUHWDLQDSRUWLRQRIWKHIXQGVGXULQJWKHSURVHFXWLRQRIWKHZRUNDVUHTXLUHG RQ IHGHUDOO\ IXQGHGSURMHFWV\RXPD\QRW UHWDLQDSRUWLRQRI WKH IXQGVGXH WRVXEFRQWUDFWRUVZKHQ PDNLQJSURJUHVVSD\PHQWV
7KH&LW\GRHVQRWSD\LQWHUHVWRQSURJUHVVSD\PHQWUHWHQWLRQV <RXUELGSULFHVLQFOXGHDOOLWHPVRIZRUNDQGPDWHULDOVDVVKRZQDQGFDOOHGRXWLQWKHSURMHFWVSHFLDO SURYLVLRQV QHFHVVDU\ WR FRPSOHWH DOO WKH ZRUN 7KH FRQWUDFW SULFHV IRU GRLQJ WKH ZRUN LQFOXGH IXOO FRPSHQVDWLRQIRUIXUQLVKLQJDOO

ODERU
PDWHULDOV
WRROV
HTXLSPHQW
LQFLGHQWDOV
WRFRPSOHWHWKHZRUN
$Q\LWHPVRIZRUNWKDWGRHVQRWKDYHDVHSDUDWHSD\LWHPLVFRQVLGHUHGLQFOXGHGLQRWKHULWHPVFRVWRI ZRUNDQGQRDGGLWLRQDOFRPSHQVDWLRQZLOOEHSDLG

)25&($&&2817

$*(1(5$/
$GGWR6HFWLRQ
$*HQHUDODVIROORZV

:KHQ IRUFHDFFRXQWRUH[WUDZRUNLVLQGLVSXWH\RXPXVWVWLOOUHYLHZ\RXUGDLO\ZRUN UHSRUW IRU WKH GLVSXWHGZRUNZLWK WKH(QJLQHHUHYHU\GD\7KHGDLO\ZRUNPXVWEHVLJQHGE\ WKH(QJLQHHUGDLO\ WR YHULI\WKDW\RXUUHSRUWKDVEHHQUHYLHZHG)LQDOGHWHUPLQDWLRQDVWRZKHWKHUWKHZRUNLVLQFOXGHGLQWKH FRQWUDFWZRUNRULVH[WUDZRUNPD\EHGHFLGHGDIWHUWKHZRUNLVFRPSOHWHG 6(&7,21
%/$%25
$GGWR6HFWLRQ
%/DERUDVIROORZV

)RUWKHSXUSRVHVRIFDOFXODWLQJWKHFRVWRIH[WUDZRUNRUIRUFHDFFRXQWSD\PHQW
RZQHU
VXSHULQWHQGHQWV

%
RWKHUVDODULHGHPSOR\HHV
SHUIRUPLQJZRUNRQWKHSURMHFWPXVWEHELOOHGDWWKHSUHYDLOLQJZDJHFRUUHVSRQGLQJWRWKHW\SHRIZRUN SHUIRUPHGDVVKRZQLQWKHFXUUHQWODERUUDWHSXEOLFDWLRQ 6(&7,21
'(48,30(175(17$/
6(&7,21
'

*(1(5$/
$GGWR6HFWLRQ
'

*HQHUDODVIROORZV

<RXPXVWVXEPLWDOLVWRIHTXLSPHQWDQWLFLSDWHGWREHXVHGRQWKHSURMHFWDQGWKHDVVRFLDWHG&DOWUDQV HTXLSPHQWUHQWDOUDWH,IWKHUHLVQRHVWDEOLVKHGUDWHIRUHTXLSPHQWSODQQHGWREHXVHGIXUQLVKWKDW LQIRUPDWLRQ WR WKH(QJLQHHU3URYLGHHTXLSPHQWVXEPLWWDOZLWK&DOWUDQVUDWHVDW WKHSUHFRQVWUXFWLRQ FRQIHUHQFH7KHPRVWFXUUHQW&DOWUDQVHTXLSPHQWUHQWDOUDWHSXEOLFDWLRQDWWKHGDWHRIFRQWUDFWDZDUG ZLOOEHXVHGIRUWKHHQWLUHSURMHFW
6(&7,21
3$<0(17$'-8670(176)2535,&(,1'(;)/8&78$7,216
'HOHWH6HFWLRQ

6(&7,21
352*5(663$<0(176
6(&7,21
$*(1(5$/
5HSODFH6HFWLRQ
ZLWK

7KH&LW\RQFHLQHDFKPRQWKVKDOOFDXVHDQHVWLPDWHLQZULWLQJ WREHPDGHE\ WKH(QJLQHHU 7KH HVWLPDWHVKDOOLQFOXGHWKHWRWDODPRXQWRIZRUNGRQHDQGDFFHSWDEOHPDWHULDOVIXUQLVKHGSURYLGHGWKH DFFHSWDEOHPDWHULDOVDUHOLVWHGDVHOLJLEOHIRUSDUWLDOSD\PHQWDVPDWHULDOVLQWKHVSHFLDOSURYLVLRQVDQG DUH IXUQLVKHG DQG GHOLYHUHG E\ WKH &RQWUDFWRU
SURYLGHG WKDW WKH &RQWUDFWRU IXUQLVKHV HYLGHQFH
VDWLVIDFWRU\WRWKH(QJLQHHUWKDWWKHPDWHULDOVDUHVWRUHGLQDQDUHDVXEMHFWWRRUXQGHUWKHFRQWURORI WKH&LW\WRWKHWLPHRIWKHHVWLPDWHDQGWKHYDOXHWKHUHRI 7KHHVWLPDWHVKDOODOVRLQFOXGHDQ\DPRXQWV
SD\DEOHIRUPRELOL]DWLRQ'DLO\H[WUDZRUNUHSRUWVIXUQLVKHGE\WKH&RQWUDFWRUOHVVWKDQFDOHQGDUGD\V QRWLQFOXGLQJ6DWXUGD\V6XQGD\VDQGOHJDOKROLGD\VSULRUWRWKHSUHSDUDWLRQRIWKHPRQWKO\SURJUHVV HVWLPDWHVKDOOQRWEHHOLJLEOHIRUSD\PHQWXQWLOWKHIROORZLQJPRQWK VHVWLPDWH
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

%
VWRS QRWLFHV VHFXULW\ LQWHUHVWV DQG HQFXPEUDQFHV LQ IDYRU RI &RQWUDFWRU VXEFRQWUDFWRUV RU RWKHU SHUVRQVRUILUPVHQWLWOHGWRPDNHFODLPVE\UHDVRQRIKDYLQJSURYLGHGODERUPDWHULDOVRUHTXLSPHQW UHODWHGWRWKHZRUN
3D\PHQWRIDOORUDQ\SDUWRIDQDSSOLFDWLRQ IRUSD\PHQWPD\EHZLWKKHOGDFHUWLILFDWHRISD\PHQW PD\EHZLWKKHOG DOO RUSDUW RI DSUHYLRXV FHUWLILFDWH IRUSD\PHQWPD\EHQXOOLILHG DQG WKDW DPRXQW ZLWKKHOGIURPDFXUUHQWFHUWLILFDWHIRUSD\PHQWRUWKH&LW\PD\ZLWKKROGIURPSD\PHQWRQDFFRXQWRI DQ\RIWKHIROORZLQJ

'HIHFWLYHZRUNQRWUHPHGLHG

7KLUGSDUW\FODLPVDJDLQVW&RQWUDFWRURU&LW\DULVLQJIURPWKHDFWVRURPLVVLRQVRI&RQWUDFWRURU

VXEFRQWUDFWRUV

6WRS1RWLFHV

)DLOXUHRI&RQWUDFWRUWRPDNHWLPHO\SD\PHQWVGXHWRVXEFRQWUDFWRUVIRUPDWHULDORUODERU
'DPDJHWRWKH&LW\RURWKHUVIRUZKLFK&RQWUDFWRULVUHVSRQVLEOH
)DLOXUHRI&RQWUDFWRUWRPDLQWDLQXSGDWHDQGVXEPLWUHFRUGGRFXPHQWV
)DLOXUH RI &RQWUDFWRU WR VXEPLW VFKHGXOHV RU WKHLU XSGDWHV DV UHTXLUHG E\ WKH &RQWUDFW 'RFXPHQWV

3HUIRUPDQFHRIWKHZRUNE\&RQWUDFWRUZLWKRXWSURSHUO\SURFHVVHGVKRSGUDZLQJV

/LTXLGDWHGGDPDJHVDVVHVVHG

$Q\RWKHUIDLOXUHRI&RQWUDFWRUWRSHUIRUPLWVREOLJDWLRQVXQGHUWKH&RQWUDFW'RFXPHQWV 7KHUHTXHVWIRUDSURJUHVVSD\PHQWVKDOOEHWXUQHGLQWRWKH&LW\E\WKHWKRIHDFKPRQWKDQGWKH &LW\VKDOOSURFHVVSD\PHQWWREHUHDG\E\WKHWKRIWKHIROORZLQJPRQWK3XUVXDQWWR3XEOLF&RQWUDFW &RGH6HFWLRQLI&LW\IDLOVWRPDNHDSURJUHVVSD\PHQWLQDWLPHO\PDQQHULWVKDOOSD\LQWHUHVW WR&RQWUDFWRUDWWKHOHJDOUDWHVHWIRUWKLQWKH&RGHRI&LYLO3URFHGXUH6HFWLRQ H
8SRQSD\PHQW
RIDSURJUHVVLQYRLFHWKH&LW\LVKHUHE\JUDQWHGWLWOHDQGRZQHUVKLSWRDOOZRUNLQSURJUHVVGUDZLQJV PDWHULDOVHTXLSPHQWPDFKLQHU\ILWWLQJVLWHPVRIRXWILWDQGIXUQLVKHGJRRGVLQYRLFHGIRUDVUHTXLUHG E\WKLV$JUHHPHQWZKLFKVKDOOEHIUHHRIHQFXPEUDQFHV $GGWR6HFWLRQ
$*HQHUDODVIROORZV

,WHPV&RQWUDFWRUZDQWV(QJLQHHUWREHHOLJLEOHIRUSURJUHVVSD\PHQWHYHQLIWKH\DUHQRWLQFRUSRUDWHG LQWRWKHZRUNVKDOOEHGHWHUPLQHGZLWKDZULWWHQFKDQJHRUGHU 3URJUHVVSD\PHQWVZLOOSURYLGH\RXFRPSHQVDWLRQIRUZRUNDQGHOLJLEOHPDWHULDOVWKURXJKWKHODVWGD\ RIWKHPRQWK1RSURJUHVVSD\PHQWZLOOEHPDGHZKHQWKHZRUNLVQRWSURFHHGLQJLQFRPSOLDQFHZLWK WKHFRQWUDFW RUZKHQ WKH WRWDOYDOXH RI WKHZRUNGRQHVLQFH WKHODVWSURJUHVVSD\PHQWLVOHVV WKDQ DVGHWHUPLQHGE\WKH(QJLQHHU
6(&7,21
&0$7(5,$/621+$1'
5HSODFH6HFWLRQ
&0DWHULDOVRQ+DQGZLWKWKHIROORZLQJ

0DWHULDOVRQKDQGEXWQRWLQFRUSRUDWHGLQWR WKHZRUNDUHHOLJLEOH IRUSURJUHVVSD\PHQWRI ILIW\SHUFHQW

RIWKHYDOXHRIWKHPDWHULDOVIXUQLVKHGDQGGHOLYHUHGDQGXQXVHG)RUPDWHULDOVWREHHOLJLEOHIRU SURJUHVVSD\PHQW

WKHFRVWRIWKHPDWHULDOVPXVWEHJUHDWHUWKDQ DQLQYRLFHLVSURYLGHGIRUWKHPDWHULDOFOHDUO\VKRZLQJWKHPDWHULDOLV IRUWKLVFXUUHQWZRUN DQGFRVW
WKHPDWHULDOLVVWRUHGLQDVHFXUH\DUGDQGPDGHDYDLODEOHWRWKH(QJLQHHUIRULQVSHFWLRQ DUHTXHVWIRUSDUWLDOSD\PHQWLVPDGH
6(&7,21
(:,7++2/'6
5HSODFHVWSDUDJUDSKLQ6HFWLRQ
(

ZLWK

%
7KH&LW\ZLWKKROGVSHUFHQWRIDSURJUHVVSD\PHQWIRUQRQFRPSOLDQWSURJUHVV1RQFRPSOLDQW SURJUHVVRFFXUVZKHQ

7RWDOGD\VWRGDWHH[FHHGSHUFHQWRIWKHZRUNLQJGD\V 3HUFHQWRIZRUNLQJGD\VHODSVHGH[FHHGVWKHSHUFHQWRIYDOXHRIZRUNFRPSOHWHGE\PRUHWKDQ SHUFHQW
$GGWR6HFWLRQ
(

7KH&LW\PD\ZLWKKROGDSRUWLRQRI\RXUSD\PHQWIRUILQHVDQGPLWLJDWLRQLPSRVHGE\RXWVLGH UHJXODWRU\DXWKRULWLHVDVDUHVXOWRI\RXUIDLOXUHWRFRPSO\ZLWKUHJXODWLRQVDQGSHUPLWV 8SRQ&RQWUDFWRU
VUHTXHVW&LW\ZLOOPDNHSD\PHQWRIIXQGVZLWKKHOGIURPSURJUHVVSD\PHQWV SXUVXDQWWRWKHUHTXLUHPHQWVRI3XEOLF&RQWUDFW&RGH6HFWLRQLI&RQWUDFWRUGHSRVLWVLQHVFURZ ZLWK&LW\RUZLWKDEDQNDFFHSWDEOHWR&LW\VHFXULWLHVHOLJLEOHIRULQYHVWPHQWXQGHU*RYHUQPHQW&RGH 6HFWLRQEDQNRUVDYLQJVDQGORDQFHUWLILFDWHVRIGHSRVLWLQWHUHVWEHDULQJGHPDQGGHSRVLW DFFRXQWVVWDQGE\OHWWHUVRIFUHGLWRUDQ\RWKHUVHFXULW\PXWXDOO\DJUHHGWRE\&RQWUDFWRUDQG&LW\ XSRQWKHIROORZLQJFRQGLWLRQV

D&RQWUDFWRUVKDOOEHDUWKHH[SHQVHRI&LW\DQGWKHHVFURZDJHQWLQFRQQHFWLRQZLWKWKHHVFURZ GHSRVLWPDGH
E6HFXULWLHVRUFHUWLILFDWHVRIGHSRVLWWREHSODFHGLQHVFURZVKDOOEHRIDYDOXHDWOHDVWHTXLYDOHQW WRWKHDPRXQWVRIUHWHQWLRQWREHSDLGWR&RQWUDFWRUSXUVXDQWWRWKLVVHFWLRQ F&RQWUDFWRUVKDOOHQWHULQWRDQHVFURZ&RQWUDFWVDWLVIDFWRU\WR&LW\ZKLFK&RQWUDFWVKDOOEH VXEVWDQWLDOO\VLPLODUWRWKHIRUPSURYLGHGLQ3XEOLF&RQWUDFW&RGH6HFWLRQ G&RQWUDFWRUVKDOOREWDLQWKHZULWWHQFRQVHQWRIWKHVXUHW\WRVXFK&RQWUDFW 6(&7,21
(

6723127,&(:,7++2/'6
5HSODFH6HFWLRQ
(

6WRS1RWLFH:LWKKROGVZLWKWKHIROORZLQJ

7KH&LW\VKDOOZLWKKROGSD\PHQWVWRFRYHUFODLPVILOHGXQGHU&LYLO&RGH HWVHT7KH&LW\ZLOOZLWKKROG
SHUFHQWRIWKHYDOXHRIDOO6WRS1RWLFHVLQDFFRUGDQFHZLWK&LYLO&RGH
6WRSQRWLFHLQIRUPDWLRQPD\EHREWDLQHGIURPWKH(QJLQHHU 6(&7,21
)5(7(17,216
5HSODFH6HFWLRQ
)5HWHQWLRQVZLWKWKHIROORZLQJ

3XEOLF&RQWUDFW&RGHGRHVQRWDSSO\WRWKH&LW\
&LW\VKDOOUHWDLQILYHSHUFHQW

RIWKHHVWLPDWHGYDOXHRIWKHZRUNFRPSOHWHGDQGILYHSHUFHQW

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
6(&7,21
3$<0(17$)7(5&2175$&7$&&(37$1&(
6(&7,21
&352326('),1$/(67,0$7(

%

'HOHWHUGSDUDJUDSKLQ6HFWLRQ
& 3URSRVHG)LQDO(VWLPDWH
6(&7,21
'),1$/3$<0(17$1'&/$,06
6(&7,21
'

*(1(5$/
5HSODFH6HFWLRQ
'

*HQHUDOZLWKWKHIROORZLQJ

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

,I &RQWUDFWRU VXEPLWV D FODLP VWDWHPHQW ZLWKLQ GD\V RI UHFHLYLQJ WKH (QJLQHHU¶V SURSRVHG ILQDO HVWLPDWH WKH(QJLQHHUZLOOSURFHVV IRUSD\PHQW WKHSURSRVHG ILQDOSD\HVWLPDWH IRUSD\PHQWRI WKH XQFRQWHVWHGDPRXQWGXH7KH(QJLQHHUZLOOSD\WKHXQFRQWHVWHGDPRXQWGXHZLWKLQGD\VIURPWKH GDWHWKHQRWLFHRIFRPSOHWLRQLVILOHGZLWKWKH&LW\RI(PHU\YLOOH7KHXQFRQWHVWHGDPRXQWGXHHVWLPDWH LVFRQFOXVLYHDVWRWKHDPRXQWRIZRUNFRPSOHWHGDQGWKHDPRXQWSD\DEOHH[FHSWDVDIIHFWHGE\WKH FODLPVRUDVVSHFLILHGLQ6HFWLRQVDQG
6(&7,21
'

&/$,067$7(0(17
6(&7,21
'

$
*(1(5$/
$GGWR6HFWLRQ
'

D
*HQHUDODVIROORZV

)RUHDFKFODLPVXEPLWDFODLPVWDWHPHQWVKRZLQJ

7KHLGHQWLILFDWLRQQXPEHU
'DWHWKH,QLWLDO3RWHQWLDO&ODLPZDVIXUQLVKHGWRWKH(QJLQHHU 'DWHWKH6XSSOHPHQWDO3RWHQWLDO&ODLPZDVIXUQLVKHGWRWKH(QJLQHHU 7KHILQDODPRXQWRIDGGLWLRQDOSD\PHQWUHTXHVWHG
$WWDFKDFRS\RIWKH)XOODQG)LQDO3RWHQWLDO&ODLP5HFRUG 6XEPLWFODLPVWR

&LW\(QJLQHHU
&LW\RI(PHU\YLOOH±3XEOLF:RUNV'HSDUWPHQW
3DUN$YHQXH
(PHU\YLOOH&$

6(&7,21
'

'
:$,9(5
$GGWRVWSDUDJUDSKLQ6HFWLRQ
'

G
:DLYHUDVIROORZV

<RXGLGQRWFRPSO\ZLWKDSSOLFDEOHQRWLFHRUSURWHVWUHTXLUHPHQWVLQFOXGLQJEXWQRWOLPLWHGWR
6HFWLRQ

6HFWLRQ

6HFWLRQ
RU
6HFWLRQ
6(&7,21
'

),1$/'(7(50,1$7,212)&/$,06
'HOHWHWKSDUDJUDSKLQ6HFWLRQ
'

)LQDO'HWHUPLQDWLRQRI&ODLPV
6(&7,21
$5%,75$7,21
5HSODFH6HFWLRQ
$UELWUDWLRQZLWKWKHIROORZLQJ

6HFWLRQ
&ODLP5HVROXWLRQ3URFHGXUH

%
)RU DOO FODLPV FRQWHVWHG E\ WKH (QJLQHHU DQG QRW LQFOXGHG LQ WKH VHPLILQDO HVWLPDWH WKH (QJLQHHU PD\ UHTXHVW DGGLWLRQDO LQIRUPDWLRQ ZLWKLQ GD\V RI VXEPLWWDO RI WKH VHPLILQDO HVWLPDWH$SURRIRIPDLOLQJRUGHOLYHU\PXVWEHUHWDLQHG <RXPXVWVXEPLWWRWKH(QJLQHHUWKHLQIRUPDWLRQUHTXHVWHGIRUHDFKFODLPZLWKLQGD\VRI WKHGDWHRIPDLOLQJRIWKH(QJLQHHU¶VUHTXHVW3URRIRIPDLOLQJRU(QJLQHHU¶VUHFHLSWZLOOEH UHWDLQHG IRU WKHVXEPLWWDO)DLOXUH WR WLPHO\VXEPLW WKHLQIRUPDWLRQUHTXHVWHGLVGHHPHGD ZDLYHURIWKHFODLP
7KH(QJLQHHUZLOOVXEPLWDZULWWHQUHVSRQVHWR\RXIRUHDFKFODLPZLWKLQGD\VDIWHUWKH GDWHRIPDLOLQJRI\RXUVXEPLWWDORULIWKH(QJLQHHUGLGQRWUHTXHVWDGGLWLRQDOLQIRUPDWLRQ ZLWKLQGD\VRIVXEPLWWDORIWKHVHPLILQDOHVWLPDWH ,I\RXGLVSXWHWKH(QJLQHHU¶VZULWWHQUHVSRQVHWRDQ\FODLPRUWKH(QJLQHHUIDLOVWRUHVSRQG ZLWKLQWKHWLPHVSHFLILHG\RXPXVWQRWLI\WKH(QJLQHHULQZULWLQJHLWKHUZLWKLQGD\VRIWKH (QJLQHHU¶VUHVSRQVHRUWKH(QJLQHHU¶VIDLOXUHWRUHVSRQGZLWKLQWKHVSHFLILHGWLPHSHULRGDQG GHPDQGDQLQIRUPDOPHHWLQJWRGLVFXVVDQGDWWHPSWWRVHWWOHWKHLVVXHVUHPDLQLQJLQGLVSXWH 8SRQUHFHLSWRIVXFKDGHPDQGWKH(QJLQHHUZLOOVFKHGXOHVXFKDPHHWLQJZLWKLQGD\V )ROORZLQJWKHPHHWLQJLIDQ\FODLPRUSRUWLRQWKHUHRIUHPDLQVLQGLVSXWH\RXPD\ILOHDFODLP DVSURYLGHGLQ*RYHUQPHQW&RGH
DQGIROORZLQJ
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¶V UHTXHVW RUGHU DQ\ ZLWQHVVHV WRSDUWLFLSDWHLQ WKHPHGLDWLRQSURFHVV7KHSDUW\ UHTXHVWLQJ WKHDSSHDUDQFHRI DQ\ZLWQHVVPXVWSD\WKHFRVWVDQGH[SHQVHVRIWKHZLWQHVV 6(&7,21
&,7<%,//,1*
$GG6HFWLRQ
&LW\%LOOLQJDVIROORZV

:KHUH&LW\VWDII DQG HTXLSPHQW DUHXVHG IRUZRUNELOOLQJZLOOEHGRQH DW WKHKRXUO\ELOOLQJ UDWH IRU SDUWLFXODUO\LQYROYHG&LW\VWDII&LW\PDWHULDOVDQGHTXLSPHQWZLOOEHELOOHGLQFRPSOLDQFHZLWK6HFWLRQ

:RUNSHUIRUPHGE\DWKLUGSDUW\ZLOOEHELOOHGDWWKHDPRXQWFKDUJHGWRWKH&LW\IRUWKHZRUN SOXVDQDGGLWLRQDOILYHSHUFHQWPDUNXS7KHWRWDOFRVWSOXVPDUNXSPD\EHUHWDLQHGIURPFRQWUDFWRUIRU SULYDWHZRUNELOOHGWRSHUPLWWHH

3$57&
63(&,$/3529,6216
)25
6$1,7$5<6(:(563275(3$,5352-(&7)<
3URMHFW1R(3:
6(&7,21 0,6&(//$1(286
&OHDQ8SDQG'XVW&RQWURO
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
%HIRUHILQDODFFHSWDQFHRIWKHZRUNWKH&RQWUDFWRUVKDOOFDUHIXOO\FOHDQXSWKHZRUNDUHDDQG SUHPLVHV UHPRYH DOO VXUSOXV FRQVWUXFWLRQPDWHULDOV DQG UXEELVKRI DOO NLQGVIURPWKH JURXQGV ZKLFKKHKDVRFFXSLHGDQGOHDYHWKHPLQDQHDWFRQGLWLRQ &RRSHUDWLRQ
$WWHQWLRQ LV GLUHFWHG WR 6HFWLRQV &RRSHUDWLRQ DQG 8WLOLW\ DQG 1RQ+LJKZD\
)DFLOLWLHVRIWKH6WDQGDUG6SHFLILFDWLRQVDQGWKHVH6SHFLDO3URYLVLRQV 3D\PHQWIRUFRRUGLQDWLRQDQGFRRSHUDWLRQVKDOOEHFRQVLGHUHGDVIXOO\FRPSHQVDWHGLQWKHYDULRXV UHODWHGLWHPVRIZRUNDQGWKHUHIRUHQRVHSDUDWHSD\PHQWZLOOEHDOORZHGIRUVDLGFRRUGLQDWLRQDQG FRRSHUDWLRQEHWZHHQ&RQWUDFWRUVXWLOLW\FRPSDQLHVRUSURSHUW\RZQHUV 2EVWUXFWLRQV
$WWHQWLRQ LV GLUHFWHG WR 6HFWLRQ ³8WLOLW\ DQG 1RQ+LJKZD\ )DFLOLWLHV´ DQG 6HFWLRQ ³([LVWLQJ+LJKZD\)DFLOLWLHV´RIWKH6WDQGDUG6SHFLILFDWLRQVDVZHOODV6HFWLRQRIWKH*UHHQ %RRNDQGWKHVH6SHFLDO3URYLVLRQV
7KH&RQWUDFWRU¶VDWWHQWLRQLVGLUHFWHGWRWKHH[LVWHQFHRIFHUWDLQXQGHUJURXQGIDFLOLWLHVWKDWPD\ UHTXLUHVSHFLDOSUHFDXWLRQVEHWDNHQE\WKH&RQWUDFWRUWRSURWHFWWKHIDFLOLW\DQGWKHKHDOWKVDIHW\ DQGZHOIDUHRIWKHZRUNPHQDQGRIWKHSXEOLF)DFLOLWLHVUHTXLULQJVSHFLDOSUHFDXWLRQVLQFOXGHEXW DUH QRW OLPLWHG WR
QDWXUDO JDV LQ SLSHOLQHV RSHUDWLQJ DW SUHVVXUHV JUHDWHUWKDQ SVL JDJH

XQGHUJURXQGHOHFWULFVXSSO\V\VWHPFRQGXFWRUVRUFDEOHVZLWKSRWHQWLDOWRJURXQGRIPRUHWKDQ YROWV HLWKHU GLUHFWO\ EXULHG RU LQ GXFW RU FRQGXLW ZKLFK GR QRW KDYH FRQFHQWULF JURXQGHG FRQGXFWRUVRURWKHUHIIHFWLYHO\JURXQGHGPHWDOVKLHOGVRUVKHDWKV ZDWHUOLQHVWHOHSKRQHOLQHV
FDEOHYLVLRQOLQHVVWRUPGUDLQVVDQLWDU\VHZHUOLQHVHWF

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

1RWLILFDWLRQ&HQWHU 7HOHSKRQH
8QGHUJURXQG6HUYLFH$OHUW

1RUWKHUQ&DOLIRUQLD
86$

&RQVWUXFWLRQ$UHD6LJQV
&RQVWUXFWLRQDUHDVLJQVVKDOOEHIXUQLVKHGLQVWDOOHGPDLQWDLQHGDQGUHPRYHGZKHQQRORQJHU UHTXLUHG LQ DFFRUGDQFH ZLWK WKH SURYLVLRQV LQ 6HFWLRQ ³&RQVWUXFWLRQ $UHD 7UDIILF &RQWURO 'HYLFHV´ RI WKH 6WDQGDUG 6SHFLILFDWLRQV DQG DV VKRZQ RQ WKH SODQV DQG WKHVH 6SHFLDO 3URYLVLRQV
,Q DGGLWLRQWRWKH VWDQGDUG FRQVWUXFWLRQ DUHD VLJQDJH3URMHFW6LJQV VKDOO EH UHTXLUHG DW HDFK ORQJLWXGLQDODSSURDFKWRDFWLYHZRUNDUHDV
3URMHFW6LJQVVKDOOEH¶ZLGHE\¶WDOODQGZRUGHGDVIROORZV
&,7<2)(0(5<9,//(
6$1,7$5<6(:(563275(3$,5352-(&7
&2175$&725¶6&217$&7
3+21(

$OOH[FDYDWLRQVUHTXLUHGWRLQVWDOOFRQVWUXFWLRQDUHDVLJQVVKDOOEHSHUIRUPHGE\KDQGPHWKRGV ZLWKRXWWKHXVHRISRZHUHTXLSPHQWH[FHSWWKDWSRZHUHTXLSPHQWPD\EHXVHGLILWLVGHWHUPLQHG WRWKHVDWLVIDFWLRQRIWKHHQJLQHHUWKDWWKHUHDUHQRXWLOLW\IDFLOLWLHVLQWKHDUHDRIWKHSURSRVHG SRVWKROHH[FDYDWLRQV
)XOO FRPSHQVDWLRQIRUIXUQLVKLQJ SODFLQJPDLQWDLQLQJ DQG UHPRYDO RI FRQVWUXFWLRQ DUHD VLJQV VKDOOEHLQFOXGHGLQDOORWKHULWHPVRIZRUNDQGQRVHSDUDWHSD\PHQWZLOOEHDOORZHGWKHUHIRUH 0DLQWDLQLQJ7UDIILF
$WWHQWLRQ LV GLUHFWHG WR 6HFWLRQV 3XEOLF &RQYHQLHQFH 3XEOLF 6DIHW\ DQG
&RQVWUXFWLRQ$UHD7UDIILF&RQWURO'HYLFHVRIWKH6WDQGDUG6SHFLILFDWLRQVDQGWRWKH6HFWLRQ HQWLWOHG 3XEOLF6DIHW\HOVHZKHUHLQWKHVH VSHFLDOSURYLVLRQVDQGWRWKHVH VSHFLDOSURYLVLRQV 1RWKLQJ LQ WKHVH VSHFLDO SURYLVLRQV VKDOO EH FRQVWUXHG DV UHOLHYLQJ WKH &RQWUDFWRU IURP KLV UHVSRQVLELOLW\DVSURYLGHGLQVDLG6HFWLRQ

7KHZRUNVKDOOEHSHUIRUPHGVXFKWKDWDODQHRIWUDIILFUHPDLQVRSHQWRWKHSXEOLFLQHDFKGLUHFWLRQ RIWUDYHO/DQHFORVXUHVVKDOOFRQIRUPWRWKHSURYLVLRQVLQ6HFWLRQ³&RQVWUXFWLRQ$UHD7UDIILF &RQWURO'HYLFHV´RIWKH6WDQGDUG6SHFLILFDWLRQV

7KH&RQWUDFWRUVKDOOFRRSHUDWHZLWKORFDODXWKRULWLHVUHODWLYHWRKDQGOLQJWUDIILFWKURXJKWKHDUHD DQG VKDOO PDNH KLV RZQ DUUDQJHPHQWV UHODWLYH WR NHHSLQJ WKH ZRUNLQJ DUHD FOHDU RI SDUNHG YHKLFOHV6XFKDUUDQJHPHQWVVKDOOEHVXEMHFWWRWKHSULRUZULWWHQDSSURYDORIWKH(QJLQHHU $FFHVVWR EXVLQHVV DQG UHVLGHQWLDO SURSHUWLHV VKDOO EHPDLQWDLQHG DW DOO WLPHV WKURXJKRXWWKH SURMHFW
([LVWLQJ SHGHVWULDQ DFFHVVIDFLOLWLHV VKDOO EHPDLQWDLQHGWKURXJK FRQVWUXFWLRQ DUHDV ZLWKLQWKH ULJKWRIZD\DVVSHFLILHGKHUHLQ3HGHVWULDQZDONZD\VVKDOOEHSURYLGHGZLWKVXUIDFLQJRIDVSKDOW FRQFUHWH 3RUWODQG FHPHQW FRQFUHWH RU WLPEHU 6XUIDFH VKDOO EH VNLG UHVLVWDQW DQG IUHH RI LUUHJXODULWLHV
3HUVRQDO YHKLFOHV RI WKH &RQWUDFWRU¶V HPSOR\HHV VKDOO QRW EH SDUNHG RQ WKH WUDYHOHG ZD\ RU VKRXOGHUVLQFOXGLQJDQ\VHFWLRQFORVHGWRSXEOLFWUDIILF )XOO FRPSHQVDWLRQ IRU PDLQWDLQLQJ WUDIILF DV GHVFULEHG KHUHLQ VKDOO EH FRQVLGHUHG DV IXOO\ FRPSHQVDWHG LQ WKH YDULRXV UHODWHG LWHPV RI ZRUN DQG QR VHSDUDWH SD\PHQW ZLOO EH DOORZHG WKHUHIRUH
([LVWLQJ+LJKZD\)DFLOLWLHV
7KHZRUN SHUIRUPHG LQ FRQQHFWLRQZLWK YDULRXVH[LVWLQJ KLJKZD\IDFLOLWLHV VKDOO FRQIRUPWRWKH SURYLVLRQVLQ6HFWLRQ([LVWLQJ+LJKZD\)DFLOLWLHVRIWKH6WDQGDUG6SHFLILFDWLRQVDQGWKHVH VSHFLDOSURYLVLRQV
&RQWUDFWRUVKDOOORFDWHDQGSURWHFWIURPGDPDJHDQ\H[LVWLQJPRQLWRULQJZHOOV1RPDWHULDOPD\ EHSODFHGRYHUZHOOV:HOOVVKDOOUHPDLQDYDLODEOHWREHPRQLWRUHGDQGVDPSOHGDWDOOWLPHV ([LVWLQJ &LW\ VXUYH\ PRQXPHQW
V
VKDOO EH SUHVHUYHG ,I H[LVWLQJ PRQXPHQW ER[HV PXVW EH UHPRYHGRUDUHGHVWUR\HGWKH&RQWUDFWRUVKDOOQRWLI\WKH(QJLQHHUDQGVKDOOEHUHVSRQVLEOHWR UHVHWVDLGPRQXPHQWVDWWKHFRPSOHWLRQRIWKHSURMHFW )XOOFRPSHQVDWLRQIRUORFDWLQJSURWHFWLQJDQGPDLQWDLQLQJDFFHVVLELOLW\WRPRQLWRULQJZHOOVDQG

PRQXPHQW
V
VKDOO EH FRQVLGHUHG DV LQFOXGHG LQ WKH YDULRXV FRQWUDFW LWHPV RI ZRUN DQG QR DGGLWLRQDOFRPSHQVDWLRQZLOOEHDOORZHGWKHUHIRUH
$GMXVWLQJPRQXPHQWER[HVDQGPRQLWRULQJZHOOVWRJUDGHVKDOOEHSDLGIRUXQGHUVHSDUDWHLWHPV RIZRUN5HVHWWLQJH[LVWLQJPRQXPHQWVVKDOOEHSDLGIRUE\DVHSDUDWHLWHPRIZRUNH[FHSWZKHUH &RQWUDFWRUGHVWUR\VH[LVWLQJPRQXPHQWZLWKRXWSULRUDSSURYDOE\WKH(QJLQHHU 3URJUHVV6FKHGXOH
3URJUHVVVFKHGXOHVZLOOEHUHTXLUHGIRUWKLVFRQWUDFWDQGVKDOOFRQIRUPWRWKHSURYLVLRQVLQ6HFWLRQ 3URJUHVV 6FKHGXOH RI WKH 6WDQGDUG 6SHFLILFDWLRQV )XOO FRPSHQVDWLRQ IRU 3URJUHVV 6FKHGXOH VKDOO EH FRQVLGHUHG DV LQFOXGHG ZLWK DOO FRQWUDFW LWHPV RI ZRUN DQG QR DGGLWLRQDO FRPSHQVDWLRQZLOOEHDOORZHGWKHUHIRUH
+RXUVRI:RUN
7KHKRXUVRIZRUNIRUWKLVSURMHFWVKDOOEHRQQRQKROLGD\ZHHNGD\VEHWZHHQWKHKRXUVRIDP DQGSP1RZRUNDFWLYLWLHVRFFXUULQJEHWZHHQWKHKRXUVRISPDQGDPZLOOEHSHUPLWWHGZLWK XQOHVVRWKHUZLVHGHVFULEHGLQ6HFWLRQ³2UGHURI:RUN´

$V%XLOW'UDZLQJV
7KH&RQWUDFWRUVKDOOPDLQWDLQRQH

FOHDQVHWRIPDUNHGSODQVVKRZLQJDOOFKDQJHVDQGUHFRUG LQIRUPDWLRQDQGVXEPLWDFRS\WRWKH&LW\DQG8WLOLW\&RPSDQLHVXSRQFRPSOHWLRQRIZRUN$Q\ FKDQJHVPXVWEHDSSURYHGE\WKH&LW\LQVSHFWRUEHIRUHEHLQJGRQH1RWHDQ\FKDQJHVRQPDUNHG SULQWFRS\3D\PHQWIRUWKLVLWHPVKDOOEHLQFOXGHGZLWKWKHYDULRXVLWHPVRIZRUNLQYROYHG1R VHSDUDWHSD\PHQWZLOOEHDOORZHGWKHUHIRUH
3XEOLF6DIHW\
7KH &RQWUDFWRU VKDOO SURYLGH IRU WKH VDIHW\ RI WUDIILF DQG WKH SXEOLF LQ DFFRUGDQFH ZLWK WKH SURYLVLRQV LQ6HFWLRQ
3XEOLF6DIHW\ RIWKH6WDQGDUG6SHFLILFDWLRQV DQGWKHVH VSHFLDO SURYLVLRQV
7KH&RQWUDFWRUVKDOOLQVWDOOWHPSRUDU\UDLOLQJ
7\SH.
EHWZHHQDQ\ODQHFDUU\LQJSXEOLFWUDIILFDQG
DQ\H[FDYDWLRQREVWDFOHRUVWRUDJHDUHDZKHQWKHIROORZLQJFRQGLWLRQVH[LVW

([FDYDWLRQV$Q\H[FDYDWLRQWKHQHDUHGJHRIZKLFKLVIHHWRUOHVVIURPWKHHGJHRI WKHODQHH[FHSW

D
([FDYDWLRQVFRYHUHGZLWKVKHHWVWHHORUFRQFUHWHFRYHUVRIDGHTXDWHWKLFNQHVVWR SUHYHQWDFFLGHQWDOHQWU\E\WUDIILFRUWKHSXEOLF

E
([FDYDWLRQVOHVVWKDQRQHIRRWGHHS

F
7UHQFKHV OHVV WKDQ RQH IRRW ZLGH IRU LUULJDWLRQ SLSH RU HOHFWULFDO FRQGXLW RU H[FDYDWLRQVOHVVWKDQRQHIRRWLQGLDPHWHU

G
([FDYDWLRQV SDUDOOHO WR WKH ODQH IRU WKH SXUSRVH RI SDYHPHQW ZLGHQLQJ RU UHFRQVWUXFWLRQ

H
([FDYDWLRQVLQVLGHVORSHVZKHUHWKHVORSHLVVWHHSHUWKDQ

I
([FDYDWLRQVSURWHFWHGE\H[LVWLQJEDUULHURUUDLOLQJ

7HPSRUDULO\ 8QSURWHFWHG 3HUPDQHQW 2EVWDFOHV:KHQHYHU WKH ZRUN LQFOXGHV WKH LQVWDOODWLRQ RI DIL[HG REVWDFOHWRJHWKHU ZLWK D SURWHFWLYH V\VWHP VXFK DV D VLJQ VWUXFWXUH WRJHWKHU ZLWK SURWHFWLYH UDLOLQJ DQG WKH &RQWUDFWRU HOHFWV WR LQVWDOO WKH REVWDFOH SULRU WR LQVWDOOLQJWKH SURWHFWLYH V\VWHP
RU ZKHQHYHUWKH &RQWUDFWRUIRU KLV FRQYHQLHQFH DQG ZLWK SHUPLVVLRQRIWKH(QJLQHHUUHPRYHVDSRUWLRQRIDQH[LVWLQJSURWHFWLYHUDLOLQJDWDQREVWDFOH DQGGRHVQRWUHSODFHVXFKUDLOLQJFRPSOHWHLQSODFHGXULQJWKHVDPHGD\

6WRUDJH$UHDV:KHQHYHUPDWHULDORUHTXLSPHQWLVVWRUHGZLWKLQIHHWRIWKHODQHDQG VXFKVWRUDJHLVQRWRWKHUZLVHSURKLELWHGE\WKHVSHFLILFDWLRQV 7KHDSSURDFKHQGRIWHPSRUDU\UDLOLQJ
7\SH.
LQVWDOOHGLQDFFRUGDQFHZLWKWKHUHTXLUHPHQWVLQ
WKLVVHFWLRQ3XEOLF6DIHW\DQGLQ6HFWLRQ
3XEOLF6DIHW\RIWKH6WDQGDUG6SHFLILFDWLRQV
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

7HPSRUDU\UDLOLQJ
7\SH.
VKDOOFRQIRUPWRWKHSURYLVLRQVLQ6HFWLRQ7HPSRUDU\5DLOLQJ

7\SH.
RIWKH 6WDQGDUG 6SHFLILFDWLRQV H[FHSWWHPSRUDU\ UDLOLQJ 7\SH.
IDEULFDWHG SULRUWR
-DQXDU\

ZLWK RQH ORQJLWXGLQDO 1R UHLQIRUFLQJ VWHHO EDU QHDU WKH WRS LQ OLHX RI WKH ORQJLWXGLQDO1RUHLQIRUFLQJVWHHOEDUVQHDUWKHWRSDVVKRZQRQWKHSODQVPD\EHXVHG 7KH ODQH FORVXUH SURYLVLRQV RI WKLV VHFWLRQ VKDOO QRW DSSO\ LI WKH ZRUN DUHD LV SURWHFWHG E\ SHUPDQHQWRUWHPSRUDU\UDLOLQJRUEDUULHU
:KHQWUDIILFFRQHVRUGHOLQHDWRUVDUHXVHGWRGHOLQHDWHDWHPSRUDU\HGJHRIWUDIILFODQHWKHOLQH RIFRQHVRUGHOLQHDWRUVVKDOOEHFRQVLGHUHGWREHWKHHGJHRIWUDIILFODQHKRZHYHUWKH&RQWUDFWRU VKDOOQRWUHGXFHWKHZLGWKRIDQH[LVWLQJODQHWROHVVWKDQIHHWZLWKRXWZULWWHQDSSURYDOIURP WKH(QJLQHHU
:KHQZRUNLVQRWLQSURJUHVVRQDWUHQFKRURWKHUH[FDYDWLRQWKDWUHTXLUHGFORVXUHRIDQDGMDFHQW ODQHWKHWUDIILFFRQHVRUSRUWDEOHGHOLQHDWRUVXVHGIRUWKHODQHFORVXUHVKDOOEHSODFHGRIIRIDQG DGMDFHQWWRWKHHGJHRIWKHWUDYHOHGZD\7KHVSDFLQJRIWKHFRQHVRUGHOLQHDWRUVVKDOOEHQRW PRUHWKDQWKHVSDFLQJXVHGIRUWKHODQHFORVXUH
6XVSHQGHG ORDGV RU HTXLSPHQW VKDOO QRW EH PRYHG QRU SRVLWLRQHG RYHU SXEOLF WUDIILF RU SHGHVWULDQV
)XOO FRPSHQVDWLRQIRU FRQIRUPLQJWRWKH UHTXLUHPHQWVLQWKLVVHFWLRQ 3XEOLF6DIHW\LQFOXGLQJ IXUQLVKLQJDQGLQVWDOOLQJWHPSRUDU\UDLOLQJ
7\SH.
DQGWHPSRUDU\FUDVKFXVKLRQPRGXOHVVKDOO
EHFRQVLGHUHGDVLQFOXGHGLQWKHFRQWUDFWSULFHVSDLGIRUWKHYDULRXVLWHPVRIZRUNLQYROYHGDQG QRDGGLWLRQDOFRPSHQVDWLRQZLOOEHDOORZHGWKHUHIRU
6(&7,21 $77$&+0(176
• $WWDFKPHQW$
3URMHFW/RFDWLRQ0DS
• $WWDFKPHQW%
6SRW5HSDLU6FKHGXOHRI'HVFULSWLRQV
• $WWDFKPHQW&
$PHQGPHQW$WRWKH6WDQGDUG'UDZLQJV
• $WWDFKPHQW'
6WDQGDUG7UHQFK'HWDLO
• $WWDFKPHQW(
5HJLRQDO$PHQGPHQWVWR3DUWRIWKH³*UHHQ%RRN´
• $WWDFKPHQW)
,QMHFWLRQ*URXWLQJ6SHFLILFDWLRQ
• $WWDFKPHQW*
$PHQGPHQW$WRWKH6WDQGDUG6SHFLILFDWLRQV

6(&7,21
'(6&5,37,212):25.

:RUNWREH3HUIRUPHG
7KHZRUNWREHSHUIRUPHGXQGHUWKLVFRQWUDFWVKDOOFRQVLVWRIEXWQRWQHFHVVDULO\EHOLPLWHGWR WKHIROORZLQJ

7KHZRUNWREHSHUIRUPHGLQFOXGHVORFDWLQJDQGSRWKROLQJXWLOLWLHVWUDIILFFRQWURO H[FDYDWLRQVDQLWDU\DQGVWRUPVHZHUSLSHUHSDLUDQGLQVWDOODWLRQFXUHGLQSODFHSLSH OLQLQJDQGVSRWUHSDLUVJURXWLQMHFWLRQOHDNVHDOLQJPDQKROHUHKDELOLWDWLRQYLGHR LQVSHFWLRQK\GURFOHDQLQJVHZHUIORZGLYHUVLRQGHZDWHULQJVRLOGLVSRVDOWUHQFK VKRULQJSDYHPHQWUHVWRUDWLRQDQGSDYHPHQWGHOLQHDWLRQ

6(&7,21 &216758&7,21'(7$,/6
2UGHURI:RUN
2UGHURI:RUNVKDOOFRQIRUPWRWKHSURYLVLRQVLQ6HFWLRQ³2UGHURI:RUN´RIWKH6WDQGDUG 6SHFLILFDWLRQVDQGWKHVH6SHFLDO3URYLVLRQV
7KHILUVWRUGHURIZRUNDIWHUWKH1RWLFHWR3URFHHGLVWRSURYLGHDQDFFXUDWHSURMHFWVFKHGXOHDQG PDWHULDOVVXEPLWWDOVIRUDSSURYDOE\WKH(QJLQHHU
:RUNVKDOOEHSKDVHGLQWKHIROORZLQJJURXSLQJVVRWKDWRQO\RQH
JURXSLVXQGHUFRQVWUXFWLRQ
DWDWLPH1RJURXSLQJVKDOOEHVWDUWHGSULRUWRWKHIXOOFRPSOHWLRQRIWKHSULRUJURXSLQJDQGQR JURXSLQJ VKDOO EH GHHPHG DV FRPSOHWH SULRUWRWKH &LW\ 5HSUHVHQWDWLYH¶V UHYLHZ RI WKH YLGHR LQVSHFWLRQ ILOHV DQG DSSURYDO RI UHSDLUV ILQDO SDYLQJ DQG GHPRELOL]DWLRQ RI HTXLSPHQW DQG PDWHULDOVIURPWKHZRUNDUHD7KH,WHPVRIZRUNDUHQXPEHUHGDQGORFDWHGJHRJUDSKLFDOO\RQWKH 3URMHFW3ODQVLQFOXGHGDV$WWDFKPHQW$$GGLWLRQDOGHVFULSWLRQVRIHDFKLWHPDQGWKH UHTXLUHG UHSDLUPD\EHORFDWHGLQ$WWDFKPHQW%
*URXS
6KHOOPRXQG6W±,WHP
*URXS
UG6W±,WHPVDQG
*URXS
WK6W/D&RVWH6W±,WHP
*URXS
:HVW0DF$UWKXU%OYG±,WHP
*URXS
2KORQH6W8QGHU5DLOURDG±,WHPVDQG
*URXS
9DOOHMR6W3RZHOO6W±,WHP
*URXS
+ROOLV6W3DUN$YH±,WHP
*URXS
WK6W0LGEORFN±,WHP
7KHKRXUVRIZRUNIRUWKLVSURMHFWVKDOOEHEHWZHHQWKHKRXUVDVIROORZVIRUHDFKLQGLYLGXDOZRUN JURXS

*URXS
DP±SP
*URXS
DP±SP
*URXS

DP±SP
*URXS
SP±DP
*URXS
SP±DP
*URXS
DP±SP
*URXS
DP±SP
*URXS

DP±SP
3D\PHQWIRUVXFKVKDOOEHLQFOXGHGZLWKDOORWKHULWHPVRIZRUN ,WHPVRI:RUN
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

,WHP 6XSSOHPHQWDO:RUN
7KLVLWHPLVSURYLGHGWRDFFRXQWIRUQHZDQGXQIRUHVHHQZRUNQRWVSHFLILFDOO\SURYLGHGIRURQWKH SODQVRULQWKH6SHFLDO3URYLVLRQV7KHGROODUDPRXQWOLVWHGLQWKH(VWLPDWHRI4XDQWLWLHVLVDQ HVWLPDWH RQO\ DQG ZLOO EH LQFOXGHG LQ HDFK ELGGHU V SURSRVDO 6XSSOHPHQWDO ZRUN VKDOO EH
SHUIRUPHGRQO\XSRQGLUHFWZULWWHQDXWKRUL]DWLRQIURPWKH&LW\(QJLQHHU'DLO\ZRUNUHSRUWVZLOO EHUHTXLUHGLIWKHZRUNLVWREHSDLGIRURQDIRUFHDFFRXQWEDVLV$JUHHGSULFHPD\EHXVHGDV DQDOWHUQDWHPHWKRGRISD\PHQWLIGLUHFWHGE\WKH&LW\(QJLQHHU )LQDOSD\PHQWZLOOEHEDVHGRQWKHWRWDODPRXQWRIVXSSOHPHQWDOZRUNDFWXDOO\SHUIRUPHGDQGZLOO QRWEHVXEMHFWWRWKHSURYLVLRQVRI6HFWLRQ%,QFUHDVHGRU'HFUHDVHG4XDQWLWLHVRIWKH 6WDQGDUG6SHFLILFDWLRQV
,WHP 0RELOL]DWLRQ
0RELOL]DWLRQ VKDOO FRQIRUP WR WKH SURYLVLRQV LQ 6HFWLRQ ³0RELOL]DWLRQ´ RI WKH 6WDQGDUG 6SHFLILFDWLRQV
3D\PHQW
7KHFRQWUDFWOXPSVXPSULFHSDLGIRU0RELOL]DWLRQVKDOOLQFOXGHIXOOFRPSHQVDWLRQIRUIXUQLVKLQJDOO ODERU PDWHULDOV WRROV HTXLSPHQW DQG LQFLGHQWDOV DQG IRU GRLQJ DOO WKH ZRUN LQYROYHG LQ PRELOL]DWLRQLQFOXGLQJSODFLQJUHPRYLQJPDLQWDLQLQJPRYLQJWRQHZORFDWLRQVDVVSHFLILHGLQ WKH6WDQGDUG6SHFLILFDWLRQVDQGWKHVH6SHFLDO3URYLVLRQV ,WHP 3UHSDUH,PSOHPHQWDQG0DLQWDLQ:DWHU3ROOXWLRQ&RQWURO3ODQ :3&3

7KH&RQWUDFWRUVKDOOSUHSDUHLPSOHPHQWDQGPDLQWDLQWKH:DWHU3ROOXWLRQ&RQWURO3ODQ :3&3

DVLQGLFDWHGRQWKHSODQVDVVWDWHGKHUHLQDQGDVUHTXLUHGE\UHJXODWLRQV 3UHSDUDWLRQRIWKHSODQVKDOOLQFOXGHLQOHWSURWHFWLRQIRULQOHWVDGMDFHQWWRDOOSURMHFWDQGVWRFNSLOLQJ DUHDV
&RQIRUPDQFHZLWKWKHUHTXLUHPHQWVRIWKLVLWHPVKDOOLQQRZD\UHOLHYHWKH&RQWUDFWRUIURPKLV UHVSRQVLELOLWLHVDVSURYLGHGLQ6HFWLRQ*:DWHU3ROOXWLRQ6HFWLRQ3UHVHUYDWLRQ RI3URSHUW\DQG6HFWLRQ5HVSRQVLELOLW\IRU'DPDJHRIWKH6WDQGDUG6SHFLILFDWLRQV 7KLVLWHPVKDOODOVRLQFOXGHIXUQLVKLQJLQVWDOOLQJDQGPDLQWDLQLQJGXVWDQGHURVLRQFRQWUROIRU DOOSURMHFWDUHDVLQFOXGLQJWKHVWRFNSLOLQJDUHD
7KHUHTXLUHPHQWVRIDOORIWKHIROORZLQJVKDOOEHPHWDQGPDLQWDLQHGDQGZKHUHWKHUHLVDFRQIOLFW EHWZHHQUHTXLUHPHQWVWKHPRVWVWULQJHQWUHTXLUHPHQWVKDOOJRYHUQ 5HJLRQDO:DWHU4XDOLW\&RQWURO%RDUG
&DOWUDQV
&LW\RI(PHU\YLOOH 13'(63HUPLW5HTXLUHPHQWVLQFOXGLQJ%03 V
$ODPHGD&RXQW\%D\)ULHQGO\/DQGVFDSHV
3D\PHQW
3D\PHQWIRUWKLVLWHPVKDOOEHDWWKHFRQWUDFWOXPSVXPSULFHIRULPSOHPHQWLQJDQGPDLQWDLQLQJ WKHZDWHUSROOXWLRQFRQWUROSODQDQGVKDOOLQFOXGHIXOOFRPSHQVDWLRQIRUIXUQLVKLQJDOOODERUWRROV

PDWHULDOVDQGLQFLGHQWDOV
,WHP 7UDIILF&RQWURO6\VWHP
$WUDIILFFRQWUROV\VWHPVKDOOFRQVLVWRIFORVLQJWUDIILFODQHVDQGWKHURDGZD\LQDFFRUGDQFHZLWK WKH SURYLVLRQV XQGHU 0DLQWDLQLQJ 7UDIILF DQG &RQVWUXFWLRQ $UHD 6LJQV IRXQG HOVHZKHUH LQ WKHVH 6SHFLDO 3URYLVLRQV WKH SURYLVLRQV RI 6HFWLRQ &RQVWUXFWLRQ $UHD 7UDIILF &RQWURO 'HYLFHVRIWKH6WDQGDUG6SHFLILFDWLRQVDQGWKHVH6SHFLDO3URYLVLRQV,WLVLPSHUDWLYHWKDWVLJQDJH GRHVQRWLPSHGHVDIHWUDYHOIRUF\FOLVWVRUSHGHVWULDQVLQELNHODQHVRUVLGHZDONVUHVSHFWLYHO\ 2QHODQHRIWUDIILFLQDOOGLUHFWLRQVVKDOOUHPDLQRSHQDWDOOWLPHV6HH6HFWLRQ³2UGHURI :RUN´DGGLWLRQDOUHTXLUHPHQWVDQGUHVWULFWLRQVUHODWLQJWRWUDIILFFRQWURORQ3RZHOO6WUHHW 7KHSURYLVLRQVLQWKLVVHFWLRQZLOOQRWUHOLHYHWKH&RQWUDFWRUIURPKLVUHVSRQVLELOLW\WRSURYLGHVXFK DGGLWLRQDOGHYLFHVRUWDNHVXFKPHDVXUHVDVPD\EHQHFHVVDU\WRFRPSO\ZLWKWKHSURYLVLRQVLQ 6HFWLRQ
3XEOLF6DIHW\RIWKH6WDQGDUG6SHFLILFDWLRQV
,IDQ\ FRPSRQHQWLQWKHWUDIILF FRQWURO V\VWHPLVGLVSODFHGRUFHDVHVWRRSHUDWHRUIXQFWLRQDV VSHFLILHGIURPDQ\FDXVHGXULQJWKHSURJUHVVRIWKHZRUNWKH&RQWUDFWRUVKDOOLPPHGLDWHO\UHSDLU VDLG FRPSRQHQW WR LWV RULJLQDO FRQGLWLRQ RU UHSODFH VDLG FRPSRQHQW DQG VKDOO UHVWRUH WKH FRPSRQHQWWRLWVRULJLQDOORFDWLRQ
:KHQFORVXUHVDUHPDGHIRUZRUNSHULRGVRQO\DWWKHHQGRIHDFKZRUNSHULRGDOOFRPSRQHQWVRI WKHWUDIILFFRQWUROV\VWHPH[FHSWSRUWDEOHGHOLQHDWRUVSODFHGDORQJRSHQWUHQFKHVRUH[FDYDWLRQ DGMDFHQW WR WKH WUDYHOHG ZD\ VKDOO EH UHPRYHG IURP WKH WUDYHOHG ZD\ DQG VKRXOGHU ,I WKH &RQWUDFWRUVRHOHFWVVDLGFRPSRQHQWVPD\EHVWRUHGDWVHOHFWHGFHQWUDOORFDWLRQVDSSURYHGE\ WKH(QJLQHHUZLWKLQWKHOLPLWVRISXEOLFULJKWRIZD\ 7HPSRUDU\3DYHPHQW0DUNHUV
7HPSRUDU\SDYHPHQWPDUNHUVDQGVWULSLQJVKDOOEHDSSOLHG LQDOOORFDWLRQVZKHUHH[LVWLQJPDUNHUVDQGVWULSLQJKDYHEHHQUHPRYHG7KHSDYHPHQWPDUNHUV VKDOOEHDSSOLHGFRPSOHWHO\LQSODFHSULRUWRRSHQLQJWKHWUDYHOHGZD\WRSXEOLFWUDIILF ,IGXULQJWKHFRXUVHRIWKHZRUNWKH(QJLQHHUGHWHUPLQHVLQKLVVROHGLVFUHWLRQWKDWWUDIILFFRQWURO V\VWHPVDUHQRWIXQFWLRQLQJDGHTXDWHO\RUDVLQWHQGHGKHPD\RUGHUILHOGUHYLVLRQVWREHPDGH WRWKH V\VWHP
V
&RQWUDFWRU VKDOOPDNHWKRVH RUGHUHG UHYLVLRQV DQGPDLQWDLQWKRVH RUGHUHG UHYLVLRQVXQWLOIXUWKHUGLUHFWHGE\WKH(QJLQHHU$OOFRVWVIRUUHYLVLRQVDQGPDLQWHQDQFHRIWKRVH UHYLVLRQVVKDOOEHLQFOXGHGLQWKHOXPSVXPFRQWUDFWSULFHGHVFULEHGEHORZ $QLWHPRIZRUNLVHVWDEOLVKHGIRU7UDIILF&RQWURO6\VWHPUHTXLUHGDWHDFKSURMHFWORFDWLRQ ,WHP
3URMHFW$UHD
6KHOOPRXQG6W

,WHP
3URMHFW$UHD
UG6W

,WHP
3URMHFW$UHD
WK6W/D&RVWH6W

,WHP
3URMHFW$UHD
:HVW0DF$UWKXU%OYG

,WHP
3URMHFW$UHD
2KORQH6W8QGHU5DLOURDG

3D\PHQW
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

7(&+1,&$/63(&,),&$7,216)256$1,7$5<6(:(56
6SHFLILFDWLRQVDQG3ODQV
7KHVDQLWDU\VHZHUZRUNHPEUDFHGKHUHLQVKDOOEHGRQHLQDFFRUGDQFHZLWK3DUWVWKURXJKRI WKH6WDQGDUG6SHFLILFDWLRQVIRU3XEOLF:RUNV&RQVWUXFWLRQ WKH*UHHQ%RRN
DQG$PHQGPHQW
$LQFOXGLQJWKH6WDQGDUG'UDZLQJVDQGLQDFFRUGDQFHZLWKWKH6WDWH6WDQGDUG6SHFLILFDWLRQVDV UHIHUHQFHGKHUHLQ3DUWRIWKH*UHHQ%RRN*HQHUDO3URYLVLRQV6HFWLRQWKURXJK6HFWLRQ LV
KHUHE\H[FOXGHGDQGUHSODFHGZLWK6HFWLRQWKURXJK6HFWLRQRIWKH&DOLIRUQLD'HSDUWPHQWRI 7UDQVSRUWDWLRQ
&DOWUDQV
6WDQGDUG6SHFLILFDWLRQV
7KHUHTXLUHPHQWVRIWKHIROORZLQJVKDOODOVRDSSO\WRWKHVHZHUZRUNRIWKHSURMHFW
6WDWHUHTXLUHPHQWVZKHUHDSSOLFDEOH
3HUPLWVIURPRWKHUDJHQFLHVDVPD\EHUHTXLUHGE\ODZ 6SHFLDO3URYLVLRQV
3URMHFW3ODQV
5HJLRQDO$PHQGPHQWVWRWKH6WDQGDUG'UDZLQJVIRU3XEOLF:RUNV&RQVWUXFWLRQ 6WDQGDUG 6SHFLILFDWLRQV IRU 3XEOLF :RUNV &RQVWUXFWLRQ 3DUWV WKURXJK RI $PHQGPHQW$
7KH*UHHQ%RRN

6WDQGDUG'UDZLQJVIRU3XEOLF:RUNV&RQVWUXFWLRQDQG$PHQGPHQW$ 6WDWH6WDQGDUG6SHFLILFDWLRQV

6WDWH6WDQGDUG3ODQV
3DYHPHQW([FDYDWLRQ
7KHSDYHPHQWWKLFNQHVVWKURXJKRXWWKHMREVLWHYDULHVDQGLVHLWKHUHQWLUHO\DVSKDOWFRQFUHWHRUD FRPELQDWLRQRIDVSKDOWFRQFUHWHDQG3RUWODQGFHPHQWFRQFUHWH3DYHPHQWRQ3RZHOO6WUHHWLVXS WR´WKLFNDQGSD\PHQWIRUVDZFXWWLQJUHPRYDODQGGLVSRVDORIH[LVWLQJDVSKDOWDQGRU3RUWODQG FHPHQWFRQFUHWHXSWRDGHSWKRI´RQ3RZHOO6WUHHWDQG´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

$VSKDOW FRQFUHWH UHVWRUDWLRQ VKDOO EH SHUIRUPHG LQ DFFRUGDQFH ZLWK WKH 7\SLFDO 7UHQFK 'HWDLO LQFOXGHG LQ $WWDFKPHQW ' ZKLFK LQFOXGHV IXOO GHSWK UHPRYDO ¶ LQ HDFK GLUHFWLRQ EH\RQG WKH H[FDYDWLRQOLPLWVDQGSODFLQJEDFNò´7\SH%DVSKDOWFRQFUHWH$VSKDOW&RQFUHWHXVHGIRUWUHQFK SDYLQJ VKDOO FRQIRUP WR WKH SURYLVLRQV RI 6HFWLRQ ³$VSKDOW &RQFUHWH´ RI WKH 6WDQGDUG
6SHFLILFDWLRQV
3RUWODQGFHPHQWFRQFUHWHVKDOOFRQIRUPWRWKHUHTXLUHPHQWVRI6HFWLRQ&RQFUHWH0RUWDU DQG5HODWHG0DWHULDOVRIWKH*UHHQ%RRNDQGEH&ODVV%$OOFRQFUHWHUHPRYHGRU GDPDJHGE\FRQWUDFWRU
VRSHUDWLRQLQFOXGLQJFXUEVJXWWHUVDQGVLGHZDONVVKDOOEHUHSODFHGLQ NLQGFRQIRUPLQJWRWKHUHTXLUHPHQWVRI6HFWLRQ&RQFUHWHDQG0DVRQU\&RQVWUXFWLRQRIWKH *UHHQ%RRN6DZFXWDOOFRQFUHWHHGJHVIRUIXOOGHSWKRIH[LVWLQJVWUXFWXUHSULRUWRSODFLQJILQDO FRQFUHWHUHSDLU
3D\PHQWIRUWKHDERYHZRUNVKDOOEHLQFOXGHGLQWKHSULFHRIWKHLWHPRIZRUNQHFHVVLWDWLQJDVSKDOW FRQFUHWH DQG 3RUWODQG FHPHQW FRQFUHWH UHPRYDO DQG QR VHSDUDWH SD\PHQW ZLOO EH PDGH IRU FRPSO\LQJZLWKWKHUHTXLUHPHQWVRIWKLVVSHFLILFDWLRQIRUDVSKDOWFRQFUHWHDQG3RUWODQGFHPHQW FRQFUHWHUHVWRUDWLRQ
/RFDWH8WLOLWLHV
7KH&RQWUDFWRUVKDOOSRWKROHSUREHRUE\RWKHUPHDQVDVFHUWDLQWKHH[DFWORFDWLRQVDQGGHSWKV RI XQGHUJURXQG HOHFWULF OLQHV DQG XWLOLW\IDFLOLWLHV ZKRVH SUHVHQFH LV LQGLFDWHG RQ WKH SODQV RU PDUNHGE\8QGHUJURXQG6HUYLFH$OHUW
86$
,IWKH&RQWUDFWRUGLVFRYHUVXQGHUJURXQGXWLOLW\OLQHV QRWLQGLFDWHGRQWKHSODQVRUQRWPDUNHGE\8QGHUJURXQG6HUYLFH$OHUW 86$
WKH&RQWUDFWRU
VKDOOLPPHGLDWHO\JLYHWKH(QJLQHHUDQGWKHXWLOLW\FRPSDQ\ZULWWHQQRWLILFDWLRQRIWKHH[LVWHQFHRI WKRVHIDFLOLWLHV3D\PHQWIRUORFDWLQJXWLOLWLHVDVGHVFULEHGKHUHLQVKDOOEHLQFOXGHGZLWKWKHLWHP SULFHSDLGIRUDOOSURMHFWLWHPVRIZRUNDQGQRVHSDUDWHSD\PHQWZLOOEHPDGHIRUWKLVZRUN $OLJQPHQWDQG*UDGH
7KHFRQWUDFWRUVKDOOEHUHVSRQVLEOHIRUDOOFRQVWUXFWLRQVWDNLQJQHFHVVDU\IRUHVWDEOLVKLQJSLSHOLQH DOLJQPHQW DQG JUDGH RQWKLV SURMHFW 3D\PHQWIRU VHWWLQJ DOLJQPHQW DQG JUDGH DV GHVFULEHG KHUHLQ VKDOO EH LQFOXGHG ZLWKWKH LWHP SULFH SDLG IRUWKH YDULRXV SLSH LQVWDOOHG 1R VHSDUDWH SD\PHQWZLOOEHPDGHIRUWKLVZRUN
%HGGLQJ0DWHULDO
%HGGLQJPDWHULDOIRUVHZHUOLQHVDQGVWUXFWXUHVVKDOOEHZHOOJUDGHGô´FUXVKHGURFNPHHWLQJWKH VSHFLILFDWLRQVIRUôFUXVKHGURFNLQ6XEVHFWLRQ&UXVKHG5RFN 5RFN'XVWDQG %HGGLQJRIWKH*UHHQ%RRN3ODFHPHQWVKDOOEHDVVKRZQRQWKH&RQWUDFW'UDZLQJV 3D\PHQWVKDOOEHLQFOXGHGLQWKHXQLWSULFHRIWKHVHZHUOLQHRUVWUXFWXUHLQVWDOOHG ([FDYDWLRQ%DFNILOO
$OOWUHQFK EDFNILOO VKDOO EH&ODVV $JJUHJDWH%DVHPHHWLQJWKH UHTXLUHPHQWV RIWKH6WDQGDUG 3URYLVLRQVDQGDVDSSURYHGE\WKH(QJLQHHU3D\PHQWIRUH[FDYDWLRQEDFNILOOLVLQFOXGHGLQWKH LWHPSULFHIRUWKHLWHPRIZRUNQHFHVVLWDWLQJWKHH[FDYDWLRQEDFNILOO

3LSHOLQHDQG0DQKROH7HVWLQJ
3LSHOLQH WHVWLQJ VKDOO FRQIRUP WR 6XEVHFWLRQ ³7HVWLQJ 3LSHOLQHV DQG 6HFWLRQ ³0DQKROH DQG 6WUXFWXUH 5HKDELOLWDWLRQ´ RI WKH *UHHQ %RRN DQG 6HFWLRQ 9DFXXP
7HVWLQJRI$PHQGPHQW$WRWKH*UHHQ%RRN3D\PHQWIRUWHVWLQJDVUHTXLUHGKHUHLQVKDOOEH LQFOXGHGLQWKHLWHPXQLWSULFHRIWKHZRUNLQVWDOOHG 12786('
6KHHWLQJ6KRULQJDQG%UDFLQJ
,WLVH[SHFWHGWKDWGHEULVUXEEOHDQGODQGILOOPDWHULDOZLOOEHHQFRXQWHUHGZKLOHH[FDYDWLQJIRU VHZHUPDLQZRUN7KH&RQWUDFWRUVKDOOVXEPLWDGHVLJQWRWKH(QJLQHHUIRUDOOSURSRVHGVKHHWLQJ VKRULQJDQGEUDFLQJ6HH6XEVHFWLRQVDQG %UDFLQJ([FDYDWLRQVRIWKH *UHHQ%RRNIRUUHTXLUHPHQWVUHJDUGLQJ6KHHWLQJ6KRULQJDQG%UDFLQJ 7HOHYLVLRQ,QVSHFWLRQRI6HZHU0DLQDQG6HZHU6WUXFWXUH,QVSHFWLRQ 5HIHUHQFH6WDQGDUGV
$PHULFDQ6RFLHW\RI7HVWLQJ0DWHULDOV
6WDQGDUG6SHFLILFDWLRQVIRU3XEOLF:RUNV&RQVWUXFWLRQ 1DWLRQDO $VVRFLDWLRQ RI 6HZHU 6HUYLFH &RPSDQ\
1$66&2
,QF
V 3LSHOLQH $VVHVVPHQW DQG
&HUWLILFDWLRQ3URJUDP
3$&3

3LSH2EVHUYDWLRQ6\VWHP0DQDJHPHQW
3260

7HOHYLVLRQ,QVSHFWLRQRI6HZHU0DLQ
8SRQ FRPSOHWLRQ RI LQVWDOODWLRQ DQG DIWHU SDVVLQJ RI DLU SUHVVXUHWHVWLQJWKH SLSHOLQH VHFWLRQV EHWZHHQ PDQKROHV VKDOO EH YLVXDOO\ LQVSHFWHG E\ PHDQV RI FORVHGFLUFXLW WHOHYLVLRQ &&79

FDPHUD7KHSLSHOLQHVKDOOEHFOHDQHGLPPHGLDWHO\SULRUWRWKHWHOHYLVLRQLQVSHFWLRQWRDVVXUHIXOO YLHZRIDOOSRUWLRQVRIWKHSLSH7KHLQVSHFWLRQVKDOOEHGRQHRQHFRPSOHWHSLSHOLQHVHFWLRQDWD WLPHDQGWKHIORZLQWKHVHFWLRQVKDOOEHVXLWDEO\FRQWUROOHG9LGHRLQVSHFWUHFRUGDQGGRFXPHQW LQDFFRUGDQFHZLWK1$66&23$3&JXLGHOLQHVHDFKHQWLUHUHDFKRISLSHIURPVWDUWSRLQWPDQKROH FHQWHUOLQHWR VWRS SRLQWPDQKROH FHQWHUOLQH XVLQJ &LW\PDQKROH LGHQWLILFDWLRQ QXPEHUV DQG DV LQGLFDWHGRQWKHFRQWUDFWGUDZLQJV
&&79LQVSHFWLRQVVKDOOEHSHUIRUPHGE\SHUVRQQHOZKRDUHWUDLQHGDQGFHUWLILHGLQWKHXVHRI 1$66&2
V 3LSHOLQH $VVHVVPHQW DQG &HUWLILFDWLRQ 3URJUDP
3$&3
7KH &RQWUDFWRU VKDOO
SURYLGHFHUWLILFDWLRQYHULILFDWLRQRIWHFKQLFLDQVUHVSRQVLEOHIRU&&79LQVSHFWLRQV 7KHWHOHYLVLRQFDPHUDXVHGIRUWKHLQVSHFWLRQVKDOOEHRQHVSHFLILFDOO\GHVLJQHGDQGFRQVWUXFWHG IRUVXFKLQVSHFWLRQZLWKSDQDQGWLOWRSHUDWLRQ/LJKWLQJIRUWKHFDPHUDVKDOOEHVXLWDEOHWRDOORZ DFOHDUSLFWXUHRIWKHHQWLUHSHULSKHU\RIWKHSLSH7KHFDPHUDVKDOOEHRSHUDWLYHLQKXPLGLW\ FRQGLWLRQV7KHFDPHUDWHOHYLVLRQPRQLWRUDQGRWKHUFRPSRQHQWVRIWKHYLGHRV\VWHPVKDOOEH FDSDEOHRISURGXFLQJGLJLWDOFRORUVWLOOLPDJHVDQGVWUHDPLQJYLGHRTXDOLW\WRWKHVDWLVIDFWLRQRI WKH &LW\ (QJLQHHU DQG LI XQVDWLVIDFWRU\ HTXLSPHQW VKDOO EH UHPRYHG DQG QR SD\PHQW ZLOO EH PDGH IRU DQ XQVDWLVIDFWRU\ LQVSHFWLRQ 7KH FDPHUD VKDOO DOVR EH FDSDEOH RI PHDVXULQJ WKH

LQFOLQDWLRQRIWKHSLSH
7KHWHOHYLVLRQ LQVSHFWLRQ VKDOO EH FRPSOHWHG LQWKH VDPH GLUHFWLRQ HDFKWLPH SUHIHUDEO\IURP XSVWUHDPWRGRZQVWUHDP7KH FDPHUDVKDOOEHPRYHGIRUZDUGWKURXJKWKHOLQHDWDPRGHUDWH UDWH VWRSSLQJZKHQQHFHVVDU\WRSHUPLWSURSHUGRFXPHQWDWLRQRIWKH VHZHU V FRQGLWLRQ,QQR
FDVH VKDOO WKH WHOHYLVLRQ FDPHUD EH SXOOHG DW D VSHHG JUHDWHU WKDQ IHHW SHU PLQXWH DV GRFXPHQWHG E\ D VSHHG RI WUDYHO LQGLFDWRU LQ WKH YLGHR UHFRUGLQJ 0DQXDO ZLQFKHV SRZHU ZLQFKHV79FDEOHDQGSRZHUHGUHZLQGVRURWKHUGHYLFHVWKDWGRQRWREVWUXFWWKHFDPHUDYLHZ RULQWHUIHUHZLWKSURSHUGRFXPHQWDWLRQDOO VHZHU FRQGLWLRQVVKDOOEHXVHGWRPRYHWKH FDPHUD WKURXJK WKH VHZHU OLQH ,I GXULQJ WKH LQVSHFWLRQ RSHUDWLRQ DW DQ\ WLPH WKH WHOHYLVLRQ FDPHUD FDQQRWPDNHDFRPSOHWHSDVVWKURXJKWKHHQWLUHSLSHOLQHVHFWLRQ EHWZHHQWKHWZRDFFHVVLEOH

PDQKROHV
WKH &RQWUDFWRU VKDOO UHYHUVH VHWXS WKH HTXLSPHQW VR WKDW WKH LQVSHFWLRQ FDQ EH SHUIRUPHGDQGFRPSOHWHGIURPWKHRSSRVLWHPDQKROH$FRQWLQXRXVYLGHRVKDOOEHFRPSOHWHGLI WKHWHOHYLVLRQ FDPHUD FDQPDNH D FRPSOHWH SDVVIURPWKH RSSRVLWHPDQKROH7KH YLGHR VKDOO FRYHUWKHHQWLUHOHQJWKRIWKHVHFWLRQ
:KHQ PDQXDOO\RSHUDWHG ZLQFKHV DUH XVHG WR SXOO WKH WHOHYLVLRQ FDPHUD WKURXJK WKH OLQH WHOHSKRQHVRURWKHUVXLWDEOHPHDQVRIFRPPXQLFDWLRQVKDOOEHVHWXSEHWZHHQPHPEHUVRIWKH FUHZ
7KHLPSRUWDQFHRIDFFXUDWHGLVWDQFHPHDVXUHPHQWVLVHPSKDVL]HG0HDVXUHPHQWIRUORFDWLRQRI IHDWXUHVVKDOOEHDERYHJURXQGE\PHDQVRIDPHWHUGHYLFH0DUNLQJRQWKHFDEOHRUWKHOLNH ZKLFKZRXOGUHTXLUHLQWHUSRODWLRQIRUGHSWKRIPDQKROHLVQRWDOORZHG$FFXUDF\RIWKHGLVWDQFH PHWHUVKDOOEHFKHFNHGE\XVHRIDZDONLQJPHWHUUROODWDSHRURWKHUVXLWDEOHGHYLFHDQGWKH DFFXUDF\VKDOOEHVDWLVIDFWRU\WRWKH&LW\(QJLQHHU
,QDGGLWLRQWRUHFRUGLQJWKHIHDWXUHVRIVHZHUPDLQVWKH&RQWUDFWRUVKDOODOVRVWRSWKHFDPHUDDW HDFKODWHUDORUVHUYLFHOLQHHQWU\SRLQWDQGDLPWKHFDPHUDXSLQWRWKHOLQH'RFXPHQWDWLRQRIWKH ORFDWLRQ

GLVWDQFH
DQGFRQGLWLRQRIHDFKODWHUDORUVHUYLFHOLQHZLWKERWKFRORUSDSHUSKRWRDQG GLJLWDOSKRWRVKDOOEHLQFOXGHGLQWKH7HOHYLVLRQ,QVSHFWLRQ'RFXPHQWDWLRQ 'RFXPHQWDWLRQ

7HOHYLVLRQ,QVSHFWLRQ/RJDQG6XPPDU\
&RQWUDFWRUVKDOOIXUQLVKDGDWDEDVHLQGLJLWDOIRUPDWDQG RQFRORUSDSHUSULQWRIDOOFROOHFWHGLQIRUPDWLRQVXFKDVORFDWLRQUHODWLRQWRDGMDFHQWPDQKROHV IHDWXUHREVHUYHGDVGHILQHGLQWKH1$66&2
V3$&3YHUVLRQFRGHV&RQWUDFWRUVKDOO
FRQIHUZLWKWKH(QJLQHHUUHJDUGLQJGDWDEDVHIRUPDWDQGGHVLUHGGDWDILHOGVSULRUWRFRPPHQFLQJ ZRUN,QVSHFWLRQORJDQGVXPPDU\UHSRUWVVKDOOEHVXEPLWWHGWRWKH&LW\(QJLQHHUIRUUHYLHZDQG DSSURYDOSULRUWRFRPPHQFLQJZRUN$Q\VXEPLWWDOVWKDWGRQRWPHHWWKHVSHFLILHGUHTXLUHPHQWV ZLOOEHUHWXUQHGWRWKH&RQWUDFWRUZLWKFRPPHQWVDQGUHGRQHE\WKH&RQWUDFWRUDWQRFKDUJHWR WKH &LW\ 7KLV DSSURYDO LQFOXGHV WKH YHULILFDWLRQ WKDW DOO ILOH ODEHOV LQFOXGLQJ XSVWUHDP DQG GRZQVWUHDPPDQKROHQXPEHUVDUHFRUUHFWDQGFRPSDWLEOHZLWKWKH&LW\¶VHOHFWURQLFGDWDEDVH $OO&&79GDWDEDVHIRUPDWLQFOXGLQJLQVSHFWLRQGRFXPHQWDWLRQREVHUYDWLRQFRGHVIXOOVWUHDPLQJ YLGHRDQGVWLOOLPDJHVVKDOOEHGHOLYHUHGLQD3260IRUPDW$OO&&79YLGHRVWUHDPLQJDQGLPDJHU\ VKDOO EH 03(* DQG -3(* IRUPDW RU HTXLYDOHQW UHVSHFWLYHO\ &RQWUDFWRU VKDOO ORJ DOO REVHUYDWLRQV LQ 3260 XVLQJ WKH 1$66&2
V 3$&3 YHUVLRQ REVHUYDWLRQV FRGHVHW
&RQWUDFWRUVKDOOIXUQLVKDQLQFOLQDWLRQUHSRUWVKRZLQJWKHSURILOHRIWKHSLSHREWDLQHGGXULQJWKH &&79 LQVSHFWLRQ $OO SLSH VHJPHQWV VKDOO EH UHIHUUHGWR E\ WKHLU RU GLJLW XSVWUHDP DQG
GRZQVWUHDPVWUXFWXUH,'V
3KRWRJUDSKV
7KH &RQWUDFWRU VKDOO FDSWXUH GLJLWDO FRORU VWLOO LPDJHV RI DOO REVHUYDWLRQV PDGH

GXULQJHYHU\LQVSHFWLRQRIWKHSLSHIHDWXUHVDQGDOOGHIHFWV,PDJHVVKDOOEHFDSWXUHGDV-3(* IRUPDWXVLQJ3260VRIWZDUHDSSOLFDWLRQVDQGVKDOOEHOLQNHGLQWKHGDWDEDVHWRWKHDSSURSULDWH REVHUYDWLRQGDWDEDVHHQWU\
'LJLWDO9LGHR5HFRUGLQJV
7KHSXUSRVHRIWKHUHFRUGLQJVVKDOOEHWRVXSSO\DGLJLWDOYLVXDODQG DXGLRUHFRUGRIWKHVHZHUOLQHVWRGRFXPHQWFXUUHQWIHDWXUHV LQFOXGLQJFKDQJHVLQYHUWLFDODQG
KRUL]RQWDODOLJQPHQW
DQGFRQQHFWLRQVZLWKLQWKHVHZHUSLSHV5HFRUGLQJSOD\EDFNVKDOOEHDWWKH VDPH VSHHG DW ZKLFK LW ZDV UHFRUGHG6ORZPRWLRQ RU VWRSPRWLRQ SOD\EDFNIHDWXUHVPD\EH VXSSOLHGDWWKHRSWLRQRIWKH&RQWUDFWRU7KH&RQWUDFWRUVKDOOKDYHDOOUHFRUGLQJVDQGQHFHVVDU\ SOD\EDFNHTXLSPHQWUHDGLO\DFFHVVLEOHIRUUHYLHZE\WKH&LW\GXULQJWKHSURMHFW7KH&RQWUDFWRU VKDOOVXEPLWRQH

VHWRILQVSHFWLRQORJVDQGGLJLWDOUHFRUGLQJV
(DFK VHJPHQW RI WKH VXEPLWWHG ILQDO UHFRUGLQJ VKDOO EHJLQ DQG HQG DW D PDQKROH ZKLFK LV LGHQWLILHGDVSHUWKHFRQWUDFWSODQV,QWKHUDUHLQVWDQFHZKHUHWKHFDPHUDFDQQRWWUDYHUVHWKH HQWLUHVHFWLRQRIDSLSHOLQHEHWZHHQPDQKROHVWKHUHFRUGLQJFDQEHPDGHIURPHDFKRIWKHWZR DGMDFHQWPDQKROHVWRWKHUHVWULFWLRQ7KHGDWHWLPHORFDWLRQSLSHGLDPHWHUGLUHFWLRQRIWUDYHO DQG FRQWLQXRXV GLVWDQFH WUDYHOHG VKDOO DOO EH FOHDUO\ DQQRWDWHG LQ WKH OHDGLQ WR WKH YLGHR LQVSHFWLRQ DQG LQWKH FRUUHVSRQGLQJ LQVSHFWLRQ GDWDEDVH DORQJ ZLWK DOO REVHUYDWLRQ FRGHV$OO FRPPHQWV UHODWHG WR WKH LQVSHFWLRQ DQG WR LQGLYLGXDO REVHUYDWLRQV VKDOO EH W\SHG LQWR DQ DVVRFLDWHGFRPPHQWWH[WILHOGDQGEHUHWULHYDEOHIURPZLWKLQWKHLQVSHFWLRQGDWDEDVH 'LJLWDOPHGLDUHFRUGLQJVVXEPLWWHGWRWKH&LW\LQDGLJLWDOYLGHRGLVF'9'VKDOOEHODEHOHGDQG LQGLYLGXDOO\ QXPEHUHG EHJLQQLQJ ZLWK WKH SURMHFW WLWOH )< 6DQLWDU\ 6HZHU 6SRW 5HSDLU 3URMHFW9LGHR,QVSHFWLRQ´IROORZHGE\'LVFHWF/DEHOVVKDOOEHFRPSXWHUL]HGDQGLQFOXGH SURMHFWWLWOHGDWHV
V
RIUHFRUGLQJGLVFQXPEHUDQGSLSHOLQH
LQFOXGLQJ0+
LQVSHFWHGZLWKLQGH[
UHIHUHQFHV ,Q DGGLWLRQ WR SURYLGLQJ SURJUHVV '9'V WR WKH &LW\ RQH
KDUG GULYH VKDOO EH
VXEPLWWHGDWWKHHQGRIWKHSURMHFWZLWKFRPSOHWHGDWDVHWVRIWKHHQWLUHSURMHFW7LWOHWRDOOGDWD LQFOXGLQJWKHKDUGGULYHDQGUHFRUGLQJVVKDOOWUDQVIHUWRWKH&LW\ 6HZHU6WUXFWXUH,QVSHFWLRQ
7KH SXUSRVH RI VWUXFWXUH LQVSHFWLRQ LV WR DVVHVV WKH FRQGLWLRQ RI WKH QHZ DQG UHKDELOLWDWHG VWUXFWXUH
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³6´7KHLQWHULRUSKRWRJUDSK VKDOOFOHDUO\VKRZWKHIORZFKDQQHOZLWKDOOLQOHWDQGRXWOHWSLSHV7KHODEHOIRUWKLVSKRWRJUDSK VKDOOLQFOXGHWKHVWUXFWXUH,'IROORZHGE\³,´3KRWRJUDSKVRIDQ\IHDWXUHVRUGHWDLOVVKDOOLQFOXGH WKHVWUXFWXUH,'IROORZHGE\³'´RU³'´³'´HWFIRUPXOWLSOHIHDWXUHVRUGHWDLOV 7KH FRQWUDFWRU VKDOO VXEPLW KDUG FRSLHV RI WKH KDQGZULWWHQ LQVSHFWLRQ ORJV DQG '9' V
ZLWK
VFDQQHG FRSLHV RI WKH LQVSHFWLRQ ORJV DQG FRSLHV RI DOO GLJLWDO SKRWRJUDSKV 7LWOH WR DOO GDWD FROOHFWHGVKDOOWUDQVIHUWRWKH&LW\

6HZHU/DWHUDO&RQQHFWLQJDQG([WHQGLQJ
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
0DWHULDOV7HVWLQJ
$ FHUWLILFDWH RI FRPSOLDQFH VKDOO EH VXEPLWWHG WR WKH &LW\ (QJLQHHU DV SHU 6HFWLRQ &HUWLILFDWHV RI &RPSOLDQFH RI WKH 6WDQGDUG 6SHFLILFDWLRQV IRU DOO PDWHULDOV IXUQLVKHG E\ WKH &RQWUDFWRU
7KH&LW\VKDOOEHUHVSRQVLEOHIRUSHUIRUPLQJDOOPDWHULDOWHVWLQJDVVSHFLILHGLQWKH*UHHQ%RRN DQGWKHVH6SHFLDO3URYLVLRQV
7KH&RQWUDFWRUVKDOOEHUHVSRQVLEOHIRUVXEPLWWLQJWRWKH&LW\DOLVWRIDOOPDWHULDOWREHSURYLGHG E\WKH&RQWUDFWRU
&DOWUDQV)RUP+&
DQGVKDOODOVREHUHVSRQVLEOHIRUSURYLGLQJWKH&LW\ZLWK WHVWVSHFLPHQVZKHQUHTXLUHG
,WHPVRI:RUN)RU6DQLWDU\6HZHUV
8QOHVVRWKHUZLVHQRWHGH[FDYDWLRQVSRLOVJHQHUDWHGE\WKHYDULRXVLWHPVRIZRUNRQWKLVSURMHFW VKDOO EH GLUHFW ORDGHG KDXOHG DQG GLVSRVHG RI RQ D GDLO\ EDVLV DQG QR VWRFNSLOLQJ VKDOO EH SHUPLWWHG6RLOFKDUDFWHUL]DWLRQLQIRUPDWLRQLVSURYLGHGIRUWKHFRQWUDFWRU¶VXVHHOVHZKHUHLQWKH SURMHFWGRFXPHQWV
,WHP
7HOHYLVLRQ,QVSHFWLRQRI6HZHU0DLQDQG6HZHU6WUXFWXUH,QVSHFWLRQ 7KLVLWHPVKDOOFRQIRUPWR6HFWLRQ³&OHDQLQJDQG3UHOLPLQDU\,QVSHFWLRQ´DQG6HFWLRQ ³7HOHYLVLRQ,QVSHFWLRQ´RIWKH*UHHQERRN6HFWLRQ³7HOHYLVLRQ,QVSHFWLRQRI 6HZHU0DLQDQG0DQKROHV´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
7KH FRQWUDFWSULFHSDLGSHUOLQHDUIRRWRISLSHOLQHLQVSHFWHGIRU7HOHYLVLRQ,QVSHFWLRQRI6HZHU

0DLQDQG6HZHU6WUXFWXUH,QVSHFWLRQLQFOXGHVIXOOFRPSHQVDWLRQIRUIXUQLVKLQJDOOODERUPDWHULDOV WRROV HTXLSPHQW DQG LQFLGHQWDOV DQG IRU GRLQJ DOO WKH ZRUN LQYROYHG LQ SHUIRUPLQJ YLGHR LQVSHFWLRQLQFOXGLQJVHZHUPDLQDQGPDQKROHFOHDQLQJDQGUHPRYDODQGGLVSRVDORIDOOGHEULV DVVSHFLILHGLQWKH*UHHQERRNDVGHVFULEHGLQWKHVH6SHFLDO3URYLVLRQVDQGDVGLUHFWHGE\WKH (QJLQHHU
,WHP 3UHSDUHDQG,PSOHPHQW([FDYDWLRQ'HZDWHULQJ3ODQ 7KHZRUNRIWKLVLWHPLQFOXGHVWKHSUHSDUDWLRQDQGLPSOHPHQWDWLRQRID:RUNLQJ3ODQIRU:DWHU &RQWUROZLWKUHVSHFWWRWKHIROORZLQJ

*URXQGZDWHULVDQWLFLSDWHGGXULQJWKHFRQVWUXFWLRQRIWKHVHZHUPDLQDQGDVVRFLDWHGVWUXFWXUHV 7KHHOHYDWLRQRIWKHJURXQGZDWHULVWLGDOO\LQIOXHQFHGDQGYDULHVEHWZHHQDQGIHHWEHORZWKH VXUIDFH
7KH&RQWUDFWRUVKDOOVDPSOHDQGDQDO\]HJURXQGZDWHUZKHQHQFRXQWHUHGDQGSUHSDUHDUHSRUW ZKLFKVKDOOEHXVHGWRREWDLQDQ(DVW%D\0XQLFLSDO8WLOLW\'LVWULFWSHUPLWWRUHOHDVHJURXQGZDWHU LQWRWKH VDQLWDU\ VHZHU V\VWHP &RQWUDFWRU VKDOO VWXG\WKH UHSRUWWR DVVHVVWKH QDWXUH RIWKH JURXQGZDWHU WR EH HQFRXQWHUHG GXULQJ FRQVWUXFWLRQ WR GHWHUPLQH WKH DSSURSULDWH VDPSOLQJ WHVWLQJ UHSRUWLQJ FROOHFWLRQDQGWUHDWPHQWPHWKRGV QHFHVVDU\WR VDWLVI\WKH FRQGLWLRQV RIWKH (%08'SHUPLW
7KH FRQWUDFWRU VKDOO HVWLPDWH WKH TXDQWLW\ RI ZDWHU WR EH HQFRXQWHUHG DQG VKDOO SURYLGH DQ DGHTXDWHQXPEHURIKROGLQJWDQNVVRWKDWGHZDWHULQJDFWLYLWLHVGRQRWGHOD\WKHSURJUHVVRIZRUN 7KHZRUNRIWKLVLWHPVKDOOLQFOXGHGHZDWHULQJGXHWRUDLQZDWHUHQWHULQJWUHQFKHVRUFKDQJHVLQ JURXQGZDWHUHOHYDWLRQGXHWRZHWZHDWKHUWLGDOLQIOXHQFHDQGVHHSDJHIURPDGMDFHQWFKDQQHOV 7KH FRQWUDFWRU VKDOO HQVXUHWKDW JURXQGZDWHU GRHV QRW HQWHUWKH DFWLYH VHZHU V\VWHP ZLWKRXW WUHDWPHQW
7KHFRQWUDFWRUVKDOOFRQVLGHUWKHFRVWHIIHFWLYHQHVVRISURYLGLQJVKRULQJVXFKDVVKHHWSLOLQJWR UHGXFHWKHIORZRIJURXQGZDWHUWRWUHQFKHV3HUPLVVLRQWRGLVFKDUJHZDWHUWRWKHVDQLWDU\VHZHU V\VWHPVKDOOEHREWDLQHGLQZULWLQJIURP(%08'DQGWKH&LW\SULRUWRGLVFKDUJH
$QLWHPRIZRUNLVHVWDEOLVKHGIRU3UHSDUHDQG,PSOHPHQW([FDYDWLRQ'HZDWHULQJ3ODQUHTXLUHG DWHDFKSURMHFWORFDWLRQ
,WHP
3URMHFW$UHD
6KHOOPRXQG6W

,WHP
3URMHFW$UHD
UG6W

,WHP
3URMHFW$UHD
WK6W/D&RVWH6W

3D\PHQW
3D\PHQWIRU3UHSDUHDQG,PSOHPHQW([FDYDWLRQ'HZDWHULQJ3ODQVKDOOEHDWWKHFRQWUDFWOXPS VXPIRUGHZDWHULQJDVGHVFULEHGDERYHDQGVKDOOLQFOXGHIXOOFRPSHQVDWLRQIRUIXUQLVKLQJDOOODERU PDWHULDOVWRROVHTXLSPHQWDQGLQFLGHQWDOVLQFOXGLQJSURYLGLQJKROGLQJWDQNVKDXOLQJSHUPLWV DQGSHUPLWFRPSOLDQFHVKRULQJSHUIRUPLQJWKHZRUNDVGHVFULEHGLQWKHFRQWUDFWRU¶VDSSURYHG :RUN3ODQDQGDOOZRUNLQYROYHGLQGHZDWHULQJDVGHVFULEHGKHUHLQUHJDUGOHVVRIWKHTXDQWLW\RI

ZDWHUHQFRXQWHUHG
,WHP 6HZHU)ORZ'LYHUVLRQ
7KH&RQWUDFWRUVKDOODGKHUHWRWKHIROORZLQJJHQHUDOFRQGLWLRQVWRSHUIRUPWKHZRUNUHTXLUHGWR GLYHUWVHZDJHIORZDVQHFHVVDU\WRFRPSOHWHWKHZRUNRIWKHSURMHFW7KH&RQWUDFWRUVKDOODGKHUH WR 6HFWLRQV ³6HZDJH %\SDVV DQG 3XPSLQJ 3ODQ´ DQG ³VSLOO 3UHYHQWLRQ DQG (PHUJHQF\5HVSRQVHSODQ´RIWKH*UHHQERRN
7KH&RQWUDFWRUVKDOOGLYHUWSHUFHQWRIWKHIORZIURPWKHSLSHEHWZHHQPDQKROHVWREHOLQHG UHFRQVWUXFWHGRUSLSHEXUVWLQFOXGLQJIORZIURPDFWLYHODWHUDOVXQWLOWKHQHZUHKDELOLWDWHGOLQHVDUH FRPSOHWHO\LQSODFHDQGUHDG\IRUXVH7KH&RQWUDFWRUVKDOOGLYHUWIORZDURXQGWKHVHFWLRQWREH OLQHGRUUHFRQVWUXFWHGE\SXPSLQJDQGRUE\UHURXWLQJWKHIORZZLWKIORZGLYHUVLRQPHFKDQLVPVLQ DOWHUQDWHVHZHUV\VWHPVWKDWKDYHDYDLODEOHFDSDFLW\
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
7KH&RQWUDFWRUVKDOOWDNHDOOQHFHVVDU\PHDVXUHVWRHQVXUHWKDWVHZDJHGRHVQRWVSLOORQWRWKH VWUHHW RU RQWR RU LQWR SULYDWH SURSHUWLHV 7KH &RQWUDFWRU VKDOO EH UHVSRQVLEOH IRU DOO FRVWV DVVRFLDWHGZLWKWKHFOHDQXSRUGDPDJHIURPDQ\VHZDJHVSLOOVUHVXOWLQJIURPGLYHUVLRQRIIORZV 3ULRUWREHJLQQLQJFRQVWUXFWLRQDQGVHWWLQJXSWULDOGLYHUVLRQVWKH&RQWUDFWRUVKDOOSUHSDUHDQG VXEPLWWRWKH(QJLQHHUIRUDSSURYDODWOHDVWZRUNLQJGD\VSULRUWRFRQVWUXFWLRQDGLYHUVLRQ DQGRUSXPSLQJSODQLQDFFRUGDQFHZLWK6HFWLRQ³6HZDJH%\SDVVDQG3XPSLQJ3ODQ´RI WKH *UHHQERRN WKDW LGHQWLILHV E\SDVV SXPSLQJ DQG GLYHUVLRQ ORFDWLRQV IRU HDFK RI WKH VWDJHV SURSRVHGE\WKH&RQWUDFWRUWRDFFRPSOLVKWKHZRUN

,Q DFFRUGDQFH ZLWK 6HFWLRQ ³6SLOO 3UHYHQWLRQ DQG (PHUJHQF\ 5HVSRQVH SODQ´ RI WKH *UHHQERRN WKH &RQWUDFWRU VKDOO VXEPLW WR WKH (QJLQHHU IRU DSSURYDO D FRQWLQJHQF\ SODQ WKDW RXWOLQHVWKHSUHFDXWLRQVWREHLPSOHPHQWHGWRSUHYHQWVHZDJHVSLOOVRQWRVWUHHWVVXEEDVHPHQWV RIEXLOGLQJVDQGIURPHQWHULQJWKHVWRUPGUDLQV\VWHP 7KHGLYHUVLRQSODQIRUHDFKVWDJHRIGLYHUVLRQSXPSLQJVKDOOLQFOXGHEXWQRWEHOLPLWHGWRDVHZHU PDSVKRZLQJDOOVHZHULQYHUWDQGVXUIDFHHOHYDWLRQVDWWKHPDQKROHV UHFRUGGUDZLQJLQIRUPDWLRQ
PD\EHXVHG
LQWKHDUHDVDIIHFWHGE\WKHGLYHUVLRQDQWLFLSDWHGSHDNVHZDJHIORZVORFDWLRQVRI SOXJV DQG FDOFXODWHGZDWHU VXUIDFH HOHYDWLRQV7KH&RQWUDFWRU VKDOO LQGLFDWH RQWKHPDSWKH FULWLFDOPDQKROH
V
ZKHUH VHZDJHZLOO UHDFK FURZQ RI SLSH HOHYDWLRQIRUHDFK GLYHUVLRQ DQGRU SXPSLQJVHWXS
7KHSXPSLQJSODQVKDOOLQFOXGHWKHORFDWLRQQXPEHUDQGVL]HVRISXPSVOD\RXWDQGGLDPHWHURI SLSLQJYDOYHVDQGVWUXFWXUHRIPDQLIROGLQJ7KHE\SDVVSXPSLQJSODQVKDOOLQFOXGHDVWDQGE\ SXPSPDQLIROGHGWRWKHV\VWHPIRUUHGXQGDQF\LQWKHHYHQWWKDWDQ\RQHSXPSLVLQRSHUDEOH 7KHE\SDVVSLSLQJSODQVKDOODOVRKDYHVXIILFLHQWSDUDOOHOSLSLQJIRUUHGXQGDQF\LQWKHHYHQWWKDW DQ\SLSHUXQQHHGVWREHUHSODFHG
6FKHPDWLFVDQLWDU\VHZHUDQGVWRUPGUDLQPDSVRIWKH&LW\DUHLQFOXGHGZLWKWKHELGGRFXPHQWV IRU WKH ELGGHU¶V FRQYHQLHQFH DQG DUH LQFOXGHG IRU LQIRUPDWLRQ RQO\ ,W LV WKH &RQWUDFWRU¶V UHVSRQVLELOLW\WRYHULI\WKHDFFXUDF\RIWKHLQIRUPDWLRQRQWKHPDSV )RUORFDWLRQVZKHUHGLYHUVLRQSLSLQJFURVVHVLQWHUVHFWLQJVWUHHWVGULYHZD\VDQGSDUNLQJORWVWKH &RQWUDFWRUVKDOOSUHSDUHDQGVXEPLWDSODQWRFRQVWUXFWWHPSRUDU\FURVVLQJVRYHUWKHGLYHUVLRQ SLSLQJWRPDLQWDLQWUDIILFDQGDFFHVV
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
$Q LWHP RIZRUN LV HVWDEOLVKHGIRU6HZHU)ORZ&RQWURO DQG'LYHUVLRQ UHTXLUHG DW HDFK SURMHFW ORFDWLRQ
,WHP
3URMHFW$UHD
6KHOOPRXQG6W

,WHP
3URMHFW$UHD
UG6W

,WHP
3URMHFW$UHD
WK6W/D&RVWH6W

,WHP
3URMHFW$UHD
:HVW0DF$UWKXU%OYG

,WHP
3URMHFW$UHD
2KORQH6W8QGHU5DLOURDG

3D\PHQW
3D\PHQWIRUWKHLWHPRI6HZHU)ORZ'LYHUVLRQVKDOOEHDWWKHFRQWUDFWOXPSVXPSULFHELGDQG VKDOOLQFOXGHDOOODERUPDWHULDOVWRROVHTXLSPHQWDQGLQFLGHQWDOVIRUWKHGLYHUVLRQRIVHZDJH IORZVDVGHVFULEHGKHUHLQLQFOXGLQJEXWQRWOLPLWHGWRGHYHORSLQJWKHGLYHUVLRQSODQGHYHORSLQJ DQG LPSOHPHQWLQJ D VSLOO SUHYHQWLRQ DQG HPHUJHQF\ UHVSRQVH SODQ LQVWDOOLQJ DQG UHPRYLQJ GLYHUVLRQ HTXLSPHQW WULDO GLYHUVLRQV OHDN WHVWLQJ SRVWGLYHUVLRQ FOHDQLQJ DQG LQVSHFWLRQ SXPSLQJIORZV UHPRYDODQGGLVSRVDORIH[LVWLQJDVSKDOWDQGFRQFUHWHSDYHPHQWVDQGGHEULV SDYHPHQWUHVWRUDWLRQDQGPRQLWRULQJZDWHUOHYHOV
,WHP
6KHHWLQJ6KRULQJDQG%UDFLQJ
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
V
VKDOO EH SUHSDUHG ZLWK WKH H[SHFWDWLRQ WKDW ODQGILOO DQG VDQG\ VRLOV PD\ EH HQFRXQWHUHGDQGVKDOOEHVLJQHGE\DOLFHQVHG&LYLODQG*HRWHFKQLFDO(QJLQHHU7KHGDWHRI VLJQLQJVKDOOEHDIWHUWKHGDWHIRUDGYHUWLVHPHQWRIELGVIRUWKLVSURMHFW $QLWHPRIZRUNLVHVWDEOLVKHGIRU6KHHWLQJ6KRULQJDQG%UDFLQJUHTXLUHGDWHDFKSURMHFWORFDWLRQ ,WHP
3URMHFW$UHD
6KHOOPRXQG6W

,WHP

3URMHFW$UHD
UG6W

,WHP
3URMHFW$UHD
WK6W/D&RVWH6W

3D\PHQW
3D\PHQWIRUWKH6KHHWLQJ6KRULQJDQG%UDFLQJLWHPVKDOOEHDWWKHFRQWUDFWOXPSVXPDQGVKDOO LQFOXGHIXOO FRPSHQVDWLRQIRUIXUQLVKLQJ DOO ODERUPDWHULDOV WRROV HTXLSPHQW DQG LQFLGHQWDOV UHTXLUHGIRUWKHLQVWDOODWLRQRI6KHHWLQJ6KRULQJDQG%UDFLQJDVGHVFULEHGKHUHLQ ,WHP 2IIKDXODQG'LVSRVHRI([FDYDWHG0DWHULDO
7KLVLWHPVKDOOLQFOXGHRIIKDXOLQJGLVSRVDODQGSUHSDUDWLRQRIDVLWHVSHFLILF+HDOWKDQG6DIHW\ 3ODQ IRU &RQWUDFWRU¶V SHUVRQQHO IRU KDQGOLQJ VRLO JHQHUDWHG E\ WKH ZRUN RI WKLV SURMHFW 1R SD\PHQWZLOOEHPDGHIRUGLVSRVDORIH[FDYDWHGPDWHULDORXWVLGHRIWKHWUHQFKZLGWKVVKRZQRQ WKHSODQVRQQRVWRFNSLOLQJRIPDWHULDOLVSHUPLWWHG
&RQFUHWHDQGDVSKDOWSDYHPHQWGHEULVJHQHUDWHGGXULQJWKHFRXUVHRIWKHZRUNVKDOOEH VHSDUDWHGDQGGLVSRVHGRIVHSDUDWHO\
7KLVLWHPRIZRUNVKDOOLQFOXGHIXOOFRPSHQVDWLRQIRUWKHORDGLQJWUDQVSRUWDWLRQDQGGLVSRVDORI VDLGPDWHULDOWRWKHHLWKHURIWKHIROORZLQJ
:DVWH0DQDJHPHQW$OWDPRQW/DQGILOO5HSXEOLF

6HUYLFHV±9DVFR5RDG/DQGILOO$OOLHG:DVWH±.HOOHU&DQ\RQ/DQGILOORU$OOLHG:DVWH± )RUZDUG,QF/DQGILOODVQRQEHQHILFLDOXVHZDVWH7KLVLWHPRIZRUNVKDOODOVRLQFOXGHDOO GLVSRVDOVLWHFRRUGLQDWLRQ
&RQWDPLQDWHGPDWHULDOVDPSOLQJDQGWHVWLQJRILQSODFHVRLOVLVSURYLGHGHOVHZKHUHLQWKH SURMHFWGRFXPHQWV7KH&LW\VKDOOEHUHVSRQVLEOHIRUVLJQLQJDOOPDQLIHVWVIURPWKHODQGILOO 3D\PHQW
3D\PHQWIRUWKLVLWHPVKDOOEHDWWKHFRQWUDFWXQLWSULFHSHUWRQDVFRQILUPHGE\WKHODQGILOO¶V FHUWLILHGVFDOHWDJVDQGVKDOOLQFOXGHIXOOFRPSHQVDWLRQIRUIXUQLVKLQJDOOODERUPDWHULDOWRROV HTXLSPHQWSHUPLWVLQFLGHQWDOVIRUSHUIRUPLQJWKHZRUNDVGHVFULEHGKHUHLQ7KLVLWHPRIZRUN VKDOOQRWEHVXEMHFWWR6HFWLRQ%³,QFUHDVHGRU'HFUHDVHG4XDQWLWLHV´RIWKH6WDQGDUG 6SHFLILFDWLRQV
,WHP 6DQLWDU\6HZHU0DLQ2SHQ([FDYDWLRQ 7KLVLWHPVKDOOEHSHUIRUPHGLQDFFRUGDQFHZLWK6HFWLRQV ³$OLJQPHQWDQG*UDGH´ ³%HGGLQJ0DWHULDO´³7UHQFK%DFNILOO´DQG ³3LSHOLQH7HVWLQJ´RIWKHVH6SHFLDO
3URYLVLRQVDQG6HFWLRQ2SHQ7UHQFK&RQGXLW&RQVWUXFWLRQRIWKH*UHHQERRN 7KHZRUNRIWKLVLWHPLQFOXGHVUHPRYLQJDQGUHSODFLQJDQH[LVWLQJVHZHUSLSHZLWKKLJKGHQVLW\ SRO\HWK\OHQH
+'3(
SLSHDQG9LWULILHG&OD\3LSH
9&3
DVQRWHGLQHDFKLWHPEHORZ3LSHVKDOO
EHODLGWRWKHSODQOLQHDQGJUDGHRQDVWUDLJKWVORSHDVVKRZQRQWKHSODQVLQDQHZRUH[LVWLQJ SLSHORFDWLRQ
$WORFDWLRQVZKHUHDFWLYHODWHUDOFRQQHFWLRQVHZHUVDUHWREHFRQQHFWHGDQDSSURSULDWHZ\HRU WHHILWWLQJRQQHZPDLQVKDOOEHLQVWDOOHG,QDFWLYHODWHUDOVHQFRXQWHUHGLQWKHILHOGDQGDVLQGLFDWHG RQWKHSODQVDUHWREHDEDQGRQHGDWWKHPDLQ
7UHQFKEDFNILOOLQH[LVWLQJ$&SDYHGDUHDVVKDOOPDWFKH[LVWLQJSDYHPHQWVHFWLRQZLWKDPLQLPXP RI´RIDVSKDOWFRQFUHWHRYHU´RI&ODVVDJJUHJDWHEDVH$VSKDOW&RQFUHWHXVHGIRUWUHQFK SDYLQJVKDOOFRQIRUPWRWKHSURMHFWSODQVDQG6HFWLRQ³3DYHPHQW5HVWRUDWLRQ´RIWKHVH 6SHFLDO3URYLVLRQV
7UHQFKHVPD\EHH[FDYDWHGHLWKHUE\KDQGRUE\PDFKLQH7UHQFKHVVKDOOEHFXWZLWKYHUWLFDO VLGHV SHU WKH GLPHQVLRQV DV GHWDLOHG RQ WKH SODQV DQG GHVFULEHG KHUHLQ 7KH FRVW RI VRLO H[FDYDWLRQORDGLQJRIIKDXODQGGLVSRVDOWRFUHDWHDWUHQFKVHFWLRQEH\RQGWKHGLPHQVLRQVVKRZQ RQWKHSODQVVKDOOEHWKHUHVSRQVLELOLW\RIWKHFRQWUDFWRU 7KH&RQWUDFWRUVKDOOORDGKDXODQGGLVSRVHRIDOO FRQFUHWHDQGDVSKDOWSDYHPHQWVDQGRWKHU GHEULVUHPRYHGE\WKHZRUNRIWKLVLWHPDWDOHJDOGLVSRVDOIDFLOLW\ $Q LWHP RI ZRUN LV HVWDEOLVKHG IRU 6DQLWDU\ 6HZHU 0DLQ ± 2SHQ ([FDYDWLRQ UHTXLUHG DW HDFK SURMHFWORFDWLRQ
,WHP
´9&36HZHU0DLQ±2SHQ([FDYDWLRQ3URMHFW$UHD
6KHOOPRXQG6W

7KHZRUNIRUWKLVLWHPVKDOOLQFOXGHUHPRYLQJH[LVWLQJFHPHQWLWLRXVGHEULVWKDWLVDGKHUHG WRWKHPDQKROHLQWHULRU7KHUHPRYDOVKDOOEHSHUIRUPHGLQVSHFWHGDQGWKHILQDODSSURYHG E\DQDJHQWRIWKH&LW\
3URMHFW(QJLQHHURU&LW\,QVSHFWRU
SULRUWRFRPPHQFLQJLQVWDOODWLRQ
RIWKHQHZSLSH

,WHP
´9&36HZHU0DLQ±2SHQ([FDYDWLRQ3URMHFW$UHD
UG6W

,WHP
´+'3(6'56HZHU0DLQ±2SHQ([FDYDWLRQ3URMHFW$UHD UG6W

,WHP
´9&36HZHU0DLQ±2SHQ([FDYDWLRQ3URMHFW$UHD
WK6W /D&RVWH6W

3D\PHQW
3D\PHQWIRUYDULRXVSLSHVVKDOOEHPDGHLQDFFRUGDQFHZLWK6HFWLRQ³%DVLVRI3D\PHQW IRU2SHQ7UHQFK,QVWDOODWLRQV´RIWKH*UHHQERRN
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
&,33

7KLV LWHP VKDOO EH SHUIRUPHG LQ DFFRUGDQFH ZLWK3DUW 6HFWLRQ ³&XUHG,Q3ODFH3LSH /LQHU´IURPWKH3XEOLF:RUNV*UHHQERRN7KHLWHPVKDOODOVREHSHUIRUPHGLQDFFRUGDQFHZLWK $WWDFKPHQWV%DQG(WKDWGHWDLODGGLWLRQDO5HJLRQDO6WDQGDUGV 3D\PHQW
3D\PHQWVKDOOEHRQDSHUOLQHDUIRRWEDVLV7KHFRQWUDFWSULFHSDLGSHUOLQHDUIRRW&,33/LQLQJ LQFOXGHVIXOOFRPSHQVDWLRQIRUIXUQLVKLQJDOOODERUPDWHULDOVWRROVHTXLSPHQWDQGLQFLGHQWDOV DQGIRUGRLQJDOOWKHZRUNLQYROYHGLQLQVWDOOLQJWKHOLQHUPDLQWDLQLQJV\VWHPVHUYLFHFRQWURORI SLSHIORZDQGWHVWLQJDVVSHFLILHGLQWKH*UHHQERRNDQGWKHVHVSHFLDOSURYLVLRQVDQGDVGLUHFWHG E\WKH(QJLQHHU
,WHP *URXW,QMHFWLRQDW3LSH/HDNZLWK*URXWLQJ6OHHYH5HSDLU 7KLVJURXWLQMHFWLRQFRPSRQHQWRIWKLVLWHPZLOOEHSHUIRUPHGLQDFFRUGDQFHZLWK$WWDFKPHQW) ³3LSHOLQH3DFNHU,QMHFWLRQ3UH5HKDELOLWDWLRQ´7KHOHDNORFDWLRQVLQWKHSLSHVKDOOEHVHDOHGXVLQJ JURXWWKDWLVVSHFLILFDOO\IRUPXODWHGIRULQILOWUDWLRQ UHSDLUDQGVHDOHGZLWKDQH[SDQGDEOHVOHHYH GHVLJQHG WR UHSDLU WKH VWUXFWXUDO LQWHJULW\ RI GDPDJHG SLSH 7KH JURXWLQJ VOHHYH VKDOO EH FRQVWUXFWHGRIHLWKHURUJUDGHVWDLQOHVV VWHHOSHU$670$DQG$RUDSSURYHG HTXDO,WLVWKHFRQWUDFWRU¶VUHVSRQVLELOLW\WRGHPRQVWUDWHWKDWDQ\SURSRVHGDOWHUQDWLYHPDWHULDO SURYLGHVFRUURVLRQUHVLVWDQFHJUHDWHUWKDQRUHTXDOWRVSHFLILHGPDWHULDO 3D\PHQW
3D\PHQWVKDOOEHPDGHRQD/XPS6XPEDVLVDQGLQFOXGHVIXOOFRPSHQVDWLRQIRUIXUQLVKLQJDOO ODERUPDWHULDOVWRROVHTXLSPHQWDQGLQFLGHQWDOVDQGIRUGRLQJDOOWKHZRUNLQYROYHGLQLQVWDOOLQJ WKHJURXWDWHDFKORFDWLRQ
,WHP
3DYHPHQW'HOLQHDWLRQ
7KLV LWHP VKDOO LQFOXGH UHIHUHQFLQJWKH H[LVWLQJ SDYHPHQWPDUNLQJVPDUNHUV DQG VWULSLQJ ZLWK

FRQWUROSRLQWVIRUORFDWLRQVZKHUHWKHZRUNZLOOREOLWHUDWHH[LVWLQJVWULSLQJDQGUHHVWDEOLVKLQJWKH VWULSLQJPDUNHUVDQGPDUNLQJVDIWHUFRQVWUXFWLRQ
3DYHPHQW'HOLQHDWLRQVKDOOFRQIRUPWRWKHSURYLVLRQVRI6HFWLRQ´7UDIILF6WULSHVDQG3DYHPHQW 0DUNLQJV´RIWKH6WDQGDUG6SHFLILFDWLRQVDQG6HFWLRQ³7UDIILF6WULSLQJ&XUEDQG3DYHPHQW 0DUNLQJVDQG3DYHPHQW0DUNHUV´RIWKH*UHHQERRN$OOWUDIILFVWULSHVDQGSDYHPHQWPDUNLQJV VKDOO EH WKHUPRSODVWLF PDWHULDO FRQWDLQLQJ SHUFHQW VROLGV DQG VKDOO EH UHIOHFWRUL]HG $OO SDYHPHQWVXUIDFHVWRUHFHLYHSDYHPHQWPDUNLQJVVKDOOEHFOHDQHGRIGLUWDQGFRQWDPLQDQWVSULRU WRDSSOLFDWLRQ
3D\PHQW
7KH FRQWUDFW OXPS VXP SULFH SDLG IRU 3DYHPHQW 'HOLQHDWLRQ LQFOXGHV IXOO FRPSHQVDWLRQ IRU IXUQLVKLQJ DOO ODERU PDWHULDOV WRROV HTXLSPHQW DQG LQFLGHQWDOV DQG IRU GRLQJ DOO WKH ZRUN LQYROYHGLQLQVWDOOLQJSDYHPHQWGHOLQHDWLRQFRPSOHWHLQSODFHUHFRUGLQJWKHDOLJQPHQWDQGOD\RXW RI H[LVWLQJ VWULSLQJ PDUNLQJV DQG PDUNHUV DQG HVWDEOLVKLQJ WKH DOLJQPHQW DQG OD\RXW RI SHUPDQHQWGHOLQHDWLRQDVVKRZQRQWKHSODQVDVVSHFLILHGLQWKH*UHHQERRNDQGWKHVHVSHFLDO SURYLVLRQVDQGDVGLUHFWHGE\WKH(QJLQHHU
,WHP 6WRUPGUDLQ6\VWHP&OHDQLQJDQG&&79
7KH ZRUN RI WKLV LWHP LQFOXGHV K\GURFOHDQLQJ DQG &&79 LQYHVWLJDWLRQ IRU WKH SXUSRVH RI GHWHUPLQLQJ 6WRUPGUDLQ V\VWHP UHSDLUV 7KH 3XEOLF :RUNV ,QVSHFWRU RU D &LW\GHVLJQDWHG UHSUHVHQWDWLYHVKDOOEHRQVLWHWRZLWQHVV&&79LQVSHFWLRQRIWKH6WRUPGUDLQOLQHVDVLWRFFXUV 8SRQFRPSOHWLRQRIWKHK\GURFOHDQLQJDQG&&79LQYHVWLJDWLRQWKH&RQWUDFWRUPD\EHGLUHFWHG E\WKH&LW\WRSHUIRUP6WRUPGUDLQUHSDLUV6WRUPGUDLQUHSDLUH[WUDZRUNZLOOEHSDLGIRUXVLQJ,WHP ³6XSSOHPHQWDO:RUN´5HSODFHPHQW6WRUPGUDLQV\VWHPHOHPHQWVVKDOOEHFRQVWUXFWHGSHUWKH 3XEOLF:RUNV³*UHHQ%RRN´7KHFRQVWUXFWLRQPDWHULDORIUHSODFHPHQWVWRUPVHZHUSLSHVKDOOEH LQNLQG7KHORFDWLRQVIRUZKLFKWKH6WRUPGUDLQZRUNZLOORFFXUDUHDVIROORZV
,WHP ,QWHUVHFWLRQRI3RZHOO6WUHHWDQG9DOOHMR6WUHHW 3URMHFW$UHD

K\GURFOHDQ
DQG&&79,QYHVWLJDWLRQRI´5&3OLQHDSSUR[LPDWHO\OLQHDUIHHW ,WHP ,QWHUVHFWLRQRI3DUN$YHQXHDQG+ROOLV6W
3URMHFW$UHD

K\GURFOHDQDQG
&&79,QYHVWLJDWLRQRI&DVW,URQ/LQHV

´aOLQHDUIHHW
´aOLQHDUIHHW
IXOOOHQJWKPDQKROHWRPDQKROH

´aOLQHDUIHHW
´aOLQHDUIHHW
,WHP WK6WUHHW0LGEORFNEHWZHHQ&KULVWLH$YHQXHDQG6KHOOPRXQG6WUHHW 3URMHFW
$UHD

K\GURFOHDQDQG&&795&3/LQHV
´aOLQHDUIHHW
´aOLQHDUIHHW
´aOLQHDUIHHW
´aOLQHDUIHHW
3D\PHQW

7KHFRQWUDFWSULFHVKDOOEHRQDOXPSVXPEDVLV7KLVLQFOXGHVIXOOFRPSHQVDWLRQIRUIXUQLVKLQJDOO ODERUPDWHULDOVWRROVHTXLSPHQWDQGLQFLGHQWDOVDQGIRUGRLQJDOOWKHZRUNLQYROYHGLQFOHDQLQJ PDSSLQJDQGSHUIRUPLQJD&&79LQYHVWLJDWLRQ3URYLVLRQVIRULPSOHPHQWLQJD7UDIILF&RQWURO3ODQ DVQHHGHGVKDOODOVREHLQFOXGHGLQWKHFRQWUDFWSULFH

3$57'
$77$&+0(176
)25
6DQLWDU\6HZHU6SRW5HSDLU3URMHFW)<
3URMHFW1R(3:
&,31R66

CITY OF EMERYVILLE, CALIFORNIA

DEPARTMENT OF PUBLIC WORKS
TITLE SHEET ....................................................1 PROJECT AREA 1 .............................................2PROJECT AREA 2 .............................................3PROJECT AREA 3 .............................................4PROJECT AREA 4 .............................................5PROJECT AREA 5 .............................................6PROJECT AREA 6 .............................................7PROJECT AREA 7 .............................................8PROJECT AREA 8 .............................................9 PROJECT AREA 1
PROJECT AREA 2
PROJECT AREA 3
PROJECT AREA 4
PROJECT AREA 5
PROJECT AREA 6
PROJECT AREA 8
PROJECT AREA 7
SANITARY SEWER SPOT REPAIR PROJECT FY 22/23
PROJECT NO. EPW-005-23

ATTACHMENT A - PROJECT PLANS
City of Emeryville

DEPARTMENT OF PUBLIC WORKS

C A L I F O R N I A
D-1

CITY OF EMERYVILLE, CALIFORNIA

DEPARTMENT OF PUBLIC WORKS
22 24.000.04-24.000.03

22.000.04

22.000.03

SHELLMOUND ST

WEST ELM
BAY ST
D-2

CITY OF EMERYVILLE, CALIFORNIA

DEPARTMENT OF PUBLIC WORKS
23 24

22.000.21

22.002.07A

22.002.09D

22.002.07A-22.002.09D 22.002.16

22.002.16-22.000.21
D-3

CITY OF EMERYVILLE, CALIFORNIA

DEPARTMENT OF PUBLIC WORKS
25 20.001.03

20.001.04-20.001.03

20.001.04
D-4

CITY OF EMERYVILLE, CALIFORNIA

DEPARTMENT OF PUBLIC WORKS
26 50.001.52-50.001.57 50.001.57

50.001.52

WEST MACARTHUR BLVD

PERALTA ST

EMERY ST
D-5

CITY OF EMERYVILLE, CALIFORNIA

DEPARTMENT OF PUBLIC WORKS
27 28

22.000.09-22.000.07 22.000.06A-22.000.06 22.000.06

22.000.06A

22.000.07

22.000.09
D-6

CITY OF EMERYVILLE, CALIFORNIA

DEPARTMENT OF PUBLIC WORKS
30 TC: 28.18
I: 25.21
TC: 28.89
I: 26.29
12"Ø RCP, S=3%
LEGEND
TC: TOP OF CONCRETE ELEVATION
R: RIM ELEVATION
I: INVERT ELEVATION
S: SLOPE
D-7

CITY OF EMERYVILLE, CALIFORNIA

DEPARTMENT OF PUBLIC WORKS
31 TC: 19.19
I: 16.59
TC: 18.93
I: 15.81
R: 19.39
I: 13.24 15" OUTI: 14.18 12" INI: 14.26 8" INI: 13.14 15" IN 15"Ø CAST IRON,
8"Ø CAST IRON,
S=0.86%
S=4.09%
12"Ø CAST IRON,
S=5.09%
15"Ø CAST IRON
S = 0.20%
31 D-8

CITY OF EMERYVILLE, CALIFORNIA

DEPARTMENT OF PUBLIC WORKS
32 60"Ø RCP
60"Ø RCP
S = 0.29%
42"Ø RCP
S = 0.47%
18"Ø RCP
S = 1.48%
TC: 10.69
I: 0.18 42" INI: 6.40 18" INI: 0.16 60" OUTI: 0.18 60" IN D-9

,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

$WWDFKPHQW%6SRW5HSDLU6FKHGXOHRI'HVFULSWLRQV
7KHQXPEHUVLQGLFDWHWKH,WHPRI:RUNSHU3DUW&RIWKH6SHFLILFDWLRQV&RRUGLQDWHWKHVH :RUN,WHPQXPEHUVZLWKWKH3URMHFW3ODQVRQ$WWDFKPHQW$ 6KHOOPRXQG6W
0$3*5,'&
5HSDLU/HQJWK ""
3LSH
'LDPHWHU
µ
3LSH0DWHULDO 9&3
3LSH5HDFK ²

5LPWR,QYHUW
)7 'LVWDQFHIURP8SVWUHDP0+
)7 3ULFH
'HIHFW +HDY\0LQHUDO'HSRVLWV
&RQFUHWH

5HSDLU &KLS DZD\ GHSRVLWV DFFHVVLEOH WKURXJK 0DLQWHQDQFH +ROH GLJXSDQGUHSODFHRQHOHQJWKRISLSH

'HVFULSWLRQ 5HSODFH SLSH IURP 0DQKROH WR QH[W XSVWUHDP MRLQW DSSUR[LPDWHO\ ·µ RI SLSH 2SHQ FXWWUHQFK UHTXLUHG 5HPRYHGHEULVZLWKLQPDQKROHDWMRLQWZLWK3LSHWRHQVXUHIUHH IORZRIZDVWHZDWHULQWRPDQKROH
UG6WDW+ROOLV6W
0$3*5,''
5HSDLU
/HQJWK
""
3LSH
'LDPHWHU
µ
3LSH0DWHULDO 9&3
3LSH5HDFK

5LPWR,QYHUW
)7 'LVWDQFHIURP8SVWUHDP0+
)7 3ULFH
'HIHFW -RLQW2IIVHW0HGLXP
5HSDLU 5HSODFH

VHJPHQWVRI6HZHU0DLQVWDUWLQJIURPGRZQVWUHDP
PDLQWHQDQFHKROHWRZDUGVWKHXSVWUHDPGLUHFWLRQ

'HVFULSWLRQ 7KHOHQJWKRIVHZHUIURPMRLQWWRMRLQWLVDVVXPHGWREH·µSHU VHJPHQW
D-10

(PHU\YLOOH6DQLWDU\6HZHU0DLQ5HSDLUV±6XPPHU
3DJHRI
UG6WDW(PHU\
%D\'U
0$3*5,''
5HSDLU
/HQJWK
""
3LSH
'LDPHWHU
µ
3LSH0DWHULDO 9&3
3LSH5HDFK $

'
5LPWR,QYHUW )7 'LVWDQFHIURP8SVWUHDP0+
)7 3ULFH
'HIHFW -RLQW6HSDUDWHG/DUJH
5HSDLU 2SHQ&XWDQGUHSODFHIXOOVHJPHQWZLWK+'3(6' 'HVFULSWLRQ
UG6WDW(PHU\
%D\'U
0$3*5,''
5HSDLU
/HQJWK
""
3LSH
'LDPHWHU
µ
3LSH0DWHULDO 9&3
3LSH5HDFK
'
$
5LPWR,QYHUW )7 'LVWDQFHIURP8SVWUHDP0+
)7 3ULFH
'HIHFW 7DS%UHDNLQ,QWUXGLQJ
5HSDLU 2SHQ&XWDQGUHSODFHIXOOVHJPHQWZLWK+'3(6' 'HVFULSWLRQ
D-11

(PHU\YLOOH6DQLWDU\6HZHU0DLQ5HSDLUV±6XPPHU
3DJHRI
WK 6W QHDU
/DFRVWH DQG
$VKE\
0$3*5,'&
5HSDLU
/HQJWK
""
3LSH
'LDPHWHU
µ
3LSH0DWHULDO 9&3
3LSH5HDFK

5LPWR,QYHUW )7 'LVWDQFHIURP8SVWUHDP0+

)7 3ULFH
'HIHFW 5RRWV7DS-RLQW%URNHQ3LSHDQG5RRWV0HGLXP 5HSDLU 2SHQ&XWDQGUHSODFHIXOOVHJPHQWZLWK+'3(6' 'HVFULSWLRQ $SSUR[LPDWHO\ · LQ URDGZD\ UHPDLQGHU LQ XQSDYHGODQGVFDSLQJDUHD
:HVW
0DF$UWKXU %OYG
QHDU(PHU\67
0$3*5,''
5HSDLU
/HQJWK
""
3LSH
'LDPHWHU
µ
3LSH0DWHULDO 9&3
3LSH5HDFK

5LPWR,QYHUW )7 'LVWDQFHIURP8SVWUHDP0+

)7 3ULFH
'HIHFW %URNHQ²6RLO9LVLEOH)UDFWXUH/RQJLWXGLQDO
&RQWLQXRXV

5HSDLU &,33OLQHUIRUIXOOVHJPHQW
'HVFULSWLRQ

D-12

(PHU\YLOOH6DQLWDU\6HZHU0DLQ5HSDLUV±6XPPHU
3DJHRI
8355QHDU%D\6W
&RPSOH[
0$3*5,'&
5HSDLU/HQJWK ""
3LSH'LDPHWHU µ
3LSH0DWHULDO 9&3
3LSH5HDFK

5LPWR,QYHUW
)7 'LVWDQFHIURP8SVWUHDP0+

)7 3ULFH
'HIHFW )UDFWXUH6SLUDO'HSRVLW(QFUXVWDWLRQ,QILOWUDWLRQ*XVKHU 5HSDLU *URXW,QMHFWLRQDWLQILOWUDWLRQORFDWLRQ
'HVFULSWLRQ 7UHQFKOHVVUHSDLU
%D\6W&RPSOH[
0$3*5,'&
5HSDLU/HQJWK ""
3LSH'LDPHWHU µ
3LSH0DWHULDO 6WHHO
3LSH5HDFK $

5LPWR,QYHUW )7 'LVWDQFHIURP8SVWUHDP0+
)7 3ULFH
'HIHFW ,QILOWUDWLRQ*XVKHU-RLQW
5HSDLU *URXW,QMHFWLRQDWLQILOWUDWLRQORFDWLRQ
'HVFULSWLRQ 7UHQFKOHVVUHSDLU
D-13

Amendment A to the Standard Plans for
Public Works Construction

ATTACHMENT C
D-14

D-15

D-16

D-17

D-18

D-19

D-20

D-21

D-22

D-23

D-24

D-25

D-26

D-27

D-28

D-29

D-30

D-31

D-32

D-33

D-34

D-35

D-36

D-37

D-38

D-39

D-40

D-41

D-42

D-43

D-44

D-45

D-46

D-47

CITY OF EMERYVILLE, CALIFORNIA, PUBLIC WORKS DEPARTMENT

TYPICAL TRENCH CUT AND

PAVEMENT RESTORATION
Class 2
Aggregate
Base 95%
RC
Pipe and Initial
Backfill per
Approved Project
Design
When plating is necessary, use non-skid trench plates. Secure plates with pins and wedges, place hot mix asphalt at all plate edges to create smooth transitions. Trench plates shall be installed recessed and flush with roadway surface for excavations exceeding 8'x4' in any direction and for plates in place for more than 72 hours. Multiple, recessed trench plates shall be tack welded together to prevent movement. Upon completion of backfill, immediately place 3" min. temporary hot mix asphalt. Within 2 weeks from the start of excavation, remove existing pavement a minimum of 2' beyond each sidewall by saw cutting or grinding and place permanent paving.

D-48

Regional Standards
June 30, 2016 (rev. June 30, 2021)
*+
306-7.4 Vitrified Clay Pipe (VCP).

ADD NEW SUBSECTION 306-7.4.4 TO READ:
306-7.4.4 Special Joints. Type "D" joints shall be used to join sections of pipe of dissimilar material.
306-7.8.2.1(e) Pressure Testing and Leakage Inspection.

ADD THE FOLLOWING TO THE END OF SUBSECTION 303-7.8.2.1(e) Pipeline cleaning shall be performed prior to CCTV inspection in accordance with 500-1.1.4.

ADD NEW SUBSECTION 306-16 TO READ:
306-16 BUILDING SEWERS.
306-16.1 General. Building sewer work shall consist of reconnecting existing building sewers to the new pipe or rehabilitated sewer main in accordance with 500-1.1.7(a), the Standard Specifications, and as specified herein.

The two uppermost lateral connections on a sewer main below a cleanout, lamphole or maintenance hole with no upstream sewer shall be connected with a wye-connection. 306-16.1.1 Records to be Kept. The Contractor shall maintain a list of the active/inactive building sewers showing:

1. Approximate distance from upstream maintenance hole on public sewer

2. Building sewer status: active or inactive

3. Address being served by active building sewer
The Contractor shall deliver to the Engineer two copies of the completed logs prior to acceptance of work. Logs shall be provided in an electronic format, acceptable for incorporation with existing geospatial information systems.
306-16.2 Material. Pipe for building sewers shall be vitrified clay, high density polyethylene, cast iron, or any other material approved by the Engineer. Connections of building sewers to public sewer mains shall be made only by using a Wye branch, a Tee branch, a drilled tap or saddle as approved by the Engineer.

The size of any building sewer shall be at least as large as the existing building sewer to which it connects, but in no case less than four inches (102 mm).

When an existing five-inch (127 mm) building sewer is encountered, the Contractor shall install a six-inch (152 mm) connection to the main and construct six-inch (152 mm) building sewer to the reconnection point. At the reconnection point, a five-inch to six-inch increaser shall be used.

PART 5 – PIPELINE SYSTEM REHABILITATION
500-1 PIPELINE REHABILITATION.
500-1.1.5 Television Inspection.

ADD THE FOLLOWING TO THE END OF THE SUBSECTION:

All inspections shall be documented with written reports that include a NASSCO Pipeline Assessment Certification Program (PACP) coding of all defects, or the Agency's standard coding of defects if different than NASSCO. The PACP coding shall be accomplished by an operator or worker who holds current PACP certification.
500-1.1.6 Sampling, Testing and Installation.

ADD THE FOLLOWING THREE PARAGRAPHS TO THE END OF THE
SUBSECTION:

Prior to beginning work, Contractor shall clean sewer pipe of any obstruction and debris including roots in accordance with 500-1.1.4. The Contractor shall provide pre-rehabilitation CCTV inspection in accordance with 500-1.1.5. Point Repairs, if required, shall be performed as specified in 500-1.2.

Pipeline cleaning shall be performed prior to CCTV inspection in accordance with 500-1.1.4.

DD
Pipe
AD
P e
A T
eline
D T
eli e
D E
clea
THE
c a
T O
aning
FO
an g
LO
g sha
OLLO
g a
O W
all be
OW
al e
O G
e pe
ING
e e
ING TO
rform
G TO
erf m
G TH
med
O TH
m
O E E
prio
HE
p o
H ND
r to
END
or
E O
CCT
D O
C T
D S
TV in
OF S
TV n
O B
nspe
SUB
ns e
SUB EC
ction
SEC
ct n
TI
n in a
CTI
n a
C N
acco
ON
ac o
O 03
ordan
303
ord n

7. nce w
3-
nc w
3 .2
with

8.2 w
(e
500
.1(e
5 0
1(e
-11
e)
1 4
06-
ADD
30 D
306
A

7.8. DT
-7.8
D T

2.1(
HE
.2.1
TH
e) P
FO
res
LLO
Pre
O O
sure
OW
sur
O
Te
ING
e T
G
e Te
I
stin
G TO
sti
G O
g an
O TH
g a
O H
d Le
HE
nd
E
d L
H
eaka
END
eak
E D
ge
DO
age
D O
nsp
FS
Ins
S
ns
O
ecti
SUB
pec
B
ec
S
on.

SEC
ion
C
on
S CTI

ON 303 7 82 1( )
material.

D
306-
ADD
30 A E

7.4. D NE
-7.4
D S
4 S
EW S
.4
S
4 E BS
Spec
SUBS
Spe
S C
cial
SEC
cia
S O
Join
CTIO
Jo
C 0
nts.

N 30
nts
30 7
Typ
06-
T
0 pe "
.4.4
pe
4 pe D" jo
TO
D"
O
D"
A
oints
REA
oin
R
sha
AD:
s s
A
all be used to join sectionsof pipe of dissimilar
06-
ADD
306
A D
06 .4
D NE
-7.4
D E
.4 Vit
EW S
Vi
EW S
fie
SUBS
trifie
SU S
C
SEC
ed
S C
ay P
CTIO
lay
CT O
ay pe
N 30
Pipe
N 0
ipe VC
06-7
e (VCP).
44 CP)
4 TO READ:

IGNORE

ATTACHMENT E
D-49

Regional Standards
June 30, 2016 (rev. June 30, 2021)
*,
All insertion processes shall be carried out in compliance with all applicable Cal-OSHA requirements. The installation Contractor shall have the necessary Cal-OSHA licenses before the work commences. Special attention shall be paid to the safety requirements involving work in confined spaces and work with steam.

The Contractor shall remove all protruding laterals that may prevent proper liner insertion.

The removal method for protruding laterals shall be submitted with the shop drawings for approval.
500-1.1.7 Miscellaneous.
500-1.1.7 a) Service Connections.

ADD THE FOLLOWING TO THE END OF SUBSECTION 500-1.1.7a).

External Service Reconnections. The Contractor shall expose the building sewer and make arrangements with the occupant and/or owner to access all the plumbing fixtures in each building and perform dye tests to determine if the exposed building connection sewer is active. If the occupant or owner denies access to the building, the exposed building connection sewer shall be assumed active unless otherwise directed by the Engineer and shall be reconnected in accordance with these specifications.

If the service connection is to be re-established with an external reconnection, the existing service connections shall be excavated and disconnected at the joint. The existing sewer (now the host or carrier pipe for the liner) shall be carefully broken/removed to expose the liner to the extent necessary without damaging the liner. The liner pipe shall be allowed to normalize to ambient temperature and to cool down before a hole is drilled out. This (and any other) “coupon” shall be retrieved and handed over to the Engineer for inspection of liner integrity, if requested by the Engineer. A pre-fabricated polyethylene saddle equipped with a neoprene gasket and a protruding stub-out shall be installed onto the exposed liner with an epoxy-bonding agent over the cut out. The saddle's attached stub-out must protrude into the liner a distance equal to the liner's wall thickness. The strap-on saddle shall then be tightened with two Type 301 stainless steel or higher-grade bands, one on each side. The nuts and bolts shall be Type 305 stainless steel. The new stub-out, or lateral, shall be connected to the existing service line with a flexible coupling. The stubout attached to the saddle shall not be smaller than the nominal size of the service line to which it is to be attached. All exposed liner shall be encased in concrete. The entire connection structure, including the main, saddle, stub-out, and exposed building connection sewer shall be backfilled as specified in 500-1.3.6.3.

For service reconnection locations in the street, all CIPP lined sewers shall have service connections reconnected externally. The Contractor may elect to temporary reconnect the lateral by internal method, but no additional payment shall be made for the temporary connection.

Internal Service Reconnections. For service reconnections locations in the sidewalks and in easements where CIPP lined sewers are installed, Internal service reconnections shall be.

Internal service reconnections use a remote-control cutting device operating within small diameter pipe or directly for man-entry pipe. A color, pivot head CCTV camera shall be attached to the cutting device for precise location of service connections and inspection of the liner pipe. The CCTV inspection shall be performed in the same direction as the CCTV inspection performed before liner insertion.

The Contractor shall have a fully operation backup device for the remote-control cutting device. If the Contractor is unable for any reason to re-establish remotely the service connections, the Contractor shall re-establish each service connection by open excavation at no additional cost.

The remote-control cutting device must provide nearly full-diameter holes, free from burrs or projections, each hole providing a minimum of 95% and a maximum of 100% of the original service connection diameter and area. The new hole edges shall be smooth and crack free with no loose material. The service connection invert shall match the bottom of the reinstated service opening.

D-50

Regional Standards
June 30, 2016 (rev. June 30, 2021)
*-
REPLACE SUBSECTION 500-1.2.6 WITH THE FOLLOWING:
500-1.2.6 Installation and Field Inspection. The installation of the replacement pipe and/or repair work shall conform to Section 306. One or a combination of the following three point repair methods shall be used. The selected method shall be subject to the Engineer’s approval prior to implementation.
a) Repair Clamp. Install full circle repair clamps as recommended by the manufacturer and approved by the Engineer. All full circle repair clamps shall be of Type 316 stainless steel fastened with Type 305 stainless steel nuts and bolts.
b) Heat-Shrink Sleeve. Install in accordance with manufacturer's recommendations. c) Remove and Replace Pipe or Fittings. Remove defective pipe or fittings to the nearest joint or by cutting perpendicular to the pipe axis to leave a plain end. Prepare a replacement section of like pipe material (or as otherwise approved by the Engineer or shown on the drawings). Make connections using shielded couplings, or heat-shrink sleeves. 500-1.3 High Density Polyethylene (HDPE) Solid Wall Liner.

REPLACE SUBSECTION 500-1.3.1 TO READ:
500-1.3.1 General. HDPE solid-wall liner pipe shall comply with ASTM D3350 and ASTM F714.

Fittings shall comply with ASTM D2683 or ASTM D3261. Fittings fabricated by mitered, butt fusions are also permitted. Unless otherwise specified or approved, the outside diameter of the line shall not be less than 90 percent of the inside diameter of existing pipes, and the standard dimension ratio (SDR) of the liner for sliplining shall be equal to 26. 500-1.4 Cured-in-Place Pipe Liner (CIPP) Liner.

REPLACE THE WORDS “epoxy or epoxy vinyl-ester resin” WITH “epoxy, or epoxy vinylester resin” WHEREVER THEY APPEAR IN SUBSECTION 500-1.4. 500-1.4.1 General.

REPLACE SUBSECTION 500-1.4.1 WITH THE FOLLOWING:
500-1.4.1 General.
• CIPP liner for pipeline rehabilitation shall be either of two types:

Type A – inversion process in compliance with ASTM F1216 or Type B – pull-in-place process in compliance with ASTM F1743. • The CIPP liner shall use an approved epoxy, or epoxy vinyl-ester resin-impregnated flexible fabric tube.
• The minimum liner thickness shall be 0.236 inch (6.0 mm).

D-51

Regional Standards
June 30, 2016 (rev. June 30, 2021)
*.
• Prior to commencing work, the Contractor shall provide submittals on all lining materials and resins and shall furnish manufacturer certification that the liner material complies with the requirements stated herein. The submittals shall include information about all component materials. In accordance with 2-5.3, the Contractor shall submit shop drawings of construction details, including complete manufacturer’s recommendations for storage procedures, temperature control, removing roots and protruding laterals, liner handling and insertion, curing details, re-establishing service connections, trimming and finishing. The shop drawings shall include placement location(s) and method(s) and bypass location(s) with sufficient detail to assure that the work can be accomplished without sewage spill. The Contractor shall also provide manufacturer’s certification, field measurements and pipe-sizing calculations that demonstrate that the liner has been properly sized to avoid the creation of wrinkles or folds and to avoid gaps between the liner and the host pipe. Only manufacturerlicensed and certified contractors shall install CIPP liner. 500-1.4.2 Material Composition and Testing.

REPLACE THE WORDS “epoxy or epoxy vinyl-ester resin” WITH “epoxy, or epoxy vinylester resin” WHEREVER THEY APPEAR IN SUBSECTION 500-1.4.2.

ADD THE FOLLOWING TO THE END OF THE SECOND PARAGRAPH OF SUBSECTION 500-1.4.2:

The certified test results shall be from liner samples that have undergone the same curing process, formulation, size and thickness as that proposed to be installed. All material testing shall be performed at the Contractor's expense by a registered, independent, third party laboratory approved by the Engineer. A certificate of compliance and certified test results from an independent third-party laboratory shall also be provided for long-term flexural modulus.

ADD TABLE 500-1.4.2 (A) TO READ:

TABLE 500-1.4.2 (A)
CIPP Liner Minimum Flexural Requirements for Polyester Resin Type of Polyester
Resin 1
Flexural Modulus (E)
(Initial2, psi)
Flexural Modulus (EL)
(Long Term3
, psi)
Flexural Strength
(psi)
Enhanced 400,000 200,000 4,000
Standard 300,000 150,000 4,500
1 Only one type of resin shall be used for this project. 2 The initial flexural modulus is defined in ASTM D790. 3 The long-term flexural modulus is defined as fifty years and is determined by ASTM D2990 Test Method.

The Engineer may, at any time prior to installation, direct the Contractor to obtain cured samples and test them in accordance with the appropriate ASTM standards.

REPLACE SUBSECTION 500-1.4.4 WITH THE FOLLOWING:
500-1.4.4 Chemical Resistance.

The CIPP liner furnished shall meet the chemical resistance requirements of ASTM D5813.

The CIPP liner shall also meet the chemical resistance requirements of ASTM F1216 or ASTM F1743, depending upon the installation method. The Contractor shall submit to the Engineer verification that the CIPP liner complies with the ASTM testing requirements. This verification of compliance shall be in written form of a finalized, signed, and dated independent laboratory report. The date on this report shall constitute the compliance date.

D-52

Regional Standards
June 30, 2016 (rev. June 30, 2021)
*/
REPLACE SUBSECTION 500-1.4.5 WITH THE FOLLOWING:
500-1.4.5 Installation
• The outer diameter of the tube shall be properly sized to allow for expansion to ensure that the CIPP can fit snugly against the host pipe. The installed CIPP liner shall tightly fit the internal circumference and length of the original pipe. The gap between the existing pipe ID (inside diameter), and the OD (outside diameter) of the installed liner pipe shall not exceed

0.25 inches at any point along the pipeline. The pipe shall be rejected if shrinkage exceeds this amount.
• The CIPP shall be installed in accordance with the manufacturer’s recommendations as approved by the Engineer and ASTM F1216 or ASTM F1743. Immediately prior to installation, the CIPP liner tube shall be saturated with resin (on or off the job site) and stored / transported at a cool temperature as recommended by the resin manufacturer. • Before tube installation, the manufacturer shall provide data on the tube's maximum allowable stresses and elongation. The exterior of the manufactured tube shall be marked along its length at regular intervals not exceeding five feet. These marks shall be used as a gauge to measure elongation during installation. Any tube length experiencing overall elongation greater than five percent shall be rejected and replaced at the Contractor's expense.
• If the cured pipe does not fit tightly against the host pipe at its termination point(s), the void shall be sealed by filling with a resin mixture compatible with the CIPP Liner. • Wrinkles in the finished liner pipe that cause a backwater, reduce the pipe's hydraulic capacity or structural stability, or create voids between the liner and pipe wall are unacceptable and shall be removed and repaired at the Contractor’s expense. • Measurements to confirm that the liner’s outside diameter is within the acceptable tolerance shall be made at the lateral connections, maintenance holes and terminal ends after liner stabilization has occurred and prior to re-establishing the service connections. • Laterals shall be reconnected the same day of the liner installation.

REPLACE SUBSECTION 500-1.4.8 WITH THE FOLLOWING:
500-1.4.8 Repair and Rejection. The Contractor shall replace the pipeline in any reaches that the liner samples fail to meet the standard specifications.

ADD SUBSECTION 500-1.4.9 TO READ:
500-1.4.9 Material Testing. The Contractor shall provide certified test results of the short term structural properties of the cured lining material from the actual installed liner at a minimum of one location per each liner insertion setup as part of the acceptance requirements. All material testing shall be performed by a registered, independent, third party laboratory approved by the Engineer at the Contractor's expense.

The cured liner shall be sampled and tested for flexural strength and flexural modulus (short term) in accordance with the requirements of ASTM F1216 or ASTMF1743 and ASTMD790. The liner shall be in conformance with the structural properties specified in 500-1.4.2.

In addition, the Contractor shall furnish all liner ends for each installation to the Engineer for inspection and thickness verification. These samples shall be used to confirm the liner’s thickness meets the specified requirement.

The Contractor shall replace the pipeline in any reach that the liner samples fail to meet the project specifications.

ADD NEW SUBSECTION 500-1.4.10 TO READ:
500-1.4.10 Spill Prevention in Curing Process. In addition to the Spill Prevention and Control in section 7-8.6, the Contractor is required to submit a plan for review by the Engineer to prevent and contain any water leak/spill during curing process. No water from the boiler is allowed to spill into street, gutters, storm drains or creek.
500-1.5 Polyvinyl Chloride (PVC) Pipe Lining Systems.

D-53

Regional Standards
June 30, 2016 (rev. June 30, 2021)
*0
DELETE THE SUBSECTION.
500-1.6 Pipe-Bursting Method.
500-1.6.1 General. The pipe bursting method is a type of trenchless construction in which a bursting tool splits/fractures the existing pipe while simultaneously installing a new polyethylene pipe of the same size or larger using a static or pneumatic pipe bursting technique. The Contractor shall furnish all labor, equipment, materials, tools, and appurtenances necessary or proper for the performance and completion of pipe bursting work. 500-1.6.1.1 Preliminary Surface Inspection. The Contractor shall make a careful preliminary surface inspection of the site along which the operation is run. Special note shall be taken and a photographic record shall be kept of the following:
1) Signs of surface cracks in roadways, sidewalks, and other paved areas; 2) Evidence of cracks and misalignments in boundary walls and structure walls near the trench;
3) Evidence of recent road work;
4) Current work in progress by other contractors;
5) Signs of possible leakage from water or gas mains; and 6) Other relevant features present before operations commence.

The preliminary surface inspection work shall be considered part of the sewer installation work and no separate payment will be made.
500-1.6.2 Contractor Qualifications. The Pipe Bursting Contractor shall have experience and qualifications in the installation of pipe using pipe bursting as required by the Agency. 500-1.6.2.1 Field Supervisory Qualifications. Field supervisory personnel employed by the pipe bursting contractor shall have at least three (3) years of documented experience in the performance of the work and tasks as stated in contract documents. 500-1.6.3 Contractor Submittals.
500-1.6.3.1 Contractor Qualifications. The Contractor shall submit, with other bid documents, documentation of their project and personnel experience with other projects similar in size and nature to the project specified in the contract documents. 500-1.6.3.2 Drawings and Documents. Shop drawings, catalog data, and manufacturer's technical data showing complete information on material composition, physical properties, and dimensions of new pipe and fittings shall be submitted prior to installation. A manufacturer’s compliance certificate for these specifications shall be provided by the Contractor for all material furnished under this specification. Prior to beginning pipe installation the Contractor shall provide a certificate of conformance to the applicable ASTM specifications. 500-1-6-4 Materials.
500-1.6.4.1 High Density Polyethylene (HDPE) Pipe. Polyethylene pipe shall be high density polyethylene pipe (HDPE) and meet applicable requirements of ASTM F714 and ASTM D3035.

HDPE pipe and fittings shall be used in accordance with the material specifications. All additional appurtenances (maintenance holes, tees, gaskets, etc.) shall meet the material specifications.

Pipe Joining. All pipe installed by pipe bursting shall be joined by butt fusion, electro fusion (per ASTM F2620), or full circle clamp as detailed in 500-1.6.5, Pipe Joining.

Pipe Production. HDPE pipe shall be produced from resins meeting the requirements of ASTM D1248, designation PE3408, ASTM D3350 cell classification PE345444C, and will meet the requirements of AWWA C901 and C906. HDPE pipe shall meet the minimum stability requirements of ASTM D3350.

Pipe Markings. Pipe shall be legibly marked at intervals of no more than five (5) feet with the manufacturer's name, trademark, pipe size, HDPE cell classification, appropriate legend such as SDR 17, ASTM D3035, AWWA C901 or C906, date of manufacture and point of origin.

Pipe Material. All pipe shall be made of virgin material. No rework material except that obtained from the manufacturer's own production of the same formulation shall be used. The pipe shall be homogeneous throughout and shall be free of visible cracks, holes, foreign material, blisters, or other deleterious faults.

D-54

Regional Standards
June 30, 2016 (rev. June 30, 2021)
+'
Pipe Color and Quality. For CCTV inspection purposes, the HDPE pipe shall have a lightcolored interior achieved with a homogeneous, light-colored material throughout or with a fullybonded light-colored interior meeting the above specifications.

Liner Pipe Dimensions. The minimum wall thickness shall conform to Standard Dimension Ratio (SDR) of 17 when measured in accordance with ASTM D2122. The minimum inside diameter (ID) of new pipe to be installed shall be as specified in the plans. Depending on the availability of pipe product, the nearest size to the specified pipe shall be required, upon the Engineer’s approval.

Pipe - General. All HDPE pipe without an ultraviolet inhibitor shall not be stored uncovered outside. The Contractor shall exercise care during the unloading, handling, and storage of all polyethylene pipe to ensure that the pipe is not cut, gouged, scored, or otherwise damaged. 500-1.6.5 Pipe Joining for Sections of HDPE Pipe. The polyethylene pipe shall be assembled and joined at the site using the butt-fusion method to provide a leak-proof joint, and in conformance with ASTM D2620. Insertion of pipe shall be in accordance with ASTM F585.

Threaded or solvent-cement joints and connections are not permitted. All equipment and procedures used shall be in strict compliance with the manufacturer's recommendations. Fusing shall be accomplished by personnel certified as fusion technicians by a manufacturer of polyethylene pipe and/or fusing equipment.

Terminal Sections. Terminal sections may also be joined by Electrofuse Couplings, Friatec, or approved equal. Terminal sections may also be joined by full circle repair clamps by Smith Blair, JCM, or approved equal.
500-1.6.6 Service Connection Materials. The preferred method of sewer service connections to the HDPE sewer main shall be the use of electrofusion saddles by Central Plastics, Friatec, or equal as approved by the Engineer. Mechanical taps, Inserta Tees made by Fowler Manufacturing or approved equal, may also be used for sewer service connections if approved by the Engineer. Depending upon site conditions and if approved by the Engineer, sewer service connections to the HDPE main may be made by plastic saddles with stainless steel straps, by GPK, or approved equal, or rubber saddles with stainless steel straps by Fernco Company, DFW, or approved equal.
500-1.6.7 Sealing Connections at Maintenance holes. The annular space at each maintenance hole may also be sealed with a waterstop gasket by Fernco Company or approved equal, and finished with a quick setting grout. Pipe shall be allowed to relax in accordance with 506-1.6.11.d.
500-1.6.8 Pipe Bursting Equipment. The pipe bursting unit shall be designed and manufactured to force its way through the existing line by fracturing the pipe and compressing the broken pieces into the surrounding soil as the equipment progresses. The bursting unit shall generate sufficient force to burst and compact the existing pipeline. In each case the pipe bursting unit shall pull the polyethylene pipe with it as it moves forward. 500-1.6.9 Execution of Work - General. Bypass pumping shall be accomplished when and where necessary. The Contractor shall provide flow diversion with pumps adequate in size and capacity to handle all flows generated during the pipe bursting process. All costs for bypass pumping shall be incidental unless specific pay items for this work are included in the bid and pay schedule. Excavation of insertion pits shall be at locations determined by the Contractor.

Insertion pits shall be of sufficient length to allow the bursting head and new HDPE pipe to enter the host pipe at an angle that will maintain the grade of the existing sanitary sewer.

D-55

Regional Standards
June 30, 2016 (rev. June 30, 2021)
+(
500-1.6.10 Preparation of Work. All sewer service connections shall be located prior to pipe bursting the main, by pre-CCTV inspection, and then exposed prior to pipe bursting. If the preinspection reveals obstructions or pipe materials that will prevent the existing pipe from being pipe burst properly and cannot be removed by conventional cleaning equipment, a point repair will be made by the Contractor, with approval from the Engineer. If the pre-CCTV inspection reveals a sag or hump, sag or hump removal shall be made by the Contractor, with approval from the Engineer.
500-1.6.11 Insertion of the HDPE Pipe.
500-1.6.11.a. The polyethylene pipe shall be assembled and joined at the site using the buttfusion method to provide a leak-proof joint. Threaded or solvent-cement joints and connections are not permitted. All equipment and procedures used shall be in compliance with the manufacturer's recommendations. Fusing shall be accomplished by personnel certified as fusion technicians by a manufacturer of HDPE pipe and/or fusing equipment. 500-1.6.11.b. Insertion shall be in accordance with ASTM F585. The butt-fused joint shall be in true alignment and shall have uniform rollback beads resulting from the use of proper temperature and pressure. The joint shall be allowed adequate cooling time before removal of pressure. The fused joint shall be watertight and shall have tensile strength equal to that of the pipe. All defective joints shall be cut out and replaced at the expense of the Contractor. The inside weld bead shall be removed by cutting the bead away without scoring the inside wall of the pipe, to the satisfaction of the Engineer.
500-1.6.11.c. Service connections to the HDPE pipe shall be made with materials submitted and approved in accordance with 500-1.6.6.
500-1.6.11.d. A relaxation period shall be allowed prior to making service connections and connections to maintenance holes. The relaxation period shall be appropriate with and dependent upon site conditions, but not less than eighteen (18) hours unless otherwise determined by the Contractor.
500-1.6.11.e. If concrete encasements are encountered, a point repair shall be performed, with the approval of the Owner, to excavate and break out concrete prior to the pipe bursting operation to allow the steady and free passage of the pipe bursting head. 500-1.6.11.f. The new HDPE pipe shall be inserted immediately behind the pipe bursting head in accordance with the manufacturer's recommended procedures. The bursting tool shall be specifically designed and manufactured for the type of insertion process being used. It shall be utilized to guide and assist the bursting head during the operation. A pushing machine may be utilized to aid pipe insertion from the rear.
500-1.6.11.g. New HDPE pipe shall extend into each maintenance hole, a maximum of two inches after pipe relaxation and prior to installation of any restraints. The annular space shall be sealed in accordance with 500-1.6.7.
500-1.6.12 Service Reconnections. Service connections to the HDPE pipe shall be made with materials submitted and approved in accordance with 500-1.6.6. After the new HDPE pipe has been installed and tested, the Contractor shall be responsible for reconnecting existing sewer services in accordance with 500-1.1.7.a. All service lines shall be the size indicated in the plans and specifications.
500-1.6.13 Testing and Acceptance. After the new HDPE pipe is installed and all services are reconnected, the pipe shall be inspected by CCTV. Post-CCTV video shall be submitted to the Engineer for approval and acceptance of the new pipe. Leakage testing will also be performed and both this testing and CCTV inspection shall be in accordance with 500-5, Acceptance Testing.
500-1.7 Deformed/Reformed HDPE Liner.

ADD THE FOLLOWING TWO PARAGRAPHS TO SUBSECTION 1.7.1:

Only manufacturer-licensed and certified contractors shall install Deformed/Reformed HDPE Liner.

D-56

Regional Standards
June 30, 2016 (rev. June 30, 2021)
+)
The HDPE liner minimum wall thickness shall conform to the Standard Dimension Ratio (SDR) of 26 when measured in accordance with ASTM D2122. 500-1.9 External In-Place Wrap.

DELETE THE SUBSECTION.
500-1.10 Folded and Re-formed PVC Pipe Liner.

DELETE THE SUBSECTION.
500-1.12 Polyvinyl Chloride (PVC) Closed Profile Liner Pipe.

DELETE THE SUBSECTION.
500-1.13 Machine Spiral Wound Polyvinyl Chloride (PVC) Pipe Liner.

DELETE THE SUBSECTION.

REPLACE SUBSECTION 500-2 WITH THE FOLLOWING:
500-2 MAINTENANCE HOLE AND STRUCTURE REHABILITATION.
500-2.1 General.
• The section covers repair and rehabilitation of existing maintenance holes, lampholes, cleanouts, and appurtenances. Rehabilitation methods include sealing of walls, covers, pipes entering and leaving maintenance holes; replacing cast iron frames and/or covers; replacing maintenance hole steps; rebuilding maintenance hole walls; removing and replacing the entire structure; and other related miscellaneous work. Sewer flow control, as necessary, shall be performed in accordance with 500-1.1.4c.
• All maintenance hole rehabilitation materials shall be submitted to the Engineer and are subject to the approval of the Engineer. The manufacturer shall provide certification that the materials proposed for use are compatible with one another. All materials that shall contact the sewer environment shall be specifically designed for chemical resistance to the sewer environment. The manufacturer shall certify that the materials are resistant to the sanitary sewer environment and to the following: 5% nitric acid, 5% sulfuric acid, 10% phosphoric acid, 100% ASTM fuel C, 100% vegetable oil, 0.1% detergent, 0.1% soap, 5% sodium hydroxide, and 1% ferric chloride.
500-2.2 Leakage at Frames and Covers. Leakage at cast iron frames and covers shall be eliminated by one of the following methods of this subsection, or as directed by the Engineer. 500-2.2.1 Replace Cover. When an existing frame is in good, sound condition but the cover is broken or otherwise determined to be unusable (for example because of vent holes which allow infiltration), it shall be removed and replaced as shown or specified. It shall be replaced with a new cast iron maintenance hole cover of approximately the same thickness and weight conforming to 206-7. The seating surface shall be machined to permit it to rest tightly against the surface of the frame without "rocking " under vehicular traffic. The cover’s configuration must be such as to mate closely with that of the frame.
500-2.2.2 Adjust Frame and Cover. Structure frames and covers shall be adjusted where shown or specified. This repair consists of removing and replacing the maintenance hole frame and the grade rings. This shall be accomplished by excavating as necessary, lifting off the frame and grade rings as directed, thoroughly cleaning the frame's bottom bearing surface, removing the old mortar from the maintenance hole cone and grade rings, and replacing the existing frame and rings to the new grade as specified for new maintenance holes in 303-9. 500-2.2.3 Replace Frame and Cover. When shown of specified, or when the condition of the frame is satisfactory but a replacement cover meeting the requirements described above is not available, the Contractor shall remove and replace the entire assembly with a new frame and cover in accordance with 201-8 and 303-9.

D-57

Regional Standards
June 30, 2016 (rev. June 30, 2021)
+*
500-2.3 Sealing Maintenance hole Walls. Maintenance hole walls shall be sealed where shown or specified, or as directed by the Engineer. Sealing of the maintenance hole walls shall be accomplished by any of the methods specified in sections 201-10.6.1, including:

Cement-Epoxy Mixtures. Openings, cracks, and deteriorated joints in maintenance hole walls shall be repaired and sealed by utilizing cement-epoxy mixtures manufactured for this purpose, such as those manufactured and/or supplied by Standard Dry Wall Products; Water-Wastewater Products & Systems, Inc.; IPA Systems, Inc.; Stonehard, Inc.; or approved equal.

Chemical Grout. Openings, cracks, and deteriorated joints in maintenance hole walls shall be repaired and sealed using chemical grout and applicable procedures specified for sewer system rehabilitation.

Polyurethane Coatings. Sprayable polyurethane coating shall be used to seal maintenance hole walls. The coating shall be a high-build polyurethane specifically formulated for use in a sewer system environment. The minimum thickness of the dry coating shall be 125 mils.

Modified Polyester/Polymorphic Coatings. Spray-applied modified polyester/polymorphic resin shall be used to seal maintenance hole walls. The coating shall be a two-component, 100% solids system. Prior to applying the prime coat, the maintenance hole surface shall be sandblasted or hydroblasted and properly dried.

Epoxy Coating. Sprayable or brushable epoxy coatings may be used to seal maintenance hole walls. The coating shall be a high-build epoxy, Mainstay DS-5, Sewer Guard 210, or approved equal, specifically formulated for use in the sewer system and applied in accordance with manufacturer's recommendations and guidelines and at 50-125 mils thickness in one or two coats. Prior to coating, the maintenance hole walls shall be thoroughly sandblasted or hydroblasted and cleaned as recommended by the manufacturer to ensure complete coverage and bonding. Openings and cracks larger than 1/8 inch in the maintenance hole walls shall be filled with mortar, Mainstay ML-72 or ML-72F, or approved equal, at one-half to one inch thickness, prior to trimming and applying the epoxy coating.

Fiberglass Liners. Existing maintenance hole walls shall be thoroughly sandblasted and cleaned or primed as recommended by the materials manufacturer to ensure complete coverage and bonding. Openings and cracks larger than 1/8 inch in the maintenance hole walls shall be filled with mortar prior to priming and applying the fiberglass. i) Factory-Manufactured Fiberglass Liners. Maintenance hole liners shall be made of fiberglass reinforced plastic (FRP), having an inside diameter of not less than 42 inches.

Maintenance hole liners shall meet the requirements of ASTM D3753. The liner shall be installed in accordance with manufacturer's recommendations including removal of the existing cone, grouting of the annular space between the liners and existing maintenance hole walls, rebuilding or replacing the cones, backfilling, installing steps, and installing cast iron frames and covers. ii) Field-Fabricated Fiberglass Liners. Maintenance hole liners shall be field-fabricated by applying glass fibers and resin to the maintenance hole walls. The completed lining thickness shall be not less than 1/4 inch at any location.

HDPE Liners. Lining manufacturer shall be GSE "Studliner", GU-International AGRU "Suregrip" or equal. Polymer mortar shall consist of a primer if recommended by the manufacturer and a liquid binder and a dry aggregate mixed together to make a mortar of consistency as required for the application. The mortar shall be designed for application to vertical or overhead surfaces and must be accepted by the lining manufacturer. The liquid binder shall be chemical and oil resistant, stress relieved, low modulus, moisture insensitive, two-component epoxy-resin compound. The consistency shall be similar to lightweight oil for proper mixing with aggregate. Material shall conform to ASTM C881, type 3, Grade 1, Sika Corporation Sikadur 22 Lo-Mod Series or equal. i) HDPE lining, joint strips and angle strips (hereinafter collectively referred to as "lining") shall be made from minimum 97 percent virgin high density polyethylene (HDPE). Color shall be gray.
ii) Lining shall be impermeable to sewage gases and liquids and shall be nonconductive to bacterial or fungal growth. All linings shall be factory checked to ensure freedom from porosity. iii) Lining shall have good impact resistance, shall be flexible, and shall have elongation sufficient to bridge up to ¼ inch settling crack.

D-58

Regional Standards
June 30, 2016 (rev. June 30, 2021)
++
iv) Once cast into the concrete of the maintenance hole wall, lining shall be permanently and physically attached to the concrete by the lining studs and shall not rely on an adhesive bond unless otherwise specified at a specific location.
v) Locking studs shall be made of the same material as the lining and integrally extruded with the sheet. Stud spacing shall be on approximately 1.25-inch centers, such that there are approximately 110 studs per square foot.
vi) Plasticizer shall not be added to the resin formation. vii) Lining shall be free of holes, pinholes, bubbles, blisters, excessive contamination by foreign matter, and nicks and cuts on roll edges.
viii) Adhesive to bond HDPE lining to metal shall be in accordance with the recommendations of the HDPE lining manufacturer.
ix) All work shall be in strict conformity with all applicable specifications, instructions, and recommendations of the lining manufacturer.
x) Prior to shipping lined precast maintenance hole sections and then again after field welding is complete, the lining shall be spark tested in the presence of the Engineer. The spark test shall be done with an approved electrical holiday detector (Turnhert Rasor, model AP-W with power pack or equal) with the instrument set at a minimum of 20,000 volts. Any imperfection shall be repaired in accordance with the manufacturer's recommendations and with the approval of the Engineer.

Cementitious Crystalline Waterproofing. Waterproofing manufacturer shall be Xypex Chemical Corporation, Xypex Concentrate, Modified, Patch'n Plug or equal. Application shall be in accordance with Xypex recommended specifications.
i) For use in new maintenance holes, the Xypex materials Admix C-500, Admix C-1000, Admix C-2000 or equal shall be used.
500-2.4 Remove and Replace Existing Sewer Structure. Where specified or shown, or directed by the Engineer, existing sewer structures shall be removed and new structures built in their place in conformance with the applicable specifications and details. 500-2.5 Testing. After rehabilitation work at each maintenance hole has been completed, the maintenance hole shall be tested for leakage in accordance with 303-9.2. Maintenance holes rehabilitated only from the cover to the top of the cone will not require testing. Replaced lampholes and cleanouts shall be tested for leakage as an integral part of the sewer pipe system.

ADD NEW SUBSECTION 500-5 TO READ:
500-5 ACCEPTANCE TESTING.
500-5.1 General. The Contractor shall perform acceptance tests on all repaired, rehabilitated, or new facilities. Unless otherwise noted, no separate compensation will be paid for testing; the testing cost is to be included in the related pay items. If the work should fail to pass the tests, it is the Contractor's responsibility to correct the work and re-test with no additional compensation.

If, within the warranty period, any section of the sewer system is not acceptable due to subsequent excessive leakage or any other defects, although originally accepted, the Contractor shall repair or replace the affected portion at no cost to the Agency. It is understood that if the Contractor fails to do such work as required, the Surety shall be liable for said costs of repair or replacement.
500-5.2 Leakage Testing. All new sewers and those sewers rehabilitated by pipe expanding and cured-in-place lining methods shall be tested for leakage in accordance with 306-7.8.2.

Sewer mains and building connection sewers in each reach shall be tested for leakage together, as an integral system, except as otherwise specified herein. 500-5.3 Miscellaneous Testing. The Agency, at its discretion, may perform tests to check compliance with the specifications as they pertain to backfill compaction, concrete strength, and other such items where test performance is not specified as the Contractor’s responsibility. The Contractor shall cooperate with the Agency by providing samples, making necessary excavations, and other related services necessary to carry out the testing, at no cost to the Agency. In the event of failed tests, the Contractor shall bear the cost of correction and re-testing.

D-59

Regional Standards
June 30, 2016 (rev. June 30, 2021)
+,
500-5.4 Acceptance. Prior to the Engineer’s final acceptance of the sewer system, the Contractor shall flush and clean all system parts. The Contractor shall remove all accumulated construction debris, rocks, gravel, sand, silt, and other foreign material from the sewer system at or near the closest downstream maintenance hole. If necessary, the Contractor shall use mechanical rodding or bucketing equipment. A collection basket shall be used to capture all debris.

Following completion of the work, including cleaning and testing, the Contractor shall conduct a CCTV inspection of the sewers as specified in 500-1.1.5. The Contractor shall correct all defects discovered by this procedure before the work under the contract will be considered for final acceptance.

D-60

SECTION 33 01 30.61.t

PIPELINE PACKER INJECTION PRE-REHABILITATION GROUTING
6 | Page
© NASSCO, Inc.

NASSCO.org
PART 1 - GENERAL

1.1 DESCRIPTION
A. Packer injection pre-rehabilitation grouting shall be used to reduce the infiltration within the pipeline to OWNER and CONTRACTOR-accepted levels prior to rehabilitation using other methods. Generally, Pipeline Assessment Certification Program (PACP) Infiltration Dripper (ID), Infiltration Runner (IR) and Infiltration Gusher (IG) observations need to be controlled prior to rehabilitation for most trenchless rehabilitation technologies.

B. Packer pre-rehabilitation injection grouting shall be accomplished by pressure injection of chemical grout into the soils outside the pipe. Grouts shall be designed to be injected into the pipe joint and soil surrounding the pipe to seal out groundwater until rehabilitation can be completed. This application will be through joints and penetrations from within the pipe (packer method) and through certain defects in the pipe wall in tandem with a closed-circuit television inspection system.

C. The various pipeline component items subject to these test and seal methods include:

1. Main Line Joint (MLJ) - joints in mainline segment connected to a manhole at each end.

MLJ is defined by the “J” or Joint field in the Pipeline Assessment Certification Program (PACP) Details Section inspection form.

2. Lateral Tap Connection (LTC) – Tap connection of lateral to mainline sewer, including a defined length of lateral from the tap and any annular space that might be present between a liner and the host pipe in situations where the main line has been lined. LTC is defined within the Tap group of PACP. Appropriate descriptors and modifiers need to be applied per PACP definitions to further define the asset. The Manhole Assessment Certification Program (MACP) and Lateral Assessment Certification Program (LACP) define Tap differently than PACP. Consult a certified PACP/MACP/LACP user for information on providing the appropriate observation code for these applications.

3. Cured in Place Pipe Liner Annular Space Tap (AST) – Annular space opening at tap cut between liner and host pipe in situations where the main line has been lined. AST is defined within the Tap group of PACP. Appropriate descriptors need to be applied per PACP definitions to further define the asset. MACP and LACP define Tap differently than PACP. Consult a certified PACP/MACP/LACP user for information on providing the appropriate observation code for these applications.

4. Laterals Connected to Manholes (LCM) – Lateral pipe directly connected to and reached from manhole. LCM is defined within MACP. Consult a certified PACP/MACP/LACP user for information on providing the appropriate observation code for these applications.

5. Outside Drop Connections (ODC)1 – Drop pipes connected to mainline sewer and manhole including a defined length of drop pipe from the main. ODC is defined within PACP as 1 D-61

ATTACHMENT F
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

PIPELINE PACKER INJECTION PRE-REHABILITATION GROUTING
7 | Page
© NASSCO, Inc.

NASSCO.org
Access Point observations. Appropriate descriptors and modifiers need to be applied per PACP definitions to further define the asset. MACP defines this observation differently.

Consult a certified PACP/MACP user for information on providing the appropriate observation code for these applications.

6. Lateral Accessed from Cleanout (LACO)2 – Lateral pipe reached through a cleanout. LACO is defined within LACP as an Access Point observation. Appropriate descriptors and modifiers need to be applied per LACP definitions to further define the asset. Consult a certified PACP/MACP user for information on providing the appropriate observation code for these applications.

7. Longitudinal Fracture Defects (LFD)3 – Longitudinal or multiple fractures and crack within a pipe. LFD is defined within PACP/ LACP as a Structural observation. Appropriate descriptors and modifiers need to be applied to the observation to further define the asset. Consult a certified PACP/LACP user for information on providing the appropriate observation code for these applications.

D. Provide all labor, materials, tools, equipment and incidentals as shown, specified, and required for testing sewer pipe joints, taps, lateral pipe joints, and other features by hydraulically applying a positive pressure to the joints and monitoring the pressure in the void. The test medium shall be air.

E. Provide all labor, materials, tools, equipment, and incidentals as shown, specified, and required to grout mainline pipe joints, select defects in pipe body, joints in laterals connected to manholes, lateral tap connections, manhole outside drop connections, and lateral joints accessed through cleanouts using solution grouts using various packer injection grouting methods and tools.

1.2 REQUIREMENTS
A. Contract requires work in active sewers. Follow all federal, state, and local requirements for safety in confined spaces.

B. Conduct worker safety training within one year of start of work that includes reviewing the hazards associated with hoses, pumps, tanks, couplers, compressors, bottles, motors, and all other related application apparatus. Additional safety considerations including safely handling, mixing, and transporting of chemical grouts should be provided by the grout manufacturer/supplier, and should include safe operating practices and procedures, appropriate personal protective equipment (PPE) for the various grouting operations, and proper storage, transportation, mixing, and disposal of grouts, additives, and their associated containers.
2 D-62
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

PIPELINE PACKER INJECTION PRE-REHABILITATION GROUTING
8 | Page
© NASSCO, Inc.

NASSCO.org

1.3 RELATED SECTIONS4
A. Section 33 01 30.16, Television Inspection of Sewers.

B. Section 33 01 30.41, Cleaning of Sewers.

C. Section 33 01 30.43, Removal of Protruding Service Connections.

D. Section 33 01 72, Cured in Place Pipe Lining.

E. Section 33 01 72u, Cured in Place Pipe Lining – UV.

F. Section 33 01 72.v, Spiral Wound PVC Panel Pipe Lining.

1.4 QUALIFICATIONS (TO BE DETERMINED BY ENGINEER)

1.5 SUBMITTALS
A. Documentation of grouting safety training of all field staff.

B. Equipment operating procedures and systems.

C. Grout information:

1. Third party testing grout component chemical composition, including primary chemical percentages.

2. Grout mixture ratio (including additives).

3. Procedure for adjusting grout gel time during initial preparation.

4. Procedures for adjusting grout gel time as temperature changes.

5. Curves of grout gel time versus temperature.

6. Instructions for addition of components.

7. Safety Data Sheets.

D. Equipment operating procedures and systems to be used, including manufacturer’s literature on grout pumps (including pump curve demonstrating compliance with required pumping rates), operating pressures, packers, skins, packer mounted gauges, pressure readings on screen, and lateral blockage clearing equipment.

E. Packer to pipe void volume between the packers and host pipe and maximum packer end element inflation pressure when new.

F. Documentation of Joint Testing Observations in accordance with Section 33 01 30.16, Television Inspection of Sewers or in accordance with Grout and Seal codes and reporting per 3 See page 16 for contractor qualifications.

D-63
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

PIPELINE PACKER INJECTION PRE-REHABILITATION GROUTING
9 | Page
© NASSCO, Inc.

NASSCO.org
PACP Manual, latest version is a Television Inspection of Sewers specification is not included in the project manual..

G. List and corresponding digital images, in accordance with Paragraph 3.3, of lateral taps containing roots or other obstructive conditions.

H. Upon completion of grouting each segment, submit to ENGINEER a report showing the following data for each item tested, grouted or attempted to be grouted.

1. Location of the pipeline segment/lateral address in which the testing was done.

2. Stationing.

3. Location of any items not tested and the reason for not testing.

4. Time, date, and temperature.

5. Grout mixture formulation, including additives.

6. End seal pipe-packer contact pressure and seal pressure.

7. Test pressure achieved and the duration of test maintained for each item passing the air test.

8. End-of-hoses pump rates.

9. In situ packer pumping rate

10. Gel time(s) from cup testing.

11. Quantity of grout used to seal each item.

12. Step grouting practice, including pump on and off cycle times and volumes, if applicable.

13. Post-grout pressure test results.

14. Regrouting and retesting giving above data as required.

15. Video recording cross-reference index.

I. Documentation of Post-Construction Inspection in accordance with Section 33 01 30.16, Television Inspection of Sewers or in accordance with Grout and Seal codes and reporting per PACP Manual, latest version is a Television Inspection of Sewers specification is not included in the project manual.

1.6 REFERENCE STANDARDS5
A. National Association of Sewer Service Companies (NASSCO) prepared Pipeline Assessment and Certification Program (PACP) Reference Manual, latest version. 4 D-64
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

PIPELINE PACKER INJECTION PRE-REHABILITATION GROUTING
10 | Page
© NASSCO, Inc.

NASSCO.org
PART 2 - PRODUCTS

2.1 TESTING EQUIPMENT& GROUTING EQUIPMENT
A. The basic equipment shall consist of a remotely operated television camera capable of pan and tilt, testing and grouting devices (referred to hereafter as packers), grout preparation tanks (Tank A –Base Chemical and Additives and Tank B – Oxidizer Only) and monitoring equipment. The equipment shall be constructed in such a way as to provide means for introducing air under pressure into the void area created by the expanded ends of the packer and a means for continuously measuring the actual static pressure of the test medium and grout within the void area only. Packers shall be expanded by air pressure.

B. All packers shall be fitted with a void pressure sensor (either a transducer or gauge) mounted on the packer. If using a void gauge as the pressure sensor, the maximum top range shall be 15 psi and readable using the television camera. There can be no check valve between the void space and the pressure sensor. Packer void pressure shall be shown either on-screen or captured on-video. The air test gauge in the control panel in the studio may not be used for air testing or post-grouting pressure confirmation because the length of hose and the presence of check valves renders this technique unreliable and inaccurate at pressures below 12 psi.

C. Grout control panel shall have gauges for monitoring packer element pressure. Packer element pressure gauges shall have a range of 0-60 psi.

D. LTC and AST packers shall consist of inflatable mainline end elements and a lateral grouting sock and plug that creates a void area extending beyond the tap or drop connection.

Whenever possible, use a lateral sock sized to match the diameter of the lateral being grouted. Effective sealing length shall be6 __ feet, unless required by transition or pipe configuration less than this, otherwise indicated on the plans, or as directed by ENGINEER.

Where the lateral or drop is capped, utilize alternate lateral grouting plug or equipment sized appropriately for the capped lateral. If the lateral transitions from 6” to 4” in diameter within the view of the mainline camera and less than 2 feet from the tap, use a 4” lateral grouting plug. Maintain a variety of lengths of lateral grouting plugs and adjust length of lateral grout plug as required.

E. LCM, LACO, ODC, and LFD packers shall consist of a flexible push-pull-type packer. LCM, LACO, and LFD packers shall be sized for the diameter and pipe joint spacing found in the field, have void spaces commensurate with their duty, and be acceptable to the ENGINEER. The packer shall be able to test the items specified and be able to negotiate fittings associated with the pipe construction. If the lateral contains a transition, CONTRACTOR may change out diameters of push packer or grout using a smaller diameter packer but no relief for excess residual grout will be provided nor payment for the extra wasted grout. 5 D-65
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

PIPELINE PACKER INJECTION PRE-REHABILITATION GROUTING
11 | Page
© NASSCO, Inc.

NASSCO.org
F. Packers operating in concrete, iron, or steel pipe shall obtain air tight seals against surfaces characterized as PACP SAV and as PACP SAP with protrusion less than7 3/32” using proper packer diameter as determined against actual pipe diameter so long the pipe maintains a near circular geometry using either special skins or by grouting the packer in place. Pipes with mushroom shapes due to chemical attack or invert loss due to erosion are generally not sealable with remote packers.

G. Grouting equipment shall consist of the packer, hoses, and pumping systems capable of supplying an uninterrupted flow of sealing materials to completely fill the voids H. A tiger tail, boot, or downhole roller, manhole frame roller, and truck step grid plate or pavement tail or slide are required to protect hoses from chafing.

I. Equipment for cleaning lateral blockages shall be present on-site while any grouting work is being conducted.

2.2 GROUTS - GENERAL
A. All grout materials must have the following characteristics:

1. While being injected, the grout must be able to react /perform in the presence of water (groundwater).

2. The ability to increase grout mix viscosity, density, and gel strength by increased concentration of constituents or the use of approved additives.

3. The cured grout must withstand submergence in water without degradation.

4. The resultant grout formation must be homogeneous and prevent the passage of water (infiltration) through the pipe joint.

5. The cured grout should be chemically stable and resistant to organics found in sewage.

6. Residual grout shall be easily removable from the sewer line to prevent blockage of the sewage flow.

7. Cause no upset of treatment or pumping system downstream of the grouting location.

B. Handle, mix, and store grout in accordance with the manufacturer’s recommendations. The materials shall be delivered to the site in unopened original manufacturer’s containers.

C. Provide appropriate protective measures to ensure that the grout components and the chemicals produced in mixing are under the control of the CONTRACTOR always and are not available to unauthorized personnel.

D. All grout materials used shall meet the following minimum application requirements:

1. All component materials shall be transportable by common carriers. 6 D-66
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

PIPELINE PACKER INJECTION PRE-REHABILITATION GROUTING
12 | Page
© NASSCO, Inc.

NASSCO.org

2. Packing of component materials shall be compatible with field storage requirements.

3. Grout components shall be packed in such a fashion as to provide for maximum worker safety when handling the materials and minimize spillage when preparing for use.

4. Gel initiation shall take place at the point of injection/repair.

5. Cleanup shall be done in accordance with the manufacturer recommendations.

2.3 CHEMICAL GROUTS
A. Acrylamide based grout shall have the following characteristics:

1. A minimum of 10% acrylamide base material by weight in the total grout mix. A higher concentration of acrylamide base material is recommended where needed to offset dilution during injection.

2. The ability to tolerate some dilution and react in moving water during injection.

3. A viscosity of approximately 2 centipoises, which can be increased with approved additives.

4. A controllable reaction time from 10 seconds to 2 minutes.

5. A reaction (curing) that produces a homogenous, chemically stable, nonbiodegradable, firm, flexible gel.

6. The ability to increase mix viscosity, density, and gel strength by increased concentrations of the mix constituents or by the use of approved additives.

B. Acrylate base grout shall have the following characteristics:

1. A minimum of 10% acrylate base material by weight in the total grout mix.

2. The ability to tolerate some dilution and react in moving water during injection.

3. A viscosity of approximately 1-3 centipoise, which can be increased with approved additives.

4. A controllable reaction time from 10 seconds to 2 minutes.

5. A reaction (curing) that produces a homogenous, chemically stable, nonbiodegradable, firm, flexible gel.

6. The ability to increase mix viscosity, density, and gel strength by the use of approved additives.

2.4 ADDITIVES
7 D-67
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

NASSCO.org
A. At the CONTRACTOR'S discretion and according to field conditions, additives may be selected and used within the manufacturers recommended quantities.

B. Gel Time Modifier - A gel time extending agent may be used in accordance with the manufacturer’s recommendations to extend gel time as necessary.

PART 3 - EXECUTION

3.1 CONTROL TESTS
A. Packer Tests - Demonstrate the acceptable performance of packers in the presence of the ENGINEER by conducting demonstration tests.

1. Conduct this test weekly. For pipe less than or equal to 18 inches in diameter, provide a straight pipe of appropriate diameters and ovality and sufficient length to test MLJ, LTC, LACO, LFD, and LCM packers of appropriate. The test cylinder shall be equipped with a void release valve to exercise a controlled release of pressurized air to test the packer under both sound and leaking conditions. The test cylinder shall also be equipped with both a local pressure gauge (0-30 psi) and a connection to the packer test control center/studio; these shall both indicate the pressure in the packer void space. a. With release valve sealed, inflate packer until it contacts the pipe; record this packerpipe contact pressure. Inflated packer to 15 psi greater than the packer-pipe contact pressure. Generate a void pressure of 10 psi. The equipment shall hold at this test pressure for a period of 60 seconds with a pressure drop of less than 1 psi. b. If above test is passed, crack the release to simulate a very small leak. After ~20 seconds, seal the release and confirm that a pressure drop has occurred and that the local gauge is within ±1.0 psi of the reading in the control center/studio.

2. Conduct this test every segment for MLJ and LTC packers, and every 5th lateral for LCM and LACO packers. After entering each pipeline segment with the MLJ and LTC packer, but prior to the commencement of testing, position the packer on a section of sound sewer pipe between pipe joints, and perform a test. The equipment shall hold a 10-psi test pressure for a period of 30 seconds with a pressure drop of less than 1 psi. In the event of a failed test, repair any defective equipment and re-test to verify proper operation of all equipment at no additional compensation. Should it be found that the barrel of the sewer pipe will not allow valid in situ barrel test requirements due to corrosion or other barrel defects, then the performance testing shall be waived or modified as determined by the ENGINEER. LFD packers do not need to do this test.

3. If air testing equipment cannot be performed successfully, repair or otherwise modify air test equipment and repeat the tests until the results are satisfactory to the ENGINEER. 8 D-68
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

NASSCO.org
The in-situ barrel test may be required at any other time during the performance of testing work if the ENGINEER suspects the testing equipment is not functioning properly.

B. Pump Tests

1. At the start of the job and once monthly or every 1000 gallons of grout pumped, whichever is more frequent, pump grout in uninterrupted flow for full 5 minutes to demonstrate the pumping system can operated continuously at a minimum 3 gpm rate and deliver a minimum of 9 gallons within 3 minutes.

2. At the beginning of each day prior to application of grout, perform a pump test to determine if equal ratios are being pumped from the grout component tanks at the proper rates and to measure pump rates. Pump 1 gallon of grout from each tank into two separate volumetric measuring containers. Take corrective action if unequal quantities are being pumped. Repeat the pump test until equal quantities are pumped from the grout tanks. Record the amount of time required to pump the two gallons and, when using air pumps, count the pump strokes to confirm the number of pump strokes required to achieve the delivery rate.

C. In situ Pumping Capacity Tests – Once inside the pipe and pumping grout through the packer into the first defect of the segment, record the in-situ pumping rate delivered, and modify the grout gel time as appropriate. Check in situ pumping rate each time the packer is reconnected to the hoses.

D. Grout Gel Time Tests - Perform a grout gel test in the presence of the ENGINEER to determine the grout mixture gel time. If packer is not in the pipe, recycle into the respective tanks or properly dispose any grout remaining in the hoses. Run mixers for a minimum of 1 minute, then allow entrained air to release from the grout tanks a minimum of 5 minutes before collecting grout samples in disposable cups. Ensure equal portions of Tank A and Tank B are collected prior to mixing. If foam is present on surface of tank, collect sample from below the foam. Determine gel time by taking cup samples from each tank:

1. Prior to grouting each day.

2. Prior to grouting when a different gel time is required.

3. When new batches of grout are mixed.

4. When the temperature of the solutions in either of the tanks have changed by more than 5°F from the previous gel test.

3.2 PIPE PREPARATION
A. Prior to the application of the chemical grouting materials, inspect the sewer designated to receive the chemical grouting to confirm it is ready for testing and sealing. 9 D-69
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

NASSCO.org

3.3 GENERAL PRE-TEST AND GROUT REQUIREMENTS
A. For any segment, LTC, LCM, LFD, or LACO that CONTRACTOR, OWNER, or ENGINEER believes has issues compromising the ability to cost-effectively grout or achieve the project’s longevity effectiveness goals, ENGINEER will review the Pre-Construction Inspection and direct CONTRACTOR as to which MLJs, LTCs, ODCs, LCMs, LFDs, and LACOs are to be (a) tested and grouted without further cleaning, (b) plugged, (c) otherwise repaired, (d) additionally cleaned, or (e) to receive no further rehabilitation.

B. Confirm the inside diameter of the mainline and lateral pipes to be tested and apply the appropriate packer.

C. Confirm with ENGINEER the length of sock to be used for LTCs and ASTs.

D. Confirm with ENGINEER where LFDs are to be conducted and what length LFD to utilize.

E. Confirm with ENGINEER what packer end element pressure to utilize for MLJ work where defects originate at joints.

F. Confirm with ENGINEER what root removal must be achieved prior to grouting.

G. Confirm the inside diameter of the mainline and lateral pipes to be tested and apply the appropriate packer.

H. During testing and sealing, provide sewer flow control to provide unimpeded view of the packer.

I. Perform testing and grouting only in the presence of or with the knowledge and concurrence of the ENGINEER. Modify grouting procedures only at the concurrence of ENGINEER.

J. Record the testing procedure and grouting in accordance with Section 33 01 30.16, Television Inspection of Sewers. The recording shall show the location of the item and the test pressure in subtitles. Grouting and testing shall be incorporated on the same recording. Specifically note all defects and taps and ensure footage counter is accurate throughout testing and grouting.

3.4 GROUT PREPARATION
A. Follow the manufacturer’s recommendations for the mixing and safety procedures.

B. Add gel time extending agent or cool the grout component tanks and/or hoses as necessary to compensate for changes in temperature in grout component tanks or hoses resulting from changes in ambient conditions. The addition of dilution water to extend gel times is only acceptable using the B (non-grout) tank so that the resulting grout still achieves minimum base material concentrations.
10 D-70
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

NASSCO.org
C. During the grouting process, the Grouting Technician shall monitor the grout component tanks to make sure that proper ratios are being pumped. If unequal levels are noted in the tanks, repeat the pump test as described above and correct any defective equipment.

D. Gel times shall be calculated using the following formula unless field conditions dictate otherwise. Any alterations of the gel time formula shall be approved by the ENGINEER. 20sec( 5/ sec) 1min
60sec
)(
ker/ )( ¸ ¹
· ¨
©
§
¸
¸
¹
·
¨
¨
©
§ Pumping Rate gpm
Volume of Pipe Pac Void Space gal Gel Time
Packer/Pipe void shall be defined as the volume between the inflated packer and the inside pipe wall when the packer is inflated per manufacturer recommendations.

For example: an 8” pipe with a packer void space of 0.3 gallons and a 3 gpm pumping rate would provide

3.5 TESTING AND GROUTING DEFECTS
A. Testing and grouting will not be required on pipe exhibiting the following conditions or characteristics. Provide ENGINEER with digital image and intention not to grout any such defect.

1. Longitudinal, spiral, or multiple fractures, as classified by PACP, unless specifically shown or specified or directed by ENGINEER to be grouted via LFD grouting.8

2. Broken or partially collapsed pipe, as classified by PACP.

3. Sections of the pipe without defects between joints.

4. Any section of pipe that is scheduled for replacement or other work involving excavation or new connections.

5. Any sections of pipe or joints that are in such poor structural condition that in the judgment of ENGINEER or CONTRACTOR, significant structural damage of the pipe would occur as a result of the pressure test.

B. Attempt to test and, if needed and possible, grout any joint separated less than 1-inch or any angular or offset joint.
11 D-71
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

NASSCO.org
C. Do not test, but do grout, all circumferential cracks and fractures, visibly leaking joints, and joint with visible defects.

D. Grout all LFDs or other defects as specified or as directed by ENGINEER.

E. Do not test or grout any other pipe defects unless so specified or shown or directed by ENGINEER to do so.

F. Any visually structurally undamaged joint that structurally cracks, fractures, breaks, or collapses during testing and grouting that are documented on video to have been done under normal pressure conditions shall be the OWNER’s responsibility and cost to repair. Promptly repair any other sewer damage resulting from the CONTRACTOR’s operations at no additional compensation.

G. Any visually structurally defective joint that collapses during low pressure MLJ grouting that are documented on video to have been done under proper low pressure grouting conditions shall be the OWNER’s responsibility and cost to repair. Promptly repair any other sewer damage resulting from the CONTRACTOR’s operations at no additional compensation.

H. Test and seal manhole outside drop connection joints using a push packer appropriately sized for diameter and length of outside drop pipe. Test and seal as much of the outside drop connection from the main to the manhole as practical using ODC packer.

I. Position packers over joints or defects by means of a closed-circuit television camera in the line.

J. For each joint/lateral/defect tested/grouted, record exact location and volume of grout placed.

K. For each segment or lateral, record ambient temperature, grout tank temperature, gel set test time, and packer inflation pressure.

L. Specifically identify each tap and break location on the grout report to aid in properly locating joints during warranty testing.

3.6 JOINT TESTING PROCEDURES
A. Joint testing pressure shall be equal to 0.5 psi per vertical foot of pipe depth plus 3 psi; however, test pressure shall not exceed 12 psi without the approval of the ENGINEER. Control test equipment to ensure the specified test pressure is not exceeded by more than 2 psi.

1. If void pressure gauge is not working or not visible/readable and less than 1/3rd the remaining items to test remain, CONTRACTOR may complete segment using panel gauge, but test pressures shall be increased by 5 psi and test time by 5 seconds (to overcome the check valves and regulators in the plumbing). No additional work may be conducted beyond this until the void pressure gauge is working properly. 12 D-72
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

NASSCO.org
B. Test joints on LCMs to a location9 ## feet up the lateral or to the cleanout, whichever comes first. If there is a transition in the laterals connected to manholes, test the transition. Direct visual observation and measured cable lengths shall be used to position the lateral packer for laterals directly connected to manholes.

C. Do not test joints with visible longitudinal, spiral, or multiple fractures or cracks or where the packer cannot be seated because of tap connection. Note reason for not testing on the log.

D. Individually test each MLJ, LACO, ODC, and LCM joints at the above-specified pressure (and retest after sealing) in accordance with the following procedure:

1. The packer shall be positioned within the pipe in such a manner as to straddle the joint to be tested. If uncertain, pump small amount of grout to confirm the void space is properly located (spitting) before inflating the packer.

2. The packer ends shall be expanded to isolate the joint from the remainder of the pipe and create a void area between the packer and the pipe joint. The ends of the testing device shall be expanded against the pipe with sufficient inflation pressure to contain the air within the void without leakage past the expanded ends. Record end seal pipe-packer contact pressure and seal pressure used.
a. Packer end seal pressures for visually sound VCP shall not be greater than 15 psi more than the required packer-pipe contact pressure.
b. Packer end seal pressures for VCP with joint defects shall use low pressure MLJ techniques such that the end element pressures shall not be greater than 8 psi more than the required packer-pipe contact pressure.
c. For rough surface pipe such as corroded concrete pipe10, use grout to seal the leaks around the packer end if airtight seal cannot be achieved. Gel time may be reduced to half the normally specified time under these circumstances with the approval of ENGINEER. The CONTRACTOR shall be paid the unit price for grout to seal the packer unless ENGINEER determines that the sewer was inadequately cleaned, or the packer is not performing properly but will not be paid the unit price for joint grouting for this activity.

E. Upon completing the testing of each individual joint, the packer shall be deflated with the void pressure meter continuing to display void pressure. Should the void pressure meter fail to drop to +/- 1 psi, clean the test equipment of residual grout material or make the necessary equipment repairs to provide for an accurate void pressure reading.

3.7 LTC TESTING PROCEDURE
13 D-73
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

NASSCO.org
A. Lateral connection joint testing pressure shall be equal to 0.5 psi per vertical foot of pipe depth plus 3 psi; however, test pressure shall not exceed 10 psi nor lower than 6 psi without approval of the ENGINEER.

B. Air testing LTCs shall be accomplished by isolating the area to be tested with the packer and by applying positive pressure into the isolated void area. A pan and tilt camera shall be used to position the lateral packer. The bladder shall be inverted from the mainline assembly into the lateral pipe and inflated. The mainline elements shall then be inflated to isolate the lateral connection and the portion of the lateral to be tested. A sensing unit shall be located within the void area and will accurately and continuously transmit void pressure readout to the control panel or pressure gauge viewable with CCTV camera.

C. The test procedure will consist of applying air pressure into each isolated void area. A sensing unit shall be located within the void area and will accurately transmit continuous pressure readout to the control panel. Air shall then be slowly introduced into the void area until a pressure equal to the required test pressure is observed on the pressure monitoring equipment.

D. After the void pressure is observed to be equal to or greater than the required test pressure, the air flow shall be stopped. If the void pressure decays by more than 1.0 psi within 20 seconds, the LTC will have failed the test and shall be sealed. If the void is over pressurized and the void pressure decays, the 20 second period shall begin once the test pressure is achieved.

E. After completing the air test for each individual LTC specified herein, deflate the packer, with the void pressure meter continuing to display void pressure. If the void pressure does not drop to ±1 psi, clean the test equipment of residual grout material or make the necessary equipment adjustments to provide for an accurate void pressure reading.

F. For laterals capped less than two feet from the main, CONTRACTOR may use a mainline packer to test the lateral tap.

G. Length of lateral to be tested shall be as shown or indicated.

3.8 GROUTING
A. Grout all MLJ, LTC, LCM and LACO joints that failed the pressure test, that are visibly leaking at a rate classified as ID (dripper) or greater by PACP, or that have fracture, crack, or chipped joint defects originating at the joint and terminating within 8 inches of the joint by the packer injection method. Grout all LFDs or other pipe defects specified or directed without testing.

Generally, this shall be accomplished by forcing grout through a system of pumps and hoses into and through the joints of the sewer from the packer within the sewer pipe. Jetting or driving pipes from the surface shall not be allowed.
14 D-74
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

NASSCO.org
B. When grouting VCP joints with defects originating at the joint, use a low pressure technique whereby the end elements are inflated to only 7 psi above pipe-packer contact pressure.

C. After each time pumping grout at one of the above items, if the void space pressure drops faster than the allowable rate at the defined target test pressures, then continue pumping grout in accordance with these procedures. If the void space pressure does not drop, deflate the packer, purge air test line/valve, then reinflate and retest at target test pressure.

D. When using grout to seat the packer, retest as above except do not deflate the packer first.

E. If the item fails this air test, repeat the grouting procedure at no additional cost to OWNER.

Repeat this sequence of air testing, grouting, and subsequent air testing until either the item is sealed or it is determined that the grout consumption is too high. The final determination to stop subsequent attempts to seal an item will be made jointly between OWNER and CONTRACTOR.

F. Remove excess grout from pipe and laterals. Excess grout shall be defined as a thickness of grout that given its location, size and geometry, could cause a blockage. Flush or push forward to the next downstream manhole, remove from the sewer system, and properly dispose of excess grout.

3.9 DOCUMENTATION
A. Record grouting in conjunction with the testing. Record the void pressure drop continuously on video and in writing immediately before sealing, and immediately after grouting. After the packer is deflated and moved, record on video the visual inspection of the joint.

3.10 POST-CONSTRUCTION INSPECTION
A. Conduct Post-Construction Inspection of all pipe, taps, and laterals tested and/or grouted in accordance with Section 33 01 30.16, Television Inspection of Sewers. Remove from the pipe wall and bottom any excess grout. Collect and remove from the sewer all excess grout removed from the pipe wall.11

PART 4 - MEASUREMENT AND PAYMENT

15 D-75
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

NASSCO.org

4.1 DESCRIPTION
A. The items listed below beginning with Article 4.4, refer to and are the same pay items listed in the Schedule of Prices. They constitute all of the pay items for the completion of the Work. No direct or separate payment will be made for providing miscellaneous temporary or accessory services, including all other items not specifically named in specific bid item descriptions but which are needed for the prosecution of the Work and to meet all other requirements of the Agreement. Compensation for all such services, things and materials shall be included in the prices stipulated for the pay items listed herein.

B. Each lump sum and unit bid price will be deemed to include an amount considered by Contractor to be adequate to cover Contractor’s overhead and profit for each separately identified item.

C. The Contractor shall receive and accept the compensation provided in the Schedule of Prices and the Contract as full payment for furnishing all materials, labor, tools, and equipment for performing all operations necessary to complete the Work under the Contract, and also in full payment for all loss or damages arising from the nature of the Work, or from any discrepancy between the actual quantities of Work and quantities herein estimated by the OWNER.

D. The prices stated in the Schedule of Prices include all costs and expenses for taxes, labor, equipment, materials, commissions, transportation charges and expenses, patent fees and royalties, labor for handling materials during inspection, together with any and all other costs and expenses for performing and completing the Work as shown on the Drawings and specified herein. The basis of payment for an item shown in the Schedule of Prices shall be in accordance with the description of that item in this Section.

E. The Contractor’s attention is called to the fact that the unit prices for the various items of Work are intended to establish a total price for completing the Work in its entirety. Should the Contractor feel that the cost for any item of Work has not been defined by a Schedule of Prices payment item, he shall include the cost for that Work in some other applicable Bid Item, so that his Proposal for the project reflects his total price for completing the Work in its entirety.

F. Unless specifically included in a Bid Item, the cost of dewatering, safety, regulatory compliance, normal bypass pumping, maintenance of traffic, restoration, environmental protection including construction entrances, inspections, testing, and other work not specified but required to complete the Work as specified will not be separately paid for but shall be considered as incidental to other Bid Items and included in the prices bid for them.

G. As noted in the individual Specifications, payment for certain Items may be reducd in lieu of required remedial efforts if defects in the Work are observed or if the Work fails to pass the required performance criteria.
16 B. LFD work shall be supervised by a foreman having the following qualifications in addition to those listed in paragraph A above. A foreman is required for each LFD crew. Foreman qualifications are:

1. Previously performed pressure testing and chemical grout sealing of a minimum of 15 LFDs.14

2. Successfully completed safety training recommended by grout material and grout equipment suppliers.

3. Successfully completed a 16 hour minimum pipeline packer capital grouting field training conducted by a multi-vendor consortium of packer, rig, and grout material vendors.

A. All MLJ work shall be supervised by a technician. A technician is required for each crew. Technician qualifications shall include:

1. Previously performed pressure testing and injection grout sealing of a minimum of 3,000 MLJs and 250 LTC/ASTs.12

2. Successfully completed safety training recommended by grout material and grout equipment suppliers.

3. Successfully completed a 16 hour minimum pipeline packer capital grouting field training conducted by a multi-vendor consortium of packer, rig, and grout material vendors.

1.4 QUALIFICATIONS
D-76
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

NASSCO.org
End Notes / Notes to Specifier:

1. ODC grouting is a developing approach. It requires special equipment and process knowledge to reliably execute.

2. LACO grouting is a specialized approach. It requires special equipment and process knowledge to reliably execute.

3. LFD grouting is a specialized approach. It requires special equipment and process knowledge to reliably execute.

4. While there are currently no NASSCO master spec format guidance specifications for these, NASSCO specification do exist to support this work. The requirements for these activities should be included in any project specification for grouting, especially CCTV and cleaning. Add other sections as needed to complete the work.

This example uses Master Format numbering specifications as examples only. References to this made throughout this specification are indictive of places where these cross-referenced requirements should be included in an actual project manual.

5. ASTMs are not reference here as they are not referenced anywhere in the spec. This is standard spec writing protocol.

6. Establish length based on project objectives, site conditions, and tap configuration. Standard lengths are 4’-8’. Pricing increases significantly with risk to 12’. After 12’, you are doing ultralong LTC (up to 30’), which dramatically increases cleaning and grouting risks, and therefore costs. If cleanout exist, it is generally more cost effective to do a 4’-6’ LTC and then LACO from cleanout back to the main.

ICGC to develop recommendations on risk vs. length of LTCs

7. Check with manufacturer’s latest packer capabilities.

8. LFD grouting requires special equipment and process knowledge to reliably execute.

9. To be set by ENGINEER

10. Typically, SAP coded pipe can be test and sealed. Typical packers can usually seal with surface projections less than 3/32nd”.
17 D-77
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

NASSCO.org

11. Include only if Owner wants a completely unobstructed view of the pipe after rehab.

12. Consider if each of these items warrants a break out bid item to cover either off road or significant highway control where there is a mix of access obstacles that markedly changes the cost of the work.

13. Contractors may attempt penny this line item in favor of loading their pricing into the more knowable quantity of testing. When they do this, it becomes a disincentive to grouting and to grouting properly. A minimum price ensures disincentives to pumping grout are removed by ensuring there is a reasonable revenue attached to this time-consuming work. In reality, grouting costs ~3x as much as testing.

Suggested pricing for this item is $15 per joint for 8” pipes.

14. Contractors may attempt penny this line item in favor of loading their pricing into the more knowable quantity of testing. When they do this, it becomes a disincentive to grouting and to grouting properly. A minimum price ensures disincentives to pumping grout are removed by ensuring there is a reasonable revenue attached to this time-consuming work. In reality, grouting costs ~3x as much as testing.

Suggested pricing for this item is $10 per joint for 8” pipes.

15. Contractors may attempt to penny this line item in favor of loading their pricing into the more knowable quantity of testing. When they do this, it becomes a disincentive to grouting and to grouting properly. A minimum price ensures disincentives to pumping grout are removed by ensuring there is a reasonable revenue attached to this time-consuming work. In reality, grouting costs ~3x as much as testing.

Suggested pricing for this item is $125 per tap for 8’ sock.

16. Contractors may attempt to penny this line item in favor of loading their pricing into the more knowable quantity of testing. When they do this, it becomes a disincentive to grouting and to grouting properly. A minimum price ensures disincentives to pumping grout are removed by ensuring there is a reasonable revenue attached to this time-consuming work. In reality, grouting costs ~3x as much as testing.

Suggested pricing for this item is $102 per joint.

17. Contractors may attempt to penny this line item and underuse grout typical of Maintenance Grouting techniques. A fixed price set 20% above the cost of materials, labor, and waste ensures this item is a money maker for the contractor and incentivizes the use of grout, which is the biggest contributor to long-term sealing and stability of the pipe.

Suggested pricing for this item is $10 per gallon.
18 D-78
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

SECTION 33 01 30.61.t

NASSCO.org

18. This figure should vary based on the size of the project and if it is bonded or not. If bonded, then use the 50% paid over the first two progress payment requests. If the work is unbonded and there is a 5-10% retainage, make the dollar amount equal to the first 25% of the work to ensure contractor does the work. If the work is unbonded and there is no retainage, consider eliminating Mobilization altogether and making contractor’s mobilization costs part of his unit prices (probably will be reflected in his Clean and CCTV prices).
19 D-79
,1&25325$7('

3DUN$YHQXH(PHU\YLOOH&$

W

_I

Amendment A to the Standard Specifications for
Public Works Construction

ATTACHMENT G
D-80

D-81

D-82

D-83

D-84

D-85

D-86

D-87

D-88

D-89

D-90

D-91

D-92

D-93

D-94

D-95

D-96

D-97

D-98

D-99

D-100

D-101

D-102

D-103

D-104

D-105

D-106

D-107

D-108

D-109

D-110

D-111

D-112

D-113

D-114

D-115

D-116

D-117

D-118

D-119

D-120

D-121

D-122

D-123

D-124

D-125

D-126

D-127

D-128

D-129

D-130

D-131

D-132

D-133

D-134

D-135

D-136

D-137

D-138

D-139

D-140

D-141

D-142

D-143

D-144

D-145

D-146

D-147

D-148

D-149

D-150

D-151

D-152

D-153

D-154

D-155

D-156

D-157

D-158

D-159

D-160

D-161

D-162

D-163

D-164

D-165

D-166

D-167

CALIFORNIA
REV 08/2020 Page 1 of 5

EXHIBIT B
Contract Insurance Requirements
As used in this Exhibit B, Contractor refers to CORCUS CONSTRUCTION INC.

1. MINIMUM REQUIREMENTS
Contractor shall, at its expense, procure and maintain for the duration of the Contract insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the Work or Services required by the Contract hereunder by Contractor, its agents, representatives, employees or subcontractors. Contractor shall also require all of its subcontractors to procure and maintain the same insurance for the duration of the Contract. Such insurance shall meet at least the following minimum levels of coverage, as checked below:

1.1 Minimum Scope of Insurance
Coverage shall be at least as broad as the latest version of the following:
; General Liability
Insurance Services Office Commercial General Liability coverage (occurrence form CG 00 01).
; Automobile Liability
Insurance Services Office Business Auto Coverage form number CA 00 01, code 1 (any auto) or if Contractor owns no vehicles, this requirement may be met through a non-owned auto endorsement to the General Liability Policy. Professional Liability / Errors and Omissions
Written on a policy form specifically designed to protect against acts, errors or omissions of the Contractor wherein “Covered Professional Services” as designated in the policy must specifically include Services performed under this Contract.
; Workers’ Compensation and Employer’s Liability
Workers’ Compensation insurance as required by the State of California and Employer’s Liability Insurance. Policies shall not contain exclusions contrary to this Contract.
; Pollution Liability Insurance
Pollution Liability insurance for claims arising from the discharge, dispersal release or escape or any irritant or contaminant into or upon land, any structure, the atmosphere, watercourse or body of water, including groundwater. This shall

City of Emeryville | Contract Insurance Requirements (Exhibit B) REV 08/2020

Page 2 of 5 ends

Emeryville City CouncilNovember 7, 2023

Emeryville City Council
November 7, 2023