SlideShare uma empresa Scribd logo
1 de 382
Baixar para ler offline
)LTKXV6XQQDK 
6DLG6DDELT 
)LTK3XULILFDWLRQ 
7KHVKDUL
DKKDVGLYLGHGZDWHULQWRIRXUNLQGV 
 PXWODTZDWHU 
 XVHGZDWHUIRUSXULILFDWLRQ
ZDWHUPL[HGZLWKSXUHHOHPHQWVDQG 
 ZDWHUPL[HGZLWKLPSXUHHOHPHQWV:HVKDOOGLVFXVVHDFKRIWKHPVHSDUDWHO 
)LTKD0XWODTZDWHU 
7KLVNLQGRIZDWHULVFRQVLGHUHGSXUHEHFDXVHRILWVLQKHUHQWSXULWDQGDVVXFKLWFDQEHXVHGEDQ 
LQGLYLGXDOWRSXULIKLPRUKHUVHOI,WFRQVLVWVRIWKHIROORZLQJFDWHJRULHV 
)LTKE5DLQZDWHUVQRZDQGKDLO 
7KHVHVXEVWDQFHVDUHSXUHEHFDXVH$OODKVDVVR$QGVHQWGRZQZDWHUIURPWKHVNXSRQRXWKDW 
WKHUHE+HPLJKWSXULIRXDO$QIDO
DQG:HVHQGGRZQSXULILQJZDWHUIURPWKHVNDO 
)XUTDQ
7KLVLVDOVRVXSSRUWHGEWKHIROORZLQJKDGLWK$EX+XUDLUDKUHSRUWHGWKDWWKH0HVVHQJHU 
RI$OODKXSRQZKRPEHSHDFHXVHGWREHVLOHQWEHWZHHQWKHRSHQLQJ
WDNELURIWKHSUDHUDQGWKH 
YHUEDO 4XU
DQLF UHFLWDWLRQ $EX +XUDLUDK DVNHG KLP 20HVVHQJHU RI $OODK PD P IDWKHU DQG 
PRWKHUEHVDFULILFHGIRURXZKGRRXUHPDLQVLOHQWEHWZHHQWKHWDNELUDQGWKHUHFLWDO:KDWGR 
RXVDVLOHQWOGXULQJWKDWWLPH
+HVDLG,VD
2$OODKPDNHDGLVWDQFHEHWZHHQPHDQGP 
VLQVVLPLODUWRWKHGLVWDQFHRXKDYHPDGHEHWZHHQWKH(DVWDQGWKH:HVW2$OODKFOHDQVHPHRIP 
VLQVLQWKHPDQQHUWKDWDZKLWHJDUPHQWLVFOHDQVHG
IURPGLUW2$OODKZDVKPVLQVIURPPHZLWK 
VQRZZDWHUDQGKDLO
7KLVKDGLWKLVUHODWHGEWKHJURXSH[FHSWIRUDW7LUPL]KL 
)LTK6HDZDWHU 
6HD ZDWHU
V SXULW LV EDVHG RQ WKH IROORZLQJ KDGLWK $EX +XUDLUDK UHODWHG WKDW D PDQ DVNHG WKH 
0HVVHQJHURI$OODKXSRQZKRPEHSHDFH20HVVHQJHURI$OODKZHVDLORQWKHRFHDQDQGZHFDUU 
RQO D OLWWOHZDWHU ,IZH XVH LW IRU DEOXWLRQZHZLOO KDYH WR JR WKLUVW0DZH XVH VHDZDWHU IRU 
DEOXWLRQ6DLGWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFH,WVWKHVHD
ZDWHULVSXUHDQGLWVGHDG 
DQLPDOV
DUH ODZIXO LH WKH FDQ EH HDWHQ ZLWKRXW DQ SUHVFULEHG VODXJKWHULQJ
7KLV KDGLWK LV 
UHODWHGEWKHILYH$W7LUPL]KLFDOOVLWKDVVDQVDKLKDQGDO%XNKDULVDVLWLVVDKLK 
)LTKD:DWHUIURPWKHZHOORI=DP]DP 

$OL QDUUDWHG WKDW WKH0HVVHQJHU RI$OODK XSRQZKRP EH SHDFH FDOOHG IRU D EXFNHW WKDW FRQWDLQHG 
ZDWHUIURPWKHZHOORI=DP]DP+HGUDQNIURPWKHEXFNHWWKHQPDGHDEOXWLRQZLWKLWVZDWHU
7KLV 
KDGLWKLVUHODWHGE$KPDG 
)LTKE$OWHUHGZDWHU 
7KLVLQYROYHVZDWHUZKRVHIRUPKDVEHHQDOWHUHGEHFDXVHRILWVEHLQJLQDSODFHIRUDORQJSHULRGRI 
WLPHRUEHFDXVHRIWKHSODFHLQZKLFKLWLVORFDWHGRUEHFDXVHRILWVEHLQJPL[HGZLWKDVXEVWDQFHWKDW 
FDQQRW EH FRPSOHWHO UHPRYHG IURP LW LH ZDWHU PL[HG ZLWK DOJDH WUHH OHDYHV DQG VR RQ
7KH 
VFKRODUVDJUHHWKDWWKLVWSHRIZDWHUIDOOVXQGHUWKHKHDGLQJRIPXWODTZDWHU 
7KH UDWLRQDOH LV VLPSOH HYHUWKLQJ WKDW IDOOV XQGHU WKH JHQHUDO WHUP RIZDWHUZLWKRXW DQ IXUWKHU 
TXDOLILFDWLRQVLVFRQVLGHUHGSXUHIRUWKH4XU
DQVDVDQGLIRXILQGQRWZDWHUWKHQJRWRFOHDQ 
KLJKJURXQGDO0D
LGDK
)LTKF8VHGZDWHU 
7KLVFDWHJRUUHIHUVWRZDWHUZKLFKGULSVIURPWKHSHUVRQDIWHUKHSHUIRUPVDEOXWLRQRUJKXVO,WLV 
FRQVLGHUHGSXUHEHFDXVHLWZDVSXUHEHIRUHLWVXVHIRUDEOXWLRQDQGWKHUHLVQREDVLVWRWKLQNWKDWLWKDV 
ORVWLWVSXULW7KLVVWDWHPHQWLVVXSSRUWHGEWKHKDGLWKRI5DE
LELQW0X
ZD]KZKLFKGHVFULEHVWKH 
DEOXWLRQRIWKH0HVVHQJHURI$OODK6KHVWDWHV+HZLSHGKLVKHDGZLWKWKHZDWHU
UHPDLQLQJRQKLV 
KDQGVIURPKLVDEOXWLRQ7KLVKDGLWKLVUHODWHGE$KPDGDQG$EX'DZXG$EX'DZXG
VYHUVLRQLV 
7KH0HVVHQJHURI$OODKXSRQZKRP EHSHDFHZLSHGKLVKHDGZLWKWKHH[WUDZDWHUWKDWZDVLQKLV 
KDQG $EX +XUDLUDK DOVR UHSRUWHG WKDW WKH 0HVVHQJHU RI $OODK PHW KLP DORQH LQ WKH VWUHHWV RI 
0DGLQDKZKLOHKHZDVLQSRVWVH[LPSXULW+HWKHUHIRUHVOLSSHGDZDPDGHJKXVODQGUHWXUQHG7KH
0HVVHQJHU RI$OODK XSRQZKRP EH SHDFH DVNHG KLP:KHUH KDYH RX EHHQ$EX+XUDLUDK+H 
DQVZHUHG,ZDVLQSRVWVH[LPSXULWDQGGLGQRWZDQWWRVLWZLWKRXZKLOH,ZDVLQWKDWFRQGLWLRQ 
7KH3URSKHW UHSOLHG*ORUEHWR$OODK7KHEHOLHYHUGRHVQRWEHFRPHLPSXUH7KLVLVUHODWHGE 
WKHJURXS 
7KLV LV EDVHG RQ WKH UDWLRQDOH WKDW VLQFH D EHOLHYHU QHYHU EHFRPHV LPSXUH WKH ZDWHU KH XVHV IRU 
SXULILFDWLRQDOVRGRHVQRWEHFRPHLPSXUH7KXVDSXUHREMHFWWRXFKLQJDSXUHREMHFWFDQQRWUHVXOWLQ 
RQH
VEHFRPLQJLPSXUH,EQDO0XQ]KLUVDLGWKDWLWLVUHODWHGWKDW
$OL,EQ
8PDU$EX8PDPDK
$WD 
DO+DVVDQ0DNKXODQGDQ1DNKD
LVDLGWKDWLIDSHUVRQIRUJRWWRZLSHKLVKHDGZKLOHPDNLQJDEOXWLRQ 
LWLVVXIILFLHQWIRUKLPWRZLSHKLVKHDGZLWKDQZDWHUUHPDLQLQJLQKLVEHDUG,EQDO0XQ]KLUVWDWHG 
WKDWWKLVSURYHVWKDWWKHWRRNXVHGZDWHUDVSXUH7KLVRSLQLRQFRPHVIURPRQHRIWKHQDUUDWLRQV 
DWWULEXWHG WR 0DOLN DQG DVK6KDI
L ,EQ +D]P DVFULEHV LW WR 6XIDQ DO7KDXUL $EX 7KDXU DQG DOO 
VFKRODUVRIWKH=KDKLULVFKRRORIWKRXJKW 
)LTK:DWHUPL[HGZLWKSXUHHOHPHQWV 
7KLVFDWHJRULQFOXGHVZDWHUWKDWKDVEHHQPL[HGZLWKVXEVWDQFHVOLNHVRDSVDIIURQIORZHUVDQGVR 
RQWKDWLVREMHFWVFRQVLGHUHGSXUHEWKHVKDUL
DK6XFKZDWHULVFRQVLGHUHGSXUHDVORQJDVLWKDVQRW 
EHHQVRPL[HGZLWKRWKHUVXEVWDQFHVWKDWRQHFDQQRORQJHUFDOOLWZDWHU,IWKLVLVWKHFDVHWKHZDWHULV 
VWLOOFRQVLGHUHGSXUHEXWLWFDQQRWEHXVHGIRUSXULILFDWLRQ8PP
$WLDKQDUUDWHGWKDWWKH0HVVHQJHU 
RI$OODK XSRQZKRP EH SHDFH HQWHUHG KHU KRXVH DIWHU WKH GHDWK RI KLV GDXJKWHU =DLQDE DQG VDLG 
:DVKKHUWKUHHRUILYHRUPRUHWLPHVLIRXVHHILWWRGRVRZLWKZDWHUDQGGUWUHHOHDYHV)RUWKH 
ILQDOZDVKLQJXVHVRPHNDIRRURUVRPHWKLQJIURPNDIRRU:KHQRXDUHILQLVKHGLQIRUPPH6KH 
GLGVRDIWHUZKLFKKHJDYHWKHZRPHQKLVRXWHUJDUPHQWDQGWROGWKHPWRZUDS=DLQDELQLW7KLVZDV 
UHODWHGEWKHJURXS 
7KHGHFHDVHGVKRXOGEHZDVKHGZLWKVRPHWKLQJWKDWPDSXULIDOLYHSHUVRQ$KPDGDQ1DVD
LDQG 
,EQ .KX]DLPDK UHFRUG IURP 8PP +DQL WKDW WKH 0HVVHQDJHU RI $OODK DQG 0DLPXQDK ZDVKHG 
WKHPVHOYHVIURPRQHZDWHU
FRQWDLQHUWKDWKDGDWUDFHRIGRXJKLQLW,QERWKRIWKHVHKDGLWKZHILQG 
WKDW WKHZDWHUZDVPL[HG ZLWK DQRWKHU VXEVWDQFHEXWVLQFHWKHRWKHUVXEVWDQFHZDVQRWVXEVWDQWLDO 
HQRXJKWRDOWHULWVQDWXUHLWUHPDLQHGILWIRUFRQVXPSWLRQ 
)LTKD:DWHUPL[HGZLWKLPSXUHHOHPHQWV 
:HFDQGLYLGHWKLVFDWHJRULQWRWZRVXEFDWHJRULHV 
 7KHLPSXUHVXEVWDQFHDOWHUVWKHWDVWHFRORURURGRURIWKHZDWHU,QWKLVFDVHLW FDQQRWEHXVHGIRU 
SXULILFDWLRQ$FFRUGLQJWR,EQDO0XQ]KLUDQG,EQDO0XODTTLQWKHUHLVDFRQVHQVXVRQWKLVSRLQW 
 7KHOLTXLGLVVWLOOFRQVLGHUHGZDWHUPHDQLQJWKDWWKHLPSXUHVXEVWDQFHKDVQRWDOWHUHGLWVWDVWH 
FRORURURGRU6XFKZDWHULVFRQVLGHUHGSXUHDQGPDEHXVHGIRUSXULILFDWLRQ7KLVLVEDVHGXSRQWKH 
IROORZLQJKDGLWK$EX+XUDLUDKUHSRUWHGWKDWDEHGRXLQXULQDWHGLQWKHPRVTXH7KHSHRSOHVWRRGWR 
JHWKLPDQGVWRSKLP
7KH3URSKHWVDLG/HDYHKLPDQGSRXUDEXFNHWRIZDWHURUDFRQWDLQHURI 
ZDWHURYHUKLVXULQHRXKDYHEHHQUDLVHGWREHHDVRQWKHSHRSOHQRWWREHKDUGRQWKHP7KLV 
KDGLWKLVQDUUDWHGEWKHJURXSH[FHSWIRU0XVOLP 
$EX6D
HHGDO.KXGULDVNHGWKH3URSKHWDQZHPDNHDEOXWLRQIURPWKHZHOORI%XGD
DKLH DZHOO 
LQ0DGLQDK
7KH 3URSKHW XSRQ ZKRP EH SHDFH WROG KLP:DWHU LV SXUH DQG QRWKLQJPDNHV LW 
LPSXUH 
7KLVKDGLWKLVUHODWHGE$KPDGDVK6KDI
L$EX'DZXGDQ1DVD
LDQGDW7LUPL]KLZKRFODVVLILHGLW 
DV KDVVDQ $KPDG VDLG 7KLV KDGLWK LV VDKLK DQG DKD LEQ0D
HHQ DQG0XKDPPDG LEQ +D]P 
FODVVLILHGLWDVVXFK7KLVLVDOVRWKHRSLQLRQRI,EQ
$EEDV$EX+XUDLUDKDO+DVVDQDO%DVUL,EQDO 
0XVDDE 
,NULPDK ,EQ $EX /DLOD DO7KDXUL 'DZXG D]K=KDKLUL DQ1DNKD
L 0DOLN DQG RWKHUV 
6DVDO*KD]]DOL,ZLVKDVK6KDI
L
VRSLQLRQZDVOLNH0DOLN
V 
7KHUHLVDOVRDKDGLWKIURP
$EGXOODKLEQ
8PDULQZKLFKWKH0HVVHQJHURI$OODKLVUHSRUWHGWRKDYH 
VDLG,IWKHUHDUHDWOHDVWWZREXFNHWVRIZDWHULWZLOOQRWFDUUDQLPSXULW7KLVKDGLWKLVUHODWHG 
EWKHILYH+RZHYHUWKLVKDGLWKLVPX]KWDUDELQLWVFKDLQRIQDUUDWRUVDQGWH[W,EQ
$EGXO%DUU 
VDLG LQ DW7DPKHHG $V WR WKH RSLQLRQ RI DVK6KDI
L ZKLFK LV EDVHG RQ WKLV KDGLWK LW LV ZHDN RQ 
VFUXWLQDQGLVQRWFRQILUPHGEKLVWRULFDOUHSRUWV 
)LTK/HIWRYHUZDWHU 
LVODPPHVVDJHFRP
/HIWRYHUZDWHULVZKDWUHPDLQVLQDSRWDIWHUVRPHKDVEHHQGUXQN7KHUHDUHILYHGLIIHUHQWWSHVRI 
OHIWRYHUZDWHU 
)LTKD:DWHUOHIWRYHUDIWHUSHRSOHKDYHGUXQNIURPWKHSRW 
$FFRUGLQJWRWKHVKDUL
DKVXFKZDWHULVFRQVLGHUHGSXUHUHJDUGOHVVRIZKHWKHUWKHRQHZKRGUDQNIURP 
WKHSRWZDVD0XVOLPDQXQEHOLHYHUDSHUVRQLQSRVWVH[LPSXULWRUDPHQVWUXDWLQJZRPDQ 
$OWKRXJK$OODK VDV LQ WKH4XU
DQ 9HULO WKH LGROZRUVKLSSHUV DUH LPSXUH DW7DXEDK
WKLV LV D 
UHIHUHQFHQRWWRWKHLUSKVLFDOVWDWHEXWWRWKHLUIDOVHEHOLHIVDQGFUHHG7KHPDFRPHLQWRFRQWDFW 
ZLWKGLUWRULPSXULWLHVEXWWKLVGRHVQRWPHDQWKDWWKHLUSRVVHVVLRQVRUERGLHVDUHLPSXUH,QIDFWWKH 
XVHGWRPL[ZLWKWKH0XVOLPV7KHLUHPPLVVDULHVDQGGHOHJDWLRQVXVHGWRYLVLWWKH0HVVHQJHURI$OODK 
DQGHQWHUKLVPRVTXH7KH3URSKHWXSRQZKRPEHSHDFHGLGQRWRUGHUWKDWWKHREMHFWVWKHWRXFKHG 
EHFOHDQVHG$VIRUPHQVWXUDWLQJZRPHQ
$LVKDKVDLG,XVHGWRGULQNIURPDFRQWDLQHU
ZKLOH,ZDV 
PHQVWUXDWLQJ,ZRXOGWKHQSDVVLWWRWKH0HVVHQJHURI$OODKDQGKHZRXOGGULQNIURPWKHVDPHVSRW 
ZKHUH,KDGSXWPOLSV5HODWHGE0XVOLP
)LTK:DWHUOHIWLQDFRQWDLQHUDIWHUDQDOORZDEOHDQLPDOKDVGUXQNIURPLW 
6XFKZDWHULVFRQVLGHUHGSXUH6LQFHWKHDQLPDOTXDOLILHVIRUFRQVXPSWLRQLWVVDOLYDLVDOVRSXUH$EX 
%DNULEQDO0XQ]KLUVDLG7KHVFKRODUVDUHDJUHHGWKDWVXFKZDWHULVSHUPLVVLEOHWRGULQNRUXVHIRU 
DEOXWLRQ 
)LTKD:DWHUUHPDLQLQJLQDSRWDIWHULWKDVEHHQGUXQNEDGRQNHPXOHEHDVWVRIELUGVRISUH 
6XFKZDWHULVDOVRFRQVLGHUHGSXUHEDVHGRQWKHKDGLWKRI-DELULQZKLFKWKH0HVVHQJHURI$OODKZDV 
DVNHGDERXWPDNLQJDEOXWLRQZLWKGULQNLQJZDWHUOHIWEGRQNHV7KH3URSKHWXSRQZKRPEHSHDFH 
DQVZHUHGHVDQGIURPWKHGULQNLQJZDWHUOHIWEDQRIWKHEHDVWVRISUH7KLVKDGLWKZDVUHODWHG 
EDVK6KDLILDG'DUDTXWQLDQGDO%DLKDTLZKRVDLG:KHQLWVGLIIHUHQWFKDLQVDUHSXWWRJHWKHUWKH 
EHFRPHVWURQJ,WKDVDOVREHHQUHODWHGIURP,EQ
8PDUWKDWWKH0HVVHQJHURI$OODKZHQWRXWDWQLJKW 
ZKLOHKHZDVRQDMRXUQH+HSDVVHGEDPDQZKRZDVVLWWLQJEDSRQG6DLG
8PDU'LGDEHDVW 
RISUHGULQNIURPRXUSRQGWRQLJKW7KH0HVVHQJHURI$OODKWROGKLP2RZQHURIWKHSRQGGR 
QRWLQIRUPKLP,WLVQRWQHFHVVDUIRU KLPWKHEHDVWRISUH
LVZKDWKHFDUULHGLQKLVVWRPDFKDQG 
IRUXVLVZKDWKHOHIWZDWHUWREHXVHGIRUGULQNLQJDQGSXULILQJ7KLVLVUHODWHGEDG'DUDTXWQL 
DKDLEQ6D
HHGUHSRUWHGWKDWRQFH
8PDUZDVDPRQJDJURXSWKDWLQFOXGHG
$PULEQDO
$DV DQG 
ZKHQWKHFDPHXSRQDSRQG
$PUVDLG2RZQHURIWKHSRQGKDYHWKHEHDVWVRISUHGLVFRYHUHG 
RXUSRQG
8PDUVDLG'RQRWLQIRUPXVVLQFHWKHSHRSOHGULQNDIWHUWKHZLOGEHDVWVDQGWKHZLOG 
EHDVWVDIWHUWKHSHRSOH7KLVLVUHODWHGE0DOLNLQ DO0XZDWWD 
)LTK:DWHUOHIWLQDSRWDIWHUDFDWKDVGUXQNIURPLW 
6XFKZDWHULVDOVRFRQVLGHUHGSXUH7KLVLVSURYHQEWKHKDGLWKRI.DEVKDKELQW.D
EZKRZKHQVKH 
ZDVXQGHUWKHFDUHRI$EX4DWDGDKHQWHUHGWKHURRPWRSRXUVRPHZDWHUIRUKLP$FDWFDPHGUDQN 
VRPHRIWKHZDWHUDQG4DWDGDKSURFHHGHGWRWLOWWKHFRQWDLQHUVRWKHFDWFRXOGGULQNPRUH.DEVKDK 
VDLG +H QRWLFHG WKDW , ZDVZDWFKLQJ KLP+H DVNHG $UH RX VXUSULVHG 2 QLHFH , DQVZHUHG 
HV+HVDLG7KH0HVVHQJHURI$OODKXSRQ ZKRPEHSHDFHVDLG
,WWKHFDW
LVQRWLPSXUH7KH 
LQWHUPLQJOHZLWKRX
 
)LTKD:DWHUOHIWLQDSRWDIWHUDSLJRUGRJKDVGUXQNIURPLW 
6XFKZDWHULVFRQVLGHUHGLPSXUHDQGPXVWEHDYRLGHG$O%XNKDULDQG0XVOLPKDYHUHFRUGHGRQWKH 
DXWKRULW RI $EX +XUDLUDK WKDW WKH PHVVHQJHU RI $OODK VDLG ,I D GRJ GULQNV IURP RQH RI RXU 
FRQWDLQHUVZDVKLWVHYHQWLPHV$KPDGDQG0XVOLPDOVRKDYHWKLVDGGLWLRQOHDQVHRQHRIRXU 
FRQWDLQHUVLIDGRJOLFNVLWEZDVKLQJLWVHYHQWLPHVWKHILUVWZDVKLQJEHLQJZLWKGLUW$VIRUWKH 
OHIWRYHUZDWHURIDSLJLWLVFOHDUOFRQVLGHUHGILOWKDQGLPSXUH 
)LTKE7SHVRILPSXULWLHV 
1DMDVDKUHIHUVWRLPSXUHVXEVWDQFHVWKDWWKH0XVOLPPXVWDYRLGDQGZDVKRIILIWKHVKRXOGKDSSHQWR 
FRQWDPLQDWHKLVFORWKHVERGDQGVRRQ6DV$OODKLQWKH4XU
DQ3XULIRXUUDLPHQWDO0XGDWKDU
DQG$OODKORYHVWKRVHZKRUHSHQWDQGZKRSXULIWKHPVHOYHVDO%DTDUDK
7KH0HVVHQJHU 
RI$OODKDOVRVDLG3XULWLVKDOIRIWKHIDLWK 
)LTKF'HDGDQLPDOV 
7KLV UHIHUV WR DQLPDOV ZKLFK GLH IURP QDWXUDO FDXVHV WKDW LVZLWKRXW WKH SURSHU ,VODPLF ZD RI 
VODXJKWHULQJ,WDOVRLQFOXGHVDQWKLQJWKDWLVFXWRIIRIDOLYHDQLPDO$EX:DTLGDO/DLWKUHSRUWHG 
LVODPPHVVDJHFRP
WKDWWKH3URSKHWXSRQZKRPEHSHDFHVDLG:KDWLVFXWRIIRIDOLYHDQLPDOLVFRQVLGHUHGGHDGLH 
LWLVFRQVLGHUHGOLNHDQDQLPDOWKDWKDVQRWEHHQSURSHUOVODXJKWHUHG7KLVLVUHODWHGE$EX'DZXG 
DQGEDW7LUPL]KLZKRFODVVLILHVLWDVKDVVDQDQGVDVWKDWWKHVFKRODUVDFWDFFRUGLQJWRWKLVKDGLWK 
)LTK'HDGDQLPDOVRIWKHVHDDQGGHDGORFXVWV 
,EQ
8PDUUHSRUWHGWKDWWKH0HVVHQJHURI$OODKVDLG7ZRWSHVRIGHDGDQLPDOVDQGWZRWSHVRI 
EORRGKDYHEHHQPDGHODZIXOIRUXV7KHWSHVRIGHDGDQLPDOVDUHVHDIRRGDQGORFXVWV7KHWZRWSHV 
RIEORRGDUHWKHEORRGRIWKH
OLYHUDQGWKHVSOHHQ 
7KLV LV UHODWHG E $KPDG DVK6KDI
L DO%DLKDTL DQG DG'DUDTXWQL 7KH KDGLWK LV ZHDN EXW ,PDP 
$KPDGVDVWKDWLWLVDXWKHQWLFLQPDXTRRIIRUP$EX=DU
DKDQG$EX+DWLPKDYHVDLGWKHVDPH6XFK 
DUHSRUWKDVWKHLPSOLFDWLRQRIDPDUIX
KDGLWKEHFDXVHDFRPSDQLRQVDLQJ7KLVZDVDOORZHGIRUXV 
RU7KLVZDVIRUELGGHQIRUXVLVOLNHRQHRIWKHPVDLQJ:HZHUHRUGHUHGWRGRWKLVRU:HZHUH 
IRUELGGHQ WR GR WKLV DQG VR RQ 6XFK VWDWHPHQWV DUH FRQVLGHUHG PDUIX
 ZLWK UHVSHFW WR WKHLU 
UHJXODWLRQV
$QGZHKDYHDOUHDGPHQWLRQHGWKH3URSKHW
VVWDWHPHQWFRQFHUQLQJWKHRFHDQ,WVZDWHU 
LVSXUHDQGLWV
GHDGDQLPDOV
DUHDOORZDEOHWRHDW
)LTKD'HDGDQLPDOVWKDWKDYHQRUXQQLQJEORRG 
7KDWLV
EHHVDQWVDQGVRRQ7KHDUHFRQVLGHUHGSXUH,IWKHIDOOLQWRVRPHVXEVWDQFHDQGGLHWKH 
VXEVWDQFH ZLOO QRW EHFRPH LPSXUH ,EQ DO0XQ]KLU VDLG , GR QRW NQRZ RI DQ GLVDJUHHPHQW 
FRQFHUQLQJWKHSXULWRIVXFKZDWHUVDYHZKDWKDVEHHQUHODWHGIURPDVK6KDI
L,WLVZHOONQRZQWKDW 
KH YLHZV WKHP DV EHLQJ LPSXUH 1HYHUWKHOHVV LW GRHV QRW ERWKHU KLP LI WKH REMHFW IDOOLQJ LQWR D 
VXEVWDQFHGRHVQRWDOWHULWLQDQZD
)LTKE%RQHVKRUQVFODZVIXUIHDWKHUVDQGVNLQDQGVRRQRIGHDGDQLPDOV 
$OORIWKHVHDUHFRQVLGHUHGSXUHRQFHUQLQJWKHERQHVRIGHDGDQLPDOVD]=XKULVDLG,KDYHPHW 
VRPHVFKRODUVRIWKHSUHFHHGLQJJHQHUDWLRQVZKRXVHGVXFKREMHFWVIRUFRPEVDQGSRWVIRURLODQG 
WKHGLGQRWVHHDQWKLQJZURQJLQWKDW7KLVLVUHODWHGEDO%XNKDUL6DLG,EQ
$EEDV7KHFOLHQWRI 
0DLPXQDKZDVJLYHQDVKHHSDVFKDULWDQGLWGLHG7KH0HVVHQJHURI$OODKXSRQZKRPEHSHDFH 
SDVVHGELWDQGVDLG
:KGRRXQRWUHPRYHLWVVNLQWUHDWLWDQGSXWLWWRXVH
6KHVDLG
,WLVGHDG
 
LHLWKDVQRWEHHQVODXJKWHUHGSURSHUO
+HVDLGWRKHU
2QOHDWLQJLWLVIRUELGGHQ
7KLVLVUHODWHG 
EWKHJURXS,EQ0DMDKDWWULEXWHVWKHLQFLGHQWWR0DLPXQDKDQGKHUFOLHQW$O%XNKDULDQGDQ1DVD
L 
GRQRWPHQWLRQWUHDWLQJWKHVNLQ,WLVUHSRUWHGIURP,EQ
$EEDVWKDWKHUHFLWHG6D20XKDPPDG
,QDOOWKDWKDVEHHQUHYHDOHGWRPH,GRQRWILQGDQWKLQJIRUELGGHQWRHDWLIRQHZDQWVWRHDWWKHUHRI 
XQOHVVLWEHFDUULRQRUEORRGSRXUHGIRUWKRUVZLQHIOHVKDO$Q
DP
7KHQKHVDLG:KDWLV 
IRUELGGHQ LVLWVPHDW$VIRULWVVNLQVNLQXVHGIRUZDWHUVNLQVWHHWKERQHVIXUDQGZRROWKHDUH 
SHUPLVVLEOH 7KLV LV QDUUDWHG E ,EQ0XQ]KLU DQG ,EQ +DWLP 6LPLODUO LWV UHQQHW DQG PLON DUH 
FRQVLGHUHGSXUH7KLVLVVXSSRUWHGEWKHIDFWWKDWZKHQWKHFRPSDQLRQVFRQTXHUHG,UDTWKHDWHWKH 
FKHHVH RI WKH 0DJLDQV ZKLFK ZDV PDGH IURP UHQQHW DOWKRXJK WKHLU VODXJKWHUHG DQLPDOV ZHUH 
FRQVLGHUHGWKHVDPHDV
GHDGDQLPDOV
,WLVFRQILUPHGIURP6DOPDQDO)DUVLWKDWZKHQKHZDVDVNHG 
DERXWFKHHVHFODULILHGEXWWHUDQGSHOWVKHVDLG:KDWLVSHUPLVVLEOHLVZKDW$OODKPDGHSHUPLVVLEOH 
LQ+LVERRN:KDWLVIRUELGGHQLVZKDW$OODKPDGHIRUELGGHQLQ+LVERRN:KDWKHRPLWV+HKDV 
SDUGRQHG IRU RX ,W LV ZHOONQRZQ WKDW KH ZDV EHLQJ DVNHG DERXW WKH FKHHVH RI WKH0DJLDQV DV 
6DOPDQZDV
8PDU
VGHSXWLQ0DGD
LQ,UDT 
)LTK%ORRG 
7KLVLQFOXGHVEORRGWKDWSRXUVIRUWKIURPDQDQLPDO
VERGVXFKDVEORRGIURPDVODXJKWHUHGDQLPDO 
RU IURP PHQVWUXDWLRQ H[FHSW IRU ZKDW VPDOO DPRXQWV DUH RYHUORRNHG ,EQ -XUDLM VDLG DERXW WKH 
4XU
DQLFYHUVHRUEORRGSRXUHGIRUWKDO$Q
DP
WKDWWKLVLVWKHEORRGWKDWIORZVRXW7KH 
EORRG WKDW GRHV QRW IORZ RXW EXW UHPDLQV LQ WKH YHLQV LV SHUPLVVLEOH 7KLV LV UHODWHG E ,EQ DO 
0XQ]KLU$QGLWLVDOVRUHODWHGIURP$EX0DMOL]QLQKLVGLVFRXUVHRQEORRGWKDWKHZDVDVNHG:KDW 
DERXWWKHEORRGWKDWUHPDLQVLQWKHVODXJKWHUHGVKHHSRUDWWKHWRSRIWKHFRRNLQJSRW+HDQVZHUHG 
7KHUHLVQRSUREOHPZLWKLW:KDWLVIRUELGGHQLVWKHEORRGWKDWIORZVRXWRIWKHDQLPDODWWKHWLPH 
RIVODXJKWHULQJ
7KLVZDVUHFRUGHGE
$EGLEQ+DPHHGDQGE$EXDVK6KDLNK,WLVDOVRUHODWHG 
IURP 
$LVKDK WKDW VKH VDLG:H XVHG WR HDW WKH PHDW ZKHQ WKH EORRG ZDV VWUHDNLQJ WKH SRW $O 
+DVVDQVDLG7KH0XVOLPVDOZDVSUDHGHYHQZKLOHWKHZHUHEOHHGLQJ7KLVZDVPHQWLRQHGE 
DO%XNKDUL,WLVFRQILUPHGWKDW
8PDUSUDHGZKLOHKLVZRXQGZDVEOHHGLQJ(OXFLGDWLQJWKHSRLQW 
LVODPPHVVDJHFRP
,EQ +DMU VDV LQ )DWK DO%DUL D FRPPHQWDU RQ 6DKLK DO%XNKDUL
$EX +XUDLUDK GLG QRW VHH 
DQWKLQJZURQJLQDGURSRUWZRRIEORRGGXULQJWKHSUDHUV%DVHGRQWKLVUHSRUWIURP$EX+XUDLUDK 
WKH EORRG RI D IOHH RU WKH EORRG WKDW FRPHV IURP D SLPSOH DUH WR EH RYHUORRNHG$EX0DMOL]QZDV 
DVNHG DERXW SXV WKDW JHWV RQ WKH ERG RU WKH FORWKHV+H VDLG 
7KHUH LV QRWKLQJ ZURQJ ZLWKWKHP 
$OODKPHQWLRQVRQOWKHEORRGQRWWKHSXV
 
RPPHQWLQJ RQ WKH VXEMHFW ,EQ 7DLPLDK VDV ,W LV REOLJDWRU WR FOHDQ WKH FORWKHV IURP SXV 
SXUXOHQW PDWWHU RU VLPLODU IOXLGV+H DOVR VDV 7KHUH LV QR SURRI FRQFHUQLQJ LWV LPSXULW ,W LV 
SUHIHUUHGIRUWKHSHUVRQWRDYRLGFRQWDFWDVPXFKDVSRVVLEOHZLWKWKHVHVXEVWDQFHV 
)LTK3LJ
VPHDW 
$FFRUGLQJ WR WKH YHUVH DO$Q
DP
TXRWHG  HDUOLHU LWHPV PHQWLRQHG WKHUHLQ DUH LPSXUH 7KH 
SURQRXQ
WKH
UHIHUVWRDOOWKUHHRIWKHPHQWLRQHGLWHPV,WLVKRZHYHUDOORZHGWRNQLWZLWKWKHKDLURI 
DSLJDFFRUGLQJWRPRVWRIWKHVFKRODUV 
)LTKD9RPLWLQJRIDSHUVRQXULQHDQGH[FUHPHQW 
7KHUHLVDJUHHPHQWDPRQJWKHVFKRODUVWKDWWKHVHREMHFWVDUHLPSXUH%XWDVOLJKWDPRXQWRIYRPLW 
FRPPRQO XQGHUVWRRG DV D VPDOO DPRXQW RI OLTXLG
DQG WKH XULQH RI DQ XQZHDQHG PDOH EDE DUH 
RYHUORRNHGDQGSDUGRQHG,WLVVXIILFLHQWMXVWWRVSULQNOHZDWHURYHUWKHXULQHRIDQXQZHDQHGPDOH 
EDE 7KLV LV EDVHG RQ WKH KDGLWK RI 8PP 4DLV 6KH FDPH WR WKH0HVVHQJHU RI $OODK ZLWK KHU 
XQZHDQHG VRQ $IWHU DZKLOH WKH EDE XULQDWHG LQ WKH 3URSKHW
V ODS 7KH 3URSKHW XSRQZKRP EH 
SHDFHFDOOHGIRUVRPHZDWHUZKLFKKHVSULQNOHGRYHUKLVFORWKHVDQGGLGQRWJLYHWKHPDFRPSOHWH 
ZDVKLQJ7KLVLVUHODWHGEDO%XNKDULDQG0XVOLP 

$OLQDUUDWHGWKDWWKH0HVVHQJHURI$OODKVDLG7KHXULQHRIDEDEERVKRXOGKDYHZDWHUVSULQNOHG 
XSRQLW7KHXULQHRIDEDEJLUOLVWREHZDVKHGRII6DV4DWDGDK7KLVUHIHUVWRDPDOHEDEWKDW 
KDVQRWHWEHJXQWRHDW,IKHDOUHDGHDWVWKHQWKHJDUPHQWLVWREHZDVKHG 
7KLVKDGLWKLVUHODWHGE$KPDG$EX'DZXGDW7LUPL]KLDQG,EQ0DMDK,QDO)DWK,EQ+DMUVDVLWV 
FKDLQLVVDKLK 
6SULQNOLQJ LV VXIILFLHQW DV ORQJ DV WKH ER LV VWLOO QXUVLQJ ,I KH HDWV VROLG IRRG KLV XULQHPXVW EH 
ZDVKHGIURPWKHFORWKHVDQGERG7KHUHLVQRGLVDJUHHPHQWRQWKLVODWWHUSRLQW3HUKDSVWKHUHDVRQ 
IRUWKLVH[HPSWLRQWRWKHPDOHEDE
VXULQHLVWKDWSHRSOHKDYHDWHQGHQFWRFDUUWKHLUPDOHEDELHV 
DURXQGDQGLWZRXOGKDYHEHHQGLIILFXOWWRFOHDQWKHFORWKHVDIWHUWKHLUIUHTXHQWXULQDWLRQV 
)LTK$O:DGL 
:DGLLVDWKLFNZKLWHVHFUHWLRQGLVFKDUJHGEVRPHSHRSOH
DIWHUXULQDWLRQ,WLVFRQVLGHUHGLPSXUH 

$LVKDKVDLG:DGLFRPHVRXWDIWHUXULQDWLRQ7KHSHUVRQVKRXOGZDVKWKHSULYDWHSDUWVDQGSHUIRUP 
DEOXWLRQ,WLVQRWQHFHVVDUWRSHUIRUPJKXVO7KLVLVUHODWHGE,EQDO0XQ]KLU,EQ
$EEDVUHODWHG 
WKDW PDQL VSHUP
UHTXLUHV JKXVO $V IRU PD]KL VHPHQ
DQG ZDGL WKH UHTXLUH D FRPSOHWH 
SXULILFDWLRQ 7KLV LV UHODWHG E DO$WKUDP $O%DLKDTL KDV LW ZLWK WKHZRUGLQJRQFHUQLQJPD]KL 
SURVWDWLFIOXLG
DQGZDGLKHVDLG
:DVKRXUVH[XDORUJDQVDQGSHUIRUPWKHVDPHWSHRIDEOXWLRQDV 
RXSHUIRUPIRUSUDHU
 
)LTKD$O0D]KLRUSURVWDWLFIOXLG 
7KLV LV D ZKLWH VWLFN IOXLG WKDW IORZV IURP WKH VH[XDO RUJDQV EHFDXVH RI WKLQNLQJ DERXW VH[XDO 
LQWHUFRXUVHRUIRUHSODDQGVRRQ7KHSHUVRQLVXVXDOOQRWDZDUHRIZKHQH[DFWOLWLVVHFUHWHG,W 
FRPHVIURPERWKWKHPDOHDQGWKHIHPDOHVH[XDORUJDQVDOWKRXJKWKHDPRXQWIURPWKHODWWHULVXVXDOO 
PRUH WKDQWKHIRUPHU
V6FKRODUVDUHDJUHHGWKDWLWLVLPSXUH,ILWJHWVRQWKHERGLWLVREOLJDWRUWR 
ZDVKLWRII,ILWJHWVRQWKHFORWKHVLWVXIILFHVWRVSULQNOHWKHDUHDZLWKZDWHUDVLWLVYHUKDUGWREH 
FRPSOHWHOSURWHFWHGIURPWKLVLPSXULWHVSHFLDOOIRUWKHRXQJVLQJOHSHUVRQ
$OLVDLG,XVHGWR 
H[FUHWHPD]KLVR,DVNHGDPDQWRDVNWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHDERXWLW,ZDV 
VKWRGRVREHFDXVHRIPSRVLWLRQZLWKUHVSHFWWRKLVGDXJKWHU
$OLZDVWKH3URSKHW
VVRQLQODZ
+HVDLG
0DNHDEOXWLRQDQGZDVKRXUSHQLV7KLVLVUHODWHGEDO%XNKDULDQGRWKHUV6DKOLEQ+DQLI 
VDLG,XVHGWRVXIIHUIURPH[FHVVLYHDPRXQWVRIPD]KL,XVHGWRPDNHORWVRIJKXVOEHFDXVHRILW6R 
,PHQWLRQHGWKLVWRWKH0HVVHQJHURI$OODK XSRQZKRPEHSHDFHDQGKHVDLG
,WLVVXIILFLHQWWRWDNHD 
KDQGIXORIZDWHUDQGVSULQNOHLWRYHURXUFORWKHVZKHUHYHUWKHIOXLGDSSHDUV 
7KH KDGLWK LV UHODWHG E $EX 'DZXG ,EQ0DMDK DQG DW7LUPL]KL 7KH ODWWHU VDV 7KH KDGLWK LV 
KDVVDQ VDKLK ,Q WKH FKDLQ LV0XKDPPDG LEQ ,VKDT ZKR LV FRQVLGHUHG ZHDN ZKHQ KH UHODWHV LQ 
LVODPPHVVDJHFRP
PX
DQ
DQ KDQGHGGRZQ
IRUP EHFDXVH RI KLV UHSXWDWLRQ DV RQH ZKR FRPPLWHG WDGOLV %XW LQ WKLV 
QDUUDWLRQ KHPDNHV LW FOHDU WKDW KH KHDUG WKH KDGLWK GLUHFWO $O$WKUDP QDUUDWHG WKHVDPH KDGLWK 
ZLWKWKHZRUGLQJ,ZDVERWKHUHGEDJUHDWGHDORIPD]KLVR,ZHQWWRWKH3URSKHWXSRQZKRPEH 
SHDFHDQGLQIRUPHGKLPRIWKLV+HVDLG
,WLVVXIILFLHQWIRURXWRWDNHDKDQGIXORIZDWHUDQGVSULQNOH 
LWRYHUWKHPD]KL
)LTK6SHUP$O0DQL 
6RPHVFKRODUVVDWKDWVSHUPLVLPSXUHEXWDSSDUHQWOLWLVSXUHIRULWLVRQOUHFRPPHQGHGWRZDVK 
LWRIILILWLVVWLOOZHWDQGWRVFUDWFKLWRIILILWLVGU6DLG
$LVKDK,XVHGWRVFUDWFKWKHVSHUPRIIWKH 
0HVVHQJHURI$OODK
VFORWKHVLILWZDVGUDQGZDVKLWRIILILWZDVVWLOOZHW7KLVLVUHODWHGEDG 
'DUDTXWQL$EX
$ZDQDKDQGDO%D]]DU
,WLVDOVRUHODWHGWKDW,EQ
$EEDVVDLG,DVNHGWKH0HVVHQJHU 
RI$OODKDERXWVSHUPRQFORWKHV+HVDLG
,WLVWKHVDPHDVPXFXVDQGVSLWWOH,WLVVXIILFLHQWWRUXEWKH 
DUHDZLWKDUDJRUFORWK
 
7KH KDGLWK ZDV UHODWHG E DG'DUDTXWQL DO%DLKDTL DQG DW7DKDZL 7KHUH LV D GLIIHUHQFH LQ WKH 
QDUUDWLRQRYHUZKHWKHULWVKRXOGEHLQPDUIX
RUPDXTRRIIRUP 
)LTKD7KHXULQHDQGVWRROVRIDQLPDOVWKDWDUHSHUPLVVLEOHWRHDW 
%RWKRIWKHVHDUHFRQVLGHUHGLPSXUH,EQ0DV
XGUHODWHGWKDWWKH0HVVHQJHURI$OODKXSRQZKRPEH 
SHDFH ZHQW WR DQVZHU WKH FDOO RI QDWXUH +H DVNHG 
$EGXOODK LEQ 0DV
XG WR EULQJ WKUHH VWRQHV 

$EGXOODK VDLG , FRXOG QRW ILQG WKUHH VWRQHV VR , IRXQG WZR VWRQHV DQG DQLPDO GXQJ DQG EURXJKW 
WKHPWRKLP+HWRRNWKHWZRVWRQHVDQGWKUHZDZDWKHGXQJVDLQJ
,WLVLPSXUH
 
7KHKDGLWKLVUHODWHGEDO%XNKDUL,EQ0DMDKDQG,EQ.KX]DLPDK,QRQHQDUUDWLRQLWVWDWHV,WLV 
LPSXUH,WLVWKHVWRRORIDGRQNH$OLWWOHDPRXQWRILWLVSDUGRQHGWKRXJKDVLWLVYHUGLIILFXOWWR 
FRPSOHWHOSURWHFWRQH
VVHOIIURPLW$O:DOHHGLEQ0XVOLPVDV,VDLGWRDO$X]D
L
:KDWDERXWWKH 
XULQHRIDQLPDOVZKRVHPHDWLVQRWHDWHQOLNHWKHPXOHGRQNHDQGKRUVH
+HVDLGWKDWWKHXVHGWR 
FRPH LQWR FRQWDFW ZLWK WKHVH GXULQJ WKHLU EDWWOHV DQG WKDW WKH GLG QRW ZDVK LW RII WKHLU ERGLHV RU 
FORWKHV$VIRUWKHXULQHDQGVWRROVRIDQLPDOVZKRVHPHDWLVSHUPLVVLEOH0DOLN$KPDGDQGDJURXS 
RIWKH6KDLILDKVDVWKDWLWLVSXUHRPPHQWLQJRQWKHVXEMHFW,EQ7DLPLDKVDV1RQHRIWKH 
FRPSDQLRQVKHOGWKDWLWLVLPSXUH,QIDFWWKHVWDWHPHQWWKDWLWLVLPSXUHLVRIUHFHQWRULJLQDQGQRW 
IURPWKHHDUOJHQHUDWLRQVRIWKHFRPSDQLRQV 
6DLG$QDV$JURXSRISHRSOHIURPWKHWULEHVRI8NXORU
8UDLQDFDPHWR0DGLQDKDQGEHFDPHLOOLQ 
WKHLUVWRPDFK7KH3URSKHWRUGHUHGWKHPWRJHWDPLONLQJVKHFDPHODQGGULQNDPL[WXUHRILWVPLON 
DQGXULQH7KLVKDGLWKLVUHODWHGE$KPDGDO%XNKDULDQG0XVOLPDQGSRLQWVWRDFDPHO
VXULQHDV 
EHLQJSXUH7KHUHIRUHEDQDORJRWKHUSHUPLVVLEOHDQLPDOV
XULQHPDDOVREHFRQVLGHUHGSXUH6DV 
,EQ DO0XQ]KLU 7KRVH ZKR FODLP WKDW WKDW ZDV SHUPLVVLEOH RQO IRU WKRVH SHRSOH DUH LQFRUUHFW 
6SHFLILFDWLRQLVRQO FRQILUPHGEVRPHVSHFLILFSURRI+HDOVRVDV7KHVFKRODUVSHUPLWZLWKRXW 
DQREMHFWLRQWKHVDOHRIVKHHS
VVWRROVDQGWKHXVHRIFDPHO
VXULQHLQWKHLUPHGLFLQHERWKLQWKHSDVW 
DQGLQWKHSUHVHQWDJDLQZLWKRXWDQREMHFWLRQ7KLVVKRZVWKDWWKH DUHFRQVLGHUHGSXUH6DVDVK 
6KDXNDQL$SSDUHQWOWKHXULQHDQGVWRROVRIHYHUOLYLQJDQLPDOSHUPLVVLEOHWRHDWLVSXUH7KHUHLV 
QRWKLQJWRSURYHRWKHUZLVH 
)LTK-DOODODK 
-DOODODKUHIHUVWRDQDQLPDOWKDWHDWVWKHZDVWHRUIOHVKRIRWKHUDQLPDOVVXFKDVFDPHOVFRZVVKHHS 
FKLFNHQVJHHVHDQGVRRQ,EQ
$EEDVUHSRUWHGWKDWWKH0HVVHQJHURI$OODKIRUEDGHWKHGULQNLQJRI 
VXFKDQLPDOV
PLON 
7KLV KDGLWK LV UHODWHG E WKH ILYH H[FHSW IRU ,EQ0DMDK $W7LUPL]KL JUDGHV LW DV VDKLK ,Q RQH 
QDUUDWLRQ LW VWDWHV ,WLVDOVRSURKLELWHGWRULGHXSRQDMDOODODK5HODWHGE$EX'DZXG
$PULEQ 
6KX
DLE UHODWHG RQ WKH DXWKRULW RI KLV IDWKHU IURP KLV JUDQGIDWKHU WKDW WKH0HVVHQJHU RI $OODK 
SURKLELWHG WKHPHDW RIGRPHVWLF GRQNHV$V IRU WKH MDOODODK KH SURKLELWHG ULGLQJ RU HDWLQJ WKHP 
5HODWHGE$KDPDGDQ1DVD
LDQG$EX'DZXG
,IWKHMDOODODKDQLPDOLVNHSWDZDIURPWKHRWKHU 
DQLPDOVIRUVRPHWLPHDQGLVJLYHQFOHDQIRRGWRHDWWKHQLWEHFRPHVSXUHDQGLVQRORQJHUFDOOHG 
MDOODODK ,I WKLV LV WKH FDVH LW EHFRPHV SHUPLVVLEOH WR HDW DV WKH UHDVRQ IRU LWV SURKLELWLRQZDV WKH 
FKDQJHLWXQGHUZHQWGXHWRHDWLQJILOWKDVWDWHZKLFKZRXOGQRORQJHUEHSUHVHQW 
)LTKD$OFRKRO 
LVODPPHVVDJHFRP
$FFRUGLQJWRPRVWVFKRODUVDOFRKROLVLPSXUH6DV$OODKLQWKH4XU
DQ$OFRKROJDPHVRIFKDQFH 
LGROVDQGGLYLQLQJDUURZVDUHRQODQLQIDPRI6DWDQ
VKDQGLZRUN6RPHVFKRODUVVDWKDWLWLVSXUH 
IRUWKHWDNHWKHPHDQLQJRIUDMLVLQLWVDEVWUDFWVHQVHDVGHVFULELQJDOFRKRODQGZKDWHYHULVUHODWHGWR 
LW7KLVLVQRWODEHOHGDVLPSXUHLQDGHILQLWHVHQVRUZD6DV$OODK6WDDZDIURPWKHLPSXULWLHV 
RILGROV,GROVDUHLPSXUHLQWKHDEVWUDFWVHQVHDQGWKHDUHFRQVLGHUHGLPSXUHLIRQHWRXFKHVWKHP 
7KH H[SODQDWLRQ RI WKH SUHFHGLQJ YHUVH LV WKDW WKH DUH D WRRO RI 6DWDQ IRU WKH FDXVH HQPLW DQG 
KDWUHGDQGNHHSSHRSOHDZDIURPWKHUHPHPEUDQFHRI$OODKDQGSUDHU,Q6XEXODV6DODDPLWVDV 
7KHLU RULJLQ LV SXUH DQG WKHLU EHLQJ SURKLELWHG GRHV QRWPHDQ WKDW WKH REMHFW LWVHOI LV LPSXUH )RU 
H[DPSOH KDVKLVK LV SURKLELWHG EXW LW LV SXUH %XW VRPHWKLQJ LPSXUH LV QRW QHFHVVDULO SURKLELWHG 
(YHU LPSXUH WKLQJ LV SURKLELWHG EXW QRW YLFHYHUVD 7KDW LV EHFDXVH RI WKH UXOLQJ WKDW VRPHWKLQJ 
LPSXUHFDQQRWEHWRXFKHGXQGHUDQFLUFXPVWDQFHV,IDUXOLQJVDVWKDWVRPHWKLQJLVLPSXUHLWLVDOVR 
SURKLELWHG7KLVGLIIHUVIURPDUXOLQJWKDWVRPHWKLQJLVSURKLELWHG)RUH[DPSOHLWLVIRUELGGHQWRZHDU 
VLONDQGJROGEXWWKHDUHDEVROXWHOSXUHEFRQVHQVXV,IRQHXQGHUVWDQGVWKDWWKHQWKHSURKLELWLRQ 
RIDOFRKROGRHVQRWQHFHVVDULOHQWDLOLWVDOVREHLQJFRQVLGHUHGLPSXUHLWQHHGVVRPHRWKHUHYLGHQFH 
WRSURYHWKDWLWLVLPSXUH,IQRWWKHQZHDUHOHIWZLWKWKHRULJLQDOSRVLWLRQWKDWLWLVSXUH,IRQHFODLPV 
RWKHUWKDQWKDWKHPXVWVXEVWDQWLDWHLW 
)LTK3XULILQJWKHERGDQGFORWKHV 
,IWKHFORWKHVRUERGDUHFRQWDPLQDWHGZLWKLPSXULWLHVLWLVREOLJDWRUWRZDVKWKHPZLWKZDWHUXQWLO 
WKHDUHFOHDQVHGRIWKHLPSXULWLHV7KLVLVHVSHFLDOOWKHFDVHLIWKHLPSXULWLVYLVLEOHVXFKDVEORRG 
,IWKHUHDUHVRPHVWDLQVWKDWUHPDLQDIWHUZDVKLQJZKLFKZRXOGEHH[WUHPHOGLIILFXOWWRUHPRYHWKH 
FDQ EH RYHUORRNHG ,I WKHLPSXULWLVQRWYLVLEOHVXFKDVXULQHLWLVVXIILFLHQWWRZDVKLWRQHWLPH 

$VPDELQW$EX%DNUUHODWHGWKDWDZRPDQFDPHWRWKH3URSKHWXSRQZKRPEHSHDFHDQGVDLG2XU 
FORWKHVDUHFRQWDPLQDWHGZLWKPHQVWUXDOEORRG:KDWVKRXOGZHGRDERXWWKLV+HVDLG6FUDSHLW 
UXELWZLWKZDWHUSRXUZDWHURYHULWDQGWKHQSUDLQLW7KLVLVUHODWHGEDO%XNKDULDQG0XVOLP
,I 
LPSXULWLHVJHWRQWKHORZHUSRUWLRQRIDZRPDQ
VGUHVVLWLVSXULILHGEGXVWDVVKHWUDLOVDORQJ$ 
ZRPDQ VDLG WR 8PP 6DODPDK , KDYH D ORQJ GUHVV WKDW GUDJV RQ WKH JURXQG HYHQ ZKHQ , ZDON 
WKURXJK SODFHV WKDW FRQWDLQ ILOWK:KDW VKRXOG , GR DERXW LW 8PP 6DODPDK DQVZHUHG KHU 7KH 
0HVVHQJHURI$OODKVDLG
:KDWFRPHVDIWHULWSXULILHVLW
7KLVLVUHODWHGE$KPDGDQG$EX'DZXG 
)LTKD'RJV 
'RJVDUHFRQVLGHUHGLPSXUH$QFRQWDLQHUWKDWDGRJKDVOLFNHGPXVWEHZDVKHGVHYHQWLPHVWKHILUVW 
WLPH ZLWK GLUW $EX +XUDLUDK UHSRUWHG WKDW WKH0HVVHQDJHU RI $OODK XSRQ ZKRP EH SHDFH VDLG 
3XULILQJDFRQWDLQHUWKDWDGRJKDVOLFNHGLVGRQHEZDVKLQJLWVHYHQWLPHVWKHILUVWZDVKLQJEHLQJ 
ZLWK GLUW WKDW LV ZDWHU PL[HG ZLWK GLUW XQWLO LW EHFRPHV PXGG
7KLV ZDV UHODWHG E0XVOLP 
$KPDG$EX'DZXGDQGDO%DLKDTL,IDGRJOLFNVDSRWWKDWKDVGUIRRGLQLWZKDWLWWRXFKHGDQG 
ZKDWVXUURXQGVLWPXVWEHWKURZQDZD7KHUHPDLQGHUPDEHNHSWDVLWLVVWLOOSXUH$VIRUDGRJ
V 
IXULWLVFRQVLGHUHGSXUH 
)LTK3XULILQJWKHJURXQG 
,IWKHUHDUHLPSXULWLHVRQWKHJURXQGLWLVSXULILHGESRXULQJZDWHURYHULW7KLVLVSURYHQE$EX 
+XUDLUDK
V KDGLWKPHQWLRQHG HDUOLHU DERXW WKH EHGRXLQZKR XULQDWHG LQ WKHPRVTXH 7KH 3URSKHW 
XSRQZKRPEHSHDFHVDLGDOOWKDWQHHGHG WREHGRQHIRUSXULILFDWLRQZDVWRSRXUZDWHURYHULW6DLG 
$EX4XODEDK 7KH GULQJ RI WKH JURXQG LV LWV SXULILFDWLRQ 
$LVKDK VDLG 7KH SXULILFDWLRQ RI WKH 
JURXQGLVLWVEHFRPLQJGU5HODWHGE,EQ$EL6KDLEDK
7KLVRIFRXUVHUHIHUVWRWKHFDVHZKHUH 
WKHLPSXULWLVDOLTXLG,IWKHLPSXULWLVDVROLGWKHJURXQGZLOORQOEHFRPHSXUHELWVUHPRYDORU 
GHFD 
)LTKD3XULILQJFODULILHGEXWWHUDQGRWKHUVLPLODUVXEVWDQFHV 
,EQ
$EEDVUHODWHVIURP0DLPXQDKWKDWWKH3URSKHWXSRQZKRPEHSHDFHZDVDVNHGDERXWDPRXVH 
WKDWIHOOLQWRDSRWRIFODULILHGEXWWHU+HVDLG7DNHWKHPRXVH
DQGZKDWLVDURXQGLWRXWDQGWKURZ 
LWDZD7KHQHDWWKHUHVWRI
RXUFODULILHGEXWWHU7KLVLVUHODWHGEDO%XNKDUL 
RPPHQWLQJ RQ WKH VXEMHFW DO+DIH]K ,EQ +DMU VDV ,EQ 
$EGXO %DUU UHSRUWHG WKDW WKHUH LV 
DJUHHPHQWWKDWLIDGHDGDQLPDOIDOOVLQWRDVROLGPDWWHUZKDWWKHGHDGDQLPDOWRXFKHVDQGZKDWLV 
DURXQGLWPXVWEHWKURZQDZDSURYLGHGWKDWRQHFDQPDNHVXUHWKDWWKHDQLPDOGLGQRWWRXFKWKH 
LVODPPHVVDJHFRP
UHPDLQGHU$VIRUDOLTXLGVXEVWDQFHWKHUHLVVRPHGLIIHUHQFHRIRSLQLRQ7KHPDMRULWVDWKDWWKH 
HQWLUHOLTXLGEHFRPHVLPSXUHD]=XKULDO$X]D
LDQGVRPHRWKHUVGLVDJUHHZLWKWKDWRSLQLRQ 
)LTK3XULILQJWKHVNLQRIGHDGDQLPDOV 
7DQQLQJSXULILHVWKHVNLQDQGWKHIXURIDGHDGDQLPDO7KLVLVEDVHGRQWKHKDGLWKRI,EQ
$EEDVLQ 
ZKLFK WKH 3URSKHW VDLG ,I WKH DQLPDO
V VNLQ LV WDQQHG LW LV SXULILHG 5HODWHG E DO%XNKDUL DQG 
0XVOLP
)LTKD3XULILQJPLUURUVDQGVLPLODUREMHFWV 
0LUURUVNQLYHVVZRUGVQDLOVERQHVJODVVSDLQWHGSRWVDQGRWKHUVPRRWKVXUIDFHVWKDWKDYHQRSRUHV 
DUH SXULILHG E VLPSO ZLSLQJ WKHP DQG UHPRYLQJ DQ LPSXUH UHPDLQV 7KH FRPSDQLRQV RI WKH 
3URSKHWXVHGWRSUDZKLOHZHDULQJVZRUGVVPHDUHGZLWKEORRGDQGWKHXVHGWRMXVWZLSHWKHVZRUGV 
WRSXULIWKHP 
)LTKE3XULILQJVKRHV 
6KRHVPDEHSXULILHGEUXEELQJWKHPDJDLQVWWKHJURXQGDVORQJDVWKHUHPDLQVRIWKHLPSXULWDUH 
UHPRYHG$EX+XUDLUDKQDUUDWHGWKDWWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHVDLG,IRQHRI 
RXVWHSSHGLQVRPHILOWKWKHGLUWZLOOSXULIKLVVKRHV5HODWHGE$EX'DZXG,QDQRWKHUQDUUDWLRQ 
LWVWDWHV,IRQHRIRXVWHSVLQVRPHILOWKZLWKKLVVKRHVRQWKHGLUWZLOOSXULIWKHP$EX6D
HHG 
UHSRUWHGWKH3URSKHWXSRQZKRPEHSHDFHVDLQJ:KHQDSHUVRQFRPHVWRWKHPRVTXHKHVKRXOG 
ORRNDWKLVVKRHV,IKHILQGVDQILOWKRQWKHPKHVKRXOGZLSHWKHPDJDLQVWWKHJURXQGDQGSUDLQ 
WKHP 5HODWHG E $KPDG DQG $EX 'DZXG
6LQFH VKRHV DUH UHSHDWHGO H[SRVHG WR ILOWK LW LV 
VXIILFLHQWMXVWWRZLSHWKHPDJDLQVWWKHJURXQG7KLVLVVLPLODUWRWKHFDVHRIGHIHFDWLRQ,QIDFWLWLV 
VWURQJHUWKDQWKDWFDVHDVGHIHFDWLRQXVXDOORFFXUVRQOWZRRUWKUHHWLPHVDGD 
)LTKF8VHIXOSRLQWVWKDWDUHJUHDWOQHHGHGFRQFHUQLQJSXULILFDWLRQ 
5RSH XVHG IRU KDQJLQJ FORWKHV ZLWK LPSXULWLHV RQ WKHPPD DIWHUZDUGV EH XVHG IRU KDQJLQJ SXUH 
FORWKHV 
,IDOLTXLGIDOOVRQDSHUVRQDQGKHGRHVQRWNQRZLILWZDVZDWHURUXULQHKHQHHGQRWLQTXLUHDERXWLW 
,I KH GRHV LQTXLUH WKH RQHZKR LV DVNHG QHHG QRW DQVZHU KLP HYHQ LI KH NQRZV WKDW WKH OLTXLG LV 
LPSXUH,QWKDWFDVHWKHSHUVRQQHHGQRWZDVKKLVFORWKHV 
,IDSHUVRQILQGVVRPHWKLQJPRLVWRQKLVERGRUFORWKHVDWQLJKWDQGKHGRHVQRWNQRZZKDWLWLVKH 
QHHGQRWVPHOOLWWRGLVFRYHUZKDWLWPLJKWEH,WLVUHODWHGWKDW
8PDUSDVVHGEDJXWWHUDQGJRWZHW
8PDU
V FRPSDQLRQ DVNHG WKHRZQHU RI WKH JXWWHU LI WKH ZDWHU ZDV SXUH RU LPSXUH 
8PDU WROG WKH 
RZQHUQRWWRDQVZHUWKHTXHVWLRQDQGZHQWRQKLVZD 
ORWKHVWKDWKDYHVWUHHWPXGRQ WKHPQHHGQRWEHZDVKHG5HSRUWHG.DPDOLEQ=LDG,VDZ
$OL 
ZDGLQJWKURXJKWKHPXGDIWHUZKLFKKHHQWHUHGWKHPRVTXHDQGSUDHGZLWKRXWZDVKLQJKLVOHJV 
,IDSHUVRQILQLVKHVKLVSUDHUDQGVHHVVRPHLPSXULWLHVRQKLVFORWKHVRUERGRIZKLFKKHZDV QRW 
SUHYLRXVODZDUHRUKHZDVDZDUHRIWKHPEXWIRUJRWDERXWWKHPRUKHGLGQRWIRUJHWDERXWWKHPEXW 
KHZDVQRWDEOHWRUHPRYHWKHPWKHQKLVSUDHULVVWLOOYDOLGDQGKHQHHGQRWUHSHDWLW7KLVRSLQLRQLV 
VXSSRUWHG E $OODK
V VWDWHPHQW $QG WKHUH LV QR VLQ IRU RX LQ WKH PLVWDNHV RX PDNH 
XQLQWHQWLRQDOODO$K]DE
0DQRIWKHFRPSDQLRQVDQGWKRVHRIWKHIROORZLQJJHQHUDWLRQJDYH 
WKLVOHJDOYHUGLFW 
,IDSHUVRQFDQQRWGHWHUPLQHZKDWSDUWRIKLVFORWKHVFRQWDLQWKHLPSXULWKHVKRXOGZDVKWKHZKROH 
JDUPHQW 7KLV LV EDVHG RQ WKH D[LRP ,I DQ REOLJDWLRQ FDQQRW EH IXOILOOHG H[FHSW E SHUIRUPLQJ 
DQRWKHUUHODWHGDFWWKHQWKDWDFWDOVREHFRPHVREOLJDWRU 
,I D SHUVRQ PL[HV KLV SXUH FORWKHV ZLWK KLV LPSXUH FORWKHV DQG JHWV FRQIXVHG EHWZHHQ WKHP
KH 
VKRXOGLQYHVWLJDWHWKHPDWWHUDQGSUDRQFHLQRQHRIWKHFORWKHV7KLVLVVLPLODUWRWKHTXHVWLRQRIWKH 
H[DFWGLUHFWLRQRIWKHTLEODK,WGRHVQRWPDWWHULIWKHSURSRUWLRQRISXUHFORWKHVZDVODUJHRUVPDOO 
)LTK,WLVQRWSURSHUIRURQHWRFDUUVRPHWKLQJWKDWKDV$OODK
VQDPHXSRQLWZKLOHKHLVJRLQJ 
WRWKHEDWKURRP 
,WLVQRWSURSHUIRURQHWRFDUUVRPHWKLQJWKDWKDV$OODK
VQDPHXSRQLWXQOHVVKHLVDIUDLGRIORVLQJLW 
RUKDYLQJLWVWROHQ
ZKLOHKHLVJRLQJWRWKHEDWKURP$QDVUHODWHGWKDWWKH0HVVHQJHURI$OODKXSRQ 
ZKRPEHSHDFHKDGDULQJHQJUDYHGZLWK0XKDPPDG5DVRROXOODK0XKDPPDGWKH0HVVHQJHURI 
$OODK
ZKLFKKHZRXOGUHPRYHZKHQKHZHQWWRWKHEDWKURRP,EQ+DMUVDVWKDWWKLVKDGLWKLVPDOXO 
LVODPPHVVDJHFRP
D WSH RI ZHDN KDGLWK KDYLQJ D GHIHFW
DQG$EX'DZXG VDV LW LV P XQNDU VLQJXODUO UHODWHG E 
SHRSOHZKRDUHQRWWUXVWZRUWK
7KHILUVWSRUWLRQRIWKHKDGLWKLVDXWKHQWLFKRZHYHU 
)LTK+HVKRXOGPRYHDQGKLGHKLPVHOIIURPRWKHUVZKLOHJRLQJWRWKHEDWKURRP 
7KLVLVHVSHFLDOOWUXH LQWKHFDVHRIGHIHFDWLRQVRRWKHUVFDQQRWKHDUQR[LRXVVRXQGVRUVPHOOEDG 
RGRUV6DLG-DELU:HZHUHMRXUQHLQJZLWKWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHDQGKH 
ZRXOGRQOUHOLHYHKLPVHOIZKHQKHZDVRXWRIVLJKW7KLVLVUHODWHGE,EQ0DMDK
$EX'DZXG 
UHFRUGVWKDW:KHQKHZDQWHGWRUHOLHYHKLPVHOIKHZRXOGJRZKHUHQRRQHFRXOGVHHKLP+HDOVR 
UHODWHG:KHQWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHZHQWRXWKHZRXOGJRYHUIDUDZD 
)LTKD2QHVKRXOGPHQWLRQWKHQDPHRI$OODKDQGVHHNUHIXJHLQ+LPZKHQHQWHULQJWKHSULYRU 
UHPRYLQJKLVFORWKHVWRUHOLHYHKLPVHOI 
$QDVUHSRUWHGWKDWZKHQWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHHQWHUHGWKHSULYKHZRXOG 
VD ,Q WKH QDPH RI $OODK 2 $OODK , VHHN UHIXJH LQ RX IURPPDOH DQG IHPDOH QR[LRXV EHLQJV 
GHYLOV
7KLVLVUHODWHGEWKHJURXS 
)LTKE2QHVKRXOGQRWWDONZKHQJRLQJWRWKHEDWKURRP 
2QHVKRXOGQRWUHVSRQGWRDJUHHWLQJRUUHSHDWZKDWWKHFDOOHUWRSUDHULVVDLQJ+HPDVSHDNLI 
WKHUH LV VRPH QHFHVVLW LH WRJXLGHDEOLQGPDQZKRIHDUVKHPDEHKDUPHG
,IKHVQHH]HVKH 
VKRXOGSUDLVH$OODKWRKLPVHOIDQGVLPSOPRYHKLVOLSVZLWKRXWPDNLQJDVRXQG
,EQ
8PDUUHODWHG 
WKDWDPDQSDVVHGEWKH3URSKHWXSRQZKRPEHSHDFHDQGJUHHWHGKLPZKLOHKHWKH3URSKHW
ZDV 
XULQDWLQJ 7KH 3URSKHW GLG QRW UHWXUQ KLV JUHHWLQJ 7KLV LV UHODWHG E WKH JURXS H[FHSW IRU DO 
%XNKDUL
$EX6D
HHGUHSRUWHGWKDWKHKHDUGWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHVD,VQ
W 
LW WUXH WKDW$OODK GHWHVWV WKRVHZKR FRQYHUVH ZKLOH WKH UHOLHYH WKHPVHOYHV 7KLV ZDV UHODWHG E 
$KPDG$EX'DZXGDQG,EQ0DMDK 
7KLVKDGLWKVHHPVWRVXSSRUWWKHSRVLWLRQWKDWLWLVIRUELGGHQWRWDON0DQVFKRODUVKRZHYHUVDWKDW 
LWLVRQOGLVOLNHGQRWIRUELGGHQ 
)LTK2QHVKRXOGQHLWKHU IDFHQRUWXUQKLVEDFNRQWKHTLEODKZKLOHUHOLHYLQJKLPVHOI 
$EX+XUDLUDKUHSRUWHGWKDWWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHVDLG:KHQRQHRIRX 
UHOLHYHVKLPVHOIKHVKRXOGQHLWKHUIDFHWKHTLEODKQRUWXUQKLVEDFNRQLW7KLVZDVUHODWHGE$KPDG 
DQG0XVOLP 
7KHSURKLELWLRQLPSOLHVWKDWLWLVRQOGLVOLNHG$V,EQ
8PDUUHODWHGWKDWKHRQFHZHQWWR+DIVDK
V 
KRPHZKHUHKHVDZWKH0HVVHQJHURI$OODKUHOLHYLQJKLPVHOIZKLOHIDFLQJ6ULDZLWKKLVEDFNWRWKH 
.D
EDK7KLVLVUHODWHGEWKHJURXS 6RPHUHFRQFLOLDWHWKHVHKDGLWKEVDLQJWKDWLQWKHGHVHUWLWLV 
IRUELGGHQWRIDFHRUWXUQRQH
VEDFNRQWKH.D
EDKZKLOHLWLVSHUPLWWHGLQEXLOGLQJV6DLG0DUZDQDO 
$VJKDU,VDZ
8PDUVLWWLQJRQKLVVKHFDPHODQGIDFLQJWKHTLEODKZKLOHXULQDWLQJ, VDLG
2IDWKHU 
RI
$EGXUDKPDQLVWKLVQRWIRUELGGHQ
+HVDLG
HUWDLQOQRW7KLVKDVEHHQSURKLELWHGRQOLQ 
RSHQDUHDV,IWKHUHLVDEDUULFDGHRUVHSDUDWRU
EHWZHHQRXDQGWKHTLEODKWKHUHLVQRWKLQJZURQJ 
ZLWKLW 
7KLVLVUHODWHGE$EX'DZXG,EQ.KX]DLPDKDQGDO+DNLP,WVFKDLQLVKDVVDQDV,EQ+DMUVDLGLQ 
)DWKDO%DUL 
)LTKD2QHVKRXOGVHHNDVRIWDQGORZSLHFHRIJURXQGWRSURWHFWKLPVHOIIURPLPSXULWLHV 
$EX0XVDUHODWHGWKDWWKH0HVVHQJHURI$OODKFDPHWRDORZDQGVRIWSDUW RIWKHJURXQGDQGXULQDWHG 
+HWKHQVDLG:KHQRQHRIRXXULQDWHVKHVKRXOGFKRRVHWKHSURSHUSODFHWRGRVR 
7KLVLVUHODWHGE$KPDGDQG$EX'DZXG2QHRILWVQDUUDWRUVLVXQNQRZQEXWLWVPHDQLQJLVVRXQG 
)LTKE2QHVKRXOGQRWXVHDKROHLQWKHJURXQG 
4DWDGDKUHODWHGIURP
$EGXOODKLEQ6DUMDVZKRVDLG7KH0HVVHQJHURI$OODKIRUEDGHXULQDWLRQLQWRD 
KROH6DLG4DWDGDK:KDWLVGLVOLNHGDERXWXULQDWLQJLQWRDKROH6DLGKH,WLVWKHUHVLGHQFHRIWKH 
MLQQ 
7KLV KDGLWK LV UHODWHG E$KPDG DQ1DVD
L$EX'DZXG DO+DNLP DQG DO%DLKDTL ,EQ.KX]DLPDK 
DQG,EQDV6DNLQFODVVLILHGLWDVVDKLK 
)LTKF2QHVKRXOGDYRLGVKDGHGSODFHVDQGWKRVHSODFHVZKHUHSHRSOHZDONDQGJDWKHU 
$EX+XUDLUDKUHSRUWHGWKDWWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHVDLG%HZDUHRIWKRVHDFWV 
ZKLFKFDXVHRWKHUVWRFXUVH7KHDVNHG:KDWDUHWKRVHDFWV+HVDLG5HOLHYLQJRXUVHOILQWKH 
SHRSOH
VZDONZDVRULQWKHLUVKDGH7KLVKDGLWKLVUHODWHGE$KPDG0XVOLPDQG$EX'DZXG 
LVODPPHVVDJHFRP
)LTK2QHVKRXOGQRW XULQDWHLQEDWKLQJSODFHVRULQVWLOORUUXQQLQJZDWHU 

$EGXOODKLEQ0XJKDIIDOQDUUDWHGWKDWWKH3URSKHWVDLG1RQHRIRXVKRXOGXULQDWHLQDEDWKLQJSODFH 
DQGWKHQPDNHDEOXWLRQLQWKHZDWHU7KHPDMRULWRIZDVZDVFRPHVIURPWKDW7KLVLVUHODWHGEWKH 
ILYHEXWWKHVWDWHPHQWDQGWKHQPDNHDEOXWLRQLQLWZDVRQOUHODWHGE$KPDGDQG$EX'DZXG 
-DELU VDLG WKH 3URSKHW IRUEDGH XULQDWLQJ LQ VWLOO DV ZHOO DV UXQQLQJZDWHU 5HODWHG E$KPDG DQ 
1DVD
L DQG ,EQ 0DMDK
,Q 0DMPD D]=XZDLG LW VWDWHV 7KLV ZDV UHODWHG E DW7DEDUDQL DQG LWV 
QDUUDWRUVDUHWUXVWZRUWK 
,IWKHUHLVDGUDLQLQWKHEDWKLQJSODFHLWLVSHUPLVVLEOHWRXULQDWHLQWRLW 
)LTKD2QHPDQRWXULQDWHZKLOHVWDQGLQJ 
,IDSHUVRQFDQJXDUDQWHHWKDWQRLPSXULWLHVZLOOWRXFKKLVFORWKHVLWLVSHUPLVVLEOHWRXULQDWHZKLOH 
VWDQGLQJ 6DLG 
$LVKDK ,I VRPHRQH UHODWHV WR RX WKDW WKH 0HVVHQJHU RI $OODK XULQDWHG ZKLOH 
VWDQGLQJ GR QRW EHOLHYH KLP+H RQO XULQDWHG ZKLOH VLWWLQJ 7KLV KDGLWK LV UHODWHG E WKH ILYH 
H[FHSWIRU$EX'DZXG$W7LUPL]KL
VFRPPHQWLV,WLVWKHEHVWWKLQJUHODWHGRQWKLVSRLQWDQGLWLV 
WKHPRVWDXWKHQWLF 
2QH VKRXOG QRW IRUJHW WKDW ZKDW 
$LVKDK VDLG LV EDVHG RQ WKH NQRZOHGJH WKDW VKH KDG+X]KDLIDK 
UHODWHVWKDWWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHZHQWWRDSXEOLFJDUEDJHGXPSDQGXULQDWHG 
ZKLOH VWDQGLQJ +X]KDLIDK ZHQW DZD DQG WKH 3URSKHW WKHQ FDOOHG KLP RYHU 7KH 3URSKHW PDGH 
DEOXWLRQDQGZLSHGRYHUKLVVKRHV7KLVLVUHODWHGEWKHJURXS 
RPPHQWLQJ XSRQ WKH LVVXH DQ1DZDZL VDV 7R XULQDWH ZKLOH VLWWLQJ LV PRVW GHVLUDEOH LQ P 
RSLQLRQ EXW WR GR VR VWDQGLQJ LV SHUPLVVLEOH %RWK DFWV DUH FRQILUPHG E WKH0HVVHQJHU RI $OODK 
XSRQZKRPEHSHDFH 
)LTKE2QHPXVWUHPRYHDQLPSXULWLHVIURPKLVFORWKHVDQGERG 
7RGRVRKHFDQXVHDURFNVWRQHRUDQRWKHUSXUHPDWWHU2QHPDXVHRQOZDWHUWRFOHDQWKHDUHD 
RUDQFRPELQDWLRQVRISXULILQJDJHQWV
$LVKDKUHSRUWHGWKDWWKH0HVVHQJHURI$OODKXSRQZKRPEH 
SHDFH VDLG:KHQ RQH RI RX JRHV WR UHOLHYH KLPVHOIKHVKRXOGFOHDQKLPVHOIZLWKWKUHHVWRQHV 
5HODWHGE$KPDGDQ1DVD
L$EX'DZXGDQGDG'DUDTXWQL
$QDVUHODWHGWKDWWKH0HVVHQJHURI$OODKZRXOGHQWHUWKHSULYDQGWKDW$QDVDQGDQRWKHUERZRXOG 
FDUUWKHZDWHUFRQWDLQHUDQGVSHDUIRUKLP7KH3URSKHWZRXOGFOHDQKLPVHOIZLWKZDWHU5HODWHGE 
DO%XNKDULDQG0XVOLP
,EQ
$EEDVUHODWHGWKDWWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHSDVVHGEWZRJUDYHVDQGVDLG 
7KHDUHEHLQJSXQLVKHG%XWWKHDUHQRWEHLQJSXQLVKHGIRUDJUHDWPDWWHURQWKHLUSDUW
2QHRI 
WKHPGLG QRWFOHDQKLPVHOIIURPXULQHDQGWKHRWKHUXVHGWRVSUHDGVODQGHU5HODWHGEWKHJURXS
$QDV DOVR UHODWHG WKH 3URSKHW DV VDLQJ 3XULI RXUVHOYHV IURP XULQH DVPRVW SXQLVKPHQW LQ WKH 
JUDYHLVGXHWRLW 
)LTK2QHVKRXOGQRWFOHDQKLPVHOIZLWKKLVULJKWKDQG 

$EGXUDKPDQ LEQ =DLG UHODWHG WKDW 6DOPDQZDV DVNHG RXU3URSKHW WHDFKHV RX HYHUWKLQJ HYHQ 
KRZ WR UHOLHYH RXUVHOYHV 6DOPDQ VDLG HUWDLQO +H IRUEDGHXVIURPIDFLQJWKHTLEODKZKLOH 
GRLQJ VR IURP FOHDQLQJ RXUVHOYHV ZLWK RXU ULJKW KDQG DQG IURP FOHDQLQJ RXUVHOYHV ZLWK OHVV WKDQ 
WKUHHVWRQHV:HDOVRVKRXOGQRWXVHDQLPSXUHVXEVWDQFHRUDERQHWRFOHDQRXUVHOYHV5HODWHGE 
0XVOLP$EX'DZXGDQGDW7LUPL]KL
+DIVDKUHSRUWHG7KH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHUHVHUYHGKLVULJKWKDQGIRUHDWLQJ 
GULQNLQJSXWWLQJRQKLVFORWKHVWDNLQJDQGJLYLQJ+HXVHGKLVOHIWKDQGIRURWKHUDFWLRQV5HODWHG 
E$KPDG$EX'DZXG,EQ0DMDK,EQ+LEEDQDO+DNLPDQGDO%DLKDTL
)LTKD2QHVKRXOGUHPRYHDQEDGVPHOOIURP KLVKDQGVDIWHUFOHDQLQJKLPVHOI 
$EX+XUDLUDKVDLG:KHQWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHUHOLHYHGKLPVHOI,XVHGWR 
EULQJ KLP D FRQWDLQHU RI ZDWHU +H ZRXOG FOHDQVH KLPVHOI WKHQ UXE KLV KDQGV DJDLQVW WKH VRLO 
5HODWHGE$EX'DZXGDQ1DVD
LDO%DLKDTLDQG,EQ0DMDK
)LTKE2QHVKRXOGVSULQNOHKLVSHQLVDQGXQGHUZHDUZLWKZDWHUDIWHUXULQDWLRQ 
0DNHVXUHWKDWKHKDVFOHDQVHGKLPVHOI,IRQHILQGVVRPHGDPSQHVVLQKLVFORWKHVDIWHUVRGRLQJKH 
FDQFRQWHQWKLPVHOIEVDLQJ7KDWLV MXVWZDWHU7KLVLVEDVHGRQWKHKDGLWKUHODWHGEDO+DNLP 
LEQ6XIDQRU6XIDQLEQDO+DNLPZKRVDLG:KHQWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFH 
XULQDWHGKHZRXOGZDVKDQGVSULQNOHKLVSHQLV
,QDQRWKHUQDUUDWLRQLWVWDWHV,VDZWKH0HVVHQJHU 
LVODPPHVVDJHFRP
RI$OODKXULQDWHDIWHUZKLFKKHVSULQNOHGZDWHURYHUKLVSHQLV,EQ
8PDUXVHGWRVSULQNOHKLVSHQLV 
XQWLOKLVXQGHUZHDUEHFDPHZHW 
)LTKF(QWHULQJWKHEDWKURRP 
2QHVKRXOGHQWHUWKHEDWKURRPRUDSULYZLWKKLVOHIWIRRWDQGH[LWZLWKKLVULJKWIRRWVDLQJ2 
$OODK,VHHNRXUIRUJLYHQHVV
$LVKDKUHODWHGWKDWZKHQWKH0HVVHQJHURI$OODKOHIWWKHEDWKURRP 
KHZRXOGVDWKLVVXSSOLFDWLRQ5HODWHGEWKHILYHH[FHSWIRUDQ1DVD
L
:KDW
$LVKDKVWDWHGLVWKH 
VRXQGHVWVWDWHPHQWRQWKLVWRSLF,WLVUHODWHGWKURXJKDQXPEHURIZHDNFKDLQVWKDWWKH3URSKHWXSRQ 
ZKRPEHSHDFHXVHGWRVD3UDLVHEHWR$OODKZKRPDGHWKHILOWKOHDYHPHDQGZKRKDVJLYHQPH 
KHDOWK DQG 3UDLVH EH WR$OODKZKR OHWPHHQMRLWNHSWIRUPHLWVHQHUJDQGUHOLHYHGPHRILWV 
KDUP 
)LTK$FWVWKDWFRUUHVSRQGWRWKH1DWXUHRI0DQNLQG 
$OODK KDV FKRVHQ FHUWDLQ DFWV IRU DOO RI +LV SURSKHWV DQG WKHLU IROORZHUV WR SHUIRUP 7KHVH DFWV 
GLVWLQJXLVKWKHPIURPWKHUHVWRIPDQNLQGDQGDUHNQRZQDVVXQDQDOILWUDWKH DFWVWKDWFRUUHVSRQG 
WRWKHQDWXUHRIPDQNLQG
)LTKDLUFXPFLVLRQ 
7KLVSUHYHQWVGLUWIURPJHWWLQJRQRQH
VSHQLVDQGDOVRPDNHVLWHDVWRNHHSLWFOHDQ)RUZRPHQLW 
LQYROYHVFXWWLQJWKHRXWHUSRUWLRQRIWKHFOLWRULV$EX+XUDLUDKUHSRUWHGWKDW WKH0HVVHQJHURI$OODK 
VDLG ,EUDKLP FLUFXPFLVHG KLPVHOI DIWHU KH ZDV HLJKW HDUV ROG 5HODWHG E DO%XNKDUL
0DQ 
VFKRODUVVDWKDWLWLVREOLJDWRU
Ì7KH6KDI
LDKPDLQWDLQWKDWLWVKRXOGEHGRQHRQWKHVHYHQWKGD 
6DVDVK6KDXNDQL7KHUHLVQRWKLQJWKDWVWDWHVH[SOLFLWOLWVWLPHRULQGLFDWHVWKDWLWLVREOLJDWRU 
)LTKE6KDYLQJSXELFKDLUVDQGSXOOLQJRXWXQGHUDUPKDLUV 
7KHDUHWZRVXQDQDFWV,IWKHKDLULVRQOWULPPHGRUSXOOHGRXWLWZLOOVXIILFH 
)LTKFOLSSLQJRQH
VILQJHUQDLOVWULPPLQJDQGVKDYLQJKLVPRXVWDFKH 
,EQ 
8PDU UHODWHG WKDW WKH0HVVHQJHU RI $OODK VDLG 'LIIHU IURP WKH SROWKHLVWV OHW RXU EHDUGV 
JURZ
DQGVKDYHRXUPRXVWDFKH5HODWHGEDO%XNKDULDQG0XVOLP
$EX+XUDLUDKUHSRUWHGWKDW 
WKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHVDLG)LYHWKLQJVDUHSDUWRIRQH
VILWUD6KDYLQJWKH 
SXELFKDLUVFLUFXPFLVLRQWULPPLQJWKHPRXVWDFKHUHPRYLQJWKHKDLUXQGHUWKHDUPVDQGWULPPLQJ 
WKH QDLOV 5HODWHG E WKH JURXS
,W GRHV QRW PHQWLRQ ZKLFK RQH ZRXOG VSHFLILFDOO IXOILOO WKH 
VXQQDK2QH VKRXOGPDNH VXUH WKDW KLVPRXVWDFKH LV QRW VR ORQJ WKDW IRRGSDUWLFOHVGULQNDQGGLUW 
DFFXPXODWHLQLW=DLGLEQ$UTDPUHODWHGWKDWWKH3URSKHWXSRQZKRPEHSHDFHVDLG:KRHYHUGRHV 
QRWWDNHRII
VRPHRIKLVPRXVWDFKHLVQRWRQHRIXV5HODWHGE$KPDGDQ1DVD
LDQGDW7LUPL]KL 
ZKRFODVVLILHGLWDVVDKLK
,WLVSUHIHUUHGWRFXWWKHSXELFKDLUVSOXFNRXWWKHXQGHUDUPKDLUVFXWWKH 
QDLOVDQGWULPWKHPRXVWDFKHRQDZHHNOEDVLVDSUDFWLFHZKLFKLVPRVWKJHQLF ,IVRPHXQQHFHVVDU 
KDLU LV OHIW RQ WKH ERG IRU D ORQJHU SHULRG RI WLPH LWPD GLVWXUE WKH SHUVRQ2QHPD OHDYH WKLV 
DFWLRQIRUIRUWGDVEXWQRORQJHU6DLG$QDV7KHWLPHSHULRGIRUXVWRWULPWKHPRXVWDFKHFXWWKH 
QDLOVSOXFNRXWWKHXQGHUDUPKDLUVDQGFXWWKHSXELFKDLUVZDVIRUWQLJKWV5HODWHGE$KPDG$EX 
'DZXGDQGRWKHUV
)LTK/HWWLQJRQH
VEHDUGJURZDQGEHFRPHWKLFN 
7KLVLVDIHDWXUHRIGLJQLW,WVKRXOGQRWEHFXWVRVKRUWWKDWLWDSSHDUVOLNHDVKDYHGEHDUGQRUVKRXOG 
LWEH OHIWVRORQJWKDWLWEHFRPHVXQWLG,WLVDOVRDVLJQRIPDQKRRG6DVDO%XNKDUL:KHQHYHU,EQ 

8PDUPDGHWKHKDMMRU
XPUDKKHZRXOGKROGKLVEHDUGLQKLVILVWDQGZKDWHYHUH[FHHGHGKLVILVWKH 
ZRXOGFXWRII 
)LTKD2LOLQJDQGFRPELQJRQH
VKDLU 
$EX+XUDLUDKUHSRUWHGWKH3URSKHWXSRQZKRPEHSHDFHDVVDLQJ:KRHYHUKDVKDLUVKRXOGKRQRU 
LW5HODWHGE$EX'DZXG
6DLG
$WDLEQDVDU$PDQFDPHWRWKH3URSKHWZLWKXQNHPSWKDLUDQGDQXQWLGEHDUG7KH3URSKHW 
SRLQWHGWRKLPDVLIRUGHULQJKLPWRVWUDLJKWHQKLVKDLUDQGEHDUG+HGLGVRDQGUHWXUQHG7KHUHXSRQ 
WKH3URSKHWREVHUYHG
,VWKDWQRWEHWWHUWKDQRQHRIRXFRPLQJZLWKKLVKDLUXQNHPSWDVLIKHZHUHD 
GHYLO
5HODWHGE0DOLN
$EX4DWDGDKUHODWHGWKDWKHKDGDJUHDWDPRXQW RIKDLU+HDVNHGWKH3URSKHW20HVVHQJHURI$OODK 
,KDYHORWVRIKDLU6KRXOG,FRPELW+HDQVZHUHGHVDQGKRQRULW$EX4DWDGDKXVHGWRRLOLW 
WZLFHDGDGXHWRWKH3URSKHW
VZRUGVDQGKRQRULW 
LVODPPHVVDJHFRP
XWWLQJRQH
VKDLURIILVSHUPLVVLEOHDQGVRLVOHWWLQJLWJURZLIRQHKRQRUVLW,EQ
8PDUQDUUDWHGWKDW 
WKH3URSKHWXSRQZKRPEHSHDFHVDLG6KDYHLWDOORUOHDYHLWDOO5HODWHGE$KPDG0XVOLP 
$EX'DZXGDQGDQ1DVD
L
7RVKDYHSDUWRILWDQGOHDYHSDUWRILWLVJUHDWOGLVOLNHG1DID
UHODWHG 
IURP,EQ
8PDUWKDWWKH0HVVHQJHURI$OODKSURKLELWHGTL]D
1DID
DVNHG:KDWLVTL]D
+HVDLG 
,WLVWRVKDYHRIISDUWRIWKHKDLURIDRXWKDQGWROHDYHSDUW$O%XNKDULDQG0XVOLP
)LTK/HDYLQJJUHKDLUVLQSODFH 
7KLVDSSOLHVWRERWKPHQDQGZRPHQ
$PULEQ6KX
DLEUHODWHGRQWKHDXWKRULWRIKLVIDWKHUIURPKLV 
JUDQGIDWKHUWKDWWKH3URSKHWVDLG'RQRWSOXFNWKHJUHKDLUVDVWKHDUHD0XVOLP
VOLJKW1HYHUD 
0XVOLPJURZVJUHLQ,VODPH[FHSWWKDW$OODKZULWHVIRUKLPGXHWRWKDWDJRRGGHHG$QGKHUDLVHV 
KLPDGHJUHH$QGKHHUDVHVIRUKLPGXHWRWKDWRQHRIKLVVLQV5HODWHGE$KPDG$EX'DZXG 
DW7LUPL]KLDQ1DVD
LDQG,EQ0DMDK
$QG$QDVVDLG:HXVHGWRKDWHWKDWDPDQVKRXOGSOXFNRXW 
KLVZKLWHKDLUVIURPKLVKHDGRUEHDUG5HODWHGE0XVOLP
)LTKDKDQJLQJWKHFRORURIJUHKDLUEXVLQJKHQQDUHGGHHOORZGHDQGVRRQ 
$EX+XUDLUDKUHSRUWHGWKDWWKH3URSKHWXSRQZKRPEHSHDFHVDLG7KH-HZVDQGKULVWLDQVGRQRW 
GHVRGLIIHUIURPWKHP5HODWHGEWKHJURXS
$EX=KDUUUHSRUWHGWKDWWKH0HVVHQJHURI$OODK 
VDLG7KHEHVWWKLQJWKDWRQHFDQXVHWRFKDQJHWKHFRORURIJUHKDLUVLVKHQQDDQGNDWPDUHGGLVK 
GH
5HODWHGEWKHILYH
7KHUH DUH VRPH QDUUDWLRQV WKDW VWDWH WKDW GLQJ LV GLVOLNHG EXW LW LV REYLRXV WKDW WKHVH QDUUDWLRQV 
FRQIOLFWZLWKWKHVXQQDKDQGFXVWRP,WLVUHODWHGIURPVRPHRIWKHFRPSDQLRQVWKDWLWLVEHWWHUQRWWR 
GHZKLOHRWKHUVVDLWLVEHWWHUWRGRLW6RPHXVHGDHOORZGHZKLOHRWKHUVXVHGKHQQDRUNDWP 
2WKHUVXVHGVDIIURQDQGDJURXSRIWKHPXVHGDEODFNGH,EQ+DMUPHQWLRQHGLQ)DWKDO%DULWKDWD] 
=XKULVDLG:HXVHGEODFNGHLIRXUIDFHZDVRXWKIXOEXWLIZULQNOHVZHUHSUHVHQWDQGWKHWHHWK 
ZHUH JRQHZHZRXOG QRW XVH LW 6DLG -DELU$EX4XKDIDK$EX%DNU
VIDWKHU
ZDVEURXJKWWRWKH 
3URSKHW GXULQJ WKH FRQTXHVW RI0DNNDK ZKLOH KLV KHDG ZDV ZKLWH 7KH 3URSKHW XSRQZKRP EH 
SHDFHVDLG7DNHKLPWRRQHRIKLVZLYHVDQGOHWKHUFKDQJHWKHFRORURIKLVKDLUZLWKVRPHWKLQJEXW 
VKH VKRXOG DYRLG PDNLQJ KLV KDLU
EODFN 5HODWHG E WKH JURXS H[FHSW IRU DO%XNKDUL DQG DW 
7LUPL]KL
7KLVGHDOWZLWKDFHUWDLQLQFLGHQWDQGFDQQRWEHJHQHUDOL]HG)XUWKHUPRUHEODFNZRXOGQRW 
EHSURSHUIRUVRPHRQHDVROGDV$EX4XKDIDK 
)LTK7RXVHPXVNDQGRWKHUWSHVRISHUIXPH 
7KHVHDUHSOHDVLQJWRWKHVRXODQGEHDXWLIWKHDWPRVSKHUH$QDVUHSRUWHGWKH0HVVHQJHURI$OODKDV 
VDLQJ$PRQJWKHWKLQJVRIWKLVZRUOG,ORYHZRPHQDQGSHUIXPHDQGWKHFRROQHVVRIPHHVLV 
SUDHU5HODWHGE$KPDGDQGDQ1DVD
L
$EX+XUDLUDKUHSRUWHGWKDWWKH0HVVHQJHURI$OODKVDLG 
,IVRPHRQHRIIHUVSHUIXPHGRQRWUHMHFWLWIRULWLVOLJKWWRFDUUDQGKDVDVZHHWVFHQW5HODWHGE 
0XVOLPDQ1DVD
LDQG$EX'DZXG
$EX6D
HHGUHSRUWHGWKDWWKH3URSKHWVDLGDERXW PXVN,WLVWKH 
EHVWRISHUIXPHV5HODWHGEWKHJURXSH[FHSWIRUDO%XNKDULDQG,EQ0DMDK
1DID
QDUUDWHGWKDW,EQ
8PDUXVHGWREXUQDQGLQKDOHDEUDQFKFDOOHGDOXZDKWKDWKDVDQLFHVPHOO+H 
DOVRXVHGFDPSKRU+HXVHGWRVD7KLVLVWKHZDWKH0HVVHQJHURI$OODKLQKDOHGVXFKVFHQWVWKDW 
LVEEXUQLQJWKHP
5HODWHGE0XVOLPDQGDQ1DVD
L
)LTK$EOXWLRQPHDQVWRZDVKRQH
VIDFHKDQGVDUPVKHDGDQGIHHWZLWKZDWHU 
)LTKD3DUWRI,VODPLFODZ 
7KLVLVSURYHQIURPWKHWKUHHPDMRUVRXUFHVRI,VODPLFODZ 
 7KH4XU
DQ6DV$OODKLQWKH4XU
DQ2RXZKREHOLHYHZKHQRXULVHIRUSUDHUZDVKRXU 
IDFHVDQGRXUKDQGVXSWRWKHHOERZVDQGOLJKWOUXERXUKHDGVDQGZDVK
RXUIHHWXSWRWKHDQNOHV 
DO0DL
GDK
7KH6XQQDK$EX+XUDLUDKUHSRUWHGWKDWWKH0HVVHQJHURI$OODKVDLG$OODKGRHVQRWDFFHSWWKH 
SUDHURIRQHZKRQXOOLILHGKLVDEOXWLRQXQWLOKHSHUIRUPVLWDJDLQ5HODWHGEDO%XNKDUL0XVOLP 
$EX'DZXGDQGDW7LUPL]KL
7KHRQVHQVXV 7KHUH LV D FRQVHQVXV RI VFKRODUO RSLQLRQ WKDW DEOXWLRQ LV SDUW RI ,VODPLF ODZ 
7KHUHIRUHLWLVDUHFRJQL]HGIDFWRIWKHUHOLJLRQ 
)LTKE,WVYLUWXHV 
0DQKDGLWKVWDWHWKHYLUWXHVRIDEOXWLRQ:HVKDOOPHQWLRQMXVWDIHZ 
LVODPPHVVDJHFRP
$EGXOODKLEQDV6XQQDELMLVWDWHGWKDWWKH 0HVVHQJHURI$OODKVDLG:KHQDVODYHPDNHVDEOXWLRQ 
DQGULQVHVKLVPRXWKKLVZURQJGHHGVIDOOIURPLW$VKHULQVHVKLVQRVHKLVZURQJGHHGVIDOOIURPLW 
:KHQ KHZDVKHV KLV IDFH KLV ZURQJ GHHGV IDOO IURP LW XQWLO WKH IDOO IURP EHQHDWK KLV HHODVKHV 
:KHQ KH ZDVKHV KLV KDQGV KLV ZURQJ GHHGV IDOO IURP WKHP XQWLO WKH IDOO IURP EHQHDWK KLV 
ILQJHUQDLOV:KHQKHZLSHVKLVKHDGKLVZURQJGHHGVIDOOIURPLWXQWLOWKHIDOOIURPKLVHDUV:KHQ 
KHZDVKHVKLVIHHWKLVZURQJGHHGVIDOOIURPWKHPXQWLOWKHIDOOIURPEHQHDWKKLVWRHQDLOV7KHQKLV 
ZDONLQJWRWKHPRVTXHDQGKLVSUDHUJLYHKLPH[WUDUHZDUG5HODWHGE0DOLNDQ1DVD
L,EQ0DMDK 
DQGDO+DNLP
$QDVUHSRUWHGWKDWWKH0HVVHQJHURI$OODKVDLG,IJRRGFKDUDFWHULVWLFVH[LVWLQDSHUVRQ$OODK 
PDNHVDOORIKLVDFWVJRRG,IDSHUVRQSXULILHVKLPVHOIIRUSUDHUKHH[SLDWHVDOORIKLVVLQVDQGKLV 
SUDHULVFRQVLGHUHGDQH[WUDUHZDUGIRUKLP5HODWHGE$EXD
ODDO%D]]DUDQGDW7DEDUDQLLQDO 
$XVDW
$EX+XUDLUDKUHSRUWHGWKDWWKH0HVVHQJHURI$OODKVDLG
6KDOO,LQIRUPRXRIDQDFW
EZKLFK 
$OODK HUDVHV VLQV DQG UDLVHV GHJUHHV 7KH VDLG HUWDLQO 2 0HVVHQJHU RI $OODK +H VDLG 
3HUIHFWLQJWKHDEOXWLRQXQGHUGLIILFXOWFLUFXPVWDQFHVWDNLQJPDQVWHSVWRWKHPRVTXHDQGZDLWLQJ 
IRU WKH QH[W
SUDHU DIWHU WKH ODVW
SUDHU KDV EHHQ SHUIRUPHG 7KDW LV ULEDW 5HODWHG E0DOLN 
0XVOLPDW7LUPL]KLDQGDQ1DVD
L
$EX+XUDLUDKDOVRUHSRUWHGWKDWWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHSDVVHGEDJUDYH 
VLWHDQGVDLG3HDFHEHXSRQRX2KRPHRIEHOLHYLQJSHRSOH$OODKZLOOLQJZHVKDOOPHHWRXVRRQ 
DOWKRXJK , ZLVK , FRXOG VHHP EURWKHUV 7KH DVNHG$UHZHQRWRXUEURWKHUV20HVVHQJHURI 
$OODK+HVDLGRXDUHPFRPSDQLRQV0EURWKHUVDUHWKHRQHVZKRZLOOFRPHDIWHUXV
7KH 
VDLG+RZZLOORXNQRZWKHSHRSOHRIRXUQDWLRQZKRZLOOFRPHDIWHURX20HVVHQJHURI$OODK 
+HVDLG,IDPDQKDVDJURXSRIKRUVHVZLWKZKLWHIRUHORFNVDPLGVWDJURXSRIKRUVHVZLWKEODFN 
IRUHORFNV ZLOO KH UHFRJQL]H KLV KRUVHV 7KH VDLG HUWDLQO 20HVVHQJHU RI $OODK +H VDLG 
7KHPEURWKHUV
ZLOOFRPHZLWKZKLWHVWUHDNVIURPWKHLUDEOXWLRQVDQG,ZLOOUHFHLYHWKHPDWP 
FLVWHUQ%XWWKHUHZLOOEHVRPHZKRZLOOEHGULYHQDZDIURPPFLVWHUQDVDVWUDFDPHOLVGULYHQ 
DZD,ZLOOFDOOWKHPWRFRPH,WZLOOEHVDLG
7KHFKDQJHGPDWWHUVDIWHURX
WKHQ,ZLOOVD
%H 
RIIEHRII
5HODWHGE0XVOLP
)LTK7KHREOLJDWRUSDUWVRIWKHDEOXWLRQ 
$EOXWLRQKDVFHUWDLQFRPSRQHQWVZKLFKLIQRWIXOILOOHGDFFRUGLQJWRWKHFRUUHFW,VODPLFSURFHGXUHV 
PDNHRQH
VDEOXWLRQYRLG 
)LTKD,QWHQWLRQ 
7KLVLVWKHGHVLUHWRGRWKHDFWLRQDQGWRSOHDVH$OODKEIROORZLQJ+LVFRPPDQG,WLVSXUHODQDFWRI 
WKHKHDUWIRUWKHWRQJXHYHUEDOSURQRXQFHPHQWDQGVRRQ
KDVQRWKLQJWRGRZLWKLW7RSURQRXQFHLW 
LVQRWSDUWRIWKH,VODPLFODZ7KDWWKHLQWHQWLRQLVREOLJDWRULVVKRZQLQWKHIROORZLQJ
8PDUUHODWHG 
WKDWWKH3URSKHWXSRQZKRPEHSHDFHVDLG(YHUDFWLRQLVEDVHGRQWKHLQWHQWLRQEHKLQGLW
DQG 
HYHURQHVKDOOKDYHZKDWKHLQWHQGHG5HODWHGEWKHJURXS
)LTKE:DVKLQJWKHIDFH 
7KLVLQYROYHVSRXULQJRUUXQQLQJZDWHUIURPWKHWRSRIWKHIRUHKHDGWRWKHERWWRPRIWKHMDZVDQG 
IURPRQHHDUWRWKHRWKHU 
)LTKF:DVKLQJWKHDUPVWRWKHHOERZ 
7KHHOERZVPXVWEHZDVKHGIRUWKH3URSKHWXSRQZKRPEHSHDFHGLGVR 
)LTKG:LSLQJWKHKHDG 
7KLVPHDQVWRZLSHRQH
VKHDGZLWKKLVKDQG,WLVQRWVXIILFLHQWMXVWWRSODFHWKHKDQGRQWKHKHDGRU 
WRWRXFKWKHKHDGZLWKDZHWILQJHU7KHDSSDUHQW PHDQLQJRIWKH4XU
DQLFZRUGVDQGZLSHRYHU 
RXU KHDGV GRHV QRW LPSO WKDW DOO RI WKH KHDG QHHGV WR EH ZLSHG ,W KDV EHHQ UHFRUGHG WKDW WKH 
3URSKHWXVHGWRZLSHKLVKHDGWKUHHGLIIHUHQWZDV 
 :LSLQJDOORIKLVKHDG
$EGXOODKLEQ=DLGUHSRUWHGWKDWWKH3URSKHWXSRQZKRPEHSHDFHZLSHG 
KLVHQWLUHKHDGZLWKKLVKDQGV+HVWDUWHGZLWKWKHIURQWRIKLVKHDGWKHQPRYHGWRWKHEDFNDQGWKHQ 
UHWXUQHGKLVKDQGVWRWKHIURQW5HODWHGEWKHJURXS
:LSLQJ RYHU WKH WXUEDQ RQO 6DLG 
$PUX LEQ8PDDK , VDZ WKH0HVVHQJHU RI$OODK XSRQ 
ZKRP EH SHDFH ZLSH RYHU KLV WXUEDQ DQG VKRHV 5HODWHG E$KPDG DO%XNKDUL DQG ,EQ0DMDK
LVODPPHVVDJHFRP
%LODOUHSRUWHGWKDWWKH3URSKHWXSRQZKRPEHSHDFHVDLG:LSHRYHURXUVKRHVDQGKHDGFRYHULQJ 
5HODWHGE$KPDG
8PDURQFHVDLG0D$OODKQRWSXULIWKHRQHZKRGRHVQRWFRQVLGHUZLSLQJ 
RYHUWKHWXUEDQWREHSXULILQJ0DQKDGLWKKDYHEHHQUHODWHGRQWKLVWRSLFEDO%XNKDUL0XVOLP 
DQGRWKHUV0RVWRIWKHVFKRODUVDJUHHZLWKWKHP 
:LSLQJRYHUWKHIURQWSRUWLRQRIWKHVFDOSDQGWKHWXUEDQ 
$O0XJKLUDKLEQ6KX
EDKVDLGWKDWWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHPDGHDEOXWLRQDQG 
ZLSHG RYHU WKH IURQW SRUWLRQ RI KLV VFDOS KLV WXUEDQ DQG KLV VRFNV 5HODWHG E0XVOLP
7KHUHLV 
KRZHYHU QR VWURQJ KDGLWKWKDW KH ZLSHG RYHU SDUW RI KLV KHDG HYHQ WKRXJK DO0D
LGDK DSSDUHQWO 
LPSOLHVLW,WLVDOVRQRWVXIILFLHQWMXVWWRZLSHRYHUORFNVRIKDLUWKDWSURFHHGIURPWKHKHDGRUDORQJ 
WKHVLGHVRIWKHKHDG 
)LTK:DVKLQJWKHIHHWDQGWKHKHHOV 
7KLVKDVEHHQFRQILUPHGLQPXWDZDWLUFRQWLQXRXV
UHSRUWVIURPWKH3URSKHWXSRQZKRPEHSHDFH 
FRQFHUQLQJKLVDFWLRQVDQGVWDWHPHQWV,EQ
8PDUVDLG7KH3URSKHWODJJHGEHKLQGXVLQRQHRIRXU 
WUDYHOV+HFDXJKWXSZLWKXVDIWHUZHKDGGHODHGWKHDIWHUQRRQSUDHU:HVWDUWHGWRPDNHDEOXWLRQ 
DQGZHUHZLSLQJRYHURXUIHHWZKHQWKH3URSKHWVDLG
:RHWRWKHKHHOVVDYHWKHPIURPWKH+HOOILUH
 
UHSHDWLQJLWWZRRUWKUHHWLPHV5HODWHGEDO%XNKDULDQG0XVOLP
1HHGOHVVWRVDWKHSUHFHGLQJREOLJDWLRQVDUHWKHRQHVWKDW$OODKKDVPHQWLRQHGLQDO0D
LGDK
)LTKD)ROORZLQJWKHSUHVFULEHGVHTXHQFH 
$OODKPHQWLRQHGWKHREOLJDWLRQVLQDVSHFLILFRUGHU+HDOVRGLIIHUHQWLDWHGWKHOHJVIURPWKHKDQGV 
WKRXJKERWKRIWKHPKDYHWREHZDVKHGIURPWKHKHDGZKLFKRQOQHHGVWREHZLSHG7KHSROWKHLVWV 
RI $UDELDZRXOG QRW GLIIHUHQWLDWH LWHPV XQOHVV WKHUHZDV VRPH EHQHILW LQ GRLQJ VR 7KHZD$OODK 
VWUXFWXUHG WKH DEOXWLRQ PDGH LW HDVLHU IRU WKHP WR FRPSUHKHQG LW $O0D
LGDK  H[SODLQV ZKDW LV 
REOLJDWRUDQGLWIDOOVXQGHUWKHJHQHUDOLWRIWKH3URSKHW
VVWDWHPHQW%HJLQZLWKZKDW$OODKEHJDQ 
ZLWK 7KH 3URSKHW XVHG WR IROORZ WKDW VHTXHQFH DV RQH RI DEOXWLRQ
V SULQFLSOHV 7KHUH LV QR VXFK 
UHSRUWWKDWWKH3URSKHWXSRQZKRPEHSHDFHHYHUGHSDUWHGIURPWKDWVHTXHQFH$EOXWLRQLVSDUWRI 
ZRUVKLS DQG LQ PDWWHUV RI ZRUVKLS WKHUH LV QR URRP IRU DQWKLQJ H[FHSW GRLQJ ZKDW KDV EHHQ 
FRPPDQGHG 
)LTKF 
7KLVVHFWLRQGHDOVZLWKWKRVHDFWVFRQQHFWHGZLWKWKHDEOXWLRQEXWZKLFKDUHQRWREOLJDWRUDVWKH 
3URSKHWXSRQZKRPEHSHDFHGLGQRWULJRURXVOVWLFNWRWKHPRUFHQVXUHDQRQHIRUQRWGRLQJWKHP 
7KHDUHDVIROORZV 
)LTK0HQWLRQLQJWKHQDPHRI$OODKDWWKHEHJLQQLQJ 
7KHUHDUHVRPHZHDNKDGLWKWKDWPHQWLRQWKLVDFWDQGDOORIWKHFKDLQVRIWKHVHKDGLWKSRLQWWRWKHIDFW 
WKDWWKHUHLVVRPHEDVLVIRUWKLVDFW,QDQFDVHLWLVDJRRGDFWLQDQGRILWVHOIDQGLQJHQHUDOLWLV 
SDUWRIWKH,VODPLFODZ 
)LTKD'HQWDO+JLHQH 
7KLVLQYROYHVXVLQJDVWLFNRUVLPLODUREMHFWWRFOHDQRQH
VWHHWK7KHEHVWWSHWRXVHLVWKDWRIWKHDUDN 
WUHHIRXQGLQWKH+HMD]6XFKDSUDFWLFHVWUHQJWKHQVWKHJXPVSUHYHQWVWRRWKGLVHDVHKHOSVGLJHVWLRQ 
DQGIDFLOLWDWHVWKHIORZRIXULQH7KLVVXQQDKLVIXOILOOHGEXVLQJDQREMHFWZKLFKUHPRYHVHOORZ 
VWDLQVRQWKHWHHWKDQGFOHDQVWKHPRXWKVXFKDVDWRRWKEUXVKDQGVRRQ$EX+XUDLUDKUHSRUWHGWKDW 
WKH3URSKHWXSRQZKRPEHSHDFHVDLG:HUHLWQRWWREHDKDUGVKLSRQPFRPPXQLW,ZRXOGKDYH 
RUGHUHGWKHPWRXVHDWRRWKEUXVKIRUHYHUDEOXWLRQ5HODWHGE0DOLNDVK6KDI
L DO%DLKDTLDQGDO 
+DNLP
$LVKDKUHSRUWHGWKDWWKH3URSKHWVDLG7KHWRRWKEUXVKSXULILHVWKHPRXWKDQGLVSOHDVLQJWR 
WKH/RUG5HODWHGE$KPDGDQ1DVD
LDQGDW7LUPL]KL
8VLQJDWRRWKEUXVKLVOLNHGDWDQWLPHEXWWKHUHDUHILYHWLPHVLQZKLFKLW LVHVSHFLDOOOLNHG 
 DEOXWLRQ 
 SUDHU 
 UHDGLQJWKH4XU
DQ 
 ULVLQJIURPVOHHSDQG 
 ZKHQ WKH WDVWH LQ RQH
VPRXWK KDV FKDQJHG )DVWLQJ DQG QRQIDVWLQJ SHRSOH PD XVH LW DW WKH 
EHJLQQLQJ WKH HQG RU DW DQ RWKHU WLPH GXULQJ WKH GD 
$PU LEQ 5DEL
DK VDLG , KDYH VHHQ WKH 
LVODPPHVVDJHFRP
0HVVHQJHURI$OODKXSRQZKRPEHSHDFHRQFRXQWOHVVRFFDVLRQVXVLQJDWRRWKEUXVKZKLOHIDVWLQJ 
5HODWHGE$KPDG$EX'DZXGDQGDW7LUPL]KL
:KHQ RQH XVHV D WRRWKEUXVK LW LV VXQQDK WR FOHDQ LW DIWHUZDUGV 6DLG
$LVKDK:KHQ WKH3URSKHW 
XSRQZKRPEHSHDFHXVHGKLVWRRWKEUXVKKHZRXOGJLYHLWWRPH,ZRXOGZDVKLWXVHLWZDVKLW 
DJDLQDQGJLYHLWEDFNWRKLP5HODWHGE$EX'DZXGDQGDO%DLKDTL
,W LV SDUW RI WKH VXQQDK WKDW RQHZKR KDV QR WHHWK PD XVH KLV ILQJHUV WR FOHDQ KLVPRXWK$VNHG 

$LVKDK20HVVHQJHURI$OODKKRZVKRXOGDWRRWKOHVVSHUVRQFOHDQVHKLVPRXWK%SXWWLQJKLV 
ILQJHUVLQWRKLVPRXWKKHUHSOLHG5HODWHGEDW7DEDUDQL
)LTK:DVKLQJWKHKDQGVWKUHHWLPHVDWWKHEHJLQQLQJ 
7KLVLVEDVHGRQWKHKDGLWKRI$XVLEQ$XVDO7KDTDILZKRVDLG,VDZWKH0HVVHQDJHURI$OODKPDNH 
DEOXWLRQ DQG KHZDVKHG KLV KDQGV WKUHH WLPHV 5HODWHG E$KPDG DQG DQ1DVD
L
$EX+XUDLUDK 
UHSRUWHG WKDW WKH 3URSKHW XSRQ ZKRP EH SHDFH VDLG :KHQ RQH RI RX ULVHV IURP KLV VOHHS KH 
VKRXOGQRWSXWKLVKDQGLQWRDSRWXQWLOKHKDVZDVKHGLWWKUHHWLPHVIRUKHGRHVQRWNQRZZKHUHKLV 
KDQGZDVZKLOHKHVOHSW
5HODWHGEWKHJURXSDO%XNKDULGLGQRWPHQWLRQWKHQXPEHURIWLPHV
)LTKD5LQVLQJWKHPRXWKWKUHHWLPHV 
/DTLW LEQ 6DEUDK UHSRUWHG WKDW WKH 3URSKHW VDLG:KHQ RQH SHUIRUPV DEOXWLRQ KH VKRXOG ULQVH KLV 
PRXWK5HODWHGE$EX'DZXGDQGDO%DLKDTL
)LTKE6QLIILQJXSDQGEORZLQJRXWZDWHUWKUHHWLPHV 
$EX +XUDLUDK UHSRUWHG WKDW WKH 3URSKHW XSRQ ZKRP EH SHDFH VDLG :KHQ RQH RI RX SHUIRUPV 
DEOXWLRQKHVKRXOGVQLIIZDWHUXSKLVQRVWULOVDQGWKHQEORZLWRXW5HODWHGEDO%XNKDUL0XVOLP 
DQG$EX'DZXG
7KHVXQQDKLVWRSXWWKHZDWHULQWRWKHQRVWULOVZLWKWKHULJKWKDQGDQGEORZLWRXWZLWKWKHOHIW
$OL 
RQFHFDOOHGIRUZDWHUIRUDEOXWLRQULQVHGKLVPRXWKVQLIIHGXSZDWHULQWRKLVQRVWULOVDQGEOHZLWRXW 
ZLWKKLVOHIWKDQG+HGLGWKDWWKUHHWLPHVDQGWKHQVDLG7KDWLVKRZWKH3USRKHWXSRQZKRPEH 
SHDFHZRXOGSXULIKLPVHOI5HODWHGE$KPDGDQGDQ1DVD
L
7KLVVXQQDKLVIXOILOOHGESXWWLQJZDWHULQWRWKHPRXWKDQGQRVWULOVLQDQZD7KHSUDFWLFHRIWKH 
3URSKHWZDVWRGRERWKDFWVDWWKHVDPHWLPH
$EGXOODKLEQ=DLGVDLG7KH3URSKHWZRXOGULQVHKLV 
PRXWKDQGQRVHZLWKMXVWRQHKDQGDWRQHWLPHWRJHWKHU
+HGLGWKDWWKUHHWLPHV,QRQHQDUUDWLRQLW 
VDV+HZRXOGULQVHKLVPRXWKDQGQRVHZLWKWKUHHVFRRSVRIZDWHU5HODWHGEDO%XNKDULDQG 
0XVOLP
,WLVDOVRVXQQDKWREHSOHQWLIXOZLWKZDWHU
ZKLOHSHUIRUPLQJWKLVVXQQDKH[FHSWLIRQHLV 
IDVWLQJ/DTLWDVNHGWKH3URSKHW,QIRUPPHDERXWRXUDEOXWLRQ+HUHSOLHGRPSOHWHDQGSHUIHFW 
WKHDEOXWLRQDQGSXWZDWHU
EHWZHHQRXUILQJHUV8VHORWVRIZDWHUZKLOHVQLIILQJLWXSRXUQRVWULOV 
XQOHVVRXDUHIDVWLQJ5HODWHGEWKHILYH$W7LUPL]KLVDLGLWLVVDKLK
)LTK5XQQLQJRQH
VILQJHUVWKURXJKKLVEHDUG 

$LVKDKUHSRUWHGWKDWWKH0HVVHQJHURI$OODKZRXOGUXQKLVILQJHUVWKURXJKKLVEHDUG5HODWHGE,EQ 
0DMDKDQGDW7LUPL]KLZKRFODVVLILHGLWDVVDKLK
$QDVVDLGWKDWZKHQWKH0HVVHQJHURI$OODKSHUIRUPHGDEOXWLRQKHZRXOGWDNHDKDQGIXORIZDWHUDQG 
SXWLWXQGHUKLVMDZVDQGSDVVLWWKURXJKKLVEHDUG+HVDLG7KLVLVZKDWP/RUG$OODKRUGHUHGPH 
WRGR5HODWHGE$EX'DZXGDO%DLKDTLDQGDO+DNLP
)LTKD5XQQLQJZDWHUWKURXJKRQH
VILQJHUVDQGWRHV 
,EQ 
$EEDV VDLG WKDW ZKHQ WKH0HVVHQJHU RI $OODK SHUIRUPHG DEOXWLRQ KH ZRXOG UXQ KLV ILQJHUV 
WKURXJK KLV ILQJHUV DQG WRHV 5HODWHG E WKH ILYH H[FHSW $KPDG
,W LV DOVR UHODWHG WKDW LW LV 
SUHIHUDEOH WR UHPRYH MHZHOU IRU H[DPSOH ULQJV EUDFHOHWV DQG VR RQ ZKLOH SHUIRUPLQJ DEOXWLRQ 
(YHQ WKRXJK WKHVH UHSRUWV DUH QRW DFFHSWHG DV IXOO DXWKHQWLF RQHPXVW IROORZ WKHP IRU WKH IDOO 
XQGHUWKHJHQHUDOFDWHJRURIFRPSOHWLQJ DQGSHUIHFWLQJWKHDEOXWLRQ 
)LTKE5HSHDWLQJHDFKZDVKLQJWKUHHWLPHV 
7KLV LV D VXQQDK WKDW WKH 3URSKHW XSRQ ZKRP EH SHDFH DOPRVW DOZDV IROORZHG ,I KH DFWHG 
RWKHUZLVH LW ZDV MXVW WR VKRZ WKDW WKH RWKHU DFWV DUH SHUPLVVLEOH 
$PU LEQ 6KX
DLE UHODWHG RQ WKH 
DXWKRULWRIKLVIDWKHUIURPKLVJUDQGIDWKHUZKRVDLG$EHGRXLQFDPHWRWKH0HVVHQJHURI$OODK 
XSRQZKRPEHSHDFHDQGDVNHGKLPDERXWWKHDEOXWLRQ+HVKRZHGKLPKRZWRZDVKHDFKSDUWWKUHH 
WLPHVDQGVDLG
7KLVLVWKHDEOXWLRQ:KRHYHUGRHVPRUHWKDQWKDWKDVGRQHZURQJWUDQVJUHVVHGDQG 
FRPPLWWHG HYLO 5HODWHG E $KPDG DQ1DVD
L DQG ,EQ 0DMDK
8WKPDQ DOVR UHSRUWHG WKDW WKH 
LVODPPHVVDJHFRP
0HVVHQJHU RI $OODK ZRXOG UHSHDW HDFK ZDVKLQJ WKUHH WLPHV 5HODWHG E $KPDG 0XVOLP DQG DW 
7LUPL]KL
,WLVDOVR SURYHQWKDWKHSHUIRUPHGHDFKZDVKLQJRQORQFHRUWZLFH$FFRUGLQJWRPRVWRI 
WKHUHSRUWVKHZLSHGKLVKHDGRQORQFH 
)LTKF%HJLQQLQJHDFKDFWLRQZLWKWKHULJKWVLGH 
6DLG
$LVKDK7KH0HVVHQJHURI$OODKORYHGWREHJLQZLWKKLVULJKWVLGHZKLOHSXWWLQJRQKLVVKRHV 
VWUDLJKWHQLQJKLVKDLUDQGFOHDQLQJRUSXULILQJ
KLPVHOI5HODWHGEDO%XNKDULDQG0XVLOP
$EX 
+XUDLUDK UHSRUWHG WKDW WKH 3URSKHW VDLG:KHQ RX FORWKH RUZDVK RXUVHOI EHJLQ ZLWK RXU ULJKW 
VLGH5HODWHGE$KPDG$EX'DZXGDW7LUPL]KLDQGDQ1DVD
L
)LTK5XEELQJWKHOLPEVZLWKZDWHU 
7KLVPHDQV WR UXE WKH KDQGV RYHU WKH ERGLO SDUWVZLWKZDWHU
$EGXOODKLEQ=DLGUHSRUWHGWKDWWKH 
0HVVHQJHURI$OODKZDVEURXJKWDSRWRIZDWHUZKLFKKHXVHGWRSHUIRUPDEOXWLRQDQGWKHQUXEEHG 
KLV DUPV 5HODWHG E ,EQ .KX]DLPDK
+H DOVR UHODWHG WKDW WKH 0HVVHQJHU RI $OODK SHUIRUPHG 
DEOXWLRQ WKHQ UXEEHG KLV OLPEV 5HODWHG E$EX'DZXG DW7DDOLVL$KPDG ,EQ+LEEDQ DQG$EX 
D
OD
)LTKDORVHVHTXHQFH 
(DFKERGLOSDUWPXVWEHZDVKHGULJKWDIWHUWKHRWKHULQWKHSUHVFULEHGVHTXHQFHZLWKRXWVHSDUDWLQJ 
WKHZDVKLQJRIWKHGLIIHUHQWSDUWVRIDFWVQRWUHODWHGWRWKHDEXWLRQ
7KLVLVWKHFXVWRPDUSUDFWLFHRI 
WKHHDUODQGODWHUJHQHUDWLRQVRI0XVOLPV 
)LTKE:LSLQJWKHHDUV 
7KHVXQQDKLVWRZLSHWKHLQWHULRURIWKHHDUVZLWKWKHLQGH[ILQJHUVDQGWKHH[WHULRUSRUWLRQVZLWKWKH 
WKXPEV7KHZDWHUXVHGWRZLSHWKHKHDGLVDOVRXVHGIRUWKHHDUVDVWKHHDUVDUHSDUWRIWKHKHDG$O 
0LTGDPLEQ0D
GDNULKUHSRUWHGWKDWWKH3URSKHWXSRQZKRPEHSHDFHZLSHGKLVKHDGDQGKLVHDUV 
WKHLQWHULRUDQGH[WHULRUZKLOHPDNLQJDEOXWLRQ+HDOVRSXWKLVILQJHULQVLGHKLVHDU5HODWHGE$EX 
'DZXGDQGDW7DKDZL
:KLOHGHVFULELQJWKHDEOXWLRQRIWKH3URSKHWXSRQZKRPEHSHDFH,EQ
8PDUVDLG+HZLSHGKLV 
KHDGDQGHDUVZLWKRQHZLSH5HODWHGE$KPDGDQG$EX'DZXG
,QRQHQDUUDWLRQLWVWDWHV+H 
ZLSHGWKHLQQHUSRUWLRQRIKLVHDUVZLWKKLVLQGH[ILQJHUDQGWKHRXWHUSRUWLRQZLWKKLVWKXPE 
)LTKF(ORQJDWLQJWKHVWUHDNVRIOLJKW 
7KLV UHIHUV WRZDVKLQJ WKH FRPSOHWH IRUHKHDG D SUDFWLFHZKLFK LVPRUH WKDQZKDW LV REOLJDWRU LQ 
ZDVKLQJ WKH IDFH DQGZLOO LQFUHDVH WKH VWUHDN RI OLJKW RQ WKH'D RI -XGJHPHQW
,W DOVR UHIHUV WR 
ZDVKLQJDERYHWKHHOERZVDQGDQNOHV$EX+XUDLUDKUHSRUWHGWKDWWKH0HVVHQJHURI$OODKVDLG0 
QDWLRQZLOOFRPHZLWKEULJKWVWUHDNVRIOLJKWIURPWKHWUDFHVRIDEOXWLRQ$EX+XUDLUDKWKHQVDLG,I 
RQHFDQOHQJWKHQKLVVWUHDNRIOLJKWKHVKRXOGGRVR5HODWHGE$KPDGDO%XNKDULDQG0XVOLP
$EX=DU
DK UHODWHGWKDWZKHQ$EX+XUDLUDKPDGHDEOXWLRQKHZDVKHGKLVDUPVDERYHKLVHOERZVDQG 
KLV IHHW XS WR KLV FDOYHV+HZDVDVNHG:KGRRXGRWKLV+HVDLG7KLVLVWKHH[WHQWRIWKH 
HPEHOOLVKPHQW5HODWHGE$KPDG
$FFRUGLQJWRDO%XNKDULDQG0XVOLPLWVFKDLQLVVDKLK 
)LTKG(FRQRPL]LQJWKHXVHRIZDWHUHYHQLIRQHLVLQIURQWRIWKHVHD 
$QDVVDLG7KH3URSKHWXSRQZKRPEHSHDFHXVHGWRSHUIRUPJKXVOWKHFRPSOHWHEDWKLQJ
ZLWKD 
VD
DRIZDWHUFP
WRPDGGHDFKPDGGHTXDOVRQHVD
D
+HDOVRXVHGWRPDNHDEOXWLRQ 
ZLWKRQHPDGGFP
RIZDWHU5HODWHGEDO%XNKDULDQG0XVLP
8EDLGXOODKLEQ$EXD]LG 
QDUUDWHGWKDWDPDQDVNHG,EQ
$EEDV+RZPXFKZDWHULVVXIILFLHQWIRUJKXVO+HDQVZHUHG2QH 
PDGG $QG KRZ PXFK LV VXIILFLHQW IRU JKXVO+H VDLG 2QH VD
D 7KH PDQ VDLG 7KDW LV QRW 
VXIILFLHQWIRUPH,EQ
$EEDVVDLG1R,WZDVVXIILFLHQWIRURQHEHWWHUWKDQRXWKH0HVVHQJHURI 
$OODK XSRQ ZKRP EH SHDFH 5HODWHG E $KPDG DO%D]DDU DQG DW7DEDUDQL LQ DO.DEHHU ,WV 
QDUUDWRUVDUHWUXVWZRUWK
$EGXOODKLEQ
8PDUQDUUDWHGWKDWWKH0HVVHQJHURI$OODKSDVVHGE6D
G 
ZKLOH KH ZDV SHUIRUPLQJ DEOXWLRQ DQG VDLG :KDW LV WKLV H[WUDYDJDQFH 6D
G +H VDLG ,V WKHUH 
H[WUDYDJDQFH LQ WKH XVH RIZDWHU+HVDLGHVHYHQLIRXDUHDWDIORZLQJULYHU5HODWHGE 
$KPDGDQG,EQ0DMDKZLWKDZHDNFKDLQ
([WUDYDJDQFHLVWRXVHZDWHUZLWKRXWDQEHQHILWOLNHZDVKLQJWKHSDUWVPRUHWKDQWKUHHWLPHV,EQ 
6KX
DLE
VKDGLWKTXRWHGHDUOLHULOOXVWUDWHVWKHSRLQWLQTXHVWLRQ
$EGXOODKLEQ0XJKDIIDOQDUUDWHGWKDW 
KH KHDUG WKH 3URSKHW VD 7KHUH ZLOO EH SHRSOH IURP P QDWLRQ ZKR ZLOO WUDQVJUHVV LQ PDNLQJ 
VXSSOLFDWLRQVDQGLQSXULILQJWKHPVHOYHV5HODWHGE$KPDG$EX'DZXGDQGDQ1DVD
L
LVODPPHVVDJHFRP
6DVDO%XNKDUL7KHVFKRODUV GRQRWOLNHRQHWRXVHZDWHUEHRQGZKDWWKH3URSKHWXSRQZKRPEH 
SHDFHXVHGIRUDEOXWLRQ 
)LTK6XSSOLFDWLRQZKLOHSHUIRUPLQJDEOXWLRQ 
7KHUHLVQRWKLQJFRQILUPHGIURPWKH3URSKHWXSRQZKRPEHSHDFHUHJDUGLQJVXSSOLFDWLRQVGXULQJ 
DEOXWLRQVDYHWKHKDGLWKRI$EX0XVDDO$VK
DULZKRVDLG,FDPHWRWKH0HVVHQJHURI$OODKZLWK 
ZDWHU:KLOHKHZDVSHUIRUPLQJDEOXWLRQ,KHDUGKLPVXSSOLFDWH
2$OODKIRUJLYHPVLQV0DNHP 
UHVLGHQFH VSDFLRXV IRUPH DQG EOHVVPH LQP SURYLVLRQV
 , VDLG 
23URSKHWRI$OODK,KHDUGRX 
VXSSOLFDWLQJ VXFK DQG VXFK
+H VDLG 
'LG , OHDYH DQWKLQJ RXW 5HODWHGEDQ1DVD
LDQG,EQDV 
6XQQLZLWKDVDKLKFKDLQ
$Q1DZDZLLQFOXGHVWKLVHYHQWXQGHUWKHFKDSWHU:KDWLVWREHVDLGDIWHU 
RQHFRPSOHWHVWKHDEOXWLRQDQG,EQDV6XQQLKDVLWXQGHU:KDWLVWREHVDLGZKHQRQHLVLQWKHVWDWH 
RIDEOXWLRQ 
$Q1DZDZLKROGVWKDWERWKPHDQLQJVPDEHLPSOLHGIURPWKHKDGLWK 
)LTK6XSSOLFDWLRQDIWHUDEOXWLRQ 

8PDU UHSRUWHG WKDW WKH 3URSKHW XSRQ ZKRP EH SHDFH VDLG ,I RQH FRPSOHWHV DQG SHUIHFWV
WKH 
DEOXWLRQDQGWKHQVDV
,WHVWLIWKDWWKHUHLVQRJRGH[FHSW$OODKWKH2QH:KRKDVQRSDUWQHUDQG 
WKDW0XKDPPDGLV+LVVODYHDQG0HVVHQJHUWKHHLJKWJDWHVRISDUDGLVHZLOOEHRSHQHGIRUKLPDQG 
KHPDHQWHUDQRIWKHPWKDWKHZLVKHV5HODWHGE0XVOLP
$EX6D
HHGDO.KXGULUHSRUWHGWKDWWKH3URSKHWVDLG:KRHYHUPDNHVDEOXWLRQDQGVDV
*ORUEHWR 
7KHH2$OODKDQGWKHSUDLVHEHWR7KHH,EHDUZLWQHVVWKDWWKHUHLVQRJRGH[FHSWRX,EHJRXU 
IRUJLYHQHVVDQG,UHSHQWXQWRRX
ZLOOKDYHLWZULWWHQIRUKLPDQGSODFHGRQDWDEOHWZKLFKZLOOQRW 
EHEURNHQXQWLOWKH'DRI5HVXUUHFWLRQ7KLVKDGLWKLVUHODWHGEDW7DEDUDQLLQDO$XVDW,WVQDUUDWRUV 
DUHRIWKHVDKLK$Q1DVD
LKDVLWZLWKWKHZRUGLQJ,WZLOOEH VWDPSHGZLWKDVHDOSODFHGEHORZWKH 
WKURQH DQG LWZLOO QRW EH EURNHQ XQWLO WKH'D RI5HVXUUHFWLRQ7KH FRUUHFW VWDWHPHQW LV WKDW LW LV 
PDXTRRI 
$VIRUWKHVXSSOLFDWLRQ$OODKFDXVHPHWREHIURPDPRQJWKHUHSHQWDQWDQGFDXVHPHWREHIURP 
DPRQJWKHSXUHLWKDVEHHQQDUUDWHGEDW7LUPL]KLZKRVDLG,WVFKDLQLVPX]KWDULEDQGWKHUHLV 
QRWKLQJDXWKHQWLFFRQFHUQLQJWKLVVXSSOLFDWLRQ
)LTKD3UDLQJWZRUDN
DKDIWHUDEOXWLRQ 
$EX+XUDLUDKUHSRUWHGWKDWWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHVDLGWR%LODO2%LODOWHOO 
PHZKDWJRRGGHHGRXKDYHGRQHLQ,VODPWKDW,KHDUWKHVRXQGRIRXUIRRWVWHSVLQ3DUDGLVH%LODO 
VDLG7KDWDIWHU,SXULIPVHOIGXULQJWKHGDRUQLJKW,SUDZLWKWKDWSXULILFDWLRQDVPXFKDV$OODK 
KDV GHVWLQHG IRU PH 5HODWHG E DO%XNKDUL DQG 0XVOLP
8TEDK LEQ 
$DPU UHODWHG WKDW WKH 
0HVVHQJHURI$OODKXSRQZKRPEHSHDFHVDLG,IRQHSHUIRUPVDQGSHUIHFWVKLVDEOXWLRQDQGSUDV 
WZR UDN
DK ZLWK KLV KHDUW DQG IDFH FRPSOHWHO RQ KLV SUDHU
3DUDGLVH EHFRPHV KLV 5HODWHG E 
0XVOLP$EX'DZXG,EQ0DMDKDQG,EQ.KX]DLPDKLQKLV6DKLK
.KXPUDQWKHFOLHQWRI
8WKPDQ 
DGGHG,VDZ
8WKPDQFDOOIRUZDWHUIRUDEOXWLRQSRXULWIURPWKHSRWRQWRKLVULJKWKDQGDQGZDVKLW 
WKUHH WLPHV+H WKHQ SXW KLV ULJKW KDQG LQWR WKH FRQWDLQHUULQVHGKLVPRXWKDQGQRVHDQGEOHZWKH 
ZDWHU RXW 7KHQ KHZDVKHG KLV IDFH WKUHH WLPHV IROORZHG E KLV DUPV XS WR WKH HOERZV 7KHQ KH 
ZDVKHG KLV IHHW WKUHH WLPHV DQG VDLG 
, VDZ WKH0HVVHQJHU RI $OODK XSRQ ZKRP EH SHDFH PDNH 
DEOXWLRQ OLNH WKLV
$QG WKHQ KHZRXOG VD 
:KRHYHU PDNHV DEOXWLRQ OLNH WKLV DQG WKHQ SUDV WZR 
UDN
DKZLWKRXWKDYLQJDQRWKHUFRQFHUQRQKLVPLQGDOOKLVSDVWVLQVZLOOEHIRUJLYHQ5HODWHGE 
DO%XNKDUL0XVOLPDQGRWKHUV
2WKHU SUDFWLFHV SURWHFWLQJ WKHHHVDQGZULQNOHVUHPRYLQJDQULQJVZLSLQJWKHQHFNDQGVRRQ
KDYHQRWEHHQPHQWLRQHGKHUHDVWKHLUQDUUDWLRQVDUHVWLOOTXHVWLRQDEOH%XWRQHPDIROORZWKHPDV 
SDUWRIJHQHUDOFOHDQOLQHVV 
)LTK1XOOLILFDWLRQRIDEOXWLRQ 
,WLVQRWGHVLUDEOHWKDWRQHZKRLVPDNLQJDEOXWLRQVKRXOGOHDYHDQRIWKHVXQDQWKDWKDYHMXVWEHHQ 
PHQWLRQHG7KHSHUVRQZRXOGWKHQORVHWKHJUHDWUHZDUGRIWKHVHVLPSOH
DFWV$QWLPHRQHDEDQGRQV 
WKHVXQQDKKHKDVGRQHDGLVOLNHGGHHG 
)LTKD$QH[FUHWLRQRIWKHSHQLVYDJLQDRUDQXV 
7KLVZRXOG LQFOXGH XULQH IHFHV $OODK VDV RU RQH RI RX FRPHV IURP UHOLHYLQJ KLPVHOI WKXV 
SURYLQJWKDWVXFKDQDFWREOLJDWHVDQHZSXULILFDWLRQ
DQGUHOHDVLQJJDVIURPWKHDQXV$EX+XUDLUDK 
LVODPPHVVDJHFRP
UHSRUWHG WKDW WKH0HVVHQJHU RI$OODK VDLG $OODK GRHV QRW DFFHSW WKH SUDHU RI D SHUVRQZKR KDV 
UHOHDVHGJDVXQWLOKHPDNHVDQHZDEOXWLRQ$SHUVRQIURP+D]KUDPDXWDVNHG$EX+XUDLUDK:KDW 
GRHVUHOHDVLQJJDVPHDQ+HDQVZHUHG:LQGZLWKRUZLWKRXWVRXQG5HODWHGEDO%XNKDULDQG 
0XVOLP
+HDOVRQDUUDWHGWKDWWKH3URSKHWVDLG,IRQHRIRXILQGVDGLVWXUEDQFHLQKLVDEGRPHQDQG 
LVQRWFHUWDLQLIKHKDVUHOHDVHGDQJDVRUQRWKHVKRXOGQRWOHDYHWKHPRVTXHXQOHVVKHKHDUVLWV 
VRXQGRUVPHOOVLWVVFHQW5HODWHGE0XVOLP
+HDULQJWKHHVFDSLQJJDVRUVPHOOLQJLWLVQRWDFRQGLWLRQIRUQXOOLILQJDEOXWLRQEXWKHVWUHVVHGWKDW 
RQH VKRXOG EH FHUWDLQ RI WKH DFWLRQ $V IRU DO0D]KL SURVWDWLF IOXLG
WKH 3URSKHW VDLG 0DNH 
DEOXWLRQRQFHUQLQJVSHUPRUDOPDQLVDLG,EQ
$EEDV,WUHTXLUHVJKXVODQGIRUDOPD]KLDQGDO 
ZDGLZDVKRXUVH[RUJDQVDQGPDNHDEOXWLRQ7KLVZDVUHODWHGEDO%DLKDTLLQKLV6XQDQ 
)LTKE'HHSVOHHSWKDWPDNHVDSHUVRQFRPSOHWHOXQDZDUHRIKLVVXUURXQGLQJV 
,IWKHSHUVRQGLGQRWNHHSKLVERWWRFNVILUPOVHDWHGRQWKHIORRUZKLOHVOHHSLQJKHPXVWPDNHDQHZ 
DEOXWLRQ6DIZDQLEQ
$VDOVDLG7KH3URSKHWXSRQZKRPEHSHDFHXVHGWRRUGHUXVZKLOHZHZHUH 
WUDYHOOLQJ QRW WR WDNH RXU VRFNV RII XQOHVV ZH ZHUH LQ SRVWVH[ LPSXULW LH QRW IRU GHIHFDWLRQ 
XULQDWLRQ RU VOHHS
5HODWHG E $KPDG DQ1DVD
L DQG DW7LUPL]KLZKR JUDGHG LW VDKLK
,I RQH
V 
EXWWRFNV KDV UHPDLQHG ILUPO RQ WKH IORRU GXULQJ KLV VOHHS QR QHZ DEOXWLRQ LV QHFHVVDU 7KLV LV 
LPSOLHGEWKHKDGLWKRI$QDVZKRVDLG7KHFRPSDQLRQVRIWKH3URSKHWZHUHZDLWLQJIRUWKHGHODHG 
QLJKWSUDHUXQWLOWKHLUKHDGVEHJDQQRGGLQJXSDQGGRZQIURPGURZVLQHVVDQGVOHHS
7KHZRXOG 
WKHQ SUD ZLWKRXW SHUIRUPLQJ DEOXWLRQ 5HODWHG E DVK6KDLIL 0XVOLP $EX 'DZXG DQG DW 
7LUPL]KL
7KH ZRUGLQJ WKDW DW7LUPL]KL UHFRUGHG IURP WKH FKDLQ RI 6KX
EDK LV , KDYH VHHQ WKH 
FRPSDQLRQVRIWKH3URSKHWVOHHSLQJWRWKHH[WHQWWKDWRQHFRXOGKHDUVRPHRIWKHPVQRULQJ%XWWKH 
ZRXOGVWDQGIRUSUDHUZLWKRXWDQHZDEOXWLRQ6DLG,EQDO0XEDUDN,QRXURSLQLRQWKLVKDSSHQHG 
ZKHQWKHZHUHVLWWLQJ 
)LTK/RVVRIFRQVFLRXVQHVV 
7KLV QXOOLILHV WKH DEOXWLRQ UHJDUGOHVV RIZKHWKHU LWZDVRZLQJ WRLQVDQLWIDLQWLQJGUXQNHQQHVVRU 
VRPHPHGLFLQH,WDOVRGRHVQRWPDWWHULIRQHZDVXQFRQVFLRXVIRUDVKRUWRUORQJSHULRGRIWLPHRULI 
RQHZDVVLWWLQJRUIHOOWRWKHHDUWKDQGVRRQ7KHDVSHFWRIXQDZDUHQHVVKHUHLVJUHDWHUWKDQWKDWRI 
VOHHSLQJ7KHVFKRODUVDUHDJUHHGRQWKLVSRLQW 
)LTKD7RXFKLQJWKHVH[XDORUJDQZLWKRXWDQEDUULHUEHWZHHQWKHKDQGDQGWKH RUJDQ 
%XVUDK ELQW 6DIZDQ QDUUDWHG WKDW WKH 3URSKHW XSRQ ZKRP EH SHDFH VDLG :KRHYHU WRXFKHV KLV 
VH[XDORUJDQFDQQRWSUDXQWLOKHSHUIRUPVDEOXWLRQ 
7KLVKDGLWKLVUHODWHGEWKHILYH$W7LUPL]KLFODVVLILHGLWDVVDKLKDQGDO%XNKDULFDOOHGLWWKHPRVW 
DXWKHQWLFUHSRUWRQWKDWWRSLF0DOLNDVK6KDLIL$KPDGDQGRWKHUVDOVRQDUUDWHGLW$EX'DZXGVDLG 
, DVNHG $KPDG 
,V WKH KDGLWK RI %XVUDK DXWKHQWLF
 +H VDLG 
HUWDLQO LW LV DXWKHQWLF ,Q WKH 
QDUUDWLRQRI$KPDGDQGDQ1DVD
L%XVUDKKHDUGWKH3URSKHWVDLQJ$EOXWLRQLVWREHPDGHEWKH 
RQH ZKR WRXFKHV KLV VH[XDO RUJDQ 7KLV LV JHQHUDO DQG HQFRPSDVVHV WRXFKLQJ RQH
V RZQ VH[XDO 
RUJDQVRUWRXFKLQJVRPHERGHOVH
V$EX+XUDLUDKUHSRUWHGWKH3URSKHWDVVDLQJ:KRHYHUWRXFKHV 
KLVVH[XDORUJDQZLWKRXWDQFRYHULQJEHWZHHQWKHP
PXVWSHUIRUPDEOXWLRQ5HODWHGE$KPDG 
,EQ+LEEDQDQGDO+DNLPZKRFODVVLILHGLWDVVDKLKDVGLG,EQ
$EGXO%DUU
6DLG,EQDV6DNLQ7KDWKDGLWKLVIURPWKHEHVWRIZKDWKDVEHHQUHODWHGRQWKLVWRSLF$VK6KDI
L 
UHODWHG$QPDQZKRWRXFKHVKLVSHQLVPXVWSHUIRUPDEOXWLRQ$QZRPHQZKRWRXFKHVKHUYDJLQD 
PXVWSHUIRUPDEOXWLRQRPPHQWLQJRQLWVDXWKHQWLFLW,EQDO4DLPTXRWHVDO+D]LPLZKRVDV 
7KDWFKDLQLVVDKLK7KH+DQLILDKDUHRIWKHRSLQLRQEDVHG RQWKHIROORZLQJKDGLWKWKDWWRXFKLQJ 
WKHVH[XDORUJDQGRHVQRWQXOOLIWKHDEOXWLRQ$PDQDVNHGWKH3URSKHWLIDPDQZKRWRXFKHVKLV 
SHQLVKDVWRSHUIRUPDEOXWLRQ6DLGWKH3URSKHWXSRQZKRPEHSHDFH1RLWLVMXVWDSDUWRIRX 
5HODWHGEWKHILYH,EQ+LEEDQFODVVLILHGLWDVVDKLKDQG,EQDO0DGLQLVDLG,WLVEHWWHUWKDQWKH 
KDGLWKRI%XVUDK
)LTK7RXFKLQJDZRPDQ 

$LVKDKUHODWHGWKDWWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHNLVVHGKHUZKLOHKHZDVIDVWLQJDQG 
VDLG .LVVLQJ GRHV QRW QXOOLI WKH DEOXWLRQ QRU GRHV LW EUHDN WKH IDVW 5HODWHG E ,VKDT LEQ 
5DKDZDLKDQGDO%D]]DUZLWKDJRRGFKDLQ
LVODPPHVVDJHFRP
(YDOXDWLQJLWVDXWKHQWLFLW
$EGXO+DTTVDV,GRQRWNQRZRIDQGHIHFWLQWKHKDGLWKWKDWFRXOG 
FDXVHLWVUHMHFWLRQ 

$LVKDKDOVRVDLG2QHQLJKW,PLVVHGWKH0HVVHQJHURI$OODKLQPEHGDQGVRZHQWWRORRNIRU 
KLP,SXWPKDQGRQWKHERWWRPRIKLVIHHWZKLOHKHZDVSUDLQJDQGVDLQJ
2$OODK,VHHNUHIXJH 
LQRXUSOHDVXUHIURPRXUDQJHULQRXUIRUJLYHQHVVIURPRXUSXQLVKPHQWLQRXIURPRX, 
FDQQRWSUDLVHRXDVRXKDYHSUDLVHGRXUVHOIUHODWHGE0XVOLPDQGDW7LUPL]KLZKRFODVVLILHGLW 
DVVDKLK
DQGVKHDOVRUHSRUWHG
7KH3URSKHWNLVVHGVRPHRIKLVZLYHVDQGZHQWWRSUDHUZLWKRXW 
SHUIRUPLQJDEOXWLRQ5HODWHGE$KPDGDQGWKHIRXU

DQGLWVQDUUDWRUVDUHWUXVWZRUWK
6KHDOVR 
VDLG,ZRXOGVOHHSLQIURQWRIWKH3URSKHWXSRQZKRPEHSHDFHZLWKPIHHWLQWKHGLUHFWLRQRIWKH 
TLEODK WR KLP
:KHQ KH PDGH SURVWUDWLRQV KHZRXOG WRXFK PH DQG ,ZRXOGPRYHP IHHW ,Q 
DQRWKHUQDUUDWLRQLWVDV:KHQKHZDQWHGWRSURVWUDWHKHZRXOGWRXFKPOHJV 
)LTK%OHHGLQJIURPDQXQXVXDOSODFH 
7KLVLQYROYHVEOHHGLQJGXHWRDZRXQGFXSSLQJRUDQRVHEOHHGDQGUHJDUGOHVVRIZKHWKHUWKHDPRXQW 
RIEORRGLVVPDOORUODUJH 
6DLG DO+DVVDQ 7KH0XVOLPV VWLOO SUDHG HYHQZKLOHZRXQGHG 5HODWHG E DO%XNKDUL
+H DOVR 
UHSRUWHG,EQ
8PDUVTXHH]HGDSLPSOHXQWLOLWEOHGEXWKHGLGQRWUHQHZKLVDEOXWLRQ,EQ$EL
8TL 
VSDWEORRGDQGFRQWLQXHGKLVSUDHU
8PDU LEQDO.KDWWDESUDHGZKLOHEORRGZDVIORZLQJIURPKLP 

,EEDG LEQ%LVKUZDV KLW ZLWK DQ DUURZZKLOH SUDLQJ EXW FRQWLQXHG KLV SUDHUV 5HODWHG E$EX 
'DZXG,EQ.KX]DLPDKDQGDO%XNKDULLQPX
DOODTIRUP
)LTKD9RPLW 
5HJDUGOHVVRIZKHWKHUWKH DPRXQWRIYRPLWZDVJUHDWRUVPDOOWKHUHLVQRVRXQGKDGLWKWKDWLWQXOOLILHV 
DEOXWLRQ 
)LTKE(DWLQJFDPHOPHDW 
7KDW WKLV GRHV QRW QXOOLI WKH DEOXWLRQ ZDV WKH RSLQLRQ RI WKH IRXU ULJKWO JXLGHG FDOLSKV WKH 
FRPSDQLRQVDQGWKHIROORZLQJJHQHUDWLRQDOWKRXJKWKHUHLVDQDXWKHQWLFKDGLWKWKDWVWDWHVRQHVKRXOG 
PDNHDEOXWLRQDIWHULW 
6DLG-DELULEQ6XPUDK$PDQDVNHGWKH3URSKHW
6KRXOGZHPDNHDEOXWLRQDIWHUHDWLQJPXWWRQ
+H 
VDLG
,IRXZLVKPDNHDEOXWLRQ,IRXGRQRWGRQRWPDNHDEOXWLRQ
7KHPDQDVNHG
6KRXOGZH 
PDNH DEOXWLRQ DIWHU HDWLQJ FDPHOPHDW
+H VDLG 
HV
 $O%DUUD
 LEQ 
$D]LE UHODWHG WKDW VRPHRQH 
DVNHGWKH3URSKHWDERXWSUDLQJLQWKHGHQVRIFDPHOVDQGKHVDLG'RQRWSUDWKHUHLQIRUWKHDUH 
RIWKHGHYLOV+HDVNHGDERXWWKHGHQVRIVKHHSDQGKHVDLG3UDWKHUHLQIRUWKHDUHEOHVVLQJV 
5HODWHGE$KPDG$EX'DZXGDQG,EQ+LEEDQ
,EQ.KX]DLPDKVDLG,NQRZRIQRGLVSXWHRYHU 
WKHDXWKHQWLFLWRIWKLVUHSRUW,QVXPPDWLRQDQ1DZDZLFDQEHTXRWHGDVVDLQJ7KLVRSLQLRQKDV 
WKHVWURQJHVWSURRIDOWKRXJKWKHPDMRULWRIWKHVFKRODUVGLIIHUIURPLW 
)LTK2IGRXEWVZKHWKHURUQRWRQHKDVUHOHDVHGJDV 
7KLVLVWKHFDVHZKHUHWKHSHUVRQFDQQRWTXLWHUHFDOOLIKHLVLQDVWDWHRISXULWRUQRW6XFKDVWDWHRI 
PLQGGRHVQRWQXOOLIDEOXWLRQUHJDUGOHVVRIZKHWKHUWKHSHUVRQLVLQSUDHURUQRWXQWLOKHLVFHUWDLQ 
WKDWKHKDVQXOOLILHGKLVDEOXWLRQ
$EEDGLEQ7DPHHPUHODWHGWKDWKLVXQFOHTXHULHGWKH3URSKHWDERXW 
DSHUVRQZKRIHHOVVRPHWKLQJLQKLVDEGRPHQZKLOHSUDLQJ6DLGWKH3URSKHW+HVKRXOGQRWOHDYH 
WKHSUDHU
XQWLOKHKHDUVLWRUVPHOOVLW5HODWHGE0XVOLP$EX'DZXGDQGDW7LUPL]KL
,WGRHV 
QRWPHDQWKDWLWVVRXQGRUEDGVPHOOQXOOLILHVDEOXWLRQEXWWKDWWKHSHUVRQPXVWEHFHUWDLQDERXWWKH 
IDFWWKDWKHKDVQXOOLILHGKLVDEOXWLRQ6DV,EQDO0XEDUDN,IRQHLVXQFHUWDLQDERXWKLVFRQGLWLRQRI 
SXULWKHGRHVQRWQHHGWRSHUIRUPDQHZDEOXWLRQ,IRQHLVFHUWDLQWKDWKHKDVQXOOLILHGKLVDEOXWLRQ 
DQGGRXEWVZKHWKHUKHKDVSXULILHGKLPVHOIRUQRWKHPXVWSHUIRUPDQHZDEOXWLRQ 
)LTKD/DXJKLQJGXULQJSUDHU 
7KLVGRHVQRWQXOOLIDEOXWLRQIRUWKHUHDUHQRFRQILUPHGUHSRUWVWKDWVWDWHVXFKDWKLQJ 
)LTKE:DVKLQJDGHDGSHUVRQ 
7KLVDOVRGRHVQRWUHTXLUHDQHZDEOXWLRQIRUWKHUHSRUWVWKDWVDLWQXOOLILHVDEOXWLRQDUHZHDN 
)LTKF$QWSHRIULWXDOSUDHU 
7KLVLQYROYHVRQOREOLJDWRUYROXQWDURUIXQHUDOSUDHUVQRWWKHVXSSOLFDWLRQVGX
D
7KLVLVEDVHG 
RQ$OODK
VVWDWHPHQW2RXZKREHOLHYH:KHQRXJHWXSWRSHUIRUPDSUDHUVDODK
ZDVKRXU 
IDFHDQGRXUDUPVXSWRWKHHOERZVDQGZLSHRXUKHDGDQGIHHWWRWKHDQNOHV$OVRWKH0HVVHQJHU 
LVODPPHVVDJHFRP
RI$OODKXSRQZKRPEHSHDFHVDLG$OODKGRHVQRWDFFHSWDSUDHUWKDWZDVSHUIRUPHGZKLOHWKH 
SHUVRQ
ZDVQRWLQDVWDWHRISXULW1RUGRHVKHDFFHSWFKDULWIURPPLVDSSURSULDWHGERRW5HODWHG 
EWKHJURXSH[FHSWIRUDO%XNKDUL
)LTKLUFXPDPEXODWLQJWKH.D
EDK 
,EQ 
$EEDV UHSRUWHG WKDW WKH0HVVHQJHU RI$OODK VDLG LUFXPDPEXODWLRQ LV D WSH RI SUDHU EXW 
$OODKKDVSHUPLWWHGVSHDNLQJGXULQJLW:KRHYHUVSHDNVGXULQJLWVKRXOGRQOVSHDNJRRG 
7KLVKDGLWKLVUHODWHGEDW7LUPL]KLDG'DUDTXWQLDO+DNLP,EQDV6DNLQDQG,EQ.KX]DLPDKZKR 
FODVVLILHGLWDVVDKLK 
)LTKD7RXFKLQJDFRSRIWKH4XU
DQ 
$EX%DNULEQ0XKDPPDGUHODWHGIURPKLVIDWKHURQWKHDXWKRULWRIKLVJUDQGIDWKHUWKDWWKH3URSKHW 
XSRQ ZKRP EH SHDFH VHQW D OHWWHU WR WKH SHRSOH RI HPHQZKLFK VWDWHG 1R RQH LV WR WRXFK WKH 
4XU
DQH[FHSWRQHZKRLVSXULILHG 
7KLVKDGLWKLVUHODWHGEDQ1DVD
LDG'DUDTXWQLDO%DLKDTLDQGDO$WKUDP2ILWVFKDLQ,EQ
$EGXO 
%DUUVDV,WDSSHDUVWREHDFRQWLQXRXVWUDQVPLVVLRQ
$EGXOODKLEQ
8PDUUHSRUWHGWKDWWKH3URSKHW 
XSRQ ZKRP EH SHDFH VDLG 1R RQH LV WR WRXFK WKH 4XU
DQ XQOHVV KH KDV SXULILHG KLPVHOI $O 
+DLWKDPLPHQWLRQHGLWLQ0DMPD
D]=DZDLGDQGVDLGLWVQDUUDWRUVDUHWUXVWZRUWK
$SSDUHQWOWKLV 
KDGLWKKDVDSUREOHP7KHZRUGSXULIPXVWKDYHRQHSDUWLFXODUPHDQLQJKHUH7KHUHIRUHWRVDWKDW 
RQH ZKR KDV D PLQRU GHILOHPHQW PD QRW WRXFK WKH 4XU
DQ PDNHV QR VHQVH RQFHUQLQJ $OODK
V 
VWDWHPHQWZKLFKQRQHWRXFKHVVDYHWKHSXULILHGDO:DTL
DK
DSSDUHQWOWKHSURQRXQUHIHUVWR 
WKH %RRN NHSW KLGGHQ IURP WKH SUHFHGLQJ YHUVH
DQG WKDW LV WKH ZHOOSUHVHUYHG WDEOHW DQG WKH 
SXULILHGUHIHUVWRWKHDQJHOVZKLFKLVVLPLODUWRWKHYHUVHV2QKRQRUHGVFUROOVH[DOWHGSXULILHG 
VHWGRZQ
EVFULEHVQREOHDQGULJKWHRXV$EDVDK
,EQ
$EEDVDVK6KD
ELD]K=KDKDN=DLG 
LEQ
$OLDO0X
DLDG%LOODK'DZXG,EQ+D]PDQG+DPPDGLEQ$EX6XODLPDQDUHRIWKHRSLQLRQWKDW 
RQHZKRKDVDPLQRUGHILOHPHQWPDWRXFKWKH4XU
DQ0RVWRIWKHVFKRODUVKRZHYHUDJUHHWKDWVXFK 
SHRSOHPDUHFLWHWKH4XU
DQZLWKRXWWRXFKLQJLW 
)LTKE:KLOHPHQWLRQLQJWKHQDPHRI$OODK 
$O0XKDMLULEQ 4XQIX]KUHODWHGWKDWKHJUHHWHGWKH3URSKHWXSRQZKRPEHSHDFHEXWWKDWWKHODWWHU 
GLG QRW UHWXUQ KLV VDOXWDWLRQ XQWLO KH KDGPDGH DEOXWLRQ 7KHUH LV QRWKLQJ WKDW SUHYHQWHGPH IURP 
UHVSRQGLQJ WR RX H[FHSW WKDW , GR QR OLNH WRPHQWLRQ WKH QDPH RI$OODK XQOHVV , DP LQ D VWDWH RI 
SXULW6DLG4DWDGDK%HFDXVHRIWKLVDO+DVVDQKDWHGWRUHFLWHWKH4XU
DQRUPHQWLRQ$OODK
VQDPH 
XQOHVV KH KDG SHUIRUPHG DEOXWLRQ 5HODWHG E $PDG $EX 'DZXG DQ1DVD
L DQG ,EQ 0DMDK
5DHSRUWHG$EX-XKDLPLEQDO+DULWK7KH3URSKHWXSRQZKRPEHSHDFHPHWDSHUVRQDWWKHZHOORI 
-DPOZKR JUHHWHG KLP EXW KH GLG QRW UHWXUQ KLV JUHHWLQJ XQWLO KH KDG ZLSHG KLV IDFH DQG KDQGV 
5HODWHG E $KPDG DO%XNKDUL 0XVOLP $EX 'DZXG DQG DQ1DVD
L
7KLV DFWLRQ ZDV RQH RI 
SUHIHUHQFHQRWRIREOLJDWLRQ0HQWLRQLQJWKHQDPHRI$OODKLVSHUPLVVLEOHIRUWKHRQHZKRLVLQDVWDWH 
RISXULWRQHZKRKDVDPLQRULPSXULWDSHUVRQLQSRVWVH[LPSXULWRURQHZKRLVVWDQGLQJVLWWLQJ 
DQGVRRQ6DLG
$LVKDK7KH0HVVHQJHURI$OODKXVHGWR UHPHPEHU$OODKDWDOOWLPHV5HODWHGE 
WKH ILYH H[FHSW IRU DQ1DVD
L
$O%XNKDUL UHFRUGHG LW LQ PX
DOOLT IRUP
5HSRUWHG 
$OL 7KH 
0HVVHQJHURI$OODKZRXOGFRPHIURPUHOLHYLQJKLPVHOIUHFLWHWRXVDQGHDWPHDWZLWKXV1RWKLQJ 
ZRXOGVWRSKLPIURP WKH4XU
DQH[FHSWSRVWVH[LPSXULW5HODWHGEWKHILYH$W7LUPL]KLDQG 
,EQDV6DNLQFDWHJRUL]HGLWDVVDKLK
)LTK*RLQJWRVOHHS 
$O%DUUD
LEQ
$D]LEUHSRUWHGWKDWWKH0HVVHQJHURI$OODKXSRQZKRPEHSHDFHVDLG:KHQRXJR 
WRRXUEHGSHUIRUPDEOXWLRQOLHRQRXUULJKWVLGHDQGWKHQVD
2$OODK,VXEPLWPVRXOWRRX 
DQG,WXUQPIDFHWRRX,HQWUXVWPDIIDLUVWRRX,UHWUHDWXQWRRXIRUSURWHFWLRQZLWKKRSHDQG 
IHDULQRX7KHUHLVQRUHVRUWDQGQRVDYLRUEXWRX,DIILUP PIDLWKLQRXUERRNVZKLFKRX 
UHYHDOHGDQGLQRXUSURSKHWVRXVHQW
,IRXGLHGXULQJWKDWQLJKWRXZLOOEHDORQJWKHQDWXUDO 
SDWK0DNHLWRXUILQDOVWDWHPHQWRIWKHQLJKW
+HUHSRUWHGWKDWKHUHSHDWHGWKLVVXSSOLFDWLRQWRWKH 
3URSKHW XSRQ ZKRP EH SHDFH DQG KH VDLG DQG RXU PHVVHQJHUV 7KH 3URSKHW LQWHUMHFWHG 
1R
DQGWKHSURSKHWVRXVHQW5HODWHGE$KPDGDO%XNKDULDQGDW7LUPL]KL
7KLVDOVRDSSOLHV 
WRRQHZKRLVLQSRVWVH[LPSXULW,EQ
8PDUDVNHGWKH3URSKHW20HVVHQJHURI$OODKFDQRQHRI 
XV VOHHS ZKLOH KH LV LQ SRVWVH[ LPSXULW 7KH 3URSKHW DQVZHUHG HV LI KH PDNHV DEOXWLRQ 
LVODPPHVVDJHFRP
5HSRUWHG 
$LVKDK:KHQWKH3URSKHWXSRQZKRPEHSHDFHZDQWHGWRVOHHSLQDVWDWHRISRVWVH[ 
LPSXULWKHZRXOGZDVKKLVSULYDWHSDUWV DQGSHUIRUPDEOXWLRQ5HODWHGEWKHJURXS
)LTKD7RUHPRYHDVH[XDOLPSXULW 
,I D SHUVRQ LQ D VWDWH RI SRVWVH[ LPSXULWZDQWV WR HDW GULQN RU KDYH LQWHUFRXUVH DJDLQ KH VKRXOG 
SHUIRUPDEOXWLRQ 
6DLG 
$LVKDK :KHQ WKH 3URSKHW XSRQ ZKRP EH SHDFH ZDV LQ D VWDWH RI LPSXULW EHFDXVH RI 
LQWHUFRXUVHDQGZDQWHGWRHDWRUVOHHSKHZRXOGSHUIRUPDEOXWLRQ
$PPDULEQDVDUUHSRUWHGWKDW 
WKH 3URSKHW SHUPLWWHG D SHUVRQ LQ SRVWVH[LPSXULW WR HDW GULQN RU VOHHS LI KH SHUIRUPHG DEOXWLRQ 
ILUVW5HODWHGE$KPDGDQGDW7LUPL]KLZKRFODVVLILHGLWDVVDKLK
$EX6D
HHGUHSRUWHGWKDWWKH3URSKHWXSRQZKRPEHSHDFHVDLG,IRQHKDVLQWHUFRXUVHZLWKKLVZLIH 
DQG ZDQWV WR UHSHDW WKH DFW KH VKRXOG SHUIRUP DEOXWLRQ 5HODWHG E WKH JURXS H[FHSW IRU DO 
%XNKDUL,EQ.KX]DLPDK,EQ+LEEDQDQGDO+DNLPUHFRUGHGLWZLWKWKHDGGLWLRQ,WPDNHVWKHUHWXUQ 
PRUHYLYDFLRXV
)LTK%HIRUHSHUIRUPLQJJKXVO 
,W LV SUHIHUUHG WR SHUIRUP DEOXWLRQ EHIRUH JKXVO UHJDUGOHVV RIZKHWKHU WKDW SDUWLFXODU JKXVO ZDV DQ 
REOLJDWRU RU D SUHIHUUHG DFW 6DLG 
$LVKDK:KHQ WKH0HVVHQJHU RI$OODK XSRQZKRP EH SHDFH 
SHUIRUPHGSRVWVH[JKXVOKHZRXOGEHJLQEZDVKLQJKLVKDQGVDQGWKHQSRXUZDWHUIURPKLVULJKW 
KDQG WR KLV OHIW DQG ZDVK KLV SULYDWH SDUWV +H ZRXOG WKHQ SHUIRUP DEOXWLRQ 5HODWHG E WKH 
JURXS
)LTKD%HIRUHHDWLQJIRRGWRXFKHGEILUH 
6DLG,EUDKLPLEQ
$EGXOODKLEQ4DUL]K,SDVVHGE$EX+XUDLUDKZKLOHKHZDVSHUIRUPLQJDEOXWLRQ 
DQGKHVDLG
'RRXNQRZZK,DPPDNLQJDEOXWLRQ,WLVEHFDXVH,DWHVRPHRJKXUWGULHGRYHUD 
ILUH IRU , KHDUG WKH0HVVHQJHU RI$OODKVD
3HUIRUPDEOXWLRQEHIRUHHDWLQJIRRGWRXFKHGEILUH 
5HODWHGE$KPDG0XVOLPDQGWKHIRXU
$LVKDKUHODWHGWKDWWKH3URSKHWXSRQZKRPEHSHDFHVDLG3HUIRUPDEOXWLRQIURPZKDWHYHUWRXFKHV 
ILUH5HODWHGE$KPDG0XVOLPDQ1DVD
LDQG,EQ0DMDK
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah
Fiqh us-sunnah

Mais conteúdo relacionado

Mais procurados

Material On The Authenticity Of The Quran
Material On The Authenticity Of The QuranMaterial On The Authenticity Of The Quran
Material On The Authenticity Of The Quran
zakir2012
 
The Ideal Muslim
The Ideal MuslimThe Ideal Muslim
The Ideal Muslim
zakir2012
 
Other tongues other flesh - by george hunt williamson
Other tongues   other flesh - by george hunt williamsonOther tongues   other flesh - by george hunt williamson
Other tongues other flesh - by george hunt williamson
PublicLeaker
 
Remedies lecture 1
Remedies lecture 1Remedies lecture 1
Remedies lecture 1
FAROUQ
 
Remedies lecture 2
Remedies lecture 2Remedies lecture 2
Remedies lecture 2
FAROUQ
 
Void and illegality lecture
Void and illegality lectureVoid and illegality lecture
Void and illegality lecture
FAROUQ
 
Quotes & gems of wisdom
Quotes & gems of wisdomQuotes & gems of wisdom
Quotes & gems of wisdom
Raj Luitel
 
Terms of contract
Terms of contractTerms of contract
Terms of contract
FAROUQ
 
Privity lecture & cases
Privity lecture & casesPrivity lecture & cases
Privity lecture & cases
FAROUQ
 
Discharge lecture
Discharge lectureDischarge lecture
Discharge lecture
FAROUQ
 

Mais procurados (17)

Répertoire des officiers généraux consultants
Répertoire des officiers généraux consultantsRépertoire des officiers généraux consultants
Répertoire des officiers généraux consultants
 
Material On The Authenticity Of The Quran
Material On The Authenticity Of The QuranMaterial On The Authenticity Of The Quran
Material On The Authenticity Of The Quran
 
The Ideal Muslim
The Ideal MuslimThe Ideal Muslim
The Ideal Muslim
 
Die kunst der gehirnwasche
Die kunst der gehirnwascheDie kunst der gehirnwasche
Die kunst der gehirnwasche
 
Other tongues other flesh - by george hunt williamson
Other tongues   other flesh - by george hunt williamsonOther tongues   other flesh - by george hunt williamson
Other tongues other flesh - by george hunt williamson
 
Remedies lecture 1
Remedies lecture 1Remedies lecture 1
Remedies lecture 1
 
Razonamientomatematico
RazonamientomatematicoRazonamientomatematico
Razonamientomatematico
 
1st book dr rahul & heena tiwari- periooral soft tissue & orthognathic surgery
1st book  dr rahul & heena tiwari- periooral soft tissue & orthognathic surgery1st book  dr rahul & heena tiwari- periooral soft tissue & orthognathic surgery
1st book dr rahul & heena tiwari- periooral soft tissue & orthognathic surgery
 
Remedies lecture 2
Remedies lecture 2Remedies lecture 2
Remedies lecture 2
 
Void and illegality lecture
Void and illegality lectureVoid and illegality lecture
Void and illegality lecture
 
Quotes & gems of wisdom
Quotes & gems of wisdomQuotes & gems of wisdom
Quotes & gems of wisdom
 
Terms of contract
Terms of contractTerms of contract
Terms of contract
 
2nd book dr rahul & heena tiwari- how to write an article and publish it - c...
2nd book  dr rahul & heena tiwari- how to write an article and publish it - c...2nd book  dr rahul & heena tiwari- how to write an article and publish it - c...
2nd book dr rahul & heena tiwari- how to write an article and publish it - c...
 
Privity lecture & cases
Privity lecture & casesPrivity lecture & cases
Privity lecture & cases
 
Devansu rathva life_ Biography friend's girlfriend
Devansu rathva life_ Biography friend's girlfriendDevansu rathva life_ Biography friend's girlfriend
Devansu rathva life_ Biography friend's girlfriend
 
Discharge lecture
Discharge lectureDischarge lecture
Discharge lecture
 
Twitter Traffic
Twitter TrafficTwitter Traffic
Twitter Traffic
 

Destaque

Plano ubicación
Plano ubicaciónPlano ubicación
Plano ubicación
zinthia
 
Wah 10th stakeholders_meeting_final
Wah 10th stakeholders_meeting_finalWah 10th stakeholders_meeting_final
Wah 10th stakeholders_meeting_final
Alison Perez
 
Topchef, Chicote y las nuevas recetas de siempre en los fogones de nuestra cr...
Topchef, Chicote y las nuevas recetas de siempre en los fogones de nuestra cr...Topchef, Chicote y las nuevas recetas de siempre en los fogones de nuestra cr...
Topchef, Chicote y las nuevas recetas de siempre en los fogones de nuestra cr...
Santiago Toribio Ayuga
 
ORANGE SPAGNE
ORANGE SPAGNEORANGE SPAGNE
ORANGE SPAGNE
rikardd41
 
Case of the kichwa indigenous peoples of sarayaku v. ecuador
Case of the kichwa indigenous peoples of sarayaku v. ecuadorCase of the kichwa indigenous peoples of sarayaku v. ecuador
Case of the kichwa indigenous peoples of sarayaku v. ecuador
Dr Lendy Spires
 
Temas propuestos
Temas propuestosTemas propuestos
Temas propuestos
lauosorio
 
S Sorensen Design Portfolio Nfm 2011
S Sorensen Design Portfolio Nfm 2011S Sorensen Design Portfolio Nfm 2011
S Sorensen Design Portfolio Nfm 2011
Steven Sorensen
 
بعد الفجر
بعد الفجربعد الفجر
بعد الفجر
Amel Hope
 
Shinjang milliytaristlirining sowit_bilen_bolghan_alaqisi
Shinjang milliytaristlirining sowit_bilen_bolghan_alaqisiShinjang milliytaristlirining sowit_bilen_bolghan_alaqisi
Shinjang milliytaristlirining sowit_bilen_bolghan_alaqisi
akax001 akax001
 

Destaque (20)

Plano ubicación
Plano ubicaciónPlano ubicación
Plano ubicación
 
Wah 10th stakeholders_meeting_final
Wah 10th stakeholders_meeting_finalWah 10th stakeholders_meeting_final
Wah 10th stakeholders_meeting_final
 
Lucia y miriam
Lucia y miriamLucia y miriam
Lucia y miriam
 
Topchef, Chicote y las nuevas recetas de siempre en los fogones de nuestra cr...
Topchef, Chicote y las nuevas recetas de siempre en los fogones de nuestra cr...Topchef, Chicote y las nuevas recetas de siempre en los fogones de nuestra cr...
Topchef, Chicote y las nuevas recetas de siempre en los fogones de nuestra cr...
 
El kalevala
El kalevalaEl kalevala
El kalevala
 
Coltan
ColtanColtan
Coltan
 
Es necesario recordar siempre las palabras del concilio Vaticano II: "De nada...
Es necesario recordar siempre las palabras del concilio Vaticano II: "De nada...Es necesario recordar siempre las palabras del concilio Vaticano II: "De nada...
Es necesario recordar siempre las palabras del concilio Vaticano II: "De nada...
 
Metlit ppt
Metlit pptMetlit ppt
Metlit ppt
 
Delyfeij procesadora de_yogurt_a_base_de_feijoa
Delyfeij procesadora de_yogurt_a_base_de_feijoaDelyfeij procesadora de_yogurt_a_base_de_feijoa
Delyfeij procesadora de_yogurt_a_base_de_feijoa
 
Programación QI ADI
Programación QI ADIProgramación QI ADI
Programación QI ADI
 
UK Brief Overview
UK Brief OverviewUK Brief Overview
UK Brief Overview
 
Coltan3
Coltan3Coltan3
Coltan3
 
ORANGE SPAGNE
ORANGE SPAGNEORANGE SPAGNE
ORANGE SPAGNE
 
Case of the kichwa indigenous peoples of sarayaku v. ecuador
Case of the kichwa indigenous peoples of sarayaku v. ecuadorCase of the kichwa indigenous peoples of sarayaku v. ecuador
Case of the kichwa indigenous peoples of sarayaku v. ecuador
 
Temas propuestos
Temas propuestosTemas propuestos
Temas propuestos
 
Clase 10 accesos
Clase 10 accesosClase 10 accesos
Clase 10 accesos
 
S Sorensen Design Portfolio Nfm 2011
S Sorensen Design Portfolio Nfm 2011S Sorensen Design Portfolio Nfm 2011
S Sorensen Design Portfolio Nfm 2011
 
بعد الفجر
بعد الفجربعد الفجر
بعد الفجر
 
Vanadio
VanadioVanadio
Vanadio
 
Shinjang milliytaristlirining sowit_bilen_bolghan_alaqisi
Shinjang milliytaristlirining sowit_bilen_bolghan_alaqisiShinjang milliytaristlirining sowit_bilen_bolghan_alaqisi
Shinjang milliytaristlirining sowit_bilen_bolghan_alaqisi
 

Semelhante a Fiqh us-sunnah

A Note On Phillips Curve (The Phillips Curve Was Simply A Set of Observations...
A Note On Phillips Curve (The Phillips Curve Was Simply A Set of Observations...A Note On Phillips Curve (The Phillips Curve Was Simply A Set of Observations...
A Note On Phillips Curve (The Phillips Curve Was Simply A Set of Observations...
ayshaayyoob2003
 
En contemporary issues
En contemporary issuesEn contemporary issues
En contemporary issues
Loveofpeople
 
La guerra de las plantas alelopatia
La guerra de las plantas alelopatiaLa guerra de las plantas alelopatia
La guerra de las plantas alelopatia
unellezvipi
 
Ontario Handbook - Regular.pdf
Ontario Handbook - Regular.pdfOntario Handbook - Regular.pdf
Ontario Handbook - Regular.pdf
AsadNaveed22
 
Los derechos de los animales - Hector Hidalgo (2xhoja36).pdf
Los derechos de los animales - Hector Hidalgo (2xhoja36).pdfLos derechos de los animales - Hector Hidalgo (2xhoja36).pdf
Los derechos de los animales - Hector Hidalgo (2xhoja36).pdf
yenifferdenisseoband1
 
Tarification stam jort 1999
Tarification stam jort 1999Tarification stam jort 1999
Tarification stam jort 1999
Mehdi Maatoug
 

Semelhante a Fiqh us-sunnah (20)

Module 1.pdf
Module 1.pdfModule 1.pdf
Module 1.pdf
 
Capítulo 8. Los Agentes Químicos sobre las Bacterias
Capítulo 8.  Los Agentes Químicos sobre las BacteriasCapítulo 8.  Los Agentes Químicos sobre las Bacterias
Capítulo 8. Los Agentes Químicos sobre las Bacterias
 
A Note On Phillips Curve (The Phillips Curve Was Simply A Set of Observations...
A Note On Phillips Curve (The Phillips Curve Was Simply A Set of Observations...A Note On Phillips Curve (The Phillips Curve Was Simply A Set of Observations...
A Note On Phillips Curve (The Phillips Curve Was Simply A Set of Observations...
 
The Ideal Muslim
The Ideal MuslimThe Ideal Muslim
The Ideal Muslim
 
The Ideal Muslim
The Ideal MuslimThe Ideal Muslim
The Ideal Muslim
 
Alesandru duţu romania in istoria secolului xx
Alesandru duţu romania in istoria secolului xxAlesandru duţu romania in istoria secolului xx
Alesandru duţu romania in istoria secolului xx
 
En contemporary issues
En contemporary issuesEn contemporary issues
En contemporary issues
 
Contemporary Issues
Contemporary IssuesContemporary Issues
Contemporary Issues
 
La guerra de las plantas alelopatia
La guerra de las plantas alelopatiaLa guerra de las plantas alelopatia
La guerra de las plantas alelopatia
 
Ontario Handbook - Regular.pdf
Ontario Handbook - Regular.pdfOntario Handbook - Regular.pdf
Ontario Handbook - Regular.pdf
 
Module 3.pdf
Module 3.pdfModule 3.pdf
Module 3.pdf
 
Los derechos de los animales - Hector Hidalgo (2xhoja36).pdf
Los derechos de los animales - Hector Hidalgo (2xhoja36).pdfLos derechos de los animales - Hector Hidalgo (2xhoja36).pdf
Los derechos de los animales - Hector Hidalgo (2xhoja36).pdf
 
Emergency thoracotomy for cardiac or great vessel injuries: a report of 5 cases.
Emergency thoracotomy for cardiac or great vessel injuries: a report of 5 cases.Emergency thoracotomy for cardiac or great vessel injuries: a report of 5 cases.
Emergency thoracotomy for cardiac or great vessel injuries: a report of 5 cases.
 
Devansu rathva life_downloadable_proof and YouTuber life is sad to
Devansu rathva life_downloadable_proof and YouTuber life is sad toDevansu rathva life_downloadable_proof and YouTuber life is sad to
Devansu rathva life_downloadable_proof and YouTuber life is sad to
 
Islam Perfectly Complete
Islam Perfectly CompleteIslam Perfectly Complete
Islam Perfectly Complete
 
40 hadeeth qudsi
40 hadeeth qudsi40 hadeeth qudsi
40 hadeeth qudsi
 
IEC 2014_Wera Supa
IEC 2014_Wera  SupaIEC 2014_Wera  Supa
IEC 2014_Wera Supa
 
100 Ways of Greening your Life - Walk Cheerfully, Step Lightly
100 Ways of Greening your Life - Walk Cheerfully, Step Lightly 100 Ways of Greening your Life - Walk Cheerfully, Step Lightly
100 Ways of Greening your Life - Walk Cheerfully, Step Lightly
 
Seneca -de_la_brevedad_de_la_vida[1]
Seneca  -de_la_brevedad_de_la_vida[1]Seneca  -de_la_brevedad_de_la_vida[1]
Seneca -de_la_brevedad_de_la_vida[1]
 
Tarification stam jort 1999
Tarification stam jort 1999Tarification stam jort 1999
Tarification stam jort 1999
 

Mais de Noor Al Islam

Mais de Noor Al Islam (20)

رسم المصحف ونقطه
رسم المصحف ونقطهرسم المصحف ونقطه
رسم المصحف ونقطه
 
قصص القران الكيم
قصص القران الكيمقصص القران الكيم
قصص القران الكيم
 
صفات الموؤمنين في القران الكريم
صفات الموؤمنين في القران الكريمصفات الموؤمنين في القران الكريم
صفات الموؤمنين في القران الكريم
 
التجويد
التجويدالتجويد
التجويد
 
The path of faith
The path of faithThe path of faith
The path of faith
 
Islam and science vol 2
Islam and science vol 2Islam and science vol 2
Islam and science vol 2
 
Islam and science vol 3
Islam and science vol 3Islam and science vol 3
Islam and science vol 3
 
Islam and science vol 4
Islam and science vol 4Islam and science vol 4
Islam and science vol 4
 
Islam and science vol 5
Islam and science vol 5Islam and science vol 5
Islam and science vol 5
 
Islam and science vol 7
Islam and science vol 7Islam and science vol 7
Islam and science vol 7
 
Islam and science vol 6
Islam and science vol 6Islam and science vol 6
Islam and science vol 6
 
Islam and science vol 1
Islam and science vol 1Islam and science vol 1
Islam and science vol 1
 
Who is allah and his prophet
Who is allah and his prophetWho is allah and his prophet
Who is allah and his prophet
 
Honor thy father and mother
Honor thy father and motherHonor thy father and mother
Honor thy father and mother
 
Common questions people ask about islam
Common questions people ask about islamCommon questions people ask about islam
Common questions people ask about islam
 
A call to the real salvation
A call to the real salvationA call to the real salvation
A call to the real salvation
 
Human rights in islam
Human rights in islamHuman rights in islam
Human rights in islam
 
Neighbor's rights
Neighbor's rightsNeighbor's rights
Neighbor's rights
 
أسماء وصفات الله عز وجل 4
أسماء وصفات الله عز وجل 4أسماء وصفات الله عز وجل 4
أسماء وصفات الله عز وجل 4
 
أسماء وصفات الله عز وجل 3
أسماء وصفات الله عز وجل 3أسماء وصفات الله عز وجل 3
أسماء وصفات الله عز وجل 3
 

Fiqh us-sunnah