installation and operating instructions versa - PoolSupplies.com

Jul 1, 2002 ... Raypak recommends that this manual be reviewed thoroughly before installing your Raypak pool/spa heater. If there are any questions th...

11 downloads 625 Views 629KB Size
,167$//$7,21 $1'23(5$7,1* ,16758&7,216

&$7$/2*122 (IIHFWLYH  5HSODFHV 

0RGHOV %

9(56$ 63$ DQG +2778%+($7(5

:$51,1*,IWKHLQIRUPDWLRQLQWKHVHLQVWUXFWLRQVDUHQRWIROORZHGH[DFWO\DILUH RUH[SORVLRQPD\UHVXOWFDXVLQJSURSHUW\GDPDJHSHUVRQDOLQMXU\RUGHDWK ² 'RQRWVWRUHRUXVHJDVROLQHRURWKHUIODPPDEOHYDSRUVDQGOLTXLGVLQWKH YLFLQLW\RIWKLVRUDQ\RWKHUDSSOLDQFH ² :+$772'2,)<2860(//*$6 ‡ 'RQRWWU\WROLJKWDQ\DSSOLDQFH ‡ 'RQRWWRXFKDQ\HOHFWULFDOVZLWFKGRQRWXVHDQ\SKRQHLQ\RXUEXLOGLQJ ‡ ,PPHGLDWHO\FDOO\RXUJDVVXSSOLHUIURPDQHLJKERU VSKRQH)ROORZWKHJDV VXSSOLHU VLQVWUXFWLRQV ‡ ,I\RXFDQQRWUHDFK\RXUJDVVXSSOLHUFDOOWKHILUHGHSDUWPHQW ² ,QVWDOODWLRQDQGVHUYLFHPXVWEHSHUIRUPHGE\DTXDOLILHGLQVWDOOHUVHUYLFH DJHQF\RUWKHJDVVXSSOLHU 7KLVPDQXDOVKRXOGEHPDLQWDLQHGLQOHJLEOHFRQGLWLRQDQGNHSWDGMDFHQWWRWKH KHDWHURUNHSWLQDVDIHSODFHIRUIXWXUHUHIHUHQFH

3DUW1R

&RQWHQWV



3$5721(2ZQHU V2SHUDWLQJ,QVWUXFWLRQV

  



6(&7,2167$5783352&('85(6 %HIRUH6WDUW8S /LJKWLQJ,QVWUXFWLRQV 6KXW2II3URFHGXUHV PDQXDOO\OLJKWHGSLORW09 2SHUDWLQJ,QVWUXFWLRQV 6KXW2II3URFHGXUHV DXWRPDWLFDOO\OLJKWHGSLORW,,' $IWHU6WDUW8S



6(&7,21&$87,21

  

6(&7,210$,17(1$1&( &$5(352&('85(6 3RRO 6SD:DWHU&KHPLVWU\ :LQWHUL]LQJWKH3RRODQG6SD+HDWHU



3$577:2,QVWDOODWLRQ6HUYLFH,QVWUXFWLRQV



6(&7,215(&(,9,1*(48,30(17



6(&7,21*(1(5$/63(&,),&$7,216

        

6(&7,21,167$//$7,21,16758&7,216 &RGH5HTXLUHPHQWV %DVH,QVWDOODWLRQ &OHDUDQFHV &RPEXVWLRQ$LU 9HQWLQJ&RQQHFWLRQV *DV6XSSO\&RQQHFWLRQV 3OXPELQJIRU:DWHU&RQQHFWLRQV (OHFWULFDO:LULQJ

                

6(&7,216(59,&,1*,16758&7,216 *HQHUDO/RFDWLRQRI&RQWUROV &RQWURO$GMXVWPHQWV5HSODFHPHQWV 3UHVVXUH6ZLWFK )ODPH5ROO2XW6DIHW\6ZLWFK +LJK/LPLW +LJK/LPLW5HPRYDO 3LORW6DIHW\ %XUQHU'UDZHU5HPRYDO *DV9DOYH 0DLQ%XUQHU 2ULILFH 3LORW5HPRYDO &OHDQLQJ +HDW([FKDQJHU5HPRYDO 'HVRRWLQJ3URFHGXUH &RPEXVWLRQ&KDPEHU5HPRYDO &RQWURO,PPHUVLRQ:HOO5HSODFHPHQW 8QLWKHUP*RYHUQRU5HSODFHPHQW

   

6(&7,217528%/(6+227,1**8,'( 0HFKDQLFDO (OHFWULFDO098QLWV (OHFWULFDO,,'8QLWV



6(&7,215(3/$&(0(173$576





3$5721(2:1(5 623(5$7,1*,16758&7,216 )25<2856$)(7<5($'%()25(23(5$7,1* :$51,1*,)<28'2127)2//2:7+(6( ,16758&7,216(;$&7/<$),5(25(;3/2 6,210$<5(68/7&$86,1*3523(57<'$0 $*(3(5621$/,1-85<25/2662)/,)(

6(&7,2167$5783352&('85(6 %()25(67$5783 %851(56 &OHDQPDLQEXUQHUVDQGDLUORXYHUVRIGXVWOLQWDQG GHEULV .HHS KHDWHU DUHD FOHDU DQG IUHH IURP FRP EXVWLEOHV IODPPDEOH OLTXLGV DQG FKHPLFDOV 'R QRW REVWUXFWWKHIORZRIFRPEXVWLRQDQGYHQWLODWLQJDLU

:$7(5 )LUVWWKLQJLQVXUHWKDWV\VWHPLVILOOHGZLWKZDWHU DQG KDYH SXPS RSHUDWLQJ :DWHU PXVW EH IORZLQJ WKURXJKWKHKHDWHUGXULQJRSHUDWLRQ

)LJV



&$87,213URSDQHJDVLVKHDYLHUWKDQDLUDQGZLOOVHWWOHRQWKHJURXQG6LQFHSURSDQHFDQDFFXPXODWHLQ FRQILQHGDUHDVH[WUDFDUHVKRXOGEHH[HUFLVHGZKHQOLJKWLQJSURSDQHKHDWHUV /,*+7,1*,16758&7,216$1'6+872))352&('85(6 0$18$//</,*+7('3,/276  0,//,92/76<67(0 $ 7KLVDSSOLDQFHKDVDSLORWWKDWPXVWEHOLJKWHGE\

,I\RXFDQQRWUHDFK\RXUJDVVXSSOLHUFDOOWKH KDQG:KHQOLJKWLQJWKHSLORWIROORZWKHVH ILUHGHSDUWPHQW LQVWUXFWLRQVH[DFWO\ & 8VHRQO\\RXUKDQGWRSXVKLQRUWXUQWKHJDV FRQWURONQRE1HYHUXVHWRROV,IWKHNQREZLOOQRW SXVKLQRUWXUQE\KDQGGRQRWWU\WRUHSDLULW&DOO DTXDOLILHGVHUYLFHWHFKQLFLDQ)RUFHRUDWWHPSWHG UHSDLUPD\UHVXOWLQDILUHRUH[SORVLRQ

% %()25(/,*+7,1*VPHOODOODURXQGWKHDSSOL DQFHDUHDIRUJDV%HVXUHWRVPHOOQH[WWRWKH IORRUEHFDXVHVRPHJDVLVKHDYLHUWKDQDLUDQG ZLOOVHWWOHRQWKHIORRU :+$772'2,)<2860(//*$6

'RQRWWU\WROLJKWDQ\DSSOLDQFH

'RQRWWRXFKDQ\HOHFWULFVZLWFKGRQRWXVHDQ\ SKRQHLQ\RXUEXLOGLQJ

' 'RQRWXVHWKLVDSSOLDQFHLIDQ\SDUWKDVEHHQ XQGHUZDWHU,PPHGLDWHO\FDOODTXDOLILHGVHUYLFH WHFKQLFLDQWRLQVSHFWWKHDSSOLDQFHDQGWRUH SODFHDQ\SDUWRIWKHFRQWUROV\VWHPDQGDQ\JDV FRQWUROZKLFKKDVEHHQXQGHUZDWHU

,PPHGLDWHO\FDOO\RXUJDVVXSSOLHUIURPDQHLJK ERU VSKRQH)ROORZWKHJDVVXSSOLHU VLQVWUXF WLRQV /,*+7,1*,16758&7,216     

67235HDGWKHVDIHW\LQIRUPDWLRQDERYH 6HWWKHWKHUPRVWDWRQWKHORZHVWVHWWLQJ 7XUQ2Q2IIVZLWFKWRWKH2IISRVLWLRQ 5HPRYHKHDWHUGRRUSDQHO 3XVKLQJDVFRQWURONQREVOLJKWO\DQGWXUQFORFN ZLVHWR2II 127( .QREFDQQRWEHWXUQHGIURP3LORWWR 2IIXQOHVVNQRELVSXVKHGLQVOLJKWO\'RQRW IRUFH

52%(576+$:3,/27 )LJ

 :DLWPLQXWHVWRFOHDURXWDQ\JDV,I\RXWKHQ VPHOOJDV6723)ROORZ%LQWKHVDIHW\ LQIRUPDWLRQDERYH,I\RXGRQ WVPHOOJDVJRWR WKHQH[WVWHS  /RFDWHSLORWPRXQWHGRQWKHOHIWVLGHRIWKH EXUQHUGUDZHU)RUEXUQHUGUDZHUORFDWLRQ VHHORFDWLRQRIFRQWUROVHFWLRQSDJH

)LJ

)LJ

 7XUQNQRERQJDVFRQWUROFRXQWHUFORFNZLVH WR3LORW  3XVKLQFRQWURONQREDOOWKHZD\DQGKROGLQ ,PPHGLDWHO\SODFHIODPHWRSLORWWROLJKW &RQWLQXHWRKROGFRQWURONQRELQIRUDERXW PLQXWHDIWHUWKHSLORWLVOLJKWHGUHOHDVHNQRE DQGLWZLOOSRSEDFNXS3LORWVKRXOGUHPDLQ OLJKWHG,ILWJRHVRXWUHSHDWVWHSVWKURXJK

,INQREGRHVQRWSRSXSZKHQUHOHDVHGVWRS DQGLPPHGLDWHO\FDOO\RXUVHUYLFHWHFKQLFLDQ RUJDVVXSSOLHU

,IWKHSLORWGRHVQRWVWD\OLWDIWHUVHYHUDOWULHV WXUQWKHJDVFRQWURONQREWR2IIDQGFDOO\RXU VHUYLFHWHFKQLFLDQRUJDVVXSSOLHU  6WDQGWRWKHVLGHRIWKHKHDWHUDQGWXUQWKHJDV FRQWURONQREFRXQWHUFORFNZLVHWR2Q  5HSODFHKHDWHUGRRUSDQHO  7XUQ2Q2IIVZLWFKWRWKH2QSRVLWLRQ  6HWWKHUPRVWDWWRWKHGHVLUHGVHWWLQJ

*DVFRQWURONQREVVKRZQLQ2IISRVLWLRQ

+21(<:(// *$69$/9( 0,//,92/7

+21(<:(//3,/27

52%(576+$: *$69$/9( 0,//,92/7 )LJ

7278512))*$672$33/,$1&(  3XVKWKHJDVFRQWURONQREVOLJKWO\DQGWXUQ  6HWWKHWKHUPRVWDWWRWKHORZHVWVHWWLQJ FORFNZLVHWR2II'RQRWIRUFH  7XUQ2Q2IIVZLWFKWRWKH2IISRVLWLRQ  5HSODFHKHDWHUGRRUSDQHO  5HPRYHKHDWHUGRRUSDQHO 

&$87,213URSDQHJDVLVKHDYLHUWKDQDLUDQGZLOOVHWWOHRQWKHJURXQG6LQFHSURSDQHFDQDFFXPXODWHLQ FRQILQHGDUHDVH[WUDFDUHVKRXOGEHH[HUFLVHGZKHQOLJKWLQJSURSDQHKHDWHUV 23(5$7,1*,16758&7,216$1'6+872))352&('85(6 $8720$7,&$//</,*+7('3,/276

(/(&7521,&,*1,7,216<67(06

$ 7KLVDSSOLDQFHLVHTXLSSHGZLWKDQLJQLWLRQ GHYLFHZKLFKDXWRPDWLFDOO\OLJKWVWKHSLORW'R QRWWU\WROLJKWWKHSLORWE\KDQG

,I\RXFDQQRWUHDFK\RXUJDVVXSSOLHUFDOOWKH ILUHGHSDUWPHQW & 8VHRQO\\RXUKDQGWRSXVKLQRUWXUQWKH JDVFRQWURONQRE1HYHUXVHWRROV,IWKH NQREZLOOQRWSXVKLQRUWXUQE\KDQGGRQRWWU\ WRUHSDLULWFDOODTXDOLILHGVHUYLFHWHFKQLFLDQ )RUFHRUDWWHPSWHGUHSDLUPD\UHVXOWLQILUHRU H[SORVLRQ ' 'RQRWXVHWKLVDSSOLDQFHLIDQ\SDUWKDVEHHQ XQGHUZDWHU,PPHGLDWHO\FDOODTXDOLILHGVHUYLFH WHFKQLFLDQWRLQVSHFWWKHDSSOLDQFHDQGWRUH SODFHDQ\SDUWRIWKHFRQWUROV\VWHPDQGDQ\JDV FRQWUROZKLFKKDVEHHQXQGHUZDWHU

% %()25(23(5$7,1*VPHOODOODURXQGWKH DSSOLDQFHDUHDIRUJDV%HVXUHWRVPHOOQH[W WRWKHIORRUEHFDXVHVRPHJDVLVKHDYLHUWKDQ DLUDQGZLOOVHWWOHRQWKHIORRU :+$772'2,)<2860(//*$6

'RQRWWU\WROLJKWDQ\DSSOLDQFH

'RQRWWRXFKDQ\HOHFWULFVZLWFKGRQRWXVH DQ\SKRQHLQ\RXUEXLOGLQJ

,PPHGLDWHO\FDOO\RXUJDVVXSSOLHUIURPD QHLJKERU VSKRQH)ROORZWKHJDVVXSSOLHU V LQVWUXFWLRQV

23(5$7,1*,16758&7,216      





*DVFRQWURONQREVKRZQLQ21SRVLWLRQ

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

*$69$/9(,,'

)LJ

 5HSODFHKHDWHUGRRUSDQHO  7XUQRQDOOHOHFWULFDOSRZHUWRDSSOLDQFH  6HWWKHUPRVWDWWRGHVLUHGVHWWLQJ  ,IWKHDSSOLDQFHZLOOQRWRSHUDWHIROORZWKH LQVWUXFWLRQV7R7XUQ2II*DV7R$SSOLDQFHDQG FDOO\RXUVHUYLFHWHFKQLFLDQRUJDVVXSSOLHU

7278512))*$672$33/,$1&(  6HWWKHWKHUPRVWDWDWWKHORZHVWVHWWLQJ  7XUQRIIDOOWKHHOHFWULFSRZHUWRWKHDSSOLDQFHLI VHUYLFHLVWREHSHUIRUPHG  5HPRYHKHDWHUGRRUSDQHO

 3XVKLQJDVFRQWURONQREVOLJKWO\DQGWXUQ FORFNZLVHWR2II  5HSODFHKHDWHUGRRUSDQHO



$)7(567$5783

6(&7,21&$87,21

)HHOWKHLQOHWDQGRXWOHWSLSHV2XWOHWSLSHVKRXOGEH RQO\VOLJKWO\ZDUPHUWKDQWKHLQOHW,WVKRXOGQRWEHKRW

(OHYDWHGZDWHUWHPSHUDWXUHFDQEHKD]DUGRXV DQGWKH86&RQVXPHU3URGXFW6DIHW\&RPPLVVLRQ UHFRPPHQGVWKHIROORZLQJJXLGHOLQHV

:$51,1*6KRXOGRYHUKHDWLQJRFFXURUWKHJDVVXS SO\ IDLOWRVKXWRIIWXUQRIIWKHPDQXDOJDVFRQWUROYDOYH WRWKH DSSOLDQFH

 6SDRUKRWWXEZDWHUWHPSHUDWXUHVVKRXOGQHYHU H[FHHGƒ) ƒ& $WHPSHUDWXUHRIƒ) ƒ& LVFRQVLGHUHGVDIHIRUDKHDOWK\DGXOW 6SHFLDOFDXWLRQLVVXJJHVWHGIRU\RXQJFKLOGUHQ  'ULQNLQJRIDOFRKROLFEHYHUDJHVEHIRUHRUGXULQJ VSDRUKRWWXEXVHFDQFDXVHGURZVLQHVVZKLFK FRXOGOHDGWRXQFRQVFLRXVQHVVDQGVXEVH TXHQWO\UHVXOWLQGURZQLQJ  3UHJQDQWZRPHQEHZDUH6RDNLQJLQZDWHURYHU ƒ) ƒ& FDQFDXVHIHWDOGDPDJHGXULQJ WKHILUVWWKUHHPRQWKVRISUHJQDQF\ UHVXOWLQJLQ WKHELUWKRIDEUDLQGDPDJHGRUGHIRUPHGFKLOG  3UHJQDQWZRPHQVKRXOGVWLFNWRWKHƒ) ƒ& PD[LPXPUXOH  %HIRUHHQWHULQJWKHVSDRUKRWWXEXVHUVVKRXOG FKHFNWKHZDWHUWHPSHUDWXUHZLWKDQDFFXUDWH WKHUPRPHWHUVSDRUKRWWXEWKHUPRVWDWVPD\HUU LQUHJXODWLQJZDWHUWHPSHUDWXUHVE\DVPXFKDV IRXUGHJUHHV)DKUHQKHLW ƒ&   3HUVRQVZLWKDPHGLFDOKLVWRU\RIKHDUWGLVHDVH FLUFXODWRU\SUREOHPVGLDEHWHVRUEORRGSUHV VXUHSUREOHPVVKRXOGREWDLQDSK\VLFLDQ V DGYLFHEHIRUHXVLQJSRROVRUKRWWXEV  3HUVRQVWDNLQJPHGLFDWLRQVZKLFKLQGXFH GURZVLQHVVVXFKDVWUDQTXLOL]HUVDQWLKLVWD PLQHVRUDQWLFRDJXODQWVVKRXOGQRWXVHVSDVRU KRWWXEV

9,68$/,163(&7,21 :LWKWKHKHDWHURQUHPRYHWKHGRRUDQGPDNHD YLVXDOFKHFNRIWKHSLORWDQGEXUQHU 7KH IODPH VKRXOG EH EOXH ZLWK D ZHOOGHILQHG SDWWHUQ

0$;

)LJ

0$,1%851(5)/$0(

)LJ

6(&7,210$,17(1$1&( $1'&$5(352&('85(6

3,/27%851(5)/$0( $\HOORZRUIORDWLQJIODPHLQGLFDWHVUHVWULFWHGDLU RSHQLQJVRULQFRUUHFWRULILFHVL]H6KRXOGWKLVRFFXU VKXWWKHKHDWHURIIDQGFRQWDFW\RXULQVWDOOHURUJDV VXSSOLHU

7REHIROORZHGRQHPRQWKDIWHUVWDUWXSDQGWKHQ VHPLDQQXDOO\  ,QVSHFWWRSRIKHDWHUDQGGUDIWKRRGIRUVRRW D VWLFN\EODFNVXEVWDQFHDURXQGILQQHGWXEHV EDIIOHDQGRSHQIOXHJDVSDVVDJHZD\V 

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

&$87,216RRWPD\EHFRPEXVWLEOH:HWVRRWHG VXUIDFHVFRPSOHWHO\SULRUWRFOHDQLQJ'RQRWXVH VWHHOZLUHEUXVK  &OHDQPDLQEXUQHUVDQGSLORWEXUQHURIGXVWDQG OLQW  ,QVSHFWDQGRSHUDWHDOOFRQWUROVJDVYDOYHDQG SUHVVXUHUHOLHIYDOYH



 0DNHYLVXDOFKHFNRIWKHEXUQHUDQGSLORWIODPH )ODPHSDWWHUQRQWKHPDLQEXUQHUDQGSLORWLV LQGLFDWHGLQWKHSUHYLRXVLOOXVWUDWLRQ
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

&$87,21&RPEXVWLRQDLUPXVWQRWEHFRQWDPLQDWHG E\FRUURVLYHFKHPLFDOIXPHVZKLFKFDQGDPDJHWKH KHDWHUDQGYRLGWKHZDUUDQW\

&2/':($7+(523(5$7,21 02'(5$7( &/,0$7( +HDWHU RSHUDWLRQ FDQ FRQ WLQXHGXULQJVKRUWWHUPFROGVSHOOV:KHQWHPSHUD WXUHVDUHEHORZIUHH]LQJIORZ FRQWLQXRXVSXPSRS HUDWLRQ PXVWEHPDLQWDLQHG

 .HHSDUHDDURXQGKHDWHUFOHDUDQGIUHHIURP FRPEXVWLEOHPDWHULDOVDQGRWKHUIODPPDEOHDQG FRUURVLYHYDSRUVDQGOLTXLGV

&$87,21'RQRWXVHWKHKHDWHUWRPDLQWDLQZDWHU WHPSHUDWXUHVMXVWDERYHIUHH]LQJRUIRUIUHH]HSURWHF WLRQ:KHQKHDWHUVDUHXVHGGXULQJIUHH]LQJZHDWKHU FDUHPXVWEHWDNHQWRDYRLGIUHH]HXSV&RQWLQXRXV SXPSRSHUDWLRQLVDPXVW$GGLWLRQDOSURWHFWLRQPD\ EH UHTXLUHG  7KH KHDWHU LV QRW ZDUUDQWHG DJDLQVW IUHH]HXSV

%$6,&7,36,)+($7(5:,//127),5(  ,I\RXKDYHQRHOHFWULFDOSRZHULWPD\EH\RXU FLUFXLWEUHDNHUVKDYHWULSSHG7U\UHVHWWLQJ WKHP  ,I\RXKDYHHOHFWULFDOSRZHUEXWWKHKHDWHUZLOO QRWILUH

&2/' &/,0$7( 3URORQJHG RSHUDWLRQ ZLWK ZDWHU WHPSHUDWXUHVEHORZƒ)LVQRWUHFRPPHQGHG:KHQ VWDUWLQJWKHKHDWHUZLWKSRROWHPSHUDWXUHVEHORZƒ) RSHUDWHWKHKHDWHUFRQWLQXRXVO\XQWLOKLJKHUWHPSHUD WXUHVDUHUHDFKHG2SHUDWLQJWKHKHDWHUIRUSURORQJHG SHULRGVZLWKSRROZDWHUEHORZƒFDQVHULRXVO\GDP DJHWKHKHDWHUDQGLVQRWFRYHUHGE\WKHZDUUDQW\

FKHFNWKHIROORZLQJ  7KHWLPHFORFNPXVWEHPRYHGWRWKH21 SRVLWLRQ 
)RU FROG FOLPDWH DUHDV SOHDVH IROORZ WKH ZLQWHUL]LQJ SURFHGXUHVOLVWHGEHORZ


:,17(5,=,1*7+(63$+($7(5 :KHQ KHDWHUV LQVWDOOHG RXWGRRUV LQ IUHH]LQJ FOL PDWHDUHDVDUHWREHVKXWGRZQIRUWKHZLQWHUREVHUYH WKHIROORZLQJVWHSE\VWHSSURFHGXUH

 7KHSXPSPD\KDYHORVWLW VSULPH,WPD\EH UXQQLQJGU\FKHFNWKHSUHVVXUHJDXJHRQWKH ILOWHU,IWKHUHLVQRSUHVVXUHWKHQ\RXDUHQRW PRYLQJZDWHU RU\RXUJDXJHLVEURNHQ 7U\WR JHWWKHSXPSWRUXQDWLW VQRUPDOIORZUDWH

 7XUQRIIJDVYDOYHPDQXDOJDVYDOYHDQGHOHFWUL FDOVXSSO\WRWKHKHDWHU  2SHQGUDLQFRFNORFDWHGRQWKHUHWXUQKHDGHU  'LVFRQQHFWFRPSUHVVLRQILWWLQJVIURPWKHSUHVVXUH VZLWFKDQGKHDGHUWKDWFRQQHFWWRWKH FRSSHUWXEHDQGDOORZWKHWXEHWRGUDLQ



3$57,167$//$7,216(59,&(,16758&7,216 6(&7,215(&(,9,1*(48,30(17

6(&7,21,167$//$7,21 ,16758&7,216

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

&$/,)251,$352326,7,21:$51,1*7KLVSURGXFWFRQ WDLQV FKHPLFDOV NQRZQ WR WKH 6WDWH RI &DOLIRUQLD WR FDXVH FDQFHUELUWKGHIHFWVRURWKHUUHSURGXFWLYHKDUP

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

6(&7,21*(1(5$/63(&,),&$7,21 7KHVHKHDWHUVDUHGHVLJQFHUWLILHGDQGWHVWHGXQGHU WKHUHTXLUHPHQWVRI$16,=&6$$PHULFDQ 1DWLRQDO6WDQGDUG&6$VWDQGDUGVIRUJDVILUHGSRRO KHDWHUV 7KHKHDWHULVLQWHUFKDQJHDEOHDQGFDQEHXVHGHLWKHU LQGRRURURXWGRRUV7KHDSSURSULDWHWRSGHVLJQDWHGIRU WKDWW\SHRIXVHLVUHTXLUHG,IGHVLUHGWKHWRSFDQEH FKDQJHGDWDODWHUGDWHWRFKDQJHIURPRXWGRRUWRLQGRRU RUYLFHYHUVD0LOOLYROWKHDWHUVFRQWDLQDVHOIJHQHUDWLQJ HOHFWULFDOV\VWHPRSHUDWLQJEHWZHHQDQGYROWV

&2'(5(48,5(0(176 127( 7KHKHDWHUVKRXOGQRWEHORFDWHGLQDQDUHD ZKHUHSRVVLEOHZDWHUOHDNDJHZLOOUHVXOWLQGDPDJHWR WKHDUHDDGMDFHQWWRWKHDSSOLDQFHRUWRWKHVWUXFWXUH :KHQVXFKORFDWLRQVFDQQRWEHDYRLGHGLWLVUHFRP PHQGHGWKDWDVXLWDEOHGUDLQSDQDGHTXDWHO\GUDLQHG EH LQVWDOOHG XQGHU WKH DSSOLDQFH 7KH SDQ PXVW QRW UHVWULFWFRPEXVWLRQDLUIORZ ,QVWDOODWLRQPXVWEHLQDFFRUGDQFHZLWKORFDOFRGHV RULQWKHDEVHQFHRIORFDOFRGHVZLWKWKHODWHVWHGLWLRQV RIWKH1DWLRQDO)XHO*DV&RGH$16,=DQGWKH 1DWLRQDO(OHFWULFDO&RGH$16,1)3$)RU&DQDGD WKHODWHVWHGLWLRQRI&$1&*$%DQG%

$0%,(177(03(5$785(5$7,1*2)+($7(5&20 321(176 0LOOLYROW+HDWHUZLWK+RQH\ZHOO*DV9DOYH ƒ)WRƒ) 0LOOLYROW+HDWHUZLWK5REHUWVKDZ*DV9DOYH ƒ)WRƒ) (OHFWURQLF,JQLWLRQ+HDWHUV ƒ)WRƒ)

5HTXLUHV9RU9SRZHUVXSSO\

%$6(,167$//$7,21 +HDWHUPXVWEHPRXQWHGRQDOHYHOVXUIDFH,WFDQ EHLQVWDOOHGRQFRPEXVWLEOHIORRULQJ+HDWHUVPD\QRW EHLQVWDOOHGRQFDUSHWLQJ &/($5$1&(6 :$51,1*7KHKHDWHUVKDOOQRWEHORFDWHGLQDQDUHD ZKHUHZDWHUVSULQNOHUVRURWKHUGHYLFHVPD\FDXVH ZDWHUWRVSUD\WKURXJKWKHFDELQHWORXYHUVDQGLQWRWKH KHDWHU  7KLV FRXOG FDXVH KHDY\ LQWHUQDO UXVWLQJ RU GDPDJHVRPHHOHFWULFDOFRPSRQHQWVDQGWKLVZRXOGYRLG WKHZDUUDQW\

5DWHGLQSXWVVXLWDEOHIRUXSWRIHHWHOHYDWLRQ)RU HOHYDWLRQVDERYHIHHWUHGXFHLQSXWIRUHDFK IHHWDERYHVHDOHYHODVKLJKHOHYDWLRQUHGXFHV FRPEXVWLRQSHUIRUPDQFH)RU&DQDGDUHGXFHLQSXW ZKHQLQVWDOOHGDWIRRWHOHYDWLRQ



$//+($7(56 )RU FOHDUDQFHV IURP FRPEXVWLEOH VXUIDFHV VHH FKDUWEHORZ

287'225+($7(56 7KHVH KHDWHUV DUH GHVLJQ FHUWLILHG IRU RXWGRRU LQVWDOODWLRQZKHQHTXLSSHGZLWKWKHDSSURYHGWRSGHV LJQDWHGIRURXWGRRUXVH

&OHDUDQFHVIURP&RPEXVWLEOHFRQVWUXFWLRQ ,QGRRU,QVWDOODWLRQ 7RS  'UDIWKRRG 9HQW %DFN5LJKW6LGH /HIW6LGH)ORRU 2XWGRRU,QVWDOODWLRQ 7RS  6WDFNOHVV7RS  XQREVWUXFWHG%DFN6LGHV

&OHDUDQFHIURP7RSRI9HQW7HUPLQDO

+HDWHUZLWK RXWGRRU7RS

)LJ

:$51,1*'RQRWLQVWDOOZLWKLQIHHWRID+HDW3XPS RUDQRXWGRRUFRQGHQVLQJXQLW6WURQJDLULQWDNHIURP WKHVHHTXLSPHQWFDQGLVWXUEWKHFRPEXVWLRQSURFHVV DQGFDXVHGDPDJHRUSHUVRQDOLQMXU\

)RUVHUYLFLQJSURYLGHDWOHDVWLQIURQWRIWKH KHDWHUIRUEXUQHUWUD\UHPRYDODQGDWOHDVWRQWKH OHIWVLGHRIWKHKHDWHUWRLQVSHFWDQGGHOLPHWKHKHDW H[FKDQJHU

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

4 foot Minimum

4 foot Minimum

4 foot Minimum

3 foot Minimum

1 foot

10 foot

Minimum

Minimum

Forced Air Inlet )LJ  

86,QVWDOODWLRQ2QO\ 

+,*+:,1'&21',7,216 287'22581,7621/< ,QDUHDVZKHUHKLJKZLQGVDUHIUHTXHQWLWPD\EH QHFHVVDU\WRORFDWHWKHKHDWHUDPLQLPXPRI IURP KLJKYHUWLFDOZDOOVRULQVWDOODZLQGEUHDNVRWKHKHDWHU LVQRWLQGLUHFWZLQGFXUUHQW

9(17,1*&211(&7,216 9(177(50,1$/ 2XWGRRU 67(3  5HPRYHWKH  VFUHZVZKLFKIDVWHQ MDFNHWWRSWRKHDWHU 67(3  /RZHURXWGRRUWRSRQWRXQLWOLQLQJXS VORWVLQRXWGRRUWRSZLWKVFUHZKROHVLQ MDFNHWWRS 67(3  5HLQVWDOO  VFUHZVWRVHFXUHMDFNHWWRS DQGRXWGRRUWRSWRXQLW

,1'225+($7(56 7KHGHVLJQLVDOVRFHUWLILHGIRULQGRRULQVWDOODWLRQ ZKHQ HTXLSSHG ZLWK WKH DSSURYHG GUDIW KRRG  )RU &DQDGDLQGRRULQVWDOODWLRQLVUHVWULFWHGWRDQHQFORVXUH WKDWLVQRWRFFXSLHGDQGGRHVQRWGLUHFWO\FRPPXQLFDWH ZLWKRFFXSLHGDUHD5HIHUWRWKHODWHVWHGLWLRQRI&$1 &*$% DQG % IRU VSHFLILF UHTXLUHPHQWV/RFDWHKHDWHUDVFORVHDVSUDFWLFDOWRD FKLPQH\RUJDVYHQW+HDWHUPXVWDOZD\VEHYHQWHGWR WKHRXWVLGH6HH9HQW3LSLQJ6HFWLRQIRUYHQWLQJGHWDLOV 0LQLPXPDOORZDEOHVSDFHLVVKRZQRQWKHQDPHSODWH

2XWGRRU7RS

-DFNHW7RS

+HDWHUZLWK ,QGRRU7RS

)LJ

)LJ

&20%867,21$,5 ,1'22581,7621/< $LU)RUFRPEXVWLRQ$QG9HQWLODWLRQ ,QGRRU8QLWV2QO\

9(177(50,1$/ ,QGRRU /RFDWH DQG DVVHPEOH DV VKRZQ 6HFXUH ZLWK VFUHZVVXSSOLHGLQHQYHORSHLQVLGHFDUWRQ

7KHKHDWHUPXVWKDYHERWKFRPEXVWLRQDQGYHQWL ODWLRQDLU0LQLPXPUHTXLUHPHQWVIRUQHWIUHHDLUVXSSO\ RSHQLQJVRQHLQFKHVIURPFHLOLQJIRUYHQWLODWLRQDQG RQH  LQFKHV IURP WKH IORRU IRU FRPEXVWLRQ DLU DV RXWOLQHGLQWKHODWHVWHGLWLRQRIWKH1DWLRQDO)XHO*DV&RGH = &DQDGD&$1&*$% DQG %  DQG DQ\ORFDOFRGHVWKDWPD\KDYHMXULVGLFWLRQ

'UDIW+RRG

0RXQWLQJ 6FUHZV

&$87,21&RPEXVWLRQDLUPXVWQRWEHFRQWDPLQDWHG E\ FRUURVLYH FKHPLFDO IXPHV ZKLFK FDQ GDPDJH WKH KHDWHUDQGYRLGWKHZDUUDQW\ D $OO$LU)URP,QVLGH7KH%XLOGLQJ (DFKRSHQLQJVKDOOKDYHDPLQLPXPRIQHWIUHH VTXDUHLQFKHV E $OO$LU)URP2XWGRRUV :KHQDLULVVXSSOLHGGLUHFWO\IURPRXWVLGHRI EXLOGLQJHDFKRSHQLQJVKDOOKDYHDPLQLPXPRI QHWIUHHVTXDUHLQFKHV

)LJ



9(173,3,1* :$51,1*,QGRRUERLOHUVUHTXLUHDGUDIWKRRGWKDW PXVWEHFRQQHFWHGWRDYHQWSLSHDQGSURSHUO\YHQWHG WR WKH RXWVLGH  )DLOXUH WR IROORZ WKLV SURFHGXUH FDQ FDXVHILUHRUIDWDOFDUERQPRQR[LGHSRLVRQLQJ 10' OR LESS VENT CAP

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

2' MIN 2' MIN

5' MIN VENT PIPE

DRAFT HOOD

HEATER



*$66833/<&211(&7,216 *DVSLSLQJPXVWKDYHDVHGLPHQWWUDSDKHDG RIWKHKHDWHUJDVFRQWUROVDQGDPDQXDOVKXWRIIYDOYH ORFDWHGRXWVLGHWKHKHDWHUMDFNHW$OOJDVSLSLQJVKRXOG EH WHVWHG DIWHU LQVWDOODWLRQ LQ DFFRUGDQFH ZLWK ORFDO FRGHV

)LJ )LJ

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

52%(576+$:09 :&$GMXVWPHQW

127( 'RQRWXVHWHIORQWDSHRQJDVOLQHSLSHWKUHDG $IOH[LEOHVHDODQWLVUHFRPPHQGHG

)LJ

$PLQLPXPRI:&DQGDPD[LPXPRI:& XSVWUHDPSUHVVXUHXQGHUORDGDQGQRORDGFRQGLWLRQV PXVWEHSURYLGHGIRUQDWXUDOJDVRUDPLQLPXPRI :&DQGDPD[LPXPRIIRUSURSDQHJDV

+21(<:(//9$/9(09 ,,' :&$GMXVWPHQW

3,3(6,=,1*)25*$6&211(&7,216

*$635(6685(5(*8/$725 7KHJDVSUHVVXUHUHJXODWRULVSUHVHWDQGVHDOHGDW :&IRUQDWXUDOJDVDQGOO:&IRUSURSDQHJDV %HWZHHQWKHJDVYDOYHDQGWKHEXUQHUVLVDOSLSH SOXJ7KHSUHVVXUHDWWKLVSRLQWWDNHQZLWKDPDQRPH WHUVKRXOGEHDERXW:&QDWXUDOJDVDQGO :&SURSDQHJDV,IDQDGMXVWPHQWLVQHHGHGUHPRYH VHDODQGWXUQDGMXVWPHQWVFUHZFORFNZLVHWR LQFUHDVHSUHVVXUHRUFRXQWHUFORFNZLVHWR GHFUHDVHSUHVVXUH

)LJ



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

+HDWHUPXVWEHORFDWHGVRWKDWDQ\ZDWHUOHDNVZLOO QRW GDPDJH WKH  VWUXFWXUH RI DGMDFHQW DUHD  +LJK WHPSHUDWXUHSODVWLFSLSH &39& PD\EHFRQQHFWHG GLUHFWO\LQWRWKHKHDWHULIORFDOFRGHVSHUPLW

127(+LJKFKHPLFDOFRQFHQWUDWLRQIURPIHHGHUVDQG FKORULQDWRUVWKDWDUHRXWRIDGMXVWPHQWZLOOFDXVHYHU\ UDSLGFRUURVLRQWRWKHKHDWH[FKDQJHULQWKHKHDWHUV 6XFKGDPDJHLVQRWFRYHUHGXQGHUWKHZDUUDQW\

)/2:5$7(6 3,3(6,=(0,1*300$;*30

:KHQIORZUDWHVH[FHHG*30DQH[WHUQDODX[LO LDU\E\SDVVYDOYHLVUHTXLUHG6HH([WHUQDODX[LOLDU\ E\SDVVYDOYHVHFWLRQIRUGHWDLOV

81,7+(50*29(512523(5$7,21 7KHSDWHQWHG8QLWKHUP*RYHUQRULVDWKHUPRVWDWLF PL[LQJYDOYHVSHFLILFDOO\GHVLJQHGWRPDLQWDLQFRQVWDQW KHDWHULQWHUQDOWHPSHUDWXUHEHWZHHQƒƒ)GH VSLWHFRQWLQXDOO\FKDQJLQJIORZUDWHVIURPWKHILOWHUDQG FKDQJLQJ SRRO WHPSHUDWXUHV 7KLV QDUURZ UDQJH LV QHHGHGWRSUHYHQWGDPDJLQJFRQGHQVDWLRQRQWKHEXUQ HUVZKLFKZLOORFFXULIWKHKHDWHUUXQVIRUDQ\OHQJWKRI WLPH EHORZ ƒ)  ,W LV DOVR QHHGHG WR LQKLELW VFDOH IRUPDWLRQLQWKHWXEHVE\PDLQWDLQLQJWHPSHUDWXUHVZHOO EHORZDFFHOHUDWHGVFDOLQJWHPSHUDWXUHV

&203$1,21)/$1*(&211(&7,216 7KH LQOHWRXWOHW KHDGHU IODQJH DFFHSWV D   FRSSHUWXEHRUJDOYDQL]HGSLSHDVDVOLSFRQQHF WLRQ GLUHFWO\ LQWR WKH PDQLIROG 7KH IODQJH LV DOVR WKUHDGHGIRUSLSHWKUHDG&39&DGDSWHUV ZKHQDYDLODEOH FDQDOVREHXVHG '2 127 XVH SHWUROHXP EDVH DVVHPEO\ IOXLGV VXFKDV3HWUROHXP-HOO\RUOXEULFDWLQJRLO ,IDVVHPEO\ OXEHLVUHTXLUHGXVHDVLOLFRQHEDVHFRPSRXQGVXFK DV$PRUDOHWF ,QOHW2XWOHW+HDGHU )ODQJH*DVNHW

8QLWKHUP *RYHUQRU 2XWOHW )LJ

+HDGHU)ODQJH 3LSH

)LJ



,QOHW

WKURXJKRXWLWVHQWLUHOHQJWKDQGPXVWSLWFKGRZQZDUG IURP WKH YDOYH 1R VKXWRII YDOYH VKDOO EH LQVWDOOHG EHWZHHQWKHUHOLHIYDOYHDQGWKHGUDLQOLQH9DOYHOHYHU VKRXOGEHWULSSHGDWOHDVWRQFHD\HDUWRHQVXUHWKDW ZDWHUZD\VDUHFOHDU

(;7(51$/$8;,/,$5<%<3$669$/9(  :KHUHUHTXLUHG $QDX[LOLDU\E\SDVVYDOYHVKRXOGEHXVHGZKHQ IORZUDWHVH[FHHG*30 XVXDOO\DKLJKSHUIRUPDQFH SXPSVL]HODUJHUWKDQ+3ZLOOH[FHHGWKLVIORZ UDWH 7KLVYDOYHLVUHTXLUHGWRFRPSOHPHQWWKHIXQFWLRQ RIWKHDXWRPDWLFE\SDVVYDOYHSDUWLFXODUO\ZKHQVWDUW LQJWKHKHDWHULQZLQWHURUHDUO\VSULQJZKHQWKHVSDRU SRROWHPSHUDWXUHLVGRZQEHORZƒ),WDOVRVHUYHVWR HOLPLQDWHQHHGOHVVSUHVVXUHGURSWKURXJKWKHKHDWHU DQGDFFRPSDQ\LQJUHGXFWLRQLQWKHIORZUDWHWRWKHVSD MHWVHWFHWHUD )URP+HDWHU7R+HDWHU

7R3RRO

(/(&75,&$/:,5,1* 127( ,ILWLVQHFHVVDU\WRUHSODFHDQ\RIWKHRULJLQDO ZLULQJ LW PXVW EH UHSODFHG ZLWK  ƒ& ZLUH RU LWV HTXLYDOHQWH[FHSWDOOEODFNZLUHPXVWEHUHSODFHGZLWK ƒ&ZLUHRULWVHTXLYDOHQW 0,//,92/76<67(0 7KH0LOOLYROW6\VWHP5HVLGHQWLDO+HDWHULVHTXLSSHG ZLWKDVHOIJHQHUDWLQJHOHFWULFDOV\VWHPLQZKLFKWKH HOHFWULFFXUUHQWLVSURYLGHGE\PHDQVRIDSLORWJHQHUDWRU 1RH[WHUQDOHOHFWULFDOFRQQHFWLRQVDUHUHTXLUHG :KHQLQVWDOOLQJDUHPRWHVZLWFKGRQRWH[FHHGIWRI ZLULQJIURPWKHKHDWHU8VHJDJHVWUDQGHGZLUH (/(&7521,&,17(50,77(17,*1,7,21'(9,&( 6<67(0 ,,'

)URP3RRO

$X[LOLDU\%\SDVV9DOYH GRQRWXVHJDWHYDOYH

127( :KHQWKHHOHFWULFDOKRRNXSWRWKHKHDWHU UHTXLUHVERWK9DQG9RU9HDFKLQSXW YROWDJHPXVWEHLVRODWHGLQVHSDUDWHFRQGXLW

)LJV

$8;,/,$5<%<3$669$/9($'-8670(17 7R VHW E\SDVV :LWK FOHDQ ILOWHU DGMXVWPHQW LV PDGHE\IHHOLQJWKHLQOHWDQGRXWOHWSLSHVDWWKHKHDWHU 2XWOHWSLSHVVKRXOGEHVOLJKWO\ZDUPHUWKDQLQOHWDQG FRPIRUWDEOHWRWKHWRXFK,ISLSHLVKRWFORVHE\SDVVLI FROGRSHQE\SDVV

7KH(OHFWURQLF,QWHUPLWWHQW,JQLWLRQ'HYLFHDXWR PDWLFDOO\OLJKWVWKHSLORWDQGPDLQEXUQHUVXSRQDFDOOIRU WKHKHDW7KHKHDWHULVVXSSOLHGZLWKDGXDOYROWDJH WUDQVIRUPHUIRU9RU9LQSXWSRZHUKRRNXS

35(6685(5(/,()9$/9(,167$//$7,21 7R FRQIRUP WR ORFDO EXLOGLQJ FRGHV LW PD\ EH QHFHVVDU\ WR LQVWDOO D SUHVVXUH UHOLHI YDOYH $  SUHVVXUHUHOLHIYDOYHKDYLQJDFDSDFLW\HTXDOWR%78 +5RXWSXWRIWKHPRGHOWREHLQVWDOOHGLVUHFRPPHQGHG IRUWKLVDSSOLDQFH

127(,,'3URSDQH8QLWV2QO\ +HDWHULVHTXLSSHGZLWKDQHOHFWURQLFLJQLWLRQGHYLFHZLWK DVDIHW\ORFNRXWIHDWXUH,IWKHKHDWHUIDLOVWRVWDUW RUORFNRXW5HVHWWKHLJQLWLRQGHYLFHE\LQWHUUXSWLQJWKH SRZHUWRWKHKHDWHUIRUVHFRQGV &$87,21 ,I VHUYLFH UHSODFHPHQW RI WKH HOHFWURQLF LJQLWLRQGHYLFHLVUHTXLUHG5HSODFHRQO\ZLWKD VDIHW\ ORFNRXW GHYLFH ZLWK  VHFRQG WULDO IRU SLORW LJQLWLRQ

'UDLQ3LSH'UDLQ3LSH

+HDWHU2XWOHW+HDWHU2XWOHW )LJV )LJ

127(7RDYRLGZDWHUGDPDJHRUVFDOGLQJGXHWRYDOYH RSHUDWLRQGUDLQSLSHPXVWEHFRQQHFWHGWRYDOYHRXWOHW DQGUXQWRDVDIHSODFHRIGLVFKDUJH'UDLQSLSHPXVWEH WKHVDPHVL]HDVWKHYDOYHGLVFKDUJHFRQQHFWLRQ 

5REHUWVKDZ,QWHUPLWWHQW ,JQLWLRQ'HYLFH )LJ

+RQH\ZHOO,QWHUPLWWHQW ,JQLWLRQ'HYLFH

)RU9LQSXWSRZHUWRWKHXQLWFRQQHFWWKHEODFNZLUH WRWKH³/´RUKRWOHJRIWKHSRZHUVXSSO\&RQQHFWWKH ZKLWHZLUHWRWKH³/´RUQHXWUDOOHJRIWKHSRZHUVXSSO\ $WWDFKWKHZLUHQXWWRWKHUHGZLUH7KHUHVKRXOGEHQR FRQQHFWLRQWRWKHUHGZLUHIRU9RSHUDWLRQ

:,5,1*',$*5$0.(< 3,1.&211(&725%/8(&211(&725

)LJ 

)RU9LQSXWSRZHUWRWKHXQLWFRQQHFWWKHEODFNZLUH WRWKH³/´RUKRWOHJRIWKHSRZHUVXSSO\&RQQHFWWKHUHG ZLUHWRWKH³/´RUVHFRQGKRWOHJRIWKHSRZHUVXSSO\ $WWDFKWKHZLUHQXWWRWKHZKLWHZLUH7KHUHVKRXOGEHQR FRQQHFWLRQWRWKHZKLWHZLUHIRU9RSHUDWLRQ

)LJ

6

6

)LJ  

+HDWHU PXVW EH HOHFWULFDOO\ JURXQGHG DQG ERQGHG LQ DFFRUGDQFHZLWKORFDOFRGHVRULQWKHDEVHQFHRIORFDO FRGHVZLWKWKHODWHVWHGLWLRQRIWKH1DWLRQDO(OHFWULFDOFRGH $16,1)3$ &DQDGD&DQDGLDQ(OHFWULFDO&RGH&6$ &3DUWDQG  127(,QSXWSRZHUWRWKHKHDWHU 9 VKRXOGEH VXSSOLHGIURPWKHORDG 3XPS VLGHRIWLPHFORFNRUVZLWFK &RQQHFWLQJKHDWHUWRFRQWLQXRXVSRZHUVRXUFHZLOODOORZ )DLOLQGLFDWLRQV VHUYLFHDQGSUHVVXUHVZLWFK ZKHQSXPS LVQRWRSHUDWLQJ

63.

)LJ66



:,5,1*',$*5$00,//,92/781,76 :,7+0(&+$1,&$/7+(50267$7

,IUHTXLUHGE\ORFDOFRGH LQVWDOODWWKLVORFDWLRQ

)LJ

:,5,1*',$*5$00,//,92/781,76 :,7+62/,'67$7(7+(50267$7

)LJH



:,5,1*',$*5$00RGHO,,'

BL

BL

BL



6(&7,216(59,&,1*,16758&7,216 *(1(5$//2&$7,212)&21752/6 'UDLQ9DOYH +,*+/,0,76 /RFDWHGLQWKH ,QOHW2XWOHWKHDGHU

3UHVVXUH6ZLWFK

%XUQHU 3LORW

7KHUPDO)XVH 6ROLG6WDWH7KHUPRVWDW ,JQLWLRQ&RQWURO *DV9DOYH

)LJV

&21752/6$'-8670(1765(3/$&(0(176 &$87,21/DEHODOOZLUHVSULRUWRGLVFRQQHFWLRQZKHQ VHUYLFLQJFRQWUROV:LULQJHUURUVFDQFDXVHLPSURSHU DQGGDQJHURXVRSHUDWLRQ9HULI\SURSHURSHUDWLRQDIWHU VHUYLFLQJ

7\SLFDO &RPIRUWDEOH 6SD 7HPSHUDWXUH 5DQJH

'$1*(5  6+2&. +$=$5' PDNH VXUH HOHFWULFDO SRZHUWRWKHKHDWHULVGLVFRQQHFWHGWRDYRLGSRWHQWLDO VHULRXVLQMXU\RIGDPDJHWRFRPSRQHQWV

.QREVWRS5LQJ

7(03(5$785(&21752/6 7KHZDWHUWHPSHUDWXUHLVFRQWUROOHGE\WKHKHDWHU WKHUPRVWDWRQWKHXSSHUIURQWSDQHORIWKHKHDWHU7KH FRQWUROFHQWHUFRQWDLQVDQ2Q2IIWRJJOHVZLWFKDQGD WKHUPRVWDW7KHVZLWFKIXQFWLRQVDVDPHDQVIRUWXUQLQJ WKHKHDWHURQRURII 7KHWKHUPRVWDWLVILWWHGZLWKDPHDQVRIOLPLWLQJWKH XSSHUWHPSHUDWXUHOLPLWEHORZWKHPD[LPXPOHYHO7KH NQREVWRSDGMXVWPHQWULQJLOOXVWUDWHGEHORZLVDGMXVW DEOHE\ORRVHQLQJWKHVHWVFUHZURWDWLQJWKHNQREVWRS ULQJ WR WKH GHVLUHG ORFDWLRQ DQG UHWLJKWHQLQJ WKH VHW VFUHZ

7\SLFDO &RPIRUWDEOH 3RRO 7HPSHUDWXUH 5DQJH

6HW6FUHZ

35(6685(6:,7&+ 7KH SUHVVXUH VZLWFK RU KHDWHU DFWXDWRU LQVXUHV WKDWWKHKHDWHURSHUDWHVRQO\ZKHQWKHILOWHUSXPSLVLQ RSHUDWLRQ,WLVIDFWRU\VHWDW36,IRUGHFNOHYHO LQVWDOODWLRQV:KHQWKHKHDWHULVORFDWHGEHORZWKHOHYHO RI WKH VSD RU SRRO LW PD\ EH QHFHVVDU\ WR UHVHW WKH SUHVVXUHVZLWFKWRFRPSHQVDWHIRUWKHQRIORZVWDWLF KHDG,ILWLVQHFHVVDU\WRUHVHWWKHSUHVVXUHVZLWFKZH UHFRPPHQGWKDWIROORZLQJSURFHGXUH



35(6685(6:,7&+$'-8670(17

)/$0(52//2876$)(7<6:,7&+

 :LWKSXPSDQGKHDWHURQWXUQDGMXVWPHQW NQRE FORFNZLVH XQWLODFOLFNLVKHDUGIURPWKH JDVYDOYH  7XUQDGMXVWPHQWNQRE FRXQWHUFORFNZLVH  WXUQ  7XUQSXPSRIIDQGRQVHYHUDOWLPHV+HDWHU VKRXOGVKXWRIILPPHGLDWHO\,ILWGRHVQRW UHSHDWVWHSVDERYHXQWLOSURSHUDGMXVWPHQWLV PDGH

7KHKHDWHULVHTXLSSHGZLWKDWKHUPDOFXWRIIGHYLFH WRSUHYHQWIODPHUROORXWLQWKHHYHQWWKHKHDWH[FKDQJHU EHFRPHVEORFNHG7KLVLVD6LQJOHXVHW\SHIXVLEOH OLQNRUWKHUPDOIXVHWKDWPXVWEHUHSODFHGZKHQGLV DEOHG E\ DQ RYHU WHPSHUDWXUH FRQGLWLRQ FDXVHG E\ H[FHVVLYH UHVWULFWLRQLQ WKH KHDW H[FKDQJHUIOXHSDV VDJH

)LJ

+,*+/,0,76 7KH KHDWHU LV HTXLSSHG ZLWK WZR DXWRPDWLF KLJK OLPLWV6HWWRRSHUDWHDWƒ)DQGƒ) 127($QHUUDWLFKLJKOLPLWLVRIWHQFKDUDFWHULVWLFRI LQWHUQDO KHDW H[FKDQJHU SUREOHP LH VFDOH EXLOGXS 8*RSHUDWLRQ5HIHUWRWURXEOHVKRRWLQJVHFWLRQ

$GMXVWPHQW.QRE )LJ

+HDW([FKDQJHU+HLJKW  0D[ )LJV

 0D[

+,*+/,0,75(029$/

3RRORU6SD +HDW([FKDQJHU+HLJKW

 'LVFRQQHFWWRSSRUWLRQRIXQLW 6HHKHDWH[ FKDQJHUHPRYDOSURFHGXUHVWHSWKUXDQG VWHS  5HPRYHGHIHFWLYHKLJKOLPLWDQGUHSODFHZLWK QHZKLJKOLPLW  5HYHUVHDERYHSURFHGXUHWRUHLQVWDOO

)LJV

127(,IKHDWHULVLQVWDOOHGRXWVLGHRIWKHOLPLWVVKRZQ D IORZ VZLWFK PXVW EH XVHG LQ SODFH RI WKH SUHVVXUH VZLWFKZKHQPRXQWHGDQGZLUHGDGMDFHQWWRWKHKHDWHU

3,/276$)(7< 0LOOLYROW6\VWHP 7KHKHDWHUVHTXLSSHGZLWKWKHVWDQGLQJSLORW PLOOL YROWV\VWHP KDYHSLORWJHQHUDWRUVZKLFKDFWDVDVDIHW\ GHYLFHWRVKXWRIIWKHIORZRIJDVWRWKHPDLQEXUQHUVDQG WKHSLORWEXUQHULQFDVHWKHSLORWIODPHLVH[WLQJXLVKHG 7KHSLORWEXUQHUPXVWEHPDQXDOO\UHOLJKWHGWRSODFHWKH KHDWHULQRSHUDWLRQDJDLQ5HIHUWRWKHOLJKWLQJLQVWUXF WLRQVSURYLGHGRQWKHKHDWHUODEHO

7:263(('38036 ,QVRPHFDVHVWKHIORZRQWKHORZVSHHGLVLQVXI ILFLHQWWRRSHUDWHWKHKHDWHU7KLVLVDSSDUHQWZKHQWKH SUHVVXUH VZLWFK FDQQRW EH IXUWKHU DGMXVWHG RU LI WKH KHDWHU PDNHV EDQJLQJ QRLVHV  ,Q WKHVH FDVHV WKH SXPS PXVW EH UXQ DW KLJK VSHHG ZKHQ KHDWLQJ WKH ZDWHU &$87,21'RQRWRSHUDWHWKHKHDWHUZLWKRXWWKHIXQF WLRQRIDSURSHUO\DGMXVWHGSUHVVXUHVZLWFK

3,/276$)(7< ,,'8QLWV (/(&75,&,*1,7,21 7KHKHDWHUHPSOR\VDSLORWVDIHW\ZKLFKFORVHVWKH PDLQJDVYDOYHZLWKLQWKVRIDVHFRQGZKHQHYHUWKH SLORWIODPHLVLQWHUUXSWHG3LORWIODPHLVDXWRPDWLFDOO\OLW ZKHQ WKH GHYLFH LV SRZHUHG  8QLW SHUIRUPV LWV RZQ VDIHW\FKHFNDQGRSHQVWKHPDLQYDOYHRQO\DIWHUWKH SLORWLVSURYHQWREHOLW 

%851(5'5$:(55(029$/  6KXWRIIPDLQHOHFWULFDOSRZHUVZLWFKWRKHDWHU  6KXWRIIJDVXSVWUHDPRIKHDWHU  5HPRYHIURQWGRRU  'LVFRQQHFWJDVOLQHIURPJDVYDOYH  5HPRYH  VFUHZVWKDWPRXQWEXUQHUWUD\WRXQLW  'LVFRQQHFWZLUHVWKDWWHUPLQDWHDWJDVYDOYHDQG WKHUPDOIXVH  6OLGHRXWEXUQHUWUD\  5HYHUVHDERYHSURFHGXUHWRUHLQVWDOO

3LORW

3LORW

$LU 2SHQLQJ

*$69$/9(5(029$/  5HPRYHEXUQHUWUD\ 6HHEXUQHUWUD\UHPRYDO SURFHGXUH   'LVFRQQHFWSLORWWXELQJIURPJDVYDOYH  5HPRYHJDVYDOYHZLWKPDQLIROGIURPEXUQHUWUD\  5HPRYHPDQLIROGIURPJDVYDOYH  5HYHUVHDERYHSURFHGXUHWRUHLQVWDOO

2ULILFH 2ULILFH )LJV

)LJ

0$,1%851(5$1'25,),&(5(029$/  5HPRYHEXUQHUGUDZHU 6HHEXUQHUGUDZHUUH PRYDOSURFHGXUH   5HPRYHVFUHZVDQGEXUQHUKROGGRZQEUDFNHW

+21(<:(//3,/27

52%(576+$:3,/27

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



'(6227,1*352&('85(

&21752/,00(56,21:(//5(3/$&(  5HPRYHSOXPELQJDQGWRSSRUWLRQRIXQLW 6HH KHDWH[FKDQJHUHPRYDOSURFHGXUHVWHSV WKURXJK   5HPRYH8*VSULQJ8*DQGFRSSHUVKLHOG  &ROODSVHZHOOWXEHDWRSHQHQGZLWKFKLVHO  3XVKZHOOXSWKURXJKKHDGHU  ,QVHUWQHZZHOODQGUROOLQSODFH,IDUROOHULVQRW DYDLODEOHVROGHUWKHZHOOLQSODFHZLWKVLOYHUVROGHU

&$87,216227,6&20%867,%/((;(5&,6( (;75(0(&$5(1(9(586($:,5(%586+ 6RRWFDQFORJDUHDVEHWZHHQILQVDQGFDXVHHYHQ WXDOWXEHIDLOXUH$Q\VLJQRIVRRWDWWKHEDVHRIWKH EXUQHUVRUDURXQGWKHRXWHUMDFNHWLQGLFDWHVDQHHGIRU FOHDQLQJ  'LVFRQQHFW WRS SRUWLRQ RI XQLW  6HH KHDW H[ FKDQJHU UHPRYDOSURFHGXUHVWHSVWKURXJK   5HPRYHEXUQHUWUD\ 6HHEXUQHUWUD\UHPRYDO SURFHGXUH  7DNHDJDUGHQKRVHDQGZDVKKHDWH[FKDQJHU PDNLQJ VXUHVRRWLVUHPRYHGFRPSOHWHO\IURPEH WZHHQILQV$YRLGH[FHVVLYHZDWHUDJDLQVWUHIUDF WRU\

,PPHUVLRQ:HOO )LJV

127( ,QH[WUHPHFDVHVLWPD\EHQHFHVVDU\WRUH PRYHWKHKHDWH[FKDQJHUFRPSOHWHO\IRUFOHDQLQJ7KH VLPSOHVWPHWKRGLVVWHDPFOHDQLQJDWWKHORFDOFDU ZDVK'2127:,5(%586+

81,7+(50*29(5125 8* 5(3/$&(0(17  6KXWZDWHUJDVDQGHOHFWULFLW\RIIFORVHYDOYHVDQG UHOLHYHSUHVVXUH  'UDLQKHDWH[FKDQJHU  'LVFRQQHFWLQOHW RXWOHWSLSHVZLWKIODQJHIURPLQ RXW KHDGHU  *UDVSUHWDLQHUVSULQJIURPLQOHWVLGHRIKHDGHUDQG VOLGHWKUXLQOHWKROH  5HPRYHVKLHOG  5HPRYH8*ZLWKVHDWLQJJDVNHWDQGVWDLQOHVV VWHHOEDIIOH QRWVKRZQ   5HYHUVHDERYHSURFHGXUHWRUHLQVWDOO

&20%867,21&+$0%(55(029$/  5HPRYHKHDWH[FKDQJHU 6HHKHDWH[FKDQJHU UHPRYDOSURFHGXUH   /LIWXSDQGUHPRYHIURQWDQGUHDUUHIUDFWRU\VKLHOG  5HPRYHUHIUDFWRU\SDQHOV  5HYHUVHDERYHSURFHGXUHWRUHLQVWDOO

8* )LJV

8* 6KLHOG

5HIDFWRU\3DQHO7RS9LHZ

5HWDLQHU 6SULQJ

2XWOHW ,QOHW2XWOHW +HDGHU

,QOHW )LJ

7R WHVW WKH RSHUDWLRQ RI WKH 8QLWKHUP *RYHUQRU SODFHLQKRWZDWHU RYHUƒ) DQGZDWFKIRUPRYHPHQW DJDLQVWVSULQJ,IWKHUHLVQRPRYHPHQWUHSODFHXQLW 

6(&7,217528%/(6+227,1**8,'( ,03257$17127,&(

7KHVHLQVWUXFWLRQVDUHSULPDULO\LQWHQGHGIRUWKHXVHRITXDOLILHGSHUVRQQHOVSHFLILFDOO\WUDLQHGDQGH[SHULHQFHGLQWKH LQVWDOODWLRQRIWKLVW\SHRIKHDWLQJHTXLSPHQWDQGUHODWHGV\VWHPFRPSRQHQWV,QVWDOODWLRQDQGVHUYLFHSHUVRQQHOPD\ EHUHTXLUHGE\VRPHVWDWHVWREHOLFHQVHG3HUVRQVQRWTXDOLILHGVKDOOQRWDWWHPSWWRLQVWDOOWKLVHTXLSPHQWQRUDWWHPSW UHSDLUVDFFRUGLQJWRWKHVHLQVWUXFWLRQV 0(&+$1,&$/ )2548$/,),('6(59,&(3(56211(/21/< 352%/(0 +DUPRQLFV RU ZKLQLQJ QRLVH

62/87,21 &KHFNPRYHPHQWE\SXWWLQJLQKRWZDWHU ƒ) RUKLJKHU ,IQRPRYHPHQWUHSODFH

'HEULVRUUHVWULFWLRQLQV\VWHP /RFDWHWKHUHVWULFWLRQ DQGUHPRYH)OXVKV\VWHP DQG FOHDQ

'HEULVLQJDVOLQH 5HPRYHGHEULVRUEORZRXWJDVOLQH /RZIORZ 6FDOHIRUPLQJLQKHDWH[FKDQJHUFOHDQKHDW H[FKDQJHUDQGFKHFNSRROS+DQGWRWDODONDOLQLW\

+HDWHUJRLQJRQDQGRII FRQWLQRXVO\

'LUW\ILOWHU /RZZDWHUOHYHOLQSRRO ([WHUQDOE\SDVVVHWWLQJRXWRI DGMXVWPHQW

3UHVVXUH VZLWFK RXW RI DGMXVWPHQW

/LPLQJ RU VFDOH IRUPLQJ RQ KHDWH[FKDQJHU 6RRWLQJ

&$86( 8*LQRSHUDWLYH

2XWHUMDFNHWYHU\KRW SDLQW EOLVWHUHG

7DNHVORQJWLPHWRKHDW SRRORUVSD

$GMXVW SUHVVXUH VZLWFK 5HFRPPHQGHG S+ VKRXOG EH EHWZHHQ  DQG WRWDODONDOLQLW\330PD[LPXP +DUGQHVV  330  PD[LPXP

+LJKIORZUDWHV

5HGXFHE\DGGLQJPDQXDOE\SDVVYDOYHDQG DGMXVWE\SXWWLQJWKHUPRPHWHULQKHDGHU  137  GUDLQ RSHQLQJ 6HW E\SDVV VR WKHUPRP HWHUUHDGVEHWZHHQƒDQGƒ) &KHFNPRYHPHQWE\SXWWLQJLQKRWZDWHU ƒ) RUKLJKHU ,IQRPRYHPHQWUHSODFH 5HIHU WR LQVWDOODWLRQ LQVWUXFWLRQV )ROORZ UHFRPPHQGHG LQVWDOODWLRQ LQVWUXFWLRQV

$LUVWDUYDWLRQ

,PSURSHUYHQWLQJ

,QVHFWV RU GHEULV FORJJLQJ EXUQHULQWDNHSRUWV


$GMXVW E\SDVV

3RROZDWHU

8*,QRSHUDWLYH

3LORW RXWDJH

%DFNZDVK ILOWHU 5DLVHZDWHUOHYHO

&OHDQ EXUQHUV

/RZJDVSUHVVXUH 5HVWULFWHGSLORW :HDNSLORWJHQHUDWRU

$GMXVW JDV SUHVVXUH &OHDQ SLORW 5HSODFH SLORW

/RZJDVSUHVVXUH

,QVHFWV RU GHEULV FORJJLQJ EXUQHULQWDNHSRUWV

$GMXVW JDV SUHVVXUH &OHDQ EXUQHUV

%URNHQUHIUDFWRU\FDXVHGE\ VKLSSLQJ GDPDJH RU LPSURSHU FRPEXVWLRQ 5HSODFH UHIUDFWRU\ SDQHOV ([FHVVLYHVRRWLQJRIKHDW H[FKDQJHU 'HWHUPLQHFDXVHRIVRRWLQJ FRUUHFW &DOFXODWHWHPSHUDWXUHLQƒKU +HDWULVH ƒKU +HDWHU2XWSXW 3RROJDOORQDJH[ RUUHIHUWRKHDWHUVL]LQJFKDUW 7KLVGRHVQRWWDNHLQWRDFFRXQWKHDWORVVGXH WRZHDWKHU )LOWHUQRWUXQQLQJORQJHQRXJK 5HVHW WLPH FORFN 'LUW\ILOWHU &OHDQ ILOWHU *DVOLQHRUPHWHUXQGHUVL]HG 5HIHU WR LQVWDOODWLRQ LQVWUXFWLRQV 8VXDOO\RFFXUVRQLQLWLDOVWDUWXS



/LPLQJ

%\SDVVLQJWRRPXFKZDWHU ,QVSHFWE\SDVVIRUPRYHPHQWLIQRPRYHPHQW UHSODFH 8*QRWIXQFWLRQLQJ 5HSODFHLIQRPRYHPHQWZKHQKHDWHG

/HDNLQJDWZHOO

2YHUDFLG

5HSODFHZHOODQGPDLQWDLQZDWHUFKHPLVWU\ SURSHUO\ 5HSODFHKHDWH[FKDQJHUDQGPDLQWDLQ FKHPLVWU\SURSHUO\

/HDNLQJDWKHDWH[FKDQJHU

2YHUDFLG

*DVNHWEULWWOHDQGOHDNLQJ RYHUKHDWHG 

+HDWHUUXQQLQJDIWHUSXPS VKXWVRII 5HIUDFWRU\GDPDJH 6RRWHGKHDWHU

6HHSUHVVXUHVZLWFKDGMXVWPHQW 5HSODFHUHIUDFWRU\ 'HWHUPLQHFDXVHRIVRRWLQJDQGFRUUHFW

(/(&75,&$/ 0,//,92/7 5$<3$.322/2563$+($7(5(/(&75,&$/ &+(&.:,7+09*$69$/9( &$87,21)RUTXDOLILHGVHUYLFHSHUVRQQHORQO\  )LOWHUPXVWEHRQZLWKDGHTXDWHZDWHUIORZWKURXJKKHDWHU  *DVYDOYHPXVWEH21SRVLWLRQ7KHUPRVWDWVHWKLJKHU WKDQSRROZDWHUWHPSHUDWXUH  -XPSHUVDUHIRUWHPSRUDU\FKHFNRQO\,IOHIWLQSODFH WKH\FRXOGFDXVHWKHKHDWHUWREXUQXS

/LJKWSLORW ,ISLORWEXUQHUJRHVRXW ZKHQPDLQEXUQHUOLJKWV RUZKHQJDVYDOYHNQRE LVUHOHDVHG

,ISLORWEXUQHUUHPDLQVOLW -XPSDFURVVERWK7+ ZLUHVRQJDVYDOYHV ,IPDLQEXUQHUILUHV UHPRYHMXPSHU

,IPDLQEXUQHUGRHVQRW ILUHUHPRYHMXPSHU

-XPSDFURVVSUHVVXUH VZLWFKWHUPLQDOV ,IPDLQEXUQHUILUHV UHPRYHMXPSHU &OHDQILOWHU

5HPRYHERWK7+ ZLUHVIURPJDVYDOYH 5HOLJKWSLORW

5HSODFH JDV YDOYH

,ISLORWEXUQHUVWD\VRQ

,IPDLQEXUQHUGRHVQRW ILUHUHPRYHMXPSHU

,ISLORWEXUQHU GRHVQRWOLJKW &KHFNJDVVXSSO\JDV OLQHVL]HJDVSUHVVXUH $OVRFKHFNIRULQVHFWV RUGHEULVLQSLORWRXWSXW

,IEXUQHUGRHVQRWUHPDLQ OLWDWWDFKPLOOLYROWPHWHU DQGUHDGSLORWRXWSXW

3UREOHPLVDZLUHRU FRPSRQHQWVKRUWWR FDELQHWRUORZJDV SUHVVXUH

-XPSDFURVVWKHUPRVWDW

&KHFNIRUDGHTXDWHZDWHU IORZIURPILOWHU

,IEHORZP9FKHFN JDVSUHVVXUH$OVRFKHFN IRULQVHFWVRUGHEULVLQ WKHSLORWEXUQHU

5HSODFHSUHVVXUHVZLWFK ,IPDLQEXUQHUILUHV UHPRYHMXPSHU

,IPDLQEXUQHUGRHV 127ILUH

5HSODFHWKHUPRVWDW

-XPSDFURVVHDFKKLJK OLPLWDQGUHPRYHMXPSHU 5HSODFHKLJKOLPLWWKDW FDXVHGKHDWHUWRILUH



,IRXWSXWLVVWLOOORZ UHSODFHSLORWJHQHUDWRU

,IDERYHP9 UHSODFHJDVYDOYH

(/(&75,&$/ 62/,'67$7(7+(50267$70,//,92/7 ,IWKHSRROVSDKRWWXEZDWHULVWRRFROGWURXEOHVKRRWWKHV\VWHPDVIROORZV &KHFNYROWDJHDWDQGWHUPLQDOV 92/7$*(%(7:((19DQG9 3RODULW\LVFULWLFDO 6HWFRQWUROWRPD[WHPSHUDWXUH$IWHU F\FOHVFKHFNZDWHUWHPSHUDWXUH

92/7$*(2876,'(5$1*(9DQG9 &KHFNSLORWJHQHUDWRUFRUUHFWDVQHFHVVDU\

7(03(5$785(%(/2:ƒ) 'LVFRQQHFWVHQVRUOHDGVIURPFLUFXLWERDUG 0HDVXUHVHQVRUUHVLVWDQFHZLWKRKPPHWHU

7(03(5$785(ƒ) &RQWURORN 127(ƒ)LVWKHXSSHUFRQWUROOLPLW

5(6,67$1&(N2+06 &KHFNZDWHUWHPSHUDWXUHHVWLPDWHH[SHFWHG VHQVRUUHVLVWDQFHIURPFKDUWEHORZ

5(6,67$1&(22+06 6+257&,5&8,7 25 23(1&,5&8,7*5($7(57+$1. &KHFNV\VWHPIRUVKRUWHGZLUHVRURSHQFLUFXLWV 5HSODFHVHQVRULIQHFHVVDU\

0($685(' $1' (67,0$7(' 5(6,67$1&( 0$7&+:,7+,13(5&(17 'LVFRQQHFWSRWHQWLRPHWHUOHDGVIURPFLUFXLWERDUG 0HDVXUHUHVLVWDQFHZLWKRKPPHWHU,IUHVLVWDQFHLV RKPVDWPLQLPXPVHWWLQJ NWRNDWPD[LPXPVHWWLQJ UHSODFHFLUFXLWERDUG $ERYHNRKPVUHSODFH SRWHQWLRPHWHU RKPV VKRUWFLUFXLW UHSODFH SRWHQWLRPHWHU 5HFRQQHFWDOOOHDGVDQGFKHFNRXWV\VWHP

0($685('$1'(67,0$7('5(6,67$1&( '21 70$7&+ 5HSODFHVHQVRU5HFRQQHFWDOOOHDGVDQGFKHFN RXWV\VWHP

,IWKHSRROVSDKRWWXEZDWHULVWRRKRWWURXEOHVKRRWWKHV\VWHPDVIROORZV &KHFNYROWDJHDWDQGWHUPLQDOV 92/7$*(%(7:((19DQG9 3RODULW\LVFULWLFDO 6HWFRQWUROWRPD[WHPSHUDWXUH$IWHU F\FOHVFKHFNZDWHUWHPSHUDWXUH

92/7$*(2876,'(5$1*(9DQG9 &KHFNSLORWJHQHUDWRUFRUUHFWDVQHFHVVDU\

7(03(5$785($%29(ƒ) 'LVFRQQHFWVHQVRUOHDGVIURPFLUFXLWERDUG 0HDVXUHVHQVRUUHVLVWDQFHZLWKRKPPHWHU

7(03(5$785(ƒ) &RQWURORN 127(ƒ)LVWKHXSSHUFRQWUROOLPLW

5(6,67$1&(N2+06 &KHFNZDWHUWHPSHUDWXUHHVWLPDWHH[SHFWHGVHQ VRUUHVLVWDQFHIURPFKDUWEHORZ

5(6,67$1&($%29(N2+06 23(1 &,5&8,7 256+257&,5&8,7 )L[ORRVHRUEURNHQZLUHV5HSODFHVHQVRULI QHFHVVDU\

0($685(' $1' (67,0$7(' 5(6,67$1&( 0$7&+:,7+,13(5&(17 'LVFRQQHFWSRWHQWLRPHWHUOHDGVIURPFLUFXLWERDUG 0HDVXUHUHVLVWDQFHZLWKRKPPHWHU,IUHVLVWDQFHLV RKPVDWPLQLPXPVHWWLQJ NWRNDWPD[LPXPVHWWLQJ UHSODFHFLUFXLWERDUG $ERYHNRKPVUHSODFH SRWHQWLRPHWHU RKPV VKRUWFLUFXLW UHSODFH SRWHQWLRPHWHU

0($685('$1'(67,0$7('5(6,67$1&( '21 70$7&+ 5HSODFHVHQVRU5HFRQQHFWDOOOHDGVDQGFKHFN RXWV\VWHP

6(16255(6,67$1&($79$5,2867(03(5$785(6 7HPSHUDWXUH  GHJ) 5HVLVWDQFH NRKPV

 

 

 



 

 

 

 

 

 

(/(&75,&$/ (/(&7521,&,*1,7,21,,'

,QWHUPLWWHQW3LORW6\VWHP 7528%/(6+227,1*+21(<:(//6 67$57 7851*$66833/<2)) 78517+(50267$7 &21752//(5 72&$// )25+($7 32:(57202'8/( 9120,1$/ <(6 63$5.$&5266 ,*1,7(56(1625*$3 <(6

1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 :$51,1* 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 +,*+92/7$*( 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 )RUTXDOLILHG7HFKQLFLDQV21/< 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 127(6RPHKHDWHUVPD\EHHTXLSSHGZLWK 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 DQLJQLWLRQPRGXOHWKDWVKXWVRIISLORWJDVLI 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 SLORWIDLOVWROLJKW7RUHVHWLQWHUUXSWSRZHUWR 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 1234567890123456789012345678901212345678901234567890123456789012 KHDWHU 1234567890123456789012345678901212345678901234567890123456789012

127(%HIRUHWURXEOHVKRRWLQJIDPLOLDUL]H\RXUVHOIZLWKWKHVWDUWXSDQGFKHFNRXW SURFHGXUH

12

&KHFNOLQHYROWDJHSRZHUORZYROWDJHWUDQVIRUPHUOLPLWFRQWUROOHUWKHUPRVWDW FRQWUROOHU DQGZLULQJ

3XOOLJQLWLRQOHDGDQGFKHFNVSDUNDWPRGXOH

12

6SDUN2ND\" <(6 ‡&KHFNLJQLWLRQFDEOHJURXQGZLULQJFHUDPLFLQVXODWRUDQGJDSDQGFRUUHFW ‡&KHFNERRWRIWKHLJQLWLRQFDEOHIRUVLJQVRIPHOWLQJRUEXFNOLQJ7DNHSURWHFWLYH DFWLRQWRVKLHOGFDEOHDQGERRWIURPH[FHVVLYHWHPSHUDWXUHV

7851*$66833/<21 3,/27%851(5/,*+76" <(6

12

‡&KHFNWKDWDOOPDQXDOJDVYDOYHVDUHRSHQVXSSO\WXELQJDQGSUHVVXUHVDUHJRRG DQGSLORWEXUQHURULILFHLVQRWEORFNHG ‡&KHFNHOHFWULFDOFRQQHFWLRQVEHWZHHQPRGXOHDQGSLORWRSHUDWRURQJDVFRQWURO ‡&KHFNIRU9DFDFURVV390939WHUPLQDOVRQPRGXOH,IYROWDJHLVRND\ UHSODFHJDVFRQWUROLIQRWUHSODFHPRGXOH 127(,I6+JRHVLQWRORFNRXWUHVHWV\VWHP/RFNRXWLVXVHGRQ/3*PRGHOV

63$5.67236:+(1 3,/27,6/,7" <(6

12

0$,1%851(5/,*+76" <(6

12

6<67(05816817,/ &$//)25+($7(1'6" <(6

‡&KHFNFRQWLQXLW\RILJQLWLRQFDEOHDQGJURXQGZLUH ‡&OHDQIODPHURG ‡&KHFNHOHFWULFDOFRQQHFWLRQVEHWZHHQIODPHURGDQGPRGXOH ‡&KHFNIRUFUDFNHGFHUDPLFIODPHURGLQVXODWRU ‡&KHFNWKDWSLORWIODPHFRYHUVIODPHURGDQGLVVWHDG\DQGEOXH ‡$GMXVWSLORWIODPH ‡,ISUREOHPSHUVLVWVUHSODFHPRGXOH ‡&KHFNIRU9DFDFURVV090939WHUPLQDOV,IQRYROWDJHUHSODFHPRGXOH ‡&KHFNHOHFWULFDOFRQQHFWLRQVEHWZHHQPRGXOHDQGJDVFRQWURO,IRND\UHSODFH JDVYDOYHRUJDVFRQWURORSHUDWRULHSLORWJDVYDOYHIORZVZLWFKHWF 127(,)6+JRHVLQWRORFNRXWUHVHWV\VWHP

12

‡&KHFNFRQWLQXLW\RILJQLWLRQFDEOHDQGJURXQGZLUH 127(,IJURXQGLVSRRURUHUUDWLFVKXWGRZQVPD\RFFXURFFDVLRQDOO\HYHQWKRXJK RSHUDWLRQLVQRUPDODWWKHWLPHRIFKHFNRXW ‡&KHFNWKDWSLORWIODPHFRYHUVIODPHURGDQGLVVWHDG\DQGEOXH ‡,IFKHFNVDUHRND\UHSODFHPRGXOH

&$//)25+($7(1'6 6<67(06+8762))" <(6 7528%/(6+227,1* (1'6

12

‡&KHFNIRUSURSHUWKHUPRVWDW FRQWUROOHU RSHUDWLRQ ‡5HPRYH09OHDGDWPRGXOHLIYDOYHFORVHVUHFKHFNWHPSHUDWXUHFRQWUROOHUDQG ZLULQJLIQRWUHSODFHJDVYDOYH

5HSHDWSURFHGXUHXQWLOWURXEOHIUHHRSHUDWLRQLVREWDLQHG



(/(&75,&$/ 62/,'67$7(7+(50267$7,,' ,IWKHSRROVSDKRWWXEZDWHULVWRRFROGWURXEOHVKRRWWKHV\VWHPDVIROORZV &KHFNYROWDJHDW9WHUPLQDOV 92/7$*(%(7:((19 6HWFRQWUROWRPD[WHPSHUDWXUH$IWHU F\FOHVFKHFNZDWHUWHPSHUDWXUH

92/7$*(2876,'(5$1*(9 &KHFNWUDQVIRUPHU9VXSSO\FRUUHFWDV QHFHVVDU\

7(03(5$785(%(/2:ƒ) 'LVFRQQHFWVHQVRUOHDGVIURPFLUFXLWERDUG 0HDVXUHVHQVRUUHVLVWDQFHZLWKRKPPHWHU

7(03(5$785(ƒ) &RQWURORN

5(6,67$1&(N2+06 &KHFNZDWHUWHPSHUDWXUHHVWLPDWHH[SHFWHGVHQVRU UHVLVWDQFHIURPFKDUWEHORZ

5(6,67$1&(22+06 6+257&,5&8,7 &KHFNV\VWHPIRUVKRUWHGZLUHVRURSHQFLUFXLWV 5HSODFHVHQVRULIQHFHVVDU\

0($685(' $1' (67,0$7(' 5(6,67$1&( 0$7&+:,7+,13(5&(17 'LVFRQQHFWSRWHQWLRPHWHUOHDGVIURPFLUFXLWERDUG 0HDVXUHUHVLVWDQFHZLWKRKPPHWHU,IUHVLVWDQFHLV RKPVDWPLQLPXPVHWWLQJ NWRNDWPD[LPXPVHWWLQJ UHSODFHFLUFXLWERDUG $ERYHNRKPVEXWOHVVWKDQ NRKPVUHSODFHSRWHQWLRPHWHU $ERYHNRKPVIL[ORRVHRUEURNHQZLUHV UHSODFHSRWHQWLRPHWHULIQHFHVVDU\ 5HFRQQHFWDOOOHDGVDQGFKHFNRXWV\VWHP

0($685('$1'(67,0$7('5(6,67$1&( '21 70$7&+ 5HSODFHVHQVRU5HFRQQHFWDOOOHDGVDQGFKHFN RXWV\VWHP

,IWKHSRROVSDKRWWXEZDWHULVWRRKRWWURXEOHVKRRWWKHV\VWHPDVIROORZV &KHFNYROWDJHDW9WHUPLQDOV 92/7$*(%(7:((19 6HWFRQWUROWRPD[WHPSHUDWXUH$IWHU F\FOHVFKHFNZDWHUWHPSHUDWXUH

92/7$*(2876,'(5$1*(9 &KHFNWUDQVIRUPHU9VXSSO\FRUUHFWDV QHFHVVDU\

7(03(5$785($%29(ƒ) 'LVFRQQHFWVHQVRUOHDGVIURPFLUFXLWERDUG 0HDVXUHVHQVRUUHVLVWDQFHZLWKRKPPHWHU

7(03(5$785(ƒ) &RQWURORN

5(6,67$1&(N2+06 &KHFNZDWHUWHPSHUDWXUHHVWLPDWHH[SHFWHG VHQVRUUHVLVWDQFHIURPFKDUWEHORZ

5(6,67$1&($%29(N2+06 23(1 &,5&8,7 256+257&,5&8,7 )L[ORRVHRUEURNHQZLUHV5HSODFHVHQVRULI QHFHVVDU\

0($685(' $1' (67,0$7(' 5(6,67$1&( 0$7&+:,7+,13(5&(17 'LVFRQQHFWSRWHQWLRPHWHUOHDGVIURPFLUFXLWERDUG 0HDVXUHUHVLVWDQFHZLWKRKPPHWHU,IUHVLVWDQFH LV RKPVDWPLQLPXPVHWWLQJ NWRNDWPD[LPXPVHWWLQJ UHSODFHFLUFXLWERDUG $ERYHNRKPVUHSODFH SRWHQWLRPHWHU RKPV VKRUWFLUFXLW UHSODFH SRWHQWLRPHWHU 5HFRQQHFWDOOOHDGVDQGFKHFNRXWV\VWHP

0($685('$1'(67,0$7('5(6,67$1&( '21 70$7&+ 5HSODFHVHQVRU5HFRQQHFWDOOOHDGVDQGFKHFN RXWV\VWHP

6(16255(6,67$1&($79$5,2867(03(5$785(6 7HPSHUDWXUH  GHJ) 5HVLVWDQFH NRKPV

 

 

 



 

 

 

 

 

 

6(&7,215(3/$&(0(173$576/,67

 ,IGHWHUPLQHGGHIHFWLYHE\WKH&RPSDQ\DQGZLWKLQ

ZDUUDQW\ WKH SDUW ZLOO EH UHWXUQHG LQ NLQG RU HTXDO VXEVWLWXWLRQIUHLJKWFROOHFW&UHGLWZLOOQRWEHLVVXHG

127(7RVXSSO\WKHFRUUHFWSDUWLWLVLPSRUWDQWWKDW \RXVWDWHWKHPRGHOQXPEHUVHULDOQXPEHUDQGW\SHRI JDVZKHQDSSOLFDEOH

5$<3$.,1& $*285$52$' :(67/$.(9,//$*(&$

$Q\SDUWUHWXUQHGIRUUHSODFHPHQWXQGHUVWDQGDUG FRPSDQ\ ZDUUDQWLHV PXVW EH SURSHUO\ WDJJHG ZLWK 5$<3$.UHWXUQSDUWVWDJFRPSOHWHO\ILOOHGLQZLWKWKH KHDWHUVHULDOQXPEHUPRGHOQXPEHUHWFDQGVKLSSHG WRWKH&RPSDQ\)UHLJKW3UHSDLG

)RU&DQDGD 5$<3$.&$1$'$/7' 6/28*+675((7 0,66,66$8*$217$5,2 /7*



6 6

9

& +

+

& & +

+

9

6

+ +

+

+ + +

+

5

0

0

0

&

0 6

6

&

% &

0

0

0

6

%

&

* 3

% 0

09

,,' 3

3

3

3

3 3 3 )LJ

3

3

3 )LJ







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

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 1DPHRI'HDOHU

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVV

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVV

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 0RGHO1R

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 6HULDO1R

'DWHRI3XUFKDVHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 5$<3$.,1&(DVWPDQ$YHQXH2[QDUG&$  ‡)$;  /LWKRLQ86$ 5$<3$.&$1$'$/7'6ORXJK6WUHHW0LVVLVVDXJD2QWDULR/7*  ‡)$;  

ZZZUD\SDNFRP

5D\SDN,QF(DVWPDQ$YHQXH2[QDUG&$  )$;   5D\SDN&DQDGD/7'6ORXJK6WUHHW0LVVLVVDXJD2QWDULR&DQDGD/7*  )$;   /LWKRLQ86$