'HFRPSUHVVLRQVWRSYLRODWLRQORFN
,QWKLVPRGHWKHFRPSXWHULVORFNHGXQWLOKRXUVKDYHHODSVHG
7KH,4ZRQWPRYHWRGLYHSODQPRGH
x $3UHVVWKLVEXWWRQWRVHOHFWWKHSODFH\RXZDQWWRFKDQJH'XULQJD
'HFRPSUHVVLRQVWRSYLRODWLRQORFNGLVSOD\WKH(/EDFNOLJKWZLOOUHPDLQ
RQIRUVHFRQGV
x %7KLVEXWWRQLVXVHGWRVZLWFKPRGHV
'HFRPSUHVVLRQVWRSYLRODWLRQORFNψ'LYHORJPRGHψ'LYHSUR¿OH
PRGHψ3&WUDQVIHUPRGHψGHFRPSUHVVLRQVWRSYLRODWLRQORFNψ̖̖
x &3UHVVWKLVEXWWRQWRFKDQJHVHWWLQJFRQWHQWV'XULQJDGHFRPSUHVVLRQ
VWRSYLRODWLRQORFNGLVSOD\WKH(/EDFNOLJKWLVRQIURPVHFRQGV
x':DWHUGHWHFWLRQEXWWRQQRIXQFWLRQ
2XWRIPHDVXUHPHQWUDQJHFRQGLWLRQ)LJ
$OOGLVSOD\VHJPHQWVRQWKHVFUHHQEOLQNGXULQJWKLVDODUP
x $3UHVVWKLVEXWWRQWRIRUVHFRQGVWRFKDQJHWKH0L[7KH(/EDFN
OLJKWZLOOEHRQIRUVHFRQGV
x %3XVKLQJWKLVEXWWRQWXUQVRQWKH(/EDFNOLJKWIRUVHFRQGV
x &:KHQWKHXVHUSXVKHVDQGKROGVWKH&EXWWRQWKHVFUHHQGLVSOD\VWKH
WHPSHUDWXUHWKHGLYHWLPHWKHPD[LPXPZDWHUGHSWKDQGVHWWLQJ)2
YDOXH7KH(/EDFNOLJKWZLOOFRPHRQIRUVHFRQGV
x$WDGHSWKOHVVWKDQIHHWPWKHZDWHUGHWHFWLRQEXWWRQVZLWFKHV2))
DQGWKH,4PRYHVWRDORFNFRQGLWLRQ