&KDSWHU
*75([SDQGDEOH6LWH6XEV\VWHP7KHRU\RI
2SHUDWLRQV
7KLVFKDSWHUH[SODLQVKRZWKH*75([SDQGDEOH6LWH6XEV\VWHPZRUNVLQWKHFRQWH[WRI\RXUV\VWHP
)RUDQXQGHUVWDQGLQJRIWKHZD\WKH*75([SDQGDEOH6LWH6XEV\VWHPFRPSRQHQWVFRQWULEXWHWRDV\VWHP
UHYLHZWKHPRGXOHVWKDWSURYLGHWKH*75([SDQGDEOH6LWH6XEV\VWHPIXQFWLRQDOLW\WKHPRGXOHVWKDWSURYLGH
5)GLVWULEXWLRQIXQFWLRQDOLW\ 5)'6 DQGWKHPRGXOHVWKDWFRQQHFW*75([SDQGDEOH6LWH6XEV\VWHPVWRWKH
UHVWRIWKHVLWH EDFNSODQHVDQGMXQFWLRQSDQHOV
)XQFWLRQVRIWKH*75([SDQGDEOH6LWH6XEV\VWHP0RGXOHV
7KHIROORZLQJOLVWV*75([SDQGDEOH6LWH6XEV\VWHPPRGXOHV
*75%DVH5DGLR7UDQVFHLYHU ;&95 PRGXOH ZLWKRUZLWKRXWDWUDQVFHLYHURSWLRQFDUG
3RZHUDPSOLILHUPRGXOH
)DQPRGXOH
3RZHUVXSSO\PRGXOH
5)'6 WUDQVPLWDQGUHFHLYH PRGXOHV
*&36LWH&RQWUROOHU0RGXOH $6752UHSHDWHU$6752([SUHVVRU+3'VLWH
([SDQVLRQ+XE0RGXOH
*3%5HIHUHQFH'LVWULEXWLRQ0RGXOH
**0*DWHZD\
)XQFWLRQRIWKH7UDQVFHLYHU0RGXOH
7KHWUDQVFHLYHUPRGXOHSURYLGHVWKHFRQWUROH[FLWHUUHFHLYHUDQGRSWLRQDOWUDQVFHLYHURSWLRQFDUGIRUWKHEDVHUDGLR
)LJXUH7UDQVFHLYHU0RGXOH )URQW9LHZ
7KHWUDQVFHLYHUJHQHUDWHVWKHVWDWLRQUHIHUHQFHZKLFKW\SLFDOO\PXVWEHORFNHGRQWRRQHRIPDQ\SRVVLEOHH[WHUQDO
VRXUFHV7KHH[WHUQDOVRXUFHFDQEHHLWKHUWKHVLWHFRQWUROOHU7'0FORFNVRUWKHH[WHUQDOUHIHUHQFHRSHUDWLQJDW0+]
RU0+]
7KHWUDQVFHLYHU63,EXVDOORZVFRPPXQLFDWLRQZLWKLWVUHFHLYHUDQGH[FLWHUFLUFXLWU\DVZHOODVWKHSRZHUVXSSO\
PRGXOHDQGSRZHUDPSOLILHUPRGXOH
3$_1RYHPEHU_6HQG)HHGEDFN
_*75([SDQGDEOH6LWH6XEV\VWHP7KHRU\RI2SHUDWLRQV
7ZRRUWKUHHFLUFXLWERDUGVLQWKHWUDQVFHLYHUDUH
7UDQVFHLYHU&RQWURO%RDUG3HUIRUPVWKHFRQWUROPDQDJHPHQWGLJLWDOVLJQDOSURFHVVLQJDQGWUDQVPLWDQG
UHFHLYHGDWDIRUPDWWLQJIRUWKHEDVHUDGLR
7UDQVFHLYHU5)%RDUG&RQWDLQV'&SRZHUFRQYHUVLRQUHJXODWLRQDQGSHUIRUPVUHFHLYHUDQGH[FLWHUIXQFWLRQV
7UDQVFHLYHU2SWLRQ&DUG$QRSWLRQDOERDUGWKDWDWWDFKHVWRWKHFRQWUROERDUG3URYLGHVDQLQWHUQDO0+]
IUHTXHQF\UHIHUHQFH)RUFRQYHQWLRQDORSHUDWLRQLWDOVRSURYLGHVWKHDQDORJLQWHUIDFHVDQG:LOG&DUG,2V7KH
WUDQVFHLYHURSWLRQFDUGUHTXLUHVDQLQWHUQDOIUHTXHQF\UHIHUHQFHRVFLOODWRUDOLJQPHQWDWGLIIHUHQWLQWHUYDOV
PDQGDWHGE\LWVFDWHJRU\DQGIUHTXHQF\EDQG6HH%DVH5DGLR6HUYLFH+HOS!6HUYLFH6FUHHQV!$OLJQPHQW
6FUHHQVLQWKH&662QOLQH+HOSIRUWKHDOLJQPHQWSURFHGXUHVDQGPDQGDWHGLQWHUYDOV7KHWUDQVFHLYHURSWLRQFDUG
LVDYDLODEOHLQWZRFDWHJRULHV
2&;2 2YHQ&RQWUROOHG&U\VWDO2VFLOODWRU ±RSHUDWHVDWSSPDQGLVLQFOXVLYHWRWHPSHUDWXUHDQG
DJLQJ7KH2&;27UDQVFHLYHU2SWLRQ&DUGLVDYDLODEOHLQ0+]8+)55DQG9+)IUHTXHQF\
EDQGV
7&;2 7HPSHUDWXUH&RPSHQVDWHG&U\VWDO2VFLOODWRU ±RSHUDWHVDWSSPRIZKLFKSSPLV
DOORFDWHGWRWHPSHUDWXUHDQGSSPLVDOORFDWHGWRDJLQJ5HIHUHQFHSUHFLVLRQZLWKWKH7&;2LVWUDGHGIRU
ORZHUSRZHUFRQVXPSWLRQ7KH7&;2PDQGDWHVVKRUWHUPDLQWHQDQFHLQWHUYDOV7KH7&;2WUDQVFHLYHURSWLRQ
FDUGLVDYDLODEOHLQ8+)55IUHTXHQF\EDQGV7KH7;&2LVRQO\DYDLODEOHIRUQRQVLPXOFDVWFRQYHQWLRQDO
V\VWHPV
7UDQVFHLYHU&RQWURO%RDUG
7KHPDLQRSHUDWLQJVRIWZDUHIRUWKHEDVHUDGLRLVORDGHGLQWKH;&95VFRQWUROVHFWLRQ$VWKHPDLQPDQDJHUIRUWKH
EDVHUDGLRWKH;&95FRQWUROERDUGSURYLGHVRSHUDWLRQDOFRQWURORYHUWKHRWKHUVWDWLRQPRGXOHV,WKDQGOHVWKUHHW\SHV
RILQIRUPDWLRQIORZLQWKHIROORZLQJZD\V
6HUYHVDVDJDWHZD\EHWZHHQWKHQHWZRUNDQG5)IXQFWLRQDOLW\E\GLVWULEXWLQJWKH5)SD\ORDGWRDQGIURPWKH
QHWZRUN
6XSSRUWVRSHUDWLRQDODQGGLDJQRVWLFIXQFWLRQVZLWKGLJLWDOFRQWUROGDWD IRUH[DPSOHVLWHLQIRUPDWLRQFKDQQHO
DVVLJQPHQWVDQGLGHQWLILFDWLRQQXPEHUVIRUFDOOSURFHVVLQJ
(QVXUHVWKHIORZRIRWKHUQHWZRUNPDQDJHPHQWFRQILJXUDWLRQLQIRUPDWLRQ
)LJXUH7UDQVFHLYHU&RQWURO%RDUG,QIRUPDWLRQ)ORZRQSDJHVKRZVWKHLQIRUPDWLRQIORZWKURXJKWKH
WUDQVFHLYHUFRQWURODQG5)VHFWLRQVIRUWUXQNHGDQGFRQYHQWLRQDORSHUDWLRQ
)LJXUH7UDQVFHLYHU&RQWURO%RDUG,QIRUPDWLRQ)ORZ
7UDQVFHLYHU5)%RDUG
,QDGGLWLRQWR'&SRZHUFRQYHUVLRQUHJXODWLRQWKH;&955)ERDUGSURYLGHVFLUFXLWU\IRUWKHIROORZLQJH[FLWHUDQG
UHFHLYHUIXQFWLRQV
6HQG)HHGEDFN_1RYHPEHU_3$
*75([SDQGDEOH6LWH6XEV\VWHP7KHRU\RI2SHUDWLRQV_
([FLWHU
7KHH[FLWHURQWKH;&955)ERDUGSURYLGHVWKHWUDQVPLWWHUIXQFWLRQVIRUWKHEDVHUDGLR7KHH[FLWHUFLUFXLWU\
JHQHUDWHVDORZOHYHOPRGXODWHG5)VLJQDOWKDWSDVVHVWRWKHSRZHUDPSOLILHU,WVXSSRUWVYDULRXVPRGXODWLRQW\SHVDV
ZHOODVEDQGZLGWKVXSWRN+]WKURXJKVRIWZDUHSURJUDPPLQJ
7KHH[FLWHUDOVRSURYLGHVDFRQWUROOHGRXWSXWSRZHUOHYHOWRWKHSRZHUDPSOLILHU
5HFHLYHU
7KHUHFHLYHUSURYLGHVHLWKHUVLQJOHUHFHLYHULQSXWRUGXDO +3'RU7'0$ UHFHLYHULQSXWVIRUGXDOGLYHUVLW\7KH
UHFHLYHUDOVRSURYLGHVHQKDQFHGGLDJQRVWLFFDSDELOLWLHVXVLQJDQRQERDUGQRLVHVRXUFHJHQHUDWRU,WLQFOXGHVDZLGH
WXQLQJUDQJH HOHFWURQLFYDUDFWRUWXQHG SUHVHOHFWRU7KHSUHVHOHFWRULVHOHFWURQLFDOO\WXQHGWRWKHGHVLUHGUHFHLYH
IUHTXHQF\DQ\ZKHUHEHWZHHQ±0+]±0+]8+)5±0+]8+)5±0+]RU
9+)±0+]
7UDQVFHLYHU([WHUQDO,QWHUIDFHV
7KHWUDQVFHLYHUH[WHUQDOLQWHUIDFHVLQFOXGHVHYHQH[WHUQDOSRUWVDVZLWFKDQG/('V,IDWUDQVFHLYHURSWLRQFDUGLV
SDUWRIWKHWUDQVFHLYHUWKHUHDUHIRXUDGGLWLRQDOH[WHUQDOSRUWV6HH)URQW7UDQVFHLYHU3RUWVRQSDJHIRUWKHSRUW
FRQQHFWLRQV6HH/('VRQSDJHIRULQIRUPDWLRQRQWKH/('V
7UDQVFHLYHU6ZLWFK
7KHPXOWLIXQFWLRQ5(6(7VZLWFKRQWKHIURQWRIWKHWUDQVFHLYHUPRGXOHLVDFFHVVLEOHWKURXJKWKHGURSGRZQGRRUWR
WKHOHIWRIWKHIDQV7KH5(6(7VZLWFKKDVWZRIXQFWLRQV
)LJXUH7UDQVFHLYHU5(6(76ZLWFK YLHZDEOHWKURXJKWKHGURSGRZQGRRU
7DEOH7UDQVFHLYHU)URQW5(6(76ZLWFK)XQFWLRQV
8VHU$FWLRQ 5HVXOW
3UHVVVZLWFKIRUOHVVWKDQVHFRQG 6HUYLFH0RGH /('OLJKWVDPEHU
3UHVVVZLWFKIRUPRUHWKDQVHFRQGVWKHQUHOHDVH 7UDQVFHLYHU&RQWURO0RGXOH5HVHW
7UDQVFHLYHU2SWLRQ&DUG,QWHUFRP%XWWRQ
7KHLQWHUFRPEXWWRQRQWKHIURQWRIWKHWUDQVFHLYHURSWLRQFDUGLVDFFHVVLEOHEHKLQGWKHIDQPRGXOH3UHVVLQJWKH
LQWHUFRPEXWWRQWRJJOHVWKHLQWHUFRPIXQFWLRQEHWZHHQWKH21DQG2))VWDWHV
3$_1RYHPEHU_6HQG)HHGEDFN
_*75([SDQGDEOH6LWH6XEV\VWHP7KHRU\RI2SHUDWLRQV
)LJXUH7UDQVFHLYHU2SWLRQ&DUG,QWHUFRP%XWWRQ EHKLQGWKHIDQPRGXOH
7UDQVFHLYHU3RUWV 5HDU
7KHWUDQVFHLYHULQWHUFRQQHFWVWRWKHEDFNSODQHXVLQJDSLQ+9'0/GLJLWDOFRQQHFWRUDQGSDFN5)FRQQHFWRU
DVVKRZQLQWKHILJXUH7KHVHFRQQHFWLRQVKDQGOHPXOWLSOHVLJQDOVLQFOXGLQJSRZHUVXSSO\FRPPXQLFDWLRQVSRZHU
DPSOLILHUFRPPXQLFDWLRQVIDQLQWHUIDFHDQGSHULSKHUDOLQWHUIDFH7KHGLJLWDOFRQQHFWLRQUHFHLYHVDODUPGDWDDQGWKH
VLWHFRQWUROOHURU5'07LPH'LYLVLRQ0XOWLSOH[LQJ 7'0 VLJQDOVZKLFKDUHXVHGWRSDVVUHIHUHQFHDQGFRQWUROGDWD
WRWKHEDVHUDGLR
7KHVLWHFRQWUROOHUV5'0V;+XEVDQGWUDQVFHLYHUVFRQQHFWGLUHFWO\WKURXJKDFRPPRQEDFNSODQH7KHEDFNSODQH
FRQQHFWVWKHWUDQVFHLYHU5)LQSXWVZLWKWKHDVVRFLDWHGUHFHLYHPXOWLFRXSOHUV &DELQHW50&V/1$V
)LJXUH7UDQVFHLYHU0RGXOH %DFNSODQH&RQQHFWLRQV
)XQFWLRQRIWKH3RZHU$PSOLILHU0RGXOH
7KH3RZHU$PSOLILHU 3$ LVDIRUFHGFRQYHFWLRQFRROHG5)SRZHUDPSOLILHU,WDFFHSWVDORZOHYHOPRGXODWHG5)
VLJQDOIURPWKHWUDQVFHLYHUPRGXOHDQGDPSOLILHVLWIRUWUDQVPLVVLRQWKURXJKWKHVLWHWUDQVPLWDQWHQQD7RFRPSOHWH
WKH&DUWHVLDQFRUUHFWLRQORRS OLQHDUL]DWLRQPHWKRG WKH3$SURYLGHVDORZOHYHO5)IHHGEDFNVLJQDOWRWKH
WUDQVFHLYHUPRGXOHWRDFKLHYHWKHUHTXLUHGWUDQVPLWWHUOLQHDULW\
7UDQVPLWSRZHURXWSXWLVVHWXVLQJ&RQILJXUDWLRQ6HUYLFH6RIWZDUH &66 6HH&RQILJXULQJ7[3RZHU9DOXHVDQG
%DWWHU\7\SHRQSDJHLQWKH&RQILJXUDWLRQFKDSWHU
7KHSRZHUDPSOLILHUDOVRSHUIRUPVIXQFWLRQVUHODWHGWRWKHIDQPRGXOHLQFOXGLQJUHSRUWLQJRIWKHIDQPRGXOHVWDWXV
DQGVXSSO\LQJSRZHUWRWKHIDQSRZHUEXV
6HQG)HHGEDFN_1RYHPEHU_3$