)OXLG FRROHUV IRU SRZHU PRGXOHV
IOXLG FRROHU RI WKH ODWHVW JHQHUDWLRQ HIIHFWLYH V\VWHP IRU GLVVLSDWLQJ KHDW IURP SRZHU PRGXOHV YHU\ FRPSDFW GHVLJQ ZLWK
LQWHUQDO ILQ VWUXFWXUH VXLWDEOH IRU ZDWHU ZLWK DQWLFRUURVLYH DJHQW RSHUDWLQJ WHPSHUDWXUH XS WR  & RSHUDWLQJ SUHVVXUH
XS WR EDU SRVVLEOH SUHFLVHO\ IDFHPLOOHG PRXQWLQJ SODWHV PRXQWLQJ KROHV VXLWDEOH IRU SRZHU PRGXOHV VXFK DV
,*%7PRGXOHV 7K\ULVWRUPRGXOHV 6&5 GLRGH PRGXOHV EULGJH DPSOLILHUV DQG RWKHUV
7R DYRLG FRUURVLRQ LQ WKH ZDWHU FRROHU WKH FRROLQJ IOXLG KDV WR IORZ LQ D FORVHG FLUFXLW DQG LW KDV WR FRQWDLQ  SUHIHUUHG LV  
DQWLFRUURVLYH IOXLGV IRU DOXPLQLXP LI QHFHVVDU\ ZLWK DQWLIUHH]H )RU WKH FKRLFH DQG DSSURYDO RI WKH FRROLQJ IOXLG DV ZHOO DV IRU WKH SRVVLEOH
FRQVHTXHQFHV LQ WKH FRROLQJ FLUFXLW WKH XVHU LV WKH RQO\ OLDEOH SHUVRQ 7KHUHIRUH ZH H[FOXGH DQ\ OLDELOLW\ IRU GDPDJHV FDXVHG E\ WKH FKRLFH
RU DSSURYDO RI WKH FRROLQJ IOXLGV
DUW QR
)/.
DUW QR
)/.
VSHFLDO GHVLJQV DQG PDFKLQLQJ RQ UHTXHVW
+
++
$
'"³"
&RROLQJ DJJUHJDWHV ZLWK UDGLDO IDQ$"³"
+LJK FDSDFLW\ KHDWVLQNV
$
'ULOOLQJ SDWWHUQ IRU 6ROLG 6WDWH 5HODLV$  
+HDWVLQN VSHFLDO GHVLJQ
'"³"
+LJK FDSDFLW\ FRROLQJ DJJUHJDW$
+ROH SDWWHUQ
("³"
0RXQWLQJ PDWHULDO IRU VHPLFRQGXFW$
7HFKQLFDO LQWURGXFWLRQ
+
+ROD
+
)OXLG FRROHUV
+
$
%
&
'
(
)
*
+
,
.
/
0
1
)OXLG FRROHUV IRU SRZHU PRGXOHV
IOXLG FRROHU IRU GLVVLSDWLQJ ODUJH TXDQWLWLHV RI KHDW ZLWK ORZ VSDFH UHTXLUHPHQW HIIHFWLYH V\VWHP WR FRRO SRZHU PRGXOHV VXLWDEOH
IRU ZDWHU S+  ZLWK DQWLFRUURVLYHV DV ZHOO DV RWKHU IOXLGV HJ RLO DOFRKROV HWF FRPSDFW GHVLJQ ZLWK LQWHUQDO ILQ VWUXFWXUH
IRU SDUWLFXODUO\ JRRG KHDW WUDQVIHU WR WKH IOXLG PLQLPLVHG IORZ SUHVVXUH ORVVHV VHH GLDJUDP RSHUDWLQJ SUHVVXUH XS WR
EDU SRVVLEOH WKLFN EDVH SODWH IRU RSWLPXP KHDW GLVWULEXWLRQ DQG WR VHFXUH WKH KHDWHPPLWLQJ HOHPHQWV PRXQWLQJ IODQJH IRU WKH
FRROHU DFFRUGLQJ WR FXVWRPHUV LQVWUXFWLRQV SUHFLVHO\ IDFH PLOOHG VXUIDFH RI FRPSRQHQW PRXQWLQJ DUHD ZLWK YHU\ JRRG HYHQHVV
DQG ORZ URXJKQHVV GHSWK GLPHQVLRQDOO\ DFFXUDWH DGMXVWPHQW WR JLYHQ PRXQWLQJ FRQGLWLRQV FRQQHFWLRQV XVLQJ KROH SRUWV
 PP LQ GLDPHWHU ZLWK UHLQIRUFLQJ VHDP WR ',1  RU LQVWDOODWLRQ IODQJH WR FXVWRPHUV LQVWXFWLRQV , RU 8WKURXJKIORZ RU PXOWLSOH
WKURXJKIORZ YHUVLRQV PD[ GULOOLQJ GHSWK LQ WKH EDVH SODWH PP
7R DYRLG FRUURVLRQ LQ WKH ZDWHU FRROHU WKH FRROLQJ IOXLG KDV WR IORZ LQ D FORVHG FLUFXLW DQG LW KDV WR FRQWDLQ  SUHIHUUHG LV 
DQWLFRUURVLYH IOXLGV IRU DOXPLQLXP LI QHFHVVDU\ ZLWK DQWLIUHH]H )RU WKH FKRLFH DQG DSSURYDO RI WKH FRROLQJ IOXLG DV ZHOO DV IRU WKH SRVVLEOH
FRQVHTXHQFHV LQ WKH FRROLQJ FLUFXLW WKH XVHU LV WKH RQO\ OLDEOH SHUVRQ 7KHUHIRUH ZH H[FOXGH DQ\ OLDELOLW\ IRU GDPDJHV FDXVHG E\ WKH FKRLFH
RU DSSURYDO RI WKH FRROLQJ IOXLGV
ZDWHUJ\FRO PL[WXUH  LQOHW WHPSHUDWXUH DSSUR[  &
DUW QR
)/., 
DUW QR
)/.8 
GLPHQVLRQV DQG GHVLJQV XVLQJ FXVWRPHUV LQVWUXFWLRQV
(1 $:  $O 0J 6L PDWHULDO
+
+++ '"³"
&RROLQJ DJJUHJDWHV ZLWK UDGLDO IDQ$"³"
+LJK FDSDFLW\ KHDWVLQNV
$ $
'ULOOLQJ SDWWHUQ IRU 6ROLG 6WDWH 5HODLV$  
6SHFLDO KHDWVLQN GHVLJQ
'"³"
+LJK FDSDFLW\ FRROLQJ DJJUHJDW$
+ROH SDWWHUQ
("³"
0RXQWLQJ PDWHULDO IRU VHPLFRQGXFW$
7HFKQLFDO LQWURGXFWLRQ
+
+ROD
+
)OXLG FRROHUV
+
$
%
&
'
(
)
*
+
,
.
/
0
1
)OXLG FRROHUV IRU SRZHU PRGXOHV
IOXLG FRROHU IRU GLVVLSDWLQJ ODUJH TXDQWLWLHV RI KHDW ZLWK ORZ VSDFH UHTXLUHPHQW HIIHFWLYH V\VWHP WR FRRO SRZHU PRGXOHV VXLWDEOH
IRU ZDWHU S+  ZLWK DQWLFRUURVLYH DV ZHOO DV RWKHU IOXLGV HJ RLO DOFRKROV HWF FRPSDFW GHVLJQ ZLWK LQWHUQDO ILQ VWUXFWXUH
IRU SDUWLFXODUO\ JRRG KHDW WUDQVIHU WR WKH IOXLG PLQLPLVHG IORZ SUHVVXUH ORVVHV RSHUDWLQJ SUHVVXUH XS WR EDU SRVVLEOH
WKLFN EDVH SODWH IRU RSWLPXP KHDW GLVWULEXWLRQ DQG WR VHFXUH WKH KHDWHPLWWLQJ HOHPHQWV PRXQWLQJ IODQJH IRU WKH FRROHU DFFRUGLQJ
WR FXVWRPHUV LQVWUXFWLRQV SUHFLVHO\ IDFH PLOOHG VXUIDFH RI FRPSRQHQW PRXQWLQJ DUHD ZLWK YHU\ JRRG HYHQHVV DQG ORZ URXJKQHVV
GHSWK IRU SRZHU PRGXOHV OLNH ,*%7PRGXOH 7K\ULVWRUPRGXOH 6&5 GLRGH PRGXOH EULGJH DPSOLILHUV DQG
RWKHUVGLPHQVLRQDOO\ DFFXUDWH DGMXVWPHQW WR JLYHQ PRXQWLQJ FRQGLWLRQV FRQQFHWLRQV ZLWK WKUHDG PXIIOH  RU PRXQWLQJ
IODQJH DFFRUGLQJ WR FXVWRPHUV LQVWUXFWLRQV , RU 8WKURXJKIORZ RU PXOWLSOH WKURXJKIORZ YHUVLRQV PD[ GULOOLQJ GHSWK LQ WKH
EDVH SODWH  PP
7R DYRLG FRUURVLRQ LQ WKH ZDWHU FRROHU WKH FRROLQJ IOXLG KDV WR IORZ LQ D FORVHG FLUFXLW DQG LW KDV WR FRQWDLQ  SUHIHUUHG LV 
DQWLFRUURVLYH IOXLGV IRU DOXPLQLXP LI QHFHVVDU\ ZLWK DQWLIUHH]H )RU WKH FKRLFH DQG DSSURYDO RI WKH FRROLQJ IOXLG DV ZHOO DV IRU WKH SRVVLEOH
FRQVHTXHQFHV LQ WKH FRROLQJ FLUFXLW WKH XVHU LV WKH RQO\ OLDEOH SHUVRQ 7KHUHIRUH ZH H[FOXGH DQ\ OLDELOLW\ IRU GDPDJHV FDXVHG E\ WKH FKRLFH
RU DSSURYDO RI WKH FRROLQJ IOXLGV
ZDWHUJ\FRO PL[WXUH   LQOHW WHPSHUDWXUH DSSUR[  &
>PP@DUW QR
)/.,  * 
)/.,  * 
)/.,  * 
>PP@DUW QR
)/.8  * 
)/.8  * 
)/.8  * 
GLPHQVLRQV DQG GHVLJQV XVLQJ FXVWRPHUV LQVWUXFWLRQV
(1 $:  $O 0J 6L PDWHULDO
+
++
$
'"³"
&RROLQJ DJJUHJDWHV ZLWK UDGLDO IDQ$"³"
+LJK FDSDFLW\ KHDWVLQNV
$
'ULOOLQJ SDWWHUQ IRU 6ROLG 6WDWH 5HODLV$  
+HDWVLQN VSHFLDO GHVLJQ
'"³"
+LJK FDSDFLW\ FRROLQJ DJJUHJDW$
+ROH SDWWHUQ
("³"
0RXQWLQJ PDWHULDO IRU VHPLFRQGXFW$
7HFKQLFDO LQWURGXFWLRQ
+
+ROD
+
)OXLG FRROHUV
+
$
%
&
'
(
)
*
+
,
.
/
0
1
5HFRROLQJ V\VWHPV IRU OLTXLG FRROHUV
³ UHFRROLQJ V\VWHP IRU DOO W\SHV RI OLTXLG FRROHUV
³ FRROV XS WR  ZDWWV WKHUPDO SRZHU ORVV
³ FRQVLVWV RI SXPS DQG UHFRROHU
³ SXPS DV QRUPDOO\ DVSLUDWLQJ VLQJOHVWDJH FHQWULIXJDO SXPS ZLWK VSLUDO KRXVLQJ LQ EORFN FRQVWUXFWLRQ
³ UHFRROHU ZLWK OLTXLGFRQGXFWLQJ WXEH V\VWHP ZLWK DLU ODPHOOD DQG HOHFWULFDOO\ GULYHQ IDQ PRWRU
³ IXUWKHU LQIRUPDWLRQ IUHH RI FKDUJH XQGHU )/. 5,QIR
³ QRWHV DQWLFRUURVLYH DJHQWV DUH UHTXLUHG ZKHQ ZDWHU LV XVHG DV FRRODQW HJ ZDWHUJO\NRO 
³ WKH KRVH V\VWHPV XVHG 127 LQ VFRSH RI GHOLYHU\ PXVW EH UHVLVWDQW WR DQWLFRUURVLYH DJHQWV HJ PDWHULDO (3'0 DFFRUGLQJ WR ',1 
,62 
7R DYRLG FRUURVLRQ LQ WKH ZDWHU FRROHU WKH FRROLQJ IOXLG KDV WR IORZ LQ D FORVHG FLUFXLW DQG LW KDV WR FRQWDLQ  SUHIHUUHG LV 
DQWLFRUURVLYH IOXLGV IRU DOXPLQLXP LI QHFHVVDU\ ZLWK DQWLIUHH]H )RU WKH FKRLFH DQG DSSURYDO RI WKH FRROLQJ IOXLG DV ZHOO DV IRU WKH SRVVLEOH
FRQVHTXHQFHV LQ WKH FRROLQJ FLUFXLW WKH XVHU LV WKH RQO\ OLDEOH SHUVRQ 7KHUHIRUH ZH H[FOXGH DQ\ OLDELOLW\ IRU GDPDJHV FDXVHG E\ WKH FKRLFH
RU DSSURYDO RI WKH FRROLQJ IOXLGV
DUW QR
)/.5
VFRSH RI GHOLYHU\ SXPS DQG UHFRROHU
PD[  :WKHUPDO FRROLQJ FDSDFLW\
VLQJOHSKDVH  9 $&  :SXPS
VLQJOHSKDVH  9 $&  : WKUHHSKDVH  9 $&  :UHFRROHU
+
+++ '"³"
&RROLQJ DJJUHJDWHV ZLWK UDGLDO IDQ$"³"
+LJK FDSDFLW\ KHDWVLQNV
$ $
'ULOOLQJ SDWWHUQ IRU 6ROLG 6WDWH 5HODLV$  
+HDWVLQN VSHFLDO GHVLJQ
'"³"
+LJK FDSDFLW\ FRROLQJ DJJUHJDW$
+ROH SDWWHUQ
("³"
0RXQWLQJ PDWHULDO IRU VHPLFRQGXFW$
7HFKQLFDO LQWURGXFWLRQ
+
+ROD
+
)OXLG FRROHUV
+
$
%
&
'
(
)
*
+
,
.
/
0
1