5HQHZDO, 5HVLJQDWLRQV, 7UDQVIHUV DQG 6XVSHQVLRQ RI 0HPEHUVKLS 5HQHZDO DQG 5HVLJQDWLRQ: 0HPEHUVKLS ZLOO EH IRU WKLUW\ (3◇) \HDUV. 7KH 0HPEHU ZLOO KDYH WKH RSWLRQ WR UHQHZ WKH PHPEHUVKLS IRU VL[ FRQVHFXWLYH WHQ (l◇) \HDU WHUPV DW QR DGGLWLRQDO FRVW, XQOHVV WKH 0HPEHU KDV UHVLJQHG LQ ZULWLQJ GHOLYHUHG WR 620&. $Q\ VXFK UHVLJQDWLRQ VKDOO EH HIIHFWLYH WKH ÀUVW GD\ RI WKH PRQWK IROORZLQJ UHFHLSW RI WKH UHVLJQDWLRQ DQG VKDOO QRW UHOLHYH WKH 0HPEHU RI DQ\ GXHV, RU FKDUJHV RI DQ\ QDWXUH DFFUXLQJ SULRU WR VXFK HIIHFWLYH GDWH. 620& LQ LWV GLVFUHWLRQ PD\ DOORZ VXFK UHIXQG RI GXHV RQ D FDVH E\ FDVH EDVLV. 620& LV QRW UHTXLUHG WR UHIXQG WKH ,QLWLDWLRQ )HH XQGHU DQ\ FLUFXPVWDQFHV SDLG E\ WKH 0HPEHU XSRQ WKH UHVLJQDWLRQ RI WKH 0HPEHU. 7UDQVIHU RI 0HPEHUVKLS¦ 7KH 0HPEHUVKLS FDQ EH WUDQVIHUUHG DIWHU ÀYH (5) \HDUV LQ JRRG VWDQGLQJ IRU D $l,◇◇◇.◇◇ DGPLQLVWUDWLRQ IHH, XQGHU WKH IROORZLQJ FRQGLWLRQV¦ l. 0XVW EH VROG WR WKH QH[W DYDLODEOH PHPEHU RQ WKH ZDLWLQJ OLVW, 2. ,Q WKH DEVHQFH RI D ZDLWLQJ OLVW WKH 0HPEHU LV UHVSRQVLEOH IRU ÀQGLQJ WKH QHZ SURVSHFWLYH 0HPEHU, 3. 620& 0DQDJHPHQW DSSURYDO.