Conductive Polymer Aluminum
Solid Capacitors
● Low ESR（10 mΩ max.）
● Large capacitance（2700 µF max.）
● 125 ℃ 2000 h
● RoHS compliance, Halogen free
Unit：ｍｍ
* Depends on the case size.
Surface Mount Type
Dimensions (not to scale)
Marking
≦ 150 % of the initial limit
Within the initial limit (after voltage processing)
Capacitance change
Dissipation factor (tanδ)
DC leakage current
+60 ℃, 90 % to 95 %, 1000 h, No-applied voltage
Within ±20 % of the initial value
Damp heat
(Steady state)
SVT series
Endurance
Dissipation factor (tan δ)
DC leakage current
Capacitance tolerance
Nominal cap. range
Dissipation factor (tanδ)
DC leakage current
±20 % (120 Hz / +20 ℃)
+125 ℃ 2000 h, rated voltage applied
≦ 200 % of the initial limit
Within the initial limit
Capacitance change
Within ±20 % of the initial value
Please see the attached characteristics list
Please see the attached characteristics list
100 μF to 680 μF
18 μF to 680 μF
39 μF to 1500 μF
68 μF to 2700 μF
Size code
Features
Specifications
Rated voltage range
Category temp. range
–55 ℃ to +125 ℃
C65
E7
E12
F12
2.5 V to 16 V
2.5 V to 50 V
φD±0.5
P±0.2RC±0.2H±0.2W±0.2
+0.1
-0.4
L
30-Oct-20
Should a safety concern arise regarding this product, please be sure to contact us immediately.
4.6
11.0
0.8～1.1
10.3
12.6
10.0
Design and specifications are each subject to change without notice. Ask factory for the current technical specifications before purchase and/or use.
10.3
7.3
0.6～0.8
2.1
9.0
0.8～1.1
3.2
9.0
0.6～0.8
3.2
8.3
8.3
6.3
6.4
8.0
11.9
8.0
6.9
8.3
8.3
6.6
6.6
L
R
0.2 max.
φD
C
P
H
W
⊖
⊕
Polarity marking (−)
R. capacitance
(μF)
Series code*
R. voltage
(V)
Lot No.
NEW
Conductive Polymer Aluminum Solid Capacitors
*1: Ripple current（100 kHz / +105 ℃ ＜ Tx ≦ +125 ℃）/ Allowable ripple current （100 kHz / Tx ≦ +105 ℃）
Tx: Temperature measured at the top surface of aluminum case including self-heating by ripple current
*2: ESR（100 kHz to 300 kHz / +20 ℃）
*3: tan δ (120 Hz / +20 ℃)
*4: After 2 minutes
◆ Please refer to each page in this catarog for “Reflow conditions” and “Taping specifications”.
0.12
750
0.12
300
50SVT18M
50SVT39M
50SVT68M
16SVT1000M
20SVT180M
20SVT390M
20SVT560M
25SVT100M
25SVT180M
25SVT330M
35SVT39M
35SVT82M
0.12
850
2R5SVT680MX
3800
1200
25
0.12
390
2R5SVT2700M
4SVT560M
4SVT1500M
6SVT330M
6SVT390M
6SVT820M
4300
1350
20
0.12
680
400
3200
1010
24
0.12
500
1000
5000
1580
14
0.12
1650
400
4650
1470
16
0.12
900
400
4950
1560
14
0.12
1792
1000
3300
1040
22
0.12
864
1000
16SVT100M
16SVT270M
2490
400
780
24
0.12
300
491
1000
1480
12
0.12
1033
400
0.12
1350
400
500
1000
1200
400
0.12
415
1000
0.12
2R5SVT1500M
SVT series
Rated
voltage
(V)
Rated
capacitance
(±20 %)
(μF)
Case size
Size
code
(mm)
φD L
Ripple
current*1
(mA rms)
Allowable
ripple
current*1
(mA rms)
ESR*2
(mΩ max.) tan δ*3
Min.
Packaging
Q'ty
(pcs)
Characteristics list
Specifications Standard（Reel size : φ380）
LC*4
(μA） Part number
2.5
560
1500
3500
1100
16
2700
5070
1600
12
5150
1620
10
C65
680
1000
3370
1060
20
0.12
500
1000
2R5SVT560M
2R5SVT680M
1000
1000
3500
16
4.0
560
3220
1010
22
0.12
4700
1480
1500
12
0.12
6.3
330
820
3390
1070
15
390
4700
3220
1010
22
3200
1010
400
25
0.12
720
1000
16
100
270
560
400
16SVT560M
1000
5400
1700
12
0.12
3200
1560
14
0.12
1560
400
560
390
4950
5400
1700
12
0.12
2240
400
25
100
20
180
180
330
30
0.12
273
1000
120
82
1260
574
400
4400
1390
18
0.12
840
400
35SVT120M
20
0.12
35
39
2800
4000
2700
880
850
35
0.12
180
1000
Design and specifications are each subject to change without notice. Ask factory for the current technical specifications before purchase and/or use.
Should a safety concern arise regarding this product, please be sure to contact us immediately.
30-Oct-20
Frequency correction factor for ripple current
Frequency(f)
120 Hz ≦ f < 1 kHz
1 kHz ≦ f < 10 kHz
10 kHz ≦ f < 100 kHz
100 kHz ≦ f < 500 kHz
Coefficient
0.05
0.3
0.7
1
50
18
68
39
400
ٹ,I
\
RXZDQWWRXVHRXU
S
URGXFWVGHVFULEHGLQWKLVRQOLQHFDWDOR
J
IRUD
SS
OLFDWLRQVUH
T
XLULQ
J
V
S
HFLDO
T
XDOLWLHVRUUHOLDELOLW
\
RUIRUD
SS
OLFDWLRQVZKHUHWKHIDLOXUHRUPDOIXQFWLRQRIWKH
S
URGXFWVPD
\
GLUHFWO
\
M
HR
S
DUGL]HKXPDQOLIHRU
S
RWHQWLDOO
\
FDXVH
S
HUVRQDOLQ
M
XU
\
H
J
DLUFUDIWDQGDHURV
S
DFHH
T
XL
S
PHQW
WUDIILFDQGWUDQV
S
RUWDWLRQH
T
XL
S
PHQW
FRPEXVWLRQ
H
T
XL
S
PHQW
PHGLFDOH
T
XL
S
PHQW
DFFLGHQW
S
UHYHQWLRQ
DQWLFULPHH
T
XL
S
PHQW
DQGRUVDIHW
\
H
T
XL
S
PHQW

LWLVQHFHVVDU
\
WRYHULI
\
ZKHWKHUWKHV
S
HFLILFDWLRQVRIRXU
S
URGXFWVILWWRVXFK
D
SS
OLFDWLRQV3OHDVHHQVXUHWKDW
\
RXZLOODVNDQGFKHFNZLWKRXULQ
T
XLU
\
GHVNDVWRZKHWKHU
WKHV
S
HFLILFDWLRQVRIRXU
S
URGXFWVILWWRVXFKD
SS
OLFDWLRQVXVHEHIRUH
\
RXXVHRXU
S
URGXFWV
ٹ7KH
T
XDOLW
\
DQG
S
HUIRUPDQFHRIRXU
S
URGXFWVDVGHVFULEHGLQWKLVRQOLQHFDWDOR
J
RQO
\
D
SS
O
\
WRRXU
S
URGXFWVZKHQXVHGLQLVRODWLRQ7KHUHIRUH
S
OHDVHHQVXUH
\
RXHYDOXDWHDQGYHULI
\
RXU
S
URGXFWVXQGHUWKHV
S
HFLILFFLUFXPVWDQFHVLQZKLFKRXU
S
URGXFWVDUHDVVHPEOHGLQ
\
RXU
RZQ
S
URGXFWVDQGLQZKLFKRXU
S
URGXFWVZLOODFWXDOO
\
EHXVHG
ٹ,I
\
RXXVHRXU
S
URGXFWVLQH
T
XL
S
PHQWWKDWUH
T
XLUHVDKL
J
KGH
J
UHHRIUHOLDELOLW
\
UH
J
DUGOHVV
RIWKHD
SS
OLFDWLRQ
LWLVUHFRPPHQGHGWKDW
\
RXVHWX
S
S
URWHFWLRQFLUFXLWVDQGUHGXQGDQF
\
FLUFXLWVLQRUGHUWRHQVXUHVDIHW
\
RI
\
RXUH
T
XL
S
PHQW
ٹ7KH
S
URGXFWVDQG
S
URGXFWV
S
HFLILFDWLRQVGHVFULEHGLQWKLVRQOLQHFDWDOR
J
DUHVXE
M
HFWWR
FKDQ
J
HIRULP
S
URYHPHQWZLWKRXW
S
ULRUQRWLFH7KHUHIRUH
S
OHDVHEHVXUHWRUH
T
XHVWDQG
FRQILUPWKHODWHVW
S
URGXFWV
S
HFLILFDWLRQVZKLFKH[
S
ODLQWKHV
S
HFLILFDWLRQVRIRXU
S
URGXFWVLQ
GHWDLO
EHIRUH
\
RXILQDOL]HWKHGHVL
J
QRI
\
RXUD
SS
OLFDWLRQV
S
XUFKDVH
RUXVHRXU
S
URGXFWV
ٹ7KHWHFKQLFDOLQIRUPDWLRQLQWKLVRQOLQHFDWDOR
J
S
URYLGHVH[DP
S
OHVRIRXU
S
URGXFWV
W
\S
LFDOR
S
HUDWLRQVDQGD
SS
OLFDWLRQFLUFXLWV:HGRQRW
J
XDUDQWHHWKHQRQLQIULQ
J
HPHQWRI
WKLUG
S
DUW
\
VLQWHOOHFWXDO
S
UR
S
HUW
\
UL
J
KWVDQGZHGRQRW
J
UDQWDQ
\
OLFHQVH
UL
J
KW
RULQWHUHVW
LQRXULQWHOOHFWXDO
S
UR
S
HUW
\
ٹ,IDQ
\
RIRXU
S
URGXFWV
S
URGXFWV
S
HFLILFDWLRQVDQGRUWHFKQLFDOLQIRUPDWLRQLQWKLVRQOLQH
FDWDOR
J
LVWREHH[
S
RUWHGRU
S
URYLGHGWRQRQUHVLGHQWV
WKHODZVDQGUH
J
XODWLRQVRIWKH
H[
S
RUWLQ
J
FRXQWU
\
HV
S
HFLDOO
\
ZLWKUH
J
DUGWRVHFXULW
\
DQGH[
S
RUWFRQWURO
VKDOOEHREVHUYHG
ٹ7KHVZLWFKRYHUGDWHIRUFRP
S
OLDQFHZLWKWKH5R+6'LUHFWLYH5($&+5H
J
XODWLRQVYDULHV
GH
S
HQGLQ
J
RQWKH
S
DUWQXPEHURUVHULHVRIRXU
S
URGXFWV
ٹ:KHQ
\
RXXVHWKHLQYHQWRU
\
RIRXU
S
URGXFWVIRUZKLFKLWLVXQFOHDUZKHWKHUWKRVH
S
URGXFWV
DUHFRP
S
OLDQWZLWKWKH5R+6'LUHFWLYH5($&+5H
J
XODWLRQ
S
OHDVHVHOHFW6DOHV,Q
T
XLU
\
LQWKH
ZHEVLWHLQ
T
XLU
\
IRUPDQGFRQWDFWXV
:HGRQRWWDNHDQ
\
UHV
S
RQVLELOLW
\
IRUWKHXVHRIRXU
S
URGXFWVRXWVLGHWKHVFR
S
HRIWKH
V
S
HFLILFDWLRQV
GHVFUL
S
WLRQV
J
XLGHOLQHVDQG
S
UHFDXWLRQVGHVFULEHGLQWKLVRQOLQHFDWDOR
J
$SU
*XLGHOLQHVDQGSUHFDXWLRQVUHJDUGLQJWKH
WHFKQLFDOLQIRUPDWLRQDQGXVHRIRXUSURGXFWV
GHVFULEHGLQWKLVRQOLQHFDWDORJ
5HJDUGLQJWKH&HUWLILFDWHRI&RPSOLDQFHZLWK
WKH(85R+6'LUHFWLYH5($&+5HJXODWLRQV!
1RWLFHV,WHPVWREHREVHUYHG
ٹ$
SS
OLFDEOHODZVDQGUH
J
XODWLRQV
嵣7KLV
S
URGXFWFRP
S
OLHVZLWKWKH5R+6'LUHFWLYH
5HVWULFWLRQRIWKHXVHRIFHUWDLQKD]DUGRXVVXEVWDQFHVLQ
HOHFWULFDODQGHOHFWURQLFH
T
XL
S
PHQW
',5(&7,9((8DQGق(8


嵣1R2]RQH'H
S
OHWLQ
J
&KHPLFDOV
2'&V
FRQWUROOHGXQGHUWKH0RQWUHDO3URWRFRO$
J
UHHPHQWDUHXVHGLQ

S
URGXFLQ
J
WKLV
S
URGXFW
岜:HGRQRWXVH3%%VRU3%'(VDVEURPLQDWHGIODPHUHWDUGDQWV
嵣([
S
RUW
S
URFHGXUHZKLFKIROORZHGH[
S
RUWUHODWHGUH
J
XODWLRQVVXFKDVIRUHL
J
QH[FKDQ
J
HDQGDIRUHL
J
QWUDGH
PHWKRGRQWKHRFFDVLRQRIH[
S
RUWRIWKLV
S
URGXFW
嵣7KHVH
S
URGXFWVDUHQRWGDQ
J
HURXV
J
RRGVRQWKHWUDQV
S
RUWDWLRQDVLGHQWLILHGE
\
81
8QLWHG1DWLRQV
QXPEHUV
RU81FODVVLILFDWLRQ
ٹ/LPLWHGD
SS
OLFDWLRQV
嵣7KLVFD
S
DFLWRULVGHVL
J
QHGWREHXVHGIRUHOHFWURQLFVFLUFXLWVVXFKDVDXGLRYLVXDOH
T
XL
S
PHQWKRPH
D
SS
OLDQFHVFRP
S
XWHUVDQGRWKHURIILFHH
T
XL
S
PHQWR
S
WLFDOH
T
XL
S
PHQWPHDVXULQ
J
H
T
XL
S
PHQW
嵣+L
J
KUHOLDELOLW
\
DQGVDIHW
\
DUHUH
T
XLUHG
>
EHD
S
RVVLELOLW
\
WKDWLQFRUUHFWR
S
HUDWLRQRIWKLV
S
URGXFWPD
\
GRKDUP
岜WRDKXPDQOLIHRU
S
UR
S
HUW
\
@
PRUH:KHQXVHLVFRQVLGHUHGE
\
WKHXVHWKHGHOLYHU
\
V
S
HFLILFDWLRQVZKLFKVXLWHG
WKHXVHVH
S
DUDWHO
\
QHHGWREHH[FKDQ
J
HG
ٹ,QWHOOHFWXDO
S
UR
S
HUW
\
UL
J
KWVDQGOLFHQVHV
嵣7KHWHFKQLFDOLQIRUPDWLRQLQWKLVV
S
HFLILFDWLRQ
S
URYLGHVH[DP
S
OHVRIRXU
S
URGXFWVW
\S
LFDOR
S
HUDWLRQVDQGD
SS
OLFDWLRQ
FLUFXLWV:HGRQRW
J
XDUDQWHHWKHQRQLQIULQ
J
HPHQWRIWKLUG
S
DUW
\
VLQWHOOHFWXDO
S
UR
S
HUW
\
UL
J
KWVDQGZHGRQRW
J
UDQW
DQ
\
OLFHQVHUL
J
KWRULQWHUHVWLQRXULQWHOOHFWXDO
S
UR
S
HUW
\
ٹ)RUV
S
HFLILFDWLRQ
嵣7KLVV
S
HFLILFDWLRQ
J
XDUDQWHHVWKH
T
XDOLW
\
DQG
S
HUIRUPDQFHRIWKH
S
URGXFWDVLQGLYLGXDOFRP
S
RQHQWV
7KHGXUDELOLW
\
GLIIHUVGH
S
HQGLQ
J
RQWKHHQYLURQPHQWDQGWKHFRQGLWLRQVRIXVD
J
H
%HIRUHXVHFKHFNDQGHYDOXDWHWKHLUFRP
S
DWLELOLW
\
ZLWKDFWXDOFRQGLWLRQVZKHQLQVWDOOHGLQWKH
S
URGXFWV
:KHQVDIHW
\
UH
T
XLUHPHQWVFDQQRWEHVDWLVILHGLQ
\
RXUWHFKQLFDOH[DPLQDWLRQLQIRUPXVLPPHGLDWHO
\
嵣'RQRWXVHWKH
S
URGXFWVEH
\
RQGWKHV
S
HFLILFDWLRQVGHVFULEHGLQWKLVGRFXPHQW
ٹ8
S
RQD
SS
OLFDWLRQWR
S
URGXFWVZKHUHVDIHW
\
LVUH
J
DUGHGDVLP
S
RUWDQW
,QVWDOOWKHIROORZLQ
J
V
\
VWHPVIRUDIDLOVDIHGHVL
J
QWRHQVXUHVDIHW
\
LIWKHVH
S
URGXFWVDUHWREHXVHGLQ
H
T
XL
S
PHQWZKHUHDGHIHFWLQWKHVH
S
URGXFWVPD
\
FDXVHWKHORVVRIKXPDQOLIHRURWKHUVL
J
QLILFDWLRQGDPD
J
H
VXFKDVGDPD
J
HWRYHKLFOHV
DXWRPRELOHWUDLQYHVVHO
WUDIILFOL
J
KWVPHGLFDOH
T
XL
S
PHQWDHURV
S
DFHH
T
XL
S
PHQW
HOHFWULFKHDWLQ
J
D
SS
OLDQFHVFRPEXVWLRQ
J
DVH
T
XL
S
PHQWURWDWLQ
J
URWDWLQ
J
H
T
XL
S
PHQWDQGGLVDVWHUFULPH
S
UHYHQWLRQH
T
XL
S
PHQW
7KHV
\
VWHPLVH
T
XL
SS
HGZLWKD
S
URWHFWLRQFLUFXLWDQG
S
URWHFWLRQGHYLFH
7KHV
\
VWHPLVH
T
XL
SS
HGZLWKDUHGXQGDQWFLUFXLWRURWKHUV
\
VWHPWR
S
UHYHQWDQXQVDIHVWDWXVLQWKHHYHQW
RIDVLQ
J
OHIDXOW
ٹ&RQGLWLRQVRIXVH
嵣%HIRUHXVLQ
J
WKH
S
URGXFWVFDUHIXOO
\
FKHFNWKHHIIHFWVRQWKHLU
T
XDOLW
\
DQG
S
HUIRUPDQFHDQGGHWHUPLQHG
岜ZKHWKHURUQRWWKH
\
FDQEHXVHG7KHVH
S
URGXFWVDUHGHVL
J
QHGDQGPDQXIDFWXUHGIRU
J
HQHUDO
S
XU
S
RVHDQG
岜VWDQGDUGXVHLQ
J
HQHUDOHOHFWURQLFH
T
XL
S
PHQW7KHVH
S
URGXFWVDUHQRWLQWHQGHGIRUXVHLQWKHIROORZLQ
J
V
S
HFLDO
岜FRQGLWLRQV
,QOL
T
XLGVXFKDV:DWHU2LO&KHPLFDOVRU2U
J
DQLFVROYHQW
,QGLUHFWVXQOL
J
KWRXWGRRUVRULQGXVW
,QYD
S
RUVXFKDVGHZFRQGHQVDWLRQZDWHURIUHVLVWLYHHOHPHQWRUZDWHUOHDND
J
HVDOW
\
DLURUDLUZLWKD
KL
J
KFRQFHQWUDWLRQFRUURVLYH
J
DVVXFKDV&O+61+62RU12[
,QDQHQYLURQPHQWZKHUHVWURQ
J
VWDWLFHOHFWULFLW
\
RUHOHFWURPD
J
QHWLFZDYHVH[LVW
0RXQWLQ
J
RU
S
ODFLQ
J
KHDW
J
HQHUDWLQ
J
FRP
S
RQHQWVRULQIODPPDEOHVVXFKDVYLQ
\
OFRDWHGZLUHVQHDU
WKHVH
S
URGXFWV
6HDOLQ
J
RUFRDWLQ
J
RIWKHVH
S
URGXFWVRUD
S
ULQWHGFLUFXLWERDUGRQZKLFKWKHVH
S
URGXFWVDUHPRXQWHG
ZLWKUHVLQDQGRWKHUPDWHULDO
8VLQ
J
UHVROYHQWZDWHURUZDWHUVROXEOHFOHDQHUIRUIOX[FOHDQLQ
J
D
J
HQWDIWHUVROGHULQ
J

,Q
S
DUWLFXODU
ZKHQXVLQ
J
ZDWHURUDZDWHUVROXEOHFOHDQLQ
J
D
J
HQWEHFDUHIXOQRWWROHDYHZDWHUUHVLGXHV
8VLQ
J
LQWKHDWPRV
S
KHUHZKHUHVWUD
\
VDFLGRUDONDOLQH
8VLQ
J
LQWKHDWPRV
S
KHUHZKHUHWKHUHDUHH[FHVVLYHYLEUDWLRQDQGVKRFN

8VLQ
J
LQWKHDWPRV
S
KHUHZKHUHWKHUHDUHORZ
S
UHVVXUHRUGHFRP
S
UHVVLRQ
嵣3OHDVHDUUDQ
J
HFLUFXLWGHVL
J
QIRU
S
UHYHQWLQ
J
LP
S
XOVHRUWUDQVLWLRQDOYROWD
J
H
岜'RQRWD
SS
O
\
YROWD
J
HZKLFKH[FHHGVWKHIXOOUDWHGYROWD
J
HZKHQWKHFD
S
DFLWRUVUHFHLYHLP
S
XOVHYROWD
J
H
岜LQVWDQWDQHRXVKL
J
KYROWD
J
HKL
J
K
S
XOVHYROWD
J
HHWF
嵣2XU
S
URGXFWVWKHUHLVD
S
URGXFWDUHXVLQ
J
DQHOHFWURO
\
WHVROXWLRQ7KHUHIRUHPLVXVHFDQUHVXOWLQUD
S
LG
岜GHWHULRUDWLRQRIFKDUDFWHULVWLFVDQGIXQFWLRQVRIHDFK
S
URGXFW(OHFWURO
\
WHOHDND
J
HGDPD
J
HV
S
ULQWHGFLUFXLWDQG
DIIHFWV
S
HUIRUPDQFHFKDUDFWHULVWLFVDQGIXQFWLRQVRIFXVWRPHUV
\
VWHP
1RWLFHV
,WHPVWREHREVHUYHG
2FW
&RQGXFWLYH3RO\PHU$OXPLQXP6ROLG&DSDFLWRUV
&LUFXLWGHVL
J
Q
3URKLELWHGFLUFXLWV
/HDNDJHFXUUHQWRIWKH26&21PD\LQFUHDVHLQWKHIROORZLQJFRQGLWLRQV
D6ROGHULQJ
E:KHQYROWDJHLVQRWDSSOLHGKLJKWHPSHUDWXUHQRORDGWHVWKLJKWHPSHUDWXUHDQGKLJKKXPLGLW\QRORDG
岜WHVWUDSLGO\FKDQJLQJWHPSHUDWXUHWHVWHWF
$YRLGWKHXVHRIWKH26&21LQWKHIROORZLQJW\SHRIFLUFXLWVEHFDXVHOHDNDJHFXUUHQWPD\LQFUHDVH
D+LJKLPSHGDQFHFLUFXLWV
E&RXSOLQJFLUFXLWV
F7LPHFRQVWDQWFLUFXLWV
G2WKHUFLUFXLWVWKDWDUHVLJQLILFDQWO\DIIHFWHGE\OHDNDJHFXUUHQW
名,I\RXSODQWRXVHRUPRUH26&21VLQDVHULHVFRQQHFWLRQSOHDVHFRQWDFWXVEHIRUHXVH岞
)DLOXUHDQGOLIHVSDQ
7KHIDLOXUHUDWHLVK&RQILGHQFHOHYHOEDVHGRQ-,6&
7KHSURVSHFWLYHIDLOXUHLVQRW]HUR7KHPDLQO\IDLOXUHPRGHVDUHDVIROORZV
&RQWLQJHQF\IDLOXUH
7KHPRVWFRPPRQIDLOXUHPRGHLVDVKRUWFLUFXLW0DLQO\FDXVHGE\WKHVROGHULQJRURSHUDWLQJWHPSHUDWXUH
HQYLURQPHQWDORQJZLWKKHDWVWUHVVHVHOHFWULFDOVWUHVVHVRUPHFKDQLFDOVWUHVVHVDVIROORZV
嵣$SSO\LQJYROWDJHRYHUWKHUDWHGYROWDJH
嵣$SSO\LQJUHYHUVHYROWDJH
嵣([FHVVLYHPHFKDQLFDOVWUHVV
嵣$SSO\LQJUXVKFXUUHQWE\VXGGHQFKDUJHRUGLVFKDUJHRXWRIWKHVSHFLILFDWLRQ
7KHIROORZLQJSKHQRPHQRQLVVHHQZKHQVKRUWFXUUHQWLVDSSOLHGWRWKH26&21
D:KHQFXUUHQWLVUHODWLYHO\ORZDSSUR[$RUOHVVDSSUR[$RUOHVVDSSUR[$RU
OHVV
7KH26&21EHFRPHVKHDWHGEXWQRHIIHFWVDUHYLVLEOHHYHQZKHQWKHFXUUHQWLVFRQWLQRXVO\FDUULHG
E:KHQWKHVKRUWFLUFXLWFXUUHQWVH[FHHGWKHPHQWLRQHGYDOXHDERYH
$IWHULQWHUQDOWHPSHUDWXUHLQFUHDVHVHDOLQJUXEEHUPD\EHWXUQHGRYHU
,QVRPHFDVHVRGRURXVJDVPD\EHSURGXFHG
,QFDVHDVKRUWFLUFXLWRFFXUVHQVXUHVDIHW\E\IXOO\FRQVLGHULQJWKHIROORZLQJV
D,IRGRURXVJDVLVUHOHDVHGWXUQRIIWKHPDLQSRZHURIWKHHTXLSPHQW
,QWKLVFDVHNHHS\RXUIDFHDQGKDQGVDZD\IURPWKHDUHD
E7KRXJKLWGHSHQGVRQWKHFRQGLWLRQVLWWDNHVVHFRQGVWRPLQXWHVEHIRUHRGRUDQWJDVJHQHUDWHV
3URWHFWLYHFLUFXLWVKRXOGRSHUDWHLQWKLVSHULRG
F,IWKHJDVFRPHVLQWRH\HVULQVHLPPHGLDWHO\,IWKHJDVLVLQKDOHGJDUJOHLPPHGLDWHO\
G'RQRWOLFNWKHHOHFWURO\WH,IWKHHOHFWURO\WHWRXFKHVVNLQZDVKLWRIIZLWKVRDSLPPHGLDWHO\
H7KH26&21FRQWDLQVFRPEXVWLEOHVXEVWDQFHV,QFDVHDODUJHFXUUHQWFRQWLQXHVWRIORZDIWHUD
VKRUWFLUFXLWLQWKHZRUVWFDVHWKHVKRUWHGRXWVHFWLRQPD\LJQLWH)RUVDIHW\LQVWDOODUHGXQGDQW
FLUFXLWRUDSURWHFWLYHFLUFXLWHWF
:HDURXWIDLOXUHOLIHWLPH
:KHQOLIHWLPHVSDQH[FHHGHGWKHVSHFLILHGJXDUDQWHHWLPHRIHQGXUDQFHDQGGDPSKHDWHOHFWURO\WH
PLJKWLQVXODWHDQGFDXVHHOHFWULFFKDUDFWHULVWLFFKDQJHG7KLVLVFDOOHGDQRSHQFLUFXLW
7KHHOHFWULFFKDUDFWHULVWLFVRIFDSDFLWDQFHDQG(65PD\SRVVLEO\FKDQJHZLWKLQWKHVSHFLILHGUDQJH
LQVSHFLILFDWLRQVHYHQLILWLVXVHGXQGHUWKHFRQGLWLRQRIWKHUDWHGYROWDJHHOHFWULFDQGPHFKDQLFDO
SHUIRUPDQFH3OHDVHQRWHLWZKHQGHVLJQLQJ
岜岜*XLGHOLQHVDQGSUHFDXWLRQVق26&21ك
2FW
&RQGXFWLYH3RO\PHU$OXPLQXP6ROLG&DSDFLWRUV
/HDNDJHFXUUHQW
0HFKDQLFDOVWUHVVPD\FDXVH26&21bVOHDNDJHFXUUHQWLQFUHDVHG
,QVXFKDFDVHOHDNDJHFXUUHQWZLOOJUDGXDOO\GHFUHDVHE\DSSO\LQJYROWDJHZLWKLQWKHFDWHJRU\YROWDJHDQG
WKHXSSHUOLPLWRIFDWHJRU\WHPSHUDWXUH
7KHQVHOIKHDOLQJVSHHGRIOHDNDJHFXUUHQWLVIDVWHUZKHQLWLVQHDUWRWKHXSSHUOLPLWRIFDWHJRU\WHPSHUDWXUH
DQGWKHFDWHJRU\YROWDJH
26&21 26&21
OHDNDJHFXUUHQWUHVWRUDWLRQFKDUDFWHULVWLFV OHDNDJHFXUUHQWUHVWRUDWLRQFKDUDFWHULVWLFV
9'&)ق9'&DSSOLHGك 9'&)ق$PELHQWWHPSHUDWXUH٦ك
岜岜岜岜岜岜岜岜岜岜岜ق0HDVXUHGYROWDJHۋك
پ7RPDNHWKHUHFRYHU\RI/&YDOXHVHDV\WRVKRZVDPSOHVWKDW/&YDOXHVKDYH
EHHQLQFUHDVHGRQSXUSRVHDUHXVHGLQWKHWHVW
5DSLGFKDUJHDQGGLVFKDUJHOLPLWDWLRQ
$OORZDQFHRIDODUJHUXVKFXUUHQWWRIORZGXHWRUDSLGFKDUJHDQGGLVFKDUJHPD\UHVXOWLQVKRUWFLUFXLWRU
ODUJHOHDNDJHFXUUHQW7KHSURWHFWLRQFLUFXLWWRPDLQWDLQKLJKUHOLDELOLW\LVUHFRPPHQGHGZKHQUXVKFXUUHQW
WRIORZWRWKH26&21LVLQWKHIROORZLQJFDVHV
3URGXFWVZKLFKWLPHVRIDOORZDEOHULSSOHFXUUHQWLVOHVVWKDQ$,WLVZKHQ$RURYHURIUXVK
FXUUHQWLVDSSOLHG
3URGXFWVZKLFKWLPHVRIDOORZDEOHULSSOHFXUUHQWLV$RURYHU,WLVZKHQUXVKFXUUHQWZKLFKWKH
ILJXUHLVRYHUWLPHVRIDOORZDEOHULSSOHFXUUHQWLVDSSOLHG
0RXQWLQ
J
6ROGHULQJZLWKDVROGHULQJLURQ
:KHQOHDGWHUPLQDOVIRUUDGLDOOHDGW\SHPXVWEHSURFHVVHGEHFDXVHWKHOHDGSLWFKDQGWKH3&%KROHV
GRQRWPDWFKSURFHVVWKHPZLWKRXWDQ\VWUHVVHVWRWKH26&21EHIRUHVROGHULQJ
6ROGHUZLWKRXWDQ\H[FHVVLYHVWUHVVHVWRWKH26&21LWVHOI
:KHQWKH26&21KDVEHHQVROGHUHGRQFHDQGQHHGVWREHUHPRYHGUHPRYHLWDIWHUWKHVROGHUKDV
EHHQFRPSOHWHO\PHOWHG
'RQRWOHWWKHWLSRIWKHVROGHULQJLURQWRXFKWKH26&21LWVHOI
)ORZVROGHULQJ
'RQRWDSSO\IORZVROGHULQJWR26&2160'W\SH
'RQRWVROGHUWKH26&21LWVHOIE\VXEPHUJLQJLWLQPHOWHGVROGHU
6ROGHUWKHRSSRVLWHVLGHWKDWWKH26&21LVPRXQWHGRQ
1RWHWKDWIOX[GRHVQRWDGKHUHWRDQ\ZKHUHH[SHFWWKHOHDGWHUPLQDO
1RWHWKDWRWKHUFRPSRQHQWVGRQRWIDOORYHUDQGWRXFKWKH26&21ZKHQVROGHULQJ
5HIORZVROGHULQJ
'RQRWDSSO\UHIORZVROGHULQJWR26&215DGLDO/HDGW\SH
3OHDVHFRQWDFWXVIRUVHWWLQJ936FRQGLWLRQV
2FW



   



   
/HDNDJHFXUUHQW$
7LPHK
/HDNDJHFXUUHQW$
7LPHK
٦
٦
٦
9 DSSOLHG
9 DSSOLHG
9 DSSOLHG
&RQGXFWLYH3RO\PHU$OXPLQXP6ROLG&DSDFLWRUV
&DSDFLWRUKDQGOLQJDIWHUVROGHULQJ
'RQRWVXEMHFWWKH26&21WRH[FHVVLYHVWUHVVDVIROORZV
'RQRWWLOWEHQGRUWZLVWWKH26&21
'RQRWPRYHWKH3&%ZLWKKROGLQJWKH26&21LWVHOI
'RQRWKLWWKH26&21ZLWKREMHFWV
:KHQVWDFNLQJ3&%VPDNHVXUHWKDWWKH26&21GRHVQRWWRXFKRWKHU3&%VRUFRPSRQHQWV
&LUFXLWERDUGFOHDQLQJ
&KHFNWKHIROORZLQJLWHPVEHIRUHZDVKLQJ3&ERDUGZLWKWKHVHGHWHUJHQWVKLJKTXDOLW\DOFRKROEDVHG
FOHDQLQJIOXLGVXFKDV3LQHD676FOHDQWKUX+/0.RU7HFKQR&DUH)5:WKURXJK
RUGHWHUJHQWVLQFOXGLQJVXEVWLWXWHIUHRQDV$.$(6RU,3$
8VHLPPHUVLRQRUXOWUDVRQLFZDYHVWRFOHDQZLWKLQPLQXWHV
7KHWHPSHUDWXUHRIWKHFOHDQLQJIOXLGVKRXOGEHOHVVWKDQ&
:DWFKWKHFRQWDPLQDWLRQRIWKHGHWHUJHQWVXFKDVFRQGXFWLYLW\S+VSHFLILFJUDYLW\ZDWHUFRQWHQWHWF
'RQRWVWRUHWKH26&21LQDORFDWLRQVXEMHFWWRJDVHVIURPWKHFOHDQLQJIOXLGRULQDQDLUWLJKWFRQWDLQHU
DIWHUFOHDQLQJ
'U\WKH3&%RU26&21ZLWKKRWDLUWKDWVKRXOGEHOHVVWKDQWKHXSSHUFDWHJRU\WHPSHUDWXUH
3OHDVHQRWHWKDWLQGLFDWLRQPD\GLVDSSHDUZKHQUXEELQJSULQWVLGHDIWHUZDVKLQJGHSHQGLQJRQDFOHDQHU
3OHDVHFRQWDFWXVIRUGHWDLOVDERXWGHWHUJHQWVFOHDQLQJPHWKRGVDQGGHWHUJHQWVRWKHUWKDQWKRVHOLVWHG
DERYH
)L[DWLYHVDQGFRDWLQJPDWHULDOV
6HOHFWWKHDSSURSULDWHFRYHULQJDQGVHDODQWPDWHULDOVIRUWKH26&21,QSDUWLFXODUGRQbWXVHDFHWRQHLQ
WKHIL[DWLYHFRDWLQJDJHQWDQGGLOXHQW
%HIRUHDSSO\LQJWKHIL[DWLYHRUFRDWLQJFRPSOHWHO\UHPRYHDQ\IOX[UHVLGXHDQGIRUHLJQPDWWHUIURPWKH
DUHDZKHUHWKHERDUGDQGWKH26&21ZLOOEHMRLQWHGWRJHWKHU
$OORZDQ\GHWHUJHQWWRGU\EHIRUHDSSO\LQJWKHIL[DWLYHRUFRDWLQJ
3OHDVHFRQWDFWXVIRUWKHIL[DWLYHDQGFRDWLQJKHDWFXULQJFRQGLWLRQV
&DSDFLWRULQVXODWLRQ
%HVXUHWRFRPSOHWHO\VHSDUDWHWKHFDVHQHJDWLYHOHDGWHUPLQDOSRVLWLYHOHDGWHUPLQDODQG3&ERDUGSDWWHUQV
ZLWKHDFKRWKHUGXHWRWKHIROORZLQJUHDVRQV
,QVXODWLRQLVQRWJXDUDQWHHGDWDSDUWRIUHVLQRQWKHVXUIDFHRIDFDVH
,WRIIHUVLQFRQVWDQWUHVLVWDQFHEHWZHHQDFDVHDQGDQHJDWLYHOHDGWHUPLQDODQGLWLVQbWLQVXODWHG
6WRUD
J
H
2SHQWKHEDJVMXVWEHIRUHPRXQWLQJDQGXVHXSDOOSURGXFWVRQFHRSHQHG
)RUNHHSLQJDJRRGVROGHUDELOLW\VWRUHWKH26&21DVIROORZV
7KH-('(&-67'VWDQGDUGLVQRWDSSOLFDEOH
名,QWHOOHFWXDOSURSHUW\ULJKW
:H3DQDVRQLF*URXSDUHSURYLGLQJWKHSURGXFWDQGVHUYLFHWKDWFXVWRPHUVFDQXVHZLWKRXWDQ[LHW\DQGDUH
ZRUNLQJSRVLWLYHO\RQWKHSURWHFWLRQRIRXUSURGXFWVXQGHULQWHOOHFWXDOSURSHUW\ULJKWV
5HSUHVHQWDWLYHSDWHQWVUHODWLQJWR26&21DUHDVIROORZV
863DWHQW 1R1R
5DGLDO
OHDGW\SH
%DJSDFNLQJSURGXFW
7DSLQJSURGXFW
:LWKLQPRQWKVDIWHUVKLSPHQW
:LWKLQPRQWKVDIWHUVKLSPHQW
$IWHUXQVHDOLQJ%HIRUHXQVHDOLQJ
2FW
:LWKLQGD\VIURPRSHQLQJ
SDFNDJHGZLWKFDUULHUWDSH
:LWKLQGD\VIURPRSHQLQJ
60'W\SH :LWKLQPRQWKVDIWHUVKLSPHQW