Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR 0DQXDOH[SHULPHQWDOYHUVLyQ
(VTXHPiWLFDFODUD\SUHFLVD
ice
ns
e
v. Pa c
kL
'LQDPLD6HGXFWLYD 3DUDDWUDHUVHGXFLU\OOHYDUDOVH[RDWRGDPXMHUTXHWHSURSRQJDV 0\VWHU\0HWKRG\6HGXFFLyQ'LQiPLFD
Re
qu ire
Ad
3RU,$OHMDQGUR9HOiVTXH]0 $.$1HR
Created by eDocPrinter PDF Pro!!
L
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
v. Pa c
kL
ice
ns
e
$WRGRVDTXHOORVKRPEUHV\PXMHUHVTXHQXQFDOOHJDUDQD FRQRFHUVHSRUFXOSDGHVXLJQRUDQFLD\GHVXVPLHGRV« $HOORVGHGLFRHVWDREUDFRPSDVLYDPHQWH«
Ad
Re
qu ire
1HR
Created by eDocPrinter PDF Pro!!
LL
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
ice
ns
e
v. Pa c Ad
Re
qu ire
kL
5HFRQRFLPLHQWRVHVSHFLDOHV $ORVPDHVWURV-XOLR*DOiQ'UHDP\DORV38$V ;;*.DRV0DWLB'XLOLRVH[)D]\VLHPSUH.HQER\«D TXLHQHVFRQVLGHURPLVPHMRUHVDPLJRV
Created by eDocPrinter PDF Pro!!
LLL
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
LQWURGXFFLyQ VLVWHPD0 SDVRDSDVR KD]HOOHYDQWH FRQRFLpQGRVH UHFRQRFHHOWUDEDMRKHFKR FRQWLQ~D OOHYiQGRODDORtQWLPR HVFDODGDItVLFDVH[XDO DSXQWHV DOJRTXHGHEHVDQDOL]DU QRWD FRQFOXVLyQ ELEOLRJUDItD
Re
qu ire
Ad
v. Pa c
kL
ice
ns
e
7DEODGHFRQWHQLGR
Created by eDocPrinter PDF Pro!!
LY
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
v. Pa c
kL
ice
ns
e
Re
qu ire
Ad
1RWD £££(VWRIXQFLRQD3HUR\RPHDEVXHOYRGHWRGDOD UHVSRQVDELOLGDGGHWXVDFWRVGHVSXpVGHXVDUHVWD JXtD'HERPHQFLRQDUXVDUHVWDJXtDHVWX GHFLVLyQHQWRGRFDVRGHEHVVDEHUTXHHVWDJXtDHV H[SHULPHQWDO\QRSRVHHPDVTXHDQiOLVLV\ H[SHULPHQWDFLyQGHPLSURSLDPDQRGHPL PLVPR \GHQDGLHPDVGHPRGRTXHQRVHVDEH DFLHQFLDFLHUWDVLIXQFLRQDULDFRQWLJRWDPELpQ PRGLILFDUHSHULyGLFDPHQWHHVWDJXtDDPHGLGDTXH PLFRQRFLPLHQWR\H[SHULHQFLDFUH]FDQ«QRWDUDV WDPELpQWXVLHUHVXQVHJXLGRUGHODVHGXFFLyQPLV HUURUHV\PLVPHMRUDV«GHMRSXHVPLFRQRFLPLHQWRHQ WXPDQRV (VWHHV0DWHULDOGHGRPLQLR3XEOLFR~VDORSHUR UHFXHUGD«GHTXLHQHVDVtTXHFRORFDPLVHXGyQLPRDO FLWDUHOSUHVHQWHPDWHULDO (ODXWRU
Created by eDocPrinter PDF Pro!!
Y
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
kL
ice
ns
e
Re
qu ire
Ad
v. Pa c
,QWURGXFFLyQ ³HQVHxDORTXHVHSDVDSUHQGHORTXHQR´ 8QDYH]WLHQHVORVFRQRFLPLHQWRVGHEHVSUDFWLFDUORV +D\DOJRTXHWHQJRTXHGHFLUWH (QPLRSLQLyQDTXtWUDWDUHGHIRUPDLQWHJUDOYDULRVPpWRGRV TXHPXFKRVGHQRVRWURVORVVHGXFWRUHV FRQRFHPRVHO 0\VWHU\0HWKRGHO&RRN )XQQ\6SHHG6HGXFWLRQ 6HGXFFLRQ3VLTXLFDEODEODEODORTXHKLFHDTXLHVLQWHJUDUORV WRGRVWDOYH]OH\HQGRHVWRWHGHVFXHQWDGHORLPSRUWDQWH TXHHVODSUDFWLFD¢GHTXHVLUYHODFRPLGDVLQRODFRPHV" 4XLHURWDPELpQGHMDUDOJRELHQFODUR<21262<(/0(-25(1 (672GHOHYDQWDUVHPXMHUHVHVWR\PX\OHMRVGHHOORDXQ SHURVLDOJRVHHVTXHORHVWR\LQWHQWDQGRPX\GXUDPHQWHGtD DGtD\HVWR\VLJXLHQGRHOFDPLQRSDUDHQFRQWUDUDODPXMHU GHPLVVXHxRV (VWHQRHVQLQJXQOLEURHVWDHVVRORXQDJXtD HVTXHPiWLFDGHO0<67(5<0(7+2'5 SHURDXQ DVtHVWDREUDQRSHUWHQHFHDODFRPSDxtDGHO 0\VWHU\0HWKRG5 QLHVHO0\VWHU\0HWKRG5 SURSLDPHQWHGLFKR (QHVWDJXtDKDEUiFRVDVTXHVHUiQREYLDGDV\D TXHVRQGHPDVLDGREiVLFDVHQHOMXHJR 2WURSXQWRLPSRUWDQWHSDUDODOHFWXUDGHHVWHPDQXDOHVTXH WXQRQHFHVLWDVVHUXQJUDQVHGXFWRU+LSQRWLVWDH[SHUWRR DOJRSRUHOHVWLORWXVRORQHFHVLWDVWHQHUORVFRQFHSWRVFODURV HQWXPHQWH\SRVHHUXQMXHJRLQWHUQRHQRUGHQWRPDHVWR
EXHQRWDOYH]QRWRGRVSHURVLXQDJUDQPD\RUtDQDGLHSXHGHVDEHUORWRGR
Created by eDocPrinter PDF Pro!!
YL
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
ice
ns
e
HQFXHQWD SLHQVDTXHHVWDJXtDHVSDUD38$VDOJRPDV DYDQ]DGRVTXHFRQR]FDQDOJRGHOWHPDVLHVWHQRHVWX FDVR\QRWLHQHVFRQRFLPLHQWRDOJXQR\WXVRORGHVFDUJDVWH HVWDJXtDWHVXJLHURFRQVXOWHV/26/,%52648('2<$ &212&(5(1/$%,%/,2*5$),$«WDPSRFRQHFHVLWDQVHU H[SHUWRVSRUTXHGHHVWHPRGR\DQRQHFHVLWDUDQOHHUHVWR« ¢2PHHTXLYRFR"VLHVDVtOR~QLFRTXHKDUtDVVHULDFULWLFDUPH -«\QRHVWDPRVDTXtSDUDHVR 8QVDOXGR\DOHHU 6LQFHUDPHQWH\FRQWRGRUHVSHWR«W~DPLJR
Re
qu ire
Ad
v. Pa c
kL
1HR
ORPHMRUHVTXHVHDVXQDSUHQGL]GH38$\QRFXHVWLRQHVHOTXHFXHVWLRQDODV HQVHxDQ]DVGHPDHVWURVRORDSUHQGHDKDFHUSUHJXQWDV*XQZLFK
Created by eDocPrinter PDF Pro!!
YLL
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
e
v. Pa c
kL
ice
ns
VLVWHPD0 $ YDFRPRVLJXH )$6($75$&&,21<$3(5785$ $$SHUWXUD $DWUDFFLyQ,QWHUpV $&XDOLILFDFLyQ )$6(&21)257 &±FRQIRUWLQLFLDO 3XHQWHWHPSRUDO &±FRQIRUWPHGLR &±FRQIRUWILQDO )$6(6('8&&,21 6H[FLWDFLyQ 6±5HVLVWHQFLDDO~OWLPRPLQXWR 6±6H[R/DLG (VWHHOPRGHORTXHWRGRVHGXFWRUGHEHFRQRFHUHVHOTXH QXHVWURDPLJR\PDHVWUR0\VWHU\SURSRQHUHFRPLHQGR WDPELpQTXHFXDQGRMXHJXHVHYLWHVDWRGDFRVWDVDOWDUHVWDV IDVHV 3RUORWDQWR $!$!$!&!37!&!&!6!6!6
Re
qu ire
Ad
% DKRUDYHDPRVHOVLVWHPD±1HR0DYDQ]DGR %iVLFDPHQWHHVHOPLVPRSHURPHMRUH[SOLFDGR\PHMRU VHFFLRQDGRQDGDPiVDXQSXHGHVHUFRQVLGHUDGRFRPRXQ PRGHORDQH[RDOGHO0\VWHU\0HWKRG 'LIHUHQFLD(VTXHPiWLFDGHO0FRP~QFRQHOQHR0 (OQHR0SRVHHFDUDFWHUtVWLFDVODGLQiPLFD\ODOLQHDO 9HDPRV GLQiPLFRQRQHFHVLWDWHQHUXQRUGHQHVSHFtILFR OLQHDOVHJXLUORDUDMDWDEODDYHFHVSRUREYLRVPRWLYRV VHDQHVWRVGHSURJUHVLyQHPRFLRQDORItVLFRV 5(&25'(02648( (OPRGHORGH0\VWHU\(6727$/0(17(/,1($/<08&+$6 9(&(6'(%(6(56(*8,'2$5$-$7$%/$«FRVDTXHQRHV PX\FRQYHQLHQWHSDUDWHQHUXQEXHQMXHJR\DTXHHVWHGHEH EDVDUVHPDVTXHWRGRHQHOFDOLEUDMH\QRDVtHQHVTXHPDV
$FODURTXHDXQTXH\RORKD\DGLVHxDGRDXQORFRQVLGHURFRPRGH0\VWHU\VLWX GHVHDVSXHGHVGDUPHORVFUpGLWRVDPL
Created by eDocPrinter PDF Pro!!
YLLL
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
Re
qu ire
Ad
v. Pa c
kL
ice
ns
e
UtJLGRV 1HR0 !$&9 &RQWDFWRYLVXDO±DFHUFDPLHQWRSUXHEDVRFLDO±QLYHOHVGH HQHUJtD !$$3(5785$ 5(*/$GHVHJXQGR 2SHQHUOLPLWDFLyQWHPSRUDO±SRVLEOHV1HJDV±DUUDLJR OLQHDO 2WURRSHQHUVLIXHVHQHFHVDULR ±)DOVRVGHVFDOLILFDGRUHV± DUUDLJRVLIXHVHQHFHVDULR 3RVLEOHSXQWRGHHQJDQFKH !775$16,&,21 7UDQFLVLyQ !$9$/25 9DORULQWHUpV FXULRVLGDG±GHVHR NLQRHVFDODGDDFFLGHQWDO !0$,60,1,$,6/$&,21 0LQLDLVODPLHQWR !$&8$/,),&$&,21 3RVLEOHJURXQGLQJ &XULRVLGDG 'HVDUPH&XDOLILFDFLyQGLQiPLFR 'LQDPLDGHSHVFD NLQRHVFDODGDIRUPDO !$,6$,6/$&,21 $LVODPLHQWRWRWDO !&&219(56$&,21 &RQYHUVDFLyQHPSDWLDYXOQHUDELOLGDGGLQiPLFR 3RVLEOHJURXQGLQJ 'RPLQLRGH)IDFWRUHV GLQiPLFR 3RVLEOHFLHUUH 'HVSHGLGD !3738(17(7(0325$/ 3XHQWHWHPSRUDO -XHJRWHOHIyQLFR !&&21(;,21GLQiPLFR &RQH[LyQ )DVFLQDFLyQ 5DSSRUWSURIXQGR ,QWHUpV &XULRVLGDG 'HVHR NLQRHVFDODGDDIHFWXRVR NLQRHVFDODGDMXJXHWyQ
5HVSHFWRDHVWDUHJODSRGHPRVGHFLUTXHHVXQDYDULDFLyQGHODIDPRVD³UHJODGHORV VHJXQGRV´SHURDGLIHUHQFLDGHHVWDVRORWHQHPRVXQVHJXQGRSDUDDEULUR UHWLUDUQRVFRQXQPDOVDERUGHERFD
Created by eDocPrinter PDF Pro!!
L[
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
v. Pa c
kL
ice
ns
e
&LHUUH !&,17,0,'$' ,QWLPLGDG !6(;,7$&,21 ([FLWDFLyQ NLQRHVFDODGDLQWLPD !6580 580 !6/$,' /DLGVH[R ,QGLUHFWRDPSOLILFDGRQHR0FRPSOHMR $!$!7!$!0$,6!$!$,6!&! 37!&!&!6!6!6 (QHVWHVHQWLGRHO0RGHOR1HR0DXQFRQWLHQHHQVXVIDVHV ODWtSLFDHVWUXFWXUDGH DWUDFFLyQ FRQIRUWPXWXR VHGXFFLyQ
0
$WUDFFLyQ
&RQIRUW
6HGXFFLyQ
Ad
381726$2%6(59$5 1RGHEHROYLGDUVHTXHHVWR6LHVHVWULFWDPHQWHOLQHDO
Re
qu ire
(OPRGHOR1HR0WLHQHWUHVWLSRVGHHVFDODGDV /RJtVWLFD±YHUEDO .LQHVWHVLFD (PRFLRQDO 1RWHSUHRFXSHVVLIDOODVDOVHJXLUODHVWUXFWXUDHVDOJR QRUPDO
Created by eDocPrinter PDF Pro!!
[
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
e
Re
qu ire
Ad
v. Pa c
kL
ice
ns
3DVRDSDVR (VWDJXtDHVPDVELHQXQ HVTXHPDGHSDVRVD VHJXLUFODUD\FRQFLVDWH LQGLFDUHSDVRDSDVROR TXHGHEHVKDFHUFDEH PHQFLRQDUTXHHVWH PRGHORHVGLQiPLFRQR OLQHDODVtTXHSRGUtD VXFHGHUTXHHQDOJ~Q FDVRHOSXQWRORKDJDV DQWHVTXHHORTXHHO ORKDJDVDOILQDOHVWRQR LPSRUWDFRPRGLMHOD VHGXFFLyQHQHVWHPRGHOR HVGLQiPLFDQROLQHDO SHURYDKDEHUPRPHQWRV HQORVFXDOHVVHWRUQH HVWULFWDPHQWHOLQHDO QR WHSUHRFXSHVHQVHJXLUORV SDVRVDOSLHGHODOHWUDViOWDWHROYtGDWHFRPRTXLHUDV\DTXH VRORXQH[SHUWRSRGUtDUHDOL]DUHOPRGHORDODSHUIHFFLyQYH SUDFWLFDQGRSRUSDVRV\OOHJDORPDVOHMRVSRVLEOH &DEHPHQFLRQDUTXHQRH[SOLFDUHDTXtPXFKRVGHORV FRQFHSWRVQLGHILQLFLRQHVTXHGDQGRGHODGRODVLWXDFLyQGHVL HUHVXQDSUHQGL]RQRFRQOOHYDQGRTXHWX\DSRVHHV FRQRFLPLHQWRGHOWHPDSDUDDVtQRWHQHUQHFHVLGDGGHLUVH SRUODVUDPDVVLQRHVDVtSRUIDYRUWUDEDMDPDVHQWXOHFWXUD GHOLEURVGHVHGXFFLyQRFRQVXOWDDOJXQRVPLVSRVWVHQORV VLJXLHQWHVIRURV KWWSZZZIRURGHOHYDQWHFRP KWWSZZZWRGRVHGXFFLRQFRP]RQDIRUR
DPDQHUDGHHMHPSORGHERGHFLUTXHODIDVHGHDWUDFFLyQSXHGHVHUHVWULFWDPHQWH OLQHDO
Created by eDocPrinter PDF Pro!!
[L
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
qu ire
Ad
v. Pa c
kL
ice
ns
e
Re
Created by eDocPrinter PDF Pro!!
[LL
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
v. Pa c
kL
ice
ns
e
+D]HOOHYDQWH
)XHQWHJUDILFD³PDQXDOGHOVHGXFWRU´
qu ire
Ad
(VWDSDUWHHVPX\LPSRUWDQWH\DTXHHVWDEOHFHODSULPHUD LPSUHVLyQHQWUHW~\WXREMHWLYR &ODURHVWDTXHWDPELpQSXHGHVXWLOL]DUODWpFQLFDGHOD VHJXQGDLPSUHVLyQ D $ XWLOL]DEXHQDWRQDOLGDGGHYR]VHSURIXQGRHQWXVSDODEUDV HQWRGRPRPHQWR KD]FRQWDFWRYLVXDO&9 SDUDKDFHUORSRGUiVVHUYLUWHGHOD WpFQLFD0LUDGDGH(GJDUDPSOLILFDGD FRQVLJXHFRQWDFWRYLVXDOGHVSXpVGHHOORXWLOL]DODWpFQLFD 0LUDGDGH(GJDUDPSOLILFDGDFRQWLQXDFLyQ DFpUFDWH ,QWURG~FHWHHQHOJUXSR E $ KD]WXDSHUWXUDFXPSOLHQGRWRGDODQRUPDGHODDSHUWXUD GHO0\VWHU\0HWKRG
Re
(VWDVLPSOHPHQWHFRQVLVWHHQHQYLDUXQ,'(6PX\JUDQGHHOLUWHGHOVHWSRUDOJRTXH QRWHJXVWD \YROYHUGHVSXpVFRPRVLQRKXELHVHSDVDGRQDGDUHFXHUGDTXHDOYROYHU GHEHVHQYLDUXQ,'(6GHPDQHUDTXHQRVHDGHVFDOLEUDGR±HOKHFKRGHYROYHUDOVHWHV XQJUDQ,',GHWXSDUWH ³YROYtVRORSRUTXHPHKDFHVUHFXHUGRDPLKHUPDQLWD«DXTXHWXHUHVXQSRFRPDV LQPDGXUD´ WpFQLFDTXHH[SOLFD-DFNWKH5LSSHUHQVXOLEURGHSHUGHGRUDVHGXFWRU PpWRGRHOFXDODVLGREDVH\SLHSDUDPXFKRVRWURVPpWRGRVHOLQLKLODWLRQPHWKRG PXVHPHWKRGHLQFOXVRHOTXHHVWDVOH\HQGRDKRUD VLTXLHUHVVDEHUPDVGHHVWH PpWRGRYLVLWD ZZZP\VWHU\PHWKRGFRP2ZZZYHQXVLDQDUWVFRP
Created by eDocPrinter PDF Pro!!
[LLL
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
Ad
v. Pa c
kL
ice
ns
e
KD]OHXQFXPSOLGRDOREVWiFXORQRDVXDSDULHQFLDQROR KDJDVVLHVERQLWD DSOLFD1HJDV\IDOVRVGHVFDOLILFDGRUHVDO REMHWLYR DSOLFDGLQiPLFDGHJUXSRV\FDOLEUDWXSDVRDODVLJXLHQWH IDVH F 7UDQFLVLyQ KDEODXQSRFRPDVDSOLFDXQDUUDLJR\GHVHUQHFHVDULR KD]XQD7UDQFLVLyQDRWURRSHQHU DOFDQ]DHOSXQWRGHHQJDQFKH G $ XVDKXPRU\WRQWHUtDVFKXOLIUHVFR GHEHVORJUDUTXHOD FKLFDUtD,03257$17(SRGUiVVHUYLUWHGHODVRQULVDGH 3URYHQ(VPX\LPSRUWDQWHTXHUtDQTXHUtDQ$SOLFDQHJDV RGHVFDOLILFDGRUHVDOREMHWLYRGHSHQGLHQGRGHO³RUJXOOR´TXH HVWDSRVHD FDOLEUDWXYDORU\ORV,',VPLQPD[WRGRHQ IXQFLyQGHWXFDOLEUDMH HPSLH]DDYDOLGDUDWXREMHWLYR\DGDUOHPDVDWHQFLyQ H PLQLDLVODPLHQWR PLQLDLVODPLHQWRGHEHUiVDLVODUODOHYHPHQWHGHVXVHW SDUDSRGHUFXDOLILFDUOD I $ HPSLH]DHONLQRIRUPDOXWLOL]DXQGHVDUPH\FXDOLILFD J DLVODPLHQWRWRWDO SRGUiVHQWRQFHVDLVODUODWRWDOPHQWH K & FRQYHUVDXQSRFR\XVDDOJ~QSDWUyQGH31/ VLHOODHVWDUHFHSWLYD\KD]GRPLQDGRELHQORVIDFWRUHV
Re
qu ire
ORVQHJDVVRQXQDIRUPDGHGHVFXDOLILFDGRU'$9,'(6VRQODPHMRUIRUPDGHEDMDUHO YDORUGHOREMHWLYRHVWDWpFQLFDHVDFUHGLWDGDD0\VWHU\ GLQDPLFDRWHRULDGHJUXSRVSRGUDVVHUYLUWHGHODGHOP\VWHU\PHWKRGRWDOYH]RWUD TXHVHDGHWXDJUDGR FRPHQWDULRTXHH[SOLFDHOSRUTXHGHWXDSHUWXUD FRRN IXQQ\DUURJDQWH\GLYHUWLGR WHFQLFDDFUHGLWDGDD'DYLG'HDQJHOR HVWHWLSRGHVRQULVDHVDTXHOODTXHFDXWLYDHVDFUHGLWDGDD3URYHQDSDUHFH\HV H[SOLFDGDHQHOOLEUR'HSHUGHGRUDVHGXFWRU HQIXQFLyQDPLFDOLEUDMHFODURHVWDTXHWDPELpQSRGUtDVDGHFXDUPLVLGHDVDODV WX\DVVLDVtWHSDUHFH SURFHVRHQHOFXDOWHTXHGDVDVRODVFRQODFKLFDSHURDXQDGLVWDQFLDUD]RQDEOHGHO JUXSR SURFHVR\QLYHOGRQGHWRFDUDVDFDUOHLQIRUPDFLyQ\H[FXVDVSDUDVDEHUVLUHDOPHQWH VHPHUHFHFRQRFHUWH NLQRRWRFDUIRUPDOQRVUHIHULPRVDODVSULPHUDVVLWXDFLRQHVGHONLQR WpFQLFDTXHVLUYHSHUDGHPRVWUDUOHTXHQRYDVSRUVXEHOOH]D SURFHVRGRQGHDKRUDVLWHTXHGDVDVRODVWRWDOPHQWHFRQODFKLFD\\DSXHGHQHVWDU WRWDOPHQWHFyPRGRV SDUDPXFKRVDXWRUHVHVXQDUXWLQDHVSHFLDOPHQWHGLVHxDGDSDUDKLSQRWL]DUDO REMHWLYR\HVWHHQWUHHQXQHVWDGRGHWUDQFH\RGLUtDPDVELHQTXHHVFUHDUXQ FRQGLFLRQDPLHQWRPHWDOGHOREMHWLYR\UHODFLRQDUORFRQWLJR VLJQLILFDGRPLQDUHOIDFWRUIXODQDIDFWRUVRFLDOIDFWRUGHVWLQR\IDFWRUURPDQFHHVWR
Created by eDocPrinter PDF Pro!!
[LY
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
ice
ns
e
FRQVLJXHVXWHOpIRQRLQFOXVRSRGUtDVFHUUDUFRQEHVRVLHOOD TXLHUHWXQXPHURQXQFDGHEHVGDUWXQXPHURKD]TXH LQVLVWDXWLOL]DXQDIDOVDGHVFXDOLILFDFLRQRKD]DOJ~QFDPELR GHURO«RDXQSXHGHVSHGLUOHVXQXPHURVLQPDVH[FXVDV SHURLQWHUFDPELDQGRQXPHURV«KH\JHQLR(OODVQXQFD OODPDQ(QWRQFHVWXQRSRGUiVOODPDUODHQHVWHSXQWR GHEHUtDVREWHQHUVXQXPHURRLQFOXVRLQWHUFDPELDUORHVWDHV ODPHMRURSFLyQ 6LQRROYtGDORHOODQROODPDUDGHWRGDV IRUPDVVRORYHWH VLFRQVHJXLVWHSDVDUHVWDSDUWHHOODHVWX\DGHEHVWRPDU HOFRQWUROGHWRGDVLWXDFLyQ TXHGDXQGtDSDUDOODPDUOD\SRQXQDH[FXVDSDUDLUWH YHWH
qu ire
Ad
v. Pa c
kL
Re
KDUiGHWXFLHUUHXQFLHUUHVROLGyHVWDWpFQLFDHVDFUHGLWDGDD-DFNWKH5LSSHU WpFQLFDTXHLQGLFDXQ,'(6VLUYHSDUDGHPRVWUDUTXHQRHVWDVLQWHUHVDGRHQHOOD ³FXLGDGRVR\HOWLSRGHFKLFRTXHWXPDPDWHDGYLUWLy´ HQWLHQGHTXHODVPXMHUHVQRGHVHDQKRPEUHVTXHSXHGDQGRPLQDUORVVLHQWHQ DEXUULGRVHVRQRHVGLYHUWLGR HVPHMRUDVt\DTXHHOODQRWHQGUiH[FXVDVSRUQRKDEHUWHFRQWHVWDGR\VLQRORKDFH DVtQRSLHUGHVHOWLHPSR\DTXHGHQRWDTXHQROHLQWHUHVDV HQDOJ~QPRPHQWRWHQLVTXHLUWHXQFRQVHMRTXHWHGR\HVTXHKDEUiVODPD\RU FDQWLGDGGHVHWVTXHSXHGDVHQXQDQRFKHGtDDVtSDUDWHQHUPDVRSFLRQHV
Created by eDocPrinter PDF Pro!!
[Y
qu ire
Ad
v. Pa c
kL
ice
ns
e
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
Re
Created by eDocPrinter PDF Pro!!
[YL
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
qu ire
Ad
v. Pa c
kL
ice
ns
e
&RQRFLpQGRVH &RPRVHDTXHOROODPHVFLWDFRQIRUWUDSSRUWHWFHVWH PRPHQWRGHEHH[LVWLUVHDFXDOTXLHUHVWLORGHHVFXHODTXH XVHV 'HILQLWLYDPHQWHHOOXJDUGHFRQIRUWHVGLIHUHQWHDOXJDUGHOD DWUDFFLyQ , & GHEHVFRQRFHUODHQDOJ~QOXJDUFHUFDDWXFDVDRXQOXJDU SDUDTXHUHDOPHQWHSXHGDQHVWDUDVRODVXQOXJDU REYLDPHQWHGLIHUHQWHDOGHODQRFKHHQODTXHODFRQRFLVWH SRGUtDVLQYLWDUODDWRPDUXQKHODGRRXQFDIpRDOFLQHORTXH TXLHUDVQRXQWUDJRSRUTXHHVWR\HQGHVDFXHUGRFRQHVR FODURHVWDTXHSUHYLDPHQWHGHEHUtDVOODPDUODVLQR¢FRPR GHPRQLRVSLHQVDVTXHYDVDFLWDUOD"QRJDVWHVGLQHURHQHOOD WRGRORTXHHOODFRQVXPDGHEHUiSDJDUORKH\SRGUtDVKDFHU JDVWRVPtQLPRVORVTXHUHDOPHQWHVRQQHFHVDULRVQRYD\D DSHQVDUTXHHUHVXQWDFDxR GHVSXpVGHHQFRQWUDUWHFRQHOODLQWHQWDEHVDUODIDOVDPHQWH VLSXHGHVHQORVSULPHURVVHJXQGRVGHYHUOD (VWRHVXQ WHVWHRVLSDUHFLHUDTXHHOODQRHVWDOLVWDSDUDHOEHVRSRQ XQDVRQULVDFRTXHWHDFRQHOODKD]XQJHVWRDQFODHVWH SRGUtDVHUEHVDUWXVGHGRVtQGLFH\PHGLRPDQGiQGROHXQ EHVRDHOODHVWRODKDUiSHQVDUHQHOORWRGDODQRFKH\OD SRGUiVFRQGLFLRQDU HVFRJHXQOXJDUSDUDVHQWDUWHSUy[LPRDODFKLFDVLPHVDV HQPHGLR 6LHVWDVFHUFDSRGUiVFHUUDUHLQLFLDUHONLQR FRQIRUWTXHGDFODURTXHFRQXQDPHVDHQPHGLRQRSRGUiV ORPtQLPRTXHGHEHUiVKDFHUHQODFLWDHVKDFHUTXHVRQUtD UtDSDUDSXHGDVSDVDUDONLQRDIHFWXRVRMXJXHWyQ HPSLH]DDKDEODU\SUHJXQWDUVREUHVXVVXHxRVHOLFLWDVXV YDORUHVTXHHVLPSRUWDQWHSDUDHOODHLQWHQWDUHFRUGDUOR FXpQWDOHKLVWRULDVSDUDKDFHUYRODUVXLPDJLQDFLyQVHUi LPSRUWDQWHTXHGHVFULEDVORVHVWDGRVHPRFLRQDOHVGHODV KLVWRULDVKDEODVREUHDYHQWXUDVFXDOVHULDVXUHDFFLyQLGHDO DSURYHFKDSDUDDYHULJXDUVXVSDODEUDVGHWUDQFH\VXV VXEPRGDOLGDGHVSDUDSRGHUDSOLFDUODVDXQSDWUyQGH31/ YHULILFDVLHOODEXVFDXQDUHODFLyQRVRORVH[RSRGUiVKDEODU HQIXQFLyQDVXVUHDFFLRQHVSUHJXQWDVREUHVXVVHQVDFLRQHV UHVSHFWRDFRQRFHUDOJXLHQQXHYR\ORPiJLFRTXHVHULDEOD EODVLHOODQREXVFDUHODFLyQKiEODOHGHORVREUHOREXHQRTXH
Re
DFWXDOPHQWHH[LVWHQODVHVFXHODVGHVHGXFFLyQYHOR]\VHGXFFLyQOHQWDVLTXLHUHV VDEHUPDVGHHVWDVHVFXHODVWHVXJLHUROHDVORVOLEURVGHODELEOLRJUDItD SRGUtDVXFHGHUTXHHOODQRKD\DOOHYDGRGLQHURSHQVDGRTXHWXSDJDUtDVWRGR XQDIRUPDGHVDEHUTXHWDQWRKD]SURJUHVDGRHPRFLRQDOPHQWHFRQODFKLFD 8QDQFODHVXQYLQFXORHQWUHXQDHPRFLyQ\XQDH[SUHVLyQGHXQGHWHUPLQDGR VLVWHPDUHSUHVHQWDFLRQDO 8QDHVSHFLHGHWRTXHDOJRDYDQ]DGR SDUDHOORSRGUtDVGDUXQDUHSDVDGDDOOLEURVH[VRIDVW SDUDQRGHMDUWHFRQODVJDQDVWHGLUpTXHVRQSDODEUDVPX\IXHUWHVDQLYHOSVLFROyJLFR SRGUiVWDPELpQHQWHUDUWHGHHOODVOH\HQGRDOJ~QPDWHULDOGH31/ 31/FRQVLVWHHQVDEHUVLHVYLVXDONLQHVWHVLFDRDXGLWLYD\HQTXHSDODEUDVGHOWLSR HVSHFLILFDFRPR³SUHVLyQWHPSHUDWXUDHWF´
Created by eDocPrinter PDF Pro!!
[YLL
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
Re
qu ire
Ad
v. Pa c
kL
ice
ns
e
HVVHUDPLJRVVLHPSUHLPSRQLHQGRWX0DUFRFODURHVWD PDQWpQXQEXHQFRQWDFWRRFXODUREVHUYD\HVFXFKDVXV SDODEUDVFRUUHVSRQGLHQWHVDVXVXEPRGDOLGDG\~VDODVHQOD FRQYHUVDFLyQ KD]\GLWRQWHUtDVVHJUDFLRVRKD]TXHSLHQVHHQWLGHXQD PDQHUDLQWLPDKH\TXLHURXQYHVWLGRFRPRHVHDVtOODPDUtD ODDWHQFLyQGHORVFKLFRVOLQGRVMDMDEURPHD SUHJXQWDVREUHVXH[QRYLR\FDPELDGHWHPDGHVSXpVGH TXHWHQJDVVXILFLHQWHLQIRUPDFLyQHQHVWHPRPHQWRSRGUiV XVDUHOGHVWUXFWRUGHQRYLRV FXDQGRWXEURPHDVWRGDVODVYHFHVFXDQGRHOODULH WRFDDSURSyVLWRVXEUD]RDQFOD\NLQRXKRPEURR HVSDOGDEDMDFRQWXPDQRILUPHPHQWHQRWHQJDVPLHGRD WRFDUOD HVWRWHGDUiUHVSHWR\ODFRQGLFLRQDUDVFXDQGR TXLHUDV KDEODXQSRFRPDVFXHQWDPDVKLVWRULDVLQFOXVRSRGUiV XVDUXQRSHQHUDTXtDPDQHUDGHKLVWRULDWDPELpQSRGUiV FDOLEUDUVXVUHVSXHVWDV\SHUIHFFLRQDUORVRSHQHUVTXHQR XVDVWHHQHOOD MX]JDVXVUHDFFLRQHVFRQUHVSHFWRDWXVKLVWRULDV\YHULILFD HQTXHHVWDLQWHUHVDGD VLHOODSUHJXQWDVREUHWXH[QRYLDLJQRUDVXSUHJXQWD\ YHWHSRUODVUDPDVFXpQWDOHXQDKLVWRULDGHWXVDPLJRV VLHPSUHTXHEURPHHVQRROYLGHVSRQHUWXPDQRHQVX KRPEURHVSDOGDEDMDREUD]RDQFOD\NLQR KiEODOHGHODYH]TXHWXVDPLJDVWHLQYLWDURQDYHUXQD SHOtFXOD\UHVXOWRVLHQGRXQDSHOtFXODSRUQRKiEODOHGHTXH ORVURPDQFHVWHOpQRYHOHVFRVWHUPLQDQVLHPSUHEiVLFDPHQWH HQSRUQRJUDItDWXVDEHVFRPRFXDQGRFRQRFHQDOKRPEUH LGHDOVLHPSUHHOODKDOODUDXQDHVSHFLHGHFOLFNGHDWUDFWLYR \DTXHVRQFXHVWLRQHVIHPHQLQDV VHJXUDPHQWHKDEODUDVREUHVXH[QRYLRGpMDODSHUR FXDQGRHOODKDEOHVREUHVHQWLPLHQWRVHODERUDVREUHHOORVVL VRQEXHQRVFXDQWRWHJXVWDQVLVRQPDORVFXDQWRORV GHWHVWDV HVXQDIRUPDGHGHVWUXFWRUGHQRYLRV SUHJ~QWDOHVREUHFRPRTXLVLHUDTXHIXHUDXQDUHODFLyQR XQQRYLRSDUDTXHHVWRVVHDQHVSHFLDOHVFRPSDUDWXV DQWLJXDVSDODEUDVGHWUDQFHFRQVLJXHTXHORLPDJLQHHQHVWH PRPHQWRFXDQGRORGHVFULEDVHxiODWHGLVFUHWDPHQWHQRWDQ REYLRSRUIDYRU WHUPLQDODFRPLGDHOKHODGRHOFDIpORTXHVHDTXH HVWpQFRPLHQGR FXDQGRWXHVWpVKDEODQGRFRQHOODWRFDVXKRPEURFXDQGR UHVSRQGDUHFXHUGDTXHWLHQHXQDQFODGHUHtUVHDOOt SRGUtDV WDPELpQWRFDUVXSLHUQD
DPHQXGRHOTXHGRPLQDODLQWHUDFFLyQFDEHPHQFLRQDUTXHHOTXHGRPLQDQRHV HOTXHPDVKDEOD DSHVDUGHTXHSLHQVHVTXHQRHVXQEXHQWHPDDWRFDUFRQYLHQHKDFHUOR\DTXHDVt REWHQGUiVPXFKDLQIRUPDFLyQYDOLRVD WpFQLFDTXHVLUYHSDUDGHMDUIXHUDGHOtQHDDOQRYLRRLQFOXVRDXQSRVLEOHQRYLR WRGDDQFODNLQHVWHVLFDUHSUHVHQWDPD\RUNLQRHVFDODGD HOPXQGRVHPXHYHSRULQWHUpV-DFNWKH5LSSHU
Created by eDocPrinter PDF Pro!! [YLLL
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
Re
qu ire
Ad
v. Pa c
kL
ice
ns
e
SXHGHVKDFHUOHXQDOHFWXUDHQIULyRWDPELpQDSOLFDUOHXQ WHVWGHSHUVRQDOLGDG SXHGHVKDFHUXQFRPHQWDULRVREUHFRPRKDFHSDUD PDQWHQHUVXSLHOWDQOLVDVHJXURWHQGUiPXFKRGHTXHKDEODU KH\EXHQDLGHD SUHJXQWDVLVDEHFRFLQDURTXHVDEHFRFLQDUHVWRFODURVL QRORKD]XWLOL]DGRHQODHWDSDGH&XDOLILFDFLyQSRGUtDVHUYLUWH GHH[FXVDSDUOOHYDUODDWXFDVDUHPDUFDTXHRWURGtDSXHGHQ KDFHUORMXQWRVKH\TXHWHSDUHFHVLFRFLQDPRVMXQWRV EURPHD GXUDQWHHVWDSDUWHQRLQWHQWHVVHUFDEDOOHURVRWUiWDOD FRPRDXQDPLJRPiVFRQWXWRQRGHYR]FRQWXNLQR DIHFWXRVRMXJXHWyQWXHUHVHOSUHPLR\HOOD12 LQWHQWDKDFHUTXHSDJXHVXSURSLRFRQVXPRWXQRHUHVVX QRYLRSDUDSDJDUSRUORTXHHOODFRQVXPHSHURSRUVLDFDVR HOODHVWDKHFKDDODDQWLJXDOOHYDGLQHURH[WUDSRUTXHVHJXUR WHQGUiVTXHSDJDUORGHHOODWDPELpQUHFXHUGDHVWiQHQXQD FLWDGHDPLJRVQRHQXQDUHDO VLWRGRYDELHQKH\\DODEHVDVWH"LQYtWDODDWXFDVDFRQ MXHJRVGHLQYLWDFLyQSUHJ~QWDOHVL\DYLRWXFROHFFLyQGHFGV RGHSHOtFXODVTXHWXFDVDTXHGDFHUFDEODEODTXHWHQJD FXULRVLGDG VLDOJRIDOOD\QRHVWDOLVWDFRQWLQ~DFRQHOVLJXLHQWHSDVy
WpFQLFDTXHFRQVLVWHHQGHFLUWUXLVPRV\FRVDVVREUHVXSHUVRQDOLGDG XQDIDVHPDVDOWDGHODNLQRHVFDODGD
Created by eDocPrinter PDF Pro!!
[L[
qu ire
Ad
v. Pa c
kL
ice
ns
e
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
Re
Created by eDocPrinter PDF Pro!!
[[
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
Ad
v. Pa c
kL
ice
ns
e
5HFRQRFHHOWUDEDMRKHFKR (VWDSDUWHHVPDVELHQXQDUXWLQDSDUDSRGHUWHVWHDUVLHVWD OLVWDSDUDHOEHVRQRWHSUHRFXSHVVLIDOOD 5HFRQRFHUHOWUDEDMRKHFKRHVPX\LPSRUWDQWHSDUD EHVDUODSDUDOOHYDUODDGRQGHTXLHUHV VLWXQRORKDFHVHOOD SRGUtDHQIULDUVH\SRQHUVHPDOFXDQGRODOOHYHVDWXFDVD GHVSXpVGHFDPLQDUXQSRFRFXDQGR\DVDOLHURQGHOORFDO RIUpFHOHWXEUD]RDOHVWLOR)UDQFpVHVWRSDUDVHJXLUHVFDODQGR QRWDORV,', VLVHKDVHQWLGRELHQKDEODQGRFRQWLJRHQHOORFDOHOOD WRPDUDWXEUD]RVLQRORKDFHDSOLFDXQVKRFNGHSURQWR WDPELpQSRGUtDVSRQHUWHSDUDQRLFR\DOHMDUODGHWLSDUD GHVSXpVGHFLUOHVHULDPHQWHQRHQVHULRWRPDPLEUD]R LQWHQWDKDFHUTXHWHGHVXVPDQRVGHWHQWHHQDOJXQD SDUHG)iOFDWH\KD]XQJHVWRTXHGLJDGDPHWXVPDQRV VL WHODVGDHVWRHVXQ,',REVHUYDTXHWRGDVODVDFFLRQHVVRQ UHFLSURFDV6LORKDKHFKR\ORV,',KDQVLGRELHQFDOLEUDGRV HVKRUDGH.LVVFORVH YHDXQOXJDUVHJXURVLHOOXJDUGRQGHHVWDVWHSDUHFH VHJXURTXpGDWHSDUTXHFDOOHMyQHWF IiOFDWHRWUDYH]SLGH JHVWXDOPHQWHVXVPDQRVWHODVGD PtUDOHILMDPHQWHDORV RMRV\XWLOL]DODUXWLQDGHODVSUHJXQWDVEpVDOD TXHHOEHVRVHDFRUWRHVHOSULPHUROXHJRGLHVRHVWXYR PX\ELHQ\YHSRUPDV3ULPHURVROREHVDVXVODELRVGH HOODVHPSLH]DQFRQODOHQJXDSHUVRQDOPHQWHHVRQRPH JXVWDGHMDTXHHOODORKDJD PLHQWUDVODEHVDVSRGUiVHPSH]DUDWRFDUVXHVSDOGDEDMD KH\QRWDQUiSLGR VLWRGRYDELHQVDOWDHOSDVRVLJXLHQWHYHDOSDVR VLYDPDOFRQWLQXDFRQHOSDVRDEDMR
qu ire
DTXtPHUHILHURDOFDOLEUDMHSHURGHRWUDPDQHUD WpFQLFDTXHFRQVLVWHHQFDVWLJDUORVFRPSRUWDPLHQWRVTXHQRWHJXVWDQYDQGHVGHXQ SHTXHxRKXPPKDVWDXQQHJDRLQFOXVRXQDDJUHVLyQHPRFLRQDOVLHQGRHVWDXOWLPD PD\RUPHQWHXWLOL]DGDHQWpFQLFDVVRFLDOHVHQKRPEUHV FLHUUHGHEHVRHQLQJOHV RWDOYH]KDFHUXQDPLUDGDWULDQJXODUHVWDUXWLQDHVGH0\VWHU\VHEDVDHQKDFHUXQD VLPSOHSUHJXQWDTXHPDVELHQVXHQDFRPRRUGHQGHOHVWLORGHTXLHUHVEHVDUPHOD YHUHPRVDORODUJRGHHVWDJXtDHQUHSHWLGDVRFDVLRQHV
Re
Created by eDocPrinter PDF Pro!!
[[L
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
Re
qu ire
Ad
v. Pa c
kL
ice
ns
e
Created by eDocPrinter PDF Pro!!
[[LL
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
qu ire
Ad
v. Pa c
kL
ice
ns
e
&RQWLQXD 'HVSXpVGHKDEHUWHQLGRXQDJUDQSODWLFDWXDKRUDODWLHQHV DJDUUiQGRWHGHOEUD]RWRGRKDVLGRHVSRQWiQHR±DOPHQRV HOODORSLHQVDSHURUHFXHUGDTXHWRGRHVLQWHQFLRQDODKRUD WRPDVXPDQR FDPLQD\FXpQWDOHKLVWRULDVLQWHQWDTXHODVYLVXDOLFH HQDOJ~QSXQWRVXHOWDVXPDQREUXVFDPHQWHYHDOEDxRR DOJR DKRUDQRWRPHVVXPDQRPDQWHQODOHMRVSHURVLJXHOH FRQWDQGRKLVWRULDVVREUH DPRUDWUDFFLyQUHODFLRQHVH[FLWDFLyQHWF VLWRGRYDELHQSRGUtDVLQWHQWDUEHVDUODHQDOJ~QSDUTXH XWLOL]DDOJ~QSDWUyQGH31/ YHULILFDVLHVWDHQHOHVWDGRSDUDHOEHVRSXHGHVXVDUOD UXWLQDGHOSHORHQWRQFHVEpVDOD FDPLQDXQSRFRPiVVLHPSUHWRFDQGRVXHVSDOGDEDMD HVPRPHQWRGHTXHVHYD\D VLODKD]EHVDGRDQWHVGDOHXQOHQWR\WLHUQREHVRGH GHVSHGLGDVLQRORKD]KHFKRGDOHXQUiSLGREHVRHQORV ODELRV\GLOHJUDFLDVDVLGRDJUDGDEOHFRQRFHUWHKH\QDGDWH FXHVWDLQWHQWDUORUHFXHUGDTXH\DORKD]HFKDGRDSHUGHU YHFHVDQWHV SRVLEOHPHQWH\DQRTXLHUDLUVHVLHVWRSDVDGHEHUtDV OOHYDUODDWXFDVDFRQDOJXQDH[FXVDLQVLVWH UHFXHUGDTXHODPD\RUtDGHODVPXMHUHVQRVHDFRVWDUDQ FRQWLJRHQODSULPHUDFLWDQRVHDVWRQWRGHMDTXHWHUPLQH DKRUD SHURVLUHDOPHQWHSLHQVDVTXHHVHOGtDRWURJUDQ PRYLPLHQWRHVVRORGHFLUOHYDPRVHOODSUHJXQWDUiGRQGH OOpYDODDDOJ~QOXJDUDVRODV\QRUHVSRQGDV KH\UHFXHUGDTXHODOOHYDVDWXFDVDWHQH[FXVDVSDUDTXH HQWUHTXHYHDWXFROHFFLyQGHSHOtFXODVFGVYLQRVDOJXQD H[FXVDLQWHUHVDQWH VLQRHQWUDKD]XQDFLWDRWURGtDHQWX FDVDSDUDTXHODVYHD VRORQRIRUFHMHHVGLOHHVWDELHQOOiPDODHOPLVPRGtDR Pi[LPRGtDV KD]RWUDFLWDFRTXHWHDEpVDODNLQREODEODEOD
Re
UXWLQDDFUHGLWDGDD'DYLGGHDQJHORTXHFRQVLVWHHQKDFHUXQFRPHQWDULRVREUHVX SHORSDUDOXHJRXVDUODPLUDGDWULDQJXODU\FHUUDUFRQEHVR VLQRODOODPDVSURQWRVHJXURRWURFKLFRGHHVWHIRURORKDUi\GHVHJXURODOOHYHDO /DLGDQWHVTXHWX
Created by eDocPrinter PDF Pro!! [[LLL
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
Ad
Re
qu ire
v. Pa c
kL
ice
ns
e
Created by eDocPrinter PDF Pro!! [[LY
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
qu ire
Ad
v. Pa c
kL
ice
ns
e
OOHYiQGRODDORtQWLPR 'HILQLWLYDPHQWHHVWDORFDFLRQHVGLIHUHQWHD& M & FXDQGRWXHVWDVFRQHOODHQXQOXJDU&FRTXHWHDFRQHOOD LQWHQWDEHVDUODVLSXHGHVDQWHVWLHQHVTXHYHUVLGHEHV KDFHUOR HVWRHVLPSRUWDQWH\DTXHGHEHVORJUDUORDORODUJRGHOD LQWHUDFFLyQW~GHEHVKDFHUORWDQSURQWRSXHGDV GHVSXpVGHWRPDUVXPDQREUD]RHPSLH]DWRGRGHVGHHO SULQFLSLRODNLQRHVFDODGDDIHFWXRVDMXJXHWRQD WHQHQFXHQWD TXHHOODQRVHHQFXHQWUDHQHOPLVPRHVWDGRGHORWURGtD 3HURDOJRHVFLHUWRSRGUiVHVFDODUPDVUiSLGRDKRUDFXHQWD PDVKLVWRULDVPDQHMD\PXHYHVXVPDQRVDWX DQWRMRLQWHQWDEHVDUODPDVDVHUSRVLEOHDQWHVGHWHQHUODHQ WXFDVDDXWRKRWHOHWFHOODQRVHVHQWLUiPDOSHURGHDOJXQD PDQHUDVDEUiTXHHVORTXHHVORTXHYLHQH VLQRWDVDOJXQD UHVLVWHQFLDDWXQXHYDHVFDODGDXVDHOERG\URFNLQJRLQFOXVR HOVKRFN\HPSLH]DGHQXHYRHVWRSRUTXHVXVVHQWLPLHQWRV VRQGLIHUHQWHVDOGtDDQWHULRU LQWHQWDEHVDUODHQWRGRPRPHQWRSRVLEOHFODURTXHDGHFXH ODVFRQGLFLRQHVUHTXHULGDVGLFRVDVDOHVWLORWXTXLHUHV EHVDUPHRSRUTXHTXLHUHVEHVDUPH"VLUHVLVWHGLHVWX FRQGLFLRQDPLHQWRVRFLDOGHWRGDVPDQHUDVQRKDJRHVRHQOD VHJXQGDFLWD VHItVLFDPHQWHJHQWLOVLHOODUHVLVWHGHDOJXQD PDQHUDRUGHQDXQDSL]]DRDOJR\EXVFDHO/$,'GHVSXpV GHHVR KD]TXHVHVLHQWDV~SHUDVHUSRVLEOHFRQP~VLFDVXDYH GXOFHVLQFLHQVRRUGHQDXQDSL]]D YHXQDSHOtFXOD DSURYHFKDGHTXHHVWDVFHUFDGHHOOD\WHQPXFKRNLQRROYLGD VHQWDUWHHQXQDPHVD£QRSRGUiVWRFDUOD EpVDODWHQNLQREpVDODODUJDPHQWH SDUDHPSH]DUDEHVDUODPtUDODGLUHFWDPHQWHDORVRMRV\ SUHJ~QWDOHVLHVDOJXLHQURPiQWLFDRHOLQIDOLEOHTXLHUHV EHVDUPHVLGLFHQRUHDOPHQWHWLHQHVXQSUREOHPDUHWURFHGH KDVWDHOHVFDOyQGHODOLVWD&QRGLJDVQDGDVROREpVDODHQ ORVODELRVSHURTXHVHDQEHVRVPDVODUJRV\SURIXQGRV 2.\DSDVDVWH&YDPRVSRUPDV
Re
SDODEUDHQLQJOHVTXHVHXWLOL]DHQODFRPXQLGDGSDUDGHFLUPDVHVWLOL]DGDPHQWH VH[R
Created by eDocPrinter PDF Pro!!
[[Y
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
Re
qu ire
Ad
v. Pa c
kL
ice
ns
e
Created by eDocPrinter PDF Pro!! [[YL
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
Re
qu ire
Ad
v. Pa c
kL
ice
ns
e
HVFDODGDItVLFDVH[XDO . 6 QRKDEOHVVRORFRQWLQXDFRQORVEHVRV EpVDODDOHVWLORIUDQFpVVHJXQGRV PXHYHWXVODELRVKDFLDVXFXHOORRUHMDSDUWHVXSHULRUGH ORVSHFKRVWRGRORTXHHVWHVLQURSD VLJXHPRYLpQGRWHGHHVDPDQHUD VLDOJRYDPDOFRQWLQXDVLHQGRGLYHUWLGRFRTXHWRVLJXH EHViQGROD\QRWHSRQJDVQHUYLRVRVLSDVDDOJRUHWURFHGHDO HVFDOyQGH& DKRUDGHMDGHEHVDUOD\VRORKXpOHODSRUHOFXHOORRtGRV SHFKRV£QRODEHVHVVLHOODTXLHUHEHVDUWHGLQRWH DSUHVXUHV VLJXHROLpQGRODKDVWDTXHVHH[FLWHHQWRQFHVEpVDOD / 6 KDEUiPRPHQWRVHQTXHHOODSUHJXQWDUDSDUDHQIULDUOD VLWXDFLyQ¢PHTXLHUHVGHYHUGDG"MXHJDVFRQPLJREOD EODFRVDVFRPRHVDV 7XGHEHVQRWDUWHLQDIHFWDGRHQWRQFHVGLPLYLGDFDPELR GHVSXpVGHFRQRFHUWHFRPRDOJRH[WUDxRSHURPHVLHQWR GLIHUHQWHPHVLHQWRELHQHVH[WUDxRHVFRPRVLHOGHVWLQR IXHUDHOTXHQRVXQH\QRVRSRUWDUtDQRYROYHUWHD YHUHQWRQFHVYXHOYHDEHVDUOD EHVDORVOyEXORVGHVXVRUHMDVSRVLEOHPHQWHSRGUtDV PRUGHUORVVXDYHPHQWH\UiSLGDPHQWH SRGUiVHQWRQFHVEHVDUOD\WUDWDUGHSRQHUWXVPDQRVHQ VXVSHFKRVVLHOODUHWURFHGHRVHPXHYHFRQWLQXDEHViQGROD SHURTXLWDWXVPDQRVGHDOOt\SRQODVHQRWURODGRVXHVSDOGD SRUHMHPSOR EHVDSHURHVWDYHVLQWHQWDPRYHUWXVPDQRVSRUWRGRVX FXHUSRWHVWHDVXUHVLVWHQFLDDOJXQDVUHVLVWHQFLDVPtQLPDV VRQQRUPDOHVLJQyUDODV DKRUDLQWHQWDWRFDUVXVSLHUQDVQRWDUDVTXHVHH[LWDPDV \PDV DKRUDTXHWHDGHMDGRWRFDUVXSLHUQDVSRUFRPSOHWR SRGUtDVLQWHQWDUPHWHUWXPDQRHQVXVSDQWDORQHVSDUD HVWLPXODUODXQSRFRPDV VLHOODVHH[FLWDORHVWDVKDFLHQGRELHQ HQHVWHSXQWRLQWHQWDTXLWDUOHORVSDQWDORQHVQROH SUHJXQWHVKD]ORPXpYHWHDOULWPRGHODP~VLFD QROHSUHJXQWHVDOPRPHQWRGHWRFDUODRKDFHUHOODLG GHMDTXHVLHQWDWRGRGLUHFWDPHQWH LJQRUDWRGRODTXHGLFHLQWHQWDUDKDFHUXVRGHOD580 VRORGLHVWRHVWDELHQRGLQRGHEHUtDPRVKDFHUHVWRSHUR FRQWLQXDPDVDJUHVLYDPHQWHVHJXUDPHQWHHOODQRTXLHUH WHQHUUHODFLRQHVDKRUD\EODEODQRKDJDVFDVRDORTXHGLFH SHURVLDORTXHVXOHQJXDMHQRYHUEDOGLFHHVRQRPLHQWHVX OHQJXDMHFRUSRUDOGLFHWyPDPHRWDOYH]QRWLHQHVRSFLyQ
580RUHVLVWHQFLDDOXOWLPRPLQXWR
Created by eDocPrinter PDF Pro!! [[YLL
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
e
WRGDPXMHUHVGLIHUHQWH\~QLFDVRORWLHQHVTXHEXVFDUHO FDPLQR 0 6 XVDSUHVHUYDWLYR£QRORROYLGHV
v. Pa c
kL
ice
ns
)XHQWHJUDILFD³PDQXDOGHOVHGXFWRU´
Re
qu ire
Ad
'HEHVSURWHJHUWHGHODVHQIHUPHGDGHVVH[XDOHVQRTXHUHPRVXQVHGXFWRUVHGRVR
Created by eDocPrinter PDF Pro!![[YLLL
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
qu ire
Ad
v. Pa c
kL
ice
ns
e
Re
Created by eDocPrinter PDF Pro!! [[L[
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
Re
qu ire
Ad
v. Pa c
kL
ice
ns
e
DSXQWHV $VtHVFRPRVHKDFHODPD\RUtDGHORVKRPEUHVQRORVDEH VLS«HOGHHOORV ¢&RQVHJXLVWHOOHJDUDO)FORVH"HVFULEHXQ/$,'5(3257DOD FRPXQLGDGHQHOIRURHQODSDUWHUHSRUWHVGHOD]RQDGH EDWDOOD $OOtGLVFXWLUHPRVORVSRUPHQRUHVGHWXXVRGHHVWHPRGHOR KD]ORDFXDOTXLHUDGHHVWRVIRURV KWWSZZZIRURGHOHYDQWHFRP KWWSZZZWRGRVHGXFFLRQFRP]RQDIRUR DOJRTXHGHEHVDQDOL]DU x (OKRPEUHGHEHKDFHUWRGRVORVPRYLPLHQWRVVLHPSUH QXQFDHVSHUHVTXHODPXMHUORKDJDDPHQRVTXHHOOD HVWHGHVHVSHUDGDQXQFDORKDUi HVRHVH[WUHPDGDPHQWH UDURHQFDVRGHTXHHOODWHTXLHUDSHURWXQRKDJDVORV PRYLPLHQWRVHOODSHQVDUDTXHQRHVWDVLQWHUHVDGRHQ HOOD\SDVDUIXHUDGHWLFRPRVHDWHWLOGDUDGHDPLJR\ WXKDEUiVSHUGLGRWXWLHPSRQRLQWHQWHVKDFHUTXHVHD WXQRYLDVLHVTXHQRODEHVDVWHDXQ\PHMRUDXQTXHQR VHDWXQRYLD\EpVDODFXDQGRTXLHUDV x 3RUDOJXQDUD]yQFXDQGRODVSHUVRQDVVHSRQHQGH QRYLRVODVFKLFDVHPSLH]DQFRQODSROtWLFDGHKD]OR HVSHUDU x 3XHGHTXHHQDOJ~QPRPHQWRWHSDVHVFRQHONLQR\ DFWLYHVHOIDFWRUIXODQDQRWHSUHRFXSHVFRQWLQXDKDVWD TXHGLJDTXHQR x 1RVHDVDPLJRQLQRYLRQLQJXQRGHORVGRVQXQFDWX HUHVXQ38$QRHUHVQLQJXQR x 6LHOODTXLHUHVHUWXQRYLDHVVXSUREOHPDQRHOWX\R x 6HFXLGDGRVRFRQORVVHQWLPLHQWRV x 6HXQFKLFRDOIDPDORSHURPDOGLFLyQPHFDQVRGH GHFLUORPRUDOPHQWH\pWLFDPHQWH x VHFXLGDGRVRFRQHOWHPDGHODV(76 1RWDHVWRIXQFLRQD3HUR\RPHDEVXHOYRGHWRGDOD UHVSRQVDELOLGDGGHWXVDFWRVGHVSXpVGHXVDU HVWDJXtD8VDUHVWDJXtDHVWXGHFLVLyQ(QWRGR FDVRTXLHURTXHVHSDVTXHHVWDJXtDHV H[SHULPHQWDO 'HDFXHUGRDODUWtFXORGHODOH\LQWHUQDFLRQDO GHDXWRUtDTXHGDGHOHJDGDODUHVSRQVDELOLGDGGHO XVRGHHVWHPDWHULDODOOHFWRU
Created by eDocPrinter PDF Pro!!
[[[
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
Ad
v. Pa c
kL
ice
ns
e
FRQFOXVLyQ <$OJXQRVSUHJXQWDUDQ ¢0$6785%$&,210(17$/" <\RGLUp 7DOYH]«SHURHVRGHSHQGHGHTXLHQOHHSXHVODSUDFWLFD GLIHUHQFLDWRGRUHVXOWDGR ¢$OJXQDTXHMD" +(<7(/2',-(1262<81*8582(;3(5720DHVWUR(1 6('8&&,21 6,7,(1(6$/*81$'8'$\6LTXLHUHVGHMDUPHDOJ~Q FRPHQWDULRKD]ORWDPELpQDPLFRUUHRHQYtDPHXQPHQVDMH SULYDGRRGHMDWXFRPHQWDULRHQHOOXJDUGRQGHGHVFDUJDVWH HVWDJXtD $OHBQHRKRWPDLOFRP 6DOXGRVDOOtDIXHUD 7HQJDQFRUDMH\VHDQLPSODFDEOHV
qu ire
Re
8QYLHMRVDUJHR
Created by eDocPrinter PDF Pro!! [[[L
Buy Now to Create PDF without Trial Watermark!! 'LQDPLDVHGXFWLYDQHR
v. Pa c
kL
ice
ns
e
%LEOLRJUDItD (VEDVWDQWHH[WHQVDWHGLMHTXHLQWHJUHPXFKRVPpWRGRVGH WRGDVPDQHUDVDOOtYDQORVOLEURVPDVLPSRUWDQWHV 'HSHUGHGRUDVHGXFWRU-DFNWKH5LSSHU 0XVHPHWKRG3HUU\EDUQHV 7KH$UW2I$SSURDFKLQJ:RPHQ7KXQGHUFDW 7KH0\VWHU\(ULFNYRQ0DUNRYLN VHFRQGVHGXFWLRQ/L]/DUVHQ *UHDWWLSVIRUGDWLQJVXFFHVV'5GDWLQJ 6HGXFFLyQQHXUROLQJXLVWLFD&DUORVUXHGD 0HWRGR-XJJOHU:D\QH(OLVH 0HWRGR*XQZLFK\5REHUW5\DQ 'REODWXVFLWDV'DYLG'H$QJHOR 0DQXDOGHOVHGXFWRU(VWHIDQtD9DUJDV7ULJXHUR(VWUHOOD 5RGHQDV*DUFtD0DFDUHQD'tD]*UDFLD5RFtR*RQ]iOH] ,ULEDUUHQVLWRGDVFKLFDV- +D\PDVOLEURV«SHURORVGHMRDWXLQILQLWDLPDJLQDFLyQ
Ad
5HFRQRFLPLHQWRVHVSHFLDOHV $ORVPDHVWURV-XOLR*DOiQ±0DQLDF'UHDP\DORV 38$V;;*0DWLB'XLOLRVH[)D]\VLHPSUH.HQER\ &XDQGRDSUHQGHUiV «DTXLHQHVFRQVLGHURPLVPHMRUHV DPLJRV
³(VDVRPEURVRFRPSUREDUFRPRVHSDUHFHQODHVWUXFW~UDGHODPRU\ODORFXUD´
Re
qu ire
Created by eDocPrinter PDF Pro!! [[[LL