Home Improvement Contract Template Sample Free.pdf+RPH,PSURYHPHQW&RQWUDFW
7KLVDJUHHPHQWLVPDGHRQWKHGDWHZULWWHQDERYHRXUVLJQDWXUHVEHWZHHQ
&RQWUDFWRU1DPHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB&RQWUDFWRUDQG
2ZQHU1DPHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB2ZQHU
$Q\1RWLFHRI&DQFHOODWLRQFDQEHVHQWWRWKLVDGGUHVV
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
2ZQHU
'DWHWKLVFRQWUDFWZDVVLJQHGE\2ZQHUBBBBBBBBBBBB
<RXDUHHQWLWOHGWRDFRPSOHWHO\ILOOHGLQFRS\RIWKLVDJUHHPHQWVLJQHGE\ERWK\RXDQGWKH FRQWUDFWRUEHIRUHDQ\ZRUNPD\EHVWDUWHG
7KH&RQVWUXFWLRQ6LWH $GGUHVVBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVVBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB &LW\BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB&DOLIRUQLD=LSBBBBBBBBB
&$+RPH5HSDLU, 3DJH
&$+RPH5HSDLU, 3DJH
, 'HVFULSWLRQRIWKH3URMHFWDQG'HVFULSWLRQRIWKH6LJQLILFDQW0DWHULDOVWREH8VHGDQG (TXLSPHQWWREH,QVWDOOHG
$)RUDSULFHLGHQWLILHGEHORZ&RQWUDFWRUDJUHHVWRFRPSOHWHKRPHLPSURYHPHQWVLGHQWLILHGDVWKH 3URMHFWLQWKLVDJUHHPHQWIRU2ZQHU
%'HVFULSWLRQRIWKHZRUNPDWHULDOVDQGHTXLSPHQWWREHLQVWDOOHG BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
,, &RQWUDFW3ULFH
$,QDGGLWLRQWRDQ\RWKHUFKDUJHVVSHFLILHGLQWKLVDJUHHPHQW2ZQHUDJUHHVWRSD\&RQWUDFWRU BBBBBBBBBBBBBBBBBIRUFRPSOHWLQJWKH:RUNGHVFULEHGDVWKH3URMHFW
,,, $SSUR[LPDWH6WDUW'DWH
$:RUNXQGHUWKLVDJUHHPHQWZLOOEHJLQDQ\WLPHDIWHUWKLVFRQWUDFWLVVLJQHGE\&RQWUDFWRUDQG 2ZQHU
%7KH3URMHFWZLOOEHFRQVLGHUHGVXEVWDQWLDOO\FRPPHQFHGZKHQWRROVDQGPDWHULDOVDUULYHDWWKH-RE 6LWH
,9 $SSUR[LPDWH&RPSOHWLRQ'DWH
$:RUNXQGHUWKLVDJUHHPHQWZLOOEH6XEVWDQWLDOO\&RPSOHWHRQRUEHIRUHBBBBBBBBBBBB
9 /LVWRI'RFXPHQWV,QFRUSRUDWHGLQWRWKLV&RQWUDFW
$7KH*ORVVDU\RI7HUPVZKLFKIROORZVRXUVLJQDWXUHVLVLQFRUSRUDWHGLQWRWKLVFRQWUDFWDVWKRXJK LQFOXGHGLQIXOODVSDUWRIWKLVDJUHHPHQW
%7KLVDJUHHPHQWLQFRUSRUDWHVE\UHIHUHQFHFHUWDLQGLVFORVXUHVDQGQRWLFHVUHTXLUHGE\IHGHUDODQG VWDWHODZ7KHIROORZLQJGRFXPHQWVDUHLQFRUSRUDWHGDVWKRXJKLQFOXGHGLQIXOODVSDUWRIWKLVDJUHHPHQW ,QIRUPDWLRQDERXW&RPPHUFLDO*HQHUDO/LDELOLW\,QVXUDQFH &KHFNOLVWIRU+RPHRZQHUV &DOLIRUQLD+RPH,PSURYHPHQW&RQWUDFW&KDQJH2UGHU)RUP 1RWLFHRI7KUHH'D\5LJKWWR&DQFHO 1RWLFHRI&DQFHOODWLRQLQGXSOLFDWH 1RWLFHRI5LJKWWR&DQFHO8QGHU5HJXODWLRQ=LQGXSOLFDWH
9, 6FRSHRI:RUN
$&RQWUDFWRUVKDOOVXSHUYLVHDQGGLUHFWWKH:RUNDQGDFFHSWVUHVSRQVLELOLW\IRUFRQVWUXFWLRQPHDQV PHWKRGVWHFKQLTXHVVHTXHQFHVDQGSURFHGXUHVUHTXLUHGWRFRPSOHWHWKH3URMHFWLQFRPSOLDQFHZLWKWKH &RQWUDFW'RFXPHQWV
9,, &XWWLQJDQG3DWFKLQJ
$7KHFRORUWH[WXUHDQGSODQHVEHWZHHQH[LVWLQJDQGQHZPDWHULDOVPLJKWQRWPDWFKH[DFWO\ &RQWUDFWRUZLOOXVHGXHGLOLJHQFHWRFUHDWHWKHEHVWPDWFKSRVVLEOH2ZQHUDFNQRZOHGJHVWKDWSDWFKHG VXUIDFHVPD\EHGHWHFWDEOHZKHQFRQVWUXFWLRQLVFRPSOHWH
9,,, &RPSOLDQFHZLWK/DZ
$&RQWUDFWRUDQG2ZQHUPXWXDOO\FRPPLWWRXVHUHDVRQDEOHFDUHWRPHHWWKH5HTXLUHPHQWVRIVWDWH IHGHUDODQGORFDO/DZZKHQGLVFKDUJLQJWKHLUUHVSRQVLELOLWLHVXQGHUWKLVDJUHHPHQW
,; 2ZQHU V5HVSRQVLELOLWLHV
$2ZQHUVKDOOKDYHVROHUHVSRQVLELOLW\WRVHFXUHILQDQFLQJIRUWKH3URMHFWDQGVKDOOSD\DOOIHHV FKDUJHVRURWKHUFRVWVRIVXFKILQDQFLQJLQFOXGLQJ,QVSHFWLRQIHHVFKDUJHGE\DQ\OHQGHU7KH QRQSHUIRUPDQFHRIDQ\OHQGHUVKDOOQRWDIIHFWWKHREOLJDWLRQRI2ZQHUWR&RQWUDFWRU2ZQHUKHUHE\ DXWKRUL]HVDQGGLUHFWVDQ\OHQGHURQWKH3URMHFWWRIXUQLVK&RQWUDFWRUZLWKIXOOLQIRUPDWLRQRQXQGLVEXUVHG ORDQSURFHHGVZKHQUHTXHVWHGE\&RQWUDFWRU
%2ZQHUZLOOQRWLQWHUIHUHZLWKRUSHUPLWRWKHUVWRLQWHUIHUHZLWKVWRSKLQGHURUGHOD\FRPSOHWLRQRI WKH:RUNE\&RQWUDFWRURU6XEFRQWUDFWRUVH[FHSWDVSURYLGHGXQGHUWKLVDJUHHPHQW
; 5HSUHVHQWDWLRQVE\&RQWUDFWRU
$2ZQHUKDVUHSRUWHGWR&RQWUDFWRUDOOFRQGLWLRQVNQRZQWR2ZQHUZKLFKPD\QRWEHDSSDUHQWWR &RQWUDFWRUDQGZKLFKPLJKWVLJQLILFDQWO\LQFUHDVHFRVWRIWKH:RUNRUGHOD\FRPSOHWLRQ7KHVHFRQFHDOHG FRQGLWLRQVLQFOXGHEXWDUHQRWOLPLWHGWRKD]DUGVRQWKH-RE6LWHXQVXLWDEOHVRLOFRQGLWLRQVSULRU 'HIHFWLYH:RUNRIRWKHUVODWHQW'HIHFWVLQWKH3ODQVRU6SHFLILFDWLRQVHDUOLHUDWWHPSWVWRGR6LPLODURU UHODWHG:RUNDQGREOLJDWLRQVLPSRVHGE\JRYHUQPHQW
;, 'LVFODLPHUE\2ZQHU5HOLDQFHE\&RQWUDFWRU
$2ZQHUKDVSURYLGHG&RQWUDFWRUZLWKLQIRUPDWLRQRQVXEVXUIDFHRUFRQFHDOHGFRQGLWLRQVDWWKH-RE 6LWH([FHSWWRWKHH[WHQWWKDW&RQWUDFWRUNQRZVWKLVLQIRUPDWLRQWREHIDOVH&RQWUDFWRULVHQWLWOHGWRUHO\ RQWKHDFFXUDF\RIWKLVLQIRUPDWLRQ
;,, 3D\PHQW3ODQ
$2ZQHUZLOOSD\WR&RQWUDFWRUWKH&RQWUDFW3ULFHLQLQVWDOOPHQWVDQLQLWLDOSD\PHQWDQGDILQDO SD\PHQWRQFRPSOHWLRQRIWKH:RUN
;,,, 'RZQSD\PHQW
$7KHGRZQSD\PHQWLVBBBBBBBBBBBBBBBBBBBBB 7+('2:13$<0(170$<127(;&(('253(5&(172)7+(&2175$&7 35,&(:+,&+(9(5,6/(66
%8SRQH[HFXWLRQRIWKLVDJUHHPHQW2ZQHUVKDOOSD\WR&RQWUDFWRUBBBBBBBBBBBBBBBBBBBDVDQ DGYDQFHRQWKH&RQWUDFW3ULFH
&([FHSWDVRWKHUZLVHSURYLGHGLQWKLVDJUHHPHQW&RQWUDFWRUPD\UHWDLQBBBBBBBBBBBBBBBBBBIURP WKHLQLWLDOSD\PHQWDVDQRQUHIXQGDEOHGHSRVLWLIWKLVFRQWUDFWLVWHUPLQDWHGIRUDQ\UHDVRQRWKHUWKDQ GHIDXOWE\&RQWUDFWRU
;,9 ,QWHUHVW
$3D\PHQWVGXHDQGQRWSDLGXQGHUWKH&RQWUDFW'RFXPHQWVVKDOOEHDULQWHUHVWIURPWKHGDWHSD\PHQW LVGXHDWDPRQWKO\UDWHRIBBBBBBBBSHUFHQW
%:KHQSD\PHQWLVZLWKKHOGSHQGLQJVHWWOHPHQWRIDERQDILGHGLVSXWHRQWKHTXDQWLW\TXDOLW\RU WLPHOLQHVVRIWKH:RUNLQWHUHVWVKDOODFFUXHRQO\RQWKHDPRXQWXOWLPDWHO\SDLG
&3D\PHQWRILQWHUHVWGRHVQRWDEURJDWHRUUHSODFHDQ\RWKHUULJKWV&RQWUDFWRUPD\KDYHXQGHUWKLV
&$+RPH5HSDLU, 3DJH
&$+RPH5HSDLU,3DJH
0HFKDQLFV /LHQ:DUQLQJ
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
1RWLFHUHTXLUHGE\&DOLIRUQLD%XVLQHVVDQG3URIHVVLRQV&RGHF :KHQSD\PHQWLVPDGHIRUDQ\SRUWLRQRIWKHZRUNSHUIRUPHG&RQWUDFWRUVKDOOSULRUWRDQ\IXUWKHU SD\PHQWEHLQJPDGHIXUQLVKWR2ZQHUDIXOODQGXQFRQGLWLRQDOUHOHDVHIURPDQ\FODLPRUPHFKDQLFV OLHQ SXUVXDQWWRRIWKH&LYLO&RGHIRUWKDWSRUWLRQRIWKHZRUNIRUZKLFKSD\PHQWKDVEHHQPDGH
;9, )LQDO3D\PHQW
$&RQWUDFWRUZLOOVXEPLWDQDSSOLFDWLRQIRUILQDOSD\PHQWWR2ZQHUZKHQWKH:RUNKDVEHHQ FRPSOHWHGLQFRPSOLDQFHZLWKWKH&RQWUDFW'RFXPHQWV,I2ZQHUDJUHHVWKDW:RUNKDVEHHQFRPSOHWHG SD\PHQWLVGXH&RQWUDFWRUIRUWKHHQWLUHXQSDLGEDODQFHRIWKHFRQWUDFWDPRXQWLQFOXGLQJDQ\5HWDLQDJH
%0DNLQJRIILQDOSD\PHQWFRQVWLWXWHVZDLYHURIDOO&ODLPVE\2ZQHUDJDLQVW&RQWUDFWRUH[FHSWWKRVH &ODLPVSUHYLRXVO\PDGHLQZULWLQJDQGGHOLYHUHGWR&RQWUDFWRUDQGWKRVHREOLJDWLRQVRWKHUZLVHSURYLGHG E\WKLVDJUHHPHQWRUE\RSHUDWLRQRI/DZ
&,IFRPSOHWLRQRIWKH:RUNLVGHOD\HGXQUHDVRQDEO\DWQRIDXOWRI&RQWUDFWRU&RQWUDFWRUVKDOOEH HQWLWOHGWRILQDOSD\PHQWIRUDOO:RUNFRPSOHWHGLQFOXGLQJ5HWDLQDJHZLWKRXWSUHMXGLFHWRWKHULJKWRI &RQWUDFWRUWRFRPSOHWHWKH3URMHFWDWDODWHUGDWHDQGZLWKRXWSUHMXGLFHWRWKHULJKWRI2ZQHUWRPDNH &ODLPVDJDLQVW&RQWUDFWRUIRU'HIHFWVLQ:RUNFRPSOHWHG
;9,, &KDQJHVLQWKH:RUN
$&RQWUDFWRULVDXWKRUL]HGWRPDNHPLQRUFKDQJHVLQWKH:RUNZKLFKDUHLQWKHLQWHUHVWRI2ZQHUGR QRWPDWHULDOO\DOWHUWKHTXDOLW\RUSHUIRUPDQFHRIWKH:RUNDQGGRQRWDIIHFWWKHFRVWRUWLPHRI SHUIRUPDQFHDQGFRPSO\ZLWKDSSOLFDEOH/DZVFRGHVRUGLQDQFHVDQGUHJXODWLRQV&RQWUDFWRUZLOOLQIRUP 2ZQHURIHDFKPLQRUFKDQJHPDGHLQWKH:RUN
1RWH$ERXW([WUD:RUNDQG&KDQJH2UGHUV
([WUD:RUNDQG&KDQJH2UGHUVEHFRPHSDUWRIWKHFRQWUDFWRQFHWKHRUGHULVSUHSDUHGLQZULWLQJDQG VLJQHGE\WKH3DUWLHVSULRUWRFRPPHQFHPHQWRIDQ\:RUNFRYHUHGE\WKHQHZ&KDQJH2UGHU7KHRUGHU PXVWGHVFULEHWKHVFRSHRIWKH([WUD:RUNRUFKDQJHWKHFRVWWREHDGGHGRUVXEWUDFWHGIURPWKHFRQWUDFW DQGWKHHIIHFWWKHRUGHUZLOOKDYHRQWKHVFKHGXOHRISURJUHVVSD\PHQWV
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
;9,,, &RQWUDFWRU&ODLPV
$,I&RQWUDFWRUFODLPVWKDWDQ\LQVWUXFWLRQ'UDZLQJDFWRURPLVVLRQRI2ZQHURUDQ\UHSUHVHQWDWLYHRI 2ZQHURUDQ\DJHQF\RIJRYHUQPHQWLQFUHDVHVFRVWVWR&RQWUDFWRUUHTXLUHVH[WUDWLPHRUFKDQJHVWKH 6FRSHRI:RUN&RQWUDFWRUVKDOOKDYHWKHULJKWWRDVVHUWD&ODLPIRUVXFKFRVWVRUWLPH
;,; $UELWUDWLRQ
$$Q\FRQWURYHUV\RU&ODLPDULVLQJRXWRIRUUHODWLQJWRWKLVFRQWUDFWRUFRQWUDFWZDUUDQW\RUWKHEUHDFK WKHUHRIZKLFKFDQQRWEHUHVROYHGE\PHGLDWLRQVVKDOOEHVHWWOHGE\DUELWUDWLRQDGPLQLVWHUHGE\WKH $PHULFDQ$UELWUDWLRQ$VVRFLDWLRQXQGHULWV&RQVWUXFWLRQ,QGXVWU\$UELWUDWLRQ5XOHVDQGMXGJPHQWRQWKH DZDUGUHQGHUHGE\WKHDUELWUDWRUVPD\EHHQWHUHGLQDQ\FRXUWKDYLQJMXULVGLFWLRQWKHUHRI
%$Q\WKLQJLQWKLVFRQWUDFWQRWZLWKVWDQGLQJDQ\&ODLPDULVLQJRXWRIRUUHODWLQJWRWKH&RQWUDFW 'RFXPHQWVRUZDUUDQW\RUWKHEUHDFKWKHUHRIPD\DWWKHRSWLRQRIWKH&ODLPDQWEHILOHGLQDQ\6PDOO &ODLPV&RXUWKDYLQJMXULVGLFWLRQLQOLHXRIDQDUELWUDWLRQSURFHHGLQJ
;; ,QVXUDQFH
$ *HQHUDO5HTXLUHPHQWV
&RQWUDFWRUVKDOOFDUU\ZRUNHUV FRPSHQVDWLRQLQVXUDQFHDQGSXEOLFOLDELOLW\LQVXUDQFHDVUHTXLUHGE\ /DZDQGUHJXODWLRQIRUWKHSURWHFWLRQRI&RQWUDFWRUDQG2ZQHUGXULQJSURJUHVVRIWKH:RUN
&$+RPH5HSDLU, 3DJH
&$+RPH5HSDLU,3DJH
&RQWUDFWRULVVHOILQVXUHG$QRWLFHFRQFHUQLQJFRPPHUFLDOOLDELOLW\LQVXUDQFHLVDWWDFKHGWRWKLV FRQWUDFW
& :RUNHU V&RPSHQVDWLRQ,QVXUDQFH
&RQWUDFWRUKDVQRHPSOR\HHVDQGLVH[HPSWIURPZRUNHUV FRPSHQVDWLRQUHJXODWLRQV
;;,,QIRUPDWLRQDERXWWKH&RQWUDFWRUV 6WDWH/LFHQVH%RDUG&6/%
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
6LJQDWXUHV
7KLVFRQWUDFWLVIRULPPHGLDWHDFFHSWDQFH$Q\GHOD\LQDFFHSWDQFHEH\RQGBBBBBBBBBBBBBBBZLOO UHTXLUHUHQHJRWLDWLRQRIWKHWHUPVRIWKLVDJUHHPHQW
2:1(5+$67+(5,*+7725(48(67$3(5)250$1&($1'3$<0(17%21'217+( 352-(&7:+,&+(1685(67+(352-(&7:,//%(&203/(7('$&&25',1*727+,6 $*5((0(17$1'7+$7/,(16217+,6-2%$5(',6&+$5*(',15(7851)253$<0(17 ,1)8//%<2:1(5
<RXDUHHQWLWOHGWRDFRPSOHWHO\ILOOHGLQFRS\RIWKLVDJUHHPHQWVLJQHGE\ERWK\RXDQGWKH FRQWUDFWRUEHIRUHDQ\ZRUNPD\EHVWDUWHG
7KHODZUHTXLUHVWKDWWKHFRQWUDFWRUJLYH\RXDQRWLFHH[SODLQLQJ\RXUULJKWWRFDQFHO,QLWLDOWKH FKHFNER[LIWKHFRQWUDFWRUKDVJLYHQ\RXDQRWLFHRI7KUHH'D\5LJKWWR&DQFHO
2ZQHU V,QLWLDOVBBBBBBBBBBBBBBBB2ZQHU V,QLWLDOVBBBBBBBBBBBBBBBB
7KLVDJUHHPHQWLVHQWHUHGLQWRDVRIWKHGDWHZULWWHQEHORZ
2ZQHU1DPHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB2ZQHU
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 3ULQWHG1DPH
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 3ULQWHG1DPH
&$+RPH5HSDLU, 3DJH
&KHFNOLVWIRU+RPHRZQHUV
&KHFN2XWWKH&RQWUDFWRU
>@'LG\RXFRQWDFWWKH&RQWUDFWRUV6WDWH/LFHQVH%RDUG&6/%WRFKHFNWKHVWDWXVRIWKHFRQWUDFWRU V OLFHQVH" &RQWDFWWKH&6/%DW&6/%RUYLVLWRXUZHEVLWHZZZFVOEFDJRY >@'LG\RXJHWDWOHDVWORFDOUHIHUHQFHVIURPWKHFRQWUDFWRUV\RXDUHFRQVLGHULQJ" 'LG\RXFDOOWKHP" >@%XLOGLQJ3HUPLWVZLOOWKHFRQWUDFWRUJHWDSHUPLWEHIRUHWKHZRUNVWDUWV"
&KHFN2XWWKH&RQWUDFW
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
&$+RPH5HSDLU,3DJH
,QIRUPDWLRQDERXW&RPPHUFLDO*HQHUDO/LDELOLW\,QVXUDQFH
>@'LG\RXUFRQWUDFWRUWHOO\RXZKHWKHUKHRUVKHFDUULHV&RPPHUFLDO*HQHUDO/LDELOLW\,QVXUDQFH"
+RPHLPSURYHPHQWFRQWUDFWRUVDUHUHTXLUHGE\ODZWRWHOO\RXZKHWKHURUQRWWKH\FDUU\&RPPHUFLDO *HQHUDO/LDELOLW\,QVXUDQFH7KLVZULWWHQVWDWHPHQWPXVWDFFRPSDQ\WKHELGLIWKHUHLVRQHDQGWKH FRQWUDFW
>@,VWKLVLQVXUDQFHUHTXLUHG"
1R%XWWKH&RQWUDFWRUV6WDWH/LFHQVH%RDUGVWURQJO\UHFRPPHQGVWKDWDOOFRQWUDFWRUVFDUU\LW7KH%RDUG FDXWLRQV\RXWRHYDOXDWHWKHULVNWR\RXUIDPLO\DQGSURSHUW\ZKHQ\RXKLUHDFRQWUDFWRUZKRLVQRW LQVXUHG$VN\RXUVHOILIVRPHWKLQJZHQWZURQJZRXOGWKLVFRQWUDFWRUEHDEOHWRFRYHUORVVHVRUGLQDULO\ FRYHUHGE\LQVXUDQFH"
>@+RZFDQ\RXPDNHVXUHWKHFRQWUDFWRULVLQVXUHG"
,IKHRUVKHLVLQVXUHGWKHFRQWUDFWRULVUHTXLUHGE\ODZWRSURYLGH\RXZLWKWKHQDPHDQGWHOHSKRQH QXPEHURIWKHLQVXUDQFHFRPSDQ\&KHFNZLWKWKHLQVXUDQFHFRPSDQ\WRYHULI\WKDWWKHFRQWUDFWRU V LQVXUDQFHFRYHUDJHZLOOFRYHU\RXUSURMHFW
>@:KDWDERXWDFRQWUDFWRUZKRLVVHOILQVXUHG"
$VHOILQVXUHGFRQWUDFWRUKDVPDGHDEXVLQHVVGHFLVLRQWREHSHUVRQDOO\UHVSRQVLEOHIRUORVVHVWKDWZRXOG RUGLQDULO\EHFRYHUHGE\LQVXUDQFH%HIRUHFRQWUDFWLQJZLWKDVHOILQVXUHGFRQWUDFWRUDVN\RXUVHOILI VRPHWKLQJZHQWZURQJZRXOGWKLVFRQWUDFWRUEHDEOHWRFRYHUORVVHVWKDWVKRXOGEHFRYHUHGE\LQVXUDQFH" &RQWUDFWRULVVHOILQVXUHG
)RUPRUHLQIRUPDWLRQDERXW&RPPHUFLDO*HQHUDO/LDELOLW\,QVXUDQFHFRQWDFWWKH&RQWUDFWRUV6WDWH /LFHQVH%RDUGDWZZZFVOEFDJRYRUFDOO&6/%
&$+RPH5HSDLU, 3DJH
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
&RQWUDFWRU1DPHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBDJUHHWKDWWKHFRQWUDFWGDWHG'DWH BBBBBBBBBBBBLVLQFRUSRUDWHGE\UHIHUHQFHLQLWVHQWLUHW\LQWRWKLV&DOLIRUQLD+RPH,PSURYHPHQW &KDQJH2UGHUDQGLVFKDQJHGDVGHVFULEHGEHORZ 'HVFULSWLRQRIWKH&KDQJHDQG'HVFULSWLRQRIWKH6LJQLILFDQW0DWHULDOVWREH8VHGDQG(TXLSPHQWWR EH,QVWDOOHG8QGHUWKLV&KDQJH BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB >B@7KLVFKDQJHDGGVWKHIROORZLQJDPRXQWWRWKH&RQWUDFW3ULFHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB >B@7KLVFKDQJHUHGXFHVWKH&RQWUDFW3ULFHE\WKHIROORZLQJDPRXQWBBBBBBBBBBBBBBBBBBBBBBBBBBBB >B@)LQDQFHFKDUJHLIDQ\WKDWUHVXOWVIURPWKLVFKDQJHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB >B@(IIHFWWKLVRUGHUZLOOKDYHRQWKH6FKHGXOHRI3URJUHVV3D\PHQWVBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 3D\PHQWVGXHXQGHUWKLVDJUHHPHQWDUHKHUHE\DGMXVWHGWRUHIOHFWWKLVFKDQJHLQWKH&RQWUDFW3ULFH 3D\PHQWIRUWKLVFKDQJHVKDOOEHFRPHGXH'DWHBBBBBBBBBBBB &RPSOHWLRQGDWHRI:RUNXQGHUWKLVDJUHHPHQWLQFOXGLQJWKLV&KDQJH2UGHULVDGMXVWHGWR 'DWHBBBBBBBBBBBB
1RWHDERXW([WUD:RUNDQG&KDQJH2UGHUV ([WUDZRUNDQGFKDQJHRUGHUVEHFRPHSDUWRIWKHFRQWUDFWRQFHWKHRUGHULVSUHSDUHGLQZULWLQJDQGVLJQHG E\WKHSDUWLHVSULRUWRFRPPHQFHPHQWRIDQ\ZRUNFRYHUHGE\WKHQHZFKDQJHRUGHU7KHRUGHUPXVW GHVFULEHWKHVFRSHRIWKHH[WUDZRUNRUFKDQJHWKHFRVWWREHDGGHGRUVXEWUDFWHGIURPWKHFRQWUDFWDQG WKHHIIHFWWKHRUGHUZLOOKDYHRQWKHVFKHGXOHRISURJUHVVSD\PHQWV<RXDUHHQWLWOHGWRDFRPSOHWHO\ILOOHG LQFRS\RIWKLVDJUHHPHQWVLJQHGE\ERWK\RXDQGWKHFRQWUDFWRUEHIRUHDQ\ZRUNPD\EHVWDUWHG
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 2ZQHU V6LJQDWXUH'DWH2ZQHU V6LJQDWXUH'DWH
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB &RQWUDFWRU V6LJQDWXUH'DWH
&$+RPH5HSDLU,3DJH
1RWLFHRI7KUHH'D\5LJKWWR&DQFHO
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
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 6LJQDWXUHRI2ZQHU'DWH
&$+RPH5HSDLU, 3DJH
1RWLFHRI&DQFHOODWLRQ&DOLIRUQLD%XVLQHVV 3URIHVVLRQV&RGH
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¶VH[SHQVHDQG ULVN,I\RXGRPDNHWKHJRRGVDYDLODEOHWRWKHVHOOHUDQGWKHVHOOHUGRHVQRWSLFNWKHPXSZLWKLQGD\VRI WKHGDWHRI\RXUQRWLFHRIFDQFHOODWLRQ\RXPD\UHWDLQRUGLVSRVHRIWKHJRRGVZLWKRXWDQ\IXUWKHU REOLJDWLRQ,I\RXIDLOWRPDNHWKHJRRGVDYDLODEOHWRWKHVHOOHURULI\RXDJUHHWRUHWXUQWKHJRRGVWRWKH VHOOHUDQGIDLOWRGRVRWKHQ\RXUHPDLQOLDEOHIRUSHUIRUPDQFHRIDOOREOLJDWLRQVXQGHUWKHFRQWUDFW´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
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 6LJQDWXUHRI%X\HU
&$+RPH5HSDLU, 3DJH
1RWLFHRI&DQFHOODWLRQ&DOLIRUQLD%XVLQHVV 3URIHVVLRQV&RGH
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¶VH[SHQVHDQG ULVN,I\RXGRPDNHWKHJRRGVDYDLODEOHWRWKHVHOOHUDQGWKHVHOOHUGRHVQRWSLFNWKHPXSZLWKLQGD\VRI WKHGDWHRI\RXUQRWLFHRIFDQFHOODWLRQ\RXPD\UHWDLQRUGLVSRVHRIWKHJRRGVZLWKRXWDQ\IXUWKHU REOLJDWLRQ,I\RXIDLOWRPDNHWKHJRRGVDYDLODEOHWRWKHVHOOHURULI\RXDJUHHWRUHWXUQWKHJRRGVWRWKH VHOOHUDQGIDLOWRGRVRWKHQ\RXUHPDLQOLDEOHIRUSHUIRUPDQFHRIDOOREOLJDWLRQVXQGHUWKHFRQWUDFW´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
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 6LJQDWXUHRI%X\HU
&$+RPH5HSDLU, 3DJH
127,&(2)5,*+772&$1&(/81'(55(*8/$7,21=
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
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBB 6LJQDWXUH'DWH
6HHWKHQH[WSDJHIRULPSRUWDQWLQIRUPDWLRQDERXWZKDWKDSSHQVLIWKLVDJUHHPHQWLVFDQFHOOHG
&$+RPH5HSDLU,3DJH
1RWLFH5HTXLUHGE\&RGHRI)HGHUDO5HJXODWLRQ6HFWLRQG(IIHFWVRI5HVFLVVLRQ
:KHQDFRQVXPHUUHVFLQGVDWUDQVDFWLRQWKHVHFXULW\LQWHUHVWJLYLQJULVHWRWKHULJKWRIUHVFLVVLRQ EHFRPHVYRLGDQGWKHFRQVXPHUVKDOOQRWEHOLDEOHIRUDQ\DPRXQWLQFOXGLQJDQ\ILQDQFHFKDUJH
:LWKLQFDOHQGDUGD\VDIWHUUHFHLSWRIDQRWLFHRIUHVFLVVLRQWKHFUHGLWRUVKDOOUHWXUQDQ\PRQH\RU SURSHUW\WKDWKDVEHHQJLYHQWRDQ\RQHLQFRQQHFWLRQZLWKWKHWUDQVDFWLRQDQGVKDOOWDNHDQ\DFWLRQ QHFHVVDU\WRUHIOHFWWKHWHUPLQDWLRQRIWKHVHFXULW\LQWHUHVW
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
&$+RPH5HSDLU, 3DJH
127,&(2)5,*+772&$1&(/81'(55(*8/$7,21=
7R2ZQHU 5H<RXUULJKWWRFDQFHO3URMHFW <RXDUHHQWHULQJLQWRDWUDQVDFWLRQWKDWZLOOUHVXOWLQDVHFXULW\LQWHUHVWEHLQJSODFHGRQ\RXUKRPH<RX KDYHDOHJDOULJKWXQGHUIHGHUDOODZWRFDQFHOWKLVWUDQVDFWLRQZLWKRXWFRVWZLWKLQWKUHHEXVLQHVVGD\V IURPZKLFKHYHURIWKHIROORZLQJHYHQWVRFFXUVODVW 7KHGDWHRIWKHWUDQVDFWLRQZKLFKLVBBBBBBBBBBBBRU 7KHGDWH\RXUHFHLYH\RXU7UXWKLQ/HQGLQJGLVFORVXUHVRU 7KHGDWH\RXUHFHLYHWKLVQRWLFHRI\RXUULJKWWRFDQFHO ,I\RXFDQFHOWKLVWUDQVDFWLRQWKHVHFXULW\LQWHUHVWLVDOVRFDQFHOOHG:LWKLQFDOHQGDUGD\VDIWHUZH UHFHLYH\RXUQRWLFHZHPXVWWDNHWKHVWHSVQHFHVVDU\WRUHIOHFWWKHIDFWWKDWWKHVHFXULW\LQWHUHVWRQ\RXU KRPHKDVEHHQFDQFHOOHGDQGZHPXVWUHWXUQWR\RXDQ\PRQH\RUSURSHUW\\RXKDYHJLYHQXVRUWR DQ\RQHHOVHLQFRQQHFWLRQZLWKWKLVWUDQVDFWLRQ <RXPD\NHHSDQ\PRQH\RUSURSHUW\ZHKDYHJLYHQ\RXXQWLOZHKDYHGRQHWKHWKLQJVPHQWLRQHGDERYH EXW\RXPXVWWKHQRIIHUWRUHWXUQWKHPRQH\RUSURSHUW\,ILWLVLPSUDFWLFDORUXQIDLUIRU\RXWRUHWXUQWKH SURSHUW\\RXPXVWRIIHULWVUHDVRQDEOHYDOXH<RXPD\RIIHUWRUHWXUQWKHSURSHUW\DW\RXUKRPHRUDWWKH ORFDWLRQRIWKHSURSHUW\0RQH\PXVWEHUHWXUQHGWRWKHDGGUHVVEHORZ,IZHGRQRWWDNHSRVVHVVLRQRIWKH PRQH\RUSURSHUW\ZLWKLQFDOHQGDUGD\VRI\RXURIIHU\RXPD\NHHSLWZLWKRXWIXUWKHUREOLJDWLRQ +RZWRFDQFHO ,I\RXGHFLGHWRFDQFHOWKLVWUDQVDFWLRQ\RXPD\GRVRE\QRWLI\LQJXVLQZULWLQJDW &RQWUDFWRU1DPHBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVVBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVVBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB &LW\BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB6WDWHBBBBBBB=LSBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB <RXPD\XVHDQ\ZULWWHQVWDWHPHQWWKDWLVVLJQHGDQGGDWHGE\\RXDQGVWDWHV\RXULQWHQWLRQWRFDQFHORU \RXPD\XVHWKLVQRWLFHE\GDWLQJDQGVLJQLQJEHORZ.HHSRQHFRS\RIWKLVQRWLFHEHFDXVHLWFRQWDLQV LPSRUWDQWLQIRUPDWLRQDERXW\RXUULJKWV ,I\RXFDQFHOE\PDLORUWHOHJUDP\RXPXVWVHQGWKHQRWLFHQRODWHUWKDQPLGQLJKWRI BBBBBBBBBBBBBBBBBBBBBBBBBPLGQLJKWRIWKHWKLUGEXVLQHVVGD\IROORZLQJWKHODWHVWRIWKHWKUHHHYHQWV OLVWHGDERYH,I\RXVHQGRUGHOLYHU\RXUZULWWHQQRWLFHWRFDQFHOVRPHRWKHUZD\LWPXVWEHGHOLYHUHGWR WKHDERYHDGGUHVVQRODWHUWKDQWKDWWLPH ,:,6+72&$1&(/
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBB 6LJQDWXUH'DWH
6HHWKHQH[WSDJHIRULPSRUWDQWLQIRUPDWLRQDERXWZKDWKDSSHQVLIWKLVDJUHHPHQWLVFDQFHOOHG
&$+RPH5HSDLU,3DJH
1RWLFH5HTXLUHGE\&RGHRI)HGHUDO5HJXODWLRQ6HFWLRQG(IIHFWVRIUHVFLVVLRQ
:KHQDFRQVXPHUUHVFLQGVDWUDQVDFWLRQWKHVHFXULW\LQWHUHVWJLYLQJULVHWRWKHULJKWRIUHVFLVVLRQ EHFRPHVYRLGDQGWKHFRQVXPHUVKDOOQRWEHOLDEOHIRUDQ\DPRXQWLQFOXGLQJDQ\ILQDQFHFKDUJH
:LWKLQFDOHQGDUGD\VDIWHUUHFHLSWRIDQRWLFHRIUHVFLVVLRQWKHFUHGLWRUVKDOOUHWXUQDQ\PRQH\RU SURSHUW\WKDWKDVEHHQJLYHQWRDQ\RQHLQFRQQHFWLRQZLWKWKHWUDQVDFWLRQDQGVKDOOWDNHDQ\DFWLRQ QHFHVVDU\WRUHIOHFWWKHWHUPLQDWLRQRIWKHVHFXULW\LQWHUHVW
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
&$+RPH5HSDLU, 3DJH
*ORVVDU\RI7HUPV
%RQGPHDQVWKHVHFXULW\RIIHUHGE\DOLFHQVHGVXUHW\FRPSDQ\ZKLFKPD\EHXVHGWRVDWLVI\DFODLPRI IDLOXUHWRSHUIRUPREOLJDWLRQVXQGHUWDNHQLQWKLV$JUHHPHQW
&KDQJH2UGHULVDZULWWHQPRGLILFDWLRQRIWKH&RQWUDFW3ULFHLQFOXGLQJDOOFODLPVIRUGLUHFWLQGLUHFWDQG FRQVHTXHQWLDOGDPDJHVDQGFRVWVRIGHOD\7LPHIRU&RPSOHWLRQDQG6FRSHRI:RUNXQGHUWKLV $JUHHPHQW$&KDQJH2UGHURQFHVLJQHGE\DOOSDUWLHVLVLQFRUSRUDWHGLQWRDQGEHFRPHVDSDUWRIWKH &RQWUDFW'RFXPHQWV
&ODLPPHDQVDGHPDQGRUDVVHUWLRQE\RQHRIWKHSDUWLHVWRWKLV$JUHHPHQWVHHNLQJDVDPDWWHURIULJKW PRGLILFDWLRQDGMXVWPHQWRULQWHUSUHWDWLRQRIFRQWUDFWWHUPVSD\PHQWRIPRQH\H[WHQVLRQRIWLPHRURWKHU UHOLHI
&RQWUDFW&RPSOHWLRQ'DWHPHDQVWKHGD\E\ZKLFKWKH:RUNPXVWEHVXEVWDQWLDOO\FRPSOHWH
&RQWUDFW'RFXPHQWVDUHWKLV$JUHHPHQWDQGDOOGRFXPHQWVLQFRUSRUDWHGE\UHIHUHQFHLQWRWKLV $JUHHPHQW
&RQWUDFW3ULFHLVWKHDPRXQWZKLFKZLOOEHFRPHGXHLQH[FKDQJHIRUZRUNSHUIRUPHGXQGHUWKLV $JUHHPHQW&RQWUDFW3ULFHLQFOXGHVDOORZDQFHVIRUSXUFKDVHGPDWHULDOVDQGHTXLSPHQWDQGPD\EH PRGLILHGE\D&KDQJH2UGHURUFRQWUDFWPRGLILFDWLRQ7KH&RQWUDFW3ULFHPD\EHSDLGLQRQHRUPRUH LQVWDOOPHQWVLQFOXGLQJDQ,QLWLDO3D\PHQWDWRUEHIRUHWKHVWDUWRIZRUN3URJUHVV3D\PHQWVDVZRUNLV FRPSOHWHGDQGD)LQDO3D\PHQWRQILQDODFFHSWDQFHRIWKHZRUN3D\PHQW3HULRGLVWKHWLPHHODSVHG EHWZHHQDSSOLFDWLRQVIRUSURJUHVVSD\PHQWVRUSULRUWRWKHILUVWDSSOLFDWLRQIRUSURJUHVVSD\PHQW
&RQWUDFWRULVDQLQGLYLGXDOSDUWQHUVKLSILUPFRUSRUDWLRQMRLQWYHQWXUHRURWKHUOHJDOHQWLW\XQGHUWDNLQJ WKHH[HFXWLRQRIWKH:RUNXQGHUWKHWHUPVRIWKLV$JUHHPHQW
'HIHFWLYH:RUNPHDQVFRQVWUXFWLRQGRQHXQGHUWKLV$JUHHPHQWWKDWLVXQVDWLVIDFWRU\IDXOW\RPLWWHG LQFRPSOHWHGHILFLHQWRUGRHVQRWFRQIRUPWRWKHUHTXLUHPHQWVRIWKH&RQWUDFW'RFXPHQWVGLUHFWLYHVRI 2ZQHU V5HSUHVHQWDWLYHRUWKHUHTXLUHPHQWVRIDQLQVSHFWLRQUHIHUHQFHVWDQGDUGWHVWRUDSSURYDO VSHFLILHGLQWKH&RQWUDFW'RFXPHQWV
'UDZLQJVDOVRFDOOHGSODQVRUSULQWVDUHVFDOHUHSUHVHQWDWLRQVRIWKHVKDSHORFDWLRQFKDUDFWHUDQG GLPHQVLRQVRI:RUNWREHFRPSOHWHGXQGHUWKLVFRQWUDFW'UDZLQJVLQFOXGHSODQYLHZVHOHYDWLRQYLHZV WUDQVYHUVHDQGORQJLWXGLQDOVHFWLRQVODUJHDQGVPDOOVFDOHVHFWLRQVDQGGHWDLOVLVRPHWULFVGLDJUDPV VFKHGXOHVWDEOHVGDWDDQGSLFWXUHVZKLFKGHSLFWWKHFRPSOHWHG3URMHFW$JURXSRIGUDZLQJVDGHTXDWHWR FRPSOHWHFRQVWUXFWLRQRIWKH3URMHFWPD\EHUHIHUUHGWRDVDSODQVHW'UDZLQJVFDQEHHLWKHUSDSHURU HOHFWURQLFPHGLD
([WUD:RUNPHDQVDQ\FKDQJHLQWHUSUHWDWLRQFODULILFDWLRQRUFRUUHFWLRQLQWKH&RQWUDFW'RFXPHQWVRULQ DSSOLFDEOHODZRUGLQDQFHRUUHJXODWLRQZKLFKZRXOGLQFUHDVHRUGHFUHDVHWKHTXDQWLW\RIZRUNGHOD\ VXVSHQGRULQWHUIHUHZLWKWKHZRUNUHTXLUHDQDGGLWLRQWRRURPLVVLRQIURPWKHZRUNFKDQJHWKHFKDUDFWHU TXDOLW\RUQDWXUHRIDQ\SDUWRIWKHZRUNRUPDWHULDOXVHGLQWKHZRUNFKDQJHOHYHOVOLQHV
&$+RPH5HSDLU, 3DJH
SRVLWLRQVRUGLPHQVLRQVRIDQ\SDUWRIWKHZRUNUHTXLUHGHPROLWLRQRUUHPRYDORIDQ\ZRUNFRPSOHWHG XQGHUWKLV$JUHHPHQWH[WHQGRUDPHQGWKHQRUPDOZRUNGD\DOWHUWKHFRQVWUXFWLRQVFKHGXOHRUUHTXLUH FRPSOHWLRQRIDQ\SDUWRIWKHZRUNDWDWLPHRWKHUWKDQSURYLGHGE\WKLV&RQWUDFWZKHQRULJLQDOO\PDGH
)XUQLVKPHDQVWRVXSSO\DQGGHOLYHUWRWKHMREVLWH
,QVSHFWLRQLVDQ\UHYLHZRIWKH3URMHFWLQFOXGLQJDYLVXDOUHYLHZRIWKH:RUNFRPSOHWHGWRDVFHUWDLQ FRPSOLDQFHZLWK&RQWUDFW'RFXPHQWVEXLOGLQJFRGHVDQGFRQVWUXFWLRQVWDQGDUGV
-RE6LWHLVWKHDGGUHVVRUORFDWLRQRIWKH3URMHFW
/DZPHDQVIHGHUDORUVWDWHVWDWXWHVPXQLFLSDORUGLQDQFHVEXLOGLQJFRGHVUHJXODWLRQVDGRSWHGSXUVXDQWWR VWDWXWHH[HFXWLYHRUGHUVRIILFLDOLQWHUSUHWDWLRQVDQGRWKHUUXOHVDQGGLUHFWLYHVLVVXHGE\JRYHUQPHQW
0DWHULDO6XSSOLHUPHDQVDQ\PDQXIDFWXUHUIDEULFDWRUGLVWULEXWRUPDWHULDOPDQRUYHQGRUZKRSURYLGHV PDWHULDOIRUWKH3URMHFWEXWGRHVQRWSURYLGHRQVLWHODERU
3DUW\WRWKLVFRQWUDFWPHDQVDSHUVRQRUEXVLQHVVRUJDQL]DWLRQZKLFKKDVDQREOLJDWLRQWRSHUIRUPXQGHU WKHWHUPVRIWKLVFRQWUDFW
3ODQVDOVRFDOOHGGUDZLQJVRUSULQWVDUHVFDOHUHSUHVHQWDWLRQVRIWKHVKDSHORFDWLRQFKDUDFWHUDQG GLPHQVLRQVRI:RUNWREHFRPSOHWHGXQGHUWKLVFRQWUDFW3ODQVLQFOXGHSODQYLHZVHOHYDWLRQYLHZV WUDQVYHUVHDQGORQJLWXGLQDOVHFWLRQVODUJHDQGVPDOOVFDOHVHFWLRQVDQGGHWDLOVLVRPHWULFVGLDJUDPV VFKHGXOHVWDEOHVGDWDDQGSLFWXUHVZKLFKGHSLFWWKHFRPSOHWHGSURMHFW$JURXSRISODQVDGHTXDWHWR FRPSOHWHFRQVWUXFWLRQRIWKH3URMHFWPD\EHUHIHUUHGWRDVDSODQVHW3ODQVFDQEHHLWKHUSDSHURU HOHFWURQLFPHGLD
5HTXLUHPHQWVPHDQVLQDGGLWLRQWRREOLJDWLRQVUHVSRQVLELOLWLHVDQGOLPLWDWLRQVVHWRXWLQWKH&RQWUDFW 'RFXPHQWVWKHREOLJDWLRQVUHVSRQVLELOLWLHVDQGOLPLWDWLRQVLPSRVHGE\ODZUXOHVRUGHUVRUGLQDQFHV UHJXODWLRQVVWDWXWHVFRGHVDQGH[HFXWLYHRUGHUVRIJRYHUQPHQWDODXWKRULWLHVRUILUHUDWLQJEXUHDXV
5HWDLQDJHLVDSRUWLRQRIHDFKSURJUHVVSD\PHQWWHPSRUDULO\KHOGEDFNRUUHWDLQHGE\WKHRZQHU $FFXPXODWHGUHWDLQDJHLVUHOHDVHGWR&RQWUDFWRURQVDWLVIDFWRU\FRPSOHWLRQRIWKHZRUN
6FRSHRI:RUNPHDQVWKH:RUNDVGHILQHGE\WKH&RQWUDFW'RFXPHQWV
6LPLODUPHDQVKDYLQJDOLNHNLQGTXDOLW\DQGFKDUDFWHULVWLFV6LPLODULVQRWWREHFRQVWUXHGDVPHDQLQJ LGHQWLFDORUE\WKHVDPHPDQXIDFWXUHU
6SHFLILFDWLRQVDOVRFDOOHGVSHFVDUHWKHSDUWRIWKH&RQWUDFW'RFXPHQWVZKLFKSURYLGHGHVFULSWLRQVRI PDWHULDOVHTXLSPHQWFRQVWUXFWLRQV\VWHPVWHFKQLTXHDQGZRUNPDQVKLSWREHXVHGRQWKH3URMHFW 6SHFLILFDWLRQVDUHERWKLQVWUXFWLRQVWREHIROORZHGE\WKH&RQWUDFWRUDQG6XEFRQWUDFWRUVDQGDUHIHUHQFH IRUWKH%XLOGLQJ2IILFLDOWRHYDOXDWHFRGHFRPSOLDQFH
6XEFRQWUDFWRULVDQ\SHUVRQRUEXVLQHVVHQWLW\XQGHUFRQWUDFWWRDJHQHUDOFRQWUDFWRUWRSHUIRUPVRPH
&$+RPH5HSDLU, 3DJH
SRUWLRQRIWKHZRUNJHQHUDOFRQWUDFWRULVREOLJDWHGWRFRPSOHWHXQGHUDFRQWUDFWZLWKWKH2ZQHU 6XEFRQWUDFWRULVDQLQGHSHQGHQWFRQWUDFWRUSHUIRUPLQJVHUYLFHVIRUDQRWKHUFRQWUDFWRUUDWKHUWKDQIRUWKH 2ZQHU$SHUVRQRURUJDQL]DWLRQSURYLGLQJVXSSOLHVRUPDWHULDOVIRUWKH3URMHFWEXWQRMREVLWHODERULVQRW D6XEFRQWUDFWRU
:RUNPHDQVDOOODERUPDWHULDOHTXLSPHQWWRROVWUDQVSRUWDWLRQSHUPDQHQWDQGWHPSRUDU\XWLOLWLHV FRQQHFWLRQVSURYLVLRQVIRUVDIHW\DQGPDQDJHPHQWVHUYLFHVUHTXLUHGWRFRPSOHWHWKH3URMHFWLQ FRPSOLDQFHZLWKWKH&RQWUDFW'RFXPHQWV:RUNPD\FRQVWLWXWHWKHZKROHRUDSDUWRIWKH3URMHFW:RUNLV WREHSHUIRUPHGLQDVDIHH[SHGLWLRXVRUGHUO\DQGSURIHVVLRQDOPDQQHULQNHHSLQJZLWKFXUUHQWVWDQGDUGV RIWKHLQGXVWU\:RUNLQFOXGHVHYHU\WKLQJWKDWLVRUVKRXOGEHHYLGHQWWRDVNLOOHGFRQVWUXFWLRQSURIHVVLRQDO DIWHUFDUHIXOH[DPLQDWLRQRIWKH&RQWUDFW'RFXPHQWVDQGWKH-RE6LWH
&$+RPH5HSDLU, 3DJH