-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 MLHrUNUVMczGIcbvwLDL6YwimKLlWRCQjiKdMAKguJvxFaejJL7tasJMQ3XSjcHh
 uHv7jvTUToS+zOvErSNEAA==

<SEC-DOCUMENT>0000000000-09-008270.txt : 20090316
<SEC-HEADER>0000000000-09-008270.hdr.sgml : 20090316
<ACCEPTANCE-DATETIME>20090218105906
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-09-008270
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20090218

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MERCER INSURANCE GROUP INC
		CENTRAL INDEX KEY:			0001050690
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		IRS NUMBER:				232939601
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		UPLOAD

	BUSINESS ADDRESS:	
		STREET 1:		10 NORTH HIGHWAY ONE
		CITY:			PENNINGTON
		STATE:			NJ
		ZIP:			08534
		BUSINESS PHONE:		6097370426

	MAIL ADDRESS:	
		STREET 1:		10 N HWY 1
		CITY:			PENNINGTON
		STATE:			NJ
		ZIP:			08534
PUBLIC REFERENCE ACCESSION NUMBER:		0000893220-08-000736
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.pdf
<TEXT>
<PDF>
begin 644 filename1.pdf
M)5!$1BTQ+C0-)>+CS],-"C8U(#`@;V)J#3P\+TQI;F5A<FEZ960@,2],(#$S
M-C0V+T\@-C<O12`V-C$W+TX@,2]4(#$R,CDY+T@@6R`U-38@,3DT73X^#65N
M9&]B:@T@("`@("`@("`@("`@("`@("`@#0IX<F5F#0HV-2`Q,PT*,#`P,#`P
M,#`Q-B`P,#`P,"!N#0HP,#`P,#`P.3$X(#`P,#`P(&X-"C`P,#`P,#$R,#<@
M,#`P,#`@;@T*,#`P,#`P,30U,"`P,#`P,"!N#0HP,#`P,#`Q.3`P(#`P,#`P
M(&X-"C`P,#`P,#$Y,S4@,#`P,#`@;@T*,#`P,#`P,CDT,"`P,#`P,"!N#0HP
M,#`P,#`S,S4U(#`P,#`P(&X-"C`P,#`P,#8P-#@@,#`P,#`@;@T*,#`P,#`P
M-C(Y,2`P,#`P,"!N#0HP,#`P,#`V-30P(#`P,#`P(&X-"C`P,#`P,#`W-3`@
M,#`P,#`@;@T*,#`P,#`P,#4U-B`P,#`P,"!N#0IT<F%I;&5R#0H\/"]3:7IE
M(#<X+U!R978@,3(R.#@O6%)E9E-T;2`W-3`O4F]O="`V-B`P(%(O26YF;R`Y
M(#`@4B])1%L\0S)#-S=$049%,D,X,D0T,41!13%$,$%$,$%$.3<R1C$^/$0Q
M-D$S.#,T,T%#-44Y-#E!,#5$-48Q.$(X1C-#1#8T/ET^/@T*<W1A<G1X<F5F
M#0HP#0HE)45/1@T*("`-"C<W(#`@;V)J#3P\+TQE;F=T:"`Y."]#(#$Q,2]&
M:6QT97(O1FQA=&5$96-O9&4O22`Q,S,O3"`Y-2]/(#<Y+U,@,SD^/G-T<F5A
M;0T*>-IB8&#@9&!@_LH`!*)*#*B`"8A9&#@.,!@@"7)",0.#,@,/+^-\!N93
MXJ>2>!FN,2T`BS(R,$B*`VEF(+X$Q*P,#++/H899@0UDD'P)4<?\#]E4/3.(
M*",'0(`!`##R"X0-"F5N9'-T<F5A;0UE;F1O8FH--S8@,"!O8FH-/#PO3&5N
M9W1H(#(P+T9I;'1E<B]&;&%T941E8V]D92]76S$@,2`Q72]);F1E>%LQ,"`U
M-5TO1&5C;V1E4&%R;7,\/"]#;VQU;6YS(#,O4')E9&EC=&]R(#$R/CXO4VEZ
M92`V-2]4>7!E+UA2968^/G-T<F5A;0T*>-IB8F)A8&)@8!R.&"#``$RL`*L-
M"F5N9'-T<F5A;0UE;F1O8FH--C8@,"!O8FH-/#PO36%R:TEN9F\\/"],971T
M97)S<&%C949L86=S(#`O36%R:V5D('1R=64^/B]/=71L:6YE<R`Q(#`@4B]-
M971A9&%T82`X(#`@4B]0:65C94EN9F\\/"]-87)K96101$8\/"],87-T36]D
M:69I960H1#HR,#`Y,#(Q.#$P-34U,2D^/CX^+U!A9V5S(#<@,"!2+U!A9V5,
M87EO=70O3VYE0V]L=6UN+U-T<G5C=%1R9652;V]T(#$P(#`@4B]4>7!E+T-A
M=&%L;V<O3&%N9RC^_P!%`$X`+0!5`%,I+TQA<W1-;V1I9FEE9"A$.C(P,#DP
M,C$X,3`U-34Q*2]086=E3&%B96QS(#4@,"!2/CX-96YD;V)J#38W(#`@;V)J
M#3P\+T-R;W!";WA;,"`P(#8Q,B`W.3)=+U!A<F5N="`W(#`@4B]3=')U8W10
M87)E;G1S(#`O0V]N=&5N=',@-S`@,"!2+U)O=&%T92`P+TUE9&EA0F]X6S`@
M,"`V,3(@-SDR72]297-O=7)C97,\/"]#;VQO<E-P86-E/#PO0U,P(#8Y(#`@
M4CX^+T9O;G0\/"]45#`@-C@@,"!2+U14,2`W,2`P(%(^/B]0<F]C4V5T6R]0
M1$8O5&5X=%TO17AT1U-T871E/#PO1U,P(#<U(#`@4CX^/CXO5'EP92]086=E
M/CX-96YD;V)J#38X(#`@;V)J#3P\+U-U8G1Y<&4O5')U951Y<&4O1F]N=$1E
M<V-R:7!T;W(@-S,@,"!2+TQA<W1#:&%R(#$R,2]7:61T:'-;,C4P(#`@,"`P
M(#`@,"`P(#`@,"`P(#`@,"`R-3`@,"`R-3`@,"`U,#`@-3`P(#4P,"`U,#`@
M-3`P(#4P,"`U,#`@-3`P(#4P,"`U,#`@,C<X(#`@,"`P(#`@,"`P(#<R,B`V
M-C<@-C8W(#<R,B`V,3$@-34V(#<R,B`W,C(@,S,S(#,X.2`P(#`@.#@Y(#<R
M,B`W,C(@-34V(#`@-C8W(#4U-B`V,3$@-S(R(#<R,B`Y-#0@,"`P(#`@,"`P
M(#`@,"`P(#`@-#0T(#4P,"`T-#0@-3`P(#0T-"`S,S,@-3`P(#4P,"`R-S@@
M,"`U,#`@,C<X(#<W."`U,#`@-3`P(#4P,"`P(#,S,R`S.#D@,C<X(#4P,"`U
M,#`@-S(R(#4P,"`U,#!=+T)A<V5&;VYT+U1I;65S3F5W4F]M86Y04TU4+T9I
M<G-T0VAA<B`S,B]%;F-O9&EN9R]7:6Y!;G-I16YC;V1I;F<O5'EP92]&;VYT
M/CX-96YD;V)J#38Y(#`@;V)J#5LO24-#0F%S960@-S(@,"!270UE;F1O8FH-
M-S`@,"!O8FH-/#PO3&5N9W1H(#DS-2]&:6QT97(O1FQA=&5$96-O9&4^/G-T
M<F5A;0T*2(FL5MMNVS@0?3?0?YA'"HAEDKJZ*`HTMM-M%DG36KM%D>Z#*E.Q
M=FW)D.2F^?L=4K)DV52B+M9^H"[DF9ESYJ++8#1YEY=)'$8EO'GS]NWE?`:C
MR6Q)(2J`JC\443J:O,='#\5H$@04&`3QB)N6YT#P"(RK;;CXCDDY>+9M3ET(
MMJ-[`F!PW$;`^"NX'BUN)/@=&IK<S#[,\5!MD$H<"F-F,HJ8\Q$>"/X^V\_:
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M.PV&8&;?9GFYAM^2A_5C^`06TV-.GT_0._.C"9?93^">KV]2M,<I[IXY=2?2
M-$D?RBR]@-MKH+YCV7K0E\I&3Q!O"@<[/*LZO/+*:JFR));5=.D5ZOY9O*[R
MORN*X9$C73`;4H.36AV=^KPI#&6)-8:DT]+.599OL>6,?X<XR^$J*:(043?&
MF!/X*L(<%NE*K&`N(K']CGY8^):I2O1Z+-I]">&?<7\P_DD9_X1U7HJ#Q>M]
M*L"BRE2/RDXGMD["5?"R(=YF)C*)K\?<L?&(%LD]EW;LMC21'FF](VGID;3Z
MDO;KDIY+6F6_6.Z03-4H7O?)Y_^'5LVG'06<QAG&VSRS*_F_"%B'V$*B;+O;
MB!)YS_8YY.)'@HTLBZ%<&R[!J:*\:V-CCNG9CO1'@GS/$"%.-HEL3P^%FD$*
M-<T@WF/!HZAH8&OX1*1E`0T8:X<;4\-MS'P%+#VL"R$LI1,>20HH<<HQ2H3!
MB*GGRZ(]?#W[]6,UE<U-SZD.-AS?-S-N:7#/823!Q?9EX7D.)9&\FZ)/:LFK
M=_+.L;&*U-U3M?.B6GH<YR>.O_AQ-7SB6;\P\2QG$!4S&0LG82?J.MRR6K(J
MW/00M5H6%85FYV$@%_<$K$8)*R;KASW<N=T^X"JWZZM'V9`.46,E7\K)MJY'
MJ)8![YP!F9G8_H_[`?0-1.NT9%^D7/NAJ/].IB\HN0A&_PHP`+0"PGP-"F5N
M9'-T<F5A;0UE;F1O8FH--S$@,"!O8FH-/#PO4W5B='EP92]4<G5E5'EP92]&
M;VYT1&5S8W)I<'1O<B`W-"`P(%(O3&%S=$-H87(@,3$W+U=I9'1H<ULR-3`@
M,"`P(#`@,"`P(#`@,"`P(#`@,"`P(#(U,"`S,S,@,C4P(#`@-3`P(#4P,"`U
M,#`@-3`P(#4P,"`U,#`@,"`U,#`@-3`P(#`@,S,S(#`@,"`P(#`@,"`P(#`@
M,"`P(#<R,B`V-C<@-C$Q(#<W."`P(#,X.2`U,#`@-S<X(#`@.30T(#<R,B`P
M(#`@-S<X(#<R,B`P(#`@,"`P(#`@,"`W,C(@,"`P(#`@,"`P(#`@,"`U,#`@
M-34V(#0T-"`U-38@-#0T(#,S,R`P(#`@,C<X(#`@,"`R-S@@.#,S(#4U-B`U
M,#`@-34V(#`@-#0T(#,X.2`S,S,@-34V72]"87-E1F]N="]4:6UE<TYE=U)O
M;6%N4%,M0F]L9$U4+T9I<G-T0VAA<B`S,B]%;F-O9&EN9R]7:6Y!;G-I16YC
M;V1I;F<O5'EP92]&;VYT/CX-96YD;V)J#3<R(#`@;V)J#3P\+TQE;F=T:"`R
M-3DX+T9I;'1E<B]&;&%T941E8V]D92].(#,O06QT97)N871E+T1E=FEC95)'
M0CX^<W1R96%M#0IHWIR6=U14UQ:'S[UW>J'-,-(9>I,N,(#T+B`=!%$89@88
MR@###$ULB*A`1!$1`460H(`!HZ%(K(AB(2BH8`]($%!B,(JHJ&1&UDI\>7GO
MY>7WQ[W?VF?O<_?9>Y^U+@`D3Q\N+P66`B"9)^`'>CC35X5'T+']``9X@`&F
M`#!9Z:F^0>[!0"0O-Q=ZNL@)_(O>#`%(_+YEZ.E/IX/_3]*L5+X``,A?Q.9L
M3CI+Q/DB3LH4I(KM,R*FQB2*&4:)F2]*4,1R8HY;Y*6??1;94<SL9!Y;Q.*<
M4]G);#'WB'A[AI`C8L1'Q`497$ZFB&^+6#-)F,P5\5MQ;#*'F0X`BB2V"SBL
M>!&;B)C$#PYT$?%R`'"DN"\XY@L6<+($XD.YI*1F\[EQ\0*Z+DN/;FIMS:![
M<C*3.`*!H3^3E<CDL^DN*<FI3%XV`(MG_BP9<6WIHB);FEI;6AJ:&9E^4:C_
MNO@W)>[M(KT*^-PSB-;WA^VO_%+J`&#,BFJSZP];S'X`.K8"('?_#YOF(0`D
M17UKO_'%>6CB>8D7"%)MC(TS,S.-N!R6D;B@O^M_.OP-??$](_%VOY>'[LJ)
M90J3!'1QW5@I22E"/CT]E<GBT`W_/,3_./"O\U@:R(GE\#D\442H:,JXO#A1
MNWELKH";PJ-S>?^IB?\P[$]:G&N1*/6?`#7*"$C=H`+DYSZ`HA`!$GE0W/7?
M^^:##P7BFQ>F.K$X]Y\%_?NN<(GXD<Z-^QSG$AA,9PGY&8MKXFL)T(``)`$5
MR`,5H`%T@2$P`U;`%C@"-[`"^(%@$`[6`A:(!\F`#S)!+M@,"D`1V`7V@DI0
M`^I!(V@!)T`'.`TN@,O@.K@)[H`'8`2,@^=@!KP!\Q`$82$R1('D(55("S*`
MS"`&9`^Y03Y0(!0.14-Q$`\20KG0%J@(*H4JH5JH$?H6.@5=@*Y"`]`]:!2:
M@GZ%WL,(3(*IL#*L#1O##-@)]H:#X35P')P&Y\#Y\$ZX`JZ#C\'M\`7X.GP'
M'H&?P[,(0(@(#5%##!$&XH+X(1%(+,)'-B"%2#E2A[0@74@O<@L90::1=R@,
MBH*BHPQ1MBA/5`B*A4I#;4`5HRI11U'MJ![4+=0H:@;U"4U&*Z$-T#9H+_0J
M=!PZ$UV`+D<WH-O0E]!WT./H-Q@,AH;1P5AA/#'AF`3,.DPQY@"F%7,>,X`9
MP\QBL5AYK`'6#NN'96(%V`+L?NPQ[#GL('8<^Q9'Q*GBS'#NN`@<#Y>'*\<U
MX<[B!G$3N'F\%%X+;X/WP[/QV?@2?#V^"W\#/XZ?)T@3=`AVA&!"`F$SH8+0
M0KA$>$AX1202U8G6Q``BE[B)6$$\3KQ"'"6^(\F0]$DNI$B2D+23=(1TGG2/
M](I,)FN3'<D19`%Y)[F1?)'\F/Q6@B)A).$EP9;8*%$ET2XQ*/%"$B^I)>DD
MN58R1[)<\J3D#<EI*;R4MI2+%%-J@U25U"FI8:E9:8JTJ;2?=+)TL723]%7I
M21FLC+:,FPQ;)E_FL,Q%F3$*0M&@N%!8E"V4>LHERC@50]6A>E$3J$74;ZC]
MU!E9&=EELJ&R6;)5LF=D1V@(39OF14NBE=!.T(9H[Y<H+W%:PEFR8TG+DL$E
M<W**<HYR'+E"N5:Y.W+OY>GR;O*)\KOE.^0?*:`4]!4"%#(5#BI<4IA6I"K:
M*K(4"Q5/*-Y7@I7TE0*5UBD=5NI3FE564?903E7>KWQ1>5J%IN*HDJ!2IG)6
M94J5HFJORE4M4SVG^HPN2W>B)]$KZ#WT&34E-4\UH5JM6K_:O+J.>HAZGGJK
M^B,-@@9#(U:C3*-;8T935=-7,U>S6?.^%EZ+H16OM4^K5VM.6T<[3'N;=H?V
MI(Z<CI=.CDZSSD-=LJZ#;IING>YM/8P>0R]1[X#>37U8WT(_7K]*_X8!;&!I
MP#4X8#"P%+W4>BEO:=W284.2H9-AAF&SX:@1S<C'*,^HP^B%L:9QA/%NXU[C
M3R86)DDF]28/3&5,5YCFF7:9_FJF;\8RJS*[;4XV=S??:-YI_G*9P3+.LH/+
M[EI0+'PMMEET6WRTM++D6[983EEI6D5;55L-,Z@,?T8QXXHUVMK9>J/U:>MW
M-I8V`IL3-K_8&MHFVC;93B[76<Y97K]\S$[=CFE7:S=B3[>/MC]D/^*@YL!T
MJ'-XXJCAR'9L<)QPTG-*<#KF],+9Q)GOW.8\YV+CLM[EO"OBZN%:Z-KO)N,6
MXE;I]MA=W3W.O=E]QL/"8YW'>4^TI[?G;L]A+V4OEE>CU\P*JQ7K5_1XD[R#
MO"N]G_CH^_!]NGQAWQ6^>WP?KM1:R5O9X0?\O/SV^#WRU_%/\_\^`!/@'U`5
M\#30-#`WL#>($A05U!3T)M@YN"3X08ANB#"D.U0R-#*T,70NS#6L-&QDE?&J
M]:NNARN$<\,[([`1H1$-$;.KW5;O73T>:1%9$#FT1F=-UIJK:Q76)JT]$R49
MQ8PZ&8V.#HMNBO[`]&/6,6=CO&*J8V98+JQ]K.=L1W89>XICQRGE3,3:Q9;&
M3L;9Q>V)FXIWB"^/G^:Z<"NY+Q,\$VH2YA+]$H\D+B2%);4FXY*CDT_Q9'B)
MO)X4E92LE(%4@]2"U)$TF[2]:3-\;WY#.I2^)KU30!7]3/4)=85;A:,9]AE5
M&6\S0S-/9DEG\;+ZLO6S=V1/Y+CG?+T.M8ZUKCM7+7=S[NAZI_6U&Z`-,1NZ
M-VILS-\XOLECT]'-A,V)FW_(,\DKS7N])6Q+5[YR_J;\L:T>6YL+)`KX!</;
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M[ZR\,S`4,G1W.')XY"[[[N2]I'LO[V?<GW^PZ2'Z8>$CJ4?ECY4>U_VH]V/K
MB.7(F5'7T;XG04\>C+'&GO^4_M.'\?RGY*?E$ZH3C9-FDZ>GW*=N/EO];/QY
MZO/YZ8*?I7^N?J'[XKM?''_IFUDU,_Z2_W+AU^)7\J^.O%[VNGO6?_;QF^0W
M\W.%;^7?'GW'>-?[/NS]Q'SF!^R'BH]Z'[L^>7]ZN)"\L/";``,`]X3S^PH-
M"F5N9'-T<F5A;0UE;F1O8FH--S,@,"!O8FH-/#PO4W1E;58@.#(O1F]N=$YA
M;64O5&EM97-.97=2;VUA;E!3350O1F]N=%-T<F5T8V@O3F]R;6%L+T9O;G17
M96EG:'0@-#`P+T9L86=S(#,T+T1E<V-E;G0@+3(Q-B]&;VYT0D)O>%LM-38X
M("TS,#<@,C`P,"`Q,#`W72]!<V-E;G0@.#DQ+T9O;G1&86UI;'DH5&EM97,@
M3F5W(%)O;6%N*2]#87!(96EG:'0@-C4V+UA(96EG:'0@+34T-B]4>7!E+T9O
M;G1$97-C<FEP=&]R+TET86QI8T%N9VQE(#`^/@UE;F1O8FH--S0@,"!O8FH-
M/#PO4W1E;58@,3,V+T9O;G1.86UE+U1I;65S3F5W4F]M86Y04RU";VQD350O
M1F]N=%-T<F5T8V@O3F]R;6%L+T9O;G1796EG:'0@-S`P+T9L86=S(#,T+T1E
M<V-E;G0@+3(Q-B]&;VYT0D)O>%LM-34X("TS,#<@,C`P,"`Q,#(V72]!<V-E
M;G0@.#DQ+T9O;G1&86UI;'DH5&EM97,@3F5W(%)O;6%N*2]#87!(96EG:'0@
M-C4V+UA(96EG:'0@+34T-B]4>7!E+T9O;G1$97-C<FEP=&]R+TET86QI8T%N
M9VQE(#`^/@UE;F1O8FH--S4@,"!O8FH-/#PO3U!-(#$O3U`@9F%L<V4O;W`@
M9F%L<V4O5'EP92]%>'1'4W1A=&4O4T$@9F%L<V4O4TT@,"XP,CX^#65N9&]B
M:@TQ(#`@;V)J#3P\+T9I<G-T(#(@,"!2+T-O=6YT(#$O3&%S="`R(#`@4B]4
M>7!E+T]U=&QI;F5S/CX-96YD;V)J#3(@,"!O8FH-/#PO4&%R96YT(#$@,"!2
M+T$@,R`P(%(O5&ET;&4H_O\`1@!I`&P`90`@`$X`;P`N`#H`(``@`#``,``P
M`"T`,@`U`#0`,@`U*3X^#65N9&]B:@TS(#`@;V)J#3P\+T1;-C<@,"!2+UA9
M6B`Q-3<@-#$V(&YU;&Q=+U,O1V]4;SX^#65N9&]B:@TT(#`@;V)J#3P\+T9I
M<G-T(#0S,2],96YG=&@@.3(V+T9I;'1E<B]&;&%T941E8V]D92].(#4U+U1Y
M<&4O3V)J4W1M/CYS=')E86T-"GC:[)9;;]PV$(7[4P;H2_+0\DY*0!#`<6+$
M=7R!UT$>C#XH-KT5NI866FT1__L<<KSV;H,F(H+`?0BPJ\&0A]^(<W13DB0I
M14IJ4IJL=J0,66M)6?*A)N4H.`1/587!`*6L2.&GC"&%&8UI#8BI-&F0G+2D
M0?,:XY`$AW$,22L)>"UK)!Y2@_F`"*ZNL"3I\=/!DH'4`&X4HD>>$!*Y073(
ML<36R,%SUI$!S]6*#'@>!P.>KPSE$H"FTB$XLN!5.$D+7N4#6?#JO&%$[".A
MI(3.(SKH@%+2DZT0/7*4U#*0DXA!$R3&H!G8HDGGZ5#2*DGY%+TC!YY#<QQX
MSGMRX'GTV8'G<4!)$]`O#UX`%"5,A?H>O`J#/FT!]5,+:A1Y\4(<);LDG8NS
M9HC=>#'$F)S;'3F)G\:C>$=*G/>+>-PLDZM)<G&WC&(V#NNKK#OO^U'L+YK5
M*FMLTKQ\F:I<ZIPDQW+P'`*'BD.=@Y$<%`?-P7!@BF&*88IABF&*88IEBF6*
M98IEBF6*98IEBF6*98IEBF.*8XICBF.*8XICBF.*8XICBF.*9XIGBF>*9XK/
ME#_%&>Z$W-*9F,6K4;QKNOFS-R>_O9_]\CRW\&1]N[I,UW'6YZ'#;M%V<?97
M`Q,.VOEZB.+UT"_WF^4F/5V/22)FRZ83L_7'U=70+L=-NHS#]L#%Z1[^^_@?
MY`A?V[]CO]Y,XR)XU7\2K]M_Q-O87+?=_%<MC7AKQ$D_W#8+<2;>=-==/T8,
MX'"`J^$Q>]]=Q^'Q9%#D,%4Y%`=#<QLS=6<G.!L6Y*UN%4S/D-0H+GJIN/&*
M&Z^X\8H;K[GQFANO]6/K<`Y7<>]FC`/)WV7>V]ZBG7?BC_5J;&_NQ"D<N$M[
M_S"T(RH?]]=1O!LN/O+25_&F'^+#VD-LKALI:.3HP7V:9F=C,XR/^0\L+I^P
MMO'_W^)I^NO5L_II-OX=I>635?[&IK733[9M-OOGV^;K;QM8LT?\X!3[FZ?W
M$<GT%E+W;Z'-,WV.[[:']_C#*GPVE(AUB=B4B&V)V)6(?8DXE(BK$G%=9$J9
MA44>JB(359&+JLA&5>2C*C)2%3FIBJQ415[J(B_U)"_#OV]Y/<G4ZHME9OHR
MJ">YZ^Z+;'];8NV.U]MS_]V*(L-UD>%ZDN'U%_V:XCQ_K6XO,T67@"FZG4W9
M,[GH=C9V^G:AGG([\S?\3G.FV,S?_#O+PO1E4%=%ZKI$;;_A[F<!!@`\ZF<&
M#0IE;F1S=')E86T-96YD;V)J#34@,"!O8FH-/#PO3G5M<ULP(#8@,"!273X^
M#65N9&]B:@TV(#`@;V)J#3P\+U,O1#X^#65N9&]B:@TW(#`@;V)J#3P\+T-O
M=6YT(#$O5'EP92]086=E<R]+:61S6S8W(#`@4ET^/@UE;F1O8FH-."`P(&]B
M:@T\/"]3=6)T>7!E+UA-3"],96YG=&@@,SDX."]4>7!E+TUE=&%D871A/CYS
M=')E86T-"CP_>'!A8VME="!B96=I;CTB[[N_(B!I9#TB5S5-,$UP0V5H:4AZ
M<F53>DY48WIK8SED(C\^"CQX.GAM<&UE=&$@>&UL;G,Z>#TB861O8F4Z;G,Z
M;65T82\B('@Z>&UP=&L](D%D;V)E(%A-4"!#;W)E(#0N,"UC,S$V(#0T+C(U
M,SDR,2P@4W5N($]C="`P,2`R,#`V(#$W.C$T.C,Y(CX*("`@/')D9CI21$8@
M>&UL;G,Z<F1F/2)H='1P.B\O=W=W+G<S+F]R9R\Q.3DY+S`R+S(R+7)D9BUS
M>6YT87@M;G,C(CX*("`@("`@/')D9CI$97-C<FEP=&EO;B!R9&8Z86)O=70]
M(B(*("`@("`@("`@("`@>&UL;G,Z<&1F/2)H='1P.B\O;G,N861O8F4N8V]M
M+W!D9B\Q+C,O(CX*("`@("`@("`@/'!D9CI0<F]D=6-E<CY!8W)O8F%T($1I
M<W1I;&QE<B`X+C$N,"`H5VEN9&]W<RD\+W!D9CI0<F]D=6-E<CX*("`@("`@
M/"]R9&8Z1&5S8W)I<'1I;VX^"B`@("`@(#QR9&8Z1&5S8W)I<'1I;VX@<F1F
M.F%B;W5T/2(B"B`@("`@("`@("`@('AM;&YS.G!D9G@](FAT='`Z+R]N<RYA
M9&]B92YC;VTO<&1F>"\Q+C,O(CX*("`@("`@("`@/'!D9G@Z4V]U<F-E36]D
M:69I960^1#HR,#`Y,#(Q.#$U-34R,SPO<&1F>#I3;W5R8V5-;V1I9FEE9#X*
M("`@("`@/"]R9&8Z1&5S8W)I<'1I;VX^"B`@("`@(#QR9&8Z1&5S8W)I<'1I
M;VX@<F1F.F%B;W5T/2(B"B`@("`@("`@("`@('AM;&YS.GAA<#TB:'1T<#HO
M+VYS+F%D;V)E+F-O;2]X87`O,2XP+R(^"B`@("`@("`@(#QX87`Z0W)E871O
M<E1O;VP^06-R;V)A="!01$9-86ME<B`X+C$@9F]R(%=O<F0\+WAA<#I#<F5A
M=&]R5&]O;#X*("`@("`@("`@/'AA<#I-;V1I9GE$871E/C(P,#DM,#(M,3A4
M,3`Z-38Z,S0M,#4Z,#`\+WAA<#I-;V1I9GE$871E/@H@("`@("`@("`\>&%P
M.D-R96%T941A=&4^,C`P.2TP,BTQ.%0Q,#HU-3HT,BTP-3HP,#PO>&%P.D-R
M96%T941A=&4^"B`@("`@("`@(#QX87`Z365T861A=&%$871E/C(P,#DM,#(M
M,3A4,3`Z-38Z,S0M,#4Z,#`\+WAA<#I-971A9&%T841A=&4^"B`@("`@(#PO
M<F1F.D1E<V-R:7!T:6]N/@H@("`@("`\<F1F.D1E<V-R:7!T:6]N(')D9CIA
M8F]U=#TB(@H@("`@("`@("`@("!X;6QN<SIX87!-33TB:'1T<#HO+VYS+F%D
M;V)E+F-O;2]X87`O,2XP+VUM+R(^"B`@("`@("`@(#QX87!-33I$;V-U;65N
M=$E$/G5U:60Z868Y964Y.60M-&$T,2TT-C`W+3DP-SDM,6)F,S(T,#9E9C@P
M/"]X87!-33I$;V-U;65N=$E$/@H@("`@("`@("`\>&%P34TZ26YS=&%N8V5)
M1#YU=6ED.C8S93<U.#0T+38Q.3,M-#DQ-"TY8SAA+6(X86)C839D9F(R93PO
M>&%P34TZ26YS=&%N8V5)1#X*("`@("`@("`@/'AA<$U-.G-U8FIE8W0^"B`@
M("`@("`@("`@(#QR9&8Z4V5Q/@H@("`@("`@("`@("`@("`\<F1F.FQI/C(Q
M/"]R9&8Z;&D^"B`@("`@("`@("`@(#PO<F1F.E-E<3X*("`@("`@("`@/"]X
M87!-33IS=6)J96-T/@H@("`@("`\+W)D9CI$97-C<FEP=&EO;CX*("`@("`@
M/')D9CI$97-C<FEP=&EO;B!R9&8Z86)O=70](B(*("`@("`@("`@("`@>&UL
M;G,Z9&,](FAT='`Z+R]P=7)L+F]R9R]D8R]E;&5M96YT<R\Q+C$O(CX*("`@
M("`@("`@/&1C.F9O<FUA=#YA<'!L:6-A=&EO;B]P9&8\+V1C.F9O<FUA=#X*
M("`@("`@("`@/&1C.F-R96%T;W(^"B`@("`@("`@("`@(#QR9&8Z4V5Q/@H@
M("`@("`@("`@("`@("`\<F1F.FQI/FIO<W!E:"!T;V1D('-H97)M86X\+W)D
M9CIL:3X*("`@("`@("`@("`@/"]R9&8Z4V5Q/@H@("`@("`@("`\+V1C.F-R
M96%T;W(^"B`@("`@("`@(#QD8SIT:71L93X*("`@("`@("`@("`@/')D9CI!
M;'0^"B`@("`@("`@("`@("`@(#QR9&8Z;&D@>&UL.FQA;F<](G@M9&5F875L
M="(^5FEA($9A8W-I;6EL92!A;F0@53PO<F1F.FQI/@H@("`@("`@("`@("`\
M+W)D9CI!;'0^"B`@("`@("`@(#PO9&,Z=&ET;&4^"B`@("`@(#PO<F1F.D1E
M<V-R:7!T:6]N/@H@("`\+W)D9CI21$8^"CPO>#IX;7!M971A/@H@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@
M("`@("`@("`@("`@("`@"CP_>'!A8VME="!E;F0](G<B/SX-"F5N9'-T<F5A
M;0UE;F1O8FH-.2`P(&]B:@T\/"]#<F5A=&EO;D1A=&4H1#HR,#`Y,#(Q.#$P
M-34T,BTP-2<P,"<I+T%U=&AO<BAJ;W-P96@@=&]D9"!S:&5R;6%N*2]#<F5A
M=&]R*$%C<F]B870@4$1&36%K97(@."XQ(&9O<B!7;W)D*2]0<F]D=6-E<BA!
M8W)O8F%T($1I<W1I;&QE<B`X+C$N,"!<*%=I;F1O=W-<*2DO36]D1&%T92A$
M.C(P,#DP,C$X,3`U-C,T+3`U)S`P)RDO4V]U<F-E36]D:69I960H1#HR,#`Y
M,#(Q.#$U-34R,RDO5&ET;&4H5FEA($9A8W-I;6EL92!A;F0@52D^/@UE;F1O
M8FH->')E9@T*,"`V-0T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`V-C$W
M(#`P,#`P(&X-"C`P,#`P,#8V.#(@,#`P,#`@;@T*,#`P,#`P-C<W,R`P,#`P
M,"!N#0HP,#`P,#`V.#(W(#`P,#`P(&X-"C`P,#`P,#<X-#D@,#`P,#`@;@T*
M,#`P,#`P-S@X,R`P,#`P,"!N#0HP,#`P,#`W.3`W(#`P,#`P(&X-"C`P,#`P
M,#<Y-3D@,#`P,#`@;@T*,#`P,#`Q,C`R-"`P,#`P,"!N#0HP,#`P,#`P,#`P
M(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S
M-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*
M,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P
M,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P
M(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S
M-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*
M,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P
M,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P
M(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S
M-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*
M,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P
M,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P
M(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S
M-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*
M,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P
M,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P
M(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S
M-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*
M,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P
M,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P
M(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S
M-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*
M,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P
M,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P
M(#8U-3,U(&8-"G1R86EL97(-"CP\+U-I>F4@-C4^/@T*<W1A<G1X<F5F#0HQ
+,38-"B4E14]&#0H_
`
end
</PDF>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----