0000000000-13-066605.txt : 20140228
0000000000-13-066605.hdr.sgml : 20140228
20131206110854
ACCESSION NUMBER: 0000000000-13-066605
CONFORMED SUBMISSION TYPE: UPLOAD
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20131206
FILED FOR:
COMPANY DATA:
COMPANY CONFORMED NAME: American Realty Capital Properties, Inc.
CENTRAL INDEX KEY: 0001507385
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 000000000
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: UPLOAD
BUSINESS ADDRESS:
STREET 1: 405 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 212-415-6500
MAIL ADDRESS:
STREET 1: 405 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
PUBLIC REFERENCE ACCESSION NUMBER: 0001507385-13-000004
LETTER
1
filename1.pdf
begin 644 filename1.pdf
M)5!$1BTQ+C4-)>+CS],-"C,Y(#`@;V)J#3P\+TQI;F5A%LP(#`@-C$R(#'1'4W1A=&4\/"]'4S<@-#8@,"!2/CXO1F]N=#P\
M+T8Q(#0Y(#`@4B]&,B`U,B`P(%(^/B]02;A^AI'=SBMZIW9
MXG@('.>_]Q9O#N[SS!EG!P/O,6R6MG20Y1R'/]>+8N4V(!G'L=E_L<5ZXR#-
M$_QDH]N5X"E.MF;=0")P4I5N-*H.#U#!?^'R($N2)&$5FMZ./3MIT$I^IS&T$)"F.LP@
M3B%/H53Z]?A5&=P:OTRG!]'
MU79U2JA^(Z&J)U3\-T(O,7DN1=^_Z3RRQ0*%P<]SP`(E1Z]H^Y>\\Q$R>F(#
MA^T:L]*N^SMHS8A.K^M.M,SZS$EKZ2.^QE[LP[L`#`]W$4#Q!@`5CP#^$6``
M^DMFH@T*96YD)R=65MOX[82?@^0_\!'
MJ8AI\:+;05$@E]TB;;?=TZ1='`1]4&PY%M:6O);<-/^^,T/1EFQ1,4X6<21Z
M.//-E3/UQ?7@3L!2A_?(C9
M2XUO/UY>/'G,_XL]_G1Y\0&XL`^?;MG4@>"F:IIJ/0;"2HXE#Z1F"@0'FB3W
MQ7P#X3PP/RH&A"F+`+P(0K;-+R^^?,?*RXL0L!,[6!4A3XEL!KRF]^OL)4_8
M7<7^VT)FT\\(]M/M_1T+!@#)).'`)@H3+A(+Z.2G@["[66EYNME%&X%B\;$@
M)W%T2NRB34]I[W(_\F:^]G+X73_[$R'H<:'7LD>_(GR./,GJ7?CQ]ZJFGUUX8\4C[L7[%]
M7)=H)N[02D8QEVD?T*A6T8A6<7A(3@WE[K-%N?W*KD$[\ENYP\\KJ,='D/#X
M@1*K>P>0B!4""Y,`JC=RAH@/M(;GV9/7+`=8')U@(DYYV,,&R[C9525%(H\V
M/'D?(4)69.BJD4)V5W&
M=["Q"/Q)Y`52NB!"",>JSWT48C("4<=GIGK::S'DB8/`;H%DH8("8@_ZWU&W
M_[@<)*.3#4YGPGEQ3'N-F;'&S##IKB'Y,T@Z-"*N9*OF#7(-(G>#\8NY!LFX
M@FA.B;JB94C1D%XAVR"T(>'N2UP:2S8%1R<!+UF3B/R33@R9'`G_W$2%E4*'#K
M"^T$+"7L#_O[&]RU-`ZBK<#JC1XS?$1-&+V6$&%S^*47?"!2:(=$IQ_RI?*>
MB4A;*$"DR`)7^$'OTA@$3>/*/)4J\KS+#Z>>'VJ"K(>"B(N>APJPV@J@RX,F
M%7Z@DG#P44\'Z%$54F,'#WM[O/4520[*R6#O;U=S)Z&\)FD?TKAB0XU9JYA.
M)5<.Q0C@K_A4<0/8'8!]5FP2<*PY4/.#0#BKM\)RUMUFC@E7\,H@YE'8AZP0
M6+BW9.0TFJ)#M[=WW&AJ?$QK2X*.$QZ'9S$2XY6<@[!.A9<*Y>KK#_6-#N4<603UDU;$%'LS4UL(7MR_P]!8/T
M4"5HIFB%%'5-?\#;"VITUFP_9WPM(!3@:-YK9D82?,I:\68V@\VO1;.T*M$D
M9@$VS(PS%:'$00Q2*`-V(F[Y@0'A*Y,IJ;:3ZVC@#1(,&PHC*R]H2]MS1O"'B)5G&$2;@KE9F>IZY8+;:E^0-&:8&-KMRCL?,EIS19L6B
MS=KYWH09GC-FW*US^)8N!#!1S#0,0R];H1E?:RRVP()2`3SR1UF@;@_-0=.:
M,_;%W@VPW?8%S4[!O:+JQS9[L0"P9J_`=UD1P=8XQ]V66EVCY%"-S-T$)CB9
M^WF54ZFE>6Z/TR82*6:.A4G4KDY$V%JXC5N;>7.$\FV7F=GC0%8MNIDTMU6'
M5B!4R!;+O:7;FN].-@%MO>KKY$PV:'*/:9N*_,:>]WEFLL+><^P19;9,6'3O
M&!DFJE"U0D;+11KS5!]M<$]-`=YZ]VB+C7NWF>>V9@?=HL7EHM07)S')1WB8F[?99IBCV:X/)BLFU'U0[.`Q6'JH0R^
MR:0S3TTCIRRS_5>&A2M1J'\9D1)8:KET#QID:M@.%*'D'=I*3MLUX3WQ_9P
MK'9EL[_!AT>7$C"ACX@_56)HF+1*P`'H3I1_`12,.6<-"F5N9'-TU!J=::LJ&_^_+608AF%^?[)7`,KN5DO14@AH_]IJ1%,B+XU%XAA`CLV8D<-35J701RI6U2,)8:+PQ^&$\&U]488ZD>;8]*\U
MGF$8AOE=J%Z!M+GBT(S7((S735SZ5UI`-:'HM1H1#U*4Y#V-PA!]HH5HAAS
MF&;O-"D2[BA#BDH-Z%M#6\@,F4E&2,?A`PS#,,P+V4)7B*3HCRS=@8ZR2(ZS
M*3@UNRK"D0!#UE!P7/^UP56:F:-.C6G;T3PQAV$8AKE2@Q3#!Z8H74T\,!HM
MDJ+8(3@.Y:=Z$8LT.!XI`/X3-M$\!Q^@&&81AF(VM0<\BE
M%I(V_20O;OC"Z"9/$O`22#)S:%Q]'L:#8
MR&$8AF$600(.WM0A#@'S"0B)`0,:P]"-228J@1T]U8
M#P*&QZUM18T@`XI`J$9H=JLQ#,,P[1[R+!IBQ,8TV?G6&%0<;Q0/">'81B&.2+`'&;)*!PT6H,1:@4CSZ3N
MH00UA6"DN""-#SVC3;12N*90<O'2##,`SS7Z"ZRPB+,TH(-$<**-N7EV"Q%H'S3VZQ$IU55*H`52HZ
MK%W0@]E0O6CZCB.'G!66!W(8AF'^8*H!N\>0.9U[1'00@$)4HY:8RO.QVN?<
M1FXK8<7/0HFFFX'4?IQP'"B@X$0!&+$6P+#B,`S#_+$4*ZZNK@B@L+B:`-=,
MEN1@V"Y_"1DW5-(@9`N8AJW(&(4(59H>8,"*PS`,\^=2-$Z7*9NSJX*KAQ6H
M#35ID/Y'ILT57%_(@.ZS)CBE&EV;X'@O2RT9BX(FX/!HAF&8/Y-BT+Y)1JC3
MB)'IJ!*CF*,6.O[-&9O9H^34(QNACJ!'#K99P/"?`US(#.!`X!H0;%P%3?1;:':99B]>@.(9A&.;S\4#YG#-(
MFD@STFX>.++SY6R;60M)2=5`%S&R#6@<'4(Q\W_Q8X9A&.:C"*#K43.EGT&U
ML7J,XT3Y'>,L6%RG;=^7*H0OQC<-BD="P\D)SG+#,`SS!Y&D+#CKT]5J`3"K
MGCY/<4$BA::DK)A>C4C0B4/6Q.U:B1G\OPXMFRN9V;7>ENZ_U%SW2CE
M.+/"$OG,;"Z[F`&$WY^"AK#,#_"HE\K@\LY-)LC2A6"U*A#WQFV'`'':P(H
MRO!9FLTC`%0YLN)0M4_#B5'B%:6$BE0/^>JG"8?8FAQNNU42$=WZ8,
M\PT$#!@HTAS>XBS-V!YU]*3E;W[$BA)MJQ&#UBI^:/8-[O1(@@,'/@S_3G!F
MI:47P=&NH=`^:=C4OP&C!_0S%!SK&PZKEZO+RU#&/+$QYX3%9E%>@L4-M?4,
M_K??R55-)1G?.\QHCM_;(3AR[='U9@KE4\Y8;D.PZY=AOH$,^'YGVA."\Y8?A>XE9#%ODES:U0EG7&6BD,A>DU8-G:AS)9@[[DNDZ$$K],G@[B][7&L?
MU9BOGQ:&8:JA7,[H5T@8OYP!8FR6R#\1L&PH6"TE2C<`!H(7D@H7L+?BH_B!
MX'1S]D5PCKYT^["YY0:GX)`'[3*^Z/M\8N)\?5F",W\OW3)Q"'END03G>L]7
M.*O;EF\;S628/QF/]6ZJUE2^TWM3-#[U_]`$&;)QR-UN,K2'69%C)(/]RU\R
MOQ%O!$>B"XLTY><$QV0D3YU,
MH]OQP$ZU3^*=X!0L`XM.K)\3'!RO!UBO/KO@=/_7R190L.6$O0A.6Z7=ZE?#
MZ2XX8X]3RL(65L#SQ1CFRU2#$=&&_-_8&T`*4(XD_[%Q?%(XS$*6X^B?>"0T8#^)\3')V0^.12>QUP
M.4J*P3DCQ?G-17!,VV>A^&C20I;BZ84\UV!1E
M%YRT3;)9]]J/@P:VK48A^`YEF"\2J`8.4$DTFLR-.6ZT_$??Y2(J39,VO3_`
M5!>!^1`"#M*M/^$B.%UQOB@XU=PGXO@E''93NTUP<$X-`=N&_T)P\IJ)ED!P
M1@R&^1I%ZGJ46"A@`.=G%QT/1WU!#>&?>L`"]D;EEJ0M\L2ZSR'CA,N$LUFP
MU,5XE9B",VROH7VN@N`KA9,@,*$W(R/RF5+^BNV:QV-9[KR[?
M3`,%76/GB\;]PQ:43(*CSM!G?;M9,MZM8X=G.%E>@A(WQ7!SR))F=JX[<4_5
MUK.KM?>CN4OXUB>!8?Y$/#YW"E*A:6T>6H]0M9I^CW0D*R%\ER.A.&@FE"/?
M?A8PGM\TLO&VQU[K;]H3\Q^@I&"M=>L&&8
M[\6+--P47522JUF>X:P`L7KKE3!??[U+$C`%\)K@V6?CT-[)`U(QV[SF41R&
M89C/1+7>/PE+DM,Z_((I1Z:K"\=W'(0:3'!"?G&2=;%")1]J3S-`)(J;37.`
MMVJ/HS@\TX%A&.83H7S0LDE`HM%2#!M-6_Z.`"&`SD4I`*&^X.VJH2E6;`8.
MQ@RM(5J#D4)^?HXTN/N/3CAE&(9A_BT,1JEZ3!Q5`\5_IFM*LV;@1`$N-=5Q
MU]2\?PMTFP5G\Q&D=.?L\`S-F/)C$GH`P&DY`=ASSC`,\WD4=&]97ZU"1Q:.
MZ9\1`WV%MB@HG-U`P62_6`@:'7*RR4G6PL>]%HEK'_+0L=AG_.2O^NX8AF&8
M_R!>Y*-JF7IMPP/CQ)3<5TA""Y-Q>H.O*5CX%<4I1IA212P65(RPI[\J`+GI
MG-(Z1J44Q0Z87U0UAF$8YC^,,C@?!H.227&\/^(M6PA8K``:A)*N>N?@[\^U
M3@`AYJA<,Y:2!KBDHW(XBA.MFE,$'99FX[`!AF&83X,*`I@Y;;M$=QSWHC1>
M:`>@M8S2EF@#_-U\N0%4LH'J21LC5;@&!600J#]QY@]!]]I+NEZ&81CF=\?A
M`+WV?N;ST$=ZZ>T]*(O?FZ14CLZ+OY=]!O-DF9@5IM42,B1Y$S0*5,-L\M*A
MJRWHX["<;8!A&.;34-BU4T4"3Q-Q8NO_7U;*4B@
MN2;,:..?4IDE$;T4X+6PF/\71V.NBE`S%@]Y-4N:?:.8M*]C+&ZHS'B/5FE+*:5Q9H[4R):'D]D/C8TT6;O$&01@991,KH;5LLA.4
M>-(SC2IC>_V1ID(4^-0_::"S0
MIE951H^6B>Q.MG"=0)-`*=_42+9_FH4$T'3G27#0I]8KG\12@A/^J!P8S3`,
M\U$XP)(!$;-%XWB^C(>43^N59J5X#(VF8#7`FO)-8OI,T6:WT)Q-$U"8=CVI
M4BF+I6Y`@=0"0'GW%)+0LPT$%8/M;K6VCM$\B,,P#/-!:$4>-66TRCFGLS+:
M#72IM;5`6]DE`8KO%>&KLK6$IBS=!78I$.W`Z*Q)H`1HC?\T6^=!2*@L3L1Y
MGUV\L%4\B,,P#/-)8!D"-V9\^FA<4Y_'&3897#*8?,8&):DZ9RQ`PS%HQ5!1
M@[$FV.U'AE8C7YWW*#JN/$_I])C!4]B::2`'"]4'X$$F0,H5M-9]D#U0S8H-L78TTMEP7CA0.T6S"CC=-"&J6M>YXR
MFH0XJHFX8:%H`BC/Q&$8AODD<(R_NGKDD=HF%JQ!\$`2WO:@:.]`HDEC#P5D
M#5&6Z;ABV[;,GU*#1RDQ[0_PJOU/6R
MU;_:S7]E#.V_THXW_,>;QS#_':QN8C,RS=0@H6;QW,UG\"51[AME'(:I-8'1
M<&I+77]6O7QFT@B/B:C1+O)&8`6"D)Y==A08G8Q2:&XU*RIASIV/?)1SL.TH
MC3\GR984+WB_KZQ5LPM#FN>BX!I+L^E3CPO,VQ92+B]K-/OQBJ.W!?JSKWIK
MQJA-1)NF5KCX=E0M7UHUM[4:37LI9WM>6KE3;LUP838M;%EU.U.7@\K5I
M9?M8+T=1DZ?M^K0_,?U&NURU=#VZ<7>YK9%]G^7R@X?C8YA?`J=]^J8AEIZ,
M8(YW>H!%<:SS7D$(ABPK(/SW*79Z+X5RPY3+2ESQ:^59L0%'OWI?4]2VPI'D2FN7
MY+8%4*YN:Z!SLM[W0E7$JQ9BOF.XV_?CZE:_MBQ-?GX)B-T?N^ASJM8;`S9Z
M;"UOS01E'WJS(F_M:$?;PR!M;P[]V3==W;FRLKUOI-.YW+$)KHG_PGZ"Y_D\
M%V!&\Y7CXK)U%\I:8^?!15R]>FG504F;YGE<6EYI.L)YI]OM8]_3>:TI]*8?
M6-';^+GDY)'\]60SS)0JZK;34&F\S
MB<6=K7AG5NC>1;3GT5G*WADN7O?2P2.]EQ5AY=@.M=]E.#/;DH^_5UXT,VK"&,Y=I7F&QOGT\PR=<\GPL/=(?;H==XVX2F.5IUBEZ_D?%ZO&[\
M=G13`?OOUG.=+S<;PWR-GF<@DU>GO1&U>UO!&\$)$-"^;H9(4"@[@#?LYGOH
M#W$N11=8PT`)K(F8]5/A_!J0QL?X)@UT;N;2>K?5&"OWB;D&L#]1(>44Z?5R
M/-C8YTFU&/TF]=G0#)N<`M6&6)MX+SBF0^=1K<5#<&@7]`;;=_,D.'`V0_8>
MUE-/GEHKZ'W_V<])5L?>K_>WA4<:*9R@R)$'O):Z*?3$6`T%%LYMI7[
MF%]LYS-0+O.R3O);P2%],?<%:\DF.'0W@DOS_,_%(^/&.DUWP>DZ8:A5>)7E
M]E9!2\GVF(H3EJ;2$>VGI&]H63^D1:^"0R\2.M`Y$*N9;EZU2%=M'-XF.+0G
M26O0S\8I'4*UVL."PWPC"=]7UPWEFQ:\B1G`+T.VUAJIM#;-(H(HMBF<5?6Z/4\)'2IJ,R6V4B>]"`=KCG5I7H\RH.YHO>:P_A+P[;+R]
M/M:U>X;HG7XYI?S;PZET+?WP1GOSKD[<=>;_5Y
M43W'&(XWA2VL<#B>9K=Z$YQY5*0B+\&(.'%K>ROI[21-:YO#78U!PDI=Z7).
MN;FS'PG.L.*V5YEA7@XA/06'NOMUL8J>#T:Y*5BY=\C89>NYL/IQQOQNR+A3
M2+K@S./5FTDT;:GQ*8EGP0F;:%<'_3CP,)8K(:IYO*?@T!5;/KG333OMY"E+
M+#C,-Q*;-.3EU,VMBWI(Y=RIS:[1AJ1&H0O.Y+VKF$,_5>7VW&]N`!(<)75Q
MPL68@GI7++1U#/'P^ZMG^3SO\>[2:'W0/-?VZ;&VN]ZTLS%/]@\%9ZWO9J^Z
M!&=P"LZYXAO!Z>M?ZDFDMP:.O/;#UDUP!N224L6<_39V
MM?I=@>G/-*NG#N?6MP'VJ5%WP;D3=ZL$0W'ZNK![(VF(
MZ]S-ZNX3[+W]$)SAV=1O!,?MFEUMW]#ES>:(\\_S_O,7.P^]%6K?S6P0"P[S
MG41!-Z$-(>;:GNB<[\DW3[0PE+\38M%2MG[T>.3SC3*V9_\QY\'O3!Q.FA$M,`]V%YSUP@Y7H5C\G.#8+PK.
M''ONKA<3\QQW?CHL;"L.Z6UO(.A();.GJ\,[P:GFH4?;!6=_`>GSBU>_7>\9
MRR-OBLBP]FX/55H]MIM)&`
M<9_3"&U'Y.`B.!@VXN=Z]IW@H&NL[->'KII]N6JK%?>[8JD6?J%.OQX+#O.=
M>+%>L:")B*JOU:77W2K;`X)!G!HT3A0U$=;37O1RUA]6AF8$S7ZKW?B),@P$
M+Y16KKZO.M!#J-/H)SS4JC]N(DX>X[M28C#J11U<(/QREY>RAMW\1%8V=8L:L^>_8F.#+13^G-^9W@T)OVO7O6Y^EP
MN[]MO/^O\07Y9D0)!6>-`5&BI-WP,S5?3!QL6NQ!<'43'`R#>'0OHPR`[\VS
MK\KRQ@!:%F?GO"IX[M(0F;C]/3857#^#=?S]*CC=EFSWE%+:SR#"$2$RKMIY
M5::0W(_NHD3>KW@X%ASF.W$H.*#F6'UHS_^+1SVI.>!HO'?XTD7=IC>KIZ@C
M`71_HT[:&#][!32#`@[A2!S^3NV1>9L^P+8[/D_IHW?<#TS?Z<7&2J6P1ZE-
MP;D:#!L_$ARPSB);>-/?%)S5MK6+2^P:^(=+0AWC33M0<`H%[Y+7ZZW@W-[\
MB3U*[?+^0^]&RPA./Y#D*TL`\,Y-F_F'4-/Z8'U3G"4XY];K564O46J/I9W$
M0^U``41^<$52+FJ^#$TDV<@.+Z*#C7&$%;"],30XBQE@9
MZE+Z5E0SYZLM*H)Q1HZ'?IOBT!'RVI))2Z_9_NY>B7)[D9@*UIS6DE"B`
MJSV`[D>N\M^4+H=T>9-L[W
M"`[)PAH?^07!<7W$Z'(.>M/2L'$>!*=H8SO4F?\3@I-)53R>OW*S<`XR<4A[
MCF?!V6<+G=?]\:J]%9Q\%9QCVC@L.,QW8K`X@753<<.&T+7^BX!PU.F/4,"J'4W)SJ;DS0]!3Q/#Q%X*S`I_]&@3Y
M-9>:N43->6NT&CW8JPK*;4K/_':\CDP;YZW@;)-J%IM+S>[?C9DL,\C@3=?>
M!6?XO-J1;)Z^(GLO3>,LT\093>MJZ\H\F#-8X@S6I\U<7&JO)Z/(1Y?:Q:@:
MYF@>)Z!)*$9==//K17#(Q/'4F&?!P8"2[9Y:;M7DMJLV(NUWP=F#-9:\#L$9
MIGADP6&^$Q0\MG?WMU,)N
MX^@5-""G35(P.M.L<9_+(,WK#?H2RE!G;,`]:$"M,9S2PYAI#R^"@ZT&H&V^
M$YR^FUH*316.MZ7IG,1U#M7[3!IM!143"T5WT=;0,KV#P%GXNEF!P%X'+X&8]SP0YR;3^VW
M."]N/1XH.$>R9ZZ6CQ2<[?3&-8/Q\;'6MW=_/]ZF[=[5Y/-]^@P:P`V?4^>_
M&!9]:7)^>'V_N?+B.KB^US*_?A2F55O2/@O.`OXER[#W\Y>:GL.@N*UUP>EHA%)57P2DK
MK<^SX.R>Z=-@O%^UWI:U6R?V:XUB*]>T+;^.X_K(,LP7,>:HT^G;'DW_*CA*
M8*"`I0_
M(#BSFXZ[5?KBQ0KH8>K@37'F`1M[G8KS)#A%BP>-NPM.W5OGSSZ0\NFLK&0E
MP)CY^4YPT);?6CH:='K[9C:ZL/9W;OT'@G,78)J.NJ+<@^S"0-'+P_(IE%HB
MS],WW^;H3+P*SGG(SX+CS'FREL%8Y!D$>;[9W"9^SJ.+YRS04W#ZK%P6'.8;
M0<%9HRI5N5?!"5(9*>(0'!L5[/8L)#M"M?N9YC!+W2P93`%M
MY.KJ>C<$FR.9!*?M;61F:7WG!PJ.$=)V@S*CSP+6M$@(>9'Z$T\OO3KD6G.T
M9RJQ/L6"XE^SVU*8;8)#0;';;)6_(3CZ;$8>.1^:A=K#;5\]-H@Z#3$:9.G=
M]2DX4W%VP2D4^IXIQ^7K3&!*#-[=>3ZCC4ZTED@VMQTE^%)S9
M?\^_SP&TV;1X&:7J6P\]2X-;/C#RY*6M>2^CGG"VJN=7K\><160Q!8W;BU+;8IMX!KJE#\C'U6=PWG];`
MTR8XP^FV)^\$@)5L\C70ZQ9NUPN9KPP#/>5,7W.^A(]MZ7Z&W@B.WUU=8+9!:>?7A82LUS_49P:MCB7?5R;%6[=Q7J-%"W3`/D:ENY2GXA+%K,KF:Y%
M]WDX55\V)V=_O0M.MW.?LT7KAU0!]VS1]NB)]?=W\]$IQFUK*KP+&NCA"VI7
M2[K3TEC[/("X)W>K83\AT@]'WE\*SI&V(U!A^?S)GW:[2^;YS%[O,>[SJD6Q>3"WDD'5-%IE
MKR71'";IV"]]L]SFB1JIX/QYJL)J<:^0EL\#*WIK9TVVWU/[[FI^O6JW<]#/
M7?O9=G?%RQK8&/5Q"::8?PU'@_A)8Y%-\M/?,PU4TQXXZ9T'RB:0E)`QQI[D
MURGK9),3K?7(BJ]N00-@P%MT+(#S,'[>?E;.S_=VA+-KJB^[
MVW]^]G+KXW6OVUK;3NKSY7TZ'65K9KGN\ZBWIEV/>'W:MO"^I?6Z%FX\86G2
M'URM])PK=C^ZX^5GUWW>;QZ&
M^1*8V@;!62&8@+'9W+?W-1Q5,.T/H9A&.8W)`@TK+5T
M1T'/ESMNV:*3BI1,%V/'1JY!M'@,EGJ2F.<=RZIAT0+\UZQ_\1\01C@2)@4V
MXK@/FN8U];(>&#&`Y3UEGDX`*D]0Z#O,H(/QTO;CDG+1IG#:24
MI:[U6@\G35O%&]LL''0]%VFR:Q+D[8RWZ9.DZ5]S?EPCDA"LU#[V@0F'AI3J
M-4"!2A;,F3E%8GF"TSR"4ME[S#`,\S$D49O@V(Q)`>P1FQ$C]U!DK!#0_65>
M:SV*%Z+0Z)B,,%Y8C=&ZS7BQS5;!F0U-<]I'S.9(6J6$<4V@,/"`@ETP=FD$
MSC@,&]@*R&,A@R.!LQ:3?.+DP/*^-@_#,`SSFY&;A!09,8PSE!I%/I38!*?U
M_<(I+95P`#%(4H"HG(A1-=%I$B%!FXBI$I?@Z*8VL?\IA061'9CDA*>A5:RC
MTP6GA_9N00,)XR_G<'E)1GUBB6F&89@_EH+IGG6HV?4(K]IRC6Y3?5J)B7&V&BAI/92:*U'M:9P"@ZD%\$!=QWUIZSY
M,Y/NK7*DPPDY69I(,T1KL[RJY&DX#,,P'P0XS#5@@9+65J7J91"GR8`W=B:>
MQ<3`*F!JM5E>`Q3(9>&877!D$LW\T9=1F)ZV?6SL6@9E)&>G/*(R>DT%JCDJ
MFF$8YH/H1:8A9"H6XJ`<(,YOJ\.X:%@VCE!6*J^@.[L35^,M::KK%$K73!A*'-U'HJ,\PP#,/\KGCT9#4SIY#@*(F^
MM4T+
M!VX2IBW`3S7'\JFYHAF&8?Y4$CJN="+!*0:++Z6M'E4S/%R(T:$W#2+YPV!6
M(BF2\J7!$AQQ$QQ,76-@;,S+-0GGI8C7@>$$-.T3E"G>TJR="APSP#`,\TD4
MC`53'J/$#!;;;=*CME*->]%AA?%I,H1AG&!9&ZSO)'MJ&\AWP:&@Z%'2,P$.
M\]R];,>V'X_33%.OC8NV3>7$-@S#,)^%U?6@Q#:08Y<"=RW"5G(N*#68^X:*
MJ?6%41!9`TW[
MY#P##,,P'T7$!#(!J$1!)]]%(5/"30V`FN.#P;CEW`=D,*VG>4K>*8V0JAF
MC<$<`:"%!*K527,WA[_-^3YH@PG4/)4GP'R?.(4',)!-*$M&DH"VK8?8LT1Q
M",TFLCTS0;.Z"L_"81B&^33,;L\DC%<.8A^O3Z!\2M%I+?Q(%0"@O;?TMY[S
M.#&"@&*A>P$VQ2YF2&QV3/.-EWQ3H0>0Q!PJJ@\<]0H;\>,SIF8$^,/%*PPZ%'_
M4T'0U_&A#H4,%.6/8*W'&M;H7U.OZS$,PS"_-45NA3435>9TXEQ42MB`U@P5RI'2YMRL$XE6#\S,TDTLLI.21G"DTMK1#TW`4FX/53R=$`7K
M[,2^/]<:5)_68QB&87YOMN'YW`P7DUMW#]=5I+&'5EY8OVH5E"/Y&-:TSN%7
M$V+B.6>:/9X_:OT8MC?.O^F[97#UZYT*J
MVZ]?_CX7[K^^;"@'[WS(=6RS;.2\UG'.Q_6;^G9CSZP-OOD^1VS"#ZO^]8,M
MUP4^S@5U:W7::[5?3AH=!A<79/Y0XNKMZS/^'J)JU2MTVVZT>L:5#8E+?#SS-1V.8SV>E92X>H\4RX!S,2S!9!8T:
M$REFV6*ESFNLF1,TRC,S02>YYM!4-PR?]F`:]Y!B@$9P#+Y='K&/!-GV)"9.
MW/DOXD6?/'50#$A7#,"X#D+-94BE0(\YQ8HR1.C-PAW+T(@=D8\T>7C<'6$5
M2^I7?KRU'%0=:8>VY_HZ9%^/_>-:MLZ&_*51;+=-WM6INJT)SW=?B6JU(&P_
MH@7FI:;M%M9?*<"F-SIA)(W"9%'P,)S),)^/I;[D?^V=[8';*M.&:8$6:($6
M:($6:($6:($6:($6:($6:$$O,P.2[-W-;I+S)/O&]_7CQ+(D+.^QN#4?S'1C
M(Y6VZ<;3G'//2A[S295N^N94FC==ULGXA_-S2F=ESGDWS87-9^X1\+]C3ILR>8=S;J7%O;*3"T:<]F^FQ_TQ1B?[
M@-_]@N"H92%MP:'Y6(,NTU_?D%`_`O4NE9*QE=,]TWC>[%H>]WPPCK[N%2-_%(^IZU''7)
M8^+'MVXI1WJEKGW0,+IR7IP\**.
M$QQ-7EE^?PE.UTJ_&T"_"3&D/U]^QB$+B[_6;8QZ?B,CJ0T[C8!%R/6Q!8>.V#Y`A>')[^_"4_V@;`YZ!AELAO(.:D5QNMP.F7PW?KO4[KQCX50^R?4M..W,
M3'C*6KX)3C-WJZ^V^^NTJ(R]>_1-]T-47]\A
M>]FC9=7-M]^>>;Y1D(!L[?AIQ&)"Z9
M3!I=J]Z_!4YA%]>KO-'C57+"KRPURA'1JT_L>X)S-+%QG@4G6B;L'\J7!(?C
M)SK^(<'ID3/5)-?A'<&9=U)H??1I>,E!U;`U>`J.=%%?2]:0-0!>$\Y,J\&O
MW`"YD]XM0[.@7FG\0MM4CJBGC1.'A&&\CM:XZK*=AL[]6?>=83P]Y`W7.'6'
MKD.A,<%W@.?2P&;-5(48MGDZE<>54B@KZ_QMC-YJSH$FXK9/'4+^0'!$<7Q\
MIV9M+=MQ<:ETB]BK^I.`\ANR?0CH?_EDDBS)<^1,[KG1&
MJXZU+G4)&OW!^K$$9YD\;`*:D`UB..!5B0\N[*SI1F[FX]4P967Y%)5R#SI1
MG+](CH!S-CAKOOM5Z_/.D`4[GLN)IS6M4?AJI;?*^X'!4_Q85,2MI@*^B2(F_GTH:
ML`\Q11K^6JC9/]`>SM"C+H&+M)(?Y"N$AU-):41]?20TK5Z3T4QPU&XU?]::#_QVR\I(%Q)^IQ_2N]SK_?W\D+\ERS$[?K1S_:2W!XY0\?UML>7NTP?PLK
MP?NY+$:@S/W;CY/^2-NQ+%]K>+=43RR<<0MQ*:D7M?*^^0^`UTP8F?PUFOC:?([:C4!L>89'VRT15JE4.WMS1O4UJ_&6*Y&V*8
M\E:+5+9IE/7V/_F"X*<(ZK9:1JTLCGCFZ"PX4&7*ZM!'T:%F>V7#&GX'2OW0=/+.1&(R.JQCKW^:5G(^C'7S^E)X2\8'6BDWR12_)K%!/FGX.6D]$-->^/!0UOY2(<
M%8JC2X"!`UZ68<_%_?/&FK<358P>X4>)`X<\P:7<,I7?=([GA.B#+R;[MLJ'
M[D,S"H1(TOQ5Q&DY@_WUX'2@04_63&_BLI<$>Q7$[2:T4O2$I!5(@ARV9MJ)9Y,+C&J2<
M5"<'>/S0P>M2UDKKD90EH:C\".L^>0RK097Y@!=LRU1AS9AIVY@8@\GE.C,:
M[]]45J2E<)>O/$TSZ:`;LOP@4P'\.:C*R`6=9:Q-_W\/11
M\]@E%/$#I^PHFW9]3+F",L_#MZ<6`BF?`Y2\`SZCWML3O#/*=:EG3?;R=`H`
M+TC73MSF[`K8Y0@/^V,;9T3O=+%MJDRW.2034S0Y.>/LCY*&Z/&1'6ZW\KJD
M4!Y+$\!O4M[IN00`^&90^;-IT>Q$TQ5+&?:S*E-3J9S5\Q%3]5!,\559I\/Q
M0YDZ%W+T*]/6CJ.@:B?X3:I%LU@`OC_L5.O3GI&LH?,QT7ZZYAV%1)WP.^1/>K%`/#_@<8!E,"+QL/EEI@V
MSD>)INN`VKJE6$X+A5)V_&@_=(P5_=!\JI[-#RT<:N`W^;31-`#@>U`HW,K)
MHP\&RO"?EQELSB=GO0E'^LPK1JFH#\-UKZ*/9.L@0PT``%X$FO)IR<"3O%"C
MZ,^T@#O17^5'/H2"-F_R"7A%8<:23P``>!D&]8;NVKS94?17UJF-SVMU4/CF
M;:"&R@NTST)%````_B&:M?UHEZ5Q2D"UGQLYG]/#VX]D'6,]X1KAX0!``!X+$`0``>#62OD7^J2;B54J$ZK/G7PRT#"JI:Z\@
M#PN.WXH3%%;K`0#`RY'.J'Z]2L@+E&*FXR_XOAK)C2%16>LDAKFU\1I!0V\`
M`.`%B2N[N4O[J+-3#G6V(@TR/RLYU9.E1&421S2B7RT5KT*59EGA"^G4````
M_D$N&Z=IV_(V<:3F>O7<"NNKP9S1N-V5C?SZWI.@G-U0L``'``!>E;CC.-W<
M'&IIM:UJ9+"8^&$KWQLM.^K^8;@:>W:IQ5M_-<>FTX!]`P``+\RV<<8]MD+>
M-'DUHB.KQ>FHM!I'!*:E()UL#/7ZW'CG=E9A]6Q^A$;:$-]\J)SOG;&LZ:)_3>M&X"O3[S"<8(=%:2AM6D.-I>_K>L
M#>K9````H'SE*\2?;)]JH3VEG!FE<]`^)9_+#Q+,6O8Z)*,J]7"CA(&CWNO9
M]/#;Q=D```#\&XP\U85?E63"(.,F*)4\.\B%J@Z<3`H4SFIAK5
M]E1<%LV72.9,TVX2O=J`$``("W3,T)E.]LG(OOVBZ]!,^J
MY!/4!@``P&\Q>HU^=U\SUL9$1&>M-&&S+N2&N`T``(#_@C%5)Z<8G#,74VEB
MRK7#L@$``/!?,X7G8D!I````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M``"_1A<&;PQ^,3?WKOW6_+?E7-JXCJ(7->?:C^M@V?DP?,FYG8,+:QL``,`K
MT:UA7"$5J,84>LO3Q@C&]J,84^DXKR?&YRDGC8Z:9,OO)3JX&SIXDHR_C1X,
M'>&J[-E`<```X/485KD8@M,J'"0;NDTA48:T8SB5I[IHVIBO?2DY:#7W'TK3
M_J1T+"49%::`#*/XWZ/P0$)WRN92O&*!*LH$`8(#``"OQQ0<$H-1-?W;-0G.
M?"_-]XHFFT4$IRO:,4V@2/_EC:HUVSG-DBZ1X+#BY)O@>.59N1(K6%'NSW\_
M````WX0E.,<122A$<*9HV"D=;."<@C,-H;1B."(X82M+4GY,P=&.%>:*VE:,.Q8$\$Y@E:$(=-'!&>?*`<.
M8UI44WIN@M.T7LXS3R9348IB/C!S``#@)3D%I]P$9QHMM@?%[K,E.*,$9\U4
M';)Z6'#$`#J6ZVT*3A]AVCCI?<')$L.),:8_^.T```!\&T[!"3>7VM&M"MKP
MRR4XZVBO*`>-!2;E9:VDP:TTBYXS=D$(CBD.,;/,SGG602'S)V;X$S%4=;/L[PD3$-P
M``#@=>EN+_RDK68MK]$\AEOK.(]J+65*UT@K1&VB-[NL!3UZHO?"N:U
MRZU.GL5:K@/MS68>%@QW+1CK1-:`:(V4_G3NTH2P3_)C%P`-1DJ#-K/*1E?Y
M!!K"6&Z=TZPTV>$7>=&+LDJKO@IXPIJ8%U33J1N;=0>]$EP5B_I<=P$A\_;@M.G&2-M
M14EP6+1$<(H(V;RPP1\2SY$```#\98JRUUQ?]>YEPQ/]$IRQ!6>I2J`)7V1$
M=BW!D9;1U$(ZN=4B^EEP.K>,/K:(3=G1)!=/@A-6V.1(<;8S1$IG9@E,2>=6VX%@]FM*K
M46@N6H88=-GU]MTBCV32?_PG`P``\"O\6'#FA*VGFG`Z@59GTL`;P:%=4Q&*
M#))&=\LO]JG@'"07Q;Z-X4B6P"DX:8[+@S$%8"/E:27!(M.;FH*TE
MGX-.BP\.-@```'^5X16G)(]D&V_03-T,3_H2PYEV`JG,BN$(61GVGGGVMDD,
MIRJ6KJ0=F15:HCC/20-IG>C8EF+!(;E07Q`,LN/F1M:<_1_)0TX%<:3X$Q9F2=Y(_I4)&D@
MW>/_:26J/0F.G.C6B2(X9.-\17#8QCDH@L,'%S9Q1'!(M#@MFD)"GKX`J6A4
MQC,!>0,``/`-Z,D9;7P2%YAL%$Y(\YHU(G/C56E9GVN)SEK#-S/^X<:KUX
MJ$'S]L36G]YY.)`"2VWU)7!:N,P$(9?9=Y`TDB6)2B!
MLFUI"0TA">PA].`FVL0TL8KK0/OV.])0&O8VQ[UXI/&O3S/ZY<2#AA9"`P&,
MMA#!VI9&T*`&8Z#QE$?PQH.QX+T#XZ"EC&F@]23Q$#1)"H(D`:(F2838(!2"
MUAK04'01D%;I&``MD5T+2$H3/6!#6[@&D``8'2`58)T%)*Z-Q(FTJ3-@B>>B
M!DN\QE*EI8H0J&(J@ZJVQ//!@R5>2P]+O#8XN+E1\RU--*Q>U+(;TS!MQI2H
M;IVG/H_'0WJ[->Q&Z^''\>4IK+_I.[Z[C!V9_70'RYC
M*M-3/ER]OQ_V1$YJ41X/5$`:&53&/V\>4[?_?O,TG/HAK8]=*;XDGKO=F*^8
MZU._3SS<4.>O^9-UO_/X]IKSF[K+N\N9SJ9F?A;.9ENZ']1SN1\U(`?+P7%H
M.'@.+8?`H1Y9N1\U,`69@DQ!IB!3D"G(%&0*,L4RQ3+%,L4RQ3+%5LI+O0>:
MK@#P95#+`[BZ3*W5\MKF^U,Z5T/G6R/4HU!OA7HGU#="O1?J6Z$^"/51ZI?8
M8*G#1FJQD7ILI"8;J7!E+UA-3"]4>7!E+TUE=&%D871A/CYS=')E
M86T-"CP_>'!A8VME="!B96=I;CTB[[N_(B!I9#TB5S5-,$UP0V5H:4AZDY48WIK8SED(C\^"CQX.GAM<&UE=&$@>&UL;G,Z>#TB861O8F4Z;G,Z;65T
M82\B('@Z>&UP=&L](D%D;V)E(%A-4"!#;W)E(#4N,BUC,#`Q(#8S+C$S.30S
M.2P@,C`Q,"\P.2\R-RTQ,SHS-SHR-B`@("`@("`@(CX*("`@/')D9CI21$8@
M>&UL;G,Z&UL;G,Z>&UP/2)H='1P.B\O;G,N861O8F4N8V]M
M+WAA<"\Q+C`O(CX*("`@("`@("`@/'AM<#I#&UP.D-R96%T;W)4;V]L/DUI8W)O&UP.D-R
M96%T;W)4;V]L/@H@("`@("`@("`\>&UP.DUO9&EF>41A=&4^,C`Q,RTQ,BTP
M-E0Q,#HU-#HS,RTP-3HP,#PO>&UP.DUO9&EF>41A=&4^"B`@("`@("`@(#QX
M;7`Z365T861A=&%$871E/C(P,3,M,3(M,#94,3`Z-30Z,S,M,#4Z,#`\+WAM
M<#I-971A9&%T841A=&4^"B`@("`@(#PO&UL;G,Z
M9&,](FAT='`Z+R]P=7)L+F]R9R]D8R]E;&5M96YT&UP;65T83X*("`@("`@("`@("`@("`@
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("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
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("`@("`@(`H\/WAP86-K970@96YD/2)W(C\^#0IE;F1S=')E86T-96YD;V)J
M#3,@,"!O8FH-/#PO1FEL=&5R+T9L871E1&5C;V1E+T9I7!E+T]B:E-T;3X^J'5!:DZ@7!E+UA2968O5ULQ(#(@
M,5T^/G-T