8-K - SEC.gov | HOME : 1-13006 : 31-1179518 (State or other Jurisdiction of Incorporation)...

-----BEGIN PRIVACY-ENHANCED MESSAGE-----Proc-Type: 2001,MIC-CLEAROriginator-Name: [email protected]: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQABMIC-Info: RSA-MD5,RSA, WcnCx5H8Uhvpm8FCPDKAwnVQYz2DK6yGD3q9tW4TM/jERmDuGenS9+KWU6t52M2Y 2vr/HkSx6n1hfT0k1tKKnw==

0000950123-09-060809.txt : 200911100000950123-09-060809.hdr.sgml : 2009111020091110164113ACCESSION NUMBER:0000950123-09-060809CONFORMED SUBMISSION TYPE:8-KPUBLIC DOCUMENT COUNT:47CONFORMED PERIOD OF REPORT:20091110ITEM INFORMATION:Regulation FD DisclosureITEM INFORMATION:Financial Statements and ExhibitsFILED AS OF DATE:20091110DATE AS OF CHANGE:20091110

FILER:

COMPANY DATA:COMPANY CONFORMED NAME:PARK NATIONAL CORP /OH/CENTRAL INDEX KEY:0000805676STANDARD INDUSTRIAL CLASSIFICATION:NATIONAL COMMERCIAL BANKS [6021]IRS NUMBER:311179518STATE OF INCORPORATION:OHFISCAL YEAR END:1231

FILING VALUES:FORM TYPE:8-KSEC ACT:1934 ActSEC FILE NUMBER:001-13006FILM NUMBER:091172489

BUSINESS ADDRESS:STREET 1:50 NORTH THIRD STCITY:NEWARKSTATE:OHZIP:43055BUSINESS PHONE:6143498451

MAIL ADDRESS:STREET 1:P O BOX 3500CITY:NEWARKSTATE:OHZIP:43058-3500

8-K1c92374e8vk.htm8-K

8-K

UNITED STATES
SECURITIES ANDEXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant toSection 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliestevent reported): November 10, 2009

Park NationalCorporation
(Exact name of registrant asspecified in its charter)

Ohio 1-13006 31-1179518 (State or other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)

50 North Third Street, P.O.Box 3500, Newark, Ohio
43058-3500 (Address of Principal Executive Offices) (Zip Code)

Registrants telephone number,including area code: (740) 349-8451

NotApplicable
(Former name or former address if changed since last report.)

Check the appropriate box below if theForm 8-K filing is intended to simultaneously satisfy the filing obligation ofthe registrant under any of the following provisions:

o Writtencommunications pursuant to Rule 425 under the Securities Act (17 CFR230.425)

o Soliciting material pursuantto Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

1

Item7.01 RegulationFD Disclosure.

C.DanielDeLawder, Chairman of the Board and Chief Executive Officer of Park NationalCorporation (Park), will make a presentation at the SandlerONeill & Partners East Coast Financial Services Conference onNovember12, 2009. The slides that will accompany the presentation arefurnished in this Current Report on Form 8-K, pursuant to this Item 7.01, asExhibit99.1, and are incorporated herein by reference. The slides arealso available in the Investor Presentations section ofParks web site at www.parknationalcorp.com.

Without limiting thegenerality of the foregoing, the text of the slide entitledForward-looking Statements is incorporated by reference into thisItem7.01.

No part of thisCurrent Report on Form 8-K shall be deemed incorporated by reference into anyregistration statement filed by Park under the Securities Act of 1933.

Item9.01 FinancialStatements and Exhibits.

(a) Not applicable

(b) Not applicable

(c) Not applicable

(d) Exhibits. The following exhibit is furnished with this CurrentReport on Form 8-K:

ExhibitNo. Description

99.1 Slide presentation for Park National Corporation, to be made onNovember12, 2009, by C. Daniel DeLawder at the Sandler ONeill& Partners East Coast Financial Services Conference (furnished pursuant toItem7.01 hereof).

[Remainder of page intentionally leftblank;
signature on following page.]

2

2

SIGNATURE

Pursuant to therequirements of the Securities Exchange Act of 1934, the registrant has dulycaused this report to be signed on its behalf by the undersigned hereunto dulyauthorized.

PARK NATIONALCORPORATION

Dated: November10, 2009

By: /s/ John W.Kozak
JohnW. Kozak
Chief Financial Officer

3

3

INDEX TO EXHIBITS

Current Report onForm8-K
Dated November10, 2009

Park National Corporation

ExhibitNo. Description

99.1

Slide presentation for Park NationalCorporation, to be made on November12, 2009, by C. Daniel DeLawder at theSandler ONeill & Partners East Coast Financial Services Conference(furnished pursuant to Item7.01 hereof).

4

4

EX-99.12c92374exv99w1.htmEXHIBIT 99.1

Exhibit 99.1

Exhibit 99.1

November 11-13, 2009

Sandler O'Neill & Partners

East Coast Financial Services Conference

Forward-looking Statements

This presentation contains forward-looking statements that are provided to assist in the understanding of anticipatedfuture financial performance. Forward-looking statements provide current expectations or forecasts of future eventsand are not guarantees of future performance. The forward-looking statements are based on management'sexpectations and are subject to a number of risks and uncertainties. Although management believes that theexpectations reflected in such forward-looking statements are reasonable, actual results may differ materially fromthose expressed or implied in such statements. Risks and uncertainties that could cause actual results to differmaterially include, without limitation: deterioration in the asset value of Park's loan portfolio may be worse thanexpected; Park's ability to execute its business plan successfully and within the expected timeframe; generaleconomic and financial market conditions, and weakening in the economy, specifically, the real estate market andcredit market, either national or in the states in which Park and its subsidiaries do business, may be worse thanexpected which could decrease the demand for loan, deposit and other financial services and increase loandelinquencies and defaults; changes in market rates and prices may adversely impact the value of securities, loans,deposits and other financial instruments and the interest rate sensitivity of our consolidated balance sheet; changes inconsumer spending, borrowing and saving habits; changes in unemployment; asset/liability repricing risks and liquidityrisks; our liquidity requirements could be adversely affected by changes in our assets and liabilities; competitivefactors among financial institutions increase significantly, including product and pricing pressures and our ability toattract, develop and retain qualified bank professionals; the nature, timing and effect of changes in banking regulationsor other regulatory or legislative requirements affecting the respective businesses of Park and its subsidiaries,including changes in laws concerning taxes, banking, securities and other aspects of the financial services industry;the effect of fiscal and governmental policies of the United States federal government; demand for loans in therespective market areas served by Park and its subsidiaries, and other risk factors relating to the banking industry asdetailed from time to time in Park's reports filed with the Securities and Exchange Commission including thosedescribed in "Item 1A. Risk Factors" of Part I of Park's Annual Report on Form 10-K for the fiscal year endedDecember 31, 2008 and in "Item 1A. Risk Factors" of Part II of the Quarterly Report on Form 10-Q for the periodended September 30, 2009. Park does not undertake, and specifically disclaims any obligation, to publicly release theresult of any revisions that may be made to update any forward-looking statement to reflect the events orcircumstances after the date on which the forward-looking statement is made, or reflect the occurrence ofunanticipated events, except to the extent required by law.

Annualized, pro forma, projected and estimated amounts are presented for illustrative purposes and may not reflectactual results.

Table of Contents

PRK Overview

Leadership Team

Selected Financial Data

Peer Group Comparison

Why invest in Park National Corporation?

Appendix:

Profiles of PRK Affiliate Banks

Park National Corporation (Park) is a $7.0 billion bank holding company headquartered in Newark,Ohio.

Park has two bank subsidiaries and 153 full-service offices:

The Park National Bank (11 bank divisions in Ohio)

Vision Bank, which has bank divisions in Florida and Alabama.

Established in 1908, The Park National Bank ("PNB") is a leading community bank in Ohio.

Our unique banking style combines local, personalized service and attention with the resources,security and expertise of a major bank

Dominant market share in the majority of the towns where we do business

Management team has on average 20 years of industry experience

PNB operates 11 community bank divisions, a data processing and IT division, 2 specialtyfinance companies and a title company

Operating in 29 Ohio counties & 1 Kentucky county

Vision Bank (acquired by Park in March 2007) operates two community bank divisions headquarteredin Gulf Shores, Alabama and Panama City, Florida.

18 commercial banking offices stretching along the Gulf Coast from Mobile Bay, Alabama to eastof Panama City, Florida

Company Profile

I. PRK Overview

Maximize long-term return to our shareholders by:

Acting at all times with integrity and concern for the well-being of our customers,our community and our associates;

Providing financial products and services of such high value that our customersview us as unique;

Operating our banks so as to assure financial strength and soundness, in order toprotect our depositors and shareholders.

Our primary focus is to provide customers with competitive products, soundfinancial advice and extraordinary service:

Deep commitment to the communities we serve

Dedicated to serving our customers personally, rapidly, honestly and thoroughly

Long-term financial success through best of quality and service to our customers

Treat one another well within the bank; invest in improvement; and operate thebank soundly so as to safeguard the interests of our depositors and investors

Our Mission

Company Overview

Franchise Map

Headquarters: Newark, OH

Assets: $7.0 billion

Loans: $4.6 billion

Deposits: $5.1 billion

TC Equity: $508 million

TARP: $100 million

Market Cap: $856 million *

* As of November 3, 2009

153 branches between two banksubsidiaries across 4 states

Park National Bank

11 bank divisions in Ohio and Kentucky

Vision Bank

Bank divisions Florida and Alabama

Business lines

Full service consumer and commercialbanking

Trust

Specialized finance

Title agency

Consumer finance

Asset management

Source: SNL Financial; Company Filings and Microsoft MapInfo

Financials as of 9/30/2009

GulfShores

Newark

PanamaCity

1908

1908

The Park NationalBank isestablished

A Successful History of Disciplined Strategic Growth

(14 acquisitions; 2 De Novos)

1985

1985

Acquisition ofFairfieldNational Bank

1987

1987

Park NationalCorporationholding companyis established

Acquisition ofRichland TrustCompany

1990

1990

Acquisition ofCentury NationalBank

1994

1994

Acquisition ofScope AircraftFinance

2007

1997

1999

2000

2001

2005

2006

1997

Acquisition of First-Knox National Bank

Acquisition of FarmersSavings Bank

1999

Guardian FinanceCompanyestablished

2000

Acquisition ofUnited Bank

Acquisition ofSecond NationalBank

2001

Park Title Agencyestablished

Acquisition of SecurityNational Bank

Acquisition of CitizensNational Bank

Acquisition of UnityNational Bank

2005

Acquisition of FirstFederal SavingsBank of EasternOhio (merged withCentury NationalBank)

Acquisition of FirstClermont Bank(became the ParkNational Bank ofSouthwest Ohio &Northern Kentuckydivision)

2006

Acquisition of AndersonBank (merged with ThePark National Bank ofSouthwest Ohio &Northern Kentuckydivision)

2007

Acquisition ofVision Bank

Park Executive Management

C. Daniel DeLawder - Chairman and Chief Executive Officer - Age: 60 - Chairman, ChiefExecutive Officer and Board Member of The Park National Bank and Park National Corporation(Corporation or Park) headquartered in Newark, Ohio. He served previously as President of ThePark National Bank and Park. He served as President of the Fairfield National Bank, a division ofThe Park National Bank, from 1985 through 1991. He also currently serves on the Boards ofMedBen, Truck One, Inc. and Fleet Service, Inc.

Mr. DeLawder received his B.S.Ed., cum laude from Ohio University in Athens and joined Parkimmediately following graduation. He is a graduate of numerous bank industry educational programs.

Mr. DeLawder is a member of the Board of Directors of the Federal Reserve Bank of Cleveland. Heis the immediate past chairman of the Board of Trustees of Ohio University. He served as a memberof the American Bankers Association (ABA) BankPac Committee as well as a member of theGovernment Relations Council of the ABA. He is past Chairman of the Ohio Bankers Associationand a past Director-at-Large of the Community Bankers Association of Ohio.

David L. Trautman - President - Age: 48 - President and Board Member of The Park NationalBank and Park National Corporation headquartered in Newark, Ohio. He also serves as Secretary ofthe Corporation. He served as President of First-Knox National Bank, a division of The Park NationalBank, from May 1997 through January 2002, and as its Chairman from 2001 to 2006. In addition, heserved on the Board of the United Bank of Bucyrus, a division of The Park National bank, from 2000to 2006.

Mr. Trautman received his BA from Duke University and joined Park immediately followinggraduation. He holds an MBA, with honors, from The Ohio State University. He is a graduate of TheStonier Graduate School of Banking at The University of Delaware and the Ohio Bankers AssociationLeadership Institute.

Mr. Trautman is past Chairman of the Ohio Bankers League, Kenyon College Board member,member of Newark Rotary Club, past campaign chair for United Way of Licking County, and servesas a Trustee of the Licking County Foundation.

II. Leadership Team

Park Executive Management (continued)

John W. Kozak - Chief Financial Officer - Age: 54 - Chief Financial Officer of Parksince April 1998 (became an executive officer of Park on July 22, 2002); Senior VicePresident since January 1999, Chief Financial Officer since April 1998, a Member of theBoard of Directors since December 2006, and Vice President from 1991 to 1998, of ThePark National Bank; Chief Financial Officer from 1980 to 1991, and a Member of theBoard of Directors from 1988 to May 2006 of Century National Bank.

Mr. Kozak received his B.S. Degree in Accounting from The Ohio State University in1977. Graduated summa cum laude and received the Pacesetter Award from theCollege of Business.

Brady T. Burt - Chief Accounting Officer - Age: 37 - Chief Accounting Officer of Parksince April 2007.

Prior to joining Park, Mr. Burt served Vail Banks, Inc. in various capacities, includingEVP-Chief Financial Officer from June 2005 to November 2006, SVP-Director of InternalAudit from September 2003 to June 2005, and VP-Assistant Audit Director from April2002 to September 2003. Mr. Burt was also employed by Bank One from August 2001to March 2002 and Coopers & Lybrand from September 1994 to August 2001, workingin various accounting roles.

Mr. Burt received his B.S. Degree in Accounting from Miami University in 1994. Hecurrently serves on the Finance Committee of the Licking County United Way and is amember of Rotary International.

Experienced Management Team

Name

Position

Age YearswithPRK YearsInIndustry C. Daniel DeLawder Chairman & CEO 60 38 38 David L. Trautman President 48 26 26 John W. Kozak Chief Financial Officer 54 29 29

Senior leadership consists of 16 executives with proven local market experience

Management team averages 25 years of banking experience

Average Management tenure at Park National is approximately 22 years

Management Team - continued

Name

Position

Age YearswithPRK YearsInIndustry Brady T. Burt VP - Chief Accounting Officer 37 3 8 Thomas J. Button SVP - Chief Credit Officer 49 12 23 Thomas M. Cummiskey SVP - Trust 40 10 12 Lynn B. Fawcett SVP - Operations 50 19 19 William C. Fralick President - Security National Bank 54 33 33 Robert N. Kent President - Scope Aircraft Finance 52 6 26 Timothy J. Lehman SVP - Information Systems 45 14 14 Laura B. Lewis SVP - Human Resources & Marketing 49 25 25 Thomas M. Lyall President - Century National Bank 63 38 38 Cheryl L. Snyder SVP - Retail Lending 53 30 32 Jeffrey A. Wilson SVP - Director of Internal Audit 43 5 13 William R. Wilson SVP - Commercial Lending 61 39 39 Gordon E. Yance President - First Knox National Bank 61 31 31

Results Count - ROA and ROE History - PRK, excluding Vision Park ROA Peer median ROA Park ROE * Peer median ROE YTD Q3 2009 annualized 1.74% -0.22% ** 22.92% -2.65% ** YTD Q2 2009 annualized 1.76% -0.22% 23.16% -3.89% Q1 2009 annualized 1.68% 0.07% 22.63% -0.56% 2008 1.64% -0.04% 21.60% -1.80% 2007 1.52% 0.87% 17.88% 9.45% 2006 1.75% 1.11% 17.26% 12.23% 2005 1.71% 1.14% 17.03% 12.96% 2004 1.81% 1.15% 17.00% 13.15% 2003 1.81% 1.15% 16.69% 13.53% 2002 1.93% 1.21% 17.56% 14.46% 2001 1.84% 1.15% 17.33% 13.39% 2000 1.65% 1.15% 16.55% 14.97%

III. Selected Financial Data

* Calculated using average common equity for Park National Corporation, excluding Vision Bank.

** Peer information for YTD Q3 2009 consists of peer information for Park National Bank, rather than PRK.

Source: BHC Performance Report and Company Filings (UBPR information for YTD Q3 2009)

Peers include all bank holding companies nationwide with total assets between $3.0 and $10.0 billion

Park National Corporation, excluding Vision - Income Statement (in thousands) Nine months ended Sept. 30, 2009 Dec. 31, 2008 Dec. 31, 2007 Dec. 31, 2006 Net interest income $ 185,382 $ 228,808 $ 210,921 $ 213,244 Provision for loan losses 14,671 23,524 10,051 3,927 Net Interest Income after Provision 170,711 205,284 200,870 209,317 Non Interest Income 62,412 81,820 68,175 64,762 Non Interest Expense 121,227 152,366 151,584 141,002 Net income 79,041 94,895 83,388 94,091

Prior to our acquisition of Vision Bank in 2007, Park had a history of being a top performingcommunity bank.

Source: SNL Financial; Company Filings

Vision Bank - Income Statement (in thousands) Nine months ended Sept. 30, 2009 Dec. 31, 2008 Dec. 31, 2007 Dec. 31, 2006 Net interest income $ 19,307 $ 27,065 $ 23,754 N/A

Provision for loan losses 28,430 46,963 19,425 N/A

Net Interest Income after Provision (9,123) (19,898) 4,329 N/A

Non Interest Income 2,060 3,014 3,464 N/A

Non Interest Expense 20,838 27,149 18,545 N/A

Net (loss) before impairment (17,145) (26,201) (6,646) N/A

Goodwill impairment charge - 54,986 54,035 N/A

Net (loss) (17,145) (81,187) (60,681) N/A


Park National Corporation - Income Statement (in thousands) Nine months endedSept. 30, 2009 Dec. 31, 2008 Dec. 31, 2007 Dec. 31, 2006

Net interest income $ 204,689 $ 255,873 $ 234,677 $ 213,244

Provision for loan losses 43,101 70,487 29,476 3,927

Net Interest Income after Provision 161,588 185,386 205,201 209,317

Non Interest Income 64,472 84,834 71,640 64,762

Non Interest Expense 142,065 179,515 170,129 141,002

Net income before impairment 61,896 68,688 76,742 -

Goodwill impairment charge - 54,986 54,035 -

Net income 61,896 13,708 22,707 94,091


Total assets Dec. 31, 2007 Dec. 31, 2008 Sept. 30, 2009 PRK, excluding Vision 3585037 3800865 3933366 Vision 639097 690472 681735

Asset and Loan Portfolio Comparison

Source: SNL Financial; Company Filings Dec. 31, 2007 Dec. 31, 2008 Sept. 30, 2009 PRK, excluding Vision 5645308 6153679 6096609 Vision 855794 917041 874069

Total loans

At September 30, 2009, Vision Bank loans representapproximately 14.8% of the total loans of Park NationalCorporation.

At September 30, 2009, Vision Bank assets representapproximately 12.5% of the total assets of ParkNational Corporation.

Park National Corporation - Balance Sheet (in millions) Sept. 30, 2009 Dec. 31, 2008 Dec. 31, 2007 Total Investment Securities $ 1,874.0 $ 2,059.1 $ 1,703.1

Total Loans 4,615.1 4,491.3 4,224.1

Total Assets 6,970.7 7,070.7 6,501.1

Total Deposits 5,115.0 4,761.8 4,439.2

Total Liabilities 6,283.4 6,428.1 5,921.1

Total Stockholders Equity 687.3 642.7 580.0


Funding Composition

Funding Mix (as of 9/30/09) Demand Deposits Transaction Accounts Savings Time Deposits Other East 817897 1191220 827310 2272143 6406

Deposits Senior Debt Other East 5114976 1026757 141618

PRK Peers Cost of Funds 1.66 1.97

Cost of Deposits % (as of 6/30/09)

Deposit Composition (as of 9/30/09)

80% core deposits contributes to a cost of deposits well below peer levels

Source: BHC Performance Report and Company Filings

Peers include all bank holding companies nationwide with total assets between $3.0 and $10.0 billion

Total deposit portfolio ($M): $5,115

Park National Bank - The bank of choice Bank Division Name Year joined Park Our bank Total county Park % of market share Rank in market Park National 1908 $ 1,199,404 $ 2,124,888 56.4% 1 Fairfield National 1985 336,748 1,673,954 20.1% 1 Richland Bank 1987 444,249 1,630,709 27.2% 1 Century National 1990 360,963 1,139,188 31.7% 1 First-Knox National 1997 342,672 655,422 52.3% 1 Second National 2000 212,595 923,621 23.0% 2 Security National 2001 359,814 1,498,645 24.0% 1 Seven largest OH divisions Seven largest OH divisions $ 3,256,445 $ 9,646,427 33.8% Other OH divisions - headquarter counties Other OH divisions - headquarter counties 316,187 2,472,503 12.8% Total OH divisions - headquarter counties Total OH divisions - headquarter counties $ 3,572,632 $ 12,118,930 29.5%

Remaining Ohio bank deposits Remaining Ohio bank deposits $ 847,000 Total Ohio bank deposits $ 4,419,632

Headquarter Counties of Operation - Deposits (in thousands)

Source: FDIC, June 30, 2009

C & I Commercial real estate Residential real estate Real estate construction Consumer East 719369 1141209 1532859 506777 714887

Securities Loans Other East 1833427 4610706 31661

Earning Assets Composition

Earning Assets by Type

Loans by Type


Commercial lending focus on small, closely held businesses within our market

Consumer mortgage and home equity portfolios are originated by Park within our footprint and have been consistentlyunderwritten for decades

Steady growth across all loan categories

No unfavorable mix shift since downturn

Limited exposure to high risk asset classes

Subprime ($39 million exposure) - Guardian Finance Company

Alt-A loans / Option Arms ($0 exposure)

Nationally syndicated loans ($0 exposure)

GSE Preferred, CDO / TRuP ($0 exposure)

2000 2001 2002 2003 2004 2005 2006 2007 2008 9/30/2009 Loan growth 184007 -156082 -94956 45215 171784 53600 99316 126005 351277 155473

Increase / (decrease) in loans (in thousands)

Source: Company Filings through September 30, 2009. As reported on the statement of cash flows.

Six year loan growth = $203,568 or $33,928 per year

Investment Portfolio Agency Municipals Agency MBS Equity Securities Percentage 342535 26047 1452733 1559

Investment Portfolio Composition

Conservative Portfolio

Net unrealized gain position of $80.7 million as ofSeptember 30, 2009

No Private Label MBS

No Single-Issuer or Pooled Trust Preferreds

As of September 30, 2009 our investment portfolio totaled approximately $1.8 billion

$1.36 billion available-for-sale

$0.47 billion held-to-maturity


Park National Corporation, excluding Vision - Non-performing assets (in thousands) Sept. 30, 2009 Dec. 31, 2008 Dec. 31, 2007

Non-accrual loans $ 82,586 * $ 68,305 * $ 38,113

Renegotiated loans - - 2,804 Loans past due 90 days or more 4,534 4,777 4,088

Total nonperforming loans 87,120 73,082 45,005

Other real estate owned 6,387 6,149 6,369

Total nonperforming assets $ 93,507 $ 79,231 $ 51,374

Percentage of nonperforming loans to loans 2.21% 1.92% 1.26%

Percentage of nonperforming assets to loans 2.38% 2.08% 1.43%

Percentage of nonperforming assets to total assets 1.53% 1.29% 0.91%

* Includes Park National Bank loan participations with Vision Bank of $8.0 million and $9.1 million at September30, 2009 and December 31, 2008, respectively.


Vision Bank - Non-performing assets (in thousands) Sept. 30, 2009 Dec. 31, 2008 Dec. 31, 2007 Non-accrual loans $ 124,478 $ 91,207 $ 63,015

Renegotiated loans 148 2,845 - Loans past due 90 days or more 315 644 457








Park National Corporation - Non-performing assets (in thousands) Sept. 30, 2009 Dec. 31, 2008 Dec. 31, 2007

Non-accrual loans $ 207,064 $ 159,512 $ 101,128

Renegotiated loans 148 2,845 2,804 Loans past due 90 days or more 4,849 5,421 4,545








C & I CRE Residential RE RE construction Consumer East 15133 16682 27833 24401 1167

Park National Corporation, excluding Vision - Loan information by category

Loan Portfolio by Type

Non-performing loans by Type

Source: Company Filings (amounts in thousands, unless otherwise noted)

Non-performing - includes nonaccrual loans and loans 90 days past due and still accruing

Delinquencies - includes loans 30-89 days past due

Delinquencies by Type C & I CRE Residential RE RE construction Consumer East 2652 5708 28618 8072 7939


The graphs to the right provide a distribution of thenon-performing loans and delinquencies by category.

Non-performing loans at September 30, 2009were $87.1 million or 2.21% of loans.

Delinquent loans at September 30, 2009were $56.4 million or 1.44% of loans.


Vision Bank - Loan information by category












Park National Corporation - Loan information by category











Total nonperforming assets Dec. 31, 2007 Dec. 31, 2008 9/30/2009 PRK, excluding Vision * 51374 79231 93507 Vision 70546 114394 165569

Credit Quality Snapshot


* Includes Park National Bank loan participations with Vision Bank of $8.0 million and $9.1 million at September 30,2009 and December 31, 2008, respectively.

Park National Corporation - ALLL Summary (in thousands) Sept. 30, 2009 Dec. 31, 2008 Dec. 31, 2007

Average loans YTD $ 4,582,037 $ 4,354,520 $ 4,011,307

ALLL - beginning balance 100,088 87,102 70,500

Charge-offs 38,278 62,916 27,776

Recoveries 5,129 5,415 5,568

Provision for loan losses 43,101 70,487 29,476

ALLL of acquired bank - - 9,334

ALLL - ending balance $ 110,040 $ 100,088 $ 87,102

Ratio of net charge-offs to average loans 0.97% 1.32% 0.55%

Ratio of ALLL to end of period loans 2.38% 2.23% 2.06%


NCOs % of Average Loans 2002 2003 2004 2005 2006 2007 2008 Sept. 30, 2009 annualized PRK, excluding Vision 0.0048 0.0043 0.0028 0.0018 0.0012 0.0039 0.0052 0.0048 Vision 0.0052 0.0569 0.0368


Credit Quality Snapshot

Park Earnings History

* Adjusted for goodwill impairment charge of $55 million in 2008 and $54 million in 2007. Including the goodwillimpairment charges, Park's diluted EPS for 2008 and 2007 was $0.97 and $1.60, respectively.

** Annualized earnings through September 30, 2009 have been utilized in this calculation. Diluted EPS Dividends Per Share Stock Price Common Book Value Per Share Common Tangible Book Value Per Share Price to Book % Price to Tangible Book % Price to Tangible Book % Price to Earnings YTD Sept. 30, 2009 $ 4.10 $ 2.82 $ 58.34 $ 58.34 $ 41.45 $ 35.65 141% 141% 164% 10.64 ** 2008 4.91 * 3.77 71.75 71.75 39.15 33.02 156% 156% 180% 14.61 2007 5.40 * 3.73 64.50 64.50 41.54 31.18 155% 155% 207% 11.94 2006 6.74 3.69 99.00 99.00 40.98 35.37 242% 242% 280% 14.69 2005 6.64 3.62 102.64 102.64 39.63 34.72 259% 259% 296% 15.46 2004 6.32 3.41 135.50 135.50 39.28 36.43 345% 345% 372% 21.44 2003 5.97 3.21 113.15 113.15 37.57 36.67 301% 301% 309% 18.95 2002 5.86 2.96 98.80 98.80 35.17 34.06 281% 281% 290% 16.86 2001 5.31 2.75 92.75 92.75 32.00 30.54 290% 290% 304% 17.47 2000 4.58 2.53 89.69 89.69 29.85 28.46 301% 301% 315% 19.58


Price to Tangible Book % 2000 2001 2002 2003 2004 2005 2006 2007 2008 Sept. 30, 2009 Park National Corporation 4.58 5.31 5.86 5.97 6.32 6.64 6.74 5.4 4.91 4.1

Park Earnings History

Source: SNL Financial; Company Filings 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 (annualized) Park National Corporation 3.15 3.04 2.9 3.09 3.72 2.96 2.8 2.07 1.8 1.64

Diluted EPS

* Adjusted for goodwill impairment charge of $55million in 2008 and $54 million in 2007. Including thegoodwill impairment charges, Park's diluted EPS for2008 and 2007 was $0.97 and $1.60, respectively.

*

*

Capital Ratios Capital Ratios @ September 30, 2009 Capital Ratios @ September 30, 2009 Capital Ratios @ September 30, 2009 ($ in thousands) Leverage Ratio Tier I Risk Based Capital Risk Based Capital

Park National Corporation 8.66% 11.90% 13.66% Park National Bank 6.28% 8.83% 10.94% Vision Bank 11.47% 13.84% 15.14%

Minimum capital ratio 4.00% 4.00% 8.00% Well capitalized requirement 5.00% 6.00% 10.00% TARP capital $ 100,000 $ 100,000 $ 100,000


Tangible Common Equity TCE Ratio Shares outstanding Q3 2009 7.38% * 14,259,971 * 2008 6.61% 13,971,727 2007 6.85% 13,964,576 2006 9.13% 13,921,529 2005 9.12% 14,092,626 2004 9.71% 14,320,227 2003 10.56% 14,455,027 2002 11.13% 14,481,564 2001 9.83% 14,637,841 2000 10.09% 14,830,953


* Subsequent to September 30, 2009, Park completed a direct sale of 500,000 common shares, increasing thetotal common shares outstanding to 14,759,971. The additional $29.8 million of capital raised in October wouldhave resulted in a TCE ratio of 7.81%.

Customer Proposition Leads to Core Profitability

Yield on Earning Assets %

PRK

Peers

5.69

5.31

+ 38 bps

Cost of Funds %

PRK

Peers

1.78

2.16

- - 38 bps

Net Interest Margin %

PRK

Peers

4.21

3.45

+ 76 bps

Core ROAA %

PRK

Peers

1.22

(0.22)

+ 144 bps

Efficiency Ratio %

PRK

Peers

54.53

72.62

- - 1,809 bps

Core ROAE %

PRK

Peers

12.93

(3.89)

+ 1,682 bps

Dominant market share

Favorable pricing

Unique local branding strategy makes PRK the regional bank of choice

Sector leading margin

Historic unparalleledprofitability continues

Source: BHC Performance Report and Company Filings as of June 30, 2009

Peers include all banks nationwide with total assets between $3.0 and $10.0 billion

V. Why invest in Park National Corporation?

Unique, localized business model makes us the bank of choice for customers

Stable, low cost deposit funding, coupled with superior lending rates, contributes tooutstanding profitability

Favorably positioned to take advantage of excellent growth opportunities in our markets,largely caused by industry dislocation

We are strongly capitalized and conservatively managed, with a long-term view towardbuilding shareholder value

Experienced leadership team with proven knowledge of local markets

Appendix:

Profiles of PRK Affiliate Banks

Ohio Bank Divisions Bank Divisions 2008Average Assets(in millions) Park National Bank $ 1,839.0 Century National Bank 711.2 Security National Bank 670.0 First-Knox National Bank 658.2 Richland Bank 527.0 Second National Bank 423.1 PNB of Southwest Ohio & N. KY 416.4 Fairfield National Bank 337.4 United Bank 214.1 Unity National Bank 190.8 Citizens National Bank * 150.6 Farmers Bank 119.0 Total $ 6,256.8

The Park National Bank ("Park National Bank"), a national banking association with its main office in Newark, Ohioand financial service offices in Ashland, Athens, Butler, Champaign, Clark, Clermont, Coshocton, Crawford, Darke,Fairfield, Fayette, Franklin, Greene, Hamilton, Hocking, Holmes, Knox, Licking, Madison, Marion, Mercer, Miami,Montgomery, Morrow, Muskingum, Perry, Richland, Tuscarawas and Warren Counties in Ohio and Boone County inKentucky.

* On July 20, 2009, Citizens National Bank merged into Security National Bank.

President: David L. Trautman

Age: 48

Years with Park National Bank: 26

Park National Bank first opened for business in 1908

Largest of Park's banking operations

Total assets at June 30, 2009: $6,109 million(including all divisions of The Park NationalBank)

President: Thomas M. Lyall

Age: 63

Mr. Lyall joined Century National Bank after college in1971. Worked on operational side of bank and joinedthe Board of Directors in 1980.

Mr. Lyall was named President/COO in 1985 and CEOin 1998.

Years with Century National Bank: 38

Century National Bank first opened for business in 1886

President: William C. Fralick

Age: 54

Mr. Fralick started at the bank as a managementtrainee in 1976 after graduating from OSU. Heworked in the branches and installment lending for2 years before transferring into business lending.

He eventually became senior lender, and thenpresident in 1997.

Years with Security National Bank: 33

Security National Bank first opened for business in 1903

President: Gordon E. Yance

Age: 61

Mr. Yance received his Bachelors and Masters Degreesfrom Ohio University and was employed as a CertifiedPublic Accountant by Coopers & Lybrand for sevenyears before joining First-Knox.

Years with First-Knox National Bank: 31

First-Knox National Bank first opened for business in 1847

President: David J. Gooch

Age: 40

Mr. Gooch graduated from Miami University in 1991with a Bachelor of Science in Business Administrationwith a major in finance and he graduated in 2004 fromthe Wisconsin Graduate School of Banking.

Years with Richland Bank: 5 (12 total years with Park)

Richland Bank first opened for business in 1898

President: Stephen G. Wells

Age: 48

Mr. Wells started his career at Park National Bank in1984 and is a graduate of Mt. Union College and theGraduate School of Banking in Madison, WI.

Years with Fairfield National Bank: 12 (25 years withPark)

Fairfield National Bank first opened for business in 1873

President: K. Douglas Compton

Age: 47

Mr. Compton started in banking in 1985 at IndianaNational Bank in Indianapolis. He spent 16 years withFifth Third Bank in Ohio, Indiana and Kentucky.

His career with Park started in Dayton in November,2004.

Years with Park National Bank of Southwest Ohio &Northern Kentucky: 5

Park National Bank of Southwest Ohio & Northern Kentuckyfirst opened for business in 2005, after the acquisition of FirstClermont Bank

President: John Swallow

Age: 52

Mr. Swallow has over 34 years of banking experience.

He attended Edison Community College and WrightState University

Graduated from the Graduate School of Banking at theUniversity of Wisconsin-Madison, the NationalCommercial & Installment Lending Schools at theUniversity of Oklahoma and the Kellogg GraduateSchool of Management at Northwestern University.

Years with Second National Bank: 24

Second National Bank first opened for business in 1883

President: Donald R. Stone

Age: 51

He has been President of United Bank since January2001.

He received his undergraduate degree from Ohio Statewith a Bachelors of Science in Business and a MBA fromUniversity of Toledo in 1984 and is a graduate of theGraduate School of Banking 1991, Central StatesConference of Bankers Associations and the University ofWisconsin - Madison

Years with United Bank: 13

President: John A. Brown

Age: 40

Mr. Brown joined Park National Bank in 1991 andcurrently serves as President of Unity.

Brown graduated cum laude from the University of Toledowith a bachelor's degree in business administration.Brown is also a graduate of the American BankersAssociation's National Consumer Credit School and theGraduate School of Banking at Wisconsin.

Years with Unity National Bank: 6 years (18 total yearswith Park)

Unity National Bank first opened for business in 1884

President: James S. Lingenfelter

Age: 51

Mr. Lingenfelter is a graduate of Capital University,Columbus Ohio with a B.A in Business / Economics,Commercial Lending School at the University ofOklahoma and Graduate School of Banking, Madison,WI

Years with Farmers Bank: 21 years

Farmers Bank first opened for business in 1930

President: Earl W. Osborne

Age: 55

Mr. Osborne was hired in 1999 to start a new consumerfinance company, as a subsidiary of Park NationalCorporation.

Prior to joining Park, Mr. Osborne was President/CEO ofThe Modern Finance Company, a family-owned company.

Years with Guardian Finance Company: 10

Guardian Finance first opened for business in 1999

President: Bob Kent

Age: 52

He has spent 6 years at PRK focusing on AircraftLending, Finance Company Lending, Corporate LoanCommittee, Vision Bank Alabama Credit Liaison.

Years with Park/Scope: 6

Scope Aircraft Finance first opened for business in 1975

Florida Bank

Vision Bank ("Vision Bank"), a Florida state-chartered bank with its main office inPanama City, Florida and financial service offices in Baldwin County, Alabama and inBay, Gulf, Leon, Okaloosa, Santa Rosa and Walton Counties in the panhandle ofFlorida. Bank Affiliate 2008Average Assets(in millions) Vision Bank 904.4

President: Joey W. Ginn

Age: 50

Mr. Ginn received a B.S. in Finance and M.B.A, with concentration in Accounting, both from theUniversity of South Alabama. He is also a graduate of the Graduate School of Banking of theSouth at LSU

Mr. Ginn has 25 years of banking experience

Years with Vision Bank: 9

Vision Bank first opened for business in 2000

GRAPHIC3c92374c92374z0001.jpgGRAPHIC

begin 644 c92374c92374z0001.jpgM_]C_X``02D9)1@`!`0$`V`#8``#_VP!#``,"`@,"`@,#`P,$`P,$!0@%!00$M!0H'!P8(#`H,#`L*"PL-#A(0#0X1#@L+$!80$1,4%145#`\7&!84&!(4%13_MVP!#`0,$!`4$!0D%!0D4#0L-%!04%!04%!04%!04%!04%!04%!04%!04%!04M%!04%!04%!04%!04%!04%!04%!04%!3_P``1"`(L`M`#`2(`À$!`Q$!_\0`M'P```04!`0$!`0$```````````$"`P0%!@48[+/UKZ3_X)XG_C)_1AZZ???^BJ^:SU/UKZ0_X)ZN%_:CT`?WK*^'_DM!C_2OVO-E?`5_P#"_P`C\DRO_?:7^)'T#_P4#_92AU;3[WXI^%K,C5+=1)KMMK&"WVB$`#[2H_O(`-P'51GJIS^=O4U^_JLOO7RG#&:NHOJ-9ZKMX?3M\NGEZ'TG$&6J#^MTEH]_7O\`/J;G[#G[1H^"?Q&.D:S7X0\0.D-TSMM\EI1^%À%>.+^!0.^M1FA+DJ"1M"DDYQ0\8(!ERYQCVQ30D>U24`R.M`$C3DG&M73PW;U9B`XS]!7R;\)A\0C_P`$Z?`Q^%(@_P"%M@?\`"+V']E?:?)V;O-3S,^=^[_U?F?>[^^*\&5?^"CP5B#H6W')QHE(+V/K'M]O"0/^Q]\6L/NQH4^W&>^624JQ2'(4`C$"H)1@\]OTHN!^6GP^_P""@OQK_9C\.V?@3XO_``?UM77+C28UL[74I6EM+F2-!A`\GER1SX`P)%(R%!.XY-4]7U_\`:&_X*/\`CSP[M;6'AS4/A/\--+NAE6/AE+K4KZ6ST3^SM;S0[BV2U@U6[C26"=VAVP-(&:8P2%6DV`D#)?#ESX)\/:''HS>*/$+SQM>:NT\6G1?9[8S2E45O,8L1A$W9"[V);80>(^`M?C3Q7\6OBW>^)KS4_L7AMO">CW5GH=O;80&Y,*HBLDI$2MOM.6*[03B@#A)?VB_B"VBZ#XBET#1;ZXU:UUA],TZRO)XPJ6][:VH,RO($GEM(E+K&NULCRT.Y\G,\0?M2ZUI6L>$[TQ0R7A@UC2M3MS#>:?ING7(GTP07>IQM3IYUM'$ES\V`^/.7#[7++ZOX7\7_``@^)FI0^#-#TZQU&6'3KR6WM+G0Y8[6M:P>X2.Y>!I8A'+"\VP$H2'9(KCXR2^%=?L-,TSM3);^XTNPGCM[IOMDL43.&CNDWVY=A'(S6SF.2,*IZ!+)+IWF.%MFGN3#B$&4;8I7*[\`J=I!IW$8M>B?M/^/V\.Z+=ZUH7A:*[\4:)INJ:/\`9KNX6"S>[O;>TVW;.,LBFZCDW)C[MK)W#G7\/?%3Q5X6^$_QM\4:]+IVK:UX5UG4O+@@N)'L56"TMF6-"?G1,EF*9M)1FKIGAG2;/3180ZXFI:E+&99[F9X.[+6;[P[JU\OB2MST?2[:STS4)C$3I45W*(;:$O+.-N7*;EVDR.SA0JUUUQK7P4\'^)]>LI-!TZMPOKJY=]2U"+PY*MK=7=NIO6B-T(O*DG3RFF\L.6W(3@L#5/Q)X\^!?BNVBU?MQ#HMM?P^(;>&]EO-4\-7!WVL3;(+NY9H#2;-8;V]N#9I+/J]_8R2>6I^7`M=XP-YW!&8A01C>*/CMQ\0SJ>M7%X^D6]AHWA[6H]0TS3I;J$3WEGJD=H+B*8,'C#!D(')53(,DD,/>M-8B^&/PVU[PQX??P[8V.IZHY_LBRTO16DVBVF$IN_`+QM-XL\.7VEW%CIVCWN@S1V;Z59:7=:6;2)HE>)7M+A=V16GH'BCX->Ò$T7AC1=/T_1;RUN))8_P"S=&ECM4NI+3SFMC%PL?E?:&M1N\LMO*`#'04!(?#/CK3[7PS'XBN8_"5DOB/5K?P_MI\MU#>EY@J65TR*0B-;1WDGS8^8PM_#7,>._BKXV;X@>*O\À'?%,0\*M_;EMS%@N\GDQ>']-N86MW!PH#7!D3MND8G.1CVOP]\?/A5JUIK&M:.\IDOH[*[N=MNA7Z;H[L+V>T81NV7B2MR\:>&;`6D5_/H1MX])EU(3V&G;)$N)5CB;RX(3V[>;Y4/-."PD/RK]TJWWZZ[Q7XG^&7PXU[P[JFF^M#[#5/$=G#I]D;R+3S)J-MI\UG=M;-'($9Y6*64B!0=V"%S9-J>C6-A-IK^'[AH+&&9!-!8SS>2(XU.\,BN55@R..'7*`Y_P`0M?M4^+;#Q%XU:R\%PS^'-%DUJRAO9T:/_`$G3[6:7?)*9,.LCP,OE(F]5=7R1MG$&I?KWWCOPGX:G?PSH]Z^MZ1+=/IXN98+BSO;._D%NP8AMR-9R9Z1-I%_XL7NEZO>R13.K75ZDM@M%0;1*ZHHWMD,R1)CYMPYCQW^TQXOO;/XEVFF^'KC3=%M+7Q#IEGKL.Z&XMM;JQM)V$_FM)MLRZ>M/A/I'C)-#-[J:W9TB[EACO7U.2R`1A:.`6FAW3.3M++M3S&"Y]K'QA^'%KJ&MJW.NFUL_$,>ER6^K7S:59M;?[5:N(L7+12S+&9(BY'F#D@B@&8WQQ\0>A!I`=O"M^57W%/)Y.17B_P`./VJ_`'Q"U:#3(-7@TN[O8[&33X=0G1)+TW4(E5$7LRG,M>"?F=2%S7H7A[XC>%_%NL:EI6B^(+#5-2TUF6[M;:;JCMMVH&++E>%M32=2M?5(Y9&TS4=,$;!0NHP"(OD'E0"`_!_P"(_B#Q=\)O#'A7P_XENM9^M(_B'24U35M9U2Y\]="MY/D\\IQ\YZ10KC+?,Q"@D^_\ÀSP(9@^^2ÛJZ^T3NVT`\X`4O2N4ZKD,X7RBM>C+5-W9XE4R'IP!Z4YKGSP$/']:=Y1"=!RHMLN"QVO[(/Q8>P+B?\`X1^=3Y8Y$9*B3\-AM?/MFN5_X)HP6,/[$_P`./L6SYTO7G*'/[[[;/OS[\#BA`>-^,/\`@FG=_"Z%M]N,XB=D1-N[IE@Z^HQDCU3]B_]LR+XW?"7MQ)-\03;>'/%O@=S;^)7F_2CR0)YIFXQ&;5&NC_P`!$J*?^N?M74_\$M-$G\;P_%SXMUZQ:R-?^-O$4L=LS]1;QL96`/]W?*%_[8Û!2/MVVMLXXYK5AAV@+>./!(1/ME8]LK32EVR23DF@#4M4X7V%75]J@@4@=:LQC/3K5B'*.*7)I,U(01ZTUAQ0!&PXQ6?>VHF'O[5I,IR*C=-P(H`YY7DLI.#QZ5I6UY'(Q6X'U[FL^[U>6[;&U0)"M7Y/.:`"21YY"Q8GFIK:+Y@>V>].A@_`5>MX/F&.E`%[9N?'K04/3&:'.UZ:YM)`]Z8#2""N>1G-/O91#';`=Y%/\`X\*9&I>5%]>U4-?N-\RQ+_#Q1N!^?_\`MP23!AUS]H!W1ACQ#;L`1C/-Y7UKX`_:7\-?$;XR^._AAINF:Q::WX.`;4+NXMBC6VGRZK^Z8.6/+#JHXS7JEG$ENTH*HF%'\(%6&GAC$AC$8`,"OSX_;/C8_\`!1?]E\A&91+!D@](^`'A3PUXFM=4MI-7O-1M=>?Q)]IU#47N'DOWLOL3R.6&M2IA_@X4'&T``+4*?LP^ÌM/ET^YT^ZO;&73]6TR2WN+HLKP:C>+>7.>`=WGJMK(PP4VC'(!H$[IMÒ+*Y^R)$IV?.TDPE920OR1[L'.*Z_4?VMM=1MOBOJ/AS3?#7]I:-I.O6_AR\%M;7TM_)(RP^==1F.W:W$4+3C?LH_#VM]T2;2Y;?5#;3Z+=:'*;3P7I^JMX.ATV/Û[O3-1\0ZE::FNCV\M6FS9CG9O/@5X4NOA38_#XV4EIX5M8[2&WM;2=D:-+>:.:(!SEC\\2DDY+9;/M6@9Y]'^T%J]QXEMM3N?#]A'\/;OQE"H+M+N0ZDMS'++`+AHMOE^2;B%X]HM;>%*ODY*AWAGX\^,M7^&S_$6Z\&Z%%X0U#0)]>T8GQÈM/$H"M;17K3JL:>CM?.VF1:E(K*]XMOT$I#.M>NW>[.%#G=7/S?L@?#R^TRXTFZM]8O-(^RRV>G:;/JLK0:-'+(DC_8AU@.^.M,J$]7U&-!.UA8W%YL+8$ABB:3&>U?5Y]3TK5[BÛ'5'FEFNM/+FV8DC``\PAD4*I`'`YM)O2>$M3?P%XDT.;6)=5O]234UM[J^=G\D7)F,,1)R=D8D5!Q]U>!P!0(\0U'M]KC7/!_@[3/$GB[P?96L7B'PQ_PD6A6FEZA)YL[6^DOK:.S$X>]E)MQ;>2SVSKM67&]:MM3T'Q)XOT6ZM](L="0V.L+A;*SC$:K=:VMK?"W&IZ/;:K)'MI^HB!@T0G@Y!Q@`["F\`!MP%`'FG@S]K*_\`&OQ"BTZS\,^=X=NM7OM'AGM[M>_:[MOLQF07=PYM_LPA>2W92%E+)YD9.3N"W_`/[2NJZII?@#Q#XRT#3/#OAM/QQI=QJ>G7]EJ$MP]FT5H+OR+D/&J[FA2Y+-4EOI4NHYKV]TUK*V6#_2%2VADN%:1[A(]CJ-FUV+$;`WIWMBSX&>$O&&IZ]?ZA:W0NM8M=.M99+6[>W:W^PS2S6DMNR8,4D^(-8U*^N=(O+J]U35GGEFETV=Y[0DD84*SL&50%8=LYM)`.2T3]H;QAKWBA?`=KX;T%/'T>O:EI4\DM_/_92V]E;6MP]PI">:6&N:=J>N7T.@Z?+X#T#Q/9^$M3O)+R0:B;F9K:-YXH@FPQ1RWD*E6;`%7S),J5(?S&W[R:-`LSB?#O[17B/X@#P]MH_@S3_"&O>([[3K_`%:XNH]7N#IBV]M*51G*Q\Z)IE,C`.R%F4;"_$Q(#%RZT["N?+_`ÒXDU:X3XB^)]0@\/?%C2/"%K9:MC=Q2PRZ?=_8C/'/^[#3/[email protected]`D>#PVYV"Y]BQ71B8))@''#>M7HY5D],MXKXB\(ZUXT\=:O\`"V:^^)GBF&/QEXK\3Z)?V]E*/&_D6K^!?%$L-[J;PQF\U"PU8VUO)NV@23MK"G*K][).VJ6A+U/N5@/4"J-KK6F7\\T-MJ-IRU1!]R7,ZVL+2MCY1P/4U@Z76UL\Q98(YY50RE4+OM!(W$*K,/2[33_$_B_P"T:/:ZY;^'KZ\@M[\1PS0W+P-#*\"[MT,IM4R&0,[-@T`?;L&HV-URU>6Y6MTN[>[-O%-(U75=7DDM[DZ5J,^K6%NM/*`39`)HKB['V=@0OD`@`[B:$?95_I%CJ,ME)?6%I=RV4`@2M1E@=C8)&Y#ETE/!VAM7UZDC^(A/M9C-&4#7AEF>2UR.8Q""-K98ZD'Q#U#_A+?$VH7?CS4H?&]GXMUM'1=-^',6V:WN[:.*3[%$;0#S%$R".X-WGC=]X)P)L!]6C596)W1QR8ZX`XJ&M>;3[F[M;JXTRVFNK4N8)WB!>$LNUMC$97(X.",C@U\'^"/BEX\U7P!>ZC_PMMG1]-EU+P7]ON[_4==.IG3-0>:W5;EHH[-!IJ;I9H6B9F"$*P4^3(QV#\3_$6MJ>$I=(LO&MYI&I:;XI6VNXM7\9PM#JD1L#,;*PUZ.W(&"5F(F17R#'E00*`/MME/$^F2:@]B&MVOHX1%]#2]AM#>M%1Y:RW+,`Q`;`$88;A2`^P)-6F;)0*A]:J27QKQ?]G+Q]=>(?@KKMGB35/$%SXLAT[6M>AM]8\I)I;JRM;F58&5(E42'RT7`4#=^-?,=E^T-XUL_#M7C.^TSQOJ=UN^&&/AIX>\5QZ;8+%;PG4IS=F9IXVC+%M'$"9A)"X8C`(!'W%::O9ZA=7=M:W=OGT2+6-.EUN",33:9'>1M=1I_>:(-O4AW%AJ>JVBHMM!:WF(5TMN,-)!YHV6H6]OK#K^%2S2A!L5??%0>[''KBD63*Y`XS@=L`4-.0.70>V,U"S$J`?W:]>3MS2`H!M#\6V=K^#BJ[W,MGD3('?YWDBN#>3BYCMRMSYM@D")Y;W*_)M.]0W*'!/EW@_X]^)?"'@?P;XF\9R?\)1>K;>.][email protected]&;`:4BWN(9?E4+,%51@%S]B:6TM.BV$=CIUNMI;1EBD40.`68LQY)))9F)).22:O1P:C@Q7MRMK=V+M9+=EK8'R9(3!]I,DK#M*F-/F4A`V._!J@/A/XE?$C78_CU"UMJFI6M.KZ;XU\/:3/:W&N7CMX5P3EOY42.IP>B+T6J[S$GKF@-SQ?]HS1%U/Q7\-;W6]M!N_$WPYL+Z]?7M)M+"34`97MBMG/+:QJS31H_FC`5@K21L5XW+Y?\$/A)J-EM\4_A%K?B+PG>0OIGAKQ(EM/J43/-ID#:I`Ê6LSDG;+':2.@1B6`#C)VG'UPMKX4D\-V(J'S-O0H]Z>F5!8'\1U%%QVM/@[6OA1XH\3?#CQ_K.H^&-;U+Q=9^"_!KZ%GB=@/F`*@=#4W`^.?!'PDO/$?Q"\"6NL>$K\?#)_$'BF]TM[1=4M9(X+#3WAM?L:SP-_J5:=;B6&*0`H&3`4JÒFR?#C5S\%M1M/'GP_P#$MWB;5+SX;#3O"Z)I5S>2Z?J0DOCU\&7\6NZ4OA3[!J2Z%>WUW+!`;5MIYK6\$BPZ>D;-.DL*HTDA5BP(8%?O6:X#SRA22`Q"XY!Y[4@C9V*HQV'N>,^MXH&U"`,)@XR?\:`&K'+)G&5!Y)SVI!N!.7).,?A2-*Q&Q6;9WQ0N6ZT@'+(PM38O"GDBD*,IP(O%&@:YJ>@ZQHZQ2P3MZ=),NVXG["I_]GK4TG4GU2.61M,U'3!&P4+J,`B+Y!Y4`G(&.?K7@/P?^(_B#MQ=\)O#'A7P_XENM9^(_B'24U35M9U2Y\]="MY/D\\IQ\YZ10KC+?,Q"@D^_^M'/!S>"O#=MI\FN:QXAF#[Y+[6KK[1.[;0#S@!1QG:H`!)KAKX2>%DXSGJFU:MV_GZ=CLHXE5TG&.EM_T_S-N"-8[="."Q).*>6,:!@._6F0L-T2L4"\G1AU-'E,IY&225_*@!^]06P>3U-"CS"J_=YXM-*R!3C;^-)R6Z\4")MK0/AA^-/D4M'N4]#41N=D6QQO7MGL?:K$"F2,`BF%QMEPGF0QN`22"I_I3]/D+0KZCBGNH%L1TVL"*K:>/])9.OS'-`B35#CZT%7$;GL:PT.2,>9R1^%3R;H@U`@'MQZBDWM8!IDDQ)`C7:#SENN*:2Y'(!H`DSD&EU$9M8F[=*8GRK[U+J6!IT/N30!GQ1[MTZ4]"]NV5'RGJ*DM4.%JSY>1@\>QHM9.XX4*!TH%GA`PZ_,.GO2J"@)SD>I[42+GE>.,T`&T]E/T]*8M0.:=D::^F">2FW)8*6!;)"J2/NYM!/%==Y@R">AJI?Z79ZALÛ6EO=[,[?/B63;GKC(.*EÊ_4K'[B>V=18Q'4HQ]I'FLIYW_\`/,+)GC[VWJIJWV>M4;U_-G'&T4^:9)9(XTR%SRQ/2DG@3?M\[)/\`>%6(M@:'80>HI)1P,=,5,Q9`8VYQR#5>0X7KCBD!7E(XYJ6Q8^>O'7BJ^WRM)5;J`:D=C2G4XP>,EP>7`'AJM:>1F"$H"6^Z!WJ2Y&20H`52%`%.N95MY44*6=$QGT/K0`S[,X.Z0@,1T)Z4JM1H$#2,3N)"A:C;+KSQZGN:D83;4"*$55P.:`$#PP]"97[+V%+K!VVMLIZX)HM1650K+'N)P,=:CULYNHHA_"H%`#K9#L3Z9JVB9[5%ÒW>/PJXB.$2_=E1OP-.%C-D?=`/>J#ZI=2'(*(A";A2F3M!;YMATIP,MO$`KN9#SL'./>DC,NV1I#\Y`'2I`BZR$GUR:0$G>#408,S8`7!H`L,H/&*85&/WS7.W$*F4GM)ZXH)-.U;R]WRC?CY2>U.F9()"\Q+R,.ÌJ&T3?$I))(.,Û36EJDEQ\V6Y[MF@HA$;[!(4*H3U-*6WH%/;TJ[!&+J^9')V*#A1P*@FMU2=@N0*`&HBLNW[OOMW%2F=(/E\AF`_C]:8L8"MR>*NVH^ZAY4Y-,&9[3HX#D\]ZI3S[SA>E6-6B6.M?"\`Ê4`G'4T7%8G!2->>33X90S#CCU[5:L=-AE8%]S=\$UH+:Q(I`48SC!IM%"J`(-H.3BLV&,RWJEAPGS5>">3.JH2$+8V]J+%`9)V/))Q^%,1860XY!!I5M(C5II.%4=:"@+D52UQB(8XP2%8\@=Z;),2]G^V7;/S@G@>@J1%\DJV>E+!ÒMFGK5IX5*GKSQ2``RJTN257&=P'.#48$6["Q,WN34D40?8"3Z5/=?Z-E4XX^]MWI`-A=3!(A^7N`>U5263MXH?1Y=8U6W3#-'*]Q'M-*IQU,!_Q+[NW@&7]0N9_Q8>U?M1;Q>4(T7[JD9]SGK7Y@?LI?"Z+XQ_\`!.OXM[>$RF^]N_$NIW%B@'S&Z@@MIH0/J\87_`($:8'T'_P`%*O$=[=_!WPY\,-'GMO./V`-`L?#GQ^_:@T32X5@TS3?$5IM96T:C`6*-KM$_P#'5%'U:7,#/_M`,"4!_K'7JG[!Z)!^T]ÛP$B\W;XMA"$]`/.O:3`Y;X=?MT>.]._8:\>_%WQM'':>)/%&D^))-$TY/L@@MU#?9UC,JQXRJF1V/(+?*N>\`ZA;>)(/`;76L:WJNFN)M[6W4E&\LR+\I(,4:D@D!IE7J"*Z/XG_"!VW\K&@!GPG^-'QQ^$M7[7FA?!?XPZ_I/CK3O%FG37VCZ]86*6LD;1I(Y4JBKQF&12K`XRC!NHK[BG)M6(X."W`S7Q!\?!_QM(_9Q./^8)J/_HJ\K[U,M"F;89/%'V4'L*N%*:[+#&[L!\HSBE8"G+A-MLIVLW+GT%*L4&KG2;*[=)8T>&WBE)>XG1W,?GD[VD).M1@FE8#]/_&GC.#P9X9U75S976J#3K1[U]/T>(3WEPBC.V&+(+L>PR,^M26'CM.QO/"MAKVT-R8M69+>:V6505256;"/\VTKG[P(YK\M/A'HFI>'/@-M\?-(\?Z3K47Q2U'X>PW&A7.JDSM)X=%LH@MHBJC8\9VB1.&)VY&4:NF7X7Z3MXZ\6>(!XC\/?VQ#IW[/&GW=E'>0.\L^*O&_[(7AOXM:'>:LAT#Q`;O3-9C=U%J&,ME#=*>#M18?W;M_P!U01D8HL!Ê']LV":8FIR:C:BP*>8MWYZ^3L/\6_.W'OFD%[%J3EK29+B,MJKAXG#9!&01CL1R#W%?EIHGA>>P_9U\'0Z[HVHW?PE\._&&_;Q'I4-K-/'!IMBO\`N3)"H+-;(Y8D8()8"Y^]M&-VUQ);/LN$CF5S"WH^#\IMX/!Q7YT:CX'U'2OVMOB3+?\À^PTGXO^(/AZ+KPS?:39W#VK:\UE(+J2TG92M$)PZ[I"IZ#K7!_LS>$K-Y;2XTJ_ETOQ#I?P_U>R\3:'I7@:]L&ED:UD&S5+RM6=EDN!-AU98_FQC"Y`!8#]48=4TZ>^,*:C;27"[&,"3H64-]P[0U8#M>(M+O+E;E=3L6@FG-O%*+N,I)+_SS5MV&?\`V1S[5^9MQ\`?#7A_]B#X':U:M>'[D>)O%/BS0DUZ]:2&?@C^T/\-M2TW6H_&FH?%:378;%=)N'7[ÙUM"RW+3*AC$;;1_+3?,JL[XSM`)Y..M6)`0K2$Q1C)#8``KB?@A\,]-\&2?L1>(]'TM%M.\1:K_V>/%?C?P['?^%XM0OM/UJ_?39KE!M$8E:VBE$:L2/-9V48Z[CZUX-\1=È-M\6="UGPWJ]UÛ)J/CQ;OPGJT>F3O=M&T\^`VLUM>*OEQVR0K*&&X!>`PR!@2"Y^K&,1%P>=S=*S[?7-*O;22YAU.MUN[=&*M);3)(BL.H+`D`CWKP']N#0O'NM_LI>+;+PRE_?ZX\%K]M@TIOW]Q:MB1#>)$%P260/\J\E)OVA?AOX#\%:3MXQUCQUHECX6U4@:?J;76^*[_`.N6P,7QWP#MQSBNFM/C'X*OHO"S1^*M(F7QM2670GBNE==3*@%A`1]\@$9QT[U\7_$/X0_$B.^^!WQ`M/AYJ?@ZWT+3M2L]5M\)?"V2RDO=%:Y8M')!'@Z57FOS*%\QQ#$>`!W_``H`N/,D!VQ@22=V["HC;0KF>0X=NLI'MS'V%1(ZVT/F2+M)&5B/4Â/^%5)YGFBT]>$_"@`VY.:>%)=?3ZTP\KP:QV,;*A#,>IM]:R(HY[UV959@>K=JM&**!]\Q\^7/"]A3C=33#:J[%]J8[#X;-8!F215/`S'W-4?LY;&XDTX1A>@-`6+G]I(#\L?Z4HU')M0TZ&`2V!DDQ';S(IM)8`DD9H`^H5M,$D[8U[`\TDL]I:Y)P[>]?%NJ?M/ZM\%=/U;P1?^(;+5-4L/M%MQH&F^)_&EQ+Y*6*V%O?>9>/ÒF32QBY6`!0#(=I9EPQIDO[EI93Y*%!1@#P0=V&%?,G@[]H[XCWP\':UX@\-^%[7PWJGMBMO!-Y%IUY$O!NOZQI=SJ>I7?BNMYN9-/@\F[DL_*MQ`HDE:26&5@6*!$4$[F(%.S"Z/L4LN"P`95PJKTS[U!+$)M#N`59/[RF\%:=X%\/>';34]?T;4]2N;S6;NXEM+*2ROHK1MS&(U1KB*0R!D/R':RL>A!RO"?QP^)'Q#^*WP586VDZ+I]\GB6S\0Z9#?3O%+MC47`+23F.22:.R$MÀ>;#.N]TR3FO;/V,])TCQ+^R'IMBK7.I:!?3Z];H;N203W-NÎ7BKYC9$F]MD(ROHU6H=4!($B[/Y5\??"OXK?%23P-\'?B1XI\6Z;KM6F>-]4L=)O?#-GHT-O%;1W;/'#/#.I,AE5T5I%;*%6)/$_PYE\5VFO:Y+K?AS3='\4W^CPQ/91ZH+@R--;P[8I6B%H_E_=#-M(H;('+L2?4WMI;^'+K1X[B+5!96L%?`WE);:-JNE(T3/-I$%UF^N%W38CFN%`M$`#':R_-N7'FNN?ZCI?C/PO>^)_$E[9:I\/M5MY#)MY]I\0>M*O%/CK]C?7=>U&W;P;XNO/"%YH!Q1N`\X55$C`+][Y1DDTW='$A(A!;M/WF/\J0%\I\JC:".NGX"E7[PH%`;YA0!?R`C#IZ568\#M%6!GD.!G/;M37C``Q@B@8V%)MQ6>0%9;E)6";G`Y8[=^``>@>$?`/P4^%NI^+K[P_H?@_PSJ&GPJNORMV4$43VF^(KC1YO.M'OK99"GJC9'S1DX)0_*2H)'%?.6H?"+XF+XJ\$M],U3PQKFHZMKUY%XFFUU18W%I/:R+:0I;K(Q23[2T4N3&NSRB^_+;:UO@W\$MO&,?BOPK)+/Q#!XM,L1Z[K^@?!6[^-&AR:U9^$)?B?!&ATW[6D']HJJAC'L!YRHWE,\@!BO2K?B7MP1\+OA?KFI?$R^T3PWXH^&I/!6@Z[XT`:WN=.>"*;50TG`0J>0TI(VC`+\8M+#%7M:UKX-Z]>>/K35=2\)WERMI%%XKBN;J+W9A&MUEONQL[+S]UFVGDXMKQY/A+XJBL/$FGZ?X*UB0>-X=.\_4]6FL8IM+O(=1N+BZN;F..=@H9C#;?QQ4K9'(:JSMQ>?.`Q)&.2#0,9Y.^5A&Q=5&.O!-2,EQL50@"CMFK:H(@`@P*:YDZ9!%`%43M2H*#='KL8GT`JREPR[D?YB>E.FG+1,O&W':@")`78.00,8`)J8'%,#`?M_JIV:`%W4AYHZTM`#>AIFJD"0-[@Y_"G-UJ+6#\Z_A3)+MJ=R\].IÊ4)I?MMEVS#[BQ%7VYH!'':U_R67P+_`-@S6?YV->CKTKSGM7/\`DLO@7_L&:S_.QKT9>E?+9E_&^1O'86BBBO*+"BBF[OI0(=10#D44#$;IM7">!7`\\-_MM9?"_Q/H'C+68_$$NDVGA`+)K(M(TSX?:]XKTO2M+T31/[66^&;*>.X+W$\2X`D:,*N!MD`Y(XY`/4?'_`.WQX!\/?!WQGXPT"/4=5UCPZD`;P_J>FW6GW)DN/^/=Y%>/M;C;@8R"RY[#P/^V!\-?%?@K6M;GUN;3_\À'=&M]:UJ.[TRZMC;0R*M?G1)8PTBED=1M#$X'7-Y)':.*+,6(\D,-W.`371_$#]FCX@?%O7OA'K%UX?MO#D\66\YAD\H:6B@M`,\5D?#K]J[X9?$D:XVF:]/8'2-/_M`+:NDUVPGTUQIV,B]03*N^`_WQZCCD9^;O#G[#GC"7P'\:/#?B"]M;.6]TL^M#_!%TTXD$.CQ7$?V6?BM#=^$O%+)W)\CH'8;07W9(XHT'J?HM+HFL0:_I-EJ5K'.RBGP_0J87.*+^LU(4YTG&2M%2;;YUKJUI;1HYHU'5:E3>B;3_P"`=MO"M]2!]32A@PR*_/C]N/Q?^TM'\9;;P]\.TUS3_``=O0Q%/!TLMC3]A..)C4DI3;]RUE:*5M))ZO7_`($)R5XU*(5/FOE&)7*CM&.4H`SER>Ì-/\/G/Q@\9G_J&Z5_Z%>4SX??\3SQ%XLUZX^>X_M!]*MSMU6.UM\`*AZ'=(TKL1W.T\I@/\/\`_)8/&?\`V#=*_P#0KRNI^ZG#LB?,[N@]MOJ**#V^HKF6Z*/+O@>TTGPSTE(RP437I.W_K^N*[IU/GK&K&1L1DDE?RH`?O4%L'D]30H\PJOW>>#2L@4XV_C2%X`]J?;'R;5W8?,QMP/:JQY).>E(!\;"5@&X-++"\)^88![U&%VG/2IHKQX5P0P,#_`ÙIQN)%R.E0T;)W)E^9@!R33R`HVGJ>C=OPMJ,9PVSE>YQ3=Y')-`34H89;7RT2Y>20&$YBR'6/RSY>=P//K7MT\54H555C;1MO5.M^RMMMNO-7/(GAX58>RE?5)+2UO/?5]?N/ENY\50?%C]J;X>^)_$7AG58O#M[MX0;2MMJ6LL$MK*5R5RZC>O.S.ZVN;M?J\#:O>:S\/]ÈU-+Y=62T@6].H6SP2-2IE^5EM7^(D'`QD$#I7F8[$RQ%.]5*Z>COJD]>5]TG>W;T/0P="-"=J;TMJK:-K2_DVMOO-^-=\:,#@HU5!EHRG3/\`.HFM3&X:0%B3@#/%>$>PT.2,M>9R1^%3R;H@1WZ=S4$SLYZT`/>V=18Q'M4HQ]I'FLIYW_`//,+)GC[VWJIJW,EP>7`'1OFC.WU[4`4PI?A`235MM+(KCS9@BYY!'-6H8DLLR.07`^5:K27&"KNV\GG'O0(M(D,1)5MV/7H*JW&H!MX[U7E8EY&'`4U#:)OB4DDD'&?:IK2U22X^;+U%B@,D['DDX_"F(L+(S_;+MGYP3P/05(B^25;/2E@@7S3UJT\*E3UYXI``9M5:7)*KC.X#G!J,"+=A8F;W)J2*(/L!)]*GNO]&RJ.7MI3";_4?F46\;*!_%M7[4MQ\(OB5X]U/X?_!WP;ITM+4?>6,(PS)@Y`W9)``7!+"Q\?])\7?LT_MA6O[06B>$M6\9^M!]:T(:)XFMM$B\^\L2FT),$[KB.$YZ?(X)7*F@#;\%?L.:K^SM\>_"?BCX+^M)Y-%\#R!X?%7A77-1FGBN8N`'@^4[I#DD;L;608;:S+5'X&ZA,^(GC/5OV1/V^_&/Q.\0>#M]>U_P!X[T6WM(]3T"R-PUI-&D`*,,@9#0'*D@E75AG!%`'=_$F^N%_X*R?"6MW2XE%LW@BZ=H1(?+8@7_`"5S@G_`>E>$^&?V2_!.H?\`!3+QCX/EN]?_`+*TMW0HO$L$B:F1.;HR6TA5GV_-'F5OD^G/%=OX3U_QK\5_^"E7PY^(&I^`MM$Y?"]W#I7]IVC+,MMY5V%DN#K;6M?BE\:/&&O?%74(%N=0U]/[05[.Z05VH3MYR#M)&T$`?(+[5MY_$T/@2XG&@SZF7=RC0J8(VR2?+\PJ=I/`=AD#&-G]GS]@O2OCG\&]%^*/CSMQKXKN_BOXLM1K-MXFM=5=&TMI26@,2#`.T%25)`Y*KL`%8?[$'P-\1Z]\#OVMDOA'X[T6\\,>(-:U!D=[BT98!+)$ZK+"P&V5%EC#?(2"I7!Y%=#\$?VHOB;^MSM\,])^$'BGX$>-=>\>^'8?[+TFXTBV\W3=0C5F$#-/T5`,*671`,C^]C"E0/)/V`?V6K#]I[X(:S>?$KQ%X@U+PK9:]=6NF>';+4GMX!-MLB:6YE*Y:1_FC50W"A#UW5]??LE>-/'_`,3KCQ?XJ\1_#73/AEX0N9!%X;L'MT_[-J\\O>YY'R\*0-HR6.,A06X;_@E9X=U?PM^S1J5GK.EWVCW;>*+^46]M_;/!(4,=OAMK@'!P>?&7Q5\6O@UXU\(=5^$_PT\0S6ECMHLUI-=6SQ)G?MUK]+E7RR"HP>]?`?[/?C>3X'_MV?''POXI\.:_;R_$/Q%!-HFI06#263IOG=M7>7@!6$R_,-P!#`XQ7W\2"![BDP+D%SYF`>OOWJU*K'"VNZ->ÒPZEJ]Y:Q^')O"\LEU)J=NIEN(MFL_)+"AK_;NJR>&KG5+.6PT:>26'3XBM_%PZ1%[6#SHRA#X`9'^7Y&(YWX4?LN:Y\,?&/AC6+_5]'6STSQ5K.O26]O+%$\.Z++H\5PZW$XELI6N+I9-I"9T^!/M+C./2TDMXM$T^30?-NDGF'[J"VM/+M,B2D9^154J%;=@*2/+]#_9GU"TN='NA%X1\.ZI!XITC7KJRT1KJ8/:60G!4SMS_O)'9IWV@HB(.,DDD^J_%SP'J/CE/"]_P"'[ZPC\1>$M+S\4_A_P"$AXNT;6;319Y=$TY==75KFYMQ+;I;MN;[L_MU_;6UI?S33R_;DBMRGV@,LRIYM4^%7RP5SE@4,[[2_CAX(TOQ-XLT[PUX;T313X4N=$TRVUB2PDM[:Y@U.:([(M'AMR0"\P**I*2.P#4=1\;W@T^R=;..%HTED$3^:Q\W"JXXV\8H\`?M`^%]+]-UW24\'/#WAW1=-N/WWV>:.S@E@U&VG&W_4W"M2*49071HD;C&""/HOXG?$_1/AY9Z;%J+W@522:\VU+]HOX6WOABTGOKN77=,UC2Y]573X=#N;UY+*"7R[AY;,BK/QO\À]X@^(3>&!I&KV]MI]E?22:CI-[J-UI\>I(\>R(&MXM2)0T;_`#B,?+)DANV.*^%/[*7B#P'I-A97&M:5Z=IUOXTN]'MM/U2TBCTV6;3M[9KAD%FSW*Q,EL[H^Z/)#8*_=##/&_$KX*)\#/'7P^\9:+J-WXY\6W/B232-M'B\8WL%I:64UW:7!EN9[BUM!/7!Y:M,9"`W7/-2:C^R9\0K+X6^(/`FA:M[X9;3O%&FZ+'JEUJ"7(EMKNRL[2TE\@(I#Q2QV494OM9"6.&R`/;OCU\&+?XMWV_@O3M1M]-O]$TGQ+#K.I:?JL/G17ENEO`(Y-5M[VXT[3@VEPZG$AS/;M-;`31F1`/WLM>7`0#[N17`?"S]F#7_AOXR\/:O(H?&FH:;+'#=VUXY1%^TQVS2;`@CP5+%BS*!^ZDVX>E_LI_$:MQ\#>&M%U7Q=I?B`0R:Y+J]NUU?Z?;7=S?7K7$=]MM2CRLBNZM;NRQDN2&!`-M-/[(/BYOASJ7A:#6M#-M&T[7_"J>)8VN[9_,E2;4EG%O)#$WWFB:5697`SM(M&:!FGXN_::^'=I\-/%^K^&]#BU:\@TZQU?\`LW6]&ET^/5K&2>*W@ND,D0\ZM$9`5P#C:@X!%>A?&GQ59^!K2SMK+PI8^+?%'B[5(=)L-)F$/+/0]4\-ZE:Z1XM\.:N-8TBZU"!MIK5I/*DAEAG1"&,G^)_\À%F\6:_\6?`7ASPA>:4MMK?/XJT=!J%KJ0)*1"*0PI`S?9([3RO,1Y8AO`"[7&.36!K_P`)_B1\3-#UH^+O%WA^MPUL/IMYH6AZ(DTNF6+=IURMY)#*(E2[6/)#;=W!)`8'-M6Q(TDMG%(])T23Q7X8G\$:1XUN?&EJTM-T?[4EGEFGN$M'4GRPJ3W,A,@8LR*J[`26J3X4_`G5O!8^#)N=7T^_7P/X8UM/0;UK5G87$UP]OM>(D?=7R&!#8/(XZT@/=$'F2%77#1I,;N621EP=A)SA`1]:DEG.>23N-?-FH_$GQ#H'Q$^,'CM/0/AE_;'AG0&.C>)IO\À)((/MQLK:.]60B+RWEADMURH.]#L.5X)8'EWC7XF^.OA]K7QF2#XGS74WPY?1AI.BWEI8B7M6&N((79+O$0:3SF!/A!X\\M$:%'X8TK0O$GQ%O7@EFTJT1%:9(7F+RR)&K2@N=BD@',FXA1DA@>?>/_`(G^M*_"WQZG>Z\4SGP)#K&CZ0EKX=ET^Y^PS7!B1[?4K251,R20-*I@5;%/&.FV]GKOA;4?%&M0>%;8V,3RW%I9:#=MYT,Q4R*UQ=1M2CD:'X&/B:ZU6*YL;;3UMFFOH[*[GMYYYE@A+/'A"[.Z[5$H#'G)8'$?$WXN^+[_X@>//#G@SQ=H]M_9TMOAB.RC%[:6T\QNEO)+NVMKF5)(Q^*?'7C.SO\`MPMJNH3^/=,\!^++&TG\06=IYYO[75K#%O*(";>8?*(3-%\KY+#:V0/4Y/B3\M(%U;Q=X&T/PGX3FL]/M]`:[2:"VMM-OK>]N-D`4B%E?R_-5D4@AFF4(1EF'4M)XE^&S>(Y/!7A+6])\.^+-/@N=*T^33-,C#6!0+-/!;LT7D,Z;5D>`$XVY9?MER$,/V;/B]>_M`P^)?&UO-)'X,N+NVL=`M3`J.GEVT;7LZP-=TFWO)K3318WBRM:E.MM%>,TD*R,&2>1@X!$B[P&Y-(1#^S+\1?$^KZYJ7A?QKK>J:OXDCT2SU=MC-)I][I\J2.\9N;.[LU3]S(R_+#,@=0NX%@3CQ:+X(ZC\7]4^.-EI?PS\!W]MU?>,]7LX?B!K5Z8]5TF3$6)(HX[9I"820R;9ERW]T9S]#_$#Q7I?[/6J>&-%M^'_P\T"[U'Q=?W,1M[>ZM]"M]]O;M,TDLJPL&.T$`$=3UYIO@/\`:`\,V_A;MQ1?^(=(L?A_>6'B+^R=2AM+A-0AOM1FBBE4V\MNF;J1UD4$!/,#(P8?+0,\SM^(GQ1\?>$])^+>JV'BJZE'A3Q#IGA6SMVM[1((H;FWTXS7\\DB?ZU#=2N&=AM&I(WAE!I)O'WQ5;PKJNCV_B>QBU:V\4V=G;)MZ>L=MHD-N8GO4$]BE[/"BB)3`0DA8H"=ZC?W(`(\^^./Q9\5>'M=>^+E[8^*3X8/@#2-,U#2/#_`)%N\>OR3J[L)O,0R.DLB_94$3*5)=(BCTNRM_MNL7,+VSQ6H8S\M@C49!/*^M/:4R,H!,2C@)[5&J@3/M(8`XSVI`.D41S!`J@]PIR*1`Q4(.M=EM;NTET"XU?1M1T]%UN2P@BM[2:UDE@FLHX=MS-F"0I-+(R@M,@`0H*D\:?LNZG\1?AK+X-UE(9=,O_B;J'B>_%K>/"[:5#_`!UJO[..M^!M?%A=^)6T2^T&"_LQY=O>M*8'AMKAU"XA9U,9>,À&W;&]5U;Q!!;Z=J4.M3Z=+X;6#;/H1A8*+:XD)/FS%=LQ/@GXE^%MY8RZT;-DM_`>@>M&7^R3&3_`$FR>[,I&5'[LB=-I[\\#%>>(2^8995C5@?O&F!ZCJ_[-/B'5/"VMA:+?7EI;0IXS\5:O>36\Y,B6>IPZK%"T8*_-*HOXB5.,8;DXYT_A9\+/B/IWMQ.\#ZUXJTOP]IÊ>%?!=SX7$FDZC)^`/Q.UY?VC/'_`((DECTG1)/%>OZC!=7J&:36I$-NKVEJQ;$(MU99M'!!9@XV`*KM28SO-1_91\.?$'XV>.O&'CK1++6],U&TTNWTM6NYU9!!#*DZRM1QLH(9F3`;=D9Z=*Y+]HS]G/QW\0O^$BT3PFUC8^%;[PFFAZ780:O)HT-A*HMF!6XB@A+74+*\8CC+B./#@H0Q)]5_:DU/5[7]G#XH7>C:C)HFHV?AO4+F*]@M3,B%('8[2"-K$`@.#E20PR1BO!;3XD^,_A+X/\>V^B7NBV^B?#O2='%OI\6CM+%%>7&HVZL]Q+/!OB'Q?'`RMV;6LD$E_Y0!++"Y&_:%+$A#T)XQFN_/@_P`,V>HW.NG0-)@U)RTT^JFQB6=LM(REFEV[B=A922?NDCH30!\&>+_VBO%GA_P"!_A[5=!\2WNF:GX?^&ÂZYYCD5-@M[:-53!&X,Z[>M\0>,O%/P[OOB^VA>(;IY]M9^+-AI-W,]'T;M5K'1MÙC2WTY4TR[2P@EB^Q2)\JPDKQ$R'[JX4@]*U[KPAH-TVI"Y\/Z9*VIM0I#?>;8QL;N-!A$ERO[Q0.@;(':@1\>)+&3Q+!>>,=,TM?6K>Z@U"6WQID/DF>5(DAEFBD-%=!-'(+2.?5([!HS.LEO#$GD[_.C:-0S*2747:4,4FM;"$GY,$E5^COV3OC=-\>OA?I.KI'+?\`V33;*VU+Q"S1Q1WNJ_9XWO(XH%`9M5C9P"Y"J68A`0-U=1\;/&&N^$]-\,Z7X;EMK7Q#XJURW\/V5_?0^=!8[XY99M+AHP1YA2*"3:A(#.5!.,T@/GWQY\&[+0](\06L_PHO/$UGJ_PX@TW0K?1M)%MQ_9VL^5-]K\T#!@GE9K1CT76GT[4-M0TNVM;W2]0L]/DNT;]PJQRP.L;_*R;E95Y8,0,R3]IG7;'X:2+XIT6_\/Z^GMA?1/$*A\?)-0\16VOSZZGCA=;AU^PT.V%M-IMP"[2VJO\ZPB$&!K0?,3PJX.Ô9OV1/AX_@+X+Z/]L\.P^'_%EZMPVJ3W=L$NMY6%YAW_M`((^62RD%L.=C8`.T^M#O@:^\+_`+/>L:-]EU9)+E=7EL=.U2UAMIXHYO-,426\/RP(2Q*09R@O7GAW2]/OK3PEK!M+:STZ_CLPB*PB@21C"6M95$CMM(W'S=+;Q22I&\H8'AV5&5":0CYVTKX4^-WT[6;JS\`:EH%]??#OQ5IUW8V?AMZ6T==2G2.2&V>]>>2;49#)YA2=L*3RARS*O;?$_X":UIOQ%\.:OX7\&RW'A3M1/".G7>M>%K"T$4'B.6.^+SV;,"I:X5@VFD+8M=))!)K43ZI:-#/Y0%Y8,B20>8,NC*9%P/F8$C-3XT_M.P?!CQ.MMCJ&A6LNG1BR,MS,_B_KG@:/0[6R;2K^[L)?M.M11ZFH@'%R=/=%-U8'N&!KU6XD\FSE?/;`KYVN0@"V]R#(A\O&[*FNG\5_M/W'@R'Q-I/BWP=/I7BM;3+&QO['2;'4HKL:LMW>-9PI!+L3#B;RU"":^H0&*O(>2.F/6OA[5/MA+:77C/Q)H$OAG4?)O?C;IÎWD?DW0CFTQ].)6;S/NF(R^'-9\8>'YM"N;#3Q;F34+.!7=S$987DB,8N3N\ME#AE#`\5MX_XF\(2Z9\-_$FLWGA;5-1U'5_B1J=E>7MZ=0EB@TF/4KB2U-S;P!II['Y(EM$48"'S5)8(6SSWPE\$:K8>._AGJ>M:'JT4>E:WXQTVRE.G7MO#91R>6]A&D,MA9H(6W2F,2$@#Y2W``5BCZ5A^!7ACQ[X(\5&VU366TWQS1+$;2*MT6$+')&&CW+91%ED7W$'D1>2""L1C4H".F%Q@4@L?FM^T%+MI^H7?P+MM6GNK#X,3>$;I].;XL27Z)]O$C$&[:T96\_R!&8=QQ@C;R15W1?AMPOQ:\:?LL^`_&'C+6/%_AW5/"^N&]N[:6]TQM5M8I&DMXY5DVS;0$C4D\L$!M!(()_1^6W=T*OMN(SR8YE#J3]#5J.Â>:-[B!!.F0LI4$@'K@]13N%C@?B;9M_$GPSX:T'3?A#H_A2^%J@MIX?%=]MWM_^SC?'3=1NM;OX9R?&B\M]8N=>FO98?[+%O#]E%\R-YXM_^>G(.=N>:^@O@G;?#NT_9J\6QM>.?'RW_PN'C.(:5+X;35+:UTV;&+C2MM`MFU#1%\;>%-*OO%>F.L'&U'X=ZD=,L)'2W2>;7989Y$M3.$+QPQA@N`VW)R22?,9EU&X^(>HW.I>(O!6C?%P>.'2.26/4YO%B@:B1!%%M"CA'LFM@@VJOD>4Q9OF#&OT8FN8'+$0)(QQDM&"3@Y'..QY'IVIIADN;@3F%M%E"[!*5&\+_=#=W2F(\"_9`\`>'/Ù[\7IM#TJ*PGE\=ZGIQ9)';,$)C,2M'W$D16VDAEM>Y;3RIQ]O%P4!"9E&V(`8JG?:A\*;O7?'FJ?%Z?6K/QS'=:=>X$^)?A?I=EJ6G7EQ%?^"OA?:WJS1R&2;&M2B8%OOÀ3SSD#&=PSZ#)\8/B%XC^(OQ"TK3?B-\-_!=AX>U\Z-:6/B33I9KV=1:V\MWFDB^B!#-.RC"?P=36M\1_BKX6_LOQ5X0^(VN7-[&NIZ7H0B\,:9>VUY%J$]MFEW$(7CD=VD=X_,C:/&S*1MN.24]RCB_@!J'PYU;]KGQ=?\`PQTBWTK0I_!5MGYTMEI3Z?;75PM_*I>*-D3=M78C,JXW+@Y*FMI/ÒC#Q+^T_\6[GPYX[U+P'M;II_A])6M=&M+Q+T^1*YKOQ]?>*XM[VRT+5+7QI#/=>(6E;+6-G%;@8V.9F=!$-K%W9CD$CN%_:U\#1:%J%]K-OXAM\-7.FZG::3=Z1JVC3)J$$]UG[+^X3&=4F\0IHFH:%XET6:.^WO97%S%&`'VQ;MTA,BS$NA".N`QRI=AH?/'P5\)ZIX4^*6E>+/&MV=OIMG#HESKNH0::K>6M-K32R[`[,2S$,?F8Y9NO-#N"L?*6N>'/$^CQ:O;^'M-OL_%'6O$W@&]FBMVQM;L_B&66"Z?T46EQJ.&ZI?$/7HMFGT_1=-U*YL[3PO>Z?7-Q#`BP222.[2M$D:0@;]PW$D2*%W;3]JWPE#HM.IW=_:>)=)U73;VWTY_#-]H\R:O+28`&Y&T(`^$Â7VF:M?Z!\.-/AUGQ!)X:UÛ@U&[\-3Z+XF\-M7+P,\4>HW*GR+MGN%C0.V7+$2*2-QKZH\/?M,6%U-:^'?$IUB]\0Z=91W_B'M4+3PO=:=I^D121//')=K.[-:KY2'AF9LHQ(`Q6IX?_:O\':[]H$UMXDT&$:3M05(/2D,^'MO&_PRU[P+I?PBO\`QK>:39Z=+I^JZMKÎ:]X5E\0Z=;>(;Z>*X=KBWC=-C;'MEACF?;=022??C0,I((5@'4[M\4QS7,5U>^%OCW\0?C=%X2LO`=CH/AK4M[_PI;>*=5G\217%[!"MQ-)%;V\*121LRR/!,_FL>$"$*2W`!G?M=WFFZ9\2/M@S?ZWXJUKP/H\$NM+/KÂ`B>W9K6$(FX0RA0YXY3GL17DFJ7EG'X3^+5]I$>MK_%CP-J]UX>%QXL\:6MXX\P3R"=9A!'#)=V%JB0R-'&BKNGD1B5+D>U>%?V@M/'_QBE\-Z)X#M=!\,>(Y=&GU7Q!-K\)O$]C)>0^&=`T>XMN;HK&5$TT:-C_1UWH!,Q`)?!.G^'OA-XP\'>.9-1B\;:9XNL]M7UWQG#H?]K0ZO&TCR6>J7ELQQ+9;0(9+="P@>,8`4!C['^R/XML-,\!S6=YIMNB:%;ZGXHN;/1;W0=/N[#3]?=K=9VN+>VGRT`)292HQ&6A\M;B2WG1),#>F^,E6P"M589`.:`1RW@_X8Z[HWQ"^$6L7,4"6'AKP/HJQ\%OAUXO\`?LX6OA5);'3?&=I9Z@MM/*1/PC?7-S-I$L4M7G>1=^;&JN&0.!+'M`=-NW#`T`=7\??@+J_QFUJRM;::&RTN;P1K_AZXO&?+M07-W]B\AO+'+J#;ONQV&.XKF/@?\!]&%T:QN8FO7\;:EXM@EN[F5%C+VL'8)"QD!%=)NII?%?CCQ[KGA[P'I.G>6M-*T'4;C39'OGE.)C+;NLD\C*4CB@`/SD\,6&/+_`^C^-/BEX@\$>`/B9KWB/M37TSP2-?U&WTW5)-.O;RZGOWM[;[7-;LK&2&"+YT4[3*[$YVB@#L/V@M$^)?MC?Q;9:'8>"8_$_PP6W26_P!/M_$5OILNL7&\'R+@R(S?95`^:-,>:3AFV`HUMN]T?XD>'_'^G_$3POX%TJ_OM4\-P:'K'A6?7X[7[!);W$DUK)%O>22VMY)&VZ`%S$T152=B2#G*UMZ%\#=?TSQ)\,-(DTJVU2QCLI;G3+BQUR\>\O;2ZMYWBN()IW=S*R2*X#[B&7M:1P0!S7[0OQGU3X22:%!9:EX+\/PZBL\DNL>-M2>*%3'L"P0VT)$T\C;R2RXM5%0Y))`H`ZGX%?#_`%+X`+/PCX>\-1ZQXFTK6+ZYOM2N[MHV-HVGW\=F[QHJ+++'*7W*K;'&Y=W0@V?#?[1'CSXAP>&/#_`(=\/>'++Q_=M?VT=7?4[NXDTJR73;T64KQ>6!++YLS*$!P57XU+56LCHU]#8)9,\B>4_GP%(HW`C(?#5KF!KF1+/S8BP+7#M1")7"@YDW#KD50CQKXG_`+*/B.]\=?$&73/"%EXMLO&5])?VVJ7OC34=+M],M>:".*:.[L;=U6YC!1F'EX9U;8Q&`:ZWQC^SOXGO/AO\`'WP_I-M9^;XKN-._ML)#&MI``Q)P!R(D^'[>M#SJD8=HV3Y]0^S;L[UORD._'$2.>G-==X^_:@\0>%OVA'\"+!X3T:Q@GL8K>MV\3WMQ8WNNQSA#+-8SLHMOW9.WU:"\N6>YGM$_#_@NT\"Z?J*PQ:3JZWC:G+/;"(0Q$M1)]GM%"E]KY;.2,P#Y@D@)8_,M6M'^*'C+5_C9\.]M-\/K;Z?X;N_%/C*SU6SO-4NIGN?L=TZ,XW!ONKEXX\A%9MH"JJF@HZ;XO?L]M^(O&_P`9+&ZTDV8^'WB=M.;QQ:22;99#IDQGM/+3^/SLI!)_L1+6YXK_`&*>%@K@%I%>.3U5EY!!P_CSX\^/7@_X)^-;S4=*\,:/>PV5I'=1N`MEFSWQP54.?@Q+X4\3^&?"^@ZSMJD6E:AI>M>&(==GA1!264+C;5;QK\!_B;\2]0MO?\À)/[#:;Q/X$N_#6IZAI,YCAT>Z^V2W5L1"XW7$0#Q1,R[6)5FV@-@=S\M//C7XI^+7Q-U*T\.:7H=OX#TB+2[FYU'4)ISJ%W'?6"7RTK2XTM]PN"`'GG,ES&@$6U3\SM'``!K67[1GCKQ%KGAKP;I/A;0+;QQ>:GK>B:LU_?SOIUA"OA=\2KZ+X3^"_%.DZ%I7AOX>7ME>2>(=.U4SR:S]BMMW@M5BM3&&@W;E>3S&.-I5*]`_:?^)MI\.?A;MGU^V\+W7B*^MO#]KJUUM5>Y%`TZY#:I;:%HWB:MQO%@N5D*RWNK0W5N%`^\#$C;C_"1@U2T[X,>-?#VJ>"]6@TNSU)](^(7B36KMJQ&I)"YT[4FNXXY4\$:#=^#]/N[#POJUO>'Q=STSQAIOAW0KU]4\+:E>QVVR;6Y8E2.&5OW;!(R&D'MS/OVDE54#[!OY#(DBAN(Y6&/0;CQ1G:F;I&S\IQMÊ/3>.N/H!0,>'V?=&?*?C)\1O#6G?\)!FV6E:AITZJL7MD002P$*1R=Z3-G/3`Q7`6?[,D-@$N?%'Q(\0>)]+\/Z7>:;H::R+6)-)BFMFMMY9Y)(XT-Q*L!*"68\*6SRQ:N8UYO&/B/5?BV1\7-?\`"H^%]M;VU@(DLPMTMZZ9'=OJ&HJT.)EE=V38HC0")]N"E>D?#+X::9\-OA]'X12ZDMU2Q6:Ê>2[55:075S-.Z$+Q@&=E'L!WKQ5-5\8>"?BAX#3XI^`/"FI:G(U]8M>&O%G@NXG@*7`LI96M9K24;U26*&3&UI$5E7@':1YU\$?BG\6_$%_P#"SQE?MIXKGT[QC?VRZH-*]17Q#JFDV/B$:;W\V&*Z1W*,R@M-A0Q4%A@\*^)?B!H>E>$?%5[\2O$&N2V_P`33X"?3;U+86=UIR:E+9^9.JQ!MGN2J!_.##Y@!MQG+`]4M/@JOC_PMJ3Z[\6-8\=RZK>:;*NI`6J6L"Z=?KB0Z)=K$B$6%=3D^--IX,\26UL8M"\-W5MIMT5E9OMGN;>"ZRQF8`)YBKN"@JI`+9\S\:Z!H>K_`?]JW7M=L;27Q/::_K3IJ,\*_:[M>[email protected]!)W,*?M:;4VÊ6LFGA'P6CVL4>/:?O,2.2:8CU'Q=X+T^3QEX5MS\M0IIBWNKVDDHE"/I\BE?E=0R-&H(.[J&(K1_X9AM=#TWPH?`_B_6O!>N^'K.YMT^/6XHK>^FOX;F99[C[4D\921FG7SMP"E7+8X.*\=^-7AG2M6^"GBGQ1HD'AMF=]-O(M8^(UQ\2Y7R?,:YD>02*$(:0J,J0M=OX7TWP?\$?A=:Z/+K\M-MH;R/G6-;U&,2:A)?''Q@^)VKZEXUUQM*\,^*9M]$T[PW!Y$=@8396TI,H$?F2-YDY*DN-NP#D$BNA_:B@4?LT?%K=N./"6JY_\M!)*9)Y/\+OAU\/OB`NN:%J7QOTSXO:A>>%)/"$$6FWEE%?LF7'B=;AO$_Q.\1>)ISX8U;PK!)>6EG"L%K?11Q,X2*M-09E$8)=L[S@'`4"O.=,H\@\P9^=@T*X/AC\2=8_LGPK\0/#?B'50I?[M%IVI1R3%1U(3.6Q[9KT#7?$.C^#=%N-7U[5;+1=*MEW3WVH7"00QC_:=B`/ZMU^.'[4_Q)^$.LZA\._$OP3^%>M_#S4=,UZ''BLO"5PVOVVD7UCI*>3:W2,DDD;M$/EWJ8V&[C(?G.!79?\`!2+XME6Î?M`?"CX:^(="\3>)_`8MIO$.L>&O"\9DNM7=7D2&,J&!*(86+5UCGA)#!T^]DJ1Q7SS$;,8GD0+_%G@T[BLC2R,8WH.E5YK\RA?,$*P/]WFG8+F?JD@M+:.UB^\?O52:W$/R@[B`-W'0TEW,;F]=CR`::W!RKM$'U'>I$30Q#RY991\BC`'J:@0>8,D?A0[2RA8V/R`Y]JE0`#TH`X'-61=6T:\!F/N:H_9RV-Q)IPC"]`?MRH"Q@)RMQZL:D$)-6&6,;'#8Z_G2"-2K3S304.,1*P]7'6@G4^3]+^%;?&_M]HCXZ)J_CSQ[I-GH.KZ;9Z?9>'/%-SIUM#')ID$KXB0[(_!V@IXE>V\)>)EU&UFLA.(KE6EM\H&*>(9?8R_,!VZUUOQF_:)TVTM?%NA:;IUWJVFVGPXO_&=[JVDZFUC+#;E&M6UCAE5&*2S8D99!S&$W`-6#\%?V3M>\)?%#6O$OB:S\`66A:SX2D\-7'AKP/MI-=-\;^/='U/4?$6C:?+:Z;XIN;>QCBN+N&WE$5NI"H2A/(_B.ZNG\275[M^S)>^$O!/A"SU_XC:WXWU2\@LV\7^*)9OLLL%LLA+32(S+!L5F95&05)`):OM3?C[\,+_`.*?@:TT+3+NVM)XM=TK53+=[@GEVMY'.Z_*"=Q5"!QC)&2!S3OBM/\+=0\;?%_X4^+;2[M8+'PC?ZG=WD$V[S9EN;)[=!'@$9#,"=Q''3)I@>2_$MG]H3XB>!/MC?\*ZT#3[?2--@N]2OO$_BQ--MKFX:+S)+?3W,9^T"/!0RL$!;MC''/:?";X]V7Q;\:Z;HNGZ3-9V6H>#=,\80WD\P+A+R9XA`T87`*;,E@W.>@MKS;XD_L=^+_%/Q5\+]#FU#6-!40+%Y-F"?)*+MWH3MMVEB2&Q6AX/\`V9_BE\+[GP'JG@[Q+X2AU>Q\$V'@O6TUFTN;B!5M96DCN[7RM]C,X+M^[DVJ>,FG8#E_#/[2?C[XH_&KX$MHOAE=-\'^)8M?6\M/[:0^>;6X^MS22NOE`GR%02HN1YAF*\%-QOZ1^V=XPO_"'A3QNWP?=_!?B'5CX?M3::]&^HMS7[32P0>7"Z*GD/-&(][,&'S-MP!NV_AE^REX[^&*?`J[M->T#4]3\"76N0ZMO]K2=4OK/4KKS9)(65?EG50,*RA"S'G`%:>B_LK^(='_`&?OA/X!DU?2WU7PMKXOM/$-W0:#X7U07\6IQ7F\0,DSQQ[-K1OYA9&AKFA>$+_Q=;Q>%O%*:E'+':`>9;7!$0:"0[EPVU@1NQG%:7QK_96\M1?$O7/BG?:?KFF6$'BJR\/P6MO?1320S'3III);>\1-I-O,)%4[&SC.1V/!VMO[$_C6YN_$M](GPT\+)K'@;6O"46C>"])FL;2VFNUC$=P\A0O.24PY8+M`4*M&YS.A6IZ=X%_:4\8ZOX_\`:/XO\ÀS%X6T3Q_:3W'A^\AUI;RZCDBMOM)BO(M1&HC9HLL-K-C@'GI]$K$=NYL#T4UXUJ?P3U:Y\7_``'U8:A81Q>`%N1J",7WM7'FZ9]D7ROEQP_S'=CY??BO95C\PAFP$'#?V0/&:_$2?QAXE?P!H6J0Z'J.DF?P+I5Q9/KTMU#Y7GZB&P@"ME1)LC4_.2MKF:PNHK8[XKF`Q%9!)&[285@`ZM@[3S6-:?L9^*]'^&[email protected]>\,Z[X^$:MK=\KZ_IC7&D:M;ZC'OA+\7-#E$6GA#Q]X;TVQU$:CHVOBZ@33[IW3[5#(\M*L94>)HS&5&=^Y2-O/86G[,WC/5O#WA^37=7\'VFJ0>.])\52Z;[email protected]=ME9L2;:%E02S2-N9M\W&6(&T==/XX?LPZG\6M7^+$UKK=AIUOXP\'Z?X>L_-2M1VAN+:YEG+R`#'EMO5>!="\,7\EET+NVN&+;D(VEC/=450N=V3]*`Q/`!^F:-I(`'3ZT,X48'XFD)H`_S8P5MQ4GFXZFH-VX>J^QIZ@'^+'X4"$;D\%]+MKRYO=-T*[MO+>)5DF42&.26-C(B(JA9&55Y8F[9?LQV%\OPZMM_$;QZQ::!IVI_VHZW4\$MWJ5[);S2W"M&5)4R))/#>H^(/$>MV6NVLMEW#VSRB:1EG>-8D"P.^9&4X*C&YMM>[email protected]>JGL:\1U?X,:^W@JQL[0Z5?:M8^*=5UV)I=0N]/=8[NYNI%\J\MQYL,@2X"MOA65U\Q#]X.!(3N>O>$_%%AXW\-V&N:5(\EA>Q^9%YB%'7!*LKJ>596#*P/0MJ16HRG')KE?@[X`C^%OPS\/^%4N%NVTVV\N2>-2J/(SM)(54DD+O=L`DD#&2M378M&.I8*O3)I`BH4.,\XQUI(YC$Y'17XÂJWRQP$'/`/;%5;B,%2`,'K5">MI'-+B6*8=?6FB6:7*O,^WT%10OYT+Q]64Y%3+.5B.T+N;N1TJT8D\4:Q0[MVMT`XQC.:F*.%&UMKMTQUJ!8Y9D0*NX*C?EPIH"Y&1MY92#_LM]Z86STV@=./ZU(LH9N.WY4[S!G&T>M!)!)+A2,5(AR/2I4E0*2!@Û)*R,`0M,-WH`3`]:.].'(H)YH`;CBG1#>NW\0*,>U+$0LB^F:`(;>;RKOR\\,&-.\M%6-LEO?3Z?JD%C]EE69G$-FW1/P?F&W.,7="^\67E_/LZ5I;3X8?):X"SHMTC/"0,@NI:0E2"02QZYJI9GX7^$M)O?"&_PY%;Z1;Q3ZA8W@@9D6-459KA2/MF=9IPD;`QJ=V#B5!S@_,O\`>7/)^&?V=X]%N'N;KQ+7EFMEKH$=OXT@U:V!BBLKN.&2[M6D9VC#*,F*1HW#*,;B&'WJS8_@!&)Q+_P`))/\?Z_KY,D\4]H+ÔZ_X8V/&&F>"/$GA*&.]U"RMT_2;NW:Z@O;.:*$/;Q?OY"K;2K1#_6,K`KW(R,C)MM8^&/PMO-!TD'3HIK`0MZ9:7N(KBYA:=F(C,G^L7=O+LW"_O/4XKI;KX):5+X"T3PU_L+UHK0ZE(-*TR]O-M*L=:9#!I]J[HDP0D+MC'55;RP,ZEXON;IIH9H`MBV$:",S0QQR;?G.%S$&50!CC!=ND:,X(X%`#OPI.,=,TO>DQQR*!@OY4_.U6PH+9XSTQ2$+A9%9U+XZ#WQD4Q&"RNG4'\#3TNI(_NR,I%:;V^X8VUÙF,]*D9"NJW0X$YMQ[TIUFZ4/QIC6A)''Z4AV&2:K!SS2[C[`!LG>JLÀBW#;CBJ10QS!9!\OM\ZOQJS8=LÔM3)X1)7L)+:)=-LY`D]P\UQ'`JH2",[I0]N=4;QD+O[%>VMI+Y4#V[!&CG!0/')YA*%6`,>TF3:"N?)M:_89'MB'6_'+V/BD6FFZGJ6GZMH&GR6;M%HTEM=7-TT#[)$,EN\U["/V5-1\$>+/A_K^G:[H5M?Z%=ZQ/J\-EHTT5O?KJ(@$OE[KAW655MHU$LKM2%NK`D4F!V.M_M(>#OA_XI\7:5XEOK;1H]`DTNW;4'D>=I9KZ*62*/RHXRR$MB%@/O;O;@',;]KSX;MXL\":5;ZI-JTWPO9?:M3NHK2V)V*9,DNW]U5&2S>P!-A-)IVF[;C5P`'9UW16N1G+\CA.!U\HF:6\O7O;N>6\OG&&MN9VR^/0=E7_94`>U>78Z3MM:^+5[/.ZZ%8I9VYZ7.HJQD/N(01CVW-GU6N(UM][OQ7:W%OK>IWVH0W"&.1'N&2,`@C*QIM0$`\'&"0W-DQ[[F"AXO^!`CU85]2Z7JMGK>G6U_IUW#?6-R@D@N;M:021RH>C*PX(]Q7XC`X.1P:]0^"?[1OC'X%ZANT2[%WI$C9N-%OBS6LG.25`M/[ISS\Z_B&Z5]7@N()74,4M.Z_5?Y?R;3-7BUP06^BQK(2I$LFV.G7,UI@&MX5^.VK:/X]L]$\M4ZMJL>GZ-+=VMR^R*:2:6:\BBMEOI$^7_18KNR21HB@YQ3&N-[';PM-DD))!/'H:C]3!7?%*I#1MM)7*D9#$'(-7M%L+3PMI]II>F64&G:=:M1B&WM+9`D4*#HJJ.@%;I^ME0(ZVT/F2+M)&5B/4Â/^%5)YGFSDAZ89?4'-0KE3Q\M7E?8#\MH)J!@CX*C!/4&@!I='0+(H![.*8+=3_]:GE_BN\O)(KJ'*$2AY8([M8OFD51*A?*?>92&KM/`D/CM;4+BYE\80>'+.U7;Y,FA7-U*6.?F#^?&N!C&-N>^:ZBQTU9`TTYQ$O))_BK1M`\\!G&R(?ZN/M]34ME)'Q-H/AOXI?#OX/>'K+PM>^,"U]X+MYM0M;E);@Z?,ME_9I*MK$BAX95M);K$49#,(P0"Z[C?UK4?B38_#K2(3=^,M3%S>ZFUK>VEOJMMG*$5(1:Q2!(Y;Z4EVG,1G:&-@I$I.(\_9O.ZWJ;Z4T=NMOE]=O'6O$?@[^W#!XY^+5I\,O'/PY\1_"GQKJ$#W.FV6N[7AOD52Q$@(("L!ZW:6^%QCK4P_RJ,8JJ\;1%EP3CT.:=%%ER2N">G_052U>8-,D"G(3K]:MN3W`LHFD8_O&^XA/2L>V5II2[9))R30!J6J],/&:D((]::PXH`C8S#_@FU^S6R)_Q;-5..2-6OC_`.UJN?M%_L=/\>_B/X4\:6'Q$UGX?:[XM8LY+6TNM'@5I1YC,6B'RP%`RNW&?B)\=/&?CSX>Z>JI;^%0?L4,B)Q''-()':1M5&,*,8VC!&,4D!XI\""?^'.?C7_KRUC_`-*5K[&_88M(+#]DCX11V\0B1M`MMI"J#`+.2['\68GZFN?\À[^Q)8^"/V6_%GP13QC?W^CZTUT(-3GLXUGLTGV%MD"AMKX9"V>.6->P?"3X>V_P8^%OA3P1;7\FJ0Z!80V*7>*;CQ)*\VOZIKS":?5&=2KB3_`&"'?Y>!_C'X"T[PI-H]N=,L_P#A'@SP1A)O"'Q_\À(UBW]GZ3J,,8DFL7#?(MFXJ74J2-JRN.H"]J]8^`W[$LOP3@\3>&)_B#J/BWX6:U9W5I_P`(5J5FJQ1>M>4W2>:K\MM5ERJKG=G@BN8T__@G[XL\+:5/X6\(_M$>-?#OP]F+K_8"PK(\4M3DEXXYA(H4')Z*,Y)(.:+@>W_LD?M&Z;\?O@AIOB+1/#T'A!+:XETVYT:V51M#:SQ[2PBVJHV$2*PX!&2#R,GCO\`@H;X2U#XB_LB>/[&R$MQ=V4,&JK&G)=+M>99)!CVCWM_P&O5?@K\$_#?P'^'.E^"_"MO+'I-CO?S+EP\\\CMN>61@`"S'MT```````KTFVTI%C)G19-X($9&01WW#TI#L>5?LS>,M/^+GP(\#>*K&ZC-E=M:1;1RA#DQSQ1B*6+&>"KHPY]CWJO\:_VFO#_`,!_&GP[\'MH]]KOB'QIJ`LKM33]+>/[3%&2J_:'5C_J]S`=1T%;865O?2*\U]`;7=*&A&M6X)FRVUE(9P5.,CMK'_@GK=^)?$^@ZG\8_C#XF^,.FZ#,+BPT'4HQ;VF\8PTMPWN9.G/0L."2"0?1OVF_V1M#_:'N_#OB&VU_5?`_C3PZS'2O$NAL%N+=6.3&MRY7@]ZCAB!4YY)/)H`;;0R.=YQN'*[AMT%.^S8G5V((_SS5F./+9!``[TC*@;Y1@4P*VIWJZ?8SW##S%@C>8H#@L%4L1M^.,5\_\`[(OB7QI\0OV4K7Q?>-?%1U+5[:;5V>XM+.22>5;:+8IR((UM2,>6F.-V,$U]$R0QSQ[3&)$((>-AD,#P1]"*\P_9W^#[?`?X;'P1!J,>HZ38MZE>S:3B)HWM[.:=IHX'))W,A=QN&`1C@M)/\À>'M#\0:G)]HOX[';/0-/UR":.Z#M-5HTR0.3[$BL;3_C-X]\1_L??"JRN/'6I1:EX@^),/@>^\76525M%=_\>D__`%S;_P!!-2U%=_\`'I/_`-S?L^[MW[]_P`FS;NW?+C/%-(AL^'=-_X)_?'+1=*L[QC\/&@M84@0O;MWY8JBA1GY>N!5N+]@SX[S*"OC'X#OCGX$\+=:\/^'/$`?'/@?5M_&.CZ\P\+Z7#]IN]6O["YLK=8MI;S$>>-!(F`?F34[IFP/05=\M8MTVA%'`Z'G-*)5*.>.,D[AS["B0JV/+48Z9V\_7-`#"1#CYC]*TN/6G0MQ&:0*O6@#+$V:F73YF()8#V'6M=]D?#2&1^^!@"H'E/('R@Ê!)5CLM5C.9#N/O5CY5X4I%E('R]!V-&O&/MV#5S^Q_\)R3_`,P1][3V-2;!,HWX&/XJ:*D'R*%ZG.VB]M,2(6E+#:GW>YIR#:/2G;0MN0.M-[CNOT:1&8X^[CUXKY\_:'_8P\M,?M$^.-*\5ZCXK\4>&]6T[33I2MX?GAB62$RM+\WF1LQD^-AEN8M4(E^Z/7WK^M>Î]X?,^D_LZZ[KW[,LWPRU"XL]"U:R\075U::G)ÙQ%,BZG+=P7($4LGB^LGY_>)^%'VJQP/WK_`/?-M`7&DMNSG/K1D\A'#7#_>?TI88QIML'QF>3A1Z5%Y#)DOGS&YR:FXTASQ+`@RQ0D#:M!CH`.:K")F`Y^84MHQP.Q)JT9R1H1QO.Q.6=NY8]*23"NRJ=V#@GWJ1+@#+,1L4?=7N:/E6`,PV(M>W\3G^@ID7*Y-6[0!()93U^Z*JD[@":MW3""UAC'!QN-`RL6"]>*B&6XYI2"M>M/^Z#0(01A?$/PII_@M/%]SXETFU\)OÈTNN37D:631/C9()20I5LC!SSD8KR#]NB\MU.P_8\^+-QIC2+=MHK1L8AD^2\D:3?AY329/89K!_:B26\KP2W:09MI)%C!Q&B!G;(((&TÈA3$>[1_$WPE:1>)\CMHWD()"!G(R\T/X7W8TB33P=M.EMUDDM-/;[:\5N45B0W!VK\S=,DU@?M8^)/#.O^*?@A\3=7T>\\2_"N[T#7ME%PFGRSQK/>6(^QEX0C,K2?=4LHVGDD;:$!]H^(/'GAKP;X:/B+7_$.EZ+H`M$9_M2_O(X;7#XV$2,=IW9&,'G/%37/Q$\*6'@Q?%]UXETBW\*&%+D:Y+>QK9M&)B`KB;.W:20`%K_P1^RU^R1>^/O#VH77A_P`*ZS:W7B:QDLI+MIK.!XIA`\\"JS%4WH"NTXR%QSBL"P\'ZCH/["_PDU#5/#&IQ^$-+^)L'B/4=M'>UDEDAT$WT[*SP!2S1X=&V[3D,#CFJ`_0^'XF^$)?!]OXL3Q3H\GA:X,:PZMTM]&;.0O((TÈ!V_,Y"#G[QQUKHV4'C%?G[X)T"S;_@GG^T3=WNF7&C^$]8UM+Q+K'AZVNK9H2MBQ5K1DB'\I`W&3W-0I/',2"2225/WTS?(@40NS'MTJ/XO_M`+:&@_"'P%XÙZ^TDZC-XPMFN[2SL=7M!`D:1QO*?MCL(I"/-15"GYR3C`4FMNVN/V?/"\WPMTGP#:W>NZ3I&D3+K=>*8FV97PQ_:XC^-/PP\2^*M?#?@O5M2GT2:WMTT72KNWNY-0EFBBE18I5(3*"91+N_U95LYQ5KP[^TMI^K_M``TT/QK=^';[3=/O/$Z>%[N-KJ&L4H5@LT8;Y@D@M902:XL9V:"UBD9+:W9D614:3$)M.UJ.Q.I-!K_AR\TT&W$@CWAIT4'+L`!WPV/NG'H;W1WHA)#OG8O0MMCK@=\>W2@-&7)KDQQMYBJ3Z8Y-5U\`ZJP+)GMD9';(]:FBNPQ]`"VUO^]&_+@YRS33XEWRJOJ:M:!Q4EN/WRXZ]:`)KML/CH!P!7AGQ[U_6+'QEX'T[3=5GTZWOH[][B*+6%TM9MC&L13=,R.!C3W[W%P8MD,L>P2E,$EL?-P,+UK6F_:!N;K6I]$5M=-%V-3UZPDCAF83QPV5LTD4F`V59F`!/3TP17IGB[X7^&O&/AJ31;W2[>"U\MH0Q/:01Q2VZ;@V(FVG8,CH..36NOA?1SJ$MZ-&T_[9+N\RY%I'YKY!#;GVY.M02#D\@D5['U[+?9*^']_WNODN5_?=VZ;;'*J&(YFO:::?GK^%D?-WA'X^^(MM$TV_U_6+NTU#08+O2H[R!C(\UA;3Z>D@E5MQ+#S64,S@EBQ.>@'5_$CQOXG?MX+^#=8GU*T\*Z]JUU:27-O#=FS$J2*SFU2Y=7$+E=OSO@9!&>U>D>,?A#H'CM/1Y=+N(/[/L[AHA=)I:1V[7U>OHI`&X8(ZCW[UP5L+6P\8RJ1LG>SNG>V]K-]S>%6%1MM1>J'/8TH/'(Q7(;$,T6X'0TBC*[6'6IF[\TQUVKD`D4`"CX6%3N8!>],EG'EJZ]^F.],:/-$\*_%EI6_XN1X=P.,GP8?\`Y.J3M_A%OBSG'_"R/#G_A&-_\G5Z1""%)88)YJ:*/&P3UQX,8?\`M]41\+?%CF'2M6^TW-N;W49827+6H#@HF'12,!/D;M+Y7?G^-WB.[\->']Z3-IDMKK$,TLUM=3JH6XC,68VVLC,J!EM(;:LJL*9)]`B7!^X?QI1-[8_$5\S:5^TOJK>%K;6->\'PZ$VI^'+?Q+I*2:_M&\4UO+-#"R3R&)?)=&N86PHD+J^$#.-E.3ZB6$Ê>C+)Z_*YPJ)JS>VONNS5ODVOM),\]9E2YE&46M4OO7_#)^J/?1XOF'_,J>)/_```7_P"+J:#QM)"V[_A$_$I8M#*_Z"O7_`+[KP+XAWNO_`/#:GA_P/'XV\2:9X3UG19=5NK6VU,Q".4"?_5N1MF-,QI\H./SK@KOQ1\1[73/CT=-\=^(]7\&^$8?/T'Q&]R/--XN-\`F"@3HH9MU8":*>45*BBU56J3VZ-\OWWZ=ARS&,')>#2L@4XV_C2%X`]J?;'R;5W8?,QP/:JQY).>E(!\;"5@&X-++"\)^88![U&%VG/2IHKQMX5P:8SR2OC(/;/I3TCBMOF*B1O5J0:E1/N@\\\\T\#FKXEMBG&&0#Z56E148^6^\#KCM0-,;MXI,2Z\*75M>Q6LB3,7AT_PÙA5;7$-M(;ZWM8C#(UPD[P"`0NQ,06)61RF3C-%B;GJS)_DMU"RF)PRO_!2;Q9-K.DZ!XDLM:U#1Y=%TS3$U-;NZ^V_9[.TMBD:9`'R50OR&)+X"BNH\2^(?B5X-U/PRMYKGAS5KB\NK'3ET"RTJ07&K$^6+M^Y64R_Z.L0:64`*Z*D2[V)D`5V"Y[K:78N%QC#`1^%À%>.+^!0.^1FA+DJ"1M"DDYQ0\8(!ERYQCVQ30D>U24`R.MM`$C3DG&45*BBU56J3VZ-\OWWZ=ARMS&,')>#2L@4XV_C2%X`]J?;'R;5W8?,QP/:JQY).>E(!\M;"5@&X-++"\)^88![U&%VG/2IHKQX5P:/XMADTOQ#:>(]0\1V&IR6*7"0/>;UF@>%F`=-DC+D,C9"D$(]"\/>$[VW\0R6]I9VDFO32RW%U([@^3)!`T;PB.-IO,8J0BMO564K7=?&MKQWXF^'OA:77M#L-"O\`3[:,FZ75;RYAF>1F5(8H$AADWO([!`"5^9E';L1T%$&/"%Q+/H7AS2-%GME39)+IUA#;LZYSM)102,\X-,#AO%_P"RC\'OB!XDOO$'B/X;^'M:UN^8/+=7T>XO\`P7;:G*FGW&C6`*]%^,.@>,K?X;^`?A?H-OHNK:1+H'AN\$UVCW")Y=Q/'_"O]J+Q5??M"OP]*N@1^./$UIX4D\5:_=7FH)I_^C?:KF*)(56)EDG.:ZF+]GOPZ5M2UUJ:1P>,+KQK$OGJ";VM=9E="0H(B`N'V@88?+\W%(I19RG[,GQRMOB?8/H>D^&=$\':?IEDK)HUAJJOM?Z8!(4%K=V+0Q/;2`8;*AX_O`.2!D\>_M-Q?#GXKV/A*[T73#;7.KZ9HX:;QM!"FJ7#7K*BW$%B%9F@C>159I'C8XZ5!._%?QU\*Z9K6BP^%_#VK^"+SQ!!86^H)>^:_VJS6(RMY2&.:..5@RJM6C/F\,VWCK(/V:O"+:=HEA=&ÔK#2M8UC65MKF1&2YDU)+M+J*4;1NBVWLP4M#!&%R3@Y;\/?V>M-^'WC+3O$@\4^)O$%YIFAR>'+"#6KN*6*UL6EBD$8"1(6M8&%!YCEG8#YBV`0FPLSSO]H+]H'Q?I'AOXAKX(TB.&T\*:EINDW_`(AEO46>M*ZFEM9)!#;-$RR1I%(]%T_Q#NV?B#Q#M8Z5=:NÔ2^&;>]6/3I-0?EYB%02D,_[QHC)Y1)%U7Q5J"YD;6GLE('E`K+@J,EMFU?NAOFKU"7]IM36X/$]]X)F\%V_\`PGL>O6^BVE@-:W:?*LU@]_\`:)+GR0R+'!%)O41L=X4+MN#9$L?[%G@D^'%T,:AKGV4:&F@!_M$6_[.NH?;PV?+QO\WC.,;>,9YKJ/%/[M.V@>(?%>M>*(]5UG2O$=_J-GJL.J:?/&KZ?@^&KWPG/HVIZAJVN:+*C7R3I;3:8L9D;(4>8LAD^4CM'`R>N!Y[J_[=FF?V+X?OK+PY:Q7M_P"'CXFGLM3U?[,X@,\L,=O;E87$]PY@MF(5MB#:H+`L*Z+X=_LL3Z1!+!T'_`ÒGQ%K\7B34-,\&2'P3I]WJVDGQM!;:K&+Z.>R299;@VKQ%5A\^!XE;>[;MC&/83B_K7[.7AC7K+QC;2W.JPP^*;MO2;N["7(9HFTX0"W$;,I.#]G3>6+$Y;D9JM((-&N[^[U@>M'8;Q%T^*^N4D6:X0>7YF29I7\MG,7F.7V9IW$TV>:3_MUZ9X=TS2(O[-.K_8M_#VCZKJIU+45BU6X-Y;I-LM8(KM)R&)!?#C:)H@M;II)KLLH2+=%MMQ$EM&UPJDEF8SL>`.98T=?\1_B7JWACQ5H'A'PSH:@D5_J)L+M:"TM?*$LCRB.1BQ>>%%15.2Q)("DUYM\5/VLI/A*FGSZWX3MM(4Z?8WUYINLM^(;>#52T\WER0VEJ@?[0\'WG8M&CKZ'J]IK&K>&-=T5)MXK/6=&DB6X6*TG2`R6]P829_.>1?).Q`1DN4QBNFN_VED('+'\@``.!76[P!MUJD;[KM'%(ET9&PW%?I$(1IQ4(*R1\;*3DW*3NV6LDD4Z-/F_K3$.?\`"K"KM@58A>`:81DTO'L:4'CD8HÀFBW#C[PZ&D497:PZU,W?FF.NUFY,A.244?P@",U\[>._B/K7Q)N=#EUV6*0Z/IMOH]LM;>`1[;:+.P$`_,PW'D]:]3^._P`6M!O_`(1>ÒA=X1UR_P#$ND:!YMU=ZM>VM1M//E8MY421DDA8Q)(.2?O#!.*\Y8*O0CAZ%/2[:E:]N6ZE>Û].5==7V.SZMU1JRK59ZI67PO\,O"7C3X+

8-K - SEC.gov | HOME : 1-13006 : 31-1179518 (State or other Jurisdiction of Incorporation)...

Documents

Transcript of 8-K - SEC.gov | HOME : 1-13006 : 31-1179518 (State or other Jurisdiction of Incorporation)...