<SEC-DOCUMENT>0001104659-21-098605-index.html : 20210802
<SEC-HEADER>0001104659-21-098605.hdr.sgml : 20210802
<ACCEPTANCE-DATETIME>20210802092151
ACCESSION NUMBER:		0001104659-21-098605
CONFORMED SUBMISSION TYPE:	SC 13E3
PUBLIC DOCUMENT COUNT:		73
FILED AS OF DATE:		20210802
DATE AS OF CHANGE:		20210802
GROUP MEMBERS:		ESTATE OF KARL F. LOPKER
GROUP MEMBERS:		LOPKER LIVING TRUST DATED NOVEMBER 18, 2013
GROUP MEMBERS:		PAMELA M. LOPKER
GROUP MEMBERS:		PROJECT QUICK MERGER SUB, INC.
GROUP MEMBERS:		PROJECT QUICK PARENT, LLC
GROUP MEMBERS:		THOMA BRAVO FUND XIV, L.P.

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			QAD INC
		CENTRAL INDEX KEY:			0001036188
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				770105228
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		SC 13E3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-57385
		FILM NUMBER:		211134924

	BUSINESS ADDRESS:	
		STREET 1:		100 INNOVATION PLACE
		CITY:			SANTA BARBARA
		STATE:			CA
		ZIP:			93108
		BUSINESS PHONE:		8055666000

	MAIL ADDRESS:	
		STREET 1:		100 INNOVATION PLACE
		CITY:			SANTA BARBARA
		STATE:			CA
		ZIP:			93108

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			QAD INC
		CENTRAL INDEX KEY:			0001036188
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				770105228
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		SC 13E3

	BUSINESS ADDRESS:	
		STREET 1:		100 INNOVATION PLACE
		CITY:			SANTA BARBARA
		STATE:			CA
		ZIP:			93108
		BUSINESS PHONE:		8055666000

	MAIL ADDRESS:	
		STREET 1:		100 INNOVATION PLACE
		CITY:			SANTA BARBARA
		STATE:			CA
		ZIP:			93108
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13E3
<SEQUENCE>1
<FILENAME>tm2122038-4_sc13e3.htm
<DESCRIPTION>SC 13E3
<TEXT>
Document 1 - file: tm2122038-4_sc13e3.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.(B)(I) <SEQUENCE>2 <FILENAME>tm2122038d5_ex99b-i.htm <DESCRIPTION>EXHIBIT-99.(B)(I) <TEXT> Document 2 - file: tm2122038d5_ex99b-i.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.(C)(II) <SEQUENCE>3 <FILENAME>tm2122038d5_ex99c-ii.htm <DESCRIPTION>EXHIBIT 99.(C)(II) <TEXT> Document 3 - file: tm2122038d5_ex99c-ii.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.(C)(III) <SEQUENCE>4 <FILENAME>tm2122038d5_ex99c-iii.htm <DESCRIPTION>EXHIBIT 99.(C)(III) <TEXT> Document 4 - file: tm2122038d5_ex99c-iii.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.(D)(IV) <SEQUENCE>5 <FILENAME>tm2122038d5_ex99d-iv.htm <DESCRIPTION>EXHIBIT-99.(D)(IV) <TEXT> Document 5 - file: tm2122038d5_ex99d-iv.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.(D)(V) <SEQUENCE>6 <FILENAME>tm2122038d5_ex99d-v.htm <DESCRIPTION>EXHIBIT-99.(D)(V) <TEXT> Document 6 - file: tm2122038d5_ex99d-v.htm
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>7 <FILENAME>tm2122038d5_ex99c-iiimg001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 7 - file: tm2122038d5_ex99c-iiimg001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>8 <FILENAME>tm2122038d5_ex99c-iiimg002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 8 - file: tm2122038d5_ex99c-iiimg002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>9 <FILENAME>tm2122038d5_ex99c-iiimg003.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 9 - file: tm2122038d5_ex99c-iiimg003.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>10 <FILENAME>tm2122038d5_ex99c-iiimg004.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 10 - file: tm2122038d5_ex99c-iiimg004.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>11 <FILENAME>tm2122038d5_ex99c-iiimg005.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 11 - file: tm2122038d5_ex99c-iiimg005.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>12 <FILENAME>tm2122038d5_ex99c-iiimg006.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 12 - file: tm2122038d5_ex99c-iiimg006.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>13 <FILENAME>tm2122038d5_ex99c-iiimg007.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 13 - file: tm2122038d5_ex99c-iiimg007.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>14 <FILENAME>tm2122038d5_ex99c-iiimg008.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 14 - file: tm2122038d5_ex99c-iiimg008.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>15 <FILENAME>tm2122038d5_ex99c-iiimg009.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 15 - file: tm2122038d5_ex99c-iiimg009.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>16 <FILENAME>tm2122038d5_ex99c-iiimg010.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 16 - file: tm2122038d5_ex99c-iiimg010.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>17 <FILENAME>tm2122038d5_ex99c-iiimg011.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 17 - file: tm2122038d5_ex99c-iiimg011.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>18 <FILENAME>tm2122038d5_ex99c-iiimg012.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 18 - file: tm2122038d5_ex99c-iiimg012.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>19 <FILENAME>tm2122038d5_ex99c-iiimg013.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 19 - file: tm2122038d5_ex99c-iiimg013.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>20 <FILENAME>tm2122038d5_ex99c-iiimg014.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 20 - file: tm2122038d5_ex99c-iiimg014.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>21 <FILENAME>tm2122038d5_ex99c-iiimg015.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 21 - file: tm2122038d5_ex99c-iiimg015.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>22 <FILENAME>tm2122038d5_ex99c-iiimg016.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 22 - file: tm2122038d5_ex99c-iiimg016.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>23 <FILENAME>tm2122038d5_ex99c-iiimg017.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 23 - file: tm2122038d5_ex99c-iiimg017.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>24 <FILENAME>tm2122038d5_ex99c-iiimg018.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 24 - file: tm2122038d5_ex99c-iiimg018.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>25 <FILENAME>tm2122038d5_ex99c-iiimg019.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 25 - file: tm2122038d5_ex99c-iiimg019.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>26 <FILENAME>tm2122038d5_ex99c-iiimg020.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 26 - file: tm2122038d5_ex99c-iiimg020.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>27 <FILENAME>tm2122038d5_ex99c-iiimg021.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 27 - file: tm2122038d5_ex99c-iiimg021.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>28 <FILENAME>tm2122038d5_ex99c-iiimg022.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 28 - file: tm2122038d5_ex99c-iiimg022.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>29 <FILENAME>tm2122038d5_ex99c-iiimg023.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 29 - file: tm2122038d5_ex99c-iiimg023.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>30 <FILENAME>tm2122038d5_ex99c-iiimg024.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 30 - file: tm2122038d5_ex99c-iiimg024.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>31 <FILENAME>tm2122038d5_ex99c-iiimg025.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 31 - file: tm2122038d5_ex99c-iiimg025.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>32 <FILENAME>tm2122038d5_ex99c-iiimg026.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 32 - file: tm2122038d5_ex99c-iiimg026.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>33 <FILENAME>tm2122038d5_ex99c-iiimg027.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 33 - file: tm2122038d5_ex99c-iiimg027.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>34 <FILENAME>tm2122038d5_ex99c-iiimg028.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 34 - file: tm2122038d5_ex99c-iiimg028.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>35 <FILENAME>tm2122038d5_ex99c-iiimg029.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 35 - file: tm2122038d5_ex99c-iiimg029.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>36 <FILENAME>tm2122038d5_ex99c-iiimg030.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 36 - file: tm2122038d5_ex99c-iiimg030.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>37 <FILENAME>tm2122038d5_ex99c-iiimg031.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 37 - file: tm2122038d5_ex99c-iiimg031.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>38 <FILENAME>tm2122038d5_ex99c-iiimg032.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 38 - file: tm2122038d5_ex99c-iiimg032.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>39 <FILENAME>tm2122038d5_ex99c-iiimg033.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 39 - file: tm2122038d5_ex99c-iiimg033.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>40 <FILENAME>tm2122038d5_ex99c-iiimg034.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 40 - file: tm2122038d5_ex99c-iiimg034.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>41 <FILENAME>tm2122038d5_ex99c-iiiimg001.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 41 - file: tm2122038d5_ex99c-iiiimg001.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>42 <FILENAME>tm2122038d5_ex99c-iiiimg002.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 42 - file: tm2122038d5_ex99c-iiiimg002.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>43 <FILENAME>tm2122038d5_ex99c-iiiimg003.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 43 - file: tm2122038d5_ex99c-iiiimg003.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>44 <FILENAME>tm2122038d5_ex99c-iiiimg004.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 44 - file: tm2122038d5_ex99c-iiiimg004.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>45 <FILENAME>tm2122038d5_ex99c-iiiimg005.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 45 - file: tm2122038d5_ex99c-iiiimg005.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>46 <FILENAME>tm2122038d5_ex99c-iiiimg006.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 46 - file: tm2122038d5_ex99c-iiiimg006.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>47 <FILENAME>tm2122038d5_ex99c-iiiimg007.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 47 - file: tm2122038d5_ex99c-iiiimg007.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>48 <FILENAME>tm2122038d5_ex99c-iiiimg008.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 48 - file: tm2122038d5_ex99c-iiiimg008.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>49 <FILENAME>tm2122038d5_ex99c-iiiimg009.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 49 - file: tm2122038d5_ex99c-iiiimg009.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>50 <FILENAME>tm2122038d5_ex99c-iiiimg010.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 50 - file: tm2122038d5_ex99c-iiiimg010.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>51 <FILENAME>tm2122038d5_ex99c-iiiimg011.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 51 - file: tm2122038d5_ex99c-iiiimg011.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>52 <FILENAME>tm2122038d5_ex99c-iiiimg012.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 52 - file: tm2122038d5_ex99c-iiiimg012.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>53 <FILENAME>tm2122038d5_ex99c-iiiimg013.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 53 - file: tm2122038d5_ex99c-iiiimg013.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>54 <FILENAME>tm2122038d5_ex99c-iiiimg014.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 54 - file: tm2122038d5_ex99c-iiiimg014.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>55 <FILENAME>tm2122038d5_ex99c-iiiimg015.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 55 - file: tm2122038d5_ex99c-iiiimg015.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>56 <FILENAME>tm2122038d5_ex99c-iiiimg016.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 56 - file: tm2122038d5_ex99c-iiiimg016.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>57 <FILENAME>tm2122038d5_ex99c-iiiimg017.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 57 - file: tm2122038d5_ex99c-iiiimg017.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>58 <FILENAME>tm2122038d5_ex99c-iiiimg018.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 58 - file: tm2122038d5_ex99c-iiiimg018.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>59 <FILENAME>tm2122038d5_ex99c-iiiimg019.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 59 - file: tm2122038d5_ex99c-iiiimg019.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>60 <FILENAME>tm2122038d5_ex99c-iiiimg020.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 60 - file: tm2122038d5_ex99c-iiiimg020.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>61 <FILENAME>tm2122038d5_ex99c-iiiimg021.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 61 - file: tm2122038d5_ex99c-iiiimg021.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>62 <FILENAME>tm2122038d5_ex99c-iiiimg022.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 62 - file: tm2122038d5_ex99c-iiiimg022.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>63 <FILENAME>tm2122038d5_ex99c-iiiimg023.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 63 - file: tm2122038d5_ex99c-iiiimg023.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>64 <FILENAME>tm2122038d5_ex99c-iiiimg024.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 64 - file: tm2122038d5_ex99c-iiiimg024.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>65 <FILENAME>tm2122038d5_ex99c-iiiimg025.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 65 - file: tm2122038d5_ex99c-iiiimg025.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>66 <FILENAME>tm2122038d5_ex99c-iiiimg026.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 66 - file: tm2122038d5_ex99c-iiiimg026.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>67 <FILENAME>tm2122038d5_ex99c-iiiimg027.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 67 - file: tm2122038d5_ex99c-iiiimg027.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>68 <FILENAME>tm2122038d5_ex99c-iiiimg028.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 68 - file: tm2122038d5_ex99c-iiiimg028.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>69 <FILENAME>tm2122038d5_ex99c-iiiimg029.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 69 - file: tm2122038d5_ex99c-iiiimg029.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>70 <FILENAME>tm2122038d5_ex99c-iiiimg030.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 70 - file: tm2122038d5_ex99c-iiiimg030.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>71 <FILENAME>tm2122038d5_ex99c-iiiimg031.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 71 - file: tm2122038d5_ex99c-iiiimg031.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>72 <FILENAME>tm2122038d5_ex99c-iiiimg032.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 72 - file: tm2122038d5_ex99c-iiiimg032.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>73 <FILENAME>tm2122038d5_ex99c-iiiimg033.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 73 - file: tm2122038d5_ex99c-iiiimg033.jpg
</DOCUMENT> </SEC-DOCUMENT>