-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, O4ML9UvRZHF0ptsdB36+xJP5vrKBGSfW1B9EFezbPQX6Cppu2kO3jrSuyt1NbVnt 4T4SZcOpg8iecDyyT26/6A== 0001194794-09-000115.txt : 20091102 0001194794-09-000115.hdr.sgml : 20091102 20091102160544 ACCESSION NUMBER: 0001194794-09-000115 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20091102 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20091102 DATE AS OF CHANGE: 20091102 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PROASSURANCE CORP CENTRAL INDEX KEY: 0001127703 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 631261433 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16533 FILM NUMBER: 091151222 BUSINESS ADDRESS: STREET 1: 100 BROOKWOOD PLACE CITY: BIRMINGHAM STATE: AL ZIP: 35209 BUSINESS PHONE: 2058774400 8-K 1 bodyoffiling.htm THIS IS THE BODY OF OUR FILING ON FROM 8K bodyoffiling.htm

 
 
 

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 8-K
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):  November 2, 2009
ProAssurance Corporation
(Exact name of registrant as specified in its charter)

Delaware
001-16533
63-1261433
(State of Incorporation)
(Commission File No.)
(IRS Employer I.D. No.)

100 Brookwood Place, Birmingham, Alabama
35209
(Address of Principal Executive Office )
(Zip code)

Registrant’s telephone number, including area code:     (205)  877-4400

 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Securities Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-(c) under the Exchange Act
(17CFR 240.13e-(c))

 
 
 

ITEM 2.02
RESULTS OF OPERATION AND FINANCIAL CONDITION
 
On November 2, 2009 we filed a news release reporting the results of our operations for the quarter ended September 30, 2009. The text of the release is furnished as Exhibit 99.1 to this Current Report on Form 8K.
 
The information we are furnishing under Item 2.02 of this Current Report on Form 8K, including Exhibit 99.1, is not be deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934 (the “Exchange Act”) as amended, or otherwise subject to the liability of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.
 
ITEM 7.01
REGULATION FD DISCLOSURES
 
In this item we are highlighting our disclosure, in Exhibit 99.1, that we have updated our online disclosure of our entire investment portfolio to provide details of our holdings through September 30, 2009. The disclosure is available under Supplemental Investor Information in the Investor Relations section of our website, www.ProAssurance.com. The direct link to the Supplemental Investor Information page is: www.proassurance.com/investorrelations/supplemental.aspx.
 
The information we are furnishing under Item 7.01 of this Current Report on Form 8K, including Exhibit 99.1, is not be deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934 (the “Exchange Act”) as amended, or otherwise subject to the liability of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.
 
ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS
 
 
99.1
News release reporting results of our operations for the quarter ended September 30, 2009, issued on November 2, 2009.
 
 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Date: November 2, 2009
 
PROASSURANCE CORPORATION
by:  /s/ Frank B. O’Neil
-----------------------------------------------------
Frank B. O’Neil
Senior Vice-President

 

 
 
 

EX-99.1 2 exhbit.htm THIS IS THE NEWS RELEASE THAT IS THE SUBJECT OF THIS CURRENT REPORT ON FROM 8K exhbit.htm
 
 
 

NEWS RELEASE
 

For More Information Contact:
Frank B. O’Neil
Sr. Vice President, Corporate Communications & Investor Relations
800-282-6242 • 205-877-4461 • foneil@ProAssurance.com

ProAssurance Reports Third Quarter 2009 Results
BIRMINGHAM, AL – (PRNewswire) – November 2, 2009 – ProAssurance (NYSE: PRA) reports Operating Income of $52.2 million, or $1.58 per diluted share for the third quarter of 2009. Net Income in the quarter was $55.2 million, or $1.67 per diluted share. For the nine months ended September 30, 2009, Operating Income was $135.8 million, or $4.08 per diluted share, and Net Income was $137.4 million, or $4.13 per diluted share.
 
Gross Premiums Written increased 34% compared to the year-ago quarter, to $168.6 million, primarily due to recent acquisitions. Book Value per share is $50.50, an 18% increase since year-end.
 
Unaudited Consolidated Financial Summary
(in thousands, except per share data)
   
Three Months Ended
September 30,
    
Nine Months Ended
September 30,
  
   
2009
    
2008
    
2009
    
2008
  
                         
Gross Premiums Written
   $ 168,559     $ 126,122     $ 434,714     $ 374,393  
Net Premiums Written
   $ 158,705     $ 116,409     $ 401,634     $ 343,609  
Net Premiums Earned
   $ 131,956     $ 113,449     $ 363,591     $ 349,794  
Net Investment Income
   $ 38,573     $ 39,845     $ 112,839     $ 122,218  
Equity in Earnings (Loss) of
Unconsolidated Subsidiaries
   $ 1,637     $ (1,967 )   $ 328     $ (3,916 )
Net Realized Investment Gains (Losses)
   $ 7,275     $ (34,236 )   $ 4,822     $ (41,011 )
Total Revenues
   $ 182,594     $ 118,088     $ 488,804     $ 430,779  
Guaranty Fund Assessments (Recoupments)
   $ (152 )   $ (356 )   $ (630 )   $ (995 )
Interest Expense
   $ 808     $ 1,141     $ 2,638     $ 5,855  
Loss on Extinguishment of Debt
   $ 2,839     $ –     $ 2,839     $ –  
Total Expenses
   $ 103,118     $ 90,891     $ 295,081     $ 294,358  
Tax Expense
   $ 24,275     $ 4,950     $ 56,274     $ 34,988  
Net Income
   $ 55,201     $ 22,247     $ 137,449     $ 101,433  
Operating Income
   $ 52,219     $ 44,269     $ 135,751     $ 127,443  
Net Cash Provided by Operating Activities
   $ 3,867     $ 43,432     $ 15,941     $ 144,887  
 
Earnings per Share
   
Three Months Ended
September 30,
    
Nine Months Ended
September 30,
  
   
2009
    
2008
    
2009
    
2008
  
Weighted average number of
common shares outstanding
                        
Basic
     32,701       33,496       32,988       32,519  
Diluted
     33,023       33,866       33,267       34,561  
Operating Income per share (Basic)
   $ 1.60     $ 1.32     $ 4.12     $ 3.92  
Operating Income per share (Diluted)
   $ 1.58     $ 1.31     $ 4.08     $ 3.73  
Net Income per share (Basic)
   $ 1.69     $ 0.66     $ 4.17     $ 3.12  
Net Income per share (Diluted)
   $ 1.67     $ 0.66     $ 4.13     $ 2.98  

 
- more - -
Page: 1
 
 
 
 

Key Ratios
   
Three Months Ended
September 30,
    
Nine Months Ended
September 30,
  
   
2009
    
2008
    
2009
    
2008
  
Current Accident Year Loss Ratio
     84.9 %     83.9 %     83.5 %     84.0 %
Prior Accident Year Loss Ratio
     (32.2 %)     (26.4 %)     (26.9 %)     (23.2 %)
Net Loss Ratio
     52.7 %     57.5 %     56.6 %     60.8 %
Expense Ratio
     21.9 %     21.5 %     22.5 %     21.6 %
Combined Ratio
     74.6 %     79.0 %     79.1 %     82.4 %
Operating Ratio
     45.4 %     43.9 %     48.1 %     47.5 %
Return on Equity
     13.9 %     6.9 %     11.9 %     10.5 %
 
ProAssurance’s Chief Executive Officer, W. Stancil Starnes, said, “In our historical professional liability book we are adding new insureds who value our commitment to Treated Fairly and the financial security that we offer. At the same time, we are bringing in substantial new premium writings from The PICA Group and our other recent acquisitions, which validates the effectiveness of our strategy of profitable growth through carefully thought out M&A. We believe this level of success clearly demonstrates the power of our disciplined operating philosophy.”
 
Non-GAAP Financial Measures
Operating Income is a “Non-GAAP” financial measure that is widely used in our industry to evaluate the performance of underwriting operations. Operating Income excludes the after-tax effects of realized gains or losses, guaranty fund assessments and debt retirement loss, and we believe it presents a more appropriate view of the performance of our insurance operations. While we believe disclosure of certain Non-GAAP information is appropriate, you should not consider this information without also considering the information we present in accordance with GAAP, which includes the effect of net realized gains and losses incurred during the quarter and nine month period ended September 30, 2009. The following table is a reconciliation of Net Income to Operating Income.
 
Reconciliation of Net Income to Operating Income
(in thousands, except per share data)
   
Three Months Ended
September 30,
    
Nine Months Ended
September 30,
  
   
2009
    
2008
    
2009
    
2008
  
Net Income
   $ 55,201     $ 22,247     $ 137,449     $ 101,433  
Adjustments, net of tax effects:
                                
Add:
                                
Net Realized Investment Losses
   $ –     $ 22,253     $ –     $ 26,657  
Debt Retirement Loss
   $ 1,845     $ –     $ 1,845     $ –  
Subtract:
                                
Net Realized Investment Gains
   $ 4,728     $ –     $ 3,133     $ –  
Guaranty Fund Recoupments
     99       231       410       647  
Operating Income
   $ 52,219     $ 44,269     $ 135,751     $ 127,443  
Per diluted common share:
                                
Net Income
   $ 1.67     $ 0.66     $ 4.13     $ 2.98  
Effect of adjustments
   $ (0.09 )   $ 0.65     $ (0.05 )   $ 0.75  
Operating Income per diluted common share
   $ 1.58     $ 1.31     $ 4.08     $ 3.73  
 

 
- more - -
Page: 2
 
 
 
Business Commentary
·  
The PICA Group, which writes approximately 50% of its business in the third quarter, accounted for $43.1 million of new business for ProAssurance in the quarter ($56.9 million
for the year).
 
·  
Retention, which is calculated on renewing physician policies, remained at 89% for the quarter and year-to-date in our historical medical liability book. PICA’s retention was also steady at 95% for the quarter and year-to-date.
 
·  
Premium rates on policies renewing in our historical medical liability book declined three percent in the quarter, and four percent year-to-date as a result of improvements in overall loss trends over the past few years. This compares to a seven percent decline last year. Premium rates on renewing business at PICA held steady for the quarter and year-to-date.
 
·  
Favorable net loss reserve development was $42.5 million in the third quarter. Year-to-date, our favorable net loss reserve development has been $98.0 million. This favorable development is principally the result of a reduction in expected loss costs, primarily from accident years 2004 through 2007. There was no reserve development at PICA.
 
Investment Commentary
·  
The improvement in our income from investments in unconsolidated subsidiaries was principally due to improved market conditions and helped offset a three percent decline in net investment income in the quarter. Net Investment income was down primarily due to lower interest rates on both short term and fixed income securities. The PICA Group added $1.9 million to our investment result in the quarter ($4.0 million for the year).
 
·  
Gains in our trading portfolio and net proceeds from the sale of securities resulted in $7.3 million in net realized investment gains in the quarter. This compares to net realized investment losses of $34.2 million in the same period a year ago.
 
·  
We have updated the online disclosure of our investment portfolio to provide details of our holdings at September 30, 2009. The disclosure is available under Supplemental Investor Information in the Investor Relations section of our website, www.ProAssurance.com.
 
Balance Sheet Highlights
   
September 30, 2009
    
December 31, 2008
  
Shareholders’ Equity
   $ 1,649,460     $ 1,423,585  
Total Investments
   $ 3,863,396     $ 3,575,942  
Total Assets
   $ 4,669,440     $ 4,280,938  
Policy Liabilities
   $ 2,853,794     $ 2,693,101  
Accumulated Other Comprehensive Income (Loss)
   $ 76,394     $ (35,898 )
Goodwill
   $ 118,997     $ 72,213  
Book Value per Share
   $ 50.50     $ 42.69  

Capital Management
·  
In the third quarter we purchased approximately 41,000 shares of our common stock on the open market at a cost of $2.1 million. That brought the total share repurchase through the first nine months of the year to approximately 881,000 shares, purchased at a cost of $38.1 million. Since the end of the third quarter we have purchased approximately 250,000 shares at a cost of $12.9 million. This leaves $116.3 million left in our outstanding authorization, which includes the additional $100 million authorized for repurchase by our Board in September, 2009.

 
- more - -
Page: 3
 
 
 
 
·  
In September we redeemed $7.0 million of Surplus Notes we acquired in our transaction with PICA. As previously disclosed, this resulted in a pre-tax loss of approximately $2.8 million ($1.8 million after-tax).
 
About ProAssurance
ProAssurance Corporation is the nation’s fifth largest writer of medical professional liability insurance, based on the 2008 writing of its subsidiaries. ProAssurance is recognized as one of the top performing insurance companies in America by virtue of its inclusion in the Ward’s 50 for the past three years. ProAssurance is rated “A” by Fitch Ratings and the ProAssurance Group is rated “A” (Excellent) by A.M. Best.
 
Conference Call Information
·  
Live: Tuesday, November 3, 2009, 10:00 am et. Investors may dial (888) 587-0595 (toll free) or (719) 325-2104. The call will also be webcast on our website, www.ProAssurance.com, and on StreetEvents.com.
 
·  
Replay: By telephone, through November 20, 2009 at (888) 203-1112 or (719) 457-0820, using access code 5246524. The replay will also be available through November 27, 2009 on our website, www.ProAssurance.com, and on StreetEvents.com.
 
·  
Podcast: A replay, and other information about ProAssurance, is available on a free subscription basis through a link on the ProAssurance website or through Apple’s iTunes.

Caution Regarding Forward-Looking Statements
Statements in this news release that are not historical fact or that convey our view of future business, events or trends are specifically identified as forward-looking statements. Forward-looking statements are based upon our estimates and anticipation of future events and highlight certain risks and uncertainties that could cause actual results to vary materially from our expected results. We expressly claim the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, for any forward-looking statements in this news release.
 
Forward-looking statements represent our outlook only as of the date of this news release. Except as required by law or regulation, we do not undertake and specifically decline any obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
 
Forward-looking statements are generally identified by words such as, but not limited to, “anticipate,” “believe,” “estimate,” “expect,” “hope,” “hopeful,” “intend,” “may,” “optimistic,” “potential,” “preliminary,” “project,” “should,” “will,” and other analogous expressions. When we address topics such as liquidity and capital requirements, the value of our investments, return on equity, financial ratios, net income, premiums, losses and loss reserves, premium rates and retention of current business, competition and market conditions, the expansion of product lines, the development or acquisition of business in new geographical areas, the availability of acceptable reinsurance, actions by regulators and rating agencies, court actions, legislative actions, payment or performance of obligations under indebtedness, payment of dividends, and other, similar matters, we are making forward-looking statements.
 
 
 
The following important factors are among those that could affect the actual outcome of future events:
 
·  
general economic conditions, either nationally or in our market areas, that are different than anticipated;
 
·  
regulatory, legislative and judicial actions or decisions that could affect our business plans or operations;
 
·  
the enactment or repeal of tort reforms;
 
·  
formation of state-sponsored malpractice insurance entities that could remove some physicians from the private insurance market;
 
·  
the impact of deflation or inflation;
 
·  
changes in the interest rate environment;
 
·  
the effect that changes in laws or government regulations affecting the U.S. economy or financial institutions, including the Emergency Economic Stabilization Act of 2008 and the American Recovery and Reinvestment Act of 2009, may have on the U.S. economy and our business;
 
·  
performance of financial markets affecting the fair value of our investments or making it difficult to determine the value of our investments;
 
·  
changes in accounting policies and practices that may be adopted by our regulatory agencies and the Financial Accounting Standards Board or the Securities and Exchange Commission;
 
·  
changes in laws or government regulations affecting medical professional liability insurance or the financial community;
 
·  
the effects of changes in the health care delivery system;
 
·  
uncertainties inherent in the estimate of loss and loss adjustment expense reserves and reinsurance, and changes in the availability, cost, quality, or collectability of insurance/reinsurance;
 
·  
the results of litigation, including pre-or post-trial motions, trials and/or appeals we undertake; bad faith litigation which may arise from our handling of any particular claim, including failure to settle;
 
·  
the loss of independent agents;
 
·  
changes in our organization, compensation and benefit plans;
 
·  
our ability to retain and recruit senior management;
 
·  
our ability to purchase reinsurance and collect payments from our reinsurers;
 
·  
increases in guaranty fund assessments;
 
·  
our ability to achieve continued growth through expansion into other states or through acquisitions or business combinations;
 
·  
changes to the ratings assigned by rating agencies to our insurance subsidiaries, individually or as a group;
 
·  
changes in competition among insurance providers and related pricing weaknesses in our markets; and
 
·  
the expected benefits from completed and proposed acquisitions may not be achieved or may be delayed longer than expected due to business disruption, loss of customers and employees, increased operating costs or inability to achieve cost savings, and assumption of greater than expected liabilities, among other reasons.
 
Additional risk factors that may cause outcomes that differ from our expectations or projections are described in various documents we file with the Securities and Exchange Commission, such as our current reports on Form 8-K, and our regular reports on Forms 10-Q and 10-K, particularly in “Item 1A, Risk Factors.”


######








Page: 5

 
 

 GRAPHIC 3 pralogo2.jpg begin 644 pralogo2.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_X0!F17AI9@``24DJ``@````$`!H!!0`! M````/@```!L!!0`!````1@```"@!`P`!`````@`!`3$!`@`0````3@`````` M``!@`````0```&`````!````4&%I;G0N3D54('8T+C`P`/_;`$,``0$!`0$! M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`0$!`0$!`?_;`$,!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`?_``!$(`(0! MH`,!(@`"$0$#$0'_Q``?```!!0$!`0$!`0```````````0(#!`4&!P@)"@O_ MQ`"U$``"`0,#`@0#!04$!````7T!`@,`!!$%$B$Q008346$'(G$4,H&1H0@C M0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I*C0U-CH.$A8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJ MLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:X>+CY.7FY^CIZO'R\_3U]O?X M^?K_Q``?`0`#`0$!`0$!`0$!`````````0(#!`4&!P@)"@O_Q`"U$0`"`0($ M!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q$R(R@0@40I&AL<$)(S-2\!5B M7J"@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>HJ:JRL[2UMK>X MN;K"P\3%QL?(RKR\_3U]O?X^?K_V@`,`P$` M`A$#$0`_`/[^****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH` M****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H MHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BHYG:.*21(VF=$9EB4 MJK2,JDB-6\!_\%%?V7/&?B&^\&:QXSN_A9XVTO5;S M0]2\+?%?33X1N;'5].NY;"]T^XUOS[_PDEU;WL,EJ8#XA\YYEVQ1OE2?(S// M\DR:M@L/F^;8#*ZN93JT\`L?BJ6$CBZM'V?M*-"I7E"E.LE5IM45/VLU*\(2 M49->?C'K$Q>%_BXK6OB,P1A;?3_`(A:1:HMP[A%6.(^)]&AAU*) M<&6ZU+3/$-Y*Q,@-?TS5\Z?M7?`C3OVC_@3XZ^%UTL$>JZGIQU'PCJ$X&-)\ M8Z1NO?#]Z9""\-O)>)_9^I-%B232+_4+=2!.U?F/B]P/'CW@?-D8XZC*M@)M^[!8E56FZ<;?%>('#$>*^&,=E\(*6.H MQ^NY9)VNL;AXR<*:;LDL33=3"R;?+%5N=_`K?R\?LI_MU?&7]EO6;&UTO5+K MQ?\`#)KE3K7PUUV^FETHVTDFZYG\,W,HGE\+:MM+O'/8(=/N9RK:KIM^$C\K M^K_X+_&+P1\>OAQX<^)_P^U$W_AWQ%:F18YU6+4-*OX':#4=%U>V1Y1::KI= MVDEM=PB26)BJW%K-<6<]M:5JNGW2&*Z ML-1TZYDM+ZRN8CS'<6MS#+!,AY22-E/(K]G?^"./[0G_``C'Q`\5?L]:]?;- M'^(4,OBOP6L\F(X/&6A6(&M:?;JS`"37O#=LMXQ/`?PO'$B^;=?-_*?T>O%/ M-\GXDP7`N?8ZO7R/-9RP.6T\=.SIXNK0 MJ4HT6\1[;\'\(^.LPR[.<-POFN*J5,KQTI87!PQ3E*>78_:A1I3F^>G0Q$T\ M,\,[PA7G2G35)NM[3^CNBBBO[Z/ZM"BJ>HV%OJFGWVF78E-IJ-G6.>%\212)(JL/XJO^#@C]GG0?V!OA[^S3XC M_95^)?[2/PWF\?\`B[X@^'_%MM-^T]\>_%UAJ-IHVB>&]0T@Q6_C/XA:\^GS M6DMS?C?ILEJD\=P5NDE,=L8@#^V&BOR"^%/_``2O_9#\>_`7X5ZWJ5E\>=+\ M7^*OA;X$U_4O&^A?M:?M1V7B9-?UKPII6HW^L6LL_P`7;S2DN9+ZYFN$MI]* MN-,0L(A8&!5B'XF_M7?M$_MV?\$%_P!J7X5VEW^T)\3/VQ/V)/C)_:FI:%X0 M_:`UY_&7Q!TW3?"U_I%KXU\(V/C[4@^K:1XL\,:?K^C:CX9UC3[BQ\(:U%J\ M$.K^#7?3;DH`?V7T5PG@GXE>"_B!X(\#?$/PWKMC<>%OB-X1\/>./"-[&_%&DV6M:-?QP3R+)MN=/U&TE*@$QM*J-AN*Z,^(O#ZR)"VNZ,LLC;$B M.IV0D=\[=J(9]S-N(7:`3DXQF@#8HH!!Z$'Z;:G\9O@_HNMGPSK/Q M6^&VD^)!*+<^']3\=>%[#6Q.QPL)TJZU2*_$K'@1_9]Y/`6O1T=)%5XV5T=5 M9'1@RLK`,K*RDAE92"I!((((.#0`ZBBOS,_X*R_&#X@_#3]DV?P5\#_%FO\` MA#]H_P#:-^*'PL_9X_9[U/PM?0Z=KT/Q$^(/C+3/M-[%?R6E^^G:9I/@S3/% M6J:WJD-LLUCIUK*UO?:7=R6VHVP!^D%CK6C:G=ZOI^FZMINH7_A^]ATW7K*Q MOK6[N]$U&YT^SU>WL-6MX)9)M.O9]*U'3]3AM;Q(9Y=/O[*]2-K:Z@DDTZ_B MX_X(*_&+XF_LM?\`!2W]L3_@G_\`M$>+]7\2^,OB+KOBNZ3Q)XDU34M4O_%O MQB^#E_JMS=^(;>]UJYNM3O3\2OAK?:UXN;4[ZZN+W4+#PYH33/(S!Q_:/0`4 M45P%E\5_A;J7B.3P=IWQ*\`7_BZ&62";PM9>,?#MUXCBFASYL,NAP:C)J<WE2:&5"?!MQJ.?[/@\5^*]"\.S7^&V$V<6KW]F]T`_ MR$P*^&RIYXH`[:BL^TU?2M0C$UAJ>GWL+65MJ2RVE[;7,3:=>_:/L=^)(9'0 MV5W]ENOLUT"8)_LT_E.WDR;:Z^(O#[`,NN:.RL`59=3LB"#R"")\$$<@C@T` M;%%0P7-O=0)(_#Q3S!K MVC%,;MXU2Q*;<9W;O/QC'. M.01M*&,;H"R/C:R@LI(!-1Q:_H4]PEI!K6DS74AQ';1:C9R7$AP3A(4F:1C@ M$_*IX!-`&M1110`45S7B+QGX0\(2Z!#XK\4^'?#4WBOQ!8^%/"\.O:SIVD2^ M)/%&IK,^G>'-"CO[BW?5]FP MRRP2ZA9130*KSPR7<"2PHZAE>6-I`\:LI#*S@`J002#FK:.DB))&ZR1NJNCH MP9'1@"K(RDJRL""K`D$$$'%`#J*HW>IZ;8/''?:A8V7EGIUK<7VH75M8V5I$\]U>7D\5M:VT$8+237%Q.Z0PQ(H M+/)(ZHH!+$"N'\,?%KX5^-M0ETGP;\3/A_XMU6W#M/IGAGQEX=U[4(5C)$AE MLM+U&ZN8PA!#EXU"X.[%`'H-%-9E16=F5412S,Q`55`R69B0`H'))(`')XJ@ MFL:1(BR1ZIITB,,JZ7ULZ,/5664@CW!(H`T:*H?VKI?_`$$K#_P,M_\`XY5N M&:&XBCG@ECGAE4/%-"ZRQ2(W*O'(A9'4CD,I(/8T`24444`%%%%`!1110`44 M5^8?_!6_]L7XZ_L(?LBZK^T;\"OA]X&^(6I>&O&GA;0_&%MX^7Q#+HWAKPOX MKEN]#M?%)M/#>JZ+>Z@UMXONO"^C/9/JEA$T>N-<&Y5K81RQ4G&G"525^6$7 M*5DV[+?1'#F>88;*AQ^-(+9I[#X2>#)K?Q M?\5M7E,?F6\$?A'3+DRZ'%>#BVUCQ?=>&_#S-E7U>,\5_`;^T;_P6^_X*4?M M+07^D^(_VAM9^&_A._66.7PA\#[.#X6::()QMGM)-?T%_P#A/=1L9HSY,MEK M7C'4[66$M')$RR2^9^4%W=W=_=7%]?7-Q>WMW/+MG"LU0IMO\`GJ627_;D6[_.2MV9_/\`G_CY MAXPG1X:RFK4J--1QN;.-.G!ZKFA@L/4G.JNL74Q-&WVJ3NTOZ2=<_;P\!?MW M?'WXU?$?P=\-)/A##J&LV.LZ=X2O-<@UO4M5TF2QMM-N?%.HRVME8V=KK6JZ MK:2ZCX@T[3UN[+3[S5K>./4M2DEDOI_2O`GC37OASXT\*^/?"UT;+Q%X.U_2 M_$>CW'S%%OM)O(KR".=%*^=:SM%Y%W;L=EQ:RS02`QR,#_-Y\$?B7=?"7XE^ M&O&<+2M86EV++7[6+)-[X>ORMOJL'E\"66.$B]LT;Y1?VEHY^Y7]!]E>6FHV M=IJ%A<17=C?6T%Y9W4#!X;FUNHDGM[B%UR'BFB=)(W'#(P8<&O\`/'QUX5K\ M)\;KB#+E/#8/B&M+.,+6H+V?U3.:-6%3,(4Y025.?UB5+'TN6W+]:<*:M1=O MYXK9CB\7CZV:U*BACJV+GC9UJ,(4$L5.K[>56G"E&$*3]JW.*A%*+V2/[I?@ MW\3]!^,_PM\"_%'PTX;2/&OAVPUF&'S%EEL+J6/RM3TFY=0%-YH^IQ7FE7H4 M;5N[.91D"O3*_!/_`((S_M!^;!XU_9N\07WSVOVCX@?#U9Y1\UO+)!:^,=$M MRY`__ M9KT/]F?X,:QK7[0OP/TG2=&^#7PW35]3U+XL>`[*PTM[+P7HT5XFH7=SKT<% MG):RQ217$=P\;PR1O'(JNI4?RJ_\%']5^,? MA/X&S^,!XU^-ECI>I6WPOLM<^(EWX4M-8UN^\37%HL%EX%\$Z3X/C<>(I5C' MB[4]2O-/\(6>O-'HLNL_T\_`+]B#]BK7?@7\$->U?]D+]E[6-9U+X1_#34;[ M6=2^`/PIOM3O[ZZ\&Z+YGE>>:9WED=I&9C]Q^$ M?!/@WP!HL'ASP'X2\,^"O#UJS-:Z#X2T'2_#FC6S.%#-!I>CVMG8PE@JAC'` MI(50-_`U]XPTC MX8^,O%6K^-D^`.IGX5?\+2L+/0-2UF[O]0T:&TO+5O#J6AN8TUCPYXL\.W7B M$:OXBT^SUA_I3XE?'CXD?\%0/^"A?Q$_8"^#_P`0?%GPM_8Y_91LWN_VPO'_ M`,-]:O?#7COXS>-(]1_L;_A1VC>,M*DBUCPEX4;78M5T#Q$^D3Z?J&NP>%O' ML;WS6T7A_P`W:_X(3>!OV(OB7\,O$_[9WP;O/B#X]_:N^(MQ>>'?VF?&WQX\ M:VOCWXS>%O&=[/;:SKWAG[?I^C^&M$M/"'B&\M[37?#^M:+X9TR;Q-HT&F6N MKS_;_#\^BZ)\4?\`!O!KS_#K]MW_`(*N?L_?$5_L?QAO?B78^*9[>_;;JFKP M?#OXF_%WP]XUO0TV);J"#5O'_AF]CN(S(EQ%K2W:L\4J2,`?T(6G_!.C]@JR M\"#X:Q?L=_LXR^#OL+6#Z???"/P7J5_<*Z;'OKSQ%J&D77B2]UN0_OY?$-WJ M\VO2W?\`ILFI-=@3U^%7[0>J_$S_`(($_M`_"3XA_#3Q7XX\=_\`!+GX\>,E M\"^._@9XMUS6/&4G[.'BVYBFU(W?PHU;6[F^U>PL)-$MM7\2>'M!%Y-#K]MX M=\3>'/$;2ZD?#'B>Q_JCK^>__@YFUKPUIW_!,S4-*UIKM91_P"L,J>%=*\1)(\:DB&5XV(\T!@#^@'2M4T[7-+TW6M' MO;;4M)UBPL]4TO4;.5+BTO\`3M0MX[NRO;6>,M'-;75M-%/!+&S))%(KJ2K` MU^0^GN?VN_\`@K9JFH$&_P#@[_P3)^&IT33SP^F:M^UI^T9I"3:S=1N-UIJ; M?#?X.6<.E31.'O/#GB?Q+(R/;32NDGN/A7XJ_P##"_\`P2Q^&OQ.^.:S0:Q^ MSI^QK\+&\::7?S?9K_4O'GA?X6^&M"@\(&67)36?$/C867A6T,O)U348!)C+ M$?%G[#G_``2KT+5OV>/"7Q;^/GQ3_:K\,_M%?M&7&J_M$?'N#X5?M.?&OX,^ M'YOB/\7[Z7Q?H:)X3U2Z>WN+J:?03&;I[6*UBA` M/QZ_X+]^"_$O[$'_``4Q_93_`."COPTL)(E\8W7A;7/$`M`O&WASXE>!O!GQ%\' MZ@FJ^$_'WA7P]XT\,:I%CR]1\/\`BC2;36]&OD`)`6ZTZ^MYP`3@/C)Q7\ZW M_!6O_@D%\.=<_85^-OC;X?>/_P!J#Q[\2O@MX=F^+W@[2OB]^TO\9OC/X=^S M^#"-0\<)9^%?B#XJ\0:9'K-W\/E\46^EWMA:1:H+XV]K#,T%Q<6\_I'_``;< M_M8)\?\`]@6Q^$6N:D+OQY^RMXDF^&MY#--YM]-\.M;^T^(_ACJ`[R&YM-8A\8>'M!\,Z_XIMKG091J-EI&B:O>3!M*AU%&_FU^)_\` MP0Q_;8_8CM/$?Q2_X)3?MP?%BSAT1[SQ)#^SUXNUAM)N/$0LU:Z.G6UY8R-\ M+/B#K5P$%O8:1XX^'6@V-VZ)'<:VTTH#`'[I_`/X>_%+]B3_`()P6WP^O5T[ MQU\3?V:O@?\`%6T\+"R,]U9>-&^'J^-;_P"&;RPQ".YCG\3:#8>&'U+38V:: MPO;ZZTY)YGMQ._YV_P#!%'PM^R-^V#^R##\:_BEH/PI_:5_:P^('B3QQ?_M4 M^*?B]X?\)?$?XF6WB:[\9>(8O#_A_4+/Q18ZI=>%?`,'@J/0$\$^'-$M=,\' MII!+Z=8I>MJ:)]=?\$C/V^]?_;E_8?7XX_&FTT7PG\0/AAXL\9_"_P"-&HI" MN@^'9M:\!:-H?B.^\6O8W;K%X?M[SPIXET?4=?LG>.QTS5TUE+1+738K>V@^ M$?VB?^#>_P""GQ+\8S?M+_L!?M%>-OV//B+XLA/B_1;CX<:C?:C\+-2;7HX] M8M]1\&W7A77?#7BOP/I>OM<1WJOX<\2:QX9L[66V.@>%+6RABM'`/T1_93_X M)S^!/V/OVF/VJO$_PAT+1M'_`&;/VFOAY\*Q-\*GF:ZTGP3X_P#!NL?%*#Q5 MX?\`#.A7236UC\.?$>C>.X=7MM#24V&EZM>:[I>GV=KHATVQL_P7^+W[%G[* M,'_!QW^S;\`K#]GOX3:=\#/$?P#OO'7B/X0:7X,T32_AMK'B72?A?\=+^RU" M^\&6%I;Z!<`:GX5\.ZA=6;V/V*_NM-26_M[EI;@3?8O_``2X_:S_`&_O@Y^W M'XT_X)=_\%$]*DT_2;[QKX2\ M1Z0FN7=CK7BBQC\9:%XB\.:GX>UMYGF-IH?'?'B272O^#I;]C:2X5HXM;_9> MUZ.U8DJLT;_"C]J:U![!A]KTZ:/'S#?&/XAP`?TQ>"/A_P"!?AIX/T;X>_#O MP=X9\#>`_#EB^F:!X-\):)IWA_PQHFG/+-,]AI6AZ5;VNFV%H\UQ/*UO:VT4 M1DFE:Y\+K7X M?>'+;X::MXU\->.KOP[IWB6^\!PV">%KS58-*UJ.W:2;2V1Y+2QOY$>_LK>X M3^F6OQ\\?VK7W_!=#]GEH?WC:)_P3I^,^J7JH"QM[6[^-OA72+>:7'W(YKJ] M$,;-PS@J.<4`?`'_``Z+\6=#^+/PB\#:;\1=' M\*Z/I7C&'P3;Z'XKTFT\'R:_86EOJ-SX7L;""VAL-!N;B72['[):/:6L+VT+ M)^EO@/\`X)??\$^/BW^R_P#"#0O%O[(7P(@FUCX.?#R6X\5>$_A[X?\``OQ! MAU"\\&:/--K5I\1/!MEH?C6#6WNG-[+J@UQKJZO,SWLER\DN_P".O^#G+_E& M7+_V<%\)O_23Q?7AO[=GC3_@K1^SG^PA\(?BQ\._C1X`\8_L^Z7\+_AE'\:U M^`/P?N?A#^T3X%^&>H^&-$M[S5_#_B[QOXU^/FB;+/3)OL&K>/\`0/#6AZSX M1NY[;Q1!X>71[75+[1@#2_X(=_'/XT>&?VQ/V]_^">GB;XK^*OCS\$/V9/$7 MB8_"'Q[XVUB?Q+XA\*VGAGXDS^!4\(3>(;AI9[BUU739X)VTCSSI6BZQX5UH M^'[:SL]0NH:_IZK\IO\`@D'\$?V%OA[^RSH7Q4_8;AU;6O#/QSAL_$OCKXA> M.M93Q'\7?$?BK2C=VM[H'Q,U-$AMM/U_P;J=UJVG77AW1[+3?#]GJ5QJ>K:9 M:7']MSZOJ?TC^WM\=_$'[/W[,?COQ)X`B2_^,WC>?0_@U^S_`*&643Z]\=?B M_JUMX$^&=M#$RN)X-*U_68?%&L(%_=^'M`UBY9D2W=U`/Y>_^"PG@_XJ?%B? MXB_\%;/A+XBURVT7]C#]K'X:_!;X-6,5U=3^&KOPI\%];N-#^(GQIMK1'EMY MI;K]J:^M/A[:WFFR0VVH>&/!DEW>&4-;NO\`71^SQ\:O"_[1OP*^$?QX\&.& M\-?%OX?>%O'FF0>*YM6O=2U+0)K/4/ MB1<6LG['3+)XJO/%MQ/X_FD:\+-XDE:X^T[OWM?.7_!MI\;_`!%'\!/CM^PO M\43)IOQ7_8P^,GBC07\/W$?%6OZT;_`$VW67$MR/#WQ/T;Q_!>RQ`P MVMOK&AQ%8A<0"0`^A/\`@MQ^PI^S9\H$>=\._&-RLEOX.N+J;[5X`\7KJ'P^UD16;6D'A;] MO_\`@JM>0:?^Q!\1+VY<)!:_$O\`9>GE<]`D7[57P4<_H/\`'`JG_P`%,?\` M@F_\)O\`@I#\";KX=^,%MO#'Q/\`"J7^L_!CXL06:S:MX$\4SVZ!K6\\O;<: MGX+\1-;VEGXM\/\`FJEW!!::G9&VUW2-(O[0`J_\%3_V5?@3^T5^QS^T=KGQ M-^%7@CQEX]^'7[.GQKUWX5^.-9T#3[KQCX`\1:3X(U7Q/I=[X3\2M"-8T1'\ M0:#H]WJ-I8WD-EJT=HMIJEO=VC20-4_8_P!!_9V_85_X)L_#WXIZ7X*\*_#/ MP5X;_9<\!?&[XPZIX4T#3=-U;QEKFE?!S0=9\3^*]>EMDM[GQ3XTUQ;(V\5W MJ5Q<:CJ-V]GI\4VW[/$OXS?LF_\`!1OXJ^%/@]^UA_P2Q_X*+?:O"O[5OPF_ M9_\`C1X8^%OCKQ-=F2'XU^&+#X6^(Y=(T6YUZY\N/7_%#:"L.J>#_%*NW_"R M?"IBDNF/B_3[R?Q)^B/[97@_Q-XZ_P""!OBG0?",-S<:TG["GPB\1M!:!VN) M]&\&>#?`/C+Q/!%''^\E,WAK0=7C,"!FG5C$%VU+0M-\,?J9\7O^"$O%/[-GPGT0QPD:!XM^'?@S0/AM\0?!=^B8L]8\%>._!.GZ+XE\-:E82 MK%/;MI^H):3/#'#?VE[9F2VD^(/^#>CXO^%/BA_P2Y^!V@:%=6IU[X-ZI\0? MAAXXTN!XS+I>N0>.-=\7:6TT08R*-6\)>+/#NL"5T5))[VYBC9VMY"/VXH`_ M(C_@F#^SI\=/V;V_;9_9U_:)\3^/?CAX=;XY:3XP^&_QH^*;:KXCG^+OPI\< M?![P5X,TS2]4U[6S=0:YK7@_2?A[;>#_`!II:SS1V=]"KK;QZ1JNE/ M_P!D']EWP;_P<*_A#;?#SPK_PK'7== MB\`?M.VXU*_\!OIC^%Y;@3>#_#MXN=+51J6D6FIJHOX_M)_L:K^3[]NOPKJW MC;_@Y1_88\+:%\1/&7PHU75_V6;R*S\?_#^'P7<>,/#[V_A_]KF\D;1HOB'X M/\>^#FDU&&VDTB[_`+9\):NJV%_=M8K9ZF++4+0`_7/XV_\`!,G_`()4_$** MP^!'B[]F/]G+X?>,_BUHGB^Z\#_\*W\#^$OA7\3[F+P?:Z9+XC\0^"];\&Z7 MI&JM-X0.O:)?7R2F]T@->V,.L:;J%C0_.VB?L-?'WX?_P#!17]G/]I'4?VA/C7^TW\, M]!^#WQ\^'GBVX^-&H_""PN?A'J?B>+P;?^&KSPMH_P`-O!GPLT_4K3QW'])GU/5#ISVD=A^OF1G&1D:?`^"5`KWBBDTI)Q:NFFFGLTU9I^J,J]&EB:-;#UX*I M1KTJE&M3DKQJ4JL'"I"2ZJ4).+79G^.9XS\(^(/A_P",/%?@/Q9I\ND^*O!/ MB37/"7B72IQB?3/$'AS4[K1]9T^8$#$MEJ-G"OVF?#NG?&'2WABV6<7C$L_AWXE6`DPOF7\_B/2U M\8ZA][;_`,)I;'<0X"_@O7QE6FZ-6=)WO"3CKU2>C^:L_F?YZ\1915R'/,UR M>M=RR_&U\/&35G4HQFWAZR7:M0E3JQV]V:"OJWX??MD?%[X=^&]$\*:#S7#4JOMJ5+&455C2K!?&OAOXD^"_"?Q!\&ZG;:UX M3\;>'=&\5>&]6LY8Y[;4=$U[3[?4],O(98G>-DGL[F&3Y78*6*DY4U_CI5_H MS_\`!MKXR\;^+?\`@F-X1LO&$][=6'@GXL?$[P;X"N+YI)'?P3:WFE:Y#!;S M2Y>6RT[Q+K_B72[-0S1VD%DFGP>7!:10Q7P!PAE'!N(S3"\/QK8/*\T<,94R MJ5>KB,+AL?12I3Q6"=>=2O1^M4'"GBJ4JM6G+ZMA?8QH*%15?Z"\!<^Q%/-, MSX=FISPN,PKS.E;6-#%865*A5DUM%8FC5@IRU][#T8I*[9^^#$A6*CRL_!7AD+XHLH_$GV>\U&&>9[JUTE(/L=U=7#R0W$O MZ.T44`?F!_P5:\'_`+2WQL_97^+'[-'[.W[/E[\5]4^-_P`/K_PU<^-Y/B?\ M-/`7A_P+=/K6E2&/5;#QIK>G:UK,EUIT%W<6W]BV(K1_BG:_%?X5^-_"WB?5+CQY MJ&JZ7HMAH/A+Q%J7BG3[RYT7Q#+=SW=_IZZ3!+HUW;F^::[L5F_6:B@#^:#Q MW_P3Z_;:_8=_X*4ZQ^V%_P`$V/A[X8^)OP&^/]O<:C^T1^SOJGQ#\+?#/24U M>XU#[5X@L]*D\37EI96G]H:K=3^-?`&NZ1;:E-X1UV\\3^';O2H?!]]'IFL^ MJ?M'_P#!,SX]?&3XS?#C_@I=^R7-IG[%/[>^CQSK\0_A)\2=:T;QS\-/B9:Z M2UWX7MK+QOXF^&D^O:;'=>*/!=G966JW.EVVM6>K:)<:-;WUOX7\6://KR?T M%T4`?FCX+_:Y_;/OC=\.O%GAK3+Z53<)INM>$[[4=,@D%N]SJDL/GW'B9_8?^.O[;7[27 MPM_:6_X*!:=X+\$?"[]GW49?$/[/'[%_@CQ(_P`0-/LO<]K-_PLGX^^/QI MND:%XM\3VD^G6,FE^#_"FGWOA2PAM;"WDUN^MW\3VGBK]FJ*`/YNO^"BWA?_ M`(*J_MMV'PE^%NA_\$_-"\+_``'\"?';P=\4OBQX9\0?M7_!?4-3^/GASX=^ M(X=2T?P)-)8W%O:^$O#&N0Q3:A?_`&VV\07XU5M#N#:6_P#8,L.J?N'^SI\1 MOCE\2_">MZM\>OV<;K]F?Q-IWB2;2='\'W/Q6\#?%TZ]X?BTO3+J'Q1#KW@( M+ING0SZC=:CI*Z/?)'J4;:2UZZ"VO;7/T%10!X-^TCXK^*7A'X7:I>_"+]GT M_M->*-2N[?0;OX5-\1/!OPPM]1\/:O#=6VM:A>>)O'2OH)LK.`I%=:8\\%?LD^#_&GPW^(&BWOA?QU M\'[[]I7X2:7)?^'_`.U5UCPU/IOBE=?U&*W\4^$+A&AT[5[[1+VVO=/U#7;" M:TM&U@7MC_;'10!^//[4OP:_;V_:S\&?L=_&7X6^'OA_^R;\?/V=OBUXV^-& MJ_"GXK>/(OB1I>HZKIFDZ_\`#_PQX%O_`!;\+-.O]%O?#WQ,\%:]XB3Q+J]A M-%>^&]&\2#3HK2XU47$UAZI>_M9_MUW/A>3P_H__``3(^)MA\:I[1[2"_P!? M^/?[-TO[.NGZI)'Y2:W=_$32?B=+\2M1\-VT["\DT^T^#MGXFO;1&M$L;*[? MS(OTRHH`_*7]F_\`X)^>,OV:O^"+?"_B']H3XX>#_C[XG\:>.Y M5U'0O`=_\?OC=X4U/2FU"V%MIM]K&G^"O#UP?#NAVUXFCS:K<:+H*ZJVC07M MTVE0\?\`LU>)?V__`-BSX3^#_P!G'XT_LM^)OVP=#^$_AW3/!/PV_:!_9F\? M?"#3]0\5^#-"LX]/\)Z;\2/AK\=/B)\)M7\-^)="T>VL]&U'6]#UKQ?INJ1V MD-Y-<2Z@;J\U#]BJ*`/R;_9W_9E^-_Q2_;C\2_\`!1?]J7P%H?P9\2:3\$[7 M]G7]GSX"Z=XKTCQ[XD\%>!&\2:GXJ\2>.?BAXP\-&3PG<^//$6I:MJ-CIFB> M$M0UK1=`\.:C=6-UJ^IZBD=VOF?_``4V_P"">OQR^,WQZ_9I_;T_8VU_P;IO M[5O[+,R6%MX.^(5Q'[K3[&\E_;"B@#\VO#/[8W[8=YHEO8^*_\`@EG^T9HWQ(,"1W=C MHWQL_9%UKX6I?A`))(OB->_'31-<;2?,RZW"_#N741"1MTR:<&&NH_9C_9R^ M*D'QR^)_[9W[3LGA*W^/WQ1\$>'/A-X2^'7@+4[[Q#X+^`?P+\,:Q?>)[+X= MZ=XOU/3-#OO''BOQ+XLU*?Q9\1/%;:)H^DW&LPZ?I7AK3(-'TF*\U+[]HH`_ M!?\`X+A_L_?MD?MM?`EOV6OV=OV:I?%.EQ?$'P#\09?B[K'Q?^%'A3P]D_"?\`:4_9JN/A&_@_X8>!/AQJ>G^(/'WPS^*7AKXEPQ>#SX<\7BRA\&:Q MK1M]#1K`03V?BJTL9=3L]9B2.WG6&^6+[-HH`_F,_9;_`&*?^"B/_!*S]KWX MWZ1^RE\(M-_:7_X)\_%O5SXNTOX?7WQE\#>`/$_@;5=00M9'0AX[U:"6/Q3X M/BB'A74[M[>?2?B!X1MO#MWJ>J6FOZ="NA?4?QDN?^"A/QD_:Q_9<^+.N_\` M!/G7E^`_[-1\?^.K/X=R_M+_`+.LOBGQ/\;_`!1X7O?!?A/QIJ%N?&+^'/[/ M^'7A_5/$'_"-P'4A>KJ_B6]U9I8Y-/L;=_W0HH`H:9:3-<6UU-IEW/;QRW&G2W5G)-9W,MG,SVTEQ:RRVTSQF2"1XF5C_*]X6_ M9=_X*9_!S_@K3\3?^"@WP2_8GBTSX2?&:P_L'XH_!O6OVC_@78ZWXDL-5\/> M&[?Q1K-EJ6G^*K[2;'5KGQWX9L/B%8)_X*6Z=^W/\`M._LC7'P-^"/[&VIP>-OBA!\,?%?B/5?%/QT^".FZ9\,-5\` M?&71?'4_A&_$?BUW\4:M?V/@32)8M3\/23:!%9^*%#:DVI:5=ZVVHQ*+NV6*=+J&&1([RWMK@/"GIU%`'XT_\%AO^"4OA/_@HO\($\0>#(],\ M*_M5?"W3+NY^$GCJ0I81>)+.)Y+^;X8>,M0C"R-X=UB[:2?0=4F+S>#?$5P= M5LR--U#Q)I^K_I%^SSX'U/PM^S/\#OAMX\T2"WUGP[\#/AIX(\9^'+YM/U2V M@U/2/`6BZ#XAT6\:VEOM+U&".ZM[RQN&MY[NPNXU*M8GMO#MT/#+WNH1^"_%VH:UHOB3P_8WHT/6-.\;V$FJW.H_HMH7[8O M_!2_QE%#HNE?\$F]4^'_`(FN0MM<>(OBM^U_\%[?X:>'[F0!#?WE[X)TSQ5X MWU_3;60F5[?0/!S7MU"FR,V[R!D_6>B@#Y&^!_P@^,/@7_A-OC-\=O'J_&;] MH+Q=X>6R?PUX'^U^#O@YX&T+1S>:KI/PO^$'A?7M4N!;07>K3NVN?$?QS?77 MB_QCJ+65UK-YHGAW2M$\,Z%^$?[0_P"SO_P4T^)W_!5;]G'_`(*,>`OV'+;3 M?#_P*^'NC_#^]^&OBW]I/X&0:[XGLI/^%KV7B6\M]9T;Q-J.FZ3.VC?%.[AT MJ.5-007^EPSW8>WNG@A_J5HH`_/_`%O]I?\`;6@T.ZG\.?\`!-GQYJ?B1;1W ML]+UK]IS]F;1-$FO@IV07&NV/C77[^"U+X#74?AV>4+DBT)P*^>/V-O"7[8G MPST/]KS]M3]N;PYI5A^T+\4-7TO3/"'PDT'QE8:]X`^$/P&^&EK?-X&\.6.N M>'KKQ%I^E:.NN^+O%WBGQ_K5E%JFK7&G6?\`PDM_9W6L/+IM`'RW^ MR;\>/$/Q_P#A[>^)_$_A[3]!U?3-9FTFZ72#.NG22+&LQMI;:XOM4?3]5LU= M'N+.+6-9MI]+N]$UE+ZWFUBXT/1OJ2H;>WM[2)+>U@AMH(\[(;>)(8DW$LVR M.-512:FH`****`"BBB@`HHHH`_G)_X.8_V7/\`A>:&(S7;?#;Q]-8>$/&]I$JJ7\J#66\$>);V7=Y=MIWAN^F M==@9T_SW:_V$OB_\,?#'QK^%/Q)^#_C2U^V>$OBCX%\5>`/$EN%4R/HOBW1+ MW0]0,!<,J7,=M>R2VLN,PW,<4JD,BD?Y(OQ6^#/C?X1_&GXB_`?7])O;GQ[\ M-_B#XI^'.JZ9I]EZWX6UN]T2X?3K2));BY@OI;,W.GM"L@N;6>":)I( MY%=OGLWH\M:%9+2K'EEO\<+)??%I+_"]-S^5/'C('AL[RW/J%-N&;89X/$\L M6[XW`\JIRDTM9UL+4ITX16K6%D[:,\GHK]+_`-GW_@CW_P`%'?VE)[%_`?[+ M?Q$\/Z!>M&__``F/Q5L$^$WA>.SD(_XF-O=^/I-"OM;LE!W9\,Z=KEQ(,^1; MRD$#^CC]CO\`X-8_!/AR[TKQ9^VW\8G^(5S;M#![Z&2,/;Z_+&VVN*C@L37:Y*4E'2\Y^Y%)VUO M*SEH[^ZI.W0_.:J5XQG7BMVL-3KS M[19_,%^P5_P3U_:#_P""A/Q&K"\LG^)'Q6U:RN1X&^&F@SR M`S7^LZ@HCBOM;N+99V\/^$K*?^V?$%S&PA2UTRVU/5M._P!/']EW]G+X>?LD M_`'X8?L[?"VUFM_!?PO\-PZ'87-V(O[2UK4)IY]2\0>)M8>!(X9-:\4>(+W4 M_$&K-!'%;?;]1G2U@@MDAACZ[X/_``6^$_[/_@/1OAA\%?A]X5^&7@'0(S'I M?A?PAI%KI&FQ2.%%Q>W"VZ+-J&J7KH)M2U?49;O5-3N2UUJ%YK)6E.UDE>_+'K:Z3;>LFD[*R2_JKP_\.L!P/AZU5UOK^<8RG&GB M\=R>)?#?@;Q1KVG6OB34[3[3I.E:3J6J^'M!N+S5!;R7UM#)] ME=HEO98X["\^J?C+J5OH_P`(?BIJMU/%:VVF_#GQM?3W$\B10PQ6OAK4YGDD MED9$C1%0LSLRJH!)(`K\DI-9*?\`!#;3-;T+Q%JVCWNB?LSZ))::QX8\1ZGH M&HVNJZ-?VEG/9'4M"O[*Z,(_BU\0/'OC?Q7X^\/ MZCX[M?AOI1^&O@WQ%KOCCQ3=+I?@KQC>)J]^=`_M:TT#4]6T6QLKNVFT)KK3 MFWM1D^"WP^TOX;_!_7/C]X[^,^C>/O'/QPD\.^#-&\=>$_#/@G5&AT+2O$.L M>#]>\=KK&C2Z3X#^$MEKWVGPKX3T[QI+J%K/K=G;Q:3KL7A33;'1P#]1;B[M M;00FZN;>V%Q/%:VYGFCB\^YF)$-O#YC+YL\I!$<*;I'((53BK%?SZ6&M^#_B M_P#LW?\`!+K4OBE\0-1UI8OVB]0\$>,-;;XN^)M*NK#39/"GQIM="T[Q+XET M'Q3H]VFOF+PUX6L-+\0:G=1>)WBCNK>RU"*+7M8AU+Z&\4ZIX(\7?M$>/OV= M?%/QTMOA5\+]!_9[^&TW[.QU?Q.^K67BC2-;_P"$NM?'OQ'\)^.?%/BHR:S\ M1O"NJ66AZ7I?B:YU36O$.A6>FR:AHTUL;GQ'%9X3(H*"6,G>/D[]BCXF_$7XM?!6[\5?%/6 M-)UWQ=9_%?XT>"[C4-#T.+P[I4MA\/OB?XG\$Z8;/24NKZ2UC>ST&.8KZ1=Z+8>+?%,8TWP\NGQ0O+:Z'%)K7B#0K"RFN+S4% M]!_X)>Q>'K#]EA-$\,:E'J>C:+\:/VB;'2KC^U'UBXET:/XY>/H]%N[C49I[ MFZOC>Z='!MH_@ M[H'P^\56?BK4]1\:`^(=(^)46MW&BVEQI5K:R?V;J.F+H=W!J'ZO\`AEJWCO6_!.CZA\3?#FE>$_'+R:M:Z_H>AZC+JVC03Z=K6HZ= M:W>D:C<1PW%WINK:?:VFKV,ES!;W0MKZ)+JVM[A)(8_S5\,^&)OB+_P4>_;4 MT71?C#X^^&.I:7\(OV:[>3_A7%WX#CO]2#Z-XPEN?[1C\9^"O&H9M%_M"PEM MFTZ&P:W;5C]N-R)[00^:?MB^(?#7PT^#WQ,^%%U\5/B;XO\`C3\!OV2/`?B' M0[\>.;/X;>'?!GB'P[9ZOI?A_P"+&F"/7M*\7>,?B+XP\1^'Y;F]LX9?'=M9 MV]OIF@W#^'U\0WLVO@'ZZ:MXL\2V'Q$\(>#[+X?:WJ_ACQ#H?B?5-<^(UMJ> MB0:%X/O]$?25TG1-3TNZO(];OKKQ,+^[-C-IMI/#:G3I#<9B>:6UM?$;4M=T MCX?^.-6\+76FV?B32O"/B+4M!NM7TZ?6-+M]7L-(N[O3Y=1TNUU+1[G4+-+J M&(W%I!JNGRSQ;HTNX&82#X7U+Q3;:]^VS^QMK&C^/+W6M,\9?LY_'VZU6QTC MQG?:AX'UK5/#%U\,H-/U6V\.V>J2^%1K5KRT]-3N([?\`L^]N M)8=(M8;3Q[]FKP#X0U'P'^T_\9-;\4_$/Q%XI^$7QG_;=\":#=^(_B]\1/$6 MA6'A2QUS7K&Q@U+P_K'BF]T#4[NR\.Q6L$&LZO8W6K&W^SS3W\YLM+>Q`/O[ M]E/Q]XH^*O[-/P(^)OC:YM+OQ;\0?A5X)\9^(;BQM(K"R?5/$V@V6L7(M+*$ MF.UMT>\V0PJS%(U4,SON8^_Y'K7X@:)Y?PG_`&5O^";G[7UMJ/B27PE\)/A] M\%O"OQP\/Z-K'B&YT35/AIX\\#Z9X'C\4WWA32+R2UUK6_A=XUU31=;LXXM+ MN-0^Q2:W!(LQM[>&/]2OV=_A[-X`^'%F=3M]4M/$_C+4=6\>^*-/U;6M4UV; MP_JGB_4KK78O!EG=:I?7[0Z1X$L+^U\':3;6CPV?V/18[I8%GNKAY`#W6BBB M@`HHHH`****`"BBB@`KD=+\`>!-#UW5_%&B^"_">D>)O$%P;O7O$6E^'=(T_ M7-;NF1(VN=7U:TLXK_4IVCCC1IKRXFD*(BEL*`.NHHLNVVWD3*$).+E&,G!\ MT'**;C*UN:+:O%V;5U9V=@HHHH*"BBB@`HHHH`****`"BBB@`HHHH`****`" MBBB@`HHHH`****`"BBB@`HHHH`****`"BBB@#`\3>%/"_C72)_#_`(Q\-Z!X MLT&ZDMYKG1/$VCZ=KVD7,MI,ES:RSZ;JEO=64TEM<1QSV[R0,T,T:2QE9$5A MR,/P5^#=MH%YX4M_A+\,H/"VHZC#J^H>&H?`?A6+0+[5K>-8H-4O-&32ETZZ MU&")$CAO9[9[F.-51)550!Z;10!P]S\,?AM>>#E^'=W\/?`]U\/TC\I/`USX M3T&?PH>"](E\'^'I-+\(W\0=8K[PQI[Z^HH`\TN/@O\';OPYJ'@ZZ^$_P`-+KPCJ^N2^)]5\+7/@7PO/X`?%5I MX5,9\+VOB/P?X>URV\-F%(8H6T].NHM':*.W@CB;3DMC&D$*(0L:!>^HH M`XGQ;\-/AQX^.DGQW\/_``3XU.@7!N]"/BWPIH7B,Z+='R\W.D_VQ87G]FW! M\J+,UGY,A\J/YOD7%OPIX#\#^!(+^V\$>#?"O@ZWU6^FU/5(/"WA[2?#\6I: MEWUQ-/---=W(EN)9999'D9I&)ZNB@#S?2?@Y\(M!\2'Q MCH?PK^'&B^+S=7U\?%6D^!_#.G>)#>ZHLZ:G>'7+/2X=4-UJ*75RE_<&Z\Z\ M2XG6X>19I`VGKOPU^'7BC5SX@\3>`?!?B+7FT&]\+-K>N>%M#U;5SX8U);E- M2\.'4K^QN+PZ#J"7EVE]I!F_L^[6ZN%N+>032!NUHH`\SM_@K\'+.\T/4;3X M3?#2UU#PQ9V>G>&[^W\">%X+WP]I^G>;_9]CH=W%I2SZ39V/G3?8[:PDMX;7 MS9?(1/,?+;#X)_!G2M.US1]+^$GPQTW2/$T-K;>)-*L/`7A6STWQ!;V4YN;. M#7+&WTJ.UU:&TN";BUCOXKA+>8F6)4?YJ].HH`^7/'/P]UA=6^&_P<^'/P?\ M%Z%\!]8UMO%WQ4\3Z)?>'_"]MX>?P=K.C>*=$\*:?\.;#2(AXD?XCZSIUOI> MOZFLUO::;H$6K_:TN+N[L5KZCHHH`****`"BBB@`HHHH`****`"BBB@`HHHH M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@` MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*** M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH /`****`"BBB@`HHHH`__9 ` end -----END PRIVACY-ENHANCED MESSAGE-----