-----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,
 Ab7Vo2SVZk7pt9kMs98iVuLZ4ZsuCNyMNNIcN6cHYsdHHGKUj/v0QSd4efOfMJX9
 qDvzAkmZlqi9iqH10OCbpw==

<SEC-DOCUMENT>9999999997-09-024289.txt : 20090901
<SEC-HEADER>9999999997-09-024289.hdr.sgml : 20090901
<ACCEPTANCE-DATETIME>20090901113106
ACCESSION NUMBER:		9999999997-09-024289
CONFORMED SUBMISSION TYPE:	CT ORDER
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20090901
DATE AS OF CHANGE:		20090901
<ACTION-DATE>20090901
<RECEIVED-DATE>20090901

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Bridgepoint Education Inc
		CENTRAL INDEX KEY:			0001305323
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-EDUCATIONAL SERVICES [8200]
		IRS NUMBER:				593551629
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CT ORDER
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34272
		FILM NUMBER:		091047732

	BUSINESS ADDRESS:	
		STREET 1:		13500 EVENING CREEK DR. #600
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92128
		BUSINESS PHONE:		858-668-2586

	MAIL ADDRESS:	
		STREET 1:		13500 EVENING CREEK DR. #600
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92128
</SEC-HEADER>
<DOCUMENT>
<TYPE>CT ORDER
<SEQUENCE>1
<FILENAME>filename1.pdf
<TEXT>
<PDF>
begin 644 filename1.pdf
M)5!$1BTQ+C0-)>+CS],-"C0X(#`@;V)J#3P\+TQI;F5A<FEZ960@,2],(#$S
M-#4R+T\@-3`O12`W,#8U+TX@,2]4(#$R-#0U+T@@6R`U-38@,3<U73X^#65N
M9&]B:@T@("`@("`@("`@("`@("`@("`@#0IX<F5F#0HT."`Q,PT*,#`P,#`P
M,#`Q-B`P,#`P,"!N#0HP,#`P,#`P.#DX(#`P,#`P(&X-"C`P,#`P,#$Q-S$@
M,#`P,#`@;@T*,#`P,#`P,30Q-"`P,#`P,"!N#0HP,#`P,#`Q.#,Y(#`P,#`P
M(&X-"C`P,#`P,#$X-S0@,#`P,#`@;@T*,#`P,#`P,S,V,R`P,#`P,"!N#0HP
M,#`P,#`S.#`S(#`P,#`P(&X-"C`P,#`P,#8T.38@,#`P,#`@;@T*,#`P,#`P
M-C<T-2`P,#`P,"!N#0HP,#`P,#`V.3@X(#`P,#`P(&X-"C`P,#`P,#`W,S$@
M,#`P,#`@;@T*,#`P,#`P,#4U-B`P,#`P,"!N#0IT<F%I;&5R#0H\/"]3:7IE
M(#8Q+U!R978@,3(T,S0O6%)E9E-T;2`W,S$O4F]O="`T.2`P(%(O26YF;R`V
M(#`@4B])1%L\04$W-D,U-3$V-T4Y1D,U0D1#-T(Q030S1#4U.3)&040^/$0U
M-D(W1C<R.#,S-#!#-$4X,C!$,$1#1$(V-S`S,$,P/ET^/@T*<W1A<G1X<F5F
M#0HP#0HE)45/1@T*("`-"C8P(#`@;V)J#3P\+TQE;F=T:"`X-2]#(#DU+T9I
M;'1E<B]&;&%T941E8V]D92])(#$Q-R],(#<Y+U,@,SD^/G-T<F5A;0T*>-IB
M8&#@9&!@?L(`!.)L#*B`"8A9&#@.,"@@"7)",0.#,@,/+V,;`^LZR:@DWH0+
M3`M@FN04H)JM@)B1@4'J%81F-H.;`K1*;Q]$E%$5(,``*T@)#`T*96YD<W1R
M96%M#65N9&]B:@TU.2`P(&]B:@T\/"],96YG=&@@,C`O1FEL=&5R+T9L871E
M1&5C;V1E+U=;,2`Q(#%=+TEN9&5X6S<@-#%=+T1E8V]D95!A<FUS/#PO0V]L
M=6UN<R`S+U!R961I8W1O<B`Q,CX^+U-I>F4@-#@O5'EP92]84F5F/CYS=')E
M86T-"GC:8F)B9&!B8&`<S!@@P``IS`!^#0IE;F1S=')E86T-96YD;V)J#30Y
M(#`@;V)J#3P\+TUA<FM);F9O/#PO3&5T=&5R<W!A8V5&;&%G<R`P+TUA<FME
M9"!T<G5E/CXO365T861A=&$@-2`P(%(O4&EE8V5);F9O/#PO36%R:V5D4$1&
M/#PO3&%S=$UO9&EF:65D*$0Z,C`P.3`Y,#$Q,3(W,S@I/CX^/B]086=E<R`T
M(#`@4B]086=E3&%Y;W5T+T]N94-O;'5M;B]3=')U8W14<F5E4F]O="`W(#`@
M4B]4>7!E+T-A=&%L;V<O3&%N9RC^_P!%`$X`+0!5`%,I+TQA<W1-;V1I9FEE
M9"A$.C(P,#DP.3`Q,3$R-S,X*2]086=E3&%B96QS(#(@,"!2/CX-96YD;V)J
M#34P(#`@;V)J#3P\+T-R;W!";WA;,"`P(#8Q,B`W.3)=+U!A<F5N="`T(#`@
M4B]3=')U8W1087)E;G1S(#`O0V]N=&5N=',@-3,@,"!2+U)O=&%T92`P+TUE
M9&EA0F]X6S`@,"`V,3(@-SDR72]297-O=7)C97,\/"]#;VQO<E-P86-E/#PO
M0U,P(#4R(#`@4CX^+T9O;G0\/"]45#`@-3$@,"!2+U14,2`U-"`P(%(^/B]0
M<F]C4V5T6R]01$8O5&5X=%TO17AT1U-T871E/#PO1U,P(#4X(#`@4CX^/CXO
M5'EP92]086=E/CX-96YD;V)J#34Q(#`@;V)J#3P\+U-U8G1Y<&4O5')U951Y
M<&4O1F]N=$1E<V-R:7!T;W(@-38@,"!2+TQA<W1#:&%R(#$Q-R]7:61T:'-;
M,C4P(#`@,"`U,#`@,"`P(#`@,"`P(#`@,"`P(#(U,"`S,S,@,C4P(#`@-3`P
M(#4P,"`U,#`@-3`P(#4P,"`P(#`@-3`P(#`@-3`P(#`@,"`P(#`@,"`P(#`@
M-S(R(#8V-R`W,C(@-S(R(#8V-R`V,3$@-S<X(#<W."`S.#D@,"`P(#8V-R`Y
M-#0@-S(R(#<W."`P(#`@-S(R(#4U-B`V-C<@-S(R(#`@,"`W,C(@,"`P(#`@
M,"`P(#`@-3`P(#`@-3`P(#4U-B`T-#0@-34V(#0T-"`P(#4P,"`P(#(W."`P
M(#`@,C<X(#@S,R`U-38@-3`P(#4U-B`P(#0T-"`P(#,S,R`U-39=+T)A<V5&
M;VYT+U1I;65S3F5W4F]M86Y04RU";VQD350O1FER<W1#:&%R(#,R+T5N8V]D
M:6YG+U=I;D%N<VE%;F-O9&EN9R]4>7!E+T9O;G0^/@UE;F1O8FH--3(@,"!O
M8FH-6R])0T-"87-E9"`U-2`P(%)=#65N9&]B:@TU,R`P(&]B:@T\/"],96YG
M=&@@,30Q."]&:6QT97(O1FQA=&5$96-O9&4^/G-T<F5A;0T*2(F45FUOVS80
M_NY?<<"^2(.EB-1[411P_)*Z6YPM5H$!]3#($AUK4"17+VOS[W<D]>9$3EH'
MB$B1?.ZYN^>.N@XF5W_`^_=7M_/U`@SX\.%Z,8?)U7QK0%3B"_X'991-KF[P
MU4,YN0H"`P@$APFA8A4?O@&NX>F>!<'C1`$U^'>RO.4P/31IH8D'&M&)#4%\
M82MMMQKMSL6%G6:[4S-TPT#D(()V]`TT4_<]N[?V1?F\60=+5;.5!6Q5S5&"
M6<!GRRVH?P>?7L!;9_"&T\+S$<([NNL-T;?+^>?[=;#FR`@YVRP`C5G*7_./
ML\V-&,+\[O9VO=VN[S;C)NW.=V['XA:%<>ISDX[NF0.'E"T[5>QQSPH@4Z"&
MX8]&R>GCR1T0W(FE&^Y;B7#/_?<[_P496_>=H?MW]XOE/=RHFJ?<SS;!>G.#
MWFY6PDT)0%L`FW(`0G7+XGS0_GJQQ".SWR&X7\Z"6YR,,O+.PD.E*U1W[&=I
MYDR"CTMH4X+I6#9I@-D\@+L5$-_DN;?&\^"/Q,S67<M^*V;$.`]:Y[/1^FP,
MR2K711(_L%.>9!4LXSH*JR3/IK#.(GT<G[QDAIGX`6)=6:%P45G]]E62,MCD
M.A#-M*A+08/YZA=J&61<3\3LL^#Z`Z!_QG[C$%UI83LALIWP1+K2#>L5-\XK
MQ.DJQ"0\%,&OF']0->K:=!!;U5$J?*F\"'%9[Q]53TFJBL409D(+`MCL@/D0
M$^?KEF]+M:*%\'1*$XD$=19C!=ZKKE)C(*FUUR@4[&O-RBK)'J##)#TF-:5T
M)>A`NE&>'51+26*654FHVDH*5<'XH'I4?07?`E_/>3,I(,GDA"@%7Y5TD@K8
M]X@?536BU#'KG7([`J1URK0[IV(X%#G'@>K(8/G]F.R3JH0JAQ!6N;"`\M;^
MA`,*)N[]DAK7AB4I<7ME(*U9_5"7%>I7=JH+ZA[I59C2"U)PSZ1`>A;/I6`H
MUV&)E)%&P4X%*S&.(E@E[)_@E1(4/O8W7D^*VKIC-)&3['HAB_CV;$QQ6WQ1
MJJ-((T\*!C@IQ[/71[5O_M@E>50;FWU4O]9AFAP25D)8`E=.(YL4)X^/K(CX
M,"\P7YR@UJ)BWAW=<KJ\9V$F=B*?O%`U5^$5,90VE\.J8"S.^0KD!\E2:V`&
M\EUSB/[X+*JF>*5]UK?Z7`?;ICMEOU-WBK53IP)UD?R72(^[R!)/IQVUDJ.@
MO7E>G/)"@JX23IC!$9V.6<6$O21K%:D]%X,K)2E@^]AE><65?:KW6,?I$\1)
M&:5YR;!\=$#B45[$6+TICYR`L7M$6_"T=<QLP_-IRFLNQ6*+91C[&(B:\F1-
M'?(TS;^=-X6>*;$E4P$\""J3E;A32M3/3A4"^I:D*7`?]MC:&*J:USO_)W2.
MCG%S)UP3_D$G-'S/#^!&J!+14>#$BB2/\2T:V*E0GOAJE(@VQ/C[=\+BZ#5)
MO+-Z%0V\*SU01>E=.#F\85\I<FJ\+'(T8_GB&T1^(5KB$Y%;;+M68YH8.@&5
MX.W(XU_D]<.Q65FQ?5&'Q5,SI=ZT'1G85E3B4H,[<'X="+MN;_<5LW3<K/Q@
M0SGP;S;YRC0&IKWQ8%'R6A"::+\D88^3N`V+J!W3@7%ZP3C]B9Y,NV^#RUNL
M'V_;>.T()<^QG_$J+TO1FK%IM]VCZ1!]IOHZ)6[33WS2-NJ1/C+%'E"4=9B)
M?M"5^_/[7Y,X?0.)6<H>0O'94%?'O$BJIW?C_MH_$S_G[?BY;V_IRE)69-1I
M!'^_J>+C*,2'Y>-]A`]/.4H5I'+&Y%KSR-HZ%H_F>,$?9KME+]=*.;N@(W_`
MNR6SY0>)<I+G&[1(/A))IB':4&M8S"6+7,YJ_K!;HN49^^[<&"?3.,O-Q8":
M9#SFRV#ROP`#`)F0K_4-"F5N9'-T<F5A;0UE;F1O8FH--30@,"!O8FH-/#PO
M4W5B='EP92]4<G5E5'EP92]&;VYT1&5S8W)I<'1O<B`U-R`P(%(O3&%S=$-H
M87(@,3(Q+U=I9'1H<ULR-3`@,"`P(#`@,"`P(#`@,"`S,S,@,S,S(#`@,"`R
M-3`@,S,S(#(U,"`P(#4P,"`U,#`@-3`P(#4P,"`U,#`@-3`P(#`@-3`P(#4P
M,"`U,#`@,C<X(#`@,"`P(#`@,"`P(#<R,B`V-C<@-C8W(#<R,B`V,3$@-34V
M(#`@,"`S,S,@,"`W,C(@,"`X.#D@,"`P(#`@-S(R(#8V-R`U-38@,"`W,C(@
M,"`P(#`@,"`P(#`@,"`P(#`@,"`P(#0T-"`U,#`@-#0T(#4P,"`T-#0@,S,S
M(#4P,"`U,#`@,C<X(#`@,"`R-S@@-S<X(#4P,"`U,#`@-3`P(#4P,"`S,S,@
M,S@Y(#(W."`U,#`@-3`P(#<R,B`U,#`@-3`P72]"87-E1F]N="]4:6UE<TYE
M=U)O;6%N4%--5"]&:7)S=$-H87(@,S(O16YC;V1I;F<O5VEN06YS:45N8V]D
M:6YG+U1Y<&4O1F]N=#X^#65N9&]B:@TU-2`P(&]B:@T\/"],96YG=&@@,C4Y
M."]&:6QT97(O1FQA=&5$96-O9&4O3B`S+T%L=&5R;F%T92]$979I8V521T(^
M/G-T<F5A;0T*:-Z<EG=45-<6A\^]=WJAS3#2&7J3+C"`]"X@'011&&8&&,H`
MPPQ-;(BH0$01$0%%D*"``:.A2*R(8B$HJ&`/2!!08C"*J*AD1M9*?'EY[^7E
M]\>]W]IG[W/WV7N?M2X`)$\?+B\%E@(@F2?@!WHXTU>%1]"Q_0`&>(`!I@`P
M6>FIOD'NP4`D+S<7>KK("?R+W@P!2/R^9>CI3Z>#_T_2K%2^``#(7\3F;$XZ
M2\3Y(D[*%*2*[3,BIL8DBAE&B9DO2E#$<F*.6^2EGWT6V5',[&0>6\3BG%/9
MR6PQ]XAX>X:0(V+$1\0%&5Q.IHAOBU@S29C,%?%;<6PRAYD.`(HDM@LXK'@1
MFXB8Q`\.=!'Q<@!PI+@O..8+%G"R!.)#N:2D9O.Y<?$"NBY+CVYJ;<V@>W(R
MDS@"@:$_DY7(Y+/I+BG)J4Q>-@"+9_XL&7%MZ:(B6YI:6UH:FAF9?E&H_[KX
M-R7N[2*]"OC<,XC6]X?MK_Q2Z@!@S(IJL^L/6\Q^`#JV`B!W_P^;YB$`)$5]
M:[_QQ7EHXGF)%PA2;8R-,S,SC;@<EI&XH+_K?SK\#7WQ/2/Q=K^7A^[*B64*
MDP1T<=U8*4DI0CX]/97)XM`-_SS$_SCPK_-8&LB)Y?`Y/%%$J&C*N+PX4;MY
M;*Z`F\*C<WG_J8G_,.Q/6IQKD2CUGP`UR@A(W:`"Y.<^@*(0`1)Y4-SUW_OF
M@P\%XIL7ICJQ./>?!?W[KG")^)'.C?L<YQ(83&<)^1F+:^)K"="``"0!%<@#
M%:`!=($A,`-6P!8X`C>P`OB!8!`.U@(6B`?)@`\R02[8#`I`$=@%]H)*4`/J
M02-H`2=`!S@-+H#+X#JX">Z`!V`$C(/G8`:\`?,0!&$A,D2!Y"%52`LR@,P@
M!F0/N4$^4"`4#D5#<1`/$D*YT!:H""J%*J%:J!'Z%CH%78"N0@/0/6@4FH)^
MA=[#"$R"J;`RK`T;PPS8"?:&@^$U<!R<!N?`^?!.N`*N@X_![?`%^#I\!QZ!
MG\.S"$"("`U10PP1!N*"^"$12"S"1S8@A4@Y4H>T(%U(+W(+&4&FD7<H#(J"
MHJ,,4;8H3U0(BH5*0VU`%:,J44=1[:@>U"W4*&H&]0E-1BNA#=`V:"_T*G0<
M.A-=@"Y'-Z#;T)?0=]#CZ#<8#(:&T<%883PQX9@$S#I,,>8`IA5S'C.`&</,
M8K%8>:P!U@[KAV5B!=@"['[L,>PY["!V'/L61\2IXLQP[K@('`^7ARO'->'.
MX@9Q$[AYO!1>"V^#]\.S\=GX$GP]O@M_`S^.GR=($W0(=H1@0@)A,Z&"T$*X
M1'A(>$4D$M6)UL0`(I>XB5A!/$Z\0APEOB/)D/1)+J1(DI"TDW2$=)YTC_2*
M3"9KDQW)$60!>2>YD7R1_)C\5H(B823A)<&6V"A1)=$N,2CQ0A(OJ27I)+E6
M,D>R7/*DY`W):2F\E+:4BQ13:H-4E=0IJ6&I66F*M*FTGW2R=+%TD_15Z4D9
MK(RVC)L,6R9?YK#,19DQ"D+1H+A06)0ME'K*)<HX%4/5H7I1$ZA%U&^H_=09
M61G99;*ALEFR5;)G9$=H"$V;YD5+HI703M"&:.^7*"]Q6L)9LF-)RY+!)7-R
MBG*.<ARY0KE6N3MR[^7I\F[RB?*[Y3OD'RF@%/05`A0R%0XJ7%*85J0JVBJR
M%`L53RC>5X*5])4"E=8I'5;J4YI55E'V4$Y5WJ]\47E:A:;BJ)*@4J9R5F5*
ME:)JK\I5+5,]I_J,+DMWHB?1*^@]]!DU)35/-:%:K5J_VKRZCGJ(>IYZJ_HC
M#8(&0R-6HTRC6V-&4U735S-7LUGSOA9>BZ$5K[5/JU=K3EM'.TQ[FW:']J2.
MG(Z73HY.L\Y#7;*N@VZ:;IWN;3V,'D,O4>^`WDU]6-]"/UZ_2O^&`6Q@:<`U
M.&`PL!2]U'HI;VG=TF%#DJ&3889AL^&H$<W(QRC/J,/HA;&F<83Q;N->XT\F
M%B9))O4F#TQE3%>8YIEVF?YJIF_&,JLRNVU.-G<WWVC>:?YRF<$RSK*#R^Y:
M4"Q\+;99=%M\M+2RY%NV6$Y9:5I%6U5;#3.H#']&,>.*-=K:V7JC]6GK=S:6
M-@*;$S:_V!K:)MHVV4XNUUG.65Z_?,Q.W8YI5VLW8D^WC[8_9#_BH.;`=*AS
M>.*HX<AV;'"<<-)S2G`ZYO3"V<29[]SF/.=BX[+>Y;PKXNKA6NC:[R;C%N)6
MZ?;87=T]SKW9?<;#PF.=QWE/M*>WYV[/82]E+Y97H]?,"JL5ZU?T>).\@[PK
MO9_XZ/OP?;I\8=\5OGM\'Z[46LE;V>$'_+S\]O@]\M?Q3_/_/@`3X!]0%?`T
MT#0P-[`WB!(4%=04]";8.;@D^$&(;H@PI#M4,C0RM#%T+LPUK#1L9)7QJO6K
MKH<KA'/#.R.P$:$1#1&SJ]U6[UT]'FD161`YM$9G3=::JVL5UB:M/1,E&<6,
M.AF-C@Z+;HK^P/1CUC%G8[QBJF-F6"ZL?:SG;$=V&7N*8\<IY4S$VL66QD[&
MV<7MB9N*=X@OCY_FNG`KN2\3/!-J$N82_1*/)"XDA26U)N.2HY-/\61XB;R>
M%)64K)2!5(/4@M21-)NTO6DS?&]^0SJ4OB:]4T`5_4SU"76%6X6C&?8951EO
M,T,S3V9)9_&R^K+ULW=D3^2XYWR]#K6.M:X[5RUW<^[H>J?UM1N@#3$;NC=J
M;,S?.+[)8]/1S83-B9M_R#/)*\U[O25L2U>^<OZF_+&M'EN;"R0*^`7#VVRW
MU6Q';>=N[]]AOF/_CD^%[,)K129%Y44?BEG%U[XR_:KBJX6=L3O[2RQ+#N["
M[.+M&MKML/MHJ71I3NG8'M\][67TLL*RUWNC]EXM7U9>LX^P3[AOI,*GHG._
MYOY=^S]4QE?>J7*N:JU6JMY1/7>`?6#PH./!EAKEFJ*:]X>XA^[6>M2VUVG7
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MA6_EWQY]QWC7^S[L_<1\Y@?LAXJ/>A^[/GE_>KB0O+#PFP`#`/>$\_L*#0IE
M;F1S=')E86T-96YD;V)J#34V(#`@;V)J#3P\+U-T96U6(#$S-B]&;VYT3F%M
M92]4:6UE<TYE=U)O;6%N4%,M0F]L9$U4+T9O;G13=')E=&-H+TYO<FUA;"]&
M;VYT5V5I9VAT(#<P,"]&;&%G<R`S-"]$97-C96YT("TR,38O1F]N=$)";WA;
M+34U."`M,S`W(#(P,#`@,3`R-ETO07-C96YT(#@Y,2]&;VYT1F%M:6QY*%1I
M;65S($YE=R!2;VUA;BDO0V%P2&5I9VAT(#8U-B]82&5I9VAT("TU-#8O5'EP
M92]&;VYT1&5S8W)I<'1O<B])=&%L:6-!;F=L92`P/CX-96YD;V)J#34W(#`@
M;V)J#3P\+U-T96U6(#@R+T9O;G1.86UE+U1I;65S3F5W4F]M86Y04TU4+T9O
M;G13=')E=&-H+TYO<FUA;"]&;VYT5V5I9VAT(#0P,"]&;&%G<R`S-"]$97-C
M96YT("TR,38O1F]N=$)";WA;+34V."`M,S`W(#(P,#`@,3`P-UTO07-C96YT
M(#@Y,2]&;VYT1F%M:6QY*%1I;65S($YE=R!2;VUA;BDO0V%P2&5I9VAT(#8U
M-B]82&5I9VAT("TU-#8O5'EP92]&;VYT1&5S8W)I<'1O<B])=&%L:6-!;F=L
M92`P/CX-96YD;V)J#34X(#`@;V)J#3P\+T]032`Q+T]0(&9A;'-E+V]P(&9A
M;'-E+U1Y<&4O17AT1U-T871E+U-!(&9A;'-E+U--(#`N,#(^/@UE;F1O8FH-
M,2`P(&]B:@T\/"]&:7)S="`S,34O3&5N9W1H(#<R-B]&:6QT97(O1FQA=&5$
M96-O9&4O3B`T,2]4>7!E+T]B:E-T;3X^<W1R96%M#0IXVMR434\;,1"&^U-\
M;`_4:X^]'Q**%`*1HO`E$M0#ZF$))ETU[$;.IH)_W]<>0J`'A-5#I1Z2\7C?
M>68\X]U"9*(4*LM$)<A66`DJL*&$K6"TR$D)1:*P))0199$+98,>+I9:0U3`
MEE!A262$`B4P=(8(K87&(Y/G`DMEP=<(M=8(#6E(HL'+#73@Y25TX!7(&M'(
MI\$K`2'P2G!"014*)/`J"Y^0*H,/9&;@6]@*/D(5_JB`17V$5!I)J((ME#"A
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M;=<[;.!OC/'MO>OVSOE]=E`G`3N18U\_N(AY4SK2LX"/&S/<*&Z@X@8JLS\\
MH`LWO.^=%]G7+%8W7#5+G*NO?2\OT,&G4/LWW_1-NSSK[IP\]?-;#CQR]YUW
M+Y$3U-KVT<6)7GD1MO??SSR"ROE_DOHO#GU`VKR;/#X?#/[[5Q#]'0J^<'*T
MN^)3D>'5+)]?S=V]7PJ;O7R<AL_7\W60^G#05.@$+25H38+6?D"KG[5Y`K=(
MT)8)-50)7)6EB%,FIU)&IRCA?,JDB%.FI_(4<9$B3AF@JA+$.DL1JQ2Q3A&G
M3%"G3%"G3%"G3%"G3%!_9(+FSV^=3ADEI8R2WA_E;P$&`!$/XLL-"F5N9'-T
M<F5A;0UE;F1O8FH-,B`P(&]B:@T\/"].=6US6S`@,R`P(%)=/CX-96YD;V)J
M#3,@,"!O8FH-/#PO4R]$/CX-96YD;V)J#30@,"!O8FH-/#PO0V]U;G0@,2]4
M>7!E+U!A9V5S+TMI9'-;-3`@,"!273X^#65N9&]B:@TU(#`@;V)J#3P\+U-U
M8G1Y<&4O6$U,+TQE;F=T:"`T,#8W+U1Y<&4O365T861A=&$^/G-T<F5A;0T*
M/#]X<&%C:V5T(&)E9VEN/2+ON[\B(&ED/2)7-4TP37!#96AI2'IR95-Z3E1C
M>FMC.60B/SX*/'@Z>&UP;65T82!X;6QN<SIX/2)A9&]B93IN<SIM971A+R(@
M>#IX;7!T:STB061O8F4@6$U0($-O<F4@-"XP+6,S,38@-#0N,C4S.3(Q+"!3
M=6X@3V-T(#`Q(#(P,#8@,3<Z,30Z,SDB/@H@("`\<F1F.E)$1B!X;6QN<SIR
M9&8](FAT='`Z+R]W=W<N=S,N;W)G+S$Y.3DO,#(O,C(M<F1F+7-Y;G1A>"UN
M<R,B/@H@("`@("`\<F1F.D1E<V-R:7!T:6]N(')D9CIA8F]U=#TB(@H@("`@
M("`@("`@("!X;6QN<SIP9&8](FAT='`Z+R]N<RYA9&]B92YC;VTO<&1F+S$N
M,R\B/@H@("`@("`@("`\<&1F.E!R;V1U8V5R/D%C<F]B870@1&ES=&EL;&5R
M(#@N,2XP("A7:6YD;W=S*3PO<&1F.E!R;V1U8V5R/@H@("`@("`\+W)D9CI$
M97-C<FEP=&EO;CX*("`@("`@/')D9CI$97-C<FEP=&EO;B!R9&8Z86)O=70]
M(B(*("`@("`@("`@("`@>&UL;G,Z<&1F>#TB:'1T<#HO+VYS+F%D;V)E+F-O
M;2]P9&9X+S$N,R\B/@H@("`@("`@("`\<&1F>#I#;VUP86YY/E-E8W5R:71I
M97,@86YD($5X:&%N9V4@0V]M;6ES<VEO;CPO<&1F>#I#;VUP86YY/@H@("`@
M("`@("`\<&1F>#I#;VUM96YT<SY697)S:6]N(#$N,#PO<&1F>#I#;VUM96YT
M<SX*("`@("`@("`@/'!D9G@Z4V]U<F-E36]D:69I960^1#HR,#`Y,#DP,3$U
M,C<Q-CPO<&1F>#I3;W5R8V5-;V1I9FEE9#X*("`@("`@/"]R9&8Z1&5S8W)I
M<'1I;VX^"B`@("`@(#QR9&8Z1&5S8W)I<'1I;VX@<F1F.F%B;W5T/2(B"B`@
M("`@("`@("`@('AM;&YS.GAA<#TB:'1T<#HO+VYS+F%D;V)E+F-O;2]X87`O
M,2XP+R(^"B`@("`@("`@(#QX87`Z0W)E871O<E1O;VP^06-R;V)A="!01$9-
M86ME<B`X+C$@9F]R(%=O<F0\+WAA<#I#<F5A=&]R5&]O;#X*("`@("`@("`@
M/'AA<#I-;V1I9GE$871E/C(P,#DM,#DM,#%4,3$Z,C<Z,S@M,#0Z,#`\+WAA
M<#I-;V1I9GE$871E/@H@("`@("`@("`\>&%P.D-R96%T941A=&4^,C`P.2TP
M.2TP,50Q,3HR-SHS-BTP-#HP,#PO>&%P.D-R96%T941A=&4^"B`@("`@("`@
M(#QX87`Z365T861A=&%$871E/C(P,#DM,#DM,#%4,3$Z,C<Z,S@M,#0Z,#`\
M+WAA<#I-971A9&%T841A=&4^"B`@("`@(#PO<F1F.D1E<V-R:7!T:6]N/@H@
M("`@("`\<F1F.D1E<V-R:7!T:6]N(')D9CIA8F]U=#TB(@H@("`@("`@("`@
M("!X;6QN<SIX87!-33TB:'1T<#HO+VYS+F%D;V)E+F-O;2]X87`O,2XP+VUM
M+R(^"B`@("`@("`@(#QX87!-33I$;V-U;65N=$E$/G5U:60Z-30W,6$X9&4M
M8V9D-RTT-&%A+6)A964M869D.6,T,F(V930X/"]X87!-33I$;V-U;65N=$E$
M/@H@("`@("`@("`\>&%P34TZ26YS=&%N8V5)1#YU=6ED.C1E.3AE9C,X+38S
M-&4M-&0V8BUB8V4X+38W.#8P-S,P-C(U-#PO>&%P34TZ26YS=&%N8V5)1#X*
M("`@("`@("`@/'AA<$U-.G-U8FIE8W0^"B`@("`@("`@("`@(#QR9&8Z4V5Q
M/@H@("`@("`@("`@("`@("`\<F1F.FQI/C,\+W)D9CIL:3X*("`@("`@("`@
M("`@/"]R9&8Z4V5Q/@H@("`@("`@("`\+WAA<$U-.G-U8FIE8W0^"B`@("`@
M(#PO<F1F.D1E<V-R:7!T:6]N/@H@("`@("`\<F1F.D1E<V-R:7!T:6]N(')D
M9CIA8F]U=#TB(@H@("`@("`@("`@("!X;6QN<SID8STB:'1T<#HO+W!U<FPN
M;W)G+V1C+V5L96UE;G1S+S$N,2\B/@H@("`@("`@("`\9&,Z9F]R;6%T/F%P
M<&QI8V%T:6]N+W!D9CPO9&,Z9F]R;6%T/@H@("`@("`@("`\9&,Z8W)E871O
M<CX*("`@("`@("`@("`@/')D9CI397$^"B`@("`@("`@("`@("`@(#QR9&8Z
M;&D^=7,\+W)D9CIL:3X*("`@("`@("`@("`@/"]R9&8Z4V5Q/@H@("`@("`@
M("`\+V1C.F-R96%T;W(^"B`@("`@("`@(#QD8SIT:71L93X*("`@("`@("`@
M("`@/')D9CI!;'0^"B`@("`@("`@("`@("`@(#QR9&8Z;&D@>&UL.FQA;F<]
M(G@M9&5F875L="(O/@H@("`@("`@("`@("`\+W)D9CI!;'0^"B`@("`@("`@
M(#PO9&,Z=&ET;&4^"B`@("`@(#PO<F1F.D1E<V-R:7!T:6]N/@H@("`\+W)D
M9CI21$8^"CPO>#IX;7!M971A/@H@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@"CP_
M>'!A8VME="!E;F0](G<B/SX-"F5N9'-T<F5A;0UE;F1O8FH--B`P(&]B:@T\
M/"]#<F5A=&EO;D1A=&4H1#HR,#`Y,#DP,3$Q,C<S-BTP-"<P,"<I+T%U=&AO
M<BAU<RDO0W)E871O<BA!8W)O8F%T(%!$1DUA:V5R(#@N,2!F;W(@5V]R9"DO
M4')O9'5C97(H06-R;V)A="!$:7-T:6QL97(@."XQ+C`@7"A7:6YD;W=S7"DI
M+TUO9$1A=&4H1#HR,#`Y,#DP,3$Q,C<S."TP-"<P,"<I+T-O;7!A;GDH4V5C
M=7)I=&EE<R!A;F0@17AH86YG92!#;VUM:7-S:6]N*2]#;VUM96YT<RA697)S
M:6]N(#$N,"DO4V]U<F-E36]D:69I960H1#HR,#`Y,#DP,3$U,C<Q-BDO5&ET
M;&4H*3X^#65N9&]B:@UX<F5F#0HP(#0X#0HP,#`P,#`P,#`P(#8U-3,U(&8-
M"C`P,#`P,#<P-C4@,#`P,#`@;@T*,#`P,#`P-S@X-R`P,#`P,"!N#0HP,#`P
M,#`W.3(Q(#`P,#`P(&X-"C`P,#`P,#<Y-#4@,#`P,#`@;@T*,#`P,#`P-SDY
M-R`P,#`P,"!N#0HP,#`P,#$R,30Q(#`P,#`P(&X-"C`P,#`P,#`P,#`@-C4U
M,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-
M"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P
M,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P
M,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U
M,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-
M"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P
M,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P
M,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U
M,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-
M"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P
M,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P
M,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U
M,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-
M"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P
M,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P
M,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-"C`P,#`P,#`P,#`@-C4U
M,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0HP,#`P,#`P,#`P(#8U-3,U(&8-
M"C`P,#`P,#`P,#`@-C4U,S4@9@T*,#`P,#`P,#`P,"`V-34S-2!F#0IT<F%I
J;&5R#0H\/"]3:7IE(#0X/CX-"G-T87)T>')E9@T*,3$V#0HE)45/1@T*
`
end
</PDF>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----