! "! # " $ " # $!"#$%&! ( ")* +* $,+%) & - "). /)%$ +*# *""*) " # " $% " %! # % &! # $ ( *$!$%. %*!) +* # 0#%-$%&! *! **$)/$"# 10#%$ ( &!
|
|
|
- Oswaldo Van Der Vinne
- 6 Há anos
- Visualizações:
Transcrição
1 o o! "! # " $ " # $!"#$%&! o ' ( ")* +* $,+%) & - "). /)%$ +*# *""*) % " # " $% " %! # % &! # $ ( *$!$%. %*!) +* # 0#%-$%&! *! **$)/$"# 10#%$!' % % ( &! ) " # $ (,-%. *! -*!* # +* $!$*%&! +* "02*!$%!* ( 3")%4%$$%&! +* # "02*!$%&! 5 (( "0#%$%++ +* # "02*!$%!* ) 2, +* # * +* )!$%!# +* "02*!$%!* ( #! ) ),-%$ +* "02*!$%!* 8 " # o 9 : $
2 $ " # ' o 9 ( $ ' % " " o 9 ; < (8 " " # # # $ * # o 9 = ><? % $ % o 9 = 9 = =!% +! ),$& &!! ',$,$& " * + # $ 38 " % % " $ $! '! $ o A(
3 o A < BAA o *# *$ *) *-%#)%2 (C?B +* +*!2%*. 0 *B *# D"* * "*0 *#AA o )*E) *4"!+%+ +* # *F +*!) ) +*# *$) 10#%$ AA o
4 --./ & :;3<=3>-2345>7; /78=.= /-;>7;:=59-? -/D0&.0/7;<=787-./=71-7; 3>->205;0789-1;723>075;08-/9G2=;08>7;,$$:# >7;$$,#$ 6=-;? 7597&;--./ & :;3<=3>-2345>7; /78=.= /-;>7;:=59-? 37590> ;3>-> F /-:-; 76;-? 7590 > ;3>-> /78=.=789-/3-.-/-;-8 593>->78 02-;78& -./01->0.0/7-;72/790,$$7/B>7-.; &2052-/B297/8=.;790/30&;-836=37597;7638; ;H 7:,$$& >7 >7 50C37? 1/7& 757/-; /78=.=789-/3-& 7:78-5=-;78 >7 /78=.= /-;78>7;89->0&:>7? B8> /> / /76=;-57; ;:=59-? ? 0-; I1;3208>7.75>375978>7;? 38? 0&8375>0J8908I;93? 087; /6-538? 0=9450? 0K58939=90 =5323.-;>7=;9=/-:=C759=>L:;-7?./78-? =5323.-;K & L&876I5;0789-1;723>0757;-/9' /78=.= /-;.-/-7; 38? -C ?.0/-;<=7J897 3>32A0 /78=.=7890A=137/->7./0//06-/87& /763/B5&-83? 38? 0&757;.7/G0>0>7./4// /=29=/->7; /78=.= /30>72050? G-: '-2375>-,$$">7>7>3237? 0>3F32->-.0//>75 ',#,$& >7 >7? -/D0N.-/93/ >7; >7 757/0 >7 $ 759/-/B 75 C360/ ;- />75 ',",$&>7$> ? 1/7&.0/;-<=787-./=71-;-589/=22345>7;? 0>7;050/? -;> ;3>->;02-;M 5O&>7>7029=1/7>7$N 082/J> ;=3>08757;89->0> ;-83F ;08836= /397/308H 76I5;-F35-;3>->>7;082/J>3908:>7;0801@793C08<=7 2057;;0887./7975> =3/&J ;-83F32-/B575B/7-8>76-890&.0;G932-8>76-890: 6/=.0>7./06/-? -8 0/;-5-9=/-;7D-72054? 32->7;082/J>3908&872;-83F32-575H -.G9=;0&/9G2=;0& :=
5 -2;-83F >7;08356/780887/7-;3D-/B205F0/? 7-8=5-9=/-;7D-72054? 32-&-53C7;>7 -.G9=;0&/9G2=;0& := : 72054? 32-& =:7;-=53>->801/7;-<=7877F729=-/B7;/76389/ ;7>7;082/J>3908:8=8? 0>3F &-8G20? C352=;-2345<= ;72775; >7/-5-137/908&>759/0>7;53C7;>7C352=; ;723>075;--87& /0& 90>08; /7C ;- 789/=29=/ ? 32- >7;- />75 ',$$"& >7 >7 >3237? 1/7&:<=750F36=/-5>79-;;->08757;;389->0>7; /78=.= /J>3908.-/ >7;08>3F7/75978 /78=.=78908<=735976/-57;757/-;> >->& 87>78935-/B5-;-F35-;3>->78.72GF32-.-/-;-<=7A-:-583>0-=90/3D->08757; /78=.= /-;&075 8=8? 0>3F >713>-? /01->-8&975375>02-/B297/;3? 39-93C0:C352=; =7523-&50.0>/B5-><=3/3/8720?./0? 3808> =-59G-8=.7/30/-;3?.0/97>7 >32A082/J>3908&8375>05=;08>7.;750>7/72A0;08-2=7/>08&/780;=230578:-2908->? 35389/-93C08<= >7 789-;3? -N ;-2;-83F /./06/-? -8& 1N >7;-2;-83F ? 32-&7;! " 836=375978H #!$! -N ;-2;-83F /./06/-? -8&7;% 1N ;-2;-83F ? 32-&7;! #&'#!$!( -N ;-2;-83F /./06/-? -8&7; 1N ;-2;-83F ? 32-&7;! -;C0 75-<=7;;08 8=.=78908 >7./0: F F729->-& 75 2=: >/B5 2-/B297/ C352=;-597-; 53C7; >7 >78-6/ <=7 F36=/ ; 89->0 > >7;./78=.=7890M53C7;>78= N 57;2-80>735C7/ F729->-8-F ? 7>3-597./J89-? 08-./01->08>=/-5977; ;-01/ ;? 7597./7C389-&05087/7-;3D-/-&87.0>/B5>78935-/;08F05>08>7;./J89-? 0-2=-;<=37/09/-35C7/8345&/ >0;-C352=; E M6/=.0 >7./06/-? -8: 2-.G9=;0N -/- 7;;0 87/7<=7/3/B-2=7/>0 >7;- =59- >7 0137/5002-;52-80<=7;-35C7/8345-/7-;3D-/ ;=:7/->759/0>7;08? >08 53C7;78>7C352=;-2345M6/=.0>7./06/-? -:2-.G9=;0N&7;-2=7/>020//78.05>7/B-; ;750>7;- 0/.0/-2345 )#*#''!$!( -N >7;-2;-83F /./06/-? -8&7; 1N >7;-2;-83F ? 32-&7;#
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
9 2=-5>0-F7297-8= /78=.= =-;<=37/2-80&87/B./727.93C07;20//78.05> F0/? 7-;-597/C752345>705>08&-8G 20? 027/93F >7;-7E >72/J>3908=F ;--.; /78=.=789-/3-<=7>71-27>7/ 2/J>390 -? > ; 35F0/? 7 >7;- 597/C752345& /-/B 75 7; 7E.7> =-590-;-7F7293C3>->>7;-89/-58F7/7523-8>72/J>3908<=7A-5>787/-./01->-8.0/7; ;750&87/B>7-.; ;/J63? 75/76=;->0757;.=590>7;--87" -89/-58F7/7523-8>72/J>3908-./01->-8.0/7;;2-;>7 /783>759707;327./783>7597>7; 87/B57@72=93C-8>78>78=-./ >/B5 6757/-/ 2/J> ; 789->0 > ;08 836= /7808 >7 5-9=/-;7D- 50 9/31=9-/3-H -N.0/ ?./0? 3808 F3/? 78 >7-.0/ >7.7/805-8 FG @=/G>32-8.-/- F /&@= ;:=59-? 37590&6-8908>720? ;02-; 5-<=7;; <= >-5-.0/ ;=/3-5=-;78.7/0877@72=9790>-;-01/-7;./3? 7/-P0&87.0>/B6757/-/2/J>39020?.;790.0/7;./3? 7/-P0&.-/-7C39-/7;>78F-87757;./78=.=7890 1N5-@ > ? =5323.-;78&8375>0./72380<=787A-:-./027>3>0-;/ ? >7;>7/72A0 2N / >787/C32308&.0/;-2=-;87A-:-5;3<=3>->0./72308.I1;3208&752=-59G-8=.7/30/- ;08356/7808./78=.=789-> &;- > ;3>-> >7;08 2/J> /->08 <=7>- 205>32305->- -;- 7F7293C- /72-=>-2345>7;08>7/72A08 >N77? 10;80>7./J89-? 087F7293C-? 7597/72-=>->08 7N735976/0> >713>08>7; /78=.=789027//->08&2=:0201/0.0>/B/7.057/2/J>39075 ;--.; /78=.=789-/3-20//78.05>37597 =-5> D2-7; 20?./0? 380 F3/? 7 >7 7F729=-/ =5- -.0/ F-C0/ >7; :=59-? 37590&087A-:-/72-=>->0-;6=50>7;08356/7808>782/ ;.=590&752=-59G-8=.7/30/- ;-./7C ; /78=.=7890&877C-;=-/B83;082/J>3908> ;7875;-820//78.05> ; /78=.=789-/3-8>7;789->0> =F /-F /7;352/7? 7590>76-890<=787./7CJ /757;>78-//0;;0>7;-8-293C3>->786757/->0/-8>7;356/7803>32A0C0;=? 75>72/J>390F=7/- 8=F &50./027>7/B9/-? 39-/7;7E.7>37597>76757/-2345>72/J> ; 8=.=7890 >7 <=7;08 2/J> ? -/-5 358=F & /B7E.7>37597>7 6757/-2345>72/J>390<=7/7<=7/3/B>7;08836= /-? 3978H 7? 0/3-Q /0.=789->7;;2-;>7 /783>75970>7;327./783> /7290/>7; &757; <=7 87@=893F32-/B;- 7F7293C3>-> >7;08 201/08 0;- F3/? 7D- >7; 20?./0? 380&-8G 20? 0;--.; /78=.=789-/3-<=7>71787/352/7? 759->- 5F0/? 7>7;-597/C752345>705>08 ;7E.7>37597>76757/-2345>72/J>3908&87/B-./01->0.0/7;;2-;>7 /783> F729--; /78=.=7890 >7; :=59-? 37590&:.0/ 7; 327./783>7597 >7; /6-538? 0 =9450? 0 83-F = /78=.=7890&8375>07@72=93C0>78>78=-./ =-5>0 7E389-5 >=>-8 /-D05-1;78 >7 <=7 7; 20?./0? 380 >7 ;- -.0/ ;;76-/- -
10 ? -97/3-;3D-/ /0&75;-/780;=2345>7-./ >717/B>797/? 35-/87;-F ;97/5-93C- <=7&758=2-80&87/B./ ;32-/ 5C3/9=>>7;-/9G2=;0>7;-7:/6B532-,$&>7>7-1/3;&>789-13;3>-> /78=.=789-/3-: ;3>-> /- K %!- * D"* * 0)*!-! *!$%. +* # *2%) * +*)%! /! H!)*-.*!)* *+"$% *#!%2*# +* +*"+ 10#%$L 8G.=78:876I57;/9G2=;0L! *# ""*) +* D"* # #%D"%+$%&! *""*) % * %)1* *! "* /2%)B*)* * +*)%! /B*! *# $ +*# )+B."!%++* ")&!.B F $%!* $#*B *+"$% *# *!+*"+.%*!)!*)L &<=7>-8=.7>39->0-;./7C3831;7>78-//0;;0/76;-? 759-/30 0>/B5 3520/.0/-/87-; /78=.=7890 > >7; 7@7/ ? 7> =37597& 837?./7: 2=-5>07E /-7;;088=F /72=/808F /08&;08836=375978/7? >72/J>390H 082/J>39087E9/-0/>35-/308:;088=.;7? 75908>72/J>390&-8G20? 0;-89/-58F7/7523-8&<=7A-:-5 83>020527>3>080-=90/3D->08757;I;93? 09/3? 789/7>7;7@7/23230&:.-/-;08? 38? <=7? 093C-/05 8= =90/3D /J>3908<=7-?.-/-5;0820?./0? 3808>76-890>713>-? 7597-><=3/3>08757@7/ /30/78 082/J>3908-=90/3D->0875F=52345>7;-7F7293C-/72-=>-2345>7>7/72A08-F729->08 082/J>3908.0/0.7/ > ; 082/J>3908<=7-?.-/75./0:72908F > /7808-F729-> /.0/-2345>7/7? =7>787/F >-? 7>3-597H ;/7? ;G<=3>0>7780/7/G-.-/ /-;78 =7C080? -:0/78356/7808/72-=>->08801/7;08909-;78./7C ; /78=.= ;8=.= ;723>0757;.=590R7N> &;-3520/.0/-2345>7;08/7? >72/J>39087/B01;36-90/3->=/-5978=2783C087@7/232308&8-;C0<=787> ;0.-/23-;? 7597>7;- 7@72=2345 >7; ? 0>3F F /B 205 7? >7 9780/7/G--F729-> ?./0? 3808>7-.0/ /;-.-/97>7;356/780-F729-> /B297/ 6757/-;&;-;3<=3>-2345 >7;./78=.=7890./727>7/B-;- 3520/.0/-2345 >7 /7? &>32A-? 0>3F >/B-./01-/ <=7;-;3<=3>-2345>7; /78=.=7890 2=-5>0879/-97/7? >72/J>390> F F729->- ;7E.7>37597>73520/.0/-2345>7/7? &/7<=7/3/B>7;08836= /B? 3978H 7? 0/3- >7; ;2-;>7Q /783>7597 M75 7; :=59-? 37590N 0 >7; 327./783>7597 M75 7; /6-538? 0=9450? 0N75<=78735>32-/B;08/7? /.0/-/:;08/72=/808F /08.-/- 7;;0 5F0/? 7>7597/C / ? 7> ;=2345 >7; ;2-;>7Q /783>7597 M75 7; :=59-? 37590N 0 >7; 327./783>7597M757;/6-538? 0=9450? 0N --./ >7;-? 0>3F &87/B7@72=93C->78>77;? 0? <=787A-:-->0.9->0 7;-2=7/>020//78.05>37597 =-5>020? =7523->7? 0>3F ;-89/=29=/->7; /78=.=789087? 0>3F3<=7
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email protected]/-5=;-2345;-?0>3F >7;./78=.=7890> <=78=.057 7E2;=83C-?7597=5->38?35= ;0.-/23-;757;2/J> >0-=5--.; /78=.=789-/3- =-5>07;;2-;>7 /783>759775;-593>->02-;:7;327./783> =2-807;>3/7290/& 757; 7893?7<=77;8-;>0>7=52/J>39078/7>=231;70-5=;-1;7835.7/9=/1-2345>7;87/C3230&.0>/B 0/>75-/; >7;7E.7>37597>[email protected]/-5=;-2345 ;7E.7> >/B7;?38?09/B?397<=7;--./ >7; /78=.= / >7;-81-@-8& ; /78=.=7890>7;:=59-? ?0>78=/6-538?0 =9450?020//78.05>7/B-; ;750.0/?-:0/G-83?.;7 =-5>0;-81-@-8>72/J>390887> F /8=.;7? /J>39087E9/-0/>35-/308& F0/?-/B5.-/ /-597>7;7E.7>37597<=7879/-?397.-/-;--./ >7-<=7;;08 5.-/932=;-/&87/72=//3/B57278-/3-? ?0>3F >72/J>39083>7;-;3<=3>-2345 >7;7@7/ /30/A=137/7/78=;9->0/7?-57597>7780/7/G C0 =-5>0;-8 1-@-8 87 > ;- F >7/7? >7780/7/G C080- -<=7;;-F35-;3>-><[email protected]/-2=7/>0>7; ;750>7;-593>->02-;&87/B535?7>3-9-?75977@72=93C >->>77F729=-/5356I55=7C09/B?397
12 2 -N08>7/72A08;3<=3>->08>=/-5977;? 38? 02=-;<=37/-<=787-7;.7/30>0>7<=7>7/3C75 1N-801; / >-8>=/-5977;? 38? /60-;082/J>3908>7;789->0> >72->- /78=.=789080;0.0>/B52059/-7/87 01; >7/3C->-8>7-><= &01/-8&87/C32308&:>7? B8./ /-;<=7 87/7-; ;-P05-9=/-;>7;./0.307@7/23230./78=.=789-/ &:2052-/B297/7E ;&87-.;32-/B5;082/J>3908>7;./78=.=7890C367597&757;? 0? 7590>78=/ ? 37590&;-801; =375978H -N-8<=7/78=;975>7;-;3<=3>-2345>7-9/-808-;.7/805-;&8375>07;4/6-5020? /-7; / ? 37590&7; /783>7597>7;-0/.0/ ;>7;/6-538? 0=9450? 0&758=2-80 1N-8>7/3C->-8>720?./0? 3808> >713>-? 7597-><=3/3>08757@7/ /30/7857; 8=.=7890/72063>0757;-/9G2=;0>7;-8./ &87/B57278-/30;-./7C3-3520/.0/-2345>7 /7? >72/J>390 2N-8./027>75978>7;/ ? /7; ;750>7;-0/.0/-2345>701; ><=3/3>-875 7@7/ /30/78&? 7>3-597/ ? E9/-@=>323-;>72/J>3908& ; 20? 075;- 593>->02-; 590>02-80&:>=/-5977;./02780>7237//7>7;7@7/ ;? 78>7757/0&87.0>/B ;3D-/01; >7/72A08-2-/60>7;./78=.=7890<=787789B27//-5>0&:205F72A-;G? 3977; -.#&837?./7<=72= /97>02=? 759-;:2/J>390->72=->0:8=F '-(34( 54 /+6503*( )*+ )+1++*7& &-3*8930/& 54. )+4(-)-4(3* =-5>05087C-:--./0>=23/;--./ /0C38305-;>7;./78=.=7890>7;7@7/ = >7;>7>3237? 1/7>7;7@7/ =37597&>=/-5977;? 78>3237? 1/7>7;7@7/ =/80&87 F0/? =;-/B./0.=789-/-D05->-.0/7;0527@-;>7'-2375>-75;-<=787>79-;;-/B-53C7;>7-.; /78=.=789-/3-;08-@=8978-;-1-@->7;./78=.=7890-/7-;3D-/ -./0.=789-&./7C3035F0/? 7./727.93C0>7597/C752345:./7C3035F0/? 7>77C-;=-2345>7; 2=?.;3? 37590>7; ;3>->./78=.=789-/3-&/76;->76-890:;G? 397>7>7=>-&87/B-./01->-.0/ ;2-;>G--5978>7;>7757/0&9-;:20? 0/72067;-2058=;9-$,##>7;- &F72A->7759/->-75C360/ >7;./78=.=7890./0//06-> ;08-@=8978-;-;D-& J8908 >717/B5 3?.=9-/87-;-8 20//78.05> ; /78=.=789-/3-8&./7C3-./0.=789-/-D05->-8>7;-0527@-;G->7'-2375>-735F0/? 7>7;597/C7590/&? 7>3-597/780;=2345? 093C->->329->-.0/7; /783>7597>7;-0/.0/ /30/3>->->7 757/0&9-;:20? 0>38.057;-2058=;9-239->->7;- &=5-C7D75C360/7; /78=.=7890./0//06->0 7F72908>7;-50/? -93C-801/ ;3>->./78=.=789-/3-&;-597/C752345? =5323.-;/7-;3D-/B75 787? 0? 7590=5-->75>-801/77;/78=;9-> >0757;35F0/? 7>7;-./4//06->7;./78=.= >32-5>020? 0-F /77;? 38? 0& ;2-80&;08-@=8978-;-;D->7;./78=.=7890
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
14 1N >7-=90/3D /7C ;-/9' &/ ;-80.7/ >7 2/J>390./7C ;./78=.= >7; /78=.=7890>7-8908>7;:=59-? 37590:8=8/6-538? 08=9450? 0887 /7-;3D-/B75;-8836=375978F-878H -N=90/3D-2345>7; N ?./0? 380>7; N ? 37590:;3<=3>-2345>7;-01; >N/> >7; &.=7>75-2=? =;-/8775=5? 38? 0-290;-8836=375978F-878H =90/3D MSSN =90/3D-2345Q ? 37590>7;-01; MS SN ? 37590>7;-01; M N ;-290->? 35389/-93C0<=7-2=? =;7>080? B8F-878./0>=23/B;08? 38? 087F72908<=783>32A-8 F />-/ >? 35389/-93C0887.-/->0852=-;<=37/2-80&7;4/6-500-=90/3>-><=7 ->0.977;-2=7/>0>717/B9757/20? M0/3635-/3-&>7;76->-0> /->-N.-/--20/>-/90>-8 :2->-=5->7;-8F-878<=775-<=7;87352;=:-5 0>-8;-8 <=7F0/? =;75;-8@7F-9=/-8>787/C323087/B5/-D05->-8:20589-/B5 >7;01@790>7;-? 38? -&2=-59G-:>7;--.; /78=.=789-/3-75;-<=7> /-7/877; /B 35>32-/87& 75 8= 2-80& 83;-./0.=789- > = ;6=5- F E97/5-& -.0/9B5>087&759-;8=.=7890&7;>02=? 7590@=893F32-93C0>7;-8=1C :=>-72054? 32- : =90/3D ;-290? 7>3-5977;2=-;87-2=7/>-;-/7-;3D-2345>7=56-890&.0/=5-2=-59G- 237/9-0-./0E3? ->-&/787/C-5>0-9-;F35;-909-;3>->0.-/97>7=52/J>390./78=.=789-/ /@=3230>7;0789-1;723>075;--87&;-=90/3D-2345> /7-;3D-/B205F0/? 7 -;0836= /397/308H #! $! ;? 0? 7590 >7 -./01-/87 >7F35393C-? ; /78=.= /-;>7;7@7/ =2-807;./78=.=7890./0//06->0&877E.7>3/B>02=? /7;3?.0/97>7;-8/79/31=230578/72063>-8757;#2#!&20//78.05> ;08 3* '& # -/-7;#!!&7;>02=? E.7>3/B757;? 0? 7590>78=2059/ &.0/ 7;3?.0/97>7;-8/79/31= >7C756-/>=/-5977;.7/30>0>7C >7;2059/-90 -/-;-8'#'#' #!4877E.7>3/B>02=? ;? 0? 7590>7-./ >7;- 4? 35-? 758=-; 0897/30/? /01-/B7;20//78.05> /790> ? 37590>7;- 1; :;-F382-;3D /7;4/ /C7590/ -/-7;.-60>7;-54? 35-87/B57278-/3-;-./7C ;3D-2345>7;08>02=? ;78 -/-;08 '*''#&877E.7>3/B>02=? ;-./0.=789->7;0527@-;>7 B/7->7 017/5-2345:877E.7>3/B>02=? ;? 0? 7590>7-./ >7;- 4? 35-? 758=-; -/-;08 '&'&877E.7>3/B>02=? ;-./0.=789->7;0527@-;>7
15 B/7->7 017/5-2345:877E.7>3/B>02=? ;? 0? 7590>7-./ >7;- 4? 35-? 758=-; ;? 0? 7590>7-./ >7;- 4? 35-? 758=-; -/- ;08! ' '!4 75 7;? 0? 7590 >7-./01-/87 >7F35393C-? ;./78=.= E.7>3/B>02=? 7590 :.0/3?.0/9736=-;-;-82093D /7C389-8 &# '##!$'# '#4!!! 7/B>7-.; >=/-597;-C >7; /78=.=7890 =5323.-;;-8;3? <=7>7/3C75>7;-7:>7 /78=.= /-;78>7;89->0&-8G20? 0;-8? 0>3F <= /.0/75-;0/>75-? -97/3-> ;7?.;70.I1;320M75;-? 0>-;3>->F=52305-/3-;0;-10/-;N-? 13J =9054? 32-8<=7>78-//0;;75>7 F0/? -/76;-? 759-/3-;-F0/? -> :./0C38345>7.;-D-8757;B? 1390>7;-->? 35389/-2345;02-;5 2=-;<=37/2-80&>717/B876=3/877;./027>3? /7C389075;-50/? -A-13;39-597M =09/-8N75 >7;2-/B297/7E ;>7;-2059/ ;50? 1/-? 37590>7;.7/805-; F=52305-/300;-10/-; ; >7/-2345 >7 ; /78./30/39-/ ; 7?.;70.I1;320& 50 7E ; 0/>75-? 37590@=/G> =5-/76;-02/397/30<=7>797/? 357<= >7.0/*$) *B 4"!$%!* F $)*- H 4*%!#* D"* * $!%+* *! % %) % &.0/CG-35>3/729-.0>7? /-/ 75;-;7638;-2345-;6=5-8F= <=7> >7/-/87./30/39-/3-88G&-=5<=750805;-8I532-8H7; 7-;72/790,#"&>7"> ? 1/7&.0/7;<=787/76=;-7;/J63? 75@=/G>320>7;08 F=52305-/308>7>? 35389/ ;205A-13; >72-/B297/ ;&20583>7/ /3-8;->7 4!#!,!*'!'5'+#'# #! '+##+ '*'##', '4,! # '!'4,'+#-?.0207E3897=5->7F ;76-;>787/C ;&8350<=7 2->->? 35389/ ;-<=7>797/? 35-2=-;78>7;0887/C32308<=7./ ;78;-/9>7;- 7:,#"&>7>7-1/3;&>7-878>7J63? 7502-;&75=? 7/-;0887/C32308<=77590>02-80>717./789-/2=-;<=37/? = &:2;-83F32-75F=52345>7;5I? 7/0>7.01;-2345;0887/C32308->32305-;78<=7 ->7? B887>7175./789-/T /C ;36-90/308&.0/;0<=7.0>/G >7/-/ ;78&.7/050805;08I /B&.0/;09-590&2->-593>->02-;757@7/23230>78=820? ;-<=7>797/? 357>7 F0/? -/-D05-1;7:&758=2-80&/-D05->-&7;6/->0> ;3>->>7;0887/C32308<=7./789-& >0752=759-;087F72908>78=8>3F7/ C3>->78801/7;08=8=-/308>7;0887/C32308.I1; <=7;;-8/780;=230578>72059/ ? 1/-? 37590>7.7/805-;50./7C ;6=50>7; /78>782/3908&>717/B? 093C-/ ;2-/B297/> ;/ >7;87/C3230.-/-7;<= /-9-&20? 0;-823/2= >72-807E ; >->=/ ;-D-1;7. #'#'#,&''$! /B-;0789-1;723>0757; > >7@72=2345&75<=787/76=;-7;./027>3? 37590>77@72=2345> >7;:=59-? 37590: 8=/6-538? 0=9450? &.-/--<=7;; <=77E389-5 I!* +* " -*!$% +*0%+. *!)*. )%2+&;-8 20? ? -97/3-> /31=3>-8-;-=59->7 0137/5002-;.0>/B587/7@7/23>-8.0/7; ;2-;>7Q /783>7597? 7> /790 '##'$!"1 -/-; F /08/72063>08757;89->0>7;-7=>-& 877E.7>3/B>02=? 7590 &0758=2-80&757;? 0? 7590>78=>7C7560:-./
16 )#*#' '# $! ;?0?7590 >7 -./01-/87 7; 7E.7> //78.05>37597> >7;--:=>-8&-./01->-.0/7;4/6-5020? &877E.7>3/B>02=?7590 7/7-;3D-/B7;>02=? ;?0?7590>7;--./ >7;/ ?37590>7;-01; ?7> /790>7;0527@-;>7'-2375>-.0/7;3?.0/97>7;-8-.0/ /72063>-875C3/9=>>7; ;723>0757;-2=7/>0> #&'#$! /B-;0789-1;723>0757; > >7@72=2345&75 <=787/76=;-7;./027>3?37590>77@72=2345> >7;:=59-?37590:8=/6-538?0=9450?0 )#*#' '! $! ;?0?7590 >7 -./01-/87 7; 7E.7> //78.05>37597> >7;--:=>-&877E.7>3/B>02=? /7;3?.0/97>7;-8 -.0/ /72063>-8757;?38?0 '& '##' $! C08 F / /-/B5 >02=? ;?0?7590>78=-./ '& '##' $! :1 5 7;?0?7590 >7; >7C7560:;;76->0 7;.7/30>0 >7 C7523?37590>7;-82=09-8>7-?0/93D-2345&877E.7>3/B>02=?7590 &0758=2-80.0/7;3?.0/97 >7;-8-?0/93D /-;-80.7/ <= /975>=/-5977;7@7/23230&877E.7>3/B>02=?7590.0/7; 3?.0/97>7;-8-?0/93D >7;-P0&757;?0?7590>7;--./ >7;7E.7>37597:>7C7560>7 3597/ ;-290?7> ; <=7 87-2=7/>-;-/7-;3D-2345 > &./7C3-?7597 -=90/3D->08&.0/=53?.0/977E-29-?7597>797/?35-> > /7-;3D-/B205F0/?7-;0789-1;723>075; ? /-;-> > //78.05>7-;?38?04/6-50<= /31=3>-8= -=90/3D > ?./0?38078= /7;7C-523-@=/G>32-F/ /27/08&C352=;-5>0-;- 7593>->-;-/7-;3D-2345>7= /790:>797/?35-> =2=-59G-20?075;-8205> ;78>77@72=2345 # ?37590>7;-01; ;-290?7>3-5977;2=-;87>72;-/-;-7E >7=5 2/J>3907E3631;72059/-;-7593>->>7/3C->0>7= =90/3D->0:20?./0?793>0 /7C3-?7597-; / ?37590>7;-801; >717/B-2/7>39-/87>02=?759-;? ;4/6-5020? ;- /7-;3D-2345>7;-./ ;>7/72A0>7;-2/77>0/>7205F0/?3>->205;08-2=7/>08<=7758=>G- -=90/3D-/05:20?./0?7937/057; ?.;7./ >7=587/C32300/7-;3D-2345>7=58=?35389/0=01/-& =;08=F /- <=7;- 7593>-> 87/72050D2- >7=>0/.0/ 9-; & 83-<=7;;08 50 A-5 83>0/7<=7/3> ;3239->08.0/;--=90/3>->=4/6-5020? &75;-F0/?-;76-;0/76;-?759-/3-? ;723>-3 50A-./727>3>0;-20//78.05>37597-=90/3D-2345&.0>/B./0>=23/87;-01; =53.7/805-;>7>7C0;C7/ ;08?-97/3-;78:7F729080>735>7?53D-/-;8=?35389/->0/07@72=9-597
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
18 $ -0/> > ;-290? 7>3-5977;2=-;7;0/>75->0/>7.-608& =5-01; / >-:;3<=3>->-&7E.3>7;-20//78.05>375970/>75> /> >7.-608>7;:=59-? ? >7;;2-;>7& >/B>7;76-/ >7-2=7/>0205;0789-1;723>075;-50/? -93C-C ;/6-538? 0=9450? 0&;-0/> >7;.-6020//78.05>7-; /783>7597-0/> >7.-608&2052-/B297/6757/-;&877F729=-/B /7; >74/>7578>7.-60<=77;-10/-/B;-780/7/G-&7520;-10/ ;-597/C752345>705>08&>7205F0/? 3>->2057;.;-5>7> >7F05>08:; /3-./30/3>->>7; >7.7/805-;:01; /-G> ? 38? >7/-/B =/675978;08 >7/3C->08 >7-.0/ ? =5323.-;78: F-29=/ >7 87/C32308./789->08.0/ 7; & 75/7; ? 375>-8 -./01->-8.0/7; ;750 3;- 5-9=/-;7D-0=/67523->7;.-60;0/7<=37/7&;-0/> >7;? 38? 0.=7>77F729=-/87 35>3C3>=-;? =-590-;-0/>75>7./7;-2345>7; &87789-/B-;0>38.= ; ;-5> >705>08&-./01->0.0/;-;2-;>G-&:.=1;32->0758=35976/3>->205F72A-$,$,$M O"N ;780/7/0.-6->0/7E363/B;-3>7593F >7;-8.7/805-8-<= =72=-5>0.-/-J; F=7875> >-8;780/7/087/B/ ;783877F729I ;-7EA &.-/-87/-509->0& >7; % : -/7-;3D-2345>7;.-608=.0577;2=?.;3? 37590>7;-801; :>7;-0/> >7; /60-; :=59-? 37590:- 8= /6-538? 0 =9450? 0&.=>375>0 7F729=-/87-9/-CJ8 >7;08 836= /=? 75908H 5? 79B;32007F7293C0& 0/2A7<=71-52-/30 0/9/-58F7/ /3-0/ 2-/ =759-& 7E ;? 7597& 75-<=7;; <=7-8G;0 >797/? /-908&205C75308=09/08>02=? 75908C352=; /-7;:=59-? 37590=/6-538? 0 =9450? 0 0/ ;--@- 757/-;> ? 38? 0&;-801; >/B52-527;-/? 7> F0/? -;3D-2345<=750./0>=23/B5 C-/ F7293C-8>79780/7/G- 0.0>/B5.-6-/87757F7293C0;-80.7/ &75;-8<=7-;6=5->7;-8.-/ /C I7 752-;3>->>77?./78-/300./0F78305-;&2053?.0/9736=-;08=.7/30/-$$7=/0808=2059/-C-;0/75? 057>-7E9/-5@7/-M-/97:,$&>7#>7029=1/7N 52=-;<=37/2-80&7;80.0/97>02=? 759-;>7;.-60? -97/3-;; =:77;./0.30? -5>-? ;- /7-;3D-2345 >7;? 38? 0? 7>3-597 ;- C-;3>-2345 >7; 589/=? 7590 > //78.05>37597&07;S/7231GS>7;.7/27.90/&<=7872=?.;3? 759-/B752-80>7.7/805-8FG832-8? 7>3-597./ >7; : F3/? -&: >7.7/805-8@=/G> >7/->08&? 7>3-5977;50? 1/7:;08>08 -.7;;3>08>7;.7/27.90/& :F3/? -
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
22 7205F0/? 3>->205;0789-1;723>075;08-/9G2=;08>7;-7:,#"&>7>7-1/3;&76=;->0/- >7;-8-878>7J63? 7502-;&:>7;76;-? 7590>7/6-53D-2345&=52305-? 37590:J63? 75=/G>320 >7;-8593>->7802-;78&-./01->0.0/7-; 72/790",">7">750C37? 1/7&;08? 37? 1/08>7;- 0/.0/ /2313/B5;-8836=375978/79/31=230578&35>7? 53D : ;08? 37? 1/08>7;- G53? 0597/./0F78305-;M N75;-2=-59G-<=787 >797/? = I5;0789-1;723>0757;-/997/>7;-7:,#"&>7>7-1/3;&76=;->0/->7;-8-878>7 J63? ; M75;-/7> >->-.0/;- 7:,$& >7 >7 >3237? 1/7& >7/-2305-;3D-2345: ;3>->>7;->? 35389/ ;N&;-./ >787/C ;08:=59-? /J63? 75>7 >7> E2;=83C-.0/.-/97>78=8? 37? 3978H KMNJ7 *! # F"!).%*!) +* "!%$%% $! 0#$%&! $. *!+%+ *!) *(A?? F A???? J0%)!)*B #.%*.0 D"* + /! *) " * 2%$% *!,-%.*! +* +*+%$$%&! *E$#"%2! *E$*+* / +*!$*K )=>; =;;; <> ( ))?1 ;2-;>7H 8@.&! 0527@-;>7)/7-H 7@A&! 0527@-;205>7; H 7@.&! 0527@-;835>7; H A@.&! 89-8/79/31= ;08? 37? 1/08 >7;- 0/.0/ >7> E2;=83C-:.-/23-; 87.7/2313/B575>027? 758=-;3>->788375>0;-8>7@=530:>3237? 1/7>01;78 = ; B =; 0/; F7293C >08757;7@7/23230>78=2-/6087/79/31=3/B5>7205F0/? 3>->205 ;0789-1;723>0757;7-; 72/790,$$&>7>7? -:0&>735>7? 53D //-D45>7;87/C3230: ;-8<=7758=>78-//0;;0-./=7177;.;75075=5-2=7/>078.72GF3200-9/-CJ8>7;-1-878>77@72=2345>7;./78=.=7890 ); =;;;<>( @-;78>7;-0/.0/-2345<=7507@7/D-58=2-/6075/J63? 75>7>7> E2;=83C-53.-/23-;&.0/;-2052=//7523-7F7293C--; >7;084/ ;763->08>7<=7F0/? 75.-/ >7.75>7523->7; H0/>35-/3-&7E9/-0/>35-/3-07E9/-0/>35-/3-=/67597&.7/2313/B >7-2=7/>0205;-8836= =-59G-8H ), $&$$U &$$U $&$$U &$$U
23 8908 3?.0/ =5 2-/B297/ >7? BE3? 08 >7 F0/? - <=7 ; ;723>-8-5=-;? H ;7508&=59-8>7 0137/50:0? F0/? -93C-80>08;080527@-;78 205>7/72A /75=523-5-;-8<=7801/ =-;? 75977;5I? 7/0>7>32A ; ;;>H 0/2->-6/=.0.0;G9320.@08A&! -;? 78 0/2->-20527@-;.7/ ;6/=.0.0;G9320.C08A&! -;? 78 ;3?.0/97>7; <=787975>/B752= F ;F3@->0757;7-; 72/790,$$&>7">7>3237? 1/7&.0/7;<=787F3@-7;8-;-/30? G53? 03597/./0F78305-;.-/-$$"&<=7; ;723475$$7=/08? ; //78.05> ;--><= >7;31/08& =/808: 09/ B;0608&/7<=7/3/B5>7;-./7C3--./ /.-/97>7;0527@-;>7;)/7-:>7;0527@-;>7 7/805-;&:;- F382-;3D-2345./7C3->7597/C /-7;/6-538? 0=9450? 087/B57278-/3-;--./ /7; 327./783>759703/7290/:;-F382-;3D-2345./7C3->7597/C (=7>-5 7E2;=3>08 > ;--><= >7;31/08.-/-;- 131;30972-? =5323.-;& <=7 87 -@=89-/B-;./027>3? /-;> ;723>0757;57E0> >7@72=2345 # 5; >7;-.G9=;0& //375978:87/C32308&2052-/B297/6757/-;877E363/B;-./ >7F-29=/--8F-29=/-87E.7>3>-8.0/;082059/ &>717/B /&20? 0? G53? 0&;08 836=375978>-908&>7-2=7/>0205;0./7C ;-/9>7; #,$&.0/7;<=787-./=71-7; 76;-? 7590/76=;->0/>7;-801; >7F-29=/ N? ;:=59-? 37590=/6-538? 0=9450? 0& F >78=8/ C08 & >0? 323;30F382-;&;02-;3>->:24> ; 1N >7593F >7;2059/-9389-& F >78= &>0? 323;30F382-;&;02-;3>->:24> ; 2N =? 7/0>7F-29=/-&:758=2-80&87/37 >N =6-/:F72A->77? 38345>7;-F-29=/- 7N 782/ =F >7;-./ <=787F-29=/-&205>79-;;7>7;-8=53>->7801@790>7 87/C =? 35389/0& 2-593>->:./72308 =539-/308 >7 2->- =5- >7 7;;-8& 2059/-./ ;& /31=9-/30:2=09->7;?.= /77;-;0/P->3>0 FN 57;8=.=7890>7<=7;-0.7/-2345<=787>02=? =5-F-29=/-789J7E759->7&87 A-/B/7F7/7523--;-8> //78.05>375978>7;-3/7293C-$$,,&>7">750C37? 1/7& /7;-93C--;83897? -20? I5>7;&0-;08./ //78.05>375978>7;-7:>7;035> >7<=7 ;-0.7/ B7E759-6N 57;2-80>7/78=;9-/>7-.; ;/J63? ;>7;2/397/30>72-@-&876I5;0789-1;723>0 75;-7:,$&>7> ? 1/7&>77?./75>7>0/78&:"",$&.0/7;<=787? 0>3F32-7; 76;-? 7590>7;M-/9N&75;-F-29=/-87>79-;;-/B;-836=375977E./ ? 3;-/HL$)" $-%+ #,-%. *! **$%# +*# $ %)* % +* $K
24 AN 7/G0>0<=720//78.05>- 3N 3/? -:87;;0>7;-7?./ >-8;-8F-29=/-8&8780;3239-/B8=205F0/? / ;7>7;87/C3230&3?.;32-5>0>32A0-290<=77;87/C323008=? 35389/087A-7F729=->0>7-2=7/>0 205;-8205> /-29=-;78-205F0/? -2345>7;-8F-29=/-88=.05>/B; >7;87/C =? 35389/0>7-2=7/>0205;-8205> /-29=-;78:;-7E-2939=>>7;->02=? /7>39-93C- -205F0/? 3>->>7;-8F-29=/-887/7-;3D-/B./7F7/7597? 7597? 7>3-597F3/? -7;729/4532-& >7<= ;7&;-205F0/? 3>->>717/B/7-;3D-/872057E./78-35> >7;50? 1/7:-.7;;3>08 09-? 13J5 08.;-D08>79/-? 0>3F >7;-7:,$$&>7#>7>3237? 1/7&.0/;-<= ;7275? 7>3>-8>7 ;=2A-2059/-;-? 0/083>->75;-80.7/ ? 7/23-;78 5-C7D205F0/? ->-8>32A-8F-29=/-8&879/-8;->-/B5-;-597/C752345>705>08&-7F72908>7 9/-? 39-/8=F382-;3D /7;597/C7590/ =5323.-;: ;3D-2345&7;-10/B5>087/7;-2345>790>-8 -<=7;;-8F-29=/-8<=7.=7>7587/7;7C->-8-;--./ >7;4/6-5020? F382-;3D-2345>7F-29=/-887? -97/3-;3D-/B? 7>3-597>3; :F3/? -<= /B575;- /7;-23457;-10/->-.0/;-597/C752345>705>08 ; 7.-/9-? 7590>7597/C =5323.-;&2057;F35>7>-/2=?.;3? ;-8> >7 ;08-/98#:836=375978>7;-7:,$&>7>7>3237? 1/7>73?.=;80>7;-F-29=/-7;729/4532-: 2/7-2345>7;/76389/ ;7>7F-29=/-8757;7290/ I1;320&7F729=-/B/7<=7/3? /34>3208>7-29=-2345 / ;-8 F-29=/-8.75> >7 / ? >7 01; & 7 35F0/? -/B >7 205F0/? 3>->205;-;7638;-2345C ;6=5-80.7/ /79-89-;7820? 09/-58.0/978&=80>7-= &87/C32308>7 A0897;7/G-&8=? 35389/08>7.-60-;2059->0&-.-/2-? >7C7AG2=;08&87/C ;7F453208:792&;-8 F-29=/-8.0>/B587/8=8939=3>-8.0/K-;78L5=? //78.05>375978>7>379-8:;020? 02345&<=787/B5-975>3>08./7F7/7597? 7597? 7> @=893F32-/& >3/729-? /60-;--.; /78=.=789-/3-& 0/3635-/B5;- 9/-? >7 >02=? K L& 2=:- 7E.7> F729=-/B /C /978 >7 V3;0? 79/-@7 >786;08->08.0/;08 >78.;-D-? <=7 >3-/3-? /0>=D2-5& 87/B5 C38->08.0/ 7; 0527@-;>7;)/7- ;:=59-? 37590>7=/@-8809:8=0/6-538? 0-=9450? 087A-5->A7/3>0-; = /-;>7 59/->->7-29=/-8;729/4532-8>7;- M7N&<= =:7&-.-/93/>7;>7757/0>7$&757; 76389/0>? 35389/-93C0>7759/->->7;-8F-29=/-87;729/4532-8> >->7875;089J/? 3508>7;-7:,$&>7>7>3237? 1/7&>73?.=;80>7;-F-29=/-7;729/4532-:2/7-2345>7;/76389/ ;7>7 F-29=/-8>7;7290/ I1;320-8F-29=/-8&02=-;<=37/09/0>02=? 7590@=893F32-93C0<=7-2/7>397;-7E >7=5>7/72A0>7201/0&>717/B5759/76-/87757;:=59-? 37590>7=/@-8809:8=0/6-538? 0-=9450? 0-9/-CJ8>78=./ =5/76389/0->? 35389/-93C0M ;729/4532-8N 7 205F0/? 3>-> 205;0 <=7 > ;-.>0 O >7;-/9G2=;0 >7;- 7:,$& >7 >7 >3237? 1/7&>73?.=;80>7;-F-29=/-7;729/4532-:2/7-2345>7;/76389/ ;7>7F-29=/-8&877E2;=:7>7;- 01; >7F-29=/-23457;729/4532-;-8F-29=/-8>73?.0/97A-89-$$$U&:;-87? 393>-8.0/./0C77>0/78
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
30 >7; $$,#$:>7?B850/?-8-.;32-1;78-20? >7-./ >7; ;=/3-5=-;7820//78.05>7-;;2-;>70-; ;750>7;- ;-8>7; >7J89775;-=59->7 0137/5002-; 7205F0/?3>->205;0>38.=789075;08-/9G2=;08#->7; $$,#$:837?./7<=72052=//-5 ;088=.=78908./7C ;;08&7;4/6-5020? /--=90/3D-/7; F0/?7-;-1-87>7 /783> ;75;-593>->02-;:-;327./783> ; F05>08>7;-780/7/G-<= ;7D2-.0/7;/;2-;>7 /783>7597; ;-5> >705>08& 758=-.>0&789-1;727<=7L#!)%$% +* $ 4%B H $. # - ")%4%$ B * +*! /! F +%!+ /! *-1! "!.)%2 #%$0#* F * +* *$"$%&! +*# *""*)B "*+%)+ # ")%4%$$%&! +* #!*$*%++ %!*#"+%0#* F *E) +%! % +* *$" % *)* )% +* $*+%.%*!)K -/7-;3D-2345> @=893F32-//7<=7/3/B>7;-./7C3-F382-;3D-2345>7597/C ;0.0>/B5.7/2313/.-608-@=893F32-/;08 '!'+#,!#!!&''!,# '# >->78.7/2313>-8>717/B5@=893F32-/87757;.;-D0>7 20?0?BE3?0>78>7;-.7/ >7;08F05>08&:57278-/3-7357E2=8-1;7?7597->7>3237?1/7&>71375>0/735976/-/87; >->7850@=893F32->-8 750/75>3/8775;08.;-D ;723>08&87./027>7/B-3589/=3/7E.7>37597>7-;2-527>7F05> /-;-.7/805-<=7/723134; >->78-@=893F32-/&>7205F0/?3>->205;0>38.=7890-;7F729075;-7: 757/-; /78=.=789-/ >/B7E.7>3/5=7C-0/>75>7.-60-@=893F32-/&.0/7;?38? /78=.=789-/30& -.7/27.90/78<= =.0>7/F05>08.75>375978>7@=893F " 08.7/27.90/78 >7 F05>08-@=893F32-/& 50.0>/B5 2059/-7/ 01; =:0 3?.0/97 801/7.-877;>7;-88=?-8;31/-> /B297/&8375>0.7/805-;?7597/ ;78>7;-8>7=>-8 <=7.=>37/-52059/-7/.-/->-/?-:0/7E ;0887/C ?75>->08
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email protected].=;-/78: -293C3>->78./0.3-8>7;/6-538? 0=9450? 0 &835.7/@=3230>7<=77;;G? 3972= C0C75>/B >797/? 35->0.0/7;2/J>390> ;7>7;--.; /78=.=789-/3--;-<=7/78=;973?.=9-1;77; > >7F05>08-@=893F32-/789-/B8=@ /B297/6757/-;-;-8836= /? -8H -N ; 3?.0/97 >7;-8 4/>7578 >7.-60-@=893F32-/ <=7 87 7E.3>-5& /B5-;.7/805-; A-13;39-> ;? /- 7;? -57@0.=59=-; >7 =5-0/>75 >7.-60-@=893F32-/&: / 9/-58F7/7523--;-2=759-20//37597>7939=;-/3>->? =5323.-;-137/9-1-@0;->750? K:=59-? >7=/@-8809=759-/789/3563> @=893F32-/L0-9/-CJ8>79-;4550? 35-93C0-F-C0/>7;A-13;39->0 1N08F05>08>7;.-60-@=893F32-/789-/B535976/->0875;08-/<=708>7;:=59-? N-/7F7/3>-2=759-20//37597&84;0.0>/B5->? 393/356/7808>7;-780/7/G- 757/-;&205;-I532-7E >7;-8 20//78.05> ;-1050>73597/ /->08<=787>7/3C75>7;2059/-90>7 > /30 >N;A-13;39->020? 02-@7/0.-6->0/>717/B2=890>3-/:20587/C-/;089-;05-/308:? -9/3278>7;08 2A7<=78 0& 75 8= 2-80&;-8/7; <=7 A=137/75 87/C3>0 > /- 8= 7E.7> /? 7>308 35F0/? B ;8=.=7890>72A7<=78-5=;->08>717/B5./027>7/-8=35=93;3D-2345:20587/C F72908>72059/0; 7N083597/7878<=787>7C756=75.0/;-2=759-20//37597&87356/78-/B5.0/7;'-13;39->0875 2= // /-93C-81-@02059/0;>7;-780/7/G- 757/-;&>7;-F0/? -<=7J ;7D2-:205 -.; ; >7356/7808<=7;720//78.05>- FN;01@790>7.0>7/>7;3? 39-// ;3>->78&50.0>/B >3/97?.0/-;? =5-? 38? -2= /3-C-/3-8./0C @=893F32-/ 6N - 9/-? >7; @=893F32-//7<=7/3/B <=7 75 7; 7E.7> @=893F3<=7;-
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email protected]>/B7E27>7/>7$&7=/08>71375>0-5978>7 -=90/3D-/87;-8759/76-8-2=759->7; &7? 393/8735F0/? 7>73597/C /7; ;3>-> >7;;7C-/ /@=>32-/;-780/7/G->7;-20/.0/ =-59G-.0>/B7E27>7/8775;08 836= =.=78908H -N -/ >720//70&87.0>/B5-=90/3D-/ /-//31->7;;G? 39735>32->0&835 <= I52-80.=7>-58=.7/-/;08$$$7=/08&/7<=3/375>035F0/? 7F-C0/-1;7>7 ;- 597/C =5323.-;& 8375>0 A-13;39->08 >7 9-; E2;=83C-? ;.7/805-;>7;:=59-? /6->0>7759/76-/;-20//78.05>7523--;- F3235->7 0//708&835<=787->7-.; ;.7/805-;>7;/7890>775978>7.75>375978>7;- 0/.0/ ; 1N -/ //375978/7;-93C08-;-0/6-53D-2345>[email protected].=;-/78:-293C3>->78 2=;9=/-;78./0.3-8>7;/6-538? 0=9450? 0 &87.0>/B-=90/3D-/ / -//31->7;;G? 39735>32->0&835<= I52-80.=7>-58=.7/-/7;;G? 397>7;2/J>390./78=.=789-/30>7;--.; /78=.=789-/3-2N -/ /7;-93C08--:=> ;78.-/--975>7/ 839= >7 7? 7/67523-& 87.0>/B-=90/3D-/ /-//31->7;;G? 39735>32->0&835<= I52-80.=7>-5 8=.7/-/7;;G? 397>7;2/J>390./78=.=789-/30>7;--.; /78=.=789-/3- -> >7F05>08-9/-CJ8> >7-@-F3@-789-/B8=@ /B297/6757/-; -;-8836= /? -8H -N;3?.0/97>7; >72-@[email protected]>/B87/> >0? 7>3-5972A7<=7,9-;4550? 35-93C0- F-C0/>7;A-13;39->00-9/-CJ8>79/-58F7/ ;-2=759-20//37597&-50? 1/7>7;:=59-? 37590>7 =/@ ;->750? K=759-/789/3563>-> >7-@-F3@-L 1N08F05>08>7; >72-@-F3@-789-/B535976/->0875;08-/<=708>7;:=59-? N-/7F7/3>-2=759-20//37597&84;0.0>/B5->? 393/356/7808>7;-780/7/G- 757/-;&205;-I532-7E >7;-8 20//78.05> ;-1050>73597/ /->08<=787>7/3C75>7;2059/-90>7 > /30 >N 0.0>/B35323-/87;-9/-? >75356I ;-./7C3-/787/C->72/J>390<=7205;;7C- ;-/7-;3D-2345>7;7E.7> N;A-13;39->020? 02-@7/0.-6->0/>717/B2=890>3-/:20587/C-/;089-;05-/308:? -9/3278>7;08
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
36 F-29=/-8A-5>7789-/205F0/?->-8.0/7;F=52305-/30/ ;7>7;7/C3230: /-/87-?1-875F-87>701; / >- 1N A->77F729=-/?7>3-597>02=?7590F7A M-5977;72/79-/300 F=52305-/30/ ;7>7; ;3>->?=5323.-;N&:20?=532-/87-9/-CJ8>7; 76389/0 757/-;>7;:=59-? N 7>7597:78305-/30> /3>7593F32->088=F ?7597 >N 57;>02=?7590> &7;27>7597>717?-53F789-/7E./78-?7597<= ; >0> /?-8:<=7A-20?=532->0-; /30;-8205> >7; N ; /-;78.-/-90>0=52059/-90& >7F=9=/ >7177F729=-/.-/-2->-27/93F :F-29=/ /790 FN ;4/6-5020? /-;-90?->7/-D45787;7F7>77/C3230> ;3>->0 F=52305-/3075<=375>7;76=70;78=8939=:--90?->7/-D4578=5-290>72-/B297/ /76;->0<=7;-->?35389/-2345/7-;3D-2057F72908?7/-? /508&:755356I <=3C-;7-=5-290> ?37590>7; >7/75= >->7 7E '+#!D&#'# 717/B52=?.;3/87;08836=375978/7<=383908H ?093C->-:782/39->7;1757F323-/3035>32-5>0;08?093C08.0/;082=-;7827>7;08 >7/72A08>7201/0-F-C0/>7=597/27/ >7;>7/72A0>7201/0&755356I52-80-;97/-/B;-8205> >7; >7; 1757F323-/30 >7;- 8=1C752345:-; 2=?.;3?37590 >7;-8 205> ?.= =93;3D-2345> >7>7/72A ?3208>717/B87/-./01->-.0/;-=59- >7 0137/5002-;-./0.=789->7;7/C / % -7@72=2345>7; /78=.= /-;>756/780887/763/BH -N 0/;- 7: ",$$& 757/-; /31=9-/3-& ##,$$&.0/ 7; <=7 87-./=71-7;76;-? /-;>772-=>-2345& $,$$&>7>7@=530&.0/7;<=787-./=71-7;76;-? /-; >7;-8-29= :;08./027>3? > /31=9-/3-: >7 >78-//0;;0>7;-850/?-820?=578>7;08./027>3?375908>7-.; >7;089/31=908:>7?B8 50/? /> N 7-; 72/ ;-93C0,$$&>7>7?-/D0&.0/7;<=787-./=71-7;7E90/7F=5>3>0>7;- 7:76=;->0/->7'-2375>-802-;78 2N 0/;-8/>75-5D-8F382-;78 =5323.-;78:/ />75-5D-8/76=;->0/-8>7356/7808>7 7/72A0 I1;320 >N 0/;-8./
37 5976/-/B5;-780/7/G- =5323.-;90>08;08/72=/808F /08>7;:=59-? 37590:>78=8 4/6-508> >3/729-M87-5>357/0&C-;0/7802/J>3908N& /0.7/ /78=.=789-/3-820? 0 50./78=.=789-/ /7/G- =5323.-;87/763/B.0/7;./ >72-@-I532-&205;-87E >7;08 356/7808-F729-> >7;08/72=/808;G<=3>0887;;7C-/B ;2/397/30> >7;-? BE3? - /759-13;3>->&-876=/-5>07590>02-80&;-35? 7>3-9-;3<=3>7D.-/-7;2=?.;3? 37590>7;-801; =8C7523? ?.0/-;78&20527/9-5>02=-5>0./027>-0.7/ >79780/7/G- 7> ;=2345>7;2-;>G-5O",$&87-./0147;!#;'''+# #!)!,# '# =3 M 5O"&>7>7@=;30>7$N&<= =:775 =5--=9J /? F72908@=/G> /7 7;./027>3? > >7;-8 01; ? 32-8>7789->? 35389/ ;89-50/? ->7-.; / /01@ =3/ =5-->72=->->389/31=2345>7; ? 0>B5>0;08-;-8> ;3>->78>77F7293C0./7C ;- 780/7/G- =5323.-; <=7.7/? 39- =5-20// ? >7 ; >->78 >7 ;3<=3>7D >7; :=59-? 37590:;-0.93? 3D-2345>7;7?.;70>7;08/72=/808> ;78-780/7/G-&-./0.=789- >7; ;2-;>7&.0>/B/759-13;3D-/ 8=8 7E27> ?.0/-;78 >7 9780/7/G-? 7> C7/830578<=7/7I5-5;-8205> >7;3<=3>7D:876=/3>->M-/9##' N > ;/ ? >7 >7/72A ;-290.0/ 7; 2=-; 87 >72;-/-5;G<=3>08: 7E3631;78 =508 >7/72A08-F-C0/>7;-'-2375>- =5323.-; /027>7/B7;/ ? 37590>7>7/72A089-5./059020? D2-<=7A-7E3893>0=5- ;3<=3> F-C0/ >7; :=59-? 37590& <=7.=7>-./027>7/ >7 ;-./0.3-0/.0/-2345& >7 09/- >? 35389/-23450>7;08.-/932=;-/78T0187/CB5>087;-8/76;-8>7;08.= =375978! # #%D"%+$%!* +* $!) H+ *2%&+* %!- * +% *$)& ;3D-/B7;/ ? >7>7/72A082=-5>087-./=7175;-8;3<=3> ! # #%D"%+$%!* +* $!) H+ *2%B %!- * *$%0B ; ;3D-2345 >7; / ? 37590>7;>7/72A0975>/B;=6-/9/-8;--./ >7;.->/45! # ")#%D"%+$%!* * %!- * %! $!) H+ *2%B 2=-5>0 87./ : 87 A- 356/78->07;3?.0/97>7;-8? 38? -8! *# $ +* "02*!$%!* )!4* *!$% *$%0% +* ) *!)%++B 2052-/B297/6757/-; 975>/B57;9/-9-? 37590>7356/7808>72059/-G>0./7C30837E3897/780;=2345> >32-5>0;- 2=-59G--8=1C / 5;- )%$%$%&! +* # ) %0") +*# *)+& ;3D-/B7;/ ? 37590>7;>7/72A0 20? 02059/-G>083? =;9B570! #,). $!$* )+&-? 7>3>-<= ;=6-/;-88=2783C-8> & ;3D-/B7;/ ? 37590>7>7/72A08:201/0>7; >->7820//78.05> /597/C >0.9-/B5;-8? 7>3>-8./027> /--876=/-/;-.=59=-;/7-;3D-2345 >7;-8;3<=3> /31=9-/3-8:./02=/-/7;? 7@0//78=;9->0>7; /72-=>-90/3-
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
40 " : : 77@7/27/B757;? = >7=/@ ;-7E :7F72908<=787>797/? 35-75;08 -.-/9->08 836=375978&;-8 F= >7 2059/0; 3597/50/ >7 8= ? 32-& >7;08 0/6-538? 08-=9450? 08:>7; >->78? 7/2-593;78>77;;-8>7.75>375978&758=9/3.; >7 F= /C7590/-&F=52345>72059/0;F /0:F=52345>72059/0;>77F ;7@7/23230>7;-F= /C7590/-F382-;3D->0/-87;;7C-/B-2-10>3/729-? /;- 3597/C752345& 835.7/@=3230 >7; ;78 >7; ;08 9J/? 3508 >7;- 7: #,$& 8375>0 20? ;2059/0;.0897/30/.0/.-/97>7;-597/C /-; 32A-F= /B297/3597/50:./727.93C0&: ? 001@7906-/-593D-/&7590>02-80:.-/- 2->- -290& 7; 2=?.;3? >7 ;-8 50/? -8 /7;-93C-8 - ;- >3823.;35-./78=.=789-/3-& - ;08./027>3? > /7808&:-;--.; >7;08F05>08.I1; F0/? 3>->205;0801@793C08:? 7> >08&7;7@7/23230>7;-8F= >72059/0; F /0: >7 7F ?./78-8? 7/2-593;78 >7.75> ;? =5323.-;&87-G5976/00? -:0/39-/30&.0>/B7520? 75>-/87--=>390/787E97/508<=7-29=-/B57590>02-80&1-@0;->3/722345>7 3597/C F0/? -&87/76;-? ;./027>3? /-7@7/27/7;2059/0;F /0 <=7789-1;7277;-/932=;0$>7;7E907F=5>3>0>7;-7:76=;->0/->7;-8'-2375>-802-; F72908& >7? -57/- -5B;06- -;./027>3? ;723>0 75 ;- 757/-;3>-> -; : 09/-8 ->? 35389/ I1;32-8&;-87?./78-8? =5323.-; / E2;=83C-0? -:0/39-/3->717/B 2059/-9-/;0887/C32308>7=>390/3-876I5.;3760>7205> /01->0.0/4/6-5020? ; 35F0/? 7>7-=>390/3->717/B/7-;3D-/ /30/3>->-;--./ >7;-82=759-8>7;-80237>->.0/;-=59-757/-; 0897/30/? 7597&;0835F0/? 78&205@=59-? ;-8-; F729=->-8.0/7; 4/6-50-=>39->0&87/B575C3->08-; ;750.-/-8=7E-? 75 32A02059/0;975>/B.0/01@79035F0/? -/-27/2->7;-->72=->-./ >7;-35F0/? F /-&>7;2=?.;3? 37590>7;-850/? -8:>3/729/3278<=787-5>7-.; :>7;6/->0>77F32-23-: 7F ; =2345>7;0801@793C08./7C /C =5323.-; >38.05>/B >7 =5.;-D0 >7 >37D >G-8 AB13; / >78>7 7; 836=37597-;-/ >7;->02=? /3-.-/-;-7? 38345>735F0/? 78&8-;C0;088=.= E ;78>7>72;-/-2345>7=/67523-&752=: >38.05>/B>7>G /30/ > >7/87/7F7/3>0-;- F72A- >7 27;71/-2345 >7;- 20? F0/? -93C- 20//78.05> /--<=7;;08-8=5908<=7A-:-5>787/80? 793>08--./ ;75-/ /-/30&5087/ ;3D--;-3597/C =5323.-;>7-<=7;;08-8=5908<=750 A-:-5 83>0 35F0/? ->08 ->72=->-? 7597& 87-.0/./78759-/87 F=7/- >7.;-D0&.0/ 2-/727/ >7 >02=? =F &0.0/-? 108? 093C08-8> B/7-8&>7.75> /C32308>717/B520;-10/-/205;-3597/C752345? =5323.-;.-/- 7;? 7@0/ 2=?.;3? >7 8=8 F= &:& >0& F-23;39-/;7 90>-;- 35F0/? -2345: >02=? <=780;32397&-;-? -:0/1/7C7>->.0831;7&:&7590>02-80&75=5.;-D0508=.7/30/->37D >G-8 "-3597/C /-;>7;:=59-? 37590>7=/@-8809&757;7@7/23230>78=8F= >7
41 2059/0; 3597/50&.0>/B/72-1-/ 2= > >7/ /308& 7F729=-/ 7; 7E-?75: 20?./ >7;31/08&2=759-8&>02=?75908<=720583>7/7./723808&C7/3F32-/-/<=708:/72=75908&: 80;3239-/-<=37520//78.05>-;0835F0/?789J253208:-8780/-?375908<=77893? /308 # 3;- 3597/C752345?=5323.-;& 75 8= 80;3239=> >7 35F0/? >02=? /-8 >7.75> /C32308>7;:=59-?37590&789-1;7237/-=5.;-D0?BE3?0>7759/76-&:J89750.=>37/- 2=?.;3/87&87@=893F32-/B;-3?.08313;3>->&:837E38937/->382/ ;-3597/C752345?=5323.-;&>723>3/B 801/77;.;-D0.-/-;-759/76-&;-;2-;>G- /783>7523- $3;-3597/C >7/-<=77;7E.7> @790>7F382-;3D @=89--;-;76-;3>->&.0>/BA-27/20589-/8=205F0/?3>->?7>3-597>3; F3/?->-& >->>7?093C-/;- 0/;-597/C752345?=5323.-;87;;7C-/B=5/76389/0>7/780;=230578>7;2-;>G-&2=7/>08>7 =59->7 0137/5002-;:-2=7/>08>7; ;750>7;-0/.0/-2345&2059/-/308-;08/7.-/087F729=->08.0/ ;-?38? F0/?3>-> 205 7;-/9G2=;0 >7; ' M: 7:,$$& 757/-; /78=.=789-/3-& >7 -.; =.;790/3-N&2=-5>07;4/ /C7590/?-53F789-/-8=>38205F0/?3>->2057;F05>00;- F0/?->7; &>02=? E.7> E-?35->08F0/?=;-/B8=8/7.-/08.0/782/ >7;- ->0.2345>7;-2=7/>00780;= ;/7.-/0-F729--;/ ?375900;3<=3>-2345>7>7/72A08&-F-C0/>7;:=59-?37590; F0/?-;3D-/B75509->7/7.-/0&<= I52-80&8=8.75>7/B;-9/-? >7;7E.7> ;35205C F729--;-> > &/ ?37590>7;-01; /> >7.-608&878=8.75>7/B;-9/-? >7;7E.7>37597A-89-<=7-<=7;87-/78=7;90&75;08836= H -N ( = ;-358=F >72/J>3900<=77;./0.= ;->72=->0 1N =-5>050A= >0F382-;3D->08; <=7C-5->-/0/3675-;-84/>7578> N 57;2-80>70? ;7E.7>37597>7/7<= /B? ;78&02=-5>07893?7<=7 ; =-2345 >7 ; >?35389/-93C-.=7>7 2-=8-/ <=71/ ?3208 -; :=59-? =597/27/0 >N =-5>0 7; 35205C >7/3C75 20?./ ?-97/3-;78 >7 01/-8& 8=?35389/08 -><= :87/C N =-5>07; / =54/6-50<=72-/7D2->720? /-8=-./ FN =-5>087-./723756/-C783//76=;-/3>->7875;->02=? @=893F32-93C->7;/ ?37590 >7;-01; >7; /7>3978=F ?75977;>7/72A0>78=./727.90/ =-5>07;4/6-50-<=7-F729-7;35205C J>7-2=7/>02057;?38?020//78.05>7/B /780;C7/;->382/ &8375>08=/780;=23457@72=93C-H -N ; ;750&2=-5>07;35205C ;-358=F >72/J> >72=-2345>7;-.-/93>-& 087/7F37/ <=787-5>78=20? N ;;2-;>7&75;08/ F-2=;9->5078>7;76-1; I52-80 ; 7.-/9-?7590>7597/C >/BF382-;3D-/F-C0/-1;7?7597& &;08>7F72908<=7 0187/C7757;7E.7>37597&837?./7<=720583>7/7<=7;08/7<= /B? =?.;3> ;78
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
45 # >7 9/78?7878 >78>7 8= ;/76389/0 >7 3597/C752345: A-:- 9/-?39->0;08 0/6B532-;--=87523->79/-? >7;08?38? >08>79/-? /7C308-;/ ?37590>7;-01; /B5;08836=375978H '''1 7/B 9/3?789/-;& >-5>0 2=759- -; ;750& >7 ;- F0/?- 7E.= /30/?7597& : 20583>7/-5>035AB13;7590>02-807;?78> /-27;71/-/ ;75-/3- #* '+#3'+#! >7;I;93?0>G->7;?78836=37597-;-F35-;3D-2345>72->-9/3?789/75-9=/-;>7;-P0&;-597/C =5323.-;/7?393/B-; ;750>7;-0/.0/-2345&.0/205>=290>7;- /783>7523-&89->0>7@72=2345>7; /78=.=7890&205;-35F0/?-2345./78=.=789-/3-&:-<=7;;-<=720?.;7?759-/3-?7597.7/?39-/7;-2305-/ 7;8-;>0/78=;9-597>7;08356/7808:6-8908>7; /78=.= ; >-> >->>7F & 2-;2=;->-205F0/?7-;-850/?-8>7;3897?-=/0.70>7= ;78:76305-;78M#N:205 ;--29=-;3D-2345>7;0835F0/?78>7;2=?.;3?37590>7;01@793C0> ;3>->&>7;-/76;->76-890:>7; ;G?397>7;->7=>-75;089J/?3508./7C ;-/>75',$,$&>7>7029=1/7&.0/;-<=787 >78-//0;;-5;-801; >78=?35389/0>735F0/?-2345./7C ; ;-76;-:836=375978>7;-589/=22345>7;?0>7;050/?-;> ;3>-> -./01->-.0/;-/>75',",$&>7$> ?1/7&;-597/C752345=4/6-50>7;-7593>->;02-; <= /31=3>-;-F=52345> ;3>->7;-10/-/B;-35F0/?-2345>7;-7@72=2345>7./78=.=78908: >7;?0C3?37590:839=-2345>7;-9780/7/G-&<=7>717/B/7?393/-; ;750>7;-0/.0/-2345&.0/205>=290 >7;- /783>7523-&2=-5>08780?79-5;-8=759-85=-;78>7;7@7/23230-;--./ >7; ;750>7;- 0/.0/ ;08.;-D ;723>08757;,$$&>7>7?-/D0&.0/7;<=787-./=71-;-7: 76=;->0/->7;-8'-2375>-802-;7883?38?087>-/B2=759--; ;750>7;--./ >7;-;3<=3>-2345 >7; /78=.=7890>7;7@7/23230&757; ;750836=37597-;-->0.2345>7;-2=7/>0 ; ;750?7> =7/>0.0>/B-./01-/;-.7/30>323>-> > >375>0-; >->78>735F0/?-2345>7;?0?7590 ;4/ /C7590/>-/B2=759--; ;750&7535F0/?787.-/->0.7/0757;?38?0 ;750>7 -./ >7;-= /-;>7;7@7/23230&>790>-8;-8/780;= >0.9->-8.0/7; /783>7597>7 ;-593>->02-;2059/-/3-8-;08/7.-/087F729=->08&-8G20?0=5/78=?75>7;-8./3523.-;78-50?-;G-8 >79729->-875?-97/3->7356/7808
46 ! " " " " : F -8> ;76-;78:/76;-? 759-/3-8&758=F-87>77;-10/-2345:-./ &; >? 35389/-93C08&;082059/-908:205C75308>720;-10/-2345&-8G20? 02=-;<=37/09/--29=-2345<=787 /7-;327757;:=59-? 37590>7=/@ =-;<=37/->78=87593>->78>7.75> >7/->-8 >? 35389/-2345 I1;32-& 75 9J/? 3508 > ;3>-> ;& <=7-F72975-; /7808.I1;3208./ F=9=/08& >717/B / =5- C-;0/-2345 >7 8=8/7.7/2=830578: 7F72908&: 8=.7>39-/87 >7 F0/? - 789/329--; 2=?.;3? >7;-8 7E >7;08./ > ;3>->./78=.=789-/3-: ;3>->F / E.7> /.0/-/B=5-? 7? 0/ ? 32-75;-<=787>79-;;-/B5; ;78 /7.7/2= /78=.=789-/3-857;2-80> >735C7/8345>75=7C ; >7.= F=52305-? 37590>7;-8:-7E /01/-8>7/7A-13; ? 3;-/&87>79-;;-/B5&->7? B8&; >7.7/805-;: // /308.-/-7;1=75F=52305-? 37590>7;-3589-;-2345 G%; ; " " >G%G%; -/7? 38345>7;-35F0/? ? 320F /-20//78.05> >08;088=@7908:7593>->78 >7.75>375978>7;:=59-? 37590>7=/@ /7-;3D-/B-9/-CJ8>7;-597/C /-;&.-/-;02=-; ;08/ ;78>7;08>-908-/7? 393/>717/B5./7C3-? 7597F-23;39B/87;08>713>-? /7>39->0875 8= /C /-;&757;? -/20>7;2=?.;3? 37590>7;-801; >735F0/? ;=3>-875 ;-/>75',$,$>7/7F7/7523-&7F729=-/B2052-/B297/9/3? 789/-;:/ >7;./78=.= C360/&-9/-CJ8>7;08F0/? =;-/308A-13;39->0875;- F3235-3/9=-;.-/-;-00/> /-205;-8 593>->78 02-;78 >7; /30 >7'-2375>-: >? 35389/ I1;32-8& 7; 876=3? >7; ;3>->./78=.=789-/3-&>7;-/76;->76-890:>7;;G? 397>7>7=>-/ ;-7@72=23459/3? 789/-;& >72=:0/78=;9->07;-10/-/B7;.7/ /78=? 75>7;<=787>-/B2=759--; ;75075; = ;-9/-58? ; /30>7;08239->08876=3? =-5>0;-F-;9->72=?.;3? 37590>7;./ /9G2=;0&>7/3C775=5352=?.;3? 37590>7;-801; >7/7? 38345>735F0/? -2345/72063>-75;- :75;-/>75',$,$&>7>7029=1/7& ;0/7F7/3>0-;08.;-D ;723>0820? 0-;20// >073>0573>->>7;08>-908/7<=7/3>080 7;? 0>0>775CG0&:>J;=6-/-=5/7<=7/3? 37590>72=?.;3? /7; /30>7'-2375>-: >? 35389/ I1;32-8&877E363/B;-/ ;3>->.7/805-;<=720//78.05>- # F -597/C /-;2-;2=;-/B2052-/B297/9/3? 789/-;&-.-/93/>7;-35F0/? -2345/7? 393>-.0/; >->78 >7.75> <=7 205F0/? 75 7; 8=187290/ ->? 35389/ I1; J/? 3508 > ;3>-> ;:&>7;08>-908>7; ;3>->&.-/-7;2-80>7;:=59-? 37590:/6-538? 0 =9450? 0&;08836=375978/-9308/76=;->08757;,$&>7>7@=;30&.0/7;<=787>78-//0;;-;-
47 ?790>0;06G->72B;2=;0>7;.7/G0>0?7>30> /0C77>0/78>7;-8->?35389/ I1;32-8H.7/G0>0?7>30>7.-60>72->-7593>-> -930>7;-80.7/ >-8>72->-7593>-> -930>70.7/ >375978>7.-60>72->-7593>->?.0/97909-;>7.-608/7-;3D->08:.75> F0/? /B/7?393>-97;7?B932-?7597.0/;-597/C /-;&2052-/B297/9/3?789/-;&-; /30>7'-2375>-:>?35389/ I1;32-8&-9/-CJ8>7;--.; >72-.9=/-7E ;- F3235-3/9=-;>700/> /-205;-8593>->7802-;785978>7;>G-$>7;I;93?0?78>7 2->- 9/3?789/7& 87 F-23;39-/B5;08/ ?.0/978 9/3?789/-;78-;- X 71?=5323.-;&.-/- 8= >713>-.=1; $ 08 /78=.=78908:;- = /-; >7; :=59-? /-/B5 35F0/? /7 90>-8 8=8 7593>->78 >7.75> ?./75>3> ; B?1390 >7-.; >7; /.0/-/B5-; 7E.7>37597>7;-= /-;&=5-C7D>329-?35->-.0/;-0? ;>7=759-8&;0835F0/?78 >7-=>390/G->72=?.;3?37590>7; >->78?7/2-593;78>7.75>375978&.-/-8=7;7C-2345-; ;750 % - F3235-3/9=-;.-/-;-00/> /-205;-8593>->7802-;78&>7.75>37597>7; /30 >72050?G-:'-2375>-&A-A-13;39->0;--.; //78.05> /-;-3582/ ;76389/0 ;729/45320>705C /70?=53>->78=9450?-8:593>->7802-;78M N&./7C ; -/9 : R >7; 7-; 72/7907:,$& >7 >7 >3237?1/7& >7?7>3>-8 > ;3>-> F /->7;-80?=53>->78=9450?-8:593>->7802-;78:09/-8>72-/B297/72054? ?7>3>-8>78-//0;;-5;-./7C ;723>-75;-?0>3F >7;-/9138>7;-7:,#"&>7-878>7J63?7502-;&758=5=7C-/7>-22345>->-.0/;-7:,$&750/>75-;-352;=8345>7 2;B=8=;-8 >7 6-/-59G- 75 7; 2=?.;3?37590 >7 ;08 20?./0?3808 F /08 >7 ;-8 0?=53>->78 =9450?-8205;-8593>->7802-;78 ;,$87P-;->3/729-?759720?001; >7;597/C7590/;--.0/9-2345>7;97E90>7;205C7530 :80;3239=>>7;-3582/3.2345&75;-20//78.05> >77;729/4532-&757;.;-D0>7>G-8>78>77;A72A0 3582/3131;7 0/09/0;->0&757;.;-D0>7?7878>78>7;-759/->-75C360/>7;-? >-50/?-&7; 597/C7590/>71780;3239-/;-3582/3.2345>7;08205C ?-97/3-> ;5-? &7; 352=?.;3?37590> ; =.057;-/780;=2345-=90?B932->7;205C7530&:;-801; >375978>7.-60>7/3C->-8>7;?38?050.0>/B587/8-938F72A-82057;?72-538?0>7/ /7C389075;08-/98&:836= >-;-759/->-75C360/>7789-8> &<=78=.05755=7C--8=52345>7F= /-;-8 597/C ?=5323.-;78&.0/;084/ /7820? >717/B/7?393/8790>-;-35F0/? /3-/7;-93C--;08 205C75308 C / :=59-?37590:;- 757/-;39-9 -; & 7 35F0/?-/ /B297/ 35?7> /2- >7;08 5=7C08 205C75308 <=7.=7>-5 8=82/313/87 205;- 0?=53>->=9450?->78>7;-759/->-75C360/>7;7-; 72/7907:,$&>7>7>3237?1/7
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
50 >7; :87/C32308<=7;08? 38? 08/7./ :5075F=52345>7;-20//37597? 0579-/3-0 F /->7/3C->->7;08? 38? ; >7;./ >73?.0/9-523-/7;-93C-.0>/B550/76389/-/87; / >082=-5>087-5>7.7<=7P-2=-59G-020//78.05>-5-./ >79/-2908=2783C073?.0/97-5=-;83? 37590>701; //78.05> /7-;3D-> :87/C F7293C-? 7597/72313>08757;? 38? 0&87/76389/-/B&-;? 7508->7>3237? 1/7&=5-2/77>0/-9/-CJ8>7;- 2=759- K-2/77>0/78.0/ 0.7/ > >7-.;32-/-./78=.=7890L& <=7 <=7>-/B 8-;>->- 2=-5>087/76389/7;-3?.= /78=.=789-/3->7;-0.7/ ;-83F ?.0/-;>7>J13908:2/J>3908H7./027>7/B-;-/72;-83F ;775/I1/ /90.;-D0>7-<=7;;08>J13908:2/J>3908/76389/->0875/I1/32-8-;-/60.;-D0&.0/;-.-/97>7;08? 38? 08<=7 " > " 7>717535C759-/3-/; :>7/72A08<=735976/-57;.-9/3? 0530>7;:=59-? 37590&205 7E >7; F=5631;78:>7;08<=7/76;-? 759-/3-? >797/? F0/? -/87=57E.7> /->0<=7/7F/75>790>08;08>-908>7;5C759-/30M82/39=/-8& 2=7/>08>7.;750& ?.;78&27/93F >701/-&-29=/->720?./-&/780;=230578&792N 05 2-/B297/ 6757/-;& >7-2=7/>0 205;08 / ;78 I1;3208 >7;- 589/=22345> ;3>->.-/-;->? 35389/ ;.0>/B57E2;=3/87>7;35? 0C3;3D->0? -97/3-;-<=7;; ? =71;782=:0./7230=539-/3073?.0/9-523-/7;-93C-&>759/0>7;-? /3? ;! &/6-538? 0=9450? 0:?./78- =5323.-;35C759-/3-/-5 -<=7;; =: >7-><= =.7/7;08 $$$&$$ U& & 87.0>/B5 35C759-/3-/137578>7? /78=.=7890 =5323.-; >7/-? -97/3-;35C759-/3-1;7-<=7;<=750788= ;7>7=5/B.3>0>797/30/0.0/8= =80&F0/? -5>0.-/97>7;5C759-/30>7;:=59-? 37590
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
53 H55356I / /B53597/7878>7>7?0/-&8-;C0<=7./027>-5>7;-7:&>7;.;3760 >7205> & ;7D2-5.0/782/39=/-.I1;32-0.0/ ;7?57>7;-0/.0/-2345 > ; 14;087->?393/B520?0@=893F CB;3>08>76-890;-8F-29=/-8&932V7980C-;785=?7/->08& /723100F ?.=;8->-8<= >08;08/7<= P-;->0875;-50/?-93C-C367597: ; 75 7; 76;-?7590 >7; & 7E >->78 <=7 50 7? I >7 20?./01-597>76-890&9-;8=27>775-<=7;;-8<=70/6-53D-5056/7808&3?.08308&=/808&52=759/08& &20?0752=-;<=37/09/0& /30-2/7>39-/>713>-?75977;6-890/7-;3D->0.=>375>0 A-27/87-9/-CJ8>7;-8836=375978CG-8.0/0/>75>73?.0/9-523-H ?393>0.0/;-593>->/6-53D->0/ ;7&757;2=-;8735>3<=77;3?.0/97>7;-?-9/G2=;-&-20?.-P->0>7;-/>75>79/-58F7/ //78.05> &.787-8=/7<=7/3?37590&50877?397/ /9-/B>02=? ;<= ; 3?.0/97>7;-?-9/G2=;-&7/93F32->0> ;056/780:/>75>79/-58F7/ =50>7;08>02=? /30/7887.=7>7-.0/9-/&87./78759-/B=5-7/93F >7; ;7>7;--@- -6->0/-75;-2=-;87/ ;327>7;-/7-;3D-2345>7>32A06-890:<=7>717/G- 87/-27.9->-.0/7;7290/0327//7290/75<=375>7;76=7 )H 0//-D0578>70/6-53D /5->7789->?35389/-2345&50/78=; @-1;7;-352;= ;08.;37608>7;83897?->7/ ;./723075; =2345>76-/-59G /-908>701/-8& 87/C32308:8=?35389/08&876I5;0./7C ;-/9# 6.+%4%$+ *F C?(B +* 5 +* *)%*.0 *B +* F # *. *!+*+ * F " %!)*!$%!#%I$%&!7 > )H087F72908>72;-/->0835I93;780/783>=08.0>/B587/75-@75->08>3/729-? =@ =1-89-2=-5>0-8G;0-2=7/>7;-0?38345>7 0137/50:507E27>->7$$U G > )H >7;-.;-D-?375900F/ ?37590>7=5->7=>-9/31=9-/3-& /30>0 C0;=59-/3020?0757@72=93C-&87/B20? >7;;2-;>7Q /783>75970>7;0527@-; 7;76->0>7 '-2375>-&-8G20?07;-2=7/>0>7;-> >7;-./ >7;-6-/-59G-/72063>-757;76;-? /-;>772-=>-2345 <)176I5;0>38.= ;-/9$138&359/0>=23>0.0/;-,$&;-80/.0/ ;78 >7175-./01-/-5=-;?7597;-?-8-8-;-/3-; >7;.7/805-;;-10/-; >7; 87290/.I1;320;02-; / >0;08;G?3978:;-8205> <= ;7D /B297/1B832075;-20//78.05>375977: >7 /78=.= /-;78>7;89->0&352;=:75>0;->7;-./ >->;02-;&0/6-538?08&7593>->78.I1;32-8 7?./78-/3-;78: >7?B I1;3208: 80237>->78?7/2-593;78;02-;78 -?-8-8-;-/3-; -./01->-87/B.=1;32->-75;-87>77;729/4532->7;-0/.0/-2345:757; 757;.;-D0>7$>G-8 H) F0/?3>->205;0789-1;723>0757;-/997/&359/0>=23>0.0/;-,$& 90>-8;-87593>->78;02-;782-;2=;-/B5-5978>7;>G->750C37?1/7>72->--P07;208977F7293C0>7;08 87/C32308<=7./789-5&.-/9375>0>7;08> >0875;-;3<=3>-2345>7;./78=.= /-;:&75 8=2-80&>7;-82= =-;78-./01->-8>7;-87593>->78C352=;->-80>7.75>375978&20//78.05> ;7@7/ ?7> /30/
54 1 -/-;0 50./7C &-8G 20?0.-/--<=7;; ;08 <=7 50 7E />-523-&87789-/B-;0>38.= /B297/6757/-;.0/;-C ; ;&.0/;-7: 757/-; /78=.=789-/3-&7: 757/-;/31=9-/3-:>7?B850/?-8>7;89->0<= ;32-1;78&-8G20?0- ;0<=7/78=7;C-;-0/.0/-2345&./7C3035F0/?7>7;597/C7590/ > ; 10>38.=789075;-8-597/30/ /B>7-.; ;59702-;20?0-8=/6-538?0 =9450?0& 75975>375>0 <=7;-8 20? /31=3>-8-;08 4/6-508 >7;- 593>-> >75-9/31=3>-8-;08<=78720//78.05>-5>7;/6-538?0=9450?0 )1; /783>7597>7;-0/.0/-2345&-8G20?0>78=/6-538?0=9450?0&876I5./027>-&787; 4/ ? /-;- 3597/./ >7;-8./ &./7C30 35F0/?7 >7;- 72/79-/G /C752345&876I58=8/ C-820? > )1;;2-;>7, /783>7597>7;-0/.0/ >/B>7;76-/8=820? ;0527@-;>7B/7-20//78.05> ;-=59->7 0137/5002-;75;-593>->02-;:757;327./783> ; & 83J5>0;78>7-.; ;0/76=;-> G > ) >->78?7/2-593;78&20580/2308&0/6-538?08-=9450?08:09/ >7/->0820?0 >7.75> >7; :=59-?37590 >7 =/@ J/? ;3>-> ;& >717/B5/7?393/-; 7.-/9-?7590>7597/C752345;-35F0/? /3--;01@790>7/7-;3D-/7;876=3?37590:2059/0;>78= -29= ?320F /-&-8G20?0.-/->-/2=?.;3?37590-;08/7<=7/3?375908>735F0/?-2345<=7 ;- 50/?-93C ;7D2-&: ;-;0./7C ;-,$& >7 >7-1/3;& > ;3>->./78=.=789-/3-: ;3>->F /- <)17205F0/?3>->205;0>38.= ;-/9&758=5=7C-/7>-22345>->-.0/;-7:,$& >7/-2305-;3D-2345: ;3>->>7;->?35389/ ;&;-87593>->78;02-;7884;0.0>/B57@7/27/ 20? > >7;-8./0.3-8:>7;-8-9/31=3>-8.0/>7; =-5> /37860; ;3>->F /->7;205@=590>7;-'-2375>-?=5323.-;&>7-2=7/>0205;08/7<=7/3?375908>7;- ;7638;-2345> ;3>->./78=.=789-/3-: ;3>->F /-: =//-75=58=.=7890>7 7@72=234583?=;9B57->7;?38?087/C3230.I1; /->?35389/-2345 I1; F72908&87/B /308:C352=;-5978;0835F0/?78./7C308>7;->?35389/ ? //-D45>7;-?-97/3-&75 7; <= P-;7;- 357E >7 >=.;323>->78&: >7;- >?35389/-2345 <= /31=3>-;- 9=97;- F /-801/7; ;3>->F /->7;-85=7C-820? I 1;-759/->-75C360/>7;-8./ & >7/B5>7/06->-82= /?-83597/ ;0757;; ;723>0 5=/@-8809&-">750C37?1/7>7$ & -F-7;-/2G--/2G- R R0;0/78 3/-;;;783248
55 ! ; 4&. 4/+43* 470(.&30A* G%; 54 54,*A048<+4; )*+ 4. H-4 (4 &)+-4<& 4. 34I3* +4B-,505* 54.& 4J 54 *,3+&3*( 54. 4/3*+ =<.0/* ; )) >7 /0.=789->7 059/ / 0527@-;>7B/7- $$$$&$$U / >7; 2059/-90: ->@=> /-90? 750/ 0527@-;>7' >-./ >7 7/93F /-90? 750/ 0527@-;>7' >- -8>7$$$$&$U :A-89-7;$W >7;08 /72=/8080/>35-/308>7;./78=.=7890 /0.=789-> / >7;.;3760>72;B=8=;-8 >@=> >7; 059/-90./ >7 7/93F /027>3? >00-137/90 75F=52345>7;- 2=-59G- /027>3? >00137/90 75F=52345>7;- 2=-59G- /027>3? >00137/90 75F=52345>7;- 2=-59G- /027>3? >00137/90 75F=52345>7;- 2=-59G- 0527@-;>7B/7- =59->7 0137/50 =59->7 0137/50 =59->7 0137/50
56 H 7508>7"$$$U& 2059/-90? 750/ /0.=789-> / / F-29=/- 059/ / >- B8>7"$$$&$U: A-89-7;$W >7;08 /72=/8080/>35-/308>7;./78=.=7890 /0.=789-> /027>3? >00137/90 75F=52345>7;- 2=-59G- /027>3? >00137/90 75F=52345>7;- 2=-59G- =59-> /-90 /027>3? >00137/90 75F=52345>7;- 2=-59G- =59->7 01./ >7-29=/- /027>3? >00137/90 75F=52345>7;- 2=-59G- >-
57 09-8H # '' '#!,#(75-.; >7;-/9G2=;0">7;*# *$ *) *-%#)%2 (C?B +* +*!2%*. 0 *B *# D"* * "*0 *# )*E) *4"!+%+ +* # *F +*!) ) +*# *$) 10#%$ 1N-7@72=2345> ? 7> /-90? 750//78.79-/B7590>02-80;08;G? 3978? BE3? 08& 2= C08:2=-;39-93C08&789-1;723>0875;-;7638;-2345C367597( =7>-./0A313>090>0F/ ? >7;6-890<= /01@7907;=>3/;089/B? 3978:2=-59G-8<=7/3675;08./027>3? >7; ;723>0875;-;7638;-2345>7-.; N082059/-908>720;-10/ /77;87290/.I1;320:7;87290/./3C->0&-<=787/7F37/77; -/9G2=;087->@=>32-/B5.0/7;./027>3? ;723>0757;-/9G2=;0#:836=375978>7; *# *$ *) *-%#)%2 (C?B +* +*!2%*. 0 *B *# D"* * "*0 *# )*E) *4"!+%+ +* # *F +*!) ) +*# *$) 10#%$B 835.7/@=3230 >7 <=7.=7>- 876=3/87 7;./027>3? >0 205.=1;323>->757;2-80./7C ;-/9G2=;0$-N >N &8320? =7523->7-2=7/>080/6-53D-93C08>7/3C->08>7;-5=7C =93C- 87 -;97/-/- ;- >389/31=2345 >7 20? ? -97/ ? 32-& >7/B -=90? B932-? 7597? 0>3F32-> E0 7N 7205F0/? 3>->2057;-/9">7;-7:#,$&>7#>7>3237? 1/7&>79/-58.-/7523-& ;- 35F0/? -2345: 1= /50& >717/B A-27/87.I1;32-;- 836= F0/? >7;08 836= /7.7/2= ? 32-0./78=.=789-/3-H o + # $!) )B $! %!+%$$%&! +*# 0*)B +" $%&!B *# %. )* +* #%$%)$%&! F +* +"+%$$%&!B *# $*+%. %*!) ")%#%I+ " $*#*0 $%&!B # %!) ". *!) ) 2, +* # D"*B *! " $B * J "0#%$%)+B *#!1. * +* #%$%)+ * )%$%!)* *! *# $*+%. %*!) F # %+*!)%++ +*# +"+%$) %B H $. #. +%4%$$%!* +*# $!) ) -"#. *!)* * /! 0*) +* "0#%$$%&! # +*$%%!* +* +*%)%. %*!) F *!"!$% +* # $!) ) "0#%$$%&! +* # %!4. $%&! *#)%2 # $!) ). *! * + / *#%I * ) %. *) #. *!)* o *#$%&! +* # $!2*!% "$ %)B $!. *!$%&! +* # )* 4%.!)*B " 0*)B #I +* +" $%&!B. +%4%$$%!* *#%I+B 0#%-+ # *#%I$%&! +* # *)$%!* FB *! " $B # 0#%-$%!* *$!&. %$ $!2*!%+ -"#. *!)*B * "0#%$ /! # *!$. %*!+ +* -*)%&! D"* * 4%. *!B $! %!+%$$%&! +* " 0*)B *""*)B +" $%&!B 0#%-$%!* *$!&. %$ F # "0$!) )$%!* D"* * *#%$*! $!. *!$%&! +* # +"+%$) %B $*+%. %*!) *-"%+ # +"+%$$%&! * %. )* +* #. %. o "02*!$%!* F F"+ 10#%$ $!$*+%+ $! %!+%$$%&! +* " %. )*B 0*)%2 4%!#%++ F 0*!*4%$% % o *""*)B $! +*$ %$%&! +* # %!$%#* )%+ *""*) % * %!4. $%&! $)"#%I+ F $. *!%0#* 0 * " *)+ +* **$"$%&! F 0 * *# $". #%. %*!) +* # 0*)%2 +* *)0%#%++ *""*) % F )*!%0%#%++ 4%!!$%* +* # +. %!%) $%!* 10#%$ o $"*!)!"#* D"* +*0! *!+% * F # %!4. * +* "+%) H +* $"*!) F +* 4%$#%I$%&! )* +* # & -! +* $!) # *E)*! D"* 0 * *## * *. %)!
58 o *) %0"$%!* * $%0%+!"#. *!)* # #) $ - F. /E%. *!0#* +* # *!)%++* %!$#"%+ *! *# /. 0%) +* # #%$$%&! +* *)* )H)"# -"#. *!)*B * J /! 10#%$ # %!+*.!%I$%!* * $%0%+B *! " $B $! $%&! +*# 0!+! +*# $ - o # *#"$%!* +* ") %I$%&! *$!$%. %*!) +* $. )%0%#%++ D"* 4*$)*! # *. #*+ 10#%$ H $. # D"* ") %$*! *# ** $%$% +* $)%2%++ %2+ # $** +* # #) $ - +* # +. %!%) $%&! -*!* # +*# *)+ %. %#+ *-1! #!. )%2 ")!&. %$ #$# o +*$# $%!*!"#* +* 0%*!* F $)%2%++* +* # * **!)!)* #$#*B *! # ),. %! *2%) *! # *F 5C:8AB +* +* 0 %#B *-"#+ +* # * +*#,-%. *! $# "!+ *# *-#. *!)! 4%* # ),. %! *! D"* J! +* J$* * 10#%$ *) +*$# $%!* * #%$ / # +%"*) *! #!. )%2 +* $!4#%$) +* %!)* ** *! *# /. 0%) +* # +. %!%) $%&! *!* # +*# )+! )+ $B *. %)% /! # +) *#)%2 # #$#%I$%&! $!$ *) +* # 0%*!* %!. "*0#* F * -!)%I / # %2$%++ F *-" %++ +* " )%)"# * o %!4. $%&! *)+H)%$!*$* % 2# *# - + +* $". #%. %*!) F $#%++ +* # * 2%$% 10#%$ D"* *! +* " $. *)*!$%B *! # ),. %! D"* +*4%! $+ +. %!%) $%&! $. *)*!)* FN 08./027>3? >7 2059/ > :=59-? 37590& A-13J5>087.= F=52305-? 37590;-.;-9-F0/? - >7; ;729/4532- & >717/B5->-.9-/87-;./09020;0 >7-29= /-;-9/-? >7;082059/-908-./01->0.0/;-=59->7 0137/5002-; 5=/@-8809&->7>3237? 1/7>7$ OO R 0;0/78 3/-;; F-7;-/2G--/2G-
Certidão Permanente. Código de acesso: PA DESCRIÇÕES - AVERBAMENTOS - ANOTAÇÕES
Certidão Permanente Código de acesso: PA-180-99919-08080-0093 URBANO DENOMINAÇÃO: LOTE N2 DO SECTOR 1A - "AL-CHARB - EDIFICIO Y1" SITUADO EM: Vilamoura ÁREA TOTAL: 192 M2 ÁREA COBERTA: 298 M2 ÁREA DESCOBERTA:
Câmara dos Deputados Praça 3 Poderes Consultoria Legislativa Anexo III - Térreo Brasília - DF
Henrique Leonardo Medeiros Consultor Legislativo da Área II Direito Civil e Processual Civil, Direito Penal e Processual Penal, de Família, do Autor, de Sucessões, Internacional Privado Câmara dos Deputados
Siemens AG 2009 SIRIUS SENTRON SIVACON. Catálogo LV 90 2009. Baixa Tensão Corte, protecção e comando. Answers for industry.
SIRIUS SENTRON SIVACON Catálogo LV 90 2009 Baixa Tensão Corte, protecção e comando Answers for industry. Interruptores de corte em carga, sistemas de barramentos SENTRON 8US Introdução Tipo 3NP 1 3K 3NJ4
AVES DESCLASSIFICADAS CANÁRIOS DE COR
CC001 852 Q FOB BB 0044 2107 06 0029 MANCHA(S) AMARELAS NA COR DE FUNDO VERMELHA CC001 6821 Q FOB FK 0289 0018 06 0030 CC001 11673 I FOB KA 0040 0078 06 0900 CC002 2286 Q FOB CE 0004 0230 06 0800 HARMONIA
PROJETOHORTAEMCASA. Manualdo. Apoio. Realização CDHU PREFEITUR A DE SÃO PAULO VERDE E MEIO AMBIENTE. Instituto GEA
M RJETHRTAEMCAA CM LANTAR E CLHER ALIMENT EM CAA 201 A Rzçã Ch Dvv Hb Ub CDHU I GEA é b REFEITUR A DE Ã AUL VERDE E MEI AMBIENTE FhTé Ebçã Tx Agô Jé Lz Ch T Nh Rh Rvã A M Dg Lz Egá j Nh Rh Rq L R Rf Tv
Ministério da Cultura Instituto do Patrimônio Histórico e Artístico Nacional Departamento de Planejamento e Administração Coordenação-Geral de
Ministério da Cultura Instituto do Patrimônio Histórico e Artístico Nacional Departamento de Planejamento e Administração Coordenação-Geral de Tecnologia da Informação!" !" $%& '( ) %) * +, - +./0/1/+10,++$.(2
* +,,- 5%67. 5%5%8 # ! " #$ %& ' %( ) .
http://indicadores.ethos.org.br/relatorioexternodiagnostico.aspx?id=1,2,,4,&ano=2007&questionari... Página 1 de 2 " # & ' "# * +,,-. * ' * //0 /1 2 &* '4/*5 / * / 1& &'56 ' &* 4/ &'*5 * 4 /*1 4' '4' &
Tabela de Vinculação de pagamento Manteve o mesmo nome DDM SIAFI-TABELA-VINCULA-PAGAMENTO
Segue abaixo dados das DDMs que mudaram para o PCASP, tanto as que mudaram de nome como as que mantiveram o mesmo nome. Para estas, os campos que serão excluídos (em 2015) estão em vermelho e os campos
Estudo de Triângulos - Teorema de Menelaus e Relação de Stewart. Teorema de Menelaus. 9 ano E.F. Professores Cleber Assis e Tiago Miranda
Estudo de Triângulos - Teorema de Menelaus e Relação de Stewart Teorema de Menelaus 9 ano E.F. Professores Cleber Assis e Tiago Miranda Estudo de Triângulos - Teorema de Menelaus e Relação de Stewart Teorema
#$ -.,./0*$/1 2 3,*45 $. 6 /768/. $ 2.95,* :;< 6$ $ -.,./0 *$/1 +=. $6 >.=7 2 3.=45.$ $ 1,? " 2= $.9.5!!< 2 #$45 6-= $,? <" 2= $>A 9. $ = = 5.
!"!"#$ %&!$'#(%)"&!'&*)+),#)&!-+.$#)/ %&! #$% $ &' 0123 ()**+,+,*& #$ -.,./0*$/1 2 3,*45 $. 6 /768/. $ 2.95,* :;< 6$ $ -.,./0 *$/1 +=. $6 >.=7 2 3.=45.$ $ 1,? " 2= $.9.5!!< 2 3@ #$45 6-= $,?
Diretor Executivo Márcio Augusto Magalhães. Diretor Departamento de Administração Márcio Wamilton Magalhães. Diretor de Operações Adriano de Magalhães
Diretor Executivo Márcio Augusto Magalhães Diretor Departamento de Administração Márcio Wamilton Magalhães Diretor de Operações Adriano de Magalhães Manual de Abastecimento de Água pág. 2 !"!#$$ %"&'()*%+,%-%+,%./&01
Módulo Elementos Básicos de Geometria Plana - Parte 3. Quadriláteros Inscritíveis e Circunscritíveis. 8 ano E.F.
Módulo Elementos Básicos de Geometria Plana - Parte 3 Quadriláteros Inscritíveis e Circunscritíveis 8 ano E.F. Professores Cleber Assis e Tiago Miranda Elementos Básicos de Geometria Plana - Parte 3 Quadriláteros
INSTITUTO BRASILEIRO DE PESQUISA SOCIAL
! #$ % &' () ) *%"++, -. /. 0 1 2 3 ' %1 5 - % (0 6 7 0 8 9 % 8 ) 0 1 ' 8-9:;1 % 09: . '?/ %
Raquel de Araújo Fábio Borges Gerson Nunes. O algoritmo AES: Apresentação e Descrição da Estrutura p.1/23
O algoritmo AES: Apresentação e Descrição da Estrutura Raquel de Araújo Fábio Borges Gerson Nunes O algoritmo AES: Apresentação e Descrição da Estrutura p.1/23 História do Algoritmo Em 1997, o NIST (National
Sobre a obra: Sobre nós:
Sobre a obra: A presente obra é disponibilizada pela equipe do ebook espírita com o objetivo de oferecer conteúdo para uso parcial em pesquisas e estudos, bem como o simples teste da qualidade da obra,
TEOREMA DE CEVA E MENELAUS. Teorema 1 (Teorema de Ceva). Sejam AD, BE e CF três cevianas do triângulo ABC, conforme a figura abaixo.
TEOREMA DE CEVA E MENELAUS Definição 1. A ceviana de um triângulo é qualquer segmento de reta que une um dos vértices do triângulo a um ponto pertencente à reta suporte do lado oposto a este vértice. Teorema
,-./(, 0 " #1 $, * 2 3 4 =' > + + 24? + <(!< (8 <(<*(" #+ + < ('+ + @'2? # + B B + 7: 5 B#9$ '+ B + ; 5) +? + @ 2.+ - C "#$%&'()(*+'%&,-.!
Página 1 de 30!"#$%&'"!!"( ) * +,-./(, 0 " #1 $, * 2 3 4 #5'+ 6378 9:+ ;%%< =' > + + 24? +
Rita Alexandra Manso Araújo. As relações negociais entre jornalistas e fontes: o caso da Saúde. Universidade do Minho Instituto de Ciências Sociais
Rita Alexandra Manso Araújo As relações negociais entre jornalistas e fontes: o caso da Saúde UMinho 2012 Rita Alexandra Manso Araújo As relações negociais entre jornalistas e fontes: o caso da Saúde Universidade
CILINDROS CILINDROS ISO SQ (PERFIL MK)...02 CILINDROS ISO SI (PADRÃO EUROPA)...03 CILINDROS SC (TIRANTADO)...04 ACESSÓRIOS - CANTONEIRA...
CILINDROS CILINDROS ISO SQ (PERFIL MK)..........................................02 CILINDROS ISO SI (PADRÃO EUROPA).....................................0 CILINDROS SC (TIRANTADO).............................................0
9A5&*86365 A 2A 5&*86"649A5458"
12345675689ABCD6756533ADCE9A56D5EF9A56 5 EAD5EF9A56 86 A C938 6 56C C9AC 4A56 B 54A861C7A5B5 C E9861953A CA9867C6 C3 2A3536 3A453!"6#2C3E$C36BC95A3638 9C65 EA6D5EF9A5 %"6 8 7A&$C367C6'5()598 6C656 A8 5&*867C6
"* + "* + ")"* + ")"* +
* + * + %& '( %& '( )* + )* + ),-./ 0 ( ( ),1.2./ 0 ( ( 0(0*33** 0(7 4 % & % &' % ( ) * & )+ ', + ---. % / -. + +) /0.- 1 2. 0. 3 + (4 % 7 +4 -' & 1 1' *88** 1&0 % ' % 1 9 1 1 1 % (4 (4 +272 4 1 & 9+
ESCOLA SECUNDÁRIA COM 3º CICLO D. DINIS COIMBRA 12º ANO DE ESCOLARIDADE MATEMÁTICA A FICHA DE AVALIAÇÃO 12º A1. Grupo I
ESCOLA SECUNDÁRIA COM º CICLO D. DINIS COIMBRA º ANO DE ESCOLARIDADE MATEMÁTICA A FICHA DE AVALIAÇÃO º A Grupo I As cinco questões deste grupo são de escolha múltipla. Para cada uma delas são indicadas
AB CA AD E AF E A A BDFA F E AD A A E E A AF A
AB CAADE AF E A A BDFA FEADA A EE AAF A A BCBDEA BFEDBDEBA CE DA DC EDC BE DA AC D D CEE C BCC A AB CBA A BCBDEA BFEDBDEBA CE DA DC DAE F D AF D A D F A BB AB CBA C AA C D F A B A A BDEA C C A A A F F
( ) ( ) ( ) ( ) ( ) ( ) Geometria analítica no espaço. Pág. 11. Pág. 6
Geometria analítica no espaço Atividade de diagnóstico Por exemplo: a) EA e FB b) HD e AD c) BF e HG ou AC e HB a) AC AF FC + ( ) ( ) h + h 8 h> h 6 h 6 6 A[ ACF ] A [ ] cm ACF b) V[ ABCF ] V [ ABCF] cm
!"#$%&'!"#$%&' ()*+,-./01!"# 23456!789!:;!"# 6 FGHIJ6K LMNO! K PQ01 RST6UV WX1Y 4! Z#[\]^ _`a$bcn `, 23 c 6!"#6 b /60.!"# KL <=
!"#$%&'!"#$%&' ()*+,-./01!"# 23456!789!:;!"# ?@ABCDE23! 6 FGHIJ6K LMNO! K PQ01 RST6UV WX1Y 4! Z#[\]^ _`a$bcn `, 23 c 6!"#6 b /60.!"# KL ?@A!BC $ DE F %&'GHI JKLMN O " P!QRSTUVWX Y & &# Z[\ 4 TU]^_`aVbc"
Lista de Exercícios de Geometria
Núcleo Básico de Engenharias Geometria - Geometria Analítica Professor Julierme Oliveira Lista de Exercícios de Geometria Primeira Parte: VETORES 1. Sejam os pontos A(0,0), B(1,0), C(0,1), D(-,3), E(4,-5)
Técnico Desporto: Jorge Vicente
Técnico Desporto: Jorge Vicente Évora, 2010 !!" # $ %!! "#$%&''$(&#&)*$+$*,$#+-$ &$''() * $$!+,- $#.+/0$&#+1(&2+'& 3#&)*$(&4$5&*'./ '0*!$ $ 11 2 '6#+67,)+'')%$8&(+,9,)%+' $.8&6)/0$&&'&*5$15).&*6$')'6&.:6)%$(+&#;$#.+*%&
RELÉS 24V CA / CC 24 240V CA/CC 3RR21 41-1AA30 3RR21 41-1AW30 3RR21 42-1AA30 3RR21 42-1AW30
Reles de Monitoramento de Corrente SIRIUS Os reles de monitoramento de corrente supervisionam não apenas os motores ou outras cargas, mas adicionam facilidades para o monitoramento da corrente ideal do
IMPORTAÇÃO DO CADASTRO DE PESSOAS
IMPORTAÇÃO DO CADASTRO DE PESSOAS 1. Objetivo: 1. Esta rotina permite importar para o banco de dados do ibisoft Empresa o cadastro de pessoas gerado por outro aplicativo. 2. O cadastro de pessoas pode
Questões. 2ª Lista de Exercícios (Geometria Analítica e Álgebra Linear) Prof. Helder G. G. de Lima 1
ª Lista de Exercícios (Geometria Analítica e Álgebra Linear) Prof. Helder G. G. de Lima 1 Questões 1. Sejam A, B, C e D vértices de um quadrado. Quantos vetores diferentes entre si podem ser definidos
MINISTÉRIO DA DEFESA EXÉRCITO BRASILEIRO ESCOLHA A ÚNICA ALTERNATIVA CERTA, ASSINALANDO-A COM X NOS PARÊNTESES
MINISTÉRIO DA DEFESA EXÉRCITO BRASILEIRO DECEx DEPA COLÉGIO MILITAR DO RIO DE JANEIRO (Casa de Thomaz Coelho/1889 9º Ano SubSeção de Matemática 1 a PARTE Múltipla Escolha Álgebra e Geometria ESCOLHA A
ENG1200 Mecânica Geral Semestre Lista de Exercícios 4 Treliças simples
ENG1200 Mecânica Geral Semestre 2013.2 Lista de Exercícios 4 Treliças simples Questão 1 Prova P2 2013.1 Considere a treliça plana carregada como ilustra a figura (o apoio em A é um apoio do 2º gênero articulação
PROPl{lED.AI>E l>(j CLUll LITTEl{ARlü
PROP{EDAI>E >(J CLU LITTE{ARü RI>ACÇÃO : JÃ LPE A MARTINH AEL (ARCIA J DE BARCELLO E J ÜLYMPIO I N: 4 SUMMARIO A ABEL GARCIA ; A évirgil VARZ:A; D b ;y8 gfarias BRIT; MMATINHO RDRIGUES ; O qz J L ; 0 VÔVÔ0JIVEIRA
-!"%!%"/$#/"1%+,# *$#/"1% +,#4"*5+-!"# $*/"1% +,#!+$/$*-3/"!+9+3/!*- : 0%;#$*+ <#"./&8*- =!%0#-*.9#("/ &/4"*5+-!"# $*0#!* *5+-!"#$*!/06**5.*!
1 "#$%&'# ()*+,#-$#./ %/0 -"%%"/$#/"1%+,# #.3#-+&'#$#/"1% +,# #*$*-*",++"#$%# *5+-"#$*$*/06* (-*",/&8*- *$#/"1% +,#4"*5+-"# $*/"1% +,# *5+-"#$*/"1% +,# *",++"#$%# #("/ &/ *-9"+&'#$#3"#9*--# ()*+,#
Jogo de Empresa: Gestão de Malha Aérea e busca de Rentabilidade
UNIVERSIDADE ANHEMBI MORUMBI LAUREATE INTERNATIONAL UNIVERSITIES Professor : Volney Aparecido de Gouveia Jogo de Empresa: Gestão de Malha Aérea e busca de Rentabilidade Introdução A atividade desenvolvida
6. S d 2 = 80 ( ) 2 S d 2 = S d 2 = (constante de proporcionalidade) 6.1. Se d = , então d 2 = e S = 20
Matemática.º Ano 41 Praticar + para a prova final páginas 1 a 4 1. 1.1. Número de casos favoráveis: 1 Número de casos possíveis: 5 Logo, P( ser o criminoso ) = 1 5 1.. Número de casos favoráveis: 1 Número
Comandar, proteger, partir e monitorar. siemens.com.br/siriusinnovations
SIRIUS Innovations Comandar, proteger, partir e monitorar. siemens.com.br/siriusinnovations Contator de Potência e Auxiliar SIRIUS Innovations 3RT2/3RH2 Contatores de Potência - 3RT20 Potência máx. cv
ALPHA FIX Conectores catalogo conectores ALPHA FIX.in1 1 catalogo conectores ALPHA FIX.in1 1 4/19/07 5:11:56 PM 4/19/07 5:11:56 PM
ALPHA FIX Conectores FAMÍLIA ALPHA FIX A família de conectores ALPHA FIX permite uma perfeita conexão para cada aplicação, proporcionando flexibilidade, facilidade e rapidez nas montagens. Os conectores
NCE/12/00311 Decisão de apresentação de pronúncia - Novo ciclo de estudos
NCE/12/00311 Decisão de apresentação de pronúncia - Novo ciclo de estudos NCE/12/00311 Decisão de apresentação de pronúncia - Novo ciclo de estudos Decisão de presentação de Pronúncia ao Relatório da Comissão
! " #! $! %! " & ' ( )!! " * + " *, %
! " #! $! % "! &' ( )!! " * + " *, % ! " # $ %!"#$%#&'()%#*&+ *', #%!-").%",')/&%001 #2% '.32"!'.)%#%2'%%4"'&)'#.)* *.'*#' 2)%#&"'&)' *'!&%5'/65*#'& &*#78% 2*5#%#2)'29:* #;!')*
! &" #$& "% '()) '()' 4 )* * +, ' -./ )* 0' ( ' 1% +, 2 ' 3 -./ $ * + *,-. / #. 0! " 1 $ 2 3 # $ $ % & ' 4 " *.! " * 5 5+ * 6 7 # - 7 # ( $ % & '
! " # $ % ! &" #$& "% '()) * + *,-. / #. 0! " 1 $ 2 3 # $ $ % & ' '()' 4 " *.! " * 5 5+ * 6 7 # - 7 # ( $ % & ' 4 )* * +, ' -./ )* 0' ( ' 1% +, 2 ' 3 -./ $ 3 4 SUMÁRIO MATERIAL DE ATUAÇÃO PRÁTICA PARA
NCE/14/00221 Decisão de apresentação de pronúncia - Novo ciclo de estudos
NCE/14/00221 Decisão de apresentação de pronúncia - Novo ciclo de estudos NCE/14/00221 Decisão de apresentação de pronúncia - Novo ciclo de estudos Decisão de Apresentação de Pronúncia ao Relatório da
! " ! % #! $% & % '() *$! +, ) *$-.) +,) */ 0 *$+1).-+,) */2.+%3 4 5 ) ' & -))) 6 *$ 7 5 8*$
xfghdfgh!" # ! " $$! % #! $% & % '() *$! +, ) *$-.) +,) */ 0 *$+1).-+,) */2.+%3 4 5 ) ' & -))) 6 *$ 7 5 8*$ &! '! -! 95,()!! +)- *$ - :! ' ')!0 ') );!4 ' -! ',*$!7 < )) 6 +=!>? @ ) *$!)2 3 ) - :! -), "
! "#" $ %&& ' ( )%*)&&&& "+,)-. )/00*&&& 1+,)-. )/00*&2) (5 (6 7 36 " #89 : /&*&
! "#" %&& ' )%*)&&&& "+,)-. )/00*&&& 1+,)-. )/00*&2) 3 4 5 6 7 36 " #89 : /&*& #" + " ;9" 9 E" " """
SECRETARIA DE ESTADO DA EDUCAÇÃO ESTADO DA BAHIA PROCESSO SELETIVO SIMPLIFICADO EDITAL SEC / SUDEPE Nº 001/2015
D D D DUÇÃ D D BH V FD D UD º 0012015 Á D DUÇÃ D D D BH, bõ g,, úb z f, Fõ f B; f f g,, g D D, b X,. 37, F, f. 252 255 º 6.677 26 b 1994, g D 11.571 03 jh 2009, º 12.209 20 b 2011 g D º 15.805 30 zb 2014
REGULAMENTO DAS PROVAS OFICIAIS FEDERATIVAS
REGULAMENTO DAS PROVAS OFICIAIS FEDERATIVAS ÉPOCA 2013-2014 FEDERAÇÃO PORTUGUESA DE BASQUETEBOL !"#! $%&"% '! % ( )* % +, -- )*!"% % -. /0 1% 2 333-4 /0 1% 2 % -5 )*!"% 6 %%7-8 9 : 9 97 2 % ' )*!"% *9.
Contatores de Potência 3RT10, 3TF6
3RT10 26 3RT10 36 3RT10 65 3TF69 Contatores de otência 3RT10, 3TF6 Motores trifásicos Contator 1) otências s AC-2 / AC-3, 60 z em 220 V 380 V 440 V AC-1 (Dimensões em mm) (cv / kw) (cv / kw) (cv / kw)
Siemens AG 2009 SIRIUS SENTRON SIVACON. Catálogo LV Baixa Tensão Corte, protecção e comando. Answers for industry.
SIRIUS SENTRON SIVACON Catálogo LV 90 2009 Baixa Tensão Corte, protecção e comando Answers for industry. Interruptores de corte em carga, sistemas de barramentos SENTRON 8US Introdução Tipo 3NP 1 3K 3NJ4
DESCRIÇÕES - AVERBAMENTOS - ANOTAÇÕES
URBANO SITUADO EM: Martim Moniz R. da Palma, 37 a 45-A; Trav. do Arco da Graça, 3 a 3-B, 6 e 6-A; Trav. da Palma, nºs 2 a 2-B, Calçada do Jogo da Pela, nºs 1 e 1-A, Trav. " A ", nº 1 a 2-A; Trav. do Colégio,
ba l h e m. sab e r se h a. foy, ti m Soa. s re. e m. h oss. e a. a d. tra
96 R: VS A ( ) () b C O M b q fy q S y q P v C ç z q ff q q 24 V C ç B z q q q q q í q ã f O q M ã b ::; q z R q ã q y b q fz q P R v f F N S P z (P b M 30 q G Sz çõ Pá v v Ab qq ff ã v Cô q f z z A B
HEP-5800 BIOESTATÍSTICA
HEP-5800 BIOESTATÍSTICA UNIDADE III INFERÊNCIA ESTATÍSTICA : AMOSTRAGEM PROBABILÍSTICA, DISTRIBUIÇÃO AMOSTRAL, INTERVALOS DE CONFIANÇA. Nilza Nunes da Silva Regina T. I. Bernal 2 1. AMOSTRAGEM PROBABILISTICA
Manobra e Proteção de Motores. sirius. Métodos de Partida
anobra e Proteção de otores sirius étodos de Partida étodos de partida Índice Páginas Partida direta coordenada com fusível... e Partida direta com reversão coordenada com fúsivel... 5 e 6 Partida estrela-triângulo
MAE116 - Noções de Estatística Grupo A - 1 semestre de 2015
MAE116 - Noções de Estatística Grupo A - 1 semestre de 2015 Gabarito Lista 4 - Probabilidade - CASA Exercício 1. (2 pontos) Para cada um dos experimentos abaixo, descreva o espaço amostral e apresente
$ " ( % . &/0.1 (+ 2 / */ & 4*"53 7==78&9 +! :% 5 333A 3B4 3 >! % :3 (C!4"3 .?*9E=;F;#F=#<<F#"FE 3& &>! 4 3 C43 3%;3#%<=30.!
! " $ " %!' ( % )*!+ %),-+. /0.1 (+ 2 / */ 2-3-2 4*"53 7==789 +! :% 5 333A 3B4 3 >! % :3 (C!4"3
(""!)*+,-+.)!"!%*+/+.+)+0*!%,-/)+/!*)! (1%2(+"/+/2+,-3".!2(+(/+/!/!/2+,-!!"!%44(!%*.!+%(4!)"(/+/! 4+/!("0+5+2/+/!/!(1%2(+"!!2% 6(+
!"# $!&"' (""!)*,-.)!"!*/.)0*!,-/)/!*)! (12("//2,-3".!2((//!/!/2,-!!"!44(!*.!(4!)"(//! 4/!("052//!/!(12("!!2 6( )(!*/)7)8!"")*)9(!:" ;;< ! /(2!6!)=! " # $$ &'()*, $-./0 $10 0- #2334 * &'()2, $-./0 $10
*11 F L' fjl. fi) rug. ,L.t. {f q, (}$ S.s *m ()? fr) $s ES 3L CIo) {}4 $ t!) qo Z* {t, {n F-O. fi:f. CIg. *x Ft. H.ts L &1. E.g E b.
7 l S - - )h w a (l} " 1 (] d) }. 1 ) + f) cl.w - dl l} n. (l D f) ' P).-.O ly f c
Congruência de triângulos
Congruência de triângulos 1 o Caso: Se dois triângulos têm ordenadamente congruentes dois lados e o ângulo compreendido, então eles são congruentes. (LAL) 2 o Caso: Se dois triângulos têm ordenadamente
'!"( )*+%, ( -. ) #) 01)0) 2! ' 3.!1(,,, ".6 )) -2 7! 6)) " ) 6 #$ ))!" 6) 8 "9 :# $ ( -;!: (2. ) # )
!" #$%&& #% 1 !"# $%& '!"( )*+%, ( -. ) #) /)01 01)0) 2! ' 3.!1(,,, " 44425"2.6 )) -2 7! 6)) " ) 6 #$ ))!" 6) 4442$ ))2 8 "9 :# $ ( -;!: (2. ) # ) 44425"2 ))!)) 2() )! ()?"?@! A ))B " > - > )A! 2CDE)
Tema III Geometria analítica
Tema III Geometria analítica Unidade 1 Geometria analítica no plano Páginas 154 a 181 1. a) A(1, ) B( 3, 1) d(a, B) = ( 3 1) + (1 ( )) = ( 4) + 3 = 16 + 9 = 5 = 5 b) C ( 3, 3) O(0, 0) d(c, O) = (0 3 )
! $&% '% "' ' '# ' %, #! - ' # ' ' * '. % % ' , '%'# /%, 0! .!1! 2 / " ') # ' + 7*' # +!!! ''+,!'#.8.!&&%, 1 92 '. # ' '!4'',!
"#$%% $&% '% "' ' '# '"''%(&%') '*'+&%'# ),'#+# ' %, # - ' # ' "%'''' ' * '. % % ', '%'# ''''') /%, 0.1 2 / " ') 33*&,% *"'",% '4'5&%64'' # ' + 7*' # + "*''''' 12''&% '''&")#'35 ''+,'#.8.&&%, 1 92 '. #
3 Geometria analítica no plano
Geometria analítica no plano.. Referencial ortonormado. Distâncias no plano Atividade de diagnóstico Pág... A(, ), B(, ), C(, ), D(, ), E(, ), F(, ), G(, ).. Não pertencem a qualquer quadrante os pontos
ACEF/1112/13457 Parecer do RIES sobre intenção de decisão
ACEF/1112/13457 Parecer do RIES sobre intenção de decisão ACEF/1112/13457 Parecer do RIES sobre intenção de decisão Parecer da Instituição de Ensino Superior à Intenção de Decisão do Conselho de Administração
! &! $ '()*+,-./01234435 #78!99
1 ! ""#$ %! &! $ '()*+,-./01234435 634432 #78!99 #:;&9 2 !" # " $!" %" # $ &'()*+(,$$#% -.*/0(1)2)3425 3 Marcelo O. Coutinho de Lima 4 )*+, 9 82 "! 9!2 $ $ $?$@; *7 A> =" " ); B$" 9 $
LISTA EXTRA DE EXERCÍCIOS MAT /I
LISTA EXTRA DE EXERCÍCIOS MAT 008/I. Dados os vetores v = (0,, 3), v = (-, 0, 4) e v 3 = (, -, 0), efetuar as operações indicadas: (a) v 3-4v R.: (4,-,-6) (b) v -3v +v 3 R.: (3,0,-6). Determine: (a) x,
Telecomunicações Básico
Telecomunicações Básico Prof. MSc. Eng. ! "!"!"#$ %!"# #% # $ &# #!% '($ ) ) *+, ) $-!.) / 0 1#() 0!2) $% & '() * %# ') % &# /) *%+,,%-, 334-3564.7 &3897.%& / /% 0 0% 1 0 :'( : : $00'( :'(;< : 4.*6 :4.*6
ATIVIDADE: METODOS DE DIVISÃO DE SEGMENTOS E DA CIRCUFERENCIA.
ANEXO 7 Referente a Ação 7 5. ATIVIDADE DE PREPARAÇÃO DOS BOLSISTAS ALUNOS MINI-CURSO Construções Geométricas: Esta atividade foi desenvolvida na Universidade com o objetivo de habilitar os bolsistas em
Estudo de Triângulos - Teorema de Menelaus e Relação de Stewart. 9 ano E.F. Professores Cleber Assis e Tiago Miranda
Estudo de Triângulos - Teorema de Menelaus e Relação de Stewart Relação de Stewart 9 ano E.F. Professores Cleber Assis e Tiago Miranda Estudo de Triângulos - Teorema de Menelaus e Relação de Stewart Relação
MÓDULO 25. Geometria Plana I. Ciências da Natureza, Matemática e suas Tecnologias MATEMÁTICA
Ciências da Natureza, Matemática e suas Tecnologias MATEMÁTICA MÓDULO 5 Geometria Plana I. Mostre que o ângulo inscrito em uma circunferência é a metade do ângulo central correspondente. 1. (MAM-Mathematical
Contatores e combinações de contatores
Contatores e combinações de Acessórios para 3RT1/ 3RH1 Bloco de contatos auxiliares temporizado eletrônico O bloco de contatos auxiliares temporizado nas execuções RETARDO NA ENERGIZAÇÃO ou RETARDO NA
@A BCDE BC AB FGH O " A QR A D QRA QR"Z? W 9 C 0 KL "- D O A" _ b KL" V AD 6 A- A" _ MTb! "34M A AK T 3! 5 %) # 2 1 & %% 2 - # # + %#&! % % 0 &,
@ABCDEBC ABFGH O"AQR A DQRAQR"Z? WK@F 9 C 0KL"- DOA" _ bkl"vad 6 A-A"_ MTb! "34M AAKT 3! 5%)# 2 1&%% 2-##+%#&!%%0 &,# -0:0"0 #&' # #&# & 3&# % &# ##& ## #### $# #' # ### #!# ### %##'! #%##&## %#/&$ # #
2 UKWELI % &' (! $ ' ')#&' &'!* 2-../ 1! '2344&567839:;&3...7< 8(==>[email protected].:-B.;;9 !7$9.>:B:?>3:3>3 6822 3, F &I &5
2 UKWELI!" #$ % ' (! $ ' ')#' '!*!"#$ %' (+,-./ 1!)* +,,# $ %-... "/- 2-../ 1! '2344567839:;3...7< 5178 8(==>[email protected].:-B.;;9 >(CDC E(FFFC!7$9.>:B:?>3:3>3 G (+CH (IF7!F2 5 (EJ2 6822 3, F I 5 Índice 4 5!"#7
INDIVIDUAL INDIVIDUAL INDIVIDUAL QUARTETO INDIVIDUAL QUARTETO INDIVIDUAL
CP0001 - FRISADO PARISIENSE FUNDO BRANCO - 18 1 CANARIL ASA BRANCA 88 - - FG 348 18 10 34937 2 PAULO CESAR DE FREITAS SILVA 87 - - BH 33 300 10 34889 - RICARDO SAMPAIO - - - AL 5 213 10 34922 - RICARDO
!"# "$ %& "' "$ " "' ' ()*+,-./.$ 0/1!"#$%&'! VWX #$ -Y GZ[ Y!"#$%& '!!"# ' ()*+,+-./01 2&-3456%789 ' :; BC DE 78&FGH IJ K & LMN O
!"# "$ %& "' "$ " "' ' ()*+,-./.$ 0/1!"#$%&'! VWX #$ -Y GZ[ Y!"#$%& '!!"# ' ()*+,+-./01 2&-3456%789 ' :; 278-34 ? @A BC DE 78&FGH IJK & FGH@ LMN O 34 P QRSTUN VW@X9 Y '! P & @ -!"#&F!& ' ()*+,(- -./
Artigo Inicial: 4 Artigo I ("A Semente é a Palavra de Deus"): 9 Artigo II ("Alvo de Contradição"): 20 Artigo III ("Novo Adão e Nova Eva"): 26 Artigo
1 !" #!#!$" %&''() 2 Artigo Inicial: 4 Artigo I ("A Semente é a Palavra de Deus"): 9 Artigo II ("Alvo de Contradição"): 20 Artigo III ("Novo Adão e Nova Eva"): 26 Artigo IV ("São José"): 37 Artigo V ("Corpo
Módulo Elementos Básicos de Geometria - Parte 3. Pontos Notáveis no Triângulo. Professores Cleber Assis e Tiago Miranda
Módulo Elementos Básicos de Geometria - Parte 3 Pontos Notáveis no Triângulo. 8 ano/e.f. Professores Cleber Assis e Tiago Miranda Elementos Básicos de Geometria - Parte 3. Pontos Notáveis no Triângulo.
A Baixela Germain ao serviço da Corte no Reinado de D. Maria I *
A Baixela Germain ao serviço da Corte no Reinado de D. Maria I *!!"# $ % &'( )*+,&' & - '%%) - ' -%&'. % / # $* % 0 123 4 / % 56 &' -5%7%&'5 % 8 5 % 9 - %,&') &' -'- : & ) %&*% ; < = >&()*+,&'?'- 4&@0;07
Nota10 ESCOLAS DA DIVERSIDADE
A fl Clg, Al Glbg: l g q PÁGINA 8 N10 A 13 ú 48 bl//jh 2013 Pblçã l Fçã AlMl Bl ESCOLAS DA DIVERSIDADE Pj Fçã AlMl Bl úbl b blh lã ç fê l l l PÁGINAS 4 E 5 ARUIVO FUNDAÇÃO ARCELORMITTAL BRASIL O l Jé f
Para cada um dos experimentos abaixo, descreva o espaço amostral e dê o número de seus elementos.
1 Exercício 1 Para cada um dos experimentos abaixo, descreva o espaço amostral e dê o número de seus elementos. (a) Numa linha de produção conta-se o número de peças defeituosas num intervalo de uma hora.
Livros Grátis. Milhares de livros grátis para download.
Livros Grátis http://www.livrosgratis.com.br Milhares de livros grátis para download. !"#$%&' ($"$ ')#!*%&' +' #,#-.' +!! #"!!/ $0+! 0).1$ "'2"$/$+!3 4"$+-$%&'!/$0+!0).1$!*#"'+!5*1$ +$$0+! *6!" +$+!!+!"$.+!$*#$$#$"*$
!"# $% & '(!)% $# $*)%+,& #-.%#(# #(# #. %/$#0 *. #"(*$& #12 &-%(3-!& $# 2-&4#(&" %2-&5%$&" 2# &!!"(6-!& $% %/$#!& $# %#!-& #7#.
RELATÓRIO FINAL !"# $% & '(!)% $# $*)%+,& #-.%#(# #(# #. %/$#0 *. #"(*$& #12 &-%(3-!& $# 2-&4#(&" %2-&5%$&" 2# &!!"(6-!& $% %/$#!& $# %#!-& #7#.8-&9 :;;< 5 -=%!7%+,&0 "(%+,& $# -%8% >& 8"#-5%(3-!& $&"
NCE/10/00311 Decisão de apresentação de pronúncia - Novo ciclo de estudos
NCE/10/00311 Decisão de apresentação de pronúncia - Novo ciclo de estudos NCE/10/00311 Decisão de apresentação de pronúncia - Novo ciclo de estudos Decisão de Apresentação de Pronúncia ao Relatório da
Matemática- 2008/ Se possível, dê exemplos de: (no caso de não ser possível explique porquê)
Matemática- 00/09. Se possível, dê exemplos de (no caso de não ser possível explique porquê) (a) Uma matriz do tipo ; cujos elementos principais sejam 0. (b) Uma matriz do tipo ; cujo elemento na posição
RAÇAS SINTÉTICAS DE BOVINOS DE CORTE. Prof. Cássio Brauner Prof. Marcelo Pimentel
RAÇAS SINTÉTICAS DE BOVINOS DE CORTE Prof. Cássio Brauner Prof. Marcelo Pimentel POR QUE RAÇA SINTÉTICA? 1. TECNICAMENTE HETEROSE (dominância, sobredominância, epistasia) - COMPLEMENTARIDADE - FACILIDADE
