<SEC-DOCUMENT>0001299933-15-001059.txt : 20150708
<SEC-HEADER>0001299933-15-001059.hdr.sgml : 20150708
<ACCEPTANCE-DATETIME>20150708171242
ACCESSION NUMBER:		0001299933-15-001059
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20150703
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20150708
DATE AS OF CHANGE:		20150708

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PEPSICO INC
		CENTRAL INDEX KEY:			0000077476
		STANDARD INDUSTRIAL CLASSIFICATION:	BEVERAGES [2080]
		IRS NUMBER:				131584302
		STATE OF INCORPORATION:			NC
		FISCAL YEAR END:			1229

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-01183
		FILM NUMBER:		15979835

	BUSINESS ADDRESS:	
		STREET 1:		700 ANDERSON HILL RD
		CITY:			PURCHASE
		STATE:			NY
		ZIP:			10577
		BUSINESS PHONE:		9142532000

	MAIL ADDRESS:	
		STREET 1:		700 ANDERSON HILL ROAD
		CITY:			PURCHASE
		STATE:			NY
		ZIP:			10577-1444

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PEPSI COLA CO
		DATE OF NAME CHANGE:	19700903
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>htm_52114.htm
<DESCRIPTION>LIVE FILING
<TEXT>
<!-- CoverPageHeader start -->
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 3.2//EN">
<HTML>
<HEAD>
<TITLE> PepsiCo, Inc. (Form: 8-K) </TITLE>
</HEAD>
<BODY TEXT="#000000" BGCOLOR="#FFFFFF" ALINK="#0000FF" HLINK="#FF0000" VLINK="#800080">
<!-- Comment1 -->
<A NAME="DOCUMENT_TOP">&nbsp;</A>
<P>
<!-- CoverPageHeader end --><!-- CoverPageTitle START -->
<A NAME="DOCUMENT_TOP">&nbsp;</A>
<HR NOSHADE>
<P>
<P ALIGN="CENTER">
<FONT SIZE="4">
		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
</FONT>
<BR>
<FONT SIZE="2">
	WASHINGTON, D.C. 20549
</FONT>
<P ALIGN="CENTER">
<FONT SIZE="5">
	FORM 8-K
</FONT>
<FONT SIZE="2">

</FONT>
</P>
<P ALIGN="CENTER">
<FONT SIZE="3">
	CURRENT REPORT
</FONT>
</P>
<P ALIGN="CENTER">
<FONT SIZE="2">
	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
</FONT>
</P>
<CENTER>
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
<TD WIDTH="51%">
	&nbsp;
</TD>
<TD WIDTH="5%">
	&nbsp;
</TD>
<TD WIDTH="44%">
	&nbsp;
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	Date of Report (Date of Earliest Event Reported):
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	July 3, 2015
</FONT>
</TD>
</TR>
</TABLE>
<BR>
</CENTER>
<!-- CoverPageTitle END --><!-- CoverPageRegistrant START -->
<P ALIGN="CENTER"><!-- -->
<FONT SIZE="6">
	PepsiCo, Inc.
</FONT>
<FONT SIZE="2">
<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
</FONT>
<CENTER>
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
<TD WIDTH="33%">
	&nbsp;
</TD>
<TD WIDTH="34%">
	&nbsp;
</TD>
<TD WIDTH="33%">
	&nbsp;
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	North Carolina
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	1-1183
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	13-1584302
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
_____________________<BR>
	(State or other jurisdiction
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
_____________<BR>
	(Commission
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
______________<BR>
	(I.R.S. Employer
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	of incorporation)
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	File Number)
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	Identification No.)
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;&nbsp;
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	700 Anderson Hill Road, Purchase, New York
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	10577
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
_________________________________<BR>
	(Address of principal executive offices)
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
___________<BR>
	(Zip Code)
</FONT>
</TD>
</TR>
</TABLE>
</CENTER>
<CENTER>
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">

<TR VALIGN="BOTTOM">
<TD WIDTH="51%">
	&nbsp;
</TD>
<TD WIDTH="5%">
	&nbsp;
</TD>
<TD WIDTH="44%">
	&nbsp;
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	Registrant&#146;s telephone number, including area code:
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	914-253-2000
</FONT>
</TD>
</TR>
</TABLE>
</CENTER>
<P ALIGN="CENTER">
<FONT SIZE="2">
	N/A
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
</FONT>
<P ALIGN="CENTER">
<FONT SIZE="2">
	&nbsp;
</FONT>
<!-- CoverPageRegistrant END --><P><FONT SIZE="2">
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:</FONT>
</P>
<P><FONT SIZE="2">
[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
</P></FONT><!-- PageBreak START -->
<P>
<HR NOSHADE>
<DIV ALIGN="LEFT" STYLE="PAGE-BREAK-BEFORE:ALWAYS">
<A HREF="#DOCUMENT_TOP">
<U>
<B>
<FONT SIZE="2">Top of the Form</FONT>
</B>
</U>
</A>
</DIV>
<!-- PageBreak END --><!-- Item START -->
<P ALIGN="LEFT">
<FONT SIZE="2">
<B>
	Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
</B>
</FONT>
</P>
<P ALIGN="LEFT">
<FONT SIZE="2">
On July 8, 2015, PepsiCo, Inc. ("PepsiCo") announced a series of leadership appointments and a realignment of certain reportable segments of its business that will begin in the third quarter of 2015.  In connection with the realignment, effective July 8, 2015 Albert P. Carey, who previously served as Chief Executive Officer of the PepsiCo Americas Beverages segment, will serve as Chief Executive Officer of the newly realigned North America Beverages segment and Sanjeev Chadha, who previously served as Chief Executive Officer of the Asia, Middle East and Africa segment, will serve as Chief Executive Officer of the newly realigned Asia, Middle East and North Africa segment.  On July 3, 2015, Enderson Guimaraes, Executive Vice President, Global Categories and Operations of PepsiCo, notified PepsiCo of his decision to resign from PepsiCo, effective July 31, 2015.
</FONT>
</P>
<!-- Item END -->
<BR><BR><BR><BR><!-- Item START -->
<P ALIGN="LEFT">
<FONT SIZE="2">
<B>
	Item 7.01 Regulation FD Disclosure.
</B>
</FONT>
</P>
<P ALIGN="LEFT">
<FONT SIZE="2">
The information in this Item 7.01, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section and shall not be deemed incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.<br><br>Attached as Exhibit 99.1 and incorporated by reference into this Item 7.01 is a copy of the press release issued by PepsiCo, dated July 8, 2015.
</FONT>
</P>
<!-- Item END -->
<BR><BR><BR><BR><!-- Item START -->
<P ALIGN="LEFT">
<FONT SIZE="2">
<B>
	Item 9.01 Financial Statements and Exhibits.
</B>
</FONT>
</P>
<P ALIGN="LEFT">
<FONT SIZE="2">
(d) Exhibits<br><br>99.1	Press release issued by PepsiCo, Inc., dated July 8, 2015.
</FONT>
</P>
<!-- Item END -->
<BR><BR><BR><BR><P ALIGN="LEFT" STYLE="FONT-SIZE: 10PT"></P><!-- PageBreak START -->
<P>
<HR NOSHADE>
<DIV ALIGN="LEFT" STYLE="PAGE-BREAK-BEFORE:ALWAYS">
<A HREF="#DOCUMENT_TOP">
<U>
<B>
<FONT SIZE="2">Top of the Form</FONT>
</B>
</U>
</A>
</DIV>
<!-- PageBreak END --><!-- SignatureHeader START -->
<P ALIGN="CENTER">
<FONT SIZE="2">
<B>
	SIGNATURES
</B>
</FONT>
</P>
<P ALIGN="LEFT">
<FONT SIZE="2">
	Pursuant to the requirements of the Securities Exchange Act of 1934, the
	registrant has duly caused this report to be signed on its behalf by the
	undersigned hereunto duly authorized.
</FONT>
</P>
<!-- SignatureHeader END --><!-- Signature START -->
<CENTER>
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
<TR VALIGN="BOTTOM">
<TD WIDTH="19%">
	&nbsp;
</TD>
<TD WIDTH="34%">
	&nbsp;
</TD>
<TD WIDTH="3%">
	&nbsp;
</TD>
<TD WIDTH="1%">
	&nbsp;
</TD>
<TD WIDTH="43%">
	&nbsp;
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD COLSPAN="3" VALIGN="TOP" ALIGN="LEFT">
<FONT SIZE="2">
	PepsiCo, Inc.
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP">
<FONT SIZE="2">
<I>
	July 8, 2015
</I>
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
	By:
</I>
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
	/s/ Cynthia Nastanski
</I>
<BR>
</FONT>
</TD>
</TR>
<TR>
<TD VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<HR SIZE="1" NOSHADE>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
	Name: Cynthia Nastanski
</I>
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
	Title: Senior Vice President, Corporate Law and Deputy Corporate Secretary
</I>
</FONT>
</TD>
</TR>
</TABLE>
</CENTER>
<!-- Signature END --><!-- PageBreak START -->
<P>
<HR NOSHADE>
<DIV ALIGN="LEFT" STYLE="PAGE-BREAK-BEFORE:ALWAYS">
<A HREF="#DOCUMENT_TOP">
<U>
<B>
<FONT SIZE="2">Top of the Form</FONT>
</B>
</U>
</A>
</DIV>
<!-- PageBreak END --><P ALIGN="CENTER">
<FONT SIZE="2">
	Exhibit&nbsp;Index
</FONT>
<CENTER>
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="60%">
<TR VALIGN="BOTTOM">
<TD WIDTH="8%">
	&nbsp;
</TD>
<TD WIDTH="15%">
	&nbsp;
</TD>
<TD WIDTH="77%">
	&nbsp;
</TD>
</TR>

<BR>
<TR VALIGN="BOTTOM">
<TD NOWRAP ALIGN="LEFT">
<FONT SIZE="1">
<B>
	Exhibit No.
</B>
</FONT>
</TD>
<TD>
<FONT SIZE="1">
	&nbsp;
</FONT>
</TD>
<TD NOWRAP ALIGN="LEFT">
<FONT SIZE="1">
<B>
	Description
</B>
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD NOWRAP ALIGN="CENTER">
<HR SIZE="1" NOSHADE>
</TD>
<TD>
<FONT SIZE="1">
	&nbsp;
</FONT>
</TD>
<TD NOWRAP ALIGN="CENTER">
<HR ALIGN="LEFT" SIZE="1" WIDTH="88%" NOSHADE>
</TD>
</TR>





<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" WIDTH="8%" nowrap>
<FONT SIZE="2">
<DIV ALIGN="LEFT">
	99.1
</DIV>
</FONT>
</TD>
<TD WIDTH="15%">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
<FONT SIZE="2">
Press release issued by PepsiCo, Inc., dated July 8, 2015.
</FONT>
</TD>
</TR></TABLE></CENTER><!-- HTMLFooter START -->
</BODY>
</HTML>
<!-- HTMLFooter END -->
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit1.htm
<DESCRIPTION>EX-99.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 3.2//EN">
<HTML>
<HEAD>
<TITLE> EX-99.1 </TITLE>
</HEAD>
<BODY TEXT="#000000" BGCOLOR="#FFFFFF" ALINK="#0000FF" HLINK="#FF0000" VLINK="#800080">

<BODY style="font-family: 'Times New Roman',Times,serif">


<P align="right" style="font-size: 10pt"><FONT style="font-size: 10pt"><B>EXHIBIT 99.1</B></FONT>



<P align="center" style="font-size: 10pt"><FONT style="font-size: 36pt"><img src="e41631-151891618597550d2b_1.jpg"></FONT>



<P align="center" style="font-size: 36pt"><FONT style="font-size: 12pt"><B>PepsiCo Announces Leadership Appointments</B></FONT>



<P align="left" style="font-size: 12pt">PURCHASE, N.Y. &#150; July&nbsp;8, 2015 &#150; PepsiCo, Inc. &#091;NYSE: PEP&#093; today announced a series of leadership
appointments that support the company&#146;s global business priorities and growth strategies.


<P align="left" style="font-size: 12pt">&#147;Our consistent focus on talent development has built a best-in-class leadership pipeline that is
fueling our success and positioning PepsiCo well for sustainable long-term growth,&#148; said PepsiCo
Chairman and CEO Indra Nooyi. &#147;Today&#146;s appointments enable us to continue to elevate our next
generation of talent to increasing levels of responsibility. This is essential to ensure our
ability to better navigate complex operating conditions around the world and meet the changing
needs of our business in the future.&#148;


<P align="left" style="font-size: 12pt">Hugh Johnston, executive vice president and chief financial officer, is being named vice chairman.
He will continue to serve as CFO, as well as oversee the Quaker Foods North America business and
PepsiCo&#146;s global e-commerce organization. In addition, he will now have responsibility for the
company&#146;s global business and information solutions function, which provides information technology
systems and solutions across PepsiCo.


<P align="left" style="font-size: 12pt">The expansion of Johnston&#146;s responsibilities comes as PepsiCo continues to preemptively address
global trends that are reshaping the food and beverage industry. One such trend is the rise of the
digitally connected consumer and the emergence of e-commerce as a new distribution channel. Putting
the company&#146;s information technology and e-commerce organizations under the oversight of a vice
chairman will accelerate new solutions and further strengthen PepsiCo&#146;s digital technology
capabilities.


<P align="left" style="font-size: 12pt">The move follows PepsiCo&#146;s appointment of Mehmood Khan, executive vice president and chief
scientific officer, to vice chairman earlier this year. In his role, Khan is focused on leading
PepsiCo&#146;s global sustainability agenda and identifying new ways to embed sustainable business
practices across all facets of the company&#146;s business. He continues to lead PepsiCo&#146;s global
Research & Development organization.


<P align="left" style="font-size: 12pt"><B>Additional Executive Changes</B>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Eugene Willemsen, currently president, PepsiCo Lipton, has been named executive vice
president, Global Categories & Franchise Management. He will be responsible for overseeing
the company&#146;s global beverages, global snacks and global nutrition groups, as well as its
global franchise organization. Willemsen will also continue to oversee PepsiCo&#146;s Lipton
relationship.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Brian Newman, currently senior vice president and general manager, Global E-Commerce,
has been named executive vice president, Global Operations. He will be responsible for
global operations and supply chain, global procurement, productivity, global security, risk
management and corporate strategy.</TD>
</TR>

</TABLE>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 12pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="1%" nowrap align="right">&#149;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Laxman Narasimhan, currently CEO, Latin America Foods, has been named CEO, Latin
America. He will now lead an integrated food and beverage business across the region,
creating new opportunities to leverage the scale of PepsiCo&#146;s complementary brand portfolio
and enable greater synergies.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 12pt">Narasimhan&#146;s appointment accompanies a realignment of certain reportable segments of PepsiCo&#146;s
business that will begin in the third quarter of 2015. The company&#146;s food and beverage businesses
in Latin America will be combined and reported as Latin America, creating a Latin America segment
consistent with PepsiCo&#146;s other international segments, which are managed as integrated food and
beverage businesses.


<P align="left" style="font-size: 12pt">PepsiCo Americas Beverages will be renamed as North America Beverages, led by CEO Al Carey. In
addition, Carey will play a broader role in the company as leader of its Center of Excellence on
Customer Management.


<P align="left" style="font-size: 12pt">PepsiCo&#146;s Sub-Saharan Africa business, which is currently part of the Asia, Middle East and Africa
division, will move to the Europe segment, which is renamed Europe Sub-Saharan Africa (ESSA). As a
result, the Asia, Middle East and Africa segment (AMEA)&nbsp;will be renamed as Asia, Middle East and
North Africa (AMENA). Ramon Laguarta will continue as CEO of ESSA, while Sanjeev Chadha will
continue as CEO of AMENA.


<P align="left" style="font-size: 12pt">Enderson Guimaraes, who previously had responsibility for many of the areas now overseen by
Willemsen and Newman, has chosen to pursue an opportunity outside PepsiCo after four years with the
company. Guimaraes had a positive impact on the business during that time, transforming the
operating model across the company&#146;s Europe business and helping to drive an aggressive
productivity agenda.


<P align="left" style="font-size: 12pt"><B>Seasoned and Successful Leaders</B>
<BR>
&#147;These executives are highly respected leaders across PepsiCo and they bring unique strengths to
their new roles,&#148; Nooyi said. &#147;They each possess the strategic acuity, global mindset and
operational know-how to succeed in today&#146;s dynamic business environment, and they will play key
roles in driving our business forward.&#148;


<P align="left" style="font-size: 12pt">Johnston was named CFO in 2010 and has more than 25&nbsp;years with PepsiCo. In addition to providing
strategic financial leadership as CFO, he is also responsible for the company&#146;s global e-commerce
organization and its Quaker Foods North America business. He joined PepsiCo in 1987 and has served
in a variety of positions, including executive vice president, global operations; president,
Pepsi-Cola North America; senior vice president, transformation; senior vice president and CFO,
PepsiCo Beverages and Foods; and senior vice president, mergers and acquisitions. Johnston is also
a member of the Systemic Risk Council, an independent group of experts committed to addressing
regulatory and structural issues relating to systemic financial risk in the United States.


<P align="left" style="font-size: 12pt">Willemsen joined PepsiCo in 1995 and has served as global president and general manager for the
PepsiCo Lipton joint venture since 2014. He previously served as president for PepsiCo&#146;s Southeast
Europe business, overseeing both foods and beverages across 17 countries. Prior to that, he held a
number of senior leadership positions across Europe, including senior vice president, commercial,
PepsiCo Europe, and general manager of PepsiCo&#146;s Northern European business unit. Willemsen is a
global leader who has worked in the Netherlands, Switzerland and Turkey.


<P align="left" style="font-size: 12pt">Newman has held finance and strategy leadership roles spanning many developed and developing
markets during more than two decades with PepsiCo. Prior to being tapped to head PepsiCo&#146;s global
e-commerce team in 2014, Newman was senior vice president of corporate strategy. His previous roles
include: chief financial officer and senior vice president of strategy, PepsiCo Greater China
Region; treasurer, Pepsi Bottling Group; chief financial officer, PepsiCo Russia; chief financial
officer and vice president of strategy, PepsiCo Canada; and vice president, business development,
PepsiCo Europe.


<P align="left" style="font-size: 12pt">Narasimhan was named CEO of PepsiCo Latin America Foods in 2014, responsible for the company&#146;s
foods businesses in Mexico, Brazil, Central America, South America and the Caribbean. He previously
served as senior vice president and chief financial officer of PepsiCo Americas Foods. Prior to
joining PepsiCo, Narasimhan was a director and head of McKinsey&#146;s New Delhi Office. He worked with
McKinsey for 19&nbsp;years, including rotations in Cleveland, Tokyo, Toronto, San Francisco and New
Delhi. He also co-led the firm&#146;s Global Consumer and Shopper Insights Practice and led McKinsey&#146;s
research on the emerging market consumer.


<P align="left" style="font-size: 12pt">Johnston, Khan, Willemsen, Newman, Narasimhan, Carey, Chadha and Laguarta all report to Nooyi.


<P align="left" style="font-size: 12pt"><B>About PepsiCo</B>
<BR>
PepsiCo products are enjoyed by consumers one billion times a day in more than 200 countries and
territories around the world. PepsiCo generated more than $66&nbsp;billion in net revenue in 2014,
driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade,
Pepsi-Cola, Quaker and Tropicana. PepsiCo&#146;s product portfolio includes a wide range of enjoyable
foods and beverages, including 22 brands that generate more than $1&nbsp;billion each in estimated
annual retail sales.


<P align="left" style="font-size: 12pt">At the heart of PepsiCo is Performance with Purpose &#150; our goal to deliver top-tier financial
performance while creating sustainable growth and shareholder value. In practice, Performance with
Purpose means providing a wide range of foods and beverages from treats to healthy eats; finding
innovative ways to minimize our impact on the environment and reduce our operating costs; providing
a safe and inclusive workplace for our employees globally; and respecting, supporting and investing
in the local communities where we operate. For more information, visit <U>www.pepsico.com</U>.


<P align="left" style="font-size: 12pt"><B>Contact:</B>
<BR>
Jay Cooney
<BR>
VP, Corporate Communications
<BR>
914-253-2777
<BR>
jay.cooney@pepsico.com


<P align="left" style="font-size: 12pt"><B>Cautionary Statement</B>
<BR>
Statements in this communication that are &#147;forward-looking statements&#148; are based on currently
available information, operating plans and projections about future events and trends. Terminology
such as &#147;aim,&#148; &#147;anticipate,&#148; &#147;believe,&#148; &#147;drive,&#148; &#147;estimate,&#148; &#147;expect,&#148; &#147;expressed confidence,&#148;
&#147;forecast,&#148; &#147;future,&#148; &#147;goals,&#148; &#147;guidance,&#148; &#147;intend,&#148; &#147;may,&#148; &#147;objectives,&#148; &#147;outlook,&#148; &#147;plan,&#148;
&#147;position,&#148; &#147;potential,&#148; &#147;project,&#148; &#147;seek,&#148; &#147;should,&#148; &#147;strategy,&#148; &#147;target,&#148; &#147;will&#148; or similar
statements or variations of such terms are intended to identify forward-looking statements,
although not all forward-looking statements contain such terms. Forward-looking statements
inherently involve risks and uncertainties that could cause actual results to differ materially
from those predicted in such forward-looking statements. Such risks and uncertainties include, but
are not limited to: changes in demand for PepsiCo&#146;s products, as a result of changes in consumer
preferences or otherwise; changes in the legal and regulatory environment; imposition of new taxes,
disagreements with tax authorities or additional tax liabilities; PepsiCo&#146;s ability to compete
effectively; PepsiCo&#146;s ability to grow its business in developing and emerging markets or unstable
political conditions, civil unrest or other developments and risks in the markets where PepsiCo&#146;s
products are made, manufactured, distributed or sold; unfavorable economic conditions in the
countries in which PepsiCo operates; increased costs, disruption of supply or shortages of raw
materials and other supplies; failure to realize anticipated benefits from PepsiCo&#146;s productivity
initiatives or global operating model; disruption of PepsiCo&#146;s supply chain; product contamination
or tampering or issues or concerns with respect to product quality, safety and integrity; damage to
PepsiCo&#146;s reputation or brand image; failure to successfully complete or integrate acquisitions and
joint ventures into PepsiCo&#146;s existing operations or to complete or manage divestitures or
refranchisings; PepsiCo&#146;s ability to hire or retain key employees or a highly skilled and diverse
workforce; loss of any key customer or changes to the retail landscape; any downgrade or potential
downgrade of PepsiCo&#146;s credit ratings; the ability to protect information systems against or
effectively respond to a cybersecurity incident or other disruption; PepsiCo&#146;s ability to implement
shared services or utilize information technology systems and networks effectively; fluctuations or
other changes in exchange rates, including changes in currency exchange mechanisms or additional
governmental actions in Venezuela; climate change, or legal, regulatory or market measures to
address climate change; failure to successfully negotiate collective bargaining agreements or
strikes or work stoppages; any infringement of or challenge to PepsiCo&#146;s intellectual property
rights; potential liabilities and costs from litigation or legal proceedings; and other factors
that may adversely affect the price of PepsiCo&#146;s common stock and financial performance.


<P align="left" style="font-size: 12pt">For additional information on these and other factors that could cause PepsiCo&#146;s actual results to
materially differ from those set forth herein, please see PepsiCo&#146;s filings with the Securities and
Exchange Commission, including its most recent annual report on Form 10-K and subsequent reports on
Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on any such forward-looking
statements, which speak only as of the date they are made. PepsiCo undertakes no obligation to
update any forward-looking statements, whether as a result of new information, future events or
otherwise.



<P align="center" style="font-size: 10pt; display: none">




<!-- v.121908 -->
</BODY>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>e41631-151891618597550d2b_1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 e41631-151891618597550d2b_1.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#``$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0'_
MVP!#`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0'_P``1"`!(`+T#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#^[WXC?$'1
M?AGX:'B+6EFN#>:[X8\):!I5H81?^(?&'C?Q%IGA+P?X<L6N)(;6&XUOQ'K.
MG6!OKZ>VTS2[>:?5=6N[+2K&]O(/(M?UZ%;36QX]U3XB>+/$7AJ\EU_4/!GP
M;L?'OA^TT"Q\-W?AW5-1.B3^%Y=$\5?$MM!\'_%#PC<^)M#_`+;\1WGQ.N=`
MU-_AK\)X_%"77PXM.+_:%U?X+^.[KQ#\!OV@=;N/A98W5GX;^(/PL^)4GBB'
MP%+#K/A^]A>W\4_#KXB7+PV7A_XH?#?Q6EI>_P!FSW$ER^EZEHUX=,UC0]1U
MRT7\D_\`A$_@VWP#_9P^*'C']J?XS_%+1/%OBOX=^+_V@_V2_B+^T8NI_P#%
M&?'>YU2]^).EZ_X9\"6?A7QC+XN^"GC/XCV'Q<\6+J]K=7OBB/X4>(?`=MX;
MTJ3Q9::7ION9#G7AO/*\5B,ZXXP/#>/RO.<1@<UIXM8.GB(4XT)3PD,/7Q>8
MX"G@YU)X7%*J\=6RS#5J&+P.)>8QP=12?RO$O#GC!+/,+AN'?#7'\893G&18
M+&Y%/"U\>L'5Q$\2X9A4QV'P.39K6S"$(8K+UAEE^%SNOA\3A,PPW]EQQ]&2
M/J/X8?M/^(/^&B?B[\1X]/\`B!XH_9/T'P0_A?XE^,O@K\3/BQ^U=\+=$^(U
M]KECK7@3Q+X<T_4O`OAWXC:!K%CX"O+RT^+>@_L[^&_B#X.\`R>)/"&K^/KG
M3M-T?5?&FD?=7P)_:`M/&/P[\;>*_%6HK>:!X%^,OB3X4Z3\0+"W.K6/COP]
M:>)M(T3PA\09QX6TE=)M-/U*#Q#IB^)_$&F6MMX+TS[!K7BZXF\->%8KJWT/
M\G_B9JNJ?#;3OBK\>/V<O`'QS_9P_8P\9Z-X+MOVAIM`\'Z+=^#[#0X]0\->
M&-5_:5^%7P&TJQ'C3PK;Z#\+[M+OXJ^+_A;J,NB^)OAGX5'BO5?"%OXV\%3Z
MMJ/GO[;`^%GP%U__`(4)^SE\:?'>G^`/V@/`?P^MOVR?"/A>RU#XK>!/@U\(
M-+UKX9:;?_MBWNI:1/>?\*FUK5OA4MQX<^*MIIUC#X!^(_@35](^(WB6W\'Z
MYH6D^(?'_B9GGV&X_P"),LSG@_`9IEW!F7Y)7R/*\UQV&QDJG'G$$*63?5LJ
MH8>=%XK$XG!NKBIPX@IQGE^*ABLDRO*_]C6:8^"S>A+Z/WA9Q'0X_P`SR3/O
M%'.^(L/FN%X2RO$X6$>$WF=;.Z.7X/#NCB71P\<_QT<MP7^J_M8YE@8X7B+B
M7B".$Q$,!A(_TF_Y_P`]**S-,U?3]8CNYM-N[>]ALM1O])GFMI4FB74-+N&L
M]1M?-C9D\^POHKBPO(L[[:]MKFUF6.>"6-=.I34DG%IIZIIW3]&M&?75*<Z4
MY4ZD)4ZD7:4)Q<9Q?:479Q?=-)KJ%%%%,@****`"BBB@`HHHH`****`"BBB@
M`HHHH`****`"BBB@#XM^-OQ;TSP/XDU+PI^T/^SYXJ^('P,O98_$7ACXK^%O
MAO-\=/".@1V.AW=]K%A\6/`?A[1-7\;^"]5T+4[6^AT/Q+I?@OQ/X3U#P_JN
MB2:AXHTS6X/$%I:_E+\%/VE/V`M1_9U\4?!#5?A-XU_:#\?:AJ7[0_P4N/#/
MPC_9V\5:M\<_%_P(U?X@?$SP7\.=:U+QJ_AKP7<MXC\2?L]3^#M4\2:O<>,=
M.\<KJ&I7EUK%M:>)H]1M[;]\?B!8_$6YT5[CX7:[X8TKQ59CS+2P\<:+?:SX
M/UR/[3:3W&G:JVB:CI'B+1;JZM;:XTW3/$>FWNI6WA^;4Y=8U'P=XT6RMM%D
M_*;QUJ?[>GP/_:1\7_M'>$OV.?`_B3P9XZ^%6CZ%\>O"_P`+_P!HM/%FA>*_
M$O@?6;2/P%\8[+1O^&:/#_QPU#XA^!/`-[XL\(^*M$\&>`_B1KGQ2\#6_P`/
M?#GA_1KGQ!\-?"FCZMS1IY?]8J^WPM".8^UP6.RG,UPWB,VS#^T,!.K'"X+#
M8_+X5:^7*2Q=>I2JU:$HO&TL%%SI4O:XJAYRX/\`%[.*-2GP7XI\*Y9P[6J9
MIA\[R'BW-,CR;$8'+<TC1GB*U"IQ%QUP-D&;4*3PD*5&$L!GF-HY?+%0QM3$
MU_JV'Q?@'[-WQE_X*,?M7_"U_P!E7PYI_@[X)7_P+T7PO\&_VB_CU\>K._UK
MX_Z_:76A>$=5\.>(I/V??%-UJVI^'/&_Q&^%&I1Z[XED\?2>)?!OC/4]9\2'
MPC\2O#NLZ/(UEQ'PTL?!'[!FF?M'?\$W_"OP%TG]H/\`:2^+UW8:/\(!#X(N
M+7PU\=/V>_BSX%DTNVUWX^ZI9>.?%-MX,\%_!#Q!#\2?`?C_`,,077PZM]8\
M*6/A;QGH'A31X?B%XG\;:=WOQB\*?MH?$.'Q+^W?IOQY^!_P\^$O_"`:9X%^
M(]Q^PG\0/%/CKQA\1_V3-+\:WNL>/]?7X@_$W2K?X>3?%O\`9XTZ]^)'B3X7
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M+\JHX:6&QF?_`/$/*7$6=Y_0P-;*\XX]X=HXWZ_#]%?V-/@Y>_`+]F+X/?"K
M6;B_O_%7A[PNU[X^U74]=U'Q->ZW\3/%6J:AXN^)FORZ_JY;4]437?'VN^(M
M6M;F^9[G[)>01R,QCR?IND4!0`.`!@?05_"?_P`'//\`R?O\(_\`LT+P%_ZN
M;X_5]=X:<"0\0>)Z/#%',?[$ISP6+Q-/$O"U,S]E3P<(RC0]G5QN&JU6XM1]
MK4Q4JFG--U)-L\#Q3\1,;PME.8\;9IA%G^8XW-H5<PA"K0RB.)QN:XBI5Q6*
M@L-@JV&PT77E.I'#8?"4Z$(R5.C&E3A&*_NQHK_/=_9G_P""!'[7O[57P%^'
M7[0OP^^)W[-^C>$/B=HEUKN@:3XR\5?$W3_$EI;6NJZCH[PZQ;:+\)/$.EV\
M[7.F3R*++5[^/R'B8R!R\:>+_P#!(;]LC]H/]GG]L[]G'X?_``_^(.N?\*Q^
M,7QK^'7PH^(/PMUK4]5U+X>:UHGQ2\9>'?!FIZ]'X6^WPZ?IWC70(;ZWUCPS
MXKTU+75;._TV#3;Z;4O"NH^(/#NL_J4_`/+,=@>**O"OB/EW$.9\)4Z[S7*Y
M9%B<M=*M0CBW+#3Q4\QQ2C5J2P.*I491H5*$JM)J=6G'WU^4P\<\RP6,X:I\
M3>'V/R#+>*9T%EF9QSS#9BJM&N\(EB8X:&7X9RI4XX[#5:L95J=94ZB<*4Y>
MX?Z15%?Y@?\`P4]_Y2(?MH_]G'?%/_U*;_V_I7T^/^".FL$`_P##R7_@DO\`
M^)B70/3N/^%8=<]1V]ZZI?1]R;!Y1D.:YSXCPRM9_EV'S#"T'PEC,8XJKAL)
MB*U+VF%S>5_8?7*4.>=.C[5N\8+WE'FAX\9OC,USO+,H\/9YG_8>85\#B*ZX
MIPF$YO9XG$X>E5]GB<IC;VWU:I/DA4J^S^&4]8RE_HNT5_&+>?LG:Q^R=_P0
M5_X*`>']1^-G[.WQWM/&?QG^"WB+3O%_[-7Q(NOB?X*LA9_%S]G;2+O0]5U^
M?PYX<BM_$5K+:I=W&FP077DV%[I\\LZM<B-?PH_8._81^+/_``4*^+WB/X+_
M``<\2_#OPMXG\,?#?5_B??:A\3-4\2Z3H4V@Z-XG\'^%+JSM+GPMX4\8:@^K
MR:AXUTN>"";38+-K.WOWDOHIX[:WNO.R3P-R7-\LXJSVIXB4,%D7"^<ULJJY
MI/AK$5*>)HT,ORO&SQLJ#S:CB,-:KF3PKPSIUIJ6']HZG[SDI]^;^-.<97F/
M#&2PX`K8O.^)<HI9E2RV'$>'IU,/5K9AF6#IX.-;^RJM#$.5++UBHUU.C%JN
MJ?(G3YY_ZB-%?YE7[8_[%'[37_!*WXP?#?2_%?Q0\*V'C[Q#X;_X6!X)\<?`
M'Q_XPM-2T);#6[S1R?[2O=!\!>+]!UBUO++[3:WEK8C3[B&>/^S=8N+VTU6T
MTS]</VB?^"I/[57B+_@C%^RIK'ASX@_%#P_\6/&?QG\:_!OXR_'SPW?S^&]?
MU#3?A!#<ZYX9\/KXPTR/^W[37O'OA[7?`NHZUXITS7="\0^([KX?^/=-U(ZI
MHWB#Q##<&.^C[B:E'A/'\+\7Y9Q)D_%6:0RNAF4L!7RR.&<J&.Q$\4Z$L3C)
M5J%.GEV+IRC[2C7>)C2HJB_:.<%@O'C#TZO%&!XEX3S'A[-N&,MGF-;+UCZ&
M9/$\M;!8>.&5:.&PD:-:I4S#"SC+DJT/J[J5G53A&$_[1]8\4^&/#S0IK_B/
M0=#>Y.+=-8U?3],:X(."(5O;B`RG((_=AN1BMBWN+>[ACN;6>&YMYD62&>WE
M2:&6-AE9(Y8V9)$8<JRL5(Y!K_,!_8T_9V_9@_:+U;Q1I/[1O[<?A_\`9"UI
M-1T.V\#CQ1\'O%?Q)T[QPVI1ZQ/XAO\`6?%]IXE\'^$?`5KH<EKI,<=QXGU]
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MFJ?$'7/A;_P3%UKXM>&M.\%_%75_A_\`&[5/B;X/TB_MM4TGPI\0;_P]^S/=
M^,_#6F:G9ZCJ]IJ.G:%XCFU+2[*^M=6U2VN[:UCN(-1O8I%N9?.?V!_VU_$W
M["?_``0T_:'^*/P\DCM/BSXW_;EU_P"$/PFU>[T2TU_2_#OC#Q5\#?@WK5[X
MFU'3[^XCL'D\.^"/"WB_6/#PU*RUS1Y_&-GX<LM>T#5]!NM3M'^/P?@IF&9<
M#\.\69=G5#%8_B/B!</X;)HX-?5Z59YQF&4?6GG%/&U85<+'Z@\7.I#`<JH3
M?+*:IJ=3Z[%^,>`R[C//^%\PR>OA<#D&1?V[B,XEBW]8J4O[)P&:_5EE%3!4
MITL2_KT<+&$\==UH+FC!S<8?VUZGJVE:+:27^L:GI^DV,1`EO=3O;:PM(R>@
MDN;J2*%">VYQGM4>DZYHNOVWVS0M8TO6K/>8_M6DZA::C;>8!DIY]G--%O`(
M)7=D`\BO\V?]BO\`8H_:D_X*Z?'GQLUQ\5-0U&]\+:/X=UWXN_'7XSZWXS\=
M:A8Z9>7]GX;\/Z)#J$PUG5/$?C&[T>PU:Z\(>&M8UKP]I-YHG@O6K8^(](BT
MVWCEZS]N'_@F?^U;_P`$POC1\/;_`,)^+O$'C.PU^#4/$GPA^./P7B\3>%_%
M-EJWAEM.MO$5EJ&EZ'J%YXF^'WBK0I=:TNXM[JSUG4M'U71];L+C1?$MWJMO
MXGT/PW]C+Z/W#5+.H\(U_%7+J7&4L%]<_L9Y!6]BG]7^M.E]<EFL*?-[&]>,
M91ABY83_`&I8'V:9\C'QWXCJY1+BFAX8X^KPBL9]4_M99Y2]J_W_`-7]JL+'
M+93LJO[EN//A8XK_`&9XWVA_I`52U#4M.TFUEOM4O[+3;*$`S7FH74%G:Q`G
M`,MQ<21Q1@G@%G'/'6OYE/AG_P`%BOC5X=_X(]?%/]H7XPZ?:6/[6?PW\=1_
ML\>#KKQ/81^'Y_B/XO\`%]CH^J>"_BG-X3D\+6^E6]UH'A74_%VN:AX;ALY]
M%\77_P`'O$$GVW1+?Q$VGZ)_-E^R]^S=^U7_`,%?OVJM9T74/B==^)?&]SH\
MWCCXH_&#XL:QK&LVWA3P58ZQIFE2&TAB2YFNKB&?6K;2_`WP^T5=)TH`)8VL
MGAGPMI>I:KH_S?#W@1C\93XJS#BKB/+^%<BX2S#$9;C<U^KSS2.*KX6%&M4K
M82E&O@^;!SH8G"SHUI3=:M4Q%/#T\+*M&K"G]#GWC?@L+4X8P'#'#^/XFSKB
MG`X?,,'EGMX9;+"TL3.M1A1Q525'%VQ<*V'Q$:U)05&E3H3KSQ4:+ISG_I6Z
M/XB\/^(H9+CP_KNCZ[!$X26?1]3LM3AC<Y(222RGG1'(!PK,#P>.*V*_SH_^
M"B7_``2:_:#_`."7+?#GXRV7Q6TKQW\/M6\;6&@^$OBOX%.J_#WQQX+^)=AI
M<WBS0X-1T!M5O=0T*]O(=#U_4O"7B'PGXHU]8G\*7\NLS>%K^;0+76/Z6_\`
M@@/_`,%!_B=^V!\`OB+\-OCOK-]XN^)7[->H^!]'B^)NK-$=6\<_#_QU8>(U
M\&CQ;J4^H2W?B/Q[X>N_`WB;3=>\47%G977B#17\*:CKEQK_`(QE\5>)-6XN
M+O![#Y1P;3X]X3XMPO&/#?MZ=#%UJ>6ULJQ6$=7$QP4)RP];$XF<DL9.G0K4
MZRPN(I2KT9*A4I2E4AU\*>+=?-.+9\#\4\+8GA+B'V%2OAJ<\PI9EAL3[/#O
M&2@JU/#X>,'+"1J5Z-2G+$X>HJ-6+K4ZBC3E_0#7/:MX1\*Z[JNAZ[K7AO0M
M6UWPP=1;PSK>HZ38WFL^'&U>&&WU5]`U6>![_1GU.WM[>"_?3;BV:\B@@CN#
M(D487H:*_$XRE"2E"4H25[2BW&2NFG9JSU3:?=-H_9IPA4BX5(QG!VO&<5*+
ML[J\6FG9I-76ZN?'EU_P3\_8KUCQ9XF\>>,OV;/A;\4/&OC"]L]1\1>*_C1H
M(^-WB&^N]/L+32;&2/5OBY-XUO=/6STG3].TJVATV:S@ATO3=-TZ.-;/3[.&
M#[!5$1%1%5$155$0!515`"JJK@*J@`!0``!@#%.HKJQ>8YACU26.QV,QJH0]
MG06+Q-;$*C348Q4*2K3G[.'+"$>6%ERPBK6BK<N$R[+\![7ZC@<'@O;2YZWU
M3#4</[6=Y/GJ^QA#VDKRD^:5W>4G>[85_"=_P<\_\G[_``C_`.S0O`/_`*N;
MX_5_=C7Y.?MV_P#!'/\`9E_X*$_%WPY\9_C/XZ^.WAGQ1X8^'&D?#"PL/AAX
MG^'^BZ!+H&B^)O%_BJUN[RU\5_##QKJ,FKR:CXUU6&XN(=5@LFL[?3XX]/BG
MBN+BZ_2_!CB_)N!^-\/GV?3Q%/+Z>79AAI2PM"6)J^UQ-.,:25*+BVFT^9WT
M1^=^+_"F;\9\&5\CR2%">/J9A@,1&.)KQP]+V6'J2E4;J232=FK*VI_,5^R_
M_P`$>?\`@I=^T]^RU\._B#\,?VIOAYX>^!OQ1\*ZC)H/PT\5?''X]Z/;6OAY
M]7U72;_1]8\&Z!\,]?\`",%M=WMG?2S:?9WFH6,\-P))OWLTT2_HO_P3K_X-
MV_B/\!/VCO`_QZ_:K^*7PN\1:=\'/%/AOQ[\//`?P?U#QUK*^(_&_A^>]U70
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M,(1J4ZE.\'_F!_\`!3[_`)2(?MH_]G'?%/\`]2F_KZK_`.&$_P#@EI_TFCT`
M>W_#"WQJ.#W&1\0<'ZU_3E\=_P#@WH_8O_:%^,WQ.^.7C3XG?M0:9XM^+'C7
M7_'GB+3O"_C3X467AVRU?Q'?S:C?6VBVFJ_!36M3M]-BGF=;6&^U?4;I(@JR
MWDS@N?)_^(8;]@C_`**Y^U[_`.%[\&/Z?`&OVNAXY\#RX?X8RVCQAQ?PWB<H
MR;!8+'+)\@R;&0Q=>C@L'0DJL\[RK-O=PU3#U50EA5A_:*O-UO:VH^S_`!VM
MX*<:1SWB+'UN$^%.(</FF;8S&8-YMGF;X66%HU<9BJT73CDV9Y6^;$0KT_;1
MQ/M^1T8*E[.]3VGQ-XD\$_L[_"__`(-\OVV/AU^SC^T[9?M6>%]'^-7PRUK7
M?B!8_"GQ7\((]*U[Q#\9_P!FX_\`",/X:\6ZEJ]Y=/::?IMGJ']K6VH26UP-
M2%OY,$MK)YGX4_\`!-[]E/\`::_:_P#CCXJ^&O[*?Q8TCX.?$/1/A3KGCG6?
M$^M>//'_`,/+6^\%Z9XO\#:!J.A1ZU\.?#WB77+JXNM<\3^'=072[JPBTJ>/
M2Y;N>[CN[*QAG_MO\!?\$7?V7/AU^QU\<?V(]$\>_'VZ^%/Q_P#&?A3QSXQ\
M0:KXI^'<_P`0M,U;P?K7@C7=-M_#.K6OPLLO#EGIT]WX!T>.^BU7PGK-U);W
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M"'3I-=O=.TU"--TV_P#$6E6UPT$%B^J:;`WVF']1/VQ/"7_!/[_@FK_P3P_9
MZ_85_:]^&WQQ_:&^%/BI_&[Z7\2/AOX-\$V_B+0_C!I&J+XRU?Q_:ZKJOCOP
M@?A[XCO-2^(NMP_#G3K/4_%US-\/]*U[P)XQU#Q9X=BU\>)_Z/Z^?_VF/V7?
M@;^U_P#"K4_@S^T%X$L/'G@;4+^PUJVMI[B]TS6/#WB/2?._LKQ/X5\0Z3<6
M6M>'-?L8KJ]L3J&E7MNVH:+J6L>'-734/#FN:UI.H?F5;QFX@XES3AJ'&6*Q
M,>',DS2EF$L)PI3H9)CZ->E1JT,/C<%B*?+)8K`>VE4PU-UJ5&2YZ5Z;J>UA
M^CT?"#(N'<LXBGPCA<//B'.,NJ8&.+XHG6SG!5:-2M2K5\%BJ$URO#8WV*IU
MZBI5*L7R5+5%3]E+^%GX7?LC?\$@/VM-<UCPW\&/VX?CK^QOJ/A72[;6[V\_
M;S\-_`.?P]XXL+FZ>QN+7P+XE\'?$OX:>';76M%N'L)M0T77=6.LZC8Z@+WP
M_IFJ66E>([O0_P`KOC[\.]!^`?Q[\??#WX:_&KPK\;-!^'7BW[+X0^-OPPGN
M[3P[XLBM!::CIWB#0+A;FX-I?6$\BVE[-HVL:YHUOKNG7K>&/%7B;1$TSQ'J
M?]??CK_@US_9AU!+8?#3]I+X\^$I%9C>-XZTWX??$2.=3C:MK'H&@?"]K1EY
M!:66^#<$*O.?5?A%_P`&T/["_@?5?#NN_$OQM\<_C5<:29WUKPOJ_B;0/!/P
M^\3RRVUQ;QB[T[P7X;T_X@:=;6DDL-];P:7\3K>5[RSA2\N;O3I+K3Y_Z(RW
MQUX`R:IBL74XXXOXBR^I@W2P_#F99#A*N)H8E>SE*NLV^I8&KB)U53G3C1Q6
M/GAH?6)-Z1@Z?X#F'@EQWF\,+A8<&<*Y!CJ>+]IB,_R_/,53P]:@^=1I/+/K
MN-IT(TG.%1U<+@85Y>Q@DO>FI_A+_P`%4/BK\6?C7_P3S_X(V_$GXWMJEQ\2
M=<\"?M86.K:KKD.L1ZWXFT;POXP^#OA+P3XTUFXUZYO-4UC5O''@;0O#?C#4
M?$D]Q)%XIO-<F\266RQU6V1>!\,^`/%/C'_@WZ^(/B'P]IWV[2OA5_P5(M?'
MGCBX^TVT)TCPKJ'[./@7X9VVI"&>:.:]+^,_B)X0THV]DEQ<QIJ;WTD2V5G>
M3P_V%_MP?\$H?V9?V\M!^!7A7XC:I\2/AAX8_9UTCQ5X?^&GASX$WOP_\%:#
MIV@>*K/P-IS:(^D:]\.O&.GVFD:!I_P^T&P\,Z=H%OHEGI=F;NV,-Q";-++T
M;]C3_@G?\`OV)?@'X_\`V;/`DWB_XG?"[XG>+_%/B[QII/QPE\&>,_[;_P"$
MS\&>%O`?B+PQJ%EHO@GPGX?U'PAJ7A[PG96]WHNJZ'?_`&PW^K17US=65U%9
MVWYW0\;N&<NX(X;P>78&M2SG*..<7Q+/(X8=T\!0RS%<39YF?]GX;&K]VI4\
MMS*EAZ,E2<:=1)NG)4W%_?U_!GB3,.,>(,5F&-HU<HS7@S"</0SF5=5,=6S+
M"\.Y+ERQ^(P;_>.-3,<NJ5JT75YJE-OWTYJ2_E`_X-U?VV?V?_V6OBG^T%\-
M_CYXXT?X7VGQXT;X8W?@_P`?^+KZ+1_`UIKOPPNO'RW7AKQ'X@N%_L[PU-KV
MG?$&74]+UOQ!=:5X;0^&;[3+O5H=8U30;'4?UZ_;I_X.)?@/^S9\2-'^&_[.
M7A'P[^UM):Z7/?>/O&WAOXE0:!\.="O[LV<F@Z!X3\7Z1X;\:6/C[4S9&\OO
M$UWHZ1>'="^T:+I=KKNL:^?%&D>%8OC)_P`&S7[%'C?4->UGX3?$7XV?!*ZU
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M`,8[U=7U"TM+[2])@^&WC8ZCJ4,VFW4-C\*?\&^/[<_P<_9&^/7Q>\"?'CQ3
MH'P[\!_'WPKX,M--^(GB(WT6EZ+X^\"Z_J,/AO1=9U*""73?#OAS7M)\=^*;
MK5O%&OS6.BZ-=:#I/]H7]E9W=Q=0_P!QW@OX(_"+X>?"/3/@+X/^'/A+1_@S
MI/A2Z\#VWPV&C6E]X3N/"FHV]S;:QHVKZ7J27D6OP>($OM0E\32Z[_:-UXFN
M]2U._P!?GU*]U*^N+C\+OC;_`,&U/[#WQ%UGQ)XC^%_C/XS?`J^UJ2WFTOPM
MH>MZ#XU^&OAN>.WMX;HV&A^+M#N/',\%_-%/J$MI<_$UK>TO+R:'2TL-)ALM
M*M?+X8\3_#K%<,<9>'W$.79GPYPKGF;8C'9%5RR,\PJ99@YU<%5P^&Q+G/$8
MF6*PV)P-'&JKR8NE7G4KT9NG"G2]KZ?$OAKQ_A^(^$..\BS#+N(N)\ERW#8/
M.J>9.&`IYCBZ<<7"OB,/[.&'PZPU?#XVK@_9N6%JT84J%:/M*E2HJ7Q+_P`'
M%7[?'[*GQP^!'PF_9O\`@A\6O"_QD\=6/QET/XQ:_K/PPU?2?&?P_P##?AC0
M?`7Q$\(P:?J?CG1=0N="NO$^N:EXZ@GT[0M!GUFYT^PT+6+CQ2WAU[GPU#XA
MI?\`!LA\&-<\2^$/VPO'VI6FJZ;X.U3Q)\%?"'A_7X3&MAJ_B7PGIGQ-UGQ=
MH\)\SS&N]`TOQOX*O;L-&J+#XCLO+>1FE6+ZA^&?_!K]^REH,L5S\5?CW\<_
MB-+;:E:7<5CX6@\%?#;1+VQMY5EGTG6+>YT3QYK<\%\J_9KBZT?Q%H-[';R2
M_9)[:Z,5U%_0_P#![X/?#+X`_#3PA\'O@YX-TCP#\-O`FE+H_A?PMHJ3_9+"
MU\Z6ZN;BXNKR:ZU+5M7U74+B[U;7M?UF]U#7?$6MWVH:YKNI:CJ^H7M[/R\3
M>(G`V1>%\O#7@'$YOG3QV.I8K'YUF>$6"A34,?ALRJ2I4IPI5)5*M;"X?#4Z
M/U=4Z>&56<Z]2MRNIOP]X>\:9]XD+Q"X[PV593#!X.>&P>3Y=BGC)5'+`ULO
MIPJ5(3JPC2IT\37Q%2L\2ZE3$.G"%"%%M4_2J***_FL_HP****`"OR._X*._
M\%-!^Q]J>C_"[X8>'/#WC3XQZSI-KXCU%_$\NH7'A3P/H5S?^38_VSINBWVE
MZCJ^N:];V>IFQTF+7-%?2;4Z?KVH&]LKVPT_4_UQK^53_@K-^S+I_A_]KG6?
MCM\8OC3\._@K\$/C#'\/Q9^-O$]MXG\2ZZFK^&?#/AWP-XI\+^&OAM\/M(\5
M^.O%FO:/H_AVV\7F]GTCPWX'-MKNEZ-J'C72M2=R/!XBH<4XS!4<OX-R['9I
MGN8XRC@\/ALMPL\9CO9SA5J5)X?#PA4E*:]G&#ER/V4*DJMXN"G'^@/HVT?`
MY>(.)SCZ0O$62\.>'7#'#69\0UZO$.8SRS)LRS7"8K+<-@<LQU>E.G7JTY4\
M9BL?#`T)^TS"KE]/!2IXBE7JX:M]/?\`!-S_`(*/?M=?M/\`[0=G\*/'&@?#
M_P`5>!SI/BWQCXS\4Z;H#^'/$'@C0K#3O(T46#VVOVVDZCITOBV\\/>'TLIM
M"U?Q#)'K4M_+J!L].O+FW_>_PKXGT'QOX8\.>,_"NI0ZSX8\7:%I'B;PYJ]L
MLJ6^JZ%KVGV^J:1J4"3QQ3I#?:?=6]U$L\44RI*HEC1PRC^1[PY_P5)_9B_9
M+^$6M?LX_P#!-KX8_%/XS?M$_$;6;3PHGQW\6^"]/TI/'GB_6+>YTGPWXG\(
M>#M^O>./%,FD:UJD&E_#3X0:SX+\+V%O-J$]WJ<VOZ[?^(&\9?T[_LB_#;Q)
M\'?V5_V<?A3XR&SQ?\.O@A\+_!OBJ`7\&IPV7B3P]X,T;3-;TZTU"V+6UY8:
M;J=O=:?I]Q;N\,EE;6[1.Z$.?LZ'AOQGP-PEEN,X]GB,-G6;XZ7U++<?4@\Q
M^IPP[GBJM2@_]IHT,+5E@Z,98J,)U<3B,2H1]E2IRE^6^+OCEX+>,GC-Q#'Z
M/W#F6Y3X>\/93A\%/'9)@JF"RS'YA3Q<HT,<Z47+!0QF;0GCZL</@6J=#*\O
MRR>)C#,,1C*=/Z(JO=W=K86MS?7US;V5E96\UW>7EW-';6MI:V\;37%S<W$S
M)#!;P1(\LTTKI'%&K.[*JDC\DO\`@HG^V?\`%[X0>-K#X&?`6^@\,>)XO@W/
M\9_B5XZ'@#1_B7XUT'PCXC^*?A7X)_#BQ^"W@?Q+XY\%^$?&OQ&UKXD:^UK=
M>&O%=X8)M*^QKX>L/$?B.\LO#UU^16A_MS_\%-/%GP]TSP?I?Q-^$/[4W_"W
M]/5;RXO/AY_PJ[5=%6#XA:IX0O-!\%>+]*MO@[X*U#2-;M)O@Y$P\?6&F>,?
M$>K_`+2?PP\(^#/!_B2#Q7H.K:M^:<0<9T\IIYK1R_+,;FV:8+!8JIA,-2]C
M3PV+Q]*@Y8;`RKRK.O35;$RHX:K7AA:T*,IS;YG1J1C^R\"_1AXRXUR#(N)Y
M<1<%<.Y9GN)P\</AN(,VQ^7YC'`5JM9/,:E2645,APE*6#PN)S"C3S'/,%6J
M8..'Q$J=.ECL%/$?U1^&_BW\/?%VH)IF@>(8[VZE-PML7T_5;*UOGMGV2QZ?
M?W]C:V&H28#2Q1V5S.]Q;)+=6ZRV\4LJ>CU_)D?^"@G[47_"O(]"^'7[+_BO
M_A)]<L_"\/PV^(OA"34/BAX7TGXD^+/ACI?Q@\%6S6UEX"&CZQXI\/\`AK5M
M,\8ZS\/)=2_M2*PT[4K75EM;>UO+J#]]/^">'QY^)_[3G[)/PP^.7Q</@E?&
M7C=_&*7MMX`\-ZUX8\/VZ>%?'?B?P7$T5AKWB_QI?-/?)X=74;A_[52&.6[>
M"&W2.)6;\M\`O$KQ,XWP&8X+Q9X.PG"7%&#C2Q-&GE=*%+*\31=J>/PV'Y>(
MN)77>58FIAJ?U^6.PWU^GC:?+EN%GA:[J5XT?1MXI\)<DH<6XGZC+AC$9Q@<
MAIU%Q-P]GN82Q^:8#,<URJM*CD5:HZ.$S++LIS*M1J5Z-*$)X&K3=:<ZE*!]
MLT5^`_\`P6=^*_Q<^#?C7]G[5_"WQM^)WACP%XA^'O[5?B75OA=X)\6:O\,]
M(U?Q%^SY^SM\1?B_I&K:WXX^&M[X2^+%_9ZYJ<&A:;K/AV#QY8Z`FE^'HYM.
MLK/6=0N]4/S;J_\`P5J^/\\WQ4^'.N_$GX5_`6[\`ZWX2^'>K:M+X&73?B!\
M)?#WA[X]?\$]_AGJ?[2GB?\`X7+\0_B1HD7PD^-GA?\`:Q^)>M?#C5/B#H$N
MD#P]X`T?6;?QQXCU0>(KROWN>.ITZ\Z$X5(RA2=7FLFI*[24>5O67*[<W+K*
M$5>4FH_Q)F/B-A,IS'.L#C<ES?DRC%X7!PK8;ZE6EC*N)RZ&91J0A4Q6'HT<
M/.G5I4J,YXJ555/;U,=0P&&H2KR_J)SVI:_B?_9!_P""CW[0&K?M3:;XY^)V
MKQ_!%?CMXA^".K_'#XJO\./"GCC7/%R>&?V+O#GQ%^#WP?\`#F-%L_"GAW5O
MVWM.T<:]X,\$^'K;1OB%K^H:7HOA;X>7]SX@T"[M=1^OO@#_`,%E_P!HO5-!
M\//?>+?@_P#&?PMI?CG2-5USQ_J'A&Q3QKXV^%WCGXC_`+`/AW1O!\J_"CQW
MHGPT^'/Q@\#Z;^VUJ&F>.+6+2/&UCX3\6^`X/`.N:;JNN:7XA\4ZS"S&@H\]
M13IQO)*=N>$N5SV<;R?N0YV^7D5^6,Y.,K>?@O%K*J]*%3%9)G^#]KB\?0A'
MZOA:TH4<)5PWLL1B*/UJEC*'M\)BZ6(E!X24*56EC,)3KXBK0IRQ']458WB#
MQ!I/A?2KC6M;NUL["WDM+?>5>6:ZOM1O+?3=*TNPM8E>YU#5M8U2\L])T;2[
M.*:_U75;VSTZPM[B\NH(7_/'_@GQ_P`%$=!_;MO?CAH^F^$-/\.ZA\&)_A9J
M']L^'M7\:ZMX4\8>$_C-X4U'QAX*U;1S\2/A?\'?'%K<V]CI=]8ZE_:/@6VT
M75A%9>(_"&LZ[X;UJPO!]5_M#?%OX<_!?PGH?C;XD?$/X?\`@&PT_P`6:<^E
M1?$;XC^$/AEI/C"^CL]0>_\`#&EZQXVU/2-"U+Q./#W]LZ]X7T2[U+3K6[\1
M:)I<NHZMHNEV]]J]CKB*M:6#K5<#&5:M[.;I*%"KB)IKXZD<+32K8B5&*E5^
MK4TJM?D]C3:G.+/TK(<URK/<-A,RPF*53*\35K06(GS8.,OJV)JX2O%U,73@
MJ$?K%"I16)J0=!*V(BZE#EE+^>K]I#_@Y=\,^`?CI\4?V?/V:_V-_P!H']HW
MXP_`OXE^-OAC\4/AG)X<M?#]G)/X"\2:KX-\3>)_"OQ*^&^N_&[5Y8M(\765
MAH\>A:Q\$;/2-9M;ZZU.#XA:=<VVE:+XA^IOV)?^"\WP#_:9U;P7\)/B]X>U
M7]G#]K?Q/KNK6VL?LI^-_#/Q5L/'>AZ),1?^#;OPAXAUSX<Z1X8^*=[KGAVZ
ML-:?2+>Y\$>+[^WBU1?"O@CQ#=_\(_8^(E\3^'OV+?B'\7OCAX0_8ATGX5W/
MQI^.'A_0_P!KSX]^)_@GH:ZIKGB+4M<T/P[I/PWUGQ=XFN+>U^'G@_QEXPM-
M>U?X@>'_``-XC\5^$+WQ%JFK>+_C#'X;U/Q'XK^(?BG5O"/V8?C7_P`$P-;^
M,%K\3/CGXW^"MU^UO_P3LN_'/PFMO%OC3Q7IGP[\:^#_`!CXHM[3PEXR\*>'
MM*OM=\.>'?B9X?M-<U3Q7I.B>*+_`/X2[P1X`U?6/$-]X0\6PIK&O^*KKY_"
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MQOKJ&R>WL[F2+-_9M\1^$/%GP(^%VO\`@3QCX(\>^%[WPG8+I_B7X:WUK??#
M^>:S,ECJFE>#C:22+8>'?#6K6U]X:TK0KESJ7ARTTB+0-6"ZIIMXH_E?_P"#
MCGX@^+;[]I?X'?"BXU=AX#\-_`ZU^(6E:*L,4<4/BWQOX^\<^&_$.K74\,7V
MN^:71OA]X:M+.&ZDN(M,6"_?38;:75]3:[^HPZKRI4?K5)X?$NE3>)H23C*A
M7Y%[6DXR]Y.G4YH-.[36I^?5/9*I-4:BK4>>7LJL=JM+F?LZBMI:<+27DS])
M)O\`@XF_8?COI;./X>_M-SP)=R6R:I'X&^&BZ?-$DQB2_1)OC#%JBV<J`7")
M+ID=^(2!)8I<9MQ^IO[(?[47A;]L7X(Z!\>/`_ASQ!X7\*>)=0U_3=-TSQ6^
MFCQ"EQX;UW4=!U%KVWTB[U+3H89+FP,MDT&J73S02@SQVLB>6W\N_P"WYX(_
M9$_9U77_`-E&Q\$:;X)^''@2[^%/@K5?BO\`#WPY\(/$W[4?B3^SK7PC\6/'
M&N^&OBUXA^'UIXPTCX[>-;CQ;=^%_$>G_P#"7-\,_@[\-]-\-^,FTKP[<^,/
MA7\$?BU_1+_P3=_:*^"O[37P'\2_$#X#_#?Q-\+O!UK\8/'>E:IX?\5WT&H:
MIJ'C758="\?>+?$S7,&LZX)!X@U/QLU]=/+>B:;5&U"X>%/.#R<&79FLREF'
ML\#CL+1P.85\NAB,9"E2AF$\+RPQ&)P,85JM26#C7Y\/"M7AAYU:U"NZ=*5!
M4JU7V,WR2>34<IE7Q^`Q&)S3+J&:2P.#J5:U?+<+C(0K8&&8R=*%&EB\7AIQ
MQ<<+2J5ITL-4P]2LX2KQ@OT`HHHKTCQ`HHHH`*_.[]HCXW_\);)\7/A2?V,9
M/VMO`_@CQWX0^$&M^#[I?#VNG4_C3XA\`>`_C+X4O_$GA#QEX3O_``)H?P'T
M/0/B#X+'B;XS7WC&^\8^"_&$EX(_@U?>&],M_&EV45])PS2HSQ>*Q%2FZD\#
M@X8S#VKXG#N&(CF.7T(U%5PE?#XB+C"O4<73K0<9<LD[Q1\EQAB*]+`83#T:
MD:<,QQ\L#BN;#X3%*>&GEN95YTW1QN'Q6&DISP]-252A4C*'-%JTF?+GP,^&
M'PW_`&<M.\6_$+]G/_@F)X)\-?$[P7=Q6^O6VK^-O&>J_$_PSX\U32_AW=^/
MH_!WCCQ!\'OB!?O\&[+X9?$/4M=\/W/PK\0:AX\^(,^G3>`M%_9XMO%=WXNT
MOPA^P7@'7=4\0^$]!U#7[";3?$KZ+H,GB:Q?1-8T&VM-?O\`0-*UC4;73[76
MO-N)+.VFU/[,3%?:FEE=PW>D7=^^K:;J,,!17I<459XV*QF*G7Q&,:PTI8O%
MXW,,?B90GA<+-4'6S#%XJ?L*<Z]65.,6IWE[\YJ,5'Q>#(K!U9X#"PPN%P$7
MBHPP."R_+<NPD*E/%XJF\3&AEN#P<'B*L,/2C5E)2A:/[NG3<I-_C_\`\%,/
M^"1WBO\`;\^*_AWXI^%/VFK;X'MI/PNTCX8ZQX;N/A'<>/D\0VNC>,O$OC&V
MOWUF+XG>#XK.`W?B"%'TJX\/:PAN=(L=0AO890(T^7_A3_P;\>-/AYH/B?1+
MC_@H)\2HK77_``IX@\/0Z=X`^'&H>`M$,GBI?#\7B*W\5:7'\8=;M_%WA;7K
M;POX?@\0^&HX_#AUT:#H#7FJ^5HEC;QE%?DF*X/X<QF+K8[$9=&>*KR<ZM98
MG&4I3E)6;:I8B$=5T223U2OJ?V%P]])[QSX6X<ROA/(^.ZV$X>R7#TL+EF6U
MLCX9S"CA,-1J>TI482S+)<94E&,OM5)SJ2A^YG.5&U,^E_!W_!+/]I+P3J^J
MWVD?ML^#H&U75]=\6-JVF?LF^%?".NV7C[6?A+XL^#%OXZT^_P#`/Q(\):O%
MK^A>$?'/BJ^T:&?Q#<^&_P#A--<U?QWK'AS5_%>L:QJ=_P#K3\$OA#X0^`?P
ME^'_`,&_`=L]OX5^'?AG3O#>F27$5A#?ZD]K'OU+7]8_LRST^PGU_P`2:K+?
M>(/$-[:V-I'?ZYJ>H7WV>)KAD!17?EV1Y;E4I3P5*M&<U.+GB,;C<;*,:DH2
MJ1IRQN(Q#IQG*E2=14W'VGLJ?/S>SA;Y#COQ?X]\2*&&PO%>9977PN&J8:O'
M#9-PKPGPIAZ^(P=+%T,'B,90X5R3)J6.K8.CF&/IX.6+A6^IQQ^.6%5'ZYB?
M:\A\9_V6O@-^T+XF^&/BOXS_``]TOX@ZA\(I/B!_PAMAX@N=2NO#/V3XI^";
M[X=_$#2/$WA`7B^%_&VA>)_!^HW>C:CHGC#2-<TM[:60):H99O,U/'/[.7P6
M^(_AR?PKXM\!:/=:3<ZU\+]?N#HRS^#M3GO_`(*>-_#GQ%^%*RZYX+F\.ZRU
MAX&\6^$?#=_HNEF__LX6VE)I5W:W6E75_9W917H5,-0JN3J4H5.=*,N>*ES1
M6T7>_NJ[LMM9.UY2O^6K#X=.M)4**EB)*>(DJ5/FKS5*-!2K/EO5DJ$(44ZG
M,_90A3^",8KJ&^%OA=X(;=[WQZT4#0/'GXK_`!3WAK9UDA+2_P#"9>=)L=%.
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M_M&^*)/'VH7&E_'_`,,ZSXB^(F@?#/XY?#*P_P"$$U3P-8^#])\=_LT>&/AS
MX7\>WOP&UV(VL(_9L^/&B?%CX5?$F/\`X)V?'[Q_X;^%7Q?^/WCS2/AY\0#^
MS?XG\:KX8\;?";Q+X8^%/AS3OVG]=^/FI_%FWA\-?&&_O?CE=V>K:9K=SX4\
M7?$B^O\`PWXCUK7O@OX,U[QT45^@/'4G&-:IEV%JXN.$KX6ICJF)SAXK$4,3
MA*>$JQKR6:1I3J^Q24,4J4<92E>5+$0<ZG/^;0RJHL3[.&:9A3P:Q%'$4\OA
M2RE8.C5P^+EBJ3HP>5NK"FJTFWA_:O#35N>C)QBU^AG_``0L_91^.G[(W[,?
MQS\&_'SP9=>!_$'Q`_:_^*GQ8\(:9J.F?#7PWJ>H?#WQ!X&^$_AS0=<U+P-\
M)/%'C#P%\-[O5+_PCK4K?#SP]KU[IGA2)(=.TJ6;1TTZYGZ#_@K+_P`$PW_;
ML\+^&?B!\,-5T?PW^T+\,]-N-&T4Z^1:>'/B)X*NK\ZE-X,\0:O;V-YJ6CZE
MH=]<:EK/@7546?1X=0U?Q!HFNV$5MXFA\5>$"BOS_-\?7S+-,=C\0J<:^)Q-
M2I45*+A3YK\KY8.4G%-*]N9ZMVLK)?J&!P\,+@\-AZ;DX4J-.$7-J4K**?O-
M)7>N]C\B/'GP-_X+?_$+X&>./V1-4_9F\!:+\'/&VOCQ8_A;P:G[-O@[2?#<
M'_">P?$R30_#_B30/'MC83QWOCB`>(]9U+Q/J/B7XB>(]5GU#4?$?BG5K[5-
M4NKS]RO^"3/['WQ._8I_9:NOAC\7K[PS<>-?%7Q)UOXFWNG>%=0N=6LO#<'B
M'PIX)T6'PW?ZI/965O?:WIK^&9CJLVDB\T5;F<PZ7JFK6D4>HW)17G-Z)622
1['8VVVVVVW=MZMM[MON?_]D_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
