<SEC-DOCUMENT>0001127602-19-035264.txt : 20191217
<SEC-HEADER>0001127602-19-035264.hdr.sgml : 20191217
<ACCEPTANCE-DATETIME>20191217182156
ACCESSION NUMBER:		0001127602-19-035264
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20191216
FILED AS OF DATE:		20191217
DATE AS OF CHANGE:		20191217

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Gouvalaris Geoffrey
		CENTRAL INDEX KEY:			0001796889

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35362
		FILM NUMBER:		191290841

	MAIL ADDRESS:	
		STREET 1:		400 1ST AVENUE
		CITY:			NEEDHAM
		STATE:			MA
		ZIP:			02494

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TripAdvisor, Inc.
		CENTRAL INDEX KEY:			0001526520
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
		IRS NUMBER:				800743202
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		400 1ST AVENUE
		CITY:			NEEDHAM
		STATE:			MA
		ZIP:			02494
		BUSINESS PHONE:		781-800-5800

	MAIL ADDRESS:	
		STREET 1:		400 1ST AVENUE
		CITY:			NEEDHAM
		STATE:			MA
		ZIP:			02494
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2019-12-16</periodOfReport>

    <issuer>
        <issuerCik>0001526520</issuerCik>
        <issuerName>TripAdvisor, Inc.</issuerName>
        <issuerTradingSymbol>TRIP</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001796889</rptOwnerCik>
            <rptOwnerName>Gouvalaris Geoffrey</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>400 1ST AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEEDHAM</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02494</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOther>1</isOther>
            <otherText>Chief Accounting Officer</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>560</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>59.61</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2017-02-15</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2026-02-22</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, Par Value $.001 Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1480</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1480</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>93.42</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2015-02-15</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2024-02-15</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, Par Value $.001 Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>425</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>425</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>93.42</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2015-02-15</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2024-02-21</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, Par Value $.001 Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>930</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>930</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>38.15</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2019-02-15</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2028-02-22</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, Par Value $.001 Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3144</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3144</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>86.36</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2016-02-15</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2025-02-26</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, Par Value $.001 Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>423</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>423</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>41.77</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2014-02-15</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2023-02-27</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, Par Value $.001 Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2732</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2732</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>39.31</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2018-06-15</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2027-02-27</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, Par Value $.001 Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1961</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1961</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>50.63</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2020-02-15</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2029-02-27</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, Par Value $.001 Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3360</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3360</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>39.31</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2018-02-15</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2027-02-27</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, Par Value $.001 Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>4114</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4114</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>36.70</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2013-02-15</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2022-05-04</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, Par Value $.001 Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>5000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Restricted Stock Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2017-02-15</value>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2020-02-16</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>639</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>639</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Restricted Stock Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2019-02-15</value>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2022-02-16</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2616</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2616</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Restricted Stock Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2018-02-15</value>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2021-02-16</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2155</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2155</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Restricted Stock Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2018-06-15</value>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2021-06-16</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1782</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1782</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Restricted Stock Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2020-02-15</value>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2023-02-16</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3628</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3628</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Date at which first vesting occurs is indicated. One-fourth of the total number of stock options vest on the first vesting date and an additional one-fourth vest on each anniversary thereafter, until the stock options are fully vested.</footnote>
        <footnote id="F2">Date at which first vesting occurs is indicated. One-fourth of the total number of RSUs vest on the first vesting date and an additional one-fourth vest on each anniversary thereafter, until the RSUs are fully vested.  Upon vesting, shares will be issued on a one-for-one basis.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Linda C. Frazier, attorney in fact</signatureName>
        <signatureDate>2019-12-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>doc1.htm
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>
<HTML><HEAD><TITLE>Geoff Gouvalaris  POA</TITLE></HEAD><BODY style="font-family:Bookman Old Style"><TABLE CELLSPACING="0" BORDER="0" WIDTH="588"><TR><TD VALIGN="TOP" COLSPAN="3"><H1 ALIGN="RIGHT" STYLE="font-size:140%">EXHIBIT 24</H1></TD></TR><TR height="10"><td><div /></td></TR><TR height="10"><td><div /></td></TR><TR><TD VALIGN="TOP" COLSPAN="3"><H1 ALIGN="center" STYLE="font-size:140%">Tripadvisor, Inc.</H1><H2 ALIGN="CENTER" STYLE="font-size:120%">Power of Attorney<BR />
							for Executing Forms 3, 4 and 5</H2></TD></TR><TR height="10"><td><div /></td></TR><TR><TD VALIGN="TOP" COLSPAN="3"><dd />Know
								all men by these presents, that the undersigned, director or officer, or
								both, of Tripadvisor, Inc., hereby constitutes
								and appoints each of Linda C Frazier, Seth J. Kalvert,
								signing singly, the undersigned's true and lawful attorney-in-fact to:
						</TD></TR><TR height="10"><td><div /></td></TR><TR><TD WIDTH="16%" VALIGN="TOP" ALIGN="center">
								(1)
						</TD><TD WIDTH="84%" VALIGN="TOP" COLSPAN="2">
								execute for and on behalf of the undersigned, in the undersigned's capacity
								as an officer and/or director of Tripadvisor, Inc. (the "Company"),
								Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange
								Act of 1934 and the rules thereunder;
						</TD></TR><TR height="10"><td><div /></td></TR><TR><TD WIDTH="16%" VALIGN="TOP" ALIGN="center">
								(2)
						</TD><TD WIDTH="84%" VALIGN="TOP" COLSPAN="2">
							do and perform any and all acts for and on behalf of the undersigned which may
							be necessary or desirable to complete and execute any such Form 3, 4 or 5 and
							timely file such form with the United States Securities and Exchange Commission
							and any stock exchange or similar authority; and
						</TD></TR><TR height="10"><td><div /></td></TR><TR><TD WIDTH="16%" VALIGN="TOP" ALIGN="center">
								(3)
						</TD><TD WIDTH="84%" VALIGN="TOP" COLSPAN="2">
							take any other action of any type whatsoever in connection with the foregoing
							which, in the opinion of such attorney-in-fact, may be of benefit to, in the
							best interest of, or legally required by, the undersigned, it being understood
							that the documents executed by such attorney-in-fact on behalf of the undersigned
							pursuant to this Power of Attorney shall be in such form and shall contain such
							terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's
							discretion.
						</TD></TR><TR height="10"><td><div /></td></TR><TR><TD VALIGN="TOP" COLSPAN="3"><dd />The
								undersigned hereby grants to each such attorney-in-fact full power and authority
								to do and perform any and every act and thing whatsoever requisite, necessary,
								or proper to be done in the exercise of any of the rights and powers herein
								granted, as fully to all intents and purposes as the undersigned might or could
								do if personally present, with full power of substitution or revocation, hereby
								ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's
								substitute or substitutes, shall lawfully do or cause to be done by virtue of
								this power of attorney and the rights and powers herein granted. The undersigned
								acknowledges that the foregoing attorneys-in-fact, in serving in such capacity
								at the request of the undersigned, are not assuming, nor is the Company assuming,
								any of the undersigned's responsibilities to comply with Section 16 of the Securities
								Exchange Act of 1934.
						</TD></TR><TR height="10"><td><div /></td></TR><TR><TD VALIGN="TOP" COLSPAN="3"><dd />This
								Power of Attorney shall remain in full force and effect until the undersigned
								is no longer required to file Forms 3, 4 and 5 with respect to the
								undersigned's holdings of and transactions in securities of Tripadvisor, Inc.
								unless earlier revoked by the undersigned in a signed writing
								delivered to the foregoing attorneys-in-fact.
						</TD></TR><TR height="10"><td><div /></td></TR><TR><TD VALIGN="TOP" COLSPAN="3"><dd />IN
								WITNESS WHEREOF, the undersigned has executed this Power of Attorney as of this 16<sup>th</sup>
								day of December, 2019</TD></TR><TR height="10"><td><div /></td></TR></TABLE><table border="0" width="100%" cellpadding="1" WIDTH="588"><tr><td rowspan="2" width="64%" /><td style="border-bottom: solid black 1px" width="36%">
						/s/ Geoff Gouvalaris</td></tr><tr><td>Geoff Gouvalaris</td></tr></table></BODY></HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
