<SEC-DOCUMENT>0001193125-14-040679.txt : 20140605
<SEC-HEADER>0001193125-14-040679.hdr.sgml : 20140605
<ACCEPTANCE-DATETIME>20140207160759
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001193125-14-040679
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20140207

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MARINEMAX INC
		CENTRAL INDEX KEY:			0001057060
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-AUTO & HOME SUPPLY STORES [5531]
		IRS NUMBER:				593496957
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		18167 US 19 N
		STREET 2:		SUITE 499
		CITY:			CLEARWATER
		STATE:			FL
		ZIP:			33764
		BUSINESS PHONE:		8135311700

	MAIL ADDRESS:	
		STREET 1:		18167 US 19 N
		STREET 2:		SUITE 499
		CITY:			CLEARWATER
		STATE:			FL
		ZIP:			33764
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML><HEAD>
<TITLE>CORRESP</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g670201g59p39.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">February&nbsp;7, 2014 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>VIA EDGAR </U></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities and Exchange Commission </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Division of Corporation Finance </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">100 F Street, NE </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Washington, D.C. 20549 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Attention: William H. Thompson,
Accounting Branch Chief </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">Re:</TD>
<TD ALIGN="left" VALIGN="top">MarineMax, Inc. </TD></TR></TABLE> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">Form 10-K for the Fiscal Year Ended September&nbsp;30, 2013
</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">Filed December&nbsp;6, 2013 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">Definitive Proxy Statement filed on Schedule 14A </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">Filed January&nbsp;10, 2014 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">File No.&nbsp;001-14173 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Dear
Mr.&nbsp;Thompson: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">On behalf of MarineMax, Inc. (&#147;MarineMax&#148;), I am writing in response to the comments set forth in your letter dated
January&nbsp;24, 2014 (the &#147;Comment Letter&#148;). For the convenience of the Staff of the Division of Corporation Finance (the &#147;Staff&#148;) of the Securities and Exchange Commission (the &#147;SEC&#148;), the Staff&#146;s comment is
repeated below, along with MarineMax&#146;s response to the comment set forth immediately following the comment. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I><U>Comment #1 </U></I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I><U>Item&nbsp;7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations, page 45 </U></I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I><U>Application of Critical Accounting Policies, page 46 </U></I></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><I>1.</I></TD>
<TD ALIGN="left" VALIGN="top"><I>Your disclosure of critical accounting policies should supplement, not duplicate, the description of accounting policies that are disclosed in the notes to financial statements. Rather, you should provide an analysis
of the uncertainties associated with the methods, assumptions and estimates underlying your critical accounting measurements to provide greater insight into the quality and variability of information regarding your financial condition and operating
performance. When critical accounting estimates and assumptions are based on matters that are highly uncertain, you should also provide an analysis of their specific sensitivity to change based on other outcomes that are reasonably likely to occur.
In future filings, please revise your disclosures accordingly. Please show us what the revisions would look like. </I></TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities and Exchange Commission </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">February 7, 2014 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Page
 2
 of 11 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I><U>Response to Comment #1 </U></I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">MarineMax will review and revise the applicable disclosures in future filings in accordance with the Staff&#146;s comment. MarineMax proposes to revise its
critical accounting policies to read as follows in future filings (subject to future revisions based on future potential changes in MarineMax&#146;s critical accounting policies or underlying business): </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Application of Critical Accounting Policies </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We have
identified the policies below as critical to our business operations and the understanding of our results of operations. The impact and risks related to these policies on our business operations is discussed throughout Management&#146;s Discussion
and Analysis of Financial Condition and Results of Operations when such policies affect our reported and expected financial results. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">In the ordinary
course of business, we make a number of estimates and assumptions relating to the reporting of results of operations and financial condition in the preparation of our financial statements in conformity with accounting principles generally accepted
in the United States. We base our estimates on historical experiences and on various other assumptions that we believe are reasonable under the circumstances. The results form the basis for making judgments about the carrying values of assets and
liabilities that are not necessarily readily apparent from other sources. Actual results could differ significantly from those estimates under different assumptions and conditions. We believe that the following discussion addresses our most critical
accounting policies, which are those that are most important to the portrayal of our financial condition and results of operations and require our most difficult, subjective, and complex judgments, often as a result of the need to make estimates
about the effect of matters that are inherently uncertain. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Revenue Recognition </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We recognize revenue from boat, motor, and trailer sales and parts and service operations at the time the boat, motor, trailer, or part is delivered to or
accepted by the customer or the service is completed. We recognize deferred revenue from service operations and slip and storage services on a straight-line basis over the term of the contract or when service is completed. We recognize commissions
earned from a brokerage sale at the time the related brokerage transaction closes. We recognize commissions earned by us for placing notes with financial institutions in connection with customer boat financing when we recognize the related boat
sales. We recognize marketing fees earned on credit life, accident, disability, gap, and hull insurance products sold by third-party insurance companies at the later of customer acceptance of the insurance product as evidenced by contract execution
or when the related boat sale is recognized. We also recognize commissions earned on extended warranty service contracts sold on behalf of third-party insurance companies at the later of customer acceptance of the service contract terms as evidenced
by contract execution or recognition of the related boat sale. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities and Exchange Commission </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">February 7, 2014 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Page
 3
 of 11 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Certain finance and extended warranty commissions and marketing fees on insurance products may be charged
back if a customer terminates or defaults on the underlying contract within a specified period of time. Based upon our experience of terminations and defaults, we maintain a chargeback allowance that was not material to our financial statements
taken as a whole as of September&nbsp;30, 2012 or 2013. Should results differ materially from our historical experiences, we would need to modify our estimate of future chargebacks, which could have a material adverse effect on our operating
margins. We do not believe there is a reasonable likelihood that there will be a change in the future estimates or assumptions we use to calculate our estimate of future chargebacks which would result in a material effect on our operating results.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Vendor Consideration Received </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We account for
consideration received from our vendors in accordance with FASB Accounting Standards Codification 605-50, &#147;Revenue Recognition&#151;Customer Payments and Incentives&#148; (&#147;ASC 605-50&#148;). ASC 605-50 requires us to classify interest
assistance received from manufacturers as a reduction of inventory cost and related cost of sales as opposed to netting the assistance against our interest expense incurred with our lenders. Pursuant to ASC 605-50, amounts received by us under our
co-op assistance programs from our manufacturers are netted against related advertising expenses. Our consideration received from our vendors contains uncertainties because the calculation requires management to make assumptions and to apply
judgment regarding a number of factors, including our ability to collect amounts due from vendors and the ability to meet certain criteria stipulated by our vendors. We do not believe there is a reasonable likelihood that there will be a change in
the future estimates or assumptions we use to calculate our vendor considerations which would result in a material effect on our operating results. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Inventories </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Inventory costs consist of the amount
paid to acquire inventory, net of vendor consideration and purchase discounts, the cost of equipment added, reconditioning costs, and transportation costs relating to acquiring inventory for sale. We state new and used boat, motor, and trailer
inventories at the lower of cost, determined on a specific-identification basis, or market. We state parts and accessories at the lower of cost, determined on an average cost basis, or market. We utilize our historical experience, the aging of the
inventories, and our consideration of current market trends as the basis for determining a lower of cost or market valuation allowance. Our lower of cost or market valuation allowance contains uncertainties because the calculation requires
management to make assumptions and to apply judgment regarding the amount at which the inventory will ultimately be sold which considers forecasted market trends, model changes, and new product introductions. We do not believe there is a reasonable
likelihood that there will be a change in the future estimates or assumptions we use to calculate our lower of cost or market valuation allowance which would result in a material effect on our operating results. As of September&nbsp;30, 2012 and
2013, our lower of cost or market valuation allowance was $2.8 million and $1.8 million, respectively. If events occur and market conditions change, causing the fair value to fall below carrying value, the lower of cost or market valuation allowance
could increase. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities and Exchange Commission </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">February 7, 2014 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Page
 4
 of 11 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Goodwill </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We account for goodwill in accordance with FASB Accounting Standards Codification 350, &#147;Intangibles&#151;Goodwill and Other&#148; (&#147;ASC 350&#148;),
which provides that the excess of cost over net assets of businesses acquired is recorded as goodwill. The acquisitions of Bassett Marine, LLC and Parker Boat Company resulted in goodwill of $802,000. In accordance with ASC 350, we review goodwill
for impairment at least annually and whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Our annual impairment test is performed during the fourth fiscal quarter. If the carrying amount of goodwill
exceeds its fair value we would recognize an impairment loss in accordance with ASC 350. As of September&nbsp;30, 2013, and based upon our most recent analysis, we determined through our qualitative assessment that it is not &#147;more likely than
not&#148; that the fair values of our reporting units are less than their carrying values. As a result, we were not required to perform the two-step goodwill impairment test. The qualitative assessment requires us to make judgments and assumptions
regarding macroeconomic and industry conditions, our financial performance, and other factors. We do not believe there is a reasonable likelihood that there will be a change in the judgments and assumptions used in our qualitative assessment which
would result in a material effect on our operating results. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Impairment of Long-Lived Assets </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">FASB Accounting Standards Codification 360-10-40, &#147;Property, Plant, and Equipment&#151;Impairment or Disposal of Long-Lived Assets&#148; (&#147;ASC
360-10-40&#148;), requires that long-lived assets, such as property and equipment and purchased intangibles subject to amortization, be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset
may not be recoverable. Recoverability of the asset is measured by comparison of its carrying amount to undiscounted future net cash flows the asset is expected to generate. If such assets are considered to be impaired, the impairment to be
recognized is measured as the amount by which the carrying amount of the asset exceeds its fair market value. Estimates of expected future cash flows represent our best estimate based on currently available information and reasonable and supportable
assumptions. Our impairment loss calculations contain uncertainties because they require us to make assumptions and to apply judgment in order to estimate expected future cash flows. Any impairment recognized in accordance with ASC 360-10-40 is
permanent and may not be restored. Based upon our most recent analysis, we believe no impairment of long-lived assets existed at September&nbsp;30, 2013. We do not believe there is a reasonable likelihood that there will be a change in the future
estimates or assumptions used to test for recoverability which would result in a material effect on our operating results. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities and Exchange Commission </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">February 7, 2014 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Page
 5
 of 11 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Stock-Based Compensation </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We account for our stock-based compensation plans following the provisions of FASB Accounting Standards Codification 718, &#147;Compensation&nbsp;&#151; Stock
Compensation&#148; (&#147;ASC 718&#148;). In accordance with ASC 718, we use the Black-Scholes valuation model for valuing all stock-based compensation and shares purchased under our Employee Stock Purchase Plan. We measure compensation for
restricted stock awards and restricted stock units at fair value on the grant date based on the number of shares expected to vest and the quoted market price of our common stock. For restricted stock units with market conditions, we utilize a Monte
Carlo simulation embedded in a lattice model to determine the fair value. We recognize compensation cost for all awards in operations, net of estimated forfeitures, on a straight-line basis over the requisite service period for each separately
vesting portion of the award. Our valuation models and generally accepted valuation techniques require us to make assumptions and to apply judgment to determine the fair value of our awards. These assumptions and judgments includes estimating the
volatility of our stock price, expected dividend yield, employee turnover rates and employee stock option exercise behaviors. We do not believe there is a reasonable likelihood that there will be a change in the future estimates or assumptions we
use to calculate our stock-based compensation which would result in a material effect on our operating results. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I>Income Taxes </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We account for income taxes in accordance with FASB Accounting Standards Codification 740, &#147;Income Taxes&#148; (&#147;ASC 740&#148;). Under ASC 740, we
recognize deferred tax assets and liabilities for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. We measure
deferred tax assets and liabilities using enacted tax rates expected to apply to taxable income in the years in which we expect those temporary differences to be recovered or settled. We record valuation allowances to reduce our deferred tax assets
to the amount expected to be realized by considering all available positive and negative evidence. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to ASC 740, we must consider all positive and
negative evidence regarding the realization of deferred tax assets, including past operating results and future sources of taxable income. Under the provisions of ASC 740-10, we determined that our net deferred tax asset needed to be fully reserved
given recent earnings and industry trends. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The application of income tax law is inherently complex. Laws and regulations in this area are voluminous and
are often ambiguous. As such, we are required to make subjective assumptions and judgments regarding our effective tax rate and our income tax exposure. Our effective income tax rate is affected by changes in tax law in the jurisdictions in which we
currently operate, tax jurisdictions of new retail locations, our earnings, and the results of tax audits. We believe that the judgments and estimates discussed herein are reasonable. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I><U>Comment #2 </U></I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I><U>Consolidated Financial
Statements, page F-1 </U></I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I><U>Consolidated Statements of Operations, page F-5 </U></I></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><I>2.</I></TD>
<TD ALIGN="left" VALIGN="top"><I>We note your disclosure on page 11 regarding the percentages of your revenue generated by each product and service category. Please tell us your consideration of separately disclosing net sales from tangible products
and services and the amount of cost of tangible products sold and cost of services in accordance with Rule 5-03 of Regulation S-X. Please also tell us your consideration of disclosing the amounts of revenues for each product and service category as
opposed to percentages of revenue generated by each product and service category. Refer to ASC 280-10-50-40. </I></TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities and Exchange Commission </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">February 7, 2014 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Page
 6
 of 11 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I><U>Response to Comment #2 </U></I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Under Rule 5-03 of Regulation S-X, &#147;each class which is not more than 10 percent of the sum of the items may be combined with another class.&#148; Because
revenue associated with services provided is less than 10 percent of total revenues, we have combined this revenue with revenue associated with tangible products; gross sales less discounts, returns and allowances. We will continue to monitor our
percentage of revenue associated with services and modify our disclosures as appropriate should we exceed the 10 percent threshold. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">While not required in
the financial statements, we have disclosed in our Form 10-K on pages 9 through 14, under the &#147;Products and Services&#148; section, the percentage of revenue attributable to various products and services, including Maintenance, Repair, and
Storage Services at 7.6% of revenue. We will disclose the amounts of revenue in addition to the percentages of revenue in future filings. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I><U>Comment #3 </U></I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I><U>Consolidated Statements
of Cash Flows, page F-7 </U></I></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><I>3.</I></TD>
<TD ALIGN="left" VALIGN="top"><I>We note the payment terms of the amended credit facility disclosed in note 7. Please tell us why proceeds from borrowings and debt payments qualify for net reporting. Please refer to ASC 230-10-45-7 through 9.
</I></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I><U>Response to Comment #3 </U></I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The borrowing and repayments related to Amended Credit Facility originate and are repaid based on inventory purchases and sales. ASC 230-10-45-8 indicates that
for certain items, net presentation is acceptable if &#147;the turnover is quick, the amounts are large, and the maturities are short.&#148; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Because we
incur borrowings on the majority of our new and used inventory, we would expect gross repayments to approximate the same as we are required to repay amounts borrowed once our inventory is sold. The result would be gross borrowings and repayments on
our Amended Credit Facility to be approximately $270 million annually. We believe in this instance, the net presentation of these balances is more meaningful to the reader of the financial statements and net reporting is appropriate under the
guidance of ASC 230-10-45-7 through 230-10-45-9. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Finally, these borrowings and repayments are occurring on a daily basis as new and used inventory is
purchased from manufacturers and sold to customers. We do not believe the knowledge of gross receipts and payments related to our Amended Credit Facility are either necessary or particularly helpful for the reader of our financial statements to
understand our operating, investing and financing activities. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities and Exchange Commission </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">February 7, 2014 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Page
 7
 of 11 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I><U>Comment #4 </U></I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I><U>Other Long-Term Assets, page F-14 </U></I></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><I>4.</I></TD>
<TD ALIGN="left" VALIGN="top"><I>Please tell us your consideration of disclosing the amount of equity in earnings or losses of Gulfport included in selling, general and administrative expenses as contemplated by Rule 5-03(b)12 of Regulation S-X.
</I></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I><U>Response to Comment #4 </U></I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Rule 5-03(b)(12) of Regulation S-X states: &#147;<B>Equity in earnings of unconsolidated subsidiaries and 50 percent or less owned persons</B>. State,
parenthetically or in a note, the amount of dividends received from such persons. If justified by the circumstances, this item may be presented in a different position and a different manner (see Rule 4-01(a)).&#148; Rule 4-01(a) of Regulation S-X
states: &#147;Financial statements should be filed in such form and order, and should use such generally accepted terminology, as will best indicate their significance and character in the light of the provisions applicable thereto&#133;.&#148; Rule
4-02 of Regulation S-X states: &#147;If the amount which would otherwise be required to be shown with respect to any item is not material, it need not be separately set forth. The combination of insignificant amounts is permitted.&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As a result of the combination of these rules, Rule 5-03(b)(12) effectively establishes a presumption that equity in the earnings of an affiliate will be
presented as part of non-operating income or loss while also permitting an issuer to present such earnings in a different position (i.e. operating income or loss) if justified by the circumstances. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The operations of Gulfport are managed in the same way MarineMax manages its own assets, and such operations are integrated into MarineMax&#146;s operations
and internal reporting model. MarineMax participates with Brunswick Corporation in strategic operating and capital expenditure decisions of Gulfport and actively reviews Gulfport&#146;s operational results. The financial and operating performance
reviews and related materials reviewed by MarineMax&#146;s Chief Operating Decision Maker (&#147;CODM&#148;) include Gulfport&#146;s results, which indicates the CODM views Gulfport to be integrated into MarineMax&#146;s business. Therefore,
MarineMax believes that the equity in the earnings of Gulfport may be presented as a component of operating income. MarineMax believes that including equity earnings and related impairments in selling, general, and administrative expenses
(&#147;SG&amp;A&#148;) on its statement of operations aligns the character of this income with its operational nature. The amounts are immaterial to MarineMax&#146;s consolidated SG&amp;A. In addition, the amounts associated with these investments
and where they are reported on the face of the MarineMax&#146;s financial statements are clearly disclosed in the notes to the consolidated financial statements for each period presented. Please see the table below. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="63%"></TD>
<TD VALIGN="bottom" WIDTH="27%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">For&nbsp;the&nbsp;year&nbsp;ended&nbsp;September&nbsp;30,&nbsp;2013</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Equity earnings</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">328,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Total SG&amp;A</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">132,505,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Equity earnings as a % of SG&amp;A</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.25</TD>
<TD NOWRAP VALIGN="bottom">%&nbsp;</TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities and Exchange Commission </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">February 7, 2014 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Page
 8
 of 11 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">MarineMax does not believe that its equity in earnings from Gulfport have a material financial impact on its
SG&amp;A or disclosures, and including these amounts in SG&amp;A does not significantly impact the evaluation of its performance by MarineMax&#146;s investors. Furthermore, MarineMax&#146;s current expectation is that equity in earnings from
Gulfport will decline in future years and continue to represent less of a percentage of its SG&amp;A in future periods. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I><U>Comment #5
</U></I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I><U>Net Income (Loss) Per Share, page F-20 </U></I></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><I>5.</I></TD>
<TD ALIGN="left" VALIGN="top"><I>Please tell us how you treat restricted stock awards in your computations of basic and diluted income (loss) per share. Please also tell us your consideration of disclosing the share amount effects of restricted
stock awards in accordance with ASC 260-10-50-1a. </I></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I><U>Response to Comment #5 </U></I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">MarineMax confirms that non-vested restricted stock awards were properly included in the reconciliation of the basic and diluted per-share computations.
MarineMax proposes to revise the applicable footnote to read as follows in future filings (subject to future revisions based on the amounts in the future periods covered): </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Basic income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the period. Diluted
income (loss) per share is calculated similarly, except that the calculation includes the dilutive effect of stock options and non-vested restricted stock awards. The following is a reconciliation of the shares used in the denominator for
calculating basic and diluted net income (loss) per share for the fiscal years ended September&nbsp;30, </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="64%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2011</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2012</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Weighted average common shares outstanding used in calculating basic income (loss) per share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22,375,271</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22,740,986</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23,253,992</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Effect of dilutive options and non-vested restricted stock awards</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">594,932</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">749,736</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Weighted average common and common equivalent shares used in calculating diluted income (loss) per share</P></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22,375,271</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23,335,918</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24,003,728</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE="border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">During the fiscal years ended September&nbsp;30, 2012 and 2013, there were 1,546,207 and 1,728,042 weighted average shares of
options outstanding, respectively, that were not included in the computation of diluted income (loss) per share because the options&#146; exercise prices were greater than the average market price of our common stock, and therefore, their effect
would have been anti-dilutive. For the fiscal year ended September&nbsp;30, 2011, no options or non-vested restricted stock awards were included in the computation of diluted loss per share because we reported a net loss and the effect of their
inclusion would have been anti-dilutive. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities and Exchange Commission </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">February 7, 2014 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Page
 9
 of 11 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I><U>Comment #6 </U></I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I><U>Commitments and Contingencies, page F-20 </U></I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I><U>Other Commitments and Contingencies, page F-21 </U></I></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><I>6.</I></TD>
<TD ALIGN="left" VALIGN="top"><I>Please tell us your consideration of providing a reconciliation of the beginning and ending liability balances related to store closings and lease terminations. Please refer to ASC 420-10-50-1b.2.
</I></TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I><U>Response to Comment #6 </U></I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">MarineMax believes it appropriately included in its &#147;Commitments and Contingencies&#148; footnote the required disclosures under ASC 420-10-50-1 and did
not include a reconciliation of the beginning and ending liability balances related to store closings and lease terminations because these liability balances are immaterial. Please see the table below. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="64%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">September&nbsp;30,&nbsp;2012</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">September&nbsp;30,&nbsp;2013</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exit or Disposal Liability</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">266,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">172,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Total Liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">164,177,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">160,090,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">% of Total Liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.16</TD>
<TD NOWRAP VALIGN="bottom">%&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.11</TD>
<TD NOWRAP VALIGN="bottom">%&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">MarineMax&#146;s current expectation is that the liability balance will decline in future years and continue to represent less
of a percentage of its liabilities in future periods. MarineMax will, however, include the reconciliation of the beginning and ending liability balances in future filings if these balances become material. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I><U>Comment #7 </U></I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I><U>Definitive Proxy
Statement filed on Schedule 14A </U></I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I><U>Incentive Compensation, page 14 </U></I></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><I>7.</I></TD>
<TD ALIGN="left" VALIGN="top"><I>We note that you have not disclosed the actual quantitative individual performance objectives to be achieved for each named executive officer to earn their incentive compensation. If you omitted this information
because you believe it would result in competitive harm as provided under Instruction 4 to Item&nbsp;402(b), please tell us your reasons. If disclosure of the performance-related factors would cause competitive harm, please discuss how difficult it
will be for the executive or how likely it will be for the registrant to achieve the target levels or other factors. Please also discuss any discretion that may be exercised in granting such awards absent attainment of the stated performance goal.
Please see Instruction 4 to Item&nbsp;402(b) of Regulation S-K. </I></TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities and Exchange Commission </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">February 7, 2014 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Page
 10
 of 11 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><I><U>Response to Comment #7 </U></I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">MarineMax believes that the disclosure of actual quantitative individual performance objectives for each named executive officer would cause MarineMax
competitive harm. As a result, the objectives were not disclosed in MarineMax&#146;s proxy statement under Instruction 4 to Item&nbsp;402(b). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Individual
objectives often go to the core of MarineMax&#146;s corporate strategies, such as a reduction of inventory, a reduction of SG&amp;A, an increase in gross margin, and an increase in market share for certain brands. Quantitative disclosure of these
objectives, in MarineMax&#146;s opinion, would result in competitive harm with competitors, suppliers, and employees. For example, it would be harmful for a competitor to know that MarineMax wanted to encourage reducing inventory by a specific
amount or increase margin by a specific percentage. It would also be harmful, for example, if a supplier knew that a particular executive was incentivized to drive sales of a particular product. In addition, MarineMax believes the disclosure of
these objectives would not meaningfully improve the quality of disclosure to investors given the proxy statement&#146;s disclosure of, among other items: the narrative description of these objectives; the narrative description of the achievement (or
lack thereof) of these objectives; and the quantitative weight assigned to each objective for purposes of calculating the incentive compensation payments. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">MarineMax believes that the proxy statement contained disclosure about the achievability of the goals and objectives, including in the &#147;Overview and
Philosophy,&#148; &#147;Cash Incentive Compensation,&#148; and &#147;Fiscal 2013 Compensation &#151; Incentive Compensation&#148; sections of the proxy statement&#146;s Compensation, Discussion&nbsp;&amp; Analysis. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Discretion to grant awards absent attainment of the stated performance goal does not exist. Discretionary bonuses not related to the stated performance goals
may be granted and have been disclosed as discretionary bonuses in the past. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;* </I></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>MarineMax acknowledges the following: </I></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><I>&#149;</I></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><I></I><I>MarineMax is responsible for the adequacy and accuracy of the disclosure in its Commission filings; </I></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><I>&#149;</I></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><I></I><I>Staff comments or changes to disclosure in response to Staff comments do not foreclose the Commission from taking any action with respect to the filing; and </I></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><I>&#149;</I></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><I></I><I>MarineMax may not assert Staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. </I></TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities and Exchange Commission </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">February 7, 2014 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Page
 11
 of 11 </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">MarineMax believes that the foregoing responds fully to each of the questions in the Staff&#146;s
January&nbsp;24, 2014 Comment Letter. Please let us know if you have any questions about our responses.<B> </B> </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">Respectfully submitted,</TD></TR>
<TR>
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">MarineMax, Inc.</TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Michael H. McLamb</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top">Michael H. McLamb</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top">Chief Financial Officer</TD></TR>
</TABLE></DIV> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">cc:</TD>
<TD ALIGN="left" VALIGN="top">William H. McGill, Jr., Chief Executive Officer, MarineMax, Inc. </TD></TR></TABLE> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Paulee Day, General Counsel,
MarineMax, Inc. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Robert J. Grammig, Esq., Holland&nbsp;&amp; Knight LLP </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Steven W. McMullen, Partner, KPMG LLP </P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g670201g59p39.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g670201g59p39.jpg
M_]C_X``02D9)1@`!`@$!+`$L``#_X0SK17AI9@``34T`*@````@`!P$2``,`
M```!``$```$:``4````!````8@$;``4````!````:@$H``,````!``(```$Q
M``(````4````<@$R``(````4````AH=I``0````!````G````,@```$L````
M`0```2P````!061O8F4@4&AO=&]S:&]P(#<N,``R,#$T.C`R.C`W(#`T.C0W
M.C4W``````.@`0`#`````0`!``"@`@`$`````0```-"@`P`$`````0```$4`
M````````!@$#``,````!``8```$:``4````!```!%@$;``4````!```!'@$H
M``,````!``(```(!``0````!```!)@("``0````!```+O0````````!(````
M`0```$@````!_]C_X``02D9)1@`!`@$`2`!(``#_[0`,061O8F5?0TT``?_N
M``Y!9&]B90!D@`````'_VP"$``P("`@)"`P)"0P1"PH+$14/#`P/%1@3$Q43
M$Q@1#`P,#`P,$0P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P!#0L+#0X-
M$`X.$!0.#@X4%`X.#@X4$0P,#`P,$1$,#`P,#`P1#`P,#`P,#`P,#`P,#`P,
M#`P,#`P,#`P,#`P,#/_``!$(`"H`@`,!(@`"$0$#$0'_W0`$``C_Q`$_```!
M!0$!`0$!`0`````````#``$"!`4&!P@)"@L!``$%`0$!`0$!``````````$`
M`@,$!08'"`D*"Q```00!`P($`@4'!@@%`PPS`0`"$0,$(1(Q!4%181,B<8$R
M!A21H;%"(R054L%B,S1R@M%#!R624_#A\6-S-1:BLH,F1)-49$7"HW0V%])5
MXF7RLX3#TW7C\T8GE*2%M)7$U.3TI;7%U>7U5F9VAI:FML;6YO8W1U=G=X>7
MI[?'U^?W$0`"`@$"!`0#!`4&!P<&!34!``(1`R$Q$@1!46%Q(A,%,H&1%*&Q
M0B/!4M'P,R1BX7*"DD-3%6-S-/$E!A:BLH,')C7"TD235*,79$55-G1EXO*S
MA,/3=>/S1I2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&UN;V)S='5V=WAY>GM\?_
MV@`,`P$``A$#$0`_`/1.O]0_9W2,G*:8L:S;5_QC_P!'5_TW+A?JMBD_6'`8
M[4-:;Q_5]-_IN/\`6W-<MOZ[6OS<SI_0J3[[GBRSRW'T:C_99]HM_P"MK./4
M:NF=>ZQGM:T?9*_LV)6?WP*L>H!O[E;,=[K53S2!R@D^G&0/^[F[?)8Y0Y2<
M8B\G,PG+QX3*/+X?\:63))M_77JS\F]W2L4_H<5OK9SAQNEOHTN_J.L9_P!=
MLI0.EYHZ#]7'YS&[NH=5L+<-D22UGZ*M^S\YK'.?9_PGK55_GK/ZEC6X.#CX
M62YPSNI/^VY[R"7M$EN-4YH^DYKGWY%C-O\`2%?P.E=7ZUD#JN$]F#3B11T\
M6M+BVNH;&;&N#F^W_"6._P`/_P`6F\4CD)`)G6@'Z%_][#_GLWMX8<M"$I1&
M`2XISEI'F##Y8^GB_GL__MOB9_5FMW2^N]0^VOWOQ,-UF2^=QW.-.1=[OSW-
M_.<J./1TO.PLWJ_5\TTYEMECZ<:M[-Y)^@WT7!]CO?\`HV?\$J^0_.9E=3PW
MEV3GYCV8CK@T@/(>/4X:UNU^RJK^HM7ZS="P,&KIN#A4QG9=C:[,D;B2!MJ<
MY_YK=]US+$!9B:%QA>DOWIRX8_X2\D1RQXIF.3F!`<>(1_FL&/W<LO7\F.<I
M?^-M0MZF.@X71;"]E_5LG?74\F:Z&^FULM=[ZV/R/UC9_HV(/U@C(OS+\<QA
M](]'!I'C!<W3^VRS_P`#6G;G.?UKJO72'&KI%1QL.03-KIQZSQ^D;ZAOL?\`
M\:FR.E.Q?J"?4!-V197DVZ2[](]C6_RMWH[$C&Q("Z`/^+C],?\`&GQHAEX)
MXY2`C+)DA$Q'^=YJ4<N7_P`*Y;V<?_5&]]8+6]5Z]T[I,C[-0/MN83]':!N`
M?_UMNS_T(6)19T7J^=F]0ZSFNQ!=8#C,9]+TP-K=\UV^UM7I-_K^HG&3D-Z5
MU+J]H(RNJ.;@T`-.E;&C[0Z(^AZ;/2_KL5[H67]6K*\/I;^EV9&78!79=90P
M@N/NM>ZQ[M_I,]W_`%I$GCGK7J/%4NOZ&,?]TLC$X,)X1,^V/:XL/#Q0/\_S
M63BG_K/U7_4FMUG&P\3#PND])>^]G47C,=99])[2&UXHT97^B_PGT/\`!K2^
MH0KJP,_-L<&U^H`YYT`;4SU"[_P59K;1G=5ZOUAD#'Z=CVMQ2W1H.Q^+BAH_
M=V^O;_;0,)V1D='P_JY@D>MU&U]V4[]RIKMC19_6;3ZKO^MU_P"'2B0,G&!T
M(@!_X7'A_O23DQRGRQPRE1)A+/DEO#BXN9R\?^RPPQ-?K&;E]:SQEM:0W*?Z
M&!6>=K7"MOM_EVV?I/\`A/T?^"7H5#NG=&P\?#MR*J&55AC/4>UF[:`'O]Y'
MYWTUQ_3OL+OK#=F'V=*Z%5%1.HBJ::M?S[+[W9.0W_2V*AUC[5U*H=<S`6#-
MR!CX5!UVTM#G$_Y__;EGJV?Z-&$^`2G\TI'_`)L?FE_C?*MSX!S!PX;]G#CB
M.GJ]S+_-8O\`:0P_K,CZ.[.PF7MQWWU-O?&RDO:'F?H[:YW>Z$KL["Q[&57Y
M%55ED;&/>UKG2=HV-<=SO<N1^O#JL/JW3>H5EIR*07.K)UVU.;;471[O3W>J
MQ:/U?Z#<_(/7NL$7=1O]U3>6TL(]@9_PFS_MK_MRQ3C)(S,`-8G?IPN:>4QQ
MY>&><R(SB:A7KEF$N'AC_J_]8__0ZKHV%F9GUJS>KYF/9355+,3U6ED@_H&.
M8'?NT,?N_P##"H="Z!EYO7;L_J./91CU7/O#;6EIL>Y[GTAN[_!U_P`X_P#Z
MTNZ24/L1TLDU(S_O2DW?](9!Q\,1'CQPP1J_U>/'^Y_>>1Z5@YN=];<KJV91
M;31C[AC&UA9NYQZ=F_\`X+UK?^NKK83K`^L?UQZ;T(>B?UK/(EN)60"`>'Y%
MFK:*_P#P1_\`@ZE+BQ'6,;D9$R/U:_,<P<IC*0$(PA''&(VC"#N665U5NLM>
M&5L$O>X@-`'+G./T5RG5/\9'1<1SJ\%C^HV-TW5PRG3_`+L6?3_ZS5:N"ZSU
M_JO7+-_4;MU8,UXK/;2SX5:^H_\`X6[>]4:C0+JG9+2[';8PWM')J#FFYO\`
MVUN5R'*@:S-^`:<LW2.GB^D](Z]]=^M,&5B=/PL7"=K79E/M!>W_`(+TQO>W
M_A?195^XNLH-YI8<AK67$#U&UN+F@]]CW-K<YO\`UM*BRFRFNR@M=2]H=4YD
M%I81+',V^W9M1%6E($Z1$?)F`KK:T+/Z_=E4](R3AUONR7L-=3*VESMS_P!'
MOAO^CW>HM%),(L$75KX2$9QD0)<)!X3M*NCQ=/1\K#^I&12S'L=FYI:]]#6D
MO`+V,8PL^E[,=GO4^C=+S.C]"R^IC'L?U7)86T4M:38QI]M+2S][?^L7_P#J
M-=BDHAAB"""?3'AC_P!]_>;<OB&249Q(!&7+[V3?U#T_J?\`9^A\XZ;T'JV4
MRGI1QKL/'?8;\S(M86[M@V4,;N^GZ?\`@Z_]-;ZW^"5CKGU:SNG_`&0XK\KJ
M;6N+A66E[*_3V.8UK*_H>I]%=^DF_=H<-6;_`'F0_%LWN"8C$1U,L?2<I?I2
MG\[PV7]6<ZSHV9U/.8_*ZSE&NP5-!<ZMFYNZBMC?S_2/O_T?\W7_`*2SI_JZ
M_)=T7$&56^F^NL5O98TM<#7^BW%I_?:S>M))20Q1C*Q>U'Q_2XO[S7S<Y/-C
M]N8&D^.)'^3CP\'M0C_F_2__T?557SNH873\=V3G7LQZ6\OL,#^JW]]W\AJL
M+R7Z\?\`BGN^7]._JM_Y._[K?^C$8\-^JZ\$&^GXNI]8?\8U^0'8O0FNHJ,A
MV;8(L(_[K4N_FMW^EO\`TG_`L7%&2YSG$N>\ESWN)+G..KGO>[W/>Y'_`/81
M+_V#5[#[?#Z/K^]_A-;)Q7ZO[$"2/_[!I?\`L&I5C=Z/]9>M]%'IX%_ZO.XX
MMK?4JGOL;+;*=T_X&RM='C_XTLQK8RNFLL=W=5<6#_,LJL_\^+C_`/V#2_\`
M8-0Y/8OUU?X_\UDA[E>FZ>\J_P`:>$?Y[IV0S^H^M_\`U3JE99_C.Z`Z-]&7
M7YFMKA_X%:]>=?\`L&E_[!J$_=_'Z6R#W?!]0J_QA?51X]V6^H^%E-H_$5N:
MKE/UO^J]_P!#J>./)[Q7_P"?=B\C_P#81,[C_M'\TP^STX_^:N_6?U?Q?:Z>
MJ],O_F,RBV>-EC'?]2Y6001(U'B%X&_G_O-^?*L8/TQ]#G_M%RF$8^AE]G_H
M2?5V'VONJ2\^Z/\`1;_XH?[/\VN]H_F*_I_1;_.?3X_PG_"?OIIKHNU?_]G_
M[1&Z4&AO=&]S:&]P(#,N,``X0DE-!"4``````!``````````````````````
M.$))30/M```````0`2P````!``(!+`````$``CA"24T$)@``````#@``````
M```````_@```.$))300-```````$````'CA"24T$&0``````!````!XX0DE-
M`_,```````D```````````$`.$))300*```````!```X0DE-)Q````````H`
M`0`````````".$))30/U``````!(`"]F9@`!`&QF9@`&```````!`"]F9@`!
M`*&9F@`&```````!`#(````!`%H````&```````!`#4````!`"T````&````
M```!.$))30/X``````!P``#_____________________________`^@`````
M_____________________________P/H`````/______________________
M______\#Z`````#_____________________________`^@``#A"24T$"```
M````$`````$```)````"0``````X0DE-!!X```````0`````.$))300:````
M``.)````!@``````````````10```-`````J`$T`80!R`&D`;@!E`$T`80!X
M`"``+0`@`%,`10!#`"``0P!O`&T`;0!E`&X`=``@`$P`90!T`'0`90!R`"``
M4@!E`',`<`!O`&X`<P!E`',`,``Q`````0`````````````````````````!
M``````````````#0````10`````````````````````!````````````````
M`````````!`````!````````;G5L;`````(````&8F]U;F1S3V)J8P````$`
M``````!28W0Q````!`````!4;W`@;&]N9P``````````3&5F=&QO;F<`````
M`````$)T;VUL;VYG````10````!29VAT;&]N9P```-`````&<VQI8V5S5FQ,
M<P````%/8FIC`````0``````!7-L:6-E````$@````=S;&EC94E$;&]N9P``
M```````'9W)O=7!)1&QO;F<`````````!F]R:6=I;F5N=6T````,15-L:6-E
M3W)I9VEN````#6%U=&]'96YE<F%T960`````5'EP965N=6T````*15-L:6-E
M5'EP90````!);6<@````!F)O=6YD<T]B:F,````!````````4F-T,0````0`
M````5&]P(&QO;F<``````````$QE9G1L;VYG``````````!"=&]M;&]N9P``
M`$4`````4F=H=&QO;F<```#0`````W5R;%1%6%0````!````````;G5L;%1%
M6%0````!````````37-G951%6%0````!```````&86QT5&%G5$585`````$`
M``````YC96QL5&5X=$ES2%1-3&)O;VP!````"&-E;&Q497AT5$585`````$`
M``````EH;W)Z06QI9VYE;G5M````#T53;&EC94AO<GI!;&EG;@````=D969A
M=6QT````"79E<G1!;&EG;F5N=6T````/15-L:6-E5F5R=$%L:6=N````!V1E
M9F%U;'0````+8F=#;VQO<E1Y<&5E;G5M````$453;&EC94)'0V]L;W)4>7!E
M`````$YO;F4````)=&]P3W5T<V5T;&]N9P`````````*;&5F=$]U='-E=&QO
M;F<`````````#&)O='1O;4]U='-E=&QO;F<`````````"W)I9VAT3W5T<V5T
M;&]N9P``````.$))3004```````$`````CA"24T$#``````+V0````$```"`
M````*@```8```#\````+O0`8``'_V/_@`!!*1DE&``$"`0!(`$@``/_M``Q!
M9&]B95]#30`!_^X`#D%D;V)E`&2``````?_;`(0`#`@("`D(#`D)#!$+"@L1
M%0\,#`\5&!,3%1,3&!$,#`P,#`P1#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,
M#`P,#`$-"PL-#@T0#@X0%`X.#A04#@X.#A01#`P,#`P1$0P,#`P,#!$,#`P,
M#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,_\``$0@`*@"``P$B``(1`0,1`?_=
M``0`"/_$`3\```$%`0$!`0$!``````````,``0($!08'"`D*"P$``04!`0$!
M`0$``````````0`"`P0%!@<("0H+$``!!`$#`@0"!0<&"`4###,!``(1`P0A
M$C$%05%A$R)Q@3(&%)&AL4(C)!52P6(S-'*"T4,')9)3\.'Q8W,U%J*R@R9$
MDU1D1<*C=#87TE7B9?*SA,/3=>/S1B>4I(6TE<34Y/2EM<75Y?569G:&EJ:V
MQM;F]C='5V=WAY>GM\?7Y_<1``("`0($!`,$!08'!P8%-0$``A$#(3$2!$%1
M87$B$P4R@9$4H;%"(\%2T?`S)&+A<H*20U,58W,T\24&%J*R@P<F-<+21)-4
MHQ=D154V=&7B\K.$P]-UX_-&E*2%M)7$U.3TI;7%U>7U5F9VAI:FML;6YO8G
M-T=79W>'EZ>WQ__:``P#`0`"$0,1`#\`]$Z_U#]G=(R<IIBQK-M7_&/_`$=7
M_3<N%^JV*3]8<!CM0UIO']7TW^FX_P!;<URV_KM:_-S.G]"I/ON>++/+<?1J
M/]EGVBW_`*VLX]1JZ9U[K&>UK1]DK^S8E9_?`JQZ@&_N5LQWNM5/-('*"3Z<
M9`_[N;M\ECE#E)QB+R<S"<O'A,H\OA_QI9,DFW]=>K/R;W=*Q3^AQ6^MG.'&
MZ6^C2[^HZQG_`%VRE`Z7FCH/U<?G,;NZAU6PMPV1)+6?HJW[/SFL<Y]G_">M
M57^>L_J6-;@X./A9+G#.ZD_[;GO()>T26XU3FCZ3FN??D6,V_P!(5_`Z5U?K
M60.JX3V8-.)%'3Q:TN+:ZAL9L:X.;[?\)8[_``__`!:;Q2.0D`F=:`?H7_WL
M/^>S>WAART(2E$8!+BG.6D>8,/ECZ>+^>S_^V^)G]6:W=+Z[U#[:_>_$PW69
M+YW'<XTY%WN_/<W\YRHX]'2\["S>K]7S33F6V6/IQJWLWDGZ#?1<'V.]_P"C
M9_P2KY#\YF5U/#>79.?F/9B.N#2`\AX]3AK6[7[*JOZBU?K-T+`P:NFX.%3&
M=EV-KLR1N)(&VISG_FMWW7,L0%F)H7&%Z2_>G+AC_A+R1'+'BF8Y.8$!QXA'
M^:P8_=RR]?R8YRE_XVU"WJ8Z#A=%L+V7]6R=]=3R9KH;Z;6RUWOK8_(_6-G^
MC8@_6",B_,OQS&'TCT<&D>,%S=/[;+/_``-:=N<Y_6NJ]=(<:ND5'&PY!,VN
MG'K/'Z1OJ&^Q_P#QJ;(Z4[%^H)]0$W9%E>3;I+OTCV-;_*W>CL2,;$@+H`_X
MN/TQ_P`:?&B&7@GCE(",LF2$3$?YWFI1RY?_``KEO9Q_]4;WU@M;U7KW3NDR
M/LU`^VYA/T=H&X!__6V[/_0A8E%G1>KYV;U#K.:[$%U@.,QGTO3`VMWS7;[6
MU>DW^OZB<9.0WI74NKV@C*ZHYN#0`TZ5L:/M#HCZ'IL]+^NQ7NA9?U:LKP^E
MOZ79D9=@%=EUE#""X^ZU[K'NW^DSW?\`6D2>.>M>H\52Z_H8Q_W2R,3@PGA$
MS[8]KBP\/%`_S_-9.*?^L_5?]2:W6<;#Q,/"Z3TE[[V=1>,QUEGTGM(;7BC1
ME?Z+_"?0_P`&M+ZA"NK`S\VQP;7Z@#GG0!M3/4+O_!5FMM&=U7J_6&0,?IV/
M:W%+=&@['XN*&C]W;Z]O]M`PG9&1T?#^KF"1ZW4;7W93OW*FNV-%G]9M/JN_
MZW7_`(=*)`R<8'0B`'_A<>'^]).3'*?+'#*5$F$L^26\.+BYG+Q_[+##$U^L
M9N7UK/&6UI#<I_H8%9YVM<*V^W^7;9^D_P"$_1_X)>A4.Z=T;#Q\.W(JH956
M&,]1[6;MH`>_WD?G?37'].^PN^L-V8?9TKH545$ZB*IIJU_/LOO=DY#?]+8J
M'6/M74JAUS,!8,W(&/A4'7;2T.<3_G_]N6>K9_HT83X!*?S2D?\`FQ^:7^-\
MJW/@','#AOV<..(Z>KW,O\UB_P!I##^LR/H[L["9>W'??4V]\;*2]H>9^CMK
MG=[H2NSL+'L95?D55661L8][6N=)VC8UQW.]RY'Z\.JP^K=-ZA66G(I!<ZLG
M7;4YMM1='N]/=ZK%H_5_H-S\@]>ZP1=U&_W5-Y;2PCV!G_";/^VO^W+%.,DC
M,P`UB=^G"YIY3''EX9YS(C.)J%>N682X>&/^K_UC_]#JNC869F?6K-ZOF8]E
M-54LQ/5:62#^@8Y@=^[0Q^[_`,,*AT+H&7F]=NS^HX]E&/5<^\-M:6FQ[GN?
M2&[O\'7_`#C_`/K2[I)0^Q'2R34C/^]*3=_TAD''PQ$>/'#!&K_5X\?[G]YY
M'I6#FYWUMRNK9E%M-&/N&,;6%F[G'IV;_P#@O6M_ZZNMA.L#ZQ_7'IO0AZ)_
M6L\B6XE9`(!X?D6:MHK_`/!'_P"#J4N+$=8QN1D3(_5K\QS!RF,I`0C"$<<8
MC:,(.Y99756ZRUX96P2][B`T`<N<X_17*=4_QD=%Q'.KP6/ZC8W3=7#*=/\`
MNQ9]/_K-5JX+K/7^J]<LW]1NW5@S7BL]M+/A5KZC_P#A;M[U1J-`NJ=DM+L=
MMC#>T<FH.:;F_P#;6Y7(<J!K,WX!IRS=(Z>+Z3TCKWUWZTP96)T_"Q<)VM=F
M4^T%[?\`@O3&][?^%]%E7[BZR@WFEAR&M9<0/4;6XN:#WV/<VMSF_P#6TJ+*
M;*:[*"UU+VAU3F06EA$L<S;[=FU$5:4@3I$1\F8"NMK0L_K]V53TC).'6^[)
M>PUU,K:7.W/_`$>^&_Z/=ZBT4DPBP1=6OA(1G&1`EPD'A.TJZ/%T]'RL/ZD9
M%+,>QV;FEKWT-:2\`O8QC"SZ7LQV>]3Z-TO,Z/T++ZF,>Q_5<EA;12UI-C&G
MVTM+/WM_ZQ?_`.HUV*2B&&((()],>&/_`'W]YMR^(9)1G$@$9<OO9-_4/3^I
M_P!GZ'SCIO0>K93*>E'&NP\=]AOS,BUA;NV#90QN[Z?I_P"#K_TUOK?X)6.N
M?5K.Z?\`9#BORNIM:XN%9:7LK]/8YC6LK^AZGT5WZ2;]VAPU9O\`>9#\6S>X
M)B,1'4RQ])RE^E*?SO#9?U9SK.C9G4\YC\KK.4:[!4T%SJV;F[J*V-_/](^_
M_1_S=?\`I+.G^KK\EW1<095;Z;ZZQ6]EC2UP-?Z+<6G]]K-ZTDE)#%&,K%[4
M?']+B_O-?-SD\V/VY@:3XXD?Y./#P>U"/^;]+__1]55?.ZAA=/QW9.=>S'I;
MR^PP/ZK?WW?R&JPO)?KQ_P"*>[Y?T[^JW_D[_NM_Z,1CPWZKKP0;Z?BZGUA_
MQC7Y`=B]":ZBHR'9M@BPC_NM2[^:W?Z6_P#2?\"Q<49+G.<2Y[R7/>XDN<XZ
MN>][O<][D?\`]A$O_8-7L/M\/H^O[W^$ULG%?J_L0)(__L&E_P"P:E6-WH_U
MEZWT4>G@7_J\[CBVM]2J>^QLMLIW3_@;*UT>/_C2S&MC*Z:RQW=U5Q8/\RRJ
MS_SXN/\`_8-+_P!@U#D]B_75_C_S62'N5Z;I[RK_`!IX1_GNG9#/ZCZW_P#5
M.J5EG^,[H#HWT9=?F:VN'_@5KUYU_P"P:7_L&H3]W\?I;(/=\'U"K_&%]5'C
MW9;ZCX64VC\16YJN4_6_ZKW_`$.IXX\GO%?_`)]V+R/_`-A$SN/^T?S3#[/3
MC_YJ[]9_5_%]KIZKTR_^8S*+9XV6,=_U+E9!!$C4>(7@;^?^\WY\JQ@_3'T.
M?^T7*81CZ&7V?^A)]78?:^ZI+S[H_P!%O_BA_L_S:[VC^8K^G]%O\Y]/C_"?
M\)^^FFNB[5__V0`X0DE-!"$``````%4````!`0````\`00!D`&\`8@!E`"``
M4`!H`&\`=`!O`',`:`!O`'`````3`$$`9`!O`&(`90`@`%``:`!O`'0`;P!S
M`&@`;P!P`"``-P`N`#`````!`#A"24T$!@``````!P`(`````0$`_^$22&AT
M='`Z+R]N<RYA9&]B92YC;VTO>&%P+S$N,"\`/#]X<&%C:V5T(&)E9VEN/2?O
MN[\G(&ED/2=7-4TP37!#96AI2'IR95-Z3E1C>FMC.60G/SX*/#]A9&]B92UX
M87`M9FEL=&5R<R!E<V,](D-2(C\^"CQX.GAA<&UE=&$@>&UL;G,Z>#TG861O
M8F4Z;G,Z;65T82\G('@Z>&%P=&L])UA-4"!T;V]L:VET(#(N."XR+3,S+"!F
M<F%M97=O<FL@,2XU)SX*/')D9CI21$8@>&UL;G,Z<F1F/2=H='1P.B\O=W=W
M+G<S+F]R9R\Q.3DY+S`R+S(R+7)D9BUS>6YT87@M;G,C)R!X;6QN<SII6#TG
M:'1T<#HO+VYS+F%D;V)E+F-O;2]I6"\Q+C`O)SX*"B`\<F1F.D1E<V-R:7!T
M:6]N(&%B;W5T/2=U=6ED.F-E8F,Q-S1B+3AF.#0M,3%E,RTY.3$T+60V,S4S
M-38W930R,"<*("!X;6QN<SIX87!-33TG:'1T<#HO+VYS+F%D;V)E+F-O;2]X
M87`O,2XP+VUM+R<^"B`@/'AA<$U-.D1O8W5M96YT240^861O8F4Z9&]C:60Z
M<&AO=&]S:&]P.F-E8F,Q-S0Y+3AF.#0M,3%E,RTY.3$T+60V,S4S-38W930R
M,#PO>&%P34TZ1&]C=6UE;G1)1#X*(#PO<F1F.D1E<V-R:7!T:6]N/@H*/"]R
M9&8Z4D1&/@H\+W@Z>&%P;65T83X*("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M"B`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`*("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@"B`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`*
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@(`H@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@"CP_>'!A8VME="!E;F0])W<G/S[_X@Q8
M24-#7U!23T9)3$4``0$```Q(3&EN;P(0``!M;G1R4D="(%A96B`'S@`"``D`
M!@`Q``!A8W-P35-&5`````!)14,@<U)'0@```````````````0``]M8``0``
M``#3+4A0("``````````````````````````````````````````````````
M`````````````!%C<')T```!4````#-D97-C```!A````&QW='!T```!\```
M`!1B:W!T```"!````!1R6%E:```"&````!1G6%E:```"+````!1B6%E:```"
M0````!1D;6YD```"5````'!D;61D```"Q````(AV=65D```#3````(9V:65W
M```#U````"1L=6UI```#^````!1M96%S```$#````"1T96-H```$,`````QR
M5%)#```$/```"`QG5%)#```$/```"`QB5%)#```$/```"`QT97AT`````$-O
M<'ER:6=H="`H8RD@,3DY."!(97=L971T+5!A8VMA<F0@0V]M<&%N>0``9&5S
M8P`````````2<U)'0B!)14,V,3DV-BTR+C$``````````````!)S4D="($E%
M0S8Q.38V+3(N,0``````````````````````````````````````````````
M````````````````````6%E:(````````/-1``$````!%LQ865H@````````
M`````````````%A96B````````!OH@``./4```.06%E:(````````&*9``"W
MA0``&-I865H@````````)*````^$``"VSV1E<V,`````````%DE%0R!H='1P
M.B\O=W=W+FEE8RYC:```````````````%DE%0R!H='1P.B\O=W=W+FEE8RYC
M:```````````````````````````````````````````````````````````
M``!D97-C`````````"Y)14,@-C$Y-C8M,BXQ($1E9F%U;'0@4D="(&-O;&]U
M<B!S<&%C92`M('-21T(``````````````"Y)14,@-C$Y-C8M,BXQ($1E9F%U
M;'0@4D="(&-O;&]U<B!S<&%C92`M('-21T(`````````````````````````
M````9&5S8P`````````L4F5F97)E;F-E(%9I97=I;F<@0V]N9&ET:6]N(&EN
M($E%0S8Q.38V+3(N,0``````````````+%)E9F5R96YC92!6:65W:6YG($-O
M;F1I=&EO;B!I;B!)14,V,3DV-BTR+C$`````````````````````````````
M`````'9I97<``````!.D_@`47RX`$,\4``/MS``$$PL``UR>`````5A96B``
M`````$P)5@!0````5Q_G;65A<P`````````!````````````````````````
M`H\````"<VEG(`````!#4E0@8W5R=@````````0`````!0`*``\`%``9`!X`
M(P`H`"T`,@`W`#L`0`!%`$H`3P!4`%D`7@!C`&@`;0!R`'<`?`"!`(8`BP"0
M`)4`F@"?`*0`J0"N`+(`MP"\`,$`Q@#+`-``U0#;`.``Y0#K`/``]@#[`0$!
M!P$-`1,!&0$?`24!*P$R`3@!/@%%`4P!4@%9`6`!9P%N`74!?`&#`8L!D@&:
M`:$!J0&Q`;D!P0')`=$!V0'A`>D!\@'Z`@,"#`(4`AT")@(O`C@"00)+`E0"
M70)G`G$">@*$`HX"F`*B`JP"M@+!`LL"U0+@`NL"]0,``PL#%@,A`RT#.`-#
M`T\#6@-F`W(#?@.*`Y8#H@.N`[H#QP/3`^`#[`/Y!`8$$P0@!"T$.P1(!%4$
M8P1Q!'X$C`2:!*@$M@3$!-,$X03P!/X%#04<!2L%.@5)!5@%9P5W!88%E@6F
M!;4%Q075!>4%]@8&!A8&)P8W!D@&609J!GL&C`:=!J\&P`;1!N,&]0<'!QD'
M*P<]!T\'80=T!X8'F0>L![\'T@?E!_@("P@?"#((1@A:"&X(@@B6"*H(O@C2
M".<(^PD0"24).@E/"60)>0F/":0)N@G/">4)^PH1"B<*/0I4"FH*@0J8"JX*
MQ0K<"O,+"PLB"SD+40MI"X`+F`NP"\@+X0OY#!(,*@Q##%P,=0R.#*<,P`S9
M#/,-#0TF#4`-6@UT#8X-J0W##=X-^`X3#BX.20YD#G\.FPZV#M(.[@\)#R4/
M00]>#WH/E@^S#\\/[!`)$"800Q!A$'X0FQ"Y$-<0]1$3$3$13Q%M$8P1JA')
M$>@2!Q(F$D429!*$$J,2PQ+C$P,3(Q-#$V,3@Q.D$\43Y10&%"<4211J%(L4
MK13.%/`5$A4T%585>!6;%;T5X!8#%B86219L%H\6LA;6%OH7'1=!%V47B1>N
M%](7]Q@;&$`891B*&*\8U1CZ&2`911EK&9$9MQG=&@0:*AI1&G<:GAK%&NP;
M%!L[&V,;BANR&]H<`APJ'%(<>QRC',P<]1T>'4<=<!V9'<,=[!X6'D`>:AZ4
M'KX>Z1\3'SX?:1^4'[\?ZB`5($$@;""8(,0@\"$<(4@A=2&A(<XA^R(G(E4B
M@B*O(MTC"B,X(V8CE"/"(_`D'R1-)'PDJR3:)0DE."5H)9<EQR7W)B<F5R:'
M)K<FZ"<8)TDG>B>K)]PH#2@_*'$HHBC4*08I."EK*9TIT"H"*C4J:"J;*L\K
M`BLV*VDKG2O1+`4L.2QN+*(LURT,+4$M=BVK+>$N%BY,+H(NMR[N+R0O6B^1
M+\<O_C`U,&PPI##;,1(Q2C&",;HQ\C(J,F,RFS+4,PTS1C-_,[@S\30K-&4T
MGC38-1,U336'-<(U_38W-G(VKC;I-R0W8#><-]<X%#A0.(PXR#D%.4(Y?SF\
M.?DZ-CIT.K(Z[SLM.VL[JCOH/"<\93RD/.,](CUA/:$]X#X@/F`^H#[@/R$_
M83^B/^)`(T!D0*9`YT$I06I!K$'N0C!"<D*U0O=#.D-]0\!$`T1'1(I$SD42
M155%FD7>1B)&9T:K1O!'-4=[1\!(!4A+2)%(UTD=26-)J4GP2C=*?4K$2PQ+
M4TN:2^),*DQR3+I-`DU*39--W$XE3FY.MT\`3TE/DT_=4"=0<5"[40914%&;
M4>92,5)\4L=3$U-?4ZI3]E1"5(]4VU4H5755PE8/5EQ6J5;W5T17DE?@6"]8
M?5C+61I9:5FX6@=:5EJF6O5;15N56^5<-5R&7-9=)UUX7<E>&EYL7KU?#U]A
M7[-@!6!78*I@_&%/8:)A]6))8IQB\&-#8Y=CZV1`9)1DZ64]99)EYV8]9I)F
MZ&<]9Y-GZ6@_:)9H[&E#:9II\6I(:I]J]VM/:Z=K_VQ7;*]M"&U@;;EN$FYK
M;L1O'F]X;]%P*W"&<.!Q.G&5<?!R2W*F<P%S77.X=!1T<'3,=2AUA77A=CYV
MFW;X=U9WLW@1>&YXS'DJ>8EYYWI&>J5[!'MC>\)\(7R!?.%]07VA?@%^8G["
M?R-_A'_E@$>`J($*@6N!S8(P@I*"](-7@[J$'82`A..%1X6KA@Z&<H;7ASN'
MGX@$B&F(SHDSB9F)_HIDBLJ+,(N6B_R,8XS*C3&-F(W_CF:.SH\VCYZ0!I!N
MD-:1/Y&HDA&2>I+CDTV3MI0@E(J4])5?E<F6-):?EPJ7=9?@F$R8N)DDF9"9
M_)IHFM6;0INOG!R<B9SWG62=TIY`GJZ?'9^+G_J@::#8H4>AMJ(FHI:C!J-V
MH^:D5J3'I3BEJ:8:IHNF_:=NI^"H4JC$J3>IJ:H<JH^K`JMUJ^FL7*S0K42M
MN*XMKJ&O%J^+L`"P=;#JL6"QUK)+LL*S.+.NM"6TG+43M8JV`;9YMO"W:+?@
MN%FXT;E*N<*Z.[JUNRZ[I[PAO)N]%;V/O@J^A+[_OWJ_]<!PP.S!9\'CPE_"
MV\-8P]3$4<3.Q4O%R,9&QL/'0<>_R#W(O,DZR;G*.,JWRS;+MLPUS+7--<VU
MSC;.ML\WS[C0.="ZT3S1OM(_TL'31-/&U$G4R]5.U='65=;8UUS7X-ADV.C9
M;-GQVG;:^]N`W`7<BMT0W9;>'-ZBWRG?K^`VX+WA1.',XE/BV^-CX^OD<^3\
MY83F#>:6YQ_GJ>@RZ+SI1NG0ZEOJY>MPZ_OLANT1[9SN*.ZT[T#OS/!8\.7Q
M<O'_\HSS&?.G]#3TPO50]=[V;?;[]XKX&?BH^3CYQ_I7^N?[=_P'_)C]*?VZ
M_DO^W/]M____[@`.061O8F4`9$`````!_]L`A``!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`@("`@("`@("`@(#`P,#`P,#
M`P,#`0$!`0$!`0$!`0$"`@$"`@,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P/_P``1"`!%`-`#`1$``A$!`Q$!_]T`
M!``:_\0!H@````8"`P$`````````````!P@&!00)`PH"`0`+`0``!@,!`0$`
M```````````&!00#!P((`0D`"@L0``(!`P0!`P,"`P,#`@8)=0$"`P01!1(&
M(0<3(@`(,11!,B,5"5%"%F$D,Q=2<8$88I$E0Z&Q\"8T<@H9P=$U)^%3-H+Q
MDJ)$5'-%1C='8RA55E<:LL+2XO)D@W23A&6CL\/3XRDX9O-U*CDZ2$E*6%E:
M9VAI:G9W>'EZA8:'B(F*E)66EYB9FJ2EIJ>HJ:JTM;:WN+FZQ,7&Q\C)RM35
MUM?8V=KDY>;GZ.GJ]/7V]_CY^A$``@$#`@0$`P4$!`0&!@5M`0(#$00A$@4Q
M!@`B$T%1!S)A%'$(0H$CD152H6(6,PFQ),'10W+P%^&"-"624QAC1/&BLB8U
M&50V160G"G.#DT9TPM+B\E5E=58WA(6CL\/3X_,I&I2DM,34Y/25I;7%U>7U
M*$=79CAVAI:FML;6YO9G=X>7I[?'U^?W2%AH>(B8J+C(V.CX.4E9:7F)F:FY
MR=GI^2HZ2EIJ>HJ:JKK*VNKZ_]H`#`,!``(1`Q$`/P#?V]L>?6^M:#^?9W8E
M5DNF?CUBJSTT$&0[0W?21L+B:?5@-G0SD<DI$F1E"_[4I_I[QN]_MY!;9N6E
M^(G6?V"G75;^[9]NJISS[FWB$,R_NZS)X$4+W9!_HUMQ^9ZI!^,^V'WG\BNB
M-K)$9OXWV]U[1R1*FI_`NZL7453!;&RQTL#EC^%O[@OEFT^NYCVJV!RMU$?V
M2*?\G713WLWL<L^TGN7O1%1;[!)#3_3PNO\`EZ^@3F*[&X?%93+Y6KAH,5BZ
M"MR>3KJE@M-14%#32U5;5SL>%AIZ>)G8G@*OOH(\L<(EEE-(E!+?8,G^77S,
MPV<NY7%K96\)DN)75$09+,Q"JH'J20!UHN_/GY89'Y>_(#/;XII)H>O=M"7:
M?5V*D](I]JT%0X_C<T2^B+(;HJD-7*/JD;1Q$_MCW@U[B\U3<W<R7U]G]UPU
MAB\_/'[3QZ^A_P"ZY[+K[&>UNT;)+8ZN==Q5;K<&Q^K<`56E/*UA(_.I\^K%
M?Y$G229_M;M#OW)TLDE)US@*;9&UW:-3#+N/>*O59F>)F'-3CL#CUCX(*+6&
M_P!?<C^PNSIN6Z[OS1*>Q(A%\L?/Y4ZQ6_O(O<6/9^2^2_;':S6/<KIMPF&,
MQ1T6`'TI.TK?8IZ1G\VWYBUGR/[5IOC9U#)5YG8'5F0RE7N6HPSFI@WIOS$4
M51-F)PL0\<V$V%0TU0BR:F0S^=_HBGV5^\'-QYDW)-BM%K;PL=5,UIG_`"?Y
M>C_[C_L>GM1R<?>+G&R\'F#=GA6W+]IBL9'5`37\5T[(Q!SH6,#B>AM_D`48
M?+_)[*Z1:/$=7T"2``W^YJ]W5```N"/VE-OS?V>?=\3Q9M_?^`K_`"-?\`Z`
MG]YGX-GMGM380?V<=UNK_M6R/^3HJWSVS^ZOG3_,23I3K:HHYXMM9&FZ5V9-
M4RS+AJ:KPBU61WON&N--%-)%009<57DD5&/AI%L"2+ACGZ6]Y[]PY=OV?_<B
M+],5SCS_`-GJ8?NS6FR_=L^ZQ=>Y'-A?ZBXA_>5VJJHD:1NVUB579%+M&05S
M6LN!T!_RO_EP=X?#G8V#[+WWNGK[/8#*[EIMLQR[,RV8?)X_+U5/55E&TU-E
M,5C':*2.AE]<3.4*W(`(/L/\X^V7,/)=G;;G>NK6QE48_B()'^#J2_97[W'M
ME[\<UW?*O*>S;I9;ZEC]4(KP0GQP"JR*C1S.0#K&"`"//'5A7QI^8'9&P_Y4
MO?V]-_[@R.XLIBMWY#I;IO,9^KJ*S*S56[L#CHOX7'DJAI*FHBVNN0JJN%G=
MV58M!-E`$E<I\W7]E[6;]=W_``UF.'RJ[*W[10=8D^Z_L'RCS)]\WVNY5Y1V
M;]WV]WM]ON.YPC@K6TDLI:@^'650>52U?/H-OY:--2?&KXA_+OYLY^)4KAMU
M^K^L'FLDM7E8459A1S.;L:O=F5H(FT\LM(_LK]KA_5ODGF;GO<1_C\L9C'V$
MDBGY_P"#H9_>_E;W<][_`&7]@;'-OXZ7M^*5`$C`,6ID4MT;C3XU/5*D5-FJ
M.3;N\<I!5&FS.X9ZJCRT^IH\IDL+E,?4YV2.9KF62"HKH_*>?5+_`%!]PCXT
MZF*[<?ISW2R*?M85ZZ%W$FS7-MOFP[6P)C@4RCS`DBTQ$_;&E/\`:=;P_P`U
M._*3H?X:[[[36:G&8K-A4N!V@DLOBEJMU;XQD>(PPIG`N):0USU9`^J4Y_I[
MSBYGW_\`<G)=[?#XS8+3TJ5\_7KYX/9'VVN/<CWVY:Y/@2MG^]C)<G^&UMY/
M$F/R^!0/F1U19_+&CIOC/\4OEG\X]Q0H:VFP+]<]:S5>D29+,4?CEGC@\A\C
MG([NRF/B>WU%._Y!]P/[6-)R]R=S+[@7P_4F&F,?)M5?YD?LZZ(_?&GD]VO?
MCV;^[MM7^XQO5O[WS"F0(H8@9&BTCD)-0.\'HB_Q6^!7?WS?QV_=\=>Y#9]%
M3;=W)%1;@RN]<GDL;_%]PYV.HS-:N/-#B\F:EZ?6)*AGTZ3.EKW-@)RKR-S!
MSQ!N%_8D+&DQXXJ7JV/6GGZ=9->[OWD?;+[N4_+_`"AS-M][/)+;-X(MX(9M
M,,#")-?BS1E:BBK0$-H)K7H_G2O\DKOW;7<'6>>[7W-U94=>X3>6$SFZJ/`9
MO-U^8K\9A:R/)-CZ&FJ\%0P.:^>E2*0M(H2)V/)`'N1>7O9'?TWO:+G=Y%.V
M03B0@$5U"A'[:#^?6+ON1_>&>VE[R/S'M7)>S[['S/=VDT%N6CA@@$DZ>%JD
M6.60DK&TDFK![%%*9Z(=_,U[W3O[Y@]F9O&U?W.U-BU,?6&SC#)KIVQ6T))J
M;(U</%M&1W"]7*+?5"O]/8!]TN8!S!SINC(/T[0_3C_:$G]M6ZR8^Y[[;M[9
M^PG)^V7,/A[I?JU_.M:T:XIX:_[6!8EIY&O1L/Y%6U'R_P`L-Z;J,>JEV7U!
MF!(]O\W5[ESN%Q]-S_JG@I9@/\/8N]@[7QN:=RF/%(!_E'^7J%O[QSF!MO\`
M9OES9:=E[OB5_P";$+2#^;CK9)^5GR%VO\6NC-\]O[C>&4X''/2[;Q+,@GW%
MN_)I+!M[!TZMRS55:0TG^HIXY'_'O)3FKF.TY<V2_P"8+X?V(*H/5N`_GUR9
M]GO;'>/=KW!Y=]O]CM#))<RIX[#\%JA_5<^FD5I7B:#SZT-=\[WW+V3O'='8
M.\\C-E=U;RS>0W#GLC.S%JC)9.I:>?1J)*4T.L1PK]$B15'`'O`6_OKO<[VZ
MW"^/^,S.7/\`MLK_`"IU]*'*_+.P\E\N;;ROM$/A[%MMNL42^BJ//YDU)/F3
M7K;E_DU]$MU-\2L?O;)4:0[E[RS-1ORJ,RA9TVY2!\1M&E*V#!&H8):L7^IJ
MK^\O_978UVCD_P#>;U#WS!^'D"5'7##[^?N3_7CWNOMHV]P=NV&U%K#D$>*:
M271!]3J52/(IU;XANBG^H]RR5TDJ/+K#HBF!US]ZZUU[W[KW7O?O,=>Z_]#?
MOJ*F"D@FJ:B:.""GBEGGFE<)'#!"ADEED8\*D:*22>`/:9V"*\C?"H)/Y9Z<
MC1Y9$AC4F5F"@#B230#[2>'6D#V%G,K\]?YAF2GQK256'W[VFF*Q32ZWAH.K
M=D!UEJM0UBGI(MK82>K.GTB2<G\^\);^2X]P/<`/;XM[DZF_HHF3]G:.N_\`
MRSM]G]VS[K&W&90+VVVCQI@:`ONERVA1\ZR.+8TKA0>E/_+<P4'8/\R'K6OH
M*)%Q>,WOV)OI*5(QX:/&8C&;BJ<<NE1H2.EDJ:>-;"PX_I[5^VD5G=^Y6VI:
M`A([F=_R`)!^SHE^]9O-[RU]T?>[3<QKWR?;MNM9/.IO&76"3^*D60<BN1GJ
MV[^=7\P9-@;"Q7Q@V%E6CW?V;1#)]B3XZ1A6XC8(F6.EPMX3Y(ZO>-9&5T`:
MC20./I(+RU[V<VOMEB.5]K--RNE+R9X*?(_-JX]?+K"C[@7L<.:.8KSWCYAV
M\-L.SMX>WZ@`LU^E'D))QHMH07U<-=,XZU_N_NJQT'MCJ_K7-0^+M#/;9INU
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M@]!Y\5OB[1=+?`CY-_*OL&7$+V7V-TGNG%=9XJLK*2?-[;V9FZ67'U&5F@EF
M>JIL]O6:K5SQY4HT4&QE8>RWE;E:VVCDCFSF?<IHVW.>V<H-0+`D4K3C4UI3
MSKT-_?+W<O\`W!^\A[1>R?)L=RO)NR\R6C7<@1UCN;B&1'\,D#2T5JJ%$.5)
M..'7'^5)VKC?C[\5?GQW37NL+[1Q>Q(,+>Q:HW%48/==#MJCC0E2[39W*4X-
MOHI)_'OWM5N2\N<G\_;TWPZX@/F3%3'S!-3TU]\[E*Z]R_>K[N?MU:PF1KVZ
MN9I!0D+$T]OX[-Z>'$CD^E,TZK=^)?R<WK\8^W<CWG@NN\7VAO"LQ.;Q,<^Y
MDS\U%C<CN*JAJ\WEHYL,/))E:I5:.[O=4F?ZZO<9\G\S;CR_NHY@V_9S>S,9
M.RAIW<6U`$5'$?RZRI]\?9SEWW8Y'L_;/=N=EV&QL[I+AXT>(,88QX-M"JNR
MADJOBDBH!^SHT6X_D!W'_-:^0?3_`$IVANS:/3NV:C-U\&WL+@L-FZS&4^5E
MIGFR,TJ33U-3D=SU&.H)(:1JQX:6%KKZ=;:A?>\Q;Y[K\P6.R;G+]'MLO88\
M\21CU)XBO4/;5[6<G?<B]J^=/=+E#E^YWKF%8D?ZN5HS%X+-H.H*:")F=0P6
MNJN*T'0J?S78-F]6CXW?`SHZFF3;_5V)&X,S0K(LM9GM^;^J8<=@JC.R0Z5K
M<]61++4N[KZ/OPJV4*`8^[BV^W_N'V^V.<M;VZ+5.)U$A1PR6()QQZ!WW*UW
MCFF'WA^\C[B3@W=^WAQ@U`%K:UF8PDX6%95BCTUQX1KY]*O^9VT/QY^-WQ$^
M!VTI@V3QF`HM^=B4%$%UY/<,I>CQHJC!;SR9/=V1R4J:P2PBB/X%EON7-'L.
MR<F>WME_;3%9)"/GVD$<1DUH>B[[GS3^X_N_[W_>9Y@KX+W#P618<(<F0`\/
MT[185-.!7/'H&_YEOQ_3XW=&?`_8!IX8LMB^M^Q)]U5$:!9*K>&:R6UMRY]I
MSI4L]/79-H$)%S'`/Z>P][A['%RYL'M[9)'1ULIU?%,ZU;/SJQ'Y=#/[H7N>
M?<GW#^\KO<[$[,UU;/;BM0+=$N+=-/H#0/3R+GUZ&C^;1WE5;]Z_^%_Q]VO5
M/6U^2ZQV%V9N3&TTI85F;W7MW%;>V+15<08WG7773(""1]PA_/LW]UM]>\L.
M2N7-O8_J6T*R#_FII51Z^1QU'_W&O;JUY?WWWW]T]Z`2UM[F]V^W)Q^G"[7%
MP<TQJ\``@\5<>1ZX_P`T":C^-WQ?^)GP9V]/#%68K;T?879D=+(H>MRD(:.%
MZWP$&=<ANS(9*=-8)9:>+^@]K/<V2+EKEGE[V^VMOU#$6D]*]NFOH<G]G2G[
MGT6X^[OO![V_>,WJ-P\L[VEBYCUA(F!.G631?#M(HT.FN3Y5R7[X]]Q?S-OC
MAUS2]?=*]3[XPVS9LC6;D19>C9\O59&OS:0335]1DZK&2SU8F@BC6*Y(6)%"
M^PUR[O/N=L&VQ;?M%M,(!DTM_$KZ&K4ICTZDSW,Y+^YU[N\WW7-?/O/UJ^[^
M$D*C]ZF/1%"-*H4`(!!K4>1X]6H]0?++Y>;4^&7RC^1'R]:IP.3PE"-F=.;9
MR.RZ78F<EW+E<=+CH\K]MX:6HJH9\UFJ7PD@^BBG8?2_N5]EYLYPM>4.9-XY
MM9EN`3%;AHA$?$*5!TCB"3\7RZPJYT]F_9G?/?KVH]LO8EUOK&ZE6:^E6Y:Y
M54CE+.NLJ`I$$<AH!Q9?7K7QZ1ZX?</6OR8[ES@6IQO5/6]-34]34AI?O=_]
MH[@H]JX0:I-2R5,%!-D:LDG4'16^OO'O8MJ-]8<P<P7/^YEM&7F)X&9B:Y.#
M50.NHON=S5^Z></9_P!O-@A6&^WG>HE`'`6&W+XU\<<-4D<:BN"*CJZ#_A/]
MMS3)\FMZ2(H5/]&^UJ>9N"75=S9>ICN?[.F2(GG^GN7_`+O<:G^L>YR8#QJ3
M\@:D_9PZP2_O-MWU77M1RZ+@F-6OYE3R!\2.-#_ME_P=%V_F/]Z[@^=?RVV3
M\7ND9'RFT]D;EJ-H8R:"4R8K.;\J9EAWCO*J*LT+X':6/I)$2=K*(:>>1;!Q
M<E]SM^W+G_F?:N3]G?\`W6?$_H0OQ''$#.>I"^ZA[<;+]W3V3YE]YO<6U\#>
M=S@2[8?Z(MGD6\"@T/BSS::H.[2XJ.VO5>TG6^%[@^5.V>B.IT>NVI5;\V_U
M)M;(*H2?+X3"UJ8O<&\ZME!LV;>"ORK,;Z(Y0OT06C<;9:[US/%R[MRGZ.2X
M2F*_V=%;AQ%5)^SK*2+F[=>1?8_F'W&Y]4+>-MTVX31`T$,L^LPVJZCCZ='M
M;=1PK'0=;C/R5^0W6_P9^.1W7D*2FDH]IXG&;+ZWV72SQ4]3N7-4M#'0X#!T
MH4:H*:.GI_+53!3X8(W;DE0<S>8]_P!MY$V!)[T_!$%B`'$A0`/\%?EUPF]J
M_;3FW[PGN?'R_"^JZOIVGO+@U(@$DA9I&IYM7M!(JV!P/5:GQ(_G"[_^2_R`
MZYZ0K^C=I[7H]Z5.6AK-PT&[LQDJG'0XO!Y',M/!CY\33PU!=J$+I:1>&O?C
MW%_)OO)N',N^6&S3;,(4G8#Q0:EJXK3R_9CK+KWR^XGL?M#[5<X^X^W^Y\U_
M<[4L(\(VJ!6:9@I`<S!B!ZA:^HZ$3YX_S1^R_AAW3!UC3=);6WIA,MLW$[LP
M6Y:_=68P\^06LJ*ZCR5&]'!B:J!7Q]=1%/2[75E)M?V;^X?N?N')&_1;;!R^
M)X7A!5RV3]M".@5]VG[H7+OO]R)>\UW7N1-MUY;;A]-)&MHD@'`AO[<-D&N1
M3!I7JP`_+OK/;OQ6VO\`*OL"OIML[0SO7VWMX3T<4R5%6^6SF,AJ8]KX2*3Q
M393)SY%VIJ=``SD:FT@,0/I>:-NL.5[/F7<BL<;0(Y%?-E!*C.2#BG6-Z>SW
M-&[^[V\>T7*5HU]NT&XSVROITZDBE:,3R`5$:,H#L2:"M`2:5KU^(O\`,V^0
M7S*[9J-G]<_&S:F'V#A*Z.KW?OS/;VSCP[4VW4U,HH$JXZ3"FEK=TY&DB;P4
M43Z6D5F++$I?V`.4/=#?.<]W>TLN65%BIS(Q-`M>-<BI'EUDQ[Y_=(]O/8/D
MV'=N<?=6Y/-L\:_16$5I&WCRT'B!V\?4D2.::V7(H0*FG7__T=O?^91WHO0/
MQ"[3W515D<&Y-T8Q^N-HMQYFS^]8I,8TL2DAM5!B/NZ@,/TF)3_3V!_<C?$Y
M>Y.WF\,@61ETJ*T)KC'KCK('[JWML_N=[Y\E;/<)JV:S<WUX:8,5I^H!Z'60
M$'KJZH3_`)2G5L>,VK\M/E)EJ/31]2]+;RVGM#(2`@1;CS>U,ID\U44DA],D
MU)B*2G@<@^D5EOS[@#VCVN-;#FCFJ8Z1;0LBDX4AT8$U/D!FO#KI']]_G>2^
MWKV5]D=L8-N&X[[#=2A3D6AEB%O&P'#5/XDH!I4*&&#7H)OY4.^MK]+=F=V_
M([?51'#MSIOH+.5LNMO\KR6X-V9K#8O!83'@:G?(9VKIG@0*I(UECZ02"?VC
MOMNV/<MYYDW(=MI`RC^D*'"_Q5I3'0Y^_!R[O?/G+WMM[4<JU%]S#S&JS$9T
M)!%5I33RC`+$_*@R1T)_P5ZMS_SB^4O8_P`O_D0S5_6W5>0G[*WM-6DOBZ[.
M8J";*[5V32+(%1L)M7%4"U$\2V`IZ>-6`,Q),N1MIO>=N:=SYVYFHVV6]9GK
M\)507@7T[--2/*F>@7]XKG':?N\^RW*'L![76_T_.^Z(MFL<1#-HE(AFO#3/
MBW9?3PJ2QQCHBVX.U</W]\N-P]W]J53KLW/=D5O86Y(6L:B38^WJL5V&VO10
MG4'JZ_"8VCQD,8XUS7/`8^P'?;S:;[SM<;]O4B_N&ZD\4J3^&W-54CU:@"CS
MKUDAM7(F\>W7L!MGMWR7$)-Z3;&LJCN1;R9-33MY>'%([.S$T&FE:]#UUQTI
M\COYKW?W:._:3*8/`&CB@K,AF]QFO&S]F8>1Y:39?7N%AQL%147I,="RPQQQ
MD:8I)92#(&<ZVW9.9O=K?-POWF"S0IH1S\(@)[5KPKCA^WJ.>:/<?VG^Y#[=
M<I<IOM4]WN$LA$L4>@W=R[KKDOW9SH"NQTZ'/#2*=+WY+_RG>]/C'TSNWN7>
MG;?7F>VUM&/%)68/!U&[SD*\97*T>(I:>C3)44-%>.6L5F5R%T*;?T]F&_>T
MG,/+6T76ZW=^CVD)0D:LD%U7`^1->@Q[2_?2]N?=GW#Y>Y)V/DG=;7>MPG81
M2RBT\.-HT:6KF,ZZ$(0*>9%<=$7H^VIL#\8L_P!,8NH9).P>Y,;O?=T46KS3
M8?9&V%Q^V**4C2)(*O-YRHFT<W:E4_@7`L6^S6_*-QR_&C5N-S<G!X:<'\_(
M]9%7GMY%N?O59^Z&YDK8;?L#PVIH:QW5W,TUW(?X5\%&5F(`&K)ZV_/@%T-@
M?C/\,-@46Z\1CZ;/S[;K^T^PIZRDIIYDRV;I6W!4PS331$HV(P<<%-IO9#"?
M\?>8'(/+FW\L<G6,<L5':$RO44(Q4U^SY]<,_O+>Y%[[M^^/,>Y[3N$C[2+M
M;&Q0FH$,3>'I2GE+,9)!3CKKG'6O[_+B;'=P_P`Q3=W?&:2FQFU=C#N/OS+-
MXHX:3%4$[9"##+XHE6*(TL>=5[`6'A-O<`>VLEIS![D[_O;"MG8F2>HX`H<&
MO#SZZ5?>A-Q[>_=4Y;]L+#<O&W?=EVS:HT)J9!43,$_B(=5!I6E:'IT^&V+K
M/G7_`#+L]WANY!4[+VIN7-=UYTUJWH<=@-M3K1]<8282,$CBADBHO3<_M4LA
MMP3[5\F0?UW]T;_F4R*UC!<&X#5[04[14C`-&\SY=;]^+NT^[=]TC:/;C9F"
M\SWT*[7V\9;B9!)>31`Y='C9^Y*@22%:U!'3WUFE1_,._FOUN\ZA9,IUMM#=
MTV[%,JR-20=<]4SQ46TJ2P!$*Y_-003:+?N-427_`#[<VY$]PO=6\?XK>WGJ
M2*$!4-!4\*5%`>BKFPVWW7ON6V7+L=(><]VL/IP1VGZR^75<NM?X(&T$C%(A
MT:[_`(4!8H3;8^,N9*6C7<79&)9].DH*G#[<K#JN!Q(:8D#^OL5_>(C+VG+.
MB0`^-(IJ0*Z%5A3J(/[L6=)=\]WK29?TY-LM4(^9N)"#^Q#^WJO_`/ET;%S_
M`,MOFWL;=^_P,GM?IC;.`WAN*68:L708;K+"X_;>P,5()&T)`<I2TTA7^TL,
MK?U]Q][=V<O///%KN>XM6QLXE=Z\*P_V=?3-:?9UD?\`>HWS9O8_[O>^<M\N
M)IYAWZ^EMX`I&O7>3/--(%XD+%)*"0,,ZBM2.@P^07R'V#WW_,#R?</:57EJ
MOI/%=GXK'^#%41R==4=8]?5@I\=0T&.,L"2C/R8]I9%U*"M8S'Z>RKF'F?;=
M_P#<&7F'=)G_`'`DZQA4!8D0D@F@_P`/SZ'/MM[5<S^W7W7K;VUY+@A3W%N]
ML:0N\Q@"7UZNLN25842,I'J-!^D`./5^%#_.U^&,DM+C<?0=PRRU4]/0T%%3
M[$B!>2>2.GI*2GC7,BQ:1U10+?@>\@Q[W\F?5V^W60E=CI1/TR*FE*"O'[.N
M9DG]WM]X466Y;A-9[7]*B2R32-?#L,8+N=6D4!`)!X$#CT4/^>UWV:C$])=#
MXJIJ*,Y:&I[8WQAI2L<U-#'#_"MFT>2@5F\-5#/+7R-'JMJ13R+'V#_?;F3Q
M-MVS9(12:2(7%#\0[BH5AY'%:'/4[?W;'ML1N?N)[JWT:FXM%7;[5U)9/&8C
MQG5C^$JT(#_"<@$D'HK^_.K6^/W\GS:T^2IC0;O^3W=6T-YYI95:.K.U<=1Y
M;([5QU0K*/3!C\5'6*!]?O"?K?V%-ZVAN6O99ENC_CN[7D3?[4E:?L`)/IU*
MO+'./^N3]^C=UMB'Y:Y(V2YM:#(^H)"W#BF.ZY=A4<:#J+\=_DFWQ#_EK]A9
M7;56E'VY\D>V-W[3V*\9#5>+P6V=OX7"[EWCQ_FH\'#72Q4SM8FKJ$*WT-;6
MP<S6O)?MYO"C.\[A>RP*1_`BH%..([S3Y]&WNM[0'WR^]YRUMN]EC[=\K[%!
M=7@`J#).[M!:@>;32(NM14A%;4`#7I5?%SK$?$+X+]W?-W?E"E+V?VQMB?K+
MX^09&-VR6.QN]4GQ4VYH3(YF@KMQ++-5)(Q#BCH0QXEY=Y8VRYY0Y*WCG3>!
M_NZN%-I9$X9!,2&I7AJ-3]@^?0>]Z^;9/?G[Q?MO]WGEAA_5G9+E;O=E0@Q&
M>WTNT6I205B"K%@T!E/D#UP_DA]/XC+]O]E?(/=[4E-MCHO9OVU'E,HT<=!0
M[CW3!5M796::0@*^*VKC:N1W/^;^X!^OMWV0V6-]WW/F'<6`MK!"*DT"N`0U
M3P&03GB#UO\`O$.>S8\F\H^U7*US)+N/,%THD@'%K:U8`1Z>),LS1L`.+(P/
M`])GOCL3??\`-D^;6U^K^LI*^FZ=VOD9Z#;E2T;I0X79%+4TR;T[2RZ%5$=?
MFX8M%'$_KT?;P@:F?VAYDW/=_>#G2#8]H8_N"W#.U>%%-"2>`K3'KBG1M[=<
ML<L?<E^[OOW.?.D2+[D;K#%<F1""SS@_XIMRT))6$OXDA&$9F+4Z8OY:6VL)
MC_YI&.P>V8G7;>T,_P!W46"$KF:5,1@,=G\)C99I6)USR4ZH9&^A=C;CVC]N
M(+>+W1LH+3_<:*6YT_)0*`GY'R/GT8_>PW_=KC[G5M>;ZR_OW<!M[STX>+-+
MXKZ1Z9J!Y+]G1ZOY^W7$4^U^@NVJ<0>;$9[=&PLHQ>-:B6DSM'29K$I&A8/+
M%35>(J-9`(0RB]M7L=>_>WH-KV+?@*2"014\Z'S^SY]8\_W:W-%S;\T>Y/)R
MJQCGM(+L``GNB)B-/GI>OK05X#JK/I#9GR@_F&S=,_&W#Y":#J?H?!T^/JLH
M8WI]K[+PU?D:J:IW5N%C*PS.[ZRFD>EQ].MY"D05$1!-)[CK8MOYF]QY-KY7
MMY3_`%=L7#M_#Q]>'68'N;NWL]]U9N>O=*:(?UNYEOM:1K0W5U):Q!?IH77,
M=CJ(DF8]K,=-2:#K;]^.GQTZO^,'6N(ZPZIP:8O"T*15&3R,JK)F=S9EHD2M
MW!N"MTB2NR58ZW_"1)9$54`'O+?ESEW:.5]O&U[/"$3B?FWF2?V]<0?<KW,Y
MM]VN;-QYQYRW62;<)3V`DE8XR:K&@\E044#CYGK_TK9?Y\?=T>;[%ZFZ"Q-:
M\U/L;#5V_MT4<)(C.=W5HQ^W()D4?NU%/AJ.>1!]5^Z_Q]XK>_.^">ZVKEP,
M#"K=YK4(S<`Q\B1P!IUUS_NWO;^VV_E_GCW2W2&CWA%A:$X*(,RR9X)J(4GA
MJ%*UZ-[6=8?[*-_)CW[@:J,8[=^Z>K)]P;M724F?=7;.0Q='+3RZAJ$U#B,E
M!2,I_2:<CV+[G:[?E?V9OK8+2:?;P&]0Y&5(]:&E.H%MN=9_>[[]G+._VK>+
MM$&\PPP!<@V]@E%D6G%3IUU&,UZUC.MMN[_[$SV'Z9V`M=D,CV;N;;F+AV[1
MD^'+Y:DFJDQ%17JHN])A5KYZAF8Z(4#R'](/O&/:;;<MVOK?8[(L#*R@+YD$
MTK3T`))/`==A^=[_`)8Y/L;CW)YI14M]BM)+@3-@!I11U5CC62`ND9+4''K9
M>^:&+VC_`"]/Y:M#T)U_4BEW9V8:?855F*?53Y'<N9S4"9#LS=L[IZR)L93O
M2H&-HX)XHQ^GWD_S>(O;CVP?9K(K];.=#4H6<,*24'$U&!3UZY!_=_N-Z^])
M][F+W.YA)_=6TF7<!&<+&D9\.SA`\@DI2;T)5CT2K^43\$.J?DAM7M3LOOC9
M#;LVG0YK#[.V'2RY'*XNG.7HZ>7)[HKT?$5E%+++2QU-%!9B5!<VY'L"^SOM
M]M._VM_NV_V@FM*413Y$<0?F!_/K(/[\OWC><O:W?>0N2/;G>#M^[);23W;`
M`DB5OT]08'#48@4[L>76R1T=\>.H?C=M:79'3&RJ'9FW*K+39S(4M')6U=17
MY&I1(I*NOK\C/55E7)'#&L<8:1A&BZ5`'O);8>7-EY?MIH=G@$,,@X?/_5Z]
M<J?</W(YY]T-\7F7G[=9-QW,(J*]0NE1P_3%!3S../'I_P"X^F>O>^MAY7K3
MM3;XW3LO-S8^?)X1ZVNQZ54N+K(Z^B8U6-J*6KB$-5`CV5P&M8W'MS?=EV[F
M"PEV_<H/%LG^)*TU4((R"",BO'I+R9SES+[?<S6?-W*&Y-:;_:U,,H"L4+*4
M8@.&4U1B,@\>B<47\J'X(8ZNH<C3=#T"56.K:2OIGEW5N^HB6HHJB.I@,E/-
MFGAGC$L0NC`JPX(M[`L7M5R-;RQSP[&8Y58$,9&-"#Z%B#7APZG.]^^/]Y*_
ML[RPNO<:=[6>)XW7PX%JCJ58:EB#"H)X'H^VZ-MX7=6V,WM'.4QJ=O[@P]9M
M_+8^&26D^XQ&2HY:"NI(IJ9X:B`2T<S(&C9'4'@@^Y%EMX[BW6S';&5*D'!*
MD48?LZQPL-TO=KO[/=["<IN=I,LR.%#D2(P=2`P()J!T4/KW^7M\2.K*3?5'
MU]U>NUJ?L79E;L'>KTFY=SN^4V=72QU-9B_N:K+R/0B5X%U21&.73<:K$^PO
MM/(G*VRM>1;+9K&+E&655.75J5!''/4S<V_>3]YN>+OE6?F;FUKH['=)=6GB
MPPZ8IJ$!EH@JR_.H]>F#K3I7X$_&2#?FT]A9?J?KA^RL7'MS>E#6]JX^#,93
M'0TM;1Q8Z.3-;G?)8X1P9.<6@:-M4FJ]PI!QL/MQM?+]G>Q;%L,L4%PA5]*-
M0AJUKBG08Y^]_O<3W%ON5KKG;GA+JXV=V:U5UC`C=F5JJ`!YKY]"3\9?BC\6
M?C])G=U_'3:FW\/_`'PQ]%BLIGL'N2OW-!D:#&U$M53TD-?5Y?+4Z1QSS%V$
M3`N;%KV%D>R\E[%RK-<R;3MWA7<PI(U#4@&M.`\\TZ?Y_P#?/W-]V[+:MOYZ
MYL_>.WV+%H$HH",RZ2>T"O;@?+I==_?%_I'Y/8G;F#[NV5#O7&[4R57E\%3R
MY'+8W['(5M(*&JG63$UU#+)Y:8:2KLR_FU_>]_Y8V;F6.VAWFV$B0L64'R+`
M`_R'3'MO[O>X?M%>;EN'M[S#)M]U>1HDS(J,75&+(#K5AAB3CUZ273WPM^.'
MQ^Q>_<3U#UU!L^E[+Q,6%WF]+EL[5UN6Q<$-=31T:5U?D:RJH46+*U%C`\;:
MY-7U`(:V'D_EWEQKM]LL]`G30]/,9I^RIZ,^?/??W3]T+[8;_GSF>2_DVR1I
M+?6D8\.1BA+411JJ8TK6H[1T`$?\I?X%G4C="T?H(L/[V;V0!3>W+;@DUL;<
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MCB'\3&>6,JHR0E1@=6C_`,^&IH-K=9?%;K#!0IC\+2YC=E71XN&X@IL=M#;F
MW]O8>GC'-DHZ?*,B_P"'N4??4PP;%L6RQ,-"R]GJRA1P]:>=.'6'O]W':W>[
M\]^ZG-FXR%[R[MH(YF)R9)Y9+AV/VM%4_/JJ+X'_`!GW7\S>[]C]=Y.6MFZH
MZQA7/;XJ'=EQN#V@V8FRDV`HP-,*9+>N9=H/^.A4R2$D1#W$O(?*]USOOMK9
M23@[5:D/3B./=3[>LT_O*>[^S^P_(',G.&U10?U[WL20611@7EE,8#RS"M1]
M&I!C)X:L9/5@G\\[MO%TVX>E/C-M5H*#"]>;?EWIG\)C5%/CZ)\A!%@MDXQ:
M:,+%&N-P..J7B2UD6=;?7F1??K>H6.U<GV,R`0(L]`14.@`1?4$C('$@\.L6
MO[N?D9I;+GOW@WF9WW.\O(X8IY*BH74]\Y8XTNS*I/JAS7HK7:?<#?&+X3]<
M?$38=?\`8=H=U4+=N_)/(X^0??8?"[QBIJC9W7$E3`"5J<GMB.DFK8M7DAA/
MC('G8>PQO7,$7+'(EARGM;K^^=P'B79&22YU*&_I:2`1\L]3+R'R%=>]'WAM
M_P#?3F/;XI^6]BN/W7L<,A'AS315%Q>#R,:S^*RR94L:U-.@P^&WSJWA\*<1
MO.GV'TMM#=&X]\ST_P#&=X;H.XX\O%BL?"ZXS"T,6/\`%!3X^CJ)9*@BUY)6
MN]]*Z2KE3G:^Y.CO&M-E_P`8EBT$E2&(]?L'0Y]_?NY;!]X:XVC<-^YYW"TY
M=VF*00V<!MV6:>5PLKHK(SMW1T+&M%&"`<J+^6AW=L3ISY5;J[X[<S4&&P.W
M>M.TMRUK>J2LRF?SU50K38+"4PO-79;)U>0:.&,"Y%V8A%9@I]L-[V[9.:=Q
MWS=Y$%+9J`$88U.E?GY4Z*?OB>W_`#%SE[*\N>WO)]A]5N)WVQA!72SQPQQ2
M)XT_AC3'&@H7>@4#Y]*/LS<'RA_FJ;[[5[4HZ"7#=2=&;2W/NG'8:JJ)!MC8
M^$HL;5Y>EV_#IT)F=_[JAQH,\H!:RDG1"B!E&Y3\S^[5YN^XC7'RY80M(JD&
MF`2$'JQ`H1T1<G6/L[]ROEOD_E+<)Q/[@\Q744,DD6EYIF9UCD<2"OA6:NYT
MM@%>!)/1LOY"/9E)C^R^\^K*VH"KO+9^V=[XJE/'EK-IY&JQ>2=20/6E%N*&
MX_U*?['V*?N][GX=_NVW*=*2(&'VYJ/M`/#J&_[R_EMEY9]L.:4@(7;9;BV<
M#N$?U!$JJS#@:I1:GN!J*UZVDA]!;_#WD^,&G7(^E,=?_].XW<_\LKY>]Z_-
MR;O3NO`;/QW6.XNXJ/<VX4H=ZT&5R5)L';U?"V#P=)BH(6GD>;$8NGIG4&RF
M5V/')QHN_:_FG=N=SS!N\\+[3-N"LT?$B-/A)'#R`ZZH[']\'V=]L_N[M[9>
MW7[T/-B;0\)EDMJ(]W*I6256J2%$C&133@HZMH_F0]%]L_(CXO;DZCZ8Q>)K
MMT;BW/L]YZ?+Y>#!4']WL1E4RU:?O:B-XA(E120@):Y4GZ6]RW[C;%NG,?*U
MYL^TF)97(.<<,?X.L+ONP^XW*OM;[P;-SQSS%<2;/:0W2Z815R9(="TX<23F
MO'HE7\KO^6?O?XR[QW?V_P!^XK`'L>GIEV]UM0X;*P[@H\%BJV%WW#GVK(H4
MIHLODAHI(0+O#`LIO^][!/MG[:W_`"G<W&Z[T89K^,:(Z9.DX)_U>74^?>Z^
M]MLWO3M6R\G>W4=]:<M1N9;P3543L"!;H!4U6-07D'G)0GJ#_-0^&?R^^8'9
M?7XZGVWM.KZRZ\VK6ICY<[O.BP%;6[KW%5I-FZF3&U4+O''24=#2P1O>[^LC
MWOW6Y'YIYUNK"&PGACLX$)K7BW'''.`!T[]S;[PGL][%<L\SW'.(W"7FK=+E
M:F&WPMK"&"P,210R.=51^&E>'5F?PNZ"_P!EE^-_5_3\]/3KG<#AUKMXU-(J
MR05V\LU,^1W%5+5J+54<-;(T$4O]J"*/_6]R3RGRW;\L<O6&S0R5D1`[M7XG
MP6'YG'Y'K$[WO]Q[CW4]T^<N=1XC65W=AK99*DQVM=,47VQJ`2/+HV/L0=1A
MUT2`+D@`?DG_`&'NP5CP'6BR@$EA3H-.V.Y>J>C-GUV_NX.P]H=;;/QZL9\_
MO#.4.%H7D1#)]K1FKE27(U\BKZ*>G66>0\*A/M5MVWWV[3BWVNT>XN#Y(I;]
MM*\.F+J[M[.!KBYF1(AYL:#TX]:ROS%_X4H[9PLN2VA\+NN$WI61?<4X[=[1
MI*W&;:20>A*G;6QJ>6FS6816!9)*^>B5A;]E@?<W\L>R-Y<+%=\T7@2`@G1'
M3Q`?($9('K3]O4>[I[@0PL\&VQ:I?)N*_/Y=:]'='\PCYY?+[/TF"WUWIV;N
M67<F4IL9A.M^OZFIVEMZNRF4G2CH,7C-G[-^QCR-55SS)'&DGGE=B!<\^YBL
M.2.4^7[-ITVJ`K&*F60C50<:D\/GT`KO?M^W*9$^M<*S4HE:Y^0\NKO_`(5?
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M:01L&55KBNH"H\UKU3[_`"N_Y9O<7QJ[IW%VYWYA=MT57AMHR8'KJGP>XJ7<
MG^Y//2>#/9.L--"JTSTN(I1!$6NS&J<@BQ]P_P"UWMGNG+&\W&^;_*CS&`K1
M<U)8DFGKGK-[[X/WN>3O>'D78^1?;PWX@>]#WDDT1BU11J/!C%"05!K6OF!T
MN/YL'PC^3'RZW[U%D.FL'MO*;9V1M#<-%DY<]NFCV]-'G\WEJ29UI:6JBD>2
M'[+'Q$OPNHV_'M=[H\D;_P`W;AM$NU-&MI:V\I`;CK:N/MH`.B#[F/WC?;#V
M)VKG)>>3N)O-QOK=XEMX/$HD<4J=[$B@U,,>AKT<?^7G\-*3X=]$TNV<I!25
M/:F\*B+<G:>:HI/N()LN(VBH,!CZH(OGPVW*.3Q16`$LK2RVO)8"OVUY2;DW
ME>"TDCB.]/'J=Z#XF_!Z]O\`A/4$?>:]\]U]_P#W!?=Y9FCY<M(A#91A?#"H
MM"791CQ)6IXA\U"CRZI6^2/\LC^8!WW\BNRN[,AL_KRI3=.]:C)86CK>R,2(
MJ?;.,GCHMLXV6GD@ND4.&HH1)%>VIG'YO[ASF;VQY^YAW^XW=#9KJ8%2U*T7
M@#C-.L\O9_[X'W=O;GVGY7]O1!O$$EO9Z;DQP!A)-)5IG#$UJ[DGY=#?\,_Y
M3_=-!\D)>Z_F11;<R=#@JM=V8;#X[<%+NB/=6^I:H-15&:2GI_!2X3;RQ"6.
MF:Z2.L*`".,CV(.3_:3>8]_FWSG":VF"D$*I%"0!3'H*#\^@)[Z??1Y)O?:E
M?;3V%3<;.6<-'++-$(?!M226$,@)/C.[-4@UTD^>>K\=T=?86OVMN3'XG:FV
MVRE9@<S18_S87$TZR5]3C:J"D#3FE/A1JB1`7^B_7W-UYMEA/!<^#L]KXSQ,
M$)1:J:$"N/7/7./:]^W6VW;:[J7>KU((KE'=O%=V9`PUCXZU(J:8J<>?6IUM
M/^2?\U,MNC`8[=^(V)M?;-9EJ2/<6Y*??.+S=1A\3).IK\A28JEC6?(UL$!;
MQ1`KK<BY`O[Q?MO97G"YO_\`=O-:IM[N36,]P!/G0<:==G+W^\+]D]NY8N1L
M";M<<RPV82V@>S6&W#*M`LCAC4%LDYP>MGOJGXP=9]'=$S]$=:X08O:]3MK,
M87*3U,:SY7<61S.+J:#*YW/UP3R9#)9)Y@68^E$`1`%4`9)[;ROM>R<N7/+V
MW1Z5:V*%J_$Q33J/](Y)ZY#\V^ZO-GN#[A#W&YKO'>_%U')'$H(2!(YQ)X42
MU.E`!10/+/GU1=\#_P"6W\U?B]\J^O>T\_M;9D>P<;/N';V[:C'[^Q-?7R;0
MS>,K*/S0XR.'[BIF2ICI9O$+."G]1[A'DCVQYLY9YSAW474(V<$AEKD@_P"7
MKH9]Y7[V/LG[Q>S>\<F;1)NB\PS207(,MOV>-"H[`U2=."H-,CK9K7]*_4<#
M@WO]/S?F_O(\_$?MZY8@Z@&]?R_EY=?_U-_;VG/$];Z][]U[KWOW7NO>_=>Z
M][T2`"3PZ]UBEFCAC>221(UC1I'>1@B(B*6=W=B%1$4$DD@`>]]V-*%F/`#B
M?LZT<AJ&E.M?C^8=_/KZ2^,TN3ZR^-L>W_D'W/"U119/*T>5\W5.PJN.\1&5
MSV+=SNS,4\P)-#CY!$A73-4(?3[EKDKV@W3F0?7;T9;3;10]P(9O/M!_RU^S
MH%;]SE;;<?IMN:.6\-:FO:O^FIP^7SZTU_DE\K?D!\N=\S=@?('LG-[^S(FG
M?$8ZJE^SVKM:FF<O_#]J[6I"F'P-(@L/V8_*]KO(YY]Y+[)R[L_+MK':;-8H
MB`49V'ZC?.O$_/J(-TWBZWJ<SWLKB0<%']F?M_R=%X^M_P#?7_Y'[/*T*_;T
M5,S(*J*GJ^/_`(3L]8;#[`^?-5GMY4U)7Y3JKJ'<V^MAXZN2&6/^]<N9P6VA
MF(()0WDK,'BLS/+`Z@F*202"S*I]Q5[TWUU:<LB&T8B"6=%9APH0QTD_.F>A
MYR)#!-O&J50S+$QI]A&>M]9;6XYOSS]?]C[Q$2-(`T>NKDU/4VA@X##AUR]W
MZWU[W[KW7O?NO=>]^Z]U[W[KW7O?NO=>]^Z]U[W[KW7O?NO=>]^Z]U[W[KW7
MO?NO=>]^Z]U[W[KW7O?AQ'7NO__5W]O:<\3UOKWOW7NO>_'&>O==7'O2D,`5
MX=>KFGGT$/=_?747QRZ[S?:7=.^\#L#96#IWDJ<MFZM(6K*@(3!B\/17^\S.
M9K7&B"DIDDGE<@!?S[,=JVR_WJ\2QVNW:6Y+`4`J`3ZGA3YUITEO;ZUVZ,S7
MDZQIZGK2(_F4?SR.W_ET,WU)T&F=Z4^/4TM515]3#6O1=D=I8U@(0-T5U&X_
MNUMZ=58_PNDE9I5<"IE>P1<H^1_:S:=A2/<N85^JW4T*JOPQL/7UZASF/GB[
MW)I+3;0T4"$]]</_`*N/5#(````50`0`H``M]+`<6]RXP1U3P?TXDX+Z]`9"
M^F1I7U2OQ/7O=>J]>]^Z]T8[XF?)SL'X>=^[!^0/6CPRY_95?)]]A:V26/%[
MKVSDHOLMQ[4RS0WD2BS6-=D$B@M#*(Y5!9![).8.7;;FC:KC:;HT5NY3YAP#
MI(^8KT8;5NDVSWT%[`<@T(]5/$?G3KZ&'PC_`)D'QC^=&TJ/*]6;UH\1ON&C
MIWW3U!NNMI,;O_;%?(B^>(8Z61#G\2LP98:^B\L$J@%M#$H,-N8N2MXY3N9H
M;VT<VY?ME`JI]!7R)]#Z=3]M>_V&\1QR12A9M.4)H?MZ/[J']?ISSQ["M173
M7/1T<9/7M0'Y][;M%3UH$'AUX$'Z?\3[TK!ZZ?+K?7?OP()H./7NNBRCZFWN
MQ%.)`_,=;H>/7@0?H0?];GWX#4*K0CK0(/`]=^]=>Z][]U[KWOW7NO>_=>Z]
M[]U[KWOW7NO>_=>Z][]U[KWOPXCKW7__UM_;VG/$];Z][]U[J/4U=-1TT]75
MU$-+2TL,E14U53(D%/300H9)9ZB>4I%##$BEF9B%4"Y/NR(TCA(QJ?T&?\''
M\NM$C26)H*=4-?.C^?C\9?C3_%MB=&O2?)+M^GCK*.1=L9*./J[:F4C!BC&Y
M=YP^1<Q+#,;O28H3M92KS1$CW*G*?M)OW,-+K=I!:[4?7XF'F`HJ02.!:GV=
M`C?.=MOVY!#9.)KOSI6@^>10_MZTS/E/\P_D)\S-_P`G87?V_:[=-=!)4+M[
M;E-?';+V90SL"<;M3;<#FAQT*JH#3$254UM4LC-<^\G.7N7=HY9L?H-GLTC%
M.YV%6?\`/C7_``=1)NV\W^]7!DN9BL:Y`]?ECAT6/_>?]?V==%77O>^O=>]^
MZ]U[W[KW7?O:J&K5]-!_J'6B*TZE4%?78NMILEBZZMQ>2HI4J*+(XVKJ*#(4
M<\;!HYJ6NI)(:NGE1A=61U((]Z\."1'\:"-V;!UBN/E\^G/J;Q0HMYC&0:U_
MR=66]+_SC/YC'1E/28W;GR+SV[\'1K'%#@^U<;B^Q*5*>*VFGAK\[3R9R!-(
MMZ:L$#Z>P)N?MKR7N=6.UM%<$U)4Z0:^@!Z$5ES?OMH%C2X[1_%D'\NK`-I_
M\*8?F/B(HXMU=.=!;Q*(JO4QTV\MLU$C#]3E*'/5U,I;\`*!["4_L=RY*Q:'
M=+F$>BT/\R`?YGH00>Y&XQ`_46BR'Y8_R]#SMW_A43O:+Q#=OQ"VQ5"X\S[:
M[4RE$Q%^?'!EMJUBH;?UE;V4S^Q-N2?H>87`IGQ5)_9I)_/A]O2U/<L&OC[4
MQ]*$?Y2>AMPG_"H;J295&X_B7V=CWXUOA>P=HY5!SSI2LQV*<V'^/LID]AMQ
M`8Q\Q0U_TK]*X?<BP;5XNV2+Z9!Z&G;G_"ESX49,HFY.K_D-M=F"WD&V]G9^
M",G]6MJ'>$4VE?\`:8V)_I[)IO8SF459+RTE(.-9:OY47_">EL?N'LS'OM9%
M'^KT/1B-K_S_`/\`EGY[2M5VGO7:TCA6*;FZMW=2B,MP5=\7196$%/R=6G_$
M^RJ;V>YT@(\.PB<?\+=0/SUD5/1E#SKRW(I877A_(JW^0'HR.UOYNG\MK=XB
M&+^7O4]++*%TP[AK\GM66YMZ2NY,7BUU`GD`FWY]D]W[>\Y6(U7.PR@?T2K_
M`/'&;I?!S-L5P*Q;BG'SJ/\`"!T93:OR[^*V^%4[1^2'1NX2RHRIC.TME5$I
M#_H_97,B74W]--_9'-L.\P?VNV3C_:-_FZ,8]PL91JCNXR/],.ANQFY-NYI!
M+AL]A<O&UK28O*4.00ZA=;-23S`ZA]/Z^RV2">($R0.*?T3_`)NE`EB;A*I_
M,=/.H6OS_P`DM_Q3VR""H<X7YX/[#0].@5X=<?(O')Y('Z6^I_V''O0=3D-C
MJM1JTYKURN#^?=OS'[1UZHK3SZ\"#P#[]4>HZ]45(\^N_?OSZWU[WX<1U[K_
MU]_;VP:5/6^F[+G*C%9,X)<>^;&.K3ATRSU$>*;*BGD_ARY.2D26KCQ[5>@3
MF)6D$6HJ"UA[LGAZU\6OA5S3C3SI^76FU:6T?%3'V]:4G\VFB_F[,<HWR;W+
MOV'H5A4EX?C!L<U'1,-`76\>[*G%=A4N[JF)5L`^YHH@PU%5`N/>3?MZ_M<(
MS]#!$U[3'U$A5JY^&D;"O^EQU$?-0YJ*GQG8)0_V0)'#/XE\O]GK74CH=D:5
M\6Z=S:++IT;!Q&C3;^S;LFW^O_C[FI';Z5/IK>'Z?RTR'_K5U&JJF-<LAG\]
M2#_H,]<_L-E_\]3NC_T`<3_]LGW77<_[X3_G(?\`K7U?3#_OUO\`>!_T'U[[
M#9?_`#U.Z/\`T`<3_P#;)]^UW/\`OA/^<A_ZU]>TP_[];_>!_P!!]>^PV7_S
MU.Z/_0!Q/_VR??M=S_OA/^<A_P"M?7M,/^_6_P!X'_0?7OL-E_\`/4[H_P#0
M!Q/_`-LGW[7<_P"^$_YR'_K7U[3#_OUO]X'_`$'U[[#9?_/4[H_]`'$__;)]
M^UW/^^$_YR'_`*U]>TP_[];_`'@?]!]>^PV7_P`]3NC_`-`'$_\`VR??M=S_
M`+X3_G(?^M?7M,/^_6_W@?\`0?7OL-E_\]3NC_T`<3_]LGW[7<_[X3_G(?\`
MK7U[3#_OUO\`>!_T'U[[#9?_`#U.Z/\`T`<3_P#;)]^UW/\`OA/^<A_ZU]>T
MP_[];_>!_P!!]>^PV7_SU.Z/_0!Q/_VR??M=S_OA/^<A_P"M?7M,/^_6_P!X
M'_0?7OL-E_\`/4[H_P#0!Q/_`-LGW[7<_P"^$_YR'_K7U[3#_OUO]X'_`$'U
M[[#9?_/4[H_]`'$__;)]^UW/^^$_YR'_`*U]>TP_[];_`'@?]!]>^PV7_P`]
M3NC_`-`'$_\`VR??M=S_`+X3_G(?^M?7M,/^_6_W@?\`0?7%J'9-Q?=.Y[_B
M^P<3_46^O9-KW]^UW/\`OA/^<A_ZU].(L5#^JW^\C_H/KK['9%C_`+^G<M["
M]]@XC5>_^/9/ZO\`>?=PVX?AAB\/YO\`YX^F9A8:OU9)?&IBB^7Y-UB%#U_K
M31NG/>35Z=&P<+JO_L.R;W_I;WJ1V\/]:"R_YR"O_5OIN)8]9\.2YI\E/_0?
M0A;4H<_]U#_<7=/>?WWE3P?W.V%F/N?-?T>+^"=D:]=_TVYO]/95*^V>'^K!
MM^CYR#_K7T<(NXZ1]--=>%_I/^AZ]'MZZH?YHG[/^C/=/\RK3^UXOX/L'MOP
M:O\`=7_`OLG[;_6OQ;V&[Q^2.[ZFWY?\7S\20:OS_2Z7VR\R5'@RW&CR[37\
M^_JP3JB@_P"%"/W5+_=K=7S1$?DC\7^E'8'6YQU[_P#*1_I%[*'[=_UZ_3_7
MV!]V?VFUM]1!9_4>?T\C:.'X:1@4X<?.O0HM%YZTKX4K^#Y54?SJ_5FW5]!_
MPHA'VQW#NOIN2FU?NKV7U_U!"_U-_/)U[V7/5Z+6_P`VOL#;B?:;2=,<X/\`
M09C_`,>4+T=VXY[KEXZ?TE7_`*"_P='^V0?YOE/3TQWG'_+_`,M95\Z^;O7;
MV0/TN6;$0;GQJR?X*"GL'W@]OS7Z1KX#RH(C_A(/0AM_ZS47QQ;:J9J6_P`@
M/1U^JZOOFHBKU[LP/4.(GCAI?X9-U9NW>>XXJJH)E%:*^FW;LK:ST$*`(8C'
M+4LQ+!@M@2'[L;(-/[H><MY^(JC/RTLW\^C6W^NS]8(@/Z!8_P"$#H7O:(<1
&7CTJZ__9
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
