-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 EsVOBNRTTn42A7ERl0WPl+vjQQma564y6jTopX4WYJ1lCcwil1O3/h8AOI86VYND
 AD/ropTBJbtvRpEKRo67ag==

<SEC-DOCUMENT>0001193125-09-208852.txt : 20091224
<SEC-HEADER>0001193125-09-208852.hdr.sgml : 20091224
<ACCEPTANCE-DATETIME>20091016102152
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001193125-09-208852
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20091016

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NANOPHASE TECHNOLOGIES CORPORATION
		CENTRAL INDEX KEY:			0000883107
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS PRIMARY METAL PRODUCTS [3390]
		IRS NUMBER:				363687863
		STATE OF INCORPORATION:			IL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		453 COMMERCE ST
		CITY:			BURR RIDGE
		STATE:			IL
		ZIP:			60521
		BUSINESS PHONE:		6303231200

	MAIL ADDRESS:	
		STREET 1:		453 COMMERCE STREET
		CITY:			BURR RIDGE
		STATE:			IL
		ZIP:			60521
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML><HEAD>
<TITLE>Correspondence</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px">

<IMG SRC="g20894corresp_pg001.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr.&nbsp;John Cash </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Accounting Branch Chief </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">United States Securities and Exchange Commission </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Division of Corporate Finance </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">100 F Street, NE
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Washington DC, 20549-7010 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman"
SIZE="2">October&nbsp;14, 2009 </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="96%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Re:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Nanophase Technologies Corporation</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Form 10-K for the Fiscal Year Ended December 31, 2008</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Form 10-K/A for the Fiscal Year Ended December 31, 2008</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Form 10-Q for the Fiscal Quarter Ended March 31, 2009</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Form 10-Q for the Fiscal Quarter Ended June 30, 2009</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">File No. 000-22333</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Dear Mr.&nbsp;Cash: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">We have reviewed your letter dated October&nbsp;5, 2009 and submit the following responses. Nanophase Technologies Corporation (the &#147;Company&#148;) hereby acknowledges that the Company is responsible
for the adequacy and accuracy of the disclosures in its filings, that staff comments or changes in disclosure in response to staff comments do not foreclose the Commission from taking any action with respect to the Company&#146;s filings, and that
the Company 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. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">For ease of reference, your questions and the Company&#146;s answers are provided below, and a copy of your letter is attached to this letter. </FONT></P> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>1.</I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>We appreciate your response to prior comment one; however, in your amendment [to Form 10-K for the fiscal year ended December&nbsp;31, 2008], you omitted the
disclosure that you previously provided that stated that your assessment of internal controls over financial reporting were based on &#147;criteria established in Internal Control &#150; Integrated Framework issued by the Committee of Sponsoring
Organizations of the Treadway Commission (COSO).&#148; As this language is required by Item&nbsp;308(T)(a)(2) of Regulation S-K, please amend your document to re-insert this disclosure. </I></FONT></TD></TR></TABLE>

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

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Answer: The Company is preparing an amended form and plans to file as described. </FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>2.</I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>We note that you present both the evaluation of disclosure controls and procedures and changes in internal control over financial reporting within your disclosure of
management&#146;s annual report on internal control over financial reporting. We remind you that these three disclosures should be presented separately with Item&nbsp;9A. In future filings, please present these disclosures separately as required by
Items 307 and 308(T) of Regulation S-K. </I></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Answer: The Company will separate its disclosures in future filings
as described. </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>3.</I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>In your amendment [Amendment 1 to Form 10-Q for the Fiscal Year Ended March&nbsp;31, 2009], you omitted the disclosure you previously provided regarding changes in
internal control over financial reporting during the quarter. Please amend your document to re-insert this disclosure as required by Item&nbsp;308(T)(b) of Regulation S-K. </I></FONT></TD></TR></TABLE> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Answer: The Company is preparing an amended form and plans to file as described. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">If you have any further questions, please do not hesitate to contact the undersigned. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Best Regards, </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Frank Cesario </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Chief Financial Officer </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Nanophase Technologies Corporation </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">1319 Marquette Drive </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Romeoville, IL 60446
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">630-771-6700 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Fax 630-771-0825
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>fcesario@nanophase.com</U> </FONT></P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g20894corresp_pg001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g20894corresp_pg001.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@`1@">`P$1``(1`0,1`?_$`+8````%!0$!````````
M``````0&!P@)``$#!0H""P$!``(#`0$```````````````4&`00'`P(0```&
M`0(%`@0!!@D("P````$"`P0%!@<1"``2$Q0)(14Q02(*%E&1,B,7UV&!T5(E
M)Z<8&J%B,T,DM'58\'&Q0K,F-G9(&2D1``$#`P,#`P$&`P@#``````$``@,1
M!`4A$@8Q05%A(A.!<9$R0A05L<$C\*'1X6(S%@?Q4C3_V@`,`P$``A$#$0`_
M`._C@B26?RY2ZZ[R"QG7KB"0QM5"7.RS<M'.$(-O#G:.WZR[!R?D]Y&,;H%.
M[!OS@B*I$Q,"AN4-Z#%W5R(WL'R">38T#K4'IZ**GREG:&5CCL-NS<2>GNUT
M^],OM>Y&#3PABJKV=WD+)$SN3<6:J-+178\N-G[9@`BM(R392/-+FKAVS&20
M1CVY#+NEM#"<0Y%1"TVN`O'9:8QF"#]$W<6O/7Z&E3IKT[*JY'/68QEO$]LT
MQR-(VN:-!T[^/XI0YS*M)D7<OM`Q/?[30,F5FNUR+_&;*$;3Z=%7.UC)E",?
MN91=!%],OX`>5?IE$6Y70'`Q3@`!YQ8C(1PGEE_;Q2XQSW$,K3Y0"6U`'8.!
M[]E[W.5L97.XOCKJ2/+1[6N>!7X_:T@$^K2/O2WVW,5#P7CZKS62[>N[:NTZ
M_$MITL8[>/;))2JS&.:NTV;!%<2"^=/4S")Q*4H'U$P\0-A87N?OW0XV$->6
MN?L!T:T:]?0*?O\`(V^"Q[)LM+N`+(]YZN<=$=:M:',A'T--\F"SRT5I>97=
MI&!-)-9DUB3J`")0T-W`RFNFH`7D'7UXBO<-'_B!(/V@T4P"TBK?P'4?815;
M^M3?O,-&R*Z:39:1!P)6Y#\P!V[E1L/**@@JJ/*F`B.@Z:^OIP647J_:%CM:
MBUD"J/'ED=V)`'8"FF5'VA21<@99(`^L%&[4J8<NF@^H\$02#L,B=O36RZ@.
M1GI^XL7BZY=52H11[&X:%2$AB%+T_;TR!J`_0&GQ]>")2R*E.4!3$%"@8Q.9
M,Q3AJF;IF#4HB&I3@("'Q`0'7@B"L)-G)H"Z9*==N5R\9BJ`"4`<1[Q9@[(/
M/RC^K=-S%_AT]."(<`ZAKP17X(JX(@Z[INUZ/<+)(]PN1LAU#E)UG"NO302Y
MA#G64Y1T*'J.@\$0C@BK@B#(.V[E1RD@LFJHR7[9V4AN86ZXH(N015#_`+J@
MH.2'T_FF#@B$\$5<$2)YVMLM6,5WN?JSY^2PU:OGLP,(..2F[&\CX]7N7,=%
MQ!E`$'LTV9K-D%S$.5`YC*`4XI\O&YCH/FOV6MP*1N(&[\NODJ,R%Y+#CWW-
ML*R-'X?S'T`3&W&1X,NZ0M:GPE;G;,F8'IK"\5&=50/3L<1\M&JJ>W1;-1!8
MDNZM0BX=O$%BE(3F)J8W.!27UF'O'\8DGBD9';6UV_XGMT=(ZM"=PH?;314,
MY>R9RAL,L3GW-S;,^9CM0P;06^TU&J27;GN2R%D3/%BJ2K)O3Z1BU63H-?I:
M41&,4H>"K+<&SF;EC*-`<-W<D,?WW6`R2:")RE)]("8\KE>-XNRXO#>Q/^?+
M7;&O>XR$N+G:TZU.II0UJHW`\JO[OD]U873!#B;&5[8P(Q1K6]"-*`T[A+1C
M/)N#,SW">L^&639MEZ2Q9)UG]J\G7E46<Q?VT&QBJY.**&5.M*HQIVJA0>';
M%,LD!2E$Q1*/%;NL5GL1:P,S1/[)#<-<Z'=5VPD%P;X!!)H-*GS56.#*8',W
M5S)@P/WJX@<T3%H#=PJ`7?ZA0`'K0#L@.U6MS>-J7!P.[J7@G;NY11PK9L@6
MF(L<9-KIN8)TJE&DE'2Z1#KG4:N$$4TBF2!/4"I\GK[\FOK#-7QO>(PS1M8T
M5,=64%.AV4^J\N-V%UA[$6?,)XI9'N-!(0_4'0C=7Z>$Y5GF*AU"\[>,:S,@
MZ3MEMQY,NX=DVC5U6P,C&KS!%T[=DT;M$%G;8R2?J8QA#70"^O%1AQ.1O;>X
MR$3"8+<`O/@GK_*JM=QEL;87MMCG/_K7-0P>0.G^"5"K@.F*]?B!;I^3^8O_
M`).(TBBF"03HL<'_`*?$_P#Q.^?[I-<81>X+]+&7_NS(?_A7'@B&P#EP@VIJ
M**RB23Z_7QN[(00`KA$B]W=$35`0'F*5RV3/\AU('_4)%XAEET6]/3(LH0CG
M)=X27(F82%73!2]JD36`!_6$(LB4WKZ<Q0'3TX(O<4[=I)UT".G!2NLIW)FN
M4%3""S,IKHL1JIS".J!%6B9@+\N0-/AP1;^Q2:;M:I*1[HXI%OR46Z%(ZB8&
M68M)]N]:J@42]0B;I#00'4HF*`_(."(6QM9035-()Z&6NK^J,NV*'Z23E=-J
MHOU#_-)`1.(?/X!P1%9P^>/BMQ>K=?LLNIL&GT`7HLFJARMT-0]3=,IA]1]1
MUX(CI(V9JBF0[(0=F2M$95WQ`,9(6KM^Y9MU1$1*/.=LD^(?0/0VOQX(B^UL
M+UF>Q'7,=X4N18ZN-2**<O:,Y)"NH@"0E*'T-E)`ZA2CKJ81]=."+7K/GD>%
MR79*]%93)U69J'T`VK5\SHC1XEZA_K6JYRZ_+77@B/41(N7LE9FBW3!*(EV[
M)KR%$#"@M!1,B851$1YS]P^/\O0-."(P<$466ZO)4.FWN>5<43EB;Y'Q555(
MJ7K+:NOCEGG%MF3U"NS<GSIN%`;4>&&9?II*-^FLU?=3F+KS!?<!CIML5GD6
MQ?HKMXH^H]NWW.IWUZ$+GN>R3#\F1QSI?UMJTUC-0#N%&U'33J%LJ70<7R%I
MJ^7K7-V6.RROA1O'RDBDW<$T]F!..AEG+0:NZ9N':,6],4J^IS@4=-?0ND1F
M,O?QNEPMD6_M+9I"QM?:"7'4#H"0IK"XN.5L6;OXV_NTD#-[B!O/M&A/4@(]
MN(7&]@@EX@V1;1&.KS@>6@)Z88P;!&4<)24;"Q0.'+]O1FSYZHV1=&!/G6Y@
M`-`$/CQ!V][<V5]!-,2^&%P.PDEE6D'HIJ?'6UY!/#$QL=Q<,-7-`:[W`U-=
M/JF0;4<?U_;$\KT3E++5+B4YB`4?55Y#GFRS$TV*BS0:K(14A"$<1[I,[],3
MB<BZ29@.&HZ>O4N1<D_YQ$7X>V>)F`!]``T`-`]O0`4';NN4\9XZ>#RFVS%P
MU\<KR8P35VKB=>_7SV2F9\PS&Y-M>WN[Q.84#*X^H4PVGF=\6>(0;2/27JZS
MQ]'2D37$F#5^@N82+BL42*)(E+U"B4`-7^)\GBXU'=86:!TDUS^$@5<"*U^B
MG^:<4EY'=VN=@N&16UJ!O!-&'QIY_FCGEO<-LAQ.RV^Y<W'[F*)B.&]OFHNB
MVZ_V.O5&#+9"1L$\/!UJ=GX(H.W)6K19P9J9PJ'*F)Q*`@'%>?DLI!-<6]JZ
M2*"Y-'1`D-</]3>Y^T*S08W$W<5O<RLBEN+8>V6@+FGK[7=0/L2,0/ED\6C4
M*`+CRC8&)[86T$?@?-.-`[<7(J@W%0!A`%(R@B!?JY-?@&O$*0]A^.44D'53
M_M=[V?@/16BO+)XLDE,?&5\HN`R!&/[8=\(YHQN4S8KYO*$:G,!H,I4P4%8H
M?7RZB8-->,(O<7Y9?%@B-(ZGE&P(7VVPW%P]YLSXW*9!!ZC9^V<F_H,H)@L+
MM/05.7F`X::\$7J,\LWBR1+4@5\I6!2BQN=P>.P#-6-0*BS?IW(S1V//!%$A
M5N]1T,;0H]4/CJ'!%4?Y9/%FFE606\I.!"&9WVV23@0S5CD`18NPN@-G(]2#
M`2D<B^2T,8`(;JAI\0X(K,_+-XLB!7^;RD8#+VN1+5+.!_;3CH`3CG9+CVKH
MW/!>G7!\D(&_0'JAH/KP14GY9?%B9.&`/*/@013R=,RR@&S3C<.G'+N;"*+@
M=(0NA%2N4Q*8?H'J!J;UX(K&\LOBS`K(H>4;`G,7)SJ74`<T8T^B-%S(F!T/
M]!>A3%.'U?H>H?5P18P\LGBT^K_]1\"A_6@>7$`S3C;0D64R@]T']!B/((_$
MWJG\/JX(O:GEE\61BR(%\H^!-5,G0\N0"YIQQ^MCD5X$RKH=83]%(K<^I@_5
M_0/KP166\LOBTZ<T)?*/@015R;`2Z(AFK&^JT8W4JH.77U09@$&X-U=3`'(`
M)CZ^G!%D>^6;Q8G3L?)Y2<#&[K(%7D6^N:<;Z+,&@4P7+LG)!<Q@;"R5`3>I
M0Z0^OIP1/WVS[HMN>;X"TW_"6?Z]G:A3%Y]HC;W5)1M;H-Q*QE;K;*2B&\W6
M8A&).M'NU"E5)S"9(PAS"&O!$\KG+R\VHZ:Z?`?R\OPTU^/!%%)F>Y[@$I6J
M2"V/W6-F=PR[78*]O:RV!Q,S--CL6-)1C&S\\P,NK*Q;:SR$FTZHE31`&I4O
M@/KTC%6_'HVRP7%VV2**WD,%:T#R>K1_[&@.JY?E9^0R7\-Q#;1Q_)<M%QY=
M'^0.]!]$\T%[?[NS+'6"B%9!C%_V`*1DV*A6?=QG:=8364!%<&XEYA]!UUXY
MOKYKK_8KJ!%':TW#33H@<,XO8%JH_B*@`(8E.(ZQ<SH`?^7`,(@%GUYQ^0\.
MVWLL4&_?^?RH<-T>-LLI;F:!DB<*:RTZS8FQ_&5>4KZ+]>*@%J^P(A-PKAHH
MYDEXITL^?INQ54.1-QW0:#SD$`[AP7-8&#B3[&6:*#(LE(]W4AVH%?%#TZA<
M)YKA,[-S9N1BAEFL71`MVG0;0`=.QJ#7[T\'.N%\JYGV\5;'-`FXJ)EG4*-I
M)`/WRT8^M$=#62GRCFMGD^_38L&4RF!5.1PD9)0Z904$"&'BIX?D&)PO._UF
M5`ELPQ[0Y@!`)K0_:.ZNO(,!ELUP@V6+JR[<]A<UYVDCN*^M%S>_<13A-NNT
M?QAWG*-,8VFMU'>>_N4U05U8R2<2\4VQ<\$5$R&6<PY5`*0ZJ+=8HD4633$X
M@01#B.N\YBV\IAS$##-8,)+VN%-Q)=U&G0'T6]C\!DAQ:;#.<(+YXHQS#7:-
MK>G7J13OU7&?Y1]SN`-WFZ^6S/MPQ6XQ11)"A4*O2T>_B(2`D;==J]#]G9;Y
M(05>6=1$4[G5132$B2ASK%:E75'JJG`(#-75M>Y2:[M&[()'5`Z4]%8<-:7-
MCBX;.[>7S1MH7'6JCJT#\@?F#B+4FJT#\@?F#^3TX(JY0^&@?]/X?B/!%?0!
M^0?+Y!\O3\G\'\?!%;0/R!^8/Y."+V1,RIRIIIBHHH<I")IDYCG.8="D(0H"
M8QC&'0``-1'@B&RD3)PC]>+FHQ]$2;,X$=1LHR7CW[4XE!0I'+)TDBY0,8AP
M,`'*`B40'X"'!%K]`_('Y@X(J``#Y!^8/Y."*XZ#IJ`>@:!Z`'S$?D'Y1X(K
M:!^0/S!\N"+ZF'VBYK6'B'B"0LK4FC0VY/-H%;S$?)N7QE3?A$HZ':3;`@D,
M(_2'3U#\H\$746BA?P0=`O(TTRADT^Q%"$FB()K@X3%8[Q-2=4561,W`X%!,
MR9@4$IA$2@)1(HIMT$?=8BHYFJZ\C,VS-&0X^@711G'5@QT&U`H<O#5O(S^K
M+D,H1I%/X,4A53;D2<#SK_28-3!TWCDF&O+^TG?`R/"6TDD1+NM7_P"V7>:'
MR:'HN3\ACR]KCYXFRF7D-Q%$_:T`;F1G^H0`*--/`"7REW#$:$A3Z+*4YA+7
M\^$4GBL<TJ=?=23EJ[[1Q'NS(G52<?K6+8QR`H0BBA$C&*!B^O%.RN,N67,V
M0@:9,2)G-W@4&X.U]`#KTT&E%>\5EK66"&RG>&Y/XVN+#UVD`M^M*>I[HSL9
MS&J)HMBSQ(9_98C"SEXI7DZ?5O<U3E;P3EJ1=B1\9\W!X"0\NI"F$@B8NNFO
M&A;V,DYCD<)&6IF:W>6^T@FA-:'^Y;T]XR*VG,;XG9"*(N^*ONJ`2-*UZT46
M6Q3*%MR'9VEBNCAA+.'R!F2\*^A8D(2.B?U90@&,,5F1HQ:,BMDDP`A"J@9(
MIC")]1X[-S;C/'<3BV6F,B%`&NW5)<YQ:#4DFO6NG31<4X#RS/9W(NO,A([Y
M"7MZ`-`#R*```=!UZ]TO&^)A:%:)MV3QEC&S04*GS_M-D8JFQK,5J\6-JR<5
MW3V*,XEAB5K#T3*F2`J8ZIBL8":!Q4?^O6X<9*X.7,!?L_IA^E':]NA5T_[$
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MW.[_`+9!M2L&$X3%UNJE[R]D&2C:#GJEY;C)29KEGQ3**1[5S(,V,;'IB_37
M235;*NDR:'#Z^/-?2Q[A?`[E?&^.L49:VW[L=HF^W'N4=Q-#VK*3^V?(J\\%
M'S-E%PFUH,-<4WK0K=A&SCDX$,X*L8[<3IF42Y%"F$B=2?[8FZ/[[8,!T[R=
M>.2\;LX!A-)GVO0>4YS]I;RWUZ*7E):BHLEH8KM">:`V534*LU(*(D$RI4R`
M<Q2)K.VOP4W#+VV6D[JMP&]C9OL7Q]E.X7RGXHC-SM^?UVS7]3&5@=U.YR\2
MS9,U&8,(VT1SAH!0755,"0*F*1-1$RA$:U/MV=SP[THO:>SSMMG?T&5VNK;S
MV^[Y"Z2G]W8FVYJ^-"N[\M-^U&D2=O8"@T,GT^WY#`Y[CMM50(MAD3P<SN#<
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M#G+TK:9@\69\T/34WC<#%:D<D<*N`(!B'36!(B(6X7PPX_P]C22MV+O*?X^]
MT^1OQ12*=4,!X,R.]F\I9`L5ZN\#2(^,JT>NB5LLLR=SQ7+@RARIIM453B;4
MH`)$[@/MB;>ED9KM[?>4/QMLMVKILDQ#;"IEB;/D8E[7ARRZ6/\`M20H/#6`
MY!Y`*#7F-^F5,2:#P1=6WVKM21Q=XRY2BW_&THZR!CO=]N*J5@7CJA^(%8:Q
MU&7KL+)L$YE%%006C)1BH4!(;T$NH<$74"A;4EXI[*!7[>DDR523,R7KSY*6
M<G652`IV4>8.X=(I]74YBAH0I1U^'!$TC<I5)ZC0]QS-3[2BMDQR9.,ID1;$
M89>-1CYAG"1]NJ=<!V=LLL9W6*ZZD46A5`,=\D=3UYC`-@P\T5U=C%7E1BG,
MJ[9[345(<7>:T'3PJEFFW%C:/S%D&G,.+6M#QOI4C<QH[-([)J,?BV/#=J]R
MO7LI5.X-)/'M'6OPKSU8:2E%EH>I-8N+9O&S<S:/72EX)-!9LDD!EM05%0H$
M$IAMQSUM%PK]CN(S#&V9YBE()$@W5H?)\GHJPS`2GF+LS;SME?)#&)80:.B-
M!J#^4#L/HFTX5I]MQKNLN+NW6%*7=V^P+W6KW8LG'F1L5>F&I'<6N5VU5[-J
M,2U4(S<-0$I&_;\@EZ?3$T_DLYC\OP&SAMI(XY(X6->UM&NW`:^M%"8O#9+'
M<_OG7397Q23O+7D$@L)T`/0Z)]%#PEM]Q_?JC/1&4:]6)^\59>?7@VKVDIQK
MVT@2O@LXCX,Y%`07<B^75.F0`3.K]6FO'/9,YR&\L?@(^>S@]N_;4C70EW?3
M^2Z#^S\<L;S^C2WO9:N#*T^VC>U3K]4@FT?)^<G^<;-!Y=R"JV=M#2,7!'6=
M0P5=C23E;>Q/JTQY@A#QCJ*;LUA.0NIUM.I]8:<67D5AQQG'+>YQ?QOG`&YP
M/O,COQ`]Z`Z`=@JEQ6^Y1)R*>#,?(VVW.V-I[/C:?:1VU&I*@E^ZUS%<<<;-
M?'_D?#^=WJ5TJ.XBR-HRS462AHR:KLB7$$NU?HHR5:.FND<B2PI+$,(E$%0Y
M@'Z>.?-GOL=.7Q%\,Q':K20?3N"NH21X_)0[2&36]>]'4(]>W\5S@^>J?G+9
MCGPOVFTS4I9+-8_$QA><L%AG7SB4FIJ9D[WD-Y(RDI)O#JO'SYZZ5.HHHH<Q
MC',(_/C1<YSY'2O)+W&IJMF-C(F"-@HQO0+H9RI0JI'96WV[MF&SG'&^#<-M
M:\5_B6_8)AG*N.W>7*JF&5:K(PN0K6;&C$%9"QOH&OPQ7`&03!9!%NJ!3D*H
MH/&%](+MDW`YHW`;-<06C->PO"NP=ZT\W7C=@:O5L-;=I_;?&9*31NS*4E9V
M3K]D4,ZL\I"!^I!VD'(D@!B?$AM"*''9T4H?=NKE`"E+_P#93NK,&@%#75_F
M,X#J`>O,/K_"(\$0+R<X!SIFGQ?^':=P]AS*&6HFKOO(W!61[C.AV:^-ZW+R
M.[ZP/V4?-FJT7*'B7;]FR443*X!/J`B?E$>0="*89OB[)D3MM0PN_H-Q0R^V
M^TDN-<7Q8-<E39"3L;W/3<[.MJ4Q-J:?+.N"FY2LNW[@Q@$@$U`0`BAL\6^W
MW/&%?'1YFK+F3#.4L1P-BI.Q6M5Z3R;0K/0FL_84-VE??K1$+^*HV)-+/T6B
MY%#D0!04RJ$UTYR@)$-\B/(?[KUP`\IBAY!-GNHCIZ&*7"'Q'_,$O\6G!%*3
MGQ/^[!CG?KO!P5XU,(;^]Q66_-EO-PID*9S-@";W'(8QQ?3'1Y>K,(NI5\BK
MZN$EI=R<1=`9)-51P(*]0QFX$(A^==]&XW#N$O"?N9<^."J,KW;J_P"2"CY2
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M,\[6ZK4K=(J"HBF!"Z`4"+J,[>0]G[?W4/<^SZ?O/8H\O==/D[[V[J=OR<WU
M]/FY=/GP1$[)\`G-5-X3V*&L"\8"TRP;3SA5LU8OV#-V=M)MET(V25(_:"H(
M)@!``P&,`F`!'7,3GP$NC)#BW;]%XRV\<X'RBI:_</M_R3&$,5WF2L6=).H4
M^%QE<KIA6'B&EW4LIY")F9@]/CXZ*O<!%$J'6;R,"5(&;PAQ)JJ@D</T^8;.
MV_CBL,7:W9;=6$$Y<6$>YM3JTZZU[>A55-@'Y'*36C'P7\]NT"4_A=04K]_7
M[/*1VR0.[A;!N#QQZ[;KV"#9`XOKV$?0<O;['0$W48S!A$ND62[-\V:/3(+.
MM%RO%6Z7)RB8H@,]9/X2.37AR,?QV+XRYC"'4:\@FAH?\E`SLYI_Q>S=CY/E
MOVR!KWM(U:.XKK]Y)1[O&U6RY6R]A+*D8[@*VZ@L/-HN3CWQWIDY-A!R#%VP
M6:1K2*Z,7(J+6!4JACK*E.D"8Z`8-.-;'<FL,-8W>#9#OMII:QN;0:4Z&M=!
M]_JMC(\6N\SF+//R7&RYCBI,QVM"#2HI34C75+IB7*,;FI>MOZ1"T&9CF%1M
M,!+%1DYIDD@_;/*FTD6Z)WE':**HH+D43*HD`D$2Z@/%9R&-O<2XNN8_BD>\
M2!O6@U+>Y&H-356S'Y7'Y9KH+>1TC6!T>X:5IH[MV7&7]U;A-GA+QT[)8&-1
M_HR9W-VBP(K+32DL\;>XXGE%21@%-`0Q0:-0*(%4.=14V@"83".H9S><GS]T
MR]N`QKVQ-9[104;7MKY6,#@K7C]H^RM'2.B=*Y]7D$U=2NH`TT7$5EO<-FK.
M\9BB%R_D2>OL7@W&L/AW$K*:%H*-%QC`.'3J&IL-VC5L8(F.</E3)]45%=3C
MJ<0TTAU-IR%/\HOD'Q_F0NX*D[L<LU?,88RK.&E;Q#2S)D^?8NI;)M'U.E2L
M>G'A"2\-7FS1/M2NFRJB1R@H!NI]7!%O,Q>6KR2;@)[$UFS+O"S!?YG!5]B\
MI8D6F92.(TI.1H-9->&ND;%,(QG$N+#%'3_V=RY07.B4QRE$"G.!B)N59W7;
MBJ;N1/N_K&6+-#[F%+U8\F'S$V,P-:SWRW&E#66S&,LR5CC2$R,V[ZVJ`ICU
MS:%#TT(G&;??+1Y(MJM1F*#MZW@Y?Q=2IZU35WDJM!2D<YA#6NQN.\L$TR83
M$9)(1+J:>?KG0-`0365$3F*)AUX(I)_&]Y<\HU/)'DPW2;H=WER2W7Y(\<N0
M<5[;LKVY1_.6EUF5A::9*8XJ=5%C"2,-7Q:%CG"S8BK=M&I'YS'$#J")B*-7
M<+Y9?(_NNJ$10-P^\#,.4J3!V:&N;"JSTM'M8,+575@<P,R^CH:,C6\NZA78
M`LU[L%R(JASE*!O7@B;I=-UFXC(NXK^]M=\K66Q[D?QE6<@AEU^+#\4A<Z:$
M2%6L`"@R1C0>PA8)H"/^S\@`@74H^NI$XW$?EH\D>!K7E^[X@WAYAH=ES[>I
M#)^87L/+1YFU\R'++*KRESEXA[&.H9*Q2)UA!=RW;HJ*D`I#")2%`"(5(>73
MR5RV?*]NBE-X^8I'/E2I$OC>K9(?2L:ZDZY1Y]8CB=KD'&K19Z_%,9APD15T
M*+0BJZI"G.<3``@1:;<IY5/(EO"H\9C7<ONXR[EN@Q%B86UC4YZ89L84MEB2
M+)Q,TY:P$?$`_?17<J&:G7%3MU#"=/E/]7!$ND%Y[/,76X:*@(GR!YZ3BX5@
MTBXY-[)5^7=)LF*1$&J:\G+P#Z3?*)I)@455UE%3@'U&'@B[V/M2K1D3('BS
MD;[/,(&ZV>Z[M]Q%NM-ILLLLTF9JT6*1K4Q.R[U)I5Y%`%WTJ[46,)#DU.81
M`I0]."+J-ZDU[-U>QC??.TU[#W!Q[7WFG^@]R]O[GM]?]9VW-_F\$13R:BP5
MJ<F9]$SLP5-C(BDW@%G:3M,YV#@HK*]I(QACMRAZ&`QQ#U#TX(F_M6M?%:%U
MH^2!TQ&X'T=38E`>:)'ET_%7)H/\W3_)QEA,3B^/1Q(/FE/0K$@,HV/_`-HM
M((H-:^O7_P`HHXVH6/:+!5:MUG'63(R#)C.9?M(]HYE6Z,>I,O()\]1C>C9$
M101*Z6,<@&YA)K^D/&[>9&YOYVSW.PN``_"-0/*CK#%VN,MC:VF]L=32I)I7
MQ_):S"V/V-"@J)`R;?-%W.EC^>>,Y>=6D4)1LS?O*L[0CQ.RM9"+%8"N)`4,
M'.;T$0^?'KF;^++7K;UL#+?:UH#6$[:M:&UU\TJ?4KSPV,DQ-L;=T[[@DNJY
MX%3N<7:T\5H/0(R8ZIN-:H;'3*KXBMU<:.L?S,B[;P3)W$$>/WRM.=/'[D(^
MQM^X<.'"ISF.?F,)CB.OJ/&M=7UU>_\`U/<\CSKH.@^BV[6PLK*OZ6-K-Q)-
M/)-2?JN=S[C'8!N6\@&S[9]C[:%AJ;N%PHN2I2[6IE:[[5*8@UJPXR?QJK]F
MOD>],&CT$':Q.J5L8ZB*>JAP*GJ;C6)'84"V@*+D*'[8+S;:>FSKYB`_US8,
M_>,'Y_4.,+*M_A@O-Q_R=?VS8,_>/P15_A@?-Q_R=?VS8+_>1Z<$6)?[8GS7
MM457+O:"BU;(IF56<.,UX)0013(&ICJK*9(!-,A0#41,(!P19A^V!\V^OILZ
M]/E_7-@S_M'(Q>"*W^&!\W'_`"=?VS8,_>/P17#[8'S;ZZ#LZ_MFP9I^?]HX
M\$6$GVQ/FO54631V@HJG;'(FY33S7@I15NH=)-<B;A(N1^JW4.@J4Y2G*4PD
M,4P`("`B1:Z)^VB\R]@!\:O[6(2=+%OUXJ3&%S]MZEPC91KR]S&R`QV3W'8R
M#?F#J(*\BI-?4H<$6V_PP7FW#_X=#_%F;!G[Q^"+$A]L3YKW:";EIM!1=-UB
M$50<-\UX)6062.',51%9/(YDU4S!\!*(AP19/\,'YM@T`=GA0$1T*!LT8**)
MAT$W*0!R0`G-RE$=`U'0!'Y<$7=]]O/LJSML3\=\?@7=IA:[4O+3;-.4+@>%
M@K3&V&/+7+(%>]G=!)4>ZNH0RSGVY75/GZQ-`YP#4-2*?/\`!]:"*&3]GLO,
M+7N1C/?K+[I\`/VW;^_\G=^FG+SZ:^FO!$;;)_Z>GO\`@DM_N*W!$3H1&&UK
MKAX]`'@8U015CS(*=(T*88I1X\.X*42@4BI2D$G-J)3:Z:!KP1&IH$!V+7LS
MLNR]B#LNF4.<(#H("46^H]QV`(=,/3Z=>77ZM."+2,4*T+VO+QCXQ$24AVC"
MLDD'`H+5Q08$W=@LJD*I3MTDVQ2%$Q5!!01$HZ#H1;J$)"%BH(D6L"C,L(S+
M#JJ%,#Y2'!JU!`X`LFF[#G1!,3\Q2CS"7F`!TX(HO/)K0=N=^K>#(_*V>I;`
MTDDME=/#,_3L>V+(+MQ+.<:N3V]T2.J\7*(A6HO&325+*HO"ILG,4Z<`91,Y
M"*$(AF0L:L'>=-Y4Y*;E<L14-9MO5>B9NBUC$>9W3/&4&F%?4:VRK6BN`O!W
M*SN&C"0(1E`)EFRHR"O,'Z@QC$0ZI8Z@F]\V2NXS<5F.08U^I3A:G#2V*\W(
M!D.$(ZF'Z2DY+/R)0U,4&#?MF,H6UHN7;B-8M#MQ:'4ZRA$BZ6)::AMPGJ]/
M[LMS3YF?=C:93]H*V&=RR-R0NKJHV.(AJH6MIQR5F7@HFP/$)960:I$JSJ>9
MD0(FFLJ5/@BW]LI$Q);IM\0VS--KK..9?`A61!;T[.<Z]J:TO^S$WO;-%6O-
M,6R;:J>SKDAFL"LXE7/N[T3'6Z+GH$2AY(QQ5Y6\;W5F>XW.M6GK+BURUN3*
M&Q?FV5A\:Q*\925(*6HSEJQ<U^VF81\0^(=M5@[Y=*6?_419NH<A$(HF.(UG
MF#9G,)[C,\S!8#;G+P<%3YG%^=F5?R`B6&G.ZO-PFIEB2+J<N=O)MQ6C;>HK
M)C[;%E2$BZ@'7(M3CC'5.;9"V(2E8W$[@)&,J..;S"1M7F<8[@FT?EV:10D4
M[;=,DRU@8$0HD\YECJJO&-P.;F*1N1H1$>F8Y$IOCVI]'I\3GYM5LQ368IUY
MF1HM?I.R8]R-CVR0EE98WH\6A'V9GDUV\G)FT2L*R;24D\;]O']Z]420;-B)
M]$A$UG`]#V5QV+\D1.*<ZY(L#EIN&Q%8\]6VO43-C*1F'+?.UPE:ECP\%`PK
M![$T.0FS2L5(2#$5V*+,JSF37%H(:$2L6G'$<=WOD<.=R&56R$[)TYU/,7.(
M,]O(G'S9K=`L7MJQXQVS-?8&4AS%@')Z>M%$0I92*N%!U%^)$+PAC>$:/]EC
M['FY._2^.*Q@*C1$;`Q>(<J1];RDQ0IV56M1M[F7=JJ0%!5=HR[IV\CYQ-V_
M!:)BTEC$560%<BU^)J/B^*9;-&TWG2?MMGK>YC*#[&\G8<59QK<CD6SFPMD2
M$M5=L3"YS,B_KEA1@5WLT]DY$[>$6ET%V[5HBHH1$I$Y#8M5&%2Q'.LXO*]U
MRW&/<LY*E8^9OU'R/1+#"@\ER%=U56.RNJM=7[:(D$5C)O7!A17%8P(:I$*(
'D3UN"+__V3\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
