<SEC-DOCUMENT>0001193125-12-296230.txt : 20120706
<SEC-HEADER>0001193125-12-296230.hdr.sgml : 20120706
<ACCEPTANCE-DATETIME>20120706155600
ACCESSION NUMBER:		0001193125-12-296230
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20120706
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20120706
DATE AS OF CHANGE:		20120706

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERICAN VANGUARD CORP
		CENTRAL INDEX KEY:			0000005981
		STANDARD INDUSTRIAL CLASSIFICATION:	AGRICULTURE CHEMICALS [2870]
		IRS NUMBER:				952588080
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13795
		FILM NUMBER:		12950667

	BUSINESS ADDRESS:	
		STREET 1:		4695 MACARTHUR COURT
		CITY:			NEWPORT BEACH
		STATE:			CA
		ZIP:			92660
		BUSINESS PHONE:		949-260-1200

	MAIL ADDRESS:	
		STREET 1:		4695 MACARTHUR COURT
		CITY:			NEWPORT BEACH
		STATE:			CA
		ZIP:			92660

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AEROCON INC
		DATE OF NAME CHANGE:	19720620
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d378814d8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P>
<P STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P STYLE="margin-top:4px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>UNITED STATES </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="3"><B>Washington, D.C. 20549 </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>FORM 8-K
</B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="4"><B>CURRENT REPORT </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>PURSUANT TO SECTION 13 OR 15(d) OF THE </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="3"><B>SECURITIES EXCHANGE ACT OF 1934 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>Date of Report (date of earliest event
reported): July 6, 2012 </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="6"><B>AMERICAN VANGUARD CORPORATION </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>(Exact name of registrant as specified in its charter) </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>


<TR>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Delaware </B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>001-13795</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>95-2588080</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(State or other jurisdiction</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>of incorporation)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Commission</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>File Number</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(I.R.S. Employer</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>Identification No.)</B></FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>4695 MacArthur Court </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Newport Beach, California 92660 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(Address of principal executive offices)
</B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Registrant&#146;s telephone number: (949) 260-1200 </B></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </FONT></P>
<P 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%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </FONT></TD></TR></TABLE>
<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%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </FONT></TD></TR></TABLE>
<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%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </FONT></TD></TR></TABLE>
<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%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </FONT></TD></TR></TABLE>
<P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P>
<P STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P>

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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">On July 6, 2012 American Vanguard Corporation issued a press release announcing
that it had appointed Ad de Jong to the position of Managing Director of its newly-formed, Netherlands-based subsidiary, AMVAC Netherlands BV (&#147;AMVAC BV&#148;). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">In conjunction with that appointment, Mr. de Jong entered into an employment agreement dated July 1, 2012 with AMVAC BV, having a three year term under which Mr. de Jong is to receive a lump-sum signing
bonus of approximately &euro;80,000 and will be paid a gross salary of &euro;20,833 per month. In addition, subject to the terms of a restricted stock agreement, Mr. de Jong was awarded 4,000 shares of restricted stock, which vest October 1, 2012
and 10,000 shares of restricted stock which vest in equal tranches on the first, second and third anniversaries of the award; these awards are subject to forfeiture in the event that recipient is not continuously employed through the vesting date.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">In his role as Managing Director of AMVAC BV, Mr. de Jong will be responsible for managing sales, marketing, finance, registration and supply
chain relating to all ex-US sales of the Company&#146;s products. As such, he has been designated an executive officer by the registrant. Mr. de Jong has no family relationship with any person at the Company. Further, since the beginning of the
registrant&#146;s last fiscal year, Mr. de Jong has had no transaction with any person related to registrant. Over the past year-and-a-half, Mr. de Jong worked as a consultant and managing director of Albaugh Europe, an agrochemical company. For the
23 years prior to that, he served in roles of increasing responsibility at Chemtura Corporation, culminating with the position of Vice President Crop Protection for Europe/Middle East/Africa and Asia. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The information contained in this Current Report on Form 8-K, including the Exhibits attached hereto, is being furnished under Items 5.02, 8.01 and 9.01
and shall not be deemed &#147;filed&#148; for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the
Exchange Act, except as shall be expressly set forth by specific reference in such a filing. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Item 8.01 Other Events </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">On July 6, 2012 American Vanguard Corporation issued a press release announcing that it has restructured its international sales and marketing function,
including the formation of a new Netherlands-based subsidiary and the appointment of Ad de Jong as Managing Director of that subsidiary. That press release is incorporated by reference herein. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Item 9.01 Financial Statements and Exhibits. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">(d) Exhibits </FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="88%"></TD></TR>


<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT STYLE="font-family:Times New Roman" SIZE="2">Exhibit&nbsp;99.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Press release dated July 6, 2012 of American Vanguard Corporation regarding the restructuring of the international marketing and sales function at the company.</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" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>SIGNATURES </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Pursuant to the requirements of the Securities Exchange Act of 1934, American Vanguard Corporation has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
</FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="45%"></TD></TR>


<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">AMERICAN VANGUARD CORPORATION</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Date: July 6, 2012</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">/s/ Timothy J. Donnelly</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Timothy J. Donnelly</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<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">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief&nbsp;Administrative&nbsp;Officer,&nbsp;General&nbsp;Counsel&nbsp;&amp;&nbsp;Secretary</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" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>INDEX TO EXHIBITS </B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="88%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:39pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Exhibit&nbsp;No.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:39pt"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Description</B></FONT></P></TD></TR>


<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT STYLE="font-family:Times New Roman" SIZE="2">Exhibit&nbsp;99.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Press release of American Vanguard Corporation dated July 6, 2012 regarding the restructuring of its international sales and marketing function.</FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d378814dex991.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML><HEAD>
<TITLE>Press Release</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Exhibit 99.1 </B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:12px;margin-bottom:0px">


<IMG SRC="g378814g32d80.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>FOR IMMEDIATE RELEASE </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>AMERICAN VANGUARD ANNOUNCES </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>RESTRUCTURING OF INTERNATIONAL SALES &amp;
MARKETING </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Newport Beach, CA &#150; July 6, 2012 -- American Vanguard Corporation (NYSE:AVD) today announced the restructuring of the
International Sales &amp; Marketing function of its principal operating subsidiary, AMVAC Chemical Corporation, effective immediately. Specifically, AMVAC has formed a new Netherlands-based subsidiary, AMVAC Netherlands BV, and appointed Ad de Jong
to the newly created position of Managing Director of that subsidiary. In his new role, Mr. de Jong will be responsible for managing sales, marketing, finance, registration and supply chain relating to all ex-US sales of the Company&#146;s products.
This restructuring will serve to ensure that ample resources are in place to support the international practice now managed by Alfredo Pelaez, AMVAC&#146;s Director of International Sales, who plans to retire at the end of the first quarter of 2013.
Mr. Pelaez has served the Company since 2001, during which time international sales have increased ten-fold. In the near term, international operations should remain substantially unchanged. Mr. Pelaez will report to Mr. de Jong and will assist in
the transition of ex-US activities over his remaining tenure at the Company. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr. de Jong has spent his entire career in the agricultural
sector, starting in the advisory service with the Dutch Ministry of Agriculture and then holding positions of increasing responsibility over a 23 year period at Chemtura Corporation (and its predecessor companies) in sales, marketing and operations
management, culminating with the position of Vice President Crop Protection for Europe/Middle East/Africa and Asia Pacific, where he was responsible for an operation having sales in excess of $200 million. Mr. de Jong also served as Chairman of
Chemtura&#146;s European Business Council where he helped to develop that company&#146;s European strategy. As a seasoned executive in international business, Mr. de Jong has compiled a consistent record of new product expansion and increased sales
on multiple continents. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Eric Wintemute, Chairman and CEO of American Vanguard, commented, &#147;Ad&#146;s extensive background in
agricultural chemicals, knowledge of international markets, familiarity with regulatory and logistical matters and fluency in multiple languages will greatly assist American Vanguard in improving its global organization and driving international
growth. Also, having a regional office within the European Community will enable us to offer an enhanced level of customer service, gain a clearer understanding of local markets, and establish a higher level of interaction with local regulatory
agencies. We welcome Ad to the team and look forward to his leadership and the continued success of our international business.&#148; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr.
Wintemute continued, &#147;It would be remiss of me not to acknowledge the tremendous contribution that Alfredo Pelaez has made to the Company. He has built up our international organization virtually from whole cloth. In the process, he has
integrated and launched newly acquired products on multiple continents, established a reliable network of distribution and handled all manner of issues relating to registration, production and logistics. He has been a valuable resource to AMVAC and
will leave behind a platform that is poised for even greater success.&#148; </FONT></P>

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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>About American Vanguard </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px;padding-bottom:0px;"><FONT
STYLE="font-family:Times New Roman" SIZE="2">American Vanguard Corporation is a diversified specialty and agricultural products company that develops and markets products for crop protection and management, turf and ornamentals management and public
and animal health. American Vanguard is included on the Russell 2000<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> and Russell 3000<FONT
STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> Indexes. To learn more about American Vanguard, please reference the Company&#146;s web site at
www.american-vanguard.com. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Company, from time to time, may discuss forward-looking information. Except for the historical information
contained in this release, all forward-looking statements are estimates by the Company&#146;s management and are subject to various risks and uncertainties that may cause results to differ from management&#146;s current expectations. Such factors
include weather conditions, changes in regulatory policy and other risks as detailed from time-to-time in the Company&#146;s SEC reports and filings. All forward-looking statements, if any, in this release represent the Company&#146;s judgment as of
the date of this release. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="43%"></TD></TR>


<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">CONTACT:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">-OR-</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">AVD&#146;S INVESTOR RELATIONS FIRM</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">American Vanguard Corporation</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Equity Group Inc.</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">William A. Kuser, Director of Investor Relations</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Lena Cati (212) 836-9611</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">(949) 260-1200</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Lcati@equityny.com</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">williamk@amvac-chemical.com</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Linda Latman (212) 836-0609</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Llatman@equityny.com</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">www.theequitygroup.com</FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g378814g32d80.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g378814g32d80.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@`*@"\`P$1``(1`0,1`?_$`,````$#!`,!````````
M```````!!PD"!@@*`P0%"P$!```'`0$```````````````$"!08'"`D#!!``
M``8!`P$$!0<'"`L``````@,$!08'`0`1"`DA,1(303(4%1=188$B-!8V8B,S
M-1@9"O!QH;'!4F0YX4*"DL)38R1$93@1``$"!`0#!`4)!P,%``````$``A$#
M!`4A,1(&05$'88$R"'$B$S,4\)&AL<%"8C05T5)R@C4V-^%#"?(C@T87_]H`
M#`,!``(1`Q$`/P"2+K<<I.1E,V(](:IO:SJQ0%%E!3(X?*E;,7@[)8/$/PI\
MXR6$P>>_?LSZ,;ZZ@>4GI'TTWGLUE=NRS4-PJR''5.9$X9#-:-]<M][MLF[S
M;[175%/2->T:6O,#'$Q_T6J-+NJIU+FA48%%SMY+(CL*`$DE9M%T%XLY$`(<
M!+.R9L(6!]FV^^MTI/EA\OTP?VE9=!+CJT-TZ6B/%P.H\`J_MC?NZ:U@]I5S
MYF&9+OVK>W_AX;QNWD)TX(U9%]69,+8L)3;]MLZF7SUR.>)`>T,SRA3-3<:M
M-`69E*WEC$$H.<?5QG;7(WS@;0VELCKA4V+:%#3T%G9;Z5PE2!!@<]CG.=QQ
M,/I6Q^Q*^IK]MFIJ#JFB<6B,>`;S).94XAZTY/GQ&I1C+QG?!B?\]]7OSD0-
MPBQMMK6<2F.\+L>1P5U.J'R/S(`'9BE2.Z!=G`4JDHT6VXB_%D)H<8SMGQ%B
MQ@0=L_-KPFRYTD^LQQ9',9!3R:J148R7M(Y9'YEZ/B[?1MZ?Z=2Q!R(7TG#"
M!56HHC1$:(C1$:(C1$:(C1$:(C1$:(C1$:(C1$:(C1$:(C1%IC==V&/\IMA\
MRQ$HC#5*M.VMY*UV:&D;L[JA$IBF5K`[+$9CDN4J#"P^`C!F<C&$(LXSMC76
MKR<[DM%EV-+_`%%TQLAC'^T>UA<);1ZSGNA@`&Y##$+GIUYI9]=O=\Y@P]LU
MI''#DH6>)$>2T$]\\[2>XVP+U?$GA?8ZYRD,@8VIZROY"72XQZH*O3QI0Y$+
MTZ)CA[U*E*AL5(O"-Q4MPEGFB+R0$O+O6>MK-\2=H6:EGS1*W-N>D9+E2W&4
MX4%$Q\Z>XAFDM+P)1?$&(="`.*R/T\I9$BDJ:EH!$FF<X%P!&LC2T&.<8D\(
M0B"#E/[T1>=%0<,.DQ0KU>Q]J2>0W5R*Y,L$+:JWK>96[-YC*(DD>;!?DH&F
M,I7%U,4%Q&*K58U*C(2=B!Y&8'&,YQSL\\+!*\P=<QGJLEVZC`AV2AP_F^7'
M8GIVUC]L.<T0::EQ[X#[5+Y"^M-P)GM86U;S7.[`9X73T)IZQG4R6T]8L4>Y
MQ!^03H='*4DE4,#TQ(W6Q6VRYBF-9&L;>49D]S+R7M@&QF=3(E7V(#/'TKKK
MNK1P;D<>I%[(=K;52"^;>L.@X-"(]2]AO%KLMV5&>U`L:OIQ#&)G<'6'O</2
M/2=:L-78"A*;_$JR?@@/F:^JFK:BF,&$NEQQ880<.1]/I"IM;:J2N.MXT3QX
M7C`M/!T!G`XXIM`]72!53$'J4W"C>90'/)WE#QUA<,HV$V7<=DR(GBU(')#8
M$LQ&&N'-KYA!$XZW9<)"I+3J&IN",."5BC`P>.L/EV&X!IB::N,(-&+23PCP
M5*(O]NF-E22*FDCZSWF!`&9AAW)_Q=73A85<5)T:9,9N"7W[\,R(`\?"BP,0
M$;Q<Y*@^J8X]3@UE)8FB0SD*804J4PS)A`\A`JPG&,(<T^[62[6AY94RB`"(
M.S:X'D8X88\<E6+?<:>YRC-IXMTD@AW,9JY*&ZI?$3D=>97'JMI+8`YZX'W(
MWQM7*JAL:&0B;/G'R69A=T1J"SZ1,"**2V0UR\"*$Y)D2DW)29069C.<9%@-
M*+L0!WK[X$8&!]"<OEIRN7<5Y%Q7RXP#$FKF_P#DM#.-\WG(7_#3FH7&SFI]
M3UQ+5S<8V+"7IE?9^WHF(_`E"+"8US),\8^T&9D6&$0ZU_'!+4,+NF]V";U#
M#+7GMO)ZO=&:'3RTF<ZBZWN(REH[?]ER*)P[W)5\4L*1>0>C(7&F#"E6$C`8
M<'S!@(LCTW5$X=*N3.>)0)Y)RK>#:[S11QBNK;)1URFN5F@A%FYK!1:RB,@K
MT,S=8&8-S0HL.&3%28@W(>T.,9(FUB_6BZ>\O!9"AFMV38:ZOJ.U[]=Y`Z4Y
M;C-&Y-2-*OR"+6#:U;O[I#4C39$+;)$O"C(5,QJSVTX`_(",(<BT1/1..H]Q
M3@"&UE3M,Y0[K:;=Z6C\RC<,JZR)O+!/_(:')I]4++'8U%8TZNLG7RJ)*L+<
MX1%F@1%A'A2(D0!;$5F,W5EX*2-[X_QV/7*>\NO)NN'.W:DP@KVQ3D+A6T>=
MWU@EDQE3GB,^[Z\9(4\QI:F>3GTU!AN-(R$W;(@8$16YQ(ZJ=(\VN3$RHRA6
M*7/,*BO'.#<@T5NR:-3*`)I4W3VPI9"F5#'(=/(C''AVC#BV1HMX;I&E-4-C
MFD6!"1ODL>=$3J\U^9,AXQ+Z!K.JJ:5\@.17*6PWNNZ4J_[YMM;QU0;#X:[V
M!/IC.K`=&M]*BT.A429AGJ#"6]>K4'G$D$D"$/?!$W)_4QA=1TQ!9US.J*U>
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M&))/;FTL]K`6O(.)R0,SS0;D5^.'4MXG-]XO?'`V7S#XQ,[-,W%-&\U):9;9
M)GFO*[*M::0.&R\Z)%Q*76''H&>!<J9F]8H7%!%Y?@R<$1>")@N.W5\IGD(P
M\9I]B.'U)7'(7BYR"Y2.#I;CPMBTFKF'\=Y)%8_,5#DPF1D;,]Q<DN0F*C7L
MMU3I@$$@$06I`:(91$X3'U?^`;Y55AW/BYG1D@]6.M4MLWQ+*FM^)RUK27L\
M$,-+2A)`'^#H9N^0JTG)2$#(\(4"E`OV'X#-P"Q@BNW]Z+PQ_9Y_:;^)$@^&
M_P`8_P!G?W7\*K4^*OQY]]>X?@]\&/NA\4OB)[;];W9[J]H]G_/[>5];1%`W
MUJ4ZJ/V'.KT0@.<W"&,RN-0%M1E'+%C98[@A/0"E2AN*3&>6SP%E<CGD"K(?
M*"[&(@#&$618UTW\K#G7+:M#L)TSX>35SQ4U,V&!IF&/L8\Y[A[/3Q`<>2T=
MZNM$G=<[<\PM]E+>&,EX8S1@'D<6\PM9M\N&K8ATO+BX_M]FLSAR%N7D'53I
M(&,PB68$CXZU`V229QYA$^*(\6UK7\^U9:?NW858`445@>#,XP'6X-5M/<]T
M\P=GW<;;.I]D6NU5(D/.B#:ZIF,D/<V4#'3\*P:1``.)<"<E6-G7>BE[9G22
M'&NGSVAPX:&C`@</6QCV9+:%Z#O#F'<D>F?PGGDKE4LCSIQVY!<OIC&$L>&U
MC2/ZJU(A8]%O*20>]&]8=[.@CLZ4J4_LXRAX6$EY$,1?B"+ESYWG%WF%NX=C
MHI:-H]'P\MWUK9#IR^.V&Y0=/=]$`I#,=##CH=3C[3:^T+9<FQSXK</^+C0^
M+B($K7QU)PGL!_LZG['(:UT55Q]WE!\M?,"=T2Y*>SKT9.4^4P0FF9SJ:KZ3
MY4CTM:XI>6\7IZ"SYI)YEQGL;DC:2587#ZGKZ.SB4<FH*17DK3KX164)B45B
ML=C$?;TP&=&TID_E>3L>8?@6<Z(F[D?1\B>4#*ZU1R;O>C[6B]^<Q;QC-O0Q
M'73C)F1-SF5G'WE`4;7(XJYL6&G!>$PF-Q\H+JTK$)"D!HS`YP*5K6M)=S^7
MV([U_%BF:NCH/UM8U]PKD<P<A[;;Y;7SMQ<E#2TS)MA,[7.\JXJ-X&B-+UEH
M/[`ILIB(L),#VR3E-JU.6Z/0LN!P1F;`Q==JW.^DJ)?ZKJJ+>V=K<#ZSO"6@
M-C]T1CI[%0[G:IKZ.?\`I&F7<'L@TD^I&())`XPB`4V-/<4,\*+CXW2::.]A
MR5!QHE?-670U&XA80&2-=SDER&9V.<L>2$@2'E+%G1-GW6`H12@0!B]I'G.V
M,94INFNW-Z6\W#:=:77@F)EOP:W'$%N8@.*Q;4[_`-R[3J33;BHF?!8!KFDQ
M=P)!QSSAW*3?D9!Z!ZFW%ZU.,2NQ7>+D60T-(<N\9-3M%H5W)(Z_M$NBDSC"
M5Q"/)3[%Y&Q)52903YA>!E>OC?6+-R;)W3M*H]E>J-[)'":WUI1Y>L,B>`,#
MV+(]AW?8=R-:+;/;\21C+?ZK\!B0#F`L0>3?0\ISDC$J4KU%<\]KB!TQQ:8^
M*#5%T</KJ<I!1.,2&+REEG\;S-V5R)KVUU+E%B2'5_:BBW!Q;#3$N#"<"\S5
MJAP<#`#/G'N5SN]1VAWB3_F]+:NS[&^)2BS9RH<?WA`>H<:S&-\?"SGST7'D
M7'8ZN_#A*)05"E$>%[<(X(\KL*\Y#X_*^KHBB;XN]%_DBY3JPZXY*NC_``3B
M@S<$>3G!"IXTFN*!6J^QJ%<@K48Y0WF52YQVIJ^>4\;AT:CP,^US0*Y\/.RE
M1Y!E,E$8:19I*.BDX/,1L%)-N9=D6!8]DW%Q<N&5363U%5(X>_&\5JM75!$J
M^D].MB=MADOKI]BJLH]8W..3@Y=D1"H8CLA$7DB=GC3T>:HX[(X4T&VC.+"8
M8GPEN/@RN:75DB\;!):XN>[WBZ'U_4BCB=*F:GYN/>#&M.2D)*0X3!"8$L`\
M8#@BO3@UTTG3AW9Q=G23D_87(->P<6JLX;UXUS&#0*&I(31U+25]?J[;<'0M
M(F.D,B1)GTQ.O<E?YUP&'!V0E]A>")[N:/"[]JXVC9K#[AEO'J^^,MC+K-HV
MZ8@PQN8'QMVD,6=8-,X](X1+B#X_,8;,XD\&I5Z$\1`LB"48`T`B^TBQ4=^E
M#*\1:BW^(<WKY:>5U(S2_P":E\J9I'H3:3O+SN4:$E!<T;75A*2,0B.PPQ,V
MM^(VV->4J:->[2/(P9CS<&D7IUGTJH#QJ9)`;3,NE3ZL;NF\CX"PN*3$3/[(
MYI8_(;)GJ2=OTF3$I5(9+,)C8:CW@`!1*$@&<"+`'&,8Q*79@#PXDDP&20=F
MT:NSY<U&_4?2J9D='5WQVYG<D;$L3E7/N"O'#BC#:]J>+US[XXH0.C)S&+A)
MEB5Q8$AC7+V*'79&V\[,IDN$Z9W1M2=O**//-'YE8I+-<:FCF742VLM,K.;,
M<62WN(PE2SF]YY-!T\8#%4^;<),B>*=QUU.$9;!J<T'&+@,A#G!2(POI,)$<
MPAEO6IR1GEN7N@YOP?G#9-EJH#"88@L>65K1#SQX@M?(X/'<X9X/"8_`W(L0
M<I3%"TU:2(TPS.#,A#1VN+AJ(+8\#P50PX&(7GLO2`8VOG>'F^LY`RE]<TET
MW-<C5"GFNX<L?$7QOI<^FI#72BWS5)DU4UQ$6TW"R,-)0$Z)I.R:$12@1GF@
MF16]7_1*K&.UG3E26!=T]LV%U%PSY8<&2DQD9C,2<I)3?*1_C+D>I<E[08H`
MDEE>L\8)1(UA)>RX8LJ#R\#^KDBZC1T7"72-S#%S<M;*N&S)0LX1LB*S%]=5
M_#C(_4/!"V4]O536B6)1@)+*L72.0Y59D#X:+VI6-5XR2B,%A+T1/A^ZWB?F
M>+XMRK_-._>D[_=QCW^^GE^5\(?%[3O]TO+^K[RV]N\/9X-$4!?7C8[*?;8=
MU#!%YV\MZ,HY(A^[T>D*E(06>/.5."CV=":7@I9YP\G[9W.R+<7BSW=>/)C6
M;8H=B,IZNJH)-9,FA[Q.FR=9@,`-;PYK1P:(`'@N?/7"CO=9O9KY4N=\'BTE
MLIY;"/'"$?Q+3JGM>6B0K7"5UG81>Y@M_,@DL!Y9>=OK8-,:`CP+.<=G;C6^
M;MP[;?2M+J^07,.!U-^O5BKKVS;GRPUYES)9@,P.7(KZ-'\-4VN;1TEZ72/#
M:O:%WQ!NPT]&Z(53>L!YEE/>0#,2K"B%`,&%XW#D0<>+&V<=FN'7G1K:.N\P
M][FV^:R=3.ET;6N:X/:=-)*#H.9@<0?05M#T_9[/;C),LG6*A\8CO*GU\(?D
M_ISK5E7TDSC.18SZ,;?UZ(@7B]'=MV]VH$`B!R148P+..SN^C4K9;6F(S3A#
M@K:E<.C4V:#V.6,B!]:E&,8&D7E!,`$6,_5-('C(3$YX<]PP""+'RZJ%NNES
MLM8+E:9\^16-R+'$1[",B",#$9*G7*UVZZTWPMPE2YDG\0R[0<P>7:HO[RX*
MRQJ5G2^CG52L$F,]L(C1KAEJDK:>4'(@BC\@`-.%9G`@X\)9PBC>W;`QYULO
MLOKU:*NF;9>I%,TA\![5C&S&.&4)K"("/[PQ&86`]U=)+I33_P!3V7/_`.^'
M1TS'%K@.(8X0)'9D>,4P$-YZ\@J-<AQ6UHXLG")H&).O;92E''9XW)R1$DY,
M*=Q%>6Y>`.,^'*H@SS=]_-VQK(-VZ`["WS1_K>R:QE&Z</5]D3.D%QC@Z)+F
M./(0:('!4"BZN[NVI6-MF[*3VS6"!)@Q\!#$&`#N_$J1&IN?O'"TL)$9TV35
M])%."P?=JQ/*C:D:@T7@"6@=E!F&)S"(SZH<EJ,#%G_4QOK7G=?0KJ5M$.G5
M-!,J[8T^_IP9K#A'%K1J;@#B0`LO6/J_L2^O;3RZUE-6N'NYWJ.C@(!Q]4_/
M%9GE*R%!91Y!Q1Z<X`#"CB1A-*.`/&X!DF`R(!@!8SOC.-\9UAR8Y\MY8]KV
MO:<01!P]+3B%DMDV4YH<UP+79$$$'T$9KL8WWSOW;8VQV=G?\GRZBUSG&)$&
M0PYKTPA#BJM3J"-$2;XSC?T8T1>0]OS/'6U>\OKLVL;,U)#5[J\/"U,VM38A
M3EB-4+7!P6&$I$25.4#(AF&C``(<;YSC4TJ7.J*B714K'3:V<X-ERV`N>]QX
M,:T.<X]@"DFO;*E&=,<UDEN)<X@`?.HK73FU8W,:4NE0].(I"YQ-L6&M5H<\
M)6P&N=$5UD@7DN3'2#4M]D!R"MHG&1!*\@08NUF>$U8I48V3&9M_^:VWIY12
MK[UDBRN>W73624[375/[KZLAQ^"IL(G7"=,$=#6PU"RG;CG7Z<ZBVB0Z7'3-
MJG1]G+AF&`B#W?1W8C.7C]QMKWCU'G%'&1OLFF,L6%O5FVO/',4EM"U9.`K)
M(I!.)4>6`]8,H.<@1H4X4[8V$9\A&G(*Q@&L8;GW3<-X53:BM;)D44D::>FI
MQHIZ9@P#)+!"!XOF&,R8Z+WN<XDJY;7::6TL/L2Y]4[QS78OF'FX\OW1D!`!
M9"8QC&-L=W\LZM\88*II=$1HB-$1HBXLDEB[PY_F\0L8_P!W`MM2L8R68RP&
MGL$/J1T'MTO#7-[0#]87").5VX$6`>!=^!X\P.=OF'XL>G42T%N@^%>;I4EW
MB8P_RM_8J\$$E;!+*`6'.=\A`'`0YSOCM\.-L;_/WZ`0),22<R223`0S))R4
M[`V6W3+`:V,<`!CW+L:BHHT1)GMQG'S:(DQC.`[8[_\`3HB386?6VSCY/ZO1
M\NB@0"('$)<@#GT=_;]/R_SZ8*)QA'@FJM2E*PN-G$T6'$&M_+\`BTR\PO*9
MX;<C#G'FMSPFR4O1C!G;.P1Y!G./K!%CLU<FW-X;GVA5MK=M5<VFG`XM!)8X
M<G,\)':1$<(*A7K:]BW)3NI;Q3RYK#C$CUP1Q:[,''#&"B"OGI,O*D2QSI29
MH75*(HX94/GPLHUA61!$9@E#)&].)$N$,[L#A6G)\.,XW,[-];>]/O-RVA#9
M.^*%PC`.G4QBTXXETEV.6<'&/):V;J\NDY[GSMK51?+)B)$V&H'')^8'#AF,
M5&H^INH#PV-$H:`737S<E,R(9J;#G*H`8$CP^$0TY)4@AV49G?Z@,AQV=FMD
M:.;Y;.M#6B:^R5%8\1T%S*2K!.&(U2W1Y1+L>"PQ.I^M/3J<]X9<:2C9DY@^
M(E.`QA!P?IYQ[E>\2ZY?*6"?]G/X#6%J)P9)#[82G=X2^^$6=@Y4&LQCDS&G
M'!QG.P$)>PNS;5L7KR-=.;J\OV[=+E;)KA$,?HJI1CEI<($`<<71$%7K;YJ=
MXV]C95UI:&K8,(Q=+G89ZF@!H)X89Q3]-G\1=7J$O)<RXMV,B5@-\*D44G,6
M?$^XL8%@X!;PBCIX"1!SCM%MMG6.:C_CXW2^:6VW<UO?+'"93SV.'*,&N![H
M0[5?E'YN;$Y@%99ZL3OP3)9;W:B"O#DW\37Q]9B#?=G&:\W)4#.,`"O?*]:$
M0Q9QG<(E@7AQ,`'&<=_E"QG;LUZR_P#CFZE58TR=P666!F[V=0\@?PZ6CYW!
M59GFKVK-('Z;6MF<`7RA'YBX_0FC;NN-U'>6CCB)<".G0<J.7#RF^_T\7R"8
MQEFR9]4"QP>DZ6NH$U@)QVBRI=#`YSV8`+NS"X>4SHOTMD"NZR[[9,T`DT]"
MR4R;,<T8L8POGS1Z=$>U5>W=8MV[NC+VA9X`X!\PN<&GF3!@$!C#LCV++2M^
ME1RDY5N;3875UY.NUTMB50D=VSB+4KB?"Z$:U9?E&!2S?,:*82YEDCP^`P@D
MK!8^W`EAX,[9QK>/,5L3IY2OM7EIV]+M-6]GLYMXN#6U-Q<,07TI>'"GU`B#
MFAKLQI:<5>-NV)?[[/;7=0*XSB"2*:22V2W(B)9HB08Y1P^]P$\\,A<3@,79
M(7"8PQ0^)1I`0TQZ,1EK1,K$R-B0`2TR!L;&XHA&C3%!QV``'&-^WOSG.M2:
MZX5=WKYUVN,^94W.>\NFSICB^9,><W/>XDN/I)65Z.FD45.VEI9;)5.T0#6@
M`0YPYGB3B>*NK&,!QMC&V-?,OI))S2Z*"-$1HB-$1HB-$5(O1ZO^U_9HB7/?
MCU>_T]_T?/HB71$:(C1$F>[T_1WZ(C'=Z?I[]$2Z(J1=WH[\=_=KRG9-_B"B
MW-<)OI_0]V/TG\N[7H_PG/+[5YM]X[+P]_?V+KG?8SOL?V<[[1]C]47VG_H?
MW_FWUX2/?M]WF/#X\QEV_;!2S?RKO#X?O^'+C^'GV*`7G?ZZS_*K_3K/QO\`
MC_U"OTO_`+'Y/GUO-T1_.-_R;X6?DO=?]/[O>M2^IGO3_97WO'[S^;MYK7VL
M3]=J?_A'].9^IOU;ZH?4_*_X=];YTOY4_P"3_",_'WK5VH_-._LK/C]GVK/O
MA!^(V3_).[TWXU_'?K_^+_C?^7^5MK7CK;_2!_EW(Y>ZS_W/P\^Q9=Z5_P!0
M_P#1O>M\7CR^YV<^U;;\*_"3!^"_LI'X'_"'Z//ZB_P?]S\G7+R[_P!8F>_]
M]_O^_P`OO_BYK>RU_D6_E?\`P>[RX?+)7F7W8]3O%ZG=]/S_`"_/KY&^-_I[
I^]5)OAX9\/EFN0/I[O6SW:F9EP[OEFHG[%5J901HB-$1HB-$1HB__]D_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
