<SEC-DOCUMENT>0000930413-15-002206.txt : 20150501
<SEC-HEADER>0000930413-15-002206.hdr.sgml : 20150501
<ACCEPTANCE-DATETIME>20150501083305
ACCESSION NUMBER:		0000930413-15-002206
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20150501
DATE AS OF CHANGE:		20150501
EFFECTIVENESS DATE:		20150501

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Childrens Place, Inc.
		CENTRAL INDEX KEY:			0001041859
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-FAMILY CLOTHING STORES [5651]
		IRS NUMBER:				311241495
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23071
		FILM NUMBER:		15822036

	BUSINESS ADDRESS:	
		STREET 1:		500 PLAZA DRIVE
		CITY:			SECAUCUS
		STATE:			NJ
		ZIP:			07094
		BUSINESS PHONE:		2015582400

	MAIL ADDRESS:	
		STREET 1:		500 PLAZA DRIVE
		CITY:			SECAUCUS
		STATE:			NJ
		ZIP:			07094

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CHILDRENS PLACE RETAIL STORES INC
		DATE OF NAME CHANGE:	19970702
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>c81259_defa14a.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0"><B>UNITED STATES</B><BR>
<B>SECURITIES AND EXCHANGE COMMISSION</B><BR>
<B>Washington, D.C. 20549</B><BR>
<BR>
<B>SCHEDULE 14A</B><BR>
<B>(Rule 14a-101)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Information</B> <B>Required in Proxy
Statement</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Schedule 14A Information</B><BR>
<BR>
Proxy Statement Pursuant to Section 14(a) of the Securities<BR>
Exchange Act of 1934</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">Filed by the Registrant <FONT STYLE="font-family: Wingdings"><B>x</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">Filed by a Party other than the
    Registrant <FONT STYLE="font-family: Wingdings"><B>o</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">Check the appropriate box:</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 3%; padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0"><FONT STYLE="font-family: Wingdings"><B>o</B></FONT></TD>
    <TD STYLE="width: 97%; padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">Preliminary Proxy Statement</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding: 0; text-indent: 0">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding: 0; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0"><FONT STYLE="font-family: Wingdings"><B>o</B></FONT></TD>
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">Confidential, for Use of the Commission Only
    (as permitted by Rule 14a-6(e)(2))</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0"><FONT STYLE="font-family: Wingdings"><B>o</B></FONT></TD>
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">Definitive Proxy Statement</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0"><FONT STYLE="font-family: Wingdings"><B>x</B></FONT></TD>
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">Definitive Additional Materials</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD>
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0"><FONT STYLE="font-family: Wingdings"><B>o</B></FONT></TD>
    <TD STYLE="padding: 0; font: 10pt Times New Roman, Times, Serif; text-indent: 0">Soliciting Material Pursuant to &sect;240.14a-12</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 100%; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 0.8pt; text-align: center"><B>The
    Children&rsquo;s Place, Inc.</B></TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif; text-align: center">(Name of Registrant as Specified
    In Its Charter)</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 0.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif; text-align: center">(Name of Person(s) Filing Proxy
    Statement, If Other Than the Registrant)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Payment of Filing Fee (Check the appropriate box):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif"><B><FONT STYLE="font-family: Wingdings">x</FONT></B> </TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; font: 10pt Times New Roman, Times, Serif">No fee required.</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif"><B><FONT STYLE="font-family: Wingdings">o</FONT></B></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; font: 10pt Times New Roman, Times, Serif">Fee computed on table below per Exchange
    Act Rules 14a-6(i)(1) and 0-11.</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 3%; padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 94%; padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">1)</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">Title of each class of securities to which transaction
    applies:</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="3" STYLE="padding-right: 2.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">2)</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">Aggregate number of securities to which transaction
    applies:</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="3" STYLE="padding-right: 2.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">3)</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">Per unit price or other underlying value of transaction
    computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was
    determined):</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="3" STYLE="padding-right: 2.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">4)</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">Proposed maximum aggregate value of transaction:</TD></TR>

<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="3" STYLE="padding-right: 2.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 0.8pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 0.8pt">5)</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 0.8pt">Total fee paid:</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif"><B><FONT STYLE="font-family: Wingdings">o</FONT></B></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; font: 10pt Times New Roman, Times, Serif">Fee previously paid with preliminary
    materials.</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif"><B><FONT STYLE="font-family: Wingdings">o</FONT></B></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; font: 10pt Times New Roman, Times, Serif">Check box if any part of the fee is
    offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously.
    Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">1)</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">Amount Previously Paid:</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="3" STYLE="padding-right: 2.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">2)</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">Form, Schedule or Registration Statement No.:</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">3)</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">Filing Party:</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="3" STYLE="padding-right: 2.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">4)</TD>
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">Date Filed:</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 0.8pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-right: 1.8pt">&nbsp;</TD></TR>
</TABLE>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Gray 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 64px; width: 151px"></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>The Children&rsquo;s Place Files Investor
Presentation </B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><I>Details Value-Enhancing Transformation Underway,&nbsp;Positive
Operating&nbsp;Performance&nbsp;and Record of&nbsp;Delivering Value to Shareholders with Stock Near Eight Year High </I></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><I>&nbsp;</I></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><I>Board Urges Shareholders to Vote for Three
Director Nominees on the WHITE Proxy Card Today</I></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">SECAUCUS, N.J., May 1, 2015 -- The Children's Place, Inc. (&quot;The
Children's Place&quot; or the &quot;Company&quot;) (NASDAQ: PLCE), the largest pure-play children's specialty apparel retailer
in North America, today announced that it has filed a detailed investor presentation with the Securities and Exchange Commission
to help shareholders make an informed decision regarding the re-election of three of the Company&rsquo;s Board members on May 22,
2015.</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">Norman Matthews (Chairman of the Board), Kenneth Reiss (Chair of
the Audit Committee) and Stanley W. Reynolds (member of the Audit Committee) are standing for re-election to the Company&rsquo;s
Board of Directors. The Children&rsquo;s Place urges shareholders to vote for the Company&rsquo;s strong slate of three independent
director nominees and to reject the candidates set forth by Macellum SPV II, L.P. (&ldquo;Macellum&rdquo;) and Barington Companies
Equity Partners, L.P. (&ldquo;Barington&rdquo;), which together own approximately two percent of the Company&rsquo;s shares.</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">The presentation filed today provides details on the value-enhancing
transformation currently underway at The Children&rsquo;s Place, the Company&rsquo;s positive operating performance in an intensely
competitive children&rsquo;s retail environment, and its record of delivering value to shareholders. The stock price of The Children&rsquo;s
Place has increased over 110% since CEO Jane Elfers joined the company five years ago, and is currently near an eight year high.
The presentation also clarifies the inaccurate and misleading analysis provided by Macellum and Barington.</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">Norman Matthews, Chairman of the Board of Directors of The Children&rsquo;s
Place, said: &ldquo;Our Board and management team have made great progress in transforming The Children&rsquo;s Place over the
last five years, which has allowed us to maintain the number one market share in children&rsquo;s specialty apparel and position
the Company for the future while also re-purchasing $481 million of The Children&rsquo;s Place common stock and initiating our
first ever dividend. We believe our current, highly qualified Board of Directors has the right mix of expertise, experience and
independence, and we urge our shareholders to re-elect our nominees so we can continue this strong progress.&rdquo;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"><B>The Children&rsquo;s Place urges all shareholders to vote the
WHITE proxy card for the re-election of our three highly qualified Director nominees, </B>and to reject the candidates set forth
by Macellum and Barington.</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">The investor presentation is available on the SEC's website and
at the following link under the heading &ldquo;Featured Presentations&rdquo;: <U>http://phx.corporate-ir.net/phoenix.zhtml?c=120577&amp;p=irol-irhome</U>.</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Gray 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-indent: 0.5in"><BR CLEAR="ALL">
</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"><B>About The Children's Place, Inc.</B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">The Children's Place is the largest pure-play children's specialty
apparel retailer in North America. &nbsp;The Company designs, contracts to manufacture, sells and licenses to sell fashionable,
high-quality merchandise at value prices, primarily under the proprietary &quot;The Children's Place,&quot; &quot;Place&quot;
and &quot;Baby Place&quot; brand names.&nbsp; As of January 31, 2015, the Company operated 1,097 stores in the United States,
Canada and Puerto Rico, an online store at <U>www.childrensplace.com</U>, and had 72 international stores open and operated by
its franchise partners.</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"><B>Forward Looking Statements</B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">This document may contain certain forward-looking statements regarding
future circumstances. These forward-looking statements are based upon the Company's current expectations and assumptions and are
subject to various risks and uncertainties that could cause actual results and performance to differ materially. Some of these
risks and uncertainties are described in the Company's filings with the Securities and Exchange Commission, including in the &ldquo;Risk
Factors&rdquo; section of its annual report on Form 10-K for the fiscal year ended January 31, 2015. Included among the risks and
uncertainties that could cause actual results and performance to differ materially are the risk that the Company will be unsuccessful
in gauging fashion trends and changing consumer preferences, the risks resulting from the highly competitive nature of the Company&rsquo;s
business and its dependence on consumer spending patterns, which may be affected by the weakness in the economy that continues
to affect the Company&rsquo;s target customer, the risk that the Company&rsquo;s strategic initiatives to increase sales and margin
are delayed or do not result in anticipated improvements, the risk that the cost of raw materials or energy prices will increase
beyond current expectations or that the Company is unable to offset cost increases through value engineering or price increases,
and the uncertainty of weather patterns. Readers are cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date they were made. The Company undertakes no obligation to release publicly any revisions to these
forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence
of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any
other person that the events or circumstances described in such statement are material.</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"><B>Important Additional Information </B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">The Company, its directors and certain of its executive officers
may be deemed to be participants in the solicitation of proxies from Company shareholders in connection with the matters to be
considered at the Company&rsquo;s 2015 Annual Meeting. The Company has filed a definitive proxy statement and form of WHITE proxy
card with the U.S. Securities and Exchange Commission (the &ldquo;SEC&rdquo;) in connection with any such solicitation of proxies
from Company shareholders. <B>COMPANY SHAREHOLDERS ARE STRONGLY ENCOURAGED TO READ THE DEFINITIVE PROXY STATEMENT AND ACCOMPANYING
WHITE PROXY CARD AS THEY CONTAIN IMPORTANT INFORMATION.</B> Information regarding the identity of potential participants, and
their direct or indirect interests, by security holdings or otherwise, is set forth in the proxy statement and other materials
filed by the Company with the SEC.&nbsp; Shareholders will be able to obtain any proxy statement, any amendments or supplements
to the proxy statement and other documents filed by the Company with the SEC for no charge at the SEC&rsquo;s website at <U>www.sec.gov</U>.
Copies will also be available at no charge at the Company&rsquo;s website at <U>www.childrensplace.com</U>, by writing to The
Children&rsquo;s Place, Inc. at 500 Plaza Drive, Secaucus, NJ 07094, or by calling the Company&rsquo;s proxy solicitor, MacKenzie
Partners, toll-free at (800) 322-2885.</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Gray 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 2.25pt 0 0; text-align: center"><IMG SRC="image_002.jpg" ALT="" STYLE="height: 245px; width: 420px"></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"><B>Investor Contact: </B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">Robert Vill</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">Group Vice President, Finance</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">(201) 453-6693</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">Larry Dennedy</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">Mackenzie Partners</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">(212) 929-5239</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"><B>Media Contact: </B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">Paul Caminiti/David Millar/Pamela Blum</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">Sard Verbinnen &amp; Co</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">(212) 687-8080</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 2.25pt 0 0">&nbsp;</P>



<P STYLE="margin: 0"></P>

<HR NOSHADE SIZE="4" STYLE="color: Gray; width: 100%; margin-top: 3pt; margin-bottom: 3pt">
<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>image_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_001.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#``@&!@<&!0@'!P<)"0@*#!0-#`L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+#`Q-#0T'R<Y/3@R/"XS-#+_
MVP!#`0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P``1"`!``)<#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#2\5_\C5J7
M_78_R%8];'BO_D:M2_Z['^0J3PU=8U*VL6@@>.:<%V=-Q(QC'L*^MA)QH*25
M[)?D?GU2FJF+E!NUY/\`,PZ*Z;3+[[9XEM+>6VMMBRR(<1#YE.>H]L4^W6W3
M3M;ECN(;F01[@#!C82V,C/M2==Q=FNWXNQ4<&IKFC+37IV5^YRU%=A;O"GAW
M3)V-NDS+,FUH=QFVG"C/K7('J<C!]*TIU.=O38QKT%247>]U?\$)172ZM<MH
MFII86MM`8(T3*O$&\\D`DD]\TRU6"?PW?><8;7_2T`?RMQ4$$E1W`X'Y5'MO
M=4K:.WXFGU1<[I\VJO?3MYG.T5UM]Y4+^'!$(9%D`+N(@/,^;;R/I1:R*=;\
M0@PP%8X)6C4QC"%#A2/3BI^L:7M_5[%O`I2Y7+K;;^[S=_D<E16YX4C#>(;1
M)8E>*7<")%R&&#_45)92IJNEZE'=PQ;[:`S13H@5E((&TXZ@YJY5>635MK?B
M[&5/#<\$[V;OI;LK[^AS]%=QI\,,V@6L\T5NZ+:S&:(1CS9`#A6'TXYK*T%H
MCHE^97AB\N2(K-)%OVY.#^!J/K.C=MG8U>!M**YOB3?W)/N<Y173:?=0)J^I
MO=6D4UJ8V8H$QE1P&7TR.:-2L8]-T*;RF2:UN)T-K/M&2A!)&>Q&!FJ]O[RB
MUO;\?\B?J?N.:EHK_A^C.9HK=T^_LI=9DGN81!$8=D;K'O$+8`#D=_\`Z]0>
M(8I8[Z(RFW</"I2:W&%E7G#8['U^E4JCY^1JQG+#I4G4C*^MOZ_K\3)HHHK4
MYC8\5_\`(U:E_P!=C_(5FVEU-97*7,#!98SE6(S@^M:7BO\`Y&K4O^NQ_D*E
M\+:K=V.K6UO!(!#-,HD0J"&[5SQ;6'32OHOR.V<5+&23=O>>OS,VWU&YM;\W
MT#*EQDG<$&`3UP*6+5+J!+E8F15N1B4!!\P]/:NY\=:U?Z3JMM%93^2C0[B`
M@.3D^HJ30;BW\;:5<V>IP1?:X0,3(H#8/0^W-<_UG]TJTH>Z[==?R.Q8-^WE
MAH57SJ]M+)NVNM^J\CB8M?U&"W@@25/+@_U0,:G;[CCK6:Q+,6/4G)KT3P+>
MWG]IW6D73AX;9"J*5'RX..M<OXGU>\O]5N;>:0>1#,PCC"@!0.*UI5;UG344
MNM[]_D8XBA;#1JSJ-ZM)6V:WZE./7+^**)!*K&$8B=T#/&/]ECR*@&HW7V&2
MSW@P2/YC@J"2WKGK56BNGV<.QP.M4>CDR^=8O6^R9D7_`$3_`%'R#Y*FDU35
M;*^N9)3Y=Q<J/.#QCYE(],=Z3P[IPU/7+>!Q^Y!\R4GH$7D_X?C75^/[&*[L
MK+7+3#1,H1B!_">5/\Q7+4J4XUHTG'?_`(=?>=]*E7J8:>(4G[K_`.`W\DTC
MD8]<OXKB&>*1$>!"D6V,`(#UP*CN-5O+J`P/(!$3DHBA0Q]3CK5*NK\,^'K:
M:RFUO5R1I\`)5/\`GH1_3^=:U72I+G:,*"Q&(E[.,GYZZ6ZMF5;:EJ\GV46H
MD<V@*Q>5%G:#U'`Y!]Z0:CJFGQ31&+R(IVW.C6X"L?H16A>^-=1=S'IVRPM%
MXCBA0`@>Y]:+/QQJT$@%VT=Y`?O1S(.1[&L^6HU?V:]+Z_E8W4Z*ER^VE?O;
M3MWO:WX&1_:]X9YYBZEYT\N3*#!7TQVZ5`;N<V0LS(3;B3S`AZ!L8R*Z+Q/=
M6*7FF:CHT<5N7C\W]VH!#9[CU%=1_;-X?AX-3#J+P#'F;!S\V,XQCI42K\L8
MR4-W;T>W8N&$=2=2$JOPIO1736C?4\VM+V:RD9X2OSJ48.H8,#V(--NKN:\E
M$DS9(4*H`P%`Z``=!6Y#XWUR*0,UQ%*HZH\*X/Y#-/\`&-]#J=Q87T.T>=;`
MNB_P-DY%;*4E42E!:];W_0YI0@Z$G"HW:VC5MWZLYJBBBN@XC8\5_P#(U:E_
MUV/\A5?0O^0]8?\`7=?YU8\5_P#(U:E_UV/\A5?0O^0]8?\`7=?YUSQ_W=?X
M?T.V7^^O_%_[<=WXY\.ZAJ^H6\]DL<@2+8RF0*>IYYJOH4=OX)T^ZN]2N(3>
MS*`EO&X9L#H./>J/Q+_Y#5I_U[_^S&N*KDP]"57#1C*7N]K>?<]#&8J&'QLY
MPA[ZZMZ;;VM^IW'P^G>Y\2WL[G+R1EC^+5RNM?\`(<OO^N[_`,ZZ;X:_\ARX
M_P"N']17,ZU_R'+[_KN_\ZVI*V+FO)'/7;>7TF_YI%&BI[.SGO[N.UMDWS2'
M"KG&:CCA>6=847,C,$`'<YQ79=;'E\LK)VW.IT2WEL?"6I:E'$[3W7^BP[1D
M[3]X_P"?2MWPI')JWA2\T2]BD1D!$9D4C@\@C/H:S?$>KW?ATV6C:7<F$6T`
M\XH!\SGGG^?XU4T/QGJB:U:_;[YY;5GV2*P&`#QGIVZUY<Z=6M3E4BEJ[K>^
MFWX+\3Z"E6H8>M&C-O1<K5E;7?K?=_@<O-`\%R]O(-LB.48>A!Q7HOC-?[,\
M%:?80C",R(WOA2?Y\UC?$'2_L6MI?1K^ZNADX_OCK^?!_.M_Q#'_`,)'X%M[
MVV^=X0LI4=<@88?AS^5.K651T:CVO^)-##.BL507Q):>:O\`Y'F%%%%>H>`%
M>DV-M]L^&*P&>&#=G]Y,VU1\W<UYY-:3P003RQE(YP3&3_$!P37>+_R2<_Y_
MCKAQNJA9_:1Z^5KEE5YE]AF=HG@V*YOXVGU+3[FW4DO%!,69\=N,5R5PH2YE
M11A5<@#VS3K6ZGLKJ.YMI#'-&<JP[&I/LES/93:AM!A20([DC[S<]*Z(1G";
M<Y73M;H<=2=.I34:4+-7;ZZ6_0JT445L<AL>*_\`D:M2_P"NQ_D*7P\^DV][
M'=ZE<S1M#(&2../=OQZGM2>*_P#D:M2_Z['^0K'K"$.>A&-[72_(ZZM3V>*E
M-).TGOZG9^+-5T'7V6ZBN[A+B*,HJ&'A^<\GM7&4455&DJ4>2+T(Q.(EB*GM
M)))OL=EX2U70=!W74]U</<RQA600_*GK@]ZK:H/"VH:A-=QZC>0&5B[)]GW#
M)ZXKEJ*S^K+VCJ*3N_Z[&WU^3I*BX1<5Y/\`S.UT*]\*:'=?:Q=7=Q<*"$+P
MX"Y]O6L_PW<Z#87D>HZA<3FX1BRPK%E0<\'/>N:HH>&3YKR>OG_P`6/DG&T(
M^[JM.O??R-OQ/=6%_JLE]97,LQG8LZR1[=G3`'K679I;272+=S/#`<[I$3<1
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7W]=B?KC4)0A"*OI=+7\V%%%%;G&?_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>image_002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_002.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``@&!@<&!0@'!P<)"0@*#!0-#`L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+#`Q-#0T'R<Y/3@R/"XS-#+_
MVP!#`0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P``1"`#U`:0#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#V37_$T.@3
MV-NUA?7UQ>LZPPV<:NQV+N;.6':L_P#X36?_`*$_Q+_X"Q__`!RCQ!_R/O@_
M_?O/_1-=70!RG_":S_\`0G^)?_`6/_XY1_PFL_\`T)_B7_P%C_\`CE=710!R
MG_":S_\`0G^)?_`6/_XY1_PFL_\`T)_B7_P%C_\`CE=710!RG_":S_\`0G^)
M?_`6/_XY1_PFL_\`T)_B7_P%C_\`CE=710!RG_":S_\`0G^)?_`6/_XY1_PF
ML_\`T)_B7_P%C_\`CE=710!RG_":S_\`0G^)?_`6/_XY1_PFL_\`T)_B7_P%
MC_\`CE=710!RG_":S_\`0G^)?_`6/_XY1_PFL_\`T)_B7_P%C_\`CE=710!R
MG_":S_\`0G^)?_`6/_XY1_PFL_\`T)_B7_P%C_\`CE=710!RG_":S_\`0G^)
M?_`6/_XY1_PFL_\`T)_B7_P%C_\`CE=710!RG_":S_\`0G^)?_`6/_XY1_PF
ML_\`T)_B7_P%C_\`CE=710!RG_":S_\`0G^)?_`6/_XY1_PFL_\`T)_B7_P%
MC_\`CE=710!RG_":S_\`0G^)?_`6/_XY1_PFL_\`T)_B7_P%C_\`CE=710!R
MG_":S_\`0G^)?_`6/_XY1_PFL_\`T)_B7_P%C_\`CE=710!RG_":S_\`0G^)
M?_`6/_XY1_PFL_\`T)_B7_P%C_\`CE=710!RG_":S_\`0G^)?_`6/_XY1_PF
ML_\`T)_B7_P%C_\`CE=710!RG_":S_\`0G^)?_`6/_XY1_PFL_\`T)_B7_P%
MC_\`CE=710!RG_":S_\`0G^)?_`6/_XY1_PFL_\`T)_B7_P%C_\`CE=710!R
MG_":S_\`0G^)?_`6/_XY1_PFL_\`T)_B7_P%C_\`CE=710!RG_":S_\`0G^)
M?_`6/_XY1_PFL_\`T)_B7_P%C_\`CE=710!RG_":S_\`0G^)?_`6/_XY1_PF
ML_\`T)_B7_P%C_\`CE=710!RG_":S_\`0G^)?_`6/_XY1_PFL_\`T)_B7_P%
MC_\`CE=710!RG_":S_\`0G^)?_`6/_XY1_PFL_\`T)_B7_P%C_\`CE=710!R
MG_":S_\`0G^)?_`6/_XY1_PFL_\`T)_B7_P%C_\`CE=710!RG_":S_\`0G^)
M?_`6/_XY1_PFL_\`T)_B7_P%C_\`CE=710!RG_":S_\`0G^)?_`6/_XY1_PF
ML_\`T)_B7_P%C_\`CE=710!RG_":S_\`0G^)?_`6/_XY3K;QO'+JMCI]SH.M
M6#WLABADNX$5"P4MC(<]E/:NIKE/%G_(R>#O^PF__I/+0!U=%%%`'*>(/^1]
M\'_[]Y_Z)KJZY3Q!_P`C[X/_`-^\_P#1-=70`4444`%%%%`!1110`4444`9N
MMZI)I-E'/#:BYEDF2%8O,V9+''7!Z=?H#5*Q\2Q79:ZD,4.FO/\`9K>5]P>2
M7.WH5&`3P#_C3M>L-0N;S3[NT?S%M9"WV;:H#,5*ARQ/1<YP!FF7FC3R:+:Z
M)"&$>U"]X&&8V1E;.T\DD@T(#0;7-,2>.%KV(229VJ3Z$CGTY!'/7%2VFIV5
M^%-K<I+NC$HVGJA)`/Y@_E65+X762[FD6\=(9&67RP@SYBKM4ENI4?>V^O>I
M=-\/'3;>[C6]=WN(4B#[`/+"IM&!^9^I-'0!-.\26<^GR7%U<VZ/&WSB,D@*
M6(0^N2!TJQ;>(](O`3;W\3X9%.,]6!*_@<'GIQ69_P`(>L4JO:7[V^Q52/$0
M.Q1&4&,_Q9);/J33Y/!UO+!)&UY.-^GK8Y3"XV[L2?[WS&A@:]IJVGWT4\MM
M=Q21P'$K`X"<9YSVQSGI50>*=$*;_P"T8MOS<D$?=`)[>A!_&HHO#8CT&731
M=9DE96>8Q@[B"."I/((7&">E59_"/G6]SYE_++-*)B'**"#(1GVSM4(/04`;
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M'C/4#(]::?%&B?9_/_M&(Q_)R,G[P)7C&>@)_`U2'A(`N@OY!"<.J+&`1((]
M@8MW`'(7L>]-/A(QR_Z-?F&#?$P00@L@C`"A6SP>#SSG<:>@&_<W=O:6<EW<
M2B.WC3>\AZ!?6LU_$%O-/:BQGMYHFF=+AF8CRU5"Q/X?+U[&H=9M]6O=$6R$
M2//<S!9I(\;(HMV3D,P+?+QQUJO=>#ENX+A)-2G#W,3K*ZJ`2[%?F'H`%"@>
MG>D!HGQ-HJVWVAM1A$7F&/<<_>'7CKW'/3D5)_PD&E#[3_IL?^C$++P>">W3
MD\=!FL@^#CL95U)U\Q5$V(02Y#[SR3D!NA'.<#GBDN/!\UVBM/JTAE%S]H)C
MBV(<IL(V@]2#DG/7M0!NRZQI\.G1W\EW&+650T<@.=X(R,`<GCFJUSX@TZ/S
MX8KR%KJ.!IA&2>@7/;\/?FEFT8F?3I+:Y\C[$AC"^6&#*0`<=-IXZ_7BLW_A
M$7(96U64J4=`!$HQOD#L<]V.-I/I0!I:7J%W=SSQW$4*"&*(ML8\2,NYE.?3
MC\ZRT\9QOX?BU`6,ANIKHVD5F'&6DW[/O8X7OG'0UI_V3<)9ZC%!?E9KR5I!
M*\0;RP0!@#(S@#'6LS_A#0MW'+%J#)&+AKAX_)!^8KM&TY^4#);OSCTH#H:L
M?B'2V\Y3>PB2W4-,H;(7G'!QSSQQWJG/XH7^U;:QL;9;O[1:-<QLLVTG!P!M
M([GN>G.:@A\)RPO#*NJ$S0&+R\VZ[%"*PQMSWW$]>#S27?A.ZN-4EU--7\J^
MWQ^1.+8%HHUSF/K\RMGG_P#5A@:)\1Z?;8BU"XAMKM4W2PARX3D`C<!SC(_.
MGCQ%I+/&BWBN9&95V*S<@D$9`XZ&LJW\%QQO.9[Z2X6:?S6#)V+AV3J>"0.F
M..#FK$'AZ]MHFABU?;&RRDG[,-^]RQ+@YZ\CMT%+H!<M_$6EW`M,72*UY_J%
M8\OR<=.F<'&:H:YXJ;1=0DM_L`GAAMQ<2R"<*P!;:%"D<L>PSSBET_PE'8:L
MM[]LDE54C`B=>%9$V`CGCCVSDGFK-MX>1-6OM1O)(KJXN&4PNT`#6ZJ,`*<G
MZYXY)H`EE\2Z-!+)'+?Q(\6!(#GY<D+S^)`]C4*>+M#DNF@6^7*[1OV-LRV<
M#=C&>#52#P@J&(7-^T\4:PKY?DJJD1L6Q^+$$^I%6I_#@GGFE>\<E[AKA1L'
MR-Y>Q?J%ZCWH`GF\2:-!'#))J$069/,C/)W+@G/'T/Y&EB\1Z///!#%?Q223
MG$:KD[NGY=16*G@2%&F']H3&.6)(]I0?*0@0D<\97/;()/-;/]CN-9M[Q+H1
MVUO'Y<=O'$%XQC!;/*]#C'4"GH!JT444@"BBB@`HHHH`****`"N3\6?\C)X.
M_P"PF_\`Z3RUUE<IXL_Y&3P=_P!A-_\`TGEH`ZNBBB@#E/$'_(^^#_\`?O/_
M`$375URGB#_D??!_^_>?^B:ZN@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`0D`9/05QMSXNOI5G%@EBI>%'MO,D+,"\@1-X'3=RV.P'-=G55--L(QA+
M*V49SQ$H[Y]/7F@##\0ZM>V+0VT9@?\`T266Y7#;WP`JA,>KL/RK+3Q;<Z?:
MQZ9%:127L1:.,/(Q5ECV*<MCKN8C)XX)KM9+:"602201NX&`S("0,YZ_7FHS
MI]D71S:6Y9'+H?*&58]2.."?6A`8NO>(+O2[CRK:"WE9;?S6620ABQ<*J*`.
M2WS`?2LRU\136E]=%+4.MW(TD(:4CG>L2=>%4D,<^Q.*Z2'1;:/6+C5)"9[F
M4*$,J(?)49X0XR!SSR:LOI]E)&T;V=NR,GEE6B4@KG.WITSVH`Y5O&&H!3LL
M[679E6=9&"LWFB-=I(Y#$D#W4]JT-#\2R:WJ$XA@C6P1&*2EB&RKE>01T.">
M.G'K6X;.U*A3;0D#;@;!QMY7\NWI2Q6=M!YGDV\,?FDM)L0#>3U)QUH`Y.W\
M87T@CWV=JN\1,"92.'D8`X([HI;Z"D_X3.]EFA:VL()K>8Q[&\T@X=FQGCKY
M:[SZ"NK-A9L06M("1MP3&.-O`_+)Q0MC:(NU+6!5]!&`.F/Y<?2@#C!X@N9-
M1M-6:*':END4L2ROEO,;<2B]#M0!N1W(JQ:>+]2U&6W-E86SQ74BB'?(P;84
M9B3QVPN3T^;`SBNKCL+.&42Q6D"2!!&'6,`A1_#GT]J(;&TM@H@M8(@N<".,
M+C/7IZT`96DZS<71U![X6<<=H1GR9"_&W=N)QC!'(Q^-8=GK=W86$[0/;R1P
MVR7!664_*TK%R#U)VIS@'IVKL8+"SMK=[>WM((H7SNCCC"JV>N0.#3)-*TZ4
M8DL+5P"IPT*GE1@'IV'`H`Y6Y\77]I=S1L+*7>1#;K'O(,BQAY"3CI\P`Z5/
M'J\^MZMI=L4BA19#,ZI,2^8QANG&W>V.>N"<5TKZ?92_ZRSMW^?S/FB!^?\`
MO=.OO3H[.UBF::.VA25B2SK&`Q)Z\_@*8''77B$Z1K6I:F\:R63$Q,JR,741
M+R^WH`7.W/TI7\12SRVUS=01B6U:66..&8CS1\L:`YQ@%G/7^[FNO%A9@SD6
MD`,_^N/EC]Y_O>OXTG]G60C\L6=OY?E^7M\I<;/[N,=/:D@9RD_C*]LQ(TUG
M;31H+A5:"1L221('PI(^[RP)]5-=/I=X]_9BX=459#NCVD\H>A.?6IQ:6RQ+
M$MO$(T4JJ!!A5/4`>E/6*-'+K&BL0%+!<$@=!3`?1112`****`"BBB@`HHHH
M`****`"BBB@`HHHH`*Y3Q9_R,G@[_L)O_P"D\M=77*>+/^1D\'?]A-__`$GE
MH`ZNBBB@#E/$'_(^^#_]^\_]$UU=<IX@_P"1]\'_`._>?^B:ZN@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MKD_%G_(R>#O^PF__`*3RUUE<IXL_Y&3P=_V$W_\`2>6@#JZ***`.4\0?\C[X
M/_W[S_T375URGB#_`)'WP?\`[]Y_Z)KJZ`"BBB@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`*\[^,GB630?!AMK6=XKW4)!#&\;%651RY!'3C`_&O1*
M\1^)D`\20^*=4(WV^@I#9VWIYI<-,P]P&5:`.S^$VIO>?#6RN;RZ>5H3*LLT
MTA8C:QZL?05YMKGCB_\`'GQ)TK2M(O+FVTE+M(T\B0H9ANRTC8[8!P/3ZTSX
M<Q:KXL\-CPE`'M=%BN&GU.\5L&1&P1"OIG!S[?JSX=?V?>?%G5-9"PVNEZ='
M/.F1M6)!\B_DN:!GM_BOQ-9>$O#]QJEX<[!MBB!YE<]%'^>!FL;P?X[36O`D
MGB;65M["**219=K$JH4X'7DDUP7B#Q-+X@TS7-8N=`U>2S:REM]*F%N/(BB8
M8:9B3G<Q[XX48[FO.VU.>;P%HOA])/+MI]2E>8@]3E`N1Z#<30![II'C7Q%X
MREDF\,Z-;V^E(Q07VINP\TC^XB\_K7.?$/Q?XMT;PSJ&GZO:VEG+<.D5I>V$
MS#S0<L^`>5P!CKWKUG3-/MM)TNUT^T0);V\:QHH'8"O"?B=-/XV^*EAX7L9/
MEML0%NH5V^9V/T4#\J!&_P"$M?U+2/"=CHNE^=K/BK44^U.)YF>.S1_NM*Q)
MP`N/EZDFI=?U>[^%>G6US-=RZ[XBU68^:US,PC51R1&@.%&2H&!7,?!'49-+
M\=:EHER2&N8V7#=?,B8_TW?E5G7XKCXB?&T:=9W1@M]*7:)P@<1F/EFP>"=Y
M`Y]*!G=7WB7QKHFCSZQK&F:)%8P0F5UBN)&DSCY5`(QDL0.M6_AOX^'CG2KA
M[B&*WU"VDQ+#&Q*[3]UAGGU'X5@:WI6HW>OZ+X.U/7)M96[G^WWGF0I$$MXN
MBX7J&8CKZ5P,CW'P@^*KN$D;3),D*/\`EI;L>@]64_R]Z!'LDWB36KWQ)K6D
MZ'964PTV"+][<R,JM.YSM)&>`O/3K7'^)OB;XL\*ZA;:?>:7HEQ?7'*V]I/*
M[C/3(P.O:H4\:)X*\%?;7C$_B;Q#,]\EL!DKYA^0M_LA=H`[]*UOA_X#ETIY
MO%_BR7SM;G4S-YW_`"[+C))_VL?D.*`*U[\3O$.G^(=)T&YTK3UU"XC66]42
M/BU4Y.,]R$!8]J/"_CSQKXV:_FT33M&CL[:;8KW;R*6!R1]W.3C&?K7EEWK+
MWS^*/%DK$2WLILK3U`?[V/I$N/\`@5>J_#WP%K.G>'-,G3Q->6,4^VZFL(H$
MVG=@XW'GE0`:!GI.E?VD=,A.KBV%\1^]%J6,8.?X=W/3%7:**!!1110`4444
M`%%%%`!1110`4444`%%%%`!1110`5RGBS_D9/!W_`&$W_P#2>6NKKE/%G_(R
M>#O^PF__`*3RT`=71110!RGB#_D??!_^_>?^B:ZNN4\0?\C[X/\`]^\_]$UU
M=`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`9OB'5XM`\/:AJLQ
M^2U@:3'J0.!^)P*X@:7;Z1\$;U=:>0/=6LEW>,I&]I93NP,\9R0*M?$"7^V=
M=\.^#XR2+VY%W>`'I;Q?-@_5AC\*P?CEJLC:?I7ABS)-QJ,X9HUZE0<*/H6/
M_CM`&/9^,KOPO\+;*YL_#4-MHMV'MUD%YF<N009"-N"20>_8=JTO#/PFTE[+
MRH?$ES-:W(@FO;+;&'=,;ECD(.5!SR.^*S_%WABZMM/\/Z=XCUS38+6W"P65
MA;HRHS``-+*S'.T#DX'.<#[U1?#K6;?PY)\0-1:Z^UQ6F'2X)SYV"X3\SB@9
MZIK<WAW4M%O/#TNLV-JLT1M2B7$8:/M@*3P1Z5PC_#7P)#H4NBW/B6$317+3
M).UU$LD+%0I4C/3Y1P:X7PYH\GB^V7PI):I;:I=W7]K7VH7`&_RB!@1#J<A@
M?3FNL;0]+\2?&V+3H+"V&F:#;@W.(EQ+(/[_`!\QR1G/]TT`=?H_AMKN"&VD
M^(%[JMH@&V*WEB0NJ\89DRQ'KS4>B^`]`\'^*I_$%WK9>]E21L7<B(%W,-S#
MIZX_&O,M0N[_`$'Q1:_$/3[:.+19;Y[2&&%`B^0OR]!QA\,1[BI/&^I2>-M?
MA32XVNQJDZV]I&#M+VT/+')^Z&D+<G^Y0!W47@SPG_PFDWBNQ\50QW$<QNGC
MCN(C&F[@YYX!)_6J^B?#;28]0NKC0?'=Z+R<$SO9W$3.P)SSC/&:YSXA-%#I
M&G:%#X6ATBZO)#/>6UJT;RM:Q<\LH&<X8X_V<TMKX:U'Q-I6L^-?#445D]U:
M_8["QM6`?RU(5RQX`<JIX%`'I>@:5HUEXJNKQ?$`U+5Y+:.U*2W"-(B)UX'.
M2>34WC3P'I?C>&T6_DEADM7+)+%C)4]5.>QP*YKX3ZE8ZW:M!/X=@L-5T-1;
M-*D04G<,'W#';R#72?$C7_\`A'/`FI7B-MGDC\B#G^-^!^0R?PH$>/\`A?1-
M-\5>/=2E.J7MK':3;+;46NE$DLF=J*@*X!P"0!T`&*]1/@)H8KJ.]\8ZW-;W
M4+6VRXN%P-_'''+=0/K7BUIX4U&[\#275@[I)I*)J,RJ#N>1_NX]TC4-_P`"
M-;_BCXG3:[X>T*XL0?MMH!)<<?*ET04C/O\`Q./PH&=3J?PK\&V>G66F7WB*
M2SCMV>15DN8T9V?&6.1Z`#Z"NV\,>&QI#M=IXBU+5898@L8N9Q)&HSU7`Q4/
MACP/I>CZ&L%Y;17U]<)NO;JY42/,Y'S9+<X]!71V%C:Z98PV5E`D%K`H2.)!
M@*/2@18HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"N3\6?\C)X.
M_P"PF_\`Z3RUUE<IXL_Y&3P=_P!A-_\`TGEH`ZNBBB@#E/$'_(^^#_\`?O/_
M`$375URGB#_D??!_^_>?^B:ZN@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`****`.?M?"L4'C>]\3R7<LT]Q;+;1PLHVPH.3M[\FJE[X"T[4/'%MXJN
MKFYDN;8*(8"1Y2X!QQC/4YZ]:ZNB@#)MM!MXM:O-6G=KJZN`(U,H&(8AT1!V
M&<D]R:Y"\^$6G7CZQG5+R.'5KI;FXB0*!PQ8*..F37HM%`',#P/IT?C*V\36
M\LT-U!;"V\I"/+=`"!D8SP,?D*AT;P#8Z'::W';7MVUSK#,T]TY4R+D'[O'^
MT376T4`<_?>#M+OO!G_"+,C+8K`L,9&-R;>C`_WLC-<W'\)[:TU.TO\`3M=O
M[*>TM5M8#&J'8H&#U'4DDGZUZ)10!R=MX$M5\2S:[>WUS?74ED+(><``JXPQ
M&!U/.?J:S]&^&TGAM$CT7Q/JEK`I8^2RQR)\V,\%<9X'-=Y10!PVF>!7LO$,
M4Z7=Q'I]K*URP,I,M_=-]Z65A_"!P%Z=:TO&?@FS\;6EK:W]W=0P6\AD"0$#
M><8YR#TY_.NGHH`R-#\.V6A6-S:0;I$N96ED,@!SD`!?H%``'H*Y=/A!X:30
M+_2!]I\J[N1<B0.-\3#(4*<=`">OK7?T4`<E_P`(7>S:;]AO?%FLRQ!-B&)D
MA8#U+*N6/U-=/:6Z6=G#;1L[)#&L:M(VYB`,9)/4^]344`%%%%`!1110`444
M4`%%%%`!1110`4444`%%%%`!1110`5RGBS_D9/!W_83?_P!)Y:ZNN4\6?\C)
MX._[";_^D\M`'5T444`<IX@_Y'WP?_OWG_HFNKKE/$'_`"/O@_\`W[S_`-$U
MU=`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`$<D\4)02R
MHAD;:@9@-Q]!ZFFB[MC/)`+B(S1+NDC#C<@]2.PK$\50/,VC/'9RW#PZE%*6
MCCW&-1G<WL*Q_P"R[G[=(EQ977EPR7<EQ/#G=.DOW`A!R3C'';;]*$,Z[^U-
M/^Q->_;K7[(IP9_.78.WWLXJ6:\MK:..2>YAB21@J,[A0Q/0`GJ37/2178\'
M7T-W;SW0;>D,7E!I7B/W0RCC/K[=>:QIK'48)-)6?3[J>#3KW%H8DWMY.QL,
MP[$!E3GT)I]1=#O998X(7EE=4C12S,QP%`ZDU':WMO>Q++;2B6-D6174'#*P
MR"#WR*X&(^))(IHKBVU86$DN[&_=.H,7"YX./,SG''X5%8+XEMM+^SK;ZG']
MECMMD!4`-B/:Z*Z=/FP<\CUXI`>E45Y]>'Q5Y%Y)&-2CN@DOFK&%=#\P\GR>
MV<=?QSVK:TN]U&TTS6))K749S#<M]D26/,DB%5QCU&XM]!0!TD<T4N[RI$?8
MQ1MK`X8=0?>GUY_::5K-I-JNFXFB-_`MU%=V09$2X`^8,3R"^`3^-37,/B&X
MO+"9)M4L;>X4S.D:B9HI<CY&!.`NT>XR3WH`[JBO.K27Q&$C:1-:?;'#++O4
M`EEG(=0!QS&>@Z_6I]/C\3RZM:+=3:G:VD<C&/Y%D\T"5LB4[N`4VXR/7H:.
MH=+G?4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`5R?BS_D
M9/!W_83?_P!)Y:ZRN4\6?\C)X._[";_^D\M`'5T444`<IX@_Y'WP?_OWG_HF
MNKKE/$'_`"/O@_\`W[S_`-$UU=`!1110`4444`%%%%`!1110`4444`%%%%`!
M1110`4444`%%%%`'+ZAXDOM-U.ZM+BWMUC9#]CN=S;#)@L(Y/0D#@C@\CK2_
M\)OI=JOD7TX-['!YL\=O&SA<*&8#OP#GZ5H7GAZUU%-1BOI9KBWOD"/`Y7:F
M!P5P`0>^<FBV\.VEK+=&.6<P70_?6[,"C':%+=,Y('/..^*.@]!UGX@LK^\>
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MLUS#:+=6F_%RB9\U5P274=&P!DCJ>U9D_B;4;>/^TB-.ET5;D)+<1,Y9(2`1
M)Z$<C/IUKH)=/>>2QDDO9U>U.Y@@4+*<8.X$'CKTQUJDWA?3QHE]I-NTUK:W
MCN\@A897?]X+D$`'TQWH`M:?<ZC<64UQ<0P*6+-;(K,,I_#OR."?;I6''XMN
MY](LKJ*RA\^2S>^GC:0[5C0@%5..6.>,\<5T\<!CM%@\Z1BJ;/-.-W3&>F,_
MA6*GA"Q33;6Q^TW92WB:#?O4/)$QRR,0N"#@=`#[T`O,BL_$\U[=1F*U3[+<
MF5+5F<AF>,9.[C@'G&,XQ55_&CKH6G7?V0"YNX#/*!N>.VC7[SM@9*@D=!6Q
M#X<L[>\:YA>9"-YBC##9"SC#,@QU..^1[<U53P?8II]K9BZO-MO"]OYF]0TD
M3?>1L+@C@=`#[T`;\;B2)'#!@R@@KT-.IL:+%&L:*%1`%4#L!3J`"BBB@`HH
MHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*Y3Q9_P`C)X._[";_`/I/+75U
MRGBS_D9/!W_83?\`])Y:`.KHHHH`Y3Q!_P`C[X/_`-^\_P#1-=77*>(/^1]\
M'_[]Y_Z)KJZ`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHJM?:C9Z9
M`)[VXC@C9PBLYQECP`/4F@"S161'XHT25U2/4H&9D,F`3E5&02W]WD'KBF/X
MNT&-$=]2B4/NQE6S\OWAC&01D<=:`-JBLD>)=(:-G6[W;9&B("-G>J[BO3KB
MLO\`X2N6/4EAFC@"EMIA3>9$P,M\V-A*@@E1TSUH`ZJBL;_A+-!.[&J0,%ZE
M22/O;2<^@/!/;O4W_"1:1_I(^W1YMB!*.>,D@8X^;D$<9Y&*`-.BN>L_%=I<
M:E=6\K1)`IB^S2JQ;S@ZELD8^7&.]6/^$MT#RRXU6W(!88#?-\HR>.O3GZ4`
M;-%8MUXJT:W:2$ZE!',L32`RA@F``2=V,$#(Z'O3YO%&B6LCPW.J6L<L:AG#
M/C&<#CUZCCKR*`->BLD>)M&/D_\`$PB'FN8USD88'!!X^7D@<XZU5;QMX>2:
M-#J"[)$>03;&\H*O4[\8[^M`'045DOXGT2.$32:E`D9D,66)&&&,Y].HYZ<B
ME3Q+HTK%8[^)\2&/*`D%AU`(&#C'/I0!JT53NM6L+*YAM[FY2.:<@1H>IR<#
MZ#/&350^*-#4N&U.!2CB,@M@EB2!C^]D@CC/2@#7HK/L-;TS4Y?*LKR.9_+\
MS"Y^[G&?SX/H>M:%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`5R?BS
M_D9/!W_83?\`])Y:ZRN4\6?\C)X._P"PF_\`Z3RT`=71110!RGB#_D??!_\`
MOWG_`*)KJZY3Q!_R/O@__?O/_1-=70`4444`%%%%`!1110`4444`%%%%`!11
M10`4444`%<UXV@U>ZT>&'1K`7=P+J*0YF2/RPC!\_-P>F,>]=+10!Y5_8_B9
MWO#+X8N&%Y`T4P74(%)=GWEP>W/;I@4Z[TWQ9>J[3>')OM#R"X:9;ZW!$Z@+
M'(!VV@=.0<\UZG10!YR5\6&_N;P^$I&EG@2-A_:D(4R+UDV]B0%'T%9MJOBM
M=4*KX3OSY'G'$UY`(F\R0.</U)SP3W''%>L44`>3/HWC![22W.A2[9(9XB1=
M6_2602,>O8C`I_\`97B\WGVZ70[N2]&S9*VH6^`5<LN5Z$#<1@8X]Z]6HHV#
M<\JETOQ=/K5QJDGAZ?SKF(03A+V!0\6TJ4Z]\Y!Z@CO0ND^*HK:UAA\,>5]G
M21-T=Q:J9`R;`6QC)`/7O[5ZK11TL.[O<\F72O&@M+BW?199%FM19[FN;?<D
M07:%7G`'<^II)M$\4&QOH(/"BB2Z(82O=V^]'RI8[@,D$KG;V]<5ZU13N[W$
M>576E^+;K<7T"Z#23"XEVZA;[6E#*5;;VP$`P<\>](^D^+6TJWLAX?G5H89X
M#+]MM_G64@G*]`1BO5J*0'E/]C^)WU5M1G\+&>9Y"S++=6S)M*JI7!S@_(I#
M=N>HJ4Z=XI:Q^S-X8FW"[DNDF2_@1XRYR0I'3N,^_(->HT4`>>R2^,6U/[<O
MAB5'>+R9T_M"`B1`Q*C_`&2-Q&>_I66-'\4J+/;X<GW61C6W9KZW)6)'WA#Z
M\@?-Z#I7JU%`'!^$=,U^WUR.;4].DM8(K:6,.TT3AB\N_&%.0<G]*[RBB@'J
M[A1110`4444`%%%%`!1110`4444`%%%%`!1110`5RGBS_D9/!W_83?\`])Y:
MZNN3\6?\C)X._P"PF_\`Z3RT`=91110!RGB#_D??!_\`OWG_`*)KJZY3Q!_R
M/O@__?O/_1-=70`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`&9+
MK&)KF.WLY[K[.0C>5C)<C.T9('`Y))'4"H;?Q-974^G1Q17.+^!YXG,>%`7&
M0?\`:YZ55_L[4K=]3M;+RU%W<?:1-+DKM8`,G!!#<<'T/M4G]CWYU+1[KS+-
M$L8I4>-(V`.X`#;SP!@=::`>?$T*2S)/9W,`MS&9C*`-L;Y"R<$Y&1@CJ.XJ
M;4]?MM+N/)EBFD*Q>?,8P,119QO;)'&?3)X-9EWI.K7&G7MG<_99)-0(C>6!
M6&T=V8L>@7@`=ZN:[X;BUV6W281+!&,2.%/FLN02@;.`IQSUI`+<>*+6TN9(
M)[:Z1M@>`E1B?+A`%YX.YE'S8ZYZ5>LM5M[VRFN</#Y#,DZ2XS$R_>!P2/R-
M9D^D:C=O>BZ72YHYD\M%>)SA0<JIYZ#KQU.*ETWPW'I-HBVUS,UPA>0LTC".
M21N260'!'IZ`"CH`?\)-`=.@NQ;28N9!';)YL69LC.0=^T<9X)!]J6;Q/8VU
MQ)'<)+'%$2DDY`*+($WF/@YSMYZ8[9S5<^'[HV5U"38_Z?(6ND\D^6N5"YC7
M/7C.3U-5[CP<;GS+22\/]GNYGV[<R^:8_+R6S@C^+IU]J`-FPUJWO8;B1HY+
M9K8!I4G`!52NX-P2,$<U5B\2)/,D$%C<S3F,3M''MS'$Q.UF)(`)QD*,FF0Z
M!.UAJD=[=))<ZA%Y+O$I554)L&`3[DGW-5K#2-1M[O\`M&T>*WGF@CM[R"X0
MLI,>0'0@^A/U&.E/2X=#0OO$=I9Z5<W:8EN(+8W+66]5F"XSRI/'XTZSUZ&X
M;4_.B-M'8%?,D=@05,8?=QT&#^E8>L^$=4U.\N)UU*V&^&6%`UN1Q(BJ2VTC
M)R,Y_#M6A:>'9S'K4.HS0R0ZDBH1`I4J!$(SR2?3-+HPZHNV6N+>)'*;*[@M
MI4,D5Q,JA&4#.3SE<CIN`JIJGBJWL!&]O!]NADMI[A98)D*GR@"5!SUY_2HY
M-!U2[T&32;O48=BQJD4T<)#/MQ@N"<=AD#KDUG7?@[49WEFCN[&.6X2X\Y1"
MVP-+&J949Z`+DYZDFA^0+S.JAU.TE1<W$*2>4)GC,@W(I&<D=A[U2N/$VF1$
M);W4%U,8C.(H959FB!PS+ZXYX]C6`G@)O]+:2:U:>;#QW'E,71_ERO+8*$J.
M.N.*OW&C7\5S_:"+:O.]G):O!;Q;5+.V0P)/`[G-#\@7F=+%*DT22QL&C=0R
ML.A!Z&GU5TVS&GZ7:608L+>%(MQ[[0!G]*M4WOH);!1112&%%%%`!1110`44
M44`%%%%`!1110`4444`%<GXL_P"1D\'?]A-__2>6NLKE/%G_`",G@[_L)O\`
M^D\M`'5T444`<IX@_P"1]\'_`._>?^B:ZNN4\0?\C[X/_P!^\_\`1-=70`44
M44`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!16-?>)+2POA:26U_)(Q
M(4Q6K.K$+N(!`YP*4^)]+$VPR2>6'$3W'E-Y22'`",_0')`^IQ0!L45F6FNV
MU[:7ES##=;;1VCD5H&5BR]0H/7\*LZ;J$.J:=!?6ZR"&==Z>8A1B#T.#R*`+
M5%8H\3VC7-S`EIJ+-;2&*5EM'*JP`.,X]"/S%00^,])FM);A1=J([87>QK9P
M[0DXWJ,<B@#H:YS7[N8:YI&G-<26EC=B4RSQOL9G4`K&&_ASDGCD[<5/)XHM
M884EDLM20/(L:*;1\L6Z8'OBK,MY87>CRW-];,+5<^9%=P8/'^R1S[4`CF]&
M\0ZF^N_V.K0W%K]IF6"\GD)>2.,)D``?,06(W9_AKMZYY=8T&._BBDMT@GMD
M*+(]O@0$)O:,.!A2$Y(!Z5.?%.F"V\XM/NW[?)\EO,Z;L[<9QM^;/I3Z!U-J
MBJ=GJ5O?/*L+'=%@D'NK#*L/52.A]C55?$-FR7.V.Z,ENP5H?L[>8V02"JXY
M!`)_"D!K45D+XETQVLMDKM'>;1#,(VV;F^ZI;'#'T-3ZCK-II1C^U&148@,Z
MQEEC!.`6(^Z,G&30!H45B/XLTB*2X5YI%$`;+F)MKE6"L$./F(8@8'<U)'XC
ML9HH6B2YD>61H_)6%O,1E.&W+V`)&3[T`:]%%%`!1110`4444`%%%%`!1110
M`4444`%%%%`!1110`5RGBS_D9/!W_83?_P!)Y:ZNN3\6?\C)X._[";_^D\M`
M'64444`<IX@_Y'WP?_OWG_HFNKKE/$'_`"/O@_\`W[S_`-$UU=`!1110`444
M4`%%%%`!1110`4444`%%%%`!1110`4444`8^IV=[<:YI%S;QPM;VKR-,7E*M
M\R[?E&TYZYZBL>3PQJ)TF[T!9+?^SKFY:;[26/FHC2;RNW&"<Y`;/X5V%%`'
M+V=IX@M8;V$65AMN+F68.;MCA6Z#&SK[U-I5CK<>F6FG7+0V4=O`J&>UF\QW
M8`#@/'@#KZFNBHH`Y>PT"XAU;5]2N+6!KF:0M:NMPV2/+"8<;0!G&>`>OM6-
M8^$-9TK19[.VAL9#>6/V><27#_NI`-NY&V$E".2O&#TZUZ#11Y!<XB;PWJ#Z
M;'9PZ5810BXAFDC^WR'S-G7YMF1T``%:5QI5X?"[6B6L4#PS)-%;PS-("JN'
MV[F`R3@_G72T4[@<9=^&KW5M3NKQ)(88;R-E,V&#F(Q[1&T9&,AN=V<XXI[>
M'=6-\VK`V@OF4PF'>WEJAC"9W;<YR-V,=.,]Z["BD'F<]HFF/::BSKO\BULH
MK%&<;?-9,DMCTY`S]:BATO5;1]2N[2WMXIKYT+6XNF*J1D-(&*?>(P,8QP*Z
M:B@#GEL=2W6$']GV<=I;!2JK=$[&'&<;/FP.G(YYJ2_L=2:*&U0+J%N6WRO=
M3B-B0<A<)'@J.OX5NT4`<3+X6U9Y]3='LE-VL@D))*W`9@5!7&(R%!4L"<YS
MU%6(O#E]_9L%G)#:J4E9X;@3,TEFNX$*K;<O]21[YKKJ*$`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!7)^+/^1D\'?]A-_P#TGEKK*Y3Q9_R,
MG@[_`+";_P#I/+0!U=%%%`'*>(/^1]\'_P"_>?\`HFNKKB?&>IV>C^+?"=_J
M$ZV]K')=!Y6!PI,.!T]ZM_\`"RO!O_0?MOR;_"@#JZ*Y3_A97@W_`*#]M^3?
MX4?\+*\&_P#0?MOR;_"@#JZ*Y3_A97@W_H/VWY-_A1_PLKP;_P!!^V_)O\*`
M.KHKE/\`A97@W_H/VWY-_A1_PLKP;_T'[;\F_P`*`.KHKE/^%E>#?^@_;?DW
M^%'_``LKP;_T'[;\F_PH`ZNBN4_X65X-_P"@_;?DW^%'_"RO!O\`T'[;\F_P
MH`ZNBN4_X65X-_Z#]M^3?X4?\+*\&_\`0?MOR;_"@#JZ*Y3_`(65X-_Z#]M^
M3?X4?\+*\&_]!^V_)O\`"@#JZ*Y3_A97@W_H/VWY-_A1_P`+*\&_]!^V_)O\
M*`.KHKE/^%E>#?\`H/VWY-_A1_PLKP;_`-!^V_)O\*`.KHKE/^%E>#?^@_;?
MDW^%'_"RO!O_`$'[;\F_PH`ZNBN4_P"%E>#?^@_;?DW^%'_"RO!O_0?MOR;_
M``H`ZNBN4_X65X-_Z#]M^3?X4?\`"RO!O_0?MOR;_"@#JZ*Y3_A97@W_`*#]
MM^3?X4?\+*\&_P#0?MOR;_"@#JZ*Y3_A97@W_H/VWY-_A1_PLKP;_P!!^V_)
MO\*`.KHKE/\`A97@W_H/VWY-_A1_PLKP;_T'[;\F_P`*`.KHKE/^%E>#?^@_
M;?DW^%'_``LKP;_T'[;\F_PH`ZNBN4_X65X-_P"@_;?DW^%'_"RO!O\`T'[;
M\F_PH`ZNBN4_X65X-_Z#]M^3?X4?\+*\&_\`0?MOR;_"@#JZ*Y3_`(65X-_Z
M#]M^3?X4?\+*\&_]!^V_)O\`"@#JZ*Y3_A97@W_H/VWY-_A1_P`+*\&_]!^V
M_)O\*`.KHKE/^%E>#?\`H/VWY-_A1_PLKP;_`-!^V_)O\*`.KHKE/^%E>#?^
M@_;?DW^%'_"RO!O_`$'[;\F_PH`ZNBN4_P"%E>#?^@_;?DW^%'_"RO!O_0?M
MOR;_``H`ZNBN4_X65X-_Z#]M^3?X4?\`"RO!O_0?MOR;_"@#JZY3Q9_R,G@[
M_L)O_P"D\M'_``LKP;_T'[;\F_PK&U/Q5H?B'Q7X3@TG48KN6+4'D=8PWRK]
MGE&3D>I'YT`>B4444`%)@>E%%`!@>E&!Z444`&!Z48'I110`8'I1@>E%%`!@
M>E&!Z444`&!Z48'I110`8'I1@>E%%`!@>E&!Z444`&!Z48'I110`8'I1@>E%
M%`!@>E&!Z444`&!Z48'I110`8'I1@>E%%`!@>E&!Z444`&!Z48'I110`8'I1
M@>E%%`!@>E&!Z444`&!Z48'I110`8'I1@>E%%`!@>E&!Z444`&!Z48'I110`
M8'I1@>E%%`!@>E&!Z444`&!Z48'I110`8'I1@>E%%`!@>E+@>E%%`!1110!_
"_]D_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
