<SEC-DOCUMENT>0000101984-21-000015.txt : 20210504
<SEC-HEADER>0000101984-21-000015.hdr.sgml : 20210504
<ACCEPTANCE-DATETIME>20210402110457
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000101984-21-000015
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20210402

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UNIVERSAL ELECTRONICS INC
		CENTRAL INDEX KEY:			0000101984
		STANDARD INDUSTRIAL CLASSIFICATION:	HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651]
		IRS NUMBER:				330204817
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		15147 N SCOTTSDALE RD
		STREET 2:		SUITE H300
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85254
		BUSINESS PHONE:		480-530-3000

	MAIL ADDRESS:	
		STREET 1:		15147 N SCOTTSDALE RD
		STREET 2:		SUITE H300
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85254
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2021 Workiva -->
<title>Document</title></head><body><div id="i921ac189ae5f43eb975e1b88ce3c43f7_33"></div><div style="min-height:81pt;width:100%"><div><img alt="ueilogo1.jpg" src="ueilogo1.jpg" style="height:83px;margin-bottom:5pt;vertical-align:text-bottom;width:267px"></div></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">April 2, 2021</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">CORRESPONDENCE VIA EDGAR</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">United States Securities and Exchange </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Commission Division of Corporate Finance </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Office of Manufacturing</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">100 F Street, NE</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Washington, D.C. 20549</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Attention&#58; Eiko Yaoita Pyles, Staff Accountant</font></div><div style="text-indent:5.9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">               Melissa Gilmore, Senior Staff Accountant                     </font></div><div style="text-indent:67.5pt"><font><br></font></div><div style="text-indent:67.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Re&#58;  Universal Electronics Inc.</font></div><div style="text-indent:90pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Form 10-K for the Fiscal Year Ended December 31, 2020</font></div><div style="text-indent:90pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Filed March 5, 2021</font></div><div style="text-indent:90pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">File No. 000-21044</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Ladies and Gentlemen&#58;</font></div><div><font><br></font></div><div style="text-align:justify;text-indent:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">This letter responds to the comment of the Staff (the &#8220;Staff&#8221;) of the Division of Corporation Finance of the Securities and Exchange Commission contained in the letter from the Staff dated March 23, 2021 (the &#8220;Comment Letter&#8221;) in regard to the above-referenced Form 10-K (the &#8220;Form 10-K&#8221;) filed by Universal Electronics Inc. (the &#8220;Company&#8221;) on March 5, 2021.</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">            The Company&#8217;s response to the comment presented in the Comment Letter is set forth below the full text of the Staff&#8217;s comment.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Form 10-K for the Fiscal Year Ended December 31, 2020</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Note 2. Summary of Significant Accounting Policies</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Revenue Recognition, page 48</font></div><div><font><br></font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;padding-left:10.5pt">We note your disclosure that you record revenue for minimum guarantees over the license period. Please clarify for us and in your footnote whether the licenses are functional or symbolic licenses and the pattern over which minimum guarantees are recognized over the license period. If revenue is recognized ratably, explain to us how this depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services in accordance with ASC 606-10-10-2. In this regard, we note your revenue footnote from prior year indicated you recorded revenue for a contract containing a minimum guarantee provision when delivery of the intellectual property had occurred. Refer to the guidance in ASC 606-10-55-57 through 63 and ASC 606-10-55-65. </font></div><div><font><br></font></div><div style="text-align:justify;text-indent:28.1pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Response</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#58;</font></div><div style="text-align:justify;text-indent:28.1pt"><font><br></font></div><div style="text-align:justify;text-indent:28.1pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our licenses are symbolic, and we record per-unit licenses with minimum guarantees ratably over the license period to which the minimum guarantee relates and any per-unit sales in excess of the minimum guarantee in the period in which the sale occurs.  In future filings, we propose to revise our footnote disclosure regarding revenue recognition for licenses substantially consistent with the proposed disclosure below based on our disclosure in the Form 10-K (additions double-underlined, deletions stricken-through)&#58;</font></div><div style="text-align:justify;text-indent:28.1pt"><font><br></font></div><div style="text-align:justify;text-indent:31.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8220;We license our </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">symbolic</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> intellectual property </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:line-through">including</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">which includes</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> our patented technologies and database of control codes. </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Revenue is recognized for these licensing arrangements on an over-time basis.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> We record license revenue for per-unit based licenses when our customers manufacture or ship a product incorporating our intellectual property and we have a present right to payment. We record </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:line-through">revenue</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">per-unit-based licenses with minimum guarantees ratably</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> over the license period </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:line-through">for minimum guarantees</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">to which the minimum guarantee relates and any per-unit sales in excess of the minimum guarantee in the period in which the sale occurs</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. We </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">record licenses with fixed consideration ratably over the license period.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:line-through">revenue upon </font></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:81pt;width:100%"><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">United States Securities and Exchange</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Commission Division of Corporate Finance </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Office of Manufacturing</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Page 2</font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:line-through">delivery of intellectual property for fixed up-front fee licenses.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Tiered royalties are recorded on a straight-line basis according to the forecasted per-unit fees taking into account the pricing tiers.&#8221;</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">            With respect to recording revenue for minimum guarantees, we have utilized the following guidance from the FASB&#8217;s Transition Resources Group (the &#8220;TRG&#8221;).  Pursuant to the TRG&#8217;s guidance, there are three views&#58;</font></div><div><font><br></font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">View A &#8211; If an entity expects total royalties will exceed the minimum guarantee, recognize revenue as the royalties occur.</font></div><div><font><br></font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">View B &#8211; Estimate the transaction price for the performance obligation (including fixed and variable consideration) and recognize revenue using an appropriate measure of progress, subject to the royalties constraint.</font></div><div><font><br></font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">View C &#8211; Recognize the minimum guarantee (fixed consideration) using an appropriate measure of progress and recognize royalties only when cumulative royalties exceed the minimum guarantee.</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">            We believe that View C is the most appropriate because a customer would have equal access to the intellectual property over the term of the license (supports ratable approach), and we do not know if the customer will exceed the minimum (View A).  We do not believe that View B would be appropriate because we have a sales-based type royalty (royalties constraint discussed).</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">            In 2020, our licenses were deemed to be symbolic in nature because our intellectual property&#8217;s benefit and utility stem from our continued ongoing activities to update our library of codes.  It is imperative that our customers have access to the most recent codes for newly released products in our library.  Consequently, our licenses grant our customers a continuous right to access our intellectual property throughout the license period via our cloud-based platform. Accordingly, revenues are recognized over time.</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">            In 2019, we had an immaterial license agreement with one customer that was considered functional in nature because our intellectual property, namely, a specific set of our library of codes at a point in time, was delivered via a zip file versus our cloud-based platform.  This customer was licensed a right to use our intellectual property as it existed at the point in time at which the set of codes were delivered.  Accordingly, revenue was recorded at a point in time.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">If you have any questions regarding the foregoing, please do not hesitate to contact me at 1 (480) 530-3000.</font></div><div><font><br></font></div><div><font><br></font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:5.342%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.883%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.936%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:2.999%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.996%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:44.144%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Sincerely,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Universal Electronics Inc.</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">By&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#47;s&#47; </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Bryan M. Hackworth</font></div></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bryan M. Hackworth, SVP and CFO</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr></table></div><div style="height:45pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>ueilogo1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ueilogo1.jpg
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M +@   (#  ,! 0             '!08( @,$ 0D! 0$  @,!
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M:A73$L!50B?S<'>U!B>[UX(I^W-][GNO/G<>UO,(=MVBC66.#PT#>,4IP<Y
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M!Z,!G^@.XN1F^:.U35#U_+F_U&BG:3(M32.0-1X=UX\QJRX.O'+4.!6CL$&
MSOZG;!+07NQ[PID.AQY&L(Z-29O%G[71G'YN.IRJ9[7T?H/*Z9Z?*<^]1XI$
MEC61#FC@,I]AQK7H5;1,9ASQ%3^RMVU>V+U'71 R4[]RLIP?YR,GCE]8=*XY
M=.V:3EKO4_3Z\K5-)[+>$^4M*6NZ4-UH(:^AE$U+.NJ-U_"#V$=!&-O6T6C,
M/,-^B^J\TO&+0J'/"MDH^5&Y)(E9Y):7RRH@)8^9D6 Y >R3&3A@LN6//K9V
MV=D6G;U9:[PM3;X-$\B4J-$TC.SOH/BZLM3=:C!<+13>IO9E370T<-DOK23R
M+#&_E8 I9V"@\9P0./9@87SF-7O0; W%5Q@F:.W57@@#,F1HF6/A^41@A%\F
M.=.T]F[$I+#<[;=O/PR32U$D-*KQ,9969=!,@;@FG/-1QP687:E]3NS*FKBI
M8K'?3)/(L49-+ %U.VD9DU' <<#"*]6-4S;;V_;3')+#47$U-0L*EF\.GB*-
MP&7^G[1@0E8_5#L1XRS6J]QL/H-21YG]&9A^' PE]E\^-M;NW#!8K?:+O35-
M0LCB>KIX8X4$:%SK99G;CED,EZ<#"P<S-AT6^=HU=AJ7\&5R)J*IRS\*HCST
M/EUCB5;V$X(5]@YN[NY=TD6WN9MBK'AH0(*3<5&HGBFC7NIK8E%;)?I:M7XR
MZLS@J7J/51RS5,J.*XU]0W".GAI@&8_GN@P,&)L;<U7N;;=/>ZFV2VCS32>#
M1U!)F$:.45W!5-.O3J [,N."#?\ 7O;]C;@K8P6E@MU4\2C/,R"%M &6?2V6
M IGIJMS47*.ULZ&.2JFJIG5@0P(J'B&8/LC&"R9U1/'!!)/(<HXD9W/L49G!
M"4]*E-5MM?<%UJXVBGN%V<NK J>[$CD@$#AG,<%D<_-K7:SW.U\TMK1M]\V:
M1([G%&,_&ICW%9@O$@!C&_U&ZM.!!L;4W)1;EV[0WRB#)!6Q!_"<$/&_0\;
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M<WSF<][MQ6(P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@# & , 8 P!@#
,& , 8 P!@# & __9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
