Form Cr-Equity-1 - Application For Coordinated State Review (Page 2 of 3) in pdf

Form Cr-Equity-1 - Application For Coordinated State Review Page 2

(Though designated Disclosure Jurisdictions, District of Columbia, New Jersey and West Virginia reserve the

right to make substantive comments in select areas.)

The state of Pennsylvania is acting as CR-EQUITY Administrator. Please file a copy of this form

along with the Registration Statement and Prospectus with the Pennsylvania Securities Commission

even if the issuer does not intend to register its shares for sale in Pennsylvania. There is no additional

fee for coordinated review. Do not send fees to Pennsylvania unless the issuer intends to register its

securities in Pennsylvania.

The Applicant attests that all Registration Statements and Prospectuses will be identical in each of the

states listed in the attached Form U-1 and that all applications will be filed contemporaneously in

those states.

Subsequent amendments to the Registration Statement will also be filed

contemporaneously in the states identified above. The CR-EQUITY process will take a minimum of

30 days. The applicant should consider this time frame and file the CR-EQUITY-1 as soon as

possible after filing with the Securities and Exchange Commission.

The Applicant understands that any application filed in a state subsequent to the initial filing may be

reviewed separately and may involve application of non-CR-EQUITY standards. The Applicant

should understand that the merit states participating in CR-EQUITY will be using certain NASAA

Guidelines as the uniform standard. For information on the standards to be applied, please contact the

Pennsylvania Securities Commission at (717) 787-5401.

The Applicant agrees to resolve comments through the Lead Disclosure and the Lead Merit states until

such time as the Lead states agree that the comment should be resolved through direct contact between

the applicant and the state with the unresolved comment.

Authorized Representative

_____________________________

Print Name

____________________________

Title

_____________________________

Name of Issuer

____________________________

Form Cr-Equity-1 - Application For Coordinated State Review Page 2