sc13g
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OMB Number: 3235-0145 |
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.
)*
Comtech Telecommunications Corp
(Name of Issuer)
Common Stock
(Title of Class of Securities)
205826209
(CUSIP Number)
12/31/2009
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
þ Rule 13d-1(b)
o Rule l3d-l(c)
o Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting persons
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to
be filed for the purpose of Section 18 of the Securities Exchange Act of 1934
(Act) or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the Notes).
Persons who respond to the collection of information contained
in this form are not
required to respond unless the form displays a currently valid OMB
control number.
SEC 1745 (3-06)
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1 |
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NAMES OF REPORTING PERSONS.
I.R.S. Identification Nos. of above persons (entities only).
WEDGE Capital Management L.L.P. 56-1557450 |
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2 |
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
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(a) o |
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(b) o |
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3 |
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SEC USE ONLY |
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4 |
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CITIZENSHIP OR PLACE OF ORGANIZATION |
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North Carolina |
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5 |
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SOLE VOTING POWER |
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NUMBER OF |
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1,384,847 |
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SHARES |
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SHARED VOTING POWER |
BENEFICIALLY |
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BY OWNED BY |
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0 |
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EACH |
7 |
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SOLE DISPOSITIVE POWER |
REPORTING |
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PERSON |
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1,623,544 |
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WITH: |
8 |
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SHARED DISPOSITIVE POWER |
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0 |
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9 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
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1,623,544 |
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10 |
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |
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o |
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11 |
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
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5.7% |
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12 |
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) |
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IA |
Page 2 of 6 pages
INSTRUCTIONS FOR SCHEDULE 13G
Instructions for Cover Page
(1) |
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Names and I.R.S. Identification Numbers of Reporting PersonsFurnish the full
legal name of each person for whom the report is filedi.e., each person required to
sign the schedule itselfincluding each member of a group. Do not include the name of
a person required to be identified in the report but who is not a reporting person.
Reporting persons that are entities are also requested to furnish their I.R.S.
identification numbers, although disclosure of such numbers is voluntary, not
mandatory (see SPECIAL INSTRUCTIONS FOR COMPLYING WITH SCHEDULE 13G below). |
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(2) |
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If any of the shares beneficially owned by a reporting person are held as a
member of a group and that membership is expressly affirmed, please check row 2(a).
If the reporting person disclaims membership in a group or describes a relationship
with other persons but does not affirm the existence of a group, please check row
2(b) [unless it is a joint filing pursuant to Rule 13d-l(k)(l) in which case it may
not be necessary to check row 2(b)]. |
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(3) |
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The third row is for SEC internal use; please leave blank. |
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(4) |
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Citizenship or Place of OrganizationFurnish citizenship if the named reporting
person is a natural person. Otherwise, furnish place of organization. |
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(5)-(9), |
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(11) Aggregate Amount Beneficially Owned By Each Reporting Person, Etc.Rows (5)
through (9) inclusive, and (11) are to be completed in accordance with the provisions
of Item 4 of Schedule 13G. All percentages are to be rounded off to the nearest tenth
(one place after decimal point). |
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(10) |
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Check if the aggregate amount reported as beneficially owned in row (9) does
not include shares as to which beneficial ownership is disclaimed pursuant to Rule
13d-4 (17 CFR 240.13d-4] under the Securities Exchange Act of 1934. |
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(12) |
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Type of Reporting PersonPlease classify each reporting person according to
the following breakdown (see Item 3 of Schedule 13G) and place the appropriate symbol
on the form: |
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Category |
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Symbol |
Broker Dealer
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BD |
Bank
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BK |
Insurance Company
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IC |
Investment Company
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IV |
Investment Adviser
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IA |
Employee Benefit Plan,
Pension Fund,
or Endowment Fund
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EP |
Parent Holding Company/Control Person
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HC |
Savings Association
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SA |
Church Plan
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CP |
Corporation
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CO |
Partnership
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PN |
Individual
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IN |
Other
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OO |
Notes:
Attach as many copies of the second part of the cover page as are needed, one reporting
person per page.
Filing persons may, in order to avoid unnecessary duplication, answer items on the
schedules (Schedule 13D, 13G or 14D-1)
by appropriate cross references to an item or items on the cover page(s). This approach may
only be used where the cover page item or items provide all the disclosure required by the
schedule item. Moreover, such a use of a cover page item will result in the item becoming a
part of the schedule and accordingly being considered as filed for purposes of Section 18
of the Securities Exchange Act or otherwise subject to the liabilities of that section of
the Act.
Reporting persons may comply with their cover page filing requirements by filing
either completed copies of the blank forms available from the Commission, printed or typed
facsimiles, or computer printed facsimiles, provided the documents filed have identical
formats to the forms prescribed in the Commissions regulations and meet existing
Securities Exchange Act rules as to such matters as clarity and size (Securities Exchange
Act Rule 12b-12).
SPECIAL INSTRUCTIONS FOR COMPLYING WITH SCHEDULE 13G
Under Sections 13(d), 13(g), and 23 of the Securities Exchange Act of 1934 and the
rules and regulations thereunder, the Commission is authorized to solicit the information
required to be supplied by this schedule by certain security holders of certain issuers.
Page 3 of 6 pages
Disclosure of the information specified in this schedule is mandatory, except for I.R.S.
identification numbers, disclosure of
which is voluntary. The information will be used for the primary purpose of determining
and disclosing the holdings of certain
beneficial owners of certain equity securities. This statement will be made a matter of
public record. Therefore, any information given will be available for inspection by any
member of the public.
Because of the public nature of the information, the Commission can use it for a
variety of purposes, including referral to other governmental authorities or securities
self-regulatory organizations for investigatory purposes or in connection with
litigation involving the Federal securities laws or other civil, criminal or regulatory
statutes or provisions. I.R.S. identification numbers, if furnished, will assist the
Commission in identifying security holders and, therefore, in promptly processing
statements of beneficial ownership of securities.
Failure to disclose the information requested by this schedule, except for I.R.S.
identification numbers, may result in civil or criminal action against the persons
involved for violation of the Federal securities laws and rules promulgated thereunder.
GENERAL INSTRUCTIONS
A. |
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Statements filed pursuant to Rule 13d-1(b) containing the information
required by this schedule shall be filed not later than February 14 following the
calendar year covered by the statement or within the time specified
in Rules 13d-1(b)(2) and 13d-2(c). Statements filed pursuant to Rule 13d-1(c) shall be filed
within the time specified in Rules 13d-1(c), 13d-2(b) and 13d-2(d). Statements filed
pursuant to Rule 13d-1(d) shall be filed not later than February 14 following the
calendar year covered by the statement pursuant to Rules 13d-1(d) and 13d-2(b). |
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B. |
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Information contained in a form which is required to be filed by rules under
section 13(f) (15 U.S.C. 78m(f)) for the same calendar year as that covered by a
statement on this schedule may be incorporated by reference in response to any of
the items of this schedule. If such information is incorporated by reference in
this schedule, copies of the relevant pages of such form shall be filed as an
exhibit to this schedule. |
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C. |
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The item numbers and captions of the items shall be included but the text of
the items is to be omitted. The answers to the items shall be so prepared as to
indicate clearly the coverage of the items without referring to the text of the
items. Answer every item. If an item is inapplicable or the answer is in the
negative, so state. |
Item 1.
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(a) Name of Issuer Comtech Telecommunications Corp |
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(b) Address of Issuers Principal Executive Offices
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68 South Service Road |
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Suite 230 |
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Melville, NY 11747 |
Item 2.
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(a) Name of Person Filing WEDGE Capital Management L.L.P. |
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(b) Address of Principal Business Office or, if none, Residence
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301 S. College Street, Suite 2920 |
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Charlotte, NC 28202-6002 |
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(c) Citizenship North Carolina |
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(d) Title of Class of
Securities Common Stock |
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(e) CUSIP Number 205826209 |
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Item 3. If
this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether
the person filing is a:
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(a)
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Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). |
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(b)
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Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). |
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(c)
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Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). |
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(d)
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Investment company registered under section 8 of the Investment Company Act of 1940
(15 U.S.C 80a-8). |
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(e)
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An investment adviser in accordance
with §240.13d-1(b)(1)(ii)(E); |
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(f)
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An employee benefit plan or endowment fund in accordance with
§240.13d-1(b)(1)(ii)(F); |
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(g)
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A parent holding company or control person in accordance with §
240.13d-1(b)(1)(ii)(G); |
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(h)
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A savings associations as defined in Section 3(b) of the Federal Deposit Insurance
Act (12 U.S.C. 1813); |
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(i)
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A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the
Investment Company Act of 1940 (15 U.S.C. 80a-3); |
Page 4 of 6 pages
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(j)
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Group, in accordance with §240.13d-1(b)(1)(ii)(J). |
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage of
the class of securities of the issuer identified in Item 1.
(a) Amount
beneficially owned: 1,623,544.
(b) Percent
of class: 5.7%.
(c) Number of shares as to which the person has:
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(i) |
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Sole power to vote or to direct the vote 1,384,847. |
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(ii) |
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Shared power to vote or to direct the vote 0. |
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(iii) |
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Sole power to dispose or to direct the disposition of
1,623,544. |
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(iv) |
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Shared power to dispose or to direct the disposition of
0. |
Instruction. For computations regarding securities which represent a right to
acquire an underlying security see §240.13d-3(d)(1).
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the
reporting person has ceased to be the beneficial owner of more than five percent of the
class of securities, check the following o.
Instruction: Dissolution of a group requires a response to this item.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, such securities, a statement
to that effect should be included in response to this item and, if such interest relates
to more than five percent of the class, such person should be identified. A listing of the
shareholders of an investment company registered under the Investment Company Act of 1940
or the beneficiaries of employee benefit plan, pension fund or endowment fund is not
required. Not applicable.
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Item 7. |
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Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company |
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so
indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification
of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule
13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Not applicable.
Item 8. Identification and Classification of Members of the Group
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate
under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of
each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or
§240.13d-1(d), attach an exhibit stating the identity of each member of the group. Not
applicable.
Item 9. Notice of Dissolution of Group
Notice of dissolution of a group may be furnished as an exhibit stating the date of
the dissolution and that all further filings with respect to transactions in the security
reported on will be filed, if required, by members of the group, in their individual
capacity. See Item 5. Not applicable.
Item 10. Certification
(a) The following certification shall be included if the statement is filed
pursuant to §240.13d-1(b):
Page 5 of 6 pages
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above
were acquired and are held in the ordinary course of business and
were not acquired and are not held for the purpose of or with the
effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with
or as a participant in any transaction having that purpose or
effect.
(b) The following certification shall be included if the statement is filed pursuant
to §240.13d-l(c):
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not
acquired and are not held in connection with or as a participant in
any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that
the information set forth in this statement is true, complete and correct.
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February 8, 2010
Date
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/s/ Bradley W. Horstmann
Signature
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Bradley W. Horstmann / General Partner
Name/Title
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The original statement shall be signed by each person on whose behalf the statement is
filed or his authorized representative. If the statement is signed on behalf of a person by
his authorized representative other than an executive officer or general partner of the
filing person, evidence of the representatives authority to sign on behalf of such person
shall be filed with the statement, provided, however, that a power of attorney for this
purpose which is already on file with the Commission may be incorporated by reference. The
name and any title of each person who signs the statement shall be typed or printed beneath
his signature.
NOTE: Schedules filed in paper format shall include a signed original and five copies of
the schedule, including all exhibits. See §240.13d-7 for other parties for whom copies are
to be sent.
Attention: Intentional misstatements or omissions of fact constitute Federal criminal
violations (See 18 U.S.C. 1001)
Mecklenburg, North Carolina
I certify that the following person(s) personally appeared before me this day, each
acknowledging to me that he or she signed the foregoing document: Bradley W. Horstmann.
Date: February 8, 2010
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/s/ Rebecca N. Harrison
Rebecca N. Harrison, Notary Public
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My Commission Expires November 13, 2013 |
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Page 6 of 6 pages