Dear Competitor: Thank you for your interest in the Texas Stock Pitch hosted by the University Securities Investment Team. The competition provides a forum for undergraduate students from around the state to research, develop, and present an investment thesis for an equity stake in a company that is publicly traded on a major US exchange. For our third semesterly stock pitch, we are excited to bring you the details on the upcoming competition: General: Date: Saturday, April 7th, 2012 o Check-in from 10-10:30am o Schedule of events on following page Location: Student Activities Center Legislative Assembly Room (SAC 2.302) at UT-Austin Teams: 2-4 undergraduates from Texas universities o 4th year students of combined BBA+MPA programs are eligible to compete AWARDS: over $1,000 in prizes among the top two overall teams and top underclassmen team Registration: Required team application through usiteam.org/events.html Required team entry fee (PayPal portal online at usiteam.org/events.html) o Early registration ($35), due Wednesday, March 21st, 2012, before midnight o Regular registration ($45), due Thursday, April 5th, 2012, before midnight Additional Submissions: Resumes for each team member o Due on Thursday, April 5th, 2012, before midnight o Submit to: resume@usiteam.org o Resumes will be compiled and distributed in a resume book to sponsors. One page investment summary (sample template) o One per team on chosen investment o Due on Thursday, April 5th, 2012, before midnight o Submit to: stockpitch@usiteam.org o One page summaries will be provided to judges prior to competition for analysis. Failure to submit required materials may result in disqualification from the competition. Competition Guidelines For the preliminary round, teams will be expected to deliver a 15 minute presentation of a stock investment thesis on a single equity traded on a major US exchange. The first 10 minutes will be an uninterrupted presentation, and judges will be allowed to ask questions during the concluding 5 minutes. The best team in each preliminary room will advance to finals. Only judges and competition officials will be allowed to observe presentations unless the presenting team specifically permits others. During the final round of competition, finalists will begin with a 15 minute uninterrupted presentation, followed by a five minute cross-examination period, concluding with a ten minute Q&A session from the judging panel. Each finalist team will cross-examine a randomly selected competing team. Cross-examination questions may be drawn from both background research and market knowledge as well as presentation details. As such, teams are advised to maintain confidentiality of their investment selections in the weeks leading up to the competition. Other details of the competition will be posted one week before the competition. Good luck! Sincerely, The Board of the University Securities Investment Team