Good morning, Excel one here again today. Some familiar faces, some new ones. Oh, it's good to be at this particular conference. For some of the topics and talks, hopefully mine will live up to the billing. In terms of my talk, it's about NEC3 and it's as easy as ABC. I do think that walking onto the genius of Jackson Fibril, that's probably a bit early in the morning for that, and my moonwalk isn't that particularly clever. So, let's see what I'm talking about and look at the main and secondary option selection. So, as you're going through the sort of cradle to grave process, the starting point is picking your main options, your secondary options. What I wanted to try and do today is sort of challenge perhaps some of the general wisdom around some of the option selection. From my experience, a lot of clients are selecting the main options, but perhaps not giving sufficient thought, and then suffering afterwards with schemes not going how they wanted or not getting the value from the process. I'll try to look at why you select the main options, what should be the key drivers behind them, and also how some of the main and secondary options interact. Lastly, I'll talk a little bit around some of the ways they can be used in different, innovative ways to combat some of the problems. In terms of the starting point, start with main option F, but then start with a and work through two apps or start with main option F, the management contract. Perhaps a quick show of hands, who's used option F? and who's used option F currently? That's zero, unless I'm not quite awake yet. And, I have a question on the face of that, there's not a lot...
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