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Our work is motivated primarily by the lack of standardization in the area of Event Processing Network (EPN) models. We identify general requirements for such models. These requirements encompass the possibility to describe events in the real world, to establish temporal and causal relationships among the events, to aggregate the events, to organize the events into a hierarchy, to categorize the events into simple or complex, to create an EPN model in an easy and simple way and to use that model ad hoc. As the major contribution, this paper applies the identified requirements to the RuleCore model.