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TAN Registration Agreement (for individuals)
Name: _____________________________________________________________________
Address: _____________________________________________________________________
Current Organizations:
_________________________________________ Designation_________________
_________________________________________ Designation_________________
_________________________________________ Designation_________________
Phone: ________________________________Mobile:________________________
Fax: ______________________________ Email: ___________________________
New Member: _________________ Renewing Member: ______________________
If New member, Sponsoring Current TAN Member(s):
____________________________________________________________________
To Qualify for Registration, I Agree That:
- I am an accredited investor i.e. my net worth or joint net worth with that my spouse exceeds $1,000,000”; OR “my individual income is in excess of $ 200,000 in each of the two most recent years or joint income with that my spouse is in excess of $300,000 in each of those years and there is a reasonable expectation of reaching the same income level in the current year.” OR
- I have such knowledge and experience in financial and business matters to be capable of evaluating the relative merits and risks of any investment.
- I agree to abide by the terms and rules of TAN’s (one or more of the following: Code of Conduct; Confidentiality Requirements; this Membership Agreement; Membership Requirements).
Note: In order to maintain a high profile, TAN will register only a minimal number of highly qualified and experienced professionals who are not accredited investors. There fore, if you do not meet the definition of an “accredited investor,” you may not qualify for registeration.
- I understand that TAN is not a venture fund, investment bank, broker/dealer, investment clearinghouse, investment portal, or any other form of investment advisor or otherwise. TAN does not provide advice, recommendation, or any other indication of appropriateness or inappropriateness for a particular investment. TAN does not endorse any investment opportunity and makes no independent investigation to verify information provided by companies submitting to TAN for presentation or otherwise, and makes no representation or warranty regarding the same.
- I must conduct my own analysis and due diligence to determine the appropriateness of any investment I make in any company to which I am introduced through TAN. As a result, I recognize and agree that neither TAN nor its representatives or agents are responsible or liable for any investment decision I make as a result of being a member of TAN. The choice to use and the manner of utilization of information and knowledge gained through TAN is my individual and personal choice.
- I understand that any purchase of equity or other investment transaction shall be with the respective company, without involvement of, or participation by TAN.
- I understand that TAN meetings are not an offer to sell or solicitation to buy any security by TAN or any other entity.
Registrant Code Of Conduct:
- I will conduct myself in a professional manner at all times.
- I will respect the privacy of other registrants and not provide their name(s) to any third party without their permission.
- I will keep registration information confidential.
- I will disclose to the group any relationship I have or may have with a presenting company, including any personal gain I may receive from the company.
Understand the Risks:
The advantages and potential rewards of angel investing can be desirable and financially satisfying. One must also be cognizant of the downsides of angel investing. Angel investing is a high-risk game. Angels typically invest at an early stage of company development, when the future is on paper and in the founder’s dreams rather than in the bank. Angels also have some of the greatest potential for gain. Regardless of the outcome, however, all angel investors must be willing and able to risk the loss of their entire investment. Return on investment can often take several years, if it happens at all. This seemingly negative discussion is not intended to deter you but rather to ensure a good foothold in reality.
DISCLAIMER:
TAN is not a venture fund, an investment bank, a broker dealer, investment clearing-house, or an investment advisor, but rather a forum in which investors may be introduced to companies for possible investment. Each registrant of TAN is responsible for his or her own investment decisions, and TAN is not recommending any particular company for investment. All investments in entrepreneurial companies involve a high degree of risk, and investors should be able to bear the risk of complete financial loss. The choice to use and manner of utilization of information and knowledge gained through TAN is each member’s individual and personal choice. No guidance shall be given, nor shall any person affiliated with TAN (or TAN itself) be responsible for an individual member’s use of the information, investment decision, or the results of any investment. TAN does not conduct any investigation to verify the factual information submitted to potential investors by individual entrepreneurs. Hence, TAN makes no representations or warranties regarding these companies. Investors must conduct their own due diligence and negotiate the terms of any investment they elect to make
Please forward (preferably in electronic form) to:
Tech Angel Network (Guarantee) Ltd.
Plot No. 163, Block No. 7,8, Banglore Town,
Main Shahra-e-Faisal, Karachi, Pakistan,
Tel: (9221) 547 3050, 765-2628;
Fax: (9221) 432 3725
Attention: Mr. Ejaz Ahmed
Email address: info@techangelsnet.com
Read, understood, and agreed to by:
________________________________________________________________________
Submitting Applicant
Please submit this registration agreement along with Registrants Survey.
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