Facilitating the introduction of Entrepreneurial Enterprises and Angel Investors within a
Professionally Managed Network.
Maximize Angel Investments Orlando, Inc. (the Company or Association) is a highly selective membership association (Angel Network) which exits to fill the funding gap for early stage entrepreneurial enterprises by facilitating the introduction of entrepreneurs and potential Angel Investors (Angels) within a professionally structured and managed environment. Associates of the Company are individual Angels interested in financing privately held companies or ventures typically in an early stage of development.
Associate Membership in the Company is a privilege, which is subject to renewal, revocation, or termination for an Angel's failure to conduct him or herself in a manner consistent with the Company's Code of Ethics and Conduct.
PROCESS FOR MEMBERSHIP QUALIFICATION:
Qualifying individuals are invited to consider becoming a Member of Maximize Angel Investments Orlando, Inc. Membership is at the discretion of the Membership Committee (Committee) and is subject to annual renewal, non-renewal, revocation or termination by the Committee.
Interested parties (and renewing Angels) must complete this Membership Agreement and Membership Survey and then submit the same as directed below.
The Committee will review all applications for membership and endeavor to provide applicants a written response within thirty (30) days of completed application submission. (Checks submitted for payment will be held for processing until after the association membership has been approved.)
Association Membership may be terminated or revoked at the discretion and determination of the Committee should it be determined that an Angel has breached any of the terms of Association Membership. The act of terminating or revoking an Angel's Association Membership will require the unanimous agreement and vote of the membership committee. Any offending Angel will be notified in writing by the Committee of the intent to terminate or revoke Association Membership.
Should the sanctioned Angel deem his/her actions or inactions insufficient to warrant or qualify for termination or revocation of Association Membership, the offending Angel will have thirty (30) days in which to submit a written response to the Committee.
The Committee will consider, in good faith, such on-notice Angels written response within sixty (60) days. The decision of the Committee is final.
ASSOCIATION MEMBERSHIP APPLICATION
City State Zip
Primary Phone Cell Phone
Renewing Angel _____ New Association Member ____
TO QUALIFY FOR ASSOCIATION MEMBERSHIP, I AGREE THAT:
I am an accredited investor as defined under Rule 501 of the SEC regulations, which defines the same as: Any natural person whose individual net worth or joint net worth with that person's spouse at the time of his purchase exceeds $1,000,000; OR Any natural person who had an individual income in excess of $200,000 in each of the two most recent years or joint income with that person's spouse in excess of $300,000 in each of those years and has 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 the Company's Code of Ethics and Conduct.
* In order to maintain a high investment profile, the Company will accept only a minimal number of sophisticated, but not accredited investors.
I understand that the Company is not a venture fund, investment bank, broker/dealer, investment clearinghouse, investment portal, or any other form of investment advisor or otherwise, and is not registered with the Securities and Exchange Commission or any state securities commission. The Company does not provide advice, recommendation, or any other indication of appropriateness or inappropriateness for a particular investment. The Company does not endorse any investment opportunity. The Company requires all Association Members to conduct their own independent investigation to verify information provided by companies is accurate and truthful. The Company makes no representation or warranty regarding any business or venture submitting to the Company for presentation or otherwise.
I further understand that I must conduct my own analysis and due diligence to determine the appropriateness of any investment I make in any business or venture to which I am introduced through the Company. As a result, I recognize and agree that neither the Company nor its representatives or agents are responsible or liable for any investment decision I make as a result of being a member of the Company. The choice to use and the manner of utilization of information and knowledge gained through the Company is my individual and personal choice.
I further understand that any purchase of equity or other investment transaction shall be with the respective company.
I further understand that the Company meetings are not an offer to sell or solicitation to buy any security by the Company or any other entity.
I agree to pay the annual Association Membership dues as set by the Company.
Annual Association dues cover the fiscal year January 1 through December 31 of the following year. Annual Association dues are not prorated. New members who join after July will pay 50% of the annual dues. Membership renewals will be sent out in late October and due on or before January 1. Any Angel with unpaid dues after this date will be required to bring dues current before attending any meeting in the new fiscal year.
ASSOCIATION MEMBERSHIP CODE OF CONDUCT:
I will conduct myself in a professional manner at all times.
I will respect the privacy of other Angels and not provide their name to any third party without their permission.
I will keep association membership information confidential.
I understand and recognize that the Company meetings and communications are focused on investment pursuits and will not solicit other Angels for business.
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.
DISCLAIMER: The Company is not a venture fund, an investment bank, a broker dealer, investment clearing-house, or an investment advisor, but rather a forum in which Angel investors may be educated on aspects of investment and business, as well as introduced to companies for possible investment. The Company is not registered with the Securities Exchange Commission or any state securities commission. Each Angel is responsible for his or her own investment decisions, and the Company 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 the Company is each Angel's individual and personal choice. No guidance shall be given, nor shall any person affiliated with the Company (or the Company itself) be responsible for an individual Angel's use of the information, investment decision, or the results of any investment. The Company does not conduct any investigation to verify the factual information submitted to potential investors by individual entrepreneurs. Hence, the Company 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 your application to:
Maximize Angel Investments Orlando, Inc
PO Box 4764
Winter Park, FL 32793
Read, understood, and agreed to by:
Submitting Applicant or Renewing Angel
Please submit this membership agreement with annual membership dues of six thousand dollars ($6,000). Please make the check payable to Maximize Angel Investments Orlando, Inc. Your check will not be cashed unless and until your application for membership has been accepted:
Payment: At this time all payments need to be by check.
We will add credit card services in the future.
Please insure all the following documents are included to complete membership submission:
Office: (407) 674-1925