Requirements of Membership:

Members must qualify as: An “accredited investor” as defined under Rule 501 of the SEC regulations, which defines an individual accredited investor 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, in the case of an organization, a qualified investor is a sophisticated individual representing “a trust with assets in excess of $5 million, not formed to acquire the securities offered.”

• Members must be at least 18 years of age at the time of application.
• Members must agree to abide by the terms and conditions of the AIN Membership Agreement.
• Members must pay annual membership fee.

Process for Membership Qualification:

• Qualifying individuals are invited to consider becoming members of Alaska InvestNet. Membership is at the discretion of AIN’s Membership Committee and is subject to annual renewal, non-renewal, revocation or termination by AIN’s Membership Committee.

• Interested parties must complete the Membership Agreement and Membership Survey, and submit the same as directed on the Membership Agreement with annual dues ($100/individual or $500/organization).

• The Membership Committee will review all applications and endeavor to provide applicants with a written response within thirty (30) days of the completed application submission. (Your payment, whether by check or credit card, will be held for processing until after your membership has been approved.)

• AIN membership may be terminated or membership revoked at the discretion and determination of AIN Membership Committee, should it be determined that an AIN member has breached any terms of membership. A member will be notified in writing by the Membership Committee of the intent to terminate or revoke membership, and the on-notice member shall have thirty (30) days in which to submit a written response to the Membership Committee, should the member deem his-her actions or inactions do not warrant or qualify for termination or revocation of membership. The Membership Committee shall consider, in good faith, such on notice member written response within sixty (60) days. The decision of the Membership Committee is final.

WHAT ARE THE BENEFITS OF MEMBERSHIP?

Members of Alaska InvestNet will have access to:

• More potential deal flow, while maintaining individual privacy
• Shared time and expense for due diligence
• Expert insight on potential investments
• Deal syndication to leverage personal investments and diversify your portfolio
• Camaraderie with other business leaders and interested investors
• Regular presentations from industry experts

Events – Quarterly investor meetings with presentations from two to five pre-screened companies for members’ investment consideration. Afterward, there will be time for discussion of members’ observations and analysis.

Access to “Members Only” section of www.alaskainvestnet.org which includes:

• Access to all deal flow through AIN’s online database
• Copies of all presentations and materials provided at meetings
• Member Discussion Area - online forums to confidentially discuss or comment on
• business plans, companies and general angel investing topics with other members
• Best-practice sharing of investment tips and documents

Educational programs on term sheets, balanced investment portfolios, case studies, due diligence and other topics in angel investing.

Opportunity to interact with other angel investors and meet individuals experienced in working with young companies.

MEMBERSHIP DOCUMENTS

Download the Membership Information Document

Download the Membership Agreement