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The undersigned is an
accredited investor, as that term is defined under Regulation D
promulgated under the Securities Act of 1933, because he, she or
it is (please check the
appropriate box):
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a Keogh Plan, an IRA, an IRA that constitutes a simplified
employee pension as defined in the Code (SEP IRA), or
similar benefit plan that covers only a non-employee natural
person whose individual net worth, or joint net worth with
that persons spouse, at the time of his or her purchase of
the Interests
exceeds $1,000,000; [1] |
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a Keogh Plan, IRA,
SEP IRA, or similar benefit plan that covers only a
non-employee 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 persons 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; |
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a natural person whose individual net worth, or joint net
worth with that persons spouse, at the time of his or her
purchase of the Interests exceeds $1,000,000;[1] |
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a 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 persons 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; |
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an
employee benefit plan within the meaning of ERISA, if (a) the
investment decision is made by a plan fiduciary (as defined in
Section 3(21) of ERISA) that is either a bank, savings and
loan association, insurance company or registered investment
adviser, or (b) the plan has total assets in excess of
$5,000,000;
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a
plan established and maintained by a state, its political
subdivisions or an agency or instrumentality of a state or its
political subdivisions for the benefit of its employees, with
total assets in excess of $5,000,000;
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a trust, with total assets in excess of $5,000,000, not
formed for the specific purpose of purchasing Interests, whose
purchase is directed by a sophisticated person as described in
Rule 506(b)(2)(ii) promulgated under the 1933
Act; |
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an organization described in Section 501(c)(3) of the
Code, not formed for the specific purpose of acquiring
Interests, with total assets in excess of
$5,000,000; |
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a corporation, Massachusetts or similar business trust, or
partnership, not formed for the specific purpose of purchasing
Interests, with total assets in excess of
$5,000,000;
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a
private business development company as defined in Section
202(a)(22) of the Investment Advisers Act of 1940, as amended
(Advisers Act);
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a
bank as defined in Section 3(a)(2) of the 1933 Act, or a
savings and loan association or other institution as defined
in Section 3(a)(5)(A) of the 1933 Act, whether acting in its
individual or fiduciary capacity;
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a
broker or dealer registered pursuant to Section 15 of the
Securities Exchange Act of 1934, as amended (1934
Act);
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an
insurance company as defined in Section 2(13) of the 1933
Act;
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an investment company registered under the 1940 Act, or a business development
company as defined in Section 2(a)(48) of the 1940 Act;
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a Small Business Investment Company licensed by the U.S.
Small Business Administration under Section 301(c) or (d) of
the Small Business Investment Act of 1958; |
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the Managing Member or a director, executive officer or
General Partner of the Managing Member; or
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an entity in which all of the equity owners are accredited
investors. |
[1]
Net Worth means the excess of
total assets at fair market value, including home (valued at cost or
appraised value by an institutional lender making a loan secured by
the property), home furnishings and automobiles over total
liabilities (including mortgages).
No Offer to
Buy or Sell Securities.
The information provided on this Site is for general
informational purposes only and is not an offer to sell or a
solicitation of an offer to buy any securities, options, futures or
other derivatives related to securities in any jurisdiction. This
Site is not an offer or solicitation to participate in any
particular trading strategy. This Site and the information contained
therein does not take into account - nor does it provide any
tax, legal or investment advice or opinion regarding - the specific
investment objectives or financial situation of any person. The
investments or trading strategies referred to on this Site may not
be suitable for investors depending upon their specific investment
objectives and financial situation. Investors should seek
professional, financial advice regarding the appropriateness of
investing in any investment programs discussed on the Site and
should carefully read and consider the risks of investment as
detailed in our CTA Disclosure Document or Confidential
Offering Memorandum
.
Reported Performance Information.
This Site contains information about the performance
of investment products offered by ARA. This information represents
past performance and is not necessarily indicative of future
results. Prospective investors should carefully
read our CTA Disclosure
Document or Confidential
Offering Memorandum
for detailed
information on the risks of investment.
SECURITY NOTE: You are about to send
information across the Internet. We cannot guarantee the privacy of
your transmission although we have in place a secure system.
Therefore, please do not send specific account information in this
submission. Should you have specific inquiries about your account,
please call our office at 203.497.8700
.
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