Investor Agreement

Seed EIS Investment in VFD Pro Ltd, (the Virtual Finance Director and VFD Pro are the trading names of VFD Pro Ltd), is only available to High Net Worth Individuals or Sophisticated Investors as detailed below.

High Net Worth Individuals:
The VFD Investor Information Pack will only be sent to high net worth individuals (as that term is defined in article 48(2) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005) (“FPO”)).  Accordingly, The VFD Investor Information Pack is exempt from the general restriction on the communication of invitations or inducements to engage in investment activity set out in section 21 of the Financial Services and Markets Act 2000 (“FSMA”) . 

To be certified as a high net worth individual, you must have had annual income of at least £100,000 for, or held net assets to the value of not less than £250,000 throughout, the financial year immediately preceding the date on which you ask to receive the VFD Investor Information Pack. If you are in any doubt about making an Seed EIS Investment in VFD Pro Ltd, you should consult a person authorised under the FSMA who specialises in advising on Seed EIS and investing in private companies.

Sophisticated Investors:
A sophisticated investor for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. 

You understand that this means:
 
(a) you can receive financial promotions that may not have been approved by a person authorised by the Financial Conduct Authority; 
(b) the content of such financial promotions may not conform to rules issued by the Financial Conduct Authority; 
(c) by confirming your agreement this statement you may lose significant rights; 
(d) you may have no right to complain to either of the following: 

(i) the Financial Conduct Authority; or 
(ii) the Financial Ombudsman Scheme; 

(e) you may have no right to seek compensation from the Financial Services Compensation Scheme. 

As a self-certified sophisticated investor, at least one of the following must apply:

(a) you are a member of a network or syndicate of business angels and has been for six months before the date of the statement; 
(b) you have made more than one investment in an unlisted company in the two years before the date of the statement; 
(c) you have working or have worked in the two years prior to the date below, in a professional capacity in the private equity sector or in the provision or finance for small and medium enterprises; 
(d) you are currently or have been in the two years prior to the date of below, a director of a company with an annual turnover of at least £1 million. 

You accept that you can lose property and other assets from making investment decisions based on financial promotions. You are aware that it is open to you to seek advice from someone who specialises in advising on investments.

If you do not qualify as a certified high net worth individual, or a sophisticated investor, do not submit the form requesting a copy of the VFD Investor Information Pack and / or subscribe for shares in the Virtual Finance Director.

By submitting the form and requesting more information relating to the VFD Investor Information Pack and / or shares in the Virtual Finance Director, you are confirming that you are a high net worth individual, and/or a sophisticated investor and that you have satisfied the relevant terms as outlined above within the last 12 months.