420 If you answered Yes to 419, also include here the criteria used to investment and prescreen applicants. If you answered No, enter “N/A”. criteria 421 Enter the criteria for termination or disposition (sale) of Portfolio Termination Concerns, under different circumstances including but not limited to and success, loss, dead”. Relay how the length of time that an “living disposition of investment has been in your Portfolio may affect your decision, if it portfolio does. criteria 422 Decision This section discusses the decision making process for applications for making funding. process 422.1 Enter the process continuing from Question 408 regarding the logging Internal steps in of prospects. This section requires a narrative that takes the for putting an application from log in to it being considered for a vote in committee. investment prospect to a vote 422.2 Enter the type of report made before an investment, the depth of its Reports coverage and length. It may be ok to refer to attachments in Exhibit P. 422.3 if meeting will be held periodically or only as needed. Discuss Meetings how the agenda will be determined and if all Principals must be physically present at the meeting of via alternate method, etc. 422.4 Enter the voting procedures for the decision making process. Include Decision persons who have veto or more powers than other, how many votes making constitutes a decision (simple majority, super majority, unanimity etc). process 422.5 Enter if you intend on having a closing investment memo. If the Closing answer is include the subjects it will cover. If discuss why “yes” “no”, investment you will not. memo 422.6 Enter any system you will have in place to track changes in your Tracking investment agreement. changes in investment agreements 423 Cross Indicate here if any items addresses in 415 through 422 are also in references to your legal documents as Exhibit O. Exhibits O and Q
420 investment criteria If you answered Yes to 419, also include here the criteria used to and prescreen applicants. If you answered No, enter “N/A”. 421 Termination and disposition of portfolio criteria Enter the criteria for termination or disposition (sale) of Portfolio Concerns, under different circumstances including but not limited to success, loss, “living dead”. Relay how the length of time that an investment has been in your Portfolio may affect your decision, if it does. 422 Decision making process This section discusses the decision making process for applications for funding. 422.1 Internal steps for putting an investment prospect to a vote Enter the process continuing from Question 408 regarding the logging in of prospects. This section requires a narrative that takes the application from log in to it being considered for a vote in committee. 422.2 Reports Enter the type of report made before an investment, the depth of its coverage and length. It may be ok to refer to attachments in Exhibit P. 422.3 Meetings if meeting will be held periodically or only as needed. Discuss how the agenda will be determined and if all Principals must be physically present at the meeting of via alternate method, etc. 422.4 Decision making process Enter the voting procedures for the decision making process. Include persons who have veto or more powers than other, how many votes constitutes a decision (simple majority, super majority, unanimity etc). 422.5 Closing investment memo Enter if you intend on having a closing investment memo. If the answer is “yes” include the subjects it will cover. If “no”, discuss why you will not. 422.6 Tracking changes in investment agreements Enter any system you will have in place to track changes in your investment agreement. 423 Cross references to Exhibits O and Q Indicate here if any items addresses in 415 through 422 are also in your legal documents as Exhibit O.
Instructions%20RD%20Form%204290-1%20%208-30-12.docx