Investor is a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase, excluding the value of the primary residence of such person.

Investor is a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year.

None of these options apply.

Investor fits one or more of the following descriptions: owns rental properties, runs a profitable company, has a business-related degree, runs an investment club, is a CPA, financial advisor, broker-dealer, attorney, or other similarly licensed professional.

None of these options apply.

Investor is a bank, insurance company, registered investment company, business development company, or small business investment company.

Investor is a an employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million.

Investor is a charitable organization, corporation, or partnership with assets exceeding $5 million.

Investor is a director, executive officer, or general partner of the company selling the securities (i.e. officer, GP or Managing Member of the entity listed above).

Investor is a business in which all the equity owners are accredited investors.

Investor is a trust with assets in excess of $5 million, not formed to acquire the securities offered, whose purchases a sophisticated person makes.

None of these apply.