Terms

Syndicate. Purple Hat is not a venture fund, investment bank, broker/dealer, investment clearinghouse, investment portal, or any other form of investment advisor or otherwise, and is not registered with the Financial Conduct Authority.

Membership. Each member is required to pay the membership fee and to have the required investor’s qualification to be part of an angel syndicate. Purple Hat will set the annual membership fee schedule. After the trial expires, the membership term is July 1 through June 30th of each year, with a pro-rated fee available for members who are selected in the middle of the fiscal year.

Termination. Purple Hat may terminate the membership, should it be determined that a member has lost the investor’s requirement, has not participated in any investment nor to the community for 12 months, breaches any term of membership or the Code of Conduct. The member will be notified in writing by Purple Hat. The member shall have 30 days in which to submit a written response to Purple Hat, should the member deem that its actions or inactions do not warrant or qualify for termination or revocation of membership. The Board shall decide in 30 days and the decision is final.

Governing law and jurisdiction. This agreement and any dispute or claim arising out of or in connection with it or its subject matter or formation (including a non-contractual dispute or claim) shall be governed by and construed in accordance with the law of England and Wales.

Member Code of Conduct

1. I recognize that Purple Hat is not just a list of investment opportunities but aims to build a community of leaders and boost innovation.

2. I will conduct myself in a professional manner at all times.

3. I affirm that my investments will be made on my own behalf and by my own decision. I conduct my own analysis and due diligence to determine the appropriateness of any investment I make in a company, regardless of how the opportunity is introduced to me.

4. I will respect the privacy of other members and not provide their names to any third party without their permission.

5. I will keep membership information confidential.

6. I will not represent that my membership in Purple Hat will guarantee or lead to funding for any entrepreneur that is my client.

7. I will disclose to Purple Hat and to other members any relationship I have or may have with a presenting startup company, including any personal gain I may receive from the company.

8. For the term of the membership and for the period of 6 months thereafter, I will not directly or indirectly solicit or entice away from the employment of any other member or startup introduced by Purple Hat any person employed or who has been employed in the preceding 6 months, unless authorized in writing by the member or startup.

 


Purplehat Capital
VAT No. GB319906284
Meet us in person: Level39, One Canada Square, London, E14 5AB, United Kingdom
Web: https://purplehat.capital
Email: hello@purplehat.capital
LinkedIn: purplehatcapital