THE RAMA FUND, LLC - Rama Capital Partners, LLC

Investor/Member No.: __________________________
INVESTOR QUESTIONNAIRE
for
THE RAMA FUND, LLC
This confidential Investor Questionnaire will be used for the acquisition of Membership Interests
(“Shares”) in THE RAMA FUND, LLC, a California limited liability company (the “LLC”). The purpose
of these questions is to elicit certain information to determine whether you qualify as an “Accredited
Investor” and whether you have sufficient investment sophistication and ability to take financial risk to
meet the standards for availability of the private offering exemption from the registration requirements of
the Securities Act of 1933, as amended (the “Act”) and the qualification requirements of any other
applicable securities law.
THIS QUESTIONNAIRE IS NOT AN OFFER TO SELL SECURITIES.
YOUR ANSWERS WILL AT ALL TIMES BE KEPT STRICTLY CONFIDENTIAL. EACH PERSON SIGNING THIS
QUESTIONNAIRE AGREES, HOWEVER, THAT THE LLC MAY PRESENT THIS QUESTIONNAIRE TO SUCH PARTIES
AS IT DEEMS APPROPRIATE IF CALLED ON TO ESTABLISH THE AVAILABILITY OF AN EXEMPTION FROM
REGISTRATION OF THE SHARES UNDER THE ACT OR ANY OTHER SECURITIES LAW.
ENTITY INFORMATION:
If the Investor is an individual (natural person), please begin on page 2 at “Identifying Information.”
If the Investor is an entity, please enter its name below, as it is listed in the Subscription Agreement, then
proceed to page 2.
Name of Entity*: _______________________________________________________
*For the remaining questions labeled “Purchaser” please give information for the officer, general partner,
and/or other person who will participate in the decision to purchase Shares. Also, please provide a separate
Investor Questionnaire for each officer, general partner, and/or other person who will participate in the
decision to purchase the Shares. (Make copies of this Questionnaire as necessary)
Note for Certain Employee Benefit Plans: If you are a self-directed plan that believes it is an
"accredited investor" because investment decisions are made solely by persons that are accredited
investors, please furnish a separate Questionnaire with respect to you and each such person
participating in making the investment decision.
Note for Trusts: If you are a trust that believes it is an "accredited investor", please furnish a separate
Questionnaire with respect to you and each person participating in making the investment decision.
Note for Certain Entities: If you are an entity that believes it is an "accredited investor" by virtue of the
accredited investor status of each equity owner thereof, please furnish a separate Questionnaire with
respect to you and each such equity owner.

INVESTOR QUESTIONNAIRE
IDENTIFYING INFORMATION:
Name of Purchaser: _____________________________________________________________
Social Security No.: __________ - _____ - __________ Date of Birth: ______/______/_______
Name of Spouse: ________________________________________________________________
Social Security No.: __________ - _____ - __________ Date of Birth: ______/______/_______
Residence Address: ______________________________________________________________
Residence Phone Number: ( _______ )_______________________________________________
If applicable, please enter a State for the following:
Residence other than above: __________
Driver’s license: __________
Registered to vote: __________
State Income Taxes: _________
EMPLOYMENT STATUS:
Purchaser:
Full Time ___________ Part Time ___________ Retired ___________
Employer: _____________________________________________________________________
Is this business owned and operated by you? Yes ______ No ______
Current position held: ____________________________________________________________
Employer Address: ______________________________________________________________
______________________________________________________________________________
Employer Phone Number: ( _______ ) ______________________________________________
Length of Employment: ___________
Prior Employment in Last Five Years: (Occupation, Employer, City and State, Length of Time)
_______________________________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
2

INVESTOR QUESTIONNAIRE
Other business, governmental or professional positions held and approximate dates of service
(List all professional licenses, directorships and elected positions in government service)
_______________________________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
Spouse:
Full Time ___________ Part Time ___________ Retired ___________
Employer: _____________________________________________________________________
Is this business owned and operated by you? Yes ______ No ______
Current position held: ____________________________________________________________
Employer Address: ______________________________________________________________
______________________________________________________________________________
Employer Phone Number: ( _______ ) ______________________________________________
Length of Employment: ___________
Prior Employment in Last Five Years: (Occupation, Employer, City and State, Length of Time)
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
Other business, governmental or professional positions held and approximate dates of service
(List all professional licenses, directorships and elected positions in government service)
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
3

INVESTOR QUESTIONNAIRE
INCOME AND NET WORTH:
The LLC intends to sell the Shares to up to 500 “Accredited Investors,” and to no more than 35 other
investors. Any investors not deemed “accredited” must supply sufficient information for the LLC to
determine that the Purchaser or their financial representative are capable of evaluating risks of a proposed
investment in the Shares.
To determine if you are an "Accredited Investor" as that term is defined in Regulation D under the Act,
please answer the questions below. By answering these questions, you represent that the statement or
statements selected are true and correct in all respects:
1. Does your individual net worth, or joint net worth with your spouse, exceed $1 million? (for
this question you may include your spouses net worth and the fair market value of the equity
in your home, furnishings, and automobiles.)
___Yes
___No
2. Did you have an individual income in excess of $200,000 in each of the two most recent
years or joint income with your spouse in excess of $300,000 in each of the two most recent
years; and reasonably expect to reach the same income level in the current year?
___ Yes
___No
3. If you answered “No” to BOTH questions above, please complete the following:
a. My present net worth exceeds $___________________
b. During the previous tax year I had an annual income in excess of $________________
c. During the present tax year I anticipate an income of $________________
INVESTMENT EXPERIENCE OF PURCHASER
If Purchaser is not an individual, provide the following information about each officer, general partner,
and/or other person who will participate in the decision to purchase the Shares.
Educational background (name of college attended, major, degree obtained, if any, and year);
_________________________________________________________________________________
_________________________________________________________________________________
Investing courses attended (list the name of each, sponsor, and date of attendance);
_________________________________________________________________________________
_________________________________________________________________________________
Any professional licenses or registrations, including bar admissions, accounting certifications, real
estate brokerage licenses, and SEC or state broker/dealer registrations held:
_________________________________________________________________________________
_________________________________________________________________________________
4

INVESTOR QUESTIONNAIRE
Has the Purchaser had the following investment experience. Check all that apply:
_____ Stock Market investing for at least two years in self-managed accounts.
_____ Real Estate investing for at least two years.
_____ Investing in trust deeds for at least two years.
_____ Bond investing in self-managed accounts.
_____ Mutual Fund investing.
INVESTMENT EVALUATION
Purchaser agrees and understands that in making this investment, Purchaser
(i)
(ii)
must have sufficient knowledge and experience in financial and business matters to be
capable of evaluating the merits and risks of a purchase of Shares, OR
must retain the services of a Professional Advisor (who may be an attorney, accountant, or
other financial adviser unaffiliated with, and who is not compensated by, the LLC or any
affiliate or selling agent of the LLC, directly or indirectly) for the purpose of aiding in the
evaluation of this particular transaction.
Do you intend to have a "Professional Advisor" in order to meet this requirement? (If yes, please furnish
the information indicated below)
Yes ______
No ______
PROFESSIONAL ADVISOR INFORMATION
In accordance with federal and state securities laws, your representative must satisfy the following
conditions:
(1) The representative must have such knowledge and experience in financial and business matters that
he or she is capable of evaluating, alone or together with your other representatives or together with
you, the merits and risks of the prospective investment in the LLC; and
(2) He or she may not be an affiliate, director, officer or other employee of the LLC or a beneficial owner
of ten percent or more of any class of the equity securities of the LLC, except where you are:
(i)
(ii)
(iii)
A relative of the representative by blood, marriage or adoption not more remote than first
cousin;
A trust or estate in which the representative and any persons related to him or her as specified
in clause (i) above or clause (iii) below collectively have more than fifty percent of the
beneficial interest (excluding contingent interest) or of which the representative serves as
trustee or executor or in any similar capacity; or
A corporation or other organization of which the representative and any persons related to
him or her as specified in clause (i) or (ii) above collectively are the beneficial owners of
5

INVESTOR QUESTIONNAIRE
more than fifty percent of the equity securities (excluding directors' qualifying shares) or
equity interests.
Purchaser has relied on the advice of the following Professional Advisor, who is not affiliated with, or
paid by, the LLC in evaluating the merits and risks of accepting the Shares described in the
Memorandum, and protecting Purchaser’s interests:
Name of Advisor(s) and Relationship: _________________________________________________
Advisor’s Address and Phone Number: ________________________________________________
Qualifications of the Professional Advisor(s): ___________________________________________
________________________________________________________________________________
REPRESENTATIONS
Purchaser understands that the LLC will be relying on the accuracy and completeness of the statements
and responses contained in this Investor Questionnaire. Purchaser represents and warrants to the Manager
and the LLC as follows:
1. My Statements and responses contained in this Investor Questionnaire are complete and
correct and may be relied on by the Manager and the LLC for the purpose of complying with
all applicable security laws and to determine whether I am a suitable investor.
2. I will notify the Manager and the LLC immediately of any material change in any statement
or response made in this Questionnaire prior to acceptance of my Subscription Agreement by
the Manager.
3. I have sufficient knowledge and experience in financial and business matters to evaluate the
merits and risks of the prospective investment, or I have consulted with Professional Advisors
identified above who have sufficient knowledge and experience in financial and business
matters to evaluate the merits and risks of prospective investment.
4. I am able to bear the economic risk of an investment in the Shares for an indefinite period of
time and understand that an investment in the Shares is illiquid and may result in a complete
loss of such investment.
_______________________________________
Purchaser’s Signature
___________________
Date
________________________________________________________________
Print name and title (if applicable) of person signing
6