Company Revenue Verification Form

This section is to be filled by a practicing Chartered Accountant only.

Dear EO Gurgaon Membership Team,

Our client (mentioned below) has applied for membership in the ENTREPRENEURS ORGANIZATION (EO). It is our understanding that our client is to have generated sales in excess of (US) $1 million dollars during the previous organizational fiscal year on an accrual basis, and that they are the owner, partner, actively in control, controlling shareholder or founder or co-founder as defined below. Based on our knowledge of our client's financial affairs, we confirm that they qualify for admission to you organization.

This information is prepared for the use of ENTREPRENEURS’ ORGANIZATION to assess our client's eligibility to the organization.

This information is not appropriate for any purpose other than for assessing the qualifications for membership. We understand that the information will be kept strictly confidential.

EO Applicant Name

First NameMiddle NameLast Name

EO Applicant Company Name

YesNo

Applicant Company Gross Turnover in INR or USD in the last financial year

Auditor Company / Accounting Firm Name:

Accounting Firm Address

Street Address

Street Address Line 2

CityState / Province

Country

Phone Number

Please enter a valid phone number.Format: 00000-00000.

Remarks

Signature of Chartered Accountant

Date Signed

Date

Definitions:

Owner or Controlling Owner—a sole proprietor or at least 50% ownership of an unincorporated business, or sole shareholder or at least 50% shareholder of a corporation.

Actively in control—(1) having sole or predominant day-to-day
management duties at an operational and/or strategic level, as well as a controlling ownership interest in the business enterprise, company, corporation or partnership; or, alternatively, (2) a trustee of a trust in which the trustee is also a beneficiary, where the relevant business enterprise, company, corporation or partnership, or a controlling interest in the relevant business enterprise, company, corporation or partnership, is an asset of the trust.

Controlling Shareholder—a shareholder in a corporation with either
voting control of the corporation or effective control of the corporation
through the exercise of management rights.

Founder or Co-founder—a person responsible for the formation of the
specific business enterprise, company, corporation or partnership either
individually or jointly who, at the inception of the business enterprise,
company, corporation or partnership was either an Owner, General
Partner, Majority Shareholder or Actively in control. Such founders are not required to own a majority of the company’s stock or partnership interests as long as such applicants are in direct control or co-control of the company. Control is to be determined by the EO Board in their sole
discretion.

Gross Revenue -- as determined by use of GAAP in the USA. For
company’s involved in Broker/Dealer activities, cost of goods or services
brokered do not count as gross revenue, only commissions from the sale
of such goods or services would be considered gross revenue.