The Subscription Agreement sets forth the basis on which a prospective investor will be admitted as a partner of the Partnership/hedge fund. A prospective investor will make a number of representations and warranties in the agreement, most importantly that it is an "accredited investor" and a "qualified purchaser." These representations are supported by an Investor Questionnaire in a "check-the-box" format, where the investor self-certifies that it is an accredited investor and a qualified purchaser. After the Partnership's review of a prospective investor's Subscription Agreement and Investor Questionnaire to determine eligibility requirements, the General Partner of the Partnership will decide whether to accept the investor into the Partnership. The signature page at the end of the Investor Questionnaire will also serve as the signature page to the Subscription Agreement, as well as to the Partnership Agreement. This template includes practical guidance and drafting notes. For a full listing of related first year associate investment management content, see First Year Associate Resource Kit: Investment Management. For additional hedge fund formation resources, see the following practice notes and templates: • Private Investment Fund/ Hedge Fund Investor Questionnaire • Private Placement Memorandum (Hedge Fund Limited Partnership Interests) (DE) • Limited Partnership Agreement (Hedge Fund) • General Partner Operating Agreement (Hedge Fund) (DE LLC) • Hedge Fund and Its Offering: Drafting and Reviewing the Key Documentation • Hedge Funds Structure and Organization