UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D

Notice of Exempt Offering of Securities
OMB APPROVAL
OMB Number:3235-0076
Expires:June 30, 2012
Estimated average burden
hours per response:4.00

1. Issuer's Identity
CIK (Filer ID Number)Previous Name(s)NoneEntity Type
0001752572
Corporation
Limited Partnership
 Limited Liability Company
 General Partnership
 Business Trust
Other 
Name of Issuer
 Belgard Capital Fund LLC
Jurisdiction of Incorporation/Organization
DELAWARE 
Year of Incorporation/Organization
Over Five Years Ago
Within Last Five Years (Specify Year)
2018
Yet to Be Formed
 
2. Principal Place of Business and Contact Information
Name of Issuer
 Belgard Capital Fund LLC
Street Address 1Street Address 2
 TWO INTERNATIONAL PLACE
 
CityState/Province/CountryZIP/Postal CodePhone No. of Issuer
 BOSTON
 MASSACHUSETTS
 
 02110
 617-482-8260 
3. Related Persons
Last NameFirst NameMiddle Name
Eaton Vance
Management
Street Address 1Street Address 2
 Two International Place 
 
CityState/Province/CountryZIP/Postal Code
 Boston
 MASSACHUSETTS
 02110
Relationship:Executive OfficerDirectorPromoter
Clarification of Response (if Necessary)
 

Last NameFirst NameMiddle Name
Marius
Frederick
S.
Street Address 1Street Address 2
 c/o Eaton Vance Management 
 Two International Place
CityState/Province/CountryZIP/Postal Code
 Boston
 MASSACHUSETTS
 02110
Relationship:Executive OfficerDirectorPromoter
Clarification of Response (if Necessary)
Executive Officer of the Manager

Last NameFirst NameMiddle Name
Faust Jr.
Thomas
Street Address 1Street Address 2
 c/o Eaton Vance Management 
 Two International Place
CityState/Province/CountryZIP/Postal Code
 Boston
 MASSACHUSETTS
 02110
Relationship:Executive OfficerDirectorPromoter
Clarification of Response (if Necessary)
Executive Officer of the Manager

Last NameFirst NameMiddle Name
Murphy
A. John
Street Address 1Street Address 2
 c/o Eaton Vance Management 
 Two International Place
CityState/Province/CountryZIP/Postal Code
 Boston
 MASSACHUSETTS
 02110
Relationship:Executive OfficerDirectorPromoter
Clarification of Response (if Necessary)
Executive Officer of the Manager

Last NameFirst NameMiddle Name
Hylton
Laurie
G.
Street Address 1Street Address 2
 c/o Eaton Vance Management 
 Two International Place
CityState/Province/CountryZIP/Postal Code
 Boston
 MASSACHUSETTS
 02110
Relationship:Executive OfficerDirectorPromoter
Clarification of Response (if Necessary)
Executive Officer of the Manager

Last NameFirst NameMiddle Name
Cataldo
Daniel
Street Address 1Street Address 2
 c/o Eaton Vance Management 
 Two International Place
CityState/Province/CountryZIP/Postal Code
 Boston
 MASSACHUSETTS
 02110
Relationship:Executive OfficerDirectorPromoter
Clarification of Response (if Necessary)
Executive Officer of the Manager

4. Industry Group
 Agriculture
Banking & Financial Services
  Commercial Banking
  Insurance
 Investing
  Investment Banking
  Pooled Investment Fund
Hedge Fund
Private Equity Fund
Venture Capital Fund
Other Investment Fund
*Is the issuer registered as an investment company under the Investment Company Act of 1940?
Yes  No
 Other Banking & Financial Services
 Business Services
Energy
  Coal Mining
  Electric Utilities
  Energy Conservation
  Environmental Services
  Oil & Gas
  Other Energy
Health Care
  Biotechnology
  Health Insurance
  Hospitals & Physicians
  Pharmaceuticals
  Other Health Care
 Manufacturing
Real Estate
 Commercial
 Construction
 REITS & Finance
 Residential
Other Real Estate
 Retailing
Restaurants
Technology
 Computers
 Telecommunications
 Other Technology
Travel
 Airlines & Airports
 Lodging & Conventions
 Tourism & Travel Services
 Other Travel
Other
5. Issuer Size
Revenue RangeAggregate Net Asset Value Range
No Revenues No Aggregate Net Asset Value
 $1 - $1,000,000$1 - $5,000,000
 $1,000,001 - $5,000,000 $5,000,001 - $25,000,000
$5,000,001 - $25,000,000 $25,000,001 - $50,000,000
$25,000,001 - $100,000,000 $50,000,001 - $100,000,000
 Over $100,000,000 Over $100,000,000
 Decline to Disclose Decline to Disclose
 Not Applicable Not Applicable

6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)
Rule 504(b)(1) (not (i), (ii) or (iii))Rule 505
Rule 504 (b)(1)(i) Rule 506
Rule 504 (b)(1)(ii) Securities Act Section 4(6)
Rule 504 (b)(1)(iii)Investment Company Act Section 3(c)
Section 3(c)(1)Section 3(c)(9)
Section 3(c)(2)Section 3(c)(10)
Section 3(c)(3)Section 3(c)(11)
Section 3(c)(4)Section 3(c)(12)
Section 3(c)(5)Section 3(c)(13)
Section 3(c)(6)Section 3(c)(14)
Section 3(c)(7)

7. Type of Filing
 New Notice Date of First Sale 
 
 First Sale Yet to Occur
 Amendment

8. Duration of Offering
Does the Issuer intend this offering to last more than one year?  Yes  No

9. Type(s) of Securities Offered (select all that apply)
Pooled Investment Fund InterestsEquity
Tenant-in-Common Securities Debt
Mineral Property SecuritiesOption, Warrant or Other Right to Acquire Another Security
Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire SecurityOther (describe)
Shares of the Fund

10. Business Combination Transaction
Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?  Yes  No
Clarification of Response (if Necessary)
 
11. Minimum Investment
Minimum investment accepted from any outside investor$
 1,000,000
USD

12. Sales Compensation
Recipient 
Recipient CRD NumberNone
 Eaton Vance Distributors, Inc.
 37731
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
Two International Place
 
City State/Province/CountryZIP/Postal Code
 Boston MASSACHUSETTS 02110
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 BB&T SECURITIES, LLC
 142785
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
901 EAST BYRD STREET
RIVERFRONT PLAZA, WEST TOWER
City State/Province/CountryZIP/Postal Code
 Richmond VIRGINIA 23219
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 NORTHERN TRUST SECURITIES, INC.
 7927
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
50 SOUTH LASALLE STREET
 
City State/Province/CountryZIP/Postal Code
 Chicago ILLINOIS 60603
State(s) of SolicitationAll States
Foreign/Non-US
 
ARIZONA
CALIFORNIA
COLORADO
FLORIDA
GEORGIA
ILLINOIS
INDIANA
MARYLAND
MASSACHUSETTS
MICHIGAN
NEVADA
NEW JERSEY
NEW YORK
NORTH CAROLINA
PENNSYLVANIA
TENNESSEE
TEXAS
VIRGINIA
WASHINGTON
WISCONSIN

Recipient 
Recipient CRD NumberNone
 OPPENHEIMER & CO. INC
 249
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
85 BROAD STREET
22ND,24TH FLOOR
City State/Province/CountryZIP/Postal Code
 New York NEW YORK 10004
State(s) of SolicitationAll States
Foreign/Non-US
 
ALABAMA
ALASKA
ARIZONA
ARKANSAS
CALIFORNIA
COLORADO
CONNECTICUT
DELAWARE
DISTRICT OF COLUMBIA
FLORIDA
GEORGIA
HAWAII
IDAHO
ILLINOIS
INDIANA
IOWA
KANSAS
KENTUCKY
LOUISIANA
MAINE
MARYLAND
MASSACHUSETTS
MICHIGAN
MINNESOTA
MISSISSIPPI
MISSOURI
MONTANA
NEBRASKA
NEVADA
NEW HAMPSHIRE
NEW JERSEY
NEW MEXICO
NEW YORK
NORTH CAROLINA
NORTH DAKOTA
OHIO
OKLAHOMA
OREGON
PENNSYLVANIA
PUERTO RICO
RHODE ISLAND
SOUTH CAROLINA
SOUTH DAKOTA
TENNESSEE
TEXAS
UTAH
VERMONT
VIRGINIA
WASHINGTON
WEST VIRGINIA
WISCONSIN

Recipient 
Recipient CRD NumberNone
 ROBERT W. BAIRD & CO. INCORPORATED
 8158
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
777 E. WISCONSIN AVENUE
 
City State/Province/CountryZIP/Postal Code
 Milwaukee WISCONSIN 53202
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 SANFORD C. BERNSTEIN & CO., LLC
 104474
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
1345 AVENUE OF THE AMERICAS
 
City State/Province/CountryZIP/Postal Code
 New York NEW YORK 10105-0096
State(s) of SolicitationAll States
Foreign/Non-US
 
ALABAMA
ALASKA
ARIZONA
ARKANSAS
CALIFORNIA
COLORADO
CONNECTICUT
DELAWARE
DISTRICT OF COLUMBIA
FLORIDA
GEORGIA
HAWAII
IDAHO
ILLINOIS
INDIANA
IOWA
KANSAS
KENTUCKY
LOUISIANA
MAINE
MARYLAND
MASSACHUSETTS
MICHIGAN
MINNESOTA
MISSISSIPPI
MISSOURI
MONTANA
NEBRASKA
NEVADA
NEW HAMPSHIRE
NEW JERSEY
NEW MEXICO
NEW YORK
NORTH CAROLINA
NORTH DAKOTA
OHIO
OKLAHOMA
OREGON
PENNSYLVANIA
PUERTO RICO
RHODE ISLAND
SOUTH CAROLINA
SOUTH DAKOTA
TENNESSEE
TEXAS
UTAH
VERMONT
VIRGINIA
WASHINGTON
WEST VIRGINIA
WISCONSIN

Recipient 
Recipient CRD NumberNone
 Hightower Advisors, LLC
 145323
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
200 W. Madison St.
Suite 2500
City State/Province/CountryZIP/Postal Code
 Chicago ILLINOIS 60606
State(s) of SolicitationAll States
Foreign/Non-US
 
ALASKA
ARIZONA
ARKANSAS
CALIFORNIA
COLORADO
CONNECTICUT
DELAWARE
DISTRICT OF COLUMBIA
FLORIDA
GEORGIA
HAWAII
IDAHO
ILLINOIS
INDIANA
IOWA
KANSAS
KENTUCKY
LOUISIANA
MAINE
MARYLAND
MASSACHUSETTS
MICHIGAN
MINNESOTA
MISSISSIPPI
MISSOURI
MONTANA
NEBRASKA
NEVADA
NEW HAMPSHIRE
NEW JERSEY
NEW MEXICO
NEW YORK
NORTH CAROLINA
NORTH DAKOTA
OHIO
OKLAHOMA
OREGON
PENNSYLVANIA
PUERTO RICO
RHODE ISLAND
SOUTH CAROLINA
SOUTH DAKOTA
TENNESSEE
TEXAS
UTAH
VERMONT
VIRGINIA
WASHINGTON
WEST VIRGINIA
WISCONSIN

Recipient 
Recipient CRD NumberNone
 RBC Capital Markets, LLC
 31194
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
3 WORLD FINANCIAL CENTER
200 VESEY ST.
City State/Province/CountryZIP/Postal Code
 New York NEW YORK 10281
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 CIBC Private Wealth Advisors (Atlantic Trust)
 109644
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
One South Wacker Drive
suite 3500
City State/Province/CountryZIP/Postal Code
 Chicago ILLINOIS 60606
State(s) of SolicitationAll States
Foreign/Non-US
 
ALABAMA
ALASKA
ARIZONA
ARKANSAS
CALIFORNIA
COLORADO
CONNECTICUT
DELAWARE
DISTRICT OF COLUMBIA
FLORIDA
GEORGIA
HAWAII
IDAHO
ILLINOIS
INDIANA
IOWA
KANSAS
KENTUCKY
LOUISIANA
MAINE
MARYLAND
MASSACHUSETTS
MICHIGAN
MINNESOTA
MISSISSIPPI
MISSOURI
MONTANA
NEBRASKA
NEVADA
NEW HAMPSHIRE
NEW JERSEY
NEW MEXICO
NEW YORK
NORTH CAROLINA
NORTH DAKOTA
OHIO
OKLAHOMA
OREGON
PENNSYLVANIA
RHODE ISLAND
SOUTH CAROLINA
SOUTH DAKOTA
TENNESSEE
TEXAS
UTAH
VERMONT
VIRGINIA
WASHINGTON
WEST VIRGINIA
WISCONSIN
WYOMING

Recipient 
Recipient CRD NumberNone
 Mercer Advisors
 147363
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
1801 East Cabrillo Blvd
 
City State/Province/CountryZIP/Postal Code
 Santa Barbara CALIFORNIA 93108
State(s) of SolicitationAll States
Foreign/Non-US
 
ALABAMA
ALASKA
ARIZONA
ARKANSAS
CALIFORNIA
COLORADO
CONNECTICUT
DELAWARE
DISTRICT OF COLUMBIA
FLORIDA
GEORGIA
HAWAII
IDAHO
ILLINOIS
INDIANA
IOWA
KANSAS
KENTUCKY
LOUISIANA
MAINE
MARYLAND
MASSACHUSETTS
MICHIGAN
MINNESOTA
MISSISSIPPI
MISSOURI
MONTANA
NEBRASKA
NEVADA
NEW HAMPSHIRE
NEW JERSEY
NEW MEXICO
NEW YORK
NORTH CAROLINA
NORTH DAKOTA
OHIO
OKLAHOMA
OREGON
PENNSYLVANIA
PUERTO RICO
RHODE ISLAND
SOUTH CAROLINA
SOUTH DAKOTA
TENNESSEE
TEXAS
UTAH
VERMONT
VIRGINIA
WASHINGTON
WEST VIRGINIA
WISCONSIN

Recipient 
Recipient CRD NumberNone
 First Republic Securities LLC
 105108
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
111 Pine Street
 
City State/Province/CountryZIP/Postal Code
 San Francisco CALIFORNIA 94111
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 Ameriprise Financial
 6363
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
707 2nd Avenue South
 
City State/Province/CountryZIP/Postal Code
 Minneapolis MINNESOTA 55402
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 Merrill Lynch, Pierce Fenner, & Smith
 7691
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
One Bryant Park
 
City State/Province/CountryZIP/Postal Code
 New York NEW YORK 10036
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 Stifel Nicolaus & Company, Inc.
 793
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
501 North Broadway
 
City State/Province/CountryZIP/Postal Code
 St Louis MISSOURI 63102
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 Charles Schwab & Co., Inc.
 5393
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
211 Main Street
 
City State/Province/CountryZIP/Postal Code
 San Francisco CALIFORNIA 94105
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 Morgan Stanley
 8209
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
1585 Broadway
 
City State/Province/CountryZIP/Postal Code
 New York NEW YORK 10036-8293
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 Bessemer Investor Services
 17442
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
630 Fifth Avenue
 
City State/Province/CountryZIP/Postal Code
 New York NEW YORK 10111-0333
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 JP Morgan Securities (Private Bank uses JPM Securities)
 79
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
383 Madison Avenue
 
City State/Province/CountryZIP/Postal Code
 New York NEW YORK 10179
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 UBS Financial Services
 8174
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
1200 Harbor Blvd
 
City State/Province/CountryZIP/Postal Code
 Weehawken NEW JERSEY 07086
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 Cetera Advisors LLC
 10299
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 None
 None
Street Address 1
Street Address 2
4600 South Syracuse St
Suite 600
City State/Province/CountryZIP/Postal Code
 Denver COLORADO 80237
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 Cetera Advisors LLC
 10299
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 Cetera Advisor Networks
 13572
Street Address 1
Street Address 2
200 N Pacific Coast Hwy
Suite 1300
City State/Province/CountryZIP/Postal Code
 El Segundo CALIFORNIA 90245-5672
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 Cetera Advisors LLC
 10299
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 Cetera Financial Specialists
 10358
Street Address 1
Street Address 2
200 North Martingale RD
7th fl
City State/Province/CountryZIP/Postal Code
 Schaumburg ILLINOIS 60173
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 Cetera Advisors LLC
 10299
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 Cetera Investment Services
 15340
Street Address 1
Street Address 2
400 First St S.
Suite 300
City State/Province/CountryZIP/Postal Code
 St Cloud MINNESOTA 56032
State(s) of SolicitationAll States
Foreign/Non-US
 

Recipient 
Recipient CRD NumberNone
 Cetera Advisors LLC
 10299
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 Summit Brokerage Services
 34643
Street Address 1
Street Address 2
595 S. Federal Hwy
Suite 500
City State/Province/CountryZIP/Postal Code
 Boca Raton FLORIDA 33432
State(s) of SolicitationAll States
Foreign/Non-US
 
ALABAMA
ALASKA
ARIZONA
ARKANSAS
CALIFORNIA
COLORADO
CONNECTICUT
DELAWARE
DISTRICT OF COLUMBIA
FLORIDA
GEORGIA
HAWAII
IDAHO
ILLINOIS
INDIANA
IOWA
KANSAS
KENTUCKY
LOUISIANA
MAINE
MARYLAND
MASSACHUSETTS
MICHIGAN
MINNESOTA
MISSISSIPPI
MISSOURI
MONTANA
NEBRASKA
NEVADA
NEW HAMPSHIRE
NEW JERSEY
NEW MEXICO
NEW YORK
NORTH CAROLINA
NORTH DAKOTA
OHIO
OKLAHOMA
OREGON
PENNSYLVANIA
RHODE ISLAND
SOUTH CAROLINA
SOUTH DAKOTA
TENNESSEE
TEXAS
UTAH
VERMONT
VIRGINIA
WASHINGTON
WEST VIRGINIA
WISCONSIN
WYOMING

Recipient 
Recipient CRD NumberNone
 Cetera Advisors LLC
 10299
(Associated) Broker or DealerNone
(Associated) Broker or Dealer CRD Number None
 First Allied Securities
 32444
Street Address 1
Street Address 2
655 West Broadway
12th fl
City State/Province/CountryZIP/Postal Code
 San Diego CALIFORNIA 92101
State(s) of SolicitationAll States
Foreign/Non-US
 


13. Offering and Sales Amounts
 
Total Offering Amount $
 
USD or Indefinite
Total Amount Sold $
3,052,296,151
USD
Total Remaining to be Sold $
 
USD orIndefinite
Clarification of Response (if Necessary)
  
14. Investors

Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors,
Number of such non-accredited investors who already have invested in the offering
 
  Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:
903
15. Sales Commissions & Finders’ Fees Expenses
Provide separately the amounts of sales commissions and finders' fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.
Sales Commissions$
0
USDEstimate
Finders' Fees$
0
USDEstimate
Clarification of Response (if Necessary)
 
 
16. Use of Proceeds
Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.
 $ 
0
USDEstimate
Clarification of Response (if Necessary)
 
Signature and Submission
Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.
Terms of Submission 
 In submitting this notice, each Issuer named above is: 
 
  • Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, the information furnished to offerees.
  • Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the Issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against it in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of:  (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
  • Certifying that the Issuer is not disqualified from relying on any Regulation D exemption it has identified in Item 6 above for one of the reasons stated in Rule 505(b)(2)(iii).
 
Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.
For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.
 
IssuerSignatureName of SignerTitleDate
Belgard Capital Fund LLC/s/ A.John MurphyA. John MurphyVice President2020-09-17

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.