Form of Agreement Regarding Initial Capital MERCANTILE CAPITAL ADVISORS, INC. Two Hopkins Plaza Baltimore, MD 21201
Exhibit 2(p)
Form of Agreement Regarding Initial Capital
MERCANTILE CAPITAL ADVISORS, INC.
Xxx Xxxxxxx Xxxxx
Xxxxxxxxx, XX 00000
•, 2005
| Mercantile Long-Short Manager Fund for Tax-Exempt/Deferred Investors (TEDI) LLC |
| Xxx Xxxxxxx Xxxxx |
| Xxxxxxxxx, XX 00000 |
Ladies and Gentlemen:
Mercantile Capital Advisors, Inc. hereby offers to purchase interests in Mercantile Long-Short Manager Fund for Tax-Exempt/Deferred Investors (TEDI) LLC (the “Company Interest”) for an aggregate price of one hundred thousand ($100,000.00) dollars. This letter will confirm that Mercantile Capital Advisors, Inc. is purchasing the Company Interest for its own account for investment purposes only and not with a view to reselling or otherwise distributing such shares.
| Sincerely, | ||
| MERCANTILE CAPITAL ADVISORS, INC. | ||
| By: | ||
| Name: | ||
| Title: | ||
| ACCEPTED AND AGREED: | |
| MERCANTILE LONG-SHORT MANAGER | |
| FUND
FOR TAX-EXEMPT/DEFERRED INVESTORS (TEDI) LLC |
|
| By: | |
| Name: | |
| Title: | |
