PURCHASE AGREEMENT EQUITY INCOME PORTFOLIO
Exhibit (l)(13)
EQUITY INCOME PORTFOLIO
The Glenmede Fund, Inc., a Maryland corporation (the “Company”), and The Glenmede Corporation a Pennsylvania corporation (“Glenmede”), hereby agree with each other as follows:
1. The Company hereby offers Glenmede and Glenmede hereby purchases 100,000 shares (the “Shares”) of the Company’s Equity Income Portfolio for $10.00 per share. The Company hereby acknowledges receipt from Glenmede of funds in the total amount of $1,000,000.00 in full payment for such Shares.
2. Glenmede represents and warrants to the Company that each Share is being acquired for investment purposes and not with a view to the distribution thereof.
IN AGREEMENT WHEREOF, and intending to be legally bound hereby, the parties hereto have executed this Agreement as of the 21st day of December, 2016.
THE GLENMEDE FUND, INC. | ||||||
ATTEST: | ||||||
/s/ Xxxxxxxx X. Xxxxxxx | /s/ Xxxx Xxx X. Xxxxx | |||||
By: Xxxxxxxx X. Xxxxxxx | By: Xxxx Xxx X. Xxxxx | |||||
Title: Executive Vice President | Title: President | |||||
THE GLENMEDE CORPORATION | ||||||
ATTEST: | ||||||
/s/ Xxxxxx Xxxx | /s/ Xxxx X. Xxxx | |||||
By: Xxxxxx Xxxx | By: Xxxx X. Xxxx | |||||
Title: Accounting Manager | Title: Treasurer |