EXHIBIT 13
SUBSCRIPTION AGREEMENT
The Xxxxxxxx Funds, Inc.
The Courtyard Square
000 Xxxxx Xxxxxx
Xxxxx 000
Xxxxxx, Xxxxxxxxxx 00000
Gentlemen:
The undersigned hereby subscribes to 10,000 shares of the Common
Stock, $0.0001 par value of The Xxxxxxxx Funds, Inc., and agrees to pay to
said corporation the sum of $100,000 in cash.
It is understood that upon acceptance hereof by said corporation
a certificate or certificates representing the shares subscribed for shall
be issued to the undersigned and that said shares shall be deemed to be
fully paid and nonassessable.
The undersigned agrees that the shares are being purchased for
investment with no present intention of reselling or redeeming said
shares.
Dated and effective as of this ____ day of February, 1996.
THE XXXXXXXX MANAGEMENT CO., L.P.
By: Xxxxxx X. Xxxxxxxx, Incorporated
By: ________________________________
Xxxx X. Xxxxxxxx, President
The foregoing subscription is hereby accepted. Dated and
effective as of this _____ day of February, 1996.
THE XXXXXXXX FUNDS, INC.
By: ______________________________________
Xxxx X. Xxxxxxxx, President