Form of Agreement Regarding Initial Capital MERCANTILE CAPITAL ADVISORS, INC. Two Hopkins Plaza Baltimore, MD 21201
Exhibit 2(p)
MERCANTILE CAPITAL ADVISORS, INC.
Xxx Xxxxxxx Xxxxx
Xxxxxxxxx, XX 00000
•, 2005
| Mercantile Alternative Strategies 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 Alternative Strategies 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 ALTERNATIVE STRATEGIES | ||
| FUND
FOR TAX-EXEMPT/DEFERRED INVESTORS (TEDI) LLC |
||
| By: | ||
| Name: | ||
| Title: | ||
