Form of Agreement Regarding Initial Capital MERCANTILE CAPITAL ADVISORS, INC. Two Hopkins Plaza Baltimore, MD 21201
Exhibit 2(p)
MERCANTILE CAPITAL ADVISORS, INC.
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•, 2005
| Mercantile Alternative Strategies Fund for Tax-Exempt/Deferred Investors (TEDI) LLC |
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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 |
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| By: | ||
| Name: | ||
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