SHARE PURCHASE AGREEMENT FINANCIAL INVESTORS VARIABLE INSURANCE TRUST On behalf of its series,
Exhibit 99.(l)
FINANCIAL INVESTORS VARIABLE INSURANCE TRUST
On behalf of its series,
Ibbotson Conservative ETF Asset Allocation Portfolio
Ibbotson Income and Growth ETF Asset Allocation Portfolio
Ibbotson Balanced ETF Asset Allocation Portfolio
Ibbotson Growth ETF Asset Allocation Portfolio
Ibbotson Aggressive Growth ETF Asset Allocation Portfolio
(the “Funds”)
This Agreement is made effective as of the 23rd day of February, 2007 between ALPS Fund Services, Inc., a Colorado corporation (“ALPS”), and Financial Investors Variable Insurance Trust, a Delaware statutory trust (the “Trust”), on behalf of the Funds.
WHEREAS, the Funds wish to sell to ALPS, and ALPS wishes to purchase from the Funds, shares of beneficial interest of each class of shares of the Funds in the amounts listed on Appendix A hereto (collectively, the “Shares”); and
WHEREAS, ALPS is purchasing the Shares for the purpose of acquiring the initial Shares of the Funds.
NOW, THEREFORE, the parties hereto agree as follows:
1. Simultaneously with the execution of this Agreement, ALPS is delivering to the Funds payment in the amount listed on Appendix A hereto in full payment for the Shares.
2. ALPS agrees that it is purchasing the Shares to provide seed capital to the Funds and has no present intention of redeeming or reselling the Shares.
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Executed as of the date first set forth above.
ALPS FUND SERVICES, INC.
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/s/ Xxxxxx X. May |
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By: |
Xxxxxx X. May |
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Its: |
Managing Director |
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FINANCIAL INVESTORS VARIABLE INSURANCE TRUST
On behalf of its Funds,
Ibbotson Conservative ETF Asset Allocation Portfolio
Ibbotson Income and Growth ETF Asset Allocation Portfolio
Ibbotson Balanced ETF Asset Allocation Portfolio
Ibbotson Growth ETF Asset Allocation Portfolio
Ibbotson Aggressive Growth ETF Asset Allocation Portfolio
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/s/ Xxxxxx X. Xxxxx |
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By: |
Xxxxxx X. Xxxxx |
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Its: |
President |
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Appendix A
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Fund |
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Number |
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Share |
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Total |
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Ibbotson Conservative ETF Asset Allocation Portfolio |
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2,000 |
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$ |
10.00 |
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$ |
20,000 |
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Ibbotson Income and Growth ETF Asset Allocation Portfolio |
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2,000 |
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$ |
10.00 |
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$ |
20,000 |
|
|
Ibbotson Balanced ETF Asset Allocation Portfolio |
|
2,000 |
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$ |
10.00 |
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$ |
20,000 |
|
|
Ibbotson Growth ETF Asset Allocation Portfolio |
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2,000 |
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$ |
10.00 |
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$ |
20,000 |
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|
Ibbotson Aggressive Growth ETF Asset Allocation Portfolio |
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2,000 |
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$ |
10.00 |
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$ |
20,000 |
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