SUBSCRIPTION AGREEMENT
The Xxxxxxx Funds, Inc.
000 Xxxxx Xxxxx, Xxxxx 000
Xxx Xxxx, Xxxxxxxxxx 00000
Gentlemen:
The undersigned each hereby subscribe to 5,000 shares of the
Class A Common Stock, $0.0001 par value of The Xxxxxxx Funds, Inc., and
agree to pay to said corporation the sum of $50,000 in cash.
It is understood that upon acceptance hereof by said corporation
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 June, 1997.
____________________________________
Xxxxxx X. Xxxxxxx
____________________________________
Xxxxxx X. Xxxxxxx
The foregoing subscription is hereby accepted. Dated and
effective as of this ____ day of June, 1997.
THE XXXXXXX FUNDS, INC.
By: ______________________________________
Xxxxxx X. Xxxxxxx, President