Initial Capital Agreement Valgro Funds, Inc. Initial Capital Agreement Gentlemen: The undersigned hereby purchases 12,000 shares of this fund at $10 per share, representing a total investment of $120,000 in shares of the fund. The undersigned hereby...

Initial Capital Agreement





Valgro Funds, Inc.
Initial Capital Agreement

Gentlemen:

The undersigned hereby purchases 12,000 shares of this fund at $10 per
share, representing a total investment of $120,000 in shares of the fund.

The undersigned hereby represents that: (1) such purchase is for investment
purposes, and (2) the undersigned has no present intention of redeeming or
selling said shares before two years from the date the SEC declares the fund
shares' registration effective.

Sincerely,

Xxxxxx Xxxxxx