SUBSCRIPTION AGREEMENT
THIS AGREEMENT by and between Xxxx Xxxxxx Xxxxxx ("Xxxxxx"), a citizen and
resident of the State of New Jersey and the MurphyMorris Investment Trust
("Trust"), a statutory trust organized and existing under and by virtue of the
laws of the State of Delaware.
In consideration of the mutual promises set forth herein, the parties agree as
follows:
1. The Trust agrees to sell to Xxxxxx and Xxxxxx hereby subscribes to
purchase 8,373.082 shares ("Shares") of beneficial interest of MurphyMorris ETF
Fund, a series of the Trust, with a par value of $0.001 per Share, at a price of
ten dollars ($10.00) per each Share.
2. Xxxxxx agrees to pay $83,730.82 for all such Shares at the time of their
issuance, which shall occur upon call of the President of the Trust, at any time
on or before the effective date of the Trust's Registration Statement filed by
the Trust on Form N-1A with the Securities and Exchange Commission
("Registration Statement").
3. Xxxxxx acknowledges that the Shares to be purchased hereunder have not
been registered under the federal securities laws and that, therefore, the Trust
is relying on certain exemptions from such registration requirements, including
exemptions dependent on the intent of the undersigned in acquiring the Shares.
Xxxxxx also understands that any resale of the Shares, or any part thereof, may
be subject to restrictions under the federal securities laws, and that Xxxxxx
may be required to bear the economic risk of any investment in the Shares for an
indefinite period of time.
4. Xxxxxx represents and warrants that he is acquiring the Shares solely
for his own account and solely for investment purposes and not with a view to
the resale or disposition of all or any part thereof, and that he has no present
plan or intention to sell or otherwise dispose of the Shares or any part thereof
at any time in the near future.
5. Xxxxxx agrees that he will not sell or dispose of the Shares or any part
thereof, except to the Trust itself, unless the Registration Statement with
respect to such Shares is then in effect under the Securities Act of 1933, as
amended.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement by their
duly authorized representatives this 10th day of December, 2003.
By: /s/ Xxxx Xxxxxx Xxxxxx
________________________
Xxxx Xxxxxx Xxxxxx
MurphyMorris Investment Trust
By: /s/ Xxxx X. Xxxxxx
_________________________
Xxxx X. Xxxxxx
President
SUBSCRIPTION AGREEMENT
THIS AGREEMENT by and between Xxxxxxx Xxx Xxxxxx ("Xxxxxx"), a citizen and
resident of the State of Georgia and the MurphyMorris Investment Trust
("Trust"), a statutory trust organized and existing under and by virtue of the
laws of the State of Delaware.
In consideration of the mutual promises set forth herein, the parties agree as
follows:
1. The Trust agrees to sell to Xxxxxx and Xxxxxx hereby subscribes to
purchase 3,902.791 shares ("Shares") of beneficial interest of MurphyMorris ETF
Fund, a series of the Trust, with a par value of $0.001 per Share, at a price of
ten dollars ($10.00) per each Share.
2. Xxxxxx agrees to pay $39,027.91 for all such Shares at the time of their
issuance, which shall occur upon call of the President of the Trust, at any time
on or before the effective date of the Trust's Registration Statement filed by
the Trust on Form N-1A with the Securities and Exchange Commission
("Registration Statement").
3. Xxxxxx acknowledges that the Shares to be purchased hereunder have not
been registered under the federal securities laws and that, therefore, the Trust
is relying on certain exemptions from such registration requirements, including
exemptions dependent on the intent of the undersigned in acquiring the Shares.
Xxxxxx also understands that any resale of the Shares, or any part thereof, may
be subject to restrictions under the federal securities laws, and that Xxxxxx
may be required to bear the economic risk of any investment in the Shares for an
indefinite period of time.
4. Xxxxxx represents and warrants that he is acquiring the Shares solely
for his own account and solely for investment purposes and not with a view to
the resale or disposition of all or any part thereof, and that he has no present
plan or intention to sell or otherwise dispose of the Shares or any part thereof
at any time in the near future.
5. Xxxxxx agrees that he will not sell or dispose of the Shares or any part
thereof, except to the Trust itself, unless the Registration Statement with
respect to such Shares is then in effect under the Securities Act of 1933, as
amended.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement by their
duly authorized representatives this 10th day of December, 2003.
By: /s/ Xxxxxxx Xxx Xxxxxx
________________________
Xxxxxxx Xxx Xxxxxx
MurphyMorris Investment Trust
By: /s/ Xxxx X. Xxxxxx
_________________________
Xxxx X. Xxxxxx
President
