Form of Restricted Share Purchase Agreement
Form of Restricted Share Purchase Agreement
This Restricted Share Purchase Agreement (the “Agreement”), dated as of the [ ]th day of September 2025 is between Saturna Capital Corporation (“Saturna”) and Amana Mutual Funds Trust (“Trust”) on behalf of its series, Amana Real Estate Securities Fund (the “Fund”).
Whereas, the Fund is a newly created series of the Trust; and
Whereas, the shares of the Fund (“Shares”) are not yet being offered to the public, pending effectiveness of a registration statement with the U.S. Securities and Exchange Commission; and
Whereas, Xxxxxxx wishes to purchase and the Trust wishes to sell 10,000 Shares of the Fund to provide initial capital to the Fund, the parties agree as follows:
Simultaneously with the execution of this Agreement the Trust will issue and sell to Saturna 10,000 Shares of the Institutional Class of the Fund and Saturna will pay to the Trust $100,000 in return therefor.
Saturna acknowledges that the Shares are not being sold pursuant to an effective SEC registration statement and agrees that Saturna will not sell, transfer, or redeem the Shares prior to (i) the public offering of the Shares pursuant to an effective SEC registration statement; (ii) the withdrawal of a filed registration with respect to the Shares prior to its effectiveness; or (iii) the liquidation of the Fund.
In witness whereof, the Trust and Xxxxxxx have executed this Agreement as of the date first written above.
AMANA MUTUAL FUNDS TRUST | SATURNA CAPITAL CORPORATION | ||||
By: | By: | ||||
Name: | Xxxxxxxx X. Xxxxxx | Name: | Xxxx X. Xxxxxx | ||
Title: | President |
Title: | President |