PURCHASE AGREEMENT
AMT CAPITAL FUND, INC.
AMT Capital Fund, Inc. (the "Fund"), an open-end management
investment company, and Xxxx X. Xxxxxx ("Purchaser"), intending
to be legally bound, hereby agree as follows:
1. In order to provide the Fund on behalf of its U.S.
Selected Growth Portfolio (the "Portfolio") with its initial
capital, the Fund hereby sells to Purchaser and Purchaser
purchases 2 shares of the Class A Common Stock (the "Class A
Shares") of the Portfolio, par value $.001 per share, at a price
of $10.00 per share. The Fund hereby acknowledges receipt from
Purchaser of funds in the amount of $20.00 in full payment for
the Class A Shares of the Portfolio.
2. In order to provide the Fund on behalf of its U.S.
Selected Growth Portfolio (the "Portfolio") with its initial
capital, the Fund hereby sells to Purchaser and Purchaser
purchases 1.604 shares of the Class B Common Stock (the "Class B
Shares") of the Portfolio, par value $.001 per share, at a price
of $12.47 per share. The Fund hereby acknowledges receipt from
Purchaser of funds in the amount of $20.00 in full payment for
the Class B Shares of the Portfolio.
3. Purchaser represents and warrants to the Fund that the
shares are being acquired for investment and not with a view to
distribution thereof.
IN WITNESS WHEREOF, the parties have executed this
agreement as of the 12th day of December, 1995.
AMT CAPITAL FUND, INC.
By: _/s/ Xxxxxxx X. Xxxxxxxxx
Xxxxxxx X. Xxxxxxxxx
Secretary and Treasurer
XXXX X. XXXXXX
/s/ Xxxx X. Xxxxxx .
