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EXHIBIT (l)(3)
PURCHASE AGREEMENT
Northern Funds (the "Trust"), a Massachusetts business trust, and Xxxxxx
X. Xxxxxxx hereby agree as follows:
1. The Trust hereby offers Xxxxxx X. Xxxxxxx and Xxxxxx X. Xxxxxxx hereby
purchases fifty shares of the Trust's Mid Cap Growth Fund (the "Shares") at $10
per Share. The Trust hereby acknowledges receipt from Xxxxxx X. Xxxxxxx of funds
in full payment for the foregoing Shares.
2. Xxxxxx X. Xxxxxxx represents and warrants to the Trust that the
foregoing Shares are being acquired for investment purposes and not with a view
to the distribution thereof.
IN AGREEMENT WHEREOF, and intending to be legally bound hereby, the
parties hereto have executed this Agreement as of March 31, 1998.
NORTHERN FUNDS
By: /s/ Xxxx X. Tennwinkle
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XXXXXX X. XXXXXXX
/s/ Xxxxxx X. Xxxxxxx
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