SUBSCRIPTION AGREEMENT FOR INITIAL REGULATORY SEED
SUBSCRIPTION AGREEMENT FOR INITIAL REGULATORY SEED
DoubleLine ETF Adviser LP
0000 Xxxxx Xxxxx Xxxxxx
Xxxxx 000
Xxxxx, XX 00000
February 16, 2022
0000 Xxxxx Xxxxx Xxxxxx
Xxxxx 000
Xxxxx, Xxxxxxx 00000
Re: Subscription for the Purchase of Shares of Beneficial Interest of DoubleLine ETF Trust
Ladies and Gentlemen:
DoubleLine ETF Adviser LP (hereinafter, “we”) hereby subscribes to purchase shares of beneficial interest (collectively, the “Shares”) of the following series of DoubleLine ETF Trust (the “Trust”) as follows:
| Fund | Number of Shares |
Price per Share |
Aggregate Price | |||
| DoubleLine Opportunistic Bond ETF |
1000 | $50.00 | $50,000 | |||
| DoubleLine Shiller CAPE® U.S. Equities ETF |
2000 | $25.00 | $50,000 |
We will purchase the Shares in a private offering prior to the effective date of the Form N-1A registration statement filed by the Trust under the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended.
We consent to the filing of this letter as an exhibit to the Form N-1A registration statement of the Trust.
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SUBSCRIPTION AGREEMENT FOR INITIAL REGULATORY SEED
If you agree to these terms, please acknowledge your agreement and acceptance below.
| Sincerely, |
| /s/ Xxxxx Xxxxx |
| Name: Xxxxx Xxxxx |
| Title: Authorized Signer |
| Agreed and accepted as February 16, 2022: |
| DoubleLine ETF Trust |
| /s/ Xxxxxx X. Xxxxxx |
| By: Xxxxxx X. Xxxxxx |
| Title: President |
