SUBSCRIPTION AGREEMENT BETWEEN THE TRUST AND THE INVESTORS WEGENER ADAPTIVE GROWTH FUND A SERIES OF THE WEGENER INVESTMENT TRUST LETTER OF INVESTMENT INTENT

SUBSCRIPTION AGREEMENT BETWEEN THE TRUST AND THE INVESTORS

XXXXXXX ADAPTIVE GROWTH FUND

A SERIES OF THE

XXXXXXX INVESTMENT TRUST

LETTER OF INVESTMENT INTENT

August_4_, 2006

To the Board of Trustees of Xxxxxxx Investment Trust:

The undersigned (the "Purchaser") hereby subscribes to purchase a beneficial interest ("Interest") of the Xxxxxxx Adaptive Growth Fund, a series of the Xxxxxxx Investment Trust, in the amount of $100,000 for 10,000 shares at net asset value of $10.00 per share, in consideration for which the Purchaser agrees to transfer to you upon demand cash in the amount of $100,000.

The Purchaser agrees that the Interest is being purchased for investment purposes only and with no present intention of reselling or redeeming said Interest.

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Xxxxxxx Xxxxxxx