Exhibit (l)(2)
PURCHASE AGREEMENT
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The ASO Outlook Group (the "Group"), a Massachusetts business trust,
hereby offers Winsbury Associates ("Winsbury"), an Ohio partnership, and
Winsbury hereby purchases 100 series H units of beneficial interest
(representing interests in the Small Capitalization Equity Fund) and 100 Series
I units of beneficial interest (representing interests in the Balanced Fund) in
the Group (such 200 units of beneficial interest being hereafter collectively
known as "Shares") at a price of $10.00 per Share. Winsbury hereby acknowledges
purchase of the Shares and the Group hereby acknowledges receipt from Winsbury
of funds in the amount of $2,000 in full payment for the Shares.
Winsbury represents and warrants to the Group that the Shares are being
acquired for investment purposes and not with a view to the distribution
thereof.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement this
31st day of October, 1991.
ATTEST: The ASO Outlook Group
/s/ Xxxxxx X. Xxxxx BY: /s/ J. Xxxxx Xxxxx
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ATTEST: Winsbury Associates
/s/ Xxxx X. Xxxxx BY: /s/ Xxxxxxx X. Xxxxxxxx
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