SUBSCRIPTION AGREEMENT MAIRS AND POWER SMALL CAP FUND, a series of MAIRS AND POWER FUNDS TRUST May 17, 2011
Exhibit (l)
XXXXX AND POWER SMALL CAP FUND,
a series of
XXXXX AND POWER FUNDS TRUST
May 17, 2011
Xxxxx and Power Funds Trust
W-1520 First National Bank Building
000 Xxxxxxxxx Xxxxxx
Xxxxx Xxxx, Xxxxxxxxx 00000
Ladies and Gentlemen:
The undersigned hereby agrees to purchase 10,000 shares of beneficial interest of Xxxxx and Power Small Cap Fund, a series of Xxxxx and Power Funds Trust, a Delaware statutory trust, at a purchase price of $10.00 per share, for a total purchase price of $100,000.
The undersigned represents that it is making this purchase for investment purposes without any present intention of selling such shares. The undersigned agrees that any stock certificate which represents such shares may include a legend restricting such sale.
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Very truly yours, | |||
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/s/ Xxxxxxx X. Xxxxx | |||
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Accepted: |
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XXXXX AND POWER FUNDS TRUST, on behalf of |
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XXXXX AND POWER SMALL CAP FUND |
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/s/ Xxx X. Xxxxxxxx |
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Its |
Secretary |
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