EX-99.B(l)invinitcap
AGREEMENT
Xxxxxxx & Xxxx, Inc., in consideration of the issuance and sale to it by
Xxxxxxx & Xxxx InvestEd Portfolios, Inc. (Fund) of 3,400 shares of Class A
common stock of Xxxxxxx & Xxxx InvestEd Growth Portfolio, 3,400 shares of
Class A common stock of Xxxxxxx & Xxxx InvestEd Balanced Portfolio and
3,400 shares of Class A common stock of Xxxxxxx & Xxxx InvestEd
Conservative Portfolio, for the total payment of $102,000.00, the receipt
of which is acknowledged by the Fund, hereby recognizes that said amount
was paid to the Fund in order for the Fund to comply with Section 14 of the
Investment Company Act of 1940, and represents that it is acquiring said
shares for investment and not with a view toward resale.
Dated this 27th day of August, 2001.
XXXXXXX & XXXX, INC.
By /s/Xxxxxx X. Xxxxxxx
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Xxxxxx X. Xxxxxxx, President
Accepted:
XXXXXXX & XXXX INVESTED PORTFOLIOS, INC.
By /s/Xxxxxxx X. Xxxxxxxx
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Xxxxxxx X. Xxxxxxxx, Vice President, Secretary
and Associate General Counsel