ENTRUST MULTI-STRATEGY FUND SUBSCRIPTION AGREEMENT
Exhibit (p)
This Subscription Agreement is entered into this 12th day of March, 2014 by and between EnTrust Multi-Strategy Fund, a Delaware statutory trust (the “Fund”), and EnTrust Capital Management LP (the “Subscriber”);
WITNESSETH:
WHEREAS, the Fund has been formed for the purposes of carrying on business as a closed-end management investment company; and
WHEREAS, the Subscriber wishes to subscribe for and purchase, and the Fund wishes to sell to the Subscriber, 100 shares of beneficial interest (the “Shares”) for a purchase price of $1,000 per share.
NOW THEREFORE, IT IS AGREED:
| 1. | The Subscriber subscribes for and agrees to purchase from the Fund 100 Shares for a purchase price of $1,000 per share. Subscriber agrees to make payment for these Shares at such time as demand for payment may be made by an officer of the Fund. |
| 2. | The Fund agrees to issue and sell said Shares to Subscriber promptly upon its receipt of the purchase price. |
| 3. | To induce the Fund to accept its subscription and issue the Shares subscribed for, the Subscriber: |
| a. | Represents and warrants that it has no present intention of selling or redeeming the Shares subscribed for under this Subscription Agreement. |
| 4. | This Subscription Agreement and all of its provisions shall be binding upon the legal representatives, heirs, successors and assigns of the parties hereto. |
| 5. | This Agreement is executed on behalf of the Fund by the Fund’s officers as officers and not individually and the obligations imposed upon the Fund by this Subscription Agreement are not binding upon any of the Fund’s Trustees, officers or shareholders individually but are binding only upon the assets and property of the Fund. |
IN WITNESS WHEREOF, this Subscription Agreement has been executed by the parties hereto
as of the day and date first above written.
| ENTRUST MULTI-STRATEGY FUND | ||
| By: | /s/ Xxxx Xxxxxxx | |
| Name: | Xxxx Xxxxxxx | |
| Title: | Chief Financial Officer | |
| ENTRUST CAPITAL MANAGEMENT LP | ||
| by its General Partner, EnTrust FOF Management GP Inc. | ||
| By: | /s/ Xxxx Xxxxxxx | |
| Name: | Xxxx Xxxxxxx | |
| Title: | Chief Financial Officer | |
