Exhibit L(2)
PURCHASE AGREEMENT
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Credit Suisse Warburg Pincus Cash Reserve Fund, Inc. (the "Fund"),
a corporation organized under the laws of the State of Maryland, and Credit
Suisse Asset Management, LLC ("CSAM") hereby agree as follows:
1. The Fund offers CSAM and CSAM hereby purchases one share of
common stock of the Fund, which shall be designated as a Class A share, having
a par value of $.001 per share, at a price of $1.00 per Share (the "Initial
Share"), the Fund agreeing to waive the initial sales charge on such purchase.
CSAM hereby acknowledges receipt of a certificate representing the Initial
Share and the Fund hereby acknowledges receipt from CSAM of $1.00 in full
payment for the Initial Share.
2. CSAM represents and warrants to the Fund that the Initial Share
is being acquired for investment purposes and not for the purpose of
distributing it.
3. CSAM agrees that if any holder of the Initial Share redeems such
Share in the Fund before one year after the date upon which the Class A of the
Fund commences its investment activities, the redemption proceeds will be
reduced by the amount of unamortized organizational and offering expenses of
that Class.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement
as of the 2nd day of October, 2001.
CREDIT SUISSE WARBURG PINCUS CASH
RESERVE FUND, INC.
By:/s/Xxx Xxxxxx
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Name: Xxx Xxxxxx
Title: Vice President and Secretary
ATTEST:
/s/Xxxxx XxxXxxxxxx
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CREDIT SUISSE ASSET MANAGEMENT, LLC
By: /s/Xxx Xxxxxx
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Name: Xxx Xxxxxx
Title: Managing Director and General
Counsel
ATTEST:
/s/Xxxxxx Xxxxxx
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