EXHIBIT 13
PURCHASE AGREEMENT
LKCM Fund (the "Trust"), a Delaware business trust, and Xxxxxx Xxxx
Capital Management Corporation, a Delaware Corporation, hereby agree as follows:
1. The Trust hereby offers and Xxxxxx Xxxx Capital Management
Corporation hereby purchases 10,000 shares of beneficial interest (representing
an interest in the LKCM Small Cap Equity Fund) of the Trust (the "Shares") at a
price of $10 per share. Xxxxxx Xxxx Capital Management Corporation hereby
acknowledges purchase of the Shares and the Trust hereby acknowledges receipt
from Xxxxxx Xxxx Capital Management Corporation of the funds in the amount of
$100,000 in full payment of the Shares. It is further agreed that no certificate
for the Shares will be issued by the Trust.
2. Xxxxxx Xxxx Capital Management Corporation represents and warrants
to the Trust that the Shares are being acquired for investment purposes and not
with a view to the distribution thereof.
3. The names "LKCM Fund" and "Trustees of LKCM Fund" refer,
respectively, to the Trust created and the Trustees as Trustees but not
individually or personally, acting from time to time under an Agreement and
Declaration of Trust dated February 10, 1994, to which reference is hereby made,
and to any and all amendments thereto. The obligations of LKCM Fund entered into
in the name or on behalf thereof by any of the Trustees, Shareholders or
representatives of the trust personally, by bind only the assets of the Trust,
and all persons dealing with any series of Shares of the Trust must look solely
to the assets of the Trust belonging to such series for the enforcement of any
claims against the Trust.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the 6th day of June, 1994.
Attest: LKCM FUND
________________________________ By: ____________________________________
Attest: XXXXXX XXXX CAPITAL MANAGEMENT CORPORATION
________________________________ By: ____________________________________
