Exhibit (h)(iii)
FORM OF PURCHASE AGREEMENT
GAMNA Series Funds, Inc. (the "Company"), a Maryland corporation,
and Groupama Asset Management N.A. (the "Purchaser") hereby agree as follows:
1. The Company hereby offers the Purchaser and the Purchaser
hereby purchases 9,998 shares of Class A and 1 share each of Class B and
Class C of the Company's GAMNA Focus Fund capital stock (par value $.001 per
share) for consideration of $10.00 per share (collectively, the "Shares").
The Purchaser hereby acknowledges receipt of a purchase confirmation
reflecting the purchase of the Shares, and the Company hereby acknowledges
receipt from the Purchaser of funds in the amount of $100,000 in full payment
for the Shares.
2. The Purchaser represents and warrants to the Company that the
Shares are being acquired for investment purposes and not with a view to the
distribution thereof.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement
as of the ____ day of ____________, 1999.
GAMNA SERIES FUNDS, INC.
Attest:
By:
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Xxxx Xxxxxx
President
(SEAL)
GROUPAMA ASSET MANAGEMENT N.A.
Attest:
By:
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