Exhibit 23(l)(7)
PURCHASE AGREEMENT
The Commerce Funds (the "Trust"), a Delaware business trust, and Xxxxxxx,
Xxxxx & Co. ("Xxxxxxx"), a New York General Partnership, hereby agree with each
other as follows:
1. The Trust hereby offers Xxxxxxx and Xxxxxxx hereby purchases 1 share
of each of Series G-2 shares and Series H-2 shares representing interests in
Service Shares of each of the Commerce National Tax-Free Intermediate Bond Fund
and the Commerce Missouri Tax-Free Intermediate Bond Fund, respectively at a
purchase price of US $10.00 per Share. Goldman hereby acknowledges purchase of
the Shares and the Trust hereby acknowledges receipt from Goldman of Funds in
the amount of US $20.00 in full payment of the Shares.
2. All Shares offered and purchased in this Agreement are hereby being
made in a private offering.
3. Goldman represents and warrants to the Trust that all Shares purchased
in this Agreement are being acquired for investment purposes and not with a view
to the distribution thereof.
IN AGREEMENT WHEREOF, and intending to be legally bound hereby, the parties
hereto have executed the Agreement as of December 15, 2000.
THE COMMERCE FUNDS
By: /s/ Xxxxxxx X. Xxxxxxxxx
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Title: Vice President
XXXXXXX, SACHS & CO.
By: /s/ Xxxx Xxxxxxxxx
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Vice President
Title:____________________________
