SUBSCRIPTION AGREEMENT
To Purchase Units
THE OXBOW FUND, LLC
c/o C.J.M. Planning Corp.
000 Xxxxxxx Xxxxxx
Xxxxxxx Xxxxx, Xxx Xxxxxx 00000
(000) 000-0000
1. Upon the terms and conditions contained in this Subscription Agreement, the
undersigned hereby subscribes for and agrees to purchase the number of limited
liability company units (the "Units") of The Oxbow Fund, LLC, a New Jersey
limited liability company (the "Fund") set forth below. The undersigned has
executed and delivered this Subscription Agreement in connection with the
registration of Units described in the Fund's Registration Statement on Form N-2
dated November 15, 1999, as amended.
2. The undersigned agrees to purchase the Units subscribed for herein at the
subscription price (the "Subscription Price") of $100,000, and prior to the
effective date of the Registration Statement, will deliver a check, bank draft
or money order payable to "The Oxbow Fund, LLC" in an amount equal to the total
Subscription Price of all Units subscribed for herein.
3. The undersigned is acquiring its interest in the Fund (not as nominee or
agent) for investment and not with view to, or for sale in connection with, any
distribution thereof (in whole or in part). The undersigned has no present
intention of distributing, transferring, reselling or redeeming any portion of
its interest in the Fund.
THE FOLLOWING IS TO BE COMPLETED BY THE UNDERSIGNED:
( 1,000 ) Number of Units
-----------
$100,000 Total Subscription Price Due
-----------
C.J.M. ASSET MANAGEMENT, LLC
000 Xxxxxxx Xxxxxx
Xxxxxxx Xxxxx, Xxx Xxxxxx 00000
By: /s/ Xxxxxx X. Xxxxxxxx
----------------------------
Name: Xxxxxx X. Xxxxxxxx
Title: Chief Executive Officer
Dated: February 29, 2000
-------------------------
TO BE COMPLETED BY THE FUND:
Accepted as of March 1, 2000
----------------
THE OXBOW FUND, LLC
By: /s/ S. Xxxxxxx Xxxxxxxx, Xx.
------------------------------
Name: S. Xxxxxxx Xxxxxxxx, Xx.
Title: President
