TREND TRADER FUNDS SUBSCRIPTION AGREEMENT
Exhibit l
To the Board of Trustees of Trend Trader Funds:
The undersigned purchaser (the “Purchaser”) hereby subscribes to the number of shares of beneficial interest (the “Shares”) of Trend Trader Funds (the “Trust”) as follows:
Fund Series | Class | Number of | Aggregate |
Trend Trader Growth and Income Fund | Institutional Shares | 5,000 | $50,000 |
Trend Trader Action Fund | Investor Shares | 5,000 | $50,000 |
$100,000 |
It is understood that a certificate representing the Shares shall not be issued to the undersigned, but such ownership shall be recorded on the books and records of the Trust’s transfer agent. Notwithstanding the fact that a certificate representing ownership will not be issued, the Shares will be deemed fully paid and nonassessable.
The Purchaser agrees that the Shares are being purchased for investment with no present intention to resell or redeem the Shares.
Dated and effective as of the 21st day of May, 2004.
PURCHASER
TREND TRADER, LLC
By:/s/ Xxxx X. Xxxxxxxx
Xxxx X. Xxxxxxxx
ACCEPTANCE
The foregoing subscription is hereby accepted.
Dated and effective as of the 21st day of May, 2004.
By: /s/ Xxxx X. Xxxxxxxx
Xxxx X. Xxxxxxxx
Chief Executive Officer and President
Attest: /s/ Xxxxx Xxxxxxxx
Xxxxx Xxxxxxxx
Secretary
