1. SUBSCRIPTION AGREEMENT
JohnsonFamily Funds, Inc.
0000 Xxxxx Xxxx Xxxxxx
Xxxxxx, Xxxxxxxxx 00000
Ladies and Gentlemen:
The undersigned hereby subscribes to 10,000 shares of Common Stock,
$0.0001 par value per share, of JohnsonFamily Funds, Inc., consisting of
5,000 shares of the Intermediate Fixed Income Fund, 4,800 shares of the
Large Cap Equity Fund, 100 shares of the Small Cap Equity Fund and 100
shares of the International Equity Fund (the Intermediate Fixed Income
Fund, Large Cap Equity Fund, Small Cap Equity Fund and International
Equity Fund are hereinafter collectively referred to as the "Funds"). In
consideration for which the undersigned agrees to transfer to you upon
demand cash in the amount of $100,000 ($10 per share of each Fund). It is
understood that upon receipt by you of payment therefor, said shares shall
be issued and shall be deemed to be fully paid and nonassessable. The
undersigned agrees that the shares are being purchased for investment with
no present intention of reselling or redeeming said shares.
The proceeds of redemption of these shares by you will be reduced by a
pro rata portion of any then unamortized organization expenses of the
Funds. This proration will be calculated by dividing the number of shares
to be redeemed by the aggregate number of shares held which represent the
initial capital of the Funds.
Dated and effective as of this ___day of __________, 1998.
Xxxxxx X. Xxxxxxx
2. ACCEPTANCE
The foregoing subscription is hereby accepted. Dated and effective as of
this _____ day of ____________, 1998.
JOHNSONFAMILY FUNDS, INC.
By:
President
