September 05, 2006
September 05, 2006
000 Xxx Xxxxx Xxxxxx
Xxxxxxxx, XX 00000
Re: Purchase Agreement for Initial Capital
Gentlemen:
We am purchasing from you today 10,200 shares of Oceanstone Fund, at a price of $10.00 per share, for an aggregate price of $102,000, to provide the initial capital you require pursuant to Section 14 of the Investment Company Act of 1940 in order to make a public offering of shares of the Oceanstone Fund.
We hereby represent that we am acquiring the said shares for investment purpose and not for distribution or resale to the public.
Sincerely,
/S/ Xxxxx X. Xxxx
/S/ Xxxxx Xxxxx
Xxxxx X. Xxxx
Xxxxx Xxxxx
