FORM OF PURCHASE AGREEMENT
Exhibit (l)
FORM OF PURCHASE AGREEMENT
The RBB Fund, Inc. (the “Company”), a Maryland corporation, and Motley Fool Asset Management, LLC (“Motley Fool”), intending to be legally bound, hereby agree with each other as follows:
1. The Company hereby offers Motley Fool and Motley Fool hereby purchases one (1) share each of the Motley Fool Independence Fund (Class [ ], par value $.001 per share), Motley Fool Great America Fund (Class [ ], par value $.001 per share), and Motley Fool Epic Voyage Fund (Class [ ], par value $.001 per share) (each a “Fund” and together, the “Funds”) at price per Share equivalent to the net asset value per share of each respective Fund as determined on [ ], 2016.
2. The Company hereby acknowledges receipt from Motley Fool of funds in the amount of $[10.00] in full payment for the Shares.
3. Motley Fool represents and warrants to the Company that the Shares are being acquired for investment purposes and not with a view to the distribution thereof.
4. This Agreement may be executed in counterparts, and all such counterparts taken together shall be deemed to constitute one and the same instrument.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the [ ] day of [ ], 2016.
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THE RBB FUND, INC. | |
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By: |
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Name: Xxxxxxxxx Xxxx | |
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Title President | |
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MOTLEY FOOL ASSET MANAGEMENT, LLC | |
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By: |
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Name: | |
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Title: |