FORM OF PURCHASE AGREEMENT
Exhibit (I)(38)
Northern Funds (the “Trust”), a Delaware statutory trust, and Xxxx X. Xxxxxxxxxx (the “Purchaser”), hereby agree as follows:
1. The Trust hereby offers the Purchaser and the Purchaser hereby purchases ten shares of the Global Tactical Asset Allocation Fund (the “Global Tactical Asset Allocation Shares”) for $1.00 per share. The Trust hereby acknowledges receipt from the Purchaser of funds in full payment for the Global Tactical Asset Allocation Shares.
2. The Purchaser represents and warrants to the Trust that the Global Tactical Asset Allocation Shares are being acquired for investment purposes and not with a view to the distribution thereof.
IN AGREEMENT WHEREOF, and intending to be legally bound hereby, the parties hereto have executed this Agreement as of , 2011.
NORTHERN FUNDS | ||
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XXXX X. XXXXXXXXXX | ||
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