PURCHASE AGREEMENT INTERNATIONAL SECURED OPTIONS PORTFOLIO
Exhibit (l)(7)
INTERNATIONAL SECURED OPTIONS PORTFOLIO
The Glenmede Fund, Inc., a Maryland corporation (the “Company”), and The Glenmede Trust Company, N.A., a Pennsylvania corporation (“Glenmede”), hereby agree with each other as follows:
1. The Company hereby offers Glenmede Trust and Glenmede Trust hereby purchases one share (the “Share”) of the Company’s International Secured Options Portfolio for $10.00 per share. The Company hereby acknowledges receipt from Glenmede Trust of funds in the total amount of $10.00 in full payment for such Share.
2. Glenmede Trust represents and warrants to the Company that each Share is 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 the 28th day of September, 2012.
THE GLENMEDE FUND, INC. | ||||||||
ATTEST: | ||||||||
/s/ Xxxxxxxx X. Xxxxxxx |
/s/ Xxxx Xxx X. Xxxxx | |||||||
By: | Xxxxxxxx X. Xxxxxxx | By: | Xxxx Xxx X. Xxxxx | |||||
Title: | Executive Vice President | Title: | President | |||||
THE GLENMEDE TRUST COMPANY, N.A. | ||||||||
ATTEST: | ||||||||
/s/ Xxxxxxxx X. Xxxxxxx |
/s/ Xxxxx X. Xxxxxxxx | |||||||
By: | Xxxxxxxx X. Xxxxxxx | By: | Xxxxx X. Xxxxxxxx | |||||
Title: | Executive Vice President | Title: | Managing Director |