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PURCHASE AGREEMENT
Imperial Special Investments, Inc. (the "Fund"), a California
corporation, and Xxxxxxx X. Xxxxx (the "Purchaser"), hereby agree as follows:
1. The Fund hereby offers and the Purchaser hereby purchases 10 shares
of common stock (hereinafter known as "Shares") at a price of $100 per Share.
The Purchaser hereby acknowledges purchase of the Shares and the Fund hereby
acknowledges receipt from the Purchaser of funds in the amount of $1,000 in
full payment for the Shares. It is further agreed that no certificate for the
Shares will be issued by the Fund.
2. The Purchaser represents and warrants to the Fund that the
Purchaser is purchasing for the Purchaser's own account and not with a view to
or for sale in connection with any distribution of the security.
IN WITNESS WHEREOF, the parties hereto have executed the Agreement as of
the 28th day of April, 2000.
IMPERIAL SPECIAL INVESTMENTS, INC.
By: /s/Xxxxxx Xxxxx
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Title: President
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By: /s/Xxxxxxx X. Xxxxx
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Xxxxxxx X. Xxxxx
