PURCHASE AGREEMENT ABSOLUTE RETURN PORTFOLIO TOTAL MARKET LONG/SHORT PORTFOLIO
(l)(3)
ABSOLUTE
RETURN PORTFOLIO
TOTAL
MARKET LONG/SHORT PORTFOLIO
The
Glenmede Fund, Inc., a Maryland corporation (the “Company”), and The Glenmede
Trust Company, N.A., a Pennsylvania corporation (“Glenmede Trust”), 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 Absolute Return 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. The
Company hereby offers Glenmede Trust and Glenmede Trust hereby purchases one
Share of the Company’s Total Market Long/Short 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.
3. 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 26th day of September,
2006.
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THE
GLENMEDE FUND, INC.
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ATTEST:
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/s/
Xxxxxxxx X. Xxxxxxx
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/s/
Xxxx Xxx X. Xxxxx
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By:
Xxxxxxxx X. Xxxxxxx
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By:
Xxxx Xxx X. Xxxxx
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Title:
Executive Vice President
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Title:
President
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THE
GLENMEDE TRUST COMPANY, N.A.
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ATTEST:
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/s/
Xxxxxx X. Xxxxxxx
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/s/
Xxxxx X. Xxxxxxxx
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By:
Xxxxxx X. Xxxxxxx
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By:
Xxxxx X. Xxxxxxxx
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Title:
Vice President
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Title:
Sr. V.P.
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