PURCHASE AGREEMENT
EX-99.(l)(i)
Global Beta ETF Trust (the “Trust”), a Delaware statutory trust, and Global Beta Advisors, LLC (“Global Beta”), hereby
agree as follows:
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1.
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The Trust hereby offers to sell to Global Beta and Global Beta hereby agrees to purchase 5,000 shares of the Global Beta Smart
Income ETF, a series of the Trust, at a price of $20 per share. The Trust hereby acknowledges receipt from Global Beta of funds in full payment for the
foregoing shares.
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2.
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The shares are to be purchased pursuant to Section 14 of the Investment Company Act of 1940 to serve as the seed money for the
Trust prior to the commencement of the public offering of its shares.
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3.
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Global Beta represents and warrants to the Trust that the foregoing shares are being acquired for investment purposes only and
that it has no present intention of redeeming or reselling the shares so acquired.
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IN AGREEMENT WHEREOF, and intending to be legally bound hereby, the parties hereto have executed this Purchase
Agreement as of the 9th day of December, 2019.
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By:
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/s/ Xxxxxxx X. Xxxxx
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Name:
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Xxxxxxx X. Xxxxx
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Title:
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President and Trustee
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GLOBAL BETA ADVISORS, LLC
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By:
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/s/ Xxxxxx Xxxxx
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Name:
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Xxxxxx Xxxxx
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Title:
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Chief Investment Officer
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