INITIAL CAPITAL AGREEMENT
February 15,
2010
Xxxx Investment
Trust
000 Xxxxxxxx
Xxxxx
Xxxxx
000
Xxxxxxxxxx,
Xxxx 00000
Ladies and
Gentlemen:
The undersigned hereby
subscribes for 10,000 Shares of Beneficial Interest, no par value, of the Xxxx
Small & Mid-Cap Growth Fund, a series of Xxxx Investment Trust, an Ohio
business trust, at $10.00 per share for an aggregate purchase price of
$100,000. By signing below, payment in full is
confirmed.
The undersigned represents
and agrees that it is purchasing these Shares for investment purposes, for its
own account and risk and not with a view to any sale, division or other
distribution thereof within the meaning of the Securities Act of 1933, nor with
any present intention of distributing or selling such shares.
| Very truly yours, | |
| Xxxxxxxx Xxxx XXX Contributory | |
| By: /s/ Xxxxxxxx Xxxx |
| Confirmed and Accepted: | |
| Xxxx Investment Trust | |
| By: /s/ L. Xxx Xxxx | |
| Its: President |
