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SHARE PURCHASE AGREEMENT
This agreement is entered into between Strategist World Fund, Inc., a Minnesota
corporation (the Corporation) and American Express Financial Corporation, a
Delaware corporation (AEFC), as of this 16th day of April, 1996.
In order to provide the Corporation with its initial capital, the Corporation
hereby sells to AEFC and AEFC hereby purchases from the Corporation $100,000
worth of shares of the Corporation. The Corporation hereby acknowledges receipt
from AEFC in the amount of $100,000 in full payment for the shares.
AEFC represents and warrants to the Corporation that the shares are being
acquired for investment and not with a view to distribution and that AEFC has no
current intention to dispose of the shares.
Strategist World Fund, Inc.
By: /s/ Xxxxxxx X. Xxxxxx
Xxxxxxx X. Xxxxxx
President
American Express Financial Corporation
By: /s/ Xxxxx X. Xxxxxxxx
Xxxxx X. Xxxxxxxx
Executive Vice President
