SHARE PURCHASE AGREEMENT ALPS SERIES TRUST On behalf of its series, Clarkston Partners Fund and Clarkston Fund (the “Funds”)
Exhibit (l)(10)
On behalf of its series,
Clarkston Partners Fund and
Clarkston Fund (the “Funds”)
This Agreement is made effective as of the 8th day of September, 2015 between ALPS Fund Services, Inc. (“ALPS”), a Colorado corporation, and ALPS Series Trust, a Delaware statutory trust (the “Trust”), on behalf of the Funds.
WHEREAS, each Fund wishes to sell to ALPS, and ALPS wishes to purchase from each Fund, shares of beneficial interest of each class of shares of the Funds in the amounts listed on Appendix A hereto (collectively, the “Shares”); and
WHEREAS, ALPS is purchasing the Shares for the purpose of acquiring the initial Shares of the Funds.
NOW, THEREFORE, the parties hereto agree as follows:
1. Simultaneously with the execution of this Agreement, ALPS is delivering to the Funds payment in the amount listed on Appendix A hereto in full payment for the Shares.
Executed as of the date first set forth above.
ALPS FUND SERVICES, INC.
/s/ Xxxxxx X. May
By: Xxxxxx X. May
Its: President
on behalf of the Funds
/s/ XxXxxxx X. Xxxx
By: XxXxxxx X. Xxxx
Its: Secretary
Appendix A
Founders Class
Fund
|
Number of Shares
|
Share Price
|
Total Purchase Price Paid to Fund
|
Clarkston Partners Fund
|
1
|
$10.00
|
$10
|
Institutional Class
Fund
|
Number of Shares
|
Share Price
|
Total Purchase Price Paid to Fund
|
Clarkston Partners Fund
|
1
|
$10.00
|
$10
|
Clarkston Fund
|
1
|
$10.00
|
$10
|