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EXHIBIT (13)(I)
PURCHASE AGREEMENT
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The ARCH Fund, Inc. (the "Fund"), a Maryland corporation with
transferable shares, and BISYS Fund Services Ohio, Inc. ("BISYS Ohio"), an
Ohio corporation, hereby agree with each other as follows:
1. The Fund hereby offers BISYS Ohio and BISYS Ohio hereby
purchases one (1) Class P share of common stock, one (1) Class P - Special
Series 1 share of common stock and one (1) Class P - Special Series 2 share of
common stock, each such share representing an interest in the ARCH Equity Index
Portfolio (the "Portfolio") at a price of $10 per share (such shares of common
stock in the Portfolio being hereinafter known as the "Shares"). BISYS Ohio
hereby acknowledges the purchase of the Shares and the Fund hereby acknowledges
receipt from BISYS Ohio of funds in the aggregate amount of $30 in full payment
for the Shares.
2. BISYS Ohio represents and warrants to the Fund that the
Shares are being acquired for investment purposes and not with a view to the
distribution thereof.
IN WITNESS WHEREOF, the parties hereto have executed this
Agreement as of the 30th day of April, 1997.
THE ARCH FUND, INC.
By: /s/Xxxxx X. Xxxxxxx
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Title: President
BISYS FUND SERVICES OHIO, INC.
By: /s/Xxxxxxx X. Xxxxxx
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Title: Executive Vice President
