EXHIBIT 13
SUBSCRIPTION AGREEMENT
Leuthold Funds, Inc.
000 Xxxxx Xxxxx Xxxxxx
Xxxxx 000X
Xxxxxxxxxxx, Xxxxxxxxx 00000
Ladies and Gentlemen:
The undersigned hereby subscribes to 10,000 shares of Class A
Common Stock (Leuthold Asset Allocation Fund), $0.0001 par value per
share, of Xxxxxxxx Funds, Inc., in consideration for which the undersigned
agrees to transfer to you upon demand cash in the amount of $100,000.
It is understood that a certificate or certificates representing
the shares subscribed for shall be issued to the undersigned upon request
at any time after receipt by you of payment therefor, and that said shares
shall be deemed to be fully paid and nonassessable.
The undersigned agrees that the shares are being purchased for
investment with no present intention of reselling or redeeming said
shares.
Dated and effective as of this 20th day of October, 1995.
XXXXXX X. XXXXXXXX FAMILY
FOUNDATION
_______________________________________
Xxxxxx X. Xxxxxxxx, Trustee
ACCEPTANCE
The foregoing subscription is hereby accepted. Dated and
effective as of this 20th day of October, 1995.
By: _________________________________
Xxxxxx X. Xxxxxxxx, President
(CORPORATE SEAL)
Attest: ___________________________
Xxxxx X. Xxxxxx
Vice President and Secretary
