EXHIBIT 99.l.3.
Share Pur. Agmt. - NC Alt. Strat.
47123v1
SHARE PURCHASE AGREEMENT
New Century Portfolios, a Massachusetts business trust (the "Trust") and
Weston Securities Corporation, a Massachusetts Corporation (the "Distributor")
hereby agree with each other as follows:
1. The Trust hereby offers the Distributor and the Distributor hereby
purchases one share (the "Share") of the New Century Alternative
Strategies Portfolio for $10 per share. The Trust hereby acknowledges
receipt from the Distributor of funds in the total amount of $10 in
full payment for such Share.
2. The Distributor represents and warrants to the Trust that the Share is
being acquired for investment purposes and not with a view to the
distribution thereof.
IN WITNESS WHEREOF, New Century Portfolios, on behalf of the New Century
Alternative Strategies Portfolio, and Weston Securities Corporation have caused
this Agreement to be signed by their duly authorized officers as of this 1st day
of May, 2002.
NEW CENTURY PORTFOLIOS
/S/ XXXXX X. XXXXXXX
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Name: Xxxxx X. Xxxxxxx
Title: President, New Century Portfolios
WESTON SECURITIES CORPORATION
/S/ I. XXXXXXX XXXXXXXX
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Name: I. Xxxxxxx Xxxxxxxx
Title: President, Weston Securities Corporation