Exhibit (l) Initial Capital Agreements: Letter of Investment Intent Sit Investment Associates, Inc. Letter of Investment Intent Purchase of Sit Mutual Funds II, Inc. Series E Common Shares Sit Quality Income Fund
Exhibit (l)
Initial Capital Agreements: Letter of Investment Intent
Sit Investment Associates, Inc.
Purchase of
Sit Mutual Funds II, Inc.
Series E Common Shares
Sit Quality Income Fund
Sit Investment Associates, Inc. (“SIA”) intends to purchase approximately one hundred (100) Series E Common Shares of Sit Mutual Funds II, Inc. for $10 per share on or before December 31, 2012. SIA will hold said shares for investment purposes.
| SIT INVESTMENT ASSOCIATES, INC. | ||
| By: |
/s/ Xxxxx X. Xxx | |
| Its: |
President | |
| DATED: |
December 14, 2012 | |
