STRONG INCOME FUNDS, INC.
-STRONG ADVISOR MUNICIPAL BOND FUND
STOCK SUBSCRIPTION AGREEMENT
To the Board of Directors of Strong Income Funds, Inc.:
The undersigned purchaser (the "Purchaser") hereby subscribes to 50,000
shares (the "Shares") of common stock, consisting of 16,666.700 shares each of
Class A and Class B and 16,666.600 shares of Class C, $.00001 par value (the
"Common Stock"), of Strong Income Funds, Inc. - Strong Advisor Municipal Bond
Fund in consideration for which the Purchaser agrees to transfer to you upon
demand cash in the amount of Five Hundred Thousand Dollars ($500,000.00).
It is understood that a certificate representing the Shares may be issued
to the undersigned at the discretion of an officer of the Strong Income Funds,
Inc. any time after receipt by you of payment therefore, and said Shares shall
be deemed fully paid and nonassessable, except to the extent provided in Section
180.0622(2)(b) of the Wisconsin Statutes, as interpreted by courts of competent
jurisdiction, or any successor provision to said Section 180.0622(2)(b).
The Purchaser agrees that the Shares are being purchased for investment
with no present intention of reselling or redeeming said Shares.
Dated and effective this 27th day of September, 2002.
STRONG FINANCIAL CORPORATION
By: _________________________
Xxxx X. Xxxxxx
Assistant Secretary and Assistant Treasurer
ACCEPTANCE
The foregoing subscription is hereby accepted. Dated and effective as of
this 27th day of September, 2002.
STRONG INCOME FUNDS, INC.
Strong Advisor Municipal Bond Fund
By: _________________________
Xxxxx X. Xxxxxxxxx
Vice President and Assistant Secretary
Attest: _______________________
Xxxxx X. Xxxx
Associate Counsel