FORM OF SHARE PURCHASE AGREEMENT ALPS SERIES TRUST On behalf of its series, Clarkston Select Fund and Clarkston Founders Fund (the “Funds”)
Exhibit (l)(7)
FORM OF SHARE PURCHASE AGREEMENT
On behalf of its series,
Clarkston Select Fund and
Clarkston Founders Fund (the “Funds”)
This Agreement is made effective as of the _____ day of ___, 2016 between ALPS Fund Services, Inc. (“ALPS”), a Colorado corporation, and ALPS Series Trust, a Delaware statutory trust (the “Trust”), on behalf of the Funds.
WHEREAS, each Fund wishes to sell to ALPS, and ALPS wishes to purchase from each Fund, shares of beneficial interest of each class of shares of the Funds in the amounts listed on Appendix A hereto (collectively, the “Shares”); and
WHEREAS, ALPS is purchasing the Shares for the purpose of acquiring the initial Shares of the Funds.
NOW, THEREFORE, the parties hereto agree as follows:
1. Simultaneously with the execution of this Agreement, ALPS is delivering to the Funds payment in the amount listed on Appendix A hereto in full payment for the Shares.
Executed as of the date first set forth above.
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ALPS FUND SERVICES, INC.
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By: Xxxxxx X. May
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Its: President
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on behalf of the Funds
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By: XxXxxxx X. Xxxx
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Its: Secretary
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Appendix A
Institutional Class
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Fund
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Number of Shares
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Share Price
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Total Purchase Price Paid to Fund
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Clarkston Founders Fund
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1
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$10.00
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$10
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Clarkston Select Fund
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1
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$10.00
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$10
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