EX-99.B13
SUBSCRIPTION AGREEMENT
StockCar Stocks Mutual Fund, Inc.
000 Xxxxxxx Xxxxx, Xxxxx 00
Xxxxxxxxxxx, XX
Gentlemen:
The undersigned ("Subscriber") hereby subscribes for and agrees to
acquire from StockCar Stocks Mutual Fund, Inc., a corporation incorporated under
the laws of the State of Maryland (the "Corporation"), the number of shares of
$.0001 par value Common stock of The StockCar Stocks Index Fund (the "Shares")
of the Corporation shown below in consideration of a cash contribution of
$100,000 ($15.00 per share).
Subscriber hereby represents and warrants to the Corporation that:
(a) Subscriber hereby acknowledges and agrees that the shares will be issued in
reliance upon the exemption from registration contained in Section 4(2) of the
Securities Act of 1933 (the "Securities Act"), and that such Shares will or may
also be issued in reliance upon the exemptions from registration contained in
relevant sections of the Maryland Securities Act and/or comparable exemptions
contained in the securities laws of other jurisdictions to the extent
applicable, and that the transfer of such shares may be restricted or limited as
a condition to the availability of such exemptions.
(b) The shares are being purchased for investment purposes for the account of
the undersigned and without the intent of participating directly or indirectly
in a distribution of such Shares, and the Shares will not be transferred except
in a transaction that is in compliance with any and all applicable securities
laws. The Subscriber has no present intention of redeeming the Shares.
(c) Subscriber has been supplied with, or has had access to, all information,
including financial statements and other financial information, of the
Corporation, to which a reasonable investor would attach significance in making
investment decisions, and has had the opportunity to ask questions of, and
receive answers from, knowledgeable individuals concerning the Corporation and
the Shares.
(d) Subscriber understands that no registration statement or prospectus with
respect to the corporation or the shares is yet effective, and Subscriber has
made his own inquiry and analysis with respect to the Corporation and the
shares.
(e) Subscriber personally, or together with his purchaser representative, has
such knowledge and experience in financial and business matters to be capable of
evaluating the merits and risks of an investment in the Corporation and the
Shares.
(f) Subscriber is financially able to bear the economic risk of this investment,
can afford to hold the shares for an indefinite period and can afford a complete
loss of this investment
Dated as of the 10th day of September, 1998
SHARES OF
THE STOCKCAR STOCKS INDEX FUND SUBSCRIBED PURCHASE AMOUNT
----------------------------------------- ---------------
6,667 $100,000
SUBSCRIBED BY:
STOCKCAR STOCKS INVESTMENT ADVISERS, LLC
-------------------------------------
Xxxx X. Xxxxx XX
President
ACCEPTED BY:
STOCKCAR STOCKS MUTUAL FUND, INC.
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Xxxx X. Xxxxx XX
President
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