Paul Hrabal
Xxxx
Xxxxxx
0000
Xxxxxxx Xxx
Reno,
Nevada 89511
April 2,
2010
P.O. Box
17073
Reno,
Nevada 89511
Ladies
and Gentlemen:
I propose
to acquire shares of beneficial interest (the “Shares”) of U.S. One Trust (the
“Trust”) for an aggregate price of $100,000, as follows:
|
Fund
|
Number
of Shares
|
Price
per Share
|
Aggregate
Price
|
|
One
Fund
|
4,000
|
$25.00
|
$100,000
|
I will
purchase the Shares in a private offering prior to the effective date of the
Form N-1A registration statement filed by the Trust under the Securities Act of
1933 and the Investment Company Act of 1940. I will purchase the
Shares for investment purposes and not with the intent of redeeming or
reselling. I will purchase the Shares pursuant to Section 14 of the
Investment Company Act of 1940 in order to provide the seed capital for the
Trust prior to the commencement of the public offering of its
Shares.
I consent
to the filing of this letter as an exhibit to the Form N-1A registration
statement of the Trust.
April 2,
2010
Page
2
If you
agree to these terms, please acknowledge your agreement and acceptance
below.
Sincerely,
/s/ Xxxx
Xxxxxx
Name:
Xxxx Xxxxxx
Xxxxxx
and accepted as of April 2, 2010:
/s/ Xxxx
Xxxxxx
Name:
Xxxx Xxxxxx
Title:
President
