Exhibit (l)(34)
PURCHASE AGREEMENT
AGREEMENT dated this 28th day of September, 2005, by and between Allegiant
Funds (the "Trust"), a Massachusetts business trust, and Professional Funds
Distributor, LLC ("PFD").
1. The Trust hereby offers PFD and PFD hereby purchases one each of
the following classes and series of shares of beneficial interest (no par value
per share) representing interests in the Trust's Multi-Factor Small Cap Value
Fund, Multi-Factor Small Cap Core Fund and Multi-Factor Small Cap Growth Fund at
a price of $10.00 per share (collectively known as "Shares"):
CLASS OF SHARES NAME OF CLASS OF SHARES
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Class FFF Allegiant Multi-Factor Small Cap Value Fund - I Shares
Class FFF - Special Series 1 Allegiant Multi-Factor Small Cap Value Fund - A Shares
Class FFF - Special Series 3 Allegiant Multi-Factor Small Cap Value Fund - C Shares
Class FFF - Special Series 5 Allegiant Multi-Factor Small Cap Value Fund - R Shares
Class GGG Allegiant Multi-Factor Small Cap Core Fund - I Shares
Class GGG - Special Series 1 Allegiant Multi-Factor Small Cap Core Fund - A Shares
Class GGG - Special Series 3 Allegiant Multi-Factor Small Cap Core Fund - C Shares
Class GGG - Special Series 5 Allegiant Multi-Factor Small Cap Core Fund - R Shares
Class HHH Allegiant Multi-Factor Small Cap Growth Fund - I Shares
Class HHH - Special Series 1 Allegiant Multi-Factor Small Cap Growth Fund - A Shares
Class HHH - Special Series 3 Allegiant Multi-Factor Small Cap Growth Fund - C Shares
Class HHH - Special Series 5 Allegiant Multi-Factor Small Cap Growth Fund - R Shares
2. PFD hereby acknowledges receipt of one Share of each class and
series listed above. The Trust hereby acknowledges receipt from PFD of funds in
the amount of $10.00 for each such Share.
3. PFD represents and warrants to the Trust that the Shares are being
acquired for investment purposes and not with a view to the distribution
thereof.
4. The names "Allegiant Funds" and "Trustees of Allegiant Funds" refer
respectively to the Trust created and the Trustees, as trustees but not
individually or personally, acting from time to time under a Declaration of
Trust dated as of January 28, 1986 which is hereby referred to and a copy of
which is on file at the office of the State Secretary of the Commonwealth of
Massachusetts and at the principal office of the Trust. The obligations of
"Allegiant Funds" entered into in the name or on behalf thereof by any of the
Trustees, representatives or agents are made not individually, but in such
capacities, and are not binding upon any of the Trustees, Shareholders or
representatives of the Trust personally, but bind only the Trust Property, and
all persons dealing with any class of shares of the Trust must look solely to
the Trust Property belonging to such class for the enforcement of any claims
against the Trust.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the 28th day of September, 2005.
ALLEGIANT FUNDS
Attest:
/s/ Xxxxx Xxxxxx By: /s/ Xxxxxxx X. Xxxxxxx, Xx.
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Title: President and Chief Executive Officer
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PROFESSIONAL FUNDS DISTRIBUTOR, LLC
Attest:
/s/ Xxxx Xxxxxxxx By: Xxxxxxxx X. XxXxxxxxx
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Title: Vice President
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