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EXHIBIT (13)
PURCHASE AGREEMENT
Conestoga Family of Funds (the "Company"), a Massachusetts
trust with transferrable shares, and SEI Financial Services Company, a
Pennsylvania corporation ("SEI"), intending to be legally bound, hereby agree
with each other as follows:
1. The Company hereby offers SEI and SEI hereby
purchases: one Class K-1 share and one Class K-2 share; one Class L-1 share and
one Class L-2 share; and one Class M-1 share and one Class M-2 share, each at a
price of $10 per share (such shares of beneficial interest in the Company being
hereinafter known as "Shares"). SEI hereby acknowledges purchase of the Shares
and the Company hereby acknowledges receipt from SEI of funds in the amount of
$60 in full payment for the Shares.
2. SEI represents and warrants to the Company that the
Shares are being acquired for investment purposes and not with a view to the
distribution thereof.
3. The names "Conestoga Family of Funds" and "Trustees
of Conestoga Family of Funds" refer respectively to the Trust created and the
Trustees, as trustees but not individually or personally, acting from time to
time under an Agreement and Declaration of Trust dated August 1, 1989 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 Company. The obligations of "Conestoga Family of 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 Company personally, but
bind only the Trust Property (as defined in the Agreement and Declaration of
Trust), and all persons dealing with any class of shares of the Company must
look solely to the Trust Property belonging to such class for the enforcement
of any claims against the Company.
IN WITNESS WHEREOF, the parties hereto have executed this
Agreement as of the 1st day of May, 1995. (SEAL)
Attest: CONESTOGA FAMILY OF FUNDS
s/ By:s/
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Title: Vice President
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(SEAL)
Attest: SEI Financial Services Company
s/ By:s/
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Title: Vice President
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