FORM OF INITIAL CAPITAL AGREEMENT
FORM OF
________, 2015
Board of Trustees of
000 XX 00xx Xxxxxx, Xxxxx X00
Boca Raton, FL 33432
Ladies and Gentlemen:
The undersigned hereby subscribes for 10,000 Shares of Beneficial Interest, no par value, of the WP Smaller Companies Income Plus Fund, WP International Income Plus Fund, WP Income Plus Fund, series of WP Trust, a Delaware statutory trust, at $10.00 per share for an aggregate purchase price of $100,000. Our payment in full is confirmed.
The undersigned represents and agrees that it is purchasing these Shares for investment purposes, for its own account and risk and not with a view to any sale, division or other distribution thereof within the meaning of the Securities Act of 1933, nor with any present intention of distributing or selling such shares.
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Very truly yours,
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By:
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Its:
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Confirmed and Accepted:
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By:
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Its:
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