Exhibit (l)(11)
Purchase Agreement
Firstar Funds, Inc., a Wisconsin corporation (the "Company"), and
Quasar Distributors, LLC ("Quasar") hereby agree as follows:
1. The Company hereby offers Quasar and Quasar hereby purchases, in
consideration for the payment set forth on Exhibit 1 hereto, one share of
beneficial interest of the Aggregate Bond Fund - Institutional, one share of
beneficial interest of the Aggregate Bond Fund - Series A, one share of
beneficial interest of the Aggregate Bond Fund - Series B, and one share of
beneficial interest of the Aggregate Bond Fund - Series Y.
2. The Company hereby offers Quasar and hereby purchases, in
consideration for the payment set forth on Exhibit 1 hereto, one share of
beneficial interest of the National Municipal Bond Fund - Institutional, one
share of beneficial interest of the National Municipal Bond Fund - Series A, one
share of beneficial interest of the National Municipal Bond Fund - Series B, and
one share of beneficial interest of the National Municipal Bond Fund - Series Y.
3. The Company hereby offers Quasar and hereby purchases, in
consideration for consideration for the payment set forth on Exhibit 1 hereto,
one share of beneficial interest of the U.S. Government Securities Fund -
Institutional, one share of beneficial interest of the U.S. Government
Securities Fund - Series A, one share of beneficial interest of the U.S.
Government Securities Fund - Series B, and one share of beneficial interest of
the U.S. Government Securities Fund - Series Y.
4. Quasar acknowledges that the shares purchased hereunder have not
been registered under the federal securities laws and that the Company is
relying on certain exemptions from such registration requirements. Quasar
represents and warrants that it is acquiring such shares solely for investment
purposes and that Quasar has no present intention to redeem, sell or otherwise
dispose of the shares.
5. This Agreement shall be governed by the law of the State of
Wisconsin. Firstar Funds is a corporation organized under the laws of Wisconsin
and under Articles of Incorporation, to which reference is hereby made and a
copy of which is on file at the office of
the Secretary of State of Wisconsin as required by law, and to any and all
amendments thereto so filed or hereafter filed.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the 27th day of November, 2000.
(SEAL)
FIRSTAR FUNDS, INC.
By:
Name: /s/ Xxxxxx Xxxxxxxxx
-----------------------------------
Title: Assistant Treasurer
-----------------------------------
QUASAR DISTRIBUTORS, LLC
By:
Name: /s/ Xxxxx X. Xxxxxxxxx
-----------------------------------
Title: President
-----------------------------------
-2-
Exhibit 1
---------
(Payment for One Share by Quasar Distributors, LLC)
Aggregate Bond Fund - Institutional $ 10.01
Aggregate Bond Fund - Retail A $ 10.00
Aggregate Bond Fund - Retail B $ 10.02
Aggregate Bond Fund - Y $ 10.01
National Municipal Bond Fund - Institutional $ 9.70
National Municipal Bond Fund - Retail A $ 9.72
National Municipal Bond Fund - Retail B $ 9.70
National Municipal Bond Fund - Y $ 9.72
U.S. Government Securities Fund - Institutional $ 10.40
U.S. Government Securities Fund - Retail A $ 10.40
U.S. Government Securities Fund - Retail B $ 10.42
U.S. Government Securities Fund - Y $ 10.37
Total consideration for one share of each series $120.47
