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SHARE PURCHASE AGREEMENT
This agreement is entered into between Strategist World Fund, Inc.,
a Minnesota corporation (the Corporation) and American Express
Financial Corporation, a Delaware corporation (AEFC), as of this
16th day of April, 1996.
In order to provide the Corporation with its initial capital, the
Corporation hereby sells to AEFC and AEFC hereby purchases from the
Corporation $100,000 worth of shares of the Corporation. The
Corporation hereby acknowledges receipt from AEFC in the amount of
$100,000 in full payment for the shares.
AEFC represents and warrants to the Corporation that the shares are
being acquired for investment and not with a view to distribution
and that AEFC has no current intention to dispose of the shares.
Strategist World Fund, Inc.
By: /s/ Xxxxxxx X. Xxxxxx
Xxxxxxx X. Xxxxxx
President
American Express Financial Corporation
By: /s/ Xxxxx X. Xxxxxxxx
Xxxxx X. Xxxxxxxx
Executive Vice President
