EXHIBIT 13
Form of PURCHASE AGREEMENT
Xxxxxx Insight Funds Trust (the "Trust"), a Massachusetts Business
Trust, on behalf of Xxxxxx Insight Equity Income Fund, Xxxxxx Insight Growth
Fund, Xxxxxx Insight Small-Cap Opportunity Fund, Xxxxxx Insight Index Fund,
Xxxxxx Insight International Fund, Xxxxxx Insight Balanced Fund, Xxxxxx Insight
Convertible Fund, Xxxxxx Insight Bond Fund, Xxxxxx Insight Intermediate
Government Bond Fund and Xxxxxx Insight Tax-Exempt Intermediate Bond Fund and
Xxxxxx Insight Tax-Exempt Bond Fund (together, the "New Portfolios") and Funds
Distributor, Inc.
("Funds Distributor"), a Massachusetts Corporation, hereby agree as follows:
1.The Trust hereby offers Funds Distributor and Funds Distributor hereby
purchases at least one share of each of the Class A and Class B shares
of each of the New Portfolios of the Trust at the then determined net
asset value per share (hereafter "Shares"). Funds Distributor hereby
acknowledges receipt of a purchase confirmation reflecting the purchase
of the Shares of the Class A and Class B Shares, and the Trust hereby
acknowledges receipt from Funds Distributor of funds in the amount of
$______________ in full payment for the Shares.
2.Funds Distributor represents and warrants to the Trust that the Shares
are being acquired for investment purposes and not with a view to the
distribution thereof.
3.Funds Distributor agrees that if it or any direct or indirect
transferee of the Shares held by it redeems the Shares prior to the
fifth anniversary of the date that the Trust begins its investment
activities, Funds Distributor will pay to the Trust an amount equal to
the number resulting from multiplying the Trust's total unamortized
organizational expenses by a fraction, the numerator of which is equal
to the number of Shares redeemed by it or such transferee and the
denominator of which is equal to the number of shares outstanding as of
the date of such redemption, as long as the administrative position of
the staff of the Securities and Exchange Commission requires such
reimbursement.
4.This Agreement has been executed on behalf of the Trust by the
undersigned officer of the Trust. The obligations of this Agreement
shall be binding only upon the assets and property of each individual
portfolio and not upon the assets and property of any other portfolio
of the Trust and shall not be binding upon any Trustee, officer or
shareholder of a portfolio and/or the Trust individually.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
___ day of _______, 199_.
Attest
_________________________________ By: __________________________
XXXXXX INSIGHT FUNDS TRUST
(SEAL)
Attest:
__________________________________ By: __________________________
FUNDS DISTRIBUTOR, INC.
(SEAL)