EXHIBIT (l)(18)
PURCHASE AGREEMENT
Northern Funds (the "Trust"), a Delaware business trust, and Xxxxx X.
Xxxxxx hereby agree as follows:
1. The Trust hereby offers Xxxxx X. Xxxxxx, and Xxxxx X. Xxxxxx hereby
purchases, one Class A Share of the Trust's Value Fund (the "Share") at $10.00
per Share. The Trust hereby acknowledges receipt from Xxxxx X. Xxxxxx of funds
in full payment for the foregoing Share.
2. Xxxxx X. Xxxxxx represents and warrants to the Trust that the
foregoing Shares are acquired for investment purposes and not with a view to the
distribution thereof.
IN AGREEMENT WHEREOF, and intending to be legally bound hereby, the
parties hereto have executed this Agreement as of May 29, 2001.
NORTHERN FUNDS
By:/s/Xxxxx X. Xxxxxxxx
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Name : Xxxxx X. Xxxxxxxx
Title: President
XXXXX X. XXXXXX
/s/ Xxxxx X. Xxxxxx
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