Exhibit - 10 ii Reimbursement Agreements At present The NorthPoint Capital Fund will not reimburse officers of the cor- poration and directors to compensate for travel expenses associated with per- formance of their duties. As the Fund grows in total...Reimbursement Agreement • June 20th, 2001 • Northpoint Capital Fund Inc
Contract Type FiledJune 20th, 2001 CompanyAt present The NorthPoint Capital Fund will not reimburse officers of the cor- poration and directors to compensate for travel expenses associated with per- formance of their duties. As the Fund grows in total assets, the Board of Dir- ectors may pay directors' travel expenses and place officers and directors of the corporation on salaries commensurate with their duties.
Exhibit - 10 ii Reimbursement Agreements The Valley Forge Fund reimburses officers and directors not affiliated with the Investment Adviser to compensate for travel expenses associated with performance of their duties. A total of $3,717 was paid in...Reimbursement Agreement • May 25th, 1999 • Valley Forge Fund Inc
Contract Type FiledMay 25th, 1999 CompanyThe Valley Forge Fund reimburses officers and directors not affiliated with the Investment Adviser to compensate for travel expenses associated with performance of their duties. A total of $3,717 was paid in this regard in 1998. As the Fund grows in total assets, the Board of Directors may place them on salaries commensurate with their duties.