0000756976-98-000059 Sample Contracts

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RECITALS:
Transfer Agent Agreement • September 16th, 1998 • Upright Investments Trust • Ohio
SUBSCRIPTION AGREEMENT
Subscription Agreement • September 16th, 1998 • Upright Investments Trust

For and in consideration of the mutual agreements herein contained David Y.S. Chiueh, hereinafter referred to as "Subscriber" hereby agrees to purchase from Upright Growth Fund (the "Fund"), a mutual fund series of the Upright Investment Trust, and Fund agrees to sell to Subscriber 10,000 shares of capital stock of Fund, at the price of $10 per share, upon the following terms and conditions:

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