0000950117-99-001662 Sample Contracts

DLJ INVESTMENT MANAGEMENT CORP.
Purchase Agreement • August 10th, 1999 • Dljdirect Mutual Funds

DLJ Investment Management Corp. (the "Adviser") hereby offers and agrees to purchase with respect to DLJdirect Technology Fund -- 5000 shares of common stock, and with respect to DLJdirect Growth Fund -- 5000 shares of common stock (the "Shares") at a price of $10.00 per share for an aggregate purchase price of $100,000. The Adviser acknowledges that the Shares are being purchased for the Adviser's own account and for investment purposes only and will be sold only pursuant to a registration statement declared effective under the Securities Act of 1933, as amended, or an exemption therefrom.

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WITNESSETH
Services Agreement • August 10th, 1999 • Dljdirect Mutual Funds • Massachusetts
AGREEMENT
Agreement and Declaration of Trust • August 10th, 1999 • Dljdirect Mutual Funds • Delaware
GLOBAL CUSTODIAL SERVICES AGREEMENT
Global Custodial Services Agreement • August 10th, 1999 • Dljdirect Mutual Funds • New York
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