CUSTODY AGREEMENT BETWEEN US BANK, N.A. ANDCustody Agreement • July 13th, 2004 • Frank Funds • Ohio
This agreement (the "Agreement") is entered into as of the _____ day of June, 2004, by and between FRANK FUNDS, an Ohio business trust (the "Trust") and US Bank, National Association, (the "Custodian"), a national banking association having its principal office at 425 Walnut Street, Cincinnati, Ohio, 45202.
MANAGEMENT AGREEMENTManagement Agreement • July 13th, 2004 • Frank Funds • Ohio
The Trust has been organized to engage in the business of an investment company. The Trust currently offers one series of shares to investors, the Frank Value Fund (the “Fund”). You have been selected to act as the sole investment adviser of the Fund and to provide certain other services, as more fully set forth below, and you are willing to act as such investment adviser and to perform such services under the terms and conditions hereinafter set forth. Accordingly, the Trust agrees with you as follows effective upon the date of the execution of this Agreement.
SUBSCRIPTION AGREEMENT BETWEEN THE TRUST AND THE INVESTORS FRANK VALUE FUND A SERIES OF THE FRANK FUNDS LETTER OF INVESTMENT INTENTSubscription Agreement • July 13th, 2004 • Frank Funds
The undersigned (the "Purchaser"), as custodian for Maria N. Frank, hereby subscribes to purchase a beneficial interest ("Interest") of the Frank Value Fund, a series of the Frank Funds, in the amount of $8,142.20 for 814.22 shares at net asset value of $10.00 per share, in consideration for which the Purchaser agrees to transfer to you upon demand cash in the amount of $8,142.22.
