Subscription Agreement between the Fund and the Investors Pebblebrook Fund, Inc. 13047 Pebblebrook Drive Houston, Texas 77079 Letter of Investment Intent February 10, 2003 To the Board of Directors of the Pebblebrook Fund:Pebblebrook Fund Inc • February 10th, 2003
The undersigned (the Purchaser) hereby subscribes to purchase a beneficial interest (Interest) of the Pebblebrook Fund in the amount of one hundred thousand dollars ($100,000.00) for five thousand (5,000) shares at net asset value of twenty dollars ($20.00) per share, in consideration for which the Purchaser agrees to transfer to you upon demand cash in the amount of one hundred thousand dollars ($100,000).
