Shares of Beneficial Interest Sample Contracts

FREEDOM INVESTMENT TRUST III (A Massachusetts Business Trust) JOHN HANCOCK DISCOVERY FUND SHARES OF BENEFICIAL INTEREST CLASS A
Shares of Beneficial Interest • September 29th, 1995 • Freedom Investment Trust Iii

fully paid and non-assessable shares (without par value) of John Hancock Discovery Fund (the "Fund"), a Series of Shares established and designated under the Master Trust Agreement of FREEDOM INVESTMENT TRUST III, a Massachusetts business trust (the "Trust") dated June 16, 1989 as amended from time to time (the "Trust Agreement"). The Terms of the Trust Agreement, a copy of which is on file with the Secretary of the Commonwealth of Massachusetts, are hereby incorporated by reference as fully as if set forth herein in their entirety. As provided in the Trust Agreement, the beneficial interest in the Trust has been divided into Shares of such Series as may be established and designated from time to time, and the Shares evidenced hereby represent the beneficial interest in an undivided proportionate part of the assets belonging to the above designated Series subject to the liabilities belonging to such Series. Such Series and other Series have the relative rights and preferences set forth

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