Common use of Share Subscription Clause in Contracts

Share Subscription. The undersigned agrees to purchase from Hotchkis and Wiley Variable Trust (the "Fund") the number of shares (the "Shares") without par value, set forth at the end of this Agreement on the terms and conditions set forth herein and in the Prospectus ("Preliminary Prospectus") described below, and hereby tenders the amount of the price required to purchase these Shares at the price set forth at the end of this Agreement. The undersigned understands that the Fund has prepared a registration statement and an amendment thereto for filing with the Securities and Exchange Commission on Form N-1A, which contains the Preliminary Prospectus which describes the Fund and the Shares. By its signature hereto, the undersigned hereby acknowledges receipt of a copy of the Preliminary Prospectus. The undersigned recognizes that the Fund will not be fully operational until such time as it commences the public offering of its shares. Accordingly, a number of features of the Fund described in the Preliminary Prospectus, including without limitation, the declaration and payment of dividends, and redemption of shares upon request of shareholders, are not, in fact, in existence at the present time and will not be instituted until the Fund's registration statement under the Securities Act of 1933 is effective.

Share Subscription. The undersigned agrees to purchase from Hotchkis and Wiley Variable Trust ▇▇▇▇▇▇ Managed Portfolios (the "Fund") the number of shares of the Fund's The Kansas Municipal Trust series, no par value per share (the "Shares") without par value), set forth at the end of this Agreement above its signature, on the terms and conditions set forth herein and in the Preliminary Prospectus ("Preliminary Prospectus") described below, and hereby tenders the amount of the price required to purchase these Shares shares at the a price set forth at the end of this Agreement$11.49 per share. The undersigned understands that the Fund has prepared filed a registration statement and an amendment thereto for filing with the Securities and Exchange Commission (No.33-36324) on Form N-1AN-lA, which contains the Preliminary Prospectus which describes the Fund and the Shares. By its signature hereto, the undersigned hereby acknowledges receipt of a copy of the Preliminary Prospectus. The undersigned recognizes that the Fund will be not be fully operational until such time as it commences the public offering of its shares. Accordingly, a number of features of the Fund described in the Preliminary Prospectus, including including, without limitation, the declaration and payment of dividends, and redemption of shares upon request of shareholders, are not, in fact, in existence at the present time and will not be instituted until the Fund's registration statement under the Securities Act of 1933 is made effective.

Share Subscription. The undersigned agrees to purchase from Hotchkis and Wiley Variable ▇▇▇▇▇ ▇▇▇▇▇▇ Investment Trust (the "FundTrust") the number of shares (the "Shares") of the Trust's ▇▇▇▇▇ ▇▇▇▇▇▇ CorePortfolio Fund portfolio (the "CorePortfolio Fund"), without par value, set forth at the end of this Agreement on the terms and conditions set forth herein and in the Preliminary Prospectus ("Preliminary Prospectus") described below, and hereby tenders the amount of the price required to purchase these Shares shares at the a price set forth at the end of this Agreement$10.00 per share. The undersigned understands that the Fund Trust has prepared a filed an amendment to its registration statement and an amendment thereto for filing with the Securities and Exchange Commission on Form N-1A, which contains the Preliminary Prospectus which describes describing the Fund Trust and the Shares. By its signature hereto, the undersigned hereby acknowledges receipt of a copy of the Preliminary Prospectus. The undersigned recognizes that the Fund Trust will not be fully operational until such time as it commences the public offering of its shares. Accordingly, a number of features of the Fund Trust described in the Preliminary Prospectus, including including, without limitation, the declaration and payment of dividends, and redemption of shares upon request of shareholders, are not, in fact, in existence at the present time and will not be instituted until the FundTrust's registration statement under the Securities Act of 1933 is made effective.

Share Subscription. The undersigned agrees to purchase from Hotchkis and Wiley Variable Trust KEMP▇▇ ▇▇▇OPE FUND (the "Fund") the number of shares (the "Shares") without par value, set forth at the end of this Agreement on the terms and conditions set forth herein and in the Preliminary Prospectus ("Preliminary Prospectus") described below, and hereby tenders the amount of the price required to purchase these Shares at the price set forth at the end of this Agreement. The undersigned understands that the Fund has prepared a registration statement and or an amendment thereto for filing with the Securities and Exchange Commission on Form N-1A, which contains the Preliminary Prospectus which describes the Fund and the Shares. By its signature hereto, the undersigned hereby acknowledges receipt of a copy of the Preliminary Prospectus. The undersigned recognizes that the Fund will not be fully operational until such time as it commences the public offering of its shares. Accordingly, a number of features of the Fund described in the Preliminary Prospectus, including including, without limitation, the declaration and payment of dividends, and redemption of shares upon request of shareholders, are not, in fact, in existence at the present time and will not be instituted until the Fund's registration statement under the Securities Act of 1933 is made effective.

Share Subscription. The undersigned agrees to purchase from Hotchkis and Wiley Variable ▇▇▇▇▇ ▇▇▇▇▇▇ Investment Trust (the "FundTrust") the number of shares (the "Shares") of the Trust's ▇▇▇▇▇ ▇▇▇▇▇▇ Money Market portfolio (the "Money Market Fund"), without par value, set forth at the end of this Agreement on the terms and conditions set forth herein and in the Preliminary Prospectus ("Preliminary Prospectus") described below, and hereby tenders the amount of the price required to purchase these Shares shares at the a price set forth at the end of this Agreement$1.00 per share. The undersigned understands that the Fund Trust has prepared a filed an amendment to its registration statement and an amendment thereto for filing with the Securities and Exchange Commission on Form N-1A, which contains the Preliminary Prospectus which describes the Fund Trust and the Shares. By its signature hereto, the undersigned hereby acknowledges receipt of a copy of the Preliminary Prospectus. The undersigned recognizes that the Fund Trust will not be fully operational until such time as it commences the public offering of its shares. Accordingly, a number of features of the Fund Trust described in the Preliminary Prospectus, including including, without limitation, the declaration and payment of dividends, and redemption of shares upon request of shareholders, are not, in fact, in existence at the present time and will not be instituted until the FundTrust's registration statement under the Securities Act of 1933 is made effective.

Share Subscription. The undersigned agrees to purchase from Hotchkis and Wiley Variable Trust KEMP▇▇ ▇▇▇NTITATIVE EQUITY FUND (the "Fund") the number of shares (the "Shares") without par value, set forth at the end of this Agreement on the terms and conditions set forth herein and in the Preliminary Prospectus ("Preliminary Prospectus") described below, and hereby tenders the amount of the price required to purchase these Shares at the price set forth at the end of this Agreement. The undersigned understands that the Fund has prepared a registration statement and or an amendment thereto for filing with the Securities and Exchange Commission on Form N-1A, which contains the Preliminary Prospectus which describes the Fund and the Shares. By its signature hereto, the undersigned hereby acknowledges receipt of a copy of the Preliminary Prospectus. The undersigned recognizes that the Fund will not be fully operational until such time as it commences the public offering of its shares. Accordingly, a number of features of the Fund described in the Preliminary Prospectus, including including, without limitation, the declaration and payment of dividends, and redemption of shares upon request of shareholders, are not, in fact, in existence at the present time and will not be instituted until the Fund's registration statement under the Securities Act of 1933 is made effective.

Share Subscription. The undersigned agrees to purchase from Hotchkis and Wiley Variable Trust KEMP▇▇ ▇▇▇UE PLUS GROWTH FUND (the "Fund") the number of shares (the "Shares") without par value, set forth at the end of this Agreement on the terms and conditions set forth herein and in the Preliminary Prospectus ("Preliminary Prospectus") described below, and hereby tenders the amount of the price required to purchase these Shares at the price set forth at the end of this Agreement. The undersigned understands that the Fund has prepared a registration statement and or an amendment thereto for filing with the Securities and Exchange Commission on Form N-1A, which contains the Preliminary Prospectus which describes the Fund and the Shares. By its signature hereto, the undersigned hereby acknowledges receipt of a copy of the Preliminary Prospectus. The undersigned recognizes that the Fund will not be fully operational until such time as it commences the public offering of its shares. Accordingly, a number of features of the Fund described in the Preliminary Prospectus, including including, without limitation, the declaration and payment of dividends, and redemption of shares upon request of shareholders, are not, in fact, in existence at the present time and will not be instituted until the Fund's registration statement under the Securities Act of 1933 is made effective.

Share Subscription. The undersigned agrees to purchase from Hotchkis and Wiley Variable Trust KEMP▇▇ ▇▇▇IZON FUND (the "Fund") the number of shares (the "Shares") without par value, set forth at the end of this Agreement on the terms and conditions set forth herein and in the Preliminary Prospectus ("Preliminary Prospectus") described below, and hereby tenders the amount of the price required to purchase these Shares at the price set forth at the end of this Agreement. The undersigned understands that the Fund has prepared a registration statement and or an amendment thereto for filing with the Securities and Exchange Commission on Form N-1A, which contains the Preliminary Prospectus which describes the Fund and the Shares. By its signature hereto, the undersigned hereby acknowledges receipt of a copy of the Preliminary Prospectus. The undersigned recognizes that the Fund will not be fully operational until such time as it commences the public offering of its shares. Accordingly, a number of features of the Fund described in the Preliminary Prospectus, including including, without limitation, the declaration and payment of dividends, and redemption of shares upon request of shareholders, are not, in fact, in existence at the present time and will not be instituted until the Fund's registration statement under the Securities Act of 1933 is made effective.

Share Subscription. The undersigned agrees to purchase from Hotchkis and Wiley Variable Trust Kemp▇▇ ▇▇▇ressive Growth Fund (the "Fund") the number of shares (the "Shares") without par value, set forth at the end of this Agreement on the terms and conditions set forth herein and in the Preliminary Prospectus ("Preliminary Prospectus") described below, and hereby tenders the amount of the price required to purchase these Shares at the price set forth at the end of this Agreement. The undersigned understands that the Fund has prepared a registration statement and or an amendment thereto for filing with the Securities and Exchange Commission on Form N-1A, which contains the Preliminary Prospectus which describes the Fund and the Shares. By its signature hereto, the undersigned hereby acknowledges receipt of a copy of the Preliminary Prospectus. The undersigned recognizes that the Fund will not be fully operational until such time as it commences the public offering of its shares. Accordingly, a number of features of the Fund described in the Preliminary Prospectus, including including, without limitation, the declaration and payment of dividends, and redemption of shares upon request of shareholders, are not, in fact, in existence at the present time and will not be instituted until the Fund's registration statement under the Securities Act of 1933 is made effective.

Share Subscription. The undersigned agrees to purchase from Hotchkis and Wiley Variable Trust Zurich YieldWise Money Fund (the "Fund") the number of shares (the "Shares") without par value, set forth at the end of this Agreement on the terms and conditions set forth herein and in the Preliminary Prospectus ("Preliminary Prospectus") described below, and hereby tenders the amount of the price required to purchase these Shares at the price set forth at the end of this Agreement. The undersigned understands that the Fund has prepared a registration statement and or an amendment thereto for filing with the Securities and Exchange Commission on Form N-1A, which contains the Preliminary Prospectus which describes the Fund and the Shares. By its signature hereto, the undersigned hereby acknowledges receipt of a copy of the Preliminary Prospectus. The undersigned recognizes that the Fund will not be fully operational until such time as it commences the public offering of its shares. Accordingly, a number of features of the Fund described in the Preliminary Prospectus, including including, without limitation, the declaration and payment of dividends, and redemption of shares upon request of shareholders, are not, in fact, in existence at the present time and will not be instituted until the Fund's registration statement under the Securities Act of 1933 is made effective.