Common use of Share Subscription Clause in Contracts

Share Subscription. The undersigned agrees to purchase from High Yield Fund (the "Fund") the number of shares (the "Shares") of the Fund's High Yield Opportunity Fund (the "Portfolio"), 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 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, the Portfolio and the Shares. By its signature hereto, the undersigned hereby acknowledges receipt of a copy of the Preliminary Prospectus. The undersigned recognizes that the Portfolio will not be fully operational until such time as it commences the public offering of its shares. Accordingly, a number of features of the Portfolio 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 Portfolio's registration under the Securities Act of 1933 is made effective.

Share Subscription. The undersigned undersigned, on behalf of its KILICO Variable Separate Account, agrees to purchase from High Yield Kemp▇▇ ▇▇▇estors Fund (the "Fund") the number of shares (the "Shares") of the Fund's Money Market Portfolio, Total Return Portfolio, High Yield Opportunity Fund (the "Portfolio"), Equity Portfolio and Investment Securities Portfolio, 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 has prepared a registration statement 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, the Portfolio 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 Portfolio 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 Portfolio 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 PortfolioFund's registration under the Securities Act of 1933 is made effective.. 2

Share Subscription. The undersigned agrees to purchase from High Yield Fund KEMP▇▇ ▇▇▇ESTORS FUND (the "Fund") the number of shares (the "Shares") of the Fund's High Yield Opportunity Fund Blue Chip and Global Income Portfolios (the "PortfolioPortfolios"), 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 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, the Portfolio Portfolios and the Shares. By its signature hereto, the undersigned hereby acknowledges receipt of a copy of the Preliminary Prospectus. The undersigned recognizes that the Portfolio Portfolios will not be fully operational until such time as it commences they commence the public offering of its their shares. Accordingly, a number of features of the Portfolio Portfolios 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 PortfolioFund's registration under the Securities Act of 1933 is made effective.

Share Subscription. The undersigned agrees to purchase from High Yield Kemp▇▇ ▇▇▇get Equity Fund (the "Fund") the number of shares (the "Shares") of the Fund's High Yield Opportunity series of the Fund known as Kemp▇▇ ▇▇▇irement Fund Series VII (the "Portfolio"), 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 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, the Portfolio and the Shares. By its signature hereto, the undersigned hereby acknowledges receipt of a copy of the Preliminary Prospectus. The undersigned recognizes that the Portfolio will not be fully operational until such time as it commences the public offering of its shares. Accordingly, a number of features of the Portfolio 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 Portfolio's registration under the Securities Act of 1933 is made effective.

Share Subscription. The undersigned agrees to purchase from High Yield Investors Municipal Cash Fund (the "Fund") the number of shares (the "Shares") of the Fund's High Yield Opportunity Investors Michigan Municipal Cash Fund (the "Portfolio"), 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 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, the Portfolio Portfolios and the Shares. By its signature hereto, the undersigned hereby acknowledges receipt of a copy of the Preliminary Prospectus. The undersigned recognizes that the Portfolio will not be fully operational until such time as it commences the public offering of its shares. Accordingly, a number of features of the Portfolio 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 Portfolio's registration under the Securities Act of 1933 is made effective.

Share Subscription. The undersigned agrees to purchase from High Yield Tax-Exempt New York Money Market Fund (the "Fund") the number of shares (the "Shares") of the Fund's High Yield Opportunity Investors Florida Municipal Cash Fund, Investors New Jersey Municipal Cash Fund, and Investors Pennsylvania Municipal Cash Fund (the "PortfolioPortfolios"), 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 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, the Portfolio Portfolios and the Shares. By its signature hereto, the undersigned hereby acknowledges receipt of a copy of the Preliminary Prospectus. The undersigned recognizes that the Portfolio Portfolios will not be fully operational until such time as it commences the public offering of its shares. Accordingly, a number of features of the Portfolio Portfolios 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 Portfolio's Portfolios registration under the Securities Act of 1933 is made effective.