SIGNATURE OF SUBSCRIBER. The Subscriber certifies that it has read the terms in this Subscription Agreement, including the Fund's Offering Memorandum, and hereby subscribes for Units of the Fund on the terms and conditions set forth in this agreement as of this day of , 20 . SIGNATURE OF AUTHORIZED REPRESENTATIVE OF THE SUBSCRIBER (1) X SIGNATURE OF AUTHORIZED REPRESENTATIVE OF THE SUBSCRIBER (2) X SCHEDULE A - CERTIFICATE OF ACCREDITED INVESTOR To be completed by the Subscriber if you checked the “Accredited Investor” box in Part 4. To : Turtle Creek Asset Management Inc. (the “Manager”) In connection with the purchase by the undersigned purchaser (the “Subscriber”) of units of Turtle Creek United States Equity Fund (the “Fund”), the Authorized Signatory on behalf of the Subscriber certifies for the benefit of the Fund and the Manager that the Subscriber is a resident of, or the purchase and sale of units to the Subscriber is otherwise subject to the securities legislation of, a province or territory of Canada and the Subscriber is (and will at the time of acceptance of this Subscription Agreement and any additional subscriptions be) an accredited investor within the meaning of National Instrument 45-106 – Prospectus Exemptions or Section 73.3 of the Securities Act (Ontario) in the category indicated below: (Please check the appropriate box. Terms in bold are defined below.) ■ (a) a person, other than an individual or investment fund, that has net assets of at least Cdn.$5,000,000 as shown on its most recently prepared financial statements, and that was not formed for the sole purpose of making a representation to this effect in order to qualify as an accredited investor,
SIGNATURE OF SUBSCRIBER. The Subscriber certifies that the Subscriber has read this Subscription Agreement and hereby offers to purchase the Subscribed Units as set out in Item 3 above for the Aggregate Subscription Price on the terms and conditions set out herein. Signature of Subscriber Date Signature of Witness Name of Witness
SIGNATURE OF SUBSCRIBER. The undersigned, by executing this Investment Agreement, offers to purchase CLASS A UNITS, CONVERTIBLE BONDS, or CLASS C UNITS on the terms provided herein and agrees to purchase the number of CLASS A UNITS, CONVERTIBLE BONDS, or CLASS C UNITS listed below, makes the representations and warranties set forth herein, and says that the statements and matters set forth in this Investment Agreement are true and correct. Please indicate whether you agree to purchase CLASS A UNITS, CONVERTIBLE BONDS, or CLASS C UNITS from ACCO. ❒ I hereby agree to purchase the following number of Class A Member Units from ACCO: Number of Shares to be purchased: ($250.00 per Unit) Total Dollar amount of Purchase: $ (Minimum $250.00, No Maximum) ❒ I hereby agree to purchase a Convertible Bond from ACCO in the following amount: Amount to be loaned: $ (Minimum $2,000, No Maximum) in $1,000 increments. Bondholders must also be a Class A Member or must purchase a minimum of one Class A Membership. ❒ I hereby agree to purchase the following number of Class C Member Units from ACCO: Number of Shares to be purchased: ($1,000.00 per Unit) Total Dollar amount of Purchase: $ (Minimum $5,000, No Maximum) ❒ Enclosed is a check in the amount of $ , or ❒ Payment was made through XXX.XxxxXxxxXxxxxxxxxxx.xxx (available for CLASS A only) representing the total amount for the CLASS A UNITS, CONVERTIBLE BONDS, or CLASS C UNITS purchased. In addition to this Subscription Agreement and payment, the undersigned must provide a W-9 form and proof of residency such as a copy of a Driver’s License. Dated: