EX-99.B(l)scinitcap
AGREEMENT
▇▇▇▇▇▇▇ & ▇▇▇▇, Inc., in consideration of the issuance and sale to it by United
Small Cap Fund, Inc. (Fund) of 10,000 shares of the Fund's Class A common stock
for the total payment of $100,000.00, the receipt of which is acknowledged by
the Fund, hereby recognizes that said amount was paid to the Fund in order for
the Fund to comply with Section 14 of the Investment Company Act of 1940, and
agrees that it shall hold said shares for investment and not with a view toward
resale or requesting their redemption.
Dated this 3rd day of September, 1999.
▇▇▇▇▇▇▇ & ▇▇▇▇, INC.
By __________________________
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, President
Accepted:
UNITED SMALL CAP FUND, INC.
By __________________________
▇▇▇▇▇ ▇. ▇▇▇, Vice President
