[▇▇▇▇▇▇ ▇▇▇▇▇ Funds Family Letterhead]
June 15, 1994
▇▇▇. ▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
as Trustee for the ▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Declaration of Trust dated 9/▇▇/▇▇
▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Dear ▇▇. ▇▇▇▇▇:
Lord Asset Management Trust (the "Trust") hereby accepts your offer to
purchase 10,000 shares of ▇▇▇▇▇▇ ▇▇▇▇▇ World Fund at a price of $10.00 per share
for an aggregate purchase price of $100,000. This agreement is subject to the
understanding that you have no present intention of selling or redeeming the
shares so acquired.
Any redemption of these shares by you will be reduced by a pro rata portion
of any then unamortized organization expenses of the Trust. This proration will
be calculated by dividing the number of shares to be redeemed by the aggregate
number of shares held which represent the initial capital of the Trust.
Sincerely,
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Lord Asset Management Trust
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Executive Vice President
Accepted: /s/ ▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, as Trustee
▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ as Trustee for the ▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Declaration of Trust dated 9/18/85
