December 14, 1998
TANAKA Funds, Inc.
000 Xxxx Xxxxxx, Xxxxx 000
Xxx Xxxx, Xxx Xxxx 00000
Dear Sir/Madam:
I, Xxxxxx X. Xxxxxx, hereby accept the offer to purchase 10,000 Class R
shares of TANAKA Growth Fund, the Corporation's sole series (the "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 I have no present intention of
selling or redeeming the shares so acquired.
I further understand that any redemption of these shares by me will be
reduced by a pro rata portion of any then unamortized organization expenses of
the Fund. 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 Fund.
Sincerely,
\s\ Xxxxxx X. Xxxxxx
Xxxxxx X. Xxxxxx, CFA
Accepted:
TANAKA Funds, Inc.
By: /s/ Xxxxxxxx XxXxxx
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Xxxxxxxx XxXxxx, Vice President
