STONE RIDGE LONGEVITY RISK PREMIUM FIXED INCOME FUNDS SUBSCRIPTION AGREEMENT FOR SEED CAPITAL
Exhibit (p)
STONE RIDGE LONGEVITY RISK PREMIUM FIXED INCOME FUNDS
FOR SEED CAPITAL
This Subscription Agreement for Seed Capital (the “Agreement”) is made as of the 10th day of February, 2020 between Stone Ridge Asset Management LLC, a Delaware limited liability company (“Stone Ridge”), and each of the trusts listed on Schedule A attached hereto, as may be amended from time to time, each a Delaware statutory trust (each, a “Trust”), on behalf of its corresponding series listed on Schedule A attached hereto (each, a “Fund”).
WHEREAS, each Fund wishes to sell to Stone Ridge, and Stone Ridge wishes to purchase from each Fund, 10,000 common shares of beneficial interest, $0.01 par value per share, of each Fund, at a purchase price of $10.00 per share, (collectively, the “Shares”); and
WHEREAS, Stone Ridge is purchasing the Shares for the purpose of providing the initial capitalization of each Fund as required by Section 14(a)(1) of the Investment Company Act of 1940, as amended, in order for each Fund to conduct a public offering of its shares;
NOW, THEREFORE, the parties hereto agree as follows:
| 1. | Simultaneously with the execution of this Agreement, Stone Ridge shall tender to each Fund the amount of $100,000 in full payment for the Shares, receipt of which is hereby acknowledged by each Trust on behalf of its corresponding Fund; and |
| 2. | Stone Ridge agrees that it is purchasing the Shares for investment purposes and has no present intention of redeeming or reselling the Shares. |
Executed as of the date first set forth above.
| STONE RIDGE ASSET MANAGEMENT LLC | ||
| By: |
/s/ Xxxx Xxxxxxx | |
| Name: |
Xxxx Xxxxxxx | |
| Title: |
President | |
| ON BEHALF OF EACH TRUST LISTED ON SCHEDULE A ATTACHED HERETO, SOLELY ON BEHALF OF ITS CORRESPONDING FUND | ||
| By: |
/s/ Xxxxxx Xxxxxxx | |
| Name: |
Xxxxxx Xxxxxxx | |
| Title: |
Secretary | |
Schedule A
| Trust | Fund | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 65F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 65F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 65M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 65M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 66F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 66F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 66M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 66M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 67F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 67F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 67M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 67M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 68F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 68F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 68M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 68M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 69F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 69F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 69M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 69M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 70F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 70F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 70M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 70M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 71F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 71F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 71M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 71M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 72F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 72F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 72M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 72M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 73F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 73F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 73M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 73M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 74F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 74F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 74M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 74M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 75F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 75F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 75M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 75M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 76F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 76F |
| Trust | Fund | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 76M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 76M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 77F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 77F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 77M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 77M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 78F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 78F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 78M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 78M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 79F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 79F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 79M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 79M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 80F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 80F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 80M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 80M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 81F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 81F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 81M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 81M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 82F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 82F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 82M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 82M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 83F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 83F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 83M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 83M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 84F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 84F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 84M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 84M | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 85F | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 85F | |
| Stone Ridge Longevity Risk Premium Fixed Income Trust 85M | Stone Ridge Longevity Risk Premium Fixed Income Fund 2045 85M |
