0000897069-98-000011 Sample Contracts

SUBSCRIPTION AGREEMENT
Subscription Agreement • January 26th, 1998 • Leuthold Funds Inc

The undersigned hereby subscribes to 10,000 shares of Class A Common Stock (Leuthold Asset Allocation Fund), $0.0001 par value per share, of Leuthold Funds, Inc., in consideration for which the undersigned agrees to transfer to you upon demand cash in the amount of $100,000.

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ARTICLE I
Leuthold Funds Inc • January 26th, 1998
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