Exhibit (l)(4)
PURCHASE AGREEMENT
CORE VALUE PORTFOLIO
The Glenmede Fund, Inc., a Maryland corporation (the
"Company"), and The Glenmede Trust Company, a Pennsylvania trust Company
("Glenmede Trust"), hereby agree with each other as follows:
1. The Company hereby offers Glenmede Trust and Glenmede Trust
hereby purchases one share (the "Share") of the Company's Core Value Portfolio
for $__ per share. The Company hereby acknowledges receipt from Glenmede Trust
of funds in the total amount of $__ in full payment for such Share.
2. Glenmede Trust represents and warrants to the Company that
the Share is being acquired for investment purposes and not with a view to the
distribution thereof.
IN AGREEMENT WHEREOF, and intending to be legally bound
hereby, the parties hereto have executed this Agreement as of the ____ day of
___________________, 2000.
THE GLENMEDE FUND, INC.
ATTEST:
____________________________________ ___________________________
By: By:
Title: Title:
THE GLENMEDE TRUST COMPANY
ATTEST:
____________________________________ ___________________________
By: By:
Title: Title: