PURCHASE AGREEMENT HIGH YIELD MUNICIPAL PORTFOLIO

Exhibit (l)(11)

PURCHASE AGREEMENT

HIGH YIELD MUNICIPAL PORTFOLIO

The Glenmede Fund, Inc., a Maryland corporation (the “Company”), and The Glenmede Corporation, a Pennsylvania corporation (“Glenmede”), hereby agree with each other as follows:

1. The Company hereby offers Glenmede and Glenmede hereby purchases one share (the “Share”) of the Company’s High Yield Municipal Portfolio for $10.00 per share. The Company hereby acknowledges receipt from Glenmede of funds in the total amount of $10.00 in full payment for such Share.

2. Glenmede 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 22^nd day of December, 2015.

 

						THE GLENMEDE FUND, INC.
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Title:		Treasurer				Title:		President
						THE GLENMEDE CORPORATION
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Title:		Treasurer				Title:		Managing Director