EXHIBIT L(16)
FORM OF
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PURCHASE AGREEMENT
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Northern Funds (the "Trust"), a Delaware business trust, and ______________
hereby agree as follows:
1. The Trust hereby offers ________________, and ________________ hereby
purchases, ______ shares of the Trust's Large Cap Value Fund (the "Share") at
$10.00 per Share. The Trust hereby acknowledges receipt from ________________ of
funds in full payment for the foregoing Share.
2. ________________ represents and warrants to the Trust that the
foregoing 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 August 2, 2000.
NORTHERN FUNDS
By:
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