EX-99.L INT CAP AGRE 12 l2subagrmtregseed-bnymetft.htm SEED CAPITAL SUBSCRIPTION AGREEMENT-2-13-2020 l2subagrmtregseed-bnymetft.htm - Generated by SEC Publisher for SEC Filing

MBC Investments Corporation              

Bellevue Corporate Center

301 Bellevue Parkway, 3rd Floor

Wilmington, Delaware 19809

 

 

February 13, 2020

 

BNY Mellon ETF Trust

240 Greenwich Street

New York, New York 10286

 

Re:       Subscription for the Purchase of Shares of Beneficial Interest of BNY Mellon ETF Trust

 

Ladies and Gentlemen:

 

MBC Investments Corporation (hereinafter, “we”) hereby subscribes to purchase shares of beneficial interest (collectively, the “Shares”) of the following series of BNY Mellon ETF Trust (the “Trust”) as follows:

 

Fund

Number of Shares

Price per Share

Aggregate Price

BNY Mellon US Mid Cap Core Equity ETF

20

$50.00

$1,000

BNY Mellon US Small Cap Core Equity ETF

20

$50.00

$1,000

BNY Mellon International Equity ETF

20

$50.00

$1,000

BNY Mellon Emerging Markets Equity ETF

20

$50.00

$1,000

BNY Mellon Core Bond ETF

20

$50.00

$1,000

BNY Mellon Short Duration Corporate Bond ETF

20

$50.00

$1,000

BNY Mellon High Yield Beta ETF

20

$50.00

$1,000

 

We will purchase the Shares in a private offering prior to the effective date of the Form N-1A registration statement filed by the Trust under the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended.

 

We consent to the filing of this letter as an exhibit to the Form N-1A registration statement of the Trust.

 

 

 

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If you agree to these terms, please acknowledge your agreement and acceptance below.

 

Sincerely,

 

/s/Paul A. Griffith         

Name:  Paul A. Griffith

Title:  Vice President, MBC Investments Corporation

 

 

Agreed and accepted as February 13, 2020:

 

 

BNY Mellon ETF Trust

 

/s/David DiPetrillo       

By:  David DiPetrillo    

Title:  President