Exhibit (d)(16)
CALAMOS INVESTMENT TRUST
ORGANIZATIONAL EXPENSES AGREEMENT
CALAMOS INVESTMENT TRUST, a Massachusetts business trust (the "Trust"), and
CALAMOS ADVISORS LLC, a Delaware limited liability company ("CALAMOS ADVISORS"),
in consideration for the engagement by CALAMOS ADVISORS as the investment
adviser for the series of the Trust designated Calamos Total Return Bond Fund
(the "Fund") pursuant to a separate agreement, agree as follows:
1. ADVANCEMENT OF EXPENSES. CALAMOS ADVISORS shall pay all of the Fund's
organizational expenses, including but not limited to initial registration fees
and fees for services rendered prior to commencement of the initial public
offering of shares.
2. REIMBURSEMENT OF EXPENSES. The Fund shall reimburse CALAMOS ADVISORS for
such expenses advanced on the Fund's behalf upon receiving a request from
CALAMOS ADVISORS seeking reimbursement.
3. OBLIGATION OF THE TRUST. This agreement is executed by an officer of the
Trust on the Trust's behalf and not individually. The obligations of this
agreement with respect to the Fund are binding only upon the Fund's assets and
property and not upon the Trust's trustees, officers or shareholders
individually. The Declaration of Trust under which the Trust was organized and
operates is on file with the Secretary of the Commonwealth of Massachusetts.
Dated: June 15, 2007
CALAMOS INVESTMENT TRUST CALAMOS ADVISORS LLC
By /s/ Xxxxx X. Xxxxxx, Xx. By /s/ Xxxxxxx X. Xxxxxxx
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Name: Xxxxx X. Xxxxxx, Xx. Name: Xxxxxxx X. Xxxxxxx
Title: Secretary Title: Executive Vice President, Chief
Financial Officer, Chief
Operating Officer and Treasurer