Exhibit (d)(10)
CALAMOS INVESTMENT TRUST
June 15, 2007
Calamos Advisors LLC
0000 Xxxxxxx Xxxxx
Xxxxxxxxxx, Xxxxxxxx 00000
Ladies and Gentlemen:
Re: Management Agreement
Pursuant to paragraph 1(b) of the Management Agreement (the "Agreement")
between Calamos Investment Trust and Calamos Advisors LLC dated December 13,
2004, as amended, we hereby notify you that the board of trustees of Calamos
Investment Trust has established an additional Sub-Trust, designated Calamos
Total Return Bond Fund ("the Fund"), and has appointed you as Manager to act as
manager and investment adviser to that Sub-Trust on the terms and conditions set
forth in the Agreement, except that the advisory fee applicable to the Fund
shall be calculated as follows:
The base fee rate shall be at the annual rate of 0.55% of the first
$500 million of the average daily net assets; 0.53% of the next $500
million of the average daily net assets; 0.51% of the next $5 billion
of the average daily net assets; 0.49% of the next $5 billion of the
average daily net assets; 0.48% of the next $5 billion of the average
daily net assets; 0.47% of the next $5 billion of the average daily
net assets; 0.46% of the next $5 billion of the average daily net
assets; 0.45% in excess of $26 billion.
Please sign below to evidence the acceptance of your appointment as Manager
for the Sub-Trust designated Calamos Total Return Bond Fund as set forth above
and in the Agreement.
Very truly yours,
CALAMOS INVESTMENT TRUST
By: /s/ Xxxxx X. Xxxxxx, Xx.
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Xxxxx X. Xxxxxx, Xx.
Secretary
Appointment as Manager for the Sub-Trust designated Calamos Total Return
Bond Fund as set forth above and in the Agreement is accepted this 15th day of
June 2007.
CALAMOS ADVISORS LCC
By: /s/ Xxxxxxx X. Xxxxxxx
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Xxxxxxx X. Xxxxxxx
Executive Vice President, Chief
Financial Officer, Chief Operating
Officer and Treasurer
