INVESTMENT MANAGERS SERIES TRUST OPERATING EXPENSES LIMITATION AGREEMENTOperating Expenses Limitation Agreement • April 30th, 2010 • Investment Managers Series Trust • Delaware
Contract Type FiledApril 30th, 2010 Company JurisdictionTHIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of March 25, 2010, by and between INVESTMENT MANAGERS SERIES TRUST, a Delaware statutory trust (the “Trust”), on behalf of its series listed in Appendix A, as amended from time to time (the “Fund”), and W.P. Stewart & Co., Inc. (the “Advisor”).