0001144204-10-060598 Sample Contracts

SUBSCRIPTION AGREEMENT
Subscription Agreement • November 15th, 2010 • Investment Managers Series Trust

THIS SUBSCRIPTION AGREEMENT is entered into as of the 15th day of November, 2010, between Investment Managers Series Trust, a statutory trust organized and existing under the laws of Delaware (the "Trust"), and James R. Nelson. (the "Purchaser").

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