0001144204-10-064267 Sample Contracts

SUBSCRIPTION AGREEMENT
Subscription Agreement • December 1st, 2010 • Investment Managers Series Trust

THIS SUBSCRIPTION AGREEMENT is entered into as of the 1st day of December, 2010, between Investment Managers Series Trust, a statutory trust organized and existing under the laws of Delaware (the "Trust"), and Russel E. Hoss (the "Purchaser").

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SUBADVISORY AGREEMENT BETWEEN EURO PACIFIC ASSET MANAGEMENT, LLC AND EURO PACIFIC HALTER ASIA MANAGEMENT, INC.
Subadvisory Agreement • December 1st, 2010 • Investment Managers Series Trust • Delaware

AGREEMENT made as of the 1st of December, 2010, by and between Euro Pacific Asset Management, LLC., a California limited liability corporation with its principal office and place of business in California (the “Adviser”) and Euro Pacific Halter Asia Management, Inc., a Nevada corporation with its principal office and place of business in California (the “Subadviser”).

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