0001144204-10-068765 Sample Contracts

SUB-ADVISORY AGREEMENT BETWEEN 361° CAPITAL, LLC AND [SUB-ADVISOR]
Sub-Advisory Agreement • December 30th, 2010 • Investment Managers Series Trust • Delaware

AGREEMENT made as of the _____________, 20__, by and between [ADVISOR NAME], a ____________ corporation with its principal office and place of business at _____________________________ (the “Advisor”) and [SUB-ADVISOR NAME], _______________ corporation with its principal office and place of business at __________________ (the “Sub-advisor”).

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INVESTMENT ADVISORY AGREEMENT BETWEEN INVESTMENT MANAGERS SERIES TRUST AND 361º CAPITAL, LLC
Investment Advisory Agreement • December 30th, 2010 • Investment Managers Series Trust • Delaware

THIS INVESTMENT ADVISORY AGREEMENT (the “Agreement”), dated as of _____________, 20__, between the 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 361º Capital, LLC, a Delaware limited partnership (the “Advisor”).

INVESTMENT MANAGERS SERIES TRUST OPERATING EXPENSES LIMITATION AGREEMENT
Operating Expenses Limitation Agreement • December 30th, 2010 • Investment Managers Series Trust • Delaware

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of ______________, 20__ 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”), a series of the Trust, and the Advisor of the Fund, 361º Capital, LLC (the “Advisor”).

SUBSCRIPTION AGREEMENT
Subscription Agreement • December 30th, 2010 • Investment Managers Series Trust

THIS SUBSCRIPTION AGREEMENT is entered into as of the 20th day of December, 2010, between Investment Managers Series Trust, a statutory trust organized and existing under the laws of Delaware (the "Trust"), and 361 Partners Absolute Return Series (the "Purchaser").

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