0001398344-14-006013 Sample Contracts

SUBSCRIPTION AGREEMENT
Subscription Agreement • November 24th, 2014 • Investment Managers Series Trust

THIS SUBSCRIPTION AGREEMENT is entered into as of the __ day of _______, 2014, between Investment Managers Series Trust, a statutory trust organized and existing under the laws of Delaware (the "Trust"), and Palmer Square Capital Management LLC. (the "Purchaser").

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