0001398344-19-005692 Sample Contracts

INVESTMENT MANAGERS SERIES TRUST FIFTH AMENDED AND RESTATED OPERATING EXPENSES LIMITATION AGREEMENT
Operating Expenses Limitation Agreement • March 28th, 2019 • Investment Managers Series Trust • Delaware

THIS FIFTH AMENDED AND RESTATED OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is dated as of April 16, 2018 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 (each a “Fund”), and the investment advisor of the Funds, Zacks Investment Management, Inc. (the “Advisor”).

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Third Party Custodian] [Non-ERISA] Securities Lending Agency Agreement
Securities Lending Agency Agreement • March 28th, 2019 • Investment Managers Series Trust • New York

This agreement (“Agreement”) is dated as of ______________ 20___, between BMO Harris Bank N.A. (“Lending Agent”), and Investment Managers Series Trust (the “Trust”), on behalf of the Zacks Funds (listed on Exhibit B) and Zacks Investment Management, Inc. (collectively, the “Client”).

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