0001398344-23-005253 Sample Contracts

SUB-ADVISORY AGREEMENT BETWEEN ADVISORS ASSET MANAGEMENT, INC. AND PHOCAS FINANCIAL CORPORATION
Sub-Advisory Agreement • March 1st, 2023 • Investment Managers Series Trust

THIS SUB-ADVISORY AGREEMENT (the “Agreement”) dated as of _________________, is entered into by and between Advisors Asset Management, Inc., (the “Advisor”) and Phocas Financial Corporation, a California corporation (the “Sub-advisor”).

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INVESTMENT ADVISORY AGREEMENT BETWEEN INVESTMENT MANAGERS SERIES TRUST AND Advisors Asset Management, INC.
Investment Advisory Agreement • March 1st, 2023 • Investment Managers Series Trust • Delaware

THIS INVESTMENT ADVISORY AGREEMENT (the “Agreement”), dated as of __________________, is entered into 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 Advisors Asset Management, Inc., a Delaware corporation (the “Advisor”).

INVESTMENT MANAGERS SERIES TRUST OPERATING EXPENSES LIMITATION AGREEMENT
Operating Expenses Limitation Agreement • March 1st, 2023 • Investment Managers Series Trust • Delaware

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) dated as of _________________, 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, Advisors Asset Management, Inc. (the “Advisor”).

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