FORM OF AMENDMENT TO
DISTRIBUTION AGREEMENT
This [ ] amendment (the “Amendment”) to the Distribution Agreement (the “Agreement”) dated as of December 31, 2012, by and between Investment Managers Series Trust and IMST Distributors, LLC, is entered into as of December 31, 2015, (the “Effective Date”).
WHEREAS, the Client and Distributor desire to amend Exhibit A to the Agreement to correct the name of one Fund and to add two Funds; and
WHEREAS, pursuant to Section 16 of the Agreement, all amendments are required to be in writing and executed by the parties hereto.
NOW THEREFORE, for and in consideration of the mutual covenants and agreements contained herein, the Parties hereby agree as follows:
1. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Agreement.
2. Exhibit A of the Agreement is hereby deleted and replaced by Exhibit A attached hereto to add the Berwyn Fund, Berwyn Income Fund and the Berwyn Cornerstone Fund.
3. Except as expressly amended hereby, all of the provisions of the Agreement are restated and in full force and effect to the same extent as if fully set forth herein.
4. This Amendment shall be governed by and the provisions of this Amendment shall be construed and interpreted under and in accordance with the laws of the State of Delaware.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed in their names and on their behalf by and through their duly authorized officers, as of the Effective Date.
| IMST DISTRIBUTORS, LLC | INVESTMENT MANAGERS SERIES TRUST | ||||
| By: | By: | ||||
| Mark Fairbanks, President | Rita Dam, Treasurer | ||||
EXHIBIT A
As of [ ], 2016
| Funds | Effective Date |
| 361 Global Long/Short Equity Fund | June 30, 2014 |
| 361 Global Counter-Trend Fund | January 31, 2014 |
| 361 Macro Opportunity Fund | December 12, 2014 |
| 361 Managed Futures Strategy Fund | July 1, 2013 |
| AAM Select Income Fund | March 29, 2013 |
| AAM/Bahl & Gaynor Income Growth Fund | January 1, 2013 |
| AAM/HIMCO Short Duration Fund | June 30, 2014 |
| AAM/HIMCO Unconstrained Bond Fund | December 31, 2014 |
| Advisory Research All Cap Value Fund | January 1, 2013 |
| Advisory Research Emerging Markets Opportunities Fund | October 1, 2013 |
| Advisory Research Global Value Fund | January 1, 2013 |
| Advisory Research International All Cap Value Fund | January 1, 2013 |
| Advisory Research International Small Cap Value Fund | January 1, 2013 |
| Advisory Research Small Company Opportunities Fund | October 1, 2013 |
| Advisory Research Strategic Income Fund | December 31, 2012 |
| Advisory Research MLP & Energy Infrastructure Fund | July 2, 2014 |
| Advisory Research MLP & Equity Fund | August 31, 2015 |
2
| BearlyBullish Fund | January 1, 2013 |
| Aristotle Strategic Credit Fund | December 31, 2014 |
| Aristotle/Saul Global Opportunities Fund | January 1, 2013 |
| Aristotle International Equity Fund | March 31, 2014 |
| Aristotle Small Cap Equity Fund | October 30, 2015 |
| Bernzott U.S. Small Cap Value Fund | January 1, 2013 |
| Braddock Multi-Strategy Income Fund | December 31, 2015 |
| Berwyn Fund | _____________ |
| Berwyn Income Fund | _____________ |
| Berwyn Cornerstone Fund | ______________ |
| Chartwell Small Cap Value Fund | January 1, 2013 |
| Chartwell Short Duration High Yield Fund | July 9, 2014 |
| EP Emerging Markets Small Companies Fund | August 31, 2015 |
| EuroPac Gold Fund | July 19, 2013 |
| EuroPac International Bond Fund | January 1, 2013 |
| EuroPac International Dividend Income Fund | January 10, 2014 |
| EuroPac International Value Fund | January 1, 2013 |
| GaveKal KL Allocation Fund | January 1, 2013 |
| Gratry International Growth Fund | June 28, 2013 |
| Ironclad Managed Risk Fund | January 1, 2013 |
| Oak Ridge Dividend Growth Fund | June 28, 2013 |
| Oak Ridge Dynamic Small Cap Fund | September 30, 2015 |
| Oak Ridge Growth Opportunity Fund | June 28, 2013 |
3
| Oak Ridge International Small Cap Fund | September 30, 2015 |
| Oak Ridge Large Cap Growth Fund | October 17, 2014 |
| Oak Ridge Small Cap Growth Fund | October 17, 2014 |
| Oakseed Opportunity Fund | December 31, 2012 |
| Palmer Square Absolute Return Fund | January 1, 2013 |
| Palmer Square Income Plus Fund | January 31, 2014 |
| Palmer Square SSI Alternative Income Fund | January 1, 2013 |
| Palmer Square Long/Short Credit Fund | November 28, 2014 |
| LS Theta Fund | March 31, 2014 |
| Ramius Event Driven Equity Fund | September 30, 2013 |
| State Street/Ramius Managed Futures Strategy Fund | January 1, 2013 |
| Riverbridge Growth Fund | December 31, 2012 |
| Riverbridge Eco Leaders Fund | December 31, 2014 |
| RNC Genter Dividend Income Fund | January 1, 2013 |
| Robinson Opportunistic Income Fund | December 31, 2015 |
| Segall Bryant & Hamill All Cap Fund | July 26, 2013 |
| Segall Bryant & Hamill Small Cap Fund | July 26, 2013 |
| Segall Bryant & Hamill Emerging Markets Fund | October 29, 2015 |
| Segall Bryant & Hamill International Small Cap Fund | October 29, 2015 |
| SilverPepper Commodity Strategies Global Macro Fund | October 31, 2013 |
| SilverPepper Merger Arbitrage Fund | October 31, 2013 |
4
| Towle Deep Value Fund | January 1, 2013 |
| WCM Focused Emerging Market Fund | June 28, 2013 |
| WCM Focused Global Growth Fund | June 28, 2013 |
| WCM Focused International Growth Fund | January 1, 2013 |
| WCM International Small Cap Growth Fund | November 30, 2015 |
| Zacks All-Cap Core Fund | January 1, 2013 |
| Zacks Market Neutral Fund | January 1, 2013 |
| Zacks Small-Cap Core Fund | January 1, 2013 |
| Zacks Dividend Strategy Fund | January 31, 2014 |
5