Exhibit ▇.▇
▇▇▇▇▇▇▇ INVESTMENT TRUST
SUBSCRIPTION AGREEMENT
1. The undersigned agrees to purchase from Calamos Investment Trust
(the "Trust") the number of shares (the "Shares") of the Fund's Calamos Blue
Chip Fund (the "Fund"), without par value, set forth at the end of this
Agreement on the terms and conditions set forth herein and in the Preliminary
Prospectus ("Preliminary Prospectus") described below, and hereby tenders the
amount of the price required to purchase these Shares at the price set forth at
the end of this Agreement. The undersigned understands that the Trust has
prepared a registration statement or an amendment thereto for filing with the
Securities and Exchange Commission on Form N-1A, which contains the Preliminary
Prospectus which describes the Trust, the Fund and the Shares. By its signature
hereto, the undersigned hereby acknowledges receipt of a copy of the Preliminary
Prospectus. The undersigned recognizes that the Fund will not be fully
operational until such time as it commences the public offering of its shares.
Accordingly, a number of features of the Fund described in the Preliminary
Prospectus, including, without limitation, the declaration and payment of
dividends, and redemption of shares upon request of shareholders, are not, in
fact, in existence at the present time and will not be instituted until the
Fund's registration under the Securities Act of 1933 is made effective.
2. The undersigned hereby represents and warrants as follows:
(a) It is aware that no Federal or state agency has made any
findings or determination as to the fairness for investment,
nor any recommendation or endorsement, of the Shares;
(b) It has such knowledge and experience of financial and business
matters as will enable it to utilize the information made
available to it in connection with the offering of the Shares,
to evaluate the merits and risks of the prospective investment
and to make an informed investment decision;
(c) It recognizes that the Fund has no financial or operating
history and, further, that investment in the Fund involves
certain risks, and it has taken full cognizance of and
understands all of the risks related to the purchase of the
Shares, and it acknowledges that it has suitable financial
resources and anticipated income to bear the economic risk of
such an investment;
(d) It is purchasing the Shares for its own account, for
investment, and not with any present intention of redemption,
distribution, or resale of the Shares, either in whole or in
part;
(e) It will not sell the Shares purchased by it without
registration of the Shares under the Securities Act of 1933
or exemption therefrom;
(f) This Agreement and the Preliminary Prospectus and such
material documents relating to the Fund as it has requested
have been provided to it by the Trust and have been reviewed
carefully by it; and
(g) It has also had the opportunity to ask questions of, and
receive answers from, representatives of the Trust concerning
the Fund and the terms of the offering.
3. The undersigned recognizes that the Trust reserves the
unrestricted right to reject or limit any subscription and to
close the offer at any time.
Number of Shares of the Fund: 30,000 Class A shares at a subscription
price of $10.00 per share, 30,000 Class B shares at a subscription price of
$10.00 per share, 30,000 Class C shares at a subscription price of $10.00 per
share and 10,000 Class I shares at a subscription price of $10.00 per share for
an aggregate price of $1,000,000 for the Calamos Blue Chip Fund.
IN WITNESS WHEREOF, the undersigned has executed this instrument this
24th day of September, 2003.
CALAMOS ASSET MANAGEMENT, INC.
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇.
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▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇.,
Executive Vice President, General
Counsel and Secretary
