0001398344-18-006353 Sample Contracts

amended and restated INVESTMENT ADVISORY AGREEMENT BETWEEN INVESTMENT MANAGERS SERIES TRUST II AND KAIZEN ADVISORY, LLC
Investment Advisory Agreement • April 30th, 2018 • Investment Managers Series Trust II • Delaware

THIS AMENDED AND RESTATED INVESTMENT ADVISORY AGREEMENT (the “Agreement”), dated as of November 10, 2017, to the Investment Advisory Agreement dated as of July 31, 2015 (the “Initial Agreement”), is entered into by and between Investment Managers Series Trust II, 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 Kaizen Advisory, LLC, a Limited Liability Company (the “Advisor”).

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INVESTMENT MANAGERS SERIES TRUST II SECOND AMENDED AND RESTATED OPERATING EXPENSES LIMITATION AGREEMENT
Operating Expenses Limitation Agreement • April 30th, 2018 • Investment Managers Series Trust II • Delaware

THIS SECOND AMENDED AND RESTATED OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) dated as of November 10, 2017, by and between INVESTMENT MANAGERS SERIES TRUST II, 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, Kaizen Advisory, LLC (the “Advisor”).

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