1
EXHIBIT (L)
CALAMOS INVESTMENT TRUST
SUBSCRIPTION AGREEMENT
1. SHARES SUBSCRIPTION. The undersigned agrees to purchase from Calamos
Investment Trust (the "Trust") the number of shares (the "Shares") of the
Trust's Calamos Convertible Technology 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. REPRESENTATIONS AND WARRANTIES. 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 made 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
2
(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: Class A shares at a subscription price of
$10.00 per share, Class B shares at a subscription price of $10.00 per
share, and Class C shares at a subscription price of $10.00 per share for an
aggregate price of $ for the Calamos Convertible Technology Fund.
IN WITNESS WHEREOF, the undersigned has executed this instrument this th
day of , 2000.
CALAMOS ASSET MANAGEMENT, INC.
By:
--------------------------------
▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇.
Senior Vice President
2