Master Custodian AgreementMaster Custodian Agreement • May 14th, 2021 • Putnam ETF Trust • Massachusetts
This Agreement is made as of January 1, 2007 by and among each management investment company identified on Appendix A hereto, each such investment company acting on its own behalf separately from all of the other investment companies and not jointly or jointly and severally with any of the other investment companies (each such investment company and each management investment company made subject to this Agreement in accordance with Section 21.5 below shall hereinafter be referred to as a “Fund”), and State Street Bank and Trust Company, a Massachusetts trust company (the “Custodian”).
Amended and Restated Agreement and Declaration of Trust of Putnam ETF Trust a Delaware Statutory Trust Principal Place of Business: 100 Federal Street Boston, MA 02110Agreement and Declaration of Trust • May 14th, 2021 • Putnam ETF Trust
THIS FIRST AMENDED AND RESTATED AGREEMENT AND DECLARATION OF TRUST (this “Declaration of Trust”) is made as of April 20, 2021 for the purpose of continuing the Trust as a Delaware statutory trust in accordance with the provisions hereinafter set forth.
ETF DISTRIBUTION AGREEMENTEtf Distribution Agreement • May 14th, 2021 • Putnam ETF Trust • Delaware
This Distribution Agreement (the “Agreement”) is made this 20th day of April, 2021, by and between Putnam ETF Trust, a Delaware statutory trust (the “Trust”) having its principal place of business at 100 Federal Street, Boston, MA 02110, and Foreside Fund Services, LLC, a Delaware limited liability company (the “Distributor”) having its principal place of business at Three Canal Plaza, Suite 100, Portland, ME 04101.
TRANSFER AGENCY AND SERVICE AGREEMENTTransfer Agency and Service Agreement • May 14th, 2021 • Putnam ETF Trust • Massachusetts
THIS TRANSFER AGENCY AND SERVICE AGREEMENT (this “Agreement”) is made as of the 1st day of April, 2021, by and between STATE STREET BANK AND TRUST COMPANY, a Massachusetts trust company having its principal office and place of business at One Lincoln Street, Boston, Massachusetts 02111 (“State Street” or the “Transfer Agent”), and PUTNAM ETF TRUST, a Delaware statutory trust having its principal office and place of business at 100 Federal Street, Boston, MA 02110 (the “Trust”).
FORM OF AUTHORIZED PARTICIPANT AGREEMENT PUTNAM ETF TRUSTAuthorized Participant Agreement • December 28th, 2021 • Putnam ETF Trust • New York
This Authorized Participant Agreement (the “Agreement”) is entered into by and between Foreside Fund Services, LLC (the “Distributor”) and __________ (the “Participant”) and is subject to acceptance by State Street Bank and Trust Company (the “Transfer Agent”) as transfer agent for Putnam ETF Trust (the “Trust”), a series trust offering a number of portfolios of securities (each a “Fund” and collectively the “Funds”). Capitalized terms used but not defined herein are defined in the current prospectus for each Fund as it may be supplemented or amended from time to time, and included in the Trust’s Registration Statement on Form N-1A, as it may be amended from time to time, or otherwise filed with the U.S. Securities and Exchange Commission (“SEC”) (together with such Fund’s Statement of Additional Information incorporated therein, the “Prospectus”).
PUTNAM ETF TRUST MANAGEMENT CONTRACTPutnam Etf Trust Management Contract • August 24th, 2023 • Putnam ETF Trust
AMENDMENT TO MASTER CUSTODIAN AGREEMENTMaster Custodian Agreement • May 23rd, 2022 • Putnam ETF Trust
This Amendment to Master Custodian Agreement (“Amendment”) is made as of June 25, 2021, by and between each management investment company party thereto (each, a “Fund” and collectively, the “Funds,” and each series of a Fund, a “Portfolio”), each severally and not jointly, and State Street Bank and Trust Company (the “Custodian”).
PUTNAM FUNDS AMENDED AND RESTATED SUB-MANAGEMENT CONTRACTPutnam Funds • January 18th, 2023 • Putnam ETF Trust
This amended and restated Sub-Management Contract is dated as of January 18, 2023 between PUTNAM INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company (the “Manager”) and PUTNAM INVESTMENTS LIMITED, a company organized under the laws of England and Wales (the “Sub-Manager”).
RE: Second Amendment to Putnam Funds Amended and Restated Uncommitted Line of Credit Ladies and Gentlemen:Putnam ETF Trust • December 28th, 2021
Pursuant to an amended and restated letter agreement dated as of September 24, 2015 (as amended from time to time, the “Loan Agreement”) among State Street Bank and Trust Company (the “Bank”) and each of the management investment companies registered under the Investment Company Act listed on Appendix I attached thereto (each, a “Borrower”), the Bank has made available to each of the Borrowers, for itself or on behalf of designated fund series thereof, a $235,500,000 uncommitted, unsecured line of credit (the “Uncommitted Line”). The obligations of the Borrowers arising under the Uncommitted Line are evidenced by an amended and restated promissory note in the original principal amount of $235,500,000, dated September 24, 2015, executed by each of the Borrowers, for itself or on behalf of such designated fund series thereof, in favor of the Bank (as amended, the “Note”). Any capitalized term not otherwise defined herein shall have the same meaning as set forth in the Loan Agreement.
PUTNAM FUNDS SUBADVISORY AgreementPutnam Funds Subadvisory Agreement • January 18th, 2023 • Putnam ETF Trust
This Subadvisory Agreement between PUTNAM INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company (the “Adviser”) and PANAGORA ASSET MANAGEMENT, INC., a Delaware corporation (the “Subadviser”) is dated as of January 18, 2023.
April 1, 2021Putnam ETF Trust • May 14th, 2021
PUTNAM FUNDS SUB-MANAGEMENT CONTRACTPutnam Funds Sub-Management Contract • May 14th, 2021 • Putnam ETF Trust
This Sub-Management Contract is dated as of April 20, 2021 between PUTNAM INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company (the “Manager”) and PUTNAM INVESTMENTS LIMITED, a company organized under the laws of England and Wales (the “Sub-Manager”).
January 18, 2023 State Street Bank and Trust Company 200 Newport Ave North Quincy, MA 02171 Attention: Steven Bagley Jr., Managing DirectorPutnam ETF Trust • January 18th, 2023
In accordance with Section 21.5, the Additional Funds provision of the Master Custodian Agreement dated as of January 1, 2007 (as amended, the “Agreement”) between each management investment company identified on Appendix A thereto and State Street Bank and Trust Company (“State Street”), each undersigned New Putnam ETF Fund hereby requests that your bank act as its Custodian under the terms of the Agreement. In connection with such request, each New Putnam ETF Fund hereby confirms to you, as of the date hereof, its representations and warranties set forth in Section 10 of the Agreement. An updated Appendix A to the Agreement reflecting this addition is attached.
AMENDMENT NO. 5 TO CREDIT AGREEMENTCredit Agreement • December 28th, 2021 • Putnam ETF Trust • Massachusetts
AMENDMENT NO. 5 (this “Amendment”), dated as of October 18, 2019, to the Credit Agreement, dated as of September 24, 2015, among each trust listed on Schedule A hereto, the Banks and other lending institutions party thereto, and State Street Bank and Trust Company, as Agent, as amended, supplemented or otherwise modified by Joinder Agreement No. 1, dated as of August 29, 2016, Letter Agreement, dated as of August 29, 2016, Amendment No. 1, dated as of September 22, 2016, Notice Letter, dated October 5, 2016, Notice Letter, dated February 22, 2017, Notice Letter, dated April 19, 2017, Amendment No. 2, dated as of September 21, 2017, Amendment No. 3, dated as of September 20, 2018, Consent No. 1, dated as of November 30, 2018, Notice Letter, dated May 31, 2019, Consent No. 2, dated as of June 24, 2019, and Amendment No. 4, dated as of September 19, 2019 (as the same has been or may be further amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”)
GRAPHIC OMITTED: STATE STREET LOGO]Putnam ETF Trust • December 28th, 2021
Pursuant to an amended and restated letter agreement dated as of September 24, 2015 (as amended from time to time, the “Loan Agreement”) among State Street Bank and Trust Company (the “Bank”) and each of the management investment companies registered under the Investment Company Act listed on Appendix I attached thereto (each, a “Borrower”), the Bank has made available to each of the Borrowers, for itself or on behalf of designated fund series thereof, a $235,500,000 uncommitted, unsecured line of credit (the “Uncommitted Line”). The obligations of the Borrowers arising under the Uncommitted Line are evidenced by an amended and restated promissory note in the original principal amount of $235,500,000, dated September 24, 2015, executed by each of the Borrowers, for itself or on behalf of such designated fund series thereof, in favor of the Bank (as amended, the “Note”). Any capitalized term not otherwise defined herein shall have the same meaning as set forth in the Loan Agreement.
ETF Distribution AgreementEtf Distribution Agreement • September 28th, 2022 • Putnam ETF Trust
THIS ETF DISTRIBUTION AGREEMENT (“Agreement”), effective as of the closing of the Transaction (as defined below) (the “Closing Date”), is by and between Foreside Fund Services, LLC (the “Distributor”) and Putnam ETF Trust (the “Trust”).
GRAPHIC OMITTED: STATE STREET LOGO]Putnam ETF Trust • December 28th, 2021
April 13, 2021 Putnam ETF Trust (the “Trust”)Putnam ETF Trust • May 14th, 2021
FIRST AMENDMENT TO ETF DISTRIBUTION AGREEMENTEtf Distribution Agreement • September 28th, 2022 • Putnam ETF Trust • Delaware
This first amendment (“Amendment”) to the ETF Distribution Agreement (the “Agreement”) dated as of September 30, 2021 by and between Putnam ETF Trust and Foreside Fund Services, LLC (together, the “Parties”) is effective as of September 23, 2022.
AMENDMENT NO. 8 TO CREDIT AGREEMENTCredit Agreement • December 28th, 2021 • Putnam ETF Trust • Massachusetts
AMENDMENT NO. 8 (this “Amendment”), dated as of October 15, 2021, to the Credit Agreement, dated as of September 24, 2015, among each trust listed on Schedule 2 hereto, the Banks and other lending institutions party thereto, and State Street Bank and Trust Company, as Agent, as amended, supplemented or otherwise modified by Joinder Agreement No. 1, dated as of August 29, 2016, Letter Agreement, dated as of August 29, 2016, Amendment No. 1 to Credit Agreement, dated as of September 22, 2016, Notice Letter, dated October 5, 2016, Notice Letter, dated February 22, 2017, Notice Letter, dated April 19, 2017, Amendment No. 2 to Credit Agreement, dated as of September 21, 2017, Amendment No. 3 to Credit Agreement, dated as of September 20, 2018, Consent No. 1, dated as of November 30, 2018, Notice Letter, dated May 31, 2019, Consent No. 2, dated as of June 24, 2019, Amendment No. 4 to Credit Agreement, dated as of September 19, 2019, Amendment No. 5 to Credit Agreement, dated as of October 18
INDEMNIFICATION AGREEMENTIndemnification Agreement • December 28th, 2021 • Putnam ETF Trust • Delaware
This Indemnification Agreement (the “Agreement”) is made as of the date set forth on the signature page by and between Putnam ETF Trust, a Delaware statutory trust (the “Trust”), and the Trustee of the Trust whose name is set forth on the signature page (the “Trustee”).
PUTNAM ETF TRUST DISTRIBUTION PLAN AND AGREEMENT April 20, 2021Putnam Etf Trust • May 14th, 2021 • Putnam ETF Trust
This Plan and Agreement (the “Plan”) constitutes the distribution plan for the shares of the portfolio series (each a “Fund” and collectively the “Funds”) of Putnam ETF Trust, a Delaware statutory trust (the “Trust”), adopted pursuant to the provisions of Rule 12b-1 under the Investment Company Act of 1940 (the “Act”) and the related agreement (the “Agreement”) between the Trust and the Funds’ principal underwriter (the “Distributor”). During the effective term of this Plan, the Trust may incur expenses primarily intended to result in the sale of its shares upon the terms and conditions hereinafter set forth:
September 23, 2022 State Street Bank and Trust CompanyPutnam ETF Trust • September 28th, 2022
