SUBADVISORY AGREEMENTSubadvisory Agreement • November 24th, 2025 • Putnam Target Date Funds
Contract Type FiledNovember 24th, 2025 CompanyTHIS SUBADVISORY AGREEMENT made as of July 15, 2024 by and between FRANKLIN ADVISERS, INC., a corporation organized and existing under the laws of the State of California (hereinafter called “FAV”), and PUTNAM INVESTMENT MANAGEMENT, LLC, a limited liability company organized and existing under the laws of the State of Delaware (“PIM”).
SUBADVISORY AGREEMENTSubadvisory Agreement • November 24th, 2025 • Putnam Tax Free Income Trust
Contract Type FiledNovember 24th, 2025 CompanyTHIS SUBADVISORY AGREEMENT made as of July 15, 2024 by and between FRANKLIN ADVISERS, INC., a corporation organized and existing under the laws of the State of California (hereinafter called “FAV”), and PUTNAM INVESTMENT MANAGEMENT, LLC, a limited liability company organized and existing under the laws of the State of Delaware (“PIM”).