0000872625-15-000007 Sample Contracts

MASTER CUSTODY AGREEMENT
Master Custody Agreement • May 15th, 2015 • Franklin Strategic Series

The following is a list of the Investment Companies and their respective Series for which the Custodian shall serve under the Master Custody Agreement dated as of February 16, 1996.

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AMENDMENT TO MASTER CUSTODY AGREEMENT
Master Custody Agreement • May 15th, 2015 • Franklin Strategic Series

The following is a list of the Investment Companies and their respective Series for which the Custodian shall serve under the Amendment dated May 16, 2001 to that certain Master Custody Agreement dated as of February 16, 1996.

SUBCONTRACT FOR FUND ADMINISTRATIVE SERVICES
Subcontract For • May 15th, 2015 • Franklin Strategic Series • California

This Subcontract, dated as of May 1, 2014, is between Franklin Advisers, Inc. (the “Investment Manager”), and Franklin Templeton Services, LLC (“Administrator”).

TERMINAL LINK AGREEMENT
Terminal Link Agreement • May 15th, 2015 • Franklin Strategic Series

The following is a list of the Investment Companies and their respective Series for which the Custodian shall serve under the Master Custody Agreement dated as of February 16, 1996.

FORM OF SUB-ADVISORY AGREEMENT FRANKLIN STRATEGIC SERIES On behalf of Franklin Flexible Alpha Bond Fund
Form of Sub-Advisory Agreement • May 15th, 2015 • Franklin Strategic Series • California

THIS SUB-ADVISORY AGREEMENT made as of the [__] day of [______] 2015, by and between FRANKLIN ADVISERS, INC., a California corporation (“FAV”), and FRANKLIN TEMPLETON INSTITUTIONAL, LLC, a Delaware limited liability company (“FT Institutional”).

FRANKLIN STRATEGIC SERIES on behalf of Franklin Franklin Flexible Alpha Bond FUND FORM OF INVESTMENT MANAGEMENT AGREEMENT
Franklin Strategic Series • May 15th, 2015 • Franklin Strategic Series • California

THIS INVESTMENT MANAGEMENT AGREEMENT, dated as of [_______], 2015, is made between FRANKLIN STRATEGIC SERIES a Delaware statutory trust (the “Trust”), on behalf of FRANKLIN FLEXIBLE ALPHA BOND FUND (the “Fund”), a series of the Trust, and FRANKLIN ADVISERS, INC., a California corporation (the “Manager”).

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