0001193125-06-180012 Sample Contracts

SUBADVISORY AGREEMENT
Subadvisory Agreement • August 25th, 2006 • Legg Mason Partners Investment Funds, Inc. • New York

This SUBADVISORY AGREEMENT (“Agreement”) is made this 1st day of August, 2006, by and between Legg Mason Partners Fund Advisor, LLC, a Delaware limited liability company (the “Manager”), and Western Asset Management Company, a California corporation (the “Subadviser”).

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MANAGEMENT AGREEMENT Legg Mason Partners Fund Advisor, LLC
Management Agreement • August 25th, 2006 • Legg Mason Partners Investment Funds, Inc. • New York

This MANAGEMENT AGREEMENT (“Agreement”) is made this 1st day of August, 2006, by and between Legg Mason Partners Investment Funds, Inc. (the “Corporation”) and Legg Mason Partners Fund Advisor, LLC, a Delaware limited liability company (the “Manager”).

SUBADVISORY AGREEMENT Legg Mason Partners Investment Funds, Inc.— Legg Mason Partners Multiple Discipline Funds All Cap and International
Subadvisory Agreement • August 25th, 2006 • Legg Mason Partners Investment Funds, Inc. • New York

THIS AGREEMENT is made this 1st day of August, 2006 between Legg Mason Partners Fund Advisor, LLC (the “Manager”), a limited liability company organized under the laws of the State of Delaware, and Causeway Capital Management LLC (the “Subadviser”), a limited liability company organized under the laws of the State of Delaware.

SUBADVISORY AGREEMENT Legg Mason Partners Investment Funds, Inc. Legg Mason Partners Hansberger Global Value Fund August 1, 2006 Hansberger Global Investors, Inc. Suite 1700 Fort Lauderdale, Florida 33301
Subadvisory Agreement • August 25th, 2006 • Legg Mason Partners Investment Funds, Inc. • Maryland

Legg Mason Partners Investment Funds, Inc. (f/k/a Smith Barney Investment Funds Inc.) (the “Company”), a corporation organized under the laws of the State of Maryland, on behalf of the Legg Mason Partners Hansberger Global Value Fund (f/k/a Smith Barney Hansberger Global Value Fund) (the “Fund”) and Legg Mason Partners Fund Advisor, LLC, a Delaware limited liability company (the “Manager”), each confirms its agreement with Hansberger Global Investors, Inc. (the “Sub-Adviser”), as follows:

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