SUBADVISORY AGREEMENTSubadvisory Agreement • February 24th, 2016 • Legg Mason Partners Equity Trust • New York
Contract Type FiledFebruary 24th, 2016 Company JurisdictionThis SUBADVISORY AGREEMENT (“Agreement”) is made this 2nd day of February, 2016, by and between Permal Asset Management, LLC (the “Manager”), the investment manager to Permal Alternative Select Fund (“Fund”), a series of the Legg Mason Partners Equity Trust (the “Trust”), a Maryland statutory trust registered as a management investment company under the Investment Company Act of 1940, as amended (the “1940 Act”), and First Quadrant, L. P., a Delaware limited partnership (the “Subadviser”).