0001379491-14-001407 Sample Contracts

FRANKLIN TEMPLETON INVESTOR SERVICES, LLC AMENDED AND RESTATED
Transfer Agent and Shareholder Services Agreement • December 24th, 2014 • Templeton Funds • California

The parties to this Agreement are the Investment Company named above ("Investment Company"), an open-end investment company registered as such under the Investment Company Act of 1940 ("1940 Act"), on behalf of each class of shares of each series of the Investment Company which now exists or may hereafter be created (individually, a "Fund" and collectively, the "Funds") and FRANKLIN TEMPLETON INVESTOR SERVICES, LLC ("FTIS"), a registered transfer agent formerly known as Franklin Administrative Services, Inc. This Agreement supersedes prior Shareholder Services Agreements between the parties, as stated below in section 16(d).

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SUBCONTRACT FOR FUND ADMINISTRATIVE SERVICES
Subcontract For • December 24th, 2014 • Templeton Funds • California

This Subcontract, dated as of July 1, 2014, is between Templeton Global Advisors Limited (the “Investment Manager”), and Franklin Templeton Services, LLC (“Administrator”).

AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • December 24th, 2014 • Templeton Funds

AGREEMENT made as of July 1, 2014, between TEMPLETON FUNDS (hereinafter referred to as the "Trust"), on behalf of Templeton Foreign Fund ("Foreign Fund"), and TEMPLETON GLOBAL ADVISORS LIMITED, a U.S. registered investment adviser and a Bahamian corporation (hereinafter referred to as the "Manager”), and amends and restates the prior Investment Management Agreement between the Trust, on behalf of the Foreign Fund, and the Manager dated as of January 1, 2008.

AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • December 24th, 2014 • Templeton Funds

AGREEMENT made as of July 1, 2014, between TEMPLETON FUNDS (hereinafter referred to as the "Trust"), on behalf of Templeton World Fund ("World Fund"), and TEMPLETON GLOBAL ADVISORS LIMITED, a U.S. registered investment adviser and a Bahamian corporation (hereinafter referred to as the "Manager"), and amends and restates the prior Investment Management Agreement between the Trust, on behalf of the World Fund, and the Manager dated as of January 1, 2008.

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