0001379491-19-003530 Sample Contracts

SUBCONTRACT FOR FUND ADMINISTRATIVE SERVICES
Fund Administrative Services • July 26th, 2019 • Franklin Templeton ETF Trust • California

This Subcontract, dated as of February 1, 2019, is between Franklin Templeton Investment Management Limited (the “Investment Manager”), and Franklin Templeton Services, LLC (the “Administrator”).

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SUBADVISORY AGREEMENT FRANKLIN TEMPLETON ETF TRUST on behalf of
Subadvisory Agreement • July 26th, 2019 • Franklin Templeton ETF Trust • California

THIS SUBADVISORY AGREEMENT (the “Agreement”) is made as of January 25, 2017 by and between FRANKLIN ADVISERS, INC., a California corporation (“FAV”), and TEMPLETON ASSET MANAGEMENT LTD., a public company limited by shares incorporated in Singapore (“TAML”), with respect to Franklin Liberty International Opportunities ETF (the “Fund”), a series of Franklin Templeton ETF Trust (the “Trust”).

INDEX SUB-LICENSE AGREEMENT
Index Sub-License Agreement • July 26th, 2019 • Franklin Templeton ETF Trust

This AGREEMENT, dated August 29, 2017 by and among Franklin Templeton Companies, LLC, ( “Franklin”), and Franklin Templeton ETF Trust, a Delaware statutory trust (the “Trust”) that is registered as an open-end management investment company under the Investment Company Act of 1940, as amended (the “1940 Act”), on behalf of certain series of the Trust identified on Exhibit A, as it may be amended from time to time, (each, a “Fund” and, collectively, the “Funds”).

SUBCONTRACT FOR FUND ADMINISTRATIVE SERVICES
Fund Administrative Services • July 26th, 2019 • Franklin Templeton ETF Trust • California

This Subcontract, dated as of February 1, 2019, is between Franklin Advisers, Inc. (the “Investment Manager”), and Franklin Templeton Services, LLC (the “Administrator”).

SUBCONTRACT FOR FUND ADMINISTRATIVE SERVICES
Fund Administrative Services • July 26th, 2019 • Franklin Templeton ETF Trust • California

This Subcontract, dated as of February 1, 2019, is between Franklin Advisory Services, LLC. (the “Investment Manager”), and Franklin Templeton Services, LLC (the “Administrator”).

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • July 26th, 2019 • Franklin Templeton ETF Trust • California

THIS SUB-ADVISORY AGREEMENT (the “Agreement”), effective as of March 1, 2019, is made between FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED, incorporated under the laws of England (“FTIML”), and FRANKLIN ADVISERS, INC., a California corporation (“FAV”).

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