FRANKLIN DYNAMIC MUNICIPAL BOND ETF AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENTInvestment Management Agreement • December 13th, 2022 • Franklin Templeton ETF Trust • California
THIS AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT, effective as of December 1, 2022, is made between FRANKLIN TEMPLETON ETF TRUST, a Delaware statutory trust (the “Trust”), on behalf of FRANKLIN DYNAMIC MUNICIPAL BOND ETF (the “Fund”), a series of the Trust, and FRANKLIN ADVISERS, INC., a California corporation (the “Manager”), and amends and restates the prior Investment Management Agreement between the Trust, on behalf of the Fund, and the Manager dated as of April 1, 2017.
SUB-ADVISORY AGREEMENTSub-Advisory Agreement • December 13th, 2022 • Franklin Templeton ETF Trust
THIS SUB-ADVISORY AGREEMENT (the “Agreement”), effective as of December 5, 2022, is made between FRANKLIN ADVISERS, INC., a California corporation (“FAV”), and CLEARBRIDGE INVESTMENTS (NORTH AMERICA) PTY LIMITED, an Australian proprietary limited company (“Sub-Adviser”).
Re: Distribution AgreementFranklin Templeton ETF Trust • December 13th, 2022
We, Franklin Templeton ETF Trust (the “Trust”), are a Delaware statutory trust operating as an open-end management investment company, which is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), and whose shares are registered under the Securities Act of 1933, as amended (the “1933 Act”). We desire to issue one or more series of our authorized but unissued shares of beneficial interest (the “Shares”), generally only in aggregations constituting a Creation Unit, as such term is defined in the registration statement filed from time to time by the Trust with the U.S. Securities and Exchange Commission (the “Commission”) and effective under the 1933 Act and the 1940 Act (the “Registration Statement”), only to Authorized Participants (as that term is defined in the Registration Statement) in accordance with applicable Federal and State securities laws. The Trust’s Shares may be made available in one or more separate series. Shares are anticipated to be listed
JOINDER AND AMENDMENT TO STATE STREET FUND CONNECT® AGREEMENTConnect® Agreement • December 13th, 2022 • Franklin Templeton ETF Trust
This Joinder and Amendment to the State Street Fund Connect® Agreement (the “Amendment”) is made as of September 20, 2022, (the “Effective Date”). Reference is hereby made to that certain State Street Fund Connect® Agreement, dated as of April 1, 2016 (as it has been previously amended, the “Agreement”) by and among State Street Global Markets, LLC (“State Street”), Franklin Advisers, Inc. and Franklin Advisory Services, LLC (collectively, in respect of the relevant Funds, the “Manager”) and Franklin Templeton ETF Trust (the “Trust”). The parties hereto desire to further amend the Agreement as set forth herein. Unless otherwise defined herein, all capitalized terms shall have the meanings ascribed to them in the Agreement. This Amendment shall form a part of the Agreement and the parties hereto acknowledge and agree that this Amendment shall amend the Agreement as follows:
