Class R Distribution Plan and Agreement Sample Contracts

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PUTNAM INVESTMENT FUNDS AMENDED AND RESTATED CLASS R DISTRIBUTION PLAN AND AGREEMENT
Class R Distribution Plan and Agreement • March 25th, 2016 • Putnam Investment Funds

This Plan and Agreement (the "Plan") constitutes the Distribution Plan for the Class R shares of each portfolio series (each a "Fund" and collectively the "Funds") of Putnam Investment Funds, a Massachusetts business trust (the "Trust"), adopted pursuant to the provisions of Rule 12b-1 under the Investment Company Act of 1940 (the "Act") and the related agreement between the Trust and Putnam Retail Management Limited Partnership ("PRM"). During the effective term of this Plan, the Trust may make payments to PRM upon the terms and conditions hereinafter set forth:

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