Common use of Liability of Third Persons Dealing with Trustees Clause in Contracts

Liability of Third Persons Dealing with Trustees. 20 2. Termination of Trust or Series 20 3. Merger and Consolidation 20 4. Amendments 21 5. Filing of Copies, References, Headings 21 6. Applicable Law 22 7. Provisions in Conflict with Law or Regulations 22 8. Business Trust Only 22 9. Use of the Name "Franklin" 23 AGREEMENT AND DECLARATION OF TRUST OF FRANKLIN INTERNATIONAL TRUST

Liability of Third Persons Dealing with Trustees. 20 26 Section 2. Termination Dissolution of Trust or Series 20 26 Section 3. Merger and Consolidation 20 Consolidation; Conversion 26 Section 4. Reorganization 27 Section 5. Amendments 21 527 Section 6. Filing of Copies, References, Headings 21 628 Section 7. Applicable Law 22 728 Section 8. Provisions in Conflict with Law or Regulations 22 828 Section 9. Business Statutory Trust Only 22 929 Section 10. Use of the Name "Franklin" 23 Fiscal Year 29 AGREEMENT AND DECLARATION OF TRUST OF FRANKLIN INTERNATIONAL TRUSTOF

Liability of Third Persons Dealing with Trustees. 20 2. 16 Section 8.2 Termination of the Trust or Any Series 20 3. Merger or Class 16 Section 8.3 Reorganization and Consolidation 20 4. Master/Feeder 16 Section 8.4 Amendments 21 5. 17 Section 8.5 Filing of Copies, References, Headings 21 6. Headings, Rules of Construction 18 Section 8.6 Applicable Law 22 7. 18 Section 8.7 Provisions in Conflict with Law or Regulations 22 8. Business 19 Section 8.8 Statutory Trust Only 22 9. Use 19 Section 8.9 Derivative Actions 19 Section 8.10 Inspection of the Name "Franklin" 23 AGREEMENT AND DECLARATION OF TRUST OF FRANKLIN INTERNATIONAL TRUSTRecords and Reports 19

Liability of Third Persons Dealing with Trustees. 20 28 Section 2. Termination Dissolution of Trust or Series 20 Series. 28 Section 3. Merger and Consolidation; Conversion. 28 (a) Merger and Consolidation 20 29 (b) Conversion. 29 Section 4. Amendments 21 Reorganization. 29 Section 5. Amendments. 30 Section 6. Filing of Copies, References, Headings 21 6Headings. 30 Section 7. Applicable Law 22 7Law. 31 Section 8. Provisions in Conflict with Law or Regulations 22 8Regulations. Business Trust Only 22 31 Section 9. Use of the Name "Franklin" 23 Statutory Trust Only. 31 Section 10. Fiscal Year. 31 AGREEMENT AND DECLARATION OF TRUST OF FRANKLIN INTERNATIONAL TRUSTOF

Liability of Third Persons Dealing with Trustees. 20 16 Section 2. Termination of Trust or Series 20 Series. 16 Section 3. Merger and Consolidation 20 Consolidation. 17 Section 4. Amendments 21 Amendments. 17 Section 5. Filing of Copies, References, Headings 21 Headings. 17 Section 6. Applicable Law 22 Law. 18 Section 7. Provisions in Conflict with Law or Regulations 22 Regulations. 18 Section 8. Business Trust Only 22 9Not a Partnership. Use of the Name "Franklin" 23 18 AGREEMENT AND DECLARATION OF TRUST OF FRANKLIN INTERNATIONAL TRUSTManaged Portfolio Series