Templeton Variable Products Series Fund Sample Contracts

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THE CHASE MANHATTAN BANK, N.A.
Custody Agreement • December 22nd, 1995 • Templeton Variable Products Series Fund • New York

AGREEMENT dated as of August 31, 1988, as amended and restated __________, 1996 between THE CHASE MANHATTAN BANK, N.A. ("Chase"), having its principal place of business at 1 Chase Manhattan Plaza, New York, New York 10081, and TEMPLETON VARIABLE PRODUCTS SERIES FUND, a Massachusetts business trust, (the "Trust") and an investment company registered under the Investment Company Act of 1940 ("Act of 1940"), having its principal place of business at 700 Central Avenue, St. Petersburg, Florida 33701-3628. WHEREAS, the Trust, on behalf of Templeton Money Market Fund, Templeton Bond Fund, Templeton Stock Fund, Templeton Asset Allocation Fund, Templeton International Fund and Templeton Developing Markets Fund (each a "Fund", and collectively, the "Funds"), wishes to appoint Chase as custodian to the securities and assets of each Fund and Chase is willing to act as custodian under the terms and conditions hereinafter set forth; NOW, THEREFORE, the Trust and its successors and assigns and Chase

FORM OF INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • February 13th, 1998 • Templeton Variable Products Series Fund • Florida
W I T N E S S E T H
Subadvisory Agreement • July 16th, 1999 • Templeton Variable Products Series Fund • California
FORM OF SUBADVISORY AGREEMENT
Templeton Variable Products Series Fund • July 16th, 1999 • California
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