AMENDMENT TO INVESTMENT MANAGEMENT AGREEMENT
AMENDMENT TO
INVESTMENT MANAGEMENT AGREEMENT
This Amendment, dated as of May 14, 2020, is to each Investment Management Agreement, as amended and/or restated to date (each, an “Agreement”), by and between each Investment Manager identified on Schedule A, each a registered investment adviser (the “Investment Manager”), and each registered investment company (each, an “Investment Company”), on behalf of itself and, as applicable, its separate series (each, a “Series”) identified opposite the Investment Manager’s name on Schedule A.
WITNESSETH:
WHEREAS, the Investment Manager and each Investment Company, on behalf of itself and, as applicable, each Series, wish to amend the applicable Agreement as provided herein; and
WHEREAS, the Board of Trustees of the Investment Company, including a majority of Trustees who are not interested persons (as defined in the Investment Company Act of 1940, as amended) of the Investment Company, approved the following amendment at a meeting on May 14, 2020.
NOW, THEREFORE, in consideration of the foregoing premises, the parties hereto agree that each Agreement is amended to include a new appropriately numbered paragraph/section, as applicable, at the end of the Agreement as follows:
Where the effect of a requirement of the 1940 Act reflected in any provision of the Agreement is revised by rule, interpretation or order of the SEC, such provision shall be deemed to incorporate the effect of such rule, interpretation or order.
[Signature page follows.]
4391269v.1
IN WITNESS WHEREOF, this Amendment has been executed on behalf of each party as of the date set forth above.
Each Investment Manager listed on Schedule A
Franklin Advisers, Inc.
By: /s/Xxxxxx X. Xxxxx
Name: Xxxxxx X. Xxxxx
Title: President
Franklin Advisory Services, LLC
By: /s/Xxxxxx X. Xxxx
Name: Xxxxxx X. Xxxx
Title: Assistant Secretary
Franklin Xxxxxxxxx Investment Management Limited
By: /s/Xxxxxx X. Xxxxxx
Name: Xxxxxx X. Xxxxxx
Title: Chief Executive Officer
Each Investment Company and, as applicable, each Series listed on Schedule A
By: /s/Xxxxxx X. Xxxx
Name: Xxxxxx X. Xxxx
Title: Vice President and Assistant Secretary
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4391269v.1
Schedule A
|
Investment Company and Series |
Investment Manager |
|
|
|
|
Franklin Liberty Short Duration U.S. Government ETF |
Franklin Advisers, Inc. |
|
Franklin Equity Portfolio Fund |
Franklin Advisers, Inc. |
|
Franklin Fixed Income Portfolio Fund |
Franklin Advisers, Inc. |
|
|
|
|
Franklin Xxxxxxxxx ETF Trust |
|
|
Franklin FTSE Asia ex Japan ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE Australia ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE Brazil ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE Canada ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE China ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE Europe ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE Europe Hedged ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE France ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE Germany ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE Hong Kong ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE India ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE Italy ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE Japan ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE Japan Hedged ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE Latin America ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE Mexico ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE Russia ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE Saudi Arabia ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE South Africa ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE South Korea ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE Switzerland ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE Taiwan ETF |
Franklin Advisory Services, LLC |
|
Franklin FTSE United Kingdom ETF |
Franklin Advisory Services, LLC |
|
Franklin Disruptive Commerce ETF |
Franklin Advisers, Inc. |
|
Franklin Genomic Advancements ETF |
Franklin Advisers, Inc. |
|
Franklin Intelligent Machines ETF |
Franklin Advisers, Inc. |
|
Franklin Liberty High Yield Corporate ETF |
Franklin Advisers, Inc. |
|
Franklin Liberty Intermediate Municipal Opportunities ETF |
Franklin Advisers, Inc. |
|
Franklin Liberty International Aggregate Bond ETF |
Franklin Xxxxxxxxx Investment Management Limited |
|
Franklin Liberty Investment Grade Corporate ETF |
Franklin Advisers, Inc. |
|
Franklin Liberty Municipal Bond ETF |
Franklin Advisers, Inc. |
|
Franklin Liberty Senior Loan ETF |
Franklin Advisers, Inc. |
|
Franklin Liberty Systematic Style Premia ETF |
Franklin Advisers, Inc. |
|
Franklin Liberty Ultra Short Bond ETF |
Franklin Advisers, Inc. |
|
Franklin Liberty U.S. Core Bond ETF |
Franklin Advisers, Inc. |
|
Franklin Liberty U.S. Low Volatility ETF |
Franklin Advisers, Inc. |
|
Franklin Liberty U.S. Treasury Bond ETF |
Franklin Advisers, Inc. |
|
Franklin LibertyQ Emerging Markets ETF |
Franklin Advisory Services, LLC |
|
Franklin LibertyQ Global Dividend ETF |
Franklin Advisory Services, LLC |
|
Franklin LibertyQ Global Equity ETF |
Franklin Advisory Services, LLC |
|
Franklin LibertyQ International Equity Hedged ETF |
Franklin Advisory Services, LLC |
|
Franklin LibertyQ U.S. Equity ETF |
Franklin Advisory Services, LLC |
|
Franklin LibertyQ U.S. Mid Cap Equity ETF |
Franklin Advisory Services, LLC |
|
Franklin LibertyQ U.S. Small Cap Equity ETF |
Franklin Advisory Services, LLC |
|
|
|
|
Franklin Xxxxxxxxx Trust |
|
|
Franklin Tokenized U.S. Government Money Fund |
Franklin Advisers, Inc. |
A-1
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