0000728889-10-000922 Sample Contracts

Distribution and Service Plan and Agreement With
Distribution and Service Plan and Agreement • June 8th, 2010 • Oppenheimer Emerging Markets Debt Fund

This Distribution and Service Plan and Agreement (the “Plan”) is dated as of the 19th day of May 2010, by and between Oppenheimer Emerging Markets Debt Fund (the “Fund”) and OppenheimerFunds Distributor, Inc. (the “Distributor”).

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INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • June 8th, 2010 • Oppenheimer Emerging Markets Debt Fund

AGREEMENT made as of the 19th day of May, 2010, by and between OPPENHEIMER EMERGING MARKETS DEBT FUND (the "Fund"), and OPPENHEIMERFUNDS, INC. ("OFI").

GENERAL DISTRIBUTOR’S AGREEMENT
General Distributor’s Agreement • June 8th, 2010 • Oppenheimer Emerging Markets Debt Fund

Date: May 19th, 2010 OPPENHEIMERFUNDS DISTRIBUTOR, INC. Two World Financial Center 225 Liberty Street New York, New York 10281-1008 Dear Sirs: OPPENHEIMER EMERGING MARKETS DEBT FUND, a Massachusetts business trust (the “Fund”), is registered as an investment company under the Investment Company Act of 1940 (the “1940 Act”), consisting of an indefinite number of one or more classes of its shares of beneficial interest (“Shares”) have been registered under the Securities Act of 1933 (the “1933 Act”) to be offered for sale to the public in a continuous public offering in accordance with the terms and conditions set forth in the Prospectus and Statement of Additional Information (“SAI”) included in the Fund’s Registration Statement as it may be amended from time to time (the “current Prospectus and/or SAI”). In this connection, the Fund desires that your firm (the “General Distributor”) act in a principal capacity as General Distributor for the sale and distribution of Share

SERVICE PLAN AND AGREEMENT with OppenheimerFunds Distributor, Inc. For Class A Shares of
Service Plan and Agreement • June 8th, 2010 • Oppenheimer Emerging Markets Debt Fund

This SERVICE PLAN AND AGREEMENT (the "Plan") is dated as of the 19th day of May, 2010, by and between Oppenheimer Emerging Markets Debt Fund (the "Fund") and OppenheimerFunds Distributor, Inc. (the "Distributor").

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