0000837274-97-000010 Sample Contracts

Amendment to Master Custody Agreement The Bank of New York and Franklin Valuemark Funds, for itself and on behalf of its series, hereby amend Schedule A of the Master Custody Agreement dated as of February 16, 1996, to add the series listed below:
Master Custody Agreement • April 30th, 1997 • Franklin Valuemark Funds

The Bank of New York and Franklin Valuemark Funds, for itself and on behalf of its series, hereby amend Schedule A of the Master Custody Agreement dated as of February 16, 1996, to add the series listed below:

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Amendment to Global Custody Agreement The Chase Manhattan Bank, N.A., and Franklin Valuemark Funds, a Massachusetts business trust, hereby amend Schedule B of their Global Custody Agreement of March 15, 1994 to read as follows:
Global Custody Agreement • April 30th, 1997 • Franklin Valuemark Funds

The Chase Manhattan Bank, N.A., and Franklin Valuemark Funds, a Massachusetts business trust, hereby amend Schedule B of their Global Custody Agreement of March 15, 1994 to read as follows:

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