0000898432-09-001248 Sample Contracts

FORM OF LMIS – LEGG MASON FUNDS ANTI-MONEY LAUNDERING DELEGATION AGREEMENT

Anti-Money Laundering Delegation Agreement • October 13th, 2009 • Legg Mason Global Asset Management Trust • Maryland

• Contract Type
  Anti-Money Laundering Delegation Agreement
• Filed
  October 13th, 2009
• Company
  Legg Mason Global Asset Management Trust
• Jurisdiction
  Maryland

This Delegation Agreement, made as of this 30th day of July, 2008 by and between each open end investment company listed on Attachment A (each a “Fund” or collectively the “Funds”) and Legg Mason Investor Services (“LMIS”), a registered broker-dealer and the principal underwriter of the Funds.

FORM OF EXPENSE LIMITATION AGREEMENT Legg Mason Partners Fund Advisor, LLC 100 International Drive Baltimore, Maryland 21202

Expense Limitation Agreement • October 13th, 2009 • Legg Mason Global Asset Management Trust

• Contract Type
  Expense Limitation Agreement
• Filed
  October 13th, 2009
• Company
  Legg Mason Global Asset Management Trust

Legg Mason Partners Fund Advisor, LLC (“LMPFA”) hereby agrees that it will waive its compensation (and, to the extent necessary, bear other expenses) through December 31, 2010, to the extent that expenses of the [________] Fund (the “Fund”) (exclusive of taxes, interest, brokerage, dividend expense on short sales and extraordinary expenses) would exceed an annual rate of [__]% (“Fee Limitation”).