0000928816-07-001443 Sample Contracts

PUTNAM NEW JERSEY TAX EXEMPT INCOME FUND MANAGEMENT CONTRACT
Management Contract • September 28th, 2007 • Putnam Arizona Tax Exempt Income Fund

This Management Contract is dated as of August 3, 2007 between PUTNAM NEW JERSEY TAX EXEMPT INCOME FUND, a Massachusetts business trust (the “Fund”), and PUTNAM INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company (the “Manager”).

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Standard Contracts

PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND DISTRIBUTOR’S CONTRACT
Distributor's Contract • September 28th, 2007 • Putnam Arizona Tax Exempt Income Fund

Distributor’s Contract dated August 3, 2007, by and between PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND, a Massachusetts business trust (the “Fund”; each reference in this Contract or in the Terms and Conditions defined below to “a Fund” or “the Fund” is also deemed to be a reference to any existing series of the Fund, as appropriate in the particular context), and PUTNAM RETAIL MANAGEMENT LIMITED PARTNERSHIP, a Massachusetts limited partnership (“Putnam”).

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