0000928816-10-000656 Sample Contracts

MASTER CUSTODIAN AGREEMENT
Master Custodian Agreement • June 28th, 2010 • Putnam Investment Funds • Massachusetts

This Agreement is made as of January 1, 2007 by and among each management investment company identified on Appendix A hereto, each such investment company acting on its own behalf separately from all of the other investment companies and not jointly or jointly and severally with any of the other investment companies (each such investment company and each management investment company made subject to this Agreement in accordance with Section 21.5 below shall hereinafter be referred to as a “Fund”), and STATE STREET BANK and TRUST COMPANY, a Massachusetts trust company (the “Custodian”).

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PUTNAM INVESTMENT FUNDS MANAGEMENT CONTRACT
Management Contract • June 28th, 2010 • Putnam Investment Funds

This Management Contract is dated as of January 1, 2010 between PUTNAM INVESTMENT FUNDS, a Massachusetts business trust (the “Fund”), and PUTNAM INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company (the “Manager”).

Putnam Investor Services Andover, MA 01810
Dealer Sales Contract • June 28th, 2010 • Putnam Investment Funds • Massachusetts
Putnam Investor Services Andover, MA 01810
Financial Institution Sales Contract • June 28th, 2010 • Putnam Investment Funds • Massachusetts
MASTER SUB-ACCOUNTING SERVICES AGREEMENT
Master Sub-Accounting Services Agreement • June 28th, 2010 • Putnam Investment Funds • Massachusetts

This AGREEMENT is made as of January 1, 2007 by and between PUTNAM INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company, having its principal place of business at 1 Post Office Square, Boston, Massachusetts 02109 (the “Administrator”), and STATE STREET BANK AND TRUST COMPANY, a Massachusetts trust company, having its principal place of business at 225 Franklin Street, Boston, Massachusetts 02110 (the "Sub-Accounting Agent").

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