PUTNAM FUNDS SUB-MANAGEMENT CONTRACTPutnam Funds • January 27th, 2011 • Putnam California Tax Exempt Income Trust
This Sub-Management Contract is dated as of May 15, 2008 between PUTNAM INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company (the “Manager”) and PUTNAM INVESTMENTS LIMITED, a company organized under the laws of England and Wales (the “Sub-Manager”).
