0000928816-15-001739 Sample Contracts

PUTNAM FUNDS SUB-MANAGEMENT CONTRACT
Sub-Management Contract • December 10th, 2015 • Putnam Investment Funds

This Sub-Management Contract is dated as of February 27, 2014 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”).

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PUTNAM INVESTMENT FUNDS AMENDED AND RESTATED MANAGEMENT CONTRACT
Management Contract • December 10th, 2015 • Putnam Investment Funds

This Management Contract is dated as of __________, 2016 between PUTNAM INVESTMENT FUNDS, a Massachusetts business trust (the “Fund”), and PUTNAM INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company (the “Manager”).

PUTNAM INVESTMENT FUNDS AMENDED AND RESTATED CLASS R DISTRIBUTION PLAN AND AGREEMENT
Distribution Agreement • December 10th, 2015 • Putnam Investment Funds

This Plan and Agreement (the "Plan") constitutes the Distribution Plan for the Class R shares of each portfolio series (each a "Fund" and collectively the "Funds") of Putnam Investment Funds, a Massachusetts business trust (the "Trust"), adopted pursuant to the provisions of Rule 12b-1 under the Investment Company Act of 1940 (the "Act") and the related agreement between the Trust and Putnam Retail Management Limited Partnership ("PRM"). During the effective term of this Plan, the Trust may make payments to PRM upon the terms and conditions hereinafter set forth:

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