0000928816-19-002056 Sample Contracts

MASTER INTERFUND LENDING AGREEMENT
Master Interfund Lending Agreement • December 30th, 2019 • Putnam Target Date Funds • Massachusetts

This Master Interfund Lending Agreement (as amended, restated, supplemented or otherwise modified from time to time, the “Master Agreement”), dated as of July 16, 2010 (the “Effective Date”), is by and among each investment company listed on Schedule A or Schedule B hereto (collectively, the “Trusts,” and each portfolio series of a Trust (or if the relevant Trust has no portfolio series, then the relevant Trust) shall be referred to herein as a “Fund” and collectively as the “Funds”) and Putnam Investment Management, LLC (the “Adviser”).

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PUTNAM FUNDS SUB-MANAGEMENT CONTRACT
Putnam Funds Sub-Management Contract • December 30th, 2019 • Putnam Target Date 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”).

AMENDED & RESTATED INVESTOR SERVICING AGREEMENT — OPEN-END FUNDS
Investor Servicing Agreement • December 30th, 2019 • Putnam Target Date Funds • Massachusetts

This AGREEMENT is made as of the 1st day of July, 2013, between each of the Putnam Funds listed in Appendix A hereto (as the same may from time to time be amended to add one or more additional Putnam Funds or to delete one or more of such Funds), each of such Funds acting severally on its own behalf and not jointly with any of such other Funds (each of such Funds being hereinafter referred to as the “Fund”), and Putnam Investment Management, LLC (the “Manager”), a Delaware limited liability company, and Putnam Investor Services, Inc. (the “Agent”), a Massachusetts corporation, and amends and restates the Amended and Restated Investor Servicing Agreement dated as of January 1, 2009 between each of the Funds, the Manager, and the Agent.

The Putnam Funds
Putnam Target Date Funds • December 30th, 2019
AMENDMENT NO. 1 TO AMENDED AND RESTATED AGREEMENT AND DECLARATION OF TRUST
Putnam Target Date Funds • December 30th, 2019

WHEREAS, THE UNDERSIGNED constitute at least a majority of the Trustees of Putnam RetirementReady Funds (the “Trust”), a Massachusetts business trust organized and existing under the laws of the Commonwealth of Massachusetts pursuant to an Agreement and Declaration of Trust dated June 11, 2004, as amended and restated in its entirety on March 21, 2014 (the “Declaration of Trust”);

FORM OF PUTNAM TARGET DATE FUNDS MANAGEMENT CONTRACT
Management Contract • December 30th, 2019 • Putnam Target Date Funds

This Management Contract is dated as of [December 31, 2019] between PUTNAM TARGET DATE FUNDS, a Massachusetts business trust (the “Fund”), and PUTNAM INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company (the “Manager”).

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