PUTNAM FUNDS SUB-MANAGEMENT CONTRACTSub-Management Contract • November 24th, 2021 • 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”).
PUTNAM TARGET DATE FUNDS CLASS R3 DISTRIBUTION PLAN AND AGREEMENTDistribution Plan and Agreement • November 24th, 2021 • Putnam Target Date Funds
This Plan and Agreement (the “Plan”) constitutes the Distribution Plan for the Class R3 shares of the portfolio series (each a “Fund” and collectively the “Funds”) of Putnam Target Date 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 incur expenses primarily intended to result in the sale of its Class R3 shares upon the terms and conditions hereinafter set forth:
