0000928816-22-000687 Sample Contracts

February 1, 2022 The Putnam Funds 100 Federal Street Boston, Massachusetts 02110 Ladies and Gentlemen:
Putnam Investment Funds • June 27th, 2022

Putnam Investment Management, LLC (“PIM”) hereby contractually agrees, as of the date hereof, with respect to the funds specified below or in Schedule A, Schedule B, or Schedule C, to waive fees and reimburse certain expenses in the manner provided below:

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