PUTNAM FUNDS TRUSTDistributor’s Contract • February 27th, 2024 • Putnam Funds Trust
Amended and Restated Distributor’s Contract dated January 1, 2024, by and between PUTNAM FUNDS TRUST, a Massachusetts business trust (the “Fund”; each reference in this Contract or in the Terms and Conditions defined below to “a Fund” or “the Fund” is also deemed to be a reference to any existing series of the Fund, as appropriate in the particular context), and PUTNAM RETAIL MANAGEMENT LIMITED PARTNERSHIP, a Massachusetts limited partnership (“Putnam”).
AMENDMENT TO SERVICES AGREEMENTTo Services Agreement • February 27th, 2024 • Putnam Funds Trust
You (“Intermediary”) have previously entered into a Dealer Service Agreement or Financial Institution Service Agreement, as the case may be (the “Service Agreement”) with Putnam Retail Management Limited Partnership (“PRM”). This Amendment to the Service Agreement (the “Amendment”) hereby amends the Service Agreement effective upon its mailing to Intermediary. All capitalized terms used in this Amendment and not defined herein shall have the meaning ascribed to them in the Service Agreement.
PUTNAM FUNDS SUB-MANAGEMENT CONTRACTPutnam Funds Sub-Management Contract • February 27th, 2024 • Putnam Funds Trust
This Sub-Management Contract is dated as of January 1, 2024 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 FUNDS TRUST MANAGEMENT CONTRACTManagement Contract • February 27th, 2024 • Putnam Funds Trust
Measuring Class. The “Measuring Class” of shares of the Fund initially is Class A shares of the Fund. If the Trustees determine that a different class of shares of the Fund is the most appropriate for use in calculating the Performance Adjustment, the Trustees may change, with the consent of the Manager, the class of shares used as the Measuring Class without shareholder approval, unless shareholder approval of such change is otherwise required by applicable law. If a different class of shares (“Replacement Measuring Class”) is substituted in calculating the Performance Adjustment, the use of that Replacement Measuring Class of shares for purposes of calculating the Performance Adjustment may apply to the entire Performance Period so long as the Replacement Measuring Class was outstanding at the beginning of such period. If the Replacement Measuring Class of shares was not outstanding for all or a portion of the Performance Period, it may only be used in calculating that portion of the
PUTNAM FUNDS TRUST MANAGEMENT CONTRACTPutnam Funds Trust Management Contract • February 27th, 2024 • Putnam Funds Trust
This Management Contract is dated as of January 1, 2024 between PUTNAM FUNDS TRUST, a Massachusetts business trust (the “Fund”), and PUTNAM INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company (the “Manager”).
PUTNAM FUNDS SUB-ADVISORY CONTRACTPutnam Funds Sub-Advisory Contract • February 27th, 2024 • Putnam Funds Trust
This Sub-Advisory Contract is dated as of January 1, 2024 between and among PUTNAM INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company (the “Manager”), PUTNAM INVESTMENTS LIMITED, a company organized under the laws of England and Wales (“PIL”), and THE PUTNAM ADVISORY COMPANY, LLC, a Delaware limited liability company (the “Sub-Advisor”).
PUTNAM FUNDS TRUST MANAGEMENT CONTRACTPutnam Funds Trust Management Contract • February 27th, 2024 • Putnam Funds Trust
ALL FUNDS: Benchmark. The Fund’s initial Benchmark is set forth in Schedule B. If the Trustees determine that another appropriate index of securities prices should be substituted as the Benchmark, the Trustees may determine, with the consent of the Manager, to use such other appropriate index of securities prices for purposes of this Schedule C (the “Replacement Benchmark”) without shareholder approval, unless shareholder approval of the change is otherwise required by applicable law. Any Replacement Benchmark will be applied prospectively to determine the amount of the Performance Adjustment. The Benchmark will continue to be used to determine the amount of the Performance Adjustment for that part of the Performance Period prior to the effective date of the Replacement Benchmark.
