0000928816-24-001998 Sample Contracts

INDEMNIFICATION AGREEMENT
Indemnification Agreement • November 26th, 2024 • Putnam Investment Funds • Massachusetts

This Indemnification Agreement (the “Agreement”) is made as of the date set forth on the signature page by and between the Massachusetts business trusts comprising The Putnam Funds listed on Exhibit A hereto (as the same may from time to time be amended to add one or more additional trusts comprising The Putnam Funds or to delete one or more of such trusts) (each, a “Trust”), each Trust acting severally on its own behalf and not jointly or jointly and severally with any other Trust, and the Trustee of each Trust whose name is set forth on the signature page (the “Trustee”).

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AMENDED AND RESTATED SUBADVISORY AGREEMENT
Subadvisory Agreement • November 26th, 2024 • Putnam Investment Funds

THIS AMENDED AND RESTATED SUBADVISORY AGREEMENT (the “Agreement”) is made as of November 1, 2024 by and between PUTNAM INVESTMENT MANAGEMENT, LLC, a limited liability company organized and existing under the laws of the State of Delaware (hereinafter called “PIM”), and THE PUTNAM ADVISORY COMPANY, LLC, a Delaware limited liability company (hereinafter called “PAC”).

PUTNAM LARGE CAP VALUE FUND MANAGEMENT CONTRACT
Management Contract • November 26th, 2024 • Putnam Investment Funds

This Management Contract is dated as of January 1, 2024 between PUTNAM LARGE CAP VALUE FUND, a Massachusetts business trust (the “Fund”), and PUTNAM INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company (the “Manager”).

SUBADVISORY AGREEMENT
Subadvisory Agreement • November 26th, 2024 • Putnam Investment Funds

THIS SUBADVISORY AGREEMENT (the “Agreement”) is made as of November 1, 2024 by and between PUTNAM INVESTMENT MANAGEMENT, LLC, a limited liability company organized and existing under the laws of the State of Delaware (hereinafter called “PIM”), and FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED (“FTIML”), a corporation existing under the laws of the United Kingdom.

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