0000940394-17-001476 Sample Contracts

FORM OF AUTHORIZED PARTICIPANT AGREEMENT CALVERT MANAGEMENT SERIES
Authorized Participant Agreement • July 20th, 2017 • Calvert Management Series • New York

This Authorized Participant Agreement (the “Agreement”) is entered into by and between Foreside Fund Services, LLC (the “Distributor”) and _____________ (the “Participant”) and is subject to acceptance by State Street Bank and Trust Company (the “Transfer Agent”) and is further subject to acknowledgement and agreement by Calvert Management Series (the “Trust”) solely with respect to Sections 7(b) and 20(b) herein. The Distributor, the Participant, and the Transfer Agent acknowledge and agree that the Trust and each current and future series thereof that is organized as a NextShares fund (each, a “Fund,” and collectively, the “Funds”) shall be third-party beneficiaries of this Agreement and shall receive the benefits contemplated by this Agreement to the extent specified herein. Capitalized terms used but not defined herein are defined in the current prospectus for each Fund (together with the Statement of Additional Information (“SAI”) incorporated therein, the “Prospectus”).

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FORM OF DISTRIBUTION AGREEMENT
Distribution Agreement • July 20th, 2017 • Calvert Management Series • New York

This Distribution Agreement (the “Agreement”) is made this __ day of _________ 2017, by and between Calvert Management Series, a Massachusetts business trust (the “Trust”) having its principal place of business at 4550 Montgomery Avenue, Bethesda, Maryland 20814, and Foreside Fund Services, LLC, a Delaware limited liability company (the “Distributor”) having its principal place of business at Three Canal Plaza, Suite 100, Portland, ME 04101.

CALVERT MANAGEMENT SERIES NEXTSHARES OPERATIONS AGREEMENT
Nextshares Operations Agreement • July 20th, 2017 • Calvert Management Series

AGREEMENT made this ___ day of_______________, 2017, between Calvert Management Series, a Massachusetts business trust (the “Trust”) on behalf of its series listed on Appendix A (each referred to herein as the “Fund”), and Calvert Research and Management, a Massachusetts business trust (“CRM”).

CALVERT MANAGEMENT SERIES FORM OF INVESTMENT ADVISORY AND ADMINISTRATIVE AGREEMENT ON BEHALF OF CALVERT ULTRA-SHORT INCOME NEXTSHARESTM
Investment Advisory and Administrative Agreement • July 20th, 2017 • Calvert Management Series • Massachusetts

AGREEMENT made this ___ day of ___, 2017, between Calvert Management Series, a Massachusetts business trust (the “Trust”), on behalf of Calvert Ultra-Short Income NextSharesTM (the “Fund”), and Calvert Research and Management, a Massachusetts business trust (“CRM”).

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