0001193125-16-763142 Sample Contracts

SUBADVISORY AGREEMENT
Subadvisory Agreement • November 8th, 2016 • Legg Mason ETF Equity Trust • New York

This SUBADVISORY AGREEMENT (“Agreement”) is made this 14th day of November, 2016, by and between Legg Mason Partners Fund Advisor, LLC, a Delaware limited liability company (the “Manager”), and Western Asset Management Company, a California corporation (the “Subadviser”).

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MANAGEMENT AGREEMENT Legg Mason Partners Fund Advisor, LLC
Management Agreement • November 8th, 2016 • Legg Mason ETF Equity Trust • New York

This MANAGEMENT AGREEMENT (“Agreement”) is made this 14th day of November, 2016, by and between Legg Mason ETF Equity Trust (the “Trust”) and Legg Mason Partners Fund Advisor, LLC, a Delaware limited liability company (the “Manager”).

Re: Custodian Services Agreement and Fund Accounting Services Agreement
Custodian Agreement • November 8th, 2016 • Legg Mason ETF Equity Trust

Reference is made to that certain Custodian Services Agreement (as amended, the “Custodian Agreement”) and that certain Fund Accounting Services Agreement (as amended, the “Accounting Agreement”), each dated as of October 5, 2012 and each entered into by and between State Street Bank and Trust Company and each Fund on behalf of its Portfolios. Capitalized terms used herein without definition shall have the meanings given to them in the Agreements.

Re: Transfer Agency and Service Agreement
Legg Mason ETF Equity Trust • November 8th, 2016

Reference is made to that certain Transfer Agency and Service Agreement (as amended, the “Agreement”) dated as of November 20, 2015 by and between State Street Bank and Trust Company and each Trust on behalf of its Portfolios. Capitalized terms used herein without definition shall have the meanings given to them in the Agreement.

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