0001193125-20-295927 Sample Contracts

SUBADVISORY AGREEMENT
Subadvisory Agreement • November 17th, 2020 • Legg Mason ETF Investment Trust • New York

This SUBADVISORY AGREEMENT (“Agreement”) is made this 31st day of July, 2020, by and between Legg Mason Partners Fund Advisor, LLC, a Delaware limited liability company (the “Manager”), and QS Investors, LLC, a Delaware limited liability company (the “Subadviser”).

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MANAGEMENT AGREEMENT Legg Mason Partners Fund Advisor, LLC
Management Agreement • November 17th, 2020 • Legg Mason ETF Investment Trust • New York

This MANAGEMENT AGREEMENT (“Agreement”) is made this 31st day of July, 2020, by and between Legg Mason ETF Investment Trust (the “Trust”) and Legg Mason Partners Fund Advisor, LLC, a Delaware limited liability company (the “Manager”).

SUB-SUBADVISORY AGREEMENT
Sub-Subadvisory Agreement • November 17th, 2020 • Legg Mason ETF Investment Trust • New York

This SUB-SUBADVISORY AGREEMENT (“Agreement”) is made this 31st day of July, 2020, by and between Western Asset Management Company, LLC, a California limited liability company (the “Subadviser”), and Western Asset Management Company Pte. Ltd., a corporation organized under the laws of Singapore (“WAML Singapore” or the “Sub-Subadviser”).

SUB-SUBADVISORY AGREEMENT
Sub-Subadvisory Agreement • November 17th, 2020 • Legg Mason ETF Investment Trust • New York

This SUB-SUBADVISORY AGREEMENT (“Agreement”) is made this 31st day of July, 2020, by and between Western Asset Management Company, LLC, a California limited liability company (the “Subadviser”), and Western Asset Management Company Limited, a corporation organized under the laws of England and Wales (“WAML” or the “Sub-Subadviser”).

SUB-SUBADVISORY AGREEMENT
Sub-Subadvisory Agreement • November 17th, 2020 • Legg Mason ETF Investment Trust • New York

This SUB-SUBADVISORY AGREEMENT (“Agreement”) is made this 31st day of July, 2020, by and between Western Asset Management Company, LLC, a California limited liability company (the “Subadviser”), and Western Asset Management Company Ltd, a corporation organized under the laws of Japan (“WAML Japan” or the “Sub-Subadviser”).

DISTRIBUTION AGREEMENT
Distribution Agreement • November 17th, 2020 • Legg Mason ETF Investment Trust • Maryland

THIS DISTRIBUTION AGREEMENT (this “Agreement”) is made as of this 31st day of July, 2020, by and between Legg Mason ETF Investment Trust (the “Company”), a Maryland statutory trust, on behalf of its series listed on Schedule A hereto (each a “Fund” and collectively, the “Funds”), and Legg Mason Investor Services, LLC (the “Distributor”), a Delaware limited liability company.

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