0001379491-10-000425 Sample Contracts

MASTER CUSTODY AGREEMENT
Master Custody Agreement • September 28th, 2010 • Franklin Municipal Securities Trust

The following is a list of the Investment Companies and their respective Series for which the Custodian shall serve under the Master Custody Agreement dated as of February 16, 1996.

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Selling Agreement May 1, 2010
Selling Agreement • September 28th, 2010 • Franklin Municipal Securities Trust • California

Franklin Templeton Distributors, Inc. (“we” or “us”) invites you to participate in the distribution of shares of the Franklin Templeton investment companies (the “Funds”) for which we now or in the future serve as principal underwriter, subject to the terms of this Agreement. We will notify you from time to time of the Funds that are eligible for distribution and the terms of compensation under this Agreement. This Agreement supersedes any prior dealer or selling agreements between us, as stated in Section 21, below.

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