0001379491-13-000530 Sample Contracts

AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • April 30th, 2013 • Franklin Investors Securities Trust • California

THIS INVESTMENT MANAGEMENT AGREEMENT, dated as of May 1, 2013, is made between FRANKLIN INVESTORS SECURITIES TRUST, a Delaware statutory trust (the “Trust”), on behalf of FRANKLIN BALANCED FUND (the “Fund”), a series of the Trust, and FRANKLIN ADVISERS, INC. (the “Adviser”) a California corporation, and amends and restates the prior Investment Management Agreement between the Trust, on behalf of the Fund, and the Adviser, dated as of March 1, 2008.

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FORM OF SUBCONTRACT FOR FUND ADMINISTRATIVE SERVICES
Subcontract for Fund Administrative Services • April 30th, 2013 • Franklin Investors Securities Trust • California

This Subcontract, dated as of May 1, 2013, is between Franklin Advisers, Inc., a California corporation (the “Investment Manager”), and Franklin Templeton Services, LLC (“Administrator”).

AMENDMENT TO MASTER CUSTODY AGREEMENT
Master Custody Agreement • April 30th, 2013 • Franklin Investors Securities Trust

The following is a list of the Investment Companies and their respective Series for which the Custodian shall serve under the Amendment dated May 16, 2001 to that certain Master Custody Agreement dated as of February 16, 1996.

FORM OF SUBADVISORY AGREEMENT FRANKLIN INVESTORS SECURITIES TRUST Franklin Total Return Fund
Subadvisory Agreement • April 30th, 2013 • Franklin Investors Securities Trust • California

THIS SUBADVISORY AGREEMENT made as of the June 27, 2008, and amended as of May 1, 2013, by and between FRANKLIN ADVISERS, INC., a corporation organized and existing under the laws of the State of California (hereinafter called “FAV”), and FRANKLIN TEMPLETON INSTITUTIONAL, LLC, a Delaware limited liability company (hereinafter called “FT Institutional”).

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