0001379491-15-000785 Sample Contracts

FRANKLIN STRATEGIC SERIES on behalf of Franklin Flexible Alpha Bond FUND INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • July 29th, 2015 • Franklin Strategic Series • California

THIS INVESTMENT MANAGEMENT AGREEMENT, dated as of August 3, 2015, is made between FRANKLIN STRATEGIC SERIES a Delaware statutory trust (the “Trust”), on behalf of FRANKLIN FLEXIBLE ALPHA BOND FUND (the “Fund”), a series of the Trust, and FRANKLIN ADVISERS, INC., a California corporation (the “Manager”).

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MASTER CUSTODY AGREEMENT
Master Custody Agreement • July 29th, 2015 • Franklin Strategic Series

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.

TERMINAL LINK AGREEMENT
Terminal Link Agreement • July 29th, 2015 • Franklin Strategic Series

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.

AMENDMENT TO MASTER CUSTODY AGREEMENT
Master Custody Agreement • July 29th, 2015 • Franklin Strategic Series

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.

SUB-ADVISORY AGREEMENT FRANKLIN STRATEGIC SERIES on behalf of Franklin Flexible Alpha Bond Fund
Sub-Advisory Agreement • July 29th, 2015 • Franklin Strategic Series • California

THIS SUB-ADVISORY AGREEMENT made as of the 3rd day of August 2015, by and between FRANKLIN ADVISERS, INC., a California corporation (“FAV”), and FRANKLIN TEMPLETON INSTITUTIONAL, LLC, a Delaware limited liability company (“FT Institutional”).

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