0001379491-20-002591 Sample Contracts

Franklin Templeton ETF Trust on behalf of FRANKLIN LIBERTY ULTRA SHORT BOND ETF INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • June 1st, 2020 • Franklin Templeton ETF Trust • California

THIS INVESTMENT MANAGEMENT AGREEMENT, effective as of July 14, 2020, is made between FRANKLIN TEMPLETON ETF TRUST, a Delaware statutory trust (the “Trust”), on behalf of FRANKLIN LIBERTY ULTRA SHORT BOND ETF (the “Fund”), a series of the Trust, and FRANKLIN ADVISERS, INC., a California corporation (the “Manager”).

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SUB-ADVISORY AGREEMENT FRANKLIN Templeton ETF Trust On behalf of Franklin Liberty u.s. core bond ETF
Sub-Advisory Agreement • June 1st, 2020 • Franklin Templeton ETF Trust • California

THIS SUB-ADVISORY AGREEMENT (the “Agreement”), effective as of November 21, 2019, is made between FRANKLIN ADVISERS, INC., a California corporation (“FAV”), and FRANKLIN TEMPLETON INSTITUTIONAL, LLC, a Delaware limited liability company (“FT Institutional”).

SUBCONTRACT FOR FUND ADMINISTRATIVE SERVICES
Subcontract for Fund Administrative Services • June 1st, 2020 • Franklin Templeton ETF Trust • California

This Subcontract, dated as of September 17, 2019, is between Franklin Advisers, Inc. (the “Investment Manager”), and Franklin Templeton Services, LLC (the “Administrator”).

SUBCONTRACT FOR FUND ADMINISTRATIVE SERVICES
Subcontract for Fund Administrative Services • June 1st, 2020 • Franklin Templeton ETF Trust • California

This Subcontract, dated as of February 1, 2019, is between Franklin Advisers, Inc. (the “Investment Manager”), and Franklin Templeton Services, LLC (the “Administrator”).

subcontract for ADMINISTRATION and accounting services
Subcontract for Administration and Accounting Services • June 1st, 2020 • Franklin Templeton ETF Trust • Massachusetts

This Subcontract for Administration and Accounting Services (“Agreement”) dated and effective as of December 17, 2019, is by and between State Street Bank and Trust Company, a Massachusetts trust company (“State Street”), and Franklin Templeton Services LLC (“FT Services”), an indirect, wholly-owned subsidiary of Franklin Resources, Inc.

SUB-ADVISORY AGREEMENT FRANKLIN Templeton ETF Trust On behalf of Franklin Liberty Investment Grade Corporate ETF
Sub-Advisory Agreement • June 1st, 2020 • Franklin Templeton ETF Trust • California

THIS SUB-ADVISORY AGREEMENT (the “Agreement”), effective as of October 15, 2019, is made between FRANKLIN ADVISERS, INC., a California corporation (“FAV”), and FRANKLIN TEMPLETON PORTFOLIO ADVISORS, INC., a California corporation (“FTPA”).

Master Custodian Agreement
Master Custodian Agreement • June 1st, 2020 • Franklin Templeton ETF Trust • Massachusetts

This Agreement is made as of December 17, 2019 by and between each entity identified on Appendix A and each entity which becomes a party to this Agreement in accordance with the terms hereof (in each case, a “Company”), and State Street Bank and Trust Company, a Massachusetts trust company (the “Custodian”).

TRANSFER AGENCY AND SERVICE AGREEMENT
Transfer Agency and Service Agreement • June 1st, 2020 • Franklin Templeton ETF Trust • Massachusetts

This Transfer Agency and Service Agreement (“Agreement”) dated and effective as of December 17, 2019, is by and between State Street Bank and Trust Company, a Massachusetts trust company (the “Transfer Agent”), and FLSP Holdings Corporation, a Cayman Islands exempted company (the “Company”).

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