0001379491-21-000659 Sample Contracts

SUBADVISORY AGREEMENT Franklin Templeton Variable Insurance Products Trust On behalf of TEMPLETON DEVELOPING MARKETS VIP FUND

Sub-Advisory Agreement • February 23rd, 2021 • Franklin Templeton Variable Insurance Products Trust • California

• Contract Type
  Sub-Advisory Agreement
• Filed
  February 23rd, 2021
• Company
  Franklin Templeton Variable Insurance Products Trust
• Jurisdiction
  California

THIS SUB-ADVISORY AGREEMENT (the “Agreement”), made as of the 9th day of November 2020, by and between TEMPLETON ASSET MANAGEMENT LTD., a public company limited by shares incorporated in Singapore (“TAML”), and FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED, a company limited by shares incorporated in England (“FTIML”).