0001379491-21-001625 Sample Contracts

FRANKLIN LIFESMART™ 2060 RETIREMENT TARGET FUND INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • April 26th, 2021 • Franklin Fund Allocator Series • California

THIS INVESTMENT MANAGEMENT AGREEMENT, dated as of July 14, 2020, is made between FRANKLIN FUND ALLOCATOR SERIES, a Delaware statutory trust (the “Trust”), on behalf of FRANKLIN LIFESMART™ 2060 RETIREMENT TARGET FUND (the “Fund”), a series of the Trust, and FRANKLIN ADVISERS, INC., a California corporation (the “Manager”).

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AMENDMENT TO MASTER CUSTODY AGREEMENT
Master Custody Agreement • April 26th, 2021 • Franklin Fund Allocator Series

This Amendment is dated as of the 29th day of January 2021, by and between each of the Investment Companies listed on Exhibit A hereto (the “Fund”) for itself and for each of its Series listed on Exhibit A hereto, and The Bank of New York Mellon (formerly The Bank of New York) (the “Custodian”). Capitalized terms used but not defined herein shall have the meanings given in the Agreement (defined below).

TERMINAL LINK AGREEMENT EXHIBIT A (Effective as of January 29, 2021)
Terminal Link Agreement • April 26th, 2021 • Franklin Fund Allocator 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.

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