0001379491-21-002798 Sample Contracts

FRANKLIN REAL ESTATE SECURITIES TRUST on behalf of Franklin REAL ESTATE SECURITIES Fund INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • July 1st, 2021 • Franklin Real Estate Securities Trust • California

THIS INVESTMENT MANAGEMENT AGREEMENT, dated as of November 12, 2020, is made between FRANKLIN REAL ESTATE SECURITIES TRUST, a Delaware statutory trust (the “Trust”), on behalf of Franklin REAL ESTATE SECURITIES FUND (the “Fund”), a series of the Trust, and FRANKLIN ADVISERS, INC., a California corporation (the “Manager”).

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