0001741773-22-001250 Sample Contracts

Standard Contracts

THIRD AMENDMENT TO FUND SERVICES AGREEMENT
Fund Services Agreement • April 27th, 2022 • Franklin Templeton Variable Insurance Products Trust • New York

This third Amendment (“Amendment”) to the FUND SERVICES AGREEMENT, dated January 22, 2020 among FRANKLIN TEMPLETON SERVICES, LLC (the “Customer”) and JPMORGAN CHASE BANK, N.A. (“J.P. Morgan”), as amended from time to time (the “Agreement”), is made and entered into as of March 12, 2021, and shall be effective as of March 12, 2021, between the Customer and J.P. Morgan.

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TERMINAL LINK AGREEMENT EXHIBIT A
Terminal Link Agreement • April 27th, 2022 • Franklin Templeton Variable Insurance Products Trust

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 • April 27th, 2022 • Franklin Templeton Variable Insurance Products Trust

This Amendment is dated as of the 7th day of April 2022, 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).

SUBADVISORY AGREEMENT FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST On behalf of FRANKLIN ALLOCATION VIP FUND
Sub-Advisory Agreement • April 27th, 2022 • Franklin Templeton Variable Insurance Products Trust

THIS SUB-ADVISORY AGREEMENT (the “Agreement”), made as of March 25, 2022, by and between FRANKLIN ADVISERS, INC., a California corporation (“FAV”), and WESTERN ASSET MANAGEMENT COMPANY LIMITED, a private limited liability company incorporated in England and Wales (the “Subadviser”).

Franklin Templeton Variable Insurance Products Trust
Distribution Agreement • April 27th, 2022 • Franklin Templeton Variable Insurance Products Trust

We, Franklin Templeton Variable Insurance Products Trust (the “Trust”), comprised of the series listed on Attachment A (each a “Fund”, and collectively, the “Funds”), are a Delaware statutory trust operating as an open-end management investment company or “mutual fund”, which is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), and whose shares are registered under the Securities Act of 1933, as amended (the “1933 Act”). We desire to issue one or more series or classes of our authorized but unissued shares of capital stock or beneficial interest (the “Shares”) to authorized persons in accordance with applicable Federal and State securities laws. The Fund’s Shares may be made available in one or more separate series, each of which may have one or more classes.

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