Cma Tax Exempt Fund/ Sample Contracts

ARTICLE I

Administration Agreement • September 19th, 2002 • Cma Tax Exempt Fund/ • New York

• Contract Type
  Administration Agreement
• Filed
  September 19th, 2002
• Company
  Cma Tax Exempt Fund/
• Jurisdiction
  New York

ADMINISTRATION AGREEMENT

Administration Agreement • July 27th, 2007 • Cma Tax Exempt Fund/ • New York

• Contract Type
  Administration Agreement
• Filed
  July 27th, 2007
• Company
  Cma Tax Exempt Fund/
• Jurisdiction
  New York

AGREEMENT, dated September 29, 2006, between CMA Tax-Exempt Fund (the “Fund”), a Massachusetts business trust, and BlackRock Advisors, LLC (the “Administrator”), a Delaware limited liability company.