BLACKROCK FLORIDA MUNICIPAL 2020 TERM TRUST (the “Fund”) File No. 811-21184 Item G.1.b.iii: New or amended investment advisory contracts

BLACKROCK FLORIDA MUNICIPAL 2020 TERM TRUST (the “Fund”)

File No. 811-21184

Item G.1.b.iii: New or amended investment advisory contracts

Attached please find a copy of the Closed-End Fund Master Advisory Fee Waiver Agreement between the Fund and BlackRock Advisors, LLC.

Closed-End Fund Master Advisory Fee Waiver Agreement

This MASTER ADVISORY FEE WAIVER AGREEMENT (this “Agreement”) is made as of the 2nd day of December, 2016, by and among BlackRock Advisors, LLC (the “Adviser”) an “Adviser”) and each investment company listed on Schedule A attached hereto (each, a “Fund”).

WHEREAS, each Fund is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as a closed-end management company, and is organized as a statutory trust under the laws of the State of Delaware, a limited liability company under the laws of the State of Delaware, a business trust under the laws of the Commonwealth of Massachusetts or a corporation under the laws of the State of Maryland;

WHEREAS, the Adviser and each Fund are parties to investment advisory agreements (the “Advisory Agreements”), pursuant to which the Adviser provides investment advisory services to each Fund in consideration of compensation as set forth in each Advisory Agreement (the “Advisory Fee”); and

WHEREAS, the Adviser has determined that it is appropriate and in the best interests of each Fund and its interestholders to waive part of each Fund’s Advisory Fee as set forth in Schedule B attached hereto (the “Fee Waiver”). Each Fund and the Adviser, therefore, have entered into this Agreement in order to effect the Fee Waiver for each Fund at the level specified in Schedule B attached hereto on the terms and conditions set forth in this Agreement.

NOW, THEREFORE, in consideration of the mutual covenants set forth herein and other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto agree as follows:

1. Contractual Fee Waiver. During the Term (as defined in Section 3 below), the Adviser shall waive a portion of its Advisory Fee with respect to each Fund as set forth in Schedule B attached hereto.

2. Voluntary Fee Waiver/Expense Reimbursement. Nothing herein shall preclude an Adviser from contractually waiving other fees and/or reimbursing expenses of any Fund, voluntarily waiving Advisory Fees it is entitled to from any Fund or voluntarily reimbursing expenses of any Fund as the Adviser, in its discretion, deems reasonable or appropriate. Any such voluntary waiver or voluntary expense reimbursement may be modified or terminated by the Adviser at any time in its sole and absolute discretion without the approval of the Fund’s Board of Trustees or Board of Directors, as the case may be.

3. Term; Termination.

3.1 Term. The term (“Term”) of the Fee Waiver with respect to a Fund shall begin on December 2, 2016 (or such other date as agreed to in writing between the Adviser and the Fund) and end with respect to a Fund after the close of business on the date set forth on Schedule A (or such other date as agreed to in writing between the Adviser and the Fund) unless the Fee Waiver is earlier terminated in accordance with Section 3.2. The Term of the Fee Waiver with respect to a Fund may be continued from year to year thereafter provided that each such continuance is specifically approved by the Adviser and the Fund (including with respect to the Fund, a

majority of the Fund’s Trustees or Directors, as the case may be, who are not “interested persons,” as defined in the 1940 Act, of the Advisers (the “Non-Interested Directors”)). Neither the Adviser nor a Fund shall be obligated to extend the Fee Waiver with respect to the Fund.

3.2 Termination. This Agreement may be terminated prior to expiration by any Fund with respect to such Fund without payment of any penalty, upon 90 days’ prior written notice to the Adviser at its principal place of business (or at an earlier date as may be agreed to by both parties); provided that, such action shall be authorized by resolution of a majority of the Non-Interested Directors of such Fund or by a vote of a majority of the outstanding voting securities of such Fund.

4. Miscellaneous.

4.1 Captions. The captions in this Agreement are included for convenience of reference only and in no other way define or delineate any of the provisions hereof or otherwise affect their construction or effect.

4.2 Interpretation. Nothing herein contained shall be deemed to require a Fund to take any action contrary to the Fund’s Declaration of Trust or Articles of Incorporation, as the case may be, or Bylaws, or any applicable statutory or regulatory requirement to which it is subject or by which it is bound, or to relieve or deprive the Fund’s Board of Trustees or Board of Directors, as the case may be, of its responsibility for and control of the conduct of the affairs of the Fund.

4.3 Limitation of Liability. The obligations and expenses incurred, contracted for or otherwise existing with respect to a Fund shall be enforced against the assets of such Fund and not against the assets of any other Fund.

4.4 Definitions. Any question of interpretation of any term or provision of this Agreement, including but not limited to the computations of average daily net assets or of any Advisory Fee, and the allocation of expenses, having a counterpart in or otherwise derived from the terms and provisions of the relevant Advisory Agreement between the Adviser and the Fund or the 1940 Act, shall have the same meaning as and be resolved by reference to such Advisory Agreement or the 1940 Act, as applicable, and to interpretations thereof, if any, by the United States Courts or in the absence of any controlling decision of any such Court, by rules, regulations or orders of the Securities and Exchange Commission (“SEC”) issued pursuant to the 1940 Act. In addition, if the effect of a requirement of the 1940 Act reflected in any provision of this Agreement is revised by rule, regulation or order of the SEC, that provision will be deemed to incorporate the effect of that rule, regulation or order. Otherwise the provisions of this Agreement will be interpreted in accordance with the substantive laws of the State of New York.

IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers as of the day and year first above written.

EACH OF THE FUNDS LISTED ON SCHEDULE A ATTACHED HERETO
By:		/s/ Xxxx X. Xxxxxxx
		Name: Xxxx X. Xxxxxxx
		Title:   Chief Financial Officer
BLACKROCK ADVISORS, LLC
By:		/s/ Xxxx X. Xxxxxxx
		Name: Xxxx X. Xxxxxxx
		Title:   Managing Director

[Signature page to Closed-End Fund Master Advisory Fee Waiver Agreement]

SCHEDULE A

Closed-End Fund Master Advisory Fee Waiver Agreement

(Dated as of November 16, 2018)

		TICKER		FUND		EXPIRATION DATE
1.		BBN		BlackRock Taxable Municipal Bond Trust		June 30, 2019
2.		BJZ		BlackRock California Municipal 2018 Term Trust		June 30, 2019
3.		BFZ		BlackRock California Municipal Income Trust		June 30, 2019
4.		BHK		BlackRock Core Bond Trust		June 30, 2019
5.		HYT		BlackRock Corporate High Yield Fund, Inc.		June 30, 2019
6.		BTZ		BlackRock Credit Allocation Income Trust		June 30, 2019
7.		DSU		BlackRock Debt Strategies Fund, Inc.		June 30, 2019
8.		BGR		BlackRock Energy and Resources Trust		June 30, 2019
9.		CII		BlackRock Enhanced Capital and Income Fund, Inc.		June 30, 2019
10.		BDJ		BlackRock Enhanced Equity Dividend Trust		June 30, 2019
11.		EGF		BlackRock Enhanced Government Fund, Inc.		June 30, 2019
12.		FRA		BlackRock Floating Rate Income Strategies Fund, Inc.		June 30, 2019
13.		BGT		BlackRock Floating Rate Income Trust		June 30, 2019
14.		BFO		BlackRock Florida Municipal 2020 Term Trust		June 30, 2019
15.		XXX		XxxxxXxxx Enhanced Global Dividend Trust		June 30, 2019
16.		BME		BlackRock Health Sciences Trust		June 30, 2019
17.		BKT		BlackRock Income Trust, Inc.		June 30, 2019
18.		BGY		BlackRock Enhanced International Dividend Trust		June 30, 2019
19.		BKN		BlackRock Investment Quality Municipal Trust, Inc.		June 30, 2019

		TICKER		FUND		EXPIRATION DATE
20.		BLW		BlackRock Limited Duration Income Trust		June 30, 2019
21.		BTA		BlackRock Long-Term Municipal Advantage Trust		June 30, 2019
22.		BZM		BlackRock Maryland Municipal Bond Trust		June 30, 2019
23.		MHE		BlackRock Massachusetts Tax-Exempt Trust		June 30, 2019
24.		BIT		BlackRock Multi-Sector Income Trust		June 30, 2019
25.		MUI		BlackRock Muni Intermediate Duration Fund, Inc.		June 30, 2019
26.		MNE		BlackRock Muni New York Intermediate Duration Fund, Inc.		June 30, 2019
27.		MUA		BlackRock MuniAssets Fund, Inc.		June 30, 2019
28.		BPK		BlackRock Municipal 2018 Term Trust		June 30, 2019
29.		BKK		BlackRock Municipal 2020 Term Trust		June 30, 2019
30.		BBK		BlackRock Municipal Bond Trust		June 30, 2019
31.		BAF		BlackRock Municipal Income Investment Quality Trust		June 30, 2019
32.		BBF		BlackRock Municipal Income Investment Trust		June 30, 2019
33.		BYM		BlackRock Municipal Income Quality Trust		June 30, 2019
34.		BFK		BlackRock Municipal Income Trust		June 30, 2019
35.		BLE		BlackRock Municipal Income Trust II		June 30, 2019
36.		BTT		BlackRock Municipal 2030 Target Term Trust		June 30, 2019
37.		MEN		BlackRock MuniEnhanced Fund, Inc.		June 30, 2019
38.		MUC		BlackRock MuniHoldings California Quality Fund, Inc.		June 30, 2019
39.		MUH		BlackRock MuniHoldings Fund II, Inc.		June 30, 2019
40.		MHD		BlackRock MuniHoldings Fund, Inc.		June 30, 2019
41.		MFL		BlackRock MuniHoldings Investment Quality Fund		June 30, 2019

		TICKER		FUND		EXPIRATION DATE
42.		MUJ		BlackRock MuniHoldings New Jersey Quality Fund, Inc.		June 30, 2019
43.		MHN		BlackRock MuniHoldings New York Quality Fund, Inc.		June 30, 2019
44.		MUE		BlackRock MuniHoldings Quality Fund II, Inc.		June 30, 2019
45.		MUS		BlackRock MuniHoldings Quality Fund, Inc.		June 30, 2019
46.		MVT		BlackRock MuniVest Fund II, Inc.		June 30, 2019
47.		MVF		BlackRock MuniVest Fund, Inc.		June 30, 2019
48.		MZA		BlackRock MuniYield Arizona Fund, Inc.		June 30, 2019
49.		MYC		BlackRock MuniYield California Fund, Inc.		June 30, 2019
50.		MCA		BlackRock MuniYield California Quality Fund, Inc.		June 30, 2019
51.		MYD		BlackRock MuniYield Fund, Inc.		June 30, 2019
52.		MYF		BlackRock MuniYield Investment Fund		June 30, 2019
53.		MFT		BlackRock MuniYield Investment Quality Fund		June 30, 2019
54.		MIY		BlackRock MuniYield Michigan Quality Fund, Inc.		June 30, 2019
55.		MYJ		BlackRock MuniYield New Jersey Fund, Inc.		June 30, 2019
56.		MYN		BlackRock MuniYield New York Quality Fund, Inc.		June 30, 2019
57.		MPA		BlackRock MuniYield Pennsylvania Quality Fund		June 30, 2019
58.		MQT		BlackRock MuniYield Quality Fund II, Inc.		June 30, 2019
59.		MYI		BlackRock MuniYield Quality Fund III, Inc.		June 30, 2019
60.		MQY		BlackRock MuniYield Quality Fund, Inc.		June 30, 2019
61.		BLJ		BlackRock New Jersey Municipal Bond Trust		June 30, 2019
62.		BNJ		BlackRock New Jersey Municipal Income Trust		June 30, 2019
63.		BLH		BlackRock New York Municipal 2018 Term Trust		June 30, 2019

		TICKER		FUND		EXPIRATION DATE
64.		BQH		BlackRock New York Municipal Bond Trust		June 30, 2019
65.		BSE		BlackRock New York Municipal Income Quality Trust		June 30, 2019
66.		BNY		BlackRock New York Municipal Income Trust		June 30, 2019
67.		BFY		BlackRock New York Municipal Income Trust II		June 30, 2019
68.		—		BlackRock Preferred Partners LLC		July 31, 2018
69.		BCX		BlackRock Resources & Commodities Strategy Trust		June 30, 2019
70.		BST		BlackRock Science and Technology Trust		June 30, 2019
71.		XXX		BlackRock Utilities, Infrastructure & Power Opportunities Trust		June 30, 2019
72.		BHV		BlackRock Virginia Municipal Bond Trust		June 30, 2019
73.		BSD		The BlackRock Strategic Municipal Trust		June 30, 2019
74.		BGIO		BlackRock 2022 Global Income Opportunity Trust		June 30, 2019
75.		—		BlackRock Multi-Sector Opportunities Trust1		June 30, 2019
76.		—		BlackRock Multi-Sector Opportunities Trust II2		June 30, 2020
77.		—		BlackRock Credit Strategies Fund3		June 30, 2020

¹  This Agreement was effective with respect to BlackRock Multi-Sector Opportunities Trust as of February 22, 2018.

²  This Agreement will be effective with respect to BlackRock Multi-Sector Opportunities Trust II upon the commencement of the Fund’s investment activities.

³  The registration statement of BlackRock Credit Strategies Fund has not been declared effective by the SEC, and the Fund has not commenced investment operations.

SCHEDULE B

Closed-End Fund Master Advisory Fee Waiver Agreement

(Dated as of December 2, 2016)

BlackRock Advisors, LLC will waive the management fee with respect to any portion of the Fund’s assets estimated to be attributable to investments in other equity and fixed-income mutual funds and exchange-traded funds managed by BlackRock Advisors, LLC or its affiliates.