Amendment No. 5 to the Administration Agreement
Exhibit 8(l)
Amendment No. 5 to the Administration Agreement
This Amendment No. 5 dated as of October 18, 2021 (the “Amendment”) to the Administration Agreement (as defined below) is entered into by and among BlackRock FundsSM, BlackRock Funds II, BlackRock Funds IV and BlackRock Funds V (collectively, the “Trusts”), each a Massachusetts business trust, BlackRock Advantage XXXX Cap Fund, Inc., BlackRock Large Cap Series Funds, Inc., BlackRock Bond Fund, Inc. and BlackRock Funds VII, Inc., each a Maryland corporation, and BlackRock Advisors, LLC (the “Administrator”), a Delaware limited liability company. Capitalized terms used herein and not otherwise defined shall have the meaning or meanings as set forth in the Administration Agreement.
WHEREAS, the Trusts, BlackRock Bond Fund, Inc., BlackRock Large Cap Series Funds, Inc. and BlackRock Advantage XXXX Cap Fund, Inc. (collectively, the “Existing Funds”) and the Administrator have entered into an Administration Agreement dated January 1, 2015 (the “Administration Agreement”), as amended, pursuant to which each of the Existing Funds retained the Administrator to provide certain administration services with respect to each Existing Fund and certain of their respective series;
WHEREAS, the Board of Directors of BlackRock Funds VII, Inc. (the “Corporation”), including a majority of those Directors who are not interested persons of the Corporation, approved the appointment of the Administrator to provide certain administration services to the Corporation and each series of the Corporation set forth in Schedule B as attached hereto (the “New Funds”) at a meeting held on September 21, 2021; and
WHEREAS, the parties desire to add the Corporation as a party to the Administration Agreement.
NOW, THEREFORE, the parties hereto, intending to be legally bound, hereby agree as follows:
1. Appointment. The Corporation hereby appoints the Administrator to act as the administrator of the Corporation and its series listed on Schedule B for the period and on the terms set forth in the Administration Agreement. The Administrator hereby accepts such appointment and agrees to render the services set forth in the Administration Agreement with respect to the Corporation and its series listed on Schedule B.
2. Capitalized Terms. From and after the date hereof, the terms “Trust” and “Fund” as used in the Administration Agreement shall be deemed to include the Corporation. From and after the date hereof, the terms “Trustees” and “Board of Trustees” as used in the Administration Agreement shall be deemed to include the Directors and Board of Directors, respectively, of the Corporation. From and after the date hereof, the term “Declaration of Trust” shall be deemed to include the Articles of Incorporation of the Corporation, as amended from time to time.
3. Schedule. Schedule B to the Administration Agreement shall be amended to add the Corporation and the New Funds so that Schedule B is amended and restated as attached hereto.
4. Compensation. The Administrator shall receive from each New Fund a fee pursuant to Schedule A of the Administration Agreement.
5. Miscellaneous.
| (a) | Except to the extent supplemented hereby, the Administration Agreement shall remain unchanged and in full force and effect, and is hereby ratified and confirmed in all respects as supplemented hereby. |
| (b) | The names “BlackRock FundsSM” and “Trustees of BlackRock FundsSM, “BlackRock Funds II” and “Trustees of BlackRock Funds II”, “BlackRock Funds IV” and “Trustees of BlackRock Funds IV”, and “BlackRock Funds V” and “Trustees of BlackRock Funds V” refer respectively to the applicable Trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust, as amended from time to time, which is hereby referred to and a copy of which is on file at the office of the Secretary of The Commonwealth of Massachusetts and at the principal office of the applicable Trust. The obligations of “BlackRock FundsSM”, “BlackRock Funds II”, “BlackRock Funds IV” and “BlackRock Funds V” entered into in the name or on behalf thereof by any of the Trustees, officers, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, Shareholders, officers, representatives or agents of the applicable Trust personally, but bind only the Trust Property, and all persons dealing with any Fund or class of Shares of the Trust must look solely to the Trust Property belonging to such Fund or class for the enforcement of any claims against the Trust. |
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to the Administration Agreement to be executed by their officers designated below as of the day and year first above written.
| BLACKROCK FUNDS VII, INC. on behalf of each BlackRock Funds VII, Inc. Fund listed on Schedule B | ||
| By: |
| |
| Name: | Xxxx Xxxxx | |
| Title: | Assistant Treasurer | |
| BLACKROCK BOND FUND, INC. on behalf of BlackRock Sustainable Total Return Fund | ||
| By: |
| |
| Name: | Xxxx Xxxxx | |
| Title: | Assistant Treasurer | |
| BLACKROCK ADVANTAGE XXXX CAP FUND, INC. | ||
| By: |
| |
| Name: | Xxxx Xxxxx | |
| Title: | Assistant Treasurer | |
| BLACKROCK FUNDSSM on behalf of each BlackRock FundsSM Fund listed on Schedule B | ||
| By: |
| |
| Name: | Xxxx Xxxxx | |
| Title: | Assistant Treasurer | |
| BLACKROCK FUNDS II on behalf of each BlackRock Funds II Fund listed on Schedule B | ||
| By: |
|
| Name: | Xxxx Xxxxx | |
| Title: | Assistant Treasurer | |
| BLACKROCK FUNDS IV on behalf of each BlackRock Funds IV Fund listed on Schedule B | ||
| By: |
| |
| Name: | Xxxx Xxxxx | |
| Title: | Assistant Treasurer | |
| BLACKROCK FUNDS V
on behalf of each BlackRock Funds V Fund listed on Schedule B | ||
| By: |
| |
| Name: | Xxxx Xxxxx | |
| Title: | Assistant Treasurer | |
| BLACKROCK LARGE CAP SERIES FUNDS, INC.
on behalf of each BlackRock Large Cap Series Funds, Inc. Fund listed on Schedule B | ||
| By: |
| |
| Name: | Xxxx Xxxxx | |
| Title: | Assistant Treasurer | |
| BLACKROCK ADVISORS, LLC | ||
| By: |
| |
| Name: | Xxxxx Xxxxxx | |
| Title: | Managing Director |
Schedule B
| Fund |
BLK Ticker | |
| BlackRock Bond Fund, Inc. |
||
| 1. BlackRock Sustainable Total Return Fund | TR-E-AG | |
| 2. BlackRock Advantage XXXX Cap Fund, Inc. | MF_VO | |
| BlackRock FundsSM |
||
| 3. BlackRock Advantage Emerging Markets Fund | BR_EMR-AGG | |
| 4. BlackRock Advantage ESG Emerging Markets Equity Fund | BR_EMR_ESG | |
| 5. BlackRock Advantage ESG International Equity Fund | BR_GO_ESG | |
| 6. BlackRock Advantage ESG U.S. Equity Fund | BR_IMPR3 | |
| 7. BlackRock Advantage International Fund | BR_GO_AG | |
| 8. BlackRock Advantage Large Cap Growth Fund | BR_FLEX_AG | |
| 9. BlackRock Advantage Small Cap Core Fund | BR_DSCC | |
| 10. BlackRock Advantage Small Cap Growth Fund | BR_SCGE | |
| 11. BlackRock China A Opportunities Fund | BR_CHOPS | |
| 12. BlackRock Commodity Strategies Fund | BR_CSF-AGG | |
| 13. BlackRock Cayman Commodity Strategies Fund, Ltd. | BR_CSF-CMN | |
| 14. BlackRock Defensive Advantage Emerging Markets Fund | BR_DAEM | |
| 15. BlackRock Defensive Advantage International Fund | BR_DAINTL | |
| 16. BlackRock Defensive Advantage U.S. Fund | BR_DAUS | |
| 17. BlackRock Energy Opportunities Fund | BR_ACGR | |
| 18. BlackRock Exchange Portfolio | BR_EXC | |
| 19. BlackRock Global Long/Short Equity Fund | BR_GLS-AGG | |
| 20. BlackRock Health Sciences Opportunities Portfolio | BR_HS | |
| 21. BlackRock High Equity Income Fund | BR_USOPP | |
| 22. BlackRock Infrastructure Sustainable Opportunities Fund | BR_ISOF | |
| 23. BlackRock International Dividend Fund | BR_ISCE | |
| 24. BlackRock Mid-Cap Growth Equity Portfolio | BR_MCGE | |
| 25. BlackRock Real Estate Securities Fund | BR_REIT-AG | |
| 26. BlackRock Short Obligations Fund | BR_SHOBLIG | |
| 27. BlackRock Tactical Opportunities Fund | BR_AA | |
| 28. BlackRock Technology Opportunities Fund | BR_GST | |
| 29. BlackRock Total Factor Fund | BR-SRA-AG | |
| 30. BlackRock Cayman Strategic Risk Allocation Fund, Ltd. | BR-SRA-CAY | |
| 31. BlackRock Wealth Liquid Environmentally Aware Fund | BR-MM | |
| BlackRock Funds II | ||
| 32. BlackRock 20/80 Target Allocation Fund | BR_CON | |
| 33. BlackRock 40/60 Target Allocation Fund | BR_MOD | |
| 34. BlackRock 60/40 Target Allocation Fund | BR_GRW | |
| 35. BlackRock 80/20 Target Allocation Fund | BR_AGR | |
| 36. BlackRock Dynamic High Income Portfolio | BR-DHI-AG | |
| 37. BlackRock Global Dividend Portfolio | BR-IBP-AG | |
| 38. BlackRock Managed Income Fund | BR-MI-AG | |
| 39. BlackRock Multi-Asset Income Portfolio | BR-INC-AG | |
| 40. BlackRock Retirement Income 2030 Fund | BR-RI2030 | |
| 41. BlackRock Retirement Income 2040 Fund | BR-RI2040 | |
| BlackRock Funds IV | ||
| 42. BlackRock Global Long/Short Credit Fund | BR-GC-AG | |
| 43. BlackRock Sustainable Advantage CoreAlpha Bond Fund | BR-IMPBD | |
| 44. BlackRock Systematic Multi-Strategy Fund | BR-SMS-AG | |
| BlackRock Funds V | ||
| 45. BlackRock Core Bond Portfolio | BR-CORE | |
| 46. BlackRock Emerging Markets Flexible Dynamic Bond Portfolio | BR-EMD | |
| 47. BlackRock Floating Rate Income Portfolio | BR-FRI | |
| 48. BlackRock GNMA Portfolio | BR-GNMA | |
| 49. BlackRock High Yield Bond Portfolio | BR-HIYLD | |
| 50. BlackRock Income Fund | BR-MSB-AGG | |
| 51. BlackRock Inflation Protected Bond Portfolio | BR-IP-AGG | |
| 52. BlackRock Low Duration Bond Portfolio | XX-XX-XXX | |
| 00. BlackRock Strategic Income Opportunities Portfolio | BR-SIP-AG | |
| 54. BlackRock Sustainable Emerging Markets Bond Fund | BR-EMDHD | |
| 55. BlackRock Sustainable High Yield Bond Fund | BR-SUSHI | |
| 56. BlackRock Sustainable Low Duration Bond Fund | BR-SUSLO | |
| 57. BlackRock U.S. Government Bond Portfolio | BR-INTG | |
| 58. BlackRock Sustainable International Equity Fund | BR_SUSINTL | |
| 59. BlackRock Sustainable U.S. Growth Equity Fund | BR_SUSGRO | |
| 60. BlackRock Sustainable U.S. Value Equity Fund | BR_SUSVAL | |
| BlackRock Large Cap Series Funds, Inc. | ||
| 61. BlackRock Advantage Large Cap Core Fund | FF_LCC | |
| 61. BlackRock Advantage Large Cap Value Fund | MF_LCV | |
Schedule B, dated October 18, 2021
