AMENDMENT
Exhibit 10.76
CONFIDENTIAL TREATMENT REQUESTED. *********** INDICATES OMITTED MATERIAL THAT IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST FILED SEPARATELY WITH THE COMMISSION. THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE COMMISSION.
A.N.:130339
AMD_00105603.0
AMENDMENT
Date of Amendment: December 10, 2013
AMENDMENT (this “Amendment”) to the Index License Agreement for Funds dated as of March 18, 2000 (the “Agreement”) by and between MSCI Inc. (formerly known as Xxxxxx Xxxxxxx Capital International Inc.) (“MSCI”) and BlackRock Institutional Trust Company, N.A. (formerly known as Barclays Global Investors, N.A.) (“Licensee”).
The parties acknowledge that the Agreement was previously amended by, among other amendments, that certain Amendment dated as of July 1, 2011 (the “Previous Amendment”). This Amendment shall supplement and operate in conjunction with the Previous Amendment. Capitalized terms used but not defined in this Amendment shall have the meanings ascribed to them in the Agreement or the Previous Amendment, as the case may be.
| 1. | Exhibit A of the Agreement is hereby amended to add the following Indexes: |
| • | *********** |
| • | *********** |
| • | *********** |
Or such other names as agreed by Licensee and MSCI in writing.
| 2. | Licensee may use the Indexes set forth in Section 1 above solely with respect to the following Funds (each, a “***********” and each *********** shall also be a “Fund” as such term is defined in the Agreement): |
| • | *********** |
| • | *********** |
| • | *********** |
Or such other names as agreed by Licensee and MSCI in writing.
The *********** shall be exchange traded index funds listed on a national securities exchange located in the United States.
| 3. | Fees payable with respect to the ***********: |
| a. | Definitions: |
As used in this Amendment, the following terms shall have the meanings set forth below:
“***********” means, for each ***********, the corresponding *********** set forth in the following table:
| *********** | *********** | |
| *********** | *********** | |
| *********** | *********** | |
| *********** | *********** |
“AUM” means, for any *********** or any ***********, *********** of such *********** or ***********.
“***********” means, for each ***********, the *********** of such *********** that ***********.
“***********” means, for each ***********, the *********** of such ***********.
For the avoidance of doubt, the ***********.
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| b. | Calculation of Fees: |
For each ***********, Licensee shall pay *********** to MSCI. Such *********** shall be determined with reference ***********. Specifically, the ***********.
Except for the ***********, ***********. All fees with respect to the ***********.
For the avoidance of doubt, ***********. By way of explanation, the parties believe that, because ***********.
The parties acknowledge and agree that the *********** of each *********** shall be used for purposes of ***********.
If the ***********, or if any *********** or any successor Amendment for any reason in ***********, then, notwithstanding anything to the contrary in this Amendment, from the date of such occurrence, Licensee shall pay ***********. If any ***********, the license fee for such ***********. For purposes of clarity, if ***********, but the ***********, the ***********, as set forth above, shall ***********.
| c. | Reporting: |
On a *********** basis, Licensee shall report to MSCI (i) the ***********, the ***********, the *********** and the *********** of each *********** separately and (ii) the *********** of each *********** separately. For the avoidance of doubt, if the *********** or the *********** of any *********** is any day other than the first day or last day (respectively) of ***********, then, in order to align any relevant payment schedule with the ***********, the ***********-based fees shall be pro-rated.
| 4. | Special Conditions: |
| a. | To the extent that this Amendment conflicts with the Agreement or the Previous Amendment, this Amendment shall control. No right or license of any kind is granted to Licensee except as expressly provided in the Agreement, the Previous Amendment and this Amendment. |
| b. | MSCI may terminate this Amendment with respect to any one or more of the Indexes set forth in Section 1 if, within one (1) year of the date of this Amendment, Licensee does not list a *********** that is based on such Indexes. |
| c. | If Licensee *********** any *********** or changes the *********** for such ***********, Licensee’s right to use the relevant Index set forth in Section 1 with respect to such *********** shall ***********. |
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| d. | This Amendment shall be governed by, and construed in accordance with, the laws of the State of New York without regard to its conflict or choice of laws principles. |
ACKNOWLEDGED AND AGREED
| LICENSEE: BlackRock Institutional Trust Company, N.A. | MSCI INC. | |||||||
| By | /s/ Xxxxxxx Xxxxx |
By | /s/ Xxxxx Xxxxxxxxxx | |||||
| Name | Xxxxxxx X. Xxxxx | Name | Xxxxx Xxxxxxxxxx | |||||
| Title | M. Director | Title | Executive Director | |||||
| Date | 12/10/13 | Date | Jan 14, 2014 | |||||
| LICENSEE: BlackRock Institutional Trust Company, N.A. | ||||||||
| By | /s/ Xxxxx Xxx |
|||||||
| Name | Xxxxx X. Xxx | |||||||
| Title | Director | |||||||
| Date | 12/10/13 | |||||||
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