Exhibit 4(b) SUB-INVESTMENT ADVISORY AGREEMENT AGREEMENT dated September 29, 2006, between BlackRock Advisors, LLC, a Delaware limited liability company (the "Advisor"), and BlackRock Investment Management LLC, a Delaware limited liability company...Sub-Investment Advisory Agreement • September 27th, 2006 • Merrill Lynch Utilities & Telecommunications Fund Inc • New York
Exhibit 4(a) INVESTMENT MANAGEMENT AGREEMENT AGREEMENT, dated September 29, 2006, between BlackRock Utilities and Telecommunications Fund, Inc. (the "Fund"), a Maryland corporation, and BlackRock Advisors, LLC (the "Advisor"), a Delaware limited...Investment Management Agreement • September 27th, 2006 • Merrill Lynch Utilities & Telecommunications Fund Inc • New York
