Exhibit 4(b) SUB-INVESTMENT ADVISORY AGREEMENT AGREEMENT dated September 29, 2006, between BlackRock Advisors, LLC, a Delaware limited liability corporation (the "Advisor"), and BlackRock Investment Management, LLC, a Delaware corporation (the...Sub-Investment Advisory Agreement • September 28th, 2006 • Merrill Lynch Multi State Municipal Series Trust • New York
Exhibit 4(a) INVESTMENT MANAGEMENT AGREEMENT AGREEMENT, dated September 29, 2006, between BlackRock Multi-State Municipal Series Trust, a Massachusetts business trust (the "Trust"), on behalf of BlackRock New York Municipal Bond Fund (the "Fund"), a...Investment Management Agreement • September 28th, 2006 • Merrill Lynch Multi State Municipal Series Trust • New York
