SUB-ADVISORY AGREEMENTSub-Advisory Agreement • January 28th, 2011 • Blackrock Funds • New York
Contract Type FiledJanuary 28th, 2011 Company JurisdictionAGREEMENT dated _________________, 2010 (this “Agreement”), between BlackRock Advisors, LLC, a Delaware limited liability company (the “Advisor”), and BlackRock International Limited, a corporation organized under the laws of Scotland (the “Sub-Advisor”).