0000891092-11-006771 Sample Contracts

SUB-ADVISORY AGREEMENT

Sub-Advisory Agreement • October 6th, 2011 • Blackrock Funds • Delaware

• Contract Type
  Sub-Advisory Agreement
• Filed
  October 6th, 2011
• Company
  Blackrock Funds
• Jurisdiction
  Delaware

AGREEMENT dated as of , 2011, between BlackRock Advisors, LLC, a Delaware limited liability company (“Adviser”), and BlackRock Fund Advisors, a California corporation (“Sub-Adviser”).

PURCHASE AGREEMENT

Purchase Agreement • October 6th, 2011 • Blackrock Funds

• Contract Type
  Purchase Agreement
• Filed
  October 6th, 2011
• Company
  Blackrock Funds

BlackRock FundsSM (the “Fund”), a Massachusetts business trust, and BlackRock Investments, LLC (“BRIL”), a Delaware limited liability company, hereby agree as follows: