0000891092-12-002972 Sample Contracts

Amendment No. 1 to the Investment Management Agreement
Investment Management Agreement • May 24th, 2012 • Blackrock Mid Cap Value Opportunities Series Inc.

This Amendment No. 1 to the Investment Management Agreement dated as of June 1, 2011 (the “Amendment”) is entered into by and between BlackRock Mid Cap Value Opportunities Series, Inc., a Maryland corporation (the “Corporation”), on behalf of BlackRock Mid Cap Value Opportunities Fund (the “Fund”), a series of the Corporation, and BlackRock Advisors, LLC, a Delaware limited liability company (the “Advisor”).

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