THIRD AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENTExpense Limitation Agreement • July 27th, 2012 • Blackrock Funds • New York
This THIRD AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT (the “Agreement”), dated as of July 1, 2012 by and between each registrant set forth in Annex 1, (each, a “Fund”, and collectively, the “Funds”) and, on behalf of each share class (each a “Share Class”, and collectively, the “Share Classes”) of each Fund, and its portfolios (if applicable) (each a “Portfolio”, and collectively, the “Portfolios”), set forth in Schedule A-1, Schedule B-1, Schedule C, Schedule D-1, Schedule E or Schedule F of this Agreement (collectively, the “Schedules”), and BlackRock Advisors, LLC (“BlackRock”) (as investment adviser to all Funds except for Master Investment Portfolio or as administrator to certain Funds), BlackRock Fund Advisors (as investment adviser solely with respect to the Master Investment Portfolio), and BlackRock Investments, LLC (the “Distributor”) (solely with respect to those Funds set forth in Schedule B). (For purposes of this Agreement, Funds with no series will be referred to
