0000891092-12-007502 Sample Contracts

SUB-ADVISORY AGREEMENT

Sub-Advisory Agreement • December 19th, 2012 • Blackrock Funds • Delaware

• Contract Type
  Sub-Advisory Agreement
• Filed
  December 19th, 2012
• Company
  Blackrock Funds
• Jurisdiction
  Delaware

AGREEMENT dated as of December , 2012, between BlackRock Advisors, LLC, a Delaware limited liability company (“Adviser”), and BlackRock Fund Advisors, a California corporation (“Sub-Adviser”).

PURCHASE AGREEMENT

Purchase Agreement • December 19th, 2012 • Blackrock Funds

• Contract Type
  Purchase Agreement
• Filed
  December 19th, 2012
• Company
  Blackrock Funds

BlackRock FundsSM (the “Fund”), a Massachusetts business trust, and BlackRock Holdco 2, Inc. (“Holdco 2”), a Delaware corporation, hereby agree as follows: