0000891092-13-000494 Sample Contracts

SUB-INVESTMENT ADVISORY AGREEMENT

Sub-Investment Advisory Agreement • January 22nd, 2013 • BlackRock Variable Series Funds, Inc. • New York

• Contract Type
  Sub-Investment Advisory Agreement
• Filed
  January 22nd, 2013
• Company
  BlackRock Variable Series Funds, Inc.
• Jurisdiction
  New York

AGREEMENT dated [_________], 2012, between BlackRock Advisors, LLC, a Delaware limited liability company (the “Adviser”), and BlackRock (Hong Kong) Limited, a corporation organized under the laws of Hong Kong (the “Sub-Adviser”).

Amendment No. 1 to the Sub-Advisory Agreement

Sub-Advisory Agreement • January 22nd, 2013 • BlackRock Variable Series Funds, Inc.

• Contract Type
  Sub-Advisory Agreement
• Filed
  January 22nd, 2013
• Company
  BlackRock Variable Series Funds, Inc.

This Amendment dated as of [_______], 2012 is entered into by and between BlackRock Advisors, LLC, a Delaware limited liability company (the “Adviser”), and BlackRock Financial Management, Inc., a Delaware corporation (the “Sub-Adviser”).

SUB-INVESTMENT ADVISORY AGREEMENT

Sub-Investment Advisory Agreement • January 22nd, 2013 • BlackRock Variable Series Funds, Inc. • New York

• Contract Type
  Sub-Investment Advisory Agreement
• Filed
  January 22nd, 2013
• Company
  BlackRock Variable Series Funds, Inc.
• Jurisdiction
  New York

AGREEMENT dated [_______], 2012, between BlackRock Advisors, LLC, a Delaware limited liability company (the “Adviser ”), and BlackRock International Limited, a corporation organized under the laws of Scotland (the “Sub-Adviser ”).