0000891092-13-004623 Sample Contracts

SUB-INVESTMENT ADVISORY AGREEMENT
Sub-Investment Advisory Agreement • May 16th, 2013 • Blackrock Funds • Delaware

AGREEMENT dated , 2013, between BlackRock Advisors, LLC, a Delaware limited liability company (the “Advisor”), and BlackRock International Limited, a corporation organized under the laws of Scotland (the “Sub-Advisor”).

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SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • May 16th, 2013 • Blackrock Funds • Delaware

AGREEMENT dated as of , 2013, between BlackRock Advisors, LLC, a Delaware limited liability company (“Adviser”), and BlackRock (Singapore) Limited, a corporation organized under the laws of Singapore (“Sub-Adviser”).

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • May 16th, 2013 • Blackrock Funds • Delaware

AGREEMENT made as of , 2013 between BLACKROCK CAYMAN EMERGING MARKET ALLOCATION FUND, LTD., a Cayman Islands exempt company (the “Fund”), and BLACKROCK ADVISORS, LLC, a Delaware limited liability company (the “Adviser”).

BLACKROCK FUNDS Addendum No. 9 to the Investment Advisory Agreement
Investment Advisory Agreement • May 16th, 2013 • Blackrock Funds

This Addendum dated as of the day of , 2013 is entered into by and between BLACKROCK FUNDS, a Massachusetts business trust (the “Fund”) and BLACKROCK ADVISORS, LLC, a Delaware limited liability company (the “Adviser”).

PURCHASE AGREEMENT
Purchase Agreement • May 16th, 2013 • Blackrock Funds

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

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