Exhibit 99.(P) SUBSCRIPTION AGREEMENT THIS SUBSCRIPTION AGREEMENT is entered into as of the 11th day of September, 2003, between BlackRock Municipal 2020 Term Trust, a statutory trust organized and existing under the laws of Delaware (the "Trust"),...Subscription Agreement • September 24th, 2003 • Blackrock Municipal 2020 Term Trust
] Shares Common Shares ($.001 Par Value)Blackrock Municipal 2020 Term Trust • September 24th, 2003 • New York
Exhibit 99.(g)(2) SUB-INVESTMENT ADVISORY AGREEMENT AGREEMENT dated as of September 11, 2003, between BlackRock Municipal 2020 Term Trust, a Delaware statutory trust (the "Trust"), BlackRock Advisors, Inc. a Delaware corporation (the "Advisor"), and...Sub-Investment Advisory Agreement • September 24th, 2003 • Blackrock Municipal 2020 Term Trust • New York
Exhibit 99.(g)(1) INVESTMENT MANAGEMENT AGREEMENT AGREEMENT, dated September 11, 2003, between BlackRock Municipal 2020 Term Trust (the "Trust"), a Delaware statutory trust, and BlackRock Advisors, Inc. (the "Advisor"), a Delaware corporation....Investment Management Agreement • September 24th, 2003 • Blackrock Municipal 2020 Term Trust • New York
