0001193125-06-196667 Sample Contracts

SUB-INVESTMENT ADVISORY AGREEMENT
Sub-Investment Advisory Agreement • September 26th, 2006 • Merrill Lynch Global Smallcap Fund Inc • New York

AGREEMENT dated September 29, 2006, between BlackRock Advisors, LLC, a Delaware limited liability company (the “Advisor”), and BlackRock Investment Management LLC, a Delaware limited liability company (the “Sub-Advisor”).

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INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • September 26th, 2006 • Merrill Lynch Global Smallcap Fund Inc • New York

AGREEMENT, dated September 29, 2006, between BlackRock Global SmallCap Fund, Inc. (the “Fund”), a Maryland corporation, and BlackRock Advisors, LLC (the “Advisor”), a Delaware limited liability company.

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