0001193125-06-196698 Sample Contracts

INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • September 26th, 2006 • Merrill Lynch Global Value Fund Inc • New York

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

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

AGREEMENT dated September 29, 2006, between BlackRock Advisors, LLC, a Delaware limited liability company (the “Advisor”), and BlackRock Asset Management U.K. Limited, a corporation organized under the laws of England and Wales (the “Sub-Advisor”).

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