FIRST AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENTExpense Limitation Agreement • June 30th, 2011 • Master Investment Portfolio • New York
This FIRST AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT (the “Agreement”), dated as of February 15, 2011, by and between BlackRock Funds, BlackRock Funds II, BlackRock Funds III, BlackRock Capital Appreciation Fund, Inc., BlackRock Large Cap Series Funds, Inc., Master Large Cap Series LLC, Quantitative Master Series LLC, Master Investment Portfolio, BlackRock Series Fund, Inc., BlackRock Focus Growth Fund, Inc., Master Focus Growth LLC, BlackRock Bond Fund, Inc., BlackRock Global Dynamic Equity Fund, BlackRock Liquidity Funds, BBIF Government Securities Fund, BBIF Tax-Exempt Fund, BBIF Treasury Fund, BBIF Money Fund, BlackRock Municipal Series Trust, BlackRock Focus Value Fund, Inc., BlackRock Index Funds, Inc., (each, a “Fund”, and collectively, the “Funds”) and, on behalf of each share class (each a “Share Class”, and collectively, the “Share Classes”) of each Fund, and its portfolios (if applicable) (each a “Portfolio”, and collectively, the “Portfolios”), set forth in Schedule
