FORM OF SECOND AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENTExpense Limitation Agreement • December 22nd, 2011 • Blackrock Focus Growth Fund, Inc. • New York
This SECOND AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT (the “Agreement”), dated as of , by and between each registrant set forth in Annex 1, (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 A-1, Schedule B-1, Schedule C, Schedule D-1, Schedule E or Schedule F of this Agreement (collectively, the “Schedules”), and BlackRock Advisors, LLC (“BlackRock”) (as investment adviser or administrator to all Funds except for the series of Master Investment Portfolio and of BlackRock Funds III, respectively), BlackRock Institutional Trust Company, N.A. (“BTC”) (as administrator solely with respect to BlackRock Funds III), BlackRock Fund Advisors (as investment adviser solely with respect to the Master Investment Portfolio), and BlackRock Investments, LLC (the “Distributo
