0001193125-15-156684 Sample Contracts

SUB-INVESTMENT ADVISORY AGREEMENT
Sub-Investment Advisory Agreement • April 29th, 2015 • Blackrock Funds • Delaware

AGREEMENT dated , 2015, between BlackRock Advisors, LLC, a Delaware limited liability company (the “Advisor”), and BlackRock International Limited, a corporation organized under the laws of Scotland (the “Sub-Advisor”).

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SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 29th, 2015 • Blackrock Funds • Delaware

AGREEMENT dated as of , 2015, between BlackRock Advisors, LLC, a Delaware limited liability company (“Adviser”), and BlackRock (Singapore) Limited, a company incorporated under the laws of Singapore (“Sub-Adviser”).

AMENDED AND RESTATED SHAREHOLDERS’ ADMINISTRATIVE SERVICES AGREEMENT
Shareholders’ Administrative Services Agreement • April 29th, 2015 • Blackrock Funds

Agreement made as of May 30, 2014, by and between each registrant set forth in Appendix A (each, an “Investment Company” and collectively, the “Investment Companies”), and BlackRock Advisors, LLC (“BlackRock”), a Delaware corporation.

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