0001193125-15-306354 Sample Contracts

Amendment No. 2 to the Investment Management Agreement
Investment Management Agreement • August 28th, 2015 • Managed Account Series

This Amendment No. 2 to the Investment Management Agreement dated as of June 1, 2015 (the “Amendment”) is entered into by and between Managed Account Series, a Delaware statutory trust (the “Trust”), on behalf of BlackRock U.S. Mortgage Portfolio (the “Fund”), a series of the Trust, and BlackRock Advisors, LLC, a Delaware limited liability company (the “Advisor”).

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