0001193125-21-256033 Sample Contracts

SUB-INVESTMENT ADVISORY AGREEMENT
Sub-Investment Advisory Agreement • August 25th, 2021 • Blackrock Emerging Markets Fund, Inc. • Delaware

This SUB-INVESTMENT ADVISORY AGREEMENT dated , 2021 (this “Agreement”), 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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