0001193125-21-299869 Sample Contracts

SUB-INVESTMENT ADVISORY AGREEMENT
Sub-Investment Advisory Agreement • October 15th, 2021 • BlackRock Funds V • 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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SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • October 15th, 2021 • BlackRock Funds V • Delaware

AGREEMENT dated as of , 2021, between BlackRock Advisors, LLC, a Delaware limited liability company (“Adviser”), and BlackRock (Singapore) Limited, a company incorporated under the laws of Singapore (“Sub-Adviser”).

Addendum No. 2 to the Investment Advisory Agreement
Investment Advisory Agreement • October 15th, 2021 • BlackRock Funds V

This Addendum No. 2 to the Investment Advisory Agreement, dated as of , 2021, is entered into by and between BlackRock Funds V, a Massachusetts business trust (the “Fund”), and BlackRock Advisors, LLC, a Delaware limited liability company (the “Adviser”).

Amendment No. 4 to the Administration Agreement
Administration Agreement • October 15th, 2021 • BlackRock Funds V

This Amendment No. 4 dated as of October 15, 2021 (the “Amendment”) to the Administration Agreement (as defined below) is entered into by and among BlackRock FundsSM, BlackRock Funds II, BlackRock Funds IV and BlackRock Funds V (collectively, the “Trusts”), each a Massachusetts business trust, BlackRock Advantage SMID Cap Fund, Inc., BlackRock Bond Fund, Inc. and BlackRock Large Cap Series Funds, Inc., each a Maryland corporation, and BlackRock Advisors, LLC (the “Administrator”), a Delaware limited liability company. Capitalized terms used herein and not otherwise defined shall have the meaning or meanings as set forth in the Administration Agreement.

PURCHASE AGREEMENT
Purchase Agreement • October 15th, 2021 • BlackRock Funds V

BlackRock Funds V (the “Registrant”), a Massachusetts business trust, on behalf of its series BlackRock Sustainable Low Duration Bond Fund (the “Fund”), and BlackRock Financial Management, Inc. (the “Purchaser”), a Delaware corporation, hereby agree as follows:

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