0001752724-18-001756 Sample Contracts

BLACKROCK MASSACHUSETTS TAX-EXEMPT TRUST (the “Fund”) File No. 811-07660 Item G.1.b.iii: New or amended investment advisory contracts
Massachusetts Tax-Exempt Trust • November 13th, 2018 • Blackrock Massachusetts Tax-Exempt Trust

This MASTER ADVISORY FEE WAIVER AGREEMENT (this “Agreement”) is made as of the 2nd day of December, 2016, by and among BlackRock Advisors, LLC (the “Adviser”) an “Adviser”) and each investment company listed on Schedule A attached hereto (each, a “Fund”).

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