Blackrock Municipal Bond Fund, Inc. Sample Contracts

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EXHIBIT B
Investment Advisory Agreement • October 4th, 2004 • Merrill Lynch Municipal Bond Fund Inc • New York
FORM OF INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • October 31st, 1995 • Merrill Lynch Municipal Bond Fund Inc • New York
ARTICLE I
Custody Agreement • October 31st, 1995 • Merrill Lynch Municipal Bond Fund Inc • New York
DISTRIBUTION AGREEMENT
Distribution Agreement • October 28th, 2008 • Blackrock Municipal Bond Fund, Inc. • New York

AGREEMENT made as of the 1st day of October, 2008, by and between each of the investment companies listed on Exhibit A, attached hereto, as such Exhibit may be amended from time to time (each a “Fund,” and collectively the “Funds”), severally and not jointly, and BLACKROCK INVESTMENTS, INC., a Delaware corporation (the “Distributor”).

INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • October 29th, 2009 • Blackrock Municipal Bond Fund, Inc. • New York

AGREEMENT, dated October 27, 2006, between BlackRock Municipal Bond Fund, Inc. (the “Corporation”), a Maryland corporation, on behalf of BlackRock Municipal Insured Fund, BlackRock National Municipal Fund and BlackRock Short-Term Municipal Fund (each a “Fund” and together the “Funds”), and BlackRock Advisors, LLC (the “Advisor”), a Delaware limited liability corporation.

Form of Amendment No. 1 to the Investment Management Agreement
Investment Management Agreement • October 28th, 2016 • Blackrock Municipal Bond Fund, Inc.

This Amendment No. 1 to the Investment Management Agreement dated as of November 1, 2016 (the “Amendment”) is entered into by and between BlackRock Municipal Bond Fund, Inc., a Maryland corporation (the “Corporation”), on behalf of its series, BlackRock High Yield Municipal Fund (the “Fund”), and BlackRock Advisors, LLC, a Delaware limited liability company (the “Advisor”).

Amendment No. 2 to the Investment Management Agreement
Investment Management Agreement • October 26th, 2017 • Blackrock Municipal Bond Fund, Inc.

This Amendment No. 2 to the Investment Management Agreement dated as of June 12, 2017 (the “Amendment”) is entered into by and between BlackRock Municipal Bond Fund, Inc., a Maryland corporation (the “Corporation”), on behalf of its series, BlackRock National Municipal Fund and BlackRock Short-Term Municipal Fund (each, a “Fund” and together, the “Funds”), and BlackRock Advisors, LLC, a Delaware limited liability company (the “Advisor”).

Amendment No. 1 to the Investment Management Agreement
Investment Management Agreement • October 28th, 2016 • Blackrock Municipal Bond Fund, Inc.

This Amendment No. 1 to the Investment Management Agreement dated as of October 1, 2015 (the “Amendment”) is entered into by and between BlackRock Municipal Bond Fund, Inc., a Maryland corporation (the “Corporation”), on behalf of its series, BlackRock National Municipal Fund (the “Fund”), and BlackRock Advisors, LLC, a Delaware limited liability company (the “Advisor”).

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