BlackRock Alternatives Allocation FB TEI Portfolio LLC Sample Contracts

BlackRock Alternatives Allocation FB TEI Portfolio LLC Limited Liability Company Agreement August 26, 2011
Limited Liability Company Agreement • March 8th, 2012 • BlackRock Alternatives Allocation FB TEI Portfolio LLC • Delaware

THIS LIMITED LIABILITY COMPANY AGREEMENT of BLACKROCK ALTERNATIVES ALLOCATION FB TEI PORTFOLIO LLC, is made as of August 26, 2011 and shall be effective as of this date.

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AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • July 10th, 2013 • BlackRock Alternatives Allocation FB TEI Portfolio LLC • New York

EXPENSE LIMITATION AGREEMENT, dated as of June 6, 2013, by and between BlackRock Advisors, LLC ("BlackRock") and BlackRock Alternatives Allocation FB TEI Portfolio LLC (the "Fund").

SUB-INVESTMENT ADVISORY AGREEMENT
Sub-Investment Advisory Agreement • March 8th, 2012 • BlackRock Alternatives Allocation FB TEI Portfolio LLC • New York
INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • March 8th, 2012 • BlackRock Alternatives Allocation FB TEI Portfolio LLC • New York

AGREEMENT, dated _______________, 2012, among the following parties, each of which is a Delaware limited liability company: BlackRock Alternatives Allocation FB TEI Portfolio LLC (the "Feeder Fund"), BlackRock Alternatives Allocation Master Portfolio LLC (the "Master Fund," together with the Feeder Fund, the "Funds"), and BlackRock Advisors, LLC (the "Advisor"), a Delaware limited liability company.

SUBSCRIPTION AGREEMENT
Subscription Agreement • March 8th, 2012 • BlackRock Alternatives Allocation FB TEI Portfolio LLC

THIS SUBSCRIPTION AGREEMENT is entered into as of the __ day of ______, 2012, between [Fund], a limited liability company organized and existing under the laws of Delaware (the "Fund"), and [ ] (the "Purchaser").

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