W I T N E S S E T H: ----------------------------Investment Advisory Agreement • August 21st, 1998 • Muniholdings California Insured Fund Iii Inc • New York
PURCHASE AGREEMENT ------------------Purchase Agreement • August 21st, 1998 • Muniholdings California Insured Fund Iii Inc • Maryland
Revised October 29, 1990 [LOGO] MERRILL LYNCH & CO. MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED MERRILL LYNCH WORLD HEADQUARTERS NORTH TOWER WORLD FINANCIAL CENTER NEW YORK, N.Y. 10281-1305 STANDARD DEALER AGREEMENT -------------------------...Standard Dealer Agreement • August 21st, 1998 • Muniholdings California Insured Fund Iii Inc • New York
