0001752724-19-002690 Sample Contracts

BLACKROCK MUNIYIELD CALIFORNIA FUND, INC. (the “Fund”) File No. 811-06499 Item G.1.b.iii: New or amended investment advisory contracts
Master Advisory Fee Waiver Agreement • January 25th, 2019 • Blackrock Muniyield California Fund, Inc. • New York

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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