0001193125-06-195893 Sample Contracts

INVESTMENT MANAGEMENT AGREEMENT

Investment Management Agreement • September 25th, 2006 • Merrill Lynch Developing Capital Markets Fund Inc • New York

• Contract Type
  Investment Management Agreement
• Filed
  September 25th, 2006
• Company
  Merrill Lynch Developing Capital Markets Fund Inc
• Jurisdiction
  New York

AGREEMENT, dated September 29, 2006, between BlackRock Developing Capital Markets Fund, Inc. (the “Fund”), a Maryland corporation, and BlackRock Advisors, LLC (the “Advisor”), a Delaware limited liability company.

SUB-INVESTMENT ADVISORY AGREEMENT

Sub-Investment Advisory Agreement • September 25th, 2006 • Merrill Lynch Developing Capital Markets Fund Inc • New York

• Contract Type
  Sub-Investment Advisory Agreement
• Filed
  September 25th, 2006
• Company
  Merrill Lynch Developing Capital Markets Fund Inc
• Jurisdiction
  New York

AGREEMENT dated September 29, 2006, between BlackRock Advisors, LLC, a Delaware limited liability company (the “Advisor”), and BlackRock Asset Management U.K. Limited, a corporation organized under the laws of England and Wales (the “Sub-Advisor”).