Common use of Use of the Name BlackRock Clause in Contracts

Use of the Name BlackRock. The Advisor has consented to the use by the Trust and the LLC of the name or identifying word “BlackRock” in the name of the Trust and the LLC. Such consent is conditioned upon the employment of the Advisor as the investment advisor to the LLC. The name or identifying word “BlackRock” may be used from time to time in other connections and for other purposes by the Advisor and any of its affiliates. The Advisor may require the Trust and the LLC to cease using “BlackRock” in the name of the Trust and the LLC, if the LLC ceases to employ, for any reason, the Advisor, any successor thereto or any affiliate thereof as investment advisor of the LLC. If so required by the Advisor, each of the Trust and the LLC will cease using “BlackRock” in its name as promptly as practicable and make all reasonable efforts to remove “BlackRock” from its name including calling a special meeting of shareholders.