Amendment to the Index License Agreement for Funds, dated as of January 23, 2014, by and between MSCI Inc. (formerly, Morgan Stanley Capital International Inc.) and BlackRock Institutional Trust Company, N.A. (formerly, Barclays Global Investors, N.A.)
Exhibit 10.82
*** INDICATES CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT THAT HAVE BEEN OMITTED PURSUANT TO ITEM 601(B) OF REGULATION S-K BECAUSE THE IDENTIFIED CONFIDENTIAL PORTIONS (I) ARE NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED.
A.N.:130339
AMD_00119879.0
AMENDMENT
Date of Amendment: January 23, 2014
AMENDMENT (this “Amendment”) to the Index License Agreement for Funds (MSCI reference number IXF_00040) dated as of March 18, 2000 (as previously amended, the “Agreement”) by and between MSCI Inc. (formerly known as Morgan Stanley Capital International Inc.) (“MSCI”) and BlackRock Institutional Trust Company, N.A. (formerly known as Barclays Global Investors, N.A.) (“Licensee”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Agreement.
|
| 1. | Exhibit A of the Agreement is hereby amended to add the following Indexes: |
|
| • | MSCI Europe Investable Market Index (IMI) |
|
| • | MSCI Pacific Investable Market Index (IMI) |
Or such other indexes as agreed by Licensee and MSCI in writing
|
| 2. | Licensee may use the Indexes set forth in Section 1 above solely with respect to the following Funds (each, an “IMI ETF” and each IMI ETF shall also be a “Fund” as such term is defined in the Agreement): |
|
| • | iShares MSCI Europe ETF |
|
| • | iShares MSCI Pacific ETF |
Or such other names as agreed by Licensee and MSCI in writing.
The IMI ETFs shall be exchange traded index funds listed on a national securities exchange located in the United States.
|
| 3. | Licensee shall pay MSCI a ********* license fee per Fund based on each Fund’s |
*********************************************, which fee shall be calculated and payable on a
***************. The ********* license fee shall be calculated
************************************************************************************************************************************************************************************************************************************, as follows:
*********************
**********************
*********************
“Expense Ratio” shall mean the ********************************* obtained when dividing***************************************************************************************************************************************************************************************************************************************************************.
Notwithstanding anything to the contrary contained herein, if any Fund does not have an ************* or if a Fund’s
********************************** or if a Fund has an *********************, the ********* licensee fee for such Fund shall
*****************************************************************************************.
1/2
|
| 4. | Special Conditions: |
|
| a. | To the extent that this Amendment conflicts with the Agreement, this Amendment shall control. No right or license of any kind is granted to Licensee except as expressly provided in the Agreement and this Amendment. |
|
| b. | MSCI may terminate this Amendment with respect to any one or more of the Indexes set forth in Section 1 if, within one (1) year of the date of this Amendment, Licensee does not list an IMI ETF that is based on such Indexes. |
|
| c. | If Licensee delists any IMI ETF or changes the underlying Index for such IMI ETF, Licensee’s right to use the relevant Index set forth in Section 1 with respect to such IMI ETF shall automatically and immediately terminate. |
|
| d. | This Amendment shall be governed by, and construed in accordance with, the laws of the State of New York without regard to its conflict or choice of laws principles. |
ACKNOWLEDGED AND AGREED
| LICENSEE: BlackRock Institutional Trust Company, N.A. |
| MSCI INC. | ||
| By | /s/ Paul C. Lohrey |
| By | /s/ David Kinzelberg |
| Name | Paul C. Lohrey |
| Name | David Kinzelberg |
| Title | M. Director |
| Title | Executive Director |
| Date | 3/19/2014 |
| Date | Mar 26, 2014 |
2/2
