AMENDMENT
Exhibit 10.95
CONFIDENTIAL TREATMENT REQUESTED. *********** INDICATES OMITTED MATERIAL THAT IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST FILED SEPARATELY WITH THE COMMISSION. THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE COMMISSION.
A.N.: 130339
AMD_00145581.0
AMENDMENT
Date of Amendment: September 22, 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”) is made by and between MSCI Inc. (formerly known as Morgan Stanley Capital International Inc.) (“MSCI”) and BlackRock Fund Advisors, a California corporation (as successor to 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 Index: |
| • | MSCI ACWI Low Carbon Target Index |
Or such other index as agreed by Licensee and MSCI in writing.
| 2. | Licensee may use the Index set forth in Section 1 above solely with respect to the following Licensee fund (which shall be a “Fund” as such term is defined in the Agreement): |
| • | iShares MSCI ACWI Low Carbon Target ETF |
Or such other names as agreed by Licensee and MSCI in writing.
The Fund shall be an exchange traded index fund listed on a national securities exchange located in the United States.
| 3. | Licensee shall pay MSCI a ********* license fee based on the Fund’s ************* ********************************, which fee shall be calculated and payable on a ********* basis. The ********* license fee shall be calculated *********** ***************************************************************************************************** ******************************************************************************************** ****************, as follows: |
*********************
*********************
*********************
For the avoidance of doubt, the ********* license fees shall be calculated *************. For example, ********************************************************************************************************* ********************************************************************************************************* ********************************************************************************************************* ********************************************************************************************************* ***********************************************************************************************.
“Expense Ratio” shall mean the ********************************* obtained when dividing *********************************************************************************************
*********************************************************************************************************** ******************************************************.
Notwithstanding anything to the contrary contained herein, if the Fund does not have an ************* or if a Fund’s ********************************** or if a Fund has an *********************, the ********* licensee fee for such Fund shall ***************************************************************************************************** *********.
| 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 Agreement. |
| b. | MSCI may terminate this Amendment with respect to the Index set forth in Section 1 if, within one (1) year of the date of this Amendment, Licensee does not list the Fund and/or the Fund is not based on the Index. |
| c. | If Licensee delists the Fund or changes the underlying MSCI index for the Fund, then Licensee’s right to use the Index with respect to the Fund shall automatically and immediately terminate. |
| d. | This Amendment shall be governed by, and constructed in accordance with, the laws of the State of New York without regard to its conflict or choice of laws principles. |
ACKNOWLEDGED AND AGREED
| LICENSED BlackRock Fund Advisors | MSCI Inc. | |||||||
| By | /s/ Paul C. Lohrey | By | /s/ David Kinzelberg | |||||
| Name | Paul C. Lohrey | Name | David Kinzelberg | |||||
| Title | Managing Director | Title | Executive Director | |||||
| Date | 10/29/2014 | Date | Nov 3, 2014 | |||||
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