Exhibit 10.92

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 00136364.0

AMENDMENT

Date of Amendment: September 9, 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 Indexes:

 

  •  

MSCI World ex USA Momentum Index

  •  

MSCI World ex USA Sector Neutral Quality Index

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 Licensee funds (each, a “World ex USA Factor ETF” and each
World ex USA Factor ETF shall also be a “Fund” as such term is defined in the
Agreement):

 

  •  

iShares MSCI International Developed Momentum Factor ETF

  •  

iShares MSCI International Developed Quality Factor ETF

Or such other names as agreed by Licensee and MSCI in writing.

The World ex USA Factor 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 ********* basis. The ********* license fee shall be calculated
*********************************************************************
******************************************************************************************************
************************, as follows:

********************

********************

********************

For the avoidance of doubt, the ********* license fees shall be calculated
*************. For example,
***************************************************************************************************
*****************************************************************************************************
****************************************************************************************************
*****************************************************************************************************
****************************************************************************************************
**************.

 

1

--------------------------------------------------------------------------------

“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 ***************************************************** such Fund
shall equal
***********************************************************************************.

 

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 Indexes set forth in
Section 1 if, within one (1) year of the date of this Amendment, Licensee does
not list a World ex USA Factor ETF that is based on such Index.

 

  (c) If Licensee, delists a particular World ex USA Factor ETF or changes the
underlying Index for such World ex USA Factor ETF, Licensee’s right to use the
relevant Index set forth in Section 1 with respect to such World ex USA Factor
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 Fund Advisors     MSCI Inc. By:  

/s/ Ravi Goutam

    By:  

/s/ David Kinzelberg

Name  

Ravi Goutam

    Name  

David Kinzelberg

Title  

Managing Director

    Title  

Executive Director

Date  

10/9/14

    Date  

10/11/2014

 

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