Exhibit 10.89

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_00134673.0

AMENDMENT

Date of Amendment: July 9, 2014

This 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 Emerging Markets Horizon Index

Or such other index(es) 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 Fund. This fund shall also be a “Fund” as such term is defined
in the Agreement:

 

  •  

iShares MSCI Emerging Markets Horizon ETF

Or such other name(s) as agreed by Licensee and MSCI in writing.

The iShares MSCI Emerging Markets Horizon ETF 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 for the Fund based on the
Fund’s

  ********************************** ***********, which fee shall be due and
payable on a

  ************************. 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 any Fund does not
have an ************* or if a Fund’s ********************************** or if a
Fund has an *********************, the ********* licensee fee for 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
expect as expressly provided in the Agreement and this Amendment.

 

  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 iShares MSCI Emerging Markets Horizon ETF that is based on the MSCI
Emerging Markets Horizon Index.

 

  c. If Licensee delists the iShares MSCI Emerging Markets Horizon ETF, or
changes the underlying Index for the iShares MSCI Emerging Markets Horizon ETF,
Licensee’s right to use the relevant Index set forth in Section 1 with respect
to such iShares MSCI Emerging Markets Horizon 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  

 

    Date  

August 8, 2014

 

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