EX-10.72



 Exhibit 10.72 

CONFIDENTIAL TREATMENT GRANTED. *********** INDICATES OMITTED MATERIAL THAT HAS BEEN GRANTED CONFIDENTIAL TREATMENT BY THE COMMISSION. THE OMITTED MATERIAL
HAS BEEN FILED SEPARATELY WITH THE COMMISSION. 
 A.N.:130339 

AMD_00105603.0 
 AMENDMENT

 Date of Amendment: December 10, 2013 
 AMENDMENT
(this “Amendment”) to the Index License Agreement for Funds dated as of March 18, 2000 (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”). 

The parties acknowledge that the Agreement was previously amended by, among other amendments, that certain Amendment dated as of July 1, 2011 (the
“Previous Amendment”). This Amendment shall supplement and operate in conjunction with the Previous Amendment. Capitalized terms used but not defined in this Amendment shall have the meanings ascribed to them in the Agreement or the
Previous Amendment, as the case may be. 
  

	1.	Exhibit A of the Agreement is hereby amended to add the following Indexes: 

  

	 	•	 	MSCI Japan 100% Hedged to USD Index 

  

	 	•	 	MSCI Germany 100% Hedged to USD Index 

  

	 	•	 	MSCI EAFE 100% Hedged to USD Index 

 Or such other names 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, a “Hedged ETF” and each Hedged ETF shall also be a “Fund” as such term
is defined in the Agreement): 

  

	 	•	 	iShares Currency Hedged MSCI Japan ETF 

  

	 	•	 	iShares Currency Hedged MSCI Germany ETF 

  

	 	•	 	iShares Currency Hedged MSCI EAFE ETF 

 Or such other names as agreed by Licensee and MSCI in
writing. 
 The Hedged ETF shall be exchange traded index funds listed on a national securities exchange located in the
United States. 
  

	3.	Fees payable with respect to the Hedged ETF: 

  

	 	a.	Definitions: 

 As used in this Amendment, the following terms shall have the meanings set
forth below: 
 “***********” means, for each ***********, the corresponding *********** set forth in the following table:

  

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

 “AUM” means, for any *********** or any ***********, *********** of such *********** or
***********. 
 “***********” means, for each ***********, the *********** of such *********** that ***********. 

“***********” means, for each ***********, the *********** of such ***********. 

For the avoidance of doubt, the ***********. 

  
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	 	b.	Calculation of Fees: 

 For each ***********, Licensee shall pay *********** to MSCI. Such
*********** shall be determined with reference ***********. Specifically, the ***********. 
 Except for the ***********, ***********. All
fees with respect to the ***********. 
 For the avoidance of doubt, ***********. By way of explanation, the parties believe that, because
***********. 
 The parties acknowledge and agree that the *********** of each *********** shall be used for purposes of ***********. 

If the ***********, or if any *********** or any successor Amendment for any reason in ***********, then, notwithstanding anything to the
contrary in this Amendment, from the date of such occurrence, Licensee shall pay ***********. If any ***********, the license fee for such ***********. For purposes of clarity, if ***********, but the ***********, the ***********, as set forth
above, shall ***********. 
  

	 	c.	Reporting: 

 On a *********** basis, Licensee shall report to MSCI (i) the
***********, the ***********, the *********** and the *********** of each *********** separately and (ii) the *********** of each *********** separately. For the avoidance of doubt, if the *********** or the *********** of any *********** is
any day other than the first day or last day (respectively) of ***********, then, in order to align any relevant payment schedule with the ***********, the ***********-based fees shall be pro-rated. 

 

	4.	Special Conditions: 

  

	 	a.	To the extent that this Amendment conflicts with the Agreement or the Previous Amendment, this Amendment shall control. No right or license of any kind is granted to Licensee except as expressly provided in the
Agreement, the Previous Amendment 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 a *********** that is based
on such Indexes. 

  

	 	c.	If Licensee *********** any *********** or changes the *********** for such ***********, Licensee’s right to use the relevant Index set forth in Section 1 with respect to such *********** shall ***********.



  
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	 	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/ Timothy Meyer
				By		 /s/ David Kinzelberg

	Name		Timothy M. Meyer				Name		David Kinzelberg
	Title		M. Director				Title		Executive Director
	Date		12/10/13				Date		Jan 14, 2014
				
	LICENSEE: BlackRock Institutional Trust Company, N.A.						
					
	By		 /s/ Jenni Lee
						
	Name		Jenni A. Lee						
	Title		Director						
	Date		12/10/13						


  
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