Document:

msci-ex10143_1654.htm

 

Exhibit 10.143

 

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_00208225.0

 

AMENDMENT

 

Date of Amendment: June 15, 2016

 

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 USA ESG Focus Index

 

Or such other indexes 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 (each, an [“iShares MSCI USA ESG Optimized ETF”] and each iShares MSCI USA ESG Optimized ETF shall also be a “Fund” as such term is defined in the Agreement):

 

	
 
	
•
	
iShares MSCI USA ESG Optimized ETF

 

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

 

The iShares MSCI USA ESG Optimized ETF 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 * * * * * * * * based on * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *, which fee shall be calculated and payable on a  * * * * * * * * * * * * * * *. The * * * * * * * * * license fee shall be calculated * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *, as follows:

 

		
	
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A.N.: 130339

AMD_00208225.0

 

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

 

“Expense Ratio” shall mean the  * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *  when dividing  * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *  * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *.

 

Notwithstanding anything to the contrary contained herein, if any Fund  * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *  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 Amendment.

 

	
 
	
b.
	
MSCI may terminate this Amendment with respect to Index set forth in Section 1 if, within one (1) year of the date of this Amendment, Licensee does not list an iShares MSCI USA ESG Optimized ETF that is based on such Index.

 

	
 
	
c.
	
If Licensee delists a particular iShares MSCI USA ESG Optimized ETF or changes the underlying Index for such iShares MSCI USA ESG Optimized ETF, Licensee’s right to use the relevant Index set forth in Section 1 with respect to such iShares MSCI USA ESG Optimized 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/ Manish Mehta
	
 
	
By
	
/s/ Alex Gil

	
 
	
 
	
 
	
 
	
 

	
Name
	
Manish Mehta
	
 
	
Name
	
Alex Gil

	
 
	
 
	
 
	
 
	
 

	
Title
	
Managing Director
	
 
	
Title
	
Executive Director

	
 
	
 
	
 
	
 
	
 

	
Date
	
8/12/16
	
 
	
Date
	
Sep 6, 2016

 

 

2msci-ex10144_1653.htm

 

Exhibit 10.144

 

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.

AMD_00209563.0

THIS AMENDMENT (this “Amendment”) dated as of July 21, 2016 (the “Amendment Effective Date”) is made to the Amendment (internal MSCI reference number: AMD_00200775.0) dated as of February 29, 2016 (the “Previous Amendment”) by and between MSCI Inc. (“MSCI”) and BlackRock Fund Advisors (“Licensee”).  Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Previous Amendment.

WHEREAS, MSCI and Licensee entered into the Previous Amendment, which modifies the Index License Agreement for Funds (internal MSCI reference number: IXF_00040) dated as of March 18, 2000 (the “Agreement”);

WHEREAS, pursuant to the Previous Amendment, Licensee is authorized to use certain Indexes as the basis of certain Funds, which Indexes and Funds are identified as the “original Index” and the “original Fund name” in Attachment 1 hereto; and

WHEREAS, MSCI and Licensee wish to change the “original Index” and the “original Fund name”.

NOW, THEREFORE, in consideration of the mutual covenants set forth herein, each of MSCI and Licensee hereby agree to amend the Previous Amendment as follows:

	
1.
	
Commencing on the Amendment Effective Date, the Previous Amendment is hereby amended so that the “original Index” set forth in Attachment 1 hereto shall be deleted and replaced with the “revised Index” set forth in Attachment 1 hereto.

	
2.
	
Commencing on the Amendment Effective Date, the Previous Amendment is hereby amended so that the “original Fund name” set forth in Attachment 1 hereto shall be deleted and replaced with the “revised Fund name” set forth in Attachment 1 hereto.

	
3.
	
This Amendment amends and operates in conjunction with the Previous Amendment.  This Amendment and the Previous Amendment constitute the complete and exclusive statement of the agreement between the parties with respect to the subject matter hereof and supersede in full all prior proposals and understandings, oral or written, relating to such subject matter.  To the extent that the terms of this Amendment conflict with the terms of the Previous Amendment, the terms of this Amendment shall control.

	
4.
	
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.

	
5.
	
This Amendment may be executed in counterparts, which taken together, shall constitute one Amendment and each party hereto may execute this Amendment by signing such counterpart; provided that no party shall be bound hereby until the Amendment has been executed and delivered by all parties hereto.  A facsimile or PDF signature of either party to this Amendment shall be deemed an original signature of such party and shall manifest such party’s intention to be bound by this Amendment.

 

 

AMD_00209563.0

IN WITNESS WHEREOF, the parties have caused this Amendment to be executed as of the Amendment Effective Date set forth above.

 

		
	
MSCI Inc.
	
BlackRock Fund Advisors

 

					
	
By
	
/s/ Alex Gil
	
 
	
By
	
/s/ Manish Mehta

	
 
	
 
	
 
	
 
	
 

	
Name
	
Alex Gil
	
 
	
Name
	
Manish Mehta

	
 
	
 
	
 
	
 
	
 

	
Title
	
Executive Director
	
 
	
Title
	
Managing Director

	
 
	
 
	
 
	
 
	
 

 

2

AMD_00209563.0

Attachment 1

 

	
original Index
	
revised Index

	
MSCI EAFE ESG Select Index 
	
MSCI EAFE ESG Focus Index

	
MSCI EM ESG Select Index
	
MSCI EM ESG Focus Index

 

	
original Fund name
	
revised Fund name

	
*****************************************
	
iShares MSCI EAFE ESG Optimized ETF

	
*****************************************
	
iShares MSCI EM ESG Optimized ETF

 

 

3

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