Document:

msci-ex10146_25.htm

 

Exhibit 10.146

 

CONFIDENTIAL TREATMENT GRANTED. * * * * * * * * * * * 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_00208956.0

 

AMENDMENT

 

Date of Amendment: August 1, 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 Indexes:

	
 
	
•
	
 MSCI All Argentina 25/50 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, a “ * * * * * * * * * * * * * * * * * * * * * * * *” and each * * * * * * * * * * * * * * * * * * * * * * * ** shall also be a “Fund” as such term is defined in the Agreement):

	
 
	
•
	
 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ** 

 

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

 

The * * * * * * * * * * * * * * * * * * * * * * * * * 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:

 

		
	
AUM of the relevant Fund
	
Quarterly License Fee

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

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

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

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

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

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

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

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

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

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

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

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

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

 

 

A.N.: 130339

AMD_00208956.0

 

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  * * * * * * * * * * * * * * * * * * * * * * * * that is based on such Index.

 

	
 
	
c.
	
If Licensee delists a particular * * * * * * * * * * * * * * * * * * * * * * * * or changes the underlying Index for such * * * * * * * * * * * * * * * * * * * * * * * *, Licensee’s right to use the relevant Index set forth in Section 1 with respect to such * * * * * * * * * * * * * * * * * * * * * * * * 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-ex10148_6.htm

Exhibit 10.148

 

CONFIDENTIAL TREATMENT GRANTED. *********** 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_00213770.0

 

AMENDMENT

 

Date of Amendment: October 12, 2016

 

AMENDMENT to the Index License Agreement for Funds (internal MSCI reference IXF_00040) dated as of March 18, 2000 (the “Agreement”) by and between MSCI Inc. (formerly known as Morgan Stanley Capital International Inc.) (“MSCI”) and BlackRock Fund Advisors (as successor to Barclays Global Investors, N.A.) (“Licensee”), as previously amended.  Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Agreement.

 

WHEREAS, pursuant to the terms of the Amendment ****************************************** between MSCI and Licensee dated ***************** (the “Previous Amendment”) and the ******************************************************* between MSCI and Licensee dated **************, MSCI granted Licensee the right to use the MSCI index identified below as the basis for the Licensee Fund identified below in the United States: 

 

	
 
	
•
	
***********************************************, which seeks to track the investment results of the MSCI United Kingdom 100% Hedged to USD Index.

 

(The term “Fund” as used herein shall have the meaning ascribed to it in the Previous Amendment.)

 

WHEREAS, the parties wish to further amend the Agreement to allow for the cross-listing of the Licensee Funds identified above, as set forth below.

 

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

 

	
 
	
1.
	
Exhibit B of the Agreement is hereby amended to allow the Licensee Fund identified above to be listed and traded on the Mexican Stock Exchange (Bolsa Mexicana de Valores) (herein referred to as the “Mexican Listed Fund”) after such Fund is listed on a United States exchange.  The Mexican Listed Fund must be issued, sold and traded on a public basis in accordance with applicable Mexican securities law.  All other terms and restrictions contained in Exhibit B of the Agreement shall apply to the Mexican Listed Fund.  For the avoidance of doubt, the ************ set forth in the Previous Amendment shall apply with respect to the *******************.  For clarity, there shall be * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *  * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *.

 

	
 
	
2.
	
This Amendment is intended to amend and operate in conjunction with the Agreement and together this Amendment and the Agreement constitute the complete and exclusive statement of the agreement between the parties and supersede in full all prior proposals and understandings, oral or written, relating to the subject matter hereof.  To the extent that any terms of this Amendment conflict with any terms of the Agreement, the terms of 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.

 

	
 
	
3.
	
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. 

A.N.: 130339

AMD_00213770.0

 

	
LICENSEE: BlackRock Fund Advisors
	
 
	
MSCI Inc.
	
 

	
By
	
/s/ Diane Lunsey
	
 
	
By
	
/s/ Alex Gil

	
 
	
 
	
 
	
 
	
 

	
Name
	
Diane Lunsey
	
 
	
Name
	
Alex Gil

	
 
	
(printed)
	
 
	
 
	
(printed)

	
Title
	
Managing Director
	
 
	
Title
	
Executive Director

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00279-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00279-of-00352.parquet"}]]