Common use of Asset Management Incorporated Clause in Contracts

Asset Management Incorporated. (attach to form of Sub-Advisory Agreement) The following annual rates will apply under Section 5(a) of the proposed Investment Sub-Advisory Agreement by and among Highland Capital Management Fund Advisors, L.P. (formerly, Pyxis Capital, L.P., and formerly Highland Funds Asset Management, L.P.), Highland Funds II (formerly, Pyxis Funds II, and formerly Highland Funds II), on behalf of its series named below, and GE Asset Management Incorporated: Name of Fund Sub-Advisory Fee (annual rate) Asset Allocation Fund

Asset Management Incorporated. (attach to form of Sub-Advisory Agreement) The following annual rates will apply under Section 5(a) of the proposed Investment Sub-Advisory Agreement by and among Highland Capital Management Fund Advisors, L.P. (formerly, Pyxis Capital, L.P.L.P, and formerly Highland Funds Asset Management, L.P.), Highland Funds II (formerly, Pyxis Funds II, and formerly Highland Funds II), on behalf of its series named below, and GE Asset Management Incorporated: Name of Fund Sub-Advisory Fee (annual rate) Asset Allocation Fund

Asset Management Incorporated. (attach to form of Sub-Advisory Agreement) The following annual rates will apply under Section 5(a) of the proposed Investment Sub-Advisory Agreement by and among Highland Capital Management Fund Advisors, L.P. (formerly, Pyxis Capital, L.P., and formerly Highland Funds Asset Management, L.P.), Highland Funds II (formerly, Pyxis Funds II, and formerly Highland Funds IIto be renamed from GE Funds), on behalf of its series named below, and GE Asset Management Incorporated: Name of Fund Sub-Advisory Fee (annual rate) Asset Allocation FundEquity Funds