Common use of Enhanced Regulatory Administration Services Clause in Contracts

Enhanced Regulatory Administration Services. Attend Board and Committee meetings (in person or telephonically) and prepare initial draft of meeting minutes for review and comment. Circulate draft to fund counsel and other trust representatives and incorporate revisions provided by others into draft, upload final draft minutes to online document repository. • Prepare draft written consents, as requested, based on information provided by trust representatives and/or fund counsel. Circulate final written consent to trustees for execution and collation and loading of signatures received into online document repository. • Draft routine registration Statement Supplements, including preparation of initial draft and reasonable cooperation with fund counsel and trust representatives to incorporate edits provided by others and coordinate printing and delivery of such items. Note: Assumes subject matter contained within supplement is sufficiently routine such that SEI’s role is limited to administrative task of creating initial draft based on a template for review by fund counsel (e.g. portfolio manager changes, address changes, portfolio holdings policy disclosure changes) • Prepare annual updates of post-effective amendments, including preparation of initial draft and reasonable cooperation with fund counsel and trust representatives to incorporate edits provided by others and coordinate printing and delivery of such items. • Prepare and file Rule 17g-1 fidelity2 Bond filing upon receipt of required information from trust representatives and coordinate printing and delivery of such items. • Prepare initial draft of manager change information statements, coordinate with fund counsel and trust representatives to incorporate edits provided by others and coordinate printing and delivery of such items. • Prepare draft Quarterly Repurchase Offer filings for Interval Funds (i.e. N-23C3A filings) for review and comment; circulate draft to fund counsel and other trust representatives and incorporate revisions provided by others into draft and coordinate printing and delivery of such items. • Draft proxy ballots, agenda, script and minutes for annual shareholder meetings; circulate draft shareholder meeting minutes to fund counsel and other trust representatives and incorporate revisions provided by others into draft and coordinate printing and delivery of such items. Prepare initial draft of proxy statements3; circulate draft to fund counsel and other trust representatives and incorporate revisions provided by others into draft. ***

Enhanced Regulatory Administration Services. Attend Board and Committee meetings (in person or telephonically) and prepare initial draft of meeting minutes for review and comment. Circulate draft to fund counsel and other trust representatives and incorporate revisions provided by others into draft, upload final draft minutes to online document repository. • Prepare draft written consents, as requested, based on information provided by trust representatives and/or fund counsel. Circulate final written consent to trustees for execution and collation and loading of signatures received into online document repository. • Prepare annual updates of post-effective amendments filed pursuant to Securities Act Rule 485(b), including preparation of initial draft and reasonable cooperation with fund counsel and trust representatives to incorporate edits provided by others and coordinate printing and delivery of such items. • Open-end Funds: Annual Summary Prospectus Update Annual Statutory Prospectus Update Annual Statement of Additional Information (SAI) Update XBRL filing associated with annual 485(b) SEI – 266168 THIS DOCUMENT CONSTITUTES CONFIDENTIAL INFORMATION OF SEI GLOBAL SERVICES, INC. • Draft routine registration Statement Supplements, including preparation of initial draft and reasonable cooperation with fund counsel and trust representatives to incorporate edits provided by others others, and coordinate printing and delivery of such items. Note: Assumes subject matter contained within supplement is sufficiently routine such that SEI’s role is limited to administrative task of creating initial draft based on a template for review by fund counsel (e.g. portfolio manager changes, address changes, portfolio holdings policy disclosure changes) • Prepare annual updates of post-effective amendments, including preparation of initial draft and reasonable cooperation with fund counsel and trust representatives to incorporate edits provided by others and coordinate printing and delivery of such items. • Prepare and file Rule 17g-1 fidelity2 fidelity Bond filing upon receipt of required information from trust representatives and coordinate printing and delivery of such itemsrepresentatives. • Prepare initial draft of manager change information statements, coordinate with fund counsel and trust representatives to incorporate edits provided by others and coordinate printing and delivery of such items. • Draft proxy ballots, agenda, script and minutes for shareholder meetings as applicable; circulate draft minutes to fund counsel and other trust representatives and incorporate revisions provided by others into draft. Prepare initial draft Quarterly Repurchase Offer filings for Interval Funds (i.e. N-23C3A filings) for review and commentof proxy statements; circulate draft to fund counsel and other trust representatives and incorporate revisions provided by others into draft and coordinate printing and delivery of such items. • Draft proxy ballots, agenda, script and minutes for annual shareholder meetings; circulate draft shareholder meeting minutes to fund counsel and other trust representatives and incorporate revisions provided by others into draft and coordinate printing and delivery of such items. Prepare initial draft of proxy statements3; circulate draft to fund counsel and other trust representatives and incorporate revisions provided by others into draft. **** Highland Funds I and II Sub-Administration Agreement Page 5 of 5 SEI – 266168 THIS DOCUMENT CONSTITUTES CONFIDENTIAL INFORMATION OF SEI GLOBAL SERVICES, INC. SCHEDULE III Notice Instruction Form TO WHOM NOTICES SHOULD BE SENT PURSUANT TO SECTION 12.08 OF THE AGREEMENT: Name of Party or Parties: Highland Capital Management Fund Advisors, L.P. Name of Contact: Legal and/or R-Operations Address: 000 Xxxxxxxx Xxxxx, Xxxxx 000 Xxxxxx, Xxxxx 00000 Telephone No.: 000-000-0000 Facsimile No.: 000-000-0000 Email Address: X-Xxxxxxxxxx@xxxxx.xxx Highland Funds I and II Sub-Administration Agreement Page 1 of 1 SEI – 266168

Enhanced Regulatory Administration Services. Attend Board and Committee meetings (in person or telephonically) and prepare initial draft of meeting minutes for review and comment. Circulate draft to fund counsel and other trust representatives and incorporate revisions provided by others into draft, upload final draft minutes to online document repository. • Prepare draft written consents, as requested, based on information provided by trust representatives and/or fund counsel. Circulate final written consent to trustees for execution and collation and loading of signatures received into online document repository. • Prepare annual updates of post-effective amendments filed pursuant to Securities Act Rule 485(b), including preparation of initial draft and reasonable cooperation with fund counsel and trust representatives to incorporate edits provided by others and coordinate printing and delivery of such items. • Open-end Funds: Annual Summary Prospectus Update Annual Statutory Prospectus Update Annual Statement of Additional Information (SAI) Update XBRL filing associated with annual 485(b) • Draft routine registration Statement Supplements, including preparation of initial draft and reasonable cooperation with fund counsel and trust representatives to incorporate edits provided by others others, and coordinate printing and delivery of such items. Note: Assumes subject matter contained within supplement is sufficiently routine such that SEI’s role is limited to administrative task of creating initial draft based on a template for review by fund counsel (e.g. portfolio manager changes, address changes, portfolio holdings policy disclosure changes) • Prepare annual updates of post-effective amendments, including preparation of initial draft and reasonable cooperation with fund counsel and trust representatives to incorporate edits provided by others and coordinate printing and delivery of such items. • Prepare and file Rule 17g-1 fidelity2 fidelity Bond filing upon receipt of required information from trust representatives and coordinate printing and delivery of such itemsrepresentatives. SEI – 266109 THIS DOCUMENT CONSTITUTES CONFIDENTIAL INFORMATION OF SEI GLOBAL SERVICES, INC. • Prepare initial draft of manager change information statements, coordinate with fund counsel and trust representatives to incorporate edits provided by others and coordinate printing and delivery of such items. • Draft proxy ballots, agenda, script and minutes for shareholder meetings as applicable; circulate draft minutes to fund counsel and other trust representatives and incorporate revisions provided by others into draft. Prepare initial draft Quarterly Repurchase Offer filings for Interval Funds (i.e. N-23C3A filings) for review and commentof proxy statements; circulate draft to fund counsel and other trust representatives and incorporate revisions provided by others into draft and coordinate printing and delivery of such items. • Draft proxy ballots, agenda, script and minutes for annual shareholder meetings; circulate draft shareholder meeting minutes to fund counsel and other trust representatives and incorporate revisions provided by others into draft and coordinate printing and delivery of such items. Prepare initial draft of proxy statements3; circulate draft to fund counsel and other trust representatives and incorporate revisions provided by others into draft. **** Highland Funds I and II Administration Agreement Page 5 of 5 SEI – 266109 THIS DOCUMENT CONSTITUTES CONFIDENTIAL INFORMATION OF SEI GLOBAL SERVICES, INC. SCHEDULE III Notice Instruction Form TO WHOM NOTICES SHOULD BE SENT PURSUANT TO SECTION 12.08 OF THE AGREEMENT: Name of Party or Parties: Highland Funds I and Highland Funds II Name of Contact: Legal and/or R-Operations Address: 000 Xxxxxxxx Xxxxx, Xxxxx 000 Xxxxxx, Xxxxx 00000 Telephone No.: 000-000-0000 Facsimile No.: 000-000-0000 Email Address: X-Xxxxxxxxxx@xxxxx.xxx Highland Funds I and II Administration Agreement Page 1 of 1 SEI – 266109

Enhanced Regulatory Administration Services. Attend Board and Committee meetings (in person or telephonically) and prepare initial draft of meeting minutes for review and comment. Circulate draft to fund counsel and other trust representatives and incorporate revisions provided by others into draft, upload final draft minutes to online document repository. • Prepare draft written consents, as requested, based on information provided by trust representatives and/or fund counsel. Circulate final written consent to trustees for execution and collation and loading of signatures received into online document repository. • Prepare annual updates of post-effective amendments filed pursuant to Securities Act Rule 485(b), including preparation of initial draft and reasonable cooperation with fund counsel and trust representatives to incorporate edits provided by others • Open-end Funds: Annual Summary Prospectus Update Annual Statutory Prospectus Update Annual Statement of Additional Information (SAI) Update XBRL filing associated with annual 485(b) • Draft routine registration Statement Supplements, including preparation of initial draft and reasonable cooperation with fund counsel and trust representatives to incorporate edits provided by others and coordinate printing and delivery of such items. Note: Assumes subject matter contained within supplement is sufficiently routine such that SEI’s role is limited to administrative task of creating initial draft based on a template for review by fund counsel (e.g. portfolio manager changes, address changes, portfolio holdings policy disclosure changes) • Prepare annual updates of post-effective amendments, including preparation of initial draft and reasonable cooperation with fund counsel and trust representatives to incorporate edits provided by others and coordinate printing and delivery of such items. items • Prepare and file Rule 17g-1 fidelity2 fidelity Bond filing upon receipt of required information from trust representatives and coordinate printing and delivery of such items. • Prepare initial draft of manager change information statements, coordinate with fund counsel and trust representatives to incorporate edits provided by others and coordinate printing and delivery of such items. SEI – 266135 THIS DOCUMENT CONSTITUTES CONFIDENTIAL INFORMATION OF SEI GLOBAL SERVICES,INC. • Draft proxy ballots, agenda, script and minutes for shareholder meetings as applicable; circulate draft minutes to fund counsel and other trust representatives and incorporate revisions provided by others into draft. Prepare initial draft Quarterly Repurchase Offer filings for Interval Funds (i.e. N-23C3A filings) for review and commentof proxy statements1; circulate draft to fund counsel and other trust representatives and incorporate revisions provided by others into draft and coordinate printing and delivery of such items. • Draft proxy ballots, agenda, script and minutes for annual shareholder meetings; circulate draft shareholder meeting minutes to fund counsel and other trust representatives and incorporate revisions provided by others into draft and coordinate printing and delivery of such items. Prepare initial draft of proxy statements3; circulate draft to fund counsel and other trust representatives and incorporate revisions provided by others into draft. **** 1 Each request to draft a proxy statement is subject to a mutually agreed upon work order. SEI – 266135 THIS DOCUMENT CONSTITUTES CONFIDENTIAL INFORMATION OF SEI GLOBAL SERVICES,INC. SCHEDULE III Notice Instruction Form TO WHOM NOTICES SHOULD BE SENT PURSUANT TO SECTION 12.08 OF THE AGREEMENT: Name of Party or Parties: Highland Funds I Name of Contact: Legal and/or R-Operations Address: 000 Xxxxxxxx Xxxxx, Xxxxx 000 Xxxxxx, Xxxxx 00000 Telephone No.: 000-000-0000 Facsimile No.: 000-000-0000 Email Address: X-Xxxxxxxxxx@xxxxx.xxx SEI – 266135