MANAGEMENT FEE WAIVER AGREEMENT NEUBERGER BERMAN ETF TRUST NEUBERGER BERMAN GROWTH ETF
XXXXXXXXX XXXXXX ETF TRUST
XXXXXXXXX XXXXXX GROWTH ETF
0000 Xxxxxx xx xxx Xxxxxxxx
New York, New York 10104
December 4, 2024
Xxxxxxxxx Xxxxxx Investment Advisers LLC
0000 Xxxxxx xx xxx Xxxxxxxx
New York, New York 10104
Dear Ladies and Gentlemen:
Xxxxxxxxx Xxxxxx Growth ETF (the “Fund”) is a series of Xxxxxxxxx Xxxxxx ETF Trust, a Delaware statutory trust (“Trust”).
Xxxxxxxxx Xxxxxx Investment Advisers LLC (the “Manager”) xxxxxx agrees, that from December 11, 2024 until August 31, 2026 (“Limitation Period”) to waive 0.13% per annum, of the average daily net assets of the investment advisory fee (“Fee Waiver”) charged
pursuant to the Management Agreement between the Manager and the Trust, on behalf of the Fund. For the avoidance of doubt, this Fee Waiver is in addition to Expense Limitation Agreement dated as of December 4, 2024
between the Manager and the Trust, on behalf of the Fund.
You understand that you shall look only to the assets attributable to the Fund for performance of this
Agreement and for payment of any claim you may have hereunder, and neither any other series of the Trust, nor any of the Trust’s trustees, officers, employees, agents, or shareholders, whether past, present or future, shall be personally liable
therefor.
This Agreement is made and to be performed principally in the State of New York, and except insofar as the Investment Company Act of 1940, as amended, or other federal laws and
regulations may be controlling, this Agreement shall be governed by, and construed and enforced in accordance with, the internal laws of the State of New York. Any amendment to this Agreement shall be in writing signed by the parties hereto,
and requires the approval of the Board of Trustees of the Trust, including a majority of the Trustees who are not “interested persons” of the Trust as that term is defined in the Investment Company Act of 1940. This Agreement supersedes any prior
agreement with respect to the subject matter hereof as of December 11, 2024.
If you are in agreement with the foregoing, please sign the form of acceptance on the enclosed counterpart
hereof and return the same to us.
Very truly yours,
XXXXXXXXX XXXXXX ETF TRUST,
on behalf of
XXXXXXXXX XXXXXX GROWTH ETF
| By: | /s/ Xxxxxx X. Xxxxx |
| Title: | President and Chief Executive Officer |
The foregoing Agreement is hereby accepted as of December 4, 2024.
XXXXXXXXX XXXXXX INVESTMENT ADVISERS LLC
| By: | /s/ Xxxxxx X. Xxxxx |
| Title: | President and Chief Investment Officer – Equities |
