NEUBERGER BERMAN ALTERNATIVE FUNDS MANAGEMENT AGREEMENT SCHEDULE A SERIES OF NEUBERGER BERMAN ALTERNATIVE FUNDS
XXXXXXXXX XXXXXX ALTERNATIVE FUNDS
SCHEDULE A
SERIES OF XXXXXXXXX XXXXXX ALTERNATIVE FUNDS
Xxxxxxxxx Xxxxxx Absolute Return Multi-Manager Fund
Xxxxxxxxx Xxxxxx Global Allocation Fund
Xxxxxxxxx Xxxxxx Hedged Option Premium Strategy Fund
Xxxxxxxxx Xxxxxx Long Short Credit Fund
Xxxxxxxxx Xxxxxx Long Short Fund
Xxxxxxxxx Xxxxxx Multi-Asset Income Fund
Xxxxxxxxx Xxxxxx Multi-Style Premia Fund
Xxxxxxxxx Xxxxxx Risk Balanced Commodity Strategy Fund
Xxxxxxxxx Xxxxxx U.S. Equity Index PutWrite Strategy Fund
Date: March 7, 2018
XXXXXXXXX XXXXXX ALTERNATIVE FUNDS
MANAGEMENT AGREEMENT
MANAGEMENT AGREEMENT
SCHEDULE B
RATE OF COMPENSATION
Fund
|
Rate of Compensation based on each
Fund’s average daily net assets
|
Xxxxxxxxx Xxxxxx Absolute Return Multi-Manager Fund
|
1.700% of the first $250 million
1.675% of the next $250 million
1.650% of the next $250 million
1.625% of the next $250 million
1.600% of the next $500 million
1.575% of the next $2.5 billion
1.550% in excess of $4 billion
|
Xxxxxxxxx Xxxxxx Global Allocation Fund
|
0.550% of the first $1 billion
0.525% of the next $1 billion 0.500% in excess of $2 billion |
Xxxxxxxxx Xxxxxx Hedged Option Premium Strategy Fund
|
0.450%
|
Xxxxxxxxx Xxxxxx Long Short Credit Fund
|
0.550%
|
Xxxxxxxxx Xxxxxx Long Short Fund
|
1.200% of the first $250 million
1.175% of the next $250 million
1.150% of the next $250 million
1.125% of the next $250 million
1.100% of the next $500 million
|
1.075% of the next $2.5 billion
1.050% in excess of $4 billion
|
|
Xxxxxxxxx Xxxxxx Multi-Asset Income Fund
|
0.450% of the first $250 million
0.425% of the next $250 million
0.400% of the next $250 million
0.375% of the next $250 million
0.350% of the next $500 million
0.325% of the next $2.5 billion
0.300% in excess of $4 billion
|
Xxxxxxxxx Xxxxxx Multi-Style Premia Fund**
|
0.650%
|
Xxxxxxxxx Xxxxxx Risk Balanced Commodity Strategy Fund*
|
0.500% of the first $250 million
0.475% of the next $250 million
0.450% of the next $250 million
0.425% of the next $250 million
0.400% of the next $500 million
0.375% of the next $2.5 billion
0.350% in excess of $4 billion
|
Xxxxxxxxx Xxxxxx U.S. Equity Index PutWrite Strategy Fund
|
0.450%
|
*To the extent Xxxxxxxxx Xxxxxx Risk Balanced Commodity Strategy Fund (“Commodity Strategy Fund”) invests its assets in Xxxxxxxxx Xxxxxx Cayman Commodity Fund I Ltd., a wholly owned subsidiary of Commodity Strategy Fund, or in any other wholly owned subsidiary of Commodity Strategy Fund advised by the Manager (collectively, “Commodity Strategy Fund Subsidiary”), the amount of the advisory fee payable to the Manager under this Agreement as calculated pursuant to the Rate of Compensation set forth above will be reduced by the amount of any advisory fee that the Manager receives from the Commodity Strategy Fund Subsidiary. When calculating asset levels for purposes of determining the Rate of Compensation of Commodity Strategy Fund, asset levels are based on the average daily net assets of Commodity Strategy Fund, including the assets invested in the Commodity Strategy Fund Subsidiary.
**To the extent Xxxxxxxxx Xxxxxx Multi-Style Premia Fund (“Multi-Style Premia Fund”) invests its assets in Xxxxxxxxx Xxxxxx Cayman MSP Fund I Ltd., a wholly owned subsidiary of Multi-Style Premia Fund, or in any other wholly owned subsidiary of Multi-Style Premia Fund advised by the Manager (collectively, “Multi-Style Premia Fund Subsidiary”), the amount of the advisory fee payable to the Manager under this Agreement as calculated pursuant to the Rate of Compensation set forth above will be reduced by the amount of any advisory fee that the Manager receives from the Multi-Style Premia Fund Subsidiary. When calculating asset levels for purposes of determining the Rate of Compensation of Multi-Style Premia Fund, asset levels are based on the average daily net assets of Multi-Style Premia Fund, including the assets invested in the Multi-Style Premia Fund Subsidiary.
Date: March 7, 2018