Appendix A to OPERATING EXPENSES LIMITATION AGREEMENT As Amended 5/29/15 Separate Series of Hatteras Alternative Mutual Funds Trust
Appendix A
As Amended 5/29/15
Separate Series of Hatteras Alternative Mutual Funds Trust
| Series and Class | Operating Expense Limit |
| Hatteras Alpha Hedged Strategies Fund – No Load | 2.99% |
| Hatteras Alpha Hedged Strategies Fund – Class A | 3.49% |
| Hatteras Alpha Hedged Strategies Fund – Class C | 4.24% |
| Hatteras Alpha Hedged Strategies Fund – Institutional Class | 2.99% |
| Hatteras Long/Short Equity Fund – Class A | 2.99% |
| Hatteras Long/Short Equity Fund – Institutional Class | 2.49% |
| Hatteras Long/Short Debt Fund – Class A | 2.99% |
| Hatteras Long/Short Debt Fund – Class C | 3.74% |
| Hatteras Long/Short Debt Fund – Institutional Class | 2.49% |
| Hatteras Hedged Strategies Fund – Institutional Class | 2.25% |
| Hatteras Managed Futures Strategies Fund – Class A | 2.99% |
| Hatteras Managed Futures Strategies Fund – Institutional Class | 2.49% |
| Hatteras Event Driven Fund – Class H | 2.00% |
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By: ______________________
Name: J. Xxxxxxx Xxxxxx
Title: Secretary
HATTERAS FUNDS, LLC
By: ______________________
Name: J. Xxxxxxx Xxxxxx
Title: Chief Operating Officer
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