AMENDMENT NO. 1 TO SUB-ADVISORY AGREEMENT NEUBERGER BERMAN ALTERNATIVE FUNDS
AMENDMENT NO. 1 TO
XXXXXXXXX XXXXXX ALTERNATIVE FUNDS
This amendment, dated January 1, 2014, by and among Xxxxxxxxx Xxxxxx Management LLC (“Manager”), NB Alternative Investment Management LLC, (“Adviser” and together with the Manager, the “NB Parties”) and Visium Asset Management, L.P. (“Sub-Adviser”), is made to the Sub-Advisory Agreement dated May 15, 2012 (the “Agreement”). Terms defined in the Agreement used herein as therein defined.
WHEREAS, the parties desire to amend the Agreement for purposes of changing the rate of compensation.
NOW, THEREFORE, in consideration of the promises and mutual covenants hereinafter contained, the parties agree as follows:
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1.
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Schedule B of the Agreement is hereby deleted in its entirety and replaced with the new Schedule B attached hereto.
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2.
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Except as modified hereby, all other terms and conditions of the Agreement shall remain in full force and effect.
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3.
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This Amendment may be executed in two or more counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same Amendment.
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VISIUM ASSET MANAGEMENT, X.X.
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XXXXXXXXX XXXXXX MANAGEMENT LLC
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By: /s/ Xxxx Xxxxxxxx
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By: /s/ Xxxxxx Xxxxx
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Name: Xxxx Xxxxxxxx
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Name: Xxxxxx Xxxxx
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Title: Authorized Signatory
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Title: President
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NB ALTERNATIVE INVESTMENT
MANAGEMENT LLC
By: /s/ Xxx Xxxx
Name: Xxx Xxxx
Title: Chief Operating Officer
XXXXXXXXX XXXXXX ALTERNATIVE FUNDS
SCHEDULE B
RATE OF COMPENSATION
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FUND
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RATE OF COMPENSATION BASED ON EACH
FUND'S AVERAGE DAILY NET ASSETS
ALLOCATED TO THE SUBADVISER
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Xxxxxxxxx Xxxxxx Absolute Return Multi-Manager Fund
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Date: January 1, 2014
