SCHEDULE A The Series of Income Managers Trust currently subject to this Agreement are as follows: Neuberger & Berman Cash Reserves Portfolio Neuberger & Berman Government Money Portfolio Neuberger & Berman Limited Maturity Bond Portfolio Neuberger &...

                      XXXXXXXXX & XXXXXX MANAGEMENT INCORPORATED
                                SUB-ADVISORY AGREEMENT

                                     SCHEDULE A

              The Series of Income Managers Trust currently subject to this
     Agreement are as follows:


     Xxxxxxxxx & Xxxxxx Cash Reserves Portfolio
     Xxxxxxxxx & Xxxxxx Government Money Portfolio
     Xxxxxxxxx & Xxxxxx Limited Maturity Bond Portfolio
     Xxxxxxxxx & Xxxxxx Municipal Money Portfolio
     Xxxxxxxxx & Xxxxxx Municipal Securities Portfolio
     Xxxxxxxxx & Xxxxxx New York Insured Intermediate Portfolio
     Xxxxxxxxx & Xxxxxx Ultra Short Bond Portfolio


     DATED:  February 2, 1996