0000894189-15-003034 Sample Contracts

APPENDIX A to INVESTMENT ADVISORY AGREEMENT As Amended 6/30/15 Separate Series of Hatteras Alternative Mutual Funds Trust

Investment Advisory Agreement • June 24th, 2015 • Hatteras Alternative Mutual Funds Trust

• Contract Type
  Investment Advisory Agreement
• Filed
  June 24th, 2015
• Company
  Hatteras Alternative Mutual Funds Trust

Fund Annual Fee Rate Hatteras Alpha Hedged Strategies Fund 0.25% of average daily net assets Hatteras Long / Short Equity Fund 0.00% of average daily net assets Hatteras Long / Short Debt Fund 0.00% of average daily net assets Hatteras Hedged Strategies Fund 0.25% of average daily net assets Hatteras Managed Futures Strategies Fund 0.00% of average daily net assets Hatteras Event Driven Fund 1.75% of average daily net assets Hatteras Market Neutral Fund 1.75% of average daily net assets Hatteras Disciplined Opportunity Fund 1.25% of average daily net assets

APPENDIX A to OPERATING SERVICES AGREEMENT As Amended 6/30/15 Separate Series of Hatteras Alternative Mutual Funds Trust

To Operating Services Agreement • June 24th, 2015 • Hatteras Alternative Mutual Funds Trust

• Contract Type
  To Operating Services Agreement
• Filed
  June 24th, 2015
• Company
  Hatteras Alternative Mutual Funds Trust

Annual Fee Rate (as a % of average daily net assets) Fund Class A Class C Institutional Class Class H No Load Hatteras Alpha Hedged Strategies Fund 1.59% 1.59% 0.84% — 1.59% Hatteras Hedged Strategies Fund — — 0.10% — — Hatteras Long / Short Debt Fund 0.84% 0.84% 0.59% — — Hatteras Long / Short Equity Fund 0.84% — 0.59% — — Hatteras Managed Futures Strategies Fund 0.84% — 0.59% — — Hatteras Market Neutral Fund 0.99% 0.99% 0.74% 0.25% — Hatteras Event Driven Fund — — — 0.25% —

Appendix A to OPERATING EXPENSES LIMITATION AGREEMENT As Amended 6/30/15 Separate Series of Hatteras Alternative Mutual Funds Trust

Operating Expenses Limitation Agreement • June 24th, 2015 • Hatteras Alternative Mutual Funds Trust

• Contract Type
  Operating Expenses Limitation Agreement
• Filed
  June 24th, 2015
• Company
  Hatteras Alternative Mutual Funds Trust

Operating Expense Limit (as a % of average daily net assets) Fund Class A Class C Institutional Class Class H No Load Hatteras Alpha Hedged Strategies Fund 3.49% 4.24% 2.99% — 2.99% Hatteras Hedged Strategies Fund — — 2.25% — — Hatteras Long / Short Debt Fund 2.99% 3.74% 2.49% — — Hatteras Long / Short Equity Fund 2.99% — 2.49% — — Hatteras Managed Futures Strategies Fund 2.99% — 2.49% — — Hatteras Market Neutral Fund 2.99% 3.74% 2.49% 2.00% — Hatteras Event Driven Fund — — — 2.00% — Hatteras Disciplined Opportunity Fund 2.00% — 1.75% — —