0000898432-09-000407 Sample Contracts

FORM OF ADMINISTRATION AGREEMENT
Administration Agreement • March 16th, 2009 • Neuberger Berman Equity Funds • New York

This Agreement is made as of [ ] between Neuberger Berman Equity Funds, a Delaware statutory trust (“Trust”), and Neuberger Berman Management LLC, a New York limited liability company (“Administrator”) with respect to Class R2 shares of the series listed on Schedule A (“Series”).

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FORM OF DISTRIBUTION AND SERVICES AGREEMENT NEUBERGER BERMAN EQUITY FUNDS CLASS R3
Distribution Agreement • March 16th, 2009 • Neuberger Berman Equity Funds • New York

This Agreement is made as of [ ], between Neuberger Berman Equity Funds, a Delaware statutory trust (“Trust”), and Neuberger Berman Management LLC, a New York limited liability company (“Distributor”), on behalf of Class R3 of the series listed on Schedule A.

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FORM OF DISTRIBUTION AND SERVICES AGREEMENT NEUBERGER BERMAN EQUITY FUNDS CLASS R2
Distribution Agreement • March 16th, 2009 • Neuberger Berman Equity Funds • New York

This Agreement is made as of [ ], between Neuberger Berman Equity Funds, a Delaware statutory trust (“Trust”), and Neuberger Berman Management LLC, a New York limited liability company (“Distributor”), on behalf of Class R2 of the series listed on Schedule A.

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NEUBERGER BERMAN EQUITY FUNDS CLASS C DISTRIBUTION AND SERVICES AGREEMENT SCHEDULE A
Distribution Agreement • March 16th, 2009 • Neuberger Berman Equity Funds

The Series currently subject to this Agreement are as follows: Neuberger Berman Century Fund Neuberger Berman Climate Change Fund Neuberger Berman Emerging Markets Equity Fund Neuberger Berman Equity Income Fund Neuberger Berman Guardian Fund Neuberger Berman International Large Cap Fund Neuberger Berman Large Cap Disciplined Growth Fund Neuberger Berman Mid Cap Growth Fund Neuberger Berman Select Equities Fund Neuberger Berman Small Cap Growth Fund Neuberger Berman Socially Responsive Fund Dated: May 15, 2009

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ADMINISTRATION AGREEMENT
Administration Agreement • March 16th, 2009 • Neuberger Berman Equity Funds

Neuberger Berman Equity Income Fund Neuberger Berman International Large Cap Fund Neuberger Berman Research Opportunities Fund

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NEUBERGER BERMAN EQUITY FUNDS CLASS A ADMINISTRATION AGREEMENT SCHEDULE A
Administration Agreement • March 16th, 2009 • Neuberger Berman Equity Funds

The Class A of the Series of Neuberger Berman Equity Funds currently subject to this Agreement are as follows: Neuberger Berman Century Fund Neuberger Berman Climate Change Fund Neuberger Berman Emerging Markets Equity Fund Neuberger Berman Equity Income Fund Neuberger Berman Guardian Fund Neuberger Berman International Large Cap Fund Neuberger Berman Large Cap Disciplined Growth Fund Neuberger Berman Mid Cap Growth Fund Neuberger Berman Select Equities Fund Neuberger Berman Small Cap Growth Fund Neuberger Berman Socially Responsive Fund Dated: May 15, 2009

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FORM OF EXPENSE LIMITATION AGREEMENT NEUBERGER BERMAN EQUITY FUNDS
Expense Limitation Agreement • March 16th, 2009 • Neuberger Berman Equity Funds • New York

Neuberger Berman Century Fund, Neuberger Berman Guardian Fund, Neuberger Berman International Large Cap Fund, Neuberger Berman Mid Cap Growth Fund, Neuberger Berman Small Cap Growth Fund and Neuberger Berman Socially Responsive Fund (each, a “Fund”) are series of Neuberger Berman Equity Funds, a Delaware statutory trust (“Trust”).

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MANAGEMENT AGREEMENT SCHEDULE A
Management Agreement • March 16th, 2009 • Neuberger Berman Equity Funds

Neuberger Berman Century Fund Neuberger Berman Climate Change Fund Neuberger Berman Dividend Fund Neuberger Berman Emerging Markets Equity Fund Neuberger Berman Equity Income Fund Neuberger Berman Focus Fund Neuberger Berman Genesis Fund Neuberger Berman Guardian Fund Neuberger Berman International Fund Neuberger Berman International Institutional Fund Neuberger Berman International Large Cap Fund Neuberger Berman Large Cap Disciplined Growth Fund Neuberger Berman Mid Cap Growth Fund Neuberger Berman Partners Fund Neuberger Berman Real Estate Fund Neuberger Berman Regency Fund Neuberger Berman Research Opportunities Fund Neuberger Berman Select Equities Fund Neuberger Berman Small and Mid Cap Growth Fund Neuberger Berman Small Cap Growth Fund Neuberger Berman Socially Responsive Fund Date: March 16, 2009

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NEUBERGER BERMAN EQUITY FUNDS CLASS C ADMINISTRATION AGREEMENT SCHEDULE A
Administration Agreement • March 16th, 2009 • Neuberger Berman Equity Funds

The Class C of the Series of Neuberger Berman Equity Funds currently subject to this Agreement are as follows: Neuberger Berman Century Fund Neuberger Berman Climate Change Fund Neuberger Berman Emerging Markets Equity Fund Neuberger Berman Equity Income Fund Neuberger Berman Guardian Fund Neuberger Berman International Large Cap Fund Neuberger Berman Large Cap Disciplined Growth Fund Neuberger Berman Mid Cap Growth Fund Neuberger Berman Select Equities Fund Neuberger Berman Small Cap Growth Fund Neuberger Berman Socially Responsive Fund Dated: May 15, 2009

Sample 1
NEUBERGER BERMAN EQUITY FUNDS INSTITUTIONAL CLASS ADMINISTRATION AGREEMENT SCHEDULE A
Administration Agreement • March 16th, 2009 • Neuberger Berman Equity Funds

The Institutional Class of the Series of Neuberger Berman Equity Funds currently subject to this Agreement are as follows:

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NEUBERGER BERMAN EQUITY FUNDS INSTITUTIONAL CLASS DISTRIBUTION AGREEMENT SCHEDULE A
Distribution Agreement • March 16th, 2009 • Neuberger Berman Equity Funds

Neuberger Berman Century Fund Neuberger Berman Climate Change Fund Neuberger Berman Emerging Markets Equity Fund Neuberger Berman Equity Income Fund Neuberger Berman Focus Fund Neuberger Berman Guardian Fund Neuberger Berman International Institutional Fund Neuberger Berman International Large Cap Fund Neuberger Berman Large Cap Disciplined Growth Fund Neuberger Berman Mid Cap Growth Fund Neuberger Berman Partners Fund Neuberger Berman Real Estate Fund Neuberger Berman Regency Fund Neuberger Berman Select Equities Fund Neuberger Berman Small and Mid Cap Growth Fund Neuberger Berman Small Cap Growth Fund Neuberger Berman Socially Responsive Fund Date: March 16, 2009

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NEUBERGER BERMAN EQUITY FUNDS TRUST CLASS DISTRIBUTION AND SERVICES AGREEMENT SCHEDULE A
Distribution Agreement • March 16th, 2009 • Neuberger Berman Equity Funds

Neuberger Berman Equity Income Fund Neuberger Berman Focus Fund Neuberger Berman Guardian Fund Neuberger Berman International Large Cap Fund Neuberger Berman Partners Fund Neuberger Berman Real Estate Fund Neuberger Berman Regency Fund

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