0000898432-09-000408 Sample Contracts

FORM OF ADMINISTRATION AGREEMENT
Administration Agreement • March 16th, 2009 • Lehman Brothers Income Funds • New York

This Agreement is made as of [ ] between Lehman Brothers Income Funds, a Delaware statutory trust (“Trust”), and Neuberger Berman Management LLC, a New York limited liability company (“Administrator”) with respect to Class R3 shares of the series listed on Schedule A (“Series”).

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FORM OF DISTRIBUTION AND SERVICES AGREEMENT LEHMAN BROTHERS INCOME FUNDS CLASS R3
Distribution Agreement • March 16th, 2009 • Lehman Brothers Income Funds • New York

This Agreement is made as of [ ], between Lehman Brothers Income 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.

FORM OF DISTRIBUTION AND SERVICES AGREEMENT LEHMAN BROTHERS INCOME FUNDS CLASS R2
Distribution Agreement • March 16th, 2009 • Lehman Brothers Income Funds • New York

This Agreement is made as of [ ], between Lehman Brothers Income 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.

ADMINISTRATION AGREEMENT
Administration Agreement • March 16th, 2009 • Lehman Brothers Income Funds
LEHMAN BROTHERS INCOME FUNDS CLASS C DISTRIBUTION AND SERVICES AGREEMENT SCHEDULE A
Distribution Agreement • March 16th, 2009 • Lehman Brothers Income Funds
LEHMAN BROTHERS INCOME FUNDS CLASS A DISTRIBUTION AND SERVICES AGREEMENT SCHEDULE A
Distribution Agreement • March 16th, 2009 • Lehman Brothers Income Funds
ADMINISTRATION AGREEMENT
Administration Agreement • March 16th, 2009 • Lehman Brothers Income Funds
FORM OF EXPENSE LIMITATION AGREEMENT LEHMAN BROTHERS INCOME FUNDS
Expense Limitation Agreement • March 16th, 2009 • Lehman Brothers Income Funds • New York

Neuberger Berman High Income Bond Fund (the “Fund”) is a series of Lehman Brothers Income Funds, a Delaware statutory trust (“Trust”).

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