0000898432-09-000692 Sample Contracts

ADMINISTRATION AGREEMENT NEUBERGER BERMAN EQUITY FUNDS ADVISOR CLASS
Administration Agreement • May 15th, 2009 • Neuberger Berman Equity Funds • New York

This Agreement is made as of May 4, 2009, between Neuberger Berman Equity Funds, a Delaware statutory trust (“Trust”), and Neuberger Berman Management LLC, a Delaware limited liability company (“Administrator”) with respect to the Advisor Class shares of the series listed on Schedule A.

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DISTRIBUTION AND SERVICES AGREEMENT NEUBERGER BERMAN EQUITY FUNDS CLASS R3
Distribution and Services Agreement • May 15th, 2009 • Neuberger Berman Equity Funds • New York

This Agreement is made as of May 15, 2009, between Neuberger Berman Equity Funds, a Delaware statutory trust (“Trust”), and Neuberger Berman Management LLC, a Delaware limited liability company (“Distributor”), on behalf of Class R3 of the series listed on Schedule A.

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Distribution Agreement • May 15th, 2009 • Neuberger Berman Equity Funds • New York
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Distribution and Services Agreement • May 15th, 2009 • Neuberger Berman Equity Funds • New York
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Distribution and Services Agreement • May 15th, 2009 • Neuberger Berman Equity Funds • New York
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Distribution Agreement • May 15th, 2009 • Neuberger Berman Equity Funds • New York
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EXPENSE LIMITATION AGREEMENT NEUBERGER BERMAN EQUITY FUNDS
Expense Limitation Agreement • May 15th, 2009 • Neuberger Berman Equity Funds • New York

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 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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Distribution and Services Agreement • May 15th, 2009 • Neuberger Berman Equity Funds • New York
Sample 1Sample 2
ADMINISTRATION AGREEMENT NEUBERGER BERMAN EQUITY FUNDS CLASS R3
Administration Agreement • May 15th, 2009 • Neuberger Berman Equity Funds • New York

This Agreement is made as of May 15, 2009, between Neuberger Berman Equity Funds, a Delaware statutory trust (“Trust”), and Neuberger Berman Management LLC, a Delaware limited liability company (“Administrator”) with respect to Class R3 shares of the series listed on Schedule A.

Sample 1Sample 2
ADMINISTRATION AGREEMENT NEUBERGER BERMAN EQUITY FUNDS INVESTOR CLASS
Administration Agreement • May 15th, 2009 • Neuberger Berman Equity Funds • New York

This Agreement is made as of May 4, 2009, between Neuberger Berman Equity Funds, a Delaware statutory trust (“Trust”), and Neuberger Berman Management LLC, a Delaware limited liability company(“Administrator”) with respect to the Investor Class shares of the series listed on Schedule A.

Sample 1
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Distribution and Services Agreement • May 15th, 2009 • Neuberger Berman Equity Funds • New York
Sample 1
MANAGEMENT AGREEMENT NEUBERGER BERMAN EQUITY FUNDS
Management Agreement Neuberger Berman Equity Funds • May 15th, 2009 • Neuberger Berman Equity Funds • New York

This Agreement is made as of May 4, 2009, between Neuberger Berman Equity Funds, a Delaware statutory trust (“Trust”), and Neuberger Berman Management LLC, a Delaware limited liability company (“Manager”).

Sample 1
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Sub-Advisory Agreement • May 15th, 2009 • Neuberger Berman Equity Funds
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