0000898432-09-000790 Sample Contracts

DISTRIBUTION AND SERVICES AGREEMENT NEUBERGER BERMAN EQUITY FUNDS CLASS R3
Distribution and Services Agreement • June 12th, 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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EXPENSE LIMITATION AGREEMENT NEUBERGER BERMAN EQUITY FUNDS
Expense Limitation Agreement • June 12th, 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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ADMINISTRATION AGREEMENT NEUBERGER BERMAN EQUITY FUNDS CLASS R3
Administration Agreement • June 12th, 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.

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NEUBERGER BERMAN EQUITY FUNDS CLASS C ADMINISTRATION AGREEMENT SCHEDULE A
Administration Agreement • June 12th, 2009 • Neuberger Berman Equity Funds

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

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MANAGEMENT AGREEMENT SCHEDULE A SERIES OF NEUBERGER BERMAN EQUITY FUNDS
Management Agreement • June 12th, 2009 • Neuberger Berman Equity Funds

The Series of Neuberger Berman Equity Funds currently subject to this Agreement are as follows: Neuberger Berman Climate Change 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 Large Cap Value Fund

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NEUBERGER BERMAN EQUITY FUNDS INSTITUTIONAL CLASS ADMINISTRATION AGREEMENT SCHEDULE A
Administration Agreement • June 12th, 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 TRUST CLASS DISTRIBUTION AND SERVICES AGREEMENT SCHEDULE A
Neuberger Berman Equity Funds Trust Class Distribution and Services Agreement • June 12th, 2009 • Neuberger Berman Equity Funds

The Series currently subject to this Agreement are as follows: Neuberger Berman Focus Fund Neuberger Berman Guardian Fund Neuberger Berman International Large Cap Fund

Sample 1
EXPENSE LIMITATION AGREEMENT NEUBERGER BERMAN EQUITY FUNDS
Expense Limitation Agreement • June 12th, 2009 • Neuberger Berman Equity Funds • New York

Neuberger Berman Large Cap Value Fund (the “Fund”) is a series of Neuberger Berman Equity Funds, a Delaware statutory trust (“Trust”).

Sample 1
NEUBERGER BERMAN EQUITY FUNDS CLASS A DISTRIBUTION AND SERVICES AGREEMENT SCHEDULE A
Neuberger Berman Equity Funds • June 12th, 2009 • Neuberger Berman Equity Funds

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

Sample 1
ADMINISTRATION AGREEMENT
Administration Agreement • June 12th, 2009 • Neuberger Berman Equity Funds

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

Sample 1
NEUBERGER BERMAN EQUITY FUNDS INSTITUTIONAL CLASS DISTRIBUTION AGREEMENT SCHEDULE A
Neuberger Berman Equity Funds Institutional Class   Distribution Agreement • June 12th, 2009 • Neuberger Berman Equity Funds

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

Sample 1
ADMINISTRATION AGREEMENT
Administration Agreement • June 12th, 2009 • Neuberger Berman Equity Funds

Compensation pursuant to Paragraph 3 of the Neuberger Berman Equity Funds Trust Class Administration Agreement shall be:

Sample 1
NEUBERGER BERMAN EQUITY FUNDS CLASS C DISTRIBUTION AND SERVICES AGREEMENT SCHEDULE A
Distribution and Services Agreement • June 12th, 2009 • Neuberger Berman Equity Funds

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

Sample 1
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