0000898432-12-000516 Sample Contracts

SUB-ADVISORY AGREEMENT NEUBERGER BERMAN ALTERNATIVE FUNDS

Sub-Advisory Agreement • April 23rd, 2012 • Neuberger Berman Alternative Funds • New York

• Contract Type
  Sub-Advisory Agreement
• Filed
  April 23rd, 2012
• Company
  Neuberger Berman Alternative Funds
• Jurisdiction
  New York

This Sub-Advisory Agreement (“Agreement”) is made as of [__________________], between [__________________], a Delaware limited liability company (“NBM”), NB Alternative Investment Management LLC ("NBAIM") and [_____________], a [ ] (“Sub-Adviser”). Throughout this Agreement, the term "Manager" refers to NBM or NBAIM, as appropriate.

EXPENSE LIMITATION AGREEMENT NEUBERGER BERMAN ALTERNATIVE FUNDS NEUBERGER BERMAN ABSOLUTE RETURN MULTI-MANAGER FUND

Expense Limitation Agreement • April 23rd, 2012 • Neuberger Berman Alternative Funds • New York

• Contract Type
  Expense Limitation Agreement
• Filed
  April 23rd, 2012
• Company
  Neuberger Berman Alternative Funds
• Jurisdiction
  New York

Neuberger Berman Absolute Return Multi-Manager Fund (the “Fund”) is a series of Neuberger Berman Alternative Funds, a Delaware statutory trust (“Trust”).