0000898432-16-001966 Sample Contracts

NOVATION OF MANAGEMENT AGREEMENT NEUBERGER BERMAN INCOME FUNDS
Novation of Management Agreement • February 26th, 2016 • Neuberger Berman Income Funds

This Novation of Management Agreement ("Novation") is entered into as of the 1st day of January, 2016 by and among Neuberger Berman Management LLC, a Delaware limited liability company ("NB Management"), Neuberger Berman Investment Advisers LLC, a Delaware limited liability company ("NBIA"), and Neuberger Berman Income Funds, a Delaware statutory trust (the "Trust") on behalf of all series whether now existing or hereafter established that are subject to the Management Agreement (as defined below) (hereinafter, "Series" shall refer to each Series which is subject to this Novation).

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NOVATION OF SUB-ADVISORY AGREEMENT NEUBERGER BERMAN INCOME FUNDS
Sub-Advisory Agreement • February 26th, 2016 • Neuberger Berman Income Funds

This Novation of Sub-Advisory Agreement (“Novation”) is entered into as of the 1st day of January, 2016 by and among Neuberger Berman Management LLC, a Delaware limited liability company (“NB Management”), Neuberger Berman Investment Advisers LLC, a Delaware limited liability company (“NBIA”), and Neuberger Berman Europe Limited, a United Kingdom company with limited liability (“NBEL”).

NOVATION OF ADMINISTRATION AGREEMENT NEUBERGER BERMAN INCOME FUNDS
Administration Agreement • February 26th, 2016 • Neuberger Berman Income Funds

This Novation of Administration Agreement (“Novation”) is entered into as of the 1st day of January, 2016 by and among Neuberger Berman Management LLC, a Delaware limited liability company (“NB Management”), Neuberger Berman Investment Advisers LLC, a Delaware limited liability company (“NBIA”), and Neuberger Berman Income Funds, a Delaware statutory trust (the “Trust”) on behalf of all series whether now existing or hereafter established that are subject to the Administration Agreement (as defined below) (hereinafter, “Series” shall refer to each Series which is subject to this Novation).

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