NEUBERGER BERMAN ETF TRUST ADMINISTRATION AGREEMENT SCHEDULE AAdministration Agreement • June 11th, 2024 • Neuberger Berman ETF Trust
EXPENSE LIMITATION AGREEMENT NEUBERGER BERMAN ETF TRUST NEUBERGER BERMAN FLEXIBLE CREDIT INCOME ETFExpense Limitation Agreement • June 11th, 2024 • Neuberger Berman ETF Trust
You hereby agree, from June 19, 2024 until the date noted below (“Limitation Period”), to waive fees and/or reimburse annual operating expenses (excluding interest, brokerage commissions, taxes including any expenses relating to tax reclaims, acquired fund fees and expenses, dividend and interest expenses relating to short sales, and extraordinary expenses, if any) (“Operating Expenses”) of the Fund so that the Operating Expenses of the Fund do not exceed 0.39% of average net assets until 10/31/2025 (after taking into account the Fee Waiver discussed below) and 0.49% of average net assets from 11/1/2025 to 10/31/2027 (the “Expense Limitation”) and may not be terminated during its term without the consent of the Board. Commitment fees relating to borrowings are treated as interest for purposes of this section. As noted above, the Expense Limitation for the Limitation Period from 6/19/2024 to10/31/2025 takes into account a contractual management fee waiver of 0.10% of the Fund's average
NEUBERGER BERMAN ETF TRUST MANAGEMENT AGREEMENT SCHEDULE A SERIES OF NEUBERGER BERMAN ETF TRUSTManagement Agreement • June 11th, 2024 • Neuberger Berman ETF Trust
Compensation pursuant to Paragraph 3 of the Management Agreement shall be calculated in accordance with the following schedules:
MANAGEMENT FEE WAIVER AGREEMENT NEUBERGER BERMAN ETF TRUST NEUBERGER BERMAN FLEXIBLE CREDIT INCOME ETFManagement Fee Waiver Agreement • June 11th, 2024 • Neuberger Berman ETF Trust
Neuberger Berman Investment Advisers LLC (the “Manager”) hereby agrees, that from June 19, 2024 until October 31, 2025 (“Limitation Period”) to waive 0.10% per annum, of the average daily net assets of the investment advisory fee (“Fee Waiver”) charged pursuant to the Management Agreement between the Manager and the Trust, on behalf of the Fund. For the avoidance of doubt, this Fee Waiver is in addition to Expense Limitation Agreement dated as of June 11, 2024 between the Manager and the Trust, on behalf of the Fund.
