INVESTMENT SUB-ADVISORY AGREEMENTInvestment Sub-Advisory Agreement • August 27th, 2010 • Highland Funds I • Delaware
AGREEMENT made as of May 6, 2010, by and among Highland Funds I, a Delaware statutory trust (the “Trust”), on behalf of its series Highland Long/Short Healthcare Fund (formerly known as Highland Healthcare Fund) (the “Fund”), Highland Capital Management, L.P., a Delaware limited partnership (the “Adviser”) and Cummings Bay Capital Management, L.P., a Delaware limited partnership (the “Sub-Adviser”).
Underwriting Agreement for: HIGHLAND FUNDS IHighland Funds I • August 27th, 2010
Effective as of the closing of the sale of PNC Global Investment Servicing Inc., the indirect parent of PFPC Distributors, Inc. to THE BANK OF NEW YORK MELLON CORPORATION by THE PNC FINANCIAL SERVICES GROUP, INC., HIGHLAND FUNDS I (the “Fund”), on behalf of each portfolio thereof (each a “Portfolio” and collectively, the “Portfolios”) and BNY Mellon Distributors Inc. (formerly known as PFPC Distributors, Inc.) (the “Distributor”) hereby enter into this Underwriting Agreement on terms identical to those of the underwriting agreement between the parties effective as of December 4, 2006, as amended from time to time (the “Existing Agreement”) except as noted below. Capitalized terms used herein without definition have the meanings given them in the Existing Agreement.
