0000950123-12-000445 Sample Contracts

FORM OF INVESTMENT ADVISORY AGREEMENT BETWEEN HIGHLAND NATURAL RESOURCES FUND AND HIGHLAND FUNDS ASSET MANAGEMENT, L.P. INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • January 9th, 2012 • Highland Funds Ii • Massachusetts

AGREEMENT made as of September 18, 2011, by and between Highland Funds Asset Management, L.P., a Delaware limited partnership (the “Adviser”), and Highland Funds II, a Massachusetts business trust (fka GE Funds the “Trust”), on behalf of its series, Highland Natural Resources Fund (the “Fund”).

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AGREEMENT
Investment Advisory Agreement • January 9th, 2012 • Highland Funds Ii • New York
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