EXPENSE LIMITATION AGREEMENT NB CROSSROADS PRIVATE MARKETS ACCESS FUND LLCExpense Limitation Agreement • July 29th, 2022 • NB Crossroads Private Markets Access Fund LLC • New York
This Agreement is made and to be performed principally in the State of New York, and except insofar as the Investment Company Act of 1940, as amended, or other federal laws and regulations may be controlling, this Agreement shall be governed by, and construed and enforced in accordance with, the internal laws of the State of New York. Any amendment to this Agreement shall be in writing signed by the parties hereto, and requires the approval of the Board of Managers of the Fund, including a majority of the Managers who are not “interested persons” of the Fund as that term is defined in the Investment Company Act of 1940. This Agreement supersedes any prior agreement with respect to the subject matter hereof.
MANAGEMENT FEE WAIVER AGREEMENT NB CROSSROADS PRIVATE MARKETS ACCESS FUND LLCManagement Fee Waiver Agreement • July 29th, 2022 • NB Crossroads Private Markets Access Fund LLC • New York
Neuberger Berman Investment Advisers LLC (the “Adviser”) hereby agrees, that for the period beginning on the commencement of operations (“Commencement Date”) of the NB Crossroads Private Markets Access Fund LLC (the “Fund”) until December 31, 2021 (“Limitation Period”), to reduce its Management Fee to 0.50% (50bps) per annum of the average monthly net assets (“Initial Fee Waiver”).
