Administration Agreement     Neuberger Berman Institutional Liquidity Series Trust Class Sample Contracts

ADMINISTRATION AGREEMENT NEUBERGER BERMAN INSTITUTIONAL LIQUIDITY SERIES TRUST CLASS
Administration Agreement     Neuberger Berman Institutional Liquidity Series Trust Class • May 29th, 2009 • Neuberger Berman Institutional Liquidity Series • New York

This Agreement is made as of May 4, 2009, between Neuberger Berman Institutional Liquidity Series, a Delaware statutory trust (“Trust”), and Neuberger Berman Management LLC, a Delaware limited liability company (“Administrator”) with respect to the Trust Class shares of the series listed on Schedule A.

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