Common Contracts

FORM OF SUB-ADVISORY AGREEMENT EXCELSIOR PRIVATE MARKETS FUND II (MASTER), LLC NEUBERGER BERMAN MANAGEMENT LLC New York, New York 10158-0006

Sub-Advisory Agreement • July 7th, 2015 • Excelsior Private Markets Fund II (Master), LLC

• Contract Type
  Sub-Advisory Agreement
• Filed
  July 7th, 2015
• Company
  Excelsior Private Markets Fund II (Master), LLC

We have entered into an Investment Advisory Agreement with Excelsior Private Markets Fund II (Master), LLC (“Fund”) pursuant to which we are to act as investment adviser to such Fund. We hereby agree with you as follows:

FORM OF SUB-ADVISORY AGREEMENT EXCELSIOR VENTURE PARTNERS III, LLC NEUBERGER BERMAN MANAGEMENT LLC New York, New York 10158-0006

Sub-Advisory Agreement • June 30th, 2015 • Excelsior Venture Partners Iii LLC

• Contract Type
  Sub-Advisory Agreement
• Filed
  June 30th, 2015
• Company
  Excelsior Venture Partners Iii LLC

We have entered into an Investment Advisory Agreement with Excelsior Venture Partners III, LLC (“Fund”) pursuant to which we are to act as investment adviser to such Fund. We hereby agree with you as follows: