0000898432-14-000695 Sample Contracts

FUND PARTICIPATION AGREEMENT
Fund Participation Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust • New York

THIS AGREEMENT, made as of the ___ day of ___________, 2013, by and between NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST ("TRUST"), NEUBERGER BERMAN MANAGEMENT LLC ("NB MANAGEMENT"), a New York limited liability company, and _______________________ ("LIFE COMPANY"), a life insurance company organized under the laws of the State of ___________.

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MANAGEMENT AGREEMENT
Management Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust • New York

This Agreement is made as May 4, 2009, between Neuberger Berman Advisers Management Trust, a Delaware statutory trust (“Trust”), and Neuberger Berman Management LLC, a Delaware limited liability company (“Manager”).

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SUB-ADVISORY AGREEMENT NEUBERGER BERMAN MANAGEMENT LLC New York, New York 10158 May 4, 2009
Sub-Advisory Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust

We have entered into a Management Agreement with Neuberger Berman Advisers Management Trust (“Trust”), with respect to several of its series (“Portfolios”), as set forth in Schedule A hereto, pursuant to which we are to act as investment adviser to such Portfolios. We hereby agree with you as follows:

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AMENDMENT NO. 3 TO SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust

This amendment, dated May 1, 2014, by and among Neuberger Berman Management LLC (“Manager”), NB Alternative Investment Management LLC, (“Adviser” and together with the Manager, the “NB Parties”) and Cramer Rosenthal McGlynn, LLC (“Sub-Adviser”), is made to the Sub-Advisory Agreement dated May 15, 2012, as amended (the “Agreement”). Terms defined in the Agreement used herein as therein defined.

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AMENDMENT NO. 2 TO SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust

This amendment, dated May 1, 2014, by and among Neuberger Berman Management LLC (“Manager”), NB Alternative Investment Management LLC, (“Adviser” and together with the Manager, the “NB Parties”) and Levin Capital Strategies, L.P. (“Sub-Adviser”), is made to the Sub-Advisory Agreement dated May 15, 2012, as amended (the “Agreement”). Terms defined in the Agreement used herein as therein defined.

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AMENDMENT NO. 2 TO
Sub-Advisory Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust

This amendment, dated May 1, 2014, by and among Neuberger Berman Management LLC (“Manager”), NB Alternative Investment Management LLC, (“Adviser” and together with the Manager, the “NB Parties”) and Visium Asset Management, LP (“Sub-Adviser”), is made to the Sub-Advisory Agreement dated May 15, 2012, as amended (the “Agreement”). Terms defined in the Agreement used herein as therein defined.

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AMENDMENT NO. 1 TO SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust

This amendment, dated May 1, 2014, by and among Neuberger Berman Management LLC (“Manager”), NB Alternative Investment Management LLC, (“Adviser” and together with the Manager, the “NB Parties”) and Sound Point Capital Management, LP. (“Sub-Adviser”), is made to the Sub-Advisory Agreement dated May 15, 2012, as amended (the “Agreement”). Terms defined in the Agreement used herein as therein defined.

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AMENDMENT NO. 1 TO SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust

This amendment, dated May 1, 2014, by and among Neuberger Berman Management LLC (“Manager”), NB Alternative Investment Management LLC, (“Adviser” and together with the Manager, the “NB Parties”) and Loeb Arbitrage Management LP (“Sub-Adviser”), is made to the Sub-Advisory Agreement dated August 12, 2013, as amended (the “Agreement”). Terms defined in the Agreement used herein as therein defined.

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NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST ADMINISTRATION AGREEMENT CLASS S SHARES SCHEDULE A
Administration Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust

The Class S Shares of the Portfolios of Neuberger Berman Advisers Management Trust currently subject to this Agreement and the dates such Portfolios were added to this Agreement are as follows:

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CUSTODIAN CONTRACT Between NEUBERGER & BERMAN ADVISERS MANAGEMENT TRUST and STATE STREET BANK AND TRUST COMPANY
Custodian Contract • April 30th, 2014 • Neuberger Berman Advisers Management Trust • London

This Contract between Neuberger & Berman Advisers Management Trust, a Delaware business trust, having its principal place of business at 605 Third Avenue, New York, New York 10158, hereinafter called the "Fund", and State Street Bank and Trust Company, a Massachusetts trust company, having its principal place of business at 225 Franklin Street, Boston, Massachusetts, 02110, hereinafter called the "Custodian"

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NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST ADMINISTRATION AGREEMENT CLASS I SHARES SCHEDULE A
Administration Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust

The Class I Shares of the Portfolios of Neuberger Berman Advisers Management Trust currently subject to this Agreement and the dates such Portfolios were added to this Agreement are as follows:

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INVESTMENT ADVISORY AGREEMENT NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST
Investment Advisory Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust • New York

This Investment Advisory Agreement (“Agreement”) is made as of May 1, 2014, between Neuberger Berman Management LLC, a Delaware limited liability company (“Manager”) and NB Alternative Investment Management LLC, a Delaware limited liability company (“Adviser”).

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SUB-ADVISORY AGREEMENT NEUBERGER BERMAN MANAGEMENT LLC New York, New York 10158 May 4, 2009
Sub-Advisory Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust

We have entered into a Management Agreement with Neuberger Berman Advisers Management Trust (“Trust”), with respect to several of its series (“Portfolios”), as set forth in Schedule A hereto, pursuant to which we are to act as investment adviser to such Portfolios. We hereby agree with you as follows:

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EXPENSE LIMITATION AGREEMENT NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST ABSOLUTE RETURN MULTI-MANAGER PORTFOLIO, BALANCED PORTFOLIO, GROWTH PORTFOLIO, GUARDIAN PORTFOLIO, INTERNATIONAL EQUITY PORTFOLIO, INTERNATIONAL LARGE CAP PORTFOLIO, LARGE CAP...
Expense Limitation Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust • New York
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AMENDMENT NO. 2 TO SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust

This amendment, dated May 1, 2014, by and among Neuberger Berman Management LLC (“Manager”), NB Alternative Investment Management LLC, (“Adviser” and together with the Manager, the “NB Parties”) and SLS Management, LLC (“Sub-Adviser”), is made to the Sub-Advisory Agreement dated October 24, 2013, as amended (the “Agreement”). Terms defined in the Agreement used herein as therein defined.

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NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST MANAGEMENT AGREEMENT SCHEDULE A
Management Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust

Portfolios Balanced Portfolio Growth Portfolio Guardian Portfolio International Equity Portfolio International Large Cap Portfolio Large Cap Value Portfolio Mid Cap Growth Portfolio Mid-Cap Intrinsic Value Portfolio Real Estate Portfolio Short Duration Bond Portfolio Small-Cap Growth Portfolio Socially Responsive Portfolio

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AMENDMENT NO. 2 TO SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust

This amendment, dated May 1, 2014, by and among Neuberger Berman Management LLC (“Manager”), NB Alternative Investment Management LLC, (“Adviser” and together with the Manager, the “NB Parties”) and Lazard Asset Management LLC (“Sub-Adviser”), is made to the Sub-Advisory Agreement dated May 31, 2013, as amended (the “Agreement”). Terms defined in the Agreement used herein as therein defined.

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NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST DISTRIBUTION AND SERVICES AGREEMENT SCHEDULE A
Distribution and Services Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust

PORTFOLIO Absolute Return Multi-Manager Portfolio Guardian Portfolio International Equity Portfolio International Large Cap Portfolio Mid Cap Intrinsic Value Portfolio Mid-Cap Growth Portfolio Real Estate Portfolio Small Cap Growth Portfolio Socially Responsive Portfolio

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DISTRIBUTION AND SERVICES AGREEMENT FOR CLASS S SHARES
Distribution and Services • April 30th, 2014 • Neuberger Berman Advisers Management Trust • New York

This Agreement is made as of March 4, 2009, between Neuberger Berman Advisers Management Trust, a Delaware business trust (“Trust”), and Neuberger Berman Management LLC, a Delaware limited liability company (the “Distributor”).

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AMENDMENT NO. 1 TO SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust

This amendment, dated May 1, 2014, by and among Neuberger Berman Management LLC (“Manager”), NB Alternative Investment Management LLC, (“Adviser” and together with the Manager, the “NB Parties”) and GAMCO Asset Management Inc. (“Sub-Adviser”), is made to the Sub-Advisory Agreement dated May 15, 2012, as amended (the “Agreement”). Terms defined in the Agreement used herein as therein defined.

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DISTRIBUTION AGREEMENT CLASS I SHARES
Distribution Agreement • April 30th, 2014 • Neuberger Berman Advisers Management Trust • New York

This Agreement is made as of May 4, 2009, between Neuberger Berman Advisers Management Trust, a Delaware business trust (“Trust”), and Neuberger Berman Management LLC, a Delaware limited liability company (the “Distributor”).

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