0000898432-17-000394 Sample Contracts

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 3rd, 2017 • Neuberger Berman Alternative Funds • New York

This Sub-Advisory Agreement (“Agreement”) is made as of May 17, 2016, by and between Neuberger Berman Investment Advisers LLC, a Delaware limited liability company (“Manager”), and P/E Global, LLC, a Delaware limited liability company (“Sub-Adviser”).

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CLASS A ADMINISTRATION AGREEMENT SCHEDULE A
Administration Agreement • April 3rd, 2017 • Neuberger Berman Alternative Funds
NEUBERGER BERMAN ALTERNATIVE FUNDS CLASS C DISTRIBUTION AND SERVICES AGREEMENT SCHEDULE A
Distribution and Services Agreement • April 3rd, 2017 • Neuberger Berman Alternative Funds

Neuberger Berman Multi-Asset Income Fund Neuberger Berman Risk Balanced Commodity Strategy Fund Neuberger Berman U.S. Equity Index PutWrite Strategy Fund

NEUBERGER BERMAN ALTERNATIVE FUNDS CLASS A DISTRIBUTION AND SERVICES AGREEMENT SCHEDULE A
Distribution and Services Agreement • April 3rd, 2017 • Neuberger Berman Alternative Funds
NEUBERGER BERMAN ALTERNATIVE FUNDS MANAGEMENT AGREEMENT SCHEDULE A SERIES OF NEUBERGER BERMAN ALTERNATIVE FUNDS
Management Agreement • April 3rd, 2017 • Neuberger Berman Alternative Funds

Neuberger Berman Absolute Return Multi-Manager Fund 1.700% of the first $250 million 1.675% of the next $250 million 1.650% of the next $250 million 1.625% of the next $250 million 1.600% of the next $500 million 1.575% of the next $2.5 billion 1.550% in excess of $4 billion

NEUBERGER BERMAN ALTERNATIVE FUNDS INSTITUTIONAL CLASS DISTRIBUTION AGREEMENT SCHEDULE A
Distribution Agreement • April 3rd, 2017 • Neuberger Berman Alternative Funds
EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • April 3rd, 2017 • Neuberger Berman Alternative Funds • New York

Neuberger Berman Hedged Option Premium Strategy Fund (“Fund”) is a series of Neuberger Berman Alternative Funds, a Delaware statutory trust (“Trust”).

NOVATION OF DISTRIBUTION AND SERVICES AGREEMENT
Distribution and Services Agreement • April 3rd, 2017 • Neuberger Berman Alternative Funds

This Novation of Distribution and Services Agreement (“Novation”) is entered into as of the 1st day of July, 2016 by and among Neuberger Berman Management LLC, a Delaware limited liability company (“NB Management”), Neuberger Berman LLC, a Delaware limited liability company (“NB LLC”), and Neuberger Berman Alternative Funds, a Delaware statutory trust (the “Trust”), on behalf of all series whether now existing or hereafter established that are subject to the Distribution and Services Agreement (as defined below) (hereinafter, “Series” shall refer to each Series which is subject to this Novation).

INSTITUTIONAL CLASS ADMINISTRATION AGREEMENT SCHEDULE A
Administration Agreement • April 3rd, 2017 • Neuberger Berman Alternative Funds

The Institutional Class of the Series of Neuberger Berman Alternative Funds currently subject to this Agreement is as follows:

CLASS R6 ADMINISTRATION AGREEMENT
Class R6 Administration Agreement • April 3rd, 2017 • Neuberger Berman Alternative Funds
NEUBERGER BERMAN ALTERNATIVE FUNDS CLASS R6 DISTRIBUTION AGREEMENT SCHEDULE A
Class R6 Distribution Agreement • April 3rd, 2017 • Neuberger Berman Alternative Funds
NOVATION OF DISTRIBUTION AGREEMENT
Novation of Distribution Agreement • April 3rd, 2017 • Neuberger Berman Alternative Funds

This Novation of Distribution Agreement (“Novation”) is entered into as of the 1st day of July, 2016 by and among Neuberger Berman Management LLC, a Delaware limited liability company (“NB Management”), Neuberger Berman LLC, a Delaware limited liability company (“NB LLC”), and Neuberger Berman Alternative Funds, a Delaware statutory trust (the “Trust”), on behalf of all series whether now existing or hereafter established that are subject to the Distribution Agreement (as defined below) (hereinafter, “Series” shall refer to each Series which is subject to this Novation).

NEUBERGER BERMAN ALTERNATIVE FUNDS CLASS C ADMINISTRATION AGREEMENT
Neuberger Berman Alternative Funds • April 3rd, 2017
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