I was looking up something for someone earlier when I found that Intel NIC teaming does not support Virtual Machine Queue (VMQ) or VMDq as Intel calls it.
“… teaming is not compatible with VMDq and Hyper-V*. Intel PROSet version 14.7 or later will automatically disable VMDq for adapters in teams. Intel plans a future software release that will allow both ANS teaming and VMDq to be enabled at the same time.
If you use Intel PROSet versions prior to version 14.7 to configure teams or VLANs with Virtual Machine Queues enabled, system instability may occur including a potential Windows* bug check (popularly known as Blue Screen of Death or BSOD).
To recover from a Windows* bug check (BSOD) caused by configuring ANS teams or VLANS, unplug the Ethernet cables. After starting Windows remove the ANS configured teams and VLANs or disable Virtual Machine Queues”.
As you’ll see in the comments, the Intel v15.0 drivers do add support for VMW with Intel NIC teaming. Thanks to Brian Johnson of Intel for that info.