0000910472-07-000045 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS VARIABLE TRUST and CRITICAL MATH ADVISORS, LLC INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • February 6th, 2007 • Northern Lights Variable Trust • New York

AGREEMENT, made as of March 6, 2006 between Northern Lights Variable Trust, a Delaware statutory trust (the "Trust"), and Critical Math Advisors, LLC, a Nebraska limited liability company (the "Adviser") located at 182 Tamarack Circle, Skillman, NJ 08558.

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ADMINISTRATION SERVICE AGREEMENT between
Service Agreement • February 6th, 2007 • Northern Lights Variable Trust • Nebraska

AGREEMENT made as of the 6th day of March 2006, by and between NORTHERN LIGHTS VARIABLE TRUST, a Delaware statutory trust, having its principal office and place of business at 450 Wireless Blvd., Hauppauge, New York 11788 (the "Trust") and Gemini Fund Services, LLC, a Nebraska limited liability company having its principal office and place of business at the Hauppauge Corporate Center, 450 Wireless Blvd., Hauppauge, New York 11788 (“GFS”).

TRANSFER AGENCY SERVICE AGREEMENT
Transfer Agency Service Agreement • February 6th, 2007 • Northern Lights Variable Trust • Nebraska

AGREEMENT made this 6th day of March 2006, by and between the NORTHERN LIGHTS VARIABLE TRUST, a Delaware statutory trust, having its principal office and place of business at 450 Wireless Blvd., Hauppauge, NY 11788 (the “Trust”), and Gemini Fund Services, LLC, a Nebraska limited liability company having its principal office at 450 Wireless Blvd., Hauppauge, NY 11788 (“GFS”).

FUND ACCOUNTING SERVICE AGREEMENT between NORTHERN LIGHTS VARIABLE TRUST and INDEX
Service Agreement • February 6th, 2007 • Northern Lights Variable Trust • Nebraska

AGREEMENT made as of the 6th day of March 2006, by and between NORTHERN LIGHTS VARIABLE TRUST, a Delaware statutory trust, having its principal office and place of business at 450 Wireless Blvd., Hauppauge, New York 11788 (the "Trust") and Gemini Fund Services, LLC, a Nebraska limited liability company having its principal office and place of business at the Hauppauge Corporate Center, 450 Wireless Blvd., Hauppauge, New York 11788 (“GFS”).

CUSTODY AGREEMENT
Custody Agreement • February 6th, 2007 • Northern Lights Variable Trust • New York

AGREEMENT, dated as of March 6, 2006, between the NORTHERN LIGHTS VARIABLE TRUST (the “Trust”), a statutory trust organized and existing under the laws of the State of Delaware having its principal office and place of business at 450 Wireless Blvd., Hauppauge, New York 11788, and The Bank of New York, a New York corporation authorized to do a banking business having its principal office and place of business at One Wall Street, New York, New York 10286 (“Custodian”).

Custody Administration Agreement
Administration Agreement • February 6th, 2007 • Northern Lights Variable Trust • Nebraska

This will confirm the understanding and agreement (the “Agreement”) between the Northern Lights Variable Trust (the “Trust”) and Gemini Fund Services, LLC (“GFS"), (collectively, the “Parties”), with respect to GFS's provision of custody administration services (as "Custody Administrator") to certain series of the Trust.

NORTHERN LIGHTS VARIABLE TRUST OPERATING EXPENSES LIMITATION AGREEMENT CRITICAL MATH PORTFOLIO
Trust Operating Expenses Limitation Agreement • February 6th, 2007 • Northern Lights Variable Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 6th day of March, 2006, by and between NORTHERN LIGHTS VARIABLE TRUST, a Delaware business trust (the “Trust”), on behalf of the Critical Math Portfolio (the “Fund”), a series of the Trust and the Advisor of such Fund, Critical Math Advisors, LLC (the “Advisor”).

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