0000910472-10-000061 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and STRATEGIC ADVISORS, LLC
Investment Advisory Agreement • January 28th, 2010 • Northern Lights Fund Trust • New York

AGREEMENT, made as of January 13, 201 0 between Northern Lights Fund Trust, a Delaware statutory trust (the "Trust"), and Strategic Advisors, LLC, a limited liability company organized and existing under the laws of the State of Delaware (the “Adviser") located at 2435 N. Central Expressway, Suite 888, Richardson, TX 75080.

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DISTRIBUTION PLAN AND AGREEMENT PURSUANT TO RULE 12B-1 UNDER THE INVESTMENT COMPANY ACT OF 1940 NORTHERN LIGHTS FUND TRUST On behalf of its series BIONDO FOCUS FUND
Distribution Plan and Agreement • January 28th, 2010 • Northern Lights Fund Trust

DISTRIBUTION PLAN made as of December 14, 2009 by and between Northern Lights Fund Trust (the "Trust") on behalf of its separate series, BIONDO FOCUS FUND (the “Fund”) and the distributor for the Fund, Northern Lights Distributors, LLC (the “DISTRIBUTOR”).

NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AGREEMENT ARROW INVESTMENT ADVISORS, LLC
Trust Operating Expenses Limitation Agreement • January 28th, 2010 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 28th day of June, 2007, as revised March 17, 2008, September 25, 2008, December 15, 2008 and September 24, 2009 by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of the Arrow DWA Systematic RS Fund and Arrow DWA Tactical Fund, (each a “Fund” and collectively the “Funds”) each a series of the Trust and the Advisor of such Funds, Arrow Investment Advisors, LLC (the “Advisor”).

NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT STRATEGIC INVESTING LONG/SHORT FUND
And Security Agreement • January 28th, 2010 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 13th day of January, 2010, by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of Strategic Investing Long/Short Fund (the “Fund”) a series of the Trust, and the advisor of the Fund, Strategic Advisors, LLC (the “Advisor”).

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