0000910472-11-000938 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and ALTRIUS INSTITUTIONAL ASSET MANAGEMENT, LLC
Investment Advisory Agreement • June 13th, 2011 • Northern Lights Fund Trust • New York

AGREEMENT, made as of March 23, 2011, between Northern Lights Fund Trust, a Delaware statutory trust (the "Trust"), and Altrius Institutional Asset Management, LLC., a North Carolina, limited liability company (the "Adviser") located at 1323 Commerce Drive, New Bern, NC 28562.

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NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT ALTRIUS INSTITUTIONAL ASSET MANAGEMENT, LLC
And Security Agreement • June 13th, 2011 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 23rd day of March, 2011, by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of Altrius Small Cap Value Fund (the “Fund”) a series of the Trust, and the Advisor of the Fund, Altrius Institutional Asset Management, LLC (the “Advisor”).

DISTRIBUTION PLAN PURSUANT TO RULE 12B-1 UNDER THE INVESTMENT COMPANY ACT OF 1940 NORTHERN LIGHTS FUND TRUST On behalf of its series ALTRIUS SMALL CAP VALUE FUND
Distribution Plan • June 13th, 2011 • Northern Lights Fund Trust

DISTRIBUTION PLAN made as of March 23, 2011, by and between Northern Lights Fund Trust (the "Trust") on behalf of its separate series, ALTRIUS SMALL CAP VALUE FUND, (the “Fund”) and the distributor for the Fund, Northern Lights Distributors, LLC (the “DISTRIBUTOR”).

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