0000910472-11-002702 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and WRIGHT FUND MANAGEMENT, LLC
Investment Advisory Agreement • December 21st, 2011 • Northern Lights Fund Trust • New York

AGREEMENT, made as of September 22, 2011, between Northern Lights Fund Trust, a Delaware statutory trust (the "Trust"), and Wright Fund Management, LLC a Delaware Limited Liability Company (the "Adviser") located at 3420 Ocean Park Boulevard, Santa Monica, California 90405.

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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 SIERRA STRATEGIC INCOME FUND
Distribution Plan and Agreement • December 21st, 2011 • Northern Lights Fund Trust

DISTRIBUTION PLAN made as of November 18, 2011, as revised December 14, 2011, by and between Northern Lights Fund Trust (the "Trust") on behalf of its separate series, SIERRA STRATEGIC INCOME FUND (the “Fund”) and the distributor for the Fund, Northern Lights Distributors, LLC (the “DISTRIBUTOR”).

NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AGREEMENT SIERRA STRATEGIC INCOME FUND
Trust Operating Expenses Limitation Agreement • December 21st, 2011 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 18th day of November, 2011 as revised December 14, 2011, by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of the Sierra Strategic Income Fund, (the “Fund”) a series of the Trust and the Advisor of such Fund, Wright Fund Management, LLC (the “Advisor”).

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