0000910472-12-000731 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST And CMG CAPITAL MANAGEMENT GROUP, INC.
Investment Advisory Agreement • March 12th, 2012 • Northern Lights Fund Trust • New York

AGREEMENT, made as of November 18, 2011, between Northern Lights Fund Trust, a Delaware statutory trust (the "Trust"), and CMG Capital Management Group, Inc., a corporation organized and existing under the laws of the State of Pennsylvania (the "Adviser") located at 150 N. Radnor-Chester Road, Suite A150, Radnor, Pennsylvania 19087.

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SUBADVISORY AGREEMENT
Subadvisory Agreement • March 12th, 2012 • Northern Lights Fund Trust • New York

THIS AGREEMENT is made and entered into as of this 27th day of February, 2009 as revised November 18, 2011, by and between CMG CAPITAL MANAGEMENT GROUP, INC. (the "Adviser"), a corporation registered under the Investment Advisers Act of 1940, as amended (the “Advisers Act”) located at located at 150 N. Radnor-Chester Road, Suite A150, Radnor, Pennsylvania 19087, and SCOTIA PARTNERS, LLC (the “Subadviser”), a limited liability company registered under the Advisers Act, located at 436 Ridge Road, Spring City, PA 19475, with respect to each Fund listed on Schedule A hereto (each, a “Fund”), each a series of the NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”).

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 LEADER SHORT-TERM BOND FUND LEADER TOTAL RETURN FUND
Distribution Plan and Agreement • March 12th, 2012 • Northern Lights Fund Trust

PLAN AND AGREEMENT made as of June 26, 2008, as revised March 25, 2010, as revised December 14, 2011 by and between Northern Lights Fund Trust (the "Trust") on behalf of its separate series, LEADER SHORT-TERM BOND FUND AND LEADER TOTAL RETURN FUND (each a “Fund” and collectively the “Funds”) and the distributor for the Funds, Foreside Distribution Services, L.P. (the “DISTRIBUTOR”).

NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AGREEMENT CMG TACTICAL EQUITY STRATEGY FUND
Trust Operating Expenses Limitation Agreement • March 12th, 2012 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of November 18, 2011, by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of CMG Tactical Equity Strategy Fund (the “Fund”) a series of the Trust, and the advisor of the Fund, CMG Capital Management Group, Inc. (the “Advisor”).

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