0000910472-13-000352 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST II and AFAM CAPITAL, INC.
Investment Advisory Agreement • February 1st, 2013 • Northern Lights Fund Trust Ii • New York

AGREEMENT, made as of October 28, 2011, as amended November 26, 2012, between NORTHERN LIGHTS FUND TRUST II, a Delaware statutory trust (the "Trust"), and AFAM CAPITAL, INC. a California corporation (the "Adviser"), located at 12117 FM 2244. Bldg. 3, #170, Austin, TX 78738.

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NORTHERN LIGHTS FUND TRUST II OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT AFTERSHOCK STRATEGIES FUND
And Security Agreement • February 1st, 2013 • Northern Lights Fund Trust Ii • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 3rd day of May, 2012, by and between NORTHERN LIGHTS FUND TRUST II, a Delaware business trust (the “Trust”), on behalf of the AFTERSHOCK STRATEGIES FUND, (the “Fund”) a series of the Trust, and the advisor of such Fund, Absolute Investment Management, LLC (the “Advisor”).

Master Securities Loan Agreement
Securities Loan Agreement • February 1st, 2013 • Northern Lights Fund Trust Ii • New York
NORTHERN LIGHTS FUND TRUST II OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT AL FRANK FUND AL FRANK DIVIDEND VALUE FUND
And Security Agreement • February 1st, 2013 • Northern Lights Fund Trust Ii • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 26th day of November, 2012, by and between NORTHERN LIGHTS FUND TRUST II, a Delaware business trust (the “Trust”), on behalf of the AL FRANK FUND AND AL FRANK DIVIDEND VALUE FUND, (the “Funds”; and each a “Fund”) each a series of the Trust, and the advisor of such Funds, AFAM Capital, Inc.. (the “Advisor”).

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