0000910472-13-002257 Sample Contracts

ETF DISTRIBUTION AGREEMENT
Etf Distribution Agreement • May 31st, 2013 • Northern Lights ETF Trust • Nebraska

This ETF Distribution Agreement (the “Agreement’) is effective the 10th day of November, 2012, between Northern Lights ETF Trust, a Delaware statutory trust (the “Trust”), on behalf of itself and the fund(s) listed on Schedule A, as may be amended from time to time (each, a “Fund”, and collectively, the “Funds”), and Northern Lights Distributors, LLC a Nebraska limited liability company (the “Distributor”).

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INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • May 31st, 2013 • Northern Lights ETF Trust • New York

Agreement made as of January 19, 2012, as amended and restated June 1, 2013, between NORTHERN LIGHTS ETF TRUST, a Delaware statutory trust (“Trust”), and ARROW INVESTMENT ADVISORS, LLC (“Adviser”), a Delaware limited liability company registered as an investment adviser under the Investment Advisers Act of 1940, as amended (“Advisers Act”).

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