0000910472-14-002989 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and CLARK CAPITAL MANAGEMENT GROUP, INC.
Investment Advisory Agreement • July 11th, 2014 • Northern Lights Fund Trust • New York

AGREEMENT, made as of February 25, 2014, between Northern Lights Fund Trust, a Delaware statutory trust (the "Trust"), and Clark Capital Management Group, Inc., a Philadelphia Corporation (the "Adviser") located at 1650 Market Street, 53rd Floor, Philadelphia, PA 19103.

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NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT DEARBORN CAPITAL MANAGEMENT, LLC
And Security Agreement • July 11th, 2014 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 24th day of September, 2013, by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of Grant Park Multi-Alternative Strategies Fund (the “Fund”) a series of the Trust, and the Advisor of the Fund, Dearborn Capital Management, LLC (the “Advisor”).

NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AGREEMENT ADAPTIVE ALLOCATION FUND
Trust Operating Expenses Limitation Agreement • July 11th, 2014 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 19TH day of December, 2005, as amended on March 17, 2008 and December 14, 2009, as revised May 20, 2014, by and between NORTHERN LIGHTS FUND TRUST, a Delaware business trust (the “Trust”), on behalf of the Adaptive Allocation Fund, (the “Fund”) a series of the Trust and the Advisor of such Fund, Critical Math Advisors, LLC (the “Advisor”).

NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AGREEMENT CROW POINT PARTNERS, LLC
Trust Operating Expenses Limitation Agreement • July 11th, 2014 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 17th day of March, 2008, as revised March 25, 2010 and August 12, 2014 by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of EAS Crow Point Alternatives Fund, (the “Fund”) a series of the Trust, and the Advisor of the Fund, Crow Point Partners, LLC (the “Advisor”).

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