0001580642-15-002788 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and PRINCETON FUND ADVISORS, LLC
Investment Advisory Agreement • June 26th, 2015 • Northern Lights Fund Trust • New York

AGREEMENT, made as of June 30, 2015 between Northern Lights Fund Trust, a Delaware statutory trust (the "Trust"), and Princeton Fund Advisors, LLC, a Delaware limited liability company (the "Adviser") located at 1125 17th Street, Suite 1400, Denver, CO 80202.

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SUBADVISORY AGREEMENT
Subadvisory Agreement • June 26th, 2015 • Northern Lights Fund Trust • Delaware

THIS AGREEMENT is made and entered into as of the 30th day of June, 2015, by and between Princeton Fund Advisors, LLC (the “Adviser”), a Delaware limited liability company registered under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), and Deer Park Road Management Company, LP, a limited liability company organized under the laws of Colorado (the “Subadviser”) and also registered under the Advisers Act, with respect to Athena Value Fund (the “Fund”), a series of the NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”).

UNDERWRITING AGREEMENT BETWEEN NORTHERN LIGHTS FUND TRUST and NORTHERN LIGHTS DISTRIBUTORS, LLC
Underwriting Agreement • June 26th, 2015 • Northern Lights Fund Trust • Nebraska

THIS UNDERWRITING AGREEMENT effective the 30th day of April, 2015, by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust, having its principal office and place of business at 17605 Wright Street, Omaha, Nebraska 68130 (the “Trust”), and NORTHERN LIGHTS DISTRIBUTORS, LLC, a Nebraska limited liability company having its principal office and place of business at 17605 Wright Street, Omaha, Nebraska 68130 (“NLD”).

NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AGREEMENT
Operating Expenses Limitation Agreement • June 26th, 2015 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 30th day of June, 2015 by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of Deer Park Total Return Credit Fund (the “Fund”) a series of the Trust, and the advisor of the Fund, Princeton Fund Advisors, LLC (the “Advisor”).

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