0001580642-17-000391 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and ALTEGRIS ADVISORS, LLC
Investment Advisory Agreement • January 25th, 2017 • Northern Lights Fund Trust • New York

AGREEMENT (the "Agreement"), made as of December 6, 2016 (the “Effective Date”) between Northern Lights Fund Trust, a Delaware statutory trust (the "Trust"), a Altegris Advisors, LLC, a Delaware Limited Liability Company (the "Adviser") located at 1200 Prospect Street, Suite 400, La Jolla, California 92037.

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NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT DEARBORN CAPITAL MANAGEMENT, LLC
And Security Agreement • January 25th, 2017 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 25th day of March, 2015, as revised December 6, 2016 by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of Grant Park Absolute Return Fund and Grant Park Fixed Income Fund (each a “Fund” and collectively referred to as the “Funds”) a series of the Trust, and the Advisor of the Fund, Dearborn Capital Management, LLC (the “Advisor”).

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