0001580642-17-003902 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST III and COUNTERPOINT MUTUAL FUNDS, LLC
Investment Advisory Agreement • July 14th, 2017 • Northern Lights Fund Trust Iii • New York

This AGREEMENT is made as of May 31, 2017 between NORTHERN LIGHTS FUND TRUST III, a Delaware statutory trust (the “Trust”), and Counterpoint Mutual Funds, LLC, a California limited liability company (the “Adviser”) located at 127607 High Bluff Drive, Suite 280, San Diego, CA 92130 .

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CUSTODY AGREEMENT
Custody Agreement • July 14th, 2017 • Northern Lights Fund Trust Iii • Ohio

THIS CUSTODY AGREEMENT (this “Agreement”), is made as of June 7, 2017, by and between NORTHERN LIGHTS FUND TRUST III, a statutory trust organized under the laws of the State of Delaware (the "Company"), and FIFTH THIRD BANK, an Ohio banking corporation (the "Custodian").

NORTHERN LIGHTS FUND TRUST III OPERATING EXPENSES LIMITATION AGREEMENT COUNTERPOINT LONG-SHORT EQUITY FUND
Operating Expenses Limitation Agreement • July 14th, 2017 • Northern Lights Fund Trust Iii • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 31st day of May, 2017, by and between NORTHERN LIGHTS FUND TRUST III, a Delaware statutory trust (the “Trust”), on behalf of the Counterpoint Long-Short Equity Fund (the “Fund”) a series of the Trust, and the Advisor of the Fund, Counterpoint Mutual Funds, LLC, (the “Advisor”).

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