THIRD AMENDMENT TO INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST III and NEWFOUND RESEARCH, LLC
THIRD AMENDMENT TO INVESTMENT ADVISORY AGREEMENT
Between
NORTHERN LIGHTS FUND TRUST III
and
NEWFOUND RESEARCH, LLC
THIS THIRD AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT is made and entered into as of February 21, 2018, between Northern Lights Fund Trust III, a Delaware statutory trust (the “Trust”), and Newfound Research, LLC, a Delaware limited liability company (the “Adviser”) located at 000 Xxxxxxxx Xxxxxx, 0xx Xxxxx, Xxxxxx, XX 00000.
RECITALS:
WHEREAS, the parties previously entered into an Investment Advisory Agreement between Northern Lights Fund Trust III and the Adviser, dated as of August 28, 2014 (the “Agreement”);
WHEREAS, the Agreement continues in effect with respect to the Newfound Multi-Asset Income Fund Fund (the “Fund”) from year to year; provided, such continuance is approved at least annually before September 8th, (“Expiration Date”) each year by vote of a majority of the outstanding voting securities of the Fund or by the Trustees of the Trust;
WHEREAS, the purpose of this Amendment is to designate a new Expiration Date for the Agreement in order to align its annual renewal with other investment advisory agreements between the Adviser and the Trust;
NOW, THEREFORE, the parties hereto agree as follows:
| 1. | The Expiration Date in the Agreement is hereby amended to require annual approval to occur before May 19th each year, beginning in 2019. |
| 2. | The parties acknowledge and agree that all provisions of the Agreement remain in full force and effect. |
IN WITNESS WHEREOF, the parties have caused this Third Amendment to be signed by their respective officers thereunto duly authorized as of the date and year first above written.
NORTHERN LIGHTS FUND TRUST III
By: /s/ Xxxxxxx Xxxxxxxxxx
Name: Xxxxxxx Xxxxxxxxxx
Title: President
NEWFOUND RESEARCH, LLC
By: /s/ Xxx Rosedale
Name: Xxx Rosedale
Title: CEO
