0000910472-07-000194 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and PALANTIR CAPITAL MANAGEMENT, LTD.
Investment Advisory Agreement • May 3rd, 2007 • Northern Lights Fund Trust • Nebraska

AGREEMENT, made as of September 25, 2006, between Northern Lights Fund Trust, a Delaware business trust (the "Trust"), and Palantir Capital Management, LTD. (the "Advisor") located at 3355 West Alabama, Suite 1025, Houston, TX, 77098.

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FUND ACCOUNTING SERVICE AGREEMENT between NORTHERN LIGHTS FUND TRUST and INDEX
Fund Accounting Service Agreement • May 3rd, 2007 • Northern Lights Fund Trust • Nebraska

AGREEMENT made as of the 19th day of May 2005, as revised on June 22, 2006, by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust, having its principal office and place of business at 450 Wireless Boulevard, Hauppauge, New York 11788 (the "Trust") and Gemini Fund Services, LLC, a Nebraska limited liability company having its principal office and place of business at 450 Wireless Boulevard, Hauppauge, New York 11788 (“GFS”).

TRANSFER AGENCY SERVICE AGREEMENT
Transfer Agency Service Agreement • May 3rd, 2007 • Northern Lights Fund Trust • Nebraska

AGREEMENT made this 19th day of May 2005, as revised on June 22, 2006, by and between the NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust, having its principal office and place of business at 450 Wireless Boulevard, Hauppauge, NY 11788 (the “Trust”), and Gemini Fund Services, LLC, a Nebraska limited liability company having its principal office at 450 Wireless Boulevard, Hauppauge, NY 11788 (“GFS”).

ADMINISTRATION SERVICE AGREEMENT between NORTHERN LIGHTS FUND TRUST and
Administration Service Agreement • May 3rd, 2007 • Northern Lights Fund Trust • Nebraska

AGREEMENT made as of the 19th day of May 2005, as revised on June 22, 2006, by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust, having its principal office and place of business at 450 Wireless Boulevard, Hauppauge, New York 11788 (the "Trust") and Gemini Fund Services, LLC, a Nebraska limited liability company having its principal office and place of business at 450 Wireless Boulevard, Hauppauge, New York 11788 (“GFS”).

UNDERWRITING AGREEMENT Between NORTHERN LIGHTS FUND TRUST and AQUARIUS FUND DISTRIBUTORS, LLC
Underwriting Agreement • May 3rd, 2007 • Northern Lights Fund Trust • Nebraska

AGREEMENT made this 2nd day of August 2005, by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust, having its principal office and place of business at 150 Motor Parkway, Suite 205, Hauppauge, NY 11788 (the “Trust”), and AQUARIUS FUND DISTRIBUTORS, LLC, a Nebraska limited liability company having its principal office and place of business at 4020 South 147th Street, Omaha, Nebraska 68137 (“AFD”).

AGREEMENT
Custody Agreement • May 3rd, 2007 • Northern Lights Fund Trust • New York

AGREEMENT, dated as of May 19, 2005, as revised on September 25, 2006, between the NORTHERN LIGHTS FUND TRUST (the “Trust”), a statutory trust organized and existing under the laws of the State of Delaware having its principal office and place of business at 450 Wireless Boulevard, Hauppauge, New York 11788, and The Bank of New York, a New York corporation authorized to do a banking business having its principal office and place of business at One Wall Street, New York, New York 10286 (“Custodian”).

NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AGREEMENT PALANTIR FUND
Operating Expenses Limitation Agreement • May 3rd, 2007 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 30th day of March, 2007, by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of Palantir Fund, (the “Fund”) a series of the Trust and the Advisor of the Fund, Palantir Capital Management, Ltd. (the “Advisor”).

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