0000910472-09-000516 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and CHARIOT ADVISORS, LLC
Investment Advisory Agreement • July 10th, 2009 • Northern Lights Fund Trust • New York

AGREEMENT, made as of June 30, 2009 between Northern Lights Fund Trust, a Delaware statutory trust (the "Trust"), and Chariot Advisors, LLC., a limited liability company organized and existing under the laws of the State of North Carolina (the "Adviser") located at 8010 Arco Corporate Drive, Suite 175, Raleigh, NC 27617.

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NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AGREEMENT CHARIOT ABSOLUTE RETURN CURRENCY FUND
Operating Expenses Limitation Agreement • July 10th, 2009 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 30th day of June, 2009, by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of CHARIOT ABSOLUTE RETURN CURRENCY FUND (the “Fund”) a series of the Trust, and the advisor of the Fund, Chariot Advisors, LLC (the “Advisor”).

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