0000910472-10-000272 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and CAPSTONE INVESTMENT FINANCIAL GROUP, INC.
Investment Advisory Agreement • March 24th, 2010 • Northern Lights Fund Trust • New York

AGREEMENT, made as of February 25, 2010 between Northern Lights Fund Trust, a Delaware statutory trust (the "Trust"), and Capstone Investment Financial Group, Inc., a Colorado corporation (the "Adviser") located at 615 North Nevada Avenue, Colorado Springs, CO 80903 ..

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SUBADVISORY AGREEMENT
Subadvisory Agreement • March 24th, 2010 • Northern Lights Fund Trust • Delaware

THIS AGREEMENT is made and entered into as of the 25th day of February, 2010, by and between Capstone Investment Financial Group, Inc. (the “Adviser”), a corporation registered under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), and Dunn Warren Investment Advisors, LLC, a limited liability company organized under the laws of Colorado (the “Subadviser”) and also registered under the Advisers Act, with respect to CIFG All Weather Fund (the “Fund”), a series of the NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”).

AMENDED AGREEMENT AND DECLARATION OF TRUST
Amended Agreement and Declaration • March 24th, 2010 • Northern Lights Fund Trust • Delaware
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