0000910472-11-001480 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and PEREGRINE ASSET MANAGEMENT, INC.
Investment Advisory Agreement • August 19th, 2011 • Northern Lights Fund Trust • New York

AGREEMENT, made as of February 23, 2011, between Northern Lights Fund Trust, a Delaware statutory trust (the "Trust"), and Peregrince Asset Management, Inc. a New York Corporation (the "Adviser") located at 311 W. Monroe St., Suite 1300, Chicago, IL 60606

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NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT PEREGRINE ASSET MANAGEMENT, INC.
Operating Expenses Limitation and Security Agreement • August 19th, 2011 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 23rd day of February, 2011, by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of Peregrine Gold and Silver Fund (the “Fund”) a series of the Trust, and the Advisor of the Fund, Peregrine Asset Management, Inc. (the “Advisor”).

DISTRIBUTION PLAN PURSUANT TO RULE 12B-1 UNDER THE INVESTMENT COMPANY ACT OF 1940 NORTHERN LIGHTS FUND TRUST On behalf of its series PEREGRINE GOLD SILVER ALPHA STRATEGY FUND
Distribution Plan • August 19th, 2011 • Northern Lights Fund Trust

DISTRIBUTION PLAN made as of February 23, 2011 by and between Northern Lights Fund Trust (the "Trust") on behalf of its separate series, PEREGRINE GOLD SILVER ALPHA STRATEGY FUND, (the “Fund”) and the distributor for the Fund, Northern Lights Distributors, LLC (the “DISTRIBUTOR”).

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