0000910472-12-000014 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST II and KOTTKE MANAGED COMMODITIES, LLC
Investment Advisory Agreement • January 4th, 2012 • Northern Lights Fund Trust Ii • New York

AGREEMENT, made as of October 28, 2011 between Northern Lights Fund Trust II, a Delaware statutory trust (the "Trust"), and Kottke Managed Commodities, LLC , an Illinois limited liability company (the "Adviser"), located at 141 W. Jackson Blvd, Chicago, IL 60604.

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NORTHERN LIGHTS FUND TRUST II OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT KOTTKE COMMODITY STRATEGIES FUND
And Security Agreement • January 4th, 2012 • Northern Lights Fund Trust Ii • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 28th day of October, 2011, by and between NORTHERN LIGHTS FUND TRUST II, a Delaware business trust (the “Trust”), on behalf of the KOTTKE COMMODITY STRATEGIES FUND, (the “Fund”) a series of the Trust, and the Advisor of such Fund, Kottke Managed Commodities, LLC (the “Advisor”).

DISTRIBUTION PLAN PURSUANT TO RULE 12B-1 UNDER THE INVESTMENT COMPANY ACT OF 1940 NORTHERN LIGHTS FUND TRUST II On behalf of its series IASG Managed Futures Strategy Fund
Distribution Plan • January 4th, 2012 • Northern Lights Fund Trust Ii

DISTRIBUTION PLAN made as of October 28, 2011 by and between Northern Lights Fund Trust II (the "Trust") on behalf of its separate series, IASG MANAGED FUTURES STRATEGY FUND, (the “Fund”) and the distributor for the Fund, Northern Lights Distributors, LLC (the “DISTRIBUTOR”).

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