FORM OF INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS VARIABLE TRUST and RJO INVESTMENT MANAGEMENT, LLCInvestment Advisory Agreement • May 1st, 2012 • Northern Lights Variable Trust • New York
AGREEMENT, made as of February 22, 2012 between Northern Lights Variable Trust, a Delaware statutory trust (the "Trust"), and RJO Investment Management, LLC, a limited liability company organized and existing under the laws of the State of Illinois (the "Adviser") located at 222 South Riverside Plaza, Suite 900, Chicago, IL 60606.
NORTHERN LIGHTS VARIABLE TRUST FORM OF OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT RJO INVESTMENT MANAGEMENT, LLCOperating Expenses Limitation and Security Agreement • May 1st, 2012 • Northern Lights Variable Trust • New York
THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 22ND day of February, 2012, by and between NORTHERN LIGHTS VARIABLE TRUST, a Delaware statutory trust (the “Trust”), on behalf of Mariner Hyman Beck Portfolio (the “Fund”) a series of the Trust, and the Advisor of the Fund, RJO Investment Management, LLC (the “Advisor”).
