0000910472-12-001792 Sample Contracts

NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AGREEMENT SIERRA STRATEGIC INCOME FUND
Fund Trust Operating Expenses Limitation Agreement • June 11th, 2012 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 18th day of November, 2011 as revised December 14, 2011, by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of the Sierra Strategic Income Fund, (the “Fund”) a series of the Trust and the Advisor of such Fund, Wright Fund Management, LLC (the “Advisor”).

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