NORTHERN LIGHTS FUND TRUST II OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT INNEALTA CAPITAL COUNTRY ROTATION FUND INNEALTA CAPITAL SECTOR ROTATION FUNDAnd Security Agreement • July 27th, 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 INNEALTA CAPITAL COUNTRY ROTATION FUND AND INNEALTA CAPITAL SECTOR ROTATION FUND, (the “Funds”) each a series of the Trust, and the advisor of such Fund, Al Frank Asset Management, Inc. (the “Advisor”).
