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
Contract Type FiledJuly 27th, 2012 Company JurisdictionTHIS 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”).