0000910472-12-003164 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST II and ABSOLUTE INVESTMENT MANAGEMENT, LLC
Investment Advisory Agreement • October 19th, 2012 • Northern Lights Fund Trust Ii • New York

AGREEMENT, made as of May 3, 2012 between NORTHERN LIGHTS FUND TRUST II, a Delaware statutory trust (the "Trust"), and ABSOLUTE INVESTMENT MANAGEMENT, LLC, a Maryland limited liability company (the "Adviser"), located at 7315 Wisconsin Avenue, Suite 750, West Tower, Bethesda, MD 20814.

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NORTHERN LIGHTS FUND TRUST II OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT INFLATION HEDGES STRATEGY FUND
And Security Agreement • October 19th, 2012 • Northern Lights Fund Trust Ii • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 3rd day of May, 2012, by and between NORTHERN LIGHTS FUND TRUST II, a Delaware business trust (the “Trust”), on behalf of the INFLATION HEDGES STRATEGY FUND, (the “Fund”) a series of the Trust, and the advisor of such Fund, North Peak Asset Management, LLC (the “Advisor”).

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