INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS VARIABLE TRUST and MILLIMAN FINANCIAL RISK MANAGEMENT LLCInvestment Advisory Agreement • April 24th, 2013 • Northern Lights Variable Trust • New York
AGREEMENT, made as of March 27, 2013 between Northern Lights Variable Trust, a Delaware statutory trust (the "Trust"), and Milliman Financial Risk Management, LLC, a limited liability company organized and existing under the laws of the State of Chicago (the "Adviser") located at 71 S. Wacker Drive, 31st Floor, Chicago, IL 60606
