0000910472-13-005292 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST III and THE TEBERG FUND
Investment Advisory Agreement • December 13th, 2013 • Northern Lights Fund Trust Iii • New York

AGREEMENT, made as of August 22 , 2013 between Northern Lights Fund Trust III, a Delaware statutory trust (the "Trust"), and FIRST ASSOCIATED INVESTMENT ADVISORS, INC., a Minnesota corporation (the "Adviser") located at 5161 Miller Trunk Highway, Duluth, MN 55811 ..

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NORTHERN LIGHTS FUND TRUST III OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT FIRST ASSOCIATED INVESTMENT ADVISORS, INC.
Operating Expenses Limitation and Security Agreement • December 13th, 2013 • Northern Lights Fund Trust Iii • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 22nd day of August, 2013, by and between NORTHERN LIGHTS FUND TRUST III, a Delaware statutory trust (the “Trust”), on behalf of The Teberg Fund (the “Fund”) a series of the Trust, and the Advisor of the Fund, First Associated Investment Advisors, Inc. (the “Advisor”).

TRANSFER AGENT SERVICING AGREEMENT
Transfer Agent Servicing Agreement • December 13th, 2013 • Northern Lights Fund Trust Iii • Wisconsin

THIS AGREEMENT is made and entered into as of the 13th day of December, 2013, by and between NORTHERN LIGHTS FUND TRUST III, a Delaware statutory trust (the "Trust") and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company ("USBFS").

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