NORTHERN LIGHTS FUND TRUST III OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT HORIZON CAPITAL MANAGEMENT, INC.And Security Agreement • February 27th, 2014 • Northern Lights Fund Trust Iii • New York
Contract Type FiledFebruary 27th, 2014 Company JurisdictionTHIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 12th day of February, 2014, by and between NORTHERN LIGHTS FUND TRUST III, a Delaware statutory trust (the “Trust”), on behalf of the Issachar Fund (the “Fund”) a series of the Trust, and the Advisor of the Fund, Horizon Capital Management, Inc. (the “Advisor”).