NORTHERN LIGHTS VARIABLE TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENTOperating Expenses Limitation and Security Agreement • April 16th, 2014 • Northern Lights Variable Trust • New York
Contract Type FiledApril 16th, 2014 Company JurisdictionTHIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the "Agreement") is effective as of April 12, 2012, as revised March 26, 2014, by and between NORTHERN LIGHTS VARIABLE TRUST, a Delaware statutory trust (the "Trust"), on behalf of each of its series on Appendix A, (each a “Fund” and collectively the “Funds”) and the Advisor of such Funds, JNF Advisors, Inc. (the “Advisor”).