NORTHERN LIGHTS VARIABLE TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENTOperating Expenses Limitation and Security Agreement • April 21st, 2014 • Northern Lights Variable Trust • New York
Contract Type FiledApril 21st, 2014 Company JurisdictionTHIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the "Agreement") is effective as of March 26, 2014, by and between NORTHERN LIGHTS VARIABLE TRUST, a Delaware statutory trust (the "Trust"), on behalf of Mariner Hyman Beck Portfolio, (the “Fund”) and the Advisor of the Fund, Monte Capital Group, LLC. (the “Advisor”).