NORTHERN LIGHTS VARIABLE TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT PROBABILITIES FUND MANAGEMENT, LLCOperating Expenses Limitation and Security Agreement • April 22nd, 2014 • Northern Lights Variable Trust • New York
Contract Type FiledApril 22nd, 2014 Company JurisdictionTHIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 12th day of November, 2013, by and between NORTHERN LIGHTS VARIABLE TRUST, a Delaware statutory trust (the “Trust”), on behalf of Probabilities VIT Fund (the “Fund”) a series of the Trust, and the co-advisors of the Fund, Probabilities Fund Management, LLC and Princeton Fund Advisors, LLC (the “Co-Advisors”).