0000910472-14-001719 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST III and CANE ALTERNATIVE STRATEGIES FUND
Investment Advisory Agreement • April 22nd, 2014 • Northern Lights Fund Trust Iii • New York

AGREEMENT, made as of November 21 , 2013 between Northern Lights Fund Trust III, a Delaware statutory trust (the "Trust"), and CANE CAPITAL MANAGEMENT, LLC, a Delaware limited liability company (the "Adviser") located at 8440 Jefferson Hwy., Suite 402, Baton Rouge, LA 70809 ..

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NORTHERN LIGHTS FUND TRUST III OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT CANE CAPITAL MANAGEMENT, LLC
And Security Agreement • April 22nd, 2014 • Northern Lights Fund Trust Iii • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 21st day of November, 2013, by and between NORTHERN LIGHTS FUND TRUST III, a Delaware statutory trust (the “Trust”), on behalf of the Cane Alternatives Strategies Fund (the “Fund”) a series of the Trust, and the Advisor of the Fund, Cane Capital Management, LLC (the “Advisor”).

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