NORTHERN LIGHTS VARIABLE TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENTOperating Expenses Limitation and Security Agreement • April 30th, 2014 • Northern Lights Variable Trust • New York
Contract Type FiledApril 30th, 2014 Company JurisdictionTHIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 28th day of March, 2012, as revised March 26, 2014, by and between NORTHERN LIGHTS VARIABLE TRUST, a Delaware statutory trust (the “Trust”), on behalf of Power Income VIT Fund (the “Fund”) a series of the Trust, and the Advisor of the Fund, W.E. Donoghue & Co., Inc. (the “Advisor”).