NORTHERN LIGHTS FUND TRUST III OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT RESQ ABSOLUTE EQUITY FUND RESQ ABSOLUTE INCOME FUNDOperating Expenses Limitation and Security Agreement • September 3rd, 2014 • Northern Lights Fund Trust Iii • New York
Contract Type FiledSeptember 3rd, 2014 Company JurisdictionTHIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 28th day of August, 2014, by and between NORTHERN LIGHTS FUND TRUST III, a Delaware statutory trust (the “Trust”), on behalf of RESQ Absolute Equity Fund, and RESQ Absolute Income Fund (each a “Fund” and collectively the “Funds”) a series of the Trust, and the Advisor of the Funds, RESQ Investment Partners, LLC (the “Advisor”).