0000910472-14-004773 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and LEADER CAPTIAL CORP.
Investment Advisory Agreement • October 29th, 2014 • Northern Lights Fund Trust • New York

AGREEMENT, made as of June 26, 2008, as revised March 25, 2010 and August 12, 2014 between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the "Trust"), and LEADER CAPITAL CORP. an Oregon Corporation ( the "Adviser") located at 121 SW Morrison St., Suite 425, Portland, OR 97204.

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NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT WINCH FINANCIAL, LLC
Operating Expenses Limitation and Security Agreement • October 29th, 2014 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 23rd day of February, 2011, as revised September 30, 2014 by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of Ginkgo Multi-Strategy Fund (the “Fund”) a series of the Trust, and the Advisor of the Fund, Winch Financial, LLC (the “Advisor”).

NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT
Operating Expenses Limitation and Security Agreement • October 29th, 2014 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the "Agreement") is effective as of March 15, 2013, as revised September 30, 2014 by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the "Trust"), on behalf of THE GIRALDA FUND (the “Fund”), a series of the Trust, and the Advisor of such Funds, Giralda Advisors, LLC (the “Advisor”).

SUBADVISORY AGREEMENT
Subadvisory Agreement • October 29th, 2014 • Northern Lights Fund Trust • New York

THIS AGREEMENT is made and entered into as of this 27th day of March, 2013, by and between CMG CAPITAL MANAGEMENT GROUP, INC. (the "Adviser"), a corporation registered under the Investment Advisers Act of 1940, as amended (the “Advisers Act”) located at located at 1000 Continental Drive, Suite 570, King of Prussia, PA 19406, and ALPHASIMPLEX GROUP, LLC (the “Subadviser”), a limited liability company registered under the Advisers Act, located at One Cambridge Center, Cambridge, MA 02142, with respect to each Fund listed on Schedule A hereto (each, a “Fund”), each a series of the NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”).

NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AGREEMENT LEADER CAPITAL CORP.
Operating Expenses Limitation Agreement • October 29th, 2014 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 26th day of June, 2008, as revised March 25, 2010, and September 24, 2013 and August 12, 2014, by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of Leader Short-Term Bond Fund and Leader Total Return Fund, (each a “Fund” and collectively the “Funds”) each a series of the Trust, and the Advisor of such Funds, Leader Capital Corp. (the “Advisor”).

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