AGREEMENT AND PLAN OF REORGANIZATION AND TERMINATIONAgreement and Plan of Reorganization and Termination • November 19th, 2014 • Northern Lights Fund Trust • Delaware
THIS AGREEMENT AND PLAN OF REORGANIZATION AND TERMINATION (“Agreement”) is made as of November 18, 2014, among NORTHERN LIGHTS FUND TRUST., a Delaware trust, with its principal place of business at 17605 Wright Street, Omaha, Nebraska 68130 (the “Trust”), on behalf of BTS Bond Asset Allocation Fund, a series of the Trust (the “Target Fund”) and on behalf of BTS Tactical Fixed Income Fund, a series of the Trust (the “Survivor Fund”); and, solely for purposes of paragraph 6, BTS ASSET MANAGEMENT, INC., adviser to the Target Fund and Survivor Fund (“Adviser”). (each Target Fund and Survivor Fund is sometimes referred to herein as a “Fund.”) Notwithstanding anything to the contrary contained herein, (1) the agreements, covenants, representations, warranties, actions, and obligations (collectively, “Obligations”) of and by each Fund -- and of and by the Trust of which that Fund is a series, on that Fund’s behalf -- shall be the Obligations of that Fund only, (2) all rights and benefits crea
