0001580642-15-001934 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and DEARBORN CAPITAL MANAGEMENT, LLC
Investment Advisory Agreement • April 30th, 2015 • Northern Lights Fund Trust • New York

AGREEMENT (the "Agreement"), made as of March 25, 2015 between Northern Lights Fund Trust, a Delaware statutory trust (the "Trust"), and Dearborn Capital Management, LLC, a Illinois Limited Liability Company (the "Adviser") located at 626 West Jackson Street, Chicago, IL 60611.

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SUBADVISORY AGREEMENT
Subadvisory Agreement • April 30th, 2015 • Northern Lights Fund Trust • Delaware

THIS AGREEMENT is made and entered into as of the 25th day of March, 2015, by and between Dearborn Capital Management, LLC, a limited liability company organized under the laws of Illinois, (the “Adviser”) registered under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), and Revolution Capital Management, LLC, a Colorado limited liability company (the “Subadviser”), with respect to the Grant Park Absolute Return Fund (the “Fund”), a series of the NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”).

NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT DEARBORN CAPITAL MANAGEMENT, LLC
Operating Expenses Limitation and Security Agreement • April 30th, 2015 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 25th day of March by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of Grant Park Absolute Return Fund and Grant Park Fixed Income Fund (each a “Fund” and collectively referred to as the “Funds”) a series of the Trust, and the Advisor of the Fund, Dearborn Capital Management, LLC (the “Advisor”).

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