0001580642-15-004072 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST III and PINNACLE FAMILY ADVISORS, LLC
Investment Advisory Agreement • September 3rd, 2015 • Northern Lights Fund Trust Iii • New York

This AGREEMENT is made as of August 27, 2015 between NORTHERN LIGHTS FUND TRUST III, a Delaware statutory trust (the “Trust”), and Pinnacle Family Advisors, LLC, a Missouri limited liability company (the “Adviser”) located at 4200 S. Quail Creek Ave., Suite A, Springfield, MO 65810.

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NORTHERN LIGHTS FUND TRUST III OPERATING EXPENSES LIMITATION AGREEMENT PINNACLE SHERMAN MULTI-STRATEGY CORE FUND
Operating Expenses Limitation Agreement • September 3rd, 2015 • Northern Lights Fund Trust Iii • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 27th day of August, 2015, by and between NORTHERN LIGHTS FUND TRUST III, a Delaware statutory trust (the “Trust”), on behalf of the Pinnacle Sherman Multi-Strategy Core Fund (the “Fund”) a series of the Trust, and the Advisor of the Fund, Pinnacle Family Advisors, LLC, (the “Advisor”).

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