0001580642-15-004130 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and PRINCETON FUND ADVISORS, LLC
Investment Advisory Agreement • September 8th, 2015 • Northern Lights Fund Trust • New York

AGREEMENT, made as of June 30, 2015 between Northern Lights Fund Trust, a Delaware statutory trust (the "Trust"), and Princeton Fund Advisors, LLC, a Delaware limited liability company (the "Adviser") located at 1125 17th Street, Suite 1400, Denver, CO 80202.

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SUBADVISORY AGREEMENT
Subadvisory Agreement • September 8th, 2015 • Northern Lights Fund Trust • Delaware

THIS SUBADVISORY AGREEMENT is made and entered into as of ________ ___, 2015, by and between Princeton Fund Advisors, LLC (the “Adviser”), a Delaware limited liability company located at 1125 17th Street, Suite 1400, Denver, CO 80202 and registered under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), and Deer Park Road Management Company, LP (the “Subadviser”), a Delaware limited partnership located at 1865 Ski Time Square, Suite 102, Steamboat Springs, CO 80447 and also registered under the Advisers Act, with respect to the Deer Park Total Return Credit Fund (the “Fund”), a series of the NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”).

NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AGREEMENT
Operating Expenses Limitation Agreement • September 8th, 2015 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 30th day of June, 2015 by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of Deer Park Total Return Credit Fund (the “Fund”) a series of the Trust, and the advisor of the Fund, Princeton Fund Advisors, LLC (the “Advisor”).

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