NORTHERN LIGHTS VARIABLE TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT COMMERCE ASSET MANAGEMENT, LLCOperating Expenses Limitation and Security Agreement • April 20th, 2016 • Northern Lights Variable Trust • New York
Contract Type FiledApril 20th, 2016 Company JurisdictionTHIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 6th day of February, 2013, by and between NORTHERN LIGHTS VARIABLE TRUST, a Delaware statutory trust (the “Trust”), on behalf of CAM Hedge VIT Fund (the “Fund”) a series of the Trust, and the Advisor of the Fund, Commerce Asset Management, LLC (the “Advisor”).