0001580642-16-008196 Sample Contracts

NORTHERN LIGHTS VARIABLE TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT COMMERCE ASSET MANAGEMENT, LLC
And Security Agreement • April 20th, 2016 • Northern Lights Variable Trust • New York

THIS 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”).

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