NORTHERN LIGHTS VARIABLE TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENTOperating 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 28th day of March, 2012, as revised March 26, 2014, by and between NORTHERN LIGHTS VARIABLE TRUST, a Delaware statutory trust (the “Trust”), on behalf of Power Income VIT Fund (the “Fund”) a series of the Trust, and the Advisor of the Fund, W.E. Donoghue & Co., Inc. (the “Advisor”).