0001580642-17-002397 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS VARIABLE TRUST and ASTOR ASSET MANAGEMENT, LLC
Investment Advisory Agreement • April 17th, 2017 • Northern Lights Variable Trust • New York

AGREEMENT, made as of March 29, 2017 between Northern Lights Variable Trust, a Delaware statutory trust (the "Trust"), and Astor Asset Management, LLC, a limited liability company organized and existing under the laws of the State of Illinois (the Adviser") located at 111 S. Wacker Drive, Suite 3950, Chicago, IL 60606.

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NORTHERN LIGHTS VARIABLE TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT ASTOR MACRO ALTERNATIVE PORTFOLIO
And Security Agreement • April 17th, 2017 • Northern Lights Variable Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 29th day of March, 2017, by and between NORTHERN LIGHTS VARIABLE TRUST, a Delaware statutory trust (the “Trust”), on behalf of Astor Macro Alternative Portfolio (the “Fund”) a series of the Trust, and the advisor of the Fund, Astor Investment Management LLC (the “Advisor”).

INVESTMENT ADVISORY AGREEMENT Between AMAP FUND LIMITED and Astor Investment Management LLC
Investment Advisory Agreement • April 17th, 2017 • Northern Lights Variable Trust • New York

AGREEMENT, made as of March 29, 2017, between AMAP Fund Limited, an exempt Cayman Islands company of limited liability (the "Company"), and Astor Investment Management LLC (the "Adviser") located at 111 South Wacker Drive, Suite 3950, Chicago Illinois 60606.

ADMINISTRATIVE SERVICES AGREEMENT by and between AMAP FUND LIMITED And Gemini Fund Services, LLC
Administrative Services Agreement • April 17th, 2017 • Northern Lights Variable Trust • New York

ADMINISTRATIVE SERVICES AGREEMENT made as of March 29, 2017 by and between AMAP Fund Limited, incorporated as an exempted company with limited liability under the laws of the Cayman Islands (the “Company”), and Gemini Fund Services, LLC (“GFS” or the “Administrator”), a Nebraska limited liability company having its principal office and place of business at 80 Arkay Drive, Suite 110, Hauppauge, New York 11788.

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