0001580642-17-002434 Sample Contracts

NORTHERN LIGHTS VARIABLE TRUST OPERATING EXPENSES LIMITATION AGREEMENT
Trust Operating Expenses Limitation Agreement • April 18th, 2017 • Northern Lights Variable Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 20th day of November, 2014, as amended February 25, 2016, by and between NORTHERN LIGHTS VARIABLE TRUST, a Delaware statutory trust (the “Trust”), on behalf of Changing Parameters Portfolio, (the “Fund”) a series of the Trust and the Advisor of such Fund, Changing Parameters, LLC (the “Advisor”).

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