0001580642-17-005778 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and
Investment Advisory Agreement • October 30th, 2017 • Northern Lights Fund Trust • New York

AGREEMENT, made as of June 27, 2017, between Northern Lights Fund Trust, a Delaware statutory trust (the "Trust"), and W.E. Donoghue & Co., LLC, a Delaware Limited Liability Company (the "Adviser") located at 629 Washington Street, Norwood, Massachusetts 02062.

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NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT
Operating Expenses Limitation and Security Agreement • October 30th, 2017 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 20th day of May, 2010, as revised on the 12th day of August, 2014, the 23rd day of March, 2016, and the 27th day of June, 2017 by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of Power Income Fund, Power Dividend Index Fund and Power Momentum Index Fund, Power Floating Rate Index Fund, and Power Dividend Mid-Cap Index Fund (each a “Fund” and collectively the “Funds”) each a series of the Trust, and the advisor of such Funds, W.E. Donoghue & Co., LLC (the “Advisor”).

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