0001580642-18-005939 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST III and ABSOLUTE CAPITAL MANAGEMENT, LLC
Investment Advisory Agreement • December 14th, 2018 • Northern Lights Fund Trust Iii • New York

This INVESTMENT ADVISORY AGREEMENT (the “Agreement”) is made as of October 24, 2018 between NORTHERN LIGHTS FUND TRUST III, a Delaware statutory trust (the “Trust”), and Absolute Capital Management, LLC, a Pennsylvania limited liability company (the “Adviser”) located at 101 Pennsylvania, Blvd., Pittsburgh, PA 15228.

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SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • December 14th, 2018 • Northern Lights Fund Trust Iii • New York

THIS AGREEMENT (“Agreement”) is made and entered into as of August 22, 2018, by and between SWAN CAPITAL MANAGEMENT, INC., (the “Adviser”), a Colorado Corporation registered under the Investment Advisers Act of 1940, as amended (the “Advisers Act”) located at 1099 Main Avenue, Suite 206, Durango, Colorado 81301, and Swan Global Management, LLC a limited liability company organized under the laws of Puerto Rico (the “Subadviser”) and also registered under the Advisers Act, with respect to the Fund listed on Schedule A hereto (the “Fund”), series of the NORTHERN LIGHTS FUND TRUST III, a Delaware statutory trust (the “Trust”).

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