0001580642-19-005308 Sample Contracts

NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AGREEMENT TOEWS TACTICAL OCEANA FUND TOEWS TACTICAL INCOME FUND TOEWS TACTICAL MONUMENT FUND TOEWS TACTICAL OPPORTUNITY FUND TOEWS TACTICAL GROWTH ALLOCATION FUND TOEWS TACTICAL DEFENSIVE ALPHA...
Operating Expenses Limitation Agreement • November 27th, 2019 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 1st day of May 2009, as revised December 14, 2009, May 20, 2010, June 22, 2011, March 27, 2013, August 12, 2014, and August 20, 2019 by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the “Trust”), on behalf of Toews Tactical Oceana Fund, Toews Tactical Income Fund, Toews Tactical Monument Fund, Toews Tactical Opportunity Fund, Toews Tactical Growth Allocation Fund, Toews Tactical Defensive Alpha Fund and Toews Unconstrained Income Fund (each a “Fund” and collectively the “Funds”), each a series of the Trust, and the Advisor of such Funds, Toews Corporation (the “Advisor”).

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