c/o Northern Lights Fund Trust 4221 North 203rd Street, Suite 100 Elkhorn, NE 68022Northern Lights Fund Trust • September 23rd, 2020
Re: AGREEMENT AND PLAN OF REORGANIZATION AND TERMINATION, DATED AS OF JULY 31, 2020 (THE "AGREEMENT"), AMONG NORTHERN LIGHTS FUND TRUST, a DELAWARE STATURORY TRUST (THE "TRUST") on behalf of ITS SERIES, TOEWS TACTICAL GROWTH ALLOCATION Fund (THE "TRANSFERRING FUND") AND ITS SERIES, TOEWS TACTICAL MONUMENT FUND (THE "ACQUIRING FUND") AND, SOLELY FOR PURPOSES OF PARAGRAPH 6 THEREOF, TOEWS CORPORATION (THE "ADVISER")
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...Fund Trust Operating Expenses Limitation Agreement • September 23rd, 2020 • 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”).
