0001580642-21-000544 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and CLARK CAPITAL MANAGEMENT GROUP, INC.
Investment Advisory Agreement • February 4th, 2021 • Northern Lights Fund Trust • New York

AGREEMENT, made as of December 16, 2020, between Northern Lights Fund Trust, a Delaware statutory trust (the "Trust"), and Clark Capital Management Group, Inc., a Philadelphia Corporation (the "Adviser") located at 1650 Market Street, 53'' Floor, Philadelphia, PA 19103.

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OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT CLARK CAPITAL MANAGEMENT GROUP, INC.
Operating Expenses Limitation and Security Agreement • February 4th, 2021 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the "Agreement") is effective as of the 16th day of December, 2020 by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the "Trust"), on behalf of Navigator Ultra Short Bond Fund (the "Fund") a series of the Trust, and the Advisor of the Fund, Clark Capital Management Group, Inc. (the "Advisor").

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