0001580642-21-002378 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and Wright Fund Management, LLC
Investment Advisory Agreement • May 14th, 2021 • Northern Lights Fund Trust • Nebraska

AGREEMENT, made as of March 23, 2021, between Northern Lights Fund Trust, a Delaware business trust (the "Trust"), and Wright Fund Management, LLC, a Delaware limited liability company (the "Advisor"), located at 3420 Ocean Park Boulevard, Santa Monica, CA.

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NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT
Operating Expenses Limitation Agreement • May 14th, 2021 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the "Agreement") is effective as of the 14th day of November, 2018, as revised, June 25, 2019, July 19, 2019, January 28, 2021 and March 23, 2021between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the "Trust"), on behalf of the Sierra Tactical All Asset Fund, Sierra Tactical Core Income Fund, and Sierra Tactical Municipal Fund, Sierra Tactical Risk Spectrum 30 Fund, Sierra Tactical Risk Spectrum 50 Fund, Sierra Tactical Risk Spectrum 70 Fund (each a “Fund” and collectively the "Funds") a series of the Trust and the Advisor of such Funds, Wright Fund Management, LLC (the "Advisor").

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