0001580642-23-006315 Sample Contracts

NORTHERN LIGHTS FUND TRUST III OPERATING EXPENSES LIMITATION AGREEMENT THE TEBERG FUND
Agreement • November 22nd, 2023 • Northern Lights Fund Trust Iii • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 21st day of November, 2023, by and between NORTHERN LIGHTS FUND TRUST III, a Delaware statutory trust (the “Trust”), on behalf of The Teberg Fund (the “Fund”) a series of the Trust, and the Advisor of the Fund, Absolute Capital Management, LLC (the “Advisor”).

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INTERIM SUB-ADVISORY AGREEMENT
Interim Sub-Advisory Agreement • November 22nd, 2023 • Northern Lights Fund Trust Iii • New York

THIS INTERIM SUB-ADVISORY AGREEMENT (“Agreement”) is made and entered into as of 21st day of November, 2023, by and between ABSOLUTE CAPITAL MANAGEMENT, LLC, (the “Adviser”), a Pennsylvania limited liability company registered under the Investment Advisers Act of 1940, as amended (the “Advisers Act”) located at 101 Pennsylvania, Blvd., Pittsburgh, PA 15228, and First Associated Investment Advisors, Inc., a Minnesota corporation (the “Subadviser”) and also registered under the Advisers Act, with respect to the Teberg Fund (the “Fund”), a series of the NORTHERN LIGHTS FUND TRUST III, a Delaware statutory trust (the “Trust”).

INTERIM INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST III and ABSOLUTE CAPITAL MANAGEMENT, LLC
Investment Advisory Agreement • November 22nd, 2023 • Northern Lights Fund Trust Iii • New York

This INTERIM INVESTMENT ADVISORY AGREEMENT (“the “Agreement”) is made as of November 21, 2023 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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