0001580642-24-003302 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between NORTHERN LIGHTS FUND TRUST and BTS ASSET MANAGEMENT, INC.
Investment Advisory Agreement • June 26th, 2024 • Northern Lights Fund Trust

AGREEMENT, made as of March 27, 2024 between Northern Lights Fund Trust, a Delaware statutory trust (the "Trust"), and BTS Asset Management, Inc., a corporation organized and existing under the laws of the State of Massachusetts (the "Adviser") located at 55 Old Bedford Road, Suite 203, Lincoln, MA 01773.

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NORTHERN LIGHTS FUND TRUST OPERATING EXPENSES LIMITATION AGREEMENT BTSMANAGEDINCOMEFUND BTS TACTICAL FIXED INCOME FUND BTS ENHANCED EQUITY INCOME FUND
Operating Expenses Limitation Agreement • June 26th, 2024 • Northern Lights Fund Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the "Agreement") is effective May 19, 2015, as revised December 12, 2017 and March 27, 2024 by and between NORTHERN LIGHTS FUND TRUST, a Delaware statutory trust (the "Trust"), on behalf of BTS Managed Income Fund, BTS Tactical Fixed Income Fund and BTS Enhanced Equity Income Fund (each a "Fund" and collectively the "Funds") each a series of the Trust, and the advisor of such Funds, BTS Asset Management, Inc. (the "Advisor").

ADMINISTRATIVE SERVICES AGREEMENT
Administrative Services Agreement • June 26th, 2024 • Northern Lights Fund Trust

This Administrative Services Agreement (the "Agreement") is made as of January 22, 2024 by and among: (i) NORTHERN LIGHTS FUND TRUST (the "Trust"), a Delaware business trust registered as a management investment company under the Investment Company Act of 1940, as amended (the "1940 Act"), on behalf of the funds listed on Schedule A hereto as amended from time to time (the "Funds"; and each a "Fund"); and The Pacific Financial Group, Inc. ("TPFG"), a registered investment adviser under the Investment Advisers Act of 1940, as amended, solely for the purpose of providing administrative and shareholder services to the Funds and their shareholders, as provided below.

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