NORTHERN LIGHTS FUND TRUST III OPERATING EXPENSES LIMITATION AGREEMENT COUNTERPOINT TACTICAL INCOME FUNDCounterpoint Tactical Income Fund • September 24th, 2015 • Northern Lights Fund Trust Iii • New York
Contract Type FiledSeptember 24th, 2015 Company JurisdictionTHIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 3rd day of February, 2015, by and between NORTHERN LIGHTS FUND TRUST III, a Delaware statutory trust (the “Trust”), on behalf of the Counterpoint Tactical Income Fund (the “Fund”) a series of the Trust, and the Advisor of the Fund, Counterpoint Mutual Funds, LLC, (the “Advisor”).