Trendrating Innovative Equity Sample Contracts

NORTHERN LIGHTS FUND TRUST III OPERATING EXPENSES LIMITATION AGREEMENT PINNACLE DYNAMIC GROWTH FUND PINNACLE TRENDRATING INNOVATIVE EQUITY FUND
Trendrating Innovative Equity • November 16th, 2018 • Northern Lights Fund Trust Iii • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 22nd day of August, 2018, by and between NORTHERN LIGHTS FUND TRUST III, a Delaware statutory trust (the “Trust”), on behalf of the Pinnacle Dynamic Growth Fund and Pinnacle TrendRating Innovative Equity Fund, (each a “Fund” and collectively the “Funds”) each a series of the Trust, and the Advisor of the Funds, Pinnacle Family Advisors, LLC, (the “Advisor”).

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