Exhibit A

NORTHERN LIGHTS FUND TRUST III

CLASS R

MASTER DISTRIBUTION AND SHAREHOLDER SERVICING PLAN

Date Last Amended: May 25, 2016

Fund Name	Maximum Authorized Rate	Currently Approved Rate	Distributor
Boyd Watterson Limited Duration Enhanced Income Fund	0.30%	0.30%	Northern Lights Distributors, LLC
HCM Dividend Sector Plus Fund	0.10%	0.10%	Northern Lights Distributors, LLC
HCM Tactical Growth Fund	0.10%	0.10%	Northern Lights Distributors, LLC

Acknowledged and Approved by:

Northern Lights Fund Trust III:     By: /s/ James P. Ash James P. Ash, President Northern Lights Distributors, LLC:     By: /s/ Brian Nielsen Brian Nielsen, Chief Executive Officer