TAX-FREE FUND FOR UTAH SUB-ADVISORY AGREEMENT THIS AGREEMENT, made as of July 16, 1998 by and between AQUILA MANAGEMENT CORPORATION, a New York Corporation (the "Manager"), 380 Madison Avenue, Suite 2300, New York, New York 10017 and ZIONS FIRST...Sub-Advisory Agreement • August 31st, 1998 • Tax Free Fund for Utah
