SELLING AGREEMENT SMITH HAYES FINANCIAL SERVICES CORPORATION FREEDOM FUNDS MANAGEMENT COMPANYSelling Agreement • January 29th, 2007 • Colorado Bondshares a Tax Exempt Fund • Colorado
We are the distributor and principal underwriter of the shares of Colorado BondShares — A Tax-Exempt Fund (the “Shares”) for which Freedom Funds Management Company, a Delaware corporation, provides investment advisory services. We understand that you are a member of the National Association of Securities Dealers, Inc. On the basis of such understanding, we invite you to participate in distributing the Shares of the Fund on the following terms:
