0001398344-13-001317 Sample Contracts

GREEN ALPHA ADVISORS, LLC DISCRETIONARY SUB-ADVISORY AGREEMENT
Green Alpha Advisors • March 8th, 2013 • Shelton Funds • California

THIS AGREEMENT (this “Agreement”), is made and entered into as of February 14, 2013, and shall be effective as of March 8, 2013, by and between CCM Partners, L.P., a company incorporated and existing under the laws of California whose principal place of business is at 44 Montgomery Street, Suite 2100, San Francisco, California (“you” or the “Advisor”), and Green Alpha Advisors, LLC., a company incorporated and existing under the laws of Colorado whose principal place of business is at 1906 13th Street Suite 302, Boulder, Colorado (“we,” “us,” “our” or the “Sub-Advisor”).

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INVESTMENT ADVISORY AGREEMENT SHELTON GREEN ALPHA FUND
Investment Advisory Agreement • March 8th, 2013 • Shelton Funds • California

This Investment Advisory Agreement (the “Agreement”) is made as of February 14, 2013, and shall be effective as of March 8, 2013, by and between the Shelton Funds, a Delaware business trust (the “Trust”) and CCM Partners, a limited partnership organized and existing under the laws of the State of California (the “Advisor”).

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