AMENDMENT TO THE TRADING ADVISORY AGREEMENT

Contract Categories: Business Operations - Advisory Agreements
EX-10.4(B) 2 a13-8628_1ex10d4b.htm EX-10.4(B)

Exhibit 10.4(b)

 

AMENDMENT TO THE TRADING ADVISORY AGREEMENT

 

This AMENDMENT dated as of the 1st day of January 2013, to the AMENDED AND RESTATED TRADING ADVISORY AGREEMENT made as of the 1st day of September, 2011, (the “Trading Advisory Agreement”) among SYDLING FUTURES MANAGEMENT LLC, a Delaware limited liability company (“SFM”), AAA ENERGY OPPORTUNITIES FUND LLC, a Delaware limited liability company (the “Company”) and AAA CAPITAL MANAGEMENT ADVISORS, LTD., a Texas limited partnership (the “Advisor” or “AAA”, all parties together, the “Parties”).  Capitalized terms not defined herein have the meaning ascribed to those terms in the Trading Advisory Agreement.

 

W I T N E S S E T H:

 

WHEREAS, effective as of January 1, 2013, the Advisor’s monthly fee for professional management services is being decreased to 1/12 of 1.5% (1.5% per year); and

 

WHEREAS, the Parties wish to amend that Trading Advisory Agreement to reflect these changes.

 

NOW, therefore, the Parties agree as follows:

 

1.  Section 3(a), clause (i) shall be deleted and replaced by the following:

 

“pay the Advisor a monthly fee for professional management services equal to 1/12th of 1.5% (1.5% per year) of the month-end Net Assets of the Company allocated to the Advisor (computed monthly by multiplying the Company’s Net Assets allocated to the Advisor as of the last business day of each month by 1.5% and dividing the result thereof by 12); and”

 

2.  In all other respects the Trading Advisory Agreement remains unchanged and of full force and effect

 



 

IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of the day and year first above written.

 

 

SYDLING FUTURES MANAGEMENT LLC

 

 

 

 

 

 

By

/s/ Jerry Pascucci

 

 

Name: Jerry Pascucci

 

 

Title: President and Director

 

 

 

 

AAA ENERGY OPPORTUNITIES FUND LLC

 

 

 

 

By:

Sydling Futures Management LLC

 

 

(Trading Manager)

 

 

 

 

 

 

 

By

/s/ Jerry Pascucci

 

 

Name: Jerry Pascucci

 

 

Title: President and Director

 

 

 

 

 

 

 

AAA CAPITAL MANAGEMENT ADVISORS, LTD.

 

 

 

 

 

 

By

/s/ A. Anthony Annunziato

 

 

A. Anthony Annunziato

 

 

President