Letter Agreement Extending Management Agreements Between Citigroup Managed Futures LLC and SandRidge Capital, L.P. (June 30, 2007)
Citigroup Managed Futures LLC and SandRidge Capital, L.P. have agreed to extend the term of their existing management agreements for several commodity pools until June 30, 2008. All other terms of the original agreements remain unchanged. The extension applies to specific funds managed by SandRidge Capital, and the agreement is confirmed by signatures from both parties.
Exhibit 10.6
June 30, 2007
SandRidge Capital, L.P.
1300 Post Oak Blvd., Suite 325
Houston, Texas 77056
Attention: Mr. Andrew M. Rowe
Re: Management Agreement Renewals
Dear Mr. Rowe:
We are writing with respect to your management agreements concerning the commodity pools to which reference is made below (the ‘‘Management Agreements’’). We are extending the term of the Management Agreements through June 30, 2008 and all other provisions of the Management Agreements will remain unchanged.
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| • | SB Bristol Energy Fund LP |
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| • | CMF SandRidge Master Fund LP |
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| • | Citigroup Energy Advisors Portfolio L.P. |
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| • | SSB Diversified 2000 Futures Fund L.P. |
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| • | CMF SandRidge Feeder (Cayman) Ltd. |
Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Ms. Jennifer Magro at the address above or fax to ###-###-####. If you have any questions I can be reached at ###-###-####.
Very truly yours,
CITIGROUP MANAGED FUTURES LLC
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| By: | /s/ Jennifer Magro Jennifer Magro Chief Financial Officer and Director |
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| By: | /s/ Andrew M. Rowe |
Print Name: Andrew M. Rowe
JM/sr
