Management Agreement Renewal Extension between Ceres Managed Futures LLC and Graham Capital Management, L.P.
Ceres Managed Futures LLC and Graham Capital Management, L.P. have agreed to extend the term of their existing management agreements for several commodity pools until June 30, 2018. All other terms and conditions of the original agreements remain unchanged. The extension applies to the Diversified 2000 Futures Fund L.P., Tactical Diversified Futures Fund L.P., CMF Graham Capital Master Fund L.P., and Managed Futures Custom Solutions Fund LP. Both parties have acknowledged the extension by signing this letter.
Exhibit 10.5(a)
June 1, 2017
Graham Capital Management, L.P.
Rock Ledge Financial Center
40 Highland Avenue
Rowayton, CT 06853
Attention: Mr. Paul Sedlack
| Re: | Management Agreement Renewals |
Dear Mr. Sedlack:
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, 2018 and all other provisions of the Management Agreements will remain unchanged.
| • | Diversified 2000 Futures Fund L.P. |
| • | Tactical Diversified Futures Fund L.P. |
| • | CMF Graham Capital Master Fund L.P. |
| • | Managed Futures Custom Solutions Fund LP |
Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Mr. Patrick T. Egan at 522 Fifth Avenue – 7th Floor, New York, NY 10036. If you have any questions, I can be reached at ###-###-####.
Very truly yours,
| CERES MANAGED FUTURES LLC | ||
| By: /s/ Patrick T. Egan | ||
| Patrick T. Egan | ||
| President and Director | ||
| GRAHAM CAPITAL MANAGEMENT, L.P. | ||
| By: /s/ Paul Sedlack | ||
| Print Name: Paul Sedlack | ||
PE/tr
