Management Agreement Renewal Letter between Ceres Managed Futures LLC and Graham Capital Management, L.P. (June 2015)
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, 2016. All other terms of the original agreements remain unchanged. The renewal applies to the Diversified 2000 Futures Fund L.P., Tactical Diversified Futures Fund L.P., CMF Graham Capital Master Fund L.P., and MSMF Custom Solutions Fund L.P. Both parties have acknowledged the extension by signing this letter.
Exhibit 10.3(a)
June 1, 2015
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, 2016 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. |
| • | MSMF Custom Solutions Fund L.P. |
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 or fax to ###-###-####. If you have any questions, I can be reached at ###-###-#### or contact Jack Yuen 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 | ||
| AL/sr | ||
