Management Agreement Renewal Letter between Ceres Managed Futures LLC and Aspect Capital Ltd. (June 2015)
Ceres Managed Futures LLC and Aspect Capital Ltd. have agreed to extend the term of their existing management agreements for several commodity pools until June 30, 2016. All other terms and conditions of the original agreements remain unchanged. The renewal applies to multiple funds managed by Aspect Capital Ltd. Both parties confirm the extension by signing and returning the letter.
Exhibit 10.5(a)
| 522 Fifth Avenue New York, NY 10036 |
June 1, 2015
Aspect Capital Ltd.
10 Portman Square
London W1H 6AZ,
U.K.
Attention: Mr. Anthony Todd, CEO
| Re: | Management Agreement Renewals |
Dear Mr. Todd:
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.
| • | Global Diversified Futures Fund L.P. |
| • | Diversified 2000 Futures Fund L.P. |
| • | Tactical Diversified Futures Fund L.P. |
| • | CMF Aspect Master Fund L.P. |
| • | Institutional Futures Portfolio L.P |
| • | Global Futures Fund Ltd |
| • | 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: |  | |
| Patrick T. Egan President and Director | ||
| ASPECT CAPITAL LTD. | ||
| By: |  | |
| Print Name: | Jonathan Greenworld | |
| PE/kg | Company Secretary and Authorised Signatory [ILLEGIBLE] | |
