Management Agreement Renewal Letter between Ceres Managed Futures LLC and Blackwater Capital Management LLC (June 2014)
Ceres Managed Futures LLC and Blackwater Capital Management LLC have agreed to extend the term of their existing management agreements for four commodity pools until June 30, 2015. All other terms of the original agreements remain unchanged. The renewal applies to the Emerging CTA Portfolio L.P., Global Diversified Futures Fund L.P., Blackwater Master Fund L.P., and MSSB Spectrum Technical L.P. Both parties have acknowledged the extension by signing this letter.
Exhibit 10.7(c)
June 1, 2014
Blackwater Capital Management, LLC
470 Headquarters Plaza
East Tower - 4th Floor
Morristown, N.J. 07960
Attention: Mr. Andy Silwanowicz
| Re: | Management Agreement Renewals |
Dear Mr. Silwanowicz:
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, 2015 and all other provisions of the Management Agreements will remain unchanged.
| • | Emerging CTA Portfolio L.P. |
| • | Global Diversified Futures Fund L.P. |
| • | Blackwater Master Fund L.P. |
| • | MSSB Spectrum Technical L.P. |
Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Mrs. Alice Lonero at the address above or fax to ###-###-####. If you have any questions I can be reached at ###-###-####.
Very truly yours,
| CERES MANAGED FUTURES LLC | ||
| By: | /s/ Alice Lonero | |
| Alice Lonero | ||
| Chief Financial Officer | ||
| BLACKWATER CAPITAL MANAGEMENT LLC | ||
| By: | /s/ Andrew Silwanowicz | |
| Print Name: | Andrew Silwanowicz, Principal | |
| AL/sr | ||
