Management Agreement Renewal Letter between Ceres Managed Futures LLC and The Cambridge Strategy (Asset Mgt.) Ltd.
Ceres Managed Futures LLC and The Cambridge Strategy (Asset Mgt.) Ltd. have agreed to extend the term of their existing management agreement, which covers the management of several commodity pools, through June 30, 2015. All other terms of the original agreement remain unchanged. The renewal is confirmed by signatures from both parties.
Exhibit 10.12(b)
June 1, 2014
The Cambridge Strategy (Asset Mgt.) Ltd.
Berger House
36-38 Berkeley Square, 7th Floor
Mayfair, London W1J5AE
UK
Attention: Mr. Tony Henry
| Re: | Management Agreement Renewal |
Dear Mr. Henry:
We are writing with respect to your management agreement concerning the commodity pool to which reference is made below (the “Management Agreement”). We are extending the term of the Management Agreement through June 30, 2015 and all other provisions of the Management Agreement will remain unchanged.
| • | Cambridge Master Fund L.P. |
| • | Emerging CTA Portfolio L.P. |
| • | MSSB Spectrum Currency & Commodity 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 | ||
| THE CAMBRIDGE STRATEGY (ASSET MGT.) LTD. | ||
| By: | /s/ Edward Baker | |
| Print Name: | Edward Baker - Executive Chairman | |
| AL/sr | ||
