Management Agreement Renewal Letter between Ceres Managed Futures LLC and Cirrus Capital Management LLC (June 1, 2011)
Ceres Managed Futures LLC and Cirrus Capital Management LLC have agreed to extend the term of their existing management agreements for several commodity pools until June 30, 2012. All other terms of the original agreements remain unchanged. The letter serves as formal notice of the extension and requires acknowledgment by Cirrus Capital Management LLC. The involved commodity pools include CTA Capital LLC, Emerging CTA Portfolio L.P., CMF Cirrus Master Fund L.P., and Commodity Advisors Fund L.P.
| June 1, 2011 | Exhibit 10.10(b) |
Cirrus Capital Management, LLC
700 Louisiana
Suite 4260
Houston, TX 77002
Attention: Mr. Edward Ondarza
Re: Management Agreement Renewals
Dear Mr. Ondanza:
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, 2012 and all other provisions of the Management Agreements will remain unchanged.
| • | CTA Capital LLC |
| • | Emerging CTA Portfolio L.P. |
| • | CMF Cirrus Master Fund L.P. |
| • | Commodity Advisors Fund L.P. |
(formerly known as Energy Advisors Portfolio LP)
Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Ms. Jennifer Magro 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/ Jennifer Magro | |
| Jennifer Magro | ||
| Chief Financial Officer & Director | ||
| CIRRUS CAPITAL MANAGEMENT, LLC | ||
| By: | /s/ Edward Ondarza | |
| Print Name: | Edward Ondarza | |
| JM/sr | ||
