CITIGROUP MANAGED FUTURES LLC By: /s/ Jennifer Magro Jennifer Magro Chief Financial Officer & Director WAYPOINT CAPITAL MANAGEMENT LLC By: /s/ R. Calabretta Print Name: R. Calabretta JM/sr

EX-10.3.B 4 y03082exv10w3wb.htm EX-10.3.B exv10w3wb

Exhibit 10.3(b)

June 9, 2009

Waypoint Capital Management LLC
23 Green St. — Suite 210
Huntington, N.Y. 11743
Attention: Mr. Robert Calabretta


Re:		Management Agreement Renewals

Dear Mr. Calabretta:

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, 2010 and all other provisions of the Management Agreements will remain unchanged.

	•		CTA CAPITAL LLC

	•		Citigroup Emerging CTA Portfolio L.P.

	•		Citigroup Global Diversified Futures Fund L.P

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,


CITIGROUP MANAGED FUTURES LLC

By:		/s/ Jennifer Magro
		Jennifer Magro
		Chief Financial Officer & Director

WAYPOINT CAPITAL MANAGEMENT LLC

By:		/s/ R. Calabretta
Print Name: R. Calabretta

JM/sr