Management Agreement Extension between Citigroup Managed Futures LLC and Xplor Capital Management, LLC

Contract Categories: Business Operations › Management Agreements
Summary

Citigroup Managed Futures LLC and Xplor Capital Management, LLC have agreed to extend the term of their existing management agreements for two commodity pools, CTA Capital LLC and Citigroup Emerging CTA Portfolio LP, through June 30, 2010. All other terms and conditions of the original agreements remain unchanged. The extension is confirmed by both parties signing this letter.

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EX-10.4.B 5 y03082exv10w4wb.htm EX-10.4.B exv10w4wb
Exhibit 10.4(b)
June 9, 2009
Xplor Capital Management, LLC
35 Mason Street
4th Floor
Greenwich, CT 06830
Attention: Mr. Damon Hart
          Re:   Management Agreement Renewals
Dear Mr. Hart:
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 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 ###-###-####. 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    
 
        
XPLOR CAPITAL MANAGEMENT, LLC    
 
        
By:
  /s/ D. Hart
 
    
Print Name: D. Hart    
 
        
JM/sr