By: /s/ Jennifer Magro Jennifer Magro Chief Financial Officer and Director By: /s/ Paul Sedlack

EX-10.4.A 2 y04610exv10w4wa.htm EX-10.4.A exv10w4wa

Exhibit 10.4(a)

June 1, 2010

Graham Capital Management, L.P.
Rock Ledge Financial Center
40 Highland Avenue
Rowayton, CT 06853

Attention: Mr. Paul Sedlack

Re: Management Agreement Renewals

Dear Mr. Sedlack:

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, 2011 and all other provisions of the Management Agreements will remain unchanged.



	•		Diversified 2000 Futures Fund L.P.

	•		Fairfield Futures Fund L.P.

	•		Diversified Multi-Advisor Futures Fund L.P.

	•		Diversified Multi-Advisor Futures Fund L.P. II

	•		Tactical Diversified Futures Fund L.P.

	•		Fairfield Futures Fund L.P. II

	•		CMF Graham Capital Master 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,

CERES MANAGED FUTURES LLC


By:		/s/ Jennifer Magro

		Jennifer Magro
		Chief Financial Officer and Director

By:		/s/ Paul Sedlack

Print Name: Paul Sedlack

JM/sr