Management Agreement Renewal Extension between Citigroup Managed Futures LLC and Campbell & Company, Inc. and Aspect Capital Management Ltd.

Summary

This agreement extends the term of existing management agreements between Citigroup Managed Futures LLC and both Campbell & Company, Inc. and Aspect Capital Management Ltd. for various commodity pools. The extension is valid through June 30, 2005, with all other terms and conditions of the original agreements remaining unchanged. The parties are required to acknowledge and accept this extension by signing and returning the letter. No other modifications are made to the original agreements.

EX-10.17 3 file002.htm MANAGEMENT AGREEMENT

Exhibit 10.17

June 11, 2004

Campbell & Company, Inc.
Court Tower Building
210 West Pennsylvania Avenue
Suite 770
Towson, MD 21204

Attn: Ms. Terry Becks

Re:    Management Agreement Renewals

Dear Ms. Becks:

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, 2005 and all other provisions of the Management Agreements will remain unchanged.

•  Smith Barney Potomac Futures Fund L.P.
•  Smith Barney Diversified Futures Fund L.P.
•  Smith Barney Diversified Futures Fund L.P. II
•  Smith Barney Global Markets Futures Fund L.P.
•  Smith Barney Global Diversified Futures Fund L.P.
•  Salomon Smith Barney Diversified 2000 Futures Fund L.P.
•  Smith Barney Campbell Financial, Metals and Energy Fund plc
•  AURORA 2001
•  AURORA III

Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Mr. Daniel McAuliffe 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/ Daniel R. McAuliffe, Jr.
Daniel R. McAuliffe, Jr.
Chief Financial Officer and Director

CAMPBELL & COMPANY, INC.

By: /s/ Theresa Becks

Print Name: Theresa Becks

DRMcA/sr




Exhibit 10.17

June 11, 2004

Aspect Capital Management Ltd.
Nations House – 8th Floor
103 Wigmore Street
London W1U 1QS, U.K.

Attention: Mr. Anthony Todd

Re:   Management Agreement Renewals

Dear Mr. Todd:

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, 2005 and all other provisions of the Management Agreements will remain unchanged.

•  Salomon Smith Barney Global Diversified Futures Fund L.P.
•  Salomon Smith Barney Diversified 2000 Futures Fund L.P.
•  Citigroup Diversified Futures Fund L.P.
•  Alera 100

Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Mr. Daniel McAuliffe 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/ Daniel R. McAuliffe, Jr.
Daniel R. McAuliffe, Jr.
Chief Financial Officer and Director
By:  /s/ Simon Rockall

Print Name: Simon Rockall

DRMcA/sr