Management Agreement Extension Letter between Ceres Managed Futures LLC and Aspect Capital Ltd. (June 2013)
Ceres Managed Futures LLC and Aspect Capital Ltd. have agreed to extend the term of their existing management agreements for several commodity pools until June 30, 2014. All other terms and conditions of the original agreements remain unchanged. The extension applies to six specific funds managed by Aspect Capital Ltd. Both parties have acknowledged the extension by signing this letter.
Exhibit 10.5(a)
June 1, 2013
Aspect Capital Ltd.
Nations House – 8th Floor
103 Wigmore Street
London W1U 1QS, U.K.
Attention: Mr. Anthony Todd, CEO
| 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, 2014 and all other provisions of the Management Agreements will remain unchanged.
| • | Global Diversified Futures Fund L.P. |
| • | Diversified 2000 Futures Fund L.P. |
| • | Tactical Diversified Futures Fund L.P. |
| • | CMF Aspect Master Fund L.P. |
| • | Institutional Futures Portfolio L.P |
| • | Global Futures Fund Ltd |
Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Mr. Damian George 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/ Damian George | |||
| Damian George | ||||
| Chief Financial Officer & Director | ||||
| ASPECT CAPITAL LTD. | ||||
| By: | /s/ Kenneth Hope | |||
| Print Name: | Kenneth Hope | |||
| DG/sr | ||||
