Management Agreement Renewal Letter between Ceres Managed Futures LLC and Waypoint Capital Management
Ceres Managed Futures LLC and Waypoint Capital Management have agreed to extend the term of their existing management agreements for several commodity pools until June 30, 2013. All other terms of the original agreements remain unchanged. The renewal applies to specific funds managed by Waypoint Capital Management. Both parties confirm the extension by signing and returning the letter.
Exhibit 10.7(a)
June 1, 2012
Waypoint Capital Management
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, 2013 and all other provisions of the Management Agreements will remain unchanged.
| • | CTA Capital LLC |
| • | Emerging CTA Portfolio L.P. |
| • | Global Diversified Futures Fund L.P. |
| • | Waypoint Master Fund L.P. |
| • | Diversified 2000 Futures Fund L.P. |
Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Mr. Brian Centner 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/ Brian Centner | |
| Brian Centner | ||
| Chief Financial Officer & Director | ||
| WAYPOINT CAPITAL MANAGEMENT | ||
| By: | /s/ Robert E Calabretta | |
| Print Name: | Robert E Calabretta | |
BC/sr
