Management Agreement Renewal Letter between Ceres Managed Futures LLC and Altis Partners (Jersey) Limited

Contract Categories: Business Operations › Management Agreements
Summary

Ceres Managed Futures LLC and Altis Partners (Jersey) Limited have agreed to extend the term of their existing management agreements for several commodity pools until June 30, 2011. All other terms and conditions of the original agreements remain unchanged. The renewal applies to specific funds managed by Altis Partners. Both parties have acknowledged and accepted this extension by signing the letter.

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EX-10.7.A 4 y04626exv10w7wa.htm EX-10.7.A exv10w7wa
Exhibit 10.7(a)
June 1, 2010
Altis Partners (Jersey) Limited
2 Hill Street
St Helier, Jersey
Channel Islands JE2 4UA
Attention: Mr. Stephen Hedgecock
         
 
  Re:   Management Agreement Renewals
Dear Mr. Hedgecock:
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.
  •   CTA Capital LLC
 
  •   Global Diversified Futures Fund L.P.
 
  •   Emerging CTA Portfolio L.P.
 
  •   CMF Altis Partners 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 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    
 
        
ALTIS PARTNERS (JERSEY) LIMITED
         
 
        
By:
  /s/ Stephen Hedgecock    
   
Print Name: Stephen Hedgecock
    
JM/sr