Management Agreement Renewal between Citigroup Managed Futures LLC and AAA Capital Management Inc. for Smith Barney AAA Energy Fund L.P.

Summary

Citigroup Managed Futures LLC and AAA Capital Management Inc. have agreed to extend the term of their existing management agreement for the Smith Barney AAA Energy Fund L.P. through September 30, 2005. All other terms and conditions of the original agreement remain unchanged. The renewal is confirmed by signatures from both parties. This letter serves as formal notice and requires acknowledgment from AAA Capital Management Inc.

EX-10.10 8 file002.htm MANAGEMENT AGREEMENT RENEWAL

Exhibit 10.10

June 15, 2005

AAA Capital Management Inc.
5051 Westheimer – Suite 2100
Houston, Texas 77056

Attention: Mr. Anthony Annunziato

Re:    Management Agreement Renewal

Dear Mr. Annunziato:

We are writing with respect to your management agreement concerning the commodity pool to which reference is made below (the "Management Agreement"). We are extending the term of the Management Agreement through September 30, 2005 and all other provisions of the Management Agreement will remain unchanged.

•  Smith Barney AAA Energy Fund L.P.

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 & Director

By: /s/ Anthony Annunziato                   

Print Name: Anthony Annunziato