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

Summary

Citigroup Managed Futures LLC and AAA Capital Management Inc. have agreed to extend the term of their existing management agreements for the Salomon Smith Barney AAA Energy Fund L.P. II until June 30, 2008. All other terms and conditions of the original agreements remain unchanged. The renewal is confirmed by both parties signing and returning the letter. This extension ensures continued management services for the specified commodity pool for an additional year.

EX-10.10 2 file2.htm MANAGEMENT AGREEMENTS RENEWAL

Exhibit 10.10

June 30, 2007

AAA Capital Management Inc.
1300 Post Oak Blvd. #350
Houston, Texas 77056

Attention: Mr. Anthony Annunziato

Re: Management Agreements Renewal

Dear Mr. Annunziato:

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, 2008 and all other provisions of the Management Agreements will remain unchanged.

•    Salomon Smith Barney AAA Energy Fund L.P. II

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,

CITIGROUP MANAGED FUTURES LLC

By:  /s/ Jennifer Magro
Jennifer Magro
Chief Financial Officer & Director
By:  /s/ Anthony Annunziato

Print Name    Anthony Annunziato

DRMcA/sr