Management Agreement Renewal Extension between Ceres Managed Futures LLC and AAA Capital Management Inc.

Contract Categories: Business Operations › Management Agreements
Summary

Ceres Managed Futures LLC and AAA Capital Management Inc. 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 covers multiple funds managed by AAA Capital Management Inc. Both parties have acknowledged the extension by signing this letter agreement.

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EX-10.3.A 2 y04565exv10w3wa.htm EX-10.3.A exv10w3wa
Exhibit 10.3(a)
June 1, 2010
AAA Capital Management Inc.
1300 Post Oak Blvd. #350
Houston, Texas 77056
Attention: Mr. Anthony Annunziato
     Re: Management Agreement 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, 2011 and all other provisions of the Management Agreements will remain unchanged.
  •   AAA Capital Energy Fund L.P.
 
  •   AAA Capital Energy Fund L.P. II
 
  •   AAA Master Fund LLC
 
  •   Orion Futures Fund L.P.
 
  •   Institutional Futures Portfolio L.P.
 
  •   Legion Strategies LLC
 
  •   Energy Advisors Portfolio L.P.
 
  •   Global Futures Fund LTD
 
  •   Orion Futures Fund (Cayman) 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 & Director     
 
AAA CAPITAL MANAGEMENT INC.
 		    
By:   /s/ Anthony Annunziato      
  Print Name Anthony Annunziato     
       
JM/sr