Extension Letter for Management Agreement between Ceres Managed Futures LLC and Warrington Asset Management
Ceres Managed Futures LLC and Warrington Asset Management have agreed to extend the term of their existing management agreement for the Warrington Fund L.P. through June 30, 2012. All other terms of the original agreement remain unchanged. Both parties have acknowledged and accepted this extension by signing the letter. This extension ensures the continued management of the fund under the same conditions as before, with only the end date being updated.
Exhibit 10.1(b)
June 1, 2011
Warrington Asset Management
200 Crescent Court — Suite 900
Dallas, Texas 75201
Attention: Mr. Scott C. Kimple
Re: Management Agreement Renewal
Dear Mr. Kimple:
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 June 30, 2012 and all other provisions of the Management Agreement will remain unchanged.
| • | Warrington Fund L.P. |
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 | ||
| WARRINGTON ASSET MANAGEMENT | ||
| By: | /s/ Scott Kimple | |
| Print Name: | Scott Kimple | |
| JM/sr | ||
