Letter Agreement Extending Management Agreement Between Ceres Managed Futures LLC and Chesapeake Capital Corporation
Ceres Managed Futures LLC and Chesapeake Capital Corporation have agreed to extend the term of their existing management agreement, which covers the management of the Tidewater Futures Fund L.P., through June 30, 2012. All other terms and conditions of the original management agreement remain unchanged. Chesapeake Capital Corporation is required to acknowledge and accept this extension by signing and returning a copy of the letter.
Exhibit 10.1(a)
June 1, 2011
Chesapeake Capital Corporation
17th Floor
Richmond Federal Reserve Building
701 E Byrd Street
Richmond, Va 23219
Attention: Mr. John M. Hoade
| Re: | Management Agreement Renewals |
Dear Mr. Hoade:
We are writing with respect to your management agreements concerning the commodity pools 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.
| • | Tidewater Futures 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 | ||||
| CHESAPEAKE CAPITAL CORPORATION | ||||
| By: | /s/ Richard S. Rusin | |||
| Print Name: | Richard S. Rusin | |||
| Chief Operating Officer | ||||
| JM/sr | ||||
