Management Agreement Renewal Letter between Ceres Managed Futures LLC and Chesapeake Capital Corporation for Tidewater Futures Fund L.P.

Summary

Ceres Managed Futures LLC and Chesapeake Capital Corporation have agreed to extend the term of their existing management agreement for the Tidewater Futures Fund L.P. through June 30, 2011. All other terms and conditions of the original management agreement remain unchanged. The renewal is confirmed by both parties signing this letter. This extension ensures continued management services for the specified commodity pool under the same terms as before.

EX-10.1.A 2 y04582exv10w1wa.htm EX-10.1.A exv10w1wa

Exhibit 10.1(a)

June 1, 2010

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, 2011 and all other provisions of the Management Agreement will remain unchanged.

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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