Letter Agreement Extending Management Agreements Between Citigroup Managed Futures LLC and John W. Henry & Company, Inc.

Summary

Citigroup Managed Futures LLC and John W. Henry & Company, Inc. have agreed to extend the term of their existing management agreements for several commodity pools until June 30, 2009. All other terms of the original agreements remain unchanged. The extension applies to specific funds, including Smith Barney Westport Futures Fund L.P., JWH Master Fund LLC, AURORA III, Citigroup Diversified Futures Fund L.P., and CMF Institutional Futures Portfolio L.P. Both parties have acknowledged the extension by signing this letter.

EX-10.14 2 y01099exv10w14.htm EX-10.14: LETTER EXTENDING MANAGEMENT AGREEMENT EX-10.14
Exhibit 10.14
June 5, 2008
John W. Henry & Company, Inc.
301 Yamato Road, Suite 2200
Boca Raton, Fl. 33431-4931
Attn: Mr. Ken Webster
Re:   Management Agreement Renewals
Dear Mr. Webster:
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, 2009 and all other provisions of the Management Agreements will remain unchanged.
    Smith Barney Westport Futures Fund L.P.
    JWH Master Fund LLC
    AURORA III
    Citigroup Diversified Futures Fund L.P.
    CMF Institutional Futures Portfolio 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,


CITIGROUP MANAGED FUTURES LLC
 
   
By:   /s/ Jennifer Magro     
  Jennifer Magro     
  Chief Financial Officer & Director     
 
         
JOHN W. HENRY & COMPANY, INC

 
   
By:  /s/ Ken Webster     
 
Print Name:  Ken Webster