Advisory Agreement Assumption Letter for World Monitor Trust II – Series F (Campbell & Co., Inc. and Preferred Investment Solutions Corp.)
This agreement notifies Campbell & Co., Inc. that Preferred Investment Solutions Corp. (formerly Kenmar Advisory Corp.) has acquired all shares of Prudential Securities Futures Management Inc., the managing owner of World Monitor Trust II – Series F. As a result, Preferred Investment Solutions Corp. assumes all liabilities and obligations under the existing advisory agreements with the Trust and will continue to operate under those terms. The agreement confirms the continuation of services and obligations without interruption, effective October 1, 2004.
Exhibit 10.7
![]() | Two American Lane | Tel  ###-###-#### | ||
P.O. Box 5150 | Fax  ###-###-#### | |||
Greenwich, Connecticut | ||||
06831-8150 | ||||
Joseph J. Allessie | ||||
Senior Vice President | ||||
General Counsel |
September 14, 2004
Campbell & Co., Inc.
Attn: General Counsel/Secretary
210 West Pennsylvania Avenue
Baltimore, MD 21204
Re: | Advisory Agreements for World Monitor Trust II Series F |
Please be advised that it is anticipated that as of October 1, 2004, all the issued and outstanding shares of capital stock of Prudential Securities Futures Management Inc. (the Prudential Managing Owners) of the above stated Trust is owned by Preferred Investment Solutions Corp. f/k/a Kenmar Advisory Corp. (the Kenmar Managing Owner). Therefore, with respect to the various advisory agreements currently in effect by and between the Trust, the Prudential Managing Owner and you, please be notified that the Kenmar Managing Owner has assumed the liabilities and obligations of the Prudential Managing Owner thereunder and will continue to satisfy and perform all liabilities and obligations thereunder.
The Kenmar Managing Owner will continue to operate per the existing advisory agreements. If this is acceptable, please sign both copies of this Letter Agreement and return one copy.
PREFERRED INVESTMENT SOLUTIONS CORP. | ||
By: | /s/ Joseph J. Allessie | |
Name: | Joseph J. Allessie | |
Title: | Senior Vice President, General Counsel | |
ACCEPTED AND AGREED TO: | ||
CAMPBELL & CO., INC. | ||
By: | /s/ Craig A. Weynand | |
Name: | Craig A. Weynand | |
Title: | General Counsel |