Advisory Agreement Assumption Letter for World Monitor Trust II – Series F (Campbell & Co., Inc. and Preferred Investment Solutions Corp.)

Contract Categories: Business Operations › Advisory Agreements
Summary

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.

Read More Arrow
EX-10.7 3 dex107.htm ADVISORY AGREEMENT FOR WORLD MONITOR TRUST II Advisory Agreement for World Monitor Trust II

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