Common use of PROCEDURE AS TO NEW INVESTORS Clause in Contracts

PROCEDURE AS TO NEW INVESTORS. The Sponsor may, as of the 1st and 16th calendar day of any calendar month (or as of such other times as the Sponsor may deem appropriate), admit one or more new Investors by issuing to such Investor(s) Units of the appropriate Class. Each new Investor to FuturesAccess shall execute and deliver an appropriate Subscription Agreement, including Signature Pages, and the Sponsor may require that each additional Capital Contribution (whether a new subscription or an exchange) be accompanied by new Signature Pages. This FuturesAccess Fund may charge an Investor such amount as may be deemed appropriate by the Sponsor to compensate this FuturesAccess Fund in the case of any Capital Contribution received by this FuturesAccess Fund after the day as of which the new Investor making such Capital Contribution is admitted to this FuturesAccess Fund and such Investor’s Units are deemed to have been issued. Admission of a new Investor shall not result in a dissolution of this FuturesAccess Fund.

PROCEDURE AS TO NEW INVESTORS. The Sponsor may, as of the 1st and 16th calendar day beginning of any calendar month (or as of such other times as the Sponsor may deem appropriate), admit one or more new Investors by issuing to such Investor(s) Units of the appropriate Class. Each new Investor to FuturesAccess shall execute and deliver an appropriate FuturesAccess Program Subscription and Exchange Agreement, including Signature Pages, and the Sponsor may require that each additional Capital Contribution (whether a new subscription or an exchange) be accompanied by a new FuturesAccess Program Subscription and Exchange Agreement Signature PagesPage. This FuturesAccess Fund may charge an Investor such amount as may be deemed appropriate by the Sponsor to compensate this FuturesAccess Fund in the case of any Capital Contribution received by this FuturesAccess Fund after the day as of which the new Investor making such Capital Contribution is admitted to this FuturesAccess Fund and such Investor’s Units are deemed to have been issued. Admission of a new Investor shall not result in a dissolution of this FuturesAccess Fund.

PROCEDURE AS TO NEW INVESTORS. The Sponsor may, as of the 1st and 16th calendar day beginning of any calendar month (or as of such other times as the Sponsor may deem appropriate), admit one or more new Investors by issuing to such Investor(s) Units of the appropriate Class. Each new Investor to FuturesAccess shall execute and deliver an appropriate FuturesAccess Program Subscription and Exchange Agreement, including Signature Pages, and the Sponsor may require that each additional Capital Contribution (whether a new subscription or an exchange) shall be accompanied by a new FuturesAccess Program Subscription and Exchange Agreement Signature PagesPage. This FuturesAccess Fund may charge an Investor such amount as may be deemed appropriate by the Sponsor to compensate this FuturesAccess Fund in the case of any Capital Contribution received by this FuturesAccess Fund after the day as of which the new Investor making such Capital Contribution is admitted to this FuturesAccess Fund and such Investor’s Units are deemed to have been issued. Admission of a new Investor shall not result in a dissolution of this FuturesAccess Fund.

PROCEDURE AS TO NEW INVESTORS. The Sponsor may, as of the 1st and 16th calendar day beginning of any calendar month (or as of such other times as the Sponsor may deem appropriate), admit one or more new Investors by issuing to such Investor(s) Units of the appropriate Class. Each new Investor to FuturesAccess shall execute and deliver an appropriate FuturesAccess Program Subscription and Exchange Agreement, including Signature Pages, and the Sponsor may require that each additional Capital Contribution (whether a new subscription or an exchange) shall be accompanied by a new FuturesAccess Program Subscription and Exchange Agreement Signature PagesPage. This FuturesAccess Fund may charge an Investor such amount as may be deemed appropriate by the Sponsor to compensate this FuturesAccess Fund in the case of any Capital Contribution received by this FuturesAccess Fund after the day as of which the new Investor making such Capital Contribution is admitted to this FuturesAccess Fund and such Investor’s 's Units are deemed to have been issued. Admission of a new Investor shall not result in a dissolution of this FuturesAccess Fund.

PROCEDURE AS TO NEW INVESTORS. The Sponsor may, as of the 1st and 16th calendar day of any calendar month (or as of such other times as the Sponsor may deem appropriate), admit one or more new Investors by issuing to such Investor(s) Units of the appropriate Class. Each new Investor to FuturesAccess shall execute and deliver an appropriate Subscription Agreement, including Signature Pages, and the Sponsor may require that each additional Capital Contribution (whether a new subscription or an exchange) be accompanied by new Signature Pages. This Systematic Momentum FuturesAccess Fund may charge an Investor such amount as may be deemed appropriate by the Sponsor to compensate this Systematic Momentum FuturesAccess Fund in the case of any Capital Contribution received by this Systematic Momentum FuturesAccess Fund after the day as of which the new Investor making such Capital Contribution is admitted to this Systematic Momentum FuturesAccess Fund and such Investor’s Units are deemed to have been issued. Admission of a new Investor shall not result in a dissolution of this FuturesAccess FundSystematic Momentum FuturesAccess.

PROCEDURE AS TO NEW INVESTORS. The Sponsor may, as of the 1st and 16th calendar day of any calendar month (or as of such other times as the Sponsor may deem appropriate), admit one or more new Investors by issuing to such Investor(s) Units of the appropriate Class. Each new Investor to FuturesAccess shall execute and deliver an appropriate Subscription Agreement, including Signature Pages, and the Sponsor may require that each additional Capital Contribution (whether a new subscription or an exchange) be accompanied by new Signature Pages. This FuturesAccess Fund may charge an Investor such amount as may be deemed appropriate by the Sponsor to compensate this FuturesAccess Fund in the case of any Capital Contribution received by this FuturesAccess Fund after the day as of which the new Investor making such Capital Contribution is admitted to this FuturesAccess Fund and such Investor’s 's Units are deemed to have been issued. Admission of a new Investor shall not result in a dissolution of this FuturesAccess Fund.

PROCEDURE AS TO NEW INVESTORS. The Sponsor may, as of the 1st and 16th calendar day of any calendar month (or as of such other times as the Sponsor may deem appropriate), admit one or more new Investors by issuing to such Investor(s) Units of the appropriate Class. Each new Investor to FuturesAccess shall execute and deliver an appropriate Subscription Agreement, including Signature Pages, signature pages and the Sponsor may require that each additional Capital Contribution (whether a new subscription or an exchange) be accompanied by new Signature Pages. This FuturesAccess Fund may charge an Investor such amount as may be deemed appropriate by the Sponsor to compensate this FuturesAccess Fund in the case of any Capital Contribution received by this FuturesAccess Fund after the day as of which the new Investor making such Capital Contribution is admitted to this FuturesAccess Fund and such Investor’s 's Units are deemed to have been issued. Admission of a new Investor shall not result in a dissolution of this FuturesAccess Fund.