Common use of Stratton Clause in Contracts

Stratton. We are xxxxxxx xxxh 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, 2002 and all other provisions of the Management Agreements will remain unchanged. Smith Barney Diversifiex Xxxxxxx Xxnd L.P. II Salomon Xxxxx Xarney Orxxx Xxxxxxx Xuxx X.X. Smith Barnex Xxxxxxxxxxx 0000 Xxxxxes Fund L.P. Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Mr. Daniel McAuliffe ax xxx xxxxxxx xxxxx or fax to 212-723-8985. If you hxxx xxx xxxstions I can be reached at 212-723-5435. Very truxx xxxxx, XMITH BARNEY FUTURES MAXXXXXXXX XXX By: /s/ Daniel R. McAuliffe, Jr. ------------------------ Daniel R. McAuliffe, Jr. Xxxxx Xxxxxxxal Officer & Director AGREED AND ACCEPTED BEACON MANAGEMENT CORPORATION By: Print Name: DRMcA/sr

Stratton. We are xxxxxxx xxxh 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, 2002 and all other provisions of the Management Agreements will remain unchanged. o Smith Barney Diversifiex Xxxxxxx Xxnd L.P. II Salomon o Salomox Xxxxx Xarney Barney Orxxx Xxxxxxx Xuxx X.X. o Smith Barnex Xxxxxxxxxxx Barney Diversifiex 0000 Xxxxxes Fund L.P. Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Mr. Daniel McAuliffe ax xxx xxxxxxx xxxxx or fax to 212-723-8985. If you hxxx xxx xxxstions I can be reached at 212-723-5435. Very truxx xxxxx, XMITH BARNEY FUTURES MAXXXXXXXX XXX By: /s/ Daniel R. McAuliffe, Jr. ------------------------ Daniel R. McAuliffe, Jr. Xxxxx Xxxxxxxal Officer & Director AGREED AND ACCEPTED BEACON MANAGEMENT CORPORATION By: Print Name: DRMcA/sr/s/ Mark S. Stratton ---------------

Stratton. We are xxxxxxx xxxh 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, 2002 and 2001and all other provisions of the Management Agreements will remain unchanged. o Smith Barney Diversifiex Xxxxxxx Xxnd L.P. II Salomon o Salomox Xxxxx Xarney Barney Orxxx Xxxxxxx Xuxx X.X. o Smith Barnex Xxxxxxxxxxx Barney Diversifiex 0000 Xxxxxes Fund L.P. Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Mr. Daniel McAuliffe ax Dantuono at xxx xxxxxxx xxxxx or fax to 212-723-8985. If you hxxx xxx xxxstions I can be reached at 212-723-54355416. Very truxx xxxxx, XMITH BARNEY FUTURES MAXXXXXXXX XXX By: /s/ Daniel R. McAuliffe, Jr. ------------------------ A. Dantuono --------------------------- Daniel R. McAuliffe, Jr. A. Dantuono Xxxxx Xxxxxxxal Officer Officer, Director & Director AGREED AND ACCEPTED BEACON MANAGEMENT CORPORATION Treasurer By: Print Name: DRMcA/sr/s/ Mark S. Stratton -----------------------------------

Stratton. We are xxx xxxxxxx xxxh 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, 2002 and all other provisions of the Management Agreements will remain unchanged. o Smith Barney Diversifiex Xxxxxxx Xxnd L.P. II Salomon o Salomox Xxxxx Xarney Barney Orxxx Xxxxxxx Xuxx X.X. o Smith Barnex Xxxxxxxxxxx Barney Diversifiex 0000 Xxxxxes Fund L.P. Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Mr. Daniel McAuliffe ax xxx xxxxxxx xxxxx or fax to 212-723-8985. If you hxxx xxx xxxstions I can be reached at 212-723-5435. Very truxx xxxxx, XMITH BARNEY FUTURES MAXXXXXXXX XXX By: /s/ Daniel R. McAuliffe, Jr. ------------------------ ---------------------------------- Daniel R. McAuliffe, Jr. Xxxxx Xxxxxxxal Officer & Director AGREED AND ACCEPTED BEACON MANAGEMENT CORPORATION By: /s/ Mr. Mark Stratton --------------------------------- Print Name: Mr. Mark Stratton Xxxxx Xinancial Officer DRMcA/sr

Stratton. We are xxxxxxx xxxh 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, 2002 and all other provisions of the Management Agreements will remain unchanged. o Smith Barney Diversifiex Xxxxxxx Xxnd L.P. II Salomon o Salomox Xxxxx Xarney Barney Orxxx Xxxxxxx Xuxx X.X. o Smith Barnex Xxxxxxxxxxx Barney Diversifiex 0000 Xxxxxes Fund L.P. Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Mr. Daniel McAuliffe ax xxx xxxxxxx xxxxx or fax to 212-723-8985. If you hxxx xxx xxxstions I can be reached at 212-723-5435. Very truxx xxxxx, XMITH BARNEY FUTURES MAXXXXXXXX XXX By: /s/ Daniel R. McAuliffe, Jr. ------------------------ Daniel R. McAuliffeXxxxxx X. XxXuliffe, Jr. Xxxxx Xxxxxxxal Officer & Director AGREED AND ACCEPTED BEACON MANAGEMENT CORPORATION By: Print Name: DRMcA/srMANAGMENT CORPORATION