1
Exhibit 10.3A
Xxxxx Xxxxxx Futures Management Inc.
000 Xxxxxxxxx Xxxxxx - 0xx xxxxx
Xxx Xxxx, Xxx Xxxx 00000
April _, 1997
European American Bank
000 Xxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attention: Xx. Xxxxxxx Xxxxx
Financial Institutions North America
Re: Xxxxx Xxxxxx Diversified Futures Fund X.X. XX
(the "Partnership")
This letter is sent in connection with the Escrow Agreement, dated August _,
1995, among European American Bank, Xxxxx Xxxxxx Diversified Futures Fund X.X.
XX, Xxxxx Xxxxxx Futures Management Inc. and Xxxxx Xxxxxx Inc. (the "Escrow
Agreement"). The Partnership has increased the number of Units to be offered,
and Xxxxxxxxx X. Xxxxxx has resigned as President and Director of Xxxxx Xxxxxx
Futures Management Inc.; Xx. Xxxxx X. Xxxxx, a Director, is now also President.
Consequently, the Escrow Agreement is amended as set forth below.
1. Delete the last sentence of Paragraph 6 and replace it as follows:
"The Continuous Offering Period for the Units shall mean a period
commencing on the termination of the Initial Offering Period (if at
least 5,000 Units are sold during the Initial Offering Period) and
ending upon the sale of 150,000 Units."
2. Xxxxxxxxx X. Xxxxxx is deleted from Schedule I and Xxxxx X. Xxxxx is added
thereto.
2
Please acknowledge your agreement to these changes by signing one copy of this
letter and returning it to the undersigned.
Very truly yours,
XXXXX XXXXXX DIVERSIFIED
FUTURES FUND X.X. XX
By Xxxxx Xxxxxx Futures Management Inc.
General Partner
By
----------------------------------
Name:
Title:
XXXXX XXXXXX FUTURES
MANAGEMENT INC.
By
----------------------------------
Name:
Title:
XXXXX XXXXXX INC.
By
----------------------------------
Name:
Title:
ACKNOWLEDGED AND AGREED:
EUROPEAN AMERICAN BANK
By
----------------------------------
Name:
Title: