EXHIBIT 10.01
AMENDMENT
TO
MANAGEMENT AGREEMENT
WHEREAS, DEMETER MANAGEMENT CORPORATION, a Delaware corporation (the
"General Partner") on behalf of XXXXXX XXXXXXX XXXX XXXXXX SPECTRUM STRATEGIC
L.P., a Delaware limited partnership (formerly, Xxxx Xxxxxx Spectrum Strategic
L.P.) (the "Partnership"), and BLENHEIM INVESTMENTS, INC., a New Jersey
corporation (the "Trading Manager"), have agreed to amend the Management
Agreement, dated as of November 1, 1994 (the "Management Agreement"), among the
Partnership, the General Partner, and the Trading Manager, to change the
management fee payable to the Trading Manager.
WHEREAS, all provisions contained in the Management Agreement remain in
full force and effect and are modified only to the extent necessary to provide
for the amendment set forth below.
NOW, THEREFORE, the parties hereto hereby amend the Management Agreement as
follows:
1. The monthly management fee rate of 1/3 of 1% (a 4% annual rate) referred
to in Section 6(a)(i) of the Management Agreement is hereby changed to 1/4 of 1%
(a 3% annual rate).
2. The foregoing change shall take effect as of March 23, 2001.
Exh. 10.01-1
IN WITNESS WHEREOF, this Amendment to the Management Agreement has been
executed for and on behalf of the undersigned as of the 23rd day of March, 2001.
XXXXXX XXXXXXX XXXX XXXXXX
SPECTRUM STRATEGIC L.P.
By: Demeter Management Corporation,
General Partner
By: /s/Xxxxxx X. Xxxxxx
-----------------------------------
Name: Xxxxxx X. Xxxxxx
Title: President
DEMETER MANAGEMENT CORPORATION
By: /s/Xxxxxx X. Xxxxxx
-----------------------------------
Name: Xxxxxx X. Xxxxxx
Title: President
BLENHEIM INVESTMENTS, INC.
By: /s/Xxxxxx Xxxxxxx
-----------------------------------
Name: Xxxxxx Xxxxxxx
Title: Chief Executive Officer
Exh. 10.01-2
