EXHIBIT 10.01
AMENDMENT NO. 1
TO THE
CUSTOMER AGREEMENT
AMONG
ML PRINCIPAL PROTECTION L.P. (FORMERLY, ML PRINCIPAL PROTECTION PLUS L.P.), ML
PRINCIPAL PROTECTION TRADING L.P. (FORMERLY, ML PRINCIPAL PROTECTION PLUS
TRADING L.P.) AND XXXXXXX XXXXX FUTURES INC.
This Amendment ("Amendment") is made as of this 1st day of January,
1997 by and among ML Principal Protection Trading L.P. (formerly, ML Principal
Protection Plus Trading L.P.) and Xxxxxxx Xxxxx Futures Inc.
W I T N E S S E T H:
WHEREAS, the parties hereto entered into a Customer Agreement dated as
of July 14, 1994 relating to the purchase and sale of commodity futures and
forward contracts and commodity options (the "Customer Agreement");
WHEREAS, the parties hereto wish to amend the Customer Agreement;
NOW THEREFORE, in consideration of the premises and mutual covenants
contained in the Customer Agreement and herein, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto agree to amend the
Customer Agreement as follow:
1. Brokerage Commissions. The third sentence of the first paragraph
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of Section 1 of the Customer Agreement is amended as follows:
The word "proposed" is deleted; the number
"0.7971" is deleted and the number "0.7292"
is substituted therefor; and the Number "9.5"
is deleted and the number "8.75" is substituted
therefor.
2. Amendment. This Amendment may not be amended except by the
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written consent of each of the parties hereto.
3. Counterparts. This Amendment may be executed in one or more
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counterparts, each of which shall, however, together constitute one and the
same documents.
IN WITNESS WHEREOF, this Amendment has been executed by the parties
hereto as of the day and year first above written.
ML PRINCIPAL PROTECTION TRADING L.P.
(formerly, ML Principal Protection Plus
Trading L.P.)
BY: XXXXXXX XXXXX INVESTMENT
PARTNERS INC., General Partner
BY:________________________________________
Name:
Title:
XXXXXXX XXXXX FUTURES INC.
BY:_______________________________________
Name:
Title:
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