June 1, 2015 The Cambridge Strategy (Asset Mgt.) Ltd. Berger House
Exhibit 10.12(b)
June 1, 2015
The Cambridge Strategy (Asset Mgt.) Ltd.
Xxxxxx House
00-00 Xxxxxxxx Xxxxxx, 0xx Floor
Mayfair, London W1J5AE
UK
Attention: Xx. Xxxx Xxxxx
| Re: | Management Agreement Renewal |
Dear Xx. Xxxxx:
We are writing with respect to your management agreement concerning the commodity pool to which reference is made below (the “Management Agreement”). We are extending the term of the Management Agreement through June 30, 2016 and all other provisions of the Management Agreement will remain unchanged.
| • | Cambridge Master Fund L.P. |
| • | Emerging CTA Portfolio L.P. |
| • | MSSB Spectrum Currency & Commodity L.P. |
Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Xx. Xxxxxxx X. Xxxx at 000 Xxxxx Xxxxxx – 0xx Xxxxx, Xxx Xxxx, XX 00000 or fax to 000-000-0000. If you have any questions, I can be reached at 000-000-0000 or contact Xxxx Xxxx at 000-000-0000.
Very truly yours,
| CERES MANAGED FUTURES LLC | ||
| By: | /s/ Xxxxxxx X. Xxxx | |
| Xxxxxxx X. Xxxx | ||
| President and Director | ||
| THE CAMBRIDGE STRATEGY (ASSET MGT.) LTD. | ||
| By: | /s/ Xxxxx Xxxxxxxx | |
| Print Name: |
Xxxxx Xxxxxxxx | |
| PE/kg | ||
