AMENDMENT TO THE AMENDED AND RESTATED ALTERNATIVE INVESTMENT SELLING AGENT AGREEMENT

Exhibit 10.1

AMENDMENT TO THE AMENDED AND RESTATED ALTERNATIVE INVESTMENT SELLING AGENT AGREEMENT

This amendment dated as the 23rd day of June, 2020 to the Amended and Restated Alternative Investment Selling Agent Agreement (the “Agreement”) effective as of March 3, 2016, as amended from time to time, by and between each of the limited partnerships listed on Schedule 1 hereto (each, a “Partnership,” and together, the “Partnerships”), Ceres Managed Futures LLC, a Delaware limited liability company (the “General Partner”), and Xxxxxx Xxxxxxx Xxxxx Xxxxxx LLC, a Delaware limited liability company, currently doing business as Xxxxxx Xxxxxxx Wealth Management (“MSSB” or “Placement Agent”). Capitalized terms used herein but not otherwise defined shall have the respective meanings assigned them in the Agreement.

W I T N E S S E T H:

WHEREAS, the General Partner, the Partnerships and Placement Agent agree to amend the Agreement to (i) reflect a reduction in the annual Ongoing Placement Agent Fee payable to the Placement Agent from 2.0% to 1.0%, where applicable, and (ii) replace Schedules 1, 2, and 3; and

WHEREAS, pursuant to Section 15(c) of the Agreement, any change to the Agreement must be in writing and signed by all parties.

NOW, THEREFORE, the parties agree as follows:

1. Schedule 1 of the Agreement shall be deleted in its entirety and replaced by Schedule 1 attached hereto.

2. Schedule 2 of the Agreement shall be deleted in its entirety and replaced by Schedule 2 attached hereto.

3. Schedule 3 of the Agreement shall be deleted in its entirety and replaced by Schedule 3 attached hereto.

4. The effective date of this Amendment shall be July 1, 2020.

5. This Amendment, together with any documents referred to herein, constitutes the whole agreement between the parties relating to the subject matter of this Amendment and supersedes and extinguishes any prior drafts, agreements, undertakings, representations, warranties and arrangements of any nature, whether in writing or oral, relating to such subject matter.

6. This Amendment may be executed in any number of counterparts, including via facsimile or email, each of which is an original and all of which when taken together evidence the same agreement. Any signature on the signature page of this Amendment may be an original, a fax or electronically transmitted signature or may be executed by applying an electronic signature using DocuSign or, if permitted by the General Partner (such permission not to be unreasonably withheld), any other similar program.

7. This Amendment shall be governed by and construed in accordance with the laws of the State of New York.

IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of the date first written above.

THE PARTNERSHIPS LISTED ON
SCHEDULE 1 HERETO
By: Ceres Managed Futures LLC
Name:		/s/ Xxxxxxx X. Xxxx
		Xxxxxxx X. Xxxx
Title:		President
Xxxxxx Xxxxxxx Xxxxx Xxxxxx LLC
Name:		/s/ Xxxxxx Xxx
		Xxxxxx Xxx
Title:		Executive Director
Ceres Managed Futures LLC
Name:		/s/ Xxxxxxx X. Xxxx
		Xxxxxxx X. Xxxx
Title:		President

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Schedule 1

PARTNERSHIP		STATE AND DATE OF ORGANIZATION		EFFECTIVE DATE
Managed Futures Premier Xxxxxx X.X.		Delaware; July 15, 1998		April 1, 2014
Ceres Tactical Global L.P. (formerly Xxxxxx Xxxxxxx Xxxxx Xxxxxx Spectrum Currency and Commodity L.P.)		Delaware; October 20, 1999		December 31, 2013
Xxxxxx Xxxxxxx Xxxxx Xxxxxx Spectrum Select L.P.		Delaware; March 21, 1991		December 31, 2013

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Schedule 2

PRIOR AGREEMENTS

Amended and Restated Selling Agreement, dated as of July 29, 2002, among Managed Futures Premier Xxxxxx X.X. (formerly Xxxxxx Xxxxxxx Charter Xxxxxx X.X.), Xxxxxx Xxxxxxx Xxxxx Xxxxxx Charter Xxxxxxxx X.X. (formerly Xxxxxx Xxxxxxx Charter Xxxxxxxx X.X.), Xxxxxx Xxxxxxx Xxxxx Xxxxxx Charter Aspect L.P. (formerly Xxxxxx Xxxxxxx Charter MSFCM L.P.), Xxxxxx Xxxxxxx Charter Xxxxxx X.X., and Xxxxxx Xxxxxxx Xxxxx Xxxxxx Charter WNT L.P. (formerly Xxxxxx Xxxxxxx Charter Millburn L.P.), Xxxxxx Xxxxxxx XX Inc., and Ceres Managed Futures LLC (formerly Demeter Management Corporation), as amended

Amended and Restated Selling Agreement, dated as of March 7, 2000, among Xxxxxx Xxxxxxx Xxxxx Xxxxxx Spectrum Currency and Commodity L.P. (formerly Xxxxxx Xxxxxxx Xxxx Xxxxxx Spectrum Currency L.P.), Xxxxxx Xxxxxxx Xxxxx Xxxxxx Spectrum Global Balanced L.P. (formerly Xxxxxx Xxxxxxx Xxxx Xxxxxx Spectrum Global Balanced L.P.), Xxxxxx Xxxxxxx Xxxxx Xxxxxx Spectrum Select L.P. (formerly Xxxxxx Xxxxxxx Xxxx Xxxxxx Spectrum Select L.P.), Xxxxxx Xxxxxxx Xxxxx Xxxxxx Spectrum Strategic L.P. (formerly Xxxxxx Xxxxxxx Xxxx Xxxxxx Spectrum Strategic L.P.), Xxxxxx Xxxxxxx Xxxxx Xxxxxx Spectrum Technical L.P. (formerly Xxxxxx Xxxxxxx Xxxx Xxxxxx Spectrum Technical L.P.), Xxxxxx Xxxxxxx Xxxx Xxxxxx Spectrum Commodity L.P., Xxxx Xxxxxx Xxxxxxxx Inc., and Ceres Managed Futures LLC (formerly Demeter Management Corporation), as amended

Alternative Investment Placement Agent Agreement, dated as of April 1, 2014, by and among Ceres Managed Futures LLC, Xxxxxx Xxxxxxx Xxxxx Xxxxxx LLC and the Partnerships listed on Schedule 1 thereto

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Schedule 3

PARTNERSHIP		ONGOING PLACEMENT AGENT FEE
Managed Futures Premier Xxxxxx X.X.		1.0% annually of the Net Asset Value (computed monthly by multiplying the Net Asset Value of the Class A Units as of the beginning of each month by 1.0% and dividing the result thereof by 12) and paid on a monthly basis. Class Z Units will not be subject to an ongoing placement agent fee.
Ceres Tactical Global L.P. (formerly Xxxxxx Xxxxxxx Xxxxx Xxxxxx Spectrum Currency and Commodity L.P.)		1.0% annually of the Net Asset Value (computed monthly by multiplying the Net Asset Value of the Class A Units as of the beginning of each month by 1.0% and dividing the result thereof by 12) and paid on a monthly basis. Class Z Units will not be subject to an ongoing placement agent fee.
Xxxxxx Xxxxxxx Xxxxx Xxxxxx Spectrum Select L.P.		1.0% annually of the Net Asset Value (computed monthly by multiplying the Net Asset Value as of the beginning of each month by 1.0% and dividing the result thereof by 12) and paid on a monthly basis.

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