Exhibit 10.09
Demeter Management Corporation Xxxx Xxxxxx Xxxxxxxx Inc.
Two World Trade Center, 62nd Floor Two World Trade Center, 62nd Floor
New York, New York 10048 Xxx Xxxx, Xxx Xxxx 00000
May 11, 0000
Xxx Xxxxx Xxxxxxxxx Bank
000 Xxxx 00xx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attn: Xx. Xxxx Xxxxxxxx
Re: Xxxx Xxxxxx Spectrum Series Escrow Agreement (Amendment)
Gentlemen:
Reference is made to the Escrow Agreement (the "Escrow Agreement")
dated September 30, 1994 among The Chase Manhattan Bank (formerly, Chemical
Bank), Xxxx Xxxxxx Xxxxxxxx Inc., and Demeter Management Corporation
("Demeter"), on behalf of Xxxx Xxxxxx Spectrum Balanced L.P., Xxxx Xxxxxx
Spectrum Strategic L.P. and Xxxx Xxxxxx Spectrum Technical X.X. Xxxxxxx has
added Xxxx Xxxxxx Spectrum Select L.P. ("Spectrum Select," formerly Xxxx Xxxxxx
Select Futures Fund L.P.), as one of the Partnerships in the Continuing
Offering. As such, Spectrum Select will offer Units to the public as described
in the Partnerships' Prospectus. Capitalized terms not defined herein shall have
the meaning ascribed thereto in the Escrow Agreement.
Accordingly, the Escrow Agreement is hereby amended to reflect the
addition of Spectrum Select as a "Partnership" for all purposes in the Escrow
Agreement. Units of Spectrum Select will be offered in the Continuing Offering
in accordance with the terms described in the Escrow Agreement. In all respects,
funds received from Subscribers to Spectrum Select during the Continuing
Offering will be held and released from escrow in accordance with the terms of
the Escrow Agreement.
If the foregoing is satisfactory to you, please so indicate by signing
in the space provided below.
Sincerely,
DEMETER MANAGEMENT CORPORATION
By: /s/ Xxxx X Xxxxxx
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Xxxx X. Xxxxxx
President
XXXX XXXXXX XXXXXXXX INC.
By: /s/ Xxxx X. Xxxxxx
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Xxxx X. Xxxxxx
Executive Vice-President
ACCEPTED:
THE CHASE MANHATTAN BANK:
By: /s/ X. X. Gilkesen
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X.X. Gilkesen
Vice-President
