EXHIBIT 10.02
AMENDMENT
TO
MANAGEMENT AGREEMENT
WHEREAS, DEMETER MANAGEMENT CORPORATION, a Delaware corporation (the
"General Partner") on behalf of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ SPECTRUM COMMODITY
L.P., a Delaware limited partnership (the "Partnership"), and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇▇ COMMODITIES MANAGEMENT, INC., a Delaware corporation (the "Trading
Advisor"), have agreed to amend the Amended and Restated Management Agreement,
dated as of April 1, 2000 (the "Management Agreement"), among the Partnership,
the General Partner, and the Trading Advisor, to change the incentive fee
payable to the Trading Advisor.
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 annual incentive fee percentage of 20% referred to in Section
6(a)(ii) of the Management Agreement is hereby changed to 17.5%.
2. The foregoing change shall take effect as of December 1, 2000.
Exh. 10.02-1
IN WITNESS WHEREOF, this Amendment to the Management Agreement has been
executed for and on behalf of the undersigned as of the 30th day of November,
2000.
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SPECTRUM COMMODITY L.P.
By: Demeter Management Corporation,
General Partner
By: /s/▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: President
DEMETER MANAGEMENT CORPORATION
By: /s/▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: President
▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇
COMMODITIES MANAGEMENT, INC.
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
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Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Title: President
Exh. 10.02-2
